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Economic Statistics for 16 Nov 12

The following US economic statistics were announced today:

Industrial production fell -0.4% in October, while capacity utilization at the nation’s factories fell -0.5% to 77.8%. Manufacturing was hit even harder, with production down -0.9%.

The net inflow of of long-term financial securities into the US fell sharply to $3.3 billion from last month’s $90.3 billion.

E-commerce sales in the 3rd Quarter rose 3.7%. E-commerce’s share of total retail sales rose from 5.1% to 5.2%.

Dale Franks
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