FEDERAL RESERVE STATISTICAL RELEASE G.17 (419) For release at 9:15 a.m. (EDT) May 15, 2008 Industrial Production and Capacity Utilization Industrial production declined 0.7 percent in April after having risen 0.2 percent in March. Manufacturing output fell 0.8 percent in April. As was the case in March, factory output in April was held down by a large drop in the index for motor vehicles and parts; strikes and strike-related parts shortages resulted in suspended production at many facilities. Excluding motor vehicles and parts, manufacturing production fell back 0.4 percent after having increased 0.3 percent in March. In April, the output of utilities rose 0.3 percent, and the output at mines decreased 0.8 percent. At 111.2 percent of its 2002 average, overall industrial production was 0.2 percent above its year-earlier level. The rate of capacity utilization for total industry declined 0.7 percentage point, to 79.7 percent, a level 1.3 percentage points below its average for 1972-2007. Market Groups ------------- The production of consumer goods decreased 0.8 percent in April. The output of consumer durables dropped 4.1 percent, but the output of consumer nondurables was unchanged. Among durable consumer goods, the large decline principally reflected the strike-related curtailments for automotive products manufacturers; however, the output indexes for appliances, furniture, and carpeting and for miscellaneous goods also fell. Among consumer non-energy nondurables, the index for paper products dropped 1.9 percent, but the indexes for the other major categories were little changed. The output of consumer energy products gained 0.7 percent. In April, the output of business equipment fell 1.1 percent. The index for transit equipment dropped 2.8 percent, primarily as a result of the strike activity in the motor vehicle industry. The output of industrial and other equipment also posted a significant decrease, as production was cut sharply for both farm and construction machinery. The index for information processing equipment rose 1.2 percent and stood 13.1 percent above its year-earlier level. The production of defense and space equipment moved up 1.6 percent. The output of construction supplies fell 1.5 percent and has declined in five of the past six months. The production of business supplies stepped down 0.5 percent. The output of materials declined 0.7 percent in April, and durable, nondurable, and energy materials all posted losses. Within durables, the output of consumer parts fell 3.3 percent and stood nearly 12 percent below its year-earlier level; reductions in the output of motor vehicle parts have contributed in large measure to the weakness in this index. The production of equipment parts was unchanged after having risen 1.3 percent in March, and the output of other durable materials decreased 0.8 percent. Among nondurable materials, the production of both textile and paper materials fell substantially in April, and the output of chemical materials edged down. The production of energy materials declined 0.6 percent. Industry Groups --------------- Manufacturing output fell 0.8 percent in April; half of this loss was attributable to a drop of 8.2 percent in the production of motor vehicles and parts. The factory operating rate moved down 0.8 percentage point, to 77.5 percent. The production of durable goods fell 1.4 percent after having been unchanged in March. In addition to the motor vehicles and parts industry, the durable manufacturing industries that registered decreases in output of more than 1 percent in April included nonmetallic mineral products, fabricated metal products, and machinery. In contrast, the output of computer and electronic products moved up more than 1 percent for the third consecutive month. The index for nondurable manufacturing edged down 0.1 percent; sizable reductions occurred in the indexes for textile and product mills, printing and support, and plastics and rubber products. The output of petroleum and coal products rose. Increases in gasoline and aviation fuel contributed to the gain at refineries; output indexes for both of these products have advanced more than 5 percent from their year-earlier levels. The production of non-NAICS manufacturing (logging and publishing) fell 1.8 percent. The output of utilities edged up 0.3 percent; its operating rate was little changed, at 85.9 percent, a level 0.9 percentage point below its 1972-2007 average. Mining production decreased 0.8 percent, with losses in all of its major components. The capacity utilization rate for mining fell 0.8 percentage point, to 90.6 percent, a rate 3.1 percentage points above its long-run average. Capacity utilization at industries grouped by stage of process changed as follows: For the crude stage, utilization moved down 0.8 percentage point, to 89.2 percent, a rate 2.6 percentage points above its 1972-2007 average; for the primary and semifinished stages, utilization moved down 0.5 percentage point, to 79.6 percent, a rate 2.6 percentage points below its long-run average; and for the finished stage, utilization decreased 0.9 percentage point, to 76.2 percent, a rate 1.5 percentage points below its long-run average. Notice Revision of Industrial Production and Capacity Utilization The Federal Reserve Board issued an annual revision to the indexes of industrial production (IP) and the related measures of capacity and capacity utilization on March 28, 2008. The revised IP indexes incorporated data from the 2006 Annual Survey of Manufactures and from selected editions of the 2006 Current Industrial Reports, all from the U.S. Census Bureau. Annual data from the U.S. Geological Survey regarding metallic and nonmetallic minerals (except fuels) for 2006 were also incorporated. The update included revisions to the monthly indicator (either product data or input data) and to seasonal factors for each industry as well as changes in the estimation methods for some series. Any changes to methods for estimating the output of an industry affected the indexes from 1972 to the present. Monthly releases now include new or revised indexes for a six-month reporting window, which encompasses one month of new data and revisions to the previous five months of data. The new longer reporting window allows the incorporation of additional lagging data before an annual revision. Had a six-month window been used over the past year, an additional 3 percent to 4 percent of IP would have reflected source data. For a few indexes, the longer reporting window will cause the latest month of data shown to be as many as five months earlier than the latest value for aggregate IP; data for detailed production indexes are not shown in the supplement to the G.17 release until either the underlying data are available or the reporting window is closed. Capacity and capacity utilization have been revised to reflect the revised production indexes and to incorporate data from the Census Bureau's 2006 Survey of Plant Capacity, which covers manufacturing, along with new data on capacity from the U.S. Geological Survey, the Department of Energy, and other organizations. The revision is now available on the Board's website (www.federalreserve.gov/releases/G17). The revised data are also available through the website of the Department of Commerce (www.stat-usa.gov). Further information on these revisions can be obtained from the Board's Industrial Output Section (telephone number 202-452-3197). INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | 2002=100 | Percent change | ----------------------------------------------------------------- | ----------------------------------------------------------------------------------- | 2007 2008 | 2007 2008 | Apr. '07 to Industrial production | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Apr. '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total index | 112.3 112.4 112.6 111.8 112.0 111.2 | .4 .1 .1 -.7 .2 -.7 | .2 Previous estimates | 112.3 112.4 112.6 111.8 112.1 | .4 .1 .1 -.7 .3 | | | | Major market groups | | | Final Products | 113.3 113.5 113.9 113.2 113.1 112.3 | .3 .2 .4 -.7 -.1 -.7 | -.2 Consumer goods | 107.4 107.4 108.0 107.1 106.7 105.8 | .1 .0 .5 -.8 -.4 -.8 | -1.6 Business equipment | 130.2 131.1 131.4 131.2 132.1 130.7 | .2 .7 .2 -.2 .7 -1.1 | 3.0 Nonindustrial supplies | 107.9 107.7 107.9 106.4 106.8 105.9 | .0 -.1 .1 -1.3 .3 -.8 | -2.0 Construction | 104.5 104.8 104.5 103.1 102.7 101.1 | -.8 .2 -.3 -1.3 -.5 -1.5 | -4.7 Materials | 113.0 113.2 113.0 112.4 112.8 112.0 | .7 .2 -.1 -.6 .4 -.7 | 1.3 | | | Major industry groups | | | Manufacturing (see note below) | 113.8 113.8 113.8 113.0 113.0 112.1 | .2 .1 .0 -.7 .0 -.8 | -.3 Previous estimates | 113.7 113.8 113.9 113.3 113.4 | .2 .1 .1 -.5 .1 | Mining | 102.9 104.3 103.4 103.7 104.7 103.9 | 1.6 1.4 -.8 .3 1.0 -.8 | 3.1 Utilities | 109.1 108.2 111.0 108.4 109.2 109.6 | .6 -.7 2.5 -2.3 .7 .3 | .8 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | Capacity | Percent of capacity | growth | ------------------------------------------------------------------------------------------------------------------------------------------- | --------------- | Average 1988- 1990- 1994- 2001- | | | 1972- 89 91 95 02 2007 | 2007 2008 | Apr. '07 to Capacity utilization | 2007 high low high low Apr.[p] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Apr. '08 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | Total industry | 81.0 85.0 78.6 85.1 73.6 81.0 | 81.1 81.0 81.0 80.3 80.4 79.7 | 1.9 Previous estimates | | 81.1 81.0 81.0 80.3 80.5 | | | | Manufacturing (see note below) | 79.7 85.4 77.1 84.6 71.5 79.4 | 79.3 79.2 79.1 78.4 78.3 77.5 | 2.1 Previous estimates | | 79.3 79.2 79.2 78.6 78.5 | Mining | 87.5 86.3 83.6 88.7 84.8 88.9 | 90.6 91.2 90.4 90.6 91.4 90.6 | 1.2 Utilities | 86.8 92.7 84.1 93.9 84.6 86.9 | 86.3 85.5 87.5 85.3 85.8 85.9 | 2.0 | | | Stage-of-process groups | | | Crude | 86.6 88.3 84.4 89.5 81.9 88.5 | 89.7 90.3 89.4 89.2 90.0 89.2 | 1.0 Primary and semifinished | 82.2 86.4 77.8 88.2 74.6 81.8 | 81.5 81.0 81.4 80.4 80.1 79.6 | 2.3 Finished | 77.7 82.8 77.1 80.4 69.9 77.3 | 77.5 77.6 77.5 76.9 77.1 76.2 | 1.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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. Table 1 Industrial Production: Market and Industry Group Summary Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| Apr. '07 | | 2007 | | 2007 2008 | 2007 2008 | to Item | NAICS |Proportion<1>| 2005 2006 2007 | Q3 Q4[r] Q1[r] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Apr. '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total IP | | 100.00 | 2.6 1.7 2.2 | 3.6 .4 -.2 | .4 .1 .1 -.7 .2 -.7 | .2 | | | | | | MARKET GROUP | | | | | | Final products and nonindustrial supplies | | 56.13 | 4.4 1.0 1.3 | 3.1 -1.6 -.3 | .2 .1 .3 -.8 .0 -.8 | -.6 Consumer goods | | 29.33 | 2.4 .2 1.1 | 2.6 -2.9 -.4 | .1 .0 .5 -.8 -.4 -.8 | -1.6 Durable | | 6.68 | 1.5 -3.9 .9 | 1.7 -7.1 -10.9 | .5 -.1 -1.5 -1.2 -2.1 -4.1 | -9.5 Automotive products | | 3.23 | -1.9 -5.3 3.7 | 3.5 -7.8 -12.6 | 1.2 .8 -2.1 -1.2 -4.1 -7.8 | -14.4 Home electronics | | .31 | 11.0 11.5 14.2 | .9 33.5 9.4 | 5.5 1.7 -.5 .8 -1.9 .0 | 7.6 Appliances, furniture, carpeting | | 1.08 | 1.6 -6.1 -6.1 | -7.2 -13.2 -19.2 | -1.3 -1.5 -2.5 -2.3 .5 -.3 | -11.0 Miscellaneous goods | | 2.06 | 5.6 -2.8 -1.5 | 3.8 -7.9 -6.8 | -.6 -.9 -.4 -.9 -.1 -.8 | -3.6 Nondurable | | 22.65 | 2.7 1.5 1.2 | 2.9 -1.5 2.9 | .0 .0 1.1 -.7 .1 .0 | .8 Non-energy | | 16.27 | 3.0 2.1 .9 | 2.8 -2.2 .2 | -.5 .3 .0 -.4 .7 -.2 | .2 Foods and tobacco | | 8.98 | 3.9 .3 1.5 | 4.1 -4.7 -1.1 | -.4 .0 -.1 -.7 1.4 .0 | .5 Clothing | | .54 | -2.1 .3 -1.9 | -5.7 -3.5 -1.7 | -.1 2.3 -.9 -.7 -1.4 .2 | -4.0 Chemical products | | 4.71 | 3.1 7.7 .0 | 2.1 3.5 1.2 | -.6 .4 .2 .5 -.9 -.1 | .4 Paper products | | 1.56 | -.9 -2.4 1.1 | 1.2 -5.0 3.6 | -.6 .9 .6 -.8 1.3 -1.9 | -1.3 Energy | | 6.38 | 1.7 -.2 1.9 | 3.3 .2 10.3 | 1.4 -.9 4.0 -1.4 -1.3 .7 | 2.3 | | | | | | Business equipment | | 9.38 | 10.3 7.8 2.8 | 7.7 1.7 3.6 | .2 .7 .2 -.2 .7 -1.1 | 3.0 Transit | | 1.71 | 15.9 9.1 -3.3 | 3.7 -3.9 -3.2 | .5 .8 -1.0 -.9 .3 -2.8 | -3.6 Information processing | | 2.72 | 14.6 12.8 8.7 | 12.9 12.6 11.8 | 1.3 .8 .5 1.5 1.3 1.2 | 13.1 Industrial and other | | 4.95 | 5.9 4.4 1.7 | 6.1 -2.1 1.5 | -.4 .5 .5 -.8 .5 -1.8 | -.1 Defense and space equipment | | 1.73 | 6.9 -2.6 5.2 | 7.7 4.7 1.4 | 1.6 -.3 .8 -1.2 .2 1.6 | 6.0 | | | | | | Construction supplies | | 4.21 | 7.5 -3.5 -1.4 | 1.5 -7.7 -5.5 | -.8 .2 -.3 -1.3 -.5 -1.5 | -4.7 Business supplies | | 10.64 | 2.6 -.3 1.1 | .7 .8 -2.0 | .4 -.3 .2 -1.3 .6 -.5 | -1.0 | | | | | | Materials | | 43.87 | .3 2.5 3.3 | 4.3 3.0 -.2 | .7 .2 -.1 -.6 .4 -.7 | 1.3 Non-energy | | 29.30 | 2.4 1.3 3.5 | 4.7 1.1 -2.0 | .7 -.1 -.2 -.7 .1 -.7 | .3 Durable | | 17.55 | 5.4 1.2 5.4 | 8.7 2.3 -.2 | .8 -.4 .1 -.1 -.1 -.9 | 2.2 Consumer parts | | 2.92 | .5 -5.8 -2.0 | -2.4 -10.5 -14.0 | .5 -2.3 -.7 -1.2 -2.7 -3.3 | -11.8 Equipment parts | | 6.01 | 11.3 9.4 12.4 | 18.7 12.8 6.6 | 1.1 .0 .5 .5 1.3 .0 | 11.5 Other | | 8.62 | 2.9 -2.0 3.1 | 5.8 -.4 -.1 | .6 .1 .0 -.2 -.3 -.8 | .6 Nondurable | | 11.75 | -2.2 1.6 .6 | -1.5 -.9 -4.7 | .5 .3 -.6 -1.5 .3 -.4 | -2.6 Textile | | .52 | .5 -12.2 -9.2 | -19.5 -8.0 -13.7 | -.6 .0 -2.7 -.2 -1.8 -2.6 | -14.2 Paper | | 2.23 | -1.1 1.6 -1.3 | -1.9 2.9 -4.4 | 1.4 1.7 -1.6 -1.9 .6 -.8 | -2.6 Chemical | | 5.78 | -5.8 4.9 2.1 | -2.2 -1.1 -4.7 | .5 -.2 -.3 -1.5 .1 -.1 | -2.5 Energy | | 14.57 | -4.0 5.2 2.7 | 3.4 7.1 3.5 | .8 .8 .0 -.4 .9 -.6 | 3.3 | | | | | | | | | | | | INDUSTRY GROUP | | | | | | Manufacturing | | 78.70 | 3.7 1.1 2.3 | 4.0 -.6 -1.4 | .2 .1 .0 -.7 .0 -.8 | -.3 Manufacturing (NAICS) | 31-33 | 75.01 | 3.9 1.4 2.5 | 4.3 -.4 -1.2 | .3 .0 .0 -.7 .0 -.8 | -.1 | | | | | | Durable manufacturing | | 38.51 | 6.9 1.6 3.9 | 6.8 .3 -.9 | .5 .0 .0 -.6 .0 -1.4 | .4 Wood products | 321 | 1.19 | 11.6 -13.3 -6.8 | -6.3 -17.5 -15.9 | -2.4 .0 -2.1 -1.2 -1.8 -.1 | -11.0 Nonmetallic mineral products | 327 | 2.25 | 5.3 -3.5 .8 | 8.3 -6.4 -8.3 | .7 -3.3 .4 -1.6 1.8 -2.4 | -2.7 Primary metal | 331 | 2.70 | -1.1 -4.2 4.1 | 4.5 .3 12.3 | .9 1.9 2.2 -.7 -1.2 .2 | 2.9 Fabricated metal products | 332 | 5.58 | 6.2 3.2 3.4 | 4.5 1.4 .2 | .5 -.4 .3 -.2 .1 -1.5 | .2 Machinery | 333 | 4.89 | 8.3 2.5 -.7 | 2.3 -5.7 -3.3 | -.9 -.5 .3 -.8 .1 -1.7 | -3.4 Computer and electronic products | 334 | 6.84 | 15.1 12.2 13.8 | 20.1 19.9 11.1 | 1.8 .6 .0 1.7 1.6 1.1 | 16.7 Electrical equip., appliances, | | | | | | and components | 335 | 1.93 | 1.8 -.5 3.7 | 1.3 -2.1 1.8 | .7 1.0 .0 -1.4 1.5 -.7 | -.3 Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.1 | 2.2 -12.7 -14.3 | .7 .1 -1.9 -1.2 -4.3 -8.2 | -16.8 Aerospace and miscellaneous | | | | | | transportation equipment | 3364-9 | 3.50 | 11.5 4.5 10.9 | 11.5 6.7 .9 | 1.3 -.4 .9 -1.4 .4 .2 | 6.1 Furniture and related products | 337 | 1.43 | 1.6 -1.6 -1.8 | 3.9 -7.7 -15.5 | -.3 -1.4 -1.9 -1.7 -.4 -.7 | -6.2 Miscellaneous | 339 | 3.09 | 6.6 2.7 1.5 | 2.8 -1.2 .9 | -.4 1.0 .5 -2.1 2.0 -.3 | 1.2 | | | | | | Nondurable manufacturing | | 36.50 | .7 1.3 .9 | 1.6 -1.1 -1.6 | .0 .1 .0 -.8 .0 -.1 | -.6 Food, beverage, and tobacco products | 311,2 | 10.74 | 4.1 .3 2.1 | 4.3 -3.7 -.8 | -.5 .0 .0 -.8 1.5 .0 | 1.0 Textile and product mills | 313,4 | .93 | -.3 -11.7 -8.0 | -16.3 -8.4 -11.2 | -.7 .6 -2.7 -.4 -.5 -1.8 | -11.4 Apparel and leather | 315,6 | .57 | -1.3 -.8 -2.0 | -5.6 -2.1 -1.8 | -.2 2.4 -1.1 -.7 -1.3 .1 | -3.5 Paper | 322 | 2.54 | -.7 .3 -2.2 | -1.6 .3 -4.1 | 1.3 2.0 -1.4 -2.4 .6 -.4 | -2.7 Printing and support | 323 | 1.87 | .5 1.9 -1.3 | -2.5 .3 -4.3 | .5 -.4 -.6 -1.2 1.2 -1.2 | -3.5 Petroleum and coal products | 324 | 5.24 | -3.7 2.2 -.5 | 1.0 .2 6.5 | -.6 .4 2.9 -1.0 -2.1 .8 | 1.9 Chemical | 325 | 11.57 | -1.2 5.0 1.4 | 1.7 .2 -2.0 | .2 .0 -.1 -.5 -.2 -.1 | -.6 Plastics and rubber products | 326 | 3.04 | 2.6 -3.6 4.4 | 4.7 1.8 -9.0 | .7 -.8 -1.4 .1 -2.1 -.8 | -2.5 | | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | -.5 -4.5 -1.3 | -1.9 -4.6 -4.8 | -.5 .2 -.6 -1.0 .2 -1.8 | -5.1 | | | | | | Mining | 21 | 11.62 | -4.9 8.2 .4 | 2.6 5.9 4.6 | 1.6 1.4 -.8 .3 1.0 -.8 | 3.1 Utilities | 2211,2 | 9.68 | 2.0 -.7 3.1 | 1.4 2.2 3.6 | .6 -.7 2.5 -2.3 .7 .3 | .8 Electric | 2211 | 7.98 | 3.5 -1.2 3.3 | 1.4 3.3 -.7 | -1.1 -1.3 2.9 -3.5 1.6 .4 | .9 Natural gas | 2212 | 1.70 | -4.6 1.5 2.0 | 1.3 -3.3 27.3 | 9.4 1.7 .6 3.7 -3.1 -.3 | .3 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> The proportion data are estimates of the relative contribution of each series to the growth of total industrial production in the following year. Note. Under industry groups, the figures to the right of the series descriptions are 2002 North American Industry Classification System (NAICS) codes. The abbreviation pt denotes part of a NAICS code. Additional industry detail is available on the Board's web site (www.federalreserve.gov/releases/G17). Under market groups, in the products category, miscellaneous consumer nondurables, oil and gas drilling, and manufactured homes are not shown separately; in the nondurable materials category, containers and miscellaneous nondurable materials are not shown separately. Table 2 Industrial Production: Special Aggregates and Selected Detail Percent change, seasonally adjusted --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Fourth quarter to | | | | | | fourth quarter | Annual rate | Monthly rate | | | |------------------------------|------------------------------|------------------------------------------------------------| Apr. '07 | | 2007 | | 2007 2008 | 2007 2008 | to Item | NAICS | Proportion| 2005 2006 2007 | Q3 Q4[r] Q1[r] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Apr. '08 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | | Total industry | | 100.00 | 2.6 1.7 2.2 | 3.6 .4 -.2 | .4 .1 .1 -.7 .2 -.7 | .2 | | | | | | Energy | | 24.66 | -1.8 3.7 2.3 | 2.6 4.7 4.9 | 1.0 .2 1.2 -.9 .3 -.1 | 2.6 Consumer products | | 6.38 | 1.7 -.2 1.9 | 3.3 .2 10.3 | 1.4 -.9 4.0 -1.4 -1.3 .7 | 2.3 Commercial products | | 2.94 | .4 1.2 2.0 | -.8 3.9 1.5 | .8 -1.5 2.5 -2.2 .5 .2 | .0 Oil and gas well drilling | 213111 | .77 | 11.9 14.8 -.8 | -3.3 -.9 1.2 | 3.7 2.9 -2.8 -1.1 2.1 1.9 | 2.2 Converted fuel | | 4.15 | -2.6 2.5 5.3 | 6.7 6.4 -.1 | -1.7 .8 .4 -1.0 .8 .2 | 3.4 Primary energy | | 10.42 | -4.6 6.4 1.6 | 2.1 7.3 5.0 | 1.8 .8 -.1 -.1 1.0 -.9 | 3.3 | | | | | | Non-energy | | 75.34 | 3.9 1.1 2.1 | 3.9 -.9 -1.9 | .2 .1 -.2 -.7 .1 -.9 | -.6 Selected high-technology industries | | 4.30 | 22.4 17.3 22.1 | 34.3 28.5 13.7 | 1.8 .7 .1 2.0 2.3 1.0 | 24.5 Computers and peripheral equipment | 3341 | .98 | 28.8 18.0 16.6 | 17.3 19.5 16.1 | 1.8 1.4 1.3 1.0 .8 .5 | 17.3 Communications equipment | 3342 | 1.28 | 13.7 20.6 20.1 | 34.9 28.3 15.4 | 1.2 .8 .7 1.8 2.2 2.1 | 25.6 Semiconductors and related | | | | | | electronic components | 334412-9 | 2.04 | 24.0 15.4 25.8 | 42.4 33.0 11.6 | 2.1 .2 -.8 2.6 3.0 .6 | 27.2 | | | | | | Excluding selected high-technology | | | | | | industries | | 71.03 | 2.7 .0 .9 | 2.1 -2.6 -2.8 | .1 .1 -.3 -.8 .0 -1.1 | -2.1 | | | | | | Motor vehicles and parts | 3361-3 | 5.12 | -.3 -5.9 -2.1 | 2.2 -12.7 -14.3 | .7 .1 -1.9 -1.2 -4.3 -8.2 | -16.8 Motor vehicles | 3361 | 2.28 | -2.3 -7.0 -2.5 | 3.1 -16.9 -16.4 | 1.8 1.0 -2.4 -2.3 -5.3 -13.7 | -24.1 Motor vehicle parts | 3363 | 2.47 | -.6 -4.3 .6 | 4.6 -7.9 -11.0 | .6 -1.2 -.7 -.5 -3.6 -3.9 | -9.3 | | | | | | Excluding motor vehicles and parts | | 65.91 | 3.0 .6 1.1 | 2.0 -1.8 -1.9 | .1 .1 -.1 -.8 .3 -.6 | -.9 Consumer goods | | 19.88 | 3.1 1.0 .3 | 2.1 -3.0 -1.9 | -.4 .1 -.2 -.5 .5 -.3 | -.9 Business equipment | | 7.33 | 7.3 5.8 2.8 | 5.8 .1 2.8 | .0 .5 .4 -.4 .7 -.9 | 1.8 Construction supplies | | 4.17 | 7.5 -3.7 -1.8 | 1.0 -8.2 -5.8 | -.9 .2 -.3 -1.3 -.5 -1.5 | -5.1 Business supplies | | 7.41 | 2.4 -1.6 -.1 | -.1 -1.4 -3.8 | .1 .2 -.6 -1.1 .6 -.9 | -2.3 Materials | | 25.38 | .6 .7 1.9 | 1.6 -.6 -2.3 | .5 .0 -.1 -1.0 .1 -.5 | -1.0 | | | | | | Measures excluding selected high-technology | | | | | | industries | | | | | | Total industry | | 95.70 | 1.6 .9 1.2 | 2.2 -.9 -.9 | .4 .1 .1 -.9 .1 -.8 | -.9 Manufacturing<1> | | 74.39 | 2.5 .1 1.1 | 2.3 -2.2 -2.3 | .1 .0 .0 -.9 -.2 -.9 | -1.7 Durable | | 34.37 | 4.7 -.5 1.6 | 3.3 -3.1 -2.8 | .4 -.1 .0 -.9 -.3 -1.7 | -2.6 | | | | | | Measures excluding motor vehicles and parts | | | | | | Total industry | | 94.88 | 2.8 2.1 2.4 | 3.7 1.2 .5 | .4 .1 .2 -.7 .4 -.4 | 1.1 Manufacturing<1> | | 73.58 | 4.0 1.7 2.6 | 4.1 .3 -.5 | .2 .1 .1 -.6 .3 -.4 | .9 Durable | | 33.56 | 8.1 2.8 4.8 | 7.4 2.5 1.2 | .5 -.1 .3 -.5 .6 -.5 | 3.0 | | | | | | Measures excluding selected high-technology | | | | | | industries and motor vehicles and parts | | | | | | Total industry | | 90.58 | 1.7 1.4 1.4 | 2.2 -.1 -.1 | .3 .1 .3 -.8 .3 -.4 | .0 Manufacturing<1> | | 69.27 | 2.7 .6 1.3 | 2.3 -1.4 -1.4 | .1 .0 .1 -.8 .1 -.4 | -.6 | | | | | | Measures of non-energy materials | | | | | | inputs to | | | | | | Finished processors | | 11.68 | 5.6 2.8 5.1 | 7.4 4.0 -1.6 | .9 -.3 -.3 -.4 .1 -1.0 | 1.6 Primary and semifinished processors | | 17.62 | .1 .3 2.4 | 2.8 -.9 -2.2 | .5 .0 -.1 -.9 .1 -.5 | -.6 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page. Table 3 Motor Vehicle Assemblies Millions of units, seasonally adjusted annual rate -------------------------------------------------------------------------------------------------------------------------------------------- | 2007 | 2007 2008 | 2007 2008 Item |Average| Q2 Q3 Q4 Q1 | Nov. Dec. Jan. Feb. Mar. Apr. -------------------------------------------------------------------------------------------------------------------------------------------- Total | 10.75 | 11.04 10.93 10.52 9.91 | 10.62 10.54 10.17 10.10 9.46 8.33 Autos | 3.92 | 3.87 3.93 3.99 3.97 | 3.95 4.06 3.98 3.88 4.06 3.42 Trucks | 6.83 | 7.16 7.01 6.53 5.94 | 6.67 6.48 6.20 6.22 5.40 4.90 Light | 6.55 | 6.89 6.75 6.29 5.70 | 6.42 6.22 5.97 5.99 5.13 4.67 Medium and heavy | .28 | .27 .25 .25 .24 | .25 .26 .23 .24 .27 .23 | | | Memo: | | | Autos and light trucks | 10.47 | 10.77 10.68 10.27 9.67 | 10.37 10.28 9.95 9.86 9.19 8.10 -------------------------------------------------------------------------------------------------------------------------------------------- Note. Seasonal factors and underlying data for auto, light truck, and medium and heavy truck production are available on the Board's web site, www.federalreserve.gov/releases/G17/mvsf.htm Table 4 Industrial Production Indexes: Market and Industry Group Summary 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Aug. Sept. Oct. Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total IP | | 100.00 | 112.0 112.3 111.8 112.3 112.4 112.6 111.8 112.0 111.2 | | | MARKET GROUP | | | Final products and nonindustrial supplies | | 56.13 | 112.0 112.5 111.6 111.8 111.9 112.3 111.4 111.4 110.5 Consumer goods | | 29.33 | 107.9 108.4 107.3 107.4 107.4 108.0 107.1 106.7 105.8 Durable | | 6.68 | 104.6 103.5 102.4 102.9 102.9 101.3 100.1 98.1 94.1 Automotive products | | 3.23 | 103.0 101.1 100.0 101.1 101.9 99.8 98.6 94.5 87.1 Home electronics | | .31 | 152.7 156.4 158.8 167.6 170.4 169.6 170.9 167.6 167.6 Appliances, furniture, carpeting | | 1.08 | 96.5 95.5 94.1 92.9 91.5 89.2 87.2 87.6 87.4 Miscellaneous goods | | 2.06 | 105.3 105.0 103.8 103.2 102.3 101.9 101.0 101.0 100.1 Nondurable | | 22.65 | 108.9 109.9 108.8 108.8 108.8 110.1 109.3 109.4 109.4 Non-energy | | 16.27 | 109.1 110.1 109.4 108.8 109.2 109.2 108.8 109.5 109.2 Foods and tobacco | | 8.98 | 110.0 111.8 110.0 109.5 109.5 109.4 108.6 110.1 110.1 Clothing | | .54 | 77.3 77.0 76.3 76.2 78.0 77.2 76.7 75.6 75.7 Chemical products | | 4.71 | 117.4 117.4 118.8 118.0 118.5 118.7 119.3 118.3 118.2 Paper products | | 1.56 | 96.7 96.9 95.8 95.2 96.0 96.6 95.9 97.1 95.3 Energy | | 6.38 | 108.6 109.5 107.6 109.0 108.1 112.5 110.9 109.4 110.2 | | | Business equipment | | 9.38 | 129.4 130.5 129.9 130.2 131.1 131.4 131.2 132.1 130.7 Transit | | 1.71 | 124.4 124.1 122.6 123.2 124.2 123.0 121.9 122.2 118.8 Information processing | | 2.72 | 157.7 159.2 160.7 162.7 163.9 164.7 167.1 169.4 171.5 Industrial and other | | 4.95 | 116.4 117.9 116.7 116.2 116.8 117.4 116.4 117.0 114.9 Defense and space equipment | | 1.73 | 117.9 118.4 118.3 120.2 119.8 120.8 119.3 119.5 121.5 | | | Construction supplies | | 4.21 | 107.1 106.6 105.4 104.5 104.8 104.5 103.1 102.7 101.1 Business supplies | | 10.64 | 108.7 109.1 108.8 109.2 108.9 109.2 107.8 108.4 107.9 | | | Materials | | 43.87 | 112.0 112.0 112.2 113.0 113.2 113.0 112.4 112.8 112.0 Non-energy | | 29.30 | 116.3 116.6 116.4 117.2 117.0 116.8 116.0 116.1 115.3 Durable | | 17.55 | 125.1 125.3 125.5 126.4 126.0 126.1 125.9 125.8 124.6 Consumer parts | | 2.92 | 95.0 93.6 92.4 92.9 90.8 90.1 89.1 86.6 83.8 Equipment parts | | 6.01 | 170.1 171.3 174.6 176.5 176.4 177.4 178.2 180.5 180.4 Other | | 8.62 | 110.0 110.4 109.7 110.4 110.4 110.4 110.2 109.8 109.0 Nondurable | | 11.75 | 103.2 103.8 102.9 103.5 103.7 103.1 101.5 101.9 101.4 Textile | | .52 | 74.0 74.0 73.5 73.1 73.0 71.1 71.0 69.7 67.8 Paper | | 2.23 | 97.5 96.4 96.4 97.7 99.3 97.8 95.9 96.5 95.7 Chemical | | 5.78 | 111.9 113.1 111.9 112.5 112.3 111.9 110.3 110.4 110.3 Energy | | 14.57 | 102.1 101.6 102.5 103.3 104.1 104.1 103.7 104.7 104.1 | | | | | | INDUSTRY GROUP | | | Manufacturing | | 78.70 | 113.6 114.0 113.5 113.8 113.8 113.8 113.0 113.0 112.1 Manufacturing (NAICS) | 31-33 | 75.01 | 114.8 115.2 114.8 115.1 115.1 115.2 114.4 114.4 113.5 | | | Durable manufacturing | | 38.51 | 122.4 122.4 122.2 122.9 122.8 122.8 122.1 122.1 120.4 Wood products | 321 | 1.19 | 100.3 97.9 96.5 94.2 94.3 92.3 91.1 89.5 89.5 Nonmetallic mineral products | 327 | 2.25 | 110.0 110.2 108.9 109.7 106.0 106.4 104.7 106.6 104.0 Primary metal | 331 | 2.70 | 111.4 109.2 110.0 111.0 113.1 115.6 114.8 113.5 113.6 Fabricated metal products | 332 | 5.58 | 112.8 113.2 113.1 113.7 113.2 113.5 113.3 113.4 111.7 Machinery | 333 | 4.89 | 116.2 118.0 116.4 115.4 114.8 115.1 114.2 114.3 112.4 Computer and electronic products | 334 | 6.84 | 186.5 188.3 192.8 196.2 197.3 197.4 200.8 203.9 206.1 Electrical equip., appliances, | | | and components | 335 | 1.93 | 105.4 105.7 104.3 105.0 106.1 106.1 104.6 106.2 105.4 Motor vehicles and parts | 3361-3 | 5.12 | 99.3 96.6 95.1 95.8 95.9 94.1 92.9 88.9 81.6 Aerospace and miscellaneous | | | transportation equipment | 3364-9 | 3.50 | 123.8 125.3 125.3 126.9 126.4 127.5 125.7 126.3 126.5 Furniture and related products | 337 | 1.43 | 103.4 102.4 101.7 101.4 99.9 98.0 96.4 96.1 95.4 Miscellaneous | 339 | 3.09 | 116.4 117.4 116.5 116.0 117.1 117.7 115.2 117.5 117.1 | | | Nondurable manufacturing | | 36.50 | 106.6 107.3 106.7 106.6 106.8 106.8 106.0 106.0 105.9 Food, beverage, and tobacco products | 311,2 | 10.74 | 110.3 112.0 110.5 110.0 110.0 110.0 109.1 110.8 110.8 Textile and product mills | 313,4 | .93 | 78.7 78.1 77.7 77.1 77.5 75.5 75.2 74.8 73.5 Apparel and leather | 315,6 | .57 | 77.6 77.6 77.0 76.8 78.7 77.8 77.3 76.3 76.4 Paper | 322 | 2.54 | 95.7 95.0 94.1 95.4 97.3 96.0 93.7 94.2 93.8 Printing and support | 323 | 1.87 | 99.1 99.6 98.9 99.4 99.0 98.4 97.2 98.4 97.2 Petroleum and coal products | 324 | 5.24 | 108.5 108.4 108.7 108.1 108.5 111.7 110.6 108.3 109.1 Chemical | 325 | 11.57 | 114.2 115.0 114.5 114.7 114.7 114.6 114.0 113.7 113.6 Plastics and rubber products | 326 | 3.04 | 103.8 105.0 104.6 105.4 104.5 103.0 103.2 101.0 100.1 | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.68 | 92.8 93.2 92.2 91.7 92.0 91.4 90.5 90.6 89.0 | | | Mining | 21 | 11.62 | 101.2 101.3 101.3 102.9 104.3 103.4 103.7 104.7 103.9 Utilities | 2211,2 | 9.68 | 109.3 109.0 108.4 109.1 108.2 111.0 108.4 109.2 109.6 Electric | 2211 | 7.98 | 111.1 111.5 112.3 111.1 109.7 112.9 108.9 110.7 111.1 Natural gas | 2212 | 1.70 | 101.0 97.4 90.9 99.4 101.2 101.8 105.5 102.3 102.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 1. Table 5 Industrial Production Indexes: Special Aggregates 2002 = 100, seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | 2007 | 2007 2008 Item | NAICS | Proportion| Aug. Sept. Oct. Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total industry | | 100.00 | 112.0 112.3 111.8 112.3 112.4 112.6 111.8 112.0 111.2 | | | Energy | | 24.66 | 106.2 106.0 106.1 107.1 107.3 108.6 107.7 108.0 107.9 Consumer products | | 6.38 | 108.6 109.5 107.6 109.0 108.1 112.5 110.9 109.4 110.2 Commercial products | | 2.94 | 114.6 113.8 114.7 115.7 113.9 116.7 114.1 114.7 114.9 Oil and gas well drilling | 213111 | .77 | 169.1 168.9 163.1 169.1 174.1 169.3 167.5 171.0 174.3 Converted fuel | | 4.15 | 109.2 108.3 109.8 108.0 108.8 109.3 108.2 109.1 109.3 Primary energy | | 10.42 | 99.1 98.7 99.4 101.2 101.9 101.8 101.7 102.7 101.8 | | | Non-energy | | 75.34 | 113.5 113.9 113.4 113.6 113.8 113.5 112.7 112.9 111.8 Selected high-technology industries | | 4.30 | 231.1 234.6 243.2 247.5 249.1 249.4 254.4 260.2 262.9 Computers and peripheral equipment | 3341 | .98 | 188.9 191.4 194.6 198.1 200.8 203.4 205.5 207.2 208.2 Communications equipment | 3342 | 1.28 | 176.9 181.7 186.3 188.6 190.1 191.4 195.0 199.2 203.4 Semiconductors and related | | | electronic components | 334412-9 | 2.04 | 288.4 290.7 306.4 312.6 313.3 310.8 318.9 328.6 330.6 | | | Excluding selected high-technology | | | industries | | 71.03 | 107.8 108.1 107.2 107.4 107.5 107.2 106.3 106.3 105.2 | | | Motor vehicles and parts | 3361-3 | 5.12 | 99.3 96.6 95.1 95.8 95.9 94.1 92.9 88.9 81.6 Motor vehicles | 3361 | 2.28 | 100.7 96.3 94.4 96.1 97.0 94.7 92.6 87.6 75.6 Motor vehicle parts | 3363 | 2.47 | 96.8 95.2 94.3 94.8 93.6 93.0 92.5 89.1 85.6 | | | Excluding motor vehicles and parts | | 65.91 | 108.5 109.1 108.3 108.4 108.5 108.4 107.5 107.8 107.2 Consumer goods | | 19.88 | 108.0 108.7 107.9 107.4 107.6 107.3 106.7 107.3 106.9 Business equipment | | 7.33 | 119.6 120.9 120.0 120.0 120.6 121.1 120.5 121.4 120.3 Construction supplies | | 4.17 | 106.5 105.9 104.7 103.8 104.0 103.7 102.3 101.8 100.2 Business supplies | | 7.41 | 102.4 103.2 102.2 102.4 102.6 102.0 100.9 101.4 100.6 Materials | | 25.38 | 107.9 108.4 107.7 108.3 108.2 108.1 107.1 107.2 106.6 | | | Measures excluding selected high-technology | | | industries | | | Total industry | | 95.70 | 107.4 107.6 107.0 107.4 107.5 107.7 106.7 106.8 106.0 Manufacturing<1> | | 74.39 | 108.0 108.3 107.5 107.7 107.7 107.7 106.8 106.6 105.6 Durable | | 34.37 | 111.3 111.1 110.3 110.7 110.6 110.5 109.5 109.2 107.3 | | | Measures excluding motor vehicles and parts | | | Total industry | | 94.88 | 112.8 113.3 112.9 113.4 113.5 113.8 113.0 113.5 113.1 Manufacturing<1> | | 73.58 | 114.8 115.4 115.0 115.3 115.3 115.5 114.7 115.0 114.6 Durable | | 33.56 | 126.8 127.3 127.4 128.0 128.0 128.3 127.7 128.5 127.9 | | | Measures excluding selected high-technology | | | industries and motor vehicles and parts | | | Total industry | | 90.58 | 107.9 108.3 107.8 108.1 108.2 108.5 107.6 107.9 107.5 Manufacturing<1> | | 69.27 | 108.7 109.2 108.6 108.7 108.7 108.8 107.9 108.1 107.6 | | | Measures of non-energy materials | | | inputs to | | | Finished processors | | 11.68 | 126.5 126.2 127.1 128.3 127.9 127.6 127.0 127.1 125.8 Primary and semifinished processors | | 17.62 | 108.8 109.6 108.7 109.2 109.2 109.0 108.1 108.2 107.6 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- r Revised. p Preliminary. Note. See notes to table 2. <1> See note on cover page. Table 6 Diffusion Indexes of Industrial Production Percent ------------------------------------------------------------------------------------------------------- Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. ------------------------------------------------------------------------------------------------------- One Month Earlier 2006 60.9 43.3 52.6 57.4 49.0 52.9 56.1 48.4 44.6 42.0 42.3 59.0 2007 42.9 56.4 58.3 62.2 49.7 57.4 55.6 45.5 53.8 44.6 57.1 52.6 2008 46.2 44.4 55.8 Three Months Earlier 2006 58.3 50.6 56.4 51.9 55.1 51.3 52.6 52.6 49.4 41.7 37.5 45.2 2007 46.2 52.9 51.0 62.5 59.6 61.9 59.6 56.7 55.8 43.6 52.9 52.6 2008 49.7 42.3 46.5 Six Months Earlier 2006 56.4 54.2 58.0 57.7 52.9 52.2 49.0 53.8 49.0 44.2 44.9 47.1 2007 38.8 43.6 45.5 57.4 58.7 56.4 65.4 57.7 61.2 51.6 53.5 55.1 2008 47.4 43.3 46.8 ------------------------------------------------------------------------------------------------------- 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. Table 7 Capacity Utilization Percent of capacity, seasonally adjusted -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 1972- 1994- 2001-| | | | 2007 | 2007 95 02| 2007 2008 | 2007 2008 Item | NAICS | proportion| ave. high low| Q3 Q4[r] Q1[r] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | | 100.00 | 81.0 85.1 73.6 | 81.3 81.0 80.6 | 81.1 81.0 81.0 80.3 80.4 79.7 | | | | | Manufacturing<1> | | 80.83 | 79.7 84.6 71.5 | 79.8 79.3 78.6 | 79.3 79.2 79.1 78.4 78.3 77.5 Manufacturing (NAICS) | 31-33 | 77.04 | 79.5 84.7 71.0 | 79.8 79.3 78.6 | 79.3 79.2 79.1 78.5 78.3 77.6 | | | | | Durable manufacturing | | 41.25 | 78.0 84.2 68.1 | 78.4 77.8 77.0 | 77.9 77.7 77.5 76.8 76.6 75.4 Wood products | 321 | 1.36 | 79.9 87.9 70.7 | 73.6 70.1 67.2 | 69.6 69.6 68.2 67.3 66.2 66.2 Nonmetallic mineral products | 327 | 2.35 | 79.4 84.0 74.9 | 79.6 78.2 76.1 | 79.1 76.7 76.6 75.2 76.5 74.6 Primary metal | 331 | 2.64 | 80.9 95.8 68.5 | 84.0 83.9 86.1 | 83.6 85.0 86.9 86.2 85.1 85.2 Fabricated metal products | 332 | 5.64 | 77.5 85.5 69.5 | 81.3 81.3 81.2 | 81.5 81.1 81.3 81.1 81.1 79.9 Machinery | 333 | 5.15 | 78.7 87.6 63.7 | 78.8 77.3 76.2 | 77.3 76.6 76.7 76.0 75.9 74.6 Computer and electronic products | 334 | 7.82 | 78.3 83.7 58.2 | 77.0 77.4 77.3 | 77.6 77.6 76.8 77.3 77.8 77.9 Electrical equip., appliances, | | | | | and components | 335 | 1.87 | 83.2 93.1 72.0 | 84.3 83.4 83.3 | 83.4 84.0 83.8 82.5 83.6 82.8 Motor vehicles and parts | 3361-3 | 5.82 | 77.4 89.0 69.7 | 74.6 72.4 69.8 | 72.6 72.7 71.4 70.6 67.5 62.0 Aerospace and miscellaneous | | | | | transportation equipment | 3364-9 | 3.69 | 72.7 68.8 62.8 | 79.3 80.4 80.3 | 80.9 80.4 81.0 79.8 80.0 80.1 Furniture and related products | 337 | 1.53 | 78.6 83.2 68.2 | 78.0 76.6 73.6 | 76.9 75.8 74.4 73.3 73.0 72.6 Miscellaneous | 339 | 3.38 | 76.6 81.2 70.5 | 75.6 74.7 74.4 | 74.4 74.9 75.1 73.4 74.7 74.3 | | | | | Nondurable manufacturing | | 35.78 | 81.6 85.4 74.8 | 81.4 81.0 80.5 | 80.9 81.0 81.0 80.3 80.2 80.1 Food, beverage, and tobacco products | 311,2 | 10.68 | 81.5 84.0 75.7 | 82.1 81.1 80.8 | 81.0 80.9 80.8 80.1 81.3 81.2 Textile and product mills | 313,4 | 1.08 | 82.0 91.8 68.9 | 69.9 68.9 67.4 | 68.6 69.2 67.5 67.5 67.3 66.3 Apparel and leather | 315,6 | .66 | 78.4 87.5 60.2 | 72.8 73.0 73.2 | 72.4 74.3 73.7 73.4 72.6 72.9 Paper | 322 | 2.50 | 87.6 92.4 78.5 | 82.5 82.6 81.9 | 82.4 84.1 83.0 81.0 81.5 81.2 Printing and support | 323 | 2.00 | 83.5 86.5 72.6 | 76.6 76.4 75.4 | 76.7 76.3 75.7 74.7 75.6 74.6 Petroleum and coal products | 324 | 4.21 | 85.9 90.5 83.8 | 88.7 88.9 90.3 | 88.7 88.8 91.4 90.6 88.7 89.4 Chemical | 325 | 11.69 | 78.3 81.2 69.4 | 79.3 78.9 78.3 | 78.9 78.8 78.7 78.2 77.9 77.8 Plastics and rubber products | 326 | 2.98 | 83.6 91.8 74.6 | 84.6 84.6 82.2 | 85.0 84.1 82.9 82.8 80.9 80.1 | | | | | Other manufacturing (non-NAICS) | 1133,5111 | 3.79 | 84.5 83.0 80.3 | 80.2 79.2 78.1 | 79.0 79.1 78.6 77.8 77.9 76.5 | | | | | Mining | 21 | 9.90 | 87.5 88.7 84.8 | 89.0 90.2 90.8 | 90.6 91.2 90.4 90.6 91.4 90.6 Utilities | 2211,2 | 9.27 | 86.8 93.9 84.6 | 85.9 85.9 86.2 | 86.3 85.5 87.5 85.3 85.8 85.9 | | | | | Selected high-technology industries | | 4.93 | 78.1 85.6 55.9 | 79.5 79.9 79.2 | 79.9 79.9 78.7 79.1 79.8 79.5 Computers and peripheral equipment | 3341 | 1.13 | 77.9 86.3 66.8 | 78.0 78.3 78.8 | 78.5 78.4 78.8 78.8 78.7 78.3 Communications equipment | 3342 | 1.45 | 75.7 82.8 40.4 | 77.7 80.1 81.4 | 79.8 81.2 80.5 81.3 82.4 83.4 Semiconductors and related | | | | | electronic components | 334412-9 | 2.35 | 80.8 92.2 57.4 | 81.2 80.5 78.2 | 80.5 79.9 77.6 78.0 78.9 77.9 | | | | | Measures excluding selected high-technology | | | | | industries | | | | | Total industry | | 95.07 | 81.2 85.0 74.8 | 81.4 81.0 80.7 | 81.1 81.1 81.2 80.4 80.4 79.7 Manufacturing<1> | | 75.90 | 79.8 84.5 72.8 | 79.8 79.2 78.6 | 79.3 79.2 79.1 78.4 78.2 77.4 | | | | | Stage-of-process groups | | | | | Crude | | 13.93 | 86.6 89.5 81.9 | 88.3 89.3 89.5 | 89.7 90.3 89.4 89.2 90.0 89.2 Primary and semifinished | | 47.15 | 82.2 88.2 74.6 | 81.9 81.3 80.7 | 81.5 81.0 81.4 80.4 80.1 79.6 Finished | | 38.92 | 77.7 80.4 69.9 | 78.0 77.6 77.2 | 77.5 77.6 77.5 76.9 77.1 76.2 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> See note on cover page Note. See notes to table 2. Table 8 Industrial Capacity Percent change ----------------------------------------------------------------------------------------------------------------------------------------------------- | Average annual rate | Fourth quarter to fourth quarter | Annual rate | Monthly rate |----------------------------|------------------------------------|----------------------------|-------------- | 1972- 1980- 1989- 1995-| | 2007 2008 | 2008 Item | 79 88 94 2008 | 2005 2006 2007 2008 | Q3 Q4 Q1 Q2 | Apr. ----------------------------------------------------------------------------------------------------------------------------------------------------- Total industry | 3.0 2.0 2.2 3.0 | .8 1.3 1.8 1.5 | 2.0 1.9 1.8 1.6 | .1 | | | | Manufacturing<1> | 3.2 2.2 2.5 3.4 | 1.4 1.4 2.0 1.7 | 2.1 2.2 2.0 1.8 | .1 | | | | Mining | .8 .0 -.8 -.4 | -1.1 1.4 1.7 .7 | 1.7 1.3 .9 .7 | .1 Utilities | 4.2 2.3 1.5 2.2 | .7 .8 1.2 2.2 | 1.5 2.1 2.3 2.4 | .2 | | | | | | | | Selected high-technology industries | 19.7 17.4 15.6 24.7 | 13.1 10.3 21.4 17.6 | 23.6 23.0 20.8 18.0 | 1.4 Manufacturing<1> ex. selected | | | | high-technology industries | 2.6 1.3 1.6 1.5 | .7 .8 .8 .8 | .8 .9 .9 .8 | .1 | | | | Stage-of-process groups | | | | Crude | 1.7 .3 -.4 .0 | -.8 .9 1.4 .5 | 1.4 1.0 .7 .5 | .0 Primary and semifinished | 3.0 1.4 2.4 3.5 | .8 1.2 2.1 1.9 | 2.4 2.4 2.3 2.0 | .2 Finished | 3.8 3.4 2.6 3.2 | 2.3 1.8 1.7 1.8 | 1.8 1.9 1.9 1.8 | .2 ----------------------------------------------------------------------------------------------------------------------------------------------------- <1> Refer to note on cover page. Table 9 Gross Value of Final Products and Nonindustrial Supplies Billions of 2000 dollars at annual rate, seasonally adjusted ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | 2007 2008 | 2007 2008 Item | 2000 | 2007 | Q3 Q4[r] Q1[r] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | Final products and nonindustrial | | | | supplies | 2,813.4 | 3,034.7 | 3,053.1 3,039.6 3,040.0 | 3,041.3 3,044.6 3,063.1 3,033.7 3,023.4 2,994.2 | | | | Final products | 2,114.3 | 2,311.5 | 2,328.7 2,316.9 2,321.3 | 2,318.1 2,321.7 2,337.8 2,319.1 2,307.0 2,282.4 | | | | Consumer goods | 1,476.4 | 1,606.2 | 1,617.6 1,605.6 1,606.0 | 1,606.9 1,606.2 1,621.4 1,606.0 1,590.7 1,574.6 Durable | 471.7 | 495.0 | 503.2 492.5 477.2 | 493.3 494.0 485.6 479.4 466.7 441.0 Automotive products | 278.6 | 299.3 | 306.3 299.2 288.8 | 299.5 301.9 295.7 291.6 279.1 254.5 Other durable goods | 193.0 | 195.7 | 196.9 193.4 188.5 | 193.8 192.2 190.0 187.8 187.6 186.4 Nondurable | 1,004.8 | 1,105.3 | 1,109.5 1,106.4 1,117.8 | 1,107.1 1,105.9 1,125.8 1,116.2 1,111.3 1,114.7 | | | | Equipment, total | 637.9 | 715.3 | 721.3 722.7 727.6 | 722.4 727.8 727.4 724.8 730.6 721.6 Business and defense | 621.5 | 698.3 | 704.5 706.7 711.3 | 706.3 711.2 711.3 708.6 714.1 704.5 Business | 561.2 | 622.4 | 627.9 629.0 633.7 | 627.9 633.3 632.7 631.5 636.8 625.0 Defense and space | 60.3 | 77.1 | 77.8 78.7 78.8 | 79.2 79.0 79.5 78.3 78.6 79.9 | | | | Nonindustrial supplies | 699.1 | 724.6 | 726.0 724.1 720.5 | 724.7 724.4 726.9 716.5 718.0 713.3 Construction supplies | 196.8 | 200.3 | 201.9 198.1 195.3 | 197.2 198.4 197.9 194.7 193.3 190.5 Business supplies | 502.3 | 524.3 | 524.1 526.0 525.1 | 527.5 526.1 529.0 521.7 524.6 522.7 Commercial energy products | 135.7 | 155.1 | 154.2 155.6 157.0 | 156.9 154.8 159.1 155.6 156.1 156.4 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups Percent change, seasonally adjusted ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Fourth quarter to | | | | | fourth quarter | Annual rate | Monthly rate | | |------------------------------|------------------------------|------------------------------------------------------------| Apr. '07 | 2007 | | 2007 2008 | 2007 2008 | to Item | gross value<1>| 2005 2006 2007 | Q3 Q4[r] Q1[r] | Nov.[r] Dec.[r] Jan.[r] Feb.[r] Mar.[r] Apr.[p] | Apr. '08 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | Finished | 1996.7 | 5.3 2.3 1.4 | 4.7 -1.9 -1.4 | .1 .4 -.3 -.5 .1 -1.6 | -1.3 Semifinished | 1719.4 | 4.8 -1.6 2.4 | 3.6 -1.0 -4.0 | -.3 -.6 .3 -1.3 .0 -.9 | -1.4 Primary | 985.6 | -.7 -.6 2.0 | 3.4 -.4 3.5 | .5 .3 1.5 -1.1 -.7 .2 | .9 Crude | 426.2 | -7.9 7.6 2.3 | 1.5 4.9 .7 | 1.9 .5 -.9 -.2 .7 -.8 | 1.4 | | | | | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [r] Revised. [p] Preliminary. <1> Billions of 2000 dollars. Table 11 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.7 -.6 .1 .1 -.3 .6 -.2 .2 .5 .5 .9 | 2.3 -2.4 1.7 4.6 | 1.0 1987 | -.3 1.3 .2 .6 .7 .5 .6 .7 .3 1.5 .5 .5 | 5.4 7.2 7.3 10.2 | 5.2 1988 | .0 .4 .3 .6 -.1 .2 .2 .5 -.3 .6 .2 .4 | 3.5 3.5 2.1 3.2 | 5.2 1989 | .2 -.5 .2 .0 -.7 .0 -.9 .9 -.3 -.1 .3 .7 | 1.5 -1.8 -2.5 1.8 | .9 | | | 1990 | -.5 .9 .5 -.1 .2 .3 -.1 .2 .2 -.7 -1.2 -.7 | 3.2 2.8 1.4 -6.0 | 1.0 1991 | -.5 -.7 -.5 .2 1.0 1.0 .0 .1 .8 -.2 -.2 -.3 | -7.5 2.6 5.5 .7 | -1.6 1992 | -.6 .7 .8 .7 .4 .0 .8 -.5 .2 .7 .4 .0 | -.3 7.3 2.9 3.9 | 2.8 1993 | .5 .3 .0 .3 -.4 .2 .3 .0 .4 .7 .4 .5 | 3.5 1.2 2.1 6.0 | 3.3 1994 | .4 .0 1.1 .5 .6 .7 .2 .5 .2 .8 .7 1.1 | 5.2 7.4 5.2 8.2 | 5.3 | | | 1995 | .3 .0 .1 -.1 .2 .3 -.4 1.3 .4 -.2 .3 .5 | 5.3 .9 3.8 3.3 | 4.8 1996 | -.6 1.7 -.2 .7 .6 .9 -.1 .6 .5 .0 .9 .7 | 3.5 7.7 5.1 5.6 | 4.4 1997 | .1 1.2 .8 .0 .6 .5 .6 1.4 .9 .7 .9 .4 | 8.0 6.3 9.7 10.7 | 7.3 1998 | .4 .0 .0 .5 .6 -.5 -.4 2.1 -.3 .7 -.1 .3 | 4.1 3.1 2.9 5.2 | 5.9 1999 | .5 .4 .2 .2 .7 -.2 .6 .5 -.4 1.3 .6 .8 | 4.3 3.8 4.0 8.0 | 4.3 | | | 2000 | .1 .4 .4 .6 .2 .1 -.2 -.2 .4 -.4 .0 -.3 | 4.9 5.0 -.3 -1.3 | 4.2 2001 | -.7 -.6 -.3 -.3 -.7 -.6 -.5 -.4 -.4 -.6 -.5 .0 | -5.5 -5.2 -5.9 -5.2 | -3.4 2002 | .5 .1 .7 .4 .5 1.0 -.3 .1 .0 -.3 .4 -.5 | 2.3 6.3 2.3 -.5 | -.1 2003 | .6 .4 -.2 -.8 .0 .2 .4 -.1 .5 .1 .8 -.1 | 2.7 -2.9 2.8 3.7 | 1.2 2004 | .3 .5 -.5 .5 .7 -.8 .7 .3 -.1 1.0 .3 .6 | 2.6 2.0 2.0 5.8 | 2.5 | | | 2005 | .5 .6 .0 -.1 .3 .4 .0 .2 -1.8 1.2 1.1 .5 | 5.4 1.9 -.4 3.7 | 3.3 2006 | .1 -.1 .2 .4 -.1 .5 .3 .1 -.4 -.1 -.2 .6 | 3.2 2.6 1.9 -.9 | 2.2 2007 | -.4 .7 -.1 .5 .0 .3 .6 .0 .3 -.4 .4 .1 | 1.5 3.2 3.6 .4 | 1.7 2008 | .1 -.7 .2 -.7 | -.2 | | | | IP | | | (2002=100) | | | 2006 | 108.8 108.7 109.0 109.4 109.3 109.9 110.1 110.2 109.8 109.7 109.5 110.2 | 108.9 109.5 110.1 109.8 | 109.6 2007 | 109.8 110.5 110.4 111.0 111.0 111.4 112.0 112.0 112.3 111.8 112.3 112.4 | 110.2 111.1 112.1 112.2 | 111.4 2008 | 112.6 111.8 112.0 111.2 | 112.1 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 134.6 134.7 134.9 135.0 135.2 135.3 135.4 135.6 135.7 135.9 136.0 136.2 | 134.7 135.2 135.6 136.1 | 135.4 2007 | 136.4 136.6 136.8 137.0 137.2 137.4 137.6 137.9 138.1 138.3 138.5 138.7 | 136.6 137.2 137.9 138.5 | 137.5 2008 | 139.0 139.1 139.3 139.5 | 139.1 | | | | Utilization | | | (percent) | | | 1986 | 79.7 79.0 78.4 78.4 78.4 78.1 78.5 78.3 78.3 78.6 78.8 79.4 | 79.0 78.3 78.4 78.9 | 78.7 1987 | 79.0 79.9 79.9 80.2 80.6 80.8 81.2 81.6 81.7 82.8 83.1 83.4 | 79.6 80.5 81.5 83.1 | 81.2 1988 | 83.3 83.5 83.7 84.1 83.9 84.1 84.2 84.5 84.2 84.6 84.6 84.9 | 83.5 84.0 84.3 84.7 | 84.1 1989 | 85.0 84.5 84.6 84.4 83.7 83.6 82.6 83.2 82.8 82.6 82.6 83.1 | 84.7 83.9 82.9 82.8 | 83.6 | | | 1990 | 82.5 83.0 83.2 82.9 82.9 83.0 82.7 82.8 82.8 82.1 80.9 80.3 | 82.9 83.0 82.8 81.1 | 82.4 1991 | 79.8 79.1 78.6 78.6 79.3 80.0 79.9 79.9 80.5 80.2 80.0 79.6 | 79.2 79.3 80.1 79.9 | 79.6 1992 | 79.0 79.5 80.0 80.4 80.5 80.4 80.9 80.3 80.4 80.8 80.9 80.8 | 79.5 80.5 80.5 80.9 | 80.3 1993 | 81.1 81.2 81.1 81.3 80.9 81.1 81.2 81.1 81.4 81.8 82.0 82.3 | 81.2 81.1 81.2 82.1 | 81.4 1994 | 82.5 82.3 83.0 83.2 83.4 83.7 83.7 83.8 83.7 84.2 84.4 85.1 | 82.6 83.4 83.7 84.5 | 83.6 | | | 1995 | 85.0 84.7 84.5 84.1 84.0 83.9 83.3 84.1 84.1 83.6 83.5 83.5 | 84.7 84.0 83.8 83.5 | 84.0 1996 | 82.6 83.6 83.1 83.3 83.4 83.7 83.2 83.4 83.4 83.0 83.4 83.5 | 83.1 83.5 83.3 83.3 | 83.3 1997 | 83.2 83.8 84.0 83.6 83.7 83.6 83.6 84.2 84.5 84.6 84.8 84.6 | 83.7 83.6 84.1 84.7 | 84.0 1998 | 84.4 83.9 83.4 83.3 83.3 82.4 81.6 82.9 82.3 82.5 82.0 82.0 | 83.9 83.0 82.3 82.2 | 82.8 1999 | 82.0 82.0 81.8 81.7 82.0 81.6 81.8 81.9 81.3 82.0 82.2 82.6 | 82.0 81.8 81.6 82.3 | 81.9 | | | 2000 | 82.4 82.4 82.4 82.6 82.5 82.4 81.9 81.5 81.6 81.0 80.7 80.2 | 82.4 82.5 81.6 80.6 | 81.8 2001 | 79.4 78.7 78.2 77.8 77.1 76.4 75.9 75.4 74.9 74.3 73.8 73.6 | 78.8 77.1 75.4 73.9 | 76.3 2002 | 73.8 73.8 74.2 74.4 74.7 75.4 75.1 75.2 75.2 75.0 75.4 75.1 | 73.9 74.8 75.2 75.2 | 74.8 2003 | 75.6 75.9 75.9 75.3 75.4 75.6 75.9 75.9 76.3 76.4 77.0 77.0 | 75.8 75.4 76.1 76.8 | 76.0 2004 | 77.2 77.6 77.1 77.5 78.0 77.4 77.9 78.1 78.0 78.7 79.0 79.4 | 77.3 77.6 78.0 79.1 | 78.0 | | | 2005 | 79.8 80.2 80.1 80.0 80.2 80.5 80.4 80.5 79.0 79.8 80.6 80.9 | 80.0 80.3 80.0 80.4 | 80.2 2006 | 80.9 80.7 80.8 81.1 80.9 81.2 81.3 81.3 80.9 80.8 80.5 80.9 | 80.8 81.0 81.2 80.7 | 80.9 2007 | 80.5 80.9 80.7 81.0 80.9 81.0 81.4 81.2 81.3 80.8 81.1 81.0 | 80.7 81.0 81.3 81.0 | 81.0 2008 | 81.0 80.3 80.4 79.7 | 80.6 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 12 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.1 -.6 -.3 .4 .1 -.3 .6 .2 .2 .4 .5 .9 | 4.4 -.1 2.6 5.0 | 2.2 1987 | -.3 1.4 .1 .5 .8 .4 .7 .5 .6 1.6 .6 .6 | 6.0 6.9 7.1 11.7 | 5.7 1988 | -.2 .2 .3 .9 -.1 .1 .1 .1 .3 .6 .3 .4 | 2.5 4.5 1.4 4.9 | 5.4 1989 | .7 -1.0 -.1 .1 -.8 .1 -1.1 .9 -.2 -.2 .2 .2 | 1.7 -3.2 -3.0 .6 | .8 | | | 1990 | -.1 1.4 .4 -.3 .1 .2 -.2 .3 .0 -.8 -1.1 -.7 | 4.7 2.6 .7 -6.6 | .8 1991 | -.8 -.6 -.7 .3 .7 1.1 .2 .3 1.0 -.2 -.3 -.1 | -8.8 2.1 7.1 1.4 | -2.0 1992 | -.6 .9 1.0 .6 .6 .3 .8 -.5 .1 .6 .4 -.2 | .7 8.3 3.9 2.7 | 3.6 1993 | 1.0 .2 -.1 .6 -.1 -.1 .3 -.1 .6 .8 .4 .5 | 4.3 1.8 1.3 6.7 | 3.5 1994 | .2 .1 1.3 .8 .7 .3 .5 .7 .3 1.0 .8 1.2 | 5.0 9.4 6.1 9.9 | 5.9 | | | 1995 | .3 -.1 .2 -.2 .0 .4 -.6 1.2 .8 -.2 .1 .5 | 5.6 .3 3.1 4.1 | 5.2 1996 | -.7 1.7 -.3 1.0 .6 1.1 .3 .6 .6 -.1 .8 .9 | 2.8 8.7 7.5 5.9 | 4.8 1997 | .1 1.4 1.2 -.2 .9 .7 .5 1.7 .9 .7 1.1 .5 | 9.6 7.5 10.9 11.6 | 8.5 1998 | .7 .0 -.2 .7 .5 -.7 -.5 2.5 -.3 .9 .2 .5 | 5.7 2.6 3.1 7.5 | 6.7 1999 | .3 .7 -.1 .4 .9 -.3 .5 .7 -.4 1.6 .8 .7 | 4.8 4.2 3.7 9.6 | 5.0 | | | 2000 | .2 .3 .7 .6 -.1 .2 .0 -.5 .4 -.4 -.3 -.6 | 5.4 4.8 -.4 -2.9 | 4.5 2001 | -.6 -.6 -.3 -.2 -.7 -.7 -.4 -.7 -.4 -.7 -.3 .2 | -6.3 -5.4 -6.4 -5.1 | -4.1 2002 | .4 .1 .7 .1 .7 1.1 -.4 .3 .0 -.5 .4 -.5 | 2.8 5.7 3.1 -1.1 | -.1 2003 | .5 .2 .3 -1.0 .1 .6 .2 -.3 .7 .1 1.0 -.2 | 2.0 -1.9 2.6 4.1 | 1.3 2004 | .0 .6 -.1 .5 .7 -.7 .8 .7 -.2 1.0 .1 .5 | 2.1 3.3 3.9 5.4 | 2.9 | | | 2005 | .7 .7 -.3 .0 .6 .2 .0 .3 -1.0 1.5 .8 -.1 | 5.8 2.2 1.0 6.0 | 4.0 2006 | .7 -.4 .0 .5 -.3 .4 .1 .3 -.2 -.5 -.1 1.0 | 2.7 1.4 1.6 -1.1 | 2.4 2007 | -.6 .1 .7 .4 .2 .5 .8 -.4 .4 -.4 .2 .1 | 1.1 4.7 4.0 -.6 | 1.7 2008 | .0 -.7 .0 -.8 | -1.4 | | | | IP | | | (2002 = 100) | | | 2006 | 110.9 110.5 110.5 111.1 110.8 111.2 111.3 111.7 111.5 110.9 110.8 111.8 | 110.6 111.0 111.5 111.2 | 111.1 2007 | 111.1 111.3 112.0 112.4 112.6 113.2 114.1 113.6 114.0 113.5 113.8 113.8 | 111.5 112.8 113.9 113.7 | 112.9 2008 | 113.8 113.0 113.0 112.1 | 113.3 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 139.1 139.3 139.4 139.6 139.7 139.9 140.0 140.2 140.3 140.5 140.7 140.8 | 139.3 139.7 140.2 140.7 | 140.0 2007 | 141.0 141.2 141.4 141.7 141.9 142.1 142.4 142.7 142.9 143.2 143.4 143.7 | 141.2 141.9 142.7 143.4 | 142.3 2008 | 143.9 144.1 144.4 144.6 | 144.1 | | | | Utilization | | | (percent) | | | 1986 | 78.8 78.2 77.9 78.2 78.2 77.9 78.2 78.3 78.4 78.5 78.8 79.3 | 78.3 78.1 78.3 78.9 | 78.4 1987 | 78.9 79.9 79.7 80.0 80.4 80.5 80.8 81.1 81.4 82.5 82.9 83.3 | 79.5 80.3 81.1 82.9 | 80.9 1988 | 83.0 83.1 83.3 83.9 83.8 83.8 83.9 83.9 84.1 84.5 84.7 84.9 | 83.1 83.8 84.0 84.7 | 83.9 1989 | 85.4 84.5 84.2 84.1 83.2 83.2 82.1 82.6 82.2 81.9 81.9 81.8 | 84.7 83.5 82.3 81.9 | 83.1 | | | 1990 | 81.6 82.5 82.6 82.3 82.2 82.2 81.9 81.9 81.8 81.0 79.9 79.2 | 82.2 82.2 81.9 80.0 | 81.6 1991 | 78.4 77.8 77.1 77.3 77.7 78.5 78.5 78.6 79.3 79.1 78.7 78.6 | 77.8 77.8 78.8 78.8 | 78.3 1992 | 78.0 78.5 79.1 79.4 79.7 79.8 80.2 79.7 79.5 79.8 79.9 79.6 | 78.5 79.6 79.8 79.8 | 79.4 1993 | 80.3 80.3 80.0 80.4 80.2 80.0 80.1 79.9 80.3 80.8 81.0 81.2 | 80.2 80.2 80.1 81.0 | 80.4 1994 | 81.2 81.1 82.0 82.4 82.7 82.7 82.8 83.1 83.1 83.6 83.9 84.6 | 81.4 82.6 83.0 84.0 | 82.8 | | | 1995 | 84.5 84.1 83.9 83.5 83.2 83.1 82.3 82.9 83.2 82.7 82.4 82.4 | 84.2 83.3 82.8 82.5 | 83.2 1996 | 81.4 82.3 81.6 82.0 82.0 82.5 82.3 82.3 82.4 81.9 82.2 82.4 | 81.8 82.2 82.3 82.2 | 82.1 1997 | 82.0 82.7 83.2 82.5 82.7 82.8 82.6 83.4 83.6 83.5 83.9 83.7 | 82.7 82.7 83.2 83.7 | 83.1 1998 | 83.7 83.1 82.4 82.3 82.2 81.1 80.2 81.7 81.0 81.3 81.0 81.1 | 83.1 81.9 81.0 81.1 | 81.8 1999 | 80.9 81.1 80.7 80.6 81.0 80.4 80.4 80.6 80.0 80.9 81.1 81.3 | 80.9 80.7 80.3 81.1 | 80.7 | | | 2000 | 81.1 81.0 81.2 81.3 80.9 80.8 80.4 79.7 79.7 79.1 78.5 77.8 | 81.1 81.0 79.9 78.5 | 80.1 2001 | 77.0 76.4 75.9 75.5 74.7 74.0 73.6 72.9 72.5 71.9 71.5 71.6 | 76.4 74.7 73.0 71.7 | 73.9 2002 | 71.8 71.8 72.2 72.2 72.7 73.5 73.1 73.4 73.4 73.1 73.4 73.0 | 71.9 72.8 73.3 73.2 | 72.8 2003 | 73.4 73.6 73.8 73.2 73.3 73.8 73.9 73.8 74.3 74.4 75.1 75.0 | 73.6 73.4 74.0 74.8 | 74.0 2004 | 75.0 75.5 75.4 75.8 76.3 75.7 76.3 76.8 76.6 77.3 77.4 77.7 | 75.3 75.9 76.6 77.5 | 76.3 | | | 2005 | 78.1 78.6 78.3 78.3 78.6 78.7 78.6 78.7 77.8 78.9 79.4 79.3 | 78.4 78.5 78.4 79.2 | 78.6 2006 | 79.7 79.3 79.2 79.6 79.3 79.5 79.5 79.7 79.4 78.9 78.7 79.4 | 79.4 79.4 79.5 79.0 | 79.4 2007 | 78.8 78.8 79.2 79.4 79.4 79.6 80.1 79.6 79.8 79.2 79.3 79.2 | 78.9 79.5 79.8 79.3 | 79.4 2008 | 79.1 78.4 78.3 77.5 | 78.6 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> See note on cover page. <2> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Table 13 Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <1> | | | 1986 | .5 -.8 -.7 .1 .1 -.2 .4 -.3 .1 .4 .4 .8 | 2.3 -2.6 .6 4.0 | .9 1987 | -.5 1.2 .2 .5 .6 .4 .5 .6 .2 1.4 .5 .4 | 4.4 6.4 6.0 9.2 | 4.3 1988 | .0 .4 .2 .5 -.2 .2 .1 .5 -.4 .5 .2 .4 | 3.0 2.8 1.4 2.9 | 4.4 1989 | .3 -.5 .3 -.1 -.7 .0 -1.1 .9 -.3 -.2 .2 .7 | 1.8 -2.0 -3.3 1.0 | .6 | | | 1990 | -.7 .9 .4 -.2 .1 .2 -.2 .2 .1 -.8 -1.3 -.7 | 2.4 2.2 1.0 -6.6 | .3 1991 | -.5 -.8 -.6 .2 .9 1.0 .0 .1 .9 -.2 -.2 -.5 | -8.0 2.1 5.4 .3 | -2.0 1992 | -.8 .7 .8 .6 .3 -.1 .8 -.6 .1 .6 .3 .0 | -1.8 6.2 1.7 2.8 | 1.9 1993 | .5 .3 -.1 .3 -.4 .2 .3 -.1 .3 .6 .3 .5 | 3.0 .5 1.5 5.1 | 2.5 1994 | .4 -.1 .9 .3 .4 .6 .1 .3 .0 .6 .4 .9 | 4.3 5.5 3.3 5.5 | 4.0 | | | 1995 | .2 -.2 -.2 -.3 .1 .1 -.5 1.1 .1 -.5 .1 .2 | 3.1 -1.4 1.4 .3 | 2.5 1996 | -1.0 1.4 -.4 .7 .5 .7 -.5 .4 .4 -.3 .8 .5 | -.2 6.1 2.2 3.3 | 1.7 1997 | -.1 .9 .5 -.4 .3 .2 .3 1.0 .7 .7 .7 .2 | 5.0 2.2 6.0 8.2 | 4.2 1998 | .2 -.1 -.1 .3 .5 -.9 -.8 2.0 -.6 .5 -.3 .0 | 1.6 1.0 -.4 2.1 | 3.1 1999 | .2 .1 -.1 -.1 .6 -.5 .3 .4 -.5 1.2 .3 .6 | .8 .4 1.0 5.6 | 1.2 | | | 2000 | -.3 .0 .1 .4 -.1 .0 -.5 -.4 .4 -.5 -.2 -.5 | .7 1.7 -2.8 -2.8 | 1.1 2001 | -.7 -.5 -.3 -.1 -.6 -.5 -.3 -.3 -.5 -.6 -.5 -.1 | -6.2 -4.3 -4.6 -5.3 | -4.0 2002 | .7 .0 .7 .3 .4 .9 -.3 .0 .0 -.3 .3 -.6 | 2.7 5.8 1.6 -1.1 | .0 2003 | .6 .2 -.3 -1.0 -.1 .1 .3 -.1 .5 .0 .7 -.1 | 1.3 -4.4 1.6 3.0 | .2 2004 | .2 .5 -.6 .6 .7 -.9 .7 .2 -.2 1.0 .3 .6 | 1.7 2.1 1.8 5.4 | 1.8 | | | 2005 | .4 .5 -.1 -.1 .3 .4 -.2 .0 -2.1 1.1 1.0 .5 | 4.8 1.3 -1.8 2.2 | 2.7 2006 | .0 -.2 .2 .3 -.2 .4 .2 .0 -.5 -.1 -.2 .6 | 2.6 1.7 1.1 -1.7 | 1.3 2007 | -.4 .7 -.2 .4 -.1 .2 .4 -.1 .2 -.6 .4 .1 | 1.4 2.2 2.2 -.9 | .9 2008 | .1 -.9 .1 -.8 | -.9 | | | | IP | | | (2002 = 100) | | | 2006 | 105.8 105.6 105.8 106.2 106.0 106.4 106.6 106.6 106.1 106.0 105.7 106.3 | 105.7 106.2 106.5 106.0 | 106.1 2007 | 106.0 106.7 106.5 106.9 106.9 107.1 107.5 107.4 107.6 107.0 107.4 107.5 | 106.4 107.0 107.5 107.3 | 107.0 2008 | 107.7 106.7 106.8 106.0 | 107.1 | | | | Capacity | | | (percent of | | | 2002 output) | | | 2006 | 130.3 130.4 130.5 130.6 130.7 130.8 130.9 131.0 131.1 131.2 131.3 131.4 | 130.4 130.7 131.0 131.3 | 130.9 2007 | 131.5 131.5 131.6 131.7 131.8 131.9 132.0 132.1 132.2 132.3 132.4 132.5 | 131.5 131.8 132.1 132.4 | 132.0 2008 | 132.7 132.8 132.8 132.9 | 132.7 | | | | Utilization | | | (percent) | | | 1986 | 80.2 79.4 78.8 78.8 78.8 78.6 78.8 78.5 78.6 78.8 79.1 79.6 | 79.5 78.7 78.6 79.2 | 79.0 1987 | 79.2 80.1 80.1 80.4 80.8 81.1 81.4 81.8 81.9 83.0 83.3 83.6 | 79.8 80.8 81.7 83.3 | 81.4 1988 | 83.6 83.9 84.0 84.4 84.2 84.3 84.4 84.7 84.4 84.7 84.9 85.2 | 83.8 84.3 84.5 84.9 | 84.4 1989 | 85.3 84.8 85.0 84.8 84.1 84.0 83.0 83.6 83.2 82.9 82.9 83.4 | 85.1 84.3 83.2 83.1 | 83.9 | | | 1990 | 82.7 83.3 83.5 83.2 83.2 83.3 83.0 83.1 83.1 82.4 81.2 80.5 | 83.2 83.2 83.1 81.4 | 82.7 1991 | 80.0 79.3 78.7 78.8 79.4 80.1 80.0 80.0 80.6 80.3 80.1 79.6 | 79.3 79.5 80.2 80.0 | 79.8 1992 | 78.9 79.4 79.9 80.4 80.5 80.3 80.9 80.3 80.4 80.8 81.0 80.9 | 79.4 80.4 80.5 80.9 | 80.3 1993 | 81.2 81.4 81.3 81.5 81.1 81.1 81.3 81.2 81.4 81.9 82.1 82.4 | 81.3 81.2 81.3 82.1 | 81.5 1994 | 82.6 82.5 83.1 83.3 83.5 83.9 83.8 83.9 83.8 84.2 84.4 85.0 | 82.7 83.5 83.8 84.5 | 83.7 | | | 1995 | 85.0 84.7 84.4 84.1 83.9 83.9 83.3 84.1 84.0 83.4 83.3 83.3 | 84.7 84.0 83.8 83.4 | 84.0 1996 | 82.3 83.3 82.8 83.3 83.5 83.9 83.4 83.5 83.6 83.2 83.6 83.8 | 82.8 83.6 83.5 83.6 | 83.4 1997 | 83.5 84.0 84.2 83.6 83.6 83.5 83.4 84.0 84.3 84.5 84.8 84.6 | 83.9 83.5 83.9 84.6 | 84.0 1998 | 84.5 84.1 83.7 83.7 83.9 82.9 82.0 83.4 82.6 82.8 82.3 82.2 | 84.1 83.5 82.7 82.4 | 83.2 1999 | 82.1 82.1 81.8 81.5 81.9 81.3 81.4 81.6 81.0 81.8 82.0 82.3 | 82.0 81.6 81.3 82.0 | 81.7 | | | 2000 | 81.9 81.8 81.8 82.0 81.8 81.7 81.2 80.8 81.0 80.4 80.2 79.7 | 81.8 81.8 81.0 80.1 | 81.2 2001 | 79.1 78.5 78.2 78.0 77.5 77.0 76.7 76.4 75.9 75.4 75.0 74.8 | 78.6 77.5 76.3 75.1 | 76.9 2002 | 75.3 75.2 75.7 76.0 76.3 76.9 76.7 76.7 76.8 76.6 76.9 76.5 | 75.4 76.4 76.7 76.7 | 76.3 2003 | 77.0 77.2 77.1 76.4 76.4 76.5 76.8 76.7 77.1 77.1 77.7 77.6 | 77.1 76.4 76.8 77.4 | 77.0 2004 | 77.7 78.1 77.6 78.0 78.6 77.9 78.5 78.6 78.5 79.3 79.6 80.1 | 77.8 78.2 78.6 79.7 | 78.5 | | | 2005 | 80.4 80.8 80.8 80.6 80.9 81.2 81.0 81.0 79.3 80.1 80.9 81.2 | 80.6 80.9 80.4 80.7 | 80.7 2006 | 81.2 81.0 81.1 81.3 81.0 81.3 81.4 81.4 80.9 80.8 80.5 80.9 | 81.1 81.2 81.2 80.7 | 81.1 2007 | 80.6 81.1 80.9 81.2 81.1 81.2 81.4 81.3 81.4 80.9 81.1 81.1 | 80.9 81.1 81.4 81.0 | 81.1 2008 | 81.2 80.4 80.4 79.7 | 80.7 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. Note. Selected high-technology industries are computers, communications equipment, and semiconductors and related electronic components. Table 14 Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing <1> Excluding Selected High-Technology Industries Seasonally adjusted ------------------------------------------------------------------------------------------------------------------------------------------- | | | Year | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | IP (percent | | | change) <2> | | | 1986 | 1.2 -.7 -.3 .4 .1 -.2 .2 .2 .2 .4 .4 .8 | 4.7 -.2 1.3 4.3 | 2.1 1987 | -.5 1.4 .1 .4 .7 .3 .6 .3 .5 1.5 .6 .5 | 4.7 5.9 5.5 10.5 | 4.6 1988 | -.2 .2 .2 .8 -.2 .0 .0 .1 .3 .5 .3 .4 | 1.8 3.6 .5 4.5 | 4.4 1989 | .8 -1.0 -.1 .0 -.8 .1 -1.3 .9 -.3 -.3 .1 .2 | 2.1 -3.5 -4.1 -.5 | .4 | | | 1990 | -.2 1.4 .3 -.3 .1 .2 -.2 .3 -.1 -.9 -1.2 -.8 | 3.8 1.9 .2 -7.4 | .0 1991 | -.8 -.8 -.8 .4 .6 1.1 .3 .2 1.1 -.2 -.4 -.3 | -9.6 1.5 7.1 .9 | -2.6 1992 | -.8 .9 .9 .4 .5 .1 .8 -.5 -.1 .5 .3 -.3 | -1.1 7.0 2.6 1.3 | 2.6 1993 | 1.1 .1 -.3 .5 -.2 -.2 .3 -.2 .5 .7 .3 .5 | 3.9 .9 .5 5.7 | 2.5 1994 | .1 .0 1.2 .6 .5 .2 .3 .5 .1 .7 .6 1.0 | 3.9 7.2 3.8 6.7 | 4.4 | | | 1995 | .2 -.3 -.1 -.4 -.2 .2 -.8 .9 .6 -.5 -.1 .1 | 3.1 -2.5 .2 .6 | 2.5 1996 | -