Federal Reserve Statistical Release, G.17, Industrial Production and Capacity Utilization; title with eagle logo links to Statistical Release home page

Release Date: December 15, 2005
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
2002=100 Percent change
2005 2005 Nov. '04 to
Nov. '05
Aug. Sept. Oct. Nov. Aug. Sept. Oct. Nov.
                   
Total index  108.6  106.9  108.2  109.0     .3   -1.6    1.3     .7    2.8
   Previous estimates  108.5  106.9  107.9           .2   -1.5     .9    
                   
Major market groups                  
Final Products  110.0  109.1  111.2  110.7     .3    -.8    1.9    -.4    4.0
   Consumer goods  105.6  106.1  105.9  105.1     .4     .4    -.1    -.8    1.4
   Business equipment  120.1  115.0  123.5  124.6     .1   -4.2    7.3    1.0   10.4
Nonindustrial supplies  108.0  108.0  108.9  109.7     .5     .0     .8     .7    4.2
   Construction  108.2  109.6  112.2  112.8     .6    1.3    2.3     .5    6.7
Materials  107.4  104.2  105.0  106.9     .2   -3.0     .8    1.8    1.0
                   
Major industry groups                  
Manufacturing (see note below)  109.5  108.8  110.8  111.1     .4    -.7    1.8     .3    3.9
   Previous estimates  109.6  108.8  110.4           .4    -.7    1.4    
Mining   99.2   89.7   89.5   93.8    -.6   -9.6    -.2    4.8   -6.1
Utilities  108.4  106.7  104.5  104.8     .3   -1.6   -2.0     .3    1.8

 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
Nov. '04 to
Nov. '05
Average
1972-2004
1994-95
High
2001-02
Low
2004
Nov.
2005
Aug. Sept. Oct. Nov.
                   
Total industry   81.0   85.0   73.9   79.3   80.3   78.9   79.8   80.2    1.6
   Previous estimates                           80.2   78.9   79.5            
                   
Manufacturing (see note below)   79.8   84.5   72.0   78.0   78.8   78.1   79.4   79.4    2.1
   Previous estimates                           78.8   78.1   79.0            
Mining   87.3   89.0   85.6   88.7   88.6   80.1   80.0   83.8    -.6
Utilities   86.8   93.7   83.7   83.9   88.2   86.8   85.1   85.4     .0
                   
Stage-of-process groups                  
Crude   86.4   89.4   83.2   88.2   86.8   77.8   78.5   82.6    -.9
Primary and semifinished   82.2   88.1   74.6   81.0   81.8   81.6   81.9   82.1    2.5
Finished   77.9   80.5   70.8   75.2   77.1   76.5   78.1   77.7    1.2

r Revised. p Preliminary.
Note. The statistics in this release cover output, capacity, and capacity utilization in the
U.S. 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 (NAICS); electric and gas utilities are those in
NAICS sectors 2211 and 2212. Manufacturing comprises NAICS manufacturing 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.


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