Updated: 18-Aug-26 09:33 ET
| July Industrial Production |
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| Updated: 18-Aug-26 09:33 ET |
Highlights
- Industrial production increased 0.2% month-over-month in July (Briefing.com consensus: 0.3%) following an upwardly revised 0.3% increase (from 0.1%) in June.
- The capacity utilization rate was 76.3% (Briefing.com consensus: 76.3%) versus an upwardly revised 76.2% (from 76.1%) in June.
- Total industrial production was up 1.1% year-over-year. The capacity utilization rate was 3.1 percentage points below its long-run average.
Key Factors
- Manufacturing output increased 0.2% in July following a 0.3% increase in June. Production of durable goods rose 0.7%, while production of nondurable goods declined 0.4%. Manufacturing capacity utilization edged up to 76.0% from 75.9% in June.
- Mining output rose 0.2% month-over-month following a 0.3% increase in June. Mining capacity utilization increased to 86.1% from 86.0%.
- Utilities output jumped 0.5% month-over-month after increasing 0.1% in June. Utilities capacity utilization was 70.0% versus 69.8% in June.
Big Picture
- The key takeaway from the report is that gains were registered by all three major industry groups, led by a 0.5% increase in utilities that stemmed from hot weather increasing air-conditioning use.
| Category | JUL | JUN | MAY | APR | MAR |
| Industrial Production | |||||
| Total Index | 0.2% | 0.3% | 0.0% | 0.8% | -0.1% |
| Manufacturing | 0.2% | 0.3% | 0.0% | 0.7% | 0.4% |
| Utilities | 0.5% | 0.1% | 0.1% | 0.8% | -1.9% |
| Mining | 0.2% | 0.3% | -0.1% | 1.2% | -2.0% |
| Capacity Utilization | |||||
| Total Industry | 76.3% | 76.2% | 76.1% | 76.1% | 75.6% |
| Manufacturing | 76.0% | 76.0% | 75.8% | 75.8% | 75.4% |
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