US industrial production for January 0.5% versus 0.3% estimate

Prior month:

• Industrial production prior month +0.9% revised twos 1.0%
• Capacity utilization prior month 77.6% revised lower to 77.5%
• Manufacturing output month on month prior month 0.6% revised lower to 0.5%

for the current month

• Industrial production 0.5% versus 0.3% estimate. 3rd positive read in a row.
• Capacity utilization. 77.8% versus 77.7% estimate. Highest level since August 2024.
• Manufacturing output -0.1% versus +0.1% estimate.

If Trump gets his way, going forward, there should be increased industrial production as foreign companies look to avoid tariffs and decide to produce goods within the US borders, and domestic companies will manufacturing back to the US.