Details from the August 2015 US industrial production data report 15 September 2015
- Prior +0.6%. Revised to 0.9%
- Manufacturing -0.5% vs -0.3% exp. Prior +0.8%
- Capacity utilisation 77.6% vs 77.8% exp. Prior 78.0%
IP would have been flat if autos hadn't dropped 6.4%
The miss is being seen as a one off due to the drop in motors and USDJPY is running up to test 120.00
US industrial production m/m