Industrial Production Rose 0.1% in May

Washington, DC, June 15, 2026—Industrial production (IP) edged up 0.1% in May after rising 0.9% in April, according to the Federal Reserve. 

Manufacturing output was unchanged in May after increasing 0.7% in April. In May, the index for mining rose 1.3%, and the index for utilities decreased 0.4%. At 102.6% of its 2017 average, total IP in May was 1.7% above its year-earlier level. Capacity utilization edged up to 76.2%, a rate that is 3.2 percentage points below its long-run (1972–2025) average.