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.
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.
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.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.