Industrial production in the United States decreased 0.2% from a month earlier in June of 2022, missing market expectations of a 0.1% increase and after being unchanged in May. Manufacturing output declined 0.5% for a second consecutive month with decreases for durable and nondurable manufacturing of 0.3% and 0.8%, respectively. Within durable manufacturing, declines of more than 1% in primary metals, machinery, and motor vehicles and parts outweighed gains of more than 1% in miscellaneous manufacturing and in electrical equipment, appliances, and components. Within nondurable manufacturing, every group except for two posted a decline of at least 0.8%; apparel and leather recorded a gain of 2.5%, while chemicals registered a dip of 0.1%. At the same time, the index for mining advanced 1.7%, while the index for utilities fell 1.4%. Capacity utilization decreased 0.3 percentage point in June to 80.0 percent, a rate that is 0.4 percentage point above its long-run (1972–2021) average. 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 -13.20 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 August of 2022.

Industrial Production Mom in the United States is expected to be 0.80 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
2022-06-17 01:15 PM May 0.2% 1.4% 0.4% 0.7%
2022-07-15 01:15 PM Jun -0.2% 0% 0.1% 0.1%
2022-08-16 01:15 PM Jul -0.2% 0.3% 0.1%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 0.00 percent Jun 2022
Industrial Production 4.20 4.80 percent Jun 2022
Manufacturing Production 3.60 4.10 percent Jun 2022
Capacity Utilization 80.00 80.30 percent Jun 2022
Car Production 1.75 1.83 Million Units Jun 2022
Manufacturing Production MoM -0.50 -0.50 Percent Jun 2022
Mining Production 8.20 6.80 percent Jun 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 0.00 16.60 -13.20 1919 - 2022 percent Monthly
Volume, SA

News Stream
US Industrial Output Unexpectedly Falls
Industrial production in the United States decreased 0.2% from a month earlier in June of 2022, missing market expectations of a 0.1% increase and after being unchanged in May. Manufacturing output declined 0.5% for a second consecutive month with durable and nondurable manufacturing decreasing 0.3% and 0.8%, respectively. Within durable manufacturing, declines of more than 1% in primary metals, machinery, and motor vehicles and parts outweighed gains of more than 1% in miscellaneous manufacturing and in electrical equipment, appliances, and components. Within nondurable manufacturing, every group except for two posted a decline of at least 0.8%. At the same time, the index for mining advanced 1.7%, while the index for utilities fell 1.4%. Capacity utilization decreased 0.3 percentage points to 80.0 percent in June, a rate that is 0.4 percentage points above its long-run average.
2022-07-15
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