U.S. industrial output unchanged, utilities weigh

U.S. industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday. Economists polled by Reuters had forecast industrial production rising 0.2 percent in October. Officials at the Fed tend to look at capacity use as a signal of how much "slack" there is in the economy and how much room there is for growth to accelerate before it becomes inflationary.