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Release Date: February 15, 2018
Industrial Production and Capacity Utilization: Summary
Seasonally adjusted
Industrial production 2012=100 Percent change
2017 2018
Jan.[p]
2017 2018
Jan.[p]
Jan. '17 to
Jan. '18
Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r] Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r]
       
Total index 104.6 104.8 106.6 106.9 107.3 107.2 -.4 .2 1.7 .3 .4 -.1 3.7
Previous estimates 104.6 104.8 106.6 106.5 107.5   -.4 .2 1.8 -.1 .9    
       
Major market groups
Final Products 101.5 102.1 103.3 102.8 103.4 103.8 .0 .5 1.2 -.5 .6 .4 3.5
Consumer goods 105.0 105.1 106.5 105.7 106.7 107.0 .0 .1 1.3 -.7 1.0 .3 2.8
Business equipment 100.7 102.4 103.7 103.7 103.4 104.4 -.1 1.7 1.3 .0 -.3 .9 4.8
Nonindustrial supplies 104.5 105.0 106.0 106.4 106.4 105.7 -.5 .5 .9 .4 .0 -.6 .7
Construction 109.1 111.1 111.7 112.6 113.1 111.5 -.8 1.9 .5 .8 .5 -1.4 .9
Materials 106.8 106.7 109.2 110.2 110.5 110.3 -.7 -.1 2.4 .9 .4 -.3 4.7
       
Major industry groups
Manufacturing (see note below) 103.0 103.2 104.6 104.8 104.7 104.8 -.2 .2 1.3 .2 .0 .0 1.8
Previous estimates 103.0 103.1 104.6 104.9 105.0   -.2 .1 1.5 .3 .1    
Mining 108.0 109.8 111.6 113.9 113.5 112.4 -1.1 1.6 1.7 2.1 -.4 -1.0 8.8
Utilities 102.8 101.5 105.6 103.7 108.5 109.2 -1.2 -1.3 4.1 -1.8 4.6 .6 10.8
Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2017
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2017
Jan.
   
2017 2018
Jan.[p]
Jan. '17 to
Jan. '18
Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r]
       
Total industry 79.8 85.2 78.8 85.0 66.7 75.7 76.0 76.1 77.3 77.5 77.7 77.5 1.2
Previous estimates             76.0 76.1 77.4 77.2 77.9    
       
Manufacturing (see note below) 78.3 85.6 77.3 84.6 63.7 75.4 75.1 75.2 76.2 76.3 76.2 76.2 .7
Previous estimates             75.1 75.2 76.3 76.4 76.4    
Mining 87.0 86.1 83.8 88.6 78.4 80.0 82.2 83.3 84.5 86.0 85.6 84.2 3.3
Utilities 85.4 93.2 84.7 93.2 78.1 73.7 76.6 75.6 78.7 77.2 80.8 81.1 .8
       
Stage-of-process groups
Crude 86.0 87.7 84.5 90.1 76.3 80.4 81.5 80.9 83.5 84.7 84.3 83.2 3.1
Primary and semifinished 80.4 86.5 78.1 87.8 63.8 74.9 75.2 75.2 76.5 76.7 77.4 77.1 .6
Finished 76.9 83.4 77.3 80.6 66.7 74.9 75.0 75.6 76.1 75.7 75.8 76.1 .9

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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Last Update: February 15, 2018