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

Release Date: July 17, 2007
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
2002=100 Percent change
2007 2007 June '06 to
June '07
Mar. Apr. May June Mar. Apr. May June
       
Total index  112.4  112.9  112.8  113.4    -.1     .4    -.1     .5    1.4
   Previous estimates  112.2  112.7  112.7          -.3     .4     .0    
       
Major market groups      
Final Products  113.7  114.1  113.7  114.3    -.4     .4    -.4     .6    1.9
   Consumer goods  108.6  109.1  108.5  109.3    -.8     .4    -.5     .7    1.5
   Business equipment  130.6  130.7  130.7  130.7    1.1     .1     .0     .0    3.4
Nonindustrial supplies  110.3  110.8  110.8  111.3     .1     .5     .0     .4     .4
   Construction  107.9  108.1  108.4  109.5    1.1     .1     .3    1.0   -1.5
Materials  112.0  112.5  112.5  113.2     .1     .5     .1     .6    1.2
       
Major industry groups      
Manufacturing (see note below)  114.4  114.7  114.7  115.3     .7     .2     .0     .6    1.6
   Previous estimates  114.4  114.6  114.7           .6     .2     .1    
Mining  100.2  100.1  100.4  101.0     .1    -.1     .3     .5    -.1
Utilities  106.6  109.6  107.8  108.1   -6.6    2.8   -1.6     .3     .7

 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
June '06 to
June '07
Average
1972-2006
1994-95
High
2001-02
Low
2006
June
2007
Mar. Apr. May June
       
Total industry   81.0   85.1   73.6   82.3   81.4   81.6   81.4   81.7    2.1
   Previous estimates                           81.2   81.5   81.3            
       
Manufacturing (see note below)   79.8   84.6   71.6   80.8   80.0   80.1   79.9   80.3    2.3
   Previous estimates                           80.0   80.0   79.9            
Mining   87.4   88.9   84.8   91.5   90.0   89.9   90.2   90.7     .8
Utilities   86.7   93.7   83.8   86.8   84.7   86.9   85.4   85.6    2.1
       
Stage-of-process groups      
Crude   86.5   89.5   82.0   89.2   89.1   89.0   89.1   89.5     .4
Primary and semifinished   82.2   88.2   74.6   84.3   82.0   82.2   82.0   82.4    2.7
Finished   77.8   80.5   70.0   77.7   78.2   78.5   78.1   78.3    2.0

r Revised. p Preliminary.
Note. The statistics in this release cover output, capacity, and capacity utilization in the
U.S. industrial sector, which is defined by the Federal Reserve to comprise manufacturing,
mining, and electric and gas utilities. Mining is defined as all industries in sector 21 of the
North American Industry Classification System (NAICS); electric and gas utilities are those in
NAICS sectors 2211 and 2212. Manufacturing comprises NAICS manufacturing industries (sector 31-33)
plus the logging industry and the newspaper, periodical, book, and directory publishing industries.
Logging and publishing are classified elsewhere in NAICS (under agriculture and information
respectively), but historically they were considered to be manufacturing and were included in
the industrial sector under the Standard Industrial Classification (SIC) system. In December 2002
the Federal Reserve reclassified all its industrial output data from the SIC system to NAICS.


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