MCLEAN, Virginia, July 17, 2026 — U.S. industrial production was flat in June 2026 compared to May 2026, but 1.1% above June 2025, according to the latest report from the Board of Governors of the Federal Reserve System. Capacity utilization dipped slightly to a level 3.3 percentage points below the long-run average.
“The latest measures highlight a healthy industrial sector that will continue to require investments in manufacturing technology to meet growing demands from the aerospace industry, defense production and automotive manufacturers,” said Christopher Chidzik, principal economist of AMT – The Association For Manufacturing Technology. “Elevated investments in manufacturing technology from firms that manufacture industrial machinery are a sign that additional capacity is about to enter the industrial economy, and increased output from manufacturers could follow if demand remains resilient and staffing issues can be overcome.”
