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

Release Date: April 15, 2005
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
1997=100 Percent change
2004
Dec.
2005 2004
Dec.
2005 Mar. '04 to
Mar. '05
Jan. Feb. Mar. Jan. Feb. Mar.
                   
Total index  117.9  117.9  118.2  118.5     .8     .0     .2     .3    3.9
   Previous estimates  117.9  118.0  118.4           .8     .1     .3    
                   
Major market groups                  
Final Products  116.0  115.9  116.4  116.5     .9    -.1     .4     .1    4.3
   Consumer goods  113.1  112.6  113.2  113.0     .8    -.5     .5    -.1    2.4
   Business equipment  123.7  124.9  125.1  125.3    1.3    1.0     .1     .2    8.7
Nonindustrial supplies  114.6  114.8  114.7  115.3     .8     .2    -.1     .6    3.6
   Construction  107.8  108.0  108.7  108.6     .0     .1     .7    -.1    2.7
Materials  121.0  121.1  121.1  121.7     .8     .1     .0     .4    3.5
                   
Major industry groups                  
Manufacturing (see note below)  119.7  120.1  120.5  120.4     .5     .3     .3    -.1    4.1
   Previous estimates  119.7  120.3  120.9           .5     .5     .5    
Mining   91.4   91.4   91.8   92.4     .9    -.1     .4     .7     .3
Utilities  118.5  115.8  114.5  118.7    3.1   -2.3   -1.1    3.6    4.9

 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
Mar. '04 to
Mar. '05
Average
1972-2004
1982
Low
1988-89
High
2004
Mar.
2004
Dec.
2005
Jan. Feb. Mar.
                   
Total industry   81.0   70.8   85.1   77.4   79.2   79.2   79.3   79.4    1.2
   Previous estimates                           79.2   79.2   79.4            
                   
Manufacturing (see note below)   79.8   68.5   85.6   75.9   77.9   78.0   78.2   78.0    1.3
   Previous estimates                           77.9   78.2   78.5            
Mining   87.1   78.6   85.8   87.1   86.7   86.6   87.1   87.8    -.5
Utilities   86.8   77.7   92.8   84.4   87.2   85.1   84.1   87.1    1.7
                   
Stage-of-process groups                  
Crude   86.4   77.3   88.9   85.3   86.4   86.2   86.3   86.7    -.3
Primary and semifinished   82.1   68.0   86.5   79.3   80.7   80.5   80.1   80.6    2.3
Finished   77.9   71.1   83.1   73.5   76.2   76.3   76.9   76.6     .3

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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