Industrial production data

  • Prior was -0.9% (revised to -0.7%)
  • Capacity utilization 76.0% vs 76.2% expected
  • Manufacturing production +0.1% vs +0.2% expected
  • Prior manufacturing production -0.3%
  • Ex-cars and parts +0.3% vs -1.0% prior

The Fed said hurricanes Irma and Harvey cut September production by 0.25 percentage points.

Here was a preview of the data from Nomura.

There was no reaction from the market.