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US February industrial production +0.1% vs 0.0% expected

US February industrial production +0.1% vs 0.0% expected
  • Prior was -0.1% (revised to -0.5%)
  • Manufacturing production +0.8% vs +0.3% expected
  • Manufacturing prior -0.5% (revised to -1.1%)
  • Capacity utilization 78.3% vs 78.5% expected

The revisions change the story here as those negative inputs are much larger than the positive beat.

This article was written by Adam Button at www.forexlive.com.

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