US: Industrial Production rises by 0.6% in July vs. 0.3% expected – by eren_fxstreet IndustrialProduction Macroeconomics UnitedStates
better than the market expectation for an expansion of 0.3%. In the same period, Manufacturing Production increased by 0.7% after having contracted by 0.4% in each of the previous two months.
"Capacity utilization moved up 0.4 percentage point in July to 80.3%, a rate that is 0.7 percentage point above its long-run average," the publication further read.These figures don't seem to be having a significant impact on the dollar's performance against its rivals. As of writing,Information on these pages contains forward-looking statements that involve risks and uncertainties.
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