美联储最新数据显示，经季节性调整后，美国3月工业产出环比下滑0.5%，与市场预期的增长0.1%形成鲜明反差。这一降幅较2月0.7%的增幅明显恶化，而1月数据维持不变。
在产能利用率方面，3月读数降至75.7%，较2月的76.1%有所回落，同样低于经济学家预估的76.3%。细分领域呈现分化态势：最终产品产出骤降0.7%，消费品产出下滑1.0%，商业设备产出微降0.3%。值得注意的是，汽车及零部件产出大幅下挫3.7%，成为拖累整体数据的主要因素。
制造业活动整体走弱，环比下降0.1%。耐用品产出下降0.2%，非耐用品产出亦下滑0.1%。采矿业产出显著收缩1.2%，公用事业产出更是锐减2.3%。
高技术产业成为罕见亮点，3月产出逆势增长0.7%。若剔除高技术产业，工业产出降幅将扩大至0.6%。排除汽车及零部件后，工业产出下降幅度收窄至0.3%。
在产能利用方面，制造业利用率降至75.3%，其中汽车及零部件领域利用率仅64.9%。采矿业利用率维持在84.5%，公用事业利用率则下滑至70.3%。
3月汽车组装量折年率为998万辆，较2月的1040万辆明显放缓。当前数据表明，在利率持续高企的背景下，美国工业活动正显现疲软迹象。
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