In sequential terms, however, the picture released Thursday was a little less upbeat for the Mexican industrial sector in May, as the industrial production index fell by 0.9 percent month over month (seasonally adjusted), from a 0.5 percent increase in April.
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Industrial growth appears to have moderated as the April and May Index of Industrial Production numbers showed.
U.S. economic data due for release Wednesday includes the MBA weekly mortgage applications survey, the Goldman Sachs and Johnson Redbook retail sales reports, the producer price index, Treasury capital flows, industrial production and capacity utilization, and the NAHB housing market index.
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The index of industrial production in February rose 0.6% from a year earlier, government data showed Friday.
Manufacturing output, which has a 75% weight in the index of industrial production, rose 2.7% from a year earlier in January.
The index of industrial production fell to 3.9% in the April to November period, from 9.2% in the same period a year ago.
The consumer price index and industrial production and capacity utilization data all came in very close to pre-report expectations by the market place.
Friday's data show manufacturing output, which has a 75% weight in the index of industrial production, rose 2.2% in February from a year earlier.
The index of industrial production in January rose 2.4% from a year earlier, benefiting from an improvement in manufacturing output, government data showed Tuesday.
On Thursday, we will get the monthly report on the Producer Price Index and jobless claims, followed by the Consumer Price Index and industrial production numbers on Friday.
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Output of India's eight infrastructure industries, which have a total weight of 38% in the index of industrial production, rose 2.9% from a year earlier in March, data showed Tuesday.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales data, the consumer price index, Treasury international capital data, industrial production and capacity utilization, and the NAHB housing market index.
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U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, the consumer price index, real earnings, Treasury international capital flows, industrial production and capacity utilization, the NAHB housing market index and the weekly DOE energy stocks report.
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The U.S. data includes the weekly MBA mortgage applications survey, the consumer price index, the Empire State manufacturing survey, real earnings, Treasury international capital data, industrial production and capacity utilization, the NAHB housing market index and the weekly DOE energy stocks report.
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On Wednesday, we get Industrial Production, along with the Consumer Price Index and the Housing Index.
The metals index, which tends to be most closely correlated with global industrial production, has gone up by only 12%, much less than the index as a whole, since January 2002.
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U.S. economic data for next week brings the consumer and producer price indexes, while industrial production and manufacturing data from the Empire State Index and the Philadelphia Fed are also slated for release.
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Thursday will feature the June producer price index (PPI), June industrial production and the July Philadelphia Fed survey.
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The Consumer Price Index is out Friday along with Industrial Production, and the August data on Retail Sales which were up in July for the first time in four months.
The merry month of May was anything but, with its reports of deteriorating conditions in April that were much worse than forecasts, as measured by the ISM Mfg Index, the ISM Non-Mfg Index, Factory Activity, and Industrial Production.
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U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, the Empire State manufacturing survey, Treasury international capital flows, industrial production and capacity utilization, the NAHB housing market index, the weekly DOE energy stocks report, and the FOMC meeting minutes.
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U.S. economic data due for release Thursday includes the weekly jobless claims report, the empire state manufacturing survey, the producer price index, Treasury international capital data, industrial production and capacity utilization, and the Philadelphia Fed business outlook survey.
U.S. economic data due for release Friday is heavy and includes the consumer price index, real earnings, retail sales, industrial production and capacity utilization, manufacturing and trade inventory and sales, and the University of Michigan consumer sentiment survey.
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This is the Index of Manufacturing and it charts the value of industrial production, inflation adjusted, over the years.
China's Shanghai Composite Index lost 0.2% after news that industrial production for April and urban fixed-asset investment for the January-to-April period didn't rise as much as expected.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, the consumer price index, real earnings, new residential construction, industrial production and capacity utilization, and the IMF world economic outlook.
Some key data due to be released this week includes retail sales on Tuesday, industrial production on Wednesday, initial claims on Thursday, and the consumer price index on Friday.
The Consumer Price Index is out on Tuesday, along with housing starts and industrial production.
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U.S. economic reports due for release Friday include real earnings, the consumer price index, the U.S. flash manufacturing PMI, and industrial production and capacity utilization.
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Dhanda asserts that the trends in global industrial production, U.S. durable goods orders and the global ISM new order index all argue for a more cautious stance on chip stocks.
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