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United States Industrial Production Mom
Last Release
Feb 2021
Actual
-2.2 %
Forecast
2.8 %
Previous
1.1 %
Frequency
Monthly
Units In
%
Next Release
Apr 15, 2021
Time to Release
0 Days 2 Hours
Highest | Lowest | Average | Date Range | Source |
16.6 % May 1933 | -12.5 % Apr 2020 | 0.27 % | 1919 - 2021 | Federal Reserve |
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.
Latest Updates
Industrial production in the US increased 1.1 percent month-over-month in November of 2019, following an upwardly revised 0.9 percent fall in October and beating market expectations of a 0.8 percent rise. It is the biggest jump in industrial output since October of 2017, due to a bounce back in the output of motor vehicles and parts following the end of a strike at General Motors. The 40-day strike was the longest for auto workers in 50 years and involved more than 48,000 people. It ended with a new four-year contract between the company and the United Auto Workers union in which some small pay rises and factory investments were included.
United States Industrial Production Mom History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Dec 17, 2019 | 14:35 | US Industrial Output Rebounds after GM Strike Ends |
| Nov 15, 2019 | 14:38 | US Industrial Production Falls the Most in 1-1/2 Year |
| Oct 17, 2019 | 13:39 | US Industrial Output Falls More than Expected |
| Sep 17, 2019 | 14:52 | US Industrial Output Rebounds Firmly in August |
| Aug 15, 2019 | 13:21 | US Industrial Output Falls Unexpectedly |
| Jul 16, 2019 | 13:20 | US Industrial Output Flat in June |
| Jun 14, 2019 | 13:24 | US Industrial Output Rises the Most in 6 Months |
United States business Indicators
All United States indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| API Crude Oil Stock Change | -3.61 Apr 2021 | -2.62 Apr 2021 | -12.4 Nov 2013 | 14.3 Feb 2015 | BBL/1Million | Weekly | 2012 - 2021 |
| Business Confidence | 64.7 Mar 2021 | 60.8 Feb 2021 | 29.4 May 1980 | 77.5 Jul 1950 | points | Monthly | 1948 - 2021 |
| Business Inventories | 0.3 Jan 2021 | 0.6 Dec 2020 | -2.3 May 2020 | 1.3 Dec 2010 | % | Monthly | 1992 - 2021 |
| Bankruptcies | 21,655 Dec 2020 | 22,391 Sep 2020 | 19,695 Dec 2006 | 82,446 Dec 1987 | Companies | Quarterly | 1980 - 2020 |
| Car Registrations | 286.74 Jan 2021 | 324.56 Dec 2020 | 180.56 Apr 2020 | 1,149 Sep 1986 | Thousand | Monthly | 1975 - 2021 |
| Chain Store Sales | 1,296 Jan 2021 | 3,827 Dec 2020 | 1,098 May 2020 | 15,875 Dec 1999 | USD Million | Monthly | 1992 - 2021 |
Industrial Production Mom across North America
Industrial Production Mom global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Canada | 0.46 Dec 2019 | -0.28 Nov 2019 | -3.5 Dec 2008 | 3.33 Jan 2002 | % | Monthly | 1997 - 2019 |
| Mexico | 0.4 Feb 2021 | 0.2 Jan 2021 | -25.1 Apr 2020 | 17.9 Jun 2020 | % | Monthly | 1993 - 2021 |
| United States | -2.2 Feb 2021 | 1.1 Jan 2021 | -12.5 Apr 2020 | 16.6 May 1933 | % | Monthly | 1919 - 2021 |