Industrial Production Flat in January

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U.S. industrial production was flat in January, although manufacturing output remained healthy, a government report showed on Wednesday.


Capacity utilization fell to 79.0 percent from 79.1 percent in December. Wall Street had expected a stronger 79.4 percent capacity use rate in January.


Manufacturing output, the largest component of industrial production, rose 0.4 percent in January, consistent with its December reading.


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