U.S. Economic News
September 17, 2019
U.S. Economic Indicators
Industrial production rose 0.6% in August (up 0.4% year-over-year) after declining 0.1% in July. Capacity utilization rose 0.4 point to 77.9 in August. Fed Report
The NAHB Housing Market Index rose 1.0 point to 68.0 in August. The sub-index for current sales conditions rose while the sub-index of sales expectations edged down slightly. NAHB Report
U.S. News
The Wall Street Journal reports that the U.S. and Japan are moving ahead with a limited trade agreement that would lower Japanese tariffs on U.S. agricultural goods and protect Japan from U.S. tariffs on auto imports. The two countries are expected to formally sign the agreement later this month while leaving open the possibility of reaching a broader, comprehensive trade agreement in the future. WSJ