Executive Briefings

U.S. Production of Household Appliances Strong, Expected to Rise 7 Percent This Year

Household appliance production in the United States is projected to increase 7 percent in 2013, 4 percent in 2014, and 4 percent in 2015, according to the Manufacturers Alliance for Productivity and Innovation. Overall, U.S. production was at a strong pace in the first quarter of 2013, decreased slightly in the second quarter, but is expected to accelerate in the coming months.

MAPI's quarterly U.S. Industrial Outlook report analyzes 27 major industries. The report said that manufacturing grew exceptionally quickly in the first quarter of 2013 - at a 5.2-percent annual rate. The second quarter saw a correction, with manufacturing declining at a 0.8-percent annual rate.

The alliance forecasts that manufacturing production will show a 2013 increase of 2.2 percent. This is less than the 3.1 percent forecast by the group in June 2013.

MAPI said a 2014 pickup is likely, with growth expected to be 3.2 percent - that's down from 3.6 percent in the June report. The alliance also expects manufacturing production will outperform GDP growth. It expects GDP to be 1.6 percent in 2013 and 2.8 percent in 2014.

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MAPI's quarterly U.S. Industrial Outlook report analyzes 27 major industries. The report said that manufacturing grew exceptionally quickly in the first quarter of 2013 - at a 5.2-percent annual rate. The second quarter saw a correction, with manufacturing declining at a 0.8-percent annual rate.

The alliance forecasts that manufacturing production will show a 2013 increase of 2.2 percent. This is less than the 3.1 percent forecast by the group in June 2013.

MAPI said a 2014 pickup is likely, with growth expected to be 3.2 percent - that's down from 3.6 percent in the June report. The alliance also expects manufacturing production will outperform GDP growth. It expects GDP to be 1.6 percent in 2013 and 2.8 percent in 2014.

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