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Statistical Supplement | November 2007

Statistical Supplement to the Federal Reserve Bulletin, November 2007

2.12  Output, Capacity, and Capacity Utilization1
Seasonally adjusted
Series 2006 2007 2006 2007 2006 2007
Q4 Q1 Q2 Q3r Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3r
  Ouput (2002=100) Capacity (percent of 2002 output) Capacity utilization rate (percent)2
1 Total industry 111.9 112.2 113.2 114.4 137.3 138.0 138.6 139.2 81.5 81.3 81.7 82.2
 
2 Manufacturing 113.7 113.9 115.1 116.3 141.9 142.7 143.5 144.2 80.1 79.8 80.3 80.7
3 Manufacturing (NAICS) 114.6 114.9 116.1 117.4 143.5 144.3 145.1 145.9 79.9 79.6 80.0 80.5
 
4 Durable manufacturing 121.7 121.6 123.8 125.8 155.1 156.6 157.9 159.1 78.5 77.7 78.4 79.0
5 Primary metal 105.3 107.8 111.3 112.4 128.0 127.7 127.9 128.4 82.2 84.4 87.0 87.5
 
6 Fabricated metal products 110.0 109.9 111.3 112.7 137.2 137.7 138.1 138.6 80.2 79.9 80.6 81.3
7 Machinery 119.5 116.6 117.4 119.3 147.6 148.6 149.4 150.1 80.9 78.4 78.6 79.4
8 Computer and electronic products 180.3 181.7 185.4 192.6 233.2 241.2 249.5 258.0 77.3 75.3 74.3 74.7
9 Electrical equipment, appliances, and components 105.9 107.3 109.1 109.6 125.6 126.2 126.5 126.8 84.3 85.0 86.2 86.5
10 Motor vehicles and parts 100.1 98.2 101.3 101.6 134.0 133.4 132.1 130.6 74.7 73.6 76.7 77.8
11 Aerospace and miscellaneous transportation equipment 127.5 130.6 131.9 135.3 161.8 162.8 163.6 164.4 78.8 80.3 80.6 82.3
12 Nondurable manufacturing 106.8 107.5 107.8 108.3 130.9 131.1 131.4 131.7 81.6 82.0 82.0 82.3
13 Food, beverage, and tobacco products 111.4 112.5 113.6 114.1 135.6 136.2 136.8 137.5 82.2 82.6 83.0 83.0
14 Textile and product mills 89.0 87.1 87.7 83.5 117.5 116.7 115.9 115.1 75.8 74.6 75.6 72.5
 
15 Paper 98.6 97.1 96.7 96.6 115.3 115.1 114.9 114.7 85.5 84.3 84.1 84.2
16 Petroleum and coal products 109.3 111.6 109.6 109.9 121.3 120.9 120.8 120.9 90.1 92.3 90.7 90.9
17 Chemical 109.8 110.1 110.6 112.1 141.2 141.5 141.8 142.1 77.7 77.8 78.0 78.9
18 Plastics and rubber products 104.6 106.3 108.5 109.7 123.4 124.4 125.2 126.0 84.8 85.4 86.7 87.0
19 Other manufacturing (non-NAICS) 99.2 98.7 99.3 98.8 117.3 117.6 117.8 118.0 84.6 84.0 84.3 83.8
 
20 Mining 101.4 100.1 100.2 101.5 111.0 111.3 111.4 111.4 91.3 90.0 89.9 91.1
21 Electric and gas utilities 106.4 108.6 108.3 109.9 125.1 125.8 126.2 126.6 85.0 86.4 85.8 86.8
 
  MEMOS  
22 Computers, communications equipment, and semiconductors 216.4 221.2 229.8 244.7 271.4 283.8 296.7 310.3 79.7 77.9 77.4 78.9
 
23 Total excluding computers, communications equipment, and semiconductors 107.8 107.9 108.7 109.5 131.8 132.1 132.4 132.6 81.8 81.7 82.1 82.6
 
24 Manufacturing excluding computers, communications equipment, and semiconductors 108.6 108.7 109.7 110.4 135.2 135.6 135.9 136.2 80.3 80.2 80.7 81.0

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 latest historical revision of the industrial production index and the capacity utilization rates was released in December 2006. The recent 2006 annual revision is described in a 2007 article in the Federal Reserve Bulletin, (vol. 93).   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 27, 2007