Total industrial production in the United States fell 0.6 percent in September 2020, its first decline in five months, and missing market expectations of 0.5 percent growth. With the September decline, the production remained 7.1 percent below its pre-pandemic February level. Manufacturing output decreased 0.3 percent and was 6.4 percent below February's level while the output of utilities dropped 5.6 percent, as demand for air conditioning fell by more than usual in September. Meanwhile, mining production increased by 1.7 percent.

Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2020, reaching an all time high of 16.60 percent in May of 1933 and a record low of -12.70 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Industrial Production Mom in the United States is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in the United States to stand at 0.20 in 12 months time. In the long-term, the United States Industrial Production MoM is projected to trend around 0.30 percent in 2021 and 0.20 percent in 2022, according to our econometric models.

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United States Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 0.40 16.60 -12.70 1919 - 2020 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-15 01:15 PM Jun 5.4% 1.4% 4.3% 4%
2020-08-14 01:15 PM Jul 3% 5.7% 3% 2.8%
2020-09-15 01:15 PM Aug 0.4% 3.5% 1% 1%
2020-10-16 01:15 PM Sep -0.6% 0.4% 0.5% 0.5%
2020-11-17 02:15 PM Oct -0.6%
2020-12-15 02:15 PM Nov


News Stream
US Industrial Output Unexpectedly Falls
Total industrial production in the United States fell 0.6 percent in September 2020, its first decline in five months, and missing market expectations of 0.5 percent growth. With the September decline, the production remained 7.1 percent below its pre-pandemic February level. Manufacturing output decreased 0.3 percent and was 6.4 percent below February's level while the output of utilities dropped 5.6 percent, as demand for air conditioning fell by more than usual in September. Meanwhile, mining production increased by 1.7 percent.
2020-10-16
US Industrial Output Growth Below Expectations
Total industrial production in the United States rose 0.4 percent in August 2020, missing market consensus of a 1 percent growth. It was the fourth consecutive monthly increase in industrial output, although it remained 7.3 percent below its pre-pandemic February level. Manufacturing production advanced 1 percent, with the gains for most industries having gradually slowed since June. Durable manufacturing rose 0.7 percent, as a decline in the output of motor vehicles and parts was more than offset by broad-based increases for other durable goods industries. Nondurables output rose 1.2 percent, with gains of more than 3 percent for apparel and leather and for plastics and rubber products. By contrast, mining production fell 2.5 percent, as Tropical Storm Marco and Hurricane Laura caused sharp but temporary drops in oil and gas drilling and extraction. The output of utilities moved down 0.4 percent, with small decreases for both electric and gas utilities.
2020-09-15
US Industrial Production Rises Firmly in July
Total industrial production in the United States rose 3.0 percent from a month earlier in July 2020 after increasing 5.7 percent in June, matching market expectations. Still, the activity remained 8.4 percent below its pre-pandemic February level. Manufacturing output advanced 3.4 percent, beating market forecasts, with major industries posting increases, though they were much smaller in magnitude than the advances recorded in June. The largest gain in July was registered by motor vehicles and parts (28.3 percent); factory production elsewhere advanced 1.6 percent. Mining production rose 0.8 percent after decreasing for five consecutive months, while the output of utilities increased 3.3 percent, as unusually warm temperatures increased the demand for air conditioning.
2020-08-14
US Industrial Output Rises More than Expected
Total industrial production in the United States rose 5.4 percent from a month earlier in June 2020 after increasing 1.4 percent in May, beating market expectations of a 4.3 percent growth. That was the largest increase in industrial production since December 1959, as many businesses resumed operations following coronavirus-related restrictions. Manufacturing output climbed 7.2 percent, but it was still 11.1 percent below its pre-pandemic February level, as motor vehicles and parts jumped 105.0 percent, while factory production elsewhere rose 3.9 percent. In addition, utilities output grew 4.2 percent, as both gas and electric utilities posted gains, while mining output fell 2.9 percent, with declines in nearly all categories. For the second quarter as a whole, industrial output fell 42.6 percent at an annual rate, its largest quarterly decrease since the industrial sector retrenched after World War II.
2020-07-15

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.