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-v*—

V,P

FEDERAL RESERVE statistical release
MiRitf?:-

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

G.17 (419)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.7 percent in December, following a gain of 0.9 percent in November. For the fourth
quarter as a whole, total output advanced at an annual rate of 7.5 percent. Continuing the pattern begun in September,
December's growth was boosted by developments in the motor vehicles and parts industry, where production grew
4.9 percent for the month and has increased approximately 25 percent since August. Excluding motor vehicles and parts,
industrial production grew 0.5 percent in December, about the same as November's increase; this gain reflected continued
growth in the output of construction supplies, durable goods materials, and business equipment. At 114.0 percent of its 1987
average, industrial production in December was 4.6 percent above its level a year ago. Reflecting the sustained strong
growth in output, the utilization of total industrial capacity rose 0.5 percentage point in December after having increased
0.7 percentage point in November. Capacity utilization at the end of 1993 stood at 83.5 percent, 2.5 percentage points above
its year-ago level but still below its most recent 1988-89 peak.

(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index. 1987=100
!
1993
1993
Sep/
Industrial Production
|
Sep/
Oct/
Nov/
Dec.P

Percent chanae
Oct/

Nov/

Dec.P

Dec. 92 to
Dec. 93

Total index
Previous estimates

111.4
111.4

112.1
112.2

113.2
113.2

114.0

.3
.4

.7
.7

.9
.9

.7

4.6

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

110.5
107.4
139.4
99.3
112.7

111.4
108.6
140.8
99.9
113.2

112.4
109.6
142.9
100.7
114.3

113.0
109.8
144.9
101.3
115.5

.2
-.4
1.4
.6
.5

.8
1.1
1.0
.6
.5

.9
.8
1.5
.8
.9

.5
.2
1.4
.6
1.1

4.4
2.1
11.8
7.2
5.0

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

112.3
117.0
106.5
97.7
115.3

113.2
118.3
107.0
98.2
114.6

114.5
120.1
107.6
97.4
115.4

115.3
121.7
107.4
97.9
116.6

.4
1.1
-.7
2.3
-2.1

.8
1.1
.4
.6
-.6

1.1
1.5
.6
-.8
.8

.7
1.3
-.2
.5
1.0

5.6
8.8
1.3
-.4
-.1

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities



Average
1967-93

1982
Low

Percent of Capacity
1992
1988-89
1993
High
Dec.
Sep/

Oct/

Nov/

Capacity
growth
Dec. 92 to
Dec.P
Dec. 93

81.9

71.8

84.8

81.0

81.9

82.3

83.0

83.5

1.6

81.2
80.7
82.3
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

79.8
78.6
82.9
87.8
88.5

81.0
79.6
84.4
87.8
86.7

81.5
80.1
84.8
88.4
86.1

82.3
80.9
85.7
87.7
86.6

82.7
81.4
86.0
88.2
87.5

1.9
2.3
.9
-.8
1.1

Market Groups
The output of consumer goods was pushed up by another sizable gain in automotive products. However, the
output of other consumer durable goods, such as appliances, eased in December after two months of strong growth. Despite
last month's decline, the production of consumer durables excluding automotive products grew at an annual rate of more
than 6 percent during the fourth quarter. The output of nondurables remained sluggish: The output of clothing and consumer
paper products continued to be weak, and the production of consumer fuels, mainly gasoline, declined sharply last month.
The rapid expansion in the output of business equipment since August continued in December, led by strong
gains in motor vehicles and computers. The production of most other categories of business equipment, except commercial
aircraft, also increased.
Among materials, another sharp rise in the output of durables in December was driven largely by sizable
increases in the production of semiconductors and parts for motor vehicles. However, the production of nondurable goods
materials declined slightly, as the output of chemical materials rose but the output of paper materials declined. The output of
energy materials expanded 0.8 percent, with coal, crude oil, and utilities production all up noticeably. Nevertheless,
production for this market group was down about 1 percent from its December 1992 level.
Industry Groups
Manufacturing output expanded 0.7 percent in December after a gain of 1.1 percent in November. Production
by manufacturers of durable goods grew 1.3 percent, with particularly strong increases recorded by the iron and steel,
nonelectrical machinery, and motor vehicles and parts industries. By contrast, output of nondurable goods manufacturers
declined 0.2 percent on a broad front; food, apparel, paper, printing and publishing, and petroleum all posted lower output
for the month. The output at utilities rose 1.0 percent, and the output of mines increased 0.5 percent.
Manufacturing capacity utilization increased 0.4 percentage point in December to 82.7 percent. Rising
utilization in durable goods manufacturing has accounted for all of the increase in the factory utilization rate over the past
two months. Increases in utilization have been particularly sharp in primary metals and in motor vehicles and parts. By
contrast, the utilization rate in nondurables manufacturing declined 0.2 percentage point.

NOTICE
Revised indexes of industrial production and rates of capacity utilization will be published in the G.17 (419)
statistical release in February 1994. Revised production statistics will begin in 1991 and revised capacity
utilization statistics will begin in 1990.
Points of information
• The revisions to production primarily reflect the incorporation of more comprehensive monthly source data,
review of the production factor coefficients, and updated seasonal factors.
• The revisions to capacity utilization will reflect improved estimates of capital stocks and preliminary results
from the Census Survey of Plant Capacity for 1991 and 1992.
• Diskettes containing the revised data will be available on the day of release from the Board of Governors of
the Federal Reserve System, Publications Services, at (202) 452-3245.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Seasonally adjusted

December data
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

5 -Vt* %

r~

V^L

Materials

^y

0
-5

—|

\

r

Y//Y* **T

Products

I

-10

i

1988

1

1

1990

i

1

i

5

V^k

%

¥

V

TJ

Durable
manufacturing

y*

I

1994 1988

1992

1

1

1

-10
1994

Ratio scale, 1987 production = 100

Capacity

~

Ih -

^S~^

Ih -

~

90 —

Capacity

S~*

—I
Production

I

I

I

I

I I

I

I

I

-H

130

]

110

—

90

Production

I I

I I I II I I I I

I I

I

I

I

I

I

Percent of capacity




0

Manufacturing

110

70

1

1992

Ratio scale, 1987 production = 100

130

—1

-5

1

1990

Total industry

Nondurable
manufacturing

I

I I

70

Percent of capacity

1990

1980
3

1985

1990

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
"Proportion
inTotallP

Index, 1987=100
SeasonallvAdiusted

1987

1993

1993
Julv

Aug.

Sep/

100.0

100.0

110.8

111.0

111.4

59.5
44.8

59.1
45.8

110.0
113.2

110.3
113.5

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

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

25.8
5.9
2.7
1.7
.8
.9
1.0

8.6
2.2
4.0
2.4
2.8
.7
2.1

107.7
108.6
103.3
100.3
78.2
138.6
108.4
113.2
127.3
109.9
107.4
107.4
104.9
93.6
124.0
101.3
112.9
105.0
116.0

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

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

20.0
16.3
7.8
3.8
4.1
2.5
1.3
1.9
3.1
.4
.2

14.7
5.9
8.8

Not seasoncilly adjusted

Oct/

Nov/

Dec.P

1993
Julv

112.1

113.2

114.0

109.7

110.5
113.8

111.4
114.8

112.4
115.9

113.0
116.6

107.8
107.9
103.0
99.2
71.8
146.7
109.3
112.2
123.8
108.3
108.1
107.8
105.5
93.3
123.8
100.8
114.7
104.0
118.9

107.4
109.3
105.6
104.1
75.4
153.9
108.1
112.5
125.9
107.3
108.2
106.9
104.2
92.6
124.0
100.8
112.9
108.2
114.7

108.6
113.4
112.9
114.9
85.2
166.4
109.5
113.8
129.6
109.0
108.0
107.3
104.8
92.6
123.0
101.3
114.6
113.1
115.1

109.6
117.0
119.5
124.9
95.4
176.0
110.4
114.9
131.9
108.6
109.3
107.4
104.5
92.9
124.2
100.6
115.4
114.6
115.7

121.2
137.1
158.2
226.5
117.2
133.2
118.9
119.6
78.6
81.0
118.5

121.6
137.6
158.8
232.0
117.3
132.5
119.6
121.9
78.0
87.8
116.2

122.9
139.4
161.5
237.1
117.8
135.3
126.5
123.1
77.5
90.5
120.6

123.8
140.8
162.3
241.8
117.6
141.3
139.6
124.5
76.9
88.9
127.7

13.3
5.2
8.1

100.4
98.4
101.7

100.6
98.7
101.8

100.4
99.3
101.2

40.5

40.9

112.0

112.2

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

21.4
4.1
8.4
8.9
3.1
9.2
1.1
2.0
4.1
2.1
10.2
6.5
3.8

115.4
109.8
124.9
110.2
111.3
114.2
105.9
113.4
117.3
114.0
103.7
98.2
114.5

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

97.2
95.2
97.7

97.0
94.8
95.3

Consumer goods excluding:
Autos and trucks
Energy

24.8
23.8

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

item

.

Total index
Products, total
Final products

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

.

~

Aug-

Sep/

Oct/

Nov/

Dec.P

114.0

113.9

114.0

112.5

111.6

109.0
111.1

114.6
117.7

114.4
117.5

114.1
117.6

111.4
114.7

109.9
113.5

109.8
118.6
123.4
131.5
98.8
188.0
109.9
114.4
128.5
109.4
109.6
107.2
104.4
92.5
124.3
99.4
115.7
112.0
117.1

105.3
93.4
80.6
65.8
51.1
91.3
105.5
104.6
108.9
103.6
102.9
108.7
105.0
93.3
134.4
99.9
110.1
108.5
110.8

112.6
109.9
104.6
100.4
72.6
148.5
111.8
114.5
127.7
112.6
108.2
113.4
112.8
97.8
136.6
100.6
111.3
106.9
113.0

112.0
113.5
110.0
109.0
77.7
163.3
111.8
116.6
133.5
111.9
110.0
111.6
111.6
97.1
136.9
99.4
103.7
110.1
101.2

111.3
122.2
125.4
132.6
98.7
191.3
113.4
119.4
138.9
113.4
112.3
108.2
110.5
95.2
125.5
99.7
98.0
112.2
92.5

107.8
117.0
117.3
123.2
94.7
172.6
107.4
116.6
130.7
108.9
113.7
105.2
103.9
92.3
118.7
99.4
109.9
116.6
107.3

106.4
107.4
105.1
105.7
82.0
146.8
104.0
109.5
112.1
104.6
111.2
106.1
99.2
89.1
116.6
100.2
136.7
115.3
144.9

125.2
142.9
164.9
247.9
118.5
145.7
150.5
125.0
76.6
85.7
138.4

126.6
144.9
168.2
255.0
119.5
147.7
154.9
125.5
76.1
85.0
140.0

119.4
135.3
161.6
234.2
117.7
110.6
79.6
120.2
76.8
80.9
114.2

125.1
142.7
168.1
253.1
119.7
132.4
121.1
125.3
76.7
87.1
136.3

125.5
142.9
165.6
244.5
120.7
137.4
131.0
127.4
77.1
92.8
134.3

126.7
144.3
166.6
250.5
118.3
151.1
158.6
124.4
77.2
94.2
142.0

124.7
141.6
162.9
241.5
117.9
145.1
147.5
123.4
77.4
95.0
128.6

123.9
140.6
164.1
244.6
118.8
134.4
126.0
122.4
78.1
94.1
103.2

101.0
99.9
101.6

101.8
100.7
102.5

101.9
101.3
102.2

102.6
100.9
103.7

105.2
102.2
107.2

105.0
102.9
106.4

103.5
102.9
104.0

101.3
100.1
102.0

98.8
96.0
100.6

112.7

113.2

114.3

115.5

110.6

113.2

113.2

113.9

114.2

114.1

115.8
110.3
126.2
109.7
109.7
115.2
105.6
113.5
119.5
114.2
102.8
96.7
114.9

117.2
112.0
128.0
110.6
110.8
113.8
102.9
112.6
117.9
113.3
103.3
98.7
112.4

118.2
114.2
129.2
110.8
112.2
114.4
103.9
112.1
118.0
115.8
102.9
97.9
112.7

119.7
118.6
129.6
111.9
112.8
115.5
104.1
114.2
119.1
116.7
103.0
97.6
113.8

121.7
123.6
131.5
112.8
114.3
115.3
104.2
113.1
119.8
115.6
103.9
98.5
114.4

113.6
104.4
123.4
109.6
109.3
112.2
98.6
111.0
116.9
112.2
103.8
96.6
118.0

116.8
110.3
126.4
111.9
109.1
115.8
107.7
114.2
118.7
116.6
104.3
97.0
118.7

118.5
114.2
127.5
113.0
112.5
115.6
104.1
113.6
120.3
115.4
101.4
96.9
110.4

119.7
117.6
129.2
112.7
112.3
116.9
106.7
114.1
118.3
122.7
100.8
96.6
108.9

120.1
120.2
130.2
111.7
112.2
114.8
102.1
115.0
119.0
113.9
102.7
98.1
111.6

120.3
119.4
133.6
109.7
110.9
110.3
96.2
109.8
117.2
105.8
105.7
99.7
117.6

110.9
110.9
108.1

111.1
111.1
108.1

111.3
111.2
108.4

111.8
111.5
109.0

112.6
112.2
110.0

113.2
112.7
110.6

110.8
110.8
106.7

114.2
114.2
110.7

113.9
113.7
110.8

113.2
113.0
110.8

112.0
111.6
109.4

111.5
111.1
108.4

24.1
23.0

108.2
107.1

108.4
107.0

107.7
106.8

108.2
108.0

108.5
108.9

108.2
109.1

108.1
104.8

113.4
112.7

112.2
113.0

109.8
112.8

106.8
107.6

106.4
102.9

12.2
11.3

15.0
12.5

138.7
122.1

139.1
121.7

140.6
123.0

140.9
123.8

142.2
125.2

144.1
126.4

140.1
118.7

144.5
124.1

143.9
125.8

143.1
126.4

141.1
124.8

141.8
123.1

29.5

30.7

115.1

115.6

116.1

117.0

118.4

119.8

113.1

116.5

117.6

118.8

118.5

117.3

•3.1

.9
.9
1.4
20.0

SPECIAL AGGREGATES




-

Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1992Q4
to
1993Q4

Seasonally adjusted
annual rate
1993
Q4P
Q2
Q3r
Q1

Seasonally adjusted
i
Not seasonally adjusted
j Dec. 92
1993
! 1993
|
to
Sep/
Oct/ Nov/ Dec.P Sep/
Oct/ Nov/ Dec.P I Dec. 93

Total index

4.5

5.5

2.3

2.6

7.5

.3

.7

.9

.7

-.1

.1

-1.3

-.8

4.6

Products, total
Final products

4.3
4.5

5.1
5.4

1.5
1.1

3.0
3.0

7.5
8.4

.2
.3

.8
.9

.9
1.0

.5
.6

-.2
-.1

-.3
.0

-2.4
-2.4

-1.4
-1.1

4.4
4.6

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

2.1
9.9
12.6
17.5
14.0
20.8
4.5
7.5
17.5
6.3
2.3
.0
-.7
-2.9
1.5
-.2
2.4
5.0
1.5

4.6
21.7
27.7
41.6
41.3
41.8
6.7
16.7
35.9
12.4
9.0
.1
-2.0
-1.7
1.1
2.9
4.4
-1.4
6.5

-2.4
-3.2
-9.9
-16.7
-10.0
-22.9
3.4
3.1
3.3
9.7
-1.0
-2.2
-1.8
-2.0
1.8
2.7
-13.0
-4.3
-16.0

.3
-6.2
-17.3
-27.8
-43.8
-8.4
3.1
4.3
18.4
1.8
-2.3
2.3
2.0
-5.8
3.3
-4.0
14.3
-2.1
20.9

6.3
31.8
69.3
123.5
136.2
112.6
4.9
6.3
14.5
1.6
4.0
-.2
-1.1
-2.3
-.4
-2.1
6.1
31.4
-1.8

-.4
1.3
2.5
4.9
4.9
4.9
-1.1
.2
1.7
-.9
.0
-.8
-1.3
-.7
.1
.0
-1.6
4.0
-3.5

1.1
3.8
6.9
10.4
13.0
8.1
1.3
1.2
2.9
1.5
-.2
.4
.6
-.1
-.8
.5
1.5
4.5
.4

.8
3.2
5.8
8.7
12.0
5.8
.8
1.0
1.8
-.3
1.2
.1
-.3
.4
1.0
-.7
.7
1.4
.5

.2
1.3
3.3
5.3
3.6
6.8
-.4
-.4
-2.6
.7
.3
-.2
-.1
-.5
.1
-1.2
.2
-2.3
1.2

-.5
3.3
5.2
8.6
7.0
10.0
.0
1.8
4.5
-.7
1.6
-1.6
-1.1
-.7
.2
-1.2
-6.8
3.0
-10.4

-.6
7.7
14.0
21.6
27.0
17.2
1.4
2.5
4.1
1.3
2.1
-3.0
-.9
-2.0
-8.3
.4
-5.5
1.9
-8.6

-3.1
-4.3
-6.4
-7.0
-4.0
-9.8
-5.2
-2.3
-5.9
-4.0
1.2
-2.7
-6.0
-3.0
-5.4
-.3
12.1
3.9
16.0

-1.4
-8.1
-10.4
-14.2
-13.4
-15.0
-3.2
-6.1
-14.2
-3.9
-2.2
.8
-4.5
-3.5
-1.8
.8
24.4
-1.1
35.1

2.1
9.9
13.5
17.7
13.7
21.6
5.9
6.6
16.3
3.7
2.8
-.2
-.4
-3.7
2.1
-1.5
1.1
5.5
-.4

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

7.5
11.0
15.7
34.4
6.3
3.0
18.1
14.1
-7.9
-.3
13.6

6.6
11.0
11.0
31.5
5.6
16.4
39.0
15.9
-7.7
-30.0
18.0

6.0
10.4
19.8
41.4
8.0
-11.2
-11.9
12.7
-8.8
-13.0
-30.2

6.5
8.0
17.3
33.6
8.0
-21.1
-28.3
16.2
-7.5
61.9
18.4

11.2
14.7
14.8
31.4
3.7
38.1
121.1
11.7
-7.5
.4
70.8

1.1
1.4
1.7
2.2
.4
2.1
5.7
1.0
-.6
3.1
3.8

.7
1.0
.5
2.0
-.1
4.5
10.4
1.1
-.8
-1.8
5.9

1.1
1.5
1.6
2.5
.8
3.1
7.8
.4
-.4
-3.6
8.4

1.1
1.4
2.0
2.9
.8
1.4
2.9
.4
-.6
-.8
1.1

.3
.2
-1.5
-3.4
.8
3.8
8.2
1.6
.5
6.6
-1.4

.9
1.0
.6
2.4
-1.9
9.9
21.1
-2.4
.1
1.4
5.8

-1.6
-1.9
-2.2
-3.6
-.4
-4.0
-7.0
-.8
.3
.8
-9.5

-.7
-.7
.7
1.3
.8
-7.4
-14.6
-.8
.9
-.9
-19.7

8.0
11.8
17.4
36.8
6.4
2.5
17.9
14.9
-7.7
-6.8
8.9

3.6
6.2
1.9

4.1
6.5
2.7

2.6
3.0
2.4

3.1
7.9
.2

4.3
7.7
2.2

-.1
.6
-.6

.5
.6
.4

.8
.8
.8

.1
.6
-.2

-.2
.7
-.8

-1.4
.0
-2.3

-2.2
-2.6
-1.9

-2.4
-4.1
-1.3

3.6
7.2
1.4

4.7

6.1

3.5

1.9

7.4

.5

.5

.9

1.1

.0

.6

.2

-1

5.0

8.1
13.7
9.2
4.5
3.8
3.3
1.0
2.9
3.5
4.5
-.7
-2.3
2.2

11.1
29.9
6.3
7.9
8.4
3.8
3.4
6.8
.7
7.6
-1.5
-6.0
6.8

3.7
-.3
8.6
1.1
-1.1
6.4
.5
12.3
8.0
1.0
.9
8.7
-11.6

4.4
-2.8
9.7
2.9
-.9
.7
3.1
-6.6
3.4
1.6
-1.9
-11.2
16.7

13.4
32.8
12.5
6.3
9.2
2.4
-2.7
-.1
2.3
7.9
-.1
.6
-1.1

1.2
1.5
1.5
.8
1.0
-1.3
-2.6
-.8
-1.4
-.8
.5
2.1
-2.1

.9
2.0
1.0
.2
1.2
.5
.9
-.4
.0
2.2
-.4
-.8
.2

1.3
3.9
.3
1.0
.5
1.0
.3
1.8
.9
.8
.1
-.4
1.0

1.7
4.2
1.4
.8
1.3
-.2
.1
-1.0
.6
-.9
.8
1.0
.5

1.4
3.5
.9
.9
3.1
-.2
-3.3
-.5
1.3
-1.0
-2.7
-.1
-7.0

1.0
3.0
1.3
-.2
-.2
1.1
2.5
.4
-1.6
6.3
-.7
-.3
-1.3

.4
2.2
.8
-.9
-.1
-1.8
-4.4
.8
.6
-7.2
1.9
1.6
2.4

.2
-.7
2.6
-1.7
-1.2
-3.9
-5.7
-4.6
-1.5
-7.1
3.0
1.6
5.4

8.8
15.0
9.8
5.0
5.0
3.4
1.3
2.2
4.5
3.8
-1.1
-2.7
1.7

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

4.1
3.7
3.2

4.6
4.0
4.5

2.9
3.0
.8

3.6
3.8
1.2

5.1
4.1
6.3

.2
.1
.2

.4
.3
.6

.7
.6
.9

.6
.5
.6

-.3
-.4
.1

-.5
-.7
.0

-1.1
-1.2
-1.2

-.4
-.5
-.9

4.2
3.9
3.3

Consumer goods excluding:
Autos and trucks
Energy

1.1
2.1

2.3
4.6

-1.3
-1.1

2.6
-1.3

.8
6.4

-.7
-.2

.5
1.1

.3
.9

-.2
.2

-1.1
.2

-2.1
-.1

-2.8
-4.6

-.3
-4.4

.9
2.2

10.4
4.9

8.9
6.1

12.5
2.8

11.6
1.2

8.7
9.7

1.0
1.1

.2
.6

.9
1.1

1.3
1.0

-.4
1.4

-.6
.5

-1.4
-1.3

.5
-1.3

11.3
5.3

6.6

8.9

4.5

3.3

10.0

.4

.8

1.2

1.1

.9

1.0

-.3

-1.0

7.1

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

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

Note—Percent changes shown in the f rst and last columns are based on s easona ly adjusted data.




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

Proportion
in Total IP
Item

.

SIC

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

24
25
32

SeasonallvAdiusted

Not seasonally adjusted
"

1987

1993

1993
July

1993

100.0

100.0

110.8

111.0

111.4

112.1

113.2

84.3

84.9

111.6

111.9

112.3

113.2

27.1
57.1

26.3
58.7

107.6
113.5

108.0
113.7

107.6
114.5

46.5
2.1
1.5
2.4

48.5
1.9
1.4
2.2

115.4
99.1
111.1
100.8

115.7
99.9
111.1
100.9

Aug.

Sep/

Oct/

Nov/

Dec.P I

Julv

Aug.

Sep/

Oct/

Nov/

Dec.P

114.0

109.7

114.0

113.9

114.0

112.5

111.6

114.5

115.3

110.3

115.3

115.9

116.3

114.0

111.4

108.2
115.6

109.5
116.8

109.9
117.8

106.4
112.1

109.7
118.0

109.9
118.7

110.7
119.0

109.2
116,2

105.8
114.1

117.0
100.7
111.3
102.4

118.3
104.0
111.4
101.4

120.1
104.2
111.5
102.9

121.7
104.6
110.9
103.0

112.4
98.6
106.6
102.0

118.0
104.6
116.7
105.1

119.3
104.1
117.3
105.2

121.2
107.7
114.2
106.1

119.8
101.8
111.7
103.7

118.1
96.3
109.9
97.9

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Industrial and commercial
machinery and computer equip. 35
Computer and office equip
357
Electrical machinery
36

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.2
4.9

105.3
111.9
108.2
96.3
101.2

106.2
112.1
106.2
98.0
101.0

106.0
111.1
105.3
98.9
100.9

105.0
112.4
106.7
94.9
101.6

107.1
111.1
106.8
101.6
102.7

109.1
114.6
111.0
101.6
103.3

102.9
110.0
104.6
93.1
100.8

104.8
110.1
103.6
97.6
103.1

107.8
113.4
104.8
100.1
103.1

106.4
113.8
107.9
96.3
103.4

106.8
111.6
104.0
100.2
102.9

103.1
107.1
103.2
97.5
102.2

8.5
2.3
6.9

11.3
4.7
8.2

148.5
226.5
132.3

149.9
232.0
133.5

152.1
237.1
135.2

153.7
241.8
136.0

156.2
247.9
137.2

158.8
255.0
138.7

151.5
234.2
128.4

157.4
253.1
134.3

155.9
244.5
136.9

156.0
250.5
138.2

153.2
241.4
138.8

154.1
244.5
138.9

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

372-6,9
38
39

9.9
4.8
2.2
5.1
5.1
1.3

9.4
5.2
2.3
4.2
4.7
1.3

100.8
110.1
102.8
92.0
102.8
112.3

100.4
110.0
104.0
91.3
101.3
112.5

102.4
115.0
104.8
90.5
102.0
114.3

106.3
124.1
116.3
89.5
101.7
113.7

110.0
132.3
127.3
89.0
101.5
114.3

112.7
138.8
133.5
88.2
102.1
115.1

88.1
86.8
67.4
89.3
103.6
109.2

99.6
110.6
105.2
89.4
103.2
113.8

103.6
118.2
109.3
89.9
103.8
116.0

111.6
134.8
134.3
89.8
102.7
118.0

109.8
130.9
125.9
90.0
101.5
118.2

105.7
121.8
108.2
90.6
101.8
116.2

20
21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

36.4
8.5
.8
1.8
1.9
3.7

107.0
107.2
91.5
107.7
90.7
112.0

107.3
107.8
92.7
107.4
90.6
113.1

106.5
107.3
85.8
105.4
89.6
111.2

107.0
107.8
88.2
106.6
89.4
111.8

107.6
107.2
89.1
106.3
90.0
113.8

107.4
107.0
88.7
106.8
89.7
112.8

107.7
108.6
76.1
104.0
89.4
109.9

112.0
114.5
98.3
111.4
93.3
114.1

111.7
114.3
91.8
109.5
92.5
112.2

110.4
113.6
97.2
111.2
91.2
115.8

106.8
107.5
87.3
104.2
90.7
113.2

103.1
104.0
72.2
96.9
89.1
107.1

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

5.5
9.3
1.3
3.3
.3

93.8
118.7
102.5
114.7
96.8

93.4
119.1
102.4
114.8
97.0

93.8
118.5
104.3
113.9
98.2

94.3
118.1
107.9
113.9
99.1

94.4
119.6
108.2
115.4
99.3

93.3
120.0
107.1
116.4
99.4

96.3
123.1
109.0
110.1
93.6

99.1
124.7
108.3
115.4
99.8

99.4
125.2
109.5
115.0
100.4

97.2
119.5
109.4
116.5
101.0

94.5
116.4
109.6
115.3
101.5

90.3
114.4
106.4
114.0
99.8

10
12
13
14

8.0
.3
1.2
5.8
.7

7.0
.5
1.2
4.8
.6

96.4
167.7
101.0
91.6
93.2

95.5
148.2
95.9
92.4
94.7

97.7
161.5
103.9
93.0
95.0

98.2
178.5
104.7
92.7
94.3

97.4
172.0
100.7
92.6
95.9

97.9
172.8
104.0
92.6
94.5

94.0
166.4
93.5
89.3
100.1

95.5
153.1
102.8
89.8
102.4

97.6
163.7
107.5
91.3
100.9

99.7
173.0
108.5
93.5
100.3

99.7
170.2
103.8
95.0
97.1

98.4
169.9
97.9
95.3
90.3

491,3pt
492,3pt

7.7
6.1
1.6

8.1
6.3
1.7

116.9
118.1
112.4

117.7
118.9
113.3

115.3
115.1
116.0

114.6
113.6
118.2

115.4
114.8
117.8

116.6
116.1
118.6

119.3
131.7
73.3

119.5
132.2
72.4

109.8
119.4
74.3

103.7
107.2
90.8

110.3
107.2
121.4

127.6
116.4
169.0

79.5
81.9

79.7
80.2

111.7
108.3

112.0
108.5

112.1
108.7

112.6
109.5

113.4
110.7

113.8
111.3

111.7
106.7

115.6
111.4

115.7
112.2

115.2
112.5

112.9
110.3

110.8
107.6

9.6
5.4
4.2
4.0
0.2

9.7
5.1
4.5
4.3
0.3

10.1
5.3
4.8
4.5
0.3

11.0
5.9
5.2
4.8
0.3

12.0
6.6
5.4
5.1
0.3

12.5
6.8
5.7
5.5
0.3

6.4
3.6
2.8
2.7
0.2

9.9
5.2
4.7
4.4
0.3

10.7
5.5
5.1
4.8
0.3

12.3
6.6
5.7
5.4
0.3

12.0
6.6
5.4
5.1
0.3

10.8
6.0
4.8
4.5
0.3

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
Mininq
Metaimining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AGGREGATES
Manufacturing excluding;
Motor vehicles and parts
Computer and office equipment

Memo: Motor vehicle assemblies 1
Total
Autos
Trucks
Light
Heavy and medium

1.1
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation
equipment, instruments, and miscellaneous manufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change
~~" Seasonally adjustec
1992Q4
annual rate
""1993"
to
SIC J522IiL
Q1 _ U £ _ - ^ 2 L „ Q4P

r~~

Item

geasonallvadiusted . * _
1993
S e p / _ Oct/ Nov/ Oifii

Total index

4.5

5.5

2.3

2.6

7.5

.3

.7

.9

Manufacturing

5.2

6.4

3.4

2.3

8.7

.4

.8

1.1

4.3
5.5

6.6
6.3

3.2
3.3

1.9
2.5

5.6
10.2

-.4
.7

.6
.9

8.3
5.8
8.9
5.1

10.3
4.7
16.4
2.9

4.4
-9.2
10.8
7.6

4.3
11.1
8.5
5.8

14.5
18.5
.3
4.3

1.1
.7
.2
1.5

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

24
25
32

Not seasonally adjusted
i Dec. 92
1993
|
to
JsmJL*^QsLL. Nov/ Dec.P , Dec. 93
-.1

.1

-1.3

-.8

4.6

i

.5

.4

-2.1

-2.3

5.6

1.2
1.1

A
.8

.2
.6

.8
.2

-1.4
-2.3

-3.1
-1.9

4.7
5.8

1.1
3.3
.1
-1.0

1.5
.2
.0
1.5

1.3
.4
-.5
.1

1.1
-.5
.6
.1

1.6
3.5
-2.7
.9

-1.2
-5.5
-2.2
-2.3

-1.4
-5.4
-1.6
-5.5

8.8
6.7
6.8
5.1

.7

Primary metals
33
Iron and steel
331,2
Raw steel
Nonferrous
333^6,9
Fabricated metal products
34
industrial and commercial
machinery and computer equip. 35
Computer and office equip.
357
Electrical machinery
36

5.5
7.3
5.6
2.8
5.0

14.5
16.6
5.5
11.3
9.8

-.8
.0
4.2
-2.0
3.1

4.1
9.7
6.6
-4.1
1.3

4.9
3.7
6.3
6.7
6.1

-.2
-.9
-.9
.9
-.1

-.9
1.2
1.4
-4.1
.7

1.9
-1.2
.0
7.0
1.0

1.9
3.1
3.9
,0
.6

2.9
3.0
1.2
2.6
.0

-1.3
.3
2.9
-3.9
.2

.4
-1.9
-3.6
4.1
-.4

-3.5
-4.0
-.8
-2.7
-.7

6.5
6.7
6.1
6.2
5.6

18.0
34.4
10.8

15.1
31.5
10.7

22.1
41.4
8.0

17.8
33.6
13.2

17.1
31.4
11.4

1.5
2.2
1.3

1.0
2.0
.6

1.6
2.5
.8

1.7
2.9
1.1

-.9
-3.4
1.9

.0
2.4
.9

-1.8
-3.6
.4

.8
1.3
.0

18.7
36.8
11.1

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

372-6,9
38
39

5.1
18.3
16.4
-9.0
-1.7
2.9

13.8
37.4
40.9
-7.9
-2.7
2.1

-9.7
-9.5
-15.1
-10.0
-1.3
5.1

-13.9
-18.5
-28.4
-8.1
-1.9
-.5

37.9
93.3
114.6
-10.0
-1.0
4.9

2.0
4.6
.7
-.9
.6
1.6

3.8
7.9
11.0
-1.1
-.3
-.5

3.5
6.6
9.5
-.6
-.1
.6

2.5
4.9
4.9
-.9
.6
.7

4.0
6.9
3.9
.6
.6
1.9

7.7
14.1
22.9
-.1
-1.0
1.8

-1.6
-2.9
-6.3
.3
-1.2
.1

-3.7
-6.9
-14.0
.6
.3
-1.7

6.0
19.4
16.7
-9.1
-1.2
3.0

20
21
22
23
26

1.2
.8
-11.5
1.3
-2.9
4.5

1.5
.0
-10.4
3.7
.8
8.0

2.1
1.3
-25.6
-.3
-4.9
11.8

-.3
2.1
-2.1
2.8
-4.9
-3.6

1.4
-.3
-5.8
-.8
-2.6
2.6

-.7
-.5
-7.4
-1.9
-1.1
-1.7

.4
.5
2.8
1.2
-.2
.5

.6
-.6
1.1
-.2
.7
1.8

-.2
-.2
-.4
.4
-.4
-.9

-.3
-.1
—6.6
-1.7
-.8
-1.6

-1.1
-.7
5.9
1.6
-1.4
3.1

-3.2
-5.3
-10.2
-6.3
-.6
-2.3

-3.4
-3.3
-17.3
-7.0
-1.8
-5.4

1.3
.7
-7.7
.7
-3.2
4.2

27
28
29
30
31

-.5
2.0
3.4
4.0
3.2

.2
.0
-.1
8.3
9.6

1.8
5.1
-1.0
1.2
.1

-5.1
1.4
-3.2
3.7
-4.3

1.4
1.6
19.3
2.8
8.1

.4
-.5
1.9
-.7
1.2

.5
-.3
3.5
.0
.9

.1
1.2
.2
1.3
.3

-1.1
.4
-1.0
.9
.1

.3
.4
1.1
-.4
.6

-2.3
-4.6
-.2
1.3
1

-2.8
-2.6
.2
-1.0
.5

-4.4
-1.7
-2.9
-1.1
-1.7

-1.4
2.8
3.6
4.5
2.8

10
12
13
14

-.1
5.1
-1.8
-.3
1.5

-5.7
-6.9
-3.8
-6.9
2.8

3.2
6.1
12.2
1.9
-6.1

-2.9
-14.3
-23.0
2.7
7.3

5.6
44.4
11.8
1.3
2.5

2.3
8.9
8,4
.6
.3

.6
10.6
.7
-.3
-.7

-.8
-3.7
-3.8
-.1
1.6

.5
.5
3.2
.0
-1.4

2.2
6.9
4.5
1.7
-1.4

2.2
5.7
.9
2.5
-.7

.0
-1.6
-4.3
1.6
-3.2

-1.3
-.2
-5.7
.3
-6.9

-.4
9.3
-3.6
-.8
2.1

.7
.4
1-7-

4.6
3.2
9.9

-7.5
-1.8
-26.1

10.5
9.7
13.7

-3.7
-8.4
15.8

-2.1
-3.2
2.3

-.6
-1.3
1.9

.8
1.1
-.4

1.0
1.1
.7

-8.1
-9.7
2.6

-5.6
-10.2
22.2

6.3
.1
33.7

15.7
8.5
39.2

-.1
-.2
.3

4.4
3.7

4.7
5.2

4.3
1.6

3.7
.7

4.7
7.5

.1
.2

.4
.7

.7
1.0

.4
.6

.1
.7

-.4
.3

-2.0
-1.9

-1.9
-2.5

4.7
4.0

37
371

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

491,3pt
492,3pt

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

Note—Percent changes shown in the firs : and last columns are based on sea sonallvr adjuste<j data.




Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1993
| 1993
Proportion , Ave.

1973
High

19781980
High

1982
Low

19881989
High

19901991
Low

1992
Dec.

1993
July

Aug.

Sep/

Oct/

Nov/

Dec.P

100.0

81.9

89.2

87.3

71.8

84.8

78.3

81.0

81.7

81.7

81.9

82.3

83.0

83.5

86.0

\ 81.2

88.9

87.3

70.0

85.1

76.6

79.8

80.7

80.8

81.0

81.5

82.3

82.7

25.1
61.0

82.3
80.7

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

77.9 | 82.9 I 84.5
76.1
78.6
79.2

84.8
79.2

84.4
79.6

84.8
80.1

85.7
80.9

86.0
81.4

50.4
1.7
1-4
2.3

79.1
83.3
81.9
78.1

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73.8
76.8
71.7
71.0

78.2
87.1
81.0
78.1

79.8
87.8
86.0
80.3

79.9
88.6
85.9
80.4

80.6
89.2
85.9
81.6

81.4
92.0
85.9
80.8

82.5
92.2
85.9
82.0

83.4
92.5
85.4
82.0

3.1
1.9
0.1
1.2
0.0
0.1

80.0
79.6
79.2
80.8
72.6
89.2

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74.3
72.3
71.2
75.9
73.6
97.3

82.0
82.7
83.0
80.9
88.9
98.4

84.3
86.0
85.7
81.8
86.1
89.6

85.0
86.1
84.1
83.3
82.7
85.7

84.8
85.3
83.4
84.1
87.1
85.4

84.1
86.3
84.5
80.7
82.3
85.5

85.7
85.3
84.5
86.4
85.2
83.5

87.3
87.9
87.8
86.5
83.0

5.2

77.2

87.8

83.9

62.9

82.0

71.7

75.2

77.8

77.7

77.6

78.2

79.0

79.4

10.5
10.0

81.2
80.5

96.4
87.8

92.1
89.4

64.9
71.1

83.7
84.9

73.0
76.8

82.3
81.6

89.1
84.4

89.6
84.8

90.6
85.7

91.2
85.9

92.4
86.3

93.6
87.0

74.8
75.4

83.8
93.4

372-6,9
38
39

10.6
5.4
2.5
5.1
3.4
1.3

75.5
81.8
75.8

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70.1
57.9
53.6
78.1
75.1
72.9

73.3
74.9
79.0
71.5
72.9
77.6

69.0
70.0
69.8
67.9
72.0
77.0

68.7
69.7
70.5
67.5
70.9
77.0

70.0
72.8
70.8
66.9
71.2
78.1

72.6
78.4
78.4
66.2
70.9
77.5

75.0
83.4
85.7
65.8
70.8
77.8

76.8
87.3
89.6
65.3
71.1
78.2

20
22
23
26
261-3
27

35.7
8.6
1.6
2.0
3.3
1.5
5.8

83.5
82.3
86.2
81.0
89.7
92.2
86.2

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80.4
80.8
78.7
74.6
86.0
90.2
78.4

82.0
80.8
90.8 I
78.8 !
88.6
91.1 |
77.4 !

82.0
80.8
91.8
77.4
90.9
91.8
76.4

82.1
81.1
91.5
77.3
91.7
92.2
76.0

81.5
80.7
89.8
76.4
90.1
91.9
76.2

81.7
80.9
90.7
76.3
90.5
91.7
76.6

82.0
80.4
90.5
76.9
92.0
93.5
76.6

81.8
80.1
90.8
76.6
91.1

80.0
85.5
84.9
85.5
83.6
82.2

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

78.5
75.5
77.3
84.2 j
78.5 !
75.4

81.2 i
80.5
86.5
89.1
82.5
85.9

81.3
85.0
87.2
88.7
83.5
86.3

81.4
85.6
91.3
88.7
83.4
86.5

80.8
84.7
85.8
90.4
82.6
87.6

80.4
84.5
83.6
93.6
82.4
88.4

81.2

81.3

86.7
93.9
83.3
88.6

93.0
83.8
88.7

nwF"

Item

.

SIC

Total industry

I

Manufacturing
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

24
25 !
32

33
331,2
333-6,9
3331
3334

Fabricated metal products
34
Industrial and commercial
machinery and computer equip. 35
Electrical machinery
36
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

37
371

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

9.3
0.8
0.4
1.1
3.1
0.3

I
I

75.7

10
12
13
138
14

6.5
0.4
1.2
4.3
0.5
0.6

87.4
78.2
86.9
88.3
72.4
83.9

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86.8
79.5
83.1 |
87.8
54.0
77.6

87.8
83.1
83.7
90.6
68.8
78.7

86.5
87.2
77.7
89.8
64.3
79.3

85.8
77.0
73.7
90.8
70.2
80.6

87.8
83.7
79.7
91.4
72.9
80.9

88.4
92.4
80.2
91.3
72.1
80.3

87.7
88.9
77.1
91.3
70.0
81.6

88.2
89.2
79.5
91.5
70.0
80.5

491,3pt
492,3pt

7.5
5.7
1.7

86.7
88.9
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.4
87.4
68.3

88.5
90.4
82.1

88.1
91.1
78.1

88.6
91.5
78.7

86.7
88.5
80.6

86.1
87.2
82.1

86.6
88.1
81.8

87.5
89.0
82.3

I

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




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

Item

Percent change
I
Annual rate
i
December to December
I 1967- 1967- 1975| 1993 1975 1993
SIC
Ave.
Ave.
Ave. I 1989 1990 1991 1992

_ _ _ _ » „

Capacity indexes
Percent of 1987 output
1993

1992
Dec.

1993
July

Aug.

Sep.

Oct.

Nov.

Dec.

Total industry

2.8

3.7

2.3

1.9

1.8

1.6

1.5

1.6

134.4

135.7

135.9

136.0

136.2

136.4

136.6

Manufacturing

3.2

3.9

2.8

2.4

2.1

1.8

1.8

1.9

136.8

138.3

138.5

138.7

138.9

139.1

139.3

2.1
3.7

4.0
3.9

1.1
3.6

1.9
2.6

1.6
2.2

.9
2.2

.7
2.2

.9 ! 126.7 127.3
2.3 141.6 | 143.4

127.4
143.7

127.5
144.0

127.6
144.2

127.7
144.5

127.8
144.8

3.4
1.6
3.0
1.3

3.7
2.9
4.5
2.5

3.3
1.0
2.3
.7

2.4
1.0
2.7
.4

2.0
.0
2.0
.4

1.9
-1.1
.5
-.4

2.1
.3
1.1
.0

2.1
.5
1.3
.1

142.9
112.5
128.2
125.5

144.6
112.8
129.2
125.5

144.9
112.9
129.4
125.5

145.1
112.9
129.5
125.5

145.4
113.0
129.6
125.5

145.6
113.0
129.8
125.5

145.9
113.0
129.9
125.5

-.1
-.9
-1.1
1.2
-.4
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.0
-1.7
-1.8
.1
-1.4
-.5

1.4
2.1
1.7
.2
2.4
1.2

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

-.8
-1.4
-1.7
.1
.3
.6

-1.0
-1.4
-1.1
-.4
.0
.3

.0
.5
.3
-.6
1.3
.5

124.9
129.8
126.1
118.2
131.6
124.4

124.9
130.1
126,2
117.8
132.5
124.7

124.9
130.1
126.3
117.7
132.7
124.8

124.9
130.2
126.3
117.6
132.8
124.8

124.9
130.3
126.3
117.6
133.0
124.9

124.9
130.3
126.4
117.5
133.1
124.9

124.9
130.4
126.4
117.5
133.2
125.0

130.0

130.0

130.0

130.0

130.0

130.0

130.0
169.7
159.5

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

24
25
32

33
331,2
333-6,9
3331
3334

34
Fabricated metal products
Industrial and commercial
machinery and computer equip. 35
Electrical machinery
36

1.5

3.1

.8

.5

.5

.0

.0

.0

6.3
5.2

4.7
6.1

7.1
4.8

2.5
4.3

3.1
4.1

4.6
3.0

3.9
3.6

4.4
4.2

162.6 166.7
153.1. 156.8

167.3
157.3

167.9
157.9

168.5 169.1
1.58.4 158.9

37
371

2.7
3.2

3.0
4.5

2.5
2.5

372-6,9
38
39

2.0
5.2
2.1

1.3
7.6
4.4

2.4
4.1
1.0

3.0
3.2
2.0
2.7
2.9
1.4

1.5
1.8
-.1
1.2
2.2
1.9

1.9
2.9
.4
.8
1.9
1.5

2.2
4.4
4.8
.0
1.6
1.5

1.1
2.5
2.9
-.4
1.3
2.1

145.1
155.1
144.8
135.8
141.7
144.1

146.1
157.4
147.3
135.4
142.8
145.9

146.2
157.7
147.6
135.4
143.0
146.1

146.3
158.1
148.0
135.3
143.1
146.4

146.4
158.4
148.3
135.3
143.3
146.7

146.6 146.7
158.7 159.0
148.7 149.0
135.2 135.1
143.5. 143.6
146.9 147.2

20
22
23
26
261-3
27

2.9
2.5
1.9
1.2
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.1
2.2
.8
.7
2.1
2.1
3.2

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.3
1.2
.2
2.6
2.8
2.7

1.6
1.4
.8
-.5
2.1
3.0
1.3

1.3
1.5
.5
-.6
1.3
1.9
.4

1.6
1.6
.7
-.4
1.4
1.7
.8

129.3
131.4
116.8
117.5
122.2
120.9
122.3

130.4
132.6
117.2
117.3
123.2
122.1
122.8

130.6
132.8
117.3
117.3
123.3
122.3
122.9

130.8
133.0
117.4
117.2
123.5
122.4
123.0

130.9
133.2
117.4
117.2
123.6
122.6
123.1

131.1
133.3
117.5
117.2
123.7
122.8
123.2

131.3
133.5
117.6
117.1
123.9
123.0
123.3

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

3.8
6.8
4.4
1.5
5.4
-3.1

6.8
12.7
9.7
4.2
8.6
-1.5

2.4
4.0
1.8
.2
3.9
-3.8

3.6
6.4
2.5
-.7
3.8
-3.4

2.9
2.5
.8
1.0
4.0
-3.1

2.6
2.6
2.4
-1.0
3.0
-1.0

2.5
1.5
6.3
-1.3
2.5
-.8

2.7
3.0
3.2
-.8
2.9
-.5

143.8
128.9
129.1
116.1
135.0
112.5

146.0
131.2
131.5
115.5
137.2
11.2.2

146.3
131.5
131.9
115.4
137.6
112.2

146.7
131.8
132.2
115.4
137.9
112.1

147.0
132.2
132.5
115.3
138.2
112.1

147.3
132.5
132.8
115.2
138.5
112.1

147.6
132.8
133.2
115.1
138.9
112.0

10
12
13
138
14

.0
1.4
2.5
-.6
.4
.8

-.1
.7
2.5
-1.0
.8
2.6

.1
1.8
2.6
-.4
.2
.0

-2.0
10.9
2.1
-42
-9.7
.3

-1.3
4.8
2.1
-2.9
-9.5
-.2

-.6
2.3
2.1
-1.6
-5.5
-.5

-1.0
1.3
1.2
-1.9
-8.2
-.1

-.8
1.8
1.5
-1.8
-8.3
-.1 i

111.9
190.3
128.9
103.1
132.5
117.6 i

111.4
192.3
130.0
102.0
126.0
117.5

111.3
192.6
130.2
101.9
125.1
117.5

111.2
192.9
130.4
101.7
124.2
117.5

111.2
193.2
130.5
101.6
123.3
117.5

111.1
193.5
130.7
101.4
122.4
117.5

111.0
193.8
130.9
101.3
121.5
117.5

491,3pt
492,3pt

3.0
4.1
.3

6.0
7.8
2.3

1.5
2.3

.7
1.0
.1

1.8
2.4
.0

1.0
1.3
.0

1.3
1.7
.0

1 . 1 j 131.9 ! 132.8
1.4 128.7 I 129.7
.0 144.0 144.0

132.9
129.9
144.0

133.0
130.0
144.0

133.1
130.2
144.0

133.2
130.3
144.0

133.3
130.5
144.0

Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

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




-.7 I

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

Jan.

Feb.

Mar.

Apr.

May

June

Ju»y

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Industrial
Production,
Percent
Change 1
1981
1982
1983
1984
1985

-.8
-2.0
1.9
2.0
.4

.3
2.1
.0
-.1
.7

.4
-.5
.8
1.0
.3

-.9
-.6
1.2
.6
.4

.7
-.6
1.1
.7
.2

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

1.2
-.6
1.8
.4
-.3

-.1
-.5
1.4
.1
.5

-.5
-.7
1.7
-.1
.5

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

-1.1
-.3
.2
.0
.4

-.8
-.9
.5
-.6
1.0

1.5
-6.8
5.7
11.2
2.4

.4
-3.1
11.1
7.7
3.8

6.2
-6.0
17.8
4.0
.1

-8.5
-8.0
11.2
-3.4
1.2

1.9
-4.4
3.7
9.3
1.7

1986
1987
1988
1989
1990

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

-.7
1.4
.2
-.5
.5

-.9
.4
.0
.9
.3

.2
.5
.8
.0
-.7

.0
.6
-.3
-.3
.7

-.5
.9
.0
-.3
.2

.5
.4
.6
-1.0
-.2

.2
.3
.6
.5
.3

.1
-.2
-.5
-.4
.0

.7
1.3
.3
-.4
-.5

.7
.1
.6
.4
-1.3

.6
.7
.6
.7
-.4

2.4
5.5
3.8
3.9
2.1

-3.4
8.1
3.0
.3
1.1

1.3
5.2
2.9
-4.4
1.6

5.8
6.5
3.0
-.2
-5.2

.9
4.9
4.4
1.5
.0

1991
1992
1993

-.2
-.2
.3

-1.1
.8
.5

-.7
.3
.2

.1
.7
.3

.8
.3
-.2

1.0
-.6
.2

.2
.8
.3

.1
-.2
.2

.7
-.4
.3

-.2
1.2
.7

-.1
.9
.9

-.3
.5
.7

-7.2
.8
5.5

.3
4.7
2.3

5.5
.8
2.6

.3
6.7
7.5

-1.8
2.3
4.2

Industrial
Production
1981
1982
1983
1984
1985

85.2
82.4
80.8
91.0
93.1

85.4
84.2
80.7
90.9
93.8

85.7
83.7
81.3
91.9
94.1

85.0
83.2
82.3
92.4
94.5

85.6
82.7
83.2
93.0
94.7

86.1
82.4
83.7
93.5
94.4

87.1
82.0
85.3
93.9
94.1

86.9
81.6
86.5
94.0
94.5

86.5
81.0
87.9
93.9
95.0

85.8
80.3
88.6
93.2
94.2

84.8
80.0
88.8
93.3
94.6

84.1
79.3
89.2
92.8
95.6

85.5
83.4
80.9
91.3
93.6

85.5
82.8
83.1
93.0
94.5

86.8
81.5
86.6
93.9
94.6

84.9
79.8
88.9
93.1
94.8

85.7
81.9
84.9
92.8
94.4

1986
1987
1988
1989
1990

96.1
96.5
103.2
106.6
105.5

95.5
97.9
103.4
106.2
106.1

94.6
98.2
103.4
107.1
106.4

94.8
98.8
104.3
107.1
105.7

94.7
99.4
104.0
106.7
106.5

94.3
100.3
104.0
106.4
106.7

94.8
100.6
104.6
105.3
106.5

94.9
100.9
105.2
105.8
106.8

95.0
100.7
104.7
105.4
106.8

95.6
102.1
105.0
105.0
106.3

96.3
102.2
105.6
105.4
105.0

96.8
102.8
106.3
106.1
104.5

95.4
97.5
103.3
106.6
106.0

94.6
99.5
104.1
106.7
106.3

94.9
100.8
104.8
105.5
106.7

96.2
102.3
105.6
105.5
105.3

95.3
100.0
104.4
106.0
106.0

1991
1992
1993

104.4
104.5
109.3

103.2
105.3
109.9

102.5
105.6
110.1

102.6
106.3
110.4

103.3
106.7
110.2

104.4
106.0
110.5

104.5
106.8
110.8

104.6
106.6
111.0

105.3
106.2
111.4

105.1
107.5
112.1

105.0
108.4
113.2

104.7
108.9
114.0

103.3
105.1
109.7

103.4
106.3
110.4

104.8
106.5
111.1

104.9
108.3
113.1

104.1
106.5
111.0

Capacity
1981
1982
1983
1984
1985

104.3
107.8
110.7
113.3
116.0

104.6
108.1
110.9
113.5
116.2

104.9
108.3
111.1
113.7
116.5

105.2
108.6
111.3
113.9
116.8

105.5
108.8
111.6
114.2
117.1

105.8
109.0
111.8
114.4
117.3

106.1
109.3
112.0
114.6
117.6

106.4
109.5
112.2
114.8
117.9

106.7
109.8
112.4
115.0
118.2

107.0
110.0
112.6
115.3
118.4

107.3
110.2
112.8
115.5
118.7

107.6
110.5
113.1
115.7
119.0

104.6
108.1
110.9
113.5
116.2

105.5
108.8
111.6
114.2
117.1

106.4
109.5
112.2
114.8
117.9

107.3
110.2
112.8
115.5
118.7

106.0
109.2
111.9
114.5
117.5

1986
1987
1988
1989
1990

119.2
121.6
124.0
125.8
128.2

119.4
121.8
124.1
126.0
128.4

119.6
122.0
124.3
126.2
128.6

119.8
122.2
124.4
126.4
128.8

120.0
122.4
124.6
126.6
129.0

120.2
122.6
124.7
126.8
129.2

120.4
122.8
124.9
127.0
129.4

120.6
123.0
125.0
127.2
129.6

120.8
123.2
125.2
127.4
129.8

121.0
123.4
125.3
127.6
129.9

121.2
123.6
125.5
127.8
130.1

121.4
123.8
125.6
128.0
130.3

119.4
121.8
124.1
126.0
128.4

120.0
122.4
124.6
126.6
129.0

120.6
123.0
125.0
127.2
129.6

121.2
123.6
125.5
127.8
130.1

120.3
122.7
124.8
126.9
129.3

1991
1992
1993

130.5
132.5
134.6

130.7
132.7
134.8

130.8
132.9
134.9

131.0
133.1
135.1

131.2
133.2
135.3

131.4
133.4
135.5

131.5
133.6
135.7

131.7
133.7
135.9

131.9
133.9
136.0

132.0
134.1
136.2

132.2
134.2
136.4

132.4
134.4
136.6

130.7
132.7
134.8

131.2
133.2
135.3

131.7
133.7
135.9

132.2
134.2
136.4

131.4
133.5
135.6

81.6
76.4
73.0
80.4
80.3

81.7
77.9
72.8
80.1
80.7

81.7
77.3
73.2
80.8
80.7

80.7
76.7
73.9
81.1
80.9

81.1
76.0
74.6
81.5
80.9

81.3
75.6
74.9
81.8
80.5

82.1
75.0
76.1
81.9
80.0

81.7
74.5
77.1
81.8
80.2

81.1
73.8
78.2
81.6
80.4

80.2
73.0
78.7
80.9
79.6

79.1
72.6
78.7
80.8
79.7

78.2
71.8
78.9
80.2
80.4

81.7
77.2
73.0
80.4
80.6

81.1
76.1
74.5
81.4
80.7

81.6
74.4
77.2
81.8
80.2

79.2
72.4
78.8
80.6
79.9

80.9
75.0
75.8
81.1
80.3

1986
1987
1988
1989
1990

80.6
79.3
83.2
84.8
82.3

79.9
80.3
83.3
84.3
82.6

79.1
80.5
83.2
84.8
82.8

79.1
80.8
83.8
84.7
82.1

78.9
81.2
83.5
84.3
82.5

78.4
81.8
83.4
83.9
82.6

78.7
81.9
83.8
82.9
82.3

78.7
82.0
84.2
83.2
82.4

78.7
81.8
83.6
82.7
82.3

79.1
82.7
83.8
82.3
81.8

79.4
82.7
84.2
82.4
80.7

79.8
83.1
84.6
82.8
80.2

79.9
80.1
83.2
84.6
82.6

78.8
81.3
83.6
84.3
82.4

78.7
81.9
83.9
82.9
82.4

79.4
82.8
84.2
82.5
80.9

79.2
81.5
83.7.
83.6
82.1

1991
1992
1993

80.0
78.8
81.2

78.9
79.3
81.5

78.3
79.5
81.6

78.3
79.9
81.7

78.8
80.1
81.5

79.5
79.5
81.5

79.5
80.0
81.7

79.4
79.7
81.7

79.9
79.3
81.9

79.6
80.2
82.3

79.4
80.8
83.0

79.1
81.0
83.5

79.1
79.2
81.4

78.8
79.8
81.6

79.6
79.7
81.8

79.4
80.7
82.9

79.2
79.8
81.9

Utilization
1981
1982
1983
1984
1985

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




10

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

July

Aug-

Sep.

Oct.

Nov.

Dec. I

1.0
.4
.3

.7
-.2
1.4
.5
.6

-.2
.0
.8
.6
-.5

.8
-.6
1.5
.4
-.2

-.6
-.6
1.3
.2
.8

-.5
-.6
2.2
-.1
.2

-1.1
-.9
.8
.0
-.7

-1.0
-.4
.5
.0
1.3

2.9
-1.4 j
-4.9
-.5
10.4
.1
-.4
13.3
.1
1.7

.9
.4
.7
.2
-.9

.0
.7
-.1
-.5
.5

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

.6
.4
.5
-1.2
-.3

.5
.0
.4
.4
.5

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

.7
1.0
.1
-.5
-.6

.5
.4
.9
.3
-1.2

1.0
.6
.6
.2
-.5

.6
.3

.7
.4
.6

.4
.5
-.1

1.1
-.5
.0

.2
.5
.3

.3
-.1
.3

1.0
-.2
.4

-.2
1.1
.8

-.2
.8
1.1

80.5
78.8
76.5
87.6
90.4

80.6
78.2
77.6
88.3
91.1

80.5
77.4
78.3
88.7
91.4

81.0
77.3
79.4
89.1
92.0

80.9
77.2
80.0
89.7
91.5

81.5
76.8
81.2
90.1
91.3

81.1
76.4
82.3
90.3
92.0

80.6
75.9
84.1
90.2
92.3

79.7
75.2
84.7
90.2
91.6

94.0
96.2
103.2
107.7
105.5

93.6
97.8
103.4
106.7
106.5

92.7
98.3
103.6
107.3
107.0-

93.5
98.7
104.3
107.6
106.0

93.6
99.4
104.2
107.1
106.6

93.3
100.3
104.2
106.8
106.6

93.9
100.7
104.7
105.5
106.3

94.4
100.7
105.1
106.0
106.9

94.6
100.9
105.2
105.6
106.8

1991
1992
1993

103.8
104.5
109.9

102.6
105.4
110.5

101.6
106.1
110.8

102.2
106.5
111.4

102.7
107.1
111.3

103.8
106.5
111.3

104.0
107.1
111.6

104.3
107.0
111.9

Capacity
1981
1982
1983
1984
1985

100.2
103.9
106.7
109.4
113.1

100.5
104.2
106.9
109.7
113.4

100.9
104.4
107.2
110.0
113.8

101.2
104.6
107.4
110.3
114.2

101.5
104.9
107.6
110.6
114.6

101.8
105.1
107.8
110.9
115.0

102.1
105.3
108.0
111.2
115.3

1986
1987
1988
1989
1990

117.6
121.2
124.2
126.6
129.6

117.9
121.5
124.4
126.9
129.8

118.2
121.7
124.6
127.1
130.0

118.5
121.9
124.8
127.4
130.3

118.8
122.2
125.0
127.6
130.5

119.1
122.4
125.2
127.9
130.7

1991
1992
1993

132.2
134.6
137.0

132.4
134.8
137.2

132.6
135.0
137.4

132.8
135.2
137.6

133.0
135.4
137.8

79.8
73.7
71.4
79.6
79.5

80.0
75.6
71.5
79.9
79.7

79.9
74.9
72.4
80.3
80.0

79.6
74.0
73.0
80.4
80.0

1986
1987
1988
1989
1990

80.0
79.3
83.1
85.1
81.4

79.4
80.5
83.1
84.1
82.0

78.5
80.7
83.1
84.5
82.3

1991
1992
1993

78.5
77.6
80.3

77.5
78.2
80.5

76.6
78.6
80.6

Jan.

Feb.

Mar.

industrial
Production,
Percent
Change1
1981
! ~-5
1982
-1.6
1983
2.2
1984
2.3
.1
1985

.6
2.9
.4
.6
.6

.2
-.7
1.4
.9
.7

1986
1987
1988
1989
1990

1.3
-.6
.2
.8
-.1

-.4
1.7
.1
-.9
.9

-1.0

1991
1992
1993

-.6
-.2
.7

-1.1

-1.0

.9
.5

Industrial
Production
1981
1982
1983
1984
1985

80.0
76.6
76.2
87.1
89.9

1986
1987
1988
1989
1990

Year

Utilization
1981
1982
1983
1984
1985

.5
.2
.6
.4

• APA-_ M § X «

-.1

Q2

Q3

Q4

-10.6
-7.5
12.5
-.3.

2.2

1.4

-2.8
13.8

-4.8
17.5

6.9
5.1

4.7
1.0

4.6
6.3
3.6
4.3
3.7

.1
8.6
3.3
-.3
.2

-.1
.3
.7

-9.1

2.0
6.4

78.9
74.9
85.1
90.2
92.8

77.9
74.5
85.2
89.8
92.8

95.3
102.0
105.3
105.1
106.2

95.8
102.4
106.2
105.4
104.9

105.2
106.8
112.3

105.0
108.0
113.2

102.4
105.6
108.3
111.5
115.7

102.7
105.8
108.5
111.8
116.1

119.3
122.7
125.4
128.1
130.9

119.6
122.9
125.6
128.4
131.2

133.2
135.6
138.0

133.4
135.8
138.3

79.8
73.7
73.8
80.6
80.3

79.5
73.5
74.2
80.9
79.6

79.0
81.0
83.7
84.6
81.4

78.8
81.3
83.4
83.9
81.6

77.0
78.8
80.9

77.2
79.1
80.7

-1.0

Annua?

1.9
»4.8

5.6
10.4

2.4

2.6

3.5
5.6
3.0

7.2
6.8
4.4

-5.3

1.0

-1.3
-5.5

2.9
6.0
4.7
1.6
-.3

.9
5,3
3.4

6.3
1.1
2.3

1.2
6.5
8.7

-2.2
•3.1

80.4
77.9
76.8
87.7
90.5

80.8
77.3
79.3
89.2
91.6

81.1
76.4
82.5
90.2
91.9

78.8
74.9
85.0
90.1
92.4

80.3
76.6
80.9
89.3
91.8

96.7
103.0
106.8
105.6
104.4

93.5
97.4
103.4
107.2
106.3

93.5
99.4
104.2
107.2
106.4

94.3
100.8
105,0
105,7
106.6

95.9
102.5
106.1
105.4
105.1

94.3
100.0
104.7
106.4
106.1

104.8
108.9
114.5

104.6
109.2
115.3

102.7
105.3
110.4

102.9
106.7
111.3

104.5
107.0
111.9

104.8
108.7
114.3

103,7
106.9
111.9

103.0
106.0
108.7
112.1
116.5

103.3
106.3
108.9
112.4
116.9

103.7
106.5
109.1
112.7
117.2

100.5
104.2
106.9
109.7
113.4

101.5
104.9
107„6
110.6
114.6

102 4
105,6
108.3
111.5
115.7

103.3
106.3
108.9
112.4
116.9

101.9
105.2
107.9
111.1
115,2

119.9
123.2
125.8
128.6
131.4

120.2
123.4
126.0
128.9
131.6

120.5
123.7
126.2
129.1
131.8

120.8
123.9
126.4
129.4
132.0

117.9
121.5
124.4
126.9
129.8

118.8
122.2
125.0
127.6
130.5

119.6
122.9
125.6
128.4
131.2

120.5
123.7
126.2
129.1
131.8

119.2
122.6
125.3
128.0
130.8

133.6
136.0
138.5

133.8
136.2
138.7

134.0
136.4
138.9

134.2
136.6
139.1

134.4
136.8
139.3

132.4
134.8
137.2

133.0
135.4
137.8

133.6
136.0
138.5

134.2
136.6
139.1

133.3
135.7
138.1

79.9
72.9
75.2
81.0
79.2

79.1
72.3
76.0
80.9
79.5

78.5
71.7
77.5
80.7
79.5

77.4
70.9
77.9
80.5
78.6

76.4
70.5
78.1
80.3
79.4

75.1
70.0
78.0
79.7
79.2

79.9
74.7
71.8
79.9
79.8

79.6
73.7
73.7
80.6
80.0

79.2
72.3
76.2
80.9
79.4

76.3 j
70.5 !
78.0
80.2
79.1

78.8
72.8
74.9
80.4
79.5

78.4
81.9
83.2
83.5
81.5

78.7
82.1
83.5
82.4
81.2

78.9
81.9
83.7
82.6
81.5

78.9
81.9
83.6
82.1
81.3

79.3
82.6
83.6
81.5
80.7

79.5
82.8
84.2
81.6
79.6

80.0
83.1
84.5
81.6
79.0

79.3
80.2
83.1
84.5
81.9

78.7
81.4
83.4
84.0
81.5

78.8
82.0
83.6
82.4
81.3

79.6
82.8
84.1
81.6
79.8

79.1
81.6
83.6
83.1
81.1

77.9
78.6
80.6

77.9
78.9
80.7

78.0
78.7
80.8

78.6
78.4
81.0

78.4
79.2
81.5

78.0
79.7
82.3

77.9
79.8
82.7

77.5
78.1
80.5

77.4
78.8
80.8

78.2
78.7
80.8

78.1
79.6
82.2

77.8
78.8
81.1

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




Q1

11

4.7

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
i
Item
Metal mining
Iron ore
Nonferrous ores
Copper

Proportion
intotallP

|

""
'Seasonally adjusted

M993
1982 I June

AUQ.

^3§&L

Oct/

Nov/

169.3
148.7
178.4 I 173.5
145.4

166.4
151.2
169.4
138.6

153.1
76.5
168.4
142.0

163.7
110.9
174.2
145.4

173.0
129.3
181.8
150.1

170.2

100.7

105.6

93.5

102.8

107.5

108.5

103.8

92.7
92.0
80.9
111.3
112.9
88.9

92.6
92.2
82.5
108.9
112.1
85.7

90.8
91.3
80.5
109.8
112.5
76.1

89.3
89.0
79.2
106.0
111.3
80.9

89.8
88.8
80.3
103.5
112.1
87.1

91.3
89.9
79.9
107.3
110.5
92.8

93.5
92.3
81.4
111.1
113.7
94.2

95.0
93.9
82.6
113.4
114.6
95.0

95.0

94.3

95.9

98.5

100.1

102.4

100.9

100.3

97.1

109.2
121.0
104.8
115.1
149.4
87.4
110.9
105.1
125.1
106.7
152.5
96.4

108.6
111.8
99.3
107.3
134.0
77.5
105.4
86.3
118.0
98.0
147.6
93.2

114.5
119.7
105.5
116.1
143.2
82.5
99.3
80.0
115.7
80.1
142.2
90.3

114.3
120.4
103.6
120.2
144.6
80.8
95.0
81.0
116.5
72.7
120.2
88.8

113.6
122.3
103.3
125.7
146.0
79.2
95.3
94.6
121.4
79.1
103.6
88.0

107.5
117.6
96.6
126.0
139.0
80.8
92.9
96.1
121.7
74.6
90.1
87.5

124.5
103.2
100.5
92.5
113.2
111.6
121.6
114.9
107.1
75.2

141.0
109.2
101.9
100.6
120.4
116.1
124.2
119.8
113.1
92.4

148.0
110.1
102.5
109.7
124.7
110.0
108.5
115.3
107.5
91.9

142.1
110.4
96.4
126.3
131.9
106.3

124.0
109.1
89.3
124.5
132.6
99.8

108.0
106.7
96.5

101.2
104.1
98.3

Sep/

Oct/

Nov/

.51 164.4 167.7
.06 135.9 145.6
.44 I 169.9 172.1
.12 ! 142.2 138.0

148.2
74.8
163.0
140.3

161.5
109.8
171.9
143.5

178.5
137.5
186.9
148.8

172.0

101.0

95.9

103.9

104.7

93.1
93.2
81.2
114.0
113.3
82.4

91.6
91.6
80.0
111.9
112.8
81.0

92.4
91.7
81.5
109.5
113.4
87.8

93.0
92.1
80.5
112.4
112.3
90.5

94.7

10
101
102^,8,9
102

.33
.06
.28
.09

12

1.23

1.22

106.7

5.79
13
131 ! 4.91
3.12
1.80
132
.29
138
.58

5.03
4.31
2.51
1.80
.30
.43

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

July

Aug.

1987

" ^ ~
Not seasonally adjusted

I 1993
June

July

SIC

Coal mining

Index. 1987^100

178.9

14

.67

.59

91.7

93.2

20
201

202
2021
2022
2023
2024
2026

8.80
1.00
.40
.28
.31
.02
.86
.01
.19
.17
.09
.39

8.76
1.07
.36
.32
.38
.01
.82
.01
.21
.15
.10
.34

107.1
120.3
99.4
124.8
144.6
92.5
102.7
115.3
120.3
94.7
119.9
93.4

107.2
116.2
98.6
123.0
134.2
85.5
103.7
112.4
121.1
98.5
120.1
93.5

107.8 107.3
117.6 117.8
100.1 99.6
122.0 117.5
137.8 143.7
86.9
80.8
101.5 100.9
107.6 102.5
119.4 120.2
91.5
91.5
121.3 118.3
92.4
91.6

107.8
115.5
98.4
118.6
136.9
74.9
103.1
104.9
123.5
97.7
119.2
91.8

107.2
116.8
99.6
116.4
141.4
78.9
100.3
100.5
123.4
88.2
115.1
91.1

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

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

1.37
1.10
.93
.63
.26
1.62
.56 !
.84 |
.97!
.16

122.9
104.0
92.1
104.3
123.7
104.9
113.8
103.3
101.4
83.9

122.1
104.8
93.3
105.2
120.7
104.0
110.9
103.7
104.1
97.0

121.1
106.5
92.5
105.1
125.4
106.3
116.6
104.3
105.3
93.0

121.4
106.3
93.1
103.5
126.3
103.8
109.7
104.4
104.1
90.7

121.4
107.7
92.8
104.0
126.0
104.5

122.1
106.9
91.5
104.9
126.5
104.4

104.3
106.4
97.0

119.2
104.9
96.5
93.4
122.2
113.8
126.9
103.7 110.6
104.0 101.5
90.0 I 74.8

21

1.03

.96

89.1

91.5

92.7

85.8

88.2

89.1 | 96.7

76.1

98.3

91.8

97.2

87.3

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

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

1.82
.52
.45
.04
.48
.35
.15
.20
.47
.26

107.1
108.0
109.5
101.9
114.3
116.1
93.2
105.4
105.6
101.2

107.7
108.3
109.4
102.1
112.8
114.3
97.4
107.2
105.4
101.4

107.4
107.6
108.4
100.4
112.3
113.9
96.1
106.5
107.1
103.1

105.4
102.3
102.1
99.9
113.1
114.6
89.0
102.4
108.5
103.4

106.6
103.1
103.4
98.1
113.8
115.1
90.0
104.4
109.5
105.2

106.3 i
105.1
105.8
99.0
114.3
115.2 I
89.3
103.0
108.2
100.5

111.7
109.5
110.4
103.8
125.8
129.3
95.8
108.7
108.0
104.2

104.0
99.8
99.8
97.9
114.6
117.9
86.5
111.6
101.4
95.6

111.4
108.8
110.4
100.8
123.1
131.4
98.8
107.7
109.5
106.1

109.5
102.1
102.9
100.3
125.7
131.8
90.0
105.2
111.1
106.2

111.2
105.9
107.8
97.9
122.1
120.4
93.2
112.9
112.3
109.3

104.2
103.2
104.3
99.8
109.7
110.3
88.5
104.6
105.6
95.8

23

2.33

2.02

91.1

90.7

90.6

89.6

89.4

90.0

93.2

89.4

93.3

92.5

91.2

90.7

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

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

1.87
96.5
.74
88.5
.21
73.4
1.14 102.3
.60
89.9
.16 ! 85.8
.17 113.6

99.1
92.8
74.7
103.5
90.9
85.8
118.5

99.9
94.0
75.3
104.2
92.5
86.0
116.2

100.7
92.4
78.0
106.4
94.8
87.0
120.6

104.0
98.1
73.5
108.0
95.6
86.2
127.7

104.2
95.7
75.7
110.2
96.5
85.9
138.4

100.9
92.3
75.8
106.9
93.1
86.6
129.4

98.6
91.4
79.0
103.6
93.7
83.9
114.2

104.6
97.2
80.6
109.7
96.6
88.7
136.3

104.1
95.6
82.5
109.9
96.9
89.8
134.3

107.7
102.2
80.8
111.5
97.9
91.4
142.0

101.8
92.4
75.6
108.3
96.4
85.5
128.6

Stone and earth minerals
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
Tobacco products

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




12

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

.

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

Proportion
in total IP

f 1993
June _ July

Aug.

Sep/

Index. 1987 = 100
i
Not seasonally adjusted
1993
Aug. ™Sesi. Oct/
Oct/ Nov/ i June
July

109.5
110.4

111.1
110.8

111.1
108.9

111.3
108.9

111.4
110.2

111.5
110.4

111.3
113.7

106.6
101.0

116.7
114.2

117.3
114.0

114.2
113.5

111.7
110.2

3.71 114.2
1.73 115.1
.17 107.0
1.04 116.0
.52 115.8
1.98 113.4
.74 ! 115.0
1.23 j 112.5

112.0
112.1
103.3
113.1
113.0
111.8
116.6
109.1

113.1
112.7
105.0
114.1
112.5
113.3
118.9
110.2

111.2
112.5
107.0
112.2
114.9
110.2
116.7
106.6

111.8
112.4

109.9
110.5
105.8
110.5
112.1
109.4
116.5
105.4

114.1 112.2
113.0 113.1
103.3 105.6
114.4 113.3
1.13.3 115.3
115.0 111.5
122.2 119.1
111.0 107.2

115.8
114.0

113.2
115.3

112.4
114.1
111.3
120.5
106.1

113.8 114.7
114.8 I 115.5
106.9
114.5 j 116.0
118.2 117.2
113.4 114.1
122.4 ! 117.6
108.3 112.2

115.0
114.2
117.2
132.3
108.8

116.2
117.1
111.3
115.3
109.1

94.4 ! 96.1
79.9
80.7
97.6
99,2
100.9 103.3

96.3
74.6
98.4
107.8

99.1
77.8
97.2
112.9

99.4: 97.2
81.5
85.6
96.9
96.5
111.5 104.4

94.5
86.4
96.3
98.2

SIC

1987

1992

25
251

1.47
.69

1.36
.65

3.65
26
261-3
1.68
261
.16
262 I 1.01
263 | .50
265,7
1.97
265
.71
267
1.26

I
Seasonallvadiusted

Nov/

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

6.51
1.76
1.79
2.97

5.81 ! 94.5
1.36
80.4
1.67 100.4
2.78
98.7

93.8
79.9
99.2
98.8

93.4
79.2
97.8
99.2

93.8
79.2
99.4
99.0

94.3
79.9
99.2
99.8

28

8.76

9.46

119.1

118.7

119.1

118.5

118.1

119.6

123.0

123.1

124.7

125.2

119.5

116.4

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.97
.98
.05
.11
.69
.41

120.7
128.5
106.9
116.9
131.2
132.5

119.3
126.3
106.3
108.3
130.6
135.7

120.4
124.6
110.6
118.1
126.4
137.3

119.0
123.6
104.0
110.5
127.1
137.4

119.8
126.5
108.6
110.3
130.8

121.3
130.5
110.0
124.3
134.0

122.0
130.9
107.7
119.4
134.1
136.6

118.6
124.7
109.7
108.2
128.0
132.6

119.7
126.5
110.8
113.3
130.2
142.8

121.4
125.6
105.4
112.0
129.7
141.7

120.3
125.0
107.6
105.6
129.9

121.1
127.5
108.1
117.0
130.9

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.66

116.2
113.4
117.8
120.4

114.2
111.5
114.7
119.9

116.6
112.6
120.3
121.3

113.3
111.6
113.4
121.3

112.7
111.6
110.8
122.1

114.7

113.4
110.7
115.3
119.8

114.6
111.1
118.1
120.4

116.1
114.2
116.1
123.7

116.0
114.3
115.3
121.4

115.0

115.2
122.0

117.6
114.1
121.4
121.0

114.7
122.9

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.95
2.47
1.54
.40
.53

116.4
135.5
106.8
92.1
129.2

117.3
138.0
105.6
91.2
130.3

117.0
139.9
102.9
90.6
129.1

117.1
139.1
104.4
90.2
127.9

115.8
137.2
104.5
90.1
128.3

117.1
139.2
104.8
90.4
131.4

123.3
145.1
110.5
105.9
128.9

126.2
150.4
113.6
98.3
127.3

128.4
155.7
111.8
99.5
127.0

127.8
156.5
111.3
95.2
129.0

117.9
141.0
105.3
90.4
128.4

111.2
131.9
101.4
77.5
131,-8

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

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

1.28
1.10
.22
.21
.05
.10
.53
.18

103.9
105.4
102.0
112.7
90.8
116.2
103.4
95.6

102.5
104.1
103.2
114.4
91.0
105.4
101.5
94.3

102.4
103.2
107.7
112.6
86.4
96.2
100.8
97.7

104.3
105.7
103.9
115.8
99.0
94.2
105.6
96.8

107.9
110.6
111.1
122.8
103.2
94.1
109.7
93.4

108.2
110.6
107.5
122.2
92.4
95.5
112.3
95.7

108.9
109.8
117.1
113.4
90.0
110.9
107.1
103.6

109.0
109.9
120.7
116.8
85.9
106.4
105.7
104.3

108.3 109.5
108.5 109.9
123.3 117.7
113.1 117,5
84.2
92.9
98.0
97.9
104.9 107.7
107.6 107,5

109.4
110.1
112.1125.9
94.8
97.0
107.4
105.2

109.6
110.5
98.5
127.8
93.4
100.1
112.8
104.6

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

3.21
.40
.56
2.25

3.31
.45
.54
2.31

112.8
125.2
103.5
113.0

114.7
129.9
105.0
114.3

114.8
131.8
104.6
114.4

113.9
124.7
103.3
114.6

113.9
128.3
102.7
114.0

115.4
128.8
104.5
115.8

115.2
127.0
107.7
115.0

110.1
109.6
103.9
111.7

115.4
133.5
107.9
114.1

115.0 116.5
128.8 137.7
106.9 106.1
114.5- 11-5.3

115.3
121.7
105.2
116.7

31
314

.32
.16

.28
.13

97.0
91.7

96.8
92.2

97.0
94.4

98.2
96.4

99.1
98.5

99.3
98.1

100.3
95.4

93.6
91.5

99.8
97.9

100.4
98.1

101.0
99.0

1.01.5
99.3

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

2.41
.37
.20
.17
.13
1.43

2.17 i
.35
.18
.14
.11
1.25

100.5
104.5
94.8
96.2
106.4
97.8

100.8
105.3
98.0
97.5
95.9
98.4

100.9
101.1
92.3
99.5
89.9
99.2

102.4
104.1
96.1
97.7
88.4
100.6

101.4
100.6
91.7
100.8
90.9
99.2

102.9 I 103.6
103.8 107.7
96.8 100.4
116.2
93.1 109.2
100.5 99.0

102.0
108.4
102.1
112.1
90.6
98.7

105.1
105.7
97.7
120.8
94.7
101.6

105.2
104.3
95.4
116.4
93.2
102.1

106.1
104.8
96.5
121.3
97.4
102.5

103.7
100.8
90.0

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

Leather and products
Shoes




13

96.1
101.9

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

_ _ _ _

SIC

1987

1992

1993
June

^luly

Aug.

Sep/

Index. 1987=100
~
—
—
" l
Not seasonallvadiusted
~
1993
Oct/ Nov/ June —JMbL,—Aufl^_^§QL, _QCLL Nov/

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

33
331,2
331

3.33
1.93
1.48
I .35
I .20
.10

3.16
1.90
1.49
.34
.20
.10

105.7
110.9
115.3
105.9
110.1
106.8

105.3
111.9
116.6
106.6
110.0
108.2

106.2
112.1
117.2
106.2
110.0
106.2

106.0
111.1
115.1
105.6
109.2
105.3

105.0
112.4
117.0
108.5
113.6
106.7

107.1
111.1
114.5
104.1
105.7
106.8

107.3
112.7
116.5
105.5
109.5
107.2

102.9
110.0
115.1
105.5
110.2
104.6

104.8
110.1
115.3
105.2
109.7
103.6

107.8
113.4
117.5
105.9
109.9
104.8

106.4
113.8
117.7
108.8
113.3
107.9

106.8
111.6
114.6
103.7
106.2
104.0

1.15
.18
.12
.12
.05
.68
.41

118.2
112.2
103.5
126.0
97.7
123.8
96.0

119.8
103.2
106.8
126.8
111.9
127.2
96.5

120.7
112.9
104.2
124.9
101.5
127.9
95.0

118.1
109.7
105.9
126.4
100.3
123.6
97.9

119.7
111.6
105.6
127.0
92.8
126.5
97.5

117.7
116.7
104.4
126.5
104.7
120.6
100.0

119.9
115.7
102.3
127.7
106.3
124.9
100.2

118.1
90.2
100.1
130.2
117.6
128.6
93.1

118.4
111.1
99.4
128.8
105.1
124.3
93.0

121.0
115.4
104.4
132.1
100.4
126.4
100.1

120.5
121.1
103.3
131.7
86.6
125.3
100.8

118.0
120.0
102.5
129.5
100.4
120.3
102.0

Proportion
in total-IP
item

Seasonallvadiusted

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

332

1.1.3
.19
.14
.12
.06
.62
.45

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.40
.22
.03
.14

1.27
.24
.03
.16

98.5
121.0
125.8
114.2

96.3
108.6
114.1
111.8

98.0
109.3
109.8
106.9

98.9
117.1
115.6
106.6

94.9
112.8
109.4
106.8

101.6
111.8
113.4
104.3

100.0
118.3
122.7
114.4

93.1
106.2
109.1
111.2

97.6
107.7
112.1
106.1

100.1
116.8
119.6
105.7

96.3
114.6
112.9
106.6

100.2
112.2
117.8
104.4

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.99
.75
.24
.25

.82
.61
.22
.21

91.3
91.2
92.8
91.9

91.3
91.3
102.1
91.4

92.9
93.0
100.0
92.6

92.9
92.2
108.1
94.9

87.8
85.2
86.7
95.6

97.1
97.0
109.2
97.5

93.3
93.3
96.9
93.3

88.4
88.7
101.5
87.5

92.5
93.1
100.6
90.9

93.9
94.1
106.5
93.2

88.9
86.5
87.7
96.1

94.8
93.7
99.5
98.1

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

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

4.92
.31
.28
.50
.45
1.19
2.73
1.50

100.1
107.0
107.4
93.9
92.5
96.5
102.5
106.2

101.2
110.2
110.5
94.4
93.2
96.9
103.7
107.9

101.0
109.8
109.9
94.9
93.7
97.5
103.3
107.1

100.9
107.1
106.9
94.3
93.5
98.9
102.8
107.0

101.6
116.5
117.4
94.3
93.4
99.5
102.8
107.1

102.7
113.7

102.8
126.8
128.7
96.3
95.2
97.7
104.4
109.8

100.8
120.5
121.4
94.5
93.6
98.2
101.4
106.3

103.1
125.3
126.6
98.1
97.2
100.0
103.5
108.8

103.1
114.5
115.1
98.5
98.2
99.9
104.2
110.5

103.4
105.4
105.6
97.5
96.8
101.9
105.2
111.2

102.9
98.9
95.1
93.7
101.8
105.7
111.1

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

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

10.01 145.4 148.5 149.9
.51 112.6 114.6 112.0
.46 136.7 137.1 141.8
.78 112.1 114.9 114.0
1.02 118.2 120.0 119.8
.70 113.9 115.6 117.7
1.04 116.8 117.7 116.5
.29
98.7 101.7 100.3
.75 125.5 125.4 124.3
3.69 221.0 226.5 232.0
.79 108.2 111.3 111.4
1.02 123.6 127.0 127.1

152.1
117.2
141.8
116.1
119.0
118.9
114.9
98.0
123.1
237.1
113.9
128.4

153.7
115.7
145.0
116.9
119.3
118.4
113.9
98.9
121.0
241.8
117.3
128.3

156.2 150.0
116.0 111.1
142.9 136.9
116.1 112.7
120.8 121.4
121.6 113.8
113.8 119.1
97.3
98.9
121.7 128.8
247.9 230.4
120.8 118.8
130.6 127.5

151.5
113.6
124.3
113.8
123.8
111.9
118.6
97.9
128.5
234.2
119.6
133.2

157.4
109.5
131.3
112.9
127.2
114.9
118.6
96.9
128.9
253.1
116.4
136.9

155.9
115.3
131.8
114.8
127.0
116.3
119.1
97.0
129.6
244.5
119.0
136.1

156.0
116.2
138.4
116.4
121.3
118.0
114.9
97.6
123.2
250.5
114.6
130.2

153.2
118.9
140.4
116.5
118.6
123.1
112.7
98.8
119.4
241.4
112.8
127.7

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

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

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

7.79
.95
.30
.54
.08
.11
.10
.24
.10
.08

130.1
106.9
93.3
111.6
96.8
105.4
112.8
119.5
113.3
100.3

132.3
106.4
95.9
118.0
100.5
111.9
135.3
120.1
116.2
107.2

133.5
108.2
98.7
111.9
88.1
118.5
113.5
117.5
119.4
100.7

135.2
107.9
97.8
116.5
93.6
125.2
117.7
120.9
124.1
104.1

136.0
107.1
96.5
120.8
98.8
129.4
124.1
123.9
124.9
110.2

137.2
106.8
96.5
124.5
102.5
123.2
141.6
126.3
123.9
114.9

131.0
110.9
98.0
115.4
88.4
125.9
120.4
119.1
114.0
107.4

128.4
110.1
98.1
104.2
80.8
113.6
94.1
113.4
110.5
88.1

134.3
113.2
105.8
112.6
94.8
98.0
119.0
123.1
121.9
99.6

136.9
112.4
103.9
120.6
96.3
125.5
121.3
127.4
128.3
106.8

138.2
107.8
98.4
130.8
122.9
131.9
133.8
132.0
136.0
122.8

138.8
104.9
93.5
119.4
109.7
104.6
131.2
124.6
135.0
106.1

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

365
366
367
369
3691

.22
1.44
2.23
.78
.12

.26
1.61
2.95
.82
.10

139.5
127.2
161.2
116.2
86.0

172.0
127.6
163.2
117.3
91.3

168.5
127.2
167.5
115.8
89.6

162.2
127.9
171.9
117.1
91.8

159.3
125.9
175.1
117.4
90.3

160.1
127.9
177.0
116.5
86.4

140.3
124.9
161.7
115.4
84.7

132.6
124.1
159.7
112.1
85.4

185.0
126.5
166.6
117.4
102.0

184.6
126.4
170.2
120.4
114.8

174.6
126.6
175.2
121.8
107.7

172.1
130.2
179.4
122.1
102.1

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

37
371

3714
3716

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

9.54
4.72
1.39
1.40
1.32
.75
.57
1.89
.04

102.6
114.3
95.0
138.4
139.7
142.3
136.4
115.8
91.4

100.8
110.1
88.9
133.4
133.6
138.6
127.4
113.7
97.1

100.4
110.0
81.7
141.6
142.9
146.7
138.2
114.1
100.1

102.4
115.0
85.7
149.5
150.8
153.9
147.0
118.5
97.4

106.3
124.1
96.8
161.3
163.3
166.4
159.4
123.8
113.2

110.0
132.3
108.5
168.9
171.8
176.0
166.5
130.1
103.0

108.5
126.3
109.8
162.3
164.9
168.8
160.0
118.2
92.1

88.1
86.8
58.1
91.2
89.4
91.3
87.1
108.2
97.4

99.6
110.6
82.6
143.8
144.8
148.5
140.2
113.4
97.7

103.6
118.2
88.4
157.2
158.6
163.3
152.9
119.2
95.3

111.6
134.8
112.2
182.4
185.4
191.3
178.2
124.1
117.9

109.8
130.9
107.7
164.7
167.6
172.6
161.4
130.1
85.8

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

5.11
2.95
.55
1.61

4.82
2.99
.49
1.34

91.8
95.3
90.6
85.6

92.0
95.5
91.1
85.8

91.3
94.8
91.8
84.9

90.5
94.3
90.9
83.4

89.5
92.6
89.8
83.8

89.0
90.6
93.2
84.8

91.7
95.4
89.9
85.6

89.3
91.9
89.6
84.4

89.4
92.4
89.6
83.6

89.9
93.6
89.7
83.1

89.8
92.0
90.8
85.3

90.0
91.4
94.2
86.0

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




I
i
!

14

95.3
94.3
99.6
104.5
109.8

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
~
"
Seasonallvadiusted

Proportion
in total IP
SIC

1987

1992

1993
June

38
381-4
384

5.13
4.07
1.06

5.02
4.01
1.34

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.26
.65
.61

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

Item
Instruments
Scientific and medical
Medical instruments

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

492,3pt

Fndex. 1987 = 100
Not seasonsillv adjusted

Julv

Aua.

SeD.r

Oct.r

Nov.r

1993
June

Julv

Aua.

Seo/

Oct.r

Nov/

102.5
103.7
144.1

102.8
104.0
146.5

101.3
102.3
141.1

102.0
102.5
143.6

101.7
102.4
143.0

101.5
102.3
143.0

103.7
104.9
149.2

103.6
105.0
155.6

103.2
104.7
153.8

103.8
105.2
154.7

102.7
103.9
149.4

101,5
102.1
140.5

1.30
.66
.63

112.1
110.4
113.6

112.3
110.0
114.8

112.5
109.9
115.2

114.3
111.5
117.4

113.7
111.0
116.7

114.3
112.1
116.7

112.6
110.4
115.1

109.2
104.2
114.4

113.8
109.8
118.0

116.0
113.3
118.9

118.0
116.8
119.4

118.2
118.0
118.3

6.07
2.57
1.46
1.11

6.36
2.69
1.42
1.26

115.6
115.7
105.8
128.8

118.1
117.1
111.8
124.1

118.9
116.5
114.2
119.5

115.1
113.0
106.3
121.8

113.6
110.9
106.7
116.5

114.8
112.6

118.3
122.1
111.1
136.7

131.7
130.2
127.6
133.7

132.2
127.6
128.2
126.7

119.4
112.7
110.5
115.7

107.2
102.4
102.4
102.4

107.2
106.5

3.50
1.42
2.08
1.16
.92

3.67
1.46
2.21
1.23
.98

115.5
113.8
116.7
116.4
117.1

118.9
120.5
117.8
118.2
117.3

120.7
124.4
118.2
119.6
116.3

116.7
117.3
116.3
117.0
115.4

115.5
114.2
116.4
116.7
116.0

116.4

115.4
108.2
120.4
120.4
120.3

132.8
140.4
127.7
132.8
121.2

135.5
144.4
129.5
134.4
123.3

124.3
125.5
123.4
126.9
119.0

110.7
101.4
117.0
116.0
118.4

107.8

1.64
.56
.26
.56

1.74
.57
.27
.60

112.2
108.3
114.9
113.4

112.4
104.6
115.8
116.0

113.3
104.9
111.1
118.8

116.0
108.2
115.2
120.8

118.2
117.4
121.5
118.1

117.8

72.9
45.3
62.2
86.9

73.3
35.9
60.8
92.4

72.4
33.4
56.8
93.0

74.3
39.5
60.8
92.6

90.8
70.1
85.0
101.2

121.4

1993
July

Aug.

Sep/

Oct/

Nov/

Dec.P

1876.2 1881.3 1933.2 1877.4

1879.3

1887.2

1914.3

1938.2

1947.2

1529.9 1479.0 1480.5

1489.1

1513.4

1534.3

1542.1

117.0

112.2

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

Q4

1993
Q1

Q3r

Q2

Q4P

1707.0

1890.0 1803.1

1314.6

1492.5

1416.7

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

944.8
256.7
127.3
129.5
688.1

908.6
232.8
111.8
121.0
675.8

932.1
243.1
120.6
122.5
689.0

945.2
256.3
129.1
127.3
688.8

938.4
253.8
125.2
128.6
684.6

935.9
249.8
118.3
131.5
686.1

962.0
269.8
137.6
132.1
692.3

935.5
249.9
117.5
132.4
685.6

935.6
248.4
116.8
131.6
687.3

936.7
251.1
120.5
130.6
685.5

953.8
261.8
130.1
131.7
692.1

965.7
271.7
138.8
132.9
694.0

966.6
275.8
144.0
131.8
690.8

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

547.6
530.6
460.1
70.5

508.1
493.4
417.2
76.2

525.2
507.9
433.1
74.9

537.0
520.2
447.0
73.2

541.9
526.1
454.9
71.1

546.9
529.7
459.9
69.8

567.9
549.6
481.0
68.6

543.4
526.8
456.5
70.3

544.9
527.7
457.9
69.8

552.4
534.6
465.2
69.3

559.6
541.5
472.6
68.9

568.7
550.3
481.6
68.6

575.5
557.1
488.8
68.4

392.5
162.7
229.8
60.3

397.6
160.5
237.1
67.8

386.4
153.7
232.7
65.1

389.2
155.3
233.9
66.7

393.0
157.1
235.9
68.3

395.9
158.6
237.3
67.7

398.4
161.8
236.7
67.0

403.3
165.1
238.2
67.9

398.4
160.9
237.5
67.7

398.8
161.8
237.0
67.0

398.1
162.6
235.5
66.2

401.0
164.0
237.0
67.9

403.9
165.1
238.8
67.5

405.1
166.3
238.7
68.3

Final products

Intermediate products
Construction supplies
Business supplies
Commercial energy products

1846.6 1875.1

1457.3 1482.2 1480.3 1482.8

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

37.3
42.0
52.7

42.0
58.2
58.2

35.5
61.0
49.8

51.6
57.5
57.8

56.9
54.3
42.5

63.7
42.5
52.4

53.5
56.7
58.2

61.0
47.3
52.2

62.4
46.1
49.4

46.9
61.0
55.7

50.8
64.9
62.7

49.8
51.6

31.0
49.0
59.2

31.4
54.9
57.3

32.2
63.1
61.6

34.5
67.6
56.3

45.1
65.3
50.0

63.9
50.0
48.0

62.0
52.7
51.2

67.6
44.5
54.3

65.1
44.1
55.5

61.6
47.3
50.2

58.4
63.7
57.8

48.2
63.3

31.4
55.3
54.9

30.2
59.6
67.8

25.1
60.0
66.3

25.1
64.7
66.7

35.5
64.3
59.6

44.5
61.6
58.0

49.8
66.5
58.2

59.2
56.7
52.4

71.8
50.0
51.6

71.0
52.4
52.4

69.4
59.8
62.2

62.0
59.0

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



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
|

Index. 1987 = 100

1987
Billion
KWH
850.7

Seasonallvadiusted
1993
June
110.6

July
111.2

776.5
351.3
425.2
74.2

111.0
106.9
115.0
105.2

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

14.6
6.3
4.8

Coal mining

12

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

Not seasonally adjusted
Nov.P
111.9

1993
June
113.0

Julv
111.8

Aug.
113.2

Sep/
115.1

Oct/
112.4

Nov.P
111.1

111.2
107.3
113.9
102.5

112.6
108.4
116.5
103.4

113.7
109.0
117.9
103.3

112.6
107.7
117.0
100.6

114.3
108.8
119.1
97.6

116.0
111.7
119.8
102.6

113.1
108.8
116.9
102.7

111.7
107.8
115.2
103.6

112.9
95.5
115.6

121.7
116.5
116.0

122.8
117.1
115.6

123.4
132.8
105.0

124.0
134.2
105.0

102.9
74.4
110.3

114.4
98.4
117.8

121.2
117.9
115.1

122.5
115.9
116.8

98.0

94.8

92.3

94.9

92.9

77.5

86.4

88.0

89.5

96.5

100.7
100.7
87.2

98.7
97.8
85.2

101.4
101.3
91.2

99.6
99.4
84.5

98.8
98.4
87.8

101.4
101.5
90.0

100.3
99.9
88.3

97.4
95.8
85.7

102.3
101.4
92.0

99.3
99.5
82.8

97.3
97.3
84.8

99.0
114.9
121.1
76.5

106.5
113.3
125.5
92.0

104.5
114.4
123.8
88.3

109.1
117.2
125.7
92.8

107.3
120.0
122.9
89.5

104.7
120.3
121.6
85.4

99.5
120.6
129.6
75.0

106.2
119.0
132.1
89.8

107.7
120.5
136.1
90.4

110.1
128.0
134.9
90.8

108.0
129.9
137.2
86.0

107.1 *
129.5
132.2
85.0

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

116.3
122.7
104.9
119.1
119.2
121.8
135.7
126.1
104.3
102.3

118.2
125.9
108.5
118.9
122.4
124.8
136.2
119.0
106.3
102.6

117.4
122.6
107.3
119.5
121.9
124.8
133.3
121.5
103.2
103.5

118.5
123.9
107.3
118.4
122.6
125.5
131.9
124.5
107.4
107.1

115.3
120.2
106.7
117.9
117.7
122.4
127.5
122.2
103.8
102.9

116.2
123.0
104.5
120.4
122.4
123.5
134.1
113.1
101.5
104.7

118.9
127.9
112.9
116.0
118.8
128.5
129.4
119.8
111.9
106.8

124.2
135.9
118.5
121.2
121.0
134.2
129.2
110.7
117.7
112.9

127.4
133.9
115.8
138.4
124.8
137.1
131.0
118.7
118.5
114.5

129.4
136.6
114.8
144.1
127.0
138.4
134.2
124.3
118.2
115.0

121.8
124.9
106.5
137.2
123.7
127.1
140.0
122.9
107.4
107.1

117.0
121.7
100.4
121.7
126.9
120.8
150.4
120.4
98.9
102.4

21

1.7

89.3

92.9

90.3

90.3

86.8

90.6

93.6

92.0

100.5

101.4

97.4

89.4

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

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

112.2
101.3
131.7
116.9
120.7
112.8

113.7
102.4
134.5
125.0
118.2
119.0

110.9
103.6
125.1
114.9
115.0
114.8

112.5
101.1
130.7
118.9
118.7
120.3

109.2
98.1
128.5
115.8
113.0
118.4

111.9
10.1.0
130.1
118.5
114.3
120.3

124.4
112.9
146.5
126.1
133.9
120.9

113.6
102.2
139.3
120.7
116.9
116.1

125.9
117.9
144.4
123.3
130.7
126.8

124.8
112.1
150.0
129.5
130.2
129.2

115.3
103.1
134.9
122.4
120.0
123.2

107.9
97.2
124.7
117.3
110.3
115.3

Apparel products
Men's outerwear
Women's outerwear

23
231,2
233

96.6
103.1
83.8

99.7
104.4
89.2

94.0
93.1
83.6

97.5
104.1
80.7

94.6
97.9
82.5

96.0
100.9
79.6

105.5
115.2
90.5

107.7
110.9
97.7

110.7
110.3
98.1

114.0
124.0
94.7

99.1
101.9
85.4

92.0
97.6
75.3

Aug.
110.2

r

Sep.
111.4

Oct/
110.6

111.6
108.2
114.7
105.7

111.0
106.7
114.2
100.1

111.9
109.8
113.7
103.6

125.4
135.8
106.4

122.8
132.8
103.3

102.4
71.4
112.8

13.4

101.3

98.8

13
131
132

33.0
27.7
3.7

101.8
102.2
88.4

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

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

Item
Total

1987 SIC

fyiAJQR INDUSTRY GROUPS
Panufaeturing
Durable
Nondurable
Mining

Tobacco products

6.6
1.9.
1.9

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

110.6
103.0
98.6

112.4
103.8
101.0

112.3
105.7
100.3

113.2
105.4
103.3

111.7
105.9
99.0

112.6
106.4
100.4

110.5
101.3
98.7

108.7
98.8
98.7

111.4
103.2
98.8

113.7
104.8
103.4

111.6
105.4
99.6

113.7
109.1
101.1

Furniture and fixtures
Household furniture

25
251

5.7
3.2

110.4
104.6

114.2
106.1

111.8
105.1

114.0
105.0

111.3
106.0

111.5
104.7

112.7
108.1

108.8
96.5

117.5
108.9

119.8
109.3

114.1
107.9

110.9
104.7

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

113.3
115.2
106.4
136.6
114.3
117.1

115.0
108.8
108.2
139.9
111.6
119.0

116.1
101.8
111.5
137.0
112.2
115.1

117.7
109.3
114.5
138.5
110.4
119.1

114.1
107.8
110.4
131.5
112.9
113.2

117.8
124.1
114.0
134.5
112.6
118.9

114.4
111.0
107.1
137.6
116.6
121.0

114.8
107.9
108.5
136.3
113.7
119.3

118.0
102.1
113.4
137.3
116.1
120.5

118.5
110.3
113.1
138.4
115.4
125.3

115.8
110.1
111.4
134.7
113.8
116.2

118.0
126.6
113.9
134.9
111.6
119.1

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

125.1
115.0
127.7

127.5
114.0
130.3

126.5
112.4
129.5

128.5
114.8
130.1

125.9
111.6
128.4

128.7
113.2
131.8

130.1
119.6
131.9

139.5
125.8
141.8

143.1
126.2
146.6

144.0
127.2
146.4

130.3
113.3
134.5

125.1
108.5
130.2

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

115.3
117.6
123.5
126.5
108.9
139.0

113.3
112.2
125.5
114.1
104.0
120.3

110.2
106.3
127.3
101.9
103.7
100.4

111.6
109.7
123.9
107.8
104.6
109.4

114.7
115.5
126.2
120.5
101.0
133.5

117.0
119.6
126.9
131.1
106.2
148.8

116.9
117.8
124.2
126.1
107.3
139.4

114.7
111.4
127.8
111.7
105.0
116.4

113.0
108.3
126.6
102.5
105.4
100.4

113.8
110.3
124.6
106.2
102.7
108.7

115.7
116.6
124.8
122.2
100.6
137.6

114.9
117.4
124.1
127.4
103.9
144.0




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index, 1S '87=100
I 1987
I Billion
1987 SIC KWH

Seasonallvadiusted
1993
June

26.5
14.2
5.5
3.1
36.0
8.5

29

Rubber and p astics products
Tires
Rubber products, nee
Plastics products, nee

Not seasonally adjusted

July

Aug.

Sep/

Oct/

I 1993
Nov.P ' June

July

Aug.

Sep/

Oct/

Nov.P

108.5
111.5
116.7
117.6
111.2
110.3

109.6
119.9
126.5
116.5
114.1
113.7

112.0
115.9
128.1
113.8
107.9
116.2

107.8
109.7
127.8
115.3
115.9
110.4

109.4
113.4
123.6
114.1
115.5
111.3

109.6 ' 112.9
114.0 114.6
127.4 125.2
114.7 121.3
112.4 111.0
117.0 111.5

113.8
122.4
137.7
124.9
113.9
112.0

114.9
117.8
142.2
123.0
111.4
115.3

112.4
114.2
143.1
122.6
119.5
112.0

109.6
113.9
126.6
115.5
119.0
111.4

108.2
112.9
121.3
111.9
111.4
117.1

40.1

110.5

109.2

110.5

111.7

110.1

110.7

113.2

113.6

116.4

115.7

110.4

108.1

30
301
306
308

33.1
3.6
3.1
24.9

124.1
115.9
105.2
126.5

126.4
11-3.2
109.0
129.4

129.1
113.3
107.3
133.2

130.8
111.5
107.8
135.5

124.9
108.5
105.0
129.9

128.2
111.6
105.9
132.6

129.5
121.9
109.4
132.1

126.6
113.7
107.9
129.7

132.6
123.6
111.5
135.2

134.6
119.8
111.5
138.2

130.3
113.8
108.5
134.6

129.2
109.7
106.7
134.2

Leather and products
Shoes

31
314

1.0
.4

97.0
87.2

102.6
91.8

95.6
84.9

100.4
89.8

97.0
89.8

98.0
90.7

102.8
93.8

99.9
91.1

103.4
94.9

105.9
96.4

97.9
88.2

96.4
89.8

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

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

102.8
107.1
105.3
97.9
104.4
90.9

102.7
104.6
102.2
100.7
108.7
90.6

99.8
99.1
99.3
94.8
104.2
91.4

103.5
102.3
104.8
99.8
106.6
94.4

101.9
100.2
99.4
101.6
103.5
92.3

105.0
103.9
100.9
108.8
105.7
93.7

106.0
108.6
107.2
105.9
107.3
92.4

104.5
104.4
104.4
106.0
108.9
92.0

104.4
102.8
102.3
102.1
107.5
94.0

106.4
105.3
108.4
105.7
109.9
96.7

106.4
101.6
102.2
110.9
105.6
95.6

106.4
105.4
100.6
111.3
106.4
95.5

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
27

111.1
118.8
105.6
102.0
96.9
105.5

108.2
113.1
106.7
98.4
95.6
105.6

107.7 112.6
112.0 113.4
104.5 108.5
94.7
94.6
97.2 ' 112.7
105.6 105.0

108.9
110.9
108.0
82.7
111.3
103.7

110.3
115.1
112.9
91.0
105.1
107.1

110.5
116.7
109.7
100.1
97.2
107.7

107.0
110.1
102.1
98.1
98.2
102.1

107.2
111.9
100.8
93.8
97.3
106.4

111.7
112.7
110.1
94.2
110.0
109.1

111.2
113.5
111.0
85.8
112.9
107.6

111.4
116.8
115.0
92.5
104.6
107.8

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

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

105.4
119.6
108.2
92.3
96.4
113.4

108.5
122.9
111.3
101.1
103.0
118.5

108.2
123.6
110.8
98.1
101.2
117.2

109.2
121.9
111.4
99.4
104.8
118.5

107.7
119.0
109.7
98.8
102.6
116.8

109.2
119.1
112.5
98.4
106.9
121.2

108.9
125.2
111.5
94.7
100.2
120.1

109.8
127.3
112.0
101.9
104.0
115.4

111.1
126.8
115.2
98.0
105.7
116.4

114.0
126.1
116.4
102.9
107.9
1-21.8

109.9
120.5
113.6
98.5
106.7
120.2

109.3
116.4
112.4
98.3
105.0
122.0

Industrial and commercial
machinery and computer equip>. 35
Engines and turbines
351
Farm
352
Construction and allied
353
Metalworking
354
Special industry
355
General industrial
356
Computer and office equip.
357
Service industry machines
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

109.5
113.4
128.8
95.4
119.7
108.4
111.5
96.0
132.5

111.9
111.2
127.9
95.6
124.2
110.0
111.5
97.9
134.7

109.2
105.8
137.3
93.8
122.5
111.0
110.6
91.9
134.8

111.7
116.4
126.0
95.0
122.2
112.4
109.5
96.6
134.8

108.5
113.3
120.0
96.6
119.1
111.5
108.7
89.9
136.1

110.9
114.2
123.5
94.9
120.5
114.1
110.1
95.8
138.2

113.4
118.3
128.6
97.9
123.0
111.1
115.2
99.5
139.5

115.3
113.0
123.0
99.8
128.3
114.1
115.2
101.3
144.2

115.7
112.3
132.5
97.7
129.8
118.4
115.8
99.3
144.8

118.3
117.7
134.2
101.6
130.1
120.0
116.3
100.0
145.4

110.8
112.1
120.8
99.2
120.0
112.2
110.9
95.2
138.4

109.2
112.8
123.9
94.4
118.8
111.9
108.0
93.3
135.4

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

103.4
75.9
112.9
89.5
98.2
127.2
81.7
114.7

103.7
77.5
110.5
90.6
98.9
129.9
84.7
114.5

105.0
79.1
112.3
90.1
99.6
132.7
88.8
114.1

106.1
78.8
113.1
92.1
97.9
139.1
85.7
113.5

104.5
76.1
109.3
90.2
98.8
137.8
83.5
112.4

104.4
75.3
111.0
93.2
96.4
138.6
83.2
112.2

107.4
79.4
115.9
95.0
102.4
129.7
86.7
118.3

108.5
79.1
114.7
90.9
99.8
133.8
92.2
121.0

111.0
84.8
115.5
93.9
98.5
141.0
95.4
121.1

113.3
84.1
116.3
96.7
104.3
147.6
92.5
121.7

106.6
77.9
109.5
91.5
100.4
142.8
85.2
115.0

103.4
73.3
109.5
90.2
96.0
139.3
80.6
111.2

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

37
371
372
373

38.3
21.9
10.1
2.1

97.7
92.2
99.4
98.0

99.1
93.0
102.2
99.2

97.7
92.0
96.3
99.8

98.1
92.7
96.2
104.8

96.6
92.9
95.2
103.0

99.2
95.7
94.7
101.3

103.1
98.8
102.2
100.7

101.0
93.0
107.3
99.9

104.2
98.3
103.7
102.3

104.0
98.3
103.2
104.8

100.3
96.9
98.5
98.8

97.5
94.9
92.3
98.2

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

110.2
106.4

112.0
103.3

108.7
98.1

114.0
106.4

109.1
97.4

109.7
104.3

114.2
106.9

120.0
108.4

117.9
104.4

121.7
110.8

112.5
102.5

107.1
99.7

39

4.6

117.1

124.3

119.9

123.1

118.4

121.8

119.9

127.5

129.5

131.7

122.1

120.1

832.5
765.4
85.3

109.4
110.1
122.8

111.2
110.6
122.8

110.5
109.8
118.5

111.8
110.4
120.4

109.9
109.6
120.2

111.0
111.1
117.1

112.2
112.7
119.9

111.6
111.2
124.2

113.6
112.8
121.2

115.3
114.3
117.9

111.6
111.4
119.1

110.1
110.3
115.1

Item

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
Petroleum products

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




1

17

Explanatory Note
The statistical release of Industrial Production and Capacity Utilization reports
measures of output, capacity, and capacity utilization in manufacturing, mining, and
the electric and gas utilities industries. It also includes survey data on the use of
electric power in manufacturing and mining. Data in the release are available on-line
on the day of issue through the Economic Bulletin Board of the Department of
Commerce. For information, call (202) 482-1986. Diskettes containing historical
data and the data published in this release are available from the Board of Governors
of the Federal Reserve System, Publications Services, (202) 452-3245.
Industrial

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (1) market groups (shown in table 1), such as consumer
goods, equipment, intermediate products, and materials, from which the seasonally
adjusted total index is derived; and (2) industry groups (shown in tables 2 and 6), such
as two-digit SIC industries and major aggregates of these industries—for example,
durable and nondurable manufacturing, mining, and utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products 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. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from the government agencies listed above; data of this type are used to estimate
monthly IP where possible and appropriate. When suitable data on physical product
are unavailable, estimates of output are based on either production-worker hours or
kilowatt hours. Data on hours worked by production workers are collected in the
monthly establishment survey conducted by the Bureau of Labor Statistics. The data
on kilowatt hours 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, whereas 1977 weights are used for
the 1977-81 period. The other weight years in the postwar period are 1972, 1967,
1963, 1958, 1954, and 1947. The 1987 value-added weights used to aggregate the
index are shown in the first column of tables 1,2, and 6, in the "1987" column under
the heading "Proportion in total IP." 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, in the column headed by the most recent year under the heading
"Proportion in total IP."
Seasonal adjustment Individual series are seasonally adjusted by the X-l 1ARIMA
method, developed at Statistics Canada. The current seasonal factors are based on
data through October 1992. In some cases, series were preadjusted for the effects of
holidays or the business cycle before using X—11 ARIMA. The major market and
industry groups are seasonally adjusted directly; as a result, the seasonally adjusted
value of a given market or industry group may not be equal to an aggregation of its
seasonally adjusted components. The seasonally adjusted total index is calculated by



18

aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups.
Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production—1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
revision to the index is described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204. The 1993 revision to the index is described in the Federal
Reserve Bulletin, vol. 79 (June 1993), pp. 590-605.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, 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 the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilization is described in the Federal Reserve
Bulletin, vol. 76 (June 1990), pp. 412-35, and the 1993 revision is described in the
Federal Reserve Bulletin, vol. 79 (June 1993), pp. 590-605.
Electric Power
Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry's or group's
usage in 1987. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1987 censuses of those industries. The supplementary group, "Total, less nuclear
nondefense," is shown separately because the nondefense nuclear material series
(part of SIC 2819) accounts for a disproportionately large part of total electric power
use. Because the value-added proportion for this industry in total IP is considerably
smaller than its share of total electric power use, excluding this component from total
power use facilitates comparisons with total IP
Release Schedule for 1994
At 9:15 a.m. on January 14, February 15, March 15, April 15, May 16, June 15, July
15, August 15, Septemter 16, October 14, Novemberil5, and December 1 4 ^ ^