Economy
October 19, 2015
Industrial Production and Manufacturing Capacity Utilization
Written by Peter Wright
Both these data points are reported in the Federal Reserve G17 data base. The index had an all-time high of 107.9108 in November last year but on a month over month basis has declined for eight of the first nine months of 2015. On a year over year basis using a three month moving average (3MMA) growth is still positive but has declined from 4.5 percent in January to 0.93 percent in September (Figure 1).
