The US manufacturing output is projected to decrease modestly over the next five years, with year-on-year changes showing a gradual decline. The values forecasted for 2024 to 2028 indicate a persistent downward trend from a growth rate of 1.3% in 2024 to 1.17% in 2028. This reflects a systematic deceleration, likely influenced by sectoral shifts and potential macroeconomic challenges. Compared to 2023, this suggests a continuation of slow growth.

Future trends to monitor include:

Impact of technological advancements and automation in enhancing production efficiency.
The role of policy changes in trade and tariffs impacting manufacturing costs and competitiveness.
Supply chain reconfigurations in response to geopolitical dynamics.