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U.S. Industrial Production Falls 0.2% in October

Wall Street Journal (11/17/15) Harriet Torry; Josh Zumbrun

U.S. industrial production declined a seasonally adjusted 0.2% in October from September, according to the U.S. Federal Reserve. Meanwhile, capacity utilization declined from an upwardly revised 77.7% in September to 77.5% in October. Economists polled by the Wall Street Journal had forecast industrial production would be flat in October and capacity utilization would be 77.5%.

Manufacturing output increased by 0.4% in October, and automotive production rose 0.8%. Mining output fell by 1.5%, and utilities retreated 2.5%.