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United States Industrial Production Mom

Last Release
Apr 30, 2024
Actual
0
Units In
%
Previous
0.1
Frequency
Monthly
Next Release
Jun 18, 2024
Time to Release
1 Months 0 Days 23 Hours
Highest
Lowest
Average
Date Range
Source
16.6
May 1933
-13.6
Apr 2020
0.26 %1919-2024Federal 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 was little changed in April, following a 0.1% increase in March and missing market expectations of a 0.1% growth. Manufacturing output, which makes up 78% of total production, decreased 0.3 percent, compared with market forecast of 0.1% increase. Also, mining output decreased 0.6 percent, largely because of an 18.1 percent decline in the index for coal mining. On the other hand, the output of utilities increased 2.8 percent. Capacity utilization moved down to 78.4 percent in April, a rate that is 1.2 percentage points below its long-run (1972–2023) average.

United States Industrial Production Mom History

Last 12 readings

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