2018 Price-Adjusted Manufacturing Production Increased by 3.44%

2018 Manufacturing Growth by Rivet MRO Industrial Marketing Agency and Distributor Co-op Marketing Consultant.png

According to a recent Industry Today article, US Manufacturing saw continued growth last year—in fact, it’s best overall percentage growth since the initial recession rebound in 2010. Here are some of the key measures from 2018:

  • Price-adjusted production: +3,44%

  • Manufacturing payrolls: +2.37% (the biggest increase since 1993)

  • Durable Goods: +5.27%

  • Non-Durable Goods: +1.56%

  • Primary Metals: +8.36%

  • Fabricated Metals: +4.79%

  • Non-electrical Machinery: +4.94%