Industrial production improves

Total industrial production increased 0.3 percent from December and rose 3.35 percent above the level seen in January 2011.

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    This chart shows the annual and monthly change in industrial production over the past five years. Production has increased 3.35 percent since January of 2011.
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Wednesday, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a pullback with total industrial production increased 0.3% from December and rising 3.35% above the level seen in January 2011.

Capacity utilization declined 0.06% from December climbing just 2.16% above the level seen in January of 2011 to stand at 78.55%

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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