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.-iaSiSfe-.

FEDERAL RESERVE statistical release
For release at 9:15 a.m. (EST)
February 18,1993

G.17 (419)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.4 percent in January, c o m p a f e l i \ ^ a i S r # ^ ^ c ^ a i i ^ # ^ ^ ^ M e n t ^ December and
0.5 percent in November. The rise of 4.7 percent in the output of motor vehicles and parts accounted for about one-half of
the overall gain in total industrial production. Elsewhere, the output of consumer goods, business equipment, and
construction supplies advanced; the production of materials was little changed, and the output of defense and space
equipment continued its decline. At 111.0 percent of its 1987 average, total industrial production in January was 4.0 percent
above its year-ago level. Total industrial capacity utilization increased 0.2 percentage point in January, to 79.5 percent, the
highest rate since October 1991.
Market Groups
The output of consumer goods excluding autos and trucks rose 0.4 percent last month: Production advanced in
durable goods for the home, such as carpeting and furniture, and in nondurable goods, particularly foods and chemical
products. The output of business equipment other than motor vehicles, which had risen sharply in October and November,
(over)

INDUSTRIAL PRODUCTION AND CAPA(:iTY UTILIZATION: SUMMARY
Seasonally adjusted
Index, 1987=100
1992
1992
1993
Industrial Production
Oct/
Nov/
Jan.P
Oct/
Dec/

Percent chanae
Nov/

Dec/

1993 Jan. 92 to
Jan.P
Jan. 93

Total index
Previous estimates

109.7
109.7

110.3
110.1

110.5
110.5

111.0

.7
.7

.5
.4

.2
.3

.4

4.0

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

110.7
111.9
126.8
98.5
108.2

111.3
112.6
128.2
98.5
108.6

111.9
113.2
129.1
98.6
108.4

112.5
114.1
130.1
98.9
108.5

1.0
1.1
1.1
1.5
.3

.6
.7
1.1
.0
.4

.5
.5
.8
.2
-.3

.5
.8
.8
.3
.1

4.6
5.5
8.6
3.7
.3.1

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

110.6
109.5
112.0
98.8
110.7

111.2
110.1
112.6
99.8
111.3

111.7
110.7
113.1
98.3
109.6

112.4
111.5
113.4
98.6
108.2

.7
1.2
.2
.5
.5

.5
.5
.6
.9
.5

.5
.6
.4
-1.5
-1.4

.6
.8
.3
.4
-1.3

4.6
5.4
3.6
.8
1.3

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-92

1982
Low

Percent of Capacity
1992
1988-89
1992
High
Jan.
Oct/

Nov/

Dec/

Capacity
growth
1993 Jan. 92 to
Jan.P
Jan. 93

82.0

71.8

85.0

78.0

79.0

79.3

79.3

79.5

2.1

81.3
80.8
82.3
87.4
86.6

70.0
71.4
66.8
80.6
76.2

85.1
83.6
89.0
87.2
92.3

77.0
75.7
80.2
85.3
82.6

77.9
76.3
81.9
86.1
85.0

78.2
76.6
82.3
86.9
85.3

78.4
76.8
82.4
85.6
84.0

78.7
77.2
82.5
85.9
82.8

2.3
2.9
1.0
.1
.9

increased more slowly-about 0.3 percent-in both December and January; growth in the production of both information
processing equipment and industrial equipment slowed in December and January. The production of materials edged up last
month, with gains in durable materials, particularly those used by the motor vehicle industry, nearly offset by losses among
nondurables, such as paper and chemicals; output of energy materials was about unchanged. Since October, the overall
output of materials has improved only slightly as declines in energy materials have about offset increases in durable and
nondurable materials.
Industry Groups
Output in manufacturing increased 0.6 percent in January and now stands 4.6 percent above its year-ago level.
In addition to the sharp rise in the output of motor vehicles and parts, output grew nearly 1 percent or more in petroleum
refining, primary metals, nonelectrical machinery, and miscellaneous manufacturing.
In January, the rate of factory utilization rose 0.3 percentage point, to 78.7 percent, and has risen
1.2 percentage points since September. Among advanced processing industries, motor vehicles and consumer chemicals
contributed most significantly to the recent increase in operating rates. By contrast, the utilization rate for aerospace and
miscellaneous transportation equipment dropped nearly 1 percentage point, a decline reflecting slack demand for both
defense and nondefense aircraft; this rate has fallen nearly 7 percentage points during the past year. Among primary
processing industries, operating rates for steel and petroleum refining rose sharply in January, while utilization in paper and
industrial chemicals declined.
In January, production at mines increased 0.4 percent as coal mining gained strongly, while output at utilities
fell 1.3 percent.

NOTICE
A revision to Federal Reserve indexes of electric power use by industry
appears in this statistical release. Revised statistics date from 1986. A revision to the
industrial production indexes will be available with the release of the March indexes on
April 16, 1993.
The revisions primarily reflect conversion of all the indexes from 1987
forward to the 1987 Standard Industrial Classification and the incorporation of more
comprehensive annual and monthly source data, where available, for the same period.
Table 9, showing the electric power usage indexes, now contains new indexes for SIC 267
and 308, and excludes indexes for SIC 264, 266, and 307, which no longer exist in the
1987 SIC. Information on definitional and other modifications to the structure and
composition of the production indexes, which are not extensive, will be provided at the
time of the release.
A diskette containing the new electric power indexes, along with the
industrial production indexes and capacity utilization rates published in this release, will
be available from the Publications section of the Federal Reserve Board (202-452-3245).




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Seasonally adjusted

January data
Industrial production indexes
Twelve-month percent change

Twelve-month percent change

Products

5

5 \Materials

0 \-

0
-5

-5 \-

-10

-10
Manufacturing

5

5
.Nondurable
manufacturing

0

0

-5

-5

-10

1
1988

1989

1
1990

1991

1
1992

1993

1988

1989

1990

^^

110 ~~~ ^0^0000~~0~0^

>

*"^

Capacity

[—
\

^~~*^\s-****

90
70

I

TV. - /

i

i

i

1993

i

i

i

-A 130
\

^ - ^ ' ^ ' ^

^^^^^

I

Production

i

1992

Ratio scale, 1987 production = 100

Capacity

\f^

1991

-10

Manufacturing

Total industry
Ratio scale, 1987 production = 1 0 0

130

1

1

^»~~*^\S>S^

-\

90

S~*
Production

i

i

i

i

i

II

I

Percent of capacity

I

I I I

i

i

i

i

i

i

i

i

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



70

Percent of capacity

3

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

i 1987

I

Index. 1987=100
SeasonallvAdiusted

1992
1992 ' Aug.

Sep.

Oct.

r

Not seasonally adjusted

Nov/

Dec.

r

1993
Jan.P

1992
Aug.

Sep.

Oct/

Nov/

Dec/

1993
Jan.P

100.0

100.0

109.1

108.9

109.7

110.3

110.5

111.0

111.8

111.7

111.2

109.8

108.2

108.7

60.8
46.0

61.2
47.1

109.8
111.5

109.6
111.2

110.7
112.4

111.3
113.2

111.9
113.9

112.5
114.6

114.1
115.7

113.9
115.4

113.0
114.6

110.7
112.3

108.9
110.8

108.9
111.5

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

26.0
5.6
2.5
1.5
.9
.6
1.0
3.1
.8
.9
1.4
20.4
9.1
2.6
3.5
2.5
2.7
.7
2.0

26.4
5.5
2.4
1.4
.8
.6
1.0
3.1
.8
.9
1.5
20.9
9.1
2.3
4.0
2.9
2.7
.7
2.0

110.8
109.2
106.8
100.6
87.2
123.1
116.2
111.1
110.6
103.6
116.1
111.2
110.1
95.0
122.0
121.8
106.2
99.0
108.9

110.7
106.9
104.5
98.2
88.1
115.1
114.0
108.9
108.5
100.9
114.2
111.7
108.9
95.5
124.1
124.2
108.1
103.5
109.7

111.9
108.1
108.8
105.9
88.5
135.1
113.3
107.6
103.8
100.5
114.3
112.9
109.8
94.9
126.8
124.1
111.5
110.3
112.0

112.6
109.4
110.1
107.2
89.4
137.1
114.4
108.9
103.8
101.4
116.5
113.5
109.8
95.5
128.4
126.1
111.9
107.6
113.5

113.2
112.1
114.7
116.5
97.7
148.1
112.0
110.0
104.2
104.4
116.7
113.5
109.6
95.9
129.8
126.5
109.7
105.8
111.2

114.1 116.3
114.9 i 110.6
120.3 108.4
125.0 101.3
103.9
86.6
160.3 126.0
113.3 119.2
110.6 112.3
103.0 107.7
106.0 105.7
117.8 119.2
113.9 117.8
110.0 117.3
95.6 100.2
131.4 134.1
127.4 135.2
108.7
98.4
107.6 101.0
109.2
97.5

115.7
110.5
108.4
101.5
88.2
123.8
118.8
112.2
107.3
105.6
119.2
117.1
116.6
98.0
136.8
133.7
95.3
104.6
91.9

114.0
117.6
119.9
120.0
102.2
149.9
119.6
115.9
122.3
105.0
119.2
113.0
114.2
96.8
127.7
125.1
93.6
108.7
87.9

111.0
111.1
111.1
108.3
91.5
136.6
115.4
111.1
109.6
103.4
116.9
111.0
108.7
94.9
123.5
121.6
107.6
110.0
106.7

109.3
103.5
101.6
95.9
82.1
119.0
110.3
105.0
92.1
99.8
115.4
110.9
103.8
91.7
122.8
122.0
127.3
110.3
133.6

111.3
107.3
109.4
109.3
92.2
138.0
109.5
105.6
102.1
98.0
112.4
112.4
104.4
89.7
122.1
119.9
141.7
106.8
154.7

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

20.0
13.9
5.6
1.9
4.0
2.5
1.2
1.9
5.4
.6
.2

20.6
15.9
7.2
3.1
3.8
3.0
1.2
2.0
4.1
.4
.2

112.5
125.9
143.5
182.0
102.7
132.6
101.3
114.4
81.8
75.0
106.1

111.9
125.4
143.5
184.0
101.6
130.4
99.1
115.8
81.1
74.4
111.2

113.0
126.8
145.7
187.0
102.0
133.0
105.2
115.5
80.5
80.2
119.9

114.0
128.2
147.7
190.0
103.4
133.8
107.7
115.9
79.8
85.2
127.1

114.7
129.1
148.4
192.9
103.2
137.2
114.4
117.4
79.3
88.5
138.0

115.2
130.1
149.4
195.8
103.7
139.8
122.3
117.1
78.7
84.7
138.2

114.9
129.5
151.4
199.1
105.4
128.3
102.0
118.1
80.9
75.2
124.0

114.9
129.4
149.2
194.6
105.2
130.9
101.6
120.7
81.0
78.4
122.3

115.3
129.8
148.9
193.6
103.1
140.9
117.6
115.8
80.0
87.6
134.3

113.9
127.7
147.2
188.7
102.4
136.2
107.4
113.3
79.6
95.8
120.6

112.7
125.7
145.3
185.2
102.4
130.2
94.9
111.8
80.3
101.0
104.2

111.8
125.2
144.4
186.6
100.0
133.1
108.3
112.4
79.2
91.5
109.0

14.7
6.0
8.7

14.2
5.4
8.8

104.4
98.5
108.5

104.5
97.1
109.6

105.5
98.5
110.4

105.5
98.5
110.4

105.9
98.6
111.0

106.2
98.9
111.3

109.0
101.2
114.5

109.4
101.1
115.2

108.1
101.9
112.4

105.7
98.9
110.4

103.0
95.3
108.4

100.8
92.5
106.5

39.2

38.8

108.1

107.9

108.2

108.6

108.4

108.5

108.2

108.4

108.5

108.5

107.2

108.4

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

19.6
3.9
7.8
7.9
2.8
9.1
1.1
1.9
3.9
2.2
10.1
6.6
3.5

111.1
103.9
117.0
109.5
110.9
110.3
102.9
108.9
111.9
112.6
100.9
101.4
100.0

109.9
102.3
116.4
108.1
108.1
110.5
103.9
112.7
110.9
111.5
102.0
101.8
102.5

110.9
103.5
117.2
109.1
108.5
109.7
103.3
109.6
110.2
112.6
102.0
102.1
101.7

111.4
103.1
117.7
110.0
110.8
110.6
103.9
111.0
111.1
113.0
102.0
101.3
103.5

111.6
103.2
118.2
109.9
108.1
111.0
103.7
113.2
110.7
113.7
100.5
99.4
102.6

112.3
105.2
118.3
110.5
108.9
110.2
104.3
110.7
110.2
113.1
100.4
99.6
101.9

111.0
101.4
116.4
111.0
106.8
110.1
107.4
109.7
109.6
112.9
101.7
100.3
104.6

110.9
101.6
116.0
111.1
107.9
112.2
107.6
112.9
112.9
112:8
100.7
99.4
103.3

112.4
105.4
117.2
111.5
109.1
112.5
107.5
109.9
111.1
119.8
98.4
98.0
99.1

111.5
104.3
118.6
108.9
108.9
110.6
103.4
111.3
111.0
113.0
101.4
101.3
101.8

110.1
103.1
119.9
104.9
103.0
106.7
96.7
107.7
109.4
106.2
102.4
101.0
105.0

109.3
103.8
118.1
104.3
107.5
109.3
102.1
113.3
109.1
110.1
105.8
103.3
110.6

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

97.3
95.3
97.5

97.5
95.8
96.0

109.3
109.6
107.3

109.2
109.5
107.0

109.8
110.1
107.8

110.4
110.7
108.3

110.4
110.7
108.5

110.6
110.9
108.8

112.1
112.4
109.6

112.0
112.4
109.7

111.0
111.3
109.2

109.9
110.2
107.8

108.6
108.8
106.3

108.7
108.9
106.7

Consumer goods excluding:
Autos and trucks
Energy

24.5
23.3

25.1
23.8

111.4
111.3

111.4
111.0

112.2
111.9

112.9
112.7

113.0
113.6

113.4
114.7

117.2
118.3

116.5
118.0

113.6
116.4

111.2
111.4

110.1
107.3

111.4
107.8

Business equipment excluding:
Autos and trucks
Office and computing equipment

12.7
12.0

14.8
12.8

128.3
116.8

127.9
115.9

128.9
117.0

130.2
118.2

130.6
118.8

130.9
119.5

132.2
118.3

132.1
118.9

130.9
119.4

129.7
117.9

128.7
116.1

126.9
115.3

Materials excluding:
Energy

28.4

28.7

110.8

110.1

110.5

111.2

111.4

111.6

110.7

111.3

112.4

111.2

109.0

109.3

Total index
Products, total
Final products

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




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1991 Q4
to
1992Q4 1

Seasonally adjusted
annual rate
1992
Q4 r
Q1
Q2
Q3

Seasonallvadiusted
1992
1993
Oct/ Nov/ Dec/ Jan.P

Not seasonally adjusted
Jan.92
1992
1993 I
to
Oct/ Nov/ Dec/ Jan.P Jan.931

Total index

2.1

-2.9

5.2

2.3

3.9

.7

.5

.2

.4

-.5

-1.3

-1.5

.4

4.0

Products, total
Final products

2.3
2.5

-2.8
-3.8

4.5
5.7

1.5
1.4

6.2
7.0

1.0
1.0

.6
.8

.5
.6

.5
.6

-.8
-.7

-2.1
-2.0

-1.6
-1.3

.0
.7

4.6
5.4

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

2.7
3.6
7.1
9.6
1.9
19.5
3.7
1.0
2.8
.5
.3
2.5
1.9
-.9
9.1
-.5
1.0
4.0
.0

-3.0
-6.5
-14.7
-30.9
-31.8
-29.8
12.1
.2
3.5
1.5
-2.1
-2.1
-.5
-5.0
3.2
-2.7
-11.0
-.5
-14.4

5.2
21.2
39.0
72.6
91.7
50.2
4.9
9.3
15.2
10.2
5.9
1.4
.1
2.6
9.5
-5.2
.8
3.3
.0

1.6
-4.2
-8.6
-17.9
-26.8
-4.3
5.5
-.7
58
-6.5
-.4
3.2
6.4
.2
4.2
-3.5
1.0
-7.0
4.0

7.3
6.1
21.4
47.2
12.6
102.1
-6.9
-4.5
-11.4
-2.6
-1.8
7.5
1.8
-1.4
20.2
9.9
14.9
22.1
12.5

1.1
1.1
4.2
7.9
.5
17.4
-.6
-1.2
-4.4
-.4
.1
1.1
.8
-.6
2.1
-.1
3.2
6.5
2.0

.7
1.2
1.1
1.2
1.0
1.5
1.0
1.2
.1
.9
2.0
.6
.0
.6
1.2
1.6
.3
-2.5
1.3

.5
2.4
4.2
8.7
9.3
8.0
-2.1
1.0
.4
3.0
.2
.0
-.2
.3
1.1
.4
-1.9
-1.7
-2.0

.8
2.5
4.9
7.3
6.4
8.2
1.1
.6
-1.2
1.5
.9
.4
.4
-.3
1.2
.7
-.9
1.7
-1.8

-1.4
6.4
10.6
18.3
15.9
21.1
.7
3.3
14.0
-.6
.0
-3.5
-2.0
-1.3
-6.6
-6.4
-1.9
3.9
^.3

-2.6
-5.5
-7.3
-9.8
-10.5
-8.9
-3.5
-4.1
-10.4
-1.6
-2.0
-1.8
-4.9
-1.9
-3.3
-2.8
15.0
1.1
21.4

-1.5
-6.9
-8.6
-11.5
-10.3
-12.9
-4.4
-5.5
-16.0
-3.4
-1.2
-.1
-4.5
-3.3
-.6
.3
18.3
.3
25.2

1.8
3.6
7.6
14.0
12.4
16.0
-.8
.6
10.8
-1.8
-2.6
1.4
.6
-2.2
-.6
-1.7
11.3
-3.2
15.8

5.5
13.4
27.7
48.3
31.4
72.4
3.8
3.5
3.3
4.8
2.7
3.5
2.5
.6
11.2
.4
1.8
3.6
1.1

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

2.3
5.1
10.7
20.5
-1.5
2.8
11.5
2.1
-9.9
9.0
47.7

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

6.4
10.7
13.3
22.0
6.3
16.1
59.6
2.5
-9.1
21.4
-2.0

1.2
4.3
11.4
26.7
-.3
-5.0
-12.5
3.3
-10.6
-8.2
48.9

6.7
9.2
12.5
20.4
1.2
13.1
44.5
7.6
-9.2
53.6
86.8

1.0
1.1
1.5
1.6
.4
2.0
6.1
-.3
-.6
7.7
7.8

.9
1.1
1.4
1.6
1.4
.6
2.4
.3
-.9
6.2
6.0

.7
.8
.4
1.5
-.2
2.5
6.2
1.3
-.5
4.0
8.6

.4
.8
.7
1.5
.5
1.9
6.9
-.2
-.8
-4.3
.2

.3
.3
-.2
-.5
-2.0
7.7
15.8
-4.1
-1.3
11.7
9.8

-1.2
-1.6
-1.1
-2.5
-.7
-3.4
-8.7
-2.1
-.5
9.4
-10.2

-1.1
-1.6
-1.3
-1.9
.0
-4A
-11.6
-1.3
.8
5.4
-13.7

-.8
-.4
-.6
.8
-2.4
2.2
14.1
.5
-1.4
-9.4
4.6

5.2
8.6
11.4
22.0
3.0
12.6
44.0
3.6
-9.2
17.9
40.6

1.7
3.2
.7

.8
2.7
-.4

.4
4.7
-2.2

1.8
3.7
.6

3.7
1.9
4.9

1.0
1.5
.7

.0
.0
.1

.4
.2
.5

.3
.3
.2

-1.2
.8
-2.5

-2.2
-3.0
-1.7

-2.5
-3.6
-1.8

-2.1
-2.9
-1.7

2.2
3.7
1.3

1.7

-3.2

6.4

3.6

.3

!3

.4

-.3

.1

.1

.0

-1.2

1.1

3.1

2.6
3.6
3.4
1.3
1.1
2.2
3.6
1.1
2.1
2.5
-.4
-.4
-.3

-2.6
-11.3
3.5
-4.0
-6.3
-1.4
3.0
-9.5
-2.1
5.1
-6.0
-6.2
-5.6

7.5
21.5
3.2
5.5
4.6
8.0
8.3
7.4
10.9
3.5
2.8
-.3
9.0

3.5
4.3
4.5
2.3
10.5
3.7
3.0
7.0
5.3
-1.3
3.6
8.8
-5.6

2.1
2.3
2.6
1.5
-3.6
-1.4
.2
.3
-4.9
3.0
-1.7
-3.4
1.6

.9
1.2
.7
.9
.4
-.7
-.6
-2.8
-.7
1.0
.0
.3
-.8

.5
-.3
.5
.9
2.1
.8
.6
1.3
.9
.3
.1
-.8
1.8

.1
.0
.4
-.1
-2.5
.4
-.2
2.0
-.4
.7
-1.6
-1.9
-.9

.7
2.0
.1
.6
.7
-.7
.6
-2.2
-.5
-.5
-.1
.2
-.7

1.3
3.8
1.1
.4
1.1
.3
-.1
-2.6
-1.5
6.3
-2.3
-1.4
-4.1

-.7
-1.1
1.2
-2.4
-.1
-1.7
-3.9
1.2
-.1
-5.7
3.1
3.3
2.7

-1.3
-1.2
1.1
-3.7
-5.5
-3.5
-6.4
-3.2
-1.4
-6.0
.9
-.2
3.2

-.7
.7
-1.5
-.6
4.4
2.5
5.6
5.2
-.3
3.7
3.3
2.3
5.3

5.0
10.4
3.7
3.6
3.6
2.8
5.5
3.1
2.5
1.7
-.1
-1.0
1.7

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

1.9
1.9
1.4

-2.2
-2.1
-3.5

4.0
3.8
4.6

2.8
2.9
1.4

3.0
3.1
3.2

.6
.6
.7

.5
.5
.5

.0
.0
.2

.2
.2
.3

-.9
-.9
-.4

-1.0
-1.1
-1.2

-1.2
-1.2
-1.4

.1
.1
.4

3.1
3.1
3.4

Consumer goods excluding:
Autos and trucks
Energy

2.3
2.9

-1.2
-2.0

2.5
5.7

2.8
1.6

5.4
6.4

.7
.8

.7
.7

.0
.8

.4
1.0

-2.5
-1.4

-2.2
-4.3

-.9
-3.7

1.2
.5

3.5
5.9

Business equipment excluding:
Autos and trucks
Office and computing equipment

4.6
1.7

-1.7
-6.7

7.6
8.2

5.8
-.5

6.8
6.5

.7
1.0

1.0
1.0

.3
.6

.2
.6

-.9
.5

-.9
-1.3

-.8
-1.5

-1.4
-.7

6.2
5.5

Materials excluding:
Energy

2.4

-2.2

7.7

3.6

1.0

.4

.6

.2

.2

1.0

-1.0

-2.0

.3

4.3

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

1. Based on seasonally adjusted data




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

Index. 1987=100
SeasonallvAdiusted

Not seasonally adjusted

1987

1992

1992
Aug.

Sep.

Oct/

Nov/

Dec.r

1993
Jan.P

1992
Aug.

Sep.

Oct/

Nov/

Dec/

1993
Jan.P

100.0

100.0

109.1

108.9

109.7

110.3

110.5

111.0

111.8

111.7

111.2

109.8

108.2

108.7

84.4

85.2

110.1

109.8

110.6

111.2

111.7

112.4

113.5

113.7

113.6

110.8

108.1

107.8

26.7
57.7

26.0
59.2

106.2
112.0

105.7
111.7

106.6
112.5

107.2
113.1

107.5
113.7

107.7
114.6

107.2
116.4

108.2
116.3

109.1
115.6

106.8
112.6

103.4
110.3

103.8
109.7

24
25
32

47.3
2.0
1.4
2.5

47.2
1.8
1.3
2.2

109.2
98.9
101.7
96.4

108.2
96.7
100.5
96.1

109.5
100.8
99.6
97.7

110.1
101.9
99.5
97.4

110.7
101.9
101.3
98.7

111.5
101.9
101.9
98.6

110.5
103.6
105.9
99.6

110.5
101.0
105.6
99.2

112.0
105.0
101.4
101.2

110.1
99.5
100.1
98.6

108.1
94.7
99.1
95.9

108.0
93.3
99.0
93.1

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

3.3
1.9
.1
1.4
5.4
8.6
2.5
8.6

3.1
1.9
.1
1.3
5.0
10.0
4.0
8.9

104.3
104.4
101.9
104.2
102.5
129.3
182.0
113.0

102.0
103.0
99.8
100.5
101.3
129.1
184.0
112.1

104.2
106.3
101.7
101.2
102.9
130.4
187.0
112.7

105.2
107.1
101.5
102.5
102.5
132.1
190.0
113.6

102.6
104.4
100.4
100.2
103.7
133.1
192.9
112.7

104.0
105.8
101.2
101.3
104.4
134.3
195.8
112.9

100.6
101.0
96.6
99.9
102.7
135.3
199.1
112.5

102.0
102.2
98.4
101.6
103.1
134.6
194.6
112.5

104.9
106.3
101.0
102.8
104.6
132.5
193.7
115.6

102.9
102.6
100.1
103.2
103.3
130.4
188.7
115.6

96.1
95.9
97.2
96.4
103.6
129.4
185.2
113.9

102.2
103.5
98.5
100.3
100.9
129.0
186.6
112.7

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

372-6,9
38
39

9.8
4.7
2.3
5.1
3.3
1.2

8.8
4.2
2.2
4.6
3.5
1.4

97.0
99.4
98.6
94.9
118.2
118.2

95.6
97.2
96.7
94.1
118.1
118.6

97.5
101.2
103.1
94.1
117.8
119.7

97.3
102.1
104.6
93.0
117.8
123.0

99.6
107.1
113.7
92.9
118.0
124.5

101.5
112.2
121.9
91.7
118.4
125.6

95.3
98.7
99.1
92.3
122.1
125.5

95.8
98.3
99.5
93.4
121.1
125.9

101.4
109.1
117.1
94.4
118.7
124.0

98.7
102.9
105.8
94.9
117.5
119.8

96.1
96.5
93.8
95.8
116.1
118.4

97.9
103.8
106.8
92.6
114.5
117.1

20
21
22
23
26

37.2
8.8
"1.0
1.8
2.4
3.6

38.0
8.9
1.0
1.8
2.1
3.5

111.3
110.6
115.9
106.1
97.6
106.3

111.8
110.2
110.5
106.6
97.6
108.6

112.0
111.2
107.6
106.1
97.2
106.2

112.6
111.1
108.4
107.2
98.1
107.6

113.1
110.7
109.8
107.9
97.7
108.7

113.4
111.1
110.5
108.6
97.7
107.9

117.2
117.0
122.8
112.1
100.5
107.1

117.9
117.2
115.6
112.4
98.7
109.4

115.5
115.5
119.0
111.1
99.1
108.9

111.7
110.6
109.6
106.4
98.8
106.8

108.2
107.7
86.2
99.2
97.2
102.1

107.5
105.2
107.0
100.0
94.9
108.9

27
28
29
30
31

6.4
8.6
1.3
3.0
.3

6.6
9.3
1.3
3.3
.2

111.4
117.6
104.3
119.0
84.8

113.2
118.3
107.4
117.3
86.4

113.4
118.7
111.3
118.3
87.0

113.7
119.7
110.7
119.4
87.5

114.8
120.5
108.8
120.9
87.4

115.5
121.0
110.2
121.3
87.4

123.3
122.4
111.5
121.2
89.7

123.8
124.8
113.1
121.7
88.8

118.1
120.1
113.4
122.7
91.3

112.5
117.2
112.-0
118.9
90.3

110.1
116.0
108.3
114.5
81.6

104.9
116.0
103.0
113.0
85.0

10
11,12
13
14

7.9
.3
1.2
5.7
.7

7.2
.5
1.2
4.9
.7

98.8
165.6
107.5
92.4
106.4

98.3
158.6
103.7
93.0
105.2

98.8
155.7
103.9
93.9
104.9

99.8
164.6
106.8
94.0
105.9

98.3
162.8
106.7
92.0
105.8

98.6
160.4
110.0
91.9
106.6

98.2
164.8
112.7
90.0
109.7

97.6
160.7
106.6
90.9
109.5

99.7
155.2
107.3
93.6
111.7

102.0
161.2
108.8
95.9
112.8

99.6
155.9
101.4
95.4
105.0

100.0
157.3
107.3
95.8
95.5

491,3pt
492,3pt

7.6
6.0
1.6

7.6
6.2
1.4

108.8
112.7
94.1

110.2
113.8
97.0

110^7
113.7
99.6

111.3
114.0
101.0

109.6
112.5
99.0

108.2
111.0
97.7

107.2
121.0
56.0

104.3
117.0
57.4

97.5
104.2
72.7

107.3
108.0
104.6

118.1
111.7
141.9

127.8
117.0
167.8

79.8
82.0

81.0
81.2

110.7
108.0

110.5
107.6

111.1
108.3

111.7
108.8

112.0
109.3

112.4
109.9

114.3
110.9

114.6
111.3

113.8
111.2

111.3
108.5

108.8
105.8

108.0
105.4

9.5
5.4
4.1
3.8
0.3

9.3
5.5
3.8
3.6
0.3

9.9
5.5
4.4
4.2
0.2

10.0
5.6
4.5
4.2
0.3

10.8
6.1
4.8
4.6
0.2

11.6
6.4
5.2
4.9
0.2

9.2
5.2
4.0
3.8
0.2

9.9
5.7
4.1
3.9
0.2

11.3
6.4
4.9
4.7
0.2

9.8
5.5
4.3
4.1
0.2

9.5
5.4
4.1
3.9
0.2

9.9
5.5
4.3
4.1
0.2

Item

_

SIC

_

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

37
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AQQREOATES
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines

Memo: Motor vehicle assemblies1
Total
Autos
Trucks
Light
Heavy and medium

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




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

SIC

Item

1991 Q4
to
1992Q4 1

Seasonally adjustec I
annual rate
1992
Q2
Q3
Q4r
Q1

Seasonallvadiusted
I
Not seasonally adjusted
1992
1993 1992
1993
Oct/ Nov/ Dec/ Jan.P
Oct/ Nov/ Dec/ Jan.P

Jan.92
to
Jan.931

Total index

2.1

-2.9

5.2

2.3

3.9

.7

.5

.2

.4

-.5

-1.3

-1.5

.4

4.0

Manufacturing

2.4

-2.1

5.5

2.1

4.2

.7

.5

.5

.6

-.1

-2.4

-2.4

-.3

4.6

2.9
2.2

-.3
-2.9

5.4
5.6

4.0
1.4

2.5
5.0

.8
.7

.6
.5

.3
.6

.2
.7

.8
-.6

-2.1
-2.6

-3.1
-2.1

.3
-.6

4.0
4.9

2.2
6.7
-.2
4.9

-3.9
14.8
-7.3
3.2

6.9
-7.1
13.2
9.6

1.6
7.7
-1.8
.9

4.8
13.0
-3.7
6.0

1.2
4.2
-.9
1.7

.5
1.1
-.1
-.3

.6
-.1
1.8
1.3

.8
.1
.6
-.1

1.4
4.0
-4.0
2.0

-1.7
-5.3
-1.3
-2.6

-1.8

24
25
32

-1.0
-2.7

-.1
-1.5
-.1
-3.0

5.4
4.6
3.3
6.2

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

1.5
2.6
1.9
-.2
1.4
7.4
20.5
2.4

-1.1
2.0
9.5
-5.5
-6.1
-2.2
13.3
.5

-2.1
-8.0
-6.1
7.1
6.5
12.6
22.0
4.9

9.3
12.3
9.6
5.2
1.9
9.9
26.7
2.7

.1
5.1
-4.3
-6.7
3.6
10.1
20.4
1.6

2.1
3.2
1.8
.6
1.5
1.0
1.6
.5

1.0
.8
-.1
1.3
-.3
1.3
1.6
.8

-2.4
-2.5
-1.1
-2.2
1.2
.7
1.5
-.8

1.3
1.3
.7
1.2
.7
.9
1.5
.1

2.8
4.0
2.6
1.1
1.5
-1.6
-.5
2.8

-1.9
-3.5
-.9
.4
-1.2
-1.5
-2.5
-.1

-6.6
-6.6
-2.9
-6.6
.3
-.8
-1.9
-1.4

6.4
8.0
1.3
4.1
-2.7
-.3
.7
-1.1

1.4
.7
-2.0
2.5
4.7
10.6
22.0
2.6

37
371
372-6,9
38
39

-1.9
6.7
8.5
-9.2
-.6
1.4

-16.3
-20.0
-31.0
-13.0
-.4
-1.2

12.6
44.4
75.1
-9.7
2.1
-6.5

-8.4
-9.3
-19.1
-7.7
-2.7
2.3

7.3
23.7
41.7
-6.4
-1.5
11.7

2.0
4.1
6.6
.0
-.3
1.0

-.2
.9
1.4
-1.2
.0
2.7

2.4
4.9
8.8
-.1
.2
1.3

1.8
4.7
7.1
-1.2
.4
.9

5.9
11.0
17.7
1.1
-2.0
-1.5

-2.7
-5.7
-9.7
.4
-1.0
-3.4

-2.6
-6.2
-11.3
1.0
-1.2
-1.1

1.8
7.5
13.8
-3.3
-1.4
-1.1

8.2
28.8
45.9
-8.1
.1
3.7

20
21
22
23
26

2.6
1.2
10.6
2.8
-1.2
.1

.3
-.1
6.8
.9
-4.6
-5.6

3.9
-1.3
10.6
7.1
2.9
3.3

2.7
3.4
38.2
1.8
-.7
5.7

3.4
2.9
-8.4
1.6
-2.1
-2.5

.2
.9
-2.7
-.5
-.3
-2.3

.6
-.1
.7
1.1
.9
1.4

.4
-.3
1.3
.6
-.4
1.0

.3
.4
.6
.6
.0
-.8

-2.0
-1.4
2.9
-1.1
.4
-.5

-3.4
-4.3
-7.9
-4.3
-.3
-2.0

-3.1
-2.6
-21.4
-6.8
-1.6
-4.3

-.6
-2.3
24.1
.8
-2.4
6.6

3.6
1.8
11.8
5.4
.2
.7

27
28
29
30
31

-.4
5.8
3.0
5.8
4.2

-.1
2.1
2.4
4.7
-6.2

-3.4
11.6
5.7
9.9
15.8

-3.6
4.2
-6.2
4.6
2.6

6.0
5.6
13.1
4.3
5.8

.2
.3
3.6
.8
.6

.3
.9
-.5
.9
.7

1.0
.6
-1.8
1.3
-.1

.6
.4
1.3
.3
.0

-4.6
-3.8
.2
.8
2.8

-4.7
-2.4
-1.2
-3.1
-1.1

-2.2
-1.0
-3.4
-3.7
-9.7

-4.7
.0
-4.9
-1.3
4.3

.6
7.3
3.4
7.1
5.3

10
11,12
13
14

-.8
6.9
-2.0
-1.2
-.5

-7.1
.8
-6.9
-8.4
-3.0

4.3
20.4
-9.7
6.5
4.8

1.3
11.8
17.9
-2.8
-2.0

-1.1
-3.9
-7.0
.7
-1.7

.5
-1.8
.2
.9
-.3

.9
5.7
2.8
.1
1.0

-1.5
-1.0
-.1
-2.1
-.1

.4
-1.5
3.1
-.2
.8

2.1
-3.4
.7
3.0
2.0

2.3
3.9
1.4
2.5
1.0

-2.3
-3.3
-6.8
-.5
-6.9

.4
.9
5.8
.4
-9.0

.8
11.2
2.5
-.6
1.8

491,3pt
492,3pt

1.0
1.7
-1.5

-8.5
-6.7
-15.9

1.5
2.3
-2.1

7.7
10.7
-4.1

4.2
1.0
19.4

.5
.0
2.6

.5
.2
1.5

-1.4
-1.3
-2.0

-1.3
-1.3
-1.3

-6.6
-10.9
26.6

10.1
3.7
43.9

10.1
3.4
35.7

8.2
4.8
18.2

1.3
1.5
.2

2.2
1.6

-1.1
-2.7

3.9
4.8

2.7
1.0

3.2
3.4

.6
.7

.5
.5

.3
.4

.3
.5

-.7
-.1

-2.3
-2.4

-2.2
-2.4

-.7
-.4

3.5
3.8

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

Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

•^.8

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




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

SIC

| 19671992
1992
Proportion i Ave.

1973
High

1975
Low

19781980
High

1982
Low

1988
1989
High

1992
Jan.

1992
Aug.

Sep.

Oct/

Nov/

Dec/

1993
Jan.P

Total industry

100.0

82.0

89.2

72.6

87.3

71.8

85.0

78.0

78.8

78.6

79.0

79.3

79.3

79.5

Manufacturing

86.2

81.3

88.9

70.8

87.3

70.0

85.1

77.0

77.9

77.5

77.9

78.2

78.4

78.7

25.1
61.1

82.3
80.8

92.2
87.5

68.9
72.0

89.7
86.3

66.8
71.4

89.0
83.6

80.2
75.7

81.7
76.3

81.3
76.0

81.9
76.3

82.3
76.6

82.4
76.8

82.5
77.2

49.6
1.8
1.4
2.3

79.2
82.2
82.3
78.0

88.8
90.1
96.8
89.2

68.5
62.2
64.3
67.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
91.2
88.3
86.4

73.8
77.4
76.1
70.7

75.2
78.3
77.7
73.4

74.4
76.6
76.7
73.2

75.1
79.7
75.9
74.4

75.4
80.6
75.7
74.2

75.7
80.5
77.0
75.2

76.1
80.5
77.4
75.1

333-6,9
3331
3334

3.1
1.9
0.1
1.2
0.0
0.1

79.9
79.2
78.7
81.3
72.5
89.6

100.6
105.8
102.7
92.9
92.1
95.7

66.2
66.6
66.0
61.3
55.0
73.3

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

91.6
92.0
94.1
95.0
97.9
103.5

79.2
78.1
77.4
81.0
77.5
97.1

81.8
79.5
78.3
85.2
94.3
100.5

80.1
78.8
77.0
82.2
90.5
99.6

82.0
81.6
78.7
82.7
88.5
99.5

83.0
82.5
78.9
83.7
91.2
99.4

81.2
80.7
78.3
81.8
88.1
99.0

82.4
82.1
79.2
82.8

Fabricated metal products
Nonelectrical machinery
Electrical machinery

34
35
36

5.2
10.3
9.4

77.7
81.0
80.0

87.8
96.4
87.8

65.9
74.5
63.8

83.9
92.1
89.4

62.9
64.9
71.1

85.1
83.5
83.1

74.6
74.1
74.6

76.2
77.3
75.1

75.3
76.9
74.3

76.4
77.4
74.5

76.1
78.2
74.9

76.9
78.5
74.1

77.4
79.0
74.0

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

37
371

75.0
76.0

83.8
93.4

58.2
51.1

372-6,9
38
39

9.9
4.6
2.4
5.3
3.8
1.3

75.4
82.3
76.7

77.0
89.9
82.9

66.6
75.2
65.4

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.6
85.5
83.6
86.2
83.9
85.5

67.8
64.0
59.0
71.2
74.4
82.8

69.6
72.5
68.5
67.0
72.5
79.5

68.5
70.8
67.0
66.4
72.2
79.5

69.7
73.6
71.2
66.3
71.8
80.1

69.5
74.1
72.1
65.4
71.5
82.1

71.1
77.7
78.2
65.3
71.4
83.0

72.3
81.3
83.6
64.4
71.4
83.5

20
22
23
26
261-3
27

36.6
8.8
1.6
2.2
3.1
1.4
6.6

83.5
82.2
86.1
80.9
89.8
92.1
86.6

87.9
86.0
92.0
84.2
96.9
97.1
89.7

71.8
78.1
60.4
61.9
69.0
70.0
75.2

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.7 j
83.0
91.2
84.2
95.8
97.7
90.4

81.4
79.5
86.9
74.7
89.9
90.8 |
81.9

81.6
79.4
88.7
74.2
88.2
89.4
77.4

81.7
78.9
88.9
74.0
90.0
92.6
78.4

81.7
79.5
88.4
73.7
87.8
91.3
78.2

82.0
79.2
89.2
74.3
88.9
91.2
78.2

82.1
78.8
89.6
73.9
89.6
93.0
78.7

82.2
79.0
90.1
73.8
88.8
78.8

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

9.0
0.9
0.3
1.2
3.0
0.3

79.8
85.8
84.0
85.6
83.9
81.8

87.9
102.0
93.8
96.7
94.0
81.3

69.9
50.6
51.7
81.1
58.8
67.7

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

86.8
98.9
94.5
90.3
90.4
88.4

78.7
83.1
78.9
87.8
83.2
71.3

81.1
86.0
86.0
85.8
85.7
73.3

81.4
85.1
85.8
88.3
84.2
74.8

81.4
82.8
82.9
91.5
84.7
75.4

82.0
84.1
85.8
91.0
85.2
75.9

82.3

82.5

79.5
89.4
86.1
75.9

90.5
86.1
76.0

10
11,12
13
138
14

6.6
0.5
1.2
4.3
0.6
0.7

87.4
77.1
87.2
88.2
72.6
84.3

94.4
90.3
90.8
96.6
93.0
93.7

88.4
74.4
82.5
91.9
95.3
73.3

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.2
87.2
94.4
86.6
58.8
94.3

85.3
71.9
83.0
88.9
48.7
74.8

86.1
81.8
82.0
89.5
53.6
74.9

85.6
78.2
78.9
90.2
53.6
73.9

86.1
76.7
78.9
91.1
58.2
73.5

86.9
80.9
81.0
91.2
62.3
74.1

85.6
80.0
80.7
89.4
65.3
73.9

85.9
78.7
83.1
89.4
63.0
74.3

491,3pt
492,3pt

7.2
5.5
1.7

86.6
89.1
81.4

95.6
99.0
93.2

82.5
82.7
81.0

88.3
88.3
93.6

76.2
78.7
70.8

92.3
96.2
80.3

82.6
87.1
67.7

83.6
89.2
65.4

84.6
89.9
67.4

85.0
89.8
69.1

85.3
90.0
70.2

84.0
88.7
68.7

82.8
87.4
67.9

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

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

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

24 |
25
32

33
331,2

95.0

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

SIC

Item

Percent change
Annual rate
I
Decemberto December
1967- 1967- 1375^
1992 1975 1992
Ave.
Ave.
Ave. 1988 1989 1990 1991
2.4

1992

1992
Jan.

1992
Aug.

Sep.

Oct.

Nov.

Dec.

Jan.

2.6

2.1

136.7

138.4

138.6

138.9

139.1

139.4

139.6

141.4

141.6

141.9

142.2

142.5

142.7

130.3
147.7

130.4
148.0

130.5
148.4

3.0

Manufacturing

3.7

2.6

2.2

3.4

Total industry

2.5

Capacity indexes
Percent of 1987 output

1

3.9

3.1

2.8

2.9

2.9

2.9

2.4

139.5

2.2
3.3

2.1
3.2

1.0
2.9

129.2
144.2

129.9
146.7

130.1
147.0

130.2
147.4

143.4 145.2
125.8 126.3
129.6 130.9
131.2 131.3

145.5
126.3
131.1
131.3

145.7
126.4
131.2
131.3

146.0
126.5
131.4
131.3

146.2
126.5
131.6
131.3

146.5
126.6
131.8
131.3

2.2
4.0

4.0
3.9

1.3
4.0

2.0
3.2

2.4
3.2

3.5
2.1
3.2
1.5

3.7
2.9
4.5
2.5

3.5
1.7
2.5
1.0

2.6
4.1
2.5
.9

2.7
2.8
2.7
1.3

2.8
1.8
2.2
.9

2.8
.8
2.0
.9

2.2
.6
1.7
.1

333-6,9
3331
3334

-.1
-1.0
-1.1
1.4
.0
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.0
-1.8
-1.8
.3
-.9
-.6

.9
1.3
1.3
.2
5.0
1.0

1.5
2.1
1.8
.5
6.3
.3

.8
.7
1.0
.8
1.0
1.0

1.1
1.5
1.5
.6
.4
.9

-2.3
-^.0
-4.0
.3
.5
.5

129.4
134.6
133.5
122.0
147.1
122.5

127.5
131.2
130.1
122.3
147.6
122.9

127.3
130.8
129.7
122.3
147.7
123.0

127.0
130.3
129.2
122.3
147.7
123.1

126.7
129.8
128.7
122.4
147.8
123.1

126.5
129.3
128.2
122.4
147.9
123.2

126.2
128.9
127.8
122.5
147.9
123.2

Fabricated metal products
Nonelectrical machinery
Electrical machinery

34
35
36

1.7
6.5
5.2

3.1
4.7
6.1

1.1
7.5
4.7

.4
3.5
3.7

1.5
3.6
3.8

1.5
4.2
3.9

1.2
4.1
3.7

1.0
3.8
3.4

133.7
163.8
147.5

134.4
167.4
150.4

134.5
167.9
150.8

134.6
168.4
151.2

134.7
168.9
151.6

134.8
169.5
152.1

135.0
170.0
152.5

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

37
371

2.6
2.7

3.0
4.5

2.4
1.8

372-6,9
38
39

2.3
6.0
2.3

1.3
7.6
4.4

2.8
5.2
1.2

2.2
1.5
1.4
2.9
5.4
1.9

1.6
.0
-1.5
3.1
5.1
2.2

1.8
.8
-.9
2.7
4.8
2.5

2.4
2.1
2.7
2.6
4.5
2.9

1.6
1.5
3.0
1.7
4.2
2.7

138.2
136.0
141.5
140.2
159.1
146.4

139.5
137.2
144.0
141.5
163.0
148.7

139.7
137.4
144.4
141.7
163.5
149.0

139.8
137.6
144.7
141.9
164.1
149.4

140.0
137.7
145.1
142.1
164.7
149.7

140.2
137.9
145.5
142.3
165.2
150.0

140.4
138.1
145.8
142.5
165.8
150.4

20
22
23
26
261-3
27

3.2
2.8
2.1
1.8
2.7
2.5
3.9

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.6
2.7
1.0
1.5
2.1
2.2
4.4

3.1
2.5
1.7
2.4
2.5
3.6
5.7

3.3
2.7
2.0
2.3
2.0
2.4
5.6

3.2
2.7
1.2
1.8
2.1
2.2
5.4

3.0
2.5
1.2
1.2
2.6
3.4
4.6

2.6
2.4
1.6
1.4
2.0
2.3
4.4

134.5
137.4
118.6
130.6
119.2
119.1
140.3

136.5
139.4
119.7
131.6
120.5
120.7
143.9

136.8
139.6
119.9
131.8
120.7
120.9
144.4

137.1
139.9
120.0
131.9
120.9
121.1
144.9

137.4
140.2
120.2
132.1
121.1
121.3
145.4

137.6
140.5
120.4
132.2
121.3
121.6
145.9

137.9
140.7
120.5
132.4
121.5
121.8
146.5

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

4.0
7.7
3.9
1.8
5.7
-3.1

6.8
12.7
9.7
4.2
8.6
-1.5

2.5
5.2
.9
.6
4.2
-3.9

3.3
9.8
2.9
-1.2
4.9
-4.6

4.0
8.9
1.0
.7
4.4
-3.3

3.8
7.3
.1
.3
4.1
-1.Q

3.8
10.2
.0
.0
3.5
-.4

2.5
5.0
-.6
.2
3.5
-1.2

143.1
148.1
112.9
121.4
136.1
116.4

145.1
152.2
112.5
121.6
138.8
115.6

145.4
152.8
112.5
121.6
139.2
115.5

145.7
153.4
112.4
121.6
139.6
115.4

146.0
154.0
112.3
121.7
140.0
115.3

146.3
154.6
112.3
121.7
140.4
115.2

146.6
155.2
112.2
121.7
140.8
115.0

10
11,12
13
138
14

.1
1.7
2.7
-.6
.8
1.7

-.1
.7
2.5
-1.0
.8
2.6

.3
-3.8
2.2
14.3
2.8
1.7
-.4
-6.8
.8 -25.5
1.2
2.3

-1.9
10.7
1.6
^t.5
-9.1
5.0

-1.9
6.9
3.0
-4.7
-9.9
5.0

.8
3.4
3.0
-.6
-3.6
4.8

.1
1.7
2.5
-1.1
-8.5
2.5

114.7
200.6
129.2
103.9
147.5
140.1

114.8
202.5
131.1
103.3
139.9
142.0

114.8
202.8
131.4
103.2
138.8
142.3

114.8
203.1
131.7
103.1
137.7
142.6

114.8 114.8 114.8
203.3 203.6 203.9
131.9 132.2 132.5
103.0 102.9 102.8
136.6 135.5 134.5
142.9 143.2 143.4

491,3pt
492,3pt

3.0
4.2
.3

6.0
7.8
2.3

.7
.9
.1

1.6
2.2
.0

1.1
1.5
.0

1.0
1.3
.0

129.4
125.4
144.0

130.1
126.4
144.0

130.2
126.5
144.0

130.3
126.6
144.0

130.4
126.8
144.0

Primary processing
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, ciay, and glass products
Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum

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

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

24
25
32

33
331,2

1.5
2.3
-.7

2.2
2.2
2.0

1. Series begins in 1977.




9

130.5
126.9
144.0

130.6
127.0
144.0

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
1974
1975
1976
1977
1978
1979

73.0
66.3
69.9
75.5
78.8
85.1

72.7
65.3
71.1
75.9
79.0
85.8

73.0
64.1
70.9
76.6
80.0
86.1

72.9
64.7
71.2
77.7
82.0
85.2

73.8
64.5
72.0
78.3
82.3
86.2

74.0
65.3
72.1
78.9
83.1
86.1

73.6
65.7
72.5
78.9
83.3
85.6

73.4
66.9
72.9
79.0
83.6
85.3

73.7
67.6
73.1
79.4
84.1
85.5

73.2
67.9
73.4
79.4
84.5
86.0

71.1
68.6
74.6
79.5
85.2
85.7

68.1
69.1
75.2
79.1
85.4
85.6

72.9
65.2
70.6
76.0
79.2
85.7

73.6
64.9
71.8
78.3
82.5
85.8

73.6
66.7
72.9
79.1
83.7
85.5

70.8
68.5
74.4
79.4
85.0
85.8

72.7
66.3
72.4
78.2
82.6
85.7

1980
1981
1982
1983
1984
1985
1986
1987

85.9
85.2
82.4
80.8
91.0
93.1
96.1
96.5

86.2
85.4
84.2
80.7
90.9
93.8
95.5
97.6

86.2
85.7
83.7
81.3
91.9
94.1
94.6
98.2

84.5
85.0
83.2
82.3
92.4
94.5
94.8
98.3

82.5
85.6
82.7
83.2
93.0
94.7
94.8
99.2

81.5
86.1
82.4
83.7
93.5
94.4
94.4
100.1

81.2
87.1
82.0
85.3
93.9
94.1
94.8
100.8

82.4
86.9
81.6
86.5
94.0
94.5
95.0
101.0

83.5
86.5
81.0
87.9
93.9
95.0
95.1
100.9

84.0
85.8
80.3
88.6
93.2
94.2
95.6
102.3

85.5
84.8
80.0
88.8
93.3
94.6
96.2
102.2

85.9
84.1
79.3
89.2
92.8
95.6
96.7
102.6

86.1
85.5
83.4
80.9
91.3
93.6
95.4
97.4

82.9
85.5
82.8
83.1
93.0
94.5
94.6
99.2

82.3
86.8
81.5
86.6
93.9
94.6
94.9
100.9

85.1
84.9
79.8
88.9
93.1
94.8
96.2
102.4

84.1
85.7
81.9
84.9
92.8
94.4
95.3
100.0

1988
1989
1990
1991
1992
1993

1.03.5
107.7
107.5
106.6
106.6
111.0

103.5
107.6
108.5
105.7
107.2

103.9
107.7
108.9
105.0
107.6

104.3
108.6
108.8
105.5
108.1

104.8
108.3
109.4
106.4
108.9

105.0
108.4
110.1
107.3
108.5

106.1
107.8
110.4
108.1
109.4

106.4
108.2
110.5
108.0
109.1

106.2
108.2
110.6
108.4
108.9

106.5
107.7
109.9
108.4
109.7

106.9
108.1
108.3
108 1
110.3

107.4
108.6
107.2
107.4
110.5

103.6
107.7
108.3
105.8
107.1

104.7
108.4
109.4
106.4
108.5

106.2
108.1
110.5
108.1
109.1

107.0
108.1
108.5
107.9
110.2

105.4
108.1
109.2
107.1
108.7

Capacity
1974
1975
1976
1977
1978
1979

85.0
87.9
90.2
92.6
95.3
98.2

85.2
88.1
90.4
92.8
95.5
98.4

85.5
88.3
90.6
93.1
95.8
98.7

85.7
88.5
90.8
93.3
96.0
98.9

86.0
88.7
91.0
93.5
96.3
99.1

86.2
88.9
91.2
93.7
96.5
99.4

86.5
89.1
91.4
94.0
96.8
99.6

86.7
89.2
91.6
94.2
97.0
99.8

87.0
89.4
91.8
94.4
97.3
100.0

87.2
89.6
92.0
94.6
97.5
100.3

87.5
89.8
92.2
94.8
97.7
100.5

87.7
90.0
92.4
95.1
98.0
100.7

85.2
88.1
90.4
92.8
95.5
98.4

86.0
88.7
91.0
93.5
96.3
99.1

86.7
89.2
91.6
94.2
97.0
99.8

87.5
89.8
92.2
94.8
97.7
100.5

86.4
89.0
91.3
93.8
96.6
99.5

1980
1981
1982
1983
1984
1985
1986
1987

101.0
104.3
107.8
110.7
113.3
116.0
119.2
121.7

101.3
104.6
108.1
110.9
113.5
116.2
119.4
121.9

101.5
104.9
108.3
111.1
113.7
116.5
119.7
122.1

101.8
105.2
108.6
111.3
113.9
116.8
119.9
122.3

102.1
105.5
108.8
111.6
114.2
117.1
120.1
122.5

102.4
105.8
109.0
111.8
114.4
117.3
120.3
122.7

102.7
106.1
109.3
112.0
114.6
117.6
120.5
122.9

102.9
106.4
109.5
112.2
114.8
117.9
120.7
123.1

103.2
106.7
109.8
112.4
115.0
118.2
120.9
123.3

103.5
107.0
110.0
112.6
115.3
118.4
121.1
123.5

103.8
107.3
110.2
112.8
115.5
118.7
121.3
123.7

104.0
107.6
110.5
113.1
115.7
119.0
121.5
123.9

101.3
104.6
108.1
110.9
113.5
116.2
119.4
121.9

102.1
105.5
108.8
111.6
114.2
117.1
120.1
122.5

102.9
106.4
109.5
112.2
114.8
117.9
120.7
123.1

103.8
107.3
110.2
112.8
115.5
118.7
121.3
123.7

102.5
106.0
109.2
111.9
114.5
117.5
120.4
122.8

1988
1989
1990
1991
1992
1993

124.2
127.0
130.0
133.3
1.36.7
139.6

124.4
127.2
130.3
133.6
137.0

124.6
127.5
130.6
133.9
137.2

124.9
127.7
130.9
134.2
137.5

125.1
128.0
131.1
134.5
137.7

125.3
128.2
131.4
134.8
137.9

125.6
128.5
131.7
135.1
138.2

125.8
128.8
131.9
135.3
138.4

126.0
129.0
132.2
135.6
138.6

126.3
129.3
132.5
135.9
138.9

126.5
129.5
132.8
136.2
139.1

126.7
129.8
133.0
136.5
139.4

124.4
127.2
130.3
133.6
137.0

125.1
128.0
131.1
134.5
137.7

125.8
128.8
131.9
135.3
138.4

126.5
1295
132.8
136.2
139.1

125.4
128.4
131.5
134.9
138.0

85.9
75.4
77.5
81.5
82.7
86.6

85.3
74.1
78.7
81.7
82.6
87.2

85.4
72.6
78.3
82.3
83.5
87.3

85.0
73.1
78.4
83.3
85.4
86.2

85.8
72.7
79.2
83.8
85.5
87.0

85.8
73.5
79.0
84.2
86.1
86.7

85.2
73.8
79.3
84.0
86.1
86.0

84.6
75.0
79.6
83.9
86.2
85.4

84.7
75.6
79.7
84.2
86.5
85.5

83.9
75.8
79.8
83.9
86.7
85.8

81.2
76.4
80.9
83.8
87.1
85.3

77.6
76.8
81.4
83.2
87.1
85.0

85.5
74.0
78.2
81.9
82.9
87.0

85.5
73.1
78.9
83.7
85.7
86.6

84.8
74.8
79.5
84.0
86.3
85.6

80.9
76.3
80.7
83.7
87.0
85.4

84.2
74.6
79.3
83.3
85.5
86.2

1980
1981
1982
1983
1984
1985
1986
1987

85.1
81.6
76.4
73.0
80.4
80.3
80.6
79.3

85.1
81.7
77.9
72.8
80.1
80.7
79.9
80.1

84.9
81.7
77.3
73.2
80.8
80.7
79.1
80.4

83.0
80.7
76.7
73.9
81.1
80.9
79.1
80.3

80.8
81.1
76.0
74.6
81.5
80.9
78.9
80.9

79.6
81.3
75.6
74.9
81.8
80.5
78.5
81.6

79.1
82.1
75.0
76.1
81.9
80.0
78.7
82.0

80.0
81.7
74.5
77.1
81.8
80.2
78.7
82.0

80.9
81.1
73.8
78.2
81.6
80.4
78.6
81.8

81.2
80.2
73.0
78.7
80.9
79.6
79.0
82.8

82.4
79.1
72.6
78.7
80.8
79.7
79.3
82.6

82.5
78.2
71.8
78.9
80.2
80.4
79.6
82.8

85.0
81.7
77.2
73.0
80.4
80.6
79.9
79.9

81.2
81.1
76.1
74.5
81.4
80.7
78.8
80.9

80.0
81.6
74.4
77.2
81.8
80.2
78.7
82.0

82.0
79.2
72.4
78.8
80.6
79.9
79.3
82.7

82.1
80.9
75.0
75.8
81.1
80.3
79.2
81.4

1988
1989
1990
1991
1992
1993

83.4
84.8
82.7
80.0
78.0
79.5

83.2
84.6
83.3
79.1
78.3

83.4
84.5
83.4
78.4
78.4

83.5
85.0
83.2
78.6
78.7

83.8
84.6
83.4
79.1
79.1

83.8
84.6
83.8
79.6
78.6

84.5
83.9
83.8
80.0
79.1

84.6
84.0
83.7
79.8
78.8

84.3
83.9
83.6
79.9
78.6

84.4
83.3
83.0
79.8
79.0

84.5
83.5
81.6
79.3
79.3

84.8
83.7
80.6
78.7
79.3

83.3
84.6
83.1
79.2
78.2

83.7
84.7
83.5
79.1
78.8

84.4
84.0
83.7
79.9
78.8

84.6
83.5
81.7
79.3
79.2

84.0
84.2
83.0
79.4
78.8

Utilization
1974
1975
1976
1977
1978
1979

I




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.

Q1

Q2

Q3

Q4

Annual

Industrial
Production
1974
1975
1976
1977
1978
1979

68.3
61.3
64.8
70.6
74.7
80.6

68.0
60.0
66.2
70.9
74.8
81.2

68.3
58.7
66.0
71.7
75.2
81.5

68.0
59.3
66.2
72.6
77.1
80.1

68.8
59.2
67.0
73.4
77.3
81.5

69.1
60.1
67.0
73.8
78.0
81.4

68.7
60.7
67.6
73.8
78.2
81.0

68.7
61.7
67.9
74.3
78.7
80.4

68.8
62.5
68.1
74.5
79.1
80.5

68.2
62.9
68.4
74.4
79.6
81.0

66.3
63.4
69.3
74.6
80.9
80.7

63.1
64.1
70.0
75.0
80.7
80.7

68.2
60.0
65.7
71.1
74.9
81.1

68.6
59.6
66.7
73.2
77.4
81.0

68.7
61.6
67.9
74.2
78.7
80.6

65.9
63.5
69.2
74.7
80.4
80.8

67.9
61.2
67.4
73.3
77.8
80.9

1980
1981
1982
1983
1984
1985
1986
1987

81.0
80.0
76.6
76.2
87.1
89.9
94.0
96.1

81.3
80.5
78.8
76.5
87.6
90.4
93.6
97.5

81.1
80.6
78.2
77:6
88.3
91.1
92.8
98.0

79.2
80.5
77.4
78.3
88.7
91.4
93.6
98.1

77.1
81.0
77.3
79.4
89.1
92.0
93.6
99.0

75.9
80.9
77.2
80.0
89.7
91.5
93.4
100.3

75.6
81.5
76.8
81.2
90.1
91.3
93.9
101.0

76.9
81.1
76.4
82.3
90.3
92.0
94.4
100.9

77.9
80.6
75.9
84.1
90.2
92.3
94.6
100.9

78.8
79.7
75.2
84.7
90.2
91.6
95.3
102.5

80.2
78.9
74.9
85.1
90.2
92.8
95.7
102.5

80.4
77.9
74.5
85.2
89.8
92.8
96.6
102.9

81.1
80.4
77.9
76.8
87.7
90.5
93.5
97.2

77.4
80.8
77.3
79.3
89.2
91.6
93.5
99.2

76.8
81.1
76.4
82.5
90.2
91.9
94.3
101.0

79.8
78.8
74.9
85.0
90.1
92.4
95.8
102.6 |

78.8
80.3
76.6
80.9
89.3
91.6
94.3
100.0

1988
1989
1990
1991
1992
1993

103.5
108.9
108.1
107.0
107.4
112.4

103.7
108.3
109.6
106.1
108.1

103.9
108.7
109.8
105.2
108.5

104.6
109.4
109.5
105.9
109.0

105.2
109.2
110.3
106.6
109.9

105.4
109.3
110.8
107.5
109.6

106.5
108.6
111.1
108.3
110.2

106.8
109.1
111.1
108.4
110.1

106.7
109.1
111.2
108.9
109.8

107.1
108.4
110.7
109.0
110.6

107.8
108.9
108.9
108.6
111.2

108.3
108.8
107.5
108.1
111.7

103.7
108.6
109.2
106.1
108.0

105.1
109.3
110.2
106.7
109.5

106.7
108.9
111.1
108.5
110.0

107.7!
108.7
109.0
108.6
111.2

105.8
108.9
109.9
107.5
109.7

Capacity
1974
1975
1976
1977
1978
1979

79.7
82.6
84.7
87.2
90.0
93.2

79.9
82.8
84.9
87.5
90.3
93.5

80.2
82.9
85.1
87.7
90.6
93.7

80.4
83.1
85.4
87.9
90.8
94.0

80.7
83.3
85.6
88.2
91.1
94.3

80.9
83.5
85.8
88.4
91.3
94.6

81.1
83.6
86.0
88.6
91.6
94.8

81.4
83.8
86.2
88.9
91.9
95.1

81.6
84.0
86.4
89.1
92.1
95.4

81.9
84.2
86.6
89.3
92.4
95.6

82.1
84.4
86.8
89.5
92.7
95.9

82.4
84.5
87.0
89.8
92.9
96.2

79.9
82.8
84.9
87.5
90.3
93.5

80.7
83.3
85.6
88.2
91.1
94.3

81.4
83.8
86.2
88.9
91.9
95.1

82.1
84.4
86.8
89.5
92.7
95.9

81.0
83.6
85.9
88.5
91.5
94.7

1980
1981
1982
1983
1984
1985
1986
1987

96.5
100.2
103.9
106.7
109.4
113.1
117.6
121.3

96.8
100.5
104.2
106.9
109.7
113.4
117.9
121.6

97.1
100.9
104.4
107.2
110.0
113.8
118.2
121.8

97.4
101.2
104.6
107.4
110.3
114.2
118.5
122.1

97.7
101.5
104.9
107.6
110.6
114.6
118.8
122.4

98.0
101.8
105.1
107.8
110.9
115.0
119.1
122.6

98.4
102.1
105.3
108.0
111.2
115.3
119.5
122.9

98.7
102.4
105.6
108.3
111.5
115.7
119.8
123.1

99.0
102.7
105.8
108.5
111.8
11.6.1
120.1
123.4

99.3
103.0
106.0
108.7
112.1
116.5
120.4
123.7

99.6
103.3
106.3
108.9
112.4
116.9
120.7
123.9

99.9
103.7
106.5
109.1
112.7
117.2
121.0
124.2

96.8
100.5
104.2
106.9
109.7
113.4
117.9
121.6

97.7
101.5
104.9
107.6
110.6
114.6
118.8
122.4

98.7
102.4
105.6
108.3
111.5
115.7
119.8
123.1

99.6
103.3
106.3
108.9
112.4
116.9
120.7
123.9

98.2
101.9
105.2
107.9
111.1
115.2
119.3
122.8

1988
1989
1990
1991
1992
1993

124.5
128.0
131.8
135.6
139.5
142.7

124.8
128.3
132.1
136.0
139.7

125.1
128.6
132.4
136.3
140.0

125.3
128.9
132.7
136.6
140.3

125.6
129.2
133.0
136.9
140.6

125.9
129.6
133.4
137.2
140.8

126.2
129.9
133.7
137.6
141.1

126.5
130.2
134.0
137.9
141.4

126.8
130.5
134.3
138.2
141.6

127.1
130.8
134.7
138.5
141.9

127.4
131.1
135.0
138.9
142.2

127.7
131.4
135.3
139.2
142.5

124.8
128.3
132.1
136.0
139.7

125.6
129.2
133.0
136.9
140.6

126.5
130.2
134.0
137.9
141.4

127.4
131.1
135.0
138.9
142.2

126.1
129.7
133.5
137.4
141.0

85.7
74.2
76.4
80.9
82.9
86.5

85.1
72.5
78.0
81.1
82.8
86,9

85.1
70.8
77.5
81.8
83.1
86.9

84.6
71.4
77.5
82.5
84.9
85.2

85.3
71.1
78.4
83.3
84.8
86.4

85.4
72.0
78.1
83.4
85.4
86.0

84.7
72.6
78.6
83.3
85.4
85.4

84.4
73.6
78.8
83.6
85.6
84.5

84.3
74.4
78.8
83.6
85.9
84.4

83.3
74.8
79.0
83.3
86.1
84.7

80.7
75.2
79.9
83.3
87.3
84.1

76.6
75.8
80.5
83.6
86.9
83.9

85.3
72.5
77.3
81.3
82.9
86.8

85.1
71.5
78.0
83.1
85.0
85.9

84.4
73.5
78.7
83.5
85.6
84.8

80.2
75.2
79.8
83.4
86.7
84.2

83.8
73.2
78.5
82.8
85.1
85.4

1980
1981
1982
1983
1984
1985
1986
1987

84.0
79.8
73.7
71.4
79.6
79.5
79.9
79.2

84.0
80.0
75.6
71.5
79.9
79.7
79.4
80.2

83.5
79.9
74.9
72.4
80.3
80.0
78.5
80.5

81.3
79.6
74.0
73.0
80.4
80.0
79.0
80.3

78.9
79.8
73.7
73.8
80.6
80.3
78.8
80.9

77.4
79.5
73.5
74.2
80.9
79.6
78.4
81.8

76.9
79.9
72.9
75.2
81.0
79.2
78.6
82.2

77.9
79.1
72.3
76.0
80.9
79.5
78.8
82.0

78.7
78.5
71.7
77.5
80.7
79.5
78.8
81.7

79.4
77.4
70.9
77.9
80.5
78.6
79.1
82.9

80.5
76.4
70.5
78.1
80.3
79.4
79.3
82.7

80.5
75.1
70.0
78.0
79.7
79.2
79.8
82.8

83.8
79.9
74.7
71.8
79.9
79.8
79.3
79.9

79.2
79.6
73.7
73.7
80.6
80.0
78.7
81.0

77.8
79.2
72.3
76.2
80.9
79.4
78.7
82.0

80.1
76.3
70.5
78.0
80.2
79.1
79.4
82.8 |

80.2
78.8
72.8
74.9
80.4
79.5
79.0
81.4

1988
1989
1990
1991
1992
1993

83.1
85.1
82.0
78.9
77.0
78.7

83.1
84.4
83.0
78.0
77.4

83.1
84.5
83.0
77.2
77.5

83.5
84.8
82.5
77.5
77.7

83.8
84.5
82.9
77.8
78.2

83.7
84.4
83.1
78.3
77.8

84.3
83.6
83.1
78.7
78.1

84.4
83.8
82.9
78.6
77.9

84.2
83.6
82.8
78.8
77.5

84.3
82.9
82.2
.78.7
77.9

84.6
83.0
80.7
78.2
78.2

84.8 ; 83.1
84.7
82.8
79.4
82.7
77.7
78.0
78.4
77.3

83.6
84.5
82.8
77.9
77.9

84.3
83.7
82.9
78.7
77.8

84.6
82.9
80.8
78.2 [
78.2 I

83.9
83.9
82.3
78.2
77.8

Utilization
1974
1975
1976
1977
1978
1979




11

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion
intotallP
1992
July

SIC

1987

Metal mining
Iron ore
Nonferrous ores
Copper
Lead and zinc
Gold and silver
Ferroalloy

10
101
102-6,8,9
102
103
104
106

.32
.05
.26
.09
.01
.12
.01

Anthracite
Bituminous coal

11
12

.01
1.21

.00
1.18

61.6
113.7

62.1
105.7

56.9
104.0

51.6
104.5

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

13
131

5.73
4.86
3.09
.76
1.13
1.19
1.77

4.91
4.20
2.43
.59
.90
.94
1.77

94.0
95.2
85.4
85.3
85.0
85.9
112.2

92.4
94.0
84.5
82.9
84.5
85.6
110.6

93.0
94.8
85.0
83.8
86.0
84.7
111.8

Natural gas liquids
Propane
Liquefied petroleum
Oil and gas well drilling

132

.29
.02
.27
.58

.29
.02
.27
.41

109.6
98.7
110.4
78.6

107.5
100.3
108.0
75.0

202
2021
2022
2023
2024

8.76
.98
.33
.31
.30
.04
.85
.01
.19
.17
.09

8.87
1.06
.30
.34
.37
.06
.85
.01
.21
.17
.08

109.8
119.2
97.9
125.2
134.0
139.1
107.5
126.6
121.9
105.9
90.8

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

1.28
1.09
.09
1.05
.23
1.63
.53
.85
1.19

1.13
1.20
.10
1.08
.25
1.65
.50
.94
1.15

21

1.02

Item

Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Canned and frozen food
Grain mill products
Flour
Bakery products
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Tobacco products
Textile mill products
Fabrics
Cotton and synthetic
Knit goods
Hosiery
Knit garments
Carpeting
Yarns and miscellaneous
Apparel products
Lumber and products
Logging and lumber
Lumber products
Millwork and plywood
Manufactured homes




138
20
201

1992

Index. 1987 = 100
Seasonallvadiusted
Aug.

Sep.

Oct/

Not seasonally adjusted
1992
July

Aug.

Nov/

Dec/

.46 163.7 165.6 158.6 155.7 164.6
.06 116.0 115.8 112.6 115.1 116.7
.40 173.3 175.7 167.7 164.2 174.8
.12 148.4 147.7 147.7 141.1 149.9
.02 205.6 188.3 197.0 167.7 168.4
.23 212.5 219.8 202.9 204.5 223.1
.01 204.5 201.1 189.0 184.3 164.4

162.8
118.0

156.6
118.7
164.5
142.6
179.1
203.4
174.8

58.2
107.0

60.8
107.0

93.9
94.8
84.7
84.2
85.1
84.7
112.3

94.0
93.7
84.0
83.5
84.1
84.2
110.5

109.0
100.1
109.7
74.4

111.7
100.6
112.5
80.2

110.6
119.5
98.4
127.1
131.9
143.0
109.0
126.8
124.9
105.4
93.7

110.2
118.5
98.3
125.4
130.5
142.3
108.2
118.4
122.5
105.4
94.3

96.2
117.8
123.1
110.3
119.2
107.6
99.1
119.8
107.0

98.6
118.2
127.3
112.0
119.0
110.3
104.3
121.7
104.4
115.9

Sep.

Oct/

Nov/

Dec/

164.8
117.2
174.8
145.3
183.9
219.9
211.6

160.7 155.2 161.2
113.2 112.9 109.6
170.7 164.0 172.0
145.2 140.2 149.3
185.7 171.3 168.4
213.0 204.4 216.9
193.9 192.7 167.4

155.9
106.4

57.4
98.7

69.5
113.0

61.0
106.9

59.3
107.7

62.2
109.1

54.2
101.7

92.0
91.4
84.5
83.4
85.9
83.8
103.4

91.2
92.3
84.9
84.7
84.1
85.8
105.1

90.0
90.9
82.9
82.0
82.8
83.6
104.7

90.9
91.4
84.0
83.1
85.2
83.5
104.2

93.6
93.2
84.6
84.3
85.4
83.9
108.3

95.9
95.0
84.1
84.0
84.6
83.7
113.9

95.4
93.9
84.1
83.6
85.5
83.2
110.8

110.2
100.2
111.0
85.2

88.5

108.2
95.7
109.1
73.6

105.3
95.7
106.0
75.2

106.9
97.1
107.6
78.4

110.9
100.0
111.7
87.6

112.4
102.8
113.1
95.8

101.0

111.2
116.6
97.1
120.2
131.2
140.8
111.5
115.9
127.9
112.4
95.2

111.1
117.4
98.3
118.6
133.2
147.9
113.9
120.3
130.0
117.6
97.5

110.7
118.6
96.1
119.7
138.8
143.9
113.0
104.1
123.5
119.9
98.3

111.9
114.7
98.9
110.2
134.5
130.9
111.1
100.5
120.3
113.2
112.6

117.0
119.4
103.3
117.6
136.6
136.7
106.9
93.8
118.1
98.1
112.2

117.2
122.3
102.0
126.2
137.6
146.1
103.5
97.4
118.4
90.4
98.5

115.5
123.4
100.8
130.0
138.6
146.8
103.8
106.4
123.8
95.4
84.4

110.6
117.6
95.1
126.8
129.1
145.9
103.9
111.0
124.6
96.5
77.9

107.7
114.9
90.9
122.3
130.0
144.9
107.4
109.2
123.1
116.7
72.3

98.2
117.1
117.0
112.3
121.6
108.2
101.6
118.0
105.4

98.5
121.7
122.1
115.6
114.1
109.6
104.7
119.0
107.8

99.0
121.2
121.0
115.4
113.0
109.8

100.0
119.9
112.0
115.3
110.3
110.0

118.5
124.2
120.3
124.8
117.2
116.3
95.8
135.9
108.3

109.1
124.9
130.7
119.1
119.9
110.5
96.7
121.9
109.9

91.3
122.1
106.3
109.9
116.2
97.4

120.2
102.3

112.8
122.3
135.6
124.9
111.8
120.7
109.6
138.2
112.5

97.9
122.9
128.5
112.8
121.0
105.1

118.5
105.6

99.0
117.8
112.5
119.7
110.8
115.7
107.7
132.0
109.4

117.8
105.3

110.8
107.4

110.5

107.6

108.4

109.8

92.6

122.8

115.6

119.0

109.6

86.2

106.1
104.4
103.2
113.5

107.2
105.8
104.1
116.0

107.9
106.0
104.0
118.1

112.1
107.1
105.7
127.0
99.6
137.8
108.0
108.3

112.4
108.0
106.4
126.2
94.9
138.6
110.6
107.9

111.1
108.3
107.1
118.4

106.4
105.5
103.9
111.3

99.2
101.4
98.6
105.4

123.0
115.8
106.9

117.0
112.6
101.1

112.4
99.7
92.0

.99

106.6

1.84
22
221^
.53
221,2
.45
225
.44
2251,2
.12
2253,4,7-9
.31
227
.23
228,9 [ .48

1.79
.51
.42
.46
.12
.34
.22
.45

107.1
104.8
102.7
116.5
109.0
119.5
106.5
103.5

106.1
104.5
102.7
112.8
98.0
118.7
108.5
101.0

106.6
105.6
104.2
114.7
99.5
120.8
103.5
102.3

118.5
105.0
102.3

121.5
107.8
101.6

124.0
110.1
101.5

99.7
89.3
85.5
119.1
111.2
122.2
! 108.2
92.9

23 ; 2.36

2.12

99.4

97.6

97.6

97.2

98.1

97.7

96.7

100.5

98.7

99.1

98.8

97.2

1.82
.79
1.03
.56
.18

99.8
104.8
96.6
89.9
112.0

98.9
100.1
96.7
90.8
106.1

96.7
97.1
96.7
90.0
111.2

100.8
102.4
99.5
91.4
119.9

101.9
103.3
101.2
92.7
127.1

101.9
100.7
103.0
92.2
138.0

98.8
101.9
96.6
92.6
105.8

103.6
105.9
101.8
95.0
124.0

101.0
102.2
100.1
92.5
122.3

105.0
108.4
102.6
93.2
134.3

99.5
99.8
99.3
91.4
120.6

94.7
94.1
95.2
88.1
104.2

24
241,2
243-5,9
243
245

2.00
.84
1.16
.68
.17

12

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

I
!

pT5§2

Index. 1< 87 = 100

^
Seasonallvadiusted

Not seasonally adjusted
H9§2
Dec/
July

SIC

1987

1992

July

25
251

1.45
.68

1.33
.63

101.0
103.0

101.7
101.5

100.5
100.0

99.6
99.0

99.5
99.1

101.3
102.3

97.0
94.3

252,4,9

.71

.64

97.9

100.3

100.9

98.5

98.6

99.1

26
261-3
261
262
263

3.58
1.64
.16
.98
.50

3.53
1.65
.16
.98
.52

109.6
112.1
113.9
111.6
112.5

106.3
107.9
107.0
107.8
108.4

108.6
112.0
109.4
111.8
113.1

106.2
110.6
108.1
111.1
110.3

107.6
110.6
109.4
108.9
114.3

264
265

1.21
.71

1.14
.72

103.7
114.6

101.7
112.5

106.7
109.7

99.5
110.1

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

6.37
1.74
1.73
2.90

6.64
1.48
2.09
3.07

112.3
93.9
128.5
113.5

111.4
91.2
127.1
113.0

113.2
93.9
129.8
114.4

28

8.60

9.27

118.0

117.6

281,2,6
281
2812
2813
2816
2819

3.61
.79
.05
.11
.10
.53
.31

3.71
.89
.05
.12
.11
.62
.36

114.3
125.6
104.5
114.8
120.5
130.9
127.8

282
2821
2823,4
286

1.28
.78
.41
1.54

1.35
.93
.35
1.47

283-5,9
283
284
285
287

4.54
2.01
1.53
.41
.45

Petroleum products
29
Petroleum refining and misc.
291,9
Automotive gasoline
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosine
Miscellaneous petroleum products
Rubber and plastics products
30
Tires
301
Other rubber products
302-4,6
Plastics products, nee
307

Aug.

Sep.

Oct/

Nov/

Dec/

105.9
105.0

105.6
104.0

101.4
101.4

100.1
100.3

99.1
99.9

97.9

105.6

106.3

100.0

98.3

96.6

108.7
113.1
113.2
110.2
118.7

105.3
108.5
112.8
106.3
111.3

107.1
108.8
107.1
108.5
109.8

109.4
111.5
108.6
111.5
112.4

108.9
110.6
106.9
111.7
109.7

106.8
110.6
108.4
110.0
112.4

102.1
107.7
107.9
105.1
112.5

102.5
112.1

101.8
112.6

98.8
111.3

102.0
114.4

106.3
112.2

101.5
120.0

102.8
106.9

98.1
98.4

113.4
93.5
131.1
114.7

113.7
91.9
132.5
115.5

114.8

123.3
88.5
146.6
130.3

123.8
96.5
143.6
128.4

118.1
100.3
131.8
120.5

112.5
99.7
125.8
112.2

110.1

133.7
116.8

119.5
86.8
140.9
126.2

128.1
109.6

118.3

118.7

119.7

120.5

121.6

122.4

124.8

120.1

117.2

116.0

113.4
125.8
99.2
111.1
119.4
132.8
131.3

112.6
127.7
103.2
116.5
118.8
134.3
134.6

112.0
129.2
109.2
115.8
123.6
135.1
134.7

113.0
127.5
105.8
115.6
120.2
133.6
133.3

113.0
125.8
102.6
115.5
113.1
132.8
132.1

111.9
122.0
103.3
112.2
118.5
126.7
118.6

111.3
123.8
98.3
110.8
114.1
131.0
125.8

114.7
129.8
105.4
118.0
121.6
136.3
136.5

113.2
129.0
107.5
115.8
114.9
136.6
137.1

112.8
128.0
108.3
116.3
117.9
134.4
136.4

111.3
121.9
104.4
115.0
112.4
127.0
123.0

121.1
136.2
98.1
102.8

117.4
130.9
96.8
103.7

116.4
130.1
96.4
101.7

113.7
127.1
93.2
101.7

116.3
129.6
96.3
102.9

89.3
103.3

116.8
131.7
94.3
102.6

113.9
128.3
91.8
102.7

118.0
133.3
95.4
104.2

116.9
131.6
95.1
101.9

114.9
128.6
94.4
103.3

90.2
104.4

5.09
2.48
1.51
.41
.47

121.6
131.5
108.6
112.3
113.9

121.7
133.1
107.0
113.5
115.6

123.3
136.4
107.8
113.2
113.9

125.1
140.1
109.2
109.1
113.0

126.2
142.9
109.4
107.4
114.1

127.3
145.3
109.0
107.4
115.8

130.7
147.1
114.4
115.4
108.2

132.5
148.8
114.8
122.4
110.9

133.8
153.2
115.3
115.5
114.4

126.2
141.0
110.2
111.3
114.3

121.0
135.9
107.2
91.4
114.3

119.8
136.3
105.0
81.3
116.4

1.32
1.11
.52
.19
.05
.10
.26

1.32
1.07
.49
.19
.04
.09
.25

109.1
105.0
101.8
115.6
99.7
108.2
103.3

104.3
100.0
96.4
105.3
96.4
106.0
101.8

107.4
102.9
102.4
109.0
93.7
102.5
101.1

111.3
107.0
108.1
117.4
97.0
99.4
101.9

110.7
106.8
106.8
112.1
99.4
103.2
105.8

108.8
104.3
105.9
106.1
86.3
98.4
105.6

114.9
109.4
105.2
112.6
94.7
106.7
119.2

111.5
104.8
99.7
105.0
92.1
105.8
116.9

113.1
106.3
103.2
109.3
91.4
104.6
113.8

113.4
106.1
105.3
119.2
92.6
102.1
102.3

112.0
106.0
107.1
118.6
101.2
105.9
95.6

108.3
104.3
108.0
117.0
94.7
106.8
88.2

3.02
.40
.44
2.18

3.26
.44
.47
2.35

118.5
124.0
117.0
118.4

119.0
128.9
116.3
118.6

117.3
122.0
113.6
117.2

118.3
123.0
116.9
117.7

119.4
123.5
116.6
119.1

120.9
123.1
117.9
121.1

114.0
104.8
111.6
116.2

121.2
129.3
117.8
120.4

121.7
125.8
116.2
122.1

122.7
133.8
118.6
121.5

118.9
120.1
117.3
119.0

114.5
110.6
115.1
115.1

31
313,5-7,9
314

.30
.10
.15

.24
.07
.10

87.1
85.3
75.4

84.8
79.4
76.2

86.4
80.0
76.9

87.0
76.8

87.5
77.6

87.4
78.0

76.1
79.3
61.8

89.7
81.2
83.0

88.8
81.2
78.1

91.3
81.7

90.3
81.7

81.6
79.2

Stone, clay, and glass products 32
Pressed and blown glass
322
Glass containers
3221
Cement
324

2.46
.35
.19
.16

2.18
.33
.15
.13

97.1
100.2
88.4
84.3

96.4
99.5
87.8
86.5

96.1
100.5
89.7
86.6

97.7
99.3
86.5
89.3

97.4
102.6
91.3
80.8

98.7
109.0
101.9
83.4

97.3
102.7
92.3
98.1

99.6
104.1
92.6
104.0

99.2
102.1
88.2
103.0

101.2
103.3
91.6
107.3

98.6
100.6
85.2
78.2

95.9
92.1
74.3
62.8

.12
.05
.06
1.50

.07
.04
.03
1.31

66.3
75.2
61.5
95.7

66.3
74.0
62.6
94.5

68.1
75.4
64.6
93.6

65.4
74.4
59.1
96.1

63.5
72.5
56.8
96.7

62.9
71.9
56.5
96.7

63.7
80.1
51.4
94.5

68.2
77.4
63.0
96.0

71.9
80.4
67.2
95.8

70.3
80.6
63.0
97.9

63.8
70.8
59.0
98.6

60.7
68.9
55.4
98.0

Item
Furniture and fixtures
Household furniture
Office furniture, fixtures,
and misceiianeous
Paper and products
Pulp and paper
Wood pulp
Paper
Paperboard
Converted paper products
Paperboard containers

Chemicals and products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Industrial gases
Inorganic pigments
Inorganic chemicals, nee
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Personal leather goods
Shoes

Structural clay products
Brick
Clay tile
Concrete and miscellaneous




325
3251
3253,5
326-9

Sep.

13

Oct/

Nov/

Aug.

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

Index, 1S 87=100
Seasonallvadiusted

Not seasonally adjusted
Dec/

1992
July

Aug.

Sep.

Oct/

Nov/

Dec/

SIC

1987

1992

1992
Juiv

33
331,2
331

3.32
1.95
1.50
.37
.20
.11

3.15
1.86
1.55
.34
.20
.10

105.6
106.4
115.0
103.6
108.9
105.3

104.3
104.4
112.4
103.8
110.6
101.9

102.0
103.0
111.0
100.6
106.7
99.8

104.2
106.3
115.4
103.3
110.2
101.7

105.2
107.1
116.3
104.0
111.7
101.5

102.6
104.4
112.7
103.1
110.5
100.4

98.0
99.7
108.9
99.9
105.9
98.2

100.6
101.0
109.5
98.9
104.7
96.6

102.0
102.2
110.4
97.7
102.3
98.4

104.9
106.3
113.7
100.2
105.5
101.0

102.9
102.6
111.2
100.9
107.4
100.1

96.1
95.9
105.5
98.6
104.9
97.2

1.21
.29
.27
.16
.07
.42
.31

118.7
109.0
108.9
122.8
107.5
134.8
77.6

115.2
110.5
100.4
124.9
107.0
128.6
76.9

114.4
106.7
100.5
119.8
95.9
133.2
76.1

119.3
111.1
106.7
130.0
99.8
135.7
75.5

120.3
112.4
107.0
125.7
103.7
138.4
76.2

115.8
112.2
102.9
126.5
84.8
131.2

111.9
91.4
102.0
125.4
111.2
131.0
68.3

113.0
106.9
100.1
123.3
111.2
124.2
72.3

114.5
107.9
100.6
123.1
96.5
131.0
74.6

118.0
115.0
104.1
133.3
92.9
130.6
81.3

114.4
109.4
101.3
122.7
91.5
130.4
73.7

107.7
96.4
96.2
115.0
96.2
125.6

332

1.14
.29
.28
.14
.08
.35
.44

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

1.38
.22
.03
.14
.07

1.29
.24
.04
.15
.06

104.4
118.4
132.1
121.7
102.3

104.2
118.8
139.2
123.6
104.2

100.5
114.7
133.6
122.5
101.9

101.2
114.0
130.8
122.4
98.1

102.5
114.3
134.8
122.4
102.4

100.2
116.0
130.2
121.9

95.6
112.2
119.6
119.2
92.5

99.9
112.1
128.5
119.5
103.5

101.6
111.8
130.4
119.9
106.0

102.8
114.8
132.2
120.8
102.7

103.2
116.3
136.8
121.8
106.3

96.4
115.9
128.8
122.1

335,6
335
3351
3353-5

.85
.67
.10
.22
.08
.14
.19

100.1
104.0
111.4
103.1
88.5
113.3
87.7

98.8
102.0
101.8
102.9
90.1
111.9
88.5

96.0
98.8
82.5
103.5
88.7
113.9
87.2

97.2
100.1
93.3
104.5
91.0
113.9
87.9

98.9
102.3
113.7
102.5
92.9
109.2
87.9

94.5
96.3
82.1
98.0
88.0
105.0

90.1
96.8
90.4
100.4
86.3
110.3
68.8

95.3
99.6
95.1
102.7
90.7
111.1
81.7

97.0
100.7
91.2
105.4
92.5
114.4
85.5

98.8
100.4
95.6
103.7
93.6
110.8
93.6

98.8
101.2
112.0
96.6
89.3
101.8
91.3

89.7
93.8
79.3
86.2
74.6
94.3

336

.96
.73
.11
.23
.10
.14
.23

34
341
342
344
345-7

5.38
.29
.58
1.34
1.63

5.03
.29
.57
1.10
1.61

102.6
110.4
110.3
89.4
108.0

102.5
107.8
111.4
88.6
108.7

101.3
106.5
110.0
88.0
107.8

102.9
110.3
110.4
88.3
111.1

102.5
110.5
110.7
87.9
111.0

103.7
112.0
112.6
87.7
112.3

100.6
114.0
108.9
89.6
104.6

102.7
112.2
113.6
90.6
107.5

103.1
112.6
114.7
89.4
108.5

104.6
110.3
112.7
90.5
112.5

103.3
108.6
110.0
89.9
109.8

103.6
105.0
110.1
89.6
110.4

35
351
352
353
354
355
356
357
358

8.55
.50
.40
1.11
.93
.69
.87
2.46
.79

10.01
.57
.50
.94
.94
.65
.78
3.99
.84

127.8
129.3
129.4
94.9
109.9
102.7
97.9
178.0
114.4

129.3
127.3
130.2
94.2
110.9
102.4
97.5
182.0
119.1

129.1
125.2
134.0
92.6
109.2
102.7
97.5
184.0
117.5

130.4
124.7
135.5
95.4
107.8
103.0
96.3
187.0
117.2

132.1
126.0
135.2
98.8
109.7
103.5
97.4
190.0
118.4

133.1
127.1
139.0
98.1
109.2
103.4
97.2
192.9
119.8

131.0
126.4
126.7
95.8
112.8
99.3
97.2
186.0
122.4

135.3
120.8
127.3
97.0
115.5
100.3
98.9
199.1
120.4

134.6
123.4
130.6
96.9
115.1
101.3
99.6
194.6
124.6

132.5
125.2
129.7
96.9
108.8
102.6
96.4
193.7
118.8

130.4
129.9
129.8
97.8
106.1
104.7
95.8
188.7
114.5

129.4
133.3
135.1
96.6
105.3
107.2
96.1
185.2
110.3

36
361,2
363
3631
3632
3633
3634-6,9

8.62
.93
.54
.09
.10
.10
.25

8.87
.80
.53
.08
.11
.10
.24

112.6
95.2
102.1
101.6
118.0
78.9
104.9

113.0
93.5
109.9
111.0
118.2
109.1
106.3

112.1
91.6
111.5
112.9
119.1
111.4
107.7

112.7
90.7
104.3
104.6
108.2
105.5
102.0

113.6
91.6
107.0
105.8
104.4
114.3
105.5

112.7
92.3
106.5
99.6
105.1
105.4
110.1

109.6
95.8
90.9
80.1
112.9
70.2
94.2

112.5
96.3
106.0
109.6
96.2
111.2
106.8

112.5
94.8
109.5
107.9
113.6
110.2
108.1

115.6
91.6
118.0
135.7
117.7
121.1
110.2

115.6
89.3
106.8
114.7
94.5
106.5
109.2

113.9
88.9
94.8
87.9
76.1
90.9
106.8

TV and radio sets
Communication equipment
Electronic components
TV tubes
Misc. electrical supplies
Storage batteries

365
366
367
3671-3
369
3691

.21
3.01
2.26
.10
.90
.12

.21
3.12
2.66
.13
.86
.13

109.2
112.9
129.5
152.6
106.5
127.4

112.8
113.1
128.8
146.5
106.1
122.9

111.8
111.4
130.4
150.1
103.8
112.6

110.2
114.4
131.5
165.0
100.7
110.7

110.0
115.5
132.3
172.8
101.7
120.0

105.1
114.1
131.0
133.9
97.8
99.5

108.0
110.6
125.5
121.0
101.0
113.7

126.0
111.6
128.3
159.7
106.1
137.4

113.9 149.1
110.5 114.3
128.3 132.4
149.6 206.2
106.3 107.0
144.0 144.8

130.4
116.7
134.9
190.9
106.1
136.4

94.3
118.7
134.0
113.6
103.7
116.8

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

37
371

3715
3714

9.80
4.65
1.60
1.12
.57
.55
.08
1.85

8.78
4.23
1.32
1.22
.60
.62
.08
1.60

96.7
97.7
92.3
109.5
104.9
114.3
102.7
95.0

97.0
99.4
87.2
120.4
117.9
123.1
116.6
96.6

95.6
97.2
88.1
113.7
112.2
115.1
111.6
94.5

97.5
101.2
88.2
130.4
125.8
135.1
114.5
94.3

97.3
102.1
89.4
133.2
129.4
137.1
110.2
93.9

99.6
107.1
97.7
141.0
134.1
148.1
105.4
94.8

85.4
78.3
63.1
77.4
75.7
79.1
94.5
91.2

95.3
98.7
86.6
123.0
120.1
126.0
120.1
93.4

95.8
98.3
88.2
120.6
117.4
123.8
114.9
92.9

101.4
109.1
101.8
143.3
136.9
149.9
118.4
94.3

98.7
102.9
91.5
131.3
126.2
136.6
109.9
95.2

96.1
96.5
82.1
114.5
110.1
119.0
106.3
97.8

372
373
374-6,9

3.01
.55
1.59

2.71
.49
1.36

97.9
96.9
91.0

97.2
96.6
92.4

95.1
97.2
93.2

94.3
95.6
92.5

93.2
95.5
91.2

93.4
94.7
90.8

94.3
92.8
87.1

94.1
92.6
88.9

94.2
95.6
91.3

94.6
94.8
94.0

95.9
96.2
92.3

97.2
96.8
92.7

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 products
Nonferrous mill products
Copper
Aluminum
Construction
Misc. aluminum materials
Nonferrous foundries
Fabricated metal products
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners, stampings, etc.
Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Office and computing machines
Service industry machines
Electrical machinery
Major electrical and parts
Household appliances
Cooking equipment
Refrigerators and freezers
Laundry
Miscellaneous

Aircraft and parts
Ships and boats
Rail and miscellaneous




Aug.

Sep.

Oct/

Nov/

14

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

Index. 1987=100
Seasonally adjusted

Not seasonally adjusted

SIC

1987

1992

1992
Julv

Instruments
38
Scientific and medical
381 -A
Photographic equip. & supplies
386

3.26
2.21
.94

3.55
2.43
1.00

118.5
119.5
116.4

118.2
119.2
115.9

118.1
119.6
115.8

117.8
120.0
112.3

117.8
119.3
114.9

118.0
120.3
114.8

120.7
123.5
115,6

122.1
125.3
116.2

121.1
124.9
113.9

118.7
121.0
113.9

117.5
118.8
115.2

116.1
116.9
115.1

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.24
.65
.59

1.37
.71
.67

120.4
120.1
121.0

118.2
117.7
118.7

118.6
116.3
121.0

119.7
115.0
125.0

123.0
118.9
127.5

124.5
121.0
128.8

120.4
117.4
123.6

125.5
124.9
126.3

125.9
125.1
126.8

124.0
120.7
127.7

119.8
114.9
125.1

118.4
114.5
122.8

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.01
2.55
1.45
1.10

6.15
2.61
1.38
1.24

113.0
113.1
103.5
125.6

112.7
111.5
97.5
130.0

113.8
114.1
101.0
131.3

113.7
113.8
99.3
133.0

114.0
114.2
102.8
129.2

112.5
112.6

121.5
122.8
120.0
126.5

121.0
119.4
112.8
128.1

117.0
116.5
108.8
126.8

104.2
102.9
98.5
108.8

108.0
108.1
98.5
120.8

111.7
114.1

3.46
1.40
2.06
.91
1.15

3.54
1.40
2.14
.95
1.19

113.0
110.0
115.0
117.5
113.0

113.6
111.3
115.2
115,6
114.8

113.5
110.9
115.3
115.5
115.2

113.7
111.5
115.1
114.7
115.5

113.9
112.3
115.0
116.0
114.2

112.5

120.6
122.4
119.4
116.9
121.4

122.1
122.1
122.1
118.3
125.1

117.3
113.1
120.1
119.0
120.9

105.1
96.2
111.1
114.1
108.8

107.9
100.1
113.2
115.7
111.3

109.8

1.62

1.45

95.4

94.1

97.0

99.6

101.0

99.0

58.0

56.0

57.4

72.7

104.6

141.9

1992
Aug.

Sep.

Item

Sales
Residential
Nonresidential
Industrial
Commercial and other
Gas utilities

492,3pt

Aua.

SeD.

Oct/

Dec/

Nov/

1992
Julv

Aua.

Seo.

Oct/

Nov/

Dec/

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1982 dollars at annual rates, seasonally ad lusted
1991
1982
Stem
1992
Q3
Products, total
Final products

Q4

1992
Q1

Q4r

Q3

Q2

Oct/

1894.2 1901.7 1887.3

1924.8 1936.4 1981.9 1935.9

1937.0 1969.8

1500.7 1487.0

1523.1 1532.6 1574.6 1532.8

1534.6

1563.8

1376.8

1931.9

1084.5

1529.3 1494.0

Nov/

1993
Jan.P

Dec/

1983.0 1992.9 2016.9
1574.9 1585.2

1606.4

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

703.7
133.3
65.8
67.4
570.5

907.7
228.5
132.9
95.5
679.2

889.7
220.5
125.8
94.7
669.2

899.7
223.9
129.2
94.7
675.8

888.0
216.0
122.5
93.6
671.9

906.4
230.4
134.0
96.4
676.0-

907.3
227.8
131.0
96.7
679.5

931.5
237.5
142.2
95.2
694.0

905.3
230.8
132.9
97.8
674.5

907.1
225.1
129.1
95.9
682.1

928.2
232.8
138.5
94.3
695.4

932.0
235.9
140.1
95.8
696.1

934.4
243.8
148.1
95.7
690.6

948.7
253.5
156.7
96.8
695.2

Equipment, total
Business and defense
Business
Defense and space

380.8
345.5
278.0
67.4

621.6
604.7
523.2
81.5

604.3
587.3
499.3
88.0

601.0
585.5
498.1
87.4

599.0
583.3
498.4
84.9

616.7
600.5
517.9
82.6

625.3
608.7
528.4
80.3

643.1
624.3
546.0
78.3

627.5
611.2
530.9
80.3

627.5
611.0
531.4
79.5

635.6
617.8
538.8
79.0

643.0
624.1
546.0
78.1

650.8
630.9
553.1
77.8

657.8
638.4
561.3
77.0

292.3
108.4
184.0
63.4

402.6
146.8
255.8
81.2

400.1
145.6
254.5
81.5

401.1
143.6
257.5
83.5

400.3
145.2
255.1
79.1

401.7
146.0
255.7
81.6

403.8
147.4
256.4
82.4

407.3
148.7
258.5
82.7

403.1
147.9
255.2
82.7

402.4
145.8
256.6
82.3

406.0
148.7
257.3
82.4

408.1
148.8
259.3
83.8

407.6
148.6
259.0
82.0

410.5
149.2
261.3
83.2

Intermediate products
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1990
1991
1992
Three Months Earlier
1990
1991
1992
Six Months Earlier
1990
1991
1992

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

56.0
40.6

52.8
41.6
52.0

47.6
37.6
56.4

49.6
64.0
51.8

58.4
52.8
60.6

56.8
63.8
42.4

57.0
58.0
61.4

49.2
54.8
44.0

45.2
51.2
42.4

37.2
48.0
53.4

34.4
50.8
56.6

36.4
44.4
49.0

53.6
27.6

52.8
32.0
43.4

57.6
34.4
53.0

51.2
43.2
60.2

54.8
52.0
62.6

59.8
67.6
51.4

65.6
64.0
64.0

59.6
65.2
50.8

51.4
58.8
54.2

39.6
48.0
46.8

32.0
46.0
51.6

28.0
43.6
57.4

51.2
22.4

52.8
26.4
45.0

54.4
22.8
47.0

52.8
30.4
50.6

58.4
38.8
55.4

59.6
47.6*
55.8

61.6
58.8
65.8

60.4
62.4
64.6

56.8
71.2
54.6

54.4
64.0
55.6

44.4
61.6
52.4

37.2
50.8
55.6

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



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. Tl '87 = 100
1987
Billion
1_987SIC | KWH
850.7

Seasonallvadiusted

Not seasonallvadiusted

1992
Julv
111.7

Dec.P
114.0

1992
Julv
112.3

Aug.
111.4

Sep.
110.2

Oct.
112.3

Nov.
112.3

Aug.
114.4

Sep.
113.9

Oct/
114.1

Nov.r
111.5

Dec.P
111.4

776.5
351.3
425.2
74.2

111.7
106.4
116.5
111.0

111.5
105.5
116.1
112.0

110.1
105.9
113.7
111.5

112.5
105.9
117.3
109.8

112.6 114.3
106.0 106.7
118.3 120.6
108.7 109.4

112.7
106.0
118.8
105.7

114.8
107.6
121.1
109.2

114.1
107.7
119.8
110.4

114.4
107.3
120.3
110.1

111.7
105.4
116.9
108.9

111.3
104.8
116.8
111.9

14.6
6.3
4.8

137.0
131.9
143.6

134.5
135.5
134.5

146.8
138.4
152.9

137.1
126.6
149.2

128.4
118.1
138.6

128.4
108.6
149.1

137.0
130.5
146.1

136.4
138.6
138.0

141.6
138.5
149.9

136.6
128.9
147.0

128.8
117.5
141.1

128.5
111.1
147.1

12

13.4

104.0

108.0

105.3

107.0

105.7

105.1

81.6

95.3

97.8

103.7

107.5

113.7

Oil and gas extraction
Crude oil and natural gas
Natural gas liqu ds

13
131
132

33.0
27.7
3.7

100.6
99.7
93.0

102.6
102.7
88.7

100.4
101.4
84.2

101.1
102.1
79.2

101.2
101.2
88.4

102.1
101.7
94.7

101.7
100.6
95.0

101.6
100.9
90.5

102.2
102.5
86.9

100.8
102.1
77.9

99,8
100.1
85.1

105.8
106.3
91.8

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

14
142
144
147

12.3
3.5
2.9
3.9

113.0
111.0
119.1
109.0

114.6
107.6
120.9
115.4

111.4
113.7
116.7
102.5

110.6
113.2
115.5
101.6

108.3
115.9
120.0
95.6

105.1
110.4
123.0
92.3

113.4
115.9
127.1
107.3

116.3
114.1
130.1
111.7

112.9
122.5
126.3
101.9

111.5
122.5
128.8
97.8

110.7
124.4
130.5
95.2

105.3
112.7
123.6
91.5

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

20
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

112.5
112.1
102.8
115.0
113.4
110.7
132.7
129.3
105.7
103.9

113.1
112.1
102.2
116.5
116.6
112.3
129.5
125.2
109.2
101.6

111.5
115.7
101.7
113.0
118.3
112.4
129.2
121.9
101.8
98.0

114.4
116.0
107.2
116.3
118.4
116.6
130.4
117.6
108.2
102.5

114.6
117.5
105.4
113.9
119.9
116.3
140.7
118.8
104.4
103.6

116.9
117.1
105.8
118.9
122.9
114.9
138.6
123.0
108.6
106.4

119.2
122.6
113.7
117.6
114.2
120.7
124.7
119.2
116.8
112.9

123.8
124.4
112.6
134.0
120.2
125.0
128.7
121.8
125.4
111.5

122.9
126.6
110.8
136.7
122.2
124.5
131.1
119.8
116.4
109.1

120.8
120.6
106.9
133.9
124.3
121.3
143.0
118.1
112.1
106.7

115.3
116.3
101.2
115.4
124.3
113.6
158.3
126.8
101.8
101.4

113.5
113.0
99.8
111.0
123.5
110.3
156.5
131.4
101.0
101.3

21

1.7

94.6

96.7

98.3

90.3

94.5

97.9

94.1

107.1

109.9

101.3

93.5

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

111.1
102.7
127.6
113.4
113.0
120.7

110.8
102.7
122.9
115.9
110.4
108.7

107.4
100.5
126.5
110.8
105.6
112.2

104.5
97.3
121.9
110.7
103.4
112.6

109.2
100.5
128.6
112.3
110.0
115.1

113.3
102.2
135.0
116.5
116.9
110.0

108.6
100.5
129.6
108.3
110.0
113.7

122.3
113.9
142.3
122.2
127.0
121.9

118.8
111.0
144.7
120.9
117.6
122.0

110.7
102.6
128.0
117.0
110.1
117.2

105.3
96.7
123.2
111.1
106.2
110.2

103.1
92.9
121.1
111.9
107.7
103.4

Apparel products
Men's outerwear
Women's outerwear

23
231,2
233

6.6
1.9
1.9

94.5
98.1
81.6

90.9
94.3
78.8

91.4
97.5
77.0

95.0
104.3
86.6

96.0
104.9
81.6

97.8
109.1
83.8

101.4
106.2
90.6

108.8
115.4
96.7

107.2
116.0
91.1

99.6
108.6
89.6

91.8
101.3
77.1

87.9
96.4
76.2

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

106.7
100.3
95.3

107.5
99.6
97.9

108.1
100.7
96.0

107.4
101.5
95.9

107.9
99.3
97.5

108.9
100.7
96.4

102.8
94.9
92.4

105.8
96.7
95.3

106.6
98.3
95.5

107.1
100.8
96.3

108.9
101.8
98.2

108.9
101.4
97.1

Furniture and fixtures
Household furniture

25
251

5.7
3.2

103.5
103.4

103.9
96.9

103.1
97.3

104.8
97.4

105.2
101.4

106.2
102.9

98.5
94.2

108.6
100.4

108.7
101.3

107.3
100.2

104.5
101.3

104.4
100.9

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

115.2
120.5
111.5
132.5
111.0
114.1

114.4
118.1
110.2
131.9
106.6
114.1

115.1
118.3
110.4
135.5
114.7
115.4

114.4
116.7
109.7
133.8
114.0
114.2

115.6
109.7
112.1
132.1
110.5
117.5

116.6
106.6
113.2
134.8
115.6
117.7

114.3
118.3
110.1
131.4
111.7
111.4

116.6
119.9
111.4
134.3
113.3
118.8

116.4
119.6
110.0
137.6
117.4
118.8

116.2
118.6
111.0
136.9
114.6
117.3

115.7
111.7
111.8
132.6
109.4
117.7

115.3
107.2
111.6
138.0
112.1
114.2

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

119.5
111.3
120.9

120.1
110.2
121.5

122.1
113.0
123.7

123.6
112.8
125.7

125.0
115.0
128.0

125.6
111.8
131.2

132.6
123.4
133.2

137.9
125.0
138.8

136.8
125.2
138.9

127.8
114.5
131.5

121.5
110.4
126.4

118.7
109.0
122.0

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

121.3
127.8
123.8
146.4
111.9
169.8

118.9
124.2
121.4
141.9
109.1
161.6

117.1
122.2
125.8
138.1
103.2
161.2

125.1
123.8
128.2
140.4
113.7
158.3

124.9
125.2
129.3
138.9
112.8
156.9

124.4
122.4
126.2
136.6
106.5
158.3

123.6
128.9
126.6
147.0
112.4
171.5

123.4
128.9
123.0
145.7
110.0
171.0

121.3
124.8
127.8
138.9
102.6
164.6

126.4
125.3
127.1
143.0
113.1
164.2

122.8
123.0
126.1
135.4
110.5
153.1

122.9
121.8
122.8
137.2
109.4
157.0

Item
Total

MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining
INDUSTRY GROUPS and SERIES
Metal mining
10
101
Iron ore
102
Copper ore
Coal

Tobacco products




r

r

_i

16

I

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

Item

1987 SIC

[
1987 |
Billion
KWH
July

rr_

Seasonallvadiusted

Index. 1S|87 = 100
i

presr
July

Not seasonallvadiusted

Aug.

Sep.

Oct/

Nov/

Dec.P

Aug.

Sep.

Oct/

Nov/

Dec.P

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

26.5
14.2
5.5
3.1
36.0
8.5 |

111.0 110.9
114.6 118.7
114.2 117.2
114.4 111.0
105.1 106.3
109.2 110.3

107.6
112.4
118.9
112.5
109.9
106.8

110.2
114.1
121.6
116.8
110.7
104.3

109.8
115.3
124.0
117.0
109.4
108.5

110.2 114.2 112.6
113.6 117.0 117.5
126.4 127.8 131.0
115.6 I 122.1 120.4
113.0 107.5 111.5
110.2 105.1 106.7

111.9
116.8
133.8
119.7
112.7
107.7

110.4
114.7
124.5
118.4
114.1
104.5

108.4
114.5
118.0
113.5
108.4
108.4

107.9
111.7
118.1
110.9
110.1
110.6

Petroleum products

29

40.1

109.8

107.8

106.4

107.9

108.6

110.8

114.8

113.0

112.7

108.4

106.0

110.4

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

30
301
306
308

33.1
3.6
3.1
24.9

121.6
111.7
110.2
122.1

120.9
111.7
108.1
121.9

119.0
109.1
104.9
120.9

118.7
108.1
104.8
121.5

120.1
110.1
104.7
121.9

125.1
117.0
106.3
127.4

119.4
112.0
107.1
120.7

124.1
119.8
110.2
124.5

124.2
116.7
108.1
125.7

123.7
113.2
108.4
125.8

121.1
108.5
105.5
123.4

119.3
108.1
103.0
121.9

Leather and products
Shoes

31
314

1.0
.4

100.7
97.4

93.4
86.6

93.4
82.3

99.5
89.2

100.6
89.1

103.9
96.3

95.5
92.0

101.2
97.9

100.5
89.9

100.3
87.9

99.0
88.3

98.4
89.1

Stone, clay, It 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

101.9
103.4
105.1
99.0
101.1
89.6

99.3
106.3
101.0
99.1
100.5
88.1

99.3
105.7
101.4
95.5
101.4
86.9

100.9
104.2
101.3
102.0
99.1
88.3

103.0
101.1
104.9
105.4
100.8
90.1

102.3
104.5
105.2
102.4
103.4
91.3

101.9
104.6
105.7
102.0
99.2
89.5

103.9
107.3
105.0
107.0
101.6
89.8

103.7
107.2
105.1
105.2
103.3
88.8

105.3
105.8
104.1
111.0
101.0
91.4

104.4
102.5
104.8
107.5
101.7
92.0

101.5
104.3
101.8
102.1
104.0
90.6

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

110.8
111.0
108.7
93.9
107.8
98.8

109.8
112.6
103.5
96.6
104.0
95.8

111.0
112.7
103.8
101.4
108.1
97.8

109.7
111.1
103.8
97.2
107.8
97.2

108.0
110.0
105.4
94.8
106.0
100.0

110.6
112.5
105.2
96.3
110.4
99.7

108.1
107.3
101.7
94.5
108.7
93.0

107.9
110.0
99.8
95.1
104.1
96.4

108.3
109.4
105.0
96.1
105.3
101.7

111.9
113.5
107.6
100.7
109.2
100.8

109.0
111.5
107.5
96.3
105.5
100.7

110.1
110.6
102.0
98.3
111.4
97.3

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

106.1
116.7
108.7
92.8
99.9
108.0

105.0
115.0
109.9
92.6
97.2
108.0

103.5
112.1
104.8
92.1
99.1
106.7

105.0
114.1
105.4
93.4
99.7
107.8

104.7
115.2
106.3
94.7
99.5
108.9

107.7
118.2
109.1
92.4
101.8
114.4

106.2
121.4
108.3
92.7
101.1
102.9

107.1
118.8
112.3
92.6
100.6
105.7

106.8
118.3
110.2
95.1
101.1
107.1

107.1
115.7
109.2
93.2
103.8
112.8

104.7
112.9
106.1
94.4
98.7
110.6

102.9
111.6
105.6
90.2
98.1
109.1

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

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

107.4
107.7
119.3
89.1
117.0
109.0
109.0
99.2
120.4

106.9
113.5
111.9
91.1
117.6
105.6
106.3
94.9
125.5

107.3
112.0
129.6
86.0
117.0
110.1
107.7
99.1
125.8

97.7
117.5
122.7
90.2
116.1
104.7
105.2
97.4
126.4

109.3
114.0
120.4
94.4
121.2
111.2
107.1
98.3
133.3

110.7
119.6
123.1
94.0
121.4
113.4
110.2
98.1
136.9

110.4
111.9
117.5
92.4
120.5
111.2
110.7
103.5
129.0

113.2
117.9
114.1
94.5
123.8
113.5
111.3
104.3
132.3

113.5
115.2
130.2
93.5
123.6
114.9
113.4
105.0
134.8

99.6
116.2
123.3
92.4
117.8
105.3
107.4
102.5
128.3

107.5
113.1
120.6
93.8
118.8
109.0
104.9
95.6
130.5

105.8
112.5
122.2
91.1
115.3
109.5
104.6
94.3
129.1

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

104.6
88.1
110.1
90.3
103.4
121.1
83.2
114.1

103.6
85.3
108.1
88.5
97.4
110.1
81.0
112.5

103.4
85.3
107.6
87.7
97.2
119.9
81.5
112.6

104.2
82.7
105.6
88.2
99.0
121.5
85.0
113.3

102.6
81.8
108.3
85.9
101.0
125.2
82.0
111.3

105.2
82.0
109.8
88.7
102.7
126.2
85.0
115.4

108.8
87.2
112.6
87.7
103.3
124.2
90.3
120.1

109.3
90.7
110.0
90.7
95.4
122.4
88.5
120.1

110.2
89.3
110.6
92.5
101.6
126.6
89.3
121.1

106.4
84.3
105.9
89.7
100.2
125.7
86.8
116.1

101.5
79.5
107.0
83.1
100.2
125.5
79.4
110.1

100.7
79.4
106.5
81.2
98.2
120.9
80.3
110.4

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

37
371
372
373

38.3
21.9
10.1
2.1

96.7
88.0
104.2
104.7

98.0
89.3
107.7
114.7

97.7
90.0
104.8
109.3

96.2
88.2
104.6
103.6

98.5
89.7
107.1
109.0

101.7
95.4
105.2
112.9

96.6
84.6
108.5
107.3

102.9
92.2
113.8
112.9

102.1
93.1
113.0
105.8

99.8
92.1
108.2
99.5

96.8
88.9
104.5
105.6

94.6
86.8
101.0
111.5

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

107.5
100.7

103.9
95.0

106.1
101.1

108.0
96.7

107.7
99.1

108.6
104.6

114.8
105.0

115.3
103.3

114.4
106.5

111.3
101.9

105.1
94.7

103.4
100.1

39

4.6

117.7

113.5

112.8

114.7

115.5

118.6

118.4

120.4

120.2

118.3

113.9

112.2

832.5
765.4
85.3

110.0
111.2
119.5

109.6
111.1
117.7

108.8
109.9
116.9

110.9
110.4
121.0

111.1
110.6
120.5

112.3
112.3
117.8

110.4
111.8
120.9

112.6
114.1
120.4

112.3
113.8
114.5

112.6
112.2
119.9

110.2
109.8
118.4

110.0
109.4
122.9

Miscellaneous manufactures

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




17

Explanatory Note
The Industrial Production and Capacity Utilization release reports measures of
output, capacity, and capacity utilization in the manufacturing, mining, and electric
and gas utilities industries. Survey data on electric power use in manufacturing and
mining also are included. Data shown the release are available on the day of issue
through the Department of Commerce's online Economic Bulletin Board
(202-377-3870). Historical data are available on magnetic tape from the National
Technical Information Service (703-487-4650).
Industrial Production
Coverage. The industrial production index (IP) measures output in the
manufacturing, mining, and electric and gas utilities industries. The total IP index is
constructed from 250 individual series. These individual series are classified and
grouped two ways: 1) market groups (shown in table 1), such as consumer goods,
equipment, intermediate products, and materials, from which the seasonally adjusted
total index is derived; and 2) industry groups (shown in tables 2 and 6), such as
two-digit Standard Industrial Classification (SIC) industries and major aggregates of
these industries, for example, durable and nondurable manufacturing, mining, and
utilities. The 1977 SIC is the basis for industry classification of IP.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to
be purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprises final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript "p" in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript "r" in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990, 1985, and 1976.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units, and (2) data on inputs to the
production process, from which output is inferred. Physical product data, such as
tons of steel or barrels of oil, are obtained from private trade associations, as well as
the government agencies listed above; data of this type are used to estimate monthly
IP where possible and appropriate. When suitable physical product data are
unavailable, estimates of output are based on either production-worker hours,
kilowatt hours, or a combination of the two. Hours of production workers are
collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The kilowatt hours data are described below. The factors used to convert
inputs into estimates of production are based on historical relationships between the
inputs and the comprehensive data used to benchmark the IP indexes (censuses,
annual surveys, and the like); these factors also may be influenced by technological
or cyclical developments. Especially for the first and second estimates for a given
month, the available source data are limited and subject to revision.
Weights. 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, while 1977 weights are used for the
1977-81 period. The other weight years in the postwar period are 1972,1967,1963,
1958, 1954, and 1947. The 1987 value-added weights used to aggregate the index
are shown in the first column of tables 1, 2, and 6 under the heading "Proportion in
total I P - 1987". To the extent that a given industry grows faster (slower) than the
total index after 1987, its current proportion will rise (fall). Proportions for the most
recent complete year of data are shown in the second column of tables 1, 2, and 6.
Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1 Arima
Method, which was developed at Statistics Canada. The current seasonal factors are
based on data through 1988. Individual series and major aggregates are seasonally
adjusted independently. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups. In addition, because
the seasonal adjustment of aggregates is done separately, the seasonally adjusted
value of a given market or industry group may not be equal to an aggregation of its
seasonally adjusted components.



18

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.36 percent during the 1972—88 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.27 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production - 1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production -1986 Edition at a price of $9.00 per copy, write to Publication Services,
Mail Stop 138, Board of Governors of the Federal Reserve System, Washington, D.C.
20551. The 1990 revision to the index is described in Kenneth Armitage and Dixon
A. Tranum, "Industrial Production: 1989 Developments and Historical Revision",
Federal Reserve Bulletin, Vol. 76 (April 1990), pp. 187-204.
Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 74 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, and total industry.
Component industries of the primary and advanced processing groups within
manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For mining,
manufacturing, and utilities as a whole, and for total manufacturing, utilization rates
as high as 90 percent have been exceeded only in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in Richard D. Raddock, "Revised Federal Reserve Rates of Capacity
Utilization," Federal Reserve Bulletin, Vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilizaton is described in Richard D.Raddock,
"Recent Developments in Industrial Capacity and Utilization," Federal Reserve
Bulletin, vol. 76 (June 1990), pp. 412-35.

Electric Power
Electric power (kilowatt hour) data are collected by the Federal Reserve District
Banks from electric utilities and also from manufacturing and mining establishments
that generate electric power for their own use (cogenerators). The indexes of power
use shown in table 9 are sums of kilowatt hours used by an industry or industry group
expressed as a percentage of that industry's or group's usage in 1987. The first
column of the table shows, for reference, electric power use in billions of kilowatt
hours as reported by manufacturing and mining industries in the 1987 censuses of
those industries. The supplementary group, "Total, less nuclear nondefense," is
shown separately because the nondefense nuclear material series (part of SIC 2819)
accounts for a disproportionately large part of total electric power use. Because the
value-added proportion for this industry in total IP is considerably smaller than its
share of total electric power use, excluding this component from total power use
facilitates comparisons with total IP.

Release Schedulefor1993
At 9:15 a.m. on January 15, February 18, March 17, April 16, May 14, June 16, July
16, August 16, September 16, October 15, November 15, and December 15.

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