US industrial production to increase by 0.3% m/m in November - Barclays

Analysts at Barclays offer their thoughts on what to expect from today’s US industrial production data due to be released at 1415 GMT.

Key Quotes:

“We look for industrial production to increase by 0.3% m/m in November.

Moderating somewhat after a strong showing in October (0.9%).

We expect much of this moderation to be driven by the manufacturing sector, which we expect to rise by a modest 0.2% m/m (previous: 1.3%).

We also look for a decline in utilities, while we expect mining production to rebound in November.”