Released Date: May 2006
Page Last Modified:

Table 4c. Capacity Adjusted Value of Production ¹ by Selected Industries, 1998 and 2002
(Billion 2000 Dollars ²)

		MECS Survey Years
NAICS	Subsector and Industry	1998	2002
311	Food Manufacturing	431	452
312	Beverage and Tobacco Product Manufacturing	115	113
313	Textile Mills	55	51
314	Textile Product Mills	32	34
315	Apparel Manufacturing	66	53
316	Leather and Allied Product Manufacturing	11	8
321	Wood Product Manufacturing	88	95
322	Paper Manufacturing	172	160
323	Printing and Related Support Activities	108	107
324	Petroleum and Coal Products Manufacturing	223	232
325	Chemical Manufacturing	436	466
326	Plastics and Rubber Products Manufacturing	162	181
327	Nonmetallic Mineral Product Manufacturing	88	97
331	Primary Metal Manufacturing	155	151
332	Fabricated Metal Product Manufacturing	248	269
333	Machinery Manufacturing	281	289
334	Computer and Electronic Product Manufacturing	359	519
335	Electrical Equipment, Appliance, and Component Manufacturing	112	116
336	Transportation Equipment Manufacturing	588	641
337	Furniture and Related Product Manufacturing	68	80
339	Miscellaneous Manufacturing	104	128
	Manufacturing	3,914	4,279

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, Value of Shipments by Detailed Industry 1998-2003, Dec 2005 and U.S. Census Bureau, Annual Survey of Manufacturers, Industry Statistics 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 and 2002 obtained from Charles Gilbert, the Federal Reserve System, January 2006.