Total industrial production in the US increased 1.4 percent from a month earlier in May 2020 after falling at a record 12.5 percent in April and missing market expectations of a 2.9 percent rebound. Manufacturing output rose 3.8 percent in May as many factories resumed at least partial operations following suspensions related to COVID-19. Within manufacturing, most major industries posted increases, with the largest gain registered by motor vehicles and parts. The indexes for defense and space equipment, construction supplies, and business supplies also recorded gains. Mining and utilities output declined 6.8 percent and 2.3 percent, respectively.

Industrial Production Mom in the United States averaged 0.26 percent from 1919 until 2020, reaching an all time high of 16.60 percent in May of 1933 and a record low of -12.50 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 July of 2020.

Industrial Production Mom in the United States is expected to be 1.20 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 0.20 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
1.40 -12.50 16.60 -12.50 1919 - 2020 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-17 01:15 PM Feb 0.6% -0.5% 0.4% 0.3%
2020-04-15 01:15 PM Mar -5.4% 0.5% -4% -3.8%
2020-05-15 01:15 PM Apr -11.2% -4.5% -11.5% -12.3%
2020-06-16 01:15 PM May 1.4% -12.5% 2.9% 2.8%
2020-07-15 01:15 PM Jun 1.4% 4.2% 3.8%
2020-08-14 01:15 PM Jul
2020-09-15 01:15 PM Aug
2020-10-16 01:15 PM Sep 0.3%


News Stream
US Industrial Production Rises Less than Forecast
Total industrial production in the US increased 1.4 percent from a month earlier in May 2020 after falling at a record 12.5 percent in April and missing market expectations of a 2.9 percent rebound. Manufacturing output rose 3.8 percent in May as many factories resumed at least partial operations following suspensions related to COVID-19. Within manufacturing, most major industries posted increases, with the largest gain registered by motor vehicles and parts. The indexes for defense and space equipment, construction supplies, and business supplies also recorded gains. Mining and utilities output declined 6.8 percent and 2.3 percent, respectively.
2020-06-16
US Industrial Output Falls the Most on Record
Total industrial production in the US fell 11.2 percent from a month earlier in April 2020, its largest drop in the 101-year history of the index and compared to market expectations of an 11.5 percent decline, as the COVID-19 pandemic led many factories to slow or suspend operations throughout the month. Manufacturing output dropped 13.7 percent, its largest decline on record, led by a 70 percent plunge in motor vehicles and parts output. Production elsewhere in manufacturing dropped 10.3 percent. In addition, the indexes for utilities and mining decreased 0.9 percent and 6.1 percent, respectively.
2020-05-15
US Industrial Output Falls the Most in 74 Years
Total industrial production in the United States slumped 5.4 percent from a month earlier in March 2020, the largest drop since January 1946 and compared to market expectations of a 4 percent plunge. Manufacturing output fell 6.3 percent, the most since February 1946, as the coronavirus pandemic led many factories to suspend operations late in the month. The declines were led by a 28.0 percent tumble in motor vehicles and parts output. Other industries also recorded steep contractions such as fabricated metal products, aerospace & miscellaneous transportation equipment, furniture & related products, apparel & leather, textile & product mills, and printing & support. The indexes for utilities and mining declined 3.9 percent and 2.0 percent, respectively.
2020-04-15
US Industrial Output Rises More than Forecast
Industrial production in the US increased by 0.6 percent from a month earlier in February 2020, recovering from a revised 0.5 percent drop in the January and beating market consensus of a 0.4 percent growth. Manufacturing activity edged up 0.1 percent boosted by a large gain for motor vehicles and parts, while production of civilian aircraft fell sharply. In addition, utilities output jumped 7.1 percent, as temperatures returned to more typical levels following an unseasonably warm January. In contrast, mining output contracted 1.5 percent, reflecting broad-based declines among its components.
2020-03-17

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.