Friday, November 16, 2012

US Data -Industrial Production

Today is very light on US (and EU) macro-economic data, with Industrial Production at 9:15 and Dennis Lockhart speaking at 4:20 pm and that's about it.

IP looked like this-so far there's not much of a response from the market...
Released On 11/16/2012 9:15:00 AM For Oct, 2012
PriorConsensusConsensus RangeActual
Production - M/M change0.4 %0.2 %-0.1 % to 0.5 %-0.4 %
Capacity Utilization Rate - Level78.3 %78.4 %78.1 % to 78.5 %77.8 %
Manufacturing - M/M0.2 %0.3 %0.1 % to 0.5 %-0.9 %

IP obviously missed with Cap Utilization also missing and Manufacturing month to month. Again no real reaction from the futures market.

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