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Industrial production fell .4% in November, capacity utilization slipped .4% as well both figures missed expectations on weakness in utilities production.

Retail sales missed expectations in November gaining just .1% as per the Census Bureau, on a year ago basis sales advanced 3.8%.

The Producer Price Index increased more than expected in November with a .4% gain for the month on a large jump in services prices, on a year ago basis prices advanced 1.2% well below the Fed’s desired 2% target, but the first time the index has recorded a whole number of 1% or better on a year ago basis since December of 2014.

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