From the Federal Reserve’s G.17 Report:
Industrial production increased 1.3 percent in November after edging up in October; output is now reported to have risen at a faster pace over the period from June through October than previously published. In November, manufacturing output increased 1.1 percent, with widespread gains among industries. The rise in factory output was well above its average monthly pace of 0.3 percent over the previous five months and was its largest gain since February. In November, the output of utilities jumped 5.1 percent, as weather that was colder than usual for the month boosted demand for heating. The index for mining decreased 0.1 percent. At 106.7 percent of its 2007 average, total industrial production in November was 5.2 percent above its year-earlier level. Capacity utilization for the industrial sector increased 0.8 percentage point in November to 80.1 percent, a rate equal to its long-run (1972–2013) average.
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The 1.26% rise in total production was the result of the contributions from various industries as shown in the table and charts below.
For charts and tables of individual sector growth, please visit our Latest Industrial Production Charts and Tables Page.
| U.S. Industrial Production – Major Industry Groups Contribution to Total Index of each Industry Group. Seasonally Adjusted. | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Total Index % Points Change by Sub-Index | Monthly Change (Pts) | 3-Month Change (Pts) | Year/Year Change (Pts) | ||||||
| Sep. 2014 | Oct. 2014 | Nov. 2014 | to May 2014 | to Aug. 2014 | to Nov. 2014 | Sep. 2014 | Oct. 2014 | Nov. 2014 | |
| Total index | 0.88 | 0.07 | 1.26 | 1.40 | 0.64 | 2.22 | 4.51 | 4.48 | 5.21 |
| – Manufacturing (SIC) | 0.25 | 0.32 | 0.81 | 1.13 | 0.59 | 1.38 | 2.84 | 2.90 | 3.51 |
| – – Durable manufacturing | 0.10 | 0.20 | 0.43 | 0.87 | 0.37 | 0.73 | 2.01 | 1.99 | 2.16 |
| – – Nondurable manufacturing | 0.17 | 0.12 | 0.38 | 0.27 | 0.28 | 0.67 | 1.02 | 1.04 | 1.44 |
| – – Other manufacturing | -0.01 | -0.00 | -0.00 | -0.01 | -0.06 | -0.01 | -0.20 | -0.14 | -0.10 |
| – Mining | 0.24 | -0.17 | -0.02 | 0.81 | 0.44 | 0.05 | 1.58 | 1.70 | 1.53 |
| – Electric and gas utilities | 0.39 | -0.07 | 0.47 | -0.54 | -0.39 | 0.79 | 0.09 | -0.12 | 0.18 |
| – – Electric power generation, transmn and distrn. | 0.33 | 0.00 | 0.39 | -0.44 | -0.32 | 0.72 | 0.06 | -0.05 | 0.26 |
| – – Natural gas distribution | 0.06 | -0.07 | 0.08 | -0.10 | -0.07 | 0.07 | 0.03 | -0.07 | -0.08 |
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