Full text of G.17 Industrial Production and Capacity Utilization : March 17, 1993

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FEDER AL RESERVE statistical release
G.17 (419)

For release at 9:15 a . m . (EST)
March 17,1993

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Industrial production rose 0.4 percent in February, the fifth consecutive monthly gain. The February gain in
production was slightly below the upward revised 0.5 percent rise in January and equalled the revised gain in December.
Although motor vehicle assemblies decreased more than 2 percent in February, increases in other components pushed up
manufacturing output 0.3 percent for the month. In addition, the output of utilities, which had been held down in January by
relatively warm weather, rebounded sharply last month. However, mining output weakened in February because of
reductions in oil and gas extraction and a coal mining strike.
At 111.8 percent of its 1987 average, total industrial production in February was 4.3 percent above its year-ago
level. Total industrial capacity utilization increased 0.2 percentage point in February, to 79.9 percent, the highest rate since
September 1991.
Market Groups
The output of consumer goods rose about 0.6 percent in February. Along with the rise in the production of
residential utilities, a sharp pickup in the output of appliances and gains in the production of consumer fuels contributed
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Percent chanae
1993
Jan/
D ec/

1992
Nov.r

Index. 1987=100
1993
Jan.r
Dec.r

110.4
110.3

110.8
110.5

111.3
111.0

111.8

.6
.5

.4
.2

Major market aroups:
Products, total
Consumer goods
Business equipment
Construction supplies
Materials

111.3
112.6
127.8
98.8
109.0

112.1
113.5
128.9
98.0
108.9

112.5
113.9
130.5
98.3
109.5

112.9
114.6
130.9
99.0
110.0

.6
.7
.8
.4

.8

.7
.8
.9
-.8
-.1

Maior industrv aroups:
Manufacturing
Durable
Nondurable
Mining
Utilities

111.3
110.2
112.7
99.4
112.4

111.6
110.8
112.7
98.7
114.2

112.5
112.0
113.2
98.4
112.2

112.8
112.4
113.4
96.4
116.3

.6
.6
.6
.6
1.5

Industrial Production
Total index
Previous estimates

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-92

1982
Low

Feb.P

1992
Nov.r

.3
.5

.1

-.8
1.7

Feb.P

Feb. 92 to
Feb. 93

.5
.4

.4

4.3

.4
.4
1.2
.3
.5

.4
.6
.3
.7
.5

4.4
5.3
8.2
3.1
4.0

.8

.3
.4
.2
-2.1
3.7

4.4
5.1
3.5
-2.0
9.2

1.1
.4
-.3
-1.8

Percent of Capacity
1992
1992
1988-89
Nov.r
High
Feb.

D ec/

1993
Jan.r

Capacity
growth
Feb. 92 to
Feb.P
Feb. 93

82.0

71.8

85.0

78.3

79.4

79.5

79.7

79.9

2.1

81.3
80.8
82.3
87.4
86.6

70.0
71.4
66.8
80.6
76.2

85.1
83.6
89.0
87.2
92.3

77.4
76.1
80.4
85.7
82.2

78.3
76.6
82.5
86.6
86.2

78.4
76.8
82.2
85.9
87.5

78.8
77.2
82.8
85.7
85.9

78.9
77.2
83.0
83.9
88.9

2.3
2.9
1.0
.1
.9

notably to the overall improvement; the deerease in motor vehicle output partly offset those increases. Production of
business equipment other than motor vehicles increased 0.5 percent in February. Strong increases in the output of
information processing equipment led the way again in February, rising 0.8 percent. The production of construction supplies
picked up 0.7 percent in February, although, on balance, it has only increased slowly since fall. The output of materials
increased 0.5 percent in February. The production of energy materials picked up, a move reflecting the gain in utilities. The
output of both durable and nondurable materials strengthened, with significant increases in the production of industrial
chemicals and equipment parts, particularly those related to computers.
Industry Groups
Within manufacturing, the output of durable goods rose 0.4 percent in February, while the production of
nondurable goods increased 0.2 percent. The gain in the production of durables was concentrated in a few industries.
Output of electrical and nonelectrical machinery, furniture, and stone, clay and glass products all increased 1 percent or
more. Along with the continued weakness in aircraft manufacturing and the dip in motor vehicle production, lower output of
lumber, steel, and instruments held down the increase in durables. Among nondurables, production of petroleum products,
chemicals, and leather products all rose significantly.
Capacity utilization in manufacturing increased 0.1 percentage point in February, to 78.9 percent. The gain
reflected further increases in utilization at primary processing industries; the operating rate for advanced processing
industries was unchanged. The utilization rate for primary processing industries now stands at 83.0 percent, 0.7 percent
above its 1967-92 average. By contrast, the operating rate for advanced processing industries remains more than
3 percentage points below its long-run average. Few advanced processing industries are operating at or above their long-run
utilization rate, with the largest shortfalls occurring in aerospace and miscellaneous transportation equipment, instruments,
apparel, and printing and publishing.

NOTICE
A revision to the industrial production and capacity utilization indexes will be
available with the release of the March indexes on April 16, 1993.
The revisions primarily reflect conversion of the indexes from 1987 forward
to the 1987 Standard Industrial Classification and the incorporation of more
comprehensive annual and monthly source data, where available, for the same period.
Information on definitional and other modifications to the structure and composition of the
indexes, which are not extensive, will be provided at the time of the release.
A diskette containing the data published in this release is available from the
Publications section of the Federal Reserve Board (202-452-3245).




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
February data

Seasonally adjusted
Industrial production indexes
Twelve-month percent change

Twelve-month percent change

5

0
-5
-10

5

0

-5
-10
1988

1989

1990

1991

1992

1993

1988

Total industry

1990

1991

1992

Manufacturing

Ratio scale, 1987 production = 1 0 0




1989

Ratio scale, 1987 production = 100

3

1993

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Index.

Proportion
in Total IP

1992
T o tal in d e x

Products, total
Final products
Consumer goods
Durable
Autom otive products
Autos and trucks

Autos
Trucks
Auto parts and allied goods
O ther durable goods
Appliances, T v s , and air-cond .
Carpeting and furniture
Miscellaneous

SeD.

Oct.

Nov.r

100.0 100.0

108.9

109.7

110.4
111.3
113.1

Nondurable

Foods and tobacco
Clothing
Chem ical products
P aper products
Energy products
Fuels
Utilities

Equipment, total
Business equipment
Information processing & related
Office and computing
Industrial
Transit
Autos and trucks
O ther

Defense and space equipment

60.8
46.0

61.2
47.1

109.6

111.2

110.7
112.4

26.0
5.6
2.5
1.5
.9

26.4
5.5
2.4
1.4

110.7
106.9
104.5
98.2

111.9
108.1
108.8
105.9
88.5
135.1
113.3
107.6
103.8
100.5
114.3
112.9
109.8
94.9
126.8
124.1
111.5
110.3

.6
1.0
3.1
.8

.9
1.4
20.4
9.1

2.6

3.5
2.5
2.7
.7

2.0
20.0

13.9
5.6
1.9
4.0
2.5

1.2

1.9
5.4

Not seasonallv adjusted

.8
.6
1.0
3.1
.8

.9
1.5
20.9
9.1
2.3
4.0
2.9
2.7
.7

2.0
20.6

15.9
7.2
3.1
3.8
3.0

1.2
2.0

88.1

115.1
114.0
108.9
108.5
100.9
114.2
111.7
108.9
95.5
124.1
124.2
108.1
103.5
109.7

D e c .r

110.8
112.1
113.9

Ja n .r

Feb.P

S ee.

Oct.

Nov.r

D ec.r

J a n .r

Feb.P

111.3

111.8

111.7

111.2

109.8

108.4

109.0

112.0

112.5
114.6

112.9
114.9

113.9
115.4

113.0
114.6

110.5

109.0

108.9

114.6
114.5
118.4
120.3

115.7
110.5
108.4
101.5

114.0
117.6
119.9

151.4
115.5
111.5
109.4
104.8
116.9
114.7
110.7
95.1
129.5
125.9
116.6
109.6
119.2

123.8
118.8

149.9
119.6
115.9
122.3
105.0
119.2
113.0
114.2
96.8
127.7
125.1
93.6
108.7
87.9

112.6 113.5 113.9
111.6 113.9
110.2 114.8 120.1

108.9

107.2
89.4
137.1
114.7
107.8
103.8
101.4
114.1
113.7

110.1

95.4
128.3
126.1

112.2

116.5
97.7
148.1
112.3
109.0
104.2
104.4
114.7
114.0
109.9
95.8
128.7
126.4
114.0
105.7
117.1

123.9
102.3
160.3
114.4
109.0
103.6
104.7
114.9
113.9

114.5
128.9
148.1
194.7

115.4
130.5
150.8

110.2

95.6
129.1
125.6
113.1
107.6
115.2

112.0

108.0
113.7

111.9
125.4
143.5
184.0

113.0
126.8
145.7
187.0

130.4
99.1
115.8
81.1
74.4

133.0
105.2
115.5
80.5
80.2
119.9

113.7
127.8
146.8
189.0
103.1
134.1
107.7
115.9
79.7
85.2
127.1

105.5
98.5
110.4

105.7
98.8
110.5

106.1
98.0

111.8

106.1
98.3
111.5

109.0

108.9

109.5

101.6 102.0

102.8

136.7
114.4
117.7
79.2
88.5
138.0

1993

1992

1993

1992

1987

Item

U >87=100

S easonallv Adjusted

200.1

103.2
139.8
121.4
116.8
78.3
84.7
143.0

101.8

120.0
88.2 102.2

112.2

107.3
105.6
119.2
117.1
116.6
98.0
136.8
133.7
95.3
104.6
91.9

112.1 110.9 111.5
111.0 109.7 111.2
110.4 102.8 106.0
111.1 101.6 109.1

108.3
91.5
136.6
115.3
109.9
109.6
103.4
114.2

95.9
82.1
119.0

108.4
90.8
138.0

103.7
92.0
99.8
112.7

103.6
102.7
96.8
108.6

109.2
94.8
123.5

103.8
91.7

104.6
89.7

106.4

143.2

162.1

113.5
127.1
146.3
187.8

112.3
125.4
145.1
187.0

135.3
107.4
113.3
79.7
95.8

128.9
94.9

125.4
145.4
190.7
99.5
132.7
107.5

104.2

112.7

110.2 110.1

111.2 111.6 112.6

121.8 120.0
121.6 121.9 118.2
107.4 134.3 147.1
110.0 110.2 106.7

115.2
130.9
152.0
204.1
103.5
138.3
119.8
117.7
77.6
76.6
142.0

120.7
81.0
78.4
122.3

106.7
99.0

101.1

105.7
99.2

115.2

108.1
101.9
112.4

110.2

103.1
94.7
109.0

108.4

108.5

108.6

107.4

114.9
129.4
149.2
194.6
105.2
130.9

101.6

115.3
129.8
148.9
193.6
103.1
140.9
117.6
115.8
80.0
87.6
134.3

102.1 102.1

111.8

112.2 112.1
78.4
79.9
101.0 91.5

111.9
114.2
114.3
114.8
119.6
124.1
105.3
155.6
113.0

111.1
111.0

106.0
114.3
114.1
106.8
94.2
121.7
120.3
142.5
104.5
156.7
114.2
129.6
147.9
194.5
103.6
138.7
124.1
119.0
77.9
75.1
126.0

.6
.2

4.1
.4

14.7

6.0

14.2
5.4

8.7

8.8

104.5
97.1
109.6

Materials

39.2

38.8

107.9

108.2

Durable

19.4
4.2
7.3
7.9

19.6
3.9
7.8
7.9

1.9
3.8

1.9
3.9

109.9
102.3
116.4
108.1
108.1
110.5
103.9
112.7
110.9
111.5

110.9
103.5
117.2
109.1
108.5
109.7
103.3
109.6

3.5

102.5

101.7

97.3
95.3
97.5

97.5
95.8
96.0

109.2
109.5
107.0

109.8

110.5

110.7

107.8

108.4

108.7

111.3
109.1

109.5

109.7

109.2

107.8

24.5
23.3

25.1
23.8

111.4

113.0
112.7

113.3
113.4

113.3
114.0

114.3
114.4

116.5
118.0

113.6
116.4

111.4

106.9

111.4
107.1

113.7

111.9

12.0

12.7

14.8

12.8

127.9
115.9

128.9
117.0

129.7
117.9

130.3
118.3

131.4
119.3

132.0
119.1

132.1
118.9

130.9
119.4

129.1
117.3

128.3
115.4

127.2
114.9

130.1
119.1

28.4

28.7

110.1

110.5

111.6

111.4

112.6

113.1

111.3

112.4

111.5

108.9

109.9

114.6

Oil and gas well drilling
M anufactured homes

Intermediate products
Construction supplies
Business supplies

C onsum er parts
Equipm ent parts
O ther
Basic m etals

Nondurable
Textile
P aper
C hem ical
O ther

Energy

Prim ary
C onverted fuel

2.8
9.0
1.2
2.1

10.9
7.2
3.7

.2 111.2

2.8
9.1
1.1

110.2
2.2
112.6
10.1 102.0 102.0
6.6 101.8 102.1

112.0 112.1

112.1
110.0

109.4

120.6

100.8

91.9
106.9

109.1

104.4
94.7

111.1

112.3

114.1 110.9 112.4 111.9 110.4 110.2 115.0
106.4 101.6 105.4 104.5 102.9 103.6 109.2
121.2 116.0 117.2 119.4 120.4 119.3 121.0
110.2 110.2 111.6 111.6 111.1 111.5 108.9 105.0 105.2 112.5
111.3 108.9 111.5 111.3 107.9 109.1 109.3 103.6 109.8 114.5
110.6 109.9 110.4 111.0 112.2 112.5 110.6 105.6 109.3 113.7
96.2 102.8 106.4
103.8 102.7 105.0 105.3 107.6 107.5 103.5
111.0 113.2 110.7 110.4 112.9 109.9 111.3 107.7 113.3 114.4
111.1 108.6 109.5 110.7 112.9 111.1 111.0 107.3 107.9 113.6
112.9 113.5 115.0 115.1 112.8 119.8 113.0 106.0 111.8 117.3
102.4 102.3 101.3 102.0 100.7
98.4 101.1 103.6 107.0 106.3
102.3 101.9 101.1 100.6
99.4
98.0 101.0 102.2 105.1 104.5
103.8
118.7

103.8
118.9

113.6
105.9
120.3

102.4

103.2

101.7

104.9

103.3

99.1

101.3

106.3

110.7

109.8

108.7
108.9
106.4

109.0
109.2
106.9

112.0

SPECIAL AGGREGATES
Total excluding:
Autos and trucks
Motor vehicles and parts
Office and computing m achines

Consumer goods excluding:
Autos and trucks
Energy

111.0

110.1

112.2

110.8 111.0

111.0 111.6 112.0 111.0 109.8
111.8 112.4 111.3 110.1

111.2 110.6

111.7

109.9

111.0

Business equipment excluding:
Autos and trucks
Office and computing equipm ent

Materials excluding:
Energy




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1991 Q4
to
1992 Q 41

Seasonal ly adj usted
annual rate
1992
Q2
Q4r
Q1
Q3

Total index

2.2

-2 .9

5.2

2.3

4.4

Products, total
Final products

2.3
2.5

-2 .8
-3 .8

4.5
5.7

1.5
1.4

6.4
7.0

-3 .0
-6 .5
-1 4 .7
-30.9
-31.8
-29.8

21.2

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durablegoods
Appliances, T vs , and air-cond.
Carpeting and furniture
Miscellaneous

Nondurable

Foods and tobacco
Clothing
Chemical products
Paper products
Energy products
Fuels
Utilities

Equipment, total
Business equipment
Information processing & related
Office and computing
Industrial
Transit
Autos and trucks
Other

Defense and space equipment
Oil and gas well drilling
Manufactured homes

Intermediate products
Construction supplies
Business supplies

Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals

Nondurable
Textile
Paper
Chemical
Other

Energy

Primary
Converted fuel

2.8

3.3
7.2
9.6
1.9
19.5
3.8
.3

2.8

.5
-.9
2.7

2.1
8.8
-.6

-1 .0

2.4
4.1
1.9

2.1
4.9
10.4
20.7
-1 .7
2.7
11.5

2.2

-10.0
9.0
47.7

1.8
1.0
2.0

12.1
.2

3.5
1.5
-2.1
-2.1
-.5
-5 .0
3.2
-2 .7
-11.0
-.5
-1 4 .4
-4 .8
-3 .3
5.8
13.2
-12.1
-10.5
-23.6
-4 .6
-10.9
-17.6
74.5

5.2

39.0
72.6
91.7
50.2
4.9
9.3
15.2

10.2

5.9
1.4

.1
2.6

9.5
-5 .2

.8
3.3
.0

6.4
10.7
13.3

22.0

6.3
16.1
59.6
2.5
-9.1
21.4
-2 .0

1.6

-4 .2
-8 .6
-17.9
-26.8
-4 .3
5.5
-.7
5.8
-6 .5
-.4
3.2
6.4

.2

4.2
-3 .5

1.0

-7 .0
4.0

1.2
4.3
11.4
26.7
-.3
-5 .0
-12.5
3.3
-10.6
-8 .2
48.9

7.7
4.8
21.7
47.2

12.6
102.1

-6 .3
-6 .8
-11.5
-2 .6
-6 .6
8.4
2.7
-1 .6
18.8
9.8
21.4
22.7

21.0
6.1

8.5
11.3

21.2

.4
12.9
44.5

8.1

-9 .5
53.6

86.8

2.7
-.4

.4
4.7
-2 .2

3.7

1.8
.6

1.6
6.0

-3 .2

6.4

3.6

1.4

-2 .6
-11.3
3.5
-4 .0
-6 .3
-1 .4
3.0
-9 .5
-2.1
5.1
-6 .0
-6 .2
-5 .6

7.5
21.5
3.2
5.5
4.6

3.5
4.3
4.5
2.3
10.5
3.7
3.0
7.0
5.3
-1 .3
3.6

3.5
4.1
4.6

-2 .2
-2.1
-3 .5

4.0
3.8
4.6

2.8

-1 .2
-2 .0

2.5
5.7

4.4
1.5

-1 .7
-6 .7

7.6

2.6

-2 .2

3.2

2.9
4.0
3.9
1.4
1.5

1.8
1.1

3.2
1.4
2.4
.3
.7
-.5

.8

8.0

8.3
7.4
10.9
3.5

2.8

-.3
9.0

8.8

4.3

2.1

-2 .0
-2 .7
-1 .2
.3
-7 .4

2.6
1.1
1.2

Seasonallvadiusted
1992
1993
Nov.r Dec.r Jan.r Feb.P

.6
.6

.7
.7
.7
1.3 .

1.2
1.0

1.5
1.3

.2
.1
.9
-.1

.7
.3
.5

.4

.5

.4

-1 .3

-1 .3

.7

.4
.5

.4
.3

-2 .2
-2 .2

-1 .4
-1.1

-2 .6
-6.1
-7 .3
-9 .8
-10.5
-8 .9
-3 .6
-5 .2
-10.4
-1 .6
-4 .2
-1 .6

-1.1
-6 .9
-8 .5
-11.5
-10.3
-12.9
-4 .4
-5 .6
-16.0
-3 .5
-1 .3
.4
-5 .0
-3 .2
-1 .4

.8
.8

2.5
4.2
8.7
9.3

8.0
1.2

-2 .2

.3
3.0
.5
.3

-.1

-2.1
1.5

.5
.3
.3
1.7
-2.1
3.0

.6
.8
.8
1.1
1.1
.8

.7
.9
.9
3.0
-.3
1.9

1.2
1.6
.6

2.4
.3
-1 .0

6.2
6.0
.2
.4
.1
.8
1.0

.3
1.3

1.0
2.5
.8

.5
1.3
.9

.2
.4
.2

Not seasonal Iv adiusted
1992
1993
Nov.r Dec/
Jan/ Feb.P

6.2
1.6

-.7
4.0

8.6

.4

.4

2.1

4.6
6.4
4.7

8.2
1.9
.0
-.5
.2
.1
-.1
.2

.5
-.5
.3

1.7
-1 .7

3.1
1.9
3.5

-.6
-.8

.7

1.2
1.8
2.8

.4
2.3

.2

-.1
.3
.8
2.0

-4 A

-2.1
-3 .3
-2 .8
14.8

1.1
21.0

.2
.2

25.1

34.6

-1 .5
-2 .0
-1 .7
-3 .0
-.9
-4 .0
-8 .7
-2.1
-.3
9.4
-10.2

-1 .0
-1 .4
-.9
-.4

5.4
-13.7

.0

-1.1
-4 .3
3.6

.3
-1.1
-1 .3
.7
-.9
-9 .6
-.7

.3

.0
-.2

.7
.5

-2 .2
-2 .6
-1 .9

-2 .4
-4 .6
-1.1

.5

.5

.1

-1.1

1.4

.4
.5

-.4
-.9

6.1
-.8

-2.1

.0

1.3
-1 .0

-.4
.7

2.2
.2
1.7
.6

5.5

-.3
.3

-.8
1.2
-.1
.1
.1
.1
.0
-2.1
-.6
-1 .0
2.0

-2 .3
.5

.6

.5
-1 .5
-2 .9
-.5
-5 .5
.9

2.0
1.2
1.2

2.3
.5

.6

.8
.0
-.2

1.8
.2

-2 .3
-1 .7
-3 .8

—4.7
-11.6
-1 .0

.2

.5

-.1

.5

1.4
3.2
7.3
13.1

10.6
-.2
.0
11.6

16.0

-3 .0
-3 .7
.9

.8

2.8

4.3

2.7
2.5

4.4
5.0

2.8

8.3
9.7
14.5
16.0

12.8
2.6
7.2
8.0

9.6
5.3
1.3

2.1

-2 .2
-1 .5
-3 .0
9.5
-3 .2
13.2

5.0
1.4
1.7
-3.1
-2.1
-3 .4

-.5

2.1

.1
.3
2.0

Feb.92
to
Feb.931

3.3
1.7

2.0

5.3
8.7
16.5
27.6

20.0

37.5
2.5
3.0
6.3
2.4

1.6

4.4
3.1

-.2
9.5
1.0
9.5
5.9

10.8

4.6

8.2

12.9
25.7

2.2

-2 .5
3.0
13.2

4.1
4.5
15.5

-1 .9
-9 .4

-.7
-18.0

-2 .3
-2 .9
-1 .9

3.6
3.0
4.0

3.1
2.3

2.9

4.0

4.4
5.3
1.4
6.9
4.2
4.1
3.5

5.5
9.6
5.3
3.8
3.7
3.6
3.8
3.4
3.8
3.6
1.5

-.1

8.2

1.6
-.2

6.2

11.8

-1 .4
-1 .5
.9
-3 .6
-5 .2
-4 .4
-7 .0
-3 .2
-3 .3
-6 .2
2.4

3.4
6.9
5.2
.5
5.4
3.3

4.9

4.2

-.6
-.8

.2
.2

2.5
2.5

.7
-.9

.2
6.0

7.1
26.5
4.9
-10.0
3.6
39.7

2.6

2.2
.8

.5
.3
-.3

-.8

-1 .4

.7
-.5
3.1

1.2
-.1
2.8
3.1
2.2

.5
.5
.3

-1.1
-1.1
-1 .2

-1 .0
-1.1
-1 .3

.5

-2 .2
-4 .2

-.5
-4 .0

.2

3.7

4.2
4.9

1.1
.1

-5 .7

1.2

2.8

1.0

5.3
5.0
-.7

.0

.9

.7

2.9
1.4

3.5
3.6
3.7

.6
.6
.6

.3

.3
.3
.4

2.8
1.6

6.2

5.8

.7
.7

.3
.7

.5

8.2

5.8
-.5

5.5

.7
.7

.5
.4

.8
.8

-.1

-1 .4
-1 .8

-1 .6

-.9
-.5

2.3
3.7

6.9
4.2

7.7

3.6

1.5

.9

1.1

.4

-.8

-2 .3

.9

4.3

4.9

-5 .6

4.4

SPECIAL AGGREGATES
Total excluding:
Autos and trucks
Motor vehicles and parts
Office and computing machines

2.0
2.0

1.5

Consumer goods excluding:
Autos and trucks
Energy

2.4

2.8

Business equipment excluding:
Autos and trucks
Office and computing equipment

Materials excluding:
Energy
1. Based on seasonally adjusted data.




6.1

.2
.2

-.1

.0

.8

.3
.5

-.6

.7

2.8
2.1

3.7
3.7
3.5

Table 2B
INDUSTRIAL PROD UCTIO N: INDUSTRY GROUPS
Percent change

SIC

Item

1991 Q4
to
1992 Q 4 1

Seasonal ly adj usted
annual rate
1992
Q4r
Q2
Q3
Q1

Total Index

2.2

-2 .9

5.2

2.3

4.4

Manufacturing

2.4

-2.1

5.5

2.1

4.2

2.8
2.2

-.3
-2 .9

5,4
5,6

4.0
1.4

2.4
5.0

5.0

-3 .9
14.8
-7 .3
3.2

6,9
-7.1
13.2
9.6

7.7
-1 ,8
,9

2.0

-1.1

^ ,0

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products

24
25
32

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Nonelectrical machinery
35
Office & computing machines
357
Electrical machinery
36
T ransportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and raise.
Instruments
Miscellaneous

37
371
372-6,9
38
39

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

20
21
22
23
26

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products

27
28
29
30
31

Mining
Metal mining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

10
11,12
13
14
491,3pt
492,3pt

2.3
6.4

-.2

3.3
1.9

.2
1.6

7.5
20.7
2.9
-1 .9
6.9
8,5
-9 .4
-1 .3

-6

2,5
1.4
9,8
2.9
-1 .2

.1

2.0

9.5
-5 .5
-6.1
-2 .2
13.3
.5
-16.3
-20.0
-31.0
-13.0
-.4
-1 .2
.3

-.1
6.8

.9
-4 .6
-5 .6

-.1
2.1

-2.1

-6,1
7,1
8,5

12,6
22,0

4,9

12,6

44.4
75,1
-9 .7

2.1

-6 ,5
3.9
-1 .3

10,6

7.1
2.9
3.3

2.4

-8 .4
-9 .3
-19.1
-7 ,7
-2 .7
2.3

7.4
24.6
41.7
-7 .0
-4 .0
3.3

2.7
3.4
38,2
-.7
5.7

3.1
3.8
--11.0
1.7
-2 .3
-2 .5

-3 .6
4.2
—8.2
4.6

4.1
13.7
3.8

1.8

-.7
6,7
-2 .0
-1.1
-.3

-7.1
. .8
-6 .9
-8 .4
-3 .0

4,3
20.4
-9 ,7
6,5
4,8

17.9
-2 .8
-2 .0

3.5
-,3

-8 .5
-6 .7
-15.9

1.5
2.3
-2,1

2.2
1.6

-1.1
-2 .7

3.9
4,8

5.7
9.9
15.8

6.6

-4 .3
-5 .3
4.4
10.4

2.4
4.7
-6 .2

11.6

5.1
11.4
-3 .7

9.3
12.3
9.6
5.2
1.9
9.9
26.7
2.7

-,4
5,4
3,1
5,7
2,7

2.8

-3 .4

1.6

2.6

8.0

21.2

3.7

6.0

-.1

Seasanallvadiusted
1992
.1993
Nov.r Dec.r J<|n.r Feb.P

,6
.6
.8
.5

.6
-.1
.1
1.1
.8
-.1

1.5

1.4
.5

1.0
1.1

1.7

.0
1.1

1.4
-1 .2

-.8

.4
.3
-.3

.6

.5
-1 .9

1.8
1.0

-.9

-.6

-1.1
-1 .3

.1
1.6

3.0
-.9

2.1
8.8
-.6
-.1

4.9

.3

.3

.6
.1
1.3
.6

-.4
.5
.3

.3

1.4
.3

1.0

-.5
.9
-1.1

.1

.1
1.0
1.1
-.8
-1 .4
1.0
-.9

.8
.8

-2 .4

-2 .6
-3 .6
-2 .2

1.1
2.8
-.6

.4
-.9

-1 .8
-5 .2
-1 .3
-2 .2

-1 .9
-6 .5
-.9
-3 .0

-1 .8
-3 .4
-.9
.5
-1 .0
-1 .9
-3 .0

-5 .3
-4 .7
-2 .9
-6 .0

1.0

-1.1

1.9

3.4
4.0

-.4
-.4
-1 .3
-.3

6.1
2.6
.1
1.2
2.8
1.1

1.7
4.6

6.2

-1 .4
.4

.2

.6
1.0
2.0

1.5

-1.1
-1 .2
-2 .6
-1 .0
-.5
.4

1.7

.2
.1
-8
.1

-.3

-.3
-.7

-.3
.4
1.7
.5
.5

.7
1.3
.3
1.5

.4
.9

.2
-.2

1.5
1.4
1.7

1.8
1.2

-1 .8
-1 .8
-1 .8

2.7

3.2
3.4

.6
.6

.1
.2

.7

1.7

.3

-2 .0
-2 .6

11.5
8.5
25.5

-4 .5

-1 .3

.2

7.7
10.7
—4.1

.8

7.4

-1 .3

.4

-1 .0

-1.1
-4 .4
-6 .9

.4

.7

.6
2.8
-.5
.6

1.3

11.8

-.8
-.1
-.8
1.0

.5

Not seasonallv adjusted
1992
1993
Jan/ Feb.P
Nov.r Dec/

-.3
.7
3.7
-1 .3

-.2

.1

-.1
-.1

.5

-.2
.8
-.6
.2
1.6

-1 .2
-4 .4

8.5

10.8
6.7
5.3
-3 .2

-.2
2.0
-.2

.6

-.4
-1 .9

-3 .0
-5 .7
-9 .7
-1 .8
-5 .8

-2 .9
-6 .3
-11.3
.4
-1 .6
-2.1

-3 .7
-1 .3
-1 .8

-3 .3
-3 .7
-8 .4
-4.1
-.9
-2 .0

-3 .5
-3.1
-22.0
-7.1
-1 .3
-4 .3

-1 .7
24.0
1.9
-2 .9
7.0

-4 .8
-2 .4
-1 .2
-3.1
-2 .9

-2 .0
-2 .2
-3 .0
-3 .9
-10.0

-.1

2.1

1.7
7.4

12.8
-.6

-5 .5

-.2

-4 .6
-1 .2
4.4

-.2

.0

2.2
.8

-1 .8
-6 .6
-6 .8
.5
-6 .0

3.7
3.8
3.3

9.7
3.7
41.4

14.6
6.7
45.7

5.7
15.2

.4

-2 .3
-2 .4

-2 .4
-2 .8

-.3

-2.1
.4
-4 .2
-2 .0

5.5
1.4

3.2
6.4

-.8

-9 .9

8.1

Feb.92
to
Feb.931

2.8

4.3

3.5

4.4

4.8
2.9

4.3
4.4

3.6
4.7
7.4
2.9

5.1
3.6
3.7
5.2

4.4
5.1
2.7
3.3
5.1
3.8

4.7
6.3
2.4
2.3
3.7

2.0
1.8

3.7
9.1
14.6
-1 .7

1.2
8.2

12.1

25.7
5.2
3.4
18.3
26.6
-9 .3
-1 .7

.8

3.4
1.3

3.5
2.3

6.9
1.9
1.4

4.8
-.3
2.9

3.1
3.2
-.5

6.1

8.6

8.2

.3

11.1
8.1

5.1
6.5

-1 .3
5.7

-2 .0
5.6
-1 .7
-3 .4

2.2
-3 .0
.6
-.1
2.6

6.8

2.8

-7 .0

9.2
9.7
7.2

3.2
3.6

3.7
3.4

SP ECIA L A G G R E G A TE S
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines
1. Based on seasonally adjusted data.




1.0

.6

.2

-.6

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index. 1$587=100

Proportion
in Total IP
Item

SIC

Total index
Manufacturing
Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products

24
25
32

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Nonelectrical machinery
35
Office & computing machines 357
Electrical machinery
36
T ransportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous

37
371
372-6,9
38
39

Nondurable

20
21
22

1992

1992
Seo.

100.0 100.0

108.9

109.7

110.4

1987

84.4

85.2

109.8

110.6

111.3

110.8
111.6

26.7
57.7

26.0
59.2

105.7
111.7

106.6
112.5

107.4
113.1

107.2
113.7

47.3

2.0

47.2

1.4
2.5

1.8
1.3
2.2

108.2
96.7
100.5
96.1

100.8

3.3
1.9

3.1
1.9

1.4
5.4

1.3
5.0

.1

8.6
2.5
8.6
9.8
4.7
2.3
5.1
3.3

1.2

37.2

8.8
1.0
1.8

.1

10.0

4.0
8.9

8.8
2.2

4.2
4.5
3.5
1.4
38.0
8.9

Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

23
26

2.4
3.6

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products

27
28
29
30
31

6.4

10
11,12

7.9
.3

7.2
.5

5.7
.7

4.9
.7

7.6

6.0
1.6

7.6

79.8
82.0

Mining
Metal mining
Coal
Oil and gas extraction
Stone and earth minerals

13
14

Utilities
Electric
Gas

491,3pt
492,3pt

Seasonallv Adjusted
1993
Nov.r Dec/
Jan/
Oct.

8.6

1.3
3.0
.3

1.2

1.0
1.8
2.1

109.5

111.2

109.8

108.4

109.0

112.0

112.5

113.7

113.6

110.8

107.9

107.7

111.4

108.0
114.6

108.5
114.9

108.2
116.3

109.1
115.6

106.9

103.1

103.9

108.9

134.6
194.6
112.5

132.5
193.7
115.6

130.0
187.8
116.4

129.8
187.0
114.1

129.6
190.7
113.9

134.5
194.5
116.0

95.8
98.3
99.5
93.4

101.4
109.1
117.1
94.4
118.7
124.0

98.4
102.9
105.8
94.4
116.6
116.9

95.5
96.4
93.8
94.7
114.7
114.5

97.1
103.5
105.8
91.3
113.2
112.4

100.7
112.9
121.3
89.7
114.6

115.5
115.5
119.0

111.2

111.7

107.8
107.8
84.9
99.0
97.0

107.2
106.0
105.3

110.2 110.8 112.0

99.6
97.7

100.4
101.3
98.8

103.2
100.7
97.7

104.2
106.3
101.7

105.3
107.2
101.5

104.3
106.5
100.4

112.1

102.9
130.4
187.0
112.7

103.4
131.7
189.0
114.6

103.5
133.8
194.7
113.5

107.9
110.7
106.6
103.9
103.6
135.4

200.1

95.6
97.2
96.7
94.1
118.1
118.6

97.5

103.1
94.1
117.8
119.7

97.5
102.4
104.6
93.0
116.8

99.5
107.4
113.7
92.5
116.7
120.3

112.4
120.7
91.2
117.2

112.7

113.2

113.4

108.2
107.8
97.9
108.7

108.4
109.6
97.7
108.3

107.5
109.7
97.4
107.6

114.5
119.5

111.0
121.1

123.8
124.8
113.1
121.7

85.7

114.7
120.3
112.4
121.5
87.0

88.8

113.4
122.7
91.3

98.4
160.9
110.7
91.4
106.4

96.4
161.5
106.1
89.5
106.4

97.6
160.7
106.6
90.9
109.5

99.7
155.2
107.3
93.6
111.7

116.3
119.6
104.0

104.3
117.0
57.4

112.9

102.0

101.2 102.6 101.2

101.2

111.8 112.0
110.2 111.2

120.0

112.7
111.5
107.7
107.4
97.8
107.6

114.8

111.0 112.0 112.1

113.6
119.9
110.7
119.3

86.0

114.9
119.0
109.2
120.5
85.3

98.3
158.6
103.7
93.0
105.2

98.8
155.7
103.9
93.9
104.9

99.4
167.1
106.8
93.4
105.5

98.7
159.7
106.7
92.6
106.6

1.5

113.8
97.0

110.7
113.7
99.6

112.4
115.3
101.3

114.2
117.4
102.5

115.2
100.7

81.0
81.2

110.5
107.6

108.3

111.9
109.1

112.5
109.9

1.2

6.2

110.2

117.6
90.3
116.6

120.6 121.0

113.4
118.7
111.3
118.3
87.0

.2

107.5
110.3
105.1
103.5
104.2
136.7
204.1
116.5

101.2 100.1
111.0

113.2
118.3
107.4
117.3
86.4

6.6

112.4
102.3
101.7
99.5

112.6 110.1 109.4 112.6
110.5 112.0 110.0 107.9 108.1 112.0
101.0 105.0 99.6 93.1 94.6 99.1
98.0 105.2
105.6 101.4 100.1
99.1
99.2 101.2
99.0
96.0
91.8
94.4
102.0 104.9 102.9 97.5 105.8 110.5
102.2 106.3 102.7 97.8 108.3 113.9
98.4 101.0 100.1
97.2 103.8 106.6
101.6 102.8 103.3 97.1 102.2 105.6
103.1 104.6 103.6 103.4 100.0 105.2

102.3
99.5
97.8

103.0
99.8
100.5
101.3
129.1
184.0

Feb.P

111.7

107.6
106.1
97.2
106.2

9.3
1.3
3.3

Not seasonallv adjusted
1993
Jan /
Oct.
Nov/ Dec/

111.8
112.8

111.3

110.5
106.6
97.6
108.6

3.5

Feb.P

1992
Seo.

112.2

121.1

125.9
117.9
117.2
115.6
112.4
98.7
109.4

111.1

99.1
108.9
118.1

120.1

109.0
106.6
98.3
106.8
112.4
117.2

112.0

118.9
88.7

102.1
110.1

114.6
108.7
114.2
79.8

101.8 100.0

101.0

94.2
109.3
104.0
114.3
103.7

121.6
110.8

107.4
114.3
107.9
96.0

110.8

83.4

107.2
118.0
103.2
125.3
90.1
98.5
166.8
110.3
92.5
95.9

112.8

163.7
108.9
95.6

152.9
101.5
96.1
105.8

99.8
157.7
108.0
95.3
95.3

97.5
104.2
72.7

106.9
108.0

102.8

122.5
115.2
149.7

132.5
121.7
172.6

132.4
124.8
160.5

114.6
111.3

113.8

111.2

111.3
108.5

108.5
105.5

107.9
105.2

111.4
109.0

9.9
5.7
4.1
3.9

11.3
6.4
4.9
4.7

9.8
5.5
4.3
4.1

9.5
5.4
4.1
3.9

9.8
5.4
4.3
4.1

10.7

112.6

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines

111.1

Memo: Motor vehicle assemblies1
Total
Autos
Trucks
Light
Heavy and medium

9.3
5.5
3.8
3.6
0.3

9.9
5.5
4.4
4.2

0.2

111.8

109.0

10.0

5.6
4.5
4.2
0.3

10.8
6.1

4.8
4.6

0.2

11.5
6.3
5.2
4.9

0.2

110.1

11.2

6.3
4.9
4.6
0.3

0.2

0.2

0.2

0.2

0.2

6.0

4.7
4.4
0.3

1. Millions of units at an annual rate.
Note— Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, nonelectrical machinery, electrical machinery, transportation equipment, instruments, miscellaneous
manufactures, and government owned-and-operated ordnance.




Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1992
Proportion

1967­
1992
Ave.

1973
Hiah

1975
Low

1978­
1980
Hiah

1982
Low

1988
1989
Hiah

1992
Feb.

1992
Sep.

Oct.

Nov.r

Dec J

1993
Jan.r

Feb P

Total industry

100.0

82.0

89.2

72.6

87.3

71.8

85.0

78,.3

78.6

79.0

79.4

79.5

79.7

79. 9

Manufacturing

86 2

81.3

88.9

70.8

87.3

70.0

85.1

77,.4

77.5

77.9

78.3

78.4

78.8

78. 9

Primary processing
Advanced processing

25 1
61 1

82.3
80.8

92.2
87.5

68.9
72.0

89.7
86.3

66.8
71.4

89.0
83.6

80,.4
76,,1

81.3
76.0

81.9
76.3

82.5
76.6

82.2
76.8

82.8
77.2

83. 0
77..2

Durable

49 6
18
14
23

79.2
82.2
82.3
78.1

88.8
90.1
96.8
89.2

68.5
62.2
64.3
67.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
91.2
88.3
86.4

74,.5
78,.5
75..6
72..1

74.4
76.6
76.7
73.2

75.1
79.7
75.9
74.4

75.5
80.9
75.7
74.5

75.8
79.3
77.0
75.2

76.4
81.5
76.4
74.4

76..6
80. 8
77.,1
75. 8

333-6,9
3331
3334

31
19
01
12
00
01

79.9
79.3
78.7
81.3
72.5
89.6

100.6
105.8
102.7
92.9
92.1
95.7

66.2
66.6
66.0
61.3
55.0
73.3

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

91.6
92.0
94.1
95.0
97.9
103.5

79..5
77..4
77,.2
82..9
80..1
96..6

80.1
78.8
77.0
82.2
90.5
99.6

82.0
81.6
78.7
82.7
88.5
99.5

83.1
82.6
78.9
83.8
91.2
99.4

82.5
82.3
78.3
82.7
89.1
99.0

85.5
85.9
83.4
84.8
84.1
94.0

85..3
85. 8
82..6
84. 5

Fabricated metal products
Nonelectrical machinery
Electrical machinery

34
35
36

52
10 3
9..4

77.7
81.0
80.0

87.8
96.4
87.8

65.9
74.5
63.8

83.9
92.1
89.4

62.9
64.9
71.1

85.1
83.5
83.1

75.,1
74.,2
74.,8

75.3
76.9
74.3

76.4
77.4
74.5

76.7
78.0
75.6

76.8
79.0
74.6

76.7
79.6
75.3

77.,1
80.,1
76..1

Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous

37
371

75.0
76.0

83.8
93.4

58.2
51.1

372-6,9
38
39

9..9
4.,6
2,.4
5..3
3..8
1..3

75.4
82.3
76.7

77.0
89.9
82.9

66.6
75.2
65.4

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.6
85.5
83.6
86.2
83.9
85.5

70..0
68. 9
65.,5
70.,9
74.,3
81.,8

68.5
70.8
67.0
66.4
72.2
79.5

69.7
73.6
71.2
66.3
71.8
80.1

69.6
74.3
72.1
65.5
70.9
80.2

71.0
77.9
78.2
65.0
70.6
80.2

72.1
81.4
82.8
64.0
70.7
80.2

71.,2
80.,3
80..4
63. 3
70. 1
80..3

20
22
23
26
261-3
27

36..6
8..8
1 .6
2..2
3..1
1 ,.4
6..6

83.5
82.2
86.1
80.9
89.8
92.1
86.6

87.9
86.0
92.0
84.2
96.9
97.1
89.7

71.8
78.1
60.4
61.9
69.0
70.0
75.2

87.0
84.3
91.7
86.0
94.2
98.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.7
83.0
91.2
84.2
95.8
97.7
90.4

81..3
79. 6
88..2
74.,7
87.,6
89. 5
81. 3

81.7
78.9
88.9
74.0
90.0
92.6
78.4

81.7
79.5
88.4
73.7
87.8
91.3
78.2

82.0
79.6
89.4
74.0
88.9
91.2
78.1

81.9
79.0
89.5
74.0
89.6
93.0
78.7

82.0
79.6
91.0
73.8
89.1
90.9
78.2

82..0
79. 5
90..9
73. 5
88..4
78. 0

9.,0
.9
0 ..3
1.2
3.0
0.3

79.8
85.8
84.0
85.6
83.9
81.8

87.9
102.0
93.8
96.7
94.0
81.3

69.9
50.6
51.7
81.1
58.8
67.7

70.1
63.4
64.4
68.2
73.5
78.1

86.8
98.9
94.5
90.3
90.4
88.4

79. 1
83..0
78. 5
88.,1
83. 6
70.,0

81.4
85.1
85.8
88.3
84.2
74.8

81.4
82.8
82.9
91.5
84.7
75.4

82.1
84.1
86.1
91.0
85.2
74.6

81.3
79.1
80.1
89.7
85.8
74.0

81.5

81. 9

90.9
98.5
89.5
90.4
92.4

78.5
91.2
86.0
74.5

92..4
86.,0
75..7

13
138
14

6,.6
0.5
1 ,.2
4,.3
0,.6
0 ..7

87.4
77.1
87.2
88.2
72.6
84.3

94.4
90.3
90.8
96.6
93.0
93.7

8,8.4
74.4
82.5
91.9
95.3
73.3

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.2
87.2
94.4
86.6
58.8
94.3

85. 7
76..2
83.,3
89..3
50.,5
73..8

85.6
78.2
78.9
90.2
53.6
73.9

86.1
76.7
78.9
91.1
58.2
73.5

86.6
82.2
81.0
90.7
62.3
73.9

85.9
78.4
80.7
90.0
65.3
74.5

85.7
78.9
83.6
88.9
63.0
74.2

83. 9
79.,1
79. 9
87..2
57. 3
74..0

491,3pt
492,3pt

7..2
5.5
1,.7

86.6
89.1
81.4

95.6
99.0
93.2

82.5
82.7
81.0

88.3
88.3
93.6

76.2
78.7
70.8

92.3
96.2
80.3

82. 2
86..8
67..3

84.6
89.9
67.4

85.0
89.8
69.1

86.2
91.0
70.3

87.5
92.5
71.2

85.9
90.7
69.9

88..9
94..1
72.2

Item

SIC

Lumber and products
24
Furniture and fixtures
25
Stone, clay, and glass products 32
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum

33
331,2

Nondurable

Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

Chemicals and products
28
2821
Plastics materials
2823,4
Synthetic fibers
Petroleum products
29
Rubber and plastics products
30
31
Leather and products
Mining

Metal mining
Coal
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals

10

11,12

Utilities

Electric
Gas

0 ,

92.2
85.1

90.,8

Note— -Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastic products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced
processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals,
leather and products, furniture and fixtures, nonelectrical machinery, electrical machinery, transportation equipment, instruments, miscellaneous
manufactures, and government owned-and-operated ordnance.




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

Item

SIC

Percent change
Annual rate.
m
~
1967- 1975­
1992 1975 1992
Ave.
Ave. 1988 1989
Ave.

1990

1991

1992

1992
Feb.

1992
Sec.

Oct.

Nov.

Dec.

1993
Jan.

Feb.

2.4

2.5

2.6

2.1

137.0

138.6

138.9

139.1

139.4

139.6

139.8

3.0

Total industry

3.7

2.6

2.2

f

Capacity indexes
Percentof 1987 cutout

3.4

3.9

3.1

2.8

2.9

2.9

2.9

2.4

139.7

141.6

141.9

142.2

142.5

142.7

143.0

Primary processing
Advanced processing

2.2
4.0

4.0
3.9

1.3
4.0

2.0
3.2

2.4
3.2

2.2
3.3

2.1
3.2

1.0
2.9

129.3
144.6

130.1
147.0

130.2
147.4

130.3
147.7

130.4
148.0

130.5
148.4

130.6
148.8

Durable
24
Lumber and products
25
Furniture and fixtures
Stone, clay, and glass products 32

3.5
2.1
3.2
1.5

3.7
2.9
4.5
2.5

3.5
1.7
2.5
1.0

2.6
4.1
2.5
.9

2.7
2.8
2.7
1.3

2.8
1.8
2.2
.9

2.8
.8
2,0
,9

2.2
.6
1.7
.1

143.7
125.9
129.8
131.3

145.5
126.3
131.1
131.3

145.7
126.4
131.2
131.3

146.0
126.5
131.4
131.3

146.2
126.5
131.6
131.3

146.5
126.6
131.8
131.3

146.8
126.7
132.0
131.3

333-6,9
3331
3334

-.1
-1.0
-1.1
1.4
.0
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.0
-1.8
-1.8
.3
-.9
-.6

,9
1.3
1.3
.2
5.0
1.0

1.5
2.1
1.8
.5
6.3
.3

.8
.7
1.0
.8
1.0
1.0

1.1
1.5
1.5
.6
.4
.9

-2.3
-4.0
-4.0
.3
.5
.5

129.1
134.1
133.0
122.1
147.2
122.6

127.3
130.8
129.7
122.3
147.7
123.0

127.0
130.3
129.2
122.3
147.7
123.1

126.7
129.8
128.7
122.4
147.8
123.1

126.5
129.3
128.2
122.4
147.9
123.2

126.2
128.9
127.8
122.5
147.9
123.2

126.0
128.5
127.4
122.5
148.0
123.3

Fabricated metal products
Nonelectrical machinery
Electrical machinery

34
35
36

1.7
6.5
5,2

3.1
4.7
6.1

1.1
7.5
4.7

.4
3.5
3,7

1.5
3.6
3.8

1.5
4.2
3.9

1.2
4.1
3.7

1.0
3.8
3.4

133.8
164.3
147.9

134.5
167.9
150.8

134.6
168.4
151.2

134.7
168.9
151.6

134.8
169.5
152.1

135.0
170.0
152.5

135.1
170.6
152.9

T ransportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous

37
371

2,6
2,7

3.0
4.5

2.4
1.8

372-6,9
38
39

2.3
6.0
2.3

1.3
7.6
4.4

2.8
5.2
1.2

2,2
1,5
1,4
2.9
5.4
1.9

1.6
.0
-1,5
3.1
5.1
2.2

1.8
.8
-.9
2.7
4.8
2.5

2.4
2.1
2.7
2.6
4.5
2.9

1.6
1.5
3.0
1.7
4.2
2.7

138.4
136.2
141.9
140.4
159.6
146.7

139.7 139.8
137.4 137.6
144.4 144.7
141.7 141.9
163.5 164.1
149.0 149.4

140.0
137.7
145.1
142.1
164.7
149.7

140.2
137.9
145.5
142.3
165.2
150.0

140.4
138.1
145.8
142.5
165.8
150.4

140.6
138.3
146.2
142.7
166.4
150.7

20
22
23
26
261-3
27

3.2
2.8
2.1
1,8
2,7
2.5
3.9

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.6
2.7
1.0
1.5
2.1
2.2
4.4

3.1
2,5
1.7
2.4
2.5
3.6
5,7

3.3
2.7
2.0
2.3
2.0
2.4
5.6

3.2
2.7
1.2
1.8
2.1
2.2
5.4

3.0
2.5
1.2
1.2
2.6
3.4
4.6

2.6
2.4
1.6
1.4
2.0
2.3
4.4

134.8
137.7
118.8
130.7
119.3
119.3
140.8

136.8
139.6
119.9
131.8
120.7
120.9
144.4

137.1
139.9
120.0
131.9
120.9
121.1
144.9

137.4
140.2
120.2
132.1
121.1
121.3
145.4

137.6
140.5
120.4
132.2
121.3
121.6
145.9

137.9
140.7
120.5
132.4
121.5
121.8
146.5

138.2
141.0
120.7
132.5
121.7
122.0
147.0

Chemicals and products
28
Plastics materials
2821
Synthetic fibers
2823,4
Petroleum products
29
Rubber and plastics products
30
Leather and products
31

4,0
7,7
3.9
1.8
5.7
-3,1

6.8
12.7
9.7
4.2
8.6
-1,5

2.5
5.2
.9
.6
4.2
-3.9

3,3
9.8
2.9
-1.2
4,9
-4.6

4.0
8.9
1.0
.7
4.4
-3.3

3.8
7.3
.1
.3
4.1
-1.0

3.8
10.2
.0
.0
3.5
-.4

2.5
5.0
-.6
.2
3.5
-1.2

143.4
148.7
112.9
121.4
136.4
116.3

145.4
152.8
112.5
121.6
139.2
115.5

145.7
153.4
112.4
121.6
139.6
115.4

146.0
154.0
112.3
121.7
140.0
115.3

146.3
154.6
112.3
121.7
140.4
115.2

146.6
155.2
112.2
121.7
140.8
115.0

146.9
155.9
112.2
121.7
141.3
114.9

10
11,12
13
138
14

.1
1.7
2,7
-.6
.8
1,7

-,1
.7
2.5
-1.0
.8
2.6

.3
-3.8
2.2
14,3
2.8
1.7
-.4
-6.8
.8 -25.5
1.2
2,3

-1.9
10.7
1.6
-4.5
-9.1
5.0

-1.9
6.9
3.0
—4.7
-9.9
5.0

.8
3.4
3.0
-.6
-3.6
4.8

.1
1.7
2.5
-1.1
-8.5
2.5

114.7
200.8
129.5
103.8
146.4
140.3

114.8 114.8
202.8 203.1
131.4 131.7
103.2 103.1
138.8 137.7
142.3 142.6

114.8 114.8 114.8 114.8
203.3 203.6 203.9 204.2
131.9 132.2 132.5 132.8
103.0 102.9 102.8 102.7
136.6 135.5 134.5 133.6
142.9 143.2 143,4 143.8

491,3pt
492,3pt

3.0
4.2
,3

6.0
7.8
2.3

2.2
2,2
2.0

.7
.9
.1

1.6
2.2
.0

1.1
1.5
.0

1.0
1.3
.0

129.5
125.6
144.0

130.2
126.5
144.0

130.4
126.8
144.0

Manufacturing

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum

Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

Minina
Metalmining
Coal
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
Utilities
Electric
Gas
1. Series begins in 1977.




33
331,2

1.5
2.3
-.7

130.3
126.6
144.0

130.5
126.9
144.0

130.6
127.0
144.0

130.7
127.1
144.0

Table 5A
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA
Seasonally adjusted
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

' 73.0
66.3
69.9
75.5
78.8
85.1

72.7
65.3
71.1
75.9
79.0
85.8

73.0
64.1
70.9
76.6
80.0
86.1

72.9
64.7
71.2
77.7
82.0
85.2

73.8
64.5
72.0
78.3
82.3
86.2

74.0
65.3
72.1
78.9
83.1
86.1

73.6
65.7
72.5
78.9
83.3
85.6

73.4
66.9
72.9
79.0
83.6
85.3

73.7
67.6
73.1
79.4
84.1
85.5

73.2
67.9
73.4
79.4
84.5
86.0

71.1
68.6
74.6
79.5
85.2
85.7

68.1
69.1
75.2
79.1
85.4
85.6

72.9
65.2
70.6
76.0
79.2
85.7

73.6
64.9
71.8
78.3
82.5
85.8

73.6
66.7
72.9
79.1
83.7
85.5

70.8
68.5
74.4
79.4
85.0
85.8

72.7
66.3
72.4
78.2
82.6
85.7

1980
1981
1982
1983
1984
1985
1986
1987

85.9
85.2
82.4
80.8
91.0
93.1
96.1
96.5

86.2
85.4
84.2
80.7
90.9
93.8
95.5
97.6

86.2
85.7
83.7
81.3
91.9
94.1
94.6
98.2

84.5
85.0
83.2
82.3
92.4
94.5
94.8
98.3

82.5
85.6
82.7
83.2
93.0
94.7
94.8
99.2

81.5
86.1
82.4
83.7
93.5
94.4
94.4
100.1

81.2
87.1
82.0
85.3
93.9
94.1
94.8
100.8

82.4
86.9
81.6
86.5
94.0
94.5
95.0
101.0

83.5
86.5
81.0
87.9
93.9
95.0
95.1
100.9

84.0
85.8
80.3
88.6
93.2
94.2
95.6
102.3

85.5
84.8
80.0
88.8
93.3
94.6
96.2
102.2

85.9
84.1
79.3
89.2
92.8
95.6
96.7
102.6

86.1
85.5
83.4
80.9
91.3
93.6
95.4
97.4

82.9
85.5
82.8
83.1
93.0
94.5
94.6
99.2

82.3
86.8
81.5
86.6
93.9
94.6
94.9
100.9

85.1
84.9
79.8
88.9
93.1
94.8
96.2
102.4

84.1
85.7
81.9
84.9
92.8
94.4
95.3
100.0

1988
1989
1990
1991
1992
1993

103.5
107.7
107.5
106.6
106.6
111.3

103.5
107.6
108.5
105.7
107.2
111.8

103.9
107.7
108.9
105.0
107.6

104.3
108.6
108.8
105.5
108.1

104.8
108.3
109.4
106.4
108.9

105.0
108.4
110.1
107.3
108.5

106.1
107.8
110.4
108.1
109.4

106.4
108.2
110.5
108.0
109.1

106.2
108.2
110.6
108.4
108.9

106.5
107.7
109.9
108.4
109.7

106.9
108.1
108.3
108.1
110.4

107.4
108.6
107.2
107.4
110.8

103.6
107.7
108.3
105.8
107.1

104.7
108.4
109.4
106.4
108.5

106.2
108.1
110.5
108.1
109.1

107.0
108.1
108.5
107.9
110.3

105.4
108.1
109.2
107.1
108.8

Capacity
1974
1975
1976
1977
1978
1979

85.0
87.9
90.2
92.6
95.3
98.2

85.2
88.1
90.4
92.8
95.5
98.4

85.5
88.3
90.6
93.1
95.8
98.7

85.7
88.5
90.8
93.3
96.0
98.9

86.0
88.7
91.0
93.5
96.3
99.1

86.2
88.9
91.2
93.7
96.5
99.4

86.5
89.1
91.4
94.0
96.8
99.6

86.7
89.2
91.6
94.2
97.0
99.8

87.0
89.4
91.8
94.4
97.3
100.0

87.2
89.6
92.0
94.6
97.5
100.3

87.5
89.8
92.2
94.8
97.7
100.5

87.7
90.0
92.4
95.1
98.0
100.7

85.2
88.1
90.4
92.8
95.5
98.4

86.0
88.7
91.0
93.5
96.3
99.1

86.7
89.2
91.6
94.2
97.0
99.8

87.5
89.8
92.2
94.8
97.7
100.5

86.4
89.0
91.3
93.8
96.6
99.5

1980
1981
1982
1983
1984
1985
1986
1987

101.0
104.3
107.8
110.7
113.3
116.0
119.2
121.7

101.3
104.6
108.1
110.9
113.5
116.2
119.4
121.9

101.5
104.9
108.3
111.1
113.7
116.5
119.7
122.1

101.8
105.2
108.6
111.3
113.9
116.8
119.9
122.3

102.1
105.5
108.8
111.6
114.2
117.1
120.1
122.5

102.4
105.8
109.0
111.8
114.4
117.3
120.3
122.7

102.7
106.1
109.3
112.0
114.6
117.6
120.5
122.9

102.9
106.4
109.5
112.2
114.8
117.9
120.7
123.1

103.2
106.7
109.8
112.4
115.0
118.2
120.9
123.3

103.5
107.0
110.0
112.6
115.3
118.4
121.1
123.5

103.8
107.3
110.2
112.8
115.5
118.7
121.3
123.7

104.0
107.6
110.5
113.1
115.7
119.0
121.5
123.9

101.3
104.6
108.1
110.9
113.5
116.2
119.4
121.9

102.1
105.5
108.8
111.6
114.2
117.1
120.1
122.5

102.9
106.4
109.5
112.2
114.8
117.9
120.7
123.1

103.8
107.3
110.2
112.8
115.5
118.7
121.3
123.7

102.5
106.0
109.2
111.9
114.5
117.5
120.4
122.8

1988
1989
1990
1991
1992
1993

124.2
127.0
130.0
133.3
136.7
139.6

124.4
127.2
130.3
133.6
137.0
139.8

124.6
127.5
130.6
133.9
137.2

124.9
127.7
130.9
134.2
137.5

125.1
128.0
131.1
134.5
137.7

125.3
128.2
131.4
134.8
137.9

125.6
128.5
131.7
135.1
138.2

125.8
128.8
131.9
135.3
138.4

126.0
129.0
132.2
135.6
138.6

126.3
129.3
132.5
135.9
138.9

126.5
129.5
132.8
136.2
139.1

126.7
129.8
133.0
136.5
139.4

124.4
127.2
130.3
133.6
137.0

125.1
128.0
131.1
134.5
137.7

125.8
128.8
131.9
135.3
138.4

126.5
129.5
132.8
136.2
139.1

125.4
128.4
131.5
134.9
138.0

1974
1975
1976
1977
1978
1979

85.9
75.4
77.5
81.5
82.7
86.6

85.3
74.1
78.7
81.7
82.6
87.2

85.4
72.6
78.3
82.3
83.5
87.3

85.0
73.1
78.4
83.3
85.4
86.2

85.8
72.7
79.2
83.8
85.5
87.0

85.8
73.5
79.0
84.2
86.1
86.7

85.2
73.8
79.3
84.0
86.1
86.0

84.6
75.0
79.6
83.9
86.2
85.4

84.7
75.6
79.7
84.2
86.5
85.5

83.9
75.8
79.8
83.9
86.7
85.8

81.2
76.4
80.9
83.8
87.1
85.3

77.6
76.8
81.4
83.2
87.1
85.0

85.5
74.0
78.2
81.9
82.9
87.0

85.5
73.1
78.9
83.7
85.7
86.6

84.8
74.8
79.5
84.0
86.3
85.6

80.9
76.3
80.7
83.7
87.0
85.4

84.2
74.6
79.3
83.3
85.5
86.2

1980
1981
1982
1983
1984
1985
1986
1987

85.1
81.6
76.4
73.0
80.4
80.3
80.6
79.3

85.1
81.7
77.9
72.8
80.1
80.7
79.9
80.1

84.9
81.7
77.3
73.2
80.8
80.7
79.1
80.4

83.0
80.7
76.7
73.9
81.1
80.9
79.1
80.3

80.8
81.1
76.0
74.6
81.5
80.9
78.9
80.9

79.6
81.3
75.6
74.9
81.8
80.5
78.5
81.6

79.1
82.1
75.0
76.1
81.9
80.0
78.7
82.0

80.0
81.7
74.5
77.1
81.8
80.2
78.7
82.0

80.9
81.1
73.8
78.2
81.6
80.4
78.6
81.8

81.2
80.2
73.0
78.7
80.9
79.6
79.0
82.8

82.4
79.1
72.6
78.7
80.8
79.7
79.3
82.6

82.5
78.2
71.8
78.9
80.2
80.4
79.6
82.8

85.0
81.7
77.2
73.0
80.4
80.6
79.9
79.9

81.2
81.1
76.1
74.5
81.4
80.7
78.8
80.9

80.0
81.6
74.4
77.2
81.8
80.2
78.7
82.0

82.0
79.2
72.4
78.8
80.6
79.9
79.3
82.7

82.1
80.9
75.0
75.8
81.1
80.3
79.2
81.4

1988
1989
1990
1991
1992
1993

83.4
84.8
82.7
80.0
78.0
79.7

83.2
84.6
83.3
79.1
78.3
79.9

83.4
84.5
83.4
78.4
78.4

83.5
85.0
83.2
78.6
78.7

83.8
84.6
83.4
79.1
79.1

83.8
84.6
83.8
79.6
78.6

84.5
83.9
83.8
80.0
79.1

84.6
84.0
83.7
79.8
78.8

84.3
83.9
83.6
79.9
78.6

84.4
83.3
83.0
79.8
79.0

84.5
83.5
81.6
79.3
79.4

84.8
83.7
80.6
78.7
79.5

83.3
84.6
83.1
79.2
78.2

83.7
84.7
83.5
79.1
78.8

84.4
84.0
83.7
79.9
78.8

84.6
83.5
81.7
79.3
79.3

84.0
84.2
83.0
79.4
78.8

Year
Industrial
Production
1974
1975
1976
1977
1978
1979

Utilization




10

Table 5B
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA
Seasonally adjusted
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production
1974
1975
1976
1977
1978
1979

68.3
61.3
64.8
70.6
74.7
80.6

68.0
60.0
66.2
70.9
74.8
81.2

68.3
58.7
66.0
71.7
75.2
81.5

68.0
59.3
66.2
72.6
77.1
80.1

68.8
59.2
67.0
73.4
77.3
81.5

69.1
60.1
67.0
73.8
78.0
81.4

68.7
60.7
67.6
73.8
78.2
81.0

68.7
61.7
67.9
74.3
78.7
80.4

68.8
62.5
68.1
74.5
79.1
80.5

68.2
62.9
68.4
74.4
79.6
81.0

66.3
63.4
69.3
74.6
80.9
80.7

63.1
64.1
70.0
75.0
80.7
80.7

68.2
60.0
65.7
71.1
74.9
81.1

68.6
59.6
66.7
73.2
77.4
81.0

68.7
61.6
67.9
74.2
78.7
80.6

65.9
63.5
69.2
74.7
80.4
80.8

67.9
61.2
67.4
73.3
77.8
80.9

1980
1981
1982
1983
1984
1985
1986
1987

81.0
80.0
76.6
76.2
87.1
89.9
94.0
96.1

81.3
80.5
78.8
76.5
87.6
90.4
93.6
97.5

81.1
80.6
78.2
77.6
88.3
91.1
92.8
98.0

79.2
80.5
77.4
78.3
88.7
91.4
93.6
98.1

77.1
81.0
77.3
79.4
89.1
92.0
93.6
99.0

75.9
80.9
77.2
80.0
89.7
91.5
93.4
100.3

75.6
81.5
76.8
81.2
90.1
91.3
93.9
101.0

76.9
81.1
76.4
82.3
90.3
92.0
94.4
100.9

77.9
80.6
75.9
84.1
90.2
92.3
94.6
100.9

78.8
79.7
75.2
84.7
90.2
91.6
95.3
102.5

80.2
78.9
74.9
85.1
90.2
92.8
95.7
102.5

80.4
77.9
74.5
85.2
89.8
92.8
96.6
102.9

81.1
80.4
77.9
76.8
87.7
90.5
93.5
97.2

77.4
80.8
77.3
79.3
89.2
91.6
93.5
99.2

76.8
81.1
76.4
82.5
90.2
91.9
94.3
101.0

79.8
78.8
74.9
85.0
90.1
92.4
95.8
102.6

78.8
80.3
76.6
80.9
89.3
91.6
94.3
100.0

1988
1989
1990
1991
1992
1993

103.5
108.9
108.1
107.0
107.4
112.5

103.7
108.3
109.6
106.1
108.1
112.8

103.9
108.7
109.8
105.2
108.5

104.6
109.4
109.5
105.9
109.0

105.2
109.2
110.3
106.6
109.9

105.4
109.3
110.8
107.5
109.6

106.5
108.6
111.1
108.3
110.2

106.8
109.1
111.1
108.4
110.1

106.7
109.1
111.2
108.9
109.8

107.1
108.4
110.7
109.0
110.6

107.8
108.9
108.9
108.6
111.3

108.3
108.8
107.5
108.1
111.6

103.7
108.6
109.2
106.1
108.0

105.1
109.3
110.2
106.7
109.5

106.7
108.9
111.1
108.5
110.0

107.7
108.7
109.0
108.6
111.2

105.8
108.9
109.9
107.5
109.7

Capacity
1974
1975
1976
1977
1978
1979

79.7
82.6
84.7
87.2
90.0
93.2

79.9
82.8
84.9
87.5
90.3
93.5

80.2
82.9
85.1
87.7
90.6
93.7

80.4
83.1
85.4
87.9
90.8
94.0

80.7
83.3
85.6
88.2
91.1
94.3

80.9
83.5
85.8
88.4
91.3
94.6

81.1
83.6
86.0
88.6
91.6
94.8

81.4
83.8
86.2
88.9
91.9
95.1

81.6
84.0
86.4
89.1
92.1
95.4

81.9
84.2
86.6
89.3
92.4
95.6

82.1
84.4
86.8
89.5
92.7
95.9

82.4
84.5
87.0
89.8
92.9
96.2

79.9
82.8
84.9
87.5
90.3
93.5

80.7
83.3
85.6
88.2
91.1
94.3

81.4
83.8
86.2
88.9
91.9
95.1

82.1
84.4
86.8
89.5
92.7
95.9

81.0
83.6
85.9
88.5
91.5
94.7

1980
1981
1982
1983
1984
1985
1986
1987

96.5
100.2
103.9
106.7
109.4
113.1
117.6
121.3

96.8
100.5
104.2
106.9
109.7
113.4
117.9
121.6

97.1
100.9
104.4
107.2
110.0
113.8
118.2
121.8

97.4
101.2
104.6
107.4
110.3
114.2
118.5
122.1

97.7
101.5
104.9
107.6
110.6
114.6
118.8
122.4

98.0
101.8
105.1
107.8
110.9
115.0
119.1
122.6

98.4
102.1
105.3
108.0
111.2
115.3
119.5
122.9

98.7
102.4
105.6
108.3
111.5
115.7
119.8
123.1

99.0
102.7
105.8
108.5
111.8
116.1
120.1
123.4

99.3
103.0
106.0
108.7
112.1
116.5
120.4
123.7

99.6
103.3
106.3
108.9
112.4
116.9
120.7
123.9

99.9
103.7
106.5
109.1
112.7
117.2
121.0
124.2

96.8
100.5
104.2
106.9
109.7
113.4
117.9
121.6

97.7
101.5
104.9
107.6
110.6
114.6
118.8
122.4

98.7
102.4
105.6
108.3
111.5
115.7
119.8
123.1

99.6
103.3
106.3
108.9
112.4
116.9
120.7
123.9

98.2
101.9
105.2
107.9
111.1
115.2
119.3
122.8

1988
1989
1990
1991
1992
1993

124.5
128.0
131.8
135.6
139.5
142.7

124.8
128.3
132.1
136.0
139.7
143.0

125.1
128.6
132.4
136.3
140.0

125.3
128.9
132.7
136.6
140.3

125.6
129.2
133.0
136.9
140.6

125.9
129.6
133.4
137.2
140.8

126.2
129.9
133.7
137.6
141.1

126.5
130.2
134.0
137.9
141.4

126.8
130.5
134.3
138.2
141.6

127.1
130.8
134.7
138.5
141.9

127.4
131.1
135.0
138.9
142.2

127.7
131.4
135.3
139.2
142.5

124.8
128.3
132.1
136.0
139.7

125.6
129.2
133.0
136.9
140.6

126.5
130.2
134.0
137.9
141.4

127.4
131.1
135.0
138.9
142.2

126.1
129.7
133.5
137.4
141.0

85.7
74.2
76.4
80.9
82.9
86.5

85.1
72.5
78.0
81.1
82.8
86.9

85.1
70.8
77.5
81.8
83.1
86.9

84.6
71.4
77.5
82.5
84.9
85.2

85.3
71.1
78.4
83.3
84.8
86.4

85.4
72.0
78.1
83.4
85.4
86.0

84.7
72.6
78.6
83.3
85.4
85.4

84.4
73.6
78.8
83.6
85.6
84.5

84.3
74.4
78.8
83.6
85.9
84.4

83.3
74.8
79.0
83.3
86.1
84.7

80.7
75.2
79.9
83.3
87.3
84.1

76.6
75.8
80.5
83.6
86.9
83.9

85.3
72.5
77.3
81.3
82.9
86.8

85.1
71.5
78.0
83.1
85.0
85.9

84.4
73.5
78.7
83.5
85.6
84.8

80.2
75.2
79.8
83.4
86.7
84.2

83.8
73.2
78.5
82.8
85.1
85.4

1980
1981
1982
1983
1984
1985
1986
1987

84.0
79.8
73.7
71.4
79.6
79.5
79.9
79.2

84.0
80.0
75.6
71.5
79.9
79.7
79.4
80.2

83.5
79.9
74.9
72.4
80.3
80.0
78.5
80.5

81.3
79.6
74.0
73.0
80.4
80.0
79.0
80.3

78.9
79.8
73.7
73.8
80.6
80.3
78.8
80.9

77.4
79.5
73.5
74.2
80.9
79.6
78.4
81.8

76.9
79.9
72.9
75.2
81.0
79.2
78.6
82.2

77.9
79.1
72.3
76.0
80.9
79.5
78.8
82.0

78.7
78.5
71.7
77.5
80.7
79.5
78.8
81.7

79.4
77.4
70.9
77.9
80.5
78.6
79.1
82.9

80.5
76.4
70.5
78.1
80.3
79.4
79.3
82.7

80.5
75.1
70.0
78.0
79.7
79.2
79.8
82.8

83.8
79.9
74.7
71.8
79.9
79.8
79.3
79.9

79.2
79.6
73.7
73.7
80.6
80.0
78.7
81.0

77.8
79.2
72.3
76.2
80.9
79.4
78.7
82.0

80.1
76.3
70.5
78.0
80.2
79.1
79.4
82.8

80.2
78.8
72.8
74.9
80.4
79.5
79.0
81.4

1988
1989
1990
1991
1992
1993

83.1
85.1
82.0
78.9
77.0
78.8

83.1
84.4
83.0
78.0
77.4
78.9

83.1
84.5
83.0
77.2
77.5

83.5
84.8
82.5
77.5
77.7

83.8
84.5
82.9
77.8
78.2

83.7
84.4
83.1
78.3
77.8

84.3
83.6
83.1
78.7
78.1

84.4
83.8
82.9
78.6
77.9

84.2
83.6
82.8
78.8
77.5

84.3
82.9
82.2
78.7
77.9

84.6
83.0
80.7
78.2
78.3

84.8
82.8
79.4
77.7
78.4

83.1
84.7
82.7
78.0
77.3

83.6
84.5
82.8
77.9
77.9

84.3
83.7
82.9
78.7
77.8

84.6
82.9
80.8
78.2
78.2

83.9
83.9
82.3
78.2
77.8

Utilization
1974
1975
1976
1977
1978
1979




11

laoie is
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion
-----------In a s o s I&7 = 166----------------------------------ii H T T iif lli'l 1||»l j| I — —
1
FT?■■■■■■
__ in total IP__
iw
1962
1 S T
Item

............

SIC

Sec, .. .Oct.

Nov.r

Dec/

Jan,r

.46 165.6 158.6 155.7
.06 115.8 112.6 115.1.
.40 175.7 167.7 164.2
.12 147.7 147.7 141.1
.02 188.3 197.0 167.7
.23 219.8 202.9 204.5
.01 201.1 189.0 184.3

167.1
116.7
177.9
158.2
167.9
223.4
164.4

159.7
118.0
168.7
145.4
169.7
211.8
192.8

160.9
128.3

1987 ..1992_

Aua.

Aua.

Sep.

_ O ct,..Nov/

Dec.r

Jan.r

164.8 160.7
117.2 113.2
174.8 170.7
145.3 145.2
183.9 185.7
219.9 213.0
211.6 193.9

155.2 163.7 152.9
112.9 109.6 106.4
164.0 175.1 162.6
140.2 157.6 141.8
171.3 168.0 165.8
204.4 217.2 200.6
192.7 167.4 189.1

157.7
111.4

Metal mining
Iron ore
Nonferrous ores
Copper
Lead and zinc
Gold and silver
Ferroalloy

10
101
102-6,8,9
102
103
104
106

.32
.05
.26
.09
.01
.12
.01

Anthracite
Bituminous coal

11
12

.01
1.21

.00
1.18

62.1
105.7

56.9
104.0

51.6
104.5

58.2
107.0

60.8
107.1

69.6
110.3

69.5
113.0

61.0
106.9

59.3
107.7

62.2
109.2

54.2
101.8

60.8
108.3

Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Texas
Alaska and California
Louisiana and other
Natural gas

13
131

5.73
4.86
3.09
.76
1.13
1.19
1.77

4.91
4.20
2.43
.60
.90
.94
1.77

92.4
94.0
84.5
82.9
84.5
85.6
110.6

93.0
94.8
85.0
83.8
86.0
84.7
111.8

93.9
94.8
84.7
84.2
85.1
84.7
112.3

93.4
93.3
84.0
84.0
84.1
83.9
109.5

92.6
92.1
85.6
85.4
86.4
85.0
103.4

91.4
90.8
83.8
84.3
84.4
82.9
103.0

90.0
90.9
82.9
82.0
82.8
83.6
104.7

90.9
91.4
84.0
83.1
85.2
83.5
104.2

93.6
93.2
84.6
84.3
85.4
83.9
108.3

95.6
94.6
84.1
84.5
84.6
83.3
112.8

96.1
94.6
85.3
85.6
85.9
84.4
110.8

95.3
94.8
83.9
84.5
84.2
83.3
113.6

Natural gas liquids
Propane
Liquefied petroleum
Oil and gas well drilling

132

.29
.02
.27
.58

.29
.02
.27
.41

107.5
100.3
108.0
75.0

109.0
100.1
109.7
74.4

111.7
100.6
112.5
80.2

110.2
100.2
111.0
85.2

110.8
99.3
111.6
88.5

84.7

105.3
95.7
106.0
75.2

106.9
97.1
107.6
78.4

110.9
100.0
111.7
87.6

112.4
102.8
113.1
95.8

111.7
102.6
112.3
101.0

91.5

202
2021
2022
2023
2024

8.76
.98
.33
.31
.30
.04
.85
.01
.19
.17
.09

8.88
1.06
.30
.34
.37
.06
.85
.01
.21
.17
.08

110.6
119.5
98.4
127.1
131.9
143.0
109.0
126.8
124.9
105.4
93.7

110.2
118.5
98.3
125.4
130.5
142.3
108.2
118.4
122.5
105.4
94.3

111.2
116.6
97.1
120.2
131.2
140.8
111.5
115.9
127.9
112.4
95.2

111.5
117.4
98.3
118.6
133.2
147.9
113.9
120.3
130.0
117.6
97.5

111.0
118.8
96.2
119.7
139.4
143.9
113.0
104.1
123.5
119.9
98.3

112.0
118.6
92.7
120.7
142.7
136.5
112.1
131.1
116.6
124.3
95.4

117.0
119.4
103.3
117.6
136.6
136.7
106.9
93.8
118.1
98.1
112.2

117.2
122.3
102.0
126.2
137.6
146.1
103.5
97.4
118.4
90.4
98.5

115.5
123.4
100.8
130.0
138.6
146.8
103.8
106.4
123.8
95.4
84.4

111.2
117.6
95.1
126.8
129.1
145.9
103.9
111.0
124.6
96.5
77.9

107.8
115.2
91.0
122.3
130.6
144.9
107.4
109.2
123.1
116.7
72.3

106,0
117.9
95.1
122.5
135.6
137.6
106.0
159.7
112.2
117.2
70,4

203
204
2041
205
207
208
2082,3
2086,7
209

1.28
1.09
.09
1.05
.23
1.63
.53
.85
1.19

1.13
1.20
.10
1.08
.25
1.66
.50
.94
1.16

98.6
118.2
127.3
112.0
119.0
110.3
104.3
121.7
104.4

98.2
117.1
117.0
112.3
121.6
108.2
101.6
118.0
105.4

98.5
121.7
122.1
115.6
114.1
109.6
104.7
119.0
107.8

100.5
120.4
121.0
115.4
113.0
110.6
108.4
118.8
106.0

98.6
119.8
112.0
115.2
109.8
110.9

98.8
122.6
124.4
116.6
111.3
111.2

109.1
124.9
130.7
119.1
119.9
110.5
96.7
121.9
109.9

99.4
123.6
128.5
112.8
121.0
105.8
92.1
118.1
106.8

88.5
118.5
118.3
108.4
115.3
100.0

121.5
107.8

118.5
124.2
120.3
124.8
117.2
116.3
95.8
135.9
108.3

90.1
121.6
106.3
109.8
115.7
98.1

120.5
104.7

112.8
122.3
135.6
124.9
111.8
120.7
109.6
138.2
112.5

111.1
109.6

109.1
105.4

21

1.02

.99

115.9

110.5

107.6

107.7

108.2

108.4

122.8

115.6

119.0

109,0

84.9

105.3

112.4
108.0
106.4
126.2
94.9
138.6
110.6
107.9

111.1
108.3
107.1
118.4
107.0
123.0
115.8
106.9

106.6
105.5
103.9
111.9
98.8
117.0
112.6
101.3

99.0
101.3
98.6
106.4
91.2
112.4
99.7
90.8

101.0
104.5
103.5
99,6

Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Canned and frozen food
Grain mil! products
Flour
Bakery products
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Tobacco products
Textile mill products
Fabrics
Cotton and synthetic
Knit goods
Hosiery
Knit garments
Carpeting
Yarns and miscellaneous
Apparel products
Lumber and products
Logging and lumber
Lumber products
Miilwork and plywood
Manufactured homes




138
20
201

22
221-4
221,2
225
2251,2
2253,4,7-9
227
228,9

1.84
.53
.45
.44
.12
.31
.23
.48

1.79
.51
.42
.46
.12
.34
.22
.45

106.1
104.5
102.7
112.8
98.0
118.7
108.5
101.0

106.6
105.6
104.2
114.7
99.5
120.8
103.5
102.3

106.1
104.4
103.2
113.5
101.0
118.5
105.0
102.3

107.4
105.6
104.1
116.5
104.0
121.5
107.9
101.8

107.8
105.8
104.0
119.2
107.0
124.0
110.1
100.1

126.5
112.6
104.8

112.1
107.1
105.7
127.0
99.6
137.8
108.0
108.3

23

2.36

2.12

97.6

97.6

97.2

97.8

97.9

97.7

100.5

98.7

99.1

98,3

97.0

94.2

24
241,2
243-5,9
243
245

2.00
.84
1.16
.68
.17

1.81
.79
1.03
.56
.18

98.9
100.1
96.7
90.8
106.1

96.7
97.1
96.7
90.0
111.2

100.8
102.4
99.5
91.4
119.9

102.3
104.1
101.0
92.3
127.1

100.4
96.5
103.2
91.9
138.0

103.2
101.6
104.4
92.4
143.0

103.6
105.9
101.8
95.0
124.0

101.0
102.2
100.1
92.5
122.3

105.0
108.4
102.6
93.2
134.3

99.6
100.0
99.3
91.4
120.6

93.1
90.0
95.4
87.9
104.2

94.6
92,9
95.9
87.1
112.7

12

109.6
104.9
102.7
120.7

99.4
94.1
99.7

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index.

Proportion
in total IP

Not seasonally adjusted

1992
A ua.

S e c.

O ct.

N o v.r

D e c.r

Ja n .r

Aua.

Sec.

O ct.

N o v .r

D e c .r

J a n .r

25
251

1.45
.68

1.33
.63

101.7
101.5

100.5
100.0

99.6
99.0

99.5
99.1

101.3
102.3

100.7
102.0

105.9
105.0

105.6
104.0

101.4
101.4

100.1
100.3

99.1
99.9

98.0
97.7

252,4,9

.71

.64

100.3

100.9

98.5

98.6

99.2

98.1

105.6

106.3

100.0

98.3

96.7

96.7

26
261-3
261
262
263

3.58
1.64
.16
.98
.50

3.53
1.65
.16
.98
.52

106.3
107.9
107.0
107.8
108.4

108.6
112.0
109.4
111.8
113.1

106.2
110.6
108.1
111.1
110.3

107.6
110.6
109.4
108.9
114.3

108.7
113.1
113.2
110.2
118.7

108.3
110.7

107.1
108.8
107.1
108.5
109.8

109.4
111.5
108.6
111.5
112.4

108.9
110.6
106.9
111.7
109.7

106.8
110.6
108.4
110.0
112.4

102.1
107.7
107.9
105.1
112.5

109.3
112.9

264
265

1.21
.71

1.14
.72

101.7
112.5

106.7
109.7

99.5
110.1

102.5
112.1

101.8
112.6

102.0
115.7

102.0
114.4

106.3
112.2

101.5
120.0

102.8
106.9

98.1
98.4

102.4
115.3

27

6.37
1.74
1.73
2.90

6.64
1.48
2.09
3.07

111.4
91.2
127.1
113.0

113.2
93.9
129.8
114.4

113.4
93.5
131.1
114.7

113.6
92.0
132.5
115.3

114.9

114.5

118.1
100.3
131.8
120.5

112.4
99.7
125.9
112.0

104.0

132.3
117.3

123.8
96.5
143.6
128.4

110.1

133.5
117.1

123.3
88.5
146.6
130.3

128.0
109.8

121.8
106.0

28

8.60

9.26

117.6

118.3

118.7

119.9

119.0

119.5

122.4

124.8

120.1

117.2

114.6

114.3

281,2,6
281
2812
2813
2816
2819

3.61
.79
.05
.11
.10
.53
.31

3.71
.89
.05
.12
.11
.62
.36

113.4
125.8
99.2
111.1
119.4
132.8
131.3

112.6
127.7
103.2
116.5
118.8
134.3
134.6

112.0
129.2
109.2
115.8
123.6
135.1
134.7

112.9
127.3
105.8
115.6
120.2
133.3
132.8

110.3
126.2
102.6
115.8
113.1
133.2
132.9

111.0
128.7

114.7
129.8
105.4
118.0
121.6
136.3
136.5

113.2
129.0
107.5
115.8
114.9
136.6
137.1

112.8
127.8
108.3
116.3
117.9
134.1
135.9

108.8
122.2
104.4
115.3
112.4
127.4
123.6

109.8
127.7

118.2
134.5
133.9

111.3
123.8
98.3
110.8
114.1
131.0
125.8

113.0
135.4
137.2

282
2821
2823,4
286

1.28
.78
.41
1.54

1.35
.92
.35
1.47

117.4
130.9
96.8
103.7

116.4
130.1
96.4
101.7

113.7
127.1
93.2
101.7

116.2
129.6
96.8
102.9

109.8
122.3
89.9
102.5

88.1
103.2

113.9
128.3
91.8
102.7

118.0
133.3
95.4
104.2

116.9
131.6
95.1
101.9

114.8
128.6
94.8
103.5

106.6
118.1
90.8
103.8

87.0
102.8

283-5,9
283
284
285
287

4.54
2.01
1.53
.41
.45

5.09
2.48
1.51
.41
.47

121.7
133.1
107.0
113.5
115.6

123.3
136.4
107.8
113.2
113.9

125.1
140.1
109.2
109.1
113.0

126.2
142.8
109.4
107.4
114.1

126.4
143.5
108.9
107.4
116.9

126.9
143.5
110.5
107.8
116.0

132.5
148.8
114.8
122.4
110.9

133.8
153.2
115.3
115.5
114.4

126.2
141.0
110.2
111.3
114.3

121.0
135.8
107.2
91.4
114.3

118.9
134.7
104.9
81.3
117.5

118.0
131.2
105.3
90.7
114.4

29

1.32
1.11
.52
.19
.05
.10
.26

1.32
1.07
.49
.19
.04
.09
.25

104.3
100.0
96.4
105.3
96.4
106.0
101.8

107.4
102.9
102.4
109.0
93.7
102.5
101.1

111.3
107.0
108.1
117.4
97.0
99.4
101.9

110.7
106.8
106.8
112.1
99.4
103.2
105.8

109.2
105.0
106.0
105.6
88.8
97.4
108.5

111.0
106.8
108.4
106.0
84.4
101.3
110.4

111.5
104.8
99.7
105.0
92.1
105.8
116.9

113.1
106.3
103.2
109.3
91.4
104.6
113.8

113.4
106.1
105.3
119.2
92.6
102.1
102.3

112.0
106.0
107.1
118.6
101.2
105.9
95.6

108.7
104.8
108.2
116.5
97.5
105.7
90.7

103.7
102.4
106.2
108.6
92.5
106.5
90.6

30
301
302-4,6
307

3.02
.40
.44
2.18

3.26
.44
.47
2.35

119.0
128.9
116.3
118.6

117.3
122.0
113.6
117.2

118.3
123.0
116.9
117.7

119.3
123.5
116.5
119.1

120.5
123.1
117.7
120.6

121.1
123.8
120.1
120.9

121.2
129.3
117.8
120.4

121.7
125.8
116.2
122.1

122.7
133.8
118.6
121.5

118.9
120.1
117.1
119.0

114.2
110.6
114.8
114.7

112.8
123.6
112.1
110.9

31
313,5-7,9
314

.30
.10
.15

.24
.07
.10

84.8
79.4
76.2

86.4
80.0
76.9

87.0
76.8
78.0

86.0
77.9
75.7

85.3
76.5
74.5

85.7
76.8

89.7
81.2
83.0

88.8
81.2
78.1

91.3
81.7
83.5

88.7
81.7
77.7

79.8
78.2
61.6

83.4
74.0

32
322
3221
324

2.46
.35
.19
.16

2.18
.33
.15
.13

96.4
99.5
87.8
86.5

96.1
100.5
89.7
86.6

97.7
99.3
86.5
89.3

97.8
102.3
91.3
80.8

98.8
108.3
100.1
83.4

97.7
99.3
82.6
95.8

99.6
104.1
92.6
104.0

99.2
102.1
88.2
103.0

101.2
103.3
91.6
107.3

99.0
100.4
85.2
78.2

96.0
91.7
73.0
62.8

91.8
91.6
77.1
55.1

325
3251
3253,5
326-9

.12
.05
.06
1.50

.07
.04
.03
1.31

66.3
74.0
62.6
94.5

68.1
75.4
64.6
93.6

65.4
74.4
59.1
96.1

63.5
72.7
56.8
96.2

62.8
72.3
56.0
96.3

63.9

68.2
77.4
63.0
96.0

71.9
80.4
67.2
95.8

70.3
80.6
63.0
97.9

63.8
70.9
59.0
98.2

60.6
69.3
54.9
97.7

57.8

Paper and products
Pulp and paper
W ood pulp
Paper
P aperboard
C onverted paper products
Paperboard containers

Printing and publishing

271
N ew spap ers
Periodicals, books, and cards 272,3,7
Jo b printing
274-6,8,9
Chemicals and products
Industrial chem icals and
synthetic materials
Basic chem icals
Alkalies and chlorine
Industrial gases
Inorganic pigm ents
Inorganic chem icals, nec
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chem icals

Petroleum products

Petroleum refining and misc.
291,9
Autom otive gasoline
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosine
M iscellaneous petroleum products

Rubber and plastics products

Personal leather goods
S h o es

Stone, clay, and glass products
Pressed and blown glass
G la ss containers
Cem ent
Structural clay products
Brick
C la y tile
C oncrete and m iscellaneous




1993

1992

Household furniture
Office furniture, fixtures,
and m iscellaneous

Leather and products

1992

1987

Furniture and fixtures

Tires
O th e r rubber products
Plastics products, nec

1993

S IC

Item

Ch em ica l products
D rugs and m edicines
S o a p and toiletries
Paints
Agricultural chem icals

1987 = 100

Seasonallvadiusted

13

95.3

93.0

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion
in total IP

Index. 1987=100
Seasonallvadiusted

Not seasonallv adjusted

SIC

1987

1992

1992
Aua

33
331,2
331

3.32
1.95
1.50
.37
.20
.11

3.15
1.86
1.56
.34
.20
.10

104.3
104.4
112.4
103.8
110.6
101.9

102.0
103.0
111.0
100.6
106.7
99.8

104.2
106.3
115.4
103.3
110.2
101.7

105.3
107.2
116.3
104.0
111.7
101.5

104.3
106.5
115.4
103.1
110.5
100.4

107.9
110.7
120.7
104.9
110.5
106.6

100.6
101.0
109.5
98.9
104.7
96.6

102.0
102.2
110.4
97.7
102.3
98.4

104.9
106.3
113.7
100.2
105.5
101.0

102.9
102.7
111.2
100.9
107.4
100.1

97.5
97.8
108.0
98.6
104.9
97.2

105.8
108.3
118.5
103.6
109.7
103.8

1.21
.29
.27
.16
.07
.42
.31

115.2
110.5
100.4
124.9
107.0
128.6
76.9

114.4
106.7
100.5
119.8
95.9
133.2
76.1

119.3
111.1
106.7
130.0
99.8
135.7
75.5

120.3
112.4
107.0
125.7
103.7
138:4
76.4

119.4
115.6
106.1
130.4
87.4
135.2
76.3

125.8
123.1
116.0
123.7
115.1
138.9

332

1.14
.29
.28
.14
.08
.35
.44

113.0
106.9
100.1
123.3
111.2
124.2
72.3

114.5
107.9
100.6
123.1
96.5
131.0
74.6

118.0
115.0
104.1
133.3
92.9
130.6
81.3

114.4
109.4
101.3
122.7
91.5
130.4
73.9

111.0
99.3
99.1
118.5
99.1
129.4
63.4

123.3
120.6
113.1
117.3
108.9
138,8

Nonferrous metals
333-6,9
Primary nonferrous metals
333
Copper
3331
Aluminum
3334
Secondary nonferrous metals
334

1.38
.22
.03
.14
.07

1.29
.24
.04
.15
.06

104.2
118.8
139.2
123.6
104.2

100.5
114.7
133.6
122.5
101.9

101.2
114.0
130.8
122.4
98.1

102.6
114.3
134.8
122.4
102.4

101.2
116.3
131.8
121.9

103.9
113.7
124.3
115.8

99.9
112.1
128.5
119.5
103.5

101.6
111.8
130.4
119.9
106.0

102.8
114.8
132.2
120.8
102.7

103.3
116.3
136.8
121.8
106.3

97.1
116.1
130.3
122.1

1Q2.2
115.4
127.7
117.7

.96
.73
.11
.23
.10
.14
.23

.85
.67
.10
.22
.08
.14
.19

98.8
102.0
101.8
102.9
90.1
111.9
88.5

96.0
98.8
82.5
103.5
88.7
113.9
87.2

97.2
100.1
93.3
104.5
91.0
113.9
87.9

98.9
102.3
113.7
102.5
92.9
109.2
88.2

96.1
98.5
83.4
101.5
86.7
111.9
88.6

100.3
103.7
95.7

ios:i

95.3
99.6
95.1
102.7
90.7
111.1
81.7

97.0
100.7
91.2
105.4
92.5
114.4
85.5

98.8
100.4
95.6
103.7
93.6
110.8
93.6

98.9
101.2
112.6
96.6
89.3
101.8
91.6

90.6
95.0
80.5
89.4
73.5
100.5
76.4

98.6
101.2
94.1
102,4
91.9
109.7

5.38
.29
.58
1.34
1.63

5.03
.29
.57
1.10
1.61

102.5
107.8
111.4
88.6
108.7

101.3
106.5
110.0
88.0
107.8

102.9
110.3
110.4
88.3
111.1

103.4
110.6
110.6
87.9
111.7

103.5
112.0
112.3
87.4
112.1

103.6
113.7
113.0
86.9
112.4

102.7
112.2
113.6
90.6
107.5

103.1
112.6
114.7
89.4
108.5

104.6
110.3
112.7
90.5
112:5

103.6
108.6
110.0
89.9
110.6

103.4
104.8
110.0
89.2
110.2

100.0
104.9
106.6
85.4
105.9

8.55
.50
.40
1.11
.93
.69
.87
2.46
.79

10.01
.57
.50
.94
.94
.65
.78
3.99
.84

129.3
127.3
130.2
94.2
110.9
102.4
97.5
182.0
119.1

129.1
125.2
134.0
92.6
109.2
102.7
97.5
184.0
117.5

130.4
124.7
135.5
95.4
107.8
103.0
96.3
187.0
117.2

131.7
125.6
135.2
98.8
108.4
104.2
96.8
189.0
118.4

133.8
128.3
138.8
97.7
107.9
104.0
96.8
194.7
120.7

135.4
128.2
139.2
99.1
106.9
104.6
97.3
200.1
120.3

135.3
120.8
127.3
97.0
115.5
100.3
98.9
199.1
120.4

134.6
123.4
130.6
96.9
115.1
101.3
99.6
194.6
124.6

132.5
125.2
129.7
96.9
108.8
102.6
96.4
193.7
118.8

130.0
129.9
129.8
97.8
104.8
104.7
95.8
187.8
114.5

129.8
133.8
134.9
96.6
104.0
107.0
95.9
187.0
111.2

129.6
127.1
137.6
94.1
102.8
104.7
93.7
190.7
110.9

361,2
363
3631
3632
3633
3634-6,9

8.62
.93
.54
.09
.10
.10
.25

8.87
.80
.53
.08
.11
.10
.24

113.0
93.5
109.9
111.0
118.2
109.1
106.3

112.1
91.6
111.5
112.9
119.1
111.4
107.7

112.7
90.7
104.3
104.6
108.2
105.5
102.0

114.6
92.0
107.0
105.8
104.4
114.3
105.6

113.5
92.3
106.6
98.3
105.1
105.4
110.8

114.8
91.7
104.5
102.8
100.9
108.3
105.1

112.5
96.3
106.0
109.6
96.2
111.2
106.8

112.5
94.8
109.5
107.9
113.6
110.2
108.1

115.6
91.6
118.0
135.7
117.7
121.1
110.2

116.4
89.6
106.8
114.7
94.5
106.5
109.2

114.1
89.0
94.7
86.7
76.1
90.9
107.0

113.9
87.2
105.2
106.3
100.0
109.8
105.1

365
366
367
3671-3
369
3691

.21
3.01
2.26
.10
.90
.12

.21
3.12
2.67
.13
.85
.13

112.8
113.1
128.8
146.5
106.1
122.9

111.8
111.4
130.4
150.1
103.8
112.6

110.2
114.4
131.5
165.0
100.7
110.7

110.0
115.1
136.0
172.8
101.7
120.0

105.1
114.2
134.1
133.9
98.8
99.5

110.2
114.8
137.9

126.0
111.6
128.3
159.7
106.1
137.4

113.9
110.5
128.3
149.6
106.3
144.0

149.1
114.3
132.4
206.2
107.0
144.8

130.4
116.7
137.9
190.9
106.1
136.4

94.3
118.0
135.8
113.6
103.4
116.8

102.2
115.5
137,2

3715
3714

9.80
4.65
1.60
1.12
.57
.55
.08
1.85

8.77
4.22
1.32
1.22
.60
.62
.08
1.60

97.0
99.4
87.2
120.4
117.9
123.1
116.6
96.6

95.6
97.2
88.1
113.7
112.2
115.1
111.6
94.5

97.5
101.2
88.2
130.4
125.8
135.1
114.5
94.3

97.5
102.4
89.4
133.2
129.4
137.1
110.2
94.6

99.5
107.4
97.7
141.0
134.1
148.1
103.8
95.5

101.2
112.4
102.3
152.0
143.9
160.3
131.3
96.2

95.3
98.7
86.6
123.0
120.1
126.0
120.1
93.4

95.8
98.3
88.2
120.6
117.4
123.8
114.9
92.9

101.4
109.1
101.8
143.3
136.9
149.9
118.4
94.3

98.4
102.9
91.5
131.3
126.2
136.6
109.9
95.2

95.5
96.4
82.1
114.5
110.1
119.0
104.7
97.4

97.1
103.5
90.8
132.5
127.2
138.0
113.7
96.6

372
373
374-6,9

3.01
.55
1.59

2.70
.49
1.36

97.2
96.6
92.4

95.1
97.2
93.2

94.3
95.6
92.5

93.8
95.2
90.9

93.1
95.1
90.3

91.0
95.3
89.8

94.1
92.6
88.9

94.2
95.6
91.3

94.6
94.8
94.0

94.7
96.2
93.1

95.9
97.5
91.7

92.2
94.6
88.3

Item
Primary metals
Iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
Raw steel
Steel mill products
Consumer durable steel
Equipment steel
Construction steel
Can and closure steel
Miscellaneous steel
Iron and steel foundries

Nonferrous products
Nonferrous mill products
Copper
Aluminum
Construction
Misc. aluminum materials
Nonferrous foundries

335,6
335
3351
3353-5
336

34

Fabricated metaS products
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners, stampings, etc.

341
342
344
345-7

Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Office and computing machines
Service industry machines
Electrical machinery
Major electrical and parts
Household appliances
Cooking equipment
Refrigerators and freezers
Laundry
Miscellaneous
TV and radio sets
Communicationequipment
Electronic components
TV tubes
Misc. electrical supplies
Storage batteries
Transportation equipment
Motor vehicles and parts
Autos
Trucks and buses
Business vehicles
Consumer trucks
Truck trailers
Motor vehicle parts
Aircraft and parts
Ships and boats
Rail and miscellaneous




35

351
352
353
354
355
356
357
358

36

37

371

Sen.

Oct.

Nov.r

Dec.r

1993
Jan.r

1992
Aua.

Sec.

Oct.

Nov.r

Dec/

1993
Jan/

14

96.4
116.3

101.2

100,6

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
o
o
n
h00

Proportion
in total IP

Index. 1S

Not seasonally adjusted

Seasonally adjusted
Dec/

1993
Jan/

1992
Aua.

SeD.

Oct.

Nov/

Dec/

1993
Jan /

SIC

1987

1992

1992
Aucs.

38
Scientific and medical
381-4
Photographic equip. & supplies
386

3.26
2.21
.94

3.54
2.43
1.00

118.2
119.2
115.9

118.1
119.6
115.8

117.8
120.0
112.3

116.8
118.5
113.6

116.7
118.6
113.7

117.2
118.8
114.8

122.1
125.3
116.2

121.1
124.9
113.9

118.7
121.0
113.9

116.6
117.8
114.1

114.7
115.6
113.2

113.2
112.9
114.5

1.24
.65
.59

1.37
.70
.67

118.2
117.7
118.7

118.6
116.3
121.0

119.7
115.0
125.0

120.0
114.8
125.7

120.3
115.4
126.1

120.6
114.6
127.1

125.5
124.9
126.3

125.9
125.1
126.8

124.0
120.7
127.7

116.9
111.0
123.3

114.5
109.2
120.2

112.4
106.6
118.8

Generation
Fossil fuel
Hydro and nuclear

6.01
2.55
1.45
1.10

6.17
2.62
1.38
1.24

112.7
111.5
97.5
130.0

113.8
114.1
101.0
131.3

113.7
113.8
99.3
133.0

115.3 117.4
116.3 . 117.9
99.8 101.2
138.0 140.0

115.2
115.5

121.0
119.4
112.8
128.1

117.0
116.5
108.8
126.8

104.2
102.9
98.5
108.8

108.0
108.1
98.5
120.8

115.2
117.2
102.4
136.7

121.7
122.6

Sales
Residential
Nonresidential
Industrial
Commercial and other

3.46
1.40
2.06
.91
1.15

3.55
1.41
2.14
.95
1.19

113.6
111.3
115.2
115.6
114.8

113.5
110.9
115.3
115.5
115.2

113.7
111.5
115.1
114.7
115.5

114.7
113.0
115.8
116.0
115.6

117.0
118.0
116.4
115.4
117.2

115.0

122.1
122.1
122.1
118.3
125.1

117.3
113.1
120.1
119.0
120.9

105.1
96.2
111.1
114.1
108.8

107.9
100.1
113.2
115.7
111.3

113.7
120.8
108.9
109.9
108.1

121.0

1.62

1.45

94.1

97.0

99.6

101.3

102.5

100.7

56.0

57.4

72.7

102.8

149.7

172.6

Q3

Q4r

1992
Sep.

Oct.

Item

Instruments

Misc. manufactures
Consumer goods
Business supplies

Electric utilities

Gas utilities

39
391,3,4,6
395,9

491,3pt

492,3pt

SeD.

Oct.

Nov.r

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1982 dollars at annual rates, seasonally ad usted
1991
Item
1992
1982
Q3

Products, total
Final products

Q4

1992
Q1

Q2

Nov/

Dec/

1993
Jan/

Feb.P

1376.8 1932.0 1894.2 1901.7 1887.3 1924.8 1936.4 1982.4 1937.0 1969.8 1981.4 1996.0 2020.0 2027.5
1084.5 1529.4 1494.0 1500.7 1487.0 1523.1

1532.6 1574.6 1534.6 1563.8

1572.2

1587.9 1609.9 1615.3

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

703.7
133.3
65.8
67.4
570.5

908.0
228.3
132.9
95.4
679.6

889.7
220.5
125.8
94.7
669.2

899.7
223.9
129.2
94.7
675.8

888.0
216.0
122.5
93.6
671.9

906.4
230.4
134.0
96.4
676.0

907.3
227.8
131.0
96.7
679.5

931.8
237.0
142.3
94.8
694.8

907.1
225.1
129.1
95.9
682.1

928.2
232.8
138.5
94.3
695.4

931.3
235.1
140.1
94.9
696.3

935.9
243.2
148.1
95.1
692.7

948.3
252.4
156.4
96.0
695.9

952.0
250.1
152.3
97.8
701.9

Equipment, total
Business and defense
Business
Defense and space

380.8
345.5
278.0
67.4

621.4
604.6
523.1
81.5

604.3
587.3
499.3
88.0

601.0
585.5
498.1
87.4

599.0
583.3
498.4
84.9

616.7
600.5
517.9
82.6

625.3
608.7
528.4
80.3

642.8
624.0
545.7
78.3

627.5
611.0
531.4
79.5

635.6
617.8
538.8
79.0

640.9
622.1
543.9
78.2

652.0
632.0
554.4
77.6

661.5
641.8
565.2
76.6

663.4
644.8
569.0
75.8

292.3
108.4
184.0
63.4

402.7
146.7
255.9
81.4

400.1
145.6
254.5
81.5

401.1
143.6
257.5
83.5

400.3
145.2
255.1
79.1

401.7
146.0
255.7
81.6

403.8
147.4
256.4
82.4

407.8
148.4
259.3
83.6

402.4
145.8
256.6
82.3

406.0
148.7
257.3
82.4

409.1
149.4
259.8
84.6

408.2
147.2
260.9
83.9

410.1
148.1
262.0
84.8

412.2
148.8
263.4
86.4

Intermediateproducts
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

1991
1992
1993

40.6
41.4
62.0

41.6
52.0

37.6
56.4

64.0
51.8

52.8
60.6

63.8
42.4

58.0
61.4

54.8
44.0

51.2
42.4

48.0
53.4

50.8
56.6

44.4
49.0

1991
1992
1993

27.6
41.0
54.4

32.0
43.4

34.4
53.0

43.2
60.2

52.0
62.6

67.6
51.4

64.0
64.0

65.2
50.8

58.8
54.2

48.0
46.8

46.0
51.6

43.6
57.4

1991
1992
1993

22.4
45.0
49.2

26.4
45.0

22.8
47.0

30.4
50.6

38.8
55.4

47.6
55.8

58.8
65.8

62.4
64.6

71.2
54.6

64.0
55.6

61.6
52.4

50.8
55.6

Year

One Month Earlier
Three Months Earlier
Six Months Earlier

Note - the diffusion indexes are calculated as the percentage of series that increased over the indicated span (one,three, or six months) plus one-half
the percentage that were unchanged.



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1£87=100
1987
Billion
KWH
850.7

Seasonallvadiusted
1992
Aua.
111.4

Seo.
110.2

Oct.
112.3

Nov.r
112.3

776.5
351.3
425.2
74.2

111.5
105.5
116.1
112.0

110.1
105.9
113.7
111.5

112.5
105.9
117.3
109.8

101
102

14.6
6.3
4.8

134.5
135.5
134.5

146.8
138.4
152.9

12

13.4

108.0

131
132

33.0
27.7
3.7

14
142
144
147

Not seasonallv adjusted

Dec/
113.8

1993
Jan.P
112.3

1992
Aua.
114.4

SeD.
113.9

Oct.
114.1

Nov/
111.5

Dec/
111.2

1993
Jan.P
108.7

112.6
106.0
118.3
108.7

114.0
106.4
120.5
109.6

112.6
106.1
118.1
107.8

114.8
107.6
121.1
109.2

114.1
107.7
119.8
110.4

114.4
107.3
120.3
110.1

111.7
105.4
117.0
108.9

111.1
104.5
116.7
112.1

108.4
101.9
113.9
111.9

137.1
126.6
149.2

128.4
118.1
138.6

128.4
108.6
149.1

128.9
118.7
140.3

136.4
138.6
138.0

141.6
138.5
149.9

136.6
128.9
147.0

128.8
117.5
141.1

128.5
111.1
147.1

131.2
122.9
140.7

105.3

107.0

105.7

105.1

106.2

95.3

97.8

103.7

107.5

113.7

118.5

102.6
102.7
88.7

100.4
101.4
84.2

101.1
102.1
79.2

101.2
101.2
88.4

102.1
101.7
94.7

100.7
100.4
91.2

101.6
100.9
90.5

102.2
102.5
86.9

100.8
102.1
77.9

99.8
100.1
85.1

105.8
106.3
91.8

105.6
105.5
92.1

12.3
3.5
2.9
3.9

114.6
107.6
120.9
115.4

111.4
113.7
116.7
102.5

110.6
113.2
115.5
101.6

108.3
115.9
120.0
95.6

105.9
113.8
123.0
92.3

99.1
106.9
120.3
88.7

116.3
114.1
130.1
111.7

112.9
122.5
126.3
101.9

111.5
122.5
128.8
97.8

110.7
124.4
130.5
95.2

106.2
116.3
123.6
91.5

96.1
90.4
102.6
89.2

52.9
8.7
6.5
6.6
10.9
3.7
3.4
5.9
3.9

113.1
112.1
102.2
116.5
116.6
112.3
129.5
125.2
109.2
101.6

111.5
115.7
101.7
113.0
118.3
112.4
129.2
121.9
101.8
98.0

114.4
116.0
107.2
116.3
118.4
116.6
130.4
117.6
108.2
102.5

114.9
118.1
105.4
113.9
119.9
116.3
140.7
118.8
105.8
103.6

116.5
116.5
105.7
118.6
123.0
114.8
138.7
124.8
107.6
106.2

114.8
120.2
103.2
114.5
118.6
116.4
129.6
119.8
105.9
100.8

123.8
124.4
112.6
134.0
120.2
125.0
128.7
121.8
125.4
111.5

122.9
126.6
110.8
136.7
122.2
124.5
131.1
119.8
116.4
109.1

120.8
120.6
106.9
133.9
124.3
121.3
143.0
118.1
112.1
106.7

115.5
116.8
101.2
115.4
124.3
113.6
158.3
126.8
103.1
101.4

113.1
112.4
99.7
110.7
123.6
110.2
156.6
133.4
100.1
101.1

108.6
113.0
97.6
103.3
117.7
109.4
133.4
126.9
95.1
94.2

21

1.7

96.7

98.3

90.3

94.5

97.9

95.1

107.1

109.9

101.3

93.5

90.4

84.3

Textile mill products
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

110.8
102.7
122.9
115.9
110.4
108.7

107.4
100.5
126.5
110.8
105.6
112.2

104.5
97.3
121.9
110.7
103.4
112.6

109.8
100.4
128.6
112.3
112.4
115.7

113.7
102.1
135.0
116.5
118.7
110.6

109.8
97.9
136.3
115.2
110.1
111.9

122.3
113.9
142.3
122.2
127.0
121.9

118.8
111.0
144.7
120.9
117.6
122.0

110.7
102.6
128.0
117.0
110.1
117.2

105.9
96.6
123.2
111.1
108.5
110.7

103.5
92.8
121.1
111.9
109.4
103.9

92.0
83.0
110.8
100.4
91.4
100.9

Apparel products
Men’s outerwear
Women’s outerwear

23
231,2
233

6.6
1.9
1.9

90.9
94.3
78.8

91.4
97.5
77.0

95.0
104.3
86.6

94.1
98.5
81.6

96.2
103.7
83.9

98.1
103.7
84.6

108.8
115.4
96.7

107.2
116.0
91.1

99.6
108.6
89.6

90.0
95.1
77.1

86.4
91.6
76.2

83.8
87.9
73.1

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

107.5
99.6
97.9

108.1
100.7
96.0

107.4
101.5
95.9

108.0
98.7
98.7

110.5
101.6
98.0

112.3
105.1
97.7

105.8
96.7
95.3

106.6
98.3
95.5

107.1
100.8
96.3

109.0
101.2
99.4

110.4
102.3
98.8

111.8
105.5
96.7

Furniture and fixtures
Household furniture

25
251

5.7
3.2

103.9
96.9

103.1
97.3

104.8
97.4

105.2
101.4

106.2
102.9

107.7
103.4

108.6
100.4

108.7
101.3

107.3
100.2

104.5
101.3

104.4
100.8

102.7
97.9

Paper and products
Wood pulp
Paper
Paperboard
Paperboard containers
Converted paper products

26
261
262
263
265
267

97.0
7.1
51.6
26.0
4.5
7.6

114.4
118.1
110.2
131.9
106.6
114.1

115.1
118.3
110.4
135.5
114.7
115.4

114.4
116.7
109.7
133.8
114.0
114.2

115.4
109.7
112.1
132.7
111.1
114.3

116.4
106.4
113.0
134.3
114.9
118.3

114.5
103.2
110.1
137.5
113.3
117.6

116.6
119.9
111.4
134.3
113.3
118.8

116.4
119.6
110.0
137.6
117.4
118.8

116.2
118.6
111.0
136.9
114.6
117.3

115.5
111.7
111.8
133.3
110.1
114.5

115.1
107.0
111.5
137.5
111.5
114.7

115.6
109.2
112.6
137.3
110.1
112.0

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

120.1
110.2
121.5

122.1
113.0
123.7

123.6
112.8
125.7

124.5
115.0
126.9

125.4
111.8
130.5

125.8
114.5
130.1

137.9
125.0
138.8

136.8
125.2
138.9

127.8
114.5
131.5

121.0
110.4
125.3

118.5
109.0
121.5

117.1
109.9
119.5

Chemicals and products
28
Basic chemicals
281
Alkalies and chlorine
2812
Inorganic chemicals, nec
2819
Acid and fertilizer materials
Nuclear materials, nondefense

146.2
61.8
14.1
29.1
10.9
18.2

118.9
124.2
121.4
141.9
109.1
161,6

117.1
122.2
125.8
138.1
103.2
161.2

125.1
123.8
128.2
140.4
113.7
158.3

125.0
125.2
129.2
138.9
112.8
156.9

124.2
122.2
124.2
136.6
106.5
158.3

122.1
119.8
117.6
134.9
103.8
158.1

123.4
128.9
123.0
145.7
110.0
171.0

121.3
124.8
127.8
138.9
102.6
164.6

126.4
125.3
127.1
143.0
113.1
164.2

122.8
123.0
126.1
135.4
110.5
153.1

122.7
121.6
120.9
137.2
109.4
157.0

121.2
119.9
118.6
136.3
107.7
156.6

Item
Total

1987 SIC

MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable

Mining

INDUSTRY GROUPS and SERIES

Metal mining i
Iron ore
Copper ore
Coal
Oil and gas extraction
Crude oil and natural gas
Natural gas liquids
Stone and earth minerals
Crushed stone
Sand and gravel
Chemical and fertilizer materials
Foods
Meat products
Dairy products
Canned and frozen food
Grain mil! products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Coffee and miscellaneous
Tobacco products




10

13

20
201
202
203
204
205
206
207
208
209

3.3

16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1£87 = 100
Item

Seasonallvadiusted

1987
Billion
KWH

1992
Auo.

See.

Oct.

N ov.r

282
2821
283
284
286
287

26.5
14.2
5.5
3.1
36.0
8.5

110.9
118.7
117.2
111.0
106.3
110.3

107.6
112.4
118.9
112.5
109.9
106.8

110.2
114.1
121.6
116.8
110.7
104.3

29

40.1

107.8

106.4

30
301
306
308

33.1
3.6
3.1
24.9

120.9
111.7
108.1
121.9

31

1.0
.4

Not seasonallv adjusted

Dec/

1993
Jan.P

1992
Auo.

Sec.

Oct.

N o v .r

Dec/

1993
Jan.P

109.9
115.5
125.0
117.0
109.4
108.5

109.7
112.3
125.6
115.5
113.0
110.2

108.6
111.0
123.5
117.7
105.3
109.9

112.6
117.5
131.0
120.4
111.5
106.7

111.9
116.8
133.8
119.7
112.7
107.7

110.4
114.7
124.5
118.4
114.1
104.5

108.5
114.8
119.0
113.5
108.4
108.4

107.5
110.4
117.3
110.8
110.1
110.6

106.8
110.6
114.0
112.5
106.3
109.7

107.9

108.6

110.9. 108.1

113.0

112.7

108.4

106.0

110.5

107.2

119.0
109.1
104.9
120.9

118.7
108.1
104.8
121.5

120.1
110.1
104.7
121.9

124.8
117.0
106.3
126.9

122.8
113.1
107.3
124.3

124.1
119.8
110.2
124.5

124.2
116.7
108.1
125.7

123.7
113.2
108.4
125.8

121.1
108.5
105.5
123.4

118.9
108.1
102.9
121.5

112.9
103.9
99.8
114.2

93.4
86.6

93.4
82.3

99.5
89.2

100.6
89.1

103.5
95.9

102.6
92.6

101.2
97.9

100.5
89.9

100.3
87.9

99.0
88.3

98.1
88.7

96.9
85.8

33.8
1.7
6.7
10.1
1.6
5.1

99.3
106.3
101.0
99.1
100.5
88.1

99.3
105.7
101.4
95.5
101.4
86.9

100.9
104.2
101.3
102.0
99.1
88.3

103.1
101.1
104.9
105.4
100.8
90.1

102.8
104.7
105.0
102.1
103.3
90.3

101.4
103.6
101.5
101.5
98.6
85.9

103.9
107.3
105.0
107.0
101.6
89.8

103.7
107.2
105.1
105.2
103.3
88.8

105.3
105.8
104.1
111.0
101.0
91.4

104.4
102.5
104.8
107.5
101.7
92.0

101.5
104.5
101.6
101.8
103.9
89.6

94.9
101.7
95.9
89.5
93.9
83.5

137.9
54.4
9.9
55.8
51.2
2.7

109.8
112.6
103.5
96.6
104.0
95.8

111.0
112.7
103.8
101.4
108.1
97.8

109.7
111.1
103.8
97.2
107.8
97.2

107.5
110.0
105.4
94.8
104.2
100.0

110.1
112.6
104.9
96.3
108.1
99.7

106.7
109.8
107.0
98.9
99.9
100.5

107.9
110.0
99.8
95.1
104.1
96.4

108.3
109.4
105.0
96.1
105.3
101.7

111.9
113.5
107.6
100.7
109.2
100.8

108.5
111.5
107.5
96.3
103.6
100.7

109.5
110.7
101.7
98.3
109.1
97.3

107.1
111.0
100.1
100.8
100.8
95.0

31.5
2.5
2.7
5.6
1.7
7.1

105.0
115.0
109.9
92.6
97.2
108.0

103.5
112.1
104.8
92.1
99.1
106.7

105.0
114.1
105.4
93.4
99.7
107.8

104.7
115.2
106.3
94.7
99.5
108.5

107.7
118.2
109.0
92.7
100.4
113.6

106.9
117.7
109.8
94.8
101.8
117.4

107.1
118.8
112.3
92.6
100.6
105.7

106.8
118.3
110.2
95.1
101.1
107.1

107.1
115.7
109.2
93.2
103.8
112.8

104.8
112.9
106.1
94.4
98.7
110.3

102.9
111.6
105.5
90.5
96.7
108.3

100.5
111.5
102.8
91.2
95.6
105.5

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

106.9
113.5
111.9
91.1
117.6
105.6
106.3
94.9
125.5

107.3
112.0
129.6
86.0
117.0
110.1
107.7
99.1
125.8

97.7
117.5
122.7
90.2
116.1
104.7
105.2
97.4
126.4

108.6
111.5
120.4
94.4
121.2
111.2
107.1
95.8
133.3

109.2
113.5
124.1
92.9
121.5
109.2
109.7
95.5
132.4

108.6
102.9
128.8
97.3
119.8
106.5
106.8
94.3
131.8

113.2
117.9
114.1
94.5
123.8
113.5
111.3
104.3
132.3

113.5
115.2
130.2
93.5
123.6
114.9
113.4
105.0
134.8

99.6
116.2
123.3
92.4
117.8
105.3
107.4
102.5
128.3

106.9
110.6
120.6
93.8
118.8
109.0
104.9
93.1
130.5

104.3
106.7
123.1
90.1
115.3
105.4
104.1
91.8
124.9

102.1
100.8
125.5
90.6
112.4
101.7
100.0
90.4
122.2

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

103.6
85.3
108.1
88.5
97.4
110.1
81.0
112.5

103.4
85.3
107.6
87.7
97.2
119.9
81.5
112.6

104.2
82.7
105.6
88.2
99.0
121.5
85.0
113.3

102.7
81.8
109.0
85.9
101.0
125.2
82.0
111.3

104.8
82.2
109.7
88.1
102.7
122.9
84.3
114.9

103.8
84.0
106.3
86.3
100.6
120.8
82.6
114.9

109.3
90.7
110.0
90.7
95.4
122.4
88.5
120.1

110.2
89.3
110.6
92.5
101.6
126.6
89.3
121.1

106.4
84.3
105.9
89.7
100.2
125.7
86.8
116.1

101.5
79.5
107.7
83.1
100.2
125.5
79.4
110.1

100.3
79.5
106.4
80.7
98.2
117.8
79.6
109.9

97.6
79.2
103.3
82.5
93.7
115.8
77.6
107.7

38.3
21.9
10.1
2.1

98.0
89.3
107.7
114.7

97.7
90.0
104.8
109.3

96.2
88.2
104.6
103.6

99.8
89.7
112.8
109.0

101.5
95.6
103.7
112.4

102.4
97.2
102.7
107.5

102.9
92.2
113.8
112.9

102.1
93.1
113.0
105.8

99.8
92.1
108.2
99.5

98.1
88.9
110.1
105.6

94.4
87.0
99.5
111.0

93.5
86.5
97.5
107.5

386

13.1
1.7

103.9
95.0

106.1
101.1

108.0
96.7

108.7
99.1

109.1
104.0

108.1
99.0

115.3
103.3

114.4
106.5

111.3
101.9

106.0
94.7

103.8
99.5

101.0
95.9

39

4.6

113.5

112.8

114.7

115.8

118.0

113.6

120.4

120.2

118.3

114.2

111.6

106.4

832.5
765.4
85.3

109.6
111.1
117.7

108.8
109.9
116.9

110.9
110.4
121.0

111.1
110.6
120.5

112.1
112.0
117.8

110.7
110.3
118.7

112.6
114.1
120.4

112.3
113.8
114.5

112.6
112.2
119.9

110.2
109.8
118.4

109.8
109.1
122.9

107.2
106.3
124.8

1987 SIC

Chemicals and Products (cont.)
Synthetic materials
Plastics materials
Drugs and medicines
Soap and toiletries
Industrial organic chemicals
Agricultural chemicals
Petroleum products

Rubber and plastics products
Tires
Rubber products, nec
Plastics products, nec

Leather and products
Shoes

314

Stone, clay, & glass products

32

Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

321
322
324
325
327

Primary metals
Basic steel and mill products
Iron and steel foundries
Primary nonferrous metals
Aluminum
Nonferrous foundries

33
331
332
333
3334
336

Fabricated metal products

34

Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings

341
342
344
345
346

Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Office and computing machines
Service industry machines

Electrical machinery
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
TV and radio sets
Communication equipment
Electronic components

Transportation equipment
Motor vehicles and parts
Aircraft and parts
Ships and boats

Instruments
Photographic equip. & supplies

Miscellaneous manufactures

35
351
352
353
354
355
356
357
358

36
361
362
363
364
365
366
367

37
371
372
373

38

SUPPLEMENTARY GROUPS
Total, excluding nuclear nondefense
Utility sales to industry
industrial generation




17

Explanatory Note
The Industrial Production and Capacity Utilization release reports measures of
output, capacity, and capacity utilization in the manufacturing, mining, and electric
and gas utilities industries. Survey data on electric power use in manufacturing and
mining also are included. Data shown the release are available on the day of issue
through the Department of Commerce’s online Economic Bulletin Board
(202-377-3870). Historical data are available on magnetic tape from the National
Technical Information Service (703-487-4650).
Industrial Production
Coverage. The industrial production index (IP) measures output in the
manufacturing, mining, and electric and gas utilities industries. The total IP index is
constructed from 250 individual series. These individual series are classified and
grouped two ways: 1) market groups (shown in table 1), such as consumer goods,
equipment, intermediate products, and materials, from which the seasonally adjusted
total index is derived; and 2) industry groups (shown in tables 2 and 6), such as
two-digit Standard Industrial Classification (SIC) industries and major aggregates of
these industries, for example, durable and nondurable manufacturing, mining, and
utilities. The 1977 SIC is the basis for industry classification of IP.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to
be purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprises final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript ”p” in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript ”r” in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990, 1985, and 1976.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses o f
Manufactures and M ineral Industries and the Annual Survey o f Manufactures ,
prepared by the Bureau of the Census; the M inerals Yearbook , prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units, and (2) data on inputs to the
production process, from which output is inferred. Physical product data, such as
tons of steel or barrels of oil, are obtained from private trade associations, as well as
the government agencies listed above; data of this type are used to estimate monthly
IP where possible and appropriate. When suitable physical product data are
unavailable, estimates of output are based on either production-worker hours,
kilowatt hours, or a combination of the two. Hours of production workers are
collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The kilowatt hours data are described below. The factors used to convert
inputs into estimates of production are based on historical relationships between the
inputs and the comprehensive data used to benchmark the IP indexes (censuses,
annual surveys, and the like); these factors also may be influenced by technological
or cyclical developments. Especially for the first and second estimates for a given
month, the available source data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison-base year (currently 1987).
Each segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1987 to the present, IP is
aggregated on the basis of 1987 value-added weights. The aggregation of the index
for the 1982-86 period is based on 1982 weights, while 1977 weights are used for the
1977-81 period. The other weight years in the postwar period are 1972,1967,1963,
1958, 1954, and 1947. The 1987 value-added weights used to aggregate the index
are shown in the first column of tables 1, 2, and 6 under the heading ’’Proportion in
total IP - 1987”. To the extent that a given industry grows faster (slower) than the
total index after 1987, its current proportion will rise (fall). Proportions for the most
recent complete year of data are shown in the second column of tables 1, 2, and 6.
Seasonal adjustment. Individual series are seasonally adjusted by the X -l 1 Arima
Method, which was developed at Statistics Canada. Individual series and major
aggregates are seasonally adjusted independently. Seasonal factors for the aggregate
series are based on data through 1991. Seasonal factors for the individual series are
based on data through at least 1988, but many have been reestimated with much more
recent data. The seasonally adjusted total index is calculated by aggregating the
seasonally adjusted major market groups, and may not precisely equal an
aggregation of the seasonally adjusted industry groups. In addition, because the
seasonal adjustment of aggregates is done separately, the seasonally adjusted value



18

of a given market or industry group may not be equal to an aggregation of its
seasonally adjusted components.
Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.36 percent during the 1972-88 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.27 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production - 1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production -1 9 8 6 Edition at a price of $9.00 per copy, write to Publication Services,
Mail Stop 138, Board of Governors of the Federal Reserve System, Washington, D.C.
20551. The 1990 revision to the index is described in Kenneth Armitage and Dixon
A. Tranum, ’’Industrial Production: 1989 Developments and Historical Revision”,
Federal Reserve Bulletin , Vol. 76 (April 1990), pp. 187-204.
Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 74 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, and total industry.
Component industries of the primary and advanced processing groups within
manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For mining,
manufacturing, and utilities as a whole, and for total manufacturing, utilization rates
as high as 90 percent have been exceeded only in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in Richard D. Raddock, ’’Revised Federal Reserve Rates of Capacity
Utilization,” Federal Reserve Bulletin , Vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilizaton is described in Richard D.Raddock,
’’Recent Developments in Industrial Capacity and Utilization,” Federal Reserve
Bulletin , vol. 76 (June 1990), pp. 412-35.
Electric Power
Electric power (kilowatt hour) data are collected by the Federal Reserve District
Banks from electric utilities and also from manufacturing and mining establishments
that generate electric power for their own use (cogenerators). The indexes of power
use shown in table 9 are sums of kilowatt hours used by an industry or industry group
expressed as a percentage of that industry’s or group’s usage in 1987. The first
column of the table shows, for reference, electric power use in billions of kilowatt
hours as reported by manufacturing and mining industries in the 1987 censuses of
those industries. The supplementary group, ’’Total, less nuclear nondefense,” is
shown separately because the nondefense nuclear material series (part of SIC 2819)
accounts for a disproportionately large part of total electric power use. Because the
value-added proportion for this industry in total IP is considerably smaller than its
share of total electric power use, excluding this component from total power use
facilitates comparisons with total IP.
Release Schedule for 1993
At 9:15 a.m. on January 15, February 18, March 17, April 16, May 14, June 16, July
16, August 16, September 16, October 15, November 15, and December 15.