Industrial data Nov 2022: Production falls 0.2%
Manufacturing falls 0.6% and mining 0.7%
By FEDERAL RESERVE
Published - Dec 16, 2022, 04:00 AM ET
Last Updated - Feb 07, 2023, 11:09 PM EST
Industrial production and capacity utilization data for November 2022 are now available.
Industrial production declined 0.2% in November.
Decreases of 0.6% for manufacturing and 0.7% for mining were partly offset by a rebound of 3.6% for utilities following three months of declines.
At 104.5% of its 2017 average, total industrial production in November was 2.5% above its year-earlier reading.