Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization - G.17

Annual Revision (458 KB PDF) (ASCII)

Release Date: July 21, 2015

Table 13 Industrial Production and Capacity Utilization: SUMMARY

Seasonally adjusted
Industrial production 2012=100 Percent change
2015 2015 June '14 to
June '15
Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[r] Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[r]
       
Total index 107.6 107.5 107.4 107.0 106.9 107.1 -.3 -.1 -.1 -.3 -.2 .2 1.3
Previous estimates 105.8 105.9 106.1 105.6 105.4 105.7 -.4 .0 .2 -.5 -.2 .3 1.5
       
Major market groups
Final Products 104.6 104.3 104.2 103.9 104.0 103.9 -.1 -.3 .0 -.3 .2 -.1 1.0
Consumer goods 105.3 105.4 105.6 105.4 105.5 105.4 .2 .0 .3 -.2 .1 -.1 1.9
Business equipment 106.2 105.8 105.9 106.0 106.8 106.8 -.1 -.4 .1 .1 .7 .0 2.5
Nonindustrial supplies 105.9 105.8 105.0 105.1 105.0 105.6 .2 -.2 -.8 .1 .0 .5 1.4
Construction 110.1 109.2 107.7 107.7 108.2 108.3 -.2 -.9 -1.4 .0 .4 .1 1.4
Materials 110.7 110.8 110.8 110.4 109.8 110.3 -.6 .1 .0 -.4 -.5 .4 1.5
       
Major industry groups
Manufacturing (see note below) 104.9 104.6 104.7 105.1 105.2 105.1 -.3 -.3 .2 .3 .1 -.1 1.6
Previous estimates 101.3 101.2 101.5 101.6 101.7 101.7 -.6 -.1 .3 .1 .0 .0 1.8
       
Mining 122.1 120.2 120.6 118.6 115.5 116.8 -1.6 -1.6 .3 -1.7 -2.6 1.1 -1.8
Utilities 104.6 108.2 105.5 102.7 103.3 104.8 1.5 3.5 -2.5 -2.6 .6 1.5 3.1

Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2014
1988-
89
high
1990-
91
low
1994-
95
high
2008-
09
low
 
2014
June
   
2015 June '14 to
June '15
Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[r]
       
Total industry 80.1 85.2 78.8 85.0 66.9 78.2 78.7 78.5 78.3 78.0 77.7 77.8 1.8
Previous estimates 80.1 85.3 78.7 85.0 66.9 79.2 79.1 79.0 79.0 78.5 78.2 78.4 2.6
       
Manufacturing (see note below) 78.5 85.6 77.3 84.6 63.9 75.4 76.1 75.7 75.8 76.0 76.0 75.8 1.0
Previous estimates 78.6 85.6 77.3 84.6 63.9 77.3 77.4 77.2 77.3 77.3 77.3 77.2 1.9
Mining 87.5 86.2 83.8 88.7 79.0 91.6 89.8 88.0 88.0 86.2 83.7 84.4 6.6
Utilities 85.9 92.9 84.3 93.3 78.5 78.6 80.3 83.0 80.9 78.7 79.1 80.2 1.0
       
Stage-of-process groups
Crude 86.3 87.6 84.3 89.8 76.9 88.6 87.1 86.1 85.9 84.9 83.0 83.6 5.1
Primary and semifinished 80.7 86.5 78.1 87.8 64.2 76.0 76.8 77.1 76.5 76.1 76.2 76.3 .8
Finished 77.0 83.4 77.4 80.7 66.7 75.2 76.3 75.8 76.1 76.2 76.3 76.0 1.3

r Revised.

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 of its industrial output data from the SIC system to NAICS.


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Last update: July 21, 2015