Industrial Production: Manufacturing (NAICS)
Industrial Production: Manufacturing (NAICS) is an index of physical production volume, reported as Index 2017=100.
99.10
Index 2017=100
Industrial Production: Manufacturing (NAICS) — latest reading: 99.10. As of August 2026, it is up 1.0% over the past 12 months, above its 10-year average. Source: IPMAN, US Federal Reserve Board, published monthly. Reported as published, without transformation; the publisher may revise it. Higher than all but 116 of 656 readings since 1972-01-01. Last at or above this level on 2026-07-01.
Min
35.36
Max
106.61
Average
75.50
10Y Percentile
68%
3M Change
+0.1%
Industrial Production: Manufacturing (NAICS) (IPMAN) — 656 observations from 1972-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Industrial Production: Manufacturing (NAICS) with other indicators →
Next scheduled release: Fri, Oct 16 (G.17 Industrial Production and Capacity Utilization, per the FRED release calendar — scheduled dates can move).
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Industrial Production: Manufacturing (NAICS) said on the day, before it was restated. Measured in Index 2017=100.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | 99.314 | 99.3952 | +0.081 | 1× |
| Jun 2026 | 98.6995 | 99.2374 | +0.538 | 2× |
| May 2026 | 98.6353 | 98.9796 | +0.344 | 3× |
| Apr 2026 | 98.6729 | 98.8563 | +0.183 | 4× |
| Mar 2026 | 97.995 | 98.0924 | +0.097 | 5× |
| Feb 2026 | 98.3027 | 97.733 | -0.57 | 5× |
| Jan 2026 | 98.2351 | 97.0786 | -1.157 | 5× |
| Dec 2025 | 98.1787 | 96.9857 | -1.193 | 5× |
| Nov 2025 | 97.7127 | 97.1299 | -0.583 | 5× |
| Oct 2025 | 97.6841 | 97.2128 | -0.471 | 4× |
| Sep 2025 | 97.7708 | 98.0473 | +0.277 | 4× |
Industrial Production: Manufacturing (NAICS) for July 2026 first printed at 99.314 on August 18, 2026, was revised once, and now reads up to 99.3952. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
+0.1%
6-Month
+1.4%
12-Month
+1.0%
What this means
Industrial Production: Manufacturing (NAICS) is currently at 99.10 , which is above its 10-year historical average. The trend is stable (+0.1% over the past 3 months).
Over the past 6 months the change is +1.4%, and over 12 months it is +1.0%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Industrial Production: Manufacturing (NAICS)," https://www.macroradar.io/industrial-production-manufacturing-naics (as of August 2026).