Factory demand
Manufacturing industrial production
As of May 2026, manufacturing industrial production stands at 98.64 index (2017=100) (Federal Reserve, Census, BLS, and ATA via FRED), rising over the recent window.
What this measures and why it matters
- Manufacturing industrial production is a demand-side signal for U.S. manufacturing: it says how much work is flowing through the sector. Reading it before committing to capacity, staffing, or inventory keeps those decisions aligned with where real order volume is heading.
- The figure comes from Federal Reserve, Census, BLS, and ATA via FRED and is reported in index (2017=100). MFG Calcs archives every published value, so the chart and table below show the full recorded history rather than a single snapshot, and they extend automatically as new data lands.
Current reading and trend
- Latest reading: 98.64 index (2017=100) for May 2026.
- Prior period: 98.59 (Apr 2026), a rise of 0.05.
- Compared with a year earlier, manufacturing industrial production is up 1.4%.
- Across the archived window the high was 98.64 in May 2026 and the low was 96.99 in Dec 2025.
- The series has moved up for 5 consecutive periods.
- 13 observations have been archived so far, and this page deepens automatically each time Federal Reserve, Census, BLS, and ATA via FRED publishes a new figure.
Recent observations
- May 2026: 98.64 index (2017=100)
- Apr 2026: 98.59 index (2017=100)
- Mar 2026: 97.88 index (2017=100)
- Feb 2026: 97.74 index (2017=100)
- Jan 2026: 97.12 index (2017=100)
- Dec 2025: 96.99 index (2017=100)
- Nov 2025: 97.13 index (2017=100)
- Oct 2025: 97.21 index (2017=100)
- Sep 2025: 98.05 index (2017=100)
- Aug 2025: 98.08 index (2017=100)
- Jul 2025: 98.07 index (2017=100)
- Jun 2025: 97.58 index (2017=100)
- May 2025: 97.25 index (2017=100)
Last reviewed 2026-05-12.