Manufacturing output finally surpasses pre-Great Recession

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It’s been a long slog back from the Great Recession for the manufacturing sector.

According to a U.S. Burea of Labor Statistics measurement, manufacturing output in the fourth quarter of 2018 was higher than when it peaked in the fourth quarter of 2007.

The U.S. economy was already in the grips of the Great Recession by 4Q 2007 and within a year output had dropped to 1997 levels.

Here’s a look at the BLS raw data from 2000 through 2018.

Date Manufacturing
Output
Annual
% Change
2000-01-01 99.513 3.6%
2000-04-01 100.351 3.5%
2000-07-01 99.972 2.7%
2000-10-01 99.284 0.4%
2001-01-01 97.819 -1.7%
2001-04-01 96.418 -3.9%
2001-07-01 94.818 -5.2%
2001-10-01 93.846 -5.5%
2002-01-01 94.846 -3.0%
2002-04-01 96.185 -0.2%
2002-07-01 96.819 2.1%
2002-10-01 96.660 3.0%
2003-01-01 97.043 2.3%
2003-04-01 96.526 0.4%
2003-07-01 97.025 0.2%
2003-10-01 97.858 1.2%
2004-01-01 98.114 1.1%
2004-04-01 98.607 2.2%
2004-07-01 99.378 2.4%
2004-10-01 100.849 3.1%
2005-01-01 102.605 4.6%
2005-04-01 103.131 4.6%
2005-07-01 102.777 3.4%
2005-10-01 104.149 3.3%
2006-01-01 104.689 2.0%
2006-04-01 104.593 1.4%
2006-07-01 104.860 2.0%
2006-10-01 105.289 1.1%
2007-01-01 106.523 1.8%
2007-04-01 108.168 3.4%
2007-07-01 108.447 3.4%
2007-10-01 108.699 3.2%
2008-01-01 107.695 1.1%
2008-04-01 105.498 -2.5%
2008-07-01 101.784 -6.1%
2008-10-01 96.176 -11.5%
2009-01-01 90.470 -16.0%
2009-04-01 88.535 -16.1%
2009-07-01 90.658 -10.9%
2009-10-01 92.250 -4.1%
2010-01-01 93.724 3.6%
2010-04-01 96.005 8.4%
2010-07-01 96.915 6.9%
2010-10-01 97.177 5.3%
2011-01-01 98.076 4.6%
2011-04-01 97.958 2.0%
2011-07-01 98.778 1.9%
2011-10-01 99.311 2.2%
2012-01-01 100.093 2.1%
2012-04-01 99.995 2.1%
2012-07-01 99.719 1.0%
2012-10-01 100.193 0.9%
2013-01-01 101.358 1.3%
2013-04-01 101.621 1.6%
2013-07-01 101.684 2.0%
2013-10-01 102.354 2.2%
2014-01-01 102.268 0.9%
2014-04-01 103.407 1.8%
2014-07-01 103.791 2.1%
2014-10-01 103.957 1.6%
2015-01-01 103.019 0.7%
2015-04-01 102.684 -0.7%
2015-07-01 102.835 -0.9%
2015-10-01 102.497 -1.4%
2016-01-01 102.967 -0.1%
2016-04-01 102.686 0.0%
2016-07-01 103.121 0.3%
2016-10-01 103.723 1.2%
2017-01-01 104.278 1.3%
2017-04-01 105.015 2.3%
2017-07-01 104.520 1.4%
2017-10-01 105.934 2.1%
2018-01-01 106.466 2.1%
2018-04-01 107.158 2.0%
2018-07-01 108.271 3.6%
2018-10-01 108.880 2.8%
Source: U.S. Bureau of Labor Statistics
Manufacturing Sector: Real Output, Index 2012=100,
Quarterly, Seasonally Adjusted