X

Industrial Production (MoM)

The Industrial Production released by the Board of Governors of the Federal Reserve shows the volume of production of US industries such as factories and manufacturing. Up trend is regarded as inflationary which may anticipate interest rates to rise. If High industrial production growth comes out, this may generate a positive sentiment (or bullish) for the USD.

Most recent - Thursday 16 November 2023 14:15

Previous
0.3%
Revised
0.1%
Forecast
-0.3%
Actual
-0.6%

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Friday 15 December 2023 14:15

Previous
-0.6%
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Industrial Production (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Industrial Production (MoM) was -0.6% against a forecast of -0.3%.

Past events

Date
Forecast
Actual
Thursday 16 November 2023 14:15
-0.3%
-0.6%
Tuesday 17 October 2023 13:15
0%
0.3%
Friday 15 September 2023 13:15
0.1%
0.4%
Wednesday 16 August 2023 13:15
0.3%
1%
Tuesday 18 July 2023 13:15
0%
-0.5%
Thursday 15 June 2023 13:15
0.1%
-0.2%
Tuesday 16 May 2023 13:15
0%
0.5%
Friday 14 April 2023 13:15
0.2%
0.4%
Friday 17 March 2023 13:15
0.2%
0%
Wednesday 15 February 2023 14:15
0.5%
0%
Wednesday 18 January 2023 14:15
-0.1%
-0.7%
Thursday 15 December 2022 14:15
0.1%
-0.2%
Wednesday 16 November 2022 14:15
0.2%
-0.1%
Tuesday 18 October 2022 13:15
0.1%
0.4%
Thursday 15 September 2022 13:15
0.1%
-0.2%
Tuesday 16 August 2022 13:15
0.3%
0.6%
Friday 15 July 2022 13:15
0.1%
-0.2%
Friday 17 June 2022 13:15
0.4%
0.2%
Tuesday 17 May 2022 13:15
0.5%
1.1%
Friday 15 April 2022 13:15
0.4%
0.9%
Thursday 17 March 2022 13:15
0.5%
0.5%
Wednesday 16 February 2022 14:15
0.4%
1.4%
Friday 14 January 2022 14:15
0.4%
-0.1%
Thursday 16 December 2021 14:15
0.7%
0.5%
Tuesday 16 November 2021 14:15
0.7%
1.6%
Monday 18 October 2021 13:15
0.2%
-1.3%
Wednesday 15 September 2021 13:15
0.5%
0.4%
Tuesday 17 August 2021 13:15
0.4%
0.9%
Thursday 15 July 2021 13:15
0.7%
0.4%
Tuesday 15 June 2021 13:15
0.6%
0.8%
Friday 14 May 2021 13:15
1%
0.7%
Thursday 15 April 2021 13:15
2.8%
1.4%
Tuesday 16 March 2021 13:15
0.6%
-2.2%
Wednesday 17 February 2021 14:15
0.5%
0.9%
Friday 15 January 2021 14:15
0.4%
1.6%
Tuesday 15 December 2020 14:15
0.3%
0.4%

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:

PreviousLatest
ISM Manufacturing Employment IndexBearish change46.845.8
ISM Manufacturing New Orders IndexBullish change45.548.3
ISM Manufacturing PMI(no change)46.746.7
ISM Manufacturing Prices PaidBullish change45.149.9
Pending Home Sales (MoM)Bearish change1%-1.5%
Chicago Purchasing Managers' IndexBullish change4455.8
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.7%3.5%
Initial Jobless ClaimsBearish change211K218K
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0%
Personal Consumption Expenditures - Price Index (YoY)Bearish change3.4%3%
Personal Income (MoM)Bearish change0.4%0.2%
Personal SpendingBearish change0.7%0.2%
Core Personal Consumption Expenditures (QoQ)Bearish change2.4%2.3%
Gross Domestic Product AnnualizedBullish change4.9%5.2%
Gross Domestic Product Price Index(no change)3.5%3.5%
Personal Consumption Expenditures Prices (QoQ)Bearish change2.9%2.8%
Housing Price Index (MoM)(no change)0.6%0.6%
New Home Sales Change (MoM)Bearish change8.6%-5.6%
S&P Global Composite PMI(no change)50.750.7
S&P Global Manufacturing PMIBearish change5049.4
S&P Global Services PMIBullish change50.650.8
Michigan Consumer Sentiment IndexBullish change60.461.3
UoM 5-year Consumer Inflation Expectation(no change)3.2%3.2%
Durable Goods OrdersBearish change4.6%-5.4%
Durable Goods Orders ex DefenseBearish change5.7%-6.7%
Durable Goods Orders ex TransportationBearish change0.4%0%
Initial Jobless ClaimsBullish change233K209K
Nondefense Capital Goods Orders ex AircraftBearish change0.5%-0.1%
Existing Home Sales Change (MoM)Bearish change-2.2%-4.1%

About Industrial Production (MoM)

Country:United States
Currency:USD
Source:Federal Reserve
Category:Economic Activity
Frequency:Monthly

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