Industrial production in the United States increased 0.7% in April 2026, the most in 14 months and more than market expectations for a 0.3% gain, after decreasing 0.3% in March. Manufacturing output, which accounts for about 78% of total industrial production, rose 0.6%, beating forecasts of 0.2%. Manufacturing output, excluding motor vehicles and parts, increased by 0.3%. At the same time, utilities output increased 1.9%, with gains in both electric and natural gas utilities. On the other hand, mining output edged down 0.1%. Capacity utilization moved up to 76.1%, a rate that is 3.3 percentage points below its long-run (1972–2025) average.