Situation
On a monthly basis production increased by 0.7 % in Apr’07 ( - 0.3 % decline in Mar’07)
On a yearly basis increased by 1.9 % p.a in Apr’07 ( 2.1 % p.a decline in Mar’07)
Background
- USA - Production growth in Mar’07 was at its slowest pace since Sept’05
- New orders, Shipments and Inventories position seem to indicate that Production growth can drop further
Conclusion ( click on image for a larger visual) 
- Production growth can be expected to range between 1.90% p.a and 4.2% p.a growth towards mid’07 .
- Possibilities of drops below 1.90% exists thanks to the Orders,Shipments and Inventories position
- This could be followed by a further drop down towards (- 5.0%) towards end of 2007 early 2008.
Related links
- USA - Production grows in Mar’07 at the slowest pace since Sept’05
- Euro area - Production growth sustained in Mar’07
- Japan - Production growth rate drops in Mar’07
- UK - Production - annual growth rate slips to a negative in Mar’07
- India - Production grows in Mar’07
