Industrial production in the United States went down 0.1 percent from a month earlier in December of 2021, after an upwardly revised 0.7 percent increase in November and compared to market expectations of a 0.3 percent increase. Manufacturing production declined 0.3 percent and motor vehicles and parts stepped down 1.3 percent. Excluding the motor vehicle sector, factory output dipped 0.2 percent, with similarly sized decreases for durables and nondurables. Within durables, miscellaneous manufacturing recorded the largest decrease (2.7 percent), while wood products and nonmetallic mineral products posted the largest increases (1.2 percent and 1.5 percent, respectively). Within nondurables, chemicals posted the largest gain (0.7 percent), but most other sub categories recorded losses of between 1 and 2 percent. The output of other manufacturing (publishing and logging) decreased 0.8 percent. Meanwhile, utilities output shrank 1.5 percent, while mining output increased 2 percent. source: Federal Reserve

Industrial Production Mom in the United States averaged 0.26 percent from 1919 until 2021, 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 January of 2022.

Industrial Production Mom in the United States is expected to be 0.30 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
2021-12-16 02:15 PM Nov 0.5% 1.7% 0.7% 0.6%
2022-01-14 02:15 PM Dec -0.1% 0.7% 0.3% 0.4%
2022-02-16 02:15 PM Jan -0.1% -0.3%


Related Last Previous Unit Reference
Industrial Production Mom -0.10 0.70 percent Dec/21
Industrial Production 3.70 5.00 percent Dec/21
Manufacturing Production 3.50 4.50 percent Dec/21
Capacity Utilization 76.50 76.60 percent Dec/21
Car Production 1.78 1.42 Million Units Dec/21
Manufacturing Production MoM -0.30 0.60 Percent Dec/21
Mining Production 11.00 8.90 percent Dec/21

News Stream
US Industrial Output Sees Surprise Fall
Industrial production in the United States went down 0.1 percent from a month earlier in December of 2021, after an upwardly revised 0.7 percent increase in November and compared to market expectations of a 0.3 percent increase. Manufacturing production declined 0.3 percent and motor vehicles and parts stepped down 1.3 percent. Excluding the motor vehicle sector, factory output dipped 0.2 percent, with similarly sized decreases for durables and nondurables. Within durables, miscellaneous manufacturing recorded the largest decrease (2.7 percent), while wood products (1.2 percent) and nonmetallic mineral products (1.5 percent) posted the largest increases. Within nondurables, chemicals posted the largest gain (0.7 percent), but most other sub categories recorded losses of between 1 and 2 percent. The output of other manufacturing (publishing and logging) decreased 0.8 percent. Meanwhile, utilities output shrank 1.5 percent, while mining output increased 2 percent.
2022-01-14
US Industrial Output Rises Less than Forecast
Industrial production in the United States rose 0.5 percent from a month earlier in November 2021, following an upwardly revised 1.7 percent growth in October and compared with market expectations of a 0.7 percent advance. Manufacturing output rose 0.7 percent, reaching its highest level since January 2019, driven by gains in the production of durables (0.8 percent), nondurables (0.5 percent), and other manufacturing such as logging and publishing (0.8 percent). Within durables, the largest increases were posted by motor vehicles and parts and by aerospace and miscellaneous transportation equipment. Within nondurables, textile and product mills, paper, and plastics and rubber products all recorded gains of more than 1 percent, while the index for petroleum and coal products fell 1.2 percent. Meanwhile, mining output increased 0.7 percent, while utilities output shrank 0.8 percent.
2021-12-16
US Industrial Output Growth Beats Expectations
Industrial production in the United States rose 1.6 percent from a month earlier in October 2021, rebounding from a 1.3 percent drop in September and beating market expectations of a 0.7 percent increase. It was the biggest monthly gain in industrial activity since March with half of the gain reflecting a recovery from the effects of Hurricane Ida. Manufacturing output increased 1.2 percent in October; excluding a large gain in the production of motor vehicles and parts, factory output moved up 0.6 percent. The output of utilities rose 1.2 percent, and mining output stepped up 4.1 percent.
2021-11-16

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.