11 indicators
U.S. industrial production, factory orders, inventories
Industrial production and capacity use from the Federal Reserve Board, and factory orders, durable goods orders and business inventories from the Census Bureau, track the goods-producing side of the economy.
Latest: as of Sep 2026, industrial production had risen 2.2% from a year earlier.
Data retrieved from FRED®, Federal Reserve Bank of St. Louis. Snapshot taken Oct 27, 2026, 6:41 PM EDT.
Industrial production
2.2%
12-month change
103.95 Sep 2026 · was 1.6% in Aug 2026
Industrial production measures the real output of U.S. factories, mines and electric and gas utilities. It is released monthly by the Federal Reserve Board.
View chart →Capacity utilization
76.9%
Percent of capacity
+0.4 pt Sep 2026 vs. Aug 2026
Capacity utilization is the share of the country's factory, mining and utility capacity that is actually in use. High readings can mean production is straining against limits.
View chart →Manufacturing output
1.4%
12-month change
99.436 Sep 2026 · was 1.1% in Aug 2026
This is the manufacturing part of the Fed's industrial production index. Manufacturing makes up about three-quarters of industrial output.
View chart →Mining output
2.8%
12-month change
124.524 Sep 2026 · was 1.6% in Aug 2026
This index measures output of mines and oil and gas wells, including drilling. It follows energy prices and drilling activity.
View chart →Consumer goods output
-0.1%
12-month change
98.116 Sep 2026 · was -0.9% in Aug 2026
This index measures production of goods sold to consumers, such as cars, appliances, food, clothing and fuel.
View chart →Business equipment output
6.7%
12-month change
101.024 Sep 2026 · was 7.6% in Aug 2026
This index measures production of equipment businesses use, such as machinery, computers, trucks and aircraft.
View chart →Advertisement
Manufacturing capacity utilization
75.9%
Percent
+0.1 pt Sep 2026 vs. Aug 2026
This is the share of factory capacity in use. Low readings point to slack, while high readings can signal production bottlenecks.
View chart →Durable goods orders
8.4%
12-month change
$338.5B Aug 2026 · was 11.8% in Jul 2026
Durable goods orders are new orders for long-lasting products such as aircraft, vehicles, machinery and electronics. Aircraft orders make this series jumpy from month to month.
View chart →Core capital goods orders
14.1%
12-month change
$87.6B Aug 2026 · was 13.3% in Jul 2026
This is new orders for nondefense capital goods excluding aircraft. It leaves out volatile aircraft and military orders and is watched as a guide to business investment.
View chart →Business inventories
4.6%
12-month change
$2.82T Aug 2026 · was 4.0% in Jul 2026
Total business inventories are the value of goods held by manufacturers, wholesalers and retailers at the end of the month.
View chart →Inventories-to-sales ratio
1.33
Ratio
-0.01 Aug 2026 vs. Jul 2026
This ratio compares business inventories with monthly sales. A value of 1.4 means businesses hold about 1.4 months of sales in stock.
View chart →Not financial advice. Values are as published by each agency and may be revised.
On Amazon
Popular tools for money nerds
As an Amazon Associate I earn from qualifying purchases.
Other topics
Advertisement