Board of Governors of the Federal Reserve System

Seasonally adjusted                            

	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Q1	Q2	Q3	Q4	Annual [2]
IP (percent change)
1994	.1	.2	1.3	.9	.6	.3	.4	.9	.4	.9	.8	1.1	4.9	9.5	6.1	10.0	5.9
1995	.2	-.2	.3	-.3	.4	.5	-.7	1.2	.9	-.1	.1	.3	4.4	.7	3.3	4.1	5.1
1996	-.6	1.5	-.2	1.2	.8	.9	.4	.4	.8	-.1	.9	.8	2.0	10.1	7.8	5.9	4.9
1997	.1	1.4	1.0	-.1	.7	.6	.8	1.2	.9	.9	1.0	.5	9.3	7.0	10.7	11.6	8.4
1998	.8	.2	-.2	.5	.5	-.7	-.4	2.4	-.1	.9	.1	.6	6.1	2.1	3.4	7.7	6.7
1999	.3	.9	.0	.3	.8	-.2	.4	.6	-.4	1.5	.7	.7	5.2	4.4	3.3	8.7	5.1
2000	.0	.2	.7	.6	.0	.2	.1	-.7	.5	-.4	-.3	-.6	4.4	4.9	-.3	-2.7	4.1
2001	-.4	-.7	-.2	-.4	-.6	-.6	-.5	-.4	-.4	-.4	-.4	.2	-5.6	-5.2	-5.8	-4.0	-3.6
2002	.7	.0	.7	.3	.5	1.0	-.1	.1	.1	-.3	.5	-.6	3.6	5.8	3.2	-.5	.5
2003	.8	-.1	.1	-.8	.0	.5	.3	-.5	.8	.1	.9	-.1	2.1	-2.2	2.5	4.4	1.4
2004	-.1	.8	.0	.3	.7	-.7	.9	.5	.0	.9	.0	.8	2.7	3.3	4.0	5.5	3.1
2005	.6	.9	-.5	.4	.3	.2	-.3	.5	-1.1	1.4	.9	.1	6.4	2.6	-.6	6.1	4.1
2006	.8	-.3	.0	.3	-.2	.3	-.3	.7	.1	-.5	.1	1.5	3.9	.7	1.1	1.7	2.6
2007	-.4	.3	.8	.6	-.1	.3	-.1	-.3	.3	-.2	.5	.2	4.7	5.5	.1	1.3	2.8
2008	-.2	-.7	-.4	-1.0	-.6	-.7	-1.1	-1.3	-3.4	-.6	-2.5	-3.4	-2.0	-8.4	-14.1	-22.0	-4.8
2009	-3.2	-.1	-1.8	-.7	-1.0	-.2	1.6	1.1	1.0	.1	1.0	-.1	-24.7	-10.3	9.1	7.2	-13.8
2010	1.0	-.1	1.3	.8	1.3	.0	.5	.1	.1	.1	.1	.5	6.7	10.4	4.3	1.6	6.0
2011	.0	.2	.6	-.5	.0	.1	.6	.4	.3	.5	-.2	.7	3.0	-.2	4.2	3.8	2.9
2012	.8	.4	-.5	.5	-.3	.3	-.2	-.1	-.2	-.2	.6	.7	5.4	.5	-1.2	1.1	2.6
2013	-.3	.4	-.1	-.3	.3	.2	-.8	.9	.1	.1	.0	-.2	2.7	.2	.2	1.7	.9
2014	-1.1	.9	.9	.0	.3	.3	.4	-.6	.0	-.1	.7	-.2	-1.1	4.7	1.4	.3	1.1
2015	-.6	-.8	.4	.0	.0	-.4	.7	-.3	-.3	-.1	-.2	-.3	-3.4	-.6	.8	-2.6	-.5
2016	.4	-.3	-.1	-.1	-.1	.2	.1	-.4	.2	.1	-.1	.0	-.6	-1.1	.0	.5	-.8
2017	.2	-.1	-.4	1.1	-.2	.1	-.4	-.2	.0	1.1	.1	-.2	.0	3.1	-2.2	4.1	.6
2018	-.3	.8	-.1	.7	-.8	.7	.0	.3	.0	-.5	-.3	.3	.4	2.3	1.6	-1.7	1.3
2019	-.9	-.5	-.2	-.7	.1	.5	-.7	.7	-.7	-.9	.9	.1	-4.7	-3.1	-.8	-2.1	-2.0
2020	-.3	.2	-4.6	-15.4	4.4	7.8	3.5	1.5	.0	.9	.6	.7	-5.2	-43.7	54.0	8.4	-6.5
2021	.9	-4.0	3.1	.0	1.1	.1	.8	-.3	-.9	1.4	.9	.1	-.4	5.8	3.0	5.3	4.9
2022	-.6	.9	.9	.0	-.2	-.3	.1	.2	.2	.1	-.7	-1.8	2.7	2.5	.0	-3.0	2.7
2023	1.8	-.1	-.6	.7	-.1	-.6	.3	.1	.1	-.7	.5	-.1	.3	-.2	-.4	-1.4	-.5
2024	-1.0	1.1	.2	-.6	.6								-.6
IP (2017=100)
1994	66.9	67.0	67.9	68.5	68.9	69.1	69.3	70.0	70.2	70.9	71.5	72.2	67.3	68.8	69.8	71.5	69.4
1995	72.4	72.2	72.4	72.1	72.4	72.8	72.3	73.1	73.7	73.7	73.7	74.0	72.3	72.4	73.0	73.8	72.9
1996	73.5	74.6	74.4	75.3	75.9	76.6	76.9	77.3	77.9	77.8	78.5	79.2	74.1	75.9	77.4	78.5	76.5
1997	79.3	80.4	81.1	81.1	81.6	82.2	82.8	83.8	84.6	85.4	86.2	86.6	80.3	81.6	83.7	86.1	82.9
1998	87.3	87.4	87.3	87.7	88.2	87.5	87.2	89.3	89.2	89.9	90.1	90.6	87.3	87.8	88.5	90.2	88.5
1999	90.8	91.6	91.6	91.9	92.6	92.4	92.8	93.4	93.0	94.4	95.0	95.7	91.3	92.3	93.1	95.0	92.9
2000	95.7	95.9	96.6	97.2	97.2	97.4	97.4	96.8	97.3	96.9	96.6	96.0	96.1	97.2	97.2	96.5	96.7
2001	95.6	95.0	94.8	94.4	93.9	93.3	92.9	92.5	92.1	91.7	91.4	91.6	95.1	93.9	92.5	91.6	93.3
2002	92.2	92.1	92.8	93.1	93.5	94.4	94.3	94.4	94.5	94.2	94.7	94.1	92.4	93.7	94.4	94.3	93.7
2003	94.9	94.7	94.8	94.1	94.2	94.6	94.9	94.5	95.2	95.4	96.2	96.1	94.8	94.3	94.9	95.9	95.0
2004	96.0	96.8	96.7	97.1	97.8	97.1	98.0	98.4	98.4	99.3	99.3	100.1	96.5	97.3	98.3	99.6	97.9
2005	100.7	101.6	101.1	101.5	101.8	102.0	101.7	102.2	101.1	102.5	103.4	103.5	101.1	101.8	101.7	103.2	101.9
2006	104.3	104.1	104.1	104.4	104.2	104.5	104.1	104.9	104.9	104.5	104.6	106.1	104.2	104.4	104.6	105.1	104.6
2007	105.8	106.1	107.0	107.7	107.6	107.9	107.9	107.6	107.9	107.7	108.2	108.4	106.3	107.7	107.8	108.1	107.5
2008	108.2	107.5	107.0	105.9	105.3	104.5	103.4	102.0	98.5	97.9	95.5	92.3	107.6	105.2	101.3	95.2	102.3
2009	89.3	89.2	87.6	87.0	86.1	85.9	87.2	88.2	89.1	89.2	90.1	90.0	88.7	86.3	88.2	89.7	88.2
2010	90.9	90.8	91.9	92.7	93.9	93.9	94.4	94.5	94.5	94.6	94.7	95.2	91.2	93.5	94.5	94.8	93.5
2011	95.2	95.4	96.0	95.5	95.4	95.6	96.1	96.5	96.8	97.3	97.1	97.8	95.5	95.5	96.5	97.4	96.2
2012	98.6	99.0	98.5	98.9	98.6	98.9	98.7	98.5	98.3	98.1	98.7	99.5	98.7	98.8	98.5	98.8	98.7
2013	99.2	99.6	99.5	99.2	99.5	99.7	98.9	99.8	99.9	100.0	100.0	99.8	99.4	99.5	99.5	99.9	99.6
2014	98.8	99.7	100.5	100.5	100.8	101.1	101.6	101.0	101.0	100.9	101.5	101.4	99.7	100.8	101.2	101.3	100.7
2015	100.8	100.0	100.4	100.3	100.4	100.0	100.7	100.4	100.1	100.0	99.8	99.5	100.4	100.2	100.4	99.8	100.2
2016	99.9	99.5	99.4	99.3	99.2	99.5	99.5	99.2	99.4	99.5	99.4	99.5	99.6	99.3	99.3	99.5	99.4
2017	99.6	99.5	99.2	100.3	100.1	100.2	99.8	99.6	99.6	100.7	100.8	100.6	99.5	100.2	99.7	100.7	100.0
2018	100.2	101.1	101.0	101.7	100.8	101.5	101.6	101.8	101.9	101.4	101.1	101.5	100.8	101.3	101.7	101.3	101.3
2019	100.5	100.0	99.8	99.1	99.2	99.6	98.9	99.6	98.9	98.0	98.8	99.0	100.1	99.3	99.1	98.6	99.3
2020	98.7	98.9	94.3	79.8	83.3	89.7	92.9	94.3	94.4	95.2	95.7	96.4	97.3	84.3	93.9	95.8	92.8
2021	97.3	93.4	96.3	96.3	97.4	97.4	98.3	98.0	97.1	98.4	99.3	99.4	95.7	97.0	97.8	99.0	97.4
2022	98.8	99.7	100.6	100.6	100.4	100.0	100.1	100.3	100.6	100.7	99.9	98.1	99.7	100.3	100.3	99.6	100.0
2023	99.9	99.8	99.2	99.9	99.8	99.2	99.4	99.5	99.6	98.9	99.3	99.2	99.7	99.6	99.5	99.1	99.5
2024	98.2	99.3	99.5	98.9	99.5								99.0

Note: Estimates from January 2024 through May 2024 are subject to further revision in the upcoming monthly releases.
[1] See footnote 2 to table 2.
[2] Annual averages of industrial production are calculated from not seasonally adjusted indexes.