These are not good numbers. They all missed. It’s like an air ball in the NBA All-Star Game.
Import Prices went up.
Industrial Production went down.
Capacity Utilization decreased.
Manufacturing Production produced less.
Economic Event | Period | Economic Survey | Actual Reported | Original Prior | Revised Prior |
Import Price Index MoM | Jan | -0.1% | 0.1% | 0.0% | 0.2% |
Import Price Index YoY | Jan | -1.8% | -1.5% | -1.3% | -1.1% |
Industrial Production MoM | Jan | 0.2% | -0.3% | 0.3% | -- |
Capacity Utilization | Jan | 79.3% | 78.5% | 79.2% | 78.9% |
Manufacturing (SIC) Production | Jan | 0.1% | -0.8% | 0.4% | 0.3% |
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Life is good! The alternative? Not so much.
John Broussard
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
225-342-0013
jbroussard@treasury.state.la.us
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