Summary of US Industrial Production Report - February 2026
Key Highlights
- US Industrial Production MoM: Increased by 0.7%, surpassing the forecast of 0.4% and the previous month's figure of 0.4%.
- US Manufacturing Output MoM: Rose by 0.6%, exceeding the forecast of 0.4% and the previous month's increase of 0.2%.
- US Capacity Utilization: Recorded at 76.2%, slightly below the forecast of 76.5% but up from the previous month's 76.3%.
Market Reactions
The positive industrial production data has led to a slight increase in the USDIDX, which is currently at 97.841, reflecting a gain of 0.22%. This uptick indicates a favorable market sentiment towards the US economy amidst ongoing geopolitical tensions.
Geopolitical Context
As of February 19, 2026, the market is experiencing fluctuations due to heightened geopolitical risks, particularly concerning US-Iran relations. This has led to a retreat in European markets and the EUR/USD currency pair, as investors remain cautious.
Additionally, crude oil prices have seen gains amid these escalating tensions, further impacting market dynamics.
Upcoming Economic Indicators
Investors are advised to keep an eye on the upcoming US trade balance and jobless claims reports, which are expected to provide further insights into the economic landscape.