FEDERAL RESERVE STATISTICAL RELEASE G.17 (419) For release at 9:15 a.m. (EDT) August 15, 2008 Industrial Production and Capacity Utilization Industrial production increased 0.2 percent in July after having advanced 0.4 percent in June. Manufacturing output gained 0.4 percent in July and was boosted by a rise of 3.6 percent in the production of motor vehicles and parts. Excluding motor vehicles and parts, the index for manufacturing increased 0.2 percent. The output of mines moved up 0.9 percent, while the output of utilities contracted 1.9 percent. At 111.8 percent of its 2002 average, total industrial production was 0.1 percent below its level of a year earlier. In July, the capacity utilization rate for total industry edged up to 79.9 percent, a level 1.1 percentage points below its average for 1972-2007. Market Groups ------------- The production of consumer goods increased 0.3 percent in July. The output of durable consumer goods rose 1.0 percent; an increase of 2.5 percent in the index for automotive products was partly offset by drops in the indexes for appliances, furniture, and carpeting and for home electronics. The index for miscellaneous consumer goods was unchanged. The production of nondurable consumer goods edged up 0.1 percent in July; the increase reflected a rise in the output of consumer energy goods, particularly gasoline. Non-energy nondurable consumer goods declined 0.2 percent; lower indexes for foods and tobacco, clothing, and paper products more than offset an increase in the output of chemical products. The output of business equipment climbed 0.8 percent in July. Production of transit equipment jumped 2.8 percent, and the output of industrial and other equipment rose 0.6 percent, an increase that reversed its June decline. The index for information processing and related equipment slipped 0.2 percent. The output of defense and space equipment gained 0.6 percent. The production of construction supplies increased 0.3 percent. On net, the output of construction supplies advanced over the past three months; its average monthly decrease over the preceding nine months had been about 0.7 percent. The index for business supplies fell 0.5 percent in July. Materials output moved up 0.3 percent in July following a similarly sized increase in June. The production of durable materials advanced 0.6 percent, and gains were widespread across its components. Consumer parts showed the largest advance, 2.1 percent, as the output of motor vehicle parts rose markedly. The production of nondurable materials edged down 0.1 percent, with declines in textile materials and paper materials partly offset by an increase in chemical materials. The index for energy materials rose 0.2 percent. Industry Groups --------------- Production in manufacturing advanced 0.4 percent in July. The factory operating rate increased to 77.7 percent, a level 2.0 percentage points below its 1972-2007 average. The production of durable goods rose 0.6 percent, and gains were widespread. The largest increase in July was for motor vehicles and parts, which advanced for a third consecutive month; nevertheless, this index remained 10.4 percent below its year-earlier level. The only durable goods industries to have registered declines in July were wood products, fabricated metal products, and furniture and related products. The output of nondurable goods rose 0.3 percent. Declines in the indexes for food, beverage, and tobacco products; textile and product mills; apparel and leather products; paper; and printing and support were more than offset by higher output of petroleum and coal products, chemicals, and plastics and rubber products. The index for non-NAICS manufacturing industries (logging and publishing) fell 1.3 percent. Production in publishing has fallen nearly 7 percent in the past 12 months. The output of electric and gas utilities dropped 1.9 percent in July, and the operating rate for utilities decreased 1.8 percentage points, to 84.4 percent, a rate 2.4 percentage points below its 1972-2007 average. Mining production increased 0.9 percent. Capacity utilization for mining rose to 92.1 percent, a rate just above the peak attained in 2000-01 and just below the peak in January 1998. Within mining, the rate of capacity utilization in oil and gas extraction was particularly high. Capacity utilization rates at industries grouped by stage of process were as follows: For the crude stage, utilization rose 0.7 percentage point, to 90.1 percent, a rate 3.5 percentage points above its 1972-2007 average; for the primary and semifinished stages, utilization moved down 0.3 percentage point, to 79.5 percent, a rate 2.7 percentage points below its long-run average; and for the finished stage, utilization increased 0.3 percentage point, to 76.4 percent, a rate 1.3 percentage points below its long-run average. INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | 2002=100 | Percent change | ----------------------------------------------------------------- | ----------------------------------------------------------------------------------- | 2008 | 2008 | July '07 to Industrial production | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | July '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total index | 112.3 112.0 111.3 111.1 111.6 111.8 | -.3 -.2 -.6 -.2 .4 .2 | -.1 Previous estimates | 112.2 112.2 111.4 111.2 111.7 | -.4 .1 -.7 -.2 .5 | | | | Major market groups | | | Final Products | 113.8 113.1 112.1 112.0 112.8 113.2 | -.2 -.6 -.9 -.1 .7 .4 | -.4 Consumer goods | 107.9 106.7 106.0 105.8 106.7 107.0 | -.1 -1.1 -.7 -.2 .8 .3 | -1.1 Business equipment | 131.1 132.0 129.5 129.8 130.1 131.1 | -.2 .7 -1.9 .3 .2 .8 | 1.2 Nonindustrial supplies | 107.2 106.7 106.3 106.0 106.0 105.7 | -.5 -.4 -.4 -.3 -.1 -.3 | -2.3 Construction | 102.3 102.3 101.3 101.7 101.5 101.7 | -1.3 .0 -1.0 .4 -.2 .3 | -5.3 Materials | 112.6 112.8 112.4 112.1 112.5 112.7 | -.3 .2 -.3 -.3 .3 .3 | .8 | | | Major industry groups | | | Manufacturing (see note below) | 113.1 113.2 112.2 112.3 112.4 112.8 | -.6 .1 -.9 .0 .1 .4 | -1.1 Previous estimates | 113.1 113.4 112.3 112.3 112.5 | -.7 .2 -.9 -.1 .2 | Mining | 103.6 103.9 103.9 103.9 104.8 105.8 | .4 .2 .0 .1 .9 .9 | 4.2 Utilities | 112.6 108.7 110.4 107.9 110.3 108.3 | 1.6 -3.5 1.6 -2.2 2.3 -1.9 | 2.5 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | Capacity | Percent of capacity | growth | ------------------------------------------------------------------------------------------------------------------------------------------- | --------------- | Average 1988- 1990- 1994- 2001- | | | 1972- 89 91 95 02 2007 | 2008 | July '07 to Capacity utilization | 2007 high low high low July | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | July '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total industry | 81.0 85.0 78.6 85.1 73.6 81.4 | 80.3 80.5 79.8 79.6 79.8 79.9 | 1.7 Previous estimates | | 80.3 80.5 79.9 79.6 79.9 | | | | Manufacturing (see note below) | 79.7 85.4 77.1 84.6 71.5 80.1 | 78.4 78.5 77.6 77.5 77.5 77.7 | 1.9 Previous estimates | | 78.4 78.5 77.7 77.6 77.6 | Mining | 87.5 86.3 83.6 88.7 84.8 89.2 | 90.5 90.5 90.6 90.6 91.4 92.1 | .9 Utilities | 86.8 92.7 84.1 93.9 84.6 84.2 | 85.8 86.7 86.5 84.4 86.2 84.4 | 2.2 | | | Stage-of-process groups | | | Crude | 86.6 88.3 84.4 89.5 81.9 88.4 | 89.4 89.6 89.1 89.7 89.4 90.1 | .7 Primary and semifinished | 82.2 86.4 77.8 88.2 74.6 81.9 | 80.3 80.6 80.2 79.6 79.8 79.5 | 2.2 Finished | 77.7 82.8 77.1 80.4 69.9 78.3 | 77.0 77.1 75.9 75.7 76.1 76.4 | 1.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ r Revised. p Preliminary. Note. The statistics in this release cover output, capacity, and capacity utilization in the U.S. industrial sector, which is defined by the Federal Reserve to comprise manufacturing, mining, and electric and gas utilities. Mining is defined as all industries in sector 21 of the North American Industry Classification System (NAICS); electric and gas utilities are those in NAICS sectors 2211 and 2212. Manufacturing comprises NAICS manufacturing industries (sector 31-33) plus the logging industry and the newspaper, periodical, book, and directory publishing industries. Logging and publishing are classified elsewhere in NAICS (under agriculture and information respectively), but historically they were considered to be manufacturing and were included in the industrial sector under the Standard Industrial Classification (SIC) system. In December 2002 the Federal Reserve reclassified all its industrial output data from the SIC system to NAICS. Table 1 Industrial Production: Market and Industry Group Summary Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| July '07 | | 2007 | | 2007 2008 | 2008 | to Item | NAICS |Proportion<1>| 2005 2006 2007 | Q4 Q1[r] Q2[r] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | July '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total IP | | 100.00 | 2.6 1.7 2.1 | .3 .4 -3.2 | -.3 -.2 -.6 -.2 .4 .2 | -.1 | | | | | | MARKET GROUP | | | | | | Final products and nonindustrial supplies | | 56.13 | 4.4 1.0 1.3 | -1.6 .4 -4.4 | -.2 -.6 -.8 -.1 .5 .2 | -.9 Consumer goods | | 29.33 | 2.4 .2 1.1 | -2.9 .6 -5.1 | -.1 -1.1 -.7 -.2 .8 .3 | -1.1 Durable | | 6.68 | 1.5 -3.9 .9 | -7.2 -11.4 -16.1 | -1.2 -2.2 -3.7 .6 2.6 1.0 | -7.2 Automotive products | | 3.23 | -1.9 -5.3 3.6 | -8.2 -13.4 -30.0 | -1.1 -4.8 -7.8 1.2 6.2 2.5 | -9.3 Home electronics | | .31 | 11.0 11.5 14.2 | 33.1 6.8 22.2 | .2 .5 3.9 2.1 -1.7 -.5 | 14.4 Appliances, furniture, carpeting | | 1.08 | 1.6 -6.1 -6.0 | -12.9 -19.8 -6.7 | -2.1 .0 -.2 -.7 -1.0 -1.0 | -12.2 Miscellaneous goods | | 2.06 | 5.6 -2.8 -1.5 | -7.9 -6.5 -2.0 | -1.1 .5 -.6 .1 .1 .0 | -4.3 Nondurable | | 22.65 | 2.7 1.5 1.2 | -1.5 4.4 -1.9 | .2 -.8 .1 -.4 .4 .1 | .7 Non-energy | | 16.27 | 3.0 2.1 .9 | -2.1 .6 -.6 | -.1 .3 -.4 .0 .2 -.2 | -.7 Foods and tobacco | | 8.99 | 3.9 .3 1.5 | -4.6 -.4 .7 | -.1 .9 -.4 .0 -.1 -.3 | -1.6 Clothing | | .54 | -2.1 .3 -1.9 | -3.5 -2.7 -10.0 | -1.0 -1.5 -.6 -1.5 1.0 -.7 | -5.5 Chemical products | | 4.71 | 3.1 7.7 .0 | 3.5 1.0 -.2 | -.1 -.8 .4 -.2 .8 .5 | 2.0 Paper products | | 1.56 | -.9 -2.4 1.1 | -5.1 4.8 -5.2 | .1 .6 -2.1 .5 .0 -1.4 | -2.9 Energy | | 6.38 | 1.7 -.2 1.9 | .2 14.9 -5.0 | 1.1 -3.6 1.4 -1.2 .9 .6 | 4.7 | | | | | | Business equipment | | 9.38 | 10.3 7.8 2.8 | 1.8 3.4 -5.0 | -.2 .7 -1.9 .3 .2 .8 | 1.2 Transit | | 1.71 | 15.9 9.1 -3.4 | -4.2 -6.3 -8.1 | -1.1 -.7 -2.3 .8 1.8 2.8 | -1.2 Information processing | | 2.72 | 14.6 12.8 8.9 | 13.3 11.8 8.7 | 1.4 1.0 .6 .2 .5 -.2 | 9.6 Industrial and other | | 4.95 | 5.9 4.4 1.7 | -2.2 2.1 -11.2 | -.8 .9 -3.1 .1 -.5 .6 | -2.6 Defense and space equipment | | 1.73 | 6.9 -2.6 5.2 | 4.8 1.7 -2.2 | -1.1 .0 -.1 -.5 .8 .6 | 2.0 | | | | | | Construction supplies | | 4.21 | 7.5 -3.5 -1.6 | -8.3 -7.4 -4.8 | -1.3 .0 -1.0 .4 -.2 .3 | -5.3 Business supplies | | 10.64 | 2.6 -.3 1.1 | .8 .0 -3.7 | -.1 -.6 -.2 -.5 .0 -.5 | -1.1 | | | | | | Materials | | 43.87 | .3 2.5 3.2 | 2.9 .3 -1.7 | -.3 .2 -.3 -.3 .3 .3 | .8 Non-energy | | 29.30 | 2.4 1.3 3.5 | .9 -1.6 -2.6 | -.6 .3 -.6 -.1 .1 .3 | -.7 Durable | | 17.55 | 5.4 1.2 5.4 | 2.1 .7 -2.4 | .0 .3 -.6 -.6 .4 .6 | .7 Consumer parts | | 2.92 | .5 -5.8 -2.0 | -10.6 -12.6 -11.6 | -1.1 -1.7 -1.8 -.4 1.6 2.1 | -6.6 Equipment parts | | 6.02 | 11.3 9.4 12.5 | 13.1 10.3 4.8 | .9 1.6 .0 -.5 .4 .4 | 7.6 Other | | 8.62 | 2.9 -2.0 3.0 | -.9 -1.3 -4.5 | -.2 .0 -.7 -.7 .1 .2 | -1.8 Nondurable | | 11.75 | -2.2 1.6 .6 | -.9 -4.9 -2.8 | -1.6 .4 -.7 .6 -.4 -.1 | -2.7 Textile | | .52 | .5 -12.2 -9.4 | -8.8 -13.1 -9.8 | -.1 -1.8 -1.0 .3 -1.5 -1.9 | -12.3 Paper | | 2.23 | -1.1 1.6 -1.3 | 2.9 -4.2 -2.5 | -1.9 .8 -.9 2.2 -3.1 -.9 | -3.6 Chemical | | 5.78 | -5.8 4.9 2.1 | -1.1 -5.9 -2.5 | -1.7 -.2 -.3 .6 .1 .3 | -1.9 Energy | | 14.58 | -4.0 5.2 2.7 | 7.1 4.0 .0 | .3 -.2 .2 -.5 .6 .2 | 3.9 | | | | | | | | | | | | INDUSTRY GROUP | | | | | | Manufacturing | | 78.70 | 3.7 1.1 2.3 | -.6 -1.0 -3.9 | -.6 .1 -.9 .0 .1 .4 | -1.1 Manufacturing (NAICS) | 31-33 | 75.02 | 3.9 1.4 2.5 | -.4 -.9 -3.7 | -.6 .1 -.9 .1 .1 .4 | -.9 | | | | | | Durable manufacturing | | 38.51 | 6.9 1.6 3.9 | .3 -.5 -5.9 | -.5 .1 -1.5 -.1 .6 .6 | -.8 Wood products | 321 | 1.19 | 11.6 -13.3 -6.8 | -17.5 -13.8 -7.2 | -1.4 .4 -1.5 -.3 -.1 -1.3 | -12.3 Nonmetallic mineral products | 327 | 2.25 | 5.3 -3.5 .7 | -6.5 -8.5 -4.4 | -1.1 1.4 -1.4 .2 -1.1 .7 | -4.7 Primary metal | 331 | 2.70 | -1.1 -4.2 4.1 | .0 10.3 -12.8 | -1.0 -1.1 -1.4 -1.9 1.0 .8 | -1.9 Fabricated metal products | 332 | 5.58 | 6.2 3.2 3.4 | 1.4 .8 -5.7 | .1 .1 -.8 -.8 -.9 -.4 | -1.9 Machinery | 333 | 4.89 | 8.3 2.5 -.7 | -5.8 -1.4 -9.7 | -.9 1.6 -3.2 .0 .0 .7 | -3.9 Computer and electronic products | 334 | 6.85 | 15.1 12.2 13.9 | 20.6 13.7 13.1 | 1.9 1.7 1.1 .2 .4 .1 | 12.7 Electrical equip., appliances, | | | | | | and components | 335 | 1.93 | 1.8 -.5 3.7 | -2.1 1.5 3.0 | -1.5 1.5 -.4 .9 .1 .2 | .9 Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.2 | -13.1 -14.4 -28.9 | -1.0 -4.8 -6.6 .6 4.8 3.6 | -10.4 Aerospace and miscellaneous | | | | | | transportation equipment | 3364-9 | 3.50 | 11.5 4.5 10.9 | 6.7 -1.2 -4.2 | -1.7 -.3 -.6 -.2 1.3 1.0 | 2.7 Furniture and related products | 337 | 1.43 | 1.6 -1.6 -1.7 | -7.5 -16.0 -9.3 | -1.7 -.5 -1.0 -.5 -.5 -.8 | -9.8 Miscellaneous | 339 | 3.09 | 6.6 2.7 1.5 | -1.2 .6 -1.0 | -2.2 1.6 -.7 .2 -.1 .4 | .1 | | | | | | Nondurable manufacturing | | 36.50 | .7 1.3 .9 | -1.1 -1.3 -1.3 | -.7 .1 -.2 .3 -.4 .3 | -.9 Food, beverage, and tobacco products | 311,2 | 10.74 | 4.1 .3 2.1 | -3.7 .0 .6 | -.2 1.1 -.3 -.3 -.1 -.1 | -1.2 Textile and product mills | 313,4 | .93 | -.3 -11.7 -8.1 | -8.9 -11.2 -8.1 | .0 -.8 -1.3 .1 -1.0 -1.8 | -11.1 Apparel and leather | 315,6 | .57 | -1.3 -.8 -2.0 | -2.1 -2.7 -9.2 | -.9 -1.4 -.6 -1.4 1.0 -.5 | -4.6 Paper | 322 | 2.54 | -.7 .3 -2.2 | .3 -2.9 -.3 | -2.4 1.5 -1.3 2.7 -2.1 -.9 | -2.5 Printing and support | 323 | 1.87 | .5 1.9 -1.3 | .3 -4.3 -7.3 | -1.2 1.2 -1.0 -.4 -2.9 -1.4 | -5.7 Petroleum and coal products | 324 | 5.24 | -3.7 2.2 -.5 | .2 8.0 .6 | -1.0 -1.0 1.1 .2 -.2 1.9 | 4.1 Chemical | 325 | 11.57 | -1.2 5.0 1.4 | .1 -3.0 -1.8 | -.9 -.4 -.2 .5 -.1 .3 | -.8 Plastics and rubber products | 326 | 3.04 | 2.6 -3.6 4.4 | 1.8 -8.2 -4.0 | -.2 -.8 -.7 .2 .5 .6 | -1.8 | | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | -.5 -4.5 -1.4 | -4.7 -3.4 -9.8 | -.1 -.2 -1.9 -.4 -.6 -1.3 | -6.4 | | | | | | Mining | 21 | 11.62 | -4.9 8.2 .2 | 5.4 3.5 2.4 | .4 .2 .0 .1 .9 .9 | 4.2 Utilities | 2211,2 | 9.68 | 2.0 -.7 3.1 | 2.2 8.0 -4.1 | 1.6 -3.5 1.6 -2.2 2.3 -1.9 | 2.5 Electric | 2211 | 7.98 | 3.5 -1.2 3.3 | 3.3 3.8 -4.6 | 1.0 -2.8 1.2 -2.7 2.9 -2.3 | 1.5 Natural gas | 2212 | 1.70 | -4.6 1.5 2.0 | -3.3 30.6 -2.0 | 4.5 -6.8 3.2 -.2 -.7 -.1 | 7.5 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> The proportion data are estimates of the relative contribution of each series to the growth of total industrial production in the following year. Note. Under industry groups, the figures to the right of the series descriptions are 2002 North American Industry Classification System (NAICS) codes. The abbreviation pt denotes part of a NAICS code. Additional industry detail is available on the Board's web site (www.federalreserve.gov/releases/G17). Under market groups, in the products category, miscellaneous consumer nondurables, oil and gas drilling, and manufactured homes are not shown separately; in the nondurable materials category, containers and miscellaneous nondurable materials are not shown separately. Table 2 Industrial Production: Special Aggregates and Selected Detail Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| July '07 | | 2007 | | 2007 2008 | 2008 | to Item | NAICS | Proportion| 2005 2006 2007 | Q4 Q1[r] Q2[r] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | July '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total industry | | 100.00 | 2.6 1.7 2.1 | .3 .4 -3.2 | -.3 -.2 -.6 -.2 .4 .2 | -.1 | | | | | | Energy | | 24.66 | -1.8 3.7 2.3 | 4.7 7.0 -1.0 | .6 -1.5 .8 -.8 .9 .2 | 4.1 Consumer products | | 6.38 | 1.7 -.2 1.9 | .2 14.9 -5.0 | 1.1 -3.6 1.4 -1.2 .9 .6 | 4.7 Commercial products | | 2.94 | .4 1.2 2.0 | 3.9 7.4 -2.0 | 1.5 -3.9 2.0 -1.5 2.1 -.9 | 3.2 Oil and gas well drilling | 213111 | .77 | 11.9 14.8 -.8 | -.9 1.2 20.1 | -1.1 2.1 1.9 1.7 1.5 -.4 | 5.7 Converted fuel | | 4.15 | -2.6 2.5 5.3 | 6.4 2.3 .1 | -.1 -1.6 1.4 -.6 .3 -1.2 | 4.1 Primary energy | | 10.42 | -4.6 6.4 1.6 | 7.3 4.7 .0 | .4 .3 -.3 -.5 .7 .7 | 3.8 | | | | | | Non-energy | | 75.34 | 3.9 1.1 2.1 | -1.0 -1.7 -4.0 | -.6 .2 -1.0 .0 .2 .2 | -1.5 Selected high-technology industries | | 4.31 | 22.4 17.3 22.3 | 29.5 17.6 16.9 | 2.2 2.5 1.5 -.2 .5 .3 | 17.4 Computers and peripheral equipment | 3341 | .98 | 28.8 18.0 16.7 | 19.9 25.0 8.4 | 2.2 .9 .2 .3 .7 .6 | 15.4 Communications equipment | 3342 | 1.28 | 13.7 20.6 20.6 | 30.4 6.4 15.7 | .2 1.9 2.5 -.2 .0 -.2 | 15.4 Semiconductors and related | | | | | | electronic components | 334412-9 | 2.04 | 24.0 15.4 25.9 | 33.7 21.8 21.9 | 3.3 3.7 1.6 -.5 .8 .4 | 19.7 | | | | | | Excluding selected high-technology | | | | | | industries | | 71.03 | 2.7 .0 .8 | -2.8 -2.9 -5.2 | -.7 .0 -1.2 .1 .2 .2 | -2.6 | | | | | | Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.2 | -13.1 -14.4 -28.9 | -1.0 -4.8 -6.6 .6 4.8 3.6 | -10.4 Motor vehicles | 3361 | 2.28 | -2.3 -7.0 -2.7 | -17.6 -16.7 -39.6 | -1.8 -6.4 -11.9 3.2 9.3 5.5 | -12.6 Motor vehicle parts | 3363 | 2.47 | -.6 -4.3 .5 | -8.0 -10.8 -17.6 | -.6 -3.6 -2.5 -.5 1.8 2.6 | -6.3 | | | | | | Excluding motor vehicles and parts | | 65.91 | 3.0 .6 1.1 | -1.9 -2.0 -3.3 | -.7 .4 -.8 .0 -.1 .0 | -2.0 Consumer goods | | 19.88 | 3.1 1.0 .3 | -3.0 -1.7 -1.4 | -.4 .3 -.4 .0 .0 -.2 | -1.9 Business equipment | | 7.33 | 7.3 5.8 2.8 | .0 2.6 -6.6 | -.5 .8 -2.2 .2 .0 .5 | -.3 Construction supplies | | 4.17 | 7.5 -3.7 -1.9 | -8.8 -7.6 -5.1 | -1.3 .0 -1.0 .4 -.2 .3 | -5.6 Business supplies | | 7.41 | 2.4 -1.6 -.1 | -1.5 -3.5 -5.3 | -.9 .7 -1.1 -.1 -.9 -.4 | -3.5 Materials | | 25.38 | .6 .7 1.8 | -.8 -2.5 -2.9 | -.9 .4 -.6 .0 .0 .1 | -1.7 | | | | | | Measures excluding selected high-technology | | | | | | industries | | | | | | Total industry | | 95.69 | 1.6 .9 1.2 | -1.0 -.4 -4.1 | -.4 -.4 -.7 -.2 .4 .2 | -1.0 Manufacturing<1> | | 74.39 | 2.5 .1 1.1 | -2.3 -2.1 -5.2 | -.8 -.1 -1.1 .1 .1 .4 | -2.2 Durable | | 34.37 | 4.7 -.5 1.5 | -3.2 -2.8 -8.6 | -.9 -.2 -1.9 -.1 .6 .7 | -3.1 | | | | | | Measures excluding motor vehicles and parts | | | | | | Total industry | | 94.88 | 2.8 2.1 2.4 | 1.1 1.2 -1.7 | -.2 .0 -.3 -.2 .2 .1 | .4 Manufacturing<1> | | 73.58 | 4.0 1.7 2.6 | .3 .0 -2.1 | -.6 .4 -.6 .0 -.2 .2 | -.4 Durable | | 33.56 | 8.1 2.8 4.8 | 2.6 1.7 -2.1 | -.4 .8 -.8 -.2 .0 .3 | .8 | | | | | | Measures excluding selected high-technology | | | | | | industries and motor vehicles and parts | | | | | | Total industry | | 90.57 | 1.7 1.4 1.4 | -.2 .4 -2.6 | -.4 -.1 -.4 -.2 .2 .1 | -.4 Manufacturing<1> | | 69.27 | 2.7 .6 1.3 | -1.4 -1.1 -3.3 | -.8 .3 -.7 .0 -.2 .2 | -1.6 | | | | | | Measures of non-energy materials | | | | | | inputs to | | | | | | Finished processors | | 11.68 | 5.6 2.8 5.1 | 4.0 .6 -1.2 | -.2 .5 -.6 .1 -.1 .5 | 1.0 Primary and semifinished processors | | 17.61 | .1 .3 2.4 | -1.1 -3.0 -3.5 | -.9 .2 -.6 -.2 .2 .2 | -1.8 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page. Table 3 Motor Vehicle Assemblies Millions of units, seasonally adjusted annual rate -------------------------------------------------------------------------------------------------------------------------------------------- | 2007 | 2007 2008 | 2008 Item |Average| Q3 Q4 Q1 Q2 | Feb. Mar. Apr. May June July -------------------------------------------------------------------------------------------------------------------------------------------- Total | 10.75 | 10.93 10.50 9.91 8.79 | 10.14 9.39 8.44 8.68 9.25 9.80 Autos | 3.92 | 3.93 3.97 3.93 3.62 | 3.86 3.98 3.51 3.62 3.74 4.68 Trucks | 6.83 | 7.01 6.53 5.98 5.17 | 6.28 5.41 4.94 5.07 5.50 5.12 Light | 6.55 | 6.75 6.29 5.74 4.92 | 6.05 5.15 4.67 4.80 5.29 4.88 Medium and heavy | .28 | .25 .24 .24 .25 | .23 .26 .27 .26 .21 .24 | | | Memo: | | | Autos and light trucks | 10.47 | 10.68 10.26 9.67 8.54 | 9.90 9.13 8.17 8.42 9.04 9.56 -------------------------------------------------------------------------------------------------------------------------------------------- Note. Seasonal factors and underlying data for auto, light truck, and medium and heavy truck production are available on the Board's web site, www.federalreserve.gov/releases/G17/mvsf.htm Table 4 Industrial Production Indexes: Market and Industry Group Summary 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Nov. Dec. Jan. Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total IP | | 100.00 | 112.3 112.4 112.6 112.3 112.0 111.3 111.1 111.6 111.8 | | | MARKET GROUP | | | Final products and nonindustrial supplies | | 56.13 | 111.8 111.9 112.3 112.0 111.3 110.5 110.4 110.9 111.2 Consumer goods | | 29.33 | 107.4 107.4 108.0 107.9 106.7 106.0 105.8 106.7 107.0 Durable | | 6.68 | 102.9 102.7 101.1 100.0 97.8 94.2 94.7 97.2 98.2 Automotive products | | 3.23 | 101.1 101.6 99.6 98.5 93.8 86.5 87.5 93.0 95.3 Home electronics | | .31 | 167.6 170.1 167.7 168.1 168.8 175.4 179.1 176.1 175.1 Appliances, furniture, carpeting | | 1.08 | 92.9 91.7 89.1 87.3 87.3 87.1 86.5 85.6 84.7 Miscellaneous goods | | 2.06 | 103.2 102.3 101.9 100.9 101.3 100.8 100.9 101.0 101.0 Nondurable | | 22.65 | 108.8 108.8 110.1 110.4 109.5 109.6 109.2 109.6 109.7 Non-energy | | 16.27 | 108.8 109.2 109.3 109.1 109.5 109.1 109.1 109.2 109.1 Foods and tobacco | | 8.99 | 109.5 109.6 109.3 109.2 110.2 109.8 109.9 109.7 109.3 Clothing | | .54 | 76.2 78.0 77.2 76.5 75.3 74.8 73.7 74.5 73.9 Chemical products | | 4.71 | 118.0 118.5 119.1 119.0 118.0 118.5 118.3 119.2 119.8 Paper products | | 1.56 | 95.2 95.9 96.5 96.6 97.2 95.1 95.6 95.6 94.3 Energy | | 6.38 | 109.0 108.1 112.6 113.8 109.7 111.2 109.9 110.8 111.5 | | | Business equipment | | 9.38 | 130.2 131.2 131.4 131.1 132.0 129.5 129.8 130.1 131.1 Transit | | 1.71 | 123.2 123.9 122.5 121.1 120.2 117.4 118.3 120.4 123.8 Information processing | | 2.72 | 162.7 164.8 165.2 167.5 169.3 170.3 170.7 171.6 171.3 Industrial and other | | 4.95 | 116.2 116.7 117.4 116.5 117.5 113.8 113.9 113.4 114.1 Defense and space equipment | | 1.73 | 120.2 119.9 120.9 119.6 119.5 119.4 118.8 119.7 120.4 | | | Construction supplies | | 4.21 | 104.5 104.2 103.6 102.3 102.3 101.3 101.7 101.5 101.7 Business supplies | | 10.64 | 109.2 108.9 109.3 109.2 108.5 108.3 107.8 107.8 107.2 | | | Materials | | 43.87 | 113.0 113.1 113.0 112.6 112.8 112.4 112.1 112.5 112.7 Non-energy | | 29.30 | 117.2 116.9 116.7 116.0 116.4 115.7 115.6 115.6 116.0 Durable | | 17.55 | 126.4 125.8 126.0 126.0 126.4 125.6 125.0 125.5 126.2 Consumer parts | | 2.92 | 92.9 90.7 90.1 89.1 87.6 86.0 85.7 87.1 88.9 Equipment parts | | 6.02 | 176.5 176.7 178.3 179.9 182.7 182.7 181.9 182.6 183.4 Other | | 8.62 | 110.4 110.0 109.8 109.6 109.6 108.9 108.1 108.2 108.4 Nondurable | | 11.75 | 103.5 103.7 103.1 101.4 101.8 101.1 101.7 101.3 101.1 Textile | | .52 | 73.1 72.6 71.0 71.0 69.6 68.9 69.2 68.1 66.9 Paper | | 2.23 | 97.7 99.3 97.8 95.9 96.6 95.8 97.8 94.8 93.9 Chemical | | 5.78 | 112.5 112.3 111.9 109.9 109.7 109.3 110.0 110.1 110.4 Energy | | 14.58 | 103.3 104.1 104.2 104.5 104.3 104.5 103.9 104.6 104.8 | | | | | | INDUSTRY GROUP | | | Manufacturing | | 78.70 | 113.8 113.8 113.8 113.1 113.2 112.2 112.3 112.4 112.8 Manufacturing (NAICS) | 31-33 | 75.02 | 115.1 115.1 115.2 114.5 114.6 113.6 113.7 113.8 114.3 | | | Durable manufacturing | | 38.51 | 122.9 122.8 122.9 122.2 122.4 120.5 120.4 121.1 121.9 Wood products | 321 | 1.19 | 94.2 94.3 92.3 91.0 91.4 90.1 89.8 89.7 88.5 Nonmetallic mineral products | 327 | 2.25 | 109.7 105.9 106.1 104.9 106.4 104.8 105.0 103.9 104.7 Primary metal | 331 | 2.70 | 111.0 112.9 115.2 114.1 112.8 111.2 109.1 110.2 111.0 Fabricated metal products | 332 | 5.58 | 113.7 113.1 113.4 113.5 113.6 112.8 111.9 110.9 110.5 Machinery | 333 | 4.89 | 115.4 114.6 115.2 114.1 115.9 112.2 112.2 112.1 112.9 Computer and electronic products | 334 | 6.85 | 196.2 198.1 198.5 202.2 205.7 207.9 208.2 209.1 209.2 Electrical equip., appliances, | | | and components | 335 | 1.93 | 105.0 106.1 106.1 104.4 106.0 105.7 106.6 106.7 106.8 Motor vehicles and parts | 3361-3 | 5.12 | 95.8 95.5 93.9 93.0 88.6 82.7 83.2 87.2 90.3 Aerospace and miscellaneous | | | transportation equipment | 3364-9 | 3.50 | 126.9 126.4 127.4 125.2 124.8 124.1 123.8 125.4 126.7 Furniture and related products | 337 | 1.43 | 101.4 100.1 98.1 96.4 95.9 94.9 94.4 94.0 93.2 Miscellaneous | 339 | 3.09 | 116.0 117.2 117.8 115.3 117.1 116.3 116.6 116.4 116.9 | | | Nondurable manufacturing | | 36.50 | 106.6 106.8 106.8 106.0 106.2 105.9 106.2 105.8 106.1 Food, beverage, and tobacco products | 311,2 | 10.74 | 110.0 110.1 110.0 109.7 111.0 110.6 110.3 110.2 110.1 Textile and product mills | 313,4 | .93 | 77.1 77.2 75.3 75.2 74.7 73.7 73.7 73.0 71.7 Apparel and leather | 315,6 | .57 | 76.8 78.7 77.8 77.1 76.0 75.6 74.5 75.3 74.9 Paper | 322 | 2.54 | 95.4 97.3 96.0 93.7 95.1 93.8 96.4 94.3 93.5 Printing and support | 323 | 1.87 | 99.4 99.0 98.4 97.3 98.4 97.4 97.0 94.2 92.9 Petroleum and coal products | 324 | 5.24 | 108.1 108.5 111.7 110.6 109.5 110.6 110.9 110.7 112.8 Chemical | 325 | 11.57 | 114.7 114.6 114.6 113.6 113.1 112.9 113.5 113.3 113.7 Plastics and rubber products | 326 | 3.04 | 105.4 104.5 103.0 102.8 102.0 101.3 101.5 102.0 102.6 | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | 91.7 91.9 91.3 91.2 91.0 89.3 88.9 88.4 87.3 | | | Mining | 21 | 11.62 | 102.9 103.9 103.2 103.6 103.9 103.9 103.9 104.8 105.8 Utilities | 2211,2 | 9.68 | 109.1 108.2 110.8 112.6 108.7 110.4 107.9 110.3 108.3 Electric | 2211 | 7.98 | 111.1 109.7 112.4 113.5 110.4 111.7 108.7 111.9 109.4 Natural gas | 2212 | 1.70 | 99.4 101.2 103.2 107.9 100.6 103.7 103.5 102.8 102.7 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 1. Table 5 Industrial Production Indexes: Special Aggregates 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Nov. Dec. Jan. Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total industry | | 100.00 | 112.3 112.4 112.6 112.3 112.0 111.3 111.1 111.6 111.8 | | | Energy | | 24.66 | 107.1 107.3 108.8 109.4 107.8 108.6 107.8 108.7 108.9 Consumer products | | 6.38 | 109.0 108.1 112.6 113.8 109.7 111.2 109.9 110.8 111.5 Commercial products | | 2.94 | 115.7 113.9 117.2 119.0 114.3 116.6 114.8 117.3 116.3 Oil and gas well drilling | 213111 | .77 | 169.1 174.1 169.3 167.5 171.0 174.3 177.3 179.9 179.2 Converted fuel | | 4.15 | 108.0 108.8 110.2 110.0 108.3 109.8 109.2 109.6 108.3 Primary energy | | 10.42 | 101.2 101.9 101.6 102.0 102.4 102.1 101.5 102.3 103.1 | | | Non-energy | | 75.34 | 113.6 113.7 113.4 112.8 113.0 111.8 111.8 112.1 112.4 Selected high-technology industries | | 4.31 | 247.5 250.6 251.6 257.0 263.4 267.5 266.9 268.3 269.0 Computers and peripheral equipment | 3341 | .98 | 198.1 201.4 205.7 210.3 212.1 212.6 213.4 214.8 216.2 Communications equipment | 3342 | 1.28 | 188.6 192.4 190.5 190.9 194.6 199.4 199.0 199.0 198.7 Semiconductors and related | | | electronic components | 334412-9 | 2.04 | 312.6 314.5 315.8 326.4 338.3 343.6 342.0 344.6 346.0 | | | Excluding selected high-technology | | | industries | | 71.03 | 107.4 107.4 107.1 106.3 106.3 105.0 105.1 105.3 105.5 | | | Motor vehicles and parts | 3361-3 | 5.12 | 95.8 95.5 93.9 93.0 88.6 82.7 83.2 87.2 90.3 Motor vehicles | 3361 | 2.28 | 96.1 96.4 94.5 92.8 86.8 76.5 78.9 86.3 91.0 Motor vehicle parts | 3363 | 2.47 | 94.8 93.5 93.0 92.5 89.2 87.0 86.6 88.1 90.4 | | | Excluding motor vehicles and parts | | 65.91 | 108.4 108.4 108.2 107.4 107.8 106.9 107.0 106.9 106.9 Consumer goods | | 19.88 | 107.4 107.6 107.3 106.9 107.2 106.8 106.8 106.8 106.6 Business equipment | | 7.33 | 120.0 120.5 121.0 120.4 121.3 118.7 119.0 119.0 119.6 Construction supplies | | 4.17 | 103.8 103.4 102.9 101.5 101.5 100.4 100.8 100.6 100.9 Business supplies | | 7.41 | 102.4 102.5 101.9 100.9 101.6 100.5 100.4 99.5 99.1 Materials | | 25.38 | 108.3 108.1 107.9 106.9 107.3 106.6 106.6 106.5 106.6 | | | Measures excluding selected high-technology | | | industries | | | Total industry | | 95.69 | 107.4 107.4 107.6 107.2 106.7 106.0 105.8 106.3 106.5 Manufacturing<1> | | 74.39 | 107.7 107.6 107.6 106.8 106.7 105.6 105.6 105.7 106.1 Durable | | 34.37 | 110.7 110.5 110.5 109.5 109.3 107.2 107.0 107.7 108.4 | | | Measures excluding motor vehicles and parts | | | Total industry | | 94.88 | 113.4 113.5 113.8 113.5 113.5 113.2 112.9 113.2 113.2 Manufacturing<1> | | 73.58 | 115.3 115.4 115.5 114.8 115.3 114.7 114.7 114.5 114.7 Durable | | 33.56 | 128.0 128.0 128.4 127.8 128.9 127.9 127.6 127.6 127.9 | | | Measures excluding selected high-technology | | | industries and motor vehicles and parts | | | Total industry | | 90.57 | 108.1 108.2 108.4 108.0 107.9 107.5 107.3 107.5 107.5 Manufacturing<1> | | 69.27 | 108.7 108.7 108.8 107.9 108.2 107.5 107.5 107.3 107.4 | | | Measures of non-energy materials | | | inputs to | | | Finished processors | | 11.68 | 128.3 128.0 127.9 127.7 128.3 127.6 127.7 127.5 128.1 Primary and semifinished processors | | 17.61 | 109.2 109.0 108.7 107.7 108.0 107.3 107.0 107.3 107.4 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 2. <1> See note on cover page. Table 6 Diffusion Indexes of Industrial Production Percent ------------------------------------------------------------------------------------------------------- Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. ------------------------------------------------------------------------------------------------------- One Month Earlier 2006 60.9 43.3 52.6 57.4 49.0 52.9 56.1 48.4 44.6 42.0 42.3 59.0 2007 42.9 56.4 58.3 62.2 49.7 57.4 55.6 45.5 53.8 44.6 57.1 50.0 2008 48.1 45.5 52.2 41.3 53.4 53.4 Three Months Earlier 2006 58.3 50.6 56.4 51.9 55.1 51.3 52.6 52.6 49.4 41.7 37.5 45.2 2007 46.2 52.9 51.0 62.5 59.6 61.9 59.6 56.7 55.8 43.6 52.9 51.9 2008 48.4 42.6 46.5 41.0 48.1 48.1 Six Months Earlier 2006 56.4 54.2 58.0 57.7 52.9 52.2 49.0 53.8 49.0 44.2 44.9 47.1 2007 38.8 43.6 45.5 57.4 58.7 56.4 65.4 57.7 61.2 51.6 53.5 54.8 2008 46.5 43.9 46.8 43.9 44.6 48.1 ------------------------------------------------------------------------------------------------------- Note: The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six months) plus one-half the percentage that were unchanged. Table 7 Capacity Utilization Percent of capacity, seasonally adjusted -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 1972- 1994- 2001-| | | | 2007 | 2007 95 02| 2007 2008 | 2008 Item | NAICS | proportion| ave. high low| Q4 Q1[r] Q2[r] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | | 100.00 | 81.0 85.1 73.6 | 81.0 80.6 79.7 | 80.3 80.5 79.8 79.6 79.8 79.9 | | | | | Manufacturing<1> | | 80.83 | 79.7 84.6 71.5 | 79.3 78.7 77.6 | 78.4 78.5 77.6 77.5 77.5 77.7 Manufacturing (NAICS) | 31-33 | 77.04 | 79.5 84.7 71.0 | 79.3 78.7 77.6 | 78.4 78.6 77.6 77.6 77.6 77.8 | | | | | Durable manufacturing | | 41.25 | 78.0 84.2 68.1 | 77.8 77.0 75.4 | 76.8 76.8 75.4 75.2 75.4 75.8 Wood products | 321 | 1.36 | 79.9 87.9 70.7 | 70.1 67.7 66.5 | 67.6 67.3 66.6 66.5 66.4 65.6 Nonmetallic mineral products | 327 | 2.35 | 79.4 84.0 74.9 | 78.2 75.9 74.9 | 74.9 76.3 75.2 75.2 74.3 74.8 Primary metal | 331 | 2.64 | 80.9 95.8 68.5 | 83.9 85.7 82.5 | 85.6 84.7 83.3 81.7 82.4 83.0 Fabricated metal products | 332 | 5.64 | 77.5 85.5 69.5 | 81.3 81.1 79.9 | 81.0 81.0 80.6 80.0 79.2 78.9 Machinery | 333 | 5.15 | 78.7 87.6 63.7 | 77.3 76.5 74.3 | 76.0 76.9 74.4 74.3 74.2 74.6 Computer and electronic products | 334 | 7.82 | 78.3 83.7 58.2 | 77.4 77.6 78.0 | 77.4 78.5 78.5 77.9 77.6 77.0 Electrical equip., appliances, | | | | | and components | 335 | 1.87 | 83.2 93.1 72.0 | 83.4 83.4 83.4 | 82.5 83.8 83.1 83.6 83.5 83.5 Motor vehicles and parts | 3361-3 | 5.82 | 77.4 89.0 69.7 | 72.4 69.8 64.0 | 70.7 67.2 62.8 63.1 66.1 68.5 Aerospace and miscellaneous | | | | | transportation equipment | 3364-9 | 3.69 | 72.7 68.8 62.8 | 80.4 80.2 78.6 | 79.8 79.8 78.5 78.2 79.1 79.8 Furniture and related products | 337 | 1.53 | 78.6 83.2 68.2 | 76.6 73.6 71.9 | 73.3 72.9 72.2 71.9 71.6 71.0 Miscellaneous | 339 | 3.38 | 76.6 81.2 70.5 | 74.7 74.3 73.8 | 73.3 74.6 73.8 73.9 73.6 73.9 | | | | | Nondurable manufacturing | | 35.78 | 81.6 85.4 74.8 | 81.0 80.6 80.1 | 80.3 80.5 80.1 80.3 80.0 80.2 Food, beverage, and tobacco products | 311,2 | 10.68 | 81.5 84.0 75.7 | 81.1 80.9 80.8 | 80.1 81.7 81.1 80.8 80.7 80.5 Textile and product mills | 313,4 | 1.08 | 82.0 91.8 68.9 | 68.9 67.5 66.4 | 67.4 67.5 66.4 66.7 66.2 65.1 Apparel and leather | 315,6 | .66 | 78.4 87.5 60.2 | 73.0 73.1 71.9 | 73.3 72.2 72.1 71.3 72.3 72.1 Paper | 322 | 2.50 | 87.6 92.4 78.5 | 82.6 82.1 82.1 | 81.1 82.3 81.2 83.5 81.7 81.1 Printing and support | 323 | 2.00 | 83.5 86.5 72.6 | 76.4 75.4 73.7 | 74.7 75.7 74.7 74.3 72.1 71.0 Petroleum and coal products | 324 | 4.21 | 85.9 90.5 83.8 | 88.9 90.5 90.7 | 90.6 89.6 90.6 90.9 90.7 92.5 Chemical | 325 | 11.69 | 78.3 81.2 69.4 | 78.9 78.2 77.4 | 78.1 77.8 77.3 77.6 77.4 77.6 Plastics and rubber products | 326 | 2.98 | 83.6 91.8 74.6 | 84.6 82.4 81.2 | 82.8 81.6 81.0 81.1 81.4 81.7 | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.79 | 84.5 83.0 80.3 | 79.2 78.2 76.3 | 77.8 78.1 76.7 76.4 75.9 74.9 | | | | | Mining | 21 | 9.90 | 87.5 88.7 84.8 | 90.2 90.4 90.9 | 90.5 90.5 90.6 90.6 91.4 92.1 Utilities | 2211,2 | 9.27 | 86.8 93.9 84.6 | 85.9 86.7 85.7 | 85.8 86.7 86.5 84.4 86.2 84.4 | | | | | Selected high-technology industries | | 4.93 | 78.1 85.6 55.9 | 79.9 79.6 79.9 | 79.2 80.9 80.9 79.7 79.1 78.3 Computers and peripheral equipment | 3341 | 1.13 | 77.9 86.3 66.8 | 78.3 79.6 79.6 | 80.0 80.0 80.0 79.5 79.4 79.3 Communications equipment | 3342 | 1.45 | 75.7 82.8 40.4 | 80.1 80.7 81.0 | 80.9 80.7 81.8 81.0 80.3 79.5 Semiconductors and related | | | | | electronic components | 334412-9 | 2.35 | 80.8 92.2 57.4 | 80.5 79.1 79.5 | 78.0 81.6 81.0 79.2 78.5 77.5 | | | | | Measures excluding selected high-technology | | | | | industries | | | | | Total industry | | 95.07 | 81.2 85.0 74.8 | 81.0 80.7 79.7 | 80.4 80.5 79.8 79.6 79.8 79.9 Manufacturing<1> | | 75.90 | 79.8 84.5 72.8 | 79.2 78.6 77.4 | 78.4 78.4 77.4 77.4 77.4 77.7 | | | | | Stage-of-process groups | | | | | Crude | | 13.93 | 86.6 89.5 81.9 | 89.3 89.5 89.4 | 89.4 89.6 89.1 89.7 89.4 90.1 Primary and semifinished | | 47.15 | 82.2 88.2 74.6 | 81.3 80.8 79.8 | 80.3 80.6 80.2 79.6 79.8 79.5 Finished | | 38.92 | 77.7 80.4 69.9 | 77.6 77.2 75.9 | 77.0 77.1 75.9 75.7 76.1 76.4 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page Note. See notes to table 2. Table 8 Industrial Capacity Percent change ----------------------------------------------------------------------------------------------------------------------------------------------------- | Average annual rate | Fourth quarter to fourth quarter | Annual rate | Monthly rate |----------------------------|------------------------------------|----------------------------|-------------- | 1972- 1980- 1989- 1995-| | 2007 2008 | 2008 Item | 79 88 94 2008 | 2005 2006 2007 2008 | Q4 Q1 Q2 Q3 | July ----------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | 3.0 2.0 2.2 3.0 | .8 1.3 1.8 1.5 | 1.9 1.8 1.6 1.4 | .1 | | | | Manufacturing<1> | 3.2 2.2 2.5 3.4 | 1.4 1.4 2.0 1.7 | 2.2 2.0 1.8 1.6 | .1 | | | | Mining | .8 .0 -.8 -.4 | -1.1 1.4 1.7 .7 | 1.3 .9 .7 .6 | .0 Utilities | 4.2 2.3 1.5 2.2 | .7 .8 1.2 2.2 | 2.1 2.3 2.4 2.2 | .2 | | | | | | | | Selected high-technology industries | 19.7 17.4 15.6 24.7 | 13.1 10.3 21.4 17.6 | 23.0 20.8 18.0 16.1 | 1.2 Manufacturing<1> ex. selected | | | | high-technology industries | 2.6 1.3 1.6 1.5 | .7 .8 .8 .8 | .9 .9 .8 .8 | .1 | | | | Stage-of-process groups | | | | Crude | 1.7 .3 -.4 .0 | -.8 .9 1.4 .5 | 1.0 .7 .5 .4 | .0 Primary and semifinished | 3.0 1.4 2.4 3.5 | .8 1.2 2.1 1.9 | 2.4 2.3 2.0 1.7 | .1 Finished | 3.8 3.4 2.6 3.2 | 2.3 1.8 1.7 1.8 | 1.9 1.9 1.8 1.8 | .1 ----------------------------------------------------------------------------------------------------------------------------------------------------- <1> Refer to note on cover page. Table 9 Gross Value of Final Products and Nonindustrial Supplies Billions of 2000 dollars at annual rate, seasonally adjusted ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 2007 2008 | 2008 Item | 2000 | 2007 | Q4 Q1[r] Q2[r] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | Final products and nonindustrial | | | | supplies | 2,813.4 | 3,034.7 | 3,039.0 3,046.2 3,002.9 | 3,051.2 3,025.4 2,998.4 2,996.0 3,014.3 3,033.7 | | | | Final products | 2,114.3 | 2,311.5 | 2,316.7 2,325.8 2,288.4 | 2,330.6 2,309.1 2,283.0 2,282.3 2,299.9 2,320.8 | | | | Consumer goods | 1,476.4 | 1,606.3 | 1,605.4 1,610.6 1,582.2 | 1,616.8 1,593.6 1,578.3 1,576.6 1,591.5 1,605.0 Durable | 471.7 | 495.0 | 492.2 476.3 449.8 | 478.9 465.2 441.6 445.7 462.3 470.4 Automotive products | 278.6 | 299.3 | 298.8 287.9 261.7 | 291.6 277.1 253.4 257.1 274.6 283.4 Other durable goods | 193.0 | 195.8 | 193.5 188.4 188.0 | 187.4 188.1 188.1 188.4 187.6 187.0 Nondurable | 1,004.8 | 1,105.3 | 1,106.5 1,122.6 1,115.5 | 1,126.4 1,115.0 1,117.7 1,113.3 1,115.4 1,122.1 | | | | Equipment, total | 637.9 | 715.4 | 722.8 727.1 718.8 | 724.7 729.4 717.2 718.8 720.4 728.3 Business and defense | 621.5 | 698.4 | 706.8 710.8 700.7 | 708.5 712.8 699.3 700.6 702.2 710.5 Business | 561.2 | 622.5 | 629.0 632.9 622.9 | 631.0 635.4 621.4 623.3 624.1 632.1 Defense and space | 60.3 | 77.1 | 78.8 78.9 78.5 | 78.6 78.7 78.6 78.2 78.8 79.3 | | | | Nonindustrial supplies | 699.1 | 724.5 | 723.8 722.2 715.9 | 722.4 717.9 716.7 715.0 716.0 715.0 Construction supplies | 196.8 | 200.3 | 197.9 194.6 191.8 | 193.6 193.4 191.2 192.3 191.8 192.4 Business supplies | 502.3 | 524.2 | 525.9 527.5 524.1 | 528.7 524.4 525.5 522.7 524.1 522.5 Commercial energy products | 135.7 | 155.1 | 155.6 158.6 158.3 | 161.0 155.3 158.5 156.7 159.8 159.0 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups Percent change, seasonally adjusted ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Fourth quarter to | | | | | fourth quarter | Annual rate | Monthly rate | | |------------------------------|------------------------------|------------------------------------------------------------| July '07 | 2007 | | 2007 2008 | 2008 | to Item | gross value<1>| 2005 2006 2007 | Q4 Q1[r] Q2[r] | Feb.[r] Mar.[r] Apr.[r] May[r] June[r] July[p] | July '08 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | Finished | 1996.8 | 5.3 2.3 1.4 | -1.9 -1.5 -6.7 | -.4 -.2 -1.9 .2 .8 .8 | -1.6 Semifinished | 1719.2 | 4.8 -1.6 2.4 | -1.1 -1.7 -3.5 | -.2 -.7 -.3 -.6 .9 -.1 | -1.2 Primary | 985.6 | -.7 -.6 2.0 | -.5 4.2 -3.4 | -.8 -.7 .3 -.8 .0 .5 | .8 Crude | 426.2 | -7.9 7.6 2.3 | 4.8 .4 -.3 | -.1 .2 -.6 .9 -.5 .7 | 1.9 | | | | | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> Billions of 2000 dollars. Table 11 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.7 -.6 .1 .1 -.3 .6 -.2 .2 .5 .5 .9 | 2.3 -2.4 1.7 4.6 | 1.0 1987 | -.3 1.3 .2 .6 .7 .5 .6 .7 .3 1.5 .5 .5 | 5.4 7.2 7.3 10.2 | 5.2 1988 | .0 .4 .3 .6 -.1 .2 .2 .5 -.3 .6 .2 .4 | 3.5 3.5 2.1 3.2 | 5.2 1989 | .2 -.5 .2 .0 -.7 .0 -.9 .9 -.3 -.1 .3 .7 | 1.5 -1.8 -2.5 1.8 | .9 | | | 1990 | -.5 .9 .5 -.1 .2 .3 -.1 .2 .2 -.7 -1.2 -.7 | 3.2 2.8 1.4 -6.0 | 1.0 1991 | -.5 -.7 -.5 .2 1.0 1.0 .0 .1 .8 -.2 -.2 -.3 | -7.5 2.6 5.5 .7 | -1.6 1992 | -.6 .7 .8 .7 .4 .0 .8 -.5 .2 .7 .4 .0 | -.3 7.3 2.9 3.9 | 2.8 1993 | .5 .3 .0 .3 -.4 .2 .3 .0 .4 .7 .4 .5 | 3.5 1.2 2.1 6.0 | 3.3 1994 | .4 .0 1.1 .5 .6 .7 .2 .5 .2 .8 .7 1.1 | 5.2 7.4 5.2 8.2 | 5.3 | | | 1995 | .3 .0 .1 -.1 .2 .3 -.4 1.3 .4 -.2 .3 .5 | 5.3 .9 3.8 3.3 | 4.8 1996 | -.6 1.7 -.2 .7 .6 .9 -.1 .6 .5 .0 .9 .7 | 3.5 7.7 5.1 5.6 | 4.4 1997 | .1 1.2 .8 .0 .6 .5 .6 1.4 .9 .7 .9 .4 | 8.0 6.3 9.7 10.7 | 7.3 1998 | .4 .0 .0 .5 .6 -.5 -.4 2.1 -.3 .7 -.1 .3 | 4.1 3.1 2.9 5.2 | 5.9 1999 | .5 .4 .2 .2 .7 -.2 .6 .5 -.4 1.3 .6 .8 | 4.3 3.8 4.0 8.0 | 4.3 | | | 2000 | .1 .4 .4 .6 .2 .1 -.2 -.2 .4 -.4 .0 -.3 | 4.9 5.0 -.3 -1.3 | 4.2 2001 | -.7 -.6 -.3 -.3 -.7 -.6 -.5 -.4 -.4 -.6 -.5 .0 | -5.5 -5.2 -5.9 -5.2 | -3.4 2002 | .5 .1 .7 .4 .5 1.0 -.3 .1 .0 -.3 .4 -.5 | 2.3 6.3 2.3 -.5 | -.1 2003 | .6 .4 -.2 -.8 .0 .2 .4 -.1 .5 .1 .8 -.1 | 2.7 -2.9 2.8 3.7 | 1.2 2004 | .3 .5 -.5 .5 .7 -.8 .7 .3 -.1 1.0 .3 .6 | 2.6 2.0 2.0 5.8 | 2.5 | | | 2005 | .5 .6 .0 -.1 .3 .4 .0 .2 -1.8 1.2 1.1 .5 | 5.4 1.9 -.4 3.7 | 3.3 2006 | .1 -.1 .2 .4 -.1 .5 .3 .1 -.4 -.1 -.2 .6 | 3.2 2.6 1.9 -.9 | 2.2 2007 | -.4 .7 -.1 .5 .0 .3 .6 .0 .3 -.4 .4 .1 | 1.5 3.2 3.6 .3 | 1.7 2008 | .2 -.3 -.2 -.6 -.2 .4 .2 | .4 -3.2 | | | | IP | | | (2002=100) | | | 2006 | 108.8 108.7 109.0 109.4 109.3 109.9 110.1 110.2 109.8 109.7 109.5 110.2 | 108.9 109.5 110.1 109.8 | 109.6 2007 | 109.8 110.5 110.4 111.0 111.0 111.4 112.0 112.0 112.3 111.8 112.3 112.4 | 110.2 111.1 112.1 112.2 | 111.4 2008 | 112.6 112.3 112.0 111.3 111.1 111.6 111.8 | 112.3 111.4 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 134.6 134.7 134.9 135.0 135.2 135.3 135.4 135.6 135.7 135.9 136.0 136.2 | 134.7 135.2 135.6 136.1 | 135.4 2007 | 136.4 136.6 136.8 137.0 137.2 137.4 137.6 137.9 138.1 138.3 138.5 138.7 | 136.6 137.2 137.9 138.5 | 137.5 2008 | 139.0 139.1 139.3 139.5 139.7 139.9 140.0 | 139.1 139.7 | | | | Utilization | | | (percent) | | | 1986 | 79.7 79.0 78.4 78.4 78.4 78.1 78.5 78.3 78.3 78.6 78.8 79.4 | 79.0 78.3 78.4 78.9 | 78.7 1987 | 79.0 79.9 79.9 80.2 80.6 80.8 81.2 81.6 81.7 82.8 83.1 83.4 | 79.6 80.5 81.5 83.1 | 81.2 1988 | 83.3 83.5 83.7 84.1 83.9 84.1 84.2 84.5 84.2 84.6 84.6 84.9 | 83.5 84.0 84.3 84.7 | 84.1 1989 | 85.0 84.5 84.6 84.4 83.7 83.6 82.6 83.2 82.8 82.6 82.6 83.1 | 84.7 83.9 82.9 82.8 | 83.6 | | | 1990 | 82.5 83.0 83.2 82.9 82.9 83.0 82.7 82.8 82.8 82.1 80.9 80.3 | 82.9 83.0 82.8 81.1 | 82.4 1991 | 79.8 79.1 78.6 78.6 79.3 80.0 79.9 79.9 80.5 80.2 80.0 79.6 | 79.2 79.3 80.1 79.9 | 79.6 1992 | 79.0 79.5 80.0 80.4 80.5 80.4 80.9 80.3 80.4 80.8 80.9 80.8 | 79.5 80.5 80.5 80.9 | 80.3 1993 | 81.1 81.2 81.1 81.3 80.9 81.1 81.2 81.1 81.4 81.8 82.0 82.3 | 81.2 81.1 81.2 82.1 | 81.4 1994 | 82.5 82.3 83.0 83.2 83.4 83.7 83.7 83.8 83.7 84.2 84.4 85.1 | 82.6 83.4 83.7 84.5 | 83.6 | | | 1995 | 85.0 84.7 84.5 84.1 84.0 83.9 83.3 84.1 84.1 83.6 83.5 83.5 | 84.7 84.0 83.8 83.5 | 84.0 1996 | 82.6 83.6 83.1 83.3 83.4 83.7 83.2 83.4 83.4 83.0 83.4 83.5 | 83.1 83.5 83.3 83.3 | 83.3 1997 | 83.2 83.8 84.0 83.6 83.7 83.6 83.6 84.2 84.5 84.6 84.8 84.6 | 83.7 83.6 84.1 84.7 | 84.0 1998 | 84.4 83.9 83.4 83.3 83.3 82.4 81.6 82.9 82.3 82.5 82.0 82.0 | 83.9 83.0 82.3 82.2 | 82.8 1999 | 82.0 82.0 81.8 81.7 82.0 81.6 81.8 81.9 81.3 82.0 82.2 82.6 | 82.0 81.8 81.6 82.3 | 81.9 | | | 2000 | 82.4 82.4 82.4 82.6 82.5 82.4 81.9 81.5 81.6 81.0 80.7 80.2 | 82.4 82.5 81.6 80.6 | 81.8 2001 | 79.4 78.7 78.2 77.8 77.1 76.4 75.9 75.4 74.9 74.3 73.8 73.6 | 78.8 77.1 75.4 73.9 | 76.3 2002 | 73.8 73.8 74.2 74.4 74.7 75.4 75.1 75.2 75.2 75.0 75.4 75.1 | 73.9 74.8 75.2 75.2 | 74.8 2003 | 75.6 75.9 75.9 75.3 75.4 75.6 75.9 75.9 76.3 76.4 77.0 77.0 | 75.8 75.4 76.1 76.8 | 76.0 2004 | 77.2 77.6 77.1 77.5 78.0 77.4 77.9 78.1 78.0 78.7 79.0 79.4 | 77.3 77.6 78.0 79.1 | 78.0 | | | 2005 | 79.8 80.2 80.1 80.0 80.2 80.5 80.4 80.5 79.0 79.8 80.6 80.9 | 80.0 80.3 80.0 80.4 | 80.2 2006 | 80.9 80.7 80.8 81.1 80.9 81.2 81.3 81.3 80.9 80.8 80.5 80.9 | 80.8 81.0 81.2 80.7 | 80.9 2007 | 80.5 80.9 80.7 81.0 80.9 81.0 81.4 81.2 81.3 80.8 81.1 81.0 | 80.7 81.0 81.3 81.0 | 81.0 2008 | 81.0 80.3 80.5 79.8 79.6 79.8 79.9 | 80.6 79.7 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 12 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.1 -.6 -.3 .4 .1 -.3 .6 .2 .2 .4 .5 .9 | 4.4 -.1 2.6 5.0 | 2.2 1987 | -.3 1.4 .1 .5 .8 .4 .7 .5 .6 1.6 .6 .6 | 6.0 6.9 7.1 11.7 | 5.7 1988 | -.2 .2 .3 .9 -.1 .1 .1 .1 .3 .6 .3 .4 | 2.5 4.5 1.4 4.9 | 5.4 1989 | .7 -1.0 -.1 .1 -.8 .1 -1.1 .9 -.2 -.2 .2 .2 | 1.7 -3.2 -3.0 .6 | .8 | | | 1990 | -.1 1.4 .4 -.3 .1 .2 -.2 .3 .0 -.8 -1.1 -.7 | 4.7 2.6 .7 -6.6 | .8 1991 | -.8 -.6 -.7 .3 .7 1.1 .2 .3 1.0 -.2 -.3 -.1 | -8.8 2.1 7.1 1.4 | -2.0 1992 | -.6 .9 1.0 .6 .6 .3 .8 -.5 .1 .6 .4 -.2 | .7 8.3 3.9 2.7 | 3.6 1993 | 1.0 .2 -.1 .6 -.1 -.1 .3 -.1 .6 .8 .4 .5 | 4.3 1.8 1.3 6.7 | 3.5 1994 | .2 .1 1.3 .8 .7 .3 .5 .7 .3 1.0 .8 1.2 | 5.0 9.4 6.1 9.9 | 5.9 | | | 1995 | .3 -.1 .2 -.2 .0 .4 -.6 1.2 .8 -.2 .1 .5 | 5.6 .3 3.1 4.1 | 5.2 1996 | -.7 1.7 -.3 1.0 .6 1.1 .3 .6 .6 -.1 .8 .9 | 2.8 8.7 7.5 5.9 | 4.8 1997 | .1 1.4 1.2 -.2 .9 .7 .5 1.7 .9 .7 1.1 .5 | 9.6 7.5 10.9 11.6 | 8.5 1998 | .7 .0 -.2 .7 .5 -.7 -.5 2.5 -.3 .9 .2 .5 | 5.7 2.6 3.1 7.5 | 6.7 1999 | .3 .7 -.1 .4 .9 -.3 .5 .7 -.4 1.6 .8 .7 | 4.8 4.2 3.7 9.6 | 5.0 | | | 2000 | .2 .3 .7 .6 -.1 .2 .0 -.5 .4 -.4 -.3 -.6 | 5.4 4.8 -.4 -2.9 | 4.5 2001 | -.6 -.6 -.3 -.2 -.7 -.7 -.4 -.7 -.4 -.7 -.3 .2 | -6.3 -5.4 -6.4 -5.1 | -4.1 2002 | .4 .1 .7 .1 .7 1.1 -.4 .3 .0 -.5 .4 -.5 | 2.8 5.7 3.1 -1.1 | -.1 2003 | .5 .2 .3 -1.0 .1 .6 .2 -.3 .7 .1 1.0 -.2 | 2.0 -1.9 2.6 4.1 | 1.3 2004 | .0 .6 -.1 .5 .7 -.7 .8 .7 -.2 1.0 .1 .5 | 2.1 3.3 3.9 5.4 | 2.9 | | | 2005 | .7 .7 -.3 .0 .6 .2 .0 .3 -1.0 1.5 .8 -.1 | 5.8 2.2 1.0 6.0 | 4.0 2006 | .7 -.4 .0 .5 -.3 .4 .1 .3 -.2 -.5 -.1 1.0 | 2.7 1.4 1.6 -1.1 | 2.4 2007 | -.6 .1 .7 .4 .2 .5 .8 -.4 .4 -.4 .2 .0 | 1.1 4.7 4.0 -.6 | 1.7 2008 | .0 -.6 .1 -.9 .0 .1 .4 | -1.0 -3.9 | | | | IP | | | (2002 = 100) | | | 2006 | 110.9 110.5 110.5 111.1 110.8 111.2 111.3 111.7 111.5 110.9 110.8 111.8 | 110.6 111.0 111.5 111.2 | 111.1 2007 | 111.1 111.3 112.0 112.4 112.6 113.2 114.1 113.6 114.0 113.5 113.8 113.8 | 111.5 112.8 113.9 113.7 | 112.9 2008 | 113.8 113.1 113.2 112.2 112.3 112.4 112.8 | 113.4 112.3 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 139.1 139.3 139.4 139.6 139.7 139.9 140.0 140.2 140.3 140.5 140.7 140.8 | 139.3 139.7 140.2 140.7 | 140.0 2007 | 141.0 141.2 141.4 141.7 141.9 142.1 142.4 142.7 142.9 143.2 143.4 143.7 | 141.2 141.9 142.7 143.4 | 142.3 2008 | 143.9 144.1 144.4 144.6 144.8 145.0 145.2 | 144.1 144.8 | | | | Utilization | | | (percent) | | | 1986 | 78.8 78.2 77.9 78.2 78.2 77.9 78.2 78.3 78.4 78.5 78.8 79.3 | 78.3 78.1 78.3 78.9 | 78.4 1987 | 78.9 79.9 79.7 80.0 80.4 80.5 80.8 81.1 81.4 82.5 82.9 83.3 | 79.5 80.3 81.1 82.9 | 80.9 1988 | 83.0 83.1 83.3 83.9 83.8 83.8 83.9 83.9 84.1 84.5 84.7 84.9 | 83.1 83.8 84.0 84.7 | 83.9 1989 | 85.4 84.5 84.2 84.1 83.2 83.2 82.1 82.6 82.2 81.9 81.9 81.8 | 84.7 83.5 82.3 81.9 | 83.1 | | | 1990 | 81.6 82.5 82.6 82.3 82.2 82.2 81.9 81.9 81.8 81.0 79.9 79.2 | 82.2 82.2 81.9 80.0 | 81.6 1991 | 78.4 77.8 77.1 77.3 77.7 78.5 78.5 78.6 79.3 79.1 78.7 78.6 | 77.8 77.8 78.8 78.8 | 78.3 1992 | 78.0 78.5 79.1 79.4 79.7 79.8 80.2 79.7 79.5 79.8 79.9 79.6 | 78.5 79.6 79.8 79.8 | 79.4 1993 | 80.3 80.3 80.0 80.4 80.2 80.0 80.1 79.9 80.3 80.8 81.0 81.2 | 80.2 80.2 80.1 81.0 | 80.4 1994 | 81.2 81.1 82.0 82.4 82.7 82.7 82.8 83.1 83.1 83.6 83.9 84.6 | 81.4 82.6 83.0 84.0 | 82.8 | | | 1995 | 84.5 84.1 83.9 83.5 83.2 83.1 82.3 82.9 83.2 82.7 82.4 82.4 | 84.2 83.3 82.8 82.5 | 83.2 1996 | 81.4 82.3 81.6 82.0 82.0 82.5 82.3 82.3 82.4 81.9 82.2 82.4 | 81.8 82.2 82.3 82.2 | 82.1 1997 | 82.0 82.7 83.2 82.5 82.7 82.8 82.6 83.4 83.6 83.5 83.9 83.7 | 82.7 82.7 83.2 83.7 | 83.1 1998 | 83.7 83.1 82.4 82.3 82.2 81.1 80.2 81.7 81.0 81.3 81.0 81.1 | 83.1 81.9 81.0 81.1 | 81.8 1999 | 80.9 81.1 80.7 80.6 81.0 80.4 80.4 80.6 80.0 80.9 81.1 81.3 | 80.9 80.7 80.3 81.1 | 80.7 | | | 2000 | 81.1 81.0 81.2 81.3 80.9 80.8 80.4 79.7 79.7 79.1 78.5 77.8 | 81.1 81.0 79.9 78.5 | 80.1 2001 | 77.0 76.4 75.9 75.5 74.7 74.0 73.6 72.9 72.5 71.9 71.5 71.6 | 76.4 74.7 73.0 71.7 | 73.9 2002 | 71.8 71.8 72.2 72.2 72.7 73.5 73.1 73.4 73.4 73.1 73.4 73.0 | 71.9 72.8 73.3 73.2 | 72.8 2003 | 73.4 73.6 73.8 73.2 73.3 73.8 73.9 73.8 74.3 74.4 75.1 75.0 | 73.6 73.4 74.0 74.8 | 74.0 2004 | 75.0 75.5 75.4 75.8 76.3 75.7 76.3 76.8 76.6 77.3 77.4 77.7 | 75.3 75.9 76.6 77.5 | 76.3 | | | 2005 | 78.1 78.6 78.3 78.3 78.6 78.7 78.6 78.7 77.8 78.9 79.4 79.3 | 78.4 78.5 78.4 79.2 | 78.6 2006 | 79.7 79.3 79.2 79.6 79.3 79.5 79.5 79.7 79.4 78.9 78.7 79.4 | 79.4 79.4 79.5 79.0 | 79.4 2007 | 78.8 78.8 79.2 79.4 79.4 79.6 80.1 79.6 79.8 79.2 79.3 79.2 | 78.9 79.5 79.8 79.3 | 79.4 2008 | 79.1 78.4 78.5 77.6 77.5 77.5 77.7 | 78.7 77.6 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> See note on cover page. <2> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 13 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.8 -.7 .1 .1 -.2 .4 -.3 .1 .4 .4 .8 | 2.3 -2.6 .6 4.0 | .9 1987 | -.5 1.2 .2 .5 .6 .4 .5 .6 .2 1.4 .5 .4 | 4.4 6.4 6.0 9.2 | 4.3 1988 | .0 .4 .2 .5 -.2 .2 .1 .5 -.4 .5 .2 .4 | 3.0 2.8 1.4 2.9 | 4.4 1989 | .3 -.5 .3 -.1 -.7 .0 -1.1 .9 -.3 -.2 .2 .7 | 1.8 -2.0 -3.3 1.0 | .6 | | | 1990 | -.7 .9 .4 -.2 .1 .2 -.2 .2 .1 -.8 -1.3 -.7 | 2.4 2.2 1.0 -6.6 | .3 1991 | -.5 -.8 -.6 .2 .9 1.0 .0 .1 .9 -.2 -.2 -.5 | -8.0 2.1 5.4 .3 | -2.0 1992 | -.8 .7 .8 .6 .3 -.1 .8 -.6 .1 .6 .3 .0 | -1.8 6.2 1.7 2.8 | 1.9 1993 | .5 .3 -.1 .3 -.4 .2 .3 -.1 .3 .6 .3 .5 | 3.0 .5 1.5 5.1 | 2.5 1994 | .4 -.1 .9 .3 .4 .6 .1 .3 .0 .6 .4 .9 | 4.3 5.5 3.3 5.5 | 4.0 | | | 1995 | .2 -.2 -.2 -.3 .1 .1 -.5 1.1 .1 -.5 .1 .2 | 3.1 -1.4 1.4 .3 | 2.5 1996 | -1.0 1.4 -.4 .7 .5 .7 -.5 .4 .4 -.3 .8 .5 | -.2 6.1 2.2 3.3 | 1.7 1997 | -.1 .9 .5 -.4 .3 .2 .3 1.0 .7 .7 .7 .2 | 5.0 2.2 6.0 8.2 | 4.2 1998 | .2 -.1 -.1 .3 .5 -.9 -.8 2.0 -.6 .5 -.3 .0 | 1.6 1.0 -.4 2.1 | 3.1 1999 | .2 .1 -.1 -.1 .6 -.5 .3 .4 -.5 1.2 .3 .6 | .8 .4 1.0 5.6 | 1.2 | | | 2000 | -.3 .0 .1 .4 -.1 .0 -.5 -.4 .4 -.5 -.2 -.5 | .7 1.7 -2.8 -2.8 | 1.1 2001 | -.7 -.5 -.3 -.1 -.6 -.5 -.3 -.3 -.5 -.6 -.5 -.1 | -6.2 -4.3 -4.6 -5.3 | -4.0 2002 | .7 .0 .7 .3 .4 .9 -.3 .0 .0 -.3 .3 -.6 | 2.7 5.8 1.6 -1.1 | .0 2003 | .6 .2 -.3 -1.0 -.1 .1 .3 -.1 .5 .0 .7 -.1 | 1.3 -4.4 1.6 3.0 | .2 2004 | .2 .5 -.6 .6 .7 -.9 .7 .2 -.2 1.0 .3 .6 | 1.7 2.1 1.8 5.4 | 1.8 | | | 2005 | .4 .5 -.1 -.1 .3 .4 -.2 .0 -2.1 1.1 1.0 .5 | 4.8 1.3 -1.8 2.2 | 2.7 2006 | .0 -.2 .2 .3 -.2 .4 .2 .0 -.5 -.1 -.2 .6 | 2.6 1.7 1.1 -1.7 | 1.3 2007 | -.4 .7 -.2 .4 -.1 .2 .4 -.1 .2 -.6 .4 .0 | 1.4 2.2 2.2 -1.0 | .9 2008 | .2 -.4 -.4 -.7 -.2 .4 .2 | -.4 -4.1 | | | | IP | | | (2002 = 100) | | | 2006 | 105.8 105.6 105.8 106.2 106.0 106.4 106.6 106.6 106.1 106.0 105.7 106.3 | 105.7 106.2 106.5 106.0 | 106.1 2007 | 106.0 106.7 106.5 106.9 106.9 107.1 107.5 107.4 107.6 107.0 107.4 107.4 | 106.4 107.0 107.5 107.3 | 107.0 2008 | 107.6 107.2 106.7 106.0 105.8 106.3 106.5 | 107.2 106.0 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 130.3 130.4 130.5 130.6 130.7 130.8 130.9 131.0 131.1 131.2 131.3 131.4 | 130.4 130.7 131.0 131.3 | 130.9 2007 | 131.5 131.5 131.6 131.7 131.8 131.9 132.0 132.1 132.2 132.3 132.4 132.5 | 131.5 131.8 132.1 132.4 | 132.0 2008 | 132.7 132.8 132.8 132.9 133.0 133.1 133.2 | 132.7 133.0 | | | | Utilization | | | (percent) | | | 1986 | 80.2 79.4 78.8 78.8 78.8 78.6 78.8 78.5 78.6 78.8 79.1 79.6 | 79.5 78.7 78.6 79.2 | 79.0 1987 | 79.2 80.1 80.1 80.4 80.8 81.1 81.4 81.8 81.9 83.0 83.3 83.6 | 79.8 80.8 81.7 83.3 | 81.4 1988 | 83.6 83.9 84.0 84.4 84.2 84.3 84.4 84.7 84.4 84.7 84.9 85.2 | 83.8 84.3 84.5 84.9 | 84.4 1989 | 85.3 84.8 85.0 84.8 84.1 84.0 83.0 83.6 83.2 82.9 82.9 83.4 | 85.1 84.3 83.2 83.1 | 83.9 | | | 1990 | 82.7 83.3 83.5 83.2 83.2 83.3 83.0 83.1 83.1 82.4 81.2 80.5 | 83.2 83.2 83.1 81.4 | 82.7 1991 | 80.0 79.3 78.7 78.8 79.4 80.1 80.0 80.0 80.6 80.3 80.1 79.6 | 79.3 79.5 80.2 80.0 | 79.8 1992 | 78.9 79.4 79.9 80.4 80.5 80.3 80.9 80.3 80.4 80.8 81.0 80.9 | 79.4 80.4 80.5 80.9 | 80.3 1993 | 81.2 81.4 81.3 81.5 81.1 81.1 81.3 81.2 81.4 81.9 82.1 82.4 | 81.3 81.2 81.3 82.1 | 81.5 1994 | 82.6 82.5 83.1 83.3 83.5 83.9 83.8 83.9 83.8 84.2 84.4 85.0 | 82.7 83.5 83.8 84.5 | 83.7 | | | 1995 | 85.0 84.7 84.4 84.1 83.9 83.9 83.3 84.1 84.0 83.4 83.3 83.3 | 84.7 84.0 83.8 83.4 | 84.0 1996 | 82.3 83.3 82.8 83.3 83.5 83.9 83.4 83.5 83.6 83.2 83.6 83.8 | 82.8 83.6 83.5 83.6 | 83.4 1997 | 83.5 84.0 84.2 83.6 83.6 83.5 83.4 84.0 84.3 84.5 84.8 84.6 | 83.9 83.5 83.9 84.6 | 84.0 1998 | 84.5 84.1 83.7 83.7 83.9 82.9 82.0 83.4 82.6 82.8 82.3 82.2 | 84.1 83.5 82.7 82.4 | 83.2 1999 | 82.1 82.1 81.8 81.5 81.9 81.3 81.4 81.6 81.0 81.8 82.0 82.3 | 82.0 81.6 81.3 82.0 | 81.7 | | | 2000 | 81.9 81.8 81.8 82.0 81.8 81.7 81.2 80.8 81.0 80.4 80.2 79.7 | 81.8 81.8 81.0 80.1 | 81.2 2001 | 79.1 78.5 78.2 78.0 77.5 77.0 76.7 76.4 75.9 75.4 75.0 74.8 | 78.6 77.5 76.3 75.1 | 76.9 2002 | 75.3 75.2 75.7 76.0 76.3 76.9 76.7 76.7 76.8 76.6 76.9 76.5 | 75.4 76.4 76.7 76.7 | 76.3 2003 | 77.0 77.2 77.1 76.4 76.4 76.5 76.8 76.7 77.1 77.1 77.7 77.6 | 77.1 76.4 76.8 77.4 | 77.0 2004 | 77.7 78.1 77.6 78.0 78.6 77.9 78.5 78.6 78.5 79.3 79.6 80.1 | 77.8 78.2 78.6 79.7 | 78.5 | | | 2005 | 80.4 80.8 80.8 80.6 80.9 81.2 81.0 81.0 79.3 80.1 80.9 81.2 | 80.6 80.9 80.4 80.7 | 80.7 2006 | 81.2 81.0 81.1 81.3 81.0 81.3 81.4 81.4 80.9 80.8 80.5 80.9 | 81.1 81.2 81.2 80.7 | 81.1 2007 | 80.6 81.1 80.9 81.2 81.1 81.2 81.4 81.3 81.4 80.9 81.1 81.1 | 80.9 81.1 81.4 81.0 | 81.1 2008 | 81.2 80.4 80.5 79.8 79.6 79.8 79.9 | 80.7 79.7 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Note. Selected high-technology industries are computers, communications equipment, and semiconductors and related electronic components. Table 14 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.2 -.7 -.3 .4 .1 -.2 .2 .2 .2 .4 .4 .8 | 4.7 -.2 1.3 4.3 | 2.1 1987 | -.5 1.4 .1 .4 .7 .3 .6 .3 .5 1.5 .6 .5 | 4.7 5.9 5.5 10.5 | 4.6 1988 | -.2 .2 .2 .8 -.2 .0 .0 .1 .3 .5 .3 .4 | 1.8 3.6 .5 4.5 | 4.4 1989 | .8 -1.0 -.1 .0 -.8 .1 -1.3 .9 -.3 -.3 .1 .2 | 2.1 -3.5 -4.1 -.5 | .4 | | | 1990 | -.2 1.4 .3 -.3 .1 .2 -.2 .3 -.1 -.9 -1.2 -.8 | 3.8 1.9 .2 -7.4 | .0 1991 | -.8 -.8 -.8 .4 .6 1.1 .3 .2 1.1 -.2 -.4 -.3 | -9.6 1.5 7.1 .9 | -2.6 1992 | -.8 .9 .9 .4 .5 .1 .8 -.5 -.1 .5 .3 -.3 | -1.1 7.0 2.6 1.3 | 2.6 1993 | 1.1 .1 -.3 .5 -.2 -.2 .3 -.2 .5 .7 .3 .5 | 3.9 .9 .5 5.7 | 2.5 1994 | .1 .0 1.2 .6 .5 .2 .3 .5 .1 .7 .6 1.0 | 3.9 7.2 3.8 6.7 | 4.4 | | | 1995 | .2 -.3 -.1 -.4 -.2 .2 -.8 .9 .6 -.5 -.1 .1 | 3.1 -2.5 .2 .6 | 2.5 1996 | -1.2 1.4 -.5 1.0 .4 .9 -.1 .3 .4 -.4 .7 .7 | -1.7 6.8 4.2 3.1 | 1.5 1997 | -.2 1.0 .9 -.7 .5 .4 .1 1.3 .6 .6 .9 .2 | 6.0 2.6 6.6 8.7 | 4.9 1998 | .5 -.2 -.3 .4 .4 -1.1 -.9 2.4 -.7 .7 -.1 .2 | 2.9 .1 -.8 4.0 | 3.5 1999 | .0 .4 -.4 .0 .8 -.7 .0 .6 -.5 1.4 .4 .4 | .8 .3 .2 7.0 | 1.4 | | | 2000 | -.3 -.2 .3 .4 -.5 .1 -.4 -.8 .4 -.5 -.6 -.9 | .4 .9 -3.5 -4.9 | .8 2001 | -.6 -.5 -.3 -.1 -.7 -.5 -.1 -.7 -.4 -.7 -.2 .1 | -7.3 -4.4 -4.9 -5.1 | -4.9 2002 | .6 .0 .7 .0 .6 1.0 -.5 .3 .0 -.5 .3 -.7 | 3.3 5.0 2.3 -1.9 | .0 2003 | .4 -.1 .1 -1.1 .0 .4 .0 -.4 .7 -.1 .9 -.3 | .4 -3.7 1.2 3.2 | .0 2004 | -.2 .6 -.2 .6 .7 -.8 .9 .6 -.3 1.0 .1 .5 | 1.1 3.5 3.7 4.9 | 2.2 | | | 2005 | .6 .6 -.3