June 2011 Industrial Production, Capacity Utilization and Capacity

Click image for larger version

Industrial production increased 0.2 percent in June after having edged down 0.1 percent in May. For 2Q2011 as a whole, total industrial production increased at an annual rate of 0.8 percent. Manufacturing output was unchanged in June. In the second quarter, supply chain disruptions following the earthquake in Japan curtailed the production of motor vehicles and parts and restrained output in related industries; the production index for overall manufacturing was little changed for the quarter. At 93.1 percent of its 2007 average, total industrial production in June was 3.4 percent above its year-earlier level. The output of Wood Products factories fell 1.2 percent, while Paper output fell by 0.3 percent.
 

Click image for larger version

Click image for larger version

The capacity utilization rate for total industry remained essentially unchanged at 76.7 percent in June, a rate 2.2 percentage points above the rate from a year earlier but 3.7 percentage points below its average from 1972 to 2010. Manufacturing capacity utilization was also unchanged. Wood Products downshifted by 1.0 percent, while Paper also declined by 0.3 percent.
 

Click image for larger version

Capacity at the all-industries and manufacturing levels crept higher (0.1 percent); Wood Products dropped by 0.2 percent while Paper declined by 0.1 percent.