Industrial production up in September
Today, the聽Federal Reserve聽released their聽monthly of industrial production and capacity utilization聽showing an improvement in September with total industrial production increasing 0.41% since August and rising 2.81% above the level seen in September 2011.聽
Capacity utilization also increased rising 0.27% from August and climbing 1.37% above the level seen in September of 2011 to stand at 78.26%聽
It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.聽
