Halister News

(Bloomberg) -- Output of factories, mines and utilities seen increasing 0.2% in Oct. after rising 0.1% in Sept. (forecast range -0.4% to +0.5%); data track volume of production.

• ISM factory index, as well as employment report’s manufacturing diffusion index and data on hours worked, point to “mild” gain: Bloomberg Intelligence
• Capacity utilization rate seen at 75.5% last month vs 75.4% prior month (forecast range 75.1% to 75.7%); tracks industrial capacity in use as opposed to sitting idle