Global Macro Perspectives
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 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 Same as with Empire State Manufacturing Survey earlier today, below […]
U.S. industrial production rose 1.0% in July. The consensus was at 0.5%, June revised reading at -0.1%. Capacity utilization rose to 74.8% in July vs. 74.1% in June and consensus of 74.6%. Chart 1. U.S. Industrial Production and Capacity Utilization
U.S. industrial production rose 0.1% in June. The consensus was at -0.2%, May reading at 1.2%. Capacity utilization fell, for the first time since the recovery started, to 74.1% in May it was at 74.7%; the consensus was at 74.0%. Chart 1. U.S. Industrial Production and Capacity Utilization
U.S. industrial production rose 1.2% in May. The consensus was at 0.9%, April reading at 0.8%. Capacity utilization rose from 73.7% in April to 74.7%; the consensus was at 74.5%. Main contributors to growth were automakers and utilities. Chart 1. U.S. Industrial Production and Capacity Utilization
I was away from the computer and away from the markets, so let me recap most important developments. MBA purchase applications were up 0.8% vs. 3.6% the week before. Retail sales in December disappointed coming out at -0.3% vs. 0.4% consensus and 1.3% in November. Initial jobless claims edged up reaching 444.000 vs. 437.000 consensus […]
Industrial production rose 0.8% in November vs. 0.6% consensus and 0.1% rise in October. Capacity utilization was at 71.3% in November vs. 71.2% consensus and 70.7% level in October. So, moderate surprise to the upside. Producer prices rose 1.8% on a monthly level and 2.7% on a year level. If we take food and energy […]