This report forecasts US manufacturers' shipments in nominal and real (inflation-adjusted) US dollars to 2021. Total nominal shipments are segmented by product in terms of transport equipment, metal and nonmetallic mineral products, electrical and electronic products, machinery, other durable goods, food and beverages, chemical and allied products, petroleum and coal products, plastic and rubber products, and other nondurable goods.
To illustrate historical trends, total nominal and real shipments, the various segments, and trade are provided in annual series from 2006 to 2016. A Market Environment section provides pertinent background on historical trends, key economic indicators, trade, global manufacturing trends, and environmental and regulatory factors. A Segmentation and Forecasts section defines products, discusses market drivers and constraints, identifies substitute products when applicable, and assesses the impact of key drivers and constraints on each product segment over the forecast period.
Further analysis includes an Industry Structure section, which surveys the major industries competing in the US market and outlines US manufacturing establishments. An introductory Highlights section summarizes key findings from this 35-page report, and a Resources section lists contributing sources as well as resources available for further research.