However, the 1.3% increase is month over month, so the October result just reflects a return to more normal operations affected in September by hurricanes Gustov and Ike in the Gulf of Mexico and the Boeing strike.
Excluding these special factors, total industrial production is estimated to have fallen around 2/3 percent in both September and October.
At 107.3 percent of its 2002 average, total industrial production in October was 4.1 percent below its level of a year earlier. The capacity utilization rate for total industry rose to 76.4 percent in October, a level 4.6 percentage points below its average level from 1972 to 2007.Hardest hit, construction supplies (-7.0%) and business equipment (-8.0%)
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