Industrial production in the United States rose 0.2% from a month earlier in May of 2022, following an upwardly revised 1.4% growth in April and half market expectations of a 0.4% advance. It is the weakest gain in industrial activity so far this year, mainly due to a 0.1% fall in manufacturing, namely wood products (-2.6%) and machinery. On the other hand, the mining sector jumped 1.3% and the utility output rose 1% as unseasonably warm weather in May boosted demand for air conditioning. The output of electric utilities gained 1.9% while the output of natural gas utilities stepped back 4.5%. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2022, reaching an all time high of 16.60 percent in May of 1933 and a record low of -13.60 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 June of 2022.

Industrial Production Mom in the United States is expected to be 0.40 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 MoM is projected to trend around 1.20 percent in 2023 and 0.20 percent in 2024, according to our econometric models.

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United States Industrial Production MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-05-17 01:15 PM Apr 1.1% 0.9% 0.5% 0.4%
2022-06-17 01:15 PM May 0.2% 1.4% 0.4% 0.7%
2022-07-15 01:15 PM Jun


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 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
0.20 1.40 16.60 -13.60 1919 - 2022 percent Monthly
Volume, SA

News Stream
US Industrial Output Rises the Least This Year
Industrial production in the United States rose 0.2% from a month earlier in May of 2022, following an upwardly revised 1.4% growth in April and half market expectations of a 0.4% advance. It is the weakest gain in industrial activity so far this year, mainly due to a 0.1% fall in manufacturing, namely wood products (-2.6%) and machinery. On the other hand, the mining sector jumped 1.3% and the utility output rose 1% as unseasonably warm weather in May boosted demand for air conditioning. The output of electric utilities gained 1.9% while the output of natural gas utilities stepped back 4.5%.
2022-06-17
US Industrial Output Rises More than Expected
Industrial production in the United States rose 1.1 percent from a month earlier in April of 2022, marking the fourth consecutive month of gains of 0.8 percent or greater. It follows a 0.9 percent increase in March and compared with market expectations of a 0.5 percent rise. Manufacturing output advanced 0.8 percent, the same as in the prior month and above market expectations of 0.4 percent. The indexes for durable and nondurable manufacturing increased 1.1 percent and 0.3 percent, respectively, while the output of other manufacturing (publishing and logging) moved up 0.9 percent. Meanwhile, the index for utilities moved up 2.4 percent, and the index for mining advanced 1.6 percent. Year-on-year, industrial activity rose 6.4 percent.
2022-05-17
US Industrial Output Growth Beats Expectations
Industrial production in the United States rose 0.9 percent from a month earlier in March of 2022, the same as in the previous month and above market expectations of a 0.4 percent gain in February. Manufacturing output advanced 0.9 percent, more than forecasts of 0.6 percent but slowing from February’s 4-month high of 1.2 percent. The indexes for durable and nondurable manufacturing increased 1.3 percent and 0.4 percent, respectively, while the output of other manufacturing (publishing and logging) moved up 0.2 percent. Meanwhile, the index for utilities increased 0.4 percent, and the index for mining advanced 1.7 percent. Year-on-year, industrial activity rose 5.5 percent and considering the first quarter of 2022, it advanced 8.1 percent.
2022-04-15