Federal Reserve reported Friday on the reduction of the capacity utilization, which measures the amount of a plant that is in use. The decline totaled to 79.1% in January from a four-year-high of 79.3% in December.
Utility output rebounded 3.5% after falling 4.5% the prior month.
Accordint to the Federal Reserve report the industrial production in the U.S. unexpectedly shrank in January after the biggest gain in 3 decades. Output at factories, mines and utilities fell 0.1% in January after a 0.4% boost in December.
The output of autos and parts fell sharply 3.2% after a 2.9% gain at the end of 2012. Excluding autos and parts, manufacturing production decreased 0.1% after growth 0.9% and 1.3% previous two months.