Industrial Production and Capacity Utilization

Published by Board of Governors of the Federal Reserve System | Board of Governors of the Federal Reserve System | Metadata Last Checked: January 26, 2026 | Last Modified: R/P1M

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. This statistical release is designated by OMB as a Principal Federal Economic Indicator (PFEI).

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Complete Metadata

bureauCode	[ "920:00" ]
identifier	FRBCMZ93
landingPage	https://www.federalreserve.gov/releases/g17/Current/default.htm
programCode	[ "920:000" ]