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Economic Activitymonthly

Industrial Production

Industrial production index, measures factory, mining, and utility output.

The Industrial Production is currently 102.55, last updated .

102.55
1W +0.15%1M +0.15%3M +0.15%
Updated 11m ago
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Economic activity indicators reveal whether the economy is expanding or contracting in real time. ISM PMI readings above 50 signal expansion, while GDP growth tells the definitive story each quarter. Leading indicators like the Conference Board LEI can flag downturns months in advance, giving traders a head start on positioning.

Updated just now

AI Analysis

Apr 15, 2026

10Y TIPS real yield 1.92% (+5bp 1M, rate of change: SLOWLY RISING). 5Y TIPS 1.31% (+7.4% 1M). Pipeline signals point to STABLE inflation, not acceleration or deceleration in core measures: PPI 3M +1.0% → CPI 3M +1.1% → PCE 3M +0.4%.

Recent Data

DateValueChange
Feb 1, 2026102.55+0.15%
Jan 1, 2026102.4+0.71%
Dec 1, 2025101.68+0.31%
Nov 1, 2025101.36+0.15%
Oct 1, 2025101.21-0.45%
Sep 1, 2025101.67+0.04%
Aug 1, 2025101.62-0.26%
Jul 1, 2025101.89+0.41%
Jun 1, 2025101.48+0.51%
May 1, 2025100.97—

Related in Economic Activity

Nominal GDP
US gross domestic product in current dollars.
Real GDP
Inflation-adjusted GDP, the definitive measure of economic output.
Capacity Utilization
Industrial capacity utilization rate, high readings signal inflationary bottlenecks.
Retail Sales (ex Food Svc)
Advance retail sales excluding food services, consumer spending momentum.

Explore Further

Forecast 2026
Industrial Production Outlook
Scenario-weighted forecast using regime implied approach.
Comparison
Industrial Production vs Capacity Utilization
Industrial production measures the volume of factory output while capacity utilization shows what percentage of total ca...
Comparison
Industrial Production vs S&P 500
Industrial production captures real manufacturing and mining output. When SPY outperforms indpro substantially, equity m...
Comparison
Commercial & Industrial Loans vs Industrial Production
C&I loans finance business capex and working capital. Rising loans with rising production signals healthy business expan...
Comparison
Durable Goods Orders vs Industrial Production
Orders lead production by 1-3 months. When durable orders rise while IP stays flat, production is about to accelerate to...
Comparison
Inventory-to-Sales Ratio vs Industrial Production
Rising I/S alongside rising IP means production is outrunning demand, a classic pre-recession pattern. Falling I/S with ...
Scenario
What Happens When the Gold-Silver Ratio Exceeds 90?
Gold-silver ratio above 90 signals industrial or financial stress. What happens when gold dramatically outpaces silver, ...
Scenario
What Happens When Industrial Production Declines?
What happens when industrial production declines for multiple months? Manufacturing recession signals, cyclical sector i...
Category
All Economic Activity Data
GDP, ISM PMI, retail sales, industrial production, and leading indicators. Gauge the real economy with the broadest set ...

Frequently Asked Questions

▶What is Industrial Production?
Industrial production index, measures factory, mining, and utility output.
▶How does Industrial Production relate to economic activity?
Industrial Production is part of the Economic Activity category. Economic activity indicators reveal whether the economy is expanding or contracting in real time. ISM PMI readings above 50 signal expansion, while GDP growth tells the definitive story each quarter. Leading indicators like the Conference Board LEI can flag downturns months in advance, giving traders a head start on positioning.
▶How often is Industrial Production updated?
Industrial Production is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Industrial Production data?
Convex sources Industrial Production data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Industrial Production chart page?
The Industrial Production page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.

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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.