FEDERAL RESERVE STATISTICAL RELEASE                                 
 
 G.17 (419) 2017 Historical and Annual Revision                      For release at 12:00 noon (EDT)
                                                                     March 31, 2017

 Industrial Production and Capacity Utilization: The 2017 Annual Revision


       The Federal Reserve has revised its index of industrial production (IP) and the related measures of
 capacity and capacity utilization.<1>  On net, the revisions were small, and the contour of total IP is
 little changed.  Total IP is still reported to have moved up about 22 percent from the end of the recession
 in mid-2009 through late 2014, to have declined in 2015, and to have moved sideways in 2016.  The most
 notable difference between the current and the previous estimates is that total IP is now reported to have
 decreased about 2-3/4 percent in 2015, whereas it previously showed a decline of about 1-3/4 percent.<2>  The
 incorporation of detailed data for manufacturing from the U.S. Census Bureau's 2015 Annual Survey of
 Manufactures (ASM) accounts for the majority of the differences between the current and the previously
 published estimates.

       Capacity for total industry is now reported to have expanded about 1 percent in 2015, a lower rate of
 increase than was reported earlier.  Capacity was little changed in 2016 and is expected to increase 1
 percent in 2017.  Compared with prior reports, the rates of change in 2016 and 2017 are now a little
 smaller.

       In the fourth quarter of 2016, capacity utilization for total industry stood at 75.8 percent, a rate
 0.4 percentage point higher than previously published but still 4.1 percentage points below its long-run
 (1972-2016) average.  Relative to earlier estimates, the utilization rates in recent years are now a little
 higher.

       This revision incorporated newly available annual data on output and prices.  In addition to the 2015
 ASM (which also includes revised data for 2014), the IP indexes for publishing reflect new data for 2015
 and revised data for 2014 from the Census Bureau's Service Annual Survey.  For logging, the IP indexes were
 updated with 2015 data from the U.S. Forest Service.  In addition, the indexes for metallic and nonmetallic
 minerals were updated with revised annual data for 2015 from the Department of the Interior's U.S.
 Geological Survey (USGS).  For mining, data on value added from the 2012 Census of Mineral Industries
 became available and were incorporated into the weights for the production and capacity indexes.  Data on
 prices from the Bureau of Labor Statistics (BLS) were also incorporated into most of the manufacturing
 indexes.

       The monthly estimates of production have been updated to include late-arriving or revised quarterly
 or monthly indicator data, including information from the BLS's benchmark revisions to the Current
 Employment Statistics.  The monthly IP estimates also now reflect recalculations of seasonal factors.

        The revised estimates of capacity and capacity utilization incorporated data from the Census Bureau's
 Quarterly Survey of Plant Capacity Utilization (QSPC) for the fourth quarter of 2016, along with new data
 on capacity from the USGS, the U.S. Department of Energy, and other organizations.  The revised estimates
 also included new data on capital spending from the 2014 and 2015 ASMs (the 2014 data were not available at
 the time the 2016 annual revision was published).

 RESULTS OF THE REVISION

 Industrial Production

        The revision resulted in rates of change for manufacturing in 2014 and 2015 that were each about 1/2
 percentage point lower than their previously published values, but the estimates for other recent years
 were little revised.<3>  Manufacturing output is now estimated to have advanced 1-1/2 percent in 2014 but to
 have then fallen back about 1/2 percent in 2015 and only recovered slightly in 2016.  The cumulative
 effects of these revisions leave manufacturing IP in February 2017 more than 5-1/2 percent below its
 pre-recession peak and about 1 percent below its pre-revision value.

       The index for mining is now estimated to have risen somewhat more slowly in 2012, 2013, and 2014 and
 to have declined more steeply in 2015 than was reported earlier.  Prior to this revision, mining output was
 estimated to have declined about 8-1/4 percent in 2015, but it is now reported to have fallen nearly 11
 percent.  The revisions to mining output resulted primarily from the incorporation of new data on value
 added that increased the weight accorded to oil and gas extraction and to oil and gas well drilling and
 servicing relative to the previous estimates.  For utilities, the rates of change are generally similar to
 the previously published values.

 Production by Industry Group

       The output of durable goods manufacturers is now reported to have fallen 2 percent in 2015;
 previously, it was estimated to have declined only 3/4 percent.  Within durables, the revisions in 2015
 were widespread across industries.  The largest downward revision was for the output of machinery, which is
 now estimated to have fallen 9 percent.  The output of nondurables moved up in 2014 and 2015 and was flat
 in 2016; prior to the revision, the index showed a small decline for 2016.

       The output index for industries not in the scope of manufacturing under the North American Industry
 Classification System (NAICS)--that is, logging and publishing--fell in every year from 2012 to 2016.  The
 declines in 2014 and 2015 are now estimated to be less steep than stated earlier.

 Production by Market Group

       The index for consumer goods has increased in each of the past few years, and the gains in 2014 and
 2015 are now estimated to be a little stronger than reported earlier.  In contrast, the rates of change for
 business equipment are notably lower in the period since 2014.  The current estimates for the production of
 construction supplies and business supplies are lower than previously reported for 2014 and 2015.  In
 addition, the index for materials is now estimated to have fallen more rapidly in 2015, about 4-1/4
 percent, with the declines for both energy and non-energy materials steeper than published earlier.

 Capacity

       Total industrial capacity expanded 1.7 percent in 2014 and 1.1 percent in 2015.  The increase in 2014
 was virtually the same as reported earlier, but the gain in 2015 is now estimated to have been smaller.
 Most of the increase for 2014 resulted from a rapid expansion in mining, although that expansion is now
 less rapid than reported earlier.  Capacity at mines declined in 2016 but is expected to increase in 2017.
 Manufacturing capacity was essentially flat for 2014 and 2015; it increased modestly in 2016 and is
 expected to do the same in 2017.  Capacity at utilities increased more than 2 percent in 2016, a notably
 stronger gain than reported earlier.

 Capacity Utilization

       Capacity utilization for total industry moved somewhat higher in 2014, fell back in 2015, and was
 little changed in 2016.<4>  The pullback in 2015 resulted from a large reduction in the rate for mining and
 from smaller reductions in the rates for both manufacturing and utilities.  Compared with earlier
 estimates, capacity utilization for total industry is now reported to have been modestly higher in the
 2013-16 period.

       Utilization at manufacturers rose in 2014, fell back slightly in 2015, and edged down again in 2016.
 It has remained at least 2-1/2 percentage points below its long-run average over the period from 2013
 through 2016.  The current readings for factory utilization are very similar to the previous reports.
 Within manufacturing, sizable downward revisions to the utilization rate for durables in 2015 and 2016 were
 offset by sizable upward revisions to the rate for nondurables.

       The utilization rate for durable manufacturing was above its long-run average in 2014, but it fell
 back in 2015 and slipped further in 2016.  By the fourth quarter of 2016, the utilization rate for durables
 was about 2 percentage points below its long-run average; however slightly fewer than half of the major
 categories of durables recorded operating rates below their long-run averages.

       The utilization rate for nondurable manufacturing has been below its long-run average for several
 years.  As of the fourth quarter of 2016, the operating rates for all nondurable manufacturing industry
 groups except paper were below their industry-specific long-run averages.

       Capacity utilization rates for mining declined sharply in 2015, largely because of decreased output
 in the oil and gas drilling and servicing sector.  The utilization rate for mining was above its long-run
 average in 2014 but below it in 2015 and 2016.  The operating rates for utilities have been well below
 their long-run average of 85.6 percent for the past several years; the current estimate for 2016 is 1
 percentage point lower than previously reported.

 TECHNICAL ASPECTS OF THE REVISION

       The IP indexes represent the level of real output relative to a base year.  At the monthly frequency,
 movements of the indexes are based on indicators that are derived using industry-specific data from a
 variety of government and private sources.  The monthly production indexes, however, are anchored to annual
 benchmarks that are less timely but typically based on more comprehensive data.

       Annual revisions to the IP and capacity measures involve (1) incorporating new annual benchmark data
 on output, prices, and value-added proportions; (2) incorporating new monthly or quarterly data that were
 revised or that arrived too late to be included in the regular six-month reporting window for monthly IP;
 (3) updating seasonal adjustment factors; and (4) updating the methods used to construct the indexes.

       The current revision also introduces a new published aggregate for chemicals excluding
 pharmaceuticals and medicine.  In addition, new measures of reliability for the major industry aggregates
 will be published in subsequent monthly G.17 releases.

 Annual Benchmark Data on Output, Prices, and Value-Added Proportions

 Output

       The annual benchmark output indexes for IP are measures of real gross output at the six-digit NAICS
 level.  The Census Bureau provides annual figures for value added and the cost of materials for
 manufacturing industries, which can be summed to obtain nominal gross output.  The benchmark indexes for
 this revision incorporated revised information for 2014 and new information for 2015 from the ASM.

       New annual data were also incorporated into several other indexes.  The benchmark indexes for
 metallic and nonmetallic mineral mining were updated with revised 2015 data from the USGS, and the
 benchmark indexes for logging and publishing were advanced through 2015 based on data from the U.S. Forest
 Service and the U.S. Census Bureau.

 Prices

       To obtain individual benchmarks of real gross output, the measures of nominal gross output were
 deflated by annual price deflators.  In general, the benchmark industry price deflators consist of price
 indexes from the Bureau of Economic Analysis (BEA) through 2011 that are extended through 2015 with the
 related producer prices indexes (PPIs) from the BLS.<5>  For a few selected industries, updated price indexes
 constructed by the Federal Reserve were incorporated.<6>

 Value-Added Proportions (Weights for Aggregation)

       The IP system is organized as a hierarchical structure where the finest-level production indexes are
 aggregated using a version of the Fisher-ideal index formula to construct higher-level measures of
 production.  The weights that are used to combine individual IP measures into more aggregate measures are
 based on the value added from the industry, calculated as gross output less cost of materials.  For IP
 indexes that are defined at the six-digit (or more aggregate) NAICS level, the value-added weights are
 derived from the Economic Census or ASM.  For IP indexes that cover only part of a six-digit NAICS
 industry, the aggregation weights were constructed by allocating value added for a six-digit industry
 across the various components of IP that compose that industry.  Data from the Economic Census and ASM on
 shipments of different types of products within a six-digit NAICS industry were used to determine the share
 of an industry's value added that was assigned to each component IP index.

       The Federal Reserve derives estimates of value added for the electric and gas utility industries from
 annual revenue and expense data issued by other organizations.  For electric utilities, the measures of
 value added incorporate data from the Energy Information Administration of the U.S. Department of Energy
 and from the Edison Electric Institute.  For gas utilities, the value-added estimates incorporate data from
 the American Gas Association.  The weights for aggregation for mining industries are derived from
 value-added data from the Economic Census; data for 2012 were incorporated in this revision.  Figures for
 value added for mining industries in the years between the quinquennial Economic Census are estimated based
 on both output and price changes for the industry.

       The weights for aggregation expressed as value added per unit were estimated with data on producer
 prices for the period after 2015.

 Revised Quarterly and Monthly Data

        This revision incorporated source data on production, shipments, and inventories  that became available or
 were revised after the regular six-month reporting window for monthly IP was closed.  These data were
 released with too great of a lag to be included with monthly IP estimates but were available for inclusion
 in the annual revision.  The revised IP indexes include information from the QSPC for 2016 and from other
 industry reports.

 Revised Seasonal Factors

       Seasonal factors for production-worker hours--which adjust for timing, holiday, and monthly seasonal
 patterns--were updated with data through January 2017.  The updated factors for the physical product
 series, which include adjustments for holiday and workday patterns, used data through December 2016 where
 available.

       Seasonal factors for unit motor vehicle assemblies have been updated, and projections through
 December 2016 are available on the Board's website at www.federalreserve.gov/releases/g17/mvsf.htm.  These
 factors are based on production data through January 2017 and were revised back to January 1996.  The
 seasonal factors explicitly incorporate the holiday schedule for the vehicle assembly lines specified in
 the latest collective bargaining agreements with domestic manufacturers.

 Methodological Changes to Individual Production Indexes

       There were no methodological changes to individual production indexes in this revision.

 Introduction of New Aggregate

       This revision introduces a new industry aggregate:  chemicals excluding pharmaceuticals and
 medicines.  Within the NAICS structure, the aggregate is constructed as all of NAICS 325 except for NAICS
 3254.  This aggregate will be publicly available in the G.17 supplementary tables and on the Board's
 website at www.federalreserve.gov/datadownload/Choose.aspx?rel=G17 through the Data Download Project.

 Introduction of New Reliability Estimates for Major Industry Aggregates

        With the G.17 release to be issued on April 18, 2017, the Federal Reserve will publish new estimates of
 the reliability of the reported production indexes and rates of change for total industry, manufacturing,
 mining, and utilities.  The reliability measures will be published for those months that are still subject
 to revision in a subsequent monthly release.

        The reliability estimates for any index level or rate of change report the typical  range for that figure
 after all five monthly revisions are complete.  The bottom of the range is computed as the current estimate
 plus the 15th percentile revision to the real-time estimates dating back to 2008; the top of the range is
 the current estimate plus the 85th percentile revision.  To compute the bottom of the range for the first
 (or second or any subsequent) estimate of the rate of change for IP, the history (from 2008 forward) of
 revisions between the rate of change for that estimate and the rate of change for the sixth estimate are
 sorted, and the value chosen is the one that is above only 15 percent of the observations.  This 15th
 percentile value is then added to the current estimate to determine the bottom of the range.  The top of
 the range is computed in the same way, based on a revision level that is higher than 85 percent of the
 observations.  As monthly information accrues from the first estimate to the second, from the second to the
 third, and so on, there is less scope for revisions, and the computed range consequently narrows.

        A more detailed explanation of the reliability estimates will be available with the publication of the
 monthly G.17 release on April 18, 2017, on the Board's website at
 www.federalreserve.gov/releases/g17/g17_technical_qa.htm.
 Notice
 Data Availability and Publication Changes

       Files containing the revised data and the text and tables from this release are available on the
 Board's website at www.federalreserve.gov/releases/g17, as are updated data for the annual revision and for
 all of the regularly issued series on IP, capacity, and capacity utilization.  Other changes are listed on
 the Board's website at www.federalreserve.gov/releases/g17/g17_revision_series.htm.

       A document with printed tables of the revised estimates of series shown in the G.17 release is
 available upon request to the Industrial Output Section, Mail Stop 82, Division of Research and Statistics,
 Board of Governors of the Federal Reserve System, Washington, DC 20551.

 Footnotes:
 <1> The revision affected rates of change for IP from 1972 forward.  When necessary to maintain consistency
 with any revisions to the data for 1972 and subsequent years, the levels of the production and capacity
 indexes for the years before 1972 were multiplied by a constant.  However, utilization rates and the rates
 of change in IP for the years before 1972 were not revised.
 <2> Rates of change are calculated as the percent change in the seasonally adjusted index from the fourth
 quarter of the previous year to the fourth quarter of the year specified.
 <3> Manufacturing consists of those industries in the North American Industry Classification System
 definition of manufacturing plus those industries--logging and newspaper, periodical, book, and directory
 publishing--that were in the manufacturing sector under the Standard Industrial Classification system.
 <4> Unless otherwise noted, rates of capacity utilization are reported for the fourth quarter of the
 reference year.
 <5> Overall, at the industry level, the BEA and PPI measures are quite similar, as the BEA used weighted
 product-level PPIs to derive its industry-level shipments deflator.
 <6> For selected industries, the Federal Reserve constructs price indexes from alternative sources.  These
 industries include communications equipment (NAICS 3342), computer storage devices (NAICS 334112),
 semiconductors (NAICS 334413), and pharmaceuticals (NAICS 325412).  Updated price indexes for data storage
 devices and for selected components of communications equipment and semiconductors are available on the
 Board's website at www.federalreserve.gov/releases/g17.
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 Table 1A
 Industrial Production : Total
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|Annual <1>
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 IP (percent     |                                                                                    |                            |
 change)         |                                                                                    |                            |
  1987           |   -.3    1.3     .2     .6     .6     .5     .7     .8     .3    1.4     .5     .5 |   5.3    7.3    7.7   10.1 |      5.2 
  1988           |    .0     .4     .2     .6    -.1     .3     .0     .4    -.3     .5     .2     .5 |   3.7    3.5    1.5    2.9 |      5.2 
                 |                                                                                    |                            |
  1989           |    .3    -.5     .2     .1    -.7     .0    -.9     .9    -.4    -.1     .3     .6 |   1.8   -1.5   -2.4    1.7 |       .9 
  1990           |   -.7    1.0     .5    -.1     .2     .3    -.1     .3     .1    -.8   -1.2    -.7 |   2.8    3.1    1.7   -6.1 |      1.0 
  1991           |   -.4    -.7    -.5     .2    1.0     .9     .1     .1     .9    -.2    -.1    -.4 |  -7.3    2.3    5.6     .9 |     -1.5 
  1992           |   -.6     .7     .9     .7     .3     .0     .9    -.5     .2     .7     .4     .1 |   -.5    7.3    3.1    4.3 |      2.9 
  1993           |    .4     .4    -.1     .3    -.3     .2     .3    -.1     .5     .8     .4     .5 |   3.6     .9    1.6    6.2 |      3.3 
                 |                                                                                    |                            |
  1994           |    .4     .0    1.0     .5     .5     .6     .2     .6     .4     .9     .6    1.0 |   5.0    7.4    5.2    8.5 |      5.2 
  1995           |    .2    -.1     .1     .0     .3     .3    -.4    1.3     .4    -.1     .3     .4 |   4.2    1.3    3.7    3.5 |      4.7 
  1996           |   -.6    1.6    -.1     .9     .7     .8    -.2     .6     .7    -.1     .9     .6 |   2.8    8.8    5.1    5.7 |      4.5 
  1997           |    .1    1.2     .7     .0     .6     .5     .8    1.1     .9     .9     .9     .3 |   7.8    6.0    9.5   10.4 |      7.2 
  1998           |    .5     .1     .1     .4     .6    -.6    -.4    2.1    -.2     .8    -.1     .4 |   4.5    2.7    3.0    5.9 |      5.8 
                 |                                                                                    |                            |
  1999           |    .5     .5     .2     .3     .7    -.2     .6     .4    -.4    1.3     .5     .8 |   4.5    4.0    3.7    7.2 |      4.4 
  2000           |    .0     .3     .4     .7     .2     .1    -.1    -.3     .4    -.3     .0    -.3 |   4.1    5.1    -.4    -.8 |      3.9 
  2001           |   -.7    -.6    -.3    -.2    -.7    -.6    -.6    -.2    -.4    -.4    -.5     .0 |  -5.2   -4.9   -5.6   -4.2 |     -3.1 
  2002           |    .6     .0     .8     .4     .4     .9    -.2     .0     .1    -.3     .5    -.5 |   2.9    6.4    2.5    -.2 |       .3 
  2003           |    .6     .3    -.2    -.7     .0     .1     .4    -.2     .6     .1     .8    -.1 |   2.2   -2.8    2.5    4.1 |      1.2 
                 |                                                                                    |                            |
  2004           |    .2     .6    -.5     .4     .8    -.8     .8     .1     .1     .9     .2     .7 |   2.7    2.3    2.3    5.7 |      2.6 
  2005           |    .5     .7    -.2     .1     .2     .4    -.3     .2   -1.8    1.3    1.0     .6 |   5.8    2.0   -1.9    3.9 |      3.3 
  2006           |    .1     .0     .2     .4    -.1     .4     .0     .3    -.2     .0    -.1    1.1 |   3.8    2.4    1.4    1.0 |      2.2 
  2007           |   -.5    1.0     .2     .7     .0     .0     .0     .2     .3    -.5     .5     .0 |   3.7    5.0     .9     .7 |      2.5 
  2008           |   -.3    -.3    -.2    -.7    -.5    -.2    -.5   -1.5   -4.3     .9   -1.2   -2.9 |  -1.7   -5.5  -12.1  -15.9 |     -3.5 
                 |                                                                                    |                            |
  2009           |  -2.4    -.6   -1.6    -.9   -1.1    -.4    1.1    1.1     .8     .3     .4     .3 | -20.6  -11.5    5.7    6.4 |    -11.5 
  2010           |   1.1     .4     .7     .4    1.5     .2     .5     .4     .3    -.2     .0     .9 |   8.0    8.6    6.0    1.6 |      5.5 
  2011           |   -.1    -.4    1.0    -.4     .2     .2     .4     .6    -.1     .7    -.1     .5 |   2.1    1.3    4.2    3.8 |      3.1 
  2012           |    .6     .3    -.6     .8     .2     .0     .2    -.4     .0     .3     .5     .3 |   3.9    2.6     .2    2.4 |      2.9 
  2013           |   -.1     .6     .3    -.1     .0     .2    -.6     .8     .5    -.1     .3     .3 |   3.0    1.5     .9    3.2 |      2.0 
                 |                                                                                    |                            |
  2014           |   -.5    1.0     .9     .2     .3     .4     .0    -.1     .3     .1     .8    -.2 |   3.2    6.0    1.7    2.7 |      3.1 
  2015           |   -.7    -.2    -.3    -.4    -.4    -.3     .5     .0    -.3    -.2    -.6    -.5 |  -3.3   -4.0     .4   -3.7 |      -.7 
  2016           |    .5    -.2    -.7     .3    -.1     .4     .1    -.1    -.2     .2    -.2     .7 |  -1.3    -.7     .8     .8 |     -1.2 
  2017           |   -.1     .1                                                                       |                            |          
                 |                                                                                    |                            |
 IP (2012=100)   |                                                                                    |                            |
  1987           |  57.9   58.7   58.8   59.1   59.5   59.8   60.2   60.7   60.9   61.8   62.1   62.4 |  58.4   59.5   60.6   62.1 |     60.2 
  1988           |  62.4   62.7   62.8   63.2   63.1   63.3   63.3   63.6   63.4   63.7   63.8   64.1 |  62.7   63.2   63.4   63.9 |     63.3 
                 |                                                                                    |                            |
  1989           |  64.3   64.0   64.2   64.2   63.8   63.8   63.2   63.8   63.6   63.5   63.7   64.1 |  64.2   63.9   63.5   63.8 |     63.9 
  1990           |  63.7   64.4   64.7   64.6   64.7   64.9   64.8   65.0   65.1   64.6   63.9   63.5 |  64.2   64.7   65.0   64.0 |     64.5 
  1991           |  63.2   62.8   62.4   62.6   63.2   63.7   63.8   63.9   64.4   64.3   64.2   64.0 |  62.8   63.2   64.0   64.2 |     63.5 
  1992           |  63.6   64.0   64.6   65.1   65.3   65.3   65.9   65.6   65.7   66.2   66.5   66.5 |  64.1   65.2   65.7   66.4 |     65.4 
  1993           |  66.8   67.1   67.0   67.2   67.0   67.2   67.4   67.3   67.6   68.1   68.4   68.8 |  67.0   67.1   67.4   68.4 |     67.5 
                 |                                                                                    |                            |
  1994           |  69.0   69.0   69.8   70.1   70.5   70.9   71.1   71.5   71.7   72.3   72.8   73.6 |  69.3   70.5   71.4   72.9 |     71.0 
  1995           |  73.7   73.6   73.7   73.7   73.9   74.1   73.8   74.8   75.1   75.0   75.2   75.5 |  73.7   73.9   74.6   75.2 |     74.3 
  1996           |  75.0   76.2   76.1   76.8   77.3   78.0   77.8   78.3   78.8   78.8   79.5   80.0 |  75.7   77.4   78.3   79.4 |     77.7 
  1997           |  80.1   81.0   81.6   81.6   82.1   82.5   83.2   84.0   84.8   85.5   86.3   86.5 |  80.9   82.1   84.0   86.1 |     83.3 
  1998           |  87.0   87.1   87.1   87.4   88.0   87.5   87.1   88.9   88.8   89.5   89.4   89.8 |  87.1   87.6   88.3   89.6 |     88.1 
                 |                                                                                    |                            |
  1999           |  90.2   90.7   90.8   91.1   91.7   91.6   92.2   92.5   92.2   93.4   93.8   94.5 |  90.6   91.5   92.3   93.9 |     92.1 
  2000           |  94.5   94.8   95.2   95.9   96.1   96.2   96.0   95.7   96.1   95.8   95.8   95.6 |  94.9   96.0   96.0   95.7 |     95.6 
  2001           |  94.9   94.4   94.1   93.9   93.3   92.7   92.2   92.0   91.7   91.3   90.8   90.8 |  94.5   93.3   92.0   91.0 |     92.7 
  2002           |  91.3   91.4   92.1   92.5   92.9   93.8   93.5   93.6   93.7   93.4   93.9   93.4 |  91.6   93.0   93.6   93.6 |     93.0 
  2003           |  94.0   94.3   94.0   93.4   93.4   93.5   93.9   93.7   94.3   94.4   95.2   95.2 |  94.1   93.4   94.0   94.9 |     94.1 
                 |                                                                                    |                            |
  2004           |  95.3   95.9   95.5   95.9   96.6   95.9   96.6   96.7   96.7   97.7   97.8   98.5 |  95.6   96.1   96.7   98.0 |     96.6 
  2005           |  99.0   99.7   99.5   99.7   99.8  100.2   99.9  100.1   98.3   99.5  100.5  101.1 |  99.4   99.9   99.4  100.4 |     99.8 
  2006           | 101.2  101.3  101.5  101.9  101.8  102.1  102.1  102.5  102.3  102.2  102.1  103.2 | 101.3  101.9  102.3  102.5 |    102.0 
  2007           | 102.7  103.8  104.0  104.7  104.8  104.8  104.7  104.9  105.3  104.8  105.3  105.3 | 103.5  104.7  105.0  105.1 |    104.6 
  2008           | 105.0  104.7  104.4  103.6  103.1  102.9  102.4  100.9   96.5   97.5   96.3   93.4 | 104.7  103.2   99.9   95.7 |    100.9 
                 |                                                                                    |                            |
  2009           |  91.2   90.6   89.2   88.4   87.4   87.1   88.0   89.0   89.6   89.9   90.3   90.5 |  90.4   87.6   88.9   90.2 |     89.3 
  2010           |  91.6   91.9   92.5   92.9   94.3   94.5   94.9   95.3   95.6   95.4   95.4   96.2 |  92.0   93.9   95.3   95.7 |     94.2 
  2011           |  96.1   95.7   96.6   96.3   96.5   96.7   97.1   97.7   97.6   98.3   98.2   98.7 |  96.2   96.5   97.5   98.4 |     97.1 
  2012           |  99.3   99.6   99.1   99.9  100.0  100.1  100.3   99.9   99.9  100.2  100.7  101.0 |  99.3  100.0  100.0  100.6 |    100.0 
  2013           | 100.9  101.5  101.8  101.7  101.7  101.9  101.3  102.1  102.6  102.5  102.8  103.1 | 101.4  101.7  102.0  102.8 |    102.0 
                 |                                                                                    |                            |
  2014           | 102.6  103.6  104.6  104.8  105.1  105.5  105.5  105.4  105.7  105.8  106.6  106.4 | 103.6  105.1  105.5  106.3 |    105.1 
  2015           | 105.6  105.4  105.1  104.7  104.3  104.0  104.5  104.5  104.2  104.0  103.4  102.9 | 105.4  104.3  104.4  103.4 |    104.4 
  2016           | 103.5  103.3  102.5  102.9  102.8  103.1  103.2  103.1  103.0  103.2  103.0  103.8 | 103.1  102.9  103.1  103.3 |    103.1 
  2017           | 103.6  103.7                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> Annual averages of industrial production are calculated from not seasonally adjusted indexes.
 
 
 
 Table 1B
 Capacity and Utilization: Total
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|    Annual
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
 (percent of     |                                                                                    |                            |
 2012 output)    |                                                                                    |                            |
  1987           |  73.4   73.5   73.6   73.8   73.9   74.1   74.2   74.4   74.5   74.6   74.7   74.8 |  73.5   73.9   74.3   74.7 |     74.1 
  1988           |  74.8   74.9   74.9   75.0   75.0   75.0   75.1   75.1   75.2   75.2   75.3   75.4 |  74.9   75.0   75.1   75.3 |     75.1 
                 |                                                                                    |                            |
  1989           |  75.4   75.6   75.7   75.8   76.0   76.1   76.3   76.5   76.6   76.8   77.0   77.2 |  75.6   76.0   76.5   77.0 |     76.2 
  1990           |  77.4   77.5   77.7   77.9   78.0   78.2   78.3   78.4   78.6   78.7   78.8   78.9 |  77.5   78.0   78.4   78.8 |     78.2 
  1991           |  79.0   79.1   79.2   79.3   79.4   79.4   79.5   79.6   79.7   79.9   80.0   80.1 |  79.1   79.4   79.6   80.0 |     79.5 
  1992           |  80.3   80.4   80.6   80.8   80.9   81.1   81.3   81.5   81.6   81.8   81.9   82.1 |  80.4   80.9   81.5   81.9 |     81.2 
  1993           |  82.2   82.3   82.5   82.6   82.7   82.8   82.9   83.0   83.2   83.3   83.4   83.6 |  82.3   82.7   83.0   83.5 |     82.9 
                 |                                                                                    |                            |
  1994           |  83.8   84.0   84.2   84.4   84.6   84.9   85.2   85.4   85.7   86.0   86.3   86.5 |  84.0   84.6   85.4   86.3 |     85.1 
  1995           |  86.8   87.1   87.4   87.7   88.0   88.4   88.7   89.0   89.4   89.7   90.1   90.5 |  87.1   88.0   89.0   90.1 |     88.6 
  1996           |  90.9   91.3   91.7   92.1   92.6   93.0   93.4   93.9   94.3   94.8   95.2   95.7 |  91.3   92.6   93.9   95.2 |     93.2 
  1997           |  96.2   96.6   97.1   97.6   98.1   98.7   99.2   99.8  100.4  101.1  101.7  102.4 |  96.6   98.1   99.8  101.7 |     99.1 
  1998           | 103.1  103.7  104.4  105.1  105.8  106.4  107.0  107.6  108.2  108.7  109.2  109.8 | 103.7  105.8  107.6  109.2 |    106.6 
                 |                                                                                    |                            |
  1999           | 110.2  110.7  111.2  111.6  112.1  112.5  112.9  113.3  113.7  114.2  114.6  115.0 | 110.7  112.1  113.3  114.6 |    112.7 
  2000           | 115.4  115.8  116.1  116.5  116.9  117.3  117.7  118.1  118.5  118.9  119.2  119.6 | 115.8  116.9  118.1  119.2 |    117.5 
  2001           | 120.0  120.3  120.7  121.1  121.4  121.7  122.0  122.3  122.6  122.8  123.1  123.3 | 120.3  121.4  122.3  123.0 |    121.8 
  2002           | 123.5  123.6  123.8  123.9  124.0  124.1  124.1  124.1  124.1  124.1  124.1  124.1 | 123.6  124.0  124.1  124.1 |    124.0 
  2003           | 124.0  124.0  124.0  123.9  123.9  123.9  123.8  123.8  123.8  123.8  123.8  123.7 | 124.0  123.9  123.8  123.8 |    123.9 
                 |                                                                                    |                            |
  2004           | 123.7  123.7  123.7  123.7  123.6  123.6  123.6  123.6  123.6  123.7  123.7  123.8 | 123.7  123.6  123.6  123.7 |    123.7 
  2005           | 123.9  124.0  124.1  124.3  124.4  124.6  124.8  125.0  125.1  125.3  125.5  125.7 | 124.0  124.4  125.0  125.5 |    124.7 
  2006           | 125.8  126.0  126.2  126.3  126.5  126.7  126.9  127.2  127.4  127.7  128.0  128.2 | 126.0  126.5  127.2  128.0 |    126.9 
  2007           | 128.5  128.8  129.1  129.3  129.6  129.8  129.9  130.1  130.1  130.1  130.1  130.1 | 128.8  129.6  130.0  130.1 |    129.6 
  2008           | 130.0  129.9  129.8  129.7  129.7  129.6  129.6  129.7  129.8  129.9  130.0  130.1 | 129.9  129.7  129.7  130.0 |    129.8 
                 |                                                                                    |                            |
  2009           | 130.2  130.3  130.4  130.5  130.6  130.6  130.5  130.4  130.3  130.1  129.9  129.6 | 130.3  130.5  130.4  129.9 |    130.3 
  2010           | 129.4  129.1  128.9  128.6  128.3  128.1  127.9  127.7  127.5  127.3  127.2  127.1 | 129.1  128.3  127.7  127.2 |    128.1 
  2011           | 127.0  127.0  127.0  127.0  127.1  127.1  127.2  127.4  127.5  127.7  127.9  128.1 | 127.0  127.1  127.4  127.9 |    127.3 
  2012           | 128.3  128.5  128.8  129.0  129.2  129.5  129.7  129.9  130.2  130.4  130.6  130.8 | 128.5  129.2  129.9  130.6 |    129.6 
  2013           | 131.0  131.2  131.4  131.6  131.7  131.9  132.0  132.1  132.2  132.3  132.5  132.6 | 131.2  131.7  132.1  132.5 |    131.9 
                 |                                                                                    |                            |
  2014           | 132.7  132.8  133.0  133.1  133.3  133.5  133.7  133.9  134.2  134.4  134.7  134.9 | 132.8  133.3  133.9  134.7 |    133.7 
  2015           | 135.2  135.4  135.6  135.7  135.9  136.0  136.1  136.1  136.1  136.1  136.1  136.1 | 135.4  135.9  136.1  136.1 |    135.9 
  2016           | 136.1  136.0  136.0  136.0  136.0  136.0  136.0  136.1  136.2  136.3  136.4  136.5 | 136.0  136.0  136.1  136.4 |    136.1 
  2017           | 136.6  136.7                                                                       |                            |          
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
 (percent)       |                                                                                    |                            |
  1987           |  79.0   79.8   79.8   80.2   80.5   80.7   81.1   81.7   81.7   82.8   83.1   83.4 |  79.5   80.5   81.5   83.1 |     81.2 
  1988           |  83.4   83.7   83.8   84.3   84.1   84.3   84.3   84.7   84.4   84.7   84.8   85.1 |  83.6   84.2   84.5   84.9 |     84.3 
                 |                                                                                    |                            |
  1989           |  85.2   84.7   84.8   84.7   84.0   83.8   82.9   83.5   83.0   82.7   82.8   83.1 |  84.9   84.2   83.1   82.9 |     83.8 
  1990           |  82.4   83.0   83.2   83.0   82.9   83.0   82.8   82.9   82.9   82.1   81.1   80.4 |  82.9   83.0   82.9   81.2 |     82.5 
  1991           |  80.0   79.3   78.8   78.9   79.6   80.2   80.2   80.2   80.8   80.5   80.3   79.8 |  79.4   79.6   80.4   80.2 |     79.9 
  1992           |  79.2   79.6   80.2   80.6   80.7   80.5   81.0   80.5   80.5   80.9   81.1   81.1 |  79.7   80.6   80.7   81.0 |     80.5 
  1993           |  81.3   81.5   81.3   81.4   81.1   81.1   81.2   81.0   81.3   81.8   82.0   82.3 |  81.4   81.2   81.2   82.0 |     81.4 
                 |                                                                                    |                            |
  1994           |  82.4   82.2   82.9   83.1   83.3   83.6   83.4   83.7   83.7   84.2   84.4   85.0 |  82.5   83.3   83.6   84.5 |     83.5 
  1995           |  84.9   84.5   84.3   84.0   83.9   83.9   83.3   84.0   84.0   83.6   83.4   83.4 |  84.5   83.9   83.8   83.5 |     83.9 
  1996           |  82.5   83.4   82.9   83.3   83.5   83.8   83.3   83.4   83.6   83.1   83.5   83.6 |  82.9   83.6   83.4   83.4 |     83.3 
  1997           |  83.3   83.9   84.0   83.6   83.7   83.6   83.8   84.2   84.4   84.6   84.8   84.5 |  83.7   83.7   84.1   84.6 |     84.0 
  1998           |  84.4   83.9   83.5   83.2   83.2   82.2   81.4   82.7   82.1   82.3   81.9   81.8 |  83.9   82.9   82.1   82.0 |     82.7 
                 |                                                                                    |                            |
  1999           |  81.8   81.9   81.7   81.6   81.8   81.4   81.6   81.7   81.0   81.8   81.9   82.2 |  81.8   81.6   81.4   82.0 |     81.7 
  2000           |  82.0   81.9   82.0   82.3   82.2   82.0   81.6   81.1   81.1   80.6   80.4   79.9 |  81.9   82.1   81.3   80.3 |     81.4 
  2001           |  79.1   78.4   78.0   77.6   76.8   76.2   75.5   75.2   74.8   74.3   73.8   73.7 |  78.5   76.9   75.2   73.9 |     76.1 
  2002           |  74.0   73.9   74.4   74.6   74.9   75.6   75.4   75.4   75.5   75.3   75.6   75.3 |  74.1   75.0   75.4   75.4 |     75.0 
  2003           |  75.8   76.0   75.9   75.3   75.4   75.5   75.8   75.7   76.2   76.3   76.9   76.9 |  75.9   75.4   75.9   76.7 |     76.0 
                 |                                                                                    |                            |
  2004           |  77.1   77.5   77.2   77.5   78.2   77.5   78.1   78.2   78.2   79.0   79.1   79.6 |  77.3   77.7   78.2   79.2 |     78.1 
  2005           |  79.9   80.4   80.2   80.2   80.2   80.4   80.1   80.1   78.5   79.4   80.1   80.5 |  80.1   80.3   79.6   80.0 |     80.0 
  2006           |  80.5   80.4   80.4   80.7   80.4   80.6   80.4   80.6   80.3   80.1   79.8   80.5 |  80.4   80.6   80.4   80.1 |     80.4 
  2007           |  79.9   80.6   80.5   81.0   80.8   80.7   80.6   80.7   80.9   80.5   80.9   81.0 |  80.3   80.8   80.7   80.8 |     80.7 
  2008           |  80.8   80.6   80.4   79.9   79.5   79.4   79.0   77.8   74.4   75.0   74.1   71.8 |  80.6   79.6   77.1   73.6 |     77.7 
                 |                                                                                    |                            |
  2009           |  70.0   69.5   68.4   67.7   67.0   66.7   67.4   68.2   68.8   69.1   69.5   69.8 |  69.3   67.1   68.1   69.5 |     68.5 
  2010           |  70.8   71.2   71.8   72.3   73.5   73.8   74.3   74.7   75.0   74.9   75.0   75.7 |  71.2   73.2   74.6   75.2 |     73.6 
  2011           |  75.7   75.4   76.1   75.8   75.9   76.1   76.3   76.7   76.5   77.0   76.8   77.0 |  75.7   75.9   76.5   76.9 |     76.3 
  2012           |  77.4   77.5   76.9   77.4   77.4   77.3   77.3   76.9   76.8   76.9   77.1   77.2 |  77.3   77.4   77.0   77.1 |     77.2 
  2013           |  77.0   77.3   77.5   77.3   77.2   77.2   76.7   77.3   77.6   77.4   77.6   77.8 |  77.3   77.2   77.2   77.6 |     77.3 
                 |                                                                                    |                            |
  2014           |  77.3   78.0   78.6   78.7   78.8   79.0   78.9   78.7   78.8   78.7   79.2   78.8 |  78.0   78.9   78.8   78.9 |     78.6 
  2015           |  78.1   77.9   77.5   77.1   76.8   76.5   76.8   76.8   76.5   76.4   76.0   75.6 |  77.8   76.8   76.7   76.0 |     76.8 
  2016           |  76.1   75.9   75.4   75.6   75.6   75.8   75.9   75.8   75.6   75.8   75.6   76.0 |  75.8   75.7   75.8   75.8 |     75.8 
  2017           |  75.9   75.9                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 
 
 
 
 
 
 
 Table 2
 Rates of Change in Industrial Production, Market and Industry Group Summary: 2012-2016 <1>
 
 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          |               |                                              |              Difference between
                                                          |               |                Revised change                |         revised and earlier changes
                                                          |               |                  (percent)                   |             (percentage points)
 Item                                                     |         NAICS |     2012     2013     2014     2015     2016 |     2012     2013     2014     2015     2016
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          |               |                                              |
  Total IP                                                |               |     2.3      2.2      3.4     -2.7      -.1  |      .0       .1      -.1     -1.0       .0 
                                                          |               |                                              |
  MARKET GROUP                                            |               |                                              |
  Final products and nonindustrial supplies               |               |     1.1       .8      1.6     -1.2       .2  |      .0       .0      -.2      -.2      -.1 
     Consumer goods                                       |               |    -1.3      1.4      1.2      1.3       .7  |      .2      -.1       .4       .7      -.1 
        Durable                                           |               |     1.0      8.5      4.1      3.1      3.3  |      .6      -.3       .5      -.7      -.8 
           Automotive products                            |               |     -.2     15.0      6.4      5.0      5.9  |     1.0       .0      1.1     -1.6      -.8 
           Home electronics                               |               |     6.4      2.4     -1.1      2.4      4.6  |      .8     -1.5     -1.3      3.0       .1 
           Appliances, furniture, carpeting               |               |     2.4      2.9      3.5      3.8      1.0  |      .0       .0       .9       .7       .0 
           Miscellaneous goods                            |               |     1.5      2.7      1.4       .1       .1  |      .1      -.5      -.6      -.4     -1.3 
        Nondurable                                        |               |    -1.8      -.3       .4       .8      -.1  |      .1       .0       .4      1.2       .1 
           Non-energy                                     |               |    -2.8     -2.3      1.8      2.0     -1.0  |      .1      -.3       .9      2.1      -.3 
              Foods and tobacco                           |               |     1.3       .8       .4      2.3      -.1  |      .1      -.1       .8      1.9      -.4 
              Clothing                                    |               |    -7.2     -5.0     -2.5     -5.7     -6.4  |      .2     -1.0     -1.2     -1.2     -1.6 
              Chemical products                           |               |    -9.0     -8.1      6.5      3.1     -1.5  |      .1      -.1      1.6      2.7       .5 
              Paper products                              |               |    -7.8     -2.4     -2.6     -2.3     -5.8  |      .3     -1.1       .2      2.2     -1.4 
           Energy                                         |               |     1.1      5.9     -3.9     -3.9      3.6  |     -.2       .7     -1.1     -1.3       .6 
                                                          |               |                                              |
     Business equipment                                   |               |     7.2     -1.8      3.5     -3.3      -.4  |     -.5       .2     -1.1     -1.3      -.7 
        Transit                                           |               |    16.7      3.2     11.2      1.2     -3.5  |    -2.8       .9       .8      1.6      -.9 
        Information processing                            |               |     6.4     -1.5      -.2       .2      4.1  |      .3     -1.0     -2.1      -.9     -1.7 
        Industrial and other                              |               |     3.8     -4.0      1.5     -6.8      -.6  |     -.2       .5     -1.5     -2.9      -.2 
     Defense and space equipment                          |               |      .7     -4.5     -2.4     -2.9     -1.2  |      .3      -.5       .8      1.8      -.7 
                                                          |               |                                              |
     Construction supplies                                |               |     3.2      3.6      3.8       .1       .9  |      .0       .0      -.6     -1.1       .7 
     Business supplies                                    |               |     1.6      2.3       .1      -.3       .0  |      .0       .0     -1.0      -.6       .5 
                                                          |               |                                              |
  Materials                                               |               |     3.5      3.6      5.2     -4.3      -.5  |      .0       .2      -.1     -2.0       .1 
     Non-energy                                           |               |     2.3      2.1      1.4     -2.2       .6  |     -.1       .4      -.8     -1.7       .7 
        Durable                                           |               |     3.2      3.7      2.9     -3.4       .5  |     -.2       .5      -.7     -2.1       .9 
           Consumer parts                                 |               |     8.4      4.6      4.3       .1      5.1  |     -.3       .8      -.2     -3.3       .1 
           Equipment parts                                |               |     2.8      4.5      4.3     -5.1      -.8  |     -.2       .8     -1.5     -3.7      1.1 
           Other                                          |               |     1.6      2.9      1.6     -3.5      -.5  |     -.2       .3      -.4      -.5      1.1 
        Nondurable                                        |               |     1.0      -.3     -1.0      -.3       .8  |      .0       .2     -1.0     -1.2       .3 
           Textile                                        |               |     -.8      7.7     -2.8     -2.7      1.7  |      .1      -.4     -1.6     -2.3      1.0 
           Paper                                          |               |      .8      -.9      -.4     -2.9     -1.5  |     -.1      -.1       .1      -.3      -.7 
           Chemical                                       |               |     1.4     -1.8     -2.4       .0       .8  |     -.1       .5     -2.3     -2.8      1.0 
     Energy                                               |               |     5.2      5.3      9.5     -7.1     -2.4  |      .0      -.2       .3     -1.9      -.7 
                                                          |               |                                              |
                                                          |               |                                              |
  INDUSTRY GROUP                                          |               |                                              |
  Manufacturing<2>                                        |               |     1.7       .9      1.5      -.6       .2  |      .0       .1      -.5      -.6       .1 
     Manufacturing (NAICS)                                |        31-33  |     2.1      1.0      1.8      -.5       .5  |     -.1       .1      -.5      -.7       .1 
                                                          |               |                                              |
        Durable manufacturing                             |               |     3.9      2.6      2.7     -2.0       .8  |     -.1       .1      -.6     -1.4      -.2 
           Wood products                                  |          321  |     8.1      4.3      3.7      3.8      3.7  |      .2      -.6       .8      3.8       .9 
           Nonmetallic mineral products                   |          327  |     3.9      4.6      3.2      2.4       .1  |     -.1       .1     -1.7     -2.0       .5 
           Primary metals                                 |          331  |    -4.0      5.3     -1.3     -8.1     -2.1  |     -.1       .4       .5     -1.1       .0 
           Fabricated metal products                      |          332  |     1.6      3.5       .2     -4.7      -.8  |      .0       .0     -1.0     -1.5      -.5 
           Machinery                                      |          333  |     2.2     -4.0      2.3     -9.0       .4  |     -.4      1.0     -1.6     -4.0       .6 
           Computer and electronic products               |          334  |     7.8      2.7      4.4      -.5      3.8  |      .1      -.2     -1.2     -2.0      -.4 
           Electrical equip., appliances,                 |               |                                              |
              and components                              |          335  |     2.2      -.1       .8      1.8       .5  |     -.1       .4       .0      -.6      2.6 
           Motor vehicles and parts                       |       3361-3  |     6.5     11.0      6.9      3.9      4.8  |     -.4       .9       .5     -1.2       .1 
           Aerospace and miscellaneous                    |               |                                              |
              transportation equipment                    |       3364-9  |     7.5       .9      4.9     -2.0     -2.1  |      .0       .0       .2      -.5      -.6 
           Furniture and related products                 |          337  |     6.2      -.9      4.4      3.8     -2.0  |      .0      -.1       .5       .6       .0 
           Miscellaneous                                  |          339  |     1.1      1.9     -1.8      -.9      -.9  |      .7     -1.9     -2.1       .6     -3.3 
                                                          |               |                                              |
        Nondurable manufacturing                          |               |      .1      -.8       .7      1.2       .1  |     -.1       .1      -.4       .1       .4 
           Food, beverage, and tobacco products           |        311,2  |     1.3      1.2       .7      2.4       .2  |      .0       .0       .9      1.7      -.4 
           Textile and product mills                      |        313,4  |    -1.9      6.9       .9     -1.9       .9  |     -.1       .4       .8     -1.4       .7 
           Apparel and leather                            |        315,6  |    -7.6     -4.5     -2.4     -5.6     -6.0  |      .2      -.8     -1.0     -1.3     -1.6 
           Paper                                          |          322  |     2.3     -1.6      1.1     -3.3      -.1  |      .1      -.2       .4      -.1      -.9 
           Printing and support                           |          323  |    -1.0      2.0     -2.8      2.9     -1.9  |     -.4      -.4     -2.2       .2       .2 
           Petroleum and coal products                    |          324  |     -.7      2.8     -5.5      1.5      2.1  |     -.4      1.1     -3.1     -5.1      3.0 
           Chemicals                                      |          325  |    -1.8     -4.5      1.7      1.3       .0  |      .0       .1      -.6      -.1       .8 
           Plastics and rubber products                   |          326  |     5.0       .0      4.4       .7      -.5  |      .0       .1     -1.3      -.5      1.1 
                                                          |               |                                              |
     Other manufacturing (non-NAICS)                      |    1133,5111  |    -9.9      -.5     -4.7     -2.3     -6.5  |      .3      -.7       .6      2.0      -.4 
                                                          |               |                                              |
  Mining                                                  |           21  |     5.7      5.6     11.9    -10.9     -4.6  |     -.6      -.3      -.5     -2.7       .6 
  Utilities                                               |       2211,2  |      .2      4.4      -.6     -3.8      2.4  |      .2       .0       .1       .3      -.1 
     Electric                                             |         2211  |     -.4      3.6      -.3     -2.7      2.1  |      .2       .0       .0       .6       .0 
     Natural gas                                          |         2212  |     4.6     11.2     -2.9    -12.1      4.3  |      .2       .1       .5      -.6     -1.0 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------
 
 <1>  Rates of change are calculated as the percent change in the seasonally adjusted index from the fourth quarter of the
      previous year to the fourth quarter of the year specified in the column heading. 
 <2>  Manufacturing consists of those industries included in the North American Industry Classification System, or NAICS,
      definition of manufacturing plus those industries--logging and newspaper, periodical, book, and directory publishing
      --that have traditionally been considered to be a part of manufacturing and are included in the industrial sector.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Table 3
 Rates of Change in Industrial Production, Special Aggregates and Selected Detail: 2012-2016 <1>
 
 
 ----------------------------------------------------------------------------------------------------------------------------------------------------
                                                   |              |                                         |           Difference between
                                                   |              |             Revised change              |       revised and earlier changes
                                                   |              |                (percent)                |           (percentage points)
 Item                                              |        NAICS |    2012    2013    2014    2015    2016 |    2012    2013    2014    2015    2016
 ----------------------------------------------------------------------------------------------------------------------------------------------------
                                                   |              |                                         |
  Total industry                                   |              |    2.3     2.2     3.4    -2.7     -.1  |     .0      .1     -.1    -1.0      .0 
                                                   |              |                                         |
  Energy                                           |              |    3.7     4.9     6.8    -7.8    -1.1  |    -.1     -.1      .1    -1.8     -.3 
     Consumer products                             |              |    1.1     5.9    -3.9    -3.9     3.6  |    -.2      .7    -1.1    -1.3      .6 
     Commercial products                           |              |    1.3     3.9      .2     -.3     1.7  |    -.1      .1     -.5     -.2     -.6 
     Oil and gas well drilling                     |      213111  |   -8.0    -2.0     6.4   -59.7   -22.9  |    -.2     -.5     -.7     -.2     -.3 
     Converted fuel                                |              |    4.6      .7      .8    -1.4     1.6  |    -.2     -.2      .2      .5      .2 
     Primary energy                                |              |    5.3     6.4    11.7    -8.6    -4.0  |     .0     -.5     -.2    -2.5     -.7 
                                                   |              |                                         |
  Non-energy                                       |              |    1.7      .9     1.9     -.7      .2  |     .0      .1     -.4     -.5      .1 
     Selected high-technology industries           |              |   11.8    11.6     9.1     -.4     7.9  |     .0      .2      .4     -.5     1.1 
        Computers and peripheral equipment         |        3341  |   18.8    -1.3     6.0    -2.1    15.0  |     .4    -1.6     3.9     8.6    -1.2 
        Communications equipment                   |        3342  |    2.1    15.9    -4.9      .9    13.9  |     .5    -2.1    -2.3      .5    -3.5 
        Semiconductors and related                 |              |                                         |
           electronic components                   |        3344  |   13.2    13.7    15.9     -.5     3.6  |    -.3     1.5      .4    -3.0     2.8 
                                                   |              |                                         |
     Excluding selected high-technology            |              |                                         |
           industries                              |              |    1.2      .5     1.6     -.7     -.1  |     .0      .1     -.4     -.5      .1 
                                                   |              |                                         |
        Motor vehicles and parts                   |      3361-3  |    6.5    11.0     6.9     3.9     4.8  |    -.4      .9      .5    -1.2      .1 
           Motor vehicles                          |        3361  |    1.8    14.7     5.3     4.8     2.0  |    -.4      .9     1.9     1.5     -.2 
           Motor vehicle parts                     |        3363  |   10.2     6.4     8.5     2.9     7.4  |    -.4     1.0     -.4    -3.7      .3 
                                                   |              |                                         |
        Excluding motor vehicles and parts         |              |     .8     -.3     1.2    -1.1     -.5  |     .0      .0     -.5     -.4      .1 
           Consumer goods                          |              |   -2.4    -1.5     1.9     1.9     -.8  |     .1     -.3      .7     1.7     -.3 
           Business equipment                      |              |    7.1    -3.0     3.6    -4.4     -.9  |    -.1      .1    -1.4    -2.5    -1.0 
           Construction supplies                   |              |    3.2     3.5     3.9      .1      .8  |     .0      .0     -.6    -1.1      .7 
           Business supplies                       |              |     .5      .8    -1.2     -.3    -1.1  |     .0     -.2    -1.3     -.6      .4 
           Materials                               |              |     .9     1.2      .4    -2.5     -.1  |    -.1      .3     -.9    -1.4      .6 
                                                   |              |                                         |
  Measures excluding selected high-technology      |              |                                         |
        industries                                 |              |                                         |
  Total industry                                   |              |    2.0     1.9     3.2    -2.7     -.3  |     .0      .1     -.1    -1.0      .0 
     Manufacturing<2>                              |              |    1.2      .5     1.3     -.6      .0  |     .0      .1     -.5     -.6      .0 
        Durable                                    |              |    3.2     1.9     2.2    -2.2      .3  |    -.1      .1     -.7    -1.4     -.3 
                                                   |              |                                         |
  Measures excluding motor vehicles and parts      |              |                                         |
  Total industry                                   |              |    2.1     1.7     3.2    -3.0     -.4  |     .0      .1     -.1    -1.0      .0 
     Manufacturing<2>                              |              |    1.4      .2     1.2     -.9     -.1  |     .0      .0     -.5     -.5      .1 
        Durable                                    |              |    3.6     1.4     2.0    -3.0      .1  |     .0      .0     -.8    -1.4     -.2 
                                                   |              |                                         |
  Measures excluding selected high-technology      |              |                                         |
        industries and motor vehicles and parts    |              |                                         |
  Total industry                                   |              |    1.7     1.5     3.0    -3.1     -.6  |     .0      .1     -.1    -1.0      .0 
     Manufacturing<2>                              |              |     .9     -.2      .8     -.9     -.4  |     .0      .0     -.6     -.5      .0 
                                                   |              |                                         |
  Stage-of-process components                      |              |                                         |
        of non-energy materials,                   |              |                                         |
        measures of the input to                   |              |                                         |
  Finished processors                              |              |    3.7     3.6     3.1    -3.1      .9  |    -.2      .6     -.8    -2.9      .5 
  Primary and semifinished processors              |              |    1.4     1.2      .3    -1.6      .4  |    -.1      .3     -.8     -.9      .8 
                                                   |              |                                         |
  Stage-of-process groups                          |              |                                         |
  Crude                                            |              |    5.9     4.5     8.5    -6.2    -3.1  |    -.4      .0     -.4    -2.7      .1 
  Primary and semifinished                         |              |    1.3     3.6     1.3    -2.2      .7  |     .0      .2     -.6    -1.2      .6 
  Finished                                         |              |    1.1    -1.3     2.4    -1.2      .2  |     .0     -.2      .2      .2     -.6 
 ----------------------------------------------------------------------------------------------------------------------------------------------------
 <1> See footnote 1 to table 2.
 <2> See footnote 2 to table 2.
 
 
 
 
 
 
 
 Table 4
 Annual Rates of Change for Industrial Production <1>
 
 
 --------------------------------------------------------------------------------------------------------------------------------------------
                                                          |                                         |           Difference between
                                                          |          Revised Growth Rates           |        revised and earlier rates
                                                          |                                         |           (percentage points)
 Item                                                     |    2012    2013    2014    2015    2016 |    2012    2013    2014    2015    2016
 --------------------------------------------------------------------------------------------------------------------------------------------
                                                          |                                         |
  Total IP                                                |    2.9     2.0     3.1     -.7    -1.2  |     .2      .1      .2    -1.0     -.3 
                                                          |                                         |
  MARKET GROUP                                            |                                         |
  Consumer goods                                          |   -1.4      .7      .8     2.3      .6  |     .0      .0      .1      .9      .0 
     Durable                                              |    2.3     5.5     4.9     4.1     2.8  |     .2     -.1      .4      .2    -1.5 
     Nondurable                                           |   -2.3     -.5     -.3     1.8      .0  |     .0      .0      .0     1.2      .5 
                                                          |                                         |
  Business equipment                                      |    9.6     -.1     1.9     -.9    -1.8  |    -.2      .1     -.4    -1.6    -1.1 
  Defense and space equipment                             |    2.0    -2.8    -3.2    -3.2    -1.4  |     .1      .1     -.4     2.4     -.3 
                                                          |                                         |
  Construction supplies                                   |    4.3     3.0     3.4      .5     1.4  |     .0      .0     -.3    -1.0      .2 
  Business supplies                                       |    1.0     1.8     1.0     -.7      .2  |    -.1      .0     -.5    -1.1      .3 
                                                          |                                         |
  Materials                                               |    4.3     3.4     5.1    -1.4    -2.3  |     .3      .1      .4    -1.9     -.4 
     Non-energy                                           |    2.8     1.9     2.0    -1.5     -.2  |     .0      .1      .1    -2.0      .2 
     Energy                                               |    6.3     5.3     8.6    -1.3    -5.8  |     .6     -.2      .3    -1.9    -1.1 
                                                          |                                         |
                                                          |                                         |
  INDUSTRY GROUP                                          |                                         |
  Manufacturing<2>                                        |    2.6      .9     1.2      .1      .0  |     .0      .0     -.1     -.7     -.1 
     Manufacturing (NAICS)                                |    2.9     1.1     1.3      .2      .2  |     .0      .0     -.1     -.8     -.1 
        Durable manufacturing                             |    5.5     2.2     2.9     -.8     -.2  |     .0      .0     -.1    -1.3     -.7 
        Nondurable manufacturing                          |     .1      .0     -.6     1.4      .6  |     .0      .0     -.1     -.3      .5 
     Other manufacturing (non-NAICS)                      |   -5.8    -5.0    -1.1    -3.9    -6.6  |     .2      .0     -.5     2.5     -.1 
                                                          |                                         |
  Mining                                                  |    7.5     6.0    10.7    -4.3    -9.0  |     .1     -.5     -.3    -2.6      .4 
  Utilities                                               |   -2.2     2.3     1.4     -.7     -.3  |     .1      .0      .0      .1      .2 
 --------------------------------------------------------------------------------------------------------------------------------------------
 
 <1> The rates of change are calculated as the percent change in the annual averages of not seasonally adjusted industrial production indexes
     rather than as the percent change between the fourth quarter of one year and the fourth quarter of the next.
 <2> See footnote 2 to table 2.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Table 5
 Rates of Change in Capacity, by Industry Groups: 2013-2017 <1>
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                                   |                                                   |                Difference between
                                                   |                  Revised change                   |            revised and earlier changes
                                                   |                     (percent)                     |                (percentage points)
 Item                                              |      2013      2014      2015      2016      2017 |      2013      2014      2015      2016      2017
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
  Total industry                                   |      1.4       1.7       1.1        .2       1.0  |       .4       -.1      -1.0       -.2       -.3 
                                                   |                                                   |
  Manufacturing<2>                                 |       .8        .0        .1        .7        .6  |       .4       -.2       -.8        .0       -.6 
     Manufacturing (NAICS)                         |      1.0        .1        .2        .9        .7  |       .3       -.3       -.8        .1       -.5 
        Durable manufacturing                      |      2.2        .3        .9       1.1       1.1  |       .3        .0        .3        .3       -.5 
        Nondurable manufacturing                   |      -.3       -.1       -.5        .6        .4  |       .4       -.6      -2.1       -.1       -.4 
     Other manufacturing (non-NAICS)               |     -4.4      -4.2      -4.4      -4.0      -4.0  |       .8       1.3        .5      -4.5      -2.1 
                                                   |                                                   |
  Mining                                           |      6.6       7.2        .7      -4.1       2.2  |      -.1      -1.1      -5.0       -.7       1.3 
  Utilities                                        |       .1        .5       1.0       2.2        .7  |       .1       -.5        .3       1.5       -.1 
                                                   |                                                   |
                                                   |                                                   |
  Selected high-technology industries              |     14.6       3.8       1.7       5.0       5.6  |      -.7       3.7       2.0        .9       1.6 
  Manufacturing<2> ex. selected                    |                                                   |
        high-technology industries                 |       .3       -.2        .1        .6        .4  |       .4       -.4       -.8        .0       -.6 
                                                   |                                                   |
  Stage-of-process groups                          |                                                   |
  Crude                                            |      5.0       5.8        .6      -3.2       1.9  |       .1       -.7      -4.2       -.7        .9 
  Primary and semifinished                         |      1.0       -.1       -.2       1.1        .5  |       .2       -.2       -.8        .1       -.5 
  Finished                                         |       .4        .3        .9        .7        .8  |       .6       -.2       -.2        .1       -.5 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> Rates of change are calculated as the percent change in the seasonally adjusted index from the fourth quarter of the
     previous year to the fourth quarter of the year specified in the column heading.
 <2> See footnote 2 to table 2.
 
 
 
 Table 6
 Revised and Earlier Capacity Utilization Rates, by Industry Groups
 
   Percent of capacity, seasonally adjusted
 
 
 --------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          |               |                                         |         Difference between
                                                          |               |              Revised rate               |      revised and earlier rates
                                                          |               |                                         |         (percentage points)
                                                          |               |   1972-                                 |                                    
 Item                                                     |     NAICS     |    2016    2013    2014    2015    2016 |     2013     2014     2015     2016
                                                          |               |    Ave.      Q4      Q4      Q4      Q4 |       Q4       Q4       Q4       Q4
 --------------------------------------------------------------------------------------------------------------------------------------------------------
  Total industry                                          |               |   79.9    77.6    78.9    76.0    75.8  |      .3       .3       .2       .4 
                                                          |               |                                         |
  Manufacturing<1>                                        |               |   78.4    74.7    75.9    75.4    75.1  |      .1      -.1       .0       .1 
     Manufacturing (NAICS)                                |        31-33  |   78.3    75.2    76.4    75.8    75.5  |      .2       .0       .1       .0 
                                                          |               |                                         |
        Durable manufacturing                             |               |   76.9    75.3    77.1    74.9    74.7  |      .6       .1     -1.2     -1.5 
           Wood products                                  |          321  |   76.4    72.3    71.5    74.3    76.8  |      .5       .1      6.2      9.9 
           Nonmetallic mineral products                   |          327  |   73.8    61.9    64.0    65.4    64.7  |     1.0       .0     -1.0      -.7 
           Primary metals                                 |          331  |   78.6    75.2    76.1    69.6    66.5  |      .2       .7      -.8     -3.0 
           Fabricated metal products                      |          332  |   77.7    80.5    81.1    78.4    78.3  |     -.1      -.5     -1.0     -1.3 
           Machinery                                      |          333  |   77.5    75.4    76.4    69.0    69.1  |     1.2       .5     -3.0     -2.7 
           Computer and electronic products               |          334  |   77.6    72.3    72.8    70.4    70.1  |     2.0      -.4     -2.8     -2.9 
           Electrical equip., appliances,                 |               |                                         |
              and components                              |          335  |   82.4    81.1    81.2    80.3    80.5  |    -1.6     -1.6     -4.5     -2.1 
           Motor vehicles and parts                       |       3361-3  |   75.2    74.2    78.4    80.5    82.9  |      .7       .5      -.5     -1.2 
           Aerospace and miscellaneous                    |               |                                         |
              transportation equipment                    |       3364-9  |   74.2    79.4    84.3    80.8    78.4  |      .4      1.2     -1.0     -2.9 
           Furniture and related products                 |          337  |   76.7    72.7    77.3    80.3    79.1  |      .1      1.4      2.4      2.1 
           Miscellaneous                                  |          339  |   76.5    77.3    78.0    77.8    77.4  |    -1.6     -1.1       .7     -1.3 
                                                          |               |                                         |
        Nondurable manufacturing                          |               |   80.2    74.9    75.5    76.8    76.4  |     -.3      -.1      1.5      1.9 
           Food, beverage, and tobacco products           |        311,2  |   80.7    79.0    77.2    77.4    76.8  |     -.1      -.3      1.3      1.9 
           Textile and product mills                      |        313,4  |   79.1    70.8    72.2    71.2    71.6  |    -1.5      -.4      -.5      -.5 
           Apparel and leather                            |        315,6  |   76.7    65.8    69.2    68.6    67.6  |     -.6      3.1      5.1      3.8 
           Paper                                          |          322  |   86.6    81.9    85.3    84.9    87.2  |     -.6       .9      2.7      3.4 
           Printing and support                           |          323  |   79.4    64.7    63.6    67.1    67.2  |     1.7       .0      1.5      2.3 
           Petroleum and coal products                    |          324  |   85.3    83.5    81.9    82.1    80.1  |     -.4       .1      1.7      1.5 
           Chemicals                                      |          325  |   76.9    68.5    71.2    73.9    74.0  |    -1.0      -.8       .7       .7 
           Plastics and rubber products                   |          326  |   82.2    80.3    82.8    82.6    80.9  |     2.4      1.8      2.6      5.0 
                                                          |               |                                         |
     Other manufacturing (non-NAICS)                      |    1133,5111  |   80.5    64.1    63.7    65.1    63.4  |    -1.1     -1.5      -.6      2.0 
                                                          |               |                                         |
  Mining                                                  |           21  |   87.0    86.7    90.5    80.0    79.6  |     -.9      -.4      1.1      2.2 
  Utilities                                               |       2211,2  |   85.6    81.7    80.8    76.9    77.0  |     -.1       .4       .3      -.9 
                                                          |               |                                         |
  Selected high-technology industries                     |               |   77.3    68.8    72.3    70.8    72.8  |     1.3     -1.0     -2.8     -2.8 
     Computers and peripheral equipment                   |         3341  |   77.5    64.1    71.0    66.7    76.7  |      .1      1.1      -.3     -9.0 
     Communications equipment                             |         3342  |   76.5    79.8    71.3    70.2    76.1  |     -.6     -1.5      2.5     -2.1 
     Semiconductors and related                           |               |                                         |
           electronic components                          |         3344  |   78.6    66.1    73.0    72.2    70.4  |     2.2     -1.3     -5.7     -2.3 
                                                          |               |                                         |
  Measures excluding selected high-technology             |               |                                         |
        industries                                        |               |                                         |
  Total industry                                          |               |   80.1    77.9    79.1    76.1    75.9  |      .2       .3       .3       .4 
     Manufacturing<1>                                     |               |   78.5    75.0    76.1    75.6    75.1  |      .1       .0       .1       .2 
                                                          |               |                                         |
  Stage-of-process groups                                 |               |                                         |
  Crude                                                   |               |   86.1    85.6    88.1    79.8    79.8  |      .1       .4      1.2      1.9 
  Primary and semifinished                                |               |   80.5    76.2    77.1    75.6    75.3  |      .3       .0      -.2       .1 
  Finished                                                |               |   76.9    74.1    75.6    75.2    74.8  |     -.4      -.2       .2      -.2 
 --------------------------------------------------------------------------------------------------------------------------------------------------------
 1.  See footnote 2 to table 2.
 
 
 
 Table 7A
 Industrial Production: Manufacturing <1>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|Annual <2>
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 IP (percent     |                                                                                    |                            |
 change)         |                                                                                    |                            |
  1987           |   -.3    1.5     .1     .6     .7     .3     .8     .6     .5    1.6     .6     .6 |   5.8    7.1    7.7   11.5 |      5.7 
  1988           |   -.2     .2     .3     .9    -.2     .2     .0     .1     .4     .5     .3     .5 |   2.8    4.3     .8    4.5 |      5.4 
                 |                                                                                    |                            |
  1989           |    .8   -1.0    -.1     .3    -.9     .2   -1.1     .9    -.3    -.2     .2     .1 |   2.1   -2.8   -3.2     .4 |       .8 
  1990           |   -.2    1.5     .5    -.2     .1     .3    -.2     .3     .0    -.8   -1.1    -.7 |   4.3    3.1    1.1   -6.7 |       .8 
  1991           |   -.7    -.7    -.7     .3     .7    1.0     .3     .2    1.1    -.2    -.2    -.2 |  -8.8    1.8    7.2    1.6 |     -1.9 
  1992           |   -.6     .9    1.0     .5     .6     .3     .9    -.4     .1     .6     .4    -.1 |    .5    8.3    4.1    3.2 |      3.7 
  1993           |   1.0     .2    -.2     .5    -.1    -.2     .3    -.2     .6     .8     .4     .6 |   4.5    1.4     .8    6.9 |      3.5 
                 |                                                                                    |                            |
  1994           |    .2     .1    1.3     .8     .7     .3     .4     .8     .5    1.0     .8    1.1 |   4.8    9.4    6.1   10.3 |      5.8 
  1995           |    .2    -.3     .2    -.1     .1     .5    -.7    1.1     .9    -.1     .1     .4 |   4.4     .8    3.0    4.4 |      5.1 
  1996           |   -.8    1.6    -.2    1.1     .8    1.0     .2     .6     .8    -.2     .9     .9 |   2.0   10.0    7.5    6.0 |      4.9 
  1997           |    .1    1.4    1.1    -.2     .8     .7     .7    1.3     .9     .9    1.1     .4 |   9.3    7.2   10.5   11.4 |      8.4 
  1998           |    .8     .1    -.1     .5     .5    -.8    -.4    2.4    -.2    1.0     .2     .6 |   6.0    2.1    3.3    8.1 |      6.6 
                 |                                                                                    |                            |
  1999           |    .3     .8     .0     .4     .9    -.3     .5     .6    -.4    1.5     .6     .7 |   5.2    4.6    3.3    8.6 |      5.1 
  2000           |    .1     .2     .6     .7    -.1     .2     .1    -.7     .4    -.3    -.3    -.6 |   4.4    4.9    -.4   -2.4 |      4.1 
  2001           |   -.6    -.6    -.3    -.2    -.7    -.7    -.5    -.5    -.2    -.6    -.3     .3 |  -6.0   -5.2   -6.0   -4.0 |     -3.7 
  2002           |    .5     .0     .8     .2     .5    1.1    -.4     .2     .1    -.4     .4    -.5 |   3.6    5.9    3.1    -.4 |       .4 
  2003           |    .5     .1     .1    -.8     .1     .5     .2    -.4     .8     .1    1.0    -.2 |   1.7   -1.9    2.2    4.6 |      1.3 
                 |                                                                                    |                            |
  2004           |   -.1     .7    -.1     .4     .8    -.7     .9     .5     .0    1.0    -.1     .7 |   2.4    3.4    4.0    5.4 |      3.1 
  2005           |    .7     .8    -.5     .3     .4     .2    -.4     .4   -1.0    1.5     .8     .2 |   6.4    2.3    -.8    6.3 |      4.0 
  2006           |    .8    -.3    -.1     .5    -.5     .3    -.3     .6     .1    -.4     .1    1.5 |   3.8     .8     .8    1.7 |      2.5 
  2007           |   -.5     .4     .8     .7    -.1     .3     .1    -.3     .4    -.4     .5     .1 |   4.2    5.9     .7     .5 |      2.7 
  2008           |   -.4    -.6    -.3   -1.1    -.5    -.6   -1.2   -1.1   -3.4    -.6   -2.3   -3.5 |  -2.8   -7.8  -13.5  -21.4 |     -4.8 
                 |                                                                                    |                            |
  2009           |  -3.0    -.2   -1.9    -.8   -1.1    -.4    1.4    1.2     .8     .2    1.0    -.2 | -24.3  -11.5    7.4    6.9 |    -13.8 
  2010           |   1.1    -.1    1.2     .9    1.4    -.1     .6     .2     .1     .1     .0     .4 |   6.7   10.8    4.9    1.6 |      5.8 
  2011           |    .2     .1     .6    -.6     .1     .1     .5     .4     .3     .6    -.4     .6 |   2.9    -.4    3.9    3.6 |      2.9 
  2012           |    .9     .4    -.5     .6    -.4     .2    -.1    -.2     .0    -.2     .8     .7 |   5.3     .8   -1.0    1.8 |      2.6 
  2013           |   -.3     .5    -.2    -.4     .2     .2   -1.1    1.0     .1     .1     .0     .0 |   2.8    -.6    -.6    2.0 |       .9 
                 |                                                                                    |                            |
  2014           |  -1.0    1.1     .8     .0     .2     .3     .2    -.4     .0     .0     .9    -.4 |   -.4    4.4    1.1    1.2 |      1.2 
  2015           |   -.4    -.5     .3     .1    -.1    -.3     .6    -.1    -.3     .2    -.1    -.3 |  -2.2    -.2    1.0    -.9 |       .1 
  2016           |    .6    -.2    -.2     .0    -.2     .2     .1    -.4     .2     .2     .2     .1 |    .7   -1.1    -.1    1.6 |       .0 
  2017           |    .6     .5                                                                       |                            |          
                 |                                                                                    |                            |
 IP (2012=100)   |                                                                                    |                            |
  1987           |  57.0   57.9   57.9   58.2   58.7   58.9   59.3   59.7   60.0   61.0   61.3   61.7 |  57.6   58.6   59.7   61.3 |     59.3 
  1988           |  61.6   61.7   61.9   62.4   62.3   62.4   62.4   62.5   62.7   63.0   63.2   63.5 |  61.7   62.4   62.5   63.2 |     62.5 
                 |                                                                                    |                            |
  1989           |  64.0   63.4   63.3   63.4   62.9   63.0   62.3   62.8   62.6   62.5   62.7   62.7 |  63.5   63.1   62.6   62.7 |     63.0 
  1990           |  62.6   63.5   63.8   63.7   63.8   64.0   63.9   64.1   64.0   63.5   62.8   62.3 |  63.3   63.8   64.0   62.9 |     63.5 
  1991           |  61.9   61.5   61.0   61.2   61.7   62.3   62.5   62.6   63.3   63.2   63.1   63.0 |  61.5   61.7   62.8   63.1 |     62.3 
  1992           |  62.6   63.1   63.8   64.1   64.5   64.7   65.3   65.0   65.0   65.4   65.7   65.6 |  63.2   64.4   65.1   65.6 |     64.6 
  1993           |  66.3   66.4   66.3   66.6   66.6   66.5   66.6   66.5   66.9   67.5   67.8   68.2 |  66.3   66.6   66.7   67.8 |     66.8 
                 |                                                                                    |                            |
  1994           |  68.3   68.3   69.2   69.8   70.3   70.4   70.7   71.3   71.6   72.3   72.9   73.7 |  68.6   70.2   71.2   73.0 |     70.7 
  1995           |  73.8   73.6   73.8   73.7   73.8   74.2   73.7   74.5   75.2   75.1   75.2   75.5 |  73.8   73.9   74.5   75.3 |     74.3 
  1996           |  74.9   76.1   75.9   76.8   77.4   78.2   78.4   78.8   79.5   79.3   80.0   80.7 |  75.6   77.5   78.9   80.0 |     78.0 
  1997           |  80.8   81.9   82.8   82.7   83.3   83.9   84.4   85.5   86.2   87.0   87.9   88.3 |  81.8   83.3   85.4   87.7 |     84.6 
  1998           |  89.0   89.1   89.0   89.4   89.9   89.2   88.8   91.0   90.8   91.7   91.9   92.4 |  89.0   89.5   90.2   92.0 |     90.2 
                 |                                                                                    |                            |
  1999           |  92.7   93.4   93.4   93.7   94.6   94.3   94.7   95.3   94.9   96.3   96.9   97.6 |  93.1   94.2   95.0   96.9 |     94.8 
  2000           |  97.7   97.8   98.5   99.2   99.1   99.3   99.4   98.7   99.1   98.8   98.6   98.0 |  98.0   99.2   99.1   98.5 |     98.7 
  2001           |  97.5   96.9   96.6   96.4   95.6   95.0   94.6   94.1   93.9   93.3   93.1   93.3 |  97.0   95.7   94.2   93.3 |     95.0 
  2002           |  93.8   93.8   94.6   94.8   95.3   96.3   96.0   96.2   96.3   96.0   96.4   95.9 |  94.1   95.4   96.2   96.1 |     95.4 
  2003           |  96.4   96.5   96.6   95.8   95.9   96.4   96.6   96.1   96.9   97.0   98.0   97.8 |  96.5   96.0   96.5   97.6 |     96.7 
                 |                                                                                    |                            |
  2004           |  97.8   98.5   98.4   98.8   99.6   98.8   99.7  100.2  100.2  101.2  101.1  101.8 |  98.2   99.1  100.0  101.3 |     99.7 
  2005           | 102.6  103.4  102.9  103.2  103.6  103.8  103.4  103.8  102.8  104.3  105.1  105.3 | 102.9  103.5  103.3  104.9 |    103.7 
  2006           | 106.1  105.8  105.8  106.3  105.8  106.2  105.9  106.5  106.6  106.2  106.3  107.8 | 105.9  106.1  106.3  106.8 |    106.3 
  2007           | 107.3  107.7  108.6  109.4  109.3  109.6  109.7  109.4  109.8  109.4  109.9  110.0 | 107.9  109.4  109.6  109.8 |    109.2 
  2008           | 109.5  108.9  108.5  107.3  106.8  106.2  105.0  103.7  100.2   99.6   97.3   93.9 | 109.0  106.8  103.0   97.0 |    103.9 
                 |                                                                                    |                            |
  2009           |  91.1   90.9   89.2   88.5   87.5   87.2   88.4   89.4   90.1   90.3   91.2   91.0 |  90.4   87.7   89.3   90.8 |     89.6 
  2010           |  91.9   91.9   93.0   93.8   95.2   95.1   95.7   95.9   95.9   96.1   96.1   96.5 |  92.3   94.7   95.8   96.2 |     94.8 
  2011           |  96.7   96.7   97.3   96.7   96.8   96.9   97.4   97.7   98.0   98.6   98.3   98.9 |  96.9   96.8   97.7   98.6 |     97.5 
  2012           |  99.8  100.2   99.6  100.3   99.9  100.1   99.9   99.8   99.7   99.5  100.3  101.0 |  99.9  100.1   99.8  100.3 |    100.0 
  2013           | 100.7  101.2  101.0  100.6  100.8  101.0  100.0  101.0  101.1  101.2  101.2  101.1 | 101.0  100.8  100.7  101.2 |    100.9 
                 |                                                                                    |                            |
  2014           | 100.1  101.2  101.9  101.9  102.1  102.4  102.7  102.3  102.3  102.3  103.2  102.8 | 101.1  102.1  102.4  102.7 |    102.1 
  2015           | 102.4  101.9  102.2  102.2  102.2  101.9  102.5  102.4  102.1  102.3  102.2  101.9 | 102.1  102.1  102.3  102.1 |    102.2 
  2016           | 102.5  102.3  102.1  102.1  101.9  102.1  102.1  101.8  102.0  102.2  102.4  102.5 | 102.3  102.0  102.0  102.4 |    102.2 
  2017           | 103.1  103.6                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> See footnote 2 to table 2.
 <2> Annual averages of industrial production are calculated from not seasonally adjusted indexes.
 
 
 
 Table 7B
 Capacity and Utilization: Manufacturing <1>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|    Annual
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
 (percent of     |                                                                                    |                            |
 2012 output)    |                                                                                    |                            |
  1987           |  72.3   72.4   72.6   72.8   73.0   73.2   73.4   73.5   73.7   73.8   73.9   74.0 |  72.4   73.0   73.5   73.9 |     73.2 
  1988           |  74.1   74.2   74.2   74.3   74.3   74.3   74.3   74.4   74.4   74.5   74.5   74.6 |  74.2   74.3   74.4   74.5 |     74.3 
                 |                                                                                    |                            |
  1989           |  74.7   74.8   75.0   75.1   75.3   75.5   75.6   75.8   76.0   76.2   76.4   76.6 |  74.9   75.3   75.8   76.4 |     75.6 
  1990           |  76.8   77.0   77.2   77.4   77.6   77.8   77.9   78.1   78.2   78.3   78.5   78.6 |  77.0   77.6   78.1   78.5 |     77.8 
  1991           |  78.7   78.8   78.9   79.0   79.1   79.2   79.3   79.4   79.5   79.6   79.8   79.9 |  78.8   79.1   79.4   79.8 |     79.3 
  1992           |  80.1   80.3   80.5   80.7   80.9   81.1   81.3   81.5   81.7   81.9   82.1   82.2 |  80.3   80.9   81.5   82.1 |     81.2 
  1993           |  82.4   82.5   82.7   82.8   82.9   83.0   83.2   83.3   83.4   83.6   83.7   83.9 |  82.5   82.9   83.3   83.7 |     83.1 
                 |                                                                                    |                            |
  1994           |  84.1   84.3   84.5   84.8   85.0   85.3   85.6   85.9   86.2   86.5   86.8   87.1 |  84.3   85.0   85.9   86.8 |     85.5 
  1995           |  87.4   87.8   88.1   88.4   88.8   89.2   89.6   90.0   90.4   90.8   91.2   91.7 |  87.8   88.8   90.0   91.3 |     89.4 
  1996           |  92.2   92.7   93.2   93.7   94.2   94.7   95.2   95.8   96.3   96.8   97.3   97.9 |  92.7   94.2   95.8   97.3 |     95.0 
  1997           |  98.4   99.0   99.6  100.2  100.8  101.4  102.1  102.7  103.5  104.2  105.0  105.7 |  99.0  100.8  102.7  105.0 |    101.9 
  1998           | 106.5  107.3  108.1  108.9  109.7  110.5  111.2  111.9  112.5  113.2  113.8  114.4 | 107.3  109.7  111.8  113.8 |    110.7 
                 |                                                                                    |                            |
  1999           | 115.0  115.5  116.1  116.6  117.1  117.7  118.2  118.7  119.2  119.7  120.2  120.7 | 115.5  117.1  118.7  120.2 |    117.9 
  2000           | 121.2  121.7  122.2  122.7  123.2  123.6  124.1  124.6  125.1  125.6  126.1  126.5 | 121.7  123.2  124.6  126.0 |    123.9 
  2001           | 127.0  127.4  127.8  128.2  128.6  128.9  129.2  129.4  129.7  129.9  130.1  130.2 | 127.4  128.5  129.4  130.1 |    128.9 
  2002           | 130.4  130.5  130.6  130.6  130.7  130.7  130.7  130.7  130.7  130.8  130.8  130.8 | 130.5  130.7  130.7  130.8 |    130.7 
  2003           | 130.8  130.8  130.7  130.7  130.7  130.7  130.7  130.7  130.6  130.6  130.6  130.5 | 130.8  130.7  130.7  130.6 |    130.7 
                 |                                                                                    |                            |
  2004           | 130.5  130.4  130.4  130.4  130.3  130.3  130.3  130.4  130.4  130.5  130.6  130.8 | 130.4  130.3  130.4  130.7 |    130.5 
  2005           | 131.0  131.2  131.4  131.7  131.9  132.2  132.5  132.8  133.1  133.3  133.6  133.8 | 131.2  131.9  132.8  133.6 |    132.4 
  2006           | 134.0  134.3  134.5  134.7  134.8  135.1  135.3  135.5  135.7  136.0  136.3  136.5 | 134.3  134.9  135.5  136.3 |    135.2 
  2007           | 136.9  137.2  137.5  137.8  138.2  138.5  138.8  139.1  139.3  139.5  139.7  139.8 | 137.2  138.2  139.1  139.6 |    138.5 
  2008           | 139.8  139.8  139.7  139.6  139.5  139.3  139.2  139.0  138.8  138.6  138.3  138.1 | 139.8  139.5  139.0  138.3 |    139.1 
                 |                                                                                    |                            |
  2009           | 137.9  137.7  137.4  137.2  137.0  136.8  136.5  136.3  136.1  135.9  135.7  135.5 | 137.7  137.0  136.3  135.7 |    136.7 
  2010           | 135.2  135.0  134.8  134.6  134.3  134.1  133.9  133.6  133.4  133.2  133.0  132.8 | 135.0  134.3  133.6  133.0 |    134.0 
  2011           | 132.6  132.5  132.4  132.3  132.2  132.2  132.2  132.2  132.3  132.4  132.5  132.6 | 132.5  132.2  132.2  132.5 |    132.4 
  2012           | 132.7  132.9  133.0  133.2  133.4  133.5  133.7  133.9  134.0  134.2  134.3  134.5 | 132.9  133.4  133.9  134.3 |    133.6 
  2013           | 134.6  134.8  134.9  135.0  135.1  135.1  135.2  135.2  135.3  135.3  135.4  135.4 | 134.8  135.1  135.2  135.4 |    135.1 
                 |                                                                                    |                            |
  2014           | 135.4  135.4  135.4  135.4  135.4  135.4  135.4  135.4  135.4  135.3  135.3  135.3 | 135.4  135.4  135.4  135.3 |    135.4 
  2015           | 135.3  135.2  135.2  135.2  135.2  135.2  135.2  135.3  135.3  135.4  135.4  135.5 | 135.2  135.2  135.3  135.4 |    135.3 
  2016           | 135.6  135.6  135.7  135.8  135.9  136.0  136.1  136.2  136.2  136.3  136.4  136.5 | 135.6  135.9  136.2  136.4 |    136.0 
  2017           | 136.5  136.6                                                                       |                            |          
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
 (percent)       |                                                                                    |                            |
  1987           |  78.9   79.9   79.7   80.0   80.4   80.4   80.9   81.2   81.5   82.6   82.9   83.3 |  79.5   80.3   81.2   82.9 |     81.0 
  1988           |  83.1   83.2   83.4   84.1   83.9   84.0   84.0   84.0   84.2   84.6   84.7   85.0 |  83.2   84.0   84.1   84.8 |     84.0 
                 |                                                                                    |                            |
  1989           |  85.6   84.6   84.4   84.4   83.5   83.5   82.3   82.8   82.4   82.1   82.0   81.9 |  84.9   83.8   82.5   82.0 |     83.3 
  1990           |  81.5   82.5   82.7   82.3   82.2   82.3   82.0   82.0   81.9   81.1   80.0   79.3 |  82.2   82.2   82.0   80.1 |     81.6 
  1991           |  78.6   78.0   77.3   77.5   78.0   78.7   78.8   78.9   79.6   79.3   79.1   78.8 |  78.0   78.1   79.1   79.1 |     78.6 
  1992           |  78.1   78.6   79.3   79.5   79.7   79.8   80.3   79.7   79.6   79.9   80.1   79.8 |  78.7   79.7   79.9   79.9 |     79.5 
  1993           |  80.4   80.5   80.2   80.5   80.3   80.0   80.1   79.8   80.2   80.8   80.9   81.2 |  80.3   80.3   80.1   81.0 |     80.4 
                 |                                                                                    |                            |
  1994           |  81.2   81.1   81.9   82.3   82.6   82.6   82.7   83.0   83.1   83.7   84.0   84.6 |  81.4   82.5   82.9   84.1 |     82.7 
  1995           |  84.4   83.9   83.8   83.3   83.1   83.2   82.3   82.8   83.2   82.7   82.4   82.3 |  84.0   83.2   82.8   82.5 |     83.1 
  1996           |  81.2   82.1   81.5   82.0   82.2   82.6   82.3   82.3   82.5   82.0   82.2   82.5 |  81.6   82.2   82.4   82.2 |     82.1 
  1997           |  82.1   82.8   83.2   82.5   82.7   82.7   82.7   83.2   83.4   83.5   83.8   83.5 |  82.7   82.6   83.1   83.6 |     83.0 
  1998           |  83.5   83.0   82.3   82.1   81.9   80.7   79.9   81.4   80.7   81.0   80.7   80.8 |  82.9   81.6   80.7   80.8 |     81.5 
                 |                                                                                    |                            |
  1999           |  80.6   80.9   80.4   80.4   80.7   80.1   80.1   80.3   79.6   80.5   80.7   80.9 |  80.6   80.4   80.0   80.7 |     80.4 
  2000           |  80.6   80.4   80.6   80.9   80.4   80.3   80.1   79.2   79.2   78.7   78.2   77.5 |  80.5   80.5   79.5   78.1 |     79.7 
  2001           |  76.8   76.0   75.6   75.2   74.4   73.7   73.2   72.7   72.4   71.9   71.6   71.7 |  76.1   74.4   72.8   71.7 |     73.8 
  2002           |  72.0   71.9   72.4   72.5   72.9   73.7   73.4   73.6   73.7   73.4   73.7   73.3 |  72.1   73.1   73.6   73.5 |     73.1 
  2003           |  73.7   73.8   73.9   73.3   73.4   73.7   73.9   73.6   74.2   74.3   75.1   75.0 |  73.8   73.5   73.9   74.8 |     74.0 
                 |                                                                                    |                            |
  2004           |  74.9   75.5   75.4   75.8   76.4   75.8   76.5   76.9   76.8   77.5   77.4   77.8 |  75.3   76.0   76.7   77.6 |     76.4 
  2005           |  78.3   78.8   78.3   78.4   78.5   78.5   78.0   78.1   77.2   78.2   78.7   78.7 |  78.5   78.5   77.8   78.5 |     78.3 
  2006           |  79.2   78.8   78.7   79.0   78.5   78.6   78.3   78.6   78.5   78.1   78.0   79.0 |  78.9   78.7   78.5   78.4 |     78.6 
  2007           |  78.4   78.5   79.0   79.4   79.1   79.2   79.0   78.6   78.8   78.4   78.7   78.7 |  78.6   79.2   78.8   78.6 |     78.8 
  2008           |  78.4   77.9   77.7   76.9   76.6   76.2   75.4   74.7   72.2   71.9   70.3   68.0 |  78.0   76.5   74.1   70.1 |     74.7 
                 |                                                                                    |                            |
  2009           |  66.1   66.1   64.9   64.5   63.9   63.7   64.7   65.6   66.2   66.4   67.2   67.1 |  65.7   64.0   65.5   66.9 |     65.5 
  2010           |  68.0   68.1   69.0   69.7   70.8   70.9   71.5   71.7   71.9   72.1   72.3   72.6 |  68.3   70.5   71.7   72.3 |     70.7 
  2011           |  72.9   73.0   73.5   73.1   73.2   73.3   73.7   73.9   74.1   74.5   74.2   74.6 |  73.1   73.2   73.9   74.4 |     73.7 
  2012           |  75.2   75.4   74.9   75.3   74.9   74.9   74.7   74.5   74.4   74.2   74.6   75.1 |  75.2   75.0   74.6   74.6 |     74.8 
  2013           |  74.8   75.1   74.9   74.5   74.7   74.8   73.9   74.6   74.7   74.8   74.7   74.7 |  74.9   74.6   74.4   74.7 |     74.7 
                 |                                                                                    |                            |
  2014           |  73.9   74.7   75.3   75.2   75.4   75.6   75.8   75.6   75.6   75.6   76.2   76.0 |  74.6   75.4   75.6   75.9 |     75.4 
  2015           |  75.7   75.3   75.6   75.6   75.6   75.3   75.8   75.7   75.5   75.6   75.5   75.2 |  75.5   75.5   75.7   75.4 |     75.5 
  2016           |  75.6   75.4   75.2   75.1   75.0   75.1   75.1   74.7   74.9   75.0   75.1   75.1 |  75.4   75.1   74.9   75.1 |     75.1 
  2017           |  75.5   75.8                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> See footnote 2 to table 2.
 
 
 
 Table 8A
 Industrial Production: Total Industry Excluding Selected High-Technology Industries <1>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|Annual <2>
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 IP (percent     |                                                                                    |                            |
 change)         |                                                                                    |                            |
  1987           |   -.5    1.2     .2     .5     .5     .4     .6     .7     .2    1.4     .5     .4 |   4.3    6.4    6.4    9.1 |      4.3 
  1988           |    .0     .4     .2     .5    -.2     .2     .0     .4    -.3     .5     .2     .5 |   3.3    2.8     .9    2.6 |      4.5 
                 |                                                                                    |                            |
  1989           |    .3    -.4     .3     .0    -.7     .0   -1.0     .9    -.4    -.2     .3     .6 |   2.0   -1.6   -3.3     .9 |       .6 
  1990           |   -.8    1.0     .5    -.2     .1     .3    -.1     .3     .1    -.8   -1.3    -.7 |   2.0    2.6    1.3   -6.7 |       .4 
  1991           |   -.4    -.8    -.6     .2    1.0     .9     .1     .0     .9    -.2    -.2    -.6 |  -8.0    1.9    5.4     .4 |     -2.0 
  1992           |   -.8     .7     .8     .6     .2    -.1     .8    -.6     .1     .6     .3     .1 |  -1.9    6.2    2.0    2.9 |      1.9 
  1993           |    .4     .4    -.2     .3    -.4     .2     .3    -.2     .4     .7     .3     .5 |   3.1     .2    1.3    5.3 |      2.5 
                 |                                                                                    |                            |
  1994           |    .3     .0     .9     .3     .4     .6     .0     .4     .1     .6     .4     .9 |   4.3    5.4    3.2    5.8 |      4.0 
  1995           |    .1    -.2    -.1    -.2     .1     .2    -.5    1.0     .1    -.4     .1     .1 |   2.8   -1.2    1.3     .4 |      2.4 
  1996           |  -1.0    1.3    -.3     .8     .5     .6    -.5     .4     .5    -.4     .8     .5 |   -.6    6.6    2.0    3.1 |      1.7 
  1997           |   -.1     .9     .4    -.3     .3     .2     .5     .8     .6     .7     .6     .1 |   5.1    2.3    6.4    7.6 |      4.2 
  1998           |    .3     .0     .0     .1     .6    -.9    -.7    1.9    -.5     .5    -.3     .1 |   2.2     .7    -.3    2.4 |      3.1 
                 |                                                                                    |                            |
  1999           |    .1     .2    -.1    -.1     .5    -.5     .3     .4    -.5    1.2     .2     .6 |    .6     .3     .9    5.6 |      1.1 
  2000           |   -.3     .0     .1     .5    -.1    -.1    -.5    -.5     .3    -.4    -.2    -.5 |    .6    1.7   -3.2   -2.6 |      1.0 
  2001           |   -.7    -.6    -.3    -.1    -.6    -.5    -.4    -.1    -.4    -.5    -.5    -.1 |  -5.8   -4.2   -4.5   -4.4 |     -3.9 
  2002           |    .7    -.1     .8     .4     .5     .9    -.3    -.1     .1    -.4     .5    -.6 |   2.5    6.2    2.0    -.7 |       .2 
  2003           |    .5     .2    -.3    -.9    -.1     .0     .2    -.3     .5     .0     .8    -.1 |   1.2   -4.5     .6    2.8 |       .2 
                 |                                                                                    |                            |
  2004           |    .1     .6    -.6     .5     .8    -.9     .8     .0     .0     .9     .2     .7 |   1.8    2.2    2.0    5.2 |      1.8 
  2005           |    .3     .6    -.2     .0     .1     .4    -.4     .1   -2.1    1.2    1.0     .6 |   4.8    1.3   -3.0    2.7 |      2.6 
  2006           |    .1     .0     .2     .4    -.2     .3    -.1     .3    -.3    -.1    -.1    1.1 |   3.3    1.8     .5     .3 |      1.4 
  2007           |   -.6    1.0     .0     .6     .1     .1    -.1     .1     .2    -.7     .3    -.1 |   3.0    4.0     .9   -1.0 |      1.8 
  2008           |   -.4    -.5    -.4    -.8    -.6    -.2    -.5   -1.5   -4.4    1.2   -1.0   -2.8 |  -2.8   -6.5  -12.3  -14.7 |     -4.3 
                 |                                                                                    |                            |
  2009           |  -2.4    -.7   -1.7   -1.0   -1.1    -.4    1.1    1.1     .7     .3     .4     .3 | -20.4  -12.3    5.6    6.0 |    -11.5 
  2010           |   1.1     .2     .6     .4    1.5     .2     .4     .4     .3    -.3     .0     .8 |   7.0    8.0    5.8    1.1 |      5.0 
  2011           |   -.2    -.5    1.0    -.4     .2     .2     .4     .5    -.1     .8    -.2     .5 |   1.5    1.3    4.0    3.9 |      2.8 
  2012           |    .6     .3    -.6     .8     .2     .0     .2    -.4    -.1     .2     .5     .3 |   3.6    2.2     .1    2.0 |      2.7 
  2013           |   -.1     .6     .3    -.1     .0     .2    -.6     .8     .5    -.1     .3     .3 |   3.0    1.1     .5    3.0 |      1.7 
                 |                                                                                    |                            |
  2014           |   -.5    1.0     .9     .2     .2     .4     .0    -.1     .3     .1     .8    -.2 |   3.0    5.7    1.5    2.7 |      2.9 
  2015           |   -.7    -.2    -.3    -.4    -.4    -.3     .5     .0    -.3    -.2    -.6    -.5 |  -3.3   -4.1     .4   -3.8 |      -.8 
  2016           |    .5    -.2    -.7     .3    -.1     .4     .1    -.1    -.2     .2    -.2     .7 |  -1.5    -.8     .6     .5 |     -1.3 
  2017           |   -.1     .1                                                                       |                            |          
                 |                                                                                    |                            |
 IP (2012=100)   |                                                                                    |                            |
  1987           |  77.1   78.0   78.1   78.6   79.0   79.3   79.8   80.3   80.5   81.6   82.0   82.3 |  77.7   79.0   80.2   82.0 |     79.7 
  1988           |  82.3   82.7   82.8   83.2   83.1   83.2   83.2   83.6   83.3   83.7   83.8   84.2 |  82.6   83.2   83.4   83.9 |     83.3 
                 |                                                                                    |                            |
  1989           |  84.5   84.1   84.4   84.4   83.8   83.8   82.9   83.6   83.3   83.2   83.4   83.9 |  84.3   84.0   83.3   83.5 |     83.8 
  1990           |  83.2   84.1   84.4   84.3   84.4   84.6   84.5   84.8   84.9   84.2   83.1   82.5 |  83.9   84.4   84.7   83.3 |     84.1 
  1991           |  82.2   81.5   81.0   81.2   81.9   82.7   82.8   82.8   83.5   83.4   83.2   82.7 |  81.5   81.9   83.0   83.1 |     82.4 
  1992           |  82.1   82.7   83.3   83.9   84.1   84.0   84.7   84.2   84.3   84.8   85.1   85.1 |  82.7   84.0   84.4   85.0 |     84.0 
  1993           |  85.5   85.8   85.6   85.9   85.5   85.6   85.9   85.8   86.1   86.7   87.0   87.4 |  85.6   85.7   85.9   87.1 |     86.1 
                 |                                                                                    |                            |
  1994           |  87.7   87.7   88.5   88.7   89.1   89.6   89.6   89.9   90.0   90.6   91.0   91.8 |  88.0   89.1   89.8   91.1 |     89.5 
  1995           |  91.9   91.7   91.6   91.4   91.4   91.6   91.1   92.1   92.1   91.8   91.8   91.9 |  91.7   91.5   91.8   91.8 |     91.7 
  1996           |  91.0   92.2   91.9   92.7   93.2   93.7   93.3   93.6   94.1   93.7   94.5   94.9 |  91.7   93.2   93.7   94.4 |     93.2 
  1997           |  94.9   95.7   96.1   95.8   96.1   96.3   96.9   97.6   98.3   99.0   99.6   99.7 |  95.6   96.1   97.6   99.4 |     97.2 
  1998           | 100.0  100.0   99.9  100.1  100.6   99.7   99.0  100.9  100.3  100.9  100.5  100.6 | 100.0  100.1  100.1  100.7 |    100.2 
                 |                                                                                    |                            |
  1999           | 100.7  100.9  100.8  100.7  101.2  100.8  101.0  101.4  100.9  102.1  102.4  103.0 | 100.8  100.9  101.1  102.5 |    101.3 
  2000           | 102.6  102.6  102.7  103.2  103.1  103.0  102.5  102.0  102.3  101.9  101.7  101.2 | 102.6  103.1  102.3  101.6 |    102.4 
  2001           | 100.5  100.0   99.7   99.6   99.0   98.5   98.1   98.0   97.6   97.1   96.6   96.6 | 100.1   99.0   97.9   96.8 |     98.4 
  2002           |  97.2   97.1   97.8   98.2   98.7   99.6   99.3   99.3   99.4   99.0   99.5   98.9 |  97.4   98.8   99.3   99.2 |     98.7 
  2003           |  99.5   99.6   99.3   98.4   98.3   98.3   98.5   98.2   98.7   98.7   99.5   99.3 |  99.5   98.3   98.5   99.2 |     98.9 
                 |                                                                                    |                            |
  2004           |  99.4  100.0   99.4   99.9  100.7   99.8  100.6  100.7  100.7  101.6  101.8  102.5 |  99.6  100.2  100.7  101.9 |    100.6 
  2005           | 102.8  103.4  103.2  103.2  103.4  103.8  103.3  103.4  101.3  102.5  103.5  104.1 | 103.1  103.5  102.7  103.4 |    103.2 
  2006           | 104.2  104.1  104.3  104.7  104.5  104.8  104.7  105.0  104.7  104.6  104.5  105.6 | 104.2  104.7  104.8  104.9 |    104.6 
  2007           | 105.0  106.0  106.0  106.6  106.7  106.8  106.8  106.9  107.2  106.5  106.8  106.7 | 105.7  106.7  106.9  106.7 |    106.5 
  2008           | 106.4  105.9  105.5  104.6  104.0  103.8  103.3  101.8   97.3   98.4   97.4   94.7 | 105.9  104.1  100.8   96.8 |    101.9 
                 |                                                                                    |                            |
  2009           |  92.4   91.8   90.2   89.3   88.3   87.9   88.9   89.9   90.5   90.8   91.1   91.3 |  91.5   88.5   89.7   91.1 |     90.2 
  2010           |  92.3   92.5   93.1   93.4   94.8   95.0   95.4   95.8   96.1   95.8   95.8   96.5 |  92.6   94.4   95.8   96.0 |     94.7 
  2011           |  96.4   95.9   96.9   96.5   96.7   96.9   97.3   97.9   97.8   98.5   98.4   98.9 |  96.4   96.7   97.7   98.6 |     97.3 
  2012           |  99.5   99.8   99.1   99.9  100.1  100.0  100.3   99.9   99.9  100.1  100.6  100.9 |  99.5  100.0  100.0  100.5 |    100.0 
  2013           | 100.8  101.4  101.6  101.5  101.5  101.6  101.0  101.8  102.2  102.1  102.4  102.7 | 101.3  101.5  101.7  102.4 |    101.7 
                 |                                                                                    |                            |
  2014           | 102.2  103.2  104.1  104.3  104.6  105.0  105.0  104.9  105.2  105.3  106.1  105.9 | 103.2  104.6  105.0  105.7 |    104.6 
  2015           | 105.1  104.9  104.5  104.1  103.7  103.4  104.0  104.0  103.7  103.4  102.8  102.3 | 104.8  103.8  103.9  102.9 |    103.8 
  2016           | 102.9  102.7  101.9  102.2  102.1  102.5  102.6  102.5  102.3  102.5  102.2  103.0 | 102.5  102.3  102.4  102.6 |    102.4 
  2017           | 102.8  102.9                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> High technology industries include computers, communications equipment, and semiconductors and related electronic components.
 <2> Annual averages of industrial production are calculated from not seasonally adjusted indexes.
 
 
 
 Table 8B
 Capacity and Utilization: Total Industry Excluding Selected High-Technology Industries <1>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|    Annual
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
 (percent of     |                                                                                    |                            |
 2012 output)    |                                                                                    |                            |
  1987           |  97.4   97.5   97.6   97.7   97.8   97.9   98.0   98.1   98.2   98.3   98.3   98.4 |  97.5   97.8   98.1   98.3 |     97.9 
  1988           |  98.4   98.4   98.4   98.4   98.4   98.4   98.4   98.5   98.5   98.5   98.6   98.7 |  98.4   98.4   98.5   98.6 |     98.5 
                 |                                                                                    |                            |
  1989           |  98.8   98.9   99.0   99.2   99.3   99.5   99.7   99.8  100.0  100.2  100.4  100.6 |  98.9   99.3   99.8  100.4 |     99.6 
  1990           | 100.7  100.9  101.1  101.2  101.4  101.5  101.6  101.8  101.9  102.0  102.1  102.3 | 100.9  101.4  101.8  102.1 |    101.5 
  1991           | 102.4  102.5  102.6  102.7  102.8  102.9  103.0  103.2  103.3  103.4  103.5  103.6 | 102.5  102.8  103.2  103.5 |    103.0 
  1992           | 103.7  103.8  103.9  104.0  104.2  104.3  104.4  104.5  104.6  104.7  104.8  105.0 | 103.8  104.2  104.5  104.8 |    104.3 
  1993           | 105.1  105.2  105.3  105.4  105.5  105.6  105.7  105.8  105.9  106.0  106.1  106.2 | 105.2  105.5  105.8  106.1 |    105.6 
                 |                                                                                    |                            |
  1994           | 106.3  106.4  106.6  106.7  106.9  107.0  107.2  107.4  107.5  107.7  107.9  108.1 | 106.4  106.9  107.4  107.9 |    107.2 
  1995           | 108.3  108.5  108.7  108.9  109.1  109.3  109.5  109.7  109.9  110.1  110.3  110.5 | 108.5  109.1  109.7  110.3 |    109.4 
  1996           | 110.7  110.8  111.0  111.2  111.4  111.6  111.8  112.1  112.3  112.6  112.9  113.1 | 110.8  111.4  112.1  112.9 |    111.8 
  1997           | 113.5  113.8  114.1  114.5  114.9  115.2  115.7  116.1  116.5  117.0  117.4  117.8 | 113.8  114.9  116.1  117.4 |    115.5 
  1998           | 118.3  118.7  119.2  119.6  120.1  120.5  120.9  121.3  121.7  122.1  122.4  122.8 | 118.7  120.1  121.3  122.4 |    120.6 
                 |                                                                                    |                            |
  1999           | 123.1  123.4  123.7  124.0  124.2  124.5  124.7  124.9  125.2  125.4  125.5  125.7 | 123.4  124.2  124.9  125.5 |    124.5 
  2000           | 125.9  126.1  126.2  126.4  126.5  126.6  126.8  126.9  127.0  127.2  127.3  127.4 | 126.1  126.5  126.9  127.3 |    126.7 
  2001           | 127.6  127.7  127.8  128.0  128.1  128.3  128.4  128.6  128.7  128.8  129.0  129.1 | 127.7  128.1  128.6  129.0 |    128.3 
  2002           | 129.2  129.3  129.4  129.5  129.5  129.5  129.5  129.5  129.5  129.4  129.4  129.3 | 129.3  129.5  129.5  129.4 |    129.4 
  2003           | 129.2  129.1  129.0  128.9  128.8  128.7  128.7  128.6  128.5  128.5  128.4  128.4 | 129.1  128.8  128.6  128.4 |    128.7 
                 |                                                                                    |                            |
  2004           | 128.3  128.3  128.2  128.2  128.1  128.1  128.0  128.0  128.0  127.9  127.9  127.9 | 128.3  128.1  128.0  127.9 |    128.1 
  2005           | 127.9  128.0  128.0  128.1  128.2  128.3  128.4  128.5  128.6  128.8  128.9  129.1 | 128.0  128.2  128.5  128.9 |    128.4 
  2006           | 129.2  129.4  129.6  129.8  129.9  130.1  130.3  130.5  130.7  130.9  131.1  131.3 | 129.4  129.9  130.5  131.1 |    130.2 
  2007           | 131.4  131.6  131.7  131.8  131.9  131.9  131.9  131.9  131.8  131.7  131.6  131.5 | 131.6  131.9  131.9  131.6 |    131.7 
  2008           | 131.4  131.3  131.2  131.1  131.1  131.1  131.2  131.3  131.4  131.6  131.7  131.9 | 131.3  131.1  131.3  131.7 |    131.3 
                 |                                                                                    |                            |
  2009           | 132.0  132.2  132.3  132.3  132.4  132.3  132.2  132.1  131.9  131.7  131.4  131.1 | 132.2  132.3  132.1  131.4 |    132.0 
  2010           | 130.8  130.5  130.1  129.8  129.5  129.2  128.9  128.7  128.4  128.2  128.0  127.9 | 130.5  129.5  128.7  128.1 |    129.2 
  2011           | 127.7  127.6  127.5  127.5  127.5  127.5  127.5  127.5  127.6  127.7  127.9  128.0 | 127.6  127.5  127.6  127.9 |    127.6 
  2012           | 128.2  128.4  128.5  128.7  128.9  129.1  129.3  129.5  129.7  129.9  130.1  130.3 | 128.4  128.9  129.5  130.1 |    129.2 
  2013           | 130.4  130.6  130.7  130.9  131.0  131.1  131.2  131.3  131.4  131.4  131.5  131.6 | 130.6  131.0  131.3  131.5 |    131.1 
                 |                                                                                    |                            |
  2014           | 131.7  131.8  132.0  132.1  132.3  132.5  132.7  132.9  133.2  133.4  133.7  133.9 | 131.9  132.3  132.9  133.7 |    132.7 
  2015           | 134.2  134.4  134.6  134.8  134.9  135.0  135.1  135.1  135.2  135.1  135.1  135.1 | 134.4  134.9  135.1  135.1 |    134.9 
  2016           | 135.0  135.0  135.0  134.9  134.9  134.9  134.9  135.0  135.0  135.1  135.2  135.3 | 135.0  134.9  135.0  135.2 |    135.0 
  2017           | 135.4  135.5                                                                       |                            |          
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
 (percent)       |                                                                                    |                            |
  1987           |  79.1   80.0   80.1   80.4   80.8   81.0   81.4   81.9   81.9   83.0   83.4   83.7 |  79.7   80.7   81.7   83.4 |     81.4 
  1988           |  83.7   84.0   84.2   84.6   84.4   84.6   84.6   84.9   84.6   84.9   85.0   85.4 |  84.0   84.5   84.7   85.1 |     84.6 
                 |                                                                                    |                            |
  1989           |  85.6   85.1   85.2   85.1   84.4   84.2   83.2   83.8   83.3   83.0   83.1   83.4 |  85.3   84.6   83.4   83.2 |     84.1 
  1990           |  82.6   83.3   83.6   83.3   83.3   83.4   83.2   83.3   83.3   82.5   81.4   80.7 |  83.2   83.3   83.2   81.5 |     82.8 
  1991           |  80.2   79.5   78.9   79.0   79.7   80.3   80.3   80.2   80.9   80.6   80.4   79.9 |  79.6   79.7   80.5   80.3 |     80.0 
  1992           |  79.2   79.6   80.2   80.6   80.7   80.5   81.1   80.5   80.5   80.9   81.1   81.1 |  79.7   80.6   80.7   81.0 |     80.5 
  1993           |  81.4   81.6   81.3   81.5   81.1   81.1   81.3   81.1   81.3   81.8   82.0   82.3 |  81.4   81.2   81.3   82.1 |     81.5 
                 |                                                                                    |                            |
  1994           |  82.5   82.4   83.0   83.2   83.4   83.7   83.6   83.7   83.7   84.1   84.3   84.9 |  82.6   83.4   83.7   84.4 |     83.5 
  1995           |  84.9   84.5   84.3   83.9   83.8   83.8   83.2   83.9   83.8   83.3   83.3   83.2 |  84.5   83.8   83.6   83.3 |     83.8 
  1996           |  82.2   83.2   82.8   83.3   83.6   84.0   83.4   83.5   83.8   83.3   83.7   83.9 |  82.7   83.6   83.6   83.6 |     83.4 
  1997           |  83.6   84.1   84.2   83.7   83.7   83.6   83.8   84.1   84.3   84.6   84.8   84.6 |  84.0   83.7   84.1   84.7 |     84.1 
  1998           |  84.5   84.2   83.8   83.7   83.8   82.7   81.9   83.1   82.4   82.6   82.1   82.0 |  84.2   83.4   82.5   82.2 |     83.1 
                 |                                                                                    |                            |
  1999           |  81.8   81.8   81.5   81.2   81.5   80.9   81.0   81.2   80.6   81.5   81.6   81.9 |  81.7   81.2   80.9   81.6 |     81.4 
  2000           |  81.5   81.4   81.4   81.7   81.5   81.3   80.9   80.4   80.5   80.1   79.9   79.4 |  81.4   81.5   80.6   79.8 |     80.8 
  2001           |  78.8   78.3   78.0   77.8   77.2   76.8   76.4   76.2   75.8   75.4   74.9   74.8 |  78.4   77.3   76.1   75.0 |     76.7 
  2002           |  75.2   75.1   75.6   75.9   76.2   76.9   76.7   76.6   76.7   76.5   76.9   76.5 |  75.3   76.3   76.7   76.6 |     76.2 
  2003           |  77.0   77.2   77.0   76.3   76.3   76.3   76.5   76.4   76.8   76.8   77.4   77.4 |  77.0   76.3   76.6   77.2 |     76.8 
                 |                                                                                    |                            |
  2004           |  77.5   78.0   77.6   77.9   78.6   78.0   78.6   78.7   78.7   79.4   79.6   80.1 |  77.7   78.2   78.6   79.7 |     78.5 
  2005           |  80.4   80.8   80.6   80.6   80.7   80.9   80.5   80.5   78.7   79.6   80.3   80.7 |  80.6   80.7   79.9   80.2 |     80.4 
  2006           |  80.6   80.5   80.5   80.7   80.4   80.5   80.4   80.4   80.1   79.9   79.7   80.4 |  80.5   80.6   80.3   80.0 |     80.3 
  2007           |  79.9   80.6   80.5   80.9   80.9   81.0   80.9   81.1   81.3   80.8   81.2   81.2 |  80.3   80.9   81.1   81.1 |     80.8 
  2008           |  81.0   80.6   80.4   79.8   79.3   79.2   78.8   77.5   74.0   74.8   74.0   71.8 |  80.7   79.4   76.8   73.5 |     77.6 
                 |                                                                                    |                            |
  2009           |  70.0   69.4   68.2   67.5   66.7   66.4   67.2   68.0   68.6   68.9   69.3   69.7 |  69.2   66.9   68.0   69.3 |     68.3 
  2010           |  70.6   70.9   71.5   72.0   73.2   73.5   74.0   74.5   74.8   74.7   74.8   75.5 |  71.0   72.9   74.4   75.0 |     73.3 
  2011           |  75.4   75.1   76.0   75.7   75.9   76.0   76.4   76.7   76.6   77.1   76.9   77.2 |  75.5   75.9   76.6   77.1 |     76.3 
  2012           |  77.6   77.7   77.1   77.6   77.6   77.5   77.5   77.1   77.0   77.0   77.3   77.4 |  77.5   77.6   77.2   77.3 |     77.4 
  2013           |  77.2   77.6   77.7   77.6   77.5   77.5   77.0   77.5   77.8   77.7   77.9   78.0 |  77.5   77.5   77.4   77.9 |     77.6 
                 |                                                                                    |                            |
  2014           |  77.6   78.3   78.9   79.0   79.1   79.2   79.1   78.9   79.0   78.9   79.3   79.0 |  78.3   79.1   79.0   79.1 |     78.9 
  2015           |  78.3   78.1   77.7   77.3   76.9   76.6   77.0   76.9   76.7   76.5   76.1   75.7 |  78.0   76.9   76.9   76.1 |     77.0 
  2016           |  76.2   76.0   75.5   75.8   75.7   76.0   76.0   75.9   75.7   75.8   75.6   76.1 |  75.9   75.8   75.9   75.9 |     75.9 
  2017           |  75.9   75.9                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> High technology industries include computers, communications equipment, and semiconductors and related electronic components.
 
 
 
 Table 9A
 Industrial Production: Manufacturing <1> Excluding Selected High-Technology Industries <2>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|Annual <3>
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 IP (percent     |                                                                                    |                            |
 change)         |                                                                                    |                            |
  1987           |   -.5    1.4     .1     .4     .6     .2     .7     .5     .4    1.5     .5     .5 |   4.6    6.0    6.0   10.3 |      4.6 
  1988           |   -.2     .2     .2     .8    -.3     .1    -.1     .0     .3     .5     .3     .5 |   2.2    3.4    -.1    4.3 |      4.5 
                 |                                                                                    |                            |
  1989           |    .9   -1.0    -.1     .2    -.9     .2   -1.3     .8    -.3    -.3     .2     .0 |   2.4   -3.1   -4.3    -.6 |       .4 
  1990           |   -.3    1.5     .4    -.3     .1     .2    -.2     .3    -.1    -.9   -1.2    -.8 |   3.5    2.5     .6   -7.5 |       .0 
  1991           |   -.8    -.8    -.8     .4     .6    1.1     .3     .1    1.1    -.2    -.3    -.4 |  -9.7    1.2    7.1    1.1 |     -2.6 
  1992           |   -.8     .8    1.0     .4     .5     .1     .8    -.5    -.1     .5     .3    -.2 |  -1.2    7.1    2.8    1.5 |      2.6 
  1993           |   1.0     .2    -.3     .5    -.1    -.2     .3    -.3     .6     .8     .3     .5 |   4.0     .6     .3    5.9 |      2.6 
                 |                                                                                    |                            |
  1994           |    .1     .1    1.1     .6     .5     .1     .2     .6     .2     .7     .6    1.0 |   3.9    7.1    3.7    7.1 |      4.4 
  1995           |    .1    -.4    -.1    -.4    -.1     .3    -.8     .8     .5    -.4    -.1     .0 |   2.7   -2.3     .2     .7 |      2.5 
  1996           |  -1.2    1.3    -.5    1.0     .6     .8    -.1     .3     .6    -.5     .7     .7 |  -2.0    7.4    4.0    2.9 |      1.5 
  1997           |   -.2    1.1     .8    -.6     .4     .4     .4    1.0     .6     .7     .8     .1 |   6.2    2.9    6.8    8.2 |      4.9 
  1998           |    .6     .0    -.3     .2     .4   -1.2    -.8    2.3    -.6     .7    -.1     .2 |   3.4    -.2    -.5    4.1 |      3.5 
                 |                                                                                    |                            |
  1999           |   -.1     .5    -.4     .0     .7    -.7     .0     .6    -.5    1.4     .4     .4 |    .7     .3     .0    6.7 |      1.3 
  2000           |   -.3    -.2     .3     .4    -.6     .0    -.2   -1.0     .3    -.4    -.5    -.8 |    .3     .9   -3.8   -4.6 |       .7 
  2001           |   -.6    -.6    -.3    -.1    -.7    -.5    -.2    -.5    -.2    -.7    -.2     .2 |  -6.8   -4.4   -4.6   -4.2 |     -4.7 
  2002           |    .6    -.2     .8     .2     .6    1.1    -.4     .1     .1    -.4     .4    -.6 |   3.2    5.6    2.5   -1.0 |       .4 
  2003           |    .4    -.1     .0   -1.0    -.1     .3     .0    -.6     .7    -.1    1.0    -.3 |    .5   -3.9    -.1    3.1 |       .0 
                 |                                                                                    |                            |
  2004           |   -.2     .7    -.2     .4     .8    -.8     .9     .4    -.1    1.0    -.1     .6 |   1.3    3.3    3.8    4.8 |      2.0 
  2005           |    .6     .7    -.6     .2     .3     .1    -.5     .2   -1.2    1.4     .8     .1 |   5.2    1.4   -2.2    5.0 |      3.1 
  2006           |    .8    -.4    -.1     .5    -.6     .2    -.4     .5    -.1    -.4     .0    1.5 |   3.1     .0    -.4     .8 |      1.5 
  2007           |   -.6     .3     .6     .5     .0     .5     .0    -.4     .3    -.7     .3     .0 |   3.3    4.7     .7   -1.7 |      1.8 
  2008           |   -.5    -.8    -.5   -1.2    -.6    -.6   -1.1   -1.2   -3.5    -.4   -2.1   -3.3 |  -4.5   -9.3  -13.8  -20.3 |     -5.9 
                 |                                                                                    |                            |
  2009           |  -3.1    -.2   -2.0    -.9   -1.2    -.4    1.4    1.2     .8     .1     .9    -.3 | -24.2  -12.5    7.4    6.4 |    -13.9 
  2010           |   1.0    -.3    1.1     .8    1.5    -.1     .6     .2     .0     .1    -.1     .2 |   5.2   10.1    4.7     .9 |      5.1 
  2011           |    .1     .1     .6    -.6     .1     .0     .6     .3     .3     .7    -.4     .6 |   2.2    -.6    3.7    3.7 |      2.5 
  2012           |    .9     .3    -.6     .6    -.5     .2    -.2    -.1    -.1    -.3     .8     .7 |   5.0     .1   -1.3    1.3 |      2.3 
  2013           |   -.3     .5    -.2    -.5     .2     .2   -1.2    1.0     .1     .1    -.1    -.1 |   2.8   -1.1   -1.2    1.7 |       .5 
                 |                                                                                    |                            |
  2014           |  -1.1    1.1     .7    -.1     .1     .3     .2    -.4     .0     .0     .9    -.4 |   -.8    3.9     .8    1.2 |       .8 
  2015           |   -.4    -.5     .3     .1    -.1    -.3     .7    -.1    -.3     .1    -.1    -.3 |  -2.2    -.3    1.1    -.9 |       .0 
  2016           |    .5    -.2    -.2     .0    -.2     .2     .0    -.4     .2     .1     .2     .1 |    .5   -1.3    -.3    1.1 |      -.2 
  2017           |    .6     .5                                                                       |                            |          
                 |                                                                                    |                            |
 IP (2012=100)   |                                                                                    |                            |
  1987           |  80.5   81.6   81.7   82.0   82.5   82.7   83.3   83.7   84.0   85.3   85.7   86.2 |  81.2   82.4   83.6   85.7 |     83.3 
  1988           |  86.0   86.2   86.4   87.1   86.8   86.9   86.8   86.8   87.1   87.5   87.8   88.2 |  86.2   86.9   86.9   87.8 |     87.0 
                 |                                                                                    |                            |
  1989           |  89.0   88.1   88.0   88.2   87.4   87.5   86.4   87.0   86.8   86.5   86.6   86.6 |  88.4   87.7   86.7   86.6 |     87.3 
  1990           |  86.3   87.6   88.0   87.8   87.8   88.0   87.9   88.1   88.0   87.2   86.2   85.5 |  87.3   87.9   88.0   86.3 |     87.4 
  1991           |  84.8   84.1   83.4   83.8   84.3   85.2   85.5   85.6   86.6   86.4   86.1   85.8 |  84.1   84.4   85.9   86.1 |     85.1 
  1992           |  85.1   85.8   86.7   87.0   87.4   87.5   88.3   87.8   87.7   88.1   88.4   88.2 |  85.8   87.3   87.9   88.3 |     87.3 
  1993           |  89.1   89.3   89.0   89.4   89.3   89.1   89.3   89.1   89.6   90.3   90.6   91.0 |  89.1   89.2   89.3   90.6 |     89.6 
                 |                                                                                    |                            |
  1994           |  91.1   91.2   92.2   92.7   93.2   93.3   93.5   94.0   94.2   94.9   95.4   96.3 |  91.5   93.1   93.9   95.5 |     93.5 
  1995           |  96.4   96.1   96.0   95.6   95.5   95.8   95.0   95.7   96.3   95.9   95.8   95.8 |  96.2   95.6   95.7   95.8 |     95.8 
  1996           |  94.7   95.9   95.5   96.5   97.0   97.8   97.6   97.9   98.5   98.0   98.7   99.4 |  95.3   97.1   98.0   98.7 |     97.3 
  1997           |  99.3  100.3  101.1  100.5  100.9  101.3  101.7  102.7  103.3  104.0  104.9  105.0 | 100.2  100.9  102.6  104.7 |    102.1 
  1998           | 105.6  105.6  105.3  105.6  106.0  104.8  104.0  106.3  105.7  106.4  106.3  106.5 | 105.5  105.5  105.3  106.4 |    105.7 
                 |                                                                                    |                            |
  1999           | 106.4  106.9  106.4  106.4  107.2  106.4  106.4  107.1  106.5  108.0  108.4  108.8 | 106.6  106.7  106.7  108.4 |    107.1 
  2000           | 108.5  108.3  108.7  109.1  108.5  108.5  108.3  107.2  107.6  107.1  106.5  105.7 | 108.5  108.7  107.7  106.4 |    107.8 
  2001           | 105.1  104.5  104.2  104.1  103.4  102.8  102.6  102.1  101.9  101.2  101.0  101.1 | 104.6  103.4  102.2  101.1 |    102.8 
  2002           | 101.8  101.6  102.3  102.5  103.1  104.3  103.8  103.9  104.0  103.6  104.0  103.4 | 101.9  103.3  103.9  103.7 |    103.2 
  2003           | 103.8  103.8  103.8  102.7  102.6  102.9  102.9  102.3  103.0  103.0  104.0  103.7 | 103.8  102.8  102.7  103.5 |    103.2 
                 |                                                                                    |                            |
  2004           | 103.4  104.2  104.0  104.4  105.3  104.4  105.4  105.9  105.7  106.8  106.7  107.3 | 103.9  104.7  105.7  106.9 |    105.3 
  2005           | 108.0  108.8  108.1  108.4  108.7  108.9  108.3  108.6  107.3  108.8  109.6  109.7 | 108.3  108.7  108.1  109.4 |    108.6 
  2006           | 110.6  110.1  110.0  110.6  109.9  110.2  109.8  110.3  110.2  109.8  109.8  111.4 | 110.2  110.2  110.1  110.3 |    110.2 
  2007           | 110.8  111.1  111.8  112.3  112.3  112.9  112.9  112.4  112.8  112.0  112.3  112.3 | 111.2  112.5  112.7  112.2 |    112.2 
  2008           | 111.7  110.8  110.3  109.0  108.3  107.6  106.4  105.1  101.5  101.1   98.9   95.7 | 110.9  108.3  104.3   98.6 |    105.5 
                 |                                                                                    |                            |
  2009           |  92.7   92.5   90.6   89.8   88.7   88.3   89.6   90.7   91.4   91.5   92.3   92.1 |  92.0   88.9   90.5   92.0 |     90.9 
  2010           |  92.9   92.7   93.8   94.5   95.9   95.8   96.4   96.5   96.6   96.7   96.6   96.8 |  93.1   95.4   96.5   96.7 |     95.4 
  2011           |  97.0   97.1   97.7   97.0   97.1   97.1   97.7   98.0   98.3   98.9   98.5   99.1 |  97.2   97.1   98.0   98.9 |     97.8 
  2012           | 100.1  100.4   99.8  100.4   99.9  100.0   99.9   99.8   99.6   99.3  100.1  100.8 | 100.1  100.1   99.8  100.1 |    100.0 
  2013           | 100.5  101.0  100.8  100.3  100.5  100.7   99.5  100.5  100.6  100.6  100.6  100.5 | 100.8  100.5  100.2  100.6 |    100.5 
                 |                                                                                    |                            |
  2014           |  99.4  100.5  101.2  101.2  101.3  101.6  101.9  101.4  101.4  101.4  102.3  101.9 | 100.4  101.4  101.6  101.9 |    101.3 
  2015           | 101.5  101.0  101.3  101.4  101.3  101.0  101.7  101.6  101.3  101.4  101.4  101.0 | 101.3  101.2  101.5  101.3 |    101.3 
  2016           | 101.6  101.4  101.2  101.1  100.9  101.1  101.2  100.8  101.0  101.1  101.3  101.4 | 101.4  101.1  101.0  101.3 |    101.2 
  2017           | 101.9  102.5                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> See footnote 2 to table 2.
 <2> High technology industries include computers, communications equipment, and semiconductors and related electronic components.
 <3> Annual averages of industrial production are calculated from not seasonally adjusted indexes.
 
 
 
 Table 9B
 Capacity and Utilization: Manufacturing <1> Excluding Selected High-Technology Industries <2>
 Seasonally adjusted
 
 
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|    Annual
 ---------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
 (percent of     |                                                                                    |                            |
 2012 output)    |                                                                                    |                            |
  1987           | 101.7  101.9  102.0  102.2  102.3  102.5  102.6  102.8  102.9  103.0  103.0  103.1 | 101.9  102.3  102.8  103.0 |    102.5 
  1988           | 103.1  103.1  103.1  103.1  103.1  103.1  103.1  103.1  103.1  103.2  103.2  103.3 | 103.1  103.1  103.1  103.2 |    103.1 
                 |                                                                                    |                            |
  1989           | 103.4  103.5  103.7  103.9  104.0  104.2  104.4  104.6  104.8  105.0  105.2  105.4 | 103.6  104.0  104.6  105.2 |    104.4 
  1990           | 105.6  105.8  106.0  106.2  106.4  106.5  106.7  106.9  107.0  107.2  107.3  107.5 | 105.8  106.4  106.9  107.3 |    106.6 
  1991           | 107.6  107.7  107.9  108.0  108.1  108.3  108.4  108.5  108.6  108.8  108.9  109.0 | 107.7  108.1  108.5  108.9 |    108.3 
  1992           | 109.1  109.3  109.4  109.5  109.7  109.8  110.0  110.1  110.2  110.4  110.5  110.7 | 109.3  109.7  110.1  110.5 |    109.9 
  1993           | 110.8  110.9  111.0  111.2  111.3  111.4  111.5  111.6  111.7  111.8  111.9  112.0 | 110.9  111.3  111.6  111.9 |    111.4 
                 |                                                                                    |                            |
  1994           | 112.1  112.3  112.4  112.5  112.7  112.9  113.0  113.2  113.4  113.6  113.8  114.0 | 112.3  112.7  113.2  113.8 |    113.0 
  1995           | 114.2  114.5  114.7  114.9  115.2  115.4  115.7  115.9  116.2  116.4  116.6  116.9 | 114.5  115.2  115.9  116.6 |    115.5 
  1996           | 117.1  117.4  117.6  117.8  118.1  118.3  118.6  118.9  119.2  119.5  119.8  120.2 | 117.4  118.1  118.9  119.9 |    118.6 
  1997           | 120.6  121.0  121.4  121.8  122.3  122.7  123.2  123.7  124.3  124.8  125.3  125.9 | 121.0  122.3  123.8  125.3 |    123.1 
  1998           | 126.4  127.0  127.5  128.0  128.5  129.1  129.5  130.0  130.5  130.9  131.4  131.8 | 127.0  128.5  130.0  131.4 |    129.2 
                 |                                                                                    |                            |
  1999           | 132.2  132.5  132.9  133.3  133.6  133.9  134.2  134.5  134.8  135.0  135.3  135.5 | 132.5  133.6  134.5  135.3 |    134.0 
  2000           | 135.8  136.0  136.2  136.4  136.6  136.8  137.0  137.2  137.3  137.5  137.7  137.8 | 136.0  136.6  137.2  137.6 |    136.8 
  2001           | 137.9  138.1  138.2  138.3  138.4  138.5  138.6  138.7  138.8  138.8  138.9  138.9 | 138.1  138.4  138.7  138.9 |    138.5 
  2002           | 138.9  138.9  138.9  138.9  138.9  138.9  138.9  138.8  138.8  138.7  138.6  138.6 | 138.9  138.9  138.8  138.6 |    138.8 
  2003           | 138.5  138.4  138.3  138.3  138.2  138.1  138.0  137.9  137.8  137.7  137.6  137.5 | 138.4  138.2  137.9  137.6 |    138.0 
                 |                                                                                    |                            |
  2004           | 137.4  137.3  137.2  137.2  137.1  137.0  137.0  137.0  137.0  137.0  137.0  137.1 | 137.3  137.1  137.0  137.0 |    137.1 
  2005           | 137.2  137.3  137.4  137.6  137.7  137.9  138.1  138.3  138.6  138.8  139.0  139.2 | 137.3  137.7  138.3  139.0 |    138.1 
  2006           | 139.5  139.7  139.9  140.1  140.3  140.5  140.7  140.8  141.0  141.1  141.3  141.4 | 139.7  140.3  140.8  141.3 |    140.5 
  2007           | 141.6  141.7  141.8  142.0  142.1  142.2  142.3  142.3  142.4  142.4  142.5  142.5 | 141.7  142.1  142.3  142.5 |    142.1 
  2008           | 142.5  142.4  142.4  142.3  142.2  142.1  142.0  141.8  141.7  141.5  141.3  141.1 | 142.4  142.2  141.8  141.3 |    141.9 
                 |                                                                                    |                            |
  2009           | 140.9  140.7  140.4  140.2  139.9  139.6  139.3  139.0  138.7  138.4  138.1  137.8 | 140.7  139.9  139.0  138.1 |    139.4 
  2010           | 137.5  137.2  136.9  136.6  136.3  136.0  135.7  135.4  135.1  134.8  134.5  134.2 | 137.2  136.3  135.4  134.5 |    135.8 
  2011           | 133.9  133.7  133.4  133.2  133.0  132.9  132.8  132.7  132.6  132.6  132.6  132.7 | 133.7  133.0  132.7  132.7 |    133.0 
  2012           | 132.7  132.8  132.9  133.0  133.1  133.3  133.4  133.5  133.6  133.7  133.8  133.9 | 132.8  133.1  133.5  133.8 |    133.3 
  2013           | 134.0  134.0  134.1  134.1  134.1  134.1  134.2  134.2  134.2  134.2  134.2  134.1 | 134.0  134.1  134.2  134.1 |    134.1 
                 |                                                                                    |                            |
  2014           | 134.1  134.1  134.1  134.1  134.1  134.1  134.0  134.0  134.0  134.0  133.9  133.9 | 134.1  134.1  134.0  133.9 |    134.0 
  2015           | 133.9  133.8  133.8  133.8  133.8  133.8  133.8  133.9  133.9  133.9  134.0  134.1 | 133.8  133.8  133.9  134.0 |    133.9 
  2016           | 134.1  134.2  134.3  134.3  134.4  134.5  134.5  134.6  134.7  134.7  134.8  134.8 | 134.2  134.4  134.6  134.8 |    134.5 
  2017           | 134.9  134.9                                                                       |                            |          
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
 (percent)       |                                                                                    |                            |
  1987           |  79.1   80.1   80.0   80.3   80.6   80.7   81.1   81.4   81.7   82.8   83.2   83.6 |  79.7   80.5   81.4   83.2 |     81.2 
  1988           |  83.4   83.6   83.8   84.4   84.2   84.3   84.2   84.2   84.5   84.8   85.0   85.4 |  83.6   84.3   84.3   85.1 |     84.3 
                 |                                                                                    |                            |
  1989           |  86.0   85.1   84.9   84.9   84.0   84.0   82.7   83.2   82.8   82.3   82.3   82.2 |  85.3   84.3   82.9   82.3 |     83.7 
  1990           |  81.7   82.8   83.0   82.6   82.6   82.6   82.3   82.5   82.3   81.4   80.3   79.6 |  82.5   82.6   82.4   80.4 |     82.0 
  1991           |  78.8   78.1   77.4   77.5   77.9   78.7   78.8   78.9   79.7   79.4   79.1   78.7 |  78.1   78.1   79.1   79.1 |     78.6 
  1992           |  78.0   78.5   79.2   79.4   79.7   79.7   80.3   79.8   79.6   79.8   80.0   79.7 |  78.6   79.6   79.9   79.8 |     79.5 
  1993           |  80.4   80.5   80.1   80.4   80.2   80.0   80.1   79.8   80.2   80.7   80.9   81.3 |  80.4   80.2   80.0   81.0 |     80.4 
                 |                                                                                    |                            |
  1994           |  81.2   81.2   82.0   82.4   82.7   82.7   82.7   83.1   83.1   83.5   83.8   84.5 |  81.5   82.6   82.9   83.9 |     82.7 
  1995           |  84.4   83.9   83.7   83.2   82.9   83.0   82.1   82.6   82.9   82.4   82.1   82.0 |  84.0   83.0   82.5   82.2 |     82.9 
  1996           |  80.8   81.7   81.2   81.9   82.1   82.6   82.3   82.3   82.6   82.0   82.4   82.7 |  81.2   82.2   82.4   82.4 |     82.1 
  1997           |  82.3   82.9   83.3   82.5   82.6   82.6   82.6   83.0   83.2   83.4   83.7   83.4 |  82.8   82.5   82.9   83.5 |     82.9 
  1998           |  83.6   83.2   82.6   82.5   82.5   81.2   80.3   81.8   81.0   81.3   80.9   80.8 |  83.1   82.1   81.0   81.0 |     81.8 
                 |                                                                                    |                            |
  1999           |  80.5   80.6   80.1   79.9   80.2   79.5   79.3   79.6   79.0   80.0   80.1   80.3 |  80.4   79.8   79.3   80.1 |     79.9 
  2000           |  79.9   79.6   79.8   80.0   79.4   79.3   79.1   78.2   78.3   77.9   77.4   76.7 |  79.8   79.6   78.5   77.3 |     78.8 
  2001           |  76.2   75.7   75.4   75.2   74.7   74.2   74.0   73.6   73.4   72.9   72.7   72.8 |  75.7   74.7   73.7   72.8 |     74.2 
  2002           |  73.2   73.1   73.7   73.8   74.2   75.1   74.8   74.9   75.0   74.7   75.0   74.6 |  73.3   74.4   74.9   74.8 |     74.3 
  2003           |  75.0   75.0   75.0   74.3   74.3   74.5   74.6   74.2   74.8   74.8   75.5   75.4 |  75.0   74.4   74.5   75.2 |     74.8 
                 |                                                                                    |                            |
  2004           |  75.3   75.9   75.8   76.1   76.8   76.2   77.0   77.3   77.2   78.0   77.9   78.3 |  75.6   76.4   77.2   78.0 |     76.8 
  2005           |  78.7   79.2   78.7   78.8   78.9   78.9   78.4   78.5   77.4   78.4   78.9   78.8 |  78.9   78.9   78.1   78.7 |     78.6 
  2006           |  79.3   78.8   78.6   78.9   78.3   78.4   78.0   78.3   78.2   77.8   77.7   78.8 |  78.9   78.6   78.2   78.1 |     78.4 
  2007           |  78.2   78.4   78.8   79.1   79.1   79.4   79.4   79.0   79.2   78.7   78.8   78.8 |  78.5   79.2   79.2   78.8 |     78.9 
  2008           |  78.4   77.8   77.5   76.6   76.1   75.7   74.9   74.1   71.6   71.4   70.0   67.8 |  77.9   76.1   73.5   69.7 |     74.3 
                 |                                                                                    |                            |
  2009           |  65.8   65.8   64.6   64.1   63.4   63.3   64.3   65.2   65.9   66.1   66.9   66.8 |  65.4   63.6   65.1   66.6 |     65.2 
  2010           |  67.6   67.6   68.5   69.2   70.4   70.5   71.0   71.3   71.5   71.7   71.8   72.2 |  67.9   70.0   71.3   71.9 |     70.3 
  2011           |  72.4   72.6   73.2   72.8   73.0   73.1   73.6   73.8   74.1   74.6   74.3   74.7 |  72.7   73.0   73.8   74.5 |     73.5 
  2012           |  75.4   75.6   75.1   75.4   75.0   75.1   74.9   74.7   74.6   74.3   74.8   75.3 |  75.3   75.2   74.7   74.8 |     75.0 
  2013           |  75.0   75.4   75.2   74.8   74.9   75.0   74.2   74.9   75.0   75.0   75.0   74.9 |  75.2   74.9   74.7   75.0 |     74.9 
                 |                                                                                    |                            |
  2014           |  74.1   74.9   75.5   75.4   75.6   75.8   76.0   75.7   75.7   75.7   76.4   76.1 |  74.9   75.6   75.8   76.1 |     75.6 
  2015           |  75.8   75.5   75.7   75.8   75.7   75.5   76.0   75.9   75.6   75.7   75.6   75.4 |  75.7   75.6   75.8   75.6 |     75.7 
  2016           |  75.7   75.6   75.4   75.3   75.1   75.2   75.2   74.9   75.0   75.1   75.2   75.2 |  75.6   75.2   75.0   75.1 |     75.2 
  2017           |  75.6   75.9                                                                       |                            |          
 ---------------------------------------------------------------------------------------------------------------------------------------------
 Note: Estimates from October 2016 through February 2017 are subject to further revision in the upcoming monthly releases.
 <1> See footnote 2 to table 2.
 <2> High technology industries include computers, communications equipment, and semiconductors and related electronic components.
 
 
 
 Table 10
 Annual Proportions in Industrial Production, Market and Industry Group Summary
 
 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 Item                                                       |         NAICS |       2009        2010        2011        2012        2013        2014        2015        2016 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                            |               |
  Total IP                                                  |               |      100.0       100.0       100.0       100.0       100.0       100.0       100.0       100.0 
                                                            |               |
  MARKET GROUP                                              |               |
  Final products and nonindustrial supplies                 |               |       55.7        53.2        52.3        51.7        50.7        52.1        55.2        55.3 
     Consumer goods                                         |               |       28.4        26.8        26.2        25.3        24.8        25.5        27.8        28.2 
        Durable                                             |               |        5.6         5.4         5.1         5.1         5.3         5.6         6.2         6.3 
           Automotive products                              |               |        2.5         2.6         2.4         2.4         2.5         2.8         3.2         3.3 
           Home electronics                                 |               |         .3          .2          .2          .2          .2          .2          .2          .2 
           Appliances, furniture, carpeting                 |               |         .9          .8          .7          .7          .8          .8          .9          .9 
           Miscellaneous goods                              |               |        1.9         1.8         1.8         1.8         1.8         1.9         2.0         2.0 
        Nondurable                                          |               |       22.8        21.4        21.1        20.2        19.5        19.9        21.6        21.9 
           Non-energy                                       |               |       18.1        16.4        15.9        15.2        14.9        15.4        17.0        17.2 
              Foods and tobacco                             |               |        9.9         9.1         8.7         8.5         8.5         8.7         9.5         9.5 
              Clothing                                      |               |         .3          .3          .3          .3          .2          .2          .2          .2 
              Chemical products                             |               |        5.8         5.1         5.1         4.8         4.5         4.8         5.6         5.8 
              Paper products                                |               |        1.6         1.4         1.3         1.2         1.2         1.2         1.2         1.1 
           Energy                                           |               |        4.8         5.0         5.2         4.9         4.7         4.5         4.6         4.7 
                                                            |               |
     Business equipment                                     |               |        9.5         9.3         9.2         9.8         9.6        10.0        10.4        10.2 
        Transit                                             |               |        2.0         2.1         1.9         2.2         2.3         2.6         2.8         2.7 
        Information processing                              |               |        2.6         2.3         2.1         2.2         2.2         2.1         2.2         2.2 
        Industrial and other                                |               |        4.9         4.9         5.2         5.3         5.1         5.3         5.4         5.3 
     Defense and space equipment                            |               |        2.5         2.5         2.3         2.3         2.2         2.2         2.3         2.3 
                                                            |               |
     Construction supplies                                  |               |        4.4         4.2         4.1         4.2         4.3         4.5         4.9         5.0 
     Business supplies                                      |               |       10.3         9.7         9.5         9.1         8.8         8.9         9.3         9.3 
                                                            |               |
  Materials                                                 |               |       44.3        46.8        47.7        48.3        49.3        47.9        44.8        44.7 
     Non-energy                                             |               |       26.0        26.8        27.0        26.6        26.1        26.7        27.6        27.4 
        Durable                                             |               |       14.8        15.6        16.0        16.0        15.7        16.4        16.7        16.6 
           Consumer parts                                   |               |        2.2         2.5         2.5         2.7         2.8         2.9         3.1         3.2 
           Equipment parts                                  |               |        5.3         5.3         5.5         5.4         5.1         5.3         5.3         5.1 
           Other                                            |               |        7.2         7.8         7.9         7.8         7.9         8.1         8.3         8.3 
        Nondurable                                          |               |       11.2        11.2        11.0        10.7        10.4        10.4        10.8        10.9 
           Textile                                          |               |         .4          .5          .4          .4          .4          .4          .4          .4 
           Paper                                            |               |        2.2         2.1         2.0         2.0         1.9         1.9         2.0         1.9 
           Chemical                                         |               |        5.0         5.4         5.5         5.3         5.1         5.0         5.2         5.3 
     Energy                                                 |               |       18.3        20.0        20.7        21.7        23.1        21.1        17.2        17.2 
                                                            |               |
                                                            |               |
  INDUSTRY GROUP                                            |               |
  Manufacturing                                             |               |       75.3        73.6        72.8        72.1        70.6        72.3        76.4        76.4 
     Manufacturing (NAICS)                                  |        31-33  |       71.9        70.7        70.1        69.6        68.4        70.0        74.0        74.2 
                                                            |               |
        Durable manufacturing                               |               |       36.3        36.3        36.1        36.4        36.2        37.6        39.2        39.1 
           Wood products                                    |          321  |        1.0          .9          .9         1.0         1.1         1.2         1.2         1.3 
           Nonmetallic mineral products                     |          327  |        1.7         1.6         1.6         1.6         1.7         1.9         2.1         2.2 
           Primary metals                                   |          331  |        2.1         2.7         2.8         2.5         2.6         2.6         2.4         2.3 
           Fabricated metal products                        |          332  |        5.3         5.1         5.3         5.4         5.4         5.5         5.7         5.6 
           Machinery                                        |          333  |        4.9         5.1         5.5         5.8         5.5         5.8         5.8         5.7 
           Computer and electronic products                 |          334  |        6.4         6.0         5.8         5.7         5.2         5.1         5.3         5.2 
           Electrical equip., appliances,                   |               |
              and components                                |          335  |        1.9         1.8         1.8         1.8         1.7         1.8         1.9         1.9 
           Motor vehicles and parts                         |       3361-3  |        4.0         4.4         4.2         4.4         4.6         5.1         5.7         5.8 
           Aerospace and miscellaneous                      |               |
              transportation equipment                      |       3364-9  |        4.6         4.4         4.2         4.4         4.4         4.7         5.0         5.0 
           Furniture and related products                   |          337  |        1.1         1.0         1.0         1.0         1.0         1.1         1.2         1.2 
           Miscellaneous                                    |          339  |        3.4         3.2         3.0         2.8         2.8         2.8         3.0         3.0 
                                                            |               |
        Nondurable manufacturing                            |               |       35.6        34.4        34.1        33.2        32.2        32.4        34.8        35.1 
           Food, beverage, and tobacco products             |        311,2  |       12.1        11.1        10.6        10.2        10.3        10.5        11.4        11.5 
           Textile and product mills                        |        313,4  |         .7          .7          .7          .6          .7          .7          .7          .7 
           Apparel and leather                              |        315,6  |         .3          .3          .3          .3          .2          .2          .3          .2 
           Paper                                            |          322  |        2.8         2.6         2.5         2.5         2.5         2.5         2.6         2.5 
           Printing and support                             |          323  |        1.8         1.6         1.5         1.4         1.4         1.4         1.5         1.5 
           Petroleum and coal products                      |          324  |        3.1         3.5         3.9         3.7         3.2         2.8         2.9         3.0 
           Chemicals                                        |          325  |       11.9        11.7        11.7        11.4        10.9        11.1        12.1        12.4 
           Plastics and rubber products                     |          326  |        2.9         2.9         2.9         3.0         3.0         3.1         3.4         3.4 
                                                            |               |
     Other manufacturing (non-NAICS)                        |    1133,5111  |        3.4         2.9         2.6         2.4         2.3         2.3         2.4         2.2 
                                                            |               |
  Mining                                                    |           21  |       13.9        16.0        17.4        18.6        19.9        17.8        13.1        12.9 
  Utilities                                                 |       2211,2  |       10.8        10.4         9.9         9.3         9.5         9.9        10.5        10.6 
     Electric                                               |         2211  |        9.5         9.2         8.7         8.3         8.4         8.8         9.3         9.4 
     Natural gas                                            |         2212  |        1.3         1.2         1.2         1.0         1.1         1.2         1.2         1.2 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 Note. The IP proportion data are estimates of the industries' relative contributions to the overall change in IP between the reference
       year and the following year.  For example, a 1 percent increase in durable goods manufacturing between 2016 and 2017 would
       account for a .391 percent increase in total IP.
 
 
 
 Table 11
 Industrial Production and Capacity Utilization:  SUMMARY
 Seasonally adjusted
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                    |                             2012=100                              |                                   Percent change
                                    | ----------------------------------------------------------------- | -----------------------------------------------------------------------------------
                                    |      2016                                        2017             |      2016                                        2017             |    Feb. '16 to 
 Industrial production              |  Sept.[r]    Oct.[r]    Nov.[r]    Dec.[r]    Jan.[r]    Feb.[r]  |  Sept.[r]    Oct.[r]    Nov.[r]    Dec.[r]    Jan.[r]    Feb.[r]  |      Feb. '17 
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                    |                                                                   |                                                                   |
  Total index                       |     103.0      103.2      103.0      103.8      103.6      103.7  |       -.2         .2        -.2         .7        -.1         .1  |             .4 
     Previous estimates             |     104.1      104.4      104.1      104.8      104.7      104.7  |       -.3         .3        -.3         .6        -.1         .0  |             .3 
                                    |                                                                   |                                                                   |
  Major market groups               |                                                                   |                                                                   |
  Final Products                    |     100.5      100.5       99.9      101.0      100.7      100.7  |       -.1         .0        -.6        1.2        -.4         .0  |             .3 
     Consumer goods                 |     104.9      104.8      103.8      105.1      104.5      104.2  |       -.2        -.1        -.9        1.3        -.6        -.3  |            -.2 
     Business equipment             |      98.7       99.0       98.9       99.7       99.7      100.1  |        .1         .2        -.1         .9         .0         .5  |             .9 
  Nonindustrial supplies            |     104.1      104.2      104.5      104.8      104.8      104.9  |        .2         .0         .4         .2         .0         .1  |             .2 
     Construction                   |     107.5      108.2      109.4      109.1      110.7      112.0  |        .4         .7        1.1        -.3        1.4        1.2  |            2.2 
  Materials                         |     104.3      104.8      104.9      105.3      105.4      105.6  |       -.3         .5         .0         .4         .0         .2  |             .7 
                                    |                                                                   |                                                                   |
  Major industry groups             |                                                                   |                                                                   |
  Manufacturing (see note below)    |     102.0      102.2      102.4      102.5      103.1      103.6  |        .2         .2         .2         .1         .6         .5  |            1.3 
     Previous estimates             |     102.9      103.2      103.3      103.5      104.0      104.5  |        .1         .3         .1         .2         .5         .5  |            1.2 
                                    |                                                                   |                                                                   |
  Mining                            |     100.3      102.7      102.8      102.3      103.5      106.1  |       -.3        2.4         .0        -.5        1.2        2.5  |            1.0 
  Utilities                         |     104.6      102.7       99.3      106.1       99.2       93.3  |      -2.8       -1.9       -3.2        6.8       -6.5       -6.0  |           -6.9 
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                  |                                                                                                                                             |    Capacity
                                  |                                                             Percent of capacity                                                             |     growth
                                  | ------------------------------------------------------------------------------------------------------------------------------------------- | ---------------
                                  |     Average       1988-       1990-       1994-       2008-             |                                                                   |                
                                  |       1972-          89          91          95          09       2016  |      2016                                        2017             |    Feb. '16 to 
 Capacity utilization             |       2016         high         low        high         low       Feb.  |  Sept.[r]    Oct.[r]    Nov.[r]    Dec.[r]    Jan.[r]    Feb.[r]  |      Feb. '17 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                  |                                                                         |                                                                   |
  Total industry                  |       79.9        85.2        78.8        85.0        66.7        75.9  |      75.6       75.8       75.6       76.0       75.9       75.9  |             .5 
     Previous estimates           |       79.9        85.3        78.8        85.0        66.7        75.6  |      75.3       75.4       75.2       75.6       75.5       75.4  |             .6 
                                  |                                                                         |                                                                   |
  Manufacturing (see note below)  |       78.4        85.6        77.3        84.6        63.7        75.4  |      74.9       75.0       75.1       75.1       75.5       75.8  |             .7 
     Previous estimates           |       78.4        85.6        77.3        84.6        63.8        75.4  |      74.8       74.9       74.9       75.0       75.3       75.6  |             .8 
  Mining                          |       87.0        86.1        83.8        88.6        78.4        79.4  |      77.8       79.7       79.7       79.3       80.2       82.0  |           -2.3 
  Utilities                       |       85.6        93.2        84.7        93.2        78.1        76.4  |      78.7       77.1       74.5       79.5       74.2       69.7  |            2.0 
                                  |                                                                         |                                                                   |
  Stage-of-process groups         |                                                                         |                                                                   |
  Crude                           |       86.1        87.7        84.5        90.1        76.3        78.9  |      78.3       79.5       80.1       79.7       80.4       81.4  |           -1.6 
  Primary and semifinished        |       80.5        86.5        78.1        87.8        63.8        75.5  |      75.5       75.3       74.8       75.9       75.1       74.6  |            1.1 
  Finished                        |       76.9        83.4        77.3        80.6        66.7        75.3  |      74.7       74.8       74.6       74.8       75.1       75.3  |             .7 
 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 r  Revised.
 
 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 of its industrial output data from the SIC system to NAICS.
 
 
 
1
 Explanatory Note

 
 The Industrial Production and Capacity Utilization statistical
 release, which is published around the middle of the month, reports
 measures of output, capacity, and capacity utilization in
 manufacturing, mining, and the electric and gas utilities industries.
 More detailed descriptions of industrial production and capacity
 utilization are available on the Board's website at  www.federalreserve.gov/releases/G17. 
 In addition, files containing data shown in the release, more
 detailed series that were published in the G.17 prior to December
 2000, and historical data are available from the Data Download
 Program on the Board's website.  Instructions for searching for and
 downloading specific series are provided as well.
 
 Industrial Production
 
 Coverage. The industrial production (IP) index measures the real
 output of the manufacturing, mining, and electric and gas utilities
 industries; the reference period for the index is 2012.  Manufacturing
 consists of those industries included in the North American Industry
 Classification System, or NAICS, definition of manufacturing plus
 those industries-logging and newspaper, periodical, book, and
 directory publishing-that have traditionally been considered to be
 manufacturing and included in the industrial sector.  For the period
 since 1997, the total IP index has been constructed from 299
 individual series based on the 2012 NAICS codes. These individual
 series are classified in two ways: (1) market groups, and (2) industry
 groups.  Market groups consist of products and materials.  Total
 products are the aggregate of final products, such as consumer goods
 and equipment, and nonindustrial supplies (which are inputs to
 nonindustrial sectors).  Materials are inputs in the manufacture of
 products.  Major industry groups include three-digit NAICS industries
 and aggregates of these industries-for example, durable and
 nondurable manufacturing, mining, and utilities.  A complete
 description of the market and industry structures, including details
 regarding series classification, relative importance weights, and data
 sources, is available on the Board's website at 
 www.federalreserve.gov/releases/G17/About.htm.
 
 Source Data. On a monthly basis, the individual indexes of
 industrial production are constructed from two main types of source
 data: (1) output measured in physical units and (2) data on inputs to
 the production process, from which output is inferred.  Data on
 physical products, such as tons of steel or barrels of oil, are
 typically obtained from private trade associations and from government
 agencies; data of this type are used to estimate monthly IP wherever
 possible and appropriate.  Production indexes for a few industries are
 derived by dividing estimated nominal output (calculated using unit
 production and unit values or sales) by a corresponding Fisher price
 index; the most notable of these fall within the high-technology
 grouping and include semiconductors.  When suitable data on physical
 product are not available, estimates of output are based on
 production-worker hours by industry.  Data on hours worked by
 production workers are collected in the monthly establishment survey
 conducted by the Bureau of Labor Statistics.  The factors used to
 convert inputs into estimates of production are based on historical
 relationships between the inputs and the comprehensive annual data
 used to benchmark the IP indexes; these factors also may be influenced
 by technological or cyclical developments.  The annual data used in
 benchmarking the individual IP indexes are constructed from a variety
 of source data, such as the quinquennial Censuses of Manufactures
   and Mineral Industries and the Annual Survey of Manufactures,
 prepared by the Bureau of the Census; the Minerals Yearbook,
 prepared by the U.S. Geological Survey of the Department of the
 Interior; and publications of the Department of Energy.
 
 Aggregation Methodology and Weights.  The aggregation method for
 the IP index is a version of the Fisher-ideal index formula.  (For a detailed
 discussion of the aggregation method, see the Federal Reserve Bulletin
 February 1997 and March 2001.)  In the IP index, series that measure the
 output of an individual industry are combined using weights derived from
 their proportion in the total value-added output of all industries.  The IP
 index, which extends back to 1919, is built as a chain-type index since
 1972.  The current formula for the growth in monthly IP (or any of the
 sub-aggregates) since 1972 is the geometric mean of the change in output
 (I), and, as can be seen below, is computed using the unit value added
 estimate for the current month (p_m) and the estimate for previous month:
 
 %     Equation not available in ascii file.
 
 The IP proportions (typically shown in the first column of the relevant
 tables in the monthly G.17 release) are estimates of the industries' relative
 contributions to overall growth in the following year.  For example, the
 relative importance weight of the motor vehicles and parts industry is
 about 6 percent.  If output in this industry increased 10 percent in a month,
 then this gain would boost growth in total IP by 6/10 percentage point
 (0.06 x 10% = 0.6%).  To assist users with calculations, the Federal
 Reserve's website provides supplemental monthly statistics that represent
 the exact proportionate contribution of a monthly change in a component
 index to the monthly change in the total index (www.federalreserve.gov/
 releases/G17/ipdisk/ipweightssa.txt).
 
 Timing. The first estimate of output for a month is published
 around the 15th of the following month. The estimate is preliminary
 (denoted by the superscript "p" in tables) and subject to revision
 in each of the subsequent five months as new source data become
 available. (Revised estimates are denoted by the superscript "r" in
 tables.)  For the first estimate of output for a given month, about 72
 percent of the source data (in value-added terms) are available; the
 fraction of available source data increases to 85 percent for
 estimates in the second month that the estimate is published, 95
 percent in the third month, 96 percent in the fourth month, 97 percent
 in the fifth month, and 97 percent in the sixth month. Data
 availability by data type in early 2016 is summarized in the table
 below:
 
   Availability of Monthly IP Data in Publication Window
   (Percent of value added in 2016; the numbers may not sum because of rounding.) 
     Type of data                1st  2nd  3rd  4th  5th  6th 
       Physical product            27   39   49   50   51   52
       Production-worker hours     46   46   46   46   46   46
       IP data received            72   85   95   96   97   97
       IP data estimated           28   15   5    4    3    3
 
 The physical product group includes series based on either monthly or
 quarterly data.  As can be seen in the first row of the table, in the
 first month, a physical product indicator is available for about one-half
 of the series (in terms of value added) that ultimately are based on
 physical product data (27 percent out of a total of 52 percent).  Of
 the 27~percent, about four-fifths (22 percent of total IP) include
 series that are derived from weekly physical product data and for
 which actual monthly data may lag up to several months.  On average,
 quarterly product data are received for the fourth estimate of
 industrial production.  Specifically, quarterly data are available for
 the third estimate of the last month of a quarter, the fourth estimate
 of the second month of a quarter, and the fifth estimate of the first
 month of a quarter.
 
 Seasonal adjustment. Individual series are seasonally adjusted using
 Census X-12 ARIMA. For series based on production-worker hours, the
 current seasonal factors were estimated with data through January 2017;
 for other series, the factors were estimated with data through at least
 December 2016.  Series are pre-adjusted for the effects of holidays or the
 business cycle when appropriate.  For the data since 1972, all seasonally
 adjusted aggregate indexes are calculated by aggregating the seasonally
 adjusted indexes of the individual series.  Additional documentation and 
 X-12 specifications can be found on the Board's website at
 www.federalreserve.gov/releases/G17/About.htm.
 
 Reliability.  The average revision to the level of the
 total IP index, without regard to sign, between the first and the
 fourth estimates was 0.28 percent during the 1987-2016 period.  The
 average revision to the percent change in total IP, without
 regard to sign, from the first to the fourth estimates was 0.22
 percentage point during the 1987-2016 period.  In most cases (about
 85 percent), the direction of the change in output indicated by the
 first estimate for a given month is the same as that shown by the
 fourth estimate.
 
 Rounding.  The published percent changes are calculated from unrounded
 indexes, and may not be the same as percent changes calculated from the
 rounded indexes shown in the release.
 
 Capacity Utilization
 
 Overview.  The Federal Reserve Board constructs estimates of capacity
 and capacity utilization for industries in manufacturing, mining, and
 electric and gas utilities.  For a given industry, the capacity utilization rate
 is equal to an output index (seasonally adjusted) divided by a capacity
 index.  The Federal Reserve Board's capacity indexes attempt to capture
 the concept of sustainable maximum output-the greatest level of output a
 plant can maintain within the framework of a realistic work schedule, after
 factoring in normal downtime and assuming sufficient availability of
 inputs to operate the capital in place.
 
 Coverage.  Capacity indexes are constructed for 89 detailed industries
 (71 in manufacturing, 16 in mining, and 2 in utilities), which mostly
 correspond to industries at the three- and four-digit North American
 Industry Classification System, or NAICS level.
 Estimates of capacity and utilization are available for a variety of groups,
 including durable and nondurable manufacturing, total manufacturing,
 mining, utilities, and total industry.  Manufacturing consists of those
 industries included in the NAICS definition of manufacturing plus
 those industries-logging and newspaper, periodical, book, and directory publishing
 -that have traditionally been considered to be manufacturing and included in the
 industrial sector.  Also, special aggregates are available, such as high-technology
 industries and manufacturing excluding high-technology industries.
 
 Source Data.  The monthly rates of capacity utilization are designed to be
 consistent with both the monthly data on production and the periodically
 available data on capacity and utilization.  Because there is no direct
 monthly information on overall industrial capacity or utilization rates, the
 Federal Reserve first estimates annual capacity indexes from the source
 data.  Capacity data reported in physical units from government sources
 (primarily from the U.S. Geological Survey and the Department of
 Energy's Energy Information Administration) and trade sources are
 available for portions of several industries in manufacturing (for example, paper,
 industrial chemicals, petroleum refining, motor vehicles), as well as for
 electric utilities and mining; these industries represent about 25 percent of
 total industrial capacity.  When physical product data are unavailable for
 manufacturing industries, capacity indexes are based on responses to the
 Bureau of the Census's Quarterly Survey of Plant Capacity (QSPC); these
 industries account for about 65 percent of total industry capacity.
 In the absence of utilization data for a few mining and petroleum series, capacity
 is based on trends through peaks in production (roughly 10 percent of total
 industry capacity).  A detailed description of the methodology used to
 construct the capacity indexes is available on the Board's website
 (www.federalreserve.gov/releases/G17/Meth/MethCap.htm).
 
 Aggregation Methodology.  Monthly capacity aggregates are calculated
 in three steps: (1) utilization aggregates are calculated on an annual basis
 through the most recent full year as capacity-weighted aggregates of
 individual utilization rates; (2) the annual aggregate capacity is derived
 from the corresponding production and utilization aggregates; (3) the
 monthly capacity aggregate is obtained by interpolating with a Fisher
 index of its constituent monthly capacity series.  Utilization rates for the
 individual series and aggregates are calculated by dividing the pertinent
 monthly production index by the related capacity index.
 
 Consistency.  A major aim is that the Federal Reserve
 utilization rates be consistent over time so that, for example, a rate
 of 85 percent means about the same degree of tightness that it meant
 in the past.  A major task for the Federal Reserve in developing
 reasonable and consistent time series of capacity and utilization is
 dealing with inconsistencies between the movements of the industrial
 production index and the survey-based utilization rates.  The
 McGraw-Hill/DRI Survey, now discontinued, was the primary source of
 manufacturing utilization rates for many years.  This survey of large
 companies reported, on average, higher utilization rates than those
 reported by establishments covered by the annual Survey of Plant
 Capacity (the primary source of factory operating rates through 2006,
 after which it was discontinued) for the fourteen years they
 overlapped.  Adjustments have been made to keep the industry
 utilization rates currently reported by the Federal Reserve (now based
 on the QSPC) roughly in line with rates formerly reported by
 McGraw-Hill.  As a consequence, the rates reported by the Federal
 Reserve tend to be higher than the rates reported in the Census
 utilization surveys.
 
 Perspective.  Over the 1972-2016 period, the average total industry
 utilization rate was 79.9 percent; for manufacturing, the average factory
 operating rate was 78.4 percent.  Industrial plants usually operate at
 capacity utilization rates that are well below 100 percent: none of the
 broad aggregates has ever reached 100 percent.  For total industry and
 total manufacturing, utilization rates have exceeded 90 percent only in
 wartime.  The highs and lows in capacity utilization are
 specific to each series and do not all occur in the same month.
 
 References and Release Dates
 
 References.  The release for the annual revision that was published
 on March 31, 2017, is available on the Board's website (www.federal
 reserve.gov/releases/g17/revisions/Current/DefaultRev.htm).
 A summary of the annual revision that incorporated back to 1972 production and capacity
 indexes reclassified according to the North American Industry
 Classification System is available in an article in the Federal
 Reserve Bulletin, vol. 89 (April 2003), pp.151-176.  A description
 of the aggregation methods for industrial production and capacity
 utilization is included in an article in the Federal Reserve
 Bulletin, vol. 83 (February 1997), pp. 67-92.  The Federal Reserve
 methodology for constructing industry-level measures of capital is
 detailed in "Capital Stock Estimates for Manufacturing Industries:
 Methods and Data" by Mike Mohr and Charles Gilbert (1996), which can
 be obtained at www.federalreserve.gov/releases/g17/CapitalStockDocLatest.pdf.
 
 Industrial Production-1986 Edition contains a more detailed description
 of the other methods used to compile the industrial production index, plus
 a history of its development, a glossary of terms, and a bibliography.  The
 major revisions to the IP indexes and capacity utilization since 1990 have
 been described in the Federal Reserve Bulletin (April 1990, June 1990,
 June 1993, March 1994, January 1995, January 1996, February 1997,
 February 1998, January 1999, March 2000, March 2001, March 2002,
 April 2003, Winter 2004, Winter 2005, March 2006, May 2007, August 2008, August 2009) or
 in online staff studies
 (www.federalreserve.gov/releases/g17/articles/rev2010/industrial10.pdf, 
 www.federalreserve.gov/releases/g17/articles/rev2012/industrial12.pdf,
 www.federalreserve.gov/releases/g17/articles/rev2013/industrial13.pdf).
 
 Release Schedule
 
 On the day the G.17 is released, it is published at 9:15 a.m.  The publication
 schedule for 2017 is January 18, February 15, March 17, April 18, May 16, June 15,
 July 14, August 17, September 15, October 17, November 16, and
 December 15.
 
 This release schedule is available on the Board's website at
 http://www.federalreserve.gov/releases/g17.