U.S. Industrial Output & production

This graph shows a very sharp decline in industrial output, and industrial production is a key to the depth of the economic slowdown. Up until recently export growth had been strong, and the decline in industrial production had been mild. Now, with the global economy slowing sharply, industrial production and capacity utilization are falling off a cliff. Also the significant decline in capacity utilization suggests less investment in non-residential structures for some time.

US Industrial Production