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US Industrial Output Rises More than Expected
Industrial production in the United States rose 0.7% month-over-month in January 2026, the most since February and more than market expectations of a 0.4% gain. Manufacturing output advanced 0.6%, also the most since February and above forecasts of 0.4%, with widespread gains across industry groups. Mining output decreased 0.2%, following a 0.9% decrease in December, while the output for utilities increased 2.1%. Capacity utilization rose to 76.2%, a rate that is 3.2 percentage points below its long-run (1972–2025) average.
Published on 2026-02-18

US Industrial Output Rises More than Expected
Industrial production in the United States rose 0.4% month-over-month in December, the same as in November and above market expectations of 0.1%. Manufacturing output increased 0.2%, beating forecasts for a 0.2% drop. Also, the index for utilities rose 2.6%, supported by a 12% jump in the index for natural gas. On the other hand, mining output fell 0.7%. Capacity utilization stepped up to 76.3 percent, a rate that is 3.2 percentage points below its long-run (1972–2024) average.
Published on 2026-01-16

US Industrial Output Rises More than Expected
Industrial production in the United States rose 0.4% month-over-month in December, the same as in November and above market expectations of 0.1%. Manufacturing output increased 0.2%, beating forecasts for a 0.2% drop. Also, the index for utilities rose 2.6%, supported by a 12% jump in the index for natural gas. On the other hand, mining output fell 0.7%. Capacity utilization stepped up to 76.3 percent, a rate that is 3.2 percentage points below its long-run (1972–2024) average.
Published on 2026-01-16

US Industrial Output Growth Slows Across October and November
Industrial Production in the United States rose 0.1% per month across October and November, the same as the rate of increase in September and a somewhat slower average pace than the past 12 months. Manufacturing output was flat in November after dropping 0.4 percent in October. There were swings in both mining and utilities output over October and November, though, on net, both sectors posted gains. Capacity utilization was 76.0 percent in November, a rate that is 3.5 percentage points below its long-run (1972–2024) average.
Published on 2025-12-23

US Industrial Output Growth Slows Across October and November
Industrial Production in the United States rose 0.1% per month across October and November, the same as the rate of increase in September and a somewhat slower average pace than the past 12 months. Manufacturing output was flat in November after dropping 0.4 percent in October. There were swings in both mining and utilities output over October and November, though, on net, both sectors posted gains. At 101.8 percent of its 2017 average, total IP in November was 2.5 percent above its year-earlier level. Capacity utilization was 76.0 percent in November, a rate that is 3.5 percentage points below its long-run (1972–2024) average.
Published on 2025-12-23

US Industrial Production Edges Higher in September
US industrial production rose 0.1% month-over-month in September 2025, following a downwardly revised 0.3% drop in August and slightly beating market expectations for no change. A rebound in utilities output drove the increase, with the sector gaining 1.1% after a 3.0% plunge in the prior month. Electric utility output rose 1.3%, more than offsetting a 0.4% decline in natural gas utilities. Mining output was unchanged in September, following a 0.4% increase in August. Manufacturing production was also flat (vs. +0.1% previously). Within manufacturing, durable goods output inched up 0.1%, supported by gains in aerospace and miscellaneous transportation equipment (+1.4%), fabricated metal products (+1.2%), and computer and electronic products (+0.7%). These were partly offset by declines in motor vehicles and parts (-2.2%) and machinery (-0.1%). Nondurable goods production slipped 0.1%, as chemical output fell 0.2% while food, beverage, and tobacco products were unchanged.
Published on 2025-12-03

US Industrial Production Unexpectedly Rebounds
Industrial production in the United States ticked up 0.1% in August 2025, beating market expectations for a 0.1% decrease after a downwardly revised 0.4% fall in July. Manufacturing output, which makes up about 78% of total industrial production, rose 0.2% after decreasing 0.1% in July and compared with forecasts for a 0.2% drop. Mining output grew 0.9%, while the index for utilities decreased 2%, as a 2.3% decline in the output of electric utilities more than offset a 0.2% increase in the output of natural gas utilities. Capacity utilization maintained the same rate of 77.4%, a rate that is 2.2 percentage points below its long-run (1972–2024) average.
Published on 2025-09-16

US Industrial Output Misses Market Expectations
Industrial production in the United States edged down 0.1% in July 2025, missing forecasts of a flat reading and following an upwardly revised 0.4% rise in June. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, was unchanged after increasing 0.3% in June. Tthe index for mining declined 0.4%, and the index for utilities decreased 0.2%, with a decline in electric utilities output more than offsetting an increase in the output of natural gas utilities. Capacity utilization moved down to 77.5% in July, a rate that is 2.1 percentage points below its long-run (1972–2024) average.
Published on 2025-08-15

US Industrial Output Falls in July
Industrial production in the United States edged down 0.1% in July 2025, missing forecasts of a flat reading and following an upwardly revised 0.4% rise in June. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, was unchanged after increasing 0.3% in June. Tthe index for mining declined 0.4%, and the index for utilities decreased 0.2%, with a decline in electric utilities output more than offsetting an increase in the output of natural gas utilities. Capacity utilization moved down to 77.5% in July, a rate that is 2.1 percentage points below its long-run (1972–2024) average.
Published on 2025-08-15

US Industrial Output Falls in July
Industrial production in the United States edged down 0.1% in July 2025, missing forecasts of a flat reading and following an upwardly revised 0.4% rise in June. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, was unchanged after increasing 0.3% in June. The index for mining declined 0.4%, and the index for utilities decreased 0.2%, with a decline in electric utilities output more than offsetting an increase in the output of natural gas utilities. Capacity utilization moved down to 77.5% in July, a rate that is 2.1 percentage points below its long-run (1972–2024) average.
Published on 2025-08-15

US Industrial Output Misses Market Expectations
Industrial production in the United States edged down 0.1% in July, missing forecasts of a flat reading and following an upwardly revised 0.4% rise in June. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, was unchanged after increasing 0.3% in June. Tthe index for mining declined 0.4%, and the index for utilities decreased 0.2%. Capacity utilization moved down to 77.5% in July, a rate that is 2.1 percentage points below its long-run (1972–2024) average.
Published on 2025-08-15

US Industrial Output Misses Market Expectations
Industrial production in the United States edged down 0.1% in July, missing forecasts of a flat reading and following an upwardly revised 0.4% rise in June. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, was unchanged after increasing 0.3% in June. Tthe index for mining declined 0.4%, and the index for utilities decreased 0.2%, with a decline in electric utilities output more than offsetting an increase in the output of natural gas utilities. Capacity utilization moved down to 77.5% in July, a rate that is 2.1 percentage points below its long-run (1972–2024) average.
Published on 2025-08-15

US Industrial Output Rises More than Expected
Industrial production in the United States rose by 0.3% in June, exceeding market expectations of a 0.1% gain, after being flat in both April and May. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, slightly ahead of forecasts for no change. Utilities output saw a strong rebound, increasing 2.8% as a 3.5% rise in electricity generation offset a 2.6% drop in natural gas output. Meanwhile, the mining sector contracted by 0.3%. Capacity utilization climbed to 77.6%, still 2 percentage points below its long-run average of 79.6% (1972–2024). For the second quarter overall, industrial production grew at an annualized rate of 1.1%.
Published on 2025-07-16

US Industrial Output Rises More than Expected
Industrial production in the United States rose by 0.3% in June, exceeding market expectations of a 0.1% gain, after being flat in both April and May. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, slightly ahead of forecasts for no change. Utilities output saw a strong rebound, increasing 2.8% as a 3.5% rise in electricity generation offset a 2.6% drop in natural gas output. Meanwhile, the mining sector contracted by 0.3%. Capacity utilization climbed to 77.6%, still 2 percentage points below its long-run average of 79.6% (1972–2024). For the second quarter overall, industrial production grew at an annualized rate of 1.1%.
Published on 2025-07-16

US Industrial Production Unexpectedly Falls
Industrial production in the US fell 0.2% in May 2025, missing market expectations of a 0.1% rise and after increasing 0.1% in April. Manufacturing output, which accounts for 78% of total industrial production, ticked up 0.1%, less than forecasts of 0.2%. Meanwhile, mining increased 0.1%, and utilities output decreased 2.9%. Capacity utilization moved down to 77.4 percent, a rate that is 2.2 percentage points below its long-run (1972–2024) average.
Published on 2025-06-17

US Industrial Production Unexpectedly Falls
Industrial production in the US fell 0.2% in May 2025, missing market expectations of a 0.1% rise and after increasing 0.1% in April. Manufacturing output, which accounts for 78% of total industrial production, ticked up 0.1%, less than forecasts of 0.2%. Meanwhile, mining increased 0.1%, and utilities output decreased 2.9%. Capacity utilization moved down to 77.4%, a rate that is 2.2 percentage points below its long-run (1972–2024) average.
Published on 2025-06-17

US Factory Output Stalls, Missing Forecasts
Industrial production in the US was little changed in April 2025, missing market expectations of a 0.2% gain, as declines in manufacturing and mining were offset by a solid gain in utilities output. Manufacturing output fell 0.4%, reversing a 0.4% increase in March, while mining slipped 0.3% after rising 1.1% the previous month. In contrast, utilities output jumped 3.3%, driven by higher demand for both electricity and natural gas. Capacity utilization edged down to 77.7%, remaining 1.9 percentage points below its long-term average (1972–2024), suggesting continued slack in the industrial sector.
Published on 2025-05-15

US Industrial Output Falls More than Expected
Industrial production in the United States fell by 0.3 percent in March 2025, more than market expectations of a 0.2 percent decrease. The index for utilities decreased 5.8 percent as temperatures were warmer than is typical for the month. The output for electric utilities fell 5.1 percent and the output for natural gas utilities plummeted 11.1 percent. On the other hand, manufacturing output rose 0.3 percent and mining output grew 0.6 percent. Capacity utilization stepped down to 77.8 percent, a rate that is 1.8 percentage points below its long-run (1972–2024) average. Considering Q1, industrial production increased at an annual rate of 5.5 percent.
Published on 2025-04-16

US Industrial Output Rises More than Expected
Industrial production in the United States rose by 0.7% in February 2025, the third consecutive month of increases and surpassing market expectations of 0.2%. It follows a downwardly revised 0.3% rise in January and a 1.1% rise in December. Manufacturing output, which accounts for 78% of total industrial production, increased 0.9%, boosted by a jump of 8.5% in the index for motor vehicles and parts. The output of manufacturing excluding motor vehicles and parts increased 0.4%. Also, mining output grew 2.8%, rebounding from a 3.2% fall in January. On the other hand, the index for utilities decreased 2.5%, as the output for electric utilities and for natural gas utilities decreased 1.2% and 11.1%, respectively. Capacity utilization stepped up to 78.2%, a rate that is 1.4 percentage points below its long-run (1972–2024) average.
Published on 2025-03-18

US Industrial Output Rises More than Expected
Industrial production in the United States increased by 0.5% in January 2025, surpassing market expectations of a 0.3% rise following an upwardly revised 1% rise in December. A key driver of this growth was a 0.2 percentage point contribution from the production of aircraft and parts, following the earlier resolution of a work stoppage at a major aircraft manufacturer. Also, output of utilities jumped 7.2 percent as the output for electric and natural gas utilities increased 6.1% and 15.4%, respectively. Manufacturing output, which accounts for 78% of total industrial production, went down by 0.1%, held down by a 5.2 percent decrease in the index for motor vehicles and parts. Meanwhile, mining output fell by 1.2%. Capacity utilization stepped up to 77.8%, a rate that is 1.8 percentage points below its long-run (1972–2024) average.
Published on 2025-02-14