Economic growth number is anemic

Several sectors of the economy experience minimal growth.
FEB 15, 2008
Industrial output from factories, mines and utilities sectors grew 0.1% in January, although manufacturing output and manufacturing capacity utilization were unchanged, according to a Federal Reserve report. Output in the manufacturing sector was unchanged in January, reflecting lower output of motor vehicles and parts that offset a small net gain in other categories. The output of utilities rose 2.2%, while the output of mines fell 1.8%. The rate of capacity utilization in January was unchanged, at 81.5%, which is 0.4% point above its year-ago level.

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