Wednesday , 18 December 2024
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US November industrial production -0.1% vs +0.3% expected

  • Prior was -0.3% (revised down to -0.4%)
  • Capacity utilization 76.8% vs 77.3% expected
  • Manufacturing output +0.2% vs +0.5% expected
  • Prior output -0.5% (revised to -0.7%)

This is three months in a row of declining output.

The long end is picking up and has released the earlier selloff.

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

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