**MNI 5 THINGS: US October IP Up 0.1% As 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 October released 

by the Federal Reserve Friday: 

     - Industrial production increased by 0.1% in October as expected, 

after a downward revision to September and an upward revision to August. 

Outside of the decrease in motor vehicle production, industrial 

production would have been up 0.3%. 

     - Manufacturing production rose 0.3% in the month despite a 2.8% 

decrease in motor vehicles and parts production, reflecting disruption 

to production during the hurricane season. Outside of motor vehicles and 

parts, it was up 0.5%.  

     - Utilities production was down 0.5%, with the mix showing a 1.9% 

decrease in electricity production and an 8.6% increase in natural gas 

production. 

     - Mining production posted a decrease of 0.3% in October, following 

a downward revision to the September number from a 0.5% increase to a 

0.1% decrease.  

     - Capacity utilization came in at 78.4%, above the 78.1% expected. 

This followed an upward revision from 78.1% in September. Manufacturing 

capacity utilization rose by 0.1pp to 76.2%. 

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

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