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Release Date: May 16, 2024
Table 14 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing [1] Excluding Selected High-Technology Industries [2]
Seasonally adjusted                                                                                                                                        
Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Q1 Q2 Q3 Q4 Annual
       
IP (percent
change) [3]
2002 .8 -.2 .7 .3 .5 1.0 -.2 .0 .0 -.3 .4 -.7 3.4 5.4 2.6 -1.1 .4
2003 .7 -.3 .0 -.9 -.1 .3 .1 -.7 .7 -.1 .8 -.2 .8 -4.2 .1 2.7 .0
2004 -.2 .7 -.1 .4 .7 -.7 .9 .4 -.1 .9 -.1 .7 1.5 3.3 3.8 4.9 2.0
2005 .5 .7 -.6 .3 .2 .1 -.5 .4 -1.4 1.4 .8 .0 5.1 1.4 -2.1 4.7 3.1
       
2006 .8 -.4 -.1 .3 -.4 .2 -.4 .6 -.1 -.5 .1 1.5 3.2 -.2 .0 .6 1.5
2007 -.4 .2 .6 .4 .0 .5 -.1 -.4 .1 -.4 .3 .0 3.7 4.3 .0 -1.0 1.8
2008 -.3 -.9 -.6 -1.2 -.7 -.8 -1.0 -1.3 -3.5 -.4 -2.3 -3.2 -3.9 -9.8 -14.1 -20.8 -5.9
2009 -3.3 -.2 -2.0 -.8 -1.1 -.3 1.6 1.2 1.0 .0 .9 -.2 -24.8 -11.5 8.9 6.4 -13.9
2010 .9 -.3 1.2 .8 1.3 .0 .5 .1 .0 .0 .0 .4 5.0 9.6 3.8 .9 5.1
       
2011 .0 .1 .7 -.6 .0 .1 .6 .4 .3 .6 -.2 .6 2.2 -.3 4.0 3.9 2.5
2012 .8 .4 -.6 .5 -.4 .2 -.2 -.1 -.3 -.3 .7 .7 5.0 -.1 -1.5 .6 2.3
2013 -.3 .4 -.1 -.4 .3 .2 -.9 .9 .1 .1 -.1 -.2 2.6 -.4 -.4 1.3 .5
2014 -1.1 .9 .9 -.1 .2 .3 .4 -.6 .0 -.1 .7 -.2 -1.4 4.3 1.2 .2 .8
2015 -.6 -.8 .4 -.1 .0 -.4 .8 -.3 -.3 -.1 -.2 -.3 -3.6 -.8 .9 -2.8 -.7
       
2016 .4 -.4 -.1 -.2 -.1 .2 .0 -.4 .1 .1 -.1 .0 -.8 -1.4 -.4 -.1 -1.0
2017 .2 -.1 -.4 1.1 -.2 .1 -.4 -.2 .0 1.0 .1 -.3 -.1 2.7 -2.1 3.7 .3
2018 -.4 1.1 -.1 .7 -.9 .6 .0 .3 .0 -.5 -.2 .3 .3 2.1 1.1 -1.7 1.1
2019 -.9 -.5 -.3 -.6 .1 .4 -.7 .7 -.6 -1.0 .8 .1 -5.0 -3.4 -.8 -2.3 -2.2
2020 -.2 .2 -4.8 -15.9 4.6 7.9 3.6 1.5 .0 .8 .6 .6 -5.1 -44.7 55.5 7.7 -6.8
       
2021 1.0 -4.1 3.1 .0 1.1 .0 1.1 -.3 -.9 1.4 .8 .0 -.5 5.5 3.8 4.8 4.8
2022 -.6 1.2 .8 .2 -.4 -.5 .2 .2 .2 .2 -.8 -2.1 3.0 2.8 -.1 -3.4 2.7
2023 1.7 .3 -.9 .8 -.2 -.7 .4 -.1 .2 -.7 .5 .0 -.1 -.2 -.9 -1.3 -.7
2024 -1.2 1.4 .1 -.3                 -.4        
       
IP
(2017 = 100)
2022 97.9 99.0 99.9 100.0 99.6 99.2 99.4 99.6 99.8 99.9 99.2 97.1 98.9 99.6 99.6 98.7 99.2
2023 98.8 99.1 98.2 99.0 98.8 98.1 98.5 98.3 98.5 97.8 98.3 98.3 98.7 98.6 98.4 98.1 98.5
2024 97.1 98.4 98.6 98.3                 98.0        
       
Capacity
(percent of
2017 output)
2022 124.8 124.9 124.9 125.0 125.0 125.1 125.2 125.3 125.4 125.5 125.6 125.7 124.9 125.0 125.3 125.6 125.2
2023 125.8 125.9 126.0 126.1 126.2 126.4 126.5 126.6 126.7 126.8 126.9 127.0 125.9 126.2 126.6 126.9 126.4
2024 127.2 127.3 127.4 127.6                 127.3        
       
Utilization
(percent)
2002 73.4 73.3 73.8 74.0 74.4 75.1 75.0 75.0 75.1 74.9 75.2 74.8 73.5 74.5 75.1 75.0 74.5
2003 75.4 75.2 75.2 74.5 74.5 74.7 74.9 74.4 75.0 75.0 75.7 75.6 75.2 74.6 74.8 75.4 75.0
2004 75.5 76.0 76.0 76.4 77.0 76.4 77.2 77.5 77.5 78.2 78.1 78.7 75.8 76.6 77.4 78.3 77.1
2005 79.0 79.5 79.0 79.2 79.3 79.3 78.8 79.0 77.8 78.7 79.2 79.1 79.2 79.2 78.5 79.0 79.0
       
2006 79.6 79.2 79.0 79.1 78.7 78.7 78.3 78.7 78.5 78.0 77.9 79.0 79.2 78.8 78.5 78.3 78.7
2007 78.5 78.7 79.1 79.3 79.2 79.6 79.5 79.1 79.2 78.8 79.0 79.0 78.8 79.4 79.2 78.9 79.1
2008 78.8 78.1 77.6 76.7 76.2 75.6 74.9 74.0 71.4 71.2 69.6 67.4 78.1 76.2 73.4 69.4 74.3
2009 65.3 65.2 64.0 63.6 63.0 62.9 64.1 64.9 65.7 65.8 66.6 66.5 64.8 63.2 64.9 66.3 64.8
2010 67.3 67.2 68.2 68.8 69.9 70.0 70.5 70.7 70.9 71.1 71.2 71.6 67.5 69.6 70.7 71.3 69.8
       
2011 71.8 72.0 72.6 72.3 72.3 72.5 72.9 73.2 73.5 73.9 73.7 74.1 72.1 72.3 73.2 73.9 72.9
2012 74.7 75.0 74.5 74.8 74.4 74.5 74.3 74.2 73.9 73.7 74.1 74.6 74.7 74.5 74.1 74.1 74.4
2013 74.4 74.7 74.6 74.3 74.6 74.7 74.1 74.8 74.9 75.0 75.0 74.9 74.6 74.5 74.6 75.0 74.7
2014 74.1 74.9 75.6 75.6 75.8 76.1 76.5 76.1 76.2 76.2 76.8 76.7 74.8 75.8 76.3 76.6 75.9
2015 76.4 75.8 76.2 76.3 76.3 76.1 76.7 76.6 76.4 76.3 76.1 75.9 76.1 76.2 76.6 76.1 76.3
       
2016 76.1 75.8 75.7 75.6 75.5 75.6 75.6 75.3 75.4 75.5 75.4 75.5 75.9 75.6 75.5 75.5 75.6
2017 75.7 75.7 75.5 76.3 76.3 76.4 76.3 76.2 76.3 77.2 77.4 77.2 75.6 76.4 76.3 77.3 76.4
2018 77.0 77.9 77.9 78.5 77.8 78.4 78.4 78.7 78.8 78.4 78.3 78.6 77.6 78.2 78.6 78.4 78.2
2019 77.9 77.5 77.3 76.9 77.0 77.3 76.8 77.4 76.9 76.2 76.9 77.0 77.6 77.1 77.0 76.7 77.1
2020 76.9 77.2 73.6 61.9 64.8 70.0 72.7 73.9 74.0 74.6 75.2 75.7 75.9 65.6 73.5 75.2 72.5
       
2021 76.6 73.6 76.0 76.1 77.0 77.1 78.0 77.8 77.1 78.2 78.9 78.9 75.4 76.7 77.6 78.7 77.1
2022 78.4 79.3 79.9 80.1 79.7 79.3 79.4 79.5 79.6 79.7 79.0 77.2 79.2 79.7 79.5 78.6 79.3
2023 78.5 78.7 77.9 78.5 78.3 77.6 77.9 77.7 77.7 77.1 77.4 77.4 78.4 78.1 77.8 77.3 77.9
2024 76.3 77.3 77.4 77.0                 77.0        
[1] The composition of manufacturing is specified in a note for the summary table.
[2] Selected high-technology industries are computers, communications equipment, and semiconductors and related electronic components.
[3] Quarterly percentage changes are at annual rates. Annual percentage changes are calculated from annual averages.
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Last Update: May 16, 2024