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# Leading Indicator
- URL: https://steel-veritas.ghost.io/leading-indicator/
- Published: 2026-09-02T19:40:22.000Z
- Updated: 2026-09-02T19:40:22.000Z
- Author: David Adams

Published September 02, 2026

### September 2026 Report

#### ITR Leading Indicator™

INDICATOR TREND SUPPORTS MILD RISE FOR US INDUSTRIAL PRODUCTION INTO EARLY 2027

In August, the ITR Leading Indicator™ was relatively steady with the prior month. The general trajectory of modest rise in the Indicator supports mild US Industrial Production expansion into at least early 2027.

![](https://storage.ghost.io/c/39/50/39506992-09de-45b1-9a80-a27a63f14a8d/content/images/2026/09/image-1.png)