Industrial production in the United States decreased 0.2% from a month earlier in August of 2022, missing market expectations of a 0.1%. Manufacturing output edged up 0.1%, down from a 0.6% rise in the previous month. The index for durable manufacturing was unchanged, the index for nondurable manufacturing rose 0.2%, and the index for other manufacturing (publishing and logging) edged down 0.1%. Within durables, gains of at least 1.0% were recorded by machinery, by computer and electronic products, by aerospace and miscellaneous transportation equipment, and by miscellaneous manufacturing. Losses of more than 1% were registered by wood products, by motor vehicles and parts, and by furniture and related products. Within nondurables, increases for petroleum and coal products, paper, and chemicals offset decreases for most other industries. The index for mining was unchanged, and the index for utilities decreased 2.3%. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2022, reaching an all time high of 16.60 percent in May of 1933 and a record low of -13.20 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 September of 2022.

Industrial Production Mom in the United States is expected to be 0.80 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 MoM is projected to trend around 1.20 percent in 2023 and 0.20 percent in 2024, according to our econometric models.

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United States Industrial Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 01:15 PM Jul 0.6% 0% 0.3% 0.1%
2022-09-15 01:15 PM Aug -0.2% 0.5% 0.1% 0.3%
2022-10-18 01:15 PM Sep -0.2%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 0.50 percent Aug 2022
Industrial Production 3.70 3.80 percent Aug 2022
Manufacturing Production 3.30 2.90 percent Aug 2022
Capacity Utilization 79.96 80.20 percent Aug 2022
Car Production 1.78 1.92 Million Units Aug 2022
Manufacturing Production MoM 0.10 0.60 Percent Aug 2022
Mining Production 8.40 8.30 percent Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.50 16.60 -13.20 1919 - 2022 percent Monthly
Volume, SA

News Stream
US Industrial Output Misses Market Expectations
Industrial production in the United States decreased 0.2% from a month earlier in August of 2022, missing market expectations of a 0.1%. Manufacturing output edged up 0.1%, down from a 0.6% rise in the previous month. The index for durable manufacturing was unchanged, the index for nondurable manufacturing rose 0.2%, and the index for other manufacturing (publishing and logging) edged down 0.1%. Within durables, gains of at least 1.0% were recorded by machinery, by computer and electronic products, by aerospace and miscellaneous transportation equipment, and by miscellaneous manufacturing. Losses of more than 1% were registered by wood products, by motor vehicles and parts, and by furniture and related products. Within nondurables, increases for petroleum and coal products, paper, and chemicals offset decreases for most other industries. The index for mining was unchanged, and the index for utilities decreased 2.3%.
2022-09-15
US Industrial Output Growth Beats Estimates
Industrial production in the United States rose 0.6% from a month earlier in July of 2022, surpassing market expectations of a 0.3% increase and edging higher from the revised stagnation in June. Manufacturing output rose by 0.7%, rebounding from the 0.4% decrease in the previous month with durable and non-durable manufacturing rising by 1.3% and 0.1%, respectively. Within manufacturing of durable goods, motor vehicles production gained 6.6%, while fabricated metals, aerospace, and miscellaneous transportation equipment all added more than 1%. Within non-durable manufacturing, higher output was focused on apparel and leather, and chemicals. Also, the index for mining was 0.7% higher, easing from the 2% jump in the prior month. Capacity utilization rose by 0.4 percentage points to 80.3% in July, 0.7 percentage points above its long-run average.
2022-08-16
US Industrial Output Unexpectedly Falls
Industrial production in the United States decreased 0.2% from a month earlier in June of 2022, missing market expectations of a 0.1% increase and after being unchanged in May. Manufacturing output declined 0.5% for a second consecutive month with durable and nondurable manufacturing decreasing 0.3% and 0.8%, respectively. Within durable manufacturing, declines of more than 1% in primary metals, machinery, and motor vehicles and parts outweighed gains of more than 1% in miscellaneous manufacturing and in electrical equipment, appliances, and components. Within nondurable manufacturing, every group except for two posted a decline of at least 0.8%. At the same time, the index for mining advanced 1.7%, while the index for utilities fell 1.4%. Capacity utilization decreased 0.3 percentage points to 80.0 percent in June, a rate that is 0.4 percentage points above its long-run average.
2022-07-15