US industrial production capacity utilization for November 2019

  • Industrial production or 1.1% versus 0.8% estimate. Prior month -0.9% versus -0.8% previously reported
  • Manufacturing production 1.1% versus 0.9% estimate. Prior month revised to -0.7% from -0.6% previously reported
  • Capacity utilization 77.3% versus 77.4% estimate. Prior month revised lower to 76.6% from 76.7%
  • Mining output -0.2% versus -0.8% in October
  • utilities output +2.9% in November versus -2.4% in October
  • industrial output ex auto's/parts +0.5% versus -0.6% in October
  • motor vehicle assembly rate rose to 11.41 million units per year from October 9 .51 million units per year
  • The 1.1% gain was the largest since October 2017
Industrial production spiked back higher after the fall last month

The data has had a sharp bounce back from the sharp fall last month. The auto data seems to be a contributing influence off of the GM strike.