Industrial production in the United States rose 1.6 percent from a month earlier in October 2021, rebounding from a 1.3 percent drop in September and beating market expectations of a 0.7 percent increase. It was the biggest monthly gain in industrial activity since March with half of the gain reflecting a recovery from the effects of Hurricane Ida. Manufacturing output increased 1.2 percent in October; excluding a large gain in the production of motor vehicles and parts, factory output moved up 0.6 percent. The output of utilities rose 1.2 percent, and mining output stepped up 4.1 percent. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.27 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 December of 2021.

Industrial Production Mom in the United States is expected to be 0.30 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 2022 and 0.20 percent in 2023, according to our econometric models.

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United States Industrial Production MoM


Calendar GMT Actual Previous Consensus TEForecast
2021-10-18 01:15 PM Sep -1.3% -0.1% 0.2% 0.3%
2021-11-16 02:15 PM Oct 1.6% -1.3% 0.7% 0.6%
2021-12-16 02:15 PM Nov 1.6%


Related Last Previous Unit Reference
Industrial Production Mom 1.60 -1.30 percent Oct/21
Industrial Production 5.10 4.60 percent Oct/21
Manufacturing Production 4.50 4.70 percent Oct/21
Capacity Utilization 76.40 75.20 percent Oct/21
Car Production 1.43 1.06 Million Units Oct/21
Manufacturing Production MoM 1.20 -0.70 Percent Oct/21
Mining Production 11.80 6.90 percent Oct/21

News Stream
US Industrial Output Growth Beats Expectations
Industrial production in the United States rose 1.6 percent from a month earlier in October 2021, rebounding from a 1.3 percent drop in September and beating market expectations of a 0.7 percent increase. It was the biggest monthly gain in industrial activity since March with half of the gain reflecting a recovery from the effects of Hurricane Ida. Manufacturing output increased 1.2 percent in October; excluding a large gain in the production of motor vehicles and parts, factory output moved up 0.6 percent. The output of utilities rose 1.2 percent, and mining output stepped up 4.1 percent.
2021-11-16
US Industrial Output Unexpectedly Falls for 2nd Month
Industrial production in the United States fell 1.3 percent in September 2021, following a revised 0.1 percent contraction in August and missing market expectations of 0.2 percent growth, with about 0.6 percentage point of the drop resulting from the impact of Hurricane Ida. Manufacturing output decreased 0.7 percent, as the production of motor vehicles and parts slumped 7.2 percent due to shortages of semiconductors and factory output elsewhere declined 0.3 percent. The output of utilities contracted 3.6 percent, as demand for cooling subsided after a warmer-than-usual August; while mining production was down 2.3 percent. Despite the decrease in September, total industrial production rose 4.3 percent at an annual rate for the third quarter as a whole, its fifth consecutive quarter with a gain of at least 4 percent.
2021-10-18
US Industrial Output Growth Eases in August
Industrial production in the United States increased 0.4 percent in August 2021 after moving up 0.8 percent in July. Late-month shutdowns related to Hurricane Ida held down the gain in industrial production by an estimated 0.3 percentage point. Although the hurricane forced plant closures for petrochemicals, plastic resins, and petroleum refining, overall manufacturing output rose 0.2 percent. Mining production fell 0.6 percent, reflecting hurricane-induced disruptions to oil and gas extraction in the Gulf of Mexico. The output of utilities increased 3.3 percent, as unseasonably warm temperatures boosted demand for air conditioning.
2021-09-15

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.