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.