US April industrial production -0.5% vs 0.0% expected

Author: Adam Button | Category: News

April US industrial production

  • Prior was -0.1% (revised to +0.2%)
  • Manufacturing production -0.5%
  • Prior manufacturing production 0.0% (unrevised)
  • Capacity utilization 77.9% vs 78.7% expected
  • Prior utilization 78.5%
The revision makes the headline less damaging but it's not a great look for the economy and is compounded by the soft retail sales number earlier today. Later we homebuilder sentiment and business inventories.

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose