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US DATA: Nov industrial production was up 0.2% vs +0.3% expected. Oct IP
rev up to +1.2% from +0.9%.
-IP saw most categories generally up, with mining +2.0%, manufacturing
+0.2%, materials +0.6%, and business equipment +0.5%, but utilities
-IP ex motor veh +0.2%. Mfg excl. motor veh & parts +0.2%; and motor
veh & parts +0.1%.
-Durables mfg +0.4% with categories generally up, apart from a decline
in wood products.
-Nondurable mfg was flat, with declines in all categories except for
printing and support and plastic and rubber.
-Capacity utilization rose slightly to 77.1% vs 77.2% expected. Oct
capacity util unrev at 77.0%. Mfg cap util rose slightly to 76.4%.