United States Mining Production  Forecast


United States Mining Production
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Mining Production in the United States is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in the United States to stand at 3.21 in 12 months time. In the long-term, the United States Mining Production is projected to trend around 1.00 percent in 2020, according to our econometric models.


United States Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 58.2 55 54 54.3 52 52
Manufacturing PMI 53.9 53 52.7 52.9 53.67 53
Services PMI 54.5 53.7 52.9 53 54.6 54.8
Non Manufacturing PMI 57.4 58 55.2 56 54 55.06
Composite Pmi 54.5 54 52.4 52.7 55 55.1
Industrial Production 2.9 3 2.4 1.9 1.6 1.1
Industrial Production Mom 0.9 0.2 0.4 0.5 0.2 0.2
Manufacturing Production 2.5 2 1.7 1.7 2 1.9
Capacity Utilization 77 76 76.4 76.6 76.68 78
Durable Goods Orders -1.2 -1.2 0.39 0.33 0.32 0.4
Durable Goods Orders Ex Defense -0.8 0.82 0.43 0.33 0.31 0.31
Durable Goods Orders Ex Transportation 0.4 0.1 0.26 0.24 0.24 0.1
Factory Orders Ex Transportation 0.8 0.27 0.27 0.26 0.26 0.26
New Orders 479590 476076 474328 472768 471246 458450
Factory Orders -0.1 -0.5 0.27 0.26 0.27 0.2
Business Inventories 0 -0.8 0.39 0.2 0.32 0.2
Changes in Inventories 39.01 65.2 14 7.5 19.5 75
Wholesale Inventories -0.5 0.4 -0.1 0.2 0.3 0.2
Bankruptcies 23109 24372 25248 26281 27410 37180
Corporate Profits 1739 1714 1727 1729 1725 1704
NFIB Business Optimism Index 108 106 104 100 102 97
Ism New York Index 58.1 54.39 54.83 55.11 55.28 55.53
Philadelphia Fed Manufacturing Index 22.7 19 15 10 13 6.3
NY Empire State Manufacturing Index 19.4 25 19 12 11 5
Richmond Fed Manufacturing Index 30 14 15 11 10 3
Dallas Fed Manufacturing Index 19.4 14 15 14.5 12.42 2
Chicago Fed National Activity Index 0.65 0.05 0.2 0.2 -0.09 0.05
Chicago Pmi 63.9 54 53 53.5 57.95 54.53
Car Production 2.7 3.61 3.89 3.89 3.31 4.04
Car Registrations 514 569 615 645 662 683
Total Vehicle Sales 17.48 14 18 18 17.19 18.7
Crude Oil Stocks Change -5.61 -0.5 0.06 0.06 0.06 0.1
Natural Gas Stocks Change 2 -23.25 -7.84 -2.19 -0.11 1.09
Gasoline Stocks Change 6780 612 200 201 -500 500
Leading Economic Index 184 184 186 187 188 195
Internet Speed 18748
IP Addresses 128949703 129552017 129483682 129416277 129348765 128896096
Crude Oil Rigs 751 749 748 748 747 741
API Crude Oil Stock Change -7.38 -1.04 0.29 0.33 0.33 0.33
Competitiveness Index 5.85 5.7 5.73 5.73 5.77 5.86
Competitiveness Rank 2 3 3 3 2 3
Corruption Index 74 75.5 75.5 75.5 75 75.5
Corruption Rank 18 16 16 16 18 16
Ease of Doing Business 6 7 6 6 6 6
Steel Production 6976 6470 7111 7208 7261 7150
Mining Production 6.4 2 7 6.4 3.21 1