US June 2019 industrial production data:
- Prior was +0.4%
- Manufacturing production +0.4% vs 0.3% expected
- Prior manufacturing production +0.2%
- Capacity utilization 77.9% vs 78.1% expected
This is a modest disappointment but close to expectations. The miss was all about utilities as they fell 3.6% on milder temperatures. That's not anything that's going to disrupt the underlying economy.
