USA: Capacity Utilization Edges Up.

US capacity utilization rose to 76.2% in May 2026, up from 76.1% in February and in line with market expectations. Manufacturing utilization remained largely unchanged at 75.7%, remaining below its long-run averge of 78.2%. Mining utilization rose to 86.5%, 1.3 percentage points above its long-run average, while the rate for utilities fell to 70.6%, remained substantially below its long-run average, at 13.4 percentage points lower. Meanwhile, the operating rate for mining increased by 1.2 percentage points to 86.5%, while the utilities operating rate declined to 70.6%.