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.VsQtCOv

FEDERAL RESERVE statistical release
f«AU0^''

G.17{419)

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

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.8 percent in October after an upwardly revised gain of 0.4 percent in September.
This recent acceleration was fueled by a rebound in the production of motor vehicles and parts—up 3.9 percent in September
and 7.3 percent in October after four months of negative to flat growth. Excluding motor vehicles and parts, industrial
production increased 0.3 in September and 0.4 percent in October. At 112.2 percent of its 1987 average, total industrial
production was 4.4 percent above its level a year ago. The utilization of total industrial capacity increased 0.8 percentage
point between August and October. It now stands at 82.4 percent, the highest rate since August 1990 and 0.5 percentage
point above the 1967-92 average.
Market Groups
The turnaround in motor vehicles and parts contributed to strong October gains in the indexes for durable
consumer goods, business equipment, and durable goods materials. The production of consumer durables other than
automotive products increased 1.3 percent, led by gains in the production of household furniture and appliances. The
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index, 1987=100
1993
1993
Industrial Production
Aug.r
Sep/
Oct.P
Julyr
Julyr

Percent chanqe
Aug/

Sep/

Oct.P

Oct. 92 to
Oct. 93

Total index
Previous estimates

110.8
110.7

110.9
110.9

111.4
111.0

112.2

.3
.2

.1
.1

.4
.2

.8

4.4

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

110.0
107.7
137.1
98.4
112.0

110.1
107.5
137.6
98.5
112.1

110.7
107.9
139.4
99.5
112.4

111.7
109.3
141.3
99.7
113.0

.6
.3
.8
1.7
-.1

.1
-.1
.3
.1
.1

.5
.4
1.3
1.0
.3

.9
1.2
1.4
.2
.6

4.3
2.7
10.9
5.3
4.6

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

111.6
115.4
107.0
96.4
116.9

111.8
115.6
107.1
95.5
117.8

112.5
116.8
107.2
97.2
114.9

113.5
118.3
107.5
96.6
115.0

.3
.7
-.2
-1.7
1.8

.1
.2
.1
-.9
.8

.6
1.0
.1
1.7
-2.5

.9
1.3
.4
-.5
.1

5.1
7.7
1.6
-1.0
2.0

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-92

1982
Low

Percent of Capacity
1992
1988-89
1993
High
Oct.
Julyr

Aug/

Sep/

Capacity
growth
Oct. 92 to
' Oct. 93
Oct.P

81.9

71.8

84.8

80.2

81.7

81.6

81.9

82.4

1.6

81.2
80.7
82.2
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

79.2
77.9
82.3
87.1
85.6

80.7
79.2
84.5
86.5
88.1

80.7
79.1
84.7
85.8
88.7

81.1
79.6
84.7
87.4
86.4

81.7
80.3
85.0
86.9
86.4

1.8
2.2
.9
-.8
1.1

production of consumer nondurables rose 0.6 percent, as growth in the output of food and tobacco, consumer chemical
products, and fuels more than offset an 0.8 percent decline in the output of clothing. Aside from motor vehicles and parts,
widespread gains also occurred in the production of other types of business equipment: Output of industrial equipment
gained 0.3 percent and the production of information processing equipment and that of other equipment both advanced
0.9 percent. In contrast, the index for defense and space equipment continued its downward trend, declining 0.9 percent.
After increasing 1.0 percent in September, the output of construction supplies grew only 0.2 percent in October.
In contrast, the overall output of materials increased 0.6 percent, up from 0.3 percent in September. This increase was
concentrated largely in durable goods materials, which expanded 1.1 percent. Along with the pickup in the output of motor
vehicle parts, the growth in durable goods materials was paced by continued gains in the production of computer parts and
semiconductors. Elsewhere in the materials group, the production of nondurable goods materials advanced 0.4 percent, but
the production of energy materials declined 0.3 percent because of a decrease in oil and natural gas extraction.
Industry Groups
After rising 0.6 percent in September, manufacturing output expanded 0.9 percent in October. The output of
durable goods industries grew 1.3 percent, but the production of nondurable goods industries rose only 0.4 percent. Along
with the gains in the motor vehicles and parts industry, noticeable increases were also recorded in the furniture, iron and
steel, fabricated metals, nonelectrical machinery, electrical machinery, food, tobacco, textiles, chemicals, petroleum, and
leather industries. As a result, the utilization of manufacturing capacity increased 0.6 percentage point in October to
81.7 percent, one-half percentage point above its average rate from 1967 to 1992. And, the utilization rate in primary
processing industries reached 85.0 percent, well above its longer-run average rate of 82.2 percent.
Utilities production edged up 0.1 percent in October, but mining output slipped back 0.5 percent.

NOTICE

Revised indexes of industrial production and rates of capacity utilization will be published in the G.17 (419)
statistical release in February 1994. Revised production statistics will begin in 1991 and revised capacity
utilization statistics will begin in 1990.
Points of information
• The revisions to production primarily reflect the incorporation of more comprehensive monthly source data,
review of the production factor coefficients, and updated seasonal factors.
• The revisions to capacity utilization will reflect improved estimates of capital stocks and preliminary results
from the Census Survey of Plant Capacity for 1991 and 1992.
• Diskettes containing the revised data will be available on the day of release from the Board of Governors of
the Federal Reserve System, Publications Services, at (202) 452-3245.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Seasonally adjusted

October data
industrial production indexes

Twelve-month percent change

Twelve-month percent change

Manufacturing

5

y\

Total industry

5

F \

J

/vy
0

0

-b

-5

I

10

I

I

1990

1988

Total industry
Ratio scale, 1987 production =100




I

I

I

1992

1988

I

I

1990

I

I

1992

Manufacturing
Ratio scale, 1987 production =100

-10

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Proportion
inTotallP

index, 1987=100
l

Seasonally Adjusted

~~~
Not seasonally adjusted
—

Item

1987

1992

1993
May

Total Index

100.0

100.0

110.2

110.5

110.8

110.9

111.4

112.2

108.8

112.4

109.7

113.9

114.0

114.2

59.5
44.8

59.0
45.6

109.3
112.5

109.4
112.7

110.0
113.2

110.1
113.3

110.7
114.1

111.7
115.4

107.7
110.9

111.9
115.1

109.0
111.1

114.4
117.5

114.6
117.8

114.5
118.2

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durable goods
Appliances, TVs, and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
Foods and tobacco
Clothing
Chemical products
Paper products
Energy products
Fuels
Utilities

26.5
5.8
2.7
1.7
1.1
.6
1.0
3.1
.8
.9
1.4
20.7
9.1
2.6
3.6
2.6
2.7
.8
2.0

26.2
5.6
2.6
1.6
.8
.8
1.0
3.1
.8
.9
1.4
20.5
9.0
2.3
4.0
2.5
2.8
.7
2.0

107.3
110.8
109.7
110.1
86.5
150.9
109.1
111.8
121.1
108.9
108.4
106.3
104.3
94.2
122.6
101.8
107.4
106.5
107.7

107.3
107.9
105.3
105.0
83.5
142.3
105.8
110.2
116.1
109.1
107.6
107.2
104.7
94.6
123.0
102.6
110.4
105.8
112.2

107.7
108.6
103.3
100.3
78.2
138.6
108.4
113.2
127.3
109.9
107.4
107.4
104.9
93.6
124.0
101.3
112.9
105.0
116.0

107.5
107.9
103.0
99.2
71.8
146.7
109.3
112.3
124.6
108.1
108.0
107.4
105.1
93.0
122.6
100.8
115.0
104.0
119.3

107.9
109.4
106.4
104.1
75.4
153.9
110.1
112.0
124.5
107.2
108.1
107.5
105.4
92.3
123.9
102.1
112.7
110.0
113.7

109.3 105.2
113.3 I 114.5
113.0 117.5
114.9 123.3
85.2
97.9
166.4 167.4
109.9 I 107.7
113.5 111.9
127.9 122.1
109.1 109.1
108.1 108.0
108.1 102.6
106.1 102.0
91.6
93.7
124.9 120.4
102.0 101.2
114.1
90.8
114.2 106.6
114.1
84.7

109.5
114.5
117.1
123.0
96.5
168.8
107.2
112.3
119.4
112.5
108.2
108.1
107.7
98.2
130.0
101.9
95.5
108.6
90.4

105.3
93.4
80.6
65.8
51.1
91.3
105.5
104.6
108.9
103.6
102.9
108.7
105.0
93.3
134.4
99.9
110.1
108.5
110.8

112.2
109.9
104.6
100.4
72.6
148.5
111.8
114.6
128.5
112.4
108.1
112.9
112.5
97.5
135.2
100.6
110.9
106.9
112.5

112.5
113.5
110.6
109.0
77.7
163.3
113.4
116.0
131.6
111.7
109.9
112.2
112.9
96.8
136.7
100.6
103.5
112.0
100.2

112.1
122.1
125.6
132.6
98.7
191.3
113.8
119.0
137.0
113.5
112.5
109.2
112.1
94.2
127.5
100.4
98.2
113.1
92.4

Equipment, total
Business equipment
Information processing & related
Computer and office
Industrial
Transit
Autos and trucks
Other
Defense and space equipment
Oil and gas well drilling
Manufactured homes

18.3
13.2
5.5
1.9
3.9
2.0
1.0
1.8
4.4
.6
.2

19.4
15.3
7.0
3.0
4.0
2.6
1.1
1.7
3.5
.4
.2

119.9
135.4
153.5
216.5
115.0
142.5
133.1
116.2
79.5
75.1
112.1

120.4
136.1
155.7
221.0
115.6
138.0
127.2
117.6
78.6
82.4
113.6

121.2
137.1
158.2
226.5
117.2
133.2
118.9
119.6
78.6
81.0
118.5

121.6
137.6
158.8
232.0
117.0
133.2
119.6
121.7
78.1
87.8
116.2

123.0
139.4
161.1
236.7
117.5
136.8
126.5
122.7
77.9
90.5
120.6

124.2
141.3
162.6
242.0
117.9
143.7
139.6
123.8
77.2
88.9
121.4

119.1
134.6
150.3
210.2
113.1
150.5
148.9
115.4
78.6
69.2
121.2

123.3
140.3
159.6
230.4
117.5
149.3
148.2
120.2
78.1
76.1
129.4

119.4
135.3
161.6
234.2
117.7
110.6
79.6
120.2
76.8
80.9
114.2

125.1
142.6
168.1
253.1
119.4
133.2
121.1
125.1
76.8
87.1
136.3

125.5
142.8
165.1
244.1
120.4
139.0
131.0
126.9
77.0
92.8
134.3

127.1
144.8
166.9
250.6
118.6
153.7
158.6
123.7
77.6
94.2
135.0

14.7
5.9
8.8

13.5
5.2
8.3

99.7
97.7
101.0

99.4
96.8
101.1

100.4
98.4
101.7

100.5
98.5
101.8

100.5
99.5
101.2

100.5
99.7
101.1

98.2
98.8
97.8

101.9
101.6
102.1

102.6
100.9
103.7

105.0
102.0
107.0

105.0
103.0
106.3

103.1
102.6
103.4

40.5

41.0

111.6

112.1

112.0

112.1

112.4

113.0

110.4

113.3

110.6

113.1

113.0

113.8

20.5
4.1
7.4
9.0
3.1
9.0
1.2
2.0
3.8
2.0
11.0
7.3
3.7

21.0
3.9
8.1
9.0
3.1
9.4
1.1
2.0
4.1
2.1
10.6
6.8
3.8

114.8
111.6
123.5
109.2
111.1
114.1
104.3
114.1
117.2
113.6
103.4
101.6
106.8

114.9
110.2
124.1
109.4
111.3
114.8
104.9
115.9
118.6
112.3
104.6
100.9
111.7

115.4
109.8
124.9
110.2
111.3
114.2
105.9
113.4
117.3
114.0
103.7
98.2
114.5

115.5
110.3
126.1
109.2
109.6
115.3
105.6
113.7
119.6
114.4
102.9
96.7
115.0

116.6
110.9
128.0
109.8
110.2
114.5
103.7
113.8
118.3
114.1
102.7
97.8
112.3

117.9
114.0
129.5
110.1
111.4
115.0
104.9
113.7
119.1
114.1
102.4
97.2
112.7

114.7
112.8
122.5
109.2
111.4
113.5
107.7
111.0
116.5
113.4
99.9
99.1
101.4

116.9
112.5
125.3
112.1
113.3
116.5
106.9
116.6
119.7
115.9
103.9
100.6
110.2

113.6
104.4
123.4
109.6
109.3
112.2
98.6
111.0
116.9
112.2
103.8
96.6
118.0

116.6
110.3
126.3
111.4
108.9
115.9
107.6
114.4
118.7
116.8
104.2
96.9
118.3

117.9
113.1
127.5
112.2
111.8
116.3
104.9
114.8
120.7
116.2
101.0
96.0
110.7

119.4
117.4
129.4
112.0
111.5
117.5
107.9
115.7
119.6
120.9
100.3
95.9
109.0

Total excluding:
Autos and trucks
Motor vehicles and parts
Computer and office equipment

97.2
95.2
97.7

97.3
95.3
96.3

110.0
109.8
107.7

110.4
110.3
107.8

110.9
110.9
108.1

111.0
110.9
108.0

111.4
111.2
108.4

111.9
111.7
109.1

108.1
107.9
106.4

111.9
111.8
109.6

110.8
110.8
106.7

114.0
114.0
110.5

113.9
113.8
110.9

113.4
113.2
110.9

Consumer goods excluding:
Autos and trucks
Energy

24.8
23.8

24.6
23.4

107.1
107.3

107.5
107.0

108.2
107.1

108.1
106.7

108.2
107.4

108.9
108.7

104.0
106.9

108.6
111.1

108.1
104.8

113.0
112.4

112.7
113.5

110.7
113.7

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.2
11.3

14.1
12.3

135.6
121.8

136.8
121.8

138.7
122.1

139.1
121.7

140.5
123.0

141.4 133.4
124.4 | 121.9

139.6
125.1

140.1
118.7

144.5
124.1

143.8
125.8

143.6
127.0

Materials excluding:
Energy

29.5

30.3

114.6

114.9

115.1

115.5

116.0

117.0

116.8

113.1

116.4

117.4

118.8

Products, total
Final products

intermediate products
Construction supplies
Business supplies
Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

June

Julv

r

Aug/

Sep/

Oct.P

May

June

Julvr

Aug/

Sep/

Oct.P

SPECIAL AGGREGATES




114.4

Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change
[
Item

1991 Q4
to
1992Q4

Seasonally adjustecl
annual rate
I
SeasonallvadiustecL
92
.I Not seasonally adjusted ! Oct.
1992 1993
I 1993r
to
H
_
r
r
r
r
Q3
Julv
Sep/ Oct.P
Julv
Aua.
Sep/ Oct.P Oct 93
Aua.
04
Q2
Q1

Totai index

3.2

6.7

55

2.3

2.4

.3

.1

.4

.8

-2.5

3.8

.1

.2

4.4

Products, total
Final products

3.7
4.4

7.9
9.6

5.1
5.4

1.5
1.1

3.1
3.1

.6
.5

.1
.1

.5
.7

.9
1.1

-2.6
-3.5

4.9
5.7

.2
.3

-.1
.4

4.3
4.8

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durable goods
Appliances, TVs, and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
Foods and tobacco
Clothing
Chemical products
I
Paper products
Energy products
Fuels
Utilities

2.8
6.6
10.9
15.0
8.4
22.2
4.6
3.1
1.7
8.3
1.0
1.8
1.5
-.5
5 2
-1.5
2.6
3.9
2.1

8.9
16.8
30.5
51.7
16.0
100.4
2.5
6.3
-1.8
14.2
6.6
6.8
-1.2
4.2
16.5
1.6
29.0
24.3
30.8

4.6
21.7
27.7
41.6
41.3
41.8
6.7
16.7
35.9
12.4
9.0
.1
-2.0
-1.7
1.1
2.9
4.4
-1.4
6.5

-2.4
-3.2
-9.9
-16.7
-10.0
-22.9
3.4
3.1
3.3
9.7
-1.0
-2.2
-1.8
-2.0
1.8
2.7
-13.0
-4.3
-16.0

.6
-6.0
•6
-16.5
-1.9
-27.8
-4.5
-43.8 ! -6.4
-8.4
-2.6
5.6
2.5
3.8
2.7
17.5
9.7
1.4
.8
-2.6
-.2
2.5
.2
.1
3.1
-6.6
-1.1
1.8
.7
-2.5
-1.3
14.5
2.3
.2
-.7
20.1
3.4

-.1
-.6
-.3
-1.1
-8.1
5.8
.8
-.9
-2.2
-1.6
.5
.0
.3
-.7
-1.1
-.5
1.9
-.9
2.8

.4
1.3
3.3
4.9
4.9
4.9
.8
-.2
-.1
-.9
.1
.1
.2
-.7
1.0
1.2
-2.0
5.8
-4.7

1.2
-3.8
3.6 -18.4
6.3 -31.1
10.4 -46.5
13.0 ! -47.1
8.1 -45.9
-.2
-1.5
1.3
-6.8
2.8
-8.8
1.8
-7.9
.1
-4.9
.6
.6
.7
-2.5
-.8
-4.9
.8
3.3
-.1
-2.0
1.2
15.4
3.8
-.1
.3
22.6

6.5
17.7
29.8
52.5
42.2
62.6
5.9
9.5
17.9
8.5
5.0
3.8
7.1
4.4
.6
.6
.7
-1.4
1.5

.3
3.2
5.8
8.6
7.0
10.0
1.4
1.2
2.4
-.7
1.7
-.6
.4
-.7
1.1
.0
-6.7
4.7
-10.9

-.4
7.6
13.5
21.6
27.0
17.2
.4
2.6
4.1
1.6
2.4
-2.7
-.7
-2.6
-6.7
-.2
-5.1
1.0
-7.8

2.7
8.8
9.6
13.2
8.5
17.8
3.9
8.1
15.4
10.8
2.2
1.0
.2
-3.1
3.1
1.9
2.7
4.0
2.2

Equipment, total
Business equipment
Information processing & related
Computer and office
Industrial
Transit
Autos and trucks
Other
Defense and space equipment
Oil and gas well drilling
Manufactured homes

6.6
9.8
16.2
31.1
6.1
1.1
9.0
7.8
-7.8
9.0
48.6

10.5
12.6
14.4
25.2
8.3
8.8
40.7
21.5
-7.5
76.6
104.5

6.6
11.0
11.0
31.5
5.6
16.4
39.0
15.9
-7.7
-30.0
18.0

6.0
10.4
19.8
41.4
8.0
-11.2
-11.9
12.7
-8.8
-13.0
-30.2

6.5
7.9
16.9
33.3
7.3
-19.3
-28.3
15.3
-6.7
61.9
18.4

.6
.8
1.6
2.5
1.4
-3.4
-6.5
1.7
.0
-1.7
4.3

.3
.3
.4
2.4
-.2
.0
.6
1.7
-.6
8.4
-1.9

1.1
1.3
1.5
2.0
.4
2.7
5.7
.8
-.2
3.1
3.8

1.0
1.4
.9
2.2
.3
5.1
10.4
.9
-.9
-1.8
.7

-3.1
-3.5
1.3
1.6
.2
-25.9
-46.3
.0
-1.6
6.2
-11.8

4.7
5.4
4.1
8.1
1.5
20.4
52.2
4.1
-.1
7.7
19.3

.3
.1
-1.8
-3.6
.8
4.4
8.2
1.5
.3
6.6
-1.4

1.3
1.4
1.1
2.7
-1.5
10.6
21.1
-2.5
.8
1.4
.5

7.6
10.9
14.4
32.2
7.0
4.6
14.8
13.9
-7.5
7.5
9.9

1.6
4.4
-.2

2.3
4.2
1.1

4.1
6.5
2.7

2.6
3.0
2.4

3.1
7.8
.1

1.0
1.7
.6

.1
.1
.1

.0
1.0
-.6

.0
.2
-.1

.7
-.7
1.6

2.3
1.1
3.2

.0
1.0
-.6

-1.8
-.4 |
-2.8

2.8
5.3
1.2

2.4

4.9

6.1

3.5

1.5

-.1

.1

.3

.6

-2.4

2.2

-.1

.7

4.6

4.0
3.9
5.7
2.5
1.1
2.2
4.9
.5
2.4
2.1
-.3
-1.2
1.4

8.7
18.6
7.2
6.1
5.9
.4
-4.6
-1.6
1.7
2.5
1.7
1.9
1.4

11.1
29.9
6.3
7.9
8.4
3.8
3.4
6.8
.7
7.6
-1.5
-6.0
6.8

3.7
-.3
8.6
1.1
-1.1
6.4
.5
12.3
8.0
1.0
.9
8.7
-11.6

3.4
-4.1
9.6
1.4
-2.0
1.6
4.2
-5.1
3.9
2.7
-2.6
-12.2
16.7

.4
-.4
.6
.7
.0
-.5
.9
-2.1
-1.0
1.5
-.8
-2.7
2.5

.1
.4
1.0
-.9
-1.5
.9
-.2
.3
1.9
.4
-.8
-1.6
.4

.9
.6
1.5
.6
.5
-.7
-1.8
.1
-1.1
-.3
-.1
1.2
-2.3

1.1
2.8
1.1
.2
1.1
.4
1.1
-.1
.7
.0
-.3
-•7
.3

-2.9
-7.2
-1.5
-2.2
-3.5
-3.7
-7.8
-4.8
-2.3
-3.1
-.1
-4.0
7.1

2.7
5.7
2.4
1.6
-.3
3.3
9.2
3.1
1.5
4.1
.3
.4
.2

1.2
2.6
1.0
.7
2.6
.4
-2.5
.3
1.6
-.5
-3.0
-1.0
-6.4

1.3
3.7
1.5
-1
-.3
1.0
2.8
•7
-.9
4.0
-.6
-•1
-1.5

7.4
11.9
9.4
3.6
2.8
3.9
2.2
4.2
4.2
4.0
-.6
-2.2
2.4

Total excluding:
Autos and trucks
Motor vehicles and parts
Computer and office equipment

3.0
2.9
2.3

5.7
5.5
6.0

4.6
4.0
4.5

2.9
3.0
.8

3.5
3.7
1.1

.5
.5
.2

.1
.1
.0

.3
.3
.4

.5
.7

-1.0
-.8
-2.7

2.9
2.9
3.6

-.1
-.2
.3

-.4
-.5
.1

4.2
4.0
3.3

Consumer goods excluding:
Autos and trucks
Energy

2.0
2.8

6.6
6.7

2.3
4.6

-1.3
-1.1

2.8
-1.0

.7
.1

-.1
-.4

.1
.7

•6
1.2

-.4
-5.7

4.6
7.2

-.3
1.1

-1.9
,1

2.0
2.6

Business equipment excluding:
Autos and trucks
Computer and office equipment

9.9
5.4

10.6
9.6

8.9
6.1

12.5
2.8

11.5
1.1

1.4
.3

.3
-.3

1.0
1.1

•7
1.1

.3
-5.1

3.1
4.5

-.5
1.4

-•1
1.0

10.5
5.3

Materials excluding:
Energy

3.4

6.1

8.9

4.5

2.9

.2

.4

.4

.9

-3.1

2.9

.9

1.2

6.3

Intermediate products
Construction supplies
Business supplies
Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

•

3

SPECIAL AGGREGATES

Note—Percent changes shown in the fi rst and last columns are based on seasona ly adjusted data.




•

4

INDUSTRIAL PRODUCTION: INDUSTRY GROUPS

1987

1992

PT993
May

June

Julvr

Aua.r

index. 1987=100
'
I — — Not seasonally adjusted
1993
"
"
~™
Seo.r Oct.P
May June
Julvr Aua.r Sep/

100.0

100.0

110.2

110.5

110.8

110.9

111.4

112.2

108.8

112.4

109.7

113.9

114.0

114.2

j 84.3

84.6

111.3

111.3

111.6

111.8

112.5

113.5

110.8

114.3

110.3

115.1

116.0

116.6

27.1
57.1

26.4
58.1

107.1
113.3

107.5
113.0

107.6
113.5

107.9
113.6

108.0
114.6

108.4 107.1
115.8 I 112.5

110.0
116.3

106.4
112.1

109.5
117.8

110.3
118.7

111.0
119.3

46.5
2.1
1.5
2.4

47.2
1.9
1.4
2.2

114.9
97.4
108.4
99.6

114.6
96.5
109.5
100.5

115.4
99.1
111.1
100.8

115.6
99.7
110.7
100.0

116.8
100.7
111.1
101.6

118.3 115.0
101.2
98.0
112.3 | 106.3
101.4 100.9

117.8
100.9
111.3
103.6

112.4
98.6
106.6
102.0

117.9
104.4
116.2
104.2

119.0
104.1
117.1
104.3

121.2
104.8
115.1
106.2

|
Item

SIC

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

24
25
32

^rop~ortion
in Total IP

H

—
Seasonally Adjusted

"

Oct.P

Primary metals
33
iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Industrial and commercial
machinery and computer equip 35
Computer and office equip.
357
Electrical machinery
36

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.3
4.9

104.2
108.1
105.1
98.9
100.6

105.7
110.9
106.8
98.5
100.1

105.3
111.9
108.2
96.3
101.2

106.0
112.2
106.2
97.4
100.8

105.7
110.5
105.3
99.2
100.6

106.2
111.7
108.1
98.6
101.5

104.8
108.9
107.1
99.1
100.6

107.3
112.7
107.2
100.0
102.8

102.9
110.0
104.6
93.1
100.8

104.6
110.2
103.6
96.9
102.8

107.6
112.8
104.8
100.4
102.8

107.7
113.3
109.3
100.1
103.2

8.5
2.3
6.9

10.0
3.7
7.8

144.2
216.5
129.7

145.4
221.0
130.1

148.5
226.5
132.3

149.8
232.0
133.5

151.6
236.7
135.1

153.4
242.0
136.2

142.2
210.2
128.5

150.0
230.4
131.0

151.5
234.2
128.4

157.1
253.1
134.3

155.4
244.1
136.7

155.7
250.6
138.3

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

372-6,9
38
39

9.9
4.8
2.2
5.1
5.1
1.3

9.5
4.7
2.1
4.8
5.0
1.3

105.5
118.1
113.1
93.7
102.5
113.1

102.6
114.3
108.2
91.8
102.5
112.1

100.8
110.1
102.8
92.0
102.8
112.3

100.6
110.2
99.9
91.6
101.3
112.5

102.4
114.5
104.8
91.2
101.9
114.3

106.3
122.8
116.3
90.9
102.1
114.2

109.5
127.4
127.0
92.8
101.0
112.2

108.5
126.3
126.3
91.7
103.7
112.6

88.1
86.8
67.4
89.3
103.6
109.2

99.8
110.7
101.0
89.6
103.1
113.8

103.6
117.6
109.3
90.4
103.2
116.0

111.6
133.5
134.3
91.1
103.1
118.6

20
21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

37.4
8.8
1.0
1.8
2.0
3.7

106.9
106.7
92.1
106.9
91.2
112.1

107.2
107.1
89.1
107.1
91.1
114.2

107.0
107.2
91.5
107.7
90.7
112.0

107.1
107.6
92.4
107.3
90.3
113.3

107.2
107.7
94.2
106.1
89.2
112.9

107.5
108.3
95.5
106.7
88.6
112.5

105.5
104.3
88.3
109.6
90.5
109.3

109.9
109.2
96.7
111.7
93.2
114.7

107.7
108.6
76.1
104.0
89.4
109.9

111.7
114.1
97.9
111.3
93.0
114.2

112.3
114.8
100.6
110.1
92.0
113.8

111.0
114.3
105.3
111.3
90.4
116.4

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

5.8
9.5
1.3
3.3
.3

94.7
118.1
103.6
113.8
98.2

94.5
119.1
103.9
112.8
97.0

93.8
118.7
102.5
114.7
96.8

93.1
118.7
102.4
114.8
97.0

93.2
118.8
105.9
115.1
98.3

93.1
119.7
107.9
114.8
99.8

93.0
117.2
104.6
113.8
97.6

96.1
123.0
108.9
115.2
100.3

96.3
123.1
109.0
110.1
93.6

98.8
124.3
108.2
115.4
99.8

98.8
125.5
111,1
116.2
100.5

95.9
120.9
109.3
117.5
101.8

10
12
13
14

8.0
.3
1.2
5.8
.7

7.3
.5
1.2
5.0
.6

97.3
169.3
106.4
91.6
94.0

98.0
164.4
106.7
93.1
91.7

96.4
167.7
101.0
91.6
93.2

95.5
148.8
95.9
92.4
94.7

97.2
159.5
103.9
92.4
94.9

96.6
164.1
105.3
91.2
94.2

95.6
172.1
100.4
89.9
97.9

97.0
169.3
105.6
90.8
98.5

94.0
166.4
93.5
89.3
100.1

95.5
153.7
102.8
89.8
102.4

97.1
161.6
107.5
90.7
100.8

98.2
159.0
109.1
92.1
100.1

491 ,3pt
492?,3pt

7.7
6.1
1.6

8.1
6.4
1.7

112.1
114.0
104.9

114.9
115.6
112.2

116.9
118.1
112.4

117.8
118.8
113.9

114.9
115.1
114.0

115.0
115.2
114.4

101.3
106.3
82.8

108.6
118.3
72.9

119.3
131.7
73.3

119.2
131.9
72.4

109.4
119.4
72.5

104.3
108.6
88.5

79.5
81.9

79.8
80.9

110.9
108.3

111.1
108.1

111.7
108.3

111.9
108.3

112.3
108.9

112.9
109.8

109.8
107.9

113.5
111.0

111.7
106.7

115.4
111.2

115.9
112.3

115.6
112.8

10.7
6.0
4.7
4.4
0.3

10.2
5.8
4.4
4.2
0.3

9.6
5.4
4.2
4.0
0.2

9.6
5.1
4.5
4.3
0.3

10.1
5.3
4.8
4.5
0.3

11.0
5.9
5.2
4.8
0.3

11.6
6.6
5.1
4.7
0.3

12.1
6.8
5.3
5.0
0.3

6.4
3.6
2.8
2.7
0.2

9.9
5.2
4.7
4.4
0.3

10.6
5.5
5.1
4.8
0.3

12.3
6.6
5.7
5.4
0.3

37
371

Mondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

Memo: Motor vehicle assemblies 1
Total
Autos
Trucks
Light
Heavy and medium

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 plasties 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, industrial and commercial machinery and computer equipment, electrical machinery, transportation
equipment, instruments, and miscellaneous manufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

SIC

1991 Q4
to
1992Q4

Seasonally adjusted
annual rate
1992 1993
Q3r
Q4
Q1
Q2

Seasonallvadiusted
1993r
Julv
Aua.r Seo.r Oct.P

Not seasonaliv adjusted
1993
Julvr Aua.r Seo.r Oct.P

Oct. 92
to
Oct. 93

Total index

3.2

6.7

5.5

2.3

2.4

.3

.1

.4

.8

-2.5

3.8

.1

.2

4.4

Manufacturing

3.7

6.5

6.4

3.4

2.3

.3

.1

.6

.9

-3.5

4.4

.8

.6

5.1

2.9
4.1

4.0
8.1

6.6
6.3

3.2
3.3

2.3
2.4

.1
.5

.3
.0

.1
.9

.4
1.1

-3.2
-3.6

2.9
5.1

.7
.8

.6
.5

4.2
5.5

5.4
7.1
6.6
5.9

9.7
11.2
13.3
4.8

10.3
4.7
16.4
2.9

4.4
-9.2
10.8
7.6

3.9
10.8
7.8
3.3

.7
2.7
1.4
.3

.2
.6
-.4
-.7

1.0
1.0
.4
1.5

1.3
.5
1.1
-.2

-4.6
-2.3
-4.2
-1.5

4.9
5.8
9.0
2.1

1.0
-.2
.8
.1

1.9
.7
-1.7
1.9

7.7
3.4
11.8
4.7

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
Industrial and commercial
machinery and computer equip. 35
Computer and office equip.
357
Electrical machinery
36

.9
1.3
1.8
.4
2.3

7.4
6.1
10.4
9.5
3.4

14.5
16.6
5.5
11.3
9.8

-.8
.0
4.2
-2.0
3.1

3.5
9.1
6.6
-4.6
.6

-.4
.9
1.3
-2.3
1.1

.6
.3
-1.8
1.1
-.3

-.2
-1.6
-.9
1.9
-.2

.5
1.2
2.7
-.6
.9

-4.2
-2.4
-2.5
-6.9
-1.9

1.7
.2
-1.0
4.1
1.9

2.8
2.3
1.2
3.7
.0

.1
.5
4.3
-.4
.4

5.7
7.3
8.3
3.2
4.1

15.2
31.1
8.1

18.8
25.2
10.4

15.1
31.5
10.7

22.1
41.4
8.0

17.1
33.3
13.0

2.1
2.5
1.7

.9
2.4
.9

1.2
2.0
1.2

1.2
2.2
.8

1.0
1.6
-2.0

3.7
8.1
4.6

-1.1
-3.6
1.8

.2
2.7
1.2

17.5
32.2
11.1

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

372-6,9
38
39

.2
10.2
8.5
-8.7
-1.6
3.6

11.8
33.7
38.9
-6.9
-2.9
5.3

13.8
37.4
40.9
-7.9
-2.7
2.1

-9.7
-9.5
-15.1
-10.0
-1.3
5.1

-13.6
-19.0
-32.2
-6.9
-2.1
-.5

-1.8
-3.6
-5.0
.2
.3
.2

-.2
.0
-2.9
-.4
-1.5
.1

1.9
3.9
4.9
-.4
.6
1.6

3.8
7.3
11.0
-.3
.2
-.1

-18.8
-31.2
-46.6
-2.7
-.1
-3.1

13.3
27.5
49.9
.3
-.4
4.2

3.8
6.2
8.2
.9
.1
1.9

7.8
13.5
22.9
.8
-.1
2.3

3.3
13.7
11.8
-7.5
-1.6
3.4

20
21
22
23
26

1.7
.8
9.0
4.4
-1.6
-.1

2.6
2.2
-21.1
-.1
2.6
-2.3

1.5
.0
-10.4
3.7
.8
8.0

2.1
1.3
-25.6
-.3
-4.9
11.8

.2
2.4
10.1
3.5
-6.0
-1.4

-.2
.0
2.6
.5
-.4
-1.9

.1
.4
1.0
-.4
-.5
1.2

.1
.1
1.9
-1.1
-1.3
-.4

.4
.6
1.4
.6
-.6
-.4

-2.0
-.6
-21.3
-6.9
-4.1
-4.2

3.8
5.1
28.7
7.0
4.1
3.9

.5
.6
2.7
-1.1
-1.1
-.3

-1.1
-.4
4.6
1.1
-1.8
2.3

1.6
1.4
-6.7
3.1
-3.4
4.8

27
28
29
30
31

-1.9
3.8
2.8
3.8
8.5

-.1
7.7
17.0
3.3
13.6

.2
.0
-.1
8.3
9.6

1.8
5.1
-1.0
1.2
.1

-6.4
1.3
-1.3
5.3
-4.1

-.7
-.3
-1.3
1.6
-.1

-.8
.0
-.1
.2
.2

.1
.1
3.4
.3
1.3

-.2
.8
1.9
-.3
1.5

.1
.0
.1
-4.5
-6.7

2.6
.9
-.8
4.8
6.7

.0
1.0
2.7
.8
.7

-2.9
-3.7
-1.7
1.1
1.3

-1.5
3.0
2.4
4.5
4.9

10
12
13
14

-.9
6.5
-2.7
-1.3
1.0

1.5
14.1
-.4
.9
1.1

-5.7
-6.9
-3.8
-6.9
2.8

3.2
6.1
12.2
1.9
-6.1

-3.6
-15.3
-23.0
1.9
7.0

-1.7
2.0
-5.3
-1.6
1.6

-.9
-11.3
-5.1
.9
1.7

1.7
7.2
8.4
-.1
.1

-.5
2.9
1.3
-1.3
-.7

-3.0
-1.8
-11.5
-1.6
1.7

1.5
-7.6
10.0
.5
2.3

1.7
5.2
4.5
1.0
-1.6

1.2
-1.6
1.5
1.6
-.7

-1.0
-2.4
1.4
-1.6
.6

491,3pt
492,3pt

2.0
1.9
2.2

14.4
14.4
14.8

4.6
3.2
9.9

-7.5
-1.8
-26.1

10.0
9.6
11.8

1.8
2.2
.2

.8
.6
1.3

-2.5
-3.2
.0

.1
.1
.3

9.8
11.4
.5

.0
.1
-1.2

-8.2
-9.5
.2

-4.7
-9.0
22.1

2.0
2.3
1.0

3.3
2.7

5.1
5.7

4.7
5.2

4.3
1.6

3.8
.7

.5
.2

.1
.0

.4
.5

.5
.8

-1.6
-3.8

3.3
4.2

.4
1.0

37
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
Coalmining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

Note—Percent changes shown in the first and last columns are based on seasonally adjusted data.




-.2
.4 |

4.5
3.7

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

19671992
Ave.

1973
High

19781980
High

1982
Low

19881989
High

19901991
Low

1992
Oct.

1993
May

June

Julvr

Aug/

Sep/

Oct.P

Total industry

100.0

81.9

89.2

87.3

71.8

84.8

78.3

80.2

81.5

81.5

81.7

81.6

81.9

82.4

Manufacturing

85.8

81.2

88.9

87.3

70.0

85.1

76.6

79.2

80.7

80.6

80.7

80.7

81.1

81.7

25.3
60.6

82.2
80.7

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

77.9
76.1

82.3
77.9

84.2
79.3

84.5
78.9

84.5
79.2

84.7
79.1

84.7
79.6

85.0
80.3

50.1
1.7
1.4
2.3

79.1
83.0
81.8
78.0

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73.8
76.8
71.7
71.0

77.1
87.0
78.5
77.1

79.7
86.4
84.1
79.4

79.4
85.5
84.9
80.1

79.8
87.8
86.0
80.3

79.8
88.4
85.6
79.7

80.5
89.2
85.8
80.9

81.4
89.6
86.6
80.7

3.1
1.9
0.1
1.2
0.0
0.1

79.8
79.4
79.0
80.7
71.9
89.3

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74.3
72.3
71.2
75.9
73.6
97.3

80.4
80.0
79.1
80.8
84.8
97.3

83.5
83.2
83.3
83.9
89.2
91.4

84.6
85.3
84.6
83.6
95.0
91.6

84.3
86.0
85.7
81.8
86.1
89.6

84.8
86.2
84.1
82.7
82.7
85.7

84.6
84.8
83.4
84.3
87.7
85.4

85.0
85.8
85.6
83.9

Item

,

SIC

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum

24
25
32

33
331,2
333-6,9
3331
3334

85.5

Fabricated metal products
34
Industrial and commercial
machinery and computer <Bquip. 35
Electrical machinery
36

5.2

77.2

87.8

83.9

62.9

82.0

71.7

75.0

77.4

77.0

77.8

77.6

77.4

78.1

10.2
9.7

80.9
80.3

96.4
87.8

92.1
89.4

64.9
71.1

83.7
84.9

73.0
76.8

80.8
80.6

87.1
83.3

87.5
83.3

89.1
84.4

89.5
84.9

90.3
85.6

91.1
86.0

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

74.8
75.4

83.8
93.4

372-6,9
38
39

10.5
5.3
2.5
5.2
3.4
1.3

75.8
82.2
75.7

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70.1
57.9
53.6
78.1
75.1
72.9

71.2
70.1
72.4
72.4
73.4
76.8

72.4
75.3
77.1
69.1
71.9
77.8

70.3
72.7
73.6
67.7
71.8
77.0

69.0
70.0
69.8
67.9
72.0
77.0

68.8
69.8
67.6
67.7
70.8
77.0

70.0
72.4
70.8
67.4
71.2
78.1

72.6
77.5
78.4
67.2
71.2
77.8

20
22
23
26
261-3
27

35.8
8.6
1.6
2.1
3.3
1.5
5.8

83.5
82.4
86.0
81.1
89.7
92.2
86.5

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80.4
80.8
78.7
74.6
86.0
90.2
78.4

82.0
81.5
88.7
78.0
88.0
90.6
77.3

82.2
80.7
91.2
77.7
91.2
93.0
77.2

82.3
80.9
91.4
77.7
92.8
94.4
76.9

82.0
80.8
91.8
77.4
90.9
91.8
76.4

82.0
81.0
91.4
77.0
91.9
92.4
75.7

82.0
81.0
90.4
76.1
91.5
92.2
75.8

82.1
81.4
90.8
75.6
91.0

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

9.2
0.7
0.4
1.2
3.0
0.3

79.9
85.5
84.8
85.3
83.6
81.9

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

78.5
75.5
77.3
84.2
78.5
75.4

81.1
84.1
85.6
90.5
81.7
84.4

81.3
85.7
87.3
89.6
83.3
87.4

81.7
86.7
89.8
89.9
82.4
86.4

81.3
85.0
87.2
88.7
83.5
86.3

81.1
85.6
91.2
88.7
83.5
86.5

81.0

81.4

85.7
91.8
83.5
87.7

93.6
83.0
89.0

10
12
13
138
14

6.7
0.4
1.2
4.5
0.6
0.6

87.4
77.9
87.2
88.2
72.7
84.0

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86.8
79.5
83.1
87.8
54.0
77.6

87.1
88.5
80.7
89.6
61.5
79.5

87.2
88.3
82.0
89.5
58.7
80.0

87.9
85.6
82.2
91.1
64.9
78.0

86.5
87.2
77.7
89.8
64.3
79.3

85.8
77.3
73.7
90.7
70.2
80.6

87.4
82.7
79.7
90.8
72.9
80.7

86.9
84.9
80.6
89.8
72.1
80.1

491,3pt
492,3pt

7.5
5.7
1.7

86.7
88.9
82.6

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.4
87.4
68.3

85.6
87.7
78.6

84.6
88.1
72.9

86.6
89.2
77.9

88.1
91.1
78.1

88.7
91.5
79.1

86.4
88.5
79.2

86.4
88.5
79.4

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

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

37
371

75.6

1. Series begins in 1977.
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, industrial and commercial machinery and computer equipment, electrical machinery, transportation equipment,
instruments, and miscellaneous manufactures.




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

SIC

Item

Percent change
Annual rate
December to December
1967- 1967- 19751992 1975 1992
Ave.
Ave.
Ave. 1988 1989 1990 1991 1992

Capacity indexes
Percent of 1987 output
1992
Oct.

1993
May

June

July

Aug.

Sep.

Oct.

Total industry

2.8

3.7

2.4

1.5

1.9

1.8

1.6

1.5

134.1

135.3

135.5

135.7

135.9

136.0

136.2

Manufacturing

3.2

3.9

2.9

2.0

2.4

2.1

1.8

1.8

136.4

137.8

138.0

138.3

138.5

138.7

138.9

126.5
141.1

127.1
142.9

127.2
143.2

127.3
143.4

127.4
143.7

127.5
144.0

127.6
144.2

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum

24
25
32

33
331,2
333-6,9
3331
3334

2.1
3.8

4.0
3.9

1.2
3.7

1.6
2.1

1.9
2.6

1.6
2.2

.9
2.2

.7
2.2

3.5
1.7
3.1
1.3

3.7
2.9
4.5
2.5

3.3
1.0
2.3
.7

2.0
1.1
2.7
.2

2.4
1.0
2.7
.4

2.0
.0
2.0
.4

1.9
-1.1
.5
-.4

2.1
.3
1.1
.0

142.4
112.4
128.0
125.5

144.1
112.7
128.9
125.5

144.4
112.8
129.1
125.5

144.6
112.8
129.2
125.5

144.9
112.9
129.4
125.5

145.1
112.9
129.5
125.5

145.4
113.0
129.6
125.5

-.1
-.9
-1.1
1.3
-.4
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.1
-1.8
-1.9
.1
-1.6
-.5

.8
1.3
1.3
.1
-.3
1.3

1.4
2.1
1.7
.2
2.4
1.2

.5
.8
-.2
.0
.3
.4

-.8
-1.4
-1.7
.1
.3
.6

-1.0
-1.4
-1.1
-.4
.0
.3

125.1
130.1
126.3
118.3
131.6
124.3

124.9
130.0
126.2
117.9
132.2
124.6

124.9
130.0
126.2
117.8
132.4
124.7

124.9
130.1
126.2
117.8
132.5
124.7

124.9
130.1
126.3
117.7
132.7
124.8

124.9
130.2
126.3
117.6
132.8
124.8

124.9
130.3
126.3
117.6
133.0
124.9

34
Fabricated metal products
Industrial and commercial
machinery and computer equip. 35
Electrical machinery
36

1.6

3.1

.8

.5

.5

.5

.0

.0

130.0

130.0

130.0

130.0

130.0

130.0

130.0

6.4
5.2

4.7
6.1

7.3
4.8

1.9
4.1

2.5
4.3

3.1
4.1

4.6
3.0

3.9
3.6

161.6
152.2

165.5
155.7

166.1
156.2

166.7
156.8

167.3
157.3

167.9
157.9

168.5
158.4

37
371

2.7
3.2

3.0
4.5

2.6
2.5

372-6,9
38
39

2.1
5.4
2.1

1.3
7.6
4.4

2.5
4.3
.9

2.2
2.3
-.8
2.2
2.5
1.7

3.0
3.2
2.0
2.7
2.9
1.4

1.5
1.8
-.1
1.2
2.2
1.9

1.9
2.9
.4
.8
1.9
1.5

2.2
4.4
4.8
.0
1.6
1.5

144.6
154.0
143.6
135.8
141.3
143.8

145.8
156.8
146.6
135.5
142.5
145.4

145.9
157.1
146.9
135.5
142.7
145.6

146.1
157.4
147.3
135.4
142.8
145.9

146.2
157.7
147.6
135.4
143.0
148.1

146.3
158.1
148.0
135.3
143.1
146.4

146.4
158.4
148.3
135.3
143.3
146.7

20
22
23
26
261-3
27

2.9
2.5
2.0
1.3
2.7
2.4
3.2

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.3
.8
.8
2.1
2.1
3.3

1.9
1.1
1.1
-.7
2.8
3.5
2.4

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.3
1.2
.2
2.6
2.8
2.7

1.6
1.4
.8
-.5
2.1
3.0
1.3

1.3
1.5
.5
-.6
1.3
1.9
.4

129.0
131.1
116.7
117.6
122.0
120.5
122.2

130.1
132.3
117.1
117.4
122.9
121.7
122.7

130.3
132.5
117.2
117.3
123.0
121.9
122.8

130.4
132.6
117.2
117.3
123.2
122.1
122.8

130.6
132.8
117.3
117.3
123.3
122.3
122.9

130.8
133.0
117.4
117.2
123.5
122.4
123.0

130.9
133.2
117.4
117.2
123.6
122.6
123.1

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

3.9
7.0
4.4
1.6
5.5
-3.2

6.8
12.7
9.7
4.2
8.6
-1.5

2.4
4.1
1.8
.3
4.0
-4.0

3.5
9.2
4.1
-2.1
2.8
-5.1

3.6
6.4
2.5
-.7
3.8
-3.4

2.9
2.5
.8
1.0
4.0
-3.1

2.6
2.6
2.4
-1.0
3.0
-1.0

2.5
1.5
6.3
-1.3
2.5
-.8

143.2
128.6
127.8
116.3
134.5
112.7

145.4
130.5
130.9
115.7
136.6
112.3

145.7
130.8
131.2
115.6
136.9
112.3

146.0
131.2
131.5
115.5
137.2
112.2

146.3
131.5
131.9
115.4
137.6
112.2

146.7
131.8
132.2
115.4
137.9
112.1

147.0
132.2
132.5
115.3
138.2
112.1

10
12
13
138
14

.0
1.4
2.6
-.6
.7
.9

-.1
.7
2.5
-1.0
.8
2.6

-4.3
.1
1.8
9.2
2.6
1.9
-.4
-7.0
.7 -25.9
.0
.8

-2.0
10.9
2.1
-4.2
-9.7
.3

-1.3
4.8
2.1
-2.9
-9.5
-.2

-.6
2.3
2.1
-1.6
-5.5
-.5

-1.0
1.3
1.2
-1.9
-8.2
-.1

112.1
189.9
128.7
103.4
134.5
117.6

111.5
191.7
129.7
102.3
127.9
117.6

111.4
192.0
129.9
102.2
127.0
117.6

111.4
192.3
130.0
102.0
126.0
117.5

111.3
192.6
130.2
101.9
125.1
117.5

111.2
192.9
130.4
101.7
124.2
117.5

111.2
193.2
130.5
101.6
123.3
117.5

491,3pt
492,3pt

3.1
4.2
.3

6.0
7.8
2.3

2.3
2.4
2.0

.7
1.0
.1

1.8
2.4
.0

1.0
1.3
.0

1.3
1.7
.0

131.6
128.3
144.0

132.5
129.4
144.0

132.6
129.6
144.0

132.8
129.7
144.0

132.9
129.9
144.0

133.0
130.0
144.0

133.1
130.2
144.0

Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

Mining
Metal mining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
Utilities
Electric
Gas
1. Series begins in 1977.




1.5
2.4
-.7

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1981
1982
1983
1984
1985

-.8
-2.0
1.9
2.0
.4

.3
2.1
.0
-.1
.7

.4
-.5
.8
1.0
.3

-.9
-.6
1.2
.6
.4

.7
-.6
1.1
.7
.2

.6
-.3
.6
.5
-.3

1.2
-.6
1.8
.4
-.3

-.1
-.5
1.4
.1
.5

-.5
-.7
1.7
-.1
.5

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

-1.1
-.3
.2
.0
.4

-.8
-.9
.5
-.6
1.0

1.5
-6.8
5.7
11.2
2.4

.4
-3.1
11.1
7.7
3.8

6.2
-6.0
17.8
4.0
.1

-8.5
-8.0
11.2
-3.4
1.2

1.9
-4.4
3.7
9.3
1.7

1986
1987
1988
1989
1990

.5
-.3
.3
.3
-.5

-.7
1.4
.2
-.5
.5

-.9
.4
.0
.9
.3

.2
.5
.8
.0
-.7

.0
.6
-.3
-.3
.7

-.5
.9
.0
-.3
.2

.5
.4
.6
-1.0
-.2

.2
.3
.6
.5
.3

.1
-.2
-.5
-.4
.0

.7
1.3
.3
-.4
-.5

.7
.1
.6
.4
-1.3

.6
.7
.6
.7
-.4

2.4
5.5
3.8
3.9
2.1

-3.4
8.1
3.0
.3
1.1

1.3
5.2
2.9
-4.4
1.6

5.8
6.5
3.0
-.2
-5.2

.9
4.9
4.4
1.5
.0

1991
1992
1993

-.2
-.2
.3

-1.1
.8
.5

-.7
.3
.2

.1
.7
.3

.8
.3
-.2

1.0
-.6
.2

.2
.8
.3

.1
-.2
.1

.7
-.4
.4

-.2
1.2
.8

-.1
.9

-.3
.5

-7.2
.8
5.5

.3
4.7
2.3

5.5
.8
2.4

.3
6.7

-1.8
2.3

Industrial
Production
1981
1982
1983
1984
1985

85.2
82.4
80.8
91.0
93.1

85.4
84.2
80.7
90.9
93.8

85.7
83.7
81.3
91.9
94.1

85.0
83.2
82.3
92.4
94.5

85.6
82.7
83.2
93.0
94.7

86.1
82.4
83.7
93.5
94.4

87.1
82.0
85.3
93.9
94.1

86.9
81.6
86.5
94.0
94.5

86.5
81.0
87.9
93.9
95.0

85.8
80.3
88.6
93.2
94.2

84.8
80.0
88.8
93.3
94.6

84.1
79.3
89.2
92.8
95.6

85.5
83.4
80.9
91.3
93.6

85.5
82.8
83.1
93.0
94.5

86.8
81.5
86.6
93.9
94.6

84.9
79.8
88.9
93.1
94.8

85.7
81.9
84.9
92.8
94.4

1986
1987
1988
1989
1990

96.1
96.5
103.2
106.6
105.5

95.5
97.9
103.4
106.2
106.1

94.6
98.2
103.4
107.1
106.4

94.8
98.8
104.3
107.1
105.7

94.7
99.4
104.0
106.7
106.5

94.3
100.3
104.0
106.4
106.7

94.8
100.6
104.6
105.3
106.5

94.9
100.9
105.2
105.8
106.8

95.0
100.7
104.7
105.4
106.8

95.6
102.1
105.0
105.0
106.3

96.3
102.2
105.6
105.4
105.0

96.8
102.8
106.3
106.1
104.5

95.4
97.5
103.3
106.6
106.0

94.6
99.5
104.1
106.7
106.3

94.9
100.8
104.8
105.5
106.7

96.2
102.3
105.6
105.5
105.3

95.3
100.0
104.4
106.0
106.0

1991
1992
1993

104.4
104.5
109.3

103.2
105.3
109.9

102.5
105.6
110.1

102.6
106.3
110.4

103.3
106.7
110.2

104.4
106.0
110.5

104.5
106.8
110.8

104.6
106.6
110.9

105.3
106.2
111.4

105.1
107.5
112.2

105.0
108.4

104.7
108.9

103.3
105.1
109.7

103.4
106.3
110.4

104.8
106.5
111.0

104.9
108.3

104.1
106.5

Capacity
1981
1982
1983
1984
1985

104.3
107.8
110.7
113.3
116.0

104.6
108.1
110.9
113.5
116.2

104.9
108.3
111.1
113.7
116.5

105.2
108.6
111.3
113.9
116.8

105.5
108.8
111.6
114.2
117.1

105.8
109.0
111.8
114.4
117.3

106.1
109.3
112.0
114.6
117.6

106.4
109.5
112.2
114.8
117.9

106.7
109.8
112.4
115.0
118.2

107.0
110.0
112.6
115.3
118.4

107.3
110.2
112.8
115.5
118.7

107.6
110.5
113.1
115.7
119.0

104.6
108.1
110.9
113.5
116.2

105.5
108.8
111.6
114.2
117.1

106.4
109.5
112.2
114.8
117.9

107.3
110.2
112.8
115.5
118.7

106.0
109.2
111.9
114.5
117.5

1986
1987
1988
1989
1990

119.2
121.6
124.0
125.8
128.2

119.4
121.8
124.1
126.0
128.4

119.6
122.0
124.3
126.2
128.6

119.8
122.2
124.4
126.4
128.8

120.0
122.4
124.6
126.6
129.0

120.2
122.6
124.7
126.8
129.2

120.4
122.8
124.9
127.0
129.4

120.6
123.0
125.0
127.2
129.6

120.8
123.2
125.2
127.4
129.8

121.0
123.4
125.3
127.6
129.9

121.2
123.6
125.5
127.8
130.1

121.4
123.8
125.6
128.0
130.3

119.4
121.8
124.1
126.0
128.4

120.0
122.4
124.6
126.6
129.0

120.6
123.0
125.0
127.2
129.6

121.2
123.6
125.5
127.8
130.1

120.3
122.7
124.8
126.9
129.3

1991
1992
1993

130.5
132.5
134.6

130.7
132.7
134.8

130.8
132.9
134.9

131.0
133.1
135.1

131.2
133.2
135.3

131.4
133.4
135.5

131.5
133.6
135.7

131.7
133.7
135.9

131.9
133.9
136.0

132.0
134.1
136.2

132.2
134.2

132.4
134.4

130.7
132.7
134.8

131.2
133.2
135.3

131.7
133.7
135.9

132.2
134.2

131.4
133.5

81.6
76.4
73.0
80.4
80.3

81.7
77.9
72.8
80.1
80.7

81.7
77.3
73.2
80.8
80.7

80.7
76.7
73.9
81.1
80.9

81.1
76.0
74.6
81.5
80.9

81.3
75.6
74.9
81.8
80.5

82.1
75.0
76.1
81.9
80.0

81.7
74.5
77.1
81.8
80.2

81.1
73.8
78.2
81.6
80.4

80.2
73.0
78.7
80.9
79.6

79.1
72.6
78.7
80.8
79.7

78.2
71.8
78.9
80.2
80.4

81.7
77.2
73.0
80.4
80.6

81.1
76.1
74.5
81.4
80.7

81.6
74.4
77.2
81.8
80.2

79.2
72.4
78.8
80.6
79.9

80.9
75.0
75.8
81.1
80.3

1986
1987
1988
1989
1990

80.6
79.3
83.2
84.8
82.3

79.9
80.3
83.3
84.3
82.6

79.1
80.5
83.2
84.8
82.8

79.1
80.8
83.8
84.7
82.1

78.9
81.2
83.5
84.3
82.5

78.4
81.8
83.4
83.9
82.6

78.7
81.9
83.8
82.9
82.3

78.7
82.0
84.2
83.2
82.4

78.7
81.8
83.6
82.7
82.3

79.1
82.7
83.8
82.3
81.8

79.4
82.7
84.2
82.4
80.7

79.8
83.1
84.6
82.8
80.2

79.9
80.1
83.2
84.6
82.6

78.8
81.3
83.6
84.3
82.4

78.7
81.9
83.9
82.9
82.4

79.4
82.8
84.2
82.5
80.9

79.2
81.5
83.7
83.6
82.1

1991
1992
1993

80.0
78.8
81.2

78.9
79.3
81.5

78.3
79.5
81.6

78.3
79.9
81.7

78.8
80.1
81.5

79.5
79.5
81.5

79.5
80.0
81.7

79.4
79.7
81.6

79.9
79.3
81.9

79.6
80.2
82.4

79.4
80.8

79.1
81.0

79.1
79.2
81.4

78.8
79.8
81.6

79.6
79.7
81.7

79.4
80.7

79.2
79.8

Utilization
1981
1982
1983
1984
1985

1. Quarterly pe rcent changes are at annual rates. Annual perc<3nt chan ges are calculated from annual average s.




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,
Percent
Change1
1981
1982
1983
1984
1985

-.5
-1.6
2.2
2.3
.1

.6
2.9
.4
.6
.6

.2
-.7
1.4
.9
.7

-.1
-1.0
1.0
.4
.3

.7
-.2
1.4
.5
.6

-.2
.0
.8
.6
-.5

.8
-.6
1.5
.4
-.2

-.6
-.6
1.3
.2
.8

-.5
-.6
2.2
-.1
.2

-1.1
-.9
.8
.0
-.7

-1.0
-.4
.5
.0
1.3

-1.4
-.5
.1
-.4
.1

2.9
-4.9
10.4
13.3
1.7

2.2
-2.8
13.8
6.9
5.1

1.4
-4.8
17.5
4.7
1.0

-10.6
-7.5
12.5
-.3
2.4

1.9
-4.6
5.6
10.4
2.6

1986
1987
1988
1989
1990

1.3
-.6
.2
.8
-.1

-.4
1.7
.1
-.9
.9

-1.0
.5
.2
.6
.4

.9
.4
.7
.2
-.9

.0
.7
-.1
-.5
.5

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

.6
.4
.5
-1.2
-.3

.5
.0
.4
.4
.5

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

.7
1.0
.1
-.5
-.6

.5
.4
.9
.3
-1.2

1.0
.6
.6
.2
-.5

4.6
6.3
3.6
4.3
3.7

.1
8.6
3.3
-.3
.2

3.5
5.6
3.0
-5.3
1.0

7.2
6.8
4.4
-1.3
-5.5

2.9
6.0
4.7
1.6
-.3

1991
1992
1993

-.6
-.2
.7

-1.1
.9
.5

-1.0
.6
.3

.7
.4
.6

.4
.5
-.1

1.1
-.5
.0

.2
.5
.3

.3
-.1
.1

1.0
-.2
.6

-.2
1.1
.9

-.2
.8

-.1
.3

-9.1
2.0
6.4

.9
5.3
3.4

6.3
1.1
2.3

1.2
6.5

-2.2
3.1

Industrial
Production
1981
1982
1983
1984
1985

80.0
76.6
76.2
87.1
89.9

80.5
78.8
76.5
87.6
90.4

80.6
78.2
77.6
88.3
91.1

80.5
77.4
78.3
88.7
91.4

81.0
77.3
79.4
89.1
92.0

80.9
77.2
80.0
89.7
91.5

81.5
76.8
81.2
90.1
91.3

81.1
76.4
82.3
90.3
92.0

80.6
75.9
84.1
90.2
92.3

79.7
75.2
84.7
90.2
91.6

78.9
74.9
85.1
90.2
92.8

77.9
74.5
85.2
89.8
92.8

80.4
77.9
76.8
87.7
90.5

80.8
77.3
79.3
89.2
91.6

81.1
76.4
82.5
90.2
91.9

78.8
74.9
85.0
90.1
92.4

80.3
76.6
80.9
89.3
91.6

1986
1987
1988
1989
1990

94.0
96.2
103.2
107.7
105.5

93.6
97.8
103.4
106.7
106.5

92.7
98.3
103.6
107.3
107.0

93.5
98.7
104.3
107.6
106.0

93.6
99.4
104.2
107.1
106.6

93.3
100.3
104.2
106.8
106.6

93.9
100.7
104.7
105.5
106.3

94.4
100.7
105.1
106.0
106.9

94.6
100.9
105.2
105.6
106.8

95.3
102.0
105.3
105.1
106.2

95.8
102.4
106.2
105.4
104.9

96.7
103.0
106.8
105.6
104.4

93.5
97.4
103.4
107.2
106.3

93.5
99.4
104.2
107.2
106.4

94.3
100.8
105.0
105.7
106.6

95.9
102.5
106.1
105.4
105.1

94.3
100.0
104.7
106.4
106.1

1991
1992
1993

103.8
104.5
109.9

102.6
105.4
110.5

101.6
106.1
110.8

102.2
106.5
111.4

102.7
107.1
111.3

103.8
106.5
111.3

104.0
107.1
111.6

104.3
107.0
111.8

105.2
106.8
112.5

105.0
108.0
113.5

104.8
108.9

104.6
109.2

102.7
105.3
110.4

102.9
106.7
111.3

104.5
107.0
112.0

104.8
108.7

103.7
106.9

Capacity
1981
1982
1983
1984
1985

100.2
103.9
106.7
109.4
113.1

100.5
104.2
106.9
109.7
113.4

100.9
104.4
107.2
110.0
113.8

101.2
104.6
107.4
110.3
114.2

101.5
104.9
107.6
110.6
114.6

101.8
105.1
107.8
110.9
115.0

102.1
105.3
108.0
111.2
115.3

102.4
105.6
108.3
111.5
115.7

102.7
105.8
108.5
111.8
116.1

103.0
106.0
108.7
112.1
116.5

103.3
106.3
108.9
112.4
116.9

103.7
106.5
109.1
112.7
117.2

100.5
104.2
106.9
109.7
113.4

101.5
104.9
107.6
110.6
114.6

102.4
105.6
108.3
111.5
115.7

103.3
106.3
108.9
112.4
116.9

101.9
105.2
107.9
111.1
115.2

1986
1987
1988
1989
1990

117.6
121.2
124.2
126.6
129.6

117.9
121.5
124.4
126.9
129.8

118.2
121.7
124.6
127.1
130.0

118.5
121.9
124.8
127.4
130.3

118.8
122.2
125.0
127.6
130.5

119.1
122.4
125.2
127.9
130.7

119.3
122.7
125.4
128.1
130.9

119.6
122.9
125.6
128.4
131.2

119.9
123.2
125.8
128.6
131.4

120.2
123.4
126.0
128.9
131.6

120.5
123.7
126.2
129.1
131.8

120.8
123.9
126.4
129.4
132.0

117.9
121.5
124.4
126.9
129.8

118.8
122.2
125.0
127.6
130.5

119.6
122.9
125.6
128.4
131.2

120.5
123.7
126.2
129.1
131.8

119.2
122.6
125.3
128.0
130.8

1991
1992
1993

132.2
134.6
137.0

132.4
134.8
137.2

132.6
135.0
137.4

132.8
135.2
137.6

133.0
135.4
137.8

133.2
135.6
138.0

133.4
135.8
138.3

133.6
136.0
138.5

133.8
136.2
138.7

134.0
136.4
138.9

134.2
136.6

134.4
136.8

132.4
134.8
137.2

133.0
135.4
137.8

133.6
136.0
138.5

134.2
136.6

133.3
135.7

79.8
73.7
71.4
79.6
79.5

80.0
75.6
71.5
79.9
79.7

79.9
74.9
72.4
80.3
80.0

79.6
74.0
73.0
80.4
80.0

79.8
73.7
73.8
80.6
80.3

79.5
73.5
74.2
80.9
79.6

79.9
72.9
75.2
81.0
79.2

79.1
72.3
76.0
80.9
79.5

78.5
71.7
77.5
80.7
79.5

77.4
70.9
77.9
80.5
78.6

76.4
70.5
78.1
80.3
79.4

75.1
70.0
78.0
79.7
79.2

79.9
74.7
71.8
79.9
79.8

79.6
73.7
73.7
80.6
80.0

79.2
72.3
76.2
80.9
79.4

76.3
70.5
78.0
80.2
79.1

78.8
72.8
74.9
80.4
79.5

1986
1987
1988
1989
1990

80.0
79.3
83.1
85.1
81.4

79.4
80.5
83.1
84.1
82.0

78.5
80.7
83.1
84.5
82.3

79.0
81.0
83.7
84.6
81.4

78.8
81.3
83.4
83.9
81.6

78.4
81.9
83.2
83.5
81.5

78.7
82.1
83.5
82.4
81.2

78.9
81.9
83.7
82.6
81.5

78.9
81.9
83.6
82.1
81.3

79.3
82.6
83.6
81.5
80.7

79.5
82.8
84.2
81.6
79.6

80.0
83.1
84.5
81.6
79.0

79.3
80.2
83.1
84.5
81.9

78.7
81.4
83.4
84.0
81.5

78.8
82.0
83.6
82.4
81.3

79.6
82.8
84.1
81.6
79.8

79.1
81.6
83.6
83.1
81.1

1991
1992
1993

78.5
77.6
80.3

77.5
78.2
80.5

76.6
78.6
80.6

77.0
78.8
80.9

77.2
79.1
80.7

77.9
78.6
80.6

77.9
78.9
80.7

78.0
78.7
80.7

78.6
78.4
81.1

78.4
79.2
81.7

78.0
79.7

77.9
79.8

77.5
78.1
80.5

77.4
78.8
80.8

78.2
78.7
80.9

78.1
79.6

77.8
78.8

Utilization
1981
1982
1983
1984
1985

1. Quarterly percent changes are at annual rates. Annual percent changes are calculated from annual averages.




11

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

Index. 1987 = 100
Seasonallvadiusted

Not seasonally adjusted

SIC

1987

1992

1993
Apr.

10
101
102-4,8,9
102

.33
.06
.28
.09

.51
.06
.44
.12

162.5
123.5
170.5
143.5

169.3
134.7
176.3
145.3

164.4
135.9
169.9
142.2

167.7
145.6
172.1
138.0

148.8
74.8
163.6
138.8

159.5

12

1.23

1.22

108.2

106.4

106.7

101.0

95.9

103.9

105.3

100.4

105.6

93.5

102.8

107.5

90.5
91.3
81.5
108.3
115.4
72.4

91.6
92.5
81.9
110.9
110.7
75.1

93.1
93.2
81.2
114.0
113.3
82.4

91.6
91.6
80.0
111.9
112.8
81.0

92.4
91.7
81.5
109.5
113.4
87.8

92.4
91.2
81.2
115.4
90.5

90.2
91.4
82.3
107.2
115.7
66.8

89.9
91.0
81.5
107.5
111.1
69.2

90.8
91.3
80.5
109.8
112.5
76.1

89.3
89.0
79.2
106.0
111.3
80.9

89.8
88.7
80.3
103.5
112.1
87.1

90.7
89.1
80.7

132
138

5.79
4.91
3.12
1.80
.29
.58

5.03
4.31
2.51
1.80
.30
.43

113.6
92.8

14

.67

.59

92.3

94.0

91.7

93.2

94.7

94.9

91.7

97.9

98.5

100.1

102.4

100.8

20
201

202
2021
2022
2023
2024
2026

8.80
1.00
.40
.28
.31
.02
.86
.01
.19
.17
.09
.39

8.76
1.07
.36
.32
.38
.01
.82
.01
.21
.15
.10
.34

106.7
116.5
96.4
121.2
139.9
85.5
101.0
110.3
120.4
90.0
120.0
91.8

106.7
114.6
97.2
119.0
134.6
84.2
102.6
112.3
119.8
96.4
121.5
92.4

107.1
120.3
99.4
124.8
144.6
92.5
102.7
115.3
120.3
94.7
119.9
93.4

107.2
116.2
98.6
123.0
134.2
85.5
103.7
112.4
121.1
98.5
120.1
93.5

107.6
117.6
100.1
122.0
137.8
86.9
101.5
107.6
119.4
91.5
121.3
92.4

107.7
117.7
99.6
117.5
143.4
80.8
100.9
102.5
120.2
91.5
118.3
91.6

102.2
114.5
91.1
122.4
139.0
85.8
108.3
126.0
124.6
106.5
128.4
96.0

104.3
112.8
96.9
111.7
136.0
79.2
110.8
119.2
124.1
112.9
137.7
97.0

109.2
121.0
104.8
115.1
149.4
87.4
110.9
105.1
125.1
106.7
152.5
96.4

108.6
111.8
99.3
107.3
134.0
77.5
105.4
86.3
118.0
98.0
147.6
93.2

114.1
119.7
105.5
116.1
143.2
82.5
99.3
80.0
115.7
80.1
142.2
90.3

114.8
120.3
103.6
120.2
144.3
80.8
95.0
81.0
116.5
72.7
120.2
88.8

203
204
205
206
207
208
2082,3
2086,7
209
2095

1.25
1.11
1.10
.62
.23
1.64
.54
.86
.99
.19

1.37
1.10
.93
.63
.26
1.62
.56
.84
.97
.16

121.1
106.4
92.2
103.8
120.3
104.0
109.1
101.9
102.7
86.9

119.2
104.2
91.6
101.8
121.3
107.0
122.4
99.8
103.9
100.4

122.9
104.0
92.1
104.3
123.7
104.9
113.8
103.3
101.4
83.9

122.1
104.8
93.3
105.2
120.7
104.0
110.9
103.7
104.1
97.0

122.2
106.4
91.8
105.8
125.4
104.1

122.4
107.0
92.8
104.5
126.1
104.1

119.2
104.9
96.5
93.4
122.2
113.8
126.9
110.6
101.5
74.8

124.5
103.2
100.5
92.5
113.2
111.6
121.6
114.9
107.1
75.2

149.2
110.9
102.1
110.6
124.5
110.4

103.1
105.1

110.7
102.7
89.1
88.6
117.9
107.9
128.9
97.8
101.1
89.6

142.3
109.1
101.2
101.1
120.4
113.7

102.6
105.3
93.0

108.6
101.7
86.1
89.9
118.9
103.8
116.5
96.8
96.4
76.0

117.9
113.1
92.4

113.8
108.6

21

1.03

.96

90.2

92.1

89.1

9.1.5

92.4

94.2

86.2

88.3

96.7

76.1

97.9

100.6

Textile mill products
22
Fabrics
221-4
Cotton and synthetic
221,2
Narrow fabrics
224
Knit goods
225
Knit garments
2253,4,7-9
Fabric finishing
226
Carpeting
227
Yarns and miscellaneous
228,9
Cotton and synthetic yarns 2281,2,4

1.85
.53
.45
.04
.45
.33
.17
.22
.48
.28

1.82
.52
.45
.04
.48
.35
.15
.20
.47
.26

104.2
104.6
104.9
102.2
113.3
114.8
91.6
94.6
104.5
99.1

106.9
103.7
104.2
103.0
113.2
114.6
93.0
108.8
108.8
106.1

107.1
108.0
109.5
101.9
114.3
116.1
93.2
105.4
105.6
101.2

107.7
108.3
109.4
102.1
112.8
114.3
97.4
107.2
105.4
101.4

107.3
107.6
108.4
100.4
112.0
113.3
96.1
106.5
107.0
103.1

106.1
103.9
104.0
100.2
113.5
115.4
91.0
102.4
108.1
102.9

106.2
108.3
108.2
102.3
113.2
110.1
93.2
100.3
104.6
100.2

109.6
107.7
107.9
102.2
114.8
117.2
96.9
108.5
111.6
111.3

111.7
109.5
110.4
103.8
125.8
129.3
95.8
108.7
108.0
104.2

104.0
99.8
99.8
97.9
114.6
117.9
86.5
111.6
101.4
95.6

111.3
108.8
110.4
100.8
122.7
130.7
98.8
107.7
109.4
106.1

110.1
103.8
104.8
100.6
126.2
132.8
92.0
105.2
110.6
105.7

Apparel products

23

2.33

2.02

92.0

91.2

91.1

90.7

90.3

89.2

88.9

90.5

93.2

89.4

93.0

92.0

24
241,2
241
243-5,9
243
2435,6
245

2.07
.85
.29
1.22
.72
.20
.18

1.87
.74
.21
1.14
.60
.16
.17

98.1
89.9
73.8
103.7
91.1
86.6
114.9

97.4
90.5
73.1
101.9
90.4
85.2
112.1

96.5
88.5
73.4
102.3
89.9
85.8
113.6

99.1
92.8
74.7
103.5
90.9
85.8
118.5

99.7
93.5
75.3
104.2
92.5
86.0
116.2

100.7
93.2
76.0
106.0
95.0
87.0
120.6

98.0
88.2
65.3
104.8
89.9
86.3
122.2

98.0
89.5
70.9
103.8
91.5
86.4
121.2

100.9
92.3
75.8
106.9
93.1
86.6
129.4

98.6
91.4
79.0
103.6
93.7
83.9
114.2

104.4
96.7
80.6
109.6
96.6
88.7
136.3

104.1
96.4
80.3
109.5
97.2
89.8
134.3

Item

;

Metal mining
Iron ore
Nonferrous ores
Copper
Coal mining
Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
Stone and earth minerals

Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
Tobacco products

Lumber and products
Logging and lumber
Logging
Lumber products
Millwork and plywood
Plywood
Manufactured homes




13
131

Mav

June

Julv

r

Aug/

Sep/

12

170.0

1993
Apr.

May

June

Julvr

Aug.1"

Sep/

165.2
129.8
172.3
143.3

172.1
144.5
177.7
149.8

169.3
148.7
173.5
145.4

166.4
151.2
169.4
138.6

153.7
76.5
169.1
140.5

161.6
172.3

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

.

Index. 1987 = 100
Seasonallvadiusted

Not seasonallvadiusted

SIC

1987

1992

1993
Apr.

25
251

1.47
.69

1.36
.65

108.8
110,0

108.4
108.9

109.5
110.4

111.1
110.8

110.7
108.7

111.1
108.7

107.0
109.7

106.3
109.3

111.3
113.7

106.6
101.0

116.2
114.0

117.1
113.8

26
261-3
261
262
263
265,7
265
267

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.71
1.73
.17
1.04
.52
1.98
.74
1.23

113.1
114.1
108.8
115.2
113.5
112.4
116.8
110.0

112.1
113.2
107.6
113.4
114.5
111.1
116.5
108.1

114.2
115.1
107.0
116.0
115.8
113.4
115.0
112.5

112.0
112.1

113.3
112.9

112.9
112.9

113.8
113.5

114.7
111.5
112.7
116.7
110.5

114.7
115.5
106.9
116.0
117.2
114.1
117.6
112.2

114.2
113.2

114.3
112.5
113.3
118.9
110.2

109.3
110.0
103.2
110.0
112.4
108.7
114.6
105.5

109.9
110.5

113.1
113.0
111.8
116.6
109.1

113.5
113.6
110.5
114.7
112.4
113.4
121.9
108.7

110.5
112.1
109.4
116.5
105.4

114.6
113.3
115.0
122.2
111.0

115.8
111.8
114.1
119.1
111.3

Printing and publishing
27
Newspapers
271
Periodicals, books, and cards 272,3,7
Job printing
274-6,8,9

6.51
1.76
1.79
2.97

5.81
1.36
1.67
2.78

95.6
82.1
100.3
101.0

94.7
81.1
99.5
99.9

94.5
80.4
100.4
98.7

93.8
79.9
99.2
98.8

93.1
79.2
97.8
98.5

93.2
78.7
99.4
98.0

93.0
82.5
101.1
94.3

93.0
81.7
98.9
96.2

96.1
80.7
99.2
103.3

96.3
74.6
98.4
107.8

98.8
77.7
97.2
112.1

98.8
81.1
97.0
110.4

Chemicals and products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nee
Acids and other

28

8.76

9.46

117.8

118.1

119.1

118.7

118.7

118.8

116.9

117.2

123.0

123.1

124.3

125.5

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.97
.98
.05
.11
.69
.41

118.0
127.0
112.1
114.8
129.1
128.1

119.3
127.6
108.3
106.8
131.5
131.8

120.7
128.5
106.9
116.9
131.2
132.5

119.3
126.3
106.3
108.3
130.6
135.7

120.6
125.5
110.6
118.1
127.8
137.3

119.6
125.3
104.0
110.5
129.7
137.4

120.2
128.2
110.2
116.5
130.3
129.5

118.5
126.9
105.5
110.3
129.9
126.8

122.0
130.9
107.7
119.4
134.1
136.6

118.6
124.7
109.7
108.2
128.0
132.6

119.9
127.4
110.6
113.3
131.5
142.8

122.1
127.3
105.4
112.0
132.2
141.7

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.66

114.5
114.2
111.9
116.2

114.1
111.8
114.2
119.2

116.2
113.4
117.8
120.4

114.2
111.5
114.7
119.9

116.6
112.6
120.3
121.3

114.7

113.1
111.5
112.8
118.7

117.6
114.1
121.4
121.0

113.4
110.7
115.3
119.8

114.7
111.1
118.0
120.4

117.5

113.3
120.8

117.8
116.3
116.6
118.1

116.0
123.2

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.95
2.47
1.54
.40
.53

116.5
137.7
104.2
91.8
130.2

115.9
136.8
104.1
92.4
129.2

116.4
135.5
106.8
92.1
129.2

117.3
138.0
105.6
91.2
130.3

116.1
139.0
101.3
90.6
129.8

117.1
139.9
103.0
90.2
128.2

112.5
130.5
100.1
98.9
134.6

114.8
134.9
101.5
100.6
130.4

123.3
145.1
110.5
105.9
128.9

126.2
150.4
113.6
98.3
127.3

127.3
154.6
110.0
99.5
127.8

127.8
157.4
109.8
95.2
129.3

Petroleum products
29
Petroleum refining and misc.
291,9
Miscellaneous petroleum products
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosene
Automotive gasoline
Paving and roofing materials
295

1.34
1.13
.23
.20
.05
.11
.54
.21

1.28
1.10
.22
.21
.05
.10
.53
.18

104.3
106.9
106.4
112.3
104.4
109.7
104.8
90.8

103.6
105.7
101.7
108.5
104.8
107.3
106.0
94.2

103.9
105.4
102.0
112.7
90.8
116.2
103.4
95.6

102.5
104.1
103.2
114.4
91.0
105.4
101.5
94.3

102.4
103.2
107.7
112.6
86.4
96.2
100.8
96.8

105.9
107.6
107.8
115.7
92.2
96.3
108.1
96.2

100.8
104.0
104.9
110.3
100.2
99.0
102.6
83.3

104.6
106.3
108.0
107.4
101.2
102.1
106.5
95.5

108.9
109.8
117.1
113.4
90.0
110.9
107.1
103.6

109.0
109.9
120.7
116.8
85.9
106.4
105.7
104.3

108.2
108.5
123.3
113.1
84.2
98.0
104.9
106.7

111.1
111.9
122.0
117.5
86.5
100.1
110.3
106.9

Rubber and plastics products
30
Tires
301
Other rubber products
302,5,6
Plastics products, nee
308

3.21
.40
.56
2.25

3.31
.45
.54
2.31

113.6
127.7
104.0
113.8

113.8
132.4
104.1
112.7

112.8
125.2
103.5
113.0

114.7
129.9
105.0
114.3

114.8
131.8
104.4
114.4

115.1
133.3
103.3
114.8

112.7
130.0
102.8
112.0

113.8
132.5
103.2
113.1

115.2
127.0
107.7
115.0

110.1
109.6
103.9
111.7

115.4
133.5
107.6
114.1

116.2
137.8
106.9
114.7

31
314

.32
.16

.28
.13

100.1
97.9

98.2
94.3

97.0
91.7

96.8
92.2

97.0
94.4

98.3
96.6

96.1
91.2

97.6
94.2

100.3
95.4

93.6
91.5

99.8
97.9

100.5
98.3

Stone, clay, and glass products 32
Pressed and blown glass
322
Glass containers
3221
Cement
324
Structural clay products
325
Concrete and miscellaneous
326-9

2.41
.37
.20
.17
.13
1.43

2.17
.35
.18
.14
.11
1.25

99.8
108.3
103.7
90.7
103.2
95.7

99.6
101.3
91.1
90.0
105.9
97.8

100.5
104.5
94.8
96.2
106.4
97.8

100.8
105.3
98.0
97.5
95.9
98.4

100.0
101.4
92.3
91.3
89.9
98.7

101.6
104.7
95.8

99.7
110.5
108.8
91.3
101.8
95.6

100.9
105.5
96.0
98.8
106.3
97.5

103.6
107.7
100.4
116.2
109.2
99.0

102.0
108.4
102.1
112.1
90.6
98.7

104.2
106.0
97.7
110.8
94.7
101.1

104.3
104.9
95.2

item
Furniture and fixtures
Household furniture
Paper and products
Pulp and paper
Wood pulp
Paper
Paperboard
Paper products
Paperboard containers
Converted paper products

Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes




May

June

r

Julv

Aug/

13

Sep/

1993
Apr.

Mav

June

Julvr

Aug/

Sep/

88.4
99.9

93.2
101.4

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion
in total IP
Item
Primary metals
iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
Raw steel

Index. 1987 = 100
Seasonally adjusted

Not seasonally adjusted

Sep/

1993
Apr.

May

June

Julvr

Aug/

Sep.r

SIC

1987

1992

1993
Apr.

33
331,2
331

3.33
1.93
1.48
.35
.20
.10

3.16
1.90
1.49
.34
.20
.10

104.4
108.4
111.8
103.2
107.6
102.6

104.2
108.1
111.7
106.0
111.1
105.1

105.7
110.9
115.3
105.9
110.1
106.8

105.3
111.9
116.6
106.6
110.0
108.2

106.0
112.2
117.2
106.2
110.0
106.2

105.7
110.5
114.7
105.6
109.2
105.3

106.4
110.8
114.5
104.9
109.0
106.2

104.8
108.9
112.6
106.2
111.0
107.1

107.3
112.7
116.5
105.5
109.5
107.2

102.9
110.0
115.1
105.5
110.2
104.6

104.6
110.2
115.3
105.2
109.7
103.6

107.6
112.8
117.0
105.9
109.9
104.8

1.15
.18
.12
.12
.05
.68
.41

114.5
110.3
96.6
118.9
97.2
120.6
97.0

113.5
105.9
95.0
119.9
92.0
120.9
95.8

118.2
112.2
103.5
126.0
97.7
123.8
96.0

119.8
103.2
106.8
126.8
111.9
127.2
96.5

120.7
112.9
104.2
124.9
101.5
127.9
95.5

117.5
109.1
105.4
125.8
99.8
122.9
96.7

117.4
113.8
103.5
118.9
98.6
123.3
98.8

114.5
113.3
96.8
121.6
98.4
119.1
96.9

119.9
115.7
102.3
127.7
106.3
124.9
100.2

118.1
90.2
100.1
130.2
117.6
128.6
93.1

118.4
111.1
99.4
128.8
105.1
124.3
93.5

120.4
114.8
103.9
131.5
99.9
125.7
98.8

May

June

Julv

r

Aua.

r

Steel mill products
Consumer durable steel
Equipment steel
Construction steel
Can and closure steel
Miscellaneous steel
Iron and steel foundries

332

1.13
.19
.14
.12
.06
.62
.45

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.40
.22
.03
.14

1.27
.24
.03
.16

98.9
118.3
126.9
113.9

98.9
118.2
118.0
114.0

98.5
121.0
125.8
114.2

96.3
108.6
114.1
111.8

97.4
109.3
109.8
106.9

99.2
117.5
116.5
106.6

100.3
118.6
123.2
113.9

99.1
117.6
114.9
114.4

100.0
118.3
122.7
114.4

93.1
106.2
109.1
111.2

96.9
107.7
112.1
106.1

100.4
117.2
120.5
105.7

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.99
.75
.24
.25

.82
.61
.22
.21

91.7
91.2
100.5
93.1

91.6
91.3
102.6
92.5

91.3
91.2
92.8
91.9

91.3
91.3
102.1
91.4

92.9
93.0
100.0
92.6

93.9
93.4
111.7
95.3

93.0
93.3
107.2
92.2

92.3
92.1
104.6
92.8

93.3
93.3
96.9
93.3

88.4
88.7
101.5
87.5

92.5
93.1
100.6
90.9

94.9
95.3
110.2
93.5

Fabricated metal products
34
Metal containers
341
Metal cans
3411
Hardware, tools, and cutlery
342
Hardware and tools
3423,5,9
Structural metal products
344
Other fabricated metal products 345-9
Fasteners, stampings, etc.
345-7

5.42
.30
.28
.58
.52
1.35
2.98
1.63

4.92
.31
.28
.50
.45
1.19
2.73
1.50

101.4
106.3
106.3
94.2
93.0
97.0
104.5
109.4

100.6
113.1
114.1
94.1
92.8
95.8
103.2
108.0

100.1
107.0
107.4
93.9
92.5
96.5
102.5
106.2

101.2
110.2
110.5
94.4
93.2
96.9
103.7
107.9

100.8
109.8
109.9
93.8
92.5
97.5
103.0
106.6

100.6
108.7

100.6
124.8
126.5
92.2
90.9
95.1
102.7
107.4

102.8
126.8
128.7
96.3
95.2
97.7
104.4
109.8

100.8
120.5
121.4
94.5
93.6
98.2
101.4
106.3

102.8
125.3
126.6
97.0
96.0
100.0
103.2
108.3

102.8
116.3

94.0
93.3
98.8
102.2
106.0

99.3
108.9
108.8
92.1
91.1
93.0
102.9
107.2

98.3
98.0
99.8
103.6
109.4

Industrial and commercial
machinery and computer equip. 35
Engines and turbines
351
Farm
352
Construction and allied
353
Metalworking
354
Special industry machinery
355
General industrial machinery
356
Bearings and gears
3562,6,8
Equipment
3561,3-5,7,9
Computer and office equip.
357
Service industry machines
358
Miscellaneous machinery
359

8.54
.51
.41
.82
1.00
.70
1.00
.32
.67
2.34
.83
.95

10.01
.51
.46
.78
1.02
.70
1.04
.29
.75
3.69
.79
1.02

142.8 144.2 145.4 148.5
115.8 112.3 112.6 114.6
135.7 132.6 136.7 137.1
111.5 111.4 112.1 114.9
118.5 118.3 118.2 120.0
111.9 113.2 113.9 115.6
116.4 114.9 116.8 117.7
101.6 100.0
98.7 101.7
123.5 122.0 125.5 125.4
209.5 216.5 221.0 226.5
112.2 113.4 108.2 111.3
125.6 124.5 123.6 127.0

149.8
112.0
141.8
114.0
119.0
117.7
116.3
100.3
123.9
232.0
111.4
126.0

151.6
117.3
143.5
116.3
117.9
118.8
114.9
98.1
123.0
236.7
112.7
126.3

138.0
111.9
137.5
109.2
113.9
111.3
114.0
100.0
120.6
198.8
111.5
120.7

142.2
111.5
137.0
111.2
114.9
112.8
113.2
99.6
119.8
210.2
118.3
121.7

150.0 151.5
111.1 113.6
136.9 124.3
112.7 113.8
121.4 123.8
113.8 111.9
119.1 118.6
98.9
97.9
128.8 128.5
230.4 234.2
118.8 119.6
127.5 133.2

157.1
109.5
131.3
112.9
126.3
114.9
118.3
96.9
128.6
253.1
116.4
135.7

155.4
115.4
133.3
115.0
125.8
116.2
119.1
97.2
129.5
244.1
117.6
133.9

Electrical machinery
Major electrical and parts
Electric distribution equip.
Household appliances
Cooking equipment
Refrigerators and freezers
Laundry
Miscellaneous
Electrical housewares
Appliances, nee

36
361,2
361
363
3631
3632
3633
3634,5,9
3634
3639

6.92
.97
.33
.54
.09
.10
.10
.24
.10
.09

7.79
.95
.30
.54
.08
.11
.10
.24
.10
.08

129.0
106.3
93.2
115.9
112.1
114.9
114.5
118.5
112.9
99.2

129.7
106.2
93.8
116.6
106.1
119.9
112.6
121.0
114.1
102.8

130.1
106.9
93.3
111.6
96.8
105.4
112.8
119.5
113.3
100.3

132.3
106.4
95.9
118.0
100.5
111.9
135.3
120.1
116.2
107.2

133.5
107.8
98.3
112.9
94.6
118.1
113.5
117.5
119.4
100.7

135.1
108.1
98.3
118.3
101.4
127.4
117.7
121.1
124.6
104.1

127.0
104.0
90.1
116.0
108.8
125.5
116.5
114.3
106.2
106.0

128.5
104.4
90.7
117.1
102.2
133.3
120.5
114.3
111.9
103.3

131.0
110.9
98.0
115.4
88.4
125.9
120.4
119.1
114.0
107.4

128.4
110.1
98.1
104.2
80.8
113.6
94.1
113.4
110.5
88.1

134.3
112.7
105.4
113.7
101.8
97.6
119.0
123.1
121.9
99.6

136.7
112.6
104.4
122.5
104.3
127.8
121.3
127.6
128.8
106.8

Audio and video equipment
Communicationequipment
Electronic components
Misc. electrical supplies
Storage batteries

365
366
367
369
3691

.22
1.44
2.23
.78
.12

.26
1.61
2.95
.82
.10

155.1
125.6
156.4
116.7
97.6

143.3
125.0
160.0
116.7
92.8

139.5
127.2
161.2
116.2
86.0

172.0
127.6
163.2
117.3
91.3

168.5
127.2
167.5
115.8
89.6

152.6
127.7
172.1
117.0
91.8

132.9
124.4
156.0
112.0
78.0

140.8
124.5
159.7
112.7
78.3

140.3
124.9
161.7
115.4
84.7

132.6
124.1
159.7
112.1
85.4

185.0
126.5
166.6
117.4
102.0

173.1
126.1
170.4
120.2
114.8

Transportation equipment
Motor vehicles and parts
Autos
Trucks and truck trailers
Trucks and buses
Consumer trucks
Business vehicles
Motor vehicle parts
Motor homes

37
371

3714
3716

9.90
4.79
1.62
1.22
1.13
.63
.51
1.91
.05

9.54
4.72
1.39
1.40
1.32
.75
.57
1.89
.04

106.9
120.4
102.6
148.9
150.9
155.9
144.9
118.0
94.9

105.5
118.1
98.4
146.2
147.8
150.9
144.0
117.7
90.7

102.6
114.3
95.0
138.4
139.7
142.3
136.4
115.8
91.4

100.8
110.1
88.9
133.4
133.6
138.6
127.4
113.7
97.1

100.6
110.2
81.7
141.6
142.9
146.7
138.2
114.6
100.1

102.4
114.5
85.7
149.5
150.8
153.9
147.0
116.9
97.4

107.1
122.1
104.7
152.0
154.1
158.6
148.6
117.8
121.9

109.5
127.4
111.4
161.6
163.8
167.4
159.4
120.0
94.0

108.5
126.3
109.8
162.3
164.9
168.8
160.0
118.2
92.1

88.1
86.8
58.1
91.2
89.4
91.3
87.1
108.2
97.4

99.8
110.7
82.6
143.8
144.8
148.5
140.2
113.8
97.7

103.6
117.6
88.4
157.3
158.6
163.3
152.9
117.6
95.3

372-6,9
372
373
374-6,9

5.11
2.95
.55
1.61

4.82
2.99
.49
1.34

94.2
98.5
92.2
87.1

93.7
96.9
91.9
88.2

91.8
95.3
90.6
85.6

92.0
95.5
91.1
85.8

91.6
94.9
91.2
85.5

91.2
94.3
90.8
85.5

93.1
97.1
92.3
86.0

92.8
96.3
91.6
86.8

91.7
95.4
89.9
85.6

89.3
91.9
89.6
84.4

89.6
92.6
89.1
84.2

90.4
93.5
89.6
85.0

Aerospace and miscellaneous
transportation equipment
Aircraft and parts
Ships and boats
Railroad and miscellaneous




14

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

n
~
~* Index. 1987=100
Seasonallvadiusted
Not seasonally adjusted
1993
r
r
Apr.
June Julvr Aua/
Mav
Mav June Julv Auq. Sep/

SIC

1987

1992

1993
Apr.

38
381-4
384

5.13
4.07
1.06

5.02
4.01
1.34

102.6
103.6
139.4

102.5
103.4
142.8

102.5
103.7
144.1

102.8
104.0
146.5

101.3
102.3
141.2

101.9
102.5
143.0

101.0
101.6
134.5

101.0
101.7
138.3

103.7
104.9
149.2

103.6
105.0
155.6

103.1
104.7
153.9

103.2
104.6
154.1

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.26
.65
.61

1.30
.66
.63

114.3
113.5
115.2

113.1
111.4
114.5

112.1
110.4
113.6

112.3
110.0
114.8

112.5
109.9
115.2

114.3
111.1
117.7

112.4
111.6
113.3

112.2
110.7
113.7

112.6
110.4
115.1

109.2
104.2
114.4

113.8
109.8
118.0

116.0
112.9
119.2

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.07
2.57
1.46
1.11

6.36
2.69
1.42
1.26

114.5
113.7
102.3
128.8

114.0
114.4
97.5
136.7

115.6
115.7
105.8
128.8

118.1
117.1
111.8
124.1

118.8
116.5
114.2
119.5

115.1
113.7

104.3
103.9
93.2
118.0

106.3
108.6
90.0
133.1

118.3
122.1
111.1
136.7

131.7
130.2
127.6
133.7

131.9
127.6
128.2
126.7

119.4
113.6

3.50
1.42
2.08
1.16
.92

3.67
1.46
2.21
1.23
.98

115.1
113.3
116.3
115.6
117.2

113.7
110.0
116.3
115.7
117.0

115.5
113.8
116.7
116.4
117.1

118.9
120.5
117.8
118.2
117.3

120.6
124.2
118.2
119.6
116.3

116.1

104.6
98.4
108.9
105.7
113.0

104.6
91.9
113.3
110.3
117.1

115.4
108.2
120.4
120.4
120.3

132.8
140.4
127.7
132.8
121.2

135.0
143.2
129.5
134.4
123.3

123.6

1.64
.56
.26
.56

1.74
.57
.27
.60

113.9
113.8
118.6
113.3

104.9
102.0
109.2
105.0

112.2
108.3
114.9
113.4

112.4
104.6
115.8
116.0

113.9

114.0

120.5
126.3
128.0
116.7

82.8
66.5
78.5
90.3

72.9
45.3
62.2
86.9

73.3
35.9
60.8
92.4

72.4

72.5

Q2

Q3r

1993
May

June

Julyr

Item
Instruments
Scientific and medical
Medical instruments

Sales
Residential
Nonresidential
Commercial and other
Industrial
Gas utilities
Residential
Commercial and other
Gas transmission

492,3pt

115.9

Sep/

123.1

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1987 dollars at annual rates, seasonally adjusted
1992
1987
1992
Q2
Item

Q3

Q4

1993
Q1

Sep/

Oct.P

1877.3 1892.5

1917.4

Aug/

1707.0

1806.4

1804.6

1803.1

1846.6

1875.1 1876.2 1882.4 1872.6

1873.2

1877.4

1314.6

1420.1

1417.3 1416.7

1457.3

1482.2 1480.3 1483.7 1477.9

1477.5

1479.0 1478.7 1493.3 1518.4

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

913.0
234.2
113.0
121.2
678.8

913.8
236.5
114.5
122.0
677.3

908.6
232.8
111.8
121.0
675.8

932.1
243.1
120.6
122.5
689.0

945.2
256.3
129.1
127.3
688.8

938.4
253.8
125.2
128.6
684.6

936.7
249.6
118.5
131.1
687.1

936.1
254.9
125.8
129.2
681.2

935.5
248.3
120.7
127.6
687.3

935.5
249.9
117.5
132.4
685.6

933.8
248.0
116.8
131.2
685.7

940.7
250.8
121.0
129.8
689.9

957.2
261.4
129.9
131.5
695.8

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

507.1
492.0
414.6
77.4

503.5
489.3
410.9
78.4

508.1
493.4
417.2
76.2

525.2
507.9
433.1
74.9

537.0
520.2
447.0
73.2

541.9
526.1
454.9
71.1

547.0
529.8
459.9
69.9

541.8
526.2
455.1
71.1

541.9
525.5
455.2
70.3

543.4
526.8
456.5
70.3

545.0
527.8
457.9
69.8

552.6
534.8
465.1
69.6

561.2
543.5
474.3
69.2

392.5
162.7
229.8
60.3

386.4
153.4
232.9
65.3

387.3
153.6
233.7
65.6

386.4
153.7
232.7
65.1

389.2
155.3
233.9
66.7

393.0
157.1
235.9
68.3

395.9
158.6
237.3
67.7

398.7
161.8
236.9
67.4

394.7
159.4
235.3
66.5

395.7
158.4
237.3
68.4

398.4
160.9
237.5
67.7

398.6
161.5
237.1
67.6

399.2
163.0
236.2
66.9

398.9
163.4
235.6
66.7

Products, total
Final products

Intermediate products
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1991
1992
1993
Three Months Earlier
1991
1992
1993
Six Months Earlier
1991
1992
1993

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

37.3
42.0
52.7

42.0
58.2
58.2

35.5
61.0
49.8

51.6
57.5
57.8

56.9
54.3
42.5

63.7
42.5
52.4

53.5
56.7
58.2

61.0
47.3
49.8

62.4
46.1
59.6

46.9
61.0

50.8
64.9

49.8
51.6

31.0
49.0
59.2

31.4
54.9
57.3

32.2
63.1
61.6

34.5
67.6
56.3

45.1
65.3
50.0

63.9
50.0
48.0

62.0
52.7
51.2

67.6
44.5
53.1

65.1
44.1
55.1

61.6
47.3

58.4
63.7

48.2
63.3

31.4
55.3
54.9

30.2
59.6
67.8

25.1
60.0
66.3

25.1
64.7
66.7

35.5
64.3
59.6

44.5
61.6
58.0

49.8
66.5
58.2

59.2
56.7
52.4

71.8
50.0
57.1

71.0
52.4

69.4
59.8

62.0
59.0

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

Tcibl© 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
index, 1987 = 100
Seasonal l v a d i u ~ s t e d ~ ~ ~
1993
May
June
Aug/
Sep.P
Apr.
Julv r

1987
Biilion
KWH

1993
Apr.

850.7

111.0

110.0

110.6

111.2

110.0

110.5

776.5
351.3
425.2
74.2

111.2
106.6
115.6
107.2

110.2
105.3
115.0
106.9

111.0
106.9
115.0
105.2

111.6
108.2
114.7
105.7

110.8
106.6
113.9
100.2

INDUSTRY GROUPS a n d SERIES
Metal m i n i n g
10
Iron ore
101
102
Copper ore

14.6
6.3
4.8

123.5
133.2
118.7

126.6
137.3
107.8

125.4
135.8
106.4

122.8
132.8
103.3

12

13.4

101.4

100.6

101.3

Oil a n d g a s e x t r a c t i o n
Crude oil and natural gas
Natural gas liquids

13
131
132

33.0
27.7
3.7

100.7
101.0
89.0

104.1
105.8
85.8

Stone and earth minerals
Crushed stone
Sand and gravel
Chemical and fertilizer materials

14
142
144
147

12.3
3.5
2.9
3.9

103.4
110.4
126.0
88.6

Foods
Meat products
Dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Coffee and miscellaneous

20
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

21

Not seasonally adjusted
May

June

Julv r

Auq. r

Sep.P

109.9

110.0

113.0

111.8

113.0

114.2

111.0
108.1
113.5
102.9

110.0
105.6
114.0
107.6

110.2
106.2
113.8
106.9

113.7
109.0
117.9
103.3

112.6
107.7
117.0
100.6

114.1
108.8
118.8
97.7

115.1
110.0
119.6
101.9

102.3
71.4
112.8

112.9
95.5
115.6

124.6
131.4
120.4

127.6
138.5
107.6

123.4
132.8
105.0

124.0
134.2
105.0

102,9
74.4
110.3

114.4
98.4
117.8

98.8

98.0

94.8

107.7

97.0

92.9

77.5

86.4

88.0

101.8
102.2
88.4

100.7
100.7
87.2

98.9
98.1
85.2

99.9
99.2
91.2

100.5
100.7
90.7

102.3
103.5
88.5

101.4
101.5
90.0

100.3
99.9
88.3

97.6
96.0
85.7

100.8
99.3
92.0

105.5
116.8
128.1
88.3

99.0
114.9
121.1
76.5

106.5
113.3
125.5
92.0

104.5
114.4
123.8
88.3

108.8
116.8
125.6
92.8

105.3
112.1
120.8
91.7

108.5
121.7
132.7
91.1

99.5
120.6
129.6
75.0

106.2
119.0
132.1
89.8

107.7
120.5
136.1
90.4

109.8
127.5
134.9
90.8

116.1
119.9
107.5
117.8
121.9
120.6
128.5
123.7
103.4
101.3

114.8
121.2
106.5
116.2
118.6
121.6
123.5
128.9
101.1
100.8

116.3
122.7
104.9
119.1
119.2
121.8
135.7
126.1
104.3
102.3

118.2
125.9
108.5
118.9
122.4
124.8
136.2
119.0
106.3
102.6

117.3
122.4
107.3
119.6
121.4
124.7
133.2
120.6
103.5
103.7

118.2
123.6
107.9
119.4
122.9
125.1
133.2
123.9
104.0
106.4

109.3
113.8
104.2
105.7
116.9
113.7
114.3
121.3
98.4
96.5

111.1
117.2
106.1
107.8
117.5
118.2
110.2
119.5
99.2
97.5

118.9
127.9
112.9
116.0
118.8
128.5
129.4
119.8
111.9
106.8

124.2
135.9
118.5
121.2
121.0
134.2
129.2
110.7
117.7
112.9

127.3
133.6
115.8
138.5
124.2
136.9
130.9
117.9
118.9
114.7

129.0
136.2
115.4
145.3
127.3
138.0
135.5
123.6
114.5
114.2

1.7

82.9

83.6

89.3

92.9

90.3

90.1

79.6

83.7

93.6

92.0

100.5

101.2

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

110.8
100.0
127.8
117.5
117.3
115.4

109.0
98.0
128.1
117.7
114.0
115.4

112.2
101.3
131.7
116.9
120.7
112.8

113.7
102.4
134.5
125.0
118.2
119.0

109.4
100.5
124.8
114.9
115.0
114.3

112.6
101.3
130.5
118.9
118.6
120.1

108.2
96.7
123.0
117.7
114.0
113.6

112.1
100.9
131.0
119.5
117.1
117.1

124.4
112.9
146.5
126.1
133.9
120.9

113.6
102.2
139.3
120.7
116.9
116.1

124.1
114.3
144.0
123.3
130.7
126.2

124.8
112.3
149.9
129.6
130.1
128.9

23
231,2
233

6.6
1.9
1.9

96.6
100.2
83.1

95.0
98.1
84.1

96.6
103.1
83.8

99.7
104.4
89.2

92.5
92.9
76.1

96.3
104.0
74.1

89.3
92.7
76.8

92.6
96.0
82.1

105.5
115.2
90.5

107.7
110.9
97.7

108.9
110.1
89.3

112.6
123.8
87.0

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

114.0
106.1
102.6

111.1
104.8
98.6

110.6
103.0
98.6

112.4
103.8
101.0

112.3
106.2
100.1

112.3
105.3
102.9

114.6
107.4
103.5

110.9
104.4
99.0

110.5
101.3
98.7

108.7
98.8
98.7

111.5
103.7
98.6

112.8
104.7
103.0

Furniture and fixtures
Household furniture

25
251

5.7
3.2

109.6
105.3

109.9
102.5

110.4
104.6

114.2
106.1

110.9
104.5

112.8
103.8

108.4
104.8

107.6
103.8

112.7
108.1

108.8
96.5

116.5
108.3

118.6
108.1

Paper a n d p r o d u c t s
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

116.1
107.8
111.1
136.0
118.0
118.9

114.1
113.1
109.1
126.2
112.2
118.6

113.3
115.2
106.4
136.6
114.3
117.1

115.0
108.8
108.2
139.9
111.6
119.0

115.6
101.8
110.7
137.0
112.2
114.8

117.6
106.9
114.6
138.8
110.0
118.0

116.0
107.2
112.0
132.0
116.4
117.4

113.1
109.3
108.7
125.0
110.0
117.9

114.4
111.0
107.1
137.6
116.6
121.0

114.8
107.9
108.5
136.3
113.7
119.3

117.5
102.1
112.5
137.3
116.1
120.1

118.4
107.9
113.2
138.8
115.0
124.1

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

128.0
114.9
130.9

125.2
111.0
129.1

125.1
115.0
127.7

127.5
114.0
130.3

126.0
112.4
129.5

127.8
114.2
130.1

119.8
107.6
122.1

120.5
107.2
124.2

130.1
119.6
131.9

139.5
125.8
141.8

142.5
126.2
146.6

143.4
126.5
146.4

28
281
2812
2819

146.2
61.8
14.1
29.1
10.9
18.2

117.5
120.0
126.9
129.5
110.8
142.9

114.0
117.2
116.9
127.6
105.3
144.4

115.3
117.6
123.5
126.5
108.9
139.0

113.3
112.2
125.5
114.1
104.0
120.3

110.0
105.8
127.3
101.9
103.6
100.4

111.5
109.5
123.9
107.7
104.4
109.4

116.3
119.2
127.7
128.9
108.6
143.4

114.8
119.4
121.6
132.4
106.9
150.5

116.9
117.8
124.2
126.1
107.3
139.4

114.7
111.4
127.8
111.7
105.0
116.4

112.9
107.8
126.6
102.4
105.2
100.4

113.7
110.1
124.6
106.1
102.5
108.7

Item

1987 SIC

Total
IVfAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining
___«„_»___,.

Coal m i n i n g

Tobacco products
Textile m i l l p r o d u c t s
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles
Apparel products
Men's outerwear
Women's outerwear

Chemicals and products
Basic chemicals
Alkalies and chlorine
Inorganic chemicals, nee
Acid and fertilizer materials
Nuclear materials, nondefense




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1987 = 100
Not seasonallvadiusted
~~
~

Seasonallvadiusted

1987 SIC

1987
Billion
KWH

1993
Apr.

May

C h e m i c a l s a n d P r o d u c t s (coot.)
Synthetic materials
282
Plastics materials
2821
Drugs and medicines
283
Soap and toiletries
284
Industrial organic chemicals
286
Agricultural chemicals
287

26.5
14.2
5.5
3.1
36.0
8.5

109.3
114.0
125.1
113.3
109.8
113.7

Petroleum products

29

40.1

Rubber and plastics products
Tires
Rubber products, nee
Plastics products, nee

30
301
306
308

Leather a n d p r o d u c t s
Shoes
S t o n e , clay, & g l a s s p r o d u c t s
Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

SepP

1993
Apr.

May

112.4
117.1
127.7
113.8
107.9
116.2

107.9
109.8
127.4
115.3
117.1
110.4

107.7
112.5
119.0
109.0
109.3
115.2

109.2

110.5

111.7

124.1
115.9
105.2
126.5

126.4
113.2
109.0
129.4

129.0
113.2
107.2
133.2

96.6
88.3

97.0
87.2

102.6
91.8

101.8
110.1
103.3
97.7
103.8
89.6

101.9
105.4
100.3
100.0
107.7
90.6

102.8
107.1
105.3
97.9
104.4
90.9

137.9
54.4
9.9
55.8
51.2
2.7

109.1
115.5
105.5
98.0
97.0
107.1

108.0
114.7
104.7
97.8
95.2
103.9

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

108.9
119.5
110.2
92.6
102.7
119.9

Industrial and commercial
m a c h i n e r y a n d c o m p u t e r equip>. 35
351
Engines and turbines
Farm
352
Construction and allied
353
354
Metalworking
Special industry
355
356
General industrial
357
Computer and office equip.
Service industry machines
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

Electrical m a c h i n e r y
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
TV and radio sets
Communicationequipment
Electronic components

36
361
362
363
364
365
366
367

Transportation equipment
Motor vehicles and parts
Aircraft and parts
Ships and boats
Instruments
Photographic equip. & supplies

June

Julv

Aug. "

Sep.P

104.5
107.4
116.6
111.4
106.0
110.8

112.9
114.6
125.2
121.3
111.0
111.5

113.8
122.4
137.7
124.9
113.9
112.0

115.4
119.1
141.8
123.0
111.4
115.3

112.4
114.2
142.6
122.7
120.7
111.9

107.7

110.0

113.2

113.6

116.4

115.7

129.8
111.5
107.5
135.4

125.1
110.9
104.4
128.6

125.2
113.3
104.5
128.2

129.5
121.9
109.4
132.1

126.6
113.7
107.9
129.7

132.6
123.5
111.3
135.2

133.7
119.8
111.1
138.1

95.1
84.6

99.6
89.1

97.7
87.2

96.7
88.5

102.8
93.8

99.9
91.1

102.8
94.5

105.1
95.7

102.7
104.6
102.2
100.7
108.7
90.6

99.5
98.9
100.2
94.7
103.9
91.3

103.8
102.2
106.2
99.8
106.3
93.7

100.8
105.2
102.6
96.2
103.4
88.2

104.0
104.4
102.6
106.6
107.8
90.5

106.0
108.6
107.2
105.9
107.3
92.4

104.5
104.4
104.4
106.0
108.9
92.0

104.2
102.6
103.3
101.9
107.2
93.8

106.7
105.2
107.7
105.8
109.6
95.9

111.1
118.8
105.6
102.0
96.9
105.5

108.2
113.1
106.7
98.4
95.6
105.6

108.1
112.7
106.4
94.6
97.2
105.6

108.5
113.4
107.2
95.6
97.1
105.0

109.4
117.0
107.9
95.1
96.4
106.6

109.1
114.7
105.9
97.9
97.9
103.2

110.5
116.7
109.7
100.1
97.2
107.7

107.0
110.1
102.1
98.1
98.2
102.1

107.5
112.6
102.7
93.8
97.3
106.4

107.7
112.7
108.7
95.1
94.7
109.1

107.9
121.8
109.7
96.8
102.5
115.1

105.4
119.6
108.2
92.3
96.4
113.4

108.5
122.9
111.3
101.1
103.0
118.5

107.9
123.6
110.6
99.0
101.0
117.0

108.2
122.3
112.9
98.0
104.0
115.2

107.1
120.2
108.5
92.4
99.6
118.6

106.8
120.6
107.5
96.8
99.0
116.8

108.9
125.2
111.5
94.7
100.2
120.1

109.8
127.3
112.0
101.9
104.0
115.4

110.9
126.8
114.9
98.9
105.5
116.2

113.0
126.5
118.0
101.4
107.0
118.5

110.5
110.7
127.8
94.5
123.8
107.1
109.4
96.7
135.6

109.0
111.2
130.0
87.7
120.1
108.9
108.6
99.2
131.2

109.5
113.4
128.8
95.4
119.7
108.4
111.5
96.0
132.5

111.9
111.2
127.9
95.6
124.2
110.0
111.5
97.9
134.7

108.7
105.6
137.3
93.5
121.7
111.6
110.3
90.2
134.7

111.5
116.3
125.9
94.3
121.4
114.0
109.8
96.7
133.6

106.7
110.7
128.5
90.3
119.1
103.7
107.5
91.3
128.8

107.4
109.7
127.9
87.7
117.0
104.6
106.9
96.5
130.6

113.4
118.3
128.6
97.9
123.0
111.1
115.2
99.5
139.5

115.3
113.0
123.0
99.8
128.3
114.1
115.2
101.3
144.2

115.1
112.1
132.5
97.3
129.0
119.1
115.5
97.4
144.7

118.1
117.6
134.2
100.8
129.3
121.7
116.6
100.0
144.2

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

104.9
75.6
110.3
90.3
99.5
129.3
80.0
115.6

103.0
76.5
110.4
87.0
97.0
126.5
83.5
111.9

103.4
75.9
112.9
89.5
98.2
127.2
81.7
114.7

103.7
77.5
110.5
90.6
98.9
129.9
84.7
114.5

104.3
78.8
111.7
89.9
98.1
126.9
88.4
113.0

104.7
79.4
112.4
91.9
95.7
133.4
85.3
113.1

101.8
73.9
109.4
89.4
99.9
123.3
76.6
112.0

101.8
74.0
109.8
88.9
96.5
124.0
81.9
110.6

107.4
79.4
115.9
95.0
102.4
129.7
86.7
118.3

108.5
79.1
114.7
90.9
99.8
133.8
92.2
121.0

110.3
84.5
115.0
93.7
97.0
134.8
95.0
120.0

111.7
84.6
115.6
96.5
101.9
141.6
92.2
121.2

37
371
372
373

38.3
21.9
10.1
2.1

99.3
95.2
99.3
106.8

98.0
92.1
100.8
99.3

97.7
92.2
99.4
98.0

99.1
93.0
102.2
99.2

97.6
92.0
95.8
99.8

99.0
93.8
98.0
104.0

97.1
93.9
95.8
105.3

99.8
95.3
98.1
98.2

103.1
98.8
102.2
100.7

101.0
93.0
107.3
99.9

104.2
98.3
103.1
102.3

105.0
99.5
105.2
104.0

38
386

13.1
1.7

106.4
97.2

109.4
101.1

110.2
106.4

112.0
103.3

108.5
97.8

113.9
106.1

103.0
95.7

106.7
100.6

114.2
106.9

120.0
108.4

117.8
104.1

121.5
110.5

39

4.6

115.9

115.1

117.1

124.3

119.6

123.4

111.8

112.5

119.9

127.5

129.2

132.0

832.5
765.4
85.3

110.1
110.4
122.1

109.0
109.5
119.3

109.4
110.1
122.8

111.2
110.6
122.8

110.3
109.6
118.5

110.9
110.1
119.9

108.9
109.3
120.8

108.7
109.7
116.3

112.2
112.7
119.9

111.6
111.2
124.2

113.4
112.6
121.2

114.4
114.0
117.4

June

Julv

Aug/

105.0
107.1
117.9
114.5
107.7
111.3

108.5
111.5
116.7
117.6
111.2
110.3

109.6
119.9
126.5
116.5
114.1
113.7

110.8

110.5

110.5

33.1
3.6
3.1
24.9

126.0
113.2
105.5
129.0

124.4
112.1
104.9
127.0

31
314

1.0
.4

99.0
88.6

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

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

33
331
332
333
3334
336

Fabricated metal p r o d u c t s
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings

item

Miscellaneous manufactures
SUPPLEMENTARY GROUPS
Total, excluding nuclear nondefense
Utility sales to industry
Industrial generation




~~~~"
1

r

r

17

Explanatory Note
The statistical release of Industrial Production and Capacity Utilization reports
measures of output, capacity, and capacity utilization in manufacturing, mining, and
the electric and gas utilities industries. It also includes survey data on the use of
electric power in manufacturing and mining. Data in the release are available on-line
on the day of issue through the Economic Bulletin Board of the Department of
Commerce. For information, call (202) 482-1986. Diskettes containing historical
data and the data published in this release are available from the Board of Governors
of the Federal Reserve System, Publications Services, (202) 452-3245.
Industrial

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in 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 SIC industries and major aggregates of these industries—for example,
durable and nondurable manufacturing, mining, and utilities.
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 of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals 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. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from the government agencies listed above; data of this type are used to estimate
monthly IP where possible and appropriate. When suitable data on physical product
are unavailable, estimates of output are based on either production-worker hours or
kilowatt hours. Data on hours worked by production workers are collected in the
monthly establishment survey conducted by the Bureau of Labor Statistics. The data
on kilowatt hours 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, whereas 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, in the "1987" column under
the heading "Proportion in total IP" 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, in the column headed by the most recent year under the heading
"Proportion in total IP"
Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1ARIMA
method, developed at Statistics Canada. The current seasonal factors are based on
data through October 1992. In some cases, series were preadjusted for the effects of
holidays or the business cycle before using X-l 1 ARIMA. The major market and
industry groups are seasonally adjusted directly; as a result, the seasonally adjusted
value of a given market or industry group may not be equal to an aggregation of its
seasonally adjusted components. The seasonally adjusted total index is calculated by




18

aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups.
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 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 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—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
revision to the index is described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204. The 1993 revision to the index is described in the Federal
Reserve Bulletin, vol. 79 (June 1993), pp. 590-605.
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 75 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 the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilization is described in the Federal Reserve
Bulletin, vol. 76 (June 1990), pp. 412-35, and the 1993 revision is described in the
Federal Reserve Bulletin, vol. 79 (June 1993), pp. 590-605.
Electric Power
Data on electric power (expressed in kilowatt hours) 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.