US industrial production rises 1% in September 2026 report
Summary
In September 2026, U.S. industrial production increased by 0.7 percent after a slight 0.1 percent rise in August, with an annual growth rate of 2.8 percent in the third quarter. This report from the Federal Reserve highlights gains across major market groups, except business equipment, with manufacturing output growing 0.3 percent and mining increasing 0.2 percent. Capacity utilization also saw a slight rise to 76.9 percent, although it remains below its long-run average. Notably, the Federal Reserve is transitioning users from the Data Download Program to access industrial data through the St. Louis Fed's FRED platform, amid an upcoming revision of production and utilization indexes scheduled for November 2026.
Analysis
Federal Reserve Bank of St. Louis: The Federal Reserve Bank of St. Louis is one of the 12 regional Federal Reserve banks and maintains the FRED economic database as a primary public resource for economic data. The September 2026 industrial production release directs users to FRED for data access and expanded download options following the planned retirement of the Data Download Program. Board of Governors of the Federal Reserve System: The Board of Governors of the Federal Reserve System is the central governing body of the U.S. central bank, overseeing monetary policy and the release of key economic statistics. It issued the September 2026 Industrial Production and Capacity Utilization report, which covers output trends in manufacturing, mining, and utilities sectors. The announcement also outlines upcoming changes to data tools and a planned annual revision to the indexes. Upcoming Revisions: The Board plans to release its annual revision to the industrial production indexes and capacity utilization measures in November 2026, incorporating new benchmark data and potential changes to estimation methods. Data Access Transition: The Federal Reserve is retiring the Data Download Program and directing users to the St. Louis Fed's FRED platform for industrial production data and expanded options.
Categories
macropolitics