Federal Reserve issues monthly summary of Industrial Production and Capacity Utilization
Posted by scapozzola on 04/17/2012
From the Federal Reserve Board of Governors: Industrial production was unchanged in March for a second month.
Manufacturing output declined 0.2 percent in March.
However, manufacturing output jumped 10.4 percent at an annual rate in the first quarter. This gain in manufacturing output in the first quarter was broadly based:
Even excluding motor vehicles and parts, which jumped at an annual rate of nearly 40 percent, manufacturing output moved up at an annual rate of 8.3 percent and output for all but a few major industries increased 5 percent or more.
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