Manufacturing Production in the United States decreased 16.50 percent in May of 2020 over the same month in the previous year.
Manufacturing Production in the United States averaged 3.71 percent from 1920 until 2020, 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 July of 2020.
Manufacturing Production in the United States is expected to be -3.60 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 2.90 in 12 months time. In the long-term, the United States Manufacturing Production is projected to trend around 0.70 percent in 2021, according to our econometric models.