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Release Date: May 16, 2024
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]
2002 .7 .0 .7 .3 .5 1.0 -.1 .1 .1 -.3 .5 -.6 3.6 5.8 3.2 -.4 .5
2003 .8 -.1 .1 -.8 .1 .4 .3 -.5 .8 .1 .9 -.1 2.1 -2.2 2.5 4.4 1.3
2004 -.1 .8 .0 .4 .7 -.7 .9 .5 .0 .9 .0 .8 2.6 3.4 4.0 5.5 3.1
2005 .6 .8 -.5 .4 .3 .2 -.4 .5 -1.1 1.4 .9 .1 6.4 2.6 -.6 6.1 4.1
       
2006 .8 -.3 .0 .3 -.2 .3 -.3 .7 .1 -.4 .1 1.5 3.9 .7 1.1 1.6 2.6
2007 -.3 .3 .8 .6 -.1 .3 -.1 -.3 .3 -.2 .5 .2 4.7 5.5 .1 1.3 2.8
2008 -.2 -.7 -.4 -1.0 -.6 -.7 -1.1 -1.3 -3.4 -.6 -2.5 -3.4 -2.0 -8.4 -14.0 -22.0 -4.8
2009 -3.2 -.1 -1.8 -.7 -1.0 -.2 1.6 1.1 1.0 .1 1.0 -.2 -24.7 -10.3 9.1 7.1 -13.8
2010 1.0 -.1 1.3 .8 1.3 .0 .5 .1 .1 .1 .1 .5 6.6 10.4 4.3 1.6 5.9
       
2011 .1 .1 .6 -.6 .0 .1 .6 .4 .3 .5 -.2 .7 3.0 -.2 4.2 3.9 2.9
2012 .9 .4 -.5 .5 -.4 .3 -.2 -.1 -.2 -.2 .6 .7 5.5 .5 -1.2 1.0 2.6
2013 -.2 .4 -.1 -.3 .3 .2 -.8 .9 .1 .1 .0 -.2 2.8 .1 .2 1.6 .9
2014 -1.1 .9 .9 .0 .3 .3 .4 -.6 .0 -.1 .7 -.2 -1.1 4.8 1.4 .3 1.1
2015 -.6 -.8 .4 .0 .0 -.4 .7 -.3 -.3 -.1 -.3 -.3 -3.4 -.6 .8 -2.7 -.5
       
2016 .4 -.4 -.1 -.2 -.1 .2 .0 -.3 .2 .1 -.1 .0 -.6 -1.2 .0 .5 -.8
2017 .2 -.1 -.4 1.1 -.1 .0 -.4 -.2 .0 1.1 .1 -.2 -.1 3.0 -2.0 4.0 .6
2018 -.4 1.0 -.1 .7 -.9 .6 .0 .3 .0 -.5 -.3 .3 .4 2.3 1.6 -1.7 1.3
2019 -.9 -.5 -.3 -.6 .0 .4 -.7 .7 -.6 -.9 .9 .1 -4.6 -3.2 -.6 -2.1 -2.0
2020 -.2 .2 -4.6 -15.5 4.4 7.7 3.6 1.5 .0 .8 .6 .6 -5.0 -44.0 53.9 8.0 -6.6
       
2021 1.0 -3.9 3.0 .1 1.1 -.1 1.0 -.3 -.9 1.3 .9 -.1 -.1 5.9 3.4 4.9 5.0
2022 -.6 1.2 .8 .1 -.4 -.4 .2 .2 .2 .1 -.7 -2.1 3.0 2.7 .1 -3.3 2.7
2023 1.7 .3 -.8 .9 -.2 -.7 .4 -.1 .2 -.7 .5 .0 -.2 .4 -.6 -1.0 -.5
2024 -1.2 1.4 .2 -.3                 -.4        
       
IP
(2017 = 100)
2022 98.7 99.8 100.6 100.8 100.4 100.0 100.2 100.4 100.6 100.8 100.0 97.9 99.7 100.4 100.4 99.6 100.0
2023 99.5 99.9 99.1 99.9 99.8 99.1 99.5 99.4 99.5 98.9 99.3 99.3 99.5 99.6 99.4 99.2 99.5
2024 98.2 99.5 99.7 99.4                 99.1        
       
Capacity
(percent of
2017 output)
2022 125.9 125.9 126.0 126.1 126.1 126.2 126.3 126.4 126.6 126.7 126.8 126.9 125.9 126.1 126.4 126.8 126.3
2023 127.1 127.2 127.3 127.5 127.6 127.8 127.9 128.0 128.2 128.3 128.5 128.6 127.2 127.6 128.0 128.5 127.8
2024 128.8 128.9 129.1 129.3                 128.9        
       
Utilization
(percent)
2002 72.1 72.0 72.5 72.6 73.0 73.7 73.6 73.6 73.7 73.5 73.8 73.4 72.2 73.1 73.6 73.5 73.1
2003 74.0 73.9 74.0 73.4 73.5 73.8 74.1 73.7 74.4 74.5 75.1 75.1 73.9 73.6 74.1 74.9 74.1
2004 75.1 75.7 75.7 76.0 76.5 76.0 76.7 77.0 77.0 77.7 77.6 78.1 75.5 76.2 76.9 77.8 76.6
2005 78.5 79.0 78.5 78.7 78.8 78.8 78.4 78.6 77.6 78.6 79.1 79.0 78.7 78.8 78.2 78.9 78.6
       
2006 79.5 79.2 79.0 79.1 78.8 78.9 78.5 78.9 78.8 78.3 78.2 79.2 79.2 79.0 78.8 78.6 78.9
2007 78.7 78.8 79.2 79.5 79.3 79.3 79.1 78.7 78.8 78.5 78.8 78.9 78.9 79.4 78.9 78.8 79.0
2008 78.7 78.2 77.8 77.1 76.7 76.2 75.4 74.5 72.0 71.6 69.9 67.7 78.2 76.6 74.0 69.8 74.7
2009 65.6 65.6 64.4 64.1 63.5 63.4 64.5 65.3 66.1 66.2 66.9 66.9 65.2 63.7 65.3 66.7 65.2
2010 67.7 67.7 68.7 69.3 70.3 70.4 70.9 71.1 71.3 71.5 71.7 72.1 68.0 70.0 71.1 71.8 70.2
       
2011 72.2 72.4 72.9 72.6 72.6 72.7 73.1 73.4 73.5 73.9 73.7 74.1 72.5 72.6 73.3 73.9 73.1
2012 74.7 74.9 74.4 74.7 74.3 74.5 74.2 74.1 73.8 73.6 74.0 74.5 74.7 74.5 74.0 74.0 74.3
2013 74.2 74.5 74.4 74.1 74.3 74.5 73.9 74.5 74.6 74.7 74.7 74.6 74.4 74.3 74.4 74.7 74.4
2014 73.9 74.6 75.3 75.3 75.6 75.9 76.3 76.0 76.1 76.0 76.7 76.6 74.6 75.6 76.1 76.4 75.7
2015 76.2 75.7 76.1 76.2 76.2 76.0 76.6 76.4 76.2 76.1 75.9 75.7 76.0 76.1 76.4 75.9 76.1
       
2016 76.0 75.6 75.5 75.4 75.3 75.4 75.4 75.1 75.3 75.4 75.3 75.4 75.7 75.4 75.3 75.4 75.4
2017 75.5 75.5 75.3 76.3 76.3 76.4 76.2 76.2 76.3 77.2 77.4 77.3 75.5 76.3 76.2 77.3 76.3
2018 77.1 77.9 77.9 78.5 77.9 78.4 78.5 78.8 78.8 78.5 78.3 78.5 77.6 78.3 78.7 78.4 78.3
2019 77.9 77.5 77.3 76.9 77.0 77.3 76.8 77.4 76.9 76.2 76.9 77.1 77.6 77.1 77.1 76.7 77.1
2020 76.9 77.1 73.6 62.2 65.0 70.1 72.7 73.8 73.9 74.6 75.2 75.7 75.9 65.8 73.5 75.2 72.6
       
2021 76.6 73.7 76.0 76.2 77.1 77.1 78.0 77.8 77.1 78.2 78.9 78.8 75.4 76.8 77.6 78.6 77.1
2022 78.4 79.3 79.9 79.9 79.6 79.2 79.3 79.4 79.5 79.5 78.9 77.1 79.2 79.6 79.4 78.5 79.2
2023 78.3 78.5 77.8 78.4 78.2 77.6 77.8 77.6 77.7 77.1 77.3 77.3 78.2 78.0 77.7 77.2 77.8
2024 76.2 77.2 77.2 76.9                 76.9        
[1] The composition of manufacturing is specified in a note for the summary table.
[2] Quarterly percentage changes are at annual rates. Annual percentage changes are calculated from annual averages.
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Last Update: May 16, 2024