Full text of G.12.3 Industrial Production : 1985 Revision

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1985 Revision

Industrial Production
Total Index and Major Groupings, 1977= 100
January 1967-December 1984

with supplementary historical data.

Industrial Output Section
Division of Research and Statistics
Board of Governors of the Federal Reserve System
Washington, D.C. 20551




Table of Contents

Starting Date

Series

Total industrial production

Page

1919

1

Products, total

1939

2

Final products

1939

3
4

Business equipment

1939
1947
1947
1947

Defense and space equipment

1947

6

1939
1947

7
8

1939

9

1919

10

1919
1919

11
12

Mining

1919

13

Utilities

1939

14

Consumer goods
Durable consumer goods
Nondurable consumer goods

Intermediate products
Construction supplies

Materials

Manufacturing
Durable manufacturing
Nondurable manufacturing

Explanatory Note




5
5

6

15

ELECTRIC POWER USE BY INDUSTRY
Seasonally adjusted indexes, 1977 = 100
JAN

FEB

MAB

APR

72
73
74
75

82.9
90.5
92.0
89.6

84.7
91.4
91.1
88.4

85.0
92.3
91.8
86.3

85.3
92.1
93.2
85.5

76
77
78
79
80

92.0
98.6
102.9
103.3
102.2

93.4
96.9
96.0
102.9
102.8

95.1
100.1
95.6
103.4
101.9

81
82
83
84

100.2
93.3
88.9
102.8

100.0
93.3
89.5
103.4

YP

MAY

JNV!

JULY

86.1
92.2
93.1
84.8

86.1
92.1
92.7
85.1

85.6
91.8
93.6
85.8

95.1
101.2
98.8
104.6
100.3

95.5
101.6
103.6
104.3
97.7

96.1
101.3
103.6
102.9
95.0

99.7
92.6
90.3
104.1

98.8
92.8
91.6
103.6

99.3
91.0
93.2
104.5

AUG

Q4

ANN.
AVG.

88.4
92.6
90.9

86.1
91.8
92.

86.A

89.4

87.4

96.4

97.7

95.8

101.3
102.0
104.0
97.6

100.3
104.1
101.9
93.9

99.9
106.0
101.7
99.0

100.0
102.6
102.7
98.2

100.0
93.1
89.6

99.4
91.8
92.9

100.2
89.4
97.1

95.1
88.6
100.2

98.7
90.7
94.9

102.2

103.4

104.1

103.0

102.1

103.2

79.2
83.7
85.2
92.2

80.2
83.7
84.8
93.5

78.2
82.8
83.7
91.6

SEPT

OCT

NOV

DEC

86.1
91.4
93.8
86.9

86.1
90.6
93.3
87.8

87.3
93.3
93.1

88.5
92.7
91.2

88.4

96.3
100.9
103.6
103.0
92.4

95.9
100.5
104.0
102.8
93.3

96.9
99.5
108.8
100.0
96.0

96.4

99.9
91.7
94.0
104.3

102.0
89.8
95.8
104.8

99.7
89.6
97.1
102.7

99.0
88.8
98.8a
101.4

O1

Q2

89.3
91.6
88.3

84.2
91.4
91.6

85.8
92.2
93.0

85.9
91.3
93.5

89.1

90.7

88.1

85.1

97.2

99.4

93.5

95.6

99.7
106.0
102.2
97.1

99.8
106.5
101.8
98.2

100.3
105.4
101.2
101.7

98.5
98.2
103.2
102.3

96.4
88.4
99.3

95.1
88.4
100.2

93.8
88.9
101.1

102.1

102.0

Q

Total

Mining
72
73
74
75

75.7
80.7
82.3
91.1

75.8
81.0
81.5
89.9

77.1
80.4
81.4
89.7

76.8
80.4
83.0
90.2

77.2
81.3
83.7
90.2

78.2
82.7
82.7
91.1

77.4
83.6
87.5
91.5

79.9
84.1
82.6
92.8

80.3
83.4
85.4
92.4

80.1
83.9
87.1
92.3

80.9
84.1
84.9
93.1

79.5
83.1
82.5
95.0

76.2
80.7

81.7
90.2

77.4
81.5
83.1
90.5

76
77
78
79
80

93.8
105.0
97.8
116.3
120.2

95.3
103.7
97.7
114.4
123.0

95.5
105.3
99.5
114.5
120.3

98.1
103.9
106.3
116.5
121.1

93.2
104.1
109.6
115.9
119.8

94.7
106.9
111.4
118.1
120.4

95.5
106.2
113.3
121.4
116.0

97.1
89.9
114.6
125.4
115.5

104.8
94.2
115.1
121.1
116.4

102.7
91.0

105.5
93.2

103.0
96.2

94.9
104.7

94.0
104.9

99.1
96.7

103.8
93.5

97.9
100.0

116.9
122.1

116.5
124.7

116.1
123.6

98.3
115.1

109.1
116.8

114.3
122.6

116.5
123.5

109.6
119.5

118.8

120.2

125.0

121.2

120.4

116.0

121.3

119.7

81
82
83
84

125.2
120.2
103.7
112.9

125.3
119.4
101.6
117.3

127.0
118.0
101.3
120.8

117.4
120.6
104.4
123.9

114.1
107.7
108.1
125.2

121.2
103.4
111.8
126.2

134.3
95.3
110.5
128.0

129.0
94.2
114.3
123.8

132.2
99.6
111.6
124.9

126.6

120.4

117.7

125.8

117.6

131.9

121.6

124.2

102.3

104.5

104.5

119.2

110.6

96.4

103.8

107.5

110.1

113.0

113.3

102.2

108.1

112.1

112.1

108.6

122.9

118.2

115.8

117.0

125.1

125.6

119.0

121.7

87.7
93.9
93.4
88.1

89.0
93.2
91.5
88.8

89.9
92.2
88.7
90.5

84.8
92.2
92.3
88.0

86.4
91.8
94.1
86.5

88.9
93.1
91.2
89.1

99.2

93.4

Total Manufacturing
72
73
74
75

83.4
91.3
92.7
89.6

85.3
92.2
91.8
88.4

85.6
93.1
92.5
86.1

85.9
92.9
93.9
85.1

86.7
93.0
93.8
84.4

86.6
92.8
93.4
84.7

86.2
92.3
94.0
85.5

86.5
91.8
94.5
86.4

86.4
91.1
93.8
87.5

76
77
78
79
80

91.8
98.1
103.3
102.5
101.0

93.4
96.6
96.1
102.3
101.5

95.1
99.8
95.4
102.7
100.7

95.1
101.0
98.2
103.8
98.9

95.6
101.3
103.1
103.4
96.0

96.3
100.9
103.1
101.9
93.4

96.4
100.6
103.0
101.8
90.8

95.7
101.0
103.2
101.3
91.8

96.4
99.8
104.2
98.7
94.7

81
82
83
84

98.5
91.5
88.0
102.3

98.3
91.6
88.7
102.5

97.9
90.9
89.6
103.1

97.7
91.0
90.9
102.4

98.2
89.8
92.1
103.1

98.6
91.1
93.0
103.1

99.6
89.1
94.4
102.9

97.8
89.3
95.9
101.3

86.4
92.9
93.7
84.8

86.6
92.5
92.8
97.1

95.7

96.2

97.2

95.6

100.1

100.2

100.6

98.2

101.1

100.5

100.3

100.0

105.2
100.9
95.7

105.9
100.3
96.8

104.7
99.7
100.1

98.2
102.5
101.1

101.5
103.1
96.1

103.4
100.6
92.4

105.3
100.3
97.5

102.1
101.6
96.8

96.9
88.1
97.5
99.9

94.5
87.5
98.6
100.7

93.5
87.3
99.4
101.0

92.1
87.9
100.3
101.4

98.3
91.3
88.8
102.6

98.2
90.6
92.0
102.9

98.1
88.8
101.3

93.3
87.6
99.5
101.0

97.0
89.6
94.0
102.0

93.5
98.6
99.0
86.7

95.1
98.2
96.8
88.5

88.7
98.3
98.4
92.0

90.7
99.5
100.2
86.0

90.8
98.5
100.6
86.3

93.6
98.6
98.6
87.5

91.0
98.7
99.4
88.0

96.0

96.6

95.9

Durable Manufacturing
72
73
74
75

87.0
97.3
98.8
94.4

89.3
98.1
97.9
92.5

89.7
99.5
98.5
89.1

90.1
99.0
100.2
87.6

91.1
99.5
100.5
85.7

90.8
100.1
100.1
84.6

89.9
99.2
100.9
84.8

90.9
98.8
100.6
86.1

91.8
97.6
100.3
87.9

92.3
99.1
99.9
87.5

76
77
78
79
80

89.2
98.2
103.5
102.3
98.1

93.3
97.2
101.9
102.3
100.8

93.7
99.4
100.9
101.7
98.0

94.5
99.6
103.9
100.8
95.7

94.8
100.5
105.8
101.4
91.1

97.1
101.2
103.9
101.7
88.9

96.9
101.1
105.5
101.2
87.0

96.1
100.7
106.5
100.6
87.9

96.9
100.1
107.0
95.9
90.8

95.3

96.8

97.6

95.5

96.6

96.6

95.2

99.8

100.2

102.1

98.3

100.4

100.6

100.7

100.0

108.2
98.4
93.5

108.5
97.7
94.4

108.0
97.0
97.5

102.1
102.1
99.0

104.5
101.3
91.9

106.3
99.2
88.6

108.2
97.7
95.1

105.3
100.1
93.7

81
82
83

95.8
88.4
80.3

95.7
89.0
82.0

95.9
86.5
83.5

94.6
88.8
84.3

96.5
86.6
85.9

96.8
87.3
86.6

98.0
84.4
89.6

94.6
85.4
91.4

94.1
83.3
93.1

84

101.7

101.0

101.9

101.3

102.0

101.3

101.1

100.4

97.6

91.3
81.8
94.9
100.4

89.8
81.3
97.0
100.0

87.2
81.6
98.4
99.3

95.8
88.0
81.9
101.5

96.0
87.5
85.6
101.5

95.6
84.4
91.3
99.7

89.4
81.6
96.8
99.9

94.2
85.4
88.9
100.7

84.7
88.0
84.5
90.4

85.2
86.8
81.4
92.5

81.3
86.7
86.9
84.6

82.4
86.7
87.6
83.5

82.5
85.8
88.4
86.7

84.4
87.9
84.4
90.5

82.6
86.8
86.8
86.3
96.0
100.0

92.1

Nondurable Manufacturing
72
73
74
75

80.3
85.9
87.1
84.9

81.9
87.1
86.8
85.6

81.7
87.1
86.8
83.2

81.9
87.2
87.9
82.6

82.5
87.0
87.5
83.1

82.8
86.1
87.3
85.0

82.6
85.9
87.7
86.0

82.4
85.5
88.8
86.5

82.4
86.1
88.7
87.7

83.3
88.9
87.3
88.5

76
77
78
79
80

93.8
97.4
102.4
102.1
103.2

94.9
97.6
92.0
103.5
103.0

96.1
99.9
89.9
103.4
103.1

95.1
101.6
92.4
106.0
101.6

96.0
101.5
100.0
104.7
100.2

95.9
101.4
103.2
102.9
97.7

95.8
100.0
100.6
102.2
94.0

95.2
101.2
100.4
102.2
95.6

96.4
99.8
101.9
101.3
98.4

96.3
100.2

96.1
100.0

101.0
99.6

94.9
98.3

95.7
101.5

95.8
100.4

97.8
99.9

102.4

103.3

101.8

94.8

98.5

101.0

102.5

99.2

103.0
97.6

102.5
98.9

101.9
102.1

103.0
103.1

104.5
99.9

101.9
96.0

102.5
99.5

103.0
99.6

81
82
83
84

100.8
94.3
95.0
102.9

101.2
94.2
95.1
103.9

99.7
94.9
95.3
104.2

100.5
93.1
97.1
103.7

99.7
92.8
97.9
104.2

100.3
94.2
98.5
104.2

101.1
93.2
98.6
104.4

101.0
93.1
100.3
102.3

99.5
92.5
101.4
101.9

99.5
93.4




97.4
92.9

96.9
92.9

96.0
92.9

100.6
94.5

100.1
93.4

100.5
92.9

96.7
92.9

102.3

101.7

101.4

95.1

97.8

100.1

101.8

101.4

102.0

102.6

103.7

104.0

102.9

102.0

98.7

103.1

INDEXES, SEASONALLY

YR

JAN

FEB

MARE

ADJUSTED,

1977=100

APR

A!

JUNE

JULY

AUG

SEPT

CCT

NCV

DEC

01

Q2

Q3

Q4

AN.
AVG.

TOTAL INDEX
19
20

10.2
11.8

9.7
11.8

9.5
11.5

9.6
10.9

9.7
11.2

10.3
11.3

10.9
11.0

11.1
11.1

10.9
10.7

10.8
10.3

10.6
9.4

10.8
8.8

9.8
11.7

9.9
11.2

11.0
10.9

10.7
9.5

10.3
10.8

21
22
23
24
25

8.3
9.1
12.2
12.4
12.8

8.2
9.5
12.3
12.6
12.8

7.9
10.0
12.7
12.4
12.8

7.9
9.6
13.0
12.0
13.0

8.2
10.1
13.2
11.5
12.9

8.1
10.6
13.1
11.0
12.8

8.1
10.6
13.0
10.8
13.1

8.3
10.4
12.7
11.2
12.9

8.4
11.0
12.4
11.6
12.7

8.9
11.6
12.4
11.9
13.2

8.8
12.1
12.4
12.1
13.5

8.7
12.4
12.1
12.4
13.7

8.1
9.5
12.4
12.5
12.8

8.1
10.1
13.1
11.5
12.9

8.3
10.7
12.7
11.2
12.9

8.8
12.1
12.3
12.1
13.5

8.3
10.6
12.6
11.8
13.0

26
27
28
29
30

13.5
14.0
13.6
15.7
14.6

13.5
14.1
13.7
15.7
14.5

13.6
14.3
13.9
15.7
14.3

13.6
13.9
13.8
16.0
14.2

13.5
14.0
14.0
16.3
14.0

13.7
14.0
14.1
16.4
13.6

13.7
13.8
14.3
16.6
13.0

13.9
13.8
14.5
16.4
12.7

14.1
13.6
14.6
16.3
12.4

14.1
13.3
14.9
16.1
12.1

14.1
13.3
15.2
15.3
11.8

14.0
13.3
15.5
14.6
11.5

13.5
14.1
13.7
15.7
14.5

13.6
14.0
14.0
16.2
13.9

13.9
13.7
14.5
16.5
12.7

14.1
13.3
15.2
15.3
11.8

13.8
13.8
14.3
15.9
13.2

31
32
33
34
35

11.5
9.5
8.4
10.5
12.2

11.5
9.2
8.4
11.0
12.4

11.8
9.1
7.9
11.5
12.3

11.8
8.5
8.5
11.5
12.1

11.7
8.2
9.9
11.8
12.1

11.4
7.9
11.4
11.5
12.3

11.2
7.7
12.5
10.8
12.3

10.8
7.9
12.0
10.6
12.7

10.3
8.4
11.3
10.0
13.1

9.9
E.7
10.8
10.5
13.5

9.8
8.7
10.1
10.6
13.7

9.7
8.6
10.2
11.3
13.9

11.6
9.3
8.3
11.0
12.3

11.6
8.2
10.0
11.6
12.2

10.8
8.0
11.9
10.5
12.7

9.8
8.7
10.4
10.8
13.7

11.0
8.6
10.1
11.0
12.7

36
37
38
39
40

13.7
16.8
12.4
14.8
17.9

13.3
17.1
12.3
14.9
17.3

13.5
17.5
12.3
14.9
16.9

14.4
17.5
12.1
14.9
17.2

14.6
17.5
11.8
14.8
17.7

14.9
17.3
11.9
15.2
18.3

15.2
17.4
12.6
15.6
18.5

15.4
17.3
13.3
15.8
18.6

15.7
16.7
13.7
16.8
19.0

1E.9
15.5
14.0
17.6
19.3

16.4
14.0
14.6
18.1
19.8

16.9
12.7
14.8
18.1
20.4

13.5
17.1
12.4
14.9
17.3

14.6
17.4
12.0
14.9
17.8

15.5
17.1
13.2
16.1
18.7

16.4
14.1
14.5
17.9
19.8

15.0
16.4
13.0
16.0
18.4

41
42
43
44
45

21.0
25.3
30.0
34.8
34.2

21.6
25.7
30.8
35.1
34.1

22.2
26.0
31.0
35.0
33.9

22.3
25.3
31.4
35.0
33.3

23.3
25.3
31.6
34.8
32.4

23.5
25.4
31.4
34.7
31.7

23.8
26.0
32.4
34.6
30.9

24.1
26.8
33.1
35.1
27.7

24.1
27.4
33.9
34.9
25.2

24.3
28.3
34.4
35.0
24.2

24.4
29.0
34.9
34.7
25.1

24.8
29.7
34.4
34.6
25.2

21.6
25.7
30.6
35.0
34.1

23.0
25.3
31.5
34.8
32.4

24.0
26.8
33.1
34.9
28.0

24.5
29.0
34.6
34.8
24.9

23.3
26.7
32.4
34.9
29.9

46
47
48
49
50

23.8
28.6
30.0
29.6
29.3

22.6
28.8
30.1
29.3
29.5

25.0
29.0
29.7
28.8
30.4

24.6
28.7
29.8
28.6
31.4

23.7
28.8
30.3
28.2
32.2

25.1
28.8
30.7
28.2
33.1

26.0
28.7
30.7
28.1
34.2

26.9
28.8
30.6
28.4
35.3

27.4
29.1
30.4
28.7
35.0

27.9
24.3
3C.6
27.6
35.3

28.1
29.7
30.2
28.3
35.2

28.3
29.9
29.9
28.8
35.8

23.8
28.8
29.9
29.3
29.7

24.4
28.8
30.3
28.3
32.2

26.8
28.9
30.5
28.4
34.8

28.1
29.6
30.2
28.3
35.4

25.8
29.0
30.2
28.6
33.1

51
52
53
54
55

35.9
36.3
40.2
37.9
40.4

36.2
36.5
40.4
38.0
40.9

36.3
36.6
40.7
37.7
41.9

36.4
36.3
40.9
37.5
42.4

36.3
35.9
41.1
37.7
43.0

36.1
35.6
40.9
37.9
43.1

35.5
35.0
41.5
37.9
43.4

35.2
37.3
41.2
37.9
43.4

35.4
38.6
40.4
37.9
43.7

35.4
39.0
40.0
38.4
44.4

35.7
39.8
39.1
39.0
44.5

35.9
40.0
38.1
39.5
44.7

36.1
36.5
40.4
37.9
41.0

36.3
35.9
41.0
37.7
42.8

35.4
37.0
41.0
37.9
43.5

35.6
39.6
39.1
38.9
44.5

35.9
37.2
40.4
38.2
43.0

56
57
58
59
60

44.9
46.0
42.2
46.0
50.6

44.6
46.5
41.3
46.9
50.2

44.6
46.4
40.8
47.6
49.7

44.9
45.8
40.2
48.6
49.3

44.5
45.6
40.6
49.3
49.3

44..1
45.7
41.6
49.4
48.7

42.8
46.0
42.2
48.2
48.5

44.5
46.0
43.1
46.6
48.4

45.5
45.6
43.5
46.5
47.9

45.9

45.5
43.9
45.3
46.5
47.2

46.2
43.0
45.3
49.3
46.3

44.7
46.3
41.5
46.8
50.2

44.5
45.7
40.8
49.1
49.1

44.3
45.9
42.9
47.1
48.3

45.9
44.0
44.9
47.3
47.1

44.9
45.5
42.6
47.7
48.8

61
62
63
64
65

46.4
51.7
54.3
58.1
63.4

46.3
52.5
54.9
58.5
63.8

46.6
52.8
55.3
58.5
64.7

47.5
52.9
55.8
59.5
64.9

48.3
52.8
56.4
59.8
65.5

48.9
52.7
56.6
60.0
66.0

49.5
53.2
56.4
60.4
66.6

50.0
53.3
56.5
60.8
66.9

49.9
53.6
57.1
61.0
67.0

53.7
57.5
6C.2
67.7

51.7
53.9
57.7
62.0
68.0

52.1
53.9
57.6
62.7
68.8

46.4
52.3
54.8
58.4
64.0

48.3
52.8
56.3
59.8
65.5

49.8
53.4
56.6
60.7
66.8

51.5
53.8
57.6
61.6
68.2

49.1
53.2
56.3
60.1
66.1

66
67
68
69
70

69.5
73.7
76.0
80.0
79.5

70.0
72.8
76.2
80.5
79.4

70.9
72.4
76.5
81.2
79.3

71.0
73.1
76.6
80.9
79.1

71.7
72.5
77.4
80.6
79.0

72.0
72.5
77.7
81.3
78.8

72.4
72.3
77.6
81.8
79.0

72.5
73.7
77.8
82.0
78.8

73.2
73.6
78.1
81.9
78.3

73.7
74.2
78.3
82.0
7b.7

73.2
75.2
79.3
81.2
76.2

73.3
76.0
79.5
81.0
78.0

70.1
73.0
76.2
80.6
79.4

71.6
72.7
77.2
80.9
79.0

72.7
73.2
77.8
81.9
78.7

73.4
75.1
79.0
81.4
77.0

72.0
73.5
77.6
81.2
78.5

71
72
73
74
75

78.6
83.8
91.8
93.3
84.8

78.4
84.4
93.1
93.0
83.5

78.4
85.1
93.1
93.4
82.0

78.8
86.5
93.4
93.2
82.7

79.2
86.3
93.8
94.3
82.5

79.5
86.5
94.5
94.6
83.6

79.3
86.4
95.1
94.2
84.1

78.8
87.6
95.1
93.9
85.6

80.1
88.5
95.8
94.2
86.4

80.7
89.8
96.1
93.6
86.9

81.1
90.9
96.2
90.9
87.7

82.0
91.8
94.7
87.1
88.4

78.5
84.4
92.7
93.2
83.4

79.2
86.4
S3.9
94.1
82.9

79.4
87.5
95.3
94.1
85.3

81.3
90.8
95.7
90.5
87.6

79.6
87.3
94.4
93.0
84.8

76
77
78
79
80

89.3
96.5
101.6
110.3
111.3

90.9
97.2
101.6
110.9
111.4

90.7
98.0
103.0
111.2
111.4

91.1
99.0
105.5
109.9
109.1

92.1
99.6
105.8
110.9
106.2

92.2
100.4
106.9
110.9
105.0

92.7
100.7
107.5
110.5
104.8

93.2
101.0
107.7
110.2
106.3

93.5
101.4
108.3
110.4
107.7

93.9
101.8
109.2
111.0
108.5

95.4
102.1
109.9
111.0
110.7

96.2
102.1
110.8
111.0
111.0

90.3
97.3
102.1
110.8
111.4

91.8
99.7
106.1
110.6
106.8

93.2
101.0
107.9
110.4
106.3

95.2
102.0
110.0
111.0
110.1

92.6
100.0
106.5
110.7
108.6

81
82
83
84

111.0
105.4
102.5
118.4

111.2
107.0
103.3
119.3

111.6
105.8
104.2
120.1

110.6
104.5
105.6
120.7

111.2
103.6
106.9
121.3

112.0
103.0
107.8
122.3

113.4
102.5
109.8
123.2

112.8
102.0
111.6
123.5

111.5
101.3
113.7
123.3

11C.4
100.5
114.4
122.7

109.0
100.6
114.8
123.4

107.4
100.5
115.5
123.3

111.2
106.1
103.3
119.3

111.3
103.7
106.8
121.5

112.5
102.0
111.7
123.4

108.9
100.6
114.9
123.1

111.0
103.1
109.2
121.8




44.9

44.0
4f.2
47.9
5C.9

INDEXES,

YP

JAN

FEB

SEASONALLY

ADJUSTED,

1977=100

MAR

APR

MAY

JUNE

JULY

AUG

SEPT

CCT

NOV

DEC

QI

Q2

Q3

04

ANN.
AVG.

PRODUCTS, TOTAL
39
40

15.2
17.4

15.3
17.2

15.4
17.1

15.4
17.2

15.5
17.5

15.7
17.9

16.0
17.9

16.2
18.1

16.7
18.6

17.1
1E.9

17.5
19.3

17.6
20.0

15.3
17.2

15.6
17.5

16.3
18.2

17.4
19.4

16.1
18.1

41
42
43
44
45

20.6
25.1
29.8
34.9
34.8

21.2
25.8
30.5
35.2
34.4

21.8
26.0
30.8
35.2
33.9

22.2
24.4
31.2
35.3
33.3

23.0
24.5
31.5
35.3
32.4

23.2
24.6
31.8
35.4
31.8

23.4
25.2
32.7
35.7
31.3

23.7
26.0
33.2
36.1
27.9

23.7
26.9
34.2
35.8
25.0

23.9
27.9
34.7
35.9
24.3

24.1
28.8
35.2
35.4
24.7

24.4
29.7
34.4
35.1
24.7

21.2
25.6
30.4
35.1
34.4

22.8
24.5
31.5
35.3
32.5

23.6
26.0
33.4
35.9
28.0

24.1
28.8
34.8
35.5
24.6

23.0
26.2
32.5
35.4
30.0

46
47
48
49
50

24.5
28.6
30.4
29.5
29.9

24.2
28.8
30.4
29.3
30.3

24.8
28.9
30.3
29.3
30.9

25.2
28.9
30.2
29.0
31.8

24.9
28.9
30.2
29.1
32.5

25.2
28.9
30.5
29.0
33.5

25.8
28.8
30.6
29.1
34.4

26.6
29.0
30.6
29.3
35.5

27.3
29.3
30.4
29.6
34.9

27.8
2S.7
30.6
29.4
35.1

28.1
30.1
30.3
29.3
35.1

28.4
30.2
30.0
29.2
35.7

24.5
28.8
30.3
29.3
30.4

25.1
28.9
30.3
29.0
32.6

26.6
29.0
30.5
29.3
34.9

28.1
30.0
30.3
29.3
35.3

26.1
29.2
30.4
29.3
33.3

51
52
53
54
55

36.0
36.3
40.1
38.4
40.2

36.3
36.6
40.6
38.5
40.4

36.3
36.7
40.7
38.5
41.1

36.3
36.6
40.7
38.1
41.5

36.0
36.7
40.8
38.1
42.0

35.8
37.4
40.5
38.1
42.1

35.2
36.7
40.7
38.0
42.2

34.8
37.6
40.6
38.0
42.1

35.1
38.5
40.1
38.4
42.4

35.1
39.0
40.1
38.6
43.2

35.6
39.6
39.1
39.1
43.5

35.9
39.8
38.5
39.5
43.7

36.2
36.5
40.5
38.4
40.6

36.0
36.9
40.7
38.1
41.9

35.0
37.6
40.4
38.1
42.2

35.5
39.5
39.2
39.1
43.5

35.7
37.6
40.2
38.5
42.1

56
57

44.0
46.2
42.6
46.9
49.8

44.0
46.2
42.3
47.1
49.6

44.4
45.7
41.9
47.8
49.7

44.1
45.4
42.3
48.2
50.0

44.0
45.7
43.1
48.6
49.4

43.9

44.5

44.5

59
60

43.9
45.7
43.2
46.2
50.0

45.8
43.3
48.6
49.1

45.9
43.9
48.3
49.0

45.6
43.9
48.1
48.6

44.9
44.9
44.2
47.9
48.9

44.9
44.2
45.6
47.4
48.4

45.4
43.7
45.7
48.8

47.7

44.0
46.0
42.7
46.7
49.8

44.2
45.6
42.4
48.2
49.7

44.3
45.8
43.7
48.3
48.9

45.1
44.3
45.2
48.1
48.3

44.5
45.5
43.6
48.0
49.3

61
62
63
64
65

47.7
51.7
55.2
58.7
62.9

47.7
52.4
55.7
58.7
63.4

47.9
52.8
55.7
58.7
64.2

48.7
53.2
56.3
59.9
64.2

49.0
53.5
56.5
60.0
64.8

49.5
53.6
56.6
60.0
65.2

49.9
54.1
56.6
60.6
65.7

50.3
54.1
57.1
60.6
65.8

50.2
54.4
57.3
60.3
66.4

51.0
54.2
57.8
59.7
67.1

51.9
54.6
58.0
61.4
67.7

52.2
54.6
58.1
62.2
68.5

47.8
52.3
55.5
58.7
63.5

49.1
53.4
56.5
60.0
64.7

50.1
54.2
57.0
60.5
65.9

51.7
54.5
58.0
61.1
67.8

49.8
53.7
56.7
60.1
65.5

66
67
68
69
70

69.1
73.6
76.3
80.1
78.9

69.3
73.1
76.7
80.4
79.1

70.1
73.3
76.9
81.2
79.0

70.4
74.0
76.7
80.5
79.0

70.9
73.5
77.4
80.2
79.1

71.3
73.6
77.7
80.7
78.9

71.8
73.3
77.4
81.4
79.0

71.5
74.2
78.1
81.2
78.1

72.0
74.3
78.4
81.0
77.6

72.7
74.7
76.6
81.1

72.6
75.9
79.5
80.1
75.9

72.8
76.6
79.6
80.1
77.7

69.5
73.4
76.6
80.6

70.9
73.7
77.3
80.5

71.8
74.0
78.0
81.2

72.7
75.8
79.2
80.4

71.2
74.2
77.8
80.7

79.0

79.0

78.2

76.6

78.2

71
72
73
74
75

77.9
83.3
90.5
91.4
85.0

78.0
84.0
91.9
91.2
84.4

77.8
84.6
91.9
92.0
83.2

78.2
86.0
92.0
92.2
84.1

78.2
85.6
92.4
93.0
84.1

78.6
86.0
93.0
93.5
85.1

79.4
85.7
93.4
92.9
85.8

79.0
86.9
93.2
92.7
86.6

80.1
87.7
94.5
93.1
87.1

80.9
88.8

81.4
89.8

94.5

94.6

92.4
8-.2

90.7
88.0

81.9
90.5
92.6
87.6
88.5

77.9
84.0
91.4
91.5
84.2

78.3
85.9
92.5
92.9
84.4

79.5
86.8
93.7
92.9
86.5

81.4
89.7
93.9
90.2
87.9

79.3
86.6
92.9
91.9
85.7

76
77
78
79
80

89.4
97.0
102.1
110.7
111.5

91.1
97.4
102.7
111.1
112.4

90.5
97.7
104.5
111.4
112.4

90.7
98.8
105.9
109.8
110.4

91.7
99.3
106.0
111.3
108.5

91.5
100.1
107.5
111.1
108.1

92.3
100.6
107.7
110.6
108.8

92.7
101.3
108.0
110.2
110.4

92.9
101.5
108.7
110.9
111.5

93.4
101.6
109.1
111.5
112.1

95.4
101.8
109.8
111.4
113.1

96.2
103.0
110.6
111.5
113.0

90.3
97.3
103.1
111.1
112.1

91.3
99.4
106.5
110.7
109.0

92.7
101.1
108.1
110.6
110.3

95.0
102.1
109.8
111.5
112.7

92.3
100.0
106.9
111.0
111.0

81
82
83
84

113.1
109.0
107.5
122.8

113.2
110.6
108.0
123.7

113.6
109.9
108.8
124.5

113.5

114.4

108.7
110.4
125.4

108.3
111.6
126.2

114.4
107.8
112.8
127.5

115.2
107.6
114.4
128.6

114.5
106.9
116.5
129.0

113.3
106.4
118.4
128.8

112.7
10!.7
118.9
129.0

111.7
106.1
119.1
129.9

110.9
106.2
120.0
129.8

113.3
109.8
108.1
123.7

114.1
108.3
111.6
126.4

114.3
106.9
116.4
128.8

111.8
106.0
119.3
129.5

113.4
107.8
113.9
127.1

58




76.4

INDEXES,

YR

JAN

FEB

RAE

SEASONALLY

ADJUSTED,

1977=100

APR

SAY

JUNE

JULY

AUG

SEPT

OCT

NOV

DEC

ANN.

01

Q2

Q3

Q04

AVG.

FINAL PRODUCTS, TOTAL
39
40

15.0
17.1

15.0
17.0

15.3
16.9

15.3
17.0

15.3
17.1

15.4
17.4

15.7
17.5

15.9
17.6

16.2
18.3

16.6
18.7

17.0
19.1

17.1
19.8

15.1
17.0

15.3
17.2

16.0
17.8

16.9
19.2

15.8
17.8

41
42
43
44
45

20.4
25.4
31.2
37.1
36.7

21.2
26.1
31.9
37.4
36.3

21.8
26.4
32.3
37.4
35.6

22.2
24.6
32.9
37.5
34.8

22.9
24.8
33.2
37.6
33.7

23.1
25.0
33.6
37.7
33.0

23.3
25.9
34.5
38.0
32.3

23.6
26.8
35.2
38.4
28.3

23.7
27.7
36.2
38.1
25.2

24.0
28.8
36.8
38.0
24.6

24.1
29.9
37.4
37.5
24.8

24.6
31.1
36.4
37.0
25.0

21.1
26.0
31.8
37.3
36.2

22.8
24.8
33.2
37.6
33.8

23.5
26.8
35.3
38.2
28.6

24.2
29.9
36.9
37.5
24.8

22.9
26.9
34.3
37.6
31.0

46
47
48
49
50

24.7
28.7
30.1
29.2
29.7

24.5
28.7
30.1
29.2
29.8

24.6
28.7
30.0
29.2
30.4

25.0
28.7
30.0
29.0
31.3

25.0
28.6
29.9
29.0
32.0

25.1
28.7
30.4
29.0
33.0

25.6
28.6
30.4
29.0
34.0

26.6
28.8
30.2
29.3
35.3

27.4
29.2
30.0
29.4
34.6

27.9
25.6
30.2
29.4
34.6

28.3
30.0
30.0
28.9
34.6

28.4
30.1
29.7
28.7
35.3

24.6
28.7
30.1
29.2
30.0

25.0
28.6
30.1
29.0
32.1

26.5
28.9
30.2
29.3
34.6

28.2
29.9
30.0
29.0
34.8

26.1
29.0
30.1
29.1
32.9

51
52
53
54
55

35.7
36.6
40.7
38.6
39.8

36.0
36.9
41.1
38.6
40.0

36.0
37.1
41.2
38.6
40.6

35.9
37.1
41.2
38.1
41.1

35.5
37.3
41.4
38.2
41.5

35.5
38.1
41.0
38.2
41.4

34.8
37.2
41.2
38.2
41.6

34.4
38.0
41.1
38.1
41.6

35.0
38.9
40.6
38.1
41.9

36.1
3S.5
40.6
38.2
42.8

35.8
40.2
39.5
38.8
42.9

36.1
40.5
38.9
39.1
43.2

35.9
36.9
41.0
38.6
40.2

35.6
37.5
41.2
38.2
41.4

34.7
38.0
41.0
38.2
41.7

35.7

39.6
38.7
43.0

35.5
38.1
40.7
38.5
41.6

56
57
58
59
60

43.3
45.4
43.0
45.8
49.6

43.3
46.0
42.5
46.2
49.4

43.4
46.1
42.2
46.5
49.4

43.9
45.6
41.7
47.1
49.4

43.6
45.3
42.0
47.6
49.8

43.6
45.6
42.7
47.9
49.2

43.7
45.7
43.1
48.3
48.9

44.0
45.8
43.4
48.2
48.9

44.1
45.6
43.3
48.1
48.6

44.5
43.6
47.8
48.9

44.7
44.1
45.2
47.0
48.3

45.2
43.5
45.4
48.2
47.7

43.3
45.9
42.6
46.2
49.5

43.7
45.5
42.1
47.6
49.5

44.0
45.7
43.3
48.2
48.8

44.8
44.1
44.7
47.7
48.3

44.1
45.4
43.3
47.5
49.1

61
62
63
64
65

47.5
51.7
55.5
58.7
63.1

47.5
52.3
55.9
58.4
63.5

47.6
52.8
56.0
58.3
64.3

48.4
53.3
56.3
59.6
64.5

48.8
53.5
56.3
59.9
65.1

49.2
53.4
56.5
59.9
65.6

49.6
54.1
56.5
60.5
66.0

49.9
54.0
57.1
60.5
66.0

49.7
54.2
57.3
60.3
67.0

50.7
54.3
57.7
59.5
67.5

51.7
54.5
57.8
61.4
68.1

52.0
54.7
58.0
62.5
68.9

47.6
52.3
55.8
58.5
63.7

48.8
53.4
56.4
59.8
65.1

49.7
54.1
57.0
60.4
66.3

51.5
54.5
57.9
61.1
68.2

49.5
53.7
56.7
59.9
65.8

66
67
68
69
70

69.7
74.5
77.2
80.7
79.0

69.9
74.1
77.6
80.9
79.5

70.6
74.3
77.8
81.5
79.2

71.1
75.1
77.5
80.9
79.2

71.5
74.4
78.2
80.4
79.3

72.1
74.4
78.5
81.0
79.1

72.5
74.0
78.2
82.0
79.0

72.5
74.8
78.9
81.7
78.1

73.0
74.8
79.3
81.5
77.3

74.0
75.3
79.5
81.5
71.9

73.8
76.8
80.2
80.4
75.4

74.0
77.7
80.1
80.3
77.6

70.1
74.3
77.5
81.0
79.2

71.6
74.6
78.0
80.8
79.2

72.7
74.5
78.8
81.8
78.1

73.9
76.6
79.9
80.7
76.3

72.1
75.0
78.6
81.1
78.2

71
72
73
74
75

77.9
82.5
89.6
90.6
85.4

77.7
83.2
90.8
90.4
84.8

77.6
83.8
90.9
91.3
83.8

77.9
85.3
91.1
91.5
84.9

77.9
84.6
91.5
92.6
84.9

78.2
85.0
92.1
93.1
85.8

79.0
84.6
92.3
92.8
86.5

78.7
85.7
92.2
92.6
87.2

79.6
86.6
93.8
93.2
87.8

80.4
87.7
93.9
92.8
87.8

80.8
88.7
93.9
91.1
88.4

81.2
89.5
91.6
88.0
89. 1

77.7
83.2
90.5
90.8
84.7

78.0
85.0
91.6
92.4
85.2

79.1
85.6
92.7
92.9
87.2

80.8
88.6
93.1
90.7
88.4

78.9
85.6
92.0
91.7
86.3

76
77
78
79
80

89.7
97.3
101.6
110.8
111.8

91.4
97.8
102.5
111.0
112.9

90.8
97.8
104.4
111.5
112.9

90.9
98.9
106.0
109.4
111.9

91.9
99.2
106.1
111.4
110.1

91.7
99.9
107.5
111.1
109.6

92.3
100.6
107.8
110.6
110.7

92.8
101.2
108.3
110.2
111.7

92.6
101.4
108.9
111.1
112.8

93.1
101.4
105.2
111.5
111.5

95.4
101.7
109.9
111.5
114.5

96.4
102.8
110.5
111.4
114.1

90.7
97.7
102.8
111.1
112.5

51.5
99.3
106.5
110.6
110.5

92.6
101.1
108.3
110.6
111.7

95.0
101.9
109.9
111.5
114.0

92.4
100.0
106.9
111.0
112.2

81
82
83
84

114.2
111.0
108.6
123.4

114.7
112.5
109.0
124.2

115.1
112.0
109.7
125.0

115.2
110.8
111.3
126.1

116.0
110.2
112.5
126.8

116.2
109.6
113.6
128.2

116.9
109.3
115.1
129.2

116.3
108.3
117.3
129.7

115.3
107.7
119.2
129.8

11!.1
107.0
119.3
129.9

114.0
107.4
119.7
130.7

113.2
107.9
120.8
130.6

114.7
111.8
109.1
124.2

115.8
110.2
112.5
127.1

116.2
108.4
117.2
129.5

114.1
107.4
120.0
130.4

115.2
109.5
114.7
127.8




44.7

40.1

INDEXES, SEASONALLYI ADJUSTED,

YRIB

JAN

CONSUMER

FEE

MAR

APE

MAY

1977=100

JUNE

JULY

AUG

SEPT

CCT

NOV

DEC

01

02

Q3

04

ANN.
AVG.

GOODS

39
40

17.5
18.9

17.5
18.9

17.8
18.6

17.8
18.7

17.8
18.9

18.0
19.0

18.2
19.0

18.3
19.0

18.6
19.5

18.7
19.8

18.9
20.2

19.0
20.9

17.6
18.8

17.9
18.9

18.4
19.1

18.9
20.3

18.2
19.3

41
42
43
44
45

21.3
24.1
20.7
22.1
23.3

21.9
23.8
20.9
22.2
23.2

22.5
23.8
21.0
22.5
23.1

22.9
20.5
21.2
22.6
23.3

23.6
20.3
21.5
22.8
23.3

23.6
19.9
21.9
22.9
23.5

23.6
20.2
22.2
23.0
23.4

23.7
20.4
22.4
23.5
22.4

23.6
20.5
22.5
23.0
23.5

23.6
2C.8
22.4
23.0
23.8

23.6
20.9
22.3
23.0
24.5

23.6
21.4
21.8
23.0
24.8

21.9
23.9
20.9
22.2
23.2

23.3
20.2
21.5
22.7
23.4

23.6
20.4
22.4
23.2
23.1

23.6
21.0
22.2
23.0
24.4

23.1
21.4
21.8
22.8
23.5

46
47
48
49
50

25.9
29.6
30.8
30.0
32.0

26.9
29.5
30.9
29.9
32.0

26.8
29.6
30.5
30.1
32.7

27.0
29.5
30.8
30.0
33.6

27.2
29.3
30.7
30.0
34.4

27.2
29.3
31.2
30.4
35.3

27.9
29.5
31.1
30.7
36.4

28.8
29.7
30.8
30.9
37.5

29.3
30.0
30.7
31.4
36.6

29.7
30.4
31.0
31.5
39.3

30.1
30.9
30.7
31.1
36.2

30.3
30.9
30.3
30.7
36.7

26.5
29.6
30.7
30.0
32.2

27.1
29.4
30.9
30.1
34.4

28.7
29.7
30.9
31.0
36.8

30.0
30.8
30.7
31.1
36.4

28.1
29.9
30.8
30.6
35.0

51
52
53
54
55

37.0
33.9
37.9
36.0
39.9

36.9
34.2
38.2
36.4
40.1

36.4
34.3
38.2
36.5
40.9

35.7
34.3
38.1
36.5
41.1

35.1
34.3
38.3
36.7
41.7

34.6
35.2
37.7
37.0
41.4

33.5
34.6
37.8
37.1
41.5

32.7
35.3
37.5
37.1
41.6

33.1
36.2
37.0
37.5
41.8

32.8
36.8
37.0
37.6

33.6
37.5
35.9
39.1

42.6

33.4
37.5
36.4
38.4
42.8

36.8
34.1
38.1
36.3
40.3

35.1
34.6
38.0
36.7
41.4

33.1
35.4
37.4
37.2
41.6

33.3
37.3
36.4
38.4
42.8

34.6
35.4
37.5
37.3
41.6

56
57
58
59
60

43.0
43.7
42.9
46.9
50.3

42.9
44.2
42.6
47.2
49.7

42.9
44.4
42.3
47.2
49.8

43.0
43.9
41.8
48.0
50.1

42.8
44.0
42.5
48.2
50.4

42.7
44.2
43.3
48.0
50.1

42.8
44.4
44.0
48.6
49.6

43.0
44.6
44.1
48.7
49.7

43.0
44.6
43.6
48.5
49.5

43.3
43.9
44.0
48.3
50.0

43.1
43.8
46.1
47.2
49.1

43.4

46.4
48.8
48.8

42.9
44.1
42.6
47.1
50.0

42.8
44.0
42.5
48.0
50.2

42.9
44.5
43.9
48.6
49.6

43.3
43.7
45.5
48.1
49.3

43.1
44.2
43.8
48.0
49.8

61
62
63
64
65

48.4
52.9
55.8
59.2
63.9

48.7
53.2
56.4
59.1
64.1

48.7
53.6
56.7
58.8
64.6

49.8
54.1
56.9
60.3
64.5

50.4
54.4
57.0
60.7
64.9

50.9
54.0
57.4
60.6
65.0

51.4
55.0
57.2
61.5
65.0

51.7
54.3
57.7
61.4
65.0

50.9
54.7
57.8
60.7
66.0

52.3
54.6
58.2
55.5
66.3

53.2
54.9
58.3
61.7
66.6

53.3
55.1
58.6
63.0
67.1

48.6
53.3
56.3
59.0
64.2

50.4
54.2
57.1
60.6
64.8

51.3
54.7
57.6
61.2
65.3

52.9
54.9
58.4
61.4
66.7

50.9
54.3
57.3
60.5
65.3

66
67
68
69
70

67.4
70.0
72.7
76.7
75.8

67.6
69.1
73.1
77.3
76.5

68.1
69.3
73.5
77.9
76.4

68.3
70.5
73.4
76.7
76.8

68.3
69.1
73.8
76.1
77.2

68.6
69.3
74.2
77.0
77.4

68.5
69.2
74.1
78.4
77.5

68.3
69.9
74.9
78.2
76.2

68.5
70.0
75.2
77.6
75.9

69.9
71.0
75.7
77.7
75.0

69.6
72.5
76.7
77.0
74.5

69.4
73.7
76.3
77.1
77.7

67.7
69.5
73.1
77.3
76.3

68.4
69.7
73.8
76.6
77.1

68.4
69.7
74.7
78.1
76.6

69.6
72.4
76.2
77.2
75.7

68.6
70.3
74.5
77.3
76.4

71
72
73
74
75

78.9
84.9
89.8
88.2
80.8

78.8
85.2
91.1
87.5
80.9

79.1
85.5
91.2
88.7
80.4

79.7
87.2
91.0
88.5
82.6

79.8
86.3
91.1
89.2
83.0

80.4
91.3
89.9
84.7

81.6
86.3
91.2
89.2
86.5

80.7
87.8
91.1
89.7
87.1

81.4
88.2
92.7
89.4
87.9

82.5
89.3
92.2
89.1
87.9

83.2
89.7
92.1
86.6
88.8

83.7
90.7
89.5
84.3
89.5

78.9
85.2
90.7
88.1
80.7

79.9
86.7
91.1
89.2
83.4

81.2
87.4
91.6
89.5
87.2

83.1
89.9
91.3
86.7
88.7

80.8
87.3
91.2
88.4
84.9

76
77
78
79
80

90.5
98.0
100.1
105.4
103.2

92.3
98.5
101.6
105.0
103.6

91.5
98.4
102.9
105.5
104.1

91.8
99.0
104.2
103.1
102.5

92.9
99.1
104.1
105.0
100.2

92.9
99.7
105.4
104.3
99.9

93.3
100.3
105.4
103.2
101.0

93.9
101.3
105.3
102.6
102.1

93.5
100.6
105.5
102.8
103.5

93.9
101.3
10 .4
102.9

96.4
101.7
105.4
103.1

103.8

104.3

97.2
102.4
106.1
103.2
104.1

91.4
98.3
101.6
105.3
103.6

52.6
99.3
104.6
104.1
100.9

93.6
100.7
105.4
102.9
102.2

S5.8
101.8
105.7
103.1
104.1

93.3
100.0
104.3
103.9
102.7

81
82
83
84

104.4
100.7
103.0
116.2

304.3
101.9
103.7
116.9

104.7
101.7
104.5
117.3

104.4
101.2
106.2
118.3

105.4
101.3
107.8
117.7

104.7
101.8
108.8
118.5

105.1
101.7
110.3
119.1

104.9
102.0
112.2
118.4

103.3
101.0
113.4
118.3

103.3
10(.9
113.6
118.5

102.7
101.3
113.6
119.6

101.6
101.1
114.4
119.7

104.5
101.4
103.7
116.8

104.8
101.4
107.6
118.2

104.4
101.5
112.0
118.6

102.5
101.1
113.9
119.3

104.1
101.4
109.3
118.2




E6.7

43.0
43.5

INDEXES,

YR

JAN

FEE

SEASONALLY

MAB

ADJUSTED,

1977=100

APR

MAY

JUNE

JULY

AUG

SEET

CC!

NOV

DEC

01

02

Q3

04

ANN.
AVG.

DURABLE CONSUMER GCCDS
47
48
49
50

24.1
26.8
24.5
28.3

24.9
26.5
24.2
28.3

25.4
26.7
24.1
29.4

25.6
26.4
24.2
31.6

25.3
25.9
24.0
33.2

25.5
27.0
24.6
36.0

25.1
27.7
25.4
37.4

24.8
27.3
25.8
38.6

25.6
26.5
26.7
36.8

26.0
27.3
27.1
36.1

26.8
26.3
25.6
35.3

27.1
25.3
25.3
35.0

24.8
26.7
24.3
28.7

25.5
26.5
24.3
33.6

25.2
27.2
26.0
37.6

26.6
26.3
26.0
35.4

25.5
26.6
25.2
33.7

51
52
53
54
55

34.3
26.2
34.5
28.9
35.8

34.5
26.1
34.9
29.6
36.2

34.2
26.7
35.2
29.6
37.2

32.6
26.4
34.9
30.0
37.8

31.0
27.2
35.1
30.6
38.8

29.5
27.5
33.7
30.8
38.0

26.4
24.9
33.5
30.4
38.5

24.7
27.3
33.2
30.7
38.5

25.7
30.1
31.9
30.9
38.6

25.5
31.1
31.6
31.3
38.9

26.0
33.1
30.5
32.2
38.5

26.3
33.2
29.4
33.4
38.3

34.3
26.3
34.9
29.4
36.4

31.1
27.1
34.6
30.4
38.2

25.6
27.4
32.9
30.7
38.5

25.9
32.5
30.5
32.3
38.5

29.3
28.4
33.2
30.8
37.9

56
57
58
59
60

37.9
37.1
33.0
37.6
43.0

37.2
37.8
31.9
37.8
42.4

37.3
37.6
30.8
38.5
41.6

37.9
36.5
29.6
38.8
41.5

37.0
36.3
30.7
39.6
41.9

36.1
36.9
31.6
39.8
41.5

36.1
36.6
32.0
40.6
39.9

36.1
37.6
32.6
39.5
40.3

35.6
37.5
30.4
38.3
39.8

36.1
36.1
31.9
39.2
40.3

35.6
36.0
37.3
34.4
39.0

37.0
34.4
37.5
38.8
37.6

37.5
37.5
31.9
38.0
42.3

37.0
36.6
30.6
39.4
41.6

36.0
37.2
31.7
39.5
40.0

36.2
35.5
35.6
37.4
39.0

36.8
36.7
32.6
38.6
40.8

61
62
63
64
65

36.2
43.6
47.1
51.4
58.7

36.1
43.8
47.6
51.7
59.5

36.1
44.5
47.7
51.3
61.2

38.7
45.5
48.1
52.7
61.1

39.9
45.9
48.9
53.0
61.5

41.2
45.1
49.7
53.6
62.0

42.0
46.1
49.7
54.4
62.5

42.1
45.4
49.8
54.8
61.8

39.7
46.0
50.6
53.6
63.0

41.9
46.2
50.7
48.0
63.6

43.8
46.3
51.2
54.5
64.0

44.6
46.6
51.3
57.7
65.3

36.1
44.0
47.5
51.5
59.8

39.9
45.5
48.9
53.1
61.5

41.2
45.8
50.0
54.3
62.4

43.4
46.4
51.1
53.4
64.3

40.2
45.4
49.3
53.0
62.1

66
67
68
69
70

65.5
63.2
67.6
74.2
67.3

65.4
61.4
68.7
74.2
68.3

65.9
62.0
68.5
74.6
68.9

67.2
62.5
68.6
72.6
68.9

66.1
61.6
69.4
71.7
69.0

66.1
60.9
70.1
74.1
70.3

64.9
61.8
69.5
74.1
70.4

63.8
62.5
70.4
74.9
68.3

64.2
62.3
71.1
74.1
66.5

67.5
63.4
72.1
74.5
62.5

65.5
67.0
73.8
71.5
62.7

64.8
69.6
74.4
71.0
70.0

65.6
62.2
68.2
74.3
68.2

66.4
61.7
69.4
72.8
69.4

64.3
62.2
70.4
74.4
68.4

65.9
66.7
73.4
72.3
65.1

65.8
63.2
70.4
73.4
67.7

71
72
73
74
75

72.8
82.2
92.8
84.7
65.6

74.4
81.9
93.7
83.4
65.1

74.5
81.8
92.9
82.6
65.4

75.0
86.1
92.0
82.8
71.3

76.2
84.5
92.4
83.5
72.7

76.8
83.6
92.9
85.8
75.1

78.2
84.0
93.2
84.3
79.6

77.4
85.9
90.4
85.5
80.7

77.3
86.6
94.4
85.1
82.1

78.7
8S.7
93.0
84.5
82.2

79.5
91.1
93.0
79.9
82.8

79.8
93.1
89.1
73.1
83.7

73.9
82.0
93.2
83.6
65.4

76.0
84.7
92.4
84.0
73.0

77.6
85.5
92.7
85.0
80.8

79.3
91.3
91.7
79.2
82.9

76.7
85.8
92.5
83.0
75.3

76
77
78
79
80

85.1
95.5
96.7
104.9
91.9

87.2
95.5
99.9
104.7
93.0

86.5
97.2
102.4
104.5
93.2

87.0
97.6
105.3
96.5
87.6

88.4
98.4
103.6
102.3
82.6

87.9
100.5
105.3
102.3
81.3

88.6
101.8
106.2
100.7
82.0

91.0
102.6
105.6
95.7
84.3

87.2
102.5
104.6
97.1
88.0

87.1
103.0
105.1
96.2
9C.8

92.2
102.0
105.2
95.6
93.8

94.2
103.8
105.7
96.0
92.3

86.2
96.1
99.6
104.7
92.7

87.8
98.9
104.7
100.4
83.8

88.9
102.3
105.5
97.8
84.8

91.2
103.0
105.3
95.9
92.3

88.4
100.0
103.7
99.9
88.4

81
82
83
84

91.3
78.4
86.3
113.0

91.5
81.4
89.4
113.0

91.3
82.0
91.6
112.8

91.4
83.5
93.2
113.0

93.2
84.0
95.6
111.8

92.6
85.9
97.5
111.7

92.4
86.2
99.7
113.8

91.2
86.2
102.6
113.3

88.0
83.0
104.3
111.5

87.8
81.0
106.5
112.4

84.4
81.2
106.7
133.3

79.8
81.4
109.7
113.1

91.4
80.6
89.1
112.9

92.4
84.5
95.5
112.2

90.6
85.1
102.2
112.9

84.0
81.2
107.6
112.6

89.7
82.9
98.5
112.6

NONDURABLE CONSUMER GCCDS
47
48
49
50

32.2
32.7
32.4
33.9

31.8
33.0
32.5
33.9

31.7
32.5
32.9
34.4

31.4
32.9
32.7
34.9

31.2
32.9
32.9
35.2

31.2
33.2
32.9
35.5

31.5
32.8
33.0
36.2

31.9
32.5
33.4
37.5

32.1
32.6
33.5
37.0

32.5
32.8
33.6
36.8

32.9
32.9
33.5
36.8

32.8
32.6
33.3
37.9

31.9
32.7
32.6
34.0

31.3
33.0
32.8
35.2

31.8
32.6
33.3
36.9

32.7
32.7
33.5
37.2

31.9
32.8
33.1
35.8

51
52
53
54
55

38.4
37.4
39.7
39.4
41.8

38.3
37.8
39.9
39.6
41.8

37.6
37.8
39.7
39.7
42.5

37.4
37.9
39.9
39.4
42.7

37.1
37.5
40.0
39.5
43.1

37.0
38.8
39.9
39.7
43.0

36.7
38.9
39.8
40.0
42.9

36.3
39.1
39.7
40.0
43.0

36.3
39.1
39.4
40.5
43.3

36.3
35.4
35.6
40.6
44.4

36.8
39.8
39.3
41.3

37.0
39.7
38.9
41.6

44.8

45.2

38.1
37.7
39.8
39.6
42.0

37.2
38.1
40.0
39.5
42.9

36.4
39.0
39.6
40.2
43.1

36.7
39.6
39.3
41.2
44.8

37.1
38.6
39.7
40.2
43.2

56
57
58
59
60

45.4
46.6
47.5
51.0
53.6

45.5
47.1
47.6
51.5
53.0

45.5
47.4
47.6
51.3
53.5

45.5
47.2
47.5
52.1
54.1

45.6
47.4
48.0
52.1
54.2

45.8
47.5
48.8
51.7
53.9

46.0
47.9
49.4
52.2
54.1

46.3
47.8
49.4
52.8
54.1

46.3
47.8
49.7
53.1
53.9

44.6
47.5
54.4

46.5
47.2
50.3
53.1
53.9

46.4
47.7
50.3
53.3
53.8

45.5
47.1
47.6
51.3
53.4

45.6
47.4
48.1
52.0
54.1

46.2
47.8
49.5
52.7
54.0

46.5
47.5
50.1
53.0
54.0

46.0
47.5
48.9
52.3
53.9

61
62
63
64
65

54.0
57.2
59.8
62.7
66.2

54.4
57.5
60.5
62.4
66.1

54.4
57.9
60.8
62.2
66.2

54.9
58.0
60.9
63.7
66.0

55.2
58.3
60.8
64.3
66.4

55.5
58.1
60.8
63.9
66.4

55.7
58.9
60.6
64.7
66.2

56.2
58.3
61.3
64.3
66.4

55.9
58.7
61.1
63.9
67.3

5f.9
58.4
61.6
64.8
67.5

57.4
58.7
61.5
65.0
67.9

57.4
59.0
62.0
65.3
67.8

54.2
57.5
60.3
62.4
66.2

55.2
58.1
60.8
64.0
66.3

55.9
58.6
61.0
64.3
66.7

57.2
58.7
61.7
65.0
67.7

55.7
58.3
61.0
64.0
66.7

66
67
68
69
70

68.2
73.1
75.0
77.8
79.6

68.6
72.6
75.1
78.7
80.2

69.1
72.6
75.8
79.3
79.8

68.9
74.1
75.6
78.5
80.3

69.4
72.5
75.8
78.1
80.8

69.7
73.1
76.2
78.3
80.5

70.1
72.6
76.2
80.2
80.7

70.3
73.3
77.1
79.6
79.8

70.5
73.6
77.1
79.1
80.2

71.0
74.4
71.4
75.0
80.7

71.4
75.0
78.0
79.4
79.9

71.5
75.5
77.1
79.8
81.2

68.6
72.8
75.3
78.6
79.9

69.3
73.2
75.9
78.3
80.5

70.3
73.1
76.8
79.7
80.2

71.3
75.0
77.5
79.4
80.6

69.9
73.5
76.4
79.0
80.3

71
72
73
74
75

81.6
86.0
88.5
89.6
87.0

80.8
86.5
89.9
89.2
87.4

81.1
87.0
90.4
91.1
86.5

81.8
87.6
90.5
90.8
87.2

81.3
87.0
90.4
91.5
87.2

81.9
88.0
90.6
91.6
88.7

83.1
87.2
90.3
91.2
89.2

82.1
88.5
91.2
91.5
89.7

83.2
88.8
91.9
91.2
90.2

84.2
89.1
91.9
91.0
90.2

84.8
89.1
91.6
89.4
91.2

85.5
89.6
89.6
88.9
91.9

81.1
86.5
89.6
90.0
87.0

81.7
87.6
90.5
91.3
87.7

82.8
88.2
91.1
91.3
89.7

84.8
89.3
91.0
89.7
91.1

82.6
87.9
90.6
90.6
88.8

76
77
78
79
80

92.7
99.0
101.4
105.6
107.5

94.5
99.6
102.2
105.1
107.6

93.6
98.9
103.1
105.8
108.2

93.8
99.4
103.7
105.5
108.1

94.8
99.4
104.3
106.1
106.9

95.0
99.4
105.4
105.0
107.0

95.3
99.7
105.1
104.2
108.1

95.1
100.7
105.1
105.1
108.8

96.0
99.8
105.9
104.9
109.3

96.6
100.6
105.5
105.5
108.7

98.0
101.5
105.5
106.0
108.3

98.4
101.8
106.3
105.9
108.4

93.6
99.2
102.3
105.5
107.8

94.5
99.4
104.5
105.5
107.4

95.5
100.1
105.4
104.7
108.8

97.7
101.3
105.8
105.8
108.5

95.3
100.0
104.5
105.4
108.1

81
82
83
84

109.2
108.9
109.2
117.3

109.0
109.5
109.0
118.3

109.6
109.0
109.2
118.9

109.1
107.8
111.0
120.3

109.7
107.8
112.3
119.9

109.0
107.8
112.9
120.9

109.6
107.5
114.3
120.9

109.8
107.9
115.7
120.2

108.8
107.7
116.7
120.7

108.9
108.3
116.2
121.0

109.4
108.7
116.1
121.8

109.6
108.4
116.1
122.1

109.3
109.1
109.1
118.2

109.3
107.8
112.1
120.4

109.4
107.7
115.6
120.6

109.3
108.5
116.1
121.6

109.3
108.3
113.3
120.2




4S.7

52.4

INDEXES,

YR

JAN

FEB

SEASONALLY

ADJUSTED,

MAR

APR

MAY

1977=100

JUNE

JULY

AUG

SEPT

CCT

NOV

DEC

01

Q2

Q3

04

ANN.
AVG.

BUSINESS EQUIPMENT
47
48
49
50

25.0
27.0
25.7
21.7

25.2
26.9
25.6
22.4

25.4
27.1
25.1
22.6

25.7
26.9
24.7
23.3

25.9
26.8
24.1
24.3

26.0
27.2
23.7
25.2

25.6
27.3
23.3
26.1

26.0
27.3
23.0
27.5

26.4
27.1
22.9
26.9

26.6
26.8
22.0
27.4

26.6
26.6
21.3
27.6

26.8
26.4
21.3
28.1

25.2
27.0
25.5
22.3

25.9
27.0
24.2
24.3

26.0
27.2
23.1
26.8

26.7
26.6
21.5
27.7

25.9
27.0
23.6
25.2

51
52
53
54
55

28.4
34.3
36.4
33.5
31.8

28.8
34.7
36.6
33.1
32.3

29.2
35.0
36.8
32.6
32.6

30.0
34.9
36.9
32.1
33.7

30.2
35. 1
36.6
32.0
34.2

30.6
35.3
36.4
31.6
34.6

30.8
33.6
37.0
31.5
34.7

31.3
34.2
36.8
31.3
34.9

31.9
35.0
36.4
31.0
35.2

32.5
35.3
36.4
30.9
36.8

33.0
35.8
35.2
31.5
37.0

33.5
36.1
34.6
31.6
37.6

28.8
34.7
36.6
33.1
32.2

30.2
35.1
36.6
31.9
34.2

31.3
34.2
36.7
31.3
34.9

33.0
35.8
35.4
31.3
37.1

30.8
34.9
36.3
31.9
34.6

56
57
58
59
60

37.9
42.7
37.4
36.9
41.5

38.4
43.6
36.1
37.4
41.8

38.8
43.4
35.3
37.8
41.9

40.0
42.6
34.6
38.8
41.4

39.8
41.8
33.7
40.1
41.6

40.0
42.0
33.7
41.0
41.0

40.0
42.2
33.9
41.1
40.5

40.5
42.1
34.5
40.7
40.0

40.6
41.5
34.8
40.4
39.6

41.0
40.4
35.3
4C.1
39.3

41.6
39.4
35.9
39.5
39.2

42.1
38.2
36.2
40.1
38.3

38.4
43.3
36.3
37.4
41.7

39.9
42.1
34.0
39.9
41.4

40.4
41.9
34.4
40.7
40.1

41.6
39.3
35.8
39.9
39.0

40.1
41.7
35.2
39.5
40.6

61
62
63
64
65

38.6
41.0
43.3
48.0
53.4

38.3
41.6
43.9
47.7
54.3

38.2
42.1
43.6
48.3
55.0

38.6
42.4
44.0
49.4
55.5

38.7
42.4
43.9
50.0
56.3

39.0
42.8
44.1
50.2
57.1

39.2
43.2
44.7
50.8
58.1

39.4
43.6
45.8
50.8
58.1

40.0
43.6
45.7
51.2
59.2

35.9
43.7
46.5
5C.8
60.1

41.0
43.7
46.8
52.5
61.2

41.1
43.5
46.7
53.5
62.5

38.4
41.6
43.6
48.0
54.2

38.8
42.5
44.0
49.9
56.3

39.5
43.4
45.4
50.9
58.5

40.7
43.6
46.7
52.3
61.3

39.4
42.8
44.9
50.3
57.6

66
67
68
69
70

63.8
68.2
69.7
74.0
74.1

63.6
68.3
69.7
74.0
74.4

64.8
68.1
70.3
74.7
74.6

65.3
68.1
70.0
75.5
74.5

66.2
68.3
71.0
75.0
74.5

66.8
68.0
70.9
75.8
74.0

67.9
66.6
70.2
76.5
73.8

68.2
67.8
70.8
76.2
73.6

68.9
67.5
71.6
77.0
72.0

68.7
66.9
72.2
77.2
69.7

67.7
68.7
72.3
75.4
69.3

68.7
69.4
73.0
75.2
70.2

64.1
68.2
69.9
74.3
74.4

66.1
68.1
70.6
75.4
74.3

68.3
67.3
70.9
76.6
73.2

68.4
68.3
72.5
75.9
69.7

66.7
68.0
71.0
75.6
72.9

71
72
73
74
75

68.6
73.7
87.0
93.9
90.7

69.0
74.8
88.4
94.2
88.8

68.3
76.0
88.9
95.0
86.4

67.9
77.6
90.2
96.0
86.0

67.5
77.8
91.3
97.8
85.1

67.8
78.1
92.6
98.0
84.6

67.9
77.7
93.3
98.3
84.2

68.9
79.0
93.6
96.7
85.1

70.5
80.8
95.6
99.1
85.0

71.2
82.4
96.5
98.7
85.3

71.5
84.5
96.6
98.0
86.1

71.9
85.1
94.4
92.2
86.2

68.7
74.9
88.1
94.4
88.6

67.7
77.8
91.4
97.3
85.2

69.1
79.2
94.2
98.0
84.8

71.6
84.0
95.8
96.3
85.9

69.3
79.0
92.4
96.5
86.1

76
77
78
79
80

86.1
96.2
104.4
122.1
125.2

87.9
96.6
105.1
123.6
127.1

87.6
96.5
107.4
124.5
126.0

87.7
98.3
109.8
122.7
125.3

88.5
98.4
109.8
125.2
123.0

88.1
99.5
111.8
125.4
121.8

89.1
100.8
112.6
125.2
123.2

89.3
100.7
114.3
124.4
123.9

89.4
102.5
115.5
126.4
124.5

90.1
102.7
116.8
126.3
126.0

93.1
103.2
119.0
125.5
127.8

94.7
104.4
119.5
124.6
127.4

87.2
96.4
105.6
123.4
126.1

88.1
58.7
110.5
124.5
123.4

89.3
101.3
114.1
125.3
123.9

92.6
103.5
118.4
125.5
127.1

89.3
100.0
112.2
124.7
125.1

81
82
83
84

127.0
118.3
109.2
127.1

128.0
119.8
109.4
128.5

127.9
118.8
110.0
130.4

128.3
116.8
111.5
131.2

128.9
115.0
112.4
133.3

130.3
113.3
113.4
135.5

131.1
113.2
114.6
137.0

128.7
110.1
117.7
139.1

127.9
110.3
120.8
139.2

126.3
108.6
12C.7
139.1

123.8
108.9
121.7
139.8

122.8
109.9
123.0
138.4

127.6
119.0
109.5
128.7

129.1
115.0
112.5
133.3

129.2
111.2
117.7
138.4

124.3
109.1
121.8
139.1

127.6
113.6
115.4
134.9

DEFENSE AND SPACE EQUIPMENT
47
48
49
50

15.6
16.0
19.1
17.5

15.4
16.6
19.1
17.5

15.1
16.9
19.0
17.7

15.2
17.3
18.7
18.1

15.0
16.9
19.0
18.7

14.9
17.5
19.1
19.3

14.8
17.9
19.0
20.4

14.7
18.2
18.7
22.4

14.7
18.7
18.4
24.7

15.2
19.0
17.9
26.7

15.4
19.5
17.8
28.5

15.7
19.5
17.6
30.9

15.4
16.5
19.1
17.6

15.1
17.2
19.0
18.7

14.8
18.3
18.7
22.5

15.5
19.3
17.8
28.7

15.2
17.8
18.6
21.9

51
52
53
54
55

34.3
69.2
86.3
85.3
74.1

39.6
69.9
88.2
84.7
74.1

45.0
70.1
89.8
83.6
73.7

49.3
70.9
91.1
82.1
73.6

50.9
73.2
92.6
80.9
73.6

53.6
75.4
93.2
79.7
72.9

56.7
75.9
94.0
79.4
72.8

58.6
77.1
93.3
77.7
72.2

60.4
78.3
93.2
76.9
72.5

63.0
8(.9
92.3
76.2
72.1

66.6
82.5
86.3
75.7
72.0

68.0
85.1
87.1
74.6
72.2

39.6
69.7
88.1
84.5
74.0

51.3
73.2
92.3
80.9
73.3

58.6
77.1
93.5
78.0
72.5

65.9
82.8
88.6
75.5
72.1

53.8
75.7
90.6
79.8
73.1

56
57
58
59
60

71.4
76.4
70.0
78.2
80.5

70.7
76.8
70.5
77.5
80.9

69.3
76.7
71.9
77.8
81.3

69.7
76.9
73.1
78.3
80.8

69.9
75.7
73.9
78.9
81.7

69.9
76.2
76.0
79.1
79.7

69.9
75.3
76.1
79.5
81.6

70.7
75.4
76.8
79.0
82.0

71.4
73.9
77.3
79.5
81.8

73.3
72.1
77.2
79.4
81.0

74.4
69.7
77.8
79.2
81.3

76.1
69.2
77.9
79.9
80.1

70.5
76.6
70.8
77.8
80.9

69.8
76.3
74.3
78.8
80.7

70.7
74.9
76.7
79.3
81.8

74.6
70.3
77.6
79.5
80.8

71.4
74.6
74.9
78.9
81.1

61
62
63
64
65

80.9
89.5
104.5
101.6
102.4

80.3
91.1
103.7
100.7
103.5

80.2
92.3
103.1
100.4
105.4

80.4
93.1
103.0
100.2
106.7

80.4
93.8
103.0
98.5
109.0

80.4
94.7
102.9
97.9
110.3

80.9
96.5
101.9
97.7
112.1

81.3
97.9
102.3
98.2
113.0

83.1
98.1
102.7
98.8
113.2

84.9
98.4
102.7
95.5
114.7

87.0
99.4
102.3
100.6
115.7

88.5
99.8
102.6
101.3
116.8

80.4
91.0
103.8
100.9
103.8

80.4
93.9
103.0
98.9
108.7

81.8
97.5
102.3
98.2
112.8

E6.8
99.2
102.5
100.4
115.7

82.4
95.4
102.9
99.6
110.3

66
67
68
69
70

119.3
142.5
150.1
146.0
131.3

121.1
144.1
151.8
145.0
129.2

122.2
145.6
148.9
145.5
126.3

124.7
147.1
145.9
144.3
123.5

127.0
148.1
147.9
144.1
120.8

128.9
147.8
148.7
142.0
118.7

130.6
148.6
148.7
141.5
116.7

132.4
148.8
149.1
139.5
115.8

134.1
149.3
148.9
138.7
114.6

136.2
150.5
145.0
131.3
113.0

138.6
150.7
146.6
134.8
112.2

140.1
150.7
145.8
133.2
110.9

120.9
144.1
150.3
145.5
1/8.9

126.9
147.6
147.5
143.5
121.0

132.4
148.9
148.9
139.9
115.7

138.3
150.6
145.8
135.1
112.1

129.6
147.8
148.1
141.0
119.4

71
72
73
74
75

111.8
104.1
103.1
99.6
100.9

109.1
106.0
103.6
99.7
98.3

108.2
105.9
102.7
99.4
97.9

108.3
106.1
102.2
99.2
98.3

109.6
105.3
101.4
100.1
98.7

107.9
105.0
101.9
99.3
99.4

107.1
104.0
102.1
100.4
97.7

107.1
102.7
100.5
101.3
97.8

106.0
103.2
100.8
101.5
99.4

105.4
102.4
101.8
101.8
98.4

104.5
103.1
101.8
101.5
96.3

102.9
103.8
101.2
101.5
99.3

109.7
105.4
103.1
99.5
99.0

108.6
105.5
101.8
99.6
98.8

106.7
103.3
101.1
101.0
98.3

104.2
103.1
101.6
101.6
98.0

107.3
104.3
101.9
100.4
98.5

76
77
78
79
80

99.9
98.8
98.4
103.9
112.1

100.5
99.5
95.4
104.5
113.6

101.2
98.8
100.4
103.6
113.6

100.2
101.6
100.9
102.6
115.3

100.2
102.1
101.0
103.1
115.6

99.3
102.6
101.9
103.0
116.2

99.1
102.6
102.1
103.8
114.4

100.2
102.3
102.5
105.0
115.6

100.6
103.1
103.3
106.3
116.3

IOC.7
95.9
102.5
109.3
116.7

100.1
95.0
102.5
110.5
117.5

99.5
98.1
103.6
111.2
117.9

100.6
99.0
98.1
104.0
113.1

99.9
102.1
101.2
102.9
115.7

100.0
102.7
102.6
105.0
115.4

100.1
96.3
102.9
110.3
117.3

100.1
100.0
101.2
105.6
115.4

81
82
83
84

117.5
124.3
137.8
148.8

116.9
128.5
139.2
151.3

117.1
129.5
140.4
151.9

116.1
131.6
141.6
155.6

116.6
133.5
142.7
156.0

117.1
133.9
143.6
157.2

118.6
134.3
144.9
158.5

120.5
134.2
145.0
160.7

121.8
135.2
146.3
163.4

123.7
136.4
146.4
163.5

125.0
137.4
145.2
163.3

126.9
136.9
145.5
165.3

117.1
127.4
139.1
150.6

116.6
133.0
142.6
156.3

120.3
134.6
145.4
160.8

125.2
136.9
145.4
164.1

119.8
133.0
143.1
157.9




INDEXES,

YR

JAN

FEB

INTERMEDIATE

MAE

SEASONALLY

ADJUSTED,

1977=100

APR

MAY

JUNE

JULY

AUG

SEPT

CCI

NOV

DEC

01

02

Q3

Q4

ANN.
AVG.

PBCDUC7IS

39
40

16.4
19.2

16.5
18.6

16.5
18.5

16.6
18.6

16.6
19.3

17.0
19.9

17.3
19.7

17.8
19.8

18.7
20.2

19.8
20.3

19.9
20.5

19.9
21.1

16.5
18.8

16.7
19.3

17.9
19.9

19.9
20.6

17.8
19.7

41
42
43
44
45

21.6
24.6
24.4
26.6
27.5

21.9
24.6
24.7
26.4
27.5

22.5
24.4
24.7
26.6
27.5

23.0
24.3
25.0
26.6
27.4

23.5
23.8
25.1
26.3
27.5

23.9
23.1
25.0
26.4
27.3

24.4
23.2
25.4
26.5
27.5

24.4
23.4
25.9
26.8
26.0

24.4
23.6
26.3
26.8
24.4

24.3
24.4
26.3
27.1
23.6

24.4
24.3
26.5
27.2
24.4

24.2
24.2
26.7
27.4
24.2

22.0
24.5
24.6
26.5
27.5

23.5
23.7
25.0
26.4
27.4

24.4
23.4
25.9
26.7
26.0

24.3
24.3
26.5
27.3
24.1

23.6
24.0
25.5
26.7
26.3

46
47
48
49
50

24.0
29.0
31.7
30.6
31.0

23.6
29.5
31.5
29.9
32.0

26.3
29.6
31.5
29.8
32.5

26.3
29.8
31.2
29.5
33.8

25.1
30.0
31.5
29.5
34.1

26.4
29.7
31.2
29.4
34.9

26.7
29.5
31.9
29.3
35.7

27.2
29.6
31.9
29.5
36.4

27.9
29.9
31.5
30.2
36.4

28.0
30.0
32.1
30.0
36.8

28.0
30.6
31.5
30.3
36.8

28.4
30.9
31.5
31.1
37.1

24.6
29.4
31.5
30.1
31.8

25.9
29.8
31.3
29.5
34.3

27.3
29.6
31.7
29.7
36.2

28.1
30.5
31.7
30.5
36.9

26.5
29.9
31.6
29.9
34.8

51
52
53
54
55

37.3
35.5
38.1
37.8
41.4

37.1
36.1
39.1
38.0
42.1

37.4
35.8
39.3
38.0
43.2

37.8
35.3
39.3
38.1
43.3

37.5
35.1
39.3
38.2
43.6

37.2
35.4
39.4
37.9
44.3

36.4
35.2
39.4
37.8
44.3

36.0
36.4
39.1
37.7
44.1

35.9
37.2
38.6
39.1
44.7

35.4
37.5
38.5
40.0
44.9

35.2
38.0
38.2
40.5
45.4

35.3
38.1
37.5
41.0
45.4

37.3
35.8
38.8
37.9
42.2

37.5
35.3
39.3
38.1
43.7

36.1
36.2
39.0
38.2
44.4

35.3
37.9
38.1
40.5
45.2

36.5
36.3
38.8
38.7
43.9

56
57
58
59
60

46.0
46.2
44.0
48.0
51.3

46.0
47.0
43.2
48.9
51.1

46.2
46.4
43.2
49.6
50.3

46.3

45.8

45.4

45.5

46.0

46.4

46.1
43.4

44.8

44.4

50.7
50.6

50.8
49.9

46.0
45.7
48.5
49.3

45.4

44.5

46.2
45.8
46.0
48.4
48.9

46.2

46.0

44.4
46.3
44.3
50.1
50.1

46.3
46.4
49.2

47.4
49.2
48.9

47.0
51.3
48.1

46.1
46.6
43.5
48.8
50.9

45.8
46.1
43.6
50.6
50.4

45.4
46.0
45.4
49.0
49.5

46.2
44.9
46.9
49.6
48.7

45.9
45.9
44.9
49.6
49.9

61
62
63
64
65

48.2
51.8
54.4
58.9
62.3

48.3
53.4
54.8
59.7
63.2

49.1
53.7
54.8
60.0
63.8

49.8
53.3
56.6
60.6
63.4

50.0
53.9
57.5
61.0
64.0

50.7
53.9
57.3
60.9
64.2

51.5
53.7
57.3
61.4
65.0

51.8
54.4
57.5
61.0
65.1

51.9
54.9
57.7
60.8
64.8

52.6
54.5
58.3
61.0
65.6

52.5
54.8
59.0
61.9
66.3

52.9
54.8
58.4
61.8
67.5

48.5
53.0
54.6
59.5
63.1

50.2
53.7
57.1
60.8
63.8

51.7
54.4
57.5
61.1
65.0

52.7
54.7
58.6
61.6
66.5

50.9
54.0
57.0
60.7
64.6

66
67
68
69
70

67.5
70.6
73.4
78.7
78.4

67.6
70.0
74.0
78.9
78.0

68.5
70.1
74.2
80.4
78.5

68.2
70.3
74.7
79.4
78.7

68.9
70.3
75.2
79.6
78.6

68.9
70.7
75.4
80.1
78.4

69.6
71.0
75.4
79.6
79.0

68.5
72.3
76.0
79.7
78.5

68.7
72.7
75.9
79.6
78.7

68.8
72.8
76.1
79.8
78.1

68.9
73.1
77.3
79.4
77.8

68.9
73.0
78.3
79.7
78.2

67.9
70.2
73.9
79.3
78.3

68.7
70.4
75.1
79.7
78.6

68.9
72.0
75.7
79.6
78.7

68.9
73.0
77.2
79.6
78.0

68.6
71.4
75.5
79.6
78.4

71
72
73
74
75

78.4
86.1
93.8
94.1
83.5

79.1
87.1
95.6
93.9
82.8

78.6
87.9
95.2
94.2
81.2

79.3
88.5
95.2
94.5
81.3

79.6
89.0
95.7
94.4
81.2

79.8
89.6
96.3
94.9
82.4

81.2
89.9
97.2
93.2
83.0

80.1
91.1
96.6
92.9
84.7

82.2
91.7
96.7
92.7
84.7

83.0
93.1
9f.7
90.8
85.4

83.6
93.9
96.8
89.3
86.7

84.4
94.0
96.1
86.2
86.4

78.7
87.0
94.9
94.1
82.5

79.6
89.0
95.7
94.6
81.6

81.2
90.9
96.8
93.0
84.1

83.6
93.7
96.5
88.8
86.2

80.8
90.2
96.0
92.6
83.6

76
77
78
79
80

88.2
95.8
103.8
110.2
110.6

89.9
96.0
103.7
111.2
110.5

89.6
97.2
104.6
111.0
110.7

89.8
98.4
105.6
110.7
105.1

91.3
99.6
105.9
110.8
102.9

91.2
100.7
107.4
110.7
102.8

92.7
100.7
107.4
110.5
102.5

92.6
101.6
107.0
110.2
106.0

94.2
101.4
108.1
110.3
107.3

94.6
102.4
108.9
111.2
107.2

95.3
102.2
109.2
111.2
108.5

95.5
103.6
110.9
111.7
109.0

89.2
96.3
104.0
110.8
110.6

90.8
99.6
106.3
110.7
103.6

93.2
101.2
107.5
110.3
105.3

95.1
102.8
109.7
111.3
108.2

92.1
100.0
106.9
110.8
106.9

81
82
83
84

109.3
102.0
103.6
120.9

108.3
104.0
104.3
121.9

108.7
102.5
105.6
122.8

107.9
101.4
107.3
123.0

109.0
101.6
108.4
124.2

108.5
101.1
110.0
125.4

109.4
101.2
112.2
127.0

108.5
101.7
113.7
126.9

106.3
101.7
115.9
125.6

104.8
101.1
117.3
126.2

104.1
101.2
117.2
127.2

102.8
100.6
117.6
127.3

108.8
102.8
104.5
121.9

108.5
101.4
108.6
124.2

108.1
101.5
113.9
126.5

103.9
101.0
117.4
126.9

107.3
101.7
111.2
124.9




42.8
50.4
50.7

46.0

INDEXES, SEASONALLY

YR

JAN

FEB

MAR

ADJUSTED,

1977=100

APR

MAY

JUNE

JULY

AUG

SEPT

CCT

Nov

DEC

QI

02

Q3

Q4

ANN.
AVG.

CONSTRUCTION SUPPLIES
47
48
49
50

34.1
38.7
36.8
36.6

35.2
38.3
36.0
38.0

35.5
38.4
35.5
38.9

35.9
38.2
35.0
41.0

36.3
38.5
34.6
41.4

36.4
38.0
34.5
42.8

35.5
39.1
34.1
43.9

36.0
38.9
34.5
44.8

36.3
38.4
35.5
44.9

3k.2
39.3
34.4
45.3

36.9
38.1
35.5
45.3

37.0
37.8
37.1
45.4

34.9
38.5
36.1
37.9

36.2
38.2
34.7
41.7

35.9
38.8
34.7
44.5

36.7
38.4
35.7
45.3

35.9
38.5
35.3
42.4

51
52
53
54
55

45.8
43.3
47.3
45.7
50.0

45.3
43.6
48.0
45.8
50.7

45.5
43.4
48.2
45.5
52.4

45.3
42.6
48.3
45.5
52.8

45.0
42.0
47.3
46.0
53.0

44.7
41.8
47.0
45.0
53.9

43.6
41.7
47.6
44.9
54.0

43.4
44.5
47.5
44.6
54.0

43.4
45.0
46.6
46.9
54.3

43.0
45.6
46.7
54.3

42.6
46.4
45.9
48.9
54.9

42.7
46.6
44.8
49.3
55.3

45.6
43.4
47.8
45.6
51.0

45.0
42.1
47.6
45.5
53.2

43.5
43.7
47.2
45.5
54.1

42.8
46.2
45.8
48.9
54.8

44.2
43.8
47.1
46.4
53.3

56
57
58
59
60

56.2
54.8
51.0
56.7
61.0

56.0
56.4
49.4
58.2
60.3

55.8
55.5
49.1
59.7
58.5

55.6
54.3
48.5
61.4
58.5

54.8
54.0
50.1
61.9
57.9

54.2
54.4
52.1
61.7
56.8

51.4
54.6
51.8
59.2
57.4

54.0
54.1
54.1
55.5
56.0

55.4
53.8
54.2
54.9
55.5

5f.0
53.1
54.2
55.1

54.6
52.5
56.3
56.9

55.6

54.9

55.6
51.7
55.6
61.4
54.2

56.0
55.6
49.8
58.2
59.9

54.9
54.3
50.2
61.7
57.7

53.6
54.2
53.4
56.5
56.3

55.0
52.4
55.3
57.8
54.9

54.9
54.1
52.2
58.5
57.2

61
62
63
64
65

53.7
57.4
60.8
65.6
69.2

53.7
60.8
61.0
67.3
71.0

54.9
61.5
61.7
67.5
71.5

56.3
60.7
63.8
67.8
70.5

56.5
60.6
65.2
68.1
71.2

57.7
61.1
64.9
67.6
71.3

58.6
60.8
64.7
68.9
73.3

59.3
61.9
64.9
68.2
72.6

59.8
62.6
64.4
67.7
71.9

6C.3
61.6
65.4
67.9
73.0

59.8
61.9
66.1
69.5
74.0

60.3
62.4
65.2
68.6
75.6

54.1
59.9
61.2
66.8
70.5

56.8
60.8
64.6
67.8
71.0

59.2
61.8
64.7
68.3
72.6

60.1
61.9
65.6
68.7
74.2

57.7
61.2
64.0
67.9
72.1

66
67
68
69
70

75.5
76.1
79.2
84.7
80.8

74.8
75.3
80.0
85.5
80.5

76.3
75.5
80.2
85.9
81.2

76.3
75.2
80.6

76.7
76.4
81.0

85.0

84.5

82.1

82.1

75.6
76.9
81.0
84.9
81.8

76.3
77.2
81.0
84.2
82.7

74.0
78.0
81.5
84.1
82.4

74.0
78.7
80.8
84.1
82.2

74.1
78.3
80.8
84.4
81.4

74.2
78.8
82.7
83.9
80.4

74.0
78.7
84.2
83.4
81.3

75.5
75.6
79.8
85.4
80.9

76.2
76.2
80.9
84.8
82.0

74.8
78.0
81.1
84.1
82.4

74.1
78.6
82.5
83.9
81.0

75.1
77.1
81.1
84.6
81.6

71
72
73
74
75

81.3
91.2
100.0
100.0
82.6

81.9
91.7
103.5
99.4
82.1

81.5
92.5
102.3
99.5
80.3

82.3
93.8
101.6
100.0
80.4

82.7
94.3
102.1
99.8
79.8

83.6
94.9
102.3
99.0
80.4

84.4
95.4
102.2
96.4
81.0

82.9
96.5
102.4
95.4
83.1

86.0
97.7
102.7
94.4
84.0

87.2
98.9
10.7
91.6
84.6

87.4
100.3
103.1
89.1
84.7

88.9
99.6
102.4
84.8
84.5

81.6
91.8
101.9
99.6
81.7

62.9
94.3
102.0
99.6

80.2

84.4
96.5
102.4
95.4
82.7

87.8
99.6
102.7
88.5
84.6

84.2
95.6
102.3
95.8
82.3

76
77
78
79
80

87.5
94.4
104.2
110.7
108.1

89.8
94.6
103.9
110.1
108.2

89.3
96.5
104.1
109.7
106.8

89.8
98.1
105.4
107.7
98.1

91.1
99.7
105.6
107.9
94.6

91.4
100.6
107.1
107.9
93.8

92.8
101.1
106.9
108.4
92.8

93.6
102.0
107.0
107.5
98.6

93.9
102.1
108.2
108.2
100.6

94.5
102.7
108.6
10E.5
100.7

95.4

102.5
109.6
108.5
102.8

94.4
104.9
111.8
109.4
103.3

88.9
95.2
104.1
110.2
107.7

90.7
99.5
106.0
107.9
95.5

93.4
101.7
107.4
108.0
97.3

94.8
103.4
110.0
108.8
102.3

92.0
100.0
106.9
108.7
100.6

81
82
83
84

104.7
88.5
92.7
111.2

103.0
91.2
93.5
112.4

103.2
88.7
94.5
113.9

101.7
87.3
96.1
113.7

101.5
88.1
97.7
113.1

99.7
88.2
99.3
114.3

99.1
88.1
102.2
114.3

99.5
89.4
103.6
115.3

96.3
88.5
105.4
114.7

94.0
87.1
107.1
114.6

91.7
87.9
107.2
115.7

89.3
86.3
106.7
114.7

103.6
89.5
93.6
112.5

101.0
87.9
S7.7
113.7

98.3
88.7
103.7
114.8

91.7
87.1
107.0
115.0

98.6
88.3
100.6
114.0




4E.4

INDEXES,

YR

FEB

JAN

BABE

SEASONALLY

APR

ADJUSTED,

NAY

1977=100

JUNE

JULY

AUG

SEPT

CCT

NOV

DEC

Q01

02

Q3

04

ANN.
AVG.

SATERIALS

39
40

14.1
18.4

14.3
17.4

14.3
16.7

13.8
17.2

13.8
18.0

14.4
19.0

15.1
19.5

15.2
19.6

17.0
19.9

18.6
2C.1

18.9
20.5

18.9
21.2

14.2
17.5

14.0
18.1

15.7
19.6

18.8
20.6

15.7
19.0

41
42
43
44
45

21.5
25.4
30.3
34.7
33.5

22.1
25.8
31.1
35.0
33.8

22.9
26.0
31.5
34.8
33.9

22.4
26.7
31.7
34.7
33.3

23.8
26.7
31.7
34.2
32.5

24.1
26.7
30.9
33.7
31.6

24.4
27.2
32.1
33.2
30.4

24.6
28.0
32.7
33.6
27.6

24.6
28.3
33.5
33.5
25.5

24.7
29.1
34.1
33.6
24.1

24.9
29.6
34.4
33.7
25.8

25.4
29.9
34.4
33.9
26.1

22.1
25.8
31.0
34.8
33.7

23.4
26.7
31.4
34.2
32.5

24.5
27.8
32.8
33.4
27.9

25.0
29.5
34.3
33.7
25.4

23.7
27.4
32.3
34.0
29.9

46
47
48
49
50

22.9
28.3
29.3
29.4
28.3

20.1
28.5
29.4
29.3
27.8

25.3
29.4
29.2
28.1
29.7

23.6
28.7
28.9
27.7
31.0

21.9
28.8
30.4
26.9
31.8

24.9
28.6
30.5
26.5
33.1

26.4
28.3
30.7
26.4
34.0

27.4
28.2
30.3
26.9
35.0

27.5
28.6
30.4
27.3
35.4

28.2
28.8
3C.4
24.5
36.8

28.1
29.5
30.2
26.8
35.4

28.3
29.2
30.0
28.1
36.0

22.8
28.7
29.3
28.9
28.6

23.5
28.7
30.0
27.1
32.0

27.1
28.4
30.5
26.9
34.8

28.2
29.2
30.2
26.5
35.7

25.4
28.8
30.0
27.3
32.7

51
52
53
54
55

35.6
36.7
39.8
37.2
40.9

35.8
36.4
40.8
37.1
41.9

36.5
36.4
41.3
36.8
43.0

36.8
35.7
41.6
36.7

37.1
35.2
42.4
37.2

37.3
33.2
42.5
37.6

43.8

44.7

44.8

36.6
32.5
43.0
37.8
45.3

36.0
36.6
41.9
37.6
45.3

36.2
39.0
40.8
37.3
45.8

35.7
3E.8
39.5
38.1
46.3

35.8
39.9
38.5
38.8
46.1

35.9
40.0
37.6
39.5
46.4

36.0
36.5
40.6
37.0
41.9

37.0
34.7
42.2
37.2
44.4

36.2
36.0
41.9
37.6
45.5

35.8
39.6
38.6
38.8
46.3

36.2
36.7
40.8
37.7
44.6

56
57
58
59
60

46.6
46.6
40.9
45.8
51.6

45.7
46.9
39.5
47.2
51.0

45.6
46.7
38.5
48.5
50.1

45.9
46.1

45.1

44.4

45.9
38.0
51.1
48.5

46.1

37.6
49.8
49.0

39.7
50.7
47.7

40.9
46.4
40.7
47.7
47.8

44.6
46.5
41.9
44.1
47.6

47.0
45.9
42.9
44.1
46.8

47.7
45.2
43.7
43.6
4f.6

46.7
43.6
44.9
45.3
45.4

47.5
42.1
45.0
50.2
44.2

46.0
46.8
39.7
47.2
50.9

45.1
46.0
38.4
50.5
48.4

44.2
46.3
41.8
45.3
47.4

47.3
43.6
44.5
46.4
45.4

45.7
45.7
41.1
47.4
48.1

61
62
63
64
65

44.6
51.7
53.0
57.4
64.4

44.2
52.5
53.8
58.3
64.6

44.6
52.6
54.6
58.3
65.6

46.0
52.5
55.1
59.0
66.3

47.3
51.8
56.4
59.5
66.6

48.1
51.6
56.6
59.9
67.4

48.7
52.1
56.0
60.0
68.0

49.7
52.2
55.5
61.2
68.7

49.8
52.6
56.7
62.2
68.1

50.7
52.6
57.0
61.0
68.8

51.4
53.1
57.3
62.9
68.5

52.1
52.8
57.0
63.7
69.3

44.5
52.3
53.8
58.0
64.9

47.1
52.0
56.0
59.5
66.8

49.4
52.3
56.1
61.1
68.2

51.4
52.9
57.1
62.5
68.9

48.1
52.4
55.8
60.3
67.2

66
67
68
69
70

70.3
73.9
75.5
79.8
80.4

71.0
72.5
75.5
80.7
80.0

72.3
71.1
75.8
81.0
79.8

72.2
71.8
76.4
81.3
79.2

73.0
71.0
77.5
81.1
79.0

73.4
70.9
77.9
82.2
78.6

73.6
70.8
77.9
82.2
79.0

74.2
72.9
77.3
83.0
80.0

75.0
72.5
77.7
83.3
79.4

75.3
73.4
77.8
83.2
73.3

74.2
74.2
79.0
82.8
76.9

74.2
75.2
79.4
82.3
78.6

71.2
72.5
75.6
80.5
80.1

72.9
71.2
77.3
81.5
78.9

74.3
72.1
77.6
82.8
79.5

74.5
74.3
78.7
82.8
77.6

73.2
72.5
77.3
81.9
79.0

71
72
73
74
75

79.7
84.7
93.9
96.6
84.5

79.2
85.0
95.0
96.0
81.9

79.4
85.8
94.9
95.8
79.9

79.9
87.2
95.6
94.9
80.4

80.8
87.3
96.0
96.5
79.7

81.2
87.3
96.9
96.5
81.0

79.2
87.4
97.9
96.3
81.1

78.8
88.7
98.1
95.8
83.6

80.3
89.9
97.9
96.1
85.2

8C.5
91.3
98.7
95.5
84.1

80.7
92.6
98.8
91.1
87.0

82.3
93.7
98.0
86.3
88.1

79.4
85.1
94.6
96.1
82.1

80.6
87.3
96.2
96.0
80.4

79.4
88.7
98.0
96.1
83.3

81.2
92.5
98.5
90.9
87.1

80.2
88.4
96.8
94.8
83.2

76
77
78
79
80

89.2
95.9
100.9
109.6
111.0

90.6
97.0
100.0
110.6
110.2

90.9
98.5
101.0
111.0
110.0

91.6
99.4
104.9
110.1
107.3

92.6
100.1
105.5
110.4
103.1

93.1
100.7
106.1
110.8
100.7

93.3
100.9
107.2
110.4
99.2

94.0
100.5
107.3
110.1
100.6

94.5
101.4
107.7
109.7
102.5

94.5
102.1
109.2
110.4
103.6

95.4
102.4
110.1
110.3
107.3

96.1
101.0
111.1
110.3
108.4

90.2
97.1
100.6
110.4
110.4

92.5
100.1
105.5
110.4
103.7

93.9
100.9
107.4
110.1
100.8

95.3
101.8
110.2
110.3
106.4

93.0
100.0
105.9
110.3
105.3

81
82
83
84

108.0
100.4
95.8
112.4

108.4
102.0
96.8
113.3

108.8
100.3
98.0
114.1

106.6
98.7
99.2
114.4

106.9
97.1'
100.5
114.7

108.5
96.4
101.0
115.2

110.8
95.7
103.5
115.8

110.4
95.5
105.0
116.1

109.0
94.4
107.3
115.9

107.3
93.5
108.4
114.2

105.2
93.2
108.9
114.6

102.7
92.6
109.4
114.6

108.4
100.9
96.9
113.3

107.4
97.4
100.2
114.8

110.1
95.2
105.3
116.0

105.1
93.1
108.9
114.5

107.7
96.7
102.8
114.6




INDEXES,

YR

FEB

JAN

MAR

SEASONALLY ADJUSTED,

APR

MAY

1977=100

ANN.

JUNE

JULY

AUG

SEPT

OCT

NOV

DEC

01

92

Q3

Q4

AVG.

MANUFACIUEING

19
20

10.6
12.4

10.4
12.4

10.0
12.2

10.2
11.4

10.2
11.8

10.9
11.8

11.5
11.4

11.8
11.4

11.3
11.2

11.1
10.6

11.5
9.4

11.3
8.8

10.3
12.3

10.4
11.7

11.5
11.3

11.3
9.6

10.9
11.2

21
22
23
24
25

8.3
9.4
12.7
12.8
13.4

8.3
9.6
12.8
13.1
13.5

8.1
10.1
13.3
12.9
13.6

8.1
10.5
13.5
12.6
13.6

8.4
11.1
13.8
11.9
13.4

8.3
11.6
13.6
11.3
13.4

8.3
11.7
13.4
11.2
13.7

8.7
11.2
13.1
11.6
13.4

8.8
11.6
13.0
12.0
13.5

9.2
12.1
12.8
12.3
14.1

9.3
12.5
12.8
12.6
14.4

9.2
12.9
12.6
13.1
14.8

8.3
9.7
12.9
12.9
13.5

8.3
11.0
13.6
11.9
13.5

8.6
11.5
13.1
11.6
13.5

9.2
12.5
12.7
12.7
14.4

8.5
11.1
13.0
12.2
13.6

26
27
28
29
30

14.4
14.4
14.3
16.5
15.2

14.3
14.5
14.5
16.4
15.1

14.3
14.6
14.6
16.6
14.6

14.3
14.6
14.5
16.8
14.8

14.2
14.6
14.7
17.2
14.6

14.3
14.6
14.9
17.4
14.2

14.3
14.5
15.1
17.6
13.5

14.5
14.4
15.4
17.4
13.0

14.8
14.2
15.5
17.1
12.9

14.7
13.9
15.8
16.9
12.4

14.6
13.9
16.1
16.0
12.1

14.5
14.1
16.4
15.1
11.8

14.3
14.5
14.5
16.5
15.0

14.3
14.6
14.7
17.1
14.5

14.5
14.3
15.3
17.4
13.1

14.6
14.0
16.1
16.0
12.1

14.4
14.3
15.0
16.7
13.7

31
32
33
34
35

11.8
9.7
8.6
10.7
12.7

11.9
9.4
8.3
11.3
12.9

12.2
9.1
7.8
11.8
12.7

12.2
8.6
8.7
12.0
12.6

12.1
8.3
10.2
12.2
12.6

11.6
8.1
11.8
11.9
12.5

11.4
7.8
13.1
10.9
12.9

11.1
8.0
12.3
10.9
13.4

10.6
8.6
11.7
10.3
13.7

10.1

11.0
10.7
14.1

9.9
8.8
10.3
10.8
14.4

9.8
8.7
10.4
11.6
14.6

12.0
9.4
8.2
11.3
12.8

11.9
8.3
10.2
12.0
12.6

11.0
8.1
12.3
10.7
13.3

9.9
8.8
10.6
11.0
14.4

11.2
8.6
10.3
11.2
13.2

36
37
38
39
40

14.3
17.9
12.5
14.6
17.8

13.9
18.2
12.4
14.7
17.3

14.2
18.3
12.5
14.7
16.9

15.1
18.6
12.1
14.5
17.1

15.4
18.7
12.1
14.5
17.8

15.8
18.3
12.1
14.8
18.6

16.1
18.4
12.8
15.3
18.8

16.3
18.2
13.6
15.7
19.1

16.6
17.6
14.1
16.6
19.4

16.9
18E.1
14.5
17.6
19.7

17.3
14.2
15.2
17.9
20.1

17.9
12.7
15.3
18.1
20.8

14.1
18.1
12.5
14.6
17.3

15.4
18.5
12. 1
14.6
17.8

16.3
18.1
13.5
15.9
19.1

17.4
14.3
15.0
17.8
20.2

15.7
17.1
13.2
15.8
18.6

41
42
43
44
45

21.2
25.7
31.9
37.3
36.7

21.9
26.3
32.6
37.5
36.5

22.5
26.7
32.9
37.5
36.1

23.1
25.9
33.3
37.4
35.3

23.9
26.0
33.5
37.2
34.2

24.2
26.2
33.6
37.1
33.3

24.4
27.0
34.4
37.1
32.5

24.6
27.9
35.1
37.6
28.5

24.5
28.8
36.0
37.4
25.4

24.8
29.8
36.8
37.5
24.4

24.8
30.7
37.3
37.2
25.0

25.2
31.5
36.7
37.2
25.3

21.9
26.3
32.5
37.4
36.4

23.7
26.1
33.5
37.2
34.3

24.5
27.9
35.2
37.4
28.8

24.9
30.7
37.0
37.3
24.9

23.8
27.7
34.5
37.3
31.2

46
47
48
49
50

23.6
28.6
29.8
29.2
29.3

22.1
28.7
29.8
28.9
29.5

24.9
28.8
29.8
28.7
30.0

24.9
28.9
29.7
28.1
31.3

23.8
28.7
30.0
27.8
32.1

25.1
28.7
30.3
27.9
33.0

25.9
28.5
30.4
28.0
34.1

27.1
28.7
30.3
28.3
35.4

27.7
28.8
30.0
28.8
35.0

2E.3
29.2
30.2
27.7
35.3

28.6
29.6
29.8
27.9
35.2

28.7
29.7
29.6
28.7
35.8

23.5
28.7
29.8
28.9
29.6

24.6
28.7
30.0
27.9
32.1

26.9
28.6
30.2
28.4
34.8

28.5
29.5
29.9
28.1
35.4

25.9
28.9
30.0
28.3
33.0

51
52
53
54
55

36.0
35.9
40.3
37.6
40.0

36.1
36.1
40.7
37.5
40.5

36.3
36.3
40.9
37.3
41.4

36.3
35.9
41.1
37.0
42.0

36.1
35.9
41.3
37.3
42.8

35.9
35.5
41.0
37.5
42.8

35.3
34.7
41.3
37.4
43.0

34.9
37.2
41.2
37.2
43.0

35.1
38.4
40.3
37.5
43.2

34.9
39.0
39.9
37.9
43.8

35.3
39.8
38.9
38.5
43.9

35.5
40.1
37.9
39.1
44.5

36.1
36.1
40.6
37.5
40.7

36.1
35.8
41.1
37.3
42.5

35.1
36.8
40.9
37.4
43.1

35.3
39.7
38.9
38.5
44.1

35.6
37.1
40.4
37.8
42.6

56
57
58
59
60

44.3
45.4
41.4
45.3
50.1

44.0
46.0
40.4
46.2
49.7

44.0
45.8
40.0
46.9
49.1

44.6
45.2
39.3
47.9
48.7

44.0
44.9
39.8
48.5
48.4

43.7
45.3
41.0
48.6
47.9

41.9
45.3
41.3
47.7
47.8

43.9
45.3
42.2
45.8
47.5

44.6
44.9
42.6
45.7
47.0

45.0
45.3
47.0

44.9
43.2
44.4
45.7
46.1

45.5
42.3
44.5
48.8
45.3

44.1
45.7
40.6
46.1
49.6

44.1
45.1
40.0
48.3
48.3

43.5
45.2
42.0
46.4
47.5

45.2
43.2
43.9
46.6
46.1

44.4
44.9
41.7
47.0
48.0

61
62
63
64
65

45.4
50.7
53.6
57.4
63.0

45.2
51.6
54.0
57.7
63.4

45.5
52.0
54.4
57.7
64.2

46.5
52.1
55.1
58.8
64.5

47.3
52.0
55.6
59.0
65.0

48.0
51.9
55.8
59.1
65.4

48.6
52.4
55.5
59.6
66.4

49.3
52.5
55.8
60.0
66.5

48.9
52.9
56.2
60.3
66.7

49.9
52.8
56.7
59.4
67.2

50.8
53.2
56.9
61.2
67.5

51.4
53.3
56.9
62.3
68.5

45.3
51.5
54.0
57.6
63.5

47.3
52.0
55.5
58.9
65.0

48.9
52.6
55.9
59.9
66.5

50.7
53.1
56.8
60.9
67.7

48.1
52.4
55.5
59.3
65.7

66
67
68
69
70

69.2
73.4
75.6
79.5
78.3

69.7
72.5
76.0
80.2
78.3

70.6
72.2
76.1
80.8
78. 1

71.0
72.6
76.1
80.5
77.8

71.5
72.1
77.1
80.1
77.6

71.8
72.0
77.3
80.6
77.4

72.1
71.7
77.0
81.2
77.6

72.3
73.1
77.4
81.3
77.1

72.9
73.1
77.5
81.2
76.5

73.6
73.7
77.9
81.3
74.8

72.8
75.0
79.1
80.4
74.3

73.1
75.8
79.1
80.0
76.3

69.8
72.7
75.9
80.2
78.2

71.4
72.3
76.8
80.4
77.6

72.4
72.6
77.3
81.2
77.1

73.2
74.8
78.7
80.6
75.1

71.7
73.1
77.2
80.6
77.0

71
72
73
74
75

76.9
82.8
91.3
93.1
83.6

76.9
83.4
92.6
92.7
81.9

76.8
84.1
92.8
93.1
80.1

77.2
85.5
93.1
92.8
81.0

77.7
85.3
93.4
93.9
80.8

77.9
85.6
94.1
94.2
82.0

78.0
85.6
94.6
93.7
82.8

77.1
86.8
94.7
93.7
84.2

78.7
87.6
95.2
93.8
85.2

7S.8
89.0
95.8
93.0
85.8

80.1
90.1
96.0
90.5
86.5

80.9
91.1
94.2
86.1
87.4

76.9
83.4
92.3
93.0
81.9

77.6
85.5
93.5
93.6
81.2

77.9
86.6
94.8
93.8
84.1

80.3
90.1
95.3
89.9
86.6

78.2
86.4
94.0
92.6
83.4

76
77
78
79
80

88.4
96.0
102.4
111.1
111.4

90.4
97.0
102.3
111.7
111.5

90.0
97.7
103.4
112.1
111.1

90.3
98.8
105.8
110.3
108.6

91.5
99.6
106.1
112.1
105.6

91.4
100.2
107.3
112.0
104.0

92.2
100.6
108.0
111.8
104.1

92.6
101.6
108.6
111.2
105.8

92.9
101.5
109.3
111.2
107.5

93.3
101.8
109.8
111.7
108.4

94.6
102.1
110.6
111.1
110.2

95.5
103.0
111.7
111.2
110.4

89.6
96.9
102.7
111.6
111.3

91.0
99.6
106.4
111.5
106.1

92.6
101.2
108.6
111.4
105.8

94.5
102.3
110.7
111.3
109.7

91.9
100.0
107.1
111.5
108.2

81
82
83
84

110.6
103.4
102.4
119.6

110.7
105.1
103.5
121.0

111.1
104.3
104.9
122.0

111.2
103.0
106.3
122.8

111.7
102.5
107.9
123.2

111.7
102.2
109.0
124.1

112.9
102.2
111.2
125.4

112.3
101.8
113.1
125.9

110.8
101.2
115.2
125.6

109.4
100.1
115.9
125.5

107.6
100.1
116.2
126.0

105.8
100.0
116.8
125.8

110.8
104.3
103.6
120.9

111.6
102.6
107.7
123.4

112.0
101.8
113.2
125.6

107.6
100.1
116.3
125.8

110.5
102.2
110.2
123.9




10

8.8

44.1
42.8

INDEXES, SEASONALLY ADJUSTED,

YR

JAN

FEE

MAR

APR

MAY

1977=100

JUNE

JULY

AUG

SEPT

CCT

NOV

DEC

01

02

Q3

04

ANN.
AVG.

DURABLE MANUFACTURING
19
20

11.7
12.9

11.5
13.1

10.9
12.9

10.4
11.5

9.5
12.2

10.8
12.9

11.7
12.6

12.4
13.0

11.0
12.8

10.5
12.2

11.1
10.9

11.0
10.2

11.4
13.0

10.2
12.2

11.7
12.8

10.8
11.1

11.0
12.2

21
22
23
24
25

8.5
7.6
12.9
13.5
13.9

8.0
8.2
13.0
14.0
13.9

7.0
9.1
13.6
13.7
13.9

6.6
10.2

6.8
10.9

14.0

14.4

13.2
13.9

12.1
13.6

6.3
11.5
14.2
11.3
13.7

6.0
11.7
14.1
11.0
13.9

6.6
10.4
13.7
11.6
13.3

6.6
10.9
13.7
11.9
13.9

7.4
11.9
13.6
12.2
14.9

7.5
12.3
13.6
12.5
15.4

7.2
12.9
13.4
13.1
15.7

7.8
8.3
13.2
13.7
13.9

6.6
10.9
14.2
12.2
13.7

6.4
11.0
13.9
11.5
13.7

7.4
12.4
13.5
12.6
15.3

7.0
10.6
13.6
12.4
14.0

26
27
28
29
30

15.0
14.4
14.3
17.3
15.0

15.0
14.6
14.5
17.0
15.0

14.9
14.8
14.6
17.5
14.8

14.9
14.5
14.6
17.6
14.5

14.9
14.6
14.7
18.0
14.2

15.1
14.2
15.0
18.5
13.6

15.1
14.0
15.4
18.7
12.6

15.1
14.0
15.8
18.5
12.0

15.3
13.7
15.9
17.8
11.7

15.1
13.3
16.3
17.4
11.1

14.9
13.2
16.7
16.1
10.5

14.6
13.7
17.2
14.6
10.2

15.0
14.6
14.5
17.2
14.9

15.0
14.5
14.8
18.0
14.1

15.2
13.9
15.7
18.3
12.1

14.9
13.4
16.7
16.0
10.6

14.9
14.0
15.3
17.3
12.9

31
32
33
34
35

10.1
6.8
5.0
7.8
10.1

10.2
6.3
4.9
8.6
10.6

10.4
5.9
4.3
9.3
10.4

10.2
5.7
5.1
9.6
10.3

9.9
5.5
6.3
10.1
10.1

9.2
5.2
8.2
10.0
9.9

8.8
4.8
9.9
8.2
10.4

8.2
4.6
9.6
7.9
11.3

7.6
4.9
9.0
7.6
11.7

7.2
5.0
8.4
7.5
12.1

7.2
5.2
7.2
7.5
12.4

7.0
5.2
7.4
8.6
12.7

10.2
6.3
4.7
8.6
10.4

9.8
5.5
6.5
9.9
10.1

8.2
4.7
9.5
7.9
11.1

7.1
5.1
7.7
7.8
12.4

8.8
5.4
7.0
8.6
10.9

36
37
38
39
40

12.3
16.6
9.8
12.0
16.8

11.9
16.9
9.6
12.2
16.0

12.2
17.1
9.4
12.1
15.6

13.3
17.4
9.2
11.9
15.8

14.1
17.6
9.0
11.8
16.8

14.5
17.1
8.8
12.4
18.0

14.9
17.7
9.4
12.9
18.5

14.9
17.8
10.2
13.6
19.0

15.3
17.0
11.0
14.7
19.7

15.6
15.1
11.8
15.9
19.9

15.9
12.6
12.7
16.8
20.2

16.6
10.5
12.8
17.1
20.9

12.1
16.9
9.6
12.1
16.1

14.0
17.4
9.0
12.1
16.9

15.0
17.5
10.2
13.7
19.1

16.0
12.7
12.4
16.6
20.3

14.2
16.0
10.3
13.6
18.1

41
42
43
44
45

21.3
26.8
38.0
46.6
44.5

22.2
28.2
39.0
47.0
44.3

22.8
28.8
39.5
46.7
43.5

23.4
27.5
40.1
46.5
42.1

24.2
28.2
40.2
46.1
40.0

24.5
28.9
40.3
45.9
38.1

24.8
30.0
41.3
45.9
36.8

25.1
31.4
42.5
46.3
30.6

25.2
32.7
44.0
46.2
24.7

25.3
34.2
4E.4
40.2
23.1

25.4
35.8
46.6
45.6
24.2

26.1
37.1
45.7
45.4
24.8

22.1
27.9
38.8
46.8
44.1

24.0
28.2
40.2
46.2
40.1

25.0
31.4
42.6
46.1
30.7

25.6
35.7
45.7
24.0

24.2
30.7
41.8
46.1
34.9

46
47
48
49
50

21.0
28.2
30.1
29.3
28.1

17.6
28.5
29.8
28.8
28.5

22.9
28.9
30.0
28.4
29.2

23.1
29.2
29.6
27.8
31.0

21.1
29.2
30.0
27.1
32.4

23.4
29.3
30.4
27.1
34.0

24.9
28.6
30.9
27.1
35.2

26.4
28.7
30.7
27.4
36.7

27.4
29.1
30.5
28.0
36.4

28.1
29.1
3C.9
25.4
3f.7

28.4
29.6
30.3
25.7
36.8

28.4
29.8
29.8
27.1
37.2

20.5
28.6
30.0
28.8
28.6

22.5
29.2
30.0
27.4
32.5

26.3
28.8
30.7
27.5
36.1

28.3
29.5
30.3
26.1
36.9

24.4
29.0
30.3
27.5
33.5

51
52
53
54
55

37.3
38.6
45.3
40.6
42.3

37.7
38.9
45.6
40.3
43.0

38.2
39.1
46.2
39.6
44.2

38.5
38.6
46.3
39.3
44.9

38.1
38.9
46.3
39.5
45.9

38.0
37.1
45.9
39.6
45.9

37.1
35.3
46.5
39.2
46.2

36.9
39.9
46.4
39.1
46.5

37.3
41.9
45.2
39.1
46.4

37.3
42.8
44.7
35.7
47.2

37.9
44.0
42.9
40.5
46.9

38.2
44.5
41.5
41.2
47.4

37.7
38.8
45.7
40.1
43.2

38.2
38.2
46.2
39.5
45.6

37.1
39.0
46.0
39.1
46.4

37.8
43.8
43.0
40.4
47.1

37.7
40.0
45.2
39.9
45.6

56
57
58
59
60

47.1
48.7
41.8
45.9
52.0

46.7
49.2
40.4
46.9
51.5

46.7
48.9
39.6
48.0
50.4

47.7
48.2
38.7
49.4
49.6

46.7
47.5
39.1

46.5
48.3

48.0
44.9

48.9
43.2

45.0

45.1

50.9
48.1

47.6
47.4
42.3
44.9
47.1

42.5

49.2

46.2
48.3
41.8
45.3
47.9

4E.1
4f.2

50.5

42.9
48.0
40.8
48.4
48.1

44.6
47.0

45.2
45.8

50.1
44.4

46.9
48.9
40.6
46.9
51.3

47.0
48.0
39.4
50.2
48.9

45.6
47.9
41.6
46.2
47.7

48.3
44.8
44.2
46.6
45.7

47.1
47.4
41.5
47.7
48.5

61
62
63
64
65

44.4
51.0
54.3
58.2
64.8

44.0
52.0
54.7
58.5
65.4

44.1
52.4
55.0
58.7
66.5

45.7
52.8
55.7
59.5
67.1

46.7
52.4
56.5
59.7
67.8

47.5
52.1
56.7
59.9
68.4

48.4
52.6
56.5
60.6
69.8

49.4
53.0
56.4
61.0
69.7

48.6
53.4
56.9
61.6
69.8

45.7
53.5
57.5
5S.7

7C.4

50.9
53.8
57.7
62.7
70.7

51.7
54.0
57.7
64.2
72.2

44.2
51.8
54.7
58.4
65.5

46.7
52.4
56.3
59.7
67.8

48.8
53.0
56.6
61.1
69.8

50.8
53.8
57.7
62.2
71.1

47.6
52.8
56.3
60.3
68.6

66
67
68
69
70

73.1
77.5
79.7
83.4
79.7

73.7
76.7
79.9
83.8
79.6

74.7
76.2
79.6
84.4
79.6

75.6
76.3
79.8
84.2
79.0

75.9
76.4
80.9
83.3
78.8

76.3
76.1
81.1
64.2
78.5

76.6
75.8
80.7
84.4
78.4

76.8
76.8
80.6
84.7
78.2

77.6
76.5
80.4
84.8
76.7

7E.7
77.0
81.2
85.0
73.6

77.3
78.9
82.4
83.4
73.0

77.8
79.8
83.0
82.5
76.0

73.8
76.8
79.7
83.9
79.6

75.9
76.3
80.6
83.9
78.8

77.0
76.4
80.6
84.7
77.8

77.9
78.6
82.2
83.6
74.2

76.2
77.0
80.8
84.0
77.6

71
72
73
74
75

76.7
81.9
93.1
94.8
84.8

76.8
82.8
94.6
94.2
82.6

76.5
83.4
94.6
94.1
80.9

76.6
85.1
95.0
94.1
81.2

77.5
85.0
95.5
95.6
80.5

77.2
85.0
96.5
96.1
80.5

76.8
85.3
97.0
95.3
81.0

75.1
86.4
96.9
95.4
82.6

77.2
87.6
98.0
95.8
83.5

70.6
89.6
98.4
95.2
84.0

78.7
91.3
98.9
92.6
84.5

79.4
92.3
96.8
87.7
85.6

76.7
82.7
94.1
94.4
82.8

77.1
E5.0
95.7
S5.3
80.8

76.4
86.4
97.3
95.5
82.3

78.9
91.1
98.0
91.8
84.7

77.3
86.3
96.3
94.3
82.6

76
77
78
79
80

86.9
95.3
102.4
114.0
112.7

89.1
96.1
102.3
114.8
113.3

88.8
97.1
103.7
115.2
113.1

89.3
98.5
106.4
112.1
109.9

91.1
99.4
106.7
114.5
106.2

90.8
100.3
107.9
114.8
104.2

91.8
101.0
109.2
114.2
103.9

92.8
101.8
110.1
113.1
105.9

91.8
102.1
110.9
113.5
107.4

91.9
102.3
111.9
113.7
105.2

94.0
102.2
113.0
113.0
112.0

95.1
103.9
114.4
113.3
111.8

88.3
96.2
102.8
114.7
113.0

90.4
99.4
107.0
113.8
106.8

92.1
101.7
110.0
113.6
105.7

93.7
102.8
113.1
113.3
111.0

91.1
100.0
108.2
113.9
109.1

81
82
83
84

111.4
101.9
98.7
119.6

111.3
103.8
100.1
121.0

112.0
103.0
101.8
122.2

111.8
101.7
103.3
123.3

112.5
100.9
104.7
123.8

112.4
100.5
105.9
124.7

113.7
100.5
108.6
126.4

113.5
99.3
110.9
127.7

111.3
98.1
113.1
127.2

109.9
96.3
114.4

107.5
96.2
114.9

127.0

127.5

105.6
96.5
116.3
127.4

111.6
102.9
100.2
120.9

112.3
101.0
104.6
123.9

112.8
99.3
110.9
127.1

107.7
96.3
115.2
127.3

111.1
99.9
107.7
124.8




40.5

11

45.9

INDEXES,

TR

JAN

NONDURABLE

FEB

SEASONALLY

IAR

MANUFACTURING,

APR

ADJUSTED,

MAY

1977=100

JUNE

JULY

AUG

SEPT

CT[

NOV

DEC

QI

02

Q3

Q4

ANN.
AVG.

TO'TAL

19
20

9.5
11.8

9.2
11.6

9.0
11.5

9.8
11.3

10.4
11.3

10.7
10.7

11.0
10.2

11.0
9.9

11.3
9.6

11.5
9.0

11.6
8.0

11.5
7.5

9.2
11.6

10.3
11.1

11.1
9.9

11.5
8.2

10.5
10.2

21
22
23
24
25

8.0
10.6
12.2
12.0
12.7

8.4
10.6
12.4
11.9
13.0

8.9
10.7
12.7
12.0
12.8

9.2
10.4
12.7
11.8
13.0

9.5
11.0
12.8
11.7
13.0

9.9
11.5
12.7
11.2
12.7

10.1
11.5
12.4
11.1
13.1

10.2
11.7
12.2
11.4
13.2

10.3
11.7
12.1
11.7
12.9

1C.5
12.0
11.8
12.2
13.1

10.5
12.6
11.8
12.4
13.3

10.5
12.7
11.7
12.7
13.6

8.4
10.6
12.4
12.0
12.9

9.5
11.0
12.8
11.6
12.9

10.2
11.7
12.2
11.4
13.0

10.5
12.4
11.8
12.4
13.3

9.7
11.4
12.3
11.9
13.1

26
27
28
29
30

13.5
14.0
14.0
15.5
15.2

13.5
14.0
14.3
15.4
15.1

13.4
14.2
14.2
15.6
14.9

13.3
14.2
14.0
15.7
15.1

13.2
14.4
14.4
16.1
14.8

13.4
14.6
14.3
16.2
14.5

13.3
14.7
14.4
16.1
14.2

13.6
14.5
14.7
16.1
13.8

13.9
14.3
14.8
16.1
13.8

13.9
14.2
15.0
16.2
13.8

13.9
14.1
15.2
15.6
13.7

14.0
14.0
15.5
15.2
13.5

13.5
14.1
14.2
15.5
15.1

13.3
14.4
14.2
16.0
14.8

13.6
14.5
14.6
16.1
13.9

13.9
14.1
15.2
15.7
13.6

13.6
14.3
14.6
15.9
14.4

31
32
33
34
35

13.6
12.6
12.1
13.6
15.1

13.7
12.5
12.0
13.9
15.1

13.9
12.4
11.3
14.3
15.0

14.0
11.4
12.2
14.3
14.9

14.2
11.2
14.0
14.2
14.9

14.0
10.9
15.5
13.7
15.1

14.0
10.8
16.1
13.7
15.3

13.9
11.5
15.0
13.8
15.4

13.5
12.4
14.4
13.1
15.7

12.8
12.6
13.6
13.1
16.1

12.7
12.5
13.4
14.0
16.2

12.5
12.1
13.3
14.6
16.4

13.7
12.5
11.8
13.9
15.1

14.1
11.2
13.9
14.1
15.0

13.8
11.6
15.2
13.5
15.5

12.7
12.4
13.4
13.9
16.2

13.6
12.0
13.6
13.9
15.5

36
37
38
39
40

16.3
19.0
15.1
17.1
18.6

15.7
19.1
15.3
17.1
18.3

16.1
19.2
15.4
17.3
18.0

16.5
19.6
15.0
17.2
18.2

16.6
19.5
15.0
17.3
18.5

16.9
19.4
15.4
17.4
18.9

17.1
18.9
16.2
17.8
18.8

17.6
18.4
16.8
18.0
18.6

17.8
17.7
17.1
18.4
18.8

18.1
16.9
17.2
1.0
19.1

18.6
15.7
17.6
18.9
19.5

19.0
14.9
17.7
19.0
20.2

16.0
19.1
15.2
17.2
18.3

16.7
19.5
15.1
17.3
18.5

17.5
18.3
16.7
18.1
18.7

18.6
15.8
17.5
18.9
19.6

17.2
18.2
16.2
17.9
18.8

41
42
43
44
45

20.4
23.9
24.3
26.0
26.9

21.1
23.8
24.5
25.9
26.8

21.7
23.7
24.5
26.2
26.8

22.2
23.7
24.8
26.1
26.8

23.0
23.2
25.1
26.2
26.8

23.1
22.6
25.3
26.2
27.0

23.4
23.1
25.7
26.3
26.9

23.6
23.4
26.0
26.8
25.7

23.4
23.6
26.1
26.5
25.6

23.5
24.2
26.2
26.7
25.4

23.6
24.1
26.1
26.8
25.7

23.6
24.5
25.6
26.9
25.4

21.1
23.8
24.4
26.0
26.9

22.8
23.1
25.1
26.2
26.9

23.5
23.4
25.9
26.6
26.1

23.6
24.3
26.0
26.8
25.5

22.7
23.7
25.4
26.4
26.3

46
47
48
49
50

26.1
28.4
29.0
28.5
29.8

26.9
28.3
29.2
28.5
30.2

26.7
28.3
29.0
28.4
30.4

26.6
28.0
29.3
27.9
31.0

26.6
27.8
29.5
27.9
31.3

26.5
27.6
29.7
28.2
31.5

26.6
27.9
29.5
28.1
32.5

27.3
28.0
29.2
28.6
33.3

27.5
28.1
29.1
29.2
33.0

27.9
26.6
29.1
29.6
33.1

28.2
29.0
28.9
29.5
33.1

28.5
28.9
28.7
29.6
33.8

26.6
28.3
29.1
28.5
30.1

26.6
27.8
29.5
28.0
31.3

27.1
28.0
29.2
28.6
33.0

28.2
28.8
28.9
29.5
33.3

27.1
28.2
29.2
28.7
31.9

51
52
53
54
55

34.0
32.6
34.8
34.2
37.3

33.9
32.7
35.2
34.4
37.5

33.7
32.7
35.3
34.6
38.3

33.7
32.7
35.4
34.6
38.5

33.6
32.4
35.7
34.8
39.1

33.3
33.3
35.4
35.0
39.2

32.8
33.6
35.5
35.1
39.2

32.3
33.9
35.2
35.1
38.9

32.2
34.2
34.9
35.6
39.5

31.8
34.6
34.6
35.9

4C.0

32.2
35.0
34.3
36.3
40.5

32.4
35.1
33.8
36.9
40.9

33.9
32.7
35.1
34.4
37.7

33.5
32.8
35.5
34.8
38.9

32.4
33.9
35.2
35.3
39.2

32.1
34.9
34.3
36.3
40.5

33.0
33.6
35.0
35.2
39.1

56
57
58
59
60

40.9
41.6
40.9
44.8
47.8

40.9
42.0
40.7
45.5
47.4

40.8
42.1
40.6
45.6
47.6

41.1
41.5
40.3
46.1
47.7

40.8
41.7
40.8
46.3
47.8

40.5
41.6
41.7
46.1
47.5

40.8
42.0
42.1
46.9
47.6

41.0
42.0
42.8
46.8
47.1

41.1
42.1
43.1
46.9
47.0

41.4
41.6
43.4
46.4
47.2

41.2
41.2
44.0
46.5
46.7

41.6
41.2
44.0
47.1
46.5

40.9
41.9
40.7
45.3
47.6

40.8
41.6
41.0
46.2
47.7

41.0
42.0
42.7
46.9
47.2

41.4
41.3
43.8
46.7
46.8

41.1
41.8
42.1
46.3
47.4

61
62
63
64
65

46.7
50.6
52.7
56.5
60.8

46.9
51.3
53.3
56.8
60.9

47.3
51.6
53.8
56.6
61.3

47.9
51.5
54.4
57.9
61.2

48.1
51.7
54.6
58.3
61.5

48.6
51.7
54.6
58.1
61.8

48.9
52.0
54.4
58.5
62.1

49.3
51.9
55.1
58.7
62.4

49.3
52.3
55.4
58.7
62.7

50.3
52.0
55.6
59.1
63.1

50.9
52.4
55.9
59.3
63.5

51.2
52.5
55.9
59.9
63.9

47.0
51.1
53.3
56.6
61.0

48.2
51.6
54.5
58.1
61.5

49.2
52.1
55.0
58.7
62.4

50.8
52.3
55.8
59.4
63.5

48.8
51.8
54.6
58.2
62.1

66
67
68
69
70

64.3
68.0
70.4
74.6
76.5

64.5
67.2
70.8
75.6
76.8

65.4
67.0
71.4
76.2
76.2

65.1
67.9
71.4
75.8
76.4

65.9
66.6
72.1
76.1
76.2

66.0
66.9
72.3
76.2
76.1

66.6
66.5
72.3
77.1
76.8

66.6
68.3
73.2
77.0
75.8

66.7
68.7
73.6
76.6
76.2

66.8
6S.4
73.7
7E.6
76.2

67.1
70.0
74.7
76.7
76.0

67.2
70.6
74.0
76.9
76.7

64.7
67.4
70.9
75.5
76.5

65.7
67.2
71.9
76.0
76.2

66.6
67.8
73.0
76.9
76.2

67.1
70.0
74.1
76.7
76.3

66.C
68.1
72.5
76.3
76.3

71
72
73
74
75

77.3
84.1
88.9
90.7
81.9

77.2
84.3
89.8
90.7
80.9

77.2
85.0
90.3
91.7
78.9

78.0
86.0
90.4
90.9
80.5

78.1
85.6
90.6
91.5
81.2

78.8
86.3
90.7
91.6
84.0

79.7
86.0
91.2
91.5
85.3

79.7
87.2
91.6
91.3
86.4

80.6
87.4
91.4
91.0
87.6

81.5
88.0
92.1
89.9
88.5

82.0
88.5
92.0
87.5
89.4

82.8
89.5
90.5
84.0
90.0

77.2
84.5
89.7
91.0
80.5

78.3
86.0
90.6
91.3
81.9

80.0
86.9
91.4
91.3
86.5

82.1
88.7
91.5
87.1
89.3

79.4
86.5
90.8
90.2
84.5

76
77
78
79
80

90.5
97.1
102.4
107.1
109.6

92.2
98.1
102.4
107.2
109.2

91.7
98.6
102.8
107.9
108.4

91.7
99.4
104.9
107.9
107.0

92.1
100.0
105.3
108.8
104.9

92.2
100.2
106.4
108.2
103.8

92.9
100.1
106.3
108.6
104.3

92.4
101.2
106.4
108.7
105.6

94.6
100.6
106.9
108.0
107.6

95.3
101.0
107.0
108.9
107.3

95.5
101.9
107.3
108.6
107.7

96.2
101.8
107.9
108.4
108.4

91.5
97.9
102.5
107.4
109.1

92.0
99.9
105.5
108.3
105.2

93.3
100.7
106.5
108.4
105.9

95.6
101.5
107.4
108.7
107.8

93.1
100.0
105.5
108.2
107.0

81
82
83
84

109.4
105.5
107.5
119.5

109.8
107.0
108.2
121.0

109.9
106.3
109.4
121.6

110.3
105.0

110.7
104.8

110.6

112.4

121.9

122.3

110.7
104.7
113.4
123.2

111.8
104.7
114.9
123.9

110.8
105.5
116.2
123.2

110.0
105.7
118.0
123.1

108.6
105.5
117.9
123.3

107.9
105.7
117.9
123.8

106.3
105.0
117.5
123.4

109.7
106.3
108.4
120.7

110.6
104.9
112.1
122.4

110.8
105.3
116.3
123.4

107.6
105.4
117.7
123.5

109.7
105.5
113.7
122.5




12

INDEXES,

SEASONALLY

ADJUSTED,

1977=100

ANN.

QI

02

Q3

Q4

AVG.

25.7
31.7

24.0
28.7

24.7
28.4

27.2
29.4

25.3
31.2

25.5
29.6

22.9
31.6
35.2
31.8
31.3

23.2
33.6
32.8
32.4
31.0

25.8
28.3
33.8
34.2
32.8

24.1
18.5
36.4
30.9
34.2

22.6
22.4
35.7
31.2
33.8

23.3
31.8
34.4
32.2
31.0

23.8
25.4
35.1
32.0
33.0

37.6
34.4
36.7
38.6
31.8

39.0
34.1
37.7
36.9
31.4

39.1
33.6
36.7
38.0
30.6

32.5
39.1
34.3
38.4
35.5

35.1
35.7
34.7
38.5
34.3

36.4
34.9
35.3
39.2
32.8

38.5
34.0
37.1
37.8
31.3

35.7
35.8
35.4
38.4
33.3

26.8
24.0
29.2
28.3
30.4

2f.1
24.7
27.5
27.8
32.3

28.3
24.8
27.5
28.0
32.6

27.8
23.5
27.4
28.8
33.4

29.3
25.5
24.7
29.1
30.7

29.7
23.0
26.4
28.9
30.5

27.9
22.9
30.1
28.4
29.9

28.1
24.3
27.5
28.2
32.8

28.6
23.9
27.3
28.6
31.0

35.5
41.3
34.8
33.1
40.7

36.1
41.8
35.1
39.9
40.8

36.7
40.5
35.4
41.8
4C.1

38.4
39.5
36.6
41.8
41.3

38.7
38.6
36.6
40.6
42.4

33.9
40.0
35.7
36.3
41.5

34.8
40.3
33.0
35.5
43.3

35.7
41.3
34.6
37.1
41.1

37.9
39.5
36.2
41.4
41.2

35.7
40.2
34.8
37.6
41.8

44.8
44.8
47.9
49.5
50.7

45.6
46.1
47.6
50.0
49.3

46.1
45.8
48.3
50.2
47.1

47.2
45.5
42.9
50.3
43.5

46.5
45.8
46.9
50.8
49.3

47.4
45.2
49.3
49.5
48.1

43.1
46.4
45.9
49.7
50.0

41.6
45.7
45.4
51.0
50.8

45.5
45.6
47.9
49.9
49.0

47.0
45.5
48.0
50.2
47.0

44.4

48.7
53.9
59.5
50.7
57.8

51.9
54.7
59.5
49.4
58.9

50.5
55.6
59.3
49.2
60.1

51.2
56.2
58.1
44.5
61.0

50.8
56.0
56.8
41.8
61.2

48.6
56.5
57.9
52.5
59.9

49.8
56.4
57.8
50.5
60.6

49.3
53.9
55.3
54.4
50.5

42.8
52.8
57.3
53.5
56.5

51.2
55.5
59.0
47.7
60.0

49.7
56.3
58.1
48.3
60.6

48.3
54.6
57.4
50.9
56.9

62.0
56.8
63.9
62.3
68.3

62.2
57.3
64.5
63.6
69.3

62.2
57.0
65.3
63.5
69.4

62.8
60.7
65.7
61.9
70.3

63.2
65.2
65.1
61.0
70.9

64.3
60.9
63.3
61.6
72.0

63.9
64.9
62.3
62.9
72.3

63.7
63.5
61.6
63.6
72.1

60.9
64.4
62.5
61.5
66.3

62.0
59.3
63.8
62.5
68.5

62.7
61.0
65.4
62.1
70.2

64.0
63.1
62.4
62.7
72.2

62.4
61.9
63.5
62.3
69.5

74.4
74.7
62.3
73.0
73.3

73.4
74.3
62.2
74.6
72.4

73.4
73.6
64.6
73.1
71.7

69.4
73.9
66.7
69.7
71.2

73.0
73.8
69.1
66.0
71.8

73.9
72.9
70.3
65.6
71.2

74.0
71.9
70.2
66.0

7C.9

74.2
69.7
70.0
70.4
70.6

73.0
69.0
70.4
71.9
70.6

72.4
74.4
66.1
70.6
71.0

73.8
74.2
63.1
73.5
72.5

72.1
73.5
68.7
67.1
71.4

73.8
70.2
70.2
69.4
70.7

73.1
73.2
67.1
70.2
71.6

70.7
74.4
75.9
79.3
82.2

70.5
74.1
75.9
79.3
82.1

70.6
73.7
77.7
79.7
82.1

71.2
73.6
77.0
80.2
83.1

71.4
74.1
77.9
79.7
83.0

72.7
74.8
78.2
80.2
83.9

72.6
74.6
78.1
80.8
82.1

74.2
73.6
77.7
81.0
85.1

74.3
74.0
78.1
82.2
84.8

74.3
73.1
78.0
81.2
85.7

70.5
74.0
75.3
79.4
81.8

70.7
73.8
76.9
79.8
82.5

72.3
74.5
78.1
80.2
83.0

74.3
73.6
77.9
81.5
85.2

72.1
74.1
77.1
80.2
83.1

85.7
88.3
90.6
93.7
97.5

87.7
87.7
91.3
94.2
97.7

84.7
88.7
92.6
94.8
97.8

87.5
87.8
93.5
96.1
97.8

e7.7
88.5
93.4
98.9
97.7

88.0
91.3
95.1
96.6
96.6

88.4
91.9
94.2
96.4
98.8

88.4
90.3
93.8
97.4
100.1

88.7
89.8
91.1
97.5
101.6

88.9
89.0
93.6
97.9
101.7

89.5
88.4
93.7
99.1
100.9

86.5
88.5
90.4
93.9
97.8

86.6
E8.3
93.2
96.6
97.8

88.2
91.2
94.4
96.8
98.5

89.1
89.1
92.8
98.2
101.4

87.6
89.3
92.7
96.4
98.9

99.4
97.4
98.4
100.0
98.3

98.0
97.2
98.9
100.4
98.2

98.5
97.7
97.3
99.8
97.0

99.1
99.0
97.2
99.6
96.3

99.0
97.6
97.9
100.5
95.8

98.6
98.2
98.8
99.4
97.1

95.3
98.7
100.4
100.5
95.1

96.5
98.4
100.6
97.8
95.5

96.2
99.7
100.3
99.0
95.3

87.7
99.4
100.5
100.2
96.3

91.2
98.9
100.4
94.0
97.3

97.1
98.5
100.8
94.3
97.0

98.7
97.4
98.2
100.1
97.8

98.9
98.3
98.0
99.8
96.4

96.0
99.0
100.4
99.1
95.3

92.0
98.9
100.5
96.2
96.9

96.4
98.4
99.3
98.8
96.6

76
77
78
79
80

97.4
95.7
92.5
103.1
113.0

96.9
99.1
93.6
104.0
112.3

96.2
100.6
97.9
104.0
113.4

96.0
100.8
106.2
105.8
112.2

97.2
100.8
106.2
105.3
113.3

97.1
101.6
107.0
106.1
113.0

96.4
101.7
108.6
105.1
111.2

96.9
98.1
106.0
107.3
110.0

98.7
102.1
104.9
108.1
111.3

98.6
102.1
106.9
10E.6
110.0

98.7
102.6
107.3
109.8
113.9

98.7
94.1
105.9
109.1
115.2

96.8
98.5
94.7
103.7
112.9

96.7
101.1
106.5
105.7
112.8

97.3
100.6
106.5
106.8
110.9

98.6
99.6
106.7
109.2
113.1

97.4
100.0
103.6
106.4
112.4

81
82
83
84

115.0
119.7
103.8
110.9

117.2
119.7
100.6
109.4

117.9
116.9
99.7
109.6

107.8
114.5
100.4
109.8

109.3
112.1
100.3
111.7

116.1
108.7
100.7
113.5

122.2
106.5
101.7
114.8

122.7
105.0
103.2
113.0

121.9
102.6
105.3
113.6

121.3
102.5
106.2
107.2

120.1
101.8
107.0
108.8

119.1
101.4
105.4
108.9

116.7
118.8
101.4
109.9

111.1
111.8
100.4
111.7

122.2
104.7
103.4
113.8

120.2
101.9
106.2
108.3

117.5
109.3
102.9
110.9

YR

JAN

FEB

19
20

26.4
28.7

23.3
28.4

21
22
23
24
25

27.3
25.8
33.3
33.9
33.7

26
27
28
29
30

MAR

APR

NAY

JUNE

JULY

AUG

SEPT

OCT

NOV

22.3
29.0

23.8
27.3

24.8
28.4

25.5
29.6

27.0
29.4

26.3
30.4

28.4
28.4

29.2
30.5

21.0
31.4

25.9
28.4
33.5
35.3
32.8

24.1
30.7
34.7
33.3
31.9

24.1
17.8
37.1
30.8
33.7

24.6
18.0
36.1
31.0
34.7

23.7
19.7
36.1
30.8
34.4

22.6
19.0
36.9
30.7
34.9

22.9
20.9
36.5
30.4
35.7

22.4
27.3
33.6
32.5
30.7

23.9
30.1
35.2
32.3
30.7

30.5
38.1
33.9
38.7
36.9

31.9
38.7
33.7
39.4
35.9

35.2
40.5
35.4
37.0
33.8

35.3
35.7

34.5
35.9

35.6
35.4

34.4

35.4

34.4

38.8
34.5

38.4
34.4

38.2
34.1

36.1
34.1
34.5
39.2
33.7

36.3
35.8
35.6
38.9
32.7

36.7
35.0
35.8
39.6
32.0

31
32
33
34
35

29.5
25.2
23.7
28.1
30.3

28.7
24.9
24.8
28.6
30.4

29.7
26.4
25.6
30.7
31.4

30.0
24.7
23.3
28.8
28.7

29.4
22.6
27.2
29.1
30.0

29.7
21.6
28.7
28.9
32.7

29.5
22.0
30.0
28.6
29.5

27.4
22.7
31.2
28.2
29.7

36
37
38
39
40

34.1
38.0
37.0
35.9
41.8

35.1
39.0
35.1
36.1
40.9

32.7
42.9
35.1
36.9
41.8

35.2
39.5
34.1
34.7
45.3

34.4
40.0
32.1
35.1
42.9

34.8
41.3
33.0
36.7
41.8

35.5
40.8
33.8
38.1
41.8

41
42
43
414
45

42.0
46.8
43.8
48.8
49.0

42.3
47.1
46.1
50.2
49.9

44.9
45.2
47.6
49.9
51.1

36.0
46.6
48.3
51.3
51.5

43.8
45.5
46.7
51.6
50.2

45.0
44.9
41.3
50.1
50.8

46
47
48
49
50

49.0
53.2
57.2
56.3
49.5

49.8
53.8
57.2
56.1
45.6

49.1
54.8
51.6
50.8
56.5

37.9
50.2
52.9
55.5
55.8

41.9
54.3
59.5
54.5
56.0

51
52
53
54
55

61.5
64.1
62.7
61.4
65.5

60.4
64.7
62.2
61.5
66.8

60.9
64.3
62.6
61.5
66.6

61.8
63.7
63.0
61.5
67.9

56
57
58
59
60

72.3
73.3
67.8
70.3
70.5

71.9
74.6
66.9
70.7
71.1

72.9
75.3
63.6
70.9
71.4

61
62
63
64
65

70.5
73.6
74.2
79.1
81.5

70.2
74.0
75.7
79.7
81.6

66
67
68
69
70

86.1
89.4
89.2
93.8
98.3

71
72
73
74
75

DEC

MINING




13

45.7

46.6
50.2
49.2

INDEXES,

YTR

JAN

SEASONALLI

ADJUSTEDe

1977=100

ANN.

JULY

AUG

SEPT

OCT

NOV

DEC

01

02

Q3

04

6.9
7.6

6.9
7.6

6.9
7.7

7.1
7.7

7.1
1.8

7.2
8.0

7.2
8.0

6.6
7.4

6.8
7.5

7.0
7.7

7.2
8.0

8.5
9.4
10.5
11.5
11.7

8.6
9.5
10.7
11.4
11.8

8.7
9.7
10.7
11.3
11.7

8.7
9.8
10.8
11.4
11.5

8.8
9.9
11.0
11.4
11.4

8.9
9.9
11.1
11.4

9.1
10.2
11.2
11.4
11.5

8.2
9.4
10.2
11.2
11.6

8.5
9.5
10.5
11.5
11.7

8.7
9.8
10.8
11.3
11.5

9.0
10.0
11.1
11.4
11.4

8.6
9.7
10.7
11.4
11.6

FEB

BIAR

APB

HAT

JUNE

6.7
7.4

6.8
7.4

6.8
7.5

AVG.

UTILITIES
39
40

6.5
7.3

6.6
7.4

41
42
43

8.1
9.3
10.1

8.2
9.4
10.2

8.3
9.4
10.3

6.9
7.6

44

11.1

11.2

11.4

45

13.6

11.7

11.6

8.4
9.5
10.4
11.5
11.6

11.4

8.9
10.0
11.2
11.4
11.4

46
47
48
49
50

11.5
12.3
13.9
15.1
16.5

11.5
12.4
14.0
15.1
16.6

11.5
12.5
14.3
15.1
16.9

11.7
12.7
14.2
15.2
17.1

11.7
12.9
14.3
15.2
17.4

11.8
13.0
14.4
15.4
17.5

12.0
13.1
14.6
15.6
17.6

12.3
13.2
14.7
15.7
17.8

12.5
13.4
14.9
15.7
18.0

12.6
13.5
15.0
15.7
18.4

12.7
13.6
15.2
16.0
18.5

12.7
13.7
15.2
16.3
18.7

11.5
12.4
14.0
15.1
16.7

11.7
12.9
14.3
15.2
17.4

12.2
13.2
14.7
15.6
17.8

12.7
13.6
15.1
16.0
18.5

12.0
13.0
14.5
15.5
17.6

51
52
53
54
55

19.0
21.1
22.8
24.5
26.6

19.3
21.3
22.8
24.5
27.2

19.5
21.3
23.1
24.8
27.6

19.8
21.2
23.3
25.0
27.9

19.9
21.3
23.6
25.0
28.0

20.1
21.4
23.9
25.2
28.1

20.2
21.6
24.1
25.4
28.2

20.4
22.0
24.0
25.5
28.9

20.5
22.4
24.0
25.7
29.3

20.5
22.6
24.1
26.2
29.6

20.8
22.7
24.0
26.5
29.8

20.9
22.9
24.0
26.7
30.2

19.3
21.2
22.9
24.6
27.1

20.0
21.3
23.6
25.1
28.0

20.4
22.0
24.0
25.5
28.8

20.8
22.7
24.0
26.5
29.8

20.1
21.8
23.6
25.4
28.4

56
57
58
59
60

30.3
32.2
34.1
36.9
40.1

30.6
32.6
34.2
37.1
40.5

30.8
32.6
34.3
37.4
41.2

31.1
32.9
34.0
37.7
41.1

31.4
33.1
34.2
38.2
40.7

31.4
33.1
34.5
38.6
40.9

31.2
33.7
34.7
38.8
41.0

31.2
33.9
35.1
38.4
41.3

31.2
33.6
35.4
39.0
41.5

31.5
33.7
35.6
38.9
41.4

31.7
34.1
35.8
39.3
41.5

31.9
34.0
36.3
40.0
41.6

30.6
32.5
34.2
37.1
40.6

31.3
33.1
34.3
38.2
40.9

31.2
33.7
35.1
38.8
41.2

31.7
34.0
35.9
39.4
41.5

31.2
33.3
34.9
38.4
41.1

61
62
63
64
65

41.6
45.6
48.8
52.1
55.6

41.8
45.5
49.5
52.2
55.9

41.8
45.8
49.1
52.6
56.5

42.5
45.6
48.9
53.4
57.4

43.4
46.4
49.5
53.8
57.0

43.3
46.7
49.8
54.4
57.4

43.3
47.1
49.5
54.9
56.9

43.9
46.9
49.8
54.9
57.3

44.4
47.0
50.2
55.0
58.4

44.7
41.3
50.6
55.2
59.2

44.7
47.8
51.1
55.1
58.8

44.9
47.9
51.2
55.7
59.1

41.7
45.6
49.1
52.3
56.0

43.1
46.2
49.4
53.9
57.3

43.8
47.0
49.8
54.9
57.5

44.8
47.7
51.0
55.3
59.0

43.4
46.6
49.8
54.1
57.4

66
67
68
69
70

59.2
63.3
68.1
73.8
79.0

60.1
63.5
67.8
74.3
79.0

60.3
62.9
68.9
75.1
80.0

60.7
65.6
68.9
74.7
80.5

61.1
64.9
69.7
74.8
82.0

61.9
64.3
70.5
76.2
80.3

62.9
64.6
69.8
77.4
81.5

63.0
63.7
70.3
77.8
82.6

63.0
64.2
71.4
77.0
83.0

62.9
67.0
71.3
77.6
81.7

63.5
67.0
71.7
78.8
82.0

63.5
68.4
74.2
78.8
81.9

59.9
63.3
68.3
74.4
79.3

61.2
64.9
69.7
75.2
80.9

63.0
64.2
70.5
77.4
82.4

63.3
67.5
72.4
78.4
81.9

61.8
64.9
70.2
76.4
81.1

71
72
73
74
75

83.9
87.5
92.9
90.9
91.0

83.3
89.1
94.5
90.3
92.3

84.0
89.1
92.2
92.0
94.7

84.3
90.8
93.2
92.6
96.1

85.1
89.2
93.5
94.7
93.2

85.8
89.2
94.9
95.0
93.6

85.5
89.2
95.0
92.1
93.5

84.8
90.3
94.7
93.6
95.1

85.4
91.0
97.1
94.3
94.4

8t.8
92.8
95.4
94.0
93.2

85.7
93.6
93.6
92.5
94.5

85.4
93.7
91.0
92.6
93.6

83.8
88.6
93.2
91.1
92.7

85.1
89.7
93.9
94. 1
94.3

85.3
90.2
95.6
93.3
94.3

86.0
93.4
93.3
93.1
93.8

85.0
90.4
94.0
92.8
93.7

76
77
78
79
80

95.7
102.2
102.8
106.3
104.8

94.2
98.8
103.9
109.1
106.3

95.2
97.3
103.6
107.6
109.8

96.4
97.6
101.3
107.9
107.1

96.7
98.9
102.0
106.3
105.1

96.8
99.5
102.3
104.3
105.6

97.2
101.4
102.0
103.7
107.4

97.3
100.5
103.0
104.0
109.1

97.1
101.0
104.2
104.6
108.9

98.7
101.2
104.0
105.1
106.7

102.6
100.3
103.3
106.5
108.7

102.4
101.2
104.4
105.9
108.4

95.0
99.4
103.4
107.7
106.9

96.6
98.7
101.9
106.2
105.9

97.2
101.0
103.1
104.1
108.5

101.2
100.9
103.9
105.8
107.9

97.4
100.0
103.1
105.9
107.3

81
82
83
84

107.1
109.7
100.6
112.7

106.2
109.0
101.6
109.4

106.8
107.8
101.4
111.6

105.3
107.1
103.5
111.4

107.6
104.8
103.3
111.6

109.3
103.8
103.0
111.4

109.5
103.7
105.5
109.8

106.7
103.4
107.6
110.0

106.5
102.2
109.0
109.7

107.4
102.0
107.4
109.4

106.9
102.8
106.8
112.1

106.6
101.2
112.2
111.6

106.7
108.8
101.2
111.2

107.4
105.2
103.2
111.4

107.6
103.1
107.4
109.8

107.0
102.0
108.8
111.1

107.1
104.8
105.2
110.9




14

Explanatory Note

Seasonal adjustment. Individual series are seasonally adjusted by the X-11
Method II seasonal adjustment procedure that was developed by the Bu
reau of the Census and modified by the intervention analysis technique.
The seasonal factors currently being used for individual series were de
rived from data through 1983; those for major aggregates were based
on data through 1984. The individual series and the aggregate series are
seasonally adjusted independently, and the factors for the aggregate series
in the summary table and in tables 1 and 2 are reviewed monthly. The
seasonally adjusted total index is aggregated from the seasonally adjusted
market groupings of the index and may not precisely equal an aggrega
tion of the seasonally adjusted industry groupings. A simple aggrega
tion of the seasonally adjusted individual series within groupings may
not precisely equal the seasonally adjusted groupings, primarily because
aggregates are adjusted independently.

Coverage. The index is a measure of industrial production expressed as
a percentage of output in a reference period (currently 1977). The changes
in the physical output of the nation's factories, mines, and electric and
gas utilities are represented by 252 individual series in the index, cover
ing 27 pertinent two-digit codes of the StandardIndustrialClassification
(SIC). For each indvidual series, index series relatives are calculated first
and are then aggregated in the following two ways: (1) market group
ings, such as consumer goods, equipment, intermediate products, and
materials, from which the seasonally adjusted total index is derived (tables
lA and 1B), and (2) industry groupings, such as SIC two-digit indus
tries, and major aggregates of these groupings, such as durable and non
durable manufacturing, mining, and utilities (tables 2A and 2B).
Market groupings. For purposes of analysis the individual industrial out
put series are grouped into materials, intermediate products, and final
products; together, the latter two form the products category. Materials
are industrial output requiring further processing within industry; inter
mediate products are expected to become inputs in nonindustrial sectors
such as construction, farming, and services; and final products are
assumed to enter final use as items of private consumption, government
use, or capital formation.

Weights. The total index and the various groupings of the component
series are currently aggregated on the basis of 1977 value-added weights,
which are shown in the first column of the index tables under the head
ing proportions. Value-added weights for 1972 are used for the 1972-77
period, while the 1967 weights are used for the 1967-72 period. The weight
years for earlier periods after World War II are 1963, 1958, 1954, and
1947. The indexes for the various periods are linked to provide the con
tinuous final results on the 1977 comparison-based year. The gross-value
weighted product series are expressed in terms of 1972 dollars.

Timing. A first estimate of output for a month is published about the
15th of the following month. This estimate may be revised in each of
the next three months as new data become available. After the fourth
month, indexes are not revised further until the time of an annual revi
sion or a benchmark revision. The last three benchmark revisions were
published in 1971, 1976, and 1985. Such revisons are derived mainly from
the quinquennial Census of Manufactures, the quinquennial Census of
Mineral Industries, and the Annual Survey of Manufactures, all prepared
by the Bureau of the Census.

Formula. The symbolic expression for the total index (I) is
S tP77
Et
-t

q 77P 77

q7 j

)

E2q77P77

0,
100,

100

where q is quantity, p is Census value added per unit of output, and t
represents the tth period.

Source data. The indexes of industrial production are constructed from
monthly data of two types: (1) directly measured output in physical units;
and (2) estimates of output derived from data on input, expressed in physi
cal units, adjusted by conversion factors that relate these inputs to physi
cal output. The data on directly measured physical product (pounds, yards,
barrels, and the like) are obtained from reports of the Bureau of the
Census, the Bureau of Mines, other government agencies, and trade asso
ciations. When suitable monthly data on physical product are unavail
able, estimates of physical output based on input data (kilowatt hours,
production worker hours) are used. The hours worked by production
workers are collected in the monthly establishment survey of the Bureau
of Labor Statistics, while data on the kilowatt hours used in industry
are collected from utilities and self-generators by the Federal Reserve
Banks. The estimates of input conversion are based mainly on historical
relationships that were derived from censuses and annual surveys and,
when appropriate, on recent major developments.




q 7 7 P7 7

Reliability. The median of the revisions in total industrial production,
without regard to sign, between the first and fourth estimates is 0.3 per
cent: that is, in about half of the cases the absolute value of the revision
from the first to the fourth estimate was less than 0.3 percent. (This cal
culation used data for the period from January 1972 to December 1982.)
Rounding. Changes shown for index components may not aggregate to
changes for totals because of independent rounding.
Literature. The Manual of the IndustrialProduction Index, 1985, con
tains a more detailed description, together with a history of the index,
a glossary of terms, and a bibliography. The Manual is scheduled to be
published in 1986. Selected data on industrial production are also pub
lished monthly in the Financial and Business Statistics section of the Fed
eral Reserve Bulletin.

15