Industrial Production, Manufacturing Output Increase in April

Production was up both over March’s level and year-over-year.

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The nation’s industrial production rose in April after declining the previous month, according to the latest monthly production and capacity report from the Federal Reserve.

The Fed’s industrial production index came in at 102.5, up 0.7% over March’s level and 1.4% year-over-year.

Within that index, manufacturing output was up 0.6% compared to March and 1.3% over April of 2025. Among other industry segments, mining was down slightly, while utilities were up 1.9%.

Capacity utilization came in at 76.1% last month, which was up 0.4 percentage points over March but remained below the Fed’s long-term capacity average.

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