Tuesday, May 17, 2011

Production Pullback: Industrial Production April 2011

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing slight declines with total industrial production falling 0.01% from March but rising 4.95% above the level seen in April 2010.

Capacity utilization also slowed falling 0.12% from March but climbing 5.10% above the level seen in April of 2010 to stand at 76.91%