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

Release Date: November 14, 2003
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
  1997=100 Percent change
  2003       2003       Oct. '02 to
Industrial production July Aug. Sept. Oct. July Aug. Sept. Oct. Oct. '03
                   
Total index  110.8  111.0  111.5  111.8     .8     .2     .5     .2     .6
   Previous estimates  110.8  110.8  111.3           .7     .1     .4    
                   
Major market groups                  
Final Products  107.1  107.3  107.8  107.4     .6     .2     .4    -.3    -.1
   Consumer goods  105.8  105.9  106.2  105.8     .7     .0     .3    -.3    -.8
   Business equipment  109.3  110.0  110.8  110.2     .3     .6     .7    -.5    1.2
Nonindustrial supplies  108.7  109.0  108.8  109.9     .8     .3    -.1    1.0     .5
   Construction  101.5  101.9  102.2  103.2     .7     .4     .3    1.0     .0
Materials  115.4  115.5  116.5  116.9     .9     .1     .8     .4    1.4
                   
Major industry groups                  
Manufacturing (see note below)  111.8  111.8  112.6  112.7     .5     .0     .7     .1     .7
   Previous estimates  111.7  111.5  112.3           .5    -.2     .7    
Mining   93.4   93.0   94.0   93.2     .2    -.4    1.0    -.8    1.5
Utilities  111.3  113.3  111.0  113.2    3.1    1.8   -2.0    2.0    -.2

    Capacity
  Percent of capacity growth
  Average 1982 1988-89 2002 2003       Oct. '02 to
Capacity utilization 1972-2002 Low High Oct. July Aug. Sept. Oct. Oct. '03
                   
Total industry   81.3   70.9   85.2   75.4   74.5   74.6   74.9   75.0    1.1
   Previous estimates                           74.5   74.5   74.8            
                   
Manufacturing (see note below)   80.2   68.7   85.6   73.7   73.0   73.0   73.5   73.5    1.0
   Previous estimates                           73.0   72.8   73.3            
Mining   86.9   78.6   85.6   83.2   85.0   84.7   85.6   84.9    -.5
Utilities   87.0   77.6   92.8   87.9   83.4   84.6   82.7   84.0    4.5
                   
Stage-of-process groups                  
Crude   86.4   77.2   88.5   82.1   83.9   83.3   84.1   83.5   -1.2
Primary and semifinished   82.4   68.1   86.4   77.8   76.3   76.6   76.7   77.4    1.8
Finished   78.4   71.3   83.2   71.3   70.8   70.7   71.1   70.7     .9

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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