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Industrial Production Index - IPI - Historical data
This item downloads the Industrial Production Index historical data from the Board of Governors of the Federal Reserve System. The Industrial Production Index or IPI is an economic indicator. It is available in the G.17 Industrial Production and Capacity Utilization Release. It measures the production output in the U.S. industrial sector, which includes the manufacturing, mining, electric and gas utilities.
The reference year of the index is 2002, and its reference value is 100. The last value of the seasonally adjusted Industrial Production Index was 98.46. This number indicates that the index value is almost the same as its value in the beginning of 2002.
An increase in the Industrial Production Index indicates that the industry is producing more and that the economy is growing, while a decrease in this index is a sign of a weak economy. Since 2000, there were two big declines in the IPI, the first one started in June 2000 and the second one started in December 2007.
The downloader automatically creates a symbol (^IND_PROD_INDEX) and associates the downloaded data with this symbol. The data is updated monthly and it is seasonally adjusted. The 'obs_end_date' field is used to set the last download date. It is currently set to 2009-09-01, but as soon as the October data is made available, you can set this field to the October date: 2009-10-01.