Friday, February 14, 2014

Production Pullback: Industrial Production January 2014

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a decrease in January with total industrial production falling 0.33% since December but rose 2.91% above the level seen in January 2013.

Capacity utilization also declined falling 0.52% from December but rising 1.02% above the level seen in January 2013 to stand at 78.48%