index of industrial production

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Index of Industrial Production

An index of the total output from manufacturing, mining, and utility companies. The Federal Reserve Board compiles the industrial production index and publishes it monthly. It is seen as an indicator of macroeconomic trends. A high industrial production index indicates that economic growth and is seen as good for stockholders, especially in industrial sectors. A low industrial production index indicates that industry is falling, which is bad for stockholders, but good for bondholders, as the Fed may use the index as a reason to cut interest rates. Low industrial production also means that there are fewer inflationary pressures on the economy.

index of industrial production

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On annual basis in May 2019 Industrial Production Index calculated from working day adjusted data rose in the mining and quarrying industry by 9.7% and in the manufacturing by 0.9%, while the production went down in the electricity, gas, steam and air conditioning supply by 5.4%.
The industrial production index measures real production of all industrial manufacturing.
Industrial production index provides a positive impact towards stock exchange prices for both long and short term period in both China and USA.
For industry as a whole, the industrial production index for the fourth quarter of 2017 was down 1.3% year-on-year.
Quantity of Industrial Production Index for March 2014 increased due to the increase of the Manufacturing Industry by 8.62% which had a share of 80.56% of the total industry.
According to the statistics of the State Statistical Office, the industrial production index in July this year dropped 6.9 percent
Turkey's industrial production index increased 6.7 percent in June 2011 when compared to June 2010.
The industrial production index reached 96.4 (base 2005=100) in September, recording a decrease of 11.9% compared with September 2010.
The general Industrial Production Index (IPI) dropped by 5 percent in the first seven months of the current year, according to official figures.
The industrial production index fell by 0.4%, while the construction production index decreased by 14.4% in annual terms.
Compared with 2007, the average industrial production index for 2008 fell by 1.7% in the eurozone and by 1.6% in the EU.
Co Global : Jordanian general industrial production index grew by 3.2% in 2007

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