Call it rebound from the horrible hurricanes in Texas, Florida and even Georgia. The October Industrial Production numbers are out and IP YoY climbed to 2.88%. Capacity utilization rose to 77%, although it is still below the Fed target (not …
The post US Industrial Production Rises To 2.88% YoY, Capacity Utilization Rises To 77% (M2 Velocity Still Dead) was originally published at The Wall Street Examiner. Follow the money!