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

Release Date: December 17, 2002
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INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
  1997=100 Percent change
  2002       2002       Nov. '01 to
Industrial production Aug. Sept. Oct. Nov. Aug. Sept. Oct. Nov. Nov. '02
                   
Total index  111.3  111.3  110.7  110.8    -.2     .0    -.6     .1    1.8
   Previous estimates  111.3  111.3  110.4          -.2     .0    -.8    
                   
Major market groups                  
Final Products  107.6  107.6  106.9  107.4    -.3     .0    -.6     .4     .9
   Consumer goods  107.8  108.1  107.3  108.2    -.7     .3    -.7     .8    2.6
   Business equipment  108.1  106.8  106.1  105.6     .7   -1.1    -.7    -.4   -3.7
Nonindustrial supplies  115.4  115.8  115.3  114.7    -.2     .4    -.5    -.5    1.6
   Construction  104.8  104.8  104.5  103.5     .4    -.1    -.3    -.9     .6
Materials  113.6  113.4  112.7  112.8    -.2    -.2    -.6     .1    2.8
                   
Major industry groups                  
Manufacturing (see note below)  112.4  112.2  111.7  111.7     .1    -.2    -.5     .1    1.4
   Previous estimates  112.3  112.1  111.3           .0    -.2    -.7    
Mining   93.9   92.1   92.0   93.2    -.5   -1.9    -.2    1.3   -2.8
Utilities  110.4  113.3  111.3  111.3   -2.9    2.7   -1.8     .0    8.4

    Capacity
  Percent of capacity growth
  Average 1982 1988-89 2001 2002       Nov. '01 to
Capacity utilization 1972-2001 Low High Nov. Aug. Sept. Oct. Nov. Nov. '02
                   
Total industry   81.5   70.8   85.1   75.1   76.1   76.1   75.5   75.6    1.1
   Previous estimates                     75.1   76.1   76.1   75.4        
                   
Manufacturing (see note below)   80.4   68.6   85.5   73.4   74.3   74.2   73.8   73.8     .9
   Previous estimates                  
Mining   87.0   78.6   85.6   86.8   85.3   83.7   83.5   84.6    -.2
Utilities   86.7   77.2   92.6   84.3   86.5   88.4   86.3   85.9    6.5
                   
Stage-of-process groups                  
Crude   86.5   77.2   88.6   83.2   83.9   83.0   82.5   83.0    -.6
Primary and semifinished   82.4   67.9   86.2   76.2   78.4   78.6   78.0   77.8    1.6
Finished   78.7   71.3   83.1   72.0   71.7   71.5   71.0   71.2     .9

Note. Estimates for November are preliminary. Estimates from August to October are revised.
The statistics in this release cover output, capacity, and capacity utilization in the
industrial sector, which the Federal Reserve defines as manufacturing, mining, and electric and
gas utilities. Manufacturing consists of those industries included in the North American Industry
Classification System, or NAICS, manufacturing plus those industries-logging and newspaper, periodical,
book and directory publishing-that have traditionally been considered manufacturing and included
in the industrial sector.


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