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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.
Capacity utilization moved down 0.2 percentage points in November to 79.7%, a rate that is 0.1 percentage points above its long-run (1972–2021) average.