In November, U.S. industrial production saw a slight decline of 0.1% compared to the previous month, defying economists' forecasts of a 0.3% increase, according to the Federal Reserve. Capacity utilization also dropped to 76.8%, down from October's revised 77.0%, missing expectations of 77.2%.

On a brighter note, U.S. retail sales rose 0.7% in November, surpassing the anticipated 0.5% increase. Excluding auto sales, the gain was a modest 0.2%, falling short of the predicted 0.3%, as reported by the Commerce Department.

These figures reflect a mixed economic picture, with industrial output faltering while consumer spending remains resilient.