US industrial production for April 0.7% versus 0.3% estimate

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  • Industrial production prior month -0.5% revised to -0.3%
  • Capacity utilization prior month 75.7
  • Manufacturing production last month -0.1% revised to +0.1%

For April:

  • Industrial production 0.7% versus 0.3% expected. Year on Year industrial production is up 1.4%
  • capacity utilization 76.1% versus 75.8% estimate. The index a year ago was at 76.1% as well.
  • manufacturing output 0.6% versus 0.2% estimate. Year on Year the manufacturing output is up 1.3%, led by utilities which are up 2.7%

Not surprising, utilities are helping with demand for AI increasing.

Looking at the major market groups:

  • Final Products
    • MoM: +1.1% vs -0.6% last month. Higher
    • YoY: +1.4%
  • Consumer Goods
    • MoM: +0.9% versus -0.8% last month. Higher
    • YoY: -0.2%
  • Business Equipment
    • MoM: +1.5% versus -0.1% last month. Higher
    • YoY: +6.0%
  • Nonindustrial Supplies
    • MoM: +0.2% versus +0.5% last month. Lower
    • YoY: +1.5%
  • Construction
    • MoM: 0.0% versus +0.9% last month. Lower
    • YoY: +1.2%
  • Materials
    • MoM: +0.5% versus -0.4% last month. Higher
    • YoY: +1.2%

This article was written by Greg Michalowski at investinglive.com.

最近のFX関連情報ニュース

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