US January industrial production +0.9% vs +0.4% expected
Another strong US data point
The revision diminishes the report somewhat but overall it's another beat in US economic data.
- Prior was +1.6% (revised to +1.3%)
- Manufacturing production +1.0% vs +0.7% expected
- Prior manufacturing production +0.9%
- Capacity utilization 75.6% vs 74.9% prior