Industrial production rises in February

Industrial production climbed 0.71 percent in February, according to the Federal Reserve's monthly read of industrial production and capacity utilization.

By SoldAtTheTop,?Guest blogger / March 15, 2013

The Federal Reserve released their monthly read of industrial production and capacity utilization Friday, showing a notable increase in February with total industrial production climbing 0.71 percent since January.

SoldAtTheTop

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Today, the?Federal Reserve?released their?monthly read of industrial production and capacity utilization?showing a notable increase in February with total industrial production?climbing 0.71% since January and rising 2.52% above the level seen in February 2012.?

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Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

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Capacity utilization also?rise climbing 0.55% from January rising 0.83% above the level seen in February of 2012 to stand at 79.63%?

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.?

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/DsphMBeY9LE/Industrial-production-rises-in-February

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