US May industrial production +0.4% vs +0.2% expected

Author: Adam Button | Category: News

Industrial production data

  • Prior was -0.5% (revised to -0.4%)
  • Manufacturing production +0.2% vs +0.1% expected
  • Prior manufacturing production -0.5% (unrevised)
  • Capacity utilization 78.1% vs 78.0% exp
This is a solid data point with a slight upward revision. It's another reason the Fed might look to play it a bit closer to the middle of the road next week.

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