Industrial production gained 0.2% in January, the Federal Reserve reported Wednesday.
The production increase followed a revised 0.3% decrease in December, first reported as a 0.1% slide.
Capacity utilization held in January at 79.4% from a revised 79.4% the previous month, first reported as 79.7%.
Economists polled by Thompson Reuters projected a 0.3% increase for industrial production and a 79.9% capacity utilization rate.
Manufacturing output was up 0.2% in January following a flat reading in December.
Utility output climbed 3.3% in January after dropping a revised 6.9% in December, first reported as a 7.3% decline.










