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United States Manufacturing Production Month-over-Month (MoM)

Price

0.2 %
Change +/-
-1.2 %
Percentage Change
-150.00 %

The current value of the Manufacturing Production Month-over-Month (MoM) in United States is 0.2 %. The Manufacturing Production Month-over-Month (MoM) in United States decreased to 0.2 % on 3/1/2024, after it was 1.4 % on 2/1/2024. From 6/1/1924 to 5/1/2024, the average GDP in United States was 0.26 %. The all-time high was reached on 5/1/1933 with 17.3 %, while the lowest value was recorded on 4/1/2020 with -15.5 %.

Source: Federal Reserve

Manufacturing Production Month-over-Month (MoM)

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Manufacturing Production MoM

Manufacturing Production Month-over-Month (MoM) History

DateValue
3/1/20240.2 %
2/1/20241.4 %
11/1/20230.5 %
9/1/20230.2 %
7/1/20230.4 %
4/1/20230.9 %
2/1/20230.3 %
1/1/20231.7 %
10/1/20220.1 %
9/1/20220.2 %
1
2
3
4
5
...
71

Similar Macro Indicators to Manufacturing Production Month-over-Month (MoM)

NameCurrentPreviousFrequency
🇺🇸
Automobile production
11.18 M Units11.73 M UnitsMonthly
🇺🇸
Bankruptcies
20,316 Companies18,926 CompaniesQuarter
🇺🇸
Business Climate
48.5 points48.7 pointsMonthly
🇺🇸
Business Inventories
0.5 %0.3 %Monthly
🇺🇸
Capacity Utilization
78.7 %78.2 %Monthly
🇺🇸
CFNAI Employment Index
0 points-0.05 pointsMonthly
🇺🇸
CFNAI Index for Personal Consumption and Housing
-0.02 points-0.02 pointsMonthly
🇺🇸
CFNAI Production Index
-0.28 %-0.02 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
🇺🇸
Changes in Inventory Levels
71.7 B USD17.7 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
🇺🇸
Chicago PMI
46.1 points45.3 pointsMonthly
🇺🇸
Composite Leading Indicator
99.969 points99.991 pointsMonthly
🇺🇸
Composite PMI
54.4 points54.6 pointsMonthly
🇺🇸
Consistency Index
143.15 points142.9 pointsMonthly
🇺🇸
Corn Grain Reserves
4.993 B Bushels8.347 B BushelsQuarter
🇺🇸
Corporate profits
2.727 T USD2.803 T USDQuarter
🇺🇸
Dallas Fed Manufacturing Delivery Index
2.8 points-3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Employment Index
-2.9 points-5.3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Index
-15.1 points-19.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
21.5 points20.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Production Index
0.7 points-2.8 pointsMonthly
🇺🇸
Dallas Fed New Order Index
-1.3 points-2.2 pointsMonthly
🇺🇸
Dallas Fed Service Sector Revenue Index
7.7 points1.9 pointsMonthly
🇺🇸
Dallas Fed Services Index
-4.1 points-12.1 pointsMonthly
🇺🇸
Durable Goods Orders
0 %9.8 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
5 %-3.3 %Monthly
🇺🇸
Factory Orders Excluding Transportation
0.7 %0.4 %Monthly
🇺🇸
Grain Reserves Wheat
702 M Bushels1.087 B BushelsQuarter
🇺🇸
Industrial production
0.4 %-0.7 %Monthly
🇺🇸
Industrial Production MoM
0.9 %0 %Monthly
🇺🇸
ISM Manufacturing Backlog
43.6 points41.7 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Employment
49.3 points51.1 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
50.3 points44.5 pointsMonthly
🇺🇸
ISM Manufacturing Prices
52.1 points57 pointsMonthly
🇺🇸
ISM Manufacturing Production
45.9 points48.5 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
49.3 points45.4 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
54.1 points52.2 pointsMonthly
🇺🇸
ISM Non-Manufacturing Business Activity
53.3 points54.5 pointsMonthly
🇺🇸
ISM Non-Manufacturing Employment
47.1 points45.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Prices
58.1 points59.2 pointsMonthly
🇺🇸
Kansas Fed Composite Index
-8 points-2 pointsMonthly
🇺🇸
Kansas Fed Employment Index
-7 points-12 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-1 points-18 pointsMonthly
🇺🇸
Kansas Fed Paid Prices Index
19 points18 pointsMonthly
🇺🇸
Leading Indicator
101.2 points101.7 pointsMonthly
🇺🇸
LMI Logistics Manager Index Future
66.1 points65.5 pointsMonthly
🇺🇸
LMI Storage Costs
63.6 points65.2 pointsMonthly
🇺🇸
LMI Transport Prices
61 points57.8 pointsMonthly
🇺🇸
LMI Warehouse Prices
64.5 points64.9 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
56.5 points55.3 pointsMonthly
🇺🇸
Manufacturing PMI
51.6 points51.3 pointsMonthly
🇺🇸
Manufacturing Production
0.2 %-0.7 %Monthly
🇺🇸
Mining Production
0.1 %-1.1 %Monthly
🇺🇸
New Orders
592.14 B USD563.972 B USDMonthly
🇺🇸
NFIB Business Optimism Index
90.5 points89.7 pointsMonthly
🇺🇸
NY Empire State Employment Index
-8.7 points-6.4 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-6 points-15.6 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-1 points-16.5 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
3.3 points-1.2 pointsMonthly
🇺🇸
NY Empire State Prices Paid Index
23.2 points23.4 pointsMonthly
🇺🇸
Orders for Capital Goods Excluding Defense and Aircraft
1 %-0.9 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
1.3 points4.5 pointsMonthly
🇺🇸
Philly Fed Business Climate
15.8 points15.4 pointsMonthly
🇺🇸
Philly Fed CAPEX Index
12.1 points20.1 pointsMonthly
🇺🇸
Philly Fed Employment
-2.5 points-7.9 pointsMonthly
🇺🇸
Philly Fed New Orders
-2.2 points-7.9 pointsMonthly
🇺🇸
Philly Fed Prices Paid
22.5 points18.7 pointsMonthly
🇺🇸
PMI Non-Manufacturing Sector
53.8 points49.4 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.4 %0.5 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-9 points13 pointsMonthly
🇺🇸
Richmond Fed Services Index
-1 points-11 pointsMonthly
🇺🇸
Services PMI
55.1 points54.8 pointsMonthly
🇺🇸
Soybean Grain Reserves
969 M Bushels1.845 B BushelsQuarter
🇺🇸
Steel production
7 M Tonnes6.9 M TonnesMonthly
🇺🇸
Total Vehicle Sales
15.13 M 15.82 M Monthly
🇺🇸
Vehicle Registrations
279,800 261,300 Monthly
🇺🇸
Wholesale Inventory Levels
0.6 %0.2 %Monthly

Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most significant sector and accounts for 78 percent of total production. The largest 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).

What is Manufacturing Production Month-over-Month (MoM)?

Manufacturing Production MoM (Month-over-Month) is an essential macroeconomic indicator that provides critical insights into the health and direction of an economy. At eulerpool, we recognize the significance of accurately capturing and displaying such data, as it enables economists, analysts, and business leaders to make informed decisions. This metric tracks the percentage change in the volume of output produced by the manufacturing sector from one month to the next. By analyzing this data, stakeholders can better understand the short-term trends and cyclical patterns that drive economic growth. Manufacturing Production MoM data can reflect underlying economic conditions. A positive change indicates an increase in manufacturing output, which often correlates with higher consumer demand, business investment, and overall economic expansion. Conversely, a negative change suggests a reduction in production, hinting at potential economic contraction, reduced consumer spending, or disruptions within the supply chain. For industries reliant on manufacturing, these fluctuations are pivotal indicators of future performance and planning requirements. At eulerpool, we meticulously compile and present Manufacturing Production MoM data from a variety of sources to ensure our users receive the most accurate and current information. We understand that even minute deviations in manufacturing output can have broad implications, influencing stock prices, currency valuations, and policy decisions by central banks. Our platform offers detailed historical data analyses in this category, allowing users to trace patterns, compare performance over time, and draw connections between external events and manufacturing trends. One can view Manufacturing Production MoM as a pulse check on the manufacturing sector's vitality. The manufacturing sector is a cornerstone of many economies, responsible for producing goods that range from raw materials to complex consumer products. It integrates into a broader supply chain that spans multiple sectors and regions, making the health of manufacturing a significant barometer for global economic stability. In economic terms, sustainable growth in manufacturing production is often an indicator of a robust economy. Enhanced output can lead to job creation, improved wages, and increased consumer spending, ultimately fostering a virtuous cycle of growth and prosperity. Hence, a positive MoM shift in manufacturing production can give a boost to investor confidence and drive upward movements in stock markets, particularly in equities related to the industrial and manufacturing sectors. Nonetheless, the interpretation of Manufacturing Production MoM data requires consideration of several additional factors. Seasonal adjustments are regularly applied to this data to eliminate the effects of seasonal variations and provide a clearer picture of the underlying trend. Moreover, one must consider potential external shocks or anomalies, such as natural disasters, geopolitical events, or significant policy changes, that could temporarily influence production levels. Economists and analysts often juxtapose Manufacturing Production MoM data with other economic indicators to develop comprehensive predictions and strategies. Variables such as employment rates, capacity utilization, orders for durable goods, and business confidence indices are all relevant in forming a holistic view of the economic landscape. The interplay between these various indicators can offer deeper insights, unveiling the underlying dynamics of the economy. Manufacturing sectors vary significantly from country to country, influenced by factors such as resource availability, technological advancements, labor market conditions, and government policies. For instance, in highly industrialized nations, advanced manufacturing techniques and automation play a critical role in driving production efficiency and output levels. In contrast, emerging economies may rely more heavily on labor-intensive manufacturing, facing different sets of challenges and opportunities. At eulerpool, our extensive database encompasses a wide array of international data, ensuring that users have access to a nuanced view of global manufacturing production. Another aspect to consider is the long-term trends in the manufacturing sector. While month-over-month data offers valuable immediate insights, evaluating longer-term trends can reveal shifts in industrial strategies, innovation adoption, and resilience to economic shifts. For instance, shifts towards sustainable and green manufacturing practices are becoming increasingly prominent, influenced by regulatory pressures and market demand for eco-friendly products. Understanding these evolving trends is vital for stakeholders aiming to stay ahead in the competitive landscape. Government policies and economic stimuli also play pivotal roles in shaping manufacturing production. Substantial investments in infrastructure, tax incentives, and subsidies for research and development can boost manufacturing output. Conversely, restrictive trade policies, high tariffs, or stringent regulatory frameworks can hinder production. At eulerpool, we ensure to complement our data with relevant economic policy analysis, offering context that enhances the interpretability of our manufacturing production figures. Moreover, technological innovation is a key driver of changes in Manufacturing Production MoM. The Fourth Industrial Revolution, characterized by advancements in automation, artificial intelligence, the Internet of Things (IoT), and cybersecurity, is transforming manufacturing processes. These technologies enhance production efficiency, reduce costs, and enable more robust quality controls, ultimately impacting the production figures. Our platform at eulerpool not only captures these immediate changes in production levels but also provides insights into the broader technological trends influencing the sector. Global supply chain dynamics have far-reaching effects on manufacturing production. Events such as the COVID-19 pandemic have underscored the fragility and interconnectedness of global supply chains. Disruptions in supply chains can lead to significant fluctuations in manufacturing output as companies navigate shortages in raw materials or challenges in logistical operations. At eulerpool, our data presentations consider these global narratives, offering a detailed perspective on how such disruptions reflect in the month-over-month production data. In conclusion, Manufacturing Production MoM is a critical component of macroeconomic analysis. Its implications span beyond immediate production changes, influencing economic policies, investment strategies, and market sentiments. At eulerpool, our commitment to providing comprehensive and accurate data ensures that our users grasp the nuanced dynamics of this important metric. By integrating Manufacturing Production MoM data with broader economic variables and contextual analysis, we enable stakeholders to make well-informed decisions that drive long-term economic prosperity and industrial growth.