Industrial Production Dips in October
Washington, DC, Nov. 17, 2014 -- Industrial production declined in October, according to the Federal Reserve.
Industrial production fell 0.1% from September while capacity utilization fell to 18.9% from 79.3%.
Monday's report showed September's growth number was also revised down to 0.8% from 1%, while capacity utilization for September also fell to 79.2% from 79.3%.
The big declines in the October report were from the mining and utilities sectors.