Source METI (latest release)
Measures Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 45 days after the month ends;
Next Release Sep 12, 2008
FF Notes The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are two 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;
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