US Industrial Production Surges In June
Sommario：US Industrial production rose significantly more than expected in June (+0.3% MoM vs +0.1% MoM exp)
US Industrial production rose significantly more than expected in June (+0.3% MoM vs +0.1% MoM exp) with May's 0.2% MoM decline revised up to unchanged. This left Industrial production up 0.73% YoY...
Source: Bloomberg
Drilling down, we see Manufacturing output also jump in June (+0.1% vs 0.0% exp), lifting the YoY growth to +0.8%...
Source: Bloomberg
Additionally, Capacity Utilization ticked up very modestlybut remains in a downtrend...
Source: Bloomberg
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