Industrial production in the United States increased 0.9 percent from a month earlier in January 2021, following a downwardly revised 1.3 percent growth in December and beating market expectations of a 0.5 percent increase. Manufacturing output rose 1.0 percent, about the same as its average gain over the previous five months. Mining production advanced 2.3 percent, while the output of utilities declined 1.2 percent. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2021, 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 March of 2021.

Industrial Production Mom in the United States is expected to be 0.20 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 0.30 in 12 months time. In the long-term, the United States Industrial Production MoM is projected to trend around 0.30 percent in 2022 and 0.20 percent in 2023, according to our econometric models.

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United States Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.30 16.60 -12.70 1919 - 2021 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-17 02:15 PM Oct 1.1% -0.4% 1% 0.8%
2020-12-15 02:15 PM Nov 0.4% 0.9% 0.3% 0.3%
2021-01-15 02:15 PM Dec 1.6% 0.5% 0.5% 0.2%
2021-02-17 02:15 PM Jan 0.9% 1.3% 0.5% 0.5%
2021-03-16 01:15 PM Feb 0.9% 0.8% 0.5%
2021-04-15 01:15 PM Mar
2021-05-14 01:15 PM Apr
2021-06-15 01:15 PM May


News Stream
US Industrial Output Growth Beats Expectations
Industrial production in the United States increased 0.9 percent from a month earlier in January 2021, following a downwardly revised 1.3 percent growth in December and beating market expectations of a 0.5 percent increase. Manufacturing output rose 1.0 percent, about the same as its average gain over the previous five months. Mining production advanced 2.3 percent, while the output of utilities declined 1.2 percent.
2021-02-17
US Industrial Output Growth Beats Expectations
Industrial production in the US advanced 1.6 percent from a month earlier in December 2020, following an upwardly revised 0.5 percent growth in November and easily beating market consensus of 0.5 percent. Manufacturing output rose 0.9 percent, an eighth consecutive monthly gain and above expectations of 0.5 percent, as most manufacturing industries posted increases. The production of durable goods other than motor vehicles and parts rose 1.5 percent, and nondurable goods production increased 0.9 percent. Within durables, primary metals posted its seventh consecutive monthly increase. Within nondurables, plastics and rubber products posted the largest gain. At the same time, utilities output jumped 6.2 percent due to a rebound in demand for heating after unseasonably warm weather in November; while mining output advanced 1.6 percent, due to continued gains in the oil and gas sector. For the fourth quarter as a whole, total industrial production rose at an annual rate of 8.4 percent.
2021-01-15
US Industrial Output Growth Slows in November
Industrial Production in the US increased 0.4 percent from a month earlier in November 2020, easing from a downwardly revised 0.9 percent growth in October and slightly beating market expectations of 0.3 percent. Still, output remained 5 percent below its pre-pandemic level. Manufacturing production advanced 0.8 percent in November, a seventh consecutive month of gains, mainly boosted by an increase of 5.3 percent for motor vehicles and parts. Meanwhile, mining production rose 2.3 percent, while utilities output declined 4.3 percent, as warmer-than-usual temperatures reduced the demand for heating. Capacity utilization for the industrial sector increased 0.3 percentage point to 73.3 percent, a rate that is 6.5 percentage points below its long-run (1972–2019) average but 9.1 percentage points above its low in April.
2020-12-15
US Industrial Output Grows 1.1% in October
Industrial production rose 1.1 percent from a month earlier in October 2020, rebounding from a revised 0.4 percent drop in September and slightly beating market expectations of 1.0 percent. The index has recovered much of its 16.5 percent decline from February to April, but output in October was still 5.6 percent lower than its pre-pandemic level. Manufacturing output increased 1.0 percent and the output of utilities rose 3.9 percent, while the output at mines declined 0.6 percent. Total industrial production was 5.3 percent lower in October than it was a year earlier.
2020-11-17

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.