Total industrial production in the United States rose 5.4 percent from a month earlier in June 2020 after increasing 1.4 percent in May, beating market expectations of a 4.3 percent growth. That was the largest increase in industrial production since December 1959, as many businesses resumed operations following coronavirus-related restrictions. Manufacturing output climbed 7.2 percent, but it was still 11.1 percent below its pre-pandemic February level, as motor vehicles and parts jumped 105.0 percent, while factory production elsewhere rose 3.9 percent. In addition, utilities output grew 4.2 percent, as both gas and electric utilities posted gains, while mining output fell 2.9 percent, with declines in nearly all categories. For the second quarter as a whole, industrial output fell 42.6 percent at an annual rate, its largest quarterly decrease since the industrial sector retrenched after World War II.

Industrial Production Mom in the United States averaged 0.26 percent from 1919 until 2020, reaching an all time high of 16.60 percent in May of 1933 and a record low of -12.70 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 August of 2020.

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. Looking forward, we estimate Industrial Production Mom in the United States to stand at 0.10 in 12 months time. In the long-term, the United States Industrial Production MoM is projected to trend around 0.30 percent in 2021 and 0.20 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
5.40 1.40 16.60 -12.70 1919 - 2020 percent Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-15 01:15 PM Mar -5.4% 0.5% -4% -3.8%
2020-05-15 01:15 PM Apr -11.2% -4.5% -11.5% -12.3%
2020-06-16 01:15 PM May 1.4% -12.5% 2.9% 2.8%
2020-07-15 01:15 PM Jun 5.4% 1.4% 4.3% 4%
2020-08-14 01:15 PM Jul 5.4% 3% 2.8%
2020-09-15 01:15 PM Aug
2020-10-16 01:15 PM Sep 0.3%
2020-11-17 02:15 PM Oct


News Stream
US Industrial Output Rises More than Expected
Total industrial production in the United States rose 5.4 percent from a month earlier in June 2020 after increasing 1.4 percent in May, beating market expectations of a 4.3 percent growth. That was the largest increase in industrial production since December 1959, as many businesses resumed operations following coronavirus-related restrictions. Manufacturing output climbed 7.2 percent, but it was still 11.1 percent below its pre-pandemic February level, as motor vehicles and parts jumped 105.0 percent, while factory production elsewhere rose 3.9 percent. In addition, utilities output grew 4.2 percent, as both gas and electric utilities posted gains, while mining output fell 2.9 percent, with declines in nearly all categories. For the second quarter as a whole, industrial output fell 42.6 percent at an annual rate, its largest quarterly decrease since the industrial sector retrenched after World War II.
2020-07-15
US Industrial Production Rises Less than Forecast
Total industrial production in the US increased 1.4 percent from a month earlier in May 2020 after falling at a record 12.5 percent in April and missing market expectations of a 2.9 percent rebound. Manufacturing output rose 3.8 percent in May as many factories resumed at least partial operations following suspensions related to COVID-19. Within manufacturing, most major industries posted increases, with the largest gain registered by motor vehicles and parts. The indexes for defense and space equipment, construction supplies, and business supplies also recorded gains. Mining and utilities output declined 6.8 percent and 2.3 percent, respectively.
2020-06-16
US Industrial Output Falls the Most on Record
Total industrial production in the US fell 11.2 percent from a month earlier in April 2020, its largest drop in the 101-year history of the index and compared to market expectations of an 11.5 percent decline, as the COVID-19 pandemic led many factories to slow or suspend operations throughout the month. Manufacturing output dropped 13.7 percent, its largest decline on record, led by a 70 percent plunge in motor vehicles and parts output. Production elsewhere in manufacturing dropped 10.3 percent. In addition, the indexes for utilities and mining decreased 0.9 percent and 6.1 percent, respectively.
2020-05-15
US Industrial Output Falls the Most in 74 Years
Total industrial production in the United States slumped 5.4 percent from a month earlier in March 2020, the largest drop since January 1946 and compared to market expectations of a 4 percent plunge. Manufacturing output fell 6.3 percent, the most since February 1946, as the coronavirus pandemic led many factories to suspend operations late in the month. The declines were led by a 28.0 percent tumble in motor vehicles and parts output. Other industries also recorded steep contractions such as fabricated metal products, aerospace & miscellaneous transportation equipment, furniture & related products, apparel & leather, textile & product mills, and printing & support. The indexes for utilities and mining declined 3.9 percent and 2.0 percent, respectively.
2020-04-15

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.