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United States Industrial Production

Price

1.3 %
Change +/-
-0.2 %
Percentage Change
-14.29 %

The current value of the Industrial Production in United States is 1.3 %. The Industrial Production in United States decreased to 1.3 % on 3/1/2025, after it was 1.5 % on 2/1/2025. From 1/1/1920 to 3/1/2025, the average GDP in United States was 3.5 %. The all-time high was reached on 7/1/1933 with 62 %, while the lowest value was recorded on 2/1/1946 with -33.7 %.

Source: Federal Reserve

Industrial Production

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Industrial production

Industrial Production History

DateValue
3/1/20251.3 %
2/1/20251.5 %
1/1/20251.8 %
12/1/20240.5 %
6/1/20240.9 %
12/1/20230.8 %
4/1/20230.3 %
3/1/20230.1 %
2/1/20230.9 %
1/1/20231.5 %
1
2
3
4
5
...
92

Similar Macro Indicators to Industrial Production

NameCurrentPreviousFrequency
🇺🇸
Automobile production
10.354 M Units10.374 M UnitsMonthly
🇺🇸
Bankruptcies
23,107 Companies22,762 CompaniesQuarter
🇺🇸
Business Climate
48.7 points49 pointsMonthly
🇺🇸
Business Inventories
0.2 %0.3 %Monthly
🇺🇸
Capacity Utilization
77.8 %78.2 %Monthly
🇺🇸
CFNAI Employment Index
-0.01 points-0.02 pointsMonthly
🇺🇸
CFNAI Index for Personal Consumption and Housing
0.11 points0 pointsMonthly
🇺🇸
CFNAI Production Index
-0.09 %0.25 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.03 %0.01 %Monthly
🇺🇸
Changes in Inventory Levels
8.9 B USD57.9 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
-0.03 points0.24 pointsMonthly
🇺🇸
Chicago PMI
44.6 points47.6 pointsMonthly
🇺🇸
Composite Leading Indicator
100.678 points100.68 pointsMonthly
🇺🇸
Composite PMI
50.6 points53.5 pointsMonthly
🇺🇸
Consistency Index
146.89 points146.56 pointsMonthly
🇺🇸
Corn Grain Reserves
8.15 B Bushels12.074 B BushelsQuarter
🇺🇸
Corporate profits
3.312 T USD3.129 T USDQuarter
🇺🇸
Dallas Fed Manufacturing Delivery Index
-5.5 points6.1 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Employment Index
-3.9 points-4.6 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Index
-35.8 points-16.3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
48.4 points37.7 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Production Index
5.1 points6 pointsMonthly
🇺🇸
Dallas Fed New Order Index
-20 points-0.1 pointsMonthly
🇺🇸
Dallas Fed Service Sector Revenue Index
3.8 points27.3 pointsMonthly
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Dallas Fed Services Index
-19.4 points-11.3 pointsMonthly
🇺🇸
Durable Goods Orders
9.2 %0.9 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
10.4 %0.8 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0 %0.7 %Monthly
🇺🇸
Factory Orders
4.3 %0.5 %Monthly
🇺🇸
Factory Orders Excluding Transportation
-0.2 %0.3 %Monthly
🇺🇸
Grain Reserves Wheat
1.24 B Bushels1.57 B BushelsQuarter
🇺🇸
Industrial Production MoM
-0.3 %0.8 %Monthly
🇺🇸
ISM Manufacturing Backlog
46.8 points44.9 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
55.2 points53.5 pointsMonthly
🇺🇸
ISM Manufacturing Employment
46.5 points44.7 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
50.8 points53.4 pointsMonthly
🇺🇸
ISM Manufacturing Prices
69.8 points69.4 pointsMonthly
🇺🇸
ISM Manufacturing Production
44 points48.3 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
47.2 points45.2 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
52.3 points50.4 pointsMonthly
🇺🇸
ISM Non-Manufacturing Business Activity
53.7 points55.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Employment
49 points46.2 pointsMonthly
🇺🇸
ISM Non-Manufacturing Prices
65.1 points60.9 pointsMonthly
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Kansas Fed Composite Index
-4 points-2 pointsMonthly
🇺🇸
Kansas Fed Employment Index
-11 points-4 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-5 points1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-12 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-2 points-4 pointsMonthly
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Kansas Fed Paid Prices Index
42 points42 pointsMonthly
🇺🇸
Leading Indicator
100.5 points101.1 pointsMonthly
🇺🇸
LMI Logistics Manager Index Future
60.6 points60.6 pointsMonthly
🇺🇸
LMI Storage Costs
75.6 points70.6 pointsMonthly
🇺🇸
LMI Transport Prices
62.3 points56.4 pointsMonthly
🇺🇸
LMI Warehouse Prices
72.3 points61 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
58.8 points57.1 pointsMonthly
🇺🇸
Manufacturing PMI
50.2 points50.2 pointsMonthly
🇺🇸
Manufacturing Production
1 %0.8 %Monthly
🇺🇸
Manufacturing Production MoM
0.3 %1 %Monthly
🇺🇸
Mining Production
1 %-0.2 %Monthly
🇺🇸
New Orders
618.833 B USD593.159 B USDMonthly
🇺🇸
NFIB Business Optimism Index
97.4 points100.7 pointsMonthly
🇺🇸
NY Empire State Employment Index
-2.6 points-4.1 pointsMonthly
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NY Empire State Manufacturing Index
-8.1 points-20 pointsMonthly
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NY Empire State Manufacturing Index
-8.8 points-14.9 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-2.9 points-8.5 pointsMonthly
🇺🇸
NY Empire State Prices Paid Index
50.8 points44.9 pointsMonthly
🇺🇸
Orders for Capital Goods Excluding Defense and Aircraft
0.1 %-0.3 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
-26.4 points12.5 pointsMonthly
🇺🇸
Philly Fed Business Climate
6.9 points5.6 pointsMonthly
🇺🇸
Philly Fed CAPEX Index
2 points13.4 pointsMonthly
🇺🇸
Philly Fed Employment
0.2 points19.7 pointsMonthly
🇺🇸
Philly Fed New Orders
-34.2 points8.7 pointsMonthly
🇺🇸
Philly Fed Prices Paid
51 points48.3 pointsMonthly
🇺🇸
PMI Non-Manufacturing Sector
51.6 points50.8 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.4 %0.1 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-13 points-4 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-17 points-7 pointsMonthly
🇺🇸
Richmond Fed Services Index
-7 points-4 pointsMonthly
🇺🇸
Services PMI
50.8 points54.4 pointsMonthly
🇺🇸
Soybean Grain Reserves
1.91 B Bushels3.1 B BushelsQuarter
🇺🇸
Steel production
6.7 M Tonnes6 M TonnesMonthly
🇺🇸
Total Vehicle Sales
17.273 M 17.831 M Monthly
🇺🇸
Vehicle Registrations
287,600 219,800 Monthly
🇺🇸
Wholesale Inventory Levels
0.5 %0.5 %Monthly

In the United States, industrial production quantifies the output of businesses within the industrial sector of the economy. Manufacturing plays a critical role, comprising 78 percent of total production. Significant segments within manufacturing include 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 represent 11 percent of production, while utilities contribute the remaining 11 percent.

What is Industrial Production?

At Eulerpool, we understand that macroeconomic indicators offer profound insights into the health and direction of an economy. One of the most pivotal categories within macroeconomics is 'Industrial Production.' This parameter serves as a barometer for economic activity, illustrating variations and trends in the output of major industrial sectors such as manufacturing, mining, and utilities. In this comprehensive overview, we delve into the essence, significance, and mechanics of industrial production, providing a detailed perspective that will be invaluable for economists, analysts, investors, and policymakers alike. Industrial production, at its core, measures the output of the industrial sector of the economy. This sector is a critical component, often acting as a backbone due to its substantial contribution to GDP, employment, and innovation. The three predominant sub-sectors encompassed within industrial production are manufacturing, mining, and utilities. Each of these plays a distinct role: manufacturing pertains to the processing of raw materials into finished goods, mining involves the extraction of valuable minerals and resources from the earth, and utilities encompass the provision of essential services such as electricity, water, and gas. The significance of monitoring industrial production cannot be overstated. As an indicator, it is instrumental in providing an understanding of the economic cycle's various phases, including expansion, peak, contraction, and trough. By observing the trends and fluctuations in industrial production, stakeholders can infer the level of business activity, consumer demand, and economic stress or vitality. For instance, an uptick in industrial production often correlates with increased consumer demand and business investment, indicative of a growing economy. Conversely, a decline might signal economic distress, potentially forecasting diminished consumer spending and business contraction. For economists and analysts, industrial production data serves as a rich, granular source of real-time information that reflects the immediate economic environment far more rapidly than GDP figures, which are released quarterly. Monthly industrial production indices provide timely updates that aid in constructing economic forecasts, developing monetary policies, and formulating business strategies. Accurate assessment of these indices can inform central banks about inflationary pressures or recession risks, prompting adjustments in interest rates and other monetary tools to steer the economy towards desired outcomes. Investors, too, rely heavily on industrial production data. Fluctuations in output levels can influence stock prices, particularly in sectors directly linked to manufacturing, mining, and utilities. For instance, robust industrial production growth often leads to higher corporate earnings, resulting in bullish stock markets. On the flip side, a slump can foreshadow lower profits, prompting bearish sentiments. Thus, timely and accurate industrial production data empower investors to make informed decisions, optimizing their portfolios in alignment with economic trajectories. When delving deeper into the mechanics of industrial production, it becomes clear that this indicator is a composite index calculated from various industrial metrics. In the United States, for example, the Federal Reserve Board’s monthly report on industrial production includes detailed data from the Census Bureau's Annual Survey of Manufactures, the Department of Energy, and other sources. This composite index is typically expressed as a percentage of industrial output in a base year, allowing for the measurement of growth or contraction over time. One must also consider the capacity utilization rate, which often accompanies industrial production data. This rate measures the extent to which industrial capacity is being used to produce goods. It indicates potential maximal output and highlights the difference between current production and full capacity. A high capacity utilization rate suggests that industries are nearing their production limits, potentially leading to bottlenecks and inflationary pressures. Conversely, a low rate indicates underutilized resources, suggesting room for expansion without incurring additional costs, which is crucial for planning and investment decisions. Moreover, key policy decisions are influenced by industrial production data. For instance, governments may craft fiscal policies to stimulate industrial growth by offering incentives such as tax breaks, subsidies, or grants for research and development. Such measures can enhance productivity, drive innovation, and foster economic resilience. Similarly, trade policies, including tariffs and import-export regulations, are often tailored based on the current state of industrial production to protect domestic industries and ensure sustainable economic growth. Understanding regional variations within industrial production is also essential. Different regions may experience disparate industrial dynamics due to factors such as resource availability, labor market conditions, and historical industrial bases. For example, regions abundant in natural resources might exhibit strong mining output, whereas others with robust infrastructure may excel in manufacturing. Utilities' production, however, tends to be more evenly distributed, as it is crucial for all regions. Analyzing these regional nuances can provide a more granular understanding of the national economy's overall health and potential growth areas. At Eulerpool, we are committed to providing up-to-the-minute, precise, and comprehensive industrial production data, enabling our users to stay ahead in an ever-evolving economic landscape. Our platform offers an intuitive interface, detailed datasets, and analytical tools designed to help you interpret industrial production metrics proficiently. Whether you are an economist deciphering macroeconomic trends, an investor navigating market fluctuations, or a policymaker strategizing economic interventions, our resources are tailored to meet your needs with accuracy and efficiency. In conclusion, industrial production stands as a cornerstone of macroeconomic analysis. Its impact on economic assessment, policy formulation, and investment decisions is profound and multifaceted. By offering a clear reflection of industrial activity levels, it equips stakeholders with the knowledge required to navigate economic cycles adeptly. At Eulerpool, we pride ourselves on being your trusted source for this crucial data, helping you make informed, strategic decisions in the complex world of macroeconomics.