Federal Reserve Economic Data

Industrial Production: Business Supplies Excluding Energy, Motor Vehicles & Parts, and Selected High-Tech Industries (IPX5421TSQ)

Q4 2025: 88.3409
Updated: Jan 16, 2026 8:20 AM CST
Q4 2025:  88.3409  
Q3 2025:  88.6203  
Q2 2025:  89.0040  
Q1 2025:  89.7193  
Q4 2024:  89.1929  
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Units:

Index 2017=100,
Seasonally Adjusted

Frequency:

Quarterly

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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, Seasonally Adjusted

Frequency:  Quarterly

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: Business Supplies Excluding Energy, Motor Vehicles & Parts, and Selected High-Tech Industries [IPX5421TSQ], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPX5421TSQ, .

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