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Home > Releases > G.17 Industrial Production and Capacity Utilization > Industrial Production: Manufacturing (NAICS)

Industrial Production: Manufacturing (NAICS) (IPGMFN)

Observations

Feb 2025: 100.9613
Updated: Mar 18, 2025 8:23 AM CDT
Feb 2025:  100.9613  
Jan 2025:  98.4004  
Dec 2024:  98.3962  
Nov 2024:  98.7365  
Oct 2024:  99.6982  

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Monthly
1Y5Y10YMax
to
Date:
Bar 1 - Industrial Production: Manufacturing (NAICS) Vintage: 2025-02-14
Bar 1
(a) Industrial Production: Manufacturing (NAICS), Index 2017=100, Not Seasonally Adjusted (IPGMFN)
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

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    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

    Bar 1 - Industrial Production: Manufacturing (NAICS) Vintage: 2025-02-14
    Bar 2
    (a) Industrial Production: Manufacturing (NAICS), Index 2017=100, Not Seasonally Adjusted (IPGMFN)
    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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      Bar 1
      Industrial Production: Manufacturing (NAICS) Vintage: 2025-02-14
      Line details & color

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      Bar 2
      Industrial Production: Manufacturing (NAICS) Vintage: 2025-03-18
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      Notes

      Title Release Dates
      Industrial Production: Manufacturing (NAICS) 2015-02-18 2025-03-18
       
      Source    
      Board of Governors of the Federal Reserve System (US) 2015-02-18 2025-03-18
       
      Release    
      G.17 Industrial Production and Capacity Utilization 2015-02-18 2025-03-18
       
      Units    
      Index 2007=100 2015-02-18 2015-07-20
      Index 2012=100 2015-07-21 2021-05-27
      Index 2017=100 2021-05-28 2025-03-18
       
      Frequency    
      Monthly 2015-02-18 2025-03-18
       
      Seasonal Adjustment    
      Not Seasonally Adjusted 2015-02-18 2025-03-18
       
      Notes    
      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.

      Source Code: IP.GMF.N

      		2015-02-18 2021-05-27
      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 (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

      Source Code: IP.GMF.N

      		2021-05-28 2024-07-16
      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.



      		 2024-07-17 2025-03-18

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      North American Industry Classification System G.17 Industr. Production & Capacity Utilization Industrial Production Production Manufacturing Board of Governors Industry Indexes Monthly Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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