U.S. Industrial Production Fell 0.1% In February
(For February 2011)
U.S. industrial production fell 0.1% in February. The consensus was at 0.6%, January revised (up 0.4%) reading was at 0.3%. On year level industrial production is up 5.5%.
Capacity utilization fell to 76.3% from revised January reading of 76.4% ( from 76.1%); Consensus was at 76.5%.
Not impressive at all….