AI Data Insight
The US Q3 2026 industrial production MoM growth rate rebounded strongly to 0.7%, not only far exceeding the market expectation of 0.4%, but also shaking off the stagnation of the previous 0.0% reading. Driven by AI and data center expansion, utility power demand surged, which, along with the sustained expansion of advanced tech manufacturing, successfully filled the gap left by production cuts at traditional automakers. Looking ahead, continued attention must be paid to the delayed impact of high interest rates on traditional capital expenditures.