• Prior 0.7%. Revised to +0.9%
  • Manufacturing output -0.4% vs +0.3% exp. Prior +0.5% revised to +0.7%
  • Capacity utilisation 78.6% vs 79.2% exp. Prior 79.2% revised to 79.3%

Ouch!

Durables and Non durables and utilities the big fallers

US industrial production details 15 05 2014

US industrial production details 15 05 2014

Capacity utilisation drops slightly but it has been putting in a good shift rising so we can cut it some slack, if you pardon the pun.

Still, industrial output has fallen to the lowest since August 2012

US industrial production mm 15 05 2014

US industrial production mm 15 05 2014

USD/JPY sheds around 10 pips 101.87