Industry in USA

United States Industry | Economic News & Forecasts

USA - Industry

The economy appears to have continued to diverge down two separate tracks in the third quarter. On the one hand, strong retail sales in August and higher monthly wages in the same month affirms consumer spending continues to do the heavy lifting in Q3. On the other hand, businesses investment has likely weakened amid the persistent trade dispute with China, while the ISM index notably slipped into contractionary territory for the first time in three years in August, raising concerns of a manufacturing downturn. Moreover, slower job creation in August suggests the labor market could be hitting its peak. On the trade front, while negotiations between the U.S. and China have resumed and President Trump recently lifted tariffs on 400 Chinese goods, the countries are likely to remain starkly divided over the more contentious terms of trade, and many of our panelists remain pessimistic about a near-term breakthrough.

United States - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.0  3.1  -1.0  -2.0  2.3  

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United States Industry Chart

USA Industry

United States Facts

Bond Yield1.47-0.43 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market26,3550.02 %Sep 04

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