Manufacturing production in the United States fell 0.2 percent year-on-year in April 2019, following a downwardly revised 0.7 percent rise in the previous month. It was the first decline in manufacturing output since October 2016. Manufacturing Production in the United States averaged 3.79 percent from 1920 until 2019, 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.
Manufacturing 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 Manufacturing Production in the United States to stand at 1.40 in 12 months time. In the long-term, the United States Manufacturing Production is projected to trend around 0.70 percent in 2020, according to our econometric models.