Date
GMT+00:00
Event Previous Forecast Actual
Dec, 03 13:30
Import price index
Import price index
Country:
Date: Dec, 03 13:30
Importance: Low
Previous: 0.3%; 0.0%
Forecast: 0.1%
Actual: -
Period: Aug

This index reflects import price change per month.

0.3%; 0.0% 0.1% -
Dec, 03 13:30
Labor Productivity
Labor Productivity
Country:
Date: Dec, 03 13:30
Importance: Low
Previous: -1.0%
Forecast: -
Actual: -
Period: 3 quarter

The average productivity level of Canadian workers. Labour Productivity is calculated by dividing the gross domestic product (GDP) by the number of hours worked, yielding output per hour, which is the key measure of productivity growth. The availability of better technology and higher levels of education among the workforce are factors commonly attributed to increased productivity. Growth in labour productivity is usually seen as a sign of a healthy economy because higher productivity allows higher output for a fixed population. Rising Labour Productivity can also offset inflationary pressures associated with economic growth and spending. Economic expansion attributed to increased Labour Productivity will not result in inflation, meaning that central banks will not need to increase interest rates during times of high growth.

The headline figure is the percentage change in output per hour.

-1.0% - -
Dec, 03 14:15
★★
Industrial Production
Industrial Production
Country:
Date: Dec, 03 14:15
Importance: Medium
Previous: 0.1%
Forecast: 0.1%
Actual: -
Period: Sep

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.

0.1% 0.1% -
Dec, 03 14:15
Manufacturing Production
Manufacturing Production
Country:
Date: Dec, 03 14:15
Importance: Low
Previous: 0.2%
Forecast: -
Actual: -
Period: Sep

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.

0.2% - -
Dec, 03 14:15
Capacity Utilization
Capacity Utilization
Country:
Date: Dec, 03 14:15
Importance: Low
Previous: 77.4%
Forecast: 77.3%
Actual: -
Period: Sep

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.

77.4% 77.3% -