U.S. Manufacturing Production

Manufacturing Production is a measure of a month-on-month change in the manufacturing output of the United States.

Why is it important?

Once an absolute barometer of America’s well-being, manufacturing sector has lost its major share in the national GDP. However, recessions still start with a contraction in the manufacturing sector. By following this indicator investors get a hint at manufacturing conditions in the United States.

Practical application

A higher than expected reading should be taken as bullish for the USD, while a lower than expected reading should be taken as bearish for the USD.