Thursday, November 16, 2006

Forex news: U.S. industrial production rose 0.2% in October, the Federal Reserve reported Thursday. The gain was just below forecasts.

Forex news

U.S. industrial production rose 0.2% in October, the Federal Reserve reported Thursday. The gain was just below forecasts.

Economists were expecting production to rise 0.3%.

Capacity utilization rose to 82.2% from a revised 82.1% in September. Economists had forecast capacity utilization to rise to 82.0.

Industrial production is up 4.9% in the past 12 months.

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