Durable Goods Production Growth Accelerating

(Positive) The durable goods industrial production index was 107.9 in February 2017. In February, the index grew 2.1 percent compared with one year ago, which was the fastest rate of growth since January 2015. That was the ninth month in a row and the 10th time in 11 months that the index grew. While the rates of change generally have been small, the rate of growth has accelerated the last six months. The annual rate of growth accelerated to its fastest rate of growth since November 2015. 

We track industrial production and its leading indicators for a number of industries. Click on the links below to see how each industry is faring.

Accelerating Growth: durable goods, electronics/computers/telecommunications, HVAC, pumps/valves/plumbing, wood/paper 

Decelerating Growth: appliances, automotive, construction materials, food/beverage, hardware, medical, petrochemical processors, textiles/clothing/leather goods

Accelerating Contraction: aerospace, furniture, plastic/rubber products, printing, ship/boat building 

Decelerating Contraction: custom processors, forming/fabricating (non-auto), industrial motors/hydraulics/mechanical components, machinery/equipment, metalcutting job shops, military, off-road/construction machinery, oil/gas-field/mining machinery, power generation, primary metals