RSS US industrial production for December 0.9% versus 0.3% expected

[Crax Bot]

• Prior month US industrial production -0.1%. Revised to +0.2%
• US industrial production 0.9% versus 0.3% expected
• Prior capacity utilization 76.8%. Revised higher 277.0%
• Capacity realization for December 77.6% versus 77.0% expected. Best since August of 2024
• Manufacturing output MoM 0.6% versus 0.2% estimate. Prior month revised higher to 0.4% from 0.2%

good data for the month and revisions were also better than expectations.

Remember earlier this week the Philadelphia manufacturing index came in much stronger than expectations. This may have been a prelude to that survey data

This article was written by Greg Michalowski at www.forexlive.com.

Click to read more...