THE BASIS POINT

Industrial Production and Manufacturing down.

 

Industrial Production (October 2012)

Production – Month/Month -0.4%. Previous was +0.4% 
Capacity Utilization Rate  77.8%. Previous was 78.3%
Manufacturing – Month/Month -0.9%. Previous was -0.2%.

Industrial Production includes the output from utilities which took a storm related hit at the end of the month.

 

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