Industrial Production Rebounds

 

Nov. 16, 2006 -- Industrial production was up 0.2 percent last month after declining in September, the Federal Reserve said today.

Capacity utilization across all industries rose by 0.1 percentage points to 82.2 percent, 1.2 points above its average since 1972, the report said.

The gains in October were led by higher demand for utilities, computers, and electronics.

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