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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (55704)	11/16/2001 2:15:04 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

CPI, industrial production, capacity utilization all fall: money.cnn.com Consumer prices fell in the United States in October, the government said Friday, led by plunging energy prices and continuing weakness in the world's largest economy. The Consumer Price Index, the government's main inflation gauge, fell 0.3 percent, the Labor Department reported, after rising 0.4 percent in September. Analysts surveyed by Briefing.com had forecast a 0.3 percent drop. The "core" CPI, which excludes often-volatile energy and food prices, rose 0.2 percent in October after rising 0.2 percent in September. Economists surveyed by Briefing.com expected core CPI to be flat. Separately, the Federal Reserve reported industrial production fell 1.1 percent in October after falling 1.0 percent in September. The 13th straight decline was the biggest since a 1.3 percent drop in November 1990 and marked the longest string of declines since 15 straight from 1931 to 1932. Economists surveyed by Briefing.com had forecast a 0.9 percent drop. The Fed also said factories, mines and utilities ran at 74.8 percent of capacity in October - the lowest rate since June 1983 - down from 75.5 percent in September. Economists expected capacity utilization of 74.7 percent.