United States Industrial Production MoM  1919-2017 | Data | Chart

US industrial production increased by 0.3 percent month-over-month in September 2017, as widely expected, following a downwardly revised 0.7 percent drop in August. Output rebounded for manufacturing, utilities and mining, as the effects of Hurricanes Harvey and Irma began to fade. Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2017, 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 Production Rebounds in September


US industrial production increased by 0.3 percent month-over-month in September 2017, as widely expected, following a downwardly revised 0.7 percent drop in August. Output rebounded for manufacturing, utilities and mining, as the effects of Hurricanes Harvey and Irma began to fade.

Manufacturing production rose 0.1 percent, recovering from a 0.2 percent drop in August. Durable manufacturing went up 1 percent after gaining 0.2 percent in the previous month, boosted by machinery (3 percent from -2.2 percent in August), fabricated metal products (0.7 percent from 0.4 percent), and computer and electronic products (0.9 percent from 0.3 percent). Nondurable manufacturing slumped 0.9 percent, following a decline of 0.6 percent in August, as output fell for chemicals (-2.6 percent from -2.3 percent in August), and petroleum and coal products (-1.7 percent from -0.1 percent). By contrast, output rose for both food, beverage, and tobacco products (0.6 percent from 0.3 percent in August) and plastics and rubber products (1.1 percent from -0.8 percent).

Also, mining output advanced 0.4 percent after contracting by 0.2 percent in the previous month; and utilities output grew 1.5 percent, recovering from a 4.9 percent fall in August. Within utilities, electric production rose 1.5 percent (-5 percent in August) and natural gas output increased 1.4 percent (-3.8 percent in August).

Compared to the same month of 2016, industrial production rose 1.6 percent, as output rose for manufacturing (1 percent) and mining (9.8 percent), but fell for utilities (-4.1 percent).

For the third quarter as a whole, industrial production fell 1.5 percent at an annual rate, with manufacturing shrinking by 2.2 percent.

Capacity utilization for the industrial sector increased 0.2 percentage point in September to 76.0 percent, a rate that is 3.9 percentage points below its long-run (1972–2016) average.

Federal Reserve | Joana Ferreira | joana.ferreira@tradingeconomics.com
10/17/2017 1:31:30 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-17 12:45 PM Industrial Production MoM 0.2% 0.4% 0.3% 0.3%
2017-09-15 01:15 PM Industrial Production MoM -0.9% 0.4% 0.1% 0.3%
2017-10-17 01:15 PM Industrial Production MoM 0.3% -0.7% 0.3% 0.3%
2017-11-16 02:15 PM Industrial Production MoM 0.3% 0.27%
2017-12-15 02:15 PM Industrial Production MoM 0.27%


United States Business Last Previous Highest Lowest Unit
Business Confidence 60.80 58.80 77.50 29.40 [+]
Manufacturing PMI 53.10 52.80 57.90 50.70 [+]
Non Manufacturing PMI 59.80 55.30 62.00 37.60 percent [+]
Services PMI 55.30 56.00 61.00 49.30 Index Points [+]
Composite Pmi 54.80 55.30 61.00 50.00 Index Points [+]
Industrial Production 1.60 1.20 62.00 -33.70 percent [+]
Industrial Production Mom 0.30 -0.70 16.60 -10.40 percent [+]
Manufacturing Production 1.00 1.10 67.90 -39.40 percent [+]
Capacity Utilization 76.00 75.80 89.40 66.70 percent [+]
Durable Goods Orders 1.70 -6.80 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 2.20 -7.90 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.20 0.80 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.50 4.60 -7.30 percent [+]
New Orders 471684.00 466360.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.20 -3.30 10.20 -9.40 percent [+]
Business Inventories 0.70 0.30 1.30 -2.00 percent [+]
Changes in Inventories 5.50 1.20 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.90 0.60 2.10 -2.00 percent [+]
Bankruptcies 23443.00 23591.00 82446.00 19695.00 Companies [+]
Corporate Profits 1643.80 1642.70 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 103.00 105.30 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 27.90 23.80 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 19.00 14.00 27.00 -44.00 Index Points [+]
Ism New York Index 49.70 56.60 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 30.20 24.40 38.99 -34.30 Index Points [+]
Dallas Fed Manufacturing Index 21.30 17.00 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.31 0.03 2.73 -5.12 [+]
Chicago Pmi 65.20 58.90 78.80 21.40 Index Points [+]
Total Vehicle Sales 18.57 16.14 21.77 9.05 Million [+]
Car Production 2.80 3.02 9.92 1.29 Million Units [+]
Car Registrations 511.18 501.98 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -5.73 -2.75 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 51.00 87.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 908.00 2490.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 182.50 182.28 182.50 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 7064.00 7071.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 9.80 9.10 108.20 -28.80 percent [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]
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 [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 -0.70 16.60 -10.40 1919 - 2017 percent Monthly
Volume, SA




industrial production mom by Country

Last
Australia 0.80 Jun/17
Brazil -0.80 Aug/17
Canada -0.47 Jul/17
China 0.56 Sep/17
Euro Area 1.40 Aug/17
France -0.30 Aug/17
Germany 2.60 Aug/17
India -1.10 Jul/17
Indonesia -4.54 Jun/17
Italy 1.20 Aug/17
Japan 2.00 Aug/17
Mexico 0.30 Aug/17
Netherlands -2.30 Aug/17
Russia 1.00 Sep/17
South Korea 0.40 Aug/17
Spain 1.00 Aug/17
Turkey -0.10 Aug/17
United Kingdom 0.20 Aug/17
United States 0.30 Sep/17