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Statistical Supplement | September 2005

Statistical Supplement to the Federal Reserve Bulletin, September 2005

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2004 2005 2004 2005 2004 2005
Q3 Q4 Q1 Q2r Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2r
  Ouput (1997=100) Capacity (percent of 1997 output) Capacity utilization rate (percent)2
1 Total industry 115.9 117.2 118.2 118.6 148.2 148.7 149.1 149.5 78.2 78.8 79.3 79.4
 
2 Manufacturing 117.9 119.3 120.4 120.7 153.1 153.6 154.1 154.7 77.0 77.6 78.1 78.1
3 Manufacturing (NAICS) 118.8 120.2 121.2 121.5 155.4 155.9 156.4 157.0 76.4 77.1 77.5 77.4
 
4 Durable manufacturing 134.0 136.1 137.9 138.4 180.1 181.1 182.3 183.7 74.4 75.2 75.6 75.4
5 Primary metal 93.6 94.2 92.1 85.6 114.3 114.0 114.0 114.3 81.9 82.6 80.8 74.9
 
6 Fabricated metal products 97.2 97.1 97.1 97.1 138.7 138.6 138.6 138.3 70.1 70.1 70.1 70.2
7 Machinery 97.7 98.8 100.3 102.5 126.0 126.1 126.1 126.0 77.5 78.4 79.5 81.4
8 Computer and electronic products 295.5 304.2 320.1 330.2 417.0 427.6 438.8 450.1 70.9 71.1 72.9 73.4
9 Electrical equipment, appliances, and components 95.9 95.8 94.8 95.0 119.7 119.3 118.8 117.9 80.1 80.2 79.8 80.6
10 Motor vehicles and parts 122.7 127.4 128.2 126.6 153.7 154.3 155.4 157.0 79.8 82.6 82.5 80.7
11 Aerospace and miscellaneous transportation equipment 100.6 101.9 103.9 108.2 155.1 155.5 156.1 157.0 64.9 65.5 66.6 68.9
12 Nondurable manufacturing 100.5 101.3 101.7 101.5 126.9 126.8 126.7 126.6 79.3 79.8 80.2 80.2
13 Food, beverage, and tobacco products 104.5 105.5 105.9 106.4 129.2 129.3 129.4 129.6 80.9 81.6 81.9 82.1
14 Textile and product mills 76.2 75.2 75.6 74.7 101.9 100.9 99.8 98.5 74.8 74.5 75.8 75.8
 
15 Paper 95.7 95.5 96.9 94.7 110.3 110.2 110.2 110.3 86.8 86.6 87.9 85.8
16 Petroleum and coal products 110.3 111.9 112.1 113.1 122.3 122.5 122.7 122.8 90.2 91.3 91.4 92.1
17 Chemical 111.0 112.3 112.6 112.9 146.4 146.7 146.8 146.8 75.9 76.6 76.7 76.9
18 Plastics and rubber products 104.2 104.3 104.7 103.5 125.3 125.0 124.6 124.1 83.2 83.5 84.0 83.4
19 Other manufacturing (non-NAICS) 104.7 104.8 107.7 108.8 119.4 119.7 119.9 119.9 87.6 87.6 89.9 90.7
 
20 Mining 91.2 90.4 92.2 93.0 105.7 105.6 105.4 105.2 86.3 85.6 87.5 88.4
21 Electric and gas utilities 113.1 115.9 115.0 116.2 135.1 135.7 136.2 136.5 83.7 85.4 84.4 85.1
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 415.2 429.5 458.1 472.3 593.8 615.3 637.7 658.9 69.9 69.8 71.8 71.7
 
23 Total excluding computers, communications equipment, and semiconductors 103.6 104.6 105.3 105.5 131.3 131.4 131.5 131.6 78.9 79.6 80.1 80.2
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 103.5 104.5 105.1 105.2 133.0 133.0 133.1 133.2 77.8 78.5 79.0 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: October 17, 2005