The U.S. industrial production data for the month of August were published just a few minutes ago. Surprisingly, the data came in below market expectations as the gauge rose 0.4% MoM (previously: 3.0%). Below we present the exact figures:
-
Industrial Production in August: 0.4% MoM (vs expected: 1.0% MoM)
Contrary to disappointing industrial production data, the NY Empire State Manufacturing Index (published just 30 minutes earlier) did surprisingly well. The index rose in September to 17.0 pts while markets anticipated that it would amount to 6.80 pts. Shortly after the release S&P 500 futures caught a bid and added some gains.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
U.S. industrial production rose for the fourth consecutive month. Source: Macrobond, XTB Research
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
