Date
GMT+00:00
Event Previous Forecast Actual
Jan, 16 14:15
Manufacturing Production
Manufacturing Production
Country:
Date: Jan, 16 14:15
Importance: Low
Previous: 0.0%
Forecast: -
Actual: -
Period: Dec

The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling.

0.0% - -
Jan, 16 14:15
Capacity Utilization
Capacity Utilization
Country:
Date: Jan, 16 14:15
Importance: Low
Previous: 76.0%
Forecast: 76.1%
Actual: -
Period: Dec

Capacity Utilization measures the extent to which US manufacturing companies make use of their installed productive capacity (factories and machinery). Capacity Utilization reflects overall growth and demand in the economy, rising when the economy is vibrant, and falling when demand softens. High capacity utilization also exerts inflationary pressures as scarce resources are in higher demand. However, it may also lead to new capital investments, such as new plants, that promote growth in the future.

76.0% 76.1% -
Jan, 16 15:00
NAHB Housing Market Index
NAHB Housing Market Index
Country:
Date: Jan, 16 15:00
Importance: Low
Previous: 39
Forecast: -
Actual: -
Period: Jan

A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders, the Housing Market Index is a timely indicator of future US home sales. However, as the index is not as comprehensive as formal housing reports like new home sales or MBA mortgage applications, the index acts more like a supplemental indicator for predicting housing trends.

As such, the NAHB Housing Market Index is still able to provide general insight to where the housing market is heading. Given that new home sales reflect 'big ticket' items that require construction and investment, the housing market is often viewed as an indicator of the direction of the economy as a whole. Growth in the housing market will spur subsequent spending, generating demand for goods and services and the employees who provide them.

The report headline is expressed in percentage change from the previous month. The NAHB Housing Market Index divides the Single-Family Sales data into three categories: Present, Next 6 Months and Prospective Buyers Traffic.

39 - -
Jan, 16 17:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Jan, 16 17:00
Importance: Low
Previous: 542
Forecast: -
Actual: -
Period: Jan
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
542 - -