Industrial production in the United States increased by 0.1% in May, falling short of market expectations for a 0.3% rise, following an upwardly revised 0.9% increase in April. Manufacturing output, which accounts for about 78% of total industrial production, was unchanged in May after rising 0.7% in April, also missing forecasts for a 0.2% gain. Mining production increased by 1.3%. Meanwhile, utilities output declined by 0.4%, as a 1.7% drop in electric utilities output more than offset an 8.5% increase in natural gas utilities output. Capacity utilization edged up to 76.2%, a level 3.2 percentage points below its long-run average (1972–2025). source: Federal Reserve

Industrial Production in the United States increased 0.10 percent in May of 2026 over the previous month. Industrial Production Mom in the United States averaged 0.25 percent from 1919 until 2026, reaching an all time high of 16.60 percent in May of 1933 and a record low of -13.20 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 July of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-15 01:15 PM
Industrial Production MoM
Apr 0.7% -0.3% 0.3% 0.1%
2026-06-15 01:15 PM
Industrial Production MoM
May 0.1% 0.9% 0.3% 0.3%
2026-07-17 01:15 PM
Industrial Production MoM
Jun 0.1% 0.4%


Related Last Previous Unit Reference
Capacity Utilization 76.20 76.10 percent May 2026
Car Production 10.63 10.61 Million Units May 2026
Industrial Production YoY 1.70 1.40 percent May 2026
Industrial Production MoM 0.10 0.90 percent May 2026
Manufacturing Production YoY 1.40 1.20 percent May 2026
Manufacturing Production MoM 0.00 0.70 Percent May 2026
Mining Production 2.00 1.00 percent May 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.90 16.60 -13.20 1919 - 2026 percent Monthly
Volume, SA

News Stream
US Industrial Output Rises Less than Expected
Industrial production in the United States increased by 0.1% in May, falling short of market expectations for a 0.3% rise, following an upwardly revised 0.9% increase in April. Manufacturing output, which accounts for about 78% of total industrial production, was unchanged in May after rising 0.7% in April, also missing forecasts for a 0.2% gain. Mining production increased by 1.3%. Meanwhile, utilities output declined by 0.4%, as a 1.7% drop in electric utilities output more than offset an 8.5% increase in natural gas utilities output. Capacity utilization edged up to 76.2%, a level 3.2 percentage points below its long-run average (1972–2025).
2026-06-15
US Industrial Output Growth at 14-Month High
Industrial production in the United States increased 0.7% in April 2026, the most in 14 months and more than market expectations for a 0.3% gain, after decreasing 0.3% in March. Manufacturing output, which accounts for about 78% of total industrial production, rose 0.6%, beating forecasts of 0.2%. Manufacturing output, excluding motor vehicles and parts, increased by 0.3%. At the same time, utilities output increased 1.9%, with gains in both electric and natural gas utilities. On the other hand, mining output edged down 0.1%. Capacity utilization moved up to 76.1%, a rate that is 3.3 percentage points below its long-run (1972–2025) average.
2026-05-15
US Industrial Production Unexpectedly Falls
Industrial production in the United States dropped 0.5% month-over-month in March 2026, missing market expectations for a 0.1% gain and after moving up 0.7% in February. It marks the biggest fall in industrial activity since September 2024. Manufacturing output, which makes up about 78% of total industrial production, decreased 0.1% after an upwardly revised 0.4% increase in February and also missing forecast of a 0.1% gain. Mining output fell 1.2% in March. The index for utilities contracted 2.3%, with reductions in the output of both electric and natural gas utilities. Capacity utilization receded to 75.7 percent, a rate that is 3.7 percentage points below its long-run (1972–2025) average.
2026-04-16