United States Industrial Production MoM  1919-2018 | Data | Chart

US industrial production edged down 0.1 percent month-over-month in May 2018, following an upwardly revised 0.9 percent growth in April and missing market expectations of a 0.2 percent gain. Manufacturing production fell sharply largely because truck assemblies were disrupted by a major fire at a parts supplier. Industrial Production Mom in the United States averaged 0.28 percent from 1919 until 2018, reaching an all time high of 16.60 percent in May of 1933 and a record low of -10.40 percent in August of 1945.

United States Industrial Production MoM
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




US Industrial Production Falls Unexpectedly in May


US industrial production edged down 0.1 percent month-over-month in May 2018, following an upwardly revised 0.9 percent growth in April and missing market expectations of a 0.2 percent gain.

Manufacturing production fell 0.7 percent in May, following a 0.6 percent advance in the previous month, largely because truck assemblies were disrupted by a major fire at a parts supplier. Durable manufacturing slumped 1.2 percent (vs 0.4 percent in April), as output shrank for: motor vehicles and parts (-6.5 percent vs -2.2 percent); primary metals (-2 percent vs -0.8 percent); electrical equipment, appliances, and components (-1.2 percent vs 2.3 percent); machinery (-0.9 percent vs 2.3 percent); and fabricated metal products (-0.2 percent vs -0.1 percent). Meanwhile, computer and electronic products output was unchanged (vs 1.4 percent in April). In addition, nondurable manufacturing edged down 0.1 percent, after a 0.7 percent advance in April, due to a drop in output of food, beverage, and tobacco products (-0.2 percent vs 1.2 percent) and petroleum and coal products (-1.1 percent vs 0.6 percent), while chemicals production rose 0.5 percent (vs 0.4 percent in April). Excluding motor vehicles and parts, factory output moved down 0.2 percent.

Mining output rose 1.8 percent in May, following a 1 percent gain in April, reflecting continued gains in the oil and gas sector.

The index for utilities advanced 1.1 percent in May after a 3.2 percent jump in April, as a gain for electric utilities (4.2 percent vs 1.7 percent) outweighed a drop for gas utilities (-15.7 percent vs 12.6 percent).

Capacity utilization for manufacturing fell 0.6 percentage point to 75.3 percent in May, a rate that is 3.0 percentage points below its long-run average. The operating rate for durables decreased nearly 1 percentage point, and the rate for nondurables edged down. The utilization rate for mining jumped to 92.4 percent, which is about 5 1/2 percentage points higher than its long-run average. The rate for utilities rose about 1/2 percentage point but was still nearly 6 percentage points below its long-run average.


Federal Reserve | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/15/2018 1:35:44 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-17 01:15 PM Industrial Production MoM 0.5% 1% 0.4% 0.2%
2018-05-16 01:15 PM Industrial Production MoM 0.7% 0.7% 0.6% 0.6%
2018-06-15 01:15 PM Industrial Production MoM -0.1% 0.9% 0.2% 0.2%
2018-07-17 01:15 PM Industrial Production MoM -0.1% 0.6% 0.5%
2018-08-15 12:45 PM Industrial Production MoM 0.2%
2018-09-14 01:15 PM Industrial Production MoM 0.6%


United States Business Last Previous Highest Lowest Unit
Business Confidence 60.20 58.70 77.50 29.40 Index Points [+]
Manufacturing PMI 55.40 56.40 57.90 50.70 [+]
Services PMI 56.50 56.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 59.10 58.60 62.00 37.60 [+]
Composite Pmi 56.20 56.60 61.00 50.00 Index Points [+]
Industrial Production 3.50 3.60 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.90 16.60 -10.40 percent [+]
Manufacturing Production 1.70 1.90 67.90 -39.40 percent [+]
Capacity Utilization 77.90 78.10 89.39 66.71 percent [+]
Durable Goods Orders -0.60 -1.00 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.50 -1.50 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 1.90 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.70 0.90 4.60 -7.20 percent [+]
New Orders 498174.00 494448.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.40 -0.40 10.60 -10.00 percent [+]
Business Inventories 0.40 0.30 1.30 -2.00 percent [+]
Changes in Inventories 13.86 15.56 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 23106.00 23157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1920.00 1767.00 1920.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.20 107.80 107.80 80.10 Index Points [+]
Ism New York Index 55.00 56.40 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 19.90 34.40 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 22.60 25.00 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 20.00 16.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.15 0.42 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 36.50 26.80 47.10 -60.10 Index Points [+]
Chicago Pmi 64.10 62.70 81.00 20.70 Index Points [+]
Car Production 2.70 3.08 9.92 1.29 Million Units [+]
Car Registrations 461.17 522.69 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.47 16.91 21.77 9.05 Million [+]
Crude Oil Stocks Change -12.63 1.25 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 51.00 78.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -694.00 -1505.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.07 122.91 184.16 70.21 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -6.80 -4.50 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 863.00 863.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 7107.00 6930.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.60 11.20 108.20 -28.80 percent [+]


United States Industrial Production MoM

In the United States, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent). Mining and quarrying account for 11 percent of production and utilities account for the remaining 11 percent. This page provides the latest reported value for - United States Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Industrial Production MoM - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.90 16.60 -10.40 1919 - 2018 percent Monthly
Volume, SA




industrial production mom by Country
Country Last
Australia 0.00 Dec/17
Brazil -10.90 May/18
Canada 0.43 Apr/18
China 0.36 Jun/18
Euro Area 1.30 May/18
France -0.20 May/18
Germany 2.60 May/18
India 4.80 May/18
Indonesia 0.70 Apr/18
Italy 0.70 May/18
Japan -0.20 May/18
Mexico 0.10 May/18
Netherlands 1.60 May/18
Russia -0.20 Jun/18
South Korea 1.10 May/18
Spain 0.90 May/18
Turkey -1.60 May/18
United Kingdom -0.40 May/18
United States -0.10 May/18


Related

Latest