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U.S. Industrial Production Falls 0.2%

Wall Street Journal (10/16/15) Josh Mitchell; Kate Davidson

U.S. industrial production declined a seasonally adjusted 0.2% from August to September, according to the U.S. Federal Reserve. Capacity utilization declined from 77.8% in August to 77.5% in September. Prior to the recession, capacity utilization was approximately 80%. Economists polled by the Wall Street Journal had forecast a 0.2% decline in industrial production and capacity use of 77.3% in September.

Overall industrial production rose 0.4% from a year ago, and factory output increased 1.4%.