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

Industrial production in the United States increased 0.9 percent month-over-month in October of 2017, following an upwardly revised 0.4 percent rise in September and beating market expectations of 0.5 percent. It is the biggest gain in industrial output since April, as factories returned to normal operations after Hurricanes Harvey and Irma suppressed production in Gulf Coast and Florida in August and September. Manufacturing and utilities increased while mining fell, as Hurricane Nate caused a sharp but short-lived decline in oil and gas drilling and extraction in Gulf Cost. Excluding the effects of the hurricanes, the index for total output advanced about 0.3 percent. Industrial Production Mom in the United States averaged 0.28 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 Output Rises the Most in 6 Months


Industrial production in the United States increased 0.9 percent month-over-month in October of 2017, following an upwardly revised 0.4 percent rise in September and beating market expectations of 0.5 percent. It is the biggest gain in industrial output since April, amid a return to normal operations after Hurricanes Harvey and Irma suppressed production in August and September. Manufacturing and utilities increased while mining fell, as Hurricane Nate caused a sharp but short-lived decline in oil and gas drilling and extraction. Excluding the effects of the hurricanes, the index for total output advanced about 0.3 percent.

Manufacturing output rose 1.3 percent in October, and upward revisions to previous months reduced the decrease estimated for the third quarter to 1.2 percent at an annual rate. In October, the index for durables increased 0.4 percent, and the index for nondurables increased 2.3 percent. Most durable goods industries posted gains, with the largest advance, 1.0 percent, recorded by motor vehicles and parts. Gains were also widespread among nondurable goods producers; notably, the return to more normal levels of production following the hurricanes led to jumps of 5.8 percent for chemicals and 4.0 percent for petroleum and coal products.

In October, the decline of 1.3 percent in mining output reflected reductions in all of its major components. The index for utilities rose 2.0 percent; output in August was revised up from a drop of 4.9 percent to a decline of 1.3 percent, and the rate of change in September was revised down from an increase of 1.5 percent to a decrease of 1.0 percent.

Capacity utilization for manufacturing was 76.4 percent in October, a rate that is 2.0 percentage points below its long-run average. Utilization for durables increased 0.2 percentage point to 75.7 percent, and the operating rate for nondurables rose 1.7 percentage points to 78.1 percent. The operating rate for mines fell 1.3 percentage points to 82.4 percent, and the rate for utilities rose 1.5 percentage points to 77.2 percent.

With modest upward revisions for July through September, industrial production is now estimated to have only edged down 0.3 percent at an annual rate in the third quarter; the previously published estimate showed a decrease of 1.5 percent.

Federal Reserve | Joana Taborda | joana.taborda@tradingeconomics.com
11/16/2017 2:26:56 PM



Calendar GMT Actual Previous Consensus TEForecast
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 0.9% 0.4% 0.5% 0.5%
2017-12-15 02:15 PM Industrial Production MoM 0.9% 0.3% 0.3%
2018-01-17 02:15 PM Industrial Production MoM
2018-02-15 02:15 PM Industrial Production MoM


United States Business Last Previous Highest Lowest Unit
Business Confidence 58.20 58.70 77.50 29.40 [+]
Manufacturing PMI 53.90 54.60 57.90 50.70 [+]
Services PMI 54.50 55.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 57.40 60.10 62.00 37.60 [+]
Composite Pmi 54.50 55.20 61.00 50.00 Index Points [+]
Industrial Production 2.90 2.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.90 0.40 16.60 -10.40 percent [+]
Manufacturing Production 2.50 1.40 67.90 -39.40 percent [+]
Capacity Utilization 77.00 76.40 89.40 66.70 percent [+]
Durable Goods Orders -1.20 2.20 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense -0.80 2.40 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.40 1.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.80 1.10 4.60 -7.30 percent [+]
New Orders 479590.00 478455.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.10 1.70 10.20 -9.40 percent [+]
Business Inventories 0.00 0.60 1.30 -2.00 percent [+]
Changes in Inventories 39.01 5.50 132.20 -206.10 USD Billion [+]
Wholesale Inventories -0.50 0.10 2.10 -2.00 percent [+]
Bankruptcies 23109.00 23443.00 82446.00 19695.00 Companies [+]
Corporate Profits 1738.60 1643.80 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 103.80 103.00 107.70 80.10 Index Points [+]
Ism New York Index 58.10 51.60 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 22.70 27.90 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 19.40 30.20 38.99 -34.30 Index Points [+]
Richmond Fed Manufacturing Index 30.00 12.00 30.00 -44.00 Index Points [+]
Dallas Fed Manufacturing Index 19.40 27.60 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.65 0.36 2.73 -5.12 [+]
Chicago Pmi 63.90 66.20 78.80 21.40 Index Points [+]
Car Production 2.70 2.80 9.92 1.29 Million Units [+]
Car Registrations 513.74 511.18 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.48 18.10 21.77 9.05 Million [+]
Crude Oil Stocks Change -5.61 -3.43 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 2.00 -33.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 6780.00 3627.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 183.53 182.70 183.53 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 751.00 749.00 1609.00 98.00 [+]
API Crude Oil Stock Change -5.48 1.82 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 6976.00 6716.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 6.40 10.00 108.20 -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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.40 16.60 -10.40 1919 - 2017 percent Monthly
Volume, SA




industrial production mom by Country
Country Last
Australia 0.80 Jun/17
Brazil 0.20 Oct/17
Canada -0.90 Aug/17
China 0.50 Oct/17
Euro Area -0.60 Sep/17
France 1.90 Oct/17
Germany -1.40 Oct/17
India -1.10 Jul/17
Indonesia -4.54 Jun/17
Italy -1.30 Sep/17
Japan 0.50 Oct/17
Mexico -0.40 Sep/17
Netherlands 4.20 Sep/17
Russia 5.70 Oct/17
South Korea -1.10 Oct/17
Spain 0.60 Oct/17
Turkey 0.60 Sep/17
United Kingdom 0.00 Oct/17
United States 0.90 Oct/17