USA, industrial production and manufacturing in August above expectations

USA industrial production and manufacturing in August above

(Finance) – Better than expected industrial production in the United States which, in the month of August, recorded a positive change of 0.4% on a monthly basis, after the +0.7% of the previous month and compared to the +0.1% expected by analysts.

On an annual basis there is now an increase of 0.2% compared to -0.04% of the consensus.

There manufacturing production recorded an increase of 0.1%, in line with consensus expectations, which compares with +0.4% in July (data revised from a preliminary of -0.5%).

In the same period the capacity of use relating to all industrial sectors it rose to 79.7%, higher than analysts’ estimates (79.3%) from the previous 79.5%.

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