Loading page content
Loading page content
US Industrial Production MoM held to 0.1% in June 2026, released July 2026. The reading missed the 0.2% consensus by 0.1%. The print is running well below the 12-month average of 0.14%. Over the past 3 months, Industrial Production MoM averaged 0.4%, vs 0.13% in the prior 3-month window. The reading is in the 52nd percentile of the trailing 24-month range.
across last 12 releases
Jul 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AAPL | ▼ Inverse | −0.84 | STOCKS | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.73 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.64 | CRYPTO | Moves against | → View |
| MSFT | ▼ Inverse | −0.53 | STOCKS | Moves against | → View |
| USD/CAD | ▲ Direct | +0.43 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Industrial Production MoM (United States) was reported at 0.1% in July 2026. This missed the market consensus of 0.2% by 0.1%. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.22%, ranging from -0.1% to 0.7% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
The trailing three releases averaged 0.3%, down from the prior three at 0.43%. Volatility over the past year (σ 0.27%) is lower than the prior year (σ 1.71%). In July readings over the past 3 years, Industrial Production MoM has averaged 0.33%.
Historically, this indicator is negatively correlated with AAPL (Bearish AAPL). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.19%.
The next release is scheduled for August 18, 2026. Same-country events in the next 14 days include Atlanta Fed GDPNow (Jul 30) and Employment Cost Index QoQ (Jul 31).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
Industrial Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors within a specific country or region over a one-month period. This indicator provides valuable insights into the health and growth of the industrial sector, which is a crucial component of a country's overall economic performance. It is closely monitored by investors, policymakers, and analysts as it can impact inflation, employment, and consumer spending. A positive MoM change in industrial production indicates a growing economy, while a negative change may signal a slowdown or contraction.
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jun 2026): actual 0.1 %, consensus 0.2 %. Prior reading (May 2026): 0.1 %. Before that (Apr 2026): 0.7 %.
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AAPL (Bearish AAPL, r=-0.84) — a useful reference for stocks-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Wednesday, July 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:30 | EIA Crude Oil Stocks Change | -7.167 | 2.011 | -1.3 | -4.23 | Medium | |
| 14:30 | EIA Gasoline Stocks Change | 0.007 | 0.765 | -0.7 | -0.35 | Medium | |
| 14:30 | EIA Distillate Stocks Change | 1.062 | 1.395 | 0.2 | 0.63 | Low | |
| 18:00 | Fed Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High | |