THE BASIS POINT

Industrial Production up.

 

Industrial Production  (November 2014)

– Production month/month +1.3. Previous was +0.1%
– Capacity Utilization Rate 80.1%. Previous was 79.3%
– Manufacturing month/month +1.1%. Previous was +0.4%

This include manufacturing, mining and also the production of utilities. Some of the gain could be weather-related.

Housing Market Index (December 2014)

– Housing Market Index 57.0.  Previous was 58.0

This is a survey index produced by The National Association of Home Builders.  It indicates Home Builders confidence in the economy which should give them incentive to build new homes.

 

Empire State Manufacturing Survey (December 2014)

– General Business Conditions Index -3.8.  Previous was 10.16.

This is a survey index of manufacturers in New York State.  Not quite the empire it once was in terms of manufacturing. As a fundamental reported in economic media this is more of a relic.

 

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