Industrial production in the US fell 1 percent year-on-year in December of 2019, following a downwardly revised 0.7 percent decline in the previous month. It is the fourth consecutive annual decrease in industrial output.

Industrial Production in the United States averaged 3.71 percent from 1920 until 2019, 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. source: Federal Reserve

Industrial Production in the United States is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in the United States to stand at 1.10 in 12 months time. In the long-term, the United States Industrial Production is projected to trend around 0.90 percent in 2020, according to our econometric models.


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United States Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -0.70 62.00 -33.70 1920 - 2019 percent Monthly
2012=100, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-17 01:15 PM Sep -0.1% 0.4% 0.1%
2019-11-15 02:15 PM Oct -1.1% -0.1% -0.4%
2019-12-17 02:15 PM Nov -0.8% -1.3% -1.6%
2020-01-17 02:15 PM Dec -1% -0.7% -1.2%
2020-02-14 02:15 PM Jan -1% -1.4%


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.

United States Business Last Previous Highest Lowest Unit
Business Confidence 47.20 48.10 77.50 29.40 points [+]
Services PMI 53.20 52.80 61.00 49.30 points [+]
Non Manufacturing PMI 55.00 53.90 62.00 37.80 points [+]
Manufacturing PMI 51.70 52.40 57.90 50.30 points [+]
Composite Pmi 53.10 52.70 61.00 50.00 points [+]
Industrial Production -1.00 -0.70 62.00 -33.70 percent [+]
Industrial Production Mom -0.30 0.80 16.60 -10.40 percent [+]
Manufacturing Production -1.30 -0.90 67.90 -39.40 percent [+]
Capacity Utilization 77.02 77.37 89.39 66.69 percent [+]
Durable Goods Orders -2.00 0.20 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense 0.80 0.00 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.00 0.30 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 0.30 0.30 4.60 -7.00 percent [+]
New Orders 493029.00 496962.00 549482.00 223500.00 USD Million [+]
Factory Orders -0.70 0.20 10.40 -9.70 percent [+]
Business Inventories -0.20 0.10 1.30 -2.00 percent [+]
Changes in Inventories 69.44 69.40 173.21 -245.13 USD Billion [+]
Wholesale Inventories -0.10 0.10 2.10 -2.00 percent [+]
Bankruptcies 22910.00 22483.00 82446.00 19695.00 Companies [+]
Corporate Profits 1868.66 1857.53 1873.90 14.67 USD Billion [+]
NFIB Business Optimism Index 102.70 104.70 108.80 80.10 points [+]
NY Empire State Manufacturing Index 4.80 3.30 39.00 -34.30 points [+]
Philadelphia Fed Manufacturing Index 17.00 2.40 58.50 -57.90 points [+]
Richmond Fed Manufacturing Index -5.00 -1.00 27.00 -44.00 points [+]
Ism New York Index 39.10 50.40 88.80 23.40 percent [+]
Dallas Fed Manufacturing Index -3.20 -1.30 47.60 -59.90 points [+]
Chicago Fed National Activity Index -0.35 0.41 2.79 -5.29 [+]
Chicago Pmi 48.90 46.30 78.60 21.20 points [+]
Total Vehicle Sales 17.10 16.60 21.77 9.05 Million [+]
Car Production 2.53 2.57 9.92 1.29 Million Units [+]
Car Registrations 345.67 373.49 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -0.41 -2.55 14.42 -15.22 BBL/1Million [+]
Gasoline Stocks Change 1745.00 6678.00 11456.00 -8428.00 Thousand Barrels [+]
Natural Gas Stocks Change -92.00 -109.00 147.00 -359.00 Billion cf [+]
Leading Economic Index 129.78 129.35 129.78 45.48 points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Crude Oil Rigs 676.00 673.00 1609.00 98.00 [+]
API Crude Oil Stock Change 1.60 1.10 14.30 -12.40 BBL/1Million [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Corruption Index 69.00 71.00 78.00 69.00 Points [+]
Corruption Rank 23.00 22.00 24.00 14.00 [+]
Crude Oil Imports -53.00 -595.00 2201.00 -2518.00 Thousand Barrels [+]
Distillate Fuel Production -251.00 -105.00 570.00 -699.00 Thousand Barrels [+]
Distillate Stocks -1185.00 8171.00 11205.00 -13011.00 Thousand Barrels [+]
Cushing Crude Oil Stocks -961.00 342.00 4737.00 -4184.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Gasoline Production 254.00 394.00 1082.00 -1494.00 Thousand Barrels [+]
Steel Production 7233.00 7407.00 11951.00 3799.00 Thousand Tonnes [+]
Refinery Crude Runs 76.00 -386.00 1572.00 -3253.00 Thousand Barrels [+]
Mining Production 1.40 2.30 108.20 -28.80 percent [+]
Kansas Fed Manufacturing Index -4.00 -3.00 35.00 -32.00 points [+]
Heating Oil Stocks 142.00 -168.00 94208.00 -92090.00 Thousand Barrels [+]