Industrial production in the US increased 0.4% mom in June of 2021, below a downwardly revised 0.7% in May and market forecasts of 0.6%. Manufacturing output edged down 0.1%, as an ongoing shortage of semiconductors contributed to a decrease of 6.6% in the production of motor vehicles and parts. Excluding motor vehicles and parts, factory output increased 0.4%. The output of utilities advanced 2.7%, reflecting heightened demand for air conditioning, as much of the country experienced a heat wave in June. The index for mining increased 1.4%. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.26 percent from 1919 until 2021, reaching an all time high of 16.60 percent in May of 1933 and a record low of -13.60 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 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 0.40 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.

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United States Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.70 16.60 -13.60 1919 - 2021 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-15 01:15 PM Mar 1.4% -2.6% 2.8% 3.1%
2021-05-14 01:15 PM Apr 0.7% 2.4% 1% 1.3%
2021-06-15 01:15 PM May 0.8% 0.1% 0.6% 0.6%
2021-07-15 01:15 PM Jun 0.4% 0.7% 0.6% 0.6%
2021-08-17 01:15 PM Jul
2021-09-15 01:15 PM Aug
2021-10-18 01:15 PM Sep
2021-11-16 02:15 PM Oct


News Stream
US Industrial Output Below Forecasts
Industrial production in the US increased 0.4% mom in June of 2021, below a downwardly revised 0.7% in May and market forecasts of 0.6%. Manufacturing output edged down 0.1%, as an ongoing shortage of semiconductors contributed to a decrease of 6.6% in the production of motor vehicles and parts. Excluding motor vehicles and parts, factory output increased 0.4%. The output of utilities advanced 2.7%, reflecting heightened demand for air conditioning, as much of the country experienced a heat wave in June. The index for mining increased 1.4%.
2021-07-15
US Industrial Output Growth Beats Forecasts
Total industrial production in the United States increased 0.8 percent from a month earlier in May 2021, following a downwardly revised 0.1 percent gain in April and beating market expectations of a 0.6 percent advance. Manufacturing production grew 0.9 percent, reflecting, in part, a large gain in motor vehicle assemblies. Factory output excluding motor vehicles and parts increased 0.5 percent. The indexes for mining and utilities rose 1.2 percent and 0.2 percent, respectively.
2021-06-15
US Industrial Output Grows Less than Forecast
Total industrial production in the United States increased 0.7 percent from a month earlier in April 2021, easing from an upwardly revised 2.4 percent growth in March and missing market consensus of a 1.0 percent advance. Manufacturing output rose 0.4 percent, due to the return to operation of plants that were damaged by February's severe weather in the south central region of the country and had remained offline in March. However, factory output was hit by a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively.
2021-05-14
US Industrial Production Rises Less than Forecast
Industrial production in the United States increased 1.4 percent from month earlier in March 2020, missing market expectations of 2.8 percent growth and following a drop of 2.6 percent in February, which largely resulted from widespread outages related to severe winter weather in the south central region of the country. Manufacturing production and mining output advanced 2.7 percent and 5.7 percent, respectively, while utilities output dropped 11.4 percent, as the demand for heating fell because of a swing in temperatures from an unseasonably cold February to an unseasonably warm March. For the first quarter as a whole, industrial production rose 2.5 percent at an annual rate.
2021-04-15

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.