United States Industrial Production Mom

Last Release

Feb 28, 2025

Actual

0.7

Units In

0.3

Frequency

Monthly

Next Release

Apr 16, 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 rose by 0.7% in February 2025, the third consecutive month of increases and surpassing market expectations of 0.2%. It follows a downwardly revised 0.3% rise in January and a 1.1% rise in December. Manufacturing output, which accounts for 78% of total industrial production, increased 0.9%, boosted by a jump of 8.5% in the index for motor vehicles and parts. The output of manufacturing excluding motor vehicles and parts increased 0.4%. Also, mining output grew 2.8%, rebounding from a 3.2% fall in January. On the other hand, the index for utilities decreased 2.5%, as the output for electric utilities and for natural gas utilities decreased 1.2% and 11.1%, respectively. Capacity utilization stepped up to 78.2%, a rate that is 1.4 percentage points below its long-run (1972–2024) average.