Industrial Production and Capacity Utilization - G.17
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Release Date: December 3, 2025
Table 11 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry
Seasonally adjusted
[1] Quarterly percentage changes are at annual rates. Annual percentage changes are calculated from annual averages.
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| Year | Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | Q1 | Q2 | Q3 | Q4 | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IP (percent change) [1] |
|||||||||||||||||
| 2003 | .9 | .1 | -.3 | -.6 | .0 | .1 | .5 | -.2 | .6 | .1 | .7 | .0 | 2.7 | -2.8 | 2.7 | 3.8 | 1.4 |
| 2004 | .2 | .6 | -.4 | .4 | .7 | -.8 | .7 | .1 | .1 | .9 | .2 | .8 | 2.7 | 2.1 | 2.2 | 5.7 | 2.6 |
| 2005 | .4 | .7 | -.1 | .2 | .1 | .4 | -.3 | .3 | -1.9 | 1.2 | 1.1 | .5 | 5.8 | 2.3 | -1.7 | 3.8 | 3.4 |
| 2006 | .2 | .0 | .2 | .3 | .0 | .3 | -.1 | .4 | -.2 | -.1 | .0 | 1.0 | 4.0 | 2.4 | 1.6 | .9 | 2.3 |
| 2007 | -.3 | .9 | .2 | .7 | .1 | .1 | -.1 | .2 | .2 | -.3 | .5 | .0 | 4.1 | 4.8 | .6 | 1.2 | 2.6 |
| 2008 | -.1 | -.4 | -.3 | -.6 | -.6 | -.2 | -.4 | -1.6 | -4.4 | 1.0 | -1.3 | -2.8 | -1.2 | -5.7 | -12.2 | -16.1 | -3.4 |
| 2009 | -2.5 | -.6 | -1.6 | -.8 | -1.0 | -.4 | 1.1 | 1.1 | .9 | .3 | .4 | .4 | -20.8 | -10.9 | 6.4 | 6.8 | -11.4 |
| 2010 | 1.1 | .4 | .7 | .3 | 1.4 | .2 | .4 | .4 | .3 | -.3 | .1 | 1.0 | 8.2 | 7.8 | 5.3 | 1.7 | 5.6 |
| 2011 | -.2 | -.4 | 1.0 | -.3 | .1 | .3 | .5 | .7 | -.1 | .7 | .0 | .5 | 2.2 | 1.7 | 4.7 | 4.2 | 3.2 |
| 2012 | .6 | .3 | -.5 | .7 | .2 | .0 | .2 | -.4 | -.1 | .3 | .4 | .2 | 4.0 | 2.6 | -.1 | 1.9 | 3.1 |
| 2013 | .0 | .5 | .4 | -.1 | .1 | .2 | -.3 | .6 | .5 | -.1 | .2 | .2 | 3.0 | 1.8 | 1.6 | 2.7 | 2.0 |
| 2014 | -.4 | .8 | 1.0 | .1 | .4 | .3 | .2 | -.2 | .3 | .0 | .6 | .0 | 2.8 | 5.6 | 2.2 | 2.2 | 3.0 |
| 2015 | -.8 | -.6 | -.3 | -.5 | -.4 | -.3 | .6 | -.2 | -.3 | -.5 | -.7 | -.5 | -4.4 | -5.4 | .3 | -5.4 | -1.4 |
| 2016 | .5 | -.5 | -.7 | .3 | -.2 | .5 | .1 | -.2 | -.1 | .0 | -.4 | .7 | -2.6 | -1.3 | .9 | -.6 | -2.2 |
| 2017 | -.3 | -.4 | .7 | 1.0 | .1 | .2 | -.2 | -.4 | .1 | 1.2 | .2 | .2 | .0 | 6.0 | -1.2 | 5.7 | 1.2 |
| 2018 | .0 | .2 | .5 | 1.1 | -.9 | .8 | .2 | .6 | .1 | -.1 | .1 | .0 | 2.2 | 4.7 | 3.4 | .8 | 3.2 |
| 2019 | -.7 | -.5 | .0 | -.6 | .1 | .0 | -.5 | .7 | -.3 | -.8 | .5 | -.2 | -3.8 | -2.6 | -.3 | -2.3 | -.8 |
| 2020 | -.7 | .3 | -3.9 | -13.2 | 1.7 | 6.6 | 3.7 | 1.0 | .0 | .8 | .4 | 1.3 | -6.7 | -41.6 | 43.6 | 7.5 | -7.1 |
| 2021 | .5 | -3.3 | 2.9 | .2 | .9 | .4 | .5 | -.2 | -1.2 | 1.3 | .7 | -.3 | 1.0 | 6.9 | 1.8 | 3.3 | 4.4 |
| 2022 | -.4 | .6 | .6 | .0 | -.1 | -.3 | .2 | -.1 | .2 | .0 | -.3 | -1.2 | 1.0 | 1.9 | -.2 | -2.1 | 1.7 |
| 2023 | .7 | .1 | .4 | .2 | -.3 | -.8 | .8 | -.1 | .2 | -.5 | .4 | -.3 | .3 | .2 | .6 | -1.1 | -.2 |
| 2024 | -1.4 | 1.1 | .2 | -.2 | .6 | .0 | -.9 | .5 | -.6 | -.3 | -.2 | 1.0 | -2.6 | 2.7 | -2.3 | -1.5 | -.7 |
| 2025 | -.3 | 1.0 | -.1 | .1 | -.1 | .4 | .2 | -.3 | .1 | 4.2 | 1.8 | 1.1 | |||||
| IP (2017=100) |
|||||||||||||||||
| 2023 | 100.5 | 100.6 | 101.0 | 101.3 | 100.9 | 100.1 | 100.9 | 100.8 | 101.0 | 100.5 | 100.9 | 100.6 | 100.7 | 100.8 | 100.9 | 100.6 | 100.8 |
| 2024 | 99.2 | 100.3 | 100.5 | 100.2 | 100.9 | 100.9 | 100.0 | 100.4 | 99.8 | 99.5 | 99.3 | 100.3 | 100.0 | 100.7 | 100.1 | 99.7 | 100.1 |
| 2025 | 100.1 | 101.1 | 101.0 | 101.1 | 101.0 | 101.4 | 101.6 | 101.3 | 101.4 | 100.7 | 101.2 | 101.4 | |||||
| Capacity (percent of 2017 output) |
|||||||||||||||||
| 2023 | 129.5 | 129.7 | 129.8 | 130.0 | 130.1 | 130.3 | 130.4 | 130.5 | 130.6 | 130.7 | 130.8 | 130.9 | 129.7 | 130.1 | 130.5 | 130.8 | 130.3 |
| 2024 | 131.0 | 131.1 | 131.2 | 131.2 | 131.3 | 131.4 | 131.6 | 131.7 | 131.8 | 131.9 | 132.1 | 132.2 | 131.1 | 131.3 | 131.7 | 132.1 | 131.5 |
| 2025 | 132.4 | 132.6 | 132.7 | 132.9 | 133.0 | 133.2 | 133.4 | 133.5 | 133.7 | 132.6 | 133.0 | 133.5 | |||||
| Utilization (percent) |
|||||||||||||||||
| 2003 | 76.1 | 76.2 | 76.0 | 75.6 | 75.6 | 75.7 | 76.1 | 76.0 | 76.5 | 76.6 | 77.1 | 77.1 | 76.1 | 75.6 | 76.2 | 77.0 | 76.2 |
| 2004 | 77.3 | 77.8 | 77.5 | 77.8 | 78.4 | 77.8 | 78.4 | 78.4 | 78.5 | 79.2 | 79.3 | 79.9 | 77.5 | 78.0 | 78.4 | 79.5 | 78.3 |
| 2005 | 80.1 | 80.7 | 80.5 | 80.5 | 80.5 | 80.8 | 80.4 | 80.5 | 78.8 | 79.7 | 80.4 | 80.7 | 80.4 | 80.6 | 79.9 | 80.3 | 80.3 |
| 2006 | 80.7 | 80.6 | 80.7 | 80.8 | 80.7 | 80.8 | 80.6 | 80.8 | 80.4 | 80.2 | 80.0 | 80.6 | 80.7 | 80.7 | 80.6 | 80.2 | 80.6 |
| 2007 | 80.1 | 80.7 | 80.7 | 81.1 | 81.0 | 80.9 | 80.7 | 80.8 | 80.9 | 80.7 | 81.1 | 81.1 | 80.5 | 81.0 | 80.8 | 81.0 | 80.8 |
| 2008 | 81.1 | 80.8 | 80.5 | 80.0 | 79.6 | 79.4 | 79.0 | 77.7 | 74.2 | 74.9 | 73.8 | 71.6 | 80.8 | 79.7 | 77.0 | 73.4 | 77.7 |
| 2009 | 69.7 | 69.2 | 68.1 | 67.5 | 66.8 | 66.5 | 67.3 | 68.1 | 68.8 | 69.0 | 69.4 | 69.9 | 69.0 | 66.9 | 68.0 | 69.4 | 68.4 |
| 2010 | 70.8 | 71.2 | 71.8 | 72.2 | 73.3 | 73.6 | 74.0 | 74.4 | 74.7 | 74.6 | 74.7 | 75.5 | 71.2 | 73.0 | 74.4 | 74.9 | 73.4 |
| 2011 | 75.4 | 75.1 | 75.9 | 75.6 | 75.7 | 75.8 | 76.1 | 76.6 | 76.4 | 76.8 | 76.7 | 76.9 | 75.4 | 75.7 | 76.4 | 76.8 | 76.1 |
| 2012 | 77.3 | 77.4 | 76.8 | 77.2 | 77.3 | 77.1 | 77.1 | 76.7 | 76.5 | 76.6 | 76.8 | 76.8 | 77.2 | 77.2 | 76.8 | 76.7 | 77.0 |
| 2013 | 76.8 | 77.0 | 77.2 | 77.1 | 77.0 | 77.1 | 76.8 | 77.2 | 77.5 | 77.4 | 77.5 | 77.6 | 77.0 | 77.1 | 77.2 | 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 | 78.1 | 77.8 | 77.3 | 77.0 | 76.8 | 77.3 | 77.2 | 77.0 | 76.6 | 76.1 | 75.7 | 78.1 | 77.0 | 77.1 | 76.1 | 77.1 |
| 2016 | 76.1 | 75.7 | 75.2 | 75.4 | 75.2 | 75.5 | 75.6 | 75.4 | 75.3 | 75.3 | 74.9 | 75.4 | 75.7 | 75.4 | 75.4 | 75.2 | 75.4 |
| 2017 | 75.2 | 74.9 | 75.4 | 76.2 | 76.4 | 76.6 | 76.5 | 76.2 | 76.4 | 77.4 | 77.6 | 77.9 | 75.2 | 76.4 | 76.3 | 77.6 | 76.4 |
| 2018 | 77.9 | 78.2 | 78.6 | 79.5 | 78.8 | 79.4 | 79.5 | 79.9 | 79.9 | 79.8 | 79.8 | 79.7 | 78.2 | 79.2 | 79.8 | 79.8 | 79.2 |
| 2019 | 79.1 | 78.6 | 78.5 | 78.0 | 78.0 | 77.9 | 77.5 | 77.9 | 77.6 | 76.9 | 77.3 | 77.0 | 78.7 | 78.0 | 77.7 | 77.1 | 77.9 |
| 2020 | 76.5 | 76.8 | 73.8 | 64.1 | 65.2 | 69.5 | 72.2 | 73.0 | 73.1 | 73.9 | 74.3 | 75.4 | 75.7 | 66.3 | 72.8 | 74.5 | 72.3 |
| 2021 | 75.9 | 73.6 | 75.8 | 76.1 | 76.9 | 77.3 | 77.8 | 77.7 | 76.9 | 78.0 | 78.6 | 78.4 | 75.1 | 76.8 | 77.5 | 78.3 | 76.9 |
| 2022 | 78.1 | 78.6 | 79.0 | 79.0 | 78.9 | 78.6 | 78.7 | 78.5 | 78.6 | 78.5 | 78.2 | 77.1 | 78.6 | 78.9 | 78.6 | 77.9 | 78.5 |
| 2023 | 77.6 | 77.6 | 77.8 | 77.9 | 77.5 | 76.8 | 77.4 | 77.3 | 77.3 | 76.9 | 77.1 | 76.9 | 77.7 | 77.4 | 77.3 | 76.9 | 77.3 |
| 2024 | 75.8 | 76.5 | 76.6 | 76.4 | 76.8 | 76.8 | 76.0 | 76.3 | 75.7 | 75.4 | 75.2 | 75.9 | 76.3 | 76.6 | 76.0 | 75.5 | 76.1 |
| 2025 | 75.6 | 76.3 | 76.1 | 76.1 | 75.9 | 76.1 | 76.2 | 75.9 | 75.9 | 76.0 | 76.0 | 76.0 | |||||
Last Update: December 3, 2025