AI Data Insight
The US manufacturing production index slid to 97.36 in November, a year-over-year decrease of 2.2%, marking three consecutive years of contraction and reaching a new low since 2020 (excluding the pandemic period). Data indicates that the "comprehensive tariff" policy implemented in 2025 caused orders for automobiles and machinery to freeze rapidly. Although early 2026 data shows a technical rebound, structural pressures from high costs have yet to dissipate.