Industry in USA

United States Industry | Economic News & Forecasts

USA - Industry

The economy continues to fire on all cylinders in the third quarter, after growth hit a near four-year high in Q2. Industrial production and ISM survey data for July and August show the manufacturing sector kept running at full capacity, with large order books poised to maintain strong activity in coming months. Job creation also remained robust in the same two months, while wage growth accelerated and consumer confidence hit an 18-year high in August, boding well for private consumption despite softening August retail sales. Although headwinds are rapidly mounting with the recent announcement of tariffs on USD 200 billion of Chinese goods, growth in Q3 might benefit from front-loading effects in September and from a replenishment of inventories depleted in Q2.

United States - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.0  3.1  -1.0  -1.9  1.6  

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United States Industry Chart

USA Industry

United States Facts

Bond Yield3.20-0.43 %Oct 22
Exchange Rate1.150.65 %Oct 22
Stock Market25,3170.02 %Oct 22

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