Updated: 16-Sep-25 09:44 ET
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Updated: 16-Sep-25 09:44 ET |
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Highlights
- Industrial production increased 0.1% month-over-month in August (Briefing.com consensus 0.0%) following a downwardly revised 0.4% decline (from -0.1%) in July.
- The capacity utilization rate was 77.4% (Briefing.com consensus 77.4%), following a downwardly revised 77.4% (from 77.5%) in July.
- Total industrial production increased 0.9% yr/yr, while the capacity utilization rate was 2.2 percentage points below its long-run average.
Key Factors
- Manufacturing output was up 0.2% following a downwardly revised 0.1% decline (from 0.0%) in July, with the production of motor vehicles and parts up 2.6%. Manufacturing capacity utilization rose to 76.8% from a downwardly revised 76.7% (from 76.8%).
- Mining output increased 0.9% following a 1.5% decrease in July. Mining capacity utilization jumped to 90.6% from 89.9% in July.
- The output of utilities fell 2.0% following a 0.7% decline in July. Utilities capacity utilization dropped to 68.6% from 70.2% in July.
Big Picture
- The key takeaway from the report is that industrial production activity was driven in August by the production of motor vehicles and parts.
Category |
AUG |
JUL |
JUN |
MAY |
APR |
Industrial Production |
|
|
|
|
|
Total Index |
0.1% |
-0.4% |
0.5% |
0.1% |
0.0% |
Manufacturing |
0.2% |
-0.1% |
0.3% |
0.1% |
-0.4% |
Utilities |
-2.0% |
-0.7% |
2.6% |
-1.1% |
4.1% |
Mining |
0.9% |
-1.5% |
0.4% |
0.3% |
-0.2% |
Capacity Utilization |
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|
|
|
|
Total Industry |
77.4% |
77.4% |
77.8% |
77.5% |
77.5% |
Manufacturing |
76.8% |
76.7% |
76.8% |
76.7% |
76.6% |