US September industrial production -1.3% vs +0.2% expected

US September industrial production data

• Prior was +0.4%
• Capacity utilization 75.2% vs 76.5% expected
• Prior capacity utilization was 76.4%
• Manufacturing production -0.7% vs +0.2% expected
  

This isn't often a market mover but this is a fairly big miss, likely pointing to supply chain problems slowing output. 

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October 19, 2021 at 01:15AM
Adam Button
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