US July industrial manufacturing -0.6% vs -0.3% anticipated

US July industrial manufacturing -0.6% vs -0.3% anticipated
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  • Prior was +0.6% (revised to +0.3%)
  • Manufacturing output -0.3% vs -0.2% anticipated
  • Prior manufacturing output +0.4% (revised to 0.0%)
  • Capability utilization 77.8% vs 78.5% anticipated (78.8% prior)

That is on the cool facet and mixed with the Philly Fed in the present day raises some questions in regards to the industrial facet of the financial system, although I am reminded that hurricane results might be behind the July drop.

This text was written by Adam Button at www.forexlive.com.



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