US industrial production rose 0.7 percent in September after edging up 0.1 percent in August, the Federal Reserve reported on October 16, with capacity utilization rising to 76.9 percent.
US industrial production increased 0.7 percent in September, the Federal Reserve Board said in its G.17 statistical release on October 16, 2026.
The Key Figures
| September 2026 | Figure |
|---|---|
| Industrial production, month on month | +0.7% (August: +0.1%) |
| Manufacturing output | +0.3% |
| Mining | +0.2% |
| Utilities | +3.5% |
| Total index (2017 = 100) | 104.0 |
| Change from a year earlier | +2.2% |
| Capacity utilization | 76.9% |
The Quarter
In the third quarter as a whole, industrial production increased at an annual rate of 2.8 percent, the Fed said. Capacity utilization of 76.9 percent is 2.5 percentage points below its long-run average for 1972 to 2025.
By Market Group
The Fed’s table shows consumer goods output up 0.7 percent in September, construction supplies up 1.0 percent, and materials up 0.7 percent. Business equipment output was unchanged in the month but 6.7 percent higher than a year earlier.
Why It Matters
Output is above its year-earlier level and utilization is rising, but it remains below the long-run average. The 0.7 percent gain was helped by a 3.5 percent rise in utilities output, while manufacturing rose by a smaller 0.3 percent.
