Industrial production in the United States decreased 7.70 percent year-on-year in August of 2020, following a downwardly revised 7.4 percent drop in July. It marks the 12th straight month of falling industrial output, exacerbated by the coronavirus crisis. Manufacturing production went down 6.9 percent and mining 17.9 percent while utilities rose 0.5 percent.

Industrial Production in the United States averaged 3.63 percent from 1920 until 2020, reaching an all time high of 62 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 September of 2020. source: Federal Reserve