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United States Manufacturing Production

Manufacturing Production in the United States increased 3.50 percent in December of 2021 over the same month in the previous year. source: Federal Reserve

Manufacturing Production in the United States averaged 3.65 percent from 1920 until 2021, reaching an all time high of 67.90 percent in July of 1933 and a record low of -39.40 percent in February of 1946. This page provides the latest reported value for – United States Manufacturing Production – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Manufacturing Production – data, historical chart, forecasts and calendar of releases – was last updated on January of 2022.

Manufacturing Production in the United States is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Manufacturing Production is projected to trend around 1.00 percent in 2023 and 0.70 percent in 2024, according to our econometric models.

United States Manufacturing Production

Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector and accounts for 78 percent of total production. The biggest segments within the sector are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent).