US industrial production slightly below expectations

Total industrial production in the US rose 0.4% in August, easing from 0.9% growth in July and missing market consensus of a 0.5 % advance. Late-month shutdowns related to Hurricane Ida held down the gain in industrial production by an estimated 0.3% point. Although the hurricane forced plant closures for petrochemicals, plastic resins, and petroleum refining, overall manufacturing output rose 0.2%. Mining production fell 0.6%, reflecting hurricane-induced disruptions to oil and gas extraction in the Gulf of Mexico. The output of utilities increased 3.3%, as unseasonably warm temperatures boosted demand for air conditioning.

EURUSD bounced off the 50 SMA (green line) after today's data releases and is heading towards next resistance level at 1.1825. Source:xStation5

2 October 2026, 6:40 PM

Daily Summary: US100 Hits New Highs on Weak NFP 🚨

2 October 2026, 1:32 PM

BREAKING: US NFP data surprises to the downside; USD dips🔥

2 October 2026, 12:35 PM

🟡Gold takes a breath, because of oil, not NFP

2 October 2026, 10:05 AM

BREAKING: Eurozone flash CPI higher than expected, euro reacts

Economic reports

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