December 5, 2022

Forex Solution

Learn To Trade Forex

US April industrial production +0.7% m/m vs +1.0% expected

1 min read

April US industrial production data

  • Prior was +1.4% (revised to +2.4%)
  • Capacity utilization 74.9% vs 75.0% expected
  • Manufacturing production +0.4% vs +0.3% expected

The revision is a big story here. When you factor that in, the overall level of production is higher than anticipated. This is a good report.

Invest in yourself. See our forex education hub.

Source link

Copyright © All rights reserved. | Newsphere by AF themes.