Federal Reserve Statistical Release, G.17, Industrial Production and Capacity Utilization; title with eagle logo links to Statistical Release home page

Release Date: October 16, 2003
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
  1997=100 Percent change
  2003       2003       Sept. '02 to
Industrial production June July Aug. Sept. June July Aug. Sept. Sept. '03
                   
Total index  109.4  110.2  110.2  110.6    -.1     .8    -.1     .4    -.6
   Previous estimates  109.3  110.1  110.2          -.1     .7     .1    
                   
Major market groups                  
Final Products  106.3  106.9  106.8  107.4     .0     .6    -.1     .5    -.1
   Consumer goods  106.5  107.2  106.8  107.4    -.2     .7    -.4     .6    -.5
   Business equipment  105.5  105.8  106.5  107.0     .4     .3     .7     .4     .1
Nonindustrial supplies  112.9  113.6  113.8  113.7    -.4     .6     .2    -.1   -1.8
   Construction  101.1  101.2  101.4  101.3    -.4     .1     .2    -.2   -3.1
Materials  111.1  112.3  112.2  112.7     .0    1.1    -.1     .4    -.6
                   
Major industry groups                  
Manufacturing (see note below)  110.4  111.0  110.6  111.4     .1     .5    -.3     .7    -.6
   Previous estimates  110.4  110.9  110.7           .2     .4    -.1    
Mining   93.5   93.5   93.9   93.9     .9     .0     .4     .0    1.8
Utilities  107.9  111.8  113.8  111.2   -2.8    3.5    1.8   -2.2   -1.9

    Capacity
  Percent of capacity growth
  Average 1982 1988-89 2002 2003       Sept. '02 to
Capacity utilization 1972-2002 Low High Sept. June July Aug. Sept. Sept. '03
                   
Total industry   81.3   70.8   85.1   76.0   74.1   74.6   74.5   74.7    1.1
   Previous estimates                           74.1   74.6   74.6            
                   
Manufacturing (see note below)   80.2   68.6   85.6   74.1   72.6   72.9   72.7   73.1     .8
   Previous estimates                           72.6   72.9   72.7            
Mining   86.9   78.6   85.6   83.8   84.7   84.7   85.0   84.9     .4
Utilities   86.7   77.2   92.6   88.4   80.8   83.4   84.5   82.4    5.3
                   
Stage-of-process groups                  
Crude   86.4   77.2   88.6   83.1   82.4   82.9   82.6   82.6    -.1
Primary and semifinished   82.2   67.9   86.2   78.6   75.8   76.5   76.6   76.6    1.5
Finished   78.5   71.3   83.1   71.3   70.4   70.6   70.3   70.9     .8

r Revised. p Preliminary.
The statistics in this 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 comprises those industries included in the North American Industry
Classification System, or NAICS, manufacturing plus the logging and newspaper, periodical,
book and directory publishing industries that have traditionally been considered manufacturing and included
in the industrial sector.


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