Industrial Production in the United States flattened year-on-year in March 2024, following a downwardly revised 0.3% fall in February. Utilities were down 3.1% and mining declined 2% while manufacturing rose 0.8%. source: Federal Reserve
Industrial Production in the United States decreased 0 percent in March of 2024 over the same month in the previous year. Industrial Production in the United States averaged 3.53 percent from 1920 until 2024, reaching an all time high of 62.00 percent in July of 1933 and a record low of -33.70 percent in February of 1946. This page provides the latest reported value for - United States Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Industrial Production in the United States decreased 0 percent in March of 2024 over the same month in the previous year. Industrial Production in the United States is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Industrial Production is projected to trend around 2.00 percent in 2025, according to our econometric models.