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FEDERAL RESERVE statistical release ; G.17 (419) For release at 9:15 a.m. (EDT) June 14,1996 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Industrial production advanced 0.7 percent in May as it had in April. A portion of the increase reflected a spurt in electricity generation related to the unusual weather in May. Excluding the 3 percent gain in utilities production, the index of industrial production rose 0.5 percent, led by sizable gains in business equipment and durable goods materials. At 125.3 percent of its 1987 average, total industrial production was 3.2 percent higher than it was in May 1995. Industrial capacity utilization rose 0.3 percentage point in May, to 83.2 percent. Market Groups The output of consumer goods rose 0.4 percent in May largely because of the jump in residential electricity sales. The production of automotive products, which had rebounded 11.8 percent in April from a strike-induced drop, moved up another 0.6 percent in May. After all the recent volatility, the index for automotive products in April and May was in the upper end of the range that has prevailed during the past two years. The production index for other durable (over) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted Index, 1987=100 Percent change 1996 F e b .r Mar/ Apr/ MayP 124.2 123.9 123.6 123.4 124.4 124.5 Major market aroups: Products, total Con sum er goods Business equipment Construction supplies Materials 120.7 116.6 164.8 109.3 129.4 120.0 115.3 163.0 111.0 129.2 Major industry aroups: Manufacturing Durable Nondurable Mining Utilities 126.2 137.5 113.8 98.0 126.6 125.2 135.7 113.6 101.1 127.9 Industrial Production Total index Previous estimates A pr/ MayP M ay 95 to M ay 96 -.5 -.5 .7 .9 .7 3.2 1.8 1.7 2.7 1.9 .7 -.6 -1 .1 -1 .1 1.6 -.2 .8 .7 2.1 -.6 .5 .6 .4 .8 .3 .9 3.4 2.1 8.7 3.9 2.9 1.4 1.9 .7 .9 .8 -.8 -1 .3 -.2 3.2 1.1 1.1 2.2 -.4 -1 .3 -1 .8 .5 .8 .2 .0 3.1 3.3 6.6 -.9 -.7 6.0 1996 Feb/ Mar/ 125.3 1.3 1.2 120.9 116.1 166.4 110.4 129.8 121.6 116.5 1677 110.7 131.0 126.5 138.6 113.2 99.8 125.6 127.2 139.7 113.4 99.8 129.4 Capacity growth Percent of Capacity Capacity Utilization Total industry Average 1 9 6 7 -9 5 1982 Low 1 9 8 8 -8 9 High 1995 May 1996 Feb/ Mar/ Apr/ MayP M ay 95 to M ay 96 82.1 71.8 84.9 83.7 83.3 83.1 82.6 82.5 82.9 83.0 83.2 3.9 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 82.8 80.8 87.8 89.7 90.6 82.3 81.1 84.9 87.6 93.1 81.3 79.6 85.2 90.4 93.9 81.9 80.5 85.0 89.2 92.1 82.0 80.6 85.2 89.2 94.8 4.3 5.1 2.6 -.1 1.3 Previous estimates Manufacturing Advanced processing Primary processing Mining Utilities consumer goods has changed little in the past two months and approximately equaled its average level in both 1994 and 1995. The output of consumer nondurable goods, which dropped 0.6 percent in April, advanced 0.4 percent in May, reflecting the surge in utility output for residential use; among other consumer nondurables, production was flat overall and has changed little since last summer. The index for business equipment climbed 0.8 percent. The production of computer and office equipment continued to advance strongly; the gain over the past twelve months totaled nearly 40 percent. The output of industrial equipment turned up after having eased for two months. The index for transit equipment fell 0.8 percent as truck production fell back. The production of farm and service industry equipment declined as well. The output of construction supplies advanced 0.3 percent. So far this year, this sector has extended the recovery that began last fall. In the past three months average output was 1.5 percent higher than in the fourth quarter. The production of materials increased 0.9 percent in May after a gain of 0.5 percent in April. The strength was evident in durable goods materials, particularly semiconductors, computer parts, miscellaneous plastics materials, and parts used to make motor vehicles. The output of nondurable goods materials increased 0.2 percent. The production of energy materials rebounded 1.3 percent, with the gain centered in electricity generation and coal mining. Industry Groups Manufacturing output advanced 0.5 percent after a gain of 1.1 percent in April. The strength continued to be centered in durable manufacturing, which climbed 0.8 percent. Production increased 1 percent or more for computers, furniture, and electrical machinery. The output of nondurables rose 0.2 percent but remained nearly 1 percent lower than a year ago. The output of paper and products, which had fallen sharply in the second half of 1995 and early this year, has improved a bit in recent months. Production of textiles and rubber and plastics products rebounded from a sharp decline in April. Production in mining did not change, and the output at utilities jumped 3.1 percent. The factory operating rate edged up 0.1 percentage point, to 82.0 percent, the same level as in the fourth quarter. The utilization rate in advanced-processing industries is close to its 1967-95 average, while the rate in the primary-processing grouping, at 85.2 percent, is 2-1/2 percentage points above its long-run average. Among primary-processing industries, utilization rates remain on the high side for lumber and products, primary metals and fabricated metal products, petroleum refining, and rubber and plastics products; rates are below average for paper and textile mill products. In mining, the utilization rate remained at 89.2 percent, with gains in coal mining and oil and gas well drilling and declines in other categories. The operating rate for utilities rose 2.7 percentage points, to 94.8 percent. The electric utility industry operated at a high level on a seasonally adjusted basis; generation has grown more than generating capacity in recent years. 2 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Seasonally adjusted May data Industrial production indexes Twelve-month percent change Twelve-month percent change 5 0 -5 -10 10 5 0 -5 1990 1992 1994 1996 1990 1994 1996 -10 Manufacturing Total industry Ratio scale, 1987 production = 100 1992 Ratio scale, 1987 production = 100 90 85 80 75 70 65 3 Table 1A IND USTRIAL P R O D UCTIO N : M A R K ET GROUPS Index. 1987=100 1992 Value Index a d d ed1 1995 Dec. 100.0 107.7 122.8 122.5 124.2 60.6 46.3 106.4 108.7 119.2 122.1 118.6 121.9 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 96.2 119.6 103.8 108.2 104.6 109.6 115.7 126.3 132.8 132.1 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 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 Consum er goods Durable Automotive products Autos and trucks Autos Tru ck s Auto parts and allied goods O th e r durable goods Appliances, T v s . and air-cond. Carpeting and furniture Miscellaneous Nondurable Foo ds and tobacco Clothing Chem ical products Pa per products E n e rg y products Fuels Utilities Equipment, total Business equipment Information processing & related C o m p u te r and office Industrial Transit Autos and trucks O th e r Defense and space equipment Oil and gas well drilling Manufactured h om es Intermediate products Construction supplies Business supplies C o n s u m e r parts E qu ip ment parts Othe r Basic metals Nondurable Textile Pape r Chem ical O ther Energy Primary C onv er te d fuel Seasonallv Adjusted 1996 Aor/ Jan. Mar/ Feb.r 123.6 120.7 124.5 114.6 120.3 125.9 124.1 92.8 180.4 128.1 115.5 132.2 101.1 116.2 113.3 110.6 88.2 138.1 104.9 121.0 108.6 126.1 132.3 158.4 209.4 431.7 129.5 124.5 135.3 121.7 62.0 83.8 164.4 99.3 95.2 102.0 39.4 MavP 1995 Dec. Not seasonallv adjusted 1996 Jan. Feb/ Mar/ ADr/ MavP 124.4 125.3 121.0 121.1 123.9 123.2 122.3 123.5 120.0 123.5 120.9 124.9 121.6 125.6 116.7 119.8 116.6 120.2 119.8 124.3 118.9 122.9 118.2 122.0 119.2 123.2 116.6 125.1 133.1 133.5 99.7 194.4 130.7 118.1 137.5 103.4 117.7 114.5 112.0 90.3 138.1 106.0 122.6 111.8 127.2 115.3 119.3 120.3 111.1 77.0 173.1 137.3 118.4 135.9 107.2 116.9 114.4 112.2 89.0 136.8 105.8 123.8 112.2 128.7 116.1 126.0 134.5 135.9 104.1 192.7 130.0 118.5 139.9 104.4 117.0 113.7 112.2 88.7 134.6 106.3 121.3 112.2 125.1 116.5 126.4 135.2 135.9 107.1 187.0 132.3 118.7 137.6 105.0 118.0 114.1 111.9 88.6 134.8 107.0 124.8 113.0 129.8 112.6 116.8 118.5 114.3 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 82.3 128.8 104.2 162.3 106.3 186.6 116.8 129.4 140.9 145.4 110.2 208.5 130.3 119.3 145.3 105.2 115.7 113.8 107.2 87.7 128.6 106.9 148.4 106.5 166.5 114.8 124.7 129.4 124.2 86.3 193.2 138.4 120.7 146.5 108.1 116.1 112.5 107.9 87.2 129.7 107.2 134.4 106.1 146.5 113.1 129.4 140.4 143.1 109.6 203.2 133.2 119.7 142.6 108.1 115.9 109.2 107.5 86.7 127.6 107.1 112.7 110.9 113.3 113.5 128.8 141.0 145.0 114.3 199.5 131.1 118.2 140.8 102.7 117.0 109.8 109.5 88.9 131.1 106.7 103.7 113.8 99.2 133.7 160.5 213.3 442.9 129.6 128.1 129.1 122.1 61.6 85.1 158.1 137.3 164.8 220.5 463.3 131.3 133.2 136.0 123.5 63.1 89.7 157.8 136.7 163.0 222.8 481.0 130.5 120.4 113.6 122.5 64.0 96.3 168.2 139.3 166.4 225.5 495.4 130.1 135.3 140.0 122.3 63.8 100.6 170.7 140.4 167.7 229.3 506.5 130.6 134.2 138.6 121.0 64.0 104.3 172.4 131.4 156.2 208.7 425.7 128.6 115.0 117.4 122.0 64.0 92.9 135.8 129.9 155.0 204.5 415.3 125.5 124.3 123.6 120.5 62.2 86.5 140.0 136.2 163.5 215.1 454.1 129.8 140.1 148.6 123.8 63.3 85.7 153.8 135.9 162.3 218.0 468.3 129.6 128.1 126.5 122.8 64.4 87.6 170.6 136.4 163.1 217.7 471.3 127.0 138.9 147.0 122.1 63.3 91.0 176.3 139.1 166.5 225.4 495.9 128.7 139.6 146.1 121.2 63.7 94.1 176.6 110.1 110.5 110.0 108.5 107.2 109.6 109.3 109.3 109.5 109.4 111.0 108.5 108.7 110.4 107.9 109.4 110.7 108.7 107.4 104.9 109.1 105.7 100.7 109.0 106.2 104.3 107.6 106.9 108.3 106.3 106.5 110.1 104.4 107.2 111.7 104.5 109.7 128.4 128.5 129.4 129.2 129.8 131.0 127.6 128.0 130.3 129.8 128.8 130.0 20.8 4.0 7.5 9.2 3.1 8.9 1.1 1.8 3.9 2.1 9.7 6.3 3.3 112.8 107.4 120.9 108.4 110.0 110.1 100.5 110.8 112.7 109.9 103.7 100.5 110.1 144.8 139.3 170.8 127.2 126.6 117.4 103.3 115.2 121.9 118.9 106.0 101.0 116.2 145.8 140.6 171.7 128.2 125.7 115.7 100.3 113.4 121.8 115.2 105.9 100.6 116.6 147.3 141.1 176.3 127.8 123.7 116.1 101.8 113.4 121.3 117.1 106.1 101.3 115.5 145.7 132.3 177.3 127.4 124.2 116.2 103.1 112.9 121.6 116.4 108.3 104.0 117.0 147.7 142.3 177.9 127.1 123.5 116.1 100.8 113.3 121.6 117.1 106.7 102.1 115.8 149.1 143.9 180.2 127.7 123.3 116.4 102.6 114.9 121.0 116.9 108.1 103.3 117.8 144.4 136.9 174.2 124.8 124.7 112.5 95.0 111.6 118.7 111.9 107.9 102.5 118.8 142.9 136.7 171.0 124.0 124.5 115.3 100.7 115.6 120.4 113.9 110.2 103.8 123.2 147.0 142.7 176.0 126.7 126.0 117.1 103.5 115.9 123.2 114.6 109.1 104.4 118.4 146.3 135.3 177.6 127.3 126.6 117.3 106.1 114.2 122.6 116.5 108.5 104.5 116.5 146.9 141.7 175.9 127.0 125.7 117.2 102.7 112.1 123.8 117.5 103.6 100.5 109.9 149.2 146.9 179.0 127.4 123.7 115.7 105.9 111.9 120.6 115.2 105.1 101.9 111.2 97.2 95.2 98.2 107.8 107.7 106.2 122.5 121.9 118.5 122.4 121.9 118.0 123.8 123.3 119.5 123.9 123.7 118.7 124.0 123.4 119.4 124.9 124.3 120.1 121.2 120.5 116.7 121.1 120.6 116.9 123.2 122.7 119.3 123.2 122.9 118.5 121.7 121.1 117.6 122.8 122.1 118.4 27.0 25.7 106.7 105.8 114.7 115.3 114.0 113.9 115.5 115.9 115.6 114.3 114.8 115.5 115.2 115.5 112.5 109.2 113.9 108.7 115.0 113.3 114.3 112.7 111.2 113.2 111.4 114.6 12.5 12.2 124.3 115.1 160.5 131.3 163.5 132.6 167.5 135.5 167.9 132.3 168.9 134.7 170.5 135.1 160.0 129.4 158.0 129.0 164.8 134.9 165.8 132.5 164.5 133.1 168.4 134.7 29.7 111.9 136.4 136.6 137.8 136.7 138.1 139.1 134.6 134.5 137.9 137.4 137.8 139.0 S P E C IA L A G G R E G A TE S Total excluding: Autos and trucks Motor vehicles and parts C o m p u te r and office equipment Consum er goods excluding: Autos and trucks E nerg y Business equipment excluding: Autos and trucks C o m p u te r and office equipment Materials excluding: E n e rg y 1. Proportion as a share of the value ad ded for the total index. 4 Table 1B INDUSTRIAL PRODUCTION: M A R K ET GR O UPS Percent change Item Total index Products, total Final products 1994Q4 to 1995Q4 1.6 Seasonally adjusted annual rate 1996 1995 Q2 Q3 Q4 Q1r -1.4 3.2 .6 3.0 Seasonally adjusted 1996 ADr/ MavP Feb/ Mar/ Not seasonally adjusted 1996 Feb / Mar/ ADr/ MavP May 95 to Mav96 1.3 -.5 .7 .7 2.3 -.6 -.7 .9 3.2 .8 1.2 .6 .5 2.7 3.4 -.7 -1.1 -.7 -.7 .9 1.0 3.4 4.2 1.0 1.3 -2.1 -1.5 3.9 4.1 -.4 -1.0 3.5 5.1 1.8 2.1 -.6 -.8 .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 -.1 -10.0 -12.1 -20.6 -34.8 -3.3 6.7 -8.0 -18.7 -6.8 -2.3 2.8 2.6 -9.3 5.8 -5.7 16.4 10.9 18.7 1.7 3.9 5.7 7.6 7.4 7.8 2.0 2.2 4.0 2.3 1.3 1.1 1.3 2.3 .0 1.0 1.4 2.9 .8 -1.1 -4.6 -9.6 -16.8 -22.7 -11.0 5.1 .3 -1.1 3.6 -.7 -.2 .1 -1.4 -.9 -.2 1.0 .4 1.2 .7 5.6 11.8 22.3 35.1 11.3 -5.3 .1 2.9 -2.6 .1 -.6 .0 -.3 -1.6 .5 -2.0 .0 -2.8 .4 .3 .6 .0 2.9 -3.0 1.8 .1 -1.6 .6 .8 .4 -.3 -.1 .1 .7 2.9 .7 3.7 2.4 11.6 17.6 24.6 25.2 23.9 4.6 5.9 12.3 6.3 2.3 .1 1.9 6.6 -.2 2.6 -8.6 .2 -10.8 -1.7 -3.6 -8.2 -14.6 -21.7 -7.3 6.2 1.1 .8 2.7 .4 -1.2 .6 -.6 .8 .3 -9.4 -.4 -12.0 -1.5 3.7 8.5 15.3 27.0 5.2 -3.8 -.8 -2.6 .0 -.2 -2.9 -.3 -.5 -1.6 -.1 -16.1 4.5 -22.6 .3 -.4 .4 1.3 4.3 -1.8 -1.5 -1.3 -1.3 -5.0 .9 .5 1.8 2.5 2.8 -.3 -8.0 2.6 -12.5 2.1 4.0 6.4 6.7 7.7 5.6 5.9 1.7 4.9 1.9 -.1 1.5 .3 -8.4 5.8 .5 7.7 4.4 9.1 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 13.2 14.8 22.5 50.6 4.3 17.7 -23.7 4.5 -1.1 37.4 -.9 2.7 2.7 3.4 4.6 1.3 4.0 5.3 1.1 2.5 5.5 -.2 -.5 -1.1 1.0 3.8 -.6 -9.6 -16.4 -.8 1.4 7.3 6.6 1.9 2.1 1.2 3.0 -.3 12.4 23.2 -.2 -.3 4.5 1.5 .8 .8 1.7 2.2 .4 -.8 -1.0 -1.0 .3 3.7 1.0 4.9 5.5 5.2 9.3 3.4 12.7 20.2 2.7 1.8 -.9 9.9 -.2 -.7 1.4 3.1 -.2 -8.6 -14.9 -.8 1.8 2.2 10.9 .3 .5 -.2 .6 -1.9 8.4 16.2 -.6 -1.8 3.9 3.4 2.0 2.1 3.5 5.2 1.3 .5 -.6 -.7 .7 3.3 .2 7.3 8.7 18.3 39.9 3.2 -3.9 .6 -1.4 -4.2 15.2 16.2 -.1 -.4 .0 -4.2 -7.8 -1.8 3.3 1.1 4.7 1.6 6.0 -1.1 -1.7 .1 -2.7 .7 1.9 -.1 .1 1.6 -.9 -.6 -.6 -.6 .6 .3 .8 .5 3.6 -1.3 .7 3.8 -1.2 -.4 1.7 -1.7 .6 1.4 .1 1.1 3.9 -.7 Materials 2.4 -.3 2.1 2.0 2.3 .7 -.2 .5 .9 1.8 -.4 -.8 .9 2.9 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 4.4 -3.8 11.5 1.8 -5.8 -5.2 -12.5 -12.3 -3.0 1.2 4.0 3.3 5.3 1.0 .3 2.7 -.3 -1.6 .4 1.4 -.1 -.3 1.6 .2 .8 -.9 -1.1 -6.2 .6 -.3 .4 .1 1.3 -.4 .2 -.5 2.1 2.6 1.3 1.4 7.6 .3 -.3 -.5 -.1 -2.2 .3 .0 .6 -1.5 -1.8 -1.0 1.0 1.1 1.3 .5 -.2 .2 1.8 1.5 -.5 -.2 1.3 1.1 1.7 2.9 4.4 2.9 2.2 1.2 1.5 2.7 .2 2.3 .6 -1.0 .7 -3.9 -.5 -5.2 .9 .4 .5 .2 2.5 -1.4 -.4 1.6 -.5 .1 -1.6 .4 4.7 -.9 -.2 -.7 -.1 -3.2 -1.9 1.0 .9 -4.5 -3.9 -5.7 1.6 3.6 1.8 .4 -1.6 -1.3 3.1 -.2 -2.6 -2.0 1.4 1.5 1.2 6.7 5.9 12.4 1.7 -1.8 -4.7 -9.0 -8.5 -4.1 -.1 .9 1.0 .7 1.7 1.8 .6 -.7 -.3 -2.4 3.2 3.3 2.5 .8 .7 -.8 3.9 4.5 1.4 1.2 1.2 1.2 .1 .3 -.6 .1 -.2 .6 .7 .7 .6 1.7 1.7 2.1 -.1 .2 -.7 -1.2 -1.4 -.8 .9 .8 .7 3.2 3.2 2.0 .8 -.1 -1.2 -3.8 4.2 2.5 -.1 .5 1.6 -1.9 1.3 1.7 .1 -1.4 -.7 1.0 .4 .1 .9 4.2 -.6 -.6 -2.7 .5 .2 1.2 1.7 1.4 5.6 -1.2 3.7 -4.1 6.2 2.6 2.0 -8.1 18.8 7.0 2.5 2.2 .2 -2.4 .6 1.8 .9 .3 4.3 4.5 .6 -1.7 -.8 .4 2.4 1.2 9.4 2.0 3.1 -1.1 2.4 4.3 1.8 .8 -.8 1.0 .8 2.5 -.3 .3 .8 3.5 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 Note— Percent changes shown in the first and last columns are based on seasonally adjusted data. 5 iw Item 100.0 II o o -------------------------------------------------------------------- IF d e T T _____ 1222_____ ____________ Seasonally Adjusted_____________ Value 1995 1996 SIC added1 Dec. Index Jan. Mar/ Aor/ Mayp 00 Table 2A INDUSTRIAL P R O D U CTIO N : INDUSTRY GROUPS 1995 Dec. Not seasonallv adjusted 1996 Feb/ Mar/ Jan. Apr,r . MavP 122.8 122.5 124.2 123.6 124.4 125.3 121.0 121.1 123.9 123.2 122.3 123.5 85.4 108.2. 124.8 124.5 126.2 125.2 126.5 127.2 121.5 120.7 124.7 124.4 125.0 126.5 Primary processing Advanced processing 26.6 58.9 104.8 109.7 117.3 128.4 116.7 128.2 116.3 131.0 116.9 129.1 116.9 131.1 117.4 131.8 113.8 125.2 114.1 123.8 115.8 128.9 116.8 128.0 117.1 128.7 117.1 130.9 Durable Lumber and products 24 25 Furniture and fixtures Stone, clay, and glass products 32 45.0 134.8 106.9 109.3 104.3 134.9 103.1 109.3 105.5 137.5 103.3 110.5 104.1 135.7 107.4 108.7 103.0 138.6 109.5 109.0 104.3 139.7 108.8 131.2 99.5 105.5 99.3 137.3 2.1 109.3 95.2 99.2 95.3 109.8 100.4 136.5 106.4 107.4 101.3 137.6 108.4 107.8 104.0 139.7 108.3 108.0 105.9 Primary metals 33 Iron and steel 331,2 Raw steel Nonferrous 333-6,9 Fabricated metal products 34 Industrial machinery and equipment 35 Computer and office equip. 357 36 Electrical machinery 3.1 1.7 101.9 104.7 120.0 121.5 128.1 113.9 113.0 115.6 ' 191.9 442.9 182.4 117.1 119.5 112.5 113.6 117.0 117.1 120.5 123.7 117.1 116.0 114.6 120.1 121.0 118.9 123.8 118.6 115.1 115.4 125.3 115.4 115.2 113.7 120.8 Total index Manufacturing Transportation equipment 37 371 Motor vehicles and parts Autos and light trucks 372-6,9 Aerospace and misc. Instruments 38 39 Miscellaneous Nondurable Foods Tobacco products Textile mill products Apparel products Paper and products 20 21 22 23 26 Printing and publishing Chemicals and products Petroleum products Rubber and plastics products Leather and products Mining Metal mining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas 27 28 29 30 31 10 12 2.0 1.4 107.7 506.5 190.8 186.2 425.7 183.9 183.7 415.3 179.8 195.1 454.1 187.6 198.8 468.3 187.8 196.4 471.3 186.0 112.1 102.9 121.3 109.9 85.2 113.0 124.0 114.3 144.3 135.5 85.5 112.7 122.7 114.8 145.0 135.8 85.7 113.7 122.5 105.4 130.7 114.1 81.1 109.8 124.4 106.2 131.2 116.2 82.2 108.6 118.5 115.9 148.9 144.8 84.2 107.4 130.0 111.0 122.1 141.1 132.8 84.2 113.4 124.0 115.6 147.2 142.7 85.2 110.5 113.8 114.8 88.4 108.3 91.5 118.2 113.1 114.8 87.1 104.1 89.2 114.9 113.8 116.0 90.9 106.2 90.9 113.5 113.6 115.8 91.7 109.3 89.6 114.9 113.2 115.8 93.1 105.7 90.2 115.3 113.4 115.9 90.1 106.6 90.4 116.6 109.4 111.5 72.4 97.3 91.1 109.1 109.3 110.7 109.9 93.9 105.3 89.7 116.0 97.9 127.1 108.9 139.0 75.6 98.7 127.1 116.2 89.0 98.8 126.5 108.9 139.3 76.8 96.8 126.6 109.9 140.6 76.6 96.4 126.1 110.3 138.0 75.4 96.6 126.0 109.6 140.1 75.3 98.9 163.7 108.2 93.2 99.1 98.1 172.8 108.5 90.1 112.4 97.1 159.5 103.3 90.8 108.9 98.0 157.1 108.0 90.2 117.2 101.1 166.0 114.8 92.7 117.5 99.8 160.5 109.5 92.6 114.0 124.0 172.6 123.5 190.1 431.7 182.8 104.8 107.4 109.7 141.2 131.5 79.4 109.7 123.5 102.1 102.3 106.3 106.9 1.6 1.8 2.2 106.7 106.9 95.8 104.0 95.0 3.6 110.0 6.9 .5 1.0 121.0 199.6 495.4 188.5 8.0 1.8 9.9 1.4 3.5 .3 116.7 118.5 116.0 98.1 99.0 6.8 118.4 120.3 198.7 481.0 188.0 101.2 40.5 9.4 100.2 196.1 463.3 188.7 ..1 1.4 5.0 9.5 4.8 2.5 4.7 5.4 L3 104.6 101.6 118.6 121.9 112.9 114.1 115.8 122.7 118.0 116.2 115.0 7.2 111.2 132.6 99.9 107.8 98.1 114.4 102.6 108.3 135.5 123.5 82.2 110.2 139.7 77.1 120.2 114.9 112.8 112.6 112.0 115.6 116.8 114.0 114.6 126.4 114.1 113.9 111.3 202.1 112.6 86.1 99.5 85.8 116.9 111.2 121.1 122.8 85.7 111.7 123.1 121.6 111.2 111.1 110.7 93.3 109.4 111.3 113.8 116.0 115.7 201.0 495.9 189.1 118.2 151.4 145.0 86.3 112.0 122.0 88.8 88.0 116.0 115.6 111.9 113.8 85.6 109.5 90.3 113.4 94.0 124.0 94.2 124.4 107.7 138.5 75.0 94.3 124.8 111.3 140.0 75.4 88.1 108.7 96.7 93.4 120.2 122.0 109.6 137.7 77.2 101.5 137.2 74.0 94.6 123.5 101.7 139.4 75.1 99.8 158.3 111.9 92.5 111.9 99.1 169.9 104.9 92.8 107.1 96.8 154.2 105.4 92.1 93.1 98.0 157.7 115.3 90.7 101.5 100.6 166.4 120.5 91.9 108.3 99.0 162.8 109.9 91.4 114.0 98.5 161.0 105.9 91.1 117.6 150.7 132.8 142.0 126.9 201.4 132.8 121.3 178.3 116.6 112.8 131.4 115.1 120.5 93.9 102.1 140.8 75.7 13 14 4.8 491,3pt 492,3pt 6.1 1.6 111.9 111.7 112.7 125.1 123.9 129.9 125.6 125.5 125.6 126.6 126.6 126.3 127.9 127.1 131.1 125.6 125.3 126.6 129.4 130.3 125.8 137.3 124.6 187.5 221.1 80.6 83.7 108.2 106.3 123.9 119.7 123.9 119.3 125.4 120.7 125.4 119.4 125.5 126.1 121.0 120.1 120.6 121.1 116.5 115.8 123.2 119.3 124.1 118.8 123.6 119.3 125.0 120.5 11.9 11.2 9.9 4.7 5.3 5.0 0.3 12.2 10.0 11.2 12.6 10.8 5.7 5.5 5.2 0.3 12.0 6.1 12.2 6.1 6.3 5.9 5.6 0.3 6.5 5.7 5.4 0.3 5.2 4.7 4.5 5.7 5.5 5.2 0.3 6.5 5.1 5.7 5.4 0.3 13.0 6.7 6.3 13.8 7.3 6.4 .6 7.7 SP EC IA L A G G R E G A TE S Manufacturing excluding: Motor vehicles and parts Computer and office equipment Memo: Motor vehicle assemblies2 Total Autos Trucks Light Heavy and medium 5.8 5.5 0.3 5.9 5.6 0.3 1. 2. 0.2 6.2 5.8 0.3 6.0 6.1 0.3 0.3 Proportion as a share of the value added for the total index. 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 ana other agricultural chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. 6 Table 2B INDUSTRIAL PRODUCTION: INDUSTRY GROUPS P ercent change S IC Item 1994Q 4 to 1995 Q 4 S easonallyadjusted annual rate 1996 1995 Q4 Q2 Q 1r Q3 Seasonallvadiusted 1996 Feb.r M a r/ A D r/ MavP Not seasonally adjusted 19 9 6 Feb/ M a r/ MavP Adr / M ay 95 to M av 96 Total index 1.6 - 1 .4 3.2 .6 3.0 1.3 -.5 .7 .7 2 .3 -.6 -.7 .9 3.2 Manufacturing 1.4 - 2 .2 2.6 1.4 2.4 1.4 -.8 1.1 .5 3.3 -.2 .4 1.2 3.3 -1 .1 2.5 -4 .7 -1 .1 -2 .1 4.8 .1 2.0 - 1 .6 4 .3 -.3 2.1 .5 - 1 .4 .0 1.5 .4 .6 1.5 4.1 .9 -.7 .2 .5 .0 1.7 -.4 4.9 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 - 4 .8 4.8 5.6 - 4 .4 - 1 .7 - 1 .5 1.9 .2 1.1 - 1 .3 - 1 .3 4.0 - 1 .6 - 1 .0 2.2 2.0 .3 1.3 .8 -.6 1.9 .2 4 .7 2.1 4.1 1.1 -.6 4 .7 -2 .1 .9 .8 2 .0 .3 2 .7 1.5 -.1 .2 1.8 6.6 7.0 .3 .4 - 1 .7 - 2 .4 .7 -.7 .9 - 6 .8 - 1 0 .6 - 8 .3 - 1 .8 - 4 .4 - 2 .9 - 1 .9 4.5 -4 .1 2.5 2.1 -.1 1.6 5.0 2.1 -.9 4 .3 - 4 .9 - 7 .2 6.0 - 3 .6 - 6 .7 - 1 .3 .5 1.2 .0 .5 2.1 -.7 -.8 1.3 1.4 - 1 .7 1.1 -.2 -.1 - 1 .3 -.3 1.3 .8 -.4 -2 .1 2 .7 1.8 2.9 -.3 .1 1.2 -.7 .7 .7 1.2 -2 .7 .1 -1 .5 - 1 .8 - 3 .6 - 1 .4 .7 1.8 -.9 - 2 .2 -.3 .7 2.7 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 .2 50 .6 7.8 2.2 4.6 3.5 1.3 3.8 -.4 .5 3.0 .3 1.3 2.2 1.2 6 .2 9.3 4 .3 1.9 3.1 .1 - 1 .2 .6 -1 .0 2.3 5.2 1.6 15.8 39 .9 11.5 3 7 2 -6 ,9 38 39 - 6 .2 - 2 .6 - 2 .7 -1 1 .8 .6 .6 - 1 2 .9 - 1 8 .2 - 2 1 .3 - 3 .9 -.6 -3 .1 - 2 .8 .6 -.8 - 7 .9 1.5 - 1 .4 - 1 3 .7 -.5 .8 - 3 1 .5 -.2 2.4 -5 .1 --2 0 .7 --2 1.9 2 6 .8 5.8 1.2 3.5 4.2 7.6 2.4 2.2 1.6 - 8 .2 -1 4 .1 - 1 7 .3 1.2 -.4 .0 11.2 19.0 23 .3 .4 -.2 -1 .1 .4 .4 .3 .2 .9 -.1 9.2 13.5 2 4 .6 2.5 2.4 2.2 - 7 .3 - 1 2 .7 - 1 5 .2 1.8 .4 1.6 7.6 13.3 16.2 -.6 -1 .1 -1 .2 2.3 2.8 1.6 1.3 1.3 .3 1.4 4.5 6.7 - 3 .2 3.8 .2 Foods Tobacco products Textile mill products Apparel products P aper and products 20 21 22 23 26 - 1 .0 .4 -6 .1 - 5 .7 - 9 .0 - 3 .0 - 2 .5 2.4 13.6 - 8 .8 -1 1 .8 .5 -.4 - 1 .0 4.4 - 9 .6 - 8 .9 - 5 .5 - 1 .3 - 1 .4 - 1 9 .8 - 5 .3 - 8 .9 - 4 .7 - 1 .6 1.9 6.2 --10.1 --1 0.4 --11.7 .7 1.0 4.3 2.0 1.9 - 1 .2 -.2 -.2 .9 2.9 - 1 .4 1.2 -.4 .0 1.6 - 3 .2 .6 .3 .2 .1 - 3 .2 .9 .3 1.1 1.5 .5 9.1 5.9 4.6 -.7 .4 .7 -.6 3.9 -1 .1 .1 -.1 .5 -5 .5 -.7 -.9 -.4 .7 2.2 - 2 .9 .7 2.6 - 1 .8 -.9 .0 1.0 -6 .1 - 7 .3 - 4 .8 Printing and publishing C hem icals and products Petroleum products R ubber and plastics products Leather and products 27 28 29 30 31 - 1 .9 2.4 .2 -.5 - 9 .2 - 3 .9 - 4 .2 -1 .1 - 7 .2 -1 3 .9 3.5 2 .0 4.5 -.6 -1 0 .6 - 3 .0 5.9 - 5 .2 3.0 - 8 .5 - 4 .9 1.8 7.3 .0 - 8 .9 .8 .1 1.2 .5 2.0 - 2 .0 -.4 -.3 .6 -.7 -.4 -.4 .4 - 1 .8 - 1 .6 .2 -.1 -.6 1.5 .0 1.3 1.2 .2 1.6 1.5 -.7 .5 .4 1.0 .7 .3 .3 5.4 - 1 .7 -.9 .0 .4 3.4 1.1 .7 - 2 .4 1.6 2.0 1.4 - 9 .2 10 12 13 14 - 1 .8 8.0 -3 .1 - 3 .0 2.0 .4 1.2 - 1 0 .9 3.6 - 3 .5 - 1 .8 16.7 9.4 - 6 .5 3.2 - 7 .7 9.6 -1 3 .9 - 8 .5 -3 .1 2.0 --2 9.7 - 4 .9 6.6 9.8 .9 - 1 .5 4.6 -.6 7.6 3.2 5.7 6.3 2.7 .3 - 1 .3 - 3 .3 - 4 .6 -.1 - 3 .0 .0 - 1 .4 2.1 -.1 - 1 .8 1.2 2 .3 9.4 - 1 .5 9.0 2.6 5.5 4.4 1.4 6.7 -1 .5 -2 .2 -8 .8 -.6 5.2 -.5 - 1 .2 - 3 .6 -.2 3.2 -.7 - 3 .7 1.0 -.9 .7 4 9 1 ,3pt 4 9 2 ,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 8.8 9.0 7.7 .8 .9 .6 1.1 .4 3.8 - 1 .8 - 1 .4 - 3 .4 3.1 4.0 -.6 - 5 .8 - 4 .5 - 8 .9 - 6 .4 - 4 .4 -1 1 .5 - 1 2 .2 -7 .0 - 2 6 .3 - 1 .3 6.8 - 2 8 .5 6.0 7.5 .3 1.7 .3 - 1 .0 - 3 .4 2.8 1.9 1.6 -.1 4.2 .6 1.2 1.2 .0 -1 .1 .0 1.0 .5 .4 2 .6 3.0 .7 -.4 -.4 .4 1.1 1.0 3.2 1.8 Primary processing Advanced processing Durable Lum ber and products Furniture and fixtures Stone, clay, and glass products 24 25 32 Prim ary m etals 33 Iron and steel 3 3 1 ,2 R aw steel Nonferrous 3 3 3 -6 ,9 Fabricated m etal products 34 Industrial m achinery and equipm ent 35 C om puter and office equip. 357 Electrical m achinery 36 Transportation equipm ent Motor vehicles and parts Autos and light trucks A erospace and misc. Instrum ents M iscellaneous 37 371 Nondurable Minina M e talm in in g Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric G as SP ECIA L A G G R E G A TE S Manufacturing excluding: Motor vehicles and parts C om puter and office equipm ent N ote— P ercent changes shown in the first and last columns are based on seasonally adjusted data. 7 Table 3 C A P A C ITY UTILIZATION: M ANUFACTURING, MINING, AND U TILITIES P ercent of capacity, seasonally adjusted Item SIC 1995 Proportion 1 9 67 1995 Ave. 1973 Hiah 1978 1980 Hiah 1982 Low 1988 1989 Hiah 1 9 90 1991 Low 1995 M av 1995 Dec. 1996 Jan. F eb.r M a r/ A p r/ MavP Total industry 10 0 .0 82.1 89.2 87 .3 7 1 .8 8 4 .9 7 8 .0 8 3 .7 8 2 .9 82 .4 8 3 .3 8 2 .6 8 2 .9 83 .2 Manufacturing 8 7 .3 81.4 88 .9 87.3 7 0 .0 8 5 .2 76 .6 8 2 .8 81 .9 81 .4 8 2 .3 81 .3 81 .9 82 .0 2 5 .2 62.1 82 .6 80 .7 92.2 87.5 89.7 86.3 6 6 .8 7 1 .4 8 9 .0 83 .5 7 7 .9 76.1 8 7 .8 8 0 .8 86 .0 80 .2 85 .4 79 .7 8 4 .9 81.1 85 .2 7 9 .6 8 5 .0 80 .5 85 .2 80 .6 4 8 .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 6 5 .0 6 0 .9 6 8 .9 63.1 8 4 .0 93 .3 8 6 .8 8 3 .8 7 3 .7 76.1 7 2 .2 7 1 .0 8 2 .3 8 5 .7 8 2 .7 7 9 .9 81 .7 88.1 80 .8 79 .2 81 .3 84 .8 80 .7 79 .9 82 .5 84 .8 8 1 .4 7 8 .7 8 1 .0 88.1 79 .9 7 7 .7 82 .3 89 .6 80 .0 78.5 82 .5 88 .9 81 .3 78.5 80.9 80 .6 80 .2 8 1 .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 4 6 .8 3 8 .3 35 .2 6 2 .2 42.1 58 .6 92 .8 9 5 .7 9 2 .7 8 8 .7 85 .9 10 0.4 74 .2 7 2 .0 71 .5 7 5 .2 7 3 .6 9 7 .3 9 3 .3 9 3 .0 9 3 .0 9 3 .7 88 .2 7 9 .8 92 .6 91 .8 95 .3 93 .5 81 .3 84 .0 93 .5 95 .6 91 .7 90 .7 90.1 84 .4 8 9 .8 88 .9 90 .3 91 .0 83 .7 85.1 8 9 .6 89.1 91 .9 90 .2 82 .5 85 .2 90 .5 90.1 90 .0 91.1 84 .9 85 .6 90 .2 88 .6 3 3 3 -6 ,9 3331 3334 2.9 1.6 .1 1.3 .1 .1 92.1 82 .8 84 .9 34 5.1 77 .8 87.8 83.9 6 2 .9 8 2 .0 71 .3 84.1 84 .0 84 .3 85.1 8 4 .3 84 .0 84 .6 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 6 4 .9 63.1 71.1 84 .0 8 4 .4 8 4 .9 71 .8 64 .5 77 .0 87.1 8 6 .6 8 6 .0 88 .8 89 .9 84 .4 88.8 90 .3 83 .2 89 .9 92 .5 85.1 90 .3 93 .9 83 .8 89 .8 94 .7 8 3 .0 90 .0 94 .7 83 .0 37 371 75.1 76.2 83.8 93.4 3 7 2 -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 5 6 .7 4 4 .5 40.1 6 6 .9 7 9 .0 66.1 8 4 .4 85.1 89.1 8 8 .4 81 .2 80.1 6 9 .7 56 .6 53 .3 78 .8 7 6 .8 7 3 .0 74 .3 7 9 .6 7 9 .9 6 7 .6 77 .2 7 4 .3 71.2 78 .4 81.2 61 .5 76 .9 73 .4 70.2 75 .0 76.1 63 .8 77 .7 72 .3 72.5 77 .9 8 1 .7 65 .5 79 .3 73 .2 66 .5 6 6 .7 67 .5 66 .3 79 .0 73 .0 73 .8 79.1 83 .2 66 .7 78 .7 72 .0 74.0 79 .3 83 .3 66.9 79 .3 71 .7 20 22 23 26 2 6 1 -3 27 3 8 .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 7 8 .8 73 .8 7 8 .9 8 2 .0 82.1 8 3 .0 8 6 .7 83 .3 92.1 84 .2 94 .8 98.1 9 2 .3 8 0 .3 8 0 .8 78 .8 7 5 .0 86 .7 90.1 79 .0 83 .5 83.1 87.1 7 7 .3 93 .0 97 .8 8 0 .3 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 .9 82 .2 79 .4 71 .0 84.1 87 .9 80 .2 8 1 .6 82 .0 81 .6 70 .0 85 .0 8 7 .3 78 .7 81 .2 81 .9 78 .9 70 .4 85.1 87 .6 78 .4 81 .2 81 .8 79 .4 70 .6 85 .8 88 .9 78 .7 C hem icals and products 28 Plastics materials 2821 Synthetic fibers 2 8 2 3 ,4 Petroleum products 29 R ubber 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 6 3 .4 6 4 .4 6 8 .2 73 .5 78.1 8 5 .9 9 7 .0 99 .7 8 8 .5 90 .5 83 .8 79 .0 74 .8 77 .6 8 4 .6 78 .0 76 .0 80 .2 91 .9 91 .9 92 .4 90 .6 82 .8 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 .7 91 .3 83 .9 94 .3 89 .4 78.6 80.2 92 .6 86.1 94 .0 89 .8 78.2 7 9 .7 79.5 82 .9 94 .3 87 .9 77.1 93 .6 89 .0 77.2 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 8 0 .6 4 3 .4 75 .4 82.5 50 .8 6 3 .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 .7 84 .9 84 .0 91 .4 74 .3 90 .3 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 .6 80.5 81.2 88 .9 75 .0 93.1 90 .4 85.1 86 .2 91 .4 80 .7 93 .2 89.2 82 .2 82.2 91 .4 84 .4 90 .3 89.2 81 .0 83 .9 91 .4 87 .8 88 .4 4 9 1 ,3pt 4 9 2 ,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 90 .6 9 1 .7 86 .3 92 .2 93.1 89 .0 92 .4 94.2 86 .0 93.1 94 .9 86 .4 93 .9 95 .2 89.6 92.1 93 .7 86 .4 94 .8 97 .3 85 .8 Primary processing Advanced processing Durable Lum ber and products Furniture and fixtures Stone, clay, and glass products Prim ary m etals Iron and steel R aw steel Nonferrous Prim ary copper Prim ary aluminum Fabricated m etal products Industrial m achinery and equipm ent C om pu ter and office equip. Electrical m achinery Transportation equipm ent Motor vehicles and parts Autos and light trucks1 A erosp ace and misc. Instrum ents M iscellaneous 24 25 32 33 3 3 1 ,2 Nondurable Foods Textile mill products Apparel products P aper and products Pulp and paper Printing and publishing Mining M etal mining Coal mining Oil and gas extraction Oil and gas well drilling S tone and earth minerals Utilities Electric G as 1. Series begins in 1977. Note— Prim ary processing m anufacturing includes textile mill products, paper and products, industrial chem icals, synthetic m aterials, and fertilizers, petroleum products, rubber and plastic products, lum ber and products, primary m etals, fabricated m etals, and stone, clay, and glass products. A dvanced processing m anufacturing includes foods, tobacco products, apparel products, printing and publishing, chem ical products and other agricultural chem icals, leather and products, furniture and fixtures, industrial m achinery and equipm ent, electrical m achinery, transportation equipm ent, instruments, and m iscellaneous m anufactures. 8 Table 4 INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES S IC Item Percent chanae D ece m b er to D ecemb er Annual rate 1967196719751975 1995 1995 1994 1992 1993 Ave. Ave. 1995 1996P Ave. Capacity indexes Percent of 1987 outout 1995 Mav 1995 Dec. 1996 Jan. Feb. Mar. Apr. Mav 4.0 145.0 148.2 148.7 149.1 149.6 150.1 150.6 Total industry 2.9 3.7 2.5 2.1 2.1 Manufacturing 3.3 3.9 3.0 2.5 2.5 3.6 4.3 4.5 148.7 152.4 153.0 153.5 154.0 154.6 155.1 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 5.3 134.3 155.6 136.4 160.1 136.7 160.8 136.9 161.5 137.2 162.1 137.5 162.8 137.7 163.5 3.6 1.7 3.0 1.3 3.7 2.9 4.5 2.5 3.6 1.3 2.3 .8 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 2.8 159.2 118.7 134.0 130.3 165.0 121.2 135.3 131.7 165.9 121.5 135.5 132.0 166.7 121.7 135.8 132.3 167.6 122.0 136.1 132.6 168.5 122.2 136.4 132.9 169.4 122.4 136.6 133.2 3 3 3 -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 .0 128.1 132.4 121.5 122.5 157.7 125.0 129.7 133.7 123.8 124.3 160.2 125.0 130.0 134.0 124.2 124.5 160.3 125.0 130.3 134.4 124.6 124.8 160.2 125.0 130.7 134.9 125.0 125.0 160.0 125.0 131.0 135.3 125.4 125.3 159.9 125.0 131.4 135.7 125.9 125.5 159.8 125.0 34 1.6 3.1 1.0 .4 1.1 1.9 2.2 2.0 135.2 136.9 137.1 137.4 137.6 137.8 138.1 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 19.1 7.4 9.0 25.5 9.9 11.6 26.9 15.2 12.5 29.5 15.6 200.5 417.9 199.0 214.0 480.3 216.5 216.0 490.4 219.2 218.1 501.1 221.8 220.2 512.1 224.4 222.3 523.3 227.1 224.4 534.7 229.9 37 371 2.6 3.4 3.0 4.5 2.5 2.9 3 7 2 -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 3.8 152.4 174.4 159.4 130.9 142.0 164.5 154.1 180.0 162.0 129.0 142.7 168.3 154.4 180.7 162.3 128.8 142.9 168.8 154.6 181.3 162.5 128.6 143.0 169.3 154.7 181.8 162.7 128.4 143.1 169.9 154.9 182.4 162.9 128.3 143.2 170.4 155.1 182.9 163.1 128.1 143.3 170.9 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 -.6 137.1 139.4 130.4 126.1 131.7 126.5 123.3 138.6 140.7 133.2 127.9 134.3 129.0 123.1 138.8 140.9 133.5 128.0 134.6 129.3 123.1 139.0 141.1 133.7 128.0 134.9 129.5 123.0 139.2 141.3 133.9 128.1 135.2 129.7 123.0 139.4 141.4 134.1 128.1 135.5 129.9 122.9 139.6 141.6 134.2 128.1 135.8 130.2 122.8 Chem icals and products 28 Plastics materials 2821 Synthetic fibers 282 3, 4 Petroleum products 29 Rubber and plastics products 30 Leather and products 31 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 .4 154.7 133.8 135.3 116.2 152.5 100.2 156.9 137.7 138.0 116.6 155.4 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 97.7 158.5 139.9 139.4 117.1 157.4 97.5 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 2.4 112.0 193.5 132.0 102.2 121.9 123.0 111.9 194.7 132.8 101.6 120.1 125.3 111.9 194.9 132.9 101.6 119.9 125.6 111.9 195.0 133.0 101.5 119.6 125.8 111.9 195.2 133.2 101.4 119.4 126.0 111.8 195.3 133.3 101.3 119.1 126.3 111.8 195.5 133.4 101.2 118.9 126.5 49 1,3pt 4 92,3pt 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 1.1 134.8 132.1 145.4 135.7 133.1 146.0 135.8 133.2 146.1 136.0 133.4 146.2 136.2 133.6 146.3 136.3 133.8 146.5 136.5 133.9 146.6 Primary processing Advanced processing Durable L um ber and products Furniture and fixtures Stone, clay, and glass products Primary metals Iron and steel R a w steel Nonferrous Primary copper Primary aluminum Fabricated metal products Industrial machinery and equipment Co m p u te r and office equip. Electrical machinery Transportation equipment Motor vehicles and parts Autos and light trucks1 A ero spa ce and misc. Instruments Miscellaneous 24 25 32 33 331,2 Nondurable Foods Textile mill products Apparel products Pap er 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 p. Preliminary estimate for current year. 1. Series begins in 1977. 9 3.2 3.8 Table 5A INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA Seasonally adjusted Jan . Feb. Mar. Apr. May June July Auq. Sept. Oct. Nov. Dec. Q1 Q2 Q3 Q4 Annual 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 c .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 1.3 .8 .1 -.5 .3 -.4 .7 .5 .0 .7 .5 .1 .2 .1 .5 1.0 .1 .1 .7 -.5 .5 .3 .8 .2 8.4 3.9 3.0 7.0 -1 .4 4.6 3.2 6.4 .6 5.9 3.2 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 114.6 121.8 122.5 115.5 121.7 124.2 116.4 121.9 123.6 116.8 121.4 124.4 117.5 121.3 125.3 118.1 121.4 118.4 121.5 118.9 122.7 119.1 122.8 119.9 122.2 120.5 122.6 121.5 122.8 115.5 121.8 123.4 117.5 121.4 118.8 122.3 120.6 122.5 118.1 121.9 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 138.7 143.2 148.7 139.1 143.6 149.1 139.5 144.1 149.6 139.8 144.5 150.1 140.2 145.0 150.6 140.5 145.4 140.9 145.9 141.3 146.3 141.7 146.8 142.0 147.2 142.4 147.7 142.8 148.2 139.1 143.6 149.1 140.2 145.0 141.3 146.3 142.4 147.7 140.8 145.7 1984 1985 1986 1987 1988 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 83.3 83.5 84.6 82.6 83.6 84.0 82.9 83.8 83.7 83.2 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 82.8 83.8 83.7 84.1 83.6 84.7 82.9 83.9 83.8 Year Industrial Production, Percent Change1 Industrial Production Capacity Utilization 1. Quarterly percent changes are at annual rates. Annual percent changes are calculated from annual averages. 10 Table 5B INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA Seaso nally adjusted Year Jan. Feb. Mar. Apr. M ay June July Auq. Sept. Oct. Nov. Dec. Q1 Q2 Q3 Q4 Annual 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 1994 1995 1996 .2 .3 -.2 .9 -.2 1.4 1.0 .1 -.8 .6 -.4 1.1 .6 -.3 .5 .3 .1 .4 .0 .6 .7 .2 .6 .9 -.4 .6 .1 .9 .3 8.9 3.9 2.4 8.5 -2 .2 5.1 2.6 7.9 1.4 6.6 3.4 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 115.5 124.1 124.5 116.6 123.9 126.2 117.8 124.0 125.2 118.5 123.5 126.5 119.1 123.2 127.2 119.5 123.3 120.0 123.3 120.7 124.2 120.9 124.9 122.0 124.4 122.7 124.5 123.8 124.8 116.6 124.0 125.3 119.0 123.3 120.5 124.1 122.8 124.6 119.7 123.9 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 141.5 146.7 153.0 141.9 147.2 153.5 142.3 147.7 154.0 142.7 148.2 154.6 143.1 148.7 155.1 143.6 149.2 144.0 149.7 144.4 150.2 144.9 150.8 145.3 151.3 145.7 151.9 146.2 152.4 141.9 147.2 153.5 143.1 148.7 144.4 150.2 145.7 151.9 143.8 149.5 1984 1985 1986 1987 1988 79.6 79.5 80.0 79.3 83.2 79.9 79.7 79.4 80.5 83.1 80.3 80.0 78.5 80.7 83.2 80.4 80.0 79.0 80.9 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 82.3 82.8 84.0 81.3 83.0 83.4 83.2 82.8 82.0 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 Industrial Production, Percent Change1 Industrial Production Capacity Utilization 81.9 1. Quarterly percent ch anges are at annual rates. Annual percent chang es are calculated from annual averages. 11 Table 6 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Item SIC Metal mining 10 1992 Value Index add ed1 1995 Nov. Index. 1 9 8 7 = 100 Seasonalivadiusted Not seasonally adjusted 1996 1996 1995 Jan . Dec. F e b .r Nov. Jan . F e b .r Mar/ Mar.r Aor/ Dec. .46 .06 ,40 .13 163.7 116.3 173.2 141.9 175.9 129.8 185.0 150.5 172.8 123.0 182.9 152.6 159.5 110.3 169.1 141.9 157.1 117.8 164.8 136.9 166.0 123.2 174.6 159.1 160.5 101 1 0 2 - 4 ,8 , 9 102 C o a l m in in g 12 1.03 108.2 109.5 108.5 103.3 108.0 Oil a n d gas extraction Crud e oil and natural gas C ru d e oil, total Natural gas Natural gas liquids Oil and gas well drilling 13 132 138 4.79 3.99 2.31 1.67 .25 .55 93.2 93.8 85.9 107.5 109.4 79.9 90.1 89 4 77.3 110.4 114.0 83.1 90.1 89.5 76.4 112.4 108.4 83.8 90.8 89.9 76.6 112.9 112.9 85.1 14 .58 99.1 110.9 112.4 20 202 2021 2022 2023 2024 202 6 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 90.2 114.8 129.8 110.4 125.7 159.6 82.1 112.4 89.1 138.4 113.8 130.8 95.0 203 204 205 206 20 7 208 20 82 ,3 20 86 ,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 Tobacco products 21 1.63 95.8 Textile mill products 22 Iron ore Nonferrous ores Copper Stone and earth minerals Foods Meat products Beef Pork Poultry Miscellaneous meats Dairy products Butter Ch eese Concentrated milk Frozen desserts Milk and misc. dairy products C a n n e d and frozen food Grain mill products Bakery products S u g a r and confectionery Fats and oils Beverages Be er and ale Soft drinks Coffee and miscellaneous Roasted coffee 131 201 Lumber and products Logging and lumber Logging Lumber products Millwork and plywood Plywood Manufactured homes 169.9 124.1 179.0 150.4 154.2 103.2 164.5 142.0 157.7 110.2 167.3 139.1 166.4 118.7 176.0 155.2 162.8 169.5 150.4 173.0 129.0 181.7 147.4 114.8 109.5 109.4 104.9 105.4 115.3 120.5 109.9 90.2 88.7 76.8 109.4 108.6 89.7 92.7 90.3 76.9 113.4 117.4 96.3 92.6 89.4 76.0 92.8 91.3 77.3 115.6 107.7 92.9 92.1 91.3 77.0 116.1 110.7 86.5 90.7 89.9 77.6 111.3 107.5 85.7 91.9 90.6 77.3 113.8 117.0 87.6 91.4 89.3 75.6 118.5 100.6 92.9 90.8 77.7 113.6 115.4 93.8 118.3 91.0 108.9 117.2 117.5 114.0 113.3 107.1 93.1 101.5 108.3 114.0 114.8 130.6 110.7 123.1 163.8 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 94.8 116.0 134.2 112.8 127.0 169.1 87.4 112.6 90.0 143.3 116.2 121.7 94.0 115.8 131.2 111.7 118.8 167.4 88.0 112.1 91.3 141.7 114.4 122.1 94.4 115.8 133.2 116.3 124.4 162.8 83.4 111.9 84.2 142.1 113.7 122.0 94.2 114.9 128.8 106.8 134.5 155.0 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 93.4 109.9 130.7 109.2 123.6 165.5 92.6 113.0 109.4 143.5 119.8 112.5 94.8 110.7 128.5 106.2 121.3 164.4 97.7 116.2 102.6 145.0 122.4 127.4 96.6 111.3 129.8 110.0 124.0 161.2 86.7 120.0 95.9 144.5 134.0 135.2 98.3 110.4 117.0 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 89.0 112.1 115.7 95.5 118.5 111.2 119.9 118.5 125.0 122.2 97.0 114.7 114.7 95.1 122.4 110.1 118.6 111.0 117.8 94.9 119.3 114.1 118.0 102.7 110.8 90.0 116.0 113.6 107.8 112.2 109.9 118.2 103.0 99.5 112.4 86.8 113.9 113.6 112.1 119.1 110.6 115.9 109.1 99.9 114.2 90.4 103.6 113.7 116.3 121.1 123.8 106.3 116.0 89.4 137.1 116.1 105.3 97.7 111.6 121.0 114.7 102.6 113.5 88.3 113.6 113.8 114.2 122.3 121.9 96.2 111.9 120.0 92.8 136.9 121.3 114.7 103.1 120.1 120.7 100.9 111.9 111.5 80.6 115.1 115.1 88.9 88.4 87.1 90.9 91.7 93.1 86.9 72.4 86.1 93.9 93.3 88.1 105.7 97.9 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 95.5 105.3 100.7 100.4 101.7 116.2 120.8 89.2 93.0 111.9 106.2 109.4 104.4 104.4 102.9 117.6 121.8 88.8 109.7 114.6 108.7 108.7 100.3 100.5 123.5 123.1 86.7 109.9 111.5 106.8 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 97.0 103.5 100.6 108.9 103.9 105.2 109.6 125.5 131.6 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 99.3 99.6 102.7 125.2 131.4 85.8 92.4 110.5 101.9 109.3 100.5 100.7 104.6 124.0 129.8 87.1 112.7 111.7 103.3 101.2 123.3 128.8 85.4 96.4 110.1 103.1 23 2.19 95.0 92.4 91.5 89.2 90.9 89.6 90.2 93.0 91.1 85.8 89.7 88.8 88.0 24 1.99 .84 .31 1.16 .65 .18 .15 95.2 95.2 85.0 95.2 89.5 86.2 94.2 104.8 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 85.9 158.1 103.3 94.3 84.8 110.0 95.8 85.2 157.8 107.4 99.6 83.8 113.1 96.7 86.2 168.2 109.5 100.0 87.2 116.3 99.9 88.8 170.7 103.4 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 83.3 140.0 101.6 93.9 79.2 107.2 91.2 85.6 153.8 106.4 97.8 78.4 112.6 95.0 88.0 170.6 108.4 96.0 75.8 117.5 98.4 88.6 176.3 241,2 241 2 4 3 -5 ,9 243 2435,6 245 1. Proportion as a share of the value added for the total index. 173.6 152.3 106.2 103.1 105.1 111.0 121.3 124.8 95.7 87.3 108.1 96.4 2 21-4 Fabrics Cotton and synthetic 221,2 224 Na rrow fabrics 225 Knit goods 2 253,4,7 -9 Knit garments Fabric finishing 226 Carpeting 22 7 Yarns and miscellaneous 228,9 2281, 2,4 Cotton and synthetic yarns Apparel products Aor/ 12 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1987 = 100 1992 Value Index ad d ed1 1995 Nov. 1.37 .63 99.2 97.1 109.8 106.4 109.3 106.8 109.3 106.2 110.5 107.0 3.60 1.53 .15 .89 .49 2.07 .74 1.33 110.0 110.4 109.9 109.8 111.8 109.6 112.3 108.1 116.2 114.0 107.0 113.6 117.2 117.7 123.3 114.7 118.2 114.4 107.8 115.6 114.4 121.2 129.9 116.5 114.9 113.9 108.1 112.3 118.6 115.6 121.1 112.6 P ri n ti n g a n d p u b l is h i n g Ne w spap ers 271 Periodicals, books, and cards 272,3,7 J o b printing 2 7 4 - 6 ,8 , 9 6.76 1.63 2.01 3.12 98.1 77.0 103.5 107.3 99.3 67.4 106.6 115.3 98.8 68.3 103.8 115.2 28 9.85 114.4 126.0 281,2,6 281 2812 2816 2819 3.82 1.00 .08 .12 .67 .40 113.5 117.6 105.4 114.2 122.4 119.4 282 2821 2823,4 286 1.25 .75 .39 1.57 28 3 -5 ,9 283 284 285 287 Seaso nallvadiusted 1996 Dec. Jan . Fe b / Mar/ Not seasonallv adjusted 1996 Mar/ Dec. Ja n . Fe b / ADr/ Aor / 1995 Nov. 108.7 105.5 109.0 107.1 107.7 103.6 107.8 105.7 105.5 103.5 109.8 109.3 107.4 107.6 107.8 107.5 113.5 113.9 106.1 110.6 122.4 113.3 123.4 107.8 114.9 113.3 107.7 110.8 119.9 116.1 127.6 109.9 115.3 113.8 112.6 111.3 107.3 111.5 112.3 113.5 114.9 112.7 116.9 115.9 111.0 114.4 120.4 117.5 122.4 114.8 116.0 116.5 108.3 113.6 124.5 115.6 123.1 111.5 116.0 114.7 105.9 112.3 122.1 117.0 126.8 111.7 115.6 113.0 111.9 119.7 116.2 125.6 111.1 115.4 114.4 106.9 114.7 116.5 116.1 117.4 115.4 111.0 118.3 117.4 130.5 110.3 97.9 67.2 102.5 114.8 98.7 65.3 105.3 116.0 96.8 62.2 105.2 114.2 96.4 62.0 105.6 112.8 97.7 68.7 105.7 111.1 96.7 69.4 105.3 108.4 93.4 65.3 101.8 105.9 94.6 66.1 106.0 105.4 94.0 62.8 106.6 105.8 94.2 63.2 106.7 106.1 126.5 127.1 127.1 126.6 126.1 122.5 120.2 122.0 123.5 124.0 124.4 120.0 110.1 112.5 111.0 105.1 124.4 119.2 108.8 117.5 102.0 104.5 124.4 119.7 109.6 112.9 116.5 103.4 120.9 118.9 108.4 114.9 107.7 103.1 118.6 119.3 106.6 111.7 99.6 102.4 118.2 119.4 108.8 119.4 110.4 114.0 109.2 105.4 125.2 116.1 105.7 118.6 100.3 100.6 116.4 118.4 107.6 113.5 112.4 101.4 116.5 120.5 111.8 115.5 110.1 107.1 127.4 120.3 106.7 110.0 105.0 101.6 114.9 121.3 109.4 110.4 112.0 105.9 113.8 125.0 123.8 122.6 122.5 124.4 123.4 121.9 121.8 125.6 125.5 119.4 121.5 124.3 126.6 116.3 121.3 127.2 128.8 119.6 121.0 117.2 116.2 114.8 122.1 122.5 122.2 116.5 122.2 126.9 128.7 119.6 121.1 130.0 132.8 118.8 121.1 130.4 115.4 120.7 123.5 122.2 120.8 122.0 118.5 121.7 5.51 2.91 1.57 .43 .52 114.8 127.4 109.4 95.0 118.8 129.5 144.3 122.9 111.0 133.6 130.9 146.5 123.2 109.4 134.1 131.6 147.1 126.2 101.2 134.2 132.5 148.9 123.3 105.5 136.0 131.1 148.6 120.6 108.9 136.6 130.0 147.1 117.3 108.7 135.7 123.4 137.6 117.8 96.7 135.9 121.7 137.5 116.1 81.6 134.4 123.3 135.8 120.2 87.0 135.4 124.5 136.8 118.1 102.6 135.9 125.6 138.4 118.3 110.3 136.3 125.2 138.7 112.3 118.5 139.5 P e t r o le u m p r o d u c t s Petroleum refining and misc. 291,9 Miscellaneous petroleum products Distillate fuel oil Residual fuel oil Aviation fuel and kerosene Automotive gasoline Paving and roofing materials 295 1.43 1.25 .23 .23 .04 .12 .62 .18 102.6 104.3 105.1 109.0 100.8 101.0 103.2 93.5 107.4 106.4 104.3 115.7 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 87.1 114.2 105.5 114.6 110.2 109.2 102.5 123.7 86.5 110.0 107.9 117.3 109.9 109.7 104.5 118.7 77.7 112.7 110.0 112.7 110.3 110.3 105.2 120.3 76.1 117.5 109.5 112.5 110.0 108.2 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 95.5 102.1 103.5 97.3 114.0 79.2 105.9 103.3 94.8 107.7 108.6 104.6 119.9 77.4 110.1 107.8 103.6 R u b b e r a n d p la s tics p r o d u c t s 30 Tires 301 Othe r rubber products 302,5,6 Plastics products, nec 308 3.51 .39 .59 2.54 116.2 120.5 105.9 118.0 140.3 147.5 121.6 143.6 139.3 138.7 120.5 143.7 139.0 141.7 122.3 142.7 139.7 137.1 123.6 143.8 140.6 145.1 124.3 143.9 138.0 133.4 123.0 142.4 139.8 138.2 119.5 145.0 137.7 117.5 116.8 145.9 137.2 145.0 115.1 141.5 139.4 149.9 123.0 141.9 140.8 154.8 123.8 142.9 138.5 138.0 121.3 142.7 31 314 .27 .12 89.0 83.2 78.2 70.5 76.8 67.8 75.6 65.7 77.1 66.7 76.6 66.2 75.4 64.4 79.6 71.2 77.2 68.0 74.0 65.2 75.1 63.8 75.7 64.2 75.0 63.9 S t o n e , clay, a n d g la s s p r o d u c t s 32 Pressed and blown glass 322 Glass containers 3221 Cement 324 Structural clay products 325 C on crete and miscellaneous 3 26-9 2.07 .35 .18 .13 .10 1.18 95.3 100.7 93.5 88.3 87.9 92.7 104.9 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 83.7 103.5 104.1 97.8 79.0 101.5 84.8 101.6 103.0 91.3 72.4 99.6 85.1 102.7 104.3 94.5 74.9 105.1 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 76.3 101.8 100.4 97.8 81.6 70.4 83.5 99.1 101.3 93.5 76.8 84.6 86.7 100.9 104.0 95.4 77.2 Item F u r n i t u r e a n d fixtures Household furniture SIC 25 * Paper and products Pulp and paper W o o d pulp Pape r Paperboard Pap er products Paperboard containers Con verted paper products 251 26 2 6 1 -3 261 262 263 265,7 265 267 27 C h e m ica ls and p ro ducts 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 Che mica l products Dru gs and medicines S o a p and toiletries Paints Agricultural chemicals 29 L e a th e r a n d p r o d u c t s Sh oes 1. Proportion as a share of the value add ed for the total index. 13 110.8 104.0 119.7 126.4 85.9 103.4 112.3 104.6 119.6 88.1 102.8 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1 9 8 7 = 100 Primary metals Iron and steel Basic steel and mill products Basic iron and steel Pig iron R aw steel SIC 33 331,2 331 1995 Nov. k! Q < Item 1992 Value add ed1 Index 1995 Nov. 3.11 1.74 1.33 .30 .18 .09 101.9 104.7 106.9 102.4 106.9 101.2 120.8 126.1 130.9 113.5 118.5 116.4 120.0 122.7 125.4 111.6 114.3 118.0 121.5 128.1 132.9 111.9 116.8 113.9 117.1 119.5 122.0 110.5 115.0 112.5 117.1 120.2 124.3 111.7 115.8 114.9 118.6 121.9 126.7 108.6 111.2 112.9 119.8 124.8 128.0 113.3 119.3 114.8 116.7 118.5 120.7 110.7 116.0 112.0 121.0 126.4 132.6 112.1 117.2 114.1 120.5 123.7 127.1 112.6 116.6 117.1 120.1 123.8 127.7 113.6 117.3 118.6 121.0 125.3 130.3 109.8 111.5 115.4 108.4 98.0 93.5 108.8 93.4 116.3 97.5 136.4 123.2 113.0 141.2 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 93.5 134.1 111.4 128.3 111.4 112.8 142.8 97.3 137.1 107.5 132.3 127.1 118.9 144.0 95.2 138.3 106.7 132.6 121.8 110.9 142.0 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 90.2 139.6 112.7 132.1 122.3 119.2 137.0 99.8 140.2 111.3 136.6 135.3 122.0 144.5 94.3 142.9 109.8 Seasonallv adjusted 1996 Dec. Jan. F eb.r Mar/ Not seasonallv adjusted 1996 Jan. Feb/ Mar/ Dec. Apr/ Steel mill products C o ns um er durable steel Equipment steel Construction steel C an 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 3 3 3 -6 ,9 333 3331 333 4 1.37 .20 .06 .10 98.1 117.2 125.0 120.5 113.8 118.8 138.0 103.3 116.2 118.3 130.2 105.0 113.0 125.0 144.4 105.6 113.6 119.2 134.1 106.4 112.8 117.2 132.1 106.5 114.1 118.3 135.7 107.0 113.4 118.8 139.4 103.5 114.0 117.8 128.5 105.2 113.9 125.1 141.8 105.9 116.0 122.8 137.6 106.6 115.1 120.6 137.2 106.7 115.2 119.2 136.2 106.7 Nonferrous products Nonferrous mill products Aluminum Nonferrous foundries 335,6 335 3353-5 336 .97 .73 .28 .23 89.6 89.0 89.2 91.6 106.3 101.1 82.3 122.9 109.4 105.3 97.6 122.6 104.7 99.1 79.7 122.7 106.3 100.6 79.8 124.5 104.6 99.3 80.2 121.7 106.0 100.6 82.2 123.4 105.5 99.9 77.4 123.4 106.9 101.2 86.0 125.5 106.4 101.2 85.1 123.1 108.2 102.8 84.0 125.4 106.6 101.4 83.1 123.1 106.8 102.0 86.2 122.2 34 5.03 .22 .54 .48 1.28 2.80 1.56 99.0 108.8 94.8 92.8 94.8 101.5 104.5 114.5 104.9 107.3 103.2 112.1 118.9 128.0 115.0 104.6 108.5 105.0 113.2 118.7 128.0 115.6 110.0 108.9 105.9 112.2 120.6 132.3 117.0 109.4 111.4 108.6 114.1 120.8 131.3 116.0 103.5 105.8 102.2 115.4 119.9 129.5 115.8 100.4 106.7 103.3 115.6 119.8 129.4 114.9 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 90.1 109.4 106.7 109.7 121.3 131.9 115.4 99.2 105.4 101.8 111.4 121.8 133.0 113.7 97.1 104.4 101.4 111.5 119.6 130.2 7.96 .46 .44 .76 .99 .69 1.07 .31 .75 1.75 .81 .56 .98 124.0 101.3 111.8 99.8 106.2 103.6 107.8 95.9 113.4 172.6 101.9 94.0 112.3 186.5 111.8 138.2 131.1 134.9 142.4 120.5 109.1 126.0 417.8 137.9 130.7 135.5 190.1 111.8 137.8 129.4 137.0 140.9 120.1 108.0 125.9 431.7 147.4 142.0 137.8 191.9 111.7 139.3 127.5 136.5 140.0 121.8 107.1 128.9 442.9 138.8 131.5 145.9 196.1 105.9 140.1 128.8 137.9 142.0 125.3 108.0 133.6 463.3 143.9 136.9 143.8 198.7 106.2 140.1 128.7 138.5 142.0 123.3 107.4 130.9 481.0 145.5 139.3 143.1 199.6 105.0 141.3 128.2 137.4 142.6 122.3 106.5 129.9 495.4 139.3 130.2 142.0 181.0 114.1 134.3 129.6 132.3 143.6 119.4 110.6 123.6 399.5 124.6 112.4 132.4 186.2 116.3 140.5 131.4 131.8 146.3 117.4 112.0 120.0 425.7 128.4 114.8 132.5 183.7 112.4 142.8 128.3 127.4 141.2 116.5 108.1 120.5 415.3 132.5 123.3 135.6 195.1 105.9 147.6 128.5 135.2 142.5 123.5 108.9 130.5 454.1 151.9 148.0 140.4 198.8 106.6 149.5 129.1 136.2 143.0 121.9 108.1 128.6 468.3 161.5 161.0 140.6 196.4 103.5 147.0 127.0 133.2 140.3 120.0 105.5 126.9 471.3 154.8 152.1 137.7 Fabricated metal products Metal containers 341 Hardware, tools, and cutlery 342 Hardware and tools 3423,5,9 Structural metal products 344 Other fabricated metal products 3 4 5 - 9 Fasteners, stampings, etc. 345-7 Industrial machinery and equipment 35 Engines and turbines 351 Farm 352 Construction and allied 353 Metalworking 354 Special industry machinery 355 General industrial machinery 356 Bearings and gears 35 62,6,8 Eguipment 3 5 6 1 , 3 -5 ,7 , 9 C om pu te r and office equip. 357 Service industry machines 358 Refrig, and heating equip. 3585 Miscellaneous machinery 359 Electrical machinery 36 Major electrical and parts Electric distribution equip. Household appliances Cooking equipment Refrigerators and freezers Laundry Miscellaneous Electrical housewares Appliances, nec 361,2 361 363 3631 3632 363 3 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 99.3 102.3 183.6 120.1 100.7 139.1 105.4 139.9 157.6 143.4 110.7 157.2 182.8 119.2 102.5 141.8 114.0 130.2 165.0 147.3 113.3 166.1 182.4 121.5 102.7 129.3 77.7 134.8 140.6 141.0 112.9 142.8 188.7 123.1 104.6 132.5 92.2 129.2 142.2 144.8 116.3 148.4 188.0 121.5 100.4 136.7 115.1 130.1 133.2 149.4 115.4 160.7 188.5 123.0 102.0 134.0 98.5 125.7 144.0 146.5 112.3 155.0 185.3 117.7 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 91.9 134.9 143.5 118.4 156.7 179.8 116.8 97.3 126.2 79.1 123.5 138.4 139.6 106.5 142.6 187.6 120.1 102.1 140.8 99.4 138.4 159.3 149.3 108.3 162.1 187.8 120.0 99.2 143.7 116.8 141.0 146.8 153.7 109.7 170.7 186.0 120.9 97.7 135.1 102.9 134.3 147.7 142.0 106.3 157.4 Audio and video equipment Communication equipment Electronic com pon ents Misc. electrical supplies Storage batteries 365 366 367 369 3691 .21 1.59 2.66 .68 .11 126.1 120.0 153.8 106.0 93.3 158.5 155.8 293.1 138.0 109.5 136.1 155.5 291.8 142.2 131.6 134.6 155.6 293.7 136.2 103.5 143.3 160.2 303.4 145.8 126.1 128.6 160.2 304.6 145.9 128.3 152.6 159.1 304.8 146.5 174.6 159.6 296.5 141.4 119.1 130.8 162.8 297.8 146.5 138.0 125.7 155.0 292.9 134.6 92.5 137.3 158.5 302.8 143.2 114.9 126.9 159.4 304.7 142.4 114.1 133.6 156.9 301.7 141.4 37 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 87.6 108.6 140.7 103.4 173.0 174.2 182.8 163.4 153.1 164.0 109.7 141.2 102.7 178.8 180.2 190.6 167.1 151.1 171.2 108.3 135.5 95.8 169.5 172.6 180.4 162.7 149.7 153.0 112.1 141.1 102.8 179.4 183.0 194.4 168.5 151.1 152.9 102.9 121.3 79.5 159.8 162.9 173.1 150.0 133.5 185.8 114.3 144.3 107.4 179.0 183.2 192.7 171.3 155.3 151.9 108.7 140.3 103.8 170.4 172.2 182.1 159.8 154.5 133.9 105.4 130.7 91.6 151.3 151.7 159.9 141.5 154.4 128.8 106.2 131.2 90.8 160.5 163.2 168.2 157.0 149.7 143.9 115.9 148.9 113.6 193.0 196.9 208.5 182.3 151.2 163.0 107.4 130.0 89.0 178.0 181.3 193.2 166.2 134.4 199.0 115.6 147.2 113.0 188.1 192.7 203.2 179.4 149.6 190.9 3 7 2 -6 ,9 372 373 37 4 -6 ,9 4.73 2.95 .51 1.26 102.3 107.8 93.6 95.2 77.7 70.5 88.4 88.4 79.4 73.4 89.0 87.9 82.2 79.6 86.7 86.2 84.2 82.8 87.5 86.1 85.2 83.9 88.0 87.0 85.5 84.2 89.1 87.2 78.3 71.2 89.1 89.0 81.1 75.5 91.7 88.8 82.2 79.6 86.4 86.2 84.2 83.1 87.6 85.5 85.7 84.7 89.0 86.9 85.2 83.5 89.8 87.4 Transportation equipment Motor vehicles and parts Autos Trucks and truck trailers Truck s and buses C o n s u m e r trucks Business vehicles Motor vehicle parts Motor hom es Aerospace and miscellaneous transportation equipment Aircraft and parts Ships and boats Railroad and miscellaneous 371 1. Proportion as a share of the value added for the total index. 14 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1987=100 1992 Value SIC added1 Index 1995 Nov. ADr/ 1995 Nov. 5.36 4.32 1.56 106.3 107.0 138.2 111.5 109.5 158.7 109.7 107.7 154.2 111.0 108.9 159.6 113.4 111.6 163.0 113.0 111.3 159.4 112.7 110.0 157.0 111.1 108.8 153.9 109.8 107.7 146.5 108.6 106.0 147.3 111.2 109.1 153.0 111.7 110.5 109.7 107.4 151.7 148.8 1.32 .67 .65 106.9 106.5 107.4 123.3 117.1 129.9 123.5 118.5 128.8 122.1 116.5 127.8 124.0 118.5 129.7 124.0 117.4 130.5 122.7 115.7 130.2 127.8 123.5 132.2 124.4 119.2 129.9 118.5 112.8 124.4 121.1 116.4 126.1 123.1 117.2 129.2 121.6 115.1 128.5 Generation Fossil fuel Hydro and nuclear 6.15 2.64 1.32 1.32 111.7 111.3 103.6 121.4 123.6 122.2 108.4 139.7 123.9 123.5 109.9 140.7 125.5 124.6 111.3 141.5 126.6 124.8 107.5 146.4 127.1 127.1 108.7 150.1 125.3 125.3 115.0 115.8 102.6 132.4 124.6 124.6 107.9 145.6 132.8 129.9 111.6 152.8 126.9 128.0 107.5 153.3 121.3 121.3 100.8 146.5 112.8 114.2 Sales Residential Nonresidential Commercial and other Industrial 3.51 1.43 2.08 1.21 .87 112.0 109.9 113.4 112.8 114.2 124.7 125.5 124.1 128.0 118.5 124.2 124.5 123.9 126.4 120.2 126.2 128.3 124.7 127.7 120.5 128.0 129.2 127.1 129.9 123.2 127.1 128.7 125.9 128.4 122.5 125.3 114.4 108.7 118.4 119.0 117.4 124.6 130.7 120.2 122.3 117.1 135.0 152.7 122.4 126.8 116.3 126.0 135.2 119.5 122.0 116.0 121.4 122.5 120.5 121.2 119.4 111.8 116.4 1.57 .64 .28 .46 112.7 108.7 115.4 114.4 132.5 128.7 141.6 132.2 129.9 123.1 142.5 131.2 125.6 121.3 130.4 126.9 126.3 122.6 130.5 127.2 131.1 126.6 137.0 136.3 148.2 133.6 187.5 208.9 211.9 163.2 221.1 201.4 260.9 235.0 242.6 224.3 183.5 168.3 178.3 131.4 Item Instruments Scientific and medical Medical instruments 38 381-4 384 Misc. manufactures Consumer goods Business supplies Electric utilities Gas utilities 39 391,3,4,6 395,9 491,3pt 492,3pt Residential Commercial and other Gas transmission Seasonallvadiusted 1996 Jan. Feb/ Mar/ Dec. 124.4 Not seasonally adjusted 1996 Dec. Jan. Feb/ Mar/ ADr/ 1. Proportion as a share of the value added for the total index. Table 7 INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS Billions of 1992 dollars at annual rates, seasonally adj usted 1994 Item 1992 1995 CM Products, total 1995 Q1 Q2 Q4 Q3 1996 Q1r 2002.9 2245.6 2232.6 2248.8 2235.7 2254.9 2253.9 2270.1 1995 Dec. 1996 Jan. Feb / 2265.7 2248.9 2293.1 Mar/ Apr/ MayP 2268.4 2303.8 2312.8 1552.2 1748.7 1732.8 1750.6 1742.0 1757.3 1753.5 1771.4 1761.9 1753.0 1794.2 1767.0 1803.7 1811.9 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 1133.6 271.4 159.0 112.4 862.2 1134.5 273.8 160.3 113.5 860.7 1134.0 264.5 154.2 110.3 869.5 1139.0 277.1 162.9 114.1 861.9 1124.7 262.4 154.1 108.4 862.2 1148.4 274.4 163.4 111.0 874.0 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 68.8 616.7 593.1 525.7 67.4 623.7 599.7 533.3 66.4 619.1 595.3 531.8 63.5 637.4 612.7 549.3 63.4 622.9 599.0 536.5 62.4 628.4 604.6 542.6 62.0 645.8 621.4 557.9 63.6 638.1 612.0 547.5 64.5 657.0 630.1 565.7 64.5 661.9 634.3 569.7 64.6 450.7 177.0 273.7 70.6 496.9 200.6 296.3 77.0 499.8 203.4 296.4 75.1 498.1 202.9 295.2 74.8 493.6 198.9 294.7 75.9 497.6 199.6 298.1 78.6 500.4 202.4 298.0 79.1 498.7 201.8 296.8 79.5 503.8 205.4 298.3 79.9 495.9 198.3 297.6 79.6 498.8 201.7 297.2 79.2 501.3 205.6 295.8 79.8 500.1 204.9 295.2 79.6 500.9 205.2 295.6 79.4 Final products Intermediate products Construction supplies Business supplies Commercial energy products 1128.9 1146.7 1150.0 256.7 277.8 278.6 145.2 165.6 166.5 112.1 111.5 112.3 872.2 868.8 871.4 Table 8 DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION Percent Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 50.0 52.7 40.4 62.7 45.0 65.0 65.8 48.5 53.7 60.4 42.7 48.3 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 61.9 62.7 47.3 63.5 53.1 50.8 69.2 46.5 54.2 72.7 40.8 60.2 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 63.1 68.5 48.1 66.5 58.1 49.2 70.8 60.4 53.5 73.1 54.2 56.3 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 One Month Earlier 1994 1995 1996 Three Months Earlier 1994 1995 1996 Six Months Earlier 1994 1995 1996 ' hJote— The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six months) plus one-half the percentage that were unchanged. 15 Table 9 ELECTRIC POWER USE: MANUFACTURING AND MINING Index. 1987=100 Item 1987 SIC Total M AJOR INDUSTRY G RO UPS Manufacturing Durable Nondurable Mining INDUSTRY GRO UPS and SERIES Metal mining 10 1995 Nov. 116.0 Seasonally adiusted 1996 Jan. Feb.r Mar.r Dec. 117.8 118.6 116.5 116.1 776.5 351.3 425.2 74.2 116.3 111.3 120.7 112.0 116.4 112.6 119.9 112.2 118.2 114.4 121.6 113.0 118.9 114.8 122.5 115.2 1987 Billion KWH 850.7 ADr.P 116.5 1995 Nov. 114.7 Not seasonally adiusted 1996 Jan. Feb / Mar/ Dec. 114.2 114.6 114.1 114.7 ADr.P 115.0 116.6 112.1 120.6 115.4 116.7 112.1 120.8 113.9 114.9 110.0 119.3 112.0 114.1 110.0 117.9 115.0 114.5 110.5 118.1 115.8 114.2 111.5 116.6 113.8 114.7 112.1 117.1 113.9 115.1 111.0 118.8 114.3 Iron ore Copper ore 101 102 14.6 6.3 4.8 160.7 173.0 158.1 162.2 171.7 161.6 154.4 140.1 174.2 164.1 159.6 179.8 161.3 168.2 164.2 161.1 159.2 170.4 158.2 167.5 156.7 162.1 169.7 161.9 156.7 144.2 172.5 156.4 148.7 171.3 155.0 160.3 154.2 159.2 161.3 164.3 Coal mining 12 13.4 102.0 99.1 97.3 101.1 99.9 100.1 102.7 105.3 109.6 114.0 109.1 104.5 13 33.0 27.7 3.7 91.5 92.2 75.4 92.2 92.1 84.5 96.5 97.1 84.7 96.0 94.7 91.1 97.0 96.7 88.1 94.9 94.8 85.0 90.6 91.4 74.6 95.4 95.4 86.9 99.4 99.6 87.9 93.3 93.0 85.4 95.1 95.4 84.6 94.3 94.6 84.2 12.3 3.5 2.9 3.9 120.4 137.5 126.5 114.3 122.5 138.1 123.3 118.8 128.3 145.2 134.7 120.5 126.0 152.4 130.5 116.1 129.8 152.0 126.3 125.3 126.2 147.9 120.5 122.3 125.2 149.7 135.2 115.5 122.5 136.6 122.1 120.0 117.8 115.2 113.4 120.3 115.3 117.7 107.7 116.4 119.7 121.0 107.7 124.3 126.0 141.3 115.7 125.0 201 202 203 204 205 206 207 208 209 52.9 8.7 6.5 6.6 10.9 3.3 3.7 3.4 5.9 3.9 126.8 142.0 112.7 124.3 141.5 127.9 149.3 147.9 109.7 110.2 125.7 142.7 110.5 128.7 137.1 127.0 153.5 143.4 105.0 109.5 127.9 142.0 115.2 131.0 141.3 130.4 153.0 146.3 105.4 112.3 127.0 145.2 111.1 126.3 139.7 128.7 149.4 146.8 108.8 110.2 125.9 139.4 111.0 129.3 141.2 128.3 141.6 148.3 106.4 109.8 126.3 141.2 106.3 125.2 144.2 128.1 144.5 158.5 104.6 112.7 126.8 139.3 107.6 125.9 144.7 125.4 174.8 151.7 105.5 109.3 122.1 137.9 104.8 119.6 136.2 121.0 172.8 154.7 97.9 105.6 121.8 135.1 108.4 116.6 138.2 121.9 165.1 158.4 96.2 106.4 118.2 133.3 101.8 112.1 137.1 117.6 153.8 149.6 96.8 101.5 118.2 130.5 105.0 115.6 137.7 119.8 134.6 148.2 97.7 102.6 119.2 134.7 104.7 112.5 139.6 122.7 122.7 153.9 99.9 106.4 21 1.7 112.0 113.7 111.5 118.8 116.0 117.7 109.9 107.2 100.1 116.6 111.9 111.4 Textile mill products 22 Fabrics Knit goods Fabric finishing Yarn and thread Miscellaneous textiles 221-4 225 226 228 229 29.9 11.6 3.4 2.2 8.4 2.9 115.7 103.2 141.9 119.4 118.5 130.8 109.1 96.0 135.1 117.1 111.0 125.9 112.6 97.0 139.2 117.9 117.7 131.3 116.0 101.1 141.9 118.4 121.5 132.2 111.8 96.1 140.3 123.5 118.0 127.7 113.4 96.0 138.7 123.4 122.0 132.8 111.2 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 94.1 131.2 115.0 112.3 123.9 107.3 92.1 132.2 122.0 113.0 123.8 110.4 93.4 133.1 124.2 118.9 129.3 6.6 1.9 1.9 104.5 116.0 91.9 102.8 116.2 88.9 103.9 116.1 89.9 105.8 121.0 94.0 103.5 119.7 94.3 103.3 119.7 91.7 98.0 107.0 85.2 93.2 103.4 80.2 89.7 97.3 77.9 96.7 107.3 84.1 94.5 105.7 83.6 94.3 107.0 82.0 21.6 7.9 5.7 124.0 108.6 116.5 121.9 106.4 115.4 124.3 108.0 119.1 124.8 110.5 121.5 123.8 109.4 117.4 125.9 109.7 121.1 123.8 110.8 116.5 122.8 108.6 116.2 125.3 110.7 119.5 127.2 115.1 123.0 125.9 112.9 119.2 127.2 112.5 122.7 5.7 3.2 120.0 114.5 120.2 115.0 121.2 114.5 121.7 115.4 119.3 112.6 120.1 115.6 117.6 112.9 118.2 115.3 116.1 113.0 121.6 119.3 118.6 116.4 118.9 117.5 97.0 7.1 51.6 26.0 4.5 7.6 120.4 108.3 119.7 123.3 121.8 119.5 119.8 112.1 118.0 124.1 122.0 119.5 120.2 106.3 118.2 129.1 124.8 119.2 119.1 108.2 115.7 127.5 128.5 119.6 117.9 104.5 114.4 128.4 125.7 120.4 117.8 100.7 116.4 122.3 121.5 122.6 120.4 111.1 119.8 122.3 119.8 119.1 118.9 113.9 117.8 121.3 117.7 115.9 119.3 110.4 118.4 125.8 118.7 113.6 116.4 109.6 113.7 124.7 121.6 114.8 116.3 106.8 113.6 125.1 121.1 116.0 117.2 101.0 116.5 119.5 119.2 119.8 15.7 3.4 8.2 138.0 122.7 140.2 137.2 119.8 141.4 138.1 123.7 140.9 138.5 119.1 143.4 136.3 119.8 139.7 134.2 116.1 138.0 133.3 118.1 136.2 130.4 115.9 133.7 128.6 117.8 130.7 126.6 110.4 131.0 126.4 110.8 130.8 126.9 109.9 130.7 146.2 61.8 14.1 29.1 10.9 18.2 118.3 116.4 106.2 127.6 114.8 136.8 118.3 116.8 104.4 126.2 111.4 136.8 120.4 118.8 108.3 131.6 111.2 146.1 123.0 121.5 114.0 132.9 109.0 150.0 120.7 119.0 115.0 128.6 103.4 146.5 121.6 120.6 116.6 131.1 106.2 148.8 117.1 116.4 104.9 127.4 113.6 137.2 117.6 117.9 107.5 129.3 112.5 141.3 119.9 119.7 108.2 133.6 114.2 147.4 117.5 116.3 110.8 125.0 106.2 138.4 118.7 118.9 121.2 130.5 102.6 150.3 120.6 120.9 115.4 133.1 106.0 152.5 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 131 132 14 142 144 147 20 23 231,2 233 Lumber and products 24 Lumber Millwork and plywood 242 243 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 25 251 26 261 262 263 265 267 27 271 275 28 Basic chemicals 281 Alkalies and chlorine 2812 Inorganic chemicals, nec 2819 Acid and fertilizer materials Nuclear materials, nondefense 16 Table 9 (continued) ELECTRIC POWER USE: MANUFACTURING AND MINING Index. 1 9 8 7 = 1 0 0 Item 1987 Billion KWH 1995 Nov. 282 2821 283 284 286 287 26.5 14.2 5.5 3.1 36.0 8.5 117.0 129.0 136.4 113.9 104.1 132.3 115.2 129.3 139.1 114.2 101.0 132.8 118.2 130.7 139.0 116.9 104.1 133.1 122.0 135.1 140.7 114.4 103.1 135.4 29 40.1 111.0 111.4 112.3 30 33.1 3.6 3.1 24.9 143.6 120.5 116.8 149.3 142.8 118.3 116.1 148.9 1.0 .4 93.1 89.8 33.8 1.7 6.7 10.1 1.6 5.1 Seasonailvadiusted 1996 Dec. Jan. F eb.r Mar/ Not seasonallv adjusted 1996 Mar/ Dec. Jan . Feb/ Aor.P Aor.P 1995 Nov. 119.2 132.3 140.3 112.0 105.2 136.6 119.2 133.5 138.8 109.0 106.1 132.0 115.5 126.9 130.4 111.3 103.5 131.4 113.3 127.5 130.8 109.9 101.1 132.6 117.3 130.2 128.6 113.6 104.3 132.6 116.7 130.7 129.5 111.7 100.7 130.3 114.9 129.9 131.0 112.0 104.9 131.5 117.8 133.4 131.2 106.5 105.5 131.4 110.4 108.4 106.4 108.4 111.7 113.3 103.2 102.8 105.2 145.0 120.0 116.5 151.4 145.2 119.7 117.8 151.6 146.4 116.9 119.0 153.7 146.0 117.6 117.6 153.2 142.6 116.9 115.9 148.6 137.5 108.5 113.9 144.0 133.1 110.2 111.1 138.0 142.1 113.8 118.9 148.3 145.2 113.3 120.1 152.4 145.4 115.4 117.2 152.7 92.5 88.1 97.4 93.7 98.6 89.9 94.0 86.7 96.3 88.9 91.4 87.1 89.0 83.0 91.6 85.5 95.8 87.4 91.7 84.0 94.5 85.9 107.6 111.7 101.1 104.3 112.7 99.9 109.1 116.9 105.2 108.7 112.0 99.6 111.1 113.6 110.6 107.5 111.1 97.0 110.2 110.1 107.4 110.6 114.2 95.1 107.0 113.6 100.8 104.1 115.8 96.7 109.8 112.5 104.8 107.3 115.2 94.6 109.8 109.6 100.9 111.9 113.5 101.5 108.7 113.6 101.6 110.8 113.0 100.2 105.1 108.0 104.2 97.4 106.7 94.2 102.1 105.7 104.0 89.5 108.6 91.1 102.5 111.4 99.7 92.2 110.3 94.0 108.0 110.5 103.5 104.0 113.2 93.8 137.9 54.4 9.9 55.8 51.2 2.7 110.1 119.4 118.9 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 86.5 123.7 115.0 126.3 118.7 91.8 84.5 121.6 111.2 118.8 114.5 90.5 85.7 119.7 110.5 123.3 114.3 85.5 75.2 118.6 109.4 118.8 120.9 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 87.2 117.0 112.1 126.1 119.4 85.9 77.7 120.8 113.6 124.3 117.9 90.3 83.9 120.1 110.9 125.4 117.0 84.3 74.7 119.2 31.5 2.5 2.7 5.6 1.7 7.1 116.2 133.7 113.3 111.5 111.9 131.7 115.9 128.2 115.2 112.2 108.4 131.2 118.4 130.2 116.2 112.9 111.1 137.0 118.7 129.1 119.3 114.4 111.4 134.8 117.0 129.5 112.3 112.7 110.6 132.8 115.9 123.9 113.6 112.0 107.8 130.9 115.5 129.8 111.8 112.5 111.0 132.2 112.8 120.2 112.0 111.2 104.2 129.3 113.2 122.9 108.3 112.8 106.2 128.3 119.5 127.2 117.0 118.1 112.9 137.2 119.0 129.6 111.8 114.4 113.7 139.1 116.1 124.2 111.3 112.4 109.1 133.8 33.4 2.5 1.6 4.2 4.2 2.5 4.8 6.1 3.3 114.2 114.0 148.0 100.5 133.9 111.6 117.2 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 87.9 150.1 116.3 119.1 145.5 107.0 136.2 115.7 123.9 85.1 153.1 115.3 111.0 142.5 103.4 136.5 116.7 121.2 86.4 152.4 115.3 109.0 142.3 102.1 135.1 117.2 120.2 88.5 154.7 111.7 109.7 137.4 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 84.0 136.9 114.6 112.1 152.2 105.1 132.7 115.6 120.9 84.9 145.5 114.0 108.0 148.1 102.6 133.4 115.8 119.0 85.7 146.5 112.8 108.2 145.3 100.3 130.2 113.8 117.3 85.7 149.8 31.3 1.4 4.1 2.5 2.9 .6 3.1 12.8 114.2 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 95.9 132.6 116.2 75.8 112.0 93.7 111.9 159.5 95.0 135.6 115.1 77.0 113.0 94.6 109.5 158.7 97.1 132.4 111.7 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 91.1 126.7 113.7 75.3 109.9 92.2 112.0 157.8 91.8 131.7 112.6 74.1 111.5 92.2 110.4 153.8 93.9 129.0 38.3 21.9 10.1 2.1 103.1 106.3 85.8 95.2 104.4 106.6 89.9 94.5 106.5 111.3 87.4 95.7 107.0 110.0 88.1 96.0 103.1 103.6 91.8 91.9 103.7 105.4 88.9 94.9 100.7 104.0 83.9 93.1 98.8 100.6 85.3 94.6 100.3 103.9 82.8 97.0 103.3 106.1 84.6 99.3 102.9 104.5 90.1 94.3 102.0 104.4 86.4 95.5 386 13.1 1.7 106.8 88.0 106.1 88.9 110.8 96.4 109.5 92.9 107.4 88.4 106.9 87.1 104.9 86.3 102.3 86.5 104.4 92.6 104.6 89.1 105.1 90.5 103.3 85.0 39 4.6 139.5 139.9 143.6 144.2 145.7 145.4 136.1 132.8 133.6 140.3 141.5 141.0 832.5 115.3 116.9 116.1 124.8 117.6 117.5 120.4 115.6 115.7 115.9 115.5 115.3 117.4 114.0 113.5 117.3 113.5 112.6 129.3 113.4 114.5 118.5 115.5 114.5 122.7 113.3 765.4 85.3 113.1 113.5 113.5 114.0 114.7 117.2 115.4 1987 S I C 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 R ubber products, nec Plastics products, nec Leather and products 31 Shoe s 314 32 Stone, clay, & glass products Flat glass Pressed and blown glass Cem ent Structural clay products Concrete products 321 322 324 325 327 Primary metals Basic steel and mill products Iron and steel foundries Primary nonferrous metals Aluminum Nonferrous foundries 33 331 332 333 3334 336 Fabricated metal products 34 Metal containers Hardware, tools, and cutlery Structural metal products Fasteners Metal stampings 341 342 344 345 346 Industrial machinery and equipment Engines and turbines Farm Construction and allied Metalworking Special industry General industrial Co m pute r and office equip. Service industry machines Electrical machinery Electrical distribution Electrical industrial Household appliances Lighting and wiring products T V and radio sets Communication equipment Electronic components Transportation equipment Motor vehicles and parts Aircraft and parts Ships and boats Instruments Photographic equip. & supplies Miscellaneous manufactures 35 351 352 353 354 355 356 357 358 36 361 362 363 364 365 366 367 37 371 372 373 38 SUPPLEMENTARY GROUPS Total, excluding nuclear nondefense Utility sales to industry Industrial generation 17 112.4 126.8 113.9 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 arc 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 I, 2, and 6, in the “Value added” column under the heading “ 1992.” Seasonal adjustment. Individual series are seasonally adjusted by the X -l 1ARIMA method, developed at Statistics Canada. For series based on production-worker hours, the current seasonal factors were estimated with data through October 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 -l 1 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 18 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 Reser\>e 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.