United States Industrial Production Mom

Last Release

Mar 31, 2025

Actual

-0.3

Units In

0.8

Frequency

Monthly

Next Release

May 15, 2025

Time to Release

27 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
16.6 May 1933	-13.6 Apr 2020	0.26 %	1919-2025	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 United States fell by 0.3 percent in March 2025, more than market expectations of a 0.2 percent decrease. The index for utilities decreased 5.8 percent as temperatures were warmer than is typical for the month. The output for electric utilities fell 5.1 percent and the output for natural gas utilities plummeted 11.1 percent. On the other hand, manufacturing output rose 0.3 percent and mining output grew 0.6 percent. Capacity utilization stepped down to 77.8 percent, a rate that is 1.8 percentage points below its long-run (1972–2024) average. Considering Q1, industrial production increased at an annual rate of 5.5 percent.