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美國3月工業生產數據意外下滑,2月數據向上修正。

-- 美國3月工業生產下降0.5%,低於彭博社截至美國東部時間上午7:35匯總的調查預期的0.1%增幅,而2月份的增幅經向上修正後為0.7%。 製造業生產在經歷了上月0.4%的成長後,3月下降了0.1%,其中汽車及零件生產下降了3.7%。若剔除汽車生產的下降,製造業生產將成長0.1%,而整體工業生產將下降0.3%。 採礦業生產在經歷了2月2.1%的成長後,3月下降了1.2%。 公用事業生產在經歷了2月1.8%的反彈後,3月下降了2.3%,其中天然氣和電力公用事業的產量都下降。 產能利用率從2月的76.1%降至3月的75.7%,低於預期的76.3%。 聯準會發布的月度工業生產報告衡量製造業、公用事業生產商和採礦業的生產成長。製造業數據分為長期(耐久財)和短期(非耐久財)兩類,其中汽車生產是關鍵組成部分。報告中還包括產能利用率,顯示生產商的剩餘產能。 工業生產數據強於預期通常對股市有利,但對製造業、採礦業或公用事業板塊則可能構成利空,具體取決於該部分數據在當月的表現。 整體而言,債券市場更傾向於工業生產成長放緩,將其視為通膨溫和的訊號。但在供應緊張時期,例如疫情期間,生產低迷與通膨上升並存的局面是有可能的。

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