Industrial Production and Capacity Utilization - G.17

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Table 6 Diffusion Indexes of Industrial Production

Year	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.
One Month Earlier
2012	62.8	62.8	46.5	67.3	51.3	57.1	52.2	43.6	53.5	53.2	67.3	62.2
2013	55.1	62.2	50.6	51.6	54.5	62.2	50.6	63.5	57.4	53.8	58.7	53.5
2014	36.2	63.1	67.0	50.0	58.3	53.5	60.3	46.2
Three Months Earlier
2012	63.8	71.9	63.0	59.9	53.8	62.8	56.7	51.9	48.1	41.7	60.9	66.3
2013	67.6	63.5	55.4	53.8	51.6	56.1	55.1	64.1	58.7	61.2	61.9	56.4
2014	49.4	55.1	60.3	68.6	66.7	61.2	65.1	59.6
Six Months Earlier
2012	67.0	72.9	64.7	65.3	66.3	61.4	62.5	55.8	59.6	53.2	56.7	62.2
2013	58.3	63.8	65.1	67.6	57.7	56.7	57.4	56.7	57.4	66.3	66.2	64.1
2014	57.4	59.0	65.4	63.1	62.5	59.6	71.8	67.6

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.

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