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MoM Change in Industrial Production in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Industrial Production in the US

The month-on-month Industrial Production Index measures the change in production activities within the mining, manufacturing, and utility sectors in the United States compared to the previous month. This data is released monthly by the Federal Reserve Board and is crucial for assessing industrial activity.

Month-on-month data helps to understand short-term fluctuations in industrial production. If production is increasing, it indicates that industrial activity is thriving, suggesting economic expansion. Conversely, if production is decreasing, it may indicate that industrial activity is stagnating, suggesting economic deceleration.

This data serves as a reference for policymakers to assess trends in industrial activity and formulate appropriate economic policies. Additionally, it is a valuable source of information for businesses and investors to understand trends in industrial production and make economic forecasts.

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