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FEDERAL RESERVE statistical release
"T^LRE§^>

For release at 9:15 a.m. (EDT)
April 16,1996

G.17 (419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production declined 0.5 percent in March after a revised gain of 1.3 percent in February. A
strike-related drop in motor vehicle assemblies and parts production more than accounted for the decrease in output.
Excluding the production of motor vehicles and parts, which dropped about 15 percent, industrial production rose
0.3 percent.
Despite the effects of the strike, overall industrial production grew at an annual rate of 2.7 percent in the first
quarter, up from 0.6 percent in the preceding quarter. The quarterly pickup largely reflects the bounceback in the
production of aircraft and parts, which was sharply curtailed during the fourth quarter by a strike at a major producer. At
123.5 percent of its 1987 average, industrial production in March was 1.3 percent higher than it was in March 1995;
excluding the output of motor vehicles and parts, the gain was 2.5 percent. Capacity utilization dropped 0.7 percentage
point in March, to 82.5 percent.
(over)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index. '1987=100
1995
1995
1996
Industrial Production
Mar.P |
Jan/
Dec/
Dec/
Feb/

Percent chanae
1996
Jan/
Feb/

Mar.P

Mar. 95 to
Mar. 96

Total index
Previous estimates

122.8
122.7

122.5
122.1

124.1
123.7

123.5

.2
.1

-.3
-.4

1.3
1.2

-•5

1.3

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

119.2
115.7
158.4
110.5
128.4

118.6
114.3
160.6
108.0
128.4

120.6
116.2
164.7
110.3
129.5

119.9
115.1
162.9
110.7
128.9

.3
-.2
1.0
1.6
.0

-.4
-1.2
1.4
-2.2
.0

1.7
1.6
2.5
2.1
.6

-.5
-.9
-1.1
.4
-.4

1.2
-.2
5.0
1.4
1.4

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

124.8
134.8
113.8
98.1
125.1

124.5
134.9
113.0
97.0
125.7

126.4
137.6
114.0
98.5
124.3

125.4
135.7
114.0
100.4
125.1

.3
.4
.1
-.2
-.3

-.3
.1
-.7
-1.2
.5

1.5
2.0.9
1.6
-1.1

-.8
-1.4
.1
2.0
.7

1.1
2.7
-.9
.1
4.9

Capacity Utilization
Total industry
Previous estimates
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-95

1982
Low

Percent of Capacity
1988-89
1995
1995
High
Mar.
Dec/

1996
Jan/

Feb/

Capacity
growth
Mar. 95 to
Mar. 96
Mar.P

82.1

71.8

84.9

84.6

82.8
82.7

82.3
82.1

83.2
82.9

82.5

3.8

81.4
80.7
82.6
87.4
86.9

70.0
71.4
66.8
80.6
76.2

85.2
83.5
89.0
86.5
92.6

84.0
81.9
88.9
89.6
88.6

81.9
80.2
85.8
87.6
92.2

81.3
79.7
85.2
86.5
92.6

82.3
81.1
85.2
87.9
91.4

81.4
79.9
85.1
89.6
92.0

4.3
4.9
2.8
•1
1.1

Market Groups
The output of consumer goods declined 0.9 percent. The production of automotive products fell 11 percent,
and the production of other durable consumer goods eased fractionally after a partial rebound in February. The output of
consumer nondurable goods, such as foods and utility output for residential use, gained 0.4 percent.
The production of business equipment declined 1.1 percent. The drop in assemblies of business vehicles
caused the output of transit equipment to plunge 11.6 percent. The output of industrial equipment dipped 0.7 percent
after a sizable gain of 1.6 percent in February. Led by another strong increase in the production of computer and office
equipment, the output of information processing equipment advanced further. The output of business equipment rose at
an annual rate of 14.7 percent in the first quarter after having barely increased in the fourth quarter; the swing largely
reflects the fourth-quarter strike and the first-quarter return to work at a major aircraft producer.
The output of construction supplies, which rose 0.4 percent in March, was up at an annual rate of 2 percent
in the first quarter, down from 6 percent in the preceding quarter. The production of materials declined 0.4 percent in
March with the weakness concentrated in the durable goods materials used to make motor vehicles. The production of
basic metals and parts for equipment, which includes parts for aircraft and components for high-technology equipment,
rose. The output of nondurable goods materials, such as paper and textiles, advanced 0.5 percent. The production of
energy materials, led by a gain in coal mining, increased 1.0 percent.
Industry Groups
Manufacturing output declined 0.8 percent; excluding motor vehicles and parts, production rose 0.2 percent.
Although production in durable manufacturing fell 1.4 percent because of the strike in the motor vehicle and parts
industry, production rose for steel, computers, other transportation equipment, lumber and products, and instruments.
The output of nondurables was little changed as gains and losses were fairly evenly spread among industries. The
production in mining increased 2 percent, and output at utilities rose 0.7 percent.
The factory operating rate, which had rebounded 1 percentage point in February, fell back 0.9 percentage
point, to 81.4 percent. The utilization rate for motor vehicles and parts—included in the advanced-processing
grouping—dropped from 78.2 percent to 66.4 percent and accounted for most of the overall decline in the utilization in
manufacturing. Among other advanced-processing industries, the changes in utilization were mixed. The utilization rate
for primary-processing industries edged down 0.1 percentage point. Rates remain elevated for primary metals,
machinery, and petroleum refining. In mining, the utilization rate rose 1.7 percentage points; gains were sizable in coal
mining and oil and gas well drilling. The operating rate for utilities reversed half of February's decline.

NOTICE
Updated estimates of industrial capacity for 1995 and 1996 will be included in the G.17 press release
scheduled to be published on May 15, 1996. The updated estimates will incorporate the data on actual and planned
investment by manufacturing industries reported in the Census Bureau's Investment Plans Survey issued in late March.
The updates affect the capacity utilization rates as of the beginning of 1995.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
March data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

Manufacturing

5 \0

-10

_J

_l

L.

-10

L_

Durable
manufacturing

10

5

o

Nondurable
manufacturing

-5
J

I

1990

I

1992

i

L

1994

i

L.

1996

1992

1990




1994

1996

Manufacturing

Total industry
Ratio scale, 1987 production = 100

1985

-10

i

Ratio scale, 1987 production = 100

1990

1995

1985
<
a

1990

1995

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

,

1992 _._i
Value1
Index
_ _ _ _ _ _ « _ _ _ added

1995
Oct.

SeasonalivAdiusted
1996
Nov. Pec/
Jan/
Feb/

Not seasonally adjusted
1996
Dec/
Jan/
Feb/

Mar.P

1995
Oct.

Nov.

Mar.P

100.0

107.7

122.2

122.6

122.8

122.5

124.1

123,5

123.5

121.5

121.0

121.0

123.8

123.0

60.6
46.3

106.4
108.7

118.3
121.3

118.8 119.2
121.9 •122.1

118.6
121.8

120.6
124.2

119.9
123.2

120.5
123.6

117.3
120.5

116.7
119.8

116.6
120.0

119.5
123.8

118.8
122.5"

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

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

106.0 114.9 115.9
103.0 123.4 124.9
100.9 128.5 130.5
97.1 128.6 129.8
80.9 100.2 100.2
125.2 179.1 182.8
107.3 126.7 130.2
104.9 118.9 119.9
110.4 140.1 145.3
97.1 105.6 104.1
106.8 116.9 117.6
106.9 112.9 113.8
105.4 111.1 110.9
96.2
92.9
91.5
119.6 135.7 135.0
103.8 106.6 108.4
108.2 113.1 121.1
104.6 ! 107.3 108.2
109.6 115.4 126.6

115.7
126.3
132.8
132.1
99.5
190.6
132,7
120.5
141.9
107.4
118.3
113.2
110.6
89.7
136.5
106.3
119.5
108.6
124.1

114.3
120.1
125.8
123.9
92.8
179.9
128.1
115.1
131.6
100.5
116.2
113.0
110.6
88.0
136.7
104.6
120.7
108.6
125.7

116.2
124.5
132.6
133.2
99.7
193.6
129.6
117.4
134.9
103.5
117.5
114.2
111.9
90.2
137.0
107.4
120.2
112.8
123.3

115.1
117.5
118.2
111.0
77.0
172.9
131.1
116.9
133.8
104.0
116.6
114.6
112.9
89.7
136.6
107.3
121.2
111.8
125.1

117.3
132.2
141.4
145.1
112.5
203.3
132.1
124.1
149.4
109.6
121.1
113.7
117.3
94.9
136.2
104.6
96.6
108.2
91.4

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

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

113.8
115.8
119.7
116.5
88.0
167.8
124.6
112.3
128.7
98.4
113.0
113.4
105.3
82.1
127.5
103.9
161.7
106.3
185.7

116.3
128.8
140.4
145.1
110.2
207.6
129.2
118.6
142.6
105.3
115.4
113.2
107.1
87.6
127.6
108.4
144.3
107.5
160.2

114.6
122.9
127.3
124.1
86.3
193.0
132.1
119.2
144.5
104.9
115.9
112.6
108.6
87.8
129.5
108.8
130.8
105.7
141.5

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

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

112.5
123.4
137.8
172.6
105.7
135.8
112.9
103.3
84.8
79.9
94.2

131.5
156.5
206.5
402.9
128.6
122.3
135.7
120.9
64.4
83.5
158.9

131.4156.9
208.1
417.8
129.1
119.6
134.2
121.4
62.9
83.1
161.8

132.3'
158.4
209.4
431.7
129.5
124.5
135.3
121.7
62.0
83.8
164.4

133.8
160.6
214.0
447.3
129.4
128.1
129.0
121.9
61.7
85.1
158.1

137.1
164.7
220.2
463.3
131.4
133.0
135.8
123.3
62.5
89.7
157.8

136.2
162.9
223.4
477.1
130.4
117.5
109.4
123.5
62.8
96.3
162.0

133.6
158.8
209.3
411.1
128.8
129.5
149.6
120.3
64.3
92.2
175.9

130.8
155.0
204.8
399.5
128.3
118.4
132.9
120.0
64.0
93.8
157.9

131.4
156.2
208.7
425.7
128.6
115.0
117.4
122.0
64,0
92.9
135.8

130.0
155.1
205.1
419.4
125.3
124.4
123.5
120.3
62.3
86.5
140.0

135.9
163.3
214.8
454.0
129.8
139.5
148.4
123.7
62.6
85.7
153.8

135.4
162.1
218.6
464.5
129.4
125.2
121.8
123.8
63.0
87.6
164.3

14,3
5.3
9.0

99.3
95.2
102.0

109.2
108.3
109.9

109.3
108.7
109.9

110.1
110.5
110.0

109.0
108.0
109.8

109.8
110.3
109.6

110.1
110.7
110.0

110.9
111.8
110.4

107.6
107.3
108.0

107.4
104.9
109.1

106.2
101.5
109.4

106.7
105.3
107.7

107.5
107.6
107.6

39.4

109.7

128.1

128.4

128.4

128.4

129.5

128.9

128.2

128.0

127.6

127.9

130.3

129.6

20.8
4,0
7.5
9.2
3.1
8.9
1.1
1.8
3.9
2.1
9.7
6.3
3.3

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

143.9
138.6
169.4
126.5
124.3
118.7
107.3
121.4
122.9
114.6
105.5
101.7
113.1

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

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

145.6
140.3
171.7
128.0
125.6
115.6
100.2
113.0
121.7
115,1
105.9
100.4
116.9

147.5
140.4
177.0
128.2
124.4
115.7
99.8
113.8
121.3
115.9
106.1
100.9
116.5

145.8
131.2
177.8
127.7
125.5
116.2
101.5
115.2
120.9
116.8
107.1
102.3
116.8

145.0
140.7
169.7
127.9
123.8
120.8
109.5
121.2
122.9
122.8
102.0
98.5
108.9

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

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

142.7
136.5
171.0
123.8
124.5
115.2
100.6
115.2
120.3
113.9
110.2
103.6
123.5

147.3
142.0
176.6
127.2
126.7
116.7
101.5
116.4
123.1
113,5
109.1
104.0
119.2

146.4
134.2
178.1
127.6
127.9
117.4
104.5
116.5
121.9
116.9
107.3
102.8
116.3

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

97.2
95.2
98.2

107.8
107.7
106.2

121.9
121.3
118.1

122.3
121.7
118.4

122.5
121.9
118.5

122.4
121.8
118.0

123.8
123.2
119.4

123.9
123.7
118.6

122:8
122.2
119.4

121.2
120.6
117.5

121.2
120.5
116.7

121.1
120.5
116.8

123.1
122.5
119.2

123.0
122.8
118.3

Consumer goods excluding:
Autos and trucks
Energy

27.0
25.7

106.7
105.8

114.0
115.1

115.0
115.3

114.7
115.3

1137
113.6

115.0
115.7

115.4
114.4

115.5
119.6

113.0
113.8

112.5
109.2

113.6
108.4

114.4
113.1

114.0
112.8

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.5
12.2

124.3
115.1

158.4
131.6

159.0
13018

160.5
131.3

163.7
132.4

167.4
135.3

168.2
132.4

159.5
133.3

157.0
130.2

160.0
129.4

158.2
128.9

164.6
134.6

166.1
132.6

Materials excluding:
Energy

2§7

111.9

136.2 Y36.6

136.4

136.4

137.8

136.7

137.6

136.4

134.6

134.3

137.9

137.5

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

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




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

__

Seas'6T?aTFyadjusted ™~"~
1994Q4
^nriuaLrato
Seasonally adjusted
to
T995~
1996 1995 1996
..
Q2 —JJ3_ —Q£-.—OIL J2ecJ_ Jan.r Feb/ Mar.P
1995Q4
-.5

-.4

.0

2.3

-6

1.3

-.4
-.3

1.7
1.9

-.5
-.8

-.5
-.5

-.1
.2

2.5
3.1

-.6
-1.0

1.2
1.4

-.2
1.1
1.8
1.7
-.7
4.3
1.9
.5
-2.3
3.2
.6
-.5
-.3
-2.1
1.1
-1.9
-1.3
.3
-1.9

-1.2
-4.9
-5.3
-6.2
-6.7
-5.6
-3.5
-4.5
-7.3
-6.5
-1.8
-.2
.0
-1.8
.1
-1.6
1.0
.1
1.3

1.6
3.6
5.4
7.5
7.4
7.6
1.2
2.0
2.5
3.0
1.1
1.1
1.2
2.4
.2
2.7
-.4
3.8
-1.9

-.9
-5.6
-10.9
-16.7
-22.7
-10.7
1.1
-.4
-.8
.5
-.7
.4
.9
-.6
-.3
-.1
.8
-.9
1.5

-1.2
-6.0
-8.4
-12.0
-11.8
-12.2
-.9
-3.8
-12.2
1.0
-1.7
.1
-5.1
-4.4
-.5
-.8
23.1
1.3
32.2

1.0
-.9
1.0
2.0
-.8
4.9
-.6
-2.7
3.0
-2.1
-5.7
1.5
.9
-5.7
-.6
-2.9
13.4
-6.3
19.7

2.2
11.2
17.3
24.5
25.2
23.8
3.8
5.6
10.8
7.1
2.1
-.1
1.7
6.7
.1
4.3
-10.7
1.1
-13.7

-1.4
-4.5
-9.3
-14.5
-21.7
-7.1
2.2
.4
1.3
-.4
.4
-.6
1.4
.3
1.5
.4
-9.4
-1.7
-11.7

-.2
-6.8
-12.1
-19.3
-30.7
-5.8
3.5
-1.5
1.2
-1.9
-2.6
1.7
1.3
-9.1
5.3
1.4
6.4
1.3
8.6

12.5
14.7
23.3
50.7
4.1
13.9
-27.2
5.2
-4.6
37.4
-5.8

.7
1.0
.6
3.3
.3
4.1
.9
.2
-1.4
.8
1.6

1.1
1.4
2.2
3.6
-.1
2.9
-4.6
.2
-.5
1.6
-3.8

2.4
2.5
2.9
3.6
1.6
3.8
5.2
1.2
1.4
5.5
-.2

-.6
-1.1
1.4
3.0
-.7
-11.6
-19.5
.1
.4
7.3
2.7

.5
.8
1.9
6.6
.2
-2.9
-11.6
1.7
.0
-1.0
-14.0

-1.1
-.7
-1.7
-1.5
-2.5
8.2
5.2
-1.4
-2.7
-6.9
3.1

4.6
5.3
4.7
8.3
3.6
12.1
20.1
2.8
.4
-.9
9.9

-.4
-.7
1.8
2.3
-.3
-10.2
-17.9
.1
.7
2.2
6.8

3.6
5.0
16.6
38.9
2.7
-19.3
-25.2
-2.3
-7.4
10.4
11.2

1.6
60
-1.1

.4
1.9
-.5

.7
1.6
.1

-1.0
-2.2
-.2

.7
2.1
-.2

.3
.4
.3

-.3
-2.2
1.0

-1.1
-3.3
.3

.4
3.8
-1.5

.8
2.2
-.1

.9
1.4
.6

2.0

1.9

.0

.0

.8

-.4

-.4

.3

1.9

-.6

1.4

7.1
58
8.8
6.0
°t 4.6
— °, -3.1
-9'.2
-18.3
-3.0
-8.0 -10.9
-6.5
-3.4
-10.2
5.0
1.0
-5.6
-3.4
-1.9
9.5 -12.0

4.6
-5.6
12.4
2.3
-3.8
-5.8
16.6
-9.8
-3.9
.2
2.3
.1
6.5

-.4
-.6
-.1
»5
-1.2
7
-1.4
.8
-.6
4.3
.4
.2
.6

.6
.8
.5
.6
-.8
-1.6
-3.0
-1.9
-.2
-3.2
-.2
-.6
.6

1.3
.1
3.1
.2
-.9
.1
-.4
.7
-.3
.7
.2
.5
-.3

-1.2
-6.6
.5
-.3
.8
.5
1.6
1.2
-.3
.8
1.0
1.4
.2

-.5
-2.1
1.4
-1.8
-2.0
-3.4
-8.7
-3.1
-2.8
-1.8
3.1
1.9
5.3

-1.1
-.3
-1.8
-.8
-.2
2.4
5.9
3.3
1.3
1.8
2.1
1.1
4.0

3.2
4.1
3.3
2.7
1.8
1.3
.9
1.0
2.4
-.3
-1.0
.4
-3.5

-.6
-5.5
.8
.4
.9
.6
2.9
.1
-1.0
3.0
-1.6
-1.1
-2.5

3.9
-6.6
13.0
.6
-1.0
-4.4
-10.7
-6.0
-3.8
-.5
.7
.2
1.6

.8
.7
-.8

3.7
4.3
1.1

.1
.2
.1

-.1
.0
-.4

1.2
1.2
1.2

.1
.3
-.6

-.1
.0
-.7

.0
.0
.1

1.6
1.6
2.0

.0
.2
-.7

4.2
2.5

-.1
.5

.5
-2.3

-.3
.0

-.8
-1.5

1.2
1.8

.3
-1.1

-.4
-4.0

1.0
-.8

.7
4.4

-.3
-.3

1.4
-.9

3.7
-4.1

6.2
2.6

2.0
-8.1

19.1
6.8

1.0
.4

2.0
.9

2.3
2.2

.5
-2.2

1.9
-.6

-1.1
-.5

4.1
4.5

.9
-1.5

7.9
-1.8

-1.1

2.4

4.3

1.8

-.1

.0

1.0

-.8

-1.3

-.2

2.7

-.3

1.6

1.6

-1.4

3.2

.6

2.7

.2

Products, total
Final products

1.0
1.3

-2.1
-1.5

3.9
4.1

-.4
-1.0

3.3
4.2

.3
.2

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

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

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

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

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

-1.1
-12.7
-14.7
-21.0
-34 8
-4.3
-.8
-10.7
-23.0
-11.1
-2.9
2.3
3.4
-8.8
3.0
-2.4
9.9
11.7
9.2

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

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

.4
1.6
12.3
35.4
-1.9
-11.1
-17.6
-12.2
-7.tt
4.7
1.0

45
6.1
12.0
23.9
6.4
-6.6
5.5
-.6
SJ
-.8
17.2

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

-.1
-.4
.0

-4.2
-7.8
-1.8

3.3
1.1
A.f

2.4

-.3

2.1

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

-1.1
-14.4
12.7
-5.9
-4,8
-1.0
-8.1
4.2
-.0
-2.1
2.7
1.5
4.9

7.2
o r.
1?\5

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

1.7
1.8
.6

-.7
-.3
-2.4

3.2
3.3
2.5

Consumer goods excluding:
Autos and trucks
Energy

.8
-.1

-1.2
-3.8

5.6
-1.2
3.1

Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

Mar. 95
to
Mar. 96

1.3

Total index

Intermediate products
Construction supplies
Business supplies

Not seasonally adjusted
1995 1996
Dec.r Jan.r Feb/ Mar.P

E,

-.3

SPECIAL AGGREGATES

Business equipment excluding:
Autos and trucks
Computer and office equipment
Materials excluding:
Energy

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




2.1

I

2 5

-.1

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index, 1987=100
SeasonallvAdiusted
1996
Nov.
Dec/
Jan. r
Feb.r

1992
Value
added 1
Index

1995
Oct.

100.0

107.7

122.2

122.6

122.8

122.5

85.4

108.2

124.4

124.5

124.8

26.6
58.9

104.8
109.7

117.0
127.9

117.1
128.0

45.0
2.0
1.4
2.1

109.3
95.2
99.2
95.3

133.5
105.7
110.9
104.5

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

3.1
1.7
.1
1.4
5.0

101.9
104.7
101.2
98.1
99.0

8.0
1.8
7.2

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

Mar.P

124.1

123.5

123.5

121.5

121.0

121.0

123.8

123.0

124.5

126.4

125:4

127.0

123.6

121.5

120.6

124.7

124.5

117.3
128.4

116.7
128.2

116.9
130.8

117.0
129.4

119.1
130.7

116.7
126.9

113.8
125.2

114.1
123.7

116.4
128.6

116.9
128.2

134.3
104.8
109.8
104.9

134.8
106.9
109.3
104.3

134.9
104.7
108.5
105.2

137.6
104.9
110.3
104.7

135.7
106.3
110.3
104.0

135.9
111.0
111.9
107.6

133.7
103.4
107.7
105.1

132.6
99.9
107.8
100.2

131.2
101.0
104.7
99.1

137.4
103.2
109.5
101.0

136.3
104.9
109.0
102.3

115.7
115.1
111.3
115.8
114.0

120.8
126.1
116.4
113.8
114.5

120.0
122.7
118.0
116.2
115.0

121.4
128.1
113.9
112.8
115.4

118.8
120.1
112.5
116.6
117.0

120.1
123.5
113.4
115.5
115.9

115.7
114.8
111.9
116.3
116.1

119.8
124.8
114.8
113.4
114.9

116.7
118.5
112.0
114.0
114.6

120.9
126.4
114.1
113.8
111.2

122.1
124.3
117.1
118.8
114.6

123.2
127.2
117.1
117.9
115.3

124.0
172.6
123.5

183.8
402.9
182.4

186.5
417.8
183.6

190.1
431.7
182.8

192.1
447.3
182.1

196.3
463.3
188.5

197.6
477.1
188.0

184.4
411.1
185.3

181.0
399.5
185.3

186.2
425.7
183.9

183.9
419.4
179.5

195.3
454.0
187.0

197.7
464.5
187.8

372-6,9
38
39

9.5
4.8
2.5
4.7
5.4
1.3

104.8
107.4
102.1
102.3
106.3
106.9

109.3
139.7
128.4
80.0
111.4
122.2

108.6
140.7
129.6
77.7
111.5
123.3

109.7
141.2
131.5
79.4
109.7
123.5

108.3
135.4
123.3
82.3
110.8
122.1

111.9
141.0
132.6
83.8
113.0
124.2

102.0
120.0
109.8
84.7
113.7
124.6

113.9
149.5
144.9
79.8
112.1
127.0

108.7
140.3
129.7
78.3
111.1
127.8

105.4
130.7
114.1
81.1
109.8
124.4

106.2
131.1
116.1
82.2
108.4
118.5

115.5
148.8
144.5
83.5
110.8
121.2

106.3
128.6
122.7
84.9
112.0
123.5

20
21
22
23
26

40.5
9.4
1.6
1.8
2.2
3.6

106.7
106.9
95.8
104.0
95.0
110.0

114.3
115.4
88.2
111.1
93.3
119.7

113.7
114.8
88.9
108.9
92.4
116.2

113.8
114.8
88.4
108.3
91.5
118.2

113.0
115.0
86.6
103.8
89.2
114.4

114.0
116.4
88.0
104.7
91.1
115.1

114.0
117.1
89.8
106.1
90.2
116.7

117.1
121.2
98.7
116.4
94.4
122.0

112.5
114.9
86.9
106.2
93.0
115.4

109.4
111.5
72.4
97.3
91.1
112.6

109.0
109.4
85.6
99.1
85.8
116.4

110.8
110.3
90.9
103.9
89.7
117.6

111.6
112.0
91.5
106.3
89.2
117.8

27
28
29
30
31

6.8
9.9
1.4
3.5
.3

98.1
114.4
102.6
116.2
89.0

98.9
126.7
106.9
139.7
79.7

99.3
126.0
107.4
140.3
78.2

98.8
126.5
108.9
139.3
76.8

98.0
126.8
109.0
139.0
75.3

99.3
126.7
111.5
139.9
76.9

98.6
126.3
111.2
138.7
77.4

99.8
126.9
109.0
141.7
81.0

97.7
122.5
110.0
139.8
79.6

96.7
120.2
109.6
137.7
77.2

93.5
121.7
101.6
137.2
73.7

95.2
123.1
103.0
139.7
74.9

95.7
123.7
103.3
138.7
76.5

10
12
13
14

6.9
.5
1.0
4.8
.6

98.9
163.7
108.2
93.2
99.1

98.2
178.3
112.3
89.2
112.4

98.3
175.9
109.5
90.1
110.9

98.1
172.8
108.5
90.1
112.4

97.0
160.0
103.3
90.6
108.9

98.5
157.7
108.0
91.2
114.5

100.4
157.3
114.8
92.5
115.5

99.7
173.1
114.2
90.4
118.8

100.4
173.0
109.4
92.9
113.3

99.1
169.9
104.9
92.8
107.1

96.7
154.8
105.4
91.9
93.1

98.5
158.4
115.3
91.7
98.4

99.9
157.7
120.5
91.7
106.1

491,3pt
492,3pt

7.7
6.1
1.6

111.9
111.7
112.7

121.6
123.7
113.6

125.4
123.6
132.5

125.1
123.9
129.9

125.7
125.5
126.3

124.3
125.0
121.4

125.1
124.8
126.1

108.4
114.6
84.2

119.5
115.0
137.0

137.3
124.6
187.5

150.9
132.8
222.1

138.8
125.2
192.7

129.6
119.1
171.0

80.6
83.7

108.2
106.3

123.4
119.6

123.6
119.6

123.9
119.7

123.8
119.2

125.5
120.8

125.7
119.7

125.7
122.1

122.6
118.9

121.0
116.5

120.0
115.7

123.3
119.3

124.3
119.0

11.6
6.1
5.5
5.2
0.3

11.7
6.1
5.6
5.3
0.3

11.9
6.1
5.8
5.5
0.3

11.2
5.7
5.5
5.2
0.3

11.9
6.1
5.9
5.6
0.3

9.9
4.7
5.2
5.0
0.2

13.3
7.0
6.3
6.0
0.3

11.9
6.2
5.7
5.4
0.3

10.0
5.2
4.7
4.5
0.2

11.2
5.7
5.5
5.2
0.3

12.6
6.5
6.1
5.8
0.3

10.7
5.1
5.6
5.4
0.2

SIC

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

24
25
32

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 produc ts
Leather and products
Mining
Metal mining
Coal miningf
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

Not seasonally adjusted
1996
Feb. r
Jan. r
Nov.
Dec. r

1995
Oct.

Mar.P

SPECIAL A G G R E G A T E S
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Memo: Motor vehicle assemblies 2
Total
Autos
Trucks
Light
Heavy and medium

1. Proportion as a share of the value added for the total index.
2. Millions of units at an annual rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments,
and miscellaneous manufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

__£KL

1994Q4
to
1995Q4

Seaionallyadjustec
Seasonallvadiusted
_ aqnual rate
1995 "
T 9 9 6 " 1995
1996
Mar.P
Q2 _ J Q 3 „ «_34L_ Q1P - £ © £ / _ _ Jan. r
Feb/
.6

2.7

2.6

1.4

2.7

.3

-.3

1.5

-.8

-2.1
4.8

.1
2.0

-.8
4.3

.2
.3

-.5
-.2

.2
2.1

.0
-1.1

5.2
6.7
.6
-1.8

3.6
4.7
-4.8
4.8

5.7
-1.9
-1.0
.3

A
2.0
-.4
-.6

.1
-2.0
-.7
,9

2.0
.2
1.6
-.5

-1.4
1.3
.0
-.7

•~p 9

4.5
-4,1
2.5

2.1
-.1
1.6
5.0
2.1

4.3
8.9
-6.6
-1.1
5.7

-.6
-2.7
1.4
2.1
.4

1.2
4.4
-3.4
-2.9
.4

-2.2
-6.3
-1.3
3.3
1.3

6.1
35.4
8.1

10.7
23.9
17.9

18.8
45.0
10.5

19.7
50.7
7.3

1.9
3.3
-.4

1.1
3.6
-.4

372-6,9
38
39

-6.2
-2.6
-2.7
-11.8
.6
.6

-12.9
-18.2
-21.3
-3.9
-.6
-3.1

-2.8
.6
-.8
-7.9
1.5
-1.4

-13.7
-.5
.3
-31.5
-.2
2.4

-6.4
-21.8
-22.3
25.1
5.8
2.1

1.0
.4
1.5
2.2
-1.6
.2

20
21
22
23
26

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

-2.5
2.4
13.6
-8.8
-11.8
.5

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

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

-1.0
4.1
-1.8
-15.6
-9.3
-8.7

27
28
29
30
31

-1.9
2.4
.2
-.5
-9.2

-3.9
-4.2
-1.1
-7.2
-13.9

3.5
2.0
4.5
-.6
-10.6

-3.0
5.9
-5.2
3.0
-8.5

10
12
13
14

-1.8
8.0
-3.1
-3.0
2.0

.4
1.2
-10.9
3.6
-3.5

-1.8
16.7
9.4
-6.5
3.2

491,3pt
492,3pt

6.2
5.1
10.5

8.0
5.3
19.3

1.7
.3

-1.0
-3.4

1.6

-1.4

1.4

-2.2

-1.1
2.5

-4.7
-1.1

3.4
-.2
-3.7
.1

-2.0
-9.0
-9.6
-4.5

33
Primary meta s
331,2
Iron and steel
Raw steel
333-6.9
Nonferrous
34
Fabricated metal products
Industrialmachinery
35
and equipment
357
Computer and office equip.
36
Electrical machinery

-1.7
-2.4
.7
-.7
.9

-6.8
-10.6
-8.3
-1.8
-4.4

12.5
36.2
11.9

37
371

Total index
Manufacturing
Primary p r o c e s s i n g
A d v a n c e d proeesssng
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products

Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics product s
Leather and products
Mining
Metaimining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

24
25
32

Not seasonally adjusted
Mar. 95
to
1995
1996
r
r
Jan.
Dec.
FebJL._.Ma_r.P__ _.Mai^96„.
.0

2.3

-.6

1.3

-1.7

-.7

3.4

-.1

1.1

-2.5
-1.3

,2
-1.2

2.1
4.0

.4
-.4

-1.6
2.3

-.8
-3.4
.0
-4.7

-1.0
1.2
-2.9
-1.1

4.7
2.1
4.6
1.9

-.7
1.7
-.5
1.3

2.7
2.2
-2.7
-.7

1.1
2.8
.8
-.9
-.9

-2.6
-5.0
-2.5
.5
-.3

3,6
67
1.9
-2
-3.0

1.0
-1.6
2.7
4.5.
3.1

.9
2.3
-.1
-.8
.6

-1.0
-1.8
-2.9
.1
1.4

2.2
3.6
3.5

.7
3.0
-.2

2.S
6.6
-.7

-1.2
-1.5
-2.4

6.2
8.3
4.2

1.2
2.3
A

14.7
38.9
11.0

-1.3
-4.1
-6.2
36
.9
-1.2

3.3
4.2
7.5
1.9
2.0
1.8

-8.8
-14.9
-17.2
1.0
.6
.3

-3.0
-6.9
-12.0
3.6
-1.2
-2.6

.7
.3
1.7
1.3
-1.3
-4.8

8.8
13.5
24.5
1.5
2.2
2.2

-7.9
-13.5
-15.1
1.7
1.1
2.0

-13.5
-18.7
-20.4
-5.4
2.5
1.1

.1
.0
-6
-.6
-1.0
1.8

-.7
.1
-2.0
-4.2
-2.5
-3.2

.9
1.2
1.6
1.0
2.1
.6

.1
.7
2.2
1.3
-1.1
1.4

-2.8
-3.0
-16.7
-8.4
-2.0
-2.5

-:4
-1.8
18.2
1.8
-5.8
3.4

1.7
.7
6.2
4.9
4.5
1.0

.7
1.6
.6
2.3
-.5
.2

-.9
1.9
-2.7
-8.6
-9.3
-3.6

-1.7
.8
11.0
-1.6
-8.4

-.5
.4
1.4
-.7
-1.8

-.8
.2
.1
-.2
-1.9

1.3
-.1
2.3
.6
2.1

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

-1.0
-1.9
-.4
-1.5
-3.0

-3.4
1.3
-7.3
-.4
-4.5

1.9
1.1
1.4
1.8
1.6

.5
.6
.3
-.7
2.2

-.8
1.1
1.9
-1.7
-9.7

-7.7
9.6
-13.9
-8.5
-3.1

1.7
-34,0
-4.9
7.5
4.1

-.2
-1.7
-1.0
.0
1.3

-1.2
-7.4
-4.8
.5
-3.1

1.6
-1.5
4.6
.7
5.2

2.0
-.2
6.3
1.4
.9

-1.3
-1.8
-4.1
-.1
-5.5

-2.4
-8.9
.5
-1.0
-13.0

1.9
2.3
9.4
-.2
5.7

1.4
-.4
4.4
.1
7.9

.1
-4.4
.7
.3
1.1

14.2
16.0
7.5

-2.1
-3.9
5.3

3.2
4.6
-2.2

-.3
.2
-2.0

.5
1.3
-2.7

-1.1
-.5
-3.9

.7
-.1
3.8

15.0
8.4
36.9

9.9
6.6
18.4

-8.0
-5.8
-13.3

-6.7
-4.9
-11.3

4.9
4.4
6.8

2.8
1.9

1.6
-.1

4.6
.9

.2
.1

.0
-.5

1.3
1.4

2
-1.0

-1.3
-2.0

-.8
-.7

2.7
3.2

.8
-.3

2.5
-.3

3,2

~i'b

.2

-.3

1.3

-.5

-A

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
1995
Proportion

19671995
Ave.

1973
High

Total industry

100.0

82.1

89.2

87.3

Manufacturing

87.3

81.4

88.9

25.2
62.1

82.6
80.7

48.7
1.8
1.4
2.1

1978- '
1980
1982
High
Low

19881989
High

19901991
Low

1995
Mar.

1995
Oct.

Nov.

Dec/

1996
Jan. r

Feb/

Mar.P

71.8

84.9

78.0

84.6

82.9

829

82.8

82.3

83.2

82.5

87.3

70.0

85.2

76.6

84.0

82.1

81.9

81.9

81.3

82.3

81.4

92.2
87.5

89.7
86.3

66.8
71.4

89.0
83.5

77.9
76.1

88.9
81.9

86.0
80.5

85.9
80.3

85.8
80.2

85.2
79.7

85.2
81.1

85.1
79.9

79.4
83.4
81.9
78.0

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
93.3
86.8
83.8

73.7
76.1
72.2
71.0

83.9
88.4
84.6
80.7

82.0
88.8
81.2
79.7

82.2
87.9
80.2
79.9

82.1
89.5
79.6
79.3

81.8
87.6
78.9
80.0

83.1
87.7
80.1
79.5

81.6
88.7
80.0
78.9

80.9
80.6
80.3
81.7
73.5
88.6

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.8
95.7
92.7
88.7
85.9
100.4

74.2
72.0
71.5
75.2
73.6
97.3

95.5
95.9
97.8
94.9
86.1
78.8

90.1
86.5
92.3
94.6
85.7
81.6

93.9
94.7
96.3
92.9
86.0
82.6

93.2
91.9
97.5
94.7
80.9
84.0

94.1
95.9
93.8
91.9
89.8
84.4

92.0
89.7
92.0
95.0
82.8
85.1

92.9
92.0

333-6,9
3331
3334

2.9
1.6
.1
1.3
.1
.1

94.1
88.0
85.2

34

5.1

77.8

87.8

83.9

62.9

82.0

71.3

84.9

83.7

83.9

84.1

84.4

85.4

84.6

35
357
36

9.6
3.2
8.7

81.2
80.7
80.8

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

84.0
84.4
84.9

71.8
64.5
77.0

87.8
85.9
87.5

88.4
88.6
87.6

88.9
90.2
87.2

89.9
91.5
86.0

90.1
93.0
84.7

91.3
94.5
86.9

91.1
95.4
85.8

37
371

75.1
76.2

83.8
93.4

372-6,9
38
39

10.3
5.8
2.9
4.5
5.3
1.5

75.2
81.8
75.5

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.4
85.1
89.1
88.4
81.2
80.1

69.7
56.6
53.3
78.8
76.8
73.0

77.5
85.4
86.9
67.7
78.2
75.4

70.7
78.5
79.8
60.6
78.1
73.1

70.1
78.7
80.3
58.8
78.1
73.5

70.6
78.7
81.3
60.1
76.8
73.4

69.6
75.2
76.1
62.3
77.5
72.3

71.8
78.2
81.8
63.5
78.9
73.4

65.4
66.4
67.7
64.2
79.4
73.5

20
22
23
26
261-3
27

38.7
9.1
1.7
2.1
3.2
1.3
6.4

83.5
82.3
86.2
80.9
89.9
92.5
86.0

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.7
83.3
92.1
84.2
94.8
98.1
92.3

80.3
80.8
78.8
75.0
86.7
90.1
79.0

84.1
82.7
89.8
79.3
92.5
96.4
80.1

82.2
82.0
84.3
73.9
90.0
93.7
78.6

81.6
81.4
82.5
73.1
87.1
89.2
78.8

81.5
81.3
81.8
72.4
88.4
89.4
78.2

80.7
81.3
78.2
70.5
85.4
88.4
77.4

81.3
82.2
78.8
72.0
85.7
88.9
78.3

81.2
82.6
79.8
71.3
86.7
89.6
77.7

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

9.9
.7
.4
1.2
3.5
.2

79.8
86.2
85.2
86.0
84.4
82.2

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

79.0
74.8
77.6
84.6
78.0
76.0

81.1
93.3
95.9
94.0
92.2
84.9

81.1
89.4
88.5
91.8
87.5
79.5

80.5
90.3
89.1
92.1
87.3
78.1

80.6
89.6
88.3
93.3
86.2
76.8

80.7
90.8
86.1
93.4
85.6
75.4

80.4

80.0

83.8
95.5
85.8
77.1

95.1
84.7
77.8

10
12
13
138
14

5.7
.4
.9
3.9
.6
.5

87.4
78.7
86.9
88.2
72.6
84.6

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

86.5
87.9
91.4
86.1
60.7
90.0

86.1
80.0
83.4
86.8
53.7
79.4

89.6
85.2
86.6
90.1
71.3
93.3

87.6
91.9
84.7
87.4
69.2
90.1

87.7
90.6
82.6
88.4
69.1
88.7

87.6
88.9
81.7
88.4
69.8
89.7

86.5
82.3
77.7
89.0
71.0
86.7

87.9
81.0
81.2
89.6
75.0
91.1

89.6
80.7
86.3
90.9
80.7
91.7

491,3pt
492,3pt

6.9
5.4
1.5

86.9
89.0
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.1
86.7
68.3

88.6
90.7
81.3

89.8
93.1
77.9

92.5
93.0
90.8

92.2
93.1
89.0

92.6
94.2
86.5

91.4
93.7
83.1

92.0
93.6
86.2

SIC

Item

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 trucks 1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
A p p a i t ! 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

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

SIC

Item

Percent change
Annual rate
"|
December to December
1967- 1967- 19751995 1975 1995
Ave.
Ave.
Ave. 1991 1992 1993 1994 1995
2.9

Total industry

3.7

2.5

1.9

2.1

2.1

3.2

Capacity indexes
Percent of 1987 output
1995
Mar.

1995
Oct.

Nov.

Dec.

1996
Jan.

Feb.

Mar.

147.8

148.3

148.8

149.2

149.6

3.9

144.1

147.3
151.4

3.3

3.9

3.0

1.9

2.5

2.5

3.6

4.3

147.7

152.0

152.5

153.0

153.5

154.0

2.2
3.8

4.0
3.9

1.4
3.8

1.2
2.4

1.4
2.9

1.5
2.9

2.2
4.2

2.9
4.9

133.7
154.4

136.0
158.8

136.4
159.5

136.7
160.1

137.0
160.8

137.2
161.4

137.4
162.0

3.6
1.7
3.0
1.3

3.7
2.9
4.5
2.5

3.5
1.2
2.3
.8

2.3
-.1
.3
.6

2.5
.7
1.0
.7

3.1
1.2
1.9
.2

4.8
.8
1.9
1.0

5.6
2.0
3.1
1.6

157.5
117.6
134.0
129.8

162.7
11.9.0
136.5
131.1

163.4
119.2
136.9
131.2

164.2
119.4
137.2
'131 .'4

165.0
119.5
137.5
131.6

165.7
11:9.7
137.7
131.6

166.3
119.8
137.8
131.7

1.7
.7
.3
3.6
1.8
5.2

-.7
-1.4
-1.8
.3
-.4
-.4

-.9
-1.4
-1.7
.1
6.5
.6

-1.2
-2.4
-3.1
.4
7.8
.3

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

2.0
3.1
1.4
.6
-1.2
.0

1.4

333-6,9
3331
3334

.0
-.8
-1.2
1.3
.3
1.3

.9
1.1
3.0
.0

127.1
131.2
119.4
121.6
157.2
125.0

128.4
133.0
120.6
122.4
160.0
125.0

128.6
133.2
120.8
122.5
160.5
125.0

1288
133.5
121.0
122.7
160.9
125.0

129.0
133.6
121.4
122.7
160.9
125.0

129.2
133.9
122.3
122.8
160.5
125.0

129.3
134.2
123.2
122.8
160.0
125.0

34

1.6

3.1

1.0

-.2

.4

1.1

1.9

2.0

134.7

136.2

136.5

136.7

136.9

137.0

137.1

35
357
36

6.6
20.6
5.9

4.7
12.0
6.1

7.5
24.7
5.8

5.2
14.0
4.9

4.0
14.0
6.5

6.0
19.1
7.4

9.0
25.5
9.9

10.2
24.7
13.2

196.4
400.1
193.5

207.9
454.9
208.2

209.7
463.3
210.4

211.5
471.9
212.7

213.3
480.9
214.9

215.1
490.3
217.0

216.9
499.9
219.1

37
371

2.7
3- 4

3.0
4.5

2.5
2.9

372-6,9
38
39

1.8
4.8
2.5

1.3
7.6
4.4

2.0
3.7
1.6

1.6
3.1
1.0
-.1
1.2
2.7

2.1
3.8
2.5
.3
1.3
5.0

1.9
4.6
2.7
-.9
.9
3.6

3.5
6.8
6.1
-.2
.9
3.9

2.8
5.2
2.7
-.1
1.0
4,0

152.1
172.8
158.6
132.2
141.8
163.4

154.6
177.9
161.0
132.1
142.6
167.2

155.0
178.7
161.3
132.1
142.7
167.8

155.3
179.5
161.7
132.1
142.9
168.3

155.6
180.0
162.0
132.0
143.0
168.8

155.7
180.3
162.1
132.0
143.1
169.2

155.9
180.7
162.3
131.9
143.3
169.6

20
22
23
26
261-3
27

2.9
2.5
2.2
1.4
2.8
2.4
3.0

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.3
1.3
1.0
2.3
2.1
3.0

1.8
1.8
1.5
-.5
2.7
2.9
.6

2.4
2.2
2.6
2.4
2.2
2.2
1.0

1.7
2.1
3.4
2.5
2.2
1.7
-1.0

2.2
2.0
3.1
.9
2.1
1.4
1.8

2.7
2.0
3.1
1.2
2.9
2.6
2.5

136.9
139.1
129.4
125.3
130.9
125.6
124.0

139.0
140.7
131.7
126.2
133.1
127.5
125.8

139.4
140.9
132.1
126.3
133.4
127.8
126.1

139.7
141.2
132.4
126.4
133.8
128.0
126.4

140.0
141.4
132.7
126.5
134.1
128.3
126.6

140.2
141.6
132.9
126.5
134.3
128.6
126.7

140.5
141.9
133.1
126.5
134.6
128.9
126.9

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
6.5
4.2
1.5
5.6
-3.2

6.8
12.7
9.7
4.2
8.6
-1.5

2.5
3.8
1.8
.3
4.3
-4.0

3.2
1.0
1.5
-1.0
3.5
-4.4

4.1
1.1
5.0
-1.3
4.2
-2.6

2.5
.4
1.5
-.5
4.1
-2.2

2.2
3.3
3.6
.3
4.7
-2.6

2.5
5.0
3.5
.6
7.5
-1.3

154.0
132.7
134.6
116.1
153.0
101.0

156.2
136.6
137.3
1.16.5
159.6
100.3

156.6
137.1
137.7
116.6
160.6
100.2

156.9
137.7
138.0
116.6
161.6
100.1

157.2
138.2
138.4
116.7
162.4
99.9

157.5
138.6
138.6
116.8
163.1
99.7

157.9
139.0
138.9
116.8
163.7
99.6

.0
1.3
2.4
-.5
.3
1.0

-.1
.7
2.5
-1.0
.8
2.6

.1
1.6
2.4
-.4
.1
.3

-.2
2.0
2.1
-.9
-5.5
-.5

-1.2
2.5
.9
-2.3
-8.2
.6

-.9
1.6
1.1
-1.9
-6.2
.9

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

.1 '
.8
1.1
-.6
-2.4
3.1

112.0
193.0
131.7
102.4
122.4
122.4

112.1
194.0
132.6
102.0
120.6
124.6

112.1
194.2
132.7
101.9
120.4
125.0

112.1
194.3
132.8
101.9
120.1
125.3

112.1
194.5
132.9
101.8
119.9
125.5

112.1
194.7
133.0
101.8
119.6
125.7

112.1
194.9
133.2
101.7
119.4
125.9

2.8
3.9
.3

6.0
7.8
2.3

1.4
2.2
-.6

1.2
1.6
.0

1.2
1.5
.0

.5
.6
.2

.5
.4
.5

1.1
1.2
.7

134.6
131.8
145.2

135.4
132.8
145.8

135.6
133.0
145.9

135.7
133.1
146.0

135.8
133.2
146.1

135.9
133.3
146.2

136.0
133.4
146.3

Manufacturing
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

Mininq
Metalmining
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

10
12
13
138
14
491,3pt|
492,3pt

i.7

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug-

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1984
1985
1986
1987
1988

2.0
.4
.5
-.3
.3

-.1
.7
-.7
1.4
.2

1.0
.3
-.9
.4
.0

.6
.4
.2
.5
.8

.7
.2
.0
.6
-.3

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

.4
-.3
.5
.4
.6

.1
.5
.2
.3
.6

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

-.7
-.8
.7
1.3
.3

.0
.4
.7
.1
.6

-.6
1.0
.6
.7
.6

11.2
2.4
2.4
5.5
3.8

7.7
3.8
-3.4
8.1
3.0

4.0
.1
1.3
5.2
2.9

-3.4
1.2
5.8
6.5
3.0

9.3
1.7
.9
4.9
4.4

1989
1990
1991
1992
1993

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

-.5
.5
-1.0
.6
.4

.9
.3
-.8
.9
.0

.0
-.7
.3
.7
.2

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

-.3
.2
1.1
-.3
.2

-1.0
-.2
.2
.8
.6

.5
.3
.3
-.2
.0

-.4
.0
.8
.2
.7

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

.4
-1.3
-.1
.6
.7

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

3.9
2.1
-8.4
.8
3.7

.3
1.1
1.1
7.0
.5

-4.4
1.6
6.7
3.1
3.2

-.2
-5.2
2.0
4.9
5.5

1.5
.0
-1.8
3.4
3.5

1994
1995
1996

.4
.3
-.3

.8
-.1
1.3

.8
.1
-.5

.3
-.4

.5
.0

.5
1

.2
.1

.5
1.0

.7
-.5

.5
.3

.8
.2

8.4
3.9
2.7

7.0
-1.4

4.6
3.2

6.4
.6

5.9
3.2

industrial
Production
1984
1985
1986
1987
1988

91.0
93.1
96.1
96.5
103.2

90.9
93.8
95.5
97.9
103.4

91.9
94.1
94.6
98.2
103.4

92.4
94.5
94.8
98.8
104.3

93.0
94.7
94.7
99.4
104.0

93.5
94.4
94.3
100.3
104.0

93.9
94.1
94.8
100.6
104.6

94.0
94.5
94.9
100.9
105.2

93.9
95.0
95.0
100.7
104.7

93.2
94.2
95.6
102.1
105.0

93.3
94.6
96.3
102.2
105.6

92.8
95.6
96.8
102.8
106.3

91.3
93.6
95.4
97.5
103.3

93.0
94.5
94.6
99.5
104.1

93.9
94.6
94.9
100.8
104.8

93.1
94.8
96.2
102.3
105.6

92.8
94.4
95.3
100.0
104.4

1989
1990
1991
1992
1993

106.6
105.5
104.0
105.0
110.4

106.2
106.1
102.9
105.6
110.8

107.1
106.4
102.1
106.5
T10.8

107.1
105.7
102.4
107.3
111.1

106.7
106.5
103.2
107.8
110.6

106.4
106.7
104.3
107.5
110.8

105.3
106.5
104.5
108.4
111.4

105.8
106.8
104.8
108.2
111.4

105.4
106.8
105.7
108.4
112.2

105.0
106.3
105.8
109.2
112.3

105.4
105.0
105.6
109.8
113.1

106.1
104.5
105.1
110.0
114.1

106.6
106.0
103.0
105.7
110.7

106.7
106.3
103.3
107.5
110.8

105.5
106.7
105.0
108.3
111.7

105.5
105.3
105.5
109.7
113.2

106.0
106.0
104.2
107.7
111.5

1994
1995
1996

114.6
121.8
122.5

115.5
121.7
124.1

116.4
121.9
123.5

116.8
121.4

117.5
121.3

118.1
121.4

118.4
121.5

118.9
122.7

119.1
122.8

119.9
122.2

120.5
122.6

121.5
122.8

115.5
121.8
123.3

117.5
121.4

118.8
122.3

120.6
122.5

118.1
121.9

Capacity
1984
1985
1986
1987
1988

113.3
116.0
119.2
121.6
123.9

113.5
116.2
119.4
121.8
124.1

113.7
116.5
119.6
122.0
124.2

113.9
116.8
119.8
122.2
124.4

114.2
117.1
120.0
122.4
124.5

114.4
117.3
120.2
122.6
124.7

114.6
117.6
120.4
122.8
124.8

114.8
117.9
120.6
123.0
125.0

115.0
118.2
120.8
123.2
125.1

115.3
118.4
121.0
123.4
125.3

115.5
118.7
121.2
123.6
125.4

115.7
119.0
121.4
123.8
125.5

113.5
116.2
119.4
121.8
124.1

114.2
117.1
120.0
122.4
124.5

114.8
117.9
120.6
123.0
125.0

115.5
118.7
121.2
123.6
125.4

114.5
117.5
120.3
122.7
124.7

1989
1990
1991
1992
1993

125.7
128.1
130.5
132.9
135.8

125.9
128.3
130.7
133.2
136.0

126.1
128.5
130.9
13.3.4
136.3

126.3
128.7
131.1
133.6
136.5

126.5
128.9
131.3
133.9
136.7

126.7
129.1
131.5
134.1
137.0

126.9
129.3
131.7
134.3
137.2

127.1
129.5
131.9
134.6
137.5

127.3
129.7
132.1
134.8
137.7

127.5
129.9
132.3
135.1
137.9

127.7
130.1
132.5
135.3
138.2

127.9
130.3
132.7
135.5
138.4

125.9
128.3
130.7
133.2
136.0

126.5
128.9
131.3
133.9
136.7

127.1
129.5
131.9
134.6
137.5

127.7
130.1
132.5
135.3
138.2

126.8
129.2
131.6
134.2
137.1

1994
1995
1996

138.7
143.2
148.8

139.1
143.6
149.2

139.5
144.1
149.6

139.8
144.5

140.2
145.0

140.5
145.5

140.9
145.9

141.3
146.4

141.7
146.9

142.0
147.3

142.4
147.8

142.8
148.3

139.1
143.7
149.2

140.2
145.0

141.3
146.4

142.4
147.8

140.8
145.7

80.4
80.3
80.6
79.3
83.2

80.1
80.7
79.9
80.3
83.3

80.8
80.7
79.1
80.5
83.2

81.1
80.9
79.1
80.8
83.8

81.5
80.9
78.9
81.2
83.5

81.8
80.5
78.4
81.8
83.4

81.9
80.0
78.7
81.9
83.8

81.8
80.2
78.7
82.0
84.2

81.6
80.4
78.7
81.8
83.7

80.9
79.6
79.1
82.7
83.8

80.8
79.7
79.4
82.7
84.2

80.2
80.4
79.8
83.1
84.6

80.4
80.6
79.9
80.1
83.3

81.4
80.7
78.8
81.3
83.6

81.8
80.2
78.7
81.9
83.9

80.6
79.9
79.4
82.8
84.2

81.1
80.3
79.2
81.5
83.7

1989
1990
1991
1992
1993

84.8
82.4
79.7
78.9
81.3

84.3
82.7
78.7
79.3
81.5

84.9
82.8
78.0
79.9
81.4

84.8
82.1
78.1
80.3
81.4

84.3
82.6
78.6
80.5
80.9

83.9
82.6
79.3
80.2
80.9

83.0
82.4
79.4
80.7
81.2

83.3
82.5
79.4
80.4
81.1

82.8
82.4
80.0
80.4
81.5

82.3
81.8
79.9
80.8
81.4

82.5
80.7
79.7
81.2
81.8

82.9
80.2
79.2
81.2
82.4

84.7
82.6
78.8
79.4
81.4

84.3
82.5
78.7
80.3
81.0

83.0
82.4
79.6
80.5
81.2

82.6
80.9
79.6
81.0
81.9

83.7
82.1
79.2
80.3
81.4

1994
1995
1996

82.6
85.1
82.3

83.0
84.7
83.2

83.5
84.6
82.5

83.6
84.0

83.8
83.7

84.0
83.5

84.0
83.3

84.2
83.8

84.0
83.6

84.4
82.9

84.6
82.9

85.1
82.8

83.0
84.8
82.7

83.8
83.7

84.1
83.6

84.7
82.9

83.9
83.7

Utilization
1984
1985
1986
1987
1988

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 ad usted
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug-

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1984
1985
1986
1987
1988

2.3
.1
1.3
-.6
.2

.6
.6
-.4
1.7
.1

.9
.7
-1.0
.5
.2

.4
.3
.9
.4
.7

.5
.6
.0
.7
-.1

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

.4
-.2
.6
.4
.5

.2
.8
.5
.0
.4

-.1
.2
.3
.2
.0

.0
-.7
.7
1.0
.1

.0
1.3
.5
.4
.9

-.4
.1
1.0
.6
.6

13.3
1.7
4.6
6.3
3.6

6.9
5.1
.1
8.6
3.3

4.7
1.0
3.5
5.6
3.0

-.3
2.4
7.2
6.8
4.4

10.4
2.6
2.9
6.0
4.7

1989
1990
1991
1992
1993

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

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

.6
.4
-.9
.9
.0

.2
-.9
.3
.6
.4

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

-.2
.0
1.3
.0
.0

-1.2
-.3
.3
.8
.6

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

-.4
-.1
1.0
.1
.9

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

.3
-1.2
-.2
.6
.8

.2
-.5
-.4
.0
1.1

4.3
3.7
-9.8
2.3
4.6

-.3
.2
1.0
7.6
1.2

-5.3
1.0
8.1
3.8
3.0

-1.3
-5.5
2.5
4.3
6.0

1.6
-.3
-2.1
4.2
3.9

1994
1995
1996

.2
.3
-.3

.9
-.2
1.5

1.0
.1
-.8

.6
-.4

.6
-.3

.3
.1

.4
.0

.6
.7

.2
.6

.9
-.4

.6
.1

.9
.3

8.9
3.9
2.7

8.5
-2.2

5.1
2.6

7.9
1.4

6.6
3.4

industrial
Production
1984
1985
1986
1987
1988

87.1
89.9
94.0
96.2
103.2

87.6
90.4
93.6
97.8
103.4

88.3
91.1
92.7
98.3
103.6

88.7
91.4
93.5
98.7
104.3

89.1
92.0
93.6
99.4
104.2

89.7
91.5
93.3
100.3
104.2

90.1
91.3
93.9
100.7
104.7

90.3
92.0
94.4
100.7
105.1

90.2
92.3
94.6
100.9
105.2

90.2
91.6
95.3
102.0
105.3

90.2
92.8
95.8
102.4
106.2

89.8
92.8
96.7
103.0
106.8

87.7
90.5
93.5
97.4
103.4

89.2
91.6
93.5
99.4
104.2

90.2
91.9
94.3
100.8
105.0

90.1
92.4
95.9
102.5
106.1

89.3
91.6
94.3
100.0
104.7

1989
1990
1991
1992
1993

107.7
105.5
103.4
105.1
111.2

106.7
106.5
102.5
105.9
111.5

107.3
107.0
101.5
106.9
111.5

107.6
106.0
101.8
107.6
112.0

107.1
106.6
102.5
108.2
111.6

106.8
106.6
103.8
108.1
111.6

105.5
106.3
104.2
109.0
112.3

106.0
106.9
104.5
108.9
112.2

105.6
106.8
105.6
109.0
113.2

105.1
106.2
105.7
109.7
113.2

105.4
104.9
105.5
110.4
114.1

105.6
104.4
105.1
110.3
115.3

107.2
106.3
102.5
106.0
111.4

107.2
106.4
102.7
108.0
111.7

105.7
106.6
104.8
109.0
112.5

105.4
105.1
105.4
110.1
114.2

106.4
106.1
103.8
108.2
112.3

1994
1995
1996

115.5
124.1
124.5

116.6
123.9
126.4

117.8
124.0
125.4

118.5
123.5

119.1
123.2

119.5
123.3

120.0
123.3

120.7
124.2

120.9
124.9

122.0
124.4

122.7
124.5

123.8
124.8

116.6
124.0
125.4

119.0
123.3

120.5
124.1

122.8
124.6

119.7
123.9

Capacity
1984
1985
1986
1987
1988

109.4
113.1
117.6
121.2
124.1

109.7
113.4
117.9
121.5
124.3

110.0
113.8
118.2
121.7
124.5

110.3
114.2
118.5
121.9
124.7

110.6
114.6
118.8
122.2
124.9

110.9
115.0
119.1
122.4
125.1

111.2
115.3
119.3
122.7
125.3

111.5
115.7
119.6
122.9
125.5

111.8
116.1
119.9
123.2
125.7

112.1
116.5
120.2
123.4
125.9

112.4
116.9
120.5
123.7
126.0

112.7
117.2
120.8
123.9
126.2

109.7
113.4
117.9
121.5
124.3

110.6
114.6
118.8
122.2
124.9

111.5
115.7
119.6
122.9
125.5

112.4
116.9
120.5
123.7
126.0

111.1
115.2
119.2
122.6
125.2

1989
1990
1991
1992
1993

126.5
129.4
132.0
134.6
138.0

126.7
129.6
132.2
134.9
138.2

127.0
129.8
132.5
135.2
138.5

127.2
130.1
132.7
135.5
138.8

127.4
130.3
132.9
135.7
139.1

127.7
130.5
133.1
136.0
139.4

127.9
130.7
133.3
136.3
139.7

128.2
130.9
133.5
136.6
139.9

128.4
131.2
133.7
136.8
140.2

128.7
131.4
133.9
137.1
140.5

128.9
131.6
134.2
137.4
140.8

129.2
131.8
134.4
137.7
141.1

126.7
129.6
132.2
134.9
138.2

127.4
130.3
132.9
135.7
139.1

128.2
130.9
133.5
136.6
139.9

128.9
131.6
134.2
137.4
140.8

127.8
130.6
133.2
136.1
139.5

1994
1995
1996

141.5
146.6
153.0

141.9
147.2
153.5

142.3
147.7
154.0

142.7
148.2

143.1
148.7

143.6
149.2

144.0
149.8

144.4
150.3

144.9
150.9

145.3
151.4

145.7
152.0

146.2
152.5

141.9
147.2
153.5

143.1
148.7

144.4
150.3

145.7
152.0

143.8
149.5

79.6
79.5
80.0
79.3
83.2

79.9
79.7
79.4
80.5
83.1

80.3
80.0
78.5
80.7
83.2

80.4
80.0
79.0
80.9
83.6

80.6
80.3
78.8
81.3
83.4

80.9
79.6
78.4
81.9
83.3

81.0
79.2
78.7
82.1
83.6

80.9
79.5
78.9
81.9
83.8

80.7
79.5
78.9
81.9
83.7

80.5
78.6
79.3
82.6
83.7

80.3
79.4
79.5
82.8
84.3

79.7
79.2
80.0
83.1
84.6

79.9
79.8
79.3
80.2
83.2

80.6
80.0
78.7
81.4
83.5

80.9
79.4
78.8
82.0
83.7

80.2
79.1
79.6
82.8
84.2

80.4
79.5
79.1
81.6
83.6

1989
1990
1991
1992
1993

85.2
81.6
78.3
78.1
80.6

84.2
82.2
77.5
78.5
80.6

84.6
82.4
76.6
79.1
80.5

84.6
81.5
76.8
79.4
80.7

84.0
81.8
77.2
79.7
80.2

83.7
81.7
78.0
79.5
80.0

82.5
81.3
78.2
80.0
80.4

82.7
81.6
78.3
79.8
80.2

82.2
81.4
78.9
79.7
80.7

81.7
80.8
78.9
80.0
80.6

81.8
79.7
78.6
80.3
81.0

81.8
79.2
78.2
80.1
81.7

84.6
82.0
77.5
78.6
80.6

84.1
81.7
77.3
79.6
80.3

82.5
81.4
78.5
79.8
80.4

81.7
79.9
78.6
80.2
81.1

83.2
81.3
78.0
79.5
80.6

1994
1995
1996

81.7
84.6
81.3

82.2
84.2
82.3

82.8
84.0
81.4

83.0
83.3

83.2
82.8

83.2
82.6

83.3
82.3

83.6
82.6

83.5
82.8

83.9
82.1

84.2
81.9

84.7
81.9

82.2
84.3
81.7

83.2
82.9

83.4
82.6

84.3
82.0

83.3
82.9

Year

Utilization
1984
1985
1986
1987
1988

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




11

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
,
Item

-,

1992
Value
SIC added1
Index

- ...

Metal mining
Iron ore
Nonferrbus ores
Copper

Index, 1987 = 100
Seasonally adjusted

1995
Sept.

Oct.

Nov.

Dec/

1996
Jan/

163.7 170.8
116.3 132.1
173.2 178.4
141.9 155.9

178,3
140.0
185.9
156.3

175.9
129.8
185.0
150.5

172.8
123.0
182.9
152.6

160.0
110.3
169.8
141.9

10
101
102-4,8,9
102

.46
.06
.40
.13

12

1.03

108.2

116.2

112.3

109.5

108.5

13
131
132
138

4.79
3.99
2.31
1.67
.25
.55

93.2
93.8
85.9
107.5
109.4
79,9

91.2
89.7
75.9
113.7
114.3
88.3

89.2
88.2
75.6
110.1
112.7
83.5

90.1
89.4
77.3
110.4
114.0
83.1

14

.58

99.1

113.1

112.4

20
201

202
2021
2022
2023
2024
2026

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

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

115.5
127.0
110.4
119.9
154.8
82.2
113.2
91.6
137.3
121.9
127.6
94.3

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

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

107.9
109.3
93,2
111.0
110.1
109.2
115.2
109.1
106.3
91.2

21

1.63

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

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

157.7

Not seasonally adjusted
1996
Oct.
Nov. Dec/ Jan/

Feb/

173.1
137.1
180.1
157.2

173.0
129.0
181.7
147.4

169.9
124.1
179.0
150.4

154.8
103.2
165.2
142.0

158.4

166.7
135.9

173.2
136.2
180.3
157.2

103.3

108.0

117.9

114.2

109.4

104.9

105.4

115.3

90.1
89.5
76.4
112.4
108,4
83.8

90.6
89.6
76.2
112.9
112.9
85.1

91.2
89.6
75.8

90.4
88.2
76.2
108.9
114.2
92.2

92.9
90.8
77.7
113.6
115.4
93.8

92.8
91.3
77.3
115.6
107.7
92.9

91.9
91.1
76.6
116.1
110.7
86.5

91.7
90.8
76.6

115.1
89.7

90.7
88.4
75.4
111.0
114.7
92.6

114.0
85.7

110.9

112.4

108.9

114.5

121.5

118.8

113.3

107.1

93.1

98.4

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

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

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

115.0
129.7
110.5
124.5
160.1
82.0
112.2
84.8
138.7
117.9
121.0
94.8

116.4
133.8
112.8
127.0
167.9
87.4
112.6
90.0
143.3
115.6
121.7
94.3

124.1
130.9
115.4
122.7
157.9
80.6
107.0
74.8
135.9
99.3
127.4
92.0

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

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

111.5
125.8
104.0
128.6
153.8
84.0
107.4
101.0
139.3
118.6
86,1
91.7

109.4
128.1
108.9
124.3
157.1
82.9
107.7
107.0
134.4
118.6
92.6
93.4

110.3
130.3
109.2
123.6
164.3
92.6
113.0
109.4
143.5
119.1
112.5
95.2

111.9
120.0
98.4
111.4
112.9
120.1
119.7
126.2
120.3
88.7

111.3
118.7
98.7
113.3
114.6
121.3
120.0
127.5
120.1
94.9

110.4
117:0
95.1
112.4
113.8
119.7

114.3
114.3
94.4
118.7
112.9
117.6

116.3
113.9
96.8
112.3
112.4
117.8

114.7
115.1
95.5
116.9
111.2
121.5

106.3
116.0
89.4
137.1
116.1
105.3

103.6
110.9
90.0
116.0
113.6
107.8

101.9
112.3
86.8
111.8
113.6
113.5

120.4
120.7
91.9

120.9
121.5
89.0

126.8
121.9

126.9
121.7
101.3
136.7
120.3
123.9
113.8
131.0
125.1
101.2

111.9
120.0
92.8
136.9
121.3
114.7

125.5
121.4
97.2

139.0
124.3
109.5
120.9
111.6
127.0
112.7
144.1
130.6
85.3

120.1
120.7
100.9

111.6
121.0
114.7

109.9
118.2
103.0

112.2
115.4

95.8

90.2

88.2

88.9

88.4

86.6

88.0

94.0

98.7

86.9

72.4

85.6

90.9

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

104.0
99.4
99.0
103.5
116.7
116.7
95.2
97.0
103.5
100.6

110.5
104.2
105.2
113.2
124.3
129.9
91.1
105.4
114.0
108.6

111.1
107.7
109.7
111.6
127.4
134.3
99.5
97.7
109.7
100.4

108.9
103.9
105.2
109.6
125.5
131.6
95.6
96.9
109.1
99.7

108.3
103.8
105.6
103.8
120.9
125.2
88.4
109.7
108.3
99.3

103.8
99.0
100.1
100.6
122.1
127.0
87.7
85.8
106.3
96.6

104.7
97.9
98.0
101.5
124.4
130.2
83.7
92.4
108.2
97.8

113.9
103.1
105.0
114.8
136.3
148.6
91.1
107.1
116.1
110.4

116.4
109.4
113.0
111.2
136.9
139.9
102.4
111.5
112.1
103.8

106.2
103.1
105.1
111.0
121.3
124.8
95.7
87.3
108.1
96.4

97.3
96.8
97.4
105.7
109.5
115.6
79.5
84.8
99.1
81.9

99.1
100.4
101.5
100.0
101.9
104.3
90.3
85.2
104.7
95,5

103.9
99.4
98.9
101.7
115.5
119.8
87.0
93.0
109.4
101.9

23

2.19

95.0

94.5

93.3

92.4

91.5

89.2

91.1

97.5

94.4

93.0

91.1

85.8

89.7

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

1.99
.84
.31
1,-16
.65
.18
.15

95.2
95.2
85.0
95.2
89.5
86.2
94.2

106.2
98.7
84.9
111.6
96.7
85.5
158.0

105.7
96.8
86.2
112.1
96.7
85.2
158.9

104.8
95.0
87.2
112.2
96.7
84.9
161.8

106.9
97:8
85.1
113.4
97.4
88.7
164.4

104.7
95.9
84.9
110.8
950
85.9
158.1

104.9
95.7
83.6
111.4
95.6
85.2
157.8

109.7 111.0
102.7 104.2
92.0
94.0
114.8 116.0
99:2 - 9 8 . 9
88.3
88.8
166.4 175.9

103.4
93.3
87.4
110.7
96.7
83.1
157.9

99.9
90.2
82.9
106.9
95.1
80.7
135.8

101.0
93.1
79.2
106.8
92.0
83.3
140.0

103.2
95.4
78.1
108.8
91.3
85.6
153.8

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




Feb/

1995
Sept.

12

169.2
138.1

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

SIC

1992
Value
Index
added1

1995
Sept.

Oct.

Seasonallvadiusted
Nov.

r

Dec.

1996
Jan.r

Feb/

1995
Sept.

Not seasonally adjusted
1996
Oct.
Nov. Dec.r Jan.r

Feb/

25
251

1.37
.63

99.2
97.1

112.0
107.4

110.9
108.5

109.8
106.4

109.3
106.8

108.5
105.4

110.3
107.2

117.9
111.7

111.9
108.9

107.7
103.6

107.8
105.7

104.7
102.7

109.5
109.4

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

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

110.0
110.4
109.9
109.8
111.8
109.6
112.3
108.1

118.5
116.8
113.2
115.6
120.4
119.7
126.1
116.2

119.7
119.4
112.0
119.2
122.3
120.0
121.5
119.1

116.2
114.0
107.0
113.6
117.2
117.7
123.3
114.7

118.2
114.4
107.8
115.6
114.4
121.2
129.9
116.5

114.4
113.4
108.2
111.6
118.4
115.2
121.1
111.9

115.1
114.4

122.0
119.3
112.1
119.6
121.1
123.9
134.6
118.1

115.4
114.4
106.9
114.7
116.5
116.1
117.4
115.4

112.6
111.3
107.3
111.5
112.3
113.5
114.9
112.7

116.4
115.4
111.1
113.7
120.2
117.0
122.4
114.1

117.6
117.0

111.4
121.5
115.7
123.4
111.4

118.6
117.2
111.7
115.9
121.5
119.6
126.4
115.8

114.4
123.6
118.0
123.1
115.2

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

6.76
1.63
2.01
3.12

98.1
77.0
103.5
107.3

99.8
71.1
106.0
114.0

98.9
69.3
105.7
113.5

99.3
67.4
106.6
115.3

98.8
68.3
103.8
115.2

98.0
67.4
102.5
114.8

99.3
66.4
105.2
116.7

105.6
70.2
105.7
128.5

99.8
69.8
102.7
117.0

97.7
68.7
105.7
111.1

96.7
69.4
105.3
108.4

93.5
65.5
101.8
105.9

95.2
67.2
105.8
106.0

Chemicals and products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nee
Acids and other

28

9.85

114.4

125.3

126.7

126.0

126.5

126.8

126.7

132.1

126.9

122.5

120.2

121.7

123.1

281,2,6
281
2812
2816
2819

3.82
1.00
.08
.12
.67
.40

113.5
117.6
105.4
114.2
122.4
119.4

120.4
109.0
117.5
107.4
103.3
121.1

120.4 120.0
110.6 110.1
115.6 112.5
118.3 111.0
104.8 405.1
123.4 124.4

119.2
108.8
117.5
102.0
104.5
124.4

119.6
110.4
112.9
116.5
104.7
122.9

119.1
110.5

121.3
111.4
116.9
108.9
106.4
126.9

120.5
111.3
116.2
111.1
107.4
126.5

119.4
110.4
114.0
109.2
105.4.
125.2

116.1
105.7
118.6
100.3
100.6
116.4

118.3
108.5
113.5
112.4
102.6
118.5

120.7
114.0

282
2821
2823,4
286

1.25
.75
.39
1.57

110.4
112.0
105.9
113.8

122.9
120.6
120.7
125.7

123.7
122.1
121.5
124.3

125.0
123.8
122.6
122.5

124.4
123.4
121.9
121.8

124.6
125.5
119.2
121.5

124.6
123.6
122.5
123.3

123.5
122.2
120.8
122.0

117.2
116.2
114.8
122.1

121.5
122.2
116.3
122.2

125.9

116.1
121.3

123.3
121.1
121.4
126.3

283-5,9
283
284
285
287

5.51
2.91
1.57
.43
.52

114.8
127.4
109.4
95.0
118.8

127.9
145.9
117.5
103.4
132.8

130.2
146.3
121.4
107.9
134.5

129.5
144.3
122.9
111.0
133.6

130.9
146.5
123.2
109.4
134.1

131.2
145.3
125.4
108.1
134.3

131.5
146.9
123.7
107.4
136.0

139.8
163.1
127.6
107.6
131.7

130.7
147.3
121.2
109.7
135.4

123.4
137.6
117.8
96.7
135.9

121.7
137.5
116.1
81.6
134.4

122.9
134.1
119.4
92.8
135.6

123.6
135.0
118.4
104.6
135.9

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

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

102.6
104.3
105.1
109.0
100.8
101.0
103.2
93.5

110.0
110.0
108.4
118.4
95.4
106.9
109.1
112.9

106.9
105.8
103.2
112.2
85.6
106.7
105.7
115.1

107.4
106.4
104.3
115.7
75.3
108.4
105.6
114.2

108.9
107.7
107.5
117.9
90.3
107.5
105.4
117.7

109.0
108.1
106.2
118.1
87.1
114.2
105.5
115.3

111.5
110.8
107.8
122.8
84.3
110.4
109.5
117.8

114.9
113.2
122.0
120.5
91.5
107.0
110.1
127.3

109.0
106.5
105.7
116.4
81.6
104.7
105.3
126.3

110.0
108.2
97.9
122.5
79.2
110.1
108.5
123.3

109.6
109.2
92.7
122.4
96.6
113.9
11.0.6
113.3

101.6
103.1
85.8
114.0
87.5
117.9
103.7
93.8

103.0
104.4
93.2
114.4
85.6
110.0
105.1
95.8

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

3.51
.39
.59
2.54

116.2
120.5
105.9
118.0

139.8
144.4
123.0
143.2

139.7
142.8
122.3
143.5

140.3
147.5
121.6
143.6

139.3
138.7
120.5
143.7

139.0
141.7
122.4
142.7

139.9
138.5
124.2
143.8

141.3
142.6
127.3
144.5

141.7
151.9
123.8
144.6

139.8
138.2
119.5
145.0

137.7
117.5
116.8
145.9

137.2
145.0
115.2
141.5

139.7
151.2
123.6
141.8

31
314

.27
.12

89.0
83.2

80.5
73.9

79.7
71.5

78.2
70.5

76.8
67.8

75.3
65.7

76.9
66.5

82.6
75.9

81.0
72.3

79.6
71.2

77.2
68.0

73.7
65.2

74.9
63.9

Stone, clay, and glass products 32
Pressed and blown glass
322
Glass containers
3221
siG&pent." .^AIV.~;:>^.. , w. •••-.,._
324
Structural clay products
325
Concrete and miscellaneous
326-9

2.07
.35
.18
.13
.10
1.18

95.3 103.8 104.5 104.9
100.7 89.9
92.9
90.7
93.5
71.0
76.9
71.3
88.3 c 96.7 -99v& i 99.0
87.9
90.3
87.3
86.4
92.7 103.4 103.4 105.2

104.3
94.0
75.4
97.7.
85.6
103.7

105.2
99.0
83.1
98.5,
85.8
103.4

104.7
95.6
74.7

107.0 107.6
91.3
95.3
70.8
79.3
115.2 . 120.3
92.5
89.1
105.2 105.1

105.1
89.5
68.9
97.0
84.6
106.3

100.2
82.6
57.5
,74,7
78.3
104.0

99.1
92.0
75.4
59.3
78.2
101.7

101.0
95.5
77.0

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

Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes

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




13

107.7
104.7
122.1
123.3

85.9
103.3

110.1
108.9
131.2

119.4
121.1

84.6
100.8

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES

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

•, ,1992
Value
SIC added1
Index
33
331,2
331

,

Index. 1987=100
I
Not seasona llv adjusted
1996
1995
1996
r
r
Dec. . Jan.
Feb/ Sept. Oct. Nov. Dec/ Jan/

Seasonallvadiusted

1995
Sept.

Oct.

Nov.

Feb/

3.11
1.74
1.33
.30
.18
.09

101.9
104.7
106.9
102.4
106.9
101.2

121.0
127.0
130.8
115.6
121.5
118.6

115.7
115.1
114.5
109.8
114:7
111.3

120.8
126.1
130.9
113.5
118.5
116.4

120.0
122.7
125.4
111.6
114.3
118.0

121.4
128.1
132.9
111.9
116.8
113.9

118.8
120.1
122.5
110.5
115.0
112.5

121.7
127.3
130.5
113.9
119.0
117.3

115.7
114.8
113.6
109.7
114.2
111.9

119.8
124.8
128.0
113.3
119.3
114.8

116.7
118.5
120.7
110.7
116.0
112.0

120.9
126.4
132.6
112.1
117.2
114.1

122.1
124.3
127.6
112.6
116.6
117.1

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

108.4
98.0
93.5
108.8
93.4
116.3
97.5

135.5
125.4
119.0
143.0
105.3
143.9
115.1

116.0
108.9
97.0
123.1
88.3
123.7
115.6

136.4
123.2
113.0
141.2
89.6
149.2
111.7

129.6
114.4
114.4
147.6
103.0
136.9
113.6

139.5
133.3
123.0
164.6
98.3
144.2
113.0

126.3
113.1
108.3
144.2
93.5
134.1
112.5

135.6
124.3
116.9
147.1
100.9
144.5
117.2

114.8
109.4
95.0
127.9
77.3
122.0
117.4

132.6
121.8
110.9
142.0
85.8
143.5
114.2

123.8
101.0
108.5
140.5
125.7
131.0
110.9

139.0
130.7
127.1
155.0
84.7
146.2
107.3

132.3
125.2
117.4
144.1
90.2
139.6
113.8

1.37 . 98.1 113.2
.20
117.2 114.9
.06
125.0 122.5
.10
120.5 102.7

115.8
119.0
137.2
102.0

113.8
118.8
138.0
103.3

116.2
118.3
130.2
105.0

112.8
125.0
144.4
105.6

116.6
118.9
132.8
106.4

114.4
115.4
125.8
101.9

116.3
119.6
135.8
101.9

113.4
118.8
139.4
103.5

114.0
117.8
128.5
105.2

113.8
125.1
141.8
105.9

118.8
122.4
136.3
106.6

106.1
101.9
89.4
119.7

109.4
106.3
99.7
119.2

106.3
101.1
82.3
122.9

109.4
105.3
97.6
122.6

104.6
99.0
79.7
122.7

110.2
105.4
91,0
125.4

107.3
103.3
90.1
120.3

109.7
106.4
99.6
120.1

105.5
99.9
77.4
123.4

106.9
101.2
86.0
125.5

106.3
101.1
85,1
123.1

111.9
107.5
95.9
125.9

114.0
107.5
106.6
102.8
110.9
118.5
126.9

114.6
92.2
106.4
102.1
115.6
117.9
123.9

111.2
94.3
102.3
98.7
110.0
116.1
123.3 -

114.6
90.1
108.6
105.7
110.0
121.4
131.8

183.9
113.3
142.8
128.3
127.2
141.2
115.8
108.1
119.4
419.4
132.5
123.3
133.2

195.3
112.3
147.7
128,7
134.9
143.1
122.5
108.6
129.2
454.0
152.1
148.0
138.9

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

332

Nonferrous metals
Primary nonferrous metals
Copper
f
Aluminum

333-6,9
333
3331
3334

Nonferrous products
Nonferrous mil! products
Aluminum
Nonferrous foundries ;

335,6
335
3353-5
336

.97
.73
.28
.23

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

5.03
.22
.54
.48
1.28
2.80
1.56

99.0 i 115.1
108.8 101.3
94.8 107.1
92.8 103.5
94.8 111.6
101.5 120.2
104.5 129.5

1f4.5
104.9
107.3
103.2
112.1
118.9
128.0

115.0
104.6
108.5
105.0,
113.2
118.7
128.0

115.4
110.0
108.9
105.8
112.2
120.3
131.7

117.0
109.4
110.4
107.7
114.5
121.0
131.2

118.7
108.0
112.4
109.1
114.6
122.1
133.0

116.1
100.3
108.8
105.1
113.6
119.4
128.7

114.9
94.1
106.6
102.0
114.3
118.7
126.5

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

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

124.0 181.3 183.8 186.5
101.3 114.4 112.8 111.8
111.8 139.9 137.4 138.2
99.8 126.5 127.6 131.1
106.2 135.3 133.9 134.9
103.6 141.8 141.5 142.4
107.8 121.3 122.0 120.5
95.9 108.2 108.8 109.1
113.4 127.6 128.4 126.0
172.6 390.0 402.9 417.8
101.9 136.0 139.3 137.9
94.0 128.9 133.5 130.7
112.3 13.1.9 133.9 135.5

190.1
111.8
137.8
129.4
137.0
140.9
120.1
108.0
125.9
431.7
147.4
142.0
137.8

192.1
112.6
139.3
127.5
136.3
140.0
121.1
107.1
127.8
447.3
138.8
131.4
143.3

196.3 I 186.7
111.4 114.1
140.1 134.7
129.2 126.1
137.7 145.0
143.2 142.2
124.5 127.6
108.3 108.5
132.3 136.8
463.3 407.1
144.4 131.0
136.8 121.8
142.2 141.3

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

181.0 186.2
114.1 116.3
134.3 140.5
129.6 131.4
132.3 ,131.8
143.6 146.3
119.4 117.4
110.6 112.0
123.6 120.0
399.5 425.7
124.6 128.4
112.4 114.8
132.4 132.5

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

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

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

123.5
103.2
98.4
106.9
95.7
113.3
108.3
107.8
99.3
102.3

183.6
120.1
100.7
139.1
105.4
139.9
157.6
143.4
110.7
157.2

182.8
119.2
102.5
141.8
114.0
130.2
165.0
147.3
113.3
166.1

182.1
120.8
103.0
128.4
77.7
134.8
140.6
139.0
112.9
142.8

188.5
124.7
105.0
131.1
92.2
129.2
142.2
141.6
115.7
148.4

184.3
126.2
107.1
137.2
107.4
134.9
146.6
145.2
120.2
144.4

185.3
120.3
102.8
144.6
114.5
144.3
159.3
149.6
125.0
165.4

185.3
117.7
98.4
133.8
109.3
118.6
150.8
142.3
123.0
152.5

183.9 179.5
1-15.0 116.1
97.4
97.5
123.4 125.3
93.7
79.1
91.9 123.5
134.9 138.4
143.5 137.6
118.4 106.5
156.7 142.6

187.0
121.6
102.5
139.2
99.4
138.4
159.3
145.7
107.2
162.1

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

365
366
367
369
3691

.21
1.59
2.66
.68
.11

126.1 149.7 153.0 158.5
120.0 158.7 161.2 155.8
153.8 284.1 288.5 293.1
106.0 138.5 135.9 138.0
93.3 128.2 105.4 109.5

136.1
155.5
291.8
142.2
131.6

134.6
155.6
293.7
136.2
103.5

137.1
160.6
303.7
143.1

169.8
159.0
284.3
145.5'
162.1

171.1
161.6
290.0
141.2
125.2

174.6 130:8 125.7
159.6 162.8 155.0
296.5 297.8 292.9
141.4 146.5 134.6
119.1 138.0
92.5

131.1
158.8
303.1
139.9

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

37
371

3714
3716

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

104.8
107.4
90.0
119.7
121.7
125.2
117.3
114.8
87.6

114.1
143.3
105.9
183.2
184.6
187.7
180.9
151.7
140.7

109.3
139.7
103.4
171.7
173.6
179.1
166.8
152.4
135.5

108.6
140.7
103.4
173.0
174.2
182.8
163.4
153.1
164.0

109.7
141.2
102.7
178.8
180.2
190.6
167.1
151.1
171.2

108.3
135.4
95.8
169.2
172.2
179.9
162.5
149.7
153.0

111.9
141.0
102.8
178.9
182.4
193.6
168.1
151.1
152.9

116.0
146.8
109.0
189.9
191.6
197.6
184.1
153.4
136.8

113.9
149.5
116.1
190.6
193.4
203.3
181.0
152.2
150.5

108.7
140.3
103.8
170.4
172.2
182.1
159.8
154.5
133.9

105.4
130.7
91.6
151.3
151.7
159.9
141.5
154.4
128.8

106.2
131.1
90.8
160.2
162.8
167.8
156.8
149.6
143.9

115.5
148.8
113.6
192.4
196.3
207.6
181.9
151.2
163.0

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

4.73
2.95
.51
1.26

102.3
107.8
93.6
95.2

85.9
82.9
93.3
89.5

80.0
73.6
91.0
89.0

77.7
70.5
88.4
88.4

79.4
73.4
89.0
87.9

82.3
79.4
87.4
86.5

83.8
81.9
88.4
86.3

86.4
84.7
92.1
88.3

79.8
73.2
91.0
89.2

78.3
71.2
89.1
89.0

81.1
75.5
91.7
88.8

82.2
79.3
87.0
86.6

83.5
81.6
88.8
85.7

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

89.6
89.0
89.2
91.6

180.8
120.2
99.3
132.2
106.8
126.4
145.3
138.6
112.0
145.6

182.4
118.9
100.4
133.8
96.1
135.3
147.0
141.5
112.8
149.9

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




14

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index, 1 9 8 7 = 1 0 0
Item
Instruments
Scientific and medical
Medical instruments
Misc. manufactures
Consumer goods
Business supplies
Electric utilities
Generation
Fossil fuel
Hydro and nuclear

SIC

1995
Sept.

Oct.

Nov.

Dec.

r

1996
Jan. r

Feb/

1995
Sept.

Not seasonally adjusted
1996
Nov. Dec. r
Oct.
Jan/

Feb. r

38
381-4
384

5.36
4.32
1.56

106.3
107.0
138.2

111.3
109.5
156.5

111.4
109.7
156.8

111.5
109.5
158.7

109.7
107.7
154.2

110.8
108.6
158.9

113.0
111.4
161.9

115.1
113.9
172.7

112.1
110.5
160.9

111.1
108.8
153.9

109.8
107.7
146.5

108.4
105.8
146.7

110.8
108.7
151.9

39
391,3,4,6
395,9

1.32
.67
.65

106.9
106.5
107.4

122.9
117.4
128.8

122.2
115.9
128.9

123.3
117.1
129.9

123.5
118.5
128.8

122.1
116.5
127.8

124.2
118.5
130.3

125.7
119.8
131.9

127.0
121.6
132.7

127.8
123.5
132.2

124.4
119.2
129.9

118.5
112.8
124.4

121.2
115.9
126.6

491,3pt

6.15
2.64
1.32
1.32

111.7
111.3
103.6
121.4

122.7
120.2
108.8
134.9

123.7
124.2
105.9
146.9

123.6
122.2
108.4
139.7

123.9
123.5
109.9
140.7

125.5
124.6
111.5
141.2

125.0
124.0

125.8
118.8
111.5
128.5

114.6
111.7
100.1
126.5

115.0
115.8
102.6
132.4

124.6
124.6
107.9
145.6

132.8
130.0
111.9
152.5

125.2
127.1

3.51
1.43
2.08
1.21
.87

112.0
109.9
113.4
112.8
114.2

124.6
127.5
122.5
125.5
118.3

123.2
121.7
124.3
127.6
119.7

124.7
125.5
124.1
128.0
118.5

124.2
124.5
123.9
126.4
120.2

126.2
128.3
124.7
127.7
120.5

125.7

131.1
133.0
129.6
134.9
122.1

116.7
105.6
124.5
126.2
122.0

114.4
108.7
118.4
119.0
117.4

124.6
130.7
120.2
122.3
117.1

135.0
152.7
122.4
126.8
116.3

123.8

1.57
.64
.28
.46

112.7
108.7
115.4
114.4

122.4
110.5
139.3
126.4

113.6
101.4
120.3
120.7

132.5
128.7
141.6
132.2

129.9
123.1
142.5
131.2

126.3

121.4

70.8
37.8
70.6
95.5

84.2
60.1
83.5
102.3

137.0
136.3
148.2
133.6

187.5
208.9
211.9
163.2

222.1

192.7

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

Seasonallvadiusted

1992
Value
Index
added 1

492,3pt

124.5

117.0

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

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1992 dollars at annual rates, seasonally adjusted
1992

1995

1994
Q4

1995
Q1

Q2

Q3

Q4 r

1996
Q1P

1995
Oct.

Nov.

Dec. r

1996
Jan. r

Feb/

Mar.P

2002.9

2245.6

2232.6

2248.8

2235.7

2254.9

2253.9

2270.2

2240.3

2255.8

2265.7

2250.1

2293.3

2267.1

1552.2

1748.7

1732.8

1750.6

1742.0

1757.3

1753.5

1768.6

1741.9

1756.8

1761.9

1751.6

1791.4

1762.9

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

1033.4
222.3
122.4
99.9
811.1

1130.5
272.9
160.6
112.3
857.6

1129.0
277.1
162.5
114.5
851.9

1133.7
279.9
166.2
113.8
853.8

1125.3
269.6
158.7
110.9
855.7

1133.6
271.4
159.0
112.4
862.2

1134.5
273.8
160.3
113.5
860.7

1132.5
262.7
153.4
109.3
869.8

1125.1
270.3
157.7
112.6
854.8

1139.3
274.0
160.2
113.8
865.3

1139.0
277.1
162.9
114.1
861.9

1122.5
262.0
153.9
108.1
860.5

1146.5
273.2
162.9
110.2
873.3

1128.5
253.0
143.2
109.7
875.6

Equipment, total
Business and defense
Business
Defense and space

518.8
500.3
415.6
84.7

618.3
594.6
528.2
66.4

603.9
580.8
510.7
70.2

616.9
593.5
524.7
68.8

616.7
593.1
525.7
67.4

623.7
599.7
533.3
66.4

619.1
595.3
531.8
63.5

636.1
611.5
548.9
62.6

616.7
593.2
528.5
64.7

617.5
593.8
530.5
63.4

622.9
599.0
536.5
62.4

629.1
605.4
543.3
62.1

644.9
620.5
557.7
62.8

634.4
608.7
545.7
63.0

450.7
177.0
273.7
70.6

496.9
200.6
296.3
77.0

499.8
203.4
296.4
75.1

498.1
202.9
295.2
74.8

493.6
198.9
294.7
75.9

497.6
199.6
298.1
78.6

500.4
202.4
298.0
79.1

501.5
203.1
298.4
79.5

498.4
200.8
297.6
77.4

499.0
200.9
298.0
79.8

503.8
205.4
298.3
79.9

498.5
200.1
298.4
80.2

501.9
204.1
297.8
78.7

504.2
205.1
299.1
79.7

Item
Products, total
Final products

Intermediateproducts
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1994
1995
1996
Three Months Earlier
1994
1995
1996
Six Months Earlier
1994
1995
1996

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

50.0
52.7
39.2

62.7
45.0
64.4

65.8
48.5

60.4
42.7

63.8
49.2

59.2
51.5

59.6
48.5

58.1
58.8

52.3
53.5

60.0
44.4

58.8
51.7

63.5
49.6

61.9
62.7
45.0

63.5
53.1
54.2

69.2
46.5

72.7
40.8

73.1
40.0

67.7
43.8

67.3
47.7

66.9
52.3

61.5
57.3

60.0
50.4

62.7
49.6

66.9
49.6

63.1
68.5
48.5

66.5
58.1
53.1

70.8
60.4

73.1
54.2

111
All

72.3
38.8

74.2
41.2

75.4
44.2

69.6
47.3

70.8
47.3

68.5
52.3

73.1
51.5

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

item
Total

1987
Billion
1995
1987 SIC 1 KWH
Sept.
850.7 I 115.1

RWQR INDUSTRY QRQUPS
Manufacturing
. Durable
Nondurable

-Stents.md earth minerals
Crushed stone
Sand and gravel
Chemical and fertilizer materials
Foods
Meat products
Dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Coffee and miscellaneous
Tofomm proctets
Itatlte mill prodyets
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

Dec/
116.1

Feb.P
114.5

115.6
111.0
119.6
108.8

115.9
111.0
120.2
109.9

116.3
111.3
120.7
112.0

116.4
112.6
119.9
112.2

118.1
114.2
121.6
112.4

119.3
115.4
122.8
114.7

119.8
114.1
124.8
108.4

117.4
112.2
122.0
110.2

114.9
110.0
119.3
112.0

114.1
110.0
117.9
115.0

114.4
110.4
118.0
115.1

114.6
112.0
116.9
113.4

14.6
6.3
4.8

143.2
148.6
140.3

152.5
166.0
143.5

160.7
173.0
158.1

162.2
171.7
161.6

151.2
140.1
166.1

160.8
159.6
171.4

144.4
148.2
143.8

154.0
168.1
145.4

158.2
167.5
156.7

162.1
169.7
161.9

153.4
144.2
164.5

153.2
148.7
163.3

12

13.4

101.2

99.5

102.0

99.1

97.3

101.1

94.4

95.7

102.7

105.3

109.6

113.9

13
131
132

33.0
27.7
3.7

92.7
92.7
82.9

92.9
91.8
81.5

91.5
92.2
75.4

92.2
92.1
84.5

96.5
97.1
84.7

96.0
94.7
91.1

93.4
93.1
83.4

92.9
92.2
82.0

90.6
91.4
74.6

95.4
95.4
86.9

99.4
99.6
87.9

93.3
93.0
85.4

14
142
144
147

12.3
3.5
2.9
3.9

119.4
135.1
124.0
112.9

117.7
134.5
124.2
110.1

120.4
137.5
126.5
114.3

122.5
138.1
123.3
118.8

128.2
145.2
134.7
120.5

127.3
152.2
130.0
119.2

123.5
147.8
132.8
112.9

123.1
147.2
135.0
112.1

125.2
149.7
135.2
115.5

122.5
136.6
122.1
120.0

117,7
115.2
113.4
120.3

116.5
117.6
107.3
119.5

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

128.1
141.3
116.1
126.2
141.5
131.8
144.9
145.9
111.3
113.1

127.3
141.2
115.3
124.6
143.3
131.3
142.3
147.7
112.4
110.6

126.8
142.0
112.7
124.3
141.5
127.9
149.3
147.9
109.7
110.2

125.7
142.7
110.5
128.7
137.1
127.0
153.5
143.4
105.0
109.5

127.9
142.0
115.2
131.0
141.6
130.4
153.0
146.3
105.4
112.3

127.7
145.1
111.6
127.4
140.9
128.8
149.3
146.8
110.4
110.7 |

141.2
155.5
124.9
156.0
147.7
145.8
144.6
145.0
126.9
125.2

133.1
144.9
115.3
143.5
148.2
136.1
151.4
144.9
117.3
115.6

126.8
139.3
107.6
125.9
144.7
125.4
174.8
151.7
105.5
109.3

122.1
137.9
104.8
119.6
136.2
121.0
172.8
154.7
97.9
105.6

121.8
135.0
108.4
116.6
138.5
121.9
165.1
158.4
96.2
106.4

118.8
133.3
102.2
113.1
138.3
117.7
153.7
149.6
98.2
102.0

21

1.7

108.4

103.7

112.0

113.7

111.5

118.8

119.9

112.2

109.9

107.2

100.1

116.6

29.9 112.7
11.6 | 99.0
3.4 135.2
2.2
115.6
8.4
116.6
2.9 132.3

118.0
103.5
144.6
119.2
126.6
131.6

115.7
103.2
141.9
119.4
118.5
130.8

109.1
96.0
135.1
117.1
111.0
125.9

112.5
96.8
139.2
117.9
117.6
131.3

115.5
100.8 I
139.6
117.8
121.3
132.1

124.6
109.2
153.8
123.4
128.9
145.0

122.4
107.2
149.5
123.5
131.5
136.9

111.2
99.1
135.3
117.1
113.0
127.4

102.1
89.7
125.3
113.6
102.9
119.0

95.6
81.9
115.0
108.0
97.1
116.4

107.6
93.8
129.0
114.4
112.1
123.9

INDUSTRY QRQUPS and SERIES
|
Metal mining
10 1
101
Iron ore
102
Copper ore

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

Nov.
116.0

776.5
351.3
425.2
74.2

lining

Coal mining

Oct.
115.5

Index. 1987 = 100
I
Not seasonally adjusted
1996
1995
1996
Jan. r Feb.P Sept.
Oct.
Nov. Dec.r
Jan. r
117.7 119.0 I 119.0 116.9 114.7 114.2 114.4

Seasonally adjusted

22
221-4
225
226
228
229
23
231,2
233

6.6
1.9
1.9

100.5
102.5
84.1

102.9
108.8
87.5

104.5
116.0
91.9

102.8
116.2
88.9

103.9
116.0
89.9

105.7
121.0
94.1

117.8
124.0
99.5

105.8
112.7
90.0

98.0
107.0
85.2

93.2
103.4
80.2

89.6
97.2
78.0

96.7
107.2
84.2

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

121.9
105.8
115.2

124.4
108.8
115.8

124.0
108.6
116.5

121.9
106.4
115.4

124.3
107.7
119.2

125.9
110.1
120.9

122.2
105.5
115.2

123.3
108.2
115.4

123.8
110.8
116.5

122.8 125.3
108.6 110.4
116.2: 119.6

128.3
114.7
122.4

Furniture and fixtures
Household furniture

25
251

5.7
3.2

120.5
112.8

119.1
115.2

120.0
114.5

120.2
f15.0

121.3
114.6

121.7
115.5

127.4
117.2

120.7
116.8

117.6
112.9

118.2
115.3

116.2
113.2

121.7
119.5

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

26
261
262
263
265
267

97.0 123.7
7.1 109.7
51.6 ! 124.2
26.0 125.7
4.5 116.3
7.6 120.2

119.5
89.8
119.9
121.6
120.9
120.6

120.4
108.3
119.7
123.3
121.8
119.5

119.8
112.1
118.0
124.1
122.0
119.5

120.2
106.2
118.1
129.1
124.8
119.1

119.0
108.0
115.6
127.8
127.6
120.0

124.8
110.3
123.3
126.8
120.7
126.6

120.3
94.2
120.6
121.5
120.7
122.7

120.4
111.1
119.8
122.3
119.8
119.1

118.9
113.9
117,8
121.3
117.7
115.9

119.3
110.4
118.4
125.7
118.7
113.6

116.3
109.5
113.6
125.0
120.7
115.2

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

136.9
i f 9.8
137.7

136.6
120.0
138.0

138.0
122.7
140.2

137.2
119.8
141.4

138.2
123.7
140.9

138.9
119.4
143.7

153.4
132.5
155.6

140.1
123.5
141.8

133.3
118.1
136.2

130.4
115.9
133.7

128.7
117.8
130.8

127.0
110.6
131.3

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

146.2
61.8
14.1
29.1
10.9
18.2

118f
115.4
102.9
126.1
111.0
136.9

118.6
116.2
109.5
126.1
106.8
139.8

118,3
116.4
106.2
127.6
114.8
136.8

118.3
116.8
104.4
126.2
111.4
136.8

120.3
118.8
108.3
131.6
111.1
146.1

123.0
121.8
115.2
133.4
110.1
150.0

120.3
116.1
102.9
124.4
110.1
134.6

119.8
117.7
109,7
128.6
105.6
145.0

117.1
116.4
104.9
127.4
113.6
137.2

117.6
117.9
107.5
129.3
112.5
141.3

119.7
119.8
108.2
133.6
114.2
147.4

117.5
116.6
111.9
125.5
107.2
138.4

Apparel products
Men's outerwear
Women's outerwear




16

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

1987
Billion
1987 SIC I KWH

Seasonailvadiusted
1995
Sept.

Oct.

Nov.

Dec/

1996
Jan/

Feb.P

1995
Sept.

Not seasonally adjusted
1996
Oct.
Nov.
Dec/
Jan/

___
Feb.P

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

26.5
14.2
5.5
3.1
36.0
8.5

116.7
129.8
140.8
113.8
107.1
128.7

116.4
130.4
143.2
114.8
111.9
131.5

117.0
129.0
136.4
113.9
104.1
132.3

115.2
129.3
139.1
114.2
101.0
132.8

117.3
128.3
137.3
116.4
104.2
133.1

121.5
133.8
138.9
115.1
103.2
135.5

120.2
132.0
158.3
122.5
111.4
127.5

116.4
128.4
144.8
116.4
116.2
130.7

115.5
126.9
130.4
111.3
103.5
131.4

113.3
127.5
130.8
109.9
101.1
132.6

116.3
127.7
127.0
113.1
104.3
132.6

116.2
129.5
127.9
112.4
100.8
130.4

29

40.1

101.6

106.4

111.0

111.4

112.3

112.0

105,7

104.9

108.4

111.7

113.4

104.7

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

30
301
306
308

33.1
3.6
3.1
24.9

141.9
113.5
118.0
148.0

142.8
115.8
119.5
148.7

143.6
120.5
116.8
149.3

142.8
118.3
116.1
148.9

145.0
120.0
116.6
151.4

146.3
119.6
118.2
153.1

1482
122.7
122.6
153.7

145.5
118.5
121.4
151.5

142.6
116.9
115.9
148.6

137.5
108.5
113.9
144.0

133.1
110.2
111.2
138.0

143.3
113.8
119.3
149.7

Leather and products
Shoes

31
314

1.0
.4

96.2
89.0

92.9
92.6

93.1
89.8

92.5
88.1

97.2
93.1

97.4
88.4

102.8
98.0

93.4
91.6

91.4
87.1

89.0
83.0

91.3
85.1

94.7
85.9

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

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

106.6
108.9
99.1
104.8
112.6
96.0

105.8
113.2
97.8
102.6
109.4
96.6

107.6
111.7
101.1
104.3
112.7
99.9

1.09.1
116.9
105.2
108.7
112.0
99.6

110.9
113.7
109.5
107.8
111.3
97.0

111.3
110.4
108.0
111.9
114,4
95.6

110.2
112.8
101.6
111.2
116.6
98.7

110.0
113.0
100.0
112.6
110.6
99.4

109.8
109.6
100.9
111.9
113.5
101.5

108.7
113.6
101.6
110.8
113.0
100.2

104.9
108.1
103.2
97.7
106.8
94.3

103.1
106.0
104.5
90.5
108.8
91.5

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

109.1
120.4
123.0
85.8
80.2
122.2

109.7
120.7
120.9
85.9
78.4
120.6

110.1
119.4
118.9
87.4
78.4
120.7

112.9
122.2
121.0
91.3
85.2
120.5

113.4
123.8
120.3
91.0
86.5
123.7

116.2
126.4
118.6
94.9
89.7
122.7

108.5
119.3
125.1
84.8
78.8
125.2

110.4
120.4
123.7
87.0
80.9
123.0

109.4
118.8
120.9
86.2
77.9
122.5

111.8
119.7
117.4
92.4
87.0
118.5

113.0
124.4
113.6
92.0
87.2
117.0

113.3
126.2
119.4
88.9
82.5
121.8

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

116.8
129.5
113.0
111.1
109.9
135.6

116.2
137.7
110.6
111.8
108.1
131.8

116.2
133.7
113.3
111.5
111.9
131.7

115.9
128.2
115.2
112.2
108.4
131.2

118.0
130.8
116.2
111.6
111.1
135.9

118.3
129.5
119.5
112.1
112.2
134.1

121.4
134.0
119.0
115.0
115.0
137.9

117.4
137.0
113.3
111.7
111.2
134.2

115.5
129.8
111.8
112.5
111.0
132.2

112.8
120.2
112.0
111.2
104.2
129.3

112.9
123.4
108.3
1.11.5
106.2
127.3

119.1
127.6
117.2
115.8
113.7
136.4

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

115.3
108.1
139.9
107.9
134.5
115.8
115.7
90.9
148.6

115.0
114.0
144.3
105.0
131.9
117.1
118.6
87.1
150.9

114.2
114.0
148.0
100.5
133.9
111.6
117.2
89.1
150.7

114.4
116.4
145.5
100.2
136.4
114.7
117.0
88.6
147.3

115.5
114.5
143.0
104.1
134.9
115.9
119.8
87.9
150.1

116.4
119.0
145.5
107.0
135.9
115.3
125.0
85.8
153.1

123.1
112.1
143.7
116.1
143.1
123.4
123.8
95.4
160.0

116.1
113.2
134.8
106.8
132.3
118.4
119.1
90.3
152.6

111.7
109.7
137.4
99.9
130.6
109.8
114.9
86.8
146.8

110.4
108.4
136.0
97.5
130.4
111.9
111.4
89.0
138.1

108.8
106.2
144.9
97.9
125.2
110.0
111.9
83.9
136.9

114.7
112.0
152.2
105.0
132.4
115.2
122.0
85.6
145.6

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

113.0
77.0
110.4
91.5
110.6
158.9
94.7
127.3

114.2
77.2
110.0
94.3
112.1
158.2
93.7
131.3

114.2
76.1
110.6
95.2
111.5
159.2
95.4
130.0

113.9
77.4
108.5
92.8
107.3
161.9
97.0
•131.3

118.0
77.8
111.3
95.7
112.6
153.8
97.7
137.4

117.0
79.3
114.2
97.0
116.7
163.2
95.8
132.8

121.3
82.5
114.3
99.0
117.0
170.7
103.8
136.7

116.0
79.2
109.3
95.8
112.6
163.8
95.2
132.8

111.7
74.8
107.8
91.4
109.5
158.1
92.3
126.6

110.7
74.0
104.6
85.5
104.4
160.5
94.3
128.1

111.2
74.1
107.0
89.7
105.7
149.2
91.4
129.9

112.5
77.8
110.7
93.3
115.6
159.9
90.9
127.0

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

37
371
372
373

38.3
21.9

104.9
105.2
90.1
101.8

103.4
106.1
86.5
99.2

103.1
106.3
85.8
95.2

104.4
106.6
89.9
94.5

106.4
110.7
87.1
95.5

106.3
109.7
87.8
94.8

110.1
110.8
94.2
102.6

104.8
108.1
88.0
96.3

100.7
104.0
83.9
93.1

98.8
100.6
85.3
94.6

100.2
103.3
82.5
96.8

102.6
105.9
* 84.2
98.0

Instruments
Photographic equip. & supplies

38
386

13.1

1.7

109.4
84.6

106.9
89.9

106.8
88.0

106.1
88.9

110.7
96.3

109.3
93.1

118.7
88.9

109.5
92.0

104.9
86.3

102.3
86.5

104.3
92.5

104.4
89.2

39

4.6

136.3

135.3

139.5

139.9

143.6

143.8

146.7

138.8

136.1

132.8

133.6

139.9

832.5

114.4
114.5
111.4

114.7
114.7
114.2

115.3
114.5
118.5

115.5
114.5
122.7

116.8
116.0
124.8

118.0
117.9
120.4

118.5
118.5
109.5

116.0
115.9
114.8

114.0
113.5
117.3

113.3
112.4
126.8

113.4
112.5
129.3

113.7
113.5
114.7

Petroleum products

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



•1-0.1

2.1

765.4
85.3

17

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

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1992, the total IP index has been constructed from 260 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
in two ways: (1) market groups (shown in table 1), such as consumer goods,
equipment, intermediate products, and materials; and (2) industry groups (shown in
tables 2 and 6), such as two-digit SIC industries and major aggregates of these
industries—for example, durable and nondurable manufacturing, mining, and
utilities.
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.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units and (2) data on inputs to the
production process, from which output is inferred. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from government agencies including those listed above; data of this type are used to
estimate monthly IP where possible and appropriate. When suitable data on physical
product are unavailable, estimates of output are based on either production-worker
hours or electric power use by industry. Data on hours worked by production workers
are collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The data on electric power use are described below. The factors used to
convert inputs into estimates of production are based on historical relationships
between the inputs and the comprehensive data used to benchmark the IP indexes;
these factors also may be influenced by technological or cyclical developments.
Especially for the first and second estimates for a given month, the available source
data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison base year (currently 1987). Each
segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1992 to the present, IP is
aggregated on the basis of 1992 value-added weights. The aggregation of the index
for the 1987-91 period is based on 1987 weights, whereas 1982 weights are used for
the 1982-86 period. The other weight years in the postwar period are 1977, 1972,
1967, 1963,1958,1954, and 1947. The 1992 value-added weights used to aggregate
the index are shown in the first column of tables 1, 2, and 6, in the "Value added"
column under the heading "1992."

period. The average revision to the percent change in total IP, without regard to sign,
from the first to the fourth estimates was 0.21 percentage point during the 1987-95
period. In most cases (about 82 percent), the direction of change in output indicated
by the first estimate for a given month is the same as that shown by the fourth estimate.
Rounding. The published percent changes are calculated from unrounded indexes,
and may not be the same as percent changes calculated from the rounded indexes
shown in the release.
References. Industrial Production—1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
and 1993 revisions to the index were described in the Federal Reserve Bulletin, vol.
76 (April 1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively.
Two revisions were published in 1994 and were described in the Federal Reserve
Bulletin, vol. 80 (March 1994), pp. 220-6 and vol. 81 (January 1995), pp. 16-26. The
annual revision published in November 1995 was described in the Federal Reserve
Bulletin, vol. 82 (January 1996), pp. 16-25.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital input.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates have exceeded 90 percent only in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76
(June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. Two
revisions were published in 1994 and were described in the Federal Reserve Bulletin,
vol. 80 (March 1994). pp. 220-6 and vol. 81 (January 1995), pp. 16-26. The annual
revision published in November 1995 was described in the Federal Reseme Bulletin,
vol. 82 (January 1996), pp. 16-25.
Electric

Power

Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry's or group's
usage in 1987. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1987 censuses of those industries. The supplementary group, "Total, less nuclear
nondefense," is shown separately because the value-added proportion for the
nondefense nuclear material series (part of SIC 2819) in total IP is considerably
smaller than its share of total electric power use. Excluding this component from total
power use facilitates comparisons with total IP.

Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1ARIMA
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1995;
for other series, the factors were estimated with data through at least June 1995. In
some cases, series were preadjusted for the effects of holidays or the business cycle
before using X - l 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.

Release Schedule for 1996

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the first and the fourth estimates was 0.29 percent during the 1987-95

At 9:15 a.m. on January 24, February 16, March 15, April 16, May 15, June 14, July
16, August 15, September 17, October 17, November 15, and December 16.




18

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