Forex encyclopedia

Capacity utilization is the macroeconomic indicator determining the level of productive capacity of the state's economy. Has a minor effect on the market. Nevertheless, growth of this figure is accompanied by growth of national currency, which in particular characterizes toughening of monetary policy of the state. Productive capacity data is expressed in percentage, upon that, the best possible ration is 80 – 85% and signalize about the balance between economic growth and inflation. The figure is announced on a monthly basis along with another figure “ Industrial production” around 15th at 09:15 EST (New York). 
Industrial production index (IP) is an indicator characterizing industrial output in mining, manufacturing, energy-savings and utilities. The index reflects growth or decline in manufacture and services in the USA without account of construction segment. It is also known as “net output” and is expressed as percentage. Industrial production takes about 40% of the US economy and is closely related with such figure as GDP. Advantage of index is that it only accounts for industrial output rather than its monetary value. It makes the index one of major indicators of national economy condition and an important fundamental influencing currency rate. Growth of indicator means consolidation of the economy and contributes to upsurge of the American currency.
New in Encyclopedia
Picture of the day
DCLG HPI (House Price Index)
Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .