Statistical Supplement | July 2004
Statistical Supplement to the Federal Reserve Bulletin, July 2004
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Statistical Supplement | July 2004 Statistical Supplement to the Federal Reserve Bulletin, July 2004 |
| Seasonally adjusted | ||||||||||||||
| Series | 1973 | 1975 | Previous cycle2 | Latest cycle3 | 2003 | 2004 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | Low | High | Low | High | Low | June | Jan | Feb | Marr | Aprr | Mayr | Junep | ||
| Capacity utilization rate (percent)4 | ||||||||||||||
| 1 | Total industry | 88.8 | 74.0 | 86.6 | 70.9 | 85.2 | 78.6 | 74.0 | 76.2 | 76.7 | 76.6 | 77.0 | 77.6 | 77.2 |
| 2 | Manufacturing | 88.1 | 71.5 | 86.3 | 68.7 | 85.6 | 77.2 | 72.7 | 74.5 | 75.3 | 75.5 | 75.9 | 76.2 | 76.0 |
| 3 | Manufacturing (NAICS) | 88.1 | 71.3 | 86.3 | 68.0 | 85.5 | 77.0 | 72.0 | 74.0 | 74.6 | 74.8 | 75.2 | 75.5 | 75.3 |
| 4 | Durable manufacturing | 89.0 | 69.6 | 86.9 | 63.2 | 84.5 | 73.4 | 69.3 | 72.0 | 72.9 | 72.9 | 73.1 | 73.2 | 72.9 |
| 5 | Primary metal | 100.8 | 69.0 | 91.1 | 47.2 | 95.3 | 75.2 | 73.3 | 77.1 | 79.8 | 78.8 | 77.8 | 78.0 | 78.9 |
| 6 | Fabricated metal products | 91.8 | 70.3 | 83.3 | 62.0 | 80.3 | 71.1 | 67.0 | 68.3 | 68.7 | 69.2 | 69.7 | 70.0 | 69.8 |
| 7 | Machinery | 94.3 | 74.4 | 93.1 | 58.4 | 84.6 | 72.8 | 67.3 | 71.4 | 73.4 | 73.8 | 74.8 | 76.1 | 76.6 |
| 8 | Computer and electronic products | 86.9 | 66.7 | 89.5 | 77.3 | 81.1 | 76.3 | 63.1 | 67.3 | 68.2 | 68.5 | 68.3 | 69.3 | 69.5 |
| 9 | Electrical equipment, appliances, and components | 99.2 | 68.5 | 91.9 | 64.5 | 87.4 | 75.0 | 73.7 | 76.8 | 76.6 | 76.9 | 78.3 | 77.8 | 77.9 |
| 10 | Motor vehicles and parts | 95.7 | 55.6 | 96.3 | 45.3 | 89.7 | 56.5 | 78.3 | 82.6 | 84.1 | 82.2 | 82.0 | 79.9 | 77.6 |
| 11 | Aerospace and miscellaneous transportation equipment | 74.9 | 65.9 | 84.2 | 69.6 | 88.9 | 81.9 | 63.6 | 64.9 | 65.8 | 65.8 | 66.0 | 66.1 | 66.5 |
| 12 | Nondurable manufacturing | 87.5 | 72.4 | 85.7 | 75.6 | 87.0 | 81.8 | 75.8 | 76.9 | 77.2 | 77.7 | 78.3 | 78.8 | 78.8 |
| 13 | Food, beverage, and tobacco products | 85.9 | 77.9 | 84.3 | 80.4 | 85.5 | 81.3 | 77.4 | 77.2 | 77.6 | 78.0 | 78.3 | 79.2 | 79.1 |
| 14 | Textile and product mills | 89.8 | 62.7 | 90.2 | 72.4 | 91.4 | 77.2 | 71.3 | 73.6 | 71.2 | 70.0 | 70.7 | 73.1 | 72.6 |
| 15 | Paper | 97.3 | 74.4 | 95.4 | 81.3 | 93.7 | 85.2 | 84.3 | 84.0 | 84.6 | 84.0 | 85.6 | 86.4 | 86.3 |
| 16 | Petroleum and coal products | 93.2 | 81.0 | 92.3 | 71.2 | 88.9 | 82.5 | 86.3 | 88.0 | 88.2 | 90.3 | 89.2 | 89.7 | 89.8 |
| 17 | Chemical | 84.8 | 68.8 | 83.1 | 68.1 | 85.6 | 80.8 | 71.8 | 74.0 | 74.5 | 75.2 | 75.9 | 75.9 | 75.9 |
| 18 | Plastics and rubber products | 96.4 | 61.6 | 89.9 | 70.5 | 91.3 | 77.2 | 79.2 | 81.2 | 81.8 | 81.8 | 83.3 | 83.3 | 83.7 |
| 19 | Other manufacturing (non-NAICS) | 85.5 | 75.0 | 88.2 | 85.7 | 90.7 | 79.1 | 83.8 | 83.5 | 86.2 | 86.7 | 88.2 | 89.5 | 88.8 |
| 20 | Mining | 93.6 | 87.6 | 94.2 | 78.6 | 85.6 | 83.4 | 84.8 | 85.3 | 84.9 | 84.5 | 84.8 | 84.8 | 84.8 |
| 21 | Electric and gas utilities | 96.3 | 82.7 | 88.1 | 77.6 | 92.8 | 84.1 | 81.1 | 86.9 | 86.5 | 83.1 | 84.3 | 87.3 | 85.2 |
| MEMOS | ||||||||||||||
| 22 | Computers, communications equipment, and semiconductors | 84.4 | 63.1 | 89.4 | 75.4 | 79.9 | 74.5 | 62.5 | 68.3 | 69.6 | 69.5 | 69.5 | 70.4 | 70.7 |
| 23 | Total excluding computers, communications equipment, and semiconductors | 89.1 | 74.3 | 86.7 | 70.7 | 85.6 | 78.8 | 75.1 | 77.2 | 77.7 | 77.5 | 78.1 | 78.6 | 78.3 |
| 24 | Manufacturing excluding computers communications equipment, and semiconductors | 88.4 | 71.8 | 86.3 | 68.2 | 86.1 | 77.3 | 73.9 | 75.5 | 76.3 | 76.6 | 77.0 | 77.3 | 77.2 |
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Note. The statistics in the G.17 release cover output, capacity, and capacity utilization in the industrial sector, which the Federal Reserve defines are 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. 1. Data in this table also appear in the Board's G.17 (419) monthly statistical release. The latest historical revision of the industrial production index and the capacity utilization rates was released in November 2003. The recent annual revision is described in the Winter 2004 issue of the Bulletin. Return to table 2. Capacity utilization is calculated as the ratio of the Federal Reserve's seasonally adjusted index of industrial production to the corresponding index of capacity. Return to table 3. Monthly highs, 1978-80; monthly lows, 1982. Return to table 4. Monthly highs, 1988-89; monthly lows, 1990-91. Return to table |
Statistical Supplement | July 2004 | Tips for printing wide tables | Symbols and Abbreviations