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Line 1 - Industrial Production: Manufacturing (NAICS), Jan 1980=100
Line 1
(a) Industrial Production: Manufacturing (NAICS), Index 2017=100, Seasonally Adjusted (IPMAN)
explanatory notes (https://www.federalreserve.gov/releases/g17/About.htm) issued by the Board of Governors. For recent updates, see the announcements (https://www.federalreserve.gov/feeds/g17.html) issued by the Board of Governors.</p>

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    Line 1 - Industrial Production: Manufacturing (NAICS), Jan&nbsp;1980=100
    Line 2
    (a) Industrial Production: Total Index, Index 2017=100, Seasonally Adjusted (INDPRO)
    explanatory notes (https://www.federalreserve.gov/releases/g17/About.htm) issued by the Board of Governors. For recent updates, see the announcements (https://www.federalreserve.gov/feeds/g17.html) issued by the Board of Governors.</p>

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      Industrial Production: Manufacturing (NAICS), Jan&nbsp;1980=100
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      Line 2
      Industrial Production: Total Index, Jan&nbsp;1980=100
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      Notes

      Industrial Production: Manufacturing (NAICS)  (IPMAN)

      Source: Board of Governors of the Federal Reserve System (US)  

      Release: G.17 Industrial Production and Capacity Utilization  

      Units:  Index 2017=100, Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors.

      Suggested Citation:

      Board of Governors of the Federal Reserve System (US), Industrial Production: Manufacturing (NAICS) [IPMAN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPMAN, April 9, 2025.

      Industrial Production: Total Index  (INDPRO)

      Source: Board of Governors of the Federal Reserve System (US)  

      Release: G.17 Industrial Production and Capacity Utilization  

      Units:  Index 2017=100, Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors.

      Suggested Citation:

      Board of Governors of the Federal Reserve System (US), Industrial Production: Total Index [INDPRO], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/INDPRO, April 9, 2025.

      Release Tables

      G.17 Industrial Production and Capacity Utilization

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      Other Formats

      Industrial Production: Manufacturing (NAICS)

      Annual, Not Seasonally Adjusted Monthly, Not Seasonally Adjusted Quarterly, Not Seasonally Adjusted Quarterly, Seasonally Adjusted

      Industrial Production: Total Index

      Annual, Not Seasonally Adjusted Monthly, Not Seasonally Adjusted Quarterly, Not Seasonally Adjusted Quarterly, Seasonally Adjusted

      Related Categories

      Industrial Production & Capacity Utilization Production & Business Activity

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      Tags

      North American Industry Classification System Headline Figure G.17 Industr. Production & Capacity Utilization Industrial Production Production Manufacturing Board of Governors Industry Indexes Seasonally Adjusted Monthly Nation Public Domain: Citation Requested United States of America

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