Industrial production grew 0.1% in October, the Federal Reserve reported Friday.
The increase followed a revised 0.2% rise in September, first seen as a 0.3% increase.
Capacity utilization slid to 78.4% in October from an upwardly revised 78.5% in September, first reported as 78.1%.
Economists polled by IFR Markets projected a 0.2% increase for industrial production and a 78.2% capacity utilization rate.
Manufacturing output was up 0.3% in October, following a 0.3% gain in September.
Utilities’ output was off 0.5% after decreasing 0.1% in September, while mining was 0.3% lower after a 0.1% dip the month before.
