REVISION OF INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
The Federal Reserve Board will announce by the end of this week the date of the
upcoming annual revision to the index of industrial production (IP), the related measures of
capacity and capacity utilization, and the data on industrial use of electric power.
Comprehensive source data from the Census Bureau's 2002 Economic Census are now
available. In addition to these data, the revised IP indexes will incorporate data from selected
editions of the Census Bureau's 2002 and 2003 Current Industrial Reports. Annual data from the
U.S. Geological Survey regarding metallic and nonmetallic minerals (except fuels) for 2002 and
2003 will also be introduced. The updating will also include revisions to the monthly indicator
for each industry (either physical product data, production-worker hours, or electric power
usage) and revisions to seasonal factors.
Capacity and capacity utilization will be revised to incorporate preliminary data from the
Census Bureau's 2003 Survey of Plant Capacity, which covers manufacturing, along with new
data on capacity from the U.S. Geological Survey, the U.S. Department of Energy, and other
organizations. The statistics on the industrial use of electric power will incorporate additional
information received from utilities for the past few years and will include available data from the
2002 Economic Census.
Once the revision is published, it will be made available on the Board's website at
www.federalreserve.gov/releases/G17. The revised data will also be available through the
website of the Department of Commerce. Further information on these revisions is available
from the Board's Industrial Output Section (telephone 202-452-3197).
Release dates | Historical data |
Current Monthly Release
Other formats: ASCII |PDF (144 KB)
Supplemental Monthly Release Other formats: ASCII | PDF (144 KB)
Annual Revision Release Other formats: ASCII | PDF (150 KB)