U.S. Dec industrial output rose 0.1 pct

Biz.Yahoo/Reuters ^ | January 16, 2003

[Starwind]

U.S. Dec industrial output rose 0.1 pct
Friday January 16, 9:15 am ET

 WASHINGTON, Jan 16 (Reuters) - Federal Reserve Board report
of U.S. industrial production and capacity utilization,
seasonally adjusted.      
Total Industrial:           Dec    Nov    Oct   Dec03/02
 Production, Pct Change     0.1    1.0    0.4      2.3
 Previous Estimates                0.9    0.4      
 Production Index-X       113.2  113.1  111.9      
.                           Dec    Nov    Oct     Dec'02
 Pct of Capacity Use       75.8   75.8   75.1     74.9
 Previous Estimates               75.7   75.1      
 X--1997 equals 100                                
Pct change:                 Dec    Nov    Oct   Dec03/02
 Final Products            -0.2    1.0   UNCH      1.8
  Consumer Goods           -0.2    0.8    0.1      
  Business Equipment       -0.1    1.9   -0.1      
  Nonindustrial Supplies   -0.2    1.0    0.9      
  Construc.Supplies        UNCH    1.1    0.8      
 Materials                  0.4    1.0    0.6      3.0
 Manufacturing Industry     0.3    1.0    0.2      2.9
  Durable Goods             0.6    1.2    0.2      
Motor Vehicles/Parts        0.6   UNCH   -2.4      
  Non-Durable Goods        UNCH    0.8    0.1      
 Mining Industry           UNCH    0.6    0.2      0.1
 Utilities Industry        -1.4    1.4    1.9     -0.7
SPECIAL AGGREGATES:                             
Pct change:                 Dec   Nov   Oct   Dec03/02
 High-tech output           1.9   2.4   2.9     24.5
 Industrial output                              
 ex high-tech              UNCH   1.0   0.3      1.2
 Industrial output                              
 ex cars/parts             UNCH   1.1   0.6      2.1
Motor Vehicle Assemblies (million unit annual rates):         
.                           Dec    Nov    Oct
.                          12.21  12.12  12.24
Percent of Capacity: Manufacturing, Mining, Utilities:        
 (Seasonally Adj.)          Dec    Nov    Oct    Dec'02
 Manufacturing             74.5   74.4   73.7    73.1
  Durable Goods            71.9   71.6   70.9     
Motor Vehicles/Parts       81.5   81.2   81.5     
  Non-Durable Goods        77.0   77.0   76.3     
  Mining                   85.9   85.9   85.3    85.4
  Utilities                82.6   84.0   83.1    86.7
 FORECAST:
 Reuters survey of economists forecast:
 U.S. Dec industrial production +0.4 pct
 U.S. Dec capacity use rate 75.9 pct
 HISTORICAL COMPARISONS/NOTES:
 US Q4 INDUSTRIAL OUTPUT +6.2 PCT, LARGEST QUARTERLY GAIN
SINCE +6.7 PCT IN Q2'00
 US 2003 INDUSTRIAL OUTPUT +0.3 PCT (2002 -0.6 PCT), CAP USE
74.9 (75.6)
 US 2003 CAPACITY USE RATE LOWEST SINCE 74.8 PCT IN 1983
 Data for durable, nondurable and motor vehicles/parts use
the Commerce Department's definition of manufacturing under the
North American Industry Classification System (NAICS), which is
narrower than the Federal Reserve's definition.
 High technology industries include computers and office
equipment, communications equipment, semiconductors and related
electronic components.

[Starwind]

The full Federal Reserve report is at G-17 Industrial Production and Capacity Utilization

[Starwind]

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