Financial News: U.S. Industrial Production Unexpectedly Flat In April

U.S. Industrial Production Unexpectedly Flat In April

05/15/2025 - 11:30:00 (RTTNews)

(RTTNews) - With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April.

The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.

While utilities output surged by 3.3 percent in April after plunging by 6.2 percent in March, manufacturing and mining output fell by 0.4 percent and 0.3 percent, respectively.

"[The] outlook for industrial production and the manufacturing sector has become less negative, at least temporarily, since the partial rollback of the tariffs on China," said Nancy Vanden Houten, Lead U.S. Economist at Oxford Economics.

She added, "However, the effective tariff rate is still relatively high, and we expect that and uncertainty about the future path of tariffs to weigh on industrial activity."

The Fed also said capacity utilization in the industrial sector edged down to 77.7 in April from 77.8 percent in March. Economists had expected capacity utilization to remain unchanged.

Capacity utilization in the mining and manufacturing sectors dipped to 90.2 percent and 76.8 percent, respectively, while capacity utilization in the utilities sector rose to 71.3 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Korea Industrial Output Sinks 2.9% In May (29 min(s), 28 sec(s) ago)
(RTTNews) - Industrial production in South Korea was down a seasonally adjusted 2.9 percent on mon ...Full Story»

Japan Industrial Output Data Due On Monday (01 hr(s), 37 min(s), 28 sec(s) ago)
(RTTNews) - Japan will on Monday release preliminary May numbers for industrial production, highli ...Full Story»

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (09 hr(s), 36 min(s), 28 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (10 hr(s), 0 min(s),28 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (10 hr(s), 04 min(s), 28 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (10 hr(s), 23 min(s), 28 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (10 hr(s), 56 min(s), 28 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»

Eurozone Economic Sentiment Falls Unexpectedly (11 hr(s), 06 min(s), 28 sec(s) ago)
(RTTNews) - Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced ...Full Story»