16 July 2025, 18:07 USA: Industrial Output Rises More than Expected.
Industrial production in the United States rose by 0.3% in June, exceeding market expectations of a 0.1% gain, after being flat in both April and May. Manufacturing output, which makes up about 78% of total industrial production, edged up 0.1%, slightly ahead of forecasts for no change. Utilities output saw a strong rebound, increasing 2.8% as a 3.5% rise in electricity generation offset a 2.6% drop in natural gas output. Meanwhile, the mining sector contracted by 0.3%. Capacity utilization climbed to 77.6%, still 2 percentage points below its long-run average of 79.6% (1972–2024). For the second quarter overall, industrial production grew at an annualized rate of 1.1%.
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