untitled design

Industrial production surprises with a fall of 0.6% in September

Industrial production in the United States surprised with a decrease of 0.6% in September compared to the expected increase of 0.5%. In August, the indicator rose for the fifth consecutive month at a rate of 0.4%. This is the first drop seen since April.

The Utilization capacity has also decreased in September, standing at 71.5% from the previous 72%, without reaching the expected 71.9%.

Credits: Forex Street

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular