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Statistical Supplement | October 2005

Statistical Supplement to the Federal Reserve Bulletin, October 2005

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2004 2005 2004 2005 2004 2005
Q4 Q1 Q2r Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2r Q3
  Ouput (1997=100) Capacity (percent of 1997 output) Capacity utilization rate (percent)2
1 Total industry 117.2 118.2 118.6 119.0 148.7 149.1 149.5 149.9 78.8 79.3 79.4 79.4
 
2 Manufacturing 119.3 120.4 120.7 121.4 153.6 154.1 154.7 155.2 77.6 78.1 78.1 78.2
3 Manufacturing (NAICS) 120.2 121.2 121.5 122.4 155.9 156.4 157.0 157.6 77.1 77.5 77.4 77.7
 
4 Durable manufacturing 136.1 137.9 138.5 141.0 181.1 182.3 183.7 185.1 75.2 75.6 75.4 76.2
5 Primary metal 94.2 92.1 85.5 86.3 114.0 114.0 114.3 114.6 82.6 80.8 74.8 75.2
 
6 Fabricated metal products 97.1 97.1 97.0 97.9 138.6 138.6 138.3 138.0 70.1 70.1 70.2 71.0
7 Machinery 98.8 100.3 102.5 103.4 126.1 126.1 126.0 125.8 78.4 79.5 81.4 82.2
8 Computer and electronic products 304.2 320.1 330.5 350.5 427.6 438.8 450.1 462.0 71.1 72.9 73.4 75.9
9 Electrical equipment, appliances, and components 95.8 94.8 95.0 96.3 119.3 118.8 117.9 117.0 80.2 79.8 80.6 82.3
10 Motor vehicles and parts 127.4 128.2 126.6 130.4 154.3 155.4 157.0 158.7 82.6 82.5 80.7 82.2
11 Aerospace and miscellaneous transportation equipment 101.9 103.9 108.3 104.9 155.5 156.1 157.0 157.9 65.5 66.6 69.0 66.4
12 Nondurable manufacturing 101.3 101.7 101.6 101.0 126.8 126.7 126.6 126.4 79.8 80.2 80.2 79.9
13 Food, beverage, and tobacco products 105.5 105.9 106.4 107.1 129.3 129.4 129.6 129.8 81.6 81.9 82.1 82.6
14 Textile and product mills 75.2 75.6 74.7 74.6 100.9 99.8 98.5 97.1 74.5 75.8 75.9 76.8
 
15 Paper 95.5 96.9 95.0 93.6 110.2 110.2 110.3 110.3 86.6 87.9 86.1 84.8
16 Petroleum and coal products 111.9 112.1 113.1 109.0 122.5 122.7 122.8 122.9 91.3 91.4 92.1 88.7
17 Chemical 112.3 112.6 112.8 110.8 146.7 146.8 146.8 146.7 76.6 76.7 76.9 75.6
18 Plastics and rubber products 104.3 104.7 103.5 104.7 125.0 124.6 124.1 123.5 83.5 84.0 83.4 84.8
19 Other manufacturing (non-NAICS) 104.8 107.7 108.7 105.6 119.7 119.9 119.9 120.0 87.6 89.9 90.6 88.0
 
20 Mining 90.4 92.2 92.9 88.8 105.6 105.4 105.2 105.0 85.6 87.5 88.3 84.6
21 Electric and gas utilities 115.9 115.0 116.1 119.1 135.7 136.2 136.5 136.9 85.4 84.4 85.1 87.0
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 429.5 458.1 472.4 505.4 615.3 637.7 658.9 681.4 69.8 71.8 71.7 74.2
 
23 Total excluding computers, communications equipment, and semiconductors 104.6 105.3 105.5 105.5 131.4 131.5 131.6 131.7 79.6 80.1 80.2 80.1
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 104.5 105.1 105.2 105.4 133.0 133.1 133.2 133.4 78.5 79.0 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: November 7, 2005