Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization (G.17)

Announcements

This feed provides information about industrial production and capacity utilization data from the Federal Reserve Board's G.17 release available through the Data Download Program (DDP).

  • April 16, 2014
    G.17 Data for March 2014 are now available

    Industrial production and capacity utilization data for March 2014 are now available.

    Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. The rise in February was higher than previously reported primarily because of stronger gains for durable goods manufacturing and for mining. For the first quarter as a whole, industrial production moved up at an annual rate of 4.4 percent, just slightly slower than in the fourth quarter of 2013. In March, the output of manufacturing rose 0.5 percent, the output of utilities increased 1.0 percent, and the output of mines gained 1.5 percent. At 103.2 percent of its 2007 average, total industrial production in March was 3.8 percent above its level of a year earlier. Capacity utilization for total industry increased in March to 79.2 percent, a rate that is 0.9 percentage point below its long-run (1972-2013) average but 1.2 percentage points higher than a year prior.


  • April 03, 2014
    Communications Equipment Price Indexes Released
    Quarterly price indexes for communications equipment have been re-estimated using product data through the third quarter of 2013. Comma-delimited text files containing quarterly and annual data are available for download.

  • March 28, 2014
    Seasonal Factors for auto and truck production have been reestimated
    Seasonal factors for auto and truck production have been revised from January 1996 through August 2013. The seasonal factors from September 2013 through June 2014 were revised on March 7, 2014. The seasonal factors will be revised again in March 2015.

  • March 28, 2014
    G.17 Annual Revision Released

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. Data for the new series are available on the Board's public website and the Data Download Program.

    The Federal Reserve has revised its index of industrial production (IP) and the related measures of capacity and capacity utilization. The annual revision for 2014 was more limited than in recent years because the source data required to extend the annual benchmark indexes of production into 2012 were mostly unavailable. Consequently, the IP indexes published with this revision are very little changed from previous estimates. Measured from fourth quarter to fourth quarter, total IP is now reported to have increased about 3 1/3 percent in each year from 2011 to 2013. Relative to the rates of change for total IP published earlier, the new rates are 1/2 percentage point higher in 2012 and little changed in any other year. Total IP still shows a peak-to-trough decline of about 17 percent for the most recent recession, and it still returned to its pre-recession peak in the fourth quarter of 2013.


  • March 17, 2014
    G.17 Data for February 2014 are now available

    Industrial production and capacity utilization data for February 2014 are now available.

    Industrial production increased 0.6 percent in February after having declined 0.2 percent in January. In February, manufacturing output rose 0.8 percent and nearly reversed its decline of 0.9 percent in January, which resulted, in part, from extreme weather. The gain in factory production in February was the largest since last August. The output of utilities edged down 0.2 percent following a jump of 3.8 percent in January, and the production at mines moved up 0.3 percent. At 101.6 percent of its 2007 average, total industrial production in February was 2.8 percent above its level of a year earlier. The capacity utilization rate for total industry increased in February to 78.8 percent, a rate that is 1.3 percentage points below its long-run (1972-2013) average.


  • March 17, 2014
    G.17 publication for March 17, 2014
    Industrial Production and Capacity Utilization - G.17 intends to publish at, or as close to, regularly scheduled time on March 17, 2014.

  • March 07, 2014
    Seasonal Factors for auto and truck production have been reestimated
    Seasonal factors for auto and truck production have been revised back to September 2013 and extended through June 2015. The seasonal factors for the months prior to September 2013 will be revised at the time of the annual revision on March 28, 2014.

  • March 06, 2014
    G.17 Updated Seasonal Factors publishing March 7, 2014
    On Friday, March 7, 2014, the Federal Reserve will publish updated seasonal factors for auto and truck production, with revised seasonal factors back to September 2013 and seasonal factors extended through June 2015.

  • February 14, 2014
    G.17 Technical Q&A on the severe winter weather and January IP

    A new Technical Q&A has been posted on how the effects of the severe winter weather in January were incorporated into the IP index.


  • February 14, 2014
    Articles for the 2012 and 2013 G.17 annual revisions are now available

    Articles have been issued with further detail on the revisions to the index of industrial production (IP) and capacity utilization that were released on March 30, 2012, and March 22, 2013.


  • February 14, 2014
    G.17 Data for January 2014 are now available

    Industrial production and capacity utilization data for January 2014 are now available.

    Industrial production decreased 0.3 percent in January after having risen 0.3 percent in December. In January, manufacturing output fell 0.8 percent, partly because of the severe weather that curtailed production in some regions of the country. Additionally, manufacturing production is now reported to have been lower in the fourth quarter; the index is now estimated to have advanced at an annual rate of 4.6 percent in the fourth quarter rather than 6.2 percent. The output of utilities rose 4.1 percent in January, as demand for heating was boosted by unseasonably cold temperatures. The production at mines declined 0.9 percent following a gain of 1.8 percent in December. At 101.0 percent of its 2007 average, total industrial production in January was 2.9 percent above its level of a year earlier. The capacity utilization rate for total industry decreased in January to 78.5 percent, a rate that is 1.6 percentage points below its long-run (1972-2013) average.


  • February 14, 2014
    G.17 Annual Revision 2014 Publication Date

    The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 28, 2014.


  • February 14, 2014
    G.17 publication on February 14, 2014
    Industrial Production and Capacity Utilization - G.17 intends to publish at, or as close to, regularly scheduled time on February 14, 2014.

  • January 17, 2014
    G.17 Data for December 2013 are now available

    Industrial production and capacity utilization data for December 2013 are now available.

    Industrial production rose 0.3 percent in December, its fifth consecutive monthly increase. For the fourth quarter as a whole, industrial production advanced at an annual rate of 6.8 percent, the largest quarterly increase since the second quarter of 2010; gains were widespread across industries. Following increases of 0.6 percent in each of the previous two months, factory output rose 0.4 percent in December and was 2.6 percent above its year-earlier level. The production of mines moved up 0.8 percent; the index has advanced 6.6 percent over the past 12 months. The output of utilities fell 1.4 percent after three consecutive monthly gains. At 101.8 percent of its 2007 average, total industrial production in December was 3.7 percent above its year-earlier level and 0.9 percent above its pre-recession peak in December 2007. Capacity utilization for total industry moved up 0.1 percentage point to 79.2 percent, a rate 1.0 percentage point below its long-run (1972-2012) average.


  • December 16, 2013
    G.17 Data for November 2013 are now available

    Industrial production and capacity utilization data for November 2013 are now available.

    Industrial production increased 1.1 percent in November after having edged up 0.1 percent in October; output was previously reported to have declined 0.1 percent in October. The gain in November was the largest since November 2012, when production rose 1.3 percent. Manufacturing output increased 0.6 percent in November for its fourth consecutive monthly gain. Production at mines advanced 1.7 percent to more than reverse a decline of 1.5 percent in October. The index for utilities was up 3.9 percent in November, as colder-than-average temperatures boosted demand for heating. At 101.3 percent of its 2007 average, total industrial production was 3.2 percent above its year-earlier level. In November, industrial production surpassed for the first time its pre-recession peak of December 2007 and was 21 percent above its trough of June 2009. Capacity utilization for the industrial sector increased 0.8 percentage point in November to 79.0 percent, a rate 1.2 percentage points below its long-run (1972-2012) average.


  • December 16, 2013
    G.17 Annual Revision

    The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity utilization in late March 2014.


  • November 15, 2013
    G.17 Data for October 2013 are now available

    Industrial production and capacity utilization data for October 2013 are now available.

    Industrial production edged down 0.1 percent in October after having increased 0.7 percent in September. Manufacturing production rose 0.3 percent in October for its third consecutive monthly gain. The index for mining fell 1.6 percent after having risen for six consecutive months, and the output of utilities dropped 1.1 percent after having jumped 4.5 percent in September. The level of the index for total industrial production in October was equal to its 2007 average and was 3.2 percent above its year-earlier level. Capacity utilization for the industrial sector declined 0.2 percentage point in October to 78.1 percent, a rate 1.1 percentage points above its level of a year earlier and 2.1 percentage points below its long-run (1972-2012) average.


  • October 28, 2013
    G.17 Data for September 2013 are now available

    Industrial production and capacity utilization data for September 2013 are now available.

    Industrial production increased 0.6 percent in September following a gain of 0.4 percent in August. For the third quarter as a whole, industrial production rose at an annual rate of 2.3 percent. Manufacturing output edged up 0.1 percent in September following a gain of 0.5 percent in August, and increased at an annual rate of 1.2 percent for the third quarter. Production at mines moved up 0.2 percent in September and advanced at an annual rate of 12.9 percent for the third quarter. The output of utilities rose 4.4 percent in September following declines in each of the previous five months. The level of the index for total industrial production in September was equal to its 2007 average and was 3.2 percent above its year-earlier level. Capacity utilization for total industry moved up 0.4 percentage point to 78.3 percent, a rate 1.9 percentage points below its long-run (1972-2012) average.


  • October 28, 2013
    Gross Value of Products Series Rebased to 2009 in October's G.17 Release

    With the October 28, 2013 release of the G.17, the comparison base year for the data in Table 9, Gross Value of Final Products and Nonindustrial Supplies, and in Table 10, Gross-Value-Weighted Industrial Production: Stage-of-Process Groups, was advanced to 2009 to conform with the comparison base year of the national income and product accounts issued by the Bureau of Economic Analysis.


  • October 18, 2013
    G.17 statistical release to be issued at 9:15 a.m. EDT on October 28, 2013

    The G.17 statistical release on Industrial Production and Capacity Utilization, originally scheduled to be issued on October 17, will be issued at 9:15 a.m. EDT on Monday, October 28, 2013.


  • October 10, 2013
    Communications Equipment Price Indexes Released
    Quarterly price indexes for communications equipment have been re-estimated using product data through the second quarter of 2013. Comma-delimited text files containing quarterly and annual data are available for download.

  • October 09, 2013
    G.17 October 17th release delayed

    The industrial production indexes that are published in the G.17 Statistical Release on Industrial Production and Capacity Utilization incorporate a range of data from other government agencies, the publication of which has been delayed as a result of the federal government shutdown. Consequently, the G.17 release will not be published as scheduled on October 17, 2013. After the reopening of the federal government, the Federal Reserve will announce a publication date for the G.17 release.


  • September 16, 2013
    G.17 Data for August 2013 are now available

    Industrial production and capacity utilization data for August 2013 are now available.

    Industrial production advanced 0.4 percent in August after having been unchanged in July; the gains in August were broadly based. Following a decrease in July of 0.4 percent, which was steeper than previously reported, manufacturing production rose 0.7 percent in August. The output of mines moved up 0.3 percent, its fifth consecutive monthly increase, and the production of utilities fell 1.5 percent, its fifth consecutive monthly decrease. At 99.4 percent of its 2007 average, total industrial production in August was 2.7 percent above its year-earlier level. Capacity utilization for the industrial sector increased 0.2 percentage point in August to 77.8 percent, a rate 0.6 percentage point above its level of a year earlier and 2.4 percentage points below its long-run (1972-2012) average.


  • August 15, 2013
    Rebasing of Gross Value of Products Series Coming in October Release

    With the October 17, 2013, release of the G.17, the comparison base year for the data in Table 9, Gross Value of Final Products and Nonindustrial Supplies, and in Table 10, Gross-Value-Weighted Industrial Production: Stage-of-Process Groups, will be advanced to 2009 to conform with the comparison base year of the national income and product accounts issued by the Bureau of Economic Analysis.


  • August 15, 2013
    G.17 Data for July 2013 are now available

    Industrial production and capacity utilization data for July 2013 are now available.

    Industrial production was unchanged in July after having gained 0.2 percent in June. In July, manufacturing production declined 0.1 percent. The output of mines advanced 2.1 percent, its fourth consecutive monthly increase, and the production of utilities fell 2.1 percent, its fourth consecutive monthly decrease. At 98.9 percent of its 2007 average, total industrial production in July was 1.4 percent above its year-earlier level. Capacity utilization for total industry edged down 0.1 percentage point to 77.6 percent in July, a rate 0.3 percentage point below its level of a year earlier and 2.6 percentage points below its long-run (1972-2012) average.


  • August 15, 2013
    G.17 Release Dates for 2014 Announced

    The 2014 release dates for the G.17 were announced today. The 2014 release dates are as follows: January 17, February 14, March 17, April 16, May 15, June 16, July 16, August 15, September 15, October 16, November 17, and December 15.


  • August 02, 2013
    Seasonal factors for auto and light truck sales have been released

    Seasonal factors for auto and truck sales have been released.

    The Federal Reserve Board estimates seasonal factors for new light vehicle sales and provides these factors to The Bureau of Economic Analysis (BEA) for use in the National Income and Product Accounts. These factors are estimated once per year using X12-ARIMA and were last estimated in summer 2013, using vehicle sales data through April 2013. The seasonal factors for months that had not yet occurred were based on projections from the X12-ARIMA program. The factors will be revised again in summer 2014.


  • July 16, 2013
    G.17 Data for June 2013 are now available

    Industrial production and capacity utilization data for June 2013 are now available.

    Industrial production increased 0.3 percent in June after having been unchanged in May. For the second quarter as a whole, industrial production moved up at an annual rate of 0.6 percent. In June, manufacturing production rose 0.3 percent following an increase of 0.2 percent in May. The output at mines advanced 0.8 percent in June, while the output of utilities decreased 0.1 percent. At 99.1 percent of its 2007 average, total industrial production was 2.0 percent above its year-earlier level. The rate of capacity utilization for total industry edged up 0.1 percentage point to 77.8 percent, a rate that was 0.1 percentage point above its level of a year earlier but 2.4 percentage points below its long-run (1972-2012) average.


  • July 16, 2013
    Revised Estimates of Industrial Capacity

    The estimates for industrial capacity in 2013 were revised for today's G.17 release. The revisions reflect updated measures of physical capacity from various government and trade sources as well as updated estimates of industry capital spending. Capacity for the industrial sector, measured from the fourth quarter of 2012 to the fourth quarter of 2013, is now expected to increase 1.8 percent, a rate that is 0.1 percentage point slower than previously estimated. Manufacturing capacity is expected to rise 1.6 percent in 2013, a pace 0.2 percentage point less than in previous estimates. Relative to the previous estimates, faster gains in the high-technology and motor vehicles industries have been more than offset by slower gains elsewhere in manufacturing. The increase in mining capacity for 2013 has been revised upward by 0.5 percentage point to 4.4 percent, while the change in capacity for utilities, at 0.9 percent, is 0.2 percentage point faster than previously estimated.


  • June 26, 2013
    Industrial Production Seasonal Adjustment Procedures

    A file with detailed information on the procedures used to seasonally adjust the Industrial Production Indexes is now available for download.


  • June 14, 2013
    G.17 Data for May 2013 are now available

    Industrial production and capacity utilization data for May 2013 are now available.

    Industrial production was unchanged in May after having decreased 0.4 percent in April. In May, manufacturing production rose 0.1 percent after falling in each of the previous two months, and the output at mines increased 0.7 percent. The gains in manufacturing and mining were offset by a decrease of 1.8 percent in the output of utilities. At 98.7 percent of its 2007 average, total industrial production in May was 1.6 percent above its year-earlier level. The rate of capacity utilization for total industry edged down 0.1 percentage point to 77.6 percent, a rate 0.2 percentage point below its level of a year earlier and 2.6 percentage points below its long-run (1972-2012) average.


  • June 14, 2013
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been revised back to December 2012 and extended through March 2014. The seasonal factors will be revised again in early 2014 for the annual revision to the industrial production indexes.


  • May 15, 2013
    G.17 Data for April 2013 are now available

    Industrial production and capacity utilization data for April 2013 are now available.

    Industrial production decreased 0.5 percent in April after having increased 0.3 percent in March and 0.9 percent in February. Manufacturing output moved down 0.4 percent in April after a decline of 0.3 percent in March. The index for utilities decreased 3.7 percent in April, as heating demand fell back to a more typical seasonal level after having been elevated in March because of unusually cold weather. The output of mines increased 0.9 percent in April. At 98.7 percent of its 2007 average, total industrial production was 1.9 percent above its year-earlier level. The rate of capacity utilization for total industry decreased 0.5 percentage point to 77.8 percent, a rate 0.1 percentage point above its level of a year earlier but 2.4 percentage points below its long-run (1972--2012) average.


  • April 19, 2013
    Communications Equipment Price Indexes Released
    Annual and quarterly price indexes for communications equipment have been re-estimated using product data through the fourth quarter of 2012. Comma-delimited text files containing quarterly and annual data are available for download.

  • April 16, 2013
    G.17 Data for March 2013 are now available

    Industrial production and capacity utilization data for March 2013 are now available.

    Industrial production rose 0.4 percent in March after having increased 1.1 percent in February. For the first quarter as a whole, output moved up at an annual rate of 5.0 percent, its largest gain since the first quarter of 2012. Manufacturing output edged down 0.1 percent in March after having risen 0.9 percent in February; the index advanced at an annual rate of 5.3 percent in the first quarter. Production at mines decreased 0.2 percent in March and edged down in the first quarter. In March, the output of utilities jumped 5.3 percent, as unusually cold weather drove up heating demand. At 99.5 percent of its 2007 average, total industrial production in March was 3.5 percent above its year-earlier level. The rate of capacity utilization for total industry moved up in March to 78.5 percent, a rate that is 1.2 percentage points above its level of a year earlier but 1.7 percentage points below its long-run (1972--2012) average.


  • March 22, 2013
    G.17 Annual Revision Released

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. Data for the new series are available on the Board's public website and the Data Download Program.

    The Federal Reserve has revised its index of industrial production (IP) and the related measures of capacity and capacity utilization. Measured from fourth quarter to fourth quarter, total IP is now reported to have increased 0.7 percentage point less in 2011 than was previously published. The revisions to IP for other years were smaller: Compared to the previous estimates, industrial production fell slightly less in 2008 and 2009 and increased slightly less in 2010 and 2012. At 97.7 percent of its 2007 average, the index in the fourth quarter of 2012 now stands 0.4 percent below its previous estimate. With these revisions, IP is still estimated to have advanced about 6 percent in 2010, the first full year following the trough in June 2009 of the most recent recession, but it is now estimated to have risen about 3 percent both in 2011 and in 2012. Since the trough of the recession, total IP has reversed about 90 percent of its peak-to-trough decline.


  • March 22, 2013
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production were revised in March 2013 for the annual revision to the index of industrial production. The seasonal factors were revised back to January 2000. The seasonal factors will next be revised in mid June 2013, when manufacturers issue their initial assembly plans for the third quarter.


  • March 15, 2013
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 22, 2013, at 12:00 noon EDT.


  • March 15, 2013
    G.17 Data for February 2013 are now available

    Industrial production and capacity utilization data for February 2013 are now available.

    Industrial production increased 0.7 percent in February after having been unchanged in January. Manufacturing output rose 0.8 percent in February, and the index revised up for the previous two months. In February, the output of utilities advanced 1.6 percent, as temperatures for the month were near their seasonal norms after two months of unseasonably warm weather. The production at mines declined 0.3 percent, its third consecutive monthly decrease. At 99.5 percent of its 2007 average, total industrial production in February was 2.5 percent above its level of a year earlier. The capacity utilization rate for total industry increased to 79.6 percent, a rate that is 0.6 percentage point below its long-run (1972--2012) average.


  • March 11, 2013
    Microprocessor Price Index Released
    An annual price index for microprocessors for the period 2007 through 2011 is now available. The index provides an estimate of year-to-year price changes for microprocessors assuming that the quality of the chip is unchanged. Wholesale prices from publicly available price lists were adjusted for performance using a hedonic regression. This price index will be incorporated into the industrial production index for semiconductors and related components that will be published on March 22, 2013, as a part of the annual revision to the G.17 statistical release on Industrial production and Capacity Utilization. A comma-delimited text file containing annual data (as well as a description of the estimation technique) is available for download. More details are available here.

  • February 15, 2013
    G.17 Data for January 2013 are now available

    Industrial production and capacity utilization data for January 2013 are now available.

    Industrial production edged down 0.1 percent in January after having risen 0.4 percent in December. In January, manufacturing output decreased 0.4 percent following upwardly revised gains of 1.1 percent in December and 1.7 percent in November. For the fourth quarter as a whole, manufacturing production is now estimated to have advanced 1.9 percent at an annual rate; previously, the increase was reported to have been 0.2 percent. In January, the output of utilities rose 3.5 percent, as demand for heating was boosted by temperatures that fell closer to their seasonal norms; the production at mines declined 1.0 percent. At 98.6 percent of its 2007 average, total industrial production in January was 2.1 percent above its level of a year earlier. The capacity utilization rate for total industry decreased in January to 79.1 percent, a rate that is 1.1 percentage points below its long-run (1972--2012) average.


  • February 15, 2013
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 22, 2013.


  • January 16, 2013
    G.17 Data for December 2012 are now available

    Industrial production and capacity utilization data for December 2012 are now available.

    Industrial production increased 0.3 percent in December after having risen 1.0 percent in November when production rebounded in the industries that had been negatively affected by Hurricane Sandy in late October. For the fourth quarter as a whole, total industrial production moved up at an annual rate of 1.0 percent. Manufacturing output advanced 0.8 percent in December following a gain of 1.3 percent in November; production edged up at an annual rate of 0.2 percent in the fourth quarter. The output at mines rose 0.6 percent in December, and the output of utilities fell 4.8 percent as unseasonably warm weather held down the demand for heating. At 98.1 percent of its 2007 average, total industrial production in December was 2.2 percent above its year-earlier level. Capacity utilization for total industry moved up 0.1 percentage point to 78.8 percent, a rate 1.5 percentage points below its long-run (1972--2011) average.


  • December 18, 2012
    Communications Equipment Price Indexes Released
    Quarterly price indexes for communications equipment have been re-estimated using product data through Q3 2012. A comma-delimited text file containing quarterly and annual data (as well as a description of the data) is available for download.

  • December 14, 2012
    G.17 Data for November 2012 are now available

    Industrial production and capacity utilization data for November 2012 are now available.

    Industrial production increased 1.1 percent in November after having fallen 0.7 percent in October. The gain in November is estimated to have largely resulted from a recovery in production for industries that had been negatively affected by Hurricane Sandy, which hit the Northeast region in late October. In November, manufacturing output increased 1.1 percent after having decreased 1.0 percent in October; in addition to the storm-related rebound, a sizable rise in the production of motor vehicles and parts boosted factory output in November. The output of utilities advanced 1.0 percent, and production at mines rose 0.8 percent. At 97.5 percent of its 2007 average, total industrial production in November was 2.5 percent above its year-earlier level. Capacity utilization for total industry increased 0.7 percentage point to 78.4 percent, a rate 1.9 percentage points below its long-run (1972--2011) average.


  • November 16, 2012
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been reestimated using final production data through September 2012. Factors were revised for May 2012 through December 2012 and have been extended through September 2013. Seasonal factors for months prior to May 2012 will be revised at the time of the annual revision to the index of industrial production, currently scheduled for March 2013.


  • November 16, 2012
    G.17 Data for October 2012 are now available

    Industrial production and capacity utilization data for October 2012 are now available.

    Industrial production declined 0.4 percent in October after having increased 0.2 percent in September. Hurricane Sandy, which held down production in the Northeast region at the end of October, is estimated to have reduced the rate of change in total output by nearly 1 percentage point. The largest estimated storm-related effects included reductions in the output of utilities, of chemicals, of food, of transportation equipment, and of computers and electronic products. In October, the index for manufacturing decreased 0.9 percent; excluding storm-related effects, factory output was roughly unchanged from September. The output of utilities edged down 0.1 percent in October, and production at mines advanced 1.5 percent. At 96.6 percent of its 2007 average, total industrial production in October was 1.7 percent above its year-earlier level. Capacity utilization for total industry decreased 0.4 percentage point to 77.8 percent, a rate 2.5 percentage points below its long-run (1972--2011) average.


  • October 16, 2012
    G.17 Data for September 2012 are now available

    Industrial production and capacity utilization data for September 2012 are now available.

    Industrial production rose 0.4 percent in September after having fallen 1.4 percent in August. For the third quarter as a whole, industrial production declined at an annual rate of 0.4 percent. Manufacturing output increased 0.2 percent in September but moved down at an annual rate of 0.9 percent in the third quarter. Production at mines advanced 0.9 percent in September, and the output of utilities moved up 1.5 percent. Roughly 0.3 percentage point of the decline in overall industrial production in August reflected the effect of precautionary idling of production in late August along the Gulf of Mexico in anticipation of Hurricane Isaac, and part of the rise in September is a result of the subsequent resumption of activity at idled facilities. At 97.0 percent of its 2007 average, total industrial production in September was 2.8 percent above its year-earlier level. Capacity utilization for total industry moved up 0.3 percentage point to 78.3 percent, a rate 2.0 percentage points below its long-run (1972-2011) average.


  • September 27, 2012
    Communications Equipment Price Indexes Released
    Quarterly price indexes for communications equipment have been re-estimated using product data through Q2 2012. A comma-delimited text file containing quarterly and annual data (as well as a description of the data) is available for download.

  • September 14, 2012
    G.17 Data for August 2012 are now available

    Industrial production and capacity utilization data for August 2012 are now available.

    Industrial production fell 1.2 percent in August after having risen 0.5 percent in July. Hurricane Isaac restrained output in the Gulf Coast region at the end of August, reducing the rate of change in total industrial production by an estimated 0.3 percentage point. Manufacturing output decreased 0.7 percent in August after having risen 0.4 percent in both June and July. Precautionary shutdowns of oil and gas rigs in the Gulf of Mexico in advance of the hurricane contributed to a drop of 1.8 percent in the output of mines for August. The output of utilities declined 3.6 percent. At 96.8 percent of its 2007 average, total industrial production in August was 2.8 percent above its year-earlier level. Capacity utilization for total industry moved down 1.0 percentage point to 78.2 percent, a rate 2.1 percentage points below its long-run (1972--2011) average.


  • September 14, 2012
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization the end of March 2013.


  • August 15, 2012
    G.17 Data for July 2012 are now available

    Industrial production and capacity utilization data for July 2012 are now available.

    Industrial production increased 0.6 percent in July after having risen 0.1 percent in both May and June. Revisions to the rates of change for recent months left the level of the index in June little changed from its previous estimate. Manufacturing output rose 0.5 percent in July, the same rate of increase as was recorded for June. In July, the output of mines increased 1.2 percent, and the output of utilities rose 1.3 percent. At 98.0 percent of its 2007 average, total industrial production in July was 4.4 percent above its year-earlier level. Capacity utilization for total industry moved up 0.4 percentage point to 79.3 percent, a rate 1.0 percentage point below its long-run (1972-2011) average.


  • August 15, 2012
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been reestimated using final production data through June 2012 and manufacturers' assembly plans through September 2012; they also reflect the holiday schedule in place from the new domestic autoworkers' agreement signed in the 3rd quarter of 2011. Factors have been revised back to March 2012 and extended through December 2012. Factors will next be revised in October 2012, after final data for production in the third quarter are available.


  • August 01, 2012
    Seasonal factors for auto and light truck sales have been released

    Seasonal factors for auto and truck sales have been released.

    The Federal Reserve Board estimates seasonal factors for new light vehicle sales and provides these factors to The Bureau of Economic Analysis (BEA) for use in the National Income and Product Accounts. These factors are estimated once per year using X12-ARIMA and were last estimated in summer 2012, using vehicle sales data through April 2012. The seasonal factors for months that had not yet occurred were based on projections from the X12-ARIMA program. The factors will be revised again in summer 2013. A comma-delimited text file containing these seasonal factors is available for download.


  • July 17, 2012
    G.17 Data for June 2012 are now available

    Industrial production and capacity utilization data for June 2012 are now available.

    Industrial production increased 0.4 percent in June after having declined 0.2 percent in May. In the manufacturing sector, output advanced 0.7 percent in June and reversed a decrease of 0.7 percent in May. In the second quarter of 2012, manufacturing output rose at an annual rate of 1.4 percent, a marked deceleration from its strong gain of 9.8 percent in the first quarter. The largest contribution to the increase in the second quarter came from motor vehicles and parts, which climbed 18.2 percent; excluding motor vehicles and parts, manufacturing output edged up 0.1 percent. Outside of manufacturing, the output of mines advanced 0.7 percent in June, while the output of utilities decreased 1.9 percent. For the quarter, however, the output of mines fell at an annual rate of 1.2 percent, while the output of utilities rose 14.9 percent. At 97.4 percent of its 2007 average, total industrial production in June was 4.7 percent above its year-earlier level. Capacity utilization for total industry moved up 0.2 percentage point in June to 78.9 percent, a rate 1.4 percentage points below its long-run (1972-2011) average.


  • June 15, 2012
    G.17 Data for May 2012 are now available

    Industrial production and capacity utilization data for May 2012 are now available.

    Industrial production edged down 0.1 percent in May after having gained 1.0 percent in April. A decrease of 0.4 percent for manufacturing production in May partially reversed a large increase in April. Outside of manufacturing, the output of mines advanced 0.9 percent in May, while the output of utilities rose 0.8 percent. At 97.3 percent of its 2007 average, total industrial production in May was 4.7 percent above its year-earlier level. Capacity utilization for total industry declined 0.2 percentage point to 79.0 percent, a rate 1.3 percentage points below its long-run (1972-2011) average.


  • May 16, 2012
    G.17 Data for April 2012 are now available

    Industrial production and capacity utilization data for April 2012 are now available.

    Industrial production increased 1.1 percent in April. Output is now reported to have fallen 0.6 percent in March and to have moved up 0.4 percent in February; previously, industrial production was estimated to have been unchanged in both months. Manufacturing output increased 0.6 percent in April after having decreased 0.5 percent in March. Excluding motor vehicles and parts, which increased nearly 4 percent, manufacturing output moved up 0.3 percent, and output for all but a few major industries increased. Production at mines rose 1.6 percent, and the output of utilities gained 4.5 percent after unseasonably warm weather in the first quarter held down demand for heating. At 97.4 percent of its 2007 average, total industrial production for April was 5.2 percent above its year-earlier level. The rate of capacity utilization for total industry moved up to 79.2 percent, a rate 3.1 percentage points above its level from a year earlier but 1.1 percentage points below its long-run (1972-2011) average.


  • May 11, 2012
    Updated Source and Description Tables Available

    We have updated the list of industrial production, capacity, capacity utilization, and gross value series that are available to the public.

    The tables on the "About" page of the Federal Reserve's website for Industrial Production and Capacity Utilization that show the detailed source and structure information have been revised to indicate unpublished series that are available to the public upon request. These series are not published in the G.17 release or as part of the data download program because they do not meet our publication standards. The tables also indicate which detailed series will remain unavailable for contractual reasons with data vendors. Aggregate IP series, capacity and capacity utilization series, and gross-value-weighted series not listed in these tables are also available upon request.


  • April 17, 2012
    G.17 Data for March 2012 are now available

    Industrial production and capacity utilization data for March 2012 are now available.

    Industrial production was unchanged in March for a second month but rose at an annual rate of 5.4 percent in the first quarter of 2012. Manufacturing output declined 0.2 percent in March but jumped 10.4 percent at an annual rate in the first quarter. The gain in manufacturing output in the first quarter was broadly based: Even excluding motor vehicles and parts, which jumped at an annual rate of nearly 40 percent, manufacturing output moved up at an annual rate of 8.3 percent and output for all but a few major industries increased 5 percent or more. In March, production at mines rose 0.2 percent and the output of utilities gained 1.5 percent. For the quarter, however, the output of utilities dropped at an annual rate of 13.8 percent, largely as a result of unseasonably warm temperatures over the past several months, while the output of mining fell 5.4 percent. At 96.6 percent of its 2007 average, total industrial production for March was 3.8 percent above its year-earlier level. The rate of capacity utilization for total industry edged down to 78.6 percent, a rate 2.1 percentage points above its level from a year earlier but 1.7 percentage points below its long-run (1972--2011) average.


  • March 30, 2012
    G.17 Annual Revision

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. Data for the new series are available on the Board's public website and the Data Download Program.

    The Federal Reserve has revised its index of industrial production (IP) and the related measures of capacity and capacity utilization. Measured from fourth quarter to fourth quarter, total IP is now reported to have dropped 0.3 percentage point more in 2009; its gains in both 2010 and 2011 were essentially unchanged from what was previously reported. With these minor revisions, the broad contour of total IP in recent years is similar to previous estimates. Since the trough of the last recession in June 2009, total IP has reversed about three-fourths of its peak-to-trough decline.

    Capacity utilization rates for recent years were revised down. The revisions show that the rate of capacity utilization for total industry was 0.7 percentage point lower than previously estimated in the fourth quarter of 2010 and 0.4 percentage point lower in 2011, primarily as a result of small upward revisions to estimates of industrial capacity. The capacity utilization rate for the fourth quarter of 2008 was revised down 0.3 percentage point, and the rate in the final quarter of 2009 was revised down about 0.8 percentage point.


  • March 30, 2012
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been reestimated using final production data through February 2012 and manufacturers' assembly plans through June 2012; they also reflect the holiday schedule in place from the new domestic autoworkers' agreement signed in the 3rd quarter of 2011. Factors have been revised back to June 2007 and extended through December 2012.


  • March 16, 2012
    G.17 Data for February 2012 are now available

    Industrial production and capacity utilization data for February 2012 are now available.

    Industrial production was unchanged in February after having risen 0.4 percent in January. Previously, industrial production was reported to have been unchanged in January. Manufacturing output moved up 0.3 percent in February. Within manufacturing, the index for motor vehicles and parts fell 1.1 percent after jumping 8.6 percent in January, but the index for manufacturing excluding motor vehicles and parts increased 0.4 percent in February. Production at mines fell 1.2 percent, while the output of utilities was unchanged. At 96.2 percent of its 2007 average, total industrial production for February was 4.0 percent above its year-earlier level. Capacity utilization for total industry edged down to 78.7 percent, a rate 1.2 percentage points above its level from a year earlier but 1.6 percentage points below its long-run (1972-2011) average.


  • March 16, 2012
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization at noon EDT on March 30, 2012.


  • February 15, 2012
    G.17 Data for January 2012 are now available

    Industrial production and capacity utilization data for January 2012 are now available.

    Industrial production was unchanged in January, as a gain of 0.7 percent in manufacturing was offset by declines in mining and utilities. Within manufacturing, the index for motor vehicles and parts jumped 6.8 percent and the index for other manufacturing industries increased 0.3 percent. The output of utilities fell 2.5 percent, as demand for heating was held down by temperatures that moved further above seasonal norms; the output of mines declined 1.8 percent. Total industrial production is now reported to have advanced 1.0 percent in December; the initial estimate had been an increase of 0.4 percent. This large upward revision reflected higher output for many manufacturing and mining industries. At 95.9 percent of its 2007 average, total industrial production in January was 3.4 percent above its level of a year earlier. The capacity utilization rate for total industry decreased to 78.5 percent, a rate 1.8 percentage points below its long-run (1972--2011) average.


  • February 15, 2012
    G.17 Preliminary Estimates of Industry Capacity

  • January 18, 2012
    G.17 Data for December 2011 are now available

    Industrial production and capacity utilization data for December 2011 are now available.

    Industrial production increased 0.4 percent in December after having fallen 0.3 percent in November. For the fourth quarter as a whole, industrial production rose at an annual rate of 3.1 percent, its 10th consecutive quarterly gain. In the manufacturing sector, output advanced 0.9 percent in December with similarly sized gains for both durables and nondurables. The output of utilities fell 2.7 percent, as unseasonably warm weather reduced the demand for heating; the output of mines moved up 0.3 percent. At 95.3 percent of its 2007 average, total industrial production in December was 2.9 percent above its level of a year earlier. The capacity utilization rate for total industry rose to 78.1 percent, a rate 2.3 percentage points below its long-run (1972--2010) average.


  • January 18, 2012
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 30, 2012.


  • December 15, 2011
    G.17 Data for November 2011 are now available

    Industrial production and capacity utilization data for November 2011 are now available.

    Industrial production decreased 0.2 percent in November after having advanced 0.7 percent in October. Factory output moved down 0.4 percent in November; excluding a drop of 3.4 percent in the output of motor vehicles and parts, manufacturing production declined 0.2 percent. Mining production edged up 0.1 percent, while the output of utilities rose 0.2 percent. At 94.8 percent of its 2007 average, total industrial production for November was 3.7 percent above its year-earlier level. Capacity utilization for total industry decreased to 77.8 percent, a rate 2.0 percentage points above its level from a year earlier but 2.6 percentage points below its long-run (1972--2010) average.


  • December 12, 2011
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been reestimated using final production data through October 2011 and manufacturers' assembly plans through March 2012; they also reflect the holiday schedule in place from the new domestic autoworkers' agreement signed in the 3rd quarter of 2011. Factors have been revised back to June 2011 and extended through September 2012.


  • November 16, 2011
    G.17 Annual Revision

  • November 16, 2011
    G.17 Data for October 2011 are now available

    Industrial production and capacity utilization data for October 2011 are now available.

    Industrial production expanded 0.7 percent in October after having declined 0.1 percent in September. Previously, industrial production was reported to have gained 0.2 percent in September; most of this revision resulted from lower estimated output for mining. Factory output increased 0.5 percent in October after having risen 0.3 percent in September. Production at mines climbed 2.3 percent in October, while the output of utilities edged down 0.1 percent. At 94.7 percent of its 2007 average, total industrial production for October was 3.9 percent above its year-earlier level. Capacity utilization for total industry stepped up to 77.8 percent, a rate 2.1 percentage points above its level from a year earlier but 2.6 percentage points below its long-run (1972-2010) average.


  • November 08, 2011
    New graphics options are now available from the Data Download Program (DDP)
    Users can now view plotted data as column charts, and add U.S. recession shading, while using the "View chart" function of the Data Download Program (DDP).


  • October 17, 2011
    G.17 Data for September 2011 are now available

    Industrial production and capacity utilization data for September 2011 are now available.

    Industrial production increased 0.2 percent in September after having been unchanged in August. Previously, industrial production was reported to have stepped up 0.2 percent in August. For the third quarter as a whole, industrial production rose at an annual rate of 5.1 percent. Manufacturing output moved up 0.4 percent in September after having gained 0.3 percent in August. Production at mines advanced 0.8 percent in September, while the output of utilities decreased 1.8 percent. At 94.2 percent of its 2007 average, total industrial production for September was 3.2 percent above its year-earlier level. Capacity utilization for total industry edged up to 77.4 percent, a rate 1.7 percentage points above its level from a year earlier but 3.0 percentage points below its long-run (1972-2010) average.


  • September 15, 2011
    G.17 Data for August 2011 are now available

    Industrial production and capacity utilization data for August 2011 are now available.

    Industrial production increased 0.2 percent in August after having advanced 0.9 percent in July. Manufacturing rose 0.5 percent in August, after a similarly sized gain in July, and the rates of change were revised down slightly in April, May, and June. In August, the output of mines moved up 1.2 percent. The output of utilities decreased 3.0 percent, as temperatures moderated somewhat from the previous month. At 94.0 percent of its 2007 average, total industrial production for August was 3.4 percent above its year-earlier level. Capacity utilization for total industry edged up to 77.4 percent, a rate 1.9 percentage points above its level from a year earlier but 3.0 percentage points below its long-run (1972-2010) average.


  • August 16, 2011
    G.17 Publication Dates for 2012
    The publication dates for 2012 are now available.

  • August 16, 2011
    G.17 Data for July 2011 are now available

    Industrial production and capacity utilization data for July 2011 are now available.

    Industrial production advanced 0.9 percent in July. Although the index was revised down in April, primarily as a result of a downward revision to the output of utilities, stronger manufacturing output led to upward revisions to production in both May and June. Manufacturing output rose 0.6 percent in July, as the index for motor vehicles and parts jumped 5.2 percent and production elsewhere moved up 0.3 percent. The output of mines advanced 1.1 percent, and the output of utilities increased 2.8 percent, as the extreme heat during the month boosted air conditioning usage. At 94.2 percent of its 2007 average, total industrial production for July was 3.7 percentage points above its year-earlier level. The capacity utilization rate for total industry climbed to 77.5 percent, a rate 2.2 percentage points above the rate from a year earlier but 2.9 percentage points below its long-run (1972--2010) average.


  • July 15, 2011
    G.17 Data for June 2011 are now available

    Industrial production and capacity utilization data for June 2011 are now available.

    Industrial production increased 0.2 percent in June after having edged down 0.1 percent in May. For the second quarter as a whole, total industrial production increased at an annual rate of 0.8 percent. Manufacturing output was unchanged in June. In the second quarter, supply chain disruptions following the earthquake in Japan curtailed the production of motor vehicles and parts and restrained output in related industries; the production index for overall manufacturing was little changed for the quarter. The output of mines rose 0.5 percent in June, while the output of utilities climbed 0.9 percent. At 93.1 percent of its 2007 average, total industrial production in June was 3.4 percent above its year-earlier level. The capacity utilization rate for total industry remained unchanged at 76.7 percent in June, a rate 2.2 percentage points above the rate from a year earlier but 3.7 percentage points below its average from 1972 to 2010.


  • June 15, 2011
    Seasonal Factors for auto and truck production have been reestimated

    Seasonal factors for auto and truck production have been reestimated using final production data through April 2011 and manufacturers' assembly plans through September 2011. Factors have been revised back to December 2010 and extended through December 2011.


  • June 15, 2011
    G.17 Data for May 2011 are now available

    Industrial production and capacity utilization data for May 2011 are now available.

    Industrial production edged up 0.1 percent in May, the second consecutive month with little or no gain. Revisions to total industrial production in months before May were small. In May, manufacturing production rose 0.4 percent after having fallen 0.5 percent in April. The output of motor vehicles and parts has been held down in the past two months because of supply chain disruptions following the earthquake in Japan. Excluding motor vehicles and parts, manufacturing output advanced 0.6 percent in May and edged down 0.1 percent in April; the decrease in April in part reflected production lost because of tornadoes in the South at the end of the month. Outside of manufacturing, the output of mines increased 0.5 percent in May, while the output of utilities fell 2.8 percent. At 93.0 percent of its 2007 average, total industrial production in May was 3.4 percent above its year-earlier level. Capacity utilization for total industry was flat at 76.7 percent, a rate 3.7 percentage points below its average from 1972 to 2010.


  • May 17, 2011
    G.17 Data for April 2011 are now available

    Industrial production and capacity utilization data for April 2011 are now available.

    Industrial production was unchanged in April after having increased 0.7 percent in March. Output in February is now estimated to have declined 0.3 percent; previously it was reported to have edged up 0.1 percent. In April, manufacturing production fell 0.4 percent after rising for nine consecutive months. Total motor vehicle assemblies dropped from an annual rate of 9.0 million units in March to 7.9 million units in April, mainly because of parts shortages that resulted from the earthquake in Japan. Excluding motor vehicles and parts, factory production rose 0.2 percent in April. The output of mines advanced 0.8 percent, while the output of utilities increased 1.7 percent. At 93.1 percent of its 2007 average, total industrial production was 5.0 percent above its year-earlier level. The rate of capacity utilization for total industry edged down 0.1 percentage point to 76.9 percent, a rate 3.5 percentage points below its average from 1972 to 2010.


  • April 15, 2011
    G.17 Data for March 2011 are now available

    Industrial production and capacity utilization data for March 2011 are now available.

    Industrial production increased 0.8 percent in March and rose at an annual rate of 6.0 percent for the first quarter as a whole. Manufacturing output advanced 0.7 percent in March, its fourth consecutive month of strong expansion; factory production climbed at an annual rate of 9.1 percent in the first quarter. Outside of manufacturing, the output of mines rose 0.6 percent in March, while the output of utilities increased 1.7 percent after declining significantly in the preceding two months. At 93.6 percent of its 2007 average, total industrial production was 5.9 percent above its year-earlier level. The rate of capacity utilization for total industry rose 0.5 percentage point to 77.4 percent, a rate 3.0 percentage points below its average from 1972 to 2010.


  • March 25, 2011
    G.17 Annual Revision

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. Data for the new series are available on the Board's public website and the Data Download Program.


  • March 17, 2011
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on March 25, 2011, at 12:00 noon EDT..


  • March 17, 2011
    G.17 Data for February 2011 are now available

    Industrial production and capacity utilization data for February 2011 are now available.

    Industrial production declined 0.1 percent in February after having risen 0.3 percent in January; output in January was previously estimated to have edged down 0.1 percent. Manufacturing output increased 0.4 percent in February, and the gain in January was revised up to 0.9 percent. Outside of manufacturing, the output of mines rose 0.8 percent in February, which more than reversed its decline in January. However, the output of utilities fell 4.5 percent--the drop reflected unseasonably warm weather in February, which reduced the demand for heating after two months of unseasonably cold temperatures. At 95.5 percent of its 2007 average, total industrial production was 5.6 percent above its year-earlier level. The capacity utilization rate for total industry edged down 0.1 percentage point to 76.3 percent, a rate 4.2 percentage points below its average from 1972 to 2010.


  • February 16, 2011
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on March 25, 2011.


  • February 16, 2011
    G.17 Data for January 2011 are now available

    Industrial production and capacity utilization data for January 2011 are now available.

    Industrial production decreased 0.1 percent in January 2011 after having risen 1.2 percent in December. In the manufacturing sector, output increased 0.3 percent in January after an upwardly revised gain of 0.9 percent in December. Excluding motor vehicles and parts, factory production rose 0.1 percent in January. The output of utilities fell 1.6 percent in January, as temperatures moved closer to normal after unseasonably cold weather boosted the demand for heating in December; the output of utilities advanced 4.1 percent in that month. In January, the output of mines declined 0.7 percent. At 95.1 percent of its 2007 average, total industrial production in January was 5.2 percent above its level of a year earlier. The capacity utilization rate for total industry edged down to 76.1 percent, a rate 4.4 percentage points below its average from 1972 to 2010.


  • January 14, 2011
    G.17 Data for December 2010 are now available

    Industrial production and capacity utilization data for December 2010 are now available.

    Industrial production increased 0.8 percent in December after having risen 0.3 percent in November. The rate of change for industrial production was revised down in November but revised up in September and October; the net effect of the revisions from July to November left the level of industrial production in November slightly higher than was previously reported. For the fourth quarter as a whole, industrial production increased at an annual rate of 2.4 percent, a slower pace than in the earlier quarters of the year. In the manufacturing sector, output moved up 0.4 percent in December with gains in both durables and nondurables. Excluding motor vehicles and parts, factory output increased 0.5 percent. The output of mines advanced 0.4 percent; the output of utilities surged 4.3 percent, as unusually cold weather boosted the demand for heating. At 94.9 percent of its 2007 average, total industrial production in December was 5.9 percent above its level of a year earlier. The capacity utilization rate for total industry rose to 76.0 percent, a rate 4.6 percentage points below its average from 1972 to 2009.


  • December 15, 2010
    G.17 Data for November 2010 are now available

    Industrial production and capacity utilization data for November 2010 are now available.

    Industrial production increased 0.4 percent in November after a decline of 0.2 percent in October. The rate of change for industrial production was revised down in October but up in September; the net effect of the revisions from June to October left the level of industrial production in October about the same as was previously reported. In the manufacturing sector, output advanced 0.3 percent in November with gains in both durables and nondurables. The gains among durable goods industries were particularly broad-based; only the production of motor vehicles and parts decreased substantially. Excluding motor vehicles and parts, overall factory output advanced 0.7 percent. The output of mines edged lower, but the output of utilities moved up 1.9 percent as the return of more seasonal temperatures boosted the demand for heating. At 93.9 percent of its 2007 average, total industrial production in November was 5.4 percent above its level a year earlier. The capacity utilization rate for total industry rose to 75.2 percent, a rate 5.4 percentage points below its average from 1972 to 2009.


  • December 02, 2010
    New interactive graphics feature of Data Download Program (DDP)
    Users will now be able to create and view interactive graphics of data packages from the program before downloading the underlying data and charts. The charting feature allows users to view multiple data series on a single chart as well as to display individual data points. The charts can be saved as PDFs or in a standard image file format (PNG) for publication and redistribution.

    "Graphics play an important role in identifying data trends and relationships," said Federal Reserve Vice Chair Janet L. Yellen. "With the help of this intuitive new user interface, it's now possible to create customized charts directly from Federal Reserve statistical data."


  • November 16, 2010
    G.17 Data for October 2010 are now available

    Industrial production and capacity utilization data for October 2010 are now available.

    Industrial production was unchanged in October after having fallen 0.2 percent in September. For the manufacturing sector, output gained 0.5 percent in October after having risen 0.1 percent in September. Factory production in September was initially reported to have decreased 0.2 percent, but incoming data on steel, fabricated metal products, machinery, and chemicals helped boost the index. The output of utilities dropped 3.4 percent in October, as unseasonably warm temperatures reduced demand for heating. Production at mines fell 0.1 percent. At 93.4 percent of its 2007 average, total industrial production in October was 5.3 percent above its year-earlier level. The capacity utilization rate for total industry was flat at 74.8 percent, a rate 6.6 percentage points above the low in June 2009 and 5.8 percentage points below its average from 1972 to 2009.


  • November 16, 2010
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on in late March 2011.


  • October 18, 2010
    G.17 Data for September 2010 are now available

    Industrial production and capacity utilization data for September 2010 are now available.

    Industrial production decreased 0.2 percent in September after having increased 0.2 percent in August. The indexes both for manufacturing and for manufacturing excluding motor vehicles and parts also moved down 0.2 percent in September. Production at mines moved up 0.7 percent, while the output of utilities fell 1.9 percent. For the third quarter as a whole, total industrial production rose at an annual rate of 4.8 percent after having advanced about 7 percent in both the first and second quarters of this year. The index for manufacturing decelerated sharply in the third quarter: After having jumped at an annual rate of 9.1 percent in the second quarter, factory output gained 3.6 percent in the third quarter. At 93.2 percent of its 2007 average, total industrial production in September was 5.4 percent above its year-earlier level. The capacity utilization rate for total industry edged down to 74.7 percent, a rate 4.2 percentage points above the rate from a year earlier but 5.9 percentage points below its average from 1972 to 2009.


  • August 17, 2010
    G.17 Publication Dates for 2011
    The publication dates for 2011 are now available.

  • June 25, 2010
    G.17 Annual Revision

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. Data for the new series are available on the Board's public website and the Data Download Program.


  • June 21, 2010
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on June 25, 2010, at 12:00 p.m.


  • April 15, 2010
    G.17 Annual Revision

  • February 17, 2010
    Preliminary Estimates of Industrial Capacity for 2010
    The data in this release include preliminary estimates of industrial capacity for 2010. Measured fourth quarter to fourth quarter, total industrial capacity is projected to decrease 0.8 percent this year after having declined 0.9 percent in 2009. Manufacturing capacity is estimated to decline 1.0 percent in 2010 following a decrease of 1.2 percent last year. Mining capacity is estimated to move up 0.3 percent in 2010 after having declined 0.7 percent in 2009, and utilities capacity is projected to expand 2.1 percent this year, which is 0.3 percentage point faster than it had last year. These estimates will be updated with the publication in late June 2010 of the annual revision to industrial production, capacity, and capacity utilization.

  • February 17, 2010
    G.17 Annual Revision

    The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity utilization in late June 2010.


  • December 02, 2009
    G.17 Annual Revision

    The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization in the second quarter of 2010. The date for the issuance of the revision has been deferred because of a prospective delay in the availability of the 2008 Annual Survey of Manufactures from the U.S. Census Bureau.


  • October 16, 2009
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on in late March 2010.


  • September 16, 2009
    G.17 Publication Dates for 2010
    The publication dates for 2010 are now available.

  • March 27, 2009
    G.17 Annual Revision

    The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. With this revision, the series code for Carpet and Rug Mills (NAICS 31411) was changed to G31411. Prior to the revision, the series code was N31411. Data for the new series are available on the Board's public website and the Data Download Program


  • March 16, 2009
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on March 27, 2009, at 2:00 p.m.


  • February 18, 2009
    Preliminary Estimates of Industrial Capacity for 2009
    The data in this release include preliminary estimates of industrial capacity for 2009. Measured fourth quarter to fourth quarter, total industrial capacity is projected to decrease 0.3 percent this year after having expanded 1.5 percent in 2008. Manufacturing capacity is estimated to decline 0.6 percent in 2009 after having risen 1.7 percent last year. In 2009, mining capacity is estimated to expand 0.8 percent, about the same as in 2008, and utilities capacity is projected to rise 1.7 percent, which is 0.5 percentage point slower than it had last year. With the publication on March 27, 2009, of the annual revision to industrial production, capacity, and capacity utilization, these estimates will be updated to reflect more-comprehensive source data, including the U.S. Census Bureau's Survey of Plant Capacity for the fourth quarter of 2008, which covers manufacturing.

  • January 16, 2009
    G.17 Annual Revision

    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on March 27, 2009.


  • September 15, 2008
    Capacity Utilization Rates for October 2007 - February 2008 Updated

    Capacity utilization rates for October 2007 through February 2008 have been updated with the G.17 Statistical Release published on September 15, 2008. In April 2008, a six-month reporting window was instituted for the industrial production indexes in the G.17 Statistical Release; however, the capacity utilization rates inadvertently continued to be calculated for only a four-month window. Table 7A shows the revised rates for the affected months. The download program and the historical data files on the Federal Reserve Board's website have been updated with revised data.


  • September 15, 2008
    G.17 Annual Revision
    The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization around the end of March 2009.

  • September 15, 2008
    G.17 Publication Dates for 2009
    The publication dates for 2009 are now available.

  • August 11, 2008
    Bulletin article discusses the 2008 IP/CU Annual Revision
    August 11, 2008: A Federal Reserve Bulletin article, Industrial Production and Capacity Utilization: The 2008 Annual Revision (858 KB PDF) is now available online. The article reviews the 2008 annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. It discusses both the changes in estimation methods introduced in the revision and the revised estimates of IP, capacity, and capacity utilization.

  • April 01, 2008
    G.17 Change in Reporting Window
    April 1, 2008: Beginning with the release of March 2008 data in the Federal Reserve's monthly G.17 Statistical Release, monthly releases will be based on a six-month reporting window: One month of new data will be reported, and the previous five months of data will be revised. For example, the monthly release to be issued on April 16, 2008 will include new data for March and revised data for October 2007 through February 2008. Previously, the monthly releases were issued with a four-month reporting window, which covered one month of new data and revisions to the previous three months of data.

  • April 01, 2008
    G.17 Annual Revision
    March 28, 2008: The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization.

  • February 15, 2008
    Preliminary estimates of industrial capacity for 2008

    February 15, 2008: The data in this release include preliminary estimates of industrial capacity for 2008. Measured fourth quarter to fourth quarter, total industrial capacity is projected to rise 1.9 percent this year after having expanded 1.8 percent in 2007. Manufacturing capacity is estimated to increase 2.1 percent in 2008, the same amount as in 2007. In 2008, mining capacity is estimated to expand 0.7 percent, and utilities capacity is projected to rise 1.9 percent; both rates of increase would be slightly faster than for last year. With the publication on March 28, 2008, of the annual revision to industrial production, capacity, and capacity utilization, these estimates will be updated to reflect more-comprehensive source data, including the 2006 Survey of Plant Capacity, physical capacity data from government and trade sources, and the revised production indexes.


  • February 15, 2008
    G.17 Annual Revision
    February 15, 2008: The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on March 28, 2008.

  • August 15, 2007
    G.17 Annual Revision
    August 15, 2007: The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization around the end of March 2008.

  • June 15, 2007
    Semiannual update to the capacity estimates
    June 15, 2007: This release includes the semiannual update to the capacity estimates for 2007. The estimated rate of increase in total industrial capacity from the fourth quarter of 2006 to the fourth quarter of 2007 is 1.8 percent, a downward revision of 0.3 percentage point from the initial estimate in mid-February; the rate of change for manufacturing capacity was revised down by a similar amount.

  • June 04, 2007
    Bulletin article discusses the 2006 IP/CU Annual Revision
    June 4, 2007: A Federal Reserve Bulletin article, Industrial Production and Capacity Utilization: The 2006 Annual Revision (144 KB PDF) is now available online. The article reviews the 2006 annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. It discusses both the changes in estimation methods introduced in the revision and the revised estimates of IP, capacity, and capacity utilization.

  • February 15, 2007
    Preliminary estimates of industrial capacity for 2007
    February 15, 2007: The data in this release include preliminary estimates of industrial capacity for 2007. Total industrial capacity is projected to rise 2.1 percent in 2007 after having expanded 2.4 percent in 2006. Manufacturing capacity, which is estimated to increase 2.4 percent this year, also decelerates relative to 2006.

  • December 18, 2006
    RSS feeds now available from the Federal Reserve Board
    The Federal Reserve Board's Data Download Program (DDP) now provides RSS feeds for users. Subscribers are notified about any updates or changes to the available data.The announcements will also be available on the DDP website. To subscribe to a feed, please visit the main RSS feeds page.

  • December 13, 2006
    2006 Annual IP Revision
    December 11, 2006: the Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization.

  • December 04, 2006
    Seasonal factors for auto and truck production
    December 4, 2006: Seasonal factors for auto and truck production have been reestimated using final production data through the third quarter of 2006. Factors have been revised back to January 2003 and extended through June 2007. The factors will be updated again and extended through December 2007 after third-quarter production schedules are published at the end of June. A comma-delimited text file containing these seasonal factors is available for download.

  • November 28, 2006
    2006 Annual IP Revision
    November 28, 2006: The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on December 11, 2006 at 2:00 p.m. (EST).

  • November 16, 2006
    2006 Annual IP Revision is tentatively 12/11/2006
    November 16, 2006: The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization late this year the publication date is tentatively December 11 but is conditional on the date of issuance of the 2005 Annual Survey of Manufactures. An announcement will be posted when the final date for the G.17 revision is determined.

  • October 17, 2006
    G.17 Publication Dates for 2007
    October 17, 2006: The publication dates for 2007 are now available.

  • July 17, 2006
    2006 Annual IP Revision
    July 17, 2006: The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization this fall; the publication date is yet to be determined.

  • June 15, 2006
    Updated estimates of industrial capacity in 2006
    June 15, 2006: This release includes updated estimates for 2006 from our semiannual review of industrial capacity. The estimated rates of change between the fourth quarter of 2005 and the fourth quarter of 2006 for total industrial capacity and for manufacturing capacity are the same as in the previous estimates: 2.0 percent and 2.5 percent respectively.

  • June 05, 2006
    Seasonal factors for auto and truck production
    June 5, 2006: Seasonal factors for auto and truck production have been reestimated using final production data through April and manufacturers' assembly plans through September. Factors have been revised back to February 2006 and extended through December 2006. A comma-delimited text file containing these seasonal factors is available for download.

  • May 17, 2006
    Beverages (NAICS 2121), NSA, reissued
    May 17, 2006: The not seasonally adjusted indexes for Beverages (NAICS 3121) and all industry and market group aggregates have been reissued to correct an error in the indexes for January through April 2006. The seasonally adjusted indexes were correct as issued on May 16, 2006, and were not reissued. The not seasonally adjusted indexes are reported in the supplement to the G.17, which is also being reissued. The principal G.17 release was correct as originally issued. The revised data are available from the historical data webpage for the G.17.

  • April 14, 2006
    Change in number of decimals displayed
    April 14, 2006: The number of decimals displayed in the historical and current data files increased from 3 to 4 decimal places. These files are available from the historical data webpage for the G.17.

  • March 21, 2006
    Change in number of decimals displayed
    March 21, 2006: Beginning with the April 14, 2006 publication, the number of decimals displayed in the historical and current data files will increase from 3 to 4 decimal places. These files are available from the historical data webpage for the G.17.

  • March 17, 2006
    2005 Annual IP Revision article
    March 17, 2006: A Federal Reserve Bulletin article, Industrial Production and Capacity Utilization: The 2005 Annual Revision (161 KB PDF), is now available online. The article reviews the 2005 annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization. It discusses both the changes in estimation methods introduced in the revision and the revised estimates of IP, capacity, and capacity utilization.

  • February 15, 2006
    Preliminary estimates of 2006 industrial capacity
    February 15, 2006: The data in this release include preliminary estimates of industrial capacity for 2006.

  • January 17, 2006
    Final survey of industrial electric power use
    January 17, 2006: This release no longer contains tables on electric power use by industry. The December 15, 2005, release included results from the final survey of industrial electric power use conducted by the Federal Reserve Board. The rate of response to the voluntary survey had dropped significantly since the early 1990s, and coverage in 2004 was nearly 40 percent lower than at its peak in 1993. A notice seeking comment on the termination of the electric power survey was published in the Federal Register on September 29, 2005 by the end of the public comment period, November 28, 2005, no comments had been received. Although the indexes of electric power use will no longer be updated, the historical indexes will remain available on the historical data webpage for the G.17.

  • December 15, 2005
    Final survey of industrial electric power use
    December 15, 2005: This release includes the result from the final survey of industrial electric power use to be conducted by the Federal Reserve Board.

  • December 06, 2005
    Final survey of industrial electric power use
    December 6, 2005: The Federal Reserve will discontinue its survey of industrial electric power use with the publication on December 15, 2005, of data for October 2005. The response rate for the voluntary survey had dropped significantly since the early 1990s, with coverage in 2004 nearly 40 percent less than at its peak in 1993. With the publication of the annual revision to the G.17 on November 7, 2005, the monthly indicators for the industrial production indexes for the twenty industries that previously relied on electric power use were changed to production-worker hours for the period 1997 to the present. Although the indexes of electric power use will no longer be updated, the historical indexes will remain available from the historical data page for the G.17. A notice seeking comments on this action was originally published in the Federal Register on September 29, 2005; no comments were received during the public comment period, which ended on November 28, 2005.

  • November 17, 2005
    Seasonal factors for auto and truck production
    November 17, 2005: Seasonal factors for auto and truck production were modified to correct an error in the factors for January 2006. A comma-delimited text file containing these seasonal factors is available for download.

  • November 07, 2005
    2005 Annual IP Revision
    November 7, 2005: The Federal Reserve Board issued its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization.

  • November 04, 2005
    2005 Annual IP Revision
    November 4, 2005: The Federal Reserve Board will issue its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on Monday, November 7, 2005 at 10:00 a.m.

  • October 24, 2005
    Several individual IP series will be changed
    October 24, 2005: With the release of the annual revision of industrial production on November 7, 2005, several individual series which have been based primarily on electric power usage will be changed to new series based primarily on production worker hour data from 1997 forward. These series are published in tables in the G.17 Supplement. A list of the new series is available.

  • October 24, 2005
    Seasonal factors for auto and truck production
    October 24, 2005: Seasonal factors for auto and truck production have been reestimated using final production data through September. Factors have been revised back to January 2003 and extended through June 2006. A comma-delimited text file containing these seasonal factors is available for download.

  • October 14, 2005
    Names for the G.17 data files changed
    October 14, 2005: The names for the current and historical data files changed. These files are accessible from links on the download page. For a couple of months, you will be able to access the old file names by entering the old names in your browser address window. A file containing the old and new names is available.

  • October 06, 2005
    Names for the G.17 data files changed
    October 6, 2005: Beginning with the October 14, 2005 publication, the file names for the current and historical data files will change. These files are accessible from the download page. A file containing the old and new names is available.

  • September 14, 2005
    G.17 Publication dates for 2006
    September 14, 2005: The publication dates for 2006 are now available.

  • August 16, 2005
    2005 Annual IP Revision
    August 16, 2005: The Federal Reserve Board plans to issue an annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on November 7, 2005.

  • June 15, 2005
    Updated estimates of industrial capacity in 2005
    June 15, 2005: This release includes updated estimates of industrial capacity in 2005. The estimated rate of change in total industrial capacity between the fourth quarter of 2004 and the fourth quarter of 2005 was revised down 0.1 percentage point, to a gain of 1.2 percent; the estimated rate of change in manufacturing capacity was revised down similarly.

  • June 10, 2005
    Seasonal factors for auto and truck production
    June 10, 2005: Seasonal factors for auto and truck production have been revised back to February 2005 and extended through December 2005. A comma-delimited text file containing these seasonal factors is available for download.

  • February 16, 2005
    Preliminary estimates of 2005 industrial capacity
    February 16, 2005: The data in this release include preliminary estimates of industrial capacity for 2005. Total industrial capacity is projected to expand 1.3 percent in 2005, the fastest increase since 2001 although still considerably less than the average gain of 3.7 percent over the past ten years.

Last update: April 16, 2014