Continuum Economics
  • Search
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
  • Calendar
  • Forecasts
  • Events
  • Data
  • Newsletters
  • My Alerts
  • Community
  • Directory
  • About Us
  • Buy
  • Invite A Friend
  • My Basket
  • Articles
    • All
    • Thematic
    • Tactical
    • Asia
    • EMEA
    • Americas
    • Newsletters
    • Freemium
    • Editor's Choice
    • Most Viewed
    • Most Shared
    • Most Liked
  • Calendar
    • Interactive
      • China
      • United States
      • Eurozone
      • United Kingdom
    • Month Ahead
    • Reviews
    • Previews
  • Forecasts
    • Forecasts
    • Key Views
  • Events
    • Media
    • Conference Calls
  • Data
    • Country Insights
    • Shadow Credit Ratings
    • Full CI Data Download
  • Newsletters
  • My Alerts
  • Community
    • FX
    • Fixed Income
    • Macro Strategy
    • Credit Markets
    • Equities
    • Commodities
    • Precious Metals
    • Renewables
  • Directory
  • My Account
  • Notifications Setup
  • Account Details
  • Recent Devices
  • Distribution Lists
  • Shared Free Trials
  • Saved Articles
  • Shared Alerts
  • My Posts
Published: 2024-01-17T14:28:25.000Z

U.S. December Industrial Production - Underlying picture marginally negative

byDave Sloan

Senior Economist , North America
-

December industrial production with a 0.1% increase is marginally stronger than expected though the surprise is offset by modest negative back month revisions. The data saw support from continued recovery in autos from October’s strikes.

Industrial prediction and manufacturing both increased by 0.1% but ex autos industrial production was unchanged and manufacturing fell by 0.1%, a third straight decline. This suggest a marginally negative underlying trend even if quarterly weakness is exaggerated by October’s auto strikes.

Mining increased by 0.9%, a first rise in three months but utilities fell by 1.0%, a fourth straight decline. Colder weather may bring a bounce in utilities in January.
 

Continue to read the article for free
Login

or

or

Topics
Data
Foreign Exchange

GENERAL

  • Home
  • About Us
  • Our Team
  • Careers

LEGAL

  • Terms and Conditions
  • Privacy Policy
  • Compliance
  • GDPR

GET IN TOUCH

  • Contact Us
Continuum Economics
The Technical Analyst Awards Winner 2021
The Technical Analyst Awards Finalist 2020
image