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Economic Data (USA)

Wednesday, January 16, 2008

Industrial Production for December, 2007

The Industrial Production numbers for December, 2007 were released by the Federal Reserve this morning:

Industrial Production:
Predicted: -0.2%
Actual: 0.0%

Capacity Utilization Rate:
Predicted: 81.2%
Actual: 81.4%

The above Industrial Production numbers represent the month-to-month change in physical output from mining operations, utility plants and factories for the entire United States.

The Capacity Utilization Rate percentages represent the use of available resources at mining operations, utility plants and factories for the entire United States last month.

The "predicted" figures are what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Click here to view the full Federal Reserve report.

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