
G17: G.17 Annual Revision Released
Published on June 28, 2024
The Federal Reserve has revised its index of industrial production (IP) and the related measures of capacity and capacity utilization. On net, growth rates for total IP were little changed in recent years, with most years unchanged; the rates of change for 2020 and 2023 were revised up by 0.1 percentage point and down by 0.1 percentage point, respectively. Similarly, the utilization rates for total industry are little changed from previous estimates.
