- Prior -2.0%; revised to -1.5%
The breakdown for the month shows a decline in the production for energy (-1.9%), durable consumer goods (-1.8%), and non-durable consumer goods (-2.3%). That was offset by a rise in production for capital goods (+1.7%). Meanwhile, the production for intermediate goods was flat on the month.
This article was written by Justin Low at www.forexlive.com.