Industrial Production: Manufacturing Excluding Hi-Tech and Motor Vehicles & Parts (IPX4HTMVN)

Mar 2026: 95.3385
Updated: Apr 16, 2026 8:20 AM CDT
Mar 2026:  95.3385  
Feb 2026:  94.5047  
Jan 2026:  93.1814  
Dec 2025:  93.3407  
Nov 2025:  94.2716  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

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

Release: G.17 Industrial Production and Capacity Utilization  

Units:  Index 2017=100, Not 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 Excluding Hi-Tech and Motor Vehicles & Parts [IPX4HTMVN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPX4HTMVN, .

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