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.