According to a report released February 15 by the Federal Reserve, industrial output declined slightly in January by 0.1 percent, after rising 1.4 percent in November and 0.4 percent in December. The unexpected decline was driven largely by a 3.2 percent drop in auto and auto parts production. Manufacturing output decreased by 0.4 percent overall and mine production decreased by 1.0 percent. However, industrial output is up 2.1 percent compared to January 2012, indicating that industrial production is expanding overall, but at a slower rate than when the U.S. first exited the recession.

Link: News Release