Stati Uniti Produzione Industriale (Mensile)

Industrial production in the US decreased by 0.1% mom in October of 2022, after a 0.1% increase in September and missing market expectations of a 0.2% gain as higher interest rates and prices weighed on demand. Manufacturing output went up 0.1%, below expectations for a 0.2% increase mostly supported by durable goods (0.5%). Within durables, increases of at least 1.5% were recorded by electrical equipment, appliances, and components; aerospace and miscellaneous transportation equipment; and motor vehicles and parts. At the same time, nondurable manufacturing fell 0.3% as gains for printing and support, plastics and rubber products, and apparel and leather products were offset by losses in petroleum and coal products, textile and product mills, and paper. Finally, mining was down 0.4%, and utilities fell 1.5%. Meanwhile, the capacity utilization rate decreased by 0.2 pp to 79.9%, a rate that is 0.3 pp above its long-run average.