Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization - G.17

Current Release (250 KB PDF) (ASCII)

Release Date: November 16, 2012

Industrial Production and Capacity Utilization: Summary

Seasonally adjusted
Industrial production 2007=100 Percent change
2012 2012 Oct. '11 to
Oct. '12
May[r] June[r] July[r] Aug.[r] Sept.[r] Oct.[p] May[r] June[r] July[r] Aug.[r] Sept.[r] Oct.[p]
       
Total index 97.3 97.3 97.9 96.8 97.0 96.6 .0 .0 .7 -1.1 .2 -.4 1.7
Previous estimates 97.3 97.4 98.0 96.6 97.0   .1 .0 .7 -1.4 .4    
       
Major market groups
Final Products 96.6 96.9 97.5 96.5 96.6 95.7 .4 .3 .6 -1.0 .1 -1.0 1.3
Consumer goods 93.6 93.4 94.0 93.0 92.9 92.1 .7 -.2 .7 -1.1 -.1 -.9 -.8
Business equipment 102.9 104.8 104.9 103.9 104.4 103.1 .3 1.9 .0 -.9 .4 -1.2 7.5
Nonindustrial supplies 87.4 87.2 87.1 86.6 86.8 86.2 -.2 -.3 -.1 -.6 .3 -.7 1.0
Construction 80.4 79.7 79.1 78.9 79.5 79.1 -1.6 -.9 -.8 -.3 .8 -.5 2.3
Materials 101.3 101.1 102.1 100.7 100.9 101.1 -.3 -.2 1.0 -1.4 .2 .1 2.4
       
Major industry groups
Manufacturing (see note below) 94.0 94.3 94.6 93.7 93.8 93.0 -.7 .3 .3 -.9 .1 -.9 1.6
Previous estimates 94.1 94.4 94.7 93.8 94.0   -.6 .4 .3 -.9 .2    
Mining 111.4 111.6 112.8 111.2 112.2 113.9 -.1 .1 1.1 -1.4 .9 1.5 3.4
Utilities 102.7 99.9 102.8 100.6 100.6 100.5 5.3 -2.7 3.0 -2.2 .0 -.1 .5

Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2011
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2011
Oct.
   
2012 Oct. '11 to
Oct. '12
May[r] June[r] July[r] Aug.[r] Sept.[r] Oct.[p]
       
Total industry 80.3 85.2 78.8 85.0 66.8 77.6 78.9 78.8 79.2 78.2 78.2 77.8 1.5
Previous estimates             78.9 78.8 79.2 78.0 78.3    
       
Manufacturing (see note below) 78.8 85.6 77.3 84.6 63.8 75.8 77.2 77.4 77.5 76.7 76.7 75.9 1.4
Previous estimates             77.3 77.5 77.6 76.8 76.8    
Mining 87.3 86.3 83.9 88.6 78.5 89.3 89.3 89.2 90.0 88.6 89.3 90.4 2.1
Utilities 86.3 92.9 84.3 93.3 79.1 76.6 77.6 75.4 77.5 75.6 75.4 75.2 2.3
       
Stage-of-process groups
Crude 86.3 87.7 84.4 89.7 76.4 87.3 86.9 87.0 87.7 86.8 87.3 87.8 1.6
Primary and semifinished 81.1 86.5 78.0 87.9 64.2 74.3 76.4 75.9 76.5 75.5 75.4 75.0 .2
Finished 77.2 83.4 77.3 80.6 66.8 77.2 78.0 78.3 78.4 77.4 77.4 76.4 3.3

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.


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Last update: November 16, 2012