Date
GMT+00:00
Event Previous Forecast Actual
Jan, 15 14:15
★★
Capacity Utilization
Capacity Utilization
Country:
Date: Jan, 15 14:15
Importance: Medium
Previous: 73.3%
Forecast: 73.4%
Actual: -
Period: Dec

Capacity Utilization measures the extent to which US manufacturing companies make use of their installed productive capacity (factories and machinery). Capacity Utilization reflects overall growth and demand in the economy, rising when the economy is vibrant, and falling when demand softens. High capacity utilization also exerts inflationary pressures as scarce resources are in higher demand. However, it may also lead to new capital investments, such as new plants, that promote growth in the future.

73.3% 73.4% -
Jan, 15 14:15
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Industrial Production
Industrial Production
Country:
Date: Jan, 15 14:15
Importance: Medium
Previous: 0.4%
Forecast: 0.5%
Actual: -
Period: Dec

Measures changes in the volume of output produced by the manufacturing, mining, and utility sectors in the USA. Because industrial production is a measure of output volume rather than dollar value, the figure is not distorted by inflation and is considered a more "pure" indicator for US industry. Though industrial production only accounts for a relatively small portion of the GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Therefore understanding trends in this figure are important to forecasting the GDP. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The figure varies significantly month to month due to the fact that seasonal and weather related factors often alter factory production and utility demand. Because of this volatility, the report has limited market impact.

The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months.

0.4% 0.5% -
Jan, 15 14:15
Manufacturing Production
Manufacturing Production
Country:
Date: Jan, 15 14:15
Importance: Low
Previous: 0.8%
Forecast: 0.5%
Actual: -
Period: Dec

The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling.

0.8% 0.5% -
Jan, 15 15:00
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Michigan Consumer Sentiment Index
Michigan Consumer Sentiment Index
Country:
Date: Jan, 15 15:00
Importance: Medium
Previous: 80.7
Forecast: 79.5
Actual: -
Period: Jan

Assesses consumer confidence regarding personal finances, business conditions and purchasing power based on hundreds of telephone surveys. Especially valued for its quick turnaround, the University of Michigan Confidence survey is considered one of the foremost indicators of US consumer sentiment. The survey polls a smaller sample of consumers and is less established than the Conference Board Consumer Confidence Index.

Declining consumer confidence levels usually accompany any fall income or wages and precede drops in consumer spending. A low or falling sentiment value is considered an early indicator of an economic downturn. As a result, investors, retailers and traders alike all watch the figure for insight into the general health of the economy. The University of Michigan figures have recently preceded turning in overall GDP.

The headline figure is calculated by subtracting the percentage of unfavorable replies from the percentage of favorable replies.

80.7 79.5 -
Jan, 15 15:00
UoM Inflation Expectations
UoM Inflation Expectations
Country:
Date: Jan, 15 15:00
Importance: Low
Previous: 2.5%; 2.5%
Forecast: -
Actual: -
Period: Jan
The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
2.5%; 2.5% - -