In March 2024, the Industrial Production Index (IPI) came to a value of 102.7 in the United States. This is a slight increase from the previous month when the index stood at 102.3. The IPI was created by the Federal Reserve to measure the performance of industrial production - manufacturing, mining, electric and gas industries - in the United States relative to a base year. A value of over 100 shows positive production performance, while a value below 100 indicates an industrial production performance below the standards of the base year.
Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted)
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Federal Reserve. (April 16, 2024). Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted) [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve. "Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted)." Chart. April 16, 2024. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve. (2024). Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted). Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve. "Monthly Industrial Production Index (Ipi) of The United States from February 2019 to February 2024 (Seasonally Adjusted)." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve, Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted) Statista, https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/ (last visited June 16, 2024)
Monthly Industrial Production Index (IPI) of the United States from February 2019 to February 2024 (seasonally adjusted) [Graph], Federal Reserve, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/