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US August industrial production +0.8% vs +0.2% expected

돈되는 정보

  • Prior was -0.6% (revised to -0.9%)
  • Capacity utilization 78.0% vs 77.9% expected
  • Prior utilization 77.8% (revised to 77.4%)
  • Manufacturing output +0.9% vs +0.3% expected
  • Prior manufacturing output -0.3% (revised to -0.7%)

The negative revisions take some of the shine off this report but it’s still a a good one. In July, Hurricane Beryl likely depressed production and this is the rebound but smoothing it over, you’re left with a healthy number.

Speaking of hurricanes, the Atlantic is looking quiet at the moment and we’re at the peak of hurricane season.

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