--- title: "Industrial Production and Manufacturing: December’s Boost" description: December's industrial production saw its strongest gain of 2024, driven by manufacturing, mining, and utilities, signaling potential growth for 2025 image: https://today.ftrintel.com/hubfs/social%20images/Blog%20images/2025/01-January/TMU%20Podcast%20Blog%20Jan%2020.png --- ![](https://today.ftrintel.com/hs-fs/hubfs/social%20images/Blog%20images/2025/01-January/TMU%20Podcast%20Blog%20Jan%2020.png?width=1600&height=500&name=TMU%20Podcast%20Blog%20Jan%2020.png) trucking Industrial Production manufacturing # Industrial Production and Manufacturing: December’s Boost ![Avery Vise, VP of Trucking](https://today.ftrintel.com/hs-fs/hubfs/Avery%20outside_cropped.jpg?width=48&height=48&name=Avery%20outside_cropped.jpg) Avery Vise, VP of Trucking January 23, 2025 Industrial Production and Manufacturing: December’s Boost 1:33 Industrial production (IP) had a standout month in December 2024, posting a 0.9% month-over-month (m/m) gain, the strongest since February. This improvement was driven by healthy increases across manufacturing, mining, and utilities. - **Mining** surged 1.8%, while **utilities** jumped 2.1%. - **Manufacturing** rose 0.6%, matching August for its best gain since May. The resolution of a Boeing strike contributed 0.2 percentage points to the overall IP increase. Notably, aerospace and transportation equipment production soared by 6.3%. ### Manufacturing: Mixed Performance Within manufacturing: - **Nondurables** led with a 0.7% m/m gain, slightly outpacing **durables** at 0.6%. - **Automotive production** fell 0.6%, but excluding autos, manufacturing rose a solid 0.7%. ### Annual Trends For 2024, IP dipped 0.3%, while manufacturing output declined 0.5%—marking the second consecutive year of declines. Despite these annual challenges, December showed IP up 0.5% year-over-year, and manufacturing held steady. ![Manufacturing Output](https://content.ftrintel.com/hs-fs/hubfs/social%20images/Blog%20images/2025/01-January/Manufacturing%20Output.png?width=1200&length=1200&name=Manufacturing%20Output.png) ### Key Takeaway December’s performance points to a potential turnaround for industrial production and manufacturing. With strong momentum heading into 2025, there’s hope for continued growth in these sectors. ### Tune in to my Trucking Podcast! ![11 Podcast Graphics - Updated 5.28.24(2)](https://today.ftrintel.com/hs-fs/hubfs/11%20Podcast%20Graphics%20-%20Updated%205.28.24(2).png?width=1080&height=1080&name=11%20Podcast%20Graphics%20-%20Updated%205.28.24(2).png) ### Tune into my Trucking Podcast Tune in to the FTR Trucking Podcast, where we break down the latest trends, market insights, and economic shifts shaping freight and transportation. Whether you’re a fleet owner, driver, or industry professional, our expert hosts deliver actionable intelligence and engaging conversations to help you navigate the road ahead. Don’t just keep up—drive the conversation. [ Tune in here! ](https://www.ftrintel.com/trucking-podcast) What trends are you seeing in your operations? Let’s discuss!  And check out our replay for our Free January Webinar or weekly Spot Market Insights or by clicking on the images below. [![FTR_SOF webinar_Jan 2025_SM_recording_1-1](https://content.ftrintel.com/hs-fs/hubfs/Events/Marketing%20Collateral%20-Webinars/2025%20Jan.%20SOF%20Webinar%20-%20Complimentary/FTR_SOF%20webinar_Jan%202025_SM_recording_1-1.jpg?width=1200&length=1200&name=FTR_SOF%20webinar_Jan%202025_SM_recording_1-1.jpg) ](https://www.ftrintel.com/2025outlookreplay) [![FTR blog_spot market insights](https://content.ftrintel.com/hs-fs/hubfs/social%20images/Blog%20images/2025/FTR%20blog_spot%20market%20insights.jpg?width=1200&length=1200&name=FTR%20blog_spot%20market%20insights.jpg) ](https://freight.ftrintel.com/spotmarketinsights) ## Share this post [mailto:https%3A%2F%2Ftoday.ftrintel.com%2Findustrial-production-manufacturing-growth](mailto:https%3A%2F%2Ftoday.ftrintel.com%2Findustrial-production-manufacturing-growth) ## Keep reading [![](https://today.ftrintel.com/hs-fs/hubfs/Marketing%20Collateral/Blogs/Blog%20images/2026/July/_Class%208%20July%202026%20blog.png?width=1600&height=500&name=_Class%208%20July%202026%20blog.png) class 8 trucks forecasting ### Class 8 Orders Surge Again as Industry Nears 2026 Production Capacity ](https://today.ftrintel.com/class-8-july-2026) [![](https://today.ftrintel.com/hs-fs/hubfs/Marketing%20Collateral/Blogs/Blog%20images/2026/June/_RMU%20June%2026%202026%20blog.png?width=1600&height=500&name=_RMU%20June%2026%202026%20blog.png) intermodal carload Rail ### Rail Traffic Holds Steady While Intermodal Extends Its Winning Streak ](https://today.ftrintel.com/rmu-june-26-2026) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Avery Vise, VP of Trucking", "url" : "https://today.ftrintel.com/author/avery-vise" }, "dateModified" : "2025-01-23T18:42:04.757Z", "datePublished" : "2025-01-23T18:18:39.000Z", "headline" : "Industrial Production and Manufacturing: December’s Boost", "image" : [ "https://today.ftrintel.com/hubfs/social%20images/Blog%20images/2025/01-January/TMU%20Podcast%20Blog%20Jan%2020.png" ], "mainEntityOfPage" : { "@id" : "https://today.ftrintel.com/industrial-production-manufacturing-growth", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://today.ftrintel.com/hubfs/FTR%20Logos%20and%20Icons/FTR_Logo_Primary_FullColor.png" }, "name" : "FTR | Transportation Intelligence" } } ```