US industrial output rose 0.6 percent from a month earlier in August 2019, following a revised 0.1 percent fall in July and easily beating market forecasts of a 0.2 percent growth. That was the largest gain in industrial output since August 2018, as manufacturing production increased 0.5 percent, more than reversing its decrease in July; and the indexes for utilities and mining moved up 0.6 percent and 1.4 percent, respectively. Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2019, 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.
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 0.60 in 12 months time. In the long-term, the United States Industrial Production MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.