FXstreet.com (Barcelona) - Industrial production has decreased in the United States in February in a larger than expected extent, weighed by a decline in the output of utilities, capacity utilization has dropped aswell, according to data released by the Federal Reserve.
In February, industrial production has declined 0.5%, instead of the 0.1% decline advanced by the analysts, this decline has been, partly, due to the 3.7% drop in the output of utilities. Output of the manufacturing sector has declined 0.2%, while mining output increased 0.4%.
Compared to February 2007, industrial output has increased 1.0%.
The capacity utilization rate for total industry has fallen 0.6% to 80.9, el porcentaje mÃƒÂ¡s bajo desde Noviembre de 2005.