Industrial production in the United States shrank by 0.9% year-on-year in November of 2024, following a revised 0.5% decrease in the prior month. This marked the third consecutive month of contraction in industrial activity, with a sharper decline than in the previous two months. source: Federal Reserve
Industrial Production in the United States decreased 0.90 percent in November of 2024 over the same month in the previous year. Industrial Production in the United States averaged 3.50 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 January of 2025.
Industrial Production in the United States decreased 0.90 percent in November of 2024 over the same month in the previous year. Industrial Production in the United States is expected to be -0.50 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 and 1.50 percent in 2026, according to our econometric models.