- Prior -0.7% revised to -0.4%
- 2.1% vs 1.9% exp y/y. Prior 0.5% revised to 1.2%
Down on the month, up on the year and a fairly substantial revision to the yearly also.
EZ industrial production 12 03 2014
A nice turn around in Capital and Durable goods on the year in both the 18 & 28 states but weakness still in energy and non durables.
I’m not a big fan of data points which swing around so much and as you can see from the chart the monthly numbers are not really something you can hang your hat on. On a yearly basis it looks like growth is continuing to pick up.
EZ industrial production 12 03 2014
