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Politics : Idea Of The Day
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To: Lee who wrote (31188)4/14/2000 9:18:00 AM
From: Lee  Read Replies (1) of 50167
 
More Economic Data for Friday, April 14, 2000

Industrial Production for March = +0.3%
Capacity Utilization = 81.4%

bog.frb.fed.us
Industrial production increased 0.3 percent in March after having increased an average of 1/2 percent in the previous three months. At 142.0 percent of its 1992 average, industrial production in March was 5.1 percent higher than in March 1999. For the first quarter as a whole, the total index increased at an annual rate of 6.4 percent, up from a gain of 5.3 percent in the fourth quarter. The acceleration in the first quarter reflects a rebound in the output of utilities, which had fallen sharply in the fourth quarter. Although manufacturing output expanded slightly less rapidly in the first quarter than in the fourth, it increased at a rate still well above the average for 1998 and 1999. The rate of capacity utilization for total industry edged down in March to 81.4 percent, a level about 1/2 percentage point below its 1967-99 average.
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