IP data is part of the activity data release for the month

For August up 4.4% y/y

  • vs. expected of 5.2% and previous 4.8%

YTD is +5.6% y/y

  • expected 5.8%, prior also 5.8%

Growth for this economic indicator comes in at its slowest in 17.5 years.

I'll have more on this in a summary post