Industrial Production Rises for Fifth Straight Month, Index Hits 102.6

The Federal Reserve Board reports the industrial production index rose to 102.6 in February 2026, continuing a steady upward trend that began in the fall of 2025.

Industrial Production Index (2017 = 100)

The index has risen 1.4% from the October 2025 trough of 101.2 to February's 102.6. The month-over-month gain of 0.15 points (0.15%) is modest but maintains the upward trajectory.

Industrial production captures output from manufacturing, mining, and utilities. The current reading of 102.6 means the sector is producing 2.6% more than its 2017 baseline, though still below the pre-pandemic peak of 105.0 reached in late 2018.

The steady expansion aligns with broader economic signals: declining unemployment, stable interest rates, and recovering housing starts.

Source: Board of Governors of the Federal Reserve System via FRED, Federal Reserve Bank of St. Louis.