Industrial production was unchanged in August after a 0.2% gain in July
The Federal Reserve Board said factory, mine and utility output showed no change in August, following a 0.2% rise in July. In August 2025, output had fallen 0.3%.
Macro Bullseye · · Updated
US industrial production was unchanged in August at 0.0%, the Federal Reserve Board reported. That followed a 0.2% increase in July.
The numbers
Aug 2026 data · released Fri, Sep 18
- Industrial production, change from the prior month
- 0.0%Jul 2026: +0.2%
View the data as a table
| Period | Value |
|---|---|
| Aug 2026 | 0.0% |
| Jul 2026 | +0.2% |
| Jun 2026 | +0.2% |
| May 2026 | +0.1% |
| Apr 2026 | +0.8% |
| Mar 2026 | −0.2% |
| Feb 2026 | +0.9% |
| Jan 2026 | −0.4% |
| Dec 2025 | +0.5% |
| Nov 2025 | −0.2% |
| Oct 2025 | −0.4% |
| Sep 2025 | 0.0% |
| Aug 2025 | −0.3% |
| Jul 2025 | +0.4% |
| Jun 2025 | +0.5% |
| May 2025 | −0.2% |
| Apr 2025 | +0.1% |
| Mar 2025 | −0.1% |
| Feb 2025 | +1.0% |
| Jan 2025 | −0.3% |
| Dec 2024 | +1.0% |
| Nov 2024 | −0.2% |
| Oct 2024 | −0.3% |
| Sep 2024 | −0.6% |
Source: Federal Reserve Board, via FRED (Federal Reserve Bank of St. Louis). Revised figures replace earlier ones.Full release
The measure tracks output at US factories, mines and utilities, along with how much of their capacity is in use. A year earlier, in August 2025, output had fallen 0.3%.
Monthly changes have swung widely over the past year. Output rose 0.5% in December, fell 0.4% in January and rose 0.9% in February. It fell 0.2% in March and rose 0.8% in April.
Output then rose 0.1% in May and 0.2% in both June and July before the flat August reading. The next report, covering September, is due Friday, October 16, at 9:15 AM ET.
What it means for your money
- Flat output suggests the goods side of the economy did not grow in August. Steady production can mean little pressure on the prices of manufactured goods.
- High capacity use can be an early sign of price pressure, and faster price growth tends to keep interest rates higher. That affects what borrowers pay on loans and what savers earn.
- One month of data says little on its own. Output has risen and fallen from month to month over the past year, so the broader pattern matters more than any single reading.
Drafted by AI (Claude) from the official data and published only after an automatic check that every number in the text matches the figures above. Not investment advice. How we write these