May 2016 US industrial production and manufacturing output data report 15 June 2016
– Capacity utilisation 74.9% vs 75.2 exp. Prior 75.4% prior. Revised to 75.3%
Far from inspiring numbers. The Cap U continues to drop, it was 76.4% this time last year. Only the mining industry made a gain this month. It all makes last month’s gains a one off.