Industrial Production in the United States increased 3.70 percent year-on-year in December of 2021, the slowest increase since March 2021. Manufacturing rose 3.5% and the mining sector surged 11% while the utilities output went down 3.4%. source: Federal Reserve

Industrial Production in the United States averaged 3.58 percent from 1920 until 2021, 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. United States Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Industrial Production in the United States is expected to be 3.60 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 2023, according to our econometric models.

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United States Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-12-16 02:15 PM Nov 5.3% 5.3% 5%
2022-01-14 02:15 PM Dec 3.7% 5% 5.4%
2022-02-16 02:15 PM Jan 3.7% 2.8%

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
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.