This indicator measures the year-over-year percentage change in the total value of sales made by manufacturers within a specific economy. It serves as a key barometer for the health of the industrial sector and overall economic demand. Significant growth in manufacturing sales often signals a robust economy and can lead to increased business investment and employment in the secondary sector.
Calculated by summing the total value of shipments and sales from a survey of manufacturing establishments and comparing it to the same month of the previous year. The data is usually adjusted for seasonal variations but not for inflation.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| May 15, 2013 | -1.00 | — | — |
