FX.co ★ U.S. Industrial Production Growth Eases Slightly in July, Still Holds Above 1% Year-on-Year

U.S. industrial production growth moderated marginally in July 2026, with the year-on-year indicator edging down to 1.10% from 1.14% in June 2026. The data, updated on 18 August 2026, show that output in the industrial sector continues to expand on an annual basis, albeit at a slightly slower pace.

Both the current and previous readings compare each month’s performance with the same period a year earlier. While the July figure signals a modest loss of momentum compared with June, the fact that industrial production has remained above the 1% mark suggests ongoing, if moderate, resilience in U.S. manufacturing and broader industrial activity on a yearly basis.