Details of the March 2019 US industrial production report
- Prior was 0.0% (revised to +0.1%)
- Manufacturing production 0.0% vs +0.1% expected
- Prior manufacturing production -0.4% (revised to -0.3%)
- Capacity utilization 78.8% vs 79.2% expected
This is a small miss but not likely enough to move anything in the market.
Here's the industrial production chart with a three-month moving average. It's not a great picture:
