The trend since 2019.
The current read: Industrial Production YoY is at 1.14% as of June 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
Manufacturing strength signals that businesses are confident enough to invest in production, which typically leads to more hiring and higher wages. Weak industrial production usually precedes job losses and slowing wage growth, so this recovery is a positive sign for your paycheck and job security.
Where it fits.
Industrial Production YoY feeds the Growth view — one of the six areas behind the site's Macro IQ score.