US Industrial Production Surges In December To Record High

    Industrial Production surged 0.9% MoM in December (almost double the 0.5% rise expected) and pushed the overall level above its Nov 2014 peak to a new record high.

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    The December beat was helped by a notable downward revision for Nov (from +0.2% to -0.1% MoM)

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    Worries about over-heating are starting to rise as Capacity Utilization hits a 3-year high.

     

    https://www.zerohedge.com/sites/default/files/inline-images/20180117_IP4.png

    Since the previous peak in US Industrial Production on November 2014, The Dow is up 46% and Industrial production is unchanged…

    https://www.zerohedge.com/sites/default/files/inline-images/20180117_IP3.png

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