Industrial production in the United States increased 0.2% year-on-year in April of 2023, following a downwardly revised 0.1% rise in March. The mining sector surged 5.6% while a decline was seen for manufacturing (-0.9%) and utilities (-0.4%). source: Federal Reserve
Industrial Production in the United States averaged 3.56 percent from 1920 until 2023, reaching an all time high of 62.00 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. United States Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Industrial Production in the United States is expected to be -0.50 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 is projected to trend around 3.20 percent in 2024 and 2.00 percent in 2025, according to our econometric models.