MFG Calcs Signals

What Is Manufacturing Cost Pressure Right Now?

The Manufacturing Cost Pressure Index (MCPI): one reproducible number for U.S. input-cost pressure from materials, labor, energy, tariffs, and the dollar.

What this Signal shows

  • See one number for U.S. manufacturing input-cost pressure, with an exact breakdown of how much materials, labor, energy, tariffs, and the dollar each contribute.

Cadence, source and downloads

  • Cadence: Refreshed automatically whenever the underlying series update.
  • An illustrative composite on a frozen, documented methodology, not an official statistic. Built from U.S. federal open data (BLS, EIA, FRED) plus the MFG Calcs effective tariff rate. Full index at /signals/cost-pressure-index.
  • Free to download as Index history (CSV), Full index + decomposition (JSON), Methodology (JSON) under CC BY 4.0.

Last reviewed 2026-10-01.