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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (4484)	4/16/2004 10:06:23 AM
From: mishedlo	Respond to of 116555

industrial production federalreserve.gov Industrial production fell 0.2 percent in March after two months of large gains. At 114.5 percent of its 1997 average, output was 3.4 percent above its level in March 2003. For the first quarter as a whole, production rose at an annual rate of 6.6 percent, and in the fourth quarter of 2003, it increased at an upwardly revised annual rate of 5.6 percent. In March, manufacturing output was unchanged. However, mining output was down 0.3 percent, and the output at utilities dropped 2.3 percent because of unseasonably warm weather. The rate of capacity utilization for total industry declined 0.2 percentage point, to 76.5 percent