Industrial Production Down 0.5% in October
Industrial production decreased 0.5  ; percent in October after having increased 0.2 percent in September. Total industrial production in October was 1.8 percent above its year-earlier level.
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Output in the manufacturing sector fell 0.4  ; percent in October. The output of utilities dropped 1.6  ; percent, primarily because of a decline in gas utilities; the output at mines fell 0.6  ; percent, reversing September’s gain.
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Capacity utilization for total industry declined to 81.7 percent, a rate equal to its year-earlier level but 0.7 percentage point above its 1972-2006 average.
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