Industrial Production decreased by 0.2% in September to an index value of 93.2 (2007=100), against expectations of a 0.2% increase, following a 0.2% increase in August. Over the year, the industrial production index is up by 5.4%. Capacity Utilization decreased to 74.7% for September from 74.8% in August and was 5.9 percentage points below its average for the period from 1972 through 2009. In September 2009, Capacity Utilization was measured at 70.5%.
Net Foreign Purchases for August increased to $128.7 billion, following a July increase of $61.2 billion from $44.4 billion in June. Net foreign purchases of long-term U.S. securities were $136.6 billion, $113.1 billion of which were from private foreign investors and net purchases by foreign official institutions were $23.5 billion. U.S. residents purchased a net $7.9 billion of long-term foreign securities.
Upcoming Releases
Housing Starts (10/19 at 8:30 AM EST)
Building Permits(10/19 at 8:30 AM EST)
Crude Inventories (10/20 at 10:30 AM EST)
Fed’s Beige Book (10/20 at 2:00 PM EST)
