{"id":1542203,"date":"2025-06-17T13:25:51","date_gmt":"2025-06-17T17:25:51","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1542203"},"modified":"2025-06-17T13:25:51","modified_gmt":"2025-06-17T17:25:51","slug":"us-industrial-production-drops-in-may-as-capacity-utilization-sinks","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/us-industrial-production-drops-in-may-as-capacity-utilization-sinks\/1542203\/","title":{"rendered":"US Industrial Production Drops In May As Capacity Utilization Sinks"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">US Industrial Production Drops In May As Capacity Utilization Sinks<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>US Industrial Production fell 0.2% MoM in May &#8211; the second decline in the last three months. That print was weaker than expected from an upwardly revised April print and dragged the YoY change in production down to +0.6% YoY&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8900.jpg?itok=X76swMMe\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>On the Manufacturing side, output rose 0.1% MoM, from a downwardly revised 0.5% decline in April<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8CD5.jpg?itok=poQ6ijnr\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>Interestingly, while auto retail sales dropped (as we detailed earlier), US auto production rose in May while Energy &amp; Computer production fell&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8A07.jpg?itok=U1cApkjQ\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>Capacity Utilization slipped lower in May to 77.4%, falling for the third straight month&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmA4FC.jpg?itok=vc_6_aVT\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>Is today the turning point (down) in &#8216;hard&#8217; data (as soft data has turned up)?<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmE946_0.jpg?itok=p3SWqgHA\"><\/a><\/p>\n<p>What will Jay Powell do with that?<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Tue, 06\/17\/2025 &#8211; 09:25<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/economics\/us-industrial-production-drops-may-capacity-utilization-sinks\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/economics\/us-industrial-production-drops-may-capacity-utilization-sinks<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Industrial Production Drops In May As Capacity Utilization Sinks US Industrial Production fell 0.2% MoM in May &#8211; the second decline in the last&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1542204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1542203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6tcf","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2025\/06\/bfm8900-LFBPb1.jpg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1542203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1542203"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1542203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1542204"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1542203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1542203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1542203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}