- Prior was +0.4% (revised to +0.1%)
- Manufacturing output -0.3% vs +0.1% exp (prior revised to +0.2% vs +0.5%)
- Capacity utilization 78.4% vs 78.4% exp
- Prior capacity utilization 78.4% (revised to 78.5%)
This should be a drag on GDP but it’s tough to extrapolate it to the larger economy, in part due to the problems at Boeing.
This article was written by Adam Button at www.forexlive.com.
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