Board of Governors of the Federal Reserve System

Industrial Production and Capacity Utilization - G.17

Current Release (272 KB PDF) (ASCII)

Release Date: March 16, 2015

Industrial Production and Capacity Utilization: Summary

Seasonally adjusted
Industrial production 2007=100 Percent change
2014 2015 2014 2015 Feb. '14 to
Feb. '15
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p] Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total index 105.2 105.1 106.3 106.1 105.7 105.8 .7 -.1 1.2 -.2 -.3 .1 3.5
Previous estimates 105.2 105.1 106.3 106.0 106.2   .7 -.1 1.1 -.3 .2    
       
Major market groups
Final Products 100.7 100.7 102.6 101.8 101.5 101.9 .6 .0 1.8 -.8 -.2 .4 2.2
Consumer goods 97.4 97.1 99.2 98.5 98.4 99.4 1.0 -.3 2.2 -.7 -.1 1.0 2.2
Business equipment 107.6 108.8 110.4 109.0 109.4 109.1 -.4 1.1 1.5 -1.3 .3 -.3 4.0
Nonindustrial supplies 92.4 92.6 93.3 93.0 92.8 93.1 .8 .2 .8 -.3 -.2 .3 2.8
Construction 86.1 86.7 86.7 87.6 86.7 86.4 .3 .7 .1 1.0 -1.0 -.4 4.1
Materials 113.7 113.4 114.3 114.6 114.1 113.8 .8 -.3 .8 .2 -.4 -.2 4.7
       
Major industry groups
Manufacturing (see note below) 100.6 100.7 101.9 101.8 101.5 101.3 .2 .1 1.2 -.1 -.3 -.2 3.4
Previous estimates 100.7 100.8 102.0 102.0 102.1   .3 .1 1.2 .0 .2    
Mining 133.8 132.2 131.9 134.6 132.9 129.5 .9 -1.1 -.3 2.0 -1.3 -2.5 5.3
Utilities 101.2 101.6 105.3 100.0 100.9 108.3 4.2 .4 3.6 -5.0 1.0 7.3 1.3

Capacity utilization Percent of capacity Capacity
growth
Average
1972-
2014
1988-
89
high
1990-
91
low
1994-
95
high
 
2009
low
 
2014
Feb.
   
2014 2015 Feb. '14 to
Feb. '15
Sept.[r] Oct.[r] Nov.[r] Dec.[r] Jan.[r] Feb.[p]
       
Total industry 80.1 85.3 78.7 85.0 66.9 78.6 79.4 79.1 79.8 79.4 79.1 78.9 3.1
Previous estimates             79.4 79.1 79.8 79.4 79.4    
       
Manufacturing (see note below) 78.6 85.6 77.3 84.6 63.9 76.4 77.4 77.3 78.1 77.9 77.6 77.3 2.1
Previous estimates             77.5 77.4 78.2 78.0 78.1    
Mining 87.3 86.3 83.8 88.5 78.8 87.5 90.2 88.4 87.5 88.5 87.2 84.6 8.9
Utilities 85.9 92.9 84.3 93.3 78.5 84.2 79.1 79.4 82.2 78.0 78.7 84.5 .9
       
Stage-of-process groups
Crude 86.3 87.7 84.4 89.6 76.8 85.8 87.8 86.4 85.6 86.4 85.3 83.5 7.1
Primary and semifinished 80.8 86.5 77.9 87.7 64.2 77.7 77.8 77.7 78.7 77.7 77.5 78.4 2.0
Finished 77.1 83.4 77.4 80.6 66.8 76.3 77.1 77.2 78.4 77.9 77.8 77.4 2.1

r Revised. p Preliminary.
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 its industrial output data from the SIC system to NAICS.


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Last update: March 16, 2015