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Page Last Modified: May 2010

Table 4c. Capacity Adjusted Value of Production 1 by Selected Industries, 1998, 2002, and 2006
(Billion 2000 Dollars 2)
MECS Survey Years
NAICS Subsector and Industry
1998
2002
2006
311 Food Manufacturing 432 459 487
312 Beverage and Tobacco Product Manufacturing 116 110 115
313 Textile Mills 55 52 42
314 Textile Product Mills 32 34 32
315 Apparel Manufacturing 67 53 31
316 Leather and Allied Product Manufacturing 11 8 6
321 Wood Product Manufacturing 88 95 98
322 Paper Manufacturing 172 163 160
323 Printing and Related Support Activities 107 106 99
324 Petroleum and Coal Products Manufacturing 221 241 254
325 Chemical Manufacturing 437 468 510
326 Plastics and Rubber Products Manufacturing 162 181 175
327 Nonmetallic Mineral Product Manufacturing 89 95 109
331 Primary Metal Manufacturing 155 151 156
332 Fabricated Metal Product Manufacturing 248 268 259
333 Machinery Manufacturing 281 288 287
334 Computer and Electronic Product Manufacturing 356 553 616
335 Electrical Equipment, Appliance, and Component Manufacturing 112 117 107
336 Transportation Equipment Manufacturing 588 645 689
337 Furniture and Related Product Manufacturing 68 79 76
339 Miscellaneous Manufacturing 104 126 137
Manufacturing 3,911 4,318 4,431
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.
2. Deflated using BEA's chain-type price indices for value of shipments.
Sources:U.S. Department of Commerce, Bureau of Economic Analysis (BEA), "Value of Shipments and Price Indexes by Detailed Industry 1998-2003," December 2005 and U.S. Census Bureau, Annual Survey of Manufacturers, Industry Statistics 2001 and 2004; 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 March 2010.