Total industrial production in the United States increased 0.7 percent from a month earlier in April 2021, easing from an upwardly revised 2.4 percent growth in March and missing market consensus of a 1.0 percent advance. Manufacturing output rose 0.4 percent, due to the return to operation of plants that were damaged by February's severe weather in the south central region of the country and had remained offline in March. However, factory output was hit by a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively. source: Federal Reserve
Industrial Production Mom in the United States averaged 0.27 percent from 1919 until 2021, reaching an all time high of 16.60 percent in May of 1933 and a record low of -12.70 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 June of 2021.
Industrial Production Mom in the United States is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in the United States to stand at 0.30 in 12 months time. In the long-term, the United States Industrial Production MoM is projected to trend around 0.30 percent in 2022 and 0.20 percent in 2023, according to our econometric models.