G17: G.17 Data for December 2021 are now available
By FEDERAL RESERVE - Dec 02, 2022, 01:06 PM ET
Last Updated - Feb 09, 2023, 12:34 AM EST
Industrial production and capacity utilization data for December 2021 are now available.Industrial production declined 0.1 percent in December. Losses of 0.3 percent for manufacturing and 1.5 percent for utilities were mostly offset by a gain of 2.0 percent for mining. For the fourth quarter as a whole, total industrial production rose at an annual rate of 4.0 percent. At 101.9 percent of its 2017 average, total industrial production in December was 3.7 percent higher than it was at the end of 2020 and 0.6 percent above its pre-pandemic (February 2020) reading. Capacity utilization for the industrial sector edged down 0.1 percentage point in December to 76.5 percent, a rate that is 3.1 percentage points below its long-run (1972–2020) average.]]]>
