US industrial output remains unchanged in January

US industrial output remains unchanged in January

US industrial output remained unchanged in January 2005, following a 0.7% gain in December 2004, said the Federal Reserve today. The capacity utilization rate fell slightly to 79% in January 2005; it had been 79.1% in December 2004. Economists were expecting industrial production to rise 0.3% in January and for the capacity utilization rate to climb to 79.3%.