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Page Last Modified: May 2010

Table 3c. Capacity Adjusted Value of Production 1 by Selected Industries, 1998, 2002, and 2006
(Current Billion Dollars)

MECS Survey Years
NAICS
 Subsector and Industry
1998
2002
2006
311
 Food Manufacturing
430
 468 552
312
 Beverage and Tobacco Product Manufacturing 98 120 131
313
 Textile Mills 57 50 44
314
 Textile Product Mills 31 34 36
315
 Apparel Manufacturing 66 53 31
316
 Leather and Allied Product Manufacturing 11 8 7
321
 Wood Product Manufacturing 87 94 110
322
 Paper Manufacturing 159 160 177
323
 Printing and Related Support Activities 104 109 107
324
 Petroleum and Coal Products Manufacturing 134 215 523
325
 Chemical Manufacturing 415 470 657
326
 Plastics and Rubber Products Manufacturing 158 183 212
327
 Nonmetallic Mineral Product Manufacturing 85 97 134
331
 Primary Metal Manufacturing 156 146 229
332
 Fabricated Metal Product Manufacturing 245 270 311
333
 Machinery Manufacturing 276 292 321
334
 Computer and Electronic Product Manufacturing 444 454 398
335
 Electrical Equipment, Appliance, and Component Manufacturing 112 116 122
336
 Transportation Equipment Manufacturing 580 643 720
337
 Furniture and Related Product Manufacturing 66 81 84
339
 Miscellaneous Manufacturing 102 130 153
Manufacturing 3,824 4,231 5,059

Notes: 1. Value of production is the name for inventory-adjusted value of shipment data. Capacity adjusted value of production (t) is defined as [capacity utilization rate (average 1972-2004) / capacity utilization rate (t)] x [value of production (t)], where t = year.
Sources: U.S. Department of Commerce, Bureau of Economic Analysis, Value of Shipments by Detailed Industry 1998-2007, September 2009 and U.S. Census Bureau, Annual Survey of Manufacturers, Industry Statistics 2001, 2004, and 2006; The Federal Reserve System, Federal Reserve Statistical Release, Industrial Production and Capacity Utilization, G.17(419) Supplemental Tables, December 2005 for 1972-2004 average capacity utilization, capacity utilization rates for 1998, 2002, and 2006 obtained from Charles Gilbert, the Federal Reserve System, January 2006 and December 2009.