WASHINGTON, Dec. 15 (UPI) -- U.S. industrial production rose 0.8 percent in November with manufacturing production up 1.1 percent, the Federal Reserve said Tuesday.
Production returned to making gains after falling flat in October after rising in the three previous months. From July through September, production gained, on average, 0.9 percent.
Output from mines rose 2.1 percent after dropping 0.2 percent a month ago. Going the opposite direction, output from utility companies dropped 1.8 percent after rising 1.6 percent in October.
Taking a long view, production in November was 99.4 percent of its average for 2002 and 5.1 percent below November of 2008.
In November, capacity utilization -- output compared with production at full capacity -- rose 0.7 percent points to 71.3 percent, which is 9.6 percentage points below its 1972 through 2008 average, the Fed said.
