[Economic Indicators November, 2002]
[Page Number 17]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                    PRODUCTION AND BUSINESS ACTIVITY

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production and capacity utilization fell in October.
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                                                           [Monthly data seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                    Total industrial production         Industry production indexes, 1992=100              Capacity
                                                  ----------------------------------------------------------------------------------- utilization  rate,
                                                             Percent change \1\           Manufacturing                                   percent \2\
                                                            ----------------------------------------------------                     -------------------
                      Period                        Index,     From
                                                   1992=100   preced-    From                                     Mining   Utilities    Total   Manufac-
                                                                ing      year      Total    Durable  Nondurable                       industry    turing
                                                               month    earlier
--------------------------------------------------------------------------------------------------------------------------------------------------------
1992.............................................     100.0  ........       3.1     100.0     100.0      100.0      100.0     100.0       80.2      79.4
1993 ............................................     103.4  ........       3.4     103.7     105.6      101.5      100.0     104.0       81.2      80.4
1994 ............................................     109.1  ........       5.5     110.0     114.8      104.8      102.3     105.4       83.2      82.5
1995 ............................................     114.4  ........       4.8     115.8     124.4      106.5      102.0     109.1       83.3      82.6
1996 ............................................     119.6  ........       4.6     121.5     135.0      107.4      103.5     112.7       82.7      81.6
1997 ............................................     127.9  ........       6.9     131.1     149.6      112.0      105.3     112.7       83.5      82.7
1998 ............................................     134.5  ........       5.1     138.8     164.1      113.4      102.9     114.3       82.2      81.4
1999 ............................................     139.4  ........       3.7     144.7     176.3      113.7       98.2     117.3       81.4      80.6
2000 ............................................     145.7  ........       4.5     151.6     190.0      114.8      100.7     120.7       81.8      80.7
2001 ............................................     140.1  ........      -3.9     144.8     179.3      111.4      101.3     119.8       76.8      75.1
 
2001:Oct ........................................     137.7      -0.6      -5.9     142.1     173.9      110.8       99.5     119.4       75.0      73.3
      Nov........................................     137.2       -.3      -5.9     142.0     174.3      110.2       99.0     116.2       74.7      73.2
      Dec .......................................     136.7       -.4      -5.8     141.6     174.1      109.7       97.4     115.2       74.4      72.9
 
2002:Jan ........................................     137.6        .6      -4.4     142.6     175.7      110.3       97.0     115.7       74.8      73.4
      Feb........................................     138.1        .4      -3.8     142.9     176.0      110.5       96.6     120.3       75.0      73.5
      Mar .......................................     138.6        .3      -3.0     143.4     176.6      110.9       95.4     121.8       75.2      73.7
      Apr........................................     138.8        .1      -2.3     143.4     177.2      110.5       95.3     123.9       75.3      73.6
      May........................................     139.4        .5      -1.5     144.2     178.4      111.0       95.1     123.3       75.6      74.0
      June ......................................     140.3        .6        .0     145.0     179.7      111.4       96.0     124.9       76.0      74.3
      July r.....................................     141.0        .5        .4     145.6     180.3      111.9       95.9     127.8       76.3      74.6
      Aug r......................................     140.7       -.2        .5     145.5     181.3      111.1       96.3     124.6       76.1      74.5
      Sept r.....................................     140.4       -.2       1.4     144.9     180.2      110.9       95.7     127.6       75.8      74.1
      Oct p......................................     139.3       -.8       1.2     143.9     178.1      110.7       94.8     125.6       75.2      73.5
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    \1\ Percent changes based on 
unrounded indexes.
    \2\ Output as percent of 
capacity.
    Note.--Data are based on the 
Standard Industrial Classification 
(SIC) and are as released on 
November 15, 2002.
    Data based on the North American 
Industry Classification System 
(NAICS) along with annual revisions 
were released on December 5, 2002 
and will appear in next month's 
issue of Economic Indicators. For 
details on the recent revisions see 
Federal Reserve release G.17 (419) 
2002 Historical and Annual Revision.
    Source: Board of Governors of 
the Federal Reserve System.