View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

iiSSSk-.

FEDERAL RESERVE statistical release
**f«Au&&:**

For release at 9:15 a.m. (EDT)
April 15,1994

G.17(419)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.5 percent in March after a gain of 0.6 percent in February. The output in several
industries picked up notably from the weather-related slowdowns of January and February, but the overall increase was held
back by a drop in the production of motor vehicles and electricity. Having reached a seasonally adjusted annual rate of
13.9 million units in February, motor vehicle assemblies dropped back to 13.0 million units in March; 1994 marks the first
year since the 1970s that assemblies have run at a 13.0 million unit pace in any month. At 115.6 percent of its 1987 average,
industrial production was 5.1 percent higher in March than it was a year earlier. The utilization of total industrial capacity
increased 0.2 percentage point, to 83.6 percent.
Market Groups
The output of consumer goods fell back 0.2 percent in March, with gains in home goods and consumer
nondurables mostly offsetting a large decrease in automotive products. Within consumer nondurables, production rebounds
at a number of manufacturers more than offset a drop in the sale of electricity for home use.
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted

Industrial Production

1993
Dec/

Index, 1987=100
1994
Jan/
Feb/

Total index
Previous estimates

114.0
114.0

114.4
114.6

115.0
115.1

115.6

1.0
1.0

.4
.5

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

113.0
110.1
141.8
101.3
115.5

113.4
110.6
143.1
100.1
115.8

114.2
111.8
144.7
99.1
116.3

114.4
111.5
145.7
100.3
117.2

.8
.4
1.5
1.8
1.3

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

115.4
120.1
109.7
96.9
115.8

115.5
120.4
109.6
96.9
119.9

116.3
121.3
110.1
98.7
118.5

117.0
121.9
111.0
99.7
116.3

1.2
1.8
.5
.0
-.2

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-93

1982
Low

Mar.P

1993
Dec/

Percent of Capacity
1993
1993
1988-89
High
Mar.
Dec/

Percent chanae
1994
Jan/
Feb/

Mar.P

Mar. 93 to
Mar. 94

.6
.4

.5

5.1

.4
.5
.9
-1.1
.3

.7
1.0
1.1
-1.0
.4

.3
-.2
.7
1.1
.8

4.6
2.4
10.8
5.5
5.8

.1
.3
-.1
.0
3.5

.7
.8
.5
1.8
-1.2

.6
.5
.8
1.0
-1.8

5.8
8.4
2.6
2.9
-.9

1994
Jan/

Feb/

Capacity
growth
Mar. 93 to
Mar.P
M^r. 94

81.9

71.8

84.8

81.2

82.9

83.1

83.4

83.6

2.1

81.2
80.6
82.2
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

80.1
78.9
83.2
86.8
87.9

82.3
80.6
86.4
87.5
86.2

82.2
80.7
85.8
87.5
89.1

82.5
81.2
85.8
89.2
87.9

82.8
81.3
86.4
90.1
86.2

2.4
3.0
1.2
-.9
1.1

The output of business equipment rose 0.7 percent despite the cutback in the output of motor vehicles and the
continued decline in commercial aircraft manufacturing. The production of information processing equipment continued
advancing rapidly; in addition, the production of industrial and other equipment picked up again, gaining more than
1 percent after having slipped back somewhat during January and February. The output of defense and space equipment fell
further in March; it has declined about 10 percent during the past year.
The production of construction supplies, which fell about 1 percent per month in January and February as cold
weather curtailed construction activity, advanced 1.1 percent in March. The production of industrial materials rose
0.8 percent, with strong gains in computer parts and semiconductors. The output of energy materials increased despite the
cutback in electricity generation; coal mining strengthened again in March after a 10 percent jump in February.
Industry Groups
Manufacturing output increased 0.6 percent in March, with gains in all major industries other than
transportation equipment. The factory operating rate rose 0.3 percentage point, to 82.8 percent. Capacity indexes for
computers, semiconductors, light trucks, and appliances were revised up slightly for early this year; the aggregate effect of
these revisions was to lower factory utilization for March by 0.1 percentage point from what it otherwise would have been.
During the past year, utilization in manufacturing has increased 2.7 percentage points, while output has risen 5.8 percent.
The output gain is the largest twelve-month increase in six years.
The utilization rate for primary-processing industries rose 0.6 percentage point, to 86.4 percent, about
4 percentage points more than its 1967-93 average but 2.7 percentage points less than its high during 1988 and 1989.
Output increases of nearly 1 percent or more in stone, clay, and glass products, paper and products, rubber and plastics
products, and textiles helped boost the primary-processing operating rate. The utilization rate for advanced-processing
industries edged up 0.1 percentage point, to 81.3 percent, as a decrease of 2.4 percentage points in utilization for
transportation equipment was more than offset by gains in other industries.
The increase in coal mining pushed up the overall output of mining 1 percent in March. The output of utilities
fell back again as temperatures returned to about their seasonal norms.




2

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
March data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

Manufacturing

-5

-5

-10

-10

0
-5 \-

-10
1988

1990

1992

1994 1988

Total industry

1990

1994

Manufacturing

Ratio scale, 1987 production = 100




1992

Ratio scale, 1987 productions 100

1990

1980

1985

1990

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Index, 1987=100

Proportion
in Total IP

SeasonallvAdiusted
1994
Nov. Dec/
Jan.r Feb.1"

Item

1987

1993

1993
Oct.

Total index

100.0

100.0

111.9

112.8

114.0

114.4

59.5
44.8

59.2
45.6

111.2
113.8

112.1
114.6

113.0
115.4

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

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

26.0
5.8
2.8
1.7
.8
.9
1.0
3.1
.9
.8
1.4
20.2
8.8
2.2
4.0
2.4
2.8
.7
2.1

109.2
112.7
113.8
114.9
85.2
166.4
111.9
111.8
130.4
104.1
106.3
108.2
105.9
93.3
122.6
104.0
114.6
111.3
115.9

109.7
115.8
120.2
124.9
95.4
176.0
112.3
112.0
130.7
102.5
107.5
107.9
105.2
94.3
122.3
103.3
115.2
110.6
117.0

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

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

19.6
16.0
7.8
3.8
4.0
2.5
1.3
1.8
2.9
.4
.2

120.4
137.7
162.0
241.8
112.5
136.1
139.6
119.4
72.7
86.5
123.4

14.7
5.9
8.8

13.6
5.1
8.5

40.5

Not seasonally adjusted
1994
Nov. Dec/
Jan.r Feb/

Mar.P

1993
Oct.

115.0

115.6

113.8

112.2

111.6

112.7

114.3

114.7

113.4
116.1

114.2
117.2

114.4
117.3

114.0
116.6

111.2
113.6

109.9
112.5

111.1
114.2

112.5
116.0

113.0
116.3

110.1
118.2
124.9
131.5
98.8
188.0
113.9
112.2
130.5
102.8
108.0
107.9
105.8
95.1
122.0
102.6
113.1
108.6
114.9

110.6
119.0
128.2
134.6
102.0
191.0
117.6
110.8
122.0
103.8
109.1
108.3
105.1
93.9
123.2
102.6
118.1
105.1
123.1

111.8
122.3
135.8
146.2
110.6
207.9
118.3
110.5
121.5
104.2
108.3
108.8
106.0
93.7
124.6
103.4
116.5
108.1
119.7

111.5
119.5
129.3
135.9
105.7
188.2
118.4
110.9
120.4
105.2
109.2
109.3
106.8
95.3
125.3
104.8
113.9
108.4
115.9

111.8
121.4
126.5
132.6
98.7
191.3
116.5
116.8
139.2
107.0
110.5
109.1
112.0
95.9
124.5
102.3
97.6
110.7
92.5

108.3
115.7
118.2
123.2
94.7
172.6
109.8
113.5
128.0
103.3
111.8
106.2
104.8
94.0
118.3
102.3
110.5
113.4
109.4

107.0
106.8
106.0
105.7
82.0
146.8
106.5
107.5
113.5
99.1
109.6
107.1
100.6
92.0
115.6
103.5
135.1
112.3
143.9

110.1
112.9
121.1
125.5
95.8
177.1
113.7
105.6
118.2
96.0
104.6
109.3
100.4
87.9
115.6
102.4
157.0
103.7
177.7

111 2
122.1
134.7
144.9
111.0
203.6
117.5
111.0
127.5
104.2
106.0
108.1
101.5
91.3
116.4
104.3
138.9
103.8
152.5

110.8
123.0
134.5
143.5
108.9
203.3
119.5
112.8
128.5
106.2
108.1
107.3
102.7
93.5
117.6
106.7
122.7
103.2
130.2

121.8
139.7
164.5
248.6
113.0
141.5
150.5
119.3
72.5
82.9
130.4

123.1
141.8
167.2
256.1
114.8
142.8
154.9
120.8
71.5
82.3
141.1

124.0
143.1
169.8
261.9
114.2
145.3
161.0
120.7
70.9
82.4
145.3

125.0
144.7
172.2
268.1
114.2
150.3
172.3
119.9
69.8
87.4
139.7

125.6
145.7
175.2
274.3
115.7
144.6
161.1
121.4
69.1
88.6
141.4

123.6
141.3
166.4
251.6
113.2
147.0
158.6
118.8
73.2
94.2
136.9

121.3
138.3
162.2
239.4
112.5
141.2
147.5
117.5
73.3
95.0
123.7

120.4
137.1
162.7
242.4
114.2
129.5
126.0
116.8
73.6
94.1
108.4

120.2
137.9
163.3
248.1
110.8
139.4
150.8
116.5
71.4
86.6
121.1

123.0
142.2
167.1
257.1
113.3
150.0
172.7
119.8
69.9
82.5
131.6

124.4
144.4
171.0
267.0
114.9
149.0
170.9
121.4
69.2
80.6
139.0

103.5
98.6
106.7

104.3
99.5
107.5

105.4
101.3
108.1

105.2
100.1
108.6

105.0
99.1
108.9

105.8
100.3
109.5

106.2
101.4
109.4

103.6
98.6
106.9

102.2
95.6
106.7

101.5
93.0
107.1

101.7
94.9
106.2

102.7
97.8
105.9

40.8

112.8

113.9

115.5

115.8

116.3

117.2

113.5

113.9

114.0

115.1

117.1

117.4

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

21.3
4.2
8.3
8.9
3.1
9.2
1.1
2.0
4.0
2.1
10.2
6.5
3.8

117.5
116.0
127.0
110.3
112.9
114.1
104.0
113.2
117.2
115.1
103.0
98.2
112.6

119.1
120.4
127.5
111.6
114.7
115.3
103.7
115.2
119.1
114.9
103.1
97.6
113.8

121.5
125.7
128.6
113.6
117.6
116.6
102.1
115.2
119.9
120.2
103.2
97.5
114.5

122.1
126.4
130.8
113.1
115.9
115.6
103.1
114.7
119.9
115.4
104.3
97.3
118.0

122.6
127.6
132.2
112.4
115.7
116.0
103.6
116.1
120.2
115.1
104.9
98.7
117.2

124.0
128.0
134.4
113.5
116.4
116.7
104.5
117.7
120.2
116.1
105.1
99.5
116.1

118.9
118.8
127.1
112.2
112.7
116.6
106.7
114.2
118.2
121.4
100.7
96.6
108.9

119.3
121.6
128.0
111.1
113.8
115.0
101.9
116.2
119.5
112.9
102.7
98.2
111.7

119.9
121.4
130.8
110.1
113.7
111.1
94.1
111.6
116.9
109.3
105.6
99.4
117.8

118.7
120.7
129.9
108.4
113.0
114.5
103.2
116.5
117.7
113.2
108.8
100.8
124.6

122.2
127.9
132.0
111.6
118.2
117.0
105.0
118.4
121.6
114.1
107.4
101.2
119.6

124.0
129.0
134.5
113.1
118.3
116.9
106.1
117.7
120.4
115.8
105.2
99.3
116.8

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

97.2
95.2
97.7

97.0
94.8
95.3

111.5
111.3
108.8

112.2
111.8
109.6

113.2
112.7
110.6

113.5
113.0
110.9

113.9
113.3
111.4

114.7
114.2
111.8

113.0
112.7
110.5

111.7
111.3
109.2

111.6
111.1
108.5

112.1
111.6
109.4

113.2
112.6
110.9

113.6
113.0
111.1

Consumer goods excluding:
Autos and trucks
Energy

24.8
23.8

24.3
23.2

108.8
108.6

108.6
109.0

108.7
109.8

109.0
109.8

109.4
111.2

109.9
111.3

110.3
113.4

107.3
108.1

107.1
103.8

109.0
104.6

108.9
108.0

108.5
109.4

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.2
11.3

14.7
12.2

137.5
120.2

138.7
121.3

140.6
122.5

141.5
123.1

142.3
123.9

144.4
124.1

139.9
122.8

137.5
121.3

138.1
119.4

136.8
119.3

139.6
122.9

142.2
123.8

Materials excluding:
Energy

29.5

30.6

116.5

118.0

120.0

120.1

120.6

121.7

118.2

118.0

117.2

117.4

120.6

121.9

Products, total
Final products

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

Mar.P

SPECIAL AGGREGATES




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1992Q4
to
1993Q4

Seasonallyadjusted
annual rate
1993
1994
Q2
Q3
Q4r
Q1P

Seasonal Iv ad i ustec
L
1993 1994
Dec/
Jan/
Feb/ Mar.P

Not seasonally adjusted
1993 1994
Dec/
Jan/
Feb/ Mar.P

Mar. 93
to
Mar. 94

4.2

2.3

2.8

6.7

7.7

1.0

.4

.6

.5

-.6

1.0

1.5

.4

5.1

3.9
3.8

1.6
1.3

3.3
2.9

6.1
6.3

7.0
8.0

.8
.7

.4
.6

.7
.9

.3
.1

-1.1
-1.0

1.0
1.6

1.3
1.6

.4
.3

4.6
4.7

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

1.8
9.1
12.6
17.5
14.1
20.8
4.6
5.9
13.9
4.7
1.7
-.2
-1.1
-1.7
.8
.6
2.0
2.0
2.0

-2.0
-4.3
-10.0
-16.7
-10.0
-22.9
3.0
1.1
.5
4.9
-.7
-1.4
-3.2
.9
4.6
3.9
-9.7
-2.8
-12.1

2.0
-3.5
-16.6
-27.8
-43.8
-8.4
4.9
9.5
33.5
5.2
-1.3
3.6
2.5
-6.6
4.3
-2.7
21.5
1.4
29.5

3.7
31.0
68.6
123.5
136.2
112.6
5.0
4.8
10.6
.0
3.9
-3.1
-3.7
-.1
-5.0
-.1
-3.3
20.1
-10.5

6.1
17.3
44.3
58.6
68.4
50.1
20.5
-4.4
-25.3
5.0
6.0
2.9
1.2
.3
6.8
1.1
6.4
-10.3
13.1

.4
2.0
3.9
5.3
3.6
6.8
1.4
.2
-.1
.3
.4
-.1
.5
.8
-.2
-.7
-1.8
-1.8
-1.9

.5
.7
2.6
2.3
3.2
1.6
3.2
-1.2
-6.5
1.0
1.0
.4
-.6
-1.2
.9
.0
4.4
-3.3
7.1

1.0
2.8
5.9
8.6
8.5
8.8
.6
-.3
-.4
.4
-.7
.5
.8
-.2
1.1
.7
-1.4
2.9
-2.7

-.2
-2.3
-AJ
-7.1
-4.5
-9.5
.1
.3
-.9
.9
.8
.5
.8
1.7
.6
1.4
-2.2
.3
-3.1

-1.2
-7.7
-10.3
-14.2
-13.4
-15.0
-3.0
-5.2
-11.3
-4.1
-2.0
.8
-4.0
-2.2
-2.3
1.2
22.2
-.9
31.5

2.8
5.7
14.3
18.7
16.8
20.7
6.8
-1.8
4.1
-3.1
-4.5
2.0
-.2
-4.4
.0
-1.0
16.3
-7.7
23.5

-.4
1.0
8.1
.7
11.2
-.1
15.4
-1.0
15.9
-1.9
14.9
-.1
3.3
1.7
5.1
1.6
7.8
.8
8.6
1.9
1.3
2.0
-1.0
-.8
1.1
1.2
3.8
2.4
.7
1.1
1.8
2.3
-11.5 -11.7
.1
-.6
-14.2 -14.6

2.4
8.4
15.3
19.8
16.8
22.9
7.5
2.1
-1.1
5.1
2.5
.7
.5
-.3
1.9
1.0
-.2
3.1
-1.4

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

6.4
9.9
15.6
33.9
4.2
1.7
18.1
10.6
-9.5
-.6
14.4

6.0
9.9
20.6
44.1
6.4
-12.5
-11.9
10.5
-8.9
-&2
-20.2

4.1
5.5
15.3
31.4
4.4
-25.3
-28.3
15.3
-8.9
51.2
22.1

9.8
13.8
14.9
35.5
.2
44.5
121.1
5.9
-9.7
-12.5
58.4

10.5
14.4
20.6
34.8
4.6
20.1
52.4
2.9
-12.0
11.1
35.8

1.1
1.5
1.7
3.0
1.6
.9
2.9
1.3
-1.4
-.8
8.2

.7
.9
1.6
2.2
-.5
1.7
4.0
-.1
-.8
.1
3.0

.8
1.1
1.4
2.4
.0
3.4
7.0
-.7
-1.5
61
-3.8

.5
.7
1.7
2.3
1.3
-3.8
-6.5
1.3
-1.1
1.3
1.2

-.8
-.8
.3
1.3
1.5
-8.3
-14.6
-.6
.4
-.9
-12.4

-.1
.5
.4
2.4
-3.0
7.7
19.7
-.3
-3.0
-8.0
11.7

2.3
3.1
2.3
3.6
2.3
7.6
M5
2.8
-2.1
-4.7
8.6

1.2
1.6
2.4
3~9
1.5
-.7
-1.0
1.3
-.9
-2.4
5.6

7.9
10.8
18.0
35.8
4.1
2.2
18.6
8.4
-10.1
21.1
24.5

4.1
5.9
3.0

2.7
1.3
3.6

4.6
8:0
2.6

5.3
11.0
1.9

3.7
.3
5.8

1.0
1.8
.6

-.2
-1.1
.4

-.2
-10
.3

.8
1.1
.5

-1.3
-3.1
-.2

-.8
-2.7
.4

.3
2.1
-.8

.9
3.0
-.3

4.3
5.5
3.6

4.8

3.3

2.2

7.6

8.7

1.3

.3

.4

.8

.2

.9

1.7

.2

5.8

8.2
12.5
9.4
5.2
5.5
3.8
-.5
4.1
4.4
4.6
-1.0
-2.8
2.2

4.7
-3.2
11.2
2.8
.2
5.3
.9
9.4
6.8
1.2
-1.3
4.9
-11.3

4.7
-1.0
8.2
4.1
-.8
.5
1.4
-10.2
3.9
4.5
-1.4
-10.1
16.0

13.2
37.6
9.5
6.4
12.9
4.9
-6.0
8.5
4.3
9.0
-1.3
-1.5
-.9

12.4
23.8
15.8
4.1
3.2
2.5
1.9
5.9
4.6
-4.0
6.6
3.0
12.8

2.0
4.4
.8
1.8
2.5
1.2
-1.5
-.1
.7
4.7
.2
-.1
.6

.6
.5
1.7
-.5
-1.4
-9
.9
-.4
.0
-4,0
1.0
3.1

.4
.9
1.1
-.6
-.2
A
.5
1.2
.3
-.3
.7
1.5
-.7

1.1
.3
1.6
1.1
.6
.6
.9
1.4
.0
.8
.2
.8
-.9

.5
-.2
2.2
-.8
-.1
-3.4
-7.7
-3.9
-2.1
-3.2
2.8
1.2
5.5

-1.0
-.5
-.7
-1.5
-.6
3.1
9.7
4.4
.7
3.5
3.0
1.4
5- 7

3.0
6.0
1.6
2.9
4.5
2.2
1.7
1.7
3.3
.8
-1.3
.4
-4.0

1.5
.9
1.9
1.4
.1
-.1
1.1
-.6
-.9
1.5
-2.0
-1.9
-2.3

9.4
13.4
12.1
5.0
5.1
3.5
-.1
3.8
4.5
3.2
.5
.3
1.0

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

3.8
3.6
3.0

2.9
3.1
.7

3.9
4.1
1.6

4.3
3.3
5.3

6.3
5.7
6.3

.9
.8
.9

.3
.2
.3

.3
.3
.5

-1
-.2
-.7

.4
.5
.9

1.0
.9
1.3

.4
.4
.2

4.7
4.4
3.7

Consumer goods excluding:
Autos and trucks
Energy

.8
1.8

-.9
-1.1

4.4
-.2

-1.8
4.6

2.6
6.1

.0
•7

.3
.0

.4
1.3

.4
.1

-.2
-4.0

1.7
.8

-.1
3.2

-.4
1.3

1.1
2.7

Business equipment excluding:
Autos and trucks
Computer and office equipment

9.2
3.5

12.1
1.6

8.8
-1.6

7.7
7.4

113
8.0

1.4
1.0

.6
.4

.6
.7

1.5
.1

.4
-1.6

-1.0
-.1

2.1
3.0

1.8
.8

10.2
3.8

Materials excluding:
Energy

6.9

4.9

3.4

10.6

9.4

1.7

.1

.4

1.0

-.7

.2

2.8

1.0

7.6

Total index
Products, total
Final products

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

-.$

SPECIAL AGGREGATES

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




5

.7 \
.8
.4

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Proportion
in Total IP

I

Index. 1987=100
I
1993
Mar.P
Oct.

SeasonallvAdiusted
1994
Nov. Dec.1" Jan.1" Feb.1"

Not seasonally adjusted
1994
Nov. Dec/
Jan.1" Feb/

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

24
25
32

100.0

1.11.9

112.8

114.0

114.4

115.0

115.6

113.8

112.2

111.6

112.7

114.3

114.7

84,9

112.9

114.0

115.4

115.5

116.3

117.0

116.1

113.6

111.5

111.5

114.3

115.7

27.1
57.1

Total index

1993

84.3

SIC

1987
100.0

Item

1993
Oct.

26.3
58.6

108.5
115.0

109.9
116.0

111.3
117.4

110:6
117.9

110.6
119.0

111.6
119.6

110.9
118.5

109.6
115.4

106.8
113.7

107.3
113.5

110.2 111.3
116.3: 117.8

46.5
2.1
1.5
2.4

47.9
1.9
1.4
2.1

116.2
104.6
104.8
99.7

118.0
104.9
104.2
100.5

120.1
105.2
106.3104.6

120.4
104.9
105.2
100.5

121.3
104.1
105.9
100.0

121.9
104.4
106.7
102.1

119.2
108.6
106.1
104.5

117.5
102.5
104.1
101.1

116.3
97.2
104.9
98.2

116.3
99.5
100.6
93.8

120.1
102.2
105.3
95.7

121.9
104.3
106.0
99.0

Mar.P

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

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.3
4.9

106.1
113.3
107.2
96.2
100.7

109.8
114,4
106.2
103.5102.1

113.0
119.1
110.9
104.5
102.6

110.4
115.6
102.0
103.4
103.6

110.4
116.1
105.8
102.5
103.1

111.0
116.5
105.8
103.4
104.2

107.0
114.2
107.9
97.1
102.3

108.6
113.7
104.0
101.7
102.1

107.0
112.0
104.1
100.0
101.4

108.3
112.9
102.5
101.9
98:9

113.3
119.5
1093
104.7
101.5

113.4
118.7
108.8
106.0
103.6

8.5
23
6.9

11.1
4.7
8.0

150.3
241.8
131.4

152.0
248.6
132.1

155.7
256.1
134.3

157.0
261.9
134.7

158.2
268.1
136.0

161.3
274.3
137.8

152.6
251.6
133.7

148.3
239.4
133.8

150.3
242.4
134.1

150.4
248.1
132.4

155.3
257.1
135.5

159.8
267.0
137.8

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

9.9
4.8
2.5
5.1
5.1
1.3

9.3
5.2
26
4.1
4.8
1.2

104.2
124.1
120.8
85:5
102.7
109.6

108.3
132.4
131J
85.7
102.4
110.1 r

110.7
138.5
138.4
84.5
102.3
110.3

111.8
141.7
141.8
83.8
103.3
110.7

114.9
149.4
154.0
82.5
103.3
110.0

111.6
143.1
143.6
82.0
103.8
111.0

109.9
134.8
139.4
86.6.
103.7
113.7

108.2
130.9
130.0
86.8
103.0
113.8

103.8
121.5
111.7
87.1
102.4
111.4

108.1
133.8
132.4
84.0
101.6
107.0

114.6
149.0
152.8
82.4
101.9
107.2

114.2
148.4
151.2
82.1
102.2
110.0

21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

37,0
8.6
8
1.8
2,0
3.7

108.8
109.0
86.4
107:7
92.1
112.7,

109.1
108.4
83,3
108.0
92.6
114.5

109.7
109.0
84.3
107.4
93.1
115.5

109.6
108.5
84.9
108.0
92.3
114.1

110.1
109.5
84.0
108.1
92.1
115.7r.

111.0
110.2
85.6
109.2
94.0
117.4

112.3
414.9
97.2
112.3
93.7
115.9

108.7
108.9
82.3
106.2
93.6
113.7

105.5
106.3
66.5
97.5
92.6
109.3

105.5
103.5
86.7
101.8
88.5
115.6

107.2
104.3
86.7
106.9
90.5
117.9

108.2
105.6
86.5
108.9
92.8
118.1

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

6.0
9.3
1.3
3.4
.2

101,6
117:8
108.2
116,5
83.9

101.7
118.8
107.8
117.8
83.5

101.9
119.3
107.1
119.3
85.1

101.9
120.0
104.6
120.2
84.8

102.3
120.5
105.5
120.2
83.6

102.9
121.0
106.1
121.4
83.6

104.8
119.2
109.6*
119.1
85.8

101.6
116.5
109.7
117.7
85.6

99.2
114.1
106.3
116.8
85.4

96.3
1-15.1
97.6
118.1
82.9

97.6
117.1
98.0
120.3
82.0

98.4
117.8
99.6
121.3
82.1

8lo
.3
1.2
5,8
.7

7*0
.5
V.2
4.8
.6

98.0
175.8
104.4
92.6
94.1

96.9
168.5
101.1
91.8
98,2

96.9
177.3
104.7
90.9
93.9

96.9
176.5
104.0
91.0
94.9

98.7
173.5
114.4
91.4
95.5

99.7
174.2
118.1
91.9
95.9

99.5
169.9
108.5
93.5
99.9

99.4
168.9
103.8
94.5
99.7

97.8
168.7
99.9
94.2
89.8

97.3
168.7
104.4
93.7
80.3

99.0
177.1
118.3
92.3
82.5

99.2
173.7
120.1
91.7
87.9

7.7
6.1
1.6

8.1
6.3
1.7

114.9
113.7

116/1
115,2
119^

115.8
115,5
117,0

119.9
119,1
123:0

118.5
117.6
121;5

116.3
115.5

103.7 111.3
107.2^ 108.0
11p.2i 90.8; 123.5

127.4
116.9
166.4

142.0
125.5
203.0

130.3
116.8
180.3

120.1
110.1
156.8

110.9
107.7

110.1
107.6

112.2
110.3

113.8
111.4

11.6
12.8
6.4 . 7:0
5:3:
5.7
5.0
5.4
&3
0.3

14.5
7.9
6.6
6.2
0.4

37
371
372-6,9
38
39

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

20

Printing and publishing
Chemicals arid products
Petroleum products
Rubber and plastics products
Leather and products
Mininq
Metalmining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

10
12
13
14
491,3pt
492,3pt

1193

Manufacturing excluding:
Motor vehicles and parts
Computer anci office equipment

r

if

SPECIAL AGGREGATES

...J,
^

Memo: Motor vehicle assemblies1
Total
Autos
Trucks
?
Light
Heavy and medium

79.5
81.9

7&7
80.2

112.2. 112<3
109|2 11XX2

./
114:0
111.4

f

.

114.0 114.3: 115.4 •114.9; 112.5
111,4-112.0: 112.5 112.2 110.0

*
11.0
5.9
5.2
4.8
0,3

12.0
6.6
5.4
5.1
0.3

12.5
6.8
5.7
5.5
0.3

12.8
7.0
5.9
5.5:
0.3'

13.9
7.6
6.3?
6.0~
0.3

13.0
7.2

£.7
5.4
0.3

12.3
12.0
6.6:
6.6
5.7'
5.4
5.4
5.1
0.3 5 0.3

10*8
6.0
4.8
4.5
Q.3

1. Millions of units at an annual rate.
Note-—Primary processing manufacturinc] include s textile mill pro ducts, paper and products, indus trial che micals .U
svnthetic materials, and fertilizers
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. >
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing,: chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery,, transportation
equipment, instruments, and miscellaneous manufactures.




£

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

SIC

1992Q4
to
1993Q4

Seasonal lyadjustecI
annual rate
1993
1994
Q2
Q3
Q4r
Q1P

Seasonally adjusted
1993 1994
Dec.r Jan.r Feb/ Mar.P

Not seasonally adjusted
1993 1994
Dec.r
Jan.r Feb/ Mar.P

Mar. 93
to
Mar. 94

Total index

4.2

2.3

2.8

6.7

7.7

1.0

.4

.6

.5

-.6

1.0

1.5

.4

5.1

Manufacturing

5.0

3.3

2.4

8.4

7.8

1.2

.1

.7

.6

-1.8

.0

2.6

1.2

5.8

5.0
5.0

3.4
3.2

2.6
2.3

8.6
8.3

3.9
9.6

1.2
1.2

-.6
.4

.0
.9

.9
.5

-2.5
-1.5

.4
-.2

2.7
2.5

1.0
1.3

5.1
6.2

7.7
5.0
5.8
5.3

4.2
-7.0
4.2
7.0

3.6
11.7
9.8
4.4

14.4
17.6
1.8
10.7

11.0
-1.8
3.2
-2.8

1.8
.3
2.0
4.1

.3
-.3
-1.0
-3.9

.8
-.8
.7
-.5

.5
.3
.8
2.1

-1.0
-5.2
.8
-2.8

.0
2.4
-4.1
-4.5

3.3
2.7
4.6
2.0

1.4
2.1
.7
3.5

8.4
6.0
4.6
5.6

7.5
9.4
5.9
4.7
5.6

.2
1.4
5.2
-1.6
1.8

5.9
9.9
4.6
-.2
3.8

11.4
12.1
6.7
10.4
9.4

3.7
1.7
-12.5
6.8
7.4

2.9
4.2
4.5
.9
.5

-2.2
-3.0
-8.0
-1.1
1.0

.0
.5
3.7
-.8
-.5

.5
.4
.0
.8
1.0

-1.5
-1.4
.1
-1.6
-.7

1.2
.8
-1.6
1.8
-2.4

4.6
5.8
6.6
2.8
2.6

.1
-.6
-.4
1.2
2.1

6.4
7.7
2.5
4.5
5.5

17.4
33.9
10.9

22.2
44.1
10.4

16.6
31.4
12.5

15.7
35.5
9.4

17.1
34.8
11.2

2.4
3.0
1.6

.8
2.2
.3

.7
2.4
.9

2.0
2.3
1.3

1.4
1.3
.2

.0
2.4
-1.3

3.3
3.6
2.3

2.9
3.9
1.7

17.8
35.8
10.9

372-6,9
38
39

3.6
16.6
17.0
-10.8
-2.8
2.1

-10.7
-11.5
-16.0
-9.7
-1.9
3.7

-16.1
-19.1
-29.7
-12.4
-2.9
-.8

38.6
91.4
124.8
-9.5
-5.7
2.6

20.1
45.8
59.6
-11.0
3.9
2.0

2.2
4.6
5.1
-1.3
-.1
.2

1.0
2.2
2.4
-.9
.9
.3

2.7
5.4
8.6
-1.5
.0
-.6

-2.8
-4.2
-6.8
-.6
.5
.9

-4.1
-7.2
-14.1
.3
-.6
-2.0

4.1
10.1
18.5
-3.6
-.8
-4.0

6.1
11.4
15.5
-1.9
.3
.2

-.4
-.4
-1.1
-.3
.3
2.6

5.5
18.6
19.5
-10.7
-1.3
1.8

20
21
22
23
26

1.5
.6
-15.5
1.6
-1.7
5.6

2.2
-.7
-23.6
4.8
-2.0
10.3

.9
3.3
-4.4
-1.7
-2.1
-5.0

1.0
-1.3
-25.1
-1.0
-1.5
9.2

3.8
2.1
1.0
2.8
.7
5.4

.5
.5
1.3
-.6
.5
.9

-.1
-.4
.7
.6
-.9
-1.2

.5
.9
-1.1
.1
-.3
1.4

.8
.7
1.9
.9
2.1
1.4

-2.9
-2.4
-19.2
-8.2
-1.0
-3.9

.0
-2.6
30.5
4.5
-4.5
5.8

1.6
.8
-.1
5.0
2.3
2.0

.9
1.2
-.3
1.8
2.6
.2

2.6
1.7
-9.4
1.8
.7
5.4

27
28
29
30
31

1.2
2.3
2.6
4.8
-3.4

2.2
5.5
.4
2.9
-7.9

-1.9
2.8
-.1
6.8
-7.9

2.2
.2
15.0
2.8
2.8

2.4
6.4
-8.3
9.6
-.9

.3
.4
-.7
1.3
1.9

-.1
.5
-2.3
.8
-.4

.4
.4
.9
.0
-1.5

.6
.5
.6
1.0
.1

-2.3
-2.1
-3.1
-.8
-.2

-3.0
.9
-8.2
1.1
-2.9

1.3
1.8
.4
1.8
-1.1

.9
.6
1.7
.9
.1

1.8
3.4
1.9
6.5
-3.7

10
12
13
14

-.8
6.5
-3.2
-1.3
2.0

.4
5.1
-2.6
1.8
-9.1

-2.9
-17.6
-12.7
.1
7.5

2.1
36.3
8.6
-3.0
7.2

4.7
2.1
38.5
-1.5
.1

.0
5.3
3.5
-.9
-4.3

.0
-.4
-.6
.1
1.1

1.8
-1.7
10.0
.4
.6

1.0
.4
3.2
.6
.4

-1.6
-.1
-3.8
-.3
-9.9

-.5
.0
4.5
-.6
-10.6

1.8
5.0
13.3
-1.4
2.8

.1
-1.9
1.5
-.7
6.5

2.9
6.8
13.3
.0
2.7

491,3pt
492,3pt

.9
.4
2.8

-6.4
-1.4
-22.7

12.6
11.7
16.1

-6.5
-10.4
9.5

9.4
9.3
9.5

-.2
.3
-2.0

3.5
3.1
5.1

-1.2
-1.2
-1.3

-1.8
-1.8
-1.9

14.5
8.2
34.7

11.4
7.3
22.0

-8.2
-6.9
-11.2

-7.8
-5.7
-13.1

-.9
-.3
-2.7

4.3
3.6

4.4
1.5

3.9
.9

4.4
6.9

5.5
6.3

1.0
1.1

.0
.0

.3
.5

1.0
.5

-1.5
-2.0

-.7
-.2

1.9
2.5

1.4
1.1

5.0
4.2

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

24
25
32

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Industrial machinery
and equipment
35
Computer and office equip.
357
Electrical machinery
36
Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous

37
371

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

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




Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1993
Proportion

19671993
Ave.

1973
High

19781980
High

1982
Low

19881989
High

19901991
Low

1993
Mar.

1993
Oct.

Nov.

Dec.r

1994
Jan.r

Feb.1"

Mar.P

Total industry

100.0

81.9

89.2

87.3

71.8

84.8

78.1

81.2

81.7

82.2

82.9

83.1

83.4

83.6

Manufacturing

85.9

81.2

88.9

87.3

70.0

85.1

76.7

80.1

80.8

81.5

82.3

82.2

82.5

82.8

25.5
60.4

82.2
80.6

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

78.0
76.0

83.2
78.9

84.4
79.3

85.5
79.8

86.4
80.6

85.8
80.7

85.8
81.2

86.4
81.3

49.4
1.7
1.4
2.3

79.0
83.1
81.7
77.9

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73.8
76.2
71.6
71.6

78.2
85.9
79.4
75.4

79.6
90.9
80.8
77.2

80.6
91.0
80.3
77.8

81.9
91.3
81.8
80.8

81.9
90.9
80.9
77.6

82.2
90.1
81.3
77.2

82.3
90.4
81.8
78.7

333-6,9
3331
3334

3.0
1.8
0.1
1.2
0.0
0.1

80.1
79.8
79.2
80.9
72.4
89.2

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74.4
72.2
71.4
75.8
73.6
97.3

84.4
84.7
83.2
84.1
87.7
90.9

86.5
89.6
87.5
81.8
79.0
85.2

89.5
90.6
86.8
88.0
81.5
83.0

92.2
94.5
90.8
88.9
86.3
82.8

90.2
91.7
83.6
87.9
86.8
82.3

90.2
92.2
86.7
87.2
86.4
81.2

90.7
92.5
86.7
87.9
80.3

34

5.1

77.2

87.8

83.9

62.9

82.0

72.0

76.4

77.9

79.0

79.4

80.2

79.8

80.7

35
357
36

10.9
4.7
7.9

80.8
80.5
80.4

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

83.7
84.4
84.9

71.4
63.4
77.3

79.9
77.4
81.5

84.7
85.8
83.6

85.3
87.3
83.7

87.0
89.0
84.8

87.1
89.7
84.6

87.0
90.2
84.9

88.0
90.7
85.5

37
371

74.9
75.7

83.8
93.4

372-6,9
38
39

10.4
5.4
2.7
5.0
5.3
1.3

75.5
82.0
75.6

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70.5
57.3
53.7
78.5
76.1
72.9

74.0
79.1
80.8
68.6
75.3
75.3

72.4
79.7
79.6
64.3
72.9
75.0

75.2
84.8
86.6
64.5
72.6
75.3

76.7
88.5
90.7
63.7
72.4
75.3

77.4
90.2
92.5
63.3
73.0
75.4

79.5
94.7
100.0
62.4
72.9
74.9

77.1
90.4
92.7
62.2
73.3
75.5

20
22
23
26
261-3
27

36.4
8.8
1.6
2.0
3.3
1.5
5.9

83.5
82.3
86.2
81.1
89.7
92.2
86.5

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80.4
80.8
78.5
74.9
86.3
90.2
78.5

82.8
80.4
90.5
80.0
89.8
93.0
82.0

82.5
79.8
90.0
79.2
90.1
92.2
82.1

82.6
79.2
90.0
79.8
91.4
93.5
82.1

82.9
79.5
89.4
80.3
92.1
93.2
82.3

82.7
79.0
89.8
79.6
90.9
93.2
82.2

83.0
79.4
89.7
79.4
92.0
94.0
82.4

83.5
79.8
90.4
81.1
93.2

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

9.4
0.8
0.4
1.1
3.3
0.2

80.0
85.5
84.8
85.5
83.6
81.9

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

79.4
75.3
76.6
84.5
78.3
76.4

81.0
87.1
86.6
89.8
82.9
82.6

80.4
84.4
82.6
93.6
83.3
81.6

81.0
85.2
84.8
93.3
84.0
81.5

81.2
90.3
82.3
92.7
84.9
83.3

81.4
87.3
87.7
90.5
85.3
83.3

81.6

81.8

87.1
91.4
85.1
82.4

92.0
85.8
82.7

10
12
13
138
14

6.6
0.5
1.2
4.3
0.5
0.6

87.4
78.3
87.0
88.3
72.5
83.8

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86.8
80.0
82.9
87.8
53.0
77.9

86.8
85.5
80.8
89.5
56.5
79.4

88.4
91.3
80.5
91.3
70.8
80.1

87.5
87.4
77.9
90.6
68.5
83.5

87.5
91.9
80.6
89.9
68.5
79.9

87.5
91.3
80.0
90.1
69.1
80.8

89.2
89.6
87.9
90.5
73.6
81.3

90.1
89.8
90.6
91.2
74.9
81.6

491,3pt
492,3pt

7.6
5.8
1.7

86.7
88.8
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.1
86.3
68.3

87.9
88.8
85.1

85.6
86.5
82.7

86.4
87.5
82.9

86.2
87.6
81.3

89.1
90.2
85.4

87.9
89.0
84.4

86.2
87.2
82.8

item

SIC

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass prod ucts
Primary metals
Iron and steel
Raw stee
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill, products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

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

24
25
32

33
331,2

82.9

1. Series begins in 1977.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastic products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced
processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals,
leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation equipment,
instruments, and miscellaneous manufactures.




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MIMING, AND UTILITIES

Jtem

_

SIC

,._.
Percent change
December to December
AnnuaTrate™^"^!]
1967- 1967- 19751993 1975 1993
Ave.
Ave.
Ave. 1989 1990 1991 1992

Capacity indexes
Percent of 1987 output
1993

1993
Mar.

1993
Oct.

Nov.

Dec.

1994
Jan.

Feb.

Mar.

Total industry

2.8

3.7

2.4

1.9

1.9

1.6

1.7

1.9

135.5 I 137.0

137.2

137.4

137.7

138.0

138.3

Manufacturing

3.2

3.9

2.9

2.4

2.1

1.9

2.0

2.2

137.9

139.7

140.0

140.2

140.5

140.9

141.3

2.1
3.8

4.0
3.9

1.2
3.7

1.9
2.6

1.7
2.2

1.1
2.2

1.0
2.4

1.1
2.7

127.7
142.8

128.5
145.0

128.6
145.4

128.7
145.7

128.9
146.1

129.0
146.6

129.2
147.0

3.4
1.7
3.0
1.4

3.7
2.9
4.5
2.5

3.3
1.1
2.3
.8

2.4
1.0
2.7
.4

2.0
.6
2.2
.7

1.8
.1
.6
.3

2.2
.3
.8
1.0

2.6
.7
1.4
1.1

143.8
114.7
128.6
128.2

146.0
115.1
129.6
129.1

146.3
115.2
129.8
129.2

146.7
115.3
129.9
129.4

147.1
115.3
130.1
129.5

147.6
115.4
130.2
129.6

148.1
115.5
130.4
129.7

333-6,9
3331
3334

-.2
-1.0
-1.2
1.2
-.2
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.1
-1.8
-2.0
.1
-1.2
-.5

1.4
2.1
1.7
.2
2.4
1.2

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

-1.1
-1.4
-1.7
-.7
.3
.6

-1.5
-2.4
-2.3
.0
4.1
.3

-1.1
-1.8
-2.0
-.1
1.7
.5

123.5
127.8
124.0
117.7
137.6
124.5

122.7
126.5
122.5
117.6
138.9
124.9

122.6
126.3
122.3
117.6
139.0
124.9

122.5
126.1
122.1
117.6
139.2
125.0

122.4
126.0
122.0
117.6
139.3
125.0

122.4
126.0
122.0
117.5
139.4
125.0

122.4
126.0
122.0
117.5
139.4
125.0

34

1.5

3.1

.8

.5

.3

-.1

-.2

-.2

129.4

129.2

129.2

129.2

129.2

129.2

129.2

35
357
36

6.5
20.1
5.2

4.7
12.0
6.1

7.4
24.3
4.7

2.5
8.7
4.3

4.9
15.8
3.5

5.4
14.2
2.6

5.2
13.3
2.9

6.0
14.0
5.2

171.4
260.9
152.4

177.4
281.7
157.1

178.2
284.7
157.7

179.0
287.6
158.4

180.2 181.7
291.8 297.2
159.2 160.3

183.2
302.5
161.3

37
371

2.6
3.1

3.0
4.5

2.4
2-5

372-6,9
38
39

1.9
5.2
2.1

1.3
7.6
4.4

2.3
4.0
1.0

3.0
3.2
2.0
2.7
2.9
1.4

.8
1.0
.7
.6
1.2
1.6

.8
1.8
1.0
-.1
1.3
1.7

2.1
3.7
5.1
.5
1.4
1.7

1.2
3.5
3.5
-1.2
1.5
1.6

142.9
152.5
148.7
133.9
139.7
144.8

143.9
155.7
151.7
133.0
140.9
146.1

144.1
156.1
152.1
132.8
141.1
146.3

144.2
156.5
152.6
132.7
141.3
146.5

144.4
157.1
153.2
132.5
141.4
146.7

144.6
157.8
154.0
132.2
141.6
146.9

144.8
158.4
154.8
131.9
141.7
147.1

20
22
23
26
261-3
27

2.9
2.6
2.0
1.2
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.4
.9
.7
2.1
2.1
3.2

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.4
1.6
.1
3.0
2.8
2.9

1.9
2.2
.9
-.6
2.4
3.0
1.5

1.7
2.5
1.0
-.8
1.7
1.9
.7

1.7
2.5
1.8
-.8
1.6
1.7
.7

130.7
134.7
118.5
116.7
124.0
121.4
123.3

132.0
136.6
119.7
116.2
125.1
122.6
123.7

132.1
136.9
119.9
116.1
125.3
122.8
123.8

132.3
137.2
120.1
116.0
125.4
123.0
123.9

132.5
137.5
120.3
116.0
125.6
123.1
124.0

132.7
137.8
120.5
115.9
125.8
123.3
124.1

133.0
138.1
120.7
115.8
125.9
123.5
124.2

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

3.8
6.8
4.5
1.5
5.5
-3.4

6.8
12.7
9.7
4.2
8.6
-1.5

2.4
4.0
2.0
.3
4.0
-4.3

3.6
6.4
2.5
-.7
3.8
-3.4

2.4
2.5
1.2
1.0
4.0
-3.5

2.9
2.4
2.8
-1.0
3.3
-3.5

2.6
1.5
6.6
-1.3
3.3
-3.6

2.3
2.9
3.9
-.5
3.0
-3.8

144.5
129.5
131.9
115.9
137.5
105.2

146.5
131.7
134.8
115.6
139.9
102.8

146.8
132.0
135.2
115.6
140.2
102.5

147.0
132.3
135.6
115.5
140.6
102.2

147.3
132.7
136.0
115.5
140.9
101.8

147.7
133.0
136.4
115.4
141.2
101.5

148.0
133.3
136.9
115.4
141.6
101.2

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.8

-.1
.7
2.5
-1.0
.8
2.6

.1
1.8
2.5
-.4
.1
.0

-2.0
10.9
2.1
-4.2
-9.7
.3

-1.3
4.8
2.1
-2.9
-9.5
-.2

-.5
1.9
2.1
-1.4
-5.5
-.5

-1.1
1.6
.9
-2.0
-8.2
-.1

-1.1
1.5
1.1
-2.1
-9.4
-.1

111.6
190.9
128.9
102.7
129.4
117.6

110.9
192.5
129.7
101.5
122.1
117.5

110.8
192.7
129.8
101.3
121.1
117.5

110.7
192.9
129.9
101.1
120.0
117.5

110.7
193.3
130.1
101.0
119.2
117.5

110.6
193.6
130.2
100.9
118.7
117.5

110.6
194.0
130.3
100.8
118.2
117.5

491,3pt
492,3pt

3.0
4.1
.3

6.0
7.8
2.3

1.5
2.4
-.7

.7
1.0
.1

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

133.4
130.5
144.0

134.2
131.5
144.0

134.3
131.7
144.0

134.4
131.8
144.0

134.5
132.0
144.0

134.7
132.2
144.0

134.8
132.4
144.0

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

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




24
25
32

33
331,2

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1982
1983
1984
1985
1986

-2.0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
.4
.2

-.6
1.1
.7
.2
.0

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

-.6
1.8
.4
-.3
.5

-.5
1.4
.1
.5
.2

-.7
1.7
-.1
.5
.1

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

-.3
.2
.0
.4
.7

-.9
.5
-.6
1.0
.6

-6.8
5.7
11.2
2.4
2.4

-3.1
11.1
7.7
3.8
-3.4

-6.0
17.8
4.0
.1
1.3

-8.0
11.2
-3.4
1.2
5.8

-4.4
3.7
9.3
1.7
.9

1987
1988
1989
1990
1991

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

1.4
.2
-.5
.5
-1.1

.4
.0
.9
.3
-.8

.5
.8
.0
-.7
.2

.6
-.3
-.3
.7
.9

.9
.0
-.3
.2
.9

.4
.6
-1.0
-.2
.2

.3
.6
.5
.3
.1

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

1.3
.3
-.4
-.5
-.2

.1
.6
.4
-1.3
-.2

.7
.6
.7
-.4
-.3

5.5
3.8
3.9
2.1
-7.8

8.1
3.0
.3
1.1
1.0

5.2
2.9
-4.4
1.6
5.7

6.5
3.0
-.2
-5.2
.3

4.9
4.4
1.5
.0
-1.8

1992
1993
1994

-.3
.2
.4

.8
.6
.6

.5
.1
.5

.7
.4

.4
-.4

-.5
.3

.5
.4

-.3
.2

.1

.9
.6

.7
.8

.6
1.0

.3
5.2
7.7

5.6
2.3

.6
2.8

6.4
6.7

2.3
4.1

Industrial
Production
1982
1983
1984
1985
1986

82.4
80.8
91.0
93.1
96.1

84.2
80.7
90.9
93.8
95.5

83.7
81.3
91.9
94.1
94.6

83.2
82.3
92.4
94.5
94.8

82.7
83.2
93.0
94.7
94.7

82.4
83.7
93.5
94.4
94.3

82.0
85.3
93.9
94.1
94.8

81.6
86.5
94.0
94.5
94.9

81.0
87.9
93.9
95.0
95.0

80.3
88.6
93.2
94.2
95.6

80.0
88.8
93.3
94.6
96.3

79.3
89.2
92.8
95.6
96.8

83.4
80.9
91.3
93.6
95.4

82.8
83.1
93.0
94.5
94.6

81.5
86.6
93.9
94.6
94.9

79.8
88.9
93.1
94.8
96.2

81.9
84.9
92.8
94.4
95.3

1987
1988
1989
1990
1991

96.5
103.2
106.6
105.5
104.2

97.9
103.4
106.2
106.1
103.0

98.2
103.4
107.1
106.4
102.3

98.8
104.3
107.1
105.7
102.5

99.4
104.0
106.7
106.5
103.4

100.3
104.0
106.4
106.7
104.3

100.6
104.6
105.3
106.5
104.5

100.9
105.2
105.8
106.8
104.6

100.7
104.7
105.4
106.8
105.4

102.1
105.0
105.0
106.3
105.2

102.2
105.6
105.4
105.0
105.0

102.8
106.3
106.1
104.5
104.6

97.5
103.3
106.6
106.0
103.2

99.5
104.1
106.7
106.3
103.4

100.8
104.8
105.5
106.7
104.9

102.3
105.6
105.5
105.3
104.9

100.0
104.4
106.0
106.0
104.1

1992
1993
1994

104.3
109.2
114.4

105.2
109.9
115.0

105.6
110.0
115.6

106.4
110.5

106.8
110.0

106.2
110.4

106.8
110.9

106.5
111.1

106.6
111.3

107.5
111.9

108.3
112.8

109.0
114.0

105.0
109.7
115.0

106.5
110.3

106.6
111.1

108.3
112.9

106.5
110.9

Capacity
1982
1983
1984
1985
1986

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116.2
119.4

108.3
111.1
113.7
116.5
119.6

108.6
111.3
113.9
116.8
119.8

108.8
111.6
114.2
117.1
120.0

109.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
120.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120.8

110.0
112.6
115.3
118.4
121.0

110.2
112.8
115.5
118.7
121.2

110.5
113.1
115.7
119.0
121.4

108.1
110.9
113.5
116.2
119.4

108.8
111.6
114.2
117.1
120.0

109.5
112.2
114.8
117.9
120.6

110.2
112.8
115.5
118.7
121.2

109.2
111.9
114.5
117.5
120.3

1987
1988
1989
1990
1991

121.6
124.0
125.8
128.2
130.6

121.8
124.1
126.0
128.4
130.8

122.0
124.3
126.2
128.6
131.0

122.2
124.4
126.4
128.8
131.1

122.4
124.6
126.6
129.0
131.3

122.6
124.7
126.8
129.2
131.5

122.8
124.9
127.0
129.4
131.7

123.0
125.0
127.2
129.6
131.8

123.2
125.2
127.4
129.8
132.0

123.4
125.3
127.6
130.0
132.2

123.6
125.5
127.8
130.2
132.4

123.8
125.6
128.0
130.4
132.6

121.8
124.1
126.0
128.4
130.8

122.4
124.6
126.6
129.0
131.3

123.0
125.0
127.2
129.6
131.8

123.6
125.5
127.8
130.2
132.4

122.7
124.8
126.9
129.3
131.6

1992
1993
1994

132.7
135.0
137.7

132.9
135.3
138.0

133.1
135.5
138.3

133.3
135.7

133.5
135.9

133.7
136.1

133.9
136.3

134.1
136.5

134.3
136.8

134.5
137.0

134.6
137.2

134.8
137.4

132.9
135.3
138.0

133.5
135.9

134.1
136.5

134.6
137.2

133.8
136.2

76.4
73.0
80.4
80.3
80.6

77.9
72.8
80.1
80.7
79.9

77.3
73.2
80.8
80.7
79.1

76.7
73.9
81.1
80.9
79.1

76.0
74.6
81.5
80.9
78.9

75.6
74.9
81.8
80.5
78.4

75.0
76.1
81.9
80.0
78.7

74.5
77.1
81.8
80.2
78.7

73.8
78.2
81.6
80.4
78.7

73.0
78.7
80.9
79.6
79.1

72.6
78.7
80.8
79.7
79.4

71.8
78.9
80.2
80.4
79.8

77.2
73.0
80.4
80.6
79.9

76.1
74.5
81.4
80.7
78.8

74.4
77.2
81.8
80.2
78.7

72.4
78.8
80.6
79.9
79.4

75.0
75.8
81.1
80.3
79.2

1987
1988
1989
1990
1991

79.3
83.2
84.8
82.3
79.8

80.3
83.3
84.3
82.6
78.8

80.5
83.2
84.8
82.7
78.1

80.8
83.8
84.7
82.1
78.2

81.2
83.5
84.3
82.5
78.7

81.8
83.4
83.9
82.5
79.3

81.9
83.8
82.9
82.3
79.4

82.0
84.2
83.2
82.4
79.4

81.8
83.6
82.7
82.3
79.9

82.7
83.8
82.3
81.8
79.6

82.7
84.2
82.4
80.6
79.3

b3.1
84.6
82.8
80.2
78.9

80.1
83.2
84.6
82.5
78.9

81.3
83.6
84.3
82.4
78.8

81.9
83.9
82.9
82.3
79.5

82.8
84.2
82.5
80.9
79.3

81.5
83.7
83.6
82.0
79.1

1992
1993
1994

78.6
80.9
83.1

79.1
81.2
83.4

79.4
81.2
83.6

79.8
81.4

80.0
81.0

79.5
81.1

79.8
81.3

79.4
81.4

79.4
81.4

80.0
81.7

80.4
82.2

80.8
82.9

79.0
81.1
83.3

79.8
81.2

79.5
81.4

80.4
82.3

79.7
81.5

Utilization
1982
1983
1984
1985
1986

•

"

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



10

Table 5B
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA
Seasonally adjusted
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1982
1983
1984
1985
1986

-1.6
2.2
2.3
.1
1.3

2.9
.4
.6
.6
-.4

-.7
1.4
.9
.7
-1.0

-1.0
1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

.0
.8
.6
-.5
-.3

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
-.1
.2
.3

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

-.4
.5
.0
1.3
.5

-.5
.1
-.4
.1
1.0

-4.9
10.4
13.3
1.7
4.6

-2.8
13.8
6.9
5.1
.1

-4.8
17.5
4.7
1.0
3.5

-7.5
12.5
-.3
2.4
7.2

-4.6
5.6
10.4
2.6
2.9

1987
1988
1989
1990
1991

-.6
.2
.8
-.1
-.7

1.7
.1
-.9
.9
-1.1

.5
.2
.6
.4
-.9

.4
.7
.2
-.9
.3

.7
-.1
-.5
.5
.8

.9
.0
-.2
.0
1.0

.4
.5
-1.2
-.3
.3

.0
.4
.4
.5
.2

.2
.0
-.4
-.1
.9

1.0
.1
-.5
-.6
-.2

.4
.9
.3
-1.2
-.3

.6
.6
.2
-.5
.0

6.3
3.6
4.3
3.7
-9.1

8.6
3.3
-.3
.2
.8

5.6
3.0
-5.3
1.0
6.9

6.8
4.4
-1.3
-5.5
1.1

6.0
4.7
1.6
-.3
-2.2

1992
1993
1994

-.4
.5
.1

.9
.4
.7

.5
.2
.6

.7

.4
-.2

-.4
.1

.4
.4

-.1

.1
Q

.9
.7

.8
1.0

.5
1.2

1.2
6.0
7.8

6.1
3.3

.9
2.4

6.5
8.4

3.0
4.6

industrial
Production
1982
1983
1984
1985
1986

76.6
76.2
87.1
89.9
94.0

78.8
76.5
87.6
90.4
93.6

78.2
77.6
88.3
91.1
92.7

77.4
78.3
88.7
91.4
93.5

77.3
79.4
89.1
92.0
93.6

77.2
80.0
89.7
91.5
93.3

76.8
81.2
90.1
91.3
93.9

76.4
82.3
90.3
92.0
94.4

75.9
84.1
90.2
92.3
94.6

75.2
84.7
90.2
91.6
95.3

74.9
85.1
90.2
92.8
95.8

74.5
85.2
89.8
92.8
96.7

77.9
76.8
87.7
90.5
93.5

77.3
79.3
89.2
91.6
93.5

76.4
82.5
90.2
91.9
94.3

74.9
85.0
90.1
92.4
95.9

76.6
80.9
89.3
91.6
94.3

1987
1988
1989
1990
1991

96.2
103.2
107.7
105.5
103.7

97.8
103.4
106.7
106.5
102.6

98.3
103.6
107.3
107.0
101.7

98.7
104.3
107.6
106.0
102.0

99.4
104.2
107.1
106.6
102.8

100.3
104.2
106.8
106.6
103.8

100.7
104.7
105.5
106.3
104.1

100.7
105.1
106.0
106.9
104.3

100.9
105.2
105.6
106.8
105.3

102.0
105.3
105.1
106.2
105.1

102.4
106.2
105.4
104.9
104.8

103.0
106.8
105.6
104.4
104.7

97.4
103.4
107.2
106.3
102.7

99.4
104.2
107.2
106.4
102.9

100.8
105.0
105.7
106.6
104.6

102.5
106.1
105.4
105.1
104.9

100.0
104.7
106.4
106.1
103.7

1992
1993
1994

104.4
109.9
115.5

105.3
110.4
116.3

105.9
110.5
117.0

106.6
111.3

107.1
111.1

106.7
111.2

107.1
111.6

106.9
111.8

107.0
112.1

107.9
112.9

108.8
114.0

109.3
115.4

105.2
110.3
116.3

106.8
111.2

107.0
111.8

108.7
114.1

106.8
111.7

Capacity
1982
1983
1984
1985
1986

103.9
106.7
109.4
113.1
117.6

104.2
106.9
109.7
113.4
117.9

104.4
107.2
110.0
113.8
118.2

104.6
107.4
110.3
114.2
118.5

104.9
107.6
110.6
114.6
118.8

105.1
107.8
110.9
115.0
119.1

105.3
108.0
111.2
115.3
119.3

105.6
108.3
111.5
115.7
119.6

105.8
108.5
111.8
116.1
119.9

106.0
108.7
112.1
116.5
120.2

106.3
108.9
112.4
116.9
120.5

106.5
109.1
112.7
117.2
120.8

104.2
106.9
109.7
113.4
117.9

104.9
107.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

106.3
108.9
112.4
116.9
120.5

105.2
107.9
111.1
115.2
119.2

1987
1988
1989
1990
1991

121.2
124.2
126.6
129.6
132.3

121.5
124.4
126.9
129.8
132.5

121.7
124.6
127.1
130.0
132.7

121.9
124.8
127.4
130.3
132.9

122.2
125.0
127.6
130.5
133.1

122.4
125.2
127.9
130.7
133.3

122.7
125.4
128.1
130.9
133.5

122.9
125.6
128.4
131.2
133.7

123.2
125.8
128.6
131.4
133.9

123.4
126.0
128.9
131.6
134.1

123.7
126.2
129.1
131.8
134.3

123.9
126.4
129.4
132.0
134.5

121.5
124.4
126.9
129.8
132.5

122.2
125.0
127.6
130.5
133.1

122.9
125.6
128.4
131.2
133.7

123.7
126.2
129.1
131.8
134.3

122.6
125.3
128.0
130.8
133.4

1992
1993
1994

134.7
137.4
140.5

134.9
137.7
140.9

135.2
137.9
141.3

135.4
138.2

135.6
138.4

135.8
138.7

136.1
138.9

136.3
139.2

136.5
139.5

136.7
139.7

137.0
140.0

137.2
140.2

134.9
137.7
140.9

135.6
138.4

136.3
139.2

137.0
140.0

135.9
138.8

73.7
71.4
79.6
79.5
80.0

75.6
71.5
79.9
79.7
79.4

74.9
72.4
80.3
80.0
78.5

74.0
73.0
80.4
80.0
79.0

73.7
73.8
80.6
80.3
78.8

73.5
74.2
80.9
79.6
78.4

72.9
75.2
81.0
79.2
78.7

72.3
76.0
80.9
79.5
78.9

71.7
77.5
80.7
79.5
78.9

70.9
77.9
80.5
78.6
79.3

70.5
78.1
80.3
79.4
79.5

70.0
78.0
79.7
79.2
80.0

74.7
71.8
79.9
79.8
79.3

73.7
73.7
80.6
80.0
78.7

72.3
76.2
80.9
79.4
78.8

70.5
78.0
80.2
79.1
79.6

72.8
74.9
80.4
79.5
79.1

1987
1988
1989
1990
1991

79.3
83.1
85.1
81.4
78.4

80.5
83.1
84.1
82.0
77.4

80.7
83.1
84.5
82.3
76.7

81.0
83.7
84.6
81.4
76.8

81.3
83.4
83.9
81.7
77.2

81.9
83.2
83.5
81.5
77.9

82.1
83.5
82.4
81.2
78.0

81.9
83.7
82.6
81.5
78.0

81.9
83.6
82.1
81.3
78.6

82.6
83.6
81.5
80.7
78.4

82.8
84.2
81.6
79.6
78.0

83.1
84.5
81.6
79.1
77.9

80.2
83.1
84.5
81.9
77.5

81.4
83.4
84.0
81.5
77.3

82.0
83.6
82.4
81.3
78.2

82.8
84.1
81.6
79.8
78.1

81.6
83.6
83.1
81.1
77.8

1992
1993
1994

77.5
80.0
82.2

78.1
80.2
82.5

78.3
80.1
82.8

78.7
80.6

78.9
80.2

78.5
80.1

78.7
80.3

78.5
80.3

78.4
80.4

78.9
80.8

79.4
81.5

79.7
82.3

77.9
80.1
82.5

78.7
80.3

78.5
80.3

79.4
81.5

78.6
80.6

Utilization
1982
1983
1984
1985
1986

-7

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



11

Table 6
INDUSTRIAL PRODUCTION:

IDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion
in total IP

Index, 1987 = 100
~"

Seasonaiivadiusted

„__________
Not seasonaiivadiusted
1994
Oct.
Nov. Dec/ Jan/

SIC

1987

1993

1993
Sep.

Oct.

Nov.

Dec/

1994
Jan.r

Feb/

1993
Sep.

10
101
102-4,8,9
102

.33
.06
.28
.09

.50
.06
.44
.12

159.4
104.8
170.3
142.6

175.8
128.2
185.3
149.9

168.5
131.0
176.4
146.1

177.3
134.1
186.3
148.7

176.5
111.2
189.7
162.2

173.5
114.8
185.3

162.8
105.7
174.2
145.7

169.9
123.1
179.3
149.2

168.9
121.1
178.4
146.3

168.7
126.1
177.3
147.1

168.7
105.3
181.3
152.6

177.1
113.0
189.9

12

1.23

1.15

104.4

104.4

101.1

104.7

104.0

114.4

107.5

108.5

103.8

99.9

104.4

118.3

13
131

4.81
4.08
2.29
1.79
.29
.43

92.6
91.8
80.3
111.6
112.8
89.7

92.6
92.2
80.9
111.8
112.6
86.5

91.8
92.1
82.4
109.1
104.3
82.9

90.9
91.4
81.0
109.4
101.5
82.3

91.0
91.3
80.5
109.9
103.6
82.4

91.4
91.1
80.3
103.2
87.4

91.3
89.9
79.9
107.3
110.5
92.8

93.5
92.3
81.4
111.1
113.7
94.2

94.5
93.7
82.4
113.4
106.3
95.0

94.2
93.8
81.8
114.5
101.7
94.1

93.7
93.9
81.1
116.3
103.2
86.6

92.3
92.8
80.9

132
138

5.79
4.91
3.12
1.80
.29
.58

14

.67

.56

94.5

94.1

98.2

93.9

94.9

95.5

100.5

99.9

99.7

89.8

80.3

82.5

20
201

202
2021
2022
2023
2024
2026

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

8.62
1.05
.35
.30
.38
.01
.78
.01
.21
.15
.09
.33

109.0
117.6
99.8
116.6
143.6
79.2
100.0
100.7
121.0
93.0
108.3
91.0

109.0
115.4
98.8
116.7
137.9
76.4
101.4
107.5
123.7
95.7
108.7
91.2

108.4
117.8
99.0
117.5
144.4
79.0
100.1
105.7
124.3
91.1
105.5
91.0

109.0
119.0
102.7
119.7
141.6
79.3
100.6
106.8
122.5
93.5
108.6
91.0

108.5
117.1
101.6
113.6
142.2
80.4
101.3
105.4
120.8
93.5
116.8
91.6

109.5
119.5
103.8
116.1
144.8
86.6
101.6
103.1
124.1
92.8
117.8
90.8

116.1
120.4
103.6
120.2
144.6
80.8
94.2
81.0
117.5
72.9
110.7
88.8

114.9
122.3
103.3
125.7
146.0
79.2
94.8
94.6
122.5
79.3
95.4
88.0

108.9
117.7
96.6
126.0
139.5
80.8
92.4
96.1
122.8
74.8
83.0
87.5

106.3
115.0
95.6
124.7
133.1
82.3
97.5
113.8
123.7
97.9
81.2
88.2

103.5
117.5
101.4
117.5
140.3
80.8
97.7
134.9
118.6
96.6
86.3
89.9

104.3
116.9
100.4
116.2
140.4
88.2
102.8
130.7
123.8
101.4
105.5
91.8

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

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

1.31
1.14
.97
.61
.26
1.56
.53
.83
.95
.16

115.6
115.2
99.9
108.6
124.5
104.8
108.2
108.4
107.7
93.5

114.7
116.2
97.1
108.6
124.6
106.1
113.4
107.2
109.0
96.3

115.7
116.1
96.6
107.5
124.5
104.1
109.5
106.3
106.0
87.2

114.3
118.1
98.8
109.9
123.2
105.7

113.7
116.1
97.2
106.3
119.9
108.0

112.4
117.6
96.8
107.0
128.1
107.5

100.9
114.5
88.3
102.9
128.6
100.0

109.8
107.5
91.0

117.0
118.8
94.5
128.4
131.4
100.2
96.8
103.6
106.0
95.5

101.3
113.6
91.2
110.5
120.6
97.0

111.0
103.5
93.6

133.5
119.6
100.9
129.4
130.4
108.2
106.2
111.8
110.0
98.9

107.6
119.5
94.6
121.5
125.6
95.1

107.5
103.0
87.8

140.7
118.9
110.2
115.0
123.3
110.7
104.9
120.2
110.8
93.9

100.7
105.7
112.1

99.2
101.5
110.4

97.3
106.1
101.4

21

1.03

.85

85.4

86.4

83.3

84.3

84.9

84.0

91.5

97.2

82.3

66.5

86.7

86.7

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

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

1.80
.50
.43
.04
.49
.36
.14
.20
.47
.26

106.6
101.9
102.1
97.6
117.1
122.8
89.1
103.0
108.8
103.6

107.7
103.1
103.6
97.0
117.9
122.9
90.0
106.8
109.9
105.4

108.0
104.4
105.1
98.7
122.5
124.7
88.8
101.6
108.0
100.5

107.4
100.5
100.7
96.6
126.3
130.1
85.1
96.9
109.9
104.5

108.0
105.1
106.1
97.7
123.9
128.4
86.7
103.2
106.5
99.0

108.1
104.0
104.8
97.4
123.8
129.3
87.4
101.3
108.7
103.3

110.6
102.0
102.9
98.8
130.0
140.6
90.0
105.2
111.5
106.2

112.3
105.7
107.7
96.8
126.5
128.7
93.2
112.9
112.6
109.3

106.2
102.7
104.0
99.6
118.1
119.6
88.1
104.6
105.8
96.5

97.5
94.9
94.3
100.4
112.7
118.5
77.4
84.4
99.0
85.2

101.8
104.8
105.6
97.3
104.6
106.0
88.1
89.0
106.6
99.5

106.9
105.0
105.4
96.9
116.2
118.5
89.7
98.5
110.3
107.1

23

2.33

1.96

92.1

92.1

92.6

93.1

92.3

92.1

94.9

93.7

93.6

92.6

88.5

90.5

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

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

1.88
.73
.22
1.15
.60
.16
.19

101.8
95.8
89.1
105.6
95.3
90.7
120.7

104.6
102.3
84.2
106.1
95.8
88.7
123.4

104.9
100.5
87.0
107.9
97.2
89.5
130.4

105.2
97.8
84.6
110.4
98.7
92.8
141.1

104.9
98.3
85.9
109.8
97.5
88.2
145.3

104.1
97.1
84.9
109.0
97.7
91.3
139.7

104.8
99.8
94.5
108.3
97.5
92.9
129.6

108.6
107.2
92.7
109.5
98.5
94.7
136.9

102.5
97.0
87.0
106.4
97.2
88.7
123.7

97.2
88.3
82.6
103.4
96.3
83.3
108.4

99.5
92.3
79.1
104.5
94.2
86.9
121.1

102.2
97.5
79.3
105.5
92.6
91.5
131.6

Item
Metal mining
Iron ore
Nonferrous ores
Copper
Coal mining
Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
Stone and earth minerals
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
Tobacco products

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




12

Feb/

104.5
82.5

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index, 1987 = 100

Proportion
in total IP

Seasonallvadiusted

Not seasonally adjusted
1994
Nov. Dec/ Jan/

Feb/

104.9
103.8

100.6
98.3

105.3
106.1

113.7
115.5
108.7
115.8
116.9
112.3
116.2
110.1

109.3
111.8
110.3
110.5
115.0
107.1
108.3
106.4

115.6
116.5
115.0
115.8
118.4
114.9
121.2
111.3

117.9
118.3

117.6
121.1
115.7

104.8
87.7
100.6
117.5

101.6
85.8
100.8
111.5

99.2
80.7
102.7
108.2

96.3
76.9
101.0
105.0

97.6
80.3
101.7
105.3

124.7

119.2

116.5

114.1

115.1

117.1

121.8
130.4
112.3
115.0
133.9

120.6
126.6
105.4
112.5
130.5
143.1

120.2
128.6
107.5
106.1
133.9
141.1

120.7
131.8
108.1
117.6
135.8
142.8

119.1
127.9
110.8
114.5
131.1
133.2

119.9
127.9
107.4
108.0
132.2

123.2
135.8
113.3
120.3
140.1

117.5

116.1
114.2
116.1
121.2

116.2
114.3
115.3
119.0

114.5
112.2
114.6
120.0

110.7
110.5
108.0
121.5

114.0
112.2
114.0
120.5

118.8
120.2
120.3

117.6
138.0
104.0
90.6
129.4

118.5 127.9
139.3 153.6
105.5 113.4
91.0
91.9
129.1 124.5

117.9
138.1
106.8
87.8
125.1

111.9
130.6
102.5
77.0
130.3

108.8
128.3
99.2
65.3
128.2

110.0
127.9
99.6
75.1
129.2

111.1
128.2
100.9
85.4
130.1

107.1
107.5
108.1
117.4
90.1
104.2
105.8
105.7

104.6
103.9
101.2
117.4
87.9
107.5
100.9
109.1

105.5
105.6
100.9
126.2
86.1
103.7
102.0
106.0

109.9
108.9
117.7
117.5
92.9
97.9
105.5
115.5

109.6
109.1
112.1
125.9
94.8
97.0
105.3
112.6

109.7
109.3
100.6
127.5
101.8
101.7
108.5
111.4

106.3
107.1
91.0
124.1
98.2
107.5
108.4
101.7

97.6
99.3
81.5
114.3
91.8
109.3
100.0
88.2

98.0
100.0
87.0
117.0
91.2
104.3
99.2
86.9

117.8
124.2
108.6
119.1

119.3
126.0
111.3
120.3

120.2
132.0
111.9
120.1

120.2
134.0
111.0
119.9

117.6
128.8
111.0
117.3

119.1
137.7
109.7
118.2

117.7
117.9
108.6
119.9

116.8
106.2
107.3
121.1

118.1
134.7
104.4
118.6

120.3
146.8
109.5
118.2

83.9
77.3

83.5
76.1

85.1
76.1

84.8
76.5

83.6
75.8

85.2
77.7

85.8
77.9

85.6
77.5

85.4
76.8

82.9
76.0

82.0
73.7

99.7
100.9
91.3
99.4
93.4
96.0

100.5
103.3
95.5
100.6
94.8
96.0

104.6
118.2
121.4
105.1
95.9
97.4

100.5
98.0
86.8
91.7
96.4
96.6

100.0
102.2
92.5

102.7
102.9
94.9
116.4
93.6
97.7

104.5
104.9
96.0
121.3
98.8
99.1

101.1
100.9
89.5
99.3
96.4
97.9

98.2
98.8
89.1
76.2
89.9
96.8

93.8
91.1
79.4
57.1
87.4
93.9

95.7
103.1
96.4

SIC

1987

1993

1993
Sep.

Oct.

Nov.

Dec.r

1994
Jan.r

Feb/

1993
Sep.

Oct.

25
251

1.47
.69

1.37
.63

105.2
102.2

104.8
103.3

104.2
102.8

106.3
104.6

105.2
103.8

105.9
105.1

110.6
106.5

106.1
105.1

104.1
102.9

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

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.70
1.71
.16
1.03
.52
1.99
.75
1.23

111.4
112.8
105.4
112.8
115.0
110.3
117.6
106.2

112.7
113.1
107.3
112.8
115.6
112.4
121.4
107.4

114.5
114.8
110.7
114.1
117.6
114.3
122.7
109.5

115.5
114.6
111.0
114.5
115.9
116.5
126.3
111.0

114.1
114.7
111.5
114.0
117.3
113.7
120.5
109.8

115.7
115.9

115.6
121.4
112.3

112.2
112.9
104.0
113.3
115.3
111.5
119.1
107.2

115.9
114.1
107.5
115.1
114.2
117.4
132.3
109.0

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

6.51
1.76
1.79
2.97

5.95
1.28
1.65
3.02

101.1
78.9
103.5
112.7

101.6
80.2
103.5
113.0

101.7
80.2
102.2
113.9

101.9
80.9
100.5
115.5

101.9
82.5
101.0
113.9

102.3
81.6
101.2
115.3

107.3
80.7
101.0
127.0

28

8.76

9.31

118.3

117.8

118.8

119.3

120.0

120.5

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.91
.94
.05
.11
.64
.40

118.0
124.2
104.8
110.4
127.5
138.1

119.0
127.6
107.9
108.9
131.6
138.9

120.4
131.9
108.7
121.3
135.4
140.7

122.2
132.0
112.5
117.8
135.6
140.7

121.9
129.9
106.5
111.4
134.4

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.64

113.3
111.2
114.0
118.6

113.0
111.1
111.4
119.5

114.6
112.5
114.6
119.2

117.9
119.6
111.6
120.6

118.1
115.8
119.3
120.9

118.9
120.9

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.88
2.47
1.51
.36
.52

117.9
137.6
106.6
87.8
123.8

116.3
135.8
105.5
89.3
127.0

116.5
135.7
105.0
90.2
129.3

116.2
135.6
104.5
90.4
129.3

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

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

1.27
1.08
.22
.21
.04
.10
.51
.19

105.3
105.7
104.5
115.7
99.2
94.9
105.2
103.1

108.2
109.7
111.9
122.0
102.9
95.7
107.6
100.2

107.8
108.9
109.5
120.7
99.7
98.3
107.2
102.5

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

3.21
.40
.56
2.25

3.35
.46
.55
2.35

116.7
126.2
107.4
117.5

116.5
128.3
106.4
117.2

31
314

.32
.16

.24
.11

83.5
76.4

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

2.41
.37
.20
.17
.13
1.43

2.15
.34
.17
.14
.11
1.22

99.9
104.0
97.8
97.8
89.8
96.7

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

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

Leather and products
Shoes




13

97.1
95.1

93.6
92.3

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index. 1987=100

Proportion
intotallP
Item

;

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

Seasonallvadiusted

Not seasonally adjusted
1994
Nov. Dec/ Jan/

SIC

1987

1993

1993
Sep.

Oct.

Nov.

Dec/

1994
Jan. r

Feb/

1993
Sep.

Oct.

33
331,2
331

3.33
1.93
1.48
.35
.20
.10

3.20
1.94
1.53
.33
.19
.10

107.3
112.4
115.8
105.4
110.1
105.9

106.1
113.3
117.1
107.8
113.7
107.2

109.8
114.4
117.2
103.2
105.5
106.2

113.0
119.1
122.7
108.6
112.6
110.9

110.4
115.6
119.0
103.0
106.9
102.0

110.4
116.1
119.2
100.8
101.0
105.8

108.4
113.8
117.2
105.1
109.9
104.8

107.0
114.2
117.5
108.0
113.3
107.9

108.6
113.7
115.7
103.0
106.2
104.0

107.0
112.0
114.5
105.2
110.0
104.1

108.3
112.9
117.3
103.4
107.5
102.5

113.3
119.5
123.3
102.8
103.0
109.3

1.20
.19
.13
.13
.05
.69
.41

119.1
112.8
106.4
126.9
101.9
124.1
101.0

120.1
114.8
105.6
125.0
96.2
126.3
100.4

121.6
122.7
105.8
129.0
112.6
124.2
105.0

127.1
138.9
106.2
138.0
91.2
129.4
107.9

124.0
130.0
102.7
137.7
109.3
125.8
104.9

125.0
133.9
101.5
128.8
109.5
128.3
105.8

121.0
115.4
104.4
132.1
100.4
126.4
102.5

120.5
121.1
103.3
131.7
86.6
125.3
103.3

119.6
121.6
103.9
131.3
101.8
122.0
107.0

117.4
109.7
99.3
125.1
103.2
123.8
103.9

121.7
127.0
106.6
127.7
95.1
124.8
98.3

129.7
141.5
111.1
130.0
99.2
133.1
106.9

Feb/

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

332

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

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.40
.22
.03
.14

1.26
.23
.03
.14

100.3
117.9
118.4
106.4

96.2
113.5
109.6
106.4

103.5
111.7
113.3
103.7

104.5
114.0
120.2
103.4

103.4
110.9
120.9
102.8

102.5
112.9
120.4
101.4

101.0
116.8
119.6
105.7

97.1
114.6
112.9
106.6

101.7
112.2
117.8
104.4

100.0
113.2
118.3
103.5

101.9
111.6
117.2
102.9

104.7
116.2
124.7
101.7

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.99
.75
.24
.25

.83
.62
.22
.21

94.2
93.4
109.9
96.5

89.0
86.3
87.0
97.0

99.6
99.7
115.6
99.4

100.5
101.0
116.1
98.8

99.3
99.0
102.6
100.1

98.0
96.8
109.5
101.6

94.6
94.6
106.5
94.8

89.7
87.0
87.7
97.8

97.1
96.2
105.8
99.8

94.4
92.2
96.8
101.1

97.7
97.0
103.1
99.8

99.5
98.9
112.3
101.3

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

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

4.86
.30
.27
.50
.45
1.17
2.71
1.55

99.6
109.1
109.2
96.5
95.5
98.2
100.4
104.1

100.7
112.2
113.2
95.6
94.4
98.4
101.8
107.2

102.1
108.8
109.9
96.9
95.5
98.9
104,0
110.2

102.6
112.2
113.7
97.6
96.4
100.0
104.4
111.2

103.6
117.9
119.7
98.4
97.3
99.3
105.7
112.5

103.1
112.2

102.3
103.8
104.5
98.3
97.0
101.0
103.8
110.1

102.1
95.4
95.9
96.3
94.5
101.2
104.7
110.3

101.4
93.5
93.8
95.0
93.1
102.5
103.3
106.0

98.9
103.2
103.8
92.8
91.2
96.8
101.3
103.8

101.5
104.2

96.5
95.0
99.6
105.6
112.0

101.5
114.4
115.1
100.4
99.7
99.0
101.3
106.8

97.0
95.6
95.0
105.5
111.9

Industrial machinery
and equipment
35 ! 8.54
Engines and turbines
351
.51
Farm
352
.41
Construction and allied
353
.82
Metalworking
354
1.00
Special industry machinery
355
.70
General industrial machinery
356
1.00
Bearings and gears
3562,6,8 i .32
Equipment
3561,3-5,7,9
.67
Computer and office equip.
357 I 2.34
Service industry machines
358
.83
Miscellaneous machinery
359
.95

11.10
.50
.48
.82
1.02
.71
1.05
.31
.74
4.70
.86
.96

148.4 150.3 152.0 155.7 157.0
112.5 110.7 111.1 114.3 112.3
136.6 139.0 137.8 137.7 140.9
113.7 113.9 112.9 115.6 116.2
112.9 112.8 113.9 116.4 116.3
114.0 112.1 114.7 115.2 115.9
116.1 115.6 115.2 117.2 115.3
105.2 106.0 104.9 106.2 106.3
121.3 120.2 120.2 122.5 119.6
234.8 241.8 248.6 256.1 261.9
113.9 117.3 120.7 123.9 121.0
115.3 113.5 112.2 116.0 115.3

158.2
112.2
139.7
115.9
114.0
115.9
116.7
106.3
121.7
268.1
119.1
113.2

152.9
111.0
127.3
112.8
120.3
111.8
121.1
104.5
129.0
245.0
118.1
122.4

152.6
111.7
133.4
114.0
113.6
112.3
116.7
105.1
122.2
251.6
113.2
115.0

148.3 150.3
113.8 118.9
135.3 138.9
113.3 118.5
112.3 111.3
116.0 119.4
113.9 114.4
106.3 110.0
117.5 116.5
239.4 242.4
110.8 109.6
109.2 110.0

150.4
112.8
143.4
116.1
109.1
116.6
109.8
107.5
110.9
248.1
111.6
107.2

155.3
113.4
149.4
115.4
113.5
116.2
115.7
108.4
119.2
257.1
118.6
110.7

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

36
6.92
361,2 ! .97
361 I .33
363
.54
3631
.09
3632
.10
3633
.10
3634,5,9
•24
3634
.10
3639
.09

7.96
.88
.26
.56
.08
.11
.11
.26
.10
.08

130.9
101.7
89.8
116.8
93.0
126.0
118.4
121.4
119.6
106.3

131.4
99.7
87.9
121.6
103.3
127.4
125.2
124.5
120.2
112.6

132.1
99.6
88.0
124.5
102.8
125.2
141.5
125.4
119.2
111.8

134.3
100.4
88.9
125.4
106.9
127.7
134.0
127.8
122.5
114.8

134.7
99.3
89.8
117.8
106.1
107.3
123.1
124.6
116.5
115.5

136.0 132.8
100.4 105.9
89.4
95.8
121.1 120.4
117.7
96.3
113.2 126.2
133.6 I 121.3
120.6 126.6
113.5 123.7
109.2 106.8

133.7
100.2
89.9
130.9
122.9
131.9
133.8
132.3
131.1
122.8

133.8
98.0
85.6
119.5
108.6
104.6
131.2
125.2
130.1
106.1

134.1
97.1
86.6
106.7
87.0
85.9
106.2
123.6
124.6
104.5

132.4
95.5
85.4
115.7
107.3
101.7
122.9
121.9
108.5
112.4

135.5
97.5
86.6
127.1
121.0
123.2
145.7
123.3
105.4
118.7

163.9
117.7
168.3
124.4
101.2

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

365
366
367
369
3691

.22
1.44
2.23
.78
.12

.30
1.51
3.23
.87
.11

159.0
116.2
170.7
124.9
99.3

150.0
118.7
171.9
124.5
97.5

153.3
119.3
174.2
128.2
102.7

137.6
116.6
180.9
130.9
121.7

129.9
117.0
184.0
132.4
127.1

186.8
116.1
166.4
127.8
126.0

174.2
116.6
170.7
129.5
118.7

161.2
120.9
174.3
130.2
113.0

141.0
122.9
178.9
131.0
105.0

130.0
116.5
179.8
128.4
104.0

130.1
116.5
183.6
129.0
110.0

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

37
371

3714
3716

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

9.30 ! 100.4 104.2
5.22 | 115.1 124.1
1.43
85.7
96.8
1.66 149.7 161.4
1.56 150.8 163.3
.89 153.9 166.4
.67 147.0 159.4
2.09 118.4 123.8
.04
98.3 113.3

108.3
132.4
108.5
169.1
171.8
176.0
166.5
130.1
104.6

110.7
138.5
112.4
177.4
180.1
188.0
170.3
136.7
111.5

111.8 114.9
141.7 149.4
116.0 125.8
183.1 196.6
185.3 199.2
191.0 207.9
178.3 188.5
137.9 140.3
108.8 109.1

101.7
118.2
88.4
157.2
158.6
163.3
152.9
119.1
95.3

109.9
134.8
112.2
182.4
185.4
191.3
178.2
124.1
116.9

108.2
130.9
107.7
164.7
167.6
172.6
161.4
130.1
85.8

103.8
121.5
93.3
141.1
142.0
146.8
136.1
134.0
80.5

108.1
133.8
108.9
169.9
172.4
177.1
166.5
132.7
98.9

114.6
149.0
126.2
194.7
196.9
203.6
188.7
140.0
116.2

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

5.11
2.95
.55
1.61

4.09
2.49
.45
1.14

85.7
88.6
89.1
79.1

84.5
86.8
90.9
78.5

86.3
91.0
88.8
76.9

86.6
89.9
89.9
79.3

86.8
89.9
90.5
80.0

87.1
90.0
91.5
80.3

84.0
86.5
88.5
77.8

82.4
85.2
86.9
75.5

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




86.7
91.5
89.8
76.7

85.5
89.8
88.2
76.8

14

83.8
85.7
89.1
78.6

82.5
84.5
88.4
77.0

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

Index. 1987 = 100
Seasonally adjusted

Not seasonally adjusted
1994
Oct.
Nov. Dec/ Jan/

SIC

1987

1993

1993
Seo.

Oct.

Nov.

Dec/

1994
Jan/

Feb/

1993
Sep.

38
381-4
384

5.13
4.07
1.06

4.81
3.79
1.40

104.0
102.8
147.1

102.7
102.2
145.6

102.4
101.8
144.4

102.3
101.4
143.8

103.3
101.8
146.2

103.3
102.2
148,0

105.3
105.2
158.1

103.7
103.4
151.3

103.0
102.4
144.7

102.4
101.3
137.1

101.6
99.8
136.8

101.9
100.4
140.6

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.26
.65
.61

1.24
.62
.62

110.3
105.9
114.2

109.6
105.3
113.5

110.1
106.6
113.7

11013
107.3
113.7

110.7
108.4
113.2

110.0
107.3
112.8

111.9
108.0
116.1

113.7 113.8
111.1 112.2
116.5. 115.4

111.4
108.0
115.1

107.0
103.9
110.4

107.2
105.0
109.6

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.07
2.57
1.46
1.11

6.34
2:66
1.42
1.24

115.8
112.8
106.6
120.9

113.7
111.4
107.6
116.4

115.2
113.5
110.1
117.9

115.5
113.5
110.4
117.5

119.1
116.6
116.8
116.3

117:6
115.1

119.4
112.7
110.5
115.7

107.2
102.4
102.4
102.4

108.0
107.9
105.0
111.7

116.9
115.2
108.6
124.0

125:5
121.1
116.7
126.9

116.8
115.8

3.50
,1.42
2.08
1.16
.92

3.68
1.49
2.19
1.23
.96

117.9
120.5
116.2
117.1
115.1

115.5
114.8
116.0
116.7
115.1

116.5
116.3
116.6
116.4
116.8

117.0
115.7
117.9
117,5
118.4

120.9
123.7
118.9
119.6
118.1

119.5

110.7
101.4
117.0
116.0
118.4

108.1
102.6
111.8
109.0
115.4

118.1
123.5
1143
114.0
115.2

128.7
146.3
116.7
118.9
114.0

117.5

119.0

124.3
125.5
123.4
126.9
119.0

1.64
.56
.26
.56

1.73
.58
.28
.59

118.0
112.3
117.5
121.1

119.1
118.8
122.1
118.2

119.4
119.0
124.1
118.0

117.0
112.6
117.8
119.5

123.0

121.5

74:3
39.5
60.8
92.6

90.8
70.1
85.0
101.2

123.5
126.5
130.4
121.3

166.4 203.0-180.3
195.5
182,3
151,.3

1994
Q.1P

1993
Oct.

Nov.

1927.0 1962.1

1908.8

1928.2

Item
Instruments
Scientific and medical
Medical instruments

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

492,3pt

Feb/

112.0

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1987 dollars at annual rates, seasonally ad usted
1992
Item
1987
04
1993
Products, total
Final products

1847.6

1993
Q1
1870.9

1707.0

1886.9

1314.6

1480.7 1451.2 1470.5

Q2

Q4r

Q3

1873.1 1881.1

1469.8 1473 6 1513^1 1544.7 1498^9 1514.9

1994
Jan/

Feb/

Mar.P

1943.9 1950.0 1969.9

1966.6

1525.7 1532.3

1553.8

1548.2

Dec/

Consumer goods
Durable
Automotive products
Other durable jgoods
Nondurable ::t
;'

866.6
226.1
114.9
111.2
64Q.5

944.1
253.2
128.1
1-25.1
690.9

933.7
241.8
121.3
120.5
691.9

943.0
252.5
129.8
122.7
690.5

937.2
249.3
.125.9
123.4
687.9

938.9
246.5
119.1
127.4
692.4

973.4
278.1
152.6
125.5
695,2

953,1
258.8
130.9
127.9
694.4

960.2
267.0
139.5
127.5
693.3

963.7
272.6
145.5
127.2
691.1

"$65.4
274.6
148.9
125.7
690.9

98o:o
283,8
158.7
125.1
696.2

974.6
276.0
150.2
125.7
698.6

Equipment, total
^Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

536.7
519.9
451.5
68.4

517.5
500.7
427.5
73.2

527.5
511.CT
440.0
71.1

532.6
516.8
447.5
' 69.3

534.7 554.1 , 5?1,4
517.5
536.3 552.7
449.8, 470.3 488,8!
67.8
63.9
66.1

545.7
528.2
461,7
66.5

554.7
537.1
470.8
66.3

561.9
543.7
478.3
65.4

566.8
548.4
483.7
64.6

573.8
555:i
491.3
63.8

573.5
554.6
491.3
63.3

392.5
162.7
229.8
60.3

396.4 ' 400.3
406.1
158.8 ; 154.6 155.7
^47.3 241.8 244.7
67J9
66.9
68.1

403.3
156.4
246.9
67.6

407.5
159.6
247.9
67.4

410.6
162.3
247.7
68.2

413.3
163.6
249.6
68.2

418.2
166.8
251.5
68.5

417.7
164.8
252.9
.69.6

416.1
162.9
253.2
69.0

418.5
164.7
253.8
67.9

Intermediate products
Construction supplies ;
Business supplies
Commercial energy products

f

959.0
266.1
138.6
127.5
692.9

413.8 417.4
164,2;: 164:t
249.6 253.3
68.8
68.3

Table 8
jMFFUSIOtN INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1992
1993
1994
Three Months Earlier
1992
1993
1994
., .
Six Months Earlier
1992
1993
1994

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

42.0
51.4
51.0

61.6
59.6
41.0

63.5 ~
47.8

58:4
56.5

57.6
40.4

44.7
52.9

53.7
56.9;

49.8
52.2

51.4
49.8

56.1
54.5

62.7
57.3

52.2
61.2

50,2
56.5
63.5

55.7
60.8
60.4

59.2
61.2

68.2
57.3

69;4
51.0

52.9
50.6

52.5
51.8

45.1
57.6

49.0
54.1

49.8
52.9

62.7
53.7

59.2
63.5

56 1
53.3
62.4

55.7
65:5
59.6

56.9
6£9

63.1
66.7

64.7
57.6

60;4
58.8

65.1
62.4

60.0
52.2

54.9
53.3

55.3
53.3

59.2
61.2

' 58.4
63.5

:l;

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



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1987 = 100
1993
Sep.
110.7

Oct.
110.0

Nov.
111.3

Dec.1"
112.5

1994
Jan.r
112.4

Feb.P
111.8

1993
Sep.
1-14.4

_ _
Not seasonally adjusted
1994
Oct.
Nov.
Dec.r
Jan.r
111.7 110.5 109.9 108.7

776.5
351.3
425.2
74.2

111.2
108.3
113.7
103.5

110.4
105.7
113.8
104.2

111.8
106.6
116.6
104.8

112.9
106.3
118.8
105.8

112.9
108.1
117.2
105.3

112.5
107.3
117.0
103.1

115.3
110.2
119.8
102.5

112.3
107.2
116.8
104.4

110.9
105.9
115.3
105.0

110.1
104.4
115.1
108.2

108.7
103.9
113.0
109.3

108.8
104.2
11-2.8
104.1

INDUSTRY GROUPS and SERIES
10
Metal mining
101
Iron ore
102
Copper ore

14.6
6.3
4.8

112.9
95.5
115.6

121.6
116.5
116.0

123.6
117.1
117.0

123.9
118.2
118.6

120.5
111.5
115.8

116.4
115.1
106.7

114.4
98.4
117.8

121.1
117.9
115.1

123.3
115.9
118.2

124.0
120.6
117.3

122.7
115.4
116.1

114.5
109.7
107.6

12

13.4

94.8

92.3

95.7

94.9

103.1

100.7

88.0

89.5

97.2

102.7

115.1

111.8

13

101.3
101.3
89,8

104.3
105.5
85.8

102.0
102.6
87.8

101.1
101.2
87.4

98.7
98.4
87.6

98.6
99.8
69.5

102.1
101.4
90.6

104.0
105.6
84.0

100.5
101.4
84.8

104.8
105.7
84.9

103.5
103.4
88.6

97.2
99.2
68.4

Item
Total

1987
Billion
1987 SIC I KWH
850.7

MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining

Coal mining

Seasonallvadiusted

FebP
108.5

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

131 I
132

33.0
27.7
3.7

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

14
142
144
147

12.3
3.5
2.9
3.9

109.1
117.2
125.7
92.8

106.5
120.0
123.0
87.3

103.4
120.4
121.5
82.2

105.7
118.8
122.7
89.1

103.6
121.2
125.8
88.7

105.2
110.8
124.0
91.6

110.1
128.0
134.9
90.8

107.2
129.9
137.2
83.9

105.7
129.6
132.2
81.8

105.9
121.5
123.5
88.1

100.4
102.1
107.1
89.4

98.8
91.5
102.5
91.4

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

20
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

118.5
123.9
107.3
118.4
122.6
125.5
131.9
124.5
107.4
107.1

115.6
120.2
106.8
116.5
120.1
122.1
129.1
123.5
103.8
102.9

116.1
122.8
104.5
119.6
122.7
121.6
136.4
115.4
101.0
104.1

118.3
124.9
110.7
117.2
123.2
124.5
132.6
124.8
101.7
108.9

119.1
126.9
108.3
115.3
125.3
122.6
134.1
129.5
104.5
107.2

118.0
128.0
109.7
114.3
125.2
121.9
137.7
128.9
97.1
105.8

129.4
136.6
114.8
144.1
127.0
138.4
134.2
124.3
118.2
115.0

122.0
124.9
106.7
135.6
126.2
126.8
141.8
124.2
107.4
107.1

116.8
121.5
100.4
121.0
127.1
118.9
152.9
122.9
98.5
101.8

114.9
120.6
104.6
110.3
123.8
119.2
149.1
133.6
947
103.7

112.6
119.4
102.3
103.9
124.2
115.1
137.9
136.8
93.6
100.0

1097
117.1
101.7
103.6
122.1
111.5
137.7
133.9
86.7
95.5

21

1.7

90.3

86.8

90.4

98.3

88.4

95.4

101.4

97.4

89.1

90.4

78.0

88.9

22
221^*
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

112.5
101.1
130.7
118.9
118.7
120:3

109.2
98.1
128.5
116.0
113.0
118.4

112.0
101.8
130.8
119.7
114.0
117.4

118.6
106.4
138.3
129.3
121.5
117.4

112.5
97.9
136.4
123.3
112.7
120.8

117.4
107.1
135.7
120.8
123.4
118.5

124.8
112.1
150.0
129.5
130.2
129.2

115.3
103.1
134.9
122.6
120.0
123.2

108.0
98.0
125.3
118.5
110.0
112.5

108.1
97.0
124.2
124.0
112.1
110.3

94.3
82.9
110.9
107.7
93.4
108.9

108.6
98.7
123.9
114.6
113.1
111.6

23
231,2
233

6.6
1.9
1.9

97.5
104.1
80.7

94.5
97.6
82.3

95.6
100.6
78.7

98.6
105.9
83.7

100.3
105.5
88.3

99.3
106.2
83.5

114.0
124.0
94.7

99.0
101.6
85.3

91.5
97.3
74.5

88.7
93.6
76.1

85.6
89.5
76.4

90.5
95.6
76.4

21.6

113.2

115.1
112.4
100.4

117.7
108.2
110.4

116.9
110.3
103.5

117.4 ! 113.7
113.0 104.8
103.8 103.4

111.6
105.4
99.6

116.1
115.3
101.1

117.7
108.9
111.2

116.3
110.5
102.4

120.1
116.3
105.5

Tobacco products
Textile mill products
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles
Apparel products
Men's outerwear
Women's outerwear
Lumber and products
Lumber
Mrllwork and plywood

24
242 I
243

Furniture and fixtures
Household furniture

25
251

Paper and products
Wood pulp
Paper
Paperboard
Paperboard containers
Converted paper products
Printing and publishing
Newspapers
Commercial printing

5.7

103.3

111.7
105.9
99.0

5.7
3.2

114.0
105.0

111.3
106.1

111.4
104.6

114.6
107.5

112.9
106.7

113.2
108.4

119.8
109.3

114.2
107.9

110.9
104.7

112.7
106.6

107.6
101.0

114.0
109.0

26
261
262
263
265
267

97.0 i 117.7
7.1 109.3
51.6 114.5
26.0 ! 138.5
110.4
4.5
119.1
7.6

113.5
107.8
109.9
127.1
113.2
114.6

117.9
125.5
114.3
129.3
114.6
121.6

117.8
106.1
115.0
125.5
117.4
123.7

115.0
96.6
112.0
128.1
112.6
123.2

118.2 118.5
105.4 110.3
115.7 113.1
131.7 I 138.4
112.5 115.4
120.9 125.3

115.1
110.1
111.0
130.2
114.0
117.6

118.2
128.0
114.3
129.8
113.5
121.7

116.6
106.8
113.7
128.6
114.0
120.0

116.0
102.1
114.2
128.3
109.4
117.4

115.9
104.2
113.9
130.6
111.1
118.7

27
271 !
275 !

15.7
3.4
8.2

128.5
114.8
130.1

126.0
112.5
128.5

127.4
111.1
129.8

129.3
114.9
133.4

127.7
112.4
128.5

128.4 144.0
111.5 ! 127.2
131.4 146.4

130.4
114.3
134.5

123.8
106.6
128.2

122.2
112.2
124.1

118.9
108.0
118.1

117.7
102.0
121.2

146.2
61.8
14.1
29.1
10.9
18.2

111.6
109.7
123.9
107.8
104.6
109.4

114.7
115.5
127.6
120.5
101.0
133.5

116.8
119.1
128.3
130.3
104.2
148.8

115.9
117.6
129.5
128.8
96.3
152.4

116.4
119.2
122.5
128.6
102.1
148.4

116.2
117.9
120.7
126.3
100.9
144.0

115.7
116.5
126.2
122.2
100.6
137.6

114.6
116.9
125.5
126.6
102.0
144.0

114.6
117.0
126.3
129.3
98.8
151.0

115.7
119.4
123.4
130.1
105.8
147.4

113.6
116.0
118.1
124.1
99.3
141.6

Chemicals and products
28
Basic chemicals
281
Alkalies and chlorine
2812
Inorganic chemicals, nee
2819
Acid and fertilizer materials
N uclear materials, nondefense




7.9 I 105.4

16

113.8
110.3
124.6
106.2
102.7
108.7

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1987 = 100
1987 SIC

1987
Billion
KWH

1993
Sep.

Oct.

Nov.

Chemicals and Products (cont.;
Synthetic materials
282
2821
Plastics materials
Drugs and medicines
283
284
Soap and toiletries
Industrial organic chemicals
286
Agricultural chemicals
287

26.5
14.2
5.5
3.1
36.0
8.5

107.8
109.7
127.8
115.3
115.9
110.4

109.8
114.6
122.8
114.1
115.5
111.3

Petroleum products

29

40.1

111.7

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

30
301
306
308

33.1
3.6
3.1
24.9

Leather and products
Shoes

31
314

Stone, clay, & glass products
Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

Seasonallvadiusted

Not seasonally adjusted
1994
Oct.
Nov.
Dec/
Jan.r

Dec/

1994
Jan.r

Feb.P

1993
Sep.

110.7
116.4
125.8
113.5
111.8
113.9

107.3
116.6
124.8
113.0
121.2
114.3

107.2
113.7
125.3
112.8
107.9
114.0

108.1
115.3
125.6
114.0
116.6
112.9

112.4
114.2
143.1
122.6
119.5
112.0

110.1
115.1
125.8
115.5
119.0
111.4

109.2
115.3
119.8
110.8
110.9
114.0

105.0
114.5
116.8
107.3
118.5
114.8

105.5
113.4
115.6
107.7
108.9
113.8

105.3
112.9
115.0
109.3
114.0
112.7

110.0

112.6

114.9

112.2

108.6

115.7

110.3

109.9

114.5

111.2

105.0

130.8
111.5
107.8
135.5

124.8
108.5
104.2
129.9

128.3
111.1
104.8
133.2

132.2
108.5
109.9
137.9

131.2
113.2
108.4
135.0

130.1
111.6
107.2
134.4

134.6
119.8
111.5
138.2

130.3
113.8
107.8
134.5

129.4
109.2
105.6
134.8

126.0
100.3
106.2
131.9

120.6
104.1
100.9
124.0

128.4
106.5
106.4
133.4

1.0
.4

100.4
89.8

97.5
89.5

96.7
89.2

98.1
85.8

97.5
89.0

95.0
84.7

105.9
96.4

98.4
88.0

95.2
88.4

92.8
79.2

92.2
82.5

94.1
83.4

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

103.5
102.3
104.8
99.8
106.6
94.4

101.8
100.2
99.0
101.4
103.5
92.3

105.2
103.9
104.8
108.5
105.5
93.8

106.4
109.9
103.9
107.7
107.8
96.7

105.2
103.6
101.4
105.0
108.7
92.1

103.0
102.7
103.4
100.1
107.8
89.9

106.4
105.3
106.4
105.7
109.9
96.7

106.3
101.6
101.8
110.7
105.6
95.6

106.6
105.4
104.5
111.1
106.1
95.6

105.0
109.7
100.7
107.1
108.2
95.7

98.3
101.7
95.8
92.1
103.6
89.5

96.2
102.4
101.2
81.6
102.9
86.3

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

33
331
332
333
3334
336

137.9
54.4
9.9
55.8
51.2
2.7

108.7
113.4
108.5
94.8
97.1
105.0

104.8
111.1
108.0
88.6
94.5
103.6

105.9
115.2
112.9
87.3
86.5
106.8

104.9
114.3
116.2
85.0
86.2
108.9

106.9
113.9
113.3
91.1
86.2
109.7

107.4
114.5
115.1
92.4
85.7
107.4

107.8
112.7
110.1
94.3
94.7
109.1

107.0
113.7
111.0
91.9
95.8
107.6

106.9 104.3
116.9 112.3
115.1. 111.8
88.7
86.6
86.2
86.9
107.5 106.1

107.2
115.0
105.9
92.7
86.9
103.7

105.0
114.0
115.2
86.9
79.8
108.7

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

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

109.2
121.9
111.4
99.4
104.8
118.5

108.2
120.4
109.3
101.3
102.6
116.3

109.5
119.3
109.8
97.9
105.9
121.0

112.6
121.2
112.3
103.6
103.8
124.5

112.7
119.4
113.5
104.7
106.6
127.4

110.7
121.9
108.8
103.8
105.9
121.3

114.0
126.1
116.4
102.9
107.9
121.8

110.3
121.9
113.2
101.1
106.6
119.8

109.5
116.6
109.7
97.8
104.1
121.8

107.5
114.7
108.7
101.0
97.8
119.1

106.0
113.3
106.4
100.5
99.7
114.5

110.7
120.3
109.0
106.3
106.0
119.4

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

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

111.7
116.4
126.0
95.0
122.2
112.4
109.5
96.6
134.8

108.4
113.3
120.0
96.6
119.1
111.1
108.2
89.9
136.2

109.3
113.5
123.5
94.1
119.9
109.6
109.6
93.1
137.8

112.1
115.6
128.8
97.0
122.5
107.3
112.6
94.2
138.3

111.7
107.6
135.2
99.2
122.2
105.7
108.9
92.8
141.2

111.0
112.9
138.8
97.1
118.2
112.2
111.8
93.6
138.3

118.3
117.7
134.2
101.6
130.1
120.0
116.3
100.0
145.4

110.7
112.1
120.8
99.2
119.9
111.9
110.4
95.2
138.5

107.6
112.2
123.9
93.6
118.3
107.5
107.5
90.7
135.0

107.0
108.7
128.1
94.0
117.0
103.7
106.9
90.3
130.7

105.0
105.4
131.7
92.4
114.5
100.8
101.9
88.9
130.8

109.1
110.5
143.3
95.1
117.5
109.7
109.7
90.4
133.5

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

106.1
78.8
113.1
92.1
97.9
139.1
85.7
113.5

104.3
76.0
109.3
90.7
98.7
137.0
82.5
112.4

103.4
76.3
109.7
92.4
96.5
138.0
82.1
111.0

108.2
77.3
109.3
94.7
101.9
145.4
86.9
119.9

105.4
79.1
107.2
89.0
100.2
133.9
83.2
115.0

105.2
77.8
109.2
89.4
98.5
142.0
83.4
112.7

113.3
84.1
116.3
96.7
104.3
147.6
92.5
121.7

106.4
77.8
109.5
92.1
100.3
142.0
84.2
114.9

102.4
74.2
108.2
89.3
96.1
138.6
79.6
110.0

99.1
103.6
74.4
75.3
106.1 104.1
85.1
86.8
93.4
97.7
139.8 .. 128.4
82.3
77.9
114.6 107.8

100.4
75.4
106.4
88.2
99.3
138.1
77.9
107.1

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

37
371
372
373

38.3
21.9
10.1
2.1

98.1
92.7
96.2
104.8

97.0
93.4
95.1
104.6

99.6
96.0
96.0
100.9

103.2
102.0
98.6
100.8

105.2
104.0
97.2
101.5

100.8
99.1
95.6
98.0

104.0
98.3
103.2
104.8

100.7
97.5
98.4
100.4

97.9
95.3
93.6
97.9

95.9
92:7
94.8
99.5

96.1
92.5
92:2
101\5

97.6
95.5
92.3
103.0

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

114.0
106.4

108.8
96.0

108.9
101.1

111.7
101.0

110.4
96.5

111.6
100.2

121.7
110.8

•112.2
101.0

106.3
96.7

106,4
96.6

103.2
93.5

1.05.6
95.9

39

4.6

123.1

118.6

118.5

120.2

118.9

116.9

131.7

122.3

116.8

1138

111.4

114.9

832.5
765.4
85.3

111.1
110.3
120.4

109.3
109.6
120.2

110.3
111.0
117.2

110.9
112.3
116.6

111.0
112.2
113.5

110.9
111.9
111.0

114.6
•114.3
117.9

110.9
111.4
119.-1

109.4
110.3
115.1

108.6
109.4
121.6

107.5
108.3
119.4

107.4
108.5
108.5

Item

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



17

Feb.P

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

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (1) market groups (shown in table 1), such as consumer
goods, equipment, intermediate products, and materials; and (2) industry groups
(shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of
these industries—for example, durable and nondurable manufacturing, mining, and
utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprise final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript "p" in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript "r" in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990, 1985, and 1976. In 1993, a revision that converted the indexes to
the 1987 SIC from 1987 forward was published.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units and (2) data on inputs to the
production process, from which output is inferred. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from government agencies including those listed above; data of this type are used to
estimate monthly IP where possible and appropriate. When suitable data on physical
product are unavailable, estimates of output are based on either production-worker
hours or electric power use by industry. Data on hours worked by production workers
are collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The data on electric power use are described below. The factors used to
convert inputs into estimates of production are based on historical relationships
between the inputs and the comprehensive data used to benchmark the IP indexes;
these factors also may be influenced by technological or cyclical developments.
Especially for the first and second estimates for a given month, the available source
data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison base year (currently 1987). Each
segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1987 to the present, IP is
aggregated on the basis of 1987 value-added weights. The aggregation of the index
for the 1982-86 period is based on 1982 weights, whereas 1977 weights are used for
the 1977—81 period. The other weight years in the postwar period are 1972* 1967,
1963, 1958; 1954, and 1947. The 1987 value-added weights used to aggregate the
index are shown in the first column of tables 1,2, and 6, in the "1987" column under
the heading "Proportion in total IP." Proportions for the most recent complete year of
data are shown in the second column of tables 1,2, and 6.
Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1ARIMA
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1993;
for other series, the factors were estimated with data through July 1993. In some
cases, series were preadjusted for the effects of holidays or the business cycle before
using X - l l ARIMA. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups.



18

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production—1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively. The 1994
revision to the index was described in the Federal Reserve Bulletin, vol. 80 (March
1994), pp. 220-6.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates as high as 90 percent have been exceeded only
in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76
(June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. The
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6.
Electric Power
Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry's or group's
usage in 1987. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1987 censuses of those industries. The supplementary group, "Total, less nuclear
nondefense," is shown separately because the nondefense nuclear material series
(part of SIC 2819) accounts for a disproportionately large part of total electric power
use. Because the value-added proportion for this industry in total IP is considerably
smaller than its share of total electric power use, excluding this component from total
power use facilitates comparisons with total IP.
Release Schedule for 1994
At 9:15 a.m. on January 14, February 15, March 15, April 15, May 16, June 15, July
15, August 15, September 16, October 14, November 15, and December 14.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102