US manufacturing statistics 2026
The Federal Reserve's index of US manufacturing output stood at 99.4 in September 2026 (2017 = 100). Below are 40 key statistics on American factory output: the latest month, yearly averages, records, the 2008-09 and 2020 downturns and the long-run trend, each calculated from the Federal Reserve's monthly series and linkable on its own.
Updated 1 November 2026. Source: Federal Reserve Board, G.17 Industrial Production. Monthly chart and full data: US manufacturing output tracker. Look up any month or year since 1972: US manufacturing output lookup. Download these figures: key figures (CSV) · by year (CSV).
Latest figures
- The Federal Reserve's index of US manufacturing output was 99.4 in September 2026 (2017 = 100, seasonally adjusted), the latest month published. #
- That is +0.3% from August 2026, when the index stood at 99.2. #
- Compared with September 2025 (98.0), factory output was +1.4%. #
- Over the last three months, since June 2026, output changed by +0.2%. #
- Over six months, since March 2026, it changed by +1.4%. #
- US factories are producing 0.6% less than their 2017 average, the index's base year. #
- Output is +0.6% against February 2020 (98.8), the last month before the pandemic slump. #
- The index is 6.7% below its highest reading since 2000, 106.6 in December 2007. #
Output by year
- From January to September 2026, the index averaged 98.7, +1.3% on the same months of 2025. #
- 2025: average index 97.3, output +1.0% on 2024. #
- 2024: average index 96.4, output −0.9% on 2023. #
- 2023: average index 97.3, output −0.8% on 2022. #
- 2022: average index 98.0, output +0.4% on 2021. #
- 2021: average index 97.6, output +5.0% on 2020. #
- 2020: average index 93.0, output −6.5% on 2019. #
- 2019: average index 99.5, output −2.0% on 2018. #
- 2018: average index 101.5, output +1.5% on 2017. #
- 2017: average index 100.0, output +0.5% on 2016. #
- 2016: average index 99.5, output −0.7% on 2015. #
- 2015: average index 100.2, output −0.5% on 2014. #
Records
- The highest monthly reading since January 2000 is 106.6, in December 2007. #
- The lowest is 79.9, in April 2020. #
- The strongest complete year was 2007, with an average index of 105.4. #
- The weakest complete year was 2009, averaging 86.9. #
- The largest one-month rise was +7.9%, in June 2020. #
- The largest one-month fall was −15.4%, in April 2020. #
- 74 of the 321 months since January 2000 have been at or above the 2017 level of 100. #
- It has been 18 years and 9 months since the index last set a high. #
Downturns and recoveries
- In the 2008-09 recession, output fell 20.8% from 106.6 in December 2007 to 84.4 in June 2009. #
- Output has not returned to its December 2007 pre-recession level of 106.6 since; the latest reading is 6.7% below it. #
- In the pandemic shock, the index dropped 19.2% from 98.8 in February 2020 to 79.9 in April 2020. #
- It first climbed back to the February 2020 level in July 2021, 17 months later. #
- Since March 2020, 11 of 79 months have been at or above the February 2020 level. #
- In the early-2000s downturn, output fell 5.9% from July 2000 to November 2001. #
Long-run change
- 2000s: the index averaged 95.6. #
- 2010s: the index averaged 98.7. #
- Complete years since 2020 (2020 to 2025) averaged 96.6. #
- The September 2026 reading is 6.7% above the 2000 average of 93.2. #
- That is level with the 2019 average of 99.5, the last full year before the pandemic. #
- Output rose in 8 of the last 12 months. #
Download chart
A ready-to-use image of the average US manufacturing output index in each year from 2010 to 2025, with the source credit printed on the chart. It is updated daily with this page.

Download chart (PNG, 1200 × 675 px) · SVG version
Each bar is the average of the twelve monthly readings of the Federal Reserve's manufacturing output index (2017 = 100, seasonally adjusted) in that complete calendar year, calculated by BureauLine (the same figures as the average column in the by-year CSV below). The Federal Reserve revises its data, so past bars can change. You may reuse the chart under a CC BY 4.0 licence with credit to BureauLine and the Federal Reserve Board, and a link to this page. Please keep the credit line on the image. To publish it, copy this code:
Download the data
The figures on this page are free to download as CSV files, built from the same Federal Reserve data as the page and updated daily with it:
- US manufacturing key figures (CSV): all 40 statistics above, with the value, unit, period, full statement and a direct link to each figure.
- US manufacturing output by year (CSV): the yearly average of the index, the change on the previous year and the strongest and weakest month for 2000 to 2025 (26 years).
The full monthly series since 2000 is on the US manufacturing output tracker. You may reuse these files with credit to BureauLine and the Federal Reserve Board and a link to this page, under CC BY 4.0.
Cite this page
You are welcome to quote any statistic here with a link to this page. Each figure has its own link (the # after it) so you can point readers to the exact number, and a "Copy citation" button that copies the figure with its source and link.
Embed the latest manufacturing output figure
Copy this HTML to show the headline figure on your own site or newsletter. It is plain HTML with no scripts. The number is fixed when you copy it, so copy it again after each monthly Federal Reserve release. Please keep the credit link.
How these figures are calculated
All figures come from the Federal Reserve Board's index of industrial production for manufacturing, defined on the North American Industry Classification System (NAICS) basis, seasonally adjusted and monthly from January 2000, as published in the G.17 release and on FRED (series IPMAN). The index measures the real, inflation-adjusted output of US factories, with the 2017 average set to 100.
Yearly figures are the average of the twelve monthly readings in each complete calendar year. Changes, averages, records and recession comparisons are calculated by BureauLine; downturn peaks and troughs are the highest and lowest monthly readings around each recession. The Federal Reserve revises recent months and sometimes the whole history, so figures here can change. This page is refreshed daily from the latest release.
