The stronger output signals economic resilience, potentially reinforcing the Federal Reserve's cautious stance on inflation. Mining also contributed to the overall increase with a 0.2% gain, while manufacturing production recovered from a 0.3% contraction seen in the previous month.
Tuesday, October 20, 2026
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US Industrial Production Jumps 0.7% and Beats September Estimate
US Markets4 days ago
Manufacturing’s 0.3% gain and a 3.5% spike in utilities drove a wider expansion in American industrial activity last month. Total industrial production grew 0.7% month-over-month, surpassing the 0.4% consensus and recovering from a flat reading of 0.0% in August. Capacity utilization reached 76.9%, which exceeded the 76.5% estimate, while industrial output excluding automobiles rose 0.9%.
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