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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 1996r .. Q2 —JJ3_ —Q£-.—OIL J2ecJ_ Jan. 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 — °, -9'.2 -3.1 -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 1995r 1996 Dec. 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 Value1 SIC added 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 Value1 Index added 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 Value1 SIC added Index 33 331,2 331 , Index. 1987=100 I Not seasona llv adjusted 1996r 1995 1996 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