Industrial production on solid ground in October

• October Industrial Production: +1.6% M/M vs. +0.9% consensus and -1.3% prior (unrevised).
• Capacity Utilization 76.4% vs. 75.8% consensus and 75.2% prior (unrevised).
• Manufacturing Output: +1.2% M/M vs. +0.7% consensus and -0.7% prior (unrevised).