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

Release Date: June 15, 2005
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
1997=100 Percent change
2005 2005 May '04 to
May '05
Feb. Mar. Apr. May Feb. Mar. Apr. May
                   
Total index  118.3  118.5  118.2  118.6     .5     .2    -.3     .4    2.7
   Previous estimates  118.3  118.5  118.3           .5     .1    -.2    
                   
Major market groups                  
Final Products  116.6  116.7  116.3  117.0     .7     .1    -.3     .6    3.4
   Consumer goods  113.3  113.3  112.3  112.9     .8     .1    -.9     .5    1.4
   Business equipment  125.4  125.5  126.8  127.8     .1     .1    1.0     .8    8.2
Nonindustrial supplies  114.9  115.5  115.6  115.8     .2     .6     .0     .2    2.6
   Construction  109.6  109.5  109.9  110.2    1.0    -.1     .4     .3    2.6
Materials  121.2  121.4  120.9  121.3     .4     .1    -.4     .3    2.0
                   
Major industry groups                  
Manufacturing (see note below)  120.6  120.4  120.3  121.0     .4    -.2    -.1     .6    3.4
   Previous estimates  120.8  120.4  120.5           .5    -.3     .0    
Mining   93.0   92.9   92.9   93.1    2.4    -.1     .1     .1    1.6
Utilities  113.4  117.5  114.7  113.8    -.6    3.6   -2.4    -.7   -2.0

 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
May '04 to
May '05
Average
1972-2004
1982
Low
1988-89
High
2004
May
2005
Feb. Mar. Apr. May
                   
Total industry   81.0   70.8   85.1   78.2   79.4   79.4   79.1   79.4    1.2
   Previous estimates                           79.4   79.4   79.2            
                   
Manufacturing (see note below)   79.8   68.5   85.6   76.7   78.3   78.0   77.9   78.2    1.3
   Previous estimates                           78.3   78.0   77.9            
Mining   87.1   78.6   85.8   86.6   88.3   88.2   88.3   88.5    -.6
Utilities   86.8   77.7   92.8   86.4   83.3   86.2   84.1   83.4    1.5
                   
Stage-of-process groups                  
Crude   86.4   77.3   88.9   85.8   86.8   86.7   86.6   87.0    -.4
Primary and semifinished   82.1   68.0   86.5   80.1   80.1   80.5   79.9   80.0    2.1
Finished   77.9   71.1   83.1   74.4   77.0   76.8   76.7   77.1     .5

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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