US July industrial manufacturing -0.6% vs -0.3% anticipated

• Prior was +0.6% (revised to +0.3%)
• Manufacturing output -0.3% vs -0.2% expected
• Prior manufacturing output +0.4% (revised to 0.0%)
• Capacity utilization 77.8% vs 78.5% expected (78.8% prior)

This is on the cool side and combined with the Philly Fed today raises some questions about the industrial side of the economy.

This article was written by Adam Button at www.forexlive.com.