FX.co ★ U.S. Industrial Production Nearly Stalls in May, Slipping Sharply from April’s Pace

U.S. industrial production growth slowed sharply in May 2026, with output edging up just 0.1% month-over-month, down from a 0.7% gain in April 2026. The latest data, updated on 15 June 2026, indicate that the strong momentum seen in April has largely faded as factories and industrial facilities posted only marginal increases in activity.

On a month-over-month basis, the May figure reflects a significant cooling compared with the prior period, when April’s 0.7% rise represented a much more robust expansion versus March. The industrial production measure compares each month’s output change to the previous month, highlighting how quickly conditions have shifted in the sector heading into the middle of 2026.