Industrial production was unchanged in January from December, according to the Federal Reserve System. Manufacturing output increased by 1% in January, and mining output rose by 2%. The output of utilities fell by 9.9% in January.
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Industrial production for January was at 103% of its 2017 average and up 0.8% from the prior year.
Capacity utilization rate declined by 0.1% in January to 78.3%.