Industrial Production in November Ahead of Expectations

Headline Alert

Economic Update: Industrial Production and Capacity Utilization

November Industrial Production came in above expectations at +0.8% vs. the consensus for a reading of +0.5%.

The October reading was revised down to unchanged from a gain of +0.1%.

Capacity Utilization was reported at 71.3%, which was slightly above expectations for 71.1.

The October reading was revised to 70.6% from 70.7%

 

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