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Statistical Supplement | December 2006

Statistical Supplement to the Federal Reserve Bulletin, December 2006

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2005 2006 2005 2006 2005 2006
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 108.1 109.5 111.2 112.3 134.1 134.9 135.7 136.5 80.7 81.2 82.0 82.3
 
2 Manufacturing 110.0 111.5 113.0 114.2 138.2 139.2 140.2 141.1 79.6 80.1 80.6 80.9
3 Manufacturing (NAICS) 110.7 112.3 113.9 115.2 139.6 140.6 141.6 142.6 79.3 79.8 80.4 80.8
 
4 Durable manufacturing 116.3 117.9 120.6 122.2 148.8 150.5 152.1 153.6 78.1 78.3 79.3 79.5
5 Primary metal 109.1 112.5 116.4 114.3 130.4 130.0 129.4 128.7 83.7 86.5 89.9 88.8
 
6 Fabricated metal products 106.0 107.4 109.0 110.4 135.9 136.1 136.4 136.8 78.0 78.9 79.9 80.7
7 Machinery 113.5 112.7 115.0 120.5 144.0 144.7 145.6 146.6 78.8 77.9 79.0 82.2
8 Computer and electronic products 152.4 156.5 166.3 174.3 203.1 210.9 218.5 225.8 75.1 74.2 76.1 77.2
9 Electrical equipment, appliances, and components 103.4 104.6 106.3 106.9 124.0 124.1 124.5 125.1 83.4 84.3 85.3 85.4
10 Motor vehicles and parts 104.0 103.8 103.8 101.1 132.4 133.0 133.4 133.8 78.6 78.1 77.8 75.6
11 Aerospace and miscellaneous transportation equipment 111.1 117.0 121.2 124.8 158.2 158.9 159.8 160.8 70.3 73.6 75.8 77.6
12 Nondurable manufacturing 104.4 106.1 106.5 107.5 129.6 129.9 130.3 130.6 80.6 81.7 81.8 82.4
13 Food, beverage, and tobacco products 108.6 109.1 109.2 109.4 133.4 133.9 134.4 135.0 81.4 81.5 81.2 81.0
14 Textile and product mills 96.5 95.6 93.9 92.6 120.9 120.0 119.1 118.3 79.8 79.7 78.9 78.3
 
15 Paper 98.7 98.6 98.1 98.8 116.2 115.9 115.7 115.5 85.0 85.1 84.8 85.5
16 Petroleum and coal products 106.5 110.0 108.8 113.3 121.2 121.7 121.8 121.6 87.9 90.4 89.3 93.1
17 Chemical 105.8 109.0 110.4 111.9 139.9 140.2 140.6 140.9 75.7 77.8 78.5 79.4
18 Plastics and rubber products 104.4 105.2 106.6 107.0 119.5 120.3 121.2 122.3 87.3 87.4 87.9 87.5
19 Other manufacturing (non-NAICS) 99.0 98.0 98.4 97.4 116.2 116.5 116.8 117.0 85.2 84.2 84.3 83.2
 
20 Mining 93.9 98.6 100.5 100.6 110.4 110.3 110.4 110.7 85.0 89.4 91.0 90.8
21 Electric and gas utilities 106.0 102.7 106.1 107.3 122.6 122.9 123.6 124.3 86.5 83.5 85.9 86.3
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 173.7 179.2 192.7 204.7 226.9 238.4 249.5 260.2 76.5 75.2 77.2 78.7
 
23 Total excluding computers, communications equipment, and semiconductors 105.2 106.4 107.7 108.5 130.0 130.4 130.8 131.3 80.9 81.6 82.3 82.6
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 106.5 107.7 108.7 109.5 133.4 133.9 134.3 134.8 79.8 80.5 80.9 81.3

Note: The statistics in this release cover output, capacity, and capacity utilization in the 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, or NAICS; electric and gas utilities are those in NAICS sectors 2211 and 2212. Manufacturing comprises NAICS 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.

1. Data in this table appear in the Board's G.17(419) monthly statistical release. The data are also available on the Board's website, www.federalreserve.gov/releases/g17. The latest historical revision of the industrial production index and the capacity utilization rates was released in December 2006. 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: December 21, 2006