United States Industrial Production MoM  1919-2018 | Data | Chart

Industrial production in the US increased 0.4 percent month-over-month in August of 2018, following an upwardly revised 0.4 percent rise in July and beating market expectations of a 0.3 percent increase. Manufacturing moved up 0.2 percent, boosted by a 4 percent rise in motor vehicles and parts with motor vehicle assemblies jumping to an annual rate of 11.5 million units, the strongest since April. Excluding the gain in motor vehicles and parts, factory output was unchanged. Industrial Production Mom in the United States averaged 0.28 percent from 1919 until 2018, 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.

United States Industrial Production MoM
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US Industrial Output Rises More than Expected


Industrial production in the US increased 0.4 percent month-over-month in August of 2018, following an upwardly revised 0.4 percent rise in July and beating market expectations of a 0.3 percent increase. Manufacturing moved up 0.2 percent, boosted by a 4 percent rise in motor vehicles and parts with motor vehicle assemblies jumping to an annual rate of 11.5 million units, the strongest since April. Excluding the gain in motor vehicles and parts, factory output was unchanged.

Within manufacturing, the index for durables rose 1.0 percent, while the indexes for nondurables and for other manufacturing (publishing and logging) declined 0.5 percent and 0.9 percent, respectively. Within durables, the largest increases were recorded by motor vehicles and parts, primary metals, and machinery, while the only sizable decrease was registered by furniture and related products. By contrast, within nondurables, only textile and product mills posted a gain.

Mining output rose 0.7 percent in August; it has advanced more than 14 percent in the past 12 months, supported by substantial increases in the oil and gas sector. The index for utilities moved up 1.2 percent in August, as a rebound for electric utilities outweighed a small decline for gas utilities.

Capacity utilization for manufacturing edged up in August to 75.8 percent, 2 1/2 percentage points below its long-run average. The operating rate for durables increased, but the rates for nondurables and for other manufacturing both decreased. The utilization rate for mining rose to 92.0 percent and remained well above its long-run average. The rate for utilities went up to 78.0 percent but was more than 7 percentage points below its long-run average.

Year-on-year, industrial output increased 4.9 percent, the biggest annual gain since December of 2010.


Fed | Joana Taborda | joana.taborda@tradingeconomics.com
9/14/2018 1:35:29 PM


Recent Releases

US Industrial Output Growth Weaker than Expected
US industrial output edged up 0.1 percent month-over-month in July 2018, following an upwardly revised 1 percent increase in June and missing market expectations of a 0.3 percent gain. Manufacturing production continued to grow while there was a contraction in both utilities and mining output.
Published on 2018-08-15

US Industrial Output Rebounds in June
US industrial output rose 0.6 percent month-over-month in June 2018, recovering from an upwardly revised 0.5 percent contraction in May and matching market expectations. The production of motor vehicles and parts rebounded last month after truck assemblies fell sharply in May because of a disruption at a parts supplier.
Published on 2018-07-17

US Industrial Production Falls Unexpectedly in May
US industrial production edged down 0.1 percent month-over-month in May 2018, following an upwardly revised 0.9 percent growth in April and missing market expectations of a 0.2 percent gain.
Published on 2018-06-15

US Industrial Output Rises More than Expected in April
US industrial production increased by 0.7 percent month-over-month in April 2018, the same pace as in March and beating market expectations of a 0.6 percent gain. It was the third consecutive monthly increase in output, boosted by advances in both manufacturing and mining production while utilities growth slowed.
Published on 2018-05-16



Calendar GMT Actual Previous Consensus TEForecast
2018-07-17 01:15 PM Industrial Production MoM 0.6% -0.5% 0.6% 0.5%
2018-08-15 01:15 PM Industrial Production MoM 0.1% 1% 0.3% 0.2%
2018-09-14 01:15 PM Industrial Production MoM 0.4% 0.4% 0.3% 0.5%
2018-10-16 01:15 PM Industrial Production MoM 0.4% 0.3%
2018-11-16 02:15 PM Industrial Production MoM 0.4%
2018-12-14 02:15 PM Industrial Production MoM 0.2%


United States Business Last Previous Highest Lowest Unit
Business Confidence 61.30 58.10 77.50 29.40 Index Points [+]
Manufacturing PMI 54.70 55.30 57.90 50.70 [+]
Services PMI 54.80 56.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 58.50 55.70 62.00 37.60 [+]
Composite Pmi 54.70 55.70 61.00 50.00 Index Points [+]
Industrial Production 4.90 4.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.40 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.10 2.60 67.90 -39.40 percent [+]
Capacity Utilization 78.08 77.90 89.39 66.71 percent [+]
Durable Goods Orders -1.70 0.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.00 1.20 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.20 0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.20 0.40 4.60 -7.20 percent [+]
New Orders 497754.00 501718.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.80 0.60 10.60 -10.00 percent [+]
Business Inventories 0.60 0.10 1.30 -2.00 percent [+]
Changes in Inventories -26.93 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 2012.60 1965.30 2012.60 14.70 USD Billion [+]
NFIB Business Optimism Index 108.80 107.90 108.80 80.10 Index Points [+]
Ism New York Index 76.50 75.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 11.90 25.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 19.00 25.60 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 24.00 20.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.13 0.48 2.76 -5.21 [+]
Dallas Fed Manufacturing Index 30.90 32.30 47.10 -60.10 Index Points [+]
Chicago Pmi 63.60 65.50 81.00 20.70 Index Points [+]
Car Production 2.45 3.00 9.92 1.29 Million Units [+]
Car Registrations 464.21 525.48 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.72 16.77 21.77 9.05 Million [+]
Crude Oil Stocks Change -5.30 -4.30 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 69.00 63.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1250.00 1845.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.61 123.25 123.61 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 1.25 -8.64 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 867.00 860.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 7275.00 6847.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 14.10 12.70 108.20 -28.80 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 16.60 -10.40 1919 - 2018 percent Monthly
Volume, SA




industrial production mom by Country
Country Last
Argentina 0.60 Oct/15
Australia 2.20 Mar/18
Brazil -0.20 Jul/18
Canada 0.53 May/18
China 0.52 Aug/18
Euro Area -0.80 Jul/18
France 0.70 Jul/18
Germany -1.10 Jul/18
India -1.30 Jul/18
Indonesia -8.13 Jun/18
Italy -1.80 Jul/18
Japan -0.20 Jul/18
Mexico 0.20 Jul/18
Netherlands -0.60 Jul/18
Russia 2.70 Aug/18
Saudi Arabia 0.59 Mar/18
Singapore -1.70 Jul/18
South Africa 1.60 Jul/18
South Korea 0.40 Jul/18
Spain -0.30 Jul/18
Turkey 3.50 Jul/18
United Kingdom 0.10 Jul/18
United States 0.40 Aug/18


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