Industrial production rises in December
Industrial production rose 0.26 percent since November 2012 and rose 2.25 percent above the level seen in December 2011, according to the Federal Reserve.
Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing an increase in December with total industrial production rising 0.26% since November and rising 2.25% above the level seen in December 2011.Skip to next paragraph
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.
Subscribe Today to the Monitor
Capacity utilization also rose 0.12% from November and climbing 0.61% above the level seen in November of 2011 to stand at 78.78%
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.
RECOMMENDED: Four job trends for 2013
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.