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

Release Date: March 17, 2011
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
 
 
Industrial production
2007=100 Percent change
2010 2011 2010 2011 Feb. '10 to
Feb. '11
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p] Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total index   93.9   93.7   94.0   95.3   95.6   95.5     .3    -.1     .3    1.3     .3    -.1    5.6
   Previous estimates   93.9   93.8   94.1   95.2   95.1           .3     .0     .3    1.2    -.1    
       
Major market groups      
Final Products   95.4   95.7   95.6   97.0   97.5   97.4     .0     .3    -.1    1.5     .6    -.2    5.9
   Consumer goods   95.1   94.9   94.6   96.1   96.3   95.7    -.3    -.2    -.3    1.6     .2    -.5    2.9
   Business equipment   95.5   97.0   97.5   98.9  100.7  101.2     .9    1.5     .5    1.5    1.8     .5   14.5
Nonindustrial supplies   85.2   84.6   85.6   86.1   86.1   85.8    -.2    -.6    1.2     .5     .0    -.4    3.5
   Construction   79.0   79.2   80.1   80.0   80.3   80.3    -.2     .2    1.2    -.2     .4     .0    7.9
Materials   95.5   95.1   95.5   96.9   97.1   97.1     .7    -.4     .4    1.5     .1     .1    5.9
       
Major industry groups      
Manufacturing (see note below)   90.9   91.2   91.3   92.3   93.1   93.5     .1     .3     .2    1.1     .9     .4    6.9
   Previous estimates   90.9   91.3   91.6   92.3   92.6           .1     .4     .3     .9     .3    
Mining  104.2  104.9  104.0  104.1  103.4  104.2    1.2     .7    -.9     .1    -.7     .8    6.8
Utilities  101.9   97.7  100.3  105.1  102.9   98.3     .5   -4.1    2.7    4.7   -2.0   -4.5   -4.2

 
 
 
 
Capacity utilization
 
Percent of capacity
Capacity
growth
Average
1972-
2010
1988-
89
high
1990-
91
low
1994-
95
high
2008-
09
low
 
2010
Feb.
   
2010 2011 Feb. '10 to
Feb. '11
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total industry   80.5   85.2   78.7   85.1   68.2   72.4   75.2   75.1   75.3   76.3   76.4   76.3     .1
   Previous estimates                                       75.2   75.2   75.4   76.2   76.1            
       
Manufacturing (see note below)   79.1   85.6   77.2   84.6   65.4   69.7   72.4   72.6   72.7   73.5   74.1   74.3     .1
   Previous estimates                                       72.4   72.7   72.9   73.5   73.7            
Mining   87.4   86.4   83.6   88.9   79.6   83.2   88.9   89.4   88.6   88.6   87.8   88.4     .5
Utilities   86.5   92.9   84.3   93.3   77.6   82.6   81.5   78.1   80.1   83.8   81.8   78.0    1.6
       
Stage-of-process groups      
Crude   86.4   87.8   84.2   90.0   78.3   83.2   88.0   87.9   87.3   88.0   87.8   88.3    -.3
Primary and semifinished   81.4   86.6   77.9   87.9   65.7   69.9   72.0   71.3   72.3   73.8   73.8   73.0    -.4
Finished   77.4   83.4   77.3   80.5   67.5   71.6   74.1   74.7   74.3   74.8   75.3   75.6    1.3

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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