View original document

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

FEDERAL RESERVE statistical release ;
C .5

«

G.17 (419)

For release at 9:15 a.m. (EST)
December 14,1994

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Industrial production rose 0.5 percent in November after a similar gain in October. The increase in output
was broadly based, apart from a decline in production at utilities because of unseasonably mild weather. Motor vehicle
production, which had been lackluster during the first few months of the new model year, increased nearly 3 percent. The
output of business equipment other than motor vehicles again advanced noticeably, and the production of construction
supplies posted a sizable gain. The output of materials also rose sharply, led by gains in the production of parts for motor
vehicles and equipment. Industrial production in November, at 120.2 percent of its 1987 average, was 5.7 percent higher
than it was a year earlier. The substantial growth in output boosted capacity utilization to 84.7 percent, its highest level
since April 1989.
Market Groups
The output of consumer goods rose 0.6 percent in November after declines in each of the two previous
months. The production of durables other than motor vehicles rose 1 percent, an increase mainly reflecting a pickup in
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Percent change

Index. 1987=100
1994
Aug.r

Sept.r

Oct /

Nov.P

93 to
Nov. 94

120.2

.8
.7

-.1
.0

.5
.6

.5

5.7

116.9
113.0
151.2
109.1
123.8

117.4
113.6
152.2
109.9
124.5

.5
.4
1.4
.3
1.2

-.2
-.6
.2
.2
.2

.4
-.2
1.3
.6
.6

.5
.6

121.6
128.3
114.2
99.7
116.7

122.6
129.7
114.6
99.1
114.8

.9
1.4
.4
-.2
-.1

.0
.2
-.2
.2
-1.1

.6
.8
.4
-.4
-.7

1994
Aug.r

Sept.r

Oct.r

Nov.P

119.1
119.1

119.0
119.1

119.6
119.8

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

116.7
113.8
148.9
108.2
122.8

116.4
113.1
149.2
108.5
123.0

Major industry aroups:
Manufacturing
Durable
Nondurable
Mining
Utilities

120.9
127.0
114.0
100.0
118.8

120.9
127.3
113.8
100.1
117.5

Industrial Production
Total index
Previous estimates

Capacity Utilization
Total industry

Average
1967-93

1982
Low

Percent of Capacity
1988-89
1993
1994
High
Nov.
Aug.r




S ept/

O c t/

.7
.8

.6

.8
.4

1.1
-.6
-1.6

4.6
2.7
10.1
8.8
7.4
6.7
8.9
4.2
.9
-1 .6

Capacity
growth
Nov. 93 to
Noy. 94
Nov.P

81.9

71.8

84.9

82.3

84.5
84.5

84.3
84.3

84.5
84.6

84.7

"2.7

81.2
80.7
82.3
87.3
86.7

70.0
71.4
66.8
80.6
76.2

85.2
83.5
89.0
86.5
92.6

81.4
79.7
85.8
87.9
87.0

83.8
82.1
88.3
89.7
87.8

83.6
81.9
88.2
89.8
86.7

83.9
82.1
88.5
89.4
86.0

84.4
82.5
89.2
88.9
84.6

3.0
3.5
2.0
-.2
1.2

Previous estimates
Manufacturing
Advanced processing
Primary processing
Mining
Utilities

Nov.

the output of appliances. The production of nondurable consumer goods has been sluggish in recent months; on balance,
the production of most major categories has changed little. The production of business equipment excluding autos and
trucks rose 0.6 percent, as the output of industrial machinery and information equipment, particularly computers,
increased further; during the past twelve months, the output in this sector has risen 11 percent. The production of
materials advanced 0.6 percent. The most sizable gains were in durables, particularly those related to the motor vehicle
and equipment industries. Among nondurables, the production of paper and textiles rose, while the output of chemicals
was little changed. The output of energy materials was reduced further, in part because of the weather-related decline in
electricity generation.
Industry Groups
Manufacturing output rose 0.8 percent in November to a level 6.7 percent higher than that of a year ago.
Gains in production were most pronounced among durables. Factory utilization was 84.4 percent, up 3 percentage points
over the past year but still about 3/4 percentage point below its recent peak in January 1989. The utilization rate in the
primary-processing industries rose 0.7 percentage point, to 89.2 percent, just a bit above the high reached in January
1989. Lumber, petroleum, nonferrous metals, and rubber and plastics products contributed most to the current gain;
operating rates in all of these industries are above their 1988-89 highs. Utilization for advanced-processing industries
rose 0.4 percentage point, to 82.5 percent, but remains about 1 percentage point below its 1988-89 high. Among
advanced-processing industries, the operating rate for motor vehicles and parts increased sharply. Utilization rates for
industrial and electrical machinery rose significantly as well. Operating rates at utilities fell 1.4 percentage points.
Operating rates at mines also declined last month but were still a bit above those of a year earlier.

NO TICE
An annual revision to industrial production, capacity, and capacity utilization was published on
November 30, 1994. The revision to the production indexes affects data beginning in January 1991, and
incorporates 1992 value-added proportions and revisions to monthly source data and seasonal factors. The
revision to capacity and utilization incorporates the 1992 value-added weights along with new data on physical
capacity measures and investment where available. The capacity revision chiefly affects individual series from
1991 forward; aggregate utilization may be changed slightly for earlier years to accomodate the introduction of
1992 weights.
Diskettes containing either historical data (through 1985) or more recent data (1986 to those most
recently published in the G.17 statistical release) are available from Publications Services, Board of Governors
of the Federal Reserve System, Washington, DC 20551 (202-452-3245). Files containing the revised data and
the text and tables from this release are also available through the Economic Bulletin Board of the Department
of Commerce; for information, call 202-482-1986.
A document with printed tables of the revised estimates of series shown in the G.17 release is
available upon written request to the Industrial Output Section, Mail Stop 82, Division of Research and
Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
November data

Seasonally adjusted

1990

1992

1994

1990

Total industry

1985




1994

Manufacturing
Ratio scale, 1987 production = 100

Ratio scale, 1987 production = 100

90
85
80
75
70
65

1992

1990

1995

1985

1990

1995

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

Seasonallv Adjusted

1992

Item
Total index
Products, total
Final products

Not seasonallv adjusted

Value
added1

Index

June

Julv

A u a .r

Seot.r

O c t.r

Nov.P

June

Julv

A u a .r

Seot.r

Oct.r

Nov.P

100.0

107.6

118.0

118.2

119.1

119.0

119.6

120.2

120.4

116.9

121.9

122.2

121.4

119.5

60.9
46.6

106.5
109.0

115.9
118.4

116.2
118,5

116.7
119.2

116.4
118.9

116.9
119.2

117,4
119.9

118.8
121.1

114.9
115.7

120.8
123.1

121.0
123.5

119.5
122.2

116.2
118.8

28.5
5.5
2.5

113.5
118.0
121.0
118.5
89.6
170.7
123.8
115.4
132.8
103.6
114.2
112.5
110.5
96.3
131.4
105.8
115.5
106.5
119.3

113.3
118.0
119,5
115.0
86.5
166.6
126.6
116.7
129.7
108.4
115.3
112.2
110.6
96.5
131.1
105.2
114.3
105.8
117.8

113.8
120.7
124.9
126.0
91.7
189.0
120.0
117.1
135.1
106.9
114.6
112.2
111.2
95.9
129.8
105.9
113.1
105.8
116.1

113.1
119.2
123,7
122.4
90.1
181.5
123.9
115.4
131.3
104.1
114,6
111.8
112.2
95.5
126.9
105.2
111.4
107.4
113.0

113.0
119.9
124.2
122.3
92.8
175.5
125.8
116.3
129.9
107.4
115.0
111.4
111.7
96.2
126.8
104,0
110.8
108.3
111.8

113.6
122.0
127.5
126.6
94.1
185.8
127.0
117.4
134.4
108.0
114.8
111.7
112.4
95.5
127.5
104.1
110.1
111.5
109.4

116.1
124.6
133.9
137.1
104.3
196.5
124.4
116.7
133.9
106.4
114.5
114.1
114.5
101.0
139.3
105.0
99.3
108.7
95.0

110.2
97.9
86.5
68.4
50.7
100.7
122.9
107.7
110.4
102.5
109.1
113.4
110.5
96.4
142.2
103.7
110.3
107.1
111.5

118.4
121.0
125.6
125.9
88.0
196.4
122.5
117.0
129.1
110.3
115.0
117.9
119.5
100.8
143.0
106.2
105.5
107.4
104.5

118.0
123.2
129.0
128,1
95.2
188.0
128.3
118.4
134.9
107.9
116.7
116.9
120.2
100.4
141.1
105.2
98.8
108.1
94.6

116.0
128.8
138.3
140.4
106.1
202.5
131.0
120.7
136.1
110.6
119.3
112.9
118.6
98.8
129.4
102.0
94.7
110.0
87.9

112.0
121.7
125.6
125.3
94.1
181.8
123.8
118.5
128.1
108.6
119.6
109.7
111.4
94.8
123.3
103.0
106.0
114,7
102.1

1994

1994

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

,9
.7
.9
3.0
.7
.8
1.5
23.0
10.3
2.4
4.5
2.9
2.9
.9
2.1

105.9
102.6
99.9
95.1
77.5
125.6
107.8
1 05 .0
111.5
97.3
106.2
106.9
105.6
96.4
120.2
101.7
108.2
104.6
109.6

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

18.1
14.0
5.7
1.5
4.0
2.6
1.2
1.7
3.4
.5
.2

113.4
124.1
138.6
172.8
105.6
138.4
117.0
104.0
86.5
79.9
94.5

125.8
145.5
173.7
276.5
120.6
136.1
141.7
130.5
71.3
94.2
137.8

126.4
146.9
177.1
282.6
122.1
132.6
138.2
132.6
69.9
93.7
133.3

127.5
148.9
179.7
288.9
122.3
137.9
149.4
133.5
69.2
89.6
134.5

127.9
149.2
180.6
293.7
123.3
136.4
147.6
132.6
68.8
93.9
138.4

129.0
151.2
183.2
299 .4
124.7
137.9
149.2
134.4
68.6
88.3
142.0

129.6
152.2
184.1
305.7
126.3
139.6
151.7
133.8
68.6
86.0
141.3

128.9
150.3
178.5
289.4
123.0
147.3
162.5
133.5
70.4
88.6
149.1

124.2
144.7
182.4
297.4
123.3
104.0
86.6
133.9
68.2
90.6
124.9

130.2
153.0
186.9
310.1
125.9
136.1
147.5
137.0
67.8
90.2
148.3

131.9
154.5
187.1
305.5
128.0
139.7
151.5
138.3
69.2
95.2
146.4

131.8
154.3
186.4
309.7
125.3
148.3
166.2
134.3
68.8
97.3
156.7

129.5
151.1
182.7
295.5
125.6
139.8
148.9
131.3
69.4
98.7
137.1

14.3
5.3
9.0

98.8
95.0
101.3

108.5
106.4
110.1

109.1
107.9
110.0

109.2
108.2
109.9

108.9
108.5
109.3

109.7
109.1
110.3

109.9
109.9
110.1

111.4
112.0
111.2

112.3
110.6
113.5

113.6
111.5
115.1

113.5
112.3
114.4

111.4
112.2
111.1

108.4
108.7
108.3

39.1

109.2

121.2

121.4

122.8

123.0

123.8

124.5

122.8

119.8

123.6

123.9

124.2

124,4

20.6
3.9
7.5
9.1
3.0
8.9
1.1
1.8
4.0
2.0
9.6
6.3

3.3

111.8
107.1
118.3
108.6
110.0
110.2
100.7
111.0
112.7
110.2
103.7
100.5
110.1

130.0
129.2
142.1
120.8
119.6
118.1
104.8
118.4
122.9
116.5
106.7
100.2
119.9

130.9
130.4
143.8
121.1
118.8
118.6
104.8
117.5
123.4
118.6
105.2
100.3
114.9

132.6
133.2
145.2
122.3
119.3
120.3
105.7
122.5
124.8
118.1
106.1
100.9
116.3

133,4
133.8
146.6
122.7
121.0
119.6
105.9
121.5
123.7
118.2
105.9
101.0
115.7

134.7
135.1
149.0
123.2
121.9
120.4
107.2
120.4
124.7
119.7
105.5
100.4
115.7

136.3
136.8
151.0
124.5
122.6
120.9
108.4
121.0
124.8
120.7
104.6
99.6
114.6

132.4
132.2
143.1
123.9
121.4
120.2
107.1
121.3
124.4
119.0
106.5
100.4
118.8

128.6
123.4
141.8
120.4
116.0
116.3
97.9
115.1
122.5
116.3
105.9
99.1
119.4

133.2
132.5
144.3
124.6
117.6
120.6
108.3
121.8
124.0
120.1
107.6
101.1
120.8

135.6
136.9
146.9
126.1
122.3
120.7
107.2
121.7
124.9
119.4
104.0
99.2
113.5

136.1
137.8
148.8
125.4
122.0
122.5
109.9
120.7
125.1
126.5
102.6
98.2
111.3

136.7
138.6
151,7
124.0
121.6
120.6
106.5
121.5
124.9
119.6
103.9
99.7
112.3

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

97.2
95.2
98.3

107.7
107.6
106.0

117.7
117.3
115.4

118.1
117.7
115.5

118.7
118.2
116.4

118.7
118.1
116.2

119.2
118.7
116.7

119.7
119.1
117.3

119.6
119.1
117.6

118.1
117.9
114.0

121.6
121.2
118.9

121.8
121.3
119.3

120.5
120.0
118.4

119.0
118.4
116.6

Consumer goods excluding:
Autos and trucks
Energy

26.9
25.6

106.7
105.7

113.2
113.2

113.2
113.2

113.0
113.8

112.6
113.3

112.4
113.2

112.8
114.0

114.7
117.9

113.1
110.2

117.9
119.8

117.4
120.2

114.4
118.4

111.2
112.7

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.8
12.5

124.7
115.9

145.7
130.0

147.7
131.1

148.8
132.7

149.3
132.6

151.3
134.2

152.2
134.8

149.0
134.1

150.2
127.6

153.4
135.3

154.7
137.3

153.0
136.7

151.2
134.4

Materials excluding:
Energy

29.5

111.3

126.4

127.2

128.8

129.2

130.3

131.6

128.7

124.8

129.3

131.1

131.9

131.7

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

1.6

SPECIAL AGGREGATES

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




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent ch an ge

item

1992Q4
to
1993Q4

Seasonally adjusted
annual rate
1994
1993
Q2
Q4
Q1

Q3r

Seasonallvadiusted
1994
A u a .r Seot.r
O ct. r Nov.P

Not seasonallv adjusted
1994
A u a .r Seot.r
O c t.r Nov.P

Nov. 93
to
Nov. 94

To tal inde x

3.0

5.3

7.1

6.0

5.0

.8

-.1

.5

.5

4.3

.2

-.7

-1 .6

5.7

P r o d u c t s , total
Final p r o d u c t s

2.9
2.8

4.4
4.1

6.7
7.0

4.9
3.5

4.0
3.7

.5
.6

-.2
-.2

.4
.3

.5
.5

5.1
6.4

.2
.3

-1 .2
-1 . 1

-2 .7
-2 .7

4.6
4.3

Consum er goods
D u r a b le
Automotive products
Autos and trucks
Autos
Truc ks
Auto parts and allied goods
Oth er durable Goods
Appliances, T v s , and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
Foods and tobacco
Clothing
Chemical products
Paper products
E ne rgy products
F uels
Utilities

2.1
8.2
11.5
15.5
12.0
19.7
3.3
5.4
14.1
2.6
2.8
.7
-.3
-1 .8
2.3
2.2
2.1
2,4
2.1

3.1
25.4
55.7
94.9
91.7
98.5
-.9
3.9
14.4
-7 .3
5.5
-1 .9
-4 .3
-2 .3
-.3
2.3
.4
12.2
-3 .9

6.8
15.9
35.3
41.4
49.5
33.0
22.6
.2
-1 8 .9
7.8
7.5
4.5
7. 2
-.8
4.5
-3 .3
7.5
-13.1
16.8

2.1
-7.1
-18.6
-26.7
-2 8 .5
-24.7
2.2
5.5
10.2
3.2
4.4
4.6
10.0
9.0
2.7
6.2
-1 3 .3
6.6
-2 0 .0

2.0
6.6
3.2
2.0
--10.7
17.5
5.7
9.9
19.3
10.7
4.8
.8
2.9
-2 .8
-1 .5
-.2
1.2
-3 .8
3.2

.4
2.3
4.5
9.6
6.0
13.5
-5 .2
.4
4.2
-1 .4
-.6
-.1
.6
-.6
-1 .0
.7
-1.1
-.1
-1 .5

-.6
-1 .2
-1 .0
-2 .8
-1 .7
-4 .0
3.2
-1 .5
-2 .9
-2 .6
.0
-.4
.9
-.4
-2 .2
-.7
-1 .5
1.5
-2 .6

-.2
.6
.4
-.1
3.0
-3 .3
1.5
.7
-1.1
3.1
.3
-.4
-.4
.8
.0
-1 .2
-.5
.9
-1.1

.6
1.8
2.7
3.5
1.4
5.9
1.0
1.0
3.5
.5
-.1
.3
.6
-.8
.5
.2
-.6
3.0
-2.1

7.4
23.6
45.3
84.1
73.6
95.0
-.4
8.6
16.9
7.7
5.3
3.9
8.1
4.6
.6
2.4
-4 .4
.2
-6 .3

-.3
1.9
2.6
1.7
8.1
-4 .3
4.8
1.2
4.5
-2 .2
1.5
-.9
.6
-.4
-1 .3
-1 .0
-6 .3
.7
-9 .4

-1 .7
4.5
7.2
9.6
11.4
7.7
2.1
1.9
.9
2.5
2.2
-3 .3
-1 .4
-1 .6
-8 .3
-3 .0
-4.2
1.7
-7 . 1

-3 .4
-5 .5
-9 .1
-1 0.8
-1 1 , 2
-1 0.2
-5.5
-1.8
-5 .8
-1 .8
.2
-2.9
-6 .0
-4.0
-4 .7
1.0
11.9
4.3
16.1

2.7
5.6
6.8
4.7
1.8
8.0
11.4
4.6
2.0
8.1
4.0
2.0
5.9
1.0
.2
-.5
-5 .0
.6
-7 .2

E q u i p m e n t , total
B u sin e ss equipm ent
Information processing & related
Com pu te r and office
Industrial
Transit
Autos and trucks
Other
De fe n s e a n d s p a c e e q u i p m e n t
Oil and gas well drilling
Manufactured home s

3.9
6.9
10.6
33.5
6.0
-2 ,7
13.7
11.8
-9 .8
1.4
15.4

5.7
9.1
6.8
29.7
4.7
25.8
79.5
7.2
-8.1
-1 2 .1
34.3

7.3
10.4
14.5
22.8
7.2
10.2
18.8
4.4
-1 0 .2
11.9
31.7

5.8
8.2
8.2
7.6
14.0
-11.1
-19.8
24.0
-7 .9
13.9
6.0

6.2
11.1
17.9
24.6
8.2
-2 .5
7.3
12.6
--16,1
-6 .6
.8

.9
1.4
1.5
2.2
.1
4.0
8.1
.7
-1 .0
-4 .3
.9

.3
.2
.5
1.7
.8
-1.1
-1 .2
-.6
-.6
4.7
2.9

.9
1.3
1.4
1.9
1.2
1.1
1.1
1.4
-.3
-6 .0
2.6

.5
.7
.5
2.1
1.3
1.2
1.7
-.4
-.1
-2 .6
-.4

4.8
5.8
2.5
4.3
2.1
30.8
70.3
2.3
-.6
-.4
18.8

1.3
1.0
.1
-1 .5
1.7
2.7
2.7
.9
2.0
5.6
-1 .3

-.1
-.2
-.4
1.4
-2.1
6.1
9.7
-2 .8
-.5
2.2
7.0

-1 .7
-2 . 1
-2 .0
-4.6
-5.8
-1 0 .4
-2.3
.8
1.4
-1 2 .5

6.7
10.1
13.3
20.4
10.6
.3
2.5
11.2
- 1 0 .1
-1.4
13.9

3.4
6.2
1.9

5.3
10.5
2.2

5.5
4.6
6.1

9.6
11.4
8.5

5.0
9.6
2.2

.1
.3
-.1

-.3
.2
-.6

.8
.6
1.0

.2
.8
-.2

1.2
.9
1.4

-.1
.7
-.6

-1 .8
-.1
-2 .9

-2 .7
-3 .1
-2 .5

5.8
8.8
4.0

4.6

6.7

7.9

7.7

6.6

1.2

.2

.6

.6

3.2

.3

.2

.1

7.4

7.4
11.5
8.1
5.1
4.4
4.0
.9
5.3
4.3
3.9
-.9
-3 ,0
3.0

11.1
27.4
8.8
6.3
10.8
5.0
-2 .7
5.3
6.3
6.1
-1 .2
-1 .2
-1 .2

11.6
21.6
12.8
6.3
2.7
1.9
4.2
-2.1
6.3
-3 .9
5.0
3.7
7.4

10.1
-2 .0
15.1
12.0
12.4
6.2
6.5
6.5
8.2
1.9
3.3
5.8
-1.1

8.5
8.8
13.3
4.1
-.2
7.4
3.9
9.5
5.0
12.0
1.3
,9
2.1

1,2
2.2
1.0
1.0
.4
1.4
.8
4.3
1.2
-.4
.9
.7
1.2

.6
.4
1.0
.3
1.4
-.5
.2
-.8
-.9
.1
-.1
.1
-.5

1.0
1.0
1.6
.4
.6
1.2
-.9
.9
1.3
-.4
-.6
.0

1.2
1.3
1.3
1.1
.6
.5
1.2
.4
.1
.8
-.8
-.8
-.9

3.6
7.4
1.8
3.4
1.4
3.7
10.6
5.8
1.2
3.2
1.7
2.0
1.2

1.9
3.3
1.8
1.2
4.0
.1
-1 .0
-.1
.8
-.6
-3 .4
-1 .8
-6 . 1

.3
.6
1.2
-.6
-.3
1.5
2.5
-.8
.1
5.9
-1 .3
-1 .0
-1 .9

.4
.6
2.0
-1 .1
-.3
-1 .6
-3 . 1
.7
-.1
-5 .5
1.2
1.5
.9

11.0
10.5
14.7
8.0
6.7
5.2
6.4
3.3
5.5
5.5
1.1
1.5
.5

To tal e x c lu d i n g :
Autos and trucks
Motor vehicles and parts
C om pu te r and office equipment

3.3
3.0
3.1

3.4
2.6
4.8

6.4
5.9
6.8

7.2
7.6
6.0

5.0
5.0
4.5

.5
.4
.7

.0
.0
-.1

.5
.4
.4

.4
.4
.5

2.9
2.8
4.3

.2
.1
.3

-1.0
-1 .0
-.7

-1.3
-1 3
-1.5

5.8
5.7
5.4

C o n s u m e r g o o d s e x c lu d i n g :
Autos and trucks
Ene rg y

1.3
2.1

-1 .2
3.4

4.6
6.7

4.6
4.0

2.0
2.1

-.2
.6

-.4
-.5

-.2
-.1

.4
.7

4.3
8.7

-.4
.3

-2.5
-1.5

-2 .8
-4 .8

2.6
3.6

B u s i n e s s e q u i p m e n t e x c lu d i n g :
Autos and trucks
C om pu te r and office equipment

6.3
3.8

4.1
6.2

9.6
8.6

11.5
8.3

11.5
9.0

.8
1.2

.3
-.1

1.3
1.2

.6
.5

2.1
6.0

.9
1.5

-1.1
-.4

-1.2
-1 .6

10.9
8.4

Ma terials e x c lu d i n g :
Ene rg y

6.4

9.3

8.7

9.0

8.2

1.3

.3

.9

1.0

3.6

1.3

.7

-.2

9.3

Interm edi ate p r o d u c t s
Construction supplies
Business supplies
Materials
D u r a b le
C o n s u m e r parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

.8

.2

S P EC IA L A G G R E G A T E S

Note— Percent changes show n in the first and last col umns are based on seasonally adjusted data.




Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index. 1987=100

Item

SIC

Total index

1992
Value
ad de d1
Index

Not seasonally adjusted

Seasonallv Adjusted
1994
Jun e

Julv

A u a .r

Seot.r

O c t.r

Nov.P

1994
Jun e

Ju lv

A u a .r

Sept.r

O c t.r

Nov.P

100.0

Durable
Lumb er and products
Furniture and fixtures
Stone, clay, and glass products

24
25
32

118.2

119.1

119.0

119.6

120.2

120.4

116.9

121.9

122.2

121.4

119.5

108.0

119.3

119.8

120.9

120.9

121.6

122.6

122.8

118.2

124.2

125.2

124.7

121.9

26.5
59.0

Primary processing
Advanced processing

118.0

85.5

Manufacturing

107.6

104.6
109.7

114.7
121.5

115.3
121.9

116.3
123.1

116.2
123.1

116.9
123.9

118.0
124.7

117.6
125.3

113.9
120.3

117.9
127.2

118.5
128.4

119.5
127.1

117.7
123.9

45.1
2.0
1.4
2.1

109.3
95.8
99.1
95.3

124.6
106.2
111.8
104.4

125.2
106.8
114.0
104.3

127.0
105.5
115.5
105.8

127.3
107.4
112.4
106.0

128.3
106.9
114.8
105.7

129.7
108.8
114.7
106.5

128.1
110.0
113.4
108.1

121.2
105.8
110.4
105.7

128.5
109.8
120.6
110.4

130.4
110.7
118.4
108.6

131.1
112.5
116.3
110.4

129.3
107.1
114.5
107.1

Primary metals
33
Iron and steel
331,2
R a w steel
Nonferrous
33 3 -6 ,9
Fabricated metal products
34
Industrial machinery
and equipment
35
Co mpu ter and office equip.
357
Electrical machinery
36

3.1
1.7
.1
1.4
5.0

101.9
105.1
101.2
97.6
98.8

113.7
118.2
106.3
107.6
110.2

112.7
116.1
104.7
108.0
111.7

113.5
113.0
107.0
113.6
112.4

116.0
118.3
109.9
112.5
112.0

116.5
120.7
109.0
110.9
112.8

117.4
120.5
107.2
113.1
114.0

114.9
120.1
107.0
108.0
113.2

109.1
114.2
102.6
102.2
111.5

111.6
110.6
104.2
112.2
114.9

117.3
119.9
108.8
113.6
115.6

117.5
121.8
109.7
111.7
114.9

116.2
119.9
105.0
111.1
114.7

7.9
1.7
7.3

124.6
172.8
121.9

158.9
276.5
159.5

160.6
282.6
161.5

162.6
288.9
164.1

164.5
293.7
165.1

166.6
299.4
167.3

168.6
305.7
169.6

164.7
289.4
160.8

164.6
297.4
158.0

167.8
310.1
164.8

169.2
305.5
168.3

167.2
309.7
169.8

164.1
295.5
171.3

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

372 - 6 , 9
38
39

9.6
4.8
2.5
4.8
5.4
1.3

105.1
107.4
101.9
103.0
106.3
106.3

107.5
132.2
124.6
83.8
106.8
115.8

105.7
129.6
120.8
82.8
108.5
118.6

109.5
138.1
131.9
82.3
108.7
117.1

108.7
137.1
128.3
81.4
108.0
117.0

109.1
138.2
128.6
81.2
108.6
118.1

110.7
141.4
132.8
81.4
108.9
118.9

113.5
145.1
144.3
83,3
108.1
116.0

89.0
97.1
71.8
81.1
109.7
114.0

107.9
136.4
131.2
80.6
110.2
118.2

110.7
140.8
134.4
81.9
111.5
119.6

114.7
148.8
147.8
82.0
109.6
122.6

110.8
140.3
131.6
82.6
109.0
122.9

Foods
Tobacco products
Textile mill products
Apparel products
Pa pe r and products

20
21
22
23
26

40.5
9.4
1.6
1.8
2.2
3.6

106.5
107.0
96.5
103.9
95.0
108.9

113.4
112.8
95.9
108.7
97.0
116.6

113.6
113.4
93.7
109.4
97.0
116.6

114.0
113.7
96.2
109.0
96.8
120.2

113.8
114.6
97.4
108.2
96.8
118.7

114.2
113.9
98.3
110.8
97.0
118.9

114.6
114.7
96.7
111.1
96.3
119.6

116.8
115.3
104,7
113.8
99.6
119.1

114.7
115.5
79.3
106.9
95.2
114.3

119.2
120.6
106.5
113.8
100.1
120.7

119.3
122.2
104.5
112.2
100.2
118.9

117.4
119.9
110.3
115.3
98.8
121.5

113.6
114.8
96.2
109.2
96.9
118.3

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products

27
28
29
30
31

6.8
9.9
1.4
3.5
.3

97.2
114.7
102.1
115.6
89.0

102.4
124.4
104.5
132.8
85.5

102.1
124.7
104.3
134.5
86.3

101.5
124.7
105.2
134.5
85.5

101.2
123.4
105.3
134.5
85.4

102.0
123.8
105.7
86.6

101.9
124.2
107.9
137.9
86.0

104.2
129.4
109.4
135.3
88.4

106.4
129.5
109.0
129.9
81.5

107.2
131.0
109.9
135.2
87.3

107.3
130.5
109.4
136.6
87.5

102.9
125.3
108.0
138.6
88.4

100.4
121.5
109.8
137.9
87.7

10
12
13
14

6.8
.4
1.0
4.7
.6

98.9
163.8
108.2
93.2
99.0

100.6
162.8
113.4
93.8
105.6

100.1
159.5
108.6
93.9
107.9

100.0
156.6
111.4
93.5
106.6

100.1
159.4
110.7
93.7
106.7

99.7
161.7
110.2
93.0
107.5

99.1
160.1
109.9
92.2
108.7

99.9
167.9
112.2
91.9
113.7

98.0
159.3
100.8
91.6
115.7

100.0
157.3
116.3
91.7
115.2

100.5
161.4
113.9
92.6
115.1

101.7
156.8
114.6
94.3
114.4

101.7
158.8
112.8
94.9
110.8

4 9 1 ,3pt
4 92 ,3pt

7.7
6.1
1.6

111.9
111.7
112.7

121.1
121.4
120.0

119.0
119.0
118.9

118.8
118.4
120.4

117.5
117.1
119.1

116.7
116.2
118.5

114.8
114.4
116.4

113.9
124.1
73.7

120.9
133.8
70.3

118.5
130.9
69.7

110.0
120.1
69.9

104.0
108.0
87.8

109.7
106.9
121.0

80.7
83.8

108.1
106.2

118.6
116.2

119.2
116.6

119.8
117.6

119.9
117.5

120.6
118.2

121.4
119.1

121.4
119.5

119.5
114.8

123.4
120.6

124.3
121.7

123.2
121.2

120.8
118.6

11.6
6.2
5.3
5.0
0.3

11.2
6.0
5.2
4.9
0.3

12.3
6.4
5.9
5.5
0.3

11.9
6.2
5.7
5.3
0.4

11.9
6.4
5.5
5.1
0.4

12.3
6.5
5.8
5.4
0.4

13.6
7.4
6.2
5.9
0.4

6.5
3.4
3.1
2.9
0.2

13.0
6.5
6.5
6.1
0.4

12.6
6.7
5.9
5.6
0.3

13.2
7.1
6 1
5.7
0.4

12.4
6.6
5.7
5.4

37
371

Nondurable

Mining
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals

Utilities
Electric
Gas

136.1

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
C om pu ter and office equipment

Memo: Motor vehicle assemblies1
2
Total
Autos
Tr ucks
Light
Hea vy and medium

0.3

1. Proportion as a share of the value added for the total index.
2. Millions of units at an annual rate.
Note— Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, syn th e tic m a te ria ls, and fe rtilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and g la ss p roducts.
Adv an ced processing manufacturing includes foods, tobacco products, apparel products, printing and p u b lish in g, c h e m ica i p ro d u cts and o th e r a g ricu ltu ra l
chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and comp uter e q u ip m e n t, e le ctrica l machinery/, tra n sp o rta tio n
equipment, instruments, and miscellaneous manufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

SIC

Item

1992 Q4
to
1993Q4

Seasonally adjusted
annual rate
1993 1994
Q4 _ Q1
Q2
Q3r

Seasonallvadiusted
1994
Aua.r Seot.r Oct.r Nov.P

Not seasonallv adjusted
1994
Aua.r SeDt.r Oct.r Nov.P

Nov. 93
to
Nov. 94

Total index

3.6

5.3

7.1

6.0

5.0

.8

-.1

.5

.5

4.3

.2

-.7

-1.6

5.7

Manufacturing

4.2

6.4

7.2

7.3

5.5

.9

.0

.6

.8

5.0

.8

-.4

-2.2

6.7

5.1
3.7

7.8
5.7

4.0
8.6

8.2
6.9

4.5
6.0

.8
1.0

.0
.0

.6
.6

.9
.7

3.5
5.8

.6
.9

.8
-1.0

-1.5
-2.5

6.1
7.0

6.3
5.7
4.5
5.0

11.2
14.8
-7.4
7.3

9.5
2.7
4.9
2.6

7.1
3.9
14.3
10.2

8.0
4.7
12.3
1.4

1.4
-1.2
1.4
1.4

.2
1.7
-2.7
.2

.8
-.4
2.1
-.2

1.1
1.8
-.1
.7

6.0
3.8
9.2
4.5

1.5
.8
-1.9
-1.7

.5
1.6
-1.8
1.7

-1.4
-4.8
-1.6
-3.1

8.9
5.2
9.8
5.5

6.8
8.2
5.9
5.1
4.9

11.8
12.9
6.7
10.5
6.8

3.1
-.6
-12.3
8.3
7.2

14.7
21.5
4.5
6.3
9.6

-1.3
--13.9
5.6
17.8
7.9

.8
-2.6
2.2
5.2
.6

2.1
4.7
2.7
-.9
-.3

.5
2.0
-.8
-1.4
.7

.7
-.2
-1.7
1.9
1.1

2.4
-3.2
1.6
9.8
3.1

5.1
8.3
4.5
1.2
.6

.2
1.6
.8
-1.7
-.6

-1.1
-1.6
-4.3
-.5
-.2

7.7
5.7
.9
10.2
8.0

14.1
33.5
13.1

13.0
29.7
10.6

11.5
22.8
14.0

15.3
7.6
18.5

13.3
24.6
18.5

1.2
2.2
1.7

1.1
1.7
.6

1.3
1.9
1.3

1.2
2.1
1.4

1.9
4.3
4.3

.8
-1.5
2.1

-1.2
1.4
.8

-1.8
-4.6
.9

14.5
20.4
16.9

372-6,9
38
39

.5
14.0
14.9
-14.4
-2.1
3.8

27.1
67.3
94.5
-12.4
-5.1
6.0

13.5
30.2
42.4
-8.2
5.5
7.2

-10.5
-17.8
-26.9
2.1
.8
7.5

-.9
4.9
.4
-9.3
6.9
7.4

3.7
6.5
9.1
-.6
.2
-1.2

-.8
-.7
-2.7
-1.1
-.7
-.1

.4
.8
.2
-.2
.6
1.0

1.5
2.3
3.3
.2
.3
.7

21.3
40.4
82.9
-.7
.5
3.7

2.6
3.2
2.4
1.7
1.1
1.2

3.6
5.7
9.8
.1
-1.7
2.5

-3.4
-5.7
-10.8
.7
-.6
.2

2.0
6.8
4.4
-5.0
3.8
6.8

20
21
22
23
26

1.8
2.1
-15.5
1.4
-1.2
7.2

1.0
-1.2
-25.7
-.9
-1.7
7.9

4.5
2.9
49.5
3.8
1.5
-3.3

7.5
5.8
30.6
7.5
8.9
2.6

2.6
5.2
-6.9
.5
.6
9.2

.4
.3
2.6
-.4
-.2
3.2

-.2
.8
1.2
-.7
.0
-1.3

.4
-.6
1.0
2.4
.2
.2

.4
.6
-1.7
.3
-.8
.6

3.9
4.4
34.2
6.5
5.2
5.6

.1
1.4
-1.9
-1.4
.1
-1-5

-1.6
-1.9
5.6
2.7
-1.4
2.2

-3.2
-4.3
-12.7
-5.3
-1.9
-2.6

4.2
4.1
17.7
5.1
1.9
2.9

27
28
29
30
31

-.2
3.0
2.5
6.0
-4.8

1.5
3.4
8.7
4.5
2.4

1.6
5.8
-8.5
11.5
1.4

10.1
5.0
10.4
9.1
-.3

-1.1
2.1
-5.2
7.8
-2.8

-.6
.1
.9
.0
-.9

-.3
-1.1
.1
.0
-.1

.8
.4
.4
1.2
1.4

.0
.3
2.0
1.4
-.7

.7
1.2
.8
4.0
7.1

.1
-.4
-.4
1.1
.3

-4.1
-3.9
-1.2
1.4
1.0

-2.4
-3.1
1.6
-.5
-.8

2.6
2.9

-.8
.7
-3.3
-.9
2.7

1.4
21.5
23.9
-4.6
5.2

3.7
-2.9
31.0
-1.2
6.6

5.7
-11.6
15.1
4.9
8.6

-2.3
-.5
--13.7
-.3
2.0

-.2
-1.8
2.6
-.5
-1.2

.2
1.8
-.7
.2
.1

-.4
1.4
-.4
-.8
.8

-.6
-1.0
-.3
-.8
1.1

2.1
-1.2
15.5
.1
-.5

.5
2.6
-2.1
1.0
.0

1.2
-2.8
.6
1.9
-.6

.0

.9

10
12
13
14

1.2
-1.6

-2.1

-4.3
-8.3
13.1

11.7
8.8
23.5

-6.7
1.4
-32.6

4.3
.5
20.6

-.1
-.5
1.2

-1.1
-1.1
-1.1

-.7

-1.6
-1.5
-1.7

-2.0
-2.2
-.8

-7.2

491,3pt
492,3pt

1.1
.6
3.2

-8 .2
.4

-5.5
-10.1
25.6

3.5
3.5

3.3
5.8

5.7
6.7

9.3
7.3

5.6
5.0

.6
.9

.0
-.1

.7
.7

3.3
5.1

.7
.9

-.8
-.5

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

24
25
32

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

37
371

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

-.8
-.6

.9

9.7
.3

.6

8.9
-1.0

-3.1

5.2

5.5
-1 .1

-1.6
-1.0

37.7

-3.7

-2 .0

6.7
6.4

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

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




.6
.6

-2.1

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

Item

_________________

S IC

1993
oportion

1967­
1993
Ave.

1973
Hiah

1978­
1980
Hiah

1982
Low

1988­
1989
Hiah

1 9 90­
1991
Low

1993
Nov.

1994
June

Juiv

A ua.r

Sept.r

O ct.r

Nov.P

Total industry

100 .0

81 .9

89 .2

8 7 .3

71 .8

84 .9

7 8 .0

82 .3

84.1

84.1

84 .5

84 .3

84 .5

84 .7

Manufacturing

86 8

81 .2

88 .9

8 7 .3

7 0 .0

8 5 .2

7 6 .6

8 1 .4

83 .2

83 .3

83 .8

83 .6

83 .9

8 4 .4

25 6
61 1

8 2 .3
8 0 .7

92 .2
87 .5

8 9 .7
8 6 .3

66 .8
71 .4

8 9 .0
83 .5

7 7 .9
76 .2

85 .8
79 .7

87 .5
81 .5

87 .7
81 .5

88 .3
82.1

88.2
81 .9

88.5
82.1

89 .2
82 .5

47
1
1
2

3
9
4
2

79.1
83.1
8 1 .7
7 7 .9

8 8 .8
90.1
96 .8
89 .2

8 6 .9
8 7 .6
86 .6
8 7 .0

6 5 .0
60 .9
68 .9
63.1

84 .0
93 .3
86 .8
8 3 .8

7 3 .7
7 6 .3
71 .0
71 .5

8 0 .7
90.2
78 .9
78 .8

82 .7
91 .8
83.1
80 .7

82 .8
92.2
84 .5
80 .6

83 .7
91 .0
8 5 .4
81 .6

83 .7
92 .4
82 .9
81 .7

84.1
91.9
84 .5
81 .4

84 .8
93 .4
84 .2
81 .8

3
1
0
1
0
0

0
7
1
3
1
1

8 0 .0
7 9 .7
7 9 .3
8 0 .8
7 2 .5
8 9 .2

100.6
10 5.8
10 2.7
92 .9
92.1
95 .7

10 2.4
110.4
9 5 .7
90 .5
80 .8
97 .6

4 6 .8
38 .3
35 .2
62 .2
42.1
58 .6

92 .8
95 .7
9 2 .7
8 8 .7
85 .9
100.4

74 .0
72.1
7 1 .4
7 5 .0
7 3 .6
97 .3

87 .5
89 .4
88 .7
85.1
83 .6
83 .0

90 .9
92 .3
90 .0
89 .3
88 .3
77 .7

90 .0
90 .5
88 .9
89 .6
88 .8
77 .4

90 .7
88 .0
90 .9
94 .2
89.1
77 .8

92.6
92.1
93 .6
93 .4
85 .3
78 .2

93 .0
93 .8
93 .0
92 .0
83.8
77 .9

93 .6
93 .6

34

5 3

7 7 .3

87 .8

83 .9

62 .9

8 2 .0

71 .8

79 .7

82 .7

83 .7

84 .2

83 .8

84 .4

85 .2

35
357
36

8 5
2 .2
7 .9

80 .9
8 0 .6
8 0 .4

9 6 .4
90 .9
87 .8

92.1
93 .5
8 9 .4

64 .9
63.1
71.1

84 .0
8 4 .4
84 .9

7 2 .5
64 .5
76 .6

84.5
86.4
84 .2

88 .4
86.5
87 .9

88 .9
87 .3
88 .4

89 .5
88 .2
89 .2

90.2
88 .6
89 .0

90.9
89 .3
89.5

91 .6
90.1
90.1

37
371

7 5 .0
7 5 .7

8 3 .8
93 .4

3 7 2 -6 ,9
38
39

10 .2
5 .4
2 .8
4 .8
5..5
1 .5

7 5 .7
82.1
75 .5

77 .0
89 .9
82 .9

82 .7
93 .0
92 .2
81.1
92 .5
7 8 .7

5 6 .7
44 .5
40.1
66 .9
79 .0
66.1

8 4 .4
85.1
89.1
88 .4
81 .2
80.1

7 0 .2
5 7 .6
5 3 .3
79 .4
7 6 .7
7 3 .5

76.1
85.3
87.5
65 .6
74 .7
73 .8

74 .6
83.1
83 .6
64 .7
75 .5
75 .2

7 3 .3
81.1
80 .8
63 .9
76 .6
76 .7

75 .8
86.1
87 .8
63 .6
76 .6
7 5 .6

75.1
85.2
85.1
62 .9
76 .0
7 5 .3

75.2
85 .5
84 .9
62 .9
76 .4
75 .8

7 6 .3
87 .2
87 .4
63 .0
76 .5
76.1

20
22
23
26
2 6 1 -3
27

39..4
9..3
1..6
2..1
3..2
1..3
6..8

83 .5
8 2 .3
86.1
81.1
8 9 .7
92 .3
8 6 .3

87 .9
8 6 .0
92 .0
84 .2
96 .9
97.1
89 .7

87 .0
8 4 .3
9 1 .7
8 6 .0
94 .2
98 .2
92 .2

76 .9
78 .8
73 .8
78 .9
82 .0
82.1
83 .0

8 6 .7
8 3 .3
92.1
84 .2
94 .8
98.1
9 2 .3

8 0 .4
80 .5
78 .9
75.1
86 .5
89 .6
7 8 .7

82.5
81 .0
88 .5
79 .2
92.6
94 .3
78 .9

84 .0
82 .0
89 .8
81 .2
92 .0
93 .8
80 .8

84 .0
82 .3
90 .3
81.1
91 .8
93.2
80 .4

84.1
82 .4
89 .8
80 .9
94 .6
97 .4
79 .9

83 .8
82 .9
89 .0
80 .9
93.2
95 .8
79 .6

83 .9
82 .3
90 .9
81 .0
93.2
94 .8
80.2

84.1
8 2 .7
91.1
80 .3
93.6
95.0
80 .0

Chem icals and products
28
Plastics materials
2821
Synthetic fibers
2 8 2 3 ,4
Petroleum products
29
Rubber and plastics products
30
Leather and products
31

10. 0
0 .,7
0.,4
1..3
3..4
0..3

8 0 .0
85 .9
8 4 .8
85 .5
8 3 .9
8 2 .0

87 .9
10 2.0
93 .8
96 .7
9 4 .0
8 1 .3

85.1
90 .9
98 .5
89 .5
9 0 .4
92 .4

70.1
63 .4
6 4 .4
68.2
73 .5
78.1

85 .9
97 .0
9 9 .7
88 .5
90 .5
83 .8

78 .9
74 .8
76 .8
8 3 .7
7 8 .4
7 4 .7

80 .9
90 .7
86 .5
92.5
87 .5
82 .0

8 1 .7
97 .0
89 .0
90 .7
89 .9
82 .9

81 .6
97 .9
89 .8
90.5
90 .8
83 .8

81 .4
97 .3
96 .4
91 .4
9 0 .4
83 .2

80.2
95 .7
91.1
91 .4
90.1
83 .2

80 .3

80 .3

92.2
91.8
90 .8
84 .5

93 .7
91.7
84 .0

6..0

9 4 .4
90 .3
9 0 .8
96 .6
9 3 .0
9 3 .7

96 .6
87 .6
9 5 .7
96 .9
104.3
93 .3

80 .6
43 .4
75 .4
82 .5
50 .8
63 .3

86 .5
87 .9
9 1 .4
86.1
6 0 .7
9 0 .0

8 6 .0
80 .6
82 .9
86 .8
53 .6
79 .4

87.9
84 .4
77 .7
90 .7
72 .0
87.2

90 .3
83 .7
86 .8
91 .8
79 .0
89 .2

89 .8
82 .0
83.1
91 .9
78 .6
91.2

8 9 .7
80 .5
85.1
91.5
75 .3
90.1

89 .8
81.9
84.5
91 .7
78 .9
90.2

89 .4
83 .0
84.1
91 .0
74 .2
90 .9

88 .9
82.2
83 .7
90 .3
72 .3
91.9

95 .6
99 .0
93 .2

8 8 .3
8 8 .3
93 .6

76 .2
7 8 .7
70 .8

92 .6
94 .8
85 .5

83 .2
86 .5
68 .3

87 .0
87 .8
83 .9

89 .6
91.4
83 .2

88 .0
89 .5
82 .4

87 .8
89 .0
83 .4

86 .7
87.9
82.5

86 .0
87.1
82.1

84 .6
85 .6
80 .6

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary m etals
Iron and steel
R aw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Com puter and office equip.
Electrical m achinery
T ransportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous

24
25
32

33
33 1 ,2
3 3 3 -6 ,9
3331
3334

Nondurable
Foods
Textile mill products
Apparel products
P aper and products
Pulp and paper
Printing and publishing

Mining
M etalm ining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals

10
12
13
138
14

1..0
4,,1
0,.7
0..5

8 7 .3
78 .2
86 .9
8 8 .0
7 2 .6
84 .2

4 9 1 ,3pt
4 9 2 ,3pt

7 .2
5 .7
1 .6

8 6 .7
88 .8
82 .5

Utilities
Electric
G as

0 .,4

93 .8
83 .8

1. Series begins in 1977.
Note— Prim ary processing m anufacturing includes textile mill products, paper and products, industrial chem icals, synthetic m aterials, and fertilizers,
petroleum products, rubber and plastic products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced
processing m anufacturing includes foods, tobacco products, apparel products, printing and publishing, chem ical products and other agricultural chemicals,
leather and products, furniture and fixtures, industrial and com m ercial m achinery and com puter equipm ent, electrical machinery, transportation equipment,
instruments, and m iscellaneous m anufactures.




8

Table 4
INDUSTRIAL CAPACITY: M ANUFACTURING, MINING, AND UTILITIES

S IC

Item

Percent chanae
Annual rate
D ecem b er to D ecem ber
1967- 1967- 19 751993
1975
1993
Ave.
Ave.
1989
1990
1991
Ave.
1992

C apacity indexes
Percent of 19 8 7 outout

19 93

1993
Nov.

19 94
June

Julv

Aua.

SeDt.

Oct.

Nov.
141.9

T o tal in d u s try

2.8

3.7

2 .4

1.9

1.9

1.9

2.1

2.1

138.2

14 0.3

14 0.6

14 0.9

141.3

141.6

M a n u fa c tu rin g

3.2

3.9

2.9

2.3

2.1

2.1

2.4

2 .4

14 1.0

14 3 .4

14 3.8

14 4.2

144.5

144.9

145.3

2.1
3.8

4 .0
3.9

1.2
3 .7

1.9
2.5

1.7
2.2

1.2
2.6

1.4
2.9

1.4
2.8

12 9.7
146.2

13 1.2
149.1

13 1.4
14 9.5

13 1.6
15 0.0

131.8
150.4

132.1
150.8

132.3
151.3

3.5
1.7
3.1
1.3

3.7
2.9
4.5
2.5

3 .4
1.1
2 .4

.8

2 .4
1.0
2 .7
.4

2.1
.6
2.2
.6

2.5
-.4
.8
.2

2.6
.4
1.7
.5

2 .6
.7
2 .4
1.0

147.7
114.7
132.4
128.1

15 0 .7
115.7
13 4.6
12 9.2

151.2
115.8
134.9
129.4

15 1.6
116.0
135.2
12 9.6

152.1
116.2
135.5
129.8

152.6
116.3
135.9
129.9

153.0
116.5
136.2
130.1

3 3 3 -6 ,9
3331
3334

-.1
-1 .0
-1 .3
1.3
.3
1.4

1.7
.7
.3
3.6
1.8
5.2

-1 .0
-1 .8
-2 .1
.2
-.5
-.5

1.4
2.1
1.7
.3
2 .4
1.2

.6
.8
-.2
.1
.3
.4

-.7
-1 .4
-1 .7
.4
6.5
.6

-1 .1
-2 .4
-2 .7
.7
8.0
.3

-.5
-.8
- 3 .8
-.1
5.1
.5

12 4.7
12 7.4
119.7
12 0.6
157.8
124.9

12 5.0
128.1
118.0
12 0.5
15 9.5
12 5.0

125.1
128.2
117.9
120.5
159.6
12 5.0

125.2
12 8.4
117.7
120.5
15 9.7
12 5.0

125.3
128.5
117.5
120.5
159.9
125.0

125.3
128.6
117.3
120.5
160.0
125.0

125.4
128.8
117.1
120.5
160.1
125.0

34

1.6

3.1

.9

.5

.3

.4

.9

.9

13 2.6

13 3.3

13 3.4

13 3.5

133.6

133.7

133.8

35
357
36

6.4
20 .2
5.5

4.7
12.0
6.1

7.3
2 4 .5
5.2

2.4
8.7
4.3

4.9
15.8
3.5

5.5
15.3
5.9

4.7
15.6
6.6

4 .3
14.3
7.6

174.3
2 9 3 .9
172.2

17 9.9
3 1 9 .8
18 1.3

18 0.7
3 2 3 .7
18 2.7

18 1.6
3 2 7 .6
184.1

182.4
33 1 .5
185.5

183.3
33 5.4
186.9

184.1
339.2
188.3

37
371

2.5
3.1

3.0
4.5

2.3
2 .4

3 7 2 -6 ,9
38
39

1.9
5.2
2.2

1.3
7.6
4.4

2.2
4 .0
1.2

2.8
3.0
2.2
2.7
2.9
1.4

.9
1.4
.6
.6
1.2
1.6

1.4
3.1
1.1
-.3
1.2
1.5

1.5
3.2
2.5
-.3
1.2
3 .7

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

142.6
15 5.3
14 5.4
130.6
14 0.4
150.9

14 4.0
159.1
14 9.0
12 9.7
14 1.6
15 4.0

144.2
15 9.7
149.6
129.5
14 1.7
154.5

14 4.5
16 0.3
15 0.2
12 9.4
14 1.9
15 4.9

144.7
161.0
150.8
129.3
142.0
155.4

145.0
161.6
151.4
129.2
142.2
155.9

145.2
162.2
152.1
129.1
142.4
156.3

20
22
23
26
2 6 1 -3
27

2.9
2.5
2.0
1.3
2 .7
2.4
3.2

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2 .3
.9
.8
2.1
2.1
3.3

2.3
1.1
1.8
.5
2.8
2.2
3.1

2.1
1.4
1.6
.1
3 .0
2 .7
2.9

1.7
1.9
.4
-.4
2.3
2.9
1.1

2.3
2.2
1.3
1.1
1.9
2.2
1.8

2.2
2.2
1.8
-.1
1.6
1.6
1.7

133.2
13 5.9
119.5
119.3
125.5
122.9
12 5.9

13 5.0
13 7 .5
12 1.0
119.5
12 6.8
124.2
126.8

13 5.3
13 7.7
121.2
119.6
12 7.0
124.4
126.9

13 5.5
13 8 .0
12 1 .4
119.6
127.1
12 4 .7
12 7 .0

135.8
138.2
121.6
119.7
127.3
124.9
127.1

136.0
138.4
121.8
119.8
127.5
125.1
127.2

136.3
138.7
122.0
119.8
127.7
125.3
127.3

Chem icals and products
28
Plastics m aterials
2821
Synthetic fibers
2 8 2 3 ,4
Petroleum products
29
R ubber and plastics products
30
Leather and products
31

3.9
6.7
4 .3
1.5
5.6
- 3 .3

6.8
12.7
9.7
4.2
8.6
- 1 .5

2.5
3.8
1.7
.3
4.1
- 4 .2

3.6
6.4
2.5
-.7
3.8
-3 .4

2.5
2.5
1.2
1.0
4 .0
- 3 .5

2.6
1.0
1.5
-1 .0
3.4
- 3 .8

3.6
1.1
5.0
-1 .3
4.5
-2 .3

3.3
1.8
1.5
-.5
4.4
- 2 .8

14 9.2
12 8.5
12 8.6
115.6
14 3.7
10 4.6

15 2.4
13 0.3
13 1.0
115.3
14 7.6
10 3.2

152.8
130.5
13 1.4
115.2
148.2
10 3.0

15 3.3
13 0.8
13 1.8
115.2
148.8
102.8

153.8
131.1
132.2
115.1
149.3
102.6

154.3
131.3
132.6
115.1
149.9
102.5

154.7
131.6
133.0
115.1
150.5
102.3

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.9

-.1
.7
2.5
- 1 .0
2.6

.1
1.8
2.5
-.4
.1
.1

- 1 .8
10.7
2.1
- 3 .8
- 9 .7
.3

-1 .1
4.6
2.1
- 2 .5
- 9 .5
-.1

-.2
2.1
2.1
-.9
-5 .5
-.5

-1 .2
2.5
.9
-2 .3
- 8 .2
.6

- 1 .4
1.6
1.1
- 2 .4
- 9 .4
-.1

111.7
193.8
12 9.8
10 2.7
121.1
118.6

111.5
19 4.5
13 0.7
102.2
119.2
118.4

111.5
19 4.6
13 0.8
10 2.2
119.1
118.4

111.5
194.6
130.9
102.2
119.1
118.4

111.5
194.7
131.0
102.1
119.0
118.3

111.5
194.8
131.1
102.1
118.9
118.3

111.4
194.8
131.3
102.1
118.9
118.3

4 9 1 ,3pt
4 9 2 ,3pt

3.0
4.1
.3

6.0
7.8
2.3

1.5
2.4
-.7

.7
1.0
.1

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

134.2
13 1.7
14 4.0

135.1
13 2.8
14 4.2

135.2
132.9
14 4.3

13 5.4
133.1
14 4.3

135.5
133.3
144.4

135.7
133.4
144.4

135.8
133.6
144.4

P rim a ry p ro c e s s in g
A d v a n c e d p ro c e s s in g
D u ra b ie
Lum ber and products
Furniture and fixtures
Stone, d a y, and glass products
Prim ary m etals
Iron and steel
R aw steel
Nonferrous
Prim ary copper
Prim ary aluminum
Fabricated metal products
Industrial machinery
and equipm ent
Com puter and office equip.
Electrical m achinery
T ransportation equipm ent
Motor vehicles and parts
Autos and light trucks1
A erospace and misc.
Instruments
Miscellaneous
N o n d u ra b le
Foods
Textile mill products
Apparel products
P aper and products
Pulp and paper
Printing and publishing

M in in g
Metal mining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
U tilitie s
Electric
G as
1. Series begins in 1977.




24
25
32

33
33 1 ,2

.8

Table 5A
IN D U S T R IA L P R O D U C T I O N , C A P A C I T Y A N D U T I L IZ A T I O N F O R T O T A L I N D U S T R Y :

H IS T O R IC A L D A T A

Seasonally adjusted
Year

Jan.

Feb.

Mar.

Apr.

M ay

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

In d u s tria l
P ro d u c tio n ,
P e rc e n t
C hange1
1982
1983
1984
1985
1986

- 2 .0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
.4
.2

-.6
1.1
.7
.2
.0

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

-.6
1.8
.4
-.3
.5

-.5
1.4
.5
.2

-.7
1.7
- .1
.5
.1

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

-.3
.2
.0
.4
.7

-.9
.5
-.6
1.0
.6

- 6 .8
5.7
11.2
2.4
2.4

-3 .1
11.1
7.7
3.8
- 3 .4

-6 .0
17.8
4.0
.1
1.3

- 8 .0
11.2
- 3 .4
1.2
5.8

- 4 .4
3.7
9.3
1.7
.9

1987
1988
1989
1990
1991

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

1.4
.2
-.5
.5
-.9

.4
.0
.9
.3
-1 .0

.5
.8
.0
-.7
.5

.6
-.3
-.3
.7
.8

.9
.0
-.3
.2
.9

.4
.6
- 1 .0
-.2
.3

.3
.6
.5
.3
.1

-.2
-.5
-.4
.0
.9

1.3
.3
-.4
-.5
-.1

.1
.6
.4
- 1 .3
.0

.7
.6
.7
-,4
-.4

5.5
3.8
3.9
2.1
-8 .1

8.1
3.0
.3
1.1
1.7

5.2
2.9
- 4 .4
1.6
6.3

6.5
3.0
-.2
- 5 .2
1.5

4.9
4.4
1.5
.0
- 1 .7

1992
1993
1994

-.3
.2
.0

.9
.6
.8

.6
.1
.9

.5
.0
.1

.5
-.2
.5

-.3
.3
.6

.9
.4
.2

-.1
.2
.8

.2
.3
-.1

.6
.1
.5

1.0
.9
.5

.5
.9

.9
5.1
7.1

5.8
.7
6.0

3.4
3.3
5.0

6.2
5.3

3.2
4.1

In d u s tria l
P ro d u ctio n
1982
1983
1984
1985
1986

82 .4
80 .8
91 .0
93.1
96.1

84 .2
80 .7
90 .9
93 .8
95 .5

8 3 .7
8 1 .3
91 .9
94.1
94 .6

83 .2
82 .3
92 .4
94.5
94 .8

8 2 .7
83 .2
93 .0
9 4 .7
9 4 .7

82 .4
83 .7
93.5
94 .4
94 .3

8 2 .0
85 .3
93 .9
94.1
94 .8

81 .6
86 .5
94 .0
94.5
94.9

8 1 .0
87 .9
93 .9
9 5 .0
95 .0

8 0 .3
88 .6
93 .2
94 .2
95 .6

8 0 .0
88 .8
93 .3
94 .6
96 .3

79 .3
89 .2
92 .8
95 .6
96 .8

83 .4
80 .9
91 .3
93.6
95 .4

82 .8
83.1
93 .0
94.5
94 .6

81.5
86.6
93 .9
94.6
94.9

79.8
88.9
93.1
94.8
96.2

81 .9
84 .9
92 .8
94.4
95 .3

1987
1988
1989
1990
1991

96.5
103.2
106.6
105.5
104.0

97 .9
103.4
106.2
106.1
103.1

98 .2
10 3.4
107.1
10 6.4
102.1

98 .8
10 4.3
107.1
10 5.7
102.6

9 9 .4
104.0
106.7
106.5
103.5

100.3
104.0
106.4
106.7
10 4.4

100.6
104.6
105.3
106.5
104.7

100.9
105.2
105.8
106.8
104.8

100.7
104.7
105.4
106.8
105.7

102.1
105.0
105.0
106.3
105.6

102.2
105.6
10 5.4
105.0
10 5.6

102.8
106.3
106.1
104.5
105.2

97 .5
103.3
106.6
106.0
103.1

99 .5
104.1
106.7
106.3
103.5

100.8
104.8
105.5
106.7
105.1

102.3
105.6
105.5
105.3
105.5

100.0
104.4
106.0
106.0
104.3

1992
1993
1994

104.9
110.6
114.7

10 5.8
111.3
115.6

10 6.4
111.4
116.6

106.9
111.4
116.7

107.5
111.1
117.4

107.2
111.5
118.0

108.1
112.0
118.2

108.0
112.2
119.1

108.2
112.5
119.0

108.8
112.7
119.6

109.9
113.7
120.2

110.4
114.7

105.7
111.1
115.7

107.2
111.3
117.4

108.1
112.2
118.8

109.7
113.7

107.6
112.0

C a p a c ity
1982
1983
1984
1985
1986

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116.2
119.4

10 8.3
111.1
113.7
116.5
119.6

10 8.6
111.3
113.9
116.8
119.8

108.8
111.6
114.2
117.1
120.0

109.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
120.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120.8

110.0
112.6
115.3
118.4
121.0

110.2
112.8
115.5
118.7
121.2

110.5
113.1
115.7
119.0
121.4

108.1
110.9
113.5
116.2
119.4

108.8
111.6
114.2
117.1
120.0

109.5
112.2
114.8
117.9
120.6

110.2
112.8
115.5
118.7
121.2

109.2
111.9
114.5
117.5
120.3

1987
1988
1989
1990
1991

121.6
123.9
125.7
128.1
130.5

121.8
124.1
125.9
12 8.3
13 0.7

12 2.0
124.2
126.1
128.5
130.9

12 2.2
12 4.4
12 6.3
128.7
131.1

12 2.4
124.5
126.5
12 8.9
131.3

122.6
124.7
126.7
129.1
131.5

122.8
124.8
126.9
129.3
131.7

123.0
125.0
127.1
129.5
132.0

123.2
125.1
12 7.3
129.7
132.2

123.4
125.3
127,5
129.9
132.4

123.6
12 5.4
127.7
130.1
132.6

123.8
125.5
127.9
130.3
132.8

121.8
124.1
125.9
128.3
130.7

122.4
124.5
126.5
128.9
131.3

123.0
125.0
127.1
129.5
132.0

123.6
125.4
127.7
130.1
132.6

122.7
124.7
126.8
129.2
131.6

1992
1993
1994

133.0
135.8
138.7

13 3.3
136.1
139.0

133.5
136.3
13 9.3

13 3.7
136.5
13 9.7

134.0
136.8
140.0

134.2
137.0
140.3

134.4
137.2
140.6

134.7
137.5
140.9

134.9
13 7.7
14 1.3

135.1
137.9
141.6

13 5.4
13 8.2
141.9

135.6
138.4

133.3
136.1
139.0

134.0
136.8
140.0

134.7
137.5
140.9

135.4
138.2

134.3
137.1

76 .4
73 .0
80 .4
80 .3
80 .6

7 7 .9
72 .8
80.1
80 .7
7 9 .9

77 .3
73 .2
80 .8
80 .7
79.1

7 6 .7
73 .9
81.1
8 0 .9
79.1

7 6 .0
74 .6
81 .5
80 .9
78 .9

75.6
74 .9
81 .8
80 .5
78 .4

7 5 .0
76.1
81 .9
80 .0
7 8 .7

74 .5
77.1
81 .8
80 .2
7 8 .7

7 3 .8
7 8 .2
8 1 .6
80 .4
7 8 .7

7 3 .0
7 8 .7
80 .9
79 .6
79.1

72 .6
7 8 .7
8 0 .8
7 9 .7
79 .4

71 .8
78 .9
80 .2
80 .4
79 .8

77.2
73 .0
80 .4
80 .6
79 .9

76.1
74 .5
81 .4
80 ,7
78 .8

74 .4
77 .2
81 .8
80.2
78 .7

72.4
78.8
80.6
79.9
79.4

75.0
75.8
81.1
80 .3
79.2

1987
1988
1989
1990
1991

7 9 .3
83 .2
84 .8
82 .4
79 .7

80 .3
8 3 .3
8 4 .3
8 2 .7
7 8 .9

80 .5
83 .2
84 .9
8 2 .8
7 8 .0

8 0 .8
83 .8
84 .8
82.1
78 .3

81 .2
83 .5
8 4 .3
8 2 .6
7 8 .8

81 .8
83 .4
83 .9
82 .6
79 .4

8 1 .9
8 3 .8
83 .0
8 2 .4
7 9 .5

82 .0
84 .2
83 .3
8 2 .5
7 9 .4

8 1 .8
8 3 .7
8 2 .8
8 2 .4
8 0 .0

8 2 .7
8 3 .8
8 2 .3
8 1 .8
7 9 .8

8 2 .7
84 .2
82 .5
8 0 .7
7 9 .6

83.1
84 .6
82 .9
80 .2
79.2

80.1
83 .3
84 .7
82 .6
78 .9

8 1 .3
83 .6
84 .3
82 .5
78 .8

81 .9
83 .9
83 .0
82 .4
79 .6

82 .8
84.2
82 .6
80.9
79.6

81.5
83 .7
83 .7
82.1
79 .2

1992
1993
1994

78.8
81 .5
82 .7

7 9 .4
81 .8
83 .2

7 9 .7
81 .7
83 .7

8 0 .0
81 .6
83 .6

80 .3
81 .2
83 .8

79 .9
81 .4
84.1

80 .4
8 1 .6
84.1

8 0 .2
8 1 .6
84 .5

8 0 .2
8 1 .7
8 4 .3

8 0 .6
8 1 .7
84 .5

8 1 .2
8 2 .3
8 4 .7

81 .5
82 .9

79.3
81 .7
83 .2

8 0 .0
81 .4
83 .8

80 .3
81.6
84.3

81.1
82.3

80 .2
81 .7

U tiliza tio n
1982
1983
1984
1985
1986

.1

1 11...
..

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




10

Table 5B
I N D U S T R I A L P R O D U C T I O N , C A P A C I T Y A N D U T I L IZ A T I O N F O R M A N U F A C T U R I N G :

H IS T O R IC A L D A T A

S easonally adjusted
Jan.

Year

Feb.

Mar.

Apr.

M ay

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

-1.6

2.9
.4
.6
.6
-.4

-.7

-1.0

1.4
.9
.7
- 1 .0

1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

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

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
- .1
.2
.3

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

-.4
.5
.0
1.3
.5

-.5
.1
-.4
.1
1.0

-4 .9
10.4
13.3
1.7
4 .6

-2 .8
13.8
6.9
5.1
.1

- 4 .8
17.5
4 .7
1.0
3.5

- 7 .5
12.5
-.3
2.4
7.2

- 4 .6
5.6
10.4
2.6
2.9

.5
.2
.6
.4
-1 .1

.4
.7
.2
-.9
.6

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

.9
.0
-.2
.0
1.0

.4
.5
- 1 .2
-.3
.4

.0
.4
.4
.5
.2

.2
.0
-.4
-.1
1.1

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

.4
.9
.3
- 1 .2
-.1

.6
.6
.2
-.5
-.2

6 .3
3 .6
4 .3
3 .7
-9 .3

8 .6
3 .3
-.3
.2
1.3

5.6
3.0
- 5 .3
1.0
7.6

6.8
4.4
-1 .3
- 5 .5
2.1

6.0
4 .7
1.6
-.3
- 2 .0

.7
.1
1.1

.4
.1
.3

.5
-.2
.5

-.2
.2
.3

.9
.5
.4

.0
.1
.9

.1
.4
.0

.5
.1
.6

1.1
1.1
.8

.4
1.1

2 .4
6.1
7.2

6.0
1.3
7.3

4.1
2.9
5.5

6.0
6.4

3.9
4.5

78.2
77.6
88 .3
91.1
92 .7

77.4
78 .3
88 .7
91 .4
93.5

77 .3
79 .4
89.1
92 .0
93 .6

77 .2
80 .0
89 .7
91 .5
93 .3

76 .8
81 .2
90.1
9 1 .3
93 .9

7 6 .4
8 2 .3
90 .3
92 .0
94 .4

7 5 .9
84.1
90 .2
9 2 .3
9 4 .6

75.2
84 .7
90.2
91.6
95 .3

74.9
85.1
90.2
92.8
95.8

74.5
85 .2
89.8
92.8
96.7

7 7 .9
7 6 .8
8 7 .7
9 0 .5
9 3 .5

77 .3
79 .3
89 .2
91 .6
93 .5

7 6 .4
82 .5
90 .2
91 .9
94 .3

74 .9
85 .0
90.1
92 .4
95 .9

7 6 .6
80 .9
89 .3
91 .6
9 4 .3

In d u s tria l

Production,
Percent
Change1
1982
1983
1984
1985
1986

2.2
2.3
.1
1.3

1987
1988
1989
1990
1991

-.8

1.7
.1
-.9
.9
-.9

1992
1993
1994

-.2
.5
-.3

1.0
.5
.8

-.6
.2
.8

-.1

In d u s tria l
P ro d u c tio n
1982
1983
1984
1985
1986

76.6
76.2
87.1
89 .9
94 .0

1987
1988
1989
1990
1991

96 .2
103.2
107.7
105.5
103.6

97.8
103.4
106.7
106.5
102.7

98 .3
103.6
107.3
107.0
101.6

98 .7
104.3
107.6
106.0
102.1

9 9 .4
104.2
107.1
10 6.6
102.8

100.3
104.2
106.8
106.6
103.9

100.7
104.7
105.5
10 6.3
10 4.4

100.7
105.1
106.0
106.9
104.5

100.9
105.2
105.6
106.8
105.7

102.0
105.3
105.1
106.2
105.5

102.4
106.2
105.4
104.9
105.4

103.0
106.8
105.6
104.4
105.3

9 7 .4
10 3.4
107.2
10 6.3
10 2.6

99 .4
104.2
107.2
106.4
103.0

100.8
105.0
10 5.7
10 6.6
104.9

102.5
106.1
10 5.4
105.1
10 5.4

100.0
104.7
106.4
106.1
103.9

1992
1993
1994

105.1
111.5
115.8

106.1
112.0
116.7

106.9
112.2
118.0

107.3
112.3
118.4

10 7.8
112.1
119.0

107.7
112.3
119.3

108.6
112.9
119.8

108.6
112.9
120.9

108.7
113.4
12 0.9

109.3
113.6
121.6

110.5
114.8
122.6

110.9
116.1

10 6.0
111.9
116.8

107.6
112.3
118.9

10 8.7
113.1
12 0.5

110.3
114.8

108.0
112.9

C a p a c ity
1982
1983
1984
1985
1986

103.9
106.7
109.4
113.1
117.6

104.2
106.9
109.7
113.4
117.9

104.4
107.2
110.0
113.8
118.2

104.6
107.4
110.3
114.2
118.5

104.9
107.6
110.6
114.6
118.8

105.1
107.8
110.9
115.0
119.1

105.3
108.0
111.2
115.3
119.3

105.6
108.3
111.5
115.7
119.6

10 5.8
10 8.5
111.8
116.1
119.9

106.0
108.7
112.1
116.5
120.2

106.3
108.9
112.4
116.9
120.5

106.5
109.1
112.7
117.2
120.8

10 4.2
10 6.9
10 9 .7
113.4
117.9

104.9
10 7.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

10 6.3
10 8.9
112.4
116.9
120.5

105.2
107.9
111.1
115.2

1987
1988
1989
1990
1991

121.2
124.1
126.5
129.4
132.1

121.5
124.3
126.7
129.6
132.3

121.7
124.5
127.0
129.8
132.5

121.9
124.7
127.2
130.1
132.8

122.2
124.9
127.4
130.3
133.0

122.4
125.1
127.7
130.5
133.2

12 2.7
125.3
127.9
130.7
133.5

122.9
125.5
128.2
130.9
133.7

12 3.2
12 5.7
128.4
131.2
133.9

123.4
125.9
128.7
131.4
134.2

123.7
126.0
128.9
131.6
134.4

123.9
126.2
129.2
131.8
134.6

12 1.5
12 4.3
12 6 .7
12 9.6
13 2.3

122.2
124.9
127.4
130.3
133.0

122.9
125.5
128.2
130.9
133.7

12 3.7
126.0
128.9
131.6
13 4.4

122.6
125.2
12 7.8
130.6
133.4

1992
1993
1994

134.9
138.2
141.6

135.2
138.5
142.0

135.5
138.8
142.3

135.7
139.1
142.7

136.0
139.3
143.1

136.3
139.6
143.4

136.6
139.9
143.8

136.8
140.2
144.2

137.1
14 0.4
144.5

137.4
140.7
144.9

137.7
141.0
145.3

137.9
141.3

13 5.2
13 8.5
14 2.0

13 6.0
13 9.3
143.1

13 6.8
140.2
144.2

137.7
141.0

13 6.4
139.7

73.7
71.4
79.6
79.5
80 .0

75 .6
71.5
79 .9
79 .7
79 .4

74 .9
72 .4
80 .3
80 .0
78 .5

74 .0
73 .0
80 .4
80 .0
79 .0

7 3 .7
73 .8
80 .6
80 .3
78 .8

73 .5
74 .2
80 .9
79 .6
78 .4

7 2 .9
7 5 .2
8 1 .0
7 9 .2
7 8 .7

7 2 .3
76 .0
80 .9
79 .5
78 .9

7 1 .7
77 .5
8 0 .7
7 9 .5
78 .9

70 .9
77 .9
80 .5
78 .6
79 .3

70.5
78.1
80.3
79 .4
79.5

70 .0
78 .0
79.7
79.2
80 .0

7 4 .7
7 1 .8
7 9 .9
7 9 .8
7 9 .3

7 3 .7
7 3 .7
80 .6
8 0 .0
7 8 .7

7 2 .3
7 6 .2
8 0 .9
7 9 .4
7 8 .8

70 .5
78 .0
80 .2
79.1
79 .6

7 2 .8
74 .9
8 0 .4
7 9 .5
79.1

1987
1988
1989
1990
1991

79 .3
83 .2
85.2
81 .6
78 .4

80.5
83.1
84.2
82 .2
77 .6

80 .7
83 .2
84 .6
82 .4
76 .6

80 .9
83 .6
84 .6
81 .5
76 .9

81 .3
8 3 .4
8 4 .0
8 1 .8
7 7 .3

81 .9
8 3 .3
83 .7
8 1 .7
7 8 .0

82.1
8 3 .6
8 2 .5
8 1 .3
78 .2

81 .9
83 .8
82 .7
81 .6
78 .2

81 .9
8 3 .7
82 .2
8 1 .4
7 8 .9

82 .6
8 3 .7
81 .7
8 0 .8
7 8 .7

82.8
84 .3
81 .8
79 .7
78 .4

83.1
84 .6
81 .8
79 .2
78 .2

8 0 .2
8 3 .2
8 4 .6
8 2 .0
7 7 .6

8 1 .4
8 3 .5
84.1
8 1 .7
7 7 .4

8 2 .0
8 3 .7
8 2 .5
8 1 .4
7 8 .4

82 .8
84 .2
81 .7
79 .9
7 8 .4

81 .6
8 3 .6
83 .2
8 1 .3
7 8 .0

1992
1993
1994

77 .9
80 .7
81 .8

78.5
80.9
82 .2

78.9
80.8
82 .9

79 .0
80 .8
83 .0

7 9 .3
8 0 .5
83 .2

79 .0
80 .5
83.2

79 .5
8 0 .7
8 3 .3

79 .4
80 .6
83 .8

7 9 .3
80 .8
8 3 .6

79 .6
8 0 .7
83 .9

80 .3
81 .4
84 .4

80 .4
82.2

7 8 .4
8 0 .8
8 2 .3

79.1
8 0 .6
83.1

79 .4
8 0 .7
83 .6

80.1
8 1 .4

7 9 .2
8 0 .9

U tiliza tio n
1982
1983
1984
1985
1986

78.8
76.5 ,
87 .6
90.4
93.6

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




1
1

119.2

Table 6
I N D U S T R I A L P R O D U C T I O N : I N D U S T R Y S U B T O T A L S A N D IN D IV ID U A L S E R I E S
Index. 1987 = 100

S IC

Item

Metal mining

10

Not seasonally adjusted

Seasonallvadiusted

1992
Value
Index
added1

1994
M av

June

Julv

A ua.r

S e c t/

O ct.r
16 1.7

1994
M av

June

Julv

A ua.r

S e n t/

O ct.r

158.8
121.9
165.8
139.1

167.9
129.3
175.2
139.9

159.3
126.8
165.3
150.8

157.3
129.5
162.2
14 8.4

161.4
135.6
165.7
148.7

156.8

101
1 0 2 -4 ,8 ,9
102

.42
.06
.37
.10

163.8
116.3
173.3
141.9

156.4
113.0
165.0
135.4

162.8
118.3
171.5
138.0

159.5
121.1
166.8
153.6

156.6
124.3
162.5
148.6

15 9.4
13 5.5
16 3.3
14 6.6

12

1.03

108.2

111.5

113.4

108.6

111.4

110.7

110.2

106.9

112.2

100.8

116.3

113.9

114.6

13

93.2
93 .8
85 .9
107.5
109.4
79 .9

94.3
92 .7
79 .7
115.3
109.0
94 .6

93 .8
92 .3
79 .2
115.0
111.8
94.2

93.9
92.2
79.0
115.1
113.8
93 .7

93 .5
92 .3
79.1
115.2
114.2
89 .6

9 3 .7
9 1 .7
7 8 .7
114.3
116.9
9 3 .9

93 .0
91 .6
79 .0
117.4
88 .3

92 .2
91 .9
79 .5
113.4
110.2
83 .8

91 .9
90 .7
7 8 .3
112.2
112.3
88 .6

91 .6
89 .9
77 .8
110.9
113.6
90 .6

91 .7
90 .0
78 .0
110.8
114.3
90 .2

92.6
90.2
78.1
111.2
116.2
95.2

94 .3
9 1 .8
7 9 .6

132
138

4 .7 4
3 .9 4
2 .2 9
1.65
.25
.55

119.5
97 .3

14

.57

99 .0

108.1

105.6

107.9

106.6

10 6.7

107.5

112.7

113.7

115.7

115.2

115.1

114.4

20
201

202
2021
2022
2023
2024
2026

9 .4 3
1.13
.43
.29
.40
.01
.96
.01
.27
.20
.13
.36

107.0
114.5
97 .8
119.7
132.9
88 .2
103.8
104.4
12 2.2
102.7
121.9
91.1

112.8
121.5
101.8
125.6
145.2
85.2
110.5
99.6
126.2
128.2
122.4
91.8

112.8
123.5
104.0
127.3
147.4
81.5
109.1
99.5
12 5.3
123.5
121.8
91.6

113.4
123.7
104.9
125.9
148.2
74.8
109.3
100.2
125.0
122.8
125.2
91.8

113.7
124.0
103.1
12 5.7
15 1.7
7 7 .4
110.3
102.4
12 0.8
13 3.3
120.2
92 .3

114.6
12 4.4
105.1
124.9
15 1.0
7 5 .5
114.6
103.5
133.7
139.8
116.5
93 .2

113.9
126.1
10 5.7
129.3
152.1
81 .3
113.4
104.9
128.0
137.6
123.1
92 .8

110.7
119.4
101.4
116.7
146.1
81 .8
121.3
106.8
13 0.8
156.4
140.2
96 .0

115.3
126.0
110.2
117.9
154.3
78 .5
119.0
91 .7
129.6
141.1
155.1
95 .3

115.5
119.4
105.8
110.4
145.7
68 .6
112.1
79 .0
12 2.4
124.4
152.7
92.1

120.6
126.5
108.7
119.8
156.7
75.1
106.8
76 .3
116.4
115.2
140.5
90 .8

122.2
128.0
109.2
128.7
153.8
75 .3
106.4
81.1
129.7
110.0
117.6
91 .0

119.9
133.1
110.5
13 9.3
159.8
8 2 .3
105.2
9 2 .7
12 7.8
114.6
10 6.7
8 9 .6

203
204
205
206
207
208
2 0 8 2 ,3
2 0 8 6 ,7
209
2095

1.32
1.27
1.07
.71
.23
1.74
.64
.87
1.01
.16

108.1
108.9
93 .6
115.8
115.7
107.2
115.2
10 6.4
10 5.7
88 .2

117.7
116.0
100.0
110.7
123.0
112.9
120.0
116.2
109.2
89 .2

116.4
114.1
101.8
114.0
121.8
113.2
118.6
117.6
109.0
89.6

110.4
116.9
103.2
116.8
122.1
114.0
122.2
116.7
113.4
101.8

113.3
115.8
100.1
116.6
127.5
114.0

113.9
115.0
102.5
116.0
127.2
115.6

110.8
114.3
101.6
116.6
127.0
114.8

12 9.4
117.3
10 4.8
138.7
133.2
117.5

118.3
111.8

113.1
114.6
111.9
103.7
113.8
122.0
130.5
130.8
119.0
87 .6

138.6
119.2
112.4
124.6
126.2
122.7

120.7
113.2
87 .8

113.0
114.0
106.6
102.2
119.8
12 2.0
132.7
124.3
110.0
78 .4

133.0
119.2
110.5
112.5
121.4
125.0

118.2
113.4
93 .2

10 8.7
113.0
97 .6
9 5 .6
118.4
116.0
13 4.6
113.1
104.9
82 .4

135.4
122.2
88 .2

136.9
121.8
84 .6

124.5
117.9

Tobacco products

21

1.63

96 .5

98.5

95.9

93.7

96 .2

97 .4

98 .3

92 .6

104.7

79 .3

106.5

104.5

110.3

Textile mill products

22

1.79
.47
.39
.04
.48
.35
.17
.21
.46
.25

103.9
99 .5
99.1
103.5
115.6
115.0
95.2
97 .0
104.0
102.2

108.9
98.6
96.3
111.7
124.1
122.3
87.1
103.2
116.7
113.4

108.7
97.9
95.9
112.4
123.5
121.8
87.6
99.1
118.7
116.3

109.4
98.4
97.0
113.0
123.2
123.1
88.3
106.8
118.0
115.0

109.0
99 .7
9 9 .2
113.4
120.8
122.2
86 .5
103.6
119.4
118.3

108.2
100.8
100.6
114.3
119.7
12 1.8
9 0 .7
9 6 .4
117.9
116.1

110.8
102.3
102.4
115.2
123.2
125.2
91 .9
103.1
118.8
117.5

112.6
102.2
99 .7
111.6
126.1
124.8
90 .4
108.7
121.0
120.6

113.8
100.3
97 .9
113.7
136.3
135.4
89 .5
103.3
121.1
119.3

106.9
90 .7
88 .4
106.3
126.8
129.3
79 .4
112.9
112.8
108.8

113.8
102.2
102.5
114.4
131.8
139.8
91 .4
105.9
121.3
121.4

112.2
100.2
100.6
115.8
132.3
139.1
91 .4
98.2
120.7
119.0

115.3
104.0
105.6
114.5
131.6
13 0.0
95.1
110.4
121.8
121.8

97.1

97.0

97.0

96 .8

96 .8

97 .0

96 .4

99.6

95.2

100.1

100.2

98 .8

106.0
99.0
82.7
111.1
100.3
91.4
135.2

106.2
98 .6
80.9
111.7
100.7
91 .8
137.8

105.5
96 .8
82 .0
111.9
100.6
89 .8
134.5

10 7.4
100.2
8 0 .7
112.7
10 0.7
8 9 .9
13 8.4

105.9
97 .4
79 .9
112.1
101.2
92 .7
138.8

110.0
102.3
84 .3
115.6
103.7
93 .6
149.1

105.8
98 .3
86 .0
111.3
102.2
86.9
124.9

109.8
100.9
88.9
116.4
104.6
92.6
148.3

110.7
103.8
87.9
115.8
103.4
93.1
146.4

112.5
105.3
84 .4
117.8
103.5
92.1
156.7

Iron ore
Nonferrous ores
C opper

Coal mining
Oil and gas extraction
C rude oil and natural gas
C rude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling

Stone and earth minerals
Foods
M e at products
B eef
Pork
Poultry
M iscellaneous m eats
Dairy products
Butter
C h e ese
C oncentrated milk
fro z e n desserts
Milk and misc. dairy products
C an ned and frozen food
Grain mill products
B akery products
S ug ar and confectionery
Fats and oils
B everages
B eer and ale
Soft drinks
Coffee and m iscellaneous
Roasted coffee

131

2 2 1 -4
Fabrics
2 2 1 ,2
Cotton and synthetic
Narrow fabrics
224
Knit goods
225
Knit garm ents
2 2 5 3 ,4 ,7 -9
Fabric finishing
226
Carpeting
227
Yarns and m iscellaneous
2 2 8 ,9
2 2 8 1 ,2 ,4
Cotton and synthetic yarns

Apparel products

23

2 .1 8

95 .0

Lumber and products

24

2 .0 0
.84
.31
1.16
.66
.18
.15

95 .8
94 .3
83 .0
96.8
89.5
86.2
94.5

Logging and lumber
Logging
Lum ber products
Millwork and plywood
Plywood
M anufactured hom es

2 4 1 ,2
241
2 4 3 -5 ,9
243
2 4 3 5 ,6
245

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




12

106.8
98.9
81.0
112.7
100.7
89.4
133.3

16 6.6

10 6.9
97 .3
7 7 .7
113.8
101.0
87 .6
142.0

161.8

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY S U B TO TA LS AND INDIVIDUAL SERIES
Index. 1 9 8 7 = 100
1994
M av

June

Julv

Aua.r

S e c t/

1.37
.63

99.1
97 .4

110.1
103.3

111.8
105.0

114.0
108.9

115.5
107.9

3.5 8
1.53
.15
.89
.49
2 .0 5
.74
1.31

108.9
110.4
109.9
10 9.8
111.8
10 7.7
112.3
105.0

116.7
117.4
110.0
116.6
121.4
116.0
122.6
112.2

116.6
116.5
110.2
114.8
121.9
116.4
124.0
112.3

116.6
116.0
110.9
113.9
121.6
116.6
128.3
110.3

6.7 7
1.63
2 .0 3
3.1 2

97 .2
7 7 .0
102.9
105.6

101.6
7 2 .7
106.8
116.6

102.4
7 3 .0
107.4
117.8

28

9.8 8

114.7

12 4.0

2 8 1 ,2 ,6
281
2812
2816
2819

3.8 4
1.00
.08
.12
.67
.39

113.4
117.1
105.4
114.2
121.1
118.2

282
2821
2 8 2 3 ,4
286

1.27
.78
.38
1.57

2 8 3 -5 ,9
283
284
285
287

29

Item

S IC

25

Furniture and fixtures
Household furniture

251

Paper and products

26

Pulp and paper
W ood pulp
P aper
Paperboard
P aper products
Paperboard containers
Converted paper products

2 6 1 -3
261
262
263
2 6 5 ,7
265
267

Printing and publishing

27

New spapers
271
Periodicals, books, and cards 2 7 2 ,3 ,7
Job printing
2 7 4 -6 ,8 ,9

Chemicals and products
Industrial chem icals and
synthetic materials
Basic chem icals
Alkalies and chlorine
Inorganic pigments
Inorganic chem icals, nec
Acids and other
Synthetic materials
Plastics m aterials
Synthetic fibers
Industrial organic chem icals
Chem ical products
Drugs and medicines
S oap and toiletries
Paints
Agricultural chem icals

Petroleum products

Petroleum refining and misc.
2 9 1 ,9
Miscellaneous petroleum products
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosene
Automotive gasoline
Paving and roofing materials
295

Rubber and plastics products
Tires
O ther rubber products
Plastics products, nec

30
301
3 0 2 ,5 ,6
308

Leather and products

31

Shoes

314

Stone, clay, and glass products
Pressed and blown glass
Glass containers
C em ent
Structural clay products
C oncrete and m iscellaneous

32

322
3221
324
325
3 2 6 -9

Oct.r

1994
M av

June

Julv

A ua.r

S e n t/

O ct.r

112.4
106.7

114.8
108.7

107.8
103.1

113.4
10 7.5

110.4
99.1

120.6
111.8

118.4
111.1

116.3
110.6

120.2
121.4
114.2
120.5
125.5
119.3
126.5
115.4

118.7
119.6
114.5
116.7
126.6
117.6
125.6
113.2

118.9
118.5
114.2
115.2
126.2
118.8
130.7
112.4

113.9
114.5
106.7
113.1
119.9
113.3
12 0.8
109.1

119.1
119.1
110.3
117.7
12 4.8
118.8
126.1
114.8

114.3
114.0
112.4
111.2
119.9
114.3
12 7.9
10 7.0

12 0.7
120.0
111.2
119.3
124.0
121.0
128.9
116.7

118.9
119.5
111.2
117.2
126.5
118.2
127.2
113.3

121.5
119.0
113,0
11
124.2
123.0
14 2.4
112.6

102.1
73 .9
10 5.7
117.6

101.5
74.1
106.8
115.3

101.2
74.1
106.0
115.2

102.0
74.4
104.5
117.9

99 .4
7 1 .8
106.7
112.1

10 4.2
7 4 .4
106.1
12 1.9

10 6.4
7 3 .0
10 5.0
129.1

107.2
71 .2
106.9
130.7

107.3
73 .2
105.5
130.5

10 2.9
7 5 .0
10 1.4
121.6

12 4.4

124.7

124.7

123.4

123.8

12 3.0

12 9.4

129.5

131.0

130.5

12 5.3

124.4
121.6
112.7
118.0
123.4
127.3

123.3
121.8
115.0
128.3
121.3
128.4

123.9
121.6
113.2
118.7
122.7
128.8

125.4
122.1
115.5
126.5
121.7
128.6

124.4
122.7
118.7
127.4
122.1
128.4

125.0
122.3
118.6
120.9
122.9

124.2
120.4
110.5
114.3
122.7
122.9

12 4.9
12 4.4
116.9
13 5.2
12 3.7
132.1

122.7
118.3
114.1
117.3
117.8
12 4.3

124.5
122.7
117.1
123.3
122.9
131.3

125.6
124.4
117.7
127.8
124.5
133.8

125.9
123.7
118.5
114.8
126.3

110.4
112.0
105.9
113.9

125.0
126.1
120.6
126.2

124.2
126.4
116.6
124.0

124.7
127.8
118.0
125.1

128.1
127.3
127.1
125.5

124.3
125.5
120.5
126.0

125.9

12 6.5
128.2
121.1
124.3

123.1
125.9
117.6
125.4

125.9
125.5
12 4.8
124.8

126.2
127.8
121.4
126.2

12 7.7

122.3
126.3

124.8
126.1
120.3
126.4

5 .5 3
2.9 2
1.59
.43
.52

115.2
128.6
109.3
9 5 .0
119.7

123.7
143.7
109.7
102.6
127.2

124.9
145.4
111.9
102.9
127.9

124.8
145.1
111.7
102.9
129.2

123.9
142.3
112.7
103.4
133.0

122.6
141.2
109.0
103.9
131.8

121.9
141.5
106.2
104.3
134.2

121.8
139.5
107.3
114.4
128.4

13 2.8
15 5.7
116.1
12 0.6
127.1

134.5
157.8
120.4
110.3
127.0

13 5.7
157.5
12 3.0
112.0
130.1

133.9
158.2
117.1
10 8.7
13 1.8

124.1
14 5.2
10 7.0
105.9
13 5.0

1.42
1.25
.25
.23
.04
.12
.61
.18

102.1
10 4.3
105.1
10 9.0
10 0.8
10 1.0
103.2
90 .4

107.0
108.2
113.6
122.8
92 .3
105.5
102.5
101.1

104.5
105.9
107.2
12 0.4
90 .4
104.2
101.6
97 .5

104.3
105.0
10 3.7
116.0
95.1
104.6
102.3
100.2

105.2
106.1
104.7
118.2
98.0
113.8
101.4
99.5

105.3
106.4
105.1
119.3
95.3
106.4
103.1
98.9

105.7
106.9
105.9
114.6
85.6
106.2
106.1
99.4

108.4
109.5
119.1
121.7
93 .7
103.7
103.6
102.9

10 9.4
110.2
12 1.3
12 0.5
8 7 .0
10 4.6
10 4.7
106.5

109.0
108.9
118.9
117.7
89 .4
10 7.3
10 3.4
111.0

109.9
110.0
119.9
116.9
9 3 .6
113.0
104.1
110.5

10 9.4
10 9.3
117.5
120.5
91 .4
106.1
103.8
111.5

108.0
107.9
106.5
120.9
82 .8
104.3
106.2
110.4

3.5 0
.39
.58
2 .5 3

115.6
12 0.5
10 5.7
117.3

132.4
135.8
118.9
135.2

132.8
136.4
117.7
136.1

134.5
139.7
120.1
137.2

134.5
126.2
122.9
138.7

134.5
123.2
120.0
139.5

136.1
128.2
119.7
141.1

132.9
138.4
118.6
135.6

13 5.3
13 6.6
12 0.7
13 8.6

129.9
116.3
119.7
134.4

135.2
125.9
126.5
138.5

13 6.6
12 5.0
125.6
14 1.0

138.6
137.6
122.8
142.6

.27
.12

8 9 .0
8 1 .8

85 .9
78.8

85 .5
77 .7

86 .3
76.8

85.5
77.7

85.4
77.4

86.6
77.5

85 .6
79.1

8 8 .4
80 .8

81 .5
74 .2

87 .3
80 .5

8 7 .5
79 .2

8 8 .4
7 8 .4

2.0 7
.35
.18
.13
.10
1.18

9 5 .3
100.2
9 3 .5
9 1 .7
8 7 .8
9 2 .3

105.5
99 .0
91 .8
106.1
104.6
102.0

104.4
102.6
97 .4
104.2
104.2
9 9 .3

104.3
97 .4
89.1
101.6
103.6
101.1

105.8
99.4
90.6
105.2
103.3
101.7

106.0
100.9
93.6

105.7
97.2
88.2

105.7
100.9
9 4 .0
116.4
98.1
100.8

110.4
103.7
95 .6
126.0
108.3
104.4

110.4
101.1
92 .7

102.2
101.8

108.1
10 7.0
10 3.4
12 5.9
10 8.7
10 0 .7

10 8.6
9 9 .7
90 .9

102.6
101.1

107.0
102.4
96 .8
117.8
106.7
101.9

106.8
102.1

108.2
104.7

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




Not seasonally adjusted

Seasonallvadiusted

1992
Value
Index
added1

13

i .2

123.7
12 6.2

Table 6 (continued)
INDUSTRIAL PROD UCTIO N: INDUSTRY SU B TO TA LS AND INDIVIDUAL SERIES
Index. 1987 = 100

Item
P rim a ry m e ta ls
Iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
R aw steel

S IC
33
3 3 1 ,2
331

Seasonallv adjusted

1992
Value
Index
added1

1994
M av

Not seasonallv adjusted

June

Julv

A ua.r

Seot.r

3 .1 0
1.75
1.33
.30
.18
.09

101.9
105.1
106.9
10 2.4
106.9
101.2

114.8
120.9
124.0
107.2
116.1
105.7

113.7
118.2
121.7
106.5
114.6
106.3

112.7
116.1
118.0
103.9
110.6
104.7

113.5
113.0
114.1
104.9
110.2
107.0

108.4
98 .0
93 .6
108.8
93 .4
116.3
99 .0

129.3
127.0
103.8
137.6
108.2
136.1
111.1

126.4
126.6
104.0
131.4
97 .0
133.3
106.9

122.4
117.6
106.0
134.9
84.8
128.9
109.5

O ct.r

1994
M av

June

Julv

A ua.r

S ept.r

O ct.r

116.0
118.3
120.0
105.3
108.9
109.9

116.5
120.7
12 3.4
106.5
111.5
109.0

115.6
121.0
124.1
108.0
116.8
107.4

114.9
120.1
123.3
106.1
113.8
107.0

109.1
114.2
117.2
103.0
110.1
102.6

111.6
110.6
112.2
10 2.9
108.4
104.2

117.3
119.9
121.5
105.0
108.8
108.8

117.5
121.8
123.9
106.6
111.2
109.7

116.9
121.0
94 .0
121.8
91.1
122.4
109.1

124.5
128.4
107.9
137.1
95 .2
127.4
112.8

12 8.7

128.6
134.2
102.6
133.8
105.3
134.0
110.1

121.7
10 1.4
100.7
140.5
92 .9
131.8
10 4.7

115.1
117.1
89 .4
124.2
95.8
120.4
105.3

126.6
131.3
105.9
142.8
93.8
12 9 .8
114.4

129.3

111.6

129.1
136.9
10 3.7
139.3
112.5
132.2
111.0

Steel mill products
C onsum er durable steel
Equipm ent steel
Construction steel
C an and closure steel
M iscellaneous steel
Iron and steel foundries

332

1.03
.16
.11
.11
.05
.61
.41

Nonferrous m etals
Prim ary nonferrous m etals
C opper
Aluminum

3 3 3 -6 ,9
333
3331
3334

1.35
.20
.06
.09

97 .6
117.1
124.8
120.5

106.9
116.5
140.6
97 .4

107.6
118.4
140.9
97.1

108.0
119.2
141.7
96.7

113.6
117.0
142.4
97 .2

112.5
115.7
136.4
97 .8

110.9
114.7
134.1
97 .4

108.5
116.3
13 8.8
97 .7

108.0
117.5
140.4
97 .3

102.2
112.7
133.5
96 .9

112.2
113.2
141.4
96 .6

113.6
115.9
138.4
97.1

111.7
116.2
134.6
97 .6

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

3 3 5 ,6
33 5
3 3 5 3 -5
336

.96
.73
.28
.23

89.2
89 .0
88 .5
89 .9

100.3
98.9
93 .7
104.8

100.6
98.8
95 .7
106.4

100.2
98.0
90.7
106.9

108.1
107.9
114.8
108.7

107.0
105.7
110.0
110.8

105.2
103.5
98 .9
110.8

102.1
101.2
98 .6
105.0

101.1
99.1
94.9
107.2

94 .9
92 .5
86 .9
102.7

107.2
107.3
114.4
106.9

107.8
106.7
109.1
111.2

105.6
103.6
99 .6
111.8

34
F a b ric a te d m e ta l p ro d u c ts
341
M etal containers
H ardw are, tools, and cutlery
342
3 4 2 3 ,5 ,9
H ardw are and tools
344
Structural m etal products
O ther fabricated m etal products 3 4 5 - 9
3 4 5 -7
Fasteners, stampings, etc.

5 .0 2
.22
.54
.47
1.28
2 .7 9
1.55

98.8
107.9
94 .3
92.2
94 .8
101.2
102.8

110.0
106.9
103.0
101.1
105.6
114.2
119.1

110.2
108.7
102.8
100.8
106.4
114.1
118.5

111.7
106.6
104.6
102.0
107.6
116.0
121.6

112.4
110.8
103.4
101.3
107.6
117.4
123.1

112.0
108.8
102.0
99 .7
107.9
116.9
122.3

112.8
110.5
102.3
100.0
109.0
117.5
122.7

109.8
120.6
100.9
98 .8
104.3
114.1
119.4

113.2
129.5
105.0
103.3
107.8
116.6
122.9

111.5
117.4
105.4
103.7
109.0
113.9
120.5

114.9
129.9
107.4
105.6
110.2
118.2
125.7

115.6
114.7
107.6
105.7
111.0
119.7
127.4

114.9
100.0
105.1
102.8
112.0
119.9
126.8

In d u s tria l m a c h in e ry
a n d e q u ip m e n t
35
Engines and turbines
351
Farm
352
Construction and allied
353
Metalworking
354
Special industry m achinery
355
G eneral industrial m achinery
356
Bearings and gears
3 5 6 2 ,6 ,8
Equipm ent
3 5 6 1 ,3 -5 ,7 ,9
Com puter an d office equip.
357
Service industry m achines
358
M iscellaneous m achinery
359

7.91
.45
.44
.76
.99
.69
1.07
.31
.76
1.72
.80
.99

124.6
99.9
114.3
99 .6
106.0
102.7
109.0
96 .0
115.3
172.8
106.7
112.4

157.7
117.6
153.8
118.0
127.1
123.9
115.8
98 .0
124.4
27 1 .6
135.4
127.0

158.9
120.3
154.0
116.0
126.4
124.0
116.7
98.1
125.7
27 6.5
138.8
127.4

160.6
117.0
156.8
118.6
129.0
125.4
115.5
98.3
123.7
28 2.6
141.9
126.0

162.6
117.8
154.3
119.8
129.5
126.6
115.5
99.5
123.2
2 8 8 .9
145.0
128.4

164.5
117.5
159.7
120.9
130.3
127.3
117.6
99 .3
126.3
2 9 3 .7
147.0
128.1

166.6
118.2
157.8
122.8
132.1
129.8
119.3
100.1
128.6
2 9 9 .4
149.8
127.9

157.6
117.7
159.9
118.7
123.6
123.8
114.0
97.5
121.9
2 6 9 .7
144.1
123.1

164.7
119.4
154.4
118.3
130.2
124.3
119.8
98 .8
129.8
2 8 9 .4
153.7
132.1

164.6
116.1
145.5
117.5
134.6
121.5
117.6
95.2
128.4
2 9 7 .4
149.3
132.7

167.8
113.9
141.9
118.2
139.0
124.1
120.0
96.9
131.1
310.1
142.9
139.7

169.2
117.4
152.0
120.5
139.3
127.9
123.6
99.1
135.4
30 5.5
145.6
136.9

167.2
118.8
151.2
122.8
133.0
129.4
119.4
99.3
129.0
3 0 9 .7
141.0
129.6

114.8

E le c tric a l m a c h in e ry
M ajor electrical and parts
Electric distribution equip.
Household appliances
Cooking equipm ent
Refrigerators and freezers
Laundry
Miscellaneous
Electrical housew ares
A ppliances, nec

36
3 6 1 ,2
361
363
3631
3632
3633
3 6 3 4 ,5 ,9
3634
3639

7.3 0
.94
.31
.47
.07
.10
.09
.21
.08
.06

121.9
103.2
98 .7
106.6
95 .7
112.4
108.3
107.5
98 .5
102.3

156.5
108.8
101.8
122.7
117.3
125.9
114.3
127.1
109.4
115.9

159.5
111.5
106.3
124.2
117.1
127.7
119.8
127.5
109.3
119.6

161.5
112.4
110.0
130.8
126.6
135.8
133.9
129.1
111.2
126.9

164.1
114.0
107.5
131.6
112.1
163.4
128.5
126.3
110.5
122.3

165.1
112.6
105.9
126.6
125.0
134.6
122.5
125.8
110.8
120.4

167.3
112.8
102.6
120.1
107.0
114.4
120.3
127.7
113.4
121.7

155.3
106.7
98.2
124.6
119.4
143.9
118.3
120.9
106.7
115.6

160.8
115.3
110.1
127.3
113.2
145.9
122.3
126.6
109.4
123.8

158.0
115.6
111.6
115.4
100.9
133.3
98 .2
120.6
104.8
101.9

164.8
119.3
116.5
128.3
114.1
135.9
130.0
129.6
111.5
119.4

168.3
118.0
113.6
131.1
125.1
140.5
123.2
133.0
118.6
120.2

169.8
113.4
105.3
130.1
127.7
122.6
130.2
134.5
124.5
132.8

Audio and video equipm ent
C om m unication equipm ent
Electronic com ponents
Misc. electrical supplies
S torage batteries

365
366
367
369
3691

.21
1.61
2.71
.68
.11

128.4
122.4
146.4
109.9
92 .7

131.0
152.0
22 0 .3
132.0
105.5

147.2
151.8
22 5 .0
131.8
109.6

120.7
152.2
23 0.8
135.1
119.6

133.7
155.9
235.1
131.6
98 .4

131.4
156.7
2 3 9 .2
135.7
121.3

137.2
159.0
2 4 4 .5
135.8
115.7

133 1
150.4
2 1 9 .7
128.2
90 .2

140.7
152.9
2 2 5 .9
131.3
105.4

100.1
150.1
2 2 6 .2
129.5
110.6

148.6
154.8
234.1
133.5
108.8

156.3
156.3
239.1
142.2
148.2

154.1
159.1
24 5 .9
141.5
135.8

T ra n s p o rta tio n e q u ip m e n t
M otor vehicles and parts
Autos
Trucks and truck trailers
Trucks and buses
C on sum er trucks
Business vehicles
M otor vehicle parts
M otor hom es

37
371

3714
3716

9.6 4
4 .8 2
1.56
1.28
1.22
.71
.51
1.93
.04

105.1
107.4
89 .5
121.1
123.1
125.6
120.1
114.4
87 .8

107.6
131.6
102.8
159.5
162.2
168.0
154.9
139.7
126.5

107.5
132.2
101.9
164.4
166.2
170.7
160.5
138.9
134.6

105.7
129.6
98.4
159.6
162.9
166.6
158.3
138.7
131.0

109.5
138.1
104.3
178.0
182.7
189.0
174.7
143.9
122.9

108.7
137.1
102.5
174.2
177.9
181.5
173.4
145.2
135.8

109.1
138.2
105.6
170.5
173.9
175.5
172.0
146.9
146.1

112.7
143.1
117.4
178.5
18 2.4
190.1
17 2.4
14 3.0
130.8

113.5
145.1
118.6
186.7
189.7
196.5
181.1
141.9
135.7

8 9 .0
97.1
57 .7
102.8
102.9
100.7
106.0
130.0
136.0

107.9
136.4
100.1
183.1
188.0
196.4
177.3
140.6
122.1

110.7
140.8
108.2
177.7
181.4
188.0
172.9
146.8
132.1

114.7
148.8
120.6
191.1
195.5
20 2.5
186.5
146.3
154.7

3 7 2 -6 ,9
372
373
3 7 4 -6 ,9

4 .8 2
2 .9 5
.51
1.36

103.0
108.3
97.2
95 .2

84.6
79 .0
93.1
92.1

83 .8
78 .2
92.8
91 .4

82.8
77.1
93.2
90.0

82 .3
7 6 .6
9 3 .0
89 .4

81 .4
75 .7
92.8
88 .7

81 .2
75 .4
91 .8
88 .5

83 .6
77 .8
94 .0
90 .9

8 3 .3
77 .7
92 .5
90 .6

81.1
75 .2
92 .0
88 .8

80 .6
74 .9
90.4
87 .9

81 .9
76 .5
91 .7
88 .9

82 .0
75 .4
92 .3
91.1

A erospace and m iscellaneous
transportation equipm ent
Aircraft and parts
Ships and boats
Railroad and m iscellaneous

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




14

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY S U B TO TA LS AND INDIVIDUAL SERIES
Index. 1987 = 100

Item

S IC

Not seasonally adjusted

1992
Value
Index
added1

1994
M av

June

Julv

Auq.r

SeotS

Seasonallvadiusted
O ct.r

1994
M av

June

Julv

Auo.r

S eot.r

O ct.r

38
3 8 1 -4
38 4

5.3 7
4 .3 4
1.55

10 6.3
106.4
137.5

106.4
106.9
153.4

106.8
107.5
156.5

108.5
109.2
163.0

108.7
108.8
162.6

108.0
108.0
160.2

108.6
108.9
161.5

104.6
10 4.8
14 8.7

108.1
10 8.8
16 2.6

10 9.7
111.0
17 4.3

110.2
111.1
17 4.4

111.5
112.2
174.8

109.6
110.1
167.0

M is c . m a n u fa c tu re s
C onsum er goods
Business supplies

39
3 9 1 ,3 ,4 ,6
3 9 5 ,9

1.32
.67
.65

10 6.3
105.2
107.5

115.4
109.8
121.5

115.8
109.8
122.2

118.6
112.4
125.1

117.1
110.7
124.0

117.0
110.4
124.0

118.1
111.3
125.4

114.8
10 9.0
120.8

116.0
10 9 .3
12 3.2

114.0
10 5.2
12 3.3

118.2
110.7
126.1

119.6
112.8
126.9

122.6
117.0
128.6

E le c tric u tilitie s
Generation
Fossil fuel
Hydro and nuclear

4 9 1 ,3 p t

6.1 4
2 .6 3
1.32
1.31

111.7
111.3
103.6
121.4

116.2
114.1
107.7
122.8

121.4
119.0
118.8
120.4

119.0
115.6
107.8
12 5.9

118.4
116.6
108.6
127.0

117.1
116.2
106.0
129.3

116.2
115.3

10 7.3
108.2
9 7 .7
12 1.6

124.1
12 5.5
123.1
12 9.6

133.8
12 8.8
12 4.4
13 5.3

13 0.9
126.8
12 3.0
13 2.6

120.1
114.8
108.6
123.1

108.0
103.9

3.51
1.43
2.0 8
1.21
.87

112.0
109.9
113.4
112.8
114.2

117.8
116.9
118.5
118.5
118.3

123.1
124.9
121.8
124.0
118.6

12 1.5
122.2
12 0.9
123.0
117.9

119.8
118.5
120.6
121.5
119.3

117.8
114.9
119.8
119.3
120.4

116.9

12 3 .0
118.5
12 6.2
12 8.8
12 2.5

13 7.5
14 5.9
13 1.4
138.1
122.1

13 3.9
13 6.3
132.1
13 6.3
12 6.3

12 4.2
120.3
126.9
129.2
123.4

111.1

119.2

10 6.7
9 4 .7
115.2
112.8
118.4

119.7

1.57
.64
.28
.46

112.7
108.7
115.4
114.5

114.1
108.8
123.6
114.1

120.0
106.7
131.9
127.2

118.9
108.1
134.8
121.6

120.4
110.5
129.0
124.3

119.1

118.5

8 6 .5
6 9 .5
8 7 .9
98 .2

7 3 .7
4 3 .4
7 0 .6
9 7 .3

7 0 .3
3 5 .9
69 .2
9 6 .4

6 9 .7
3 4 .4
6 4 .5
9 7 .8

69.9

87 .8

in s tru m e n ts
Scientific and medical
Medical instruments

S ales
Residential
Nonresidential
Com m ercial and other
Industrial
G a s u tilitie s
Residential
C om m ercial and other
G as transmission

4 9 2 ,3 p t

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

T a b le 7
IN D U S T R IA L P R O D U C T IO N : G R O S S V A L U E O F P R O D U C T S
Billions of 1987 dollars at annual rates, seasonally adjusted
1987

1993

1993
Q2

Q3

Q4

1994
Q1

Q2

Q 3r

1994
June

July

Aug.r

S e p t/

O c t/

Nov.P

1707.0

1907.2

1890.1

19 08.5

19 44.8

1975.9

1993.0

2 0 1 3 .3

2 0 0 2 .5

2002.1

2 0 2 0 .2

2 0 1 7 .8

2 0 2 5 .7

2 0 4 0 .8

1314.6

1500.9

1 4 86.7

1 5 01.3

15 31.7

1556.9

1564.2

1580.3

1571.1

1 5 69.3

1 5 86.6

1585.1

15 90.5

1 6 04.6

C onsum er goods
Durable
Automotive products
O ther durable goods
Nondurable

8 6 6 .6
226.1
114.9
111.2
64 0 .5

951.1
2 5 4 .8
126.7
128.1
69 6 .3

942.1
2 4 9 .7
123.5
126.2
6 9 2 .5

94 9.9
2 5 1 .0
120.6
130.3
69 9 .0

96 4.9
266.1
135.9
130.2
6 9 8 .8

9 7 7 .8
2 7 4 .7
146.4
12 8.3
703.1

97 8.7
26 8.5
138.7
129.8
71 0.2

98 3.2
271.1
139.9
131.2
712.1

98 3.0
26 9 .6
137.7
131.9
71 3.5

9 7 9 .0
2 6 6 .7
135.5
131.2
7 1 2 .3

9 8 7 .3
2 7 5 .5
143.2
13 2.3
711.7

9 8 3 .3
2 7 1 .0
14 1.0
12 9.9
7 1 2 .4

98 3 .0
2 7 2 .0
141.3
130.7
7 1 0 .9

992.1
2 7 8 .3
145.5
132.9
7 1 3 .8

Equipm ent, total
Business and defense
Business
D efense and space

4 4 8 .0
4 3 0 .5
3 3 5 .4
95.1

5 4 9 .8
5 3 2 .8
4 6 0 .9
71 .9

5 4 4 .6
5 2 8 .6
4 5 5 .9
72 .7

5 5 1 .4
53 3 .8
46 2 .8
71 .0

5 6 6 .7
54 8 .9
4 7 9 .5
69 .4

579.1
5 6 0 .4
4 9 3 .0
67 .4

58 5.5
56 6.4
49 9.9
66.5

597.1
57 8.2
51 4 .4
63 .7

588.1
56 8 .8
503.1
65 .6

5 9 0 .3
5 7 1 .3
507.1
64.1

5 9 9 .3
5 8 0 .7
5 1 7 .0
6 3 .7

6 0 1 .8
5 8 2 .4
519.1
6 3 .3

6 0 7 .5
5 8 8 .6
5 2 5 .5
63.1

6 1 2 .4
5 9 3 .8
5 3 0 .8
6 3 .0

39 2 .5
162.7
22 9 .8
60 .3

4 0 6 .4
161.6
2 4 4 .7
67 .8

4 0 3 .4
159.0
2 4 4 .4
67 .3

40 7 .2
162.4
24 4 .8
67 .5

413.1
166.6
2 4 6 .5
6 8 .0

4 1 9 .0
168.4
25 0 .6
70 .0

42 8.8
173.1
2 5 5 .7
70 .3

43 3 .0
176.4
25 6 .6
70 .8

43 1 .4
173.8
25 7 .7
71 .5

4 3 2 .9
17 5.8
257.1
7 1 .2

4 3 3 .5
17 6.0
2 5 7 .5
71.1

4 3 2 .7
17 7.3
2 5 5 .3
7 0 .0

4 3 5 .3
177.9
2 5 7 .4
69 .6

4 3 6 .3
179.5
2 5 6 .8
68 .5

Item
P ro d u c ts , to ta l
F in al p ro d u c ts

In te rm e d ia te p ro d u c ts
Construction supplies
Business supplies
Com mercial energy products

T a b le 8
D IF F U S IO N IN D E X E S O F I N D U S T R I A L P R O D U C T I O N
Percent
Year
O n e M o n th E arlier
1992
1993
1994
T h re e M o n th s E arlier
1992
1993
1994
S ix M o n th s E arlier
1992
1993
1994

Jan.

Feb.

Mar.

Apr.

M av

June

July

Auq.

Sept.

Oct.

Nov.

Dec.

47 .2
60.8
47 .8

58 .0
60 .4
58 .0

60 .4
47 .5
69 .0

4 9 .4
5 1 .0
5 5 .5

60 .8
4 8 .2
6 6 .7

48.6
56.5
56 .5

57 .6
57 .3
58 .0

51 .0
54 .9
51 .8

5 3 .7
5 5 .3
4 7 .6

5 4 .5
5 2 .9
6 1 .0

6 4 .7
61 .2

50 .2
62 .0

52 .0
59.2
62 .0

56 .0
61 .6
59 .2

5 8 .7
59 .2
6 4 .3

62 .0
5 0 .6
67 .8

61 .2
4 4 .3
7 1 .8

53 .3
53 .3
64 .7

62 .0
58 .0
65 .5

52 .9
60 .0
60 .4

5 7 .6
5 6 .5
6 2 .4

4 6 .7
5 5 .7
6 1 .2

6 4 .7
5 8 .4

59 .2
66 .7

57.5
58.8
60 .0

59.1
70 .6
66 .3

58 .7
63.1
71 .8

61.1
63 .9
67 .8

6 4 .3
56 .9
7 1 .0

60.7
58.4
66.3

6 5 .9
5 8 .0
72 .9

62 .7
52.5
69.4

5 8 .4
56.1
67.1

6 0 .8
6 2 .4
6 6 .3

6 3 .5
6 4 .3

60 .4
69 .0

Note— T h e diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, th ree, or six m onths) plus o n e -h a lf
the percentage that w ere unchanged.




15

Table 9
E LE C TR IC POWER USE: M ANUFACTURING AND MINING
Index. 1987 = 100
1994
M av

June

Julv

8 5 0 .7

113.7

113.8

113.8

7 7 6 .5
3 5 1 .3
4 2 5 .2
7 4 .2

114.1
107.6
119.9
107.2

114.0
108.3
119.1
111.2

101
102

14.6
6.3
4 .8

127.6
111.4
136.4

12

13.4

13

1 9 87 S IC

Total
MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
M in in q

INDUSTRY GROUPS a n d S E R IE S
Metal m in in g
10
Iron ore
C o p p er ore

Coal mining
Oil and gas extraction

Not seasonallv adjusted

d
Z
J
<

Item

Seasonallvadiusted

19 87
Billion
KWH

SeDt.r

Oct.P

1994
M av

June

Julv

A ua.r

S e n t/

Oct.P

115.4

115.6

115.5

113.3

116.1

115.1

119.8

119.5

117.4

114.1
108.2
119.4
110.2

115.7
109.5
121.3
111.6

115.9
10 9.4
12 1.6
111.4

115.9
10 9.4
12 1.6
110.4

113.7
10 7.6
119.2
10 7.4

116.6
110.5
122.0
109.2

115.8
109.2
12 1.6
10 5.5

120.5
112.9
127.3
109.8

120.1
112.8
126.6
110.9

117.9
111.0
124.0
110.6

140.1
117.4
155.0

136.4
119.0
147.4

138.1
112.9
155.4

145.1
13 7.3
145.0

143.0
134.8
146.2

132.4
120.1
136.3

138.7
117,1
152.4

13 6.7
120.8
148.0

140.0
121.6
150.1

145.5
134.7
149.1

144.1
139.7
145.0

104.5

104.7

104.3

103.9

10 2.6

101.4

100.0

96 .6

8 4 .7

95 .5

95 .7

98 .6

C ru de oil and natural gas
Natural gas liquids

131
132

3 3 .0
2 7 .7
3 .7

97.9
100.0
76 .3

99.3
100.8
87 .3

100.7
102.5
89 .6

10 2.4
103.9
86.1

98 .8
10 1.4
8 1 .8

99 .4
10 1.4
9 1 ,0

97.1
98 .6
79 .4

99 .2
100.4
89 .6

100.2
101.2
90 .8

100.1
101.3
84 .8

99 .9
101.2
82 .6

99 .5
101.5
8 6 .7

Stone and earth minerals

14
142
144
147

12.3
3.5
2.9
3 .9

110.8
138.6
127.0
88.5

116.2
137.4
130.5
98.2

111.8
140.8
125.6
90.9

114.6
136.1
131.4
94 .8

116.0
120.3
132.7
105.3

112.2
137.8
126.5
92 .4

114.3
145.9
133.3
9 0 ,7

117.5
144.2
135.3
96 .2

111.6
14 3.4
131.8
88 .8

118.9
146.0
144.2
96 .7

119.7
131.7
142.7
104.5

116.5
148.9
137.9
92 .7

20
201
202
203
204
205
206
207
208
209

5 2 .9
8 .7
6.5
6.6
10.9
3.3
3 .7
3.4
5.9
3 .9

121.7
134.5
108.9
126.8
131.8
127.4
136.6
141.9
106.8
1 0 5 .3 ,

121.8
134.5
111.6
127.4
128.0
129.7
140.7
143.8
107.9
102.7

120.9
136.3
112.0
119.4
129.5
128.9
135.3
143.3
106.5
103.6

121.2
133.8
110.0
123.4
129.3
127.9
139.3
148.5
108.2
106.5

122.3
135.9
110.3
123.1
128.4
131.1
138.8
138.5
112.2
107.3

121.1
136.9
108.6
119.6
127.5
130.1
13 6 .7
147.7
106.2
105.1

116.6
130.1
108.9
117.0
127.3
124.3
118.6
134.3
103.6
101.8

124.1
140.9
119.9
12 3.5
126.8
135.8
131.9
137.6
113.8
106.2

127.3
147.0
123.1
122.1
128.6
139.8
12 7.4
128.6
119.1
112.7

132.0
146.6
119.8
144.6
133.2
141.2
135.5
141.1
123.6
117.4

134.2
148.7
118,3
149.6
134.0
143.8
139.1
138.1
126.9
117.5

126.8
140.0
107.4
139.5
132.3
134.2
146.9
146.3
111.5
110.0

21

1.7

70.4

77 .7

78.5

83 .8

81 .6

8 1 .8

69 .8

83.1

78 .2

92.5

90 .9

88 .9

Textile mill products

22

Fabrics
Knit goods
Fabric finishing
Yarn and thread
M iscellaneous textiles

2 2 1 -4
225
226
228
229

2 9 .9
11.6
3.4
2.2
8 .4
2.9

116.7
105.2
140.4
119.7
121.2
126.9

114.6
102.4
140.1
120.5
120.3
118.3

110.3
97.5
142.1
124.1
104.6
129.1

116.9
106.2
141.1
125.4
118.6
124.8

115.3
104.0
14 0.8
12 2.5
116.4
12 7.2

118.1
105.5
144.8
121.3
124.6
124.6

119.4
10 7.7
143.1
122.1
125.3
127.6

127.1
113.6
155.6
130.6
136.2
127.5

111.5
98 .8
149.0
123.5
105.7
127.1

131.5
119.9
161.2
132.0
134.6
140.8

127.4
114.5
160.5
131.2
128.6
139.8

122.8
109.5
150.1
126.3
130.2
129.5

6.6
1.9
1.9

104.5
111.7
89.5

104.3
112.8
89 .7

105.8
111.2
89 .9

101.3
105.5
85 .9

101.5
105.2
8 4 .7

104.4
113.6
88 .8

100.9
108.7
85 .6

113.1
124.0
96.6

115.5
124.0
100.4

120.1
127.8
103.0

120.1
128.5
101.2

108.3
118.0
92.1

2 1 .6
7.9
5.7

118.6
110.1
106.0

119.4
111.4
110.0

118.6
108.9
108.2

119.7
106.9
111.6

119.7
108.5
109.9

119.0
108.9
109.7

117.9
109.3
106.3

118.8
110.1
109.0

115.1
104.6
104.9

119.0
105.5
109.9

120.9
109.3
111.1

117.9
108.2
109.0

5.7
3.2

117.3
108.4

117.8
109.4

123.2
117.7

120.8
111.7

119.4
111.8

121.5
113.4

115.0
108.2

119.9
111.9

119.0
107.4

128.3
117.5

127.0
116.8

124.0
116.3

9 7 .0
7.1
5 1 .6
2 6 .0
4 .5
7.6

122.0
105.0
122.3
128.9
123.9
122.1

121.2
104.3
120.8
125.0
122.3
122.3

119.9
103.4
116.5
129.3
125.3
124.2

122.4
104.0
120.8
129.9
129.3
12 2.7

12 0.7
95 .6
120.4
12 6.0
126.4
119.3

120.2
94 .4
118.5
127.4
12 3.3
125.1

120.7
104.3
121.0
127.8
120.9
120.0

121.2
100.9
119.5
127.1
125.5
124.6

119.8
102.2
115.8
129.0
126.4
125.3

124.7
104.6
122.5
130.4
133.8
127.3

121.7
95.6
119.1
127.2
132.5
126.3

120.7
97.1
118,5
129.2
123.5
127.3

15.7
3.4
8.2

133.0
118.2
139.9

134.5
119.0
140.1

135.4
122.7
140.3

134.2
121.1
138.5

133.1
12 0.7
13 6.7

13 6.7
12 1.7
140.4

127.8
114.6
134.0

139.4
126.2
144.1

148.3
134.5
15 3.0

151.3
135.5
156.5

149.6
132.9
154.7

140.5
124.1
145.0

14 6.2
6 1 .8
14.1
29.1
10.9
18.2

121.4
124.3
102.3
142.9
100.1
173.2

119.4
120.5
101.8
135.9
102.7
159.4

120.9
123.9
102.9
143.1
100.2
173.6

12 3.3
12 6.7
10 6.7
14 7.9
10 4.5
178.8

124.2
12 8.8
104.8
157.1
10 5.0
194.0

12 4.4
12 9.7
110.8
15 5.3
102.5
192.8

121.8
126.2
103.7
149.4
10 0.7
184.1

121.3
121.6
103.0
137,3
101.3
162.8

122.2
123.1
105.0
137.5
101.6
163.0

126.6
128.4
106.8
148.1
106.9
177.3

126.2
128.4
105.7
151.8
103.9
185.7

126.2
132.3
109.2
158.6
102.4
198.4

C rushed stone
S and and gravel
C hem ical and fertilizer m aterials

Foods
M e a t products
D airy products
C an n ed and frozen food
G rain mill products
B akery products
S ug ar and confectionery
Fats and oils
B everages
C offee and m iscellaneous

Tobacco products

Apparel products
M e n ’s outerw ear
W o m en ’s outerw ear

Lumber and products
Lum ber
Millwork and plywood

Furniture and fixtures
Household furniture

Paper and products
W ood pulp
P aper
P aperboard
P aperboard containers
C onverted paper products

Printing and publishing
N ew spapers
C om m ercial printing

Chemicals and products
Basic chem icals
Alkalies and chlorine
Inorganic chem icals, nec
Acid and fertilizer m aterials
N uclear m aterials, nondefense




23
2 3 1 ,2
233

24
242
243

25
251

26
261
262
263
265
267

27
271
275

28
281
2812
2819

16

Table 9 (continued)
ELECTR IC POWER USE: M ANUFACTURING AND MINING
Index. 1 9 8 7 = 1 0 0
Seasonallvadiusted

1987 S IC

1987
Billion
KW H

1994
M av

June

Julv

A ua.r

S e c t/

C h e m ic a ls a n d P ro d u c ts (c o n t.)
Synthetic m aterials
282
2821
Plastics m aterials
283
Drugs and medicines
284
S oap and toiletries
286
Industrial organic chem icals
287
Agricultural chem icals

26 .5
14.2
5.5
3.1
3 6 .0
8.5

113.5
122.0
127.0
112.9
115.0
119.6

113.8
122.5
129.5
115.2
118.2
120.5

112.9
119.6
128.5
114.1
108.7
122.7

116.6
12 1.4
125.1
116.0
112.4
12 7.3

P e tro le u m p ro d u c ts

29

40.1

10 4.6

104.6

105.8

R u b b e r an d p la s tic s p ro d u c ts
Tires
R ubber products, nec
Plastics products, nec

30
301
306
308

33.1
3.6
3.1
24 .9

134.8
108.4
112.6
141.2

137.1
117.3
110.5
142.9

L e a th e r an d p ro d u c ts
Shoes

31
314

1.0
.4

100.6
94 .2

S to n e , clay, & g la s s p ro d u c ts
Flat glass
Pressed and blown glass
C em ent
Structural clay products
C oncrete products

32
321
322
324
32 5
327

33 .8
1.7
6.7
10.1
1.6
5.1

33
331
332
333
3334
336

F a b ric a te d m etal p ro d u c ts
M etal containers
H ardw are, tools, and cutlery
Structural m etal products
Fasteners
M etal stampings

Not seasonallv adjusted
Oct.P

1994
M av

June

Julv

A ua.r

S e c t/

Oct.P

115.4
121.2
124.0
111.7
114.7
125.5

114.5
116.6
124.5
109.5
108.8
128.1

112.8
120.5
123.2
110.4
110.5
120.0

116.9
12 5.8
13 8.6
119.5
117.0
12 0.9

116.8
122.2
14 1.0
12 3.0
10 8.0
12 2.2

120.8
124.2
13 9.7
12 6.7
115.5
125.6

119.5
12 6.3
14 0.2
12 0.0
12 1.0
12 5.6

114.5
116.5
126.4
110.3
113.6
128.4

10 6.0

108.2

106.9

103.6

10 6.9

109.2

111.5

112.0

107.0

138.8
119.0
113.9
144.3

139.9
114.2
115.2
14 6.8

139.8
113.2
114.4
147.6

139.1
115.6
112.2
145.8

135.0
109.2
112.0
141.5

142.1
123.1
113.3
14 8.2

139.1
119.7
113.4
14 4.6

14 5.8
124.9
119.0
15 1.8

146.8
123.2
119.4
154.1

143.4
120.1
114.9
150.3

101.9
95 .3

107.9
104.7

9 7 .4
8 9 .7

99 .6
93 .4

101.7
96.2

99 .3
94.2

10 6 .3
10 1.3

10 6.0
10 4.7

10 5.7
102.1

107.6
10 3.0

101.6
95 .7

106.2
111.7
102.3
10 4.6
107.9
94 .5

104.4
112.9
103.6
100.6
109.7
93 .3

103.4
115.3
102.4
99 .9
111.3
93 .6

106.9
112.0
104.9
10 4.8
113.0
9 4 .4

106.0
102.0
101.6
105.4
111.6
91.8

104.8
113.3
102.7
102.9
111.6
94.8

108.6
110.8
103.8
112.2
107.6
94 .5

10 8.0
116.4
10 5.8
10 9.2
113.1
9 4 .6

105.4
116.2
103.5
10 5.4
112.6
94 .2

111.0
116.3
108.9
111.1
115.0
9 7 .5

109.6
107.1
103.9
111.2
116.6
94 .8

109.3
114.7
105.6
112.7
112.7
98 .0

137.9
54 .4
9.9
55 .8
51 .2
2.7

105.5
115.5
120.7
83 .2
77 .6
118.1

106.7
118.9
116.2
85.1
7 6 .7
121.2

106.0
114.3
118.5
86.1
76 .6
126.5

107.1
117.8
116.4
8 4 .5
7 5 .7
12 4.7

107.5
118.9
122.0
83 .5
75.1
122.0

107.5
117.2
122.0
85 .0
75.5
120.8

106.3
115.9
120.5
84 .3
79.9
117.4

106.9
119.0
119.6
8 4 .6
7 7 .3
12 4.5

104.9
111.5
113.3
87.1
79 .5
12 1.9

10 7.5
117.4
114.7
8 5 .6
76 .5
12 5 .4

10 7.4
118.9
124.8
8 2 .7
7 3 .8
12 5.6

108.8
118.0
125.3
86 .2
77.1
124.1

34
341
342
344
345
346

31 .5
2.5
2.7
5.6
1.7
7.1

114.0
125.4
115.6
105.4
112.6
128.1

112.3
12 9.7
115.1
107.1
109.5
124.0

114.3
127.7
118.8
104.8
113.9
126.1

115.2
13 0.0
115.6
106.2
111.0
130.6

115.6
130.9
113.6
106.1
110.6
130.4

115.5
133.3
114.0
111.5
111.8
129.9

112.9
125.2
113.0
104.8
108.8
130.1

115.1
134.2
117.9
10 7.6
112.7
12 9.2

115.8
133.6
120.7
106.3
115.1
123.5

118.2
13 4.2
12 0.5
10 6.9
117.2
13 1.5

12 0.7
13 5.4
120.5
110.9
116.4
135.5

117.4
132.3
117.2
111.1
116.0
134.4

in d u s tria l m a c h in e ry
an d e q u ip m e n t
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
G eneral industrial
Com puter and office equip.
Service industry m achines

35
351
35 2
353
354
35 5
35 6
357
358

33 .4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

113.5
120.8
141.6
99 .6
131.3
116.4
114.2
89 .4
142.3

112.6
121.6
147.1
94 .9
129.0
112.0
115.1
89 .9
14 3.3

114.2
115.8
145.0
97 .3
133.9
117.0
113.0
92 .2
145.0

114.4
122.8
13 7.0
93 .9
131.9
112.5
112.6
9 2 .4
145.3

114.0
122.4
138.3
94.2
134.6
110.6
115.4
92.6
146.8

114.8
122.7
146.1
93 .8
135.2
111.2
118.3
90 .9
149.2

111.9
117.7
141.1
98 .8
127.6
112.1
111.8
88 .8
141.2

116.6
124.2
146.1
9 7 .6
13 2.8
114.4
118.9
94.1
151.7

118.5
118.5
137.2
101.2
139.6
12 2.4
117.2
97.1
15 3.4

12 1.2
13 0.4
137.1
97 .5
141.5
120.8
119.7
99 .2
156.5

12 1.7
128.2
146.1
10 0.7
14 3.7
118.3
123.6
9 6 .4
157.2

116.2
122.4
142.6
96.1
136.1
112.0
118.6
94.1
151.2

E le c tric a l m a c h in e ry
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
T V and radio sets
Com m unicationequipm ent
Electronic components

36
361
36 2
363
364
365
366
367

31 .3
1.4
4.1
2.5
2.9
.6
3.1
12.8

107.6
79 .9
109.3
94 .5
104.4
142.2
8 3 .0
117.1

108.4
8 3 .2
110.6
9 8 .5
107.4
145.2
8 4 .4
117.1

107.8
8 3 .0
110.7
9 9 .3
110.4
150.6
8 9 .0
113.8

111.9
8 3 .8
113.1
99 .4
113.0
147.9
9 1 .0
122.7

109.6
82.5
111.6
96 .3
109.6
146.4
90.6
119.4

110.6
79 .8
113.4
98 .5
112.0
146.1
92.1
121.2

105.5
77.0
108.1
95 .3
104.5
139.7
8 1 .7
114.3

112.5
8 6 .2
114.3
104.2
112.7
147.9
88.1
121.5

112.9
84.1
114.6
9 9 .4
112.2
15 4.2
9 7 .0
12 1.8

118.7
90 .8
116.1
105.2
112.9
159.1
9 9 .0
13 0.6

117.9
8 8 .4
115.6
103.6
116.4
157.0
99 .5
128.5

112.5
8 1 .8
112.9
9 9 .7
113.7
150.8
9 3 .6
12 2.7

T ra n s p o rta tio n e q u ip m e n t
Motor vehicles and parts
Aircraft and parts
Ships and boats

37
371
37 2
373

38 .3
21 .9
10.1
2.1

99.1
97 .0
92 .8
105.5

101.5
100.9
9 1 .5
103.5

10 1.4
9 6 .7
9 7 .7
109.6

101.6
9 8 .7
9 6 .4
103.9

102.6
100.8
92 .4
104.0

102.9
102.4
91 .4
105.2

100.5
9 8 .3
93 .8
100.6

106.7
106.6
95 .7
103.5

10 3.3
9 7 .2
10 1.6
10 7.7

10 8.9
10 6 .3
10 2 .4
10 5 .4

108.1
10 7.0
9 7 .0
10 4.4

10 4.7
10 4.6
93 .5
10 0.7

In s tru m e n ts
Photographic equip. & supplies

38
386

13.1
1.7

112.6
98 .8

114.7
103.1

114.2
9 7 .3

111.3
105.1

109.9
97 .2

107.2
93 .2

110.1
98 .2

119.4
10 6.7

122.7
10 2.3

12 1.2
112.5

119.0
102.5

10 9.9
9 3 .0

39

4 .6

128.9

13 3.5

13 3.9

13 5.2

137.4

140.2

124.7

13 6.8

13 9.4

14 5.9

148.1

14 3.5

8 3 2 .5
7 6 5 .4
8 5 .3

111.8
112.8
112.3

112.4
112.8
116.4

112.0
112.7
112.2

113.4
114.5
118.7

113.1
114.4
117.9

113.1
114.1
117.8

111.0
112.4
111.3

114.6
115.1
115.3

113.5
114.0
115.7

117.9
118.6
12 0.8

117.4
118.7
114.6

114.8
116.4
117.1

Item

P rim a ry m e ta ls
Basic steel and mill products
iron and steel foundries
Prim ary nonferrous metals
Aluminum
Nonferrous foundries

M is c e lla n e o u s m a n u fa c tu re s

SUPPLEMENTARY 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. It also includes survey data on the use of
electric power in manufacturing and mining. Data in the release are available on-line
on the day of issue through the Economic Bulletin Board of the Department of
Commerce. For information, call (202) 482-1986. Diskettes containing historical
data and the data published in this release are available from the Board of Governors
of the Federal Reserve System, Publications Services, (202) 452-3245.
Industrial Production
Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (1) market groups (shown in table 1), such as consumer
goods, equipment, intermediate products, and materials; and (2) industry groups
(shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of
these industries—for example, durable and nondurable manufacturing, mining, and
utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprise final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript “p” in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript “r” in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990, 1985, and 1976. In 1993, a revision that converted the indexes to
the 1987 SIC from 1987 forward was published.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and M ineral Industries and the Annual Survey o f Manufactures ,
prepared by the Bureau of the Census; the M inerals Yearbook , prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units and (2) data on inputs to the
production process, from which output is inferred. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from government agencies including those listed above; data of this type are used to
estimate monthly IP where possible and appropriate. When suitable data on physical
product are unavailable, estimates of output are based on either production-worker
hours or electric power use by industry. Data on hours worked by production workers
are collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The data on electric power use are described below. The factors used to
convert inputs into estimates of production are based on historical relationships
between the inputs and the comprehensive data used to benchmark the IP indexes;
these factors also may be influenced by technological or cyclical developments.
Especially for the first and second estimates for a given month, the available source
data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison base year (currently 1987). Each
segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1992 to the present, IP is
aggregated on the basis of 1992 value-added weights. The aggregation of the index
for the 1987-91 period is based on 1987 weights, whereas 1982 weights are used for
the 1982-86 period. The other weight years in the postwar period are 1977, 1972,
1967, 1963, 1958, 1954, and 1947. The 1992 value-added weights used to aggregate
the index are shown in the first column of tables 1, 2, and 6, in the “Value added”
column under the heading “1992.”
Seasonaladjustment. Individual series are seasonally adjusted by the X -l 1ARIMA
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1994;
for other series, the factors were estimated with data through at least June 1994. In
some cases, series were preadjusted for the effects of holidays or the business cycle
before using X -l 1 ARIMA. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups.



18

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production —1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production —1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively. The early
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6. The later 1994 revision to the index will be described in a
forthcoming Federal Reserve Bulletin.
Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights, Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates as high as 90 percent have been exceeded only
in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in the Federal Reserve Bulletin , vol. 71 (October 1985), pp. 754-66. The
1990 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76
(June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. The
early 1994 revision to the index was described in the Federal Reserve Bulletin, vol.
80 (March 1994), pp. 220-6. The later 1994 revision to the index w ill be described in
a forthcoming Federal Reserve Bulletin.
Electric Power
Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry’s or group's
usage in 1987. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1987 censuses of those industries. The supplementary group, “Total, less nuclear
nondefense,” is shown separately because the nondefense nuclear material series
(part of SIC 2819) accounts for a disproportionately large part of total electric power
use. Because the value-added proportion for this industry in total IP is considerably
smaller than its share of total electric power use, excluding this component from total
power use facilitates comparisons with total IP.
Release Schedule fo r 1995
At 9:15 a.m. on January 17, February 15, March 15, Aprd 14. May 16, June 15. July
14, August 15, September 15, October 17, November 15, and December 14.

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