Manufacturing production in the United States declined by 1% over a year in November 2024, after a revised 0.7% fall in the prior month and defying market forecasts of a 0.1% rise. This marked the fifth consecutive month of contraction in manufacturing activity. source: Federal Reserve

Manufacturing Production in the United States decreased 1 percent in November of 2024 over the same month in the previous year. Manufacturing Production in the United States averaged 3.55 percent from 1920 until 2024, 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 January of 2025.

Manufacturing Production in the United States decreased 1 percent in November of 2024 over the same month in the previous year. Manufacturing Production in the United States is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-15 02:15 PM
Manufacturing Production YoY
Oct -0.3% -0.6% -0.4%
2024-12-17 02:15 PM
Manufacturing Production YoY
Nov -1% -0.7% 0.1% 0.1%
2025-01-17 02:15 PM
Manufacturing Production YoY
Dec -1% -0.7%

Components Last Previous Unit Reference
Car Production 10.41 9.96 Million Units Nov 2024

Related Last Previous Unit Reference
Capacity Utilization 76.80 77.00 percent Nov 2024
Industrial Production YoY -0.90 -0.50 percent Nov 2024
Industrial Production MoM -0.10 -0.40 percent Nov 2024
Manufacturing Production YoY -1.00 -0.70 percent Nov 2024
Manufacturing Production MoM 0.20 -0.70 Percent Nov 2024
Mining Production -1.30 -0.60 percent Nov 2024

United States Manufacturing Production
Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector and accounts for 78 percent of total production. The biggest 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).
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -0.70 67.90 -39.40 1920 - 2024 percent Monthly
2017=100, SA