US January industrial output rises 0.7% month-on-month, exceeding expectations

Glonghui, February 18｜U.S. industrial production for January increased by 0.7% month-on-month, with an expected 0.40%, and the previous value revised from 0.40% to 0.2%. U.S. capacity utilization rate for January was 76.2%, expected at 76.5%, and the previous value revised from 76.30% to 75.7%. U.S. manufacturing output for January rose by 0.6% month-on-month, expected at 0.4%, and the previous value revised from 0.20% to 0%. U.S. manufacturing capacity utilization rate for January was 75.6%, with the previous value at 75.6%.