Production Gains 0.1%; Capacity Use Flat at 81.5%

Industrial production in the nation was up 0.1% in January while capacity utilization held at 81.5, according to data released by the Federal Reserve Board Friday.

The rise in production level followed a 0.1% increase the previous month, originally reported as unchanged, while December capacity use was revised up to 81.5 from the initially reported 81.4.

IFR Markets had forecast a 0.1% increase in production, and an 81.4% level for capacity utilization.

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