1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

US industrial production fell for second month in a row

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Official data released in the US today showed industrial production fell for the second month in a row due to sharp decline in mining activity.

    March industrial production fell -0.6% compared to an expected drop of 0.1%. February figure was revised down slightly to -0.6% from -0.5%. Mining activity fell 2.9% while Utilities declined 1.2%. Manufacturing also declined 0.3% with durables down 0.4%. Capacity utilization fell 0.5% in March to 74.8%, from 75.3% in Feb.
    For more information, read our latest forex news.
     

Share This Page