December 13, 2022
US industrial production fell -0.2% m/m in November. Nevertheless, production is still up +2.5% from a year ago.
Total industrial capacity utilization declined to 79.7% in November.
US manufacturing output (a subset of industrial production) fell -0.6% m/m in November, though it is still up +1.4% from a year ago.
Manufacturing capacity utilization declined to 79.0% in November.