Industrial Production November Report

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Board of Governors of the Federal Reserve System released their industrial production and capacity utilization report for November 2014 today.

Industrial production increased 1.3 percent in November after edging up in October; output is now reported to have risen at a faster pace over the period from June through October than previously published.

“The Fed report illustrates the ability of the world’s largest economy to remain insulated, for now, against the softening economic picture facing other industrialized regions around the world,” Andrew Wilkinson, chief market analyst at Interactive Brokers, said in a note to clients.