US industrial production m/m
- Prior was +0.7% (revised to +0.8%)
- Industrial production y/y +1.34% vs +1.44% prior
- Ex cars/parts -0.4% vs +0.4% prior
- Capacity utilization 77.8% vs 78.0% expected
- Manufacturing output +0.3% vs +0.3% expected
This is a setback and comes despite a another strong month for auto manufacturing. That runs against the downbeat commentary from automakers.
