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US Industrial Production & Capacity
Industrial Production Index, Capacity Utilization, and Manufacturing output from the Federal Reserve — monthly readings with MoM/YoY changes, capacity gap analysis, and historical trends since 1919.
Last updated: October 19, 2026LIVE
Production Index
104.0
▲ 0.66% MoM
Capacity Utilization
76.9%
Normal
YoY Change
+2.25%
Year-over-year
Spare Capacity
23.1%
1,293 readings since 1919
Industrial Production Index (2017=100)
Capacity Utilization Gauge
Long-term Avg
79.8%
Spare Capacity
23.1%
Capacity Utilization Trend
Manufacturing vs Total Production
Year-over-Year Change (%)
Historical Data
📊 About This Data
Industrial Production Index (INDPRO) measures real output from manufacturing, mining, and electric and gas utilities. Base year: 2017=100.
Capacity Utilization (TCU) is the percentage of resources used by corporations and factories to produce goods. Values above 80% often signal inflationary pressure.
All series sourced from the Federal Reserve via FRED. Updated monthly. 1,293 observations from 1919 to 2026.
Last updated: Oct 19, 2026, 12:19 PM UTC·Source: FRED