May
16
Industrial production fell 0.7 percent and manufacturing output fell by 0.8 percent in the month of April. Factory output in April was held down by a large drop in the index for motor vehicles and parts; strikes and strike-related parts shortages resulted in suspended production at many facilities. The rate of capacity utilization for total industry declined 0.7 percentage point, to 79.7 percent, a level 1.3 percentage points below its average for 1972-2007.
Full data set: Industrial Capacity Utilization Data
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