Industrial Production Rose 0.2% in July

Washington, DC, August 18, 2026—Industrial production (IP) and manufacturing production each grew 0.2% in July after growing 0.3% in June, according to the Federal Reserve. 

In July, the indexes for mining and for utilities increased 0.2% and 0.5%, respectively. Manufacturing output excluding motor vehicles and parts increased 0.4%. 

At 103.0% of its 2017 average, total IP in July was 1.1% above its year-earlier level. Capacity utilization edged up to 76.3%, a rate that is 3.1 percentage points below its long-run (1972–2025) average.