Industrial Production And Capacity Utilization: April 2016

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Includes: AIRR, FIDU, FXR, IYJ, RGI, SIJ, UXI, VIS, XLI
by: Sold At The Top

The Federal Reserve released their monthly read of industrial production and capacity utilization showing improving results in April, with total industrial production increasing 0.66% from March, but falling 1.07% below the level seen in April 2015.

Capacity utilization also improved, rising 0.64% from March, but declined 2.04% below the level seen in April 2015 to stand at 75.381%.

It's important to note that industrial production is still showing significant weakness, which, if all past periods were to serve at least as a rough guide, now clearly indicates notable trouble for the macro-economy.

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