Forecast Revised by Less Than 1%; Rise Will Be Sluggish at First and Then Ramp Up to Record Highs
The US Industrial Production Index is an index of total industrial production in the United States; including manufacturing, mining, and utilities.
ITR Economics has classified this index as being in phase A of the business cycle.
ITR forecasts the annual growth rate for 2024 at 0.1%, 1.4% in 2025, and 1.5% in 2026.
