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•vo^g^/ FEDERAL RESERVE statistical release For release at 9:15 a.m. (EST) January 24, 1996 G.17 (419) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Industrial production edged up 0.1 percent in December after a revised gain of 0.3 percent in November. Gains in business equipment and construction supplies were largely offset by small declines in consumer goods and materials. The end of a strike at a major aircraft producer in mid-December accounted for nearly half of the gain in business equipment and boosted total production by a bit less than 0.1 percent. For the fourth quarter, industrial production grew at an 0.8 percent annual rate after having risen at a 3.2 percent annual rate in the third quarter At 122.8 percent of its 1987 average, industrial production in December was 1.1 percent higher than it was in December 1994. Capacity utilization eased 0.2 percentage point in December, to 82.8 percent. Market Groups The output of consumer goods slipped 0.2 percent, with the weakness concentrated among industries producing nondurable goods. The production of durable consumer goods rose 1.2 percent, largely because of an increase (over) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted Index, 1987=100 Percent chanqe Oct/ Nov/ Dec.P 122.8 .1 .2 -.4 -.3 .3 .2 .1 1.1 118.7 115.5 157.4 108.7 128.7 119.0 115.4 158.8 109.6 128.6 .1 .2 .5 1.4 .0 -.7 -.7 -1.1 -.4 .1 2 .3 .6 .6 .4 .2 -.2 .9 .8 -.1 .7 -.1 4.9 -.9 1.6 124.7 134.5 113.8 97.7 125.1 124.8 134.9 113.6 97.6 125.6 .6 1.0 .1 .0 -4.8 -.4 -.7 .1 -2.0 .5 .2 .8 -.5 -.3 1.5 .1 .3 -.2 -.2 .4 .8 2.8 -1.7 -3.2 7.8 Industrial Production Oct/ Nov/ Dec.P Total index Previous estimates 122.8 122.9 122.3 122.5 122.7 122.8 Major market groups: Products, total Consumer goods Business equipment Construction supplies Materials 119.4 116.0 158.2 108.4 128.1 118.5 115.2 156.5 108.0 128.2 Major industry groups: Manufacturing Durable Nondurable Mining Utilities 124.9 134.4 114.4 100.0 122.7 124.4 133.4 114.5 98.0 123.3 Capacity Utilization Total industry Previous estimates Manufacturing Advanced processing Primary processing Mining Utilities Average 1967-95 1982 Low Dec. 94 to 1995 Sept/ 1995 Sept/ Percent of Capacity 1994 1995 1988-89 Sept/ Dec. High Oct/ Nov/ I Dec. 95 Capacity growth Dec. 94 to Dec. 95 Dec.P 82.1 71.8 84.9 85.1 83.6 83.7 83.0 83.2 83.0 83.1 82.8 3.9 81.4 80.7 82.6 87.4 86.9 70.0 71.4 66.8 80.6 76.2 85.2 83.5 89.0 86.5 92.6 84.7 82.4 90.2 89.9 86.8 82.8 81.1 86.8 89.2 90.7 82.2 80.5 86.1 87.5 91.0 82.1 80.3 86.3 87.2 92.3 81.8 80.1 86.0 87.0 92.5 4.3 4.9 2.9 .1 1.1 in the output of automotive products. Although the production of other durable goods, such as carpeting and furniture, also increased noticeably, the overall gain in this grouping was held down a bit as the output of appliances and televisions reversed some of its sharp rise in November. The output of business equipment rose 0.9 percent, boosted by the end of the aircraft strike and ongoing strength in the production of information processing equipment such as computers. However, the production of industrial equipment has been sluggish lately, on balance having changed little since August. The output of construction supplies increased noticeably in both November and December; in the fourth quarter, production expanded at about a 4-1/2 percent annual rate after a 1 percent gain in the previous quarter. The output of materials edged down, with a decline in durable materials about offsetting small gains in nondurable and energy materials. Among durables, the production of basic metals and parts for consumer durables decreased, while the output of parts for equipment grew more slowly. Even so, the output of durable materials advanced at about a 7 percent annual rate in the fourth quarter, about the same rate as in the previous quarter. Among nondurables, the output of both paper and chemicals increased but remained at weak levels, while the production of textiles declined further. Industry Groups Manufacturing output edged up 0.1 percent in December after a 0.2 percent increase in November; excluding the initial recovery in aircraft production, factory output was unchanged in December. For the fourth quarter, factory output grew 1.7 percent at an annual rate, compared with a 2.6 percent increase in the previous quarter; the deceleration was the result of the drop in the production of aircraft and parts. The output of durable manufacturing industries rose 0.3 percent in December, mainly because of the increase in aircraft and parts production and further gains in the output of computing equipment. The production of nondurable manufacturing was down again as the output indexes of many major industries declined or were little changed. The factory operating rate decreased 0.3 percentage point, to 81.8 percent. Since December 1994, which was the most recent high, capacity utilization has fallen 2.9 percentage points. With the December decline, the utilization rate in the advanced-processing industries was 80.1 percent—a 2.3 percentage point decrease from December 1994; industrial machinery and equipment, which includes computers, is the only major industry whose current operating rate is noticeably above the level of a year ago. The rate in primary-processing industries decreased 0.3 percentage point in December, to 86.0 percent, and was 4.2 percentage points below its year-ago level. Outside of manufacturing, the utilization rate in mining was down slightly in December; it fell sharply for the quarter because of contraction in the output of coal and in oil and gas extraction. The operating rate at utilities picked up a little in December; for the quarter, the rate eased just a bit from the high level of the previous quarter. INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Seasonally adjusted December data Industrial production indexes Twelve-month percent change Twelve-month percent change Manufacturing Total industry 5f -5 •10 _J 1992 1990 _J L_ 1994 -10 L_ 1990 1992 1994 Manufacturing Total industry Ratio scale, 1987 production = 100 Ratio scale, 1987 production = 100 Percent of capacity Percent of capacity 1985 1990 1995 3 1985 1990 1995 Table 1A INDUSTRIAL PRODUCTION: MARKET GROUPS Index, M>87=100 Item 1992 Value -1995 July index added1 AUQ. Sept/ Seasonally Adjusted " Not seasonally adjusted"" Oct/ r Nov. Dec.P 1995 July Aug. SeotS Oct/ Nov/ Dec.P 100.0 107.7 121.5 122.7 122.8 122.3 122.7 122.8 120.0 125.6 126.0 123.7 121.6 120.9 60.6 46.3 106.4 108.7 118.0 121.2 119.2 122.4 119.4 122.6 118.5 121.5 118.7 121.8 119.0 122.1 116.7 118.4 123.4 126.4 124.0 127.3 120.6 123.8 117.3 120.4 116.5 119.7 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 28.6 5.6 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 2.1 106.0 103.0 100.9 97.1 80.9 125.2 107.3 104.9 110.4 97.1 106.8 106.9 105.4 96.2 119.6 103.8 108.2 104.6 109.6 114.6 121.4 125.3 123.9 101.0 163.9 126.6 118.1 132.2 107.9 117.4 113.0 112.8 93.6 128.6 107.6 116.1 108.2 119.4 115.9 124.0 130.7 132.0 100.6 188.2 126.6 118.1 135.8 104.4 118.0 113.9 111.8 93.9 132.6 106.7 1??.3 108.4 128.2 116.0 125.8 132.9 133.1 102.6 187.7 130.8 119.6 139.4 106.9 117.8 113.7 111.6 93.4 134.0 107.3 119.0 111.4 122.2 115.2 123.3 128.5 128.6 100.2 179.1 126.7 118.9 139.5 105.9 116.9 113.2 111.4 92.7 135.9 106.6 114.6 107.3 117.6 115.5 124.9 130.3 129.7 100.0 182.8 130.0 120.3 143.7 105.5 118.1 113.3 111.0 91.8 134.2 108.0 118.2 108.5 122.2 115.4 126.5 132.5 132.2 99.7 190.6 131.3 121.2 141.8 107.6 119.8 112.7 110.2 90.9 134.3 106.1 118.8 108.5 123.1 111.3 100.4 90.0 72.6 58.2 98.1 123.8 109.4 115.2 102.2 110.8 114.2 112.4 93.1 140.7 106.2 111.9 109.5 112.8 120.6 122.9 127.0 125.4 93.1 183.8 128.6 119.3 135.5 108.4 118.2 120.1 119.8 98.1 147.0 107.1 118.0 109.1 121.7 121.0 129.7 138.0 138.5 105.6 197.6 135.2 122.4 142.0 110.5 120.2 118.9 119.9 97.9 148.3 107.3 106.2 112.7 103.2 117.5 132.1 141.4 145.1 112.5 203.3 132.1 124.1 148.7 109.9 121.0 114.0 117.6 94.8 136.4 104.6 97.5 108.2 92.7 113.6 124.4 129.1 129.7 100.4 182.1 126.2 120.3 140.9 100.9 122.5 111.0 110.1 91.3 128.3 107.6 112.7 112.4 112.6 112.2 117.1 118.0 114.4 88.9 159.9 123.9 116.2 124.7 101.0 121.3 111.0 104.0 88.3 126.2 106.8 140.9 113.5 152.6 Equipment, total Business equipment Information processing & related Computer and office Industrial Transit Autos and trucks Other Defense and space equipment Oil and gas well drilling Manufactured homes 17.7 13.7 5.7 1.4 4.0 2.6 1.2 1.4 3.3 .6 .2 112.5 123.4 137.8 172.6 105.7 135.8 112.9 103.3 84.8 79.9 94.2 131.6 155.7 197.2 371.7 127.1 139.8 139.9 122.6 66.5 88.4 148.6 132.9 157.5 201.0 379.6 129.1 138.0 141.3 122.2 66.1 89.5 155.9 133.1 158.2 203.0 390.0 128.7 137.9 143.3 123.3 65.2 88.3 158.0 131.5 156.5 206.2 402.9 128.8 122.5 135.7 121.0 64.3 83.5 158.9 131.8 157.4 208.9 416.5 129.4 119.5 134.0 122.4 63.1 83.1 161.8 132.7 158.8 211.4 425.7 128.9 123.1 135.4 123.1 62.5 83.8 157.0 129.6 153.7 204.5 394.3 128.4 110.8 89.6 120.7 65.0 86.5 137.5 135.6 161.6 210.6 411.4 132.1 134.2 135.7 123.5 65.0 90.2 169.1 137.4 163.7 211.3 407.1 133.6 140.6 146.6 125.7 65.5 92.6 166.4 133.6 158.7 209.0 411.2 129.0 129.7 149.6 120.4 64.2 92.2 175.9 131.2 155.4 205.6 398.3 128.5 118.3 132.7 120.9 64.2 93.8 157.9 131.8 156.7 210.7 419.7 128.0 113.6 117.5 123.2 64.6 92.9 129.7 14.3 5.3 9.0 99.3 95.2 102.0 108.5 107.3 109.5 109.4 107.0 111.0 109.5 108.4 110.3 109.4 108.0 110.4 109.3 108.7 109.9 109.6 109.6 109.8 111.6 109.3 113.2 114.4 110.9 116.8 114.0 112.9 114.8 111.1 111.7 110.9 107.8 107.7 108.0 107.0 104.3 108.9 39.4 109.7 126.8 128.1 128.1 128.2 128.7 128.6 125.0 128.8 129.0 128.4 128.3 127.8 20.8 4.0 7.5 9.2 3.1 8.9 1.1 1.8 3.9 2.1 9.7 6.3 3.3 112.8 107.4 120.9 108.4 110.0 110.1 100.5 110.8 112.7 109.9 103.7 100.5 110.1 140.2 133.9 164.4 124.4 124.9 118.9 102.6 123.9 124.4 113.8 107.5 102.3 118.1 142.3 138.4 167.1 124.9 123.1 118.8 109.2 120.4 123.1 114.6 108.5 101.4 122.8 144.1 139.8 169.1 126.8 127.0 117.8 106.2 117.0 123.3 115.1 105.8 101.2 115.0 143.9 138.6 169.4 126.5 124.2 119.0 107.4 121.2 123.8 114.8 105.6 101.3 114.3 145.4 139.9 170.9 128.2 128.8 117.4 106.2 114.4 124.0 113.8 106.0 100.2 117.9 145.0 138.8 171.4 127.4 126.5 117.7 105.7 115.4 124.4 114.2 106.2 100.0 118.8 137.4 126.0 162.1 123.6 121.6 116.4 94.5 120.7 123.3 112.0 108.5 101.2 123.3 142.3 136.2 166.3 126.6 121.0 119.6 111.2 121.0 122.9 116.7 110.6 101.7 128.8 146.3 142.0 169.9 130.0 128.0 118.8 106.5 117.6 124.2 116.6 104.0 99.5 112.9 145.0 140.7 169.7 127.9 123.6 121.1 109.5 121.0 123.8 122.9 102.2 98.3 110.0 145.2 139.7 171.7 127.3 127.9 117.1 105.4 115.1 123.5 113.5 105.0 99.9 115.2 144.5 136.5 174.7 125.0 124.6 112.8 97.0 111.8 121.1 107.3 108.1 101.5 121.4 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 Total excluding: Autos and trucks Motor vehicles and parts Computer and office equipment I 97.2 95.2 98.2 107.8 I 121.2 107.7 120.7 106.2 117.8 122.3 121.7 118.9 122.4 121.8 118.9 122.0 121.4 118.3 122.4 121.8 118.5 122.4 121.9 118.5 121.2 120.9 116.1 125.5 125.0 121.5 125.5 125.0 121.9 123.0 122.4 119.6 121.3 120.7 117.6 121.1 120.5 116.7 Consumer goods excluding: Autos and trucks Energy i 27.0 25.7 106.7 | 114.0 105.8 I 114.5 114.8 115.1 114.9 115.7 114.3 115.2 114.6 115.2 114.3 115.0 113.9 111.3 120.3 120.9 119.8 122.6 115.7 119.8 112.6 113.7 112.0 108.9 Business equipment excluding: Autos and trucks Computer and office equipment 12.5 12.2 124.3 157.2 115.1 ! 133.2 158.9 134.4 159.5 134.3 158.4 131.6 159.5 131.4 161.0 132.2 160.1 129.3 164.0 136.2 165.2 138.8 159.5 133.3 157.6 130.8 160.5 130.4 Materials excluding: Energy 29.7 111.9 133.7 135.1 136.1 136.3 136.8 136.6 131.0 135.4 137.9 137.7 136.6 134.8 1. Proportion as a share of the value added for the total index. Table 1B INDUSTRIAL PRODUCTION: MARKET GROUPS Percent change " Item 1994Q4 to 1995Q4 _ _ _ Total index 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 Equipment, total Business equipment Information processing & related Computer and office Industrial Transit Autos and trucks Other Defense and space equipment Oil and gas well drilling Manufactured homes Intermediate products Construction supplies Business supplies Materials i Seasonalivadiusted 1995 Sept/ Oct/ Nov/ Pec.P 3.9 -1.4 3.2 .8 .1 -.4 .3 .1 1.0 1.3 2.6 3.8 -2.1 -1.5 3.9 4.1 -.4 -1.0 .1 .2 -.7 -.9 .2 .3 .2 .2 .4 -.9 -1.3 -2.3 -6.0 1.9 .8 -.5 4.6 -3.1 -1.6 .8 -.5 -8.3 5.3 .2 6.0 1.1 8 1 ' 2.7 4.8 14.4 35.4 3.4 -14.5 -6.1 -3.0 -8.8 -4.8 11.3 1.2 2.6 8.1 13.3 20.3 5.6 -2.1 -2.5 -1.3 -9.9 1.3 .8 -1.5 -4.8 6.7 -1.8 7.7 i 7.2 ! 7.9 -2.7 -11.8 -15.1 -20.2 -31.3 -5.5 -3.3 -8.4 -10.4 -8.3 -7.4 -.1 3.4 -10.8 -7.4 1.5 7.4 -.9 11.0 3.8 2.7 1.0 -.6 .0 -1.3 4.6 4.3 14.2 6.8 -1.9 4.1 .5 -9.8 13.6 2.4 16.7 2.6 22.8 -.5 3.9 2.4 1.6 -5.5 9.7 4.2 5.3 18.5 -.1 1.8 -1.7 -4.1 -7.5 9.7 -1.1 -6.4 -4.3 -7.2 .2 1.4 1.6 .8 1.9 -.3 3.3 1.2 2.6 2.4 -.2 -.7 -1.9 -3.3 -3.4 -2.3 -4.6 -3.2 -.6 .1 -.9 -.8 -.4 -.2 -.7 1.5 -.6 -3.7 -3.6 -3.8 .3 1.3 1.4 .9 -.2 2.0 2.6 1.2 3.0 -.4 1.0 .0 -.4 -1.0 -1.2 1.3 3.1 1.1 3.9 -.2 1.2 1.6 1.9 -.2 4.3 1.0 .8 -1.3 1.9 1.4 -.5 -.7 -.9 .0 -1.8 .6 .0 .8 7.9 10.5 15.4 41.3 7.1 8.1 7.8 3.2 -6.3 1.0 14.1 .4 1.6 12.3 35.4 1.9 -11.1 -17.6 -12.2 -7.8 4.7 1.0 4.5 6.1 12.0 23.9 6.4 -6.6 5.5 -.6 -5.7 -.8 17.2 -1.6 1.1 18.0 41.7 2.4 -40.5 -17.0 -1.7 -15.1 -21.7 13.9 •5 1.0 2.7 -.3 -.1 1.4 .9 -1.4 -1.3 1.4 -1.2 -1.1 1.6 3.3 .1 -11.2 -5.3 -1.9 -1.4 -5.4 .6 .3 .6 1.3 3.4 .5 -2.4 -1.2 1.2 -1.8 -.4 1.8 -.2 -.7 .1 -1.1 -.2 -1.7 -4.2 -7.8 -1.8 3.3 1.1 4.7 1.3 4.6 -.7 .1 1.4 -.7 .0 -.4 .1 -.1 .6 -.5 .3 .8 .0 2.6 5.9 -.3 2.1 2.7 .0 .1 .4 7.3 1.3 5.3 1.1 9.2 I 1-2 6.5 1.5 5.1 3.2 -1.6 -.8 1.7 -2.7 -10.8 -2.8 1.6 .1 -.8 .4 -4.8 -2.4 -4.5 -.2 -5.4 -6.4 -.2 -.8 .2 -.3 -2.2 1.0 1.2 3.6 .4 -.3 -.2 .0 -.6 1.6 Products, total Final products Seasonally adjusted annual rate 1995 Q2 Q4P Q3r Q1 I "-2 -•2 -•5 1.0 •6 -2.6 2.7 -4.6 • I i I ! 2 Not seasonally adjusted 1995 Sept/ Oct/ Nov/ Pec.P Dec. 94 to Dec. 95 .3 -1.8 -1.7 -.5 1.1 •4 .7 -2.7 -2.8 -2.8 -2.7 -.6 -.6 .7 1.0 •3 -2 -10.0 3.2 -15.2 -2.8 1.9 2.5 4.8 6.6 2.9 -2.2 1.4 4.7 -.6 .7 -4.1 -1.9 -3.2 -8.0 -2.5 -8.2 -4.0 -10.2 -3.3 -5.8 -8.7 -10.6 -10.7 -10.5 -4.5 -3.0 -5.3 -8.2 1.2 -2.6 -6.4 -3.6 -6.0 2.9 15.5 3.9 21.5 -.1 -1.3 -5.9 -.8 -8.6 -1.1 -11.8 | -2.3 -11.4 -8.6 -12.2 5.0 -1.8 1.5 -3.4 -.5 -11.5 1.7 .1 ! -2.5 -1.0 I - 5 .0 •1 -5.5 -1.1 -3.3 -9.3 -1.6 3.3 -.7 25.0 7.5 1.0 1.2 35.5 10.1 .7 1.3 .9 1.3 1.2 .3 2.2 I - 1 . 1 -.3 1.1 3.0 4.8 1.1 8.0 .5 1.7 -.9 .9 .8 2.6 -3.0 -1.6 -2.7 -3.0 -1.1 1.0 -3.5 -7.8 2.1 -4.2 -2.1 -.4 5.7 -1.8 -2.1 -1.7 -3.1 -.3 -8.7 -11.3 .4 .1 1.8 -10.2 .5 .8 2.5 5.4 -.4 ^.0 -11.5 1.9 .5 -1.0 -17.9 -.3 1.9 -1.7 -2.5 -1.1 -3.4 -3.0 -3.6 -2.5 -.1 .1 -.5 -.1 -.4 1.6 1.1 .9 .9 1.4 3.7 -1.4 -1.1 -5.6 .2 -.8 .4 -1.1 3.2 -.3 -.8 .3 -.6 -1.8 .3 -.5 .9 .3 .3 .2 -.2 .7 2.8 4.3 2.2 2.7 5.8 -.7 -4.3 -2.8 1.0 -.1 -6.0 -2.1 -12.3 -.9 -.9 -.1 -1.7 -3.4 2.0 2.8 2.9 -.3 5.4 -1.7 -1.2 -2.6 .2 -.7 1.2 -.4 3.5 -3.3 -3.8 -^.9 -.3 -7.7 2.7 1.6 4.8 -.5 -2.3 1.8 -1.9 -2.6 -3.7 -8.0 -2.9 -2.0 -5.5 2.9 1.5 5.4 4.2 -2.2 12.6 -.1 -.6 -3.6 -6.6 -5.2 -.3 -6.8 .2 -2.1 4.6 I 5.5 8.6 10.5 13.4 7.5 5.1 2.6 4.8 1.9 1.7 I -1.0 •1 I -.3 • ! 9 - -.7 -3.1 I .8 • 5 2.7 4.9 14.2 35.6 3.1 -13.5 -5.2 -2.2 -9.6 -4.0 4.5 -.3 "-9 .1 5.3 -.4 13.3 1.2 .6 -2.3 -6.0 -3.7 1.0 -5.2 .3 -1.0 2.8 8.3 6.6 13.9 4.3 2.8 3.2 2.9 .7 10.2 -7.3 2.7 2.6 2.7 -1.1 -14.4 12.7 -5.9 -4.8 -1.0 -8.1 4.2 -.8 -2.1 2.7 1.5 4.9 7.2 2.5 17.5 .3 -.3 -9.2 -18.9 -8.0 -6.5 -10.2 1.0 -3.4 9.5 Total excluding: Autos and trucks Motor vehicles and parts Computer and office equipment 1.8 1.9 .6 3.7 3.6 3.0 -.7 -.3 -2.4 3.2 3.3 2.5 1.0 .9 -.5 .1 .1 .0 -.3 -.3 -.5 .3 .3 .2 .0 .1 .0 .0 .0 .4 -2.0 -2.1 -1.9 -1.4 -1.4 -1.6 -.2 -.2 -.8 1.2 1.3 .1 Consumer goods excluding: Autos and trucks Energy .6 -.2 .3 .5 -1.2 -3.8 4.2 2.5 -.7 .2 .1 .5 -.5 -.4 .3 .0 -.3 -.2 -.4 1.4 -3.4 -2.3 -2.7 -5.0 -.5 -4.2 .0 -.9 Business equipment excluding: Autos and trucks Computer and office equipment 5.9 -.8 10.8 5.6 3.7 -A A 6.2 2.6 2.9 -6.6 .4 .0 -.7 -2.1 .7 -.1 .9 6 .7 1.9 -3.5 -4.0 -1.2 -1.8 1.9 -.3 5.9 -.8 Materials excluding: Energy 3.2 6.8 -1.1 2.4 4.9 .7 .1 .4 -.1 1.9 -.1 -.8 -1.3 2.0 Durable Consumer parts Equipment parts Other Basic metals Nondurable Textile Paper Chemical Other Energy Primary Converted fuel SPECIAL AGGREGATES Note—Percent changes shown in the first and last columns are based on seasonally adjusted data. 5 Table 2A INDUSTRIAL PRODUCTION: INDUSTRY GROUPS I Oct/ Index. 1987=100 | Not seasonally adjusted 1995 Nov/ Dec.P July Aug. Sept/ Oct/ Nov/ Dec.P 122.8 122.3 122.7 122.8 120.0 125.6 126.0 123.7 121.6 120.9 124.2 124.9 124.4 124.7 124.8 121.5 127.4 129.3 127.1 123.8 121.5 104.8 I 116.9 109.7 126.3 116.6 127.8 117.8 128.2 117.1 127.9 117.6 128.1 117.6 128.2 114.9 124.6 118.2 131.8 120.0 133.7 119.3 130.8 117.3 126.9 114.1 125.0 45.0 2.0 1.4 2.1 109.3 i 131.5 95.2 103.7 99.2 111.1 95.3 103.2 133.2 103.7 110.9 103.0 134.4 106.2 112.0 103.8 133.4 105.5 111.2 104.7 134.5 105.2 111.4 105.4 134.9 105.6 112.2 105.4 127.1 102.1 110.3 103.3 134.5 107.7 118.0 106.8 137.8 109.7 117.9 107.0 135.9 110.9 112.2 107.9 133.9 103.8 109.3 105.6 132.7 98.9 110.6 101.2 Primary metals 33 Iron and steel 331,2 Raw steel Nonferrous 333-6,9 Fabricated metal products 34 ! Industrial machinery and equipment 35 Computer and office equip 357 Electrical machinery 36 3.1 1.7 .1 1.4 5.0 101.9 118.3 104.7 i 119.3 101.2 111.5 98.1 j 116.5 99.0 112.4 115.4 117.7 114.2 111.9 114.3 121.0 127.0 118.6 113.2 115.1 115.8 115.5 111.3 115.6 114.1 121.8 125.0 116.4 117.2 114.8 119.8 121.7 116.0 116.9 114.9 113.7 116.1 108.6 110.2 111.7 113.0 114.5 110.6 110.6 116.9 121.7 127.3 117.3 114.4 118.7 115.9 115.3 111.9 116.0 116.2 120.8 123.7 114.8 116.8 115.2 116.4 117.4 110.1 114.7 114.4 8.0 1.8 7.2 124.0 172.6 123.5 176.0 371.7 175.7 179.5 379.6 178.7 181.3 390.0 180.8 183.9 402.9 182.3 186.3 416.5 183.8 187.7 425.7 183.7 179.6 394.3 171.7 184.3 411.4 179.6 186.7 407.1 184.3 184.4 411.2 185.2 180.8 398.3 185.6 184.1 419.7 184.9 Transportation equipment Motor vehicles and parts Autos and light trucks Aerospace and misc. Instruments Miscellaneous 372-6,9 38 39 9.5 4.8 2.5 4.7 5.4 1.3 104.8 107.4 102.1 102.3 106.3 106.9 111.6 136.7 124.3 87.6 110.2 121.4 114.1 142.1 131.6 87.2 111.4 122.4 114.1 143.3 132.8 85.9 111.3 122.9 109.3 139.7 128.4 80.0 111.2 122.2 108.4 140.6 129.4 77.5 112.1 123.1 109.5 141.0 131.7 79.2 112.1 124.1 93.8 102.0 72.7 86.0 112.1 116.4 111.0 137.3 124.8 85.7 113.7 123.1 116.0 146.8 138.1 86.4 115.1 125.7 113.9 149.5 144.9 79.7 111.9 127.0 108.6 140.2 129.5 78.1 111.7 127.6 105.3 130.5 114.2 80.9 112.2 125.0 20 21 22 23 26 40.5 9.4 1.6 1.8 2.2 3.6 106.7 106.9 95.8 104.0 95.0 110.0 114.3 115.3 99.1 109.9 94.8 121.3 114.3 115.5 91.3 112.4 94.5 118.6 114.4 115.5 90.2 110.5 94.5 118.5 114.5 115.3 90.4 111.2 93.0 119.6 113.8 114.8 89.3 110.1 92.6 116.0 113.6 114.4 86.9 109.2 92.6 116.6 115.2 117.3 82.7 104.1 93.0 118.6 119.6 122.9 97.3 116.3 97.4 119.8 119.8 124.1 94.0 113.9 97.5 118.6 117.3 121.1 101.1 116.5 94.1 121.9 112.6 115.0 87.3 107.4 93.1 115.2 109.2 111.1 71.2 98.1 92.2 111.0 27 28 29 30 31 6.8 9.9 1.4 3.5 .3 98.1 114.4 102.6 116.2 89.0 99.0 124.0 109.0 137.7 78.7 100.5 124.4 108.5 138.7 80.8 99.8 125.3 110.0 139.8 80.5 99.2 126.9 107.0 139.8 79.3 99.5 125.8 108.3 140.7 78.0 98.7 125.9 109.5 140.8 76.5 103.5 129.1 113.8 133.3 74.4 106.7 131.2 113.6 139.3 82.4 105.6 132.1 114.9 141.3 82.6 100.0 127.2 109.0 141.8 80.5 97.9 122.4 111.0 140.2 79.4 96.7 119.8 110.2 139.2 77.0 10 12 13 14 6.9 .5 1.0 4.8 .6 98.9 163.7 108.2 93.2 99.1 100.7 172.2 117.0 91.9 113.5 100.0 172.1 109.7 92.4 111.6 100.0 170.8 116.2 91.2 113.1 98.0 176.3 112.3 89.0 112.4 97.7 174.8 109.5 89.4 111.1 97.6 172.7 108.5 89.4 111.8 98.6 171.9 106.2 90.2 121.6 100.1 173.0 113.2 91.0 120.0 100.7 173.2 117.9 90.7 121.5 99.5 171.2 114.2 90.2 118.8 99.8 172.0 109.4 92.1 113.6 98.5 169.8 104.9 92.1 106.5 in 6.1 1.6 111.9 111.7 112.7 122.7 122.2 124.5 128.8 130.0 124.3 122.7 122.7 122.4 123.3 123.7 121.7 125.1 124.9 125.9 125.6 125.0 127.8 125.4 138.4 74.1 130.6 144.7 74.9 114.7 125.8 70.8 109.6 114.6 90.1 119.0 116.2 130.0 137.3 125.7 183.2 80.6 83.7 108.2 106.3 122.5 118.9 123.1 119.8 123.8 120.3 123.5 119.7 123.8 119.8 123.8 119.7 122.6 116.8 126.9 122.6 128.2 124.5 125.7 122.2 122.8 119.1 121.0 116.6 11.3 6.2 5.1 4.8 0.4 12.0 6.2 5.8 5.5 0.3 12.1 6.3 5.8 5.5 0.3 11.6 6.1 5.5 5.2 0.3 11.7 6.1 5.6 5.3 0.3 11.9 6.1 5.8 5.5 0.3 6.5 3.5 3.0 2.8 0.3 12.1 6.1 6.0 5.7 0.4 12.2 6.3 5.9 5.6 0.3 13.3 7.0 6.3 6.0 0.3 11.9 6.2 5.7 5.4 0.3 10.0 5.3 4.7 4.5 0.2 Item __ 1992 Value1 Index SIC added 1995 July Aug. Seot.r 100.0 107.7 121.5 122.7 85.4 108.2 123.3 26.6 58.9 Total index Manufacturing Primary processing Advanced processing Durable Lumber and products Furniture and fixtures Stone, clay, and glass products 37 371 Nondurable Foods Tobacco products Textile mill products Apparel products Paper and products Printing and publishing Chemicals and products Petroleum products Rubber and plastics products Leather and products Mining Metafmining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas 24 25 32 491,3pt 492,3pt SeasonallvAdiusted SPECIAL AGGREGATES Manufacturing excluding: Motor vehicles and parts Computer and office equipment Memo: Motor vehicle assemblies 2 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 machinery and equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. 6 Table 2B INDUSTRIAL PRODUCTION: INDUSTRY GROUPS Percent change SIC Item Seasonal iy adj usted annual rate 1995 Q2 . 021.« Q4p Q1 1994Q4 to 1995Q4 Seasonallvadiusted 1995 Seat/ Oct/ Nov/ Dec.P Not seasonally adjusted 1995 Seot/ Oct/ Nov/ Dec.P Dec. 94 to Peg. 95 Total index 1.6 3.9 -1.4 3.2 .8 .1 -.4 .3 .1 .3 -1.8 -1.7 -.5 1.1 Manufacturing 1.5 3.9 -2.2 2.6 1.7 .6 -.4 .2 .1 1.4 -1.7 -2.6 -1.8 .8 -.8 2.5 2.4 4.6 -4.7 -1.1 -2.1 4.8 1.3 1.9 1.0 .3 -.6 -.3 .4 .1 .0 .1 1.5 1.4 -.5 -2.2 -1.7 -3.0 -2.7 -1.5 -1.9 2.0 .3 .4 I .7 .0 2.5 1.8 ~-1 .2 -1.4 1.1 -4.8 .8 -1.5 -6.3 -2.6 -2.1 -.9 -4.8 1.2 -4.2 2.8 -2.7 -1.6 -.3 Primary processing Advanced processing 3.4 -5 -2.3 .8 I 6.9 -2.4 -.5 2.3 -2.0 -9.0 -9.6 -4.5 5.2 6.7 .6 -1.8 3.9 3.4 .8 7.5 1.0 2.4 1.0 .8 -.7 -.7 -.7 .9 .8 -.3 .2 .7 33 Primary metals 331,2 Iron and stee Raw steel 333-6,9 Nonferrous 34 Fabricated metal products Industrial machinery 35 and equipment 357 Computer and office equip. 36 Electrical machinery -1.4 -2.9 .2 .4 1.0 1.2 3.4 5.8 -1.6 ! 3.8 -6.8 -10.6 -8.3 -1.8 -4.4 -2.9 -1.9 4.5 -4.1 2.5 3.1 -2.0 -.7 9.8 2.3 4.9 7.9 3.9 1.2 .7 -4.3 -9.0 -6.1 2.1 -.9 5.1 8.2 4.5 1.4 .6 -1.6 -2.7 -.3 -.3 .1 7.7 11.2 6.1 3.5 1.5 -4.8 -9.5 -4.7 1.4 -2.1 4.2 7.3 2.6 .6 -.9 -3.6 -5.1 -4.1 -1.8 -.7 -2.5 -4.5 -3.8 .2 .1 12.0 35.4 12.2 14.8 I 41.3 11.5 6.1 35.4 8.1 10.7 23.9 17.9 16.7 41.7 i 11.4 1.0 2.7 1.1 1.4 3.3 .8 1.3 3.4 .9 .8 2.2 -.1 1.3 -1.1 2.6 -1.2 1.0 .5 -2.0 -3.1 .2 1.8 5.4 -.4 12.1 35.6 10.5 37 371 372-6,9 38 39 -6.3 -2.7 -2.7 -12.0 1.4 .7 5.7 9.7 13.8 -.2 1.8 4.6 -12.9 -18.2 -21.3 -3.9 -.6 -3.1 -2.8 .6 -.8 -7.9 1.5 -1.4 -14.0 -.8 .8 -32.1 3.0 2.9 -.1 .9 .9 -1.5 -.1 .4 -4.2 -2.5 -3.3 -6.9 -.1 -.6 -.8 .6 .8 -3.2 .8 .7 1.0 .3 1.8 2.2 .0 .8 4.5 6.9 10.7 .8 1.2 2.2 -1.8 1.8 4.9 -7.8 -2.8 1.0 -4.7 -6.2 -10.6 -2.1 -.2 .5 -3.0 -6.9 -11.8 3.6 .4 -2.0 -6.7 -3.4 -3.0 -11.8 1.5 1.6 20 21 22 23 26 -.9 .3 -5.7 -5.0 -8.6 -3.6 .5 1.7 -18.3 1.5 -6.0 -2.4 -2.5 2.4 13.6 -8.8 -11.8 .5 -.4 -1.0 4.4 -9.6 -8.9 -5.5 -1.2 -2.0 -18.5 -2.7 -7.7 -6.7 .1 .0 -1.2 -1.6 -.1 -.1 .1 -.2 .2 .6 -1.5 1.0 -.5 -.4 -1.2 -.9 -.5 -3.1 -.2 -.4 -2.7 -.9 .0 .5 .1 1.0 -3.4 -2.1 .1 -1.0 -2.1 -2.5 7.6 2.4 -3.4 2.8 -4.0 -5.1 -13.7 -7.8 -1.0 -5.5 -3.0 -3.4 -18.4 -8.7 -1.0 -3.7 -1.7 -.4 -6.5 -6.4 -8.9 -4.8 27 28 29 30 31 -1.8 2.3 .7 .0 -9.5 -4.1 6.4 3.0 3.4 -3.4 -3.9 -A.2 -1.1 -7.2 -13.9 3.5 2.0 4.5 -.6 -10.6 -2.6 5.3 -3.4 4.9 -9.8 -.7 .7 1.4 .8 -.4 -.6 1.2 -2.8 .0 -1.5 .3 -.8 1.2 .6 -1.6 -.8 .1 1.1 .1 -2.0 -1.0 .7 1.2 1.4 .2 -5.3 -3.7 -5.2 .3 -2.5 -2.1 -3.8 1.8 -1.1 -1.3 -1.2 -2.1 -.7 -.7 -3.1 -2.0 .9 1.3 -.6 -10.8 10 12 13 14 -2.3 7.3 -3.1 -3.6 1.9 2.1 5.2 5.1 -.1 12.2 .4 1.2 -10.9 3.6 -3.5 -1.8 16.7 9.4 -6.5 3.2 -9.5 7.0 -13.9 -10.8 -3.5 .0 -.8 5.9 -1.4 1.4 -2.0 3.3 -3.3 -2.4 -.7 -.3 -.8 -2.5 .4 -1.1 -.2 -1.2 -1.0 .0 .6 .5 .1 4.1 -.4 1.3 -1.1 -1.1 -3.1 -.5 -2.2 .3 .5 -4.2 2.0 -4.4 -1.3 -1.3 .0 -6.2 -3.2 6.2 -6.9 -3.9 1.7 491,3pt 492,3pt 6.7 5.8 10.4 5.4 4.2 10.5 8.0 5.3 19.3 14.2 16.0 7.5 -.3 -1.5 4.8 -4.8 -5.6 -1.5 .5 .8 -.5 1.5 1.0 3.5 .4 .1 1.5 -12.2 -13.1 -5.5 -4.4 -8.9 27.3 8.5 1.4 44.3 15.4 8.2 40.9 7.8 6.5 13.0 1.8 .4 3.5 2.9 -1.0 -3.4 2.8 1.9 1.8 .2 .5 .5 -.2 -.5 .2 .1 1.1 -1.9 1.5 • -1.8 -2.3 -2.6 -1.5 -2.1 1.1 -.4 Durable Lumber and products Furniture and fixtures Stone, clay, and glass products Transportation equipment Motor vehicles and parts Autos and light trucks Aerospace and misc. Instruments Miscellaneous Nondurable Foods Tobacco products Textile mill products Apparel products Paper and products Printing and publishing Chemicals and products Petroleum products Rubber and plastics products Leather and products Mining Metalmining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas 24 25 32 ! ; ! 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 .o! .0| Table 3 CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES Percent of capacity, seasonally adjusted Item 1995 Proportion SIC I 19671995 Ave. 1973 High 19781980 High 1982 Low 19881989 High 19901991 Low 1994 Dec. 1995 July Aug. Sept/ Oct/ Nov/ Dec.P Total industry 100.0 82.1 89.2 87.3 71.8 84.9 78.0 85.1 83.3 83.8 83.6 83.0 83.0 82.8 Manufacturing 87.3 81.4 88.9 87.3 70.0 85.2 76.6 84.7 82.3 82.6 82.8 82.2 82.1 81.8 25.2 62.1 82.6 80.7 92.2 87.5 89.7 86.3 66.8 71.4 89.0 83.5 77.9 76.1 90.2 I 86.6 82.4 80.5 86.1 81.2 86.8 81.1 86.1 80.5 86.3 80.3 86.0 80.1 48.7 1.8 1.4 2.1 79.4 83.4 81.9 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 I 84.4 76.1 I 92.7 72.2 85.7 71.0 81.7 82.0 87.6 82.0 79.1 82.6 87.5 31.7 78.8 83.0 89.4 82.3 79.3 82.0 88.7 81.4 79.9 82.3 88.3 81.4 80.3 82.2 88.5 81.7 80.2 2.9 1.6 .1 1.3 100.6 105.8 102.7 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 74.2 72.0 71.5 75.2 73.6 97.3 96.7 92.5 97.0 90.2 100.6 ! 92.9 96.2 95.5 84.5 82.4 78.8 80.9 90.1 88.9 94.9 91.6 83.6 81.2 94.4 95.7 98.4 92.6 76.7 82.2 90.2 86.9 92.3 94.4 85.7 81.6 94.7 93.8 96.3 95.7 86.6 82.6 93.0 91.1 .1 80.9 80.6 80.3 81.8 73.5 88.6 95.3 84.7 84.0 34 5.1 77.8 87.8 83.9 62.9 82.0 71.3 85.7 82.9 84.2 84.6 83.7 84.1 84.0 35 357 36 9.6 3.2 8.7 81.2 80.7 80.8 96.4 90.9 87.8 92.1 93.5 89.4 64.9 63.1 71.1 84.0 84.4 84.9 71,8 64.5 77.0 87.3 82.9 88.5 86.8 86.3 87.1 87.8 86.6 87.7 87.9 87.3 87.8 88.5 88.6 87.5 88.9 89.9 87.4 88.8 90.2 86.4 37 371 10.3 5.8 2.9 4.5 5.3 1.5 75.1 76.2 83.8 93.4 75.2 81.8 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 69.7 56.6 53.3 78.8 76.8 73.0 77.7 85.6 86.2 67.9 78.0 75.4 72.7 77.8 77.7 66.3 77.5 73.3 74.2 80.6 82.1 66.0 78.2 73.7 73.9 80.9 82.7 65.0 78.1 73.8 70.7 78.5 79.8 60.6 78.0 73.1 70.0 78.7 80.2 58.7 78.5 73.4 70.5 78.6 81.4 60.0 78.4 73.7 20 22 23! 26 261-3 27 38.7 9.1 1.7 2.1 3.2 1.3 6.4 83.5 82.3 86.2 80.9 89.8 92.5 86.0 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 80.3 ! 80.8 78.8 75.0 86.7 90.1 79.0 85.0 83.0 90.8 81.3 94.2 96.8 81.7 82.7 82.3 84.0 75.3 91.8 96.7 79.2 82.6 82.4 85.7 75.1 89.6 94.3 80.2 82.4 82.2 84.1 74.9 89.2 91.8 79.5 82.3 81.9 84.4 73.7 89.9 93.5 78.8 81.7 81.5 83.4 73.3 86.9 89.3 78.9 81.3 81.0 82.4 73.2 87.2 90.1 78.1 Chemicals and products 28! Plastics materials 2821 Synthetic fibers 2823,4 Petroleum products 29 Rubber and plastics products 30 Leather and products 31 9.9 •7 •4 1.2 3.5 .2 79.8 86.2 85.2 86.0 84.4 82.2 87.9 102.0 93.8 96.7 94.0 81.3 85.1 90.9 98.5 89.5 90.4 92.4 70.1 63.4 64.4 68.2 73.5 78.1 85.9 97.0 99.7 88.5 90.5 83.8 79.0 74.8 77.6 84.6 78.0 76.0 81.5 100.1 92.9 93.2 94.2 84.7 79.8 87.9 86.4 93.7 87.8 78.2 80.0 85.4 85.5 93.2 87.9 80.4 80.4 88.7 88.2 94.5 88.1 80.2 81.2 89.4 88.5 91.8 87.6 79.1 80.4 80.3 88.6 92.9 87.6 77.9 93.9 87.1 76.5 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 86.1 80.0 83.4 86.8 53.7 79.4 89.9 84.4 88.7 90.6 70.9 90.4 89.9 88.9 88.5 90.0 72.8 91.8 89.2 88.8 82.9 90.5 73.9 90.0 89.2 88.1 87.7 89.3 73.1 91.0 87.5 90.9 84.7 87.3 69.2 90.1 87.2 90.0 82.6 87.7 69.1 88.9 87.0 88.8 81.7 87.7 69.8 89.2 95.6 99.0 93.2 88.3 88.3 93.6 76.2 78.7 70.8 92.6 94.8 85.5 83.1 86.7 68.3 86.8 89.3 78.0 90.8 92.3 85.5 95.3 98.1 35.4 90.7 92.5 84.0 91.0 93.1 83.5 92.3 93.9 86.3 92.5 93.9 87.6 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 Minina Metaimining Coal mining Oil and gas extraction Oil and gas well drilling Stone and earth minerals Utilities Electric Gas 24 I 25 32 33 331,2 333-6,9 3331 3334 372-6,9 38 39 i -1 5.7 I 10 12 13 138 14 3.9 •6 .5 •9 87.4 78.7 86.9 88.2 72.6 84.6 491,3pt 492,3pt 6.9 5.4 1.5 86.9 89.0 82.5 .4 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 machinery and equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. 8 Table 4 INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES "TZIZIIIZ^ _ - - "" _ jecembertoDec ©rnb§x„ "^^TrHIaTrSZIIIT Item -T967T- 1967- 19751995 1975 1995 Ave. „.Aya_ ^Aye.„, J 9 § L SIC _jaa2_ Capacity indexes Percent of 1987 output 1993 1994 1995 1994 Dec. 1995 July Aug. Sept. Oct. _NgVL.—Bgg^, Total industry 2.9 3.7 2.5 1.9 2.1 2.1 3.2 3.9 142.8 145.9 146.4 146.9 147.3 147,8 148.3 Manufacturing 3.3 3.9 3.0 1.9 2.5 2.5 3.6 4.3 146.2 149.8 150.3 150.9 151.4 152.0 152.5 Primary processing Advanced processing 2.2 3.8 4.0 3.9 1.4 3.8 1.2 2.4 1.4 2.9 1.5 2.9 2.2 4.2* 2.9 4.9 132.9 152.6 135.0 156.9 135.4 157.5 135.7 158.1 136.0 158.8 136.4 159.5 136.7 160 J Durable Lumber and products 24 Furniture and fixtures 25 Stone, clay, and glass products 32 3.6 1.7 3.0 1.3 3.7 2.9 4.5 2.5 3.5 1.2 2.3 .8 2.3 -.1 .3 .6 2.5 .7 1.0 .7 3.1 1.2 1.9 .2 4.8 .8 1.9 1.0 5.6 2.0 3.1 1.6 155.5 117.1 133.1 129.3 160.4 118.4 135.4 130.5 161.1 118.6 135.8 130.7 161.9 118.8 136.2 130.9 162.7 119.0 136.5 131.1 163.4 119.2 136.9 131.2 164.2 119.4 137.2 131.4 33 331,2 333-6,9 3331 3334 .0 -.8 -1.2 1.3 .3 1.3 1.7 .7 .3 3.6 1.8 5.2 -.7 -1.4 -1.8 .3 -.4 -.4 -.9 -1.4 -1.7 .1 6.5 .6 -1.2 -2.4 -3.1 .4 7.8 .3 -.2 -.8 -4.3 .5 5.0 .5 2.0 3.1 1.4 .6 -1.2 .0 1.4 1.7 .9 1.1 3.0 .0 127.0 131.3 119.9 121.3 156.2 125.0 127.8 132.2 120.1 122.1 158.8 125.0 128.0 132.5 120.3 122.2 159.2 125.0 128.2 132.7 120.5 122.3 159.6 125.0 128.4 133.0 120.6 122.4 160.0 125.0 128.6 133.2 120.8 122.5 160.5 125.0 128.8 133.5 121.0 122.7 160.9 125.0 34 1.6 3.1 1.0 -.2 .4 1.1 1.9 2.0 134.0 135.6 135.8 136.0 136.2 136.5 138.? 35 357 36 6.6 20.6 5.9 4.7 12.0 6.1 7.5 24.7 5.8 5.2 14.0 4.9 4.0 14.0 6.5 6.0 19.1 7.4 9.0 25.5 9.9 10.2 24.7 13.2 191.8 378.5 187.9 202.8 430.6 201.7 204.5 438.5 203.8 206.2 446.6 206.0 207.9 454.9 208.2 209.7 463.3 210.4 211.5 471.9 212.7 37 371 2.7 3.4 3.0 4.5 2.5 2.9 372-6,9 38 39 1.8 4.8 2.5 1.3 7.6 4.4 2.0 3.7 1.6 1.6 3.1 1.0 -.1 1.2 2.7 2.1 3.8 2.5 .3 1.3 5.0 1.9 4.6 2.7 -.9 .9 3.6 3.5 6.8 6.1 -.2 .9 3.9 2.8 5.2 2.7 -.1 1.0 4.0 151.1 170.6 157.5 132.2 141.4 161.8 153.5 175.7 159.9 132.1 142.3 165.6 153.9 176.4 160.3 132.1 142.4 166.1 154.2 177.2 160.6 132.1 142.5 166.7 154.6 177.9 161.0 132.1 142.6 167.2 155.0 178.7 161.3 132.1 142.7 167.8 155.3 179.5 161.7 132 J 142»§ 168.3 20 22 23 26 261-3 27 2.9 2.5 2.2 1.4 2.8 2.4 3.0 4.3 3.0 4.3 2.3 3.9 3.0 3.0 2.2 2.3 1.3 1.0 2.3 2.1 3.0 1.8 1.8 1.5 -.5 2.7 2.9 .6 2.4 2.2 2.6 2.4 2.2 2.2 1.0 1.7 2.1 3.4 2.5 2.2 1.7 -1.0 2.2 2.0 3.1 .9 2.1 1.4 1.8 2.7 2.0 3.1 1.2 2.9 2.6 2.5 136.0 138.4 128.4 125.0 130.0 124.8 123.3 138.1 140.0 130.7 125.8 132.2 126.7 125.1 138.4 140.2 131.1 125.9 132.5 126.9 125.3 138.7 140.5 131.4 126.1 132.8 127.2 125.6 139.0 140.7 131.7 126.2 133.1 127.5 125.8 139.4 140.9 132.1 126.3 133.4 127.8 126.1 139.7 141.2 132,4 126.4 133.® 128.0 126.4 Chemicals and products 28 Plastics materials 2821 Synthetic fibers 2823,4 Petroleum products 29 Rubber and plastics products 30 Leather and products 31 3.8 6.5 4.2 1.5 5.6 -3.2 6.8 12.7 9.7 4.2 8.6 -1.5 2.5 3.8 1.8 .3 4.3 -4.0 3.2 1.0 1.5 -1.0 3.5 -4.4 4.1 1.1 5.0 -1.3 4.2 -2.6 2.5 .4 1.5 -.5 4.1 -2.2 2.2 3.3 3.6 .3 4.7 -2.6 2.5 5.0 3.5 .6 7.5 -1.3 153.1 131.1 133.4 115.9 150.3 101.3 155.3 134.9 136.1 116.3 156.7 100.6 155.6 135.4 136.5 116.4 157.7 100.5 155.9 136.0 136.9 116.5 158.7 100.4 156.2 136.6 137.3 116.5 159.6 100.3 156.6 137.1 137.7 116.6 160.6 100.2 156.9 137.7 138.0 116.6 161.6 100.1 10 12 13 138 14 .0 1.3 2.4 -.5 .3 1.0 -.1 .7 2.5 -1.0 .8 2.6 .1 1.6 2.4 -.4 .1 .3 -.2 2.0 2.1 -.9 -5.5 -.5 -1.2 2.5 .9 -2.3 -8.2 .6 -.9 1.6 1.1 -1.9 -6.2 .9 -.1 -.6 1.1 -.5 -1.0 1.6 .1 .8 1.1 -.6 -2.4 3.1 112.0 192.7 131.4 102.5 123.0 121.6 112.0 193.6 132.2 102.2 121.4 123.7 112.0 193.8 132.3 102.1 121.1 124.0 112.1 193.9 132.4 102.1 120.9 124.3 112.1 194.0 132.6 102.0 120.6 124.6 112.1 194.2 132.7 101.9 120.4 125.0 112.1 194.3 132.8 101.9 120.1 125.3 491,3pt 492,3pt 2.8 3.9 .3 6.0 7.8 2.3 1.4 2.2 -.6 1.2 1.6 .0 1.2 1.5 .0 .5 .6 .2 .5 A .5 1.1 1.2 .7 134.2 131.5 145.0 135.1 132.4 145.5 135.2 132.5 145.6 135.3 132.7 145.7 135.4 132.8 145.8 135.6 133.0 145.9 135.7 133.1 146.0 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 1. Series begins in 1977. 9 Table 5A INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA Seasonally adjusted Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Q1 Q2 Q3 Q4 Annual Industrial Production, Percent Change1 1983 1984 1985 1986 1987 1.9 2.0 .4 .5 -.3 .0 -.1 .7 -.7 1.4 .8 1.0 .3 -.9 .4 1.2 .6 .4 .2 .5 1.1 .7 .2 .0 .6 .6 .5 -.3 -.5 .9 1.8 .4 -.3 .5 .4 1.4 .1 .5 .2 .3 1.7 -.1 .5 .1 -.2 .8 -.7 -.8 .7 1.3 .2 .0 .4 .7 .1 .5 -.6 1.0 .6 .7 5.7 11.2 2.4 2.4 5.5 11.1 7.7 3.8 -3.4 8.1 17.8 4.0 .1 1.3 5.2 11.2 -3.4 1.2 5.8 6.5 3.7 9.3 1.7 .9 4.9 1988 1989 1990 1991 1992 .3 .3 -.5 -.5 -.1 .2 -.5 .5 -1.0 .6 .0 .9 .3 -.8 .9 .8 .0 -.7 .3 .7 -.3 -.3 .7 .8 .5 .0 -.3 .2 1.1 -.3 .6 -1.0 -.2 .2 .8 .6 .5 .3 .3 -.2 -.5 -.4 .0 .8 .2 .3 -.4 -.5 .1 .7 .6 .4 -1.3 -.1 .6 .6 .7 -.4 -.5 .2 3.8 3.9 2.1 -8.4 .8 3.0 .3 1.1 1.1 7.0 2.9 -4.4 1.6 6.7 3.1 3.0 -.2 -5.2 2.0 4.9 4.4 1.5 .0 -1.8 3.4 .3 .4 .3 .4 .8 -.1 .0 .8 .1 .2 .3 -.4 -.5 .5 .0 .2 .5 .1 .6 .2 .1 .0 .5 1.0 .7 .1 .1 .1 .7 -.4 .7 .5 .3 3.7 8.4 3.9 .5 7.0 -1.4 3.2 4.6 3.2 Sndustriaf Production 1983 1984 1985 1986 1987 80.8 91.0 93.1 96.1 96.5 80.7 90.9 93.8 95.5 97.9 81.3 91.9 94.1 94.6 98.2 82.3 92.4 94.5 94.8 98.8 83.2 93.0 94.7 94.7 99.4 83.7 93.5 94.4 94.3 100.3 85.3 93.9 94.1 94.8 100.6 86.5 94.0 94.5 94.9 100.9 87.9 93.9 95.0 95.0 100.7 88.6 93.2 94.2 95.6 102.1 88.8 93.3 94.6 96.3 102.2 89.2 92.8 95.6 96.8 102.8 80.9 91.3 93.6 95.4 97.5 83.1 93.0 94.5 94.6 99.5 86.6 93.9 94.6 94.9 100.8 88.9 93.1 94.8 96.2 102.3 84.9 92.8 94.4 95.3 100.0 1988 1989 1990 1991 1992 103.2 106.6 105.5 104.0 105.0 103.4 106.2 106.1 102.9 105.6 103.4 107.1 106.4 102.1 106.5 104.3 107.1 105.7 102.4 107.3 104.0 106.7 106.5 103.2 107.8 104.0 106.4 106.7 104.3 107.5 104.6 105.3 106.5 104.5 108.4 105.2 105.8 106.8 104.8 108.2 104.7 105.4 106.8 105.7 108.4 105.0 105.0 106.3 105.8 109.2 105.6 105.4 105.0 105.6 109.8 106.3 106.1 104.5 105.1 110.0 103.3 106.6 106.0 103,0 106.7 104.1 106.7 106.3 103.3 107.5 104.8 105.5 106.7 105.0 108.3 105.6 105.5 105.3 105.5 109.7 104.4 106.0 106.0 104.2 107.7 1993 1994 1995 110.4 114.6 121.8 110.8 115.5 121.7 110.8 116.4 121.9 111.1 116.8 121.4 110.6 117.5 121.3 110.8 118.1 121.4 111.4 118.4 121.5 111.4 118.9 122.7 112.2 119.1 122.8 112.3 119.9 122.3 113.1 120.5 122.7 114.1 121.5 122.8 110.7 115.5 121.8 110.8 117.5 121.4 111.7 118.8 122.3 113.2 120.6 122.6 111.5 118.1 121.9 Capacity 1983 1984 1985 1986 1987 110.7 113.3 116.0 119.2 121.6 110.9 113.5 116.2 119.4 121.8 111.1 113.7 116.5 119.6 122.0 111.3 113.9 116.8 119.8 122.2 111.6 114.2 117.1 120.0 122.4 111.8 114.4 117.3 120.2 122.6 112.0 114.6 117.6 120.4 122.8 112.2 114.8 117.9 120.6 123.0 112.4 115.0 118.2 120.8 123.2 112.6 115.3 118.4 121.0 123.4 112.8 115.5 118.7 121.2 123.6 113.1 115.7 119.0 121.4 123.8 110.9 113.5 116.2 119.4 121.8 111.6 114.2 117.1 120.0 122.4 112.2 114.8 117.9 120.6 123.0 112.8 115.5 118.7 121.2 123.6 111.9 114.5 117.5 120.3 122.7 1988 1989 1990 1991 1992 123.9 125.7 128.1 130.5 132.9 124.1 125.9 128.3 130.7 133.2 124.2 126.1 128.5 130.9 133.4 124.4 126.3 128.7 131.1 133.6 124.5 126.5 128.9 131.3 133.9 124.7 126.7 129.1 131.5 134.1 124.8 126.9 129.3 131.7 134.3 125.0 127.1 129.5 131.9 134.6 125.1 127.3 129.7 132.1 134.8 125.3 127.5 129.9 132.3 135.1 125.4 127.7 130.1 132.5 135.3 125.5 127.9 130.3 132.7 135.5 124.1 125.9 128.3 130.7 133.2 124.5 126.5 128.9 131.3 133.9 125.0 127.1 129.5 131.9 134.6 125.4 127.7 130.1 132.5 135.3 124.7 126.8 129.2 131.6 134.2 1993 1994 1995 135.8 138.7 143.2 136.0 139.1 143.6 136.3 139.5 144.1 136.5 139.8 144.5 136.7 140.2 145.0 137.0 140.5 145.5 137.2 140.9 145.9 137.5 141.3 146.4 137.7 141.7 146.9 137.9 142.0 147.3 138.2 142.4 147.8 138.4 142.8 148.3 136.0 139.1 143.7 136.7 140.2 145.0 137.5 141.3 146.4 138.2 142.4 147.8 137.1 140.8 145.7 73.0 80.4 80.3 80.6 79.3 72.8 80.1 80.7 79.9 80.3 73.2 80.8 80.7 79.1 80.5 73.9 81.1 80.9 79.1 80.8 74.6 81.5 80.9 78.9 81.2 74.9 81.8 80.5 78.4 81.8 76.1 81.9 80.0 78.7 81.9 77.1 81.8 80.2 78.7 82.0 78.2 81.6 80.4 78.7 81.8 78.7 80.9 79.6 79.1 82.7 78.7 80.8 79.7 79.4 82.7 78.9 80.2 80.4 79.8 83.1 | 73.0 80.4 80.6 79.9 80.1 74.5 81.4 80.7 78.8 81.3 77.2 81.8 80.2 78.7 81.9 78.8 80.6 79.9 79.4 82.8 75.8 81.1 80.3 79.2 81.5 1988 1989 1990 1991 1992 83.2 84.8 82.4 79.7 78.9 83.3 84.3 82.7 78.7 79.3 83.2 84.9 82.8 78.0 79.9 83.8 84.8 82.1 78.1 80.3 83.5 84.3 82.6 78.6 80.5 83.4 83.9 82.6 79.3 80.2 83.8 83.0 82.4 79.4 80.7 84.2 83.3 82.5 79.4 80.4 83.7 82.8 82.4 80.0 80.4 83.8 82.3 81.8 79.9 80.8 84.2 82.5 80.7 79.7 81.2 84.6 82.9 80.2 79.2 81.2 83.3 84.7 82.6 78.8 79.4 83.6 84.3 82.5 78.7 80.3 83.9 83.0 82.4 79.6 80.5 84.2 82.6 80.9 79.6 81.0 83.7 83.7 82.1 79.2 80.3 1993 1994 1995 81.3 82.6 85.1 81.5 83.0 84.7 81.4 83.5 84.6 81.4 83.6 84.0 80.9 83.8 83.7 80.9 84.0 83.5 81.2 84.0 83.3 81.1 84.2 83.8 81.5 84.0 83.6 81.4 84.4 83.0 81.8 84.6 83.0 82.4 85.1 82.8 81.4 83.0 84.8 81.0 83.8 83.7 81.2 84.1 83.6 81.9 84.7 82.9 81.4 83.9 83.7 Year 1993 1994 1995 Utilization 1983 1984 1985 1986 1987 i .9 .8 .1 | 1. Quarterly percent changes are at annual rates. Annual percent changes are calculated from annual averages. http://fraser.stlouisfed.org/ 10 Federal Reserve Bank of St. Louis 5.5 I 6.4 .8 j 3.5 5.9 3.2 Table 5B INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA Seasonally adjusted Year m Industrial Production, Percent Change 1 1983 1984 1985 ! 1986 1987 I Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Q1 Q2 Q3 Q4 2.2 2.3 .1 1.3 .4 .6 .6 -.4 1.7 1.4 .9 .7 -1.0 .5 1.0 .4 .3 .9 .4 1.4 .5 .6 .0 .7 .8 .6 -.5 -.3 .9 1.5 .4 -.2 .6 .4 1.3 .2 .8 .5 .0 2.2 -.1 .2 .3 .2 .8 .0 -.7 .7 1.0 .5 .0 1.3 .5 .4 .1 -.4 .1 1.0 .6 10.4 13.3 1.7 4.6 6.3 13.8 6.9 5.1 .1 8.6 17.5 4.7 1.0 3.5 5.6 12.5 -.3 2.4 ! 7.2 I 6.8 5.6 10.4 2.6 2.9 6.0 ~' 6 Annual 1988 1989 1990 1991 1992 .2 .8 -.1 -.9 .1 .1 -.9 .9 -.9 .8 .2 .6 .4 -.9 .9 .7 .2 -.9 .3 .6 -.1 -.5 .5 .7 .6 .0 -.2 .0 1.3 .0 .5 -1.2 -.3 .3 .8 .4 .4 .5 .3 -.1 .0 -.4 -.1 1.0 .1 .1 -.5 -.6 .1 .6 .9 .3 -1.2 -.2 .6 .6 .2 -.5 -.4 .0 3.6 4.3 3.7 -9.8 2.3 3.3 -.3 .2 1.0 7.6 3.0 -5.3 1.0 8.1 3.8 4.4 \ -1.3 -5.5 2.5 4.3 4.7 1.6 -.3 -2.1 4.2 1993 1994 1995 .8 .2 .3 .3 .9 -.2 .0 1.0 .1 .4 .6 -.4 -.4 .6 -.3 .0 .3 .1 .6 .4 .0 -.1 .6 .7 .9 .2 .6 .0 .9 -.4 .8 .6 .2 1.1 .9 .1 4.6 8.9 3.9 1.2 8.5 -2.2 3.0 5.1 2.6 6.0 7.9 1.7 3.9 6.6 3.5 industrial Production 1983 1984 1985 1986 1987 76.2 87.1 89.9 94.0 96.2 76.5 87.6 90.4 93.6 97.8 77.6 88.3 91.1 92.7 98.3 78.3 88.7 91.4 93.5 98.7 79.4 89.1 92.0 93.6 99.4 80.0 89.7 91.5 93.3 100.3 81.2 90.1 91.3 93.9 100.7 82.3 90.3 92.0 94.4 100.7 84.1 90.2 92.3 94.6 100.9 84.7 90.2 91.6 95.3 102.0 85.1 90.2 92.8 95.8 102.4 85.2 89.8 92.8 96.7 103.0 76.8 87.7 90.5 93.5 97.4 79.3 89.2 91.6 93.5 99.4 82.5 90.2 91.9 94.3 100.8 85.0 90.1 92.4 95.9 102.5 80.9 89.3 91.6 94.3 100.0 1988 1989 1990 1991 1992 103.2 107.7 105.5 103.4 105.1 103.4 106.7 106.5 102.5 105.9 103.6 107.3 107.0 101.5 106.9 104.3 107.6 106.0 101.8 107.6 104.2 107.1 106.6 102.5 108.2 104.2 106.8 106.6 103.8 108.1 104.7 105.5 106.3 104.2 109.0 105.1 106.0 106.9 104.5 108.9 105.2 105.6 106.8 105.6 109.0 105.3 105.1 106.2 105.7 109.7 106.2 105.4 104.9 105.5 110.4 106.8 105.6 104.4 105.1 110.3 103.4 107.2 106.3 102.5 106.0 104.2 107.2 106.4 102.7 108.0 105.0 105.7 106.6 104.8 109,0 106.1 105.4 105.1 105.4 110.1 104.7 106.4 106.1 103.8 108.2 1993 1994 1995 111.2 115.5 124.1 111.5 116.6 123.9 111.5 117.8 124.0 112.0 118.5 123.5 111.6 119.1 123.2 111.6 119.5 123.3 112.3 120.0 123.3 112.2 120.7 124.2 113.2 120.9 124.9 113.2 122.0 124.4 114.1 122.7 124.7 115.3 123.8 124.8 111.4 116.6 124.0 111.7 119.0 123.3 112.5 120.5 124.1 114.2 122.8 124.6 112.3 119.7 123.9 Capacity 1983 1984 1985 1986 1987 106.7 109.4 113.1 117.6 121.2 106.9 109.7 113.4 117.9 121.5 107.2 110.0 113.8 118.2 121.7 107.4 110.3 114.2 118.5 121.9 107.6 110.6 114.6 118.8 122.2 107.8 110.9 115.0 1.19.1 122.4 108.0 111.2 115.3 119.3 122.7 108.3 111.5 115.7 119.6 122.9 108.5 111.8 116.1 119.9 123.2 108.7 112.1 116.5 120.2 123.4 108.9 112.4 116.9 120.5 123.7 109.1 112.7 117.2 120.8 123.9 106.9 109.7 113.4 117.9 121.5 107.6 110.6 114.6 118.8 122.2 108.3 111.5 115.7 119.6 122.9 108.9 112.4 116.9 120.5 123.7 107.9 111.1 115.2 119.2 122.6 1988 1989 1990 1991 1992 124.1 126.5 129.4 132.0 134.6 124.3 126.7 129.6 132.2 134.9 124.5 127.0 129.8 132.5 135.2 124.7 127.2 130.1 132.7 135.5 124.9 127.4 130.3 132.9 135.7 125.1 127.7 130.5 133.1 136.0 125.3 127.9 130.7 133.3 136.3 125.5 128.2 130.9 133.5 136.6 125.7 128.4 131.2 133.7 136.8 125.9 128.7 131.4 133.9 137.1 126.0 128.9 131.6 134.2 137.4 126.2 129.2 131.8 134.4 137.7 124.3 126.7 129.6 132.2 134.9 124.9 127.4 130.3 132.9 135.7 125.5 128.2 130.9 133.5 136.6 126.0 128.9 131.6 134.2 137.4 | 125.2 127.8 130.6 133.2 136.1 1993 1994 1995 138.0 141.5 146.6 138.2 141.9 147.2 138.5 142.3 147.7 138.8 142.7 148.2 139.1 143.1 148.7 139.4 143.6 149.2 139.7 144.0 149.8 139.9 144.4 150.3 140.2 144.9 150.9 140.5 145.3 151.4 140.8 145.7 152.0 141.1 146.2 152.5 138.2 141.9 147.2 139.1 143.1 148.7 139.9 144.4 150.3 140.8 145.7 152.0 139.5 143.8 149.5 71.4 79.6 79.5 80.0 79.3 71.5 79.9 79.7 79.4 80.5 72.4 80.3 80.0 78.5 80.7 73.0 80.4 80.0 79.0 80.9 73.8 80.6 80.3 78.8 81.3 74.2 80.9 79.6 78.4 81.9 75.2 81.0 79.2 78.7 82.1 76.0 80.9 79.5 78.9 81.9 77.5 80.7 79.5 78.9 81.9 77.9 80.5 78.6 79.3 82.6 78.1 80.3 79.4 79.5 82.8 78.0 | 79.7 I 79.2 | 80.0 83.1 I 71.8 79.9 79.8 79.3 80.2 73.7 80.6 80.0 78.7 81.4 76.2 80.9 79.4 78.8 82.0 78.0 ! 80.2! 79.1 79.6 82.8 ! 74.9 80.4 79.5 79.1 81.6 83.2 85.2 81.6 78.3 78.1 83.1 84.2 82.2 77.5 78.5 83.2 84.6 82.4 76.6 79.1 83.6 84.6 81.5 76.8 79.4 83.4 84.0 81.8 77.2 79.7 83.3 83.7 81.7 78.0 79.5 83.6 82.5 81.3 78.2 80.0 83.8 82.7 81.6 78.3 79.8 83.7 82.2 81.4 78.9 79.7 83.7 81.7 80.8 78.9 80.0 84.3 81.8 79.7 78.6 80.3 84.6 81.8 79.2 78.2 i 80.1 j 83.2 84.6 82.0 77.5 78.6 83.5 84.1 81.7 77.3 79.6 83.7 82.5 81.4 78.5 79.8 84.2 81.7 79.9 78.6 80.2 83.6 83.2 81.3 78.0 79.5 80.6 81.7 84.6 80.6 82.2 84.2 80.5 82.8 84.0 80.7 83.0 83.3 80.2 83.2 82.8 80.0 83.2 82.6 80.4 83.3 82.3 80.2 83.6 82.6 80.7 83.5 82.8 80.6 83.9 82.2 81.0 84.2 82.1 81.7 80.6 84.7 I 82.2 81.8 \ 84.3 80.3 83.2 82.9 80.4 83.4 82.6 81.1 84.3! 82.0 I 80.6 83.3 83.0 Utilization 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 | 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 r 1992 | 1995s "Value" 1 Index June SIC added .Item Metal mining Iron ore Nonferrous ores Copper " T n a ^ c T l W ^ 100 ~° L Jfet^asonallvaaTustecl^^^^^^ I' 1995 Oct/ Nov/ !;. June „_Ju!v! ,,..AugL- Sept/. Oct/ Nov/ Seasonally adjusted July Aug. Sept/ 10 101 102-4,8,9 102 .46 .06 .40 .13 163.7 116.3 173.2 141.9 166.8 124.8 175.1 155.5 172.2 136.0 179.1 157.8 172.1 134.5 179.5 152.5 170.8 132.1 178.4 155.9 176.3 174.8 185.9 156.3 12 1.03 108.2 112.2 117.0 109.7 116.2 Coal mining 171.9 140.2 177.9 156.4 173.0 137.8 179.7 155.1 173.2 136.2 180.3 157.2 171.2 184.8 150.5 174.0 135.6 181.5 158.1 112.3 109.5 110.7 106.2 113.2 117.9 114.2 109.4 89.4 88.4 76.6 90.2 88.9 75.9 111.5 113.1 86.5 91.0 89.4 76.5 111.6 111.9 90.2 90.7 88.4 75.4 111.0 114.7 92.6 90.2 88.0 75.9 108.9 114.2 92.2 92.1 89.8 77.0 115.7 93.8 172.0 180.1' 181.5 157.2 147.4 132 138 4.79 3.99 2.31 1.67 .25 .55 93.2 93.8 85.9 107.5 109.4 79.9 93.6 93.0 78.1 118.7 112.3 86.8 91.9 90.7 77.2 114.1 113.1 88.4 92.4 91.2 77.5 114.9 111.5 89.5 91.2 89.7 75.9 113.7 114.3 88.3 89.0 88.0 75.3 110.1 112.7 83.5 114.2 83.1 91.9 91.9 77.5 116.7 112.3 81.2 14 .58 99.1 111.9 113.5 111.6 113.1 112.4 111.1 119.1 121.6 120.0 121.5 118.8 113.6 202 2021 2022 2023 2024 2026 9.42 1.14 .44 .28 .41 .01 .96 .01 .27 .20 .13 .36 106.9 114.5 97.8 119.7 132.9 88.2 103.3 101.1 122.2 102.8 121.4 90.2 116.1 129.5 109.2 128.7 158.3 80.5 112.6 97.0 133.1 124.1 126.7 94.1 115.3 126.1 107.6 124.5 152.6 81.3 112.0 96.6 132.3 120.6 130.5 94.0 115.5 124.3 107.2 124.9 147.1 79.8 111.9 89.0 132.5 121.0 130.7 93.6 115.5 127.0 110.4 119.9 154.8 82.2 113.2 91.6 137.3 121.9 127.6 94.3 115.3 126.0 106.3 121.8 156.5 80.9 112.5 90.7 133.9 118.0 134.0 94.7 114.8 129.6 110.4 125.7 159.1 82.1 112.5 89.1 138.4 113.8 130.8 95.2 118.9 133.8 116.5 122.3 166.3 78.5 122.8 88.8 138.6 141.3 160.7 97.9 117.3 122.3 108.7 110.9 149.5 73.7 113.8 75.5 128.1 118.2 160.1 94.4 122.9 127.7 113.2 120.6 152.9 76.7 109.0 67.2 127.7 108.0 150.9 92.0 124.1 130.9 115.4 122.7 157.9 80.6 107.0 74.8 135.9 99.3 127.4 92.0 121.1 133.2 110.9 131.5 165.3 81.8 104.8 84.1 133.8 99.1 115.8 91.1 115.0 128.6 106.8 134.5 154.4 81.8 103.6 81.4 138.5 95.9 101.9 90.9 203 204 205 206 207 208 2082,3 2086,7 209 2095 1.37 1.26 1.07 .66 .23 1.75 .62 .89 .98 .16 107.9 109.3 93.2 111.0 110.1 109.2 115.2 109.1 106.3 91.2 113.3 118.0 98.3 118.8 116.0 118.5 117.3 124.6 121.9 95.5 116.2 118.7 96.7 116.3 114.4 117.7 117.9 122.2 118.6 94.4 116.2 117.0 98.3 113.5 116.7 118.8 111.9 120.0 98.4 111.4 112.9 120.1 111.3 118.7 99.0 113.4 114.0 120.6 111.0 117.7 96.5 110.2 115.8 119.0 139.0 124.3 109.5 120.9 111.6 127.0 126.9 121.7 101.5 136.7 119.7 123.3 112.5 120.7 94.1 134.0 123.3 114.1 126.2 120.3 88.7 127.7 120.2 94.9 126.0 120.8 117.8 116.8 105.2 105.5 105.2 125.1 126.0. 136.8 125.6 86.3 136.5 119.8 108.8 110.9 110.0 129.4 125.4 122.4 98.5 111.2 117.6 102.8 107.2 112.4 127.9 132.7 132.3 123.1 83.8 142.7 132.5 96.8 144.1 130.6 85.3 131.3 125.2 101.2 120.6 120.1 21 1.63 95.8 96.4 99.1 91.3 90.2 90.4 89.3 105.4 &2J 97.3 94.0 101.1 87.3 Textile mill products 22 Fabrics 221-4 Cotton and synthetic 221,2 Narrow fabrics 224 Knit goods 225 Knit garments 2253,4,7-9 Fabric finishing 226 Carpeting 227 Yarns and miscellaneous 228,9 Cotton and synthetic yarns 2281,2,4 1.79 .48 .39 .04 .48 .35 .17 .21 .45 .24 104.0 99.4 99.0 103.5 116.7 116.7 95.2 97.0 103.5 100.6 110.4 107.9 108.7 115.1 124.6 130.0 95.3 90.2 115.4 109.3 109.9 102.8 102.9 116.3 124.8 132.2 90.3 116.4 106.8 95.1 112.4 107.9 109.6 113.4 127.0 133.6 97.7 99.4 114.8 110.1 110.5 104.2 105.2 113.2 124.3 129.9 91.1 105.4 114.0 108.6 111.2 107.9 109.8 111.6 127.8 134.9 99.6 97.7 109.7 100.4 110.1 105.6 104.1 93.3 92.3 110.0 126.8 137.5 80.1 109.0 101.3 88.4 116.3 109.8 112.7 114.5 136.9 152.5 100.9 101.2 116.6 113.1 113.9 103.1 105.0 114.8 138.3 148.6 91.1 107.1 116.1 110.4 116.5 109.5 113.0 111.2 137.2 140.4 102.5 111.5 112.1 103.8 107.4 104.9 96.9 109.2 99.8 115.9 109.0 109.3 116.6 139.9 145.5 95.3 97.5 117.4 111.3 Apparel products 23 2.19 95.0 95.5 94.8 94.5 94.5 93.0 92.6 98.1 93.0 97.4 97.5 94.1 93.1 24 241,2 241 243-5,9 243 2435,6 245 1.99 .84 .31 1.16 .65 .18 .15 95.2 95.2 85.0 95.2 89.5 86.2 94.2 103.0 96.1 84.7 108.0 95.0 83.0 149.6 103.7 97.5 84.1 108.3 94.8 84.5 148.6 103.7 94.0 85.8 110.7 97.0 88.4 155.9 106.2 98.7 84.9 111.6 96.7 85.5 158.0 105.5 96.4 86.2 112.1 96.7 85.2 158.9 105.2 106.3 96.3 99.5 86.8 87.8 111.9 111.2 96.7 97.1 84.9 84.7 161.8! 162.9 102.1 96.3 88.6 106.3 95.4 81.9 137.5 107.7 98.0 92.8 114.8 100.5 91.0 169.1 109.7 102.7 92.0 114.8 99.2 88.3 166.4 110.9 103.7 94.0 116.0 98.9 88.8 175.9 103.8 94.7 86.9 110.5 96.7 83.1 157.9 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 13 131 20 201 1 Proportion as a share of the value added for the total index. 12 109.9 127.1 134.3 111.3 122.8 127.4 87.3 108.3 96.5 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1S '87=100 Item m SIC 1992 Value1 added Index Seasonall vadiusted 1 1995 June July 111.3 105.8 111.1 105.1 110.9 106.0 f^ot seasonally adjusted Oct/ 1995 Nov/ I June Oct/ Nov/ 112.0 107.4 111.2 108.9 111.4 108.2 111.9 106.6 110.3 100.0 118.0 110.8 117.9 111.7 112.2 109.3 109.3 105.4 Aug. Sept/ July Aug. Sept/ 25 251 1.37 .63 99.2 97.1 26 261-3 261 262 263 265,7 265 267 3.60 1.53 .15 .89 .49 2.07 .74 1.33 110.0 110.4 109.9 109.8 111.8 109.6 112.3 108.1 I 119.9 120.6 i 116.2 116.5 129.6 119.3 | 124.9 ! 116.2 121.3 122.5 115.7 120.9 127.8 120.3 119.9 120.5 118.6 119.7 114.8 118.0 124.4 117.9 120.0 116.7 118.5 116.8 113.2 115.6 120.4 119.7 126.1 116.2 119.6 119.2 112.0 119.2 121.6 120.0 121.5 119.1 116.0 114.1 106.3 113.2 118.3 117.4 123.7 113.9 121.4 122.5 116.4 118.6 131.7 120.6 125.1 118.1 118.6 119.8 117.0 117.4 125.1 117.8 119.6 116.7 119.8 119.8 113.0 119.1 123.2 119.7 122.6 118.1 118.6 117.2 111.7 115.9 121.5 119.6 126.4 115.8 121.9 119.1 112.1 119.6 120.3 123.9 134.6 118.1 115.2 114.5 106.1 114.3 117.6 115.7 117.8 114.6 27 Printing and publishing Newspapers 271 Periodicals, books, and cards 272,3,7 Job printing 274-6,8,9 6.76 1.63 2.01 3.12 98.1 i 98.6 77.0 I 70.4 103.5 105.6 107.3 112.0 99.0 70.8 106.1 112.4 100.5 72.1 106.0 114.9 99.8 71.1 106.0 114.0 99.2 69.9 105.7 113.5 99.5 68.1 106.8 115.0 100.3 71.8 104.3 115.9 103.5 69.9 105.7 123.8 106.7 69.3 106.2 131.5 105.6 70.2 105.7 128.5 100.0 70.5 102.7 117.1 97.9 69.4 105.8 110.8 28 9.85 114.4 124.0 124.4 125.3 126.9 125.8 128.5 129.1 131.2 132.1 127.2 122.4 281,2,6 281 2812 2816 2819 3.82 1.00 .08 .12 .67 .40 113.5 I 123.3 122.1 117.6 I 114.6 113.5 105.4 116.1 114.5 114.2 119.3 122.1 122.4 110.0 108.0 119.4 122.3 120.3 120.1 110.0 119.6 114.9 103.1 120.7 120.4 109.0 117.5 107.4 103.3 121.1 121.4 110.7 115.6 118.3 104.1 122.2 121.4 109.5 112.5 111.0 104.1 122.8 124.0 115.6 116.9 124.2 110.7 125.4 120.9 110.2 114.6 118.6 104.0 116.9 120.0 111.2 120.3 114.0 104.8 124.4 121.3 111.4 116.9 108.9 106.4 126.9 121.5 111.5 116.2 111.1 106.7 125.3 120.7 109.7 114.0 109.2 104.4 123.5 282 2821 2823,4 286 1.25 .75 .39 1.57 110.4 112.0 105.9 113.8 124.7 121.2 122.7 127.9 120.6 118.5 117.7 129.1 119.3 115.7 116.7 127.4 122.9 120.6 120.7 125.7 124.1 122.1 121.5 126.2 124.7 118.9 117.0 116.5 129.6 118,5 114.0 117.6 127.2 123.3 121.1 121.4 126.3 125.1 123.6 122.5 125.2 123.2 121.9 126.4 126.5 122.5 125.9 127.6 120.1 125.8 283-5,9 283 284 285 287 5.51 2.91 1.57 .43 .52 114.8 127.4 109.4 95.0 118.8 124.5 140.4 112.3 104.7 132.9 124.7 139.9 113.3 106.3 132.5 126.6 145.0 115.4 105.1 134.0 127.9 145.9 117.5 103.4 132.8 130.1 146.5 121.6 104.6 134.0 128.5 144.4 120.6 104.8 132.4 131.6 149.9 116.4 121.3 130.4 134.9 155.1 120.6 113.2 129.5 139.0 161.5 126.8 112.4 131.6 139.8 163.1 127.6 107.6 131.7 130.6 147.5 121.4 106.5 134.9 122.5 137.7 115.6 91.5 134.6 29 Petroleum products Petroleum refining and misc. 291,9 Miscellaneous petroleum products Distillate fuel oil Residual fuel oil Aviation fuel and kerosene Automotive gasoline Paving and roofing materials 295 1.43 1.25 .23 .23 .04 .12 .62 .18 102.6 104.3 105.1 109.0 100.8 101.0 103.2 93.5 108.6 107.8 111.1 113.5 87.3 101.2 107.3 114.8 109.0 108.2 113.7 110.5 95.7 102.2 107.5 114.5 108.5 107.7 111.9 115.6 93.3 99.4 106.0 114.6 110.0 110.0 108.4 118.4 95.4 106.9 109.1 112.9 107.0 105.8 103.2 112.2 85.6 106.7 105.7 115.1 108.3 107.3 107.9 115.9 76.3 107.9 106.0 115.6 113.3 111.6 125.8 114.1 84.6 100.3 109.6 125.5 113.8 112.2 129.2 111.5 90.1 105.2 108.9 125.9 113.6 111.4 127.7 114.7 90.3 102.1 107.4 129.2 114.9 113.2 122.0 120.5 91.5 107.0 110.1 127.3 109.0 106.5 105.7 116.4 81.6 104.7 105.3 126.3 111.0 109.0 101.3 122.7 80.2 109.6 108.9 124.8 Rubber and plastics products 30 Tires 301 Other rubber products 302,5,6 Plastics products, nee 308 3.51 .39 .59 2.54 116.2 120.5 105.9 118.0 137.8 141.1 121.1 141.3 137.7 149.2 121.4 140.1 138.7 144.1 122.0 142.0 139.8 139.8 144.4 142.3 123.0 122.9 143.2 143.5 140.7 147.3 121.8 144.1 140.3 143.8 124.6 143.5 133.3 125.4 122.3 137.0 139.3 143.2 127.0 141.7 141.3 142.6 127.3 144.5 141.8 151.3 124.4 144.6 140.2 138.0 119.7 145.5 31 314 .27 .12 89.0 83.2 81.2 74.0 78.7 71.2 80.8 73.8 80.5 73.9 79.3 71.5 78.0 i 83.8 70.2 I 76.9 74.4 68.3 82.4 76.6 82.6 75.9 80.5 72.3 79.4 71.0 Stone, clay, and glass products 32 Pressed and blown glass 322 Glass containers 3221 Cement 324 Structural clay products 325 Concrete and miscellaneous 326-9 2.07 .35 .18 .13 .10 1.18 95.3 100.7 93.5 88.3 87.9 92.7 103.8 95.2 80.3 96.7 94.9 102.2 103.2 93.8 76.6 96.3 90.9 102.3 103.0 94.8 77.6 96.4 90.5 101.2 103.8 89.9 71.0 96.7 90.3 103.4 104.7 92.2 76.9 99.9 90.2 103.7 103.3 95.7 80.0 110.3 87.2 100.6 106.8 98.3 81.0 117.5 95.1 103.2 107.0 91.3 70.8 115.2 92.5 105.2 107.9 94.6 79.3 120.3 92.0 105.4 105.6 88.7 68.9 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 124.4 1. Proportion as a share of the value added for the total index. 13 105.4 89.8 71.3 91.3 105.0 107.0 99.5 85.4 117.9 100.7 102.8 89.4 106.1 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1987 = 100 Item Primary metals Iron and steel Basic steel and mill productsj 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 Seasonally adjusted ., 1992 [ Value 1 Index SIC added 33 331,2 331 | 332 1995 June Juiv — "~ Not seasonally adjusted 1995 " June —JUhL.—£m^Sept/ Aug- Sept/ Oct/ Nov/ 115.8 115.5 114.5 109.8 114.7 111.3 121.8 117.6 125.0 119.9 128.3 121.5 113.5 110.0 118.5 I 113.3 116.4 j 113.5 113.7 116.1 118.5 107.8 111.5 108.6 113.0 114.5 115.8 109.3 114.2 110.6 — Oct/ Nov/ 121.7 127.3 130.5 113.9 119.0 117.3 115.9 115.3 113.6 109.7 114.2 111.9 120.8 123.7 125.5 113.3 119.3 114.8 3.11 1.74 1.33 .30 .18 .09 101.9 104.7 106.9 102.4 106.9 101.2 117.5 119.2 121.3 109.6 113.0 112.9 118.3 119.3 121.1 109.2 112.7 111.5 115.4 117.7 118.5 112.0 117.1 114.2 121.0 127.0 130.8 115.6 121.5 118.6 1.03 .16 .11 .11 .05 .60 .41 108.4 98.0 93.5 108.8 93.4 116.3 97.5 124.9 115.6 118.8 135.2 87.9 130.7 112.1 124.9 118.5 111.2 139.6 89.3 130.4 112.8 120.5 116.9 104.0 127.0 90.9 127.0 114.7 135.5 125.4 119.0 143.0 105.3 143.9 115.1 116.0 108.9 97.0 123.1 88.3 123.7 117.5 132.9 125.1 120.1 I 117.0 110.1 i 120.8 137.7 133.2 87.4 91.2 145.5 130.2 114.8 114.1 121.9 93.4 106.0 144.3 91.9 132.8 108.3 117.8 110.8 98.8 129.8 91.0 124.5 110.0 135.6 124.3 116.9 147.1 100.9 144.5 117.2 114.8 109.4 95.0 127.9 77.3 122.0 119.3 129.3 118.7 108.0 138.4 83.7 139.9 117.4 114.2 114.7 129.6 100.7 Nonferrous metals Primary nonferrous metals Copper Aluminum 333-6,9 333 | 3331 3334 1.37 .20 .06 10 98.1 117.2 125.0 120.5 114.9 115.3 130.2 100.4 116.5 118.8 130.9 101.2 111.9 119.0 133.1 101.5 113.2 114.9 122.5 102.7 115.6 119.0 137.2 102.0 117.2 119.1 139.0 103.3 110.2 113.8 123.7 101.2 110.6 115.0 133.8 100.8 114.4 115.4 125.8 101.9 116.0 119.6 135.8 101.9 116.8 119.1 140.4 103.5 Nonferrous products Nonferrous mill products Aluminum Nonferrous foundries 335,6 335 3353-5 336 .97 .73 .28 .23 89.6 89.0 89.2 91.6 108.8 106.2 100.2 117.1 109.5 108.2 102.0 113.4 105.0 100.9 87.0 118.2 106.1 101.9 89.4 119.7 109.1 105.9 99.1 119.2 110.9 I 108.1 103.0 107.2 105.0 101.5 99.1 ! 96.5 95.3 122.5 117.7 107.7 104.4 100.7 87.5 116.1 107.3 103.3 90.1 120.3 109.4 106.0 99.0 120.1 109.7 105.6 93.2 122.9 Fabricated metal products 34 Metal containers 341 Hardware, tools, and cutlery 342 Hardware and tools 3423,5,9 Structural meta products 344 Other fabricated metal products 345-9 Fasteners, stampings, etc. 345-7 5.03 .22 .54 .48 1.28 2.80 1.56 99.0 113.7 112.4 108.8 i 107.1 100.5 94.8 I 108.2 104.9 92.8 105.0 101.3 94.8 110.2 109.8 101.5 117.3 116.6 104.5 125.1 123.9 114.3 108.2 106.0 102.5 110.9 118.5 126.9 115.1 101.3 107.1 103.5 111.6 120.2 129.5 114.1 107.5 108.0 104.3 110.9 118.4 126.8 114.8 103.8 107.8 103.8 111.8 119.6 128.9 116.1 128.4 109.9 107.0 111.6 119.3 128.6 111.7 111.1 105.8 103.2 110.8 114.3 122.8 116.9 128.8 110.7 107.6 113.3 118.8 128.4 118.7 108.0 112.4 109.1 114.6 122.1 133.0 116.2 100.3 110.2 106.7 113.6 119.4 128.6 115.2 93.1 107.1 102.6 114.0 119.4 127.4 Industrial machinery and equipment 35 i 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 Refrig. and heating equip. 3585 I Miscellaneous machinery 359 ! 7.96 .46 .44 .76 .99 .69 1.07 .31 .75 1.75 .81 .56 .98 124.0 101.3 111.8 99.8 106.2 103.6 107.8 95.9 113.4 172.6 101.9 94.0 112.3 176.0 179.5 181.3 183.9 113.0 118.6 114.4 112.8 138.3 138.5 139.9 137.4 124.1 126.5 126.5 127.6 132.5 134.7 135.3 134.2 140.1 141.2 141.8 141.5 120.8 123.4 121.3 122.8 107.6 108.7 108.2 108.8 127.1 130.4 127.6 129.5 371.7 379.6 390.0 402.9 127.1 131.6 138.0 138.6 117.8 123.4 128.9 132.7 129.7 131.7 131.9 133.8 186.3 179.0 111.4 111.6 139.6 136.2 131.3 124.5 135.5 135.1 142.4 139.3 121.8 124.2 109.3 107.5 127.8 132.3 416.5 373.5 137.0 139.6 129.8 133.4 133.8 134.4 179.6 111.2 127.7 122.8 138.9 135.7 122.8 103.8 131.9 394.3 123.0 114.3 135.6 184.3 186.7 114.9 114.1 127.3 134.7 124.9 126.1 142.5 145.0 138.5 142.2 127.4 127.6 106.1 108.5 137.7 136.8 411.4 407.1 117.9 131.0 105.1 121.8 139.9 141.3 184.4 180.8 112.4 113.6 132.1 135.6 126.7 129.8 134.9 132.9 140.5 143.7 122.7 120.6 107.9 110.8 129.8 125.3 411.2 398.3 135.4 123.8 128.2 111.6 134.9 130.7 Electrical machinery Major electrical and parts Electric distribution equip. Household appliances Cooking equipment Refrigerators and freezers Laundry Miscellaneous Electrical housewares Appliances, nee 7.23 .95 .32 .47 .07 .10 .09 -21 .08 .06 123.5 173.0 103.2 120.3 98.4 97.1 106.9 121.6 95.7 93.6 113.3 116.8 108.3 123.4 107.8 133.5 99.3 111.9 102.3 132.3 175.7 121.6 100.1 133.9 132.2 122.6 138.3 138.0 107.7 150.1 180.8 120.2 99.3 132.2 106.8 126.4 145.3 138.6 112.0 145.6 182.3 118.4 99.0 133.3 96.2 135.2 147.0 140.4 112.8 149.9 183.8 119.7 99.0 138.4 106.1 139.4 157.5 141.8 110.7 157.3 174.4 123.8 99.8 122.9 87.4 130.5 123.4 132.5 111.8 133.2 171.7 123.8 101.6 118.6 107.4 122.5 100.0 129.3 102.1 123.1 179.6 128.5 108.5 133.4 110.6 133.5 136.8 140.6 110.2 142.3 185.2 119.8 101.3 144.1 114.6 144.2 159.4 148.5 125.0 165.4 185.6 117.2 96.8 133.2 110.0 118.2 150.7 140.9 123.0 152.6 -21 1.59 2.66 .68 .11 126.1 153.8 134.4 145.4 149.7 120.0 154.7 155.2 157.9 158.7 153.8 263.6 272.4 277.0 284.1 106.0 134.6 132.3 133.6 138.5 93.3 117.9 107.1 107.2 128.2 151.9 161.2 288.5 135.9 105.4 154.5 159.4 292.3 136.6 109.5 152.3 155.1 263.9 133.9 114.3 116.9 151.9 266.9 127.0 104.7 164.3 169.8 169.8 156.5 159.0 161.6 275.3 284.3 290.0 135.0 145.5 141.2 116.2 162.1 125.2 170.1 163.3 295.7 140.0 119.1 9.51 4.79 1.56 1.32 1.26 .73 .53 1.85 .05 104.8 113.4 107.4 139.7 90.0 102.5 119.7 179.4 121.7 180.4 125.2 183.6 117.3 176.6 114.8 148.2 87.6 130.8 111.0 116.0 113.9 137.3 146.8 149.5 96.1 109.0 116.1 178.6 189.9 190.6 180.8 191.6 193.4 183.8 197.6 203.3 177.3 184.1 181.0 148.9 153.4 152.2 139.2 136.8 150.5 108.6 140.2 103.6 170.3 172.2 182.1 159.8 154.7 133.9 4.73 2.95 .51 1.26 102.3! 107.8 93.6 I 95.2 i 36 361,2 361 363 3631 3632 3633 ! 3634,5,9 i 3634 3639 | Audio and video equipment Communication equipment Electronic components Misc. electrical supplies Storage batteries 365 366 367 369 3691 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 Aerospace and miscellaneous transportation equipment Aircraft and parts Ships and boats Railroad and miscellaneous 3714 3716 372-6,9 l 372 373 374-6,9 i ! i I ! ' 174.4 113.2 137.2 I 122.6 131.2 138.9 120.9 107.0 127.5 363.2 130.6 121.8 129.8 88.1 85.0 90.8 94.0 111.6 136.7 104.3 167.9 168.7 163.9 175.1 145.7 134.3 114.1 142.1 103.9 181.7 184.1 188.2 179.0 151.4 141.2 114.1 143.3 105.9 183.2 184.6 187.7 180.9 151.7 140.7 109.3 139.7 103.4 171.7 173.6 179.1 166.8 152.4 135.5 108.4 140.6 103.2 172.9 174.2 i 182.8 ] 163.4 ! 153.3 i 164.0! 118.6 150.0 114.0 199.5 201.9 206.5 196.3 150.7 129.1 93.8 102.0 60.1 110.2 108.4 98.1 121.9 136.8 138.2 87.6 83.4 91.2 95.3 87.2 84.3 92.1 91.8 85.9 82.9 93.3 89.5 80.0 73.6 91.0 88.9 77.5 70.3 88.7 87.7 88.3 85.1 90.4 94.6 86.0 81.8 89.6 93.8 1. Proportion as a share of the value added for the total index 178.7 122.8 100.0 135.4 110.4 155.1 132.5 137.4 109.4 144.9 14 85.7 83.1 89.8 90.1 184.3 126.2 107.1 137.2 107.4 134.9 146.6 145.2 120.2 144.4 86.4 84.7 92.1 88.3 79.7 73.2 91.0 89.1 78.1 71.1 89.4 88.3 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES Index. 1987 = 100 Item 1992 Value 1 Index SIC added 1995 June Julv Aua. Se"Dt.r Oct/ Nov/ 1995 June Julv Aua. SeDt/ Oct/ Nov/ Sejasonailvadiusted Not seasonally adiusted 38 381-4 384 5.36 4.32 1.56 106.3 107.0 138.2 110.9 109.8 158.8 110.2 108.6 155.0 111.4 110.0 159.0 111.3 109.5 156.5 111.2 109.4 155.8 112.1 110.1 157.8 112.2 111.3 165.4 112.1 111.3 169.3 113.7 115.1 112.9 113.9 172.9 172.7 111.9 110.3 160.0 111.7 109.5 153.0 Misc. manufactures Consumer goods Business supplies 39 391,3,4,6 395,9 1.32 .67 .65 106.9 106.5 107.4 123.1 117.9 128.5 121.4 116.3 126.8 122.4 117.2 127.8 122.9 117.4 128.8 122.2 115.9 128.9 123.1 117.4 129.3 123.6 117.6 129.9 116.4 108.5 124.6 123.1 116.7 129.7 125.7 119.8 131.9 127.0 121.6 132.7 127.6 123.8 131.5 Electric utilities Generation Fossil fuel Hydro and nuclear 491?3pt 6.15 2.64 1.32 1.32 111.7 111.3 103.6 121.4 121.2 119.4 106.2 136.2 122.2 122.2 110.8 136.7 130.0 127.4 121.3 135.7 122.7 120.2 108.8 134.9 123.7 124.2 105.9 146.9 124.9 124.5 125.3 138.4 127.0 136.6 1-11.7 129.1 146.3 146.9 144.7 139.3 138.8 141.4 125.8 118.8 111.5 128.5 114.6 111.7 100.1 126.5 116.2 118.0 3.51 1.43 2.08 1.21 .87 112.0 109.9 113.4 112.8 114.2 122.4 122.2 122.5 124.3 120.0 122.3 121.7 122.6 125.3 118.7 131.9 139.4 126.5 130.5 120.9 124.6 127.5 122.5 125.5 118.3 123.2 121.7 124.3 127.6 119.7 125.1 124.0 119.0 127.5 129.9 124.0 139.7 147.1 134.5 142.5 123.1 148.8 162.3 139.2 147.0 128.1 131.1 133.0 129.6 134.9 122.1 116.7 105.6 124.5 126.2 122.0 114.8 118.5 1.57 .64 .28 .46 112.7 108.7 115.4 114.4 120.6 110.9 121.7 128.0 124.5 114.2 124.9 132.8 124.3 103.3 140.8 136.8 122.4 110.5 139.3 126.4 121.7 125.9 73.3 44.5 65.7 97.0 74.1 37.3 65.2 104.7 74.9 32.3 70.2 108.7 70.8 37.8 70.6 95.5 90.1 130.0 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 124.2 1. Proportion as a share of the value added tor the total index. Table 7 INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS Billions of 1992 dollars at annual rates, seasonally adjusted 1994 Item 1987 1995 Q3 Products, total Final products 1995 Q1 Q4 Q3r Q2 Q4P 1995 July Aug. Sept/ Dec.P 2002.9 2245.1 2201.2 2232.6 2248.8 2235.7 2254.9 2252.2 2238.8 2257.8 2268.1 2243.9 2254.0 2258.7 1552.2 1748.2 1708.5 1732.8 1750.6 1742.0 1757.3 1751.8 1743.2 1760.5 1768.2 1744.2 1754.1 1757.0 Consumer goods Durable Automotive products Other durable goods Nondurable 1033.4 222.3 122.4 99.9 811.1 1129.7 272.9 160.5 112.3 856.9 1118.9 274.3 159.3 115.0 844.6 1129.0 277.1 162.5 114.5 851.9 1133.7 279.9 166.2 113.8 853.8 1125.3 269.6 158.7 110.9 855.7 1133.6 271.4 159.0 112.4 862.2 1132.2 273.8 160.1 113.6 858.4 1124.0 265.2 153.3 111.9 858.8 1135.7 272.8 160.7 112.0 862.9 1141.1 276.2 162.9 113.2 864.9 1127.5 270.2 157.7 112.5 857.3 1135.1 273.9 160.0 113.9 861.2 1133.8 277.2 162.7 114.5 856.7 Equipment, total Business and defense Business Defense and space 518.8 500.3 415.6 84.7 618.4 594.8 528.3 66.5 589.6 566.7 496.4 70.4 603.9 580.8 510.7 70.2 616.9 593.5 524.7 68.8 616.7 593.1 525.7 67.4 623.7 599.7 533.3 66.4 619.6 596.1 532.3 63.7 619.2 595.7 528.6 67.0 624.8 600.6 533.9 66.6 627.1 602.9 537.2 65.7 616.7 593.2 528.5 64.7 619.0 595.3 531.7 63.6 623.2 599.7 536.7 63.0 450.7 177.0 273.7 70.6 496.9 200.5 296.4 77.0 492.7 200.3 292.4 75.4 499.8 203.4 296.4 75.1 498.1 202.9 295.2 74.8 493.6 198.9 294.7 75.9 497.6 199.6 298.1 78.6 500.4 201.8 298.6 79.3 495.6 199.3 296.2 77.3 497.3 198.0 299.4 79.6 499.9 201.3 298.6 78.8 499.7 200.5 299.2 78.8 499.9 201.8 298.1 79.3 501.8 203.3 298.4 79.8 Intermediate products Construction supplies Business supplies Commercial energy products Table 8 DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION Percent Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 60.8 50.0 52.7 60.4 62.7 45.0 50.8 65.8 48.5 57.7 60.4 42.7 49.6 63.8 49.2 56.2 59.2 51.5 57.3 59.6 48.5 51.5 58.1 58.8 58.1 52.3 53.5 56.9 60.0 45.4 59.2 58.8 52.5 63.5 63.5 61.9 61.9 62.7 67.7 63.5 53.1 62.7 69.2 46.5 63.1 72.7 40.8 52.3 73.1 40.0 55.4 67.7 43.8 55.4 67.3 47.7 57.3 66.9 52.3 61.2 61.5 57.3 60.8 60.0 50.0 58.5 62.7 51.7 66.5 66.9 59.2 63.1 68.5 71.5 66.5 58.1 66.5 70.8 60.4 68.1 73.1 54.2 60.8 77.7 47.7 65.4 72.3 38.8 64.6 74.2 41.2 58.8 75.4 44.2 62.3 69.6 47.3 61.5 70.8 49.2 64.6 68.5 51.9 71.5 73.1 One Month Earlier 1993 1994 1995 Three Months Earlier 1993 1994 1995 Six Months Earlier 1993 1994 1995 Note—The diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six months) plus one-half the percentage that were unchanged. 15 Table 9 ELECTRIC POWER USE: MANUFACTURING AND MINING Index. 1987 = 100 1987 Billion 1987 SIC 1 KWH 850.7 Seasonal•adjusted Not seasonally adjusted 1995 June 115.8 Julv 115.1 Aug. 115.7 Sept/ 115.1 Oct/ 115.6 776.5 351.3 425.2 74.2 116.2 110.5 121.3 110.2 115.6 109.1 121.4 108.1 116.2 111.6 120.3 108.6 115.6 111.0 119.6 108.8 14.6 6.3 4.8 145.7 141.9 155.0 144.3 154.9 139.7 146.9 145.4 150.1 12 13.4 100.4 101.4 Oil and gas extraction Crude oil and natural gas Natural gas liquids 13 131 132 33.0 27.7 3.7 96.1 96.8 83.0 Stone and earth minerals Crushed stone Sand and gravel Chemical and fertilizer materials 14 142 144 147 12.3 3.5 2.9 3.9 Foods Meat products Dairy products Canned and frozen food Grain mill products Bakery products Sugar and confectionery Fats and oils Beverages Coffee and miscellaneous 20 201 202 203 204 205 206 207 208 209 21 Item Total MAJOR INDUSTRY GROUPS Manufacturing Durable Nondurable Mining INDUSTRY GROUPS and SERIES 10 Metal mining 101 Iron ore 102 Copper ore Coal mining Tobacco products Nov.P 115.6 1995 June 118.2 Ju»y 116.3 Aua. 119.7 Seot/ 119.0 Oct/ 117.1 Nov.P 114.3 116.1 111.4 120.3 109.7 115.9 111.4 119.9 111.6 118.9 112.9 124.2 109.4 117.2 110.0 123.6 103.9 120.6 114.6 126.0 106.8 119.8 114.1 124.8 108.4 117.6 112.5 122.0 109.9 114.5 110.1 118.5 111.7 143.2 148.6 140.3 152.5 166.0 143.5 160.7 173.0 158.1 146.4 148.8 149.9 144.1 156.2 139.9 144.2 145.7 143.6 144.4 148.2 143.8 154.0 168.1 145.4 158.2 167.5 156.7 99.8 101.2 99.5 101.7 94.8 82.5 91.9 94.4 95.7 102.4 91.7 91.0 82.9 93.4 93.6 81.3 92.7 92.7 82.9 92.9 91.8 81.5 91.6 92.2 76.3 95.9 96.4 85.2 91.8 90.5 85.8 93.0 92.7 81.8 93.4 93.1 83.4 92.9 92.3 82.0 90.7 91.4 75.5 117.9 138.5 125.7 108.6 116.4 137.7 123.8 106.7 114.4 137.5 122.2 102.4 119.4 135.1 124.0 112.9 115.9 134.5 124.2 106.6 118.4 137.6 126.0 110.7 120.7 147.5 130.1 108.6 117.4 143.1 129.7 105.7 118.5 147.8 133.0 103.8 123.5 147.8 132.8 112.9 121.3 147.2 135.0 108.6 123.1 149.8 134.7 111.9 52.9 8.7 6.5 6.6 10.9 3.3 3.7 3.4 5.9 3.9 i 127.2 140.2 112.6 128.7 136.9 131.0 143.3 145.1 110.4 114.0 125.9 140.0 111.3 128.8 140.1 129.4 140.3 147.6 107.6 109.8 128.0 141.2 115.3 129.7 139.6 130.8 142.5 154.2 110.3 113.3 128.1 141.3 116.1 126.2 141.5 131.8 144.9 145.9 111.3 113.1 127.4 141.2 115.3 124.6 143.3 131.3 142.3 147.7 112.4 110.6 127.2 141.7 113.4 124.8 141.2 128.1 148.6 143.3 110.2 110.5 129.8 146.9 120.7 126.5 136.7 137.2 136.0 142.4 116.9 116.8 132.7 151.7 123.0 131.1 139.3 140.3 134.1 134.0 119.9 119.1 140.0 155.9 126.5 152.7 144.2 145.4 140.1 148.2 126.5 125.3 141.2 155.5 124.9 156.0 147.7 145.8 144.6 145.0 126.9 125.2 133.2 144.9 115.3 143.5 148.2 136.1 151.4 144.9 117.3 115.6 127.2 139.0 108.3 126.4 144.4 125.6 174.0 146.9 105.9 109.6 1.7 106.7 119.5 114.8 108.4 103.7 112.0 109.7 117.9 124.6 119.9 112.2 109.9 113.5 29.9 11.6 I 99.0 3.4 137.9 2.2 117.8 8.4 119.6 2.9 129.8 115.1 102.1 139.6 112.5 118.5 135.5 115.2 102.2 142.0 122.7 118.7 128.4 112.7 99.0 135.2 115.6 116.6 132.3 118.2 103.5 145.2 120.1 126.6 131.8 115.9 103.5 141.7 119.4 118.6 130.8 125.8 109.9 154.3 126.0 135.5 139,7 116.1 103.1 145.7 112.0 120.0 133.1 129.4 115.2 161.7 129.4 135.4 142.7 124.6 109.2 153.8 123.4 128.9 145.0 122.7 107.2 150.0 124.5 131.5 137.1 111.5 99.3 135.1 117.1 113.1 127.4 Textile mill products Fabrics Knit goods Fabric finishing Yarn and thread Miscellaneous textiles 22 221-4 225 226 228 229 Apparel products Men's outerwear Women's outerwear 23 231,2 233 6.6 1.9 1.9 102.0 110.4 85.1 100.1 104.4 84.4 102.8 105.4 88.1 100.5 102.5 84.1 102.5 108.8 87.5 104.7 116.7 91.9 110.5 120.9 92.3 109.6 117.0 94.6 121.1 127.8 105.9 117.8 124.0 99.5 105.4 112.7 90.0 98.2 107.6 85.1 Lumber and products Lumber Millwork and plywood 24 242 243 21.6 7.9 5.7 120.6 108.6 112.4 119.7 108.4 112.7 120.7 106.3 114.9 121.9 105.8 115.2 124.3 108.8 115.8 123.9 108.3 116.5 119.8 106.3 112.1 116.4 103.6 109.6 120.2 104.6 114.3 122.2 105.5 115.2 123.2 108.2 115.4 123.7 110.6 116.5 Furniture and fixtures Household furniture 25 251 5.7 3.2 117.8 111.7 118.3 112.7 118.5 111.1 120.5 112.8 118.9 115.2 119.9 114.5 118.9 112.7 116.1 105.7 125.8 116.5 127.4 117.2 120.5 116.8 117.5 112.9 Paper and products Wood pulp Paper Paperboard Paperboard containers Converted paper products 26 261 262 263 265 267 97.0 7.1 51.6 26.0 4.5 7.6 124.6 114.0 123.9 137.5 115.8 118.5 123.8 102.8 123.1 131.4 119.3 119.6 123.9 110.9 122.6 132.2 121.6 118.1 123.7 109.7 124.2 125.7 116.3 120.2 120.2 101.7 119.9 121.6 120.9 120.6 121.7 114.2 121.0 125.6 122.7 120.0 125.0 111.5 123.5 136.9 121.4 121.5 124.0 102.1 122.8 131.9 119.0 120.4 126.2 111.3 124.3 133.5 125.3 122.2 124.8 110.3 123.3 126.8 120.7 126.6 121.0 106.6 120.6 121.5 120.7 122.7 121.7 117.1 121.2 124.5 120.7 119.6 Printing and publishing Newspapers Commercial printing 27 271 275 15.7 3.4 8.2 135.2 119.7 137.9 134.5 118.8 136.8 139.7 126.3 139.6 136.9 119.8 137.7 136.6 120.0 138.0 137.8 123.3 139.0 139.5 124.7 141.0 147.0 129.2 149.7 157.3 141.2 158.2 153.4 132.5 155.6 140.1 123.5 141.8 133.2 118.7 135.0 Chemicals and products 28 Basic chemicals 281 Alkalies and chlorine 2812 Inorganic chemicals, nee 2819 Acid and fertilizer materials Nuclear materials, nondefense 146.2 61.8 14.1 29.1 10.9 18.2 121.1 122.5 105.3 140.9 104.4 166.8 122.2 125.4 103.2 145.7 109.7 171.2 117.4 115.3 107.2 125.3 109.4 136.5 118.1 115.4 102.9 126.1 111.0 136.9 118.5 116.1 109.5 126.1 106.8 139.8 118.0 116.3 106.9 127.7 114.9 136.8 122.7 122.6 104.4 141.2 103.5 168.0 123.2 122.9 104.8 139.2 110.8 159.3 120.2 116.3 107.6 124.2 112.0 132.9 120.3 116.1 102.9 124.4 110.1 134.6 119.7 117.5 109.7 128.6 105.6 145.0 116.9 116.3 105.6 127.4 113.7 137.2 16 Table 9 (continued) ELECTRIC POWER USE: MANUFACTURING AND MINING [ 1987 I Billion 1995 KWH June Index. 1987=100 Seasonally adjusted ~~—— • M M M B ^ M * ] ifrilPFEfMretBMMMM July Aug. Sept/ Oct/ Nov.P 1995 June July Aug. Sept/ Oct/ Nov.P I 114.0 125.4 136.6 I 108.5 ! 111.7 I 129.5 115.8 127.6 137.1 108.5 109.7 130.1 114.7 129.1 143.0 112.1 111.5 133.3 116.7 129.8 140.8 113.8 107.1 128.7 116.4 130.4 143.2 114.8 111.9 131.5 115.8 125.8 137.8 113.6 103.9 132.2 118.4 130.3 147.0 112.8 111.4 129.5 119.7 131.2 150.8 116.1 112.1 129.1 119.5 132.8 159.4 122.1 114.0 132.1 120.2 132.0 158.3 122.5 111.4 127.5 116.4 128.4 144.8 116.4 116.2 130.7 114.3 123.8 131.8 111.0 103.2 131.3 29 40.1 | 105.2 103.9 105.9 101.6 106.4 103.4 107.7 107.7 110.6 105.7 104.9 1O1.0 Rubber and plastics products Tires Rubber products, nee Plastics products, nee 30 301 306 308 I 33.1 ! 140.8 3.6 I 113.4 3.1 | 118.1 24.9 ! 147.6 139.9 115.0 116.9 145.7 142.6 111.8 119.6 149.7 141.9 113.5 118.0 148.0 142.8 115.8 119.5 148.7 143.7 120.6 116.5 149.4 145.8 120.9 120.2 152.5 140.2 115.8 116.6 146.0 147.1 122.9 122.1 152.6 148.2 122.7 122.6 153.7 145.5 118.5 121.4 151.5 142.7 116.9 115.6 148.8 Leather and products Shoes 31 314 1.0 .4 92.2 84.4 97.1 94.6 94.9 88.2 96.2 89.0 92.9 92.6 94.7 90.9 96.4 92.0 95.6 94.4 101.3 98.8 102.8 98.0 93.4 91.6 92.9 88.2 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 5.1 108.1 104.9 101.9 107.7 118.2 93.2 106.1 107.1 100.5 105.5 115.0 93.6 106.8 106.8 102.5 103.1 115.8 93.8 106.6 108.9 99.1 104.8 112.6 96.0 105.8 113.2 97.8 102.6 109.6 96.6 107.4 ! 111.4 112.5 108.1 99.7 l 104.9 104.3 115.4 112.4 i 120.4 100.1 94.9 107.9 108.7 101.5 110.7 116.0 94.4 110.4 109.3 105.4 109.2 118.3 96.3 110.2 112.8 101.6 111.2 116.6 98.7 109.9 113.0 100.0 112.6 110.7 99.4 109.5 110.3 99.4 111.9 113.3 101.7 Primary metals Basic steel and mill products Iron and steel foundries Primary nonferrous metals Aluminum Nonferrous foundries 33 331 332 333 3334 336 137.9 54.4 9.9 55.8 51.2 2.7 108.5 120.1 119.6 86.4 81.2 119.5 107.1 118.2 119.1 86.5 81.4 120.4 108.7 120.2 122.8 86.3 80.7 123.4 109.1 120.4 123.0 85.8 80.2 122.2 110.0 120.8 124.5 85.9 78.4 120.6 109.7 118.6 121.6 88.2 78.6 121.1 109.6 121.5 122.5 86.8 82.0 123.2 105.9 114.7 113.0 87.9 83.6 115.5 108.5 119.2 119.3 87.2 81.1 122.8 108.5 119.3 125.1 84.8 78.8 125.2 11.0.7 120.5 127.4 87.0 80.9 123.0 108.9 118.0 123.7 86.9 78.1 122.9 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 7.1 115.3 133.7 113.2 112.1 108.6 127.4 113.3 127.5 110.0 109.2 108.4 127.0 117.8 129.8 112.3 116.5 114.7 133.5 116.8 129.5 113.0 111.1 109.9 135.6 117.1 136.2 111.5 111.8 108.1 131.8 118.2 136.7 112.9 111.5 112.0 132.9 117.7 137.9 116.4 111.3 112.5 132.5 114.7 134.7 111.2 110.7 110.0 123.7 120.6 134.7 117.0 116.7 119.5 133.6 121.4 134.0 119.0 115.0 115.0 137.9 118.3 135.5 114.2 111.7 111.2 134.2 117.5 132.7 111.4 112.4 111.1 133.4 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 3.3 114.4 115.4 147.8 107.5 129.3 112.8 116.9 89.4 144.3 115.9 108.0 150.2 111.0 131.5 117.7 117.2 90.0 146.3 117.4 116.3 146.7 108.1 135.3 116.5 119.8 90.5 149.4 115.3 108.1 139.9 107.9 134.5 115.8 115.7 90.9 148.6 114.9 114.0 144.3 105.0 131.9 117.1 118.6 86.3 150.9 114.8 113.4 147.8 100.6 135.0 113.2 117.3 88.5 151.2 118.4 119.9 150.8 109.8 133.8 115.9 121.0 93.5 152.8 120.3 111.8 144.7 115.8 137.9 122.7 121.9 94.7 154.6 124.0 121.6 143.7 114.5 143.6 123.2 126.6 96.6 161.1 123.1 112.1 143.7 116.1 143.1 123.4 123.8 95.4 160.0 116.0 1135 134.8 106.8 132.3 118.4 119.1 89.4 152.6 112.2 109.1 137.2 100.1 131.6 111.3 114.9 86.1 147.3 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 12.8 112.9 75.1 110.7 90.3 111.3 162.5 90.2 127.7 110.8 76.8 110.9 98.1 109.1 157.3 88.0 124.1 115.8 78.2 114.0 96.9 114.4 157.5 94.8 130.4 113.0 77.0 110.4 91.5 110.6 158.9 94.7 127.3 114.4 77.2 110.0 94.3 112.1 158.2 93.7 132.0 113.7 75.9 110.9 96.4 112.0 158.5 89.8 i 130.1 ; 116.9 77.6 115.3 96.5 116.8 163.4 94.5 132.4 116.0 78.3 114.9 98.5 111.5 162.4 95.8 132.8 122.5 84.3 116.4 103.6 114.0 170.9 102.6 138.7 121.3 82.5 114.3 99.0 117.0 170.7 103.8 136.7 116.2 79.2 109.3 95.8 112.6 163.8 95.2 133.5 111.2 74.6 108.1 92.6 110.0 157.4 86.9 126.7 Transportation equipment Motor vehicles and parts Aircraft and parts Ships and boats 37 371 372 373 J 38.3 21.9 10.1 2.1 103.8 103.6 89.0 103.3 101.3 100.4 91.4 95.4 105.7 107.0 90.8 98.5 104.9 105.2 90.1 101.8 103.9 106.2 88.5 99.2 103.4 | 108.5 106.4 ; 109.2 85.6 i 92.3 94.9 103.4 102.4 99.8 94.2 94.3 112.1 113.5 95.6 101.4 110.1 110.8 94.2 102.6 105.3 108.2 90.1 96.3 101.0 104.1 83.7 92.8 Instruments Photographic equip. & supplies 38 386 J 13.1 1.7 109.6 88.0 110.0 88.4 113.4 91.0 109.4 84.6 109.9 89.9 110.3 I 114.5 88.0 | 92.1 118.5 93.2 122.7 95.3 118.7 88.9 112.7 92.0 108.4 86.3 39 4.6 136.8 135.3 133.7 136.3 134.8 138.2 140.9 142.2 144.4 146.7 138.2 134.9 832.5 114.2 765.4 115.1 85.3 , 107.9 113.3 114.6 111.2 115.0 114.8 113.6 114.4 114.5 111.4 114.9 114.9 114.2 114.9 114.4 113.8 116.6 117.7 107.7 114.9 115.5 112.6 119.2 118.9 115.1 118.5 118.5 109.5 116.2 116.1 114.8 113.6 113.4 112.6 Item 1987 SIC Chemicals and Products (cont.; Synthetic materials Plastics materials Drugs and medicines Soap and toiletries Industrial organic chemicals Agricultural chemicals 282 2821 283 284 286 I 287 | Petroleum products Miscellaneous manufactures SUPPLEMENTARY GROUPS Total, excluding nuclear nondefense Utility sales to industry Industrial generation 26.5 14.2 5.5 3.1 36.0 8.5 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 1992, the total IP index has been constructed from 260 individual series based on the 1987 Standard Industrial Classification (SIC). These individual series are classified and grouped in two ways: (1) market groups (shown in table 1), such as consumer goods, equipment, intermediate products, and materials; and (2) industry groups (shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of these industries—for example, durable and nondurable manufacturing, mining, and utilities. Market groups. For purposes of analysis, the individual IP series are grouped into final products, intermediate products, and materials. Final products are assumed to be purchased by consumers, businesses, or government for final use. Intermediate products are expected to become inputs in nonindustrial sectors, such as construction, agriculture, and services. Materials are industrial output requiring further processing within the industrial sector. Total products comprise final and intermediate products, and final products are divided into consumer goods and equipment. Timing. The first estimate of output for a month is published around the 15th of the following month. The estimate is preliminary (denoted by the superscript "p" in tables) and subject to revision in each of the subsequent three months as new source data become available. (Revised estimates are denoted by the superscript "r" in tables.) After the fourth month, indexes are not revised further until the time of an annual revision or a benchmark revision. The last three benchmark revisions were published in 1990, 1985, and 1976. 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." 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 thefirstto 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. 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 to the index 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 was described in the Federal Reserve Bulletin, vol. 80 (March 1994), pp. 220-6. The later 1994 revision was described in the Federal Reserve Bulletin, vol. 81 (January 1995), pp. 16-26. The annual revision published in November 1995 will be described in the January 1996 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 input. 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 have exceeded 90 percent 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 was described in the Federal Reserve Bulletin, vol. 80 (March 1994), pp. 220-6. The later 1994 revision was described in the Federal Reserve Bulletin, vol. 81 (January 1995), pp. 16-26. The annual revision published in November 1995 will be described in the January 1996 Federal Reserve Bulletin. Electric Power Data on electric power (expressed in kilowatt hours) are collected by the Federal Reserve District Banks from electric utilities and also from manufacturing and mining establishments that generate electric power for their own use (cogenerators). The indexes of power use shown in table 9 are sums of kilowatt hours used by an industry or industry group expressed as a percentage of that industry's or group's usage in 1987. The first column of the table shows, for reference, electric power use in billions of kilowatt hours as reported by manufacturing and mining industries in the 1987 censuses of those industries. The supplementary group, 'Total, less nuclear nondefense," is shown separately because the nondefense nuclear material series (part of SIC 2819) accounts for a disproportionately large part of total electric power use. Because the value-added proportion for this industry in total IP is considerably smaller than its share of total electric power use, excluding this component from total power use facilitates comparisons with total IP. 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 1995; for other series, the factors were estimated with data through at least June 1995, 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 equal an aggregation of the seasonally adjusted industry groups. Release Schedule for 1996 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 At 9:15 a.m. on January 24, February 16, March 15, April 16, May 15, June 14, July 16, August 15, September 17, October 17, November 15, and December 16. 18