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Manufacturing output fell 3.0% in May

Broadcast United News Desk
Manufacturing output fell 3.0% in May

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Output Manufacturing (Calendar Adjustment, Quantity)
2020 June -7.5
2020 July -3.2
2020 August -1.8
2020 September -2.2
2020 October -2.3
2020 November -1.3
2020 December 0
2021 January 0.4
2021 February -3.7
2021 March 2.7
2021 April 11.3
2021 possible 12.6
2021 June 13.4
2021 July 9.2
2021 August 5.6
2021 September 7.5
2021 October 7.9
2021 November 9.5
2021 December 12.7
2022 January 7.3
2022 February 10.6
2022 March 9
2022 April 12.3
2022 possible 10.4
2022 June 9
2022 July 8.1
2022 August 8.3
2022 September 7.9
2022 October 5.4
2022 November 3.5
2022 December 4
2023 January 2.6
2023 February 3.1
2023 March 4.3
2023 April -1.2
2023 possible -0.9
2023 June 1.3
2023 July -0.4
2023 August -1.5
2023 September -3.8
2023 October -4
2023 November -3.7
2023 December -0.5
2024 January -4.2
2024 February -1.9
2024 March -5.1
2024 April -3.4
2024 possible -3.0

Two-thirds of the industrial sector shrank

Two-thirds of industrial sectors saw output fall from a year earlier. Among the eight largest industrial sectors, output in machinery repair and installation fell the most. Output in the electronics and electrical equipment sector rose the most.

Manufacturing output in May 2024 (calendar-adjusted, volume)
Electrical and Electronics 9.1
Chemical 1.3
Metal Products 0
Food Products -1.9
Rubber and plastic products -4
mechanical -7.1
Transportation Equipment -13
Machinery maintenance and installation -26.5
Manufacturing (Total) -3
Overall, the industries mentioned above account for nearly 80% of total manufacturing output

Production fell in May

When the figures are adjusted for seasonal effects and workday patterns, they more accurately reflect changes in short-term output. After these adjustments, manufacturing output fell by 0..4 percentThere was a decrease in May compared to April.

After adjusting for seasonal and workday effects, manufacturing output typically fluctuates widely. Output fell rapidly in the spring of 2020, reaching its lowest point in May 2020. It then trended upward until May 2022. The trend has since reversed.

Output manufacturing (seasonally and calendar adjusted, quantity)
2020 June 88.1
2020 July 92.2
2020 August 94.4
2020 September 93.8
2020 October 94.8
2020 November 94.6
2020 December 93.6
2021 January 97.6
2021 February 94.4
2021 March 96.6
2021 April 97.5
2021 possible 98.2
2021 June 100
2021 July 100.3
2021 August 99.7
2021 September 100.9
2021 October 102.5
2021 November 104
2021 December 104.9
2022 January 104.9
2022 February 104.4
2022 March 105.1
2022 April 109.6
2022 possible 108.4
2022 June 108.8
2022 July 108
2022 August 107.8
2022 September 108.9
2022 October 108.2
2022 November 107.8
2022 December 108.5
2023 January 108.1
2023 February 107.5
2023 March 109.7
2023 April 108.2
2023 possible 107.4
2023 June 109.8
2023 July 107.4
2023 August 106.2
2023 September 104.9
2023 October 103.9
2023 November 104.2
2023 December 107.7
2024 January 103.9
2024 February 105.4
2024 March 103.9
2024 April 104.4
2024 possible 104.0

Manufacturer confidence continues to improve

Dutch manufacturers’ sentiment was less negative in June than in May. They were more optimistic about expected production and, in particular, less negative about current inventory levels.

Germany is an important market for Dutch manufacturing. In June, the negative sentiment among German business owners was slightly less than in May. In May, calendar-adjusted output in the German manufacturing sector fell by Every 7Compared with April, production fell by 2%.Every .9According to the German Statistical Office,

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