Industrial production was unchanged for the second month running in March, the Federal Reserve said Tuesday. Economists polled by MarketWatch had forecast a 0.3% gain. While utilities output gained 1.5%, manufacturing output slipped 0.2% while mining output rose 0.2%. Capacity utilization ticked down to 78.6% from an upwardly revised 78.7%; economists had forecast a utilization rate of 78.4%. During the first quarter, industrial production rose at a annualized rate of 5.4%. (full story)