| Measures | Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; |
| Usual Effect | Actual > Forecast = Good for currency; |
| FF Notes | Chinese data can have a broad impact on the currency markets due to China’s influence on the global economy and investor sentiment; |
| Why Traders Care |
It’s a leading indicator of economic health – production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle; |
| Also Called | Industrial Output; |