Forex Dictionary

Industrial Production

Industrial Production

Measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; if the actual result bigger than the expected result it is good for the currency. It is important because it's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle, and is correlated with consumer conditions such as employment levels and earnings; Frequency Released monthly, about 45 days after the month ends; Next Release Sep 12, 2008 FF Notes Tends to have a relatively mild impact because Germany and France, which account for about half of the Eurozone's economy, release earlier production data; Why Traders Care It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle, and is correlated with consumer conditions such as employment levels and earnings;