Full text of G.17 Industrial Production and Capacity Utilization : August 14, 1997

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CJC' J L

FEDERAL RESERVE statistical release
For release at 9:15 a.m. (EDT)
August 14,1997

G.17 (419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production increased 0.2 percent in July after an increase of 0.3 percent in June. Growth was
slowed by a fall in the production of motor vehicles and parts and by smaller declines in a number of nondurable goods
manufacturing industries. Large increases occurred again in the production of commercial aircraft, computers, and
semiconductors. In addition, output at utilities surged 1.5 percent, as production moved further toward seasonal norms
after unseasonably cool weather in May. At 119.8 percent of its 1992 average, industrial production in July was
3.7 percent higher than it was in July 1996. The rate of industrial capacity utilization slipped to 83.1 percent; during the
past twelve months, the rate has ranged between 83.0 percent and 83.6 percent.
Market grpyp?
After an increase of 0.4 percent in June, the overall output of consumer goods slipped 0.2 percent in July;
the production of durable goods was unchanged, and that of nondurable goods fell 0.3 percent. The lack of growth in
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index. 1992=100
1997
1997
Industrial Production
Apr/
Mayr
Juner
JulyP
Apr/

Percent chanae
July 96 to
July 97

Mayr

Juner

JulyP

.4
.4

.0
.2

.3
.3

.2

3.7

Total index
Previous estimates

119.3
119.3

119.3
119.5

119.6
119.9

119.8

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

115.4
112.1
135.5
120.1
125.5

115.6
112.1
135.9
120.9
125.2

116.0
112.5
136.8
120.1
125.3

115.9
112.3
137.6 I
119.7
126.0

•2
.0
-9
-1.4
.8

.1
.0
.3
.6
-.3

.4
.4
.7
-.7
.1

-.1
-.2
.5
-.3
.6

3.2
1.4
7.4
1.8
4.6

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

120.9
132.3
108.7
106.0
113.6

121.0
132.7
108.5
107.9
110.8

121.3
133.4
108.5
107.6
111.3

121.4
133.8 I
108.3
107.2
113.0

.3
.5
•0
-1.3
3.3

.1
.3
-.2
1.8
-2.4

.3
.5
.0
-.3
.5

.1
.3
-.2
-.3
1.5

3.8
5.4
1.8
4.0
3.3

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




i

Percent ol capacity
Average • 1982- I 1988-89
1996
1997
1967-96
Low
High
July
Apr/

Mayr

Juner

JulyP

Capacity
growth
July 96 to
July 97

82.1

71.1

85.3

83.2

83.6
83.6

83.3
83.5

83.3
83.5

83.1

3.8

81.2
80.6
82.3
87.5
87.2

69.0
70.4
66.2
80.3
75.9

85.7
84.2
88.9
86.8
92.6

82.4
80.6
86.7
90.7 I
87.6

82.6
80.6
87.1
92.9
89.6

82.4
80.3
87.2
94.4
87.3

82.3
80.3
86.8
94.0
87.6

82.1
80.1
86.5
93.6
88.8

4.2
5.1
2.3
.8
1.8

durable consumer goods resulted from a drop of nearly 15 percent in the production of consumer light trucks, a category
that includes vans and sport utility vehicles. In contrast, production gains were widespread among other consumer
durables, including sizable increases in the production of appliances, home computers, and audio and video equipment.
The fall in the production of nondurable consumer goods resulted primarily from significant declines in the output of
clothing, chemical products, paper products, and fuels. Residential electricity sales rebounded further from their big drop
in May.
Continuing its strong expansion, the output of business equipment increased 0.5 percent, bringing the index
in My to a level 7.4 percent higher than that of the previous July. The growth in business equipment was led by solid
gains in the output of business vehicles other than light trucks, by further strong increases in information processing
equipment and in commercial aircraft, and by sharp gains in fami and service industry machinery. However, the output of
industrial equipment weakened again and has now fallen almost 1.4 percent from its recent peak in April. The output of
defense and space equipment fell 0.5 percent.
After a drop of 0.7 percent in June, the output of construction supplies fell another 0.3 percent in July; as a
result, the July index for this market group is more than 1.7 percent below its peak in March. The production of
materials, however, rose 0.6 percent, led by a large increase in the output of energy materials; coal mining and electricity
generation provided much of the boost. The output of durable goods advanced 0.4 percent; gains in the production of
equipment parts, particularly semiconductors, more than offset decreases in the production of parts for consumer
durables, mainly for motor vehicles. Pushed by increases in chemical and paper materials, the output of nondurable
goods materials increased 0.4 percent.
Industry Groups
Manufacturing output increased 0.1 percent in July after a 0.3 percent increase in June; excluding motor
vehicles and parts, however, production rose 0.2 percent for the third consecutive month. Continuing the pattern of the
past several months, the gains in manufacturing output were concentrated in durable goods. Gains were widespread, with
only the lumber, primary metals, and motor vehicles and parts industries declining appreciably; increases were especially
strong in computers and electrical machinery. The output of nondurable goods declined. Only two nondurables
industries, tobacco and paper, saw output gains, while apparel, printing and publishing, petroleum products, and leather
had sizable declines.
Mining output decreased 0.3 percent, as a large gain in coal mining was more than offset by substantial
drops in other mining industries, especially the drilling of oil and gas wells.
The factory operating rate fell 0.2 percentage point, to 82.1 percent—its lowest level since October 1996.
The utilization rate for advanced-processing industries decreased 0.2 percentage point, to 80.1 percent—a level just
slightly higher than the rate attained last October. The rate for primary-processing industries decreased 0.3 percentage
point, to 86.5 percent—its lowest level since January 1997. The operating rate at mines decreased 0.4 percentage point,
to 93.6 percent, while the rate at utilities increased 1.2 percentage point, to 88.8 percent.




Industrial Production and Capacity Utilization
(July data, seasonally adjusted)
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

Manufacturing

oV

-10

-10

L_

J

10
5
0
-5
-10
1992

1994

1996

1992

1994

1996

Manufacturing

Total industry

Ratio scale, 1992 production = 100

Ratio scale. 1992 production = 100

Percent of capacity

Percent of capacity

JL

90
85

Utilization

80 " J^SymS*\J*
75 7
70
65

i — i

«

1985



»

Ah

JW

^ " ^ * W ^

\l*^f * f *

•

«

»

«

1990

i

t

J 90
Utilizatron

j.

jJr^S^

JV

i

i

t

i

1

85

1 80

W***

75

HVI

H

Jp

J 70

1

J

1995

1

L .-J

1985
3

l

1

J

L

1990

l

i

1

1

1

1995

1

1

65

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
1996
IP
1
» _ _ „ Proportion

"

~

•—"nHo^xTT^^TO

z Feb.
TIT^

Mar.

z

^

100.00

118.4

118.8

119.3

119.3

119.6

119.8

59.92
45.14

114.8
115.6

115.3
116.3

115.4
116.6

115.6
116.7

116.0
117.4

Consumer goods
Durable
Automot ve products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durable goods
Appliances and electronics
Appliances and air cond.
Home electronics
Carpeting and furniture
Miscellaneous
Nondurable
Nonenergy
Foods and tobacco
Clothing
Chemical products
Paper products
Energy products
FueFs
Utilities

28.15
5.89
2.40
1.38
.67
.71
1.02
3.48
1.19
.55
.65
.78
1.51
22.26
18.77
9.72
1.89
4.40
2.76
3.49
1.06
2.43

111.6
129.2
131.0
138.9
122.3
165,0
118.1
127.8
179.5
130.0
240.2
106.9
109.2
107.2
107.2
108.0
93.8
116.2
101.5
107.6
106.2
108.0

112.1
131.0
131.7
138.9
123.3
163.8
119.7
130.4
183.6
137.5
238.9
111.6
109.9
107.4
107.5
108.7
94.2
114.9
102.3
107.5
108.5
106.8

112.1
126.9
124.4
127.1
116.0
146.1
118.0
128.6
179.0
128.3
241.4
108.6
110.0
108.3
107.6
107.8
94,4
117.2
102.6
113.0
110.1
114.1

112.1
128.4
126.3
130.0
117.7
150.5
118.8
129.7
180.9
126.1
249.3
111.7
109.6
108.0
107.5
107.6
94.9
116.3
103.4
111.4
111.9
110.9

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

17.00
13.81
5.68
1.55
4.49
2.30
1.13
1.33
2.31
.64
.23

122.6
133.8
152.4
343.0
128.2
111.8
118.7
124.4
75.4
140.7
163.5

123.5
134.3
153.6
349.9
127.5
113.1
118.3
125.1
75.6
153.4
160.9

124.3
135.5
155.1
358.6
130.3
110.1
110.0
128.8
75.2
152.5
168.0

14.78
5.72
9.06

112,0
120.0
107.3

112.1
121.8
106.5

40.08

124.1

23.04
4.34
8.63
10.08
3.33
8.92
.96
1.61
4.39
1.96
8.12
5.22
2.90

—

^L^^JZJ^
T Feb. W

^

^.^^MJIIL*

Apr/

Mavr _jiuneL -Jyl£-

118.5

118.5

118.4

117.9

121.6

118.4

115.9
117.2

114.1
116.1

114.0
115.6

113.6
115.1

113.4
114.6

118.1
119.1

115.5
115.6

112.5
130.6
128.2
132.6
114.9
159.5
119.6
132.1
187.9
134.5
253.9
114.2
109.7
108.0
107.4
107.0
93.8
116.9
104.5
112.1
113.2
111.4

112.3
130.6
123.7
123.6
118.0
136.1
120.3
135.2
197.9
145.5
260.9
114.8
110.9
107.7
106.9
107.1
93.2
115.9
103.4
112.6
110.9
113.1

112.1
133.6
140.0
155.9
135.3
180.1
117.6
129.1
183.6
142.4
231.4
109.0
108.5
106.8
102.8
103.0
91.0
109.2
101.7
129.9
101.4
143.2

111.2
133.5
136.1
146.9
127.2
170.0
119.8
131.5
186.0
145.1
233.0
111.5
110.9
105.8
103.5
103.4
92.3
109.3
103.1
119.6
103.8
126.9

109.9
133.5
137.4
148.5
132.7
167.1
120.6
130.6
181.4
140.7
228.6
112.6
110.9
104.2
104.5
104.8
93.0
109.8
104.2
102.3
108.0
99.6

108.9
130.4
133.2
143.7
128.8
161.2
117.3
128.4
179.5
127.9
242.8
107.4
109.9
103.7
105.6
105.4
95.9
112.7
103.1
92.7
112.6
83.3

113.9
134.4
134.9
143.5
122.8
167.8
121.0
133.9
193.6
138.7
261.0
116.3
109.4
108.8
111.1
111.0
98.6
122.6
103.7
96.2
114.9
87.4

111.1
117.1
101.5
83.4
79.0
88.7
118.0
127.9
187.7
127.3
264.6
110.9
103.2
109.2
109.6
108.2
92.6
126.6
102.4
106.7
111.8
104.4

124.8
135.9
156.2
365.5
129.3
112.1
111.7
128.3
75.6
154.2
166.4

125.8
136.8
158.4
374.6
128.7
113.2
111.4
128 J
76.4
161,4
163.1

125.8
137.6
159.6
384.3
128.5
114.0
110.1
130.3
76.0
149.6
161.6

122.9
134.6
148.9
331.5
129.1
118.7
132.9
127 J
75.6
133.4
155.9

123.2
134.4
150.5
339.7
128.6
116.7
123.4
126.5
75.9
140.4
163.0

124.0
135.5
151.2
341.7
128.6
119.5
128.5
128.8
75.5
140.8
176.2

124.4
136.1
153.6
358.5
128.7
118.2
123.0
128.2
75.1
143.6
170.2

128.2
140.5
161.6
389.2
131.9
118.6
120.4
131.6
75.9
150.4
176.5

123.3
134.7
165.1
409.3
126.3
99.9
78.9
121.4
74.7
148,8
146.5

112.0
120.1
107.2

112.1
120.9
107.0

111.9
120.1
107.1

111.8
119.7
107.2

108.3
112.7
105.6

109.1
116.7
104.6

109.2
119.7
103.0

109,7
121.8
102.7

114.8
126.4
108.1

115.1
122.5
110.8

124.5

125.5

125.2

125.3

126.0

125.5

125.7

125.9

125.0

127.3

122.9

139.2
129.7
172,6
119.8
116.4
110.5
107.7
113.2
111.2
107.5
104.0
102.8
106.2

140.2
129.8
175.6
120.0
116.4
110.6
104.9
113.8
111.2
108.4
103.5
102.3
105.9

141.7
130.5
178.1
121.0
116 J
111.3
109.5
114.4
111.7
107.8
103.8
101.7
107.6

141.8
127.3
180.5
121.1
118.6
109.9
105.4
114.7
109.9
107.3
103.5
102.0
106.4

142.2
126.1
182.3
121.2
118.6
110.0
106.7
110.8
110.1
109.8
102.9
100.7
107.0

142.8
125.7
184.9
120.9
117 J
110.4
106.0
112.4
110.3
110.3
104.5
102.7
108.0

140.3
135.8
172.9
119.4
118.7
111.3
109.0
115.2
112.2
106.1
106.8
105.9
108.4

142.0
138.4
176.1
119.8
118.6
110.8
107.0
113.9
111.8
107.1
104.4
103.5
106.1

142.5
136.7
177.1
121.0
119.2
113.9
113.5
115.2
114.6
110.5
100.9
100.1
102.6

142.5
133.3
178.9
121.0
119.0
110.0
110.0
113.6
110.5
105.3
101.1
100.9
101.6

145.3
134.1
183.6
123.4
119.1
111.5
108.9
112.6
111.3
111.4
103.4
102.0
106.0

137.2
104.3
182.5
119.7
114.0
108.3
97.6
110.5
109.6
108.0
105.7
102.2
112.0

97.48
95.20
97.55
93.68

118.0
117.8
115.6
111.8

118.5
118.3
116.0
112,1

119.3
119.0
116.4
112.4

119.2
119.0
116.3
112.3

119.5
119.3
116.6
112.4

119.8
119.7
116.7
112.4

117.8
117.4
115,9
112.1

118.0
117.5
115.8
111.8

117.8
117.3
115.6
111.6

117.4
117.0
114.9
110.9

121.3
120.9
118.4
114.3

119.2
119.7
115.0
110.8

26.76
24.65

110.1
112.1

110.7
112.7

111.1
111.9

111.0
112.1

111.3
112.5

111.4
112.2

109.9
109.5

109.4
110.0

107.9
110.8

107.1
111.1

112.3
116.3

111.8
111.6

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.67
12.26

135.3
120.5

135.9
120.7

138.0
121.5

138.4
121.6

139.4
122.1

140.3
122.4

134 J
121.9

135.5
121.3

136.2
122.4

137.4
122.1

142.5
125.1

140.3
118.4

Materials excluding:
Energy

31.96

130.3

131.0

132.2

131.8

132.1

132.6

131.2

132.3

133.6

132.3

134.7

128.2

Hem
Total index
Products, total
Final products

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

Apr/ *^MML» June*"

JulvP

SPECIAL AGGREGATES
Total excluding:
Autos and trucks
Motor vehicles and parts
Computers
Computers and semiconductors
Consumer goods excluding:
Autos and trucks
Energy

j
;

1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change
1995Q4
to
1996Q4

Seasonally adjusted
annual rate

Seasonally adiustec

m&
Q3

Q4

3.9

3.3

4.5

4.4

3.8
4.1

3.1
2.8

4.8
4.8

3.6
3.9

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

2.5
2.4
.9
.5
-3.8
7.3
1.3
3.4
10.5
1.5
18.6
.3
-.7
2.5
2.5
2.3
-2.7
5.3
2.8
2.5
3.3
2.2

.8
2.6
5.9
11.4
12.7
13.1
-1.4
.3
7.1
6.2
8.5
-8.5
-.7
.3
2.8
.8
-2.3
7.8
5.7
-12.4
-.2
-17.3

5.6
-5.0
-11.7
-20.9
-40.4
3.9
3.3
-.1
2.5
-14.7
19.0
-.1
-2.1
8.6
7.9
6.1
-.7
17.9
5.0
12.7
2.7
17.5

-.4
8.2
17.8
23.6
16.9
29.7
10.1
1.9
-.1
6.4
-5.1
-4.9
7.3
-2.6
-.4
2.9
-4.6
-2.8
-4.9
-13.8
-2.7
-18.3

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

6.8
8.0
10.8
38.9
-.2
21.5
-1.9
3.6
-1.2
14.0
.4

6.0
8.1
9.5
44.4
-.1
22.2
8.9
6.4
1.8
-16.1
-2.0

3.4
5.6
7.5
22.1
1.1
6.2
-25.6
12.3
-6.9
2.5
-18.5

11.3
11.6
12.0
26.8
2.6
26.6
19.1
15.2
-6.1
84.7
8.3

3.0
5.7
1.3

4.1
9.3
.8

4.8
-.4
8.2

2.8
3.0
2.7

.3
2.5
-1.1

4.0

3.6

4.1

5.6

5.5
.8
11.2
2.8
2.6
2.8
1.1
2.5
4.5
.1
1.0
-.1
2.8

6.2
2.2
10.6
4.2
5.2
4.2
8.2
7.3
6.4
-4.2
-4.1
-4.9
-2.8

3.9
-6.5
10.9
2.7
7.2
6.3
-1.8
9.1
10.7
-1.4
2.0
-1.1
7.9

Total excluding:
Autos and trucks
Motor vehicles and parts
Computers
Computers and semiconductors

4.0
4.2
3.1
2.6

3.1
3.3
2.4
1.9

Consumer goods excluding:
Autos and trucks
Energy

2.6
2.5

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

Item
Total index
Products, total
Final products

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

ilrQ1

r

Juner

JulyP

July 96
to
July 97

-.4

3.2

-2.7

3.7

-.2
-.4

4.1
4.0

-2.2
-3.0

3.2
3.4

-1.2
-.9
-.2
.0
.0
-2.3
-3.5
-3.0
9
-6.8
1.1
-3.2
2.7
4.3
-2.9
-14.7
-1.7
-3.6
.6
•7
-2.8
2.4 I -.7 -1.7
5.3 ; -2.5
-1.0
8.2 I -3.1 -9.1
2.8
-1.9
6.2
.5
1.0
-4.6
1.1
.0
-.8
-.3
-1.6
-.5
-.4
1.0
1.1
.0
1.3
.6
-.7
.8
3.1
-.9
.5
2.6
-1.1
1.0
-1.0
.4 -14.4
-9.4
-2.0
4.1
4.3
1.5 -21.5 -16.4

4.6
3.0
1.3
-.1
-4.7
4.1
3.2
4.3
7.9
8.4
7.5
8.2
-.4
5.0
5.2
5.3
2.9
8.8
.6
3.8
2.0
4.9

-2.4
-12.8
-24.7
-41.9
-35.7
-47.1
-2.5
-4.5
-3.1
-8.2
1.4
-4.6
-5.7
.4
-1.3
-2.5
-6.1
3.3
-1.3
11.0
-2.6
19.4

1.4
.6
-6.3
-15.2
-14.4
-15.6
7.0
5.7
9.2
5.9
11.8
7.2
2.2
1.6
1.4
1.2
-2.3
3.0
2.0
3.2
4.0
2.9

.3
.4
1.6
4.9
.0
-1.1
-4.3
-.5
-.5
1.9
-3.4

3.0
3.2
5.2
8.5
2.5
.4
-2.1
2.7
1.0
4.8
3.7

-3.8
-4.1
2.2
5.2
-4.2
-15.8
-34.5
-7.8
-1.6
-1.1
-17.0

6.5
7A
10.8
27.4
1.0
9.5
-13.0
10.4
-2.2
22.6
-.9

.1
2.6
-1.5

.5
1.8
-.3

4.7
3.7
5.3

.3
-3.1
2.5

2.7
1.8
3.2

.2

-.8

1.9

-3.5

4.6

.4
-.3
1.4
-.2
-.8
.4
-.6
1.5
.2
.4
1.6
2.0
.9 |

.4
-1.2
.5
.9
.5
2.8
6.1
1.1
2.5
3.1
-3.3
-3.3
-3.3

.0
-2.5
1.0
.1
-.2
-3.4
-3.1
-1.4
-3.7
-4.7
.2
.8
-1.0

2.0
.6
2.6
1.9
.1
1.3
-1.1
-.9
.8
5.8
2.2
1.1
4.3

-5.5
-22.2!
-.6
-2.9
-4.3
-2.8
-10.3
-1.8
-1.5
-3.1
2.2
.2
5.7;

6.1
-4.1
15.9
2.3
4.2
2.7
-3.5
3.1
4.0
3.0
2.1
1.1
3.9

.2
.2
.2
.1

.3
.3
.1
.0

-.2
-.2
-.2
-.2

-.3
-.2
-.6
-.7

3.3
3.3
3.0
3.0

-1.8
-1.0
-2.9
-3.0

4.3
4.4
3.1
2.2

-.1
.2

.3
.4

-.31

• 1 I -1.4

.8

-.7
.2

4.8
4.6

-.4
-4.0

2.4
1.2

1.6
.6

.2
.1

.7
.4

.6 1
.2

.5
.8

.8
-.2

3.7
2.5

-1.5
-5.3

9.4
4.8

.9

-.3

.2

.4

1.0

-1.0

1.8

-4.8

5.2

1897

r

Nets

APT/

Mavr

June

3.7

.4

.0

.3

3.4 '
4.4

.2
.2

.1
.1

.4
.6

.0
1.5
-1.7
-3.1
-13.0
-5.5
-23.4
-8.5
-17.3 I -5.9
-28.4 i -10.8
3.5
-1.4
7.0
-1.4
10.5
-2.5
-2.9
-6.7
22.3
1.0
13.0
-2.6
1.4
•2
2.3
.8
.3
•1
-2.5
-•9
1.6
•2
1.7
2.0
7.5
•2
14.3
5.1
20.8
1.5
11.4
6.8

.0
1.1
1.6
2.3
1.4
3.0
.7
.8
1.1
-1.7
3.3
2.8
-.4
-.3
-.1
-.2
.6
-.8
.8
-1.4
1.6
-2.8

.4
1.7
1.4
2.0
-2.4
6.0
.7
1.9
3.9
6.6
1.8
2.3
.1
.0
-.1
-.5
-1.2
.5
1.1
.7
1.2
.4

.7
9.1
8.3
.9
12.9
1.0
30.2
2.5
4.9 i 2.2
.7 ! -2.7
-21.8
-7.0
14.6 I 2.9
2.8
-.5
47.2
-.6
14.7
4.4

.4
.3
.7
1.9
-.8
1.8
1.6
-.4
.4
1.1
-1.0

.9
.7
1.4
2.5
-.5
1.0
-.3
.3
1.1
4.7
-1.9

.0
.5
.7
2.6
-.1
.7
-1.1
1.3
-.5
-7.3
-1.0

.7
.8
.5
.6
.0
2.4
4.1
1.8
-.6
.3
8.1

-.1
-1.4
.7

.1
.6
-.2

-.2
-.7
.1

-.1
-.3
.1

4.3

.8

-.3

.1

.6

7.6
5.2
18.0
.1
.5
6.2
-4.1
8.9
7.9
5.4
-.6
.6
-2.8

7.8
-7.6
19.2
4.8
7.4
.5
2.6
1.7
-2.1
4.8
-1.4
-2.8
1.3

1.0
.5
1.4
.9
.2
.6
4.4
.5
.4
-.6
.3
-.5
1.7

.1
-2.5
1.4
.1
1.6
-1.2
-3.8
.3
-1.6
-.5
-.3
.3
-1.2

.3
-.9
1.0
.1
.0
.1
1.2
-3.4
.1
2.3
-.6
-1.2
.6

5.3
5.6
4.0
3.5

4.0
4.0
3.9
2.7

4.5
4.8
3.0
1.9

.6
.6
.3
.3

-.1
.0
-.1
-.2

.2
2.8

7.2
4.6

-1.5
1.6

3.0
-.2

.4
-.7

8.9
4.4

8.0
3.9

9.1
3.6

11.0
9.6

11.4
5.4

4.7

5.6

4.6

7.2

5.7

Q2

JulvP

19§7

y adjusted

AD>>

Mavr

.2

-.1

-.1
-.1

-.4
-.5

SPECIAL AQQBEQATE3

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



5

Tafele 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
_
1996
U—.
l^SST^^
IP 1
Mavr
SIC IProDortion
-™MiL. Aor/
Feb.
118.4 118.8 119.3 119.3
100.00

Item
Total Index

|ndBX>iflflg,iflft i _
NQtseasonaliy^giugted
1997

nras?

Juner
119.6

119.8

118.5

121.4

119.0

JulvP

Apr/

MaYr

118.5

118.4

117.9

121.6

118.4

119.6

120.7

119.7

.JM3IL

Juner

_*M£-

86.34

120.1

120.6

120.9

121.0

121.3

120.6

124.4

Primary processing
Advanced processing

27.72
58.62

114.8
122.6

115.6
123.0

115.6
123.5

115.9
123.5

115.6
124.1

115.4
124.3

114.2
121.4

114.8
122.0

116.5
122.7

115.8
122.9

118.0
127.5

113.7
122.6

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

46.79
2.06
1.30
2.12

! 130.8
112.0
110.3
112.5

131.7
113.3
111.0
113.5

132.3
113.6
112.7
113.8

132.7
114.1
114.0
113.1

133.4
113.5
114.1
113.8

133.8
112.9
114.7
114.0

131.7
109.6
110.7
107.5

132.7
111.4
109.7
110.2

133.4
114.0
110.3
113.7

133.2
112.7
110.7
114.3

136.6
117.1
115.0
117.8

128.9
111.1
113.7
114.9

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Industrial machinery
and equipment
35
Computer and office equip
357
Electncal machinery
36
Semiconductors
3672-9

3.52
1.88
.09
1.64
5.28

120.0
118.2
112.3
122.1
119.5

121.3
118.7
114J2
124.2
120.4

120.2
119.3
115.5
121.3
120.8

123.6
123.6
115.8
123.5
121.0

123.0
120.5
115.1
125.8
120.1

121.9
120.3
114.1
123.8
120.0

123.7
122.5
116.8
125.1
117.8

123.3
121.0
117.3
126.0
119.6

124.6
124.9
119.1
124.2
118.3

124.4
124.1
115.7
124.7
119.8

123.5
121.6
115.1
125.7
122.2

116.4
116.0
109.4
116.9
119.0

9.51
2.45
8.58
3.87

166.6 167.4
347.8 354.7
172.5 175.2
294.1 302.7

171,3
363.8
176.7
308.1

170.5
370.7
178.1
312.8

171.3
379.9
180.6
318.2

173.2 i 167.5 169.1
389.7 336.1 344.4
183.9 172.3 175.0
326.8 I 294.6 304.9

170.2
346.6
175.5
307.0

170.3
363.7
176.4
310.8

177.1
394.7
182.0
320.1

172.5
415.0
180.5
320.6

372-6,9
38
39

8.41
4.80
2.29
3.62
4.72
1.29

111.5
129.6
129.4
93.5
104.6
117.1

111.9
128.9
129.5
94.8
104.7
116.3

110.6
125.3
119,1
95.5
104.4
116.9

110.2
123.7
121.6
96.4
105.2
117.0

111.2
124.7
123.1
97.3
105.8
117.7

110.1
121.4
117.0
98.2
105.9
118.2

117.6
142.1
145.4
93.7
103.2
114.8

117.1
138.9
136.9
95.7
103.4
115.7

118.2
140.2
139.2
96.5
103.1
116.0

115.8
134.8
134.8
96.9
103.6
116.3

116.7
135.4
133.5
98.0
107.3
118.0

92.9
86.8
79.2
96.5
107.2
113.0

20
21
22
23
26

39.55
9.37
1.16
1.57
1.80
3.29

108.6
108.4
105.7
106.9
95.8
111.1

108.7
109.2
106.9
108.2
96.3
112.1

108.7
108.3
105.5
108.6
96.1
112.2

108.5
108.1
104.2
107.5
96.5
112.8

108.5
107.9
102.8
108.4
96.3
110.9

108.3
107.8
104.1
108.0
95.4
111.6

105.6
102.7
109.3
105.5
93.9
112.9

105.9
103.7
105.8
107.1
95.5
111.8

107.4
104.6
108.6
113.3
94.5
114.4

107.2
105.9
100.3
110.8
96.4
110.8

111.5
110.1
114.5
114.9
98.4
112.4

109.7
110.0
89.2
104.0
93.3
109.6

27
28
29
30
31

6.44
10.17
1.75
3.78
.20

100.6
112.8
108.6
123.1
77.6

99.7
112.0
108.1
124.0
78.4

99.6
113.3
110.7
122.3
78.8

99.8
112.0
112.0
123.3
76.9

100.1
112.4
113.0
123.9
76.4

99.6
112.1
111.4
123.8
74.9

96.7
110.1
100.4
123.3
75.7

96.8
109.9
101.9
123.9
78.0

97.4
111.7
107.6
122.8
78.5

97.2
111.1
113.5
123.1
76.9

101.9
115.8
117.9
126.2
78.5

104.0
116.3
116.4
120.1
71.0

10
12
13
14

5.59
.42
.87
3.71
.60

106.3
105.7
109.6
103.1
125.0

107.5
104.8
105.2
105.4
128.8

106.0
103.5
104.1
104.5
122.3

107.9
104.4
115.6
104.4
124.5

107.6
105.7
107.3
105.3
126.9

107.2
104.6
113.8
103.7
124.5

103.4
103.8
114.0
103.0
89.3

105.1
104.8
112.2
103.7
104.3

105.0
102.7
103.9
103.3
121.2

107.2
105.0
109.6
102.8
136.8

108.1
108.8
106.8
103.4
144.7

106.6
105.7
104.1
102.4
142.2

8.07
6.26
1.81

110.2
110.9
| 107.6

109.9
110.3
108.7

113.6
113.6
113.2

110.8
110.5
111.9

111.3
111.2
111.7

113.0 125.0
113.4 111.5
111.71 171.6

117.2
106.3
155.2

104.1
101.5
112.6

98.0
102.6
81.8

103.5
114.8
63.9

113.6
128.1
62.7

81.54
83.89
80.02

119.5
116.9
112.5

120.0
117.3
112.7

120.6
117.5
112.8

120.8
117.5
112.8

121.1
117.8
112.9

121.31 117.7
117.8! 115.9
112.7 111.5

118.5
116.5
111.8

119.6
117.5
112.9

119.7
117.2
112.5

123.7
120.7
115.8

121.3
115.8
110.9

12.4
6.1
6.3
6.0
0.3

12.3
6.1
6.2
5.9
0.3

11.3
5.7
5.6
5.3
0.3

11.5
5.8
5.7
5.4
0.3

11.7
5.7
6.0
5.8
0.3

12.4
6.1
6.2
6.0
0.3

13.1
6.7
6.5
6.1
0.3

12.7
6.5
6.2
5.9
0.3

12.0
5.9
6.1
5.9
0.3

7.8
4.1
3.7
3.4
0.3

llanijfacturSrtg

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

37
371

nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Hilling
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

491,3ptl
492,3pt

^EEOIAL AQQBEQATES
Hartufaetyrlng excluding:
Motor vehicles and parts
Computer and office equipment
Computers and semiconductors
Memo: Motor vehicle assemblies 2
Total
Autos
Trucks
Light
Heavy and medium

11.0
5.8
5.2
4.9
0.3

12.5
6.2
6.3
6.0
0.3

1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
2. MiSHons of units at an annual rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments,
and miscellaneous manufactures.




6

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

SIC

Item

Seasonally adjusted
annual rate
i
Seasonaltvadiusted
I
Not seasonally adjusted
[ 1997
1§§6
1997
1997
r
Q3 „&3L._ S L - -Q2L Apr/ JWavL June MxL* Apr T r , M a v f J u n @ r
M^

1995Q4
to
1996Q4

.4

3.3

4.5

4.4

3.7

4.1

5.0

4.3

5.3

3.7

.3

2.9
4.8

5.4
4.8

2.3
5.2

3.0
6,4

3.5
3.7

.0
A

5.7
2.7
2.5
1.9

6.0
-1.9
-2.7
11.8

2.8
-1.3
7.1
-5.0

8.2
4.2
-.5
4.9

6.7
9.2
12.3
2.3 !

.5

33
Primary metals
331.2
Iron and steel
Raw steel
333-6.9
Nonferrous
34
Fabricated metal products
Industrial machinery
35
and equipment
357
Computer and office equip.
Electrical machinery
36
3672-9
Semiconductors

3.7
2.4
-1.7
5.2
2.7

7.4
7.4
-.4
7.6
3.1

4.1
2.6
-7.9
6.0
.1

11.6
43.0
5.6
15.3

.3

.2

-.1

-.4

3.2

-2.7

3.7

.1

.3

.1

.9

-.1

3.2

-3.8 |

3.8

.2
.0

-.2
.5

-.2
.2

1.5
.6

-.6
.1

1.8
3.8

-3.6
-3.9

2.1
4.5

1.5
.2

.3
.4
1.2
-.7

.5
-.5
.0
.6

.3
-.6
.5
.2

.5
2.3
.6
3,1

-.1
-1.1
.4
.6

2.5
3.9
3.9
3.1

-5.6
-5.1
-1.2
-2.4

5.4
3.2
6.0
-.1

-.3
-1.1
6.8
.7
1.4

8.8 |
-.9
10.0
.5
10.0
1.1
7.5
-2.4
3.1
.4

2.8
3.6
.2
1.9
.1

-.5
-2.5
-.6
1.9
-.7

-.9
1.0
-.2
3.2
-.9
1.6
-1.6
-1.4
-.1 I - 1 . 1

-.2
-.6
-2.8
.4
1.3

-J
-2.1
-.5
.8
2.1

6.8
22.1
6.7
17.8

12.3
25.9
12.3
33.4

12.0
30.4
15.6
29.3

2.4
2.6
.8
1.8

-.5
1.9
.8
1.5

.5
2.5
1.4
1.7

1.1
2.6
1.8
2.7

•7
•7
.3
.7

.0
4.9
.5
1.2

4.0
8.5
3.2
3.0

-2.6
5.2
-.8
.1

3.4
2.0
•7
5.0
.8
9.8
27.1
12.3
26.5

37
371

6.5
-1.6
-.4
18.9
2.7
3.2

7.6
2.7
11.7
14.9
.3
1.9

-2.2
-15.2
-24.8
18.1
2.9
5.9

14.2
14.1
22.4
14.3
2.7
7.0

-4.0
-16.1
-22.4
13.2
3.6
2.2

-1.2
-2.8
-8.0
.8
-.3
.5

-.3
-1.3
2.1
.9
.8
.1

.9
.8
1.2
1.0
.6
.6

-1.0
-2.7
-5.0
.9
.0
.4

.9
1.0
1.7
.8
-.2
.2

-2.0
-3.9
-3.2
.5
.4
.3

.8
.5
-.9
1.1
3.6
1.5

-20.4
-35.9
-40.7
-1.5
.0
-4.2

.5
-9.4
-14.8
14.5
3.4
4.6

20
21
22 I
23
26

2.3
2.1
2.6
.5
-2.8
1.7

3.7
.9
-4.5
5.4
-2.9
4.2

6.0
6.0
9.1
-1.8
-3.6
2.8

2.0
3.6
-1.5
-.9
-5.4
5.2

.0
-1.9
-5.8
3.9
.9
2.8

.0
-.8
-1.3
.4
-.2
.0

-.2
-.2
-1.2
-1.1
.4
.6

.0
-.2
-1.3
.8
-.2
-1.7

-.2
-.1
1.2
-.4
-1.0
.7

1.4
,9
2.6
5.7
-1.0
2.3

-.1
1.3
-7.6
-2.1
2.0
-3.2

4.0
4.0
14.1
3,7
2.1
1.5

-1.6
1.8
-.1
1.2
-22.1 ! 1.6
-9.5 I
-.7
-5.1
-3.0
-2.5
1.3

27
28
29 i
30
31

.4
5.0
3.5
2.5
-4.7

3.8
6.9
2.4
7.8
-6.2

6.9
12.3
3.9
.3
-5.1

1.6
1.8
1.4
2.7
-2.6

-1.6
-1.0
15.1
1.5
-3.4

.0
1.1
2.4
-1.4
.6

.1
-1.1
1.2
.8
-2.4

.3
.3
.9
.5
-.7

-.5
-.3
-1.5
-.1
-2.0

.7
1.7
5.6
-.9
.7

-.2
-.5
5.5
.2
-2.0

4.9
4.2
3.9
2.5
2.1

2.1
2.0
.5 1 2.8
5.7
-1.3
2.6
-4.8
-6.5
-9.6

10
12
13
14

3.4
1.7
4.1
3.0
6.9

.8
14.5
-4.6
-.5
7.5

.5
2.7
9.6
-2.1
2.6

7.8
2.4
-5.6
11.7
9.0

5.4
-3.3
7.5
6.4!
2.9

-1.3
-1.2
-1.0
-.8
-5.0

1.8
.8
11.1
-.2
1.9

-.3
1.2
-7.2
.9
1.9

-.3
-1.0 |
6.1
-1.5
-1.9

-.1
-2.0
-7.4
-.4
16.2

2.0
2.2
5.5
-.5
12.9

.9
3.6
-2.6
.5
5.8

-1.4
-2.8
-2.5
-.9
-1.7

4.0
1.5
10.8
2.8
3.2

491,3pt
492,3pt

1.4
.9
3.1

-12.0
-10.8
-16.1

9.5
5.9
23.1

-7.1
-3.4
-19.0

3.5
1.2
12.3

3.3
3.0
4.2

-2.4
-2.8
-1.1

.5
.6
-.2

1.51 -11.2
1.9
-4.4
.0 -27.5

-5.8
1.0
-27.3

5.6
11.8
-21.9

9.8
11.6
-1.9

3.3
3.0
4.3

4.5
3.3
2.7

5.1
4.0
3.4

5.6
3.8
3.1

4.8
4.7
3.4

.4
.2
.1

.2
.0
-.1

.2
.2
.1

.9
.9
.9

.1
-.3
-.4

3.3
3.0
3.0

-1.9
-4.1
-4.3

4.6
3.1
2.0

Total index

3.9

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

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

24
25
32

372-6.9
38
39

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

.0

July 96
to
LMLSL

10.0
37.4
7.1
16.0

|

i

-5.7 I
-4.6
-5.0
-7.0
-2.6

SPECIAL AQQREQATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Computers and semiconductors

|

4.9
2.8!
1.5 |

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




7

•2
.0
-.1

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

rresr1996

1996
Proportion

SIC

Ave.

1973
High

'WET
1980
High

1982
Low

"T35£~T5m
1989
High

1991
Low

I^JuiL,

1996

1997
Feb.

Mar.

Aor.r

Mavr

Juner

JulvP

Total Industry

100.00

82.1

89.2

87.3

71.1

85.3

78.1

83.2

83.5

83.6

83.6

83.3

83.3

83.1

Hanufaeturfrtg

87.43

81.2

88.5

86.9

69.0

85.7

76.6

82.4

82.6

82.7

82.6

82.4

82.3

82.1

26.61
60.81

82.3
80.6

91.2
87.2

88.1
86.7

66.2
70.4

88.9
84.2

77.8
76.1

86.7
80.6

86.9
80.7

87.3
80.7

87.1
80.6

87.2
80.3

86.8
80.3

86.5
80.1

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

47.70
1.97
1.32
2.20

79.5
I 82.7
81.7

I 78.0

89.2
88.7
96.8
88.8

87.7
87.9
85.5
88.0

63.9
60.8
68.9
64.3

84.5
93.6
86.6
83.6

73.2
75.5
72.5
69.7

82.6 I 82.1
84.9 ! 85.5
80.5 ! 81.0
81.6
79.3

82.3
86.3
81.3
79.9

82.2
86.3
82.4
80.0

82.0
86.4
83.2
79.3

82.0
85.7
83.1
79.6

81.8
85.0
83.4
79.6

33
331,2

3.22
1.75
.08
1.46
.08

100.2
105.8
102.7
90.8
93.4
95.7

94.2
95.8
95.8
91.1
81.5
97.6

45.1
37.0
35.2
60.1
42.1
58.6

92.7
95.2
92.7
89.3
86.3
100.4

73.7
71.8
71.5
74.2
73.6
97.3

91.2
89.8
92.1
92.9
87.3
84.9

90.8
87.6
90.5
95.0
95.5
86.0

91.5
87.7
91.5
96.3
93.5
86.4

90.5
87.9
92.0
93.7
94.8
86.3

92.7
90.8
91.7
95.2
97.4
85.7

92.0
88.3
90.6
96.7
97.9
86.3

91.0
87.9
89.3
94.8

.10

80.8
80.6
i 80.6
81.3
74.1
88.5

34

5.18

78.2

87.8

83.9

63.7

82.0

72.2

84.8

83.7

84.1

84.2

84.2

83.4

83.2

35
357 I
36

8.92

2.37

81.5
81.5
81.1

96.0
90.9
89.2

93.2
92.6
89.4

64.0
65.5
71.6

85.4
86.9
84.0

72.4
66.9
75.1

90.2
94.0
82.7

89.3
88.6
79.7

88.8
87.8
80.1

90.0
87.6
79.8

88.7
86.8
79.4

88.2
86.5
79.6

88.3
86.3
80.1

75.7
76.4

86.1
93.4

372-6,9 !
38 |
39

9.77
5.56
2.49
4.22
4.98
1.36

75.3
81.9
75.3

78.4
89.9
82.9

84.8
95.0
94.6
81.9
92.7
79.4

57.2
45.5
40.6
66.6
78.4
65.4

85.8
89.1
92.2
87.3
81.4
79.0

68.5
55.9
53.3
79.2
77.2
71.7

74.1
76.3
85.5
71.3
78.8
78.2

75.0
72.7
79.8
78.2
80.5
80.4

75.2
72.3
79.7
79.1
80.5
79.8

74.1
70.2
73.2
79.5
80.2
80.1

73.8
69.2
74.6
80.0
80.9
80.0

74.3
69.7
75.3
80.6
81.3
80.4

73.5
67.8
71.4
81.1
81.3
80.6

20
22
23
26
261-3
27

39.73
9.48
1.60
1.99
3.17
1.26
6.55

83.4
83.0
85.5
81.1
89.3
92.4
85.9

87.8
86.0
91.4
84.2
97.1
97.2
89.7

87.5
84.6
91.2
87.5
96.1
98.3
93.9

76.4
79.1
72.3
77.5
80.6
82.0
82.0

87.3
85.4
90.4
85.1
93.5
98.0
91.7

80.7
82.7
77.7
75.5
85.0
89.9
79.6

82.2
81.3
83.7
75.2
89.8
92.7
80.1 |

83.2
81.9
81.4
73.0
89.9
93.3
82.9

83.1
82.3
82.4
73.4
90.6
93.0
82.2

83.0
81.5
82.7
73.2
90.6
92.6
82.2

82.8
81.2
81.8
73.5
91.0
92.6
82.4

82.7
81.0
82.4
73.4
89.4
90.3
82.7

82.4
80.8
82.1
72.7
90.0
82.3

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

10.69
.78
.36
1.50
3.43
.24

79.6
86.6
85.1
86.3
84.9
81.2

87.6
102.0
93.8
96.7
95.5
81.3

84.6
90.9
98.6
90.0
91.2
92.1

69.9
63.4
64.4
66.8
72.7
75.8

86.2
97.0
99.7
88.5
89.6
83.3

79.3!
74.8
77.6
85.1 !
77.4 I
76.1

78.6
94.9
91.1
92.7
91.3 |
71.5]

79.7
93.3
88.8
95.4
92.1
70.0

79.0
93.0
88.5
94.9
92.6
70.9

79.6
93.3
95.0
97.0
91.1
71.5

78.6
92.5
83.3
98.1
91.6
69.9

78.6

78.2

82.6
98.9
91.8
69.6

97.3
91.5
68.4

!
I
|

87.5
78.5
86.9
88.5
72.8
85.4

94.3
89.6
91.0
96.9
93.0
95.0

96.0
87.9
99.4
97.3
104.3
92.7

80.3
44.4
76.6
82.3
50.9
63.3

86.8
89.4
91.5
86.6
60.6
89.1

86.1
90.7
79.9 I 86.9 |
83.4
83.2!
87.5
92.2 |
53.7
82.2 j
79.4
96.0 I

93.4
88.9
88,1
94.5
96.8
98.4

94.3
88.1
84.5
96.5
104.9
101.1

92.9
87.0
83.5
95.5
103.6
95.8

94.4
87.6
92.7
95.2
104.1
97.4

94.0
88.6
85.9
95.9
108.2
99.0

93.6
87.7
91.1
94.3
99.7
97.0

i
|

87.2
89.1
82.4

96.2
99.0
94.1

89.1
88.2
93.7

75.9
78.9
69.1

92.6
95.0
85.0

83.4
87.1
67.1

87.1
88.7
81.4

86.8
88.1
82.2

89.6
90.6
85.6

87.3
88.0
84.6

87.6
88.4
84.4

88.8
90.0
84.4

i

Primary processing
Advanced processing

Primary metals
iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

MMrm
Metasmining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
Ofllltlas
Electric
Gas

333-6,9
3331
3334 I

37
371

8.77

10
12
13
138
14

5.29
.42
.85
3.50
.65
.52

491,3pt
492,3pt

7.28
5.59
1.69

|

i
|
!
!

87.6]
89.2
81.4

85.9

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

Item

SIC

Percent change
Annual rate
Pecemberto December
1967- 1967- 1975^
1997 1975 1997
Ave.
Ave.
Ave. 1993 1994 1995 1996 1997P

Capacity indexes
Percent of 1992 output
1996
July

1997
Feb.

Mar.

Apr.

Mav

June

July

Total industry

2.8

3.8

2.4

1.8

2.9

3.4

3.7

4.0

138.8

141.8

142.2

142.7

143.2

143.6

144.1

Manufacturing

3.1

4.0

2.8

2.0

3.2

3.8

4.1

4.3

142.0

145.3

145.8

146.4

146.9 147.4

147.9

2.1
3.8

2.1
4.6

2.4
4.9

2.4
5.3

130.4
147.6

132.2 132.4
151.9 152.5

132.7
153.2

132.9 133.2
153.8 154.5

133.5
155.2

•4

1.4
.1

4.2
2.6
1.4
1.0

5.7
2.1
1.3
1.3

6.2
2.9
2.4
2.3

6.6
3.2
2.3
2.4

-.3 ! -.1
-.8 i -.8
-1.2
-4.3
.6
•9
-.3
5.2
-.4
.5

1.5
3.1
1.4
-.4
-1.1
.0

1.8
1.8
3.3
1.8
2.5
.0

3.5
4.8
.9
1.9
-2.9
.0

Primary processing
Advanced processing

2.2
3.6

4.1
4.0

1.4 I
3.5

1.2

Durable
24 |
Lumber and products
Furniture and fixtures
26
Stone, clay, and glass products 32

3.5
1.8
2.8
I- 4

3.7
2.9
4.5
2.5

3.4
1.4
2.1
.9

2.6

333-6,9
3331
3334

.3
-.4
-.8
1.5
.3
1.2

1.7
.7
.3
3.8
1.8
5.2

34

1.6

3.1

1.1

1.6

1.4

2.8

and equipment
Computer and office equip .
Electncal machinery

35
357
36

5.3
20.4
7.4

4.7
12.0
5.9

5.6
24.0
8.1

4.8
19.4
8.3

6.5
23.1
12.0

Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous

37
371

2.6
3.3

3.0
4.4

2.4
2.8

372-6,9
38
39

1,5
4.5
2,1

1.1
7.6
4.4

•7
3.0
I -.2
1.6
-2.0
3.2
.5
1.2
1.5

20
22
23
26
261-3
27

2.7
2,4
2,2
1,2
2,7
2.4
2.5

4.3
3.0
4.4
2,3
3.9
2.9
3.0

2.0
2.1
1.3
.7
2.2
2.2
2.3

Chemicals and products
28
Plastics materials
2821
Synthetic fibers
2823,4
Petroleum products
29
Bubber and plastics products
30
itather and products
81

3.7
6.5
3,9
1,5
5,1
-3,2

6.8
12,7
9,7
4.2
8.4
-1,5

10
12
13
138
14

.1
1.3
2.3
-.6
,4
1,1

491,3pt
4i2,3pt

2,8
3,9
.3

Primary metals
iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products

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

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

33
331,2

2.4

153.7 159.2
128.8 131.0
134.4 I 136.3
139.9 141.8

160.1
131.3
136.5
142.0

160.9
131.7
136.8
142.3

161.8 162.7 163.6
132.0 132.4 132.7
137.1 137.3 137.6
142.6 142.9 143.2

3.5
3.6
6.6
3.4
.7
.0

129.4
131.4
123.0
126.9
128.7
103.7

132.1
134.9
124.1
128.6
126.6
103.7

132.5
135.3
124.8
129.0
126.7
103.7

132.9
135.7
125.5
129.4
126.9
103.7

133.3
136.0
126.3
129.8
127.0
103.7

2.9

2.7

140.4

142.8

143.1

143.4

143.7 144.0

9.2
29.5
17.0

11.6
36.7
16.5

12.8
39.8
15.5

3.2
7.9
6.2
-2.1
.1
1.4

2.8
7.1
5.7
-2.6
.0
1.4

1.1
3.0
1.5
-1.4
.0
1.4

1.3
1.8
2.5
.5
2.3
1.8
-.9

1.9
2.0
3.7
.4
1.4
1.9
.0

1.6
2.1
4.1
3.2
2.0
3.0
-.2

1.7
1.9
2.3
1.1
1.5
2.2
-.6

2.5
4.1
1,6
.4
3.8
-3,8

2.1
-1.6
,8
-,5
3,2
-2.1

3.0
7.5
1.2
2.1
4.4
-1.7

2.0
5.4
-.2
-.5
2.0
-1.9

3.6
7.1
1.3
.4
1.6
-1.4

-.1
.5
2.4
-1.0
.8
2,6

.2
1.6
2,3
-.4
.3
.5

-.5
1.6
1.6
-1.6
-6.7
1.7

.8
-1.8
4.5
.0
-.9
1.0

-.6
1.2
-1.4
-.9
-2.2
1.9

-.3
1.0
1.1
-1.0
-4.2
1.9

1.6
1.0
1.3
1.6
6.3
2.3

113.7
118.6
123.5
109.4
148.4
125.6

6.1
7,8
2,3

1.5
2.3
-.5

.8
1.3
.2

1.2
1.0
.4

1.9
2.4
.5

2.1
2.6
.8

1.5
1.7
.5

125.0
123.4
131.5

p. Preliminary estimate for current year.
1. Series begins in 1977.




9

1

133.7 134.1
136.4 136.8
127.0 127.8
130.2 130.5
127.1 127.2
103.7 103.7
144.3

174.8 186.5 188.4 190.3 192.3 194.3 196.2
326.0 392.7 403.8 415.3 427.1 439.3 451.7
198.1 216.3 218.9 221.5 224.2 227.0 229.6

1.9
1.3
2.2
2,5 !

147.8
175.7
160.7
120.3
.5 I 129.9
1.7
144.4

148.6
178.2
162.2
119.6
130.0
145.6

148.9 149.1
178.4 178.6
162.5 162.8
119.9 120.2
130.0 130.1
145.8 146.0

1.6
129.4
1.8
131.0
.5
129.9
130.6
•0
1.0 ! 122.7
1.6 | 118.8
-.7
121.8

130.6
132.4
131.3
131.3
123.6
120.1
121.3

130.8 130.9 131.1
132.6 132.8 133.0
131.3 131.4 131.4
131.3 131.2 131.2
123.7 123.8 123.9
120.3 120.4 120.6
121.3 121.2 121.1

3.3
138.8 141.5
5.8
131.0 136.2
4.3 j 121.5 j 122.5
1.0
113.6 113.9
2.9
132.2 133.6
-2.8
111.9 110.8

149.4 149.6 149.9
178.7 178.9 179.1
163.1 163.4 163.7
120.5 120.8 121.1
130.1 130.2 130.2
146.2 146.4 146.6
131.3 131.5
133.2 133.4
131.5 131.5
131.2 131.2
124.0 124.1
120.7 120.9
121.1 121.0

141.8 142.2
136.8 137.4
123.0 123.5
114.0 114.1
134.0 134.3
110.5 110.3

142.6 143.0 143.3
138.1 138.7 139.4
124.0 124.5 125.0
114.2 114.3 114.4
134.7 135.0 135.4
110.0 109.7 109.5

113.7
118.9
124.4
109.1
145.3
127.1

113.9
119.0
124.5
109.2
146.3
127.4

114.1
119.1
124.6
109.4
147.2
127.6

114.3
119.1
124.7
109.6
148.2
127.9

114.4
119.2
124.9
109.8
149.1
128.1

114.6
119.3
125.0
110.0
150.1
128.3

126.5
125.1
132.1

126.6
125.2
132.1

126.8
125.4
132.2

127.0
125.6
132.3

127.1
125.8
132.3

127.3
125.9
132.4

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

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1985
1986
1987
1988
1989

.4
.6
-.6
.1
.5

.9
-.7
1.2
.3
-.8

.3
-1.0
.4
.0
.9

.2
.8
.4
.6
.3

.2
-.2
.4
.1
-.6

-.2
-.3
.9
.0
-.2

-.4
.3
.6
.7
-1.0

.6
.3
.1
.5
.4

.6
-.1
-.1
-.4
-.2

-.9
.9
1.3
.3
-.5

.6
.5
.3
.7
.4

.7
.9
.6
.5
.5

3.0
2.0
4.3
3.1
3.8

2.8
-1.7
6.7
3.0
.5

.3
.7
5.6
3.8
-4.4

1.4
6.5
6.9
3.6
.0

1.6
1.1
4.6
4.4
1.8

1990
1991
1992
1993
1994

-.5
-.5
.0
.4
.3

.5
-.8
.7
.5
.5

.5
-.9
.8
.1
.7

-.6
.3
.7
.3
.4

.4
.8
.4
-.6
.6

.0
1.2
-.3
.2
.5

-.1
.1
.7
.3
.5

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

.1
.9
.5
1.0
.1

-.5
-.1
.8
.3
.6

-1.3
-.1
.6
.5
.6

-.6
-.6
.1
.7
.9

1.9
-8.2
1.1
3.7
6.2

.8
1.3
6.7
.8
6.7

.9
6.3
2.2
1.7
4.4

-5.7
1.1
5.6
5.8
5.6

-.2
-2.0
3.2
3.4
5.0

1995
1996
1997

.3
-.4
.1

-.2
1.3
.5

.1
-.5
.4

-.3
.9
.4

.1
.4
.0

.2
.6
.3

.0
.0
.2

.8
.3

.4
.1

-.4
.2

.2
.8

.1
.4

3.9
1.6
4.4

-.7
6.2
3.7

3.2
3.3

.8
4.5

3.3
2.8

Industrial
Production
1985
1986
1987
1988
1989

86.9
89.6
90.2
95.8
99.7

87.6
88.9
91.2
96.1
98.9

87.8
88.0
91.5
96.2
99.8

88.0
88.7
91.9
96.7
100.1

88.2
88.5
92.3
96.8
99.5

88.0
88.2
93.1
96.8
99.3

87.6
88.5
93.7
97.4
98.3

88.1
88.7
93.8
98.0
98.7

88.6
88.7
93.7
97.6
98.5

87.9
89.5
94.9
97.9
98.1

88.4
89.9
95.2
98.6
98.5

89.0
90.7
95.8
99.1
98.9

87.4
88.8
91.0
96.0
99.5

88.0
88.5
92.5
96.8
99.6

88.1
88.6
93.7
97.7
98.5

88.4
90.0
95.3
98.5
98.5

88.0
89.0
93.1
97.3
99.0

1990
1991
1992
1993
1994

98.5
96.7
97.5
102.3
105.7

99.0
95.9
98.1
102.8
106.2

99.4
95.0
98.9
102.8
107.0

98.9
95.3
99.6
103.2
107.4

99.3
96.0
100.0
102.6
108.1

99.3
97.2
99.7
102.8
108.6

99.2
97.2
100.4
103.1
109.1

99.4
97.4
100.1
102.8
109.2

99.5
98.3
100.5
103.9
109.3

99.0
98.2
101.3
104.1
109.9

97.7
98.1
101.9
104.6
110.6

97.1
97.4
101.9
105.4
111.6

99.0
95.8
98.2
102.6
106.3

99.2
96.2
99.8
102.8
108.0

99.4
97.6
100.3
103.3
109.2

97.9
97.9
101.7
104.7
110.7

98.9
96.9
100.0
103.4
108.6

1995
1996
1997

111.9
112.4
117.8

111.6
113.8
118.4

111.7
113.2
118.8

111.4
114.3
119.3

111.5
114.8
119.3

111.7
115.5
119.6

111.7
115.5
119.8

112.6
115.8

113.0
116.0

112.5
116.2

112.7
117.2

112.8
117.7

111.8
113.1
118.3

111.6
114.8
119.4

112.4
115.8

112.7
117.0

112.1
115.2

Capacity
1985
1986
1987
1988
1989

108.7
112.2
113.9
115.3
116.8

109.0
112.3
114.0
115.5
117.0

109.2
112.5
114.1
115.6
117.2

109.5
112.7
114.3
115.7
117.4

109.8
112.8
114.4
115.8
117.6

110.1
113.0
114.5
115.9
117.8

110.4
113.1
114.6
116.0
118.0

110.7
113.3
114.7
116.2
118.2

111.0
113.4
114.8
116.3
118.4

111.3
113.5
115.0
116.4
118.6

111.6
113.7
115.1
116.5
118.8

111.9
113.8
115.2
116.7
119.0

109.0
112.3
114.0
115.5
117.0

109.8
112.8
114.4
115.8
117.6

110.7
113.3
114.7
116.2
118.2

111.6
113.7
115.1
116.5
118.8

110.3
113.0
114.6
116.0
117.9

1990
1991
1992
1993
1994

119.2
121.4
123.3
125.7
128.0

119.3
121.5
123.6
125.8
128.3

119.5
121.7
123.8
126.0
128.6

119.7
121.9
124.0
126.2
128.9

119.9
122.0
124.2
126.4
129.2

120.0
122.2
124.4
126.6
129.5

120.2
122.4
124.6
126.7
129.8

120.4
122.5
124.7
126.9
130.1

120.6
122.7
124.9
127.1
130.5

120.8
122.8
125.1
127.3
130.8

121.0
123.0
125.3
127.5
131.1

121.2 119.3
123.2 121.5
125.5 123.6
127.7; 125.8
131.4 1 128.3

119.9
122.0
124.2
126.4
129.2

120.4
122.5
124.7
126.9
130.1

121.0
123.0
125.3
127.5
131.1 j

120.1
122.3
124.4
126.7
129.7

1995
1996
1997

131.8
136.3
141.3

132.1
136.7
141.8

132.5
137.1
142.2

132.8
137.5
142.7

133.2
137.9
143.2

133.6
138.4
143.6

134.0
138.8
144.1

134.3
139.2

134.7
139.6

135.1
140.0

135.5
140.5

135.9
140.9

132.1
136.7
141.8

133.2
137.9
143.2

134.3
139.2

135.5
140.5

133.8
138.6

79.9
79.8
! 79.1
83.1
85.3

80.4
79.2
80.0
83.3
84.5

80.4
78.2
80.2
83.2
85.1

80.3
78.7
80.5
83.6
85.2

80.3
78.4
80.7
83.6
84.6

79.9
78.1
81.3
83.5
84.3

79.4
78.2
81.8
84.0
83.3

79.6
78.3
81.7
84.3
83.5

79.9
78.2
81.6
84.0
83.2

79.0
78.8
82.6
84.1
82.7

79.2
79.1
82.7
84.6
82.9

79.5
79.7
83.1
85.0
83.2

80.2
79.1
79.8
83.2
85.0

80.2
78.4
80.8
83.6
84.7

79.6
78.2
81.7
84.1
83.3

79.2
79.2
82.8
84.6
82.9

79.8
78.7
81.3
83.9
84.0

1990
1991
1992
1993
1994

82.6
79.6
79.0
81.4
82.6

82.9
78.9
79.4
81.7
82.8

83.2
78.1
79.9
81.6
83.2

82.6
78.2
80.4
81.7
83.3

82.8
78.7
80.6
81.2
83.7

82.7
79.5
80.2
81.2
83.9

82.5
79.5
80.6
81.3
84.1

82.5
79.5
80.2
81.0
83.9

82.5
80.1
80.5
81.7
83.7

81.9
79.9
81.0
81.8
84.1

80.7
79.7
81.3
82.1
84.4

80.1
79.1
81.2
82.5 |
84.9

82.9
78.9
79.5
81.6
82.9

82.7
78.8
80.4
81.4
83.6

82.5
79.7
80.4
81.3
83.9

80.9
79.6
81.2
82.1
84.4

82.3
79.2
80.4
81.6
83.7

1995
1996
1997

84.9
82.4
83.3

84.5
83.2
83.5

84.3
82.6
83.6

83.9
83.1
83.6

83.7
83.2
83.3

83.6
83.5
83.3

83.4
83.2
83.1

83.8
83.2

83.9
83.1

83.3
83.0

83.2
83.4

83.0
83.5

84.6
82.8
83.5

83.7
83.3
83.4

83.7
83.2

83.2
83.3

83.8
83.1

Year

Utilisation
1985
1986
1987
1988
1989

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



10

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

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1985
1986
1987
1988
1989

.1
1.5
-.8
-.2
.9

.6
-.5
1.6
.4
-1.2

.7
-.9
.2
-.1
.8

.2
1.4
.5
1.0
.1

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

-.3
-.3
1.0
.0
.0

-.4
.3
.7
.7
-1.1

.9
.6
-.2
.3
.4

.4
.0
.1
.2
-.3

-.8
.8
1.3
.2
-.6

1.1
.4
.5
1.0
.4

-.1
1.2
.6
.6
.1

2.1
4.5
5.0
2.4
4.3

4.2
1.7
7.0
4.1
-.7

1.1
1.7
5.5
3.7
-4.5

1.6
6.7
7.6
5.2
-1.4

2.3
2.8
5.3
4.7
1.9

1990
1991
1992
1993
1994

-.2
-.9
.2
.8
,1

.9
-.7
.8
.3
.6

.3
-1.1
.9
.1
.9

-.8
.3
.6
.5
.7

.4
.7
.4
-.5
.7

-.1
1.4
-.1
.0
.2

.0
.2
.7
.3
.8

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

.0
1.1
.4
1.1
.2

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

-1.3
-.2
.6
.5
.7

-.6
-.5
-.1
.8
.9

2.9
-9.7
2.3
4.5
6.3

-.1
1.2
7.3
1.4
8.1

.8
7.8
2.8
1.2
5.0

-6.3
1.7
5.1
6.2
6.7

-.5
-2.4
4.0
3.7
5.5

1995
1996
1997

.4
-.4
.1

-.4
1.3
.6

.1
-.8
.4

-.3
1.1
.3

-.1
.4
.1

.2
.7
.3

-.1
.5
.1

.7
.1

.7
.2

-.4
.2

-.1
.8

.1
.6

4.2
1.1
5.3

-1.4
6.3
3.7

2.6
5.0

Industrial
Production
1985
1986
1987
1988
1989

84.4
87.9
89.6
95.4
100.3

84.9
87.4
91.0
95.8
99.1

85.4
86.6
91.2
95.7
99.9

85.6
87.8
91.6
96.7
100.0

86.0
87.7
91.9
96.6
99.4

85.7
87.5
92.8
96.6
99.4

85.4
87.7
93.4
97.2
98.3

86.1
88.2
93.3
97.5
98.7

86.4
88.2
93.4
97.7
98.4

85.7
88.9
94.6
97.9
97.9

86.7
89.3
95.0
98.9
98.2

86.6
90.3
95.6
99.4
98.3

84.9
87.3
90.6
95.7
99.8

85.8
87.7
92.1
96.6
99.6

86.0
88.0
93.4
97.5
98.5

86.3
89.5
95.1
98.7
98.1

85.7
88.1
92.8
97.1
99.0

1990
1991
1992
1993
1994

98.1
95.8
97.2
102.6
106.0

99.0
95.1
98.0
102.9
106.6

99.3
94.1
98.9
103.0
107.5

98.6
94.4
99.5
103.6
108.2

99.0
95.0
100.0
103.0
109.0

98.9
96.3
99.9
103.0
109.2

98.8
96.6
100.5
103.4
110.0

99.1
96.8
100.2
103.0
110.1

99.1
97.8
100.6
104.2
110.3

98.5
97.8
101.4
104.4
111.1

97.2
97.6
102.0
105.0
111.9

96.6
97.1
101.8
105.9
112.9

98.8
95.0
98.0
102.9
106.7

98.8
95.2
99.8
103.2
108.8

99.0
97.0
100.5
103.5
110.2

97.4
97.5
101.7
105.1
111.9

98.5
96.2
100.0
103.7
109.4

1995
1996
1997

113.3
113.4
119.3

112.9
114.8
120.1

113.1
113.9
120.6

112.7
115.2
120.9

112.6
115.7
121.0

112.9
116.4
121.3

112.7
117.0
121.4

113.4
117.2

114.2
117.4

113.8
117.6

113.6
118.5

113.8
119.2

113.1
114.0
120.0

112.7
115.8
121.1

113.4
117.2

113.7
118.4

113.2
116.3

Capacity
1985
1986
1987
1988
1989

107.0
111.0
113.2
115.1
117.0

107.3
111.2
113.4
115.3
117.3

107.6
111.4
113.6
115.4
117.5

108.0
111.6
113.8
115.5
117.8

108.3
111.7
113.9
115.7
118.0

108.7
111.9
114.1
115.8
118.3

109.0
112.1
114.2
116.0
118.5

109.3
112.3
114.4
116.1
118.7

109.7
112.5
114.6
116.3
119.0

110.0
112.7
114.7
116.5
119.2

110.4
112.9
114.9
116.6
119.5

110.7 107.3
113.0 | 111.2
115.0 113.4
116.8 | 115.3
119.7 117.3

108.3
111.7
113.9
115.7
118.0

109.3
112.3
114.4
116.1
118.7

110.4
112.9
114.9
116.6
119.5

108.8
112.0
114.1
115.9
118.4

1990
1991
1992
1993
1994

119.9
122.4
124.5
127.2
129.8

120.1
122.6
124.7
127.4
130.1

120.3
122.7
125.0
127.6
130.5

120.5
122.9
125.2
127.8
130.8

120.7
123.1
125.4
128.0
131.2

120.9
123.3
125.7
128.2
131.5

121.1
123.5
125.9
128.4
131.9

121.3
123.6
126.1
128.6
132.2

121.5
123.8
126.3
128.9
132.6

121.7
124.0
126.5
129.1
132.9

121.9
124.2
126.8
129.3
133.3

122.2
124.3 |
127.0
129.5J
133.6

120.1
122.6
124.7
127.4
130.1

120.7
123.1
125.4
128.0
131.2

121.3
123.6
126.1
128.7
132.2

121.9
124.1
126.8
129.3
133.3

121.0
123.4
125.8
128.3
131.7

1995
1996
1997

134.0
139.1
144.9

134.4
139.6
145.3

134.8
140.1
145.8

135.2
140.5
146.4

135.6
141.0
146.9

136.0
141.5
147.4

136.5
142.0
147.9

136.9
142.5

137.3
142.9

137.8
143.4

138.2
143.9

138.7
144.4

134.4
139.6
145.3

135.6
141.0
146.9

136.9
142.5

138.2
143.9

136.3
141.7

78.9
79.1
79.1
82.9
85.7

79.1
78.6
80.2
83.1
84.5

79.3
77.8
80.3
82.9
85.0

79.2
78.7
80.6
83.7
84.9

79.4
78.5
80.7
83.5
84.2

78.9
78.1
81.4
83.4
84.1

78.3
78.2
81.8
83.8
83.0

78.8
78.6
81.5
84.0
83.1

78.8
78.4
81.5
84.0
82.7

77.9
78.9
82.5
84.1
82.1

78.5
79.1
82.8
84.8
82.2

78.2
79.9
83.1
85.1
82.2

79.1
78.5
79.9
83.0
85.1

79.2
78.5
80.9
83.5
84.4

78.6
78.4
81.6
83.9
82.9

78.2
79.3
82.8
84.7
82.1

78.8
78.7
81.3
83.8
83.6

1990
1991
1992
1993
1994

81.8
78.2
78.1
80.7
81.6

82.4
77.6
78.6
80.8
81.9

82.6
76.6
79.1
80.7
82.4

81.8
76.8
79.5
81.0
82.7

82.0
77.2
79.7
80.5
83.1

81.8
78.1
79.5
80.4
83.0

81.6
78.2
79.9
80.5
83.4

81.7
78.3
79.5
80.1
83.3

81.5
79.0
79.7
80.9
83.2

80.9
78.9
80.1
80.9
83.6

79.7
78.6
80.4
81.2
84.0

79.1 I
78.1
80.2
81.7
84.5

82.3
77.5
78.6
80.7
82.0

81.9
77.4
79.5
80.6
83.0

81.6
78.5
79.7
80.5
83.3

79.9
78.5
80.2
81.3
84.0

81.4
78.0
79.5
80.8
83.1

1995
1996
1997

84.6
81.5
82.4

84.0
82.2
82.6

83.9
81.3
82.7

83.4
82.0
82.6

83.0
82.0
82.4

83.0
82.3
82.3

82.6
82.4
82.1

82.9
82.3

83.2
82.1

82.6
82.0

82.2
82.4

82.0
82.5

84.2
81.7
82.5

83.1
82.1
82.4

82.9
82.3

82.3
82.3

83.1
82.1

Year

Utilization
1985
1986
1987
1988
1989




11

1.0 |
4.3

3.5
2.7

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES

Item

__

Metal mining
Iron ore
Nonferrous ores
Copper

SIC

I

1996
,P
; 199/
Proportion
Jan.

Seasonally adjusted
Feb.

Mar.

Aor.r

10
101
102-4,8,9
102

.42
.06
.36
.12

105.7 105.7 104.8 103.5
108.0 122.9 116.2 109.0
105.5 103.2 103.2 102.9
104.7 108.7 111.3 106.4

104.4
111.5
103.4
107.7

105.7

12

.87

106.4

109.6 105.2

13
131

3.71
2.84

100.8
95.3

105.4
96.7
88.4
108.0
113.6
153.4

Coal mining

103.1
96.0
I 87.2 88.4
106.5 106.5
i 109.9 114.5
| 130.8 140.7

104.8
110.9

104.8 102.7
110.4 103.0
104.2 102.9
108.7 107.3

105.0
116.6
103.5
105.3

107.7
114.4

115.6

107.3

105.6

114.0

112.2

103.9

109.6

106.8

104.5 104.4
96.1
95.6
88.7
87.3
106.3 107.2
108.7 107.8
152.5 154.2

105.3
95.4
86.2

101.6 103.0
96.6
97.3
87.8
89.5
108.8 108.2
107.6 112.6
129.5 133.4

103.7 103.3
96.9
96.6
88.6
88.7
108.4 107.6
113.5 109.9
140.4 140.6

102.8
95.6
87.6
106.7
108.6
143.6

103.4
95.0
86.0
108.3
150.4

104.3 121.2

136.8

144.7

104.1

1.32
.22
.64

Stone and earth minerals

14

.60

117.2

125.0

20
201

202
2021
2022
2023
2024
2026

9.37
1.26
.48
.27
.49
.02
.81
.01
.19
.14
.12
.34

108.2
113.5
113.6
98.3
125.1
89.5
99.6
76.3
109.4
84.9
102.7
101.5

108.4 109.2
114.0 114.7
113.0 114.2
101.0 103.5
125.5 124.4
91.2
90.4
101.1 99.9
76.8 75.1
111.1 108.5
88.5 87.9
104.9 101.9
101.7 101.7

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

1.30
1.30
1.03
.64
.24
1.74
.54
.98
1.05
.17

104.6 108.4 107.7 106.8
108.7 108.1 109.5 108.5
105.8 105.7 103.4 102.6
110.6 112.3 114.6 114.4
101.5 102.0 99.0
98.1
112.5 110.3 115.1 112.1
108.0 100.5 115.9 105.8
115.7 116.5 115.9 116.8
109.3 107.6 107.5 110.2
101.0 98.1
98.2 103.4

21

1.16

104.6 105.7

106.9 105.5

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

1.57
.39
.32
.04
.44
.32
.15
.18
.41
.19

106.3 106.9
105.5 106.8
107.3 109.0
112.8 113.1
109.7 111.1
112.9 112.3
92.2
99.8
95.9
92.3
114.1 111.9
110.0 104.1

Apparel products

23

1.80

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

2.06
.79
.28
1.27
.65
.15
.23

Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products

Tobacco products

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

1.52

107.9
161.4

108.8

83.7

89.3

107.9 103.2
112.0 l 111.9
108.8 1 111.5
100.5
97.9
124.5 122.4
93.1
90.4
101.9 95.3
74.6
95.5
110.9 105.3
96.6
87.6
98.7 78.2
102.2 100,6

102.7
112.4
109.5
99.7
124.6
97.9
101.5
94.7
112.4
92.6
95.8
102,9

103.7
110.4
105,0
101.4
122.4
104.9
104.3
85.2
112.8
96.7
104.4
104,6

96.4
105.0
96,0
108,1
104,7
101.3
98.0
102.9
102.4
111.1

96,4
97.6
107,0 105.7
95,5
96.4
106,7 98.8
101.5 98.9
108.6 111,6
112.9 115.9
105.5 109,6
98.0 102,0
82.1
93,0

99.0
106,2
99.6
96.9
93.5
113,8

103.5
107,2
105.9
99,4
96,2
120,5

116.1
110.7
104.8

105.9 94.1
108.6 106.5
101.1 98.6
111.0 113,5
99.7 103.5
111.5 i 103,2
102.2
113.6 105.1
111,0 105.6
112.3

113.9
106.0
97.2

121,4
112,7

104,2

102.8

101.8

109.3

105,8 108.6

100,3

114.5

108.2 108.6 107.5
102.5 111.3 103.5
103.3 113.4 103.1
116.1 116.7 115,4
112.1 111.9 114.3
113.4 113.6 117.1
95.3 99.1
92.7
116.8 96.2 102.6
111.2 112.1 112.4
100.0 102.5 102.3

108.4
104,3
113,8
112.4
114.8
96.7
108.0
113.0
103.0

100.8
106.2
107.7
111.8
91.2
92.7
93.9
91,9
112.7
107,3

105,5
106,9
108.1
110.4
103.8
105.3
101.8
90.9
113.9
108.6

107,1 113,3
104,9 115,9
104.7 117.2
114.8 115.7
105.5 112.1
106.0 108.0
94.7 104.0
111.5 114.7
114,1 115.1
104,8 108,6

110,8 114,9
109.4 105.9
108.6
116.5 118.3
119.2 126,9
120,5 127,1
98,3 96,4
95.4 118,6
115.4 116,7
108.7 107 M

96.3

96.1

96.5

96,3

93.1

93.9

95,5

94.5

96.4

98.4

108.6 112.0 113.3
100.6 102.3 104,7
94.6
93.8 93.0
114.6 119.2 119.8
109.2 113.0 114.0
91.5 101.1 100.1
156.3 163.5 160.9

113.6
103.2
95,3
121.5
114.4
101.1
168.0

114,1
103,4
94.2
122,1
114.3
101.1
166.4

113.5 104,1
102.9 96,9
93.0
87.9
121.5 109,6
114.5 103.6
103.3 88.8
163.1 137,3

109.6
101,8
89,1
115,6
106.8
100.6
155.9

111.4
101,7
86,1
118,7
110,4
100.1
163.0

114,0
102.0
864
123,0
113.5
102.0
176,2

112.7
99,9
90,0
122.2
115.4
103.0
170,2

117,1
106,6
§5,7
125.0
117.8
105,3
176.1

96.2

95.8

128.8 122.3

124.5

108.3 108.1
112.6 113.9
111.4 113.1
96.1
95.1
126.6 128.9
92.5
93.9
100.2 100.6
80.8
76.0
108.7 109.5
91.5
93.1
98.7
97.8
101.6 101.6
105.5
108.7
102.3
112.7
96.9
111.4

126.9

1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.




Juner

103.8
111.0
102.9
108.2

132 i
138

I

•

101.1
100.4
101.4
103.4

Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling

Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee

Index. 1§51U1uft
l TJM U
Not seasonally adjusted
199/
r
r
Mav June
Feb.
Mar. Apr/ Mavr
Jan.

12

104.6 105.9 110,1
113.8 112.6 115.7
109.5 112,1 116.3
101.0 91.2
95.6
128.0 128.5 129.5
92.7
89.0
91.3
107.9 109.4 110.6
94.1
80.8
66,6
109.9 113.2 113.7
109.6 112.0 108.5
108.1 110.9 126,3
106.6 106.8 105,7

Table 6 (continued)
INDUSTRIAL P R O D U C T I O N : INDUSTRY SUBTOTALS A N D INDIVIDUAL SERIES
[
—-7——-—Tsaai'iflflg-TO
r
Item

, « _ _ _ _

SIC

! 1996
r„MMIUJII„
!
IP
nresr
Proportion1
Jan.

"" Seas'ona1lva"dius53

Feb. —Mar^

"

~ — ~ ~ ~ ~ ^ ~

^~ " _•HBBBi^wty^WitdiJT^itrH^JHHMBBi

Aor/

Mavf

JuneT

rimr
Jan.,

Feb.

«JdaL«

Aor/

114.1
116.2

105.9
106.5

110.7
114.7

109.7
111.5

110.3
111.9

110.7
111.2

115.0
115.5

May? ..JuHflTi.

1.30
.60

1 109.7
109.2

110.3
111.5

111.0
109.9

112.7
112.6

114.0
114.6

i
I

3.29
1.32
.09

I

.76

j

.46
1.97
.73
1.24

110.3
111.3
98.3
109.7
117.3
109.6
111.3
103.8

111.1
112.1
106.1
109.0
119.3
110.5
116.2
107.4

112.1
111.8
105.1
110.1
116.9
112.3
116.7
110.0

112.2
111.4
102.4
110.9
115.0
112.6
115.5
111.1

112.8 110.9 112.0
111.7 109.0 112.7
99.7
99.8 100.2
111.4 108.5 111.6
115.4 112.4 I 117.7
113,5 112.1 111.5
116.2 120.6 111.7
112.1 107.5 111.2

112.9
114.3
106.7
111.1
121.8
112.0
115.6
109.9

111.8
112.2
102.0
110.8
117.1
111.5
114.1
110.0

114.4
112.3
104.2
110.9
116.8
115.8
122.9
111.7

110.8
110.8
98.0
109.1
116.7
110.7
111.7
110.1

112.4
111.1
101.2
109.4
116.5
113.3
122.5
108.1

27
Printing and publishing
271
Newspapers
Periodicals, books, and cards 272.3,7
Job printing
274-6,8,9 |

6.44
1.41
1.91
3.12

100.5
90.1
98.9
107.0

100.6
92.0
99.6
105.7

99.7
89.0
100.5
104.9

99.6 99.8 100.1 I 96.3
86.6 86.2
86.2
88.1
101.2 101.9 103.5 I 98.4
105.7 105.8 105.3 | 99.3

96.7
93.6
99.6
96.2

96.8
90.0
101.9
96.9

97.4
88.5
103.5
98.2

97.2
85.7
102.0
100.2

101.9
87.2
102.6
109.4

10.17

113.7

112.8

112.0

113.3

112.0

112.4

109.9

110.1

109.9

111.7

111.1

115.8

281,2,6
281 !
2812 |
2816
2819

4.06
.80
.06
.09
.51
.35

109.2
92.0
114.8
94.1
85.8
98.1

109.2
94.0
117.4
101.1
87.3
101.6

109.1
93.1
120.9
96.0
86.4
102.0

109.2 106.9
93.0
91.1
116.3 112.4
103.6 96.1
86.0
85.0
101.2 100.7

106.8
91.0
116.2
95.6
84.9
100.4

107.8
89.8
114.2
93.8
83.0
92.9

110.1
94.8
117.3
101.5
88.0
104.6

109.6
91.1
119.3
94.7
83.7
95.6

111.9
93.5
114.7
110.0
85.6
99.9

107.4
90.9
110.6
98.4
84.4
97.2

108.1
92.7
117.3
100.3
86.5
103.2

282 |
2821 i
2823,4
286

1.42
.90
.38
1.84

123.9 121.5
126.7 127.1
117.3 108.7
107.9 108.5

121.7
127.2
108.8
108.7

124.7
128.2
117.3
107.0

120.3 120.8 121.3 124.2
127.7
123.7 129.6
103.2 102.8 114.2 111.2
105.8 105.3 107.8 108.4

123.8
130.0
107.7
109.4

130.4
134.3
120.1
108.7

121.7
128.7
104.5
106.2

123.7
106.7
105.4

5.50
3.05
1.36
.50
.61

118.2
123.3
107.0
122.7
103.3

116.4
122.5
103.5
122.7
103.1

114.9
121.0
102.6
122.2
103.1

117.1
123.2
105.1
119.9
104.2

116.4 117.3
122.3 122.0
104.1 106.6
118.4 117.8
106.4 104.9

110.3 111.6
113.3 114.8
101.0 99.8
123.2 128.6
103.8 107.4

114.1
118.7
100.5
127.6
106.6

123.1
129.3
108.9
133.4
102.8

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

1.75
1.57
.32
.30
.05
.15
.75
.19

107.4
105.6
110.6
108.2
89.0
105.1
103.7
121.2

108.6
106.6
111.1
110.1
87.1
108.3
104.5
124.5

108.1 110.7 112.0
106.5 109.4 111.0
104.7 113.4 115.8
112.6 111.8 118.6
72.1
70.2 69.1
111.4 112.3 111.4
106.8 109.4 109.3
120.0 119.6 118.5

107.6
107.0
111.4
110.7
89.1
106.2
107.1
110.0

113.5
112.4
121.5
118.6
69.2
107.6
110,5
120.8

117.9
116.9
132.3
120.5
76.8
112.3
112.9
124,1

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

3.78
.35
.62
2.81

121.1
115.4
115.8
123.2

123.1
121.0
115.0
125.3

124.0
129.8
113,1
126.0

122.3
109.1
115.6
125.7

123.9 122.8
132.3 118.2
114.1 112.4
125.3 126.0

123.1
113.7
113.3
126.8

126.2
126.9
119,1
127.9

31
314

.20
.09

78.3
79.6

77.6
80.1

78.4
80.7

78.8
79.0

78.5
77.6

76.9
78.2

78.5
78.2

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

2.12
.30
.13
.17
.10
1.26

112.7
96.7
79.1
112.7
125.6
115.0

110.2 113.7
94.1
96.9
74.7
76.7
100.4 116.9
129.3 133.5
113,6 115.7

114.3
95.7
75,2

117.8
96.8
78.7

138.0
115.7

141.6
119.0

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

Chemieais and products
industrial chemicals and
synthetic materials
Basic chemicals
inorganic pigments
inorganic chemicals, nee
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes

25
251
26
261-3
261
262
263
265,7
265
267

|

28

283-5,9
283
284
285
287

112.5 113.5
94.5
93.4
75.5
72.5
119.6 123.5
128.8 129.3
115.0 116.1

111.8
114.7
104.0
108.1
104.0

113.0 99.8 100.4
112.5 99.7 100.0
115.7 88.8
94.5
120.1 104.9 103.9
79.6
89.6
88.4
113.8 111.1 108.1
110.6 101.2 100.3
114.8 97.8 101.3

123.3 123.9 119.7
113.4 122.6! 119.4
112.9 114.9 | 108.4
127.2 126.3 | 122.6
76.9
78.5

113.8 113.1
95.5
93.3
72.8 71.4
113.8
132.0 133.2
116.4 116.2

110.3
113.5
100.4
120.5
104.0

76.4
75.9

76.4
78.5

123.3
132.5
114.7
124.2
75.7
77.5

113.8 ! 105.8 107.5
92.9
91.7
95.8
72.8
72.8
79.2
66.8
82.5
132.9! 113.5 125.3
117.7 113.1 111.6

1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.




13

101.9
101.8
99.6
109.6
71.6
105.7
101.5
100.0

78.0
78.8

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
r—-^^
1996
jT997
IP
SIC Proportion1
Jan. •~£eb^ ^MML-

—

r~~—r^^j^jas^^

Item

„ ,

Primary metals
Iron and steel
Basic steel and mill productsi
Basic iron and steel
Pig iron
Raw steel

.17
.09

117.8
118.0
121.0
103.4
100.6
111.7

120.0
118.2
119.6
106.0
1052
112.3

126.2
136.4
120.0
139.4
122.9
123.2
108.0

123.7 124.6
132.3 137.0
123.4 122.4
138.7 144.8
111.5 102.5
1202 120.3
113.0 112.3

3.52
1.88
1.46

33
331,2
331

I

.30

Apr/

Mavr

121.3 120.2 123.6
118.7 119.3 123.6
120.5 121.1 127.5
106.8 107.4 109.5
105.7 105.8 109.2
114.2 115.5 115.8

Juner

Mavr

Juner

123.0 117.1 123.7
120.5 115.5 122.5
122.8 119.1 124.7
107.4 104.5 108.3
105.8 102.4 107.1
115.1 | 112.1 118.8

123.3 124.6
121.0 124.9
122.2 127.3
108.7 108.0
107.5 104.6
117.3 119.1

124.4
124.1
128.1
108.3
106.9
115.7

123.5
121.6
124.3
107.0
104.9
115.1

123.3
I 133.9
I 123.5
! 131.3
j 102.5
120.7
103.9

129.4
128.1
133.8
154.2
111.7
125.8
112.7

Feb.

132.9
132.1
138.6
157.3
110.2
129.9
110.6

127.4
125.0
134.4
148.8
108.8
124.8
112.9

129.6
142.6
133.1
138.3
106.3
125.7
115.2

126.2 133.0
136.3 139,4
127.6 134.8
137.4 149,7
105,6 113.0
122.8 129.6
116.8 116.7

133.9
140.9
136.8
158.1
115.1
128.6
111.2

124.2
105.9
118.5
89.6

121.3
106.7
120.3
89.5

123.5
108.0
123.7
88.9

125.8 118.9 125.1
109.3 106.7 109.0
124.4 i 122.6 124.8
89.5 j 89.2
89.7

128.0 124.2
109.3 106.9
124.8 119.5
89.7
89.2

124.7 125.7
108.8 106.7
125.3 121.4
88.9
89.4

124.3 126.9
120.8 124.1
103.8 114.6
136.1 136.2

122.1
117.3
96.9
137.9

124.3 126.1 i 120.5
120.1 122.9 ! 115.9
102.1 106.4 94.9
138.1 136.6 135.6

128.0
125.2
115.2
137.2

125.7
122.0
108.8
138.0

125.8
122.3
104.6
137.4

126.7
123.4
107.1
137.5

120.4
93.4
117.6
117.4
128.1
120.4
127.2

120.8
93.4
119.4
119.3
128.2
120.8
127.9

121.0
89.8
119.4
119.1
127.8
121.2
128.0

119.6 118.3
88.6 91.5
117.4 116.6
117.1 118.3
124.1 125.0
122.2 119,7
130.3 126.4

119.8
99.6
118.0
117.6
126.5
120.7
127.3

122.2
107.9
119.6
118.7
128.3
122.5
129.3

332

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.64
.24
.08
.10

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
335S-5
336

1.12
.84
.29
.28

118.0
113.1
89.3
134.3

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

5.28
.16
.54
.47
1.47
2.91
1.67

j 119.2
92.2
120.1
120.2
124.7
119.5
128.0

119,5
90.2
118.3
118.3
127.3
119.3
126.4

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

9.51
.47
.45
.99
1.10
.84
1.10
.33
.77
2.45
.90
.64
1.20

I 164.7
122.7
140.1
157.7
125.6
131.6
115.0
115.5
114.9
340.3
127.2
! 127.5
138.0

166.6 187.4 171.3 170.5 171.3 159.2 167.5
121.3 119.5 120.9 123.9 121.9 122.9 121.8
144.4 142.0 153.9 147.0 150.0 146.2 162.4
156.5 153.9 163.8 160.1 160.7 158.6 165,3
124.9 123.7 124.9 124.4 122.4 118.1 123.7
133.2 135.3 136.5 136.2 135.9 132.8 133.4
116.7 115.9 117.4 116.8 115.7 110.5 116.2
116.1 116.8 118.1 117.1 114.8 117.0 117.3
117.0 115.6 117.2 116.8 116.1 107.7 115.7
347.8 354.7 363.8 370.7 379.9 320.9 336.1
135.2 138.9 134.8 128.3 128.7 122.2 141.7
138.3 142.4 136.6 126.3 127.7 120.3 147.8
135.1 135.1 140.6 138.8 138.2 129.5 133.3

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

8.58
.95
.30
.51
.09
.10
.11
.21
.05
.09

168.6
112.1
103.4
122.1
115.0
122.5
135.1
120.2
100.7
137.7

.19
1.65
3.94
3.87
.69
.11

86.8 100.8
92.4 100.1 99.7
92.5 105.8 96.8
119.8 122.0 123.0 124.4 124.0 127.0 120.6 121.7
277.1 287.1 295.0 300.2 304.7 309.7 275.3 287.4
283.9 294.1 302.7 308.1 312.8 318.2 282.4 294.6
125.1 125.2 128.2 127.7 128.5 126.1 123.6 123.7
113.1 110.3 119.0 119.1 121.6 111.0 97.4 103.0

8.41
4.80
1.32
1.26
1.19
.71
.48
2.15
.06

111.9
132.0
108.6
154.0
156.4
167.0
146.5
137.1
107.7

3.62
2.30
.38
.94

92.2
93.1
86.0
90.5

Transportation equipment
Motor vehicles and parts
Autos
Trucks and truck trailers
Trucks and buses
Consumer trucks
Business trucks
factor vehicle parts
Motor homes
Aerospace and miscellaneous
transportation equipment
Aircraft and parts
Ships and boats
Railroad and miscellaneous

365
366
367
3672-9 I
369 |
3691
37
371

3714
3716
372-6,9
372

373 I

374-6,9

, Man

125.1
121.4
127.9
148.1
113.3
122.8
113.2

1.16
.19
.13
.14
.04
.66
.42

Audio and video equipment
Communicationequipment
Electronic components
Semiconductors
M\sc. electrical supplies
Storage batteries

—
,„„„,„

Apr/

Jan.

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

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

—

krraj
t ^ t seasonally a ^ s t e c f , ; , ^
^^—~-~-^^

117.6 122.1
I 105.3 105.7
122.6 120.9
88.7
89.2

172.5
109.7
102.5
124.7
130.4
125.6
127.7
1-21.3
105.7
139.8

175.2 176.7 178.1
108.0 109.4 108.4
101.9 104,2 104.4
132.8 125.3 126.7
132,5 117.1 129.0
132.0 127.6 129.4
155.8 143.8 137.9
123.7 120.6 120.2
108.3 109.8 109.2
144.3 137.4 138.0

126.9
123.8
109.8
137.2

120.1 115.2 117.8
91.1 , 81.4 76.2
116.8 I 112.5 117.5
115.4 111.9 117.6
126.7 122.5 122.8
120.9 116.1 120.4
126.6 121.2 128.0

180.6
109.7
105.8
133.2
140.0
126.5
152.6
125.2
112.7
147.7

166.2 172.3
107,6 106.9
98.0 100.1
119.1 133.5
112.6 135.6
115.6 134.4
133.0 146.2
117.8 126.8
96.5 100.0
131.8 151.1

111.5 111.9 110.6 110.2 111.2 110.1 117.6
129.6 128.9 125.3 123.7 124.7 127.6 142.1
110.6 111.5 105.0 106.5 103.9 1 102.6 125.1
153.5 152.4 138.2 142.4 148.2 ! 146.1 170.2
155.5 153.8 138.6 142.0 148.5 148.4 172.9
165.0 163.8 146.1 150.5 159.5 1 154.1 180.1
147.1 144.7 132.4 134.6 137.9| 140.5 182.8
130.3 129.1 133.0 125.7 126.8 j 136.0 139.3
113.9 102.3 114.0 113.7 112.6 I 101.4 120.3
93.5
94.2
86.4
92.8

94.8
96.0
85.4
93.6

95.5
97.5
85.3
92.6

96.4
98,6
85.9
93.0

97.3
92.6
100.1 I 93.9
84.1 I 85,6
90.4
93.6

93.7
95.0
84.3
92.4

1. The
IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.

http://fraser.stlouisfed.org/
14
Federal Reserve Bank of St. Louis

169.1
119.6
158.5
163.5
122.3
136.1
115.4
117.6
114.5
344.4
151.2
160.4
133.4

170.2 170.3 177.1
118.8 120.9 120.8
166.3 155.7 153.5
168.1 164.2 169.7
121.0 122.3 125.4
135.4 135.2 135.8
115.2 115.7 118.1
117.4 116.0 114.9
114.2 115.6 119.5
346.6 363.7 394.7
149.7 135.0 138.7
158.6 136.4 141.9
136.2 136.8 142.3

175.0
105.6
98.8
133.8
131.8
133.3
155.0
126.0
102.9
146.5

175.5
106.7
98.5
131.6
120.4
139.9
160.5
120.6
104.3
144.1

176.4
107.3
101.2
126.8
129.6
138.6
136.5
116.4
107.5
135.1

182.0
112.8
107.9
136.5
135.6
141.4
157.3
125.9
112.6
149.6

95.9
85.2
94.9
98.4
123.0 123.9 122.6 124.9
296.8 299.1 302.8 311.4
304.9 307.0 310.8 320.1
125.2 124.8 123.2 127.0
104.7 101.7 98.1 113.6
117.1
138.9
117.6
159.8
161.2
170.0
148.9
143.1
114.8

118.2
140.2
122.7
160.6
161.9
167.1
154.6
141.2
139.1

115.8
134.8
119.1
154.0
154.5
161.2
145.2
135.8
111.9

116.7
135.4
113.5
158.6
159.3
167.8
147.3
138.9
110.7

95.7
97.4
85.5
93.7

96.5
98.4
86.4
93.5

96.9
99.4
85.7
93.1

98.0
101.0
83.8
93.9

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
—
J
~
j^-^gj^^gg
1996
IMSii^Dilf^
Z^^^^^Bm^k^m^m^
1[L1 _9 9~7
|T5§?
IP
1
fy^ar. tooLJ t o L June*" Jan. -JEfe.. M^T AarS ,rMffi(LJMD£^
SIC Proportion I Jan. Feb.
Item
38
381-4
384

4.72
3.77
1.45

103.3 104.6 104.7 104.4 105.2 105.8 101.1 103.2
100.3 101.5 101.2 101.0 101.6 102.1 97.5 99.8
108.0 110.2 108.8 108.5 108.3 107.8 100.0 104.2

103.4 103.1
99.7 99.4
103.3 103.6

103.6
99.6
104.4

107.3
103.7
112.8

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.29
.62
.67

116.3 117.1 118.3 116.9 117.0 117.7 112.3 114.8
108.9 108.6 108.1 109.3 109.2 108.5 105.6 107.0
123.7 125.6 124.4 124.5 124.8 126.9 119.0 122.6

115.7 116.0
108.2 108.9
123.3 123.1

116.3
108.3
124.3

118.0
107.9
128.2

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

4S1,3pt

6.26
2.42
.91
1.51

113.2
112.8
110.8
115.0

108.3 101.5 102.6
108.0 103.4 105.3
98.0 97.7
99.5
115.2 107.7 109.8

114.8
115.9

3.84
1.64
2.21
1.32
.89

113.6 110.8 109.6 114.2 111.6
114.0 110.2 107.9 115.4 111.6
113.4 111.4 111.0 113.4 111.7
117.9 114.8 114.8 117.8 115.4
107.4 107.0 105.8 107.4 106.7

112.4

109.5
115.6
105.2
108.1
101.1

105.3
104.1
108.1
108.2
103.2

100.4 101.0
93.1
90.6
105.7 108.4
106.5 109.2
104.6 107.3

114.1

1.81
.80
.35
.48

110.9 107.6 108.7 113.2
107.7 101.6 102.6 109.3
113.6 109.1 113.2 118.0
110.4 110.1 108.9 112.2

111.7 197.1 171.6
232.6 196,3
209.5 185.9
158.4 142.5

155.2
170.8
170.9
132.2

112.6
111.4
118.7
110.5

63.9

instruments
Scientific and medical
Medical instruments

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

492,3pt

113.6 110.5 111.2 120.4 111.5
113.0 108.9 109.6 118.8 114.7
112.2 103.7
110.9 108.5
123.8 122.7
115.1 110.0

110.9 110.3
111.1 111.5
104.7 107.0
116.2 115.3

111.9

112.4

121.5
135.9
111.3
116.7
104.0

81.8

117.1

1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.

Table 7
INDUSTRIAL PRODUCTIONS GROSS VALUE OF PRODUCTS
Billions of 1992 dollars at annual rates, seasonally ad lusted

Products, total
Final products

1552.1 1766.0 1733.5 1765.9 1776.0 1787.9 1808.9 1823.8 1808.8 1819.6 1816.4 1822.6 1832.5 1827.2

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable
Equipment total
Business and defense
Business
Defense and space
Intermediateproeluets
Construction supplies
Business supplies
Commercial energy products

1992

1996

Q1

Q2

Q3

Q4

Q2r

i mi

Mar.
Apr/
Ma/
June1"
JulyP
Feb.
2001.9 2261.9 2221.1 2259.7 2274.1 2291.8 2315.2 2332.2 2315.3 2327.5 2324.7 2331.5 2340.3 2334.5

item

Q1

1049.6 1166.0 1152.7 1167.4 1166.7 1176.4 1179.6 1183.3 1177.7 1184.7 1179.4 1182.6 1187.8 1182.0
238.3 302.7 291.2 307.1 309.3 303.1 310.2 306.0 310.6 314.1 301.4 305.9 310.8 307.9
123.8 157.6 149.9 160.5 163.2 157.0 164.1 157.4 164.6 164.8 154.8 157.5 159.8 153.2
114.4 145.1 141.4 146.6 146.1 146.1 146.1 148.7 146.1 149.3 146.6 148.3 151.0 154.7
811.3 863.9 861.7 861.4 858.5 873.3 870.2 877.5 868.0 871.8 877.8 876.9 877.7 874.5
502.5
483.9
399.2
84.7

599.2
573.9
509.1
64.9

580.2
555.9
491.5
64.4

597.7
571.3
505.9
65.4

608.6
583.0
517.7
65.4

610.7
585.7
521.4
64.4

628.6
600.8
537.6
63.3

639.9
609.7
546.2
63.7

630.4
602.4
539.1
63.4

634.2
604.7
541.3
63.5

636.4
606.5
543.4
63.3

639.4
609.4
546.0
63.6

644.1
613.4
549.3
64.2

644.7
615.8
552.1
63.8

449.9
177.2
272.7
70.4

496.4
206.0
290.2
80.3

488.1
199.5
288.4
79.6

494.4
205.3
288.9
80.5

498.7
209.6
288.9
79.3

504.3
209.3
294.7
81.6

507.0
211.1
295.6
80.5

509.1
212.6
296.3
82.3

507.2
211.7
295.2
80.2

508.7
215.2
293.3
80.1

508.9
212.0
296.7
82.8

509.6
213.6
295.8
81.8

508.9
212.2
296.5
82.3

508.2
211.4
296.5
82.8

Tables
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1995
1996
1997
Three Months Earlier
1995
1996
1997
Six Months Earlier
1995
1996
1997

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

55.3
34.5
45.5

47.7
65.5
61.4

50.0
54.2
54.7

43.2
52.7
51.9

47.7
58.0
50.4

50.4
64.8
53.2

52.7
51.5

58.7
53.4

54.9
50.8

44.7
55.3

47.3
56.8

47.7
57.4

64.0
41.3
56.4

58.7
50.0
59.5

49.6
53.8
56.1

43.6
68.9
59.5

43.2
59.1
54.4

47.3
63.8
52.7

48.5
56.4

52.7
61.0

58.0
53.0

51.9
57.2

48.5
52.3

45.1
56.4

62.1
47.3
56.1

62.9
49.6
61.0

64.4
49.6
63.3

54.9
54.2
61.7

51.1
59.5
58.0

44.3
67.0
57.2

44.3
63.6

46.2
60.6

51.1
61.0

47.3
60.2

50.8
60.2

53.0
58.0

HoTe^TRell^^
the percentage that were unchanged.



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
[
Item
Total

[ 1992
Billion
jg87SlC 1 KWH
934.1

"""
Seasonally adjusted,
Feb.
106.8

Mar.
105.3

Apr/
107.1

IndexTlW^TO
"
~
_[
Not^as^aTvaaiiisted
r T W _ _ _
Mar.
Apr/
Mavr
Mavr JuneP
Jan.. « f § k ^
106.5 106.4 M04T" 103.6 104.0 105.8 106.3

107.0
105.9
107.8
104.4

105.6
104.3
106.6
102.3

107.5
106.8
108.0
102.4

106.9
106.0
107.6
101.3

106.7
106.3
106.9
102.3

103.8
101.9
105.4
107.3

103.6
103.6
103.6
103.8

104.2
104.2
104.2
101.8

106.0
105.7
106.2
102.9

106.7
105.9
107.3
101.6

108.8
108.3
109.1
101.8

117.4
129.7
115.7

119.7
131.3
119.0

111.7
117.4
113.9

112.9
116.4
117.1

111.2
114.1
114.1

116.5
119.1
119.6

113.3
121.2
114.2

115.8
125.7
113.8

111.8
118.7
112.6

113.8
118.6
115.9

110.1
110.8
114.7

98.3

95.2

91.8

98.5

97.0

99.3

109.4

108.6

100.4

101.4

94.8

93.7

rr§gr_
Jan.
106.4

Manufacturing
854.0 106.5
365.8 104.8
Durable
488.3 108.0
Nondurable
! 80.1 104.3
n ^inm§ N
INDUSTRY GROUPS and SERIES
Metal mining
10 ! 18.6 113.8
7.3 I 119.0
101
Iron ore
102 .
6.6 115.1
Copper ore
Coal mining

12

12.7

~
JuneP
108.3

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

13
131
132 !

36.0 I 95.7
31.0
96.2
86.8
3.6

96.2
97.8
75.0

93.2
93.3
86.5

94.8
94.4
92.1

92.3
92.0
90.5

94.0
93.9
87.7

99.0
99.3
89.6

93.5
95.2
71.5

92.1
92.5
83.6

94.2
94.1
90.6

92.1
92.1
90.2

95.5
95.2
90.7

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

14
142
144 !
147 [

12.8
3.5
2.7
4.7

117.4
150.5
109.0
112.8

115.2
146.8
101.9
111.4

110.3
144.9
108.1
101.2

110.8
148.0
106.6
99.7

110.1
146.1
105.8
98.6

112.2
144.1
106.1
103.9

110.0
124.5
93.9
112.1

107.3
118.9
86.5
111.2

104.6
119.7
94.3
102.6

111.4
144.1
104.6
102.2

113.7
156.5
111.5
99.9

114.4
153.8
110.9
103,2

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

20
201
202
203
204
205
206
207
208
209

58.8
10.3
6.8
8.1
11.4
3.5
4.0
3.9
6.1
4.7

115.5
124.8
109.4
111.3
125.4
111.1
115.3
111.0
99.9
118.0

115.4
123.3
109.0
115.4
122.3
111.5
117.9
111.8
100.9
116.9

113.8
121.7
105.3
114.7
121.8
108.7
115.7
111.6
100.1
114.9

115.6
125.0
107.6
113.8
124.3
108.6
114.6
110.8
101.2
119.8

114.1
123.1
106.3
112.5
121.1
108.4
112.7
110.8
100.5
119.0

113.9
121.3
105.1
113.1
123.6
107.4
115.3
112.1
98.3
119.3

I 110.3
118.4
102.8
99.9
122,9
103.5
I 128.3
! 120.8
90.7
i 110.9

107.5
113.2
99.4
102.4
120.0
101.3
122.6
114.9
89.1
107.4

106.4
113.0
98.6
103.8
118,8
100.3
107.3
111.7
91.1
106.5

108.7
117.8
103.8
102.5
121.9
102.0
97.2
108.9
94.8
111.5

110.6
119.8
105,4
105.4
121.5
105.6
99.0
106.0
98.5
114.7

116.1
127.3
112.9
110.3
120.6
112.5
107.0
108.6
104.9
124.1

21

1.5

102.1

92.0

93.5

95.7

96.1

93.2

91.7

92.2

90.6

92.1

91.3

94.7

Textile mill products
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

22
221-4
225
226
228
229

31.5
11.8
4.1
2.5
8.3
3.4

109.6
102.4
107.5
122.9
112.6
120.8

110.8
103.7
107.0
124.4
114.2
120.4

107.7
100.7
108.1
120.5
110.9
116.7

108.0
101.8
108.3
128.3
108.6
118.1

107.0
100.9
111.7
123.0
107.7
115.9

106.6
99.3
109.5
122.9
105.3
120.3

93.3
87.0
88.4
113.7
94.1
105.7

104.4
97.8
100.4
122.6
107.0
113.5

103.1
96.3
101.1
121.6
106.1
112.7

105.2
98.9
103.0
127.8
105.8
116.4

110.3
104.2
115.0
124.8
111.7
118.9

115.6
107.7
121.3
129.4
115.1
128.1

Apparel products
Men's outerwear
Women's outerwear

23
231,2
233

8.2
2.0
2.5

100.5
93.2
98.0

99.1
93.5
91.3

99.9
91.1
96.0

101.6
92.8
97.4

101.1
92.8
91.0

98.8
92.4
89.4

87.4
77.3
85.8

92.4
84.3
84.4

92.1
81.7
87.1

93.5
84.7
89.0

98.6
91.3
89.0

106.7
102.6
97.7

Lumber and products
Lumber
Millwork and plywood

24
242
243

19.8
7.7
5.6

117.2
109.2
131.4

119.4
112.3
133.4

119.5
111.3
130.9

123.3
114.3
134.9

122.2
112.7
136.4

124.0
114.6
138.1

118.5
111.5
131.8

122.7
117.6
136.1

121.1
113.7
132.4

124.6
116.3
136.7

121.0
113.0
134.3

123.3
112.8
138.0

Furniture and fixtures
Household furniture

25
251

6.0
3.2

113.6
111.0

115.1
113.4

113.4
109.3

117.5
114.4

118.5
116.5

119.2
118.2

109.4
108.3

116.1
116.6

112.6
110.8

115.2
113.8

115.0
113.1

119.7
117.5

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

26
261
262
263
265
267

113.3 103.9
8.8
92.6
62.3 ! 104.3
28.3 106.4
5.1 I 107.3
8.9 102.6

100.7
87.8
101.4
100.2
106.0
100.8

99.8
93.8
100.4
97.7
102.9
99.8

101.9
90.2
103.7
99.9
98.9
103.5

100.2
87.3
102.1
100.3
100.5
96.8

102.2
93.0
103.8
98.7
105.0
100.4

103.1
95.0
104.2
105.6
103.5
98.3

99.0
87.2
100.0
99.7
102.2
97.5

98.5
93.4
99.2
97.0
100.3
97.5

101.2
87.2
103.3
100.0
98.1
101.2

99.6
87.1
101.4
99.1
100.5
97.1

103.0
92.2
104.3
100.8
106.3
102.5

Printing and publishing
Newspapers
Commercial printing

27
271
275

17.3 ' 113.4
3.6 105.4
9.2 113.6

112.4
104.7
113.4

110.5
102.3
110.8

112.4
101.3
113.5

111.7
100.9
112.7

108.7
102.4
108.2

105.8
100.6
105.4

102.8
96.7
103.3

102.2
94.6
102.8

104.8
94.8
105.6

106.4
98.3
106.7

112.9
107.2
112.2

105.2
100.3
78.0
101.4
100.2
102.0

103.5
98.6
73.8
97.4
97.1
97.6

103.6
97.6
78.1
94.6
95.2
94.3

104.0
98.1
76.8
96.1
102.9
92.7

103.9
98.7
80.5
95.0
103.9!
90.6

106.5
102.2
77.8
105.2
101.9
106.8

101.7
96.8
75.3
96.3
97.7
95.6

103.0
99.4
77.0
99.9
95.1
102.3

103.5
98.6
79.7
97.6
95.1
98.8

105.1
100.5
78.1
101.3
101.7
101.1

104.8
99.0
80.3
95.7
101.7
92.7

Tobacco products

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




171.7
78.9
14.9
38.3
14.0 I
24.3

106.3
101.4
79.4
103.5
98.5
106.0

16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
[
j 1992
I Billion
1987 SIC KWH

Index. 1&82.1 uu

rm?
Jan.

Feb.

Mar.

Chemicals arid Products (cent]
282
Synthetic materials
2821 I
Plastics materials
283
Drugs and medicines
284 I
Soap and toiletries
286
industrial organic chemicals
287 j
Agricultural chemicals

29.2 109.8
18.3 | 118.2
6.7 124.3
3.0 ! 104.9
39.2 108.8
9.7 119,5

109.2
117.9
123.6
100.5
109.0
118.3

Petroleum products

29

47.0

101.5

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

30
301
306 i
308

38.0
4.3
3.2
28.9

Leather and products
Shoes

31
314

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

32
321
322
324 |
325
327

Item

~ ~ rsToi
~ seasonally adjusted

Seasonally adjusted

hw"
Jan. ^ML„

Apr/

r

Mav

JuneP

107.6
116.7
122.0
99.9
111.1
116.8

107.7
119.7
124.4
104.5
111.9
117.1

107.3
119.3
123.5
102.3
114.6
119.4

105.6
117.3
121.8
104.8
113.8
115.9

109.5
117.5
115.7
102.0
109.1
120.2

108.1

110.9

114.5

114.5

108.5

124.1
95.9
112.1
132.0

124.5
101.7
110.9
131.3

121.8
100.7
108.0
128.2

125.3
102.6
110.1
132.2

125.1
103.0
106.8
132.3

92.2
1.0
.3 | 93.8

90.2
91.8

89.1
87.8

93.3
88.1

i 111.0
101.3
101.1
! 115.2
| 118.2
I 107.8

111.1
108.2
100.3
115.8
117.9
106.7

108.7
104.7
101.0
108.2
115.6
108.0

94.0
150.9
57.0 | 105.1
9.9 110.6
66.2
78.8
60.3
64.3
2.7 117.5

97.8
110.8
115.8
80.8
69.1
119.6

33.8
1.5
7.3
9.6
1.4
4.7

Mar.

Apr/

Mavr

JuneP

106.1
114.9
114.6
97.4
106.6
116.5

105.0
115.4
114.4
98.3
110.6
115.5

106.9
120.1
115.9
99.2
111.1
119.0

107.3
119.0
119.9
98.8
114.0
120.0

107.6
119.9
129.2
107.1
112.7
115.6

104.9

102.3

106.1

112.6

111.8

110.6

123.9
103.8
109.0
130.1

114.7
90.4
104.9
121.3

123.0
100.1
110.9
129.6

122.4
100.1
109.3
129.1

124.2
101.8
107.0
131.2

125.3
101.9
107.2
132.9

127.9
106.9
112.9
134.3

91.6
90.3

92.5
88.7

87.4
86.1

89.0
88.8

86.8
83.7

90.8
84.0

89.8
88.6

96.6
93.3

112.7
107.8
104.4
113.3
119.5
109.4

109.8
103.9
101.6
109.4
113.2
108.8

110.5
106.7
99.5
109.6
116.5
109.6

106.2
97.4
97.7
105.1
113.8
105.0

103.9
104.4
99.1
95.1
113.2
101.8

104.1
104.0
100.1
95.2
114.0
104.4

110.6
105.9
103.1
108.1
118.7
108.3

111.4
104.8
102.4
113.9
114.9
109.1

113.4
109.9
101.0
115.7
119.7
111.2

96.4.
109.6.
113.9
79.7
65.4
115.7

97.3
111.6
117.0
78.8
65.7
118.9

97.2
113.9
113.6
76.7
63.6
117.1

98.7
115.4
116.1
78.5
64.7
115.7

95.1
107.4
106.4
80.4
66.0
113.7

96.0
111.1
118.1
76.2
63.5
121.0

98.7
113.6
118.2
80.2
66.2
118.1

98.5
113.5
120.7
79.0
65.8
120.1

98.4
115.8
114.3
77.8
66.3
116.4

98.8
115.0
115.9
79.2
66.1
115.0

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

33
331
332
333
3334
336

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

34
341
342
344
345
346

31.4
2.9
2.7
5.4
1.7
6.7

114.5
112.9
111.5
119.5
115.2
126.6

111.0
111.0
109.7
114.7
114.9
123.9

110.2
108.0
107.8
115.6
113.5
122.8

114.0
112.6
112.1
119,8
117.4
126.9

113.9
117.7
110.6
123.7
113,4
127.7

112.6
111.3
107.2
121.2
117.5
123.6

109.5
108.1
103.9
118.7
108.3
119.3

112.0
109.7
109.1
118.1
115.3
125.9

111.8
109.2
107.5
117.9
114.4
126.8

112.4
112.7
109.3
117.7
114.8
125.9

112.4
116.3
109.2
120.6
112.5
127.4

114.4
114.6
110.3
120.3
119.4
126.9

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

35
351
352
353
354
355
356
357
358

33.2 106.6
2.6- 92.7
2.0
115.7
3.8
114.4
4.1 113.8

107.0
94.3
112.9
113.3
113.1

104.5
91.6
119.2
109.6
111.1

108.7
95.3
123.4
112.7
114.0

107.3
92.6
124.4
114.5
113.6

106.3
97,9
125.4
109.8
111.8 |

100.4
89.6
119.9
107.6
107.0

105.6
94.3
121.7
112.0
112,1

103.3
92,3
127.1
108.1
110.0

105.5
95.4
127.6
108.1
110.6

105.9
93.9
125.9
111.0
111.8

109.6
101.1
125.5
112.6
114.7

5.2
5.1
3.5

105.0
87.1
109.9

108.4
87.0
113.8

104.5
83.7
110.4

107.5
89.6
114.0

106.1
86.2
112.3

105.4
98.4
85.5
82.2
112.8 | 100.1

107.2
84.2
109.5

103.6
81.4
107.6

104.8
85.5
110.9

105.1
84.7
112.8

108.4
88.9
118.2

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

36
361
362
363
364
365
366
367

33.0
1.3
4.0
2.4
3.0
.8
3.3
14.5

119.6
87.3
86.2
104.7
111.9
140.3
115.2
137.4

117.1
86.4
84.6
101.7
112.8
135.3
118.4
134.7

115.6
85.7
82.9
97.5
109.8
130.8
112.3
134.8

119.4
87.5
83.5
103.4
111.5
136.4
113.7
139.1

118.2
87.5
82.2
98.3
110.6
133.7
113.6
138.4

117.5
88.5
83.2
101.2
109.0
131.9
112.7
137.7

112.6
82.8
83.1
97.3
104.6
133.4
107.0
129.7

112.8
84.4
82.3
98.5
111.9
131.0
110.7
128.6

112.6
83.1
81.2
95.5
109.2
128.5
106.9
130.8

115.4
82.7
82.6
99.5
109.4
130.1
109.1
134.7

116.1
84.8
82.2
99.6
111.3
130.4
109.6
135.7

121.5
90.3
85.8
106.6
114.4
133.6
117.5
142.2

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

37
371
372
373

39.6
22.8
10.7
2.2

106.9
118.1
86.9
86.9

107.1
120.3
83.7
86.6

104.9
117.2
82.6
85.0

107.9
121.0
85.3
81.7

107.1
119.8
85.1
87.9

106.2
118.3
84.6
86.4

100.6
110.6
81.9
87.1

104.5
116.6
81.7
88.9

104.1
116.7
80.7
86.1

104.9
117.3
82.7
81.9

106.1
118.7
84.2
85.0

111.2
124.6
88.2
86.7

Instruments
Photographic equip. & supplies

38
386

13.7
1.8

102.0
96.3

101.9
95.8

99.4
90.9

103.1
98.2

101.4
94.0

99.3
90.5

95.9
94.1

97.2
93.7

96.2
92.4

97.5
91.2

97.7
91.5

103.1
91.9

Miscellaneous manufactures

39

4.5

130.3

130.6

126.2

131.4

129.9

128.1

121.3

127.3

123.2

126.3

127.7

132.2

909.8
835.3
98.8

106.4
106.7
97.0

107.0
107.5
99.3

105.7
105.6
99.1

107.7
107.4
102.2

107.1
106.5
104.2

107.1
106.9
102.7

104.0
104.1
103.8

104.0
104.2
95.3

104.1
104.3
100.6

106.1
106.1
100.2

106.6
106.7
100.7

109.0
108.9
99.1

tyPPLEMENTARY GROUPS
Total, excluding nuclear nondefense
Utility sales to industry
Industrial generation




17

Explanatory Note
The statistical release of Industrial Production and Capacity Utilization reports
measures of output, capacity, and capacity utilization in manufacturing, mining, and
the electric and gas utilities industries. The release also includes monthly indexes on
the use of electric power in manufacturing and mining. Data in the release and
historical data are available under statistical releases at http://www.bog.frb.fed.11s,
the Board's World Wide Web site. These data are also available on line on the day of
issue through the Economic Bulletin Board of the Department of Commerce. For
information, call (202) 482-1986. Diskettes containing historical data and the data
published in this release are available from the Board of Governors of the Federal
Reserve System, Publications Services, (202) 452-3245.
Industrial

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries; thereferenceperiod
for the index is 1992. For the period since 1992, the total IP index has been
constructed from 264 individual series based on the 1987 Standard Industrial
Classification (SIC). These individual series are classified in two ways: (1) market
groups (shown in table 1), such as consumer goods, equipment, intermediate
products, and materials; and (2) industry groups (shown in tables 2 and 6), such as
two-digit SIC industries and major aggregates of these industries—for example,
durable and nondurable manufacturing, mining, and utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
fmal products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprise fmal and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript "p" in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript "r" in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990,1985, and 1976.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Department of the Interior, and publications of the Department of Energy. On a
monthly basis, the individual indexes of industrial production are constructed from
two main types of source data: (1) output measured in physical units and (2) data on
inputs to the production process, from which output is inferred. Data on physical
products, such as tons of steel or barrels of oil, are obtained from private trade
associations as well as from government agencies including those listed above; data
of this type are used to estimate monthly IP where possible and appropriate. When
suitable data on physical product are unavailable, estimates of output are based on
either production-worker hours or electric power use by industry. Data on hours
worked by production workers are collected in the monthly establishment survey
conducted by the Bureau of Labor Statistics. The data on electric power use are
described below. The factors used to convert inputs into estimates of production are
based on historical relationships between the inputs and the comprehensive data used
to benchmark the IP indexes; these factors also may be influenced by technological
or cyclical developments. Especially for the first and second estimates for a given
month, the available source data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built as an
annually weighted chain-type index since 1977. The components of IP are combined
using estimates of value added per unit of output. For months from January to June,
the weights are drawn from the year containing the month being estimated and the
preceding year; for months from July to December, the weights are drawn from the
current and following year. The IP proportions shown in column 1 of tables 1 A, 2A,
and 6 are estimates of the industries' relative contributions to overall growth in the
following year. For example, a 1 percent increase in durable goods manufacturing in
1997 would account for an increase in total IP of nearly 1/2 percent.

from the first to the fourth estimates was 0.21 percentage point during the 1987-%
period. In most cases (about 81 percent), the direction of change in output indicated
by the first estimate for a given month is the same as that shown by the fourth estimate.
Rounding. The published percent changes are calculated from unrounded indexes,
and may not be the same as percent changes calculated from the rounded indexes
shown in the release.
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 76 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital input.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. 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 current-period value added per unit of
actual output. The implied proportions of individual industry operating rates in the
rate for total industry for the most recent year are shown in the first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates have exceeded 90 percent only in wartime.
ElectricP&wer
Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry's or group's
usage in 1992. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1992 censuses of those industries. The supplementary group, "Total, less nuclear
nondefense," is shown separately because the value-added proportion for the
nondefense nuclear material series (part of SIC 2819) in total IP is considerably
smaller than its share of total electric power use. Excluding this componentfromtotal
power use facilitates comparisons with total IP.
References
The annual revision published in January, including a description of the aggregation
methods for industrial production and capacity utilization, is described in the Federal
Reserve Bulletin, vol. 83 (February 1997), pp. 67-92. In addition, the most recent
revision to the electric power use data is discussed in that article.
Industrial Production—I986 Edition contains a more detailed description of the
other methods used to compile the industrial production index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The major
revisions to the IP indexes and capacity utilization since 1990 have been described in
the Federal Reserve Bulletin (April 1990, June 1990, June 1993, March 1994,
January 1995, and January 1996). The basic methodology used to estimate capacity
and utilization is discussed in the June 1990 Federal Reserve Bulletin.

Seasonaladjustment Individual series are seasonally adjusted by the X-l 1ARIM A
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1996;
for other series, the factors were estimated with data through at least June 1996. In
some cases, series were preadjusted for the effects of holidays or the business cycle
before using X - l l ARIM A. For the data since 1977, all seasonally adjusted
aggregate indexes are calculated by aggregating the seasonally adjusted indexes of
the individual series.

Release Schedule for 1997

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the first and the fourth estimates was 0.28 percent during the 1987-96
period. The average revision to the percent change in total IP, withoutregardto sign,

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




18