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Industrial production decreased 0.5 percent in April after having fallen 1.7 
percent in March. Production in manufacturing declined 0.3 percent in April 
and was 16.0 percent below its recent peak in December 2007. The decreases 
in manufacturing in April remained broadly based across industries. Outside 
of manufacturing, the output of mines fell 3.2 percent, as oil and gas field 
drilling and support activities continued to drop. The output of utilities 
moved up 0.4 percent. At 97.1 percent of its 2002 average, industrial output 
in April was 12.5 percent below its year-earlier level. The capacity 
utilization rate for total industry fell further in April, to 69.1 percent, 
a low over the history of this series, which begins in 1967.

http://www.federalreserve.gov/releases/g17/current/