Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization - G.17

Current Release (250 KB PDF) (ASCII)

Release Date: February 17, 2016

Industrial Production and Capacity Utilization: Summary

Seasonally adjusted
Industrial production 2012=100 Percent change
2015 2016
Jan.[p]
2015 2016
Jan.[p]
Jan. '15 to
Jan. '16
Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r] Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r]
       
Total index 107.5 107.5 107.4 106.6 105.9 106.8 .0 .0 -.1 -.8 -.7 .9 -.7
Previous estimates 107.6 107.6 107.4 106.4 106.0   .1 .0 -.2 -.9 -.4    
       
Major market groups
Final Products 105.0 104.7 104.4 103.6 102.9 104.0 .2 -.3 -.2 -.8 -.7 1.1 -.5
Consumer goods 106.9 106.7 106.5 105.8 105.0 106.7 .0 -.2 -.2 -.7 -.7 1.6 1.4
Business equipment 107.3 106.9 106.6 105.2 104.4 104.7 .5 -.4 -.3 -1.3 -.8 .3 -1.4
Nonindustrial supplies 105.7 106.3 107.3 107.1 106.7 107.4 .4 .5 1.0 -.2 -.4 .7 1.4
Construction 110.1 109.5 111.7 111.8 112.1 111.7 .5 -.6 2.0 .0 .3 -.3 1.4
Materials 110.1 110.3 109.9 108.8 108.0 109.0 -.3 .2 -.4 -.9 -.7 .8 -1.6
       
Major industry groups
Manufacturing (see note below) 105.9 105.8 106.2 105.9 105.7 106.2 -.2 -.1 .3 -.2 -.2 .5 1.2
Previous estimates 106.0 105.8 106.2 106.1 106.0   -.1 -.1 .4 -.1 -.1    
Mining 116.7 115.7 113.9 112.3 110.1 110.1 .1 -.8 -1.6 -1.4 -2.0 .0 -9.8
Utilities 103.2 104.9 103.1 99.3 96.5 101.7 1.4 1.7 -1.8 -3.7 -2.9 5.4 -2.8

Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2015
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2015
Jan.
   
2015 2016
Jan.[p]
Jan. '15 to
Jan. '16
Aug.[r] Sept.[r] Oct.[r] Nov.[r] Dec.[r]
       
Total industry 80.0 85.2 78.8 85.0 66.9 78.7 77.9 77.9 77.7 77.0 76.4 77.1 1.4
Previous estimates             78.0 77.9 77.7 76.9 76.5    
       
Manufacturing (see note below) 78.5 85.6 77.3 84.6 63.9 76.1 76.2 76.1 76.3 76.0 75.8 76.1 1.2
Previous estimates             76.3 76.1 76.3 76.1 76.0    
Mining 87.4 86.2 83.8 88.7 79.0 89.8 83.9 83.0 81.5 80.1 78.4 78.8 2.9
Utilities 85.8 92.9 84.3 93.3 78.5 80.3 78.9 80.2 78.7 75.8 73.6 77.5 .7
       
Stage-of-process groups
Crude 86.3 87.6 84.3 89.8 76.9 87.1 82.9 82.6 81.5 80.4 79.0 79.5 2.2
Primary and semifinished 80.6 86.5 78.1 87.8 64.2 76.8 76.2 76.4 76.6 75.6 75.1 76.0 1.0
Finished 77.0 83.4 77.4 80.7 66.7 76.3 76.7 76.4 76.2 76.0 75.6 76.1 1.5

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 17, 2016