Free Markets, Free People
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%.