Industrial Production in the United States increased 5.8% year-on-year in May of 2022, following a 6.3% rise in April. The mining sector recorded the biggest increase (9%), followed by utilities (8.4%) and manufacturing (4.8%). source: Federal Reserve

Industrial Production in the United States averaged 3.59 percent from 1920 until 2022, reaching an all time high of 62 percent in July of 1933 and a record low of -33.70 percent in February of 1946. This page provides the latest reported value for - United States Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Industrial Production in the United States is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Industrial Production is projected to trend around 3.20 percent in 2023, according to our econometric models.

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United States Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-17 01:15 PM Apr 6.4% 5.4% 2%
2022-06-17 01:15 PM May 5.8% 6.3% 4.9%
2022-07-15 01:15 PM Jun 5.8%


Related Last Previous Unit Reference
Industrial Production Mom 0.20 1.40 percent May 2022
Industrial Production 5.80 6.30 percent May 2022
Manufacturing Production 4.80 5.80 percent May 2022
Capacity Utilization 79.04 78.91 percent May 2022
Car Production 1.83 1.84 Million Units May 2022
Manufacturing Production MoM -0.10 0.80 Percent May 2022
Mining Production 9.00 9.40 percent May 2022

United States Industrial Production
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
5.80 6.30 62.00 -33.70 1920 - 2022 percent Monthly
2012=100, SA