Industrial Production and Capacity Utilization

The Federal Reserve Statistical Release G.17 or Industrial Production and Capacity Utilization is a measure of the changes in production output for utilities, manufacturing, and mining, and the extent that this production is being used.  The Production divided by the Capacity gives you the Capacity Utilization rate.  If manufacturers are running above 85% Capacity Utilization Rate, this can be a sign of inflation.  This report has a MODEST impact on the market and is released around the 15th of the month.