Important Economic Indicators October 17th- 22nd by Karvy

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Important Economic Indicators
Oct 18th (18:45) US – Industrial Production M/M (Sep) Survey: 0.20%, Prior: 0.20%
Oct 18th (18:45) US – Capacity Utilization M/M (Sep) Survey: 74.80%, Prior: 74.70%
This indicator will show the volume of production in the U.S. Rising industrial production may generate positive sentiments in the market but may also be regarded as inflationary and thus may anticipate interest rates to rise. Along with rising industrial production, capacity utilization also increases. Capacity utilization is the percentage of the US production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the U.S. economy. High capacity utilization stimulates inflationary pressures. Overall, we see these data to be positive for the USD.
Oct 19th (18:00) US – Housing Starts (Sep) Survey: 580K, Prior: 598K
Oct 19th (18:00) US – Building Permits (Sep) Survey: 575K, Prior: 571K
Housing starts track how many new single-family homes were constructed while building permits show the number of permits given for new construction projects. Data expectations show a decline in housing starts while an increase in building permits. Building permits data provide future movements in housing sector and hence, may impact the USD more than the housing starts data.
Oct 21st (18:00) US – Philadelphia Fed Index (Oct) Survey: 1.8, Prior: -0.7
The Philadelphia Fed survey is a spread index of manufacturing conditions in Philadelphia region. This survey, served as an indicator of manufacturing sector trends, is interrelated with the ISM manufacturing index and the index of industrial production. It is also used as a forecast of The ISM Index. Generally, an above-the-expectations reading is seen as positive for the USD.