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

Industrial output in the US shrank 0.9 percent month-over-month in August of 2017, following an upwardly revised 0.4 percent gain in July and missing market expectations of a 0.1 percent increase. It is the first drop in industrial output since January and the biggest since May 2009 as Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point. 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 Drops the Most in 8 Years


Industrial output in the US shrank 0.9 percent month-over-month in August of 2017, following an upwardly revised 0.4 percent gain in July and missing market expectations of a 0.1 percent increase. It is the first drop in industrial output since January and the biggest since May 2009 as Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point.

The index for manufacturing decreased 0.3 percent; storm-related effects appear to have reduced the rate of change in factory output in August about 3/4 percentage point. The manufacturing industries with the largest estimated storm-related effects were petroleum refining, organic chemicals, and plastics materials and resins.

The output of mining fell 0.8 percent in August, as Hurricane Harvey temporarily curtailed drilling, servicing, and extraction activity for oil and natural gas. The output of utilities dropped 5.5 percent, as unseasonably mild temperatures, particularly on the East Coast, reduced the demand for air conditioning.

At 104.7 percent of its 2012 average, total industrial production in August was 1.5 percent above its year-earlier level. Capacity utilization for the industrial sector decreased 0.8 percentage point in August to 76.1 percent, a rate that is 3.8 percentage points below its long-run (1972–2016) average.

Federal Reserve | Joana Taborda | joana.taborda@tradingeconomics.com
9/15/2017 2:01:53 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-14 01:15 PM Industrial Production MoM 0.4% 0.1% 0.3% 0.3%
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 -0.9% 0.27%
2017-11-16 02:15 PM Industrial Production MoM 0.27%
2017-12-15 02:15 PM Industrial Production MoM 0.27%


United States Business Last Previous Highest Lowest Unit
Business Confidence 58.80 56.30 77.50 29.40 [+]
Manufacturing PMI 53.00 52.80 57.90 50.70 [+]
Non Manufacturing PMI 55.30 53.90 62.00 37.60 percent [+]
Services PMI 55.10 56.00 61.00 49.30 Index Points [+]
Composite Pmi 54.60 55.30 61.00 50.00 Index Points [+]
Industrial Production 1.50 2.40 62.00 -33.70 percent [+]
Industrial Production Mom -0.90 0.40 16.60 -10.40 percent [+]
Manufacturing Production 1.50 1.40 67.90 -39.40 percent [+]
Capacity Utilization 76.12 76.88 89.40 66.70 percent [+]
Durable Goods Orders -6.80 6.40 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense -7.80 6.40 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.50 0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.50 0.10 4.60 -7.30 percent [+]
New Orders 466360.00 481081.00 565232.00 223500.00 USD Million [+]
Factory Orders -3.30 3.20 10.20 -9.40 percent [+]
Business Inventories 0.20 0.50 1.30 -2.00 percent [+]
Changes in Inventories 1.80 1.20 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.60 2.10 -2.00 percent [+]
Bankruptcies 23443.00 23591.00 82446.00 19695.00 Companies [+]
Corporate Profits 1655.60 1642.70 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 105.30 105.20 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 23.80 18.90 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 14.00 14.00 27.00 -44.00 Index Points [+]
Ism New York Index 56.60 62.80 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 24.40 25.20 38.99 -34.30 Index Points [+]
Dallas Fed Manufacturing Index 17.00 16.80 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.31 0.03 2.73 -5.12 [+]
Chicago Pmi 58.90 58.90 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.14 16.77 21.77 9.05 Million [+]
Car Production 3.02 2.62 9.92 1.29 Million Units [+]
Car Registrations 501.98 502.59 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 4.59 5.88 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 97.00 91.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change -2125.00 -8428.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 182.28 181.78 182.29 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 9.70 10.40 108.20 -28.80 percent [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 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 September 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

Last
Australia 0.80 Jun/17
Brazil 0.80 Jul/17
Canada 0.05 Jun/17
China 0.46 Aug/17
Euro Area 0.10 Jul/17
France 0.50 Jul/17
Germany 0.00 Jul/17
India -1.10 Jul/17
Indonesia -4.54 Jun/17
Italy 0.10 Jul/17
Japan -0.80 Jul/17
Mexico -1.00 Jul/17
Netherlands -0.60 Jul/17
Russia 2.00 Aug/17
South Korea 1.90 Jul/17
Spain -0.30 Jul/17
Turkey 2.30 Jul/17
United Kingdom 0.20 Jul/17
United States -0.90 Aug/17