**MNI 5 THINGS: US November IP Up 0.6% Vs +0.5% Expected>

--5 Things We Learned From October Industrial Production Data

By Shikha Dave and Harrison Clarke

     WASHINGTON (MNI) - The following are the key points from the 

Industrial Production and Capacity Utilization data for November 

released by the Federal Reserve Friday: 

     - Industrial production increased 0.6% in November vs a 0.5% gain 

expected, after a downward revision to October and a slight downward 

revision to September. Outside of the increase in motor vehicle 

production, industrial production still would have been up 0.6%. 

     - Manufacturing production was flat in the month despite a 0.3% 

increase in motor vehicles and parts production. Outside of motor 

vehicles and parts, it was still flat.  

     - Utilities production was up 3.3%, with the mix showing a 2.6% 

increase in electricity production and a 7.1% increase in natural gas 

production. 

     - Mining production posted an increase of 1.7% in November, 

following a downward revision to the October number from a 0.3% 

decrease to a 0.7% decrease.  

     - Capacity utilization came in at 78.5%, below the 78.7% expected. 

This followed a downward revision from 78.4% in October. Manufacturing 

capacity utilization fell by 0.1pp to 75.7%. 

     ** MNI Washington Bureau: 202-371-2121 ** 

[TOPICS: MAUDS$,M$U$$$,MAUDR$]