The Federal Reserve's Factory Production report shows a measly 0.2% increase for June 2011 Industrial Production.
May was revised downward to -0.1%.
Manufacturing industrial production flat lined with no change and Japan supply disruptions are to blame according to the Fed.
Autos & Parts dropped -2.0% in June.
Industrial production is still down -6.9% from pre-recession levels, in other words going on 4 years, even while up 3.4% from June 2010. Here is the Federal Reserve's detailed report.
Source(s): Board of Governors of the Federal Reserve System
Release: G.17 Industrial Production and Capacity Utilization
Units: Index 2007=100
Frequency: Monthly
Original content Bob DeMarco, Look Beyond the Obvious