{"id":430565,"date":"2026-05-15T20:40:21","date_gmt":"2026-05-15T13:40:21","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-industrial-production-for-april-0-7-versus-0-3-estimate\/"},"modified":"2026-05-15T20:40:21","modified_gmt":"2026-05-15T13:40:21","slug":"us-industrial-production-for-april-0-7-versus-0-3-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-industrial-production-for-april-0-7-versus-0-3-estimate\/","title":{"rendered":"US industrial production for April 0.7% versus 0.3% estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Industrial production prior month -0.5% revised to -0.3% <\/li>\n<li>Capacity utilization prior month 75.7 <\/li>\n<li>Manufacturing production last month -0.1% revised to +0.1%<\/li>\n<\/ul>\n<p>For April:<\/p>\n<ul>\n<li>Industrial production 0.7% versus 0.3% expected. Year on Year industrial production is up 1.4%<\/li>\n<li>Capacity utilization 76.1% versus 75.8% estimate. The index a year ago was at 76.1% as well.<\/li>\n<li>Manufacturing output 0.6% versus 0.2% estimate. Year on Year the manufacturing output is up 1.3%, led by utilities which are up 2.7% <\/li>\n<\/ul>\n<p>Not surprising, utilities are helping with demand for AI increasing.<\/p>\n<p>The major market groups for industrial production:<\/p>\n<ul>\n<li data-section-id=\"lbvwt5\" data-start=\"0\" data-end=\"58\">Final Products\n<ul data-start=\"23\" data-end=\"58\">\n<li data-section-id=\"7vz0n1\" data-start=\"23\" data-end=\"39\">MoM: +1.1% vs -0.6% last month. Higher<\/li>\n<li data-section-id=\"iaccpk\" data-start=\"42\" data-end=\"58\">YoY: +1.4%\n<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"1y4xox7\" data-start=\"60\" data-end=\"118\">Consumer Goods\n<ul data-start=\"83\" data-end=\"118\">\n<li data-section-id=\"7vzqhg\" data-start=\"83\" data-end=\"99\">MoM: +0.9% versus -0.8% last month. Higher<\/li>\n<li data-section-id=\"i64ud5\" data-start=\"102\" data-end=\"118\">YoY: -0.2%\n<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"1t76a6e\" data-start=\"120\" data-end=\"182\">Business Equipment\n<ul data-start=\"147\" data-end=\"182\">\n<li data-section-id=\"7vz0qh\" data-start=\"147\" data-end=\"163\">MoM: +1.5% versus -0.1% last month. Higher<\/li>\n<li data-section-id=\"ia8qez\" data-start=\"166\" data-end=\"182\">YoY: +6.0%\n<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"slyc1f\" data-start=\"184\" data-end=\"250\">Nonindustrial Supplies\n<ul data-start=\"215\" data-end=\"250\">\n<li data-section-id=\"7vzqrj\" data-start=\"215\" data-end=\"231\">MoM: +0.2% versus +0.5% last month. Lower\n<\/li>\n<li data-section-id=\"iaccqh\" data-start=\"234\" data-end=\"250\">YoY: +1.5%\n<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"1jqz1dp\" data-start=\"252\" data-end=\"307\">Construction\n<ul data-start=\"273\" data-end=\"307\">\n<li data-section-id=\"d5dzjq\" data-start=\"273\" data-end=\"288\">MoM: 0.0% versus +0.9% last month. Lower\n<\/li>\n<li data-section-id=\"iaccny\" data-start=\"291\" data-end=\"307\">YoY: +1.2%\n<\/li>\n<\/ul>\n<\/li>\n<li data-section-id=\"brp2d2\" data-start=\"309\" data-end=\"362\" data-is-last-node=\"\">Materials\n<ul data-start=\"327\" data-end=\"362\" data-is-last-node=\"\">\n<li data-section-id=\"7vzqs8\" data-start=\"327\" data-end=\"343\">MoM: +0.5% versus -0.4% last month. Higher<\/li>\n<li data-section-id=\"iaccny\" data-start=\"346\" data-end=\"362\" data-is-last-node=\"\">YoY: +1.2%<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Capacity utilization for manufacturing<\/p>\n<p>Capacity utilization for manufacturing  moved up 0.4 percentage point to 75.8 percent in April and is now<br \/>\n2.4 percentage points below its long-run (1972\u20132025) average. <\/p>\n<p>The operating rate for mining edged down<br \/>\n0.1 percentage point to 84.6 percent, and the operating rate for utilities increased 1.1 percentage points to<br \/>\n71.1 percent. <\/p>\n<p>The utilization rates for mining and for utilities were 0.6 percentage point and 12.9 percentage<br \/>\npoints below their long-run averages, respectively.\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Industrial production prior month -0.5% revised to -0.3% Capacity utilization prior month 75.7 Manufacturing production last month -0.1% revised to +0.1% For April: Industrial production 0.7% versus 0.3% expected. Year on Year industrial production is up 1.4% Capacity utilization 76.1% versus 75.8% estimate. The index a year ago was at 76.1% as well. Manufacturing output [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430565","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430565"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}