Industrial production in the United States slumped 15 percent over a year earlier in April 2020, the biggest decline since June 2009, as the COVID-19 pandemic led factories to suspend operations.
Industrial Production in the United States averaged 3.68 percent from 1920 until 2020, reaching an all time high of 62 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 June of 2020. source: Federal Reserve
Industrial Production in the United States is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in the United States to stand at 1.10 in 12 months time. In the long-term, the United States Industrial Production is projected to trend around 0.90 percent in 2021, according to our econometric models.