The reading has fallen in each of the last 3 releases.
This indicator tracks the annual change in the inflation-adjusted value of output produced by the manufacturing sector. Manufacturing is often considered a leading indicator of the broader economy due to its sensitivity to consumer demand and interest rates. A steady increase in production suggests industrial growth and healthy business investment.
The YoY percentage is calculated by comparing the total manufacturing output of the current month to the output of the same month in the previous year, using volume indices.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 9, 2022 | 4.10 | — | — |
| Aug 10, 2022 | 6.20 | — | — |
| Jul 8, 2022 | 10.00 | — | — |
| Jun 10, 2022 | 13.70 | — | — |
| May 10, 2022 | 7.20 | — | — |
| Apr 8, 2022 | 10.20 | — | — |
| Mar 10, 2022 | 7.90 | — | — |
| Feb 10, 2022 | 12.60 | — | — |
| Jan 10, 2022 | 10.60 | — | — |
| Dec 10, 2021 | 9.90 | — | — |
| Nov 10, 2021 | 10.90 | — | — |
The latest reading is within its usual range, less than one standard deviation from the mean.
