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
*?^F
For release at 9:15 a.m. (EST)
February 15,1994

G.17(419)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.5 percent in January, following an upwardly revised gain of 0.9 percent in
December. However, severe weather during January, coupled with the earthquake in California, helped constrain the growth
in production at manufacturing establishments to just 0.2 percent, compared with an average monthly advance of 0.9 percent
during the final quarter of 1993. Steel, appliances, and motor vehicles and parts were among the industries with the most
significant disruptions. Conversely, the weather helped boost production at utilities and mines, as demand for both
electricity and gas surged. At 114.4 percent of its 1987 average, industrial production was 4.7 percent higher in January than
it was a year ago. The utilization of total industrial capacity advanced 0.2 percentage point to 83.1 percent, which is
2.2 percentage points above the year-ago level but 1.7 percentage points below the 1988-89 peak.
Market Groups
The output of consumer goods grew 0.3 percent in January, about the same as December's rate of increase.
Within this market group, the effects of the weather were somewhat offsetting: Many plants in the motor vehicles and
appliance industries closed for a day or more, but the production of electricity and gas for residential use rose sharply.
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index, 1987=100
1993
Oct/

Nov/

Dec/

113.9
113.8

114.4

.6
.7

.8
.9

.9
.7

.5

4.7

112.2
109.9
139.8
99.1
113.7

113.0
110.1
142.1
101.0
115.2

113.5
110.4
144.0
101.4
115.7

.6
.7
1.0
.8
.5

.8
.6
1.5
.5
.8

.7
.2
1.7
1.9
1.3

.5
.3
1.3
.3
.5

4.5
2.0
11.1
7.8
5.2

114.1
118.1
109.2
96.3
116.0

115.2
120.0
109.3
96.8
117.1

115.4
120.7
108.8
97.6
121.2

.7
1.0
.2
.7
-1.2

1.0
1.6
.3
-1.8
.9

1.0
1.7
.1
.5
.9

.2
.6
-.4
.8
3.5

5.0
8.2
.8
-.6
6.9

Industrial Production

Nov/

Dec/

Total index
Previous estimates

111.9
112.0

112.8
113.0

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

111.2
109.2
137.7
98.6
112.8

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

112.9
116.2
108.8
98.0
114.9

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-93

Percent chanae
1994
Jan.P

1993
Oct/

1982
Low

Percent of Capacity
1988-89
1993
1993
High
Jan.
Oct/

Nov/

Dec/

1994 Jan. 93 to
Jan.P
Jan. 94

Capacity
growth
1994 Jan. 93 to
Jan.P
Jan. 94

81.9

71.8

84.8

80.9

81.7

82.2

82.9

83.1

1.9

81.2
80.6
82.2
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

80.0
78.8
82.9
87.8
85.1

80.8
79.3
84.4
88.4
85.6

81.5
79.9
85.3
86.9
86.4

82.2
80.5
86.1
87.4
87.1

82.1
80.7
85.5
88.2
90.1

2.2
2.7
1.1
-1.0
1.0

The rapid expansion in the output of business equipment excluding motor vehicles continued last month, led
again by strong gains in the production of computers. The output of industrial equipment, which had risen sharply toward
the end of 1993, posted only a small gain in January.
Elsewhere, the rate of growth in the output of construction supplies fell from 1.9 percent to 0.3 percent and that
of materials declined from 1.3 to 0.5 percent. Among materials, the growth of durables declined from 1.8 to 0.3 percent, led
by weather-affected losses in the production of steel products and motor vehicle parts and supplies. The production of
nondurable materials declined 0.6 percent after having increased during each of the three previous months. In contrast, the
production of energy-related materials grew 1.7 percent.
Industry Groups
Reflecting the negative effects of January's severe weather, manufacturing output expanded just 0.2 percent.
Production by manufacturers of durable goods grew 0.6 percent, compared with increases of 1.6 percent in November and
1.7 percent in December. Although most durable goods industries experienced much slower growth in January, the level of
production in the iron and steel industry actually fell 5.7 percent. The output of motor vehicles and parts producers increased
only 1.7 percent, well short of the 4.5 to 7.8 percent increases posted during the previous three months. Production by
manufacturers of nondurable goods declined 0.4 percent on a broad front. Outside of manufacturing, the output at utilities
rose a strong 3.5 percent; output had risen 0.9 percent in each of the two previous months. The output at mines increased
0.8 percent, in part because on an increase in coal production. The utilization rate in manufacturing edged down to
82.1 percent; the rate in advanced processing industries inched up 0.2 percentage point and that in primary-processing
industries fell 0.6 percentage point.

NOTICE

Revised indexes of industrial production and rates of capacity utilization were published as a supplement to the
G.17 (419) statistical release on February 4, 1994. Revised production statistics begin in 1991 and revised
capacity utilization statistics begin in 1990,
Points of information
• The revisions to production primarily reflect the incorporation of more comprehensive monthly source data,
review of the production factor coefficients, and updated seasonal factors.
® The revisions to capacity utilization reflect improved estimates of capital stocks and preliminary results from
the Census Survey of Plant Capacity for 1991 and 1992.
® Diskettes containing the revised data are available from the Board of Governors of the Federal Reserve
System, Publications Services, at (202) 452-3245. Files containing the revised data and the text and tables
from the release describing the revision are also available through the Economic Bulletin Board of the
Department of Commerce; for information, call (202) 482-1986.
• A release describing the revision and a document with printed tables of the revised estimates of series shown
in the G.17 release are 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
Seasonally adjusted

January data
Industrial production indexes

Twelve-month percent c h a n g e

5

-w* \

/ +\

\^V**A
^r\JK7K

0

Twelve-month percent change

Materials

^^vy^ i \\

i

/
£j

f**£*/

• #

\\

\

5

PI M 9 **
W

T\\,

0

Nondurable

*>J

V4/V
II

\l '
M*

\

Products

/

manufacturing

1

V M

Durable

-5

y^

manufacturing

1

-0
1
1988

i

1

1990

1992

1
1994 1988

Total industry

1990




1985

1

-10

1994

Manufacturing

Ratio scale, 1987 production = TOO

1980

1992

Ratio scale, 1987 production = 1 0 0

1990

1980

1985

1990

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

1987

1993

Total index

100.0

>67=100
Index. 11
SeasonaHvAdiusted

_55

Not seasonally adjusted

f

Dec/

15S4" T5§3
Jan.P
Auo.

Dec/

1994
Jan.P

112.2

111.6

112.8

111.2
113.8

110.0
112.7

111.3
114.4

111.8
121.4
126.5
132.6
98.7
191.3
116.5
116.8
139.2
107.0
110.5
109.1
112.0
95.9
124.5
102.3
97.6
110.7
92.5

108.5
115.8
118.2
123.2
94.7
172.6
109.8
113.6
128.6
103.3
111.8
106.5
105.6
93.5
118.4
102.3
110.3
113.4
109.1

107.1
106.5
105.7
105.7
82.0
146.8
105.8
107.2
113.3
98.1
109.6
107.3
100.5
90.7
115.6
102.6
138.9
113.9
148.6

110.1
112.5
119.2
125.0
95.8
175.7
109.3
106.6
124.2
94.3
104.6
109.4
100.5
86.4
114.6
100.8
161.7
107.0
182.9

122.6
140.2
165.5
245.0
116.2
132.4
131.0
122.9
73.2
92.8
129.6

123.6
141.3
166.4
251.6
113.2
147.0
158.6
118.8
73.2
94.2
136.9

121.4
138.4
162.4
239.8
113.0
140.6
147.5
117.5
73.3
95.0
123.7

120.7
137.5
163.0
243.3
114.4
129.6
126.0
117.6
74.1
94.1
103.2

120.8
138.8
164.5
251.6
111.8
139.4
150.3
117.4
71.4
86.6
112.8

107.9
100.5
112.9

107.6
101.1
111.9

106.2
101.4
109.4

103.4
98.3
106.9

102.0
95.4
106.4

101.6
94.1
106.5

112.9

112.7

113.5

113.7

113.9

115.0

121.2
125.3
128.7
113.2
116.3
115.5
102.8
115.3
118.3
117.5
1036
97.9
114.8

121.6 116.3
125.6 111.1
130.8 124.7
112.2 1 111.7
113.5! 110.1
114.8 114.8
101.2 107.8
113.3 112.0
118.8 117.5
116.3 116.4
105.4 104.9
99.1
97.9
117.7 118.6

117.7
114,2
125.7
112.6
113.2
115.2
104.2
113.5
119.4
115.2
101.4
96.9
110.3

118.9
118.8
127.1
112.2
112.7
116.6
106.7
114.2
118.2
121.4
100.7
96.6
108.9

119.3
121.6
128.0
111.1
113.2
114.2
100.7
115.9
118.2
112.7
102.7
98.1
111.8

119.8
121.0
131.0
110.0
112.5
110.1
94.6
111.8
115.4
107.3
106.0
99.8
118.2

118.3
119.9
130.1
107.8
110.7
113.8
101.3
115.0
116.7
114.1
110.0
102.8
124.1

112.2
111.8
109.5

113.1
112.6
110.4

113.6
113.1
110.8

114.1
114.1
110.6

113.7
113.5
110,6

113.0
112.7
110.5

111.7
111.3
109.2

111.5
111.1
108.4

112.2
111.8
109.5

108.8
108.6

108.9
109.3

108.6
109.4

108.8
109.2

114.1
113.5

112.9
113.7

110.3
113.4

107.5
108.3

107.2
103.5

109.0
104.1

137.2
119.8

137.5
120.2

138.9
121.4

141.0
122.8

142.6
123.5

141.5
121.0

141.0
122.6

139.9
122.8

137.6
121.4

138.5
119.7

137.8
119.8

115.6

116.5

117.7

119.5

119.5

115.8

116.9

118.2

117.7

116.8

116.9

Aug.

Sep.

Oct/

Nov.

100.0

111.1

111.3

111.9

112.8

113.9

114.4 | 113.9

59.5
44.8

59.2
45.6

110.4
112.7

110.6
113.1

111.2
113.8

112.2
114.8

113.0
115.5

113.5
116.2

114.7
116.9

26.5
5.8
2.7
1.7
1.1
.6
1.0
3.1
.8
.9
1.4
20.7
9.1
2.6
3.6
2.6
2.7
.8
2.0

26.0
5.8
2.8
1.7
.8
.9
1.0
3.1
.9
.8
1.4
20.2
8.8
2.2
4.0
2.4
2.8
.7
2.1

108.6
107.3
103.9
99.2
71.8
146.7
111.8
110.2
124.9
103.2
106.4
109.0
107.0
94.3
123.7
103.1
115.8
103.8
120.4

108.5
108.7
106.7
104.1
75.4
153.9
111.1
110.4
126.4
102.4
106.4
108.4
105.9
93.3
124.1
103.2
115.3
108.0
118.2

109.2
112.7
113.8
114.9
85.2
166.4
111.9
111.8
130.4
104.1
106.3
108.2
105.9
93.3
122.6
104.0
114.6
111.3
115.9

109.9
115.9
120.2
124.9
95.4
176.0
112.4
112.1
131.3
102.4
107.5
108.2
106.0
93.8
122.3
103.3
115.0
110.6
116.7

110.1
117.8
124.5
131.5
98.8
188.0
112.7
112.0
130.2
102.1
108.1
107.9
105.7
93.6
122.0
101.7
115.9
110.2
118.1

110.4
118.5
126.1
134.0
102.0
189.5
112.7
111.9
128.2
102.0
109.1
108.1
105.2
92.1
122.2
101.0
120.8
108.5
125.6

113.2
109.0
105.7
100.4
72.6
148.5
114.6
111.9
127.5
106.5
106.6
114.4
114.7
98.7
135.8
102.8
110.9
105.4
113.0

18.3
13.2
5.5
1.9
3.9
2.0
1.0
1.8
4.4
.6
.2

19.6
16.0
7.8
3.8
4.0
2.5
1.3
1.8
2.9
.4
.2

118.6
134.8
158.2
230.6
113.3
126.2
119.6
119.1
74.0
87.0
115.5

119.8
136.3
160.6
234.8
113.2
129.8
126.5
119.1
73.7
89.7
120.7

120.4
137.7
162.0
241.8
112.5
136.1
139.6
119.4
72.7
86.5
123.4

121.9
139.8
164.6
249.1
113.4
140.9
150.5
119.2
72.5
82.9
130.4

123.4
142.1
167.6
257.0
115.0
142.9
154.9
121.6
71.9
82.3
134.3

124.5
144.0
171.1
265.5
115.3
145.1
160.5
121.6
70.9
82.4
135.3

14.7
5.9
8.8

13.6
5.1
8.5

103.3
97.3
107.2

103.0
97.8
106.4

103.5
98.6
106.7

104.1
99.1
107.5

105.2
101.0
107.9

40.5

40.8

112.1

112.2

112.8

113.7

20.5
4.1
7.4
9.0
3.1
9.0
1.2
2.0
3.8
2.0
11.0
7.3
3.7

21.3
4.2
8.3
8.9
3.1
9.2
1.1
2.0
4.0
2.1
10.2
6.5
3.8

115.6
111.4
124.7
109.9
111.2
114.6
106.1
111.5
118.6
114.9
103 7
98.0
114.9

116.5
112.6
126.0
110.4
111.7
113.6
103.1
112.7
117.1
114.t
103.1
98.4
112.3

117.5
116.0
127.0
110.3
112.9
114.1
104.0
113.2
117.2
115.1
103.0
98.2
112.6

97.2
I 95.2
97.7

97.0
94.8
95.3

111.2
111.1
108.2

111.2
111.1
108.3

Consumer goods excluding:
Autos and trucks
Energy

24.8
23.8

24.3
23.2

109.3
107.8

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.2
11.3

14.8
12.2

Materials excluding:
Energy

29.5

30.6

Products, total
Final products
Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durabiegoods
Appliances, TVs, and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
Foods and tobacco
Clothing
Chemical products
Paper products
Energy products
Fuels
Utilities
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
intermediate products
Construction supplies
Business supplies
Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

!

I

i
!

Sep.

Oct/

Nov/

113.8

113.8

114.5
116.7

114.0
116.6

112.6
112.8
111.1
109.0
77.7
163.3
114.7
114.2
134.1
106.2
108.2
112.6
113.3
97.7
136.2
101.7
103.2
108.6
101.2

122.2
139.9
167.7
252.6
115.8
126.4
121.1
121.9
72.8
87.1
131.7

105.4
101.4
108.1

115.2

115.7

119.1
120.4
127.5
111.6
114.0
114.4
102.5
114.9
117 9
114.4
103.1
97.5
113.9

111.5
111.3
108.8

108.8
107.7

136.1
118.7
115.3

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




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change
r

Item

1992Q4
to
1993Q4

Jan. 93
to
Jan. 94

'

Q3

Q4

5.2

2.3

2.8

6.5

.6

.8

.9

.5

.0

-1.4

-.6

1.1

4.7

3.9
3.9

4.5
4.7

1.6
1.3

3.3
2.9

6.2
6.6

.6
.6

.8
.9

.7
.6

.5
.5

-.4
-.1

-2.4
-2.4

-1.1
-1.0

1.1
1.6

4.5
4.3

3.7

-2.0
-4.3
-10.0
-16.7

-10.0
-22.9
3.0
1.1
.5
4.9
-.7
-1.4
-3.2
.9
4.6
3.9
-9.7
-2.8
-12.1

2.0
-3.5
-16.6
-27.8
-43.8
-8.4
4.9
9.5
33.5
5.2
-1.3
3.6
2.5
-6.6
4.3
-2.7
21.5
1.4
29.5

3.9
30.6
67.8
123.5
136.2
112.6
3.6
4.7
11.1
-1.0
4.0
-2.8
-2.8
-3.0
-5.0
-1.3
-.4
22.4
-7.4

.7
3.7
6.6
10.4
13.0

-1.9

.6
2.8
5.7
8.7
12.0
5.8
.5
.3
.6
-1.6
1.2
.0
.1
.5
-.2
-.7
.3
-.7
.7

.2
1.7
3.5
5.3
3.6
6.8
.3
-.1
-.8
-.3
.5
-.3
-.3
-.2
-.3
-1.5
.8
-.4
1.2

.3
.6
1.3
1.9
3.2
.8
.0
-.1
-1.5
-.2
1.0
.2
-.5
-1.5
.1
-.7
4.2
-1.6
6.3

-.7
7.6
13.9
21.6
27.0
17.2
1.6
2.3
3.8
.8
2.1
-3.1
-1.1
-1.9
-8.5
.5
-5.5
1.9
-8.6

-2.9
-4.6
-6.6
-7.0
-4.0
-9.8
-5.7
-2.7
-7.6
-3.5
1.2
-2.3
-5.8
-2.5
-4.9
.0
13.0
2.4
17.9

-1.3
-8.0
-10.6
-14.2
-13.4
-15.0
-3.7
-5.6
-11.8
-5.0
-2.0
.7
-4.8
-3.0
-2.3
.3
25.9
.5
36.2

2.7
5.6
12.7
18.3
16.8
19.7
3.3
-.5
9.6
-3.9
-4.6
1.9
.0
-4.7
-.8
-1.7
16.4
-6.1
23.1

2.0
7.5
11.0
14.8
17.8
12.1
4.3
4.3
10.0
1.3
2.5
.4
-1.4
-3.7
1.0
-1.3
10.5
3.1
13.3

6.0
9.9
20.6
44.1
6.4
-12.5
-11.9
10.5
-8.9
-8.2
-20.2

4.1
5.5
15.3
31.4
4.4
-25.3
-28.3
15.3
-8.9
51.2
22.1

10.2
14.3
15.4
36.5
1.0
43.8
121.1
6.8
-8.9
-12.5
47.9

.6
1.0
.9
3.0
-.6
4.8
10.4
.3
-1.4
-3.6
2.2

1.2
1.5
1.7
3.0
.8
3.5
7.8
-.2
-.3
-4.1
5.7

1.3
1.7
1.8
3.2
1.4
1.4
2.9
2.0
-.7
-.8
3.0

.9
1.3
2.1
3.3
.2
1.6
3.6
.0
-1.5
.1
.7

.7
.8
.5
2.7
-2.6
11.0
21.1
-3.4
-.1
1.4
5.6

-1.7
-2.1
-2.4
-4.7
-.2
-4.3
-7.0
-1.0
.2
.8
-9.6

-.6
-.7
.4
1.4
1.3
-7.8
-14.6
.1
1.1
-.9
-16.5

.1
1.0
.9
3.4
-2.3
7.6
19.3
-.2
-3.7
-8.0
9.3

7.4
11.1
18.3
38.3
4.5
1.9
17.4
9.6
-9.3
-5.8
11.3

-4
-1.3
.1

5.0
7.8
3.3

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

6.6
10.0
15.8
34.2
4.4
1.6
18.1
10.8
-9.3
-.6
12.5

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

Not seasonally adjusted
1993
1994
Oct/ Nov/ Dec/ Jan.P

Q2

1.9
9.0
12.5
17.5
14.1
20.8
4.3
5.9
14.0
4.5
1.7
-.1
-.9
-2.4
.8
.3
2.8
2.5
2.9

Materials

Seasonallvadiusted
1993
1994
Oct/ Nov/ Dec/ Jan.P

Q1

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

Intermediate products
Construction supplies
Business supplies

r

4.2

.

Total index
Products, total
Final products

Seasonally adjusted
annual rate
1993

16.9
27.2
41.8
41.9
41.8

5.6
8.4
13.5

9.1
4.9
.3
.0
-.7
-.5
1.6
2.1
-8.4

6.2
5.9
10.4
12.0
25.4

5.8
13.2
39.3
10.9
-10.6
-19.8
11.1

•8.1

.6
1.3
3.2
1.7
-.1
-.2
.0
.0
-1.2

.8
-.6
3.1

4.0
5.6
3.0

•3.8

3.4
4.1

2.7
1.3
3.6

4.6
8.0
2.6

4.8
10.1
1.6

.5
.8
.3

.7
.5
.8

1.0
1.9
.4

.2
.3
.2

-1.3
.3
-2.3

-2.6
-3.1
-2.2

-1.4
-3.0
-.4

4.7

6.3

3.3

2.2

7.0

.5

.8

1.3

.5

.6

.2

.2

8.2
12.4
9.5
5.1
4.9
3.2
-7
4.1
3.5
3.6
-.9
-2.7
2.3

10.6
21.5

4.7
-1.0
8.2
4.1
-.8
.5
1.4
-10.2
3.9
4,5
-1.4
-10.1
16.0

12.9
37.0
9.7
5.9
10.3
2.5
-6.7
8.4
1.0
5.0
-.8
-1.1
-.3

.8
3.0
.8
-.1
1.1
.4
.9
.4
.1
.9
.0
-.2
.3

1.4
3.8
.4
1.1
.9
.3
-1.5
1.5
.6
-.7

6.9

4.7
-3.2
11.2
2.8
.2
5.3
.9
9.4
6.8
1.2
-1.3
4.9
-11.3

-.6
1.1

1.8
4.1
.9
1.5
2.0
.9
.3
.3
.4
2.8
.5
.4
.8

1.0
4.0
1.1
-.4
-.4
1.2
2.4
.6
-1.0
5.4
-.7
-.3
-1.3

.3
2.3
.7
-1.0
.4
-2.0
-5.6
1.5
.0
-7.2
2.0
1:6
2.7

4.3
3.8
4.4

2.9
3.1
.7

3.9
4.1
1.6

4.1
3.2
5.1

.3
.2
.4

.6
.5
.7

.8
.7
.8

.4
•4
.3

-.6
-.7
-.1

.1
.7

-.2
.1

•1
-.2

8.7
7.6
I

10.4

4.4
2.1
10.3

2.6
3.8
-.1
-3.9

.6

.3
.2
1.6
" -.9
-2.5
-.6
-1.5
-1.8 |
.4
-1.1
1.7
1.3
2.5

'

llr

Tl

1.0 |

5.2

.4
-.5
2.3
-1.0
-.6
-3.6
-6.0
-3.5
-2.4
-4.8
3.2
1.7
5.7

-1.2
-•9|
-.71
-2.0 1
-1.6
3.3
7.11
2.9 |
1.2
6.3
3.8
30
5.0

8.1
11.7
10.5
4.2
1.7
2.2
-2.9
1.1
3.8
3.1
1.8
-1.0
6.7

-1.2
-1.3
-1.2

-.1
-.2
-.7

..61

•6

1.0 I

4.4
4.2
3.3

-2.2
-.2

-2.5
-4.5

-.3
-4.5

1.7
.6

1.1
1.0

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

3.8
3.6
3.0

Consumer goods excluding:
Autos and trucks
Energy

•8
1.8

1.5
3.9

-.9
-1.1

4.4
-.2

-1.6 i
4.5

.0
.8

Business equipment excluding:
Autos and trucks
Computer and office equipment

9.3
3.6

8.2
6.7

12.1
1.6

8.8
-1.6

8.2
.7.7. |

.3
.4

1.0
.1.0..

1.5
1.1

1.1
.6

-.8
.2

-1.6
-1,2

.6
-1.4

-.5
.1

10.5
3.7

Materials excluding:
Energy

6.6

8.7

4.9

3.4

9.7

.7

1.1

1.5

.0

1.1

-.4

-.8

.1

6.3

I

Note—Percent changes shown in the fi rst and last columns are based on seasona ly adjusted data.




''ui4J,.'

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
PFoportion
in Total IP

_

_
_
^
SeasonallvAdiusted

index. 1987=100
Not seasonally adjusted

1993

1993
Aug.

Sep.

Oct/

Nov/

Dec/

1994
Jan.P

1993
Aug.

Sep.

Oct/

Nov/

Dec/

1994
Jan.P

100.0

100.0

111.1

111.3

111.9

112.8

113.9

114.4

113.9

113.8

113.8

112.2

111.6

112.8

84.3

84.9

111.8

112.1

112.9

114.1

115.2

115.4

115.1

115.7

116.1

113.6

111.3

•111.3

27.1
57.1

26.3
58.6

107.9
113.6

107.7
114.2

108.5
115.0

109.8
116.2

110.9
117.3

110.1
117.9

109.3
117.8

109.7
118.5

110.9
118.5

109.3
115.6

106.5
113.6

106.9
113.5

46.5
2.1
1.5
2.4

47.9
1.9
1.4
2.1

113.9
100.9
105.2
98.4

115.0
101.8
105.2
99.9

116.2
104.6
104.8
99.7

118.1
104.4
104.2
100.8

120.0
105.9
105.1
102.3

120.7
106.0
104.5
102.3

116.1
105.2
109.8
102.7

117.3
104.8
110.6
102.7

119.2
108.6
106.1
104.5

117.6
102.0
104.0
101.5

116.3
98.1
103.7
96.7

116.6
100.5
100.0
95.5

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.3
4.9

107.2
112.8
106.3
99.4
99.6

107.3
112.4
105.9
100.3
99.6

106.1
113.3
107.2
96.2
100.7

109.8
114.3
106.2
103.5
102.1

112.5
118.5
110.9
104.3
102.6

108.8
111.8
104.1
104.6
103.1

105.2
110.4
103.6
98.0
101.5

108.4
113.8
104.8
101.0
101.5

107.0
114.2
107.9
97.1
102.3

108.6
113.6
104.0
101.7
102.1

106.8
111.8
104.1
99.8
101.5

106.7
109.2
104.5
103.1
98.5

8.5
2.3
6.9

11.1
4.7
8.0

147.1
230.6
129.5

148.4
234.8
130.9

150.3
241.8
131.4

152.5
249.1
132.3

156.4
257.0
133.8

159.4
265.5
135.8

154.5
252.6
130.2

152.9
245.0
132.8

152.6
251.6
133.7

148.8
239.8
133.9

151.0
243.3
133.6

152.6
251.6
133.4

372-6,9
38
39

9.9
4.8
2.5
5.1
5.1
1.3

9.3
5.2
2.6
4.1
4.8
1.2

98.5
110.6
104.0
87.2
103.2
108.8

100.4
115.1
109.2
86.7
104.0
110.3

104.2
124.1
120.8
85.5
102.7
109.6

108.2
132.4
131.7
85.4
102.4
110.1

110.7
138.4
138.4
84.8
102.6
110.8

111.3
140.8
141.2
83.7
102.2
111.0

97.9
111.2
105.2
85.4
104.9
110.0

101.7
118.2
114.1
86.3
105.3
111.9

109.9
134.8
139.4
86.6
103.7
113.7

108.0
130.9
130.0
86.6
103.0
113.8

103.8
121.4
111.7
87.3
102.7
111.9

107.6
132.9
131.9
83.8
100.5
107.4

20
21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

37.0
8.6
.9
1.8
2.0
3.7

109.2
109.6
90.3
108.8
93.2
112.1

108.5
109.0
85.4
106.6
92.1
111.4

108.8
109.0
86.4
107.7
92.1
112.7

109.2
108.7
88.4
106.5
92.6
114.1

109.3
108.5
88.9
106.4
92.4
115.4

108.8
107.9
89.8
104.5
91.5
114.3

113.8
116.1
99.6
112.8
95.8
112.9

113.6
116.1
91.5
110.6
94.9
112.2

112.3
114.9
97.2
112.3
93.7
115.9

108.7
109.2
87.4
104.7
93.6
113.4

105.1
105.7
70.1
96.6
92.1
109.2

104.8
102.9
91.7
98.6
87.7
115.8

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

5.9
9.3
1.3
3.4
.2

100.9
118.8
103.5
117.5
83.6

101.1
118.3
105.3
116.7
83.5

101.6
117.8
108.2
116.5
83.9

101.7
118.4
107.8
117.8
83.5

101.4
118.3
107.6
119.6
85.0

100.5
118.8
106.0
119.3
84.8

107.2
123.9
108.7
118.0
85.2

107.3
124.7
109.9
117.6
85.2

104.8
119.2
109.6
119.1
85.8

101.7
116.1
109.7
117.7
85.6

98.7
113.1
106.8
117.1
85.3

95.1
114.0
99.0
117.2
82.9

10
12
13
14

8.0
.3
1.2
5.8
.7

7.0
.5
1.2
4.8
.6

96.6
152.9
98.5
93.3
94.1

97.4
159.4
104.4
92.6
94.5

98.0
175.8
104.4
92.6
94.1

96.3
162.2
101.1
91.6
94.8

96.8
167.9
104.7
91.3
94.9

97.6
169.2
106.4
91.9
95.6

96.5
157.2
102.8
91.0
102.0

97.5
162.8
107.5
91.3
100.5

99.5
169.9
108.5
93.5
99.9

98.8
162.6
103.8
94.4
96.3

97.7
159.8
99.9
94.5
90.7

98.0
161.6
106.8
94.6
80.3

491,3pt
492,3pt

7.7
6.1
1.6

8.1
6.3
1.7

118.4
119.5
114.4

116.2
115.8
118.0

114.9
113.7
119.1

116.0
115.2
118.9

117.1
116.3
119.7

121.2
119.8
126.3

119.5
132.2
72.4

109.8
119.4
74.3

103.7
107.2
90.8

111.2
108.0
123.0

129.1
117.8
170.9

144.1
126.3
209.8

79.5
81.9

79.7
80.2

111.8
108.4

111.9
108.6

112.2
109.2

113.0
110.2

113.8
111.2

113.9
111.1

115.3
111.2

115.5
112.0

114.9
112.2

112.6
110.0

110.7
107.5

110.0
107.3

9.7
5.1
4.5
4.3
0.3

10.1
5.3
4.8
4.5
0.3

11.0
5.9
5.2
4.8
0.3

12.0
6.6
5.4
5.1
0.3

12.5
6.8
5.7
5.5
0.3

12.8
7.0
5.9
5.5
0.4

9.9
5.2
4.7
4.4
0.3

10.7
5.5
5.1
4.8
0.3

12.3
6.6
5.7
5.4
0.3

12.0
6.6
5.4
5.1
0.3

10.8
6.0
4.8
4.5
0.3

11.6
6.4
5.3
4.9
0.3

Total index
manufacturing
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
Computer and office equip
357
Electrical machinery
36
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
Metalmining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

_

1987

SIC

item

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

_

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Memo: Motor vehicle assemblies 1
Total
Autos
Trucks
Light
Heavy and medium

iTTMIons of units at an annual rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation
equipment, instruments, and miscellaneous manufactures.




laoie £a
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

1992Q4
to
1ft93Q4

SIC

Seasonally adjusted
annua rate
1993
Q2
Q3
Q4r
Q1

Seasonallvariiustftf j
1993
1994
Oct/ Nov/ Dec/ Jan.P

Not seasonally adjusted
1994
1993
Oct/
Nov/ Dec/ Jan.P

Jan. 93
to
Jan. 94

Total index

4.2

5.2

2.3

2.8

6.5

.6

.8

.9

.5

.0

-1.4

-.6

1.1

4.7

Manufacturing

4.9

6.0

3.3

2.4

8.2

.7

1.0

1.0

.2

.3

-2.1

-2.0

.0

5.0

4.8
5.1

5.4
6.3

3.4
3.2

2.6
2.3

7.8
8.5

.8
.7

1.1
1.0

1.0
1.0

-.7
.5

1.1
.0

-1.4
-2.4

-2.6
-1.8

.3
-.1

4.3
5.3

7.8
5.1
5.4
4.6

9.2
-.4
7.5
-.7

4.2
-7.0
4.2
7.0

3.6
11.7
9.8
4.4

14.4
17.8
.2
7.9

1.0
2.8
-.5
-.2

1.6
-.2
-.5
1.1

1.7
1.4
.8
1.5

.6
.1
-.5
.1

1.5
3.6
-4.0
1.8

-1.3
-6.0
-2.0
-2.9

-1.1
-3.9
-.3
-A.l

.3
2.5
-3.6
-1.2

8.2
6.3
3.7
7.2

7.4
9.2
5.9
4.6
5.6

13.0
14.7
7.4
10.7
7.6

.2
1.4
5.2
-1.6
1.8

5.9
9.9
4.6
-.2
3.8

10.8
11.3
6.7
10.1
9.3

-1.1
.8
1.2
-4.1
1.1

3.4
.9
-1.0
7.5
1.4

2.5
3.7
4.5
.7
.5

-3.3
-5.7
-6.2
.4
.5

-1.3
.4
2.9
-3.9
.8

1.5.
-.5
-3.6
4.7
-.2

-1.7
-1.5
.1
-1.8
-.6

-.1
-2.3
.3
3.3
-2.9

4.6
3.1
.8
6.9
5.5

17.7
34.2
10.8

15.3
25.4
11.4

22.2
44.1
10.4

16.6
31.4
12.5

16.9
36.5
9.0

1.3
3.0
.4

1.5
3.0
.7

2.6
3.2
1.2

1.9
3.3
1.5

-.2
2.7
.7

-2.5
-4.7
.2

1.5
1.4
-.2

1.1
3.4
-.2

19.7
38.3
11.9

372-6,9
38
39

3.6
16.6
17.0
-10.8
-2.7
2.2

11.2
35.0
41.3
-11.4
-.6
3.0

-10.7
-11.5
-16.0
-9.7
-1.9
3.7

-16.1
-19.1
-29.7
-12.4
-2.9
-.8

38.5
91.1
124.8
-9.5
-5.4
3.2

3.8
7.8
10.6
-1.3
-1.3
-.7

3.8
6.7
9.0
-.1
-.2
.5

2.4
4.5
5.1
-.8
.1
.6

.5
1.7
2.1
-1.3
-.4
.2

8.1
14.1
22.2
.3
-1.6
1.6

-1.7
-2.9
-6.7
.0
-.6
.1

-3.9
-7.3
-14.1
.8
-.4
-1.7

3.6
9.5
18.1
-4.1
-2.1
-4.0

3.6
14.7
15.1
-10.2
-3.3
2.8

20
21
22
23
26

1.4
.5
-12.3
.8
-1.9
5.4

2.1
1.3
-7.0
4.3
-1.1
8.7

2.2
-.7
-23.6
4.8
-2.0
10.3

.9
3.3
-4.4
-1.7
-2.1
-5.0

.5
-1.6
-13.0
-4.1
-2.5
8.6

.2
.0
1.1
1.1
.0
1.2

.3
-.3
2.4
-1.2
.6
1.2

.1
-.2
.5
-.1
-.2
1.1

-.4
-.5
1.0
-1.7
-1.0
-.9

-1.2
-1.0
6.2
1.5
-1.3
3.3

-3.2
-5.0
-10.0
-6.8
-.2
-2.1

-3.3
-3.2
-19.8
-7.8
-1.5
-3.8

-.3
-2.7
30.8
2.1
^.8
6.1

.8
.0
-11,6
-2.4
-2.8
4.4

27
28
29
30
31

1.1
1.9
2.8
4.8
-3,5

2.5
.7
-3.9
6.5
-.3

2.2
5.5
.4
2.9
-7,9

-1.9
2.8
-.1
6.8
-7.9

1.5
-1.4
15.8
3.2
2.5

.5
-.5
2.7
-.2
.6

.1
.5
-.3
1.1
-.5

-.4
-.1
-.2
1.5
1.7

-.9
.4
-1.4
-.3
-.2

-2.3
-4.4
-.2
1.3
.7

-3.0
-2.6
.0
-1.2
-.2

-3.0
-2.6
-2.6
-.5
-.4

-3.6
.8
-7.3
.1
-2.8

-.4
2.4
2.5
4.2
-2.8

10
12
13
14

-1.1
3.3
-3.2
-1.3
1.2

-2.8
9.1
-4.9
-4.1
3.4

.4
5,1
-2.6
1.8
-9.1

-2.9
-17.6
-12.7
.1
7.5

1.1
20.7
8.6
-2.7
3.6

.7
10.3
.0
.0
-.3

-1.8
-7.7
-3.1
-1.1
.7

.5
3.5
3.5
-.4
.1

.8
.7
1.7
.7
.8

2.1
4.4
.9
2.5
-.7

-.7
-4.3
-4.3
.9
-3.6

-1.1
-1.7
-3.8
.2
-5.7

.3
1.2
6.9
.0
-11.5

-.6
-.2
-.6
-.8
1.2

491,3pt
492,3pt

1.2
.6
3.4

5.1
2.9
13.5

"»6,4
-1,4
-22,7

12.6
11.7
16.1

-5.2
-9.5
12.3

-1.2
-1.7
.9

.9
1.3
-.2

.9
1.0
.7

3.5
3.0
5.5

-5.6
-10.2
22.2

7.3
.8
35.5

16.1
9.0
38.9

11.6
7.2
22.7

6.9
5.8
11.0

4,2
3.5

4.3
5.1

4,4
1,5

3.9
.9

4.2
6,6

.2
.6

.7
.9

.7
.9

.0
.0

-.5
.2

-2.1
-2.0

-1.6
-2.2

-.6
-.2

4.3
3,3

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

24
25
32

Primary metals
33
Iron and stee
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Industrial machinery
and equipment
35
Computer and office equip.
357
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
Metalmining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AGGREQATIS
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

i

Note—Percent changes shown in'the "first i h d lastc olumns are~Msed on seasonally adjusted data.




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

SIC

1993
Proportion

I 19671993
Ave.

1973
High

19781980
High

1982
Low

19881989
High

19901991
Low

1993
Jan.

1993
Aug.

Sep.

Oct/

Nov/

Dec/

1994
Jan.P

81.4

81.4

81.7

82.2

82,9

83.1

80.3

80.4

80.8

81.5

82.2

82.1

84.1
78.7

83.9
78.9

84.4
79.3

85.3
79.9

86.1
80.5

85.5
80.7

Total industry

100.0

81.9

89.2

87.3

71.8

84.8

78.1

80.9

Manufacturing

85.9

! 81.2

88.9

87.3

70.0

85.1

76.7

80.0

Primary processing
Advanced processing

25.5
60.4

! 82.2
80.6

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

78.0 ' 82.9
76.0
78.8

49.4
1.7
1.4
2.3

79.0
83.1
81.7
77.9

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73.8
76.2
71.6
71.6

77.9
87.0
78.6
74.6

78.3
87.7
81.3
76.4

79.0
88.4
81.3
77.5

79.6
90.9
80.8
77.2

80.7
90.6
80.3
78.0

81.8
91.8
80.9
79.1

82.1
91.9
80.4
79.0

333-6,9
3331
3334

3.0
1.8
0.1
1.2
0.0
0.1

80.1
79.8
79.2
80.9
72.4
89.2

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74.4
72.2
71.4
75.8
73.6
97.3

84.0
84.6
83.0
83.2
84.3
94.4

87.1
88.9
86.5
84.5
81.3
85.5

87.3
88.7
86.3
85.3
85.4
85.3

86.5
89.6
87.5
81.8
79.0
85.2

89.5
90.5
86.8
88.0
81.5
83.0

91.9
94.0
90.8
88.7
86.4
82.8

88.8
88.7
85.3
89.0

34

5.1

77.2

87.8

83.9

62.9

82.0

72.0

75.6

77.0

77.0

77.9

79.0

79.4

79.8

35
357
36

10.9
4.7
7.9

80.8
80.5
80.4

96.4
90.9
87.8

92 1
93.5
89.4

64.9
63.1
71.1

83.7
84.4
84.9

71.4
63.4
77.3

78.5
75.3
80.3

83.7
83.6
83.1

84.1
84.2
83.7

84.7
85.8
83.6

85.6
87.5
83.8

87.3
89.4
84.5

88.5
91.2
85.3

37
371

74.9
75.7

83.8
93.4

372-6,9
38
39

10.4
5.4
2.7
5.0
5.3
1.3

75.5
82.0
75.6

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70.5
57.3
53.7
78.5
76.1
72.9

75.3
80.9
83.0
69.4
75.8
74.8

68.6
71.5
69.0
65.4
73.4
74.6

69.8
74.2
72.1
65.1
73.9
75.6

72.4
79.7
79.6
64.3
72.9
75.0

75.1
84.8
86.6
64.3
72.6
75.3

76.8
88.4
90.7
63.9
72.6
75.6

77.1
89.6
92.3
63.2
72.3
75.7

20
22
23
26
261-3
27

36.4
8.8
1.6
2.0
3.3
1.5
5.9

83.5
82.3
86.2
81.1
89.7
92.2
86.5

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80.4
80.8
78.5
74.9
86.3
90.2
78.5

82.8
80.5
90.7
80.6
88.6
92.5
82.0

83.0
80.6
91.1
80.1
89.9
90.3
81.7

82.4
80.0
89.2
79.2
89.2
92.1
81.7

82.5
79.8
90.0
79.2
90.1
92.2
82.1

82.6
79.4
88.8
79.8
91.1
93.2
82.2

82.6
79.1
88.6
79.7
92.0
93.5
81.8

82.1
78.5
86.9
78.9
91.1
81.1

9.4
0.8
0.4
1.1
3.3
0.2

80.0
85.5
84.8
85.5
83.6
81.9

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

79.4
75.3
76.6
84.5
78.3
76.4

80.6
86.2
86.8
89.2
83.7
82.4

81.4
85.7
90.1
89.5
84.4
80.8

80.9
84.6
84.9
91.0
83.7
80.9

80.4
84.4
82.6
93.6
83.3
81.6

80.7
85.2
84.8
93.3
84.0
81.5

80.4

80.6

82.3
93.1
85.1
83.2

91.8
84.6
83.3

10
12
13 !
138 I
14 !

6.6
0.5
1.2
4.3
0.5
0.6

87.4
78.3
87.0
88.3
72.5
83.8

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86.8
80.0 i
82.9 I
87.8 I
53.0
77.9

87.8
89.0
83.2 ,
89.9 |
66.5
80.3 j

87.0
79.6
76.1
91.6
70.0
80.1

87.7
82.9
80.6
91.1
72.9
80.4

88.4
91.3
80.5
91.3
70.8
80.1

86.9
84.2
77.9
90.5'
68.5
80.7

87.4
87.0
80.6
90.3
68.5
80.8

88.2
87.5
81.8
91.0
69.1
81.4

491,3ptj
492,3pt I

7.6
5.8
1.7

86.7
88.8
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.1 !
86.3
68.3 !

85.1 !
86.9 j
79.0 !

88.4
91.0
79.5

86.7
88.1
81.9

85.6
86.5
82.7

86.4
87.5
82.6

87.1
88.3
83.1

90.1
90.8
87.7

Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary meta s
iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

24
25
32

33
331,2

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

1

82.8

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




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

SIC

Item

Percent change
Annual rate
December to December
1967- 1967- 19751993 1975 1993
Ave.
Ave.
Ave. 1989 1990 1991 1992

"~

1993

Capacity indexes
Percent of 1987 output
1993 1993
Jan. ! Aug.

Sep.

Oct.

Nov.

Dec.

1994
Jan.

Total industry

2.8

3.7

2.4

1.9

1.9

1.6

1.7

1.9

135.0

136.5

136.8

137.0

137.2

137.4

137.7

Manufacturing

3.2

3.9

2.9

2.4

2.1

1.9

2.0

2.2

137.4

139.2

139.5

139.7

140.0

140.2

140.5

2.1
3.8

4.0
3.9

1.2
3.7

1.9
2.6

1.7
2.2

1.1
2.2

1.0
2.4

1.1

127.5

2-7 142.1

128.3
144.4

128.4
144.7

128.5
145.0

128.6
145.4

128.7
145.7

128.9
146.0

3.4
1.7
3.0
1.4

3.7
2.9
4.5
2.5

3.3
1.1
2.3
.8

2.4
1.0
2.7
.4

2.0
.6
2.2
.7

1.8
.1
.6
.3

2.2
.3
.8
1.0

2.6
.7
1.4
1.1

143.2
114.5
128.3
128.0

145.4
115.0
129.3
128.9

145.7
115.1
129.5
129.0

146.0
115.1
129.6
129.1

146.3
115.2
129.8
129.2

146.7
115.3
129.9
129.4

147.0
115.3
130.1
129.5

333-6,9
3331
3334

-.2
-1.0
-1.2
1.2
-.2
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.1
-1.8
-2.0
.1
-1.2
-.5

1.4
2.1
1.7
.2
2.4
1.2

.5
.8
-.2
.0
.3
.4

-1.1
-1.4
-1.7
-.7
.3
.6

-1.5
-2.4
-2.3
.0
4.1
.3

-1.1
-1.8
-2.0
-.1
1.7
.5

123.8
128.2
124.4
117.7
137.2
124.4

123.0
126.9
122.9
117.6
138.5
124.8

122.9
126.7
122.7
117.6
138.7
124.8

122.7
126.5
122.5
117.6
138.9
124.9

122.6
126.3
122.3
117.6
139.0
124.9

122.5
126.1
122.1
117.6
139.2
125.0

122.4
126.0
122.0
117.6
139.3
125.0

34

1.5

3.1

.8

.5

.3

-.1

-.2

-.2

129.4

129.3

129.3

129.2

129.2

129.2

129.2

35
357
36

6.5
20.1
5.2

4.7
12.0
6.1

7.4
24.3
4.7

2.5
8.7
4.3

4.9
15.8
3.5

5.4
14.2
2.6

5.2
13.3
2.9

6.0
14.0
5.2

169.7
255.0
151.1

175.7
275.7
155.7

176.5
278.7
156.4

177.4
281.7
157.1

178.2
284.7
157.7

179.0
287.6
158.4

180.1
291.3
159.1

37
371

2.6
3.1

3.0
4.5

2.4
2.5

372-6,9
38
39

1.9
5.2
2.1

1.3
7.6
4.4

2.3
4.0
1.0

3.0
3.2
2.0
2.7
2.9
1.4

.8
1.0
.7
.6
1.2
1.6

.8
1.8
1.0
-.1
1.3
1.7

2.1
3.7
5.1
.5
1.4
1.7

1.2
3.5
3.5
-1.2
1.5
1.6

142.7
151.7
147.9
134.2
139.4
144.4

143.7
154.8
150.9
133.2
140.6
145.7

143.8
155.2
151.3
133.1
140.7
145.9

143.9
155.7
151.7
133.0
140.9
146.1

144.1
156.1
152.1
132.8
141.1
146.3

144.2
156.5
152.6
132.7
141.3
146.5

144.4
157.1
153.1
132.5
141.4
146.7

20
22
23
26
261-3
27

2.9
2.6
2.0
1.2
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.4
.9
.7
2.1
2.1
3.2

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.4
1.6
.1
3.0
2.8
2.9

1.9
2.2
.9
-.6
2.4
3.0
1.5

1.7
2.5
1.0
-.8
1.7
1.9
.7

1.7
2.5
1.8
-.8
1.6
1.7
.7

130.3
134.1
118.1
116.9
123.6
121.0
123.1

131.6
136.1
119.4
116.3
124.8
122.3
123.6

131.8
136.3
119.6
116.3
124.9
122.4
123.7

132.0
136.6
119.7
116.2
125.1
122.6
123.7

132.1
136.9
119.9
116.1
125.3
122.8
123.8

132.3
137.2
120.1
116.0
125.4
123.0
123.9

132.5
137.5
120.3
116.0
125.6
123.1
124.0

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

3.8
6.8
4.5
1.5
5.5
-3.4

6.8
12.7
9.7
4.2
8.6
-1.5

2.4
4.0
2.0
.3
4.0
-4.3

3.6
6.4
2.5
-.7
3.8
-3.4

2.4
2.5
1.2
1.0
4.0
-3.5

2.9
2.4
2.8
-1.0
3.3
-3.5

2.6
1.5
6.6
-1.3
3.3
-3.6

2.3
2.9
3.9
-.5
3.0
-3.8

144.0
128.9
131.1
116.0
136.9
105.8

145.9
131.1
133.9
115.7
139.2
103.5

146.2
131.4
134.4
115.6
139.6
103.2

146.5
131.7
134.8
115.6
139.9
102.8

146.8
132.0
135.2
115.6
140.2
102.5

147.0
132.3
135.6
115.5
140.6
102.2

147.3
132.7
136.0
115.5
140.9
101.8

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.8

-.1
.7
2.5
-1.0
.8
2.6

.1
1.8
2.5
-.4
.1
.0

-2.0
10.9
2.1
-4.2
-9.7
.3

-1.3
4.8
2.1
-2.9
-9.5
-.2

-.5
1.9
2.1
-1.4
-5.5
-.5

-1.1
1.6
.9
-2.0
-8.2
-.1

-1.1
1.5
1.1
-2.1
-9.4
-.1

111.8
190.4
128.6
103.1
131.5
117.6

111.1
192.0
129.5
101.8
124.2
117.5

111.0
192.3
129.6
101.6
123.1
117.5

110.9
192.5
129.7
101.5
122.1
117.5

110.8
192.7
129.8
101.3
121.1
117.5

110.7
192.9
129.9
101.1
120.0
117.5

110.7
193.3
130.1
101.0
119.2
117.5

491,3pt
492,3pt

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

133.2
130.2
144.0

134.0
131.2
144.0

134.1
131.4
144.0

134.2
131.5
144.0

134.3
131.7
144.0

134.4
131.8
144.0

134.5
132.0
144.0

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

Mining
Metal mining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
Utilities
Electric
Gas
1. Series begins in 1977.




24
25
32

33
331,2

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
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
.1
.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
-.4

1.4
.2
-.5
.5
-1.1

.4
.0
.9
.3
-.8

.5
.8
.0
-.7
.2

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

.9
.0
-.3
.2
.9

.4
.6
-1.0
-.2
.2

.3
.6
.5
.3
.1

-.2
-.5
-.4
.0
.8

1.3
.3
-.4
-.5
-.2

.1
.6
.4
-1.3
-.2

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

5.5
3.8
3.9
2.1
-7.8

8.1
3.0
.3
1.1
1.0

5.2
2.9
-4.4
1.6
5.7

6.5
3.0
-.2
-5.2
.3

4.9
4.4
1.5
.0
-1.8

1992
1993
1994

-.3
.2
.5

.8
.6

.5

.7

.4
-.4

-.5
.3

.5
.4

-.3
.2

.1

.9
.6

.7
.ft

.6
.9

.3
5.2

5.6
2.3

.6
2.8

6.4
6.5

2.3
4.1

Industrial
Production
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

83.7
81.3
91.9
94.1
94.6

83.2
82.3
92.4
94.5
94.8

82.7
83.2
93.0
94.7
94.7

82.4
83.7
93.5
94.4
94.3

82.0
85.3
93.9
94.1
94.8

81.6
86.5
94.0
94.5
94.9

81.0
87.9
93.9
95.0
95.0

80.3
88.6
93.2
94.2
95.6

80.0
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
104.2

97.9
103.4
106.2
106.1
103.0

98.2
103.4
107.1
106.4
102.3

98.8
104.3
107.1
105.7
102.5

99.4
104.0
106.7
106.5
103.4

100.3
104.0
106.4
106.7
104.3

100.6
104.6
105.3
106.5
104.5

100.9
105.2
105.8
106.8
104.6

100.7
104.7
105.4
106.8
105.4

102.1
105.0
105.0
106.3
105.2

102.2
105.6
105.4
105.0
105.0

102.8
106.3
106.1
104.5
104.6

97.5
103.3
106.6
106.0
103.2

99.5
104.1
106.7
106.3
103.4

100.8
104.8
105.5
106.7
104.9

102.3
105.6
105.5
105.3
104.9

100.0
104.4
106.0
106.0
104.1

1992
1993
1994

104.3
109.2
114.4

105.2
109.9

105.6
110.0

106.4
110.5

106.8
110.0

106.2
110.4

106.8
110.9

106.5
111.1

106.6
111.3

107.5
111.9

108.3
112.8

109.0
113.9

105.0
109.7

106.5
110.3

106.6
111.1

108.3
112.8

106.5
110.9

Capacity
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

108.3
111.1
113.7
116.5
119.6

108.6
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
124.0
125.8
128.2
130.6

121.8
124.1
126.0
128.4
130.8

122.0
124.3
128.2
128.6
131.0

122.2
124.4
126.4
128.8
131.1

122.4
124.6
126.6
129.0
131.3

122.6
124.7
126.8
129.2
131.5

122.8
124.9
127.0
129.4
131.7

123.0
125.0
127.2
129.6
131.8

123.2
125.2
127.4
129.8
132.0

123.4
125.3
127.6
130.0
132.2

123.6
125.5
127.8
130.2
132.4

123.8
125.6
128.0
130.4
132.6

121.8
124.1
126.0
128.4
130.8

122.4
124.6
126.6
129.0
131.3

123.0
125.0
127.2
129.6
131.8

123.6
125.5
127.8
130.2
132.4

122.7
124.8
126.9
129.3
131.6

1992
1993
1994

132.7
135.0
137.7

132.9
135.3

133.1
135.5

133.3
135.7

133.5
135.9

133.7
136.1

133.9
136.3

134.1
136.5

134.3
136.8

134.5
137.0

134.6
137.2

134.8
137.4

132.9
135.3

133.5
135.9

134.1
136.5

134.6 1
137.2

133.8
136.2

76.4
73.0
80.4
80.3
80.6

77.9
72.8
80.1
80.7
79.9

77.3
73.2
80.8
80.7
79.1

76.7
73.9
81.1
80.9
79.1

76.0
74.6
81.5
80.9
78.9

75.6
74.9
81.8
80.5
78.4

75.0
76.1
81.9
80.0
78.7

74.5
77.1
81.8
80.2
78.7

73.8
78.2
81.6
80.4
78.7

73.0
78.7
80.9
79.6
79.1

72.6
78.7
80.8
79.7
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

79.3
83.2
84.8
82.3
79.8

80.3
83.3
84.3
82.6
78.8

80.5
83.2
84.8
82.7
78.1

80.8
83.8
84.7
82.1
78.2

81.2
83.5
84.3
82.5
78.7

81.8
83.4
83.9
82.5
79.3

81.9
83.8
82.9
82.3
79.4

82.0
84.2
83.2
82.4
79.4

81.8
83.6
82.7
82.3
79.9

82.7
83.8
82.3
81.8
79.6

82.7
84.2
82.4
80.6
79.3

83.1
84.6
82.8
80.2
78.9

80.1
83.2
84.6
82.5
78.9

81.3
83.6
84.3
82.4
78.8

81.9
83.9
82.9
82.3
79.5

82.8
84.2
82.5
80.9
79.3

81.5
83.7
83.6
82.0
79.1

78.6
80.9
83.1

79.1
81.2

79.4
81.2

79.8
81.4

80.0
81.0

79.5
81.1

79.8
81.3

79.4
81.4

79.4
81.4

80.0
81.7

80.4
82.2

80.8
82.9

79.0
81.1

79.8
81.2

79.5
81.4

80.4
82.3

79.7
81.5

Utilization
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994

j

'

^

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




10

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

QT

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change1
1982
1983
1984
1985
1986

-1.6
2.2
2.3
.1
1.3

2.9
.4
.6
.6
-.4

-.7
1.4
.9
.7
-1.0

-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

-.6
.2
.8

1.7
.1
-.9
.9
-1.1

.5
.2
.6
.4
-.9

.4
.7
.2
-.9
.3

.7
-.1
-.5
.5
.8

.9
.0
-.2
.0
1.0

.4
.5
-1.2
-.3
.3

.0
.4
.4
.5
.2

.2
.0
-.4
-.1
.9

1.0
.1
-.5
-.6
-.2

.4
.9
.3
-1.2
-.3

.6
.6
.2
-.5
.0

6.3
3.6
4.3
3.7
-9.1

8.6
3.3
-.3
.2
.8

5.6
3.0
-5.3
1.0
6.9

6.8
4.4
-1.3
-5.5
1.1

6.0
4.7
1.6
-.3
-2.2

-.4
.5
.2

.9
.4

.5
.2

.7

.4
-.2

-.4

.4
.4

.1

.9
.7

.8
1.0

.5
1.0

1.2
6.0

6.1
3.3

.9
2.4

6.5
8.2

3.0
4.6

Industrial
Production
1982
1983
1984
1985
1986

76.6
76.2
87.1
89.9
94.0

78.8
76.5
87.6
90.4
93.6

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
91.3
93.9

76.4
82.3
90.3
92.0
94.4

75.9
84.1
90.2
92.3
94.6

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

77.9
76.8
87.7
90.5
93.5

77.3
79.3
89.2
91.6
93.5

76.4
82.5
90.2
91.9
94.3

74.9
85.0
90.1
92.4
95.9

76.6
80.9
89.3
91.6
94.3

1987
1988
1989
1990
1991

96.2
103.2
107.7
105.5
103.7

97.8
103.4
106.7
106.5
102.6

98.3
103.6
107.3
107.0
101.7

98.7
104.3
107.6
106.0
102.0

99.4
104.2
107.1
106.6
102.8

100.3
104.2
106.8
106.6
103.8

100.7
104.7
105.5
106.3
104.1

100.7
105.1
106.0
106.9
104.3

100.9
105.2
105.6
106.8
105.3

102.0
105.3
105.1
106.2
105.1

102.4
106.2
105.4
104.9
104.8

103.0
106.8
105.6
104.4
104.7

97.4
103.4
107.2
106.3
102.7

99.4
104.2
107.2
106.4
102.9

100.8
105.0
105.7
106.6
104.6

102.5
106.1
105.4
105.1
104.9

100.0
104.7
106.4
106.1
103.7

1992
1993
1994

104.4
109.9
115.4

105.3
110.4

105.9
110.5

106.6
111.3

107.1
111.1

106.7
111.2

107.1
111.6

106.9
111.8

107.0
112.1

107.9
112.9

108.8
114.1

109.3
115.2

105.2
110.3

106.8
111.2

107.0
111.8

108.7
114.1

106.8
111.7

Capacity
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

105.8
108.5
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

104.2
106.9
109.7
113.4
117.9

104.9
107.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

106.3
108.9
112.4
116.9
120.5

105.2
107.9
111.1
115.2
119.2

1987
1988
1989
1990
1991

121.2
124.2
126.6
129.6
132.3

121.5
124.4
126.9
129.8
132.5

121.7
124.6
127.1
130.0
132.7

121.9
124.8
127.4
130.3
132.9

122.2
125.0
127.6
130.5
133.1

122.4
125.2
127.9
130.7
133.3

122.7
125.4
128.1
130.9
133.5

122.9
125.6
128.4
131.2
133.7

123.2
125.8
128.6
131.4
133.9

123.4
126.0
128.9
131.6
134.1

123.7
126.2
129.1
131.8
134.3

123.9
126.4
129.4
132.0
134.5

121.5
124.4
126.9
129.8
132.5

122.2
125.0
127.6
130.5
133.1

122.9
125.6
128.4
131.2
133.7

123.7
126.2
129.1
131.8
134.3

122.6
125.3
128.0
130.8
133.4

1992
1993
1994

134.7
137.4
140.5

134.9
137.7

135.2
137.9

135.4
138.2

135.6
138.4

135.8
138.7

136.1
138.9

136.3
139.2

136.5
139.5

136.7
139.7

137.0
140.0

137.2
140.2

134.9
137.7

135.6
138.4

136.3
139.2

137.0
140.0

135.9
138.8

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

73.7
73.8
80.6
80.3
78.8

73.5
74.2
80.9
79.6
78.4

72.9
75.2
81.0
79.2
78.7

72.3
76.0
80.9
79.5
78.9

71.7
77.5
80.7
79.5
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

74.7
71.8
79.9
79.8
79.3

73.7
73.7
80.6
80.0
78.7

72.3
76.2
80.9
79.4
78.8

70.5
78.0
80.2
79.1
79.6

72.8
74.9
80.4
79.5
79.1

1987
1988
1989
1990
1991

79.3
83.1
85.1
81.4
78.4

80.5
83.1
84.1
82.0
77.4

80.7
83.1
84.5
82.3
76.7

81.0
83.7
84.6
81.4
76.8

81.3
83.4
83.9
81.7
77.2

81.9
83.2
83.5
81.5
77.9

82.1
83.5
82.4
81.2
78.0

81.9
83.7
82.6
81.5
78.0

81.9
83.6
82.1
81.3
78.6

82.6
83.6
81.5
80.7
78.4

82.8
84.2
81.6
79.6
78.0

83.1
84.5
81.6
79.1
77.9

80.2
83.1
84.5
81.9
77.5

81.4
83.4
84.0
81.5
77.3

82.0
83.6
82.4
81.3
78.2

82.8
84.1
81.6
79.8
78.1

81.6
83.6
83.1
81.1
77.8

1992
1993
1994

77.5
80.0
82.1

78.1
80.2

78.3
80.1

78.7
80.6

78.9
80.2

78.5
80.1

78.7
80.3

78.5
80.3

78.4
80.4

78.9
80.8

79.4
81.5

79.7
82.2

77.9
80.1

78.7
80.3

78.5
80.3

79.4
81.5

78.6
80.6

1987
1988
1989
1990
1991
1992
1993
1994

Utilization
1982
1983
1984
1985
1986

!
'

~1
7
--

••

_1

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




11

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

Proportion
in total IP

Seasonallvadiusted

1937

1993

1993
July

Aug.

Sep.

Oct/

Nov/

Dec/

.33
.06
28
.09

.50
.06
.44
.12

170.4
136.1
177.4
138.5

152.9
70.5
169.4
140.2

159.4
104.8
170.3
142.6

175.8
128.2
185.3
149.9

162.2
131.0
169.1
146.4

167.9

12

1.23

1.15

100.9

98.5

104.4

104.4

101.1

13
131
132
138

5.79
4.91
3.12
1.80
.29
.58

4.81
4.08
2.29
1.79
.29
.43

91.6
91.3
79.7
111.4
112.8
83.5

93.3
92.8
81.2
113.0
114.2
87.0

92.6
91.8
80.3
111.6
112.8
89.7

92.6
92.2
80.9
111.8
112.6
86.5

91.6
92.0
82.1
109.1
104.3
82.9

14

.67

.56

92.7

94.1

94.5

94.1

20
201

202
2021
2022
2023
2024
2026

8.80
1.00
.40
.28
.31
.02
.86
.01
.1.9
.17
.09
.39

8.62
1.05
.35
.30
.38
.01
.78
.01
.21
.15
.09
.33

108.8
115.9
98.4
122.4
134.2
85.0
102.9
112.2
122.2
99.3
111.5
92.9

109.6
117.6
100.2
121.9
138.0
86.6
100.9
107.5
121.4
91.8
112.8
92.0

109.0
117.6
99.8
116.6
143.6
79.2
100.0
100.7
121,0
93.0
108.3
91.0

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

1.25
1.11
1.10
.62
.23
1.64
.54
.86
.99
.19

1.31
1.14
.97
.61
.26
1.56
.53
.83
.95
.16

116.3
112.8
99.6
109.3
119.8
105.0
109.5
107.5
107.0
96.9

115.7
114.8
99.5
110.4
124.8
106.5
112.6
108.3
108.4
94.8

21

1.03

.85

97.3

Textile m i l l p r o d u c t s
22
221-4
Fabrics
221,2
Cotton and synthetic
224
Narrow fabrics
Knit goods
225
Knit garments
2253,4,7-9
Fabric finishing
226
Carpeting
227
Yarns and miscellaneous
228,9
Cotton and synthetic yarns 2281,2,4

1.85
.53
.45
.04
.45
.33
.17
.22
.48
.28

1.79
.50
.43
.04
.49
.36
.14
.20
.47
.26

Apparel products

2.33
2.07
.85
.29
1.22
.72
.20
.18

Item

.

Metal m i n i n g
Iron ore
Nonferrous ores
Copper

SIC
10
101
102-4,8,9
102

Coal m i n i n g
Oil a n d g a s e x t r a c t i o n
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
Stone a n d e a r t h m i n e r a l s
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
Tobacco products

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




23
24
241,2
241
243-5,9
243 I
2435,6 I
245

1

'
Not seasonallvadiusted

1993
Julv

Aug.

Sep.

Oct/

Nov/

Dec/

170.1
144.6
175.2
138.9

157.2
73.0
174.0
142.4

162.8
105.7
174.2
145.7

169.9
123.1
179.3
149.2

162.6
121.1
170.9
146.5

159.8

104.7

93.5

102.8

107.5

108.5

103.8

99.9

91.3
91.5
81.7

91.0
90.2
80.3
107.3
112.1
87.1

91.3
89.9
79.9
107.3
110.5
92.8

93.5
92.3
81.4
111.1
113.7
94.2

94.4
93.6
82.1
113.4
106.3
95.0

94.5
93.8
82.5

106.7
82.3

89.5
89.3
78.9
107.3
111.3
80.9

106.8
94.1

94.8

94.9

99.8

102.0

100.5

99.9

96.3

90.7

109.0
115.4
98.8
116.7
137.9
76.4
101.4
107.5
123.7
95.7
108.7
9.1.2

108.7
117.8
99.0
117.5
144.4
79.0
100.1
105.7
124.3
91.1
105.5
91.0

108.5
118.8
102.7
119.6
141.1
79.3
100.6
106.8
122.5
93.5
108.6
91.0

110.1
111.8
99.3
107.3
134.0
77.5
104.4
86.3
119.1
98.3
136.0
93.2

116.1
119.7
105.5
116.1
143.2
82.5
98.4
80.0
116.7
80.4
131.0
90.3

116.1
120.4
103.6
120.2
144.6
80.8
94.2
81.0
117.5
72.9
110.7
88.8

114.9
122.3
103.3
125.7
146.0
79.2
94.8
94.6
122.5
79.3
95.4
88.0

109.2
117.7
96.6
126.0
139.5
80.8
92.4
96.1
122.8
74.8
83.0
87.5

105.7
114.9
95.5
124.6
132.7
82.3
97.5
113.8
123.7
97.9
81.2
88.2

115.6
115.2
99.9
108.6
124.5
104.8
108.2
108.4
107.7
93.5

114.7
116.2
97.1
108.6
124.6
106.1

115.7
116.1
96.6
107.5
124.5
105.5

113.3
117.7
98.0
109.4
123.4
104.8

106.7
119.1
93.8
120.8
125.8
94.1

105.8
102.9
87.8

140.7
118.9
110.2
115.0
123.3
110.7
104.9
120.2
110.8
93.9

117.0
118.8
94.5
128.4
131.4
101.5

107.0
106.0
87.2

134.1
117.4
109.3
105.6
119.0
116.7
120.1
124.6
116.5
94.3

133.5
119.6
100.9
129.4.
130.4
108.2

107.2
109.0
96.3

118.5
110.8
107.1
97.0
112.1
112.0
117.8
119.1
110.3
76.6

111.8
110.0
98.9

104.3
106.0
95.5

99.0
105.6
112.1

90.3

85.4

86.4

88.4

88.9

81.7

99.6

91.5

97.2

87.4

70.1

108.5
107.6
108.8
99.9
118.2
122.0
96.5
105.6
106.2
101.3

108.8
107.6
108.7
98.5
117.0
122.5
96.7
105.8
107.7
103.2

106.6
101.9
102.1
97.6
117.1
122.8
89.1
103.0
108.8
103.6

107.7
103.1
103.6
97.0
117.9
122.9
90.0
106.8
109.9
105.4

106.5
102.6
103.0
98.7
119.5
124.6
86.0
101.6
108.0
100.5

106.4
101.5
101.7
98.5
120.3
126.7
86.5
96.9
109.8
104.3

105.5
99.7
99.8
95.8
119.9
125.5
86.5
111.6
102.1
95.6

112.8
108.7
110.4
98.9
128.0
140.0
98.8
107.7
110.1
106.1

110.6
102.0
102.9
98.8
130.0
140.6
90.0
105.2
111.5
106.2

112.3
105.7
107.7
96.8
126.5
128.7
93.2
112.9
112.6
109.3

104.7
101.0
101.9
99.6
115.2
119.5
85.3
104.6
105.8
96.5

96.6
95.8
95.3
102.3
107.5
115.5
78.7
84.4
98.9
85.1

1.96

93.6

93.2

92.1

92.1

92.6

92.4

92.0

95.8

94.9

93.7

93.6

92.1

1.88
.73
.22
1.15
.60
.16
.19

99.6
96.3
85.4
102.2
91.2
87.1
115.8

100.9
97.6
86.0
103.3
93.0
88.7
115.5

101.8
95.8
89.1
105.6
95.3
90.7
120.7

104.6
102.3
84.2
106.1
95.8
88.7
123.4

104.4
99.1
87.0
108.0
97.2
89.5
130.4

105.9
100.6
84.5
109.9
99.1
92.8

99.3
95.2
89.9
102.1
94.0
86.7
110.5

105.2
101.2
92.0
108.1
97.1
91.7
131.7

104.8
99.8
94.5
108.3
97.5
92.9
129.6

108.6
107.2
92.7
109.5
98.5
94.7
136.9

1-02.0
95.7
87.0
106.4
97.2
88.7
123.7

98.1
90.7
82.5
103.2
96.7
83.3

12

175.1

166.9

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
I
Item
Furniture and fixtures
Household furniture

SIC

Proportion
in total IP
1987

1.47
25
251 | .69

I
I
1*1993
1993
July

Index. 1987=100
Seasonallvadiusted

Not seasonally adjusted

Aug.

Sep.

Oct/

Nov/

Dec/

1993
July

Aug.

Sep.

Oct/

Nov/

Dec/

1.37
.63

103.5
103.4

105.2
102.4

105.2
102.2

1.04.8
103.3

104.2
102.8

105.1
103.4

100.2
94.0

109.8
106.1

110.6
106.5

106.1
105.1

104.0
102.8

103.7
102.5

115.4
115.0

112.9
110.4
104.2
109.9
113.3
115.0
122.2
111.0

112.2
112.9
104.0
113.3
115.3
111.5
119.1
107.2

115.9
114.1

113.4
115.1

109.2
112.3

115.1
114.2
117.4
132.3
109.0

115.9
116.9
112.0
115.3
110.1

106.5
108.3
105.5

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

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.69
1.71
.16
1.03
.52
1.98
.75
1.23

111.7
111.3
107.0
111.2
112.9
112.0
116.9
109.2

112.1
110.4
105.9
109.5
113.7
113.6
119.9
110.0

111.4
112.8
105.4
112.8
115.0
110.3
117.6
106.2

112.7
113.1

114.1
114.4

112.8
115.6
112.4
121.4
107.4

114.2
117.6
113.9
121.8
109.5

115.8
126.3
110.0

109.6
109.9
109.8
108.8
112.1
109.4
116.5
105.4

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

6.51
1.76
1.79
2.97

5.95
1.28
1.65
3.02

101.6
79.5
103.0
113.5

100.9
79.2
101.7
113.4

101.1
78.9
103.5
112.7

101.6
80.2
103.5
113.0

101.7
80.5
102.2
113.9

101.4
81.0
100.1
114.4

104.5
75.2
102.2
123.3

107.2
77.1
101.1
128.6

107.3
80.7
101.0
127.0

104.8
87.7
100.6
117.5

101.7
86.1
100.8
111.5

98.7
80.7
102.3
107.2

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

28

8.76

9.30

118.6

118.8

118.3

117.8

118.4

118.3

122.4

123.9

124.7

119.2

116.1

113.1

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.90
.94
.05
.11
.64
.40

118.5
127.2
107.0
110.5
132.0
139.1

119.4
125.2
111.4
118.3
126.9
138.7

118.0
124.2
104.8
110.4
127.5
138.1

119.0
127.6
107.9
108.9
131.6
138.9

120.3
131.5
108.7
121.3
134.5
139.2

120.8
131.4
112.5
117.8
134.6
139.1

117.3
123.1
109.7
108.7
126.2
132.6

118.4
125.4
110.6
113.8
128.2
140.9

120.6
126.6
105.4
112.5
130.5
143.1

120.2
128.6
107.5
106.1
133.9
141.1

120.4
130.5
108.1
117.6
133.6
139.2

117.7
126.7
110.8
114.5
129.0
129.8

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.79
.43
1.64

114.5
111.1
115.5
117.3

116.6
112.4
120.7
118.6

113.3
111.2
114.0
118.6

113.0
111.1
111.4
119.5

114.6
112.5
114.6
119.2

114.4

114.6
111.1
118.1
117.9

116.1
114.2
116.1
121.2

116.2
114.3
115.3
119.0

114.5
112.2
114.6
120.0

107.5

111.6
120.4

113.7
110.7
115.3
117.3

108.0
121.4

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.88
2.47
1.51
.35
.52

117.9
136.3
107.8
88.1
126.4

117.6
137.9
105.3
88.0
125.4

117.9
137.6
106.6
87.8
123.8

116.3
135.8
105.5
89.3
127.0

116.5
135.7
105.0
90.2
128.9

116.1
135.4
104.6
90.3
127.6

126.4
147.9
115.6
95.6
123.4

128.3
152.7
113.8
96.1
123.0

127.9
153.6
113.4
91.9
124.5

117.9
138.1
106.8
87.8
125.1

111.6
130.6
102.5
74.6
127.3

108.4
128.1
99.3
63.1
124.1

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

1.34
1.13
.23
.20
.05
.11
.54
.21

1.27
1.08
.22
.21
.04
.10
.51
.19

103.2
103.6
104.5
113.7
90.9
104.6
100.4
101.0

103.5
103.2
107.7
112.2
87.1
97.3
100.7
104.4

105.3
105.7
104.5
115.7
99.2
94.9
105.2
103.1

108.2
109.7
111.9
122.0
102.9
95.7
107.6
100.2

107.8
108.9
109.5
120.7
99.7
98.3
107.2
102.5

107.6
108.6
108.6
119.6
91.8
104.3
107.0!
102.3!

109.3
108.9
120.7
116.8
85.9
106.4
103.6
111.8

108.7
107.5
123.3
113.1
84.2
98.0
102.8
115.5

109.9
108.9
117.7
117.5
92.9
97.9
105.5
115.5

109.6
109.1
112.1
125.9
94.8
97.0
105.3
112.6

109.7
109.3
100.6
127.5
101.8
101.7
108.5
111.4

106.8
108.3
91.5
126.4
100.1
107.6
109.6
98.4

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

3.21
.40
.56
2.25

3.36
.46
.55
2.35

116.9
129.8
108.8
116.1

117.5
132.1
109.3
116.5

116.7
126.2
107.4
117.5

116.5
128.3
106.4
117.2

117.8
124.2
108.6
119.1

119.6 112.3
126.0 I 109.6
112.2 107.5
120.5 114.0

118.0
133.5
112.6
116.6

117.6
128.8
111.0
117.3

119.1
137.7
109.7
118.2

117.7
118.0
108.6
119.9

117.1
106.3
108.2
121.3

31
314

.32
.16

.24
.11

83.8
74.5

83.6
76.1

83.5
76.4

83.9
77.3

83.5
76.1

85.0
76.4

80.4
73.6

85.2
78.1

85.2
77.7

85.8
77.9

85.6
77.5

85.3
77.1

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

2.41
.37
.20
.17
.13
1.43

2.14
98.8
•34 | 103.5
.17
96.3
.14
98.1
.11
94.2
1.22
94.7

98.4
99.5
92.0
100.6
90.4
94.8

99.9
104.0
97.8
97.8
89.8
96.7

99.7
100.9
91.3
99.4
93.4
96.0

100.8
103.3
95.5
100.6
95.7
96.3

102.3
108.1
104.8

100.3
107.2
101.5
112.3
89.0
94.6

102.7
103.9
97.2
120.8
94.7
97.0

102.7
102.9
94.9
116.4
93.6
97.7

104.5
104.9
96.0
121.3
98.8
99.1

101.5
100.9
89.5
99.3
97.4
98.1

96.7
91.2
76.9

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

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

Leather and products
Shoes




13

96.7
97.1

l

90.7
96.5

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

Proportion
in total-IP.

I

Index. 1987=100
Seasonallvadiusted

Not seasonallvadiusted

SIC

1987

1993

July

Aug.

Sep.

Oct/

Nov/

Dec/

1993
July

Aug.

Sep.

Oct/

Nov/

Dec/

33
331,2
331

3.33
1.93
1.48
.35
.20
.10

3.20
1.94
1.53
.33
.19
.10

105.6
111.9
115.6
106.0
110.5
106.9

107.2
112.8
117.1
106.3
111.4
106.3

107.3
112.4
115.8
105.4
110.1
105.9

106.1
113.3
117.1
107.8
113.7
107.2

109.8
114.3
117.1
102.9
105.5
106.2

112.5 103.4
118.5 110.4
122.6 I 115.0
108.5 105.1
112.6 110.2
110.9 104.6

105.2
110.4
115.1
104.5
109.7
103.6

108.4
113.8
117.2
105.1
109.9
104.8

107.0
114.2
117.5
108.0
113.3
107.9

108.6
113.6
115.6
102.7
106.2
104.0

106.8
111.8
114.5
105.1
110.0
104.1

1.13
.19
.14
.12
-62
.45

1.20
.19
.13
.13
.05
.69
.41

118.6
104.9
105.5
125.0
107.8
125.7
99.5

120.4
114.9
104.5
126.6
100.5
126.5
98.5

119.1
112.8
106.4
126.9
101.9
124.1
101.0

120.1
114.8
105.6
125.0
96.2
126.3
100.4

121.6
122.7
105.8
129.0
112.6
124.2
105.0

127.1
138.9
106.3
138.0
91.2
129.4
107.2

118.1
90.2
100.1
130.2
117.6
128.6
95.1

118.4
111.1
99.4
128.8
105.1
124.3
95.1

121.0
115.4
104.4
132.1
100.4
126.4
102.5

120.5
121.1
103.3
131.7
86.6
125.3
103.3

119.6
121.6
103.9
131.3
101.8
122.0
107.0

117.4
109.7
99.4
125.1
103.3
123.8
103.2

333-6,9
1.40
333 ! .22
3331
.03
3334
.14

1.26
.23
.03
.14

97.0
110.1
116.6
111.9

99.4
110.2
112.6
106.7

100.3
117.9
118.4
106.4

96.2
113.5
109.6
106.4

103.5
111.7
113.3
103.7

104.3
114.0
120.3
103.4

93.9
106.2
109.1
111.2

98.0
107.7
112.1
106.1

101.0
116.8
119.6
105.7

97.1
114.6
112.9
106.6

101.7
112.2
117.8
104.4

99.8
113.2
118.4
103.5

335,6
335
3353-5
336

.99
.75
.24
.25

.83
.62
.22
.21

91.6
91.0
98.2
93.4

94.7
94.8
101.8
94.1

94.2
93.4
109.9
96.5

89.0
86.3
87.0
97.0

99.6
99.7
115.6
99.4

100.7
101.2
116.4
99.0

88.8
88.8
101.5
88.9

93.2
93.5
100.6
92.4

94.6
94.6
106.5
94.8

89.7
87.0
87.7
97.8

97.1
96.2
105.8
99.8

94.6
92.4
96.9
101.2

Fabricated metal products
34
Metal containers
341
Metal cans
3411
Hardware, tools, and cutlery
342
Hardware and tools
3423,5,9
Structural metal products
344
Other fabricated metal products 345-9
Fasteners, stampings, etc.
345-7

5.42
.30
.28
.58
.52
1.35
2.98
1.63

4.86
.30
.27
.50
.45
1.17
2.71
1.55

99.6
111.0
111.6
96.9
95.5
95.9
100.9
104.5

99.6
110.7
111.0
97.0
95.5
96.2
100.6
104.0

99.6
109.1
109.2
96.5
95.5
98.2
100.4
104.1

100.7
112.2
113.2
95.6
94.4
98.4
101.8
107.2

102.1
108.7
109.8
96.9
95.5
98.9
104.0
110.2

102.6
107.1

99.3
120.4
121.4
97.0
96.0
97.1
98.6
103.0

.101.5
125.2
126.6
99.9
98.7
99.0
100.7
105.3

101.5
114.4
115.1
100.4
99.7
99.0
101.3
106.8

102.3
103.8
104.5
98.3
97.0
101.0
103.8
110.1

102.1
95.4
95.9
96.3
94.5
101,2
104.6
110.3

101.5
89.3
95.3
93.4
102.5
103.9
107.2

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

8.54
.51
.41
.82
1.00
.70
1.00
.32
.67
2.34
.83
.95

11.10
.50
.48
.82
1.02
.71
1.05
.31
.74
4.70
.86
.97

146.1 147.1
110.5 107.9
132.6 136.8
113.3 112.0
114.1 114.0
113.0 114.0
119.2 118.2
109.1 107.7
124.1 123.1
226.5 230.6
114.3 114.4
114.7 114.5

148.4
112.5
136.6
113.7
112.9
114.0
116.1
105.2
121.3
234.8
113.9
115.3

150.3 152.5
110.7 111.1
139.0 137.8
113.9 112.9
112.8 113.9
112.1 114.7
115.6 116.7
106.0 104.9
120.2 122.4
241.8 249.1
117.3 120.7
113.5 113.7

156.4 150.2
114.5 109.8
137.8 120.4
116.2 112.4
116.9 117.8
115.0 109.5
117.4 120.8
105.9 105.2
122.9 128.2
257.0 238.0
126.5 122.4
116.4 120.2

154.5
105.6
127.0
111.2
120.8
111.5
120.8
104.2
128.7
252.6
117.2
123.3

152.9 152.6
111.0 111.7
127.3 133.4
112.8 114.0
120.3 113.6
111.8 112.3
121.1 116.7
104.5 105.1
129.0 122.2
245.0 251.6
118.1 113.2
122.4 115.0

148.8
113.8
135.3
113.3
112.3
116.0
115.3
106.3
119.7
239.8
110.8
110.6

151.0
119.1
139,0
119.1
111.7
119.2
114.6
109.7
117.0
243.3
112.0
110.4

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

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

6.92
.97
.33
.54
.09
.10
.10
.24
.10
.09

7.96
.88
.26
.56
.08
.11
.11
.26
.10
.08

128.6
100.7
89.8
118.7
102.5
112.5
136.1
120.2
112.0
109.5

129.5
102.4
91.7
112.9
91.0
119.0
113.8
118.2
115.0
102.8

130.9
101.7
89.8
116.8
93.0
126.0
118.4
121.4
119.6
106.3

131.4
99.7
87.9
121.6
103.3
127.4
125.2
124.5
120.2
112.6

132.3
99.9
89.2
124.1
103.8
125.2
141.5
124.1
119.2
111.8

133.8
100.6
88.1
123.9
100.9
127.7
134.0
126.9
123.2
114.8

124.3
104.0
91.7
103.5
80.8
114.1
94.1
111.5
106.5
88.1

130.2
106.7
98.2
111.7
94.8
98.0
119.0
121.2
117.6
99.6

132.8
105.9
95.8
120.4
96.3
126.2
121.3
126.6
123.7
106.8

133.7
100.2
89.9
130.9
122.9
131.9
133.8
132.3
131.1
122.8

133.9
98.3
86.8
119.2
1Q9.7
104.6
131.2
124.1
130.1
106.1

133.6
97.3
85.8
105.5
82.1
85.9
106.2
122.8
125.3
104.5

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

365
366
367
369
3691

.22
1.44
2.23
.78
.12

.30
1.51 I
3.23 |
.87 !
.11

172.2
116.2
160.2
123.5
98.8

169.6
116.7
164.6
122.7
98.3

163.9
117.7
168.3
124.4
101.2

159.0
116.2
170.7
124.9
99.3

152.8
118.7
171.9
124.5
97.5

155.8
119.4
174.0
125.9
93.0

132.5
113.2
157.1
118.2
92.9

186.3
115.8
163.4
124.3
111.4

186.8
116.1
166.4
127.8
126.Q

174.2
116.6
170.7
129.5
118.7

164.2
120.9
174.3
130.2
113.0

143.3
123.0
178.8
128.6
95.2

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

37
371

3714
3716

9.90
4.79
1.62
1.22
1.13
.63
.51
1.91
.05

9.30
5.22
1.43
1.66
1.56
.89
.67
2.09
.04

98.9
110.2
88.9
133.2
133.6
138.6
127.4
114.0
93.8

98.5
110.6
81.7
141.8
142.9
146.7
138.2
115.7
96.1

100.4
115.1
85.7
149.7
150.8
153.9
147.0
118.4
98.3

104.2
124.1
96.8
161.4
163.3
166.4
159.4
123.8
113.3

108.2
132.4
108.5
169.1
171.8
176.0
166.5
130.1
104.6

110.7 ; 86.4
138.4
87.0
112.4
58.1
177.5
91.2
180.1
89.4
188.0
91.3
170.3
87.1
136.2 108.6
111.5
97.4

97.9
111.2
82.6
143.8
144.8
148.5
140.2
114.9
97.7

101.7
118.2
88.4
157.2
158.6
163.3
152.9
119.1
95.3

109.9
134.8
112.2
182.4
185.4
191.3
178.2
124.1
116.9

108.0
130.9
107.7
164.7
167.6
172.6
161.4
130.1
85.8

103.8
121.4
93.3
141.2
142.0
146.8
136.1
133.6
80.5

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

5.11
2.95
.55
1.61

4.09
2.49
.45
1.14

88.3
93.5
90.4
78.2

87.2
92.0
90.8
77.2

86.7
91.5
89.8
76.7

85.5
89.8
88.2
76.8

85.4
88.6
89.1
78.5

85.4
89.7
88.8
76.4

86.3
91.0
88.8
76.9

86.6
89.9
89.9
79.3

86.6
89.9
90.5
79.3

87.3
90.4
90.1
80.7

Item
Primary metals
Iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
Raw steel
Steel mill products
Consumer durable steel
Equipment steel
Construction steel
Can and closure steel
Miscellaneous steel
Iron and steel foundries
Nonferrous metals
Primary nonferrous metals
Copper
Aluminum
Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

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




I

i
332 \

.06

14

97.9
96.7
100.0
104.6
112.4

84.8
87.3
89.6 !
78.9

85.8
89.9
88.8
77.3

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

[

lndex."1987=100
Seasonallvadiusted

Not seasonallvadiusted

1987

! 1993
1993
Julv

Aua.

SeD.

Oct/

Nov/

Dec/

1993
Julv

38
381-4
384

5.13
4.07
1.06

4.81
3.79
1.40

104.8
104.3
150.0

103.2
102.6
145.3

104.0
102.8
147.1

102.7
102.2
145.6

102.4
101.8
144.4

102.6
101.9
144.4

105.5
105.2
158.7

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.26
.65
.61

1.24
.62
.62

108.8
105.7
112.6

108.8
105.5
113.1

110.3
105.9
114.2

109.6
105.3
113.5

110.1
106.6
113.7

110.8
107.8
114.1

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.07
2.57
1.46
1.11

6.34
2.66
1.42
1.24

118.8
117.3
111.6
124.7

119.5
116.9
113.9
120.8

115.8
112.8
106.6
120.9

113.7
111.4
107.6
116.4

115.2
113.5
110.1
117.9

3.50
1.42
2.08
1.16
.92

3.68
1.50
2.19
1.23
.96

120.0
123.1
117.9
118.3
117.2

121.3
125.7
118.4
119.8
116.6

117.9
120.5
116.2
117.1
115.1

115.5
114.8
116.0
116.7
115.1

1.64
.56
.26
.56

1.74
.58
.28
.59

115.0
108.7
118.6
117.4

114.4
106.9
113.4
118.2

118.0
112.3
117.5
121.1

119.1
118.8
122.1
118.2

Item
Instruments
Scientific and medical
Medical instruments

SIC

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

492,3pt

Seo.

Oct/

Nov/

Dec/

104.9
104.8
157.1

105.3
105.2
158.1

103.7
103.4
151.3

103.0
102.4
144.7

102.7
101.8
137.7

105.7
99.9
112.0

110.0
104.9
115.4

111.9
108.0
116.1

113.7
111.1
116.5

113.8
112.2
115.4

111.9
108.5
115.5

116.3
114.5

132.3
130.2
127.6
133.7

132.2
127.6
128.2
126.7

119.4
112.7
110.5
115.7

107.2
102.4
102.4
102.4

108.0
107.9
105.0
111.7

117.8
116.3

116.5
116.3
116.6
116.4
116.8

117.7

133.8
142.7
127.7
132.8
121.2

135.5
144.4
129.5
134.4
123.3

124.3
125.5
123.4
126.9
119,0

110.7
101.4
117.0
116.0
118.4

108.1
102.6
111.8
109.0
115.4

118.9

118.9

119.7

73.7
36.2
60.8
93.0

72.4
33.4
56.8
93.0

74.3
39.5
60.8
92.6

90.8
70.1
85.0
101.2

123.0

170.9

Q3

Q4r

1993"
Aug.

Sep.

117.7

Aua.

114.3

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1987 dollars at annual rates, seasonally adjusted
1992
Item
1987
1993
Q3
Products, total

1993
Q1

Q4

Q2

Oct/

Nov/

Dec/

1994
Jan.P

1707.0 1887.2

1807.2 1847.6 1870.9 1873.1

1881.1 1928.3 1878.2 1886.3 1908.8

1929.5

1946.5

1955.2

1314.6

1481.2

1415.9

1451.2

1470.5

1469.8

1473.6 1514.7 1470.0 1479.5

1498.9

1516.8

1528.6

1537.2

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

944.4
253.1
128.1
125.1
691.3

912.9
230.5
112.5
118.1
682.3

933.7
241.8
121.3
120.5
691.9

943.0
252.5
129.8
122.7
690.5

937.2
249.3
125.9
123.4
687.9

938.9
246.5
119.1
127.4
692.4

960.1
266.1
138.5
127.5
694.0

937.3
245.1
117.6
127.5
692.2

940.2
248.1
121.5
126.6
692.2

953.1
258.8
130.9
127.9
694.4

961.7
267.3
139.5
127.8
694.5

965.4
272.2
145.3
126.9
693.2

967.8
274.2
147.1
127.1
693.6

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

536.8
520.1
451.6
68.5

503.0
488.2
413.0
75.1

517.5
500.7
427.5
73.2

527.5
511.0
440.0
71.1

532.6
516.8
447.5
69.3

534.7
517.5
449.8
67.8

554.7
537.0
470.9
66.2

532.7
515.6
447.9
67.7

539.2
521.5
454.1
67.4

545.7
528.2
461.7
66.5

555.0
537.5
471.2
66.3

563.2
545.4
479.7
65.7

569.4
551.5
486.9
64.7

392.5
162.7
229.8
60.3

406.0
158.7
247.3
68.0

391.3
153.0
238.3
65.6

396.4
154.6
241.8
66.9

400.3
155.7
244.7
68.1

403.3
156.4
246.9
67.6

407.5
159.6
247.9
67.4

413.5
164.2
249.4
68.3

408.2
159.8
248.3
67.5

406.9
160.6
246.3
66.6

410.0
162.3
247.7
68.2

412.7
163.3
249.4
67.9

417.9
166.9
251.0
68.8

418.0
166.3
251.7
69.9

Final products

Intermediate products
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1991
1992
1993
Three Months Earlier
1991
1992
1993
Six Months Earlier
1991
1992
1993

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

35.3
42.0
51.4

40.0
61.6
59.6

34.1
63.5
47.8

47.1
58.4
56.5

59.2
57.6
40.4

65.5
44.7
52.9

49.8
53.7
56.9

58.4
49.8
52.2

55.7
51.4
49.8

45.5
56.1
54.1

49.8
62.7
58.0

52.2
52.2
61.4

31.0
50.2
56.5

30.6
55.7
60.8

31.0
59.2
61.2

36.1
68.2
57.3

45.1
69.4
51.0

61.6
52.9
50.6

61.6
52.5
51.8

65.1
45.1
57.6

59.6
49.0
54.1

59.2
49.8
52.5

54.1
62.7
52.5

50.6
59.2
62.0

31.4
56.1
53.3

31.0
55.7
65.5

23.5
56.9
65.9

25.5
63.1
66.7

34.9
64.7
57.6

43.9
60.4
58.8

49.4
65.1
62.4

55.7
60.0
52.2

69.8
54.9
53.3

68.6
55.3
52.9

62.7
59.2
60.8

60.4
58.4
62.0

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



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
I
1987
Billion
1993
KWH
July
850.7 j 111.2

Index. 1987 = 100
Aug.
110.2

Sep.
111.3

Oct/
110.0

776.5
351.3
425.2
74.2

111.6
108.2
114.7
105.7

111.0
106.7
114.2
100.1

111.8
109.7
113.7
103.6

INDUSTRY GROUPS and SERIES
Metal mining
10
Iron ore
101
Copper ore
102

14.6
6.3
4.8

122.8
132.8
103.3

102.4
71.4
112.8

Coal mining

12

13.4

98.8

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

13
131
132

33.0
27.7
3.7

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

14
142
144
147

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

Seasonally adjusted

No seasonally adjusted
~
~~~
~~
Nov/
111.3

1993
Dec.P
July
112.6 I 111.8

Aug.
113.2

Sep.
115.0

Oct/
111.7

Nov/
110.6

Dec.P
110.0

110.4
105.7
113.8
104.2

111.9
106.8
116.5
104.6

113.1
106.7
118.8
105.4

112.6
107.7
117.0
100.6

114.3
108.8
119.1
97.6

115.9
111.6
119.8
102.6

112.3
107.2
116.8
104.4

111.0
106.2
115.2
104.9

110.2
104.8
115.0
107.9

112.9
95.5
115.6

121.6
116.5
116.0

123.0
117.1
115.6

122.2
118.2
118.6

124.0
134.2
105.0

102.9
74.4
110.3

114.4
98.4
117.8

121.1
117.9
115.1

122.7
115.9
116.8

122.3
120.6
117.3

98.0

94.8

92.3

95.4

95.1

77.5

86.4

88.0

89.5

97.0

102.9

100.7
100.7
87.2

98.7
97.8
85.2

101.4
101.3
91.2

104.3
105.5
85.8

102.1
102.6
89.2

101.0
101.2
86.3

100.3
99.9
88.3

97.4
95.8
85.7

102.3
101.4
92.0

104.0
105.6
84.0

100.6
101.4
86.1

104,7
105.7
83.9

12.3
3.5
2.9
3.9

106.5
113.3
125.5
92.0

104.5
114.4
123.8
88.3

109.1
117.2
125.7
92.8

106.5
120.0
123.0
87.3

103.4
120.4
121.5
82.2

105.6 106.2
119.7 119.0
122.6 132.1
88.7 | 89.8

107.7
120.5
136.1
90.4

110.1
128.0
134.9
90.8

107.2
129.9
137.2
83.9

105.8
129.6
132.2
81.8

105.8
122.3
123.3
87.8

20 i
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

118.2
125.9
108.5
118.9
122.4
124.8
136.2
119.0
106.3
102.6

117.4
122.6
107.3
119.5
121.9
124.8
133.3
121.5
103.2
103.5

118.5
123.9
107.3
118.4
122.6
125.5
131.9
124.5
107.4
107.1

115.6
120.2
106.8
116.5
120.1
122.1
129.1
123.5
103.8
102.9

116.5
122.8
104.5
119.6
125.3
121.6
136.4
115.4
101.7
104.1

117.8
125.1
111.2
116.2
125.4
123.4
132.0
125.1
99.1
105.4

124.2
135.9
118.5
121.2
121.0
134.2
129.2
110.7
117.7
112.9

127.4
133.9
115.8
138.4
124.8
137.1
131.0
118.7
118.5
114.5

129.4
136.6
114.8
144.1
127.0
138.4
134.2
124.3
118.2
115.0

122.0
124.9
106.7
135.6
126.2
126.8
141.8
124.2
107.4
107.1

117.3
121.5
100,4
121.0
129.8
118.9
152.9
122.9
99.1
101.8

114.5
120.8
105.1
109.4
126.0
118.1
148.4
134.0
92.3
100.4

21

1.7

92.9

90.3

90.3

86.8

90.4

98.3

92.0

100.5

101.4

97.4

89.1

90.4

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

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

113.7
102.4
134.5
125.0
118.2
119.0

110.9
103.6
125.1
114.9
115.0
114.8

112.5
101.1
130.7
118.9
118.7
120.3

109.2
98.1
128.5
116.0
113.0
118.4

112.0
101.8
130.8
119.3
114.0
117.4

119.0
106.6
137.8
126.3
122.3
117.9

113.6
102.2
139.3
120.7
116.9
116.1

125.9
117.9
144.4
123.3
130.7
126.8

124.8
112.1
150.0
129.5
130.2
129.2

115.3
103.1
134.9
122.6
120.0
123.2

108.0
98.0
125.3
118.1
110.0
112.5

108.5
97.2
123.8
121.1
112.9
110.7

Apparel products
Men's outerwear
Women's outerwear

23
231,2 ,
233

99.7
6.6
1.9 , 104.4
1 . 9 J 89.2

94.0
93.1
83.6

97.5
104.1
80.7

94.5
97.6
82.3

95.6
100.6
78.7

98,3
106.7
80-4

107.7
110.9
97.7

110.7
110.3
98.1

114.0
124.0
94.7

99.0
101.6
85.3

91.5
97.3
74.5

88.4
94.3
73.2

item
Total

1987 SIC

MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining

Tobacco products

Lumber and products
Lumber
Millwork and plywood

24 I
242
243

21.6
7.9
5.7

112.4
103.8
101.0

112.3
105.7
100.3

113.2
105.4
103.3

111.7
105.9
99.0

114.7
112.4
100.4

117.6
107.1
109.8

108.7
98.8
98.7

111.4
103.2
98.8

113.7
104.8
103.4

111.6
105.4
99,6

115.7
115.3
101.1

117.5
107.8
110.6

Furniture and fixtures
Household furniture

25

251

'5.7
3.2

114.2
106.1

111.8
105.1

114.0
105.0

111.3
106.1

111.4
104;6

114.2
107.3

108.8
96.5

117.5
108.9

119.8
109.3

114.2
107.9

110.9
104.7

112.2
106.4

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

26
261
262
263
265
267

97.0
7.1
51.6
26.0
4.5
7.6

115.0
108.8
108.2
139.9
111.6
119.0

116.1
101.8
111.5
137.0
112.2
115.1

117.7
109.3
114.5
138.5
110.4
119.1

113.5
107.8
109.9
127.1
113.2
114.6

117.9
125;5
114.3
130.0
114.0
121.5

117.9
109.9
114.8
125.3
120.0
122.4

114.8
107.9
108.5
136.3
113.7
119.3

118.0
102.1
113.4
137.3
116.1
120.5

118.5
110.3
113.1
138.4
115.4
125.3

115.1
110.1
111.0
130.2
114.0
117.6

118.2
128.0
114.3
130.4
112.9
121.7

116.8
110.6
113.5
128.4
116.6
118.7

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

127.5
114.0
130.3

126.5
112.4
129.5

128.5
114.8
130.1

126.0
112.5
128.5

127.4
111.1
129.8

128.2
112.0
132.8

139.5
125.8
141.8

143.1
126.2
146.6

144.0
127.2
146.4

130.4
114.3
134.5

123.9
106.6
128.2

121.3
109.3
123.6

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

146.2
61.8
14.1
29.1
10.9
18.2

113.3
112.2
125.5
114.1
104.0
120.3

110.2
106.3
127.3
101.9
103.7
100.4

111.6
109.7
123.9
107.8
104.6
109.4

114.7
115.5
127.6
120.5
101.0
133.5

116.7
119.0
128.3
130.3
104.2
148.8

116.0
117.6
130.1
128.6
95.7
152.4

114.7
111.4
127.8
111.7
105.0
116.4

113.0
108.3
126.6
102.5
105.4
100.4

113.8
110.3
124.6
106.2
102.7
108.7

115.7
116.5
126.2
122.2
100.6
137.6

114.6
116.8
125.5
126:6
102.0
144.0

114.7
117.1
126.9
129.1
98.2
151.0




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. U 87=; 1QQ
Item

1987
Billion
1987 SIC I KWH

Seasonallvadiusted
1993
July

Aug.

Not seasonally adjusted

Seo,

Qct

r

Nov/

Dec.P

-1553
July

Aug.

Sep.

Oct/

Nov/

Dec.P

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

26.5
14.2
5.5
3.1
36.0
8.5

109.6
119.9
126.5
116.5
114.1
113.7

112.0
115.9
128.1
113.8
107.9
116.2

107.8
109.7
127.8
115.3
115.9
110.4

109.8
114.6
122.8
114.1
115.5
111.3

110.4
116.4
125.8
t13.5
112.5
113.9

108.0
118.0
124.6
114.2
120.2
112.3

113.8
122.4
137.7
124.9
113.9
112.0

114.9
117.8
142.2
123.0
111.4
115.3

112.4
114.2
143.1
122.6
119.5
112.0

110.1
115.1
125.8
115.5
119.0
111.4

108.9
115.3
119.8
110.8
111.5
114.0

105.7
115.8
116.6
108.4
117.4
112.8

29

40.1

109.2

110.5

111.7

110.0

111.6

114.3

113.6

116.4

115.7

110.3

109.0

113.9

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

30
301
306
308

33.1
3.6
3.1
24.9

126.4
113.2
109.0
129.4

129.1
113.3
107.3
133.2

130.8
111.5
107.8
135.5

124.8
108.5
104.2
129.9

128.4
111.1
104.8
133.2

133.0
111.2
138.3

126.6
113.7
107.9
129.7

132.6
123.6
111.5
135.2

134.6
119.8
111.5
138.2

130.3
113.8
107.8
134.5

129.4
109.2
105.6
134.8

126.7
102.9
107.4
132.4

Leather and products
Shoes

31
314

1.0
.4

102.6
9.1.8

95.6
84.9

100.4
89.8

97.5
89.5

96.7
89.2

100.2
92.1

99.9
91.1

103.4
94:9

105.9
96.4

98.4
88.0

95.2
88.4

94.9
85.1

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

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

102.7
104.6
102.2
100.7
108.7
90.6

99.8
99.1
99.3
94.8
104.2
91.4

103.5
102.3
104.8
99.8
106.6
94.4

101.8
100.2
99.0
101.4
103.5
92.3

105.8
103.9
104.8
108.5
105.5
93.8

106.6
106.6
105.4
106.8
108.5
96.9

104.5
104.4
104.4
106.0
108.9
92.0

104.4
102.8
102.3
102.1
107.5
94.0

106.4
105.3
106.4
105.7
109.9
96.7

1063
101.6
101.8
110.7
105.6
95.6

107.3
105.4
104.5
111.1
106.1
95.6

105.2
106.4
102.2
106.2
108.9
95.9

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

33
331
332
333
3334
336

137.9
54.4
9.9
55.8
51.2
2.7

108.2
113.1
106.7
98.4
95.6
105.6

107.7
112.0
104.5
94.6
97.2
105.6

112.2
113.4
108.5
94.7
111.3
105.0

104.8
111.1
108.0
82.6
94.5
103.6

106.1
115.2
112.9
91.1
87.9
106.8

105.3
114.1
115.4
84.2
89.0
110.6

107.0
110.1
102.1
98.1
98.2
102.1

107.2
111.9
100.8
93.8
97.3
106.4

111.4
112.7
110.1
94.2
108.6
109.1

107.0
113.7
111.0
85.7
95.8
107.6

107.1
116.8
115.1
92.5
87.5
107.5

104.7
112.1
111.0
85.8
89.7
107.8

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

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

108.5
122.9
111.3
101.1
103.0
118.5

108.2
123.6
110.8
98.1
101.2
117.2

109.2
121.9
111.4
99.4
104.8
118.5

108.2
120.4
109.3
101.3
102.6
116.3

109.4
118.5
109.8
97.9
105.9
121.0

112.7
119.6
113.3
102.0
107.4
124.4

109.8
127.3
112.0
101.9
104.0
115.4

111.1
126.8
115.2
98.0
105.7
116.4

114.0
126.1
116.4
102.9
107.9
121.8

110.3
121.9
113.2
101.1
106.6
119.8

109.4
115.9
109.7
97.8
104.1
121.8

107.6
113.1
109.6
99.4
101.2
119.0

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

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

111.9
111.2
127.9
95.6
124.2
110.0
111.5
97.9
134.7

109.2
105.8
137.3
93.8
122.5
111.0
110.6
91.9
134.8

111.7
116.4
126.0
95.0
122.2
112.4
109.5
96.6
134.8

108.4
113.3
120.0
966
119.1
111.1
108.2
89.9
136.2

110.5
113.5
123.5
94.6
119.9
109.6
110.5
95.9
137.8

113.1
115.3
129.7
97.2
122.9
109.7
111.9
96.7
142.9

115.3
113.0
123.0
99.8
128.3
114.1
115.2
101.3
144.2

115.7
112.3
132.5
97.7
129.8
118.4
115.8
99.3
144.8

118.3
117.7
134.2
101.6
130.1
120.0
116.3
100.0
145.4

110.7
112.1
120.8
99.2
119.9
111.9
110.4
95.2
138.5

108.8
112.2
123.9
94.1
118.3
107.5
108.3
93.4
135.0

108.0
108.5
128.9
94.2
117.5
106.0
106.2
92.6
135.1

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

103.7
77.5
110.5
90.6
98.9
129.9
84.7
114.5

105.0
79.1
112.3
90.1
99.6
132.7
88.8
114.1

106.1
78.8
113.1
92.1
97.9
139.1
85.7
113.5

104.3
76.0
109.3
90.7
98.7
137.0
82.5
112.4

103.5
77.4
109.7
92.4
95.7
138.0
82.1
111.0

108.4
76.6
110.2
94.9
100.7
146.4
85.0
121.1

108.5
79.1
114.7
90.9
998
133.8
92.2
121.0

111.0
84.8
115.5
93.9
98.5
141.0
95.4
121.1

113.3
84.1
116.3
96.7
104.3
147.6
92.5
121.7

106.4
77.8
109.5
92.1
100.3
142,0
84.2
114.9

102.5
75.3
108.2
89.3
95.2
138.6
79.6
110.0

103.8
74.6
107.0
86.9
96.7
140.7
80.4
115.8

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

37
371
372
373

38.3
21.9
10.1
2.1

99.1
93.0
102.2
99.2

97.7
92.0
96.3
99.8

98.1
92.7
96.2
104.8

97.0
93.4
95.1
104.6

99.9
96.3
96.0
100.9

103.9
102.4
98.1
102.3

101.0
93.0
107.3
99.9

104.2
98.3
103.7
102.3

104.0
98.3
103.2
104.8

100.7
97.5
98.4
100.4

98.2
95.5
93.6
97.9

96.5
93.0
94.2
100.9

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

112.0
103.3

108.7
98.1

114.0
106.4

108.8
96.0

108.7
101.1

111.7
101.0

120.0
108.4

117.9
104.4

121,7
110.8

112.2
101.0

106.0
96.7

106.3
96.6

39

4.6

124.3

119.9

123.1

118.6

118.6

120.4

127.5

129.5

131.7

122.3

116.9

114.0

832,5
765.4
85.3

111.2
110.6
122.8

110.5
1098
118.5

111.7
110.3
120.4

109,3
109.6
120.2

110.3
111.1
117.2

111.1
112t4
116.6

111.6

113.6

iii:2

il2.8

124.2

121.2

115.-2114.3
117.9

110.9
111.4
119.1

109.5
110.3
115.1

108.8
109.5
121.7

Petroleum products

Miscellaneous manufactures

i n .3

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




17

Explanatory Note
i he 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 av ailable 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: 11) market groups (shown in table I). such as consumer
goods, equipment, intermediate products, and materials: and i2) 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 nomndustrial 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 info 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 rev ision 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 Mineral Industries and the Annual Sunex of Manufactures.
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines: and publications of the Department of Energy. On a monthly basis,
the indiv idual 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
ions 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 produetion-wprker
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 1987 to the present, IP is
aggregated on the basis of 1987 value-added weights. The aggregation of the index
for the 1982-86 period is based on 1982 weights, whereas 1977 weights are used for
the 1977-81 period. The other weight years in the postwar period are 1972, 1967,
1963, 1958- 1954. and 1947. The 1987*value-added weights used to aggregate the
index are shown in the first column of tables 1, 2, and 6, in the "1987" column under
the heading "Proportion in total IP." Proportions for the most recent complete year of
data are shown in the second column of tables 1, 2, and 6.
Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1 ARIMA
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1993;
for other series, the factors were estimated with data through July 1993. In some
cases, series were preadjusted for the effects of holidays or the business cycle before
using X—11 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 tKe level of the total IP index, without regard to
sign, between the preliminary estimate and its third rev ision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average rev ision
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:1
Rounding. In some eases, .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— IVX6 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— 19H6 Edition ($9.00 per copy..), write to. Board of Governors ol the
Federal Reserve System. Publications Services. Washington! l)C 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 l°94
revision to the index will be described in the Federal Resene Bulletin, vol X(>i March
1994). torthcoming.
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 indiv idual 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 capaerv index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output vallied in base-period
value-added per unit of actual output. The implied proportions of indi\ idual 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- M ) percent:
M
none of the broad aggregates has ever reached 1(X) 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 Resene 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
1994 revision to the index will be described in the Federal Reserve Bulletin, vol. 80
(March 1994), forthcoming.
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 t£ie 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 for 1994
At 9:15 a.m. on January 14, February 15, March 15. April 15, May 16. June 15. July
15, August 15, September 16, October 14, November 15, and December 14.

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