Manufacturing Production MoM measures the percentage change in output from the manufacturing sector in the United States compared with the previous month. This sector is crucial, accounting for a significant portion of total production, and includes major segments such as chemicals, food, machinery, and motor vehicles. Changes in manufacturing production can provide insight into overall economic performance and are closely monitored by analysts and policymakers.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.