Board of Governors of the Federal Reserve System

Seasonally adjusted                                                                                                                                        

Year	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Q1	Q2	Q3	Q4	Annual
IP (percent change) [1]
2000	-.1	.4	.4	.6	.3	.1	-.2	-.3	.4	-.4	.0	-.3	4.1	5.0	-.4	-1.1	3.8
2001	-.6	-.7	-.2	-.3	-.6	-.6	-.6	-.1	-.5	-.3	-.6	.0	-5.1	-5.0	-5.5	-4.3	-3.1
2002	.7	.0	.8	.5	.4	.8	.0	-.1	.1	-.3	.6	-.5	2.9	6.4	2.5	-.2	.3
2003	.8	.1	-.3	-.6	.0	.1	.5	-.2	.7	.1	.7	.1	2.5	-3.0	2.8	3.9	1.3
2004	.2	.6	-.4	.4	.7	-.8	.7	.1	.1	.9	.2	.7	2.8	2.3	2.3	5.8	2.7
2005	.4	.7	-.2	.2	.1	.4	-.3	.4	-1.9	1.2	1.1	.5	5.8	2.2	-1.7	3.6	3.4
2006	.1	.0	.3	.3	.0	.3	-.1	.4	-.2	-.1	-.1	1.0	3.8	2.4	1.5	.9	2.2
2007	-.4	1.0	.2	.7	.1	.0	-.1	.2	.2	-.3	.6	.0	4.0	5.0	.6	1.2	2.6
2008	-.1	-.4	-.3	-.7	-.6	-.2	-.5	-1.6	-4.3	.9	-1.3	-2.8	-1.3	-5.8	-12.4	-16.1	-3.5
2009	-2.5	-.7	-1.6	-.8	-1.0	-.3	1.1	1.1	.8	.3	.4	.3	-20.8	-10.8	6.5	6.4	-11.5
2010	1.1	.3	.7	.4	1.4	.2	.4	.3	.2	-.2	.0	1.0	8.0	8.2	5.4	1.6	5.5
2011	-.2	-.4	1.0	-.3	.2	.3	.5	.6	-.1	.6	.0	.5	2.1	1.5	4.6	4.0	3.1
2012	.6	.3	-.5	.8	.2	.0	.2	-.4	-.1	.3	.5	.2	3.9	2.6	-.1	2.1	3.0
2013	.0	.5	.4	-.1	.1	.1	-.3	.6	.6	-.1	.3	.2	2.9	1.9	1.6	2.7	2.0
2014	-.3	.8	1.0	.1	.4	.3	.3	-.2	.3	.0	.7	-.1	2.9	5.4	2.4	2.3	3.0
2015	-.7	-.6	-.3	-.6	-.4	-.3	.7	-.3	-.3	-.4	-.7	-.6	-4.2	-5.5	.0	-5.5	-1.4
2016	.7	-.5	-.8	.3	-.2	.4	.2	-.2	-.1	.1	-.4	.7	-2.3	-1.6	1.0	-.6	-2.2
2017	-.2	-.4	.8	.9	.1	.2	-.1	-.5	.0	1.2	.3	.1	.6	5.9	-1.1	5.4	1.3
2018	.0	.3	.6	1.1	-.8	.7	.2	.6	.0	-.1	-.1	.0	2.2	5.3	3.4	-.1	3.2
2019	-.5	-.6	.1	-.6	.2	-.1	-.3	.6	-.4	-.8	.5	-.4	-3.6	-2.3	.0	-2.6	-.8
2020	-.5	.2	-3.8	-13.6	1.9	6.2	4.1	1.1	-.3	1.1	.5	1.2	-6.7	-42.4	44.5	8.2	-7.2
2021	1.1	-3.0	2.9	.1	.7	.5	.7	-.1	-1.2	1.4	.8	-.4	4.0	6.5	3.4	3.7	5.6
2022	1.4	.5
IP (2017=100)
2020	101.1	101.3	97.4	84.2	85.8	91.2	94.9	95.9	95.6	96.6	97.2	98.3	100.0	87.1	95.5	97.4	95.0
2021	99.4	96.4	99.2	99.2	99.9	100.5	101.2	101.1	99.9	101.2	102.0	101.6	98.3	99.9	100.7	101.6	100.3
2022	103.0	103.6
Capacity (percent of 2017 output)
2020	132.8	132.8	132.8	132.8	132.8	132.7	132.7	132.7	132.7	132.6	132.6	132.6	132.8	132.8	132.7	132.6	132.7
2021	132.6	132.6	132.7	132.7	132.7	132.8	132.8	132.9	133.0	133.1	133.1	133.2	132.6	132.7	132.9	133.1	132.9
2022	133.3	133.4
Utilization (percent)
2000	82.2	82.2	82.2	82.4	82.4	82.2	81.7	81.3	81.3	80.8	80.5	80.0	82.2	82.3	81.4	80.4	81.6
2001	79.3	78.5	78.1	77.6	76.9	76.3	75.6	75.3	74.8	74.4	73.8	73.7	78.6	76.9	75.3	74.0	76.2
2002	74.0	73.9	74.4	74.7	75.0	75.5	75.5	75.4	75.5	75.3	75.7	75.3	74.1	75.1	75.5	75.4	75.0
2003	75.9	76.1	75.9	75.4	75.4	75.5	75.9	75.8	76.3	76.4	76.9	77.0	76.0	75.4	76.0	76.8	76.0
2004	77.1	77.6	77.3	77.7	78.2	77.6	78.2	78.3	78.4	79.1	79.2	79.8	77.4	77.8	78.3	79.4	78.2
2005	80.0	80.5	80.3	80.4	80.4	80.6	80.2	80.4	78.7	79.6	80.3	80.6	80.3	80.5	79.8	80.2	80.2
2006	80.6	80.5	80.6	80.8	80.6	80.7	80.5	80.7	80.4	80.1	79.9	80.5	80.6	80.7	80.6	80.2	80.5
2007	80.0	80.6	80.5	80.9	80.8	80.7	80.5	80.6	80.7	80.5	80.9	80.9	80.4	80.8	80.6	80.8	80.6
2008	80.9	80.6	80.4	79.9	79.5	79.3	79.0	77.7	74.3	74.9	73.9	71.7	80.6	79.6	77.0	73.5	77.7
2009	69.8	69.3	68.1	67.5	66.8	66.6	67.3	68.1	68.7	69.0	69.4	69.7	69.1	67.0	68.1	69.4	68.4
2010	70.6	71.0	71.7	72.1	73.3	73.6	74.1	74.5	74.7	74.7	74.8	75.6	71.1	73.0	74.4	75.0	73.4
2011	75.5	75.1	75.9	75.6	75.7	75.8	76.2	76.5	76.4	76.7	76.6	76.9	75.5	75.7	76.4	76.7	76.1
2012	77.2	77.3	76.8	77.2	77.2	77.0	77.1	76.6	76.5	76.6	76.8	76.9	77.1	77.1	76.7	76.8	76.9
2013	76.7	77.0	77.2	77.1	77.0	77.1	76.8	77.2	77.5	77.3	77.5	77.6	77.0	77.1	77.1	77.5	77.2
2014	77.3	77.8	78.5	78.5	78.7	78.9	79.0	78.8	78.9	78.9	79.3	79.2	77.8	78.7	78.9	79.1	78.6
2015	78.6	78.0	77.8	77.3	76.9	76.6	77.2	77.0	76.7	76.4	75.8	75.4	78.1	76.9	76.9	75.9	77.0
2016	75.9	75.5	74.9	75.1	74.9	75.2	75.4	75.2	75.1	75.1	74.8	75.3	75.4	75.1	75.2	75.1	75.2
2017	75.2	74.9	75.5	76.3	76.5	76.6	76.6	76.3	76.5	77.5	77.8	77.9	75.2	76.5	76.5	77.7	76.5
2018	77.9	78.2	78.7	79.5	78.8	79.4	79.5	79.9	79.8	79.5	79.4	79.2	78.3	79.3	79.7	79.4	79.2
2019	78.7	78.1	78.1	77.5	77.6	77.4	77.1	77.5	77.2	76.5	76.8	76.5	78.3	77.5	77.2	76.6	77.4
2020	76.1	76.3	73.4	63.4	64.7	68.7	71.5	72.3	72.1	72.9	73.3	74.1	75.3	65.6	71.9	73.4	71.6
2021	75.0	72.7	74.8	74.8	75.3	75.7	76.2	76.1	75.1	76.1	76.6	76.3	74.1	75.2	75.8	76.3	75.4
2022	77.3	77.6

[1] Quarterly percentage changes are at annual rates. Annual percentage changes are calculated from annual averages.