FEDERAL RESERVE STATISTICAL RELEASE G.17 (419) For release at 9:15 a.m. (EDT) July 16, 2008 Industrial Production and Capacity Utilization Industrial production advanced 0.5 percent in June after having fallen 0.2 percent in May. Industrial production for the second quarter as a whole dropped 3.1 percent (annual rate) from the first quarter. Manufacturing output gained 0.2 percent in June and was boosted by a jump of 5.4 percent in the output of motor vehicles and parts; activity resumed at motor vehicle parts and assembly plants that had been idled by a strike that began in late February and ended in late May. Excluding motor vehicles and parts, factory output edged down 0.1 percent. Outside of manufacturing, the output at mines increased 1.1 percent, and the output at utilities was up 2.1 percent. At 111.7 percent of its 2002 average, total industrial production was 0.3 percent above its level of a year earlier. In June, the capacity utilization rate for total industry moved up to 79.9 percent, a level 1.1 percentage points below its average for 1972-2007. Market Groups ------------- The production of consumer goods increased 0.7 percent in June. The output of automotive products surged 6.2 percent, but other major categories of consumer durables posted declines. The indexes for appliances, furniture, and carpeting and for miscellaneous consumer goods both fell; although the index for home electronics also declined in June, it increased 24.3 percent (annual rate) in the second quarter. The production of nondurable goods advanced 0.2 percent in June. Higher output of both fuels and electricity helped push the index for consumer energy products up 1.2 percent. Non-energy nondurable consumer goods declined 0.1 percent, as a drop in the production of foods and tobacco more than offset increases in the output of clothing, chemical products, and paper products. For the second quarter, the indexes for clothing, chemical products, and paper products all fell, but the index for foods and tobacco posted an increase. The output of business equipment rose 0.2 percent in June. Production of transit equipment was up 1.7 percent, and the index for information processing and related equipment increased 1.1 percent. The output of industrial and other equipment fell 0.8 percent, and for the second quarter as a whole, this index declined at an annual rate of 10.6 percent. The output of defense and space equipment increased 1.2 percent in June after having fallen in the previous four months. Among nonindustrial supplies, the production of construction supplies was off 0.9 percent in June; it dropped 6.5 percent (annual rate) in the second quarter. The index for business supplies edged up 0.1 percent in June, but it still fell 2.7 percent (annual rate) for the second quarter as a whole. Materials output increased 0.5 percent in June, in part because of an increase of 1.0 percent in energy materials. Excluding energy, materials output moved up 0.3 percent. The production of durable materials advanced 0.7 percent: A pickup in the production of motor vehicle parts boosted the index for consumer parts, and an increase in the index for semiconductors, printed circuit boards, and other equipment helped push up the index for equipment parts. The production of nondurable materials fell 0.4 percent, with declines in all the major components: textiles, paper, and chemicals. Industry Groups --------------- Production in manufacturing increased 0.2 percent in June. The factory operating rate was unchanged at 77.6 percent, a level 2.1 percentage points below its 1972-2007 average. For the second quarter as a whole, manufacturing output decreased 3.7 percent (annual rate); this index has posted declines for the past three quarters. Production of durable goods rose 0.7 percent in June. In addition to the jump in the output of motor vehicles and parts, the indexes for wood products, primary metals, computer and electronic products, and aerospace and miscellaneous transportation equipment all posted gains. The indexes for nonmetallic mineral products, fabricated metal products, machinery, furniture and related products, and miscellaneous manufacturing moved lower. The output of nondurable goods fell 0.3 percent. Declines in the indexes for food, beverage, and tobacco products; textiles and product mills; paper; printing and support; and chemicals were only partly offset by higher output of apparel and leather products, petroleum and coal products, and plastics and rubber products. The index for other manufacturing industries (non-NAICS), which consist of logging and publishing, rose 0.8 percent. The output of electric and gas utilities increased 2.1 percent in June, and the operating rate for utilities moved up 1.6 percentage points, to 86.5 percent. Mining production advanced 1.1 percent, and capacity utilization in this industry rose to 91.2 percent, a rate 3.7 percentage points above its 1972-2007 average. Capacity utilization rates at industries grouped by stage of process were as follows: For the crude stage, utilization edged up 0.1 percentage point, to 89.7 percent, a rate 3.1 percentage points above its 1972-2007 average; for the primary and semifinished stages, utilization moved up 0.3 percentage point, to 79.9 percent, a rate 2.3 percentage points below its long-run average; and for the finished stage, utilization increased 0.2 percentage point, to 76.0 percent, a rate 1.7 percentage points below its long-run average. INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | 2002=100 | Percent change | ----------------------------------------------------------------- | ----------------------------------------------------------------------------------- | 2008 | 2008 | June '07 to Industrial production | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | June '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total index | 112.6 112.2 112.2 111.4 111.2 111.7 | .2 -.4 .1 -.7 -.2 .5 | .3 Previous estimates | 112.5 111.8 111.9 111.1 110.9 | .1 -.6 .1 -.7 -.2 | | | | Major market groups | | | Final Products | 114.0 113.7 113.4 112.2 112.1 112.8 | .4 -.3 -.2 -1.1 -.1 .7 | -.1 Consumer goods | 108.0 107.8 107.2 106.1 105.9 106.7 | .6 -.2 -.5 -1.0 -.2 .7 | -.8 Business equipment | 131.4 131.1 132.0 129.8 130.0 130.3 | .2 -.2 .7 -1.7 .2 .2 | 1.6 Nonindustrial supplies | 107.7 107.0 107.1 106.5 106.2 106.1 | .1 -.6 .1 -.6 -.2 -.1 | -1.9 Construction | 103.6 102.3 102.1 101.0 101.4 100.6 | -.6 -1.3 -.2 -1.1 .5 -.9 | -6.3 Materials | 113.0 112.6 112.9 112.4 112.1 112.7 | -.1 -.4 .3 -.4 -.3 .5 | 1.5 | | | Major industry groups | | | Manufacturing (see note below) | 113.8 113.1 113.4 112.3 112.3 112.5 | .0 -.7 .2 -.9 -.1 .2 | -.6 Previous estimates | 113.8 113.0 113.3 112.3 112.3 | .0 -.7 .2 -.9 .0 | Mining | 103.2 103.6 103.7 103.3 103.6 104.7 | -.7 .3 .1 -.4 .3 1.1 | 3.8 Utilities | 110.8 112.1 110.4 110.8 108.5 110.8 | 2.4 1.1 -1.5 .4 -2.1 2.1 | 4.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | Capacity | Percent of capacity | growth | ------------------------------------------------------------------------------------------------------------------------------------------- | --------------- | Average 1988- 1990- 1994- 2001- | | | 1972- 89 91 95 02 2007 | 2008 | June '07 to Capacity utilization | 2007 high low high low June | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | June '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total industry | 81.0 85.0 78.6 85.1 73.6 81.0 | 81.0 80.3 80.5 79.9 79.6 79.9 | 1.8 Previous estimates | | 81.0 80.3 80.3 79.6 79.4 | | | | Manufacturing (see note below) | 79.7 85.4 77.1 84.6 71.5 79.6 | 79.1 78.4 78.5 77.7 77.6 77.6 | 2.0 Previous estimates | | 79.1 78.4 78.5 77.7 77.5 | Mining | 87.5 86.3 83.6 88.7 84.8 88.8 | 90.4 90.5 90.5 90.1 90.3 91.2 | 1.0 Utilities | 86.8 92.7 84.1 93.9 84.6 85.0 | 87.5 85.8 86.7 86.9 84.9 86.5 | 2.2 | | | Stage-of-process groups | | | Crude | 86.6 88.3 84.4 89.5 81.9 88.2 | 89.4 89.4 89.6 89.1 89.6 89.7 | .8 Primary and semifinished | 82.2 86.4 77.8 88.2 74.6 81.7 | 81.4 80.3 80.6 80.2 79.6 79.9 | 2.2 Finished | 77.7 82.8 77.1 80.4 69.9 77.7 | 77.5 77.0 77.1 75.9 75.8 76.0 | 1.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ r Revised. p Preliminary. Note. The statistics in this release cover output, capacity, and capacity utilization in the U.S. industrial sector, which is defined by the Federal Reserve to comprise manufacturing, mining, and electric and gas utilities. Mining is defined as all industries in sector 21 of the North American Industry Classification System (NAICS); electric and gas utilities are those in NAICS sectors 2211 and 2212. Manufacturing comprises NAICS manufacturing industries (sector 31-33) plus the logging industry and the newspaper, periodical, book, and directory publishing industries. Logging and publishing are classified elsewhere in NAICS (under agriculture and information respectively), but historically they were considered to be manufacturing and were included in the industrial sector under the Standard Industrial Classification (SIC) system. In December 2002 the Federal Reserve reclassified all its industrial output data from the SIC system to NAICS. Table 1 Industrial Production: Market and Industry Group Summary Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| June '07 | | 2007 | | 2007 2008 | 2008 | to Item | NAICS |Proportion<1>| 2005 2006 2007 | Q4 Q1[r] Q2[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | June '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total IP | | 100.00 | 2.6 1.7 2.1 | .3 .5 -3.1 | .2 -.4 .1 -.7 -.2 .5 | .3 | | | | | | MARKET GROUP | | | | | | Final products and nonindustrial supplies | | 56.13 | 4.4 1.0 1.3 | -1.6 .7 -4.3 | .4 -.4 -.1 -.9 -.2 .5 | -.6 Consumer goods | | 29.33 | 2.4 .2 1.1 | -2.9 1.1 -5.1 | .6 -.2 -.5 -1.0 -.2 .7 | -.8 Durable | | 6.68 | 1.5 -3.9 .9 | -7.2 -10.6 -15.6 | -1.5 -.9 -2.0 -3.8 .6 2.6 | -7.1 Automotive products | | 3.23 | -1.9 -5.3 3.6 | -8.2 -11.9 -28.7 | -1.9 -.7 -4.4 -7.7 1.2 6.2 | -9.6 Home electronics | | .31 | 11.0 11.5 14.2 | 33.1 7.6 24.3 | -1.4 .5 .3 3.5 2.5 -.2 | 16.9 Appliances, furniture, carpeting | | 1.08 | 1.6 -6.1 -6.0 | -12.9 -19.6 -6.1 | -2.8 -2.0 .2 -.3 -.8 -.7 | -11.7 Miscellaneous goods | | 2.06 | 5.6 -2.8 -1.5 | -7.9 -6.5 -3.4 | -.3 -1.0 .4 -.8 .1 -.2 | -4.3 Nondurable | | 22.65 | 2.7 1.5 1.2 | -1.5 4.7 -2.0 | 1.2 .0 -.1 -.2 -.4 .2 | 1.1 Non-energy | | 16.27 | 3.0 2.1 .9 | -2.1 .6 -.6 | .1 -.4 .8 -.6 .1 -.1 | .0 Foods and tobacco | | 8.99 | 3.9 .3 1.5 | -4.6 -.6 1.4 | -.2 -.7 1.9 -.7 .5 -.8 | -.8 Clothing | | .54 | -2.1 .3 -1.9 | -3.5 -2.7 -10.4 | -1.0 -.8 -2.0 -.2 -2.0 1.2 | -5.1 Chemical products | | 4.71 | 3.1 7.7 .0 | 3.5 1.7 -1.8 | .5 .2 -.9 .1 -.4 .6 | 2.2 Paper products | | 1.56 | -.9 -2.4 1.1 | -5.1 4.4 -4.0 | .6 .1 .4 -1.8 .1 1.3 | -.4 Energy | | 6.38 | 1.7 -.2 1.9 | .2 15.9 -5.4 | 4.2 .8 -2.3 .7 -1.7 1.2 | 4.2 | | | | | | Business equipment | | 9.38 | 10.3 7.8 2.8 | 1.8 3.4 -4.5 | .2 -.2 .7 -1.7 .2 .2 | 1.6 Transit | | 1.71 | 15.9 9.1 -3.4 | -4.2 -5.1 -7.8 | -1.2 -.9 -.2 -2.5 .5 1.7 | -3.0 Information processing | | 2.72 | 14.6 12.8 8.9 | 13.3 11.3 9.1 | .3 1.1 1.3 .5 .1 1.1 | 11.3 Industrial and other | | 4.95 | 5.9 4.4 1.7 | -2.2 1.9 -10.6 | .6 -.8 .7 -2.8 .1 -.8 | -2.1 Defense and space equipment | | 1.73 | 6.9 -2.6 5.2 | 4.8 1.5 -3.2 | .8 -1.2 -.1 -.1 -.9 1.2 | 1.8 | | | | | | Construction supplies | | 4.21 | 7.5 -3.5 -1.6 | -8.3 -7.6 -6.5 | -.6 -1.3 -.2 -1.1 .5 -.9 | -6.3 Business supplies | | 10.64 | 2.6 -.3 1.1 | .8 .5 -2.7 | .3 -.4 .2 -.4 -.5 .1 | -.2 | | | | | | Materials | | 43.87 | .3 2.5 3.2 | 2.9 .3 -1.5 | -.1 -.4 .3 -.4 -.3 .5 | 1.5 Non-energy | | 29.30 | 2.4 1.3 3.5 | .9 -1.7 -2.0 | -.2 -.7 .4 -.5 -.2 .3 | .2 Durable | | 17.55 | 5.4 1.2 5.4 | 2.1 .3 -2.1 | .1 .0 .2 -.6 -.5 .7 | 1.8 Consumer parts | | 2.92 | .5 -5.8 -2.0 | -10.6 -12.7 -11.4 | -.6 -1.1 -1.8 -1.8 -.2 1.4 | -8.7 Equipment parts | | 6.02 | 11.3 9.4 12.5 | 13.1 9.8 6.8 | .9 .7 1.6 .1 -.2 1.0 | 11.1 Other | | 8.62 | 2.9 -2.0 3.0 | -.9 -1.7 -5.1 | -.2 -.2 -.2 -.7 -.8 .3 | -1.0 Nondurable | | 11.75 | -2.2 1.6 .6 | -.9 -4.7 -2.0 | -.6 -1.7 .6 -.4 .3 -.4 | -2.4 Textile | | .52 | .5 -12.2 -9.4 | -8.8 -12.7 -7.3 | -2.1 -.1 -1.5 -1.4 1.6 -1.3 | -12.1 Paper | | 2.23 | -1.1 1.6 -1.3 | 2.9 -4.1 -2.1 | -1.6 -1.9 .8 -.8 .9 -.6 | -.5 Chemical | | 5.78 | -5.8 4.9 2.1 | -1.1 -5.4 -.7 | -.3 -1.7 .1 .2 .2 -.2 | -2.5 Energy | | 14.58 | -4.0 5.2 2.7 | 7.1 4.3 -.6 | .1 .2 .1 -.3 -.5 1.0 | 4.2 | | | | | | | | | | | | INDUSTRY GROUP | | | | | | Manufacturing | | 78.70 | 3.7 1.1 2.3 | -.6 -.9 -3.7 | .0 -.7 .2 -.9 -.1 .2 | -.6 Manufacturing (NAICS) | 31-33 | 75.02 | 3.9 1.4 2.5 | -.4 -.8 -3.5 | .0 -.7 .3 -.9 .0 .2 | -.4 | | | | | | Durable manufacturing | | 38.51 | 6.9 1.6 3.9 | .3 -.4 -5.5 | .0 -.5 .2 -1.5 -.1 .7 | -.2 Wood products | 321 | 1.19 | 11.6 -13.3 -6.8 | -17.5 -13.6 -6.5 | -2.1 -.8 -.5 -.1 -1.8 .8 | -11.9 Nonmetallic mineral products | 327 | 2.25 | 5.3 -3.5 .7 | -6.5 -9.4 -6.3 | .2 -1.7 1.9 -1.4 .0 -2.5 | -6.2 Primary metal | 331 | 2.70 | -1.1 -4.2 4.1 | .0 10.4 -11.0 | 2.1 -1.1 -.9 -1.2 -2.4 2.9 | 2.2 Fabricated metal products | 332 | 5.58 | 6.2 3.2 3.4 | 1.4 -.1 -5.6 | .2 -.2 .0 -.9 .1 -1.6 | -1.6 Machinery | 333 | 4.89 | 8.3 2.5 -.7 | -5.8 -1.5 -10.0 | .4 -.7 1.2 -2.7 -.2 -1.0 | -4.3 Computer and electronic products | 334 | 6.85 | 15.1 12.2 13.9 | 20.6 13.7 14.8 | .2 1.8 2.0 .9 .3 1.5 | 16.6 Electrical equip., appliances, | | | | | | and components | 335 | 1.93 | 1.8 -.5 3.7 | -2.1 2.2 5.4 | .0 -1.4 1.8 -.2 1.2 .0 | 1.9 Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.2 | -13.1 -14.3 -28.5 | -1.7 -.9 -4.9 -6.7 .6 5.4 | -11.9 Aerospace and miscellaneous | | | | | | transportation equipment | 3364-9 | 3.50 | 11.5 4.5 10.9 | 6.7 .5 -4.3 | .8 -1.3 .2 -.6 -.8 1.2 | 2.4 Furniture and related products | 337 | 1.43 | 1.6 -1.6 -1.7 | -7.5 -15.8 -9.6 | -2.1 -1.7 -.5 -1.1 -.6 -.4 | -8.4 Miscellaneous | 339 | 3.09 | 6.6 2.7 1.5 | -1.2 .8 -2.7 | .5 -2.3 1.9 -1.0 .1 -.8 | -1.0 | | | | | | Nondurable manufacturing | | 36.50 | .7 1.3 .9 | -1.1 -1.2 -1.3 | .0 -.8 .4 -.3 .1 -.3 | -.7 Food, beverage, and tobacco products | 311,2 | 10.74 | 4.1 .3 2.1 | -3.7 -.2 1.2 | -.1 -.7 2.0 -.6 .2 -.8 | -.6 Textile and product mills | 313,4 | .93 | -.3 -11.7 -8.1 | -8.9 -10.3 -5.4 | -2.6 .2 -.5 -1.6 1.0 -.6 | -10.1 Apparel and leather | 315,6 | .57 | -1.3 -.8 -2.0 | -2.1 -2.8 -9.8 | -1.1 -.7 -1.8 -.2 -2.0 1.3 | -4.5 Paper | 322 | 2.54 | -.7 .3 -2.2 | .3 -2.9 -1.4 | -1.4 -2.4 1.5 -1.3 1.6 -.8 | -.7 Printing and support | 323 | 1.87 | .5 1.9 -1.3 | .3 -4.0 -5.3 | -.6 -1.2 1.4 -.8 -.6 -1.9 | -3.4 Petroleum and coal products | 324 | 5.24 | -3.7 2.2 -.5 | .2 7.9 -1.7 | 2.9 -1.0 -1.1 .9 -.6 .4 | 1.8 Chemical | 325 | 11.57 | -1.2 5.0 1.4 | .1 -2.4 -1.1 | .0 -.7 -.2 .1 .1 -.2 | -.4 Plastics and rubber products | 326 | 3.04 | 2.6 -3.6 4.4 | 1.8 -8.1 -4.7 | -1.4 .0 -1.2 -.9 .3 .8 | -1.6 | | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | -.5 -4.5 -1.4 | -4.7 -3.7 -8.1 | -.6 -.2 -.3 -1.6 -.7 .8 | -4.4 | | | | | | Mining | 21 | 11.62 | -4.9 8.2 .2 | 5.4 3.1 1.4 | -.7 .3 .1 -.4 .3 1.1 | 3.8 Utilities | 2211,2 | 9.68 | 2.0 -.7 3.1 | 2.2 9.6 -3.7 | 2.4 1.1 -1.5 .4 -2.1 2.1 | 4.0 Electric | 2211 | 7.98 | 3.5 -1.2 3.3 | 3.3 5.5 -4.2 | 2.5 .3 -.4 -.1 -2.7 2.9 | 3.1 Natural gas | 2212 | 1.70 | -4.6 1.5 2.0 | -3.3 31.4 -1.1 | 2.0 4.6 -6.5 2.8 .8 -1.6 | 8.2 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> The proportion data are estimates of the relative contribution of each series to the growth of total industrial production in the following year. Note. Under industry groups, the figures to the right of the series descriptions are 2002 North American Industry Classification System (NAICS) codes. The abbreviation pt denotes part of a NAICS code. Additional industry detail is available on the Board's web site (www.federalreserve.gov/releases/G17). Under market groups, in the products category, miscellaneous consumer nondurables, oil and gas drilling, and manufactured homes are not shown separately; in the nondurable materials category, containers and miscellaneous nondurable materials are not shown separately. Table 2 Industrial Production: Special Aggregates and Selected Detail Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| June '07 | | 2007 | | 2007 2008 | 2008 | to Item | NAICS | Proportion| 2005 2006 2007 | Q4 Q1[r] Q2[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | June '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total industry | | 100.00 | 2.6 1.7 2.1 | .3 .5 -3.1 | .2 -.4 .1 -.7 -.2 .5 | .3 | | | | | | Energy | | 24.66 | -1.8 3.7 2.3 | 4.7 7.6 -1.3 | 1.4 .4 -.7 .2 -.8 1.2 | 4.2 Consumer products | | 6.38 | 1.7 -.2 1.9 | .2 15.9 -5.4 | 4.2 .8 -2.3 .7 -1.7 1.2 | 4.2 Commercial products | | 2.94 | .4 1.2 2.0 | 3.9 8.8 -.8 | 2.9 .9 -1.7 .8 -1.3 2.0 | 4.2 Oil and gas well drilling | 213111 | .77 | 11.9 14.8 -.8 | -.9 1.2 20.1 | -2.8 -1.1 2.1 1.9 1.7 1.5 | 4.7 Converted fuel | | 4.15 | -2.6 2.5 5.3 | 6.4 3.5 -.6 | 1.2 -.3 -.3 .6 -1.0 .8 | 4.7 Primary energy | | 10.42 | -4.6 6.4 1.6 | 7.3 4.6 -.5 | -.3 .4 .3 -.6 -.3 1.0 | 4.0 | | | | | | Non-energy | | 75.34 | 3.9 1.1 2.1 | -1.0 -1.7 -3.7 | -.2 -.6 .3 -1.0 .0 .2 | -.9 Selected high-technology industries | | 4.31 | 22.4 17.3 22.3 | 29.5 17.7 19.7 | .4 2.1 2.7 1.3 .1 1.8 | 23.6 Computers and peripheral equipment | 3341 | .98 | 28.8 18.0 16.7 | 19.9 22.8 5.7 | 2.1 1.6 .9 -.2 .3 .8 | 14.6 Communications equipment | 3342 | 1.28 | 13.7 20.6 20.6 | 30.4 6.8 20.4 | -.9 .2 2.2 2.6 .1 1.6 | 21.8 Semiconductors and related | | | | | | electronic components | 334412-9 | 2.04 | 24.0 15.4 25.9 | 33.7 22.8 26.3 | .4 3.5 4.0 1.3 .1 2.4 | 29.3 | | | | | | Excluding selected high-technology | | | | | | industries | | 71.03 | 2.7 .0 .8 | -2.8 -2.9 -5.1 | -.3 -.8 .2 -1.2 .0 .1 | -2.4 | | | | | | Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.2 | -13.1 -14.3 -28.5 | -1.7 -.9 -4.9 -6.7 .6 5.4 | -11.9 Motor vehicles | 3361 | 2.28 | -2.3 -7.0 -2.7 | -17.6 -16.7 -39.3 | -2.0 -1.8 -6.4 -11.9 3.2 9.8 | -14.2 Motor vehicle parts | 3363 | 2.47 | -.6 -4.3 .5 | -8.0 -10.8 -16.9 | -.6 -.5 -3.8 -2.5 -.4 2.9 | -7.4 | | | | | | Excluding motor vehicles and parts | | 65.91 | 3.0 .6 1.1 | -1.9 -2.0 -3.1 | -.2 -.8 .5 -.8 .0 -.2 | -1.6 Consumer goods | | 19.88 | 3.1 1.0 .3 | -3.0 -1.4 -1.3 | -.2 -.5 .7 -.6 .1 -.2 | -1.2 Business equipment | | 7.33 | 7.3 5.8 2.8 | .0 2.8 -6.2 | .4 -.5 .8 -2.0 .1 -.1 | .0 Construction supplies | | 4.17 | 7.5 -3.7 -1.9 | -8.8 -7.8 -6.9 | -.6 -1.3 -.2 -1.2 .5 -.9 | -6.7 Business supplies | | 7.41 | 2.4 -1.6 -.1 | -1.5 -3.4 -4.4 | -.6 -1.0 .9 -1.0 -.2 -.7 | -2.9 Materials | | 25.38 | .6 .7 1.8 | -.8 -2.7 -2.7 | -.2 -1.0 .4 -.4 -.2 -.1 | -1.3 | | | | | | Measures excluding selected high-technology | | | | | | industries | | | | | | Total industry | | 95.69 | 1.6 .9 1.2 | -1.0 -.3 -4.1 | .2 -.5 -.1 -.8 -.2 .4 | -.7 Manufacturing<1> | | 74.39 | 2.5 .1 1.1 | -2.3 -2.0 -5.0 | .0 -.8 .1 -1.0 -.1 .1 | -2.0 Durable | | 34.37 | 4.7 -.5 1.5 | -3.2 -2.8 -8.5 | .0 -.9 -.2 -1.8 -.2 .5 | -3.1 | | | | | | Measures excluding motor vehicles and parts | | | | | | Total industry | | 94.88 | 2.8 2.1 2.4 | 1.1 1.4 -1.6 | .3 -.3 .3 -.4 -.2 .3 | 1.0 Manufacturing<1> | | 73.58 | 4.0 1.7 2.6 | .3 .0 -1.9 | .1 -.6 .6 -.5 -.1 -.1 | .2 Durable | | 33.56 | 8.1 2.8 4.8 | 2.6 1.7 -1.8 | .3 -.5 .9 -.7 -.3 .0 | 1.7 | | | | | | Measures excluding selected high-technology | | | | | | industries and motor vehicles and parts | | | | | | Total industry | | 90.57 | 1.7 1.4 1.4 | -.2 .6 -2.6 | .3 -.5 .2 -.5 -.3 .2 | -.1 Manufacturing<1> | | 69.27 | 2.7 .6 1.3 | -1.4 -1.1 -3.2 | .1 -.8 .4 -.7 -.1 -.2 | -1.3 | | | | | | Measures of non-energy materials | | | | | | inputs to | | | | | | Finished processors | | 11.68 | 5.6 2.8 5.1 | 4.0 .4 .0 | -.1 -.3 .5 -.5 .1 .7 | 2.8 Primary and semifinished processors | | 17.61 | .1 .3 2.4 | -1.1 -3.1 -3.4 | -.2 -1.0 .2 -.4 -.4 .0 | -1.6 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page. Table 3 Motor Vehicle Assemblies Millions of units, seasonally adjusted annual rate -------------------------------------------------------------------------------------------------------------------------------------------- | 2007 | 2007 2008 | 2008 Item |Average| Q3 Q4 Q1 Q2 | Jan. Feb. Mar. Apr. May June -------------------------------------------------------------------------------------------------------------------------------------------- Total | 10.75 | 10.93 10.50 9.91 8.81 | 10.19 10.14 9.39 8.44 8.68 9.30 Autos | 3.92 | 3.93 3.97 3.93 3.62 | 3.94 3.86 3.98 3.51 3.62 3.73 Trucks | 6.83 | 7.01 6.53 5.98 5.19 | 6.25 6.28 5.41 4.94 5.07 5.57 Light | 6.55 | 6.75 6.29 5.74 4.94 | 6.03 6.05 5.15 4.67 4.80 5.34 Medium and heavy | .28 | .25 .24 .24 .25 | .22 .23 .26 .27 .26 .23 | | | Memo: | | | Autos and light trucks | 10.47 | 10.68 10.26 9.67 8.55 | 9.97 9.90 9.13 8.17 8.42 9.07 -------------------------------------------------------------------------------------------------------------------------------------------- Note. Seasonal factors and underlying data for auto, light truck, and medium and heavy truck production are available on the Board's web site, www.federalreserve.gov/releases/G17/mvsf.htm Table 4 Industrial Production Indexes: Market and Industry Group Summary 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Oct. Nov. Dec. Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total IP | | 100.00 | 111.8 112.3 112.4 112.6 112.2 112.2 111.4 111.2 111.7 | | | MARKET GROUP | | | Final products and nonindustrial supplies | | 56.13 | 111.6 111.8 111.9 112.3 111.8 111.7 110.7 110.5 111.0 Consumer goods | | 29.33 | 107.3 107.4 107.4 108.0 107.8 107.2 106.1 105.9 106.7 Durable | | 6.68 | 102.4 102.9 102.7 101.1 100.2 98.2 94.5 95.0 97.5 Automotive products | | 3.23 | 100.0 101.1 101.6 99.6 98.9 94.6 87.3 88.3 93.8 Home electronics | | .31 | 158.8 167.6 170.1 167.7 168.6 169.2 175.1 179.5 179.1 Appliances, furniture, carpeting | | 1.08 | 94.1 92.9 91.7 89.1 87.3 87.5 87.2 86.6 86.0 Miscellaneous goods | | 2.06 | 103.8 103.2 102.3 101.9 100.9 101.3 100.5 100.6 100.4 Nondurable | | 22.65 | 108.8 108.8 108.8 110.1 110.1 110.0 109.7 109.3 109.5 Non-energy | | 16.27 | 109.4 108.8 109.2 109.3 108.9 109.7 109.1 109.2 109.1 Foods and tobacco | | 8.99 | 110.0 109.5 109.6 109.3 108.6 110.6 109.8 110.4 109.5 Clothing | | .54 | 76.3 76.2 78.0 77.2 76.6 75.1 74.9 73.5 74.4 Chemical products | | 4.71 | 118.8 118.0 118.5 119.1 119.4 118.2 118.4 118.0 118.7 Paper products | | 1.56 | 95.8 95.2 95.9 96.5 96.6 97.0 95.2 95.3 96.6 Energy | | 6.38 | 107.6 109.0 108.1 112.6 113.5 110.8 111.6 109.7 111.0 | | | Business equipment | | 9.38 | 129.9 130.2 131.2 131.4 131.1 132.0 129.8 130.0 130.3 Transit | | 1.71 | 122.6 123.2 123.9 122.5 121.4 121.1 118.1 118.8 120.7 Information processing | | 2.72 | 160.7 162.7 164.8 165.2 167.1 169.2 170.1 170.3 172.2 Industrial and other | | 4.95 | 116.7 116.2 116.7 117.4 116.5 117.3 114.1 114.2 113.3 Defense and space equipment | | 1.73 | 118.3 120.2 119.9 120.9 119.5 119.4 119.2 118.1 119.5 | | | Construction supplies | | 4.21 | 105.4 104.5 104.2 103.6 102.3 102.1 101.0 101.4 100.6 Business supplies | | 10.64 | 108.8 109.2 108.9 109.3 108.9 109.2 108.7 108.1 108.3 | | | Materials | | 43.87 | 112.2 113.0 113.1 113.0 112.6 112.9 112.4 112.1 112.7 Non-energy | | 29.30 | 116.4 117.2 116.9 116.7 115.9 116.3 115.8 115.6 115.9 Durable | | 17.55 | 125.5 126.4 125.8 126.0 125.9 126.2 125.5 124.8 125.8 Consumer parts | | 2.92 | 92.4 92.9 90.7 90.1 89.1 87.5 85.9 85.8 87.0 Equipment parts | | 6.02 | 174.6 176.5 176.7 178.3 179.5 182.4 182.7 182.3 184.2 Other | | 8.62 | 109.7 110.4 110.0 109.8 109.5 109.4 108.6 107.7 108.1 Nondurable | | 11.75 | 102.9 103.5 103.7 103.1 101.3 101.9 101.6 101.8 101.4 Textile | | .52 | 73.5 73.1 72.6 71.0 71.0 69.9 68.9 70.0 69.1 Paper | | 2.23 | 96.4 97.7 99.3 97.8 95.9 96.7 95.8 96.7 96.2 Chemical | | 5.78 | 111.9 112.5 112.3 111.9 110.0 110.1 110.4 110.6 110.4 Energy | | 14.58 | 102.5 103.3 104.1 104.2 104.4 104.5 104.2 103.7 104.7 | | | | | | INDUSTRY GROUP | | | Manufacturing | | 78.70 | 113.5 113.8 113.8 113.8 113.1 113.4 112.3 112.3 112.5 Manufacturing (NAICS) | 31-33 | 75.02 | 114.8 115.1 115.1 115.2 114.4 114.7 113.7 113.7 113.9 | | | Durable manufacturing | | 38.51 | 122.2 122.9 122.8 122.9 122.2 122.4 120.6 120.5 121.3 Wood products | 321 | 1.19 | 96.5 94.2 94.3 92.3 91.5 91.0 90.9 89.3 90.0 Nonmetallic mineral products | 327 | 2.25 | 108.9 109.7 105.9 106.1 104.3 106.3 104.7 104.7 102.1 Primary metal | 331 | 2.70 | 110.0 111.0 112.9 115.2 114.0 112.9 111.5 108.8 111.9 Fabricated metal products | 332 | 5.58 | 113.1 113.7 113.1 113.4 113.2 113.2 112.2 112.3 110.4 Machinery | 333 | 4.89 | 116.4 115.4 114.6 115.2 114.3 115.7 112.6 112.3 111.2 Computer and electronic products | 334 | 6.85 | 192.8 196.2 198.1 198.5 202.0 205.9 207.8 208.4 211.4 Electrical equip., appliances, | | | and components | 335 | 1.93 | 104.3 105.0 106.1 106.1 104.6 106.4 106.3 107.5 107.5 Motor vehicles and parts | 3361-3 | 5.12 | 95.1 95.8 95.5 93.9 93.1 88.5 82.6 83.1 87.6 Aerospace and miscellaneous | | | transportation equipment | 3364-9 | 3.50 | 125.3 126.9 126.4 127.4 125.7 126.0 125.2 124.2 125.6 Furniture and related products | 337 | 1.43 | 101.7 101.4 100.1 98.1 96.4 95.9 94.9 94.3 93.9 Miscellaneous | 339 | 3.09 | 116.5 116.0 117.2 117.8 115.1 117.4 116.2 116.3 115.4 | | | Nondurable manufacturing | | 36.50 | 106.7 106.6 106.8 106.8 106.0 106.4 106.1 106.2 105.8 Food, beverage, and tobacco products | 311,2 | 10.74 | 110.5 110.0 110.1 110.0 109.1 111.3 110.7 110.9 109.9 Textile and product mills | 313,4 | .93 | 77.7 77.1 77.2 75.3 75.4 75.0 73.9 74.6 74.1 Apparel and leather | 315,6 | .57 | 77.0 76.8 78.7 77.8 77.2 75.8 75.7 74.2 75.2 Paper | 322 | 2.54 | 94.1 95.4 97.3 96.0 93.7 95.1 93.8 95.3 94.6 Printing and support | 323 | 1.87 | 98.9 99.4 99.0 98.4 97.3 98.6 97.8 97.2 95.3 Petroleum and coal products | 324 | 5.24 | 108.7 108.1 108.5 111.7 110.6 109.3 110.4 109.7 110.1 Chemical | 325 | 11.57 | 114.5 114.7 114.6 114.6 113.8 113.5 113.6 113.8 113.5 Plastics and rubber products | 326 | 3.04 | 104.6 105.4 104.5 103.0 103.1 101.8 101.0 101.2 102.1 | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | 92.2 91.7 91.9 91.3 91.1 90.8 89.4 88.8 89.4 | | | Mining | 21 | 11.62 | 101.3 102.9 103.9 103.2 103.6 103.7 103.3 103.6 104.7 Utilities | 2211,2 | 9.68 | 108.4 109.1 108.2 110.8 112.1 110.4 110.8 108.5 110.8 Electric | 2211 | 7.98 | 112.3 111.1 109.7 112.4 112.8 112.4 112.3 109.3 112.5 Natural gas | 2212 | 1.70 | 90.9 99.4 101.2 103.2 108.0 100.9 103.7 104.6 102.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 1. Table 5 Industrial Production Indexes: Special Aggregates 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Oct. Nov. Dec. Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total industry | | 100.00 | 111.8 112.3 112.4 112.6 112.2 112.2 111.4 111.2 111.7 | | | Energy | | 24.66 | 106.1 107.1 107.3 108.8 109.2 108.5 108.6 107.7 109.0 Consumer products | | 6.38 | 107.6 109.0 108.1 112.6 113.5 110.8 111.6 109.7 111.0 Commercial products | | 2.94 | 114.7 115.7 113.9 117.2 118.2 116.2 117.2 115.7 118.0 Oil and gas well drilling | 213111 | .77 | 163.1 169.1 174.1 169.3 167.5 171.0 174.3 177.3 179.9 Converted fuel | | 4.15 | 109.8 108.0 108.8 110.2 109.8 109.5 110.1 109.0 109.8 Primary energy | | 10.42 | 99.4 101.2 101.9 101.6 102.0 102.3 101.6 101.4 102.4 | | | Non-energy | | 75.34 | 113.4 113.6 113.7 113.4 112.7 113.1 111.9 111.9 112.2 Selected high-technology industries | | 4.31 | 243.2 247.5 250.6 251.6 256.8 263.8 267.3 267.7 272.6 Computers and peripheral equipment | 3341 | .98 | 194.6 198.1 201.4 205.7 208.9 210.8 210.3 211.0 212.7 Communications equipment | 3342 | 1.28 | 186.3 188.6 192.4 190.5 190.9 195.1 200.1 200.3 203.5 Semiconductors and related | | | electronic components | 334412-9 | 2.04 | 306.4 312.6 314.5 315.8 326.9 339.8 344.2 344.5 352.9 | | | Excluding selected high-technology | | | industries | | 71.03 | 107.2 107.4 107.4 107.1 106.2 106.4 105.1 105.1 105.3 | | | Motor vehicles and parts | 3361-3 | 5.12 | 95.1 95.8 95.5 93.9 93.1 88.5 82.6 83.1 87.6 Motor vehicles | 3361 | 2.28 | 94.4 96.1 96.4 94.5 92.8 86.8 76.5 78.9 86.6 Motor vehicle parts | 3363 | 2.47 | 94.3 94.8 93.5 93.0 92.6 89.1 86.8 86.4 89.0 | | | Excluding motor vehicles and parts | | 65.91 | 108.3 108.4 108.4 108.2 107.3 107.9 107.1 107.0 106.8 Consumer goods | | 19.88 | 107.9 107.4 107.6 107.3 106.8 107.6 106.9 107.0 106.8 Business equipment | | 7.33 | 120.0 120.0 120.5 121.0 120.5 121.4 119.0 119.1 119.0 Construction supplies | | 4.17 | 104.7 103.8 103.4 102.9 101.5 101.3 100.1 100.6 99.6 Business supplies | | 7.41 | 102.2 102.4 102.5 101.9 100.9 101.8 100.7 100.5 99.8 Materials | | 25.38 | 107.7 108.3 108.1 107.9 106.8 107.2 106.7 106.5 106.5 | | | Measures excluding selected high-technology | | | industries | | | Total industry | | 95.69 | 107.0 107.4 107.4 107.6 107.1 107.0 106.1 105.9 106.3 Manufacturing<1> | | 74.39 | 107.5 107.7 107.6 107.6 106.7 106.8 105.7 105.7 105.8 Durable | | 34.37 | 110.3 110.7 110.5 110.5 109.5 109.3 107.3 107.1 107.6 | | | Measures excluding motor vehicles and parts | | | Total industry | | 94.88 | 112.9 113.4 113.5 113.8 113.4 113.7 113.3 113.0 113.3 Manufacturing<1> | | 73.58 | 115.0 115.3 115.4 115.5 114.8 115.4 114.8 114.7 114.6 Durable | | 33.56 | 127.4 128.0 128.0 128.4 127.8 129.0 128.0 127.7 127.7 | | | Measures excluding selected high-technology | | | industries and motor vehicles and parts | | | Total industry | | 90.57 | 107.8 108.1 108.2 108.4 107.9 108.1 107.6 107.3 107.5 Manufacturing<1> | | 69.27 | 108.6 108.7 108.7 108.8 107.9 108.4 107.6 107.5 107.3 | | | Measures of non-energy materials | | | inputs to | | | Finished processors | | 11.68 | 127.1 128.3 128.0 127.9 127.6 128.2 127.5 127.7 128.5 Primary and semifinished processors | | 17.61 | 108.7 109.2 109.0 108.7 107.7 108.0 107.5 107.1 107.1 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 2. <1> See note on cover page. Table 6 Diffusion Indexes of Industrial Production Percent ------------------------------------------------------------------------------------------------------- Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. ------------------------------------------------------------------------------------------------------- One Month Earlier 2006 60.9 43.3 52.6 57.4 49.0 52.9 56.1 48.4 44.6 42.0 42.3 59.0 2007 42.9 56.4 58.3 62.2 49.7 57.4 55.6 45.5 53.8 44.6 57.1 50.0 2008 48.1 44.9 52.6 43.4 55.1 Three Months Earlier 2006 58.3 50.6 56.4 51.9 55.1 51.3 52.6 52.6 49.4 41.7 37.5 45.2 2007 46.2 52.9 51.0 62.5 59.6 61.9 59.6 56.7 55.8 43.6 52.9 51.9 2008 48.4 42.3 47.4 40.7 49.0 Six Months Earlier 2006 56.4 54.2 58.0 57.7 52.9 52.2 49.0 53.8 49.0 44.2 44.9 47.1 2007 38.8 43.6 45.5 57.4 58.7 56.4 65.4 57.7 61.2 51.6 53.5 54.8 2008 46.5 43.6 46.5 43.9 45.2 ------------------------------------------------------------------------------------------------------- Note: The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six months) plus one-half the percentage that were unchanged. Table 7 Capacity Utilization Percent of capacity, seasonally adjusted -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 1972- 1994- 2001-| | | | 2007 | 2007 95 02| 2007 2008 | 2008 Item | NAICS | proportion| ave. high low| Q4 Q1[r] Q2[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | | 100.00 | 81.0 85.1 73.6 | 81.0 80.6 79.8 | 81.0 80.3 80.5 79.9 79.6 79.9 | | | | | Manufacturing<1> | | 80.83 | 79.7 84.6 71.5 | 79.3 78.7 77.6 | 79.1 78.4 78.5 77.7 77.6 77.6 Manufacturing (NAICS) | 31-33 | 77.04 | 79.5 84.7 71.0 | 79.3 78.7 77.7 | 79.1 78.4 78.6 77.7 77.6 77.6 | | | | | Durable manufacturing | | 41.25 | 78.0 84.2 68.1 | 77.8 77.0 75.4 | 77.5 76.8 76.8 75.5 75.2 75.5 Wood products | 321 | 1.36 | 79.9 87.9 70.7 | 70.1 67.7 66.7 | 68.2 67.6 67.3 67.2 66.1 66.7 Nonmetallic mineral products | 327 | 2.35 | 79.4 84.0 74.9 | 78.2 75.9 74.4 | 76.6 74.9 76.3 75.1 75.0 73.0 Primary metal | 331 | 2.64 | 80.9 95.8 68.5 | 83.9 85.7 83.0 | 86.9 85.6 84.7 83.6 81.5 83.8 Fabricated metal products | 332 | 5.64 | 77.5 85.5 69.5 | 81.3 81.1 79.8 | 81.3 81.0 81.0 80.2 80.2 78.9 Machinery | 333 | 5.15 | 78.7 87.6 63.7 | 77.3 76.5 74.3 | 76.7 76.0 76.9 74.7 74.4 73.6 Computer and electronic products | 334 | 7.82 | 78.3 83.7 58.2 | 77.4 77.6 78.3 | 76.8 77.4 78.5 78.5 78.0 78.5 Electrical equip., appliances, | | | | | and components | 335 | 1.87 | 83.2 93.1 72.0 | 83.4 83.4 84.0 | 83.8 82.5 83.8 83.5 84.3 84.2 Motor vehicles and parts | 3361-3 | 5.82 | 77.4 89.0 69.7 | 72.4 69.8 64.1 | 71.4 70.7 67.2 62.7 63.1 66.5 Aerospace and miscellaneous | | | | | transportation equipment | 3364-9 | 3.69 | 72.7 68.8 62.8 | 80.4 80.2 79.0 | 81.0 79.8 79.8 79.2 78.5 79.3 Furniture and related products | 337 | 1.53 | 78.6 83.2 68.2 | 76.6 73.6 71.9 | 74.4 73.3 72.9 72.2 71.8 71.6 Miscellaneous | 339 | 3.38 | 76.6 81.2 70.5 | 74.7 74.3 73.5 | 75.1 73.3 74.6 73.7 73.7 73.0 | | | | | Nondurable manufacturing | | 35.78 | 81.6 85.4 74.8 | 81.0 80.6 80.2 | 81.0 80.3 80.5 80.3 80.3 80.0 Food, beverage, and tobacco products | 311,2 | 10.68 | 81.5 84.0 75.7 | 81.1 80.9 80.9 | 80.8 80.1 81.7 81.1 81.2 80.5 Textile and product mills | 313,4 | 1.08 | 82.0 91.8 68.9 | 68.9 67.5 67.1 | 67.5 67.4 67.5 66.6 67.4 67.2 Apparel and leather | 315,6 | .66 | 78.4 87.5 60.2 | 73.0 73.1 71.8 | 73.7 73.3 72.2 72.2 71.0 72.2 Paper | 322 | 2.50 | 87.6 92.4 78.5 | 82.6 82.1 81.9 | 83.0 81.1 82.3 81.2 82.6 82.0 Printing and support | 323 | 2.00 | 83.5 86.5 72.6 | 76.4 75.4 74.2 | 75.7 74.7 75.7 75.0 74.5 73.0 Petroleum and coal products | 324 | 4.21 | 85.9 90.5 83.8 | 88.9 90.5 90.2 | 91.4 90.6 89.6 90.4 89.9 90.2 Chemical | 325 | 11.69 | 78.3 81.2 69.4 | 78.9 78.2 77.7 | 78.7 78.1 77.8 77.8 77.8 77.5 Plastics and rubber products | 326 | 2.98 | 83.6 91.8 74.6 | 84.6 82.4 81.0 | 82.9 82.8 81.6 80.8 80.9 81.4 | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.79 | 84.5 83.0 80.3 | 79.2 78.2 76.6 | 78.6 77.8 78.1 76.8 76.3 76.8 | | | | | Mining | 21 | 9.90 | 87.5 88.7 84.8 | 90.2 90.4 90.5 | 90.4 90.5 90.5 90.1 90.3 91.2 Utilities | 2211,2 | 9.27 | 86.8 93.9 84.6 | 85.9 86.7 86.1 | 87.5 85.8 86.7 86.9 84.9 86.5 | | | | | Selected high-technology industries | | 4.93 | 78.1 85.6 55.9 | 79.9 79.6 80.3 | 78.7 79.2 80.9 80.8 79.9 80.3 Computers and peripheral equipment | 3341 | 1.13 | 77.9 86.3 66.8 | 78.3 79.6 78.8 | 78.8 80.0 80.0 79.1 78.7 78.6 Communications equipment | 3342 | 1.45 | 75.7 82.8 40.4 | 80.1 80.7 81.9 | 80.5 80.9 80.7 82.1 81.5 82.1 Semiconductors and related | | | | | electronic components | 334412-9 | 2.35 | 80.8 92.2 57.4 | 80.5 79.1 80.4 | 77.6 78.0 81.6 81.1 79.8 80.3 | | | | | Measures excluding selected high-technology | | | | | industries | | | | | Total industry | | 95.07 | 81.2 85.0 74.8 | 81.0 80.7 79.8 | 81.2 80.4 80.5 79.8 79.6 79.9 Manufacturing<1> | | 75.90 | 79.8 84.5 72.8 | 79.2 78.6 77.5 | 79.1 78.4 78.4 77.5 77.4 77.4 | | | | | Stage-of-process groups | | | | | Crude | | 13.93 | 86.6 89.5 81.9 | 89.3 89.5 89.5 | 89.4 89.4 89.6 89.1 89.6 89.7 Primary and semifinished | | 47.15 | 82.2 88.2 74.6 | 81.3 80.8 79.9 | 81.4 80.3 80.6 80.2 79.6 79.9 Finished | | 38.92 | 77.7 80.4 69.9 | 77.6 77.2 75.9 | 77.5 77.0 77.1 75.9 75.8 76.0 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page Note. See notes to table 2. Table 8 Industrial Capacity Percent change ----------------------------------------------------------------------------------------------------------------------------------------------------- | Average annual rate | Fourth quarter to fourth quarter | Annual rate | Monthly rate |----------------------------|------------------------------------|----------------------------|-------------- | 1972- 1980- 1989- 1995-| | 2007 2008 | 2008 Item | 79 88 94 2008 | 2005 2006 2007 2008 | Q3 Q4 Q1 Q2 | June ----------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | 3.0 2.0 2.2 3.0 | .8 1.3 1.8 1.5 | 2.0 1.9 1.8 1.6 | .1 | | | | Manufacturing<1> | 3.2 2.2 2.5 3.4 | 1.4 1.4 2.0 1.7 | 2.1 2.2 2.0 1.8 | .1 | | | | Mining | .8 .0 -.8 -.4 | -1.1 1.4 1.7 .7 | 1.7 1.3 .9 .7 | .0 Utilities | 4.2 2.3 1.5 2.2 | .7 .8 1.2 2.2 | 1.5 2.1 2.3 2.4 | .2 | | | | | | | | Selected high-technology industries | 19.7 17.4 15.6 24.7 | 13.1 10.3 21.4 17.6 | 23.6 23.0 20.8 18.0 | 1.3 Manufacturing<1> ex. selected | | | | high-technology industries | 2.6 1.3 1.6 1.5 | .7 .8 .8 .8 | .8 .9 .9 .8 | .1 | | | | Stage-of-process groups | | | | Crude | 1.7 .3 -.4 .0 | -.8 .9 1.4 .5 | 1.4 1.0 .7 .5 | .0 Primary and semifinished | 3.0 1.4 2.4 3.5 | .8 1.2 2.1 1.9 | 2.4 2.4 2.3 2.0 | .1 Finished | 3.8 3.4 2.6 3.2 | 2.3 1.8 1.7 1.8 | 1.8 1.9 1.9 1.8 | .1 ----------------------------------------------------------------------------------------------------------------------------------------------------- <1> Refer to note on cover page. Table 9 Gross Value of Final Products and Nonindustrial Supplies Billions of 2000 dollars at annual rate, seasonally adjusted ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 2007 2008 | 2008 Item | 2000 | 2007 | Q4 Q1[r] Q2[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | Final products and nonindustrial | | | | supplies | 2,813.4 | 3,034.7 | 3,039.0 3,048.6 3,005.2 | 3,062.1 3,048.2 3,035.5 3,003.1 2,996.6 3,016.0 | | | | Final products | 2,114.3 | 2,311.5 | 2,316.7 2,327.5 2,289.3 | 2,337.6 2,328.7 2,316.1 2,286.2 2,281.2 2,300.6 | | | | Consumer goods | 1,476.4 | 1,606.3 | 1,605.4 1,612.2 1,582.3 | 1,621.4 1,615.2 1,600.0 1,580.6 1,575.3 1,591.0 Durable | 471.7 | 495.0 | 492.2 477.3 451.5 | 484.8 480.0 467.1 443.2 447.3 464.0 Automotive products | 278.6 | 299.3 | 298.8 288.8 263.5 | 295.1 292.5 278.9 255.2 258.9 276.5 Other durable goods | 193.0 | 195.8 | 193.5 188.5 187.9 | 189.7 187.6 188.2 187.9 188.3 187.5 Nondurable | 1,004.8 | 1,105.3 | 1,106.5 1,123.3 1,114.4 | 1,126.4 1,124.1 1,119.4 1,118.6 1,111.0 1,113.7 | | | | Equipment, total | 637.9 | 715.4 | 722.8 727.0 719.8 | 727.2 724.5 729.4 718.2 719.2 722.1 Business and defense | 621.5 | 698.4 | 706.8 710.7 701.5 | 711.0 708.3 712.8 700.4 700.8 703.3 Business | 561.2 | 622.5 | 629.0 632.9 624.1 | 632.3 630.9 635.5 622.7 624.2 625.5 Defense and space | 60.3 | 77.1 | 78.8 78.9 78.3 | 79.5 78.5 78.6 78.5 77.7 78.6 | | | | Nonindustrial supplies | 699.1 | 724.5 | 723.8 722.8 717.2 | 726.2 721.3 721.0 718.1 716.6 716.9 Construction supplies | 196.8 | 200.3 | 197.9 194.6 190.9 | 196.8 193.8 193.1 190.6 191.7 190.3 Business supplies | 502.3 | 524.2 | 525.9 528.2 526.3 | 529.3 527.5 527.8 527.4 524.8 526.5 Commercial energy products | 135.7 | 155.1 | 155.6 159.0 159.2 | 159.6 160.1 157.4 159.2 157.8 160.7 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups Percent change, seasonally adjusted ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Fourth quarter to | | | | | fourth quarter | Annual rate | Monthly rate | | |------------------------------|------------------------------|------------------------------------------------------------| June '07 | 2007 | | 2007 2008 | 2008 | to Item | gross value<1>| 2005 2006 2007 | Q4 Q1[r] Q2[p] | Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p] | June '08 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | Finished | 1996.8 | 5.3 2.3 1.4 | -1.9 -1.4 -6.5 | -.3 -.5 .1 -1.9 .3 .7 | -1.3 Semifinished | 1719.2 | 4.8 -1.6 2.4 | -1.1 -1.4 -3.6 | .5 -.3 -.2 -.6 -.4 .7 | -.7 Primary | 985.6 | -.7 -.6 2.0 | -.5 4.3 -3.7 | 1.4 -.8 -.5 .3 -1.3 .5 | 1.0 Crude | 426.2 | -7.9 7.6 2.3 | 4.8 .4 .7 | -.8 -.2 .4 -.3 .5 .0 | 2.0 | | | | | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> Billions of 2000 dollars. Table 11 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.7 -.6 .1 .1 -.3 .6 -.2 .2 .5 .5 .9 | 2.3 -2.4 1.7 4.6 | 1.0 1987 | -.3 1.3 .2 .6 .7 .5 .6 .7 .3 1.5 .5 .5 | 5.4 7.2 7.3 10.2 | 5.2 1988 | .0 .4 .3 .6 -.1 .2 .2 .5 -.3 .6 .2 .4 | 3.5 3.5 2.1 3.2 | 5.2 1989 | .2 -.5 .2 .0 -.7 .0 -.9 .9 -.3 -.1 .3 .7 | 1.5 -1.8 -2.5 1.8 | .9 | | | 1990 | -.5 .9 .5 -.1 .2 .3 -.1 .2 .2 -.7 -1.2 -.7 | 3.2 2.8 1.4 -6.0 | 1.0 1991 | -.5 -.7 -.5 .2 1.0 1.0 .0 .1 .8 -.2 -.2 -.3 | -7.5 2.6 5.5 .7 | -1.6 1992 | -.6 .7 .8 .7 .4 .0 .8 -.5 .2 .7 .4 .0 | -.3 7.3 2.9 3.9 | 2.8 1993 | .5 .3 .0 .3 -.4 .2 .3 .0 .4 .7 .4 .5 | 3.5 1.2 2.1 6.0 | 3.3 1994 | .4 .0 1.1 .5 .6 .7 .2 .5 .2 .8 .7 1.1 | 5.2 7.4 5.2 8.2 | 5.3 | | | 1995 | .3 .0 .1 -.1 .2 .3 -.4 1.3 .4 -.2 .3 .5 | 5.3 .9 3.8 3.3 | 4.8 1996 | -.6 1.7 -.2 .7 .6 .9 -.1 .6 .5 .0 .9 .7 | 3.5 7.7 5.1 5.6 | 4.4 1997 | .1 1.2 .8 .0 .6 .5 .6 1.4 .9 .7 .9 .4 | 8.0 6.3 9.7 10.7 | 7.3 1998 | .4 .0 .0 .5 .6 -.5 -.4 2.1 -.3 .7 -.1 .3 | 4.1 3.1 2.9 5.2 | 5.9 1999 | .5 .4 .2 .2 .7 -.2 .6 .5 -.4 1.3 .6 .8 | 4.3 3.8 4.0 8.0 | 4.3 | | | 2000 | .1 .4 .4 .6 .2 .1 -.2 -.2 .4 -.4 .0 -.3 | 4.9 5.0 -.3 -1.3 | 4.2 2001 | -.7 -.6 -.3 -.3 -.7 -.6 -.5 -.4 -.4 -.6 -.5 .0 | -5.5 -5.2 -5.9 -5.2 | -3.4 2002 | .5 .1 .7 .4 .5 1.0 -.3 .1 .0 -.3 .4 -.5 | 2.3 6.3 2.3 -.5 | -.1 2003 | .6 .4 -.2 -.8 .0 .2 .4 -.1 .5 .1 .8 -.1 | 2.7 -2.9 2.8 3.7 | 1.2 2004 | .3 .5 -.5 .5 .7 -.8 .7 .3 -.1 1.0 .3 .6 | 2.6 2.0 2.0 5.8 | 2.5 | | | 2005 | .5 .6 .0 -.1 .3 .4 .0 .2 -1.8 1.2 1.1 .5 | 5.4 1.9 -.4 3.7 | 3.3 2006 | .1 -.1 .2 .4 -.1 .5 .3 .1 -.4 -.1 -.2 .6 | 3.2 2.6 1.9 -.9 | 2.2 2007 | -.4 .7 -.1 .5 .0 .3 .6 .0 .3 -.4 .4 .1 | 1.5 3.2 3.6 .3 | 1.7 2008 | .2 -.4 .1 -.7 -.2 .5 | .5 -3.1 | | | | IP | | | (2002=100) | | | 2006 | 108.8 108.7 109.0 109.4 109.3 109.9 110.1 110.2 109.8 109.7 109.5 110.2 | 108.9 109.5 110.1 109.8 | 109.6 2007 | 109.8 110.5 110.4 111.0 111.0 111.4 112.0 112.0 112.3 111.8 112.3 112.4 | 110.2 111.1 112.1 112.2 | 111.4 2008 | 112.6 112.2 112.2 111.4 111.2 111.7 | 112.3 111.4 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 134.6 134.7 134.9 135.0 135.2 135.3 135.4 135.6 135.7 135.9 136.0 136.2 | 134.7 135.2 135.6 136.1 | 135.4 2007 | 136.4 136.6 136.8 137.0 137.2 137.4 137.6 137.9 138.1 138.3 138.5 138.7 | 136.6 137.2 137.9 138.5 | 137.5 2008 | 139.0 139.1 139.3 139.5 139.7 139.9 | 139.1 139.7 | | | | Utilization | | | (percent) | | | 1986 | 79.7 79.0 78.4 78.4 78.4 78.1 78.5 78.3 78.3 78.6 78.8 79.4 | 79.0 78.3 78.4 78.9 | 78.7 1987 | 79.0 79.9 79.9 80.2 80.6 80.8 81.2 81.6 81.7 82.8 83.1 83.4 | 79.6 80.5 81.5 83.1 | 81.2 1988 | 83.3 83.5 83.7 84.1 83.9 84.1 84.2 84.5 84.2 84.6 84.6 84.9 | 83.5 84.0 84.3 84.7 | 84.1 1989 | 85.0 84.5 84.6 84.4 83.7 83.6 82.6 83.2 82.8 82.6 82.6 83.1 | 84.7 83.9 82.9 82.8 | 83.6 | | | 1990 | 82.5 83.0 83.2 82.9 82.9 83.0 82.7 82.8 82.8 82.1 80.9 80.3 | 82.9 83.0 82.8 81.1 | 82.4 1991 | 79.8 79.1 78.6 78.6 79.3 80.0 79.9 79.9 80.5 80.2 80.0 79.6 | 79.2 79.3 80.1 79.9 | 79.6 1992 | 79.0 79.5 80.0 80.4 80.5 80.4 80.9 80.3 80.4 80.8 80.9 80.8 | 79.5 80.5 80.5 80.9 | 80.3 1993 | 81.1 81.2 81.1 81.3 80.9 81.1 81.2 81.1 81.4 81.8 82.0 82.3 | 81.2 81.1 81.2 82.1 | 81.4 1994 | 82.5 82.3 83.0 83.2 83.4 83.7 83.7 83.8 83.7 84.2 84.4 85.1 | 82.6 83.4 83.7 84.5 | 83.6 | | | 1995 | 85.0 84.7 84.5 84.1 84.0 83.9 83.3 84.1 84.1 83.6 83.5 83.5 | 84.7 84.0 83.8 83.5 | 84.0 1996 | 82.6 83.6 83.1 83.3 83.4 83.7 83.2 83.4 83.4 83.0 83.4 83.5 | 83.1 83.5 83.3 83.3 | 83.3 1997 | 83.2 83.8 84.0 83.6 83.7 83.6 83.6 84.2 84.5 84.6 84.8 84.6 | 83.7 83.6 84.1 84.7 | 84.0 1998 | 84.4 83.9 83.4 83.3 83.3 82.4 81.6 82.9 82.3 82.5 82.0 82.0 | 83.9 83.0 82.3 82.2 | 82.8 1999 | 82.0 82.0 81.8 81.7 82.0 81.6 81.8 81.9 81.3 82.0 82.2 82.6 | 82.0 81.8 81.6 82.3 | 81.9 | | | 2000 | 82.4 82.4 82.4 82.6 82.5 82.4 81.9 81.5 81.6 81.0 80.7 80.2 | 82.4 82.5 81.6 80.6 | 81.8 2001 | 79.4 78.7 78.2 77.8 77.1 76.4 75.9 75.4 74.9 74.3 73.8 73.6 | 78.8 77.1 75.4 73.9 | 76.3 2002 | 73.8 73.8 74.2 74.4 74.7 75.4 75.1 75.2 75.2 75.0 75.4 75.1 | 73.9 74.8 75.2 75.2 | 74.8 2003 | 75.6 75.9 75.9 75.3 75.4 75.6 75.9 75.9 76.3 76.4 77.0 77.0 | 75.8 75.4 76.1 76.8 | 76.0 2004 | 77.2 77.6 77.1 77.5 78.0 77.4 77.9 78.1 78.0 78.7 79.0 79.4 | 77.3 77.6 78.0 79.1 | 78.0 | | | 2005 | 79.8 80.2 80.1 80.0 80.2 80.5 80.4 80.5 79.0 79.8 80.6 80.9 | 80.0 80.3 80.0 80.4 | 80.2 2006 | 80.9 80.7 80.8 81.1 80.9 81.2 81.3 81.3 80.9 80.8 80.5 80.9 | 80.8 81.0 81.2 80.7 | 80.9 2007 | 80.5 80.9 80.7 81.0 80.9 81.0 81.4 81.2 81.3 80.8 81.1 81.0 | 80.7 81.0 81.3 81.0 | 81.0 2008 | 81.0 80.3 80.5 79.9 79.6 79.9 | 80.6 79.8 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 12 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.1 -.6 -.3 .4 .1 -.3 .6 .2 .2 .4 .5 .9 | 4.4 -.1 2.6 5.0 | 2.2 1987 | -.3 1.4 .1 .5 .8 .4 .7 .5 .6 1.6 .6 .6 | 6.0 6.9 7.1 11.7 | 5.7 1988 | -.2 .2 .3 .9 -.1 .1 .1 .1 .3 .6 .3 .4 | 2.5 4.5 1.4 4.9 | 5.4 1989 | .7 -1.0 -.1 .1 -.8 .1 -1.1 .9 -.2 -.2 .2 .2 | 1.7 -3.2 -3.0 .6 | .8 | | | 1990 | -.1 1.4 .4 -.3 .1 .2 -.2 .3 .0 -.8 -1.1 -.7 | 4.7 2.6 .7 -6.6 | .8 1991 | -.8 -.6 -.7 .3 .7 1.1 .2 .3 1.0 -.2 -.3 -.1 | -8.8 2.1 7.1 1.4 | -2.0 1992 | -.6 .9 1.0 .6 .6 .3 .8 -.5 .1 .6 .4 -.2 | .7 8.3 3.9 2.7 | 3.6 1993 | 1.0 .2 -.1 .6 -.1 -.1 .3 -.1 .6 .8 .4 .5 | 4.3 1.8 1.3 6.7 | 3.5 1994 | .2 .1 1.3 .8 .7 .3 .5 .7 .3 1.0 .8 1.2 | 5.0 9.4 6.1 9.9 | 5.9 | | | 1995 | .3 -.1 .2 -.2 .0 .4 -.6 1.2 .8 -.2 .1 .5 | 5.6 .3 3.1 4.1 | 5.2 1996 | -.7 1.7 -.3 1.0 .6 1.1 .3 .6 .6 -.1 .8 .9 | 2.8 8.7 7.5 5.9 | 4.8 1997 | .1 1.4 1.2 -.2 .9 .7 .5 1.7 .9 .7 1.1 .5 | 9.6 7.5 10.9 11.6 | 8.5 1998 | .7 .0 -.2 .7 .5 -.7 -.5 2.5 -.3 .9 .2 .5 | 5.7 2.6 3.1 7.5 | 6.7 1999 | .3 .7 -.1 .4 .9 -.3 .5 .7 -.4 1.6 .8 .7 | 4.8 4.2 3.7 9.6 | 5.0 | | | 2000 | .2 .3 .7 .6 -.1 .2 .0 -.5 .4 -.4 -.3 -.6 | 5.4 4.8 -.4 -2.9 | 4.5 2001 | -.6 -.6 -.3 -.2 -.7 -.7 -.4 -.7 -.4 -.7 -.3 .2 | -6.3 -5.4 -6.4 -5.1 | -4.1 2002 | .4 .1 .7 .1 .7 1.1 -.4 .3 .0 -.5 .4 -.5 | 2.8 5.7 3.1 -1.1 | -.1 2003 | .5 .2 .3 -1.0 .1 .6 .2 -.3 .7 .1 1.0 -.2 | 2.0 -1.9 2.6 4.1 | 1.3 2004 | .0 .6 -.1 .5 .7 -.7 .8 .7 -.2 1.0 .1 .5 | 2.1 3.3 3.9 5.4 | 2.9 | | | 2005 | .7 .7 -.3 .0 .6 .2 .0 .3 -1.0 1.5 .8 -.1 | 5.8 2.2 1.0 6.0 | 4.0 2006 | .7 -.4 .0 .5 -.3 .4 .1 .3 -.2 -.5 -.1 1.0 | 2.7 1.4 1.6 -1.1 | 2.4 2007 | -.6 .1 .7 .4 .2 .5 .8 -.4 .4 -.4 .2 .0 | 1.1 4.7 4.0 -.6 | 1.7 2008 | .0 -.7 .2 -.9 -.1 .2 | -.9 -3.7 | | | | IP | | | (2002 = 100) | | | 2006 | 110.9 110.5 110.5 111.1 110.8 111.2 111.3 111.7 111.5 110.9 110.8 111.8 | 110.6 111.0 111.5 111.2 | 111.1 2007 | 111.1 111.3 112.0 112.4 112.6 113.2 114.1 113.6 114.0 113.5 113.8 113.8 | 111.5 112.8 113.9 113.7 | 112.9 2008 | 113.8 113.1 113.4 112.3 112.3 112.5 | 113.4 112.4 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 139.1 139.3 139.4 139.6 139.7 139.9 140.0 140.2 140.3 140.5 140.7 140.8 | 139.3 139.7 140.2 140.7 | 140.0 2007 | 141.0 141.2 141.4 141.7 141.9 142.1 142.4 142.7 142.9 143.2 143.4 143.7 | 141.2 141.9 142.7 143.4 | 142.3 2008 | 143.9 144.1 144.4 144.6 144.8 145.0 | 144.1 144.8 | | | | Utilization | | | (percent) | | | 1986 | 78.8 78.2 77.9 78.2 78.2 77.9 78.2 78.3 78.4 78.5 78.8 79.3 | 78.3 78.1 78.3 78.9 | 78.4 1987 | 78.9 79.9 79.7 80.0 80.4 80.5 80.8 81.1 81.4 82.5 82.9 83.3 | 79.5 80.3 81.1 82.9 | 80.9 1988 | 83.0 83.1 83.3 83.9 83.8 83.8 83.9 83.9 84.1 84.5 84.7 84.9 | 83.1 83.8 84.0 84.7 | 83.9 1989 | 85.4 84.5 84.2 84.1 83.2 83.2 82.1 82.6 82.2 81.9 81.9 81.8 | 84.7 83.5 82.3 81.9 | 83.1 | | | 1990 | 81.6 82.5 82.6 82.3 82.2 82.2 81.9 81.9 81.8 81.0 79.9 79.2 | 82.2 82.2 81.9 80.0 | 81.6 1991 | 78.4 77.8 77.1 77.3 77.7 78.5 78.5 78.6 79.3 79.1 78.7 78.6 | 77.8 77.8 78.8 78.8 | 78.3 1992 | 78.0 78.5 79.1 79.4 79.7 79.8 80.2 79.7 79.5 79.8 79.9 79.6 | 78.5 79.6 79.8 79.8 | 79.4 1993 | 80.3 80.3 80.0 80.4 80.2 80.0 80.1 79.9 80.3 80.8 81.0 81.2 | 80.2 80.2 80.1 81.0 | 80.4 1994 | 81.2 81.1 82.0 82.4 82.7 82.7 82.8 83.1 83.1 83.6 83.9 84.6 | 81.4 82.6 83.0 84.0 | 82.8 | | | 1995 | 84.5 84.1 83.9 83.5 83.2 83.1 82.3 82.9 83.2 82.7 82.4 82.4 | 84.2 83.3 82.8 82.5 | 83.2 1996 | 81.4 82.3 81.6 82.0 82.0 82.5 82.3 82.3 82.4 81.9 82.2 82.4 | 81.8 82.2 82.3 82.2 | 82.1 1997 | 82.0 82.7 83.2 82.5 82.7 82.8 82.6 83.4 83.6 83.5 83.9 83.7 | 82.7 82.7 83.2 83.7 | 83.1 1998 | 83.7 83.1 82.4 82.3 82.2 81.1 80.2 81.7 81.0 81.3 81.0 81.1 | 83.1 81.9 81.0 81.1 | 81.8 1999 | 80.9 81.1 80.7 80.6 81.0 80.4 80.4 80.6 80.0 80.9 81.1 81.3 | 80.9 80.7 80.3 81.1 | 80.7 | | | 2000 | 81.1 81.0 81.2 81.3 80.9 80.8 80.4 79.7 79.7 79.1 78.5 77.8 | 81.1 81.0 79.9 78.5 | 80.1 2001 | 77.0 76.4 75.9 75.5 74.7 74.0 73.6 72.9 72.5 71.9 71.5 71.6 | 76.4 74.7 73.0 71.7 | 73.9 2002 | 71.8 71.8 72.2 72.2 72.7 73.5 73.1 73.4 73.4 73.1 73.4 73.0 | 71.9 72.8 73.3 73.2 | 72.8 2003 | 73.4 73.6 73.8 73.2 73.3 73.8 73.9 73.8 74.3 74.4 75.1 75.0 | 73.6 73.4 74.0 74.8 | 74.0 2004 | 75.0 75.5 75.4 75.8 76.3 75.7 76.3 76.8 76.6 77.3 77.4 77.7 | 75.3 75.9 76.6 77.5 | 76.3 | | | 2005 | 78.1 78.6 78.3 78.3 78.6 78.7 78.6 78.7 77.8 78.9 79.4 79.3 | 78.4 78.5 78.4 79.2 | 78.6 2006 | 79.7 79.3 79.2 79.6 79.3 79.5 79.5 79.7 79.4 78.9 78.7 79.4 | 79.4 79.4 79.5 79.0 | 79.4 2007 | 78.8 78.8 79.2 79.4 79.4 79.6 80.1 79.6 79.8 79.2 79.3 79.2 | 78.9 79.5 79.8 79.3 | 79.4 2008 | 79.1 78.4 78.5 77.7 77.6 77.6 | 78.7 77.6 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> See note on cover page. <2> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 13 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.8 -.7 .1 .1 -.2 .4 -.3 .1 .4 .4 .8 | 2.3 -2.6 .6 4.0 | .9 1987 | -.5 1.2 .2 .5 .6 .4 .5 .6 .2 1.4 .5 .4 | 4.4 6.4 6.0 9.2 | 4.3 1988 | .0 .4 .2 .5 -.2 .2 .1 .5 -.4 .5 .2 .4 | 3.0 2.8 1.4 2.9 | 4.4 1989 | .3 -.5 .3 -.1 -.7 .0 -1.1 .9 -.3 -.2 .2 .7 | 1.8 -2.0 -3.3 1.0 | .6 | | | 1990 | -.7 .9 .4 -.2 .1 .2 -.2 .2 .1 -.8 -1.3 -.7 | 2.4 2.2 1.0 -6.6 | .3 1991 | -.5 -.8 -.6 .2 .9 1.0 .0 .1 .9 -.2 -.2 -.5 | -8.0 2.1 5.4 .3 | -2.0 1992 | -.8 .7 .8 .6 .3 -.1 .8 -.6 .1 .6 .3 .0 | -1.8 6.2 1.7 2.8 | 1.9 1993 | .5 .3 -.1 .3 -.4 .2 .3 -.1 .3 .6 .3 .5 | 3.0 .5 1.5 5.1 | 2.5 1994 | .4 -.1 .9 .3 .4 .6 .1 .3 .0 .6 .4 .9 | 4.3 5.5 3.3 5.5 | 4.0 | | | 1995 | .2 -.2 -.2 -.3 .1 .1 -.5 1.1 .1 -.5 .1 .2 | 3.1 -1.4 1.4 .3 | 2.5 1996 | -1.0 1.4 -.4 .7 .5 .7 -.5 .4 .4 -.3 .8 .5 | -.2 6.1 2.2 3.3 | 1.7 1997 | -.1 .9 .5 -.4 .3 .2 .3 1.0 .7 .7 .7 .2 | 5.0 2.2 6.0 8.2 | 4.2 1998 | .2 -.1 -.1 .3 .5 -.9 -.8 2.0 -.6 .5 -.3 .0 | 1.6 1.0 -.4 2.1 | 3.1 1999 | .2 .1 -.1 -.1 .6 -.5 .3 .4 -.5 1.2 .3 .6 | .8 .4 1.0 5.6 | 1.2 | | | 2000 | -.3 .0 .1 .4 -.1 .0 -.5 -.4 .4 -.5 -.2 -.5 | .7 1.7 -2.8 -2.8 | 1.1 2001 | -.7 -.5 -.3 -.1 -.6 -.5 -.3 -.3 -.5 -.6 -.5 -.1 | -6.2 -4.3 -4.6 -5.3 | -4.0 2002 | .7 .0 .7 .3 .4 .9 -.3 .0 .0 -.3 .3 -.6 | 2.7 5.8 1.6 -1.1 | .0 2003 | .6 .2 -.3 -1.0 -.1 .1 .3 -.1 .5 .0 .7 -.1 | 1.3 -4.4 1.6 3.0 | .2 2004 | .2 .5 -.6 .6 .7 -.9 .7 .2 -.2 1.0 .3 .6 | 1.7 2.1 1.8 5.4 | 1.8 | | | 2005 | .4 .5 -.1 -.1 .3 .4 -.2 .0 -2.1 1.1 1.0 .5 | 4.8 1.3 -1.8 2.2 | 2.7 2006 | .0 -.2 .2 .3 -.2 .4 .2 .0 -.5 -.1 -.2 .6 | 2.6 1.7 1.1 -1.7 | 1.3 2007 | -.4 .7 -.2 .4 -.1 .2 .4 -.1 .2 -.6 .4 .0 | 1.4 2.2 2.2 -1.0 | .9 2008 | .2 -.5 -.1 -.8 -.2 .4 | -.3 -4.1 | | | | IP | | | (2002 = 100) | | | 2006 | 105.8 105.6 105.8 106.2 106.0 106.4 106.6 106.6 106.1 106.0 105.7 106.3 | 105.7 106.2 106.5 106.0 | 106.1 2007 | 106.0 106.7 106.5 106.9 106.9 107.1 107.5 107.4 107.6 107.0 107.4 107.4 | 106.4 107.0 107.5 107.3 | 107.0 2008 | 107.6 107.1 107.0 106.1 105.9 106.3 | 107.2 106.1 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 130.3 130.4 130.5 130.6 130.7 130.8 130.9 131.0 131.1 131.2 131.3 131.4 | 130.4 130.7 131.0 131.3 | 130.9 2007 | 131.5 131.5 131.6 131.7 131.8 131.9 132.0 132.1 132.2 132.3 132.4 132.5 | 131.5 131.8 132.1 132.4 | 132.0 2008 | 132.7 132.8 132.8 132.9 133.0 133.1 | 132.7 133.0 | | | | Utilization | | | (percent) | | | 1986 | 80.2 79.4 78.8 78.8 78.8 78.6 78.8 78.5 78.6 78.8 79.1 79.6 | 79.5 78.7 78.6 79.2 | 79.0 1987 | 79.2 80.1 80.1 80.4 80.8 81.1 81.4 81.8 81.9 83.0 83.3 83.6 | 79.8 80.8 81.7 83.3 | 81.4 1988 | 83.6 83.9 84.0 84.4 84.2 84.3 84.4 84.7 84.4 84.7 84.9 85.2 | 83.8 84.3 84.5 84.9 | 84.4 1989 | 85.3 84.8 85.0 84.8 84.1 84.0 83.0 83.6 83.2 82.9 82.9 83.4 | 85.1 84.3 83.2 83.1 | 83.9 | | | 1990 | 82.7 83.3 83.5 83.2 83.2 83.3 83.0 83.1 83.1 82.4 81.2 80.5 | 83.2 83.2 83.1 81.4 | 82.7 1991 | 80.0 79.3 78.7 78.8 79.4 80.1 80.0 80.0 80.6 80.3 80.1 79.6 | 79.3 79.5 80.2 80.0 | 79.8 1992 | 78.9 79.4 79.9 80.4 80.5 80.3 80.9 80.3 80.4 80.8 81.0 80.9 | 79.4 80.4 80.5 80.9 | 80.3 1993 | 81.2 81.4 81.3 81.5 81.1 81.1 81.3 81.2 81.4 81.9 82.1 82.4 | 81.3 81.2 81.3 82.1 | 81.5 1994 | 82.6 82.5 83.1 83.3 83.5 83.9 83.8 83.9 83.8 84.2 84.4 85.0 | 82.7 83.5 83.8 84.5 | 83.7 | | | 1995 | 85.0 84.7 84.4 84.1 83.9 83.9 83.3 84.1 84.0 83.4 83.3 83.3 | 84.7 84.0 83.8 83.4 | 84.0 1996 | 82.3 83.3 82.8 83.3 83.5 83.9 83.4 83.5 83.6 83.2 83.6 83.8 | 82.8 83.6 83.5 83.6 | 83.4 1997 | 83.5 84.0 84.2 83.6 83.6 83.5 83.4 84.0 84.3 84.5 84.8 84.6 | 83.9 83.5 83.9 84.6 | 84.0 1998 | 84.5 84.1 83.7 83.7 83.9 82.9 82.0 83.4 82.6 82.8 82.3 82.2 | 84.1 83.5 82.7 82.4 | 83.2 1999 | 82.1 82.1 81.8 81.5 81.9 81.3 81.4 81.6 81.0 81.8 82.0 82.3 | 82.0 81.6 81.3 82.0 | 81.7 | | | 2000 | 81.9 81.8 81.8 82.0 81.8 81.7 81.2 80.8 81.0 80.4 80.2 79.7 | 81.8 81.8 81.0 80.1 | 81.2 2001 | 79.1 78.5 78.2 78.0 77.5 77.0 76.7 76.4 75.9 75.4 75.0 74.8 | 78.6 77.5 76.3 75.1 | 76.9 2002 | 75.3 75.2 75.7 76.0 76.3 76.9 76.7 76.7 76.8 76.6 76.9 76.5 | 75.4 76.4 76.7 76.7 | 76.3 2003 | 77.0 77.2 77.1 76.4 76.4 76.5 76.8 76.7 77.1 77.1 77.7 77.6 | 77.1 76.4 76.8 77.4 | 77.0 2004 | 77.7 78.1 77.6 78.0 78.6 77.9 78.5 78.6 78.5 79.3 79.6 80.1 | 77.8 78.2 78.6 79.7 | 78.5 | | | 2005 | 80.4 80.8 80.8 80.6 80.9 81.2 81.0 81.0 79.3 80.1 80.9 81.2 | 80.6 80.9 80.4 80.7 | 80.7 2006 | 81.2 81.0 81.1 81.3 81.0 81.3 81.4 81.4 80.9 80.8 80.5 80.9 | 81.1 81.2 81.2 80.7 | 81.1 2007 | 80.6 81.1 80.9 81.2 81.1 81.2 81.4 81.3 81.4 80.9 81.1 81.1 | 80.9 81.1 81.4 81.0 | 81.1 2008 | 81.2 80.4 80.5 79.8 79.6 79.9 | 80.7 79.8 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Note. Selected high-technology industries are computers, communications equipment, and semiconductors and related electronic components. Table 14 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.2 -.7 -.3 .4 .1 -.2 .2 .2 .2 .4 .4 .8 | 4.7 -.2 1.3 4.3 | 2.1 1987 | -.5 1.4 .1 .4 .7 .3 .6 .3 .5 1.5 .6 .5 | 4.7 5.9 5.5 10.5 | 4.6 1988 | -.2 .2 .2 .8 -.2 .0 .0 .1 .3 .5 .3 .4 | 1.8 3.6 .5 4.5 | 4.4 1989 | .8 -1.0 -.1 .0 -.8 .1 -1.3 .9 -.3 -.3 .1 .2 | 2.1 -3.5 -4.1 -.5 | .4 | | | 1990 | -.2 1.4 .3 -.3 .1 .2 -.2 .3 -.1 -.9 -1.2 -.8 | 3.8 1.9 .2 -7.4 | .0 1991 | -.8 -.8 -.8 .4 .6 1.1 .3 .2 1.1 -.2 -.4 -.3 | -9.6 1.5 7.1 .9 | -2.6 1992 | -.8 .9 .9 .4 .5 .1 .8 -.5 -.1 .5 .3 -.3 | -1.1 7.0 2.6 1.3 | 2.6 1993 | 1.1 .1 -.3 .5 -.2 -.2 .3 -.2 .5 .7 .3 .5 | 3.9 .9 .5 5.7 | 2.5 1994 | .1 .0 1.2 .6 .5 .2 .3 .5 .1 .7 .6 1.0 | 3.9 7.2 3.8 6.7 | 4.4 | | | 1995 | .2 -.3 -.1 -.4 -.2 .2 -.8 .9 .6 -.5 -.1 .1 | 3.1 -2.5 .2 .6 | 2.5 1996 | -1.2 1.4 -.5 1.0 .4 .9 -.1 .3 .4 -.4 .7 .7 | -1.7 6.8 4.2 3.1 | 1.5 1997 | -.2 1.0 .9 -.7 .5 .4 .1 1.3 .6 .6 .9 .2 | 6.0 2.6 6.6 8.7 | 4.9 1998 | .5 -.2 -.3 .4 .4 -1.1 -.9 2.4 -.7 .7 -.1 .2 | 2.9 .1 -.8 4.0 | 3.5 1999 | .0 .4 -.4 .0 .8 -.7 .0 .6 -.5 1.4 .4 .4 | .8 .3 .2 7.0 | 1.4 | | | 2000 | -.3 -.2 .3 .4 -.5 .1 -.4 -.8 .4 -.5 -.6 -.9 | .4 .9 -3.5 -4.9 | .8 2001 | -.6 -.5 -.3 -.1 -.7 -.5 -.1 -.7 -.4 -.7 -.2 .1 | -7.3 -4.