US industrial production rebounded in November, with factory output rising 0.3% month-on-month, slightly below the expected 0.5%. Capacity utilization stood at 78.8%, below the estimated 79.1%. The rebound was attributed to a partial recovery in motor vehicle output following the end of strikes by the United Auto Workers (UAW) union. Business activity in the US also picked up in December, driven by rising orders and demand for workers, allaying fears of a sharp economic slowdown in the fourth quarter, according to S&P Global survey.
US business activity picks up in December- S&P Global survey https://t.co/AqaFehXZII https://t.co/0qWGaf67KW
US factory production rebounded in November, reflecting a pickup in activity at carmakers and parts suppliers following the end of the United Auto Workers’ strike. https://t.co/hx7h1UfHl2
⚠️ US BUSINESS ACTIVITY PICKS UP IN DECEMBER- S(and)P GLOBAL SURVEY U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay fears of a sharp slowdown in economic growth in the fourth quarter. S&P Global said on…
Business activity growth ticks higher in December - @SPGlobalPMI https://t.co/ChNPdmPRTd https://t.co/AJYHmd2RjL
US NOV. INDUSTRIAL PRODUCTION RISES 0.2% M/M; EST. 0.3% US NOV. FACTORY OUTPUT RISES 0.3% M/M; EST. +0.5% US NOV. CAPACITY UTILIZATION 78.8%; EST. 79.1%
US factory production rebounded in November, reflecting a pickup in activity at carmakers and parts suppliers following the end of the United Auto Workers’ strike. https://t.co/dkaPANH8Qq
⚠️ US MANUFACTURING OUTPUT RISES IN NOVEMBER Production at U.S. factories increased in November, lifted by a partial rebound in motor vehicle output following the end of strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" automakers. Manufacturing… https://t.co/HvQd2Qcl9q
US Industrial Production Rebounds In November As Striking Autoworkers Returned To Work https://t.co/wvlMYUEn4C
*US NOV. INDUSTRIAL PRODUCTION RISES 0.2% M/M; EST. 0.3% *US NOV. FACTORY OUTPUT RISES 0.3% M/M; EST. +0.5% *US NOV. CAPACITY UTILIZATION 78.8%; EST. 79.1%
🇺🇸 United States Capacity Utilization Rate (Nov) $USD Actual: 78.8% 🔴 Expected: 79.1% Previous: 78.7%