Total manufacturing sales declined 0.9% to $68.7 billion in May, marking the lowest level since January 2022. The decline in May 2025 was mainly due to reduced sales in the petroleum and coal product (-8.4%) and machinery (-2.7%) subsectors. Excluding the petroleum and coal product subsector, total manufacturing sales edged down 0.1% during the same period. The declines were partially offset by a 6.9% increase in production of aerospace products and parts. Year over year, total manufacturing sales were down 4.1% in May.
On a constant dollar basis, sales decreased 0.7% in May to the lowest level since October 2021, while the Industrial Product Price Index was down 0.5%.
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