US August industrial production +0.4% vs +0.3% expected

Author: Adam Button | Category: News

US August 2018 industrial production

  • Prior industrial production +0.1% (revised to +0.4%)
  • Production +4.9% y/y
  • Capacity utilization 78.1% vs 78.2% exp
  • Manufacturing production +0.2% vs +0.3% exp
Solid numbers with a positive revision. Expect to see higher revisions to Q3 GDP forecasts due to this and softer CPI.
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