In July 2024, the Industrial Production Index (IPI) came to a value of 102.9 in the United States. This is a slight decrease from the previous month, when the index stood at 103.5. 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 July 2019 to July 2024
(seasonally adjusted)
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Federal Reserve. (August 16, 2024). Monthly Industrial Production Index (IPI) of the United States from July 2019 to July 2024 (seasonally adjusted) [Graph]. In Statista. Retrieved September 20, 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 July 2019 to July 2024 (seasonally adjusted)." Chart. August 16, 2024. Statista. Accessed September 20, 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 July 2019 to July 2024 (seasonally adjusted). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve. "Monthly Industrial Production Index (Ipi) of The United States from July 2019 to July 2024 (Seasonally Adjusted)." Statista, Statista Inc., 16 Aug 2024, https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/
Federal Reserve, Monthly Industrial Production Index (IPI) of the United States from July 2019 to July 2024 (seasonally adjusted) Statista, https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/ (last visited September 20, 2024)
Monthly Industrial Production Index (IPI) of the United States from July 2019 to July 2024 (seasonally adjusted) [Graph], Federal Reserve, August 16, 2024. [Online]. Available: https://www.statista.com/statistics/1253646/us-monthly-industrial-production-index/