The trend since 2019.
The latest available read: Manufacturing Output YoY is at 1.15% as of July 2026. Source: FRED · IPMANSICS.
Why it matters.
When factories slow down, companies hire less and invest less in expansion, which ripples through employment and wage growth. A slowing manufacturing trend could signal broader economic weakness ahead, affecting job security and investment returns across your portfolio.
Where it fits.
Manufacturing Output YoY feeds the Growth view — one of the six areas behind the site's Macro IQ score.