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U. S. industrial production in September month zero rate of growth. 1%

by:Deyuan      2020-12-23
U. S. industrial production in September up slightly, but not as good as expected, the manufacturing output offset by home appliances production decline, in the third quarter year-on-year growth of 1. 8% to a record first quarter growth since the third quarter of last year. The federal reserve ( 美联储) On Monday, On October 17) In September, according to data released U. S. industrial production growth rate of 0. 0 1%, expected growth. Revised to drop to 0 in 2%, before. 5%.

industrial output is calculated on the production without the output value of the dollar-denominated measure, so the distortion index is not affected by inflation, is considered more appropriate indicators reflect American industry.

the fed also pointed out that in today's report, the United States in September in manufacturing output rate increase 0. 2%, in line with forecasts.

the data also show that the capacity utilization rate dropped to 75. 4%, forecast for 75. 6%, the first value correction for 75. 3%.

Reuters comments on America in September, according to the data output slightly rebounded reason for manufacturing output offset by home appliances production decline, suggests that the third quarter economic growth will moderate speed; In the third quarter, industrial output rose 1. 8%, since the third quarter of last year's first quarter posted positive; Former industrial sector has been affected by the dollar this year, however, as the appreciation of oil cooling and stability, the negative influence or will end.
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