G.17 Data for Dec 2022: Industrial production falls 0.7%

Industrial production and capacity utilization data for December 2022 are now available.

Industrial production decreased 0.7% in December and 1.7% at an annual rate in the fourth quarter. 

In December, manufacturing output fell 1.3% amid widespread declines across the sector. 

The index for utilities jumped 3.8%, as cold temperatures boosted the demand for heating, while the index for mining moved down 0.9%.