The Federal Reserve releases its annual benchmark revision of U.S. industrial production and capacity utilization data.
Federal Reserve released the annual benchmark revisions of US industrial production and capacity utilization data. US industrial output for August was revised to a decline of 0.1% (previously an increase of 0.1%), capacity utilization for August was revised to 75.8% (previously 77.4%), and manufacturing output for August was revised to an increase of 0.1% (previously an increase of 0.2%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OKTA, INC. <OKTA.O>: JEFFERIES RAISES TARGET PRICE TO $240 FROM $200
CSX CORPORATION <CSX.O>: RBC CUTS TARGET PRICE TO $53 FROM $54
CANADIAN PACIFIC KANSAS CITY <CP.TO>: RBC RAISES TARGET PRICE TO C$146 FROM C$145
M&T BANK CORPORATION <MTB.N>: JEFFERIES CUTS TARGET PRICE TO $275 FROM $300
