Highlights of the March 2016 US industrial production data report 15 April 2016
– Manufacturing output -0.3% vs 0.1% exp m/m. Prior 0.1%. Revised to -0.1%
– Capacity utilisation 74.8% vs 75.4% exp. Prior 75.4%. Revised to 75.3%
This goes somewhat against the trend seen in March for manufacturing. Mining once again looks to be the main culprit, with motor vehicles not too far behind.US industrial and manufacturing output details