Industrial Production Rose 0.7% in September

Washington, DC, October 16, 2026—Industrial production (IP) increased 0.7% in September after edging up 0.1% in August, according to the Federal Reserve. 

In Q3, IP increased at an annual rate of 2.8%. 

Manufacturing output rose 0.3% in September. The index for mining moved up 0.2%, and the index for utilities increased 3.5%. At 104.0% of its 2017 average, total IP in September was 2.2% above its year-earlier level. Capacity utilization moved up to 76.9% in September, a rate that is 2.5 percentage points below its long-run (1972–2025) average.