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G.17 - Industrial Production and Capacity Utilization - last released Friday, March 15, 2019

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Seasonal Factors for domestic auto and truck production have been revised

Seasonal factors for auto and truck production were from January 2014 through June 2020 on March 15, 2019. The revised factors for December 2018 through February 2019 were used in the G.17 release issued on March 15, 2019, and the revised factors for earlier months will be incorporated into the production estimates at the time of the annual revision on March 27, 2019. The revised seasonal factors are based on production data through January 2019. The factors reflect the holiday schedule in place from the domestic autoworkers' current contract, which expires in September 2019. The same holiday pattern is assumed to prevail through June 2020. The factors will be revised if a different holiday schedule is put in place when the new contract is signed. The seasonal factors are also scheduled to be revised again in March 2020.

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