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United States Manufacturing Production

Price

0.3 %
Change +/-
-0.8 %
Percentage Change
-114.29 %

The current value of the Manufacturing Production in United States is 0.3 %. The Manufacturing Production in United States decreased to 0.3 % on 3/1/2024, after it was 1.1 % on 12/1/2023. From 6/1/1924 to 10/1/2024, the average GDP in United States was 3.44 %. The all-time high was reached on 7/1/1933 with 67.9 %, while the lowest value was recorded on 2/1/1946 with -39.4 %.

Source: Federal Reserve

Manufacturing Production

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Manufacturing Production

Manufacturing Production History

DateValue
3/1/20240.3 %
12/1/20231.1 %
2/1/20230.1 %
1/1/20231.1 %
11/1/20220.6 %
10/1/20222.2 %
9/1/20223.6 %
8/1/20222.4 %
7/1/20221.9 %
6/1/20222.7 %
1
2
3
4
5
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86

Similar Macro Indicators to Manufacturing Production

NameCurrentPreviousFrequency
🇺🇸
Automobile production
11.18 M Units11.73 M UnitsMonthly
🇺🇸
Bankruptcies
22,762 Companies22,060 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
-0.21 %0.04 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
🇺🇸
Changes in Inventory Levels
60.2 B USD71.7 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
🇺🇸
Chicago PMI
41.6 points46.6 pointsMonthly
🇺🇸
Composite Leading Indicator
100.095 points100.04 pointsMonthly
🇺🇸
Composite PMI
54.1 points54 pointsMonthly
🇺🇸
Consistency Index
143.15 points142.9 pointsMonthly
🇺🇸
Corn Grain Reserves
1.76 B Bushels4.993 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
-0.8 %-0.8 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
-0.5 %-0.8 %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
42.3 points44.1 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Employment
49.3 points51.1 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
42.6 points43.9 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
57.2 points59.9 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
-2 points-11 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
7 points-12 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 MoM
0.9 %-0.4 %Monthly
🇺🇸
Mining Production
-1.5 %-2.5 %Monthly
🇺🇸
New Orders
584.245 B USD587.023 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
29 points23.2 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
36.7 points15.8 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
0.2 %0.6 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-9 points13 pointsMonthly
🇺🇸
Richmond Fed Services Index
3 points-1 pointsMonthly
🇺🇸
Services PMI
55.1 points54.8 pointsMonthly
🇺🇸
Soybean Grain Reserves
969 M Bushels1.845 B BushelsQuarter
🇺🇸
Steel production
6.7 M Tonnes7 M TonnesMonthly
🇺🇸
Total Vehicle Sales
16 M 15.8 M Monthly
🇺🇸
Vehicle Registrations
279,800 261,300 Monthly
🇺🇸
Wholesale Inventory Levels
0.6 %0.2 %Monthly

Manufacturing production gauges the output of businesses within the manufacturing sector. This sector is the most significant, contributing 78 percent of total production. The primary segments within this sector include 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?

Manufacturing Production: The Engine Behind Macroeconomic Growth Manufacturing Production stands as a pivotal category within the broad spectrum of macroeconomic indicators, reflecting the vitality and potential trajectory of an economy. At Eulerpool, we emphasize the immense significance of this sector, providing exhaustive data that delve into the intricate dynamics of manufacturing activities. This analytical overview of Manufacturing Production aims to shed light on its multifaceted aspects, underlining its critical role in the macroeconomic landscape. Manufacturing Production encapsulates the overall output of factories, mines, and utilities within an economy. It is a core component of the industrial sector, contributing significantly to Gross Domestic Product (GDP). The performance of manufacturing production is a crucial barometer of economic health, influencing employment, investment, and trade dynamics. The sector's relevance is underscored by its extensive supply chains and its capacity to drive technological advancements and productivity improvements. One of the primary reasons Manufacturing Production is a focal point for economists and policymakers is its high sensitivity to business cycles. During periods of economic expansion, manufacturing production typically experiences robust growth, fuelled by rising consumer demand, increased capital investments, and favorable credit conditions. Conversely, during economic contractions, the sector is often among the first to witness declines as demand wanes and businesses curtail production in anticipation of lower sales. This cyclical nature makes manufacturing production a leading indicator, providing early signals about the broader economic direction. Moreover, Manufacturing Production is intrinsically linked to the labor market. The sector employs a substantial workforce across various skill levels, from unskilled labor to highly specialized technicians and engineers. Changes in manufacturing output directly impact employment levels, wage growth, and overall labor market conditions. A thriving manufacturing sector generates job opportunities, fosters skill development, and contributes to income stability, thereby reinforcing consumer spending and supporting economic growth. In international trade, Manufacturing Production plays a critical role in shaping a country’s trade balance. Nations with robust manufacturing sectors tend to be significant exporters of goods, ranging from automobiles and machinery to electronics and pharmaceuticals. These exports are vital for earning foreign exchange, reducing trade deficits, and enhancing national economic resilience. Conversely, countries with declining manufacturing output often contend with trade imbalances, relying heavily on imports to meet domestic demand, which can lead to currency depreciation and economic vulnerabilities. Technological innovation is another domain where Manufacturing Production exerts substantial influence. The sector is a hotbed for research and development (R&D), driving advancements in automation, materials science, and production techniques. These technological strides not only enhance manufacturing efficiency and productivity but also have spillover effects across other sectors, fueling broader economic progress. For instance, innovations in manufacturing processes can lead to cost reductions, higher quality products, and the creation of entirely new industries, thereby fostering an environment conducive to sustained economic growth. Manufacturing Production also has a profound impact on regional economic development. Industrial clusters and manufacturing hubs often become the nucleus of regional economies, attracting ancillary businesses, fostering innovation ecosystems, and creating high-value jobs. These regions benefit from economies of scale, improved infrastructure, and better access to markets, which collectively enhance their economic competitiveness and prosperity. By driving regional development, manufacturing production contributes to balanced national economic growth and reduces regional disparities. Environmental sustainability is an increasingly critical consideration in the context of Manufacturing Production. The sector is a significant consumer of natural resources and a substantial contributor to greenhouse gas emissions. Therefore, sustainable manufacturing practices are imperative for mitigating environmental impacts and ensuring long-term economic viability. The adoption of cleaner technologies, energy-efficient processes, and waste minimization techniques are essential steps towards achieving environmental sustainability in manufacturing. These practices not only reduce the ecological footprint but also enhance the sector’s competitiveness by aligning with global sustainability standards and consumer preferences. The interplay between Manufacturing Production and monetary policy is another intricate aspect deserving attention. Central banks closely monitor manufacturing output as part of their mandate to maintain economic stability. Fluctuations in manufacturing production can influence inflationary pressures, capacity utilization, and overall economic output, thereby informing monetary policy decisions. For instance, a surge in manufacturing output might lead to higher demand for raw materials and intermediate goods, potentially driving up prices and prompting central banks to adjust interest rates to contain inflation. Conversely, a slump in manufacturing activity could signal economic weakness, encouraging monetary easing to stimulate growth. At Eulerpool, we capture these intricate dynamics through comprehensive and real-time data on Manufacturing Production. Our platform offers detailed insights into production indices, sector-specific performance, employment trends, and technological advancements within the manufacturing sector. Our data-driven approach provides a nuanced understanding of how manufacturing production influences and is influenced by various macroeconomic factors. In conclusion, Manufacturing Production is a cornerstone of macroeconomic analysis, reflecting the underlying health and growth prospects of an economy. Its intricate connections with business cycles, labor markets, international trade, technological innovation, regional development, environmental sustainability, and monetary policy underscore its multifaceted impact on the broader economic landscape. By providing robust and real-time data, Eulerpool empowers stakeholders to make informed decisions, fostering a deeper understanding of the manufacturing production sector and its pivotal role in driving economic growth and development.