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US capacity utilization edged up to 76.2% in May 2026 from 76.1% in February, matching market expectations. Manufacturing utilization was little changed at 75.7%, remaining below its long‑run average of 78.2%. Mining utilization increased to 86.5%, standing 1.3 percentage points above its long‑run average, while the rate for utilities fell to 70.6%, a level 13.4 percentage points below its long‑run norm. Meanwhile, the operating rate for mining rose by 1.2 percentage points to 86.5%, and the operating rate for utilities declined to 70.6%.
