Statistical Supplement | May 2006 Statistical Supplement to the Federal Reserve Bulletin, May 2006 |
Seasonally adjusted | ||||||||||||||
Series | 1973 | 1975 | Previous cycle2 | Latest cycle3 | 2005 | 2005 | 2006 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
High | Low | High | Low | High | Low | Apr | Nov | Dec | Janr | Febr | Marr | Aprp | ||
  | Capacity utilization rate (percent)4 | |||||||||||||
1 | Total industry | 88.9 | 74.1 | 86.6 | 70.7 | 85.1 | 78.6 | 79.7 | 80.5 | 81.1 | 80.9 | 81.1 | 81.4 | 81.9 |
2 | Manufacturing | 88.3 | 71.6 | 86.2 | 68.4 | 85.5 | 77.1 | 78.4 | 79.9 | 80.1 | 80.5 | 80.2 | 80.4 | 80.8 |
3 | Manufacturing (NAICS) | 88.4 | 71.4 | 86.3 | 67.8 | 85.5 | 76.9 | 78.0 | 79.6 | 79.7 | 80.2 | 79.9 | 80.1 | 80.5 |
4 | Durable manufacturing | 89.4 | 69.7 | 86.8 | 62.8 | 84.6 | 73.4 | 76.5 | 79.2 | 79.0 | 79.3 | 79.1 | 79.3 | 79.8 |
5 | Primary metal | 101.9 | 69.7 | 90.4 | 46.9 | 94.9 | 74.6 | 80.4 | 83.6 | 84.0 | 86.3 | 85.5 | 85.0 | 86.1 |
6 | Fabricated metal products | 91.7 | 69.7 | 82.8 | 61.8 | 81.7 | 72.6 | 74.3 | 76.2 | 75.8 | 76.6 | 76.9 | 77.4 | 77.8 |
7 | Machinery | 94.5 | 74.5 | 92.6 | 58.2 | 85.3 | 73.9 | 79.2 | 83.3 | 84.5 | 83.0 | 82.5 | 83.3 | 85.5 |
8 | Computer and electronic products | 86.9 | 66.1 | 89.4 | 76.4 | 81.5 | 75.9 | 75.2 | 78.8 | 78.6 | 77.6 | 77.5 | 77.4 | 78.0 |
9 | Electrical equipment, appliances, and components | 99.3 | 68.0 | 91.9 | 64.7 | 89.0 | 77.0 | 81.6 | 87.6 | 87.7 | 89.9 | 89.2 | 90.5 | 91.9 |
10 | Motor vehicles and parts | 95.6 | 54.6 | 95.2 | 45.0 | 89.3 | 56.0 | 78.4 | 78.7 | 77.4 | 79.1 | 78.1 | 79.2 | 78.1 |
11 | Aerospace and miscellaneous transportation equipment | 75.8 | 67.5 | 86.7 | 68.8 | 87.3 | 81.3 | 68.6 | 72.1 | 73.3 | 73.9 | 75.2 | 74.3 | 75.3 |
12 | Nondurable manufacturing | 87.6 | 72.4 | 85.8 | 75.6 | 86.9 | 81.5 | 80.0 | 80.2 | 80.8 | 81.5 | 81.0 | 81.3 | 81.6 |
13 | Food, beverage, and tobacco products | 86.3 | 77.6 | 84.5 | 80.6 | 85.9 | 81.1 | 79.8 | 81.7 | 82.5 | 83.2 | 82.5 | 83.3 | 83.6 |
14 | Textile and product mills | 89.5 | 61.9 | 89.9 | 72.6 | 91.5 | 77.6 | 74.3 | 77.3 | 75.9 | 77.5 | 77.2 | 76.5 | 77.0 |
15 | Paper | 96.7 | 74.3 | 95.2 | 81.3 | 93.6 | 85.6 | 84.7 | 84.0 | 85.8 | 87.1 | 85.1 | 84.2 | 84.8 |
16 | Petroleum and coal products | 92.2 | 80.8 | 91.7 | 70.4 | 89.0 | 83.0 | 93.9 | 89.3 | 89.1 | 91.9 | 90.9 | 89.6 | 87.5 |
17 | Chemical | 85.3 | 69.1 | 83.2 | 68.0 | 85.0 | 80.0 | 77.0 | 74.6 | 74.9 | 75.3 | 74.9 | 75.3 | 75.7 |
18 | Plastics and rubber products | 96.1 | 61.8 | 90.2 | 71.3 | 89.5 | 76.2 | 85.7 | 89.1 | 90.0 | 89.7 | 89.6 | 90.2 | 90.8 |
19 | Other manufacturing (non-NAICS) | 86.0 | 75.5 | 88.5 | 86.1 | 91.0 | 80.7 | 87.0 | 85.7 | 86.7 | 86.4 | 85.0 | 86.0 | 87.2 |
20 | Mining | 93.6 | 87.6 | 93.9 | 78.7 | 86.1 | 83.6 | 89.7 | 83.2 | 85.4 | 87.4 | 88.0 | 88.9 | 89.8 |
21 | Electric and gas utilities | 96.3 | 82.7 | 88.2 | 77.6 | 92.7 | 84.1 | 83.8 | 85.4 | 89.0 | 80.1 | 84.8 | 85.3 | 86.0 |
MEMOS | ||||||||||||||
22 | Computers, communications equipment, and semiconductors | 84.4 | 62.4 | 88.7 | 74.0 | 80.9 | 74.0 | 74.7 | 76.2 | 76.1 | 74.9 | 74.8 | 74.9 | 75.5 |
23 | Total excluding computers, communications equipment, and semiconductors | 89.1 | 74.4 | 86.7 | 70.5 | 85.5 | 78.8 | 80.1 | 80.9 | 81.6 | 81.5 | 81.7 | 82.1 | 82.5 |
24 | Manufacturing excluding computers, communications equipment, and semiconductors | 88.4 | 71.9 | 86.3 | 68.1 | 86.0 | 77.3 | 78.8 | 80.4 | 80.6 | 81.2 | 80.8 | 81.1 | 81.5 |
Note. The statistics in this release cover output, capacity, and capacity utilization in the 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, or NAICS; electric and gas utilities are those in NAICS sectors 2211 and 2212. Manufacturing comprises NAICS 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. 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 2005. The recent annual revision is described in Kimberly Bayard and Charles Gilbert (2006), "Industrial Production and Capacity Utilization: The 2005 Annual Revision," Federal Reserve Bulletin, vol. 92, pp. A39-A58. Return to table 2. Monthly highs, 1978-80; monthly lows, 1982. Return to table 3. Monthly highs, 1988-89; monthly lows, 1990-91. Return to table 4. 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 |
Statistical Supplement | May 2006 | Tips for printing wide tables | Symbols and Abbreviations