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Statistical Supplement | November 2005

Statistical Supplement to the Federal Reserve Bulletin, November 2005

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2004 2005 2004 2005 2004 2005
Q4r Q1r Q2r Q3r Q4r Q1r Q2r Q3r Q4r Q1r Q2r Q3r
  Ouput (2002=100) Capacity (percent of 2002 output) Capacity utilization rate (percent)2
1 Total industry 106.2 107.2 107.6 107.9 133.7 134.2 134.7 135.3 79.4 79.9 79.9 79.7
 
2 Manufacturing 107.1 108.3 108.6 109.2 137.0 137.6 138.3 139.1 78.2 78.7 78.5 78.5
3 Manufacturing (NAICS) 107.6 108.7 109.0 109.7 138.3 138.9 139.6 140.4 77.8 78.3 78.1 78.1
 
4 Durable manufacturing 112.4 114.2 114.9 116.8 147.3 148.5 150.0 151.5 76.3 76.9 76.6 77.1
5 Primary metal 105.2 102.7 98.0 98.9 123.7 123.7 123.8 123.9 85.0 83.0 79.1 79.8
 
6 Fabricated metal products 104.7 105.2 105.6 106.5 141.7 141.9 142.2 142.6 73.9 74.2 74.3 74.6
7 Machinery 113.2 114.1 114.6 115.2 144.5 144.4 144.3 144.3 78.3 79.0 79.4 79.8
8 Computer and electronic products 137.7 146.1 151.8 159.7 188.9 194.5 201.2 208.6 72.9 75.1 75.4 76.5
9 Electrical equipment, appliances, and components 103.4 103.9 104.4 107.5 127.6 127.2 126.8 126.5 81.1 81.7 82.3 84.9
10 Motor vehicles and parts 109.7 110.6 109.4 112.6 136.2 137.1 138.2 139.5 80.5 80.7 79.1 80.7
11 Aerospace and miscellaneous transportation equipment 103.3 106.0 110.1 105.6 158.5 159.1 159.8 160.6 65.2 66.6 68.8 65.8
12 Nondurable manufacturing 101.8 102.1 102.0 101.2 127.5 127.4 127.3 127.3 79.9 80.1 80.1 79.5
13 Food, beverage, and tobacco products 102.5 103.2 104.0 104.3 129.2 129.3 129.3 129.4 79.4 79.8 80.4 80.6
14 Textile and product mills 91.8 91.9 90.1 91.8 122.3 121.3 120.3 119.4 75.1 75.8 74.9 76.9
 
15 Paper 99.1 99.8 97.6 96.3 116.0 116.0 115.9 115.8 85.5 86.0 84.2 83.1
16 Petroleum and coal products 106.1 106.2 106.8 102.5 113.6 113.7 113.9 114.0 93.4 93.4 93.8 89.9
17 Chemical 104.3 104.1 104.0 101.3 134.8 135.1 135.3 135.6 77.4 77.1 76.8 74.7
18 Plastics and rubber products 103.3 103.7 103.2 104.7 121.5 121.3 121.1 120.8 85.0 85.5 85.3 86.7
19 Other manufacturing (non-NAICS) 99.7 102.1 102.6 100.9 117.4 117.7 117.8 117.9 84.9 86.8 87.1 85.6
 
20 Mining 99.4 100.4 100.4 96.4 112.5 112.2 112.0 111.9 88.3 89.4 89.6 86.1
21 Electric and gas utilities 103.7 103.1 104.8 107.1 122.8 123.0 123.0 122.9 84.4 83.9 85.2 87.2
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 148.6 159.5 165.7 176.1 204.1 211.9 221.8 233.6 72.8 75.3 74.7 75.4
 
23 Total excluding computers, communications equipment, and semiconductors 104.1 104.7 104.9 104.8 130.4 130.5 130.7 130.8 79.8 80.2 80.3 80.1
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 104.6 105.3 105.4 105.5 133.1 133.3 133.5 133.8 78.6 79.0 78.9 78.9

Note. The statistics in the G.17 statistical 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 consists of those industries included in the North American Industry Classification System, or NAICS, manufacturing plus those industries--logging and newspaper, periodical, book, and directory publishing--that have traditionally been considered manufacturing and included in the industrial sector.

1. Data in this table also appear in the Board's G.17 (419) monthly statistical release. The latest historical revision of the industrial production index and the capacity utilization rates was released in November 2005. The recent annual revision will be described in an upcoming issue of the Federal Reserve Bulletin.   Return to table

2. Monthly highs, 1978-80; monthly lows, 1982.   Return to table

3. Monthly highs, 1988-89; monthly lows, 1990-91.   Return to table

4. Capacity utilization is calculated as the ratio of the Federal Reserve's seasonally adjusted index of industrial production to the corresponding index of capacity.   Return to table

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Last update: April 12, 2006