Prior +0.4%Services -0.1% vs +0.1% m/m expectedPrior +0.3%Industrial output +0.8% vs +0.1% m/m expectedPrior +0.2%; revised to +0.3%Manufacturing output +1.1% vs +0.1% m/m expectedPrior +0.4%; revised to +0.3%Construction output +0.5% vs -0.1% m/m expectedPrior +1.9%; revised to +1.7%
The monthly reading doesn’t mean much on a day like this, when the focus is more on the quarterly estimate here.
This article was written by Justin Low at www.forexlive.com.