Author Topic: Industrial production surges in October, tops forecast  (Read 761 times)

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Offline endicom

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Industrial production surges in October, tops forecast
« on: November 16, 2017, 02:37:37 pm »
Market Watch
Steve Goldstein
Nov. 16, 2017

Excluding the impact of the hurricanes, industrial production rose 0.3% in October

 The numbers: Industrial production in October jumped 0.9%, the Federal Reserve reported Thursday. Economists polled by MarketWatch had forecasted a 0.6% gain.

There also were upward revisions to July, August and September readings.

Capacity utilization rose to 77% from 76.4% in September, compared to the 76.3% reading that economists forecasted.

More... https://www.marketwatch.com/story/industrial-production-surges-in-october-tops-forecast-2017-11-16