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

Release Date: March 28, 2008

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Table 3
RATES OF CHANGE IN INDUSTRIAL PRODUCTION, SPECIAL AGGREGATES AND SELECTED DETAIL: 2003-2007 [1]
 
 
 
Item
 
 
 
NAICS 
 
Revised change
(percent)
Difference between
revised and earlier changes
(percentage points)
2003 2004 2005 2006 2007  2003 2004 2005 2006 2007
       
Total industry      1.5    3.1    2.6    1.7    2.1     .4     .1    -.6   -1.8     .4
       
Energy       .7    1.3   -1.8    3.7    2.3     .1    -.2     .0    -.3    -.5
   Consumer products     -1.8    3.9    1.7    -.2    1.9    -.1     .2     .1    -.8     .0
   Commercial products      4.7    4.5     .4    1.2    2.0     .0     .0    -.1   -1.1   -1.2
   Oil and gas well drilling 213111   21.3    8.4   11.9   14.8    -.8     .1     .1     .1     .1    -.2
   Converted fuel      1.0    2.3   -2.6    2.5    5.2     .0     .2    -.1     .3   -1.1
   Primary energy      -.1   -1.7   -4.6    6.4    1.8     .3    -.5     .3    -.4    -.1
       
Non-energy      1.7    3.5    3.9    1.1    2.1     .4     .2    -.7   -2.2     .6
   Selected high-technology industries     23.8    9.4   22.4   17.3   20.9    6.7   -1.0   -5.7   -7.3    4.0
      Computers and peripheral equipment 3341    9.9    1.6   28.8   18.0   16.7    5.1   -4.9   -1.5    5.9   -7.8
      Communications equipment 3342   17.4     .7   13.7   20.6   18.6    3.5   -5.5     .8    5.8    3.8
      Semiconductors and related 
         electronic components
334412-9   34.0   17.3   24.0   15.4   24.2    9.5    3.6   -9.7  -19.4    9.7
       
   Excluding selected high-technology 
         industries
      .2    3.1    2.7     .0     .9     .0     .3    -.4   -1.9     .3
       
      Motor vehicles and parts 3361-3    3.2   -1.4    -.3   -5.9   -2.1     .1     .3    -.6   -2.1    -.3
         Motor vehicles 3361    7.7   -2.7   -2.3   -7.0   -2.5     .0     .3     .2   -1.0   -1.0
         Motor vehicle parts 3363   -1.9    -.8    -.6   -4.3     .5     .2     .3   -1.9   -4.1     .6
       
      Excluding motor vehicles and parts      -.1    3.6    3.0     .6    1.1     .0     .3    -.4   -1.9     .4
         Consumer goods      1.1    2.3    3.1    1.0     .3     .0    -.1    -.5    -.8     .0
         Business equipment     -2.0    5.2    7.3    5.8    3.1    -.4     .8   -1.6   -4.4     .8
         Construction supplies       .7    1.7    7.5   -3.7   -1.7    -.1     .2    -.4   -1.5    -.5
         Business supplies      -.9    2.2    2.4   -1.6    -.1     .1     .2    -.7   -2.6     .0
         Materials      -.5    5.0     .6     .7    1.9    -.1     .6    -.2   -1.6     .6
       
Measures excluding selected high-technology 
      industries
     
Total industry       .3    2.7    1.6     .9    1.2     .0     .2    -.4   -1.5     .2
   Manufacturing       .2    3.3    2.5     .1    1.1     .0     .3    -.4   -1.9     .3
      Durable       .6    3.2    4.7    -.5    1.6    -.1     .4    -.5   -2.5     .5
       
Measures excluding motor vehicles and parts      
Total industry      1.4    3.5    2.8    2.1    2.4     .4     .1    -.6   -1.8     .4
   Manufacturing      1.6    4.2    4.0    1.7    2.6     .4     .2    -.7   -2.2     .6
      Durable      3.5    5.1    8.1    2.8    4.8     .9     .2   -1.1   -3.2    1.2
       
Measures excluding selected high-technology 
      industries and motor vehicles and parts
     
Total industry       .1    3.1    1.7    1.4    1.4     .0     .2    -.3   -1.5     .3
   Manufacturing      -.1    3.8    2.7     .6    1.4    -.1     .3    -.4   -1.9     .4
       
Measures of non-energy materials 
     inputs to
     
Finished processors      3.7    6.0    5.6    2.8    4.9    1.4     .8   -2.7   -6.2    2.5
Primary and semifinished processors       .7    4.9     .1     .3    2.4     .0     .5     .1   -1.0     .2
       
Stage-of-process groups      
Crude      -.3    2.6   -6.6    7.2    1.8     .1    -.4     .7     .3    -.4
Primary and semifinished      1.1    3.7    3.3   -1.0    2.5     .5     .5   -1.0   -3.3     .7
Finished      2.7    2.4    5.4    3.4    1.7     .3    -.2    -.2    -.6     .2

Note: Estimates for the fourth quarter of 2007 are subject to further revision in the upcoming monthly releases.
[1] Rates of change are calculated as the percent change in the seasonally adjusted index from the fourth quarter of the
previous year to the fourth quarter of the year specified in the column heading. For 2007, the rates are
calculated from the fourth quarter of 2006 to the fourth quarter of 2007 and annualized. Return to table
[2] Manufacturing consists of those industries included in the North American Industry
Classification System, or NAICS, definition of manufacturing plus those industries--logging and
newspaper, periodical, book and directory publishing--that have traditionally been considered
to be a part of manufacturing and are included in the industrial sector.






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