Read full post at forexlive.com
Other details
Negative revisions and lower-than-expected industrial production and capacity utilization run counter to the earlier data. However, A strike at a major producer of civilian aircraft (Boeiing) held down total IP growth by an estimated 0.3 percent in September, and the effects of two hurricanes subtracted an estimated 0.3 percent. Take out those negatives and the data is not as bad as the first look.
This article was written by Greg Michalowski at www.forexlive.com.
Leave a Reply