On September 16, 2025, the Federal Reserve released the month-on-month manufacturing output data for the United States for September. The reported figure was 0.2%. No consensus forecast was provided; the previous reading was also 0.2%.Definition: The Industrial Production Index measures the real output of manufacturing, mining, and utilities, serving as a key indicator of economic activity and business cycle fluctuations in the United States.Market Impact: A result higher than expected is considered bullish for the US dollar.This data carries a moderate importance rating of 2. The index is calculated based on inflation-adjusted changes in total output value from manufacturers, miners, and utilities. The data is published monthly; the next release is scheduled for November 18, 2025.
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