US factory production drops unexpectedly
The article discusses an unexpected decline in demand for factory production in the United States during June 2026, according to a report from the U.S. Department of Commerce. Demand fell by 0.3% after a 1.1% decrease in May, surpassing analyst expectations of a 0.4% increase. The decline was mainly concentrated in non-durable goods, with demand dropping by 1.2%, while demand for durable goods experienced a slight rise of 0.5%. Additionally, shipments of manufactured goods decreased by 0.2%, whereas inventories of goods increased by 0.1%. With inventories rising and shipments declining, the inventory-to-shipments ratio has increased to 1.48 times. The data indicate signs of a slowdown in the U.S. manufacturing sector, which could impact overall economic performance.
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