| 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 | The ‘Previous’ listed is the ‘Actual’ from the Preliminary release and therefore the ‘History’ data will appear unconnected. There are 2 versions of this indicator released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; |
| 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; |