U.S. Total Industrial Production

U.S. industrial production marked two consecutive months of rise.

  • The U.S. Industrial Production quarterly rate-of-change rose further in August, marking two consecutive months of rise.
  • Rising U.S. leading indicators portend further quarterly rate-of-change rise ahead. Secondary business shutdowns in response to the potential combination of rising COVID-19 cases and the onset of fall flu season would pose a downside risk.