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Industrial Production

6/16/2014

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The Federal Reserve does a nice job of publishing a host of statistics about the financial system and the economy overall.  Today's release focused on industrial production, which sowed a nice upward tick in May after a decline in April.  However, the overall capacity utilization rate is still below the long-term (1972-2013) average, which is somewhat disappointing after this prolonged period of economic recovery.

For all of the details please see http://www.federalreserve.gov/releases/g17/Current/default.htm.
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    David J. Mangen

    I'll use this space to make some occasional comments about statistics, numbers and research issues as seen in the world today.

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