United States Industrial Production MoM 1919-2018 | Data | Chart

US industrial production increased by 1.1 percent month-over-month in February 2018, following an upwardly revised 0.3 percent drop in January and easily beating market expectations of a 0.3 percent gain. Manufacturing production increased the most since October and mining output rebounded sharply, mostly reflecting strong gains in oil and gas extraction. By contrast, utilities output fell 4.7 percent, as warmer-than-normal temperatures last month reduced the demand for heating. Industrial Production Mom in the United States averaged 0.28 percent from 1919 until 2018, reaching an all time high of 16.60 percent in May of 1933 and a record low of -10.40 percent in August of 1945.

United States Industrial Production MoM
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US Industrial Output Rises More than Expected


US industrial production increased by 1.1 percent month-over-month in February 2018, following an upwardly revised 0.3 percent drop in January and easily beating market expectations of a 0.3 percent gain. Manufacturing production increased the most since October and mining output rebounded sharply, while utilities shrank.

Manufacturing production increased 1.2 percent in February, its largest gain since October, recovering from a 0.2 percent fall in the previous month. Durable manufacturing went up 1.8 percent (vs -0.4 percent in January), as output rose for motor vehicles and parts (3.9 percent vs -0.2 percent), fabricated metal products (1.6 percent vs 0.4 percent), computer and electronic products (1.5 percent vs 0.7 percent) and machinery (0.5 percent vs -2.2 percent). Also, nondurable manufacturing grew 0.7 percent after showing no growth in January. Food, beverage, and tobacco products output increased 1.7 percent (vs 0.5 percent in January) and chemicals production advanced 0.6 percent (vs 0.4 percent in January).

Mining output jumped 4.3 percent, rebounding from a 1.5 percent contraction in January, mostly reflecting strong gains in oil and gas extraction.

The index for utilities fell 4.7 percent, compared to a 1.3 percent growth in the previous month, as warmer-than-normal temperatures last month reduced the demand for heating. Output fell for both natural gas (-13.8 percent vs -4.7 percent) and electric (-3.3 percent vs 2.2 percent).

Capacity utilization for the industrial sector climbed 0.7 percentage point in February to 78.1 percent, its highest reading since January 2015 but still 1.7 percentage points below its long-run (1972–2017) average.


Federal Reserve | Joana Ferreira |
3/16/2018 1:26:43 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-17 02:15 PM Industrial Production MoM 0.9% -0.1% 0.4% 0.3%
2018-02-15 02:15 PM Industrial Production MoM -0.1% 0.4% 0.2% 0.2%
2018-03-16 01:15 PM Industrial Production MoM 1.1% -0.3% 0.3% 0.2%
2018-04-17 01:15 PM Industrial Production MoM 1.1% -0.2%
2018-05-16 01:15 PM Industrial Production MoM 0.6%
2018-06-15 01:15 PM Industrial Production MoM 0.1%


United States Business Last Previous Highest Lowest Unit
Business Confidence 60.80 59.10 77.50 29.40 Index Points [+]
Manufacturing PMI 55.70 55.30 57.90 50.70 [+]
Services PMI 54.10 55.90 61.00 49.30 Index Points [+]
Non Manufacturing PMI 59.50 59.90 62.00 37.60 [+]
Composite Pmi 54.30 55.80 61.00 50.00 Index Points [+]
Industrial Production 4.40 3.50 62.00 -33.70 percent [+]
Industrial Production Mom 1.10 -0.30 16.60 -10.40 percent [+]
Manufacturing Production 2.50 1.60 67.90 -39.40 percent [+]
Capacity Utilization 78.10 77.40 89.40 66.70 percent [+]
Durable Goods Orders 3.10 -3.50 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 2.50 -2.50 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 1.20 -0.20 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.90 4.60 -7.30 percent [+]
New Orders 491686.00 498229.00 565232.00 223500.00 USD Million [+]
Factory Orders -1.40 1.80 10.20 -9.40 percent [+]
Business Inventories 0.60 0.60 1.30 -2.00 percent [+]
Changes in Inventories 8.03 38.51 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.80 0.70 2.10 -2.00 percent [+]
Bankruptcies 23157.00 23109.00 82446.00 19695.00 Companies [+]
Corporate Profits 1738.20 1643.80 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 107.60 106.90 107.70 80.10 Index Points [+]
Ism New York Index 54.50 72.50 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 22.30 25.80 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 22.50 13.10 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 28.00 14.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.12 0.14 2.74 -5.15 [+]
Dallas Fed Manufacturing Index 37.20 33.40 46.60 -59.50 Index Points [+]
Chicago Pmi 61.90 65.70 81.00 20.70 Index Points [+]
Car Production 3.17 2.89 9.92 1.29 Million Units [+]
Car Registrations 413.33 484.24 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.08 17.16 21.77 9.05 Million [+]
Crude Oil Stocks Change -2.62 5.02 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -86.00 -93.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1693.00 -6271.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 184.16 184.12 184.16 70.21 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -2.74 1.16 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 804.00 800.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 6822.00 6760.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 9.70 8.90 108.20 -28.80 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 -0.30 16.60 -10.40 1919 - 2018 percent Monthly
Volume, SA




industrial production mom by Country
Country Last
Australia 0.00 Dec/17
Brazil -2.40 Jan/18
Canada 0.00 Dec/17
China 0.57 Feb/18
Euro Area -1.00 Jan/18
France -2.00 Jan/18
Germany -0.10 Jan/18
India 1.50 Jan/18
Indonesia -1.50 Nov/17
Italy -1.90 Jan/18
Japan -6.80 Jan/18
Mexico 0.00 Jan/18
Netherlands -5.80 Jan/18
Russia -2.00 Feb/18
South Korea 1.00 Jan/18
Spain -2.60 Jan/18
Turkey -0.80 Jan/18
United Kingdom 1.30 Jan/18
United States 1.10 Feb/18


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