Updated: 15-Aug-25 09:34 ET
| July Industrial Production |
 |
|
| Updated: 15-Aug-25 09:34 ET |
Highlights
- Industrial production decreased 0.1% month-over-month in July (Briefing.com consensus -0.1%) following an upwardly revised 0.4% increase (from 0.3%) in June.
- The capacity utilization rate was 77.5% (Briefing.com consensus 77.5%), versus an upwardly revised 77.7% (from 77.6%) in June.
- Total industrial production increased 1.4% yr/yr, while the capacity utilization rate was 2.1 percentage points below its long-run average.
Key Factors
- Manufacturing output was unchanged following an upwardly revised 0.3% increase (from 0.1%) in June, with the durable manufacturing index increasing 0.3% and the nondurable manufacturing index decreasing 0.4%. Manufacturing capacity utilization dipped to 76.8% from 76.9%.
- Mining output decreased 0.4% following a 0.3% decrease in June. Mining capacity utilization fell to 90.3% from 90.8% in June.
- The output of utilities dipped 0.2% following a 1.8% increase in June. Utilities capacity utilization dropped to 70.0% from 70.4% in June.
Big Picture
- The key takeaway from the report is that industrial production activity was muted in July, with manufacturing output stalling due to output declining in all nondurable categories.
| Category | JUL | JUN | MAY | APR | MAR |
| Industrial Production | |||||
| Total Index | -0.1% | 0.4% | 0.1% | 0.0% | -0.2% |
| Manufacturing | 0.0% | 0.3% | 0.2% | -0.5% | 0.6% |
| Utilities | -0.2% | 1.8% | -1.1% | 4.1% | -8.2% |
| Mining | -0.4% | -0.3% | 0.4% | -0.3% | 1.7% |
| Capacity Utilization | |||||
| Total Industry | 77.5% | 77.7% | 77.5% | 77.6% | 77.7% |
| Manufacturing | 76.8% | 76.9% | 76.7% | 76.7% | 77.1% |
|
|