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

Release Date: November 16, 2007
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
2002=100 Percent change
2007 2007 Oct. '06 to
Oct. '07
July Aug. Sept. Oct. July Aug. Sept. Oct.
       
Total index  114.2  114.4  114.6  114.0     .6     .1     .2    -.5    1.8
   Previous estimates  114.2  114.3  114.4           .6     .0     .1    
       
Major market groups      
Final Products  115.4  115.1  115.2  114.6     .6    -.2     .1    -.5    1.9
   Consumer goods  109.7  109.6  109.4  108.7     .5    -.1    -.2    -.7    1.3
   Business equipment  133.9  133.3  134.4  134.3    1.3    -.4     .9    -.1    4.6
Nonindustrial supplies  111.2  111.6  111.8  111.0     .0     .3     .2    -.7     .1
   Construction  109.9  109.6  108.9  108.5    -.2    -.3    -.6    -.4     .1
Materials  114.2  114.7  115.0  114.5     .9     .4     .3    -.4    2.3
       
Major industry groups      
Manufacturing (see note below)  116.6  116.1  116.3  115.8     .8    -.4     .2    -.4    2.1
   Previous estimates  116.6  116.1  116.2           .8    -.4     .1    
Mining  101.3  101.3  101.9  101.3     .9     .0     .6    -.6     .4
Utilities  106.2  111.8  111.7  109.9   -1.0    5.2    -.1   -1.6     .1

 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
Oct. '06 to
Oct. '07
Average
1972-2006
1994-95
High
2001-02
Low
2006
Oct.
2007
July Aug. Sept. Oct.
       
Total industry   81.0   85.1   73.6   81.7   82.2   82.2   82.2   81.7    1.9
   Previous estimates                           82.2   82.1   82.1            
       
Manufacturing (see note below)   79.8   84.6   71.6   80.1   81.0   80.5   80.5   80.1    2.2
   Previous estimates                           81.0   80.5   80.4            
Mining   87.4   88.9   84.8   91.0   90.9   90.9   91.5   90.9     .5
Utilities   86.7   93.7   83.8   88.0   84.0   88.3   88.1   86.7    1.6
       
Stage-of-process groups      
Crude   86.5   89.5   82.0   89.1   90.0   90.1   91.0   90.2     .4
Primary and semifinished   82.2   88.2   74.6   83.3   82.5   83.0   82.8   82.2    2.3
Finished   77.8   80.5   70.0   77.6   79.3   78.7   78.7   78.3    1.9

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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