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FEDERAL RESERVE statistical release
For release at 9:15 a.m. (EST)
January 17,1995

G.17(419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 1.0 percent in December after a revised gain of 0.7 percent in November. The
December increase was broadly based, with significant gains in mining and in durable and nondurable manufacturing.
Unseasonably mild weather further depressed production at electric and gas utilities, however. Industrial production in
December was at 121.4 percent of its 1987 average and 5.8 percent higher than it was in December 1993. Output grew at
an annual rate of 5.4 percent in the fourth quarter, compared with 4.9 percent in the third quarter. The substantial growth
in output in December boosted capacity utilization to 85.4 percent, its highest level since October 1979.
Market Groups
The output of consumer goods rose 0.9 percent in December, after a similar increase in November. The
production of durable consumer goods, propelled by another strong gain in automotive products, increased 1.9 percent;
the production of other consumer durables, such as appliances, air conditioners, and carpets, also rose. The output of
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index, •1987=100
1994
1994
Industrial Production
Sept.r
Oct.r
Nov.r
Sept.r
Dec.P

Percent chanae
Oct/

Nov/

Dec.P

Dec. 93 to
Dec. 94

Total index
Previous estimates

119.0
119.0

119.4
119.6

120.3
120.2

121.4

-.1
-.1

.4
.5

.7
.5

1.0

5.8

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

116.4
113.0
149.5
108.6
122.9

116.8
112.6
151.4
109.6
123.4

117.6
113.6
152.0
110.2
124.3

118.5
114.6
153.7
110.4
125.9

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

.4
-.4
1.3
1.0
.3

.7
.9
.4
.5
.8

.7
.9
1.1
.2
1.3

5.0
3.4
9.8
6.5
7.2

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

120.9
127.2
113.7
100.1
116.5

121.4
128.2
113.8
99.2
117.2

122.6
129.5
115.0
98.7
115.8

123.9
131.2
115.8
99.9
114.9

.0
.2
-.3
.1
-1.9

.4
.8
.1
-.9
.6

1.0
1.0
1.0
-.5
-1.3

1.0
1.3
.7
1.2
-.8

6.7
8.2
4.9
1.5
-.6

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



Average
1967-94

1982
Low

Percent of Capacity
1993
1994
1988-89
High
Dec.
Sept.r

Oct/

Nov/

Capacity
growth
Dec. 93 to
Dec.P
Dec. 94

82.0

71.8

84.9

82.9

84.2
84.3

84.3
84.5

84.7
84.7

85.4

2.8

81.3
80.7
82.5
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.2
83.5
89.0
86.5
92.6

82.2
80.3
86.9
88.2
86.1

83.6
81.8
88.2
89.8
86.0

83.8
82.0
88.3
89.0
86.4

84.4
82.5
89.3
88.5
85.3

85.1
83.1
90.0
89.6
84.5

3.1
3.5
2.0
-.1
1.2

nondurable consumer goods, which had declined from June to October, advanced 0.8 percent in November and
0.7 percent in December, with gains in foods and tobacco, paper products, and drugs, soaps, and toiletries.
The production of business equipment, which advanced 1.1 percent in December, rose about 10 percent over
the past twelve months. Industrial, information processing, and transit equipment all increased solidly in the past few
months. The output of defense and space equipment, which had fallen substantially during the past few years, gained a
bit in November and December.
The output of construction and business supplies changed little in December after strong gains in the
preceding two months. The production of materials increased 1.3 percent. Once again, noticeable gains were spread
widely among durable materials such as semiconductors, auto parts, plastics, and metals. Among nondurables, the output
of chemicals and textiles advanced. The output of energy materials rebounded in December, despite continued weakness
in the generation of electricity and the extraction of natural gas; the production of coal and crude oil rose.
Industry Groups
Manufacturing output rose 1.0 percent in December to a level 6.7 percent higher than that of a year earlier.
Increases in production were pronounced among durables such as metals and machinery and equipment. Factories
operated at 85.1 percent of capacity, just below the recent cyclical peak of capacity utilization in January 1989. The
utilization rate in the primary-processing industries rose 0.7 percentage point, to 90.0 percent, which was above the
cyclical highs reached in January 1989 and November 1978 but still below the 1973 average of 91.5 percent. Rates for
primary metals, lumber, wood pulp, paperboard, plastics resins, petroleum refining, and rubber and plastics products
remained relatively high. Utilization for advanced-processing industries rose 0.6 percentage point, to 83.1 percent, but
remained 0.4 percentage point below its high in January 1989. Among advanced-processing industries, the operating
rates for trucks, electrical machinery, and industrial machinery and computer equipment stayed high, but the rates for
aircraft and space equipment, ships, instruments, and printing and publishing remained relatively low.
Because of continued mild weather, operating rates at utilities decreased further, to 84.5 percent in December
compared with an average of 87.0 percent for 1994. Last June, when temperatures were unusually high, the utilization
rate for utilities reached a high of 89.6 percent. Operating rates at mines rose 1.1 percentage points with a significant
gain in output of coal.

NOTICE
An annual revision to industrial production, capacity, and capacity utilization was published on
November 30, 1994. The revision to the production indexes affects data beginning in January 1991 and incorporates
1992 value-added proportions and revisions to monthly source data and seasonal factors. The revision to capacity
and utilization incorporates the 1992 value-added weights along with available new data on physical capacity
measures and investment. The capacity revision chiefly affects the individual series from 1991 forward; aggregate
utilization may be changed slightly for earlier years to accommodate the introduction of 1992 weights.
Diskettes containing either historical data (through 1985) or more recent data (1986 to those most
recently published in the G.17 release) are available from Publications Services, Mail Stop 127, Board of Governors
of the Federal Reserve System, Washington, DC 20551 (202-452-3245). Files containing the revised data and the
text and tables from this release are also available through the Economic Bulletin Board of the Department of
Commerce; for information, call (202) 482-1986.
A document with printed tables of the revised estimates of series shown in the G.17 release is
available upon written request to the Industrial Output Section, Mail Stop 82, Division of Research and Statistics,
Board of Governors of the Federal Reserve System, Washington, DC 20551.




2

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Seasonally adjusted

December data
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

Manufacturing

5 \-

o \-5
-10

-10
Durable
manufacturing

10
5
0

Nondurable
manufacturing

-5
-10
1990

1992

1994

1990

Total industry




1994

Manufacturing

Ratio scale, 1987 production = 100

1985

1992

Ratio scale, 1987 production = 100

1990

1995

3

1985

1990

1995

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
1992
Value
Index
added1

• " • i i i

Item

-

, , .

.

Indjxjj187=100

Seasonally Adjusted

i

1994
Julv

Aug.

Sept/

119.1

119.0

Not seasonally adjusted

Oct/

Nov/

119.4

120.3

Dec.P

1994
Julv

Aug.

Sept/

Oct/

Nov/

Dec.P

121.4

100.0

107.6

118.2

116.9

121.9

122.1

121.2

119.5

119.1

60.9
46.6

106.5
109.0

116.2
118.5

116.7
119.2

116.4
118.9

116.8
119.1

117.6
119.8

118.5
121.0

114.9
115.7

120.8
123.1

120.9
123.4

119.5
122.0

116.5
118.9

115.5
118.0

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

28.5
5.5
2.5
1.6
.9
.7
.9
3.0
.7
.8
1.5
23.0
10.3
2.4
4.5
2.9
2.9
.9
2.1

105.9
102.6
99.9
95.1
77.5
125.6
107.8
105.0
111.5
97.3
106.2
106.9
105.6
96.4
120.2
101.7
108.2
104.6
109.6

113.3
118.0
119.5
115.0
86.5
1 166.6
126.6
1 116.7
129.7
108.4
115.3
112.2
110.6
I 96.5
131.1
1 105.2
114.3
105.8
117.8

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

113.0
119.1
123.8
122.5
90.2
181.5
123.9
115.2
130.2
104.1
114.6
111.7
111.9
95.5
127.5
105.2
110.5
107.4
111.8

112$
119.5
124.5
122.3
92.9
175.5
126.6
115.3
125.3
107.6
114.9
111.0
111.1
96.3
127.1
103.6
110.1
103.9
112.6

113.6
120.8
127.1
126.5
94.0
185.8
125.6
115.5
129.9
105.5
114.4
111.9
112.0
95.7
129.4
104.8
110.0
107.9
110.8

114.6
123.1
130.5
131.5
100.5
187.3
125.8
116.7
132.9
106.4
115.1
112.7
112.9
95.9
131.2
105.6
109.0
107.4
109.6

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

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

117.8
123.1
129.0
128.1
95.3
188.0
128.3
118.1
133.7
107.9
116.7
116.7
119.9
100.4
140.9
105.2
98.5
108.1
94.2

115.6
128.3
138.5
140.4
106.1
202.5
131.8
119.6
131.1
110.8
119.3
112.6
117.9
98.9
129.6
101.6
94.0
105.6
88.9

112.1
120.4
125.2
125.2
94.1
181.8
122.5
116.5
123.3
106.1
119.2
110.1
111.4
95.0
125.1
103.6
105.7
110.9
103.3

110.9
113.5
114.8
111.9
88.1
154.3
118.6
112.4
115.0
102.4
116.8
110.3
105.3
92.5
124.3
106.2
130.3
112.1
138.0

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

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

113.4
124.1
138.6
172.8
105.6
138.4
117.0
104.0
86.5
79.9
94.5

126.4
146.9
177.1
282.6
122.1
132.6
138.2
132.6
69.9
93.7
133.3

127.5
148.9
179.7
288.9
122.3
137.9
149.4
133.5
69.2
89.6
134.5

128.0
149.5
181.1
295.8
123.0
136.8
147.7
133.3
68.8
93.9
138.4

129.2
151.4
183.7
301.1
124.6
138.6
149.2
134.3
68.8
88.3
142.0

129.6
152.0
184.8
307.0
124.9
140.4
151.7
132.9
69.0
86.0
143.1

130.9
153.7
188.1
313.0
126.0
141.9
152.6
132.5
69.3
86.0
148.8

124.2
144.7
182.4
297.4
123.3
104.0
86.6
133.9
68.2
90.6
124.9

1302
153.0
186.9
310.1
125.9
136.1
147.5
137.0
67.8
90.2
148.3

132.0
154.7
187.6
307.7
127.7
140.2
151.6
138.3
69.2
95.2
146.4

132.0
154.5
186.9
311.5
125.2
149.0
166.2
134.3
69.0
97.3
156.7

129.5
150.9
183.4
296.8
124.1
140.5
148.8
130.4
69.8
98.7
138.8

129.3
150.5
185.7
300.7
125.1
133.5
132.4
128.3
71.1
96.9
121.8

14.3
5.3
9.0

98.8
95.0
101.3

109.1
107.9
110.0

109.2
108.2
109.9

108.6
108.6
108.7

109.9
109.6
110.2

110.8
110.2
111.3

110.8
110.4
111.2

112.3
110.6
113.5

113.6
111.5
115.1

113.3
112.4
114.0

111.6
112.7
111.1

109.2
108.9
109.5

108.0
104.7
110.2

39.1

109.2

121.4

122.8

122.9

123.4

124.3

125.9

119.8

123.6

123.9

123.8

124.2

124.6

20.6
3.9
7.5
9.1
3.0
8.9
1.1
1.8
4.0
2.0
9.6
6.3
3.3

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

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

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

133.3
133.1
146.7
122.8
121.1
119.8
105.9
121.5
124.0
118.2
105.6
100.8
115.1

134.2
133.9
149.0
122.6
121.4
120.0
106.5
120.5
124.8
118.4
105.2
100.3
115.1

136.0
136.1
150.7
124.3
123.0
121.0
109.8
121.9
125.1
118.6
104.6
99.6
114.6

138.4
139.0
154.1
125.8
125.8
121.7
112.1
121.6
125.7
119.7
105.3
100.7
114.4

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

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

135.6
136.3
147.0
126.2
122.4
120.8
107.2
121.7
125.2
119.4
103.8
99.2
112.9

135.6
136.6
148.8
124.8
121.4
122.0
109.2
120.8
125.1
124.7
102.3
98.1
110.8

136.3
137.9
151.5
123.8
122.0
120.5
107.9
122.7
125.2
116.8
103.9
99.6
112.3

137.4
137.3
156.5
122.6
122.4
115.9
102.0
117.5
122.7
109.7
107.2
101.8
117.9

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

97.2
95.2
98.3

107.7
107.6
106.0

118.1
117.7
115.5

118.7
118.2
116.4

118.6
118.0
116.1

119.0
118.4
116.5

119.8
119.2
117.3

120.9
120.2
118.4

118.1
117.9
114.0

121.6
121.2
118.9

121.7
121.2
119.1

120.3
119.8
118.2

119.1
118.5
116.7

119.1
118.3
116.2

Consumer goods excluding:
Autos and trucks
Energy

26.9
25.6

106.7
105.7

113.2
113.2

113.0
113.8

112.4
113.3

112.0
112.9

112.7
114.0

113.5
115.2

113.1
110.2

117.9
119.8

117.2
120.0

114.0
118.0

111.2
112.8

110.8
108.7

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.8
12.5

124.7
115.9

147.7
131.1

148.8
132.7

149.5
132.7

151.5
134.3

151.9
134.5

153.7
135.8

150.2
127.6

153.4
135.3

154.9
137.2

153.3
136.8

151.0
134.1

152.2
133.4

Materials excluding:
Energy

29.5

111.3

127.2

128.8

129.2

129.9

131.4

133.3

124.8

129.3

131.0

131.5

131.5

130.9

Total index
Products, total
Final products

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

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




4

Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1993Q4
to
1994Q4

Seasonallyadjustec
annual rate
1994
Q3r
Q4P
Q1
Q2

Seasonallvadiusted
1994
?ept/
Oct/
Nov/ Dec.P

Not seasonally adjusted
1994
Sept/
Oct/ Nov/ Dec.P

Dec. 93
to
Dec. 94

Total index

5.9

7.1

6.0

4.9

5.4

-.1

.4

.7

1.0

.2

-.8

-1.4

-.4

5.8

Products, total
Final products

4.9
4.5

6.7
7.0

4.9
3.5

3.9
3.6

4.2
3.8

-.3
-.2

.4
.1

.7
.6

.7
1.0

.1
.3

-1.2
-1.1

-2.5
-2.6

-.8
-.7

5.0
4.7

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

2.9
5.1
7.1
6.1
5.8
6.4
9.4
3.3
-.4
5.4
4.1
2.3
5.6
1.3
1.4
-.1
-4.3
-2.8
-4.9

6.8
15.9
35.3
41.4
49.5
33.0
22.6
.2
-18.9
7.8
7.5
4.5
7.2
-.8
4.5
-3.3
7.5
-13.1
16.8

2.1
-7.1
-18.6
-26.7
-28.5
-24.7
2.2
5.5
10.2
3.2
4.4
4.6
10.0
9.0
2.7
6.2
-13.3
6.6
-20.0

1.9
6.5
3.3
2.1
-10.5
17.5
5.7
9.6
18.0
10.7
4.8
.7
2.6
-2.8
-.8
-.2
.1
-3.8
1.7

.8
6.4
15.9
19.8
31.3
8.8
8.2
-1.7
-6.8
.3
.0
-.6
2.8
.1
-.8
-3.0
-10.0
, .2
-13.9

-.6
-1.3
-.9
-2.8
-1.6
-4.0
3.2
-1.7
-3.7
-2.6
.0
-.5
.6
-.4
-1.8
-.7
-2.2
1.5
-3.7

-.4
.3
.6
-.2
2.9
-3.3
2.1
.1
-3.8
3.4
.3
-.6
-.8
.9
-.3
-1.6
-.4
-3.2
.8

.9
1.1
2.1
3.5
1.3
5.9
-.7
.1
3.7
-1.9
-.5
.8
.8
-.7
1.8
1.2
-.1
3.8
-1.7

.9
1.9
2.7
3.9
6.9
.8
.2
1.1
2.3
.9
.6
.7
.8
.2
1.4
.8
-.9
-.5
-1.0

-.5
1.8
2.7
1.7
8.3
^.3
4.8
1.0
3.6
-2.2
1.5
-1.0
.4
-.4
-1.5
-1.0
-6.6
.7
-9.8

-1.9
4.2
7.4
9.6
11.3
7.7
2.8
1.3
-2.0
2.7
2.2
-3.5
-1.7
-1.5
-8.0
-3.4
-4.5
-2.3
-5.6

-3.1
-6.1
-9.7
-10.8
-11.3
-10.2
-7.1
-2.7
-5.9
-42
-.1
-2.2
-5.5
-3.9
-3.5
2.0
12.4
5.0
16.2

-1.1
-5.8
-8.3
-10.6
-6.4
-15.1
-3.2
-3.5
-6.7
-3.5
-2.0
.2
-5.5
-2.7
-.7
2.5
23.3
1.0
33.7

3.4
5.1
6.0
4.4
5.7
3.0
9.7
4.2
4.2
5.5
3.5
2.9
5.9
.7
2.6
1.3
-3.7
-.5
-5.0

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

6.9
10.3
13.9
20.6
9.5
2.2
4.8
10.2
-9.2
-2.0
16.3

7.3
10.4
14.5
22.8
7.2
10.2
18.8
4.4
-10.2
11.9
31.7

5.8
8.2
8.2
7.6
14.0
-11.1
-19.8
24.0
-7.9
13.9
6.0

6.4
11.4
18.4
25.8
7.8
-2.0
7.4
13.4
-16.1
-6.6
.8

8.3
11.1
14.7
27.2
9.0
14.0
17.8
.4
-1.8
-22.3
30.2

.4
.4
.8
2.4
.6
-.8
-1.2
-.1
-.6
4.7
2.9

.9
1.3
1.4
1.8
1.3
1.3
1.1
.8
-.1
-6.0
2.6

.3
.4
.6
2.0
.2
1.3
1.7
-1.1
.3
-2.6
.8

1.0
1.1
1.7
2.0
.9
1.1
.6
-.3
.4
.0
4.0

1.3
1.1
.4
-.8
1.4
3.0
2.8
.9
2.0
5.6
-1.3

.0
-.1
-.3
1.2
-1.9
6.3
9.6
-2.9
-.3
2.2
7.0

-1.9
-2.4
-1.9
-4.7
-.9
-5.7
-10.5
-2.9
1.1
1.4
-11.4

-.1
-.2
1.2
1.3
.8
-5.0
-11.0
-1.6
1.9
-1.8
-12.3

6.8
9.8
14.0
19.2
8.9
2.1
3.2
8.2
-8.0
-2.4
15.5

6.4
8.2
5.3

5.5
4.6
6.1

9.6
11.4
8.5

4.6
9.7
1.5

5.8
7.0
5.0

-.6
.3
-1.1

1.2
1.0
1.4

.8
.5
1.0

.0
.2
-.2

-.3
.7
-1.0

-1.4
.3
-2.5

-2.2
-3.4
-1.4

-1.1
-3.8
.6

5.8
6.5
5.3

7.3

7.9

7.7

6.5

7.3

.1

.3

.8

1.3

.2

.0

.3

.3

7.2

10.6
9.8
14.8
7.4
6.8
5.1
7.6
4.1
5.9
3.0
1.7
2.0
1.2

11.6
21.6
12.8
6.3
2.7
1.9
4.2
-2.1
6.3
-3.9
5.0
3.7
7.4

10.1
-2.0
15.1
12.0
12.4
6.2
6.5
6.5
8.2
1.9
3.3
5.8
-1.1

8.4
8.1
13.4
4.2
-.1
7.6
3.9
9.5
5.4
12.6
.9
.6
1.3

12.4
13.0
17.8
7.4
12.9
4.6
16.1
2.8
3.7
2.0
-2.1
-1.8
-2.6

.6
-.1
1.0
.4
1.5
-.4
.2
-.8
-.7
.1
-.5
-.1
-1.1

.7
.6
1.6
-.1
.3
.2
.6
-.8
.6
.1
-.3
-.5
.0

1.3
1.6
1.1
1.4
1.3
.8
3.1
1.2
.3
.2
-.6
-.7
-.4

1.8
2.2
2.2
1.2
2.2
.6
2.1
-.3
.4
.9
.6
1.1
-.2

1.8
2.8
1.8
1.3
4.0
.2
-1.0
-.1
1.0
-.6
-3.6
-1.9
-6.6

.0
.2
1.3
-1.1
-.8
1.0
1.9
-.7
-.1
4.4
-1.4
-1.1
-1.9

.5
.9
1.8
-.8
.4
-1.3
-1.3
1.6
.1
-6.3
1.5
1.5
1.4

.8
-.4
3.3
-.9
.4
-3.8
-5.4
-4.2
-2.0
-6.0
3.2
2.2
5.0

10.4
8.2
15.7
6.8
6.2
4.6
10.6
3.3
5.4
1.4
2.0
2.5
1.1

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

5.9
5.7
5.5

6.4
5.9
6.8

7.2
7.6
6.0

4.9
4.9
4.4

5.0
4.6
4.9

-.1
-.1
-.2

.4
.3
.3

.7
.6
.7

.9
.9
.9

.1
.0
.2

-1.1
-1.1
-.8

-1.0
-1.1
-1.3

.0
-.1
-.4

5.9
5.8
5.5

Consumer goods excluding:
Autos and trucks
Energy

2.6
3.7

4.6
6.7

4.6
4.0

1.9
2.1

-.4
2.1

-.5
-.5

-.4
-.4

.7
1.0

.7
1.1

-.6
.2

-2.7
-1.7

-2.4
-4.4

-.4
-3.6

3.3
4.2

10.8
8.6

9.6
8.6

11.5
8.3

11.8
9.1

10.4
8.5

.5
.0

1.3
1.2

.3
.1

1.2
1.0

1.0
1.5

-1.0
-.3

-1.5
-1.9

.8
-.5

10.5
8.3

9.0

8.7

9.0

8.1

10.1

.3

.5

1.2

1.4

1.3

.3

.0

-.5

8.7

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

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

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




5

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index. 1<87=100
,, . 1992
Value1
Index
SIC added

1994
July

Aug.

Sept/

Oct/

Nov/

100.0

107.6

118.2

119.1

119.0

119.4

85.5

108.0

119.8

120.9

120.9

26.5
59.0

104.6
109.7

115.3
121.9

116.3
123.1

45.1
2.0
1.4
2.1

109.3
95.8
99.1
95.3

125.2
106.8
114.0
104.3

3.1
1.7
.1
1.4
5.0

101.9
105.1
101.2
97.6
98.8

7.9
1.7
7.3

Dec.P

Auo.

Sept/

Oct/

Nov/

Dec.P

120.3

121.4

116.9

121.9

122.1

121.2

119.5

119.1

121.4

122.6

123.9

118.2

124.2

125.1

124.4

121.9

120.1

116.2
123.1

116.6
123.7

118.1
124.7

119.3
126.1

113.9
120.3

117.9
127.2

118.5
128.3

119.2
126.9

117.8
123.9

115.0
122.5

127.0
105.5
115.5
105.8

127.2
107.6
112.4
105.8

128.2
106.7
115.0
105.5

129.5
108.3
112.7
106.9

131.2
108.8
111.7
108.1

121.2
105.8
110.4
105.7

128.5
109.8
120.6
110.4

130.4
110.9
118.4
108.4

131.0
112.3
116.5
110.3

129.1
106.7
112.4
107.5

128.3
101.3
110.2
102.5

112.7
116.1
104.7
108.0
111.7

113.5
113.0
107.0
113.6
112.4

116.0
118.2
109.9
112.7
111.6

115.8
118.6
109.0
111.8
112.4

117.9
120.1
114.2
114.7
113.4

121.0
124.8
118.2
115.7
114.1

109.1
114.2
102.6
102.2
111.5

111.6
110.6
104.2
112.2
114.9

117.3
119.8
108.8
113.7
115.1

116.7
119.7
109.7
112.5
114.5

116.5
119.5
111.9
112.4
114.0

115.1
117.6
111.0
111.6
113.3

124.6
172.8
121.9

160.6
282.6
161.5

162.6
288.9
164.1

164.6
295.8
165.0

166.6
301.1
167.1

167.9
307.0
169.6

169.7
313.0
173.4

164.6
297.4
158.0

167.8
310.1
164.8

169.3
307.7
168.2

167.2
311.5
169.4

163.4
296.8
171.3

164.5
300.7
174.5

372-6,9
38
39

9.6
4.8
2.5
4.8
5.4
1.3

105.1
107.4
101.9
103.0
106.3
106.3

105.7
129.6
120.8
82.8
108.5
118.6

109.5
138.1
131.9
82.3
108.7
117.1

108.8
137.4
128.4
81.4
108.0
117.0

109.3
138.4
128.6
81.5
108.6
118.4

111.1
141.5
132.8
82.0
108.1
118.8

113.2
145.0
138.4
82.8
108.7
118.1

89.0
97.1
71.8
81.1
109.7
114.0

107.9
136.4
131.2
80.6
110.2
118.2

110.8
141.0
134.5
81.9
111.5
119.6

114.9
149.0
147.6
82.3
109.6
122.9

111.2
140.5
131.6
83.2
108.1
122.7

109.0
133.9
118.3
85.1
108.1
119.4

20
21
22
23
26

40.5
9.4
1.6
1.8
2.2
3.6

106.5
107.0
96.5
103.9
95.0
108.9

113.6
113.4
93.7
109.4
97.0
116.6

114.0
113.7
96.2
109.0
96.8
120.2

113.7
114.6
96.1
108.3
96.8
118.7

113.8
113.0
97.7
110.4
97.1
118.9

115.0
114.5
95.2
111.4
96.4
121.3

115.8
115.1
97.1
113.3
96.9
121.6

114.7
115.5
79.3
106.9
95.2
114.3

119.2
120.6
106.5
113.8
100.1
120.7

119.2
122.2
103.1
112.3
100.1
118.9

117.0
119.0
109.5
114.9
98.9
121.4

114.0
114.7
94.7
109.5
97.0
120.0

111.0
111.2
75.3
101.9
96.2
114.6

27
28
29
30
31

6.8
9.9
1.4
3.5
.3

97.2
114.7
102.1
115.6
89.0

102.1
124.7
104.3
134.5
86.3

101.5
124.7
105.2
134.5
85.5

100.9
123.7
105.3
134.7
85.4

101.6
123.7
103.9
136.3
85.6

102.5
125.3
106.5
138.2
84.9

102.7
126.3
106.9
139.8
85.1

106.4
129.5
109.0
129.9
81.5

107.2
131.0
109.9
135.2
87.3

106.9
130.5
109.4
136.9
87.5

102.5
125.3
106.2
138.8
87.4

100.9
122.5
108.5
138.2
86.7

100.7
120.8
107.2
138.0
85.6

10
12
13
14

6.8
.4
1.0
4.7
.6

98.9
163.8
108.2
93.2
99.0

100.1
159.5
108.6
93.9
107.9

100.0
156.6
111.4
93.5
106.6

100.1
160.0
110.7
93.7
106.7

99.2
161.4
110.2
92.1
109.1

98.7
160.3
110.1
91.3
110.5

99.9
161.5
117.6
91.4
111.8

98.0
159.3
100.8
91.6
115.7

100.0
157.3
116.3
91.7
115.2

100.5
161.9
113.9
92.6
115.2

101.2
156.6
114.6
93.5
116.1

101.2
158.9
113.1
94.1
112.7

100.6
159.6
112.3
94.0
107.3

491,3pt
492,3pt

7.7
6.1
1.6

111.9
111.7
112.7

119.0
119.0
118.9

118.8
118.4
120.4

116.5
117.1
114.2

117.2
117.9
114.5

115.8
116.2
114.2

114.9
115.2
113.8

120.9
133.8
70.3

118.5
130.9
69.7

109.4
120.1
67.1

104.6
109.6
84.8

110.5
108.5
118.6

126.8
116.6
166.8

80.7
83.8

108.1
106.2

119.2
116.6

119.8
117.6

119.9
117.5

120.4
118.0

121.5
119.1

122.6
120.3

119.5
114.8

123.4
120.6

124.2
121.7

123.0
120.9

120.8
118.6

119.3
116.7

11.2
6.0
5.2
4.9
0.3

12.2
6.4
5.9
5.5
0.3

11.9
6.3
5.7
5.3
0.4

11.9
6.4
5.5
5.1
0.4

12.3
6.5
5.8
5.4
0.4

12.7
7.0
5.8
5.5
0.3

6.5
3.4
3.1
2.9
0.2

13.0
6.5
6.5
6.1
0.4

12.6
6.7
5.9
5.6
0.3

13.2
7.1
6.1
5.7
0.4

12.4
6.6
5.7
5.4
0.3

11.1
6.2
4.9
4.6
0.3

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

24
25
32

33
Primary metals
Iron and steel
331,2
Raw steel
333-6,9
Nonferrous
34 |
Fabricated metal products
Industrial machinery
and equipment
35
Computer and office equip
357
Electrical machinery
36
37
371

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

Not seasonally adjusted

1994
July

Item

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

Seasonally Adjusted

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Memo: Motor vehicle assemblies2
Total
Autos
Trucks
Light
Heavy and medium

1. Proportion as a share of the value added for the total index.
2. Millions of units at an annual rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, 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.




6

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

SIC

Item

1993Q4
to
1994Q4

Seasonally adjustec
annual rate
Seasonallyadjusted
1994
1994
r
Q1
Q2
Q4P ?ept/
Opt/ Nov.r Dec.P
Q3

Not seasonally adjusted
1994
Sept/
Oct/ Nov/ Dec.P

Dec. 93
to
Dec. 94

Total index

5.9

7.1

6.0

4.9

5.4

-.1

.4

.7

1.0

.2

-.8

-1.4

-.4

5.8

Manufacturing

6.8

7.2

7.3

5.5

7.3

.0

.4

1.0

1.0

.8

-.6

-2.0

-1.5

6.7

6.0
7.2

4.0
8.6

8.2
6.9

4.5
5.9

7.3
7.2

.0
.0

.3
.5

1.4
.9

1.0
1.1

.6
.9

.5
-1.1

-1.1
-2.4

-2.4
-1.1

5.7
7.2

8.7
4.1
6.9
5.0

9.5
2.7
4.9
2.6

7.1
3.9
14.3
10.2

8.0
4.9
12.4
1.2

10.3
5.0
-3.0
6.1

.2
1.9
-2.7
.1

.8
-.8
2.3
-.3

1.0
1.4
-2.0
1.3

1.3
.5
-.8
1.2

1.5
1.0
-1.8
-1.8

.5
1.3
-1.6
1.7

-1.5
-5.0
-3.5
-2.5

-.6
-5.1
-2.0
-4.7

8.2
4.0
4.4
3.6

7.8
5.7
5.3
10.5
7.3

3.1
-.6
-12.3
8.3
7.2

14.7
21.5
- 4.5
6.3
9.6

-1.3
-14.0
5.6
18.0
7.3

15.4
20.1
26.9
9.8
5.1

2.2
4.7
2.7
-.8
-.8

-.2
.3
-.8
-.8
.7

1.8
1.3
4.7
2.6
.9

2.6
3.9
3.5
.9
.6

5.1
8.3
4.5
1.3
.1

-.5
-.1
.8
-1.1
-.5

-.2
-.2
1.9
-.1
-.5

-1.2
-1.6
-.8
-.7
-.6

6.6
5.2
6.6
8.5
6.5

13.6
20.6
16.9

11.5
22.8
14.0

15.3
7.6
18.5

13.5
25.8
18.4

14.1
27.2
16.9

1.2
2.4
.5

1.2
1.8
1.3

.7
2.0
1.5

1.1
2.0
2.2

.9
-.8
2.1

-1.3
1.2
.7

-2.3
-4.7
1.1

.7
1.3
1.9

12.1
19.2
17.7

372-6,9
38
39

3.2
8.1
6.1
-4.1
3.3
6.3

13.5
30.2
42.4
-8.2
5.5
7.2

-10.5
-17.8
-26.9
2.1
.8
7.5

-.8
5.1
.5
-9.3
7.0
7.4

12.5
21.2:
21.1
-.3
.1
2.9

-.7
-.5
-2.6
-1.1
-.7
-.1

.5
.8
.2
.1
.6
1.2

1.6
2.2
3.2
.6
-.5
.4

1.9
2.5
4.3
1.0
.6
-.6

2.7
3.4
2.5
1.7
1.2
1.2

3.7
5.7
9.8
.5
-1.7
2.7

-3.3
-5.8
-10.9
1.1
-1.4
-.1

-2.0
-4.7
-10.1
2.3
.1
-2.7

3.1
6.7
4.6
-2.5
3.6
5.1

20
21
22
23
26

4.6
3.7
17.2
5.6
2.6
3.8

4.5
2.9
49.5
3.8
1.5
-3.3

7.5
5.8
30.6
7.5
8.9
2.6

2.6
5.2
-8.6
.6
.6
9.2

3.7
1.0
5.6
10.7
-.3
7.2

-.3
.7
-.1
-.7
.0
-1.3

.1
-1.4
1.6
2.0
.3
.2

1.0
1.3
-2.5
.9
-.7
2.0

.7
.5
2.0
1.6
.5
.2

.0
1.3
-3.2
-1.3
.0
-1.5

-1.8
-2.7
6.3
2.3
-1.2
2.2

-2.6
-3.6
-13.5
-4.7
-1.9
-1.2

-2.7
-3.0
-20.5
-6.9
-.9
-4.5

4.9
4.3
11.7
7.2
2.3
3.4

27
28
29
30
31

3.2
3.9
-.3
9.9
-1.1

1.6
5.8
-8.5
11.5
1.4

10.1
5.0
10.4
9.1
-.3

-1.6
2.5
-5.2
8.1
-2.8

3.1
2.4
3.3
10.9
-2.5

-.6
-.8
.1
.1
-.1

.7
.0
-1.3
1.2
.2

.9
1.2
2.6
1.4
-.7

.2
.9
.4
1.1
.2

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

-4.2
^.0
-2.9
1.4
-.1

-1.5
-2.2
2.2
-.5
-.9

-.2
-1.4
-1.1
-.2
-1.3

3.9
4.5
1.7
9.7
-1.8

10
12
13
14

.9
-2.3
9.2
-1.4
7.6

3.7
-2.9
31.0
-1.2
6.6

5.7
-11.6
15.1
4.9
8.6

-2.3
.0
-13.7
-.4
2.0

-3.3
6.1
9.1
-8.6
13.3

.1
2.1
-.7
.2
.1

-.9
.9
-.4
-1.6
2.3

-.5
-.7
-.1
-.8
1.3

1.2
.8
6.8
.0
1.2

.5
2.9
-2.1
1.0
.0

.7
-3.3
.6
1.0
.8

.0
1.5
-1.3
.6
-3.0

-.6
.4
-.7
-.1
-4.8

1.5
-3.8
12.3
-1.2
8.5

491,3pt
492,3pt

.0
1.1
-4.4

11.7
8.8
23.5

-6.7
1.4
-32.6

3.1
.5
14.1

-7.0
-5.8
-11.9

-1.9
-1.1
-5.1

.6
.7
.3

-1.3
-1.5
-.3

-.8
-.9
-.4

-7.7
-8.2
-3.6

-4.4
-8.7
26.4

5.6
-1.1
39.8

14.7
7.5
40.6

-.6
.0
-2.8

6.7
6.4

5.7
6.7

9.3
7.3

5.5
4.9

6.4
6.7

.0
-.1

.4
.4

.9
1.0

.9
1.0

.6
.8

-1.0
-.6

-1.7
-1.9

-1.3 i
-1.6 !

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

24
25
32

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

37
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
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

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




7

6.7
6.3

Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1994 j
Proportion

19671994
Ave.

1973
High

19781980
High

1982
Low

19881989
High

19901991
Low

1993
Dec.

1994
July

Aug.

Sept/

Oct/

Nov/

Dec.P

Total industry

100.0

82.0

89.2

87.3

71.8

84.9

78.0

82.9

84.1

84.5

84.2

84.3

84.7

85.4

Manufacturing

87.1

81.3

88.9

87.3

70.0

85.2

76.6

82.2

83.3

83.8

83.6

83.8

84.4

85.1

25.5
61.6

82.5
80.7

92.2
87.5

89.7
86.3

66.8
71.4

89.0
83.5

77.9
76.2

86.9
80.3

87.7
81.5

88.3
82.1

88.2
81.8

88.3
82.0

89.3
82.5

90.0
83.1

47.7
1.8
1.4
2.1

79.3
83.4
81.8
78.0

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
93.3
86.8
83.8

73.7
78.3
71.0
71.5

81.9
91.1
80.7
81.4

82.8
92.2
84.5
80.6

83.7
91.0
85.4
81.6

83.6
92.6
82.9
81.5

84.0
91.8
84.6
81.2

84.6
93.0
82.7
82.2

85.5
93.3
81.8
83.0

80.4
80.2
79.7
81.1
73.0
88.9

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

92.8
95.7
92.7
88.7
85.9
100.4

74.0
72.1
71.4
75.0
73.6
97.3

91.0
93.2
93.0
88.4
87.0
82.9

90.0
90.5
88.9
89.6
88.8
77.4

90.7
88.0
90.9
94.2
89.1
77.8

92.6
92.0
93.6
93.5
85.3
78.2

92.4
92.2
93.0
92.7
84.0
77.9

94.0
93.2
97.5
95.2
81.9
77.9

96.4
96.8

333-6,9
3331
3334

2.9
1.6
0.1
1.3
0.1
0.1

34

5.2

77.5

87.8

83.9

62.9

82.0

71.8

80.7

83.7

84.2

83.5

84.0

84.7

85.2

35
357
36

8.8
2.4
8.3

81.2
80.9
80.6

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

84.0
84.4
84.9

72.5
64.5
76.6

86.5
88.4
85.1

88.9
87.3
88.4

89.5
88.2
89.2

90.2
89.2
88.9

90.9
89.8
89.4

91.2
90.5
90.1

91.7
91.2
91.4

37
371

75.0
76.1

83.8
93.4

372-6,9
38
39

10.1
5.5
2.8
4.6
5.5
1.5

75.3
81.9
75.5

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

84.4
85.1
89.1
88.4
81.2
80.1

70.2
57.6
53.3
79.4
76.7
73.5

77.0
87.3
90.9
65.1
74.6
74.3

73.3
81.1
80.8
63.9
76.6
76.7

75.8
86.1
87.8
63.6
76.6
75.6

75.2
85.3
85.1
62.9
76.0
75.3

75.4
85.7
84.9
63.1
76.4
75.9

76.5
87.2
87.3
63.5
75.9
76.0

77.8
89.1
90.7
64.2
76.3
75.3

20
22
23
26
261-3
27

39.3
9.3
1.6
2.1
3.2
1.3
6.8

83.5
82.3
86.2
81.1
89.8
92.4
86.1

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

86.7
83.3
92.1
84.2
94.8
98.1
92.3

80.4
80.5
78.9
75.1
86.5
89.6
78.7

82.7
81.0
88.3
79.4
93.6
94.6
78.4

84.0
82.3
90.3
81.1
91.8
93.2
80.4

84.1
82.4
89.8
80.9
94.6
97.4
79.9

83.8
82.9
89.0
80.9
93.2
95.8
79.4

83.6
81.7
90.6
81.1
93.2
94.8
79.8

84.4
82.6
91.3
80.5
94.9
96.2
80.5

84.8
82.8
92.6
80.9
95.0
95.7
80.6

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

10.1
0.7
0.4
1.2
3.4
0.2

80.0
86.2
85.0
85.7
84.1
82.0

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

78.9
74.8
76.8
83.7
78.4
74.7

80.8
94.4
84.4
91.0
88.4
83.1

81.6
97.9
89.8
90.5
90.8
83.8

81.4
97.3
96.4
91.4
90.4
83.2

80.4
95.7
91.1
91.4
90.2
83.2

80.2
93.3
92.2
90.3
90.9
83.5

81.0

81.4

90.7
92.6
91.9
83.1

92.9
92.6
83.3

5.8
0.4
1.0
4.0
0.6
0.5

87.4
78.4
86.9
88.1
72.7
84.5

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

86.5
87.9
91.4
86.1
60.7
90.0

88.2
86.0
80.6
86.5
82.9
80.6
86.8
90.3
53.6 I 73.4
79.4
87.0

89.8
82.0
83.1
91.9
78.6
91.2

89.7
80.5
85.1
91.5
75.3
90.1

89.8
82.2
84.5
91.7
78.9
90.2

89.0
82.9
84.1
90.2
74.2
92.2

88.5
82.3
83.9
89.5
72.3
93.4

89.6
82.9
89.6
89.5
72.3
94.5

7.1
5.6
1.5

86.7
88.8
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.2 i 86.1
86.5
87.4
68.3
81.3

88.0
89.5
82.4

87.8
89.0
83.4

86.0
87.9
79.1

86.4
88.4
79.3

85.3
87.0
79.1

84.5
86.1
78.8

Item

SIC

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

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

24
25
32

33
331,2

10
12
13 I
138 !
14
491,3pt
492,3pt

96.0
86.6
79.0

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES
Percent change
Annual rate
I
Jecembisr to December
1WF- 1967- 19751994 1975 1994
SIC
Ave.
Ave.
Ave. 1990 1991 1992 1993 1994

Item

1.9

1.9

2.1

2.1

2.8

Capacity indexes
Percent of 1987 outDUt
1993
Dec.

1994
July

Aug.

Sept.

Oct.

Nov.

Dec.

2.8

3.7

2.4

138.4

140.6

140.9

141.3

141.6

141.9

142.2

3.2

3.9

2.9

2.1

2.1

2.4

2.4

3.1

141.3

143.8

144.2

144.5

144.9

145.3

145.6

2.1
3.8

4.0
3.9

1.3
3.7

1.7
2.2

1.2
2.6

1.4
2.9

1.4
2.8

2.0
3.5

129.9
146.5

131.4
149.5

131.6
150.0

131.8
150.4

132.1
150.8

132.3
151.3

132.5
151.7

3.5
1.7
3.1
1.4

3.7
2.9
4.5
2.5

3.4
1.1
2.4
.8

2.1
.6
2.2
.6

2.5
-.4
.8
.2

2.6
.4
1.7
.5

2.6
.7
2.4
1.0

3.7
1.6
2.9
1.6

148.0
114.8
132.7
128.2

151.2
115.8
134.9
129.4

151.6
116.0
135.2
129.6

152.1
116.2
135.5
129.8

152.6
116.3
135.9
129.9

153.0
116.5
136.2
130.1

153.5
116.6
136.5
130.3

333-6,9
3331
3334

-.1
-.9
-1.3
1.3
.3
1.3

1.7
.7
.3
3.6
1.8
5.2

-.9
-1.6
-2.1
.2
-.4
-.4

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

-.7
-1.4
-1.7
.4
6.5
.6

-1.1
-2.4
-2.7
.7
8.0
.3

-.5
-.8
-3.8
-.1
5.1
.5

.7
1.2
-2.0
.0
1.2
.0

124.6
127.3
119.3
120.6
158.4
125.0

125.1
128.2
117.9
120.5
159.6
125.0

125.2
128.4
117.7
120.5
159.7
125.0

125.3
128.5
117.5
120.5
159.9
125.0

125.3
128.6
117.3
120.5
160.0
125.0

125.4
128.8
117.1
120.5
160.1
125.0

125.5
128.9
116.9
120.5
160.3
125.0

34

1.6

3.1

.9

.3

.4

.9

.9

1.0

132.7

133.4

133.5

133.6

133.7

133.8

133.9

35
357
36

6.4
20.0
5.6

4.7
12.0
6.1

7.2
24.0
5.5

4.9
15.8
3.5

5.5
15.3
5.9

4.7
15.6
6.6

4.3
14.3
7.6

5.8
15.5
9.5

174.9
297.0
173.2

180.7
323.7
182.7

181.6
327.6
184.1

182.4
331.5
185.5

183.3
335.4
186.9

184.1
339.2
188.3

185.0
343.1
189.7

37
371

2.5
3.2

3.0
4.5

2.3
2.5

372-6,9
38
39

1.8
5.0
2.3

1.3
7.6
4.4

2.0
3.8
1.3

.9
1.4
.6
.6
1.2
1.6

1.4
3.1
1.1
-.3
1.2
1.5

1.5
3.2
2.5
-.3
1.2
3.7

.5
2.4
.7
-1.7
1.3
3.1

2.0
4.6
4.9
-1.1
1.4
3.6

142.6
155.6
145.5
130.4
140.6
151.3

144.2
159.7
149.6
129.5
141.7
154.5

144.5
160.3
150.2
129.4
141.9
154.9

144.7
161.0
150.8
129.3
142.0
155.4

145.0
161.6
151.4
129.2
142.2
155.9

145.2
162.2
152.1
129.1
142.4
156.3

145.4
162.8
152.7
129.0
142.5
156.8

20
22
23
26
261-3
27

2.9
2.5
2.0
1.3
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.3
1.0
.8
2.1
2.1
3.2

2.1
1.4
1.6
.1
3.0
2.7
2.9

1.7
1.9
.4
-.4
2.3
2.9
1.1

2.3
2.2
1.3
1.1
1.9
2.2
1.8

2.2
2.2
1.8
-.1
1.6
1.6
1.7

2.3
2.0
2.1
.5
1.8
2.0
1.1

133.5
136.1
119.7
119.2
125.6
123.0
126.1

135.3
137.7
121.2
119.6
127.0
124.4
126.9

135.5
138.0
121.4
119.6
127.1
124.7
127.0

135.8
138.2
121.6
119.7
127.3
124.9
127.1

136.0
138.4
121.8
119.8
127.5
125.1
127.2

136.3
138.7
122.0
119.8
127.7
125.3
127.3

136.5
138.9
122.3
119.9
127.9
125.5
127.4

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

3.9
6.5
4.2
1.5
5.5
-3.3

6.8
12.7
9.7
4.2
8.6
-1.5

2.6
3.8
1.8
.2
4.1
-4.1

2.5
2.5
1.2
1.0
4.0
-3.5

2.6
1.0
1.5
-1.0
3.4
-3.8

3.6
1.1
5.0
-1.3
4.5
-2.3

3.3
1.8
1.5
-.5
4.4
-2.8

3.8
2.5
3.6
-.4
4.7
-2.1

149.6
128.7
128.8
115.5
144.2
104.3

152.8
130.5
131.4
115.2
148.2
103.0

153.3
130.8
131.8
115.2
148.8
102.8

153.8
131.1
132.2
115.1
149.3
102.6

154.3
131.3
132.6
115.1
149.9
102.5

154.7
131.6
133.0
115.1
150.5
102.3

155.2
131.9
133.4
115.0
151.0
102.1

.0
1.4
2.5
-.6
•3
.8

-.1
.7
2.5
-1.0
.8
2.6

.1
1.7
2.5
-.4
.1
.0

-1.1
4.6
2.1
-2.5
-9.5
-.1

-.2
2.1
2.1
-.9
-5.5
-.5

-1.2
2.5
.9
-2.3
-8.2
.6

-1.4
1.6
1.1
-2.4
-9.4
-.1

-.1
.4
1.1
-.4
-1.0
-.2

111.5
194.1
129.9
102.5
120.0
118.5

111.5
194.6
130.8
102.2
119.1
118.4

111.5
194.6
130.9
102.2
119.1
118.4

111.5
194.7
131.0
102.1
119.0
118.3

111.5
194.8
131.1
102.1
118.9
118.3

111.4
194.8
131.3
102.1
118.9
118.3

111.4
194.9
131.4
102.1
118.8
118.3

2.9
4.0

6.0
7.8
2.3

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

1.2
1.5
.3

134.3
131.8
144.0

135.2
132.9
144.3

135.4
133.1
144.3

135.5
133.3
144.4

135.7
133.4
144.4

135.8
133.6
144.4

135.9
133.8
144.5

Total industry
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
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

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

24
25
32

33
331,2

10
12 |
13
138
14
I
491,3pt I
492,3pt i

-3

1.5 I
2.3
-.6

1. Series begins in 1977.




9

Table SA
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA
Seasonally adjusted
Au

9-

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

-.6
1.8
,4
-.3
.5

-.5
1.4
.5
.2

-.7
1.7
-.1
.5
.1

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

-.3
.2
.0
.4
.7

-.9
.5
-.6
1.0
.6

-6.8
5.7
11.2
2.4
2.4

-3.1
11.1
7.7
3.8
-3.4

-6.0
17.8
4.0
.1
1.3

-8.0
11.2
-3.4
1.2
5.8

-4.4
3.7
9.3
1.7
.9

.9
.0
-.3
.2
.9

.4
.6
-1.0
-.2
.3

.3
.6
.5
.3
.1

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

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

.1
.6
.4
-1.3
.0

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

5.5
3.8
3.9
2.1
-8.1

8.1
3.0
.3
1.1
1.7

5.2
2.9
-4.4
1.6
6.3

6.5
3.0
-.2
-5.2
1.5

4.9
4.4
1.5
.0
-1.7

.5
-.2
.5

-.3
.3
.6

.9
.4
.2

-.1
.2
.8

.2
.3
-.1

.6
.1
.4

1.0
.9
.7

.5
.9
1.0

.9
5.1
7.1

5.8
.7
6.0

3.4
3.3
4.9

6.2
5.3
5.4

3.2
4.1
5.4

83,2
82.3
92.4
94.5
94.8

82.7
83.2
93.0
94.7
94.7

82.4
83.7
93,5
94.4
94.3

82.0
85.3
93.9
94.1
94.8

81.6
86.5
94.0
94,5
94.9

81.0
87.9
93.9
95.0
95.0

80.3
88.6
93.2
94.2
95,6

80.0
88.8
93.3
94.6
96.3

79.3
89.2
92.8
95.6
96.8

83.4
80.9
91.3
93.6
95.4

82.8
83.1
93.0
94.5
94.6

81.5
86.6
93.9
94.6
94.9

79.8
88.9
93.1
94.8
96,2

81.9
84.9
92.8
94,4
95,3

98.2
103.4
107,1
106.4
102.1

98.8
104.3
107.1
105.7
102,6

99.4
104.0
106.7
106,5
103.5

100.3
104.0
106.4
106.7
104.4

100.6
104.6
105.3
106.5
104.7

100.9
105.2
105.8
106.8
104.8

100.7
104.7
105.4
106.8
105.7

102.1
105.0
105.0
106.3
105.6

102.2
105.6
105.4
105.0
105.6

102.8
106,3
106.1
104.5
105.2

97.5
103.3
106.6
106.0
103.1

99.5
104.1
106,7
106.3
103.5

100.8
104.8
105.5
106.7
105.1

102.3
105,6
105,5
105.3
105.5

100.0
104.4
106.0
106.0
104.3

105.8
111.3
115.6

106.4
111.4
118.8

106,9
111.4
116.7

107.5
111.1
117.4

107.2
111.5
118.0

108.1
112.0
118.2

108.0
112.2
119.1

108.2
112.5
119.0

108.8
112.7
119.4

109.9
113.7
120.3

110.4
114.7
121.4

105.7
111.1
115.7

107.2
111.3
117.4

108.1
112.2
118.8

109.7
113,7
120.4

107.8
112.0
118,1

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116,2
119.4

108.3
111.1
113.7
116.5
119.6

108.6
111.3
113.9
116.8
119,8

108.8
111.6
114.2
117.1
120.0

109.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
120.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120,8

110.0
112.6
115.3
118.4
121.0

110.2
112.8
115,5
118.7
121.2

110.5
113.1
115.7
119.0
121.4

108.1
110.9
113.5
116.2
119.4

108.8
111.6
114.2
117.1
120.0

109.5
112.2
114.8
117.9
120.6

110.2
112.8
115,5
118.7
121.2

109.2
111 9
114.5
117.5
120.3

1987
1988
1989
1990
1991

121.6
123.9
125.7
128.1
130.5

121.8
124.1
125.9
128.3
130,7

122.0
124.2
126.1
128.5
130.9

122.2
124.4
126.3
128.7
131.1

122.4
124.5
126.5
128.9
131.3

122.6
124.7
126.7
129,1
131.5

122.8
124.8
126.9
129.3
131.7

123.0
125 0
127.1
129.5
132.0

123.2
125.1
127,3
129.7
132.2

123.4
125.3
127.5
129.9
132.4

123.6
125.4
127.7
13-.U
-. " r \ 6

123,8
125.5
127.9
130.3
132.8

121.8
124.1
125.9
128.3
130.7

122.4
124.5
126.5
128,9
131.3

123.0
125.0
127.1
129.5
132.0

123,6
125.4
127.7
130.1
132.6

122,7
124.7
128.8
129.2
131,6

1992
1993
1994

133.0
135.8
138.7

133.3
136.1
139,0

133.5
136,3
139,3

133.7
136.5
139.7

134.0
136.8
140,0

134.2
137.0
140.3

134.4
137.2
140.6

134.7
137.5
140.9

134.9
137.7
141.3

135.1
137.9
141.6

135.4
138,2
141.9

135.6
138.4
142.2

133.3
136.1
139.0

134.0
138.8
140.0

134,7
137.5
140.9

135.4
138.2
141.9

134.3
137,1
140,5

76.4
73.0
80.4
80.3
80.6

77.9
72.8
80.1
80.7
79.9

77.3
73.2
80.8
80.7
79.1

76.7
73.9
81.1
80.9
79.1

76.0
74.6
81,5
80.9
78.9

75.6
74.9
81.8
80.5
78.4

75.0
76.1
81.9
80.0
78.7

74.5
77.1
81.8
80.2
78,7

73.8
78.2
81.6
80.4
78.7

73.0
78.7
80.9
79.6
79.1

72.6
78.7
80.8
79.7
79.4

71.8
78.9
80.2
80.4
79.8

77.2
73.0
80.4
80.6
79.9

76.1
74.5
81.4
80.7
78.8

74.4
77.2
81.8
80.2
78.7

72.4
78.8
80.6
79.9
79.4

75.0
75.8
81.1
80.3
79.2

1987
1988
1989
1990
1991

79.3
83.2
84.8
82.4
79.7

80.3
83.3
84.3
82.7
78.9

80.5
83.2
84.9
82.8
78.0

80.8
83.8
84.8
82.1
78.3

81.2
83.5
84.3
82.6
78.8

81.8
83.4
83.9
82.6
79.4

81.9
83.8
83.0
82.4
79.5

82.0
84.2
83.3
82.5
79.4

81.8
83.7
82.8
82.4
80.0

82.7
83.8
82.3
81.8
79.8

82.7
84.2
82.5
80.7
79.6

83.1
84.6
82.9
80.2
79.2

80.1
83.3
84.7
82.6
78.9

81.3
83.6
84.3
82.5
78.8

81.9
83.9
83.0
82.4
79.6

82.8
84.2
82.6
80.9
79.6

81.5
33.7
83.7
82.1
79.2

1992
1993
1994

78.8
81.5
82.7

79.4
81.8
83.2

79,7
81.7
83.7

80.0
81.6
83.6

80.3
81.2
83.8

79.9
81.4
84.1

80.4
81.6
84.1

80.2
81.6
84.5

80.2
81.7
84.2

80.6
81.7
84.3

81.2
82.3
84.7

81.5
82.9
85.4

79.3
81.7
83.2

80.0
81.4
83.8

80.3
81.6
84.3

81.1
82.3
84.8

80.2
81.7
84.0

Jan.

Feb.

Mar.

Apr.

May

June

July

Industrial
Production,
Percent
Change 1
1982
1983
1984
1985
1986

-2.0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
.4
,2

-.6
1.1
.7
.2
.0

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

1987
1988
1989
1990
1991

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

1.4
.2
-.5
.5
-.9

.4
.0
.9
.3
-1.0

.5
.8
.0
-.7
.5

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

1992
1993
1994

-.3
.2
.0

.9
.6
.8

.8
.1
.9

.5
.0
.1

Industrial
Production
1982
1983
1984
1985
1986

82.4
80.8
91.0
93.1
96.1

84.2
80.7
90.9
93.8
95.5

83.7
81.3
91,9
94.1
94.6

1987
1988
1989
1990
1991

96.5
103.2
106.8
105.5
104.0

97.9
103.4
106.2
106.1
103.1

1992
1993
1994

104.9
110.6
114.7

Capacity
1982
1983
1984
1985
1986

Year

Utilization
1982
1983
1984
1985
1986

-i

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



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

Year

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

-1.6
2.2
2.3
.1
1.3

2.9
.4
.6
.6
-.4

-.7
1.4
.9
.7
-1.0

-1.0
1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

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

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
-.1
.2
.3

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

-.4
.5
.0
1.3
.5

-.5
.1
-.4
.1
1.0

-4.9
10.4
13.3
1.7
4.6

-2.8
13.8
6.9
5.1
.1

-4.8
17.5
4.7
1.0
3.5

-7.5
12.5
-.3
2.4
7.2

-4.6
5.6
10.4
2.6
2.9

-.6
.2
.8
-.1
-.8

1.7
.1
-.9
.9
-.9

.5
.2
.6
.4
-1.1

.4
.7
.2
-.9
.6

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

.9
.0
-.2
.0
1.0

.4
.5
-1.2
-.3
.4

.0
.4
.4
.5
.2

.2
.0
-.4
-.1
1.1

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

.4
.9
.3
-1.2
-.1

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

6.3
3.6
4.3
3.7
-9.3

8.6
3.3
-.3
.2
1.3

5.6
3.0
-5.3
1.0
7.6

6.8
4.4
-1.3
-5.5
2.1

6.0
4.7
1.6
-.3
-2.0

-.2
.5
-.3

1.0
.5
.8

.7
.1
1.1

.4
.1
.3

.5
-.2
.5

-.2
.2
.3

.9
.5
.4

.0
.1
.9

.1
.4
.0

.5
.1
.4

1.1
1.1
1.0

.4
1.1
1.0

2.4
6.1
7.2

6.0
1.3
7.3

4.1
2.9
5.5

6.0
6.4
7.3

3.9
4.5
6.0

76.6
76.2
87.1
89 9
94 ,

78.8
76.5
37.6
90 4
93 6

78.2
77.6
38.3
VI 1
92 7

77.4
78.3
33.7
91 4
9'j 5

77.3
79.4
89-1
92.0
93.6

77.2
80.0
89.7
91.5
93.3

76.8
81,2
90.1
91.3
93.9

76.4
82,3
903
92.0
94.4

75.9
84.1
90.2
92.3
94.8

75.2
84.7
90.2
91.8
95.3

74.9
85.1
90.2
92.8
95.8

74.5
85.2
89.8
92.8
96.7

77.9
76.8
87.7
90.5
93.5

77.3
79.3
89.2
91.6
93.5

76.4
82.5
90.2
91.9
94.3

74.9
85.0
90.1
92.4
95.9

76.6
80.9
89.3
91.6
94.3

9C2
'03?
<f|7 ',

~-'\8
•C3 4

3%i
* .j.-?"
i07:

98.7
•04.3

39.4
-.04.2
': •"* v 1
106.6
102.8

100,3
104.2
106.8
106.6
103.9

100/7
104.7
105.5
106.3
104.4

100.7
105.1
108.0
106.9
104.5

..iO.j
' j\5.r.
1; ": 6
^6 3
105.7

102.0
105.3
105.1
108.2
105.5

102.4
106.2
105.4
104.9
105.4

103.0
106.8
105.6
104.4
105.3

97.4
103.4
107.2
106.3
102.6

99.4
104.2
107.2
106.4
103.0

100.8
105.0
105.7
106.6
104.9

102.5
106.1
105.4
105.1
105.4

100.0
104.7
106.4
106.1
103.9

Production,
Percent
Change1
j
1982
1983
1984
1985
S
1986
|
1987
1988

!
j

1989

I

1990
1991

!

1992
1993
1994
Industrial
Production
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
^994
Capacity
1982

r\3
i-f

:

1°**'r
i :^o

*-~'

!
|

i
|
!
;

i

":o5
'0;,o
106 "
*
'11 r
ilb.fa

1 JO S
1

'"O

;i~, r,

*6

'7" '
*24 ^
io«R "

H

06.'
ir6*"«

7

\,r "

:07C
</! c

.6
*G?C
'02 1

'0C •
^2 0
H 6 7

-£ 3
112 2
H8.0

10/ 3
11'? 3
'18.4

107.8
112.1
119.0

107.7
112.3
119.3

108.6
112.9
119.8

108.6
112.9
120.9

108.7
113.4
120.9

109.3
113.6
121.4

110.5
114.8
122.8

110.9
116.1
123.9

106.0
111.9
116.8

107.6
112.3
118.9

108.7
113.1
120.5

110.3
114.8
122.6

108.0
112.9
119.7

)r<2
i oe c
i g -r

^04 4

105.1
107.8
H0.9
11s 0
119.1

105.3
108.0
1
11.L
115'
IIQ
j

105.8
108.5
-1 3
' 0.1
,99

106.0
108.7
••12 1
4
16.5
.20 2

106.3
108.9
112.4
116.9
120.5

106.5
109.1
112.7
117.2
120.8

104.2
106.9
109.7
113.4
117.9

104.9
107.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

106.3
108.9
112.4

13

104.9
107.6
•10 6
'"4."
1 i 6.8

105-6
108.3

'ir *
1
- ;)

104 6
107 4
i
1rv 3
<M2
-•13 5

116.9
120.5

105.2
107.9
111.1
115.2
119.2

122 '
<25.3
127 3

T";: 4
:;t, 3

nc /

/ ) C,

32.8

112 4
125 1
127.7
130,5
133.2

' i

124.9
'27 *
A
30 3
133.0

133 -

> .37

123.7
126 0
118.9
131.6
134.4

123.9
128.2
129.2
131.8
134.6

121.5
124.3
126.7
129.6
132.3

122.2
124.9
127.4
130.3
133.0

122.9
125.5
128.2
130.9
133.7

123.7
126.0
128.9
131.6
134.4

122.6
125.2
127.8
130.6
133.4

140,^
144.2

>n . ;
1 *v r -;

14-1.9

137.7
141.0
145.3

137.9
141.3
145.6

135.2
138.5
142.0

136.0
139.3
143.1

136.8
140.2
144.2

137.7
141.0
145.3

136.4
139.7
143.6

71,7

70^)
77.9
80.5
7? i ,6
79.3

70.5
78.1
80.3
79.4
79.5

70.0
78.0
79.7
79.2
80.0

74.7
71.8
79.9
79.8
79.3

73.7
73.7
80,6
80.0
78.7

72.3
76.2
80.9
79.4
78.8

70.5
78.0
80.2
79.1
79.6

72.8
74.9
80.4
79.5
79.1

"If;" 5
;.-1 3
126 i?yc

•(•™2

*^)0
J
A

' ; i

7

1":
i24
-07
13/,

d
7
0
t

1 p o *-,

- M IT

<'57
i

ne
•J>pc-

19'-" / : ri
* qpo
1991

'29 4
132 ^

1992
•<993
•J9JW

134G
"•38.1
HI 6

115 ?
4
38 5
14-0

"35 £
^36 8
' 4?.3

'35.7
139 1
142 7

136 0
130 3
-'43.1

'36.3
:39.6
14,3.4

13 0.6
1 ^9 9
143-

73.7
714
79.6
79.5
80.0

75 G
71 5
79.9
79.7
79.4

"'4 b*
""2 4
80.3
800
78.5

74.0
73 0
80.4
80.0
79.0

73.7
73.8
80.6
80.3
78,8

73.5
74.2
80.9
79.6
78.4

72.9
75.2
81.0
79.2
78.7

72.3
75,0
80.9
79.5
78.9

"'7 5
8 0 •?
9.S
78.9

1987
1988
1989
1990
1991

79.3
83.2
85.2
81.6
78.4

80.5
83.1
84.2
82.2
77.6

80.7
83.2
84.6
82.4
76.6

80.9
83.6
84.6
81.5
76.9

81.3
83.4
84.0
81.8
77.3

81.9
83.3
83.7
81.7
78.0

82.1
83.6
82.5
81.3
78.2

81.9
83.8
82.7
81.6
78.2

81.9
83.7
82.2
81.4
78.9

82.6
83.7
81.7
80.8
78.7

82.8
84.3
81.8
79.7
78.4

83.1
84.6
81.8
79.2
78.2

80.2
83.2
84.6
82.0
77.6

81.4
83.5
84.1
81.7
77.4

82.0
83.7
82.5
81.4
78.4

82.8
84.2
81.7
79.9
78.4

81.6
83.6
83.2
81.3
78.0

1992
1993
1994

77.9
80.7
81.8

78.5
80.9
82.2

78.9
80.8
82.9

79.0
80.8
83.0

79.3
80.5
83.2

79.0
80.5
83.2

79.5
80.7
83.3

79.4
80.6
83.8

79.3
80.8
83.6

79.6
80.7
83.8

80.3
81.4
84.4

80.4
82.2
85.1

78.4
80.8
82.3

79.1
80.6
83.1

79.4
80.7
83.6

80.1
81.4
84.4

79.2
80.9
83.4

Utilisation
•;962
1983
"• 9l<4
1965
1986

32 s

-y, 5
,7

,.

•>9 u'
< "> 5

'

0

;

"

'J

' "iCi, ""*

n;:,.8

</3.b~f

v

:
31 4
'34.2

137.4
1 AO."7

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

http://fraser.stlouisfed.org/
11
Federal Reserve Bank of St. Louis

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
1992
Value
1
Index
SIC added

1994
June

July

Aug.

Sept/

Index, 1987 = 100
I
Not seasonally adjusted
1994
Oct/ Nov/ June
July
Aug. Sept/
Oct/

10
101
102-4,8,9
102

.42
.06
.37
.10

163.8
116.3
173.3
141.9

162.8
118.3
171.5
138.0

159.5
121.1
166.8
153.6

156.6
124.3
162.5
148.6

160.0
135.5
164.0
146.0

161.4
132.0
166.5
159.4

160.3

12

1.03

108.2

113.4

108.6

111.4

110.7

110.2

13
131
132
138

4.74
3.94
2.29
1.65
.25
.55

93.2
93.8
85.9
107.5
109.4
79.9

93.8
92.3
79.2
115.0
111.8
94.2

93.9
92.2
79.0
115.1
113.8
93.7

93.5
92.3
79.1
115.2
114.2
89.6

93.7
91.7
78.6
114.3
116.9
93.9

92.1
90.9
77.9
113.5
110.8
88.3

14

.57

99.0

105.6

107.9

106.6

106.7

20
201

202
2021
2022
2023
2024
2026

9.43
1.13
.43
.29
.40
.01
.96
.01
.27
.20
.13
.36

107.0
114.5
97.8
119.7
132.9
88.2
103.8
104.4
122.2
102.7
121.9
91.1

112.8
123.5
104.0
127.3
147.4
81.5
109.1
99.5
125.3
123.5
121.8
91.6

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

113.7
124.0
103.1
125.7
151.7
77.4
110.3
102.4
120.8
133.3
120.2
92.3

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

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

108.1
108.9
93.6
115.8
115.7
107.2
115.2
106.4
105.7
88.2

116.4
114.1
101.8
114.0
121.8
113.2
118.6
117.6
109.0
89.6

110.4
116.9
103.2
116.8
122.1
114.0
122.2
116.7
113.4
101.8

21

1.63

96.5

95.9

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

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

103.9
99.5
99.1
103.5
115.6
115.0
95.2
97.0
104.0
102.2

Apparel products

2.18
2.00
.84
.31
1.16
.66
.18
.15

Item
Metal mining
Iron ore
Nonferrous ores
Copper
Coal mining
Oil and gas extraction
Crude oil and natural gas
Crude oil, tota
Natural gas
Natural gas liquids
Oil and gas well drilling
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

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

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

Seasonallvadiusted

159.3
126.8
165.3
150.8

157.3
129.5
162.2
148.4

161.9
135.6
166.4
148.1

156.6
127.6
161.8
159.3

158.9

110.1

112.2

100.8

116.3

113.9

114.6

113.1

91.3
90.3
77.7

91.6
89.9
77.8
110.9
113.6
90.6

91.7
90.0
78.0
110.8
114.3
90.2

92.6
90.2
78.1
111.2
116.2
95.2

93.5
91.1
78.6
113.0
112.8
97.3

94.1
91.8
78.3

109.8
86.0

91.9
90.7
78.3
112.2
112.3
88.6

110.4
98.7

109.1

110.5

113.7

115.7

115.2

115.2

116.1

112.7

114.6
124.4
105.1
124.9
151.0
75.5
114.5
103.5
133.7
139.8
116.5
92.9

113.0
126.4
105.7
129.3
153.0
81.3
113.5
104.9
128.0
137.6
123.1
93.1

114.5
125.0
103.6
127.7
152.8
80.0
115.4
100.4
129.2
140.9
129.6
93.5

115.3
126.0
110.2
117.9
154.3
78.5
119.0
91.7
129.6
141.1
155.1
95.3

115.5
119.4
105.8
110.4
145.7
68.6
112.1
79.0
122.4
124.4
152.7
92.1

120.6
126.5
108.7
119.8
156.7
75.1
106.8
76.3
116.4
115.2
140.5
90.8

122.2
128.0
109.2
128.7
153.8
75.3
106.2
81.1
129.7
110.0
117.6
90.7

119.0
133.4
110.5
139.3
160.7
82.3
105.3
92.7
127.8
114.6
106.7
89.8

114.7
124.7
101.1
137.0
147.9
80.2
104.8
91.1
129.1
114.5
99.6
90.0

113.3
115.8
100.1
116.6
127.5
114.0
121.7
118.2
113.4
93.2

113.9
115.1
102.5
116.0
127.2
115.4
118.0
123.1
113.2
87.8

111.0
114.2
101.1
112.5
127.3
112.6

115.5
115.9
101.5
112.5
128.5
115.5

133.0
119.2
110.5
112.5
121.4
125.0
130.5
135.4
122.2
88.2

138.6
119.2
112.4
124.6
126.2
122.7
113.3
139.7
121.8
84.6

117.7
118.7
99.4
133.8
136.2
110.8

124.0
111.5

113.1
114.6
111.9
103.7
113.8
122.0
130.5
130.8
119.0
87.6

129.6
117.2
104.3
133.0
133.6
115.4

118.3
110.2
82.3

113.0
114.0
106.6
102.2
119.8
122.0
132.7
124.3
110.0
78.4

124.6
116.2
90.0

120.3
112.0

93.7

96.2

96.1

97.7

95.2

104.7

79.3

106.5

103.1

109.5

94.7

108.7
97.9
95.9
112.4
123.5
121.8
87.6
99.1
118.7
116.3

109.4
98.4
97.0
113.0
123.2
123.1
88.3
106.8
118.0
115.0

109.0
99.7
99.2
113.4
120.8
122.2
86.5
103.6
119.4
118.3

108.3
100.8
100.6
114.3
119.8
122.1
90.7
96.4
117.9
116.1

110.4
101.5
101.4
114.6
123.3
124.9
90.4
103.1
118.8
117.4

111.4
103.5
104.0
111.9
121.0
120.7
95.1
100.8
122.2
121.6

113.8
100.3
97.9
113.7
136.3
135.4
89.5
103.3
121.1
119.3

106.9
90.7
88.4
106.3
126.8
129.3
79.4
112.9
112.8
108.8

113.8
102.2
102.5
114.4
131.8
139.8
91.4
105.9
121.3
121.4

112.3
100.2
100.6
115.8
132.5
139.4
91.4
98.2
120.7
119.0

114.9
103.1
104.6
113.9
131.7
129.6
93.6
110.4
121.8
121.7

109.5
101.7
102.8
113.2
116.8
116.0
93.9
103.1
119,7
116.7

95.0

97.0

97.0

96.8

96.8

97.1

96.4

99.6

95.2

100.1

100.1

98.9

97.0

95.8
94.3
83.0
96.8
89.5
86.2
94.5

106.2
98.6
80.9
111.7
100.7
91.8
137.8

106.8
98.9
81.0
112.7
100.7
89.4
133.3

105.5
96.8
82.0
111.9
100.6
89.8
134.5

107.6
100.7
80.7
112.7
100.7
89.9
138.4

106.7
97.1
77.7
113.7
101.0
87.6
142.0

108.3
99.9
80.9
114.4
101.9
89.2
143.1

110.0
102.3
84.3
115.6
103.7
93.6
149.1

105.8
98.3
86.0
111.3
102.2
86.9
124.9

109.8
100.9
88.9
116.4
104.6
92.6
148.3

110.9
104.3
87.9
115.8
103.4
93.1
146.4

112.3
105.0
84.4
117.6
103.4
92.1
156.7

106.7
98.3
81.4
112.9
102.1
87.7
138.8

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




Nov/

167.9
129.3
175.2
139.9

12

164.8

164.9

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index, 71 87=100
1992
Value
added1
Index

June

July

Aug. Seot/

Oct/

Nov/

Not seasonally adjusted ""
1994
June _JuJy_ Aua. Sept/ Oct/

111.8
105.0

114.0
108.9

115.5
107.9

112.4
106.7

115.0
109.1

112.7
107.1

113.4
107.5

110.4
99.1

120.6
111.8

118.4
111.1

116.5
111.0

112.4
107.1

3.58
1.53
.15
.89
.49
2.05
.74
1.31

108.9 116.6
110.4 116.5
109.9 110.2
109.8 1 114.8
111.8 121.9
107.7 116.4
112.3 124.0
105.0 | 112.3

116.6
116.0
110.9
113.9
121.6
116.6
128.3
110.3

120.2
121.4
114.2
120.5
125.5
119.3
126.5
115.4

118.7
119.6
114.5
116.7
126.6
117.6
125.6
113.2

118.9
118.6
114.9
115.2
126.2
118.7
130.7
112.3

121.3
120.5
112.8
119.8
124.2
121.7
129.3
117.5

119.1
119.1
110.3
117.7
124.8
118.8
126.1
114.8

114.3
114.0
112.4
111.2
119.9
114.3
127.9
107.0

120.7
120.0
111.2
119.3
124.0
121.0
128.9
116.7

118.9
119.5
111.2
117.2
126.5
118.2
127.2
113.3

121.4
119.1
113.7
117.2
124.3
123.0
142.4
112.5

120.0
120.9
112.7
120.7
124.0
119.1
122.4
117.1

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

6.77
1.63
2.03
3.12

97.2
77.0
102.9
105.6

102.4
73.0
107.4
117.8

102.1
73.9
105.7
117.6

101.5
74.1
106.8
115.3

100.9
74.1
106.0
114.5

101.6
74.1
103.9
117.5

102.5
74.6
104.4
118.8

104.2
74.4
106.1
121.9

106.4
73.0
105.0
129.1

107.2
71.2
106.9
130.7

106.9
73.2
105.5
129.7

102.5
74.7
100.9
121.2

100.9
76.1
102.9
115.2

28

9.88

114.7

124.4

124.7

124.7

123.7

123.7

125.3

129.4

129.5

131.0

130.5

125.3

122.5

281,2,6

113.4
117.1
105.4
114.2
121.1
118.2

123.3
121.8
115.0
128.3
121.3
128.4

123.9
121.6
113.2
118.7
122.7
128.8

125.4
122.1
115.5
126.5
121.7
128.6

124.8
122.7
118.7
127.4
122.1
128.4

124.6
122.4
118.6
120.9
122.8

125.5
123.9

124.9
124.4
116.9
135.2
123.7
132.1

122.7
118.3
114.1
117.3
117.8
124.3

124.5
122.7
117.1
123.3
122.9
131.3

125.9
124.4
117.7
127.8
124.5
133.8

125.6
123.7
118.5
114.8
126.2

125.5
123.8

2812
2816
2819

3.84
1.00
.08
.12
.67
.39

282 i
2821
2823,4
286 i

1.27
.78
.38
1.57

110.4
112.0
105.9
113.9

124.2
126.4
116.6
124.0

124.7
127.8
118.0
125.1

128.1
127.3
127.1
125.5

125.3
125.5
120.5
126.0

124.1
122.5
122.3
126.8

124.9

123.1
125.9
117.6
125.4

125.9
125.5
124.8
124.8

127.2
127.8
121.4
126.2

125.9
124.6
123.7
126.8

123.6

120.7
127.5

126.5
128.2
121.1
124.3

119.3
128.5

283-5,9
283
284
285
287

5.53
2.92
1.59
.43
.52

115.2
128.6
109.3
95.0
119.7

124.9
145.4
111.9
102.9
127.9

124.8
145.1
111.7
102.9
129.2

123.9
142.3
112.7
103.4
133.0

122.4
141.2
108.5
103.9
131.9

122.1
142.7
105.0
104.5
134.2

124.3
145.1
107.3
105.2
134.7

132.8
155.7
116.1
120.6
127.1

134.5
157.8
120.4
110.3
127.0

135.7
157.5
123.0
112.0
130.1

133.7
158.2
116.5
108.7
131.9

124.3
146.4
105.8
106.1
135.0

119.4
140.0
104.2
91.1
135.0

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

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

102.1
104.3
105.1
109.0
100.8
101.0
103.2
90.4

104.5
105.9
107.2
120.4
90.4
104.2
101.6
97.5

104.3
105.0
103.7
116.0
95.1
104.6
102.3
100.2

105.2
106.1
104.7
118.2
98.0
113.8
101.4
99.5

105.3
106.4
105.1
119.3
95.3
106.4
103.1
98.9

103.9
104.7
109.4
111.4
88.3
106.1
101.3
99.5

106.5
107.5
109.8
111.0
88.3
105.5
107.0
102.3

109.4
110.2
121.3
120.5
87.0
104.6
104.7
106.5

109.0
108.9
118.9
117.7
89.4
107.3
103.4
111.0

109.9
110.0
119.9
116.9
93.6
113.0
104.1
110.5

109.4
109.3
117.5
120.5
91.4
106.1
103.8
111.5

106.2
105.7
109.9
117.5
85.4
104.2
101.4
110.5

108.5
108.3
102.1
118.9
92.5
107.1
108.3
111.0

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

3.50
.39
.58
2.53

115.6
120.5
105.7
117.3

132.8
136.4
117.7
136.1

134.5
139.7
120.1
137.2

134.5
126.2
122.9
138.7

134.7
123.2
121.3
139.5

136.3
133.9
120.2
140.4

138.2
138.7
121.5
142.0

135.3
136.6
120.7
138.6

129.9
116.3
119.7
134.4

135.2
125.9
126.5
138.5

136.9
125.0
127.0
141.0

138.8
143.7
123.2
141.9

138.2
131.2
121.4
143.3

31
314

.27
.12

89.0
81.8

85.5
77.7

86.3
76.8

85.5
77.7

85.4
77.4

85.6
77.4

84.9
76.1

88.4
80.8

81.5
74.2

87.3
80.5

87.5
79.2

87.4
78.2

86.7
77.1

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

2.07
.35
.18
.13
.10
1.18

95.3 104.4
100.2 I 102.6
93.5 I 97.4
91.7 104.2
87.8 104.2
92.3
99.3

104.3
97.4
89.1
101.6
103.6
101.1

105.8
99.4
90.6
105.2
103.3
101.7

105.8
100.8
93.6
104.1
102.6
101.1

105.5
97.3
88.2
102.7
102.4
102.0

106.9
101.4
95.2

108.1 105.7
107.0 100.9
103.4
94.0
I 125.9 116.4
102.4 108.7
98.1
102.5 100.7 100.8

110.4
103.7
95.6
126.0
108.3
104.4

108.4
99.6
90.9
124.0
106.8
102.1

110.3
101.1
92.7
125.3
108.4
105.0

107.5
99.0
89.3

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

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

SIC
25
251

1.37
.63

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

281 I

99.1
97.4

Seasonallvadiusted

nre§4

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




13

123.0
124.6

Nov/

120.5
124.6

104.1
104.4

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
1992
Value
1
Index
SIC added

1994
June

Ju'Y

Aug.

Sept/

index, 1987=1 uu
1• ^ • • • M T ^ ^ M I T T I l t T ^ T ^ B B I M M B
1994
Oct.r Nov/ June
July
Aug. Sept/ Oct/ Nov/

3.10
1.75
1.33
.30
.18
.09

101.9
105.1
106.9
102.4
106.9
101.2

113.7
118.2
121.7
106.5
114.6
106.3

112.7
116.1
118.0
103.9
110.6
104.7

113.5
113.0
114.1
104.9
110.2
107.0

116.0
118.2
120.0
105.3
108.9
109.9

115.8
118.6
121.2
106.5
111.5
109.0

117.9 i
120.1
122.6
110.2 |
115.5
114.2

114.9
120.1
123.3
106.1
113.8
107.0

109.1
114.2
117.2
103.0
110.1
102.6

111.6
110.6
112.2
102.9
108.4
104.2

117.3
119.8
121.5
105.0
108.8
108.8

116.7
119.7
121.7
106.6
111.2
109.7

116.5
119.5
121.0
110.0
116.3
111.9

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

108.4
98.0
93.6
108.8
93.4
116.3
99.0 |

126.4
126.6
104.0
131.4
97.0
133.3
106.9

122.4
117.6
106.0
134.9
84.8
128.9
109.5

116.9
121.0
94.0
121.8
91.1
122.4
109.1

124.5
128.4
107.9
137.1
95.2
127.4
112.5

125.8
120.9
112.0
135.3
97.3
131.3
110.0

126.4

128.6
134.2
102.6
133.8
105.3
134.0
110.1

121.7
101.4
100.7
140.5
92.9
131.8
104.7

115.1
117.1
89.4
124.2
95.8
120.4
105.3

126.6
131.3
105.9
142.8
93.8
129.8
114.1

126.3
127.5
109.6
142.5
87.6
130.3
113.2

124.5

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9 |
333 |
3331 !
3334!

1.35
.20
.06
.09

97.6
117.1 j
124.8|
120.5 !

107.6
118.4
140.9
97.1

108.0
119.2
141.7
96.7

113.6
117.0
142.4
97.2

112.7
115.7
136.4
97.8

111.8
114.8
134.3
97.4

114.7 j 108.0
114.4 j 117.5
131.2 j 140.4
97.4
97.3

102.2
112.7
133.5
96.9

112.2
113.2
141.4
96.6

113.7
115.9
138.4
97.1

112.5
116.2
134.8
97.6

112.4
115.3
134.6
98.1

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335 I
3353-5 I
336

.96
.73
.28
.23

89.2
89.0
88.5
89.9

100.6
98.8
95.7
106.4

100.2
98.0
90.7
106.9

108.1
107.9
114.8
108.7

107.0
105.7
110.0
110.8

106.1
104.5
102.4
111.0

109.5 101.1
108.4
99.1
114.0 I 94.9
113.0 107.2

94.9
92.5
86.9
102.7

107.2
107.3
114.4
106.9

107.8
106.7
109.1
111.2

106.5
104.8
103.3
112.0

106.2
103.7
100.4
114.1

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

5.02
.22
.54
.47
1.28
2.79
1.55

98.8
107.9
94.3
92.2
94.8
101.2
102.8

110.2
108.7
102.8
100.8
106.4
114.1
118.5

111.7
106.6
104.6
102.0
107.6
116.0
121.6

112.4
110.8
103.4
101.3
107.6
117.4
123.1

111.6
108.8
102.0
99.7
107.9
116.1
120.8

112.4
111.6
102.0
99.6
109.1
116.7
121.2

113.4
111.9
104.9
102.4
110.0
117.3
121.2

113.2
129.5
105.0
103.3
107.8
116.6
122.9

111.5
117.4
105.4
103.7
109.0
113.9
120.5

114.9
129.9
107.4
105.6
110.2
118.2
125.7

115.1
114.7
107.6
105.7
111.0
118.8
125.7

114.5
100.9
104.7
102.5
112.1
119.0
125.2

114.0
97.7
104.6
101.6
112.6
118.3
122.1

Industrial machinery
35
and equipment
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

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

124.6 158.9
99.9 120.3
114.3 154.0
99.6 116.0
106.0 126.4
102.7 124.0
109.0 116.7
96.0
98.1
115.3 125.7
172.8 276.5
106.7 138.8
112.4 127.4

160.6
117.0
156.8
118.6
129.0
125.4
115.5
98.3
123.7
282.6
141.9
126.0

162.6
117.8
154.3
119.8
129.5
126.6
115.5
99.5
123.2
288.9
145.0
128.4

164.6
117.5
159.7
119.3
130.3
127.3
117.6
99.3
126.3
295.8
147.0
128.1

166.6
117.9
157.6
120.7
131.9
130.0
120.4
100.1
130.1
301.1
149.7
127.1

167.9
121.1
153.8
121.0
131.6
132.5
118.9
98.7
128.6
307.0
148.9
129.8

164.7
119.4
154.4
118.3
130.2
124.3
119.8
98.8
129.8
289.4
153.7
132.1

164.6
116.1
145.5
117.5
134.6
121.5
117.6
95.2
128.4
297.4
149.3
132.7

167.8 169.3
113.9 117.4
141.9 152.0
118.2 118.9
139.0 139.3
124.1 127.9
120.0 123.6
96.9
99.1
131.1 135.4
310.1 307.7
142.9 145.6
139.7 136.9

167.2
118.5
151.0
120.8
132.8
129.5
120.4
99.3
130.6
311.5
140.9
128.8

163.4
123.3
150.4
120.4
129.2
133.9
117.7
100.1
126.1
296.8
132.6
126.6

161.5
112.4
110.0
130.8
126.6
135.8
133.9
129.1
111.2
126.9

164.1
114.0
107.5
131.6
112.1
163.4
128.5
126.3
110.5
122.3

165.0
112.6
105.9
126.6
125.0
134.6
122.5
125.8
110.8
120.4

167.1
112.7
102.7
120.7
110.8
114.4
120.3
127.7
113.3
121.7

169.6
113.9
103.8
124.1
121.6
121.2
117.4
129.5
113.4
126.2

160.8
115.3
110.1
127.3
113.2
145.9
122.3
126.6
109.4
123.8

158.0
115.6
111.6
115.4
100.9
133.3
98.2
120.6
104.8
101.9

164.8
119.3
116.5
128.3
114.1
135.9
130.0
129.6
111.5
119.4

168.2
118.0
113.6
131.1
125.1
140.5
123.2
133.0
118.6
120.2

169.4
113.3
105.4
130.8
132.2
122.6
130.2
134.5
124.4
132.8

171.3
111.4
101.8
120.5
127.6
103.8
114.4
128.3
124.9
119.6

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

33
331,2
331

332

• •
Seasonallvadiusted

112.0

114.1

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

7.30
.94
.31
.47
.07
.10
.09
.21
.08
.06

121.9
103.2
98.7
106.6
95.7
112.4
108.3
107.5
98.5
102.3

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

365
366
367
369
3691

.21
1.61
2.71
.68
.11

128.4 147.2
122.4 151.8
146.4 225.0
109.9 131.8
92.7 109.6

120.7 133.7
152.2 155.9
230.8 235.1
135.1 131.6
119.6
98.4

127.9
156.7
239.2
135.7
121.3

118.6
159.8
244.1
135.6
115.7

123.9
163.7
248.2
134.2
107.5

140.7
152.9
225.9
131.3
105.4

100.1
150.1
226.2
129.5
110.6

148.6
154.8
234.1
133.5
108.8

151.7
156.3
239.1
142.2
148.2

132.8
159.9
245.4
141.3
135.8

130.9
167.0
251.2
140.0
120.5

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

9.64
4.82
1.56
1.28
1.22
.71
-51
1.93
.04

105.1 107.5
107.4 I 132.2
89.5 101.9
121.1 164.4
123.1 166.2
125.6 170.7
120.1 160.5
114.4 138.9
87.8 134.6

105.7
129.6
98.4
159.6
162.9
166.6
158.3
138.7
131.0

109.5
138.1
104.3
178.0
182.7
189.0
174.7
143.9
122.9

108.8
137.4
102.6
174.9
177.9
181.5
173.4
145.2
135.8

109.3
138.4
105.6
171.5
173.9
175.5
172.0
146.9
146.1

111.1 113.5
141.5 145.1
106.9 118.6
178.6 186.7
181.2 189.7
185.8 196.5
175.5 181.1
149.7 141.9
129.3 I 135.7

89.0
97.1
57.7
102.8
102.9
100.7
106.0
130.0
136.0

107.9
136.4
100.1
183.1
188.0
196.4
177.3
140.6
122.1

110.8
141.0
108.4
178.4
181.4
188.0
172.9
146.8
132.1

114.9
149.0
120.6
192.1
195.5
202.5
186.5
146.3
154.7

111.2
140.5
106.9
173.1
176.1
181.8
168.7
151.0
105.9

4.82
2.95
.51
1.36

103.0
108.3
97.2
95.2

82.8
77.1
93.2
90.0

82.3
76.6
93.0
89.4

81.4
75.7
92.8
88.7

81.5
75.9
91.9
88.6

81.1
75.2
92.0
88.8

80.6
74.9
90.4
87.9

81.9
76.5
91.7
88.9

82.3
75.8
92.4
91.2

83.2
77.1
92.8
91.6

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

3714
3716
372-6,9
372
373
374-6,9

i

159.5
111.5
106.3
124.2
117.1
127.7
119.8
127.5
109.3
119.6

83.8
78.2
92.8
91.4

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



14

82.0
76.1
92.3
89.6

83.3
77.7
92.5
90.6

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

1992
Value
SIC added1
Index

Index. 1987 = 100
^^^^^•£I*lKra:M«]lF:llro[«llittrET«^^^^Hai

Seasonallvadiusted
1994
June

Julv

r

Aua. SeDt.

Oct/

Nov/

1994
June

July

Aua. SeDt/

Oct/

Nov/

38
381-4
384

5.37
4.34
1.55

106.3
106.4
137.5

106.8
107.5
156.5

108.5
109.2
163.0

108.7
108.8
162.6

108.0
108.0
160.3

108.6
108.9
161.2

108.1
108.3
158.1

108.1
108.8
162.6

109.7
111.0
174.3

110.2
111.1
174.4

111.5
112.2
174.9

109.6
110.1
166.7

108.1
108.2
156.2

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.32
.67
.65

106.3
105.2
107.5

115.8
109.8
122.2

118.6
112.4
125.1

117.1
110.7
124.0

117.0
110.4
124.0

118.4
111.2
125.9

118.8
111.9
126.1

116.0
109.3
123.2

114.0
105.2
123.3

118.2
110.7
126.1

119.6
112.8
126.9

122.9
116.9
129.2

122.7
117.8
128.0

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.14
2.63
1.32
1.31

111.7
111.3
103.6
121.4

121.4
119.0
118.8
120.4

119.0
115.6
107.8
125.9

118.4
116.6
108.6
127.0

117.1
116.2
106.0
129.3

117.9
117.5
107.5
130.5

116.2
115.8

124.1
125.5
123.1
129.6

133.8
128.8
124.4
135.3

130.9
126.8
123.0
132.6

120.1
114.8
108.6
123.1

109.6
106.0
101.4
112.4

108.5
109.3

3.51
1.43
2.08
1.21
.87

112.0
109.9
113.4
112.8
114.2

123.1
124.9
121.8
124.0
118.6

121.5
122.2
120.9
123.0
117.9

119.8
118.5
120.6
121.5
119.3

117.8
114.9
119.8
119.3
120.4

118.2
115.8
119.9
120.1
119.4

116.4

123.0
118.5
126.2
128.8
122.5

137.5
145.9
131.4
138.1
122.1

133.9
136.3
132.1
136.3
126.3

124.2
120.3
126.9
129.2
123.4

112.4
101.0
120.4
119.5
121.6

107.8

1.57
.64
.28
.46

112.7
108.7
115.4
114.5

120.0
106.7
131.9
127.2

118.9
108.1
134.8
121.6

120.4
110.5
129.0
124.3

114.2
104.7
119.4
119.2

114.5

114.2

73.7
43.4
70.6
97.3

70.3
35.9
69.2
96.4

69.7
34.4
64.5
97.8

67.1
36.8
61.8
91.1

84.8

118.6

Oct/

Nov/

Instruments
Scientific and medical
Medical instruments

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

492,3pt

118.5

113.7

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

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1987 dollars at annual rates, seasonally adjusted
1993
1987
1994
Item
Q3
Products, total
Final products

1994
Q1

Q4

Q3r

Q2

Q4P

1994
July

Aug.

Sept/

Dec.P

1975.9 1993.0 2012.6 2038.6 2002.1 2020.2 2015.6 2020.8 2039.4 2055.5

1707.0 2006.5

1908.5

1944.8

1314.6 1576.6

1501.3

1531.7 1556.9

1564.2

1580.0

1600.0 1569.3 1586.6

1584.2

1584.9 1600.2 1615.0

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

982.0
272.5
143.1
129.4
709.5

949.9
251.0
120.6
130.3
699.0

964.9
266.1
135.9
130.2
698.8

977.8
274.7
146.4
128.3
703.1

978.7
268.5
138.7
129.8
710.2

982.6
271.0
139.9
131.0
711.6

986.1
274.8
145.2
129.6
711.3

979.0
266.7
135.5
131.2
712.3

987.3
275.5
143.2
132.3
711.7

981.5
270.6
141.1
129.5
710.8

976.0
270.4
141.6
128.9
705.5

987.0
274.4
145.0
129.4
712.6

995.2
279.5
148.9
130.6
715.7

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

594.6
575.7
510.4
65.3

551.4
533.8
462.8
71.0

566.7
548.9
479.5
69.4

579.1
560.4
493.0
67.4

585.5
566.4
499.9
66.5

597.4
578.5
514.7
63.7

614.0
595.0
531.5
63.6

590.3
571.3
507.1
64.1

599.3
580.7
517.0
63.7

602.7
583.4
520.1
63.3

609.0
590.1
526.7
63.4

613.2
594.4
530.9
63.5

619.7
600.6
536.8
63.8

392.5
162.7
229.8
60.3

429.8
174.3
255.5
70.1

407.2
162.4
244.8
67.5

413.1
166.6
246.5
68.0

419.0
168.4
250.6
70.0

428.8
173.1
255.7
70.3

432.6
176.4
256.2
70.5

438.6
179.6
259.0
69.1

432.9
175.8
257.1
71.2

433.5
176.0
257.5
71.1

431.4
177.5
253.9
69.1

435.9
178.6
257.3
69.5

439.2
179.5
259.7
68.6

440.5
180.5
260.0
69.3

Intermediate products
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1992
1993
1994
Three Months Earlier
1992
1993
1994
Six Months Earlier
1992
1993
1994

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

47.2
60.8
47.8

58.0
60.4
58.0

60.4
47.5
69.0

49.4
51.0
55.5

60.8
48.2
66.7

48.6
56.5
56.5

57.6
57.3
58.0

51.0
54.9
51.8

53.7
55.3
47.3

54.5
52.9
58.0

64.7
61.2
62.7

50.2
62.0

52.0
59.2
62.0

56.0
61.6
59.2

58.7
59.2
64.3

62.0
50.6
67.8

61.2
44.3
71.8

53.3
53.3
64.7

62.0
58.0
65.5

52.9
60.0
60.4

57.6
56.5
61.2

46.7
55.7
60.0

64.7
58.4
56.9

59.2
66.7

57.5
58.8
60.0

59.1
70.6
66.3

58.7
63.1
71.8

61.1
63.9
67.8

64.3
56.9
71.0

60.7
58.4
66.3

65.9
58.0
72.9

62.7
52.5
69.4

58.4
56.1
65.9

60.8
62.4
65.5

63.5
64.3
63.1

60.4
69.0

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
1994
June
113.8

July
113.8

Aug.
115.4

SeDt.r
115.5

Index. 1987=100
Not seasona llv adjusted
I
1994
Oct/ Nov.P
June
Julv
Aug. Sept.r
Oct/
115.6 116.8 116.1 115.1 119.8 119.5 117.5

776.5
351.3
425.2
74.2

114.0
108.3
119.1
111.2

114.1
108.2
119.4
110.2

115.7
109.5
121.3
111.6

115.8
109.4
121.5
111.4

116.0
109.6
121.6
110.3

117.2
1104
123.3
1114

116.6
110.5
122.0
109.2

115.8
109.2
121.6
105.5

120.5
112.9
127.3
109.8

120.1
112.8
126.5
110.9

118.0
111.3
124.0
110.5

115.8
109.5
121.4
111.4

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

14.6
6.3
4.8

140.1
117.4
155.0

136.4
119.0
147.4

138.1
112.9
155.4

145.1
137.3
145.0

142.8
134.7
146.2

151.2
147.0
150.8

138.7
117.1
152.4

136.7
120.8
148.0

140.0
121.6
150.1

145.5
134.7
149.1

143.9
139.6
145.0

149.4
142.9
149.6

Coal mining

12

13.4

104.7

104.3

103.9

102.6

101.4

98.4

96.6

84.7

95.5

95.7

98.6

101.1

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

13
131
132

33.0
27.7
3.7

99.3
100.6
87.3

100.7
102.5
89.6

102.4
103.9
86.1

98.8
101.4
81.8

99.3
1014
90.2

99.1
98.5
85.0

99.2
100.4
89.6

100.2
101.2
90.8

100.1
101.3
84.8

99.9
101.2
82.6

99.4
101.5
86.0

97.0
97.3
82.3

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

14
142
144
147

12.3
3.5
2.9
3.9

116.2
137.4
130.5
98.2

111.8
140.8
125.6
90.9

114.6
136.1
131.4
94.8

116.0
122.7
125.8
106.1

112.0
138.9
120.3
93.3

113.6
143.0
119.1
95.4

117.5
144.2
135.3
96.2

111.6
143.4
131.8
88.8

118.9
146.0
144.2
96.7

119.7
134.3
135.2
105.3

116.3
150.1
131.2
93.5

117.6
154.6
129.0
95.1

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

20
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

121.8
134.5
111.6
127.4
128.0
129.7
140.7
143.8
107.9
102.7

120.9
136.3
112.0
119.4
129.5
128.9
135.3
143.3
106.5
103.6

121.2
133.8
110.0
123.4
129.3
127.9
139.3
148.5
108.2
106.5

122.2
135.8
109.8
123.1
128.4
131.1
138.3
136.8
112.6
107.3

121.4
136.3
108.6
120.1
127.7
129.5
138.5
147.7
108.1
104.9

124.1
138.4
110.7
127.0
132.0
130.2
140.9
137.2
113.1
105.7

124.1
140.9
119.9
123.5
126.8
135.8
131.9
137.6
113.8
106.2

127.3
147.0
123.1
122.1
128.6
139.8
127.4
128.6
119.1
112.7

132.0
146.6
119.8
144.6
133.2
141.2
135.5
141.1
123.6
117.4

134.1
148.6
117.7
149.6
134.0
143.8
138.7
136.4
127.3
117.5

127.1
139.3
107.4
140.0
132.5
133.7
148.8
146.3
113.5
109.8

124.3
136.1
105.5
129.2
135.1
127.6
163.8
143.2
109.5
105.1

21

1.7

77.7

78.5

83.8

81.6

81.8

84.3

83.1

78.2

92.5

90.9

88.9

81.2

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

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

114.6
102.4
140.1
120.5
120.3
118.3

110.3
97.5
142.1
124.1
104.6
129.1

116.9
106.2
141.1
125.4
118.6
124.8

115.3
104.0
141.1
122.5
116.4
127.3

118.1
105.5
144.4
121.3
124.6
124.8

119.5
108.0
139.7
125.9
123.0
130.9

127.1
113.6
155.6
130.6
136.2
127.5

111.5
98.8
149.0
123.5
105.7
127.1

131.5
119.9
161.2
132.0
134.6
140.8

127.4
114.5
160.8
131.2
128.6
139.9

122.8
109.5
149.7
126.3
130.2
129.7

115.0
103.6
134.0
123.8
117.6
127.0

Apparel products
Men's outerwear
Women's outerwear

23
231,2
233

6.6
1.9
1.9

104.3
112.8
89.7

105.8
111.2
89.9

101.3
105.5
85.9

101.4
105.2
84.7

103.0
109.2
88.8

105.3
111.0
87.9

113.1
124.0
96.6

115.5
124.0
100.4

120.1
127.8
103.0

120.1
128.5
101.2

106.9
113.4
92.1

99.7
104.3
82.4

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

119.4
111.4
110.0

118.6
108.9
108.2

119.7
106.9
111.6

119.6
108.5
109.9

119.1
108.9
109.7

121.4
113.8
110.0

118.8
110.1
109.0

115.1
104.6
104.9

119.0
105.5
109.9

120.9
109.3
111.1

118.1
108.2
109.0

121.6
114.8
1114

Furniture and fixtures
Household furniture

25
251

5.7
3.2

117.8
109.4

123.2
117.7

120.8
111.7

119.4
111.8

121.6
113.8

122.1
113.9

119.9
111.9

119.0
107.4

128.3
117.5

127.0
116.8

124.2
116.7

120.3
112.7

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

121.2
104.3
120.8
125.0
122.3
122.3

119.9
103.4
116.5
129.3
125.3
124.2

122.4
104.0
120.8
129.9
129.3
122.7

120.5
95.9
119.8
127:1
126.7
119.0

121.1
96.5
119.8
127.5
125.6
124.0

119.8
98.8
117.0
132.4
132.8
116.9

121.2
100.9
119.5
127.1
125.5
124.6

119.8
102.2
115.8
129.0
126.4
125.3

124.7
104.6
122.5
130.4
133.8
127.3

121.5
95.9
118.6
128.3
132.8
125.9

121.7
99.3
119.8
129.2
125.8
126.2

120.2
102.6
117.6
131.3
130.8
117.2

Printing and publishing
Newspapers
Commercial printing

27
271 !
275 |

15.7
3.4
8.2

134.5
119.0
140.1

135.4
122.7
140.3

134.2
121.1
138.5

132.7
120.7
136.7

136.3
120.8
140.1

137.8
123.9
142.0

139.4
126.2
144.1

148.3
134.5
153.0

151.3
135.5
156.5

149.0
132.9
154.7

140.1
123.2
144.7

133.1
118.0
138.2

146.2
61.8
14.1
29.1
10.9
18.2

119.4
120.5
101.8
135.9
102.7
1594

120.9
123.9
102.9
143.1
100.2
173.6

123.3
126.7
106.7
147.9
104.5
178.8

124.4
128.8
104.9
157.1
105.0
194.0

124.4
129.6
110.8
155.3
102.5
192.8

127.1
133.0
108.0
157.8
102.8
196.9

121.3
121.6
103.0
137.3
101.3
162.8

122.2
123.1
105.0
137.5
101.6
163.0

126.6
128.4
106.8
148.1
106.9
177.3

126.4
128.4
105.7
151.8
103.9
185.7

126.2
132.2
109.2
158.6
102.4
198.4

124.4
130.2
106.4
154.2
101.7
191.6

Item
Total

1987
Billion
1987SIC 1 KWH
850.7

MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining

Tobacco products

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




Seasonallvadiusted

16

Nov.P
115.5

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1< 87=100
Item

1987
Billion
1987 SIC I KWH

Seasonallvadiusted
1994
June

Julv

Aug.

r

Sept.

Oct/

„ _ , _ _
Not seasonally adjusted

Nov.P

1994
June

Julv

~~

Aug.

r

Sept.

Oct/

Nov.P

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

26.5
14.2
5.5
3.1
36.0
8.5

113.8
122.5
129.5
115.2
118.2
120.5

112.9
119.6
128.5
114.1
108.7
122.7

116.6
121.4
125.1
116.0
112.4
127.3

116.4
121.0
124.0
111.7
114.7
125.6

114.5
116.7
127.7
106.4
108.7
128.2

116.0
118.3
129.7
110.5
114.2
128.1

116.9
125.8
138.6
119.5
117.0
120.9

116.8
122.2
141.0
123.0
108.0
122.2

120.8
124.2
139.7
126.7
115.5
125.6

120.4
126.1
140.2
120.0
121.0
125.7

114.5
116.6
129.7
107.1
113.4
128.5

113.8
118.0
123.8
107.4
112.8
127.4

Petroleum products

29

40.1

104.6

105.8

106.0

107.2

105.6

106.5

106.9

109.2

111.5

110.9

105.7

104.4

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

30
301
306
308

33.1
3.6
3.1
24.9

137.1
117.3
110.5
142.9

138.8
119.0
113.9
144.3

139.9
114.2
115.2
146.8

139.9
113.2
116.0
147.6

139.4
115.6
114.0
145.7

141.5
119.2
114.0
147.8

142.1
123.1
113.3
148.2

139.1
119.7
113.4
144.6

145.8
124.9
119.0
151.8

147.0
123.2
121.1
154.1

143.7
120.1
116.8
150.1

141.4
118.9
113.9
147.8

Leather and products
Shoes

31
314

1.0
.4

101.9
95.3

107.9
104.7

97.4
89.7

99.6
93.4

98.9
96.2

97.6
94.2

106.3
101.3

106.0
104.7

105.7
102.1

107.6
103.0

98.8
95.7

95.7
91.6

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

104.4
112.9
103.6
100.6
109.7
93.3

103.4
115.3
102.4
99.9
111.3
93.6

106.9
112.0
104.9
104.8
113.0
94.4

106.3
104.4
102.3
105.4
111.9
91.8

105.4
110.7
102.7
102.9
111.6
94.8

108.6
112.1
106.1
109.3
113.8
93.8

108.0
116.4
105.8
109.2
113.1
94.6

105.4
116.2
103.5
105.4
112.6
94.2

111.0
116.3
108.9
111.1
115.0
97.5

109.9
109.5
104.7
111.2
116.9
94.8

110.0
112.1
105.7
112.7
112.8
98.1

110.2
112.3
105.3
113.6
114.9
96.5

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
2.7

106.7
118.9
116.2
85.1
76.7
121.2

106.0
114.3
118.5
86.1
76.6
126.5

107.1
117.8
116.4
84.5
75.7
124.7

107.5
118.9
121.6
83.5
75.1
122.0

108.0
119.1
120.3
84.9
75.5
121.2

107.6
120.0
123.0
82.7
75.2
122.8

106.9
119.0
119.6
84.6
77.3
124.5

104.9
111.5
113.3
87.1
79.5
121.9

107.5
117.4
114.7
85.6
76.5
125.4

107.5
118.8
124.4
82.7
73.8
125.6

109.4
120.0
123.5
86.1
77.1
124.6

107.8
120.5
124.8
82.5
74.3
124.1

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

112.3
129.7
115.1
107.1
109.5
124.0

114.3
127.7
118.8
104.8
113.9
126.1

115.2
130.0
115.6
106.2
111.0
130.6

115.3
131.1
113.6
106.1
110.5
127.6

114.9
133.1
113.6
111.5
111.2
126.9

116.1
134.6
116.8
112.8
108.1
127.4

115.1
134.2
117.9
107.6
112.7
129.2

115.8
133.6
120.7
106.3
115.1
123.5

118.2
134.2
120.5
106.9
117.2
131.5

120.3
135.7
120.5
110.9
116.3
132.7

116.7
132.1
116.8
111.1
115.4
131.2

115.6
130.4
115.8
113.4
107.6
128.7

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

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

112.6
121.6
147.1
94.9
129.0
112.0
115.1
89.9
143.3

114.2
115.8
145.0
97.3
133.9
117.0
113.0
92.2
145.0

114.4
122.8
137.0
93.9
131.9
112.5
112.6
92.4
145.3

113.8
116.9
138.7
94.3
134.6
110.6
115.4
92.6
146.8

114.6
117.6
146.7
93.6
135.0
110.9
118.8
90.9
149.1

114.8
118.8
151.2
95.4
134.6
111.1
117.4
89.6
149.7

116.6
124.2
146.1
97.6
132.8
114.4
118.9
94.1
151.7

118.5
118.5
137.2
101.2
139.6
122.4
117.2
97.1
153.4

121.2
130.4
137.1
97.5
141.5
120.8
119.7
99.2
156.5

121.5
122.4
146.6
100.9
143.7
118.3
123.5
96.4
157.2

116.0
117.4
143.2
95.9
135.9
111.7
119.1
94.1
151.0

112.4
115.9
146.5
94.9
132.1
109.8
115.1
86.6
145.1

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

108.4
83.2
110.6
98.5
107.4
145.2
84.4
117.1

107.8
83.0
110.7
99.3
110.4
150.6
89.0
113.8

111.9
83.8
113.1
99.4
113.0
147.9
91.0
122.7

109.6
82.5
111.5
96.2
109.9
146.4
90.6
119.4

110.6
79.9
113.3
98.7
114.0
145.8
91.8
121.1

110.8
80.6
114.3
99.2
114.8
151.0
91.5
119.7

112.5
86.2
114.3
104.2
112.7
147.9
88.1
121.5

112.9
84.1
114.6
99.4
112.2
154.2
97.0
121.8

118.7
90.8
116.1
105.2
112.9
159.1
99.0
130.6

117.9
88.4
115.6
103.4
116.7
157.0
99.5
128.5

112.6
81.9
112.7
99.9
115.6
150.5
93.4
122.6

108.7
79.0
111.6
94.8
113.6
149.6
88.7
117.1

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

37
371
372
373

38.3
21.9
10.1
2.1

101.5
100.9
91.5
103.5

101.4
96.7
97.7
109.6

101.6
98.7
96.4
103.9

102.6
100.9
92.4
104.0

102.9
102.4
92.9
105.2

105.7
105.9
95.9
99.9

106.7
106.6
95.7
103.5

103.3
97.2
101.6
107.7

108.9
106.3
102.4
105.4

108.2
107.1
97.0
104.4

104.8
104.6
95.0
100.8

103.0
103.3
93.3
99.4

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

114.7
103.1

114.2
97.3

111.3
105.1

110.5
97.2

107.6
93.2

107.6
93.0

119.4
106.7

122.7
102.3

121.2
112.5

119.7
102.4

110.2
93.0

105.5
88.9

Miscellaneous manufactures

39

4.6

133.5

133.9

135.2

139.4

139.4

138.5

136.8

139.4

145.9

150.2

142.7

136.0

832.5
765.4
85.3

112.4
112.8
116.4

112.0
112.7
112.2

113.4
114.5
118.7

113.0
114.4
117.9

113.1
114.2
117.9

114.3
115.3
116.9

114.6
115.1
115.3

113.5
114.0
115.7

117.9
118.6
120.8

117.4
118.7
114.6

114.9
116.5
117.2

113.1
114.6
113.3

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



17

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

Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (1) market groups (shown in table 1), such as consumer
goods, equipment, intermediate products, and materials; and (2) industry groups
(shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of
these industries—for example, durable and nondurable manufacturing, mining, and
utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprise final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript t4p" in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript "r" in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990,1985, and 1976. In 1993, a revision that converted the indexes to
the 1987 SIC from 1987 forward was published.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and 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 government agencies including those listed above; data of this type are used to
estimate monthly IP where possible and appropriate. When suitable data on physical
product are unavailable, estimates of output are based on either production-worker
hours or electric power use by industry. Data on hours worked by production workers
are collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The data on electric power use are described below. The factors used to
convert inputs into estimates of production are based on historical relationships
between the inputs and the comprehensive data used to benchmark the IP indexes;
these factors also may be influenced by technological or cyclical developments.
Especially for the first and second estimates for a given month, the available source
data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison base year (currently 1987). Each
segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1992 to the present, IP is
aggregated on the basis of 1992 value-added weights. The aggregation of the index
for the 1987-91 period is based on 1987 weights, whereas 1982 weights are used for
the 1982-86 period. The other weight years in the postwar period are 1977, 1972,
1967,1963,1958,1954, and 1947. The 1992 value-added weights used to aggregate
the index are shown in the first column of tables 1, 2, and 6, in the "Value added"
column under the heading "1992."
Seasonal adjustment Individual series are seasonally adjusted by the X-l 1ARIMA
method, developed at Statistics Canada. For series based on production-worker
hours, the current seasonal factors were estimated with data through October 1994;
for other series, the factors were estimated with data through at least June 1994. In
some cases, series were preadjusted for the effects of holidays or the business cycle
before using X - l l ARIMA. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
Digitized equal an aggregation of the seasonally adjusted industry groups.
for FRASER
http://fraser.stlouisfed.org/
18
Federal Reserve Bank of St. Louis

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production—1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively. The early
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6. The later 1994 revision to the index will be described in a
forthcoming Federal Reserve Bulletin.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates as high as 90 percent have been exceeded only
in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76
(June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. The
early 1994 revision to the index was described in the Federal Reserve Bulletin, vol.
80 (March 1994), pp. 220-6. The later 1994 revision to the index will be described in
a forthcoming Federal Reserve Bulletin.
ElectricPower
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 1995
At 9:15 a.m. on January 17, February 15, March 15, April 14, May 16, June 15, July
14, August 15, September 15, October 17, November 15, and December 14.

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