Industrial Production
a.k.a. IP
A monthly measure of the output of factories, mines and utilities.
In plain English
A monthly measure of the output of factories, mines and utilities.
Industrial production tracks how much the industrial side of the economy is producing. In the US it is published by the Federal Reserve together with capacity utilization.
Industry is a smaller share of rich economies than it used to be, but it swings more than services, so it is a useful early read on the business cycle.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.