Tainted Alpha

U.S. industrial production rose 0.2% in August. The consensus was at 0.2%, July revised (from +1.0) reading at 0.6%.

Chart 1. U.S. Industrial Production

Source: FED

Capacity utilization rose to 74.7% in August vs. 74.6% in July (revised from 74.8%) and consensus of 75.0%.

Chart 2. Capacity Utilization

Source: FED

Same as with Empire State Manufacturing Survey earlier today, below consensus, and weakening.

Industrial Production, U.S. Capacity Utilization Rate

This entry was posted on Wednesday, September 15th, 2010 at 8:13 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.