Report
October 2014 Industrial Production
posted by Michael Lewis on November 17, 2014
Found in US, categorized in Growth Outlook and Business Cycle
Report Cover
Headline
Computers & peripherals, a key series used in calculating GDP equipment spending fell 0 5% last month. Even so the October level was nicely above the 14Q3 average, which bodes well for 14Q4. Mfg capacity utilization held at 78%.
Abstract
Industrial production fell -0.1% (-0.2% w/revisions) in October; the consensus expected +0.2%. The disappointment was centered in utilities and mining.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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