Federal Reserve Statistical Release, G.17, Industrial Production and Capacity Utilization; title with eagle logo links to Statistical Release home page

Release Date: November 10, 2003
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Table 3
RATES OF CHANGE IN INDUSTRIAL PRODUCTION, SPECIAL AGGREGATES AND SELECTED DETAIL: 1999-2003 [1]
    Difference between
  Revised change revised and earlier changes
  (percent) (percentage points)
Item 1999 2000 2001 2002 2003  1999 2000 2001 2002 2003
                     
Total industry    4.9    2.3   -5.2    1.3     .0     .0    -.4     .4    -.1     .1
                     
Energy    2.0    3.9   -3.6    2.9    -.4     .1     .2    -.1    -.9   -1.4
   Consumer products    3.1    7.1   -5.8    8.7   -2.7     .1    -.5    -.6     .6   -3.2
   Commercial products    2.2    6.0   -1.6    3.5   -1.7     .4   -1.1   -2.0   -1.1   -1.8
   Oil and gas well drilling    9.6   29.3  -10.9  -14.8    5.2    -.2    -.1     .0     .1    1.1
   Converted fuel    2.1    5.4   -7.9    3.7   -1.0    -.2     .1    -.2     .8   -5.7
   Primary materials     .7    -.3    -.2    -.4    1.6     .2    1.0     .8   -2.8    2.1
                     
Non-energy    5.4    2.0   -5.6    1.0     .1     .0    -.5     .5     .1     .4
   Selected high-technology industries   42.4   38.2   -8.4   15.3   20.0     .8   -1.9    1.2    8.2    4.6
      Computers and office equipment   3341   14.1   19.1   -5.7   24.0   10.4   -5.6    1.4     .2    4.1  -10.7
      Communications equipment   3342   31.5   27.7  -22.8   -5.5    6.8    4.4   -2.6   -2.7   11.1    8.5
      Semiconductors and related 
         electronic components   334412-9
  64.6   52.8     .8   24.9   33.1    2.6   -3.0    4.2    5.1    8.4
                     
   Excluding selected high-technology 
         industries
   1.8   -1.5   -5.2    -.1   -1.1    -.1    -.3     .4    -.5     .1
                     
      Motor vehicles and parts         3361-3    5.8   -9.1   -2.8    9.9    1.9     .1    -.7   -1.6   -1.0   -1.0
         Motor vehicles   3361    2.6  -12.2    1.5   11.6    3.2     .0    -.2    -.5    -.5     .0
         Motor vehicle parts   3363    8.3   -5.7   -5.3    7.8     .7     .4   -1.5   -3.1    -.9   -1.9
                     
      Excluding motor vehicles and parts    1.4    -.8   -5.5   -1.0   -1.4    -.1    -.3     .6    -.4     .3
         Consumer goods    2.3    -.2   -1.5    -.3    -.2     .5   -1.0     .7    1.0     .9
         Business equipment   -3.5    3.8  -11.5   -4.6    -.6    -.7   -1.6    2.3    1.3     .3
         Construction supplies    2.4    -.4   -6.4     .5   -1.9     .4    -.8    -.4    -.3     .8
         Business supplies    2.1     .5   -5.5     .7    -.7     .1    -.7    -.6    -.6     .9
         Materials    3.1   -2.9   -7.2     .3   -2.8    -.1    -.1     .1    -.6     .0
                     
Measures excluding selected high-technology 
      industries
                   
Total industry    1.8    -.6   -4.9     .4   -1.0     .0    -.2     .3    -.6    -.1
   Manufacturing        [2]    1.8   -1.5   -5.2    -.1   -1.0    -.1    -.3     .4    -.5     .1
      Durable    1.1   -1.6   -6.9    1.0    -.8    -.1    -.3     .9    -.1     .0
                     
Measures excluding motor vehicles and parts                    
Total industry    4.9    3.1   -5.4     .8    -.1     .0    -.4     .5     .1     .2
   Manufacturing        [2]    5.4    3.0   -5.8     .3     .1     .0    -.5     .7     .2     .6
      Durable    8.0    7.2   -7.9    1.8    1.6     .0    -.6    1.4    1.5    1.0
                     
Measures excluding selected high-technology 
      industries and motor vehicles and parts
                   
Total industry    1.5     .1   -5.1    -.2   -1.2    -.1    -.2     .5    -.5     .0
   Manufacturing        [2]    1.5    -.7   -5.5    -.9   -1.3    -.1    -.3     .5    -.5     .3
                     
Stage-of-process components of non-energy 
      materials, measures of the input to
                   
Finished processors   15.4    8.1   -7.4    5.0    2.4    1.7     .1     .5     .4    1.7
Semifinished and primary processors    4.1   -3.3   -5.8    1.2   -2.1    -.2    -.2     .1    -.1     .0
                     
Stage-of-process groups                    
Crude    1.6   -2.8   -2.8    -.8    -.5    -.9     .4     .9    -.5     .5
Primary and semifinished    7.5    2.7   -6.3    3.0    -.2     .4    -.7    -.4    -.5     .4
Finished    2.3    3.0   -4.4    -.3     .5    -.3    -.3    1.3     .7    -.3

Note: Estimates for the third quarter of 2003 are subject to further revision in the upcoming monthly releases.
[1] Rates of change are calculated as the percent change in the seasonally adjusted index from the fourth quarter of the
previous year to the fourth quarter of the year specified in the column heading. For 2002, the rates are
calculated from the fourth quarter of 2001 to the third quarter of 2002 and annualized. Return to table
[2] Manufacturing consists of those industries included in the North American Industry
Classification System, or NAICS, definition of manufacturing plus those industries--logging and
newspaper, periodical, book and directory publishing--that have traditionally been considered
to be a part of manufacturing and are included in the industrial sector. Return to table


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