Industry in USA
USA - IndustryThe 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
|Industrial Production (annual variation in %)||2.0||3.1||-1.0||-1.9||1.6|
5 years of economic forecasts for more than 30 economic indicators.
United States Industry Chart
United States Facts
|Bond Yield||3.16||-0.43 %||Oct 16|
|Exchange Rate||1.16||0.65 %||Oct 16|
|Stock Market||25,798||0.02 %||Oct 16|
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October 15, 2018
Retail sales expanded 0.1% on a seasonally-adjusted month-on-month basis in September, matching August’s seven-month low but undershooting market analysts’ expectations of 0.6% for the second consecutive month.
October 11, 2018
Consumer prices rose 0.1% from the previous month in September, under analysts’ expectations and August’s print, both at 0.2% month-on-month.
United States: Unemployment rate falls to near 50-year low in September despite softening payroll growth
October 5, 2018
The September employment report showed the U.S. economy adding jobs at a solid pace, although much slower than in previous months.
October 1, 2018
The U.S. manufacturing sector cooled somewhat in September but remained on a well above-average growth path.
United States: Federal Reserve hikes rate as expected in September, drops accommodative language and raises outlook
September 26, 2018
At its 25–26 September monetary policy meeting, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to raise its target range for the federal funds rate by 25 basis points to between 2.00% and 2.25%.