US Industrial Production m/m
It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
- US Industrial Production m/m Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 17, 2024 | -0.1% | 0.3% | -0.4% |
| Nov 15, 2024 | -0.3% | -0.3% | -0.5% |
| Oct 17, 2024 | -0.3% | -0.1% | 0.3% |
| Sep 17, 2024 | 0.8% | 0.2% | -0.9% |
| Aug 15, 2024 | -0.6% | -0.3% | 0.3% |
| Jul 17, 2024 | 0.6% | 0.3% | 0.9% |
| Jun 18, 2024 | 0.9% | 0.3% | 0.0% |
| May 16, 2024 | 0.0% | 0.1% | 0.1% |
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- US Industrial Production m/m News
From breakingthenews.net|Dec 17, 2024Industrial production in the United States decreased by 0.1% in November compared to the previous month and by 0.9% compared to the same period in 2023, the Federal Reserve's Board of Governors revealed in its report on Tuesday. Manufacturing output advanced by 0.2% in the reported month compared to October but declined by 1% year on year. Mining dropped by 0.9% on a monthly basis and by 1.3% on an annual basis. Utilities fell by 1.3% compared to the prior month and by 0.1% compared to the same period in the previous year. Capacity ...
From think.ing.com|Nov 15, 2024US retail sales rose 0.4% month-on-month in October, a touch higher than the consensus 0.3% MoM expectation while September’s growth rate was revised up to 0.8% from 0.4%. A big 1.6% MoM increase in autos was the main factor, but building materials (+0.5%) and restaurants and bars (+0.7%) both contributed strongly. The “control” group, which excludes volatile items (the three just listed plus gasoline) and has a better record of tracking broader consumer spending that includes services, was quite a bit weaker, falling 0.1% MoM versus ...
From breakingthenews.net|Nov 15, 2024Industrial production in the United States observed a monthly decline of 0.3% in October, the Federal Reserve's Board of Governors said in its report released on Friday. Manufacturing output decreased by .05% in October compared to the previous month and 0.3% year-over-year. Mining climbed by 0.3% month-on-month but dropped 1.5% on an annual basis. Utilities advanced by 0.7% compared to September and 1.5% compared to October 2023. Capacity utilization fell to 77.1%, which is 2.6 percentage points below its long-run average. On an ...
From floordaily.net|Oct 17, 2024Industrial production (IP) decreased 0.3% in September after advancing 0.3% in August, according to the Federal Reserve. A strike at a major producer of civilian aircraft held down total IP growth by an estimated 0.3% in September, and the effects of two hurricanes subtracted an estimated 0.3%. For the third quarter as a whole, industrial production declined at an annual rate of 0.6%. Manufacturing output moved down 0.4% in September, and the index for mining fell 0.6%. The index for utilities gained 0.7%. At 102.6% of its 2017 ...
From raymondjames.com|Sep 20, 2024After more than six months of indicating that it lacked conviction regarding the path of inflation, the Federal Reserve (Fed) seems to have gotten a conviction boost so large that it pushed it to lower the federal funds rate by 50 basis points at the September Federal Open Market Committee (FOMC) meeting. This garnered cheers from markets but also generated the first dissent from a member of the Federal Reserve Board of Governors since 2005, who preferred to start the easing cycle with a more moderate cut of 25 basis points. The FOMC ...
From zerohedge.com|Sep 17, 2024Hot retail sales print and better than expected Industrial production data are not exactly what the doves wanted to see ahead of tomorrow's big decision (25 or 50bps). Does this look like an economy that needs rate-cuts? chart To complicate things further for traders, NikiLeaks (WSJ's Nick Timiraos) said withholding a larger cut could raise awkward questions (and Goldman's trading desk reminded that going back to Bernanke, the Fed typically delivers close to what the market is pricing in)... which is currently around 42bps of cuts ...
From calculatedriskblog.com|Sep 17, 2024From the Fed: Industrial Production and Capacity Utilization In August, industrial production rose 0.8 percent after falling 0.9 percent in July. Similarly, the output of manufacturing increased 0.9 percent in August after decreasing 0.7 percent during the previous month. This pattern was due in part to a recovery in the index of motor vehicles and parts, which jumped nearly 10 percent in August after dropping roughly 9 percent in July. The index for manufacturing excluding motor vehicles and parts moved up 0.3 percent in August. The ...
From think.ing.com|Aug 15, 2024|2 commentsThe initial wave of today’s US data was quite a bit firmer than expected with retail sales rising 1% month-on-month versus the 0.4% consensus with the control group, which excludes some of the volatile items, seeing sales rise 0.3% MoM versus expectations of a 0.1% gain. There were some downward revisions to the history, but this is still a firmer-than-anticipated outcome. The headline figure was boosted by a 3.6% MoM jump in vehicle sales, but there was also decent strength in electronics (+1.6%), building materials (+0.9%), food & ...
| Released on Dec 17, 2024 |
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| Released on Nov 15, 2024 |
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| Released on Oct 17, 2024 |
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| Released on Sep 17, 2024 |
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| Released on Aug 15, 2024 |
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