Industrial Production in the United States increased 3.3% year-on-year in October of 2022, following a downwardly revised 5% rise in September. It is the smallest annual increase since January. Manufacturing went up 2.4%, utilities 2.5% and mining 6.9%. source: Federal Reserve
Industrial Production in the United States averaged 3.59 percent from 1920 until 2022, reaching an all time high of 62.00 percent in July of 1933 and a record low of -33.70 percent in February of 1946. This page provides the latest reported value for - United States Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Industrial Production in the United States is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Industrial Production is projected to trend around 3.20 percent in 2023, according to our econometric models.