{"id":201087,"date":"2025-12-24T06:09:12","date_gmt":"2025-12-24T06:09:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/201087\/"},"modified":"2025-12-24T06:09:12","modified_gmt":"2025-12-24T06:09:12","slug":"in-other-economic-news-today-us-durable-goods-weak-industrial-production-modestly-higher","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/201087\/","title":{"rendered":"In other economic news today: US durable goods weak. Industrial Production modestly higher"},"content":{"rendered":"<p data-v-4026719d=\"\">Looking at the other US data released today in summary:<\/p>\n<p>US Durable goods orders for Oct -2.2% vs -1.5% est. Prior 0.5% revise from 0.7% (lower)Ex transportation 0.2% versus 0.3% expected. Prior 0.6% revised 0.7% (lower)nondefense capital ex air October 0.5% versus 0.4% expected. Prior revised lower to 0.9% from 1.1%.Ex defense -1.5% versus +0.1% priorClick <a href=\"https:\/\/www.census.gov\/manufacturing\/m3\/adv\/current\/index.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"article-link\" data-v-4026719d=\"\">HERE<\/a> for the full report.Summary of Industrial Production &amp; Capacity Utilization (November 2025)<\/p>\n<p data-path-to-node=\"1\" data-v-4026719d=\"\">The Federal Reserve&#8217;s released Industrial Production and Capacity Utilization data for November and it shows that industrial production staged a modest recovery in November after a tepid October. While the headline index beat expectations, capacity utilization remains steady<\/p>\n<p>Key Data vs. Expectations &amp; PriorMajor Industry Group Breakdown<\/p>\n<p data-path-to-node=\"6,0,0\" data-v-4026719d=\"\">Manufacturing: Remained unchanged (0.0%) in November after a -0.4% decline in October. <\/p>\n<p data-path-to-node=\"6,1,0\" data-v-4026719d=\"\">Mining: Jumped +1.7% in November, a sharp reversal from the -0.8% contraction in October. <\/p>\n<p data-path-to-node=\"6,2,0\" data-v-4026719d=\"\">Utilities: Decreased -0.4% in November after a volatile +2.6% surge in October.<\/p>\n<p>Market Group Performance<\/p>\n<p data-path-to-node=\"8,0,0\" data-v-4026719d=\"\">Final Products: Increased +0.4%, led by a recovery in consumer goods (+0.3%) and business equipment (+0.3%).<\/p>\n<p data-path-to-node=\"8,1,0\" data-v-4026719d=\"\">Construction: Continued to weaken, falling -0.6% in November following a steep -1.1% drop in October.<\/p>\n<p data-path-to-node=\"8,2,0\" data-v-4026719d=\"\">Materials: Rose +0.2% after remaining flat in the prior month.<\/p>\n<p>Capacity Utilization by Stage<\/p>\n<p data-path-to-node=\"10,0,0\" data-v-4026719d=\"\">Crude: Rose to 83.7% (from 83.0% in October).<\/p>\n<p data-path-to-node=\"10,1,0\" data-v-4026719d=\"\">Primary &amp; Semifinished: Fell slightly to 75.4%.<\/p>\n<p data-path-to-node=\"10,2,0\" data-v-4026719d=\"\">Finished: Edged up to 73.7%.<\/p>\n<p>The &#8220;Why&#8221; Behind the Numbers<\/p>\n<p data-path-to-node=\"13\" data-v-4026719d=\"\">While the +0.2% IP growth beat the 0.1% forecast, the broader trend reveals a stagnant manufacturing sector. The &#8220;beat&#8221; was largely fueled by a rebound in mining rather than a resurgence in factory output. Persistent headwinds, including tariff uncertainty and slowing discretionary consumer spending, continue to keep capacity utilization (76.0%) near levels seen during previous economic soft patches.<\/p>\n<p data-path-to-node=\"13\" data-v-4026719d=\"\">The Trump initiatives to bring back manufacturing to the US should lead to larger numbers down the road. Of course it takes time to build the capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"Looking at the other US data released today in summary: US Durable goods orders for Oct -2.2% vs&hellip;\n","protected":false},"author":2,"featured_media":201088,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":{"0":"post-201087","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/201087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=201087"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/201087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/201088"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=201087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=201087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=201087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}