Industry Production Indices for Automotive Transportation Equipment

Industry Production Indices for Automotive Transportation Equipment

Industry Production Indices (monthly data, seasonally adjusted)

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Industry Production Indices (monthly data, seasonally adjusted). If you are a user with a disability and cannot view this image, please call 800-853-1351 or email answers@bts.gov for further assistance.

An industry production (IP) index is a measure of the output of a specified manufacturing, energy, or mining industry relative to a level of output (in terms of units) produced in the past.

Industries will expand or contract production to meet demand. For example, the demand for consumer light trucks has risen dramatically over the past ten years relative to demand for consumer cars. The current level of consumer light truck production is more than twice the level in 1992.

Industry Production Index (1992=100) Nov-01 Dec-01
Production Index of Consumer Light Trucks 251.50 259.57
Percent Change from Previous Month  11.06   3.21
Production Index of Commercial Motor Vehicles 143.58 151.24
Percent Change from Previous Month   5.43   5.33
Production Index of Consumer Automobiles  94.73 101.09
Percent Change from Previous Month   9.02   6.72

NOTES: These numbers represent three components of Standard Industrial Classification grouping for motor vehicles (371). The figures for selected non-automotive industries (372-6,9) are on the page entitled Industry Production Indices for Non-Automotive Transportation Equipment.

The dip in assemblies in mid-1998 was caused by a strike at General Motors in June and July.

Data from September to December 2001 are preliminary.

SOURCE: Federal Reserve, "Industrial Production and Capacity Utilization" Statistical Release; Jan. 16, 2002; available at: http://www.federalreserve.gov/releases/g17/download.htm.