Industrial production increased in November

probably the last really busy day of data of the year let's get to rick santelli with some industrial production hey rick

yes industrial production gas utilization these are november numbers we're expecting up one tenth of a percent for production comes in twice expectations up two tenths of a percent this would be the best industrial production since june of this year and if we look at capacity

utilization seventy five point nine is what we were looking for seventy six point oh is what arrived that's the best since july of this year so even though manufacturing doesn't seem to be running on all these numbers do indeed show improvement we see interest rates have been

crawling up ever since this mornings warmer than expected price index on GDP and much stronger growth on GDP right now at four nineteen we're up two on a ten year at four fifty four we're up three on a two year and there is a slight flattening bias going on in the treasury

complex the dollar should have closed under ninety nine fourteen excuse me under ninety eight fourteen will be the lowest close in two and a half months squawk on the street will return after a very short break