Full text of G.17 Industrial Production and Capacity Utilization : May 15, 1996

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FED ER AL RESERVE statistical release (
G.17 (419)

For release at 9:15 a.m. (EDT)
May 15,1996

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production advanced 0.9 percent in April after a decline of 0.5 percent in March, when a strike
caused the output of motor vehicles and parts to plunge 14 percent. Excluding the decline and subsequent rebound in
production of motor vehicles and parts, the index of industrial production rose 0.3 percent in March and was unchanged
in April. At 124.5 percent of its 1987 average, industrial production in April was 2.6 percent higher than it was in April
1995.
Capacity utilization rose 0.5 percentage point in April, to 83.0 percent. As indicated in the notice below, the
capacity utilization rates have been revised beginning in January 1995. Revisions to the aggregate capacity indexes and
utilization rates for total manufacturing, advanced- and primary-processing, mining, and utilities were trivial.
Market Groups
The output of consumer goods rose 1.1 percent in April. The production of automotive products, which had
fallen nearly 10 percent in March, rebounded 12.5 percent. The production of other durable consumer goods increased
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index. 1987=100
Apr.P

Feb/

Mar/

Apr.P

Apr. 95 to
Apr. 96

123.4
123.5

124.5

-.2
-.3

1.2
1.3

-.5
-.5

.9

2.6

120.4
116.1
164.9
108.6
129.3

119.9
115.0
163.0
110.4
128.7

121.2
116.3
166.0
111.3
129.6

-.4
-1.0
1.3
-3.0
.1

1.5
1.3
2.7
1.3
.6

-.5
-1.0
-1.2
1.6
-.5

1.1
1.1
1.8
.9
.7

2.9
1.7
7.1
3.0
2.0

126.2
137.6
113.6
97.6
125.7

125.1
135.8
113.4
100.3
126.5

126.8
138.9
113.4
99.5
124.3

-.2
.1
-.6
-1.1
.4

1.3
2.0
.5
.5
.1

-.8
-1.3
-.2
2.8
.7

1.3
2.3
.0
-.8
-1.8

2.7
5.6
-1.0
-1.1
4.6

Feb/

Mar/

Capacity
growth
Apr. 95 to
Apr. 96
Apr.P

Feb/

Mar/

122.5
122.5

123.9
124.1

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

118.6
114.6
160.5
107.2
128.5

Maior industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

124.5
134.9
113.1
97.1
125.6

Industrial Production
Total index

Previous estimates

C apacity Utilization
Total industry

Previous estimates
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Percent chanae
1996
Jan/

1996
Jan.r

Percent of Capacity
1988-89
1995
1996
High
Apr.
Jan/

Average
1967-95

1982
Low

82.1

71.8

84.9

84.0

82.4
82.3

83.1
83.2

82.5
82.5

83.0

3.8

81.4
80.7
82.6
87.4
86.9

70.0
71.4
66.8
80.6
76.2

85.2
83.5
89.0
86.5
92.6

83.4
81.3
88.2
89.9
88.2

81.4
79.7
85.4
86.8
92.4

82.2
81.0
85.0
87.3
92.4

81.2
79.6
85.2
89.7
92.9

82.0
80.6
85.3
89.0
91.1

4.3
5.0
2.6
-.1
1.2

nearly 1 percent, the third successive monthly gain; this cumulative rise, however, merely offset the 4 percent drop in
January. The output of consumer nondurable goods declined 0.2 percent, as utility output for residential use eased
noticeably after a relatively cold March. The production of clothing and chemical products declined further, while the
output of food changed little.
Apart from the effects of the strike at General Motors, which had caused large fluctuations in the output of
transit equipment, the production of business equipment rose 0.2 percent in March and 0.4 percent in April. The
production of computer and office equipment advanced 2.4 percent after even more rapid gains in February and March.
The output of industrial equipment, however, eased for a second month.
The output of construction supplies rose 0.9 percent; the cumulative gain over the past three months was
larger than the 3 percent drop in January, leaving the level of output about 3/4 percent above its level in December. The
production of materials increased 0.7 percent in April, with the strength concentrated in the durable goods materials used
to make motor vehicles. The output of nondurable goods materials remained weak. The production of energy materials
decreased 1.3 percent, with declines in coal mining and electricity generation.
•»
Industry Groups
Manufacturing output rose 1.3 percent after a loss of 0.8 percent in March; excluding motor vehicles and
parts, production rose 0.3 percent in April and 0.1 percent in March. Production in durable manufacturing jumped
2.3 percent, mainly because of the rebound in the motor vehicle and parts industry. Production also increased 1 percent
or more for computers, lumber and products, and primary metals. The output of nondurables did not change; declines in
textiles and rubber and plastics products offset gains elsewhere. Production in mining decreased 0.8 percent, and the
output at utilities fell 1.8 percent.
The factory operating rate, which had fallen back 1.0 percentage point in March, rebounded 0.8 percentage
point, to 82.0 percent. The utilization rate for motor vehicles and parts— included in the advanced-processing
grouping—rebounded to 79.3 percent from the strike-depressed March level of 66.8 percent and accounted for the swing
in utilization in manufacturing. Among other advanced-processing industries, the changes in utilization were mixed. The
utilization rate for primary-processing industries edged up 0.1 percentage point, to 85.3 percent, which is 2.7 percentage
points above its 1967-95 average. In mining, the utilization rate fell back 0.7 percentage point, to 89 percent. Utilization
in coal mining, which had risen 5 percentage points in March, fell back 4 percentage points, to 82.2 percent. The
operating rate for utilities declined 1.8 percentage points.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
April data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

5
0

-5

-10
10

5
0

-5
-10
Total industry
Ratio scale, 1987 production = 100




Manufacturing
Ratio scale, 1987 production = 100

NOTICE
Revised indexes of industrial capacity and rates of capacity utilization for 1995 and 1996 are included in
the attached G.17 (419) statistical release. The revisions begin in January 1995. For total industry, the revisions are
very small. Utilization in total industry was 82.7 percent in the first quarter of 1996, the same as previously reported.
Tables that summarize the revision and show revised capacity utilization rates and capacity indexes for 1995 are shown
on pages 11 and 12.
The updated estimates of capacity incorporate the data on actual and planned investment by manufacturing
industries reported in the Bureau of the Census’s Investm ent P lans Survey issued in late March, as well as more
detailed, revised utilization rates from the Census Survey o f P lant C apacity for 1993 and 1994. The revisions to the
capacity indexes affect the utilization rates reported in this Federal Reserve release because monthly utilization equals
the monthly index of production divided by the related monthly capacity index.
Industrial capacity grew 3.8 percent from December 1994 to December 1995, 0.1 percentage point less
than was previously estimated. Capacity in manufacturing grew 4.3 percent, also 0.1 percentage point less than
previously reported. Within manufacturing, annual capacity growth for durable manufacturing was revised up
0.5 percentage point, to 6.1 percent, with noticeable upward revisions for computers and electrical machinery. Capacity
growth for nondurable manufacturing was revised down 0.8 percentage point, to 1.9 percent, with downward revisions
for printing and publishing and rubber and plastics products. In electric and gas utilities, capacity grew 1.1 percent in
1995; in mining, capacity edged down. For 1996, overall industrial capacity is projected to grow 4.0 percent,
0.5 percentage point higher than previously estimated.
Diskettes containing the revised data are available from the Board of Governors of the Federal Reserve
System, Publications Services, at (202) 452-3245. Data are also available on the Commerce Department’s Economic
Bulletin Board. For information, call (202) 482-1986.




Index. 1!
Seasonally Adjusted
1996
Jan.r Feb.r Mar/
Dec.

ADr.P

1995
Nov.

123.9

123.4

124.5

121.5

121.0

121.1

123.6

122.9

122.5

118.6
121.9

120.4
124.2

119.9
123.3

121.2
125.0

117.3
120.5

116.7
119.8

116.6
120.2

119.4
123.9

118.8
122.7

118.5
122.1

115.7
126.3
132.8
132.1
99.5
190.6
132.7
120.5
141.9
107.4
118.3
113.2
110.6
89.7
136.5
106.3
119.5
108.6
124.1

114.6
120.3
125.9
124.1
92.8
180.4
128.1
115.5
132.2
101.1
116.2
113.3
110.6
88.2
138.1
104.9
121.0
108.6
126.1

116.1
125.0
133.1
133.5
99.7
194.4
130.6
117.9
137.2
103.4
117.6
114.0
111.8
90.3
136.6
105.9
121.4
111.8
125.4

115.0
119.7
120.4
111.1
77.0
173.1
137.6
119.1
138.3
107.3
117.1
114.0
112.2
89.1
135.6
105.4
122.5
111.1
127.3

116.3
127.3
135.5
135.9
104.1
192.7
133.0
120.2
141.5
107.3
117.8
113.7
112.4
88.8
134.6
106.4
120.2
111.8
123.8

114.0
124.3
129.3
129.9
100.6
182.1
126.5
120.0
142.4
99.6
122.0
111.5
109.9
91.1
129.0
108.0
115.9
112.1
117.4

112.6
116.8
118.5
114.3
88.8
159.9
125.3
115.4
125.0
100.5
119.9
111.7
104.4
87.1
128.3
107.0
142.7
113.5
155.2

114.1
116.0
119.8
116.7
88.0
168.2
124.5
112.7
129.4
99.0
113.1
113.7
105.3
82.3
128.8
104.2
162.3
106.3
186.6

116.3
129.3
140.9
145.4
110.2
208.5
130.2
119.2
145.0
105.2
115.6
113.2
107.0
87.7
127.2
106.8
146.0
106.5
163.1

114.6
125.2
129.5
124.2
86.3
193.2
138.7
121.4
149.1
108.3
116.3
112.0
107.9
87.2
128.6
106.8
132.4
105.1
144.1

113.4
130.9
141.6
143.1
109.6
203.2
136.8
121.6
144.6
111.5
116.7
109.1
107.8
86.8
127.6
107.2
111.5
110.5
111.8

131.4
156.9
208.1
417.8
129.1
119.6
134.2
121.4
62.9
83.1
161.8

132.3
158.4
209.4
431.7
129.5
124.5
135.3
121.7
62.0
83.8
164.4

133.7
160.5
213.3
442.9
129.6
128.1
129.1
122.1
61.6
85.1
158.1

137.3
164.9
220.6
463.3
131.2
133.6
136.0
123.5
62.9
89.7
157.8

136.6
163.0
222.2
480.0
130.3
121.1
113.6
123.1
63.7
96.3
168.2

138.9
166.0
224.0
491.5
129.7
135.6
140.0
123.5
63.9
100.6
168.0

130.8
155.0
204.8
399.5
128.3
118.4
132.9
120.0
64.0
93.8
157.9

131.4
156.2
208.7
425.7
128.6
115.0
117.4
122.0
64.0
92.9
135.8

129.9
155.0
204.5
415.3
125.5
124.3
123.6
120.5
62.2
86.5
140.0

136.1
163.5
215.2
454.1
129.7
140.1
148.6
123.8
62.9
85.7
153.8

135.7
162.2
217.4
467.3
129.4
128.5
126.5
123.4
63.9
87.6
170.6

136.2
162.9
216.6
467.7
126.9
139.3
147.0
123.3
63.1
91.0
173.5

99.3
95.2
102.0

109.3
108.7
109.9

110.1
110.5
110.0

108.5
107.2
109.6

108.9
108.6
109.2

109.6
110.4
109.3

109.9
111.3
109.1

107.6
107.3
108.0

107.4
104.9
109.1

105.7
100.7
109.0

105.8
103.7
107.3

107.0
107.3
107.0

107.6
110.9
105.7

39.4

109.7

128.4

128.4

128.5

129.3

128.7

129.6

128.0

127.6

128.0

130.2

129.3

128.6

20.8
4.0
7.5
9.2
3.1
8.9
1.1
1.8
3.9
2.1
9.7
6.3
3.3

112.8
107.4
120.9
108.4
110.0
110.1
100.5
110.8
112.7
109.9
103.7
100.5
110.1

145.3
140.1
171.0
127.9
128.1
116.6
104.8
114.3
122.7
114.1
105.7
100.8
115.4

144.8
139.3
170.8
127.2
126.6
117.4
103.3
115.2
121.9
118.9
106.0
101.0
116.2

145.8
140.6
171.7
128.2
125.7
115.7
100.3
113.4
121.8
115.2
105.9
100.6
116.6

147.3
141.1
176.4
127.8
123.6
116.3
101.8
113.4
121.7
117.1
105.6
100.9
114.9

145.5
132.4
177.0
127.2
123.5
116.0
103.0
112.9
121.3
116.4
107.0
102.2
116.5

147.9
143.2
177.4
127.3
124.4
115.9
100.5
113.3
121.9
116.0
105.6
100.7
115.3

145.1
139.8
171.7
127.1
127.2
116.4
104.1
115.1
122.2
113.9
104.7
100.5
112.8

144.4
136.9
174.2
124.8
124.7
112.5
95.0
111.6
118.7
111.9
107.9
102.5
118.8

142.9
136.7
171.0
124.0
124.5
115.3
100.7
115.6
120.4
113.9
110.2
103.8
123.2

147.0
142.8
176.1
126.7
125.8
117.3
103.5
115.9
123.5
114.7
108.6
104.0
117.6

146.1
135.5
177.3
127.0
125.9
117.2
106.1
114.2
122.3
116.4
107.2
102.7
116.0

147.1
142.6
175.5
127.2
126.7
117.0
102.4
112.1
124.1
116.6
102.6
99.1
109.4

97.2
95.2
98.2

107.8
107.7
106.2

122.3
121.7
118.4

122.5
121.9
118.5

122.4
121.9
118.0

123.6
123.1
119.3

123.7
123.5
118.5

124.1
123.5
119.5

121.2
120.6
117.5

121.2
120.5
116.7

121.1
120.6
116.9

122.9
122.4
119.1

122.8
122.6
118.2

121.8
121.2
117.7

27.0
25.7

106.7
105.8

115.0
115.3

114.7
115.3

114.0
113.9

115.0
115.5

115.3
114.2

115.1
115.9

113.0
113.8

112.5
109.2

113.9
108.7

114.4
113.0

114.0
112.6

111.5
113.6

12.5
12.2

124.3
115.1

159.0
130.8

160.5
131.3

163.5
132.6

167.6
135.6

167.8
132.3

168.4
134.5

157.0
130.2

160.0
129.4

158.0
129.0

164.8
134.9

165.7
132.5

164.3
133.2

29.7

111.9

136.6

136.4

136.6

137.8

136.5

138.1

136.4

134.6

134.5

137.9

137.3

137.9

1992
Value
added1 Index

1995
Nov.

100.0

107.7

122.6

122.8

122.5

60.6
46.3

106.4
108.7

118.8
121.9

119.2
122.1

28.6
5.6
2.5
1.6
.9
.7
.9
3.0
.7
.8
1.5
23.0
10.3
2.4
4.5
2.9
2.9
.9
2.1

106.0
103.0
100.9
97.1
80.9
125.2
107.3
104.9
110.4
97.1
106.8
106.9
105.4
96.2
119.6
103.8
108.2
104.6
109.6

115.9
124.9
130.5
129.8
100.2
182.8
130.2
T19.9
145.3
104.1
117.6
113.8
110.9
91.5
135.0
108.4
121.1
108.2
126.6

17.7
13.7
5.7
1.4
4.0
2.6
1.2
1.4
3.3
.6
.2

112.5
123.4
137.8
172.6
105.7
135.8
112.9
103.3
84.8
79.9
94.2

14.3
5.3
9.0

Materials
Durable

Item

Total index
Products, total
Final products
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

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

Intermediate products
Construction supplies
Business supplies

Consumer parts
Equipment parts
Other
Basic metals

Nondurable
Textile
Paper
Chemical
Other

Energy

Primary
Converted fuel

o
o

vu
00
-vl

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Not seasonally adiusted
1996
Dec.
Jan/ Feb/ Mar/

ADr.P

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

Consumer goods excluding:
Autos and trucks
Energy

Business equipment excluding:
Autos and trucks
Computer and office equipment

Materials excluding:
Energy

1. Proportion as a share of the value added for the total index.




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1994 Q4
to
1995Q4

Seasonally adjusted
annual rate
199t>
1995
Q4
Q1r
02
Q3

Seasonallvadiusted
1996
Jan.r Feb/ Mar/ ADr.P

Not seasonally ariiusted
1996
Jan/ Feb/ Mar/ ADr.P

Apr. 95
to
Aor. 96

Total Index

1.6

-1 -4

3.2

.6

2.5

-.2

1.2

-.5

.9

.1

2.1

-.6

-.4

2.6

Products, total
Final products

1.0
1.3

-2.1
-1.5

3.9
4.1

-.4
-1.0

3.0
4.5

-.4
-.2

1.5
1.9

-.5
-.8

1.1
1.4

-.1
.3

2.4
3.1

-.5
-1.0

-.2
-.5

2.9
3.4

.5
-.9
-1.1
-2.3
-6.0
1.9
1.2
-.7
5.1
-3.7
-2.1
1.0
-.5
-8.7
6.0
.4
6.6
1.0
9.0

-2.7
-11.8
-15.1
-20.2
-31.3
-5.5
-3.3
-8.4
-10.4
-8.3
-7.4
-.1
3.4
-10.8
-7.4
1.5
7.4
-.9
11.0

3.8
2.7
1.0
-.6
.0
-1.3
4.6
4.3
14.2
6.8
-1.9
4.1
.5
-9.8
13.6
2.4
16.7
2.6
22.8

.0
3.6
3.1
1.6
-5.4
9.7
6.0
4.2
20.9
-2.4
-.3
-1.0
—4.2
-9.4
12.7
-.3
-4.1
-4.6
-3.9

-.8
-9.7
-12.1
-20.6
-34.8
-3.3
7.0
-7.4
-17.1
-6.6
-2.2
1.7
2.4
-9.2
3.1
-6.2
13.3
9.5
14.7

-1.0
-4.7
-5.2
-6.1
-6.7
-5.4
-3.5
-4.2
-6.8
-5.9
-1.8
.1
.0
-1.6
1.2
-1.3
1.2
.1
1.6

1.3
3.9
5.7
7.6
7.4
7.8
2.0
2.1
3.7
2.3
1.2
.7
1.2
2.3
-1.1
1.0
.4
2.9
-.6

-1.0
-4.2
-9.5
-16.8
-22.7
-11.0
5.4
1.0
.8
3.8
-.5
-.1
.3
-1.3
-.7
-.5
.9
-.6
1.5

1.1
6.3
12.5
22.3
35.2
11.3
-3.4
.9
2.3
-.1
.6
-.2
.2
-.3
-.8
1.0
-1.9
.6
-2.8

1.3
2.0
-.7
11.5
1.1
17.6
2.1
24.6
-.8
25.2
5.2
23.9
-.6
4.5
-2.4
5.8
3.5
12.1
-1.5
6.3
-5.7
2.2
1.8
-.5
.8
1.7
-5.5
6.6
.4
-1.2
-2.6
2.5
13.8 -10.0
-6.3
.2
20.2 -12.6

-1.5
-3.2
-8.1
-14.6
-21.7
-7.3
6.5
1.9
2.9
2.9
.7
-1.0
.8
-.5
1.0
.0
-9.4
-1.3
-11.7

-1.0
4.6
9.3
15.3
27.0
5.2
-1.4
.1
-3.1
3.0
.3
-2.6
-.2
-.5
-.8
.4
-15.7
5.1
-22.4

1.7
1.9
2.9
2.4
-1.3
6.5
3.9
1.0
7.5
-1.7
-.8
1.7
1.1
-8.4
6.0
-.4
7.1
2.7
9.0

2.5
4.6
13.9
36.2
3.5
-14.2
-6.1
-3.6
-9.1
-4.8
13.1

.4
1.6
12.3
35.4
-1.9
-11.1
-17.6
-12.2
-7.8
4.7
1.0

4.5
6.1
12.0
23.9
6.4
-6.6
5.5
-.6
-5.7
-.8
17.2

-2.4
.3
16.1
45.0
2.6
-39.6
-17.0
-4.3
-16.4
-21.7
21.1

13.1
14.8
22.2
50.1
4.1
19.0
--23.7
5.2
-2.2
37.4
-.9

1.0
1.3
1.9
2.6
.0
2.9
—4.6
.3
-.6
1.6
-3.8

2.7
2.7
3.4
4.6
1.3
4.3
5.3
1.1
2.1
5.5
-.2

-.6
-1.2
.7
3.6
-.7
-9.3
-16.4
-.3
1.2
7.3
6.6

1.7
1.8
.8
2.4
-.5
12.0
23.2
.3
.3
4.5
-.1

-1.2
-.8
-2.0
-2.4
-2.4
8.2
5.3
-1.2
-2.8
-6.9
3.1

4.8
5.5
5.3
9.3
3.3
12.6
20.2
2.7
1.1
-.9
9.9

-.3
-.8
1.0
2.9
-.2
-8.3
-14.9
-.3
1.5
2.2
10.9

.4
.4
-.4
.1
-1.9
8.4
16.2
-.1
-1.2
3.9
1.7

5.8
7.1
15.2
37.9
2.9
-5.0
-1.0
.2
—4.9
12.6
14.6

-.1
-.4
.0

-4.2
-7.8
-1.8

3.3
1.1
4.7

1.6
6.0
-1.1

-1.8
-1.5
-2.0

-1.4
-3.0
-.4

.3
1.3
-.3

.7
1.6
.1

.2
.9
-.2

-1.6
^f.O
-.1

.1
3.0
-1.6

1.2
3.5
-.3

.5
3.3
-1.2

1.5
3.0
.6

Materials

2.4

-.3

2.1

2.0

1.7

.1

.6

-.5

.7

.4

1.7

-.7

-.6

2.0

Durable

5.3
-.3
13.2
1.1
.5
-2.7
-7.1
-3.7
-.3
-3.8
.1
-.3
.9

-1.1
-14.4
12.7
-5.9
-4.8
-1.0
-8.1
4.2
-.8
-2.1
2.7
1.5
4.9

7.2
2.5
17.5
.3
-.3
-9.2
-18.9
-8.0
-6.5
-10.2
1.0
-3.4
9.5

7.1
5.8
8.8
6.0
4.6
-3.1
-3.0
-10.9
-3.4
5.0
-5.6
-1.9
-12.0

4.3
-3.6
11.3
1.5
-6.6
-5.2
--12.5
--12.3
-3.0
1.2
1.6
.3
3.8

.7
1.0
.5
.7
-.8
-1.4
-2.9
-1.6
-.1
-3.1
-.1
-.4
.4

1.0
.4
2.8
-.4
-1.7
.5
1.4
-.1
-.1
1.7
-.3
.3
-1.4

-1.2
-6.1
.4
-.4
-.1
-.2
1.2
-.4
-.3
-.7
1.3
1.2
1.4

1.7
8.2
.2
.1
.8
-.1
-2.4
.3
.5
-.3
-1.3
-1.4
-1.0

-1.0
-.2
-1.8
-.6
-.2
2.5
6.0
3.7
1.4
1.9
2.2
1.3
3.7

2.9
4.4
2.9
2.2
1.1
1.7
2.8
.2
2.6
.7
-1.5
.2
-4.6

-.6
-5.1
.7
.2
.0
-.1
2.4
-1.4
-1.0
1.5
-1.3
-1.2
-1.4

.6
5.3
-1.0
.2
.6
-.1
-3.4
-1.9
1.4
.2
-4.3
-3.6
-5.7

5.8
3.9
11.7
1.2
-1.3
—4.7
-11.3
-7.3
-3.0
-2.0
-1.0
-1.5
-.1

1.7
1.8
.6

-.7
-.3
-2.4

3.2
3.3
2.5

.8
.7
-.8

3.4
4.0
.9

-.1
.0
-.4

1.0
1.0
1.0

.1
.3
-.6

.3
.0
.9

.0
.1
.2

1.5
1.5
1.8

-.1
.2
-.7

-.9
-1.1
-.4

2.6
2.7
1.4

.8
-.1

-1.2
-3.8

4.2
2,5

-.1
.5

.8
-2.4

-.6
-1.2

.9
1.4

.3
-1.2

-.2
1.5

1.2
-.5

.4
4.0

-.4
-.4

-2.2
.9

1.7
1.1

5.6
-1.2

3.7
^4.1

6.2
2.6

2.0
-8.1

18.8
7.1

1.9
1.0

2.5
2.2

.1
-2.4

.3
1.7

-1.2
-.3

4.3
4.5

.5
-1.8

-.8
.5

7.8
.6

3.1

-1.1

2.4

4.3

1.7

.1

.9

-1.0

1.2

-.1

2.6

-.5

.4

2.9

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

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

Intermediate products
Construction supplies
Business supplies

Consumer parts
Equipment parts
Other
Basic metals

Nondurable
Textile
Paper
Chemical
Other

Energy

Primary
Converted fuel

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

Consumer goods excluding:
Autos and trucks
Energy

Business equipment excluding:
Autos and trucks
Computer and office equipment

Materials excluding:
Energy

<1016— Percent changes shown in the first and last columns are based on seasonally adjusted data.




6

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
1995
Nov.

100.0

107.7

122.6

122.8

122.5

123.9

123.4

124.5

121.5

121.0

121.1

123.6

122.9

122.5

85.4

108.2

124.5

124.8

124.5

126.2

125.1

126.8

123.6

121.5

120.7

124.5

124.3

125.2

26.6
58.9

104.8
109.7

117.1
128.0

117.3
128.4

116.7
128.2

116.4
130.8

116.9
129.0

117.3
131.3

116.7
126.9

113.8
125.2

114.1
123.8

115.9
128.6

116.8
127.8

117.5
128.9

45.0
2.0
1.4
2.1

109.3
95.2
99.2
95.3

134.3
104.8
109.8
104.9

134.8
106.9
109.3
104.3

134.9
103.1
109.3
105.5

137.6
103.6
110.4
104.5

135.8
107.2
109.1
103.8

138.9
108.9
109.1
104.4

133.7
103.4
107.7
105.1

132.6
99.9
107.8
100.2

131.2
99.5
105.5
99.3

137.3
101.9
109.7
100.8

136.4
105.9
107.8
102.1

137.8
107.8
107.8
104.1

3.1
1.7
.1
1.4
5.0

101.9
104.7
101.2
98.1
99.0

120.8
126.1
116.4
113.8
114.5

120.0
122.7
118.0
116.2
115.0

121.5
128.1
113.9
113.0
115.6

117.1
119.5
112.5
113.6
117.0

117.0
119.5
114.9
113.4
116.5

118.4
120.3
111.1
115.5
117.0

119.8
124.8
114.8
113.4
114.9

116.7
118.5
112.0
114.0
114.6

121.0
126.4
114.1
113.9
111.3

120.3
123.7
117.1
115.7
114.6

120.0
123.1
118.6
115.7
115.9

8.0
1.8
7.2

124.0
172.6
123.5

186.5
417.8
183.6

190.1
431.7
182.8

191.9
442.9
182.4

196.3
463.3
188.9

198.3
480.0
188.2

199.8
491.5
188.7

181.0
399.5
185.3

186.2
425.7
183.9

183.7
415.3
179.8

195.2
454.1
187.5

198.4
467.3
188.0

196.9
467.7
186.2

372-6,9
38
39

9.5
4.8
2.5
4.7
5.4
1.3

104.8
107.4
102.1
102.3
106.3
106.9

108.6
140.7
129.6
77.7
111.5
123.3

109.7
141.2
131.5
79.4
109.7
123.5

108.3
135.5
123.5
82.2
111.0
122.1

112.2
141.2
132.8
84.3
113.4
124.2

103.0
121.4
109.9
85.4
112.6
124.5

114.9
144.7
135.5
86.3
112.2
123.2

108.7
140.3
129.7
78.3
111.1
127.8

105.4
130.7
114.1
81.1
109.8
124.4

106.2
131.2
116.2
82.2
108.6
118.5

115.8
148.9
144.8
83.9
111.1
121.1

107.4
130.1
122.8
85.5
111.0
123.5

116.0
147.6
142.7
85.6
110.0
122.2

20
21
22
23
26

40.5
9.4
1.6
1.8
2.2
3.6

106.7
106.9
95.8
104.0
95.0
110.0

113.7
114.8
88.9
108.9
92.4
116.2

113.8
114.8
88.4
108.3
91.5
118.2

113.1
114.8
87.1
104.1
89.2
114.9

113.6
116.3
88.3
106.2
91.2
113.5

113.4
116.0
90.1
109.2
89.8
114.9

113.4
116.2
90.6
108.0
90.4
115.6

112.5
114.9
86.9
106.2
93.0
115.4

109.4
111.5
72.4
97.3
91.1
112.6

109.1
109.3
86.1
99.5
85.8
116.9

110.5
110.2
91.3
105.4
89.7
116.0

110.9
110.9
91.7
109.4
88.9
116.0

111.4
111.6
85.8
111.0
88.3
115.8

27
28
29
30
31

6.8
9.9
1.4
3.5
.3

98.1
114.4
102.6
116.2
89.0

99.3
126.0
107.4
140.3
78.2

98.8
126.5
108.9
139.3
76.8

97.9
127.1
108.9
139.0
75.6

98.6
126.2
110.1
139.6
77.2

97.4
125.3
109.6
140.7
76.7

97.7
125.4
110.2
138.6
75.1

97.7
122.5
110.0
139.8
79.6

96.7
120.2
109.6
137.7
77.2

93.4
122.0
101.5
137.2
74.0

94.5
122.5
101.7
139.4
75.2

94.6
122.7
101.9
140.7
75.8

95.7
123.8
107.6
139.0
74.7

10
12
13
14

6.9
.5
1.0
4.8
.6

98.9
163.7
108.2
93.2
99.1

98.3
175.9
109.5
90.1
110.9

98.1
172.8
108.5
90.1
112.4

97.1
159.5
103.3
90.8
108.9

97.6
157.2
108.0
89.7
117.6

100.3
160.9
114.8
91.7
119.1

99.5
160.9
109.5
92.0
115.7

100.4
173.0
109.4
92.9
113.3

99.1
169.9
104.9
92.8
107.1

96.8
154.2
105.4
92.1
93.1

97.6
157.9
115.3
90.2
101.0

99.7
161.3
120.5
91.0
109.3

98.8
163.2
109.9
90.8
115.6

491,3pt
492,3pt

7.7
6.1
1.6

111.9
111.7
112.7

125.4
123.6
132.5

125.1
123.9
129.9

125.6
125.5
125.6

125.7
126.6
121.8

126.5
126.6
126.4

124.3
124.7
122.4

119.5
115.0
137.0

137.3
124.6
187.5

150.7
132.8
221.1

140.4
126.9
193.6

131.0
120.7
171.6

115.2
112.2
127.0

80.6
83.7

108.2
106.3

123.6
119.6

123.9
119.7

123.9
119.3

125.3
120.6

125.4
119.4

125.7
120.9

122.6
118.9

121.0
116.5

120.1
115.8

123.1
119.1

124.0
118.7

123.9
119.7

11.7
6.1
5.6
5.3
0.3

11.9
6.1
5.8
5.5
0.3

11.2
5.7
5.5
5.2
0.3

12.0
6.1
5.9
5.6
0.3

9.9
4.7
5.3
5.0
0.3

12.2
6.3
5.9
5.6
0.3

11.9
6.2
5.7
5.4
0.3

10.0
5.2
4.7
4.5
0.2

11.2
5.7
5.5
5.2
0.3

12.6
6.5
6.2
5.8
0.3

10.8
5.1
5.7
5.4
0.3

13.0
6.7
6.3
6.0
0.3

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

24
25
32

33
Primary metals
331,2
Iron and steel
Raw steel
333-6,9
Nonferrous
34
Fabricated metal products
Industrial machinery
35
and equipment
357
Computer and office equip.
36
Electrical machinery
T ransportation 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
Metafmining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

Seasonally Adjusted
1996
Dec.
Jan.r Feb/ Mar/

Index. 1987=100
__________ Not seasonally adjusted
1995
1996
ADr.P
Nov.
Dec.
Jan/ Feb/ Mar/

1992
Value
SIQ added1 Index

ADr.P

120.9

123.7
113.5
116.9

114.9

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Memo: Motor vehicle assemblies2
Total
Autos
Trucks
Light
Heavy and medium

1. Proportion as a share ot the value added for the total index.
2. 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 machinery and equipment, electrical machinery, transportation equipment, instruments,
and miscellaneous manufactures.




7

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

SIC

1994Q4
to
1995Q4

Seasonallyadjusted
annual rate
1995
1996
Q2
Q3
Q4
Q1r

Seasonallvadiusted
1996
Jan.r Feb/ Mar/ ADr.P

Not seasonally adjusted
1996
Jan/ Feb/
Mar/ ADr.P

Apr. 95
to
ADr. 96

Total index

1.6

-1.4

3.2

.6

2.5

-.2

1.2

-.5

.9

.1

2.1

-.6

-.4

2.6

Manufacturing

1.4

-2.2

2.6

1.4

2.3

-.2

1.3

-.8

1.3

-.7

3.2

-.2

.7

2.7

-1.1
2.5

-4.7
-1.1

-2.1
4.8

.1
2.0

-1.5
4.0

-.5
-.1

-.2
2.0

.5
-1.4

.3
1.7

.2
-1.1

1.6
3.9

.8
-.6

.6
.8

-.8
4.2

3.4 .
-.2
-3.7
.1

-2.0
-9.0
-9.6
-4.5

5.2
6.7
.6
-1.8

3.6
4.7

.1
-3.6
.0
1.2

2.0
.5
1.0

4.8

5.8
-4.3
-1.3
.1

-1.3
3.5
-1.2
-.6

2.3
1.5
.0
.6

-1.0
-.4
-2.2
-.9

4.6
2.4
4.0
1.5

-.6
3.9
-1.7
1.3

1.0
1.9
.0
1.9

5.6
4.8
-2.1
.9

333-6,9
34

-1.7
-2.4
.7
-.7
.9

-6.8
-10.6
-8.3
-1.8
. -4.4

-2.9
-1.9
4.5
-4.1

-1.1
3.6
—4.9
-6.7
6.6

1.2
4.4
-3.4
-2.7

1.2
.7
-3.3
1.8

.5

-3.7
-6.7
-1.3
.5
1.2

-.1
.0
2.1
-.1

2.5

2.1
-.1
1.6
5.0
2.1

.5

3.7
6.7
1.9
.0
-2.8

-.5
-2.1
2.7
1.6
2.9

-.3
-.5
1.2
.0
1.2

.7
.5
-4.3
1.0
-.9

-1.5
-2.6
-3.2
-.2
4.2

35
357
36

12.5
36.2
11.9

6.1
35.4
8.1

10.7
23.9
17.9

18.8
45.0
10.5

20.0
50.1
8.1

1.0
2.6
-.2

2.3
4.6
3.6

1.1
3.6
-.4

.7
2.4
.2

-1.4
-2.4
-2.3

6.3
9.3
4.3

1.6
2.9
.3

-.7
.1
-1.0

14.6
37.9
11.2

37
371

-6.2

-12.9
--18.2
-21.3
-3.9

-2.8

-13.7
-.5
.8
-31.5
-.2
2.4

—4.8
-20.5
-21.9
27.3
5.2
1.9

-1.2
-4.1
-6.1
3.6
1.1
-1.2

3.6
4.2
7.6
2.5
2.2
1.7

-8.2
-14.0
-17.3
1.3
.3

11.5
19.2
23.3
1.1
-.3
-1.1

.7
.4
1.8
1.3
-1.1
-4.8

9.0
13.5
24.6
2.1
2.3
2.2

-7.2
-12.6
-15.2
2.0
-.1
2.0

8.0
13.4
16.2
.1
-.9
-1.1

-.7

-2 .6

1.1
1.9
-3.5
.9
.4

Primary processing
processing

Advanced

Durable
Lumber and products

Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
Raw steel
Noffterrous
Fabricated metal products

33
331,2

Industrial machinery
and equipment
Computer and office equip.
Electrical machinery
T ransportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous

24
25
32

-.9

-A

.6

-.6

.6

-3.1

-.8
-7.9
1.5
-1.4

20
21
22
23
26

-1.0
.4
-6.1
-5.7
-9.0
-3.0

-2.5
2.4
13.6
-8.8
-11.8
.5

-.4
-1.0
4.4
-9.6
-8.9
-5.5

-1.3
-1.4
-19.8
-5.3
-8.9
-4.7

-2.1
2.5
-.2
-10.1
-9.7
-11.7

-.6
.0
-1.5
-3.8
-2.5
-2.8

.5
1.3
1.4
2.0
2.2
-1.2

-.2
-.3
2.0
2.8
-1.4
1.2

.0
.1
.6
-1.1
.6
.6

-.3
-1.9
18.8
2.2
-5.8
3.8

1.3
.8
6.1
5.9
4.5
-.7

.4
.6
.5
3.8
-.9
.1

.4
.7
-6.5
1.5
-.7
-.2

-1.0
.9
-1.5
-7.8
-7.2
-4.7

27
28
29
30
31

-1.9
2.4
.2
-.5
-9.2

-3.9
-4.2
-1.1
-7.2
-13.9

3.5
2.0
4.5
-.6
-10.6

-3.0
5.9
-5.2
3.0
-8.5

-4.2
-.6
6.9
.1
-8.4

-.9
.5
.0
-.2
-1.6

.6
-.7
1.1
.4
2.2

-1.2
-.7
-.5
.8
-.6

.3
.1
.5
-1.5
-2.1

-3.4
1.5
-7.4
-.4
-4.1

1.2
.5
.2
1.6
1.7

.1
.2
.1
.9
.8

1.2
.8
5.6
-1.2
-1.5

-1.5
1.6
2.2
-1.6
-9.1

10
12
13
14

-1.8
8.0
-3.1
-3.0
2.0

.4
1.2
-10.9
3.6
-3.5

-1.8
16.7
9.4
-6.5
3.2

-7.7
9.6
-13.9
-8.5
-3.1

.5
-32.6
-4.9
4.3
12.4

-1.1
-7.7
-4.8
.7
-3.1

.5
-1.4
4.6
-1.1
7.9

2.8
2.4
6.3
2.2
1.3

-.8
.0
—4.6
.3
-2.8

-2.3
-9.3
.5
-.8
-13.0

.8
2.4
9.4
-2.0
8.5

2.2
2.1
4.4
.9
8.3

-1.0
1.2
-8.8
-.2
5.7

-1.1
-2.2
-2.5
-1.2
2.6

491,3pt
492,3pt

6.2
5.1
10.5

8.0
5.3
19.3

14.2
16.0
7.5

-2.1
-3.9
5.3

6.1
8.4
-2.3

.4
1.3
-3.3

.1
.9
-3.0

.7
-.1
3.8

-1.8
-1.5
-3.1

9.7
6.6
17.9

-6.8
-4.5
-12.4

-6.7
-4.9
-11.3

-12.1
-7.0
-26.0

4.6
4.9
3.4

1.7
.3

-1.0
-3.4

2.8
1.9

1.6
-.1

4.0
.4

.0
-.4

1.1
1.2

.1
-1.0

.3
1.2

-.8
-.6

2.5
2.9

.7
-.3

.0
.8

2.8
1.3

372-6,9
38
39

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

Minina
Metalmining
Coal mining
Oil and gas extraction
Stone and earth minerals

Utilities
Electric
Gas

.6

— 4.8

-2.7
-11.8

-.6

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.




8

Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1995
ProDortion

1967­
1995
Ave.

1973
Hiah

1978­
1980
Hiah

1982
Low

1988­
1989
Hiah

1990­
1991
Low

1995
ADr.

1995
Nov.

Dec.

1996
Jan.r

Feb.r

Mar/

Acr.P

Total industry

100.0

82.1

89.2

87.3

71.8

84.9

78.0

84.0

83.0

82.9

82.4

83.1

82.5

83.0

Manufacturing

87.3

81.4

88.9

87.3

70.0

85.2

76.6

83.4

82.0

81.9

81.4

82.2

81.2

82.0

Primary processing
Advanced processing

25.2
62.1

82.6
80.7

92.2
87.5

89.7
86.3

66.8
71.4

89.0
83.5

77.9
76.1

88.2
81.3

86.0
80.3

86.0
80.2

85.4
79.7

85.0
81.0

85.2
79.6

85.3
80.6

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

48.8
1.8
1.4
2.1

79.3
83.3
81.9
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

84.0
93.3
86.8
83.8

73.7
76.1
72.2
71.0

83.0
87.8
83.3
79.5

81.8
86.7
81.2
79.8

81.7
88.1
80.8
79.2

81.3
84.8
80.7
79.9

82.5
85.1
81.3
79.0

81.0
87.9
80.2
78.3

82.4
89.1
80.0
78.6

33
331,2

80.9
80.6
80.2
81.7
73.5
88.6

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

92.8
95.7
92.7
88.7
85.9
100.4

74.2
72.0
71.5
75.2
73.6
97.3

94.0
93.5
94.7
94.6
83.3
79.4

93.3
94.5
94.2
91.8
86.3
82.6

92.6
91.8
95.3
93.5
81.3
84.0

93.5
95.6
91.7
90.7
90.1
84.4

89.8
88.9
90.3
91.0
83.7
85.1

89.5
88.6
91.9
90.7
82.5
85.2

90.4
88.9

333-6,9
3331
3334

2.9
1.6
.1
1.3
.1
.1

92.2
84.9
85.0

34

5.1

77.8

87.8

83.9

62.9

82.0

71.3

83.2

83.8

84.0

84.3

85.1

84.7

84.9

35
357
36

9.7
3.2
8.8

81.2
80.7
80.8

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

84.0
84.4
84.9

71.8
64.5
77.0

87.8
87.0
86.3

88.0
88.7
85.8

88.8
89.9
84.4

88.8
90.3
83.2

90.0
92.5
85.2

90.1
93.7
83.9

89.9
93.9
83.1

37
371

75.1
76.2

83.8
93.4

372-6,9
38
39

10.3
5.8
2.9
4.5
5.3
1.5

75.2
81.8
75.5

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

84.4
85.1
89.1
88.4
81.2
80.1

69.7
56.6
53.3
78.8
76.8
73.0

76.1
82.4
83.6
68.1
78.4
74.8

70.6
78.5
80.2
60.1
78.2
73.5

71.2
78.4
81.2
61.5
76.9
73.4

70.2
75.0
76.1
63.8
77.7
72.3

72.6
77.9
81.7
65.6
79.3
73.3

66.6
66.8
67.5
66.5
78.7
73.3

74.2
79.3
83.2
67.3
78.4
72.3

20
22
23
26
261-3
27

38.5
9.1
1.7
2.2
3.2
1.3
6.3

83.5
82.3
86.2
80.9
89.8
92.4
86.1

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

86.7
83.3
92.1
84.2
94.8
98.1
92.3

80.3
80.8
78.8
75.0
86.7
90.1
79.0

83.7
82.7
90.2
77.4
92.3
95.8
80.4

82.2
81.7
82.0
72.4
86.8
88.6
80.7

82.1
81.6
81.2
71.6
88.1
88.7
80.3

81.4
81.5
78.0
69.7
85.3
88.1
79.6

81.7
82.5
79.4
71.2
84.1
87.9
80.1

81.5
82.1
81.6
70.2
85.0
87.3
79.2

81.4
82.1
80.6
70.6
85.3
87.6
79.5

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

9.9
.7
.4
1.2
3.4
.2

79.8
86.2
85.2
86.0
84.5
82.3

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

79.0
74.8
77.6
84.6
78.0
76.0

80.0
93.5
88.5
92.9
92.6
82.3

80.5
90.3
89.1
92.1
90.5
79.2

80.6
89.6
88.3
93.3
89.6
77.9

80.8
90.8
86.3
93.3
89.2
76.9

80.1
91.3
83.8
94.3
89.4
78.7

79.4

79.3

85.1
93.7
89.9
78.4

94.2
88.3
76.8

10
12
13
138
14

5.7
.4
.9
3.9
.6
.5

87.4
78.7
86.9
88.2
72.6
84.6

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

86.5
87.9
91.4
86.1
60.7
90.0

86.1
80.0
83.4
86.8
53.7
79.4

89.9
85.1
85.2
91.1
73.1
91.8

87.9
90.4
82.6
88.6
69.1
88.7

87.7
88.8
81.7
88.6
69.8
89.7

86.8
81.8
77.7
89.4
71.0
86.7

87.3
80.6
81.2
88.4
75.0
93.5

89.7
82.4
36.2
90.5
80.7
94.5

89.0
82.4
82.2
90.8
84.4
91.6

491,3pt
492,3pt

6.9
5.4
1.5

86.9
89.0
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
86.7
68.3

88.2
90.1
81.5

92.5
93.0
90.8

92.2
93.1
89.0

92.4
94.2
86.0

92.4
94.9
83.3

92.9
94.7
86.4

91.1
93.2
83.6

Item

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
T ransportation 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

SIC

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 machinery and equipment, electrical machinery, transportation equipment, instruments,
and miscellaneous manufactures.




Table 4
INDUSTRIAL CAPACITY: M ANUFACTURING, MINING, AND U TILITIES

Item

SIC

Percent change
December to December
Annual rate
1967­ 1967­ 1975­
1975
1995
1995
Ave. 1992 1993 1994 1995 1996P
Ave.
Ave.

1995
ADr.

1995
Nov.

Dec.

1996
Jan.

Feb.

Mar.

A o r.

4.0

144.5

147.7

148.2

148.7

149.1

149.6

150.1

Capacity Indexes

Total industry

2.9

3.7

2.5

2.1

2.1

3.2

3.8

Manufacturing

3.3

3.9

3.0

2.5

2.5

3.6

4.3

4.5

148.2

151.9

152.4

153.0

153.5

154.0

154.6

134.0
155.0

136.1
159.5

136.4
160.1

136.7
160.8

136.9
161.5

137.2
162.1

137.5
162.8

Primary processing ,
Advanced processing

2.2
3.8

4.0
3.9

1.4
3.8

1.4
2.9

1.5
2.9

2.2
4.2

2.6
4.9

2.4

Durable

3.6
1.7
3.0
1.3

3.7
2.9
4.5

2.5
.7
1.0
.7

3.1
1.2
1.9
.2

4.8
.8
1.9
1.0

6.1
3.5
1.7
1.8

6.6
2.3
2.4
2.8

158.5
118.4
133.8
130.1

164.2
120.9
135.1
131.5

165.0
121.2
135.3
131.7

165.9
121.5
135.5
132.0

166.7
121.7
135.8
132.3

167.6
122.0
136.1
132.6

168.5
122.2
136.4
132.9

25

3.6
1.3
2.3
.8

333-6,9
3331
3334

.0
-.7
-1.1
1.3
.3
1.3

1.7
.7
.3
3.6
1.8
5.2

-.7
-1.4
-1.7
.4
-.4
-.4

-1.2
-2.4
-3.1
.4
7.8
.3

-.2
-.8
-4.3
.5
5.0
.5

2.0
3.1
1.4
.6
-1.2
.0

2.1
1.8
3.3
2.4
2.5
.0

3.2
3.8
4.0
2.4
-.9
.0

127.9
132.2
121.2
122.2
157.3
125.0

129.5
133.5
123.5
124.0
159.8
125.0

129.7
133.7
123.8
124.3
160.2
125.0

130.0
134.0
124.2
124.5
160.3
125.0

130.3
134.4
124.6
124.8
160.2
125.0

130.7
134.9
125.0
125.0
160.0
125.0

131.0
135.3
125.4
125.3
159.9
125.0

34

1.6

3.1

1.0

.4

1.1

1.9

2.2

2.0

134.9

136.7

136.9

137.1

137.4

137.6

137.8

and equipment
Computer and office equip.
Electrical machinery

35
357
36

6.7
20.7
5.9

4.7
12.0
6.1

7.6
24.8
5.9

4.0
14.0
6.5

6.0
9.0
19.1 - 25.5
7.4
9.9

11.6
26.9
15.2

12.5
29.5
15.6

198.7 212.0
409.7 470.9
196.6 213.9

214.0
480.3
216.5

216.0
490.4
219.2

218.1
501.1
221.8

220.2
512.1
224.4

222.3
523.3
227.1

Transportation equipment
Motor vehicles and parts
Autos and light trucks*1
Aerospace and misc.
Instruments
Miscellaneous

37
371

2.6
3.4

3.0
4.5

2.5
2.9

372-6,9
38
39

1.7
4.8
2.5

1.3
7.6
4.4

1.9
3.6
1.6

2.1
3.8
2.5
.3
1.3
5.0

1.9
4.6
2.7
-.9
.9
3.6

3.5
6.8
6.1
-.2
.9
3.9

2.0
5.5
2.9
-2.4
.9
4.0

1.5
3.8
1.6
-1.7
1.0
3.8

152.1
173.7
159.0
131.2
141.9
163.9

153.9
179.2
161.6
129.3
142.6
167.7

154.1
180.0
162.0
129.0
142.7
168.3

154.4
180.7
162.3
128.8
142.9
168.8

154.6
181.3
162.5
128.6
143.0
169.3

154.7
181.8
162.7
128.4
143.1
169.9

154.9
182.4
162.9
128.3
143.2
170.4

20
22
23
26
261-3
27

2.9
2.5
2.3
1.5
2.8
2.4
2.9

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.3
1.4
1.1
2.3
2.1
2.8

2.4
2.2
2.6
2.4
2.2
2.2
1.0

1.7
2.1
3.4
2.5
2.2
1.7
-1.0

2.2
2.0
3.1
.9
2.1
1.4
1.8

1.9
1.7
3.7
2.3
3.3
3.3
-.2

1.6
1.6
1.7
.3
2.8
2.2
-.6

136.9
139.2
130.0
125.9
131.4
126.1
123.3

138.4
140.5
132.8
127.6
133.9
128.6
123.1

138.6
140.7
133.2
127.9
134.3
129.0
123.1

138.8
140.9
133.5
128.0
134.6
129.3
123.1

139.0
141.1
133.7
128.0
134.9
129.5
123.0

139.2
141.3
133.9
128.1
135.2
129.7
123.0

139.4
141.4
134.1
128.1
135.5
129.9
122.9

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

3.8
6.5
4.2
1.5
5.5
-3.3

6.8
12.7
9.7
4.2
8.6
-1.5

2.5
3.8
1.8
.3
4.1
-4.1

4.1
1.1
5.0
-1.3
4.2
-2.6

2.5
.4
1.5
-.5
4.1
-2.2

2.2
3.3
3.6
.3
4.7
-2.6

2.4
5.0
3.5
.6
3.3
-2.8

2.6
3.7
2.4
.9
3.1
-2.4

154.3
133.2
135.0
116.1
152.1
100.4

156.5
137.1
137.7
116.6
154.9
98.8

156.9
137.7
138.0
116.6
155.4
98.5

157.2
138.2
138.4
116.7
155.8
98.3

157.5
138.6
138.6
116.8
156.2
98.1

157.9
139.0
138.9
116.9
156.6
97.9

158.2
139.4
139.2
117.0
157.0
97.7

10
12
13
138
14

.0
1.4
2.4
-.6
.3
1.0

-.1
.7
2.5
-1.0
.8
2.6

.1
1.6
2.4
-.4
.1
.3

-1.2
2.5
.9
-2.3
-8.2
.6

-.9
1.6
1.1
-1.9
-6.2
.9

-.1
-.6
1.1
-.5
-1.0
1.6

-.1
1.1
1.1
-.9
-2.4
3.1

-.1
.9
1.1
-.9
-2.5
2.4

112.0
193.3
131.8
102.2
122.1
122.7

111.9
194.6
132.7
101.7
120.4
124.9

111.9
194.7
132.8
101.6
120.1
125.3

111.9
194.9
132.9
101.6
119.9
125.6

111.9
195.0
133.0
101.5
119.6
125.8

111.9
195.2
133.2
101.4
119.4
126.0

111.8
195.3
133.3
101.3
119.1
126.3

491,3pt
492,3pt

2.8
3.9
.3

6.0
7.8
2.3

1.4
2.2
-.6

1.2
1.5
.0

.5
.6
.2

.5
.4
.5

1.1
1.2
.7

1.5
1.6
1.1

134.7
132.0
145.3

135.6
133.0
145.9

135.7
133.1
146.0

135.8
133.2
146.1

136.0
133.4
146.2

136.2
133.6
146.3

136.3
133.8
146.5

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

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products

33
331,2

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

Mining
Metalmining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals

Utilities
Electric
Gas

.

p. Preliminary estimate for current year.
1. Series begins in 1977.




10

R e v is io n S u m m a r y
C A P A C IT Y U T IL IZ A T IO N A N D C A P A C IT Y
Difference between
revised and earlier
(percentage points)

Revised
Utilization

Capacity
Growth
1995
1996

95Q1

95Q2

95Q3

95Q4

96Q1

84.8

83.7

83.6

82.9

82.7

3.8

Primary processing
Advanced processing

84.3
89.3
82.2

83.0
87.6
81.0

82.6
86.6
80.9

82.0
86.1
80.3

81.6
85.2
80.1

Durable
Nondurable

84.1
84.4

82.5
83.5

82.3
83.0

81.7
82.3

89.8
88.0

89.9
89.5

89.5
92.3

87.8
91.5

Item

Total industry
Manufacturing

Mining
Utilities

Utilization

Capacity
Growth
1995 1996

95Q1

95Q2

95Q3

95Q4

96Q1

4.0

.0

.0

.1

.1

.0

-.1

.5

4.3
2.6
4.9

4.5
2.4
5.3

.0
.0
.0

.0
.1
.0

.0
.1
.0

.1
.2
.0

-.1
.0
-.1

-.1
-.2
.0

.5
.4
.5

81.6
81.5

6.1
1.9

6.6
1.6

-.1
.1

-.2
.2

-:3
.4

-.4
.6

-.5
.5

.5
-.8

1.3
-.6

87.9
92.6

-.1
1.1

-.1
1.5

.0
.0

.1
.0

.1
.0

.1
.0

-.1
.6

-.2
.0

-.2
.5

Note: Capacity growth columns contain percentage increases from December to December.

T a b le 3 A
C A P A C I T Y U T I L I Z A T I O N : M A N U F A C T U R I N G , M IN IN G , A N D U T I L I T I E S
Percent of capacity, seasonally adjusted
1995
A dc
Mav
June
SIC
Jan.
Feb.
Mar.
Item

Julv

Aua.

Sent.

Oct.

Nov.

Dec.

Total industry

85.1

84.7

84.6

84.0

83.7

83.5

83.3

83.9

83.7

83.0

83.0

82.9

Manufacturing

84.6

84.2

84.0

83.4

82.8

82.7

82.4

82.7

82.8

82.2

82.0

81.9

Primary processing
Advanced processing

89.7
82.5

89.3
82.0

88.9
81.9

88.2
81.3

87.8
80.8

87.0
80.8

86.7
80.6

86.2
81.2

86.9
81.1

86.1
80.5

86.0
80.3

86.0
80.2

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

84.4
91.3
85.4
81.5

84.2
89.2
86.1
80.8

83.8
88.1
84.8
80.6

83.0
87.8
83.3
79.5

82.3
85.7
82.7
79.9

82.1
86.5
82.9
79.5

81.7
86.9
82.7
79.0

82.4
86.6
82.4
78.7

82.7
88.4
83.1
79.2

81.7
87.7
82.2
79.6

81.8
86.7
81.2
79.8

81.7
88.1
80.8
79.2

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

333-6,9
3331
3334

95.5
95.3
95.6
95.6
86.2
78.9

94.8
94.8
96.6
94.7
83.6
78.8

95.0
95.3
96.7
94.6
86.2
78.8

94.0
93.5
94.7
94.6
83.3
79.4

93.3
93.0
93.0
93.7
79.8

91.5
89.9
92.6
93.6
82.4
80.3

92.0
89.8
91.3
94.8
82.7
80.9

89.6
88.6
93.2
90.8
83.8
81.2

93.8
95.4
96.5
91.7
77.0
82.2

89.5
86.3
90.4
93.6
86.0
81.6

93.3
94.5
94.2
91.8
86.3
82.6

92.6
91.8
95.3
93.5
81.3
84.0

34

85.1

85.5

84.9

83.2

84.1

84.0

82.9

84.1

84.5

83.6

83.8

84.0

35
357
36

88.6
84.0
87.8

88.1
85.1
87.3

87.6
85.5
87.2

87.8
87.0
86.3

87.1
86.6
86.0

86.2
85.2
85.9

86.2
85.5
86.2

87.1
85.6
86.7

87.2
86.2
86.6

87.5
87.3
86.3

88.0
88.7
85.8

88.8
89.9
84.4

37
371
372-6,9
38
39

77.8
85.9
86.8
67.8
78.3
76.1

78.1
86.2
87.5
68.1
78.0
76.2

77.7
85.3
86.9
68.1
78.2
75.5

76.1
82.4
83.6
68.1
78.4
74.8

74.3
79.6
79.9
67.6
77.2
74.3

74.3
79.7
80.9
67.5
78.0
74.6

73.0
77.7
77.6
67.2
77.5
73.4

74.5
80.4
82.0
67.0
78.3
73.7

74.4
80.7
82.6
66.2
78.1
73.8

71.1
78.3
79.6
61.8
78.2
73.1

70.6
78.5
80.2
60.1
78.2
73.5

71.2
78.4
81.2
61.5
76.9
73.4

20
22
23
26
261-3
27

84.9
83.6
91.0
80.4
92.9
96.3
81.1

84.2
82.3
89.7
79.6
92.6
96.1
81.3

84.2
82.7
89.6
79.1
92.4
96.2
80.5

83.7
82.7
90.2
77.4
92.3
95.8
80.4

83.5
83.1
87.1
77.3
93.0
97.8
80.3

83.3
83.2
84.4
75.6
90.8
95.1
80.0

83.1
82.5
83.7
74.8
91.6
96.3
80.3

83.0
82.5
85.4
74.5
89.3
93.8
81.6

82.9
82.4
83.7
74.3
89.0
91.3
81.0

82.7
82.2
83.9
73.2
89.7
93.1
80.3

82.2
81.7
82.0
72.4
86.8
88.6
80.7

82.1
81.6
81.2
71.6
88.1
88.7
80.3

82.3
100.6
93.2
92.9
94.0
84.4
89.8
85.2
88.2
90.2
71.3
92.9
87.3
89.7
78.8

81.1
95.6
93.9
93.1
93.8
84.3
90.0
85.8
87.5
90.8
72.4
91.1
88.2
90.4
80.2

81.1
93.3
95.9
94.0
93.0
85.2
89.6
85.2
86.6
90.1
71.3
93.3
88.6
90.7
81.3

80.0
93.5
88.5
92.9
92.6
82.3
89.9
85.1
85.2
91.1
73.1
91.8
88.2
90.1
81.5

80.2
91.9
91.9
92.4
90.6
82.8
89.7
84.9
84.0
91.4
74.3
90.3
90.6
91.7
86.3

80.3
90.2
90.4
93.4
90.1
81.2
90.2
86.1
85.0
91.7
71.4
90.7
89.7
91.6
82.9

79.9
87.9
86.4
93.7
89.8
78.9
90.0
88.8
88.5
90.1
72.8
91.8
90.8
92.3
85.5

80.0
85.4
85.5
93.2
90.2
81.2
89.3
88.7
82.9
90.7
73.9
90.0
95.3
98.1
85.4

80.4
88.7
88.2
94.5
90.7
81.1
89.3
87.9
87.7
89.5
73.1
91.0
90.7
92.5
84.0

81.1
89.4
88.5
91.8
90.4
80.5
87.8
91.7
84.7
87.6
69.2
90.2
89.8
93.1
77.9

80.5
90.3
89.1
92.1
90.5
79.2
87.9
90.4
82.6
88.6
69.1
88.7
92.5
93.0
90.8

80.6
89.6
88.3
93.3
89.6
77.9
87.7
88.8
81.7

Fabricated metal products
Industrial machinery
and equipment
Computer and office equip.
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous

33
331,2

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

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

Mining
Metafmining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals

10
12
13
138
14

Utilities
Electric
Gas

491,3pt
492,3pt

1. Series begins in 1977.



11

8 8 .2

8 8 .6

69.8
89.7
92.2
93.1
89.0

Table 4A
INDUSTRIAL CAPACITY: M ANUFACTUR ING, MINING, AND U TILITIES
Capacity indexes
Percent of 1987 outm it
1995
Jan.

Feb.

Mar.

ADr.

Mav

June

Julv

Aua.

SeDt.

Oct.

Nov.

Dec.

Total industry

143.2

143.6

144.1

144.5

145.0

145.4

145.9

146.3

146.8

147.2

147.7

148.2

Manufacturing

146.7

147.2

147.7

148.2

148.7

149.2

149.7

150.2

150.8

151.3

151.9

152.4

134.9
156.9

135.2
157.5

135.5
158.1

135.8
158.8

136.1
159.5

136.4
160.1

Item

SIC

Primary processing
Advanced processing

133.1
153.2

133.4
153.8

133.7
154.4

134.0
155.0

134.3
155.6

134.6
156.2

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

156.2
117.3
133.2
129.5

156.9
117.7
133.4
129.7

157.7
118:0
133.6
129.9

158.5
118.4
133.8
130.1

159.2
118.7
134.0
130.3

160.0
119.1
134.2
130.5

160.8
119.4
134.4
130.7

161.6
119.8
134.6
130.9

162.5
120.1
134.7
131.1

163.3
120.5
134.9
131.3

164.2
120.9
135.1
131.5

165.0
121.2
135.3
131.7

33
331,2
333-6,9
3331
3334

127.2
131.6
120.2
121.5
156.3
125.0

127.5
131.8
120.5
121.7
156.6
125.0

127.7
132.0
120.8
122.0
157.0
125.0

127.9
132.2
121.2
122.2
157.3
125.0

128.1
132.4
121.5
122.5
157.7
125.0

128.3
132.5
121.8
122.7
158.0
125.0

128.6
132.7
122.2
123.0
158.4
125.0

128.8
132.9
122.5
123.3
158.8
125.0

129.0
133.1
122.8
123.5
159.1
125.0

129.2
133.3
123.2
123.8
159.5
125.0

129.5
133.5
123.5
124.0
159.8
125.0

129.7
133.7
123.8
124.3
160.2
125.0

34

134.2

134.5

134.7

134.9

135.2

135.4

135.7

135.9

136.2

136.4

136.7

136.9

35
357
36

193.4
386.0
189.8

195.1
393.7
192.0

196.9
401.7
194.3

198.7
409.7
196.6

200.5
417.9
199.0

202.3
426.3
201.4

204.2
434.9
203.8

206.1
443.6
206.3

208.0
452.5
208.8

210.0
461.6
211.3

212.0
470.9
213.9

214.0
480.3
216.5

37
371
372-6,9
38
39

151.4
171.4
158.0
132.1
141.6
162.4

151.6
172.2
158.4
131.8
141.7
162.9

151.9
172.9
158.7
131.5
141.8
163.4

152.1
173.7
159.0
131.2
141.9
163.9

152.4
174.4
159.4
130.9
142.0
164.5

152.6
175.2
159.7
130.7
142.1
165.0

152.8
176.0
160.1
130.4
142.2
165.5

153.1
176.8
160.5
130.1
142.3
166.1

153.4
177.6
160.8
129.8
142.4
166.6

153.6
178.4
161.2
129.5
142.5
167.2

153.9
179.2
161.6
129.3
142.6
167.7

154.1
180.0
162.0
129.0
142.7
168.3

20
22
23
26
261-3
27

136.2
138.6
128.8
125.1
130.3
125.1
123.4

136.4
138.8
129.2
125.4
130.6
125.4
123.4

136.6
139.0
129.6
125.6
131.0
125.8
123.3

136.9
139.2
130.0
125.9
131.4
126.1
123.3

137.1
139.4
130.4
126.1
131.7
126.5
123.3

137.3
139.5
130.8
126.4
132.1
126.8
123.3

137.5
139.7
131.2
126.6
132.4
127.2
123.2

137.7
139.9
131.6
126.9
132.8
127.5
123.2

138.0
140.1
132.0
127.1
133.2
127.9
123.2

138.2
140.3
132.4
127.4
133.5
128.3
123.2

138.4
140.5
132.8
127.6
133.9
128.6
123.1

138.6
140.7
133.2
127.9
134.3
129.0
123.1

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

153.4
131.6
133.8
116.0
150.8
101.1

153.7
132.1
134.2
116.0
151.2
100.9

154.0
132.7
134.6
116.1
151.6
100.6

154.3
133.2
135.0
116.1
152.1
100.4

154.7
133.8
135.3
116.2
152.5
100.2

155.0
134.3
135.7
116.3
152.9
99.9

155.3
134.9
136.1
116.3
153.3
99.7

155.6
135.4
136.5
116.4
153.7
99.5

155.9
136.0
136.9
116.5
154.1
99.2

156.2
136.6
137.3
116.5
154.5
99.0

156.5
137.1
137.7
116.6
154.9
98.8

156.9
137.7
138.0
116.6
155.4
98.5

10
12
13
138
14

112.0
192.7
131.5
102.5
122.9
121.8

112.0
192.9
131.6
102.4
122.6
122.1

112.0
193.1
131.7
102.3
122.4
122.4

112.0
193.3
131.8
102.2
122.1
122.7

112.0
193.5
132.0
102.2
121.9
123.0

111.9
193.7
132.1
102.1
121.6
123.4

111.9
193.8
132.2
102.0
121.4
123.7

111.9
194.0
132.3
101.9
121.1
124.0

111.9
194.2
132.4
101.9
120.9
124.3

111.9
194.4
132.6
101.8
120.6
124.6

111.9
194.6
132.7
101.7
120.4
124.9

111.9
194.7
132.8
101.6
120.1
125.3

491,3pt
492,3pt

134.3
131.6
145.0

134.4
131.7
145.1

134.6
131.8
145.2

134.7
132.0
145.3

134.8
132.1
145.4

134.9
132.3
145.5

135.1
132.4
145.5

135.2
132.5
145.6

135.3
132.7
145.7

135.4
132.8
145.8

135.6
133.0
145.9

135.7
133.1
146.0

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 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.




12

Table 5A
I N D U S T R I A L P R O D U C T I O N , C A P A C I T Y A N D U T I L I Z A T I O N F O R T O T A L IN D U S T R Y : H I S T O R I C A L D A T A
Seasonally adjusted
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1984
1985
1986
1987
1988

2.0
.4
.5
-.3
.3

-.1
.7
-.7
1.4
.2

1.0
.3
-.9
.4
.0

.6
.4
.2
.5
.8

.7
.2
.0
.6
-.3

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

.4
-.3
.5
.4
.6

.1
.5
.2
.3
.6

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

-.7
-.8
.7
1.3
.3

.0
.4
.7
.1
.6

-.6
1.0
.6
.7
.6

11.2
2.4
2.4
5.5
3.8

7.7
3.8
-3.4
8.1
3.0

4.0
.1
1.3
5.2
2.9

-3.4
1.2
5.8
6.5
3.0

9.3
1.7
.9
4.9
4.4

1989
1990
1991
1992
1993

.3
-.5
-.5
-.1
.3

-.5
.5
-1.0
.6
.4

.9
.3
-.8
.9
.0

.0
-.7
.3
.7
.2

-.3
.7
.8
.5
-.5

-.3
.2
1.1
-.3
.2

-1.0
-.2
.2
.8
.6

.5
.3
.3
-.2
.0

-.4
.0
.8
.2
.7

-.4
-.5
.1
.7
.1

.4
-1.3
-.1
.6
.7

.7
-.4
-.5
.2
.9

3.9
2.1
-8.4
.8
3.7

.3
1.1
1.1
7.0
.5

-4.4
1.6
6.7
3.1
3.2

-.2
-5.2
2.0
4.9
5.5

1.5
.0
-1.8
3.4
3.5

1994
1995
1996

.4
.3
-.2

.8
-.1
1.2

.8
.1
-.5

.3
-.4
.9

.5
.0

.5
.1

.2
.1

.5
1.0

.7
-.5

.5
.3

.8
.2

8.4
3.9
2.5

7.0
-1.4

4.6
3.2

6.4
.6

5.9
3.2

Industrial
Production
1984
1985
1986
1987
1988

91.0
93.1
96.1
96.5
103.2

90.9
93.8
95.5
97.9
103.4

91.9
94.1
94.6
98.2
103.4

92.4
94.5
94.8
98.8
104.3

93.0
94.7
94.7
99.4
104.0

93.5
94.4
94.3
100.3
104.0

93.9
94.1
94.8
100.6
104.6

94.0
94.5
94.9
100.9
105.2

93.9
95.0
95.0
100.7
104.7

93.2
94.2
95.6
102.1
105.0

93.3
94.6
96.3
102.2
105.6

92.8
95.6
96.8
102.8
106.3

91.3
93.6
95.4
97.5
103.3

93.0
94.5
94.6
99.5
104.1

93.9
94.6
94.9
100.8
104.8

93.1
94.8
96.2
102.3
105.6

92.8
94.4
95.3
100.0
104.4

1989
1990
1991
1992
1993

106.6
105.5
104.0
105.0
110.4

106.2
106.1
102.9
105.6
110.8

107.1
106.4
102.1
106.5
110.8

107.1
105.7
102.4
107.3
111.1

106.7
106.5
103.2
107.8
110.6

106.4
106.7
104.3
107.5
110.8

105.3
106.5
104.5
108.4
111.4

105.8
106.8
104.8
108.2
111.4

105.4
106.8
105.7
108.4
112.2

105.0
106.3
105.8
109.2
112.3

105.4
105.0
105.6
109.8
113.1

106.1
104.5
105.1
110.0
114.1

106.6
106.0
103.0
105.7
110.7

106.7
106.3
103.3
107.5
110.8

105.5
106.7
105.0
108.3
111.7

105.5
105.3
105.5
109.7
113.2

106.0
106.0
104.2
107.7
111.5

1994
1995
1996

114.6
121.8
122.5

115.5
121.7
123.9

116.4
121.9
123.4

116.8
121.4
124.5

117.5
121.3

118.1
121.4

118.4
121.5

118.9
122.7

119.1
122.8

119.9
122.2

120.5
122.6

121.5
122.8

115.5
121.8
123.3

117.5
121.4

118.8
122.3

120.6
122.5

118.1
121.9

Capacity
1984
1985
1986
1987
1988

113.3
116.0
119.2
121.6
123.9

113.5
116.2
119.4
121.8
124.1

113.7
116.5
119.6
122.0
124.2

113.9
116.8
119.8
122.2
124.4

114.2
117.1
120.0
122.4
124.5

114.4
117.3
120.2
122.6
124.7

114.6
117.6
120.4
122.8
124.8

114.8
117.9
120.6
123.0
125.0

115.0
118.2
120.8
123.2
125.1

115.3
118.4
121.0
123.4
125.3

115.5
118.7
121.2
123.6
125.4

115.7
119.0
121.4
123.8
125.5

113.5
116.2
119.4
121.8
124.1

114.2
117.1
120.0
122.4
124.5

114.8
117.9
120.6
123.0
125.0

115.5
118.7
121.2
123.6
125.4

114.5
117.5
120.3
122.7
124.7

1989
1990
1991
1992
1993

125.7
128.1
130.5
132.9
135.8

125.9
128.3
130.7
133.2
136.0

126.1
128.5
130.9
133.4
136.3

126.3
128.7
131.1
133.6
136.5

126.5
128.9
131.3
133.9
136.7

126.7
129.1
131.5
134.1
137.0

126.9
129.3
131.7
134.3
137.2

127.1
129.5
131.9
134.6
137.5

127.3
129.7
132.1
134.8
137.7

127.5
129.9
132.3
135.1
137.9

127.7
130.1
132.5
135.3
138.2

127.9
130.3
132.7
135.5
138.4

125.9
128.3
130.7
133.2
136.0

126.5
128.9
131.3
133.9
136.7

127.1
129.5
131.9
134.6
137.5

127.7
130.1
132.5
135.3
138.2

126.8
129.2
131.6
134.2
137.1

1994
1995
1996

138.7
143.2
148.7

139.1
143.6
149.1

139.5
144.1
149.6

139.8
144.5
150.1

140.2
145.0

140.5
145.4

140.9
145.9

141.3
146.3

141.7
146.8

142.0
147.2

142.4
147.7

142.8
148.2

139.1
143.6
149.1

140.2
145.0

141.3
146.3

142.4
147.7

140.8
145.7

80.4
80.3
80.6
79.3
83.2

80.1
80.7
79.9
80.3
83.3

80.8
80.7
79.1
80.5
83.2

81.1
80.9
79.1
80.8
83.8

81.5
80.9
78.9
81.2
83.5

81.8
80.5
78.4
81.8
83.4

81.9
80.0
78.7
81.9
83.8

81.8
80.2
78.7
82.0
84.2

81.6
80.4
78.7
81.8
83.7

80.9
79.6
79.1
82.7
83.8

80.8
79.7
79.4
82.7
84.2

80.2
80.4
79.8
83.1
84.6

80.4
80.6
79.9
80.1
83.3

81.4
80.7
78.8
81.3
83.6

81.8
80.2
78.7
81.9
83.9

80.6
79.9
79.4
82.8
84.2

81.1
80.3
79.2
81.5
83.7

1989
1990
1991
1992
1993

84.8
82.4
79.7
78.9
81.3

84.3
82.7
78.7
79.3
81.5

84.9
82.8
78.0
79.9
81.4

84.8
82.1
78.1
80.3
81.4

84.3
82.6
78.6
80.5
80.9

83.9
82.6
79.3
80.2
80.9

83.0
82.4
79.4
80.7
81.2

83.3
82.5
79.4
80.4
81.1

82.8
82.4
80.0
80.4
81.5

82.3
81.8
79.9
80.8
81.4

82.5
80.7
79.7
81.2
81.8

82.9
80.2
79.2
81.2
82.4

84.7
82.6
78.8
79.4
81.4

84.3
82.5
78.7
80.3
81.0

83.0
82.4
79.6
80.5
81.2

82.6
80.9
79.6
81.0
81.9

83.7
82.1
79.2
80.3
81.4

1994
1995
1996

82.6
85.1
82.4

83.0
84.7
83.1

83.5
84.6
82.5

83.6
84.0
83.0

83.8
83.7

84.0
83.5

84.0
83.3

84.2
83.9

84.0
83.7

84.4
83.0

84.6
83.0

85.1
82.9

83.0
84.8
82.7

83.8
83.7

84.1
83.6

84.7
82.9

83.9
83.8

Year

Utilization
1984
1985
1986
1987
1988

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




13

'

Table 5B
I N D U S T R I A L P R O D U C T I O N , C A P A C I T Y A N D U T I L IZ A T I O N F O R M A N U F A C T U R I N G :

H IS T O R IC A L D A T A

Seasonally ad usted
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1984
1985
1986
1987
1988

2.3
.1
1.3
-.6
.2

.6
.6
-.4
1.7
.1

.9
.7
-1.0
.5
.2

.4
.3
.9
.4
.7

.5
.6
.0
.7
-.1

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

.4
-.2
.6
.4
.5

.2
.8
.5
.0
.4

-.1
.2
.3
.2
.0

.0
-.7
.7
1.0
.1

.0
1.3
.5
.4
.9

-.4
.1
1.0
.6
.6

13.3
1.7
4.6
6.3
3.6

6.9
5.1
.1
8.6
3.3

4.7
1.0
3.5
5.6
3.0

-.3
2.4
7.2
6.8
4.4

10.4
2.6
2.9
6.0
4.7

1989
1990
1991
1992
1993

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

-.9
.9
-.9
.8
.3

.6
.4
-.9
.9
.0

.2
-.9
.3
.6
.4

-.5
.5
.7
.6
-.4

-.2
.0
1.3
.0
.0

-1.2
-.3
.3
.8
.6

.4
.5
.3
-.1
-.1

-.4
-.1
1.0
.1
.9

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

.3
-1.2
-.2
.6
.8

.2
-.5
-.4
.0
1.1

4.3
3.7
-9.8
2.3
4.6

-.3
.2
1.0
7.6
1.2

-5.3
1.0
8.1
3.8
3.0

-1.3
-5.5
2.5
4.3
6.0

1.6
-.3
-2.1
4.2
3.9

19%t
1995
1996

.2
.3
-.2

.9
-.2
1.3

1.0
.1
-.8

.6
-.4
1.3

.6
-.3

.3
1

.4
.0

.6
.7

.2
.6

.9
-.4

.6
.1

.9
.3

8.9
3.9
2.3

8.5
-2.2

5.1
2.6

7.9
1.4

6.6
3.4

Industrial
Production
1984
1985
1986
1987
1988

87.1
89.9
94.0
96.2
103.2

87.6
90.4
93.6
97.8
103.4

88.3
91.1
92.7
98.3
103.6

88.7
91.4
93.5
98.7
104.3

89.1
92.0
93.6
99.4
104.2

89.7
91.5
93.3
100.3
104.2

90.1
91.3
93.9
100.7
104.7

90.3
92.0
94.4
100.7
105.1

90.2
92.3
94.6
100.9
105.2

90.2
91.6
95.3
102.0
105.3

90.2
92.8
95.8
102.4
106.2

89.8
92.8
96.7
103.0
106.8

87.7
90.5
93.5
97.4
103.4

89.2
91.6
93.5
99.4
104.2

90.2
91.9
94.3
100.8
105.0

90.1
92.4
95.9
102.5
106.1

89.3
91.6
94.3
100.0
104.7

1989
1990
1991
1992
1993

107.7
105.5
103.4
105.1
111.2

106.7
106.5
102.5
105.9
111.5

107.3
107.0
101.5
106.9
111.5

107.6
106.0
101.8
107.6
112.0

107.1
106.6
102.5
108.2
111.6

106.8
106.6
103.8
108.1
111.6

105.5
106.3
104.2
109.0
112.3

106.0
106.9
104.5
108.9
112.2

105.6
106.8
105.6
109.0
113.2

105.1
106.2
105.7
109.7
113.2

105.4
104.9
105.5
110.4
114.1

105.6
104.4
105.1
110.3
115.3

107.2
106.3
102.5
106.0
111.4

107.2
106.4
102.7
108.0
111.7

105.7
106.6
104.8
109.0
112.5

105.4
105.1
105.4
110.1
114.2

106.4
106.1
103.8
108.2
112.3

1994
1995
1996

115.5
124.1
124.5

116.6
123.9
126.2

117.8
124.0
125.1

118.5
123.5
126.8

119.1
123.2

119.5
123.3

120.0
123.3

120.7
124.2

120.9
124.9

122.0
124.4

122.7
124.5

123.8
124.8

116.6
124.0
125.3

119.0
123.3

120.5
124.1

122.8
124.6

119.7
123.9

Capacity
1984
1985
1986
1987
1988

109.4
113.1
117.6
121.2
124.1

109.7
113.4
117.9
121.5
124.3

110.0
113.8
118.2
121.7
124.5

110.3
114.2
118.5
121.9
124.7

110.6
114.6
118.8
122.2
124.9

110.9
115.0
119.1
122.4
125.1

111.2
115.3
119.3
122.7
125.3

111.5
115.7
119.6
122.9
125.5

111.8
116.1
119.9
123.2
125.7

112.1
116.5
120.2
123.4
125.9

112.4
116.9
120.5
123.7
126.0

112.7
117.2
120.8
123.9
126.2

109.7
113.4
117.9
121.5
124.3

110.6
114.6
118.8
122.2
124.9

111.5
115.7
119.6
122.9
125.5

112.4
116.9
120.5
123.7
126.0

111.1
115.2
119.2
122.6
125.2

1989
1990
1991
1992
1993

126.5
129.4
132.0
134.6
138.0

126.7
129.6
132.2
134.9
138.2

127.0
129.8
132.5
135.2
138.5

127.2
130.1
132.7
135.5
138.8

127.4
130.3
132.9
135.7
139.1

127.7
130.5
133.1
136.0
139.4

127.9
130.7
133.3
136.3
139.7

128.2
130.9
133.5
136.6
139.9

128.4
131.2
133.7
136.8
140.2

128.7
131.4
133.9
137.1
140.5

128.9
131.6
134.2
137.4
140.8

129.2
131.8
134.4
137.7
141.1

126.7
129.6
132.2
134.9
138.2

127.4
130.3
132.9
135.7
139.1

128.2
130.9
133.5
136.6
139.9

128.9
131.6
134.2
137.4
140.8

127.8
130.6
133.2
136.1
139.5

1994
1995
1996

141.5
146.7
153.0

141.9
147.2
153.5

142.3
147.7
154.0

142.7
148.2
154.6

143.1
148.7

143.6
149.2

144.0
149.7

144.4
150.2

144.9
150.8

145.3
151.3

145.7
151.9

146.2
152.4

141.9
147.2
153.5

143.1
148.7

144.4
150.2

145.7
151.9

143.8
149.5

79.6
79.5
80.0
79.3
83.2

79.9
79.7
79.4
80.5
83.1

80.3
80.4
80.0
80.0
78.5
79.0
80.7 . 80.9
83.2
83.6

80.6
80.3
78.8
81.3
83.4

80.9
79.6
78.4
81.9
83.3

81.0
79.2
78.7
82.1
83.6

80.9
79.5
78.9
81.9
83.8

80.7
79.5
78.9
81.9
83.7

80.5
78.6
79.3
82.6
83.7

80.3
79.4
79.5
82.8
84.3

79.7
79.2
80.0
83.1
84.6

79.9
79.8
79.3
80.2
83.2

80.6
80.0
78.7
81.4
83.5

80.9
79.4
78.8
82.0
83.7

80.2
79.1
79.6
82.8
84.2

80.4
79.5
79.1
81.6
83.6

1989
1990
1991
1992
1993

85.2
81.6
78.3
78.1
80.6

84.2
82.2
77.5
78.5
80.6

84.6
82.4
76.6
79.1
80.5

84.6
81.5
76.8
79.4
80.7

84.0
81.8
77.2
79.7
80.2

83.7
81.7
78.0
79.5
80.0

82.5
81.3
78.2
80.0
80.4

82.7
81.6
78.3
79.8
80.2

82.2
81.4
78.9
79.7
80.7

81.7
80.8
78.9
80.0
80.6

81.8
79.7
78.6
80.3
81.0

81.8
79.2
78.2
80.1
81.7

84.6
82.0
77.5
78.6
80.6

84.1
81.7
77.3
79.6
80.3

82.5
81.4
78.5
79.8
80.4

81.7
79.9
78.6
80.2
81.1

83.2
81.3
78.0
79.5
80.6

1994
1995
1996

81.7
84.6
81.4

82.2
84.2
82.2

82.8
84.0
81.2

83.0
83.4
82.0

83.2
82.8

83.2
82.7

83.3
82.4

83.6
82.7

83.5
82.8

83.9
82.2

84.2
82.0

84.7
81.9

82.2
84.3
81.6

83.2
83.0

83.4
82.6

84.3
82.0

83.3
83.0

Year

Utilization
1984
1985
1986
1987
1988

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




14

Table 6
I N D U S T R I A L P R O D U C T I O N : I N D U S T R Y S U B T O T A L S A N D IN D IV ID U A L S E R IE S

Item

_____1992_____
Value
SIC added1 Index

1995
Oct.

: Index. 1987 = 100
Seasonallvadwsted
wot seasonally adjusted
1996
1995
1996
Oct.
Nov.
Nov.
Dec. Jan.r Feb.r Mar/
Dec. Jan/ Feb/

10
101
102-4,8,9
102

.46
.06
.40
.13

163.7
116.3
173.2
141.9

178.3
140.0
185.9
156.3

175.9
129.8
185.0
150.5

172.8
123.0
182.9
152.6

159.5
110.3
169.1
141.9

157.2

160.9

166.1
136.9

12

1.03

108.2

112.3

109.5

108.5

103.3

13
131
132
138

4.79
3.99
2.31
1.67
.25
.55

93.2
93.8
85.9
107.5
109.4
79.9

89.2
88.2
75.6
110.1
112.7
83.5

90.1
89.4
77.3
110.4
114.0
83.1

90.1
89.5
76.4
112.4
108.4
83.8

14

.58

99.1

112.4

110.9

20
201

202
2021
2022
2023
2024
2026

9.42
1.14
.44
.28
.41
.01
.96
.01
.27
.20
.13
.36

106.9
114.5
97.8
119.7
132.9
88.2
103.3
101.1
122.2
102.8
121.4
90.2

115.4
126.0
106.3
121.8
156.5
80.9
112.5
90.7
133.9
118.0
134.0
94.7

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

1.37
1.26
1.07
.66
.23
1.75
.62
.89
.98
.16

107.9
109.3
93.2
111.0
110.1
109.2
115.2
109.1
106.3
91.2

21

1.63

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

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

Mar/

173.0
129.0
181.7
147.4

169.9
124.1
179.0
150.4

154.2
103.2
164.5
142.0

157.9

161.3

172.0
156.1

173.1
137.1
180.1
157.2

168.7
139.1

173.3
152.3

108.0

114.8

114.2

109.4

104.9

105.4

115.3

120.5

90.8
89.9
76.6
112.9
112.9
85.1

89.7
88.1
75.8
109.4
108.6
89.7

91.7
89.5
76.9

92.9
90.8
77.7
113.6
115.4
93.8

92.8
91.3
77.3
115.6
107.7
92.9

92.1
91.3
77.0
116.1
110.7
86.5

90.2
89.3
76.6
111.3
107.5
85.7

91.0
89.9
77.3

109.3
96.3

90.4
88.2
76.2
108.9
114.2
92.2

109.0
87.6

112.4

108.9

117.6

119.1

118.8

113.3

107.1

93.1

101.0

109.3

114.8
129.8
110.4
125.7
159.6
82.1
112.4
89.1
138.4
113.8
130.8
95.0

114.8
130.6
110.7
123.1
163.8
81.7
111.7
93.8
139.0
116.3
117.7
95.1

114.8
129.7
110.5
124.5
160.1
82.0
112.2
84.8
138.7
117.9
121.0
94.8

116.3
134.2
112.8
127.0
169.1
87.4
112.6
90.0
143.3
116.2
121.7
94.0

116.0
131.1
111.7
118.8
167.1
88.0
113.2
91.2
142.9
118.1
121.8
94.5

121.2
133.2
110.9
131.5
165.3
81.8
104.8
84.1
133.8
99.1
115.8
91.1

114.9
128.8
106.8
134.5
155.0
81.8
103.5
81.4
138.5
95.9
101.9
90.7

111.5
125.8
104.0
128.6
153.8
84.0
107.4
101.0
139.3
118.6
86.1
91.7

109.3
128.1
108.9
124.3
157.1
82.9
107.7
107.0
134.4
118.6
92.6
93.4

110.2
130.7
109.2
123.6
165.5
92.6
113.0
109.4
143.5
119.8
112.5
94.8

110.9
128.4
106.2
121.3
164.1
97.7
117.4
102.5
146.2
126.3
127.2
96.7

111.3
118.7
98.7
113.3
114.6
121.3
120.0
127.5
120.1
94.9

110.4
117.0
95.1
112.4
113.8
119.7
118.2
125.5
121.4
97.2

114.3
114.3
94.4
118.7
112.9
117.6
120.2
120.4
120.7
91.9

115.3
113.8
96.8
112.3
112.4
117.8
119.7
120.9
121.5
89.0

113.9
115.1
95.5
119.0
111.2
120.5

114.4
114.9
95.2
120.4
109.9
120.0

106.3
116.0
89.4
137.1
116.1
105.3
97.7
111.6
121.0
114.7

102.7
110.8
90.0
116.0
113.6
107.8
112.2
109.9
118.2
103.0

102.4
113.4
88.5
111.1
113.6
115.5

123.8
122.7

111.9
120.0
92.8
136.9
121.3
114.7
103.1
120.1
120.7
100.9

101.1
112.2
86.8
113.8
113.6
112.7

125.0
122.2
97.0

126.9
121.7
101.3
136.7
120.3
123.9
113.8
131.0
125.1
101.2

110.6
115.9
109.1

113.2
112.3

95.8

88.2

88.9

88.4

87.1

88.3

90.1

98.7

86.9

72.4

86.1

91.3

91.7

1.79
.48
.39
.04
.48
.35
.17
.21
.45
.24

104.0
99.4
99.0
103.5
116.7
116.7
95.2
97.0
103.5
100.6

111.1
107.7
109.7
111.6
127.4
134.3
99.5
97.7
109.7
100.4

108.9
103.9
105.2
109.6
125.5
131.6
95.6
96.9
109.1
99.7

108.3
103.8
105.6
103.8
120.9
125.2
88.4
109.7
108.3
99.3

104.1
99.3
100.1
100.6
123.5
129.0
87.7
85.8
106.3
96.6

106.2
99.2
99.6
101.5
125.2
131.4
85.8
92.4
110.7
101.9

109.2
100.5
100.7
104.8
124.0
129.7
87.1
112.7
111.7
103.2

116.4
109.4
113.0
111.2
136.9
139.9
102.4
111.5
112.1
103.8

106.2
103.1
105.1
111.0
121.3
124.8
95.7
87.3
108.1
96.4

97.3
96.8
97.4
105.7
109.5
115.6
79.5
84.8
99.1
81.9

99.5
100.7
101.5
100.0
103.1
106.0
90.3
85.2
104.7
95.5

105.4
100.8
100.4
101.7
116.2
120.8
89.2
93.0
112.0
106.2

109.4
104.4
104.4
103.6
117.6
121.7
88.8
109.7
114.4
108.6

23

2.19

95.0

93.3

92.4

91.5

89.2

91.2

89.8

94.4

93.0

91.1

85.8

89.7

88.9

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

1.99
.84
.31
1.16
.65
.18
.15

95.2
95.2
85.0
95.2
89.5
86.2
94.2

105.7
96.8
86.2
112.1
96.7
85.2
158.9

104.8
95.0
87.2
112.2
96.7
84.9
161.8

106.9
97.8
85.1
113.4
97.4
88.7
164.4

103.1
92.7
84.9
110.4
95.0
85.9
158.1

103.6
94.1
84.7
110.4
95.6
85.2
157.8

107.2
99.6
84.2
112.5
96.7
86.2
168.2

111.0
104.2
94.0
116.0
98.9
88.8
175.9

103.4
93.3
87.4
110.7
96.7
83.1
157.9

99.9
90.2
82.9
106.9
95.1
80.7
135.8

99.5
89.9
79.2
106.4
92.0
83.3
140.0

101.9
93.7
79.2
107.8
91.3
85.6
153.8

105.9
97.7
78.7
111.8
94.6
88.0
170.6

1. Proportion as a share of the value added for the total index.




'

15

Table 6 (continued)
IN D U STR IAL P R O D U CTIO N : INDUSTRY S U B TO TA LS AND INDIVIDUAL SERIES
Index. 1£87=100
Item
Furniture and fixtures
Household furniture

SIC

25
251

26

1992
Value
added1 Index
1.37
.63

99.2
97.1

1995
Oct.

Seasonailvadiusted
1996
Dec. Jan.r Feb/
Nov.

Mar/

1995
Oct.

'
Not seasonallv adjusted
1996
Nov.
Dec. Jan/ Feb/

Mar/

110.9
108.5

109.8
106.4

109.3
106.8

109.3
106.2

110.4
107.0

109.1
105.7

111.9
108.9

107.7
103.6

107.8
105.7

105.5
103.5

109.7
109.3

107.8
107.8

261-3
261
262
263
265,7
265
267

3.60
1.53
.15
.89
.49
2.07
.74
1.33

110.0 119.7
110.4 119.4
109.9 112.0
109.8 119.2
111.8 122.3
109.6 120.0
112.3 .121.5
108.1 119.1

116.2
114.0
107.0
113.6
117.2
117.7
123.3
114.7

118.2
114.4
107.8
115.6
114.4
121.2
129.9
116.5

114.9
113.9
108.1
112.3
118.6
115.6
121.1
112.6

113.5
113.9
106.1
110.6
122.4
113.3
123.4
107.8

114.9
113.3
107.7
110.8
119.9
116.1
127.6
109.9

122.0
119.3
112.1
119.6
121.1
123.9
134.6
118.1

115.4
114.4
106.9
114.7
116.5
116.1
117.4
115.4

112.6
111.3
107.3
111.5
112.3
113.5
114.9
112.7

116.9
115.9
111.0
114.4
120.4
117.5
122.4
114.8

116.0
116.5
108.3
113.6
124.5
115.6
123.1
111.5

116.0
114.7
105.9
112.3
122.1
117.0
126.8
111.7

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

6.76
1.63
2.01
3.12

98.1
77.0
103.5
107.3

98.9
69.3
105.7
113.5

99.3
67.4
106.6
115.3

98.8
68.3
103.8
115.2

97.9
67.2
102.5
114.8

98.6
65.2
105.3
115.8

97.4
63.8
104.6
114.8

99.8
69.8
102.7
117.0

97.7
68.7
105.7
111.1

96.7
69.4
105.3
108.4

93.4
65.3
101.8
105.9

94.5
66.0
105.9
105.2

94.6
64.4
106.1
106.4

28

9.85

114.4

126.7

126.0

126.5

127.1

126.2

125.3

126.9

122.5

120.2

122.0

122.5

122.7

281,2,6
281
2812
2816
2819

3.82
113.5
1.00
117.6
.08 . 105.4
.12
114.2
.67
122.4
.40
119.4

120.4
110.6
115.6
118.3
104.8
123.4

120.0 119.2
110.1 108.8
112.5 117.5
111.0 102.0
105.1 104.5
124.4 '124.4

119.7
109.6
112.9
116.5
103.4
120.9

119.2
108.3
114.9
107.7
102.8
119.0

118.5
106.3
111.7
99.6
101.7
118.7

120.5
111.3
116.2
111.1
107.4
126.5

119.4
110.4
114.0
109.2
105.4
125.2

116.1
105.7
118.6
100.3
100.6
116.4

118.4
107.6
113.5
112.4
101.4
116.5

120.8
111.7
115.5
110.1
106.9
127.8

119.5
106.4
110.0
105.0
100.9
115.4

282
2821
2823,4
286

1.25
.75
.39
1.57

110.4
.112.0
105.9
113.8

123.7
122.1
121.5
124.3

125.0
123.8
122.6
122.5

124.4
123.4
121.9
121.8

125.6
125.5
119.4
121.5

125.3
126.6
116.2
121.3

125.3

123.5
122.2
120.8
122.0

117.2
116.2
114.8
122.1

122.5
122.2
116.5
122.2

127.9
128.7
119.5
121.1

128.0

118.2
121.0

124.6
123.6
122.5
123.3

117.4
121.1

283-5,9
283
284
285
287

5.51
2.91
1.57
.43
.52

114.8
127.4
109.4
95.0
118.8

130.2
146.3
121.4
107.9
134.5

129.5
144.3
122.9
111.0
133.6

130.9
146.5
123.2
109.4
134.1

131.6
147.1
126.2
101.2
134.2

130.5
146.6
123.1
97.3
135.6

129.3
146.7
120.5
97.1
136.4

130.7
147.3
121.2
109.7
135.4

123.4
137.6
117.8
96.7
135.9

121.7
137.5
116.1
81.6
134.4

123.3
135.8
120.2
87.0
135.4

122.6
134.7
117.8
94.8
135.5

123.8
136.6
118.2
98.4
136.1

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

1.43
1.25
.23
.23
.04
.12
.62
.18

102.6
104.3
105.1
109.0
100.8
101.0
103.2
93.5

106.9
105.8
103.2
112.2
85.6
106.7
105.7
115.1

107.4
106.4
104.3
115.7
75.3
108.4
105.6
114.2

108.9
107.7
107.5
117.9
90.3
107.5
105.4
117.7

108.9
108.1
106.2
118.1
87.1
114.2
105.5
114.6

110.1
109.2
102.5
123.7
86.5
110.0
107.9
117.1

109.6
109.1
102.8
118.7
78.0
116.1
108.7
114.7

109.0
106.5
105.7
116.4
81.6
104.7
105.3
126.3

110.0
108.2
97.9
122.5
79.2
110.1
108.5
123.3

109.6
109.2
92.7
122.4
96.6
113.9
110.6
113.3

101.5
103.1
85.8
114.0
87.5
117.9
103.7
93.3

101.7
103.0
88.8
115.3
87.7
109.6
103.6
95.3

101.9
103.0
95.9
114.0
79.6
109.1
102.0
96.5

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

3.51
.39
.59
2.54

116.2
120.5
105.9
118.0

139.7
142.8
122.3
143.5

140.3
147.5
121.6
143.6

139.3
138.7
120.5
143.7

139.0
141.7
122.3
142.7

139.6
137.1
123.2
143.8

140.7
145.1
123.4
144.1

141.7
151.9
123.8
144.6

139.8
138.2
119.5
145.0

137.7
117.5
116.8
145.9

137.2
145.0
115.1
141.5

139.4
149.9
122.7
141.9

140.7
154.8
123.0
142.9

31
314

.27
.12

89.0
83.2

79.7
71.5

78.2
70.5

76.8
67.8

75.6
65.7

77.2
66.6

76.7
66.4

81.0
72.3

79.6
71.2

77.2
68.0

74.0
65.2

75.2
64.0

75.8
64.5

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

2.07
.35
.18
.13
.10
1.18

95.3
100.7
93.5
88.3
87.9
92.7

104.5
92.9
76.9
99.9
87.3
103.4

104.9
90.7
71.3
99.0
86.4
105.2

104.3
94.0
75.4
97.7
85.6
103.7

105.5
99.7
83.1
98.5
83.7
103.5

104.5
97.9
79.0
101.4
83.0
102.3

103.8
92.2
72.4

107.6
95.3
79.3
120.3
89.1
105.1

105.1
89.5
68.9
97.0
84.6
106.3

100.2
82.6
57.5
74.7
78.3
104.0

99.3
92.6
75.4
59.3
76.3
101.8

100.8
97.9
81.6
70.4
81.8
99.8

102.1
94.4
76.8

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

Chemicals and products
Industrial chemicals and.
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nec
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes

1. Proportion as a share of the value added for the total index.




16

83.2
103.2

84.7
101.4

Table 6 (continued)
INDUSTRIAL PRODUCTIO N: INDUSTRY S U B TO TA L S AND INDIVIDUAL SERIES

Item
Primary metals
Iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
Raw steel

Index. 1987 = 100
Seasonailvadiusted
Not seasonally adjusted
-I&95
1996
1996
Nov.
Dec. Jan.r Feb/
Oct.
Dec. Jan.r Feb.r Mar.r
Nov.

1992
Value
SIC added1 Index

1995
Oct.

3.11
1.74
1.33
.30
.18
.09

101.9
104.7
106.9
102.4
106.9
101.2

115.7
115.1
114.5
109.8
114.7
111.3

120.8
126.1
130.9
113.5
118.5
116.4

120.0
122.7
125.4
111.6
114.3
118.0

121.5
128.1
132.9
111.9
116.8
113.9

117.1
119.5
122.0
110.5
115.0
112.5

117.0
119.5
123.2
111.7
115.8
114.9

115.7
114.8
113.6
109.7
114.2
111.9

119.8
124.8
128.0
113.3
119.3
114.8

116.7
118.5
120.7
110.7
116.0
112.0

121.0
126.4
132.6
112.1
117.2
114.1

120.3
123.7
127.1
112.6
116.6
117.1

120.0
123.1
126.5
113.6
117.3
118.6

108.4
98.0
93.5
108.8
93.4
116.3
97.5

116.0
108.9
97.0
123.1
88.3
123.7
115.6

136.4
123.2
113.0
141.2
89.6
149.2
111.7

129.6
114.4
114.4
147.6
103.0
136.9
113.6

139.5
133.3
123.0
164.6
98.3
144.2
113.0

125.6
113.1
108.3
137.9
93.5
134.1
111.4

126.8
110.1
111.6
141.1
96.2
135.5
108.3

114.8
109.4
95.0
127.9
77.3
122.0
117.4

132.6
121.8
110.9
142.0
85.8
143.5
114.2

123.8
101.0
108.5
140.5
125.7
131.0
110.9

139.0
130.7
127.1
155.0
84.7
146.2
107.2

131.7
125.2
117.4
137.9
90.2
139.6
112.7

130.6
120.9
118.0
135.4
98.6
138.6
112.1

33
331,2
331

Mar/

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

332

1.03
.16
.11
.11
.05
.60
.41

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.37
.20
.06
.10

98.1
117.2
125.0
120.5

115.8
119.0
137.2
102.0

113.8
118.8
138.0
103.3

116.2
118.3
130.2
105.0

113.0
125.0
144.4
105.6

113.6
119.2
134.1
106.4

113.4
117.2
132.1
106.5

116.3
119.6
135.8
101.9

113.4
118.8
139.4
103.5

114.0
117.8
128.5
105.2

113.9
125.1
141.8
105.9

115.7
122.8
137.6
106.6

115.7
120.6
137.2
106.7

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.97
.73
.28
.23

89.6
89.0
89.2
91.6

109.4
106.3
99.7
119.2

106.3
101.1
82.3
122.9

109.4
105.3
97.6
122.6

104.7
99.1
79.7
122.7

106.4
100.6
79.8
125.1

105.3
100.3
83.1
121.2

109.7
106.4
99.6
120.1

105.5
99.9
77.4
123.4

106.9
101.2
86.0
125.5

106.4
101.2
85.1
123.1

107.9
102.4
84.0
125.6

107.4
102.6
86.3
122.8

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

5.03
.22
.54
.48
1.28
2.80
1.56

99.0
108.8
94.8
92.8
94.8
101.5
104.5

114.0
107.5
106.6
102.8
110.9
118.5
126.9

114.5
104.9
107.3
103.2
112.1
118.9
128.0

115.0
104.6
108.5
105.0
113.2
118.7
128.0

115.6
110.0
108.9
105.9
112.2
120.6
132.3

117.0
109.4
111.3
108.6
114.2
120.9
131.3

116.5
112.2
108.2
105.0
115.6
119.6
129.2

116.1
100.3
108.8
105.1
113.6
119.4
128.7

114.9
94.1
106.6
102.0
114.3
118.7
126.5

114.6
92.2
106.4
102.1
115.6
117.9
123.9

111.3
94.3
102.3
98.7
110.0
116.4
123.9

114.6
90.1
109.4
106.7
109.7
121.3
131.9

115.9
107.5
107.9
104.6
111.5
121.6
132.8

Industrial machinery
and equipment
35
351
Engines and turbines
Farm
352
Construction and allied
353
354
Metalworking
Special industry machinery
355
General industrial machinery
356
3562,6,8
Bearings and qears
Equipment
3561,3-5,7,9
357
Computer and office equip.
Service industry machines
358
Refrig, and heating equip.
3585
Miscellaneous machinery
359

7.96
.46
.44
.76
.99
.69
1.07
.31
.75
1.75
.81
.56
.98

124.0 183.8
101.3 112.8
111.8 137.4
99.8 127.6
106.2 133.9
103.6 141.5
107.8 122.0
95.9 108.8
113.4 128.4
172.6 402.9
101.9 139.3
94.0 133.5
112.3 133.9

186.5 190.1 191.9 196.3 198.3
111.8 111.8 111.7 106.0 105.4
138.2 137.8 139.3 140.1 140.8
131.1 129.4 127.5 129.0 128.7
134.9 137.0 136.5 137.9 138.6
142.4 140.9 140.0 142.5 142.0
120.5 120.1 121.8 125.1 122.0
109.1 108.0 107.1 108.0 107.0
126.0 125.9 128.9 133.3 129.3
417.8 431.7 442.9 463.3 480.0
137.9 147.4 138.8 144.8 144.8
130.7 142.0 131.5 137.5 138.0
135.5 137.8 145.9 144.1 143.1

184.4
112.4
132.1
126.7
134.6
140.5
121.9
107.9
128.7
411.1
136.1
129.1
134.9

181.0
114.1
134.3
129.6
132.3
143.6
119.4
110.6
123.6
399.5
124.6
112.4
132.4

186.2 183.7 195.2 198.4
116.3 112.4 106.8 106.1
140.5 142.8 147.7 150.4
131.4 128.3 128.6 129.3
131.8 127.4 135.2 136.2
146.3 141.2 142.4 142.9
117.4 116.5 123.1 120.8
112.0 108.1 108.4 107.9
120.0 120.5 130.2 127.0
425.7 415.3 454.1 467.3
128.4 132.5 152.6 161.0
114.8 123.3 148.8 160.0
132.5 135.6 140.7 140.6

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

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

7.23
.95
.32
.47
.07
.10
.09
.21
.08
.06

123.5
103.2
98.4
106.9
95.7
113.3
108.3
107.8
99.3
102.3

182.4
118.9
100.4
133.8
96.1
135.3
147.0
141.5
112.8
149.9

183.6
120.1
100.7
139.1
105.4
139.9
157.6
143.4
110.7
157.2

182.8
119.2
102.5
141.8
114.0
130.2
165.0
147.3
113.3
166.1

182.4
121.5
102.7
129.3
77.7
134.8
140.6
141.0
112.9
142.8

188.9
123.1
104.6
132.6
92.2
129.2
142.2
144.9
116.5
148.4

188.2
121.5
101.7
135.9
113.8
130.3
132.6
148.3
115.2
160.9

185.3
120.3
102.8
144.6
114.5
144.3
159.3
149.6
125.0
165.4

185.3
117.7
98.4
133.8
109.3
118.6
150.8
142.3
123.0
152.5

183.9
115.0
97.4
123.4
93.7
91.9
134.9
143.5
118.4
156.7

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

365
366
367
369
3691

.21
1.59
2.66
.68
.11

126.1 153.0
120.0 161.2
153.8 288.5
106.0 135.9
93.3 105.4

158.5
155.8
293.1
138.0
109.5

136.1 134.6
155.5 155.6
291.8 293.7
142.2 136.2
131.6 103.5

142.3
160.5
303.6
146.3
126.1

139.4
159.9
304.2
145.8
128.3

171.1
161.6
290.0
141.2
125.2

174.6
159.6
296.5
141.4
119.1

130.8 125.7
162.8 155.0
297.8 292.9
146.5 134.6
138.0
92.5

136.2 137.7
158.7 159.4
303.0 304.9
143.0 142.2
114.9 114.1

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

9.51
4.79
1.56
1.32
1.26
.73
.53
1.85
.05

104.8
107.4
90.0
119.7
121.7
125.2
117.3
114.8
87.6

109.3
139.7
103.4
171.7
173.6
179.1
166.8
152.4
135.5

108.6
140.7
103.4
173.0
174.2
182.8
163.4
153.1
164.0

109.7
141.2
102.7
178.8
180.2
190.6
167.1
151.1
171.2

108.3
135.5
95.8
169.5
172.6
180.4
162.7
149.7
153.0

112.2
141.2
102.8
179.5
183.0
194.4
168.5
151.1
152.9

103.0 113.9
121.4 149.5
79.5 116.1
160.4 190.6
162.9 193.4
173.1 203.3
150.0 181.0
133.5 152.2
185.8 150.5

108.7
140.3
103.8
170.4
172.2
182.1
159.8
154.5
133.9

105.4
130.7
91.6
151.3
151.7
159.9
141.5
154.4
128.8

106.2
131.2
90.8
160.5
163.2
168.2
157.0
149.7
143.9

115.8
148.9
113.6
193.0
196.9
208.5
182.3
151.2
163.0

107.4
130.1
89.0
178.7
181.3
193.2
166.2
134.4
199.0

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

4.73
2.95
.51
1.26

102.3
107.8
93.6
95.2

80.0
73.6
91.0
89.0

77.7
70.5
88.4
88.4

79.4
73.4
89.0
87.9

82.2
79.6
86.7
86.2

84.3
83.1
87.6
85.8

78.3
71.2
89.1
89.0

81.1
75.5
91.7
88.8

82.2
79.6
86.4
86.2

83.9
82.8
87.9
85.2

85.5
84.0
90.1
87.3

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

1. Proportion as a share of the value added for the total index.




17

85.4
84.0
89.0
87.4

79.8
73.2
91.0
89.2

179.8
116.8
97.3
126.2
79.1
123.5
138.4
139.6
106.5
142.6

187.5
120.1
102.1
140.7
99.4
138.4
159.3
149.1
107.9
162.1

188.0
119.9
100.4
142.8
115.6
141.3
146.1
152.2
108.9
170.9

Table 6 (continued)
IND USTRIAL PR O D U CTIO N : INDUSTRY S U B TO TA L S AND INDIVIDUAL SERIES
index. 1987 = mo
1992
Value
SIC added1 Index

Item

Instruments

38

1995
Oct.

Seasonallvadiusted
1996
Nov.
Dec. Jan.r Feb/

Not seasonally adjusted
1996
Dec. Jan/ Feb/

Mar/

1995
Oct.

Nov.

Mar/

5.36
4.32
1.56

106.3
107.0
138.2

111.4
109.7
156.8

111.5
109.5
158.7

109.7
107.7
154.2

111.0
108.9
159.6

113.4
111.7
163.0

112.6
110.6
157.7

112.1
110.5
160.9

111.1
108.8
153.9

109.8
107.7
146.5

108.6
106.0
147.3

111.1
109.0
153.0

111.0
108.7
150.1

1.32
.67
.65

106.9
106.5
107.4

122.2
115.9
128.9

123.3
117.1
129.9

123.5
118.5
128.8

122.1
116.5
127.8

124.2
118.7
129.9

124.5
118.0
131.2

127.0
121.6
132.7

127.8
123.5
132.2

124.4
119.2
129.9

118.5
112.8
124.4

121.1
116.1
126.3

123.5
117.6
129.6

Generation
Fossil fuel
Hydro and nuclear

6.15
2.64
1.32
1.32

111.7
111.3
103.6
121.4

123.7
124.2
105.9
146.9

123.6
122.2
108.4
139.7

123.9
123.5
109.9
140.7

125.5
124.6
111.3
141.5

126.6
124.8
107.5
146.4

126.6
124.8

114.6
111.7
100.1
126.5

115.0
115.8
102.6
132.4

124.6
124.6
107.9
145.6

132.8
129.9
111.6
152.8

126.9
128.0
107.5
153.3

120.7
118.9

Sales
Residential
Non residential
Commercial and other
Industrial

3.51
1.43
2.08
1.21
.87

112.0
109.9
113.4
112.8
114.2

123.2
121.7
124.3
127.6
119.7

124.7
125.5
124.1
128.0
118.5

124.2
124.5
123.9
126.4
120.2

126.2
128.3
124.7
127.7
120.5

128.0
129.2
127.1
129.9
123.2

127.9
126.9

116.7
105.6
124.5
126.2
122.0

114.4
108.7
118.4
119.0
117.4

124.6
130.7
120.2
122.3
117.1

135.0
152.7
122.4
126.8
116.3

126.0
135.2
119.5
122.0
116.0

121.4

1.57
.64
.28
.46

112.7
108.7
115.4
114.4

113.6
101.4
120.3
120.7

132.5
128.7
141.6
132.2

129.9
123.1
142.5
131.2

125.6
121.3
130.4
126.9

121.8

126.4

84.2
60.1
83.5
102.3

137.0
136.3
148.2
133.6

187.5
208.9
211.9
163.2

221.1
260.9
242.6
183.5

193.6

171.6

1996
Jan/

Feb/

Scientific and medical
Medical instruments

381-4
384

Misc. manufactures
Consumer goods
Business supplies

Electric utilities

Ga$pUtilities

39
391,3,4,6
395,9

491,3pt

492,3pt

Residential
Commercial and other
Gas transmission

122.1

1. Proportion as a share of the value added for the total index.
T a b le 7
IN D U S T R IA L P R O D U C T IO N : G R O S S V A L U E O F P R O D U C T S
Billions of 1992 dollars at annual rates, seasonally adjusted
1994
1992
1995
Q4
Item

Products, total
Final products

1995
Q1

Q2

1748.7

1732.8 1750.6 1742.0 1757.3

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

1033.4
222.3
122.4
99.9
811.1

1130.5
272.9
160.6
112.3
857.6

1129.0
277.1
162.5
114.5
851.9

1133.7
279.9
166.2
113.8
853.8

1125.3
269.6
158.7
110.9
855.7

Equipment, total
Business and defense
Business
Defense and space

518.8
500.3
415.6
84.7

618.3
594.6
528.2
66.4

603.9
580.8
510.7
70.2

616.9
593.5
524.7
68.8

450.7
177.0
273.7
70.6

496.9
200.6
296.3
77.0

499.8
203.4
296.4
75.1

498.1
202.9
295.2
74.8

Construction supplies
Business supplies
Commercial energy products

1996
Q1r

1995
Nov.

Dec.

Mar/

Apr.P

2002.9 2245.6 2232.6 2248.8 2235.7 2254.9 2253.9 2268.5 2255.8 2265.7 2248.9 2289.3 2267.4 2308.4
1552.2

Intermediateproducts

Q4

Q3

1753.5

1770.2

1756.8 1761.9

1753.0 1792.1

1765.4

1805.0

1133.6
271.4
159.0
112.4
862.2

1134.5
273.8
160.3
113.5
860.7

1132.8
265.0
154.3
110.7
867.8

1139.3
274.0
160.2
113.8
865.3

1139.0
277.1
162.9
114.1
861.9

1124.7
262.4
154.1
108.4
862.2

1146.0
274.4
163.4
111.0
871.6

1127.8
258.1
145.4
112.7
869.7

1148.5
281.1
166.8
114.3
867.5

616.7
593.1
525.7
67.4

623.7
599.7
533.3
66.4

619.1
595.3
531.8
63.5

637.4
612.7
549.5
63.2

617.5
593.8
530.5
63.4

622.9
599.0
536.5
62.4

628.4
604.6
542.6
62.0

646.1
621.7
558.4
63.4

637.7
611.6
547.4
64.2

656.5
629.8
565.2
64.5

493.6
198.9
294.7
75.9

497.6
199.6
298.1
78.6

500.4
202.4
298.0
79.1

498.3
201.0
297.3
79.4

499.0
200.9
298.0
79.8

503.8
205.4
298.3
79.9

495.9
198.3
297.6
79.6

497.2
200.6
296.6
78.7

501.9
204.1
297.8
80.0

503.4
206.1
297.3
79.3

T a b le 8
D I F F U S IO N I N D E X E S O F I N D U S T R I A L P R O D U C T I O N
Percent
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1994
1995
1996

50.0
52.7
40.4

62.7
45.0
63.1

65.8
48.5
53.3

60.4
42.7

63.8
49.2

59.2
51.5

59.6
48.5

58.1
58.8

52.3
53.5

60.0
44.4

58.8
51.7

63.5
49.6

1994
1995
1996

61.9
62.7
47.3

63.5
53.1
52.7

69.2
46.5
53.1

72.7
40.8

73.1
40.0

67.7
43.8

67.3
47.7

66.9
52.3

61.5
57.3

60.0
50.4

62.7
49.6

66.9
49.6

1994
1995
1996

63.1
68.5
48.1

66.5
58.1
48.5

70.8
60.4
51.5

73.1
54.2

77.7
47.7

72.3
38.8

74.2
41.2

75.4
44.2

69.6
47.3

70.8
47.3

68.5
52.3

73.1
51.5

Year

One Month Earlier
Three Months Earlier
Six Months Earlier

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



18

Table 9
E LE C TR IC POW ER USE: M ANUFACTURING AND MINING
Index. 1987 = 100

1987
Billion
KWH
850.7

1995
Oct.
115.5

Seasonallvadiusted
1996
Dec.
Jan.r Feb.r
Nov.
117.8 118.7
116.0 116.1

776.5
351.3
425.2
74.2

115.9
111.0
120.2
109.9

116.3
111.3
120.7
112.0

116.4
112.6
119.9
112.2

118.2
114.4
121.6
113.0

101
102

14.6
6.3
4.8

152.5
166.0
143.5

160.7
173.0
158.1

162.2
171.7
161.6

12

13.4

99.5

102.0

13

33.0
27.7
3.7

92.9
91.8
81.5

12.3
3.5
2.9
3.9

201
202
203
204
205
206
207
208
209

Mar.P
116.3

1995
Oct.
116.9

Not seasonally adjusted
1996
Nov.
Dec.
Feb/
Jan.r
114.7 114.2 114.6 114.2

Mar.P
114.4

119.0
114.9
122.6
115.5

116.4
111.8
120.6
115.0

117.4
112.2
122.0
110.2

114.9
110.0
119.3
112.0

114.1
110.0
117.9
115.0

114.5
110.5
118.1
115.8

114.3
111.6
116.7
114.1

114.5
111.8
117.0
113.6

154.4
140.1
174.2

164.1
159.6
179.8

161.2
168.2
164.2

154.0
168.1
145.4

158.2
167.5
156.7

162.1
169.7
161.9

156.7
144.2
172.5

156.4
148.7
171.3

155.0
160.3
154.2

99.1

97.3

101.1

101.4

95.7

102.7

105.3

109.6

114.0

110.7

91.5
92.2
75.4

92.2
92.1
84.5

96.5
97.1
84.7

96.0
94.7
91.1

95.6
95.0
88.2

92.9
92.2
82.0

90.6
91.4
74.6

95.4
95.4
86.9

99.4
99.6
87.9

93.3
93.0
85.4

93.7
93.8
84.7

117.7
134.5
124.2
110.1

120.4
137.5
126.5
114.3

122.5
138.1
123.3
118.8

128.3
145.2
134.7
120.5

128.1
151.8
130.4
120.3

129.3
152.1
122.7
125.5

123.1
147.2
135.0
112.1

125.2
149.7
135.2
115.5

122.5
136.6
122.1
120.0

117.8
115.2
113.4
120.3

117.3
117.3
107.6
120.6

119.2
121.1
104.6
124.4

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

127.3
141.2
115.3
124.6
143.3
131.3
142.3
147.7
112.4
110.6

126.8
142.0
112.7
124.3
141.5
127.9
149.3
147.9
109.7
110.2

125.7
142.7
110.5
128.7
137.1
127.0
153.5
143.4
105.0
109.5

127.9
142.0
115.2
131.0
141.3
130.4
153.0
146.3
105.4
112.3

127.1
145.1
111.1
127.4
139.7
128.7
149.4
146.8
108.8
110.2

126.4
139.7
109.4
128.9
143.7
128.5
145.1
148.2
106.7
109.5

133.1
144.9
115.3
143.5
148.2
136.1
151.4
144.9
117.3
115.6

126.8
139.3
107.6
125.9
144.7
125.4
174.8
151.7
105.5
109.3

122.1
137.9
104.8
119.6
136.2
121.0
172.8
154.7
97.9
105.6

121.8
135.1
108.4
116.6
138.2
121.9
165.1
158.4
96.2
106.4

118.3
133.3
101.8
113.1
137.1
117.6
153.8
149.6
96.8
101.5

118.6
130.7
103.5
115.3
140.2
120.0
138.0
148.0
98.1
102.4

21

1.7

103.7

112.0

113.7

111.5

118.8

115.9

112.2

109.9

107.2

100.1

116.6

111.8

Textile mill products

22

Fabrics
Knit goods
Fabric finishing
Yam and thread
Miscellaneous textiles

221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

118.0
103.5
144.6
119.2
126.6
131.6

115.7
103.2
141.9
119.4
118.5
130.8

109.1
96.0
135.1
117.1
111.0
125.9

112.6
97.0
139.2
117.9
117.7
131.3

116.0
101.1
141.9
118.4
121.5
132.2

111.7
96.0
140.2
118.1
118.0
127.7

122.4
107.2
149.5
123.5
131.5
136.9

111.2
99.1
135.3
117.1
113.0
127.4

102.1
89.7
125.3
113.6
102.9
119.0

95.7
82.1
114.9
108.0
97.2
116.5

108.0
94.1
131.2
115.0
112.3
123.9

107.1
92.1
132.1
116.6
112.9
123.8

6.6
1.9
1.9

102.9
108.8
87.5

104.5
116.0
91.9

102.8
116.2
88.9

103.9
116.1
89.9

105.8
121.0
94.0

103.4
119.6
94.2

105.8
112.7
90.0

98.0
107.0
85.2

93.2
103.4
80.2

89.7
97.3
77.9

96.7
107.2
84.1

94.4
105.7
83.4

21.6
7.9
5.7

124.4
108.8
115.8

124.0
108.6
116.5

121.9
106.4
115.4

124.3
108.0
119.1

126.3
110.4
121.3

124.7
109.2
117.2

123.3
108.2
115.4

123.8
110.8
116.5

122.8
108.6
116.2

125.3
110.7
119.5

128.8
115.0
122.8

126.9
112.7
119.0

5.7
3.2

119.1
115.2

120.0
114.5

120.2
115.0

121.2
114.5

121.6
115.4

119.3
112.9

120.7
116.8

117.6
112.9

118.2
115.3

116.1
113.0

121.5
119.3

118.6
116.6

97.0
7.1
51.6
26.0
4.5
7.6

119.5
89.8
119.9
121.6
120.9
120.6

120.4
108.3
119.7
123.3
121.8
119.5

119.8
112.1
118.0
124.1
122.0
119.5

120.2
106.3
118.2
129.1
124.8
119.2

118.8
108.2
115.1
127.6
128.7
119.7

117.3
88.7
115.3
129.0
125.0
120.1

120.3
94.2
120.6
121.5
120.7
122.7

120.4
111.1
119.8
122.3
119.8
119.1

118.9
113.9
117.8
121.3
117.7
115.9

119.3
110.4
118.4
125.8
118.7
113.6

116.1
109.7
113.1
124.7
121.8
114.9

115.7
90.7
114.4
125.7
120.4
115.8

15.7
3.4
8.2

136.6
120.0
138.0

138.0
122.7
140.2

137.2
119.8
141.4

138.1
123.7
140.9

138.4
118.7
143.4

136.2
118.6
140.7

140.1
123.5
141.8

133.3
118.1
136.2

130.4
115.9
133.7

128.6
117.8
130.7

126.5
110.1
131.1

•126.4
109.8
131.7

146.2
61.8
14.1
29.1
10.9
18.2

118.6
116.2
109.5
126.1
106.8
139.8

118.3
116.4
106.2
127.6
114.8
136.8

118.3
116.8
104.4
126.2
111.4
136.8

120.4
118.8
108.3
131.6
111.2
146.1

122.9
121.5
113.7
132.9
109.0
150.0

120.6
118.9
112.7
129.7
106.1
146.5

119.8
117.7
109.7
128.6
105.6
145.0

117.1
116.4
104.9
127.4
113.6
137.2

117.6
117.9
107.5
129.3
112.5
141.3

119.9
119.7
108.2
133.6
114.2
147.4

117.3
116.3
110.5
125.0
106.2
138.4

118.5
118.8
118.8
131.6
105.3
150.3

Item

1987 SIC

Total
MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining
INDUSTRY GROUPS and SERIES
Metal mining
10
Iron ore
Copper ore

Coal mining
Oil and gas extraction
Crude oil and natural gas
Natural gas liquids

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

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

Tobacco products

Apparel products
Men’s outerwear
Women’s outerwear

Lumber and products
Lumber
Millwork and plywood

Furniture and fixtures
Household furniture

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

Printing and publishing
Newspapers
Commercial printing

Chemicals and products

131
132

14
142
144
147

20

23
231,2
233

24
242
243

25
251

26
261
262
263
265
267

27
271
275

28

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




19

Table 9 (continued)
E L E C TR IC POW ER U SE: M AN UFACTUR IN G AND MINING
Index. 1987=100

Item

Seasonallvadiusted
1996
Nov.
Dec.
Jan/
Feb/

1987
Billion
KWH

1995
Oct.

282
2821
283
284
286
287

26.5
14.2
5.5
3.1
36.0
8.5

116.4
130.4
143.2
114.8
111.9
131.5

117.0
129.0
136.4
113.9
104.1
132.3

115.2
129.3
139.1
114.2
101.0
132.8

118.2
130.7
139.0
116.9
104.1
133.1

29

40.1

106.4

111:0

111.4

30

33.1.
3.6
3.1
24.9

142.8
115.8
119.5
148.7

143.6
120.5
116.8
149.3

1.0
.4

92.9
92.6

33.8
1.7
6.7
10.1
1.6
5.1

Not seasonallv arlii istan
1996
Nov.
Dec.
Jan/
Feb/

Mar.P

1995
Oct.

122.0
135.1
138.5
114.4
103.1
135.4

119.2
132.4
138.5
111.5
105.3
136.4

116.4
128.4
144.8
116.4
116.2
130.7

115.5
126.9
130.4
111.3
103.5
131.4

113.3
127.5
130.8
109.9
101.1
132.6

117.3
130.2
128.6
113.6
104.3
132.6

116.7
130.7
127.5
111.7
100.7
130.3

114.9
130.1
129.3
111.6
105.0
131.3

112.3

111.3

109.1

104.9

108.4

111.7

113.3

104.0

103.4

142.8
118.3
116.1
148.9

145.0
120.0
116.5
151.4

146.5
119.6
117.6
153.4

145.5
117.0
118.3
152.6

145.5
118.5
121.4
151.5

142.6
116.9
115.9
148.6

137.5
108.5
113.9
144.0

133.1
110.2
111.1
138.0

143.4
113.8
118.8
150.0

144.3
113.4
119.4
151.3

93.1
89.8

92.5
88.1

97.4
93.7

98.6
89.9

93.5
86.8

93.4
91.6

91.4
87.1

89.0
83.0

91.6
85.5

95.8
87.4

91.2
84.1

105.8
113.2
97.8
102.6
109.4
96.6

107.6
111.7
101.1
104.3
112.7
99.9

109.1
116.9
105.2
108.7
112.0
99.6

111.1
113.6
110.6
•107.5
111.1
97.0

110.4
110.1
107.6
110.6
114.2
95.1

107.2
112.9
100.5
103.2
114.3
96.4

110.0
113.0
100.0
112.6
110.6
99.4

109.8
109.6
100.9
111.9
113.5
101.5

108.7
113.6
101.6
110.8
113.0
100.2

105.1
108.0
104.2
97.4
106.7
94.2

102.3
105.7
104.2
89.5
108.6
91.1

102.6
110.8
99.5
91.3
108.9
93.7

137.9
54.4
9.9
55.8
51.2
2.7

109.7
120.7
120.9
85.9
78.4
120.6

110.1
119.4
118.9
87.4
78.4
120.7

112.9
122.2
121.0
91.3
85.2
120.5

113.5
124.1
120.3
91.0
86.5
123.7

114.9
126.2
118.6
91.8
84.5
121.6

110.9
118.9
114.3
89.8
84.6
119.3

110.4
120.4
123.7
87.0
80.9
123.0

109.4
118.8
120.9
86.2
77.9
122.5

111.8
119.7
117.4
92.4
87.0
118.5

113.2
124.7
113.6
92.1
87.2
117.0

112.0
126.0
119.4
85.9
77.7
120.8

113.3
124.5
117.7
89.6
82.8
119.7

31.5
2.5
2.7
5.6
1.7
7.1

116.2
137.7
110.6
111.8
108.1
131.8

116.2
133.7
113.3
111.5
111.9
131.7

115.9
128.2
115.2
112.2
108.4
131.2

118.4
130.2
116.2
112.9
111.1
137.0

118.7
129.1
119.3
114.4
111.4
134.7

116.9
129.7
111.8
114.8
109.4
133.3

117.4
137.0
113.3
111.7
111.2
134.2

115.5
129.8
111.8
112.5
111.0
132.2

112.8
120.2
112.0
111.2
104.2
129.3

113.2
122.9
108.3
112.8
106.2
128.3

119.6
127.2
117.0
118.1
112.9
137.1

118.8
129.7
111.2
116.5
112.5
139.6

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

115.0
114.0
144.3
105.0
131.9
117.1
118.6
87.1
150.9

114.2
114.0
148.0
100.5
133.9
111.6
117.2
89.1
150.7

114.4
116.4
145.5
100.2
136.4
114.7
117.0
88.6
147.3

115.6
114.5
143.0
104.1
135.0
116.2
119.7
87.9
150.1

116.4
119.1
145.5
107.0
136.2
114.8
124.8
85.1
153.0

115.2
110.8
143.4
107.5
136.5
116.2
120.9
83.7
151.9

116.1
113.2
134.8
106.8
132.3
118.4
119.1
90.3
152.6

111.7
109.7
137.4
99.9
130.6
109.8
114.9
86.8
146.8

110.4
108.4
136.0
97.5
130.4
111.9
111.4
89.0
138.1

108.9
106.2
144.8
97.9
125.2
110.3
111.7
84.0
136.9

114.8
112.1
152.2
105.0
132.7
114.7
121.7
84.9
145.5

113.9
107.8
149.1
106.7
133.4
115.3
118.6
83.0
146.1

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

114.2
77.2
110.0
94.3
112.1
158.2
93.7
131.3

114.2
76.1
110.6
95.2
111.5
159.2
95.4
130.0

113.9
77.4
108.5
92.8
107.3
161.9
97.0
131.3

117.9
77.6
111.2
95.8
112.5
153.8
97.5
137.1

116.6
79.0
112.3
97.1
116.1
162.9
95.9
132.6

115.5
76.0
111.3
93.5
111.2
158.6
94.8
134.5

116.0
79.2
109.3
95.8
112.6
163.8
95.2
132.8

111.7
74.8
107.8
91.4
109.5
158.1
92.3
126.6

110.7
74.0
104.6
85.5
104.4
160.5
94.3
128.1

111.1
73.9
106.9
89.7
105.6
149.2
91.2
129.6

112.1
77.5
108.9
93.3
115.0
159.7
91.1
126.7

113.0
75.4
109.3
92.1
111.2
157.0
91.6
130.7

38.3
21.9
10.1
2.1

103.4
106.1
86.5
99.2

103.1
106.3
85.8
95.2

104.4
106.6
89.9
94.5

106.5
111.3
87.4
95.7

106.9
109.9
88.1
96.0

102.5
103.7
85.8
91.9

104.8
108.1
88.0
96.3

100.7
104.0
83.9
93.1

98.8
100.6
85.3
94.6

100.3
103.9
82.8
97.0

103.3
106.0
84.6
99.3

102.3
104.6
84.2
94.3

386

13.1
1.7

106.9
89.9

106.8
88.0

106.1
88.9

110.8
96.4

109.5
92.9

105.5
88.0

109.5
92.0

104.9
86.3

102.3
86.5

104.4
92.6

104.6
89.1

103.2
90.2

39

4.6

135.3

139.5

139.9

143.6

143.6

145.1

138.8

136.1

132.8

133.6

139.8

140.8

832.5
765.4
85.3

114.7
114.7
114.2

115.3
114.5
118.5

115.5
114.5
122.7

116.9
116.1
124.8

117.7
117.6
120.4

115.4
115.5
114.8

116.0
115.9
114.8

114.0
113.5
117.3

113.3
112.4
126.8

113.5
112.6
129.3

113.5
113.2
114.7

113.3
113.3
116.0

1987 SIC

Mar.P

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

Petroleum products
Rubber and plastics products

301
306
308

Tires
Rubber products, nec
Plastics products, nec

Leather and products

31
314

Shoes

32

Stone, clay, & glass products

321
322
324
325
327

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

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

33
331
332
333
3334
336

Fabricated metal products

34

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

341
342
344
345
346

Industrialmachinery
and equipment
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Computer and office equip.
Service industry machines

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

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

Instruments
Photographic equip. & supplies

Miscellaneous manufactures

35
351
352
353
354
355
356
357
358

36
361
362
363
364
365
366
367

37
371
372
373

38

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




20

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
1992, the total IP index has been constructed from 260 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
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.
M arket 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.
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 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 1992 to the present, IP is
aggregated on the basis of 1992 value-added weights. The aggregation of the index
for the 1987-91 period is based on 1987 weights, whereas 1982 weights are used for
the 1982-86 period. The other weight years in the postwar period are 1977, 1972,
1967, 1963, 1958, 1954. and 1947. The 1992 value-added weights used to aggregate
the index are shown in the first column of tables 1, 2, and 6, in the “Value added”
column under the heading “ 1992.”
Seasonal adjustm ent. 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 1995;
for other series, the factors were estimated with data through at least June 1995. In
some cases, series were preadjusted for the effects of holidays or the business cycle
before using X -ll 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.
Reliability. The average revision to the level of the total IP index, without regard to
sign, between the first and the fourth estimates was 0.29 percent during the 1987-95
21



period. The average revision to the percent change in total IP, without regard to sign,
from the first to the fourth estimates was 0.21 percentage point during the 1987-95
period. In most cases (about 82 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. 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 to the index were described in the Federal Reserve Bulletin, vol.
76 (April 1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively.
Two revisions were published in 1994 and were described in the Federal Reserve
Bulletin, vol. 80 (March 1994), pp. 220-6 and vol. 81 (January 1995), pp. 16-26. The
annual revision published in November 1995 was described in the Federal Reserve
Bulletin, vol. 82 (January 1996), pp. 16-25.

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 input.
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 have exceeded 90 percent 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. Two
revisions were published in 1994 and were described in the Federal Reserve Bulletin,
vol. 80 (March 1994), pp. 220-6 and vol. 81 (January 1995), pp. 16-26. The annual
revision published in November 1995 was described in the Federal Reserve Bulletin,
vol. 82 (January 1996), pp. 16-25.

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 value-added proportion for the
nondefense nuclear material series (part of SIC 2819) 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 1996
At 9:15 a.m. on January 24, February 16, March 15, April 16, May 15, June 14, July
16, August 15, September 17, October 17, November 15, and December 16.