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ITR Experts Say Manufacturing

Automotive Diagnostic: Nascent Weakness Foreshadows Stagnation Ahead
By ITR Economics on May 9, 2024

The monthly North America Light Vehicle Production numbers came in weak for March. March Production numbers were down relative to February. This is only the third time in the 2000s that...

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ITR Experts Say Construction Manufacturing

Labor Market Check-in: Tightness Persists, but Employers Seeing Some Relief
By ITR Economics on April 25, 2024

We are forecasting rise for US Private Sector Employment – our flagship jobs dataset – through at least 2026. We are also expecting that the labor market will remain relatively tight...

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Manufacturing Recessions

US Manufacturing Is in Recession – How Long Will It Last?
By ITR Economics on March 19, 2024

ITR Economics recently revised its forecast for GDP. This mild revision to our GDP outlook was an upgrade, but it is important to keep in mind that GDP pertains to the non-industrial side...

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Construction Manufacturing Recessions

US Economy in 2024 – Where Are We Now?
By ITR Economics on February 20, 2024

2024 has so far been a tricky year for businesses. Many are feeling recessionary pressures. Because the major industries move through the phases of the business cycle at varying times,...

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ITR Experts Say Manufacturing

Widespread Manufacturing Decline: Another Reason to Lower Rates
By ITR Economics on January 11, 2024

With the latest data release from the Federal Reserve Board, 2024 is shaping up according to ITR Economics’ expectations, and if you have been following along with us, you know those...

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ITR Experts Say Manufacturing

Electric Vehicles Ascendance: An Inflection Point in the Auto Industry
By ITR Economics on November 30, 2023

We have all read and heard the media proclamations over the last decade or more regarding the ascendance of electric and hybrid vehicles. Now that the ascendance is showing in the data, we...

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