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

US industrial production fell unexpectedly by 0.1 percent month-over-month in January 2018, following a downwardly revised 0.4 percent increase in December and missing market expectations of a 0.2 percent gain. Mining output contracted while manufacturing production showed no growth. 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 Falls Unexpectedly in January


US industrial production fell unexpectedly by 0.1 percent month-over-month in January 2018, following a downwardly revised 0.4 percent increase in December and missing market expectations of a 0.2 percent gain.

Mining output continued to shrink in January (-1 percent vs -0.4 percent in December), while manufacturing production was unchanged for the second consecutive month. Durable manufacturing went up 0.2 percent, the same pace as in the previous month, as output rose for machinery (0.6 percent vs -0.1 percent), motor vehicles and parts (0.6 percent vs 1.1 percent) and computer and electronic products (1.3 percent vs 0.7 percent). By contrast, nondurable manufacturing was flat, following a decline of 0.3 percent in December. Chemicals production grew 0.4 percent (vs -0.7 percent in December), while food, beverage, and tobacco products output contracted 0.4 percent (vs 0.2 percent).

Meanwhile, utilities output rose 0.6 percent in January, easing from a 4.6 percent jump in the previous month, with electric production growing by 0.5 percent (vs 4.4 percent in December) and natural gas advancing by 1.2 percent (vs 6.5 percent). 

Compared to the same month of 2017, industrial production rose 3.7 percent in January, as output rose for utilities (10.8 percent), mining (8.8 percent) and manufacturing (1.8 percent).

Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.


Federal Reserve | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/15/2018 2:41:24 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-15 02:15 PM Industrial Production MoM 0.2% 1.2% 0.3% 0.3%
2018-01-17 02:15 PM Industrial Production MoM 0.9% -0.1% 0.4% 0.3%
2018-02-15 02:15 PM Industrial Production MoM -0.1% 0.4% 0.2% 0.2%
2018-03-16 01:15 PM Industrial Production MoM -0.1% 0.31%
2018-04-17 01:15 PM Industrial Production MoM 0.18%
2018-05-16 01:15 PM Industrial Production MoM 0.17%


United States Business Last Previous Highest Lowest Unit
Business Confidence 59.10 59.30 77.50 29.40 Index Points [+]
Manufacturing PMI 55.50 55.10 57.90 50.70 [+]
Non Manufacturing PMI 59.90 56.00 62.00 37.60 [+]
Services PMI 53.30 53.70 61.00 49.30 Index Points [+]
Composite Pmi 53.80 54.10 61.00 50.00 Index Points [+]
Industrial Production 3.70 3.40 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.40 16.60 -10.40 percent [+]
Manufacturing Production 1.80 2.10 67.90 -39.40 percent [+]
Capacity Utilization 77.50 77.70 89.40 66.70 percent [+]
Durable Goods Orders 2.90 1.70 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 2.20 1.50 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.60 0.30 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.70 1.10 4.60 -7.30 percent [+]
New Orders 498229.00 488114.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.70 1.70 10.20 -9.40 percent [+]
Business Inventories 0.40 0.40 1.30 -2.00 percent [+]
Changes in Inventories 9.17 38.51 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.40 0.60 2.10 -2.00 percent [+]
Bankruptcies 23157.00 23109.00 82446.00 19695.00 Companies [+]
Corporate Profits 1738.20 1643.80 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 106.90 104.90 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 25.80 22.20 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 14.00 20.00 30.00 -44.00 Index Points [+]
Ism New York Index 72.50 56.30 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 13.10 17.70 39.00 -35.10 Index Points [+]
Dallas Fed Manufacturing Index 33.40 29.70 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.27 0.11 2.74 -5.13 [+]
Chicago Pmi 65.70 67.80 81.00 20.70 Index Points [+]
Total Vehicle Sales 17.12 17.90 21.77 9.05 Million [+]
Car Production 2.89 2.78 9.92 1.29 Million Units [+]
Car Registrations 475.17 477.61 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 1.84 1.90 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -194.00 -119.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3599.00 3414.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 184.16 184.12 184.16 70.21 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Crude Oil Rigs 798.00 791.00 1609.00 98.00 [+]
API Crude Oil Stock Change 3.95 -1.05 14.30 -12.40 BBL/1Million [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 6760.00 6709.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 8.80 11.40 108.20 -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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.40 16.60 -10.40 1919 - 2018 percent Monthly
Volume, SA




industrial production mom by Country
Country Last
Australia 1.40 Sep/17
Brazil 2.80 Dec/17
Canada 1.14 Nov/17
China 0.52 Dec/17
Euro Area 0.40 Dec/17
France 0.50 Dec/17
Germany -0.60 Dec/17
India 3.30 Dec/17
Indonesia -1.50 Nov/17
Italy 1.60 Dec/17
Japan 2.90 Dec/17
Mexico 0.90 Dec/17
Netherlands 1.20 Dec/17
Russia -20.40 Jan/18
South Korea -0.50 Dec/17
Spain 0.90 Dec/17
Turkey 0.90 Dec/17
United Kingdom -1.30 Dec/17
United States -0.10 Jan/18


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