Industry in USA

United States Industry | Economic News & Forecasts

USA - Industry

Economic growth likely slowed somewhat in the second quarter, despite resilient household outlays. Temporary factors that boosted growth in first quarter should have faded, as inventory build-up likely slowed, while a contribution from net exports in Q1 seems to have reversed in Q2. Meanwhile, the housing market continued to weaken, with home price growth slowing to a near seven-year low in April. On a brighter note, private consumption, the mainstay of the economy, appeared to defy a slowdown as reflected by brisk retail sales growth throughout Q2. Turning to the third quarter, the protracted U.S.-China trade dispute risks further hindering growth. In recent weeks, trade talks appear to have stalled due to disagreements over Huawei, while Trump has threatened to impose more tariffs on USD 300 billion worth of Chinese imports.

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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USA Industry

United States Facts

ValueChangeDate
Bond Yield2.02-0.43 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market26,8640.02 %Jul 31

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