Federal Reserve: US manufacturing output flat in May 2026
Business
US manufacturing output didn't budge in May 2026, basically staying flat after a decent 0.7% bump in April, said the Federal Reserve.
Economists were expecting at least a little growth, but things balanced out: durable goods like cars actually went up by 0.8%, while stuff like food and textiles slipped by 0.9%.
US manufacturing up 1.4% annually
Compared to last year, manufacturing is still up 1.4%, so it's not all bad news, just a bit of a mixed bag lately.
These numbers matter because steady (or stuck) output indicates a pause in manufacturing growth.