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FEDERAL RESERVE statistical release
For release at 9:15 a.m. (EDT)
August 14,1992

G.17(419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.4 percent in July, reversing the decline in June. In July, output of coal mining
rebounded after the June rail strike curtailed production, and output at electric utilities, which had been relatively weak in
recent months, increased sharply. Elsewhere, output of motor vehicles fell again last month, but factory production in the
other major sectors changed little overall in both June and July. At 108.9 percent of its 1987 annual average, total industrial
production in July was 0.8 percent above its year-ago level. Total industrial capacity utilization in July increased
0.2 percentage point to 78.9 percent, but has changed little, on balance, since April.
Market Groups
Output of consumer durable goods, which includes motor vehicles and appliances, declined for a second
month in July. But production of nondurables, primarily electricity for residential use, turned up. Output of equipment fell
again in July, owing mainly to curtailed production of motor vehicles and a further drop in defense and space equipment.
Among most other major categories of business equipment, output remained weak, on balance. A notable exception was
information processing equipment, particularly computers, where production rose sharply further last month. Production of
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted

Percent chanae

Index. 1987=100

1992
Apr*

May1*

Jun r

JuP

Jul 91 to
Jul 92

108.9

0.5
0.5

0.7
0.5

-0.4
-0.3

0.4

0.8

109.1
110.0
124.4
97.0
107.5

109.3
110.2
124.1
97.3
108.4

0.5
0.7
1.2
-0.2
0.6

0.6
0.4
1.2
1.4
0.9

-0.5
-0.5
-0.1
-0.9
-0.2

0.1
0.1
-0.2
0.3
0.9

0.5
1.8
1.3
0.4
1.3

109.6
108.5
111.0
98.3
107.1

109.5
108.4
110.9
101.0
110.9

0.5
0.6
0.3
1.6
0.4

0.7
1.4
0.0
0.8
-0.3

-0.2
-0.6
0.2
-1.6
-0.7

0.0
0.0
-0.1
2.8
3.5

1.1
0.3
2.1
-1.6
0.0

1992
Aprr

Mayr

Jun r

JulP

Total Index
Previous estimate

108.1
108.1

108.9
108.6

108.5
108.2

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

109.0
110.1
123.0
96.5
106.8

109.7
110.6
124.5
97.9
107.7

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

109.0
107.6
110.7
99.1
108.2

109.8
109.1
110.7
99.8
107.8

Industrial Production

Capacity Utilization
Total Industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities



Average
1967-91

1982 1988-69
Low
High

Percent o f Capacity
1991
1992
Jul
Api*

May1"

Jun r

Ju|P

Capacity
growth
Jul 91 to
Jul 92

82.1

71.8

85.0

80.0

78.7

79.1

78.7

78.9

2.3

81.4
81.0
82.3
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.6
89.0
87.2
92.3

78.7
77.8
81.1
89.6
86.2

77.7
76.3
81.1
86.3
83.4

78.1
76.8
81.4
87.0
83.1

77.8
76.3
81.5
85.6
82.4

77.6
75.9
81.7
88.0
85.3

2.6
3.0
1.5
0.2
1.0

construction supplies posted a small increase in July, but was only a bit above its average level during the second quarter.
Production of materials increased nearly 1 percent in July; gains in the energy category—coal and electricity
generation—accounted for most of the rise. Output of durable materials was little changed in June and July; last month,
production of basic metals, particularly steel, rose noticeably, but output of parts for use by the motor vehicle industry
declined. Production of nondurables, which surged in June, edged up last month.
Industry Groups
Manufacturing output, which rose significantly in the spring, declined slightly in June and was unchanged last
month. Much of this weakness is attributable to curtailed motor vehicle production, but output in some other major
industries, such as textiles, furniture, instruments, and electrical machinery, also dropped back. In addition, output of
aerospace and miscellaneous transportation equipment, which has been weak for some time, fell further in June and July.
Notable areas of strength in recent months have been paper, steel, and chemicals. In July, utihzation in total manufacturing
decreased 0.2 percentage to 77.6 percent, and was more than 1 percentage point below its year-ago level. The recent
weakness in manufacturing has been concentrated mainly among advanced processing industries, where the overall
operating rate fell about 1/2 percentage point in both June and July. By contrast, utilization rates for primary processing
industries rose, on balance, in June and July, continuing the gradual upward trend that has been evident since early this year.
Outside manufacturing, output at mines increased almost 3 percent, led by the rebound in coal. Production at utilities also
advanced sharply last month, but the level of output was unchanged from a year earlier.




2

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
July data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

L

5
0

h\l
/' vf

Manufacturing

- J id1

r
r~"~

t

SfY^

Durable
manufacturing

l/\

v%% * \
Nondurable
manufacturing

"i

V

AT
^/ *

%\
\ i

i

+

£• 1
1 \

i

kl

5
0

H 5
I

-10
1987

I

I
1988

1989

I
1990

Total industry
Ratio scale, 1987 production = 100

1

I
1991

1992

1
1987

1988

1

1

1989

1

1990

-10

i
1991

1992

Manufacturing
Ratio scale, 1987 production * 100

1980 1982 1984 1986 1988 1990 1992 1980 1982 1984 1986 1988 1990 1992
3



Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Proportion 1
in Total IP 1

I

Seasonally adjusted
1992

Stem

1987

Total Index

100.0 100.0 107.2

Product©, total
Final products

19911.•_...Fe_b _JMar

r

Apr .

yay

r

Index. 1987=100
I
1992
r
Jon
JufP _ E f l b -

Not seasonally adjusted
Mai

Aprr

Mayr - JunL_ _JuiP

107.6

108.1

108.9

108.5

108.9

107.5

107.1

106.6

107.2

110.3

107.5

108.5
109.8

109.0
110.6

109.7
111.3

109.1
110.8

109.3
110.7

107.2
109.0

107.1
108.8

106.6
108.1

107.6
109.2

111.5
113.1

108.8
109.6

108.8 109.3 110.1
105.3 106.2 107.9
101.6 103.6 106.5
94.3
95.7 102.5
84.8
81.9
93.1
110.2 118.8 118.3
112.6 115.5 112.5
108.3 108.3 109.1
102.9 103.5 103.4
102.4 102.5 104.4
115.0 114.7 115.2
109.8 110.2 110.7
107.4 107.8 107.6
95.1
95.3
95.2
118.3 119.4 120.8
124.7 124.6 125.1
I 106.4 107.0 108.9
103.5 103.7 105.1
107.5 108.2 110.3

110.6
111.1
110.6
107.8
98.6
123.3
114.7
111.5
107.4
105.9
117.3
110.5
107.2
95.8
121.1
124.2
108.6
104.0
110.3

110.0
109.7
108.4
104.0
97.6
114.7
115.0
110.8
107.9
104.4
116.5
110.1
107.0
95.3
121.6
122.7
107.6
105.2
108.5

110.2
108.2
106.2
100.1
91.7
114.3
115.4
109.7
101.1
104.8
117.6
110.7
107.2
95.9
122.21
121.9
110.9
105.4
113.0

108.5
106.3
104.4
100.3
90.4
117.0
110.4
107.9
104.3
103.1
112.9
109.1
103.6
94.3
111.1
119.1
130.1
98,7
141,8

107.7
109.0
110.4
108.4
93.1
134.0
113.4
108.0
102.1
103.1
114.4
107.4
104.1
94.8
111.7
119.6
113.2
98.7
118.6

106.9
108.6
108.6
106.4
95.3
125.1
111.8
108.7
104.6
105,0
113.4
106.5
103.9
92.6
115.3
120.0
104.0
103.4
104.2

107.8
113.3
116.5
118.8
107.3
138.3
112.9
110.8
109.9
103.9
115.7
106.2
105.9
95.3
117.0
121.0
89.6
104.7
84.0

112.6
113.4
114.8
114.0
105.4
128.5
116.0
112.2
106.1
107.4
118.7
112.4
111.4
99.2
128.6
125.7
94.3
107.2
89.5

109.3
96.0
85.8
6B.B
62.7
79.1
111.3
104.1
94.0
98.7
113.1
112.9
108.1
93.6
133.7
129.6
104.7
107.0
103.8

60.8
46.0

61.4 108.1
47.1 109.4

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

26.0
5.6
2.5
1.5
0.9
0.6
1.0
3,1
0.8
0.9
1.4
20.4
9.1
2.6
3.5
2.5
2.7
0.7
2.0

26.1
5.3
2.3
1.2
0.7
0.5
1.0
3.1
0.7
0.8
1.5
20.8
9.1
2.2
3.8
2.9
2.7
0.7
2.0

Equipment, total
Business equipment
information processing & related
Office and computing
Industrial
Transit
Autos and trucks
Other
Defense and space equipment
Oil and gas well drilling
Manufactured homes

20.0
13.9
5.6
1.9
4.0
2.5
1.2
1.9
5.4
0.6
0.2

21.0
15.8
8.8
2.8
4.1
2.9
1.0
2.0
4.6
0.5
0.1

110.2
121.0
134.6
162.4
101.3
129.2
94.7
112.2
86.2
73.9
101.7

110.4
121.5
136.0
164.9
101.3
128.9
95.0
112.2
85.6
76.2
99.7

111.3
123.0
137.9
168.2
101.7
131.7
101.3
113.2
84.7
79.2
100.7

112.2
124.5
139.1
170.5
103.5
133.3
105.6
114.7
84.2
79.2
100.3

111.8
124.4
140.3
174.0
102.8
131.7
101.7
113.8
83.6
74.5
97.1

111.4
124.1
141.7
178.0
103.1
127.8
95.6
112.1
82.3
78.6
100.0

109,6
120.1
130.8
154.8
101.4
131.5
100.7
113.5
87.0
72.5
90.2

110.2
121.0
132.5
159.0
100.3
135.5
107.2
112.6
86.6
70.7
97.9

109.6
120.9
134.0
160.5
99.0
134.4
105.7
111.5
84.5
69.8
107.5

111.1
123.3
135.4
163.7
101.4
139.3
116.1
113.3
83.9
69.4
108.9

113.8
127.4
143.4
179.1
104.9
136.5
112.2
116.3
83.2
67.6
111.9

110.0
122.8
145.5
185.9
102.8
109.8
67.1
115.3
81.1
73.6
94.5

14.7
6.0
8.7

14.2 104.0
5.4 96.0
8.8 109.6

104.4
96.7
109.7

103.9
96.5
109.0

104.5
97.9
109.2

104.0
97.0
108.8

104.8
97.3
110.1

101.7
91.9
108.5

101.6
94.3
106.7

101.8
96.3
105.6

102.6
98.6
105.3

106.4
100.7
110.3

106.3
97.8
112.1

39.2

38.6 105.8

106.1

106.8

107.7

107.5

108.4

107.9

107.3

106.6

106.6

108.5

105.6

19.4
4.2
7.3
7.9
2.8
9.0
1.2
1.9
3.8
2.1
10.9
7.2
3.7

19.4
3.7
7.8
7.9
2.7
8.9
1.1
1.9
3.8
2.2
10.4
6.9
3.5

108.1
97.1
115.2
107.5
107.3
107.1
101.5
106.8
106.6
111.2
100.5
100.6
100.4

108.3
97.9
115.1
107.5
106.3
108.9
102.0
107.8
109.3
112.7
100.1
98.2
103.8

108.7
99.3
114.7
108.1
106.3
109.4
103.2
109.2
109.9
112.2
101.3
99.8
104.1

110.3
102.5
116.3
108.9
108.2
109.8
102.6
107.8
111.3
112.6
101.4
99.9
104.3

110.1
102.8
115.6
108.8
108.4
110.9
101.9
110.8
112.5
113.2
100.1
98.6
102.9

110.2
101.7
116.4
109.1
110.0
111.0
102.1
111.0
112.8
112.7
103.1
102.3
104.7

108.9
99.5
114.8
108.5
110.8
109.6
102.5
110.7
109.3
113.3
104.7
104.5
105.0

109.5
99.6
115.5
109.3
112.2
110.3
104.0
110.2
110.2
114.0
100.8
100.2
101.8

109.1
100.1
113.6
109.7
111.3
110.8
103.8
109.5
111.8
113.9
98.6
98.3
99.3

110.1
102.6
115.2
109.4
110.5
109.5
105.3
106.9
111.4
110.8
97.8
98.1
97.2

111.8
103.6
116.2
112.0
110.9
112.2
105.5
111.6
113.2
114.6
99.7
97.4
104.0

107.4
95.9
114.5
106.9
102.9
106.3
89.2
107.2
109.7
108.7
101.9
98.6
108.3

Total excluding:
Autos and trucks
Motor vehicles and parts
Office and computing machines

97.3
95.3
97.5

97.7 107.6
96.1 107.8
96.4 105.8

107.9
108.2
106.1

108.3
108.6
106.6

109.0
109.2
107.4

108.7
108.9
106.8

109.2
109.5
107.2

107.7
108.0
106.3

107.1
107.4
105.8

106.6
106.9
105.2

106.9
107.1
105.8

110.2
110.5
108.6

108.6
109.0
105.6

Consumer goods excluding:
Autos and trucks
Energy

24.5
23.3

24.9 109.7
23.4 109.1

110.2
109.6

110.6
110.3

110.8
110.8

110.4
110.3

110.8
110.1

109.0
106.1

107.7
107.1

107.0
107.3

107.1
109.8

112.5
114.7

111.7
109.8

Business equipment excluding:
Autos and trucks
Office and computing equipment

12.7
12.0

14.8 123.6
13.0 114.3

124.1
114.5

125.2
115.7

126.4
117.1

126.6
116.4

126.9
115.4

122.0
114.5

122.4
114.9

122.4
114.5

124,0
116.7

128.9
119.1

128.2
112.6

Materials excluding:
Energy

28.4

28.3 107.8

108.5

108.9

110.1

110.3

110.5

109.2

109.8

109.6

109.9

111.9

107.0

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

!

SPEQIAlAGQBEQATgg




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

:

Seasonally adjusted
1990 Q4
annual rate
to
1991
1992
1991 Q41
Q3
Q4
Q1
Q2r

Seasonally adjusted
I
Not seasonally adjusted
Jul 91
1992
1992
to
r
r
r
Apr
May
Junr
JuP
ApK Mayr
Jun
JulP Jul921

Total Index

-0.5

6.6

-0.7

-2.9

5.2

0.5

0.7

-0.4

0.4

-0.5

0.6

2.9

-2.5

0.8

Products, total
Final product®

-0.7
-0.2

3.8
3.0

0.4
0.8

-2.8
-3.8

4.6
6.0

0.5
0.7

0.6
0.6

-0.5
-0.5

0.1
-0.1

-0.5
-0.7

1.0
1.0

3.6
3.6

-2.4
-3.1

0.5
0.4

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

2.5
5.2
8.5
13.0
3.1
29.0
2.9
2.9
10.2
0.3
1.1
1.8
0.3
4.0
2.9
2.7
2.5
2.7
2.4

7.7
17.7
23.0
42.2
51.0
30.9
2.4
13.8
7.6
23.3
11.9
5.2
4.3
11.7
8.2
1.8
2.7
4.8
1.9

3.4
1.1
5.5
13.8
0.0
35.2
-4.7
-2.2
-1.4
-5.0
-0.9
4.1
1.4
6.9
3.3
10.4
5.3
-2.9
8.2

-3.0
-6.5
-14.7
--30.9
-31.8
-29.8
12.1
0.2
3.5
1.5
-2.1
-2.1
-0.5
-5.0
3.2
-2.7
-11.0
-0.5
-14.4

6.6
21.9
39.6
72.6
91.7
50.1
6.0
10.1
17.8
11.8
5.4
1.6
-0.8
1.5
8.9
-4.3
6.2
4.4
6.9

0.7
1.6
2.8
7.2
13.7
-0.4
-2.6
0.7
0.0
1.8
0.5
0.5
-0.1
0.1
1.2
0.4
1.8
1.4
2.0

0.4
2.9
3.8
5.2
5.9
4.3
2.0
2.2
3.9
1.4
1.8
-0.2
-0.4
0.6
0.2
-0.8
-0.3
-1.1
0.0

-0.5
-1.2
-2.0
-3.6
-1.1
-7.0
0.2
-0.6
0.4
-1.4
-0.6
-0.3
-0.1
-0.6
0.4
-1.2
-0.9
1.2
-1.7

-0.7
0.1
-1.4
-0.4
-2.0
-1.6
-3.7
-1.8
-6.0
2.3
-0.3
-6.6
0.3
-1.4
-1.0
0.7
-6.3
2.4
0.4
1.8
1.0
-0.9
0.5
-0.9
0.2
-0.2
0.7
-2.3
0.5
3.2
-0.7
0.3
3.1
-8.2
0.1
4.7
4.2 -12.1

0.8
4.3
7.2
11.7
12.6
10.5
0.9
1.9
5.0
-1.0
2.1
-0.2
2.0
2.9
1.5
0.8
-13.8
1.3
-19.4

4.5
0.1
-1.4
-4.1
-1.8
-7.1
2.8
1.3
-3.4
3.4
2.6
5.8
5.2
4.1
9.9
3.9
5.2
2.4
6.5

-2.9
-15.3
-25.2
-39.6
-40.5
-38.4
-4.1
-7.2
-11.4
-8.0
-4.7
0.5
-3.0
-5.6
4.0
3.1
11.0
•-0.2
16.0

1.8
2.5
3.8
2.1
-1.3
6.9
6.2
1.5
0.5
1.7
1.8
1.6
0.3
1.7
5.9
-0.2
1.4
0.2
1.9

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

-3.4
-1.1
3.3
4.2
-8.7
1.5
10.6
-3.3
-8.0
-28.2
0.4

-2.5
-2.4
1.1
-0.5
-2.5
7.7
-3.3
10.5
-2.3 -14.6
14.0
2.5
32.1
17.5
2.9
-1.7
-8.4
-4.1
-46.4 -40.0
3.9
-3.4

-4.8
-3.3
5.8
13.2
-12.1
-10.5
-23.6
-4.6
-10.9
-17.6
74.5

6.6
11.0
13.1
22.0
6.4
16.0
59.6
5.1
-9.1
21.2
-2.0

0.8
1.2
1.4
2.0
0.4
2.2
6.7
0.9
-1.1
4.0
1.0

0.8
1.2
0.9
1.4
1.8
1.2
4.2
1.3
-0.5
0.0
-0.3

-0.4
-0.1
0.9
2.1
-0.7
-1.2
-3.7
-0.8
-0.8
-5.9
-3.2

-0.4
-0.2
1.0
2.3
0.3
-3.0
-6.0
-1.5
-1.6
5.5
3.0

-0.5
-0.1
1.1
1.0
-1.2
-0.8
-1.4
-0.9
-2.5
-1.3
9.8

1.3
1.9
1.0
2.0
2.4
3.7
9.8
1.6
-0.7
-0.5
1.4

Intermediate products
Construction supplies
Business supplies

-2.3
-6.4
0.3

i

I

6.4
2.9
8.6

-1.2
-5.2
1.4

0.8
2.7
-0.4

0.1
4.5
-2.6

-0.5
-0.2
-0.6

0.6
1.4
0.1

-0.5
-0.9
-0.3

0.8
0.3
1.1

0.2
2.2
-1.0

0.8
2.4
-0.3

3.7
2.1
4.7

-0.1
-2.8
1.6

0.8
0.4
1.0

-0.2

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

2.4 -3.3 -1.2
3.4 -3.6
1.3
6.0
1.4
8.1
9.4
3.8 14.1
3.5 -2.0 -5.5
-2.0 -19.6 -2.6
-3.3 -40.2 -1.0
2.7 -0.9 -1.7
-0.8 -2.6 -8.6
-2.6
8.9 -19.6
2.7 -15.6 15.6

11.2

-2.4

-3.2

6.3

0.6

0.9

-0.2

0.9

-0.6

0.0

1.8

-2.7

1.3

11.7
-2.6
-1.3
i 25.8 -3.4 -11.3
-1.6
-0.2
3.5
19.4
-1.2
-4.0
25.2
-5.4
-6.3
17.0
0.2
-1.4
-3.0.
3.0
19.0
I 26.0
1.6
-9.5
i 17.9
1.8
-2.1
7.5
-2.1
5.1
5.5
-6.7
-6.0
| 11.1 -12.5
-6.2
-4.6
5.8
-5.6

7.2
21.4
2.6
5.4
5.4
8.9
7.2
7.4
13.3
3.6
2.2
-1.4
9.5

0.4
1.5
-0.4
0.6
0.0
0.5
1.2
1.3
0.6
-0.4
1.2
1.6
0.3

1.5
3.2
1.4
0.8
1.8
0.3
-0.6
-1.2
1.3
0.4
0.1
0.1
0.2

-0.2
0.3
-0.6
-0.1
0.2
1.1
-0.7
2.8
1.1
0.5
-1.3
-1.3
-1.3

0.1
-1.1
0.7
0.2
1.5
0.1
0.2
0.2
0.3
-0.5
3.0
3.8
1.7

-0.4
0.5
-1.6
0.4
-0.8
0.5
-0.3
-0.6
1.5
-0.1
-2.1
-1.9
-2.5

0.9
2.5
1.4
-0.2
-0.7
-1.1
1.5
-2.4
-0.4
-2.7
-0.8
-0.1
-2.2

1.5 -3.9
0.9 -7A
0.9 -1.5
2.3 -4.6
0.4 -7.2
2.4 -5.3
0.1 -15.4
4.4 -4.0
1.6 -3.1
3.5 -5.1
1.9
2.2
-0.7
1.1
7.1
4.1

1.9
1.4
2.6
1.4
1.2
2.7
0.7
0.7
4.7
2.0
-1.0
-3.7
4.6

-1.5
1.2
-3.2
-1.0
-3.1
2.3
5.5
1.8
2.6
0.9
0.0

0.0

-0.2

$PgfffAlAQ<?REGATE;$
Total excluding:
Autos and trucks
Motor vehicles and parts
Office and computing machines

-0.8
-0.9
-0.7

5.9
5.6
7.0

-1.1
-0.9
-1.1

-2.2
-2.1
-3.5

4.0
3.8
4.6

0.4
0.4
0.5

0.6
0.5
0.7

-0.3
-0.3
-0.5

0.5
0.6
0.3

-0.5
-0.5
-0.6

0.3
0.2
0.5

3.1
3.2
2.6

-1.4
-1.4
-2.8

0.8
0.8
0.3

2.0
2.5

6.1
8.3

2.9
3.2

-1.2
-2.0

2.8
5.5

0.4
0.6

0.2
0.5

-03
-0.5

0.3
-0.2

-0.7
0.2

0.1
2.4

5.1
4.4

-0.7
-4.2

1.7
1.8

Business equipment excluding:
Autos and trucks
Office and computing equipment

-1.9
-2.2

-0.8
2.1

-1.7
-2.7

-1.7
-6.7

7.9
8.5

0.8
1.1

1.0
1.2

0.2
-0.6

0.2
-0.8

0.0
-0.3

1.3
1.9

4.0
2.0

-0.5
-5.4

1.5
-1.4

Materials excluding:
Energy

-0.3

13.3

-0.8

-2.2

7.7

0.4

1.1

0.2

0.1

-0.1

0.3

1.8

-4.4

2.1

Consumer goods excluding:
Autos and trucks
Energy

1. Based on seasonally adjusted data,




5

Tabi@ *A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Proportion !
in Total S
P
Itern

SICj 1987

Total Index

1991

Index. 1 987=100
_ _
1992
r
Jun
JulP
Feb

Seasonally adjusted^
1992
Feb

100.0 100.0 107.2

_

_

Not seasonally adjusted
8
Mar _-jA|tfL May "

Mar •

Apr r

May5"

j

108.1

108.9

108.5

108.9

107.5

107.1

106.6

107.2

110.3

107.5

107.6

_JyoL _ J M £

84.4

84.7 108.1

108.5

109.0

109.8

109.6

109.5

106.9

107.7

107.7

109.1

112.3

108.3

26.7
57.7

25.5 103.9
59.2 110.0

104.5
110.3

105.0
110.8

105.5
111.8

105.7
111.3

106.1
111.1

104.4
108.1

105.3
108.8

105.9
108.6

105.8
110.5

108.1
114.2

103.2
110.7

24
25
32

47.3
2.0
1.4
2.5

47.3 107.0
1.8 98.8
1.3 98.1
2.2 94.6

107.0
99.2
98.6
95.0

107.6
97.2
101.1
95.6

109.1
97.8
103.3
96.6

108.5
94.9
103.0
96.4

108.4
97.1
102.5
96.7

106.8
96.2
101.2
90.0

107.7
97.8
98.5
92.7

107.1
97.4
98.9
95.9

108.7
99.3
99.4
96.9

110.7
100.0
103.7
98.9

105.4
96.2
98.4
96.8

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
35
Nonelectrical machinery
Office & computing machinesi
357
36
Electrical machinery

3.3
1.9
0.1
1.4
5.4
8.6
2.5
8.6

3.1
1.8
0.1
1.3
5.0
9.9
3.6
8.9

102.7
103.7
102.7
101.2
100.5
121.9
162.4
110.7

101.4
102.5
98.8
99.9
100.0
122.9
164.9
110.9

100.9
100.9
99.9
100.9
100.6
124.1
168.2
111.0

102.0
102.3
98.5
101.5
102.2
126.7
170.5
112.4

101.8
102.0
101.5
101.6
102.2
126.6
174.0
112.1

104.8
106.4
107.4
102.5
102.4
127.7
178.0
111.6

106.0
107.2
104.1
104.3
100.8
120.5
154.8
109.7

107.4
108.8
105.6
105.4
100.7
121.5
159.0
110.2

106.7
109.1
107.0
103.4
99.9
120.9
160.5
109.5

105.0
106.4
103.9
102.9
101.1
123.7
163.7
110.8

104.6
105.4
102.1
103.5
103.7
129.9
179.1
112.0

97.2
99.6
100.2
93.9
100.4
130.9
186.0
108.7

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

372-6,9
38
39

9.8
4.7
2.3
5.1
3.3
1.2

9.0 96.8
3.9 93.8
2.0 92.9
5.1 99.6
3.6 118.6
1.4 120.0

96.5
94.2
93.7
98.6
118.6
120.0

98.0
98.5
101.1
97.4
119.0
118.9

99.6
102.7
106.5
96.7
119.6
118.4

98.0
100.2
103.0
96.1
118.4
117.5

96.0
96.9
98.9
95.2
117.8
118.5

98.7
97.1
98.9
100.0
116.5
120.6

100.6
101.8
106.1
99.5
116.4
119.0

99.1
100.9
104.8
97.5
117.1
116.5

102.6
109.0
117.1
96.8
117.6
115.7

100.9
106.6
112.7
95.8
121.5
121.4

84.9
77.7
67.9
91.4
120.0
118.5

37.2
8.8
1.0
1.8
2.4
3.6

109.6
109.6
99.4
104.7
97.7
104.6

110.4
110.2
101.3
105.3
97.8
105.8

110.7
109.6
101.0
106.3
98.0
107.0

110.7
109.1
100.6
105.9
99.0
105.8

111.0

20
21
22
23
26

109.1
101.5
104.5
98.4
107.3

110.9
109.4
99.7
102.1
99.0
107.9

107.0
104.9
105.2
103.3
96.8
107.7

107.7
105.8
105.9
105.5
97.4
108.3

108.5
105.7
99.1
107.5
94.5
108.1

109.5
108.1
97.6
108.1
98.0
104.6

114.4
112.2
111.8
110.3
100.5
108.4

112.0
111.4
86.6
97.4
103.7

27
28
29
30
31

6.4
8.6
1.3
3.0
0.3

6.7 114.4
8.9 113.4
1.3 106.9
3.1 114.0
0.2 81.4

113.8
114.8
109.7
115.4
82.9

113.7
115.8
110.3
116.5
84.1

113.6
116.9
108.7
116.6
85.5

112.6
118.0
109.1
117.3
85.8

112.8
117.8
109.1
116.7
86.4

106.9
111.2
98.3
117.5
84.6

107.0
112.1
100.6
117.3
84.9

108.7
115.0
106.5
116.7
83.9

109.9
115.7
110.4
116.2
85.8

115.7
121.9
114.2
120.5
87.2

120.0
121.4
114.9
112.3
75.5

10
11,12
13
14

7.9
0.3
1.2
5.7
0.7

7.5 98.4
0.4 152.9
1.2 107.9
5.1 92.7
0.7 103.5

97.5
155.8
103.0
91.9
107.4

99.1
154.2
104.0
94.2
105.9

99.8
166.4
107.6
93.6
108.0

98.3
163.0
98.6
93.7
106.6

101.0
162.4
114.9
94.1
106.0

100.5
157.9
112.2
95.7
93.3

98.3
158.1
106.5
93.1
99.7

98.5
156.8
102.9
93.5
106.1

98.3
169.6
105.0
91.5
110.1

97.1
168.3
99.9
91.0
110.2

96.9
155.3
100.9
91.3
109.2

491,3pt
492,3pt

7.6
6.0
1.6

7.8 106.4
6.3 109.0
1.5 ! 96.9

107.7
110.7
96.7

108.2
111.0
97.7

107.8
110.8
96.6

107.1
110.1
96.1

110.9
114.9
96.0

121.2
113.7
149.3

110.3
105.6
127.9

102.0
102.4
100.8

95.9
102.2
72.6

101.9
113.9
57.5

109.8
123.8
58.0

79.8
82.0

80.3 108.9
81.2 106.5

109.3
106.8

109.6
107.2

110.2
108.0

110.1
107.6

110.3
107.5

107.5
105.5

108.1
106.2

108.1
106.2

109.1
107.4

112.6
110.3

110.1
106.0

9.1
5.4
3.7
3.5
0.2

9.1
5.2
3.9
3.7
0.2

9.8
5.9
3.9
3.7
0.2

10.3

9.9
6.1
3.8
3.6
0.2

9.4
5.7
3.7
3.5
0.2

8.9
5.3
3.6
3.4
0.2

10.5
6.0
4.5
4.3
0.2

10.3
6.1
4.2
4.0
0.2

10.9
6.5
4.4
4.2
0.2

11.0
6.7
4.3
4.1
0.2

6.9
4.2
2.7
2.6
0.1

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

37
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metafmining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

37.5
8.9
1.0
1.7
2.1
3.5

96.3

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines
Mmmo: Motm vehicle assemblies1
Total
Autos
Trucks
Light
Heavy and medium

6.2
4.1
3.8
0.2

1. 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, nonelectrical machinery, electrical machinery, transportation equipment, instruments, miscellaneous
manufactures, and government owned-and-operated ordnance.




6

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change
1990 Q4
to
SIC 1991 Q4 1

Item

Seasonally adjustecI
annual rate
1991
1992
Q3
Q4
Q2 r
Q1

Seasonally adjusted
1992
Apr'
Mayr
Jun r
JulP|

Not seasonally adjusted i Jul 91
1992
to
May r
Aprr
Ju^
JuFj Jul 921

Total Index

-0.5

6.6

-0.7

-2.9

5.2

0.5

0.7

-0.4

0.4

-0.5

0.6

2.9

-2.5

0.8

Manufacturing

-0.4

7.2

0.2

-2.1

5.4

0.5

0.7

-0.2

0.0

0.0

1.2

3.0

-3.6

1.1

-0.6
-0.3

13.7
4.6

0.1
0.2

-0.3
-2.9

5.4 i
5.4

0.4
0.5

0.5
0.8

0.2
-0.4

0.4
-0.2

0.6
-0.2

-0.1

1.8

2.2
3.3

-4.5
-3.1

2.3
0.6

24
25
32

-2.1
-0.6
-2.5
-9.3

5.5
4.8
9.4
2.1

-1.5
0.2
-2.6
-7.5

-3.9
14.8
-7.3
3.2

6.9
-7.2
17.3
9.1

0.6
-2.0
2.5
0.7

1.4
0.7
2.2
1.1

-0.6
-3.0
-0.3
-0.3

0.0
2.4
-0.5
0.3

-0.5
-0.4
0.3
3.5

1.5
2.0
0.5
1.1

1.8
0.6
4.4
2.0

-4.8
-3.8
-5.2
-2.1

0.3
2.5
2.0
0.9

33
Primary metals
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Nonelectrical machinery
35
Office & computing machines 357
Electrical machinery
36

-4.5
-6.2
-7.7
-1.9
-2.4
-2.9
4.1
0.4

28.0
36.3
55.6
17.6
10.1
-0.1
-3.3
2.1

1.7
12.2
-10.0
-11.2
1.0
-2.3
10.5
-2.9

-1.1
2.0
9.5
-5.5
-6.1
-2.2
13.3
0.5

-2.5
-7.6
-6.1
5.3
6.6
12.8
22.0
4.8

-0.5
-1.5
1.1
1.0
0.6
1.0
2.0
0.1

1.0
1.4
-1.4
0.5
1.5
2.0
1.4
1.2

-0.2
-0.3
3.1
0.1
0.1
-0.1
2.1
-0.3

2.9
4.3
5.8
0.9
0.2
0.9
2.3
-0.4

-0.6
0.3

-1.6
-2.4
-2.9
-0.4

-0.4
-1.0
-1.7

-7.1
-5.5
-1.9
-9.3
-3.1
0.7
3.8
-2.9

3.5
6.9
4.7
-1.0
1.5
3.1
14.1
0.5

Transportation equipment
37
Motor vehicles and parts
371
Autos and light trucks
Aerospace and misc.
372-6,9
Instruments
38
Miscellaneous
39

-1.9
8.5
11.5
-9.3
0.7
-0.2

10.4
32.1
43.3
-4.2
-2.9
12.1

-3.0
4.4
11.8
-3.8
5.0
-4.4

-16.3
-20.0
-31.0
-13.0
-0.4
-1.2

12.3
44.0
75.0
-9.9
1.9
-6.8

1.5
4.6
8.0
-1.2
0.4
-0.9

1.6
4.2
5.3
-0.7
0.5
-0.5

-1.5
-2.4
-3.2
-0.7
-1.0
-0.7

-2.1
-3.3
-4.0
-0.9
-0.5
0.9

-1.5
-0.9
-1.3
-2.1

0.6

0.4

-2.1

-0.7

-15.9
-27.1
-39.7
-4.5
-1.2
-2.4

-5.2
0.2
1.6
-9.7
1.1
-2.5

20
21
22
23
26

1.8
0.5
-1.1
6.0
3.1
1.5

9.5
3.1
18.3
20.1
14.1
20.5

2.3
3.2
-16.7
0.2
3.2
-0.7

0.3
-0.1
6.8
0.9
-4.6
-5.6

3.7
-1.6
4.9
4.8
3.2
3.3

0.3
-0.6
-0.2
1.0
0.2
1.1

0.0
-0.5
-0.5
-0.4
1.0
-1.0

0.2
0.0
1.0
-1.3
-0.6
1.4

-0.1
0.3
-1.8
-2.3
0.6
0.6

0.7
0.0

0.8
2.2

-6.5

-1.5

1.9

0.6
3.6

4.5 -2.1
3.9
-0.7
14.5 -22.6
2.0 -11.6
2.6
-4.2
3.6
-4.3

2.1
1.0
-2.9
-2.0
1.1
-0.2

27
28
29
30
31

1.5
2.6
-0.2
3.6
-9.5

6.2
10.9
1.7
13.0
-9.1

6.8
3.2
^3.4
2.9
-17.8

-0.1
2.1
2.4
4.7
-6.2

-3.6
12.1
6.2
9.3
13.7

-0.1
0.9
0.6
0.9
1.5

-0.1
1.0
-1.5
0.1
1.6

-0.8
0.9
0.4
0.6
0.4

1.5
0.2
-0.2
2.5
0.0
5.9
-0.5
-0.5
0.7 | - 1 . 2

3.7
5.2
5.4 -0.5
3.5
0.6
-6.8
3.7
1.6 -13.4

0.8
5.7
0.7
6.0
-5.1

10
11,12
13
14

-3.3
-2.2
-4.2
-2.3
-9.2

3.0
i 10.0
23.7
-1.9
1.5

-8.0
-8.0
-14.5
-6.7
-4.9

-7.1
0.8
-6.9
-8.4
-3.0

4.9 '
1.6
29.8 i -1-1
-9.7
1.0
6.5
2.5
6.2
-1.4

0.8
7.9
3.5
-0.6
2.0

-1.6
-2.0
-8.4
0.1
-1.3

2.8
0.2
-0.4 I - 0 . 8
-3.4
16.5
0.4
0.4
-0.5
6.4

491,3pt
492,3pt

1.0
0.3
3.9

2.9
2.7
4.1

-3.6
-12.0
43.2

-8.5
-67
-15.9

2.7
3.6
-1.0

0.4
0.3
1.0

-0.3
-0.2
-1.1

-0.7
-0.7
-0.6

3.5
4.4
-0.1

-0.8
-0.6

6.1
7.7

0.0
-0.2

-1.1
-2.7

3.8
4.7

0.3
0.4

0.6
0.7

-0.1
-0.3

0.1
-0.1

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

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metalmining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

•1.3
-1.9
-0.8
-0.5

1.0
-0.6

-3.0
-0.1

1.3
2.3
2.0
1.2

0.5
2.5
5.1
9.4
1.1

3.5
8.0

-1.6
-2.2

11.8
-0.7

-3.8
-1.0
3.3
4.9

-3.3

1.2
0.6
3.6
-0.4

2.3

3.8

-1.2
-0.7
-4.8
-0.5
0.0

-0,2
-7.8
1.0
0.3
-0.9

-1.6
6.1
-1.0
-2.4
-1.6

-7.5
-3.1
-21.2

-6.0
-0.1
-28.0

6.2
11.4
-20.8

7.8
8.7
0.9

0.0
-1.5
7.0

0.1
0.0

0.8
1.2

3.3
2.7

-0.3

8.1
2.0
-2.1

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines
1. Based on seasonally adjusted data.




7

-2.3 I
-3.9 |

1-2
0.5

Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1991
SIC Proportion

19671991
Ave.

1973
High

1975
Low

19781980
High

1982
Low

1988
1989
High

1991
Jul

1992
Feb

Mar

ApK

Mayr

Jun r

JulP

Total Industry

100.0 I

82.1

89.2

72.6

87.3

71.8

85.0

80.0

78.3

78.4

78.7

79.1

78.7

78.9

Manufacturing

86.0

81.4

88.9

70.8

87.3

70.0

85.1

78.7

77.4

77.5

77.7

78.1

77.8

77.6

Primary processing
Advanced processing

25.3
60.7

82.3
81.0

92.2
87.5

68.9
72.0

89.7
86.3

66.8
71.4

89.0
83.6

81.1
77.8

80.4
76.1

80.8
76.1

81.1
76.3

81.4
76.8

81.5
76.3

81.7
75.9

Durable
Lumber and products
24
Furniture and fixtures
25
Stone, clay, and glass products 32

49.5
1.9
1.4
2.4

79.4
82.4
82.5
78.2

88.8
90.1
96.8
89.2

68.5
62.2
64.3
67.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
91.2
88.3
86.4

76.4
75.6
78.3
73.3

74.5
78.5
75.6
72.1

74.3
78.8
75.9
72.3

74.6
77.1
77.7
72.9

75.5
77.6
79.3
73.6

75.0
75.2
78.9
73.4

74.8
77.0
78.4
73.7

333-6,9
3331
3334

3.2
1.9
0.1
1.2
0.0
0.1

79.9
79.3
78.8
81.2
72.0
89.2

100.6
105.8
102.7
92.9
92.1
95.7

66.2
66.6
66.0
61.3
55.0
73.3

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

91.6
92.0
94.1
95.0
97.9
103.5

78.5
74.3
77.3
85.1
87.3
104.1

79.5
77.4
77.2
82.9
80.1
96.6

78.7
76.7
74.6
81.8
84.7
96.3

78.5
75.8
75.7
82.6
74.7
96.0

79.5
77.1
74.9
83.1
70.3
96.6

79.5
77.1
77.5
83.1
86.1
97.7

82.0
80.8
82.2
83.8

34
35
36

5.3
10.2
9.2

77.8
81.2
80.3

87.8
96.4
87.8

65.9
74.5
63.8

83.9
92.1
89.4

62.9
64.9
71.1

85.1
83.5
83.1

75.9
77.2
76.6

75.1
74.2
74.8

74.7
74.5
74.8

75.1
75.1
74.7

76.2
76.4
75.3

76.2
76.1
74.9

76.2
76.5
74.4

Transportation equipment
37
Motor vehicles and parts
371
1
Autos and light trucks
Aerospace and misc.
372-6,9
Instruments
38
Miscellaneous
39

9.9
4.6
2.4
5.3
3.8
1.3

75.2
76.2

83.8
93.4

58.2
51.1

75.7
82.6
76.5

77.0
89.9
82.9

66.6
75.2
65.4

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.6
85.5
83.6
86.2
83.9
85.5

74.1
71.8
69.7
76.1
74.8
84.3

70.0
68.9
65.5
70.9
74.3
81.8

69.7
69.1
65.8
70.2
74.0
81.6

70.6
72.2
70.9
69.2
74.0
80.7

71.7
75.1
74.5
68.6
74.2
80.1

70.5
73.2
71.9
68.1
73.2
79.4

68.9
70.7
68.8
67.4
72.5
79.9

36.5
8.8
1.6
2.3
3.1

87.9
86.0
92.0
84.2
96.9
97.1
89.7

71.8
78.1
60.4
61.9
69.0
70.0
75.2

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
83.0
91.2
84.2
95.8
97.7
90.4

82.0
79.8
88.4
75.4
91.9
94.3
81.6

81.3
79.6
88.2
74.7
87.6
89.5
81.3

81.7
79.9
88.5
74.8
88.5
90.5
80.6

81.8
79.3
89.3
74.8
89.3
91.7
80.2

81.6
78.7
88.8
75.5
88.3
89.4
79.8

81.6
78.6
87.5
74.9
89.3
91.6
78.8

81.4
78.6
85.4
75.3
89.7

6.5

83.6
82.3
86.0
81.1
89.8
92.2
86.9

9.0
0.8
0.3
1.2
3.0
0.3

79.8
85.8
84.0
85.4
83.9
82.1

87.9
102.0
93.8
96.7
94.0
81.3

69.9
50.6
51.7
81.1
58.8
67.7

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

86.8
98.9
94.5
90.3
90.4
88.4

79.3
89.6
86.3
89.2
82.3
78.0

79.1
83.0
78.5
88.1
83.6
70.0

79.9
85.0
83.4
90.3
84.3
71.4

80.4
85.4
83.3
90.8
84.9
72.5

81.1
87.3
81.0
89.4
84.7
73.7

81.6

81.3

85.2
89.8
85.0
74.1

89.7
84.3
74.7

10
11,12
13
138
14

6.7
0.5
1.1
4.4
0.6
0.7

87.4
77.1
| 87.4
88.1
73.3
84.7

94.4
90.3
90.8
96.6
93.0
93.7

88.4
74.4
82.5
91.9
95.3
73.3

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.2
87.2
94.4
86.6
58.8
94.3

89.6
77.5
91.1
92.2
65.1
78.7

85.7
76.2
83.3
89.3
50.5
73.8

84.9
77.5
79.4
88.6
52.4
76.4

86.3
76.5
80.0
90.9
54.9
75.1

87.0
82.5
82.6
90.4
55.3
76.5

85.6
80.7
75.5
90.5
52.4
75.4

88.0
80.3
87.8
91.0
55.8
74.8

491,3pt
492,3pt

7.3
5.5
1.7

86.7
89.1
81.9

95.6
99.0
93.2

82.5
82.7
81.0

88.3
88.3
93.6

76.2
78.7
70.8

92.3
96.2
80.3

86.2
93.6
62.3

82.2
86.8
67.3

83.1
88.1
67.2

83.4
88.2
67.8

83.1
88.0
67.1

82.4
87.3
66.7

85.3
91.0
66.7

Item

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Nonelectrical machinery
Electrical machinery

Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

33
331,2

20
22
23
26
261-3 !
27 |

Chemicals and products
28 |
Plastics materials
2821
Synthetic fibers
2823,4
Petroleum products
29
Rubber and plastics products
30
Leather and products
31 |
Mining
Metalmining
Coal
Oil and gas extraction
Oil andgas well drilling
Stone ana earth minerals
Utilities
Electric
Gas

1 4

-

99.1

78.7

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 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, nonelectrical machinery, electrical machinery, transportation equipment, instruments, miscellaneous
manufactures, and government owned-and-operated ordnance.




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

Item

SIC

Percent change
December to December
Annual rate
1967- 1967- 19751991 1975 1991
Ave. Ave. Ave. 1987 1988 1989 1990 1991

Capacity indexes
Percent of 1987 output
1991

M.

1992
Feb

Mar

Apr

May

Jun

Jul

Total Industry

3.0

3.7

2.6

2.0

| 2.2

2.4

2.5

2.6

135.1

137.0

137.2

137.5

137.7

137.9

138.2

Manufacturing

3.4

3.9

3.2

2.6

2.8

2.9

2.9

2.9

137.6

139.7

140.0

140.3

140.6

140.8

141.1

Primary processing
Advanced processing

2.3
4.0

4.0
3.9

1.3
4.1

1.0
3.3

2.0
3.2

2.4
3.2

2.2
3.3

2.1
3.2

127.9
142.0

129.3
144.6

129.4
144.9

129.5
145.3

129.6
145.6

129.7
146.0

129.8
146.3

Durable
Lumber and products
24
Furniture and fixtures
25
Stone, clay, and glass products 32

3.6
2.2
3.3
1.5

3.7
2.9
4.5
2.5

3.6
1.8
2.5
1.0

2.6
4.6
3.4
1.0

2.6
4.1
2.5
0.9

2.7
2.8
2.7
1.3

2.8
1.8
2.2
0.9

2.8
0.8
2.0
0.9

141.5
125.4
128.3
130.7

143.7
125.9
129.8
131.3

143.9
126.0
130.0
131.3

144.2
126.0
130.1
131.3

144.4
126.1
130.3
131.3

144.7
126.1
130.5
131.3

145.0
126.2
130.7
131.3

333-6,9
3331
3334

0.0
-0.8
-1.0
1.5
0.0
1.4

1.7
0.7
0.3
3.6
1.8
5.2

-0.9
-1.7
-1.6
0.3
-1.0
-0.6

-3.5
-5.9
-5.9
0.4
-1.1
0.2

0.9
1.3
1.3
0.2
5.0
1.0

1.5
2.1
1.8
0.5
6.3
0.3

0.8
0.7
1.0
0.8
1.0
1.0

1.1
1.5
1.5
0.6
0.4
0.9

128.8
133.9
132.8
121.7
146.8
122.1

129.1
134.1
133.0
122.1
147.2
122.6

128.8
133.6
132.5
122.1
147.3
122.6

128.6
133.1
132.0
122.1
147.3
122.7

128.3
132.7
131.6
122.2
147.4
122.8

128.1
132.2
131.1
122.2
147.5
122.8

127.8
131.7
130.6
122.2
147.5
122.9

34
35
36

1.8
6.6
5.3

3.1
4.7
6.1

1.1
7.8
4.8

0.2
4.0
3.3

0.4
3.5
3.7

1.5
3.6
3.8

1.5
4.2
3.9

1.2
4.1
3.7

132.9
160.6
144.9

133.8
164.3
147.9

133.9
164.8
148.3

134.0
165.4
148.7

134.1
165.9
149.1

134.2
166.4
149.5

134.3
166.9
150.0

Transportation equipment
37
Motor vehicles ana parts
371
1
Autos and light trucks
Aerospace and misc.
372-6,9
Instruments
38
Miscellaneous
39

2.6
2.8

3.0
4.5

2.4
1.9

2.3
6.1
2.3

1.3
7.6
4.4

2.9
5.3
1.1

3.1
3.7
6.0
2.5
6.0
1.5

2.2
1.5
1.4
2.9
5.4
1.9

1.6
0.0
-1.5
3.1
5.1
2.2

1.8
0.8
-0.9
2.7
4.8
2.5

2.4
2.1
2.7
2.6
4.5
2.9

136.6
134.6
139.6
138.4
155.7
144.3

138.4
136.2
141.9
140.4
159.6
146.7

138.6
136.4
142.2
140.6
160.2
147.0

138.8
136.5
142.6
140.7
160.8
147.4

138.9
136.7
143.0
140.9
161.3
147.7

139.1
136.9
143.3
141.1
161.9
148.0

139.3
137.1
143.7
141.3
162.4
148.4

20
22
23
26
261-3
27

3.2
2.8
2.1
1.8
2.7
2.5
3.9

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.5
2.7
1.0
1.5
2.1
2.2
4.4

2.6
2.2
2.2
1.7
2.1
3.2
5.2

3.1
2.5
1.7
2.4
2.5
3.6
5.7

3.3
2.7
2.0
2.3
2.0
2.4
5.6

3.2
2.7
1.2
1.8
2.1
2.2
5.4

3.0
2.5
1.2
1.2
2.6
3.4
4.6

132.5
135.7
117.9
129.8
117.6
117.2
137.2

134.8
137.7
118.8
130.7
119.3
119.3
140.8

135.0
138.0
118.9
130.9
119.5
119.6
141.3

135.3
138.3
119.1
131.0
119.7
119.8
141.8

135.6
138.5
119.2
131.2
119.9
120.0
142.3

135.9
138.8
119.4
131.3
120.1
120.2
142.8

136.2
139.1
119.6
131.5
120.3
120.5
143.4

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

4.0
7.8
4.1
1.9
5.8
-3.1

6.8
12.7
9.7
4.2
8.6
-1.5

2.5
5.2
1.0
0.6
4.2
-4.1

2.4
5.7
1.7
2.5
3.2
-5.8

3.3
9.8
2.9
-1.2
4.9
-4.6

4.0
8.9
1.0
0.7
4.4
-3.3

3.8
7.3
0.1
0.3
4.1
-1.0

3.8
10.2
0.0
0.0
3.5
-0.4

140.6
141.5
112.9
121.4
133.7
116.7

143.4
148.7
112.9
121.4
136.4
116.3

143.7
149.3
112.8
121.5
136.8
116.2

144.0
149.9
112.7
121.5
137.2
116.1

144.3
150.5
112.7
121.5
137.6
116.0

144.6
151.1
112.6
121.5
138.0
115.9

144.9
151.6
112.6
121.6
138.4
115.7

10
11,12
13
138
14

0.1
1.7
2.7
-0.6
1.2
1.6

-0.1
0.7
2.5
-1.0
0.8
2.6

0.3 -3.6 -3.8
2.2
2.9 14.3
2.8
1.8
1.7
-0.3 -5.6 -6.8
1.5 -16.4 -25.5
1.1
1.5
2.3

-1.9
10.7
1.6
-4.5
-9.1
5.0

-1.9
6.9
3.0
-4.7
-9.9
5.0

0.8
3.4
3.0
-0.6
-3.6
4.8

114.5
197.5
127.4
104.6
150.3
137.0

114.7
200.8
129.5
103.8
146.4
140.3

114.7
201.1
129.8
103.7
145.3
140.6

114.7
201.4
130.0
103.6
144.2
140.9

114.7
201.7
130.3
103.5
143.1
141.2

114.7
201.9
130.6
103.4
142.0
141.5

114.8
202.2
130.8
103.3
141.0
141.7

491,3pt
492,3pt

3.1
4.3
0.3

6.0
7.8
2.3

0.7
0.9
0.1

1.6
2.2
0.0

1.1
1.5
0.0

128.7
124.6
144.0

129.5
125.6
144.0

129.6
125.7
144.0

129.7
125.8
144.0

129.8
126.0
144.0

129.9
126.1
144.0

130.0
126.2
144.0

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Nonelectrical machinery
Electrical machinery

Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

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

33
331,2

1.5
2.3
-0.8

1.5
2.3
-0.7

2.2
2.2
2.0

1. Series begins in 1977.




9

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

Q4_ Annual

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Q1

Q2

Q3

65.6
71.8
73.0
66.3
69.9

86.0
72.8
72.7
65.3
71.1

66.5
72.8
73.0
64.1
70.9

67.6
73.0
72.9
84.7
71.2

67.5
73.4
73.8
64.5
72.0

67.7
73.9
74.0
65.3
72.1

67.6
74.4
73.6
65.7
72.5

68.5
74.3
73.4
66.9
72.9

69.2
74.9
73.7
67.6
73,1

70.2
75.2
73.2
67.9
73.4

71.1
75.2
71.1
68.6
74.6

71.7
74.0
68.1
69.1
75.2

66.0
72.5
72.9
65.2
70.6

67.6
73.4
73.6
64.9
71.8

68.4
74.5
73.6
66.7
72.9

71.0
74.8
70.8
68.5
74.4

68.3
73.8
72.7
66.3
72.4

75.5
78.8
85.1
85.9
85.2
82.4
80.8
91.0
93.1
96.1

75.9
79.0
85.8
86.2
85.4
84.2
80.7
90.9
93.8
95.5

76.6
80.0
86.1
86.2
85.7
83.7
81.3
91.9
94.1
94.6

77.7
82.0
85.2
84.5
85.0
83.2
82.3
92.4
94.5
94.8

78.3
82.3
86.2
82.5
85.6
82.7
83.2
93.0
94.7
94.8

78,9
83.1
86.1
81.5
86.1
82.4
83.7
93.5
94.4
94.4

78.9
83.3
85.6
81.2
87.1
82.0
85.3
93.9
94.1
94.8

79.0
83.6
85.3
82.4
86.9
81,6
86.5
94.0
94.5
95.0

79.4
84.1
85,5
83.5
86.5
81.0
87.9
93.9
95.0
95.1

79.4
84.5
86,0
84.0
BB.B
80.3
88.6
93.2
94.2
95.6

79.5
85.2
85.7
85.5
B4.B
80.0
BB.B
93.3
94.6
96.2

79.1
35.4
85.6
85.9
84.1
79,3
89.2
92.8
95.6
96.7

76.0
79.2
85.7
86.1
BB.5
83.4
80.9
91.3
93.6
95.4

78.3
82.5
85.8
82.9
85.5
32.8
83.1
93.0
94.5
94.6

79.1
83.7
85.5
82.3
BB.B
81.5
86.6
93.9
94.6
94.9

79.4
85.0
85.8
85.1
84.9
79.8
88.9
93.1
94.8
96.2

78.2
82.6
85.7
84.1
85.7
81.9
84.9
92.8
94.4
95.3

96.5
103.5
107.7
| 107.5
| 106.6
106.6

97.6
103.5
107.6
108.5
105.7
107.2

98.2
103.9
107.7
108.9
105.0
107.6

98.3
104.3
108.6
108.8
105.5
108.1

99,2
104.8
108.3
109.4
106.4
108.9

100.1
105.0
108.4
110.1
107.3
108.5

100.8
106.1
107.8
110.4
108.1
108.9

101.0
106.4
108.2
110.5
108.0

100.9
106.2.
108.2
110.6
108.4

102.3
106.5
107.7
109.9
108.4

102.2
106.9
108.1
108,3
108.1

102.6
107.4
108.6
107.2
107.4

97.4
103.6
107.7
108.3
105.8
107.1

99.2
104.7
108.4
109.4
106.4
108.5

100.9
106.2
108.1
110.5
108.1

102.4
107.0
108.1
108.5
107.9

100.0
105.4
108.1
109.2
107.1

Capacity
1972
1973
1974
1975
1976

79.8
82.3
85.0
87.9
90.2

80.0
82.5
85,2
88.1
90.4

80,2
82.7
85.5
88.3
90.8

80.4
83.0
85.7
BBS
90.8

80.6
83.2
86.0
88.7
91.0

80.8
83.4
86.2
88.9
91.2

81.0
83.6
86,5
89.1
91.4

81.2
83.9
86.7
89.2
91.6

81.5
84.1
87.0
89.4
91.8

81.7
84.3
87.2
89.6
92.0

81.9
84.5
87.5
89.8
92.2

82.1
84.8
87.7
90.0
92.4

80.0
82.5
85.2
88.1
90,4

80.6
83.2
86.0
88.7
91.0

81.2
83 9
86 7
89 2
91 6

81.9
84.5
87.5
89.8
92.2

80.9
83 5
86 4
89 0
91 3

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

92.6
95.3
98.2
101.0
104,3
107.8
110.7
113.3
116.0
119.2

92.8
95.5
98.4
101.3
104.6
108.1
110.9
113.5
116.2
119.4

93.1
95.8
98.7
101.5
104.9
108.3
111.1
113.7
116.5
119.7

93.3
96.0
98.9
101.8
105.2
108.6
111.3
113.9
116,8
119.9

93.5
96.3
99.1
102.1
105.5
108.8
111.6
114,2
117.1
120.1

93.7
96.5
99.4
102.4
105.8
109.0
111.8
114.4
117.3
120.3

94.0
96.8
99.6
102.7
108,1
109.8
112.0
114.6
117,6
120.5

94.2
97.0
99.8
102.9
106.4
109.5
112.2
114.8
117.9
1.20.7

94.4
97,3
100.0
103.2
106.7
109.8
112.4
115.0
118.2
120.9

94.6
97.5
100.3
103.5
107.0
110.0
112.6
115.3
118.4
121.1

94.8
97.7
100.5
103.8
107.3
110.2
112.8
115.5
118.7
121.3

95.1
98.0
100.7
104.0
107.6110.5
113.1
115,7
119.0
121.5

92.8
95.5
98.4
101.3
104.6
108.1
110.9
113.5
116.2
119.4

93.5
96.3
99.1
102.1
105.5
108.8
111.6
114.2
117.1
120.1

94 2
97 0
99 8
102 9
106 4
109 5
112 2
114 8
117 9
120 7

94.8
97.7
100.5
103.8
107.3
110.2
112.8
115.5
118.7
121.3

93 8
m6
99 5
102 5
106 0
109 2
111 9
114 5
117 5
120 4

1987
1988
1989
1990
1991
1992

121.7
124.2
127.0
130.0
133.8
i 136.7

121.9
124.4
127.2
130.3
133.6
137.0

122.1
124.6
127.5
130.8
133.9
137.2

122.3
124.9
127.7
130.9
134.2
137.5

122.5
125.1
128.0
131.1
134.5
137.7

122.7
125,3
128.2
131.4
134.8
137.9

122.9
125.6
128.5
131.7
135,1
138.2

123.1
125.8
128.8
131.9
135.3

123.3
126.0
129.0
132.2
135.6

123.5
126,3
129.3
132.5
135.9

123.7
126.5
129.5
132.8
136.2

123.9
126.7
129.8
133.0
136.5

121.9
124.4
127.2
130.3
133.6
137.0

122.5
125.1
128.0
131.1
134,5
137.7

123
125
128
131
135

1
8
8
9
3

123.7
126.5
129.5
132.8
136.2

122
125
128
131
134

82.1
87.3
85.9
75.4
77.5

82.5
88.2
85.3
74.1
78.7

83.0
88.0
85.4
72.6
78.3

84.1
88.0
85,0
73.1
78.4

83.7
88.2
85.8
72.7
79.2

83.7
88.6
85.8
73.5
79.0

83.4
88.9
85.2
73.8
79.3

84.3
88.6
84.6
75.0
79.6

85.0
89.1
84.7
75.6
79.7

86.0
89.2
83.9
75.8
79.8

86.8
89.0
81.2
76.4
80.9

B7.4
87.3
77.6
76.8
81.4

82.5
87.8
85.5
74.0
78.2

83.8
88.3
85.5
73.1
78.9

84,2
88.9
84.8
74.8
79.5

86.8
88.5
80.9
78.3
80.7

84.3
88.4
84,2
74.6
79.3

81.5
82.7
86.6
85.1
$1.6
76.4
73.0
80.4
| 80.3
80.6

81.7
82.6
87.2
85.1
81.7
77.9
72.8
80.1
80.7
79.9

82.3
83.5
87.3
84.9
81.7
77.3
73.2
80.8
80.7
79.1

83.3
85.4
86.2
83.0
80.7
767
73.9
81.1
80.9
79.1

83.8
85.5
87.0
80.8
81.1
76.0
74.6
81.5
80.9
78.9

84.2
86.1
86.7
79.6
81.3
75.6
74.9
81.8
80.5
78.5

84.0
86.1
86.0
79.1
82.1
75.0
76.1
81.9
80.0
78.7

83.9
86.2
85,4
80.0
81.7
74.5
77.1
81.8
80.2
78.7

84.2
86.5
85.5
80.9
81.1
73.8
78.2
81.6
80,4
78.6

83.9
86,7
85.8
81.2'
80.2
73.0
78.7
80.9
79.6
79.0

83.8
87,1
85.3
82.4
79.1
72.6
78.7
80.8
79.7
79.3

83.2
87.1
85.0
82.5
78.2
71.8
78.9
80.2
80.4
79.6

81.9
82.9
87.0
85.0
81.7
77.2
73.0
80.4
80.6
79.9

83.7
85.7
86.6
81.2
81.1
76.1
74.5
81.4
80.7
78.8

84.0
86.3
85.8
80.0
81.6
74.4
77.2
81.8
80.2
78.7

83.7
87.0
85.4
82.0
79.2
72.4
78.8
80.6
79.9
79.3

83.3
85.5
86.2
82.1
80.9
75.0
75.8
81.1
80.3
79.2

79.3

80.1
83.2
84.6
83.3
79.1
78.3

80.4
83.4
84.5
83.4
78.4
78.4

80.3
83.5
85.0
83.2
78.6
78.7

80.9
83.8
84.6
83.4
79.1
79.1

81.6
83.8
84.6
83.8
79.6
78.7

82.0
84.5
83.9
83.8
80.0
78.9

82.0
84.6
84.0
83.7
79.8

81.8
84.3
83.9
83.6
79.9

82.8
84.4
83.3
83.0
79.8

82.6
84.5
83.5
81.6
79.3

82.8
84.8
83.7
80.6
78.7

79.9
83.3
84.6
83.1
79.2
78.2

80.9
83.7
84.7
83.5
79.1
78.8

82.0
84.4
84.0
83.7
79.9

82.7
84.6
83.5
81.7
79.3

81.4
84.0
84.2
83.0
79.4

Year
Industrial
Production
1972
1973

|

1974

I

1975
1976

!

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992

Utilisation
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992

i
I

1

I 83.4
84.8
82.7

I 80.0




78.0

10

8
4
4
5
9

Table 5B
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA
Seasonally adjustesi
Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Q1

Q2

Q3

60.7
67.0
68.3
61.3
64.8

61.1
67.9
68.0
60.0
66.2

61.6
68.0
68.3
58.7
66.0

82.7
68.2
68.0
59.3
66.2

62.5
68.5
68.8
59.2
67.0

62.7
89.0
69.1
60.1
67.0

62.8
69.3
68.7
60.7
67.jS

63.6
69.4
68.7
61.7
67.9

64.2
69.8
68.8
62.5
68.1

65.2
70.2
68.2
62.9
68.4

66.1
70.4
66.3
63.4
69.3

66.8
61.2
69.1
67.6
63.1
68.2
64.1 I 60.0
70.0 J 65.7

62.6
68.6
68.6
59.6
66.7

63.5
69.5
68.7
61.6
67.9

66.0
69.9
65.9
63.5
69.2

63.3
38.9
67.9
61.2
67.4

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

70.6
74.7
80.6
81.0
80.0
76.6
76.2
87.1
89.9
94.0

70.9
74.8
81.2
81.3
80.5
78.8
76.5
87.6
90.4
93.6

71.7
75.2
81.5
81.1
80.6
78.2
77.6
88.3
91.1
92.8

72.6
77.1
80.1
79.2
80.5
77.4
78.3
88.7
91.4
93.6

73.4
77.3
81.5
77.1
81.0
77.3
79.4
89.1
92.0
93.6

73.8
78.0
81.4
75.9
80.9
77.2
80.0
89.7
91.5
93.4

73.8
78.2
81.0
75.6
81.5
76.8
81.2
90.1
91.3
93.9

74.3
78.7
80.4
76.9
81.1
76.4
82.3
90.3
92.0
94.4

74.5
79.1
80.5
77.9
80.6
75.9
84.1
90.2
92.3
94.6

74.4
79.6
81.0
78.8
79.7
75.2
B4.7
90.2
91.6
95.3

74.6
80.9
80.7
80.2
78.9
74.9
85.1
90.2
92.8
95.7

75.0 | 71.1
80.7
74.9
80.7
81.1
80.4
81.1
77.9
80.4
74.5
77.9
85.2
76.8
89.8
87.7
92.8
90.5
96.6
93.5

73.2
77.4
81.0
77.4
80.8
77.3
79.3
39.2
91.6
93.5

74.2
78.7
30.6
76.8
81.1
76.4
82.5
90.2
91.9
94.3

74.7
80.4
80.8
79.8
78.8
74.9
85.0
90.1
92.4
95.8

73.3
77.8
80.9
78.8
80.3
76.6
80.9
89.3
91.6
94.3

1987
1988
1939
1990
1991
1992

96.1
103.5
108.9
108.1
107.0
107.4

97.5
103.7
108.3
109.6
106.1
108.1

98.0
103.9
108.7
109.8
105.2
108.5

98.1
104.6
109.4
109.5
105.9
109.0

99.0
105.2
109.2
110.3
106.6
109.8

100.3
105.4
109.3
110.8
107.5
109.6

101.0
106.5
108.6
111.1
108.3
109.5

100.9
106.8
109.1
111.1
108.4

100.9
106.7
109.1
111.2
108.9

102.5
107.1
108.4
110.7
109.0

102.5
107.8
108.9
108.9
108.6

102.9
108.3
108.8
107.5
108.1

97.2
103.7
108.6
109.2
106.1
108.0

99.2
105.1
109.3
110.2
106.7
109.5

101.0
106.7
108.9
111.1
108.5

102.8
107.7
108.7
109.0
108.6

100.0
106.8
108.9
109.9
107.5

Capacity
1972
1973
1974
1975
1976

74.5
77.0
79.7
82.6
84.7

74.7
77.2
79.9
82.8
84.9

74.9
77.4
80.2
82.9
85.1

75.1
77.7
80.4
83.1
85.4

75.3
77 9
80 7
83 3
85 6

75.5
78.1
80.9
83.5
85.8

75.7
78.3
81.1
83.8
86.0

75.9
78.5
81.4
83.8
86.2

76.1
78.8
81.6
84.0
86.4

76.4
79.0
81.9
84.2
86.6

76.6
79.2
82.1
84.4
86.8

76.8
79.4
82.4
84.5
87.0

74.7
77.2
79.9
82.8
84.9

75.3
77.9
80.7
83.3
85.6

75.9
78.5
81.4
83.8
86.2

76.6
79.2
82.1
B4A
86.8

75.6
78 2
81 0
83 6
85 9

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

87.2
90.0
93.2
96.5
100.2
103.9
106.7
109.4
113.1
117.6

87.5
90.3
93.5
96.8
100.5
104.2
106.9
109.7
113.4
117.9

87.7
90.6
93.7
97.1
100.9
104.4
107.2
110.0
113.8
118.2

87.9
90.8
94.0
97.4
101.2
104.6
107.4
110.3
114.2
118.5

88 2
BSA
91 1
91.3
94 3
94.6
97 7
98.0
101 5 101.8
104 9 105.1
107 6 107.8
110 6 110.9
114 6 115.0
118 8 119.1

"88.6
91.8
94.8
98.4
102.1
105.3
108.0
111.8
115.3
119.5

88.9
91.9
95.1
98.7
102.4
105.6
108.3
111.5
115.7
119.8

89.1
92.1
95.4
99.0
102.7
105.8
108.5
111.8
116.1
120.1

89.3
92.4
95.6
99.3
103.0
106.0
108.7
112.1
116.5
120.4

89.5
92.7
95.9
99.6
103.3
106.3
108.9
112.4
116.9
120.7

89.8
92.9
96.2
99.9
103.7
106.5
109.1
112.7
117.2
121.0

87.5
90.3
93.5
96.8
100.5
104.2
106.9
109.7
113.4
117.9

88.2
91.1
94.3
97.7
101.5
104.9
107.6
110.6
114.6
118.8

88.9
91.9
95.1
98.7
102.4
105.6
108.3
111.5
115.7
119.8

89.5
92.7
95.9
99.6
103.3
106.3
108.9
112.4
118.9
120.7

33 5
91 5
94 7
98 2
101 9
105 2
107 9
111 1
115 2
119 3

1987
1988
1989
1990
1991
1992

121.3
124.5
128.0
131.8
135.6
139.5

121.6
124.8
128.3
132.1
136.0
139.7

121.8
125.1
128.6
132.4
136.3
140.0

122.1
125.3
128.9
132.7
136.6
140.3

122 4
125 6
129 2
133 0
136 9
140 6

122.6
125.9
129.6
133.4
137.2
140.8

122.9
126.2
129.9
133.7
137.6
141.1

123.1
126.5
130.2
134.0
137.9

123.4
126.8
130.5
134.3
138.2

123.7
127.1
130.8
134.7
138.5

123.9
127.4
131.1
135.0
138.9

124.2
127.7
131.4
135.3
189.2

121.8
124.8
128.3
132.1
136.0
139.7

122.4
125.6
129.2
183.0
136.9
140.6

123.1
126.5
130.2
134.0
137.9

123.9
127.4
131.1
135.0
138.9

122 8
126 1
129 7
133 5
137 4

81.5
87.0
85.7
74.2
76.4

81.8
87.9
85.1
72.5
78.0

82.3
87.9
85.1
70.8
77,5

83.4
87.9
B4.B
71.4
77.5

83.0
87.9
85.3
71.1
7BA

83.1
88.3
B5A
72.0
78.1

82.9
88.5
84.7
72.6
7B.B

83.7
88.4
B4A
73.6
78.8

84.3
88.6
84.3
74A
7B.B

85.4
88.9
83.3
74.8
79.0

86.3
38.3
80.7
75.2
79.9

87.0
86.9
76.6
75.8
80.5

81.9
87.6
85.3
72.5
77.3

83.2
88.0
85.1
71.5
78.0

83.6
88.5
84.4
73.5
78.7

86.2
38.2
80.2
75.2
79.8

83.7
88.1
83.8
73.2
78.5

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

80.9
82.9
86.5
84.0
79.8
73.7
71.4
79.6
79.5
79.9

81.1
82.3
86.9
84.0
80.0
75.6
71.5
79.9
79.7
79.4

81.8
83.1
36.9
83.5
79.9
74,9
72.4
80.3
80.0
78.5

82.5
84.9
85.2
81.3
79.8
74.0
73.0
80.4
80.0
79.0

83.3
84.8
86.4
78.9
79.8
73.7
73.8
80.6
80.3
78.8

83.4
85.4
86.0
77.4
79.5
73.5
74.2
80.9
79.6
78.4

83.3
85.4
85.4
76.9
79.9
72.9
75.2
81.0
79.2
78.6

83.6
85.6
84.5
77.9
79.1
72.3
78.0
80.9
79.5
78.8

83.6
85.9
84.4
78.7
78.5
71.7
77.5
80.7
79.5
78.8

83.3
86.1
84.7
79.4
77.4
70.9
77.9
80.5
78.6
79.1

83.3
87.3
84.1
80.5
76.4
70.5
78.1
80.3
79.4
79.3

83.6
86.9
83.9
80.5
75.1
70.0
78.0
79.7
79.2
79.8

81.3
82.9
86.8
83.8
79.9
74.7
71.8
79.9
79.8
79.3

83.1
85,0
85.9
79.2
79.6
73.7
73.7
80.6
80.0
7B.7

83.6
85.6
84.8
77.8
79.2
72.3
76.2
30.9
79.4
78.7

83.4
86.7
84.2
80.1
76.3
70.5
78.0
80.2
79.1
79.4

82.8
85.1
85.4
80.2
78.8
72.8
74.9
80.4
79.5
79.0

1987
1988
1989
1990
1991
1992

79.2
83.1
85.1
82.0
78.9
77.0

80.2
83.1
84.4
83.0
78.0
77.4

80.5
83.1
84.5
83.0
77.2
77.5

80.3
83.5
84.8
82.5
77.5
77.7

80.9
83.8
84.5
82.9
77.8
78.1

81.8
83.7
84.4
83.1
78.3
77.8

82.2
84.3
83.6
83.1
78.7
77.6

82.0
84.4
83.8
32.9
78.6

81.7
84.2
83.6
82.8
78.8

82.9
84.3
82.9
82.2
78.7

82.7
34.6
83.0
80.7
78.2

82.8
34.8
32.8
79.4
77.7

79.9
83.1
84.7
82.7
78.0
77.3

81.0
83.6
84.5
82.8
77.9
77.9

82.0
84.3
83.7
82.9
78.7

82.8
84.6
32.9 i
80.8
78.2

81.4
83.9
83.9
82.3
78.2

Year
industrial
Production
1972
1973
1974
1975
1976

Utilization
1972
1973
1974
1975
1976




11

QL Annual

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

Proportion
in total IP
Item
Metal mining
Iron ore
Nonferrous ores
Copper
Lead and zinc
Gold and silver
Ferroalloy

SIC 1987 1991
10
101
102-6.8,9
102
103
104
106

No t seasonally adjusted

Seasonally adjusted
1992
Jan

Feb

r

r

r

Mar

Apr

May

Jun

163.0

1992
Jan

Feb

Mar

Ap^

Mayr

Junr

141.0
117.8
145.8
123.0
173.4
181.1
140.4

157.9
116.9
166.5
127.0
199.0
216.9
185.1

158.1
111.7
167.8
135.1
185.9
212.0
209.0

156.8
124.8
163.6
136.3
166.1
205.8
198.0

169.6
129.9
177.9
144.0
164.5
231.1
206.5

168.3

0.32
0.05
0.26
0.09
0.01
0.12
0.01

0.44
0.06
0.38
0.11
0.02
0.21
0.02

144.2
135.6
145,9
121.1
163.0
184.3
152.9

152.9 155.8
118.5 114.3
159.9 164.2
125.7 127.6
176.9 175.3
206.1 , 212.7
186.8 194.7

154.2
115.7
162.2
136.5
163.4
203.1
196.3

166.4
117.2
177.0
141.2
161.1
231.0
209.1

11 0.01
12 1.21

0.01
1.24

75.9
106.9

85.7
108.2

80.8
102.9

68.3
104.3

69.8
107.9

67.5
98.5

66.3
104.9

79.6
112.4

78.4
106.7

69.7
103.1

67.8
105.2

67.7
100.1

Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Texas
Alaska and California
Louisiana and other
Natural gas

13 5.73
131 4.86
3.09
0.76
1.13
1.19
1.77

5.12
4.33
2.55
0.63
0.96
0.95
1.78

92.4
93.9
88.0
86.9
90.1
86.8
104.2

92.7
93.9
86.9
85.8
88.6
85.9
106.2

91.9
92.6
86.4
85.2
87.6
85.9
103.6

94.2
95.0
86.5
86.1
87.2
86.2
109.7

93.6
94.3
84.9
85.0
83.7
85.9
110.7

93.7
94.9
86.0
86.1
85.4
86.5
110.5

96.4
97.9
88.1
87.1
89.8
87.2
114.9

95.7
97.6
88.3
86.6
90.1
87.6
113.8

93.1
94.8
87.6
86.1
88.8
87.3
107.3

93.5
95.3
87.2
86.7
87.3
87.6
109.3

91.5
93.0
85.4
84.8
84.7
86.5
106.2

91.0
92.7
85.6
85.4
85.2
86.0
105.0

Natural gas liquids
Propane
Liquefied petroleum
Oil and gas well drilling

132 0.29
0.02
0.27
138 0.58

0.29
0.02
0.27
0.50

108.3
96.4
109.1
71.8

106.6
95.0
107.4
73.9

108.2
96.5
109.1
76.2

110.8
97.9
111.7
79.2

109.7
99.8
110.5
79.2

74.5

108.2
100.0
108.8
77.6

109.2
98.9
110.0
72.5

109.4
98.5
110.2
70.7

110.0
98.9
110.8
69.8

110.2
97.8
111.2
69.4

67.6

Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts

20 8.76
201 0.98
0.33
0.31
0.30
0.04
202 0.85
2021 0.01
2022 0.19
2023 0.17
2024 0.09

8.89
1.03
0.30
0.32
0.35
0.05
0.83
0.01
0.20
0.17
0.08

109.2
118.2
97.4
120.5
135.2
145.1
111.6
133.1
117.8
120.1
101.6

109.6
115.5
95.9
118.4
130.6
142.2
109.5
125.1
117.6
114.6
98.6

110.2
117.5
98.3
118.2
134.6
142.8
109.6
125.3
116.6
113.8
101.3

109.6
113.7
93.4
115.1
130.9
141.8
106.5
111.7
114.3
105.9
99.9

109.1
115.1
100.0
110.9
132.8
140.7
105.8
120.5
113.5
107.5
99.9

109.1
117.2
101.7
117.7
130.8
140.2
105.0
117.5
117.2
103.2
93.2

103.9
117.7
100.0
122.3
128.5
146.3
105.3
162.1
113.3
113.2
74.9

104.9
113.2
93.1
118.5
125.7
144.6
108.8
152.4
116.8
115.8
87.7

105.8
116.7
94.5
122.6
130.7
150.8
112.1
140.6
119.6
117.4
101.7

105.7
114.1
91.3
118.2
130.5
147.5
114.4
129.5
121.7
122.3
104.5

108.1
114.3
99.1
109.8
133.1
133.2
115.8
130.7
121.4
125.6
113.4

112.2
118.3
104.1
111.3
138.8
135.8
116.0
111.7
124.8
123.2
119.6

1.28
1.09
| 0.09
11.05
0.23
1.63
0.53
0.85
1.19

1.18
1.21
0.10
1.05
0.24
1.69
0.51
0.95
1.17

96.2
118.3
109.2
108.5
110.5
109.9
99.3
119.7
106.2

93.1
118.5
118.5
108.5111.4
112.4
103.3
121.4
108.3

90.9
120.7
117.8
111.3
116.8
113.4
106.0
122.2
105.8

95.0
120.0
120.5
112.4
114.5
111.3
100.8
122.1
105.9

93.9
121.7
118.5
112.2
113.0
110.8

92.4
118.8
113.2
110.5
118.2
109.7

84.5
116.5
114.2
103.0
119.7
108.6
110.5
110.0
99.1

86.0
115.3
113.8
104.7
113.1
109.8
110.1
112.8
99.5

92.6
120.1
112.4
116.2
115.4
120.8

118.8
106.1

86.6
116.5
125.5
100.4
113.2
105.4
105.0
109.0
103.6

89.0
119.8
118.1
108.3
108.9
113.3

120.5
102.9

86.2
117.3
103.8
100.9
114.4
98.8
91.9
107.5
102.9

117.8
101.2

127.3
104.9

21 1.02

0.95

98.8

99.4

101.3

101.0

100.6

101.5

95.7

105.2

105.9

99.1

97.6

111.8

Textile mill products
22 1.84
Fabrics
221-4 0.53
Cotton and synthetic
221,2 0.45
Knit goods
225 0.44
Hosiery
2251,2 0.12
Knit garments
2253,4,7-9 0.31
Carpeting
227 0.23
Yarns and miscellaneous
228,9 0.48

1.73
0.48
0.40
0.44
0.12
0.32
0.23
0.44

103.1
100.6
98.7
113.1
104.8
116.4
104.6
98.4

104.7
102.6
101.0
113.2
102.0
117.6
107.6
100.5

105.3
103.8
102.7
113.4
101.0
118.3
106.1
101.0

106.3
105.6
104.5
114.5

105.9
103.8
102.4
114.4

104.5
103.6
102.1
113.3

110.3
106.3
104.4
124.8

117.5
101.2
99.5

105.5
106.1
105.3
109.2
103.8
111.3
106.1
102.7

108.1
106.8
106.1
115.1

118.7
106.7
101.2

103.3
105.0
103.9
108.5
106.3
109.4
97.4
99.7

107.5
106.6
105.9
115.0

119.3
107.2
100.7

94.9
100.3
99.5
93.6
99.0
91.5
87.4
93.6

115.0
112.1
100.2

120.0
109.3
103.3

132.9
107.0
104.8

Apparel products

2.12

97.5

97.7

97.8

98.0

99.0

98.4

94.8

96.8

97.4

94.5

98.0

100.5

1.76
97.4
0.79 106.5
0.97
93.8
0.55 j 88.6
0.14
98.3

98.8
104.7
94.6
89.1
101.7

99.2
105.2
94.7
89.6
99.7

97.2
100.7
94.9
89.6
100.7

97.8
102.3
94.7
89.7
100.3

94.9
97.5
92.9
87.7
97.1

91.5
97.4
87.1
83.9
77.5

96.2
103.5
90.8
84.4
90.2

97.8
104.3
93.1
86.9
97.9

97.4
99.6
95.8
88.7
107.5

99.3
102.3
97.2
91.4
108.9

100.0
102.7
98.0
92.0
111.9

Anthracite
Bituminous coal

Canned and frozen food
Grain mill products
Flour
Bakery products
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Tobacco products

Lumber and products
Logging ana lumber
Lumber products
Millwork and plywood
Manufactured homes




203
204
2041
205
207
208
2082,3
2086,7
209

23 2.36
24
241,2
243-5,9
243
245

2.00
0.84
| 1.16
I 0.68
0.17

12

141.7
184.0
219.3

142.2
169.8
226.4

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

in total IP

Index. 1987^100
Seasonally adjusted

_ _
Not seasonally adjusted

SIC 1987 1991

1992
Jan

Feb

Mar

Apr'

Mayr

Jun r

1992
Jan

Feb

Mar

Apr*

Mayr

Jun r

25 1.45
251 0.68

1.34
0.61

98.7
100.2

98.1
100.0

98.6
100.6

101.1
103.5

103.3
105.6

103.0
105.6

95.8
96.0

101.2
105.0

98.5
102.1

98.9
102.6

99.4
102.0

103.7
107.5

252,4,9 0.71

0.66

95.4

94.2

95.1

97.6

99.5

99.0

94.0

96.6

93.6

93.8

95.2

98.7

3.58
1.64
0.16
0.98
0.50

3.51
1.63
0.16
0.97
0.50

107.1
108.2
109.9
107.7
108.4

104.6
106.8
107.7
104.6
110.8

105.8
108.3
107.2
107.0
111.2

107.0
109.8
110.5
108.8
111.6

105.8
107.3
107.4
105.9
109.9

107.3
110.2
108.4
109.0
113.0

108.1
110.3
112.2
110.0
110.4

107.7
110.5
111.0
109.1
113.0

108.3
110.5
109.1
109.2
113.6

108.1
109.8
112.1
108.5
111.6

104.6
106.6
105.1
105.1
110.2

108.4
110.9
110.7
109.0
114.7

264 1.21
265 0.71

1.16
0.71

104.0
111.9

101.0
107.5

101.8
109.2

101.0
112.8

101.0
112.9

102.6
111.1

104.4
111.5

104.2
109.3

104.7
111.3

101.9
117.1

99.7
110.1

103.0
113.9

6.37
1.74
1.73
2.90

6.68
1.50
2.11
3.07

114.8
93.4
135.2
115.5

114.4
94.6
131.9
115.8

113.8
93.1
131.5
115.6

113.7
91.6
132.8
115.8

113.6
91.0
131.6
116.5

112.6

106.9
92.4
122.9
106.1

107.0
93.4
123.4
105.4

108.7
93.7
125.0
107.8

109.9
93.0
126.7
110.0

115.7

129.0
115.0

104.3
84.0
124.4
104.4

133.3
120.2

28 8.60

8.91

112.7

113.4

114.8

115.8

116.9

118.0

108.5

111.2

112.1

115.0

115.7

121.9

3.61
0.79
0.05
0.11
0.10
0.53
0.31

3.60
0.83
0.05
0.12
0.10
0.57
0.32

108.0
116.5
105.3
111.1
107.0
120.6
114.0

108.2
115.9
91.1
105.1
101.2
123.5
115.2

110.1
116.8
99.4
103.1
114.2
122.0
115.8

110.9
118.1
91.0
109.0
114.0
123.6
119.2

112.4
121.7
96.8
114.0
119.0
126.3
123.4

113.9
123.6
102.7
119.0
117.0
128.0
126.2

107.3
115.4
96.9
109.1
102.3
121.1
116.5

110.4
121.2
95.2
107.0
106.4
129.6
131.2

110.6
116.0
98.9
104.0
114.0
120.6
112.7

112.3
118.3
94.5
110.1
115.4
123.0
118.0

112.3
123.1
94.7
114.0
124.4
127.6
123.4

114.7
125.1
102.7
118.2
125.4
128.7
126.1

Synthetic materials
282 1.28
Plastics materials
2821 0.78
Synthetic fibers
2823,4 0.41
Industrial organic chemicals
286 1.54

1.29
0.87
0.35
1.48

109.4
123.1
89.1
102.5

109.6
123.4
88.6
103.0

113.6
126.9
94.0
103.7

114.2
128.0
93.9
104.5

115.5
131.4
91.3
105.0

96.0
106.0

107.0
119.6
87.9
103.4

113.5
126.7
93.4
102.3

116.1
130,6
93.0
103.4

118.1
132.2
96.7
104.4

115.0
130.1
91.4
104.5

97.2
106.0

Item
Furniture and fixtures
Household furniture
Office furniture, fixtures,
and miscellaneous
Paper and products
Pulp and paper
Wood pulp
Paper
Paperboard

26
261-3
261
262
263

Converted paper products
Paperboard containers

Printing and publishing
27
Newspapers
271
Periodicals, books, and cards 272,3,7
Job printing
274-6,8,9
Chemicals and products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Industrial gases
Inorganic pigments
Inorganic chemicals, nee
Acids and other

281,2,6
281
2812
2813
2816
2819

Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

283-5,9
283
284
285
287

4.54
2.01
1.53
0.41
0.45

4.86
2.29
1.54
0.35
0.44

118.0
127.5
105.9
100.4
107.8

118.0
128.7
104.4
101.8
109.0

119.1
130.3
104.7
103.7
111.0

120.4
131.2
107.4
107.0
109.2

121.0
132.4
106.1
109.7
111.1

121.6
132.7
106.9
111.4
112.0

109.9
116.5
100.9
84.8
106.2

112.1
118.1
102.0
99.0
109.5

113.3
119.5
101.5
107.0
112.5

117.1
125.2
102.3
119.3
115.7

118.8
127.5
103.3
123.4
112.4

128.7
143.1
109.5
129.1
111.4

Petroleum products
29
Petroleum refining and misc.
291,9
Automotive gasoline
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosine
Miscellaneous petroleum products

1.32
1.11
0.52
0.19
0.05
0.10
0.26

1.32
1.08
0.49
0.19
0.05
0.10
0.25

106.6
102.7
105.1
100.8
99.4
94.8
102.8

106.9
102.7
104.2
102.5
100.6
91.8
104.5

109.7
105.1
101.9
109.3
112.3
97.9
109.8

110.3
106.0
102.6
112.5
103.1
100.0
111.1

108.7
104.5
102.7
108.1
114.0
108.4
102.1

109.1
104.8
102.5
112.5
106.2
106.8
102.6

100.0
98.8
103.0
103.3
109.0
99.6
84.9

98.3
96.6
98.8
98.3
108.1
95.2
89.3

100.6
98.8
97.9
100.9
111.8
96.7
97.5

106.5
103.9
101.8
108.3
101.6
91.8
110.2

110.4
105.7
103.8
107.7
108.9
99.8
109.8

114.2
109.0
106.3
110.7
99.7
101.1
118.1

Rubber and plastics products
30
Tires
301
Other rubber products
302-4,6
Plastics products, nee
307

3.02
0.40
0.44
2.18

3.11
0.39
0.44
2.27

113.2
114.9
109.7
114.4

114.0
119.8
109.7
113.8

115.4
121.9
109.9
115.4

116.5
117.2
112.2
117.2

116.6
123.4
113.1
116.2

117.3
123.8
115.1
116.6

105.9
114.1
102.6
105.1

117.5
126.8
114.7
116.4

117.3
129.3
111.5
116.3

116.7
120.0
111.7
117.1

116.2
120.6
113.4
116.0

120.5
123.2
118.1
120.4

31 0.30
313,5-7,9 0.10
314 0.15

0.25
0.08
0.11

83.0
85.0
68.9

81.4
83.9
68.0

82.9
83.3
69.5

84.1
83.7
71.0

85.5
83.3
73.2

85.8
82.6
73.9

80.2
82.0
65.5

84.6
80.9
74.0

84.9
82.2
73.3

83.9
81.0
71.5

85.8
82.1
74.8

87.2
82.9
76.2

2.46
0.35
0.19
0.16

2.19
0.32
0.16
0.13

92.8
97.7
89.2
96.2

94.6
99.5
90.9
92.0

95.0
100.5
92.3
82.0

95.6
97.9
88.6
83.5

96.6
96.7
85.5
86.1

96.4
98.5
87.0

88.2
90.2
83.2
55.3

90.0
100.7
95.5
61.5

92.7
101.5
95.8
71.5

95.9
100.7
94.0
88.2

96.9
98.6
88.3
96.7

98.9
103.2
93.9

0.12
0.05
0.06
1.50

0.08
0.04
0.04
1.32

62.2
64.7
61.5
90.9

63.8
66.1
63.8
92.1

65.0
66.6
65.9
92.8

67.1
75.0
63.2
93.9

66.0
76.1
60.5
95.3

64.5
76.0
57.8
94.4

56.5
55.7
59.1
88.6

60.6
59.2
64.4
88.5

63.7
63.1
66.6
91.2

68.5
77.5
63.7
94.2

66.6
76.5
61.5
94.7

67.6
80.9
59.3
95.1

Leather and products
Personal leather goods
Shoes

Stone, clay, and glass products 32
Pressed and blown glass
322
Glass containers
3221
Cement
324
Structural clay products
Brick
Clay tile
Concrete and miscellaneous




325
3251
3253,5
326-9

13

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion I
in total IP 1
Item

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

1.14
0.29
0.28
0.14
0.08
0.35
332 0.44

Index. 1987=100
J
1992
Jan
Junr
Mayr

1992
Jan

Feb

Mar

Aprr

3.09
1.78
1.48
0.33
0.19
0.10

102.5
105.0
114.2
103.6
107.7
103.3

102.7
103.7
112.2
102.0
105.6
102.7

101.4
102.5
111.2
99.2
103.0
98.3

100.9
100.9
108.9
99.0
103.1
99.9

102.0
102.3
110.1
97.8
101.7
98.5

101.8
102.0
109.4
99.8
103.8
101.5

1.14
0.25
0.26
0.15
0.08
0.41
0.31

117.7
110.4
112.2
123.1
90.3
131.6
73.3

115.5
105.5
107.4
123.7
106.7
128.5
75.2

115.0
109.3
104.3
115.5
116.8
127.4
73.2

112.1
108.0
101.9
113.5
105.3
124.4
73.9

114.1
109.4
103.0
120.6
112.1
124.5
76.1

SIC 1987 1991

Primary metals
33 3.32
Iron and steel
331,2 1.95
Basic steel and mill products
331 1.50
Basic iron and steel
0.37
Pig iron
0.20
Raw steel
0.11

Seasonally adjusted

No] seasonally adjusted
Feb

Mar

Aprr

Mayr

Junr

100.7
102.8
112.1
102.3
107.0
100.6

106.0
107.2
115.9
103,9
108.7
104.1

107.4
108.8
116.8
105.2
110.2
105.6

106.7
109.1
116.2
105.7
110.8
107.0

105.0
106.4
115.0
103.5
108.3
103.9

104.6
105.4
112.7
102.1
106.5
102.1

112.5
110.1
101.1
114.2
11-6.4
121.7

115.3
108.2
109.4
116.8
85.5
131.6
71.0

119.8
114.2
110.2
119.1
95.9
137.2
77.5

120.6
115.9
111.0
117.1
112.8
134.9
81.5

119.6
117.0
110.5
118.1
110.2
131.3
85.0

118.7
119.8
105.6
125.1
118.5
125.6
77.4

116.1
112.3
104.6
119.9
123.0
125.3

Nonferrous metals
333-6,9
Primary nonferrous metals
333
Copper
3331
3334
Aluminum
Secondary nonferrous metals 334

1.38
0.22
0.03
0.14
0.07

1.31
0.24
0.03
0.16
0.07

98.9
113.6
114.1
119.0
107.0

101.2
112.9
117.9
118.4
104.0

99.9
115.0
124.8
118.1
99.2

100.9
111.8
110.0
117.8
104.4

101.5
111.5
103.7
118.6
103.1

101.6
113.9
127.0
120.0

97.9
115.3
117.2
121.0
100.2

104.3
116.0
121.4
120.4
108.1

105.4
119.0
126.9
120.7
102.0

103.4
114.9
119.1
120.2
104.0

102.9
112.4
109.0
120.3
103.9

103.5
112.9
123.7
119.9

335,6
Nonferrous products
Nonferrous mill products
335
Copper
3351
Aluminum
3353-5
Construction
Misc. aluminum materials
Nonferrous foundries
336

0.96
0.73
0.11
0.23
0.10
0.14
0.23

0.86
0.67
0.09
0.21
0.08
0.13
0.19

92.7
94.5
90.2
92.4
85.3
97.4
86.8

97.2
100.5
110.2
102.8
92.3
110.1
87.0

94.4
97.1
96.4
99.2
90.7
105.2
86.0

96.4
99.4
98.1
101.4
90.0
109.4
87.0

97.4
100.9
93.7
103.7
93.5
110.8
86.5

97.2
100.9
100.8
99.2
88.9
106.4

92.1
93.6
88.7
87.5
81.3
91.9
87.5

100.2
101.6
109.6
105.3
94.3
113.0
95.8

100.4
102.0
106.5
106.7
93.3
116.1
95.0

98.9
101.0
98.7
105.9
93.6
114.6
92.2

99.3
102.3
98.6
107.3
95.1
115.8
89.8

99.3
102.6
104.1
105.9
95.9
112.9

34
341
342
344
345-7

5.38
0.29
0.58
1.34
1.63

5.04
0.29
0.55
1.14
1.58

99.7
108.3
104.9
89.7
102.0

100.5
107.8
103.5
89.8
103.1

100.0
107.0
105.1
88.7
103.6

100.6
106.6
106.2
89.5
104.8

102.2
107.7
107.8
90.0
108.0

102.2
108.9
108.2
88.5
109.1

96.3
99.9
99.0
87.6
96.2

100.8
104.8
104.6
85.7
108.4

100.7
106.8
105.9
85.7
107.5

99.9
106.7
104.3
85.9
106.9

101.1
107.7
106.6
89.1
106.2

103.7
114.7
110.3
89.9
110.8

8.55
0.50
0.40
1.11
0.93
0.69
0.87
2.46
0.79

9.87
0.56
0.50
1.02
1.00
0.68
0.84
3.57
0.84

121.4
115.9
134.8
84.8
109.6
101.6
99.3
160.5
116.3

121.9
119.3
136.0
86.3
110.6
102.4
99.0
162.4
115.0

122.9
120.2
134.8
86.6
110.9
102.8
98.7
164.9
114.6

124.1
120.9
134.7
88.3
110.8
102.6
97.5
168.2
114.5

126.7
128.6
134.4
93.9
111.8
102.6
98.8
170.5
117.6

126.6
128.1
133.8
92.4
111.4
102.6
98.2
174.0
115.1 |

116.6
117.6
133.2
82.3
105.4
102.2
95.5
153.0
107.3

120.5
120.0
143.6
86.1
112.0
102.2
100.2
154.8
113.3

121.5
121.5
143.6
83.8
110.5
103.6
98.9
159.0
114.7

120.9
120.2
139.6
84.2
108.6
101.5
96.9
160.5
113.9

123.7
126.5
136.7
91.7
107.8
102.4
98.7
163.7
119.4

129.9
126.1
136.1
94.7
114.0
103.1
100.3
179.1
121.2

8.62
0.93
0.54
I 0 09
0.10
0.10
I 0.25

8.86 110.0
0.85
95.2
0.50 101.3
0.08 ! 93.1
0.10 107.2
0.09 101.3
0.24 101.8

110.7
93.8
103.0
104.7
100.9
100.0
104.5

110.9
95.5
100.8
93.2
100.7
104.1
102.3

111.0
95.2
102.4
89.3
107.9
103.1
104.8

112.4
94.5
109.4
96.4
114.9
112.0
110.8

112.1 i 109.3
93.9
90.5
109.0 102.1
100.3
96.3
122.5 106.2
104.7 102.7
108.2 102.3

109.7
93.7
107.2
101.2
116.4
108.7
104.9

110.2
96.0
105.7
100.7
111.6
111.4
102.7

109.5
93.9
106.8
92.8
123.2
106.0
105.5

110.8
94.0
107.9
94.6
120.2
107.3
108.0

112.0
98.1
109.8
90.6
136.6
105.3
107.5

0.21
3.01
2.26
0.10
0.90
0.12

0.21 102.5
3.13 I 112.2
2.57 122.0
0.11 I 123.6
0.87
99.4
0.14 101.6

107.2
110.4
124.8
131.2
103.6
119.6

106.0
110.3
124.9
124.0
106.2
134.4

106.0
111.1
125.6
134.1
105.7
126.0

110.4
112.3
127.4
143.5
107.8
133.3

108.0
112.6
125.8
146.5
106.6
127.4

94.7
113.4
122.8
126.6
100.9
98.9

95.8
110.4
124.6
140.0
99.2
96.1

87.5
110.9
124.7
113.8
101.8
106.6

94.6
109.9
124.5
145.9
99.5
97.0

107.4
110.7
126.3
142.9
102.8
107.5

98.3
111.6
125.3
121.7
105.8
119.5

37 9.80
371 [4.65
1.60
11.12
0.57
| 0.55
3715 0.08
3714 1.85

9.03
93.8
3.93
87.1
1.26
79.1
1.01
92.3
0.50
91.7
0.51
93.0
0.06 I 107.8
1.60
89.9

96.8
93.8
84.8
108.3
106.4
110.2
113.6
92.0

96.5
94.2
81.9
114.5
110,3
118.8
100.3
92.3

98.0
98.5
93.1
114.6
1.11.0
118.3
104.9
93.2

99.6
102.7
98.6
118.5
113.8
123.3
115.4
96.1

98.0
100.2
97.6
110.6
106.6
114.7
118.0
95.4

93.0
84.6
74.9
86.9
86.7
87.2
93.4
91.1

98.7
97.1
90.4
114.9
1.12.9
117.0
110.1
91.6

100.6
101.8
93.1
128.9
123.9
134.0
107.7
92.7

99.1
100.9
95.3
121.5
118.0
125.1
109.1
93.0

102.6
109.0
107.3
132.3
126.5
138.3
117.3
96.1

100.9
106.6
105.4
124.3
120.3
128.5
119.6
96.4

372 3.01
373 0.55
374-6,9 1.59

2.96 101.4
0.51 I 96.9
1.63
97.1

101.3
97.8
96.8

100.7
98.3
95.5

100.2
97.4
92.7

99.4
96.2
91.9

98.7
96.1
91.5

103.1
98.8
96.9

102.9
98.7
95.0

101.2
100.3
96.1

98.8
98.5
94.5

98.2
98.1
93.5

97.5
95.6
92.7

Fabricated metal product®
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners, stampings, etc.

Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Office and computing machines
Service industry machines

35
351
352
353
354
355
356
357
358

36
Electrical machinery
361,2
Major electrical ana parts
Household appliances
363
Cooking equipment
3631
Refrigerators and freezers
3632
Laundry
3633
Miscellaneous
3634-6,9
TV and radio sets
Communication equipment
Electronic components
TV tubes
Misc. electrical supplies
Storage batteries
Transportation equipment
Motor vehicles and parts
Autos
Trucks and buses
Business vehicles
Consumer trucks
Truck trailers
Motor vehicle parts
Aircraft and parts
Ships arid boats
Rail and miscellaneous




365
366
367
3671-3
369
3691

14

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

Proportion
inJofcUP

Seasonally adjusted

Not seasonally adjusted
r

1992
Jan

Feb

Mar

Apr

„,.

SIC W 7

1991

1992
Jan

Unstruifierats
38 3.26
Scientific and medical
381-4 2.21
Photographic equip. & supplies 386 0.94

3.60
2.47
1.01

118.3
119.7
116.3

118.6
119.8
116.7

118.6
119.8
116.9

119.0
119.9
118.5

119.6
120.4
119.1

118.4
119.0
118.3

114.4
113.8
116.2

116.5
116.8
116.4

116.4
117.0
115.7

117.1
117.0
118.2

117.6
118.1
117.4

121.5
122.4
120.6

Misc. mmnimcltarm
Consumer goods
Business supplies

39 1.24
391,3,4,6 0.65
395,9 0.59

1.39
0.69
0.69

121.2
118.6
124.0

120.0
117.8
122.5

120.0
118.0
122.1

118.9
117.5
120.6

118.4
118.6
118.1

117.5
117.0
118.6

113.0
110.3
115.9

120.6
116.0
125.7

119.0
117.6
120.5

116.5
115.3
117.8

115.7
117.0
114.4

121.4
122.1
120.6

491 ^ p t 6.01
2.55
1.45
1.10

6.33
2.69
1.40
1.29

109.3
109.6
99.3
123.3

109.0
108.9
98.8
122.2

110.7
110.9
105.7
117.8

111.0
111.0
107.5
115.7

110.8
109.9
105.6
115.6

110.1
110.0

115.3
116.2
103.8
132.6

113.7
110.8
99.1
126.3

105.6
106.0
97.3
117.5

102.4
101.1
97.0
106.5

102.2
103.6
96.1
113.4

113.9
114.2

3.46
1.40
2.06
0.91
1.15

3.64
1.47
2.16
0.94
1.22

109.1
108.0
109.9
109.8
109.9

109.1
107.5
110.1
110.9
109.5

110.6
108.9
111.7
112.1
111.4

111.0
111.0
111.0
111.0
111.0

111.5
111.7
111.4
111,2
111.5

110.1

114.7
126.3
106.7
106.5
106.9

115.7
121.4
111.9
113.3
110.8

105.3
102.0
107.6
109.4
106.1

103.3
98.0
106.9
111.1
103.6

101.3
89.5
109.3
111.1
107.9

113.6

4®2>3pt 1.62

1.45

97.5

96.9

96.7

97.7

96.6

96.1

166.7

149.3

127.9

100.8

72.6

57.5

Jtsm

ES@cf rle I I M N I M

Generation
Fossil fuel
Hydro and nuclear
Sales
Residential
Nonresidential
Industrial
Commercial and other
Gas utllltlss

Feb

Mar

Apr

r

May

r

Jun

r

May

r

Junr

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1982 dollars at annual rates, seasonal ly adjust ed
1991
Item
1982 1991
Q1

Q2

Q3

Q4

1992
Q1

Q2 r

1992
Feb

Mar

Aprr

Mayr

Jun r

JulP

1376.8 1880.0 1851.4 1873.2 1894.2 1901.7 1887.3 1926.9 1889.7 1902.8 1918.7 1935.0 1926.9 1930.2

ProcSuefs8 total

1084.5 1481.8 1456.0 1477.7 1494.0 1500.7 1487.0 1525.1 1490.8 1501.5 1518.2 1531.1 1525.9 1525.4

Final pr©dy@ts
Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

703.7
133.3
65.8
67.4
570.5

879.8
211.1
118.9
92.2
668.7

856.0
192.0
103.7
88.2
664.0

873.9
209.8
118.9
90.9
664.1

889.7
220.5
125.8
94.7
669.2

899.7
223.9
129.2
94.7
675.8

888.0
216.0
122.5
93.6
671.9

908.1
230.7
134.1
96.6
677.4

890.2
219.4
125.2
94.2
670.8

896.2
222.9
128.7
94.2
673.3

905.6
227.1
132.2
94.9
678.5

911.5
235.5
137.4
98.1
676.0

907.1
229.4
132.7
96.7
677.7

906.3
226.1
130.3
95.7
680.2

Equipment, total
Business and defense
Business
Defense and space

380.8
345.5
278.0
67.4

602.0
584.5
494.9
89.6

600.0
580.9
488.4
92.5

603.9
584.9
494.7
90.3

604.3
587.3
499.3
88.0

601.0
585.5
498.1
87.4

599.0
583.3
498.4
84.9

617.0
600.8
518.1
82.6

600.6
584.8
499.8
85.0

605.3
589.3
505.2
84.0

612.7
596.2
512.9
83.2

619.6
603.1
520.4
82.7

618.8
603.1
521.1
82.0

619.2
602.8
521.7
81.1

292.3
108.4
184.0
63.4

398.2
144.4
253.8
82.1

395.4
144.2
251.2
80.7

395.5
144.3
251.2
82.1

400.1
145.6
254.5
81.5

401.1
143.6
257.5
83.5

400.3
145.2
255.1
79.1

401.8
145.9
255.9
82.0

398.9
145.2
253.7
78.1

401.2
145.9
255.3
80.1

400.5
145.3
255.2
81.7

403.9
147.1
256.8
82.5

401.0
145.3
255.6
81.8

404.8
146.6
258.2
83.6

§ritef?fi®d§@t© products
Construction supplies
Business supplies
Commercial energy products

T8bl6 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
On® Month Earibr
1990
1991
1992
Thr@# Months Eariisr
1990
1991
1992
Ste Months Earifeir
1990
1991
1992

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

56.0
40.6
41.4

52.3
41.6
52.0

47.6
37.6
56.4

49.6
64.0
51.8

58.4
52.8
60.0

56.8
63.8
42.2

67.0
58.0

49.2
54.8

45.2
51.2

37.2
48.0

34.4
50.8

36.4
44.4

53.6
27.6
41.0

52.8
32.0
43.4

57.6
34.4
53.0

51.2
43.2
60.2

54.8
52.0
62.2

59.8
67.6
51.8

65.6
64.0

59.6
65.2

51.4
53.8

39.6
48.0

32.0
46.0

28.0
43.6

51.2
22.4
45.0

52.8
26.4
45.0

54.4
22.8
47.0

52.8
30.4
50.6

58.4
38.8
54.6

59.6
47.6
54.2

61.6
58.8

60.4
62.4

56.8
71.2

54.4
64.0

44.4
61.6

37.2
50.8

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




15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1€87 = 100

1987
Billion
SIC KWH

1992
Jan

Feb

Mar

850.7

108.5

108.6

776.5
351.3
425.2
74.2

108.4
104.6
111.8
109.2

10
101
102

14.6
6.3
4.8

11,12

Oil ©nc§ 9a© extraction
Crude oil and natural gas
Natural gas liquids

Not seasonally adjusted

Seasonally adjusted
JunP

1992
Jan

Feb

Mar

109.4

109.7

105.0

106.2

107.7

108.3

109.4

112.1

109.4
105.9
112.7
109.9

109.5
104.9
114.0
108.4

109.8
105.3
114.3
107.6

104.4
100.6
107.8
113.4

106.0
103.2
108.5
108.6

107.6
105.2
109.7
110.1

108.2
105.0
111.1
110.3

109.5
105.9
112.7
108.4

112.6
107.4
117.2
105.7

129.8
112.7
141.2

136.8
128.6
147.6

132.5
120.3
138.7

139.2
130.4
147.1

140.0
138.3
141.0

133.8
126.8
140.0

134.0
120.9
142.1

137.0
127.1
145.3

139.6
131.6
145.2

138.0
131.0
143.3

95.0

95.2

95.9

99.4

98.5

108.9

110.0

106.8

101.9

95.8

90.4

98.8
97.2
94.1

95.0
94.3
83.5

100.9
99.0
100.3

99.0
97.2
95.4

98.2
96.7
93.1

96.4
95.2
89.6

103.5
102.0
95.4

94.5
94.3
80.7

98.2
96.7
98.7

97.6
96.1
94.8

95.7
93.5
95.5

96.0
93.6
92.6

12.3
3.5
2.9
3.9

118.5
105.9
114.6
119.6

116.9
108.9
117.9
123.3

120.5
119.6
115.6
122.5

119.1
112.6
118.3
122.6

117.8
107.7
121.7
119.8

109.2
113.2
118.9
95.2

110.7
86.0
97.3
122.4

109.7
86.6
98.1
123.3

114.6
101.7
98.1
125.2

120.7
111.7
113.8
126.7

119.6
114.2
123.4
120.3

111.6
118.5
126.4
94.5

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

112.9
115.8
103.8
111.3
114.0
110.4
117.9
122.4
102.5
105.4

114.7
116.5
106.9
111.0
111.6
110.7
127.0
123.1
108.7
111.4

114.0
117.6
107.4
106.7
111.4
113.5
135.3
123.9
109.7
106.2

114.7
115.8
105.7
110.7
116.6
116.9
128.8
126.7
106.7
107.1

115.4
117.4
104.4
110.4
119.4
114.1
131.4
127.3
105.8
103.1

111.2
111.7
100.1
107.6
115.9
111.0
128.4
128.8
107.6
102.2

106.6
108.2
97.3
99.9
112.6
103.3
124.4
130.2
92.3
97.7

107.1
107.0
97.2
100.6
110.1
102.5
126.5
131.6
97.4
102.3

105.7
106.2
100.1
98.5
108.1
104.8
119.6
124.3
99.2
97.7

107.5
109.2
101.3
100.5
111.8
108.9
113.5
122.2
99.4
100.2

109.9
112.6
104.1
104.3
114.2
109.5
114.4
117.4
104.0
99.9

115.0
116.8
107.2
109.0
115.1
116.9
120.7
120.8
112.5
106.8

21

1.7

95.2

94.8

112.4

114.0

112.6

100.5

82.7

91.1

105.7

103.2

107.0

109.3

Tmille mill presets
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

108.9 106.1
99.8
97.6
133.0 124.1
113.0 108.4
111.2 109.1
112.7 109.7

108.4
100.9
125.3
107.3
113.8
108.2

107.4
98.6
126.3
114.7
111.2
114.8

106.4
97.8
126.2
112.8
108.4
110.7

106.4
96.3
121.4
112.4
116.2
105.7

91.9
84.9
105.2
99.3
92.0
99.9

98.9
90.8
115.8
105.6
100.5
104.0

103.4
95.3
117.6
104.8
107.5
108.2

104.7
95.0
122.2
112.5
108.4
110.7

108.2
99.4
127.4
112.2
111.3
112.2

118.8
109.7
138.1
120.3
125.3
116.4

Apparel produeta
Men's outerwear
Women's outerwear

23
231,2
233

1.9
1.9

95.7
112.8
84.1

94.2
109.4
85.9

98.2
107.5
86.4

97.7
106.5
89.1

97.8
105.7
87.2

91.4
96.0
81.3

82.6
93.1
73.1

88.8
100.6
79.6

89.7
95.9
78.0

89.5
97.2
80.2

94.0
104.1
82.9

99.2
108.3
87.8

Apr

r

May

108.9

109.4

108.8
104.0
113.2
106.6

108.8
105.0
112.6
108.8

140.1
146.5
138.8

133.0
125.7
143.2

13.4

97.6

13
131
132

33.0
27.7
3.7

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

14
142
144
147

P©0cte
Meat products
Dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Coffee and miscellaneous

Item
Total

r

Apr r . May'"

JunP

m^mjaaanEf GROUPS
^anufactyrlrig
Durab!#
Mondyrafel®
Mining
MBU81BY GROUPS m$ SERIES
Mutei mining
Iron ore
Copper ore
Coal

Tohmm pm$uet®

e.e

Lumbar @nd produet®
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

103.6
98.0
88.8

101.4
96.6
91.0

102.4
98.1
92.2

105.0
98.7
92.9

105.3
99.6
95.8

105.2
100.0
94.7

103.3
98.4
89.4

106.7
102.6
94.0

104.9
100.3
95.0

107.1
102.1
95.7

105.5
101.0
95.1

104.3
97.1
94.0

Furniture and f Ixturea
Household furniture

25
251

5.7
3.2

102.6
98.8

101.5
97.4

102.9
99.7

106.1
103.0

107.6
105.1

103.4
98.2

98.4
94.0

104.3
101.4

103.2
101.5

103.7
102.0

103.6
101.4

105.1
100.7

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

26
261
262
263
264
265
266

97.0
7.1
51.6
26.0
7.6
4.5

«

113.3
122.0
114.0
121.5
99.1
110.3
109.2

110.5
125.9
110.4
120.0
101.3
105.5
98.4

109.7
116.6
108.7
112.6
98.7
108.6
102.3

108.7
114.0
108.0
109.3
100.6
110.9
101.0

110.6
109.5
108.3
118.6
99.8
109.9
111.3

113.7
108.1
115.0
116.3
104.0
112.4
108.2

112.5
120.4
115.0
117.4
94.1
105.5
110.0

108.7
126.4
108.1
116.2
99.2
106.5
94.6

109.2
117.0
108.8
113.4
96.0
106.9
104.8

109.1
115.5
110.0
109.9
98.6
109.0
98.9

110.5
113.1
109.1
115.6
101.7
108.9
109.3

114.7
112.2
114.2
119.0
107.9
114.6
110.0

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

123.6
115.7
124.5

123.3
115.1
126.1

121.8
115.0
124.6

123.0
111.7
124.0

123.6
111.9
126.3

119.4
109.4
120.8

113.5
109.2
112.9

112.6
104.1
114.8

111.8
102.6
113.7

114.5
104.9
116.1

117.4
108.2
119.0

125.4
116.9
126.0

28 146.2
281 61.8
2812 14.1
2819 29.1
10.9
18.2

114.7
117.8
123.4
131.9
107,2
151.9

117.3
121.9
119.2
140.5
112.8
162.8

116.0
119.3
120.9
131.3
107.2
154.2

114.0
118.0
118.9
134.6
109.1
151.4

117.1
120.5
118.4
139.6
111.6
158.2

117.7
122.7
121.8
141.5
105.6
166.5

113.5
117.1
122.0
133.2
113.8
147.0

112.2
116.2
115.1
129.8
107.5
145.8

115.1
120.5
121.6
137.0
106.8
158.5

115.0
119.1
122.8
134.1
107.1
153.3

116.4
122.0
124.6
140.7
111.1
161.8

119.0
123.0
123.6
140.8
105.0
166.3

Chamlcala and products
Basso chemicals
Alkalies and chlorine
Inorganic chemicals, nee
Acid and fertilizer materials
Nuclear materials, nondefense

'Not available because of SIC classification changes




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING

Item
Chemicals and Products (®@nt)
Synthetic materials
Plastics materials
Drugs and medicines
Soap and toiletries
Industrial organic chemicals
Agricultural chemicals

1987 [_ _ _
Billion
1992
SIC KWH
Jan

Index. 1987 = 100
L
1992
r
May
Jan
JunP

Seasonallv_adiu3ted
Feb

Mar

Apfr

_ _ _ _ „ _ _ _ _
Mot seasonally adjusted
Feb

Mar

^ML-

Mayr

JunP

282
2821
283
284
286
287

26.5
14.2
5.5
3.1
36.0
8.5

105.3
107.5
118.8
114.8
117.6
109.0

108.7
106.6
118.3
113.6
102.3
107.6

108.7
109.4
120.0
111.2
109.9
107.7

106.0
108.4
118.9
116.2
109.7
104.6

108.9
113.1
119.4
114.1
100.8
107.6

108.7
115.0
115.6
112.9
100.5
109.6

106.1
109.3
108.3
108.9
109.5
108.3

105.0
106.0
108.7
109.2
100.9
108.1

103.8
106.5
110.3
109.2
106.6
105.9

107.0
109.0
111.7
109.7
106.9
109.6

107.9
112.4
115.2
110.6
99.5
109.0

111.5
114.2
125.3
117.0
100.7
110.8

29

40.1

98.9

106.1

108.4

113.4

111.2

112.7

99.6

103.3

99.5

107.4

108.8

114.7

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

30
301
306
307

33.1
3.6
3.1
24.9

114.2
108.4
113.0
113.4

111.8
103.1
107.2
111.6

115.5
111.6
110.4
114.6

116.1
106.9
111.9
117.0

115.1
108.2
113.7
115.0

116.8
110.7
113.2
115.7

104.2
98.2
105.0
103.3

112.7
101.9
110.8
112.9

115.7
107.1
110.6
115.7

115.8
106.4
111.7
116.1

115.8
109.0
112.9
115.3

120.1
115.6
117.8
119.1

Leather and products
Shoes

31
314

1.0
0.4

100.2
92.3

99.8
91.2

96.0
86.1

103.1
100.4

100.3
95.9

95.3
91.4

94.9
87.1

99.8
92.3

95.2
85.4

100.5
96.4

98.8
93.4

100.4
96.2

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

321
322
324
325
327

1.7
6.7
10.1
1.6
5.1

96.0
104.3
101.3
91.8
94.8
85.1

99.6
110.2
100.2
97.7
95.1
87,8

99.5
105.6
99.2
99.5
100.9
84.1

98.9
107.2
99.0
98.8
98.7
85.8

99.8
107.8
96.6
97.6
101.0
89.0

100.6
108.6
100.8
103.5
102.1
84.1

90.2
105.5
92.2
80.3
92.9
83.4

92.7
110.2
97.7
79.6
94.5
83.5

94.7
104.0
98.5
86.4
96.4
82.0

98.3
105.6
98.5
96.4
99.0
85.2

100.7
105.5
98.1
103.1
100.3
88.3

103.6
110.9
104.5
108.5
103.2
85.1

33 137.9
331
54.4
332
9.9
333
55.8
3334
51.2
336
2.7

108.3
111.1
95.1
91.8
107.4
100.7

107.0
109.7
97.1
92.9
109.8
97.6

108.6
106.5
100.4
96.9
106.8
98.2

109.7
111.3
100.7
90.5
108.2
100.7

107.1
104.8
99.9
90.9
108.1
98.4

109.8
110.0
102.7
38.6
109.9
97.7

107.8
109.9
89.2
93.8
108.5
94.8

107.5
111.2
100.2
90.8
103.9
101.1

111.1
112.2
103.9
97.0
108.6
100.8

110.5
113.7
103.3
89.8
108.2
99.2

110.4
110.2
102.4
94.0
110.6
97.8

109.7
110.4
106.7
90.8
108.0
99.2

Petroleum products

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

321 33.8 I

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

34
341
342
344
345
346

31.6
2.5
2.7
5.6
1.7
7.1

103.6
119.5
105.9
92.8
94.3
97.5

102.8
115.3
104.0
97.8
98.2
95.0

104.3
118.0
104.7
97.2
97.6
103.1

104.8
117.5
107.5
97.6
96.9
101.8

104.8
115.0
106.1
97.3
98.0
103.8

105.6
116.7
106.1
97.7
98.4
105.7

98.0
110.2
98.9
90.5
88.9
91.1

105.0
113.4
104.9
100.4
99.5
100.2

105.2
116.2
104.9
96.8
100.0
106.9

104.1
115.6
105.4
96.6
97.5
102.7

103.4
115.1
105.4
95.1
95.8
103.0

107.7
124.8
108.9
97.1
102.0
108.2

Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworklng
Special industry
General industrial
Office and computing machines
Service industry machines

35 33.4
351 I 2.5
352
1.6
353
4.2
354
4.2
355
2.5
356
4.8
357
6.1
358
3.3

103.2
108.9
107.0
85.1
112.2
106.6
102.9
94.0
124.4

104.8
110.9
111.2
87.8
113.9
101.9
101.8
101.0
118.6

105.1
104.4
107.6
88.9
113.4
103.9
104.0
100.1
121.3

104.8
108.3
109.7
88.3
114.0
106.1
103.7
95.9
120.8

106.6
111.2
112.5
91.3
117.1
106.3
105.3
96.9
124.9

105.5
97.7
108.0 105.0
109.3 104.6
88.0 I 80.7
112.9 107.0
104.6 101.3
103.9
96.0
90.3
95.2
119.4 113.7

104.4
109.6
116.5
87.0
114.3
104.6
102.5
95.5
116.7

103.4
105.0
113.0
86.1
113.4
104.9
103.1
96.9
118.8

101.5
103.0
109.4
83.4
110.9
102.5
102.3
91.4
117.4

105.0
105.4
110.8
88.9
112.2
102.6
103.9
96.3
123.7

107.9
112.6
110.4
90.6
116.2
107.6
107.0
98.8
125.4

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
0.6
3.1
12.8

105.1
83.0
111.1
90.1
102.5
109.7
83.6
117.9

103.8
84.6
101.6
86.8
108.8
100.5
85.0
114.2

104.2
85.1
108.3
86.2
108.7
100.5
84.5
114.4

105.9
86.8
108.9
90.5
108.1
109.5
84.1
116.0

106.6
82.9
107.1
88.6
109.8
102.0
84.6
120.5

104.4
83.2
105.8
88.7
108.5
96.2
83.0
114.7

98.8
79.5
105.0
86.1
99.3
103.6
78.1
108.0

100.0
84.1
101.4
88.3
111.6
98.6
79.5
108.5

102.1
85.5
109.0
87.5
110.0
95.7
79.6
111.3

102.4
82.6
108.0
88.4
109.6
102.6
80.5
111.5

105.0
80.8
106.9
89.1
107.5
99.3
81.8
118.4

108.5
87.7
109.5
94.3
112.5
100.4
85.5
119.5

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

37
371
372
373

38.3
21.9
10.1
2.1

97.0
86.2
109.3
110.7

96.7
88.8
106.6
113.4

98.8
92.2
103.4
108.9

98.8
91.6
105.5
101.7

98.5
92.1
103.8
112.4

97.2
91.1
101.8
108.6

89.8
80.2
100.6
112.5

96.1
88.8
102.7
120.9

98.4
93.4
101.0
111.0

96.4
90.1
101.4
105.6

98.7
93.1
101.6
109.3

101.7
95.8
105.3
111.3

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

115.2
105.5

114.7
103.4

113.4
102.7

117.9
109.7

114.2
100.4

110.8
94.5

107.3
100.5

108.9
97.3

109.8
102.6

111.6
101.6

110.3
98.5

114.7
98.5

39

4.6

113.3

115.5

112.3

113.2

112.7

110.6

107.6

115.0

111.8

110.0

109.0

113.5

832.5
765.4
85.3

107.0
108.0
117.7

106.9
107.8
129.2

107.4
108.2
124.6

108.1
108.7
126.9

108.0
108.5
130.8

107.7
108.9
129.4

103.6
104.2
123.8

104.9
105.4
124.3

106.1
107.0
126.8

106.9
107.6
125.5

107.8
108.7
127.5

110.4
111.5
126.3

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




17

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.36 percent during the 1972-88 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.27 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.

Explanatory Note
The Industrial Production and Capacity Utilization release reports measures of
output, capacity, and capacity utilization in the manufacturing, mining, and electric
and gas utilities industries. Survey data on electric power use in manufacturing and
mining also are included. Data shown the release are available on the day of issue
through the Department of Commerce's online Economic Bulletin Board
(202-377-3870). Historical data are available on magnetic tape from the National
Technical Information Service (703-487-4650).
Industrial Production

Rounding. In some cases, components may not add to totals because of
independent rounding. In addition, the published percent changes are calculated
from indexes with three digits of precision to the right of the decimal point, and may
not be the same as percent changes calculated from the rounded indexes shown in the
release.

Coverage. The industrial production index (IP) measures output in the
manufacturing, mining, and electric and gas utilities industries. The total IP index is
constructed from 250 individual series. These individual series are classified and
grouped two ways: 1) market groups (shown in table 1), such as consumer goods,
equipment, intermediate products, and materials, from which the seasonally
adjusted total index is derived; and 2) industry groups (shown in tables 2 and 6), such
as two-digit Standard Industrial Classification (SIC) industries and major
aggregates of these industries, for example, durable and nondurable manufacturing,
mining, and utilities. The 1977 SIC is the basis for industry classification of IP.

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 at a price of $9.00 per copy, write to Publication Services,
Mail Stop 138, Board of Governvors of the Federal Reserve System, Washington,
D.C. 20551. The 1990 revision to the index is described in Kenneth Armitage and
Dixon A. Tranum, "Industrial Production: 1989 Developments and Historical
Revision", Federal Reserve Bulletin, Vol. 76 (April 1990), pp. 187-204.

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 comprises final and
intermediate products, and final products are divided into consumer goods and
equipment.

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 74 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.

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.

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, 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.

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. Physical product data, such
as tons of steel or barrels of oil, are obtained from private trade associations, as well
as the government agencies listed above; data of this type are used to estimate
monthly IP where possible and appropriate. When suitable physical product data are
unavailable, estimates of output are based on either production-worker hours,
kilowatt hours, or a combination of the two. Hours of production workers are
collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The kilowatt hours data 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 (censuses,
annual surveys, and the like); 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. 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 die 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 mining,
manufacturing, and utilities as a whole, and for total manufacturing, utilization rates
as high as 90 percent have been exceeded only in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in Richard D. Raddock, "Revised Federal Reserve Rates of Capacity
Utilization," Federal Reserve Bulletin, Vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilizaton is described in Richard D.
Raddock, "Recent Developments in Industrial Capacity and Utilization," Federal
Reserve Bulletin, vol. 76 (June 1990), pp. 412-35.

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
ciironological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison-base year (currently 1987).
Each segment, which usually spans five years, is a Laspeyres quantity index
showing changes in quantities with prices (Census value added per unit of output)
held at base-year values for the segment. For the period from 1987 to the present, IP
is aggregated on the basis of 1987 value-added weights. The aggregation of the
index for the 1982-86 period is based on 1982 weights, while 1977 weights are used
for the 1977-81 period. The other weight years in the postwar period are 1972,
1967, 1963, 1958, 1954, and 1947. The 1987 value-added weights used to
aggregate the index are shown in the first column of tables 1, 2, and 6 under the
heading "Proportion in total I P - 1987". To the extent that a given industry grows
faster (slower) than the total index after 1987, its current proportion will rise (fall).
Proportions for the most recent complete year of data are shown in the second
column of tables 1, 2, and 6.

Electric Power
Electric power (kilowatt hour) data 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 die 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 except for the components in group 2819, which
are estimates. The supplementary group, 'Total, less nuclear nondefense," is shown
separately because the nondefense nuclear material series (part of SIC 2819)
accounts for a disproportionately large part of total electric power use. Because the
value-added proportion for this industry in total IP is considerably smaller than its
share of total electric power use, excluding this component from total power use
facilitates comparisons with total IP.

Seasonal adjustment. Individual series are seasonally adjusted by the X-11 Arima
Method, which was developed at Statistics Canada. The current seasonal factors are
based on data through 1988. Individual series and major aggregates are seasonally
adjusted independently. 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. In addition,
because the seasonal adjustment of aggregates is done separately, the seasonally
adjusted value of a given market or industry group may not be equal to! an
aggregation of its seasonally adjusted components.




Release Schedule fpr 1992
At 9:15 a.m. on January 17, February 14, March 17, April 15, May 15, June 16, July
15, August 14, September 16, October 16, November 16, and December 16.

18

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