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Overall Manufacturing Production Up 0.89% in May: Impacts of China Tariffs on the U.S. Manufacturing Remains Unclear

US Manufacturing production from April to May

US manufacturing production was up 0.89% from April to May, showing less of an impact from President Trump’s tariffs on steel and aluminum imports than expected. Compared to other manufacturing, metals-using industries demonstrated slower growth. Meanwhile, Boeing’s bans on 737 Max models decreased the use of machinery and fabricated metals products. How the tariffs imposed on the products imported from China going to affect the U.S. manufacturing remains unclear. According to IndustryToday, when compared last quarter’s growth to 2018 growth, no consistent trend was found. Thus, it is hard to discern the future effects of China tariffs in long run.

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