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Release Date: June 15, 2018
Industrial Production and Capacity Utilization: Summary
Seasonally adjusted
Industrial production 2012=100 Percent change
2017
Dec.[r]
2018 2017
Dec.[r]
2018 May '17 to
May '18
Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[p] Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[p]
       
Total index 105.8 105.4 105.9 106.4 107.4 107.3 .5 -.3 .4 .5 .9 -.1 3.5
Previous estimates 105.7 105.3 105.7 106.5 107.3   .4 -.4 .4 .7 .7    
       
Major market groups
Final Products 101.5 101.7 101.7 102.1 103.2 102.3 .3 .2 .0 .4 1.1 -.9 1.6
Consumer goods 105.2 105.5 105.2 105.7 106.7 105.6 .6 .3 -.3 .4 1.0 -1.0 1.5
Business equipment 98.5 98.6 98.6 98.7 99.8 98.6 -.3 .0 .1 .1 1.1 -1.1 1.0
Nonindustrial supplies 106.6 105.8 106.6 106.6 107.1 107.3 .6 -.8 .7 .0 .5 .1 2.2
Construction 112.9 111.2 114.6 113.4 114.0 114.2 .9 -1.5 3.1 -1.0 .5 .1 3.6
Materials 108.9 108.2 108.9 109.8 110.7 111.3 .5 -.7 .7 .8 .9 .5 5.5
       
Major industry groups
Manufacturing (see note below) 102.8 102.3 103.7 103.6 104.2 103.5 .0 -.5 1.4 -.1 .6 -.7 1.7
Previous estimates 102.8 102.1 103.6 103.6 104.1   -.1 -.6 1.4 .0 .5    
Mining 115.1 113.9 117.2 118.8 120.0 122.1 1.1 -1.0 2.9 1.4 1.0 1.8 12.6
Utilities 106.6 108.8 98.4 102.5 105.8 106.9 3.2 2.1 -9.6 4.1 3.2 1.1 4.0
Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2017
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2017
May
   
2017
Dec.[r]
2018 May '17 to
May '18
Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[p]
       
Total industry 79.8 85.2 78.8 85.0 66.7 76.2 77.3 77.0 77.2 77.5 78.1 77.9 1.3
Previous estimates             77.3 76.9 77.1 77.6 78.0    
       
Manufacturing (see note below) 78.3 85.6 77.3 84.6 63.7 74.8 75.2 74.7 75.7 75.5 75.9 75.3 1.0
Previous estimates             75.1 74.6 75.6 75.5 75.8    
Mining 87.0 86.3 84.3 88.6 78.2 84.0 88.6 87.5 89.7 90.5 91.1 92.4 2.4
Utilities 85.3 92.9 84.4 92.9 78.3 77.9 79.9 81.5 73.5 76.4 78.8 79.4 2.0
       
Stage-of-process groups
Crude 86.0 87.8 84.7 90.0 76.4 84.0 86.9 85.4 87.0 88.0 88.3 89.3 1.8
Primary and semifinished 80.4 86.5 78.1 87.7 63.8 75.2 76.4 76.3 75.4 76.0 76.7 76.4 1.1
Finished 76.9 83.4 77.3 80.7 66.6 74.1 74.3 74.2 75.1 74.7 75.2 74.6 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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Last Update: June 15, 2018