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U.S. Industrial Production Surges 0.7%, Exceeds Expectations

3/18/2025

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Story summary
  • U.S. industrial production increased by 0.7% in February, surpassing the 0.2% forecast.
  • Manufacturing output rose 0.9%, fueled by an 8.5% jump in motor vehicles and parts.
  • Mining output expanded by 2.8%, while utilities experienced a decline of 2.5%.
  • Capacity utilization stood at 78.2%, below the long-term average.
  • Year-over-year production was up by 1.4%.
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