Manufacturing sector performance

FILE - In this May 13, 2020, file photo, Ford Motor Co., line workers put together ventilators that the automaker is assembling at the Ford Rawsonville plant in Ypsilanti Township, Mich. U.S. industrial production increased 0.4% in November with manufacturing receiving a boost from a rebound in output at auto plants after three months of declines. The Federal Reserve reported Tuesday, Dec. 15 that the November gain in industrial output followed an even stronger 0.9% increase in October. (AP Photo/Carlos Osorio, File)

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

FILE - In this Sept. 23, 2019, file photo, clothes dryers, top, are stacked on top of washing machines at a Home Depot store location, in Boston. Orders to U.S. factories for big-ticket manufactured goods increased a weak 0.4% in August following a much larger July gain. The Commerce Department reported Friday, Sept. 25, 2020 that the August advance marked the fourth consecutive increase but was far lower than the 11.7% surge seen in July. (AP Photo/Steven Senne, File)

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

Rows of boxed big-screen televisions sit on display at a Costco warehouse in this photograph taken Wednesday, Nov. 18, 2020, in Sheridan, Colo. Orders for big-ticket manufactured goods slow to modest gain of 1.3% in October indicating economy is slowing. (AP Photo/David Zalubowski)

FILE - In this Sept. 2, 2020 file photo, a customer wears a face mask as they carry their order past a now hiring sign at an eatery in Richardson, Texas. On Thursday, Nov. 5, the number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic. (AP Photo/LM Otero, File)

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)

FILE - This March 18, 2020 photo shows a Tesla charging station for automobiles in Port Huron, Mich. Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker says Wednesday, Oct. 21, that it made $874 million, or 27 cents per share, for its fifth-straight profitable quarter.(AP Photo/Paul Sancya, File)

Pedestrians pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks are pulling lower Friday, as Wall Street's first reaction to President Donald Trump's testing positive for the coronavirus was to retrench. (AP Photo/John Minchillo)