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Statistical Supplement | June 2005

Statistical Supplement to the Federal Reserve Bulletin, June 2005

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2004 2005 2004 2005 2004 2005
Q2 Q3 Q4 Q1r Q2 Q3 Q4 Q1r Q2 Q3 Q4 Q1r
  Ouput (1997=100) Capacity (percent of 1997 output) Capacity utilization rate (percent)2
1 Total industry 115.1 115.9 117.2 118.2 147.8 148.2 148.7 149.1 77.9 78.2 78.8 79.3
 
2 Manufacturing 116.8 117.9 119.3 120.4 152.6 153.1 153.6 154.1 76.5 77.0 77.6 78.1
3 Manufacturing (NAICS) 117.6 118.8 120.2 121.2 154.9 155.4 155.9 156.4 75.9 76.4 77.1 77.5
 
4 Durable manufacturing 132.1 134.0 136.1 137.9 179.1 180.1 181.1 182.3 73.8 74.4 75.2 75.6
5 Primary metal 91.0 93.6 94.2 92.2 114.6 114.3 114.0 114.0 79.4 81.9 82.6 80.9
 
6 Fabricated metal products 96.6 97.2 97.1 97.0 138.7 138.7 138.6 138.6 69.6 70.1 70.1 70.0
7 Machinery 96.0 97.7 98.8 100.4 125.9 126.0 126.1 126.1 76.3 77.5 78.4 79.6
8 Computer and electronic products 284.1 295.5 304.2 320.3 407.1 417.0 427.6 438.8 69.8 70.9 71.1 73.0
9 Electrical equipment, appliances, and components 93.4 95.9 95.8 94.8 120.1 119.7 119.3 118.8 77.8 80.1 80.2 79.8
10 Motor vehicles and parts 123.0 122.7 127.4 128.2 153.0 153.7 154.3 155.4 80.4 79.8 82.6 82.5
11 Aerospace and miscellaneous transportation equipment 99.5 100.6 101.9 103.9 154.8 155.1 155.5 156.1 64.3 64.9 65.5 66.6
12 Nondurable manufacturing 100.1 100.5 101.3 101.6 126.9 126.9 126.8 126.7 78.9 79.3 79.8 80.1
13 Food, beverage, and tobacco products 104.0 104.5 105.5 105.9 129.1 129.2 129.3 129.4 80.6 80.9 81.6 81.9
14 Textile and product mills 75.3 76.2 75.2 75.6 102.9 101.9 100.9 99.8 73.2 74.8 74.5 75.8
 
15 Paper 95.0 95.7 95.5 96.5 110.3 110.3 110.2 110.2 86.1 86.8 86.6 87.6
16 Petroleum and coal products 108.6 110.3 111.9 112.1 121.9 122.3 122.5 122.7 89.1 90.2 91.3 91.4
17 Chemical 110.2 111.0 112.3 112.4 146.0 146.4 146.7 146.8 75.4 75.9 76.6 76.6
18 Plastics and rubber products 104.7 104.2 104.3 104.7 125.6 125.3 125.0 124.6 83.4 83.2 83.5 84.0
19 Other manufacturing (non-NAICS) 103.8 104.7 104.8 107.7 119.3 119.4 119.7 119.9 87.0 87.6 87.6 89.8
 
20 Mining 91.7 91.2 90.4 92.2 105.8 105.7 105.6 105.4 86.6 86.3 85.6 87.5
21 Electric and gas utilities 114.4 113.1 115.9 115.0 134.5 135.1 135.7 136.2 85.1 83.7 85.4 84.4
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 400.4 415.2 429.5 458.5 574.5 593.8 615.3 637.7 69.7 69.9 69.8 71.9
 
23 Total excluding computers, communications equipment, and semiconductors 103.1 103.6 104.6 105.2 131.2 131.3 131.4 131.5 78.6 78.9 79.6 80.0
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 102.6 103.5 104.5 105.1 132.9 133.0 133.0 133.1 77.2 77.8 78.5 79.0

Note. The statistics in the G.17 statistical release cover output, capacity, and capacity utilization in the industrial sector, which the Federal Reserve defines as manufacturing, mining, and electric and gas utilities. Manufacturing consists of those industries included in the North American Industry Classification System, or NAICS, manufacturing plus those industries--logging and newspaper, periodical, book, and directory publishing--that have traditionally been considered manufacturing and included in the industrial sector.

1. Data in this table also appear in the Board's G.17 (419) monthly statistical release. The latest historical revision of the industrial production index and the capacity utilization rates was released in December 2004. The recent annual revision is described in the Winter 2005 issue of the Bulletin.   Return to table

2. Monthly highs, 1978-80; monthly lows, 1982.   Return to table

3. Monthly highs, 1988-89; monthly lows, 1990-91.   Return to table

4. Capacity utilization is calculated as the ratio of the Federal Reserve's seasonally adjusted index of industrial production to the corresponding index of capacity.   Return to table

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Last update: September 29, 2005