US March industrial production +0.4% versus 0.4% expected ...Middle East

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Prior month 0.1% revised to 0.4%Industrial production 0.4% versus 0.4% expected. Largest increase sense August 2023Capacity utilization 78.4% versus 78.5% expectedPrior month capacity utilization 78.3% revised lower to 78.2%.Manufacturing output for March 0.5% versus 0.3% expected. Prior month revised higher to 1.2% from 0.8% previously reported.Looking at the capacity utilization chart below, rates remain high but near the lower end of the recent range over the last few years.Notes from the Fed:Industrial production increased by 0.4% in March, though it saw a decline of 1.8% at an annual rate for the first quarter.Manufacturing output rose by 0.5% in March, with motor vehicles and parts pro

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US March industrial production +0.4% versus 0.4% expected ...Middle East

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