US Industrial Production Drops In May As Capacity Utilization Sinks
US Industrial Production fell 0.2% MoM in May – the second decline in the last three months. That print was weaker than expected from an upwardly revised April print and dragged the YoY change in production down to +0.6% YoY…
Source: Bloomberg
On the Manufacturing side, output rose 0.1% MoM, from a downwardly revised 0.5% decline in April
Source: Bloomberg
Capacity Utilization slipped lower in May to 77.4%, falling for the third straight month…
Source: Bloomberg
Is today the turning point (down) in ‘hard’ data (as soft data has turned up)?
What will Jay Powell do with that?
Tyler Durden
Tue, 06/17/2025 – 09:25
https://www.zerohedge.com/economics/us-industrial-production-drops-may-capacity-utilization-sinks

