US: Industrial Production expands by 0.9% in July vs. 0.4% expected
newscatcher
2021-08-17 13:30
US: Industrial Production expands by 0.9% in July vs. 0.4% expected
Industrial Production in US expanded at a stronger pace than expected in July. US Dollar Index continues to push higher toward 93.00. Industrial Production in the United States expanded by 0.9% on a monthly basis in July, the data published by the US Federal Reserve revealed on Tuesday. This print followed June's increase of 0.2% (revised from 0.4%) and came in better than the market expectation of 0.4%. "In July, manufacturing output rose 1.4%." "At 101.1% of its 2017 average, total industrial production in July was 6.

https://www.fxstreet.com/news/us-industrial-production-expands-by-09-in-july-vs-04-expected-202108171321

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