Manufacturing employment in the US rose by 26 thousand in July 2020, missing market expectations of a 253 thousand increase. An employment gain in motor vehicles and parts (+39 thousand) was partially offset by losses in fabricated metal products (-11 thousand), machinery (-7 thousand), and computer and electronic products (-6 thousand). Although manufacturing has added 623 thousand jobs over the past 3 months, employment is 740 thousand lower than in February.
Manufacturing Payrolls in the United States averaged 3.10 Thousand from 1939 until 2020, reaching an all time high of 655 Thousand in April of 1946 and a record low of -1715 Thousand in September of 1945. This page provides the latest reported value for - United States Manufacturing Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Manufacturing Payrolls - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Manufacturing Payrolls in the United States is expected to be 500.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Payrolls in the United States to stand at 20.00 in 12 months time. In the long-term, the United States Manufacturing Payrolls is projected to trend around 2.00 Thousand in 2021, according to our econometric models.