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US industrial production for December 0.9% versus 0.3% expected

by Investor News Today
January 17, 2025
in Investing
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US industrial production for December 0.9% versus 0.3% expected
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  • Prior month US industrial manufacturing -0.1%. Revised to +0.2%
  • US industrial manufacturing 0.9% versus 0.3% anticipated
  • Prior capability utilization 76.8%. Revised increased 277.0%
  • Capability realization for December 77.6% versus 77.0% anticipated. Greatest since August of 2024
  • Manufacturing output MoM 0.6% versus 0.2% estimate. Prior month revised increased to 0.4% from 0.2%

good knowledge for the month and revisions had been additionally higher than expectations.

Bear in mind earlier this week the Philadelphia manufacturing index got here in a lot stronger than expectations. This may increasingly have been a prelude to that survey knowledge

This text was written by Greg Michalowski at www.forexlive.com.



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