Manufacturing production in the US fell 1.3 percent year-on-year in December of 2019, following an upwardly revised 0.9 percent decrease in the previous month. It is the sixth consecutive annual decline in industrial output.
Manufacturing Production in the United States averaged 3.76 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. 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.
Manufacturing Production in the United States is expected to be 0.80 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 0.90 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.