Total industrial production decreased -0.2% in November 2022 but remained 2.5% above its prior-year level, according to the Federal Reserve.
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Manufacturing output and mining fell -0.6% and -0.7%, respectively. After three months of decline, utilities grew by 3.6%.
Capacity utilization declined 0.2% in November to 79.7%, a rate 0.1% above its long-run (1972-2021) average.
