17 January 2001, 17:31 U.S. Dec industrial capacity in use 80.6 pct vs revised 81.4 in Nov
WASHINGTON (AFX) - U.S. industry operated at 80.6 pct of capacity
in December, the Federal Reserve said. This is the lowest since Oct
1992.
The rate was lower than expected. The consensus forecast of Wall
Street economists was for a capacity in use rate of 80.8 pct in
December.
In November, industrial capacity in use was a revised 81.4 pct,
down from the initial estimate of 81.6 pct.
On a year-on-year basis, industrial capacity rose 4.6 pct.
The manufacturing industry operated at 79.1 pct of capacity in
December, down from 80.3 pct in November.
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