US March industrial production -0.5% vs +0.1% expected

  • Prior was +0.2% (revised to +0.7%)
  • Manufacturing output -0.1% vs +0.1% exp
  • Prior manufacturing output +0.2% (revised to +0.4%)
  • Capacity utilization 75.7% vs 76.3% prior

The revisions essentially sterilize the miss here.

This article was written by Adam Button at investinglive.com.