Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization - G.17

Current Release (273 KB PDF) (ASCII)

Release Date: March 17, 2017

Industrial Production and Capacity Utilization: Summary

Seasonally adjusted
Industrial production 2012=100 Percent change
2016 2017 2016 2017 Feb. '16 to
Feb. '17
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p] Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total index 104.1 104.4 104.1 104.8 104.7 104.7 -.3 .3 -.3 .6 -.1 .0 .3
Previous estimates 104.1 104.4 104.2 104.8 104.6   -.3 .3 -.2 .6 -.3    
       
Major market groups
Final Products 100.8 100.9 100.2 101.3 101.3 101.2 -.3 .0 -.7 1.1 .0 .0 .6
Consumer goods 103.9 103.8 102.8 104.0 103.9 103.5 -.3 -.1 -1.0 1.2 -.1 -.4 .0
Business equipment 101.9 102.2 101.8 102.7 102.6 103.4 -.3 .3 -.4 .9 -.1 .7 1.5
Nonindustrial supplies 105.4 105.5 105.8 106.0 106.1 106.4 .3 .1 .3 .2 .1 .3 -.2
Construction 108.6 109.5 110.4 110.1 111.7 113.1 .5 .8 .9 -.3 1.4 1.3 1.7
Materials 106.2 106.8 106.8 107.2 107.0 107.0 -.6 .6 .0 .3 -.1 -.1 .2
       
Major industry groups
Manufacturing (see note below) 102.9 103.2 103.3 103.5 104.0 104.5 .1 .3 .1 .2 .5 .5 1.2
Previous estimates 103.0 103.3 103.3 103.5 103.8   .1 .3 .0 .2 .2    
Mining 102.9 107.1 106.8 105.4 107.7 110.6 -.5 4.1 -.2 -1.4 2.2 2.7 1.8
Utilities 105.1 102.3 99.7 105.1 99.0 93.4 -2.8 -2.7 -2.5 5.4 -5.8 -5.7 -7.0

Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2016
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2016
Feb.
   
2016 2017 Feb. '16 to
Feb. '17
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total industry 79.9 85.3 78.8 85.0 66.7 75.6 75.3 75.4 75.2 75.6 75.5 75.4 .6
Previous estimates             75.3 75.5 75.2 75.6 75.3    
       
Manufacturing (see note below) 78.4 85.6 77.3 84.6 63.8 75.4 74.8 74.9 74.9 75.0 75.3 75.6 .8
Previous estimates             74.8 75.0 74.9 75.0 75.1    
Mining 87.0 86.2 83.8 88.6 79.0 76.8 74.5 77.7 77.7 76.8 78.4 80.5 -2.9
Utilities 85.6 93.2 84.7 93.2 78.2 76.9 80.1 77.9 75.9 80.0 75.3 70.9 .8
       
Stage-of-process groups
Crude 86.1 87.6 84.5 90.1 77.0 76.5 75.6 77.7 78.2 77.6 78.8 79.6 -2.0
Primary and semifinished 80.5 86.5 78.1 87.8 63.8 75.8 75.5 75.2 74.8 75.7 74.9 74.3 1.1
Finished 76.9 83.4 77.3 80.6 66.6 75.2 74.9 75.0 74.7 75.1 75.2 75.5 .7

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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Last update: March 17, 2017