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OfGOkcT FEDERAL RESERVE statistical release G.17 (419) For release at 9:15 a.m. (EST) March 15,1994 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Industrial production rose 0.4 percent in February, following a gain of 0.5 percent in January. The California earthquake and bad weather slowed growth in both months in many manufacturing industries, while cold snaps boosted production at electric and gas utilities. The temperature, however, was not as abnormally cold in February as in January; as a result, the output at utilities fell back somewhat from its elevated January level. At 115.1 percent of its 1987 average, industrial production was 4.8 percent higher in February than it was a year earlier. The utilization of total industrial capacity edged up 0.1 percentage point, to 83.4 percent, which is 2.2 percentage points above the year-ago level but 1.4 percentage points below the 1988-89 peak. Market Groups The output of consumer goods advanced another 0.4 percent in February. Once again the gain was concentrated in the output of automotive products, which rose 5.3 percent. The production of other durable consumer goods declined 0.6 percent, and the output of nondurable consumer goods edged down 0.2 percent as residential use of electricity declined. (over) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted Industrial Production 1993 Nov/ Index, "1987=100 1994 Dec/ Jan/ Total index Previous estimates 112.8 112.8 114.0 113.9 114.6 114.4 115.1 .8 .8 1.0 .9 Major market groups: Products, total Consumer goods Business equipment Construction supplies Materials 112.1 109,7 139.7 99.5 113.9 113.0 110.1 141.9 101.3 115.5 113.6 110.5 143.4 101.0 116.1 114.0 111.0 144.7 100.3 116.7 .8 .4 1.4 .9 1.0 Major industry groups: Manufacturing Durable Nondurable Mining Utilities 114.0 118.0 109.1 96.9 116.1 115.4 120.1 109.5 97.2 116.5 115.6 120.7 109.4 98.1 120.7 116.3 121.8 109.6 98.9 119.1 1.0 1.5 .3 -1.1 1.0 Capacity Utilization Total industry Manufacturing Advanced processing Primary processing Mining Utilities Average 1967-93 1982 Low 1993 Nov.r Feb.P Percent chanqe 1994 Dec/ Jan/ Feb.P Feb. 93 to Feb. 94 .5 .5 .4 4.8 .8 .4 1.6 1.8 1.4 .5 .4 1.0 -.3 .6 .4 .4 1.0 -.8 .5 4.3 1.9 11.3 4.4 5.5 1.2 1.8 .3 .3 .3 .2 .5 -.1 .9 3.6 ,6 .9 .2 .8 -1.3 5.4 8.6 1.3 1.8 1,4 Capacity growth Percent of Capacity 1988-89 1993 1993 High Feb. Nov/ Dec/ 1994 Jan/ Feb.P Feb. 94 82.2 83.0 83.3 83.4 2.0 81.5 79.8 85.5 87.5 86.4 82.3 80.5 86.4 87.8 86.7 82,3 80.7 86.0 88.6 89.7 82.6 81.1 86.1 89.4 S8.4 2.3 2.8 1.1 -1.0 1.1 81.9 71.8 84^8 81.2 81.2 80.6 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 80.2 78.8 83.4 86.9 88.1 : Feb. m to The output of business equipment increased 1.0 percent for the second month in a row and was 11.3 percent higher than a year earlier. The growth in the production of information processing equipment and motor vehicles continued to be quite rapid. In contrast, the growth in the output of industrial and other equipment has flattefled so far this year; the production of commercial aircraft has continued to decline, as has the output of defense and space equipment. The output of construction supplies fell for a second month; construction activity continued to be affected by weather conditions. The production of industrial materials rose 0.5 percent, with strength most evident in durable materials, particularly semiconductors and other parts used to make motor vehicles and computers. The output of energy materials edged down following a 1.9 percent surge in January. Industry Groups Manufacturing output expanded 0.6 percent in February, following a 0.2 percent increase in January. Production by manufacturers of durable goods grew 0.9 percent, boosted by the continued strong growth in motor vehicles, computers, and related parts. Production by manufacturers of nondurable goods increased only 0.2 percent as rebounds in the paper and food processing industries were mostly offset by declines in textiles, apparel, leather goods, and chemicals and related products. The output at utilities, which had surged 3.6 percent in January, eased 1.3 percent because the weather in the latter half of February was more temperate than it was in January. The output at mines increased 0.8 percent, in part because of a strong gain in coal production. The utilization rate in manufacturing rose to 82.6 percent; the rate in advanced-processing industries increased 0.4 percentage point, and that in primary-processing industries inched up 0.1 percentage point. At 86.1 percent, the utilization rate for primary-processing industries is nearly 4 percentage points above its 1967-93 average but 3 percentage points below its 1988-89 high; the rate for the advanced-processing group is closer to its longer-run average. Among the products that have contributed to the above average rates are motor vehicles and parts, lumber, steel sheet, and computer parts. Rates remain noticeably below average for aluminum, aerospace and miscellaneous transportation equipment, foods, apparel, and printing and publishing. NOTICE Revised indexes of industrial production and rates of capacity utilization were published as a supplement to the G.17 (419) statistical release on February 4, 1994. Revised production statistics begin in 1991 and revised capacity utilization statistics begin in 1990. Points of information • The revisions to production primarily reflect the incorporation of more comprehensive monthly source data, a review of the production factor coefficients, and updated seasonal factors. • The revisions to capacity utilization 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 are available from the Board of Governors of the Federal Reserve System, Publications Services, at (202) 4$2-3245. Files containing the revised data and the text and tables from the release describing the revision are also available through the Economic Bulletin Board of the Department of Commerce—fQr information, call (202) 482-1986. • A release describing the revision and a document with printed tables of the revised estimates of series shown in the G.17 release are available upon written request to the Industrial Output Section, Mail Stop 82, Division of Research and Statistics, Board of Governors of the Federal Reserve Systelrri, Washington, DC 20551. 2 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Seasonally adjusted February data Industrial production indexes Twelve-month percent change Twelve-month percent change Manufacturing Total industry o -5 -5 -to -10 5 0 Nondurable manufacturing -4 -5 -5 h- -10 -10 1988 1990 1992 1994 1988 1990 1985 1994 Manufacturing Total industry Ratio scale, 1987 production = 100 1980 1992 Ratio scale, 1987 production = 100 1990 1980 3 1985 1990 Table 1A INDUSTRIAL PRODUCTION: MARKET GROUPS Proportion inTotailP Index. 1987=100 Seasonally Adjusted 1994 Oct. Nov/ Dec/ Jan/ Item 1987 1993 1993 Sep. Total index 100.0 100.0 111.3 111.9 112.8 114.0 59.5 44.8 59.2 45.6 110.6 113.1 111.2 113.8 112.1 114.6 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 Chemica 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 26.0 5.8 2.7 1.7 .8 .9 1.0 3.1 .9 .8 1.4 20.2 8.7 2.2 4.0 2.4 2.8 .7 2.1 108.5 108.7 106.7 104.1 75.4 153.9 111.1 110.4 126.4 102.4 106.4 108.4 105.9 93.3 124.1 103.2 115.3 108.0 118.2 109.2 112.7 113.8 114.9 85.2 166.4 111.9 111.8 130.4 104.1 106.3 108.2 105.9 93.3 122.6 104.0 114.6 111.3 115.9 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 19.6 16.0 7.8 3.8 4.0 2.5 1.3 1.8 2.9 .4 .2 119.8 136.3 160.6 234.8 113.2 129.8 126.5 119.1 73.7 89.7 120.7 14.7 5.9 8.8 13.6 5.1 8.5 40.5 Not seasonally adjusted 1994 Oct. Nov/ Dec/ Jan/ Feb.P 1993 Sep. 114.6 115.1 113.8 113.8 112.2 111.7 113.0 114.4 113.0 115.5 113.6 116.1 114.0 116.8 114.5 116.7 114.0 116.6 111.2 113.6 110.0 112.6 111.3 114.3 112.4 115.7 109.7 115.8 120.2 124.9 95.4 176.0 112.3 112.0 130.7 102.5 107.5 107.9 105.2 94.3 122.3 103.3 115.2 110.6 117.0 110.1 117.9 124.5 131.5 98.8 188.0 112.7 112.1 130.5 102.5 108.0 107.9 105.3 94.5 122.6 102.6 114.6 108.6 116.9 110.5 118.8 126.8 134.6 102.0 191.0 113.9 111.8 126.3 103.6 108.8 108.2 104.7 93.4 122.9 102.2 119.9 108.4 124.4 111.0 121.6 133.6 146.2 110.6 207.9 112.4 111.1 125.8 103.1 108.0 108.0 105.4 92.4 122.2 102.5 117.4 109.2 120.6 112.6 111.8 112.8 121.4 111.1 126.5 109.0 132.6 77.7 98.7 163.3 191.3 114.7 "116.5 114.2 116.8 134.1 139.2 106.2 107.0 108.2 110.5 112.6 109.1 113.3 112.0 97.7 95.9 136.2 124.5 101.7 102.3 103.2 97.6 108.6 110.7 101.2 92.5 108.3 115.7 118.2 123.2 94.7 172.6 109.8 113.5 128.0 103.3 111.8 106.2 104.8 94.0 118.3 102.3 110.5 113.4 109.4 107.1 106.6 105.6 105.7 82.0 146.8 105.3 107.4 113.5 98.7 109.5 107.3 100.2 91.4 116.1 103.5 137.7 112.3 147.5 110.1 112.7 119.8 125.5 95.8 177.1 110.1 106.5 122.3 95.8 104.4 109.4 100.0 87.4 115.3 102.0 160.7 106.9 181.5 110.6 121.4 132.5 144.9 111.0 203.6 111.7 111.6 131.8 103.1 105.7 107.5 101.0 90.0 114.1 103.4 141.2 104.9 155.2 120.4 137.7 162.0 241.8 112.5 136.1 139 6 119.4 72.7 86.5 123.4 121.8 139.7 164.5 248.6 113.0 141.5 150.5 119.3 72.5 82.9 130.4 123.3 141.9 167.6 256.1 114.8 142.8 154.9 120.8 71.7 82.3 141.1 124.1 143.4 170.7 263.3 114.2 145.0 161.0 120.6 70.8 82.4 141.0 125.2 144.7 172.4 270.5 114.5 149.5 172.3 119.9 70.3 87.4 141.0 122.6 140.2 165.5 245.0 116.2 132.4 131.0 122.9 73.2 92.8 129.6 123.6 141.3 166.4 251.6 113.2 147.0 158.6 118.8 73.2 94.2 136.9 121.3 138.3 162.2 239.4 112.5 141.2 147.5 117.5 73.3 95.0 123.7 120.5 137.3 163.0 242.4 114.2 129.5 126.0 116.8 73.9 94.1 108.4 120.4 138.2 164.2 249.5 11.0.8 139.2 150.8 116.4 71.3 86.6 117.6 123.1 142.2 167.2 259.3 113.5 149.3 172.7 119.8 70.3 82.5 132.8 103.0 97.8 106.4 103.5 98.6 106.7 104.3 99.5 107.5 105.4 101.3 108.1 105.9 101.0 109.1 105.5 100.3 109.1 107.6 101.1 111.9 106.2 101.4 109.4 103.6 98.6 106.9 102.2 95.6 106.6 102.1 93.8 107.6 102.3 96.0 106.4 40.8 112.2 112.8 113.9 115.5 116.1 116.7 112.7 113.5 113.9 114.1 115.4 117.5 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 21.3 4.2 8.3 8.9 3.1 9.2 1.1 2.0 4.0 2.1 10.2 6.5 3.3 116.5 112.6 126.0 110.4 111.7 113.6 103.1 112.7 117.1 114:i 103.1 98.4 112.3 117.5 116.0 127.0 110.3 112.9 114.1 104.0 113.2 117.2 115.1 103.0 98.2 112.6 119.1 120.4 127.5 111.6 114.7 115.3 103.7 115.2 119.1 114.9 103.1 97.6 113.8 121.5 126.0 128.7 113.5 117.4 116.9 102.1 115.6 120.3 120.2 103.2 97.5 114.3 122.3 126.2 130.8 113.4 116.2 115.7 102.3 113.5 121.0 115.6 105.1 99.2 116.6 123.2 128.1 132.3 113.5 116.5 116.3 102.1 116.7 120.7 115.8 105.0 99.5 115.8 117.7 114.2 125.7 112.6 113.2 115.2 104.2 113.5 119.4 115.2 101.4 96.9 110.3 118.9 118.8 127.1 112.2 112.7 116.6 106.7 114.2 118.2 121.4 100.7 96.6 108.9 119.3 121.6 128.0 111.1 113.8 115.0 101.9 116.2 119.5 112.9 102.7 98.2 111.7 119.9 121.7 130.9 110.0 113.5 111.3 94.1 112.0 117.3 109.2 105.5 99.4 117.6 118.8 120.5 130.0 108.7 113.3 114.7 102.5 115.2 118.8 113.3 109.6 102.8 123.1 122.9 128.4 132.1 112.7 119.0 117.3 103.5 119.0 122.1 114.7 107.5 102.0 118.1 Total excluding: Autos and trucks Motor vehicles and parts Computer and office equipment 97.2 95.2 97.7 97.0 94.8 95.3 111.2 111.1 108.3 111.5 111.3 108.8 112.2 111.8 109.6 113.3 112.8 110.6 113.8 113.3 111.0 113.9 113.4 111.4 113.7 113.5 110.6 113.0 112.7 110.5 111.7 111.3 109.2 111.6 111.2 108.5 112.3 111.9 109.7 113.3 112.7 111.0 Consumer goods excluding: Autos and trucks Energy 24.8 23.8 24.3 23.2 108.8 107.7 108.8 108.6 108.6 109.0 108.6 109.6 108.9 109.4 108.5 110.2 112.9 113.7 110.3 113t4 107.3 108.1 107.2 103.6 109.1 104.3 108.2 107.1 Business equipment excluding: Autos and trucks Computer and office equipment 12.2 11-3 14.8 12.2 137.2 119.8 137.5 120.2 138.7 121.3 140.8 122.7 141.9 123.2 142.4 123.6 141:0 122.6 139.9 122.8 137.5 121.3 138.3 119.6 137.1 119.5 139.6 122.5 Materials excluding: Energy 29.5 30.6 115.6 116.5 118.0 120.1 120.3 121.1 116.9 118.2 118.0 117.3 117.5 121.2 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 Feb.P SPECIAL AGGREGATES Table 1B INDUSTRIAL PRODUCTION: MARKET GROUPS Percent change "Seasonally adjusted a n n ual rate 1992 G4 -Hem. 1993 01 Tota^ index P r o d u c t s , total Final p r o d u c t s Consumer qoods 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 E q u i p m e n t , total Business equipment information processing & related Computer and office" industrial Transit Autos and trucks Other Defense a n d s p a c e equi Oi! and gas well drilling Manufactured homes intermediate p r o d u c t s Construction supplies Business supplies Materials Durabie Consumer parts Equipment parts Other Basic metals Nondurable Textile Paper Chemical Other Energy Primary Converted fuel 3.8 1.8 •1.3 •1.9 .9 .6 2.5 2.0 2.6 2.8 6.7 1.0 -1.4 1.6 1,3 3.3 2.9 6.1 6.4 .3 .8 -2.5 -2.5 -1.0 -.9 3.7 16.9 27.2 41.8 41.9 J 41.8 \ 5.6 8.4 13.5 9.1 4.9 .3 .0 -2.0 2.0 -3.5 -16.6 -27.8 -43.8 -8.4 4.9 9.5 33.5 3.7 30.5 67.7 123.5 126,2 -4.7 -6.6 -7.0 -7.9 -10.7 -14.2 - s 3.4 -15.0 | 1.6 21 -3.4 6.2 5.9 10.4 15.7 12.0 25,4 5 8 13.2 39.3 17 18.1 -10.6 -16.7 -10.0 -22.9 3.0 1.1 4^9 -.7 -1.4 -3 2 .9 4,6 3.9 -9.7 -2.8 -12.1 6.0 9.9 20.6 44.1 6.4 14.4 10.9 -10.6 -19.8 11.1 -12.5 -11.9 10.5 -8.9 -8.2 -20.2 4.1 5.9 3.0 3.8 3.4 4.1 10.6 -9.4 -.6 — .^ 4.2 4.5 4.6 -1.0 -2.8 2.1 4.1 15^3 31.4 4.4 -25.3 -28.3 15.3 -8.9 51.2 112.6 3.5 4.6 10.6 -.5 3,9 —3.1 -4,2 -.9 -4.5 -.1 -1.6 20.1 -8.3 10.0 14.0 15.2 35.5 .2 44.5 121.1 5.9 -9.3 22.1 -12.5 58.4 2.7 1.3 3.6 4.6 8.0 2.6 5.2 11.1 1.8 3.3 2.2 10.6 21 .b 8.7 7.6 10.4 4.4 2.1 10.3 2.6 3.8 — i 4.7 -3.2 11.2 2.8 .2 5.3 4.7 -1.0 8.2 .9 9.4 6.8 1.4 -10.2 -3'9 6.9 4.9 4.8 8.2 12.6 9.4 5.2 5.4 3.8 5,2 -1.3 3.6 2.5 -6.6 4.3 -2.7 21.5 1.4 29.5 4.1 -.8 .5 3.h o.3 3.6 6.8 A -1 l'.9 2 3 3.2 1.6 1.1 '1 O —o.£l 1.1 —. / 1.1 -.7 .5 —.7 .9 -1.8 -.1 1.1 1.4 1.6 2.8 .4 4.0 7.8 -.2 -.3 -4.1 5.7 1.3 1.6 1.9 3.0 1.6 .9 2.9 1.3 -1.0 -.8 8.2 .8 .9 1.0 1.0 1.4 .6 2.0 4.7 .9 .6 .1 1.7 -.1 -1.2 1.4 3.8 .4 1.1 1.6 1.0 -.3 1.8 1.6 -.2 .0 -.5 1.0 .6 .5 .7 9.6 6.2 12.6 5.2 -6.0 9.1 4.7 8.9 -1.4 -11.3 4.4 2.9 3.1 .7 3.9 4.1 1.6 4.4 3.4 5.4 -1.5 1.7 2.3 1.4 -1.5 .3 1.0 4.6 .1 -.2 .4 6.6 -1 3 3 5 8 2 -1.0 -1.0 .2 -1.8 .5 -3,3 1.9 1.7 2.1 1.0 1.5 2.8 5.8 13.5 18.7 16.8 20 7 4.6 -.9 1 -8.0 I -3.4 | 1.2 | -2.6 -6.5 -1.9 -5.0 .0 13 3 ias -11.3 -4.4 -2.1 1.0 -4.4 -2.8 -1.9 1.2 24.6 -.9 34.8 71 -3.0 -4.7 2.0 —2 -4.3 -7 -1.5 16.7 -4.8 23.0 -1.8 -2.1 _o ^. i o "L9 2.8 -.5 1.5 4.0 -.1 -1.4 .1 1.0 13.2 38.1 8.6 I -1.2 .3 -.4 4.6 _2 64 1.8 .5 3.9 4.5 -1.4 -10.1 16.0 1.2 -1.3 .4 8.7 12.0 —4.9 _ 7 -3.9 -7.0 -1.0 o -8.3 -14.6 -.6 .8 1.2 5.3 I4.D| :%\ Q -.1 -1.9 -1.8 -3.3 2.7 -1.0 ) 1.4 I 12.2 j — .xj -1.3 22.6 32.5 2.8 '5 -.6 -2.0 7.3 14.o -24 -2.8 -2.2 .0 2.3 -1.0 —.3 -3.2 -7.7 -3.6 14.9 | 1.4! 4.8 7.5 19.7 -.9 -12.4 4.3 4.5 10 R ' : .8 -9.6 -4,5 1.8 1.1 -7.0 2.0 1.7 2.6 ±eb,9i_ 1.8 10.5 2.9 -3.0 -3.6 -8.0 8.4 2.4 .7 -1.0 1.0 -1.3 r-eb. 93 to 4.8 2.3 6.5 9.9 33.9 4.2 _Q3___Q4!; _NQlse^s^naJh^diustejd_ 1992 1994 : Nov/ Dec, ebJ Jan. r 4.5 4.7 | i j 20.8 4.2 b.9 13.9 4 6 1.7 Q2 ^^s^ciiaily_adjijsted_ 1994 1993 Jan. Feb.P Nov. r -.6 2.5 2.5 2.5 8.0 11.3 18.1 33,0 4.2 4.8 25.9 8.5 13.0 10.5 18.3 .9 1.6 -1.1 3.7 4.4 3.3 1.1 1.8 5.5 -.9 -.9 3.4 6.6 1.7 3.6 5.0 2.3 1.0 3 3 2.8 1.2 -2.0 -.7 8.6 13.8 _/ -14 -.1 3.0 8.9 2.9 1.3 3.8 3.9 3.4 4.7 10.9 4.1 2.9 3.7 -1.8 3.6 5.9 2.6 .6 A -4.1 1.5 .6 .7 1.1 .7 .1.2 4.1 3.8 3.3 1.7 .7 2.6 S P E C I A L AGGREGATES Total e x c l u d i n g : Autos and trucks Motor vehicles and parts Computer and office equipment 3.9 3.6 3.0 Consumer goods excluding: Autos and trucks Energy 1.7 •1.5 3.9 -.9 -1.1 4.4 -.2 -1.8 4.4 Business equipment excluding: Autos and trucks Computer and office equipment 9.2 3.5 8.2 6.7 12.1 1.6 8.8 -1.6 7.9 7.6 .9 1.0 Materials excluding: Energy 6.9 8.7 4.9 3.4 10.7 1.3 4.3 -1.2 -1.3 -1.2 .0 .5 -2.7 -4.7 -.1 -4.2 1.5 1.1 -1.7 -1.2 .5 -1.4 1.8 2.6 10.0 4.0 -.6 3.1 7.1 Note—Percent changes shown in the first and last columns are based on seasonally adjusted data. Table 2A INDUSTRIAL PRODUCTION: INDUSTRY GROUPS Proportion in Total IP Nov/ Dec. r 1994 Jan. r Feb.P 1993 Sep. Not seasonally adjusted 1994 Oct. Jan. r Nov. r Dec. r 1987 1993 100.0 100.0 111.3 111.9 112.8 114.0 114.6 115.1 113.8 113.8 112.2 111.7 113.0 114.4 84.3 84.9 112.1 112.9 114.0 115.4 115.6 116.3 115.7 116.1 113.6 111.4 111.5 114.3 27.1 57.1 26.3 58.6 107.7 114.2 108.5 115.0 109.9 116.0 111.3 117.3 110.9 117.9 111.1 118.7 109.7 118.5 110.9 118.5 109.6 115.4 106.8 113.6 107.5 113.4 110.7 116.1 46.5 2,1 1.5 2.4 47.9 1.9 1.4 2.1 115.0 101.8 105.2 99.9 116.2 104.6 104.8 99.7 118.0 104.9 104.2 100.5 120.1 105.7 105.7 104.1 120.7 105.4 105.1 102.9 121.8 104.3 105.1 102.9 117.3 104.8 110.6 102.7 119.2 108.6 106.1 104.5 117.5 102.5 104.1 101.1 116.4 97.6 104.3 97.8 116.6 100.0 100.6 96.1 120.6 102.4 104.6 98.5 3.3 1.9 .1 1.4 5.4 3.2 .1.9 .1 1.3 4.9 107.3 112.4 105.9 100.3 99.6 106.1 113.3 107.2 96.2 100.7 109.8 114.4 106.2 103.5 102.1 112.8 118.9 110.9 104.4 102.9 110.9 114.6 102.0 105.8 103.6 111.4 115.6 102.8 105.6 104.0 108.4 113.8 104.8 101.0 101.5 107.0 114.2 107.9 97.1 102.3 108.6 113.7 104.0 101.7 102.1 106.8 111.8 104.1 100.0 101.6 108.7 112.0 102.5 104.2 98=9 114.3 119.0 106.2 107.8 102.4 8.5 2.3 6.9 11.1 4.7 8.0 148.4 234.8 130.9 150.3 241.8 131.4 152.0 248.6 132.1 155.8 256.1 134.2 157.5 263.3 135.2 159.3 270.5 136.1 152.9 245.0 132.8 152.6 251.6 133.7 148.3 239.4 133.8 150.4 242.4 134.0 150.8 249.5 132.8 156.4 259.3 135.6 372- 6 , 9 38 39 9.9 4.8 2.5 5.1 5.1 1.3 9.3 5.2 2.6 4.1 4.8 1.2 100.4 115.1 109.2 86.7 104.0 110.3 104.2 124.1 120.8 85.5 102.7 109.6 108.3 132.4 131.7 85.7 102.4 110.1 110.8 138.5 138.4 84.8 102.7 110.3 111.5 141.3 141.8 83.5 103.5 110.4 114.7 149.0 154.0 82.5 102.6 109.7 101.7 118.2 114.1 86.3 105.3 111.9 109.9 134.8 139.4 86.6 103.7 113.7 108.2 130.9 130.0 86.8 103.0 113.8 103.9 121.5 111.7 87.3 102.8 111.4 107.7 133.4 132.4 83.6 101.8 106.7 114.4 148.6 152.8 82.3 101.2 106.9 20 21 22 23 26 37.8 8.8 1.0 1.8 2.3 3.6 37.0 8.6 .8 1.8 2.0 3.7 108.5 109.0 85.4 106.6 92.1 111.4 108.8 109.0 86.4 107.7 92.1 112.7 109.1 108.4 83.3 108.0 92.6 114.5 109.5 108.6 83.5 107.0 92.8 115.8 109.4 108.0 84.3 107.4 91.9 113.7 109.6 109.0 82.9 106.8 91.1 116.1 113.6 116.1 91.5 110.6 94.9 112.2 112.3 114.9 97.2 112.3 93.7 115.9 108.7 108.9 82.3 106.2 93.6 113.7 105.3 105.9 65.8 97.1 92.2 109.6 105.3 103.0 86.1 101.2 88.1 115.2 106.7 103.9 85.6 105.6 89.6 118.3 27 28 29 30 31 6.5 8.8 1.3 3.2 .3 6.0 9.3 1.3 3.4 .2 101.1 118.3 105.3 116.7 83.5 101.6 117.8 108.2 116.5 83.9 101.7 118.8 107.8 117.8 83.5 101.7 119.3 106.7 119.5 84.7 102.2 119.8 106.8 119.8 84.1 102.1 119.3 106.9 119.6 83.3 107.3 124.7 109.9 117.6 85.2 104.8 119.2 109.6 119.1 85.8 101.6 116.5 109.7 117.7 85.6 99.0 114.1 105.9 116.9 85.0 96.6 115.0 99.7 117.7 82.3 97.5 116.0 99.3 119.7 81.7 10 12 13 14 8.0 .3 1.2 5.8 .7 7.0 .5 1.2 4.8 .6 97.4 159.4 104.4 92.6 94.5 98.0 175.8 104.4 92.6 94.1 96.9 168.5 101.1 91.8 98.2 97.2 176.9 104.7 90.9 97.9 98.1 176.9 104.0 92.1 99.9 98.9 175.8 110.0 92.0 99.2 97.5 162.8 107.5 91.3 100.5 99.5 169.9 108.5 93.5 99.9 99.4 168.9 103.8 94.5 99.7 98.1 168.4 99.9 94.2 93.6 98.5 169.1 104.4 94.8 84.5 99.2 179.5 113.8 93.0 85.7 491,3pt 492,3pt 7.7 6.1 1.6 8.1 6.3 1.7 116.2 115.8 118.0 114.9 113.7 119.1 116.1 115.2 119.4 116.5 115.5 120.0 120.7 119.2 126.3 119.1 117.6 124.5 109.8 119.4 74.3 103.7 107.2 90.8 111.3 108.0 123.5 128.6 116.9 171.7 143.6 125.6 210.1 131.5 116.8 186.0 79.5 81.9 79.7 80.2 111.9 108.6 112.2 109.2 112.9 110.2 114.0 111.3 114.1 111.4 114.3 111.9 115.5 112.0 114.9 112.2 112.5 110.0 110.8 107.7 110.2 107.6 112.3 110.2 10.1 5.3 4.8 4.5 0.3 11.0 5.9 5.2 4.8 0.3 12.0 6.6 5.4 5.1 0.3 12.5 6.8 5.7 5.5 0.3 12.8 7.0 5.9 5.5 0.3 13.9 7.6 6.3 6.0 0.3 10.7 5.5 5.1 4.8 0.3 12.3 6.6 5.7 5.4 0.3 12.0 6.6 5.4 5.1 0.3 10.8 6.0 4.8 4.5 0.3 11.6 6.4 5.3 5.0 0.3 12.8 7.0 5.7 5.4 0.3 SIC Total index Manufacturing Primary p r o c e s s i n g Advanced processing Durable Lumber and products Furniture and fixtures Stone, clay, and glass products 24 25 32 Primary meta s 33 Iron and steel 331,2 Raw steel 333- 6 , 9 Nonferrous 34 Fabricated metal products Industrial machinery and equipment 35 357 Computer and office equip. Electrical machinery 36 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 Metalmining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas SeasonallvAdiusted 1993 Sep. Item Transportation equipment Motor vehicles and parts Autos and I ght trucks Aerospace and misc. Instruments Miscellaneous Index, 1987=100 I Oct. Feb.P 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 plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, 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 1992Q4 to 1993Q4 Seasonally adjusteci annual rate 1993 Q2 Q3 Q4r Q1 Se 1993 Nov.r Dec.r adjusted 1994 Jan.r Feb.P Not seasonally adjusted 1993 1994 Nov/ Dec r Jan.r Feb.P Feb. 93 to Feb. 94 Total index 4.3 5.2 2.3 2.8 6.7 .8 1.0 .5 .4 -1.4 -.5 1.1 1.3 4.8 Manufacturing 5.0 6.0 3.3 2.4 8.3 1.0 1.2 .2 .6 -2.2 -1.9 .1 2.5 5.4 5.0 5.0 5.4 6.3 3.4 3.2 2.6 2.3 8.6 8.3 1.3 .8 1.2 1.2 -.4 .5 .2 .7 -1.2 -2.6 -2.5 -1.6 .7 -.2 2.9 2.3 4.4 5.8 7,8 5:2 5.6 5.1 9.2 -.4 7.5 -.7 4.2 -7.0 4.2 7.0 3.6 11.7 9.8 4.4 14.5 18.2 1.0 10.0 1.5 .2 -.5 .8 1.8 .7 1.4 3.6 .5 -.2 -.5 -1.1 .9 -1.1 .0 .0 -1.4 -5.6 -1.9 -3.2 -1.0 -4.8 .3 -3.3 .2 2.5 -3.6 -1.7 3.4 2.4 3.9 2.5 8.6 2.9 4.4 6.2 7.5 9.3 5.9 4.6 5.7 13.0 14.7 7.4 10.7 7.6 .2 1.4 5.2 -1.6 1.8 5.9 9.9 4.6 -.2 3.8 11.2 11.8 6.7 10.3 9.7 3.5 1.0 -1.0 7.6 1.4 2.7 3.9 4.5 .9 .8 -1.7 -3.6 -8.0 1.3 .7 .4 .9 .8 -.2 .5 1.5 -.5 -3.6 4.7 -.2 -1.7 -1.6 .1 -1.7 -.5 1.8 .2 -1.6 4.3 -2.7 5.1 6.2 3.6 3.4 3.5 4.0 3.8 -2.2 4.2 6.1 17:4 33.9 10.9 15.3 25.4 11.4 22.2 44.1 10.4 16.6 31.4 12.5 15.8 35.5 9.3 1.2 2.8 .5 2.5 3.0 1.5 1.1 2.8 .8 1.2 2.7 .7 -2.8 -4.9 .1 1.4 1.3 .2 .3 2.9 -.9 3.7 3.9 2.1 18.8 38.0 10.8 372-6,9 38 39 3.7 16.6 17.0 -10.7 -2.7 2.1 11.2 35.0 41.3 -11.4 -.6 3.0 -10.7 -11.5 -16.0 -9.7 -1.9 3.7 -16.1 -19.1 -29.7 -12.4 -2.9 -.8 38.8 91.4 124.8 -9.2 -5.2 2.6 3.9 6.7 9.0 .1 -.2 .5 2.3 4.6 5.1 -1.0 .3 .2 .6 2.0 2.4 -1.5 .7 .0 2.9 5.4 8.6 -1.2 -.8 -.6 -1.6 -2.9 -6.7 .3 -.6 .1 -3.9 -7.2 -14.1 .6 -.3 -2.0 3.7 9.8 18.5 -4.3 -1.0 -4.2 6.2 11.4 15.5 -1.6 -.5 .2 7.2 22.3 27.0 -11.3 -2.3 1.0 20 21 22 23 26 1.5 .5 -15.8 1.4 -1.8 5.7 2.1 1.3 -7.0 4.3 -1.1 8.7 2.2 -.7 -23.6 4.8 -2.0 10.3 .9 3.3 -4.4 -1.7 -2.1 -5.0 .8 -1.8 -26.1 -1.5 -2.0 9.6 .3 -.5 -3.6 .2 .6 1,5 .3 .1 .3 -.9 .1 1.2 -.1 -.5 1.0 .3 -.9 -1.8 .2 .9 -1.6 -.6 -.9 2.1 -3.2 -5.2 -15.3 -5.4 -.2 -1.8 -3.0 -2.8 -20.0 -8.5 -1.4 -3.7 .0 -2.7 30.8 4.2 -4.5 5,1 1.3 .9 -.6 4.3 1.7 2.7 1.3 -.2 -16.4 -.4 -3.3 5.0 27 28 29 30 31 1.2 2.3 2.5 4.8 -3.6 2.5 .7 -3.9 6.5 -.3 2.2 5.5 .4 2.9 -7.9 -1.9 2.8 -.1 6.8 -7.9 1.8 .2 14.5 3.0 2.1 .0 .9 -.3 1.1 -.5 .0 .4 -1.1 1.4 1.4 .5 .5 .1 .2 -.6 -.1 -.4 .1 -.1 -1.0 -3.1 -2.2 .0 -1.2 -.2 -2.6 -2.1 -3.4 -.7 -.7 -2.4 .8 -5.8 .6 -3.2 .9 .9 -.4 1.7 -.6 .8 3.4 2.7 4.5 -4.6 10 12 13 14 -.7 6.5 -3.2 -1.4 3.4 -2.8 9.1 -4.9 ^.1 3.4 .4 5.1 -2.6 1.8 -9.1 -2.9 -17.6 -12.7 .1 7.5 2.5 36.0 8.6 -3.1 13.2 -1.1 -4.2 -3.1 -1.0 4.3 .3 5.0 3.5 -.9 -.3 .9 .0 -.6 1.3 2.1 .8 -.6 5.8 .0 -.7 -.1 -.6 -4.3 1.0 -.2 -1.4 -.3 -3.8 -.3 -6.1 .4 .4 4.5 .7 -9.7 .7 6.2 8.9 -1.8 1.4 1.8 4.9 4.6 .5 4.4 491,3pt 492,3pt 1.1 .4 3.6 5.1 2.9 13.5 -6.4 -1.4 -22.7 12.6 11.7 16.1 -5.8 -10.4 13.3 1.0 1.3 .2 .3 .3 .6 3.6 3.2 5.3 -1.3 -1.3 -1.5 7.4 .8 36.1 15.5 8.2 39.0 11.7 7.5 22.4 -8.4 -7.0 -11.5 1.4 .9 3.1 4.2 3.5 4.3 5.1 4.4 1.5 3.9 .9 4.4 6.8 .6 .9 .9 1.1 .1 .0 .2 .4 -2.1 -2.0 -1.5 -2.1 -.5 -.1 1.9 2.4 4.2 3.7 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 machinery and equipment 35 Computer and office equip. 357 Electrical machinery 36 transportation equipment Motor vehicles and parts Autos and light trucks Aerospace and misc. Instruments Miscellaneous 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 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 Note—Percent changes shown in the first and last columns are based on seasonally adjusted data Table 3 CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES Percent of capacity, seasonally adjusted 1993 Proportion 19671993 Ave. 1973 High 19781980 High 1982 Low 19881989 High 19901991 Low 1993 Feb. 1993 Sep. Oct. Nov.r Dec.1" 1994 Jan.r Feb.P Total industry 100.0 81.9 89.2 87.3 71.8 84.8 78.1 81.2 81.4 81.7 82.2 83.0 83.3 83.4 Manufacturing 85.9 81.2 88.9 87.3 70.0 85.1 76.7 80.2 80.4 80.8 81.5 82.3 82.3 82.6 25.5 60.4 82.2 80.6 92.2 87.5 89.7 86.3 66.8 71.4 89.1 83.3 78.0 76.0 83.4 78.8 83.9 78.9 84.4 79.3 85.5 79.8 86.4 80.5 86.0 80.7 86.1 81.1 49.4 1.7 1.4 2.3 79.0 83.1 81.7 77.9 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 76.2 71.6 71.6 78.1 88.4 78.4 75.6 79.0 88.4 81.3 77.5 79.6 90.9 80.8 77.2 80.6 91.0 80.3 77.8 81.9 91.7 81.3 80.5 82.1 91.4 80.8 79.5 82.6 90.4 80.7 79.4 3.0 1.8 0.1 1.2 0.0 0.1 80.1 79.8 79.2 80.9 72.4 89.2 100.6 105.8 102.7 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 74.4 72.2 71.4 75.8 73.6 97.3 86.6 87.0 84.7 86.1 87.3 91.2 87.3 88.7 86.3 85.3 85.4 85.3 86.5 89.6 87.5 81.8 79.0 85.2 89.5 90.6 86.8 88.0 81.5 83.0 92.1 94.3 90.8 88.8 86.3 82.8 90.6 91.0 83.6 90.0 87.4 82.3 91.0 91.7 84.3 89.8 81.2 34 5.1 77.2 87.8 83.9 62.9 82.0 72.0 75.8 77.0 77.9 79.0 79.6 80.2 80.5 35 357 36 10.9 4.7 7.9 80.8 80.5 80.4 96.4 90.9 87.8 92.1 93.5 89.4 64.9 63.1 71.1 83.7 84.4 84.9 71.4 63.4 77.3 78.6 76.0 81.0 84.1 84.2 83.7 84.7 85.8 83.6 85.3 87.3 83.7 87.0 89.0 84.7 87.5 90.4 84.9 87.9 91.5 85.1 37 371 74.9 75.7 83.8 93.4 372-6,9 38 39 10.4 5.4 2.7 5.0 5.3 1-3 75.5 82.0 75.6 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 70.5 57.3 53.7 78.5 76.1 72.9 74.9 80.1 81.7 69.4 75.2 75.1 69.8 74.2 72.1 65.1 73.9 75.6 72.4 79.7 79.6 64.3 72.9 75.0 75.2 84.8 86.6 64.5 72.6 75.3 76.8 88.5 90.7 63.9 72.7 75.3 77.2 90.0 92.6 63.0 73.2 75.2 79.4 94.5 100.2 62.4 72.5 74.7 20 22 23 26 261-3 27 36.4 8.8 1.6 2.0 3.3 1.5 5.9 83.5 82.3 86.2 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 78.5 74.9 86.3 90.2 78.5 82.9 81.2 90.6 80.7 89.3 92.6 82.2 82.4 80.0 89.2 79.2 89.2 92.1 81.7 82.5 79.8 90.0 79.2 90.1 92.2 82.1 82.6 79.2 90.0 79.8 91.4 93.5 82.1 82.8 79.2 89.1 80.0 92.3 93.4 82.1 82.6 78.6 89.3 79.3 90.5 91.5 82.4 82.6 79.1 88.6 78.6 92.3 Chemicals and products 28 Plastics materials 2821 Synthetic fibers 2823,4 Petroleum products 29 Rubber and plastics products 30 Leather and products 31 9.4 0.8 0.4 1.1 3.3 0.2 80.0 85.5 84.8 85.5 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 79.4 75.3 76.6 84.5 78.3 76.4 80.0 85.6 87.3 89.8 83.5 82.8 80.9 84.6 84.9 91.0 83.7 80.9 80.4 84.4 82.6 93.6 83.3 81.6 81.0 85.2 84.8 93.3 84.0 81.5 81.1 89.2 82.3 92.3 85.0 82.9 81.3 80.8 88.0 92.5 85.0 82.6 92.6 84.7 82.1 10 12 13 138 14 6.6 0.5 1.2 4.3 0.5 0.6 87.4 78.3 87.0 88.3 72,5 83.9 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 80.0 82.9 87.8 53.0 77.9 86.9 87.9 81.7 89.0 60.6 80.8 87.7 82.9 80.6 91.1 72.9 80.4 88.4 91.3 80.5 91.3 70.8 80.1 87.5 87.4 77.9 90.6 68.5 83.5 87.8 91.7 80.6 89.9 68.5 83.3 88.6 91.6 80.0 91.2 69.1 85.0 89.4 90.8 84.5 91.2 73.6 84.4 491,3pt 492,3pt 7.6 5.8 1.7 86.7 88.8 82.5 95.6 99.0 93.2 88.3 88.3 93.6 76.2 78.7 70.8 92.6 94.8 85.5 83.1 86.3 68.3 88.1 89.4 83.8 86.7 88.1 81.9 85.6 86.5 82.7 86.4 87.5 82.9 86.7 87.6 83.3 89.7 90.3 87.7 88.4 89.0 86.4 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 Fabricated metal products Industrial machinery and equipment Computer and office equip Electrical machinery Transportation equipment Motor vehicles and parts Autos and Sight trucks1 Aerospace and misc. Instruments Miscellaneous Nondurable Foods Textile mill products Apparel products Paper and products Pulp and paper Printing and publishing Joining .. MetaFmining Coal mining Oil and gas extraction Oil and gas well drilling Stone and earth minerals Utilities Electric Gas 24 25 32 33 331,2 333-6,9 3331 ! 3334 82.3 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 Item SIC Percent change Annual rate December to December 1967- 1967- 19751993 1975 1993 Ave. Ave. Ave. 1989 1990 1991 1992 Capacity indexes Percent of 1987 output "1 i 1993 1993 Feb. 1993 Sep. Oct. Nov. Dec. 1994 Jan. Feb. Total industry 2.8 3.7 2.4 1.9 1.9 1.6 1.7 1.9 135.3 136.8 137.0 137.2 137.4 137.7 137.9 Manufacturing 3.2 3.9 2.9 2.4 2.1 1.9 2.0 2.2 137.7 139.5 139.7 140.0 140.2 140.5 140.8 2.1 3.8 4.0 3.9 1.2 3.7 1.9 2.6 1.7 2.2 1.1 2.2 1.0 2.4 1.1 2.7 127.6 142.5 128.4 144.7 128.5 145.0 128.6 145.4 128.7 145.7 128.9 146.0 129.0 146.4 . 3.4 1.7 3.0 1.4 3.7 2.9 4.5 2.5 3.3 1.1 2.3 .8 2.4 1.0 2.7 .4 2.0 .6 2.2 .7 1.8 .1 .6 .3 2.2 .3 .8 1.0 2.6 .7" 1.4 1.1 143.5 114.6 | 128.4 128.1 145.7 115.1 129.5 129.0 146.0 115.1 129.6 129.1 146.3 115.2 129.8 129.2 146.7 115.3 129.9 129.4 147:o 115.3 130.1 129.5 147.4 115.4 130.2 129.6 33 -\2 331,2 { -1.0 -1.2 333-6,9 1.2 3331 -.2 3334 1.4 1.7 .7 .3 3.6 1.8 5.2 -1.1 -1.8 -2.0 .1 -1.2 -.5 1.4 2.1 1.7 .2 2.4 1.2 .5 .8 -.2 .0 .3 .4 -1.1 -1.4 -1.7 -.7 .3 .6 -1.5 -2.4 -2.3 .0 4.1 ,3 -1.1 -1.8 -2.0 -.1 1.7 .5 123.7 122.9 128.0 | 126.7 124.2 122.7 117.7 117.6 137.4 138.7 124.5 124.8 122.7 126.5 122.5 117.6 138.9 124.9 122.6 126.3 122.3 117.6 139.0 124.9 122.5 126.1 122.1 117.6 139.2 125.0 122.4 126.0 122.0 117.6 139.3 125.0 122.4 126.0 122.0 117.5 139.4 125.0 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 34 1.5 3.1 .8 .5 .3 -.1 -.2 -.2 129.4 129.3 129.2 129.2 129.2 129.2 129.2 35 357 36 6.5 20.1 5.2 4.7 12.0 6.1 7.4 24.3 4.7 2.5 8.7 4.3 4.9 15.8 3.5 5.4 14.2 2.6 5.2 13.3 2.9 6.0 14.0 5.2 170.6 257.9 151.8 176.5 278.7 156.4 177.4 281.7 157.1 178.2 284.7 157.7 179.0 180.1 287.6 291.3 158.4 159,1 181.3 295.5 159.9 Transportation equipment 37 Motor vehicles and parts 371 1 Autos and light trucks ••* Aerospace and misc. 372-6,9 Instruments 38 Miscellaneous 39 2.6 3.1 3.0 4.5 2.4 2.5 1.9 5.2 2.1 1.3 7.6 4.4 2.3 4.0 1.0 3.0 3.2 2.0 2.7 2.9 1.4 .8 1.0 .7 .6. 1.2 1.6 .8 1.8 1.0 -.1 1.3 1.7 2.1 3.7 5.1 .5 1.4 1.7 1.2 3.5 3.5 -1.2 1.5 1.6 142.8 152.1 148.3 134.1 139.5 144.6 143.8 155.2 151.3 133.1 140.7 145.9 143.9 155.7 151.7 133.0 140.9 146.1 144.1 156.1 152.1 132.8 141.1 146.3 144.2 156.5 152.6 132.7 141.3 146.5 144.4 157.1 153.1 132.5 141.4 146.7 144.5 157.6 153.7 132.2 141.6 146.9 20 22 23 26 261-3 27 2.9 : 2.6 2.0 1.2 2.7 2.4 3.1 4.3 3:0 4.3 2.3 3.9 3.0 3.0 2.2 2.4 .9 .7 2.1 2.1 3.2 2.3 1.1 1.8 .5 2.8 2.3 3.1 2.1 1.4 1.6 .1 3.0 2.8 2.9 19 2.2 .9 -.6 2.4 3.0 1.5 1.7 2.5 1.0 -.8 1.7 1.9 .7 1.7 2.5 1.8 -.8 1.6 1.7 .7 130.5 134.4 118.3 116.8 123.8 121.2 123.2 131.8 136.3 119.6 116.3 124.9 122.4 123.7 132.0 136.6 119.7 116.2 125.1 122.6 123.7 132.1 132.3 136.9 ,137.2 119.9 120.1 116.1 116.0 125.3 125;4 122.8 123.0 123.8 123.9 132.5 137.5 120.3 116.0 125.6 123.1 124.0 132.7 137.8 120.5 115.9 125.8 123.3 124.1 28 Chemicals and products Plastics materials 2821 Synthetic fibers 2823,4 Petroleum products29 Rubber and plastics products 30 Leather and products; 31 3.8 6.8 4.5 1.5 5.5 -3.4 6.8 12.7 9.7 4.2 8:6 -1.5 2.4 4.0 2.0 .3 4.0 -4.3 3.6 6.4 2.5 -.7 3.8 -3.4 2.4 2.5 1.2 1.0 4.0 -3.5 2.9 2.4 2.8 -1,0 3.3 -3.5 2.6 1.5 6.6 -1.3 3.3 -3.6 2.3 2.9 3.9 -.5 3.0 -3.8 144.3 129.2 131.5 115.9 137.2 105.5 146.2 131.4 134.4 115.6 139.6 103.2 146.5 131.7 134.8 115.6 139.9 102.8 146.8 132.0 135.2 115.6 140.2 102.5 147.0 132.3 135.6 115.5 140.6 102.2 147.3 132.7 136.0 115.5 140.9 101.8 147.7 133.0 136.4 115.4 141.2 101.5 10 12 13 i 138 14 .0 1.4 2.5 -6 .3 .8 -.1 .7 2.5 .8 2.6 .1 -2.0 1.8 i 10.9 •2.1 2.5 -.4 -4.2 .1 -9.7 .0 .3 -1.3 4.8 2.1 -2.9 -9.5 -.2 -.5 1.9 2.1 -1.4 -5.5 -%5 -1.1 1.6 .9 -2.0 -8.2 -.1 -1.1 111.7 111.0 110.9 1.5 190.7 192.3 192.5 1.1 128.8 129.6 129.7 -2.1 i 102.9 101.6 101.5 -9.4 130.4 1-23.1 122.1 -.1 117.6 117.5 117.5 110.8 192.7 129.8 101.3 121.1 117.5 110.7 192.9 129.9 101.1 120.0 117.5 110.7 193.3 130.1 101.0 119.2 11.7,5 110.6 193.6 130.2 100.9 118.7 117.5 491,3pt | ;492,3pt 1 3.0 4.1 .3 6.0 7.8 2.3 1.5 2.4 -.7 ..7 1.0 .1 2.6 3.4 .0 1.2. 1.6 .0 1.2 1.5 .0 133.3 134.1 130.4 131.4 144.0 I 144.0 134.3 131.7 144.0 134.4 131.8 144.0 134.5 132.0 144.0 134.7 132.2 144.0 Fabricated metal products Industrial machinery and equipment Computer and office equip Electrical machinery 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 -i.o 1. Series begins in 1&77. 9 1:0 1.3 .0 134.2 131.5 144.0 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 Change 1 1982 ! 1983 1984 1985 1986 -2.0 1.9 2.0 .4 .5 2.1 .0 -.1 .7 -.7 -.5 .8 1.0 .3 -.9 -.6 1.2 .6 .4 .2 -.6 1.1 .7 .2 .0 -.3 .6 .5 -.3 -.5 -.6 1.8 .4 -.3 .5 -.5 1.4 .1 .5 .2 -.7 1.7 -.1 .5 .1 -.9 ,8 -.7 -.8 .7 -.3 .2 .0 .4 .7 -.9 .5 -.6 1.0 .6 -6.8 5.7 11.2 2.4 2.4 -3.1 11.1 7.7 3.8 -3.4 -6.0 17.8 4.0 .1 1.3 -8.0 11.2 -3.4 1.2 5.8 -4.4 3.7 9.3 1.7 .9 1987 1988 1989 1990 1991 -.3 .3 .3 -.5 -.4 1.4 .2 -.5 .5 -1.1 .4 .0 .9 .3 -.8 .5 .8 .0 -.7 .2 .6 -.3 -.3 .7 .9 .9 .0 -.3 .2 .9 .4 .6 -1.0 -.2 .2 .3 .6 .5 .3 .1 -.2 -.5 -.4 .0 .8 1.3 .3 -.4 -.5 -.2 .1 .6 .4 -1.3 -.2 .7 .6 .7 -.4 -.3 5.5 3.8 3.9 2.1 -7.8 8.1 3.0 .3 1.1 1.0 5.2 2.9 •^.4 1.6 5.7 6.5 3.0 -.2 -5.2 .3 4.9 4.4 1.5 .0 -1.8 1992 1993 1994 -.3 .2 .5 .8 .6 .4 .5 .1 .7 .4 .4 -.4 -.5 .3 .5 .4 -.3 .2 .1 .2 .9 .6 .7 .8 .6 1.0 .3 5.2 5.6 2.3 .6 2.8 6.4 6.7 2.3 4.1 82.4 80.8 91.0 93.1 96.1 84.2 80.7 90.9 93.8 95.5 83.7 81.3 91.9 94.1 94.6 83.2 82.3 92.4 94.5 94.8 82.7 83.2 93.0 94.7 94.7 82.4 83.7 93.5 94.4 94.3 82.0 85.3 93.9 94.1 94.8 81.6 86.5 94.0 94.5 94.9 81.0 87.9 93.9 95.0 95.0 80.3 88.6 93.2 94.2 95.6 80.0 88.8 93.3 94.6 96.3 79.3 89.2 92.8 95.6 96.8 83.4 80.9 91.3 93.6 95.4 82.8 83.1 93.0 94.5 94.6 81.5 86.6 93.9 94.6 94.9 79.8 88.9 93.1 94.8 96.2 81.9 84.9 92.8 94.4 95.3 1987 1988 1989 1990 1991 96.5 103.2 106.6 105.5 104.2 97.9 103.4 106.2 106.1 103.0 98.2 103.4 107.1 106.4 102.3 98.8 104.3 107.1 105.7 102.5 99.4 104.0 106.7 106.5 103.4 100.3 104.0 106.4 106.7 104.3 100.6 104.6 105.3 106.5 104.5 100.9 105.2 105.8 106.8 104.6 100.7 104.7 105.4 106.8 105.4 102.1 105.0 105.0 106.3 105.2 102.2 105.6 105.4 105.0 105.0 102.8 106.3 106.1 104.5 104.6 97.5 103.3 106.6 106.0 103.2 99.5 104.1 106.7 106.3 103.4 100.8 104.8 105.5 106.7 104.9 102.3 105.6 105.5 105.3 104.9 100.0 104.4 106.0 106.0 104.1 1992 1993 1994 104.3 109.2 114.6 105.2 109.9 115.1 105.6 110.0 106.4 110.5 106.8 110.0 106.2 110.4 106.8 110.9 106.5 111.1 106.6 111.3 107.5 111.9 108.3 112.8 109.0 114.0 105.0 109.7 106.5 110.3 106.6 111.1 108.3 112.9 106.5 110.9 Capacity 1982 1983 1984 1985 1986 107.8 110.7 113.3 116.0 119.2 108.1 110.9 113.5 116.2 119.4 108.3 111.1 113.7 116.5 119.6 108.6 111.3 113.9 116.8 119.8 108.8 111.6 114.2 117.1 120.0 109.0 111.8 114.4 117.3 120.2 109.3 112.0 114.6 117.6 120.4 109.5 112.2 114.8 117.9 120.6 109.8 112.4 115.0 118.2 120.8 110.0 112.6 115.3 118.4 121.0 110.2 112.8 115.5 118.7 121.2 110.5 113.1 115.7 119.0 121.4 108.1 110.9 113.5 116.2 119.4 108.8 111.6 114.2 117.1 120.0 109.5 112.2 114.8 117.9 120.6 110.2 112.8 115.5 118.7 121.2 109.2 111.9 114.5 117.5 120.3 1987 1988 1989 1990 1991 121.6 124.0 125.8 128.2 130.6 121.8 124.1 126.0 128.4 130.8 122.0 124.3 126.2 128.6 131.0 122.2 124.4 126.4 128.8 131.1 122.4 124.6 126.6 129.0 131.3 122.6 124.7 126.8 129.2 131.5 122.8 124.9 127.0 129.4 131.7 123.0 125.0 127.2 129.6 131.8 123.2 125.2 127.4 129.8 132.0 123.4 125.3 127.6 130.0 132.2 123.6 125.5 127.8 130.2 132.4 123.8 125.6 128.0 130.4 132.6 121.8 124.1 126.0 128.4 130.8 122.4 124.6 126.6 129.0 131.3 123.0 125.0 127.2 129.6 131.8 123.6 125.5 127.8 130.2 132.4 122.7 124.8 126.9 129.3 131.6 1992 1993 1994 132.7 135.0 137.7 132.9 135.3 137.9 133.1 135.5 133.3 135.7 133.5 135.9 133.7 136.1 133.9 136.3 134.1 136.5 134.3 136.8 134.5 137.0 134.6 137.2 134.8 137.4 132.9 135.3 133.5 135.9 134.1 136.5 134.6 137.2 133.8 136.2 76.4 73.0 80.4 80.3 80.6 77.9 72.8 80.1 80.7 79.9 77.3 73.2 80.8 80.7 79.1 76.7 73.9 81.1 80.9 79.1 76.0 74.6 81.5 80.9 78.9 75.6 74.9 81.8 80.5 78.4 75.0 76.1 81.9 80.0 78.7 74.5 77.1 81.8 80.2 78.7 73.8 78.2 81.6 80.4 78.7 73.0 78.7 80.9 79.6 79.1 72.6 78.7 80.8 79.7 79.4 71.8 78.9 80.2 80.4 79.8 77.2 73.0 80.4 80.6 79.9 76.1 74.5 81.4 80.7 78.8 74.4 77.2 81.8 80.2 78.7 72.4 78.8 80.6 79.9 79.4 75.0 75.8 81.1 80.3 79.2 1987 1988 1989 1990 1991 79.3 83.2 84.8 82.3 79.8 80.3 83.3 84.3 82.6 78.8 80.5 83.2 84.8 82.7 78.1 80.8 83.8 84.7 82.1 78.2 81.2 83.5 84.3 82.5 78.7 81.8 83.4 83.9 82.5 79.3 81.9 83.8 82.9 82.3 79.4 82.0 84.2 83.2 82.4 79.4 81.8 83.6 82.7 82.3 79.9 82.7 83.8 82.3 81.8 79.6 82.7 84.2 82.4 80.6 79.3 83.1 84.6 82.8 80.2 78.9 80.1 83.2 84.6 82.5 78.9 81.3 83.6 84.3 82.4 78.8 81.9 83.9 82.9 82.3 79.5 82.8 84.2 82.5 80.9 79.3 81.5 83.7 83.6 82.0 79.1 1992 1993 1994 78.6 80.9 83.3 79.1 81.2 83.4 79.4 81.2 79.8 81.4 80.0 81.0 79.5 81.1 79.8 81.3 79.4 81.4 79.4 81.4 80.0 81.7 80.4 82.2 80.8 83.0 79.0 81.1 79.8 81.2 79.5 81.4 80.4 82.3 79.7 81.5 Industrial Production 1982 1983 1984 I 1985 | 1986 Utilization 1982 1983 1984 1985 1986 1. Quarterly percent changes are at annual rates. Annual percent changes are calculated from annual averages 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 1982 1983 1984 1985 1986 -1.6 2.2 2.3 .1 1.3 2.9 .4 .6 .6 -.4 -.7 1.4 .9 .7 -1.0 -1.0 1.0 .4 .3 .9 -.2 1.4 .5 .6 .0 .0 .8 .6 -.5 -.3 -.6 1.5 .4 -.2 .6 -.6 1.3 .2 .8 .5 -.6 2.2 -.1 .2 .3 -.9 .8 .0 -.7 .7 -.4 .5 ,0 1.3 .5 -.5 .1 -A .1 1.0 -4.9 10.4 13.3 1.7 4.6 -2.8 13.8 6.9 5.1 .1 -4.8 17.5 4.7 1.0 3.5 -7.5 12.5 -.3 2.4 7.2 -4.6 5.6 10.4 2.6 2.9 1987 1988 1989 1990 1991 -.6 .2 .8 -.1 -.7 1.7 .1 -.9 .9 -1'.1 .5 .2 .6 .4 -.9 .4 .7 .2 -.9 .3 .7 -.1 -.5 .5 .8 .9 .0 -.2 .0 1.0 .4 .5 -1.2 -.3 ,3 .0 .4 .4 .5 .2 .2 .0 -.4 -.1 .9 1.0 .1 -.5 -.6 -•2 .4 .9 .3 -1.2 -.3 .6 .6 .2 -.5 .0 6.3 3,6 4.3 3.7 -9.1 8.6 3.3 -.3 .2 .8 5.6 3.0 -5.3 1;0 6.9 6.8 4.4 -1.3 -5;5 1.1 6.0 4.7 1.6 -.3 -2.2 -A .9 .4 .6 .5 .2 .7 .7 .4 -.2 -.4 .1 .4 .4 -.1 .5 ;2 .1 .1 .3 .9 .7 .8 1.0 .5 1.2 1.2 6.0 6.1 3.3 .9 2.4 6.5 8.3 3.0 4.6 Industrial Production 1982 1983 1984 1985 1986 76.6 76.2 87.1 89.9 94.0 78.8 76.5 87.6 90.4 93.6 78.2 77.6 88.3 91.1 92.7 77.4 78.3 88.7 91.4 93.5 77.3 79.4 89.1 92.0 93.6 77.2 80.0 89.7 91.5 93.3 76.8 81.2 90.1 91.3 93,9 76.4 82.3 90.3 92.0 94.4 75.9 84.1 90.2 92.3 94.6 75.2 84.7 90.2 91.6 95.3 74.9 85.1 B0.2 92.8 95.8 74.5 85.2 89.8 92.8 96.7 77.9 76.8 87.7 90.5 93.5 77.3 79.3 89.2 91.6 93.5 76.4 82.5 90.2 91.9 94.3 74.9 85.0 90.1 92.4 95.9 76.6 80.9 89.3 91.6 94.3 1987 1988 1989 1990 1991 96.2 103.2 107.7 105.5 103.7 97.8 103.4 106.7 106.5 102.6 98.3 103.6 107.3 107.0 101.7 98.7 104.3 107.6 106,0 102.0 99.4 104.2 107.1 106.6 102.8 100,3 104.2 106,8 106.6 103.8 100.7 104.7 105.5 106.3 104.1 100.7 105.1 106.0 106.9 104.3 100.9 105.2 105.6 106.8 105.3 102.0 1105.3 105.1 106.2 105.1 102.4 106.2 105.4 104.9 104.8 103:0 106.8 105.6 104.4 104.7 97.4 103.4 107.2 106.3 102,7 99.4 104.2 107.2 106.4 102.9 100.8 105.0 105.7 106.6 104.6 102.5 106.1 105.4 105.1 104.9 100.0 104.7 106.4 106.1 103.7 1992 1993 1994 104.4 109.9 115.6 105.3 110.4 116.3 105.9 110.5 106.6 111.3 107.1 111.1 106.7 111.2 107.1 111.6 106.9 111.8 107.0 112.1 107.9 112.9 108.8 114.0 109.3 115.4 105.2 110.3 106.8 111.2 107.0 111.8 108.7 114.1 106.8 111.7 Capacity 1982 1983 1984 1985 1986 103.9 106.7 109.4 113.1 117,6 104.2 106.9 109.7 113.4 117.9 104.4 107.2 110.0 113.8 118.2 104.6 107.4 110.3 114.2 118.5 104.9 107.6 110.6 114.6 118.8 105.1 107.8 110.9 115.0 119.1 105.3 108.0 111.2 115.3 119.3 105.6 108.3 111.5 115.7 119.6 105.8 108.5 111.8 116.1 119:9 106.0 108.7 112.1 116.5 120.2 106.3 108.9 112.4 116.9 120.5 106.5 109.1 112.7 117.2 120.8 104.2 106.9 109.7 113.4 117.9 104.9 107.6 110.6 114.6 118.8 105.6 108.3 111.5 115.7 119.6 106.3 108.9 112.4 116.9 120.5 105.2 107.9 111.1 115.2 119.2 1987 1988 1989 1990 1991 121.2 124.2 126.6 129.6 132.3 121.5 124.4 126.9 129.8 132.5 121.7 124.6 127;1 130.0 132.7 121,9 124.8 127.4 130.3 132.9 122.2 125.0 127.6 130.5 133.1 122.4 125.2 127.9 130.7 133.3 122.7 125.4 128.1 130.9 133.5 122.9 125.6 128.4 131.2 133.7 123.2 125.8 128.6 131.4 133.9 123.4 126.0 128.9 131.6 134.1 123.7 126.2 129.1 131.8 134.3 123.9 126.4 129.4 132.0 134.5 121.5 124.4 126.9 129.8 132.5 122.2 125.0 127.6 130.5 133.1 122.9 125.6 128.4 131.2 133.7 123.7 126.2 129.1 131.8 134.3 122.6 125.3 128.0 130.8 133.4 1992 1993 1994 134.7 137.4 140.5 134.9 137.7 140.8 135.2 137.9 135.4 138.2 135.$ 138.4 135.8 138,7 136.1 138.9 136,3 139.2 136.5 139.5 136.7 139,7 137.0 140.0 137.2 140.2 134.9 137.7 135.6 138.4 136.3 139.2 137.0 140.0 135.9 138.8 73.7 71.4 79.6 79.5 80.0 75.6 71.5 79.9 79.7 79.4 74.9 72.4 80.3 80.0 78.5 74.0 73.0 80.4 80.0 79.0 73.7 73.8 80.6 80.3 78.8 73.5 74.2 80.9 79.6 78.4 72.9 75.2 81.0 79.2 78.7 72.3 76.0 80.9 79.5 78.9 71.7 77.5 80.7 79.5 78.9 70.9 77.9 80.5 78.6 79.3 70.5 78.1 80.3 79.4 79.5 70.0 78.0 79.7 79.2 80.0 74.7 71.8 79.9 79.8 79.3 73.7 73.7 80.6 80.0 78.7 72.3 76.2 80.9 79.4 78.8 70.5 78.0 80.2 79.1 79.6 72.8 74.9 80.4 79.5 79.1 1987 1988 1989 1990 1991 | 79.3 83.1 85.1 81.4 78.4 80.5 83.1 84.1 82.0 77.4 80.7 83.1 84.5 82.3 76.7 81.0 83.7 84.6 81.4 76.8 81.3 83.4 83.9 81.7 77.2 81.9 83.2 83.5 81.5 77.9 82.1 83.5 82.4 81.2 78.0 81.9 83.7 82.6 81.5 78.0 81.9 83.6 82.1 81.3 78.6 82.6 83.6 81.5 80.7 78.4 82.8 84.2 81.6 79.6 78.0 83.1 80.2 84.5 83.1 81.6 84.5 79.1 j 81.9 77.9 j 77.5 81.4 83.4 84.0 81.5 77.3 82.0 83.6 82.4 81.3 78.2 82.8 84.1 81.6 79.8 78.1 81.6 83.6 83.1 81.1 77.8 1992 1993 1994 77.5 80.0 82.3 78.1 80.2 82.6 78.3 80.1 78.7 80.6 78.9 80.2 78.5 80.1 78.7 80.3 78.5 80.3 78.4 80.4 78.9 80.8 79.4 81.5 79.7 82.3 78.7 80.3 78.5 80.3 79.4 81.5 78.6 80.6 1992 1993 1994 Utilization 1982 1983 1984 1985 1986 j 1. Quarterly percent changes are at annual rates. Annual percent changes are calculated from annual averages. 11 77.9 80.1 Table 6 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Proportion ! in total IP ! Index. 1987=100 Seasonally ad justed Not seasonally adjusted 1987 1993 1993 Aug. .33 .06 .28 .09 .50 .06 .44 .12 152.9 70.5 169.4 140.2 159.4 104.8 170.3 142.6 175.8 128.2 185.3 149.9 168.5 131.0 176.4 146.1 176.9 134.1 185.9 148.7 185.7 157.2 73.0 174.0 142.4 12 1.23 1,15 98.5 104.4 104.4 101.1 104.7 104.0 102.8 107.5 108.5 103.8 99.9 104.4 13 131 4.81 4.08 2.29 1.79 .29 .43 93.3 92.8 81.2 113.0 114.2 87.0 92.6 91.8 80.3 111.6 112.8 89.7 92.6 92.2 80.9 111.8 112.6 86.5 91.8 92.1 82.4 109.1 104.3 82.9 90.9 91.3 81.0 109.2 101.5 82.3 92.1 92.7 82.4 101.3 82.4 91.0 90.2 80.3 107.3 112.1 87.1 91.3 89.9 79.9 107.3 110.5 92.8 93.5 92.3 81.4 111.1 113.7 94.2 94.5 93.7 82.4 113.4 106.3 95.0 94.2 93.7 81.8 114.4 101.7 94.1 94.8 95.4 82.9 132 138 5.79 4.91 3.12 1.80 .29 .58 100.9 86.6 14 .67 .57 94.1 94.5 94.1 98.2 97.9 99.9 102.0 100.5 99.9 99.7 93.6 84.5 20 201 202 2021 2022 2023 2024 2026 8.80 1.00 .40 .28 .31 .02 .86 .01 .19 .17 .09 .39 8.61 1.05 .35 .30 .38 .01 .78 .01 .21 .15 .09 .33 109.6 117.6 100.2 121.9 138.0 86.6 100.9 107.5 121.4 91.8 112.8 92.0 109.0 117.6 99.8 116.6 143.6 79.2 100.0 100.7 121.0 93.0 108.3 91.0 109.0 115.4 98.8 116.7 137.9 76.4 101.4 107.5 123.7 95.7 108.7 91.2 108.4 117.8 99.0 117.5 144.4 79.0 100.1 105.7 124.3 91.1 105.5 91.0 108.6 119.0 102.7 119.7 141.6 79.3 100.6 106.8 122.5 93.5 108.6 91.0 108.0 116.9 101.6 113.6 141.5 80.4 101.3 105.4 120.8 93.5 116.8 91.6 116.1 119.7 105.5 116.1 143.2 82.5 98.4 80.0 116.7 80.4 131.0 90.3 116.1 120.4 103.6 120.2 144.6 80.8 94.2 81.0 117.5 72.9 110.7 88.8 114.9 122.3 103.3 125.7 146.0 79.2 94.8 94.6 122.5 79.3 95.4 88.0 108.9 117.7 96.6 126.0 139.5 80.8 92.4 96.1 122.8 74.8 83.0 87.5 105.9 115.0 95.6 124.7 133.1 82.3 97.5 113.8 123.7 97.9 81.2 88.2 103.0 117.3 101.4 117.5 139.7 80.8 97.7 134.9 118.6 96.6 86.3 89.9 203 204 205 206 207 208 2082,3 2086,7 209 2095 1.25 1.11 1.10 .62 .23 1.64 .54 .86 .99 .19 1.31 1.14 .97 .61 .26 1.56 .53 .83 .95 .16 115.7 114.8 99.5 110.4 124.8 106.5 112.6 108.3 108.4 94.8 115.6 115.2 99.9 108.6 124.5 104.8 108.2 108.4 107.7 93.5 114.7 116.2 97.1 108.6 124.6 106.1 113.4 107.2 109.0 96.3 115.7 116.1 96.6 107.5 124.5 104.1 109.5 106.3 106.0 87.2 113.4 117.9 98.4 109.9 123.2 104.6 114.1 115.2 96.4 105.8 119.7 107.1 133.5 119.6 100.9 129.4 130.4 108.2 106.2 111.8 110.0 98.9 117.0 118.8 94.5 128.4 131.4 100.2 96.8 103.6 106.0 95.5 101.6 112.7 90.5 103.8 120.5 96.2 110.5 102.6 93.6 140.7 118.9 110.2 115.0 123.3 110.7 104.9 120.2 110.8 93.9 106.8 119.3 94.2 121.5 125.6 94.0 106.5 103.0 87.8 134.1 117.4 109.3 105.6 119.0 116.7 120.1 124.6 116.5 94.3 99.7 105.7 112.1 98.8 100.7 110.4 21 1.03 .84 90.3 85.4 86.4 83.3 83.5 84.3 99.6 91.5 97.2 82.3 65.8 86.1 22 Textile mill products 1.85 Fabrics 221-4 .53 Cotton and synthetic 221,2 .45 Narrow fabrics 224 .04 Knit goods 225 .45 Knit garments 2253,4,7-9 .33 Fabric finishing 226 .17 Carpeting 227 | .22 Yarns and miscellaneous 228,9 .48 Cotton and synthetic yarns 2281,2,4 .28 1.80 .50 .43 .04 .49 .36 .14 .20 .47 .26 108.8 107.6 108.7 98.5 117.0 122.5 96.7 105.8 107.7 103.2 106.6 101.9 102.1 97.6 117.1 122.8 89.1 103.0 108.8 103.6 107.7 103.1 103.6 97.0 117.9 122.9 90.0 106.8 109.9 105.4 108.0 104.4 105.1 98.7 122.5 124.7 88.8 101.6 108.0 100.5 107.0 100.5 100.7 96.6 124.8 128.0 85.1 96.9 109.9 104.5 107.4 104.5 105.4 97.4 123.0 127.0 84.9 103.2 106.0 98.4 112.8 108.7 110.4 98.9 128.0 140.0 98.8 107.7 110.1 106.1 110.6 102.0 102.9 98.8 130.0 140.6 90.0 105.2 111.5 106.2 112.3 105.7 107.7 96.8 126.5 128.7 93.2 112.9 112.6 109.3 106.2 102.7 104.0 99.6 118.1 119.6 88.1 104.6 105.8 96.5 97.1 94.9 94.3 100.4 111.3 116.7 77.4 84.4 99.0 85.2 101.2 104.3 105.0 97.0 104.0 104.8 86.2 89.0 106.2 98.9 Apparel products Item Metal mining Iron ore Nonferrous ores Copper SIC 10 101 102-4,8,9! 102 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 Sep. Oct. Nov/ Dec/ 1994 Jan/ 1993 Aug. Sep. Oct. Nov.1" Dec/ 1994 Jan/ 176.9 162.8 105.7 174.2 145.7 169.9 123.1 179.3 149.2 168.9 121.1 178.4 146.3 168.4 126.1 176.8 147.1 169.1 177.7 23 2.33 1.96 93.2 92.1 92.1 92.6 92.8 91.9 95.8 94.9 93.7 93.6 92.2 88.1 24 241,2 241 243-5,9 243 2435,6 245 2.07 .85 .29 1.22 .72 .20 .18 1.88 .73 .22 1.15 .60 .16 .19 100.9 97.6 86.0 103.3 93.0 88.7 115.5 101.8 95.8 89.1 105.6 95.3 90.7 120.7 104.6 102.3 84.2 106.1 95.8 88.7 123.4 104.9 100.5 87.0 107.9 97.2 89.5 130.4 105.7 98.6 84.6 110.6 98.7 92.8 141.1 105.4 99.9 86.2 109.5 97.9 88.2 105.2 101.2 92.0 108.1 97.1 91.7 131.7 104.8 99.8 94.5 108.3 97.5 92.9 129.6 108.6 107.2 92.7 109.5 98.5 94.7 136.9 102.5 97.0 87.0 106.4 97.2 88.7 123.7 97.6 88.9 82.6 103.6 96.3 83.3 108.4 100.0 93.8 79.4 104.3 94.5 86.9 12 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1987 = 100 Proportion in total IP item Seasonallvadiusted 1993 Aug. Sep. Oct. r Nov. Not seasonally adjusted Dec/ 1994 Jan/ 1993 Aug. Sep. Oct. Nov/ Dec/ 1994 Jan/ SIC 1987 1993 25 251 1.4.7 .69 1.37 J 105.2 .63 102.4 105.2 102.2 104.8 103.3 104.2 102.8 105.7 104.2 105.1 103.5 109.8 106.1 110.6 106.5 106.1 105.1 104.1 102.9 104.3 103.3 100.6 98.0 26 261-3 261 262 263 265,7 265 267 3.65 1.68 .16 1.01 .50 1.97 .71 1.26 3.70 1.71 .16 1.03 .52 1.99 .75 1.23 112.1 110.4 105.9 109.5 113.7 113.6 119.9 110.0 111.4 112.8 105.4 112.8 115.0 110.3 117.6 106.2 112.7 113.1 107.3 112.8 115.6 112.4 121.4 107.4 114.5 114.8 110.7 114.1 117.6 114.3 122.7 109.5 115.8 114.8 111.0 115.0 115.9 116.8 126.3 111.4 113.7 112.7 112.2 112.9 104.0 113.3 115.3 111.5 119.1 107.2 115.9 114.1 107.5 115.1 114.2 117.4 132.3 109.0 113.7 115.5 108.7 115.8 116.9 112.3 116.2 110.1 109.6 112.1 11.0.3111.0 115,0 107.4 108.3 106.9 115.2 114.4 114.6 120.5 111.3 112.9 110.4 104.2 109.9 113.3 115.0 122.2 111.0 27 Printing and publishing Newspapers 271 Periodicals, books, and cards 272,3,7 Job printing \274-6,8,9 6.51 1.76 1.79 2.97 5.95 1.28 1.65 3.02 100.9 79.2 101.7 113.4 101.1 78.9 103.5 112.7 101.6 80.2 103.5 113.0 101.7 80.2 102.2 113.9 101.7 80.9 100.5 114.9 102.2 83.7 100.0 114.6 107.2 77.1 101.1 128.6 107.3 80.7 101.0 127.0 104.8 87.7 100.6 117.5 101.6 85.8 100.8 111.5 99.0 80.7 102.7 107.6 96.6 78.0 100.0 105.6 Chemicals and products Industrial chemicals and synthetic materials Basic chemicals Alkalies and chlorine Inorganic pigments Inorganic chemicals, nee Acids and other 28 8.76 9.31 118.8 118.3 117.8 118.8 119.3 119.8 123.9 124.7 119.2 116.5 114.1 115.0 281,2,6 281 2812 2816 2819 3.66 .81 .05 .10 .54 .33 3.91 119.4 .94 125.2 .05 •111.4 .11 118.3 .64 126.9 .40 138.7 118.0 124.2 104.8 110.4 127.5 138.1 119.0 127.6 107.9 108.9 131.6 138.9 120.4 131.9 108.7 121.3 135:4 140.7 121.8 131.9 112.5 117.8 135.5 140.7 122.1 129.7 106.5 111.4 134.1 118.4 125.4 110.6 113.8 128.2 140.9 120.6 126.6 105.4 112.5 130.5 143.1 120.2 128.6 107.5 106.1 133.9 141.1 120.7 131.8 108.1 117.6 135.8 142.8 118.8 127.9 110.8 114.5 131.0 133.2 120.0 127.7 107.4 108.0 132.0 282 2821 2823,4 286 1.29 .79 .41 1.56 1.33 .80 .43 1.64 116.6 112.4 120.7 118.6 113.3 111.2 114.0 118.6 113.0 111.1 111.4 119.5 114.6 112.5 114.6 119.2 117.0 118.1 111.6 120.6 118.8 116.1 114.2 116.1 121.2 116.2 114.3 115.3 119.0 114.5 112.2 114.6 120.0 109.9 109.2 108.0 121.5 114.6 119.7 120.8 114.6 111.1 118.1 117.9 114.4 120.4 283-5,9 283 284 285 287 4.65 2.04 1.57 .45 .46 4.88 2.47 1.51 .36 .52 117.6 137.9 105.3 88.0 125.4 117.9 137.6 106.6 87.8 123.8 116.3 135.8 105.5 89.3 127.0 116.5 135.7 105.0 90.2 129.3 116.6 135.2 106.2 90.4 127.9 117.3 137.5 104.0 90.6 128.8 128.3 152.7 113.8 96.1 123.0 127.9 153.6 113.4 91.9 124.5 117.9 138.1 106.8 87.8 125.1 111.9 130.6 102.5 77.0 130.3 109.1 127.9 100.8 65.3 126.8 109.7 127.4 99.6 75.1 128.6 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 1.27 1.08 .22 .21 .04 .10 .51 .19 103.5 103.2 107.7 112.2 87.1 97.3 100.7 104.4 105.3 105.7 104.5 115.7 99.2 94.9 105.2 103.1 108.2 109.7 111.9 122.0 102.9 95.7 107.6 100.2 107.8 108.9 109.5 120.7 99.7 98.3 107.2 102.5 106.7 107.5 108.1 117.4 90.1 104.2 105.8 103.1 106.8 107.3 108.7 122.1 86.6 104.4 103.7 105.4 108.7 107.5 123.3 113.1 84.2 98.0 102.8 115.5 109.9 108.9 117.7 117.5 92.9 97.9 105.5 115.5 109.6 109.1 112.1 125.9 94.8 97.0 105.3 112.6 109.7 109.3 100.6 127.5 101.8 101.7 108.5 111.4 105.9 107.1 91.0 124.1 98.2 107.5 108.4 99.2 99.7 102.4 87.8 118.8 90.5 106.1 102.8 85.3 Rubber and plastics products 30 Tires 301 Other rubber products 302,5,6 Plastics products, nee 308 3.21 .40 .56 2.25 3.35 .46 .55 2.35 117.5 132.1 109.3 116.5 116.7 126.2 107.4 117.5 116.5 128.3 106.4 117.2 117.8 124.2 108.6 119.1 119.5 125.9 112.2 120.3 119.8 125.6 113.0 120.2 118.0 133.5 112.6 116.6 117.6 128.8 111.0 117.3 119.1 137.7 109.7 118.2 117.7 117.9 108.6 119.9 116.9 106.0 108.2 121.1 117.7 128.5 105.5 118.8 31 314 .32 .16 .24 .11 83.6 76.1 83.5 76.4 83.9 77.3 83.5 76.1 84.7 76:1 84.1 76.3 85.2 78.1 85.2 77.7 85.8 77.9 85.6 77.5 85.0 76.8 82.3 75.8 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 2.15 .34 .17 .14 .11 1,22 I 98.4 99.5 92.0 100.6 90.4 94.8 99.9 104.0 97.8 97.8 89.8 96.7 99.7 100.9 91.3 99.4 93.4 96.0 100.5 103.3 95.5 100.6 94.8 96.0 104.1 117.1 121.4 105.1 95.9 97.5 102.9 105.5 101,2 102.7 103.9 97.2 120.8 94.7 97.0 102.7 102.9 94.9 116.4 93.6 97.7 104.5 104.9 96.0 121.3 98.8 99.1 101.1 100.9 89.5 99.3 96.4 97.9 97.8 97.7 89.1 76.2 89.9 96.8 96.1 97.9 92.6 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 13 96.5 98.0 115.8 121.2 112.8 87.5 95.3 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 I ! Seasonally adjusted Not seasonally adjusted SIC 1987 1993 1993 Aug. 33 331,2 331 3.33 1.93 1.48 .35 .20 •10 3.20 1.94 1.53 .33 .19 .10 107.2 112.8 117.1 106.3 111.4 106.3 107.3 112.4 115.8 105.4 110.1 105.9 106.1 113.3 117.1 107.8 113.7 107.2 109.8 114.4 117.2 103.2 105.5 106.2 112.8 118.9 122.7 108.6 112.6 110.9 110.9 I 105.2 114.6 110.4 117.7 115.1 103.0 104.5 106.9 109.7 102.0 103.6 108.4 113.8 117.2 105.1 109.9 104.8 107.0 114.2 117.5 108.0 113.3 107.9 108.6 113.7 115.7 103.0 106.2 104.0 106.8 111.8 114.5 105.2 110.0 104.1 108.7 112.0 116.0 103.4 107.5 102.5 1.20 120.4 .19 114.9 .13 104.5 .13 126.6 .05 100.5 .69 I 126.5 .41 98.5 119.1 112.8 106.4 126.9 101.9 124.1 101.0 120.1 114.8 105.6 125.0 96.2 126.3 100.4 121.6 122.7 105.8 129.0 112.6 124.2 105.0 127.1 138.9 106.2 138.0 91.2 129.4 106.8 122.2 128.6 101.6 136.4 98.4 124.5 105.0 118.4 111.1 99.4 128.8 105.1 124.3 9.5.1 121.0 115.4 104.4 132.1 100.4 126.4 102.5 120.5 121.1 103.3 131.7 86.6 125.3 103.3 119.6 121.6 103.9 131.3 101.8 122.0 107.0 117.4 109.7 99.3 125.1 103.2 123.8 102.8 120.0 125.7 105.5 126.4 85.7 123.5 98.5 1.26 .23 .03 .14 99.4 110.2 112.6 106.7 100.3 117.9 118.4 106.4 96.2 113.5 109.6 106.4 103.5 111.7 113.3 103.7 104.4 114.0 120.2 103.4 105.8 111.0 121.8 102.8 98.6 107.7 112*1 106.1 101.0 116.8 119.6 105.7 97.1 114.6 112.9 106.6 101.7 112.2 117.8 104.4 100.0 113.2 118.3 103.5 104.2 111.8 118.1 102.9 94.7 .83 .62 94.8 .22 101.8 .21 i 94.1 94.2 93.4 109.9 96.5 89.0 86.3 87.0 97.0 99.6 99.7 115.6 99.4 100.6 101.1 116.4 98.8 102.8 103.7 117.5 100.3 93.2 93.5 100.6 92.4 94.6 94.6 106.5 94.8 89.7 87.0 87.7 97.8 97.1 96.2 105.8 99.8 94.5 92.3 97.0 101.1 101.3 101.7 118.0 99.9 103.6 112.2 101.5 114.4 115.1 100.4 99.7 99.0 101.3 106.8 102.3 103.8 104.5 98.3 97.0 101.0 103.8 110.1 102.1 95.4 95.9 96.3 94.5 101.2 104.7 110.3 101.6 93.6 93.9 95.6 93.7 102.5 103.7 106.7 98.9 98.3 93.3 91.7 97.1 101.4 104.1 1 Sep. Oct. Nov. " Dec/ 1994] "1993 Jan/ Aug. Sep. Oct. Nov/ Dec/ 1994 Jan/ 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 Nonferrous products Nonferrous mill products Aluminum Nonferrous foundries 335,6 335 3353-5 336 .99 .75 .24 .25 34 Fabricated metal products 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 4.86 .30 .27 .50 .45 1.17 2.71 1.55 99.6 110.7 111.0 97.0 95.5 96.2 100.6 104.0 99.6 109.1 109.2 96.5 95.5 98.2 100.4 104.1 100.7 112.2 113.2 95.6 94.4 98.4 101.8 107.2 102.1 108.8 109.9 96.9 95.5 98.9 104.0 110.2 102.9 112.2 113.7 98.2 97.0 100.0 104.4 111.9 99.0 97.8 99.5 105.8 112.8 101.5 125.2 126.6 99.9 98.7 99.0 100.7 105.3 Industrial machinery and equipment 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 11.1.0 .50 .48 .82 1.02 .71 1.05 .31 .74 4.70 .86 .96 147.1 107.9 136.8 112.0 114.0 114.0 118.2 107.7 123.1 230.6 114.4 114.5 148.4 112.5 136.6 113.7 112.9 114.0 116.1 105.2 121.3 234.8 113.9 115.3 150.3 110.7 139.0 113.9 112.8 112.1 115.6 106.0 120.2 241.8 117.3 113.5 152.0 111.1 137.8 112.9 113.9 114.7 115.2 104.9 120.2 248.6 120.7 112.2 155.8 157.5 114.3 113.0 137.7 140.8 115.6 116.1 116.6 116.3 115.2 116.2 117.3 115.2 106.2 106.0 122.6 119.6 256.1 263.3 124.7 120.7 115.8 115.8 154.5 105.6 127.0 111.2 120.8 111.5 120.8 104.2 128.7 252.6 117.2 123.3 152.9 111.0 127.3 112.8 120.3 111.8 121.1 104.5 129.0 245.0 118.1 122.4 152.6 148.3 111.7 113.8 133.4 135.3 114.0 113.3 113.6 112.3 112.3 116.0 116.7 113.9 105.1 106.3 122.2 117.5 251.6 239.4 113.2 110.8 115.0 109.2 150.4 118.9 138.9 118.5 111.4 119.4 114.5 110.0 116.6 242.4 110.3 109.8 150.8 113.5 143.2 116.0 109.0 117.0 109.7 107.2 110.9 249.5 111.3 107.6 36 361,2 361 363 3631 3632 3633 3634,5,9 3634 3639 6.92 .97 .33 .54 .09 .10 .10 .24 .10 .09 7.96 .88 .26 .56 .08 .11 .11 .26 .10 .08 129.5 102.4 91.7 112.9 91.0 119.0 113.8 118.2 115.0 102.8 130.9 101.7 89.8 116.8 93.0 126.0 118.4 121.4 119.6 106.3 131,4 132.1 99.7 99.6 87.9 88.0 121.6 124.5 103.3 102.8 127.4 125.2 125.2 141.5 124.5 125 4 120.2 119.2 112.6 111.8 134.2 100.8 88.7 125.4 106.9 127.7 134.0 127.8 122.5 114.8 135.2 130.2 99.6 106.7 89.1 98.2 117.4 ! 111.7 106.1 94.8 107.3 98.0 123.1 119.0 123.8 121.2 114.4 117.6 115.5 99.6 132.8 105.9 95.8 120.4 96.3 126.2 121.3 126.6 123.7 106.8 133.7 100.2 89.9 130.9 122.9 131.9 133.8 132.3 131.1 122.8 133.8 98.0 85.6 119.5 108.6 104.6 131.2 125.2 130.1 106.1 134.0 97:6 86.5 106.7 87.0 85.9 106.2 123.6 124.6 104.5 132.8 95.7 84.7 115.3 107.3 101.7 122.9 121.1 106.6 112.4 365 .22 366 1.44 367 2.23 369 .78 3691 ! -12 .30 1.51 3.23 .87 .11 169.6 116.7 164.6 122.7 98.3 163.9 117.7 168.3 124.4 101.2 159.0 116.2 170.7 124.9 99.3 150.0 118.7 171.9 124.5 97.5 153.3 119.3 174.2 126.7 93.0 154.1 117.5 180.5 129.2 110.5 186.3 115.8 163.4 124.3 111.4 186.8 116.1 166.4 127.8 126.0 174.2 116.6 170.7 129.5 118.7 161.2 120.9 174.3 130.2 113.0 141.0 122.9 178.9 129.4 95.2 145.6 117.4 179.4 126.9 94.4 3714 3716 9.90 4.79 1.62 1.22 1.13 .63 .51 1.91 .05 98.5 9.30 5.22 110.6 1.43 81.7 1.66 141.8 1.56 I 142.9 .89 146.7 .67 138.2 2.09 115.7 .04 96.1 100.4 115.1 85.7 149.7 150.8 153.9 147.0 118.4 98.3 104.2 124.1 96.8 161.4 163.3 166.4 159.4 123.8 113.3 108.3 132.4 108.5 169.1 171.8 176.0 166.5 130.1 104.6 110.8 138.5 112.4 177.4 180.1 188.0 170.3 136.7 111.5 111.5 141.3 116.0 183.3 185.3 191.0 178.3 136.9 108.8 97.9 111.2 82.6 143.8 144.8 148.5 140.2 114.9 97.7 101.7 118.2 88.4 157.2 158.6 163.3 152.9 119.1 95.3 109.9 134.8 112.2 182.4 185.4 191.3 178.2 124.1 116.9 108.2 130.9 107.7 164.7 167.6 172.6 161.4 130.1 85.8 103.9 121.5 93.3 141.1 142.0 146.8 136.1 134.0 80.5 107.7 133.4 108.9 170.0 172.4 177.1 166.5 131.8 98.9 372-6,9 372 373 374-6,9 5.11 2.95 .55 1.61 4.09 2.49 .45 1.15 86.7 91.5 89.8 76.7 85.5 89.8 88.2 76.8 85.7 88.6 89.1 79.1 84.8 86.8 90.9 79.2 85.4 89.7 88.8 76.4 86.3 91.0 88.8 76.9 86.6 89.9 89.9 79.3 86.8 89.9 90.5 80.0 87.3 90.0 91.5 81.1 83.6 86.1 88.4 77.4 Electrical machinery Major electrical and parts Electric distribution equip. Household appliances Cooking equipment Refrigerators and freezers Laundry Miscellaneous Electrical housewares Appliances, nee Audio and video equipment Communication equipment Electronic components Misc. electrical supplies Storage batteries Transportation equipment Motor vehicles and parts Autos Trucks and truck trailers Trucks and buses Consumer trucks Business vehicles Motor vehicle parts Motor homes Aerospace and miscellaneous transportation equipment Aircraft and parts Ships and boats Railroad and miscellaneous 37 371 87.2 92.0 90.8 77.2 14 83.5 85.3 89.0 78.3 I Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Proportion in total IP Index. 1987 = 100 Seasonallvadiusted Not seasonallvadiusted SIC 1987 1993 1993 Auq. 38 381-4 384 5.13 4.07 1.06 4.81 3.79 1.40 103.2 102.6 145.3 104.0 102.8 147.1 102.7 102.2 145.6 102.4 101.8 144.4 102.7 101.9 145:8 103.5 102.1 147.1 104.9 104.8 157.1 105.3 105.2 158.1 103.7 103.4 151.3 103.0 102.4 144.7 102.8 101.8 139.0 Misc. manufactures Consumer goods Business supplies 39 ,391,3,4/6 395,9 1.26 .65 .61 1.24 .62 .62 108.8 105.5 113.1 110.3 105.9 114.2 109.6 105.3 113.5 110.1 106.6 113.7 110.3 107.3 113.7 110.4 107.9 113.1 110.0 104.9 115.4 111.9 108.0 116.1 113.7 111.1 116.5 113.8 112.2 115.4 111.4. 106.7 108.0 103.4 115.1 110.3 Electric utilities Generation Fossil fuel Hydro and nuclear 491,3pt 6.07 2.57 1.46 1.11 6.34 2.66 1.42 1.24 119.5 116.9 113.9 120.8 115.8 112.8 106.6 120.9 113.7 111.4 107.6 116.4 115.2 113.5 110.1 117.9 115.5 113.5 110.4 117.5 11.9.2 117.2 132.2 127.6 128.2 126.7 119.4 112.7 110.5 115.7 107.2 102.4 102.4 102.4 108.0 107.9 105.0 111.7 116.9 115.2 108,6 124.0 125.6 122.0 3.50 1.42 2.08 1.16 .92 3.68 1.49 2.19 1.23 .96 121.3 125.7 118.4 119.8 116.6 117.9 120.5 116.2 117.1 115.1 115.5 114.8 116.0 116.7 115.1 116.5 116.3 116:6 116.4 116.8 117.0 115.7 117.9 117.5 118.4 120.6 135.5 144.4 129.5 134.4 123.3 124.3 125.5 123.4 126.9 119.0 110.7 108.1 101.4 102.6 117.0 111.8 1.16.0 109.0 118.4 115.4 118.1 123.5 114.5 114.0 115.2 128.3 1.64 .56 .26 .56 1.74 .58 .28 .59 114.4 106.9 113.4 118.2 118.0 112.3 117.5 121.1 119.1 118.8 122.1 118.2 119.4 119.0 124.1 118.0 120.0 126.3 72.4 33.4 56.8 93.0 74.3 39.5 60.8 92.6 90.8 70.1 85.0 101.2 171.7 210.1 Q4r 1993 Sep. Oct. Nov/ Dec/ Item Instruments Scientific and medical Medical instruments Sales Residential Nonresidential Commercial and other Industrial Gas utilities Residential Commercial and other Gas transmission 492,3pt Sep. Oct. Nov/ Dec/ 1994 Jan/ 1993 Aua. Seo. Oct. Nov/ Dec/ 1994 Jan/ 101.8 1.00.1 137.7 119.5 123.5 126.5 130.4 121.3 117.3 Table 7 INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS Billions of 1987 dollars at annual rates, seasonally adjusted 1992 item 1987 1993 Q3 Products, total Final products 1707.0 1887.1 1314.6 Q4 1993 Q1 Q2 Q3 1807.2 1847.6 1870.9 1873.1 1881.1 1927.3 1886.3 1908.8 1928.2 1944.8 1956.0 1968.8 1451.2 1470.5 1469.8 1473.6 1513.4 1479.5 1498.9 1514.9 1526.5 1536.1 1550.6 1480.9 1415.9 1994 Jan/ Feb.P Consumer goods Durable Automotive products Other durable goods Nondurable 866.6 226.1 114.9 111.2 640.5 944.2 253.1 128.1 125.1 691.1 912.9 230.5 112.5 118.1 682.3 933.7 241.8 121.3 120.5 691.9 943.0 252.5 129.8 122.7 690.5 937.2 249.3 125.9 123.4 687.9 938.9 246.5 119.1 127.4 692.4 959.1 266.0 138.5 127.5 693.1 940.2 248.1 121.5 126.6 692.2 953.1 258.8 130.9 127.9 694.4 960,2 267.0 139.5 127.5 693.3 963.9 272.2 145.2 127.1 691.7 968.8 275.1 147.9 127.2 693.6 976.5 283.4 157.2 126.2 693.1 Equipment, total Business and defense Business Defense and space 448.0 430.5 335.4 95.1 536.7 519.9 451.5 68.4 503.0 488.2 413.0 75.1 517.5 500.7 427.5 73.2 527.5 511.0 440.0 71.1 532.6 516.8 447.5 69.3 534.7 517.5 449.8 67.8 554.3 536.6 470.4 66.1 539.2 521.5 454.1 67.4 545.7 528.2 461.7 66.5 554.7 537.1 470.8 66.3 562.6 544.4 478.9 65.6 567.4 549.2 484.7 64.5 574.1 555.3 491.4 63.9 392.5 162.7 229.8 60.3 406.1 158.8 247.4 68.0 391.3 153.0 238.3 65.6 396.4 154.6 241.8 66.9 400.3 155.7 244.7 68.1 403.3 156.4 246.9 67.6 407.5 159.6 247.9 67.4 413.8 164.3 249.6 68.5 406.9 160.6 246.3 66.6 410.0 162.3 247.7 68.2 413.3 163.6 249.6 68.2 418.3 166.9 251.3 69.1 419.9 166.1 253.7 70.2 418.2 164.7 253.5 69.9 Intermediate products Construction supplies Business supplies Commercial energy products Table 8 DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION Percent Year One Month Earlier 1992 1993 1994 Three Months Earlier 1992 1993 1994 Six Months Earlier 1992 1993 1994 Jan. Feb. Mar. Apr- May June July Aug. Sep. Oct. Nov. Dec. 42.0 51.4 51.0 61.6 59.6 63.5 47.8 58.4 56.5 57.6 40.4 44.7 52.9 53.7, 56.9 49.8 52.2 51.4 49.8 56.1 54.5 62.7 57.3 52.2 61.2 50.2 56.5 63.5 55.7 60.8 59.2 61.2 68.2 57.3 69.4 51.0 52.9 50.6 52.5 51.8 45.1* 57 .£;; 49.0 54.1 49.8 52.9 62.7 53.7 59.2 63.5 56.1* 53.3 62.4 55.7 65.5 56.9 65.9 63.1 66.7 64.7 57.6 60.4 58:8 65.1 62.4 60.0 52.2 54.9 53.3 55.3 53.3 59.2 61.2 58.4 63.5 Note—The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six months) plus one-half the percentage that were unchanged. 15 Table 9 ELECTRIC POWER USE: MANUFACTURING AND MINING Index. 1987 = 100 1987 Billion 1987SIC l KWH 850.7 Seasonallvadiusted 1993 Aug. 110.2 Sep. 110.7 776.5 351.3 425.2 74,2 111.0 106.6 114.2 100.1 INDUSTRY GROUPS and SERIES Metal mining 10 Iron pre 101 102 Copper ore 146 6.3 4.8 Coal mining 12 Oil and gas extraction Crude oil and natural gas Natural gas liquids Not seasonally adjusted Dec. 112.8 1994 Jan.P 112.5 1993 Aug. 113.1 Sep. 114.4 Oct. 111.7 Nov.1" 110.5 Dec.r 110.2 1994 Jan.P 108.8 111.8 106.6 116.6 104.8 113.2 106.9 118.8 105.8 113.0 107.9 117.5 105.3 114.2 108.8 119.1 97.6 115.3 110.2 119.8 102.5 112.3 107.2 116.8 104.4 110.9 105.9 115.3 105.0 110.3 105.0 115.1 108.2 108.8 103.7 113.3 109.4 121.6 116.5 116.0 123.6 117.1 117.0 123.7 118.2 118.6 120.5 111.5 115.8 102.9 74.4 110.3 114.4 98.4 117.8 121.1 117.9 115.1 123.3 115.9 118.2 123.9 120.6 117.3 122.6 115.4 116.1 94.8 92.3 95.7 95.1 103.1 86.4 88.0 89.5 97.2 102.9 114.9 98.7 97.8 85.2 101.3 101.3 89.8 104.3 105.5 85.8 102.0 102.6 87.8 101.1 101.2 87.4 98.7 98.4 87.6 97.4 95.8 85.7 102.1 101.4 90.6 104.0 105.6 84.0 100.5 101,4 84.8 104.8 105.7 84.9 103.5 103.4 88.6 12.3 3.5 2.9 3.9 104.5 114.4 123.8 88.3 109.1 117.2 125.7 92.8 106.5 120.0 123.0 87.3 103.4 120.4 121.5 82.2 105.8 119.6 122.9 89.1 104.5 123.5 132.3 88.4 107.7 120.5 136.1 90.4 110.1 128.0 134.9 90.8 107.2 129.9 137.2 83.9 105.7 129.6 132.2 81.8 106.0 122.2 123.6 88.2 101.3 104.1 112.6 89.1 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 3.9 117.5 122.6 107.3 120.0 121.9 124.8 133.3 121.5 103.2 103.5 118.5 123.9 107.3 118.4 122.6 125.5 131.9 124.5 107.4 107.1 115.6 120.2 106.8 116.5 120.1 122.1 129.1 123.5 103.8 102.9 116.1 122.8 104.5 119.6 122.7 121.6 136.4 115.4 101.0 104.1 117.9 125.1 111.0 116.3 123.1 124.0 133.2 127.8 100.7 106.2 120.3 129.5 107.1 115.9 124.7 121.6 136.3 148.1 104.5 110.9 127.5 133.9 115.8 139.0 124.8 137.1 131.0 118.7 118.5 114.5 129.4 136.6 114.8 144.1 127.0 138.4 134.2 124.3 118.2 115.0 122.0 124.9 106.7 135.6 126.2 126.8 141.8 124.2 107.4 107.1 116.8 121.5 100.4 121.0 127.1 118.9 152.9 122.9 98.5 101.8 114.5 120.8 104.9 109.5 123.7 118.7 149.7 136.8 93.8 101.1 113.8 121.8 101.1 104.5 123.7 114.1 140.3 156.5 93.7 103.5 21 1.7 90.3 90.3 86.8 90.4 98.3 88.3 100.5 101.4 97.4 89.1 90.4 78.0 Textile mill products Fabrics Knit goods Fabric finishing Yarn and thread Miscellaneous textiles 22 221-4 225 226 228 229 29.9 11.6 3.4 2.2 8.4 2.9 111.0 103.8 125.1 114.9 115.0 114.8 112.5 101.1 130.7 118.9 118.7 120.3 109.2 98.1 128.5 116.0 113.0 118.4 112.0 101.8 130.8 119.7 114.0 117.4 118.4 106.5 137.4 126.8 120.2 117.8 112.2 97.8 136.0 120.6 112.0 120.8 126.0 118.1 144.4 123.3 130.7 126.8 124.8 112.1 150.0 129.5 130.2 129.2 115.3 103.1 134.9 122.6 120.0 123.2 108.0 98.0 125.3 118.5 110.0 112.5 107.9 97.1 123.3 121.6 110.9 110.7 94.0 82.9 110.6 105.3 92.8 108.9 Apparel products Men's outerwear Women's outerwear 23 231,2 233 6.6 1.9 1.9 94.0 93.1 83.6 97.5 104.1 80.7 94.5 97.6 82.3 95.6 100.6 78.7 98.0 107.1 80.3 99.6 105.6 85.9 110.7 110.3 98:1 114.0 124.0 94.7 99.0 101.6 85.3 91.5 97.3 74.5 88.2 94.6 73.0 85.0 89.5 74.3 Lumber and products Lumber Millwork and plywood 24 242 243 21.6 7.9 5.7 112.4 106.1 100.3 113.2 105.4 103.3 111.7 105.9 99.0 115.1 112.4 100,4 117.0 107.2 109.8 116.2 109.7 103.4 111.5 103.5 98.8 113.7 104.8 103.4 111.6 105.4 99.6 116.1 115.3 101.1 116.9 107.9 110.6 115.6 109.9 102.3 Furniture and fixtures Household furniture 25 251 5.7 3.2 111.8 105.1 114.0 105.0 111.3 106.1 111.4 104.6 114.1 107.1 112.8 106.5 117.5 108.9 119.8 109.3 114.2 107.9 110.9 104.7 112.2 106.2 107.5 100.7 Paper and products Wood pulp Paper Paperboard Paperboard containers Converted paper products 26 261 262 263 I 265 267 97.0 116.1 7.1 101.8 111.5 51.6 26.0 I 137.0 4.5 112.2 7.6 115.1 117.7 109.3 114.5 138.5 110.4 119.1 113.5 107.8 109.9 127.1 113.2 114.6 117.9 125.5 114.3 129.3 114.6 121.6 118.1 110.4 115.0 125.6 119.1 123.8 114.7 102.4 111.9 123.6 111.5 124.0 118.0 102.1 113.4 137.3 116.1 120.5 118.5 110.3 113.1 138.4 115.4 125.3 115.1 110.1 111.0 130.2 114.0 117.6 118.2 128.0 114.3 129.8 113.5 121.7 117.0 111.1 113.7 128.7 115.7 120.0 115.6 108.3 114.2 123.8 108.4 118.1 Printing and publishing Newspapers Commercial printing 27 271 275 15.7 126.5 3.4 112.4 8.2 | 129.5 128.5 114.8 130.1 126.0 112.5 128.5 127.4 111.1 129.8 128.7 113.8 132.6 128.0 112.3 128.4 143.1 126.2 146.6 144.0 127.2 146.4 130.4 114.3 134.5 123.8 106.6 128.2 121.7 111.1 123.4 119.1 107.9 118.0 28 Chemicals and products Basic chemicals 281 Alkalies and chlorine 2812 Inorganic chemicals, nee 2819 Acid and fertilizer materials Nuclear materials, nondefense 146.2 110.2 61.8 I 106.3 14.4 127.3 29.1 101.9 10.9 103.7 18.2 100.4 111.6 109.7 123.9 107.8 104.6 109.4 114.7 115.5 127.6 120.5 101.0 133.5 116.8 119.1 128.3 130.3 104.2 148.8 115.9 117.7 129.5 128.7 96.1 152.4 116.6 119.1 121.7 128.5 101.9 148.4 113.0 108.3 126.6 102.5 105.4 100.4 113.8 110.3 124.6 106.2 102.7 108.7 115.7 116.5 126.2 122.2 100.6 137.6 114.6 116.9 125.5 126.6 102.0 144.0 114.6 117.2 126.3 129.2 98.5 151.0 115.9 119.3 122.6 130.0 105.5 147.3 Oct. 110.0 r Nov. 111.3 111.2 108.3 11.3.7 103.5 110.4 105.7 113.8 104.2 102.4 71.4 112.8 112.9 95.5 115.6 13.4 98.0 13 131 132 33.0 27.7 3.7 Stone and earth minerals Crushed stone Sand and gravel Chemical and fertilizer materials 14 142 144 147 Foods Meat products Dairy products Canned and frozen food Grain mill products Bakery products Sugar and confectionery Fats and oils Beverages Coffee and miscellaneous Item Total MAJOR INDUSTRY GROUPS Manufacturing Durable Nondurable Mining Tobacco products 16 r Table 9 (continued) ELECTRIC POWER USE: MANUFACTURING AND MINING Item 1987 Billion 1987 SIC I KWH Chemicals and Products (cont.] Synthetic materials Plastics materials Drugs and medicines Soap and toiletries Industrial organic chemicals Agricultural chemicals ^___ Seasonally adjusted 1993 Aug. Sep. Oct. Nov/ Index. 1987 = 100 I Not seasonally adjusted 1994 I 1993 1 Dec. " Jan.P Aug. Sep. Oct. Nov/ Dec/ 1994 Jan.P 282 2821 283 284 286 287 26.5 14.2 5.5 3.1 36.0 8.5 112.0 115.9 128.1 113.8 107.9 116.2 107.8 109.7 127.8 115.3 115.9 110.4 109.8 114.6 122.8 114.1 115.5 111.3 110.7 116.4 125.8 113.5 111.8 113.9 108.1 118.4 124.5 114.9 115.4 111.1 107.9 114.9 125.0 112.3 109.2 115.1 114.9 117.8 142.2 123.0 11.1.4 1.15.3 112.4 114.2 143.1 122.6 119.5 112.0 110.1 115.1 125.8 115.5 119.0 111.4 109.2 115.3 119.8 110.8 1.10.9 114.0 105.8 116.2 116.5 109.0 112.8 111.6 106.1 114.6 115.4 107.3 110.1 114.9 29 40. f 110.5 111.7 110.0 112.6 114.9 113.3 116.4 115.7 110.3 109.9 114.4 112.3 Rubber and plastics products Tires Rubber products, nee Plastics products, nee 30 301 306 308 33.1 3.6 3.1 24.9 129.1 113.3 107^3 133.2 130.8 111.5 107.8 135.5 124.8 108.5 104.2 129.9 128.3 111.1 104.8 133.2 133.3 111.3 110.5 138.7 131.7 113.1 111.0 135.6 132.6 123.6 111.5 135.2 134.6 119.8 111.5 138.2 130.3 113.8 107.8 134.5 129.4 109.2 105.6 134.8 127.1 102.9 106.7 132.7 121.0 104.1 103.4 124.5 Leather and products Shoes 31 314 1.0 .4 95.6 84,9 100.4 89.8 97.5 89.5 96.7 89.2 99.9 92.1 98.7 91.8 103.4 94.9 105.9 96.4 98.4 88.0 95.2 88.4 94.5 85.1 93.3 85.1 Stone, clay, & glass products Flat glass Pressed and blown glass Cement Structural clay products Concrete products 32 321 322 324 325 327 33.8 1.7 6,7 10.1 1.6 ,5.1 99.5 99.1 99.3 94.8 104.2 91.4 103.5 102.3 104.8 99.8 106.6 94.4 101.8 100.2 99.0 101.4 103.5 92.3 105.2 103.9 104.8 108.5 105.5 93.8 105.9 105.2 104.0 106.8 107.9 96.7 105.2 105.1 100.6 105.0 108.8 93.9 104.2 102.8 102.3 102.1 107.5 94.0 106.4 105.3 106.4 105.7 109.9 96.7 106.3 101.6 10i:8 110.7 105.6 95.6 106.6 105:4 104.5 111.1 106.1 95.6 104.5 105.0 100.8 106.2 108.3 95.8 98.3 103:2 95.0 92.1 103,7 91.2 Primary metals Basic steel and mill products Iron and steel foundries Primary nonferrous metals Aluminum Nonferrous foundries 33 331 332 "333 3334 336 137.9 54.4 9.9 n 55.8 51.2 2.7 107.9 112.0 106.4 96.8 97.2 105.6 108.7 1.13.4 108.5 94.8 97.1 105.0 104.8 111.1 108.0 88.6 94.5 103.6 105.9 115.2 112.9 87.3 86.5 106.8 106.0 114.3 115.0 87.5 87.6 109.9 106.3 113.9 11.3.5 90.0 87.1 109.4 107.4 111.9 102.7 95.9 97.3 106.4 107.8 112.7 110.1 94.3 94.7 109.1 107.0 113.7 111.0 91.9 95.8 107.6 106.9 116.9 115.1 88.7 86.2 107.5 105 A 112.3 110.7 89.2 88.3 107.0 106.6 115.0 106.1 91.6 87.8 103.4 Fabricated metal products Metal containers Hardware, tools, and cutlery Structural metal products Fasteners Metal stampings 34 341 342 344 345 346 31.5 108.2 .2.5 123.6 2.7 110.8 5.6 98.1 1.7 | 101.2 7.1 J 117.2 109.2 121.9 111,4 99.4 104.8 118.5 108.2 120.4 109.3 101.3 102.6 116.3 109.5 119.3 109.8 97.9 105.9 121.0 113.3 121.5 113.7 104.7 104.1 124.3 112.0 120.9 114.2 | 102.5 105.7 127.4 111.1 126.8 115.2 98.0 105.7 116.4 114.0 126.1 116.4 102.9 107.9 121.8 110.3 121.9 113.2 101.1 106.6 119.8 109.5 116.6 109.7 97.8 104.1 121.8 108.1 114.9 109.9 102.0 98.0 118.9 105.3 114.7 107.0 98.4 98.7 114.4 Industrial machinery and equipment Engines and turbines Farm Construction and allied Metalworking Special industry General industrial Computer and office equip. Service industry machines " 35 351 352 I 353 I 354 I 355 356 357 358 33.4 2.5 1.6 4.2 4.2 2.5 4.8 6.1 3.3 109.2 105.8 137.3 93.8 122.5 111.0 110.6 91.9 134.8 111.7 116.4 126.0 95.0 122.2 112.4 109.5 96.6 134.8 108.4 113.3 120.0 96.6 119.1 111.1 108.2 89.9 136.2 109.3 113.5 123.5 94.1 119.9 109.6 109.6 93.1 137.8 112.7 115.5 130.2 97.1 122.6 108.9 112.7 95.8 140.3 111.9 108.0 135.0 99.3 122.1 105.7 109.0 93.3 140.9 115.7 112.3 132.5 97.7 129.8 118.4 115.8 99.3 144.8 118.3 117.7 134.2 101.6 130.1 120.0 116.3 100.0 145.4 110.7 112.1 120.8 99.2 119.9 111.9 110.4 95.2 138.5 107.6 112.2 123.9 93.6 118.3 107.5 107.5 90.7 135.0 107.6 108.7 129.5 94.0 117.1 105.3 107.0 91.8 132.6 105.1 105.8 131.5 92.5 114.5 100.9 101.9 89.3 130.5 Electrical machinery 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 31.3 1.4 4.1 2.5 2.9 .6 3.1 12.8 105^0 79.1 112.3 90.1 99.6 132.7 88.8 114.1 106.1 78.8 113.1 92.1 97.9 139.1 85.7 113.5 104.3 76.0 109.3 90.7 98.7 137.0 82.5 112.4 103.4 76.3 109.7 92.4 96.5 138.0 82.1 111.0 107.8 77.1 110.1 94.9 101.2 145.8 84.4 119.7 105.3 78.5 106.7 89.0 100.1 134.0 83.5 115.1 111.0 84.8 115.5 93.9 98.5 141.0 95.4 121.1 113.3 84.1 116.3 96.7 104.3 147.6 92.5 121.7 106.4 77.8 109.5 92.1 100.3 142.0 84.2 114.9 102.4 74.2 108.2 89.3 96.1 138.6 79.6 110.0 103.3 75.2 106.9 87.0 97.1 140.2 79.9 114.4 99.0 73.8 103.6 85.1 93.3 128.5 78.3 107.9 37 371 372 373 38.3 21.9 10.1 2:1 96.9 90.6 96.3 99.8 98.1 92.7 96.2 104.8 97.0 93.4 95.1 104.6 99.6 96.0 96.0 100.9 104.2 102.6 98.6 102.3 105:5 103.4 104.4 96.8 97.6 ; 103.7 101.5 102.3 104.0 98.3 103.2 104.8 100.7 97.5 98.4 100.4 97.9 95.3 93.6 97.9 96.7 93.2 94.7 100.9 96.4 92.9 92.5 101.5 38 386 13.1 1.7 108.3 98.1 114.0 106.4 108.8 96.0 108.9 101.1 112.6 101.1 111.1 96.6 117.5 104.4 121.7 110.8 112.2 101.0 106.3 96.7 107.2 96.7 103.8 93.6 39 4.6 119.9 123.1 118.6 118.5 120.7 124.7 129.5 131.7 122.3 116.8 114.2 116.8 832.5 110.5 765.4 109.7 85.3 I 118.5 111.1 110.3 120.4 109.3 109.6 120.2 110.3 111.0 117.2 111.2 112.6 116.6 111.1 112.3 113.5 113.5 112.7 121.2 114.6 114.3 117.9 110.9 111.4 119.1 109.4 110.3 115.1 108.9 109.6 121.6 107.6 108.3 119.4 Petroleum products Transportation equipment Motor vehicles and parts Aircraft and parts Ships and boats ! Instruments Photographic equip. & supplies Miscellaneous manufactures SUPPLEMENTARY GROUPS Total, excluding nuclear nondefense Utility sales to industry Industrial generation 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; 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 comprise 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. In 1993, a revision that converted the indexes to the 1987 SIC from 1987 forward was published. 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 government agencies including those 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 electric power use by industry. Data on hours worked by production workers are collected in the monthly establishment survey conducted by the Bureau of Labor Statistics. The data on electric power use 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; 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 foral 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." Proportions for the most recent complete year of data are shown in the second column of tables 1, 2, and 6. Seasonal adjustment. Individual series are seasonally adjusted by the X - l 1ARIMA method, developed at Statistics Canada. For series based on production-worker hours, the current seasonal factors were estimated with data through October 1993; for other series, the factors were estimated with data through July 1993. In some cases, series were preadjusted for the effects of holidays or the business cycle before using X - l l ARIMA. The seasonally adjusted total index is calculated by aggregating the seasonally adjusted major market groups, and may not precisely equal an aggregation of the seasonally adjusted industry groups. 18 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 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (April 1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively. Hie 1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80 (March 1994), pp. 220-6. 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, mining, utilities, 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 total industry and 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 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. The 1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80 (March 1994), pp. 220-6. 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 1994 At 9:15 a.m. on January 14, February 15, March 15, April 15, May 16, June 15, July 15, August 15, September 16, October 14, November 15, and December 14. Z Board ofG Feder; Washi OFFICIA BUSI ESS r* •3 ^ X o o2 n » N ) ^ < <J1 ft) O ^ O 3 r-f O O CO Q ST CD CD vu 3 o ^JfD