(CercleFinance.com) – Industrial production contracted by 0.1% in the United States in December, affected in particular by milder weather than expected, show figures released Friday by the Federal Reserve.
Industrial production fell 0.1% last month after posting gains of 1.2% in October and then 0.7% in November, the Fed announced.
The production of companies resulting from utilities (‘utilities’) notably contracted by 1.5%, weighed down by milder temperatures than expected at the end of the year.
Manufacturing production for its part fell by 0.3%, affected in particular by a drop in production rates in the automobile industry.
The capacity utilization rate reached 76.5% for the whole industry in December, against 76.6% the previous month.
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