# U.S. manufacturing downturn will cut diesel consumption

> Manufacturing and freight slowdowns have already reduced diesel and other distillate consumption. About two-thirds of distillate goes to trucking, so consumption is tied to the freight cycle and is likely to fall further if manufacturing weakens.

- Date: 2023-01-06 · published 2023-01-06T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/37969-u-s-manufacturing-downturn-will-cut-diesel-consumption
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Weaker distillate demand from trucking and manufacturing points to softer diesel prices. Lower freight activity can also ease transport costs for feed.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-12-01 | [U.S. diesel use slows as manufacturing, freight falter: Kemp \| Reuters](https://feedsoft.ai/events/38427-u-s-diesel-use-slows-as-manufacturing-freight-falter-kemp-reuters.md) | -17.4% | -1.6% |
| DIESEL | 2019-05-29 | [: Global economic slowdown hits diesel consumption - Kemp](https://feedsoft.ai/events/10409-global-economic-slowdown-hits-diesel-consumption-kemp.md) | -8.6% | -3.6% |
| DIESEL | 2025-05-22 | [Distillates Down, Tonnage Down, Tariffs Up: What’s Fueling the Diesel Drop](https://feedsoft.ai/events/24880-distillates-down-tonnage-down-tariffs-up-what-s-fueling-the-diesel-drop.md) | -4.2% | +19.3% |
| DIESEL | 2023-04-25 | [Sliding Diesel Prices Signal Warning for U.S. Economy](https://feedsoft.ai/events/36578-sliding-diesel-prices-signal-warning-for-u-s-economy.md) | -5.7% | -6.2% |
| DIESEL | 2023-04-04 | [Hard-ish landing has already arrived for U.S. manufacturers](https://feedsoft.ai/events/36588-hard-ish-landing-has-already-arrived-for-u-s-manufacturers.md) | -0.5% | -14.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/europe/us-manufacturing-downturn-will-cut-diesel-consumption-2023-01-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.