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Industrial production up in September

Industrial production increased 0.41 percent since August 2012 and rose 2.81 percent above the level seen in September 2011, according to the Federal Reserve.

By Guest blogger / October 16, 2012

This graph shows industrial production since 2006, according to the Federal Reserve.

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Today, the Federal Reserve released their monthly read of industrial production and capacity utilization 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. 

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Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

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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% 

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. 

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