The industrial production index numbers are out and it ain't pretty, a 1.1% decline in May with a Q1 decrease of 1.6% and a 13.4% decrease for the year. Capacity is at a whopping 68%, an all time low. Even during the 1982 recession the low was 70% for industrial capacity utilization.
Construction is the worst of the lot, as to be expected with the burst of the housing bubble, at 21.5% for the yearly drop.
More tables and data at the Federal Reserve. Click on graphs to zoom.
Around the globe
Russia's industrial production dropped 17% in May, 2009. Remember, this is just one month!
Euro-Zone dropped a record 21.6% for the year.
China (of course), reports a 8.9% increase for May.