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To: Lee who wrote (29698)11/16/1999 9:25:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic Data for Tuesday, November 16, 1999

Industrial Production for Oct. = +0.7%
Capacity Utilization = +0.3% to 80.7%

bog.frb.fed.us
Industrial production, which had edged down in September when Hurricane Floyd slowed activity along the eastern seaboard, increased 0.7 percent in October. In the recovery after the storm, output rebounded at electric utilities and in a number of manufacturing industries. At 136.1 percent of its 1992 average, industrial production in October was 2.8 percent higher than in October 1998. The rate of capacity utilization for total industry rose 0.3 percentage point, to 80.7 percent, a level 1.4 percentage points below its 1967-98 average.