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

US industrial production increased by 1 percent month-over-month in April 2017, following a downwardly revised 0.4 percent rise in March and beating market expectations of a 0.3 percent gain. It was the largest increase in industrial production since February 2014, as output rebounded for both manufacturing and mining while utilities grew at a slower pace. 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-17 01:15 PM Feb 0.0% -0.1% 0.2% 0.3%
2017-04-18 01:15 PM Mar 0.5% 0.1% 0.5% 0.4%
2017-05-16 01:15 PM Apr 1% 0.4% 0.3% 0.2%
2017-06-15 01:15 PM May 1% 0.35%
2017-07-14 01:15 PM Jun 0.38%
2017-08-17 01:15 PM Jul 0.38%




US Industrial Output Rises The Most In 3 Years


US industrial production increased by 1 percent month-over-month in April 2017, following a downwardly revised 0.4 percent rise in March and beating market expectations of a 0.3 percent gain. It was the largest increase in industrial production since February 2014, as output rebounded for both manufacturing and mining while utilities grew at a slower pace.

Manufacturing production rose 1 percent, recovering from a 0.4 percent drop in March, as a result of widespread increases among its major industries. Durable manufacturing went up 1 percent, boosted by motor vehicles and parts (5 percent from -3.6 percent in March), machinery (0.9 percent from -0.4 percent), fabricated metal products (0.5 percent from -0.5 percent) and computer and electronic products (0.1 percent from 1.3 percent). Nondurable manufacturing also grew 1 percent, as output rose for food, beverage, and tobacco products (1.6 percent from -0.5 percent in March), plastics and rubber products (0.9 percent from -2.6 percent), petroleum and coal products (2.5 percent from 2.8 percent), and paper (0.8 percent from -1 percent).

Also, mining output advanced 1.2 percent after falling by 0.4 percent in the previous month; and utilities output rose at a slower 0.7 percent after jumping by 8.2 percent in March.

Compared to the same month of 2016, industrial production rose 2.2 percent, as output rose for manufacturing (1.7 percent) and mining (7.3 percent), but fell for utilities (-0.5 percent).

Capacity utilization for the industrial sector increased 0.6 percentage point in April to 76.7 percent, a rate that is 3.2 percentage points below its long-run (1972–2016) average.

Federal Reserve | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/16/2017 1:44:58 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 54.80 57.20 77.50 29.40 [+]
Services PMI 54.00 53.10 61.00 49.30 Index Points [+]
Non Manufacturing PMI 57.50 55.20 62.00 37.60 percent [+]
Manufacturing PMI 52.50 52.80 57.90 50.70 [+]
Composite Pmi 53.90 53.20 61.00 50.00 Index Points [+]
Industrial Production 2.20 1.50 62.00 -33.70 percent [+]
Industrial Production Mom 1.00 0.40 16.60 -10.40 percent [+]
Manufacturing Production 1.70 0.70 67.90 -39.40 percent [+]
Capacity Utilization 76.70 76.10 89.40 66.70 percent [+]
Durable Goods Orders 0.70 2.30 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense 0.10 2.70 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation -0.20 0.70 6.40 -11.40 percent [+]
Factory Orders Ex Transportation 0.00 0.30 4.60 -7.30 percent [+]
New Orders 478185.00 476493.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.50 0.80 10.20 -9.40 percent [+]
Business Inventories 0.20 0.20 1.40 -2.10 percent [+]
Changes in Inventories 10.30 49.60 117.20 -206.10 USD Billion [+]
Wholesale Inventories 0.20 0.30 2.10 -2.00 percent [+]
Bankruptcies 23591.00 24114.00 82446.00 19695.00 Companies [+]
Corporate Profits 1611.40 1575.40 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 104.50 104.70 107.70 80.10 Index Points [+]
NY Empire State Manufacturing Index -1.00 5.20 38.99 -34.30 Index Points [+]
Philadelphia Fed Manufacturing Index 38.80 22.00 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 1.00 20.00 26.00 -43.00 Index Points [+]
Ism New York Index 55.80 56.50 88.80 23.40 percent [+]
Dallas Fed Manufacturing Index 16.80 16.90 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.49 0.07 2.73 -5.10 [+]
Chicago Pmi 58.30 57.70 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.88 16.62 21.77 9.05 Million [+]
Car Production 3.54 3.13 9.92 1.29 Million Units [+]
Car Registrations 569.19 502.25 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -1.75 -5.25 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 68.00 45.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change -413.00 -150.00 11456.00 -8419.00 Thousand Barrels [+]
Leading Economic Index 182.29 181.81 182.29 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 7003.00 6362.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 7.30 3.70 108.20 -28.80 percent [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]


United States Industrial Production MoM Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.40 16.60 -10.40 1919 - 2017 percent Monthly
Volume, SA



industrial production mom by Country

Last
Australia 1.00 Dec/16
Brazil -1.80 Mar/17
Canada -0.42 Feb/17
China 0.56 Apr/17
Euro Area -0.10 Mar/17
France 2.00 Mar/17
Germany -0.40 Mar/17
India 3.90 Jan/17
Indonesia 1.80 Mar/17
Italy 0.40 Mar/17
Japan -1.90 Mar/17
Mexico 0.00 Mar/17
Netherlands -1.50 Mar/17
Russia 2.30 Apr/17
South Korea 1.00 Mar/17
Spain -0.40 Mar/17
Turkey 1.30 Mar/17
United Kingdom -0.50 Mar/17
United States 1.00 Apr/17