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Economic focus: US industrial decline caused by energy bust or dollar surge?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
US industrial production has fallen 4% since mid-2014. Over that period, the US energy sector has slumped and the US dollar surged. Both of these factors are negatives for US industry. However, granular data for industrial output and US exports suggest that the decline in industry is much more a commodity story than a currency story.
Table of contents
- Industrial production has fallen
- The mining bust is just half the story
- What about the strength of the US dollar?
- What next?
- Economic indicators
Tables and charts
This report includes the following images and tables:
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Economic focus: US industrial decline caused by energy bust or dollar surge?: Image 1Economic focus: US industrial decline caused by energy bust or dollar surge?: Image 2Durable goods production: change over Nov 2014
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Durable goods production indicesNon-durable goods production: change over NovNon-durable goods production indicesUSA goods exports(monthly)US dollar Trade Weighted Index (broad)Fall in commodity exports since Aug 2014Fall in commodity related equipment since Aug 2014US monthly industrial production indexUSA purchasing managers' indices
- 15 more item(s)...
What's included
This report contains:
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