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Release · 2026-09-18 to 2026-09-18

Industrial production was unchanged in August after a 0.2 percent July rise

The Federal Reserve Board's G.17 release, published at 9:15 a.m. ET September 18, said industrial production was unchanged in August after increasing 0.2 percent in July. Manufacturing output decreased 0.3 percent. Mining ticked up 0.1 percent and utilities increased 1.8 percent. At 103.1 percent of its 2017 average, total IP in August was 1.4 percent above its year-earlier level. Capacity utilization was unchanged at 76.3 percent, 3.1 percentage points below its long-run (1972–2025) average. The total index for July was unrevised at 103.0. June's monthly change was revised to 0.2 percent from 0.3 percent.

Industrial production, monthly change
0% 2026-08 · prior 0.2% (2026-07)
Industrial production index
103.1 2026-08 · prior 103.0 (2026-07)
Industrial production, year-over-year change
1.4% 2026-08
Manufacturing production, monthly change
-0.3% 2026-08 · prior 0.2% (2026-07)
Manufacturing production index
98.2 2026-08 · prior 98.4 (2026-07)
Mining production, monthly change
0.1% 2026-08 · prior 0.1% (2026-07)
Utilities production, monthly change
1.8% 2026-08 · prior 0.5% (2026-07)
Capacity utilization, total industry
76.3% 2026-08 · prior 76.3% (2026-07)
Industrial production, monthly percent changepercent-0.5%-0.25%0%0.25%0.5%0.75%1%MarAprMayJunJulAugTotal IPManufacturingFederal Reserve Board G.17, March–August 2026
Industrial production, monthly percent change. Federal Reserve Board G.17, March–August 2026. Share card.

Source: Industrial Production and Capacity Utilization - G.17, August 2026 — Board of Governors of the Federal Reserve System.

all 8 figures found at the source
  • found Industrial production, monthly change = 0% — at Board of Governors of the Federal Reserve System
  • found Industrial production index = 103.1 — at Board of Governors of the Federal Reserve System
  • found Industrial production, year-over-year change = 1.4% — at Board of Governors of the Federal Reserve System
  • found Manufacturing production, monthly change = -0.3% — at Board of Governors of the Federal Reserve System
  • found Manufacturing production index = 98.2 — at Board of Governors of the Federal Reserve System
  • found Mining production, monthly change = 0.1% — at Board of Governors of the Federal Reserve System
  • found Utilities production, monthly change = 1.8% — at Board of Governors of the Federal Reserve System
  • found Capacity utilization, total industry = 76.3% — at Board of Governors of the Federal Reserve System

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 18, 2026.

This page is one print. The daily brief for September 18, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.