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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Industrial Production Index held to 102.64 in May 2026
FREDMonthlyReleased June 2026
US Industrial Production Index held to 102.64 in May 2026, released June 2026.
Latest Release
102.639500
Actual
—
Consensus
102.639500
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.44 | INDEX | Moves with | → View |
| USD/JPY | ▲ Direct | +0.39 | FOREX | Moves with | → View |
| NZD/USD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| MSFT | ▼ Inverse | −0.31 | STOCKS | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production Index (United States) was reported at 102.64 Index 2017=100 in May 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 101.98 Index 2017=100, ranging from 101.21 Index 2017=100 to 102.64 Index 2017=100 across 11 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 102.57 Index 2017=100, up from the prior three at 102.18 Index 2017=100. Volatility over the past year (σ 0.49 Index 2017=100) is lower than the prior year (σ 0.78 Index 2017=100). In June readings over the past 3 years, Industrial Production Index has averaged 101.67 Index 2017=100.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Industrial Production Index - US
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About Industrial Production Index — United States
DEFINITION
US Industrial Production Index rose to 102.647500 in May, up from April’s 102.509000, marking a modest increase. The index shows continued expansion in manufacturing output after a slight dip in March’s 101.806000. Market participants will watch upcoming data for confirmation of this steady growth amid current monetary policy. Updated 6/16/26
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. Surprises against consensus typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 102.6 Index 2017=100. Prior reading (May 2026): 102.6 Index 2017=100. Before that (Apr 2026): 102.5 Index 2017=100.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.44) — a useful reference for index-focused traders.
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EXPECTED ZONE
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