View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDER AL RESERVE statistical release ;
For release at 9:15 a.m. (EDT)
July 15,1994

G.17 (419)

INDUSTRIAL PRODUCTION AND C A P A C ITY UTILIZATION

Industrial production rose 0.5 percent in June; revisions for the preceding three months were, on net, slightly
positive. A surge in demand for electricity, caused by unseasonably hot weather, resulted in a sharp increase in the output
of electric utilities. Apart from this rise, total industrial production for the month increased only 0.1 percent.
The utilization of total industrial capacity rose 0.3 percentage point, to 83.9 percent. The rise in operating
rates at utilities more than accounted for the gain; the operating rate at factories edged down.
At 116.8 percent of its 1987 average, total industrial production was 5.8 percent higher in June than it was a
year earlier. Output grew 4.4 percent at an annual rate in the second quarter, down from 8.3 percent at an annual rate in
the first quarter. The slowdown resulted mainly from a decrease in the seasonally adjusted production of motor vehicles,
which had been hindered by capacity constraints. Excluding motor vehicles and parts, industrial production rose
6.3 percent at an annual rate last quarter, nearly the same as the pace of the first quarter.
(over)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Percent chanae

Index, 1987=100
1994
Mar/

Apr/

Mayr

JuneP

115.9
115.7

116.1
115.9

116.3
116.1

116.8

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

114.7
111.9
145.5
99.7
117.7

114.9
111.6
146.2
101.6
117.9

115.0
111.5
147.0
102.1
118.1

Major industry aroups:
Manufacturing
Durable
Nondurable
Mining
Utilities

117.2
121.7
111.7
99.5
118.0

117.6
122.3
111.8
99.9
116.3

117.8
122.2
112.4
98.8
117.3

Industrial Production
Total index
Previous estimates

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Average
1967-93

1982
Low

1994
Mar/

Apr/

Mayr

JuneP

June 93 to
June 94

.8
.6

.2

.1
.2

.5

5.8

.1

115.6
112.1
147.7
102.3
118.7

.4
.3
.4
.8
1.3

.2
-.3
.5
2.0
.2

.1
-.1
.6
.4

118.0
122.7
112.2
98.2
123.7

1.0
.6
1.4
.7
-1 .6

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

.2
-.1
.5
-1 .2
.9

Percent of Capacity
1993
1994
1988-89
June
Mar/
High

.1

Apr/

Mayr

.5
.6
.5
.2
:5 ^
.2
.4
-.1
-.5
5.4

5.5
3.8
10.3
7.4
6.2
6.1
8.6
3.0
.3
7.1

Capacity
growth
June 93 to
JuneP
June 94

81.9

71.8

84.8

81.1

83.8

83.7

83.6

83.9

2.3

81.2
80.6
82,2
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

80.1
78.6
83.8
88.0
86.3

83.0
81.6
86.3
89.9
87.5

83.0
81.5
86.7
90.4
86.1

82.9
81.3
87.0
89.3
86.8

82.8
81.2
86.8
88.8
91.4

2.7
3.3
1.2
-.7
1.2

Market Groups
The production of consumer goods advanced 0.6 percent in June, mainly because of the large rise in sales of
electricity to residential users. Among other consumer goods, the output of automotive products eased a bit further,
reflecting a small decrease in car assemblies. The production of other durable goods, such as appliances and furniture,
increased about 1 percent, partially retracing the May decline. On balance, the output of these goods has changed little
since last fall. The output of nondurable goods other than energy products was unchanged.
The production of business equipment excluding cars and trucks rose 0.6 percent in June, after an average
monthly gain over the preceding three months of almost 1 percent. The deceleration in growth reflected, in part,
strike-related losses in construction and mining machinery. Even so, the output in this sector advanced at an annual rate
of about 11 percent during the second quarter, only about 1 percentage point less than the growth rate for the first quarter.
The output of construction supplies, which had risen sharply in March and April, recently posted small
gains. The large rise in the production of business supplies reflected the weather-related increase in sales of electricity to
commercial users. Among non-energy materials, production rose 0.2 percent, about the same as gains in each of the two
preceding months. Increases in the output of basic metals and parts for equipment were largely offset by decreases in the
production of paper materials and parts for consumer durable goods.
Industry Groups
Manufacturing production moved up 0.2 percent in June, about the same rate of increase as in both May and
April. Excluding motor vehicles and parts, factory output rose 0.2 percent, down from the 0.5 percent gains registered in
both May and April. The slower rate of increase reflected mainly a softening in the output of nondurables, particularly
paper, apparel, and petroleum products; also contributing to the slower increase was the production of chemicals, which
had risen sharply in May but was about unchanged last month. Despite the recent slowing, the output of manufacturing
excluding motor vehicles and parts grew at an annual rate of about 7-1/2 percent in the second quarter, up from the annual
growth rate of 5-3/4 percent in the first quarter.
Total factory utilization edged down again in June, to 82.8 percent, as the operating rates for both
primary-processing and advanced-processing industries declined slightly. The operating rates for most major industries
decreased; the only significant increases occurred in the furniture and instruments industries. Even though the overall
factory operating rate has eased a bit over the past two months, the utilization rates for many industries, including lumber,
primary metals, textiles, petroleum products, and machinery, remain well above their long-run averages. Moreover, the
recent levels of factory utilization for petroleum products and machinery have been running above their previous cyclical
highs of the late 1980s.
Mining output declined 0.5 percent in June owing to another large decrease in coal mining. The output at
utilities increased more than 5 percent, reflecting the effects of the severe weather on electricity demand.

NOTICE
Data on electric power use have been revised back to December 1991. These
changes reflect revisions to the underlying source data, changes in the reporting panel, and
updated seasonal factors. The revised data are on the regular diskette that contains data from
the G.17 (419) statistical release, available from the Publications Services, Mail Stop 127,
Board of Governors of the Federal Reserve System, Washington, DC 20551. The revisions are
also available on the Department of Commerce Economic Bulletin Board and, in hard copy, by
request to the Industrial Output Section, Mail Stop 82, at the above address.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
June data

Seasonally adjusted
Industrial production indexes
Twelve-month percent change

Twelve-month percent change

5
0
-5

-10
5
0

-5

-10
Total industry

Manufacturing

Ratio scale, 1987 production = 100




Ratio scale, 1987 production = 100

o

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
Index, 1987=100

Proportion
in Total IP

Seaso nally Adjusted

Not seasonally adjusted
JuneP

1994
Jan .

Feb.

Mar.r

ADr/

Mavr

JuneP

1987

1993

1994
Jan.

100.0

100.0

114.6

115.0

115.9

116.1

116.3

116.8

113.0

114.5

115.2

114.4

114.9

118.9

59.5
44.8

59.2
45.6

113.6
116.2

114.2
117.2

114.7
117.5

114.9
117.5

115.0
117.6

115.6
118.2

111.5
114.5

112.8
116.4

113.4
116.9

112.6
115.0

113.3
116.0

118.2
120.7

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

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

110.9
119.0
127.7
134.6
102.0
191.0
116.3
111.3
123.7
104.0
109.1
108.6
106.1
93.8
121.6
102.6
119.7
105.1
125.4

111.6
120.9
131.7
141.0
106.7
200.4
116.2
111.5
123.4
105.5
108.6
109.0
106.9
94.4
123.3
102.3
117.1
104.3
122.1

111.9
118.3
125.3
131.1
101,0
183.3
115.4
112.1
125.6
104.5
109.4
110.1
109.0
95.8
125.4
102.5
114.4
105.3
117.9

111.6
117.8
123.2
128.6
98.3
181.2
114.0
113.0
127.2
106.1
109.4
109.8
109.3
96.9
123.6
103.6
111.7
107.7
113.2

111.5
114.6
118.8
121.2
92.3
171.3
114.7
110.8
121.6
104.1
109.1
110.6
109.2
96.9
125.4
103.8
115.2
109.4
117.4

112.1
115.0
118.4
119.9
89.0
173.3
116.1
112.0
123.3
105.3
110.0
111.3
109.2
96.1
125.3
104.7
120.6
107.2
125.7

110.5
112.9
120.7
125.5
95.8
177.1
112.5
106.1
119.8
96.2
104.6
109.9
101.3
87.8
114.1
102.4
160.6
103.7
182.6

111.4
122.0
133.7
144.9
111.0
203.6
114.9
111.7
129.3
105.5
105.8
108.4
102.4
91.4
115.1
103.2
140.8
100.1
156.5

111.4
123.2
133.4
143.5
108.9
203.3
116.5
114.2
134.3
105.6
108.3
108.1
104.8
94.0
117.7
104.4
123.2
100.2
132.1

109.1
120.3
128.4
135.0
102.6
191.0
117.2
113.2
127.1
107.3
109.2
105.9
104.3
94.8
117.8
105.4
106.4
106.0
106.5

109.3
120.1
129.1
137.7
105.3
193.9
114.5
112.1
125.0
105.8
109.0
106.2
106.5
96.3
122.1
103.3
96.4
109.5
91.3

114.2
121.7
130.4
138.7
103.6
199.5
116.6
114.1
127.6
108.2
110.3
112.1
112.6
100.5
131.9
103.5
103.5
109.6
101.2

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

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

123.9
142.9
170.1
261.5
114.0
145.2
161.0
119.4
71.0
82.4
145.3

125.3
145.0
173.5
269.5
114.6
147.5
166.7
120.7
69.9
87.4
139.7

125.7
145.5
175.2
272.1
116.8
141.2
156.1
121.4
69.9
88.6
143.6

126.1
146.2
175.9
274.9
117.7
139.8
153.7
123.9
69.7
89.6
136.2

126.5
147.0
177.9
277.8
118.9
135.6
145.9
125.8
69.1
89.1
135.9

126.9
147.7
179.8
282.6
118.9
134.8
145.0
126.2
68.7
88.9
136.0

120.2
137.7
163.6
247.8
110.5
139.3
150.8
115.3
71.6
86.6
121.1

123.5
143.0
168.2
258.4
113.7
150.2
172.7
120.6
69.9
82.5
131.6

124.8
144.7
171.1
264.9
116.0
148.4
170.9
121.4
69.9
80.6
141.1

123.6
143.4
169.7
261.0
115.4
143.2
161.4
123.2
69.0
79.2
143.9

125.7
146.6
175.0
274.3
117.1
144.9
165.1
125.1
68.1
78.6
144.1

130.2
152.6
184.8
294.2
121.0
146.0
167.0
129.0
67.9
82.9
152.4

14.7
5.9
8.8

13.6
5.1
8.5

105.7
100.5
109.2

105.1
98.9
109.3

105.9
99.7
110.0

106.8
101.6
110.3

107.1
102.1
110.4

107.7
102.3
111.3

102.3
93.3
108.3

101.9
94.7
106.7

102.8
97.2
106.5

105.1
101.8
107.2

105.2
103.7
106.2

110.3
107.6
112.1

Materials

40.5

40.8

116.0

116.2

117.7

117.9

118.1

118.7

115.2

116.9

117.8

117.1

117.1

119.9

Durable

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

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

122.2
126.7
130.7
113.2
116.2
115.4
103.2
114.0
119.7
115.6
104.8
97.3
119.6

121.9
126.0
131.6
112.0
113.1
116.2
104.4
116.1
120.4
115.1
105.6
100.2
116.1

124.1
127.3
133.9
114.6
115.3
117.7
106.2
117.6
121.6
116.8
105.6
101.1
114.4

125.0
125.9
135.7
115.8
119.4
116.9
106.4
114.7
121.5
116.2
105.6
101.4
113.7

125.0
124.9
136.6
115.5
117.3
118.3
106.0
116.5
123.6
117.0
104.9
100.4
113.8

125.7
124.3
138.3
115.9
118.0
117.4
106.3
112.4
123.5
117.0
106.5
100.9
117.4

118.7
121.0
129.8
108.6
113.3
114.4
103.3
115.7
117.6
113.3
109.4
100.8
126.3

121.5
126.4
131.4
111.1
115.5
117.2
105.8
118.4
121.8
114.1
108.1
102.8
118.5

124.1
128.2
134.0
114.2
117.2
117.9
107.8
117.7
121.9
116.6
105.7
100.9
115.1

124.4
126.1
134.3
115.5
120.9
118.1
107.9
114.6
123.2
117.8
102.5
99.2
108.9

125.1
126.7
135.8
115.5
117.5
117.7
109.4
113.3
122.6
117.5
101.8
98.7
107.9

127.6
126.3
139.1
118.8
119.8
119.3
108.7
113.7
125.0
120.3
106.0
100.8
116.0

97.2
95.2
97.7

97.0
94.8
95.3

113.7
113.2
111.1

114.0
113.4
111.3

115.2
114.7
112.1

115.5
115.0
112.3

115.9
115.4
112.4

116.5
116.1
112.9

112.4
111.9
109.8

113.3
112.7
111.0

114.1
113.5
111.6

113.5
113.0
110.9

113.9
113.4
111.1

118.0
117.6
114.7

24.8
23.8

24.3
23.2

109.3
109.9

109.6
111.0

110.6
111.6

110.4
111.6

110.8
111.1

111.6
111.2

109.5
104.8

109.1
108.1

109.2
110.1

107.3
109.4

107.3
110.7

112.5
115.5

12.2
11.3

14.7
12.2

141.3
123.0

143.2
124.1

144.6
124.3

145.6
124.6

147.1
125.0

148.0
125.1

136.6
119.2

140.4
123.5

142.4
124.4

141.9
123.6

145.0
125.1

151.3
128.7

29.5

30.6

120.1

120.1

122.1

122.5

122.9

123.2

117.4

120.2

122.3

122.5

122.8

125.1

Item

Total index
Products, total
Final products
Consumer goods

Durable

Automotive products
Autos and trucks
Autos
Truck s
Auto parts and allied goods
Other durable goods
Appliances, T V s , and a ir-cond.
Carpeting and furniture
Miscellaneous

Nondurable
Food s and tobacco
Clothing
Chem ical products
Pap er products
E nerg y products
Fuels
Utilities

Equipment, total
Business equipment
Information processing & related
C o m pute r 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

C o n s u m e r parts
Equipment parts
Other
Basic metals

Nondurable
Textile
Paper
Chemical
Other

Energy
Primary
Converted fuel

Feb.

Mar.r

Aor .r

Mavr

SP ECIA L A G G R E G A TE S
Total excluding:
Autos and trucks
Motor vehicles and parts
Co m pute r and office equipment

Consumer goods excluding:
Autos and trucks
E ne rgy

Business equipment excluding:
Autos and trucks
C om pute r and office equipment

Materials excluding:
Ene rg y




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1992Q4
to
1993Q4

Seasonally adjusted
annual rate
1994
1993
03
Q4
Q2P
Q lr

Seasonal Iv adjusted
1994
Aor.r
M a v r JuneP
Mar.r

Not seasonallv adjusted
1994
Aor.r
Mar.r
M av r JuneP

Ju n e 93
to
J u n e 94

Total index

4.2

2.8

6.7

8.3

4.4

.8

.2

.1

.5

.6

-.7

.4

3.5

5.8

Products, total
Final products

3.9
3.8

3.3
2.9

6.1
6.3

7.6
8.5

3.5
2.7

.4
.3

.2
.0

.1
.1

.5
.5

.5
.4

-.7
-1 .6

.7
.8

4.3
4.1

5.5
5.4

1.8
9.1
12.6
17.5
14.1
20.8
4.6
5.9
13.9
4.7
1.7
-.2
-1 . 1
-1 .7
.8
.6
2.0
2.0
2.0

2.0
-3 .5
-1 6 .6
-2 7 .8
-4 3 .8
-8 .4
4.9
9.5
33.5
5.2
-1 .3
3.6
2.5
-6 .6
4.3
-2 .7
21.5
1.4
29.5

3.7
31.0
68.6
123.5
112.6
5.0
4.8
10.6
.0
3.9
-3 . 1
-3 .7
-.1
-5 .0
-.1
-3 .3
20.1
-1 0 .5

6.8
13.9
32.1
44.0
51.0
37.8
12.0
-1 .3
-1 8 .0
6.2
6.6
4.7
6.5
1.9
3.7
-3 .2
9.9
-1 7 .9
21.7

.9
-1 1 .6
-2 3 .0
-3 1 .7
-3 3 .5
-2 9 .9
-3 .5
1.2
-.6
1.8
1.9
5.0
7.3
8.5
4.3
6.2
-4 .3
12.7
-9 .5

.3
-2 .2
-4 .9
-7 .0
-5 .3
-8 .5
-.7
.6
1.8
-.9
.7
1.1
2.0
1.5
1.7
.2
-2 .3
1.0
-3 .4

-.3
-.4
-1 .7
-1 .9
-2 .7
-1 .2
-1 .2
.8
1.3
1.5
.1
-.3
.3
1.1
-1 .5
1.1
-2 .4
2.3
-4 .0

-.1
-2 .7
-3 .6
-5 .8
-6 .2
-5 .4
.6
-1 .9
-4 .4
-1 .9
-.3
.7
-.1
.1
1.5
.2
3.2
1.6
3.7

.6
.4
-.3
-1 . 1
-3 .5
1.2
1.2
1.1
1.4
1.2
.8
.6
.0
-.9
-.1
.9
4.7
-2 .0
7.0

.0
1.0
-.2
-1 .0
-1 .9
-.1
1.4
2.2
3.9
.0
2.4
-.3
2.4
2.8
2.2
1.1
-1 2 .5
.1
-1 5 .6

-2 .1
-2 .3
-3 .8
-5 .9
-5 .8
-6 .0
.6
-.8
-5 .4
1.6
.8
-2 .0
-.5
.9
.1
1.0
-1 3 .7
5.8
-1 9 .4

.2
-.2
.6
2.0
2.6
1.5
-2 .3
-1 .0
-1 .6
-1 .4
-.2
.3
2.1
1.5
3.7
-2 .0
-9 .4
3.3
-1 4 .3

4.5
1.4
1.0
.7
-1 .7
2.9
1.8
1.7
2.0
2.3
1.2
5.6
5.7
4.4
8.0
.1
7.4
.1
10.8

3.8
7.3
11.2
14.1
6.6
21.8
6.4
4.0
6.8
1.9
3.6
2.8
2.8
.1
1.9
.0
8.5
2.3
10.7

6.4
9.9
15.6
33.9
4.2
1.7
18.1
10.6
-9 .5
-.6
14.4

4.1
5.5
15.3
31.4
4.4
-2 5 .3
-2 8 .3
15.3
-8 .9
51.2
22.1

9.8
13.8
14.9
35.5
.2
44.5
121.1
5.9
-9 .7
-1 2 .5
58.4

10.8
14.4
22.0
33.9
6.1
13.4
39.8
2.3
-1 0 .2
11.1
38.6

5.2
7.1
11.9
17.0
12.2
-2 0 . 1
-2 8 .8
16.8
-6 . 1
15.0
-1 7 .7

.3
.4
1.0
1.0
1.9
-4 .3
-6 .4
.5
-.1
1.3
2.8

.3
.5
.4
1.0
.8
-1 .0
-1 .6
2.1
-.2
1.2
-5 .1

.3
.6
1.1
1.1
1.0
-3 .0
-5 .1
1.5
-.9
-.6
-.2

.3
.5
1.0
1.7
.0
-.6
-.6
.3
-.5
-.1
.1

1.0
1.2
1.7
2.5
2.1
-1 .2
-1 .0
.6
.0
-2 .4
7.3

-.9
-.9
-.8
-1 .5
-.5
-3 .5
-5 .6
1.5
-1 .3
-1 .6
2.0

1.7
2.2
3.1
5.1
1.4
1.2
2.3
1.5
-1 .3
-.8
.1

3.6
4.1
5.6
7.3
3.3
.7
1.1
3.2
-.3
5.4
5.8

7.6
10.3
15.5
27.6
5.8
1.3
14.0
9.9
-8 .3
9.5
21.8

4.1
5.9
3.0

4.6
8.0
2.6

5.3
11.0
1.9

4.6
-.4
7.8

6.3
9.7
4.3

.7
.8
.7

.9
2.0
.2

.2
.4
.1

.6
.2
.9

.9
2.7
-.2

2.2
4.7
.7

.2
1.8
-.9

4.8
3.7
5.5

5.8
7.4
4.9

Materials

4.8

2.2

7.6

9.2

5.6

1.3

.2

.1

.5

.7

-.6

.1

2.4

6.2

Durable

8.2
12.5
9.4
5.2
5.5
3.8
-.5
4.1
4.4
4.6
-1 .0
-2 .8
2.2

4.7
-1 .0
8.2
4.1
-.8
.5
1.4
-1 0 .2
3.9
4.5
-1 .4
- 1 0 .1
16.0

13.2
37.6
9.5
6.4
12.9
4.9
-6 .0
8.5
4.3
9.0
-1 .3
-1 .5
-.9

11.8
21.2
14.3
5.1
-.7
3.7
5.4
4.9
6.3
-3 .0
8.9
7.5
11.4

8.5
-5 . 1
15.4
9.1
12.2
3.8
6.3
-4 .7
7.8
3.0
1.2
5.7
-5 .9

1.8
1.0
1.8
2.4
2.0
1.3
1.7
1.3
1.0
1.5
.0
.9
-1 .4

.7
-1 . 1
1.3
1.1
3.5
-.7
.1
-2 .5
-.1
-.5
-.1
.3
-.7

.0
-.8
.7
-.3
-1 .7
1.2
-.4
1.5
1.7
.6
-.6
-1 .0
.1

.6
-.5
1.3
.4
.7
-.8
.3
-3 .5
-.1
.0
1.5
.5
3.2

2.2
1.5
2.0
2.7
1.5
.6
1.9
-.6
.1
2.2
-2 .2
-1 .8
-2 .8

.2
-1 .7
.2
1.2
3.1
.1
.1
-2 .6
1.1
1.1
-3 .1
-1 .7
-5 .4

.5
.5
1.1
.0
-2 .8
-.3
1.4
-1 .1
-.5
-.3
-.7
-.5
-.9

2.1
-.4
2.4
2.9
1.9
1.4
-.7
.3
2.0
2.4
4.1
2.2
7.5

9.8
11.9
12.5
6.3
5.4
2.7
1.3
-2 .8
5.3
3.9
2.0
.3
5.0

3.8
3.6
3.0

3.9
4.1
1.6

4.3
3.3
5.3

7.2
6.7
7.0

5.9
6.3
3.7

1.0
1.1
.7

.3
.3
.2

.3
.4
.1

.5
.6
.4

.7
.7
.5

-.5
-.5
-.6

.4
.4
.2

3.6
3.7
3.3

5.6
5.3
4.7

.8
1.8

4.4
-.2

-1 .8
4.6

4.2
6.4

4.1
1.5

.9
.6

-.2
.0

.4
-.5

.7
.1

.1
1.9

-1 .8
-.6

.0
1.2

4.9
4.3

3.1
3.2

9.2
3.5

8.8
-1 .6

7.7
7.4

12.3
8.2

11.2
3.7

1.0
.1

.7
.3

1.1
.4

.6
.0

1.4
.7

-.4
-.7

2.2
1.2

4.4
2.9

10.0
4.9

6.9

3.4

10.6

9.3

7.1

1.7

.3

.3

.2

1.7

.2

.3

1.9

7.7

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Truck s
Auto parts and allied goods
Othe r durable good s
Appliances, T V s , and a ir-cond.
Carpeting and furniture
Miscellaneous

Nondurable
Fo od s and tobacco
Clothing
Chemical products
Paper products
Ene rg y products
Fuels
Utilities

Equipment, total
Business equipment
Information processing & related
C om pute r and office
Industrial
Transit
Autos and trucks
Other

Defense and space equipment
Oil and gas well drilling
Manufactured hom es

Intermediate products
Construction supplies
Business supplies

C o n s u m e r parts
Equipment parts
Othe r
Basic metals

Nondurable
Textile
Pape r
Chemical
Other

Energy
Primary
Converted fuel

136.2

SP ECIA L A G G R E G A TE S
Total excluding:
Autos and trucks
Motor vehicles and parts
C o m pute r and office equipment

Consumer goods excluding:
Autos and trucks
Ene rg y

Business equipment excluding:
Autos and trucks
Com pute r and office equipment

Materials excluding:
E ne rgy

Note— Percent ch anges show n in the first and last colu mn s are based on sea son a ly adjusted data.




Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index,

Proportion
in Total IP

U)87=10 0

Seasonallv Adjusted

Not seasonallv adjusted

1987

1993

1994
Jan.

Feb.

Mar.r

Aor /

Mavr

JuneP

1994
Jan.

Feb.

Mar/

Apr/

Mavr

JuneP

100.0

100.0

114.6

115.0

115.9

116.1

116.3

116.8

113.0

114.5

115.2

114.4

114.9

118.9

84.3

84.9

115.6

116.1

117.2

117.6

117.8

118.0

111.5

114.3

116.1

116.3

117.4

121.1

27.1
57.1

26.3
58.6

110.7
117.9

110.0
119.0

111.4
119.9

112.1
120.2

112.6
120.3

112.5
120.6

107.3
113.5

109.5
116.5

111.2
118.4

112.5
118.1

112.7
119.6

115.1
124.0

46.5
2.1
1.5
2.4

47.9
1.9
1.4
2.1

120.4
105.2
105.4
101.1

120.9
102.8
107.4
100.0

121.7
102.9
107.6
101.7

122.3
103.3
108.5
101.3

122.2
104.7
107.9
101.9

122.7
104.4
109.4
101.8

116.3
99.8
100.9
94.4

120.1
101.0
106.8
95.7

122.0
102.8
106.9
98.6

121.5
103.9
107.4
101.1

122.8
105.0
106.6
103.4

126.0
108.3
111.6
105.5

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.3
4.9

110.5
115.8
102.0
103.3
103.9

107.6
111.5
105.8
102.1
103.0

111.1
117.2
106.0
102.6
104.1

114.4
122.2
105.3
103.8
104.9

113.8
120.9
105.7
104.1
104.8

113.6
120.6
105.9
103.9
105.3

108.4
113.1
102.5
101.8
99.2

110.4
114.8
109.3
104.3
101.4

113.6
119.4
109.0
105.7
103.5

116.7
124.8
108.1
105.6
103.7

114.1
121.1
107.4
104.4
105.0

115.5
122.8
106.6
105.5
108.1

8.5
2.3
6.9

11.1
4.7
8.0

156.3
261.5
134.8

158.8
269.5
136.1

161.4
272.1
138.3

163.1
274.7
140.3

164.9
277.6
141.0

166.5
282.3
141.5

149.6
247.8
132.5

155.9
258.4
135.5

159.9
264.9
138.4

158.7
260.8
138.7

163.8
274.1
139.8

171.8
294.0
143.0

372-6,9
38
39

9.9
4.8
2.5
5.1
5.1
1.3

9.3
5.2
2.6
4.1
4.8
1.2

111.9
142.1
141.8
83.4
103.7
110.7

113.0
146.1
148.5
82.0
104.1
109.9

110.1
139.9
138.4
82.1
104.4
111.1

108.8
137.5
135.7
81.8
104.0
112.1

106.3
132.2
127.8
82.1
103.7
112.0

106.0
131.4
126.0
82.1
104.4
111.7

108.1
134.2
132.4
83.6
102.0
107.0

114.2
148.8
152.8
81.8
102.8
107.2

114.0
147.9
151.2
82.2
102.8
110.0

110.8
142.0
142.3
81.6
102.5
111.3

111.4
143.7
145.3
81.2
101.9
111.3

111.5
143.6
145.9
81.3
105.3
112.2

Foods
To ba cco products
Textile mill products
Apparel products
Paper and products

20
21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

37.0
8.6
.8
1.8
2.0
3.7

109.6
109.2
88.2
107.8
92.4
113.5

110.1
110.1
86.7
108.7
92.9
114.9

111.7
112.2
89.4
110.1
94.2
114.8

111.8
112.2
91.3
111.5
94.9
113.1

112.4
112.1
92.0
110.8
95.2
114.1

112.2
112.1
91.9
111.5
94.9
112.0

105.5
104.1
90.1
101.7
88.6
114.9

107.2
104.9
89.5
107.5
90.7
117.1

108.9
107.6
90.3
109.8
93.0
115.5

109.9
107.3
84.8
112.6
93.1
114.3

110.8
109.5
86.0
114.0
94.4
111.3

115.1
114.4
99.8
116.4
97.1
112.8

Printing and publishing
Chem icals and products
Petroleum products
Rubber and plastics products
Leather and products

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

6.0
9.3
1.3
3.4
.2

101.7
119.3
104.8
120.3
84.8

102.3
119.9
104.5
119.7
83.1

103.6
121.7
104.1
122.5
85.1

104.2
120.6
108.7
123.1
85.8

104.3
122.5
109.0
123.7
84.3

104.7
122.4
107.9
124.4
83.2

96.2
114.5
97.8
118.2
82.9

97.6
116.6
97.1
119.7
81.5

99.1
118.4
97.8
122.9
83.5

102.7
119.6
105.3
123.1
84.2

101.8
121.3
110.2
124.0
83.6

106.1
126.8
113.1
127.0
85.7

10
12
13
14

8.0
.3
1.2
5.8
.7

7.0
.5
1.2
4.8
.6

97.0
177.8
104.0
91.0
94.9

98.8
167.4
114.4
91.8
97.1

99.5
167.3
120.4
91.5
96.3

99.9
171.3
119.8
92.0
96.9

98.8
159.3
113.2
92.1
99.2

98.2
166.6
109.1
91.9
99.2

97.4
169.9
104.4
93.7
80.3

99.2
170.9
118.3
92.8
83.3

99.0
166.8
122.5
91.3
88.7

98.8
173.5
118.2
90.6
96.9

97.3
165.0
108.5
90.3
103.1

97.2
169.2
108.0
89.8
105.3

4 9 1 ,3pt
4 9 2 ,3pt

7.7
6.1
1.6

8.1
6.3
1.7

121.9
119.1
132.6

119.8
118.1
126.4

118.0
117.4
120.1

116.3
115.8
118.0

117.3
116.9
118.7

123.7
125.1
118.4

145.6
125.5
220.1

132.4
117.3
188.5

121.8
112.0
158.2

109.5
105.4
124.8

105.3
108.6
92.9

116.7
127.8
75.6

79.5
81.9

79.7
80.2

114.0
111.4

114.3
111.7

115.8
112.8

116.4
113.1

116.9
113.2

117.2
113.3

110.1
107.6

112.2
110.2

114.2
111.9

114.8
112.2

115.8
112.9

119.8
116.2

12.8
7.0
5.9
5.5
0.3

13.4
7.3
6.1
5.8
0.3

12.5
6.9
5.6
5.3
0.3

12.2
6.7
5.5
5.2
0.3

11.5
6.3
5.2
4.9
0.3

11.4
6.1
5.3
5.0
0.3

11.6
6.4
5.3
5.0
0.3

12.8
7.0
5.7
5.4
0.3

14.5
7.9
6.6
6.2
0.4

12.4
6.8
5.7
5.3
0.3

13.3
7.3
6.0
5.7
0.3

13.4
7.2
6.2
5.8
0.4

Item

SIC

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

24
25
32

Primary metals
33
Iron and steel
331,2
R aw steel
Nonferrous
3 3 3-6,9
Fabricated metal products
34
Industrial machinery
and equipment
35
357
Co m pute r and office equip.
Electrical machinery
36
Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aer os pa ce and misc.
Instruments
Miscellaneous

37
371

Nondurable

Mining
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals

Utilities
Electric
Gas

SPECIAL A G G R E G A TE S
Manufacturing excluding:
Motor vehicles and parts
Co m pute r and office equipment

Memo: Motor vehicle assemblies1
Total
Autos
Trucks
Light
H ea vy and medium

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




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent ch ange

Item

SIC

1992Q4
to
1993Q4

Seasonallyadjusted
annual rate
1994
1993
Q4
Q3
Q1r
Q2P

Seasonallv adjusted
1994
Mar/
Aor/
M a v r JuneP

Not seasonallv adjusted
1994
M avr JuneP
Aor /
Mar/

J u n e 93
to
J u n e 94

Total index

4.2

2.8

6.7

8.3

4.4

.8

.2

.1

.5

.6

-.7

.4

3.5

5.8

Manufacturing

5.0

2.4

8.4

7.8

5.3

1.0

.3

.2

.2

1.6

.2

.9

3.2

6.1

5.0
5.0

2.6
2.3

8.6
8.3

2.8
10.1

6.4
4.9

1.3
.8

.6
.2

.5
.0

-.2
.3

1.5
1.6

1.1
-.2

.2
1.3

2.1
3.6

4.9
6.7

7.7
5.0
5.8
5.3

3.6
11.7
9.8
4.4

14.4
17.6
1.8
10.7

10.3
-4 .7
6.7
-2 .7

4.7
1.9
6.8
3.1

.6
.0
.1
1.7

.5
.4
.8
-.4

-.1
1.4
-.6
.7

.4
-.3
1.4
-.1

1.6
1.8
.0
3.1

-.4
1.0
.5
2.5

1.0
1.1
-.8
2.2

2.6
3.1
4.7
2.1

8.6
7.0
6.5
3.7

7.5
9.4
5.9
4.7
5.6

5.9
9.9
4.6
-.2
3.8

11.4
12.1
6.7
10.4
9.4

.4
-2 .6
-1 2 .3
5.2
7.6

16.3
24.1
4.0
5.0
5.0

3.2
5.1
.2
.5
1.1

3.0
4.2
-.7
1.2
.7

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

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

2.9
4.0
-.2
1.3
2.1

2.7
4.5
-.8
-.1
.1

-2 .3
-3 .0
-.6
-1 .1
1.3

1.3
1.4
-.7
1.0
2.9

7.5
8.6
-.6
5.9
7.1

17.4
33.9
10.9

16.6
31.4
12.5

15.7
35.5
9.4

17.1
33.9
12.0

15.9
16.7
14.0

1.7
1.0
1.7

1.0
1.0
1.4

1.1
1.1
.5

1.0
1.7
.3

2.6
2.5
2.1

-.8
-1 .5
.3

3.2
5.1
.8

4.9
7.3
2.3

16.2
27.5
11.9

37 2 -6 ,9
38
39

3.6
16.6
17.0
-1 0 .8
-2 .8
2.1

- 1 6 .1
-1 9 .1
-2 9 .7
-1 2 .4
-2 .9
-.8

38.6
91.4
124.8
-9 .5
-5 .7
2.6

15.4
37.9
44.7
-1 2 .2
6.4
2.0

--1 5.6
--22.9
--31.9
-2 .4
-.1
5.0

-2 .6
-4 .2
-6 .8
.1
.3
1.0

-1 .2
-1 .7
-2 .0
-.3
-.4
.9

-2 .2
-3 .9
-5 .8
.3
-.3
-.1

-.3
-.6
-1 .4
.1
.7
-.3

-.2
-.6
-1 .1
.4
.1
2.6

-2 .8
-4 .1
-5 .9
-.6
-.4
1.1

.5
1.2
2.1
-.6
-.5
.0

.1
.0
.4
.2
3.3
.8

4.7
14.6
13.3
-7 .3
.0
2.9

Foo ds
To bacco products
Textile mill products
Apparel products
Pap er and products

20
21
22
23
26

1.5
.6
-1 5 .5
1.6
-1 .7
5.6

.9
3.3
-4 .4
-1 .7
-2 . 1
-5 .0

1.0
-1 .3
-2 5 . 1
-1 .0
-1 .5
9.2

4.7
6.3
17.2
4.4
2.5
.5

6.1
5.9
17.6
9.1
8.0
-4 .4

1.4
1.9
3.1
1.3
1.4
-.1

.1
.0
2.2
1.3
.7
-1 .4

.5
-.1
.7
-.6
.3
.9

-.1
.0
-.1
.6
-.3
-1 .9

1.6
2.5
.9
2.1
2.5
-1 .4

.9
-.2
-6 . 1
2.5
.1
-1 . 1

.8
2.0
1.5
1.2
1.3
-2 .6

3.9
4.4
15.9
2.1
2.9
1.4

3.0
3.0
2.8
1.9
1.4
-1 .9

Printing and publishing
Chem ica ls and products
Petroleum products
R ub be r and plastics products
Leather and products

27
28
29
30
31

1.2
2.3
2.6
4.8
-3 .4

-1 .9
2.8
-.1
6.8
-7 .9

2.2
.2
15.0
2.8
2.8

3.2
5.7
-1 1 .3
10.4
.6

7.5
5.3
16.4
10.0
.5

1.3
1.4
-.4
2.4
2.5

.6
-.9
4.4
.5
.9

.1
1.6
.3
.5
-1 .8

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

1.6
1.5
.7
2.6
2.5

3.7
1.0
7.7
.2
.8

-1 .0
1.5
4.7
.8
-.7

4.2
4.5
2.6
2.4
2.6

3.3
3.5
3.5
8.1
-1 .8

10
12
13
14

-.8
6.5
-3 .2
-1 .3
2.0

-2 .9
-1 7 .6
-1 2 .7
.1
7.5

2.1
36.3
8.6
-3 .0
7.2

4.9
-6 .7
42.4
-1 .5
3.0

2.2
--11.4
3.9
2.4
10.0

.7
-.1
5.2
-.3
-.8

.4
2.4
-.5
.5
.6

-1 .2
-7 .0
-5 .5
.2
2.4

-.5
4.6
-3 .6
-.3
-.1

-.1
-2 .4
3.5
-1 .6
6.5

-.2
4.0
-3 .5
-.8
9.1

-1 .6
-4 .9
-8 .2
-.3
6.4

-.1
2.6
-.5
-.5
2.2

.3
-1 .8
2.1
-.9
8.7

4 9 1 ,3pt
492,3pt

.9
.4
2.8

12.6
11.7
16.1

-6 .5
-1 0 .4
9.5

15.8
12.2
29.3

-2 .8
3.7
- -23.0

-1 .6
-.6
-5 .0

-1 .4
-1 .4
-1 .7

.9
.9
.6

5.4
7.0
-.2

-8 .0
-4 .5
-1 6 . 1

-1 0 . 1
-5 .9
- 2 1 .1

-3 .9
3.1
-2 5 .5

10.8
17.7
-1 8 .6

7.1
8.3
2.9

4.3
3.6

3.9
.9

4.4
6.9

5.9
6.3

7.7
4.5

1.4
1.0

.5
\3

.5
.1

.2
.0

1.8
1.5

.5
.3

.9
.7

3.4
2.9

5.6
4.9

Primary processing
Advanced processing
Durable
L um ber and products
Furniture and fixtures
Stone, clay, and glass products

24
25
32

Primary metals
33
331,2
Iron and steel
R a w steel
Nonferrous
3 3 3 -6 ,9
Fabricated metal products
34
Industrial machinery
and equipment
35
C o m pute r and office equip.
357
Electrical machinery
36
Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous

37
371

Nondurable

Mining
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals

Utilities
Electric
Gas

SP ECIA L A G G R E G A TE S
Manufacturing excluding:
Motor vehicles and parts
C o m pute r and office equipment

Note— Percent chan ges show n in the first and last column s are based on seasonally adjusted data.




Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1967­
1993
Ave.

1973
Hiah

1978­
1980
Hiah

1982
Low

1988­
1989
Hiah

1990­
1991
Low

1993
Ju n e

1994
Jan .

Feb.

Mar/

Apr /

Mavr

JuneP

Item__________ ______________________ S I C

1993
ooortion

Total industry

100 .0

81 9

89.2

87.3

71.8

84.8

78..1

81..1

83.2

83.3

83.8

83.7

83.6

83 .9

Manufacturing

85 9

81 2

88.9

87.3

70.0

85.1

76..7

80..1

82.2

82.4

83.0

83.0

82.9

82 .8

25 5
60 4

82 2
80 6

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

78..0
76..0

83,.8
78,.6

85.9
80.7

85.3
81.2

86.3
81.6

86.7
81.5

87.0
81.3

86,.8
81,.2

49
1
1
2

4
7
4
3

79
83
81
77

0
1
7
9

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73..8
76..2
71..6
71..6

78 .0
84,.9
79,.6
76,.4

81.9
91.2
81.1
78.1

82.0
89.1
82.5
77.1

82.2
89.0
82.5
78.4

82.3
89.4
83.1
78.0

82.0
90.5
82.5
78.4

82 .0
90,.2
83 .6
78,.3

3
1
0
1
0
0

0
8
1
2
0
1

80
79
79
80
72
89

1
8
2
9
4
2

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74..4
72..2
71..4
75..8
73..6
97..3

85 .7
87 .3
86 .4
83 .4
90..8
91,.7

90.3
91.9
83.6
87.9
86.8
82.3

87.9
88.5
86.7
86.9
86.0
81.2

90.7
93.0
86.9
87.3
81.7
80.3

93.5
97.0
86.3
88.4
82.1
78.6

93.0
95.9
86.7
88.6
87.6
77.9

92..8
95..7
86..8
88..4
77,.8

Primary processing
Advanced processing
Durable
Lu mbe r and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
R aw steel
Nonferrous
Primary copper
Primary aluminum

24
25
32

33
331,2
333 -6 ,9
3331
3334
34

5 1

77 2

87.8

83.9

62.9

82.0

72..0

76,.0

80.4

79.8

80.6

81.2

81.1

81..5

35
357
36

10 9
4..7
7..9

80 8
80..5
80..4

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

83.7
84.4
84.9

71,.4
63 .4
77..3

82,.4
82 .1
81 .9

86.7
89.6
84.7

87.4
90.7
84.9

88.1
89.9
85.8

88.3
89.2
86.5

88.5
88.6
86.4

88..7
88..6
86..1

37
371

74,.9
75,.7

83.8
93.4

3 7 2 -6 ,9
38
39

10..4
5..4
2,.7
5..0
5..3
1..3

75,.5
82,.0
75,.6

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70..5
57 .3
53..7
78..5
76..1
72..9

70,.6
74 .5
74,.2
66,.3
74,.4
74 .7

77.5
90.5
92.5
63.0
73.3
75.4

78.2
92.6
96.4
62.0
73.6
74.8

76.0
88.3
89.4
62.2
73.7
75.5

75.0
86.5
87.2
62.1
73.3
76.1

73.3
82.8
81.7
62.4
73.0
75.9

72..9
81.,9
80..1
62..6
73..5
75..6

20
22
23
26
261 -3
27

36,.4
8 .8
1 .6
2 .0
3 .3
1.5
5,.9

83..5
82..3
86..2
81..1
89,.7
92.,2
86.,5

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80..4
80..8
78..5
74..9
86..3
90 .2
78..5

83,.0
80 .3
91,.9
80 .3
91 .7
94,.5
82 .0

82.7
79.4
89.6
79.7
90.4
92.8
82.1

83.0
79.9
90.2
80.2
91.3
93.8
82.4

84.0
81.2
91.2
81.4
91.1
94.6
83.5

83.9
81.0
92.2
82.0
89.7
92.7
83.9

84.2
80.8
91.5
82.2
90.4
94.1
83.9

84..0
80..6
91..8
82,.0
88..6
84..1

Chemicals and products
28
Plastics materials
2821
Synthetic fibers
28 23 ,4
Petroleum products
29
Rub be r and plastics products
30
Leather and products
31

9 .4
0 .8
0 .4
1 .1
3 .3
0 .2

80..0
85..5
84..8
85..5
83..6
81..9

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

79..4
75..3
76..6
84..5
78..3
76,.4

81,.4
86..6
87,.5
90..0
83,.1
81,.3

81.0
87.3
87.7
90.8
85.4
83.3

81.2
88.2
87.5
90.6
84.7
81.8

82.2
89.8
90.9
90.2
86.5
84.1

81.3
88.7
88.6
94.3
86.8
85.1

82.4

82..2

90.8
94.6
87.0
83.9

93..6
87..3
83..0

10
12
13
138
14

6 .6
0 .5
1 .2
4 .3
0 .5
0 .6

87..4
78,.3
87,.0
88,.3
72,.5
83..8

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86,.8
80..0
82..9
87..8
53..0
77,.9

88 .0
88 .6
82 .7
90 .7
64,.3
77 .6

87.6
92.0
80.0
90.1
69.1
80.8

89.3
86.5
87.9
90.9
73.6
82.6

89.9
86.2
92.4
90.8
74.9
81.9

90.4
88.1
91.9
91.2
76.1
82.4

89.3
81.8
86.7
91.5
76.0
84.4

88..8
85..4
83..6
91,.3
76,.2
84..3

4 9 1 ,3pt
492,3pt

7,.6
5,.8
1,.7

86..7
88..8
82..5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83,.1
86 .3
68..3

86 .3
88 .2
80 .0

90.6
90.2
92.1

89.0
89.3
87.8

87.5
88.7
83.4

86.1
87.3
81.9

86.8
88.0
82.4

91..4
94..1
82..3

Fabricated metal products
Industrial machinery
and equipment
C om pute r and office equip.
Electrical machinery
T ransportation equipment
Motor vehicles and parts
Autos and light trucks1
Aero spac e and misc.
Instruments
Miscellaneous

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

Mining
Metal mining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals

Utilities
Electric
Gas

1. Series begins in 1977.
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. A d va nced
processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals,
leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation equipment,
instruments, and miscellaneous manufactures.




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

S IC

Item

Percent ch an ae
Ann ua l rate
D e c e m b e r to D e ce m b e r
1967196719751993
1975
1993
1990
Ave.
1989
Ave.
Ave.
1991
1992

Capacity indexes
Percent of 1987 output

1993

1993
June

1994
Ja n .

Feb.

Mar.

Aor.

M av

June

136.1

137.7

138.0

138.3

138.7

139.0

139.3

Total industry

2.8

3.7

2.4

1.9

1.9

1.6

1.7

1.9

Manufacturing

3.2

3.9

2.9

2.4

2.1

1.9

2.0

2.2

138.7

140.5

140.9

141.3

141.7

142.0

142.4

2.1
3.8

4.0
3.9

1.2
3.7

1.9
2.6

1.7
2.2

1.1
2.2

1.0
2.4

1.1
2.7

128.0
143.7

128.9
146.1

129.0
146.6

129.2
147.0

129.3
147.5

129.5
148.0

129.6
148.5

3.4
1.7
3.0
1.4

3.7
2.9
4.5
2.5

3.3
1.1
2.3
.8

2.4
1.0
2.7
.4

2.0
.6
2.2
.7

1.8
.1
.6
.3

2.2
.3
.8
1.0

2.6
.7
1.4
1.1

144.8
114.9
129.0
128.6

147.1
115,3
130.1
129.5

147.6
115.4
130.2
129.6

148.1
115.5
130.4
129.7

148.6
115.6
130.6
129.8

149.1
115.7
130.7
129.9

149.6
115.8
130.9
130.1

3 3 3 -6 ,9
3331
3334

-.2
-1 .0
-1 .2
1.2
-.2
1.4

1.7
.7
.3
3.6
1.8
5.2

-1 .1
-1 .8
-2 .0
.1
-1 .2
-.5

1.4
2.1
1.7
.2
2.4
1.2

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

-1 . 1
-1 .4
-1 .7
-.7
.3
.6

-1 .5
-2 .4
-2 .3
.0
4.1
.3

-1 . 1
-1 .8
-2 .0
-.1
1.7
.5

123.2
127.2
123.4
117.6
138.1
124.7

122.4
126.0
122.0
117.6
139.3
125.0

122.4
126.0
122.0
117.5
139.4
125.0

122.4
126.0
122.0
117.5
139.4
125.0

122.4
126.0
122.0
117.5
139.5
125.0

122.4
126.0
122.0
117.5
139.5
125.0

122.4
126.0
122.0
117.5
139.5
125.0

34

1.5

3.1

.8

.5

.3

-.1

-.2

-.2

129.3

129.2

129.2

129.2

129.1

129.1

129.1

35
357
36

6.5
20.1
5.2

4.7
12.0
6.1

7.4
24.3
4.7

2.5
8.7
4.3

4.9
15.8
3.5

5.4
14.2
2.6

5.2
13.3
2.9

6.0
14.0
5.2

174.0
269.8
154.4

180.2
29 1. 8
159.2

181.7
297.2
160.3

183.2
302.5
161.3

184.7
307.9
162.3

186.2
313.2
163.3

187.8
318.6
164.3

37
371

2.6
3.1

3:0
4.5

2.4
2.5

3 7 2 -6 ,9
38
39

1.9
5.2
2.1

1.3
7.6
4.4

2.3
4.0
1.0

3.0
3.2
2.0
2.7
2.9
1.4

.8
1.0
.7
.6
1.2
1.6

.8
1.8
1.0
-.1
1.3
1.7

2.1
3.7
5.1
.5
1.4
1.7

1.2
3.5
3.5
-1 .2
1.5
1.6

143.4
153.9
150.0
133.5
140.2
145.3

144.4
157.1
153.2
132.5
141.4
146.7

144.6
157.8
154.0
132.2
141.6
146.9

144.8
158.4
154.8
131.9
141.7
147.1

144.9
159.1
155.6
131.7
141.9
147.3

145.1
159.7
156.4
131.4
142.0
147.5

145.3
160.4
157.2
131.1
142.2
147.7

20
22
23
26
261-3
27

2.9
2.6
2.0
1.2
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.4
.9
.7
2.1
2.1
3.2

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.4
1.6
.1
3.0
2.8
2.9

1.9
2.2
.9
-.6
2.4
3.0
1.5

1.7
2.5
1.0
-.8
1.7
1.9
.7

1.7
2.5
1.8
-.8
1.6
1.7
.7

131.2
135.5
119.0
116.5
124.5
121.9
123.5

132.5
137.5
120.3
116.0
125.6
123.1
124.0

132.7
137.8
120.5
115.9
125.8
123.3
124.1

133.0
138.1
120.7
115.8
125.9
123.5
124.2

133.2
138.4
120.9
115.8
126.1
123.7
124.3

133.4
138.8
121.2
115.7
126.3
123.8
124.4

133.6
139.1
121.4
115.7
126.4
124.0
124.5

Chem ica ls and products
28
Plastics materials
2821
Synthetic fibers
28 23,4
Petroleum products
29
Rubber and plastics products
30
Leather and products
31

3.8
6.8
4.5
1.5
5.5
-3 .4

6.8
12.7
9.7
4.2
8.6
-1 .5

2.4
4.0
2.0
.3
4.0
-4 .3

3.6
6.4
2.5
-.7
3.8
-3 .4

2.4
2.5
1.2
1.0
4.0
-3 .5

2.9
2.4
2.8
-1 .0
3.3
-3 .5

2.6
1.5
6.6
-1 .3
3 .3
-3 .6

2.3
2.9
3.9
-.5
3.0
-3 .8

145.4
130.4
133.1
115.8
138.5
104.2

147.3
132.7
136.0
115.5
140.9
101.8

147.7
133.0
136.4
115.4
141.2
101.5

148.0
133.3
136.9
115.4
141.6
101.2

148.3
133.6
137.3
115.4
141.9
100.8

148.7
133.9
137.7
115.3
142.2
100.5

149.0
134.2
138.2
115.3
142.6
100.2

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.8

-.1
.7
2.5
-1 .0
.8
2.6

.1
1.8
2.5
-.4
.1
.0

-2 .0
10.9
2.1
-4 .2
-9 .7
.3

-1 .3
4.8
2.1
-2 .9
-9 .5
-.2

-.5
1.9
2.1
-1 .4
-5 .5
-.5

-1 .1
1.6
.9
-2 .0
-8 .2
-.1

-1 .1
1.5
1.1
-2 .1
-9 .4

-.1

111.3
191.6
129.2
102.2
126.3
117.6

110.7
193.3
130.1
101.0
119.2
117.5

110.6
193.6
130.2
100.9
118.7
117.5

110.6
194.0
130.3
100.8
118.2
117.5

110.6
194.4
130.4
100.8
117.7
117.5

110.6
194.8
130.5
100.7
117.2
117.6

110.6
195.2
130.6
100.6
116.7
117.6

4 9 1 ,3pt
4 9 2 ,3pt

3.0
4.1
.3

6.0
7.8
2.3

1.5
2.4
-.7

.7
1.0
.1

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

133.7
131.0
144.0

134.5
132.0
144.0

134.7
132.2
144.0

134.8
132.4
144.0

135.0
132.6
144.0

135.2
132.8
144.0

135.3
133.0
144.0

Primary processing
Advanced processing
Durable
L um ber and products
Furniture and fixtures
Stone, clay, and glass products
Primary metals
Iron and steel
R a w steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
C o m pute r and office equip.
Electrical machinery
Transportation equipment
Motor vehicles an d parts
Autos and light trucks1
A er os pa ce and misc.
Instruments
Miscellaneous

24
25
32

33
331,2

Nondurable
Fo od s
Textile mill products
Apparel products
Pap er and products
Pulp and paper
Printing and publishing

Mining
Metal mining
Co al mining
Oil and gas extraction
Oil and gas well drilling
Stone ana earth minerals

Utilities
Electric
Gas
1. Series begins in 1977.




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

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

1982
1983
1984
1985
1986

-2 .0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
.4
.2

-.6
1.1
.7
.2
.0

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

-.6
1.8
.4
-.3
.5

-.5
1.4
.1
.5
.2

-.7
1.7
-.1
.5
.1

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

-.3
.2
.0
.4
.7

-.9
.5
-.6
1.0
.6

-6 .8
5.7
11.2
2.4
2.4

-3 .1
11.1
7.7
3.8
-3 .4

-6 .0
17.8
4.0
.1
1.3

-8 .0
11.2
-3 .4
1.2
5.8

-4 .4
3.7
9.3
1.7
.9

1987
1988
1989
1990
1991

-.3
.3
.3
-.5
-.4

1.4
.2
-.5
.5
-1 . 1

.4
.0
.9
.3
-.8

.5
.8
.0
-.7
.2

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

.9
.0
-.3
.2
.9

.4
.6
-1 .0
-.2
.2

.3
.6
.5
.3
.1

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

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

.1
.6
.4
-1 .3

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

5.5
3.8
3.9
2.1
-7 .8

8.1
3.0
.3
1.1
1.0

5.2
2.9
-4 .4
1.6
5.7

6.5
3.0
-.2
-5 .2
.3

4.9
4.4
1.5
.0
-1 .8

1992
1993
1994

-.3
.2
.5

.8
.6
.4

.5
.1
.8

.7
.4
.2

.4
-.4
.1

-.5
.3
.5

.5
.4

-.3
.2

.1

.9
.6

.7
.8

.6
1.0

.3
5.2
8.3

5.6
2.3
4.4

.6
2.8

6.4
6.7

2.3
4.1

1982
1983
1984
1985
1986

82.4
80.8
91.0
93.1
96.1

84.2
80.7
90.9
93.8
95.5

83.7
81.3
91.9
94.1
94.6

83.2
82.3
92.4
94.5
94.8

82.7
83.2
93.0
94.7
94.7

82.4
83.7
93.5
94.4
94.3

82.0
85.3
93.9
94.1
94.8

81.6
86.5
94.0
94.5
94.9

81.0
87.9
93.9
95.0
95.0

80.3
88.6
93.2
94.2
95.6

80.0
88.8
93.3
94.6
96.3

79.3
89.2
92.8
95.6
96.8

83.4
80.9
91.3
93.6
95.4

82.8
83.1
93.0
94.5
94.6

81.5
86.6
93.9
94.6
94.9

79.8
88.9
93.1
94.8
96.2

81.9
84.9
92.8
94.4
95.3

1987
1988
1989
1990
1991

96.5
103.2
106.6
105.5
104.2

97.9
103.4
106.2
106.1
103.0

98.2
103.4
107.1
106.4
102.3

98.8
104.3
107.1
105.7
102.5

99.4
104.0
106.7
106.5
103.4

100.3
104.0
106.4
106.7
104.3

100.6
104.6
105.3
106.5
104.5

100.9
105.2
105.8
106.8
104.6

100.7
104.7
105.4
106.8
105.4

102.1
105.0
105.0
106.3
105.2

102.2
105.6
105.4
105.0
105.0

102.8
106.3
106.1
104.5
104.6

97.5
103.3
106.6
106.0
103.2

99.5
104.1
106.7
106.3
103.4

100.8
104.8
105.5
106.7
104.9

102.3
105.6
105.5
105.3
104.9

100.0
104.4
106.0
106.0
104.1

1992
1993
1994

104.3
109.2
114.6

105.2
109.9
115.0

105.6
110.0
115.9

106.4
110.5
116.1

106.8
110.0
116.3

106.2
110.4
116.8

106.8
110.9

106.5
111.1

106.6
111.3

107.5
111.9

108.3
112.8

109.0
114.0

105.0
109.7
115.2

106.5
110.3
116.4

106.6
111.1

108.3
112.9

106.5
110.9

1982
1983
1984
1985
1986

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116.2
119.4

108.3
111.1
113.7
116.5
119.6

108.6
111.3
113.9
116.8
119.8

108.8
111.6
114.2
117.1
120.0

109.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
120.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120.8

110.0
112.6
115.3
118.4
121.0

110.2
112.8
115.5
118.7
121.2

110.5
113.1
115.7
119.0
121.4

108.1
110.9
113.5
116.2
119.4

108.8
111.6
114.2
117.1
120.0

109.5
112.2
114.8
117.9
120.6

110.2
112.8
115.5
118.7
121.2

109.2
111.9
114.5
117.5
120.3

1987
1988
1989
1990
1991

121.6
124.0
125.8
128.2
130.6

121.8
124.1
126.0
128.4
130.8

122.0
124.3
126.2
128.6
131.0

122.2
124.4
126.4
128.8
131.1

122.4
124.6
126.6
129.0
131.3

122.6
124.7
126.8
129.2
131.5

122.8
124.9
127.0
129.4
131.7

123.0
125.0
127.2
129.6
131.8

123.2
125.2
127.4
129.8
132.0

123.4
125.3
127.6
130.0
132.2

123.6
125.5
127.8
130.2
132.4

123.8
125.6
128.0
130.4
132.6

121.8
124.1
126.0
128.4
130.8

122.4
124.6
126.6
129.0
131.3

123.0
125.0
127.2
129.6
131.8

123.6
125.5
127.8
130.2
132.4

122.7
124.8
126.9
129.3
131.6

1992
1993
1994

132.7
135.0
137.7

132.9
135.3
138.0

133.1
135.5
138.3

133.3
135.7
138.7

133.5
135.9
139.0

133.7
136.1
139.3

133.9
136.3

134.1
136.5

134.3
136.8

134.5
137.0

134.6
137.2

134.8
137.4

132.9
135.3
138.0

133.5
135.9
139.0

134.1
136.5

134.6
137.2

133.8
136.2

1982
1983
1984
1985
1986

76.4
73.0
80.4
80.3
80.6

77.9
72.8
80.1
80.7
79.9

77.3
73.2
80.8
80.7
79.1

76.7
73.9
81.1
80.9
79.1

76.0
74.6
81.5
80.9
78.9

75.6
74.9
81.8
80.5
78.4

75.0
76.1
81.9
80.0
78.7

74.5
77.1
81.8
80.2
78.7

73.8
78.2
81.6
80.4
78.7

73.0
78.7
80.9
79.6
79.1

72.6
78.7
80.8
79.7
79.4

71.8
78.9
80.2
80.4
79.8

77.2
73.0
80.4
80.6
79.9

76.1
74.5
81.4
80.7
78.8

74.4
77.2
81.8
80.2
78.7

72.4
78.8
80.6
79.9
79.4

75.0
75.8
81.1
80.3
79.2

1987
1988
1989
1990
1991

79.3
83.2
84.8
82.3
79.8

80.3
83.3
84.3
82.6
78.8

80.5
83.2
84.8
82.7
78.1

80.8
83.8
84.7
82.1
78.2

81.2
83.5
84.3
82.5
78.7

81.8
83.4
83.9
82.5
79.3

81.9
83.8
82.9
82.3
79.4

82.0
84.2
83.2
82.4
79.4

81.8
83.6
82.7
82.3
79.9

82.7
83.8
82.3
81.8
79.6

82.7
84.2
82.4
80.6
79.3

83.1
84.6
82.8
80.2
78.9

80.1
83.2
84.6
82.5
78.9

81.3
83.6
84.3
82.4
78.8

81.9
83.9
82.9
82.3
79.5

82.8
84.2
82.5
80.9
79.3

81.5
83.7
83.6
82.0
79.1

1992
1993
1994

78.6
80.9
83.2

79.1
81.2
83.3

79.4
81.2
83.8

79.8
81.4
83.7

80.0
81.0
83.6

79.5
81.1
83.9

79.8
81.3

79.4
81.4

79.4
81.4

80.0
81.7

80.4
82.2

80.8
82.9

79.0
81.1
83.4

79.8
81.2
83.8

79.5
81.4

80.4
82.3

79.7
81.5

Year

Industrial
Production,
Percent
Change1

-t . 2

Industrial
Production

Capacity

Utilization

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




10

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

Ja n .

Feb.

Mar.

Apr.

M ay

June

Ju ly

Auq.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

Ind us trial
Production,
Percent
Change1
1982
1983
1984
1985
1986

-1 .6
2.2
2.3
.1
1.3

2.9
.4
.6
.6
-.4

-.7
1.4
.9
.7
-1 .0

-1 .0
1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

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

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
-. 1
.2
.3

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

-.4
.5
.0
1.3
.5

-.5
.1
-.4
.1
1.0

-4 .9
10.4
13.3
1.7
4.6

-2 .8
13.8
6.9
5.1
.1

-4 .8
17.5
4.7
1.0
3.5

-7 .5
12.5
-.3
2.4
7.2

-4 .6
5.6
10.4
2.6
2.9

1987
1988
1989
1990
1991

-.6
.2
.8
-.1
-.7

1.7
.1
-.9
.9
-1 .1

.5

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

.9
.0
-.2
.0
1.0

.4
.5
-1 .2
-.3
.3

.0
.4
.4
.5
.2

.2

.6
.4
-.9

.4
.7
.2
-.9
.3

.0
-.4
-. 1
.9

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

.4
.9
.3
-1 .2
-.3

.6
.6
.2
-.5
.0

6.3
3.6
4.3
3.7
-9 .1

8.6
3.3
-.3
.2
,8

5.6
3.0
-5 .3
1.0
6.9

6.8
4.4
-1 .3
-5 .5
1.1

6.0
4.7
1.6
-.3
-2 .2

1992
1993
1994

-.4
.5
.1

.9
.4
.5

.5
.2
1.0

.7
.7
.3

.4
-.2
.2

-.4
.1
.2

.4
.4

-.1

.1

.9
.7

.8
1.0

.5
1.2

1.2
6.0
7.8

6.1
3.3
5.3

.9
2.4

6.5
8.4

3.0
4.6

Indus tr ia l
P ro d u c t i o n
1982
1983
1984
1985
1986

76.6
76.2
87.1
89.9
94.0

78.8
76.5
87.6
90.4
93.6

78.2
77.6
88.3
91.1
92.7

77.4
78.3
88.7
91.4
93.5

77.3
79.4
89.1
92.0
93.6

77.2
80.0
89.7
91.5
93.3

76.8
81.2
90.1
91.3
93.9

76.4
82.3
90.3
92.0
94.4

75.9
84.1
90.2
92.3
94.6

75.2
84.7
90.2
91.6
95.3

74.9
85.1
90.2
92.8
95.8

74.5
85.2
89.8
92.8
96.7

77.9
76.8
87.7
90.5
93.5

77.3
79.3
89.2
91.6
93.5

76.4
82.5
90.2
91.9
94.3

74.9
85. 0
90.1
92. 4
95.9

76.6
80.9
89.3
91.6
94.3

1987
1988
1989
1990
1991

96.2
103.2
107.7
105.5
103.7

97.8
103.4
106.7
106.5
102.6

98.3
103.6
107.3
107.0
101.7

98.7
104.3
107.6
106.0
102.0

99.4
104.2
107.1
106.6
102.8

100.3
104.2
106.8
106.6
103.8

100.7
104.7
105.5
106.3
104.1

100.7
105.1
106.0
106.9
104.3

100.9
105.2
105.6
106.8
105.3

102.0
105.3
105.1
106.2
105.1

102.4
106.2
105.4
104.9
104.8

103.0
106.8
105.6
104.4
104.7

97.4
103.4
107.2
106.3
102.7

99.4
104.2
107.2
106.4
102.9

100.8
105.0
105.7
106.6
104.6

102.5
106.1
105.4
105.1
104.9

100.0
104.7
106.4
106.1
103.7

1992
1993
1994

104.4
109.9
115.6

105.3
110.4
116.1

105.9
110.5
117.2

106.6
111.3
117.6

107.1
111.1
117.8

106.7
111.2
118.0

107.1
111.6

106.9
111.8

107.0
112.1

107.9
112.9

108.8
114.0

109.3
115.4

105.2
110.3
116.3

106.8
111.2
117.8

107.0
111.8

108.7
114.1

106.8
111.7

Capacity
1982
1983
1984
1985
1986

103.9
106.7
109.4
113.1
117.6

1-04.2
106.9
109.7
113.4
117.9

104.4
107.2
110.0
113.8
118.2

104.6
107.4
110.3
114.2
118.5

104.9
107.6
110.6
114.6
118.8

105.1
107.8
110.9
115.0
119.1

105.3
108.0
111.2
115.3
119.3

105.6
108.3
111.5
115.7
119.6

105.8
108.5
111.8
116.1
119.9

106.0
108.7
112.1
116.5
120.2

106.3
108.9
112.4
116.9
120.5

106.5
109.1
112.7
117.2
120.8

104.2
106.9
109.7
113.4
117.9

104.9
107.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

106.3
108.9
112.4
116.9
120.5

105.2
107.9
111.1
115.2
119.2

1987
1988
1989
1990
1991

121.2
124.2
126.6
129.6
132.3

121.5
124.4
126.9
129.8
132.5

121.7
124.6
127.1
130.0
132.7

121.9
124.8
127.4
130.3
132.9

122.2
125.0
127.6
130.5
133.1

122.4
125.2
127. 9
130.7
133.3

122.7
125.4
128.1
130.9
133.5

122.9
125.6
128.4
131.2
133.7

123.2
125.8
128.6
131.4
133.9

123.4
126.0
128.9
131.6
134.1

123.7
126.2
129.1
131.8
134.3

123.9
126.4
129.4
132.0
134.5

121.5
124.4
126.9
129.8
132.5

122.2
125.0
127.6
130.5
133.1

122.9
125.6
128.4
131.2
133.7

123.7
126.2
129.1
131.8
134.3

122.6
125.3
128.0
130.8
133.4

1992
1993
1994

134.7
137.4
140.5

134.9
137.7
140.9

135.2
137.9
141.3

135.4
138.2
141.7

135.6
138.4
142.0

135.8
138.7
142.4

136.1
138.9

136.3
139.2

136.5
139.5

136.7
139.7

137.0
140.0

137.2
140.2

134.9
137.7
140.9

135.6
138.4
142.0

136.3
139.2

137.0
140.0

135.9
138.8

73.7
71.4
79.6
79.5
80.0

75.6
71.5
79.9
79.7
79.4

74.9
72.4
80.3
80.0
78.5

74.0
73.0
80.4
80.0
79.0

73.7
73.8
80.6
80.3
78.8

73.5
74.2
80.9
79.6
78.4

72.9
75.2
81.0
79.2
78.7

72.3
76.0
80.9
79.5
78.9

71.7
77.5
80.7
79.5
78.9

70.9
77.9
80.5
78.6
79.3

70.5
78.1
80.3
79.4
79.5

70.0
78.0
79.7
79.2
80.0

74.7
71.8
79.9
79.8
79.3

73.7
73.7
80.6
80.0
78.7

72.3
76.2
80.9
79.4
78.8

70.5
78.0
80.2
79.1
79.6

72.8
74.9
80.4
79.5
79.1

1987
1988
1989
1990
1991

79.3
83.1
85.1
81.4
78.4

80.5
83.1
84.1
82.0
77.4

80.7
83.1
84.5
82.3
76.7

81.0
83.7
84.6
81.4
76.8

81.3
83.4
83.9
81.7
77.2

81.9
83.2
83.5
81.5
77.9

82.1
83.5
82.4
81.2
78.0

81.9
83.7
82.6
81.5
78.0

81.9
83.6
82.1
81.3
78.6

82.6
83.6
81.5
80.7
78.4

82.8
84.2
81.6
79.6
78.0

83.1
84.5
81.6
79.1
77.9

80.2
83.1
84.5
81.9
77.5

81.4
83.4
84.0
81.5
77.3

82.0
83.6
82.4
81.3
78.2

82.8
84.1
81.6
79.8
78.1

81.6
83.6
83.1
81.1
77.8

1992
1993
1994

77.5
80.0
82.2

78.1
80.2
82.4

78.3
80.1
83.0

78.7
80.6
83.0

78.9
80.2
82.9

78.5
80.1
82.8

78.7
80.3

78.5
80.3

78.4
80.4

78.9
80.8

79.4
81.5

79.7
82.3

77.9
80.1
82.5

78.7
80.3
82.9

78.5
80.3

79.4
81.5

78.6
80.6

Utilization
1982
1983
1984
1985
1986

.2

1. Quarterly percent ch anges are at annual rates. An nu al percent ch anges are calculated from annual averages.




11

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

Index. 1987 = 100
Seasonallvadiusted
1994
Jan .
Feb.
Mar/
Aor /

SIC

1987

1993

1993
Dec.

10
101
1 0 2 - 4 ,8 , 9
102

.33
.06
.28
.09

.50
.06
.44
.12

177.3
134.1
186.3
148.7

177.8
111.2
191.2
162.3

167.4
114.8
178.1
155.0

167.3
123.1
176.2
139.6

12

1.23

1.15

104.7

104.0

114.4

13
131

132
138

5.79
4.91
3.12
1.80
.29
.58

4.81
4.08
2.29
1.79
.29
.43

90.9
91.4
81.0
109.4
101.5
82.3

91.0
91.3
80.6
109.9
103.6
82.4

91.8
91.6
80.0
111.7
103.5
87.4

14

.67

.56

93.9

94.9

20
201

202
2021
202 2
202 3
2024
20 26

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

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

109.0
119.0
102.7
119.7
141.6
79.3
100.6
106.8
122.5
93.5
108.6
91.0

20 3
204
205
206
207
20 8
2082 ,3
20 86,7
209
2095

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

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

21

1.03

T e x tile mill p r o d u c t s
22
2 2 1 -4
Fabrics
22 1, 2
Cotton and synthetic
22 4
Nar ro w fabrics
Knit goods
225
Knit garments
2253 ,4 ,7 -9
Fabric finishing
226
Carpeting
22 7
Yarn s and miscellaneous
22 8, 9
22 81,2 ,4
Cotton and synthetic yarns
A ppa rel products

Item
Metal m i n i n g
Iron ore
Nonferrous ores
Copper
C o a l m in in g
Oil a n d g a s ex tr a cti on
C ru d e oil and natural gas
C ru d e oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
S t o n e a n d ear th m in e r a ls
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Conc entrate d milk
Fro zen desserts
Milk and misc. dairy products
C a n n e d and frozen food
Grain mill products
Bakery products
S u g a r and confectionery
Fats and oils
B ev erages
B eer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
T o b a c c o pro ducts

L u m b e r arid p r o d u c t s
Loggin g and lumber
Logging
Lu m b e r products
Millwork and plywood
Plywoo d
Manufactured hom es




Not seasonally adjusted
1994
Aor/
Mar/
Ja n .
Feb.

Mavr

Mavr

1993
Dec.

171.3
113.9
182.9
142.7

159.3
117.7
167.7
134.1

168.7
126.1
177.3
147.1

169.9
105.3
182.8
152.7

170.9
113.0
182.5
150.6

166.8
115.7
177.1
138.8

173.5
117.3
184.8
143.0

165.0
127.5
172.5
140.0

120.4

119.8

113.2

99.9

104.4

118.3

122.5

118.2

108.5

91.5
91.1
80.0
110.2
105.3
88.6

92.0
91.4
79.0
112.9
107.2
89.6

92.1
91.7
79.5

93.7
94.0
81.1
116.3
103.2
86.6

92.8
93.3
80.6
115.2
104.7
82.5

91.3
91.7
80.3
111.4
107.0
80.6

90.6
90.9
79.2
111.3
107.6
79.2

90.3
90.7
79.3

106.7
89.1

94.2
93.8
81.8
114.5
101.7
94.1

106.3
78.6

97.1

96.3

96.9

99.2

89.8

80.3

83.3

88.7

96.9

103.1

109.2
117.1
101.6
113.6
142.2
80.4
101.3
105.4
120.8
93.5
116.8
91.6

110.1
119.7
103.8
116.1
145.4
86.6
101.6
103.1
124.1
92.8
117.8
90.8

112.2
120.7
102.9
119.9
146.1
87.3
104.2
96.5
126.5
104.4
116.4
90.7

112.2
120.7
105.4
121.2
142.2
81.7
105.9
107.8
120.6
111.8
119.3
93.0

112.1
121.4
101.8
125.6
144.8
87.8
106.5
113.0
124.5
113.3
113.2
93.0

106.3
115.0
95.6
124.7
133.1
82.3
97.5
113.8
123.7
97.9
81.2
88.2

104.1
117.5
101.4
117.5
140.3
80.8
97.7
134.9
118.6
96.6
86.3
89.9

104.9
117.1
100.4
116.2
141.0
88.2
102.8
130.7
123.8
101.4
105.5
91.8

107.6
118.8
98.2
122.7
143.2
95.0
107.9
113.2
128.8
111.1
120.8
93.1

107.3
118.8
99.3
122.2
142.9
82.5
113.2
121.9
126.0
128.7
128,8
96.2

109.5
118.9
101.4
116.7
145.4
82.5
115.7
118.8
129.4
135.2
129.5
97.2

114.3
118.1
98.8
109.9
123.2
105.7
1,10.3
107.5
103.0
87.8

114.4
116.1
97.2
106.3
119.9
111.1
115.0
112.7
103.5
93.6

112.5
118.2
98.4
107.1
128.9
108.0

118.0
119.6
100.2
110.5
126.7
112.2

119.0
117.3
100.6
108.1
127.0
113.5

120.1
116.4
98.6
105.8
126.2
114.3

106.8
116.4
93.4
101.9
130.8
108.0

107.0
112.7
94.2
92.9
125.1
112.2

111.1
114.0
96.0
91.4
122.4
116.5

115.6
105.8
84.6

117.3
104.1
95.6

118.3
102.9
93.2

101.9
113.7
91.3
110.5
120.6
99.8
105.4
100.8
101.5
110.4

101.0
115.5
89.8
102.9
129.4
100.6

107.7
107.9
91.0

107.6
119.5
94.6
121.5
125.6
95.1
90.0
100.7
105.7
112.1

95.4
107.2
101.4

105.1
100.0
73.4

111.2
96.2
81.0

114.9
99.2
84.4

.85

84.3

88.2

86.7

89.4

91.3

92.0

66.5

90.1

89.5

90.3

84.8

86.0

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

1.80
.50
.43
.04
.49
.36
.14
.20
.47
.26

107.4
100.5
100.7
96.6
126.3
130.1
85.1
96.9
109.9
104.5

107.8
105.4
106.1
97.7
122.5
126.8
86.7
103.2
106.5
99.0

108.7
105.2
105.7
97.1
123.9
129.9
88.6
101.3
108.9
103.3

110.1
107.1
107.8
98.2
126.3
133.4
87.8
98.2
111.3
106.1

111.5
104.7
104.8
100.5
126.8
133.4
88.3
108.1
114.4
111.4

110.8
107.2
107.7
103.3
125.9
131.9
87.5
105.9
111.2
106.0

97.5
94.9
94.3
100.4
112.7
118.5
77.4
84.4
99.0
85.2

101.7
105.2
105.7
97.3
103.5
104.7
88.1
89.0
106.6
99.5

107.5
106.2
106.2
96.1
116.2
119.1
90.9
98.5
110.7
107.1

109.8
108.8
109.0
98.5
120.9
125.6
89.3
97.8
113.1
110.1

112.6
108.0
107.7
100.3
125.8
127.2
89.1
110.9
114.3
111.6

114.0
110.0
1102
102.8
127.6
134.0
90.8
110.4
115.2
112.6

23

2.33

1.96

93.1

92.4

92.9

94.2

94.9

95.2

92.6

88.6

90.7

93.0

93.1

94.4

24
241,2
241
2 4 3 -5 ,9
24 3
243 5, 6
245

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

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

105.2
97.8
84.6
110.4
98.7
92.8
141.1

105.2
99.3
85.9
109.7
97.5
88.2
145.3

102.8
94.1
84.9
109.1
97.4
91.3
139.7

102.9
92.3
86.7
110.4
97.9
94.7
143.6

103.3
93.1
84.1
110.9
101.1
93.7
136.2

104.7
93.8
82.8
112.3
101.8
94.4 .
135.9

97.2
88.3
82.6
103.4
96.3
83.3
108.4

99.8
93.3
79.1
104.4
94.2
86.9
121.1

101.0
94.2
78.9
105.7
92.6
91.5
131.6

102.8
93.7
79.9
109.1
95.1
94.1
141.1

103.9
92.0
76.3
112.1
99.4
92.9
143.9

105.0
92.9
79.9
113.4
102.2
95.2
144.1

12

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

Index. 1987 = 100
Seasonallvadiusted
Not seasonallv adjusted
1994
1993
1994
Ja n .
Feb.
Mar.r
Dec.
Feb.
Mar.r
Aor.r
M av r
Ja n .

1987

1993

1993
Dec.

25
251

1.47
.69

1.37
.63

106.3
104.6

105.4
104.1

107.4
106.8

107.6
106.5

108.5
105.5

107.9
103.6

104.9
103.8

100.9
98.6

106.8
107.8

106.9
108.1

107.4
106.1

106.6
104.3

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

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.70
1.71
.16
1.03
.52
1.99
.75
1.23

115.5
114.6
111.0
114.5
115.9
116.5
126.3
111.0

113.5
114.2
109.0
113.6
117.3
112.8
120.5
108.5

114.9
115.6
109.1
115.6
117.8
114.2
121.4
110.2

114.8
116.8
108.5
116.0
121.1
113.1
123.1
107.5

113.1
114.6
111.6
112.0
120.8
111.9
121.9
106.2

114.1
116.5

109.3
111.8
110.3
110.5
115.0
107.1
108.3
106.4

114.9
116.0
112.4
115.4
118.4
114.0
121.2
110.0

117.1
118.0
111.6
117.9
120.3
116.3
121.1
113.5

115.5
117.1
107.4
116.1
122.3
114.1
122.6
109.3

114.3
114.7
112.9
112.7
119.4
113.9
127.8
106.1

111.3
113.2

P ri n ti n g a n d p u b l is h i n g
27
271
Newspap ers
Periodicals, books, and cards 272,3 ,7
Jo b printing
2 7 4 - 6 ,8 , 9

6.51
1.76
1.79
2.97

5.95
1.28
1.65
3.02

101.9
80.9
100.5
115.5

101.7
82.7
101.0
113.5

102.3
82.2
101.5
115.0

103.6
79.9
102.5
118.5

104.2
80.3
103.3
119.3

104.3
78.5
103.8
119.9

99.2
80.7
102.7
108.2

96.2
77.1
101.0
104.6

97.6
80.9
101.6
105.1

99.1
77.0
104.4
109.0

102.7
83.6
105.8
112.2

101.8
77.4
103.6
115.1

C h e m ica ls and p ro ducts
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nec
Acids and other

28

8.76

9.31

119.3

119.3

119.9

121.7

120.6

122.5

114.1

114.5

116.6

118.4

119.6

121.3

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.91
.94
.05
.11
.64
.40

122.2
132.0
112.5
117.8
135.6
140.7

121.7
129.1
106.5
111.4
133.0
137.5

121.7
128.8
112.3
115.0
131.3
135.0

123.4
131.1
105.9
124.4
133.7
134.6

123.2
132.4
106.9
123.3
135.7

125.3
132.7
113.5
114.6
137.2

119.1
127.9
110.8
114.5
131.1
133.2

119.7
127.2
107.4
108.0
130.9
133.9

122.9
134.0
113.3
120.3
137.2
146.1

123.6
131.3
106.9
128.4
132.7
131.3

124.5
132.8
106.7
124.3
135.9

124.5
131.4
110.5
114.7
135.3

282
2821
28 23,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.64

117.9
119.6
111.6
120.6

118.1
115.8
119.3
120.9

119.9
117.2
119.3
119.5

123.0
119.7
124.5
119.7

121.2
118.5
121.6
120.0

123.0

114.0
112.2
114.0
120.5

121.1
118.1
120.7
118.5

124.3
122.1
121.8
118.9

124.8
121.6
125.6
119.9

121.8

125.1
123.3

110.7
110.5
108.0
121.5

123.2
123.1

2 8 3 -5 ,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.88
2.47
1.51
.36
.52

116.2
135.6
104.5
90.4
129.3

116.3
136.8
102.0
89.8
130.7

117.4
138.0
104.3
91.0
131.5

119.0
140.4
106.1
91.8
133.2

117.8
139.3
103.2
92.7
131.2

119.5
141.0
105.1
93.2
132.5

108.8
128.3
99.2
65.3
128.2

108.8
126.8
97.7
74.5
130.5

110.1
127.0
99.7
85.4
132.5

112.8
129.1
102.9
91.4
133.4

114.0
132.9
98.2
100.8
136.2

117.7
137.8
101.8
103.9
133.0

Petroleum products

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

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

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

107.1
107.5
108.1
117.4
90.1
104.2
105.8
105.7

104.8
103.9
101.2
117.4
87.9
107.5
100.9
110.8

104.5
104.0
105.6
119.4
91.6
102.4
99.1
109.2

104.1
103.5
102.9
119.5
91.9
96.2
100.2
108.8

108.7
108.3
110.5
121.0
95.7
112.6
103.0
112.0

109.0
108.9
110.4
126.9
89.2
109.9
103.4
109.8

106.3
107.1
91.0
124.1
98.2
107.5
108.4
101.7

97.8
99.3
81.5
114.3
91.8
109.3
100.0
89.7

97.1
98.5
91.1
110.7
97.1
103.1
96.3
89.5

97.8
98.9
97.5
113.5
95.1
94.5
95.3
91.9

105.3
106.0
109.7
119.2
93.2
103.1
101.2
101.5

110.2
109.9
116.3
124.1
91.9
105.9
104.5
111.9

R u b b e r and plastics products
30
Tires
301
Other rubber products
302,5,6
Plastics products, nec
308

3.21
.40
.56
2.25

3.35
.46
.55
2.35

119.3
126.0
111.3
120.3

120.3
132.0
112.3
120.1

119.7
129.1
109.5
120.7

122.5
132.8
112.4
123.2

123.1
132.8
111.2
124.4

123.7
133.4
112.9
124.4

116.8
106.2
107.3
121.1

118.2
134.7
104.8
118.6

119.7
141.4
107.9
118.8

122.9
141.6
111.6
122.3

123.1
135.8
110.1
124.0

124.0
136.2
112.2
124.8

31
314

.32
.16

.24
.11

85.1
76.1

84.8
76.5

83.1
75.0

85.1
75.2

85.8
77.0

84.3
74.5

85.4
76.8

82.9
76.0

81.5
72.5

83.5
72.4

84.2
75.0

83.6
74.7

32

2.41
.37
.20
.17
.13
1.43

2.15
.34
.17
.14
.11
1.22

104.6
118.2
121.4
105.1
95.9
97.4

101,1
98.0
86.8
91.7
105.8
95.7

100.0
102.0
92.5
91.8
110.4
92.7

101.7
103.6
94.7
97.9
111.1
94.2

101.3
99.2
89.0
92.1
107.0
96.5

101.9
101.1
92.5

98.2
98.8
89.1
76.2
89.9
96.8

94.4
91.1
79.4
57.1
96.2
93.1

95.7
102.9
96.4
66.0
106.9
89.9

98.6
105.5
99.8
81.5
109.8
91.9

101.1
101.7
94.5
93.1
107.0
96.0

103.4
104.7
97.5

F u rn i tu re a n d fixtu re s
Household furniture
Paper and products
Pulp and paper
W ood pulp
Paper
Paperboard
Paper products
Paperboard containers
Converted paper products

Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemica l products
Drugs and medicines
S oap and toiletries
Paints
Agricultural chemicals

Leather and products
Sh oes

Stone, clay, and glass products
Pressed and blown glass
Glass containers
Cement
Structural clay products
Concrete and miscellaneous




322
3221
324
325
3 26-9

Q
<

SIC

Item

13

112.1
122.6

103.8
97.6

Mavr

109.7
120.8

106.0
97.5

Table 6 (continued)
IND USTRIAL PRODUCTIO N: INDUSTRY SU B TO TA LS AND INDIVIDUAL SERIES
Proportion
in total IP
Item

Primary metais
Iron and steel
Basic steel and mill products
Basic iron and steel
Pig iron
R aw steel

Index. 1 9 8 7 = 1 0 0
Seasonallvadiusted
Not seasonallv adjusted
19 94
1993
1994
Jan.
Dec.
Mar.r
Aor.r
M avr
Feb.
Mar.r
Aor.r
Jan.
Feb.

S IC

19 87

1993

1993
Dec.

33

3 .3 3
1.93
1.48
.35
.20
.10

3.2 0
1.94
1.53
.33
.19
.10

113.0
119.1
122.7
108.6
112.6
110.9

110.5
115.8
118.9
102.5
106.9
102.0

10 7.6
111.5
113.7
10 0.3
101.0
105.8

111.1
117.2
120.2
9 9 .6
100.6
106.0

114.4
122.2
125.6
106.8
113.5
10 5.3

113.8
120.9
123.5
108.5
116.1
105.7

10 7.0
112.0
114.5
105.2
110.0
104.1

10 8.4
113.1
117.2
103.0
107.5
102.5

110.4
114.8
117.6
102.3
10 3.0
10 9.3

113.6
119.4
122.1
101.0
101.6
109.0

116.7
12 4.8
128.2
108.1
114.1
108.1

114.1
121.1
123.6
10 9.3
116.8
107.4

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

127.1
138.9
106.2
13 8.0
91 .2
12 9.4
107.9

124.0
130.0
102.7
137.7
109.3
125.8
106.1

117.9
126.3
9 5 .8
121.5
103.3
121.1
104.4

126.7
13 3.3
107.2
136.4
9 9 .5
129.7
107.0

131.5
130.9
101.7
148.4
9 8 .3
138.4
110.7

128.1

121.7
12 7.0
106.6
127.7
95.1
124.8
99 .5

12 2.4
133.5
104.8
12 2.7
93 .6
125.6
10 5.5

128.7
139.5
112.0
130.8
99 .2
131.6
110.3

13 4.5
139.3
10 7.6
14 8.2
99 .6
13 9.8
113.4

128.1

3 3 1 ,2
331

M avr

S teel mill products
C on sum er durable steel
Equipm ent steel
Construction steel
C an and closure steel
M iscellaneous steel
Iron and steel foundries

332

1.1 3
.19
.14
.12
.06
.62
.45

111.9

117.4
109.7
99 .3
125.1
103.2
123.8
103.9

Nonferrous m etals
Prim ary nonferrous m etals
C opper
Alum inum

3 3 3 -6 ,9
333
3331
3334

1.40
.22
.03
.14

1.26
.23
.03
.14

104.5
114.0
120.2
103.4

103.3
110.9
120.9
102.8

102.1
112.7
119.8
101.4

102.6
10 8.7
113.9
10 0.4

103.8
107.5
114.5
98 .3

104.1
110.5
122.2
97 .4

100.0
113.2
118.3
103.5

101.8
111.6
117.2
102.9

10 4.3
116.1
124.2
10 1.7

10 5.7
112.8
118.8
10 0.8

105.6
10 8.7
114.8
98 .0

10 4.4
110.9
118.9
9 7 .7

Nonferrous products
Nonferrous mill products
A lum inum
Nonferrous foundries

3 3 5 ,6
335
3 3 5 3 -5
336

.99
.75
.24
.25

.83
.62
.22
.21

100.5
101.0
116.1
98.8

99.3
99.0
102.6
100.1

97.1
95.9
108.7
100.8

97 .9
96 .5
106.9
102.4

9 9 .9
9 8 .7
110.2
10 3.6

99 .3
97 .4
105.1
105.1

94 .4
92 .2
96 .8
101.1

97 .7
97 .0
103.1
99 .8

98 .6
97 .9
111.4
100.9

101.3
10 0.4
113.7
103.8

101.2
10 0.4
115.8
10 3.7

9 9 .9
98.1
106.2
10 5.4

34

5 .4 2
.30
.28
.58
.52
1.35
2 .9 8
1.63

4.8 6
.30
.27
.50
.45
1.17
2.71
1.55

102.6
112.2
113.7
97.6
96 .4
100.0
104.4
111.2

103.9
117.8
119.6
96.6
95.2
99.3
105.8
112.8

103.0
110.7
111.6
94 .4
92 .8
99.9
105.3
111.4

104.1
10 9.8
110.5
9 8 .4
96 .9
101.6
10 5.5
110.8

10 4.9
112.4
113.5
9 7 .5
95 .9
102.8
10 6.3
111.9

10 4.8
111.8

99 .2
103.1
103.7
91.1
8 9 .3
9 6 .8
101.4
104.1

101.4
102.8
102.9
94 .9
93 .4
95.1
105.1
111.3

103.5
105.2
10 5.3
97 .5
9 5 .8
97 .6
10 7.3
114.1

103.7
113.8
114.7
96 .3
9 4 .8
99 .9
105.9
111.5

10 5.0
12 5.9

9 7 .8
96.1
103.1
10 6.4
111.2

101.4
93 .5
93 .8
95 .0
93.1
102.5
10 3.3
106.0

8 .5 4
.51
.41
.82
1.0 0
.70
1.00
.32
.67
2 .3 4
.83
.95

11.10
.50
.48
.82
1.02
.71
1.05
.31
.74
4 .7 0
.86
.96

155.7
114.3
137.7
115.6
116.4
115.2
117.2
106.2
122.5
256.1
123.9
116.0

156.3
112.3
140.9
116.2
115.8
115.9
114.8
106.3
118.8
26 1 .5
118.1
112.8

158.8
112.9
139.9
116.0
115.5
116.6
117.0
106.1
122.2
26 9.5
119.6
114.0

161.4
114.8
140.5
118.2
118.9
119.4
116.4
108.9
12 0.0
272.1
122.1
116.3

163.1
117.2
14 5.6
119.4
12 1.4
119.4
118.3
10 9.3
12 2.7
2 7 4 .7
12 4.3
115.9

164.9
115.2
148.1
118.9
12 3.7
12 0.4
119.4
110.1
123.9
2 7 7 .6
12 5.4
118.0

150.3
118.9
138.9
118.5
111.3
119.4
114.4
110.0
116.5
2 4 2 .4
109.6
110.0

149.6
112.8
143.4
116.1
10 8.6
116.6
10 9.3
10 7.5
110.2
2 4 7 .8
10 8.9
104.8

155.9
113.4
148.4
115.2
115.0
116.3
115.7
107.3
119.7
2 5 8 .4
119.0
111.5

15 9.9
114.8
150.3
117.5
118.3
120.1
116.3
109.8
119.4
2 6 4 .9
126.6
114.7

15 8.7
113.9
154.4
118.1
117.4
119.0
116.4
108.9
120.1
2 6 0 .8
12 7.4
112.7

16 3.8
115.2
152.9
119.0
120.6
120.2
117.5
109.6
12 1.3
274.1
13 1.4
116.0

Fabricated metal products

M etal containers
341
M etal cans
3411
H ardw are, tools, and cutlery
342
H ard w a re and tools
3 4 2 3 ,5 ,9
344
Structural m etal products
O th er fabricated m etal products 3 4 5 - 9
Fasteners, stam pings, etc.
3 4 5 -7

Industrial machinery
and equipment

35

Engines and turbines
351
Farm
352
Construction and allied
353
354
M etalw orking
S pecial industry m achinery
355
G en eral industrial m achinery
356
B earings and gears
3 5 6 2 ,6 ,8
E quipm ent
3 5 6 1 ,3 -5 ,7 ,9
C om pu ter and office equip.
357
S ervice industry m achines
358
M iscellaneous m achinery
359

Electrical machinery

36

112.8

9 6 .4
9 4 .7
101.9
106.1
111.3

M ajor electrical and parts
Electric distribution equip.
Household appliances
Cooking equipm ent
R efrigerators and freezers
Laundry
M iscellaneous
Electrical housew ares
A ppliances, nec

3 6 1 ,2
361
363
3631
3632
3633
3 6 3 4 ,5 ,9
3634
3639

6 .9 2
.97
.33
.54
.09
.10
.10
.24
.10
.09

7.9 6
.88
.26
.56
.08
.11
.11
.26
.10
.08

134.3
100.4
88 .9
125.4
106.9
127.7
134.0
127.8
122.5
114.8

134.8
98 .4
90.0
119.6
109.1
106.3
123.7
127.7
116.5
113.9

136.1
98 .6
88.5
124.3
116.7
114.6
133.6
127.5
116.3
110.8

13 8.3
9 9 .0
90.1
12 2.5
105.2
12 1.9
129.1
126.6
118.0
10 6.4

14 0.3
100.9
90 .6
12 2.8
100.9
124.2
130.6
127.2
120.4
110.3

14 1.0
102.6
93 .0
119.1
103.5
12 2.0
114.4
125.8
119.9
10 9.3

134.1
97.1
86 .6
10 6.7
8 7 .0
85 .9
106.2
123.6
12 4.6
104.5

132.5
94 .6
85 .6
117.5
110.3
10 0.7
123.5
125.1
10 8.5
110.8

135.5
9 5 .7
85 .7
130.3
12 0.0
12 4.7
14 5.7
130.2
10 6.8
120.5

138.4
9 7 .8
8 8 .8
12 9.4
10 8.0
13 3.4
143.7
12 9.6
112.0
115.4

13 8.7
99.1
86 .9
124.2
10 3.0
135.9
134.2
12 2.9
114.2
114.3

13 9.8
10 1.0
8 9 .6
121.1
103.2
139.0
122.0
119.7
116.8
109.6

Audio and vid eo equipm ent
C om m unication equipm ent
Electronic com ponents
Misc. electrical supplies
S torag e batteries

365
366
367
369
3691

.22
1.44
2 .2 3
.78
.12

.30
1.51
3 .2 3
.87
.11

153.3
119.3
174.2
128.2
102.7

137.8
116.6
180.9
132.6
132.2

130.2
118.0
182.7
133.8
136.8

13 8.3
12 0.6
188.5
13 1.4
113.3

143.6
12 1.6
192.0
131.2
103.6

132.5
12 3.3
193.1
13 1.6
9 9 .2

14 1.0
122.9
17 8.9
13 1.0
10 5.0

13 0.2
116.5
17 9.8
12 9.8
112.9

130.0
117.1
18 2.0
130.2
118.3

139.6
120.2
18 7.8
12 8.9
101.1

130.8
120.2
19 1.0
127.2
88.1

13 1.3
121.9
19 3.0
128.0
86.1

37

3714
3716

9 .9 0
4 .7 9
1.62
1.22
1.1 3
.63
.51
1.91
.05

9.3 0
5 .2 2
1.43
1.66
1.56
.89
.67
2 .0 9
.04

110.7
138.5
112.4
177.4
180.1
188.0
170.3
136.7
111.5

111.9
142.1
116.0
183.1
185.3
191.0
178.3
139.1
108.8

113.0
146.1
121.3
190.7
192.6
20 0 .4
182.9
139.6
109.1

110.1
13 9.9
114.9
17 4.8
17 7.2
18 3.3
16 9.6
13 9 .7
115.5

10 8.8
137.5
111.8
17 3.5
175.5
181.2
16 8.6
137.2
107.1

10 6 .3
13 2.2
10 4.9
16 4.9
16 7.0
17 1 .3
16 1.6
135.1
10 9 .7

10 3.8
121.5
9 3 .3
141.1
14 2.0
14 6.8
136.1
134.0
80 .5

108.1
13 4.2
10 8.9
16 9.9
17 2.4
177.1
166.5
133.9
9 8 .9

114.2
148.8
126.2
195.0
196.9
2 0 3 .6
18 8.7
13 9.3
116.2

114.0
147.9
12 3.9
19 3.4
19 6.6
2 0 3 .3
18 8.2
140.1
12 1.5

110.8
14 2.0
116.7
182.8
185.2
191.0
17 8.0
13 7.4
140.5

111.4
14 3.7
119.8
18 5.4
18 8.4
193.9
181.6
13 8.0
115.2

3 7 2 -6 ,9
372
373
3 7 4 -6 ,9

5.11
2 .9 5
.55
1.61

4 .0 9
2 .4 9
.45
1.14

84 .5
8 6 .8
90 .9
7 8 .5

83 .4
86 .0
89.1
76 .9

82.0
84.7
88.0
75.1

82.1
8 4 .7
90.1
7 5 .0

8 1 .8
84.1
9 0 .6
7 5 .2

82.1
8 4 .0
9 1 .5
7 5 .8

87.1
9 0 .0
91 .5
8 0 .3

8 3 .6
8 6 .7
8 8 .5
76.1

8 1 .8
8 5 .4
8 6 .3
7 3 .8

8 2 .2
8 4 .9
91.1
7 4 .0

8 1 .6
8 3 .6
9 1 .5
7 4 .7

8 1 .2
8 2 .8
9 1 .9
7 4 .4

Transportation equipment
M otor vehicles and parts
Autos
Trucks an d truck trailers
Trucks an d buses
C o n su m er trucks
Business vehicles
M otor vehicle parts
M otor ho m es
A erosp ace a n d m iscellaneous
transportation equipm ent
Aircraft an d parts
Ships an d boats
R ailroad an d m iscellaneous




371

14

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY S U B TO TA L S AND INDIVIDUAL SERIES
Index. 1987 = 100
N ot seasonally adjusted
S easonallvadiusted
1993
19 94
19 94
M ar.r
Aor.r
Feb.
Feb.
Dec.
M ar.r
Aor.r
Jan.
Jan.
M avr

Proportion
in total IP
S IC

19 87

1993

19 93
Dec.

38
3 8 1 -4
384

5 .1 3
4 .0 7
1.06

4.81
3 .7 9
1.40

10 2.3
10 1 .4
143.8

10 3.7
10 2.3
148.1

104.1
10 3.3
15 1.3

10 4.4
10 3.8
15 1.7

10 4.0
10 3.3
150.5

103.7
102.7
150.1

102.4
101.3
137.1

1 0 2 .0
10 0.3
13 8 .7

10 2.8
10 1.6
14 3.7

1 0 2 .8
1 0 1 .8
1 4 3 .3

102.5
10 1.3
14 3.5

101.9
10 0.5
14 4.2

M is c. m a n u fa c tu re s
C onsum er goods
Business supplies

39
3 9 1 ,3 ,4 ,6
3 9 5 ,9

1.26
.65
.61

1.24
.62
.62

110.3
10 7.3
113.7

110.7
10 8.4
113.2

10 9.9
10 7.7
113.0

111.1
10 8.3
113.6

112.1
108.5
115.8

112.0
108.4
115.9

111.4
108.0
115.1

10 7 .0
10 3 .9
110.4

107.2
105.1
10 9.5

110.0
10 7.8
112.5

111.3
10 8.4
114.4

111.3
10 7.7
115.1

E le c tric u tilitie s
G eneration
Fossil fuel
Hydro and nuclear

4 9 1 ,3 p t

6 .0 7
2 .5 7
1.46
1.11

6 .3 4
2 .6 6
1.42
1.24

115.5
113.5
110.4
117.5

119.1
116.6
116.8
116.3

118.1
116.3
111.5
122.6

117.4
114.3
10 7.3
12 3.7

115.8
114.7
10 6.7
125.4

116.9
114.7

116.9
115.2
108.6
124.0

12 5.5
121.1
116.7
12 6.9

117.3
117.2
10 9.3
12 7.6

112.0
10 8.5
10 1.2
118.0

10 5 .4
10 4 .4
9 6 .8
114.6

108.6
108.8

3 .5 0
1.42
2 .0 8
1.16
.92

3 .6 8
1.49
2.1 9
1.23
.96

117.0
115.7
117.9
117.5
118.4

12 0.9
12 3.7
118.9
119.6
118.1

119.3
12 0.9
118.3
119.4
116.8

119.6
118.9
120.2
120.6
119.6

116.6
112.5
119.3
120.7
117.7

118.5

118.1
123.5
114.5
114.0
115.2

12 8.7
14 6.3
116.7
118.9
114.0

117.4
12 6.3
111.3
111.9
110.6

114.5
114.1
114.8
113.5
116.5

106.1
9 8 .0
111.6
110.2
113.4

10 8.5

1.64
.56
.26
.56

1.73
.58
.28
.59

117.0
112.6
117.8
119.5

13 2.6
12 9.6
148.2
13 4.0

12 6 .4
125.1
13 1.0
12 8 .7

120.1
115.5
127.2
122.5

118.0

118.7

166.4
195.5
182.3
151.3

220.1
2 7 4 .5
2 7 0 .7
18 7 .6

188.5
2 3 3 .0
2 1 7 .9
16 4.6

15 8.2
17 7.7
17 9 .3
14 6.3

12 4.8

9 2 .9

Item
In s tru m e n ts
Scientific and medical
Medical instruments

Sales
Residential
Nonresidential
Com m ercial and other
Industrial
G a s u tilitie s
Residential
Com m ercial and other
G as transmission

4 9 2 ,3 p t

119.1

M avr

115.7

T a b le 7
IN D U S T R IA L P R O D U C T IO N : G R O S S V A L U E O F P R O D U C T S
Billions of 1987 dollars at annual rates, seasonally adjusted
1987

1993

1993
Q1

Q2

Q3

Q4

1994
Q 1r

Q2P

1994
Jan.

Feb.

M ar.r

Apr.r

M a yr

JuneP

1 7 07.0

1 8 86.9

18 70.9

1873.1

1881.1

19 27.0

1960.7

19 70.3

1 9 55.4

1964.1

19 6 2 .6

1 9 7 1 .4

19 6 7 .4

19 72.2

13 14.6

14 8 0 .7

1 4 70.5

1 4 69.8

14 73.6

1513.1

1542.4

1544.8

15 35.0

15 4 7 .9

15 4 4 .5

1547.1

1 5 4 2 .3

15 45.0

C onsum er goods
Durable
Autom otive products
O ther durable goods
N ondurable

8 6 6 .6
226.1
114.9
111.2
6 4 0 .5

944.1
2 5 3 .2
128.1
125.1
6 9 0 .9

9 4 3 .0
2 5 2 .5
12 9.8
12 2.7
6 9 0 .5

9 3 7 .2
2 4 9 .3
125.9
12 3.4
6 8 7 .9

9 3 8 .9
2 4 6 .5
119.1
127.4
69 2 .4

9 5 9 .0
266.1
13 8.6
127.5
6 9 2 .9

97 1 .7
27 4.9
149.1
125.8
6 9 6 .8

9 7 1 .7
2 6 5 .3
138.7
126.6
7 0 6 .4

96 8 .7
2 7 4 .4
148.3
126.1
69 4 .3

9 7 4 .0
2 7 8 .9
153.5
12 5.4
695.1

9 7 2 .4
2 7 1 .4
14 5.4
126.1
7 0 1 .0

9 7 3 .5
2 7 0 .7
14 2 .8
12 7.9
7 0 2 .8

9 6 9 .8
2 6 2 .3
13 7.0
12 5.4
7 0 7 .5

9 7 1 .8
2 6 2 .8
13 6.3
12 6.5
7 0 9 .0

Equipm ent, total
Business and defense
Business
D efense and space

4 4 8 .0
4 3 0 .5
3 3 5 .4
95.1

5 3 6 .7
5 1 9 .9
4 5 1 .5
68 .4

5 2 7 .5
511.0
4 4 0 .0
71.1

5 3 2 .6
5 1 6 .8
4 4 7 .5
6 9 .3

5 3 4 .7
51 7 .5
4 4 9 .8
67 .8

554.1
5 3 6 .3
4 7 0 .3
66.1

5 7 0 .7
5 5 2 .0
4 8 7 .8
64 .2

573.1
5 5 4 .4
49 1 .2
63 .2

56 6 .3
54 7.8
48 3 .0
64 .8

5 7 3 .9
5 5 5 .2
4 9 1 .3
6 3 .9

5 7 2 .0
5 5 3 .0
489.1
6 3 .8

5 7 3 .6
5 5 4 .9
4 9 1 .2
6 3 .6

5 7 2 .4
5 5 3 .8
4 9 0 .7
63.1

5 7 3 .2
5 5 4 .6
4 9 1 .8
62 .8

3 9 2 .5
16 2.7
2 2 9 .8
6 0 .3

406.1
158.8
2 4 7 .3
6 7 .9

4 0 0 .3
155.7
2 4 4 .7
68.1

4 0 3 .3
156.4
2 4 6 .9
67 .6

4 0 7 .5
159.6
2 4 7 .9
6 7 .4

4 1 3 .8
164.2
2 4 9 .6
68 .3

4 1 8 .3
163.6
2 5 4 .7
7 0 .3

4 2 5 .6
168.0
2 5 7 .6
70 .9

4 2 0 .4
165.4
255.1
72 .2

4 1 6 .2
16 2 .0
2 5 4 .2
70.1

4 1 8 .2
1 6 3 .4
2 5 4 .7
6 8 .8

4 2 4 .3
1 6 7 .4
2 5 6 .8
7 0 .6

425.1
16 8.2
2 5 7 .0
7 0 .0

4 2 7 .2
168.3
2 5 8 .9
72.1

Item
P ro d u c ts , to ta l
F in al p ro d u c ts

In te rm e d ia te p ro d u c ts
Construction supplies
Business supplies
Com m ercial energy products

T a b le 8
D I F F U S IO N IN D E X E S O F I N D U S T R I A L P R O D U C T I O N
Percent
Year
O n e M o n th E a rlie r
1992
1993
1994
T h re e M o n th s E a rlie r
1992
19 93
1994
S ix M o n th s E a rlie r
1992
1993
1994

Jan.

Feb.

Mar.

Apr.

M ay

June

July

Auq.

Sep.

Oct.

Nov.

Dec.

4 2 .0
5 1 .4
4 9 .8

61 .6
5 9 .6
5 0 .2

63 .5
4 7 .8
67.1

5 8 .4
5 6 .5
5 4 .9

5 7 .6
4 0 .4
5 7 .5

44 .7
52 .9

5 3 .7
56 .9

49 .8
52 .2

5 1 .4
4 9 .8

56.1
5 4 .5

6 2 .7
5 7 .3

52 .2
6 2 .4

50 .2
56 .5
6 1 .6

5 5 .7
6 0 .8
5 9 .6

59 .2
6 1 .2
6 0 .0

68 .2
5 7 .3
6 4 .7

6 9 .4
5 1 .0
65.1

52 .9
50 .6

52 .5
51 .8

45.1
57 .6

4 9 .0
54.1

4 9 .8
5 2 .9

6 2 .7
5 3 .7

59 .2
6 5 .5

56.1
5 3 .3
6 0 .8

5 5 .7
65 .5
6 0 .4

5 6 .9
65 .9
67 .8

63.1
6 6 .7
70 .2

6 4 .7
5 7 .6
6 4 .7

60 .4
58.8

65.1
62 .4

60 .0
52 .2

5 4 .9
5 3 .3

5 5 .3
5 3 .3

5 9 .2
6 1 .2

5 8 .4
63 .9

N ote— T h e diffusion indexes are calculated as the percentage of series that increased over the indicated span (one, three, or six m onths) plus o n e -h a lf
the percentage that w ere unchanged.




15

Table 9
E LE C TR IC POW ER USE: M ANUFACTURING AND MINING
1993
Dec.

1994
Jan.

Feb.

M a r/

A o r/

MavP

1993
Dec.

>
o

Index. 1 9 8 7 = 1 0 0
1987
Billion
KWH

MavP

8 5 0 .7

111.8

111.6

112.5

114.1

112.4

112.9

110.0

108.5

108.6

112.0

110.9

112.6

7 7 6 .5
3 5 1 .3
4 2 5 .2
7 4 .2

112.1
107.1
116.5
108.1

111.9
107.5
115.9
107.7

112.8
107.9
117.2
107.8

114.5
109.6
118.8
10 9.3

112.7
106.8
117.8
108.2

113.3
106.8
119.1
107.3

109.9
104.5
114.6
111.6

108.2
10 3.6
112.4
111.8

10 8.7
104.6
112.3
107.2

112.2
108.6
115.5
10 9.3

110.9
10 5.7
115.5
110.2

113.0
106.9
118.4
107.5

101
102

14.6
6.3
4 .8

141.7
120.7
155.9

133.8
109.9
149.2

135.6
119.4
145.6

13 6.0
127.1
13 7.4

130.4
118.3
135.3

129.4
115.2
13 6.4

140.5
120.6
154.3

135.9
115.4
14 8.3

128.5
109.7
140.1

134.8
119.1
140.8

136.9
124.6
142.4

134.3
124.2
136.3

12

13.4

93.3

101.4

100.7

104.6

103.5

104.6

10 2.4

115.0

112.6

113.0

106.6

100.2

13

3 3 .0
2 7 .7
3.7

101.2
101.1
85.1

98.8
98.3
85.0

99.0
100.2
72.0

98 .8
100.7
74 .9

99.1
101.7
70.2

97 .7
10 0.0
74 .8

104.9
105.7
8 5 .7

10 3.4
10 3.4
87 .9

97 .2
99 .2
68 .5

9 7 .4
9 9 .3
75.6

98 .8
10 1.3
73.6

97 .0
98 .6
77 .8

12.3
3.5
2.9
3.9

106.7
125.3
124.8
88.9

108.4
125.3
131.6
90.3

107.4
113.7
134.5
92.7

111.3
128.2
139.2
92 .5

112.0
134.0
128.2
92 .5

10 9.4
131.5
128.0
88 .8

10 7.8
128.8
124.7
89 .2

10 0.5
103.1
111.4
89 .4

99 .9
9 4 .7
109.9
91 .4

104.6
108.6
117.1
92 .6

113.1
132.9
125.1
95 .0

112.9
13 8.4
134.4
91 .0

201
202
203
204
205
206
207
208
209

5 2 .9
8.7
6.5
6.6
10.9
3.3
3 .7
3.4
5.9
3.9

118.0
124.8
112.0
116.7
122.2
126.5
133.6
125.8
101.0
105.7

119.9
129.9
105.9
116.9
125.3
122.8
136.6
126.0
106.0
112.4

117.8
130.3
110.4
117.1
125.0
123.8
134.8
120.6
97.6
102.1

121.5
132.1
108.3
124.1
128.2
12 6.7
13 0.0
131.9
110.3
10 7.0

12 0.4
133.6
109.3
123.9
125.4
124.9
140.2
133.8
10 7.3
104.4

120.2
132.6
106.9
12 5.0
129.2
12 4.3
137.1
141.8
105.3
104.6

115.0
120.7
106.2
109.1
123.8
12 1.0
155.0
136.6
93 .6
101.4

113.6
122.4
9 9 .7
104.1
123.9
114.5
142.8
13 6.4
9 5 .3
10 4.4

109.6
119.6
10 1.0
103.4
122.7
112.9
140.2
128.1
85 .8
93 .5

112.7
121.7
101.9
110.9
123.8
117.6
119.4
130.2
100.1
99 .0

113.0
126.5
10 7.3
110.9
120.6
118.8
119.8
13 2.3
100.1
97 .6

115.2
128.2
106.9
115.3
12 4.7
121.3
119.0
134.2
102.2
101.2

21

1.7

97.8

88.5

94.8

9 2 .0

84 .0

82 .2

90 .4

7 8 .0

8 9 .3

87 .3

80 .6

81 .5

Textile mill products

22

Fabrics
Knit goods
Fabric finishing
Yarn and thread
M iscellaneous textiles

2 2 1 -4
225
226
228
229

2 9 .9
11.6
3.4
2.2
8.4
2.9

116.1
104.2
136.7
124.8
122.1
119.1

110.4
99 .4
133.9
124.0
109.4
122.6

118.1
108.3
135.8
121.3
124.9
118.2

116.9
10 2.4
141.6
12 8.4
12 2.6
128.1

113.3
100.9
139.1
12 0.4
115.8
124.9

115.6
103.9
137.0
118.6
120.0
125.5

108.7
97 .4
124.2
122.2
114.7
111.4

9 2 .6
8 3 .3
10 9.7
10 6.4
8 9 .0
10 8.9

10 8.8
99 .5
12 4.4
114.0
113.3
111.3

111.6
97 .9
13 2.0
124.0
117.4
123.1

110.8
98 .6
132.6
120.6
114.2
121.7

118.2
106.4
13 9.5
12 1.0
124.1
126.2

6.6
1.9
1.9

98.6
106.8
84.6

98.9
104.5
88 .4

101.0
109.2
86 .6

103.3
110.2
90 .3

101.9
10 9.4
89 .6

101.2
101.7
87 .8

88 .6
93 .6
76.1

8 4 .5
8 6 .0
76 .6

9 1 .4
9 6 .4
78 .0

93 .8
97 .4
80 .9

93 .7
98 .7
80 .6

97 .7
98 .9
84 .0

2 1 .6
7 .9
5.7

117.1
107.4
110.3

117.3
111.5
103.9

117.2
110.5
103.9

120.1
112.5
110.7

116.4
106.3
107.4

117.4
106.9
106.0

117.6
10 8.7
111.2

117.1
111.2
10 2.9

12 0.0
114.4
10 6.0

120.8
113.2
110.8

117.9
108.1
108.9

116.7
106.2
106.3

5.7
3.2

114.7
107.1

113.9
106.6

116.0
110.2

117.1
110.8

116.6
109.1

115.3
106.8

112.7
10 6.8

10 7.8
10 1.3

115.4
110.6

115.4
110.9

114.8
108.9

113.0
106.5

9 7 .0
7.1
5 1 .6
2 6 .0
4 .5
7.6

119.7
110.9
118.1
129.0
116.8
117.5

115.9
99.1
113.0
127.1
114.4
120.5

121.0
105.0
119.6
138.2
111.4
122.3

119.9
106.9
118.0
131.7
117.3
123.8

118.6
101.9
116.4
13 3.4
118.7
118.3

122.5
106.5
121.7
13 3.6
122.2
119.3

118.8
107.4
117.5
13 0.4
115.0
114.4

117.8
104.1
117.3
127.1
110.7
117.4

118.5
104.4
117.2
13 6.4
110.4
119.7

118.6
102.8
117.4
133.5
115.6
119.1

118.7
103.8
118.0
127.4
117.9
116.6

121.2
105.8
12 0.4
132.4
119.2
117.2

15.7
3.4
8.2

129.4
119.0
132.0

127.0
111.8
128.0

128.6
112.0
131.7

132.8
116.1
13 6.9

13 2.0
115.6
13 7.8

131.5
116.3
137.5

122.4
112.6
124.2

118.2
10 7.0
117.7

117.5
102.2
120.8

122.1
106.5
126.6

12 3.8
10 9.0
128.5

12 6.4
112.7
131.8

146.2
61 .8
14.1
29.1
10.9
18.2

115.5
117.4
129.7
128.2
99.8
148.3

116.2
119.4
123.3
129.4
104.7
147.0

117.5
120.6
121.7
129.7
104.4
147.6

119.6
12 3.0
118.8
13 8.0
105.2
16 1.3

118.0
12 0.7
10 4.2
14 0.8
10 1.7
16 8.5

120.0
123.0
10 4.3
14 3.0
100.6
173.2

115.0
117.5
12 7.3
13 0.2
10 1.0
15 1.0

115.6
119.8
12 3.7
13 1.3
10 8.6
14 7.4

113.5
116.6
117.0
125.2
102.1
141.6

118.2
12 3.3
121.5
14 0.7
103.2
167.4

116.8
119.8
10 6.8
14 0.4
10 0.4
168.9

120.5
124.9
105.7
149.6
101.1
184.1

Item

1 9 87 S IC

Total
M A JO R IN D USTR Y G R O U P S
Manufacturing
Durable
Nondurable
Mining
INDUSTRY G R O U P S and SER IES
Metal mining
10
Iron ore
C opper ore

Coal mining
Oil and gas extraction
C rude oil and natural gas
Natural gas liquids

Stone and earth minerals
Crushed stone
S and and gravel
Chem ical and fertilizer m aterials

Foods
M e at products
Dairy products
C an ned and frozen food
Grain mill products
Bakery products
S ug ar and confectionery
Fats and oils
B everages
Coffee and m iscellaneous

Tobacco products

Apparel products
M e n ’s outerw ear
W o m en ’s outerw ear

Lumber and products
Lum ber
Millwork and plywood

Furniture and fixtures
Household furniture

Paper and products
W ood pulp
Paper
P aperboard
P aperboard containers
C onverted paper products

Printing and publishing
N ew spapers
Com m ercial printing

Chemicals and products
Basic chem icals
Alkalies and chlorine
Inorganic chem icals, nec
Acid and fertilizer m aterials
N uclear m aterials, nondefense




131
132

14
142
144
147

20

23
2 3 1 ,2
233

24
242
243

25
251

26
261
262
263
265
267

27
271
275

28
281
2812
2819

Seasonallvadiusted

16

Not seasonallv adjusted
1994
Jan.
Feb.
M a r/

Table 9 (continued)
E LECTR IC POW ER USE: M ANUFACTURING AND MINING
Index. 1987 = 100
1994
Jan.

Feb.

Mar.r

Aor.r

MavP

1993
Dec.

Q

MavP

(c o n t.)
Synthetic m aterials
282
Plastics m aterials
2821
Drugs and m edicines
283
S oap and toiletries
284
Industrial organic chem icals
286
Agricultural chem icals
287

26 .5
14.2
5.5
3.1
36 .0
8.5

10 6.9
118.5
12 3.2
113.7
114.8
113.6

106.4
113.1
119.2
110.9
108.4
115.7

107.2
116.2
123.9
113.3
116.3
115.0

109.0
120.2
124.6
116.5
112.1
116.9

109.7
119.3
121.5
110.7
115.2
116.7

110.6
117.6
126.2
112.5
114.3
114.8

10 6.4
116.8
115.0
107.3
114.0
115.2

105.2
113.3
110.6
10 5.7
10 8.8
116.6

10 4.0
113.1
113.2
10 7.9
112.9
113.6

10 5.7
115.1
114.3
112.2
110.5
115.2

10 8 .9
117.1
115.0
10 5.2
114.9
118.2

110.7
116.1
122.4
110.0
109.9
115.3

29

40.1

10 5.2

106.1

101.5

104.5

107.3

104.2

106.4

10 5.2

96 .9

9 9 .0

104.1

103.1

R u b b e r an d p la s tic s p ro d u c ts
Tires
Rubber products, nec
Plastics products, nec

30
301
306
308

33.1
3.6
3.1
2 4 .9

13 1.9
109.5
10 9.4
13 7.4

13 0.7
111.0
110.9
13 5.2

132.5
116.3
106.3
137.0

134.1
114.5
111.7
138.9

133.9
115.6
106.3
139.8

134.5
108.0
110.4
141.3

126.1
100.3
106.5
131.9

119.4
101.2
10 3.3
12 3.0

12 9.3
10 9.7
10 5.0
134.2

133.1
111.4
110.3
138.6

13 2 .8
112.8
10 5.5
13 9.0

13 4 .7
108.8
10 9.8
14 1.6

L e a th e r an d p ro d u c ts
Shoes

31
314

1.0
.4

96 .9
8 6 .2

94 .6
80 .0

94.5
81 .0

97.7
83.4

97.9
88.1

97.9
86.9

92 .8
79 .2

8 8 .9
7 3 .7

92.1
7 7 .2

95.1
79.1

9 5 .8
8 4 .6

9 6 .7
86 .8

S to n e , clay, & g la s s p ro d u c ts
Flat glass
Pressed and blown glass
C em ent
Structural clay products
C oncrete products

32
321
322
324
325
327

33 .8
1.7
6.7
10.1
1.6
5.1

10 6.0
107.5
10 3.8
107.1
10 6.6
95 .0

105.2
107.5
100.4
105.5
108.7
93 .6

102.8
103.5
103.0
101.6
108.6
87.1

106.6
113.8
103.0
109.0
108.4
87.0

104.6
111.3
99 .9
102.5
111.5
93 .7

104.5
111.6
100.6
102.3
107.1
93 .7

105.1
106.4
100.7
107.8
108.2
94 .9

9 8 .7
102.7
95 .2
9 3 .6
102.5
89 .5

95 .8
10 1.2
10 0.0
8 2 .5
10 3.0
8 3 .7

10 0.9
10 9.2
10 1.4
93 .2
105.6
83.1

103.1
1 0 7 .7
9 9 .5
10 0.5
110.6
9 1 .3

106.8
110.7
102.1
109.7
106.8
93 .7

33
331
332
333
3334
336

137.9
5 4 .4
9.9
5 5 .8
5 1 .2
2.7

104.2
112.2
116.1
8 4 .8
8 5 .7
112.2

10 6.6
112.9
113.2
91 .8
87 .0
112.7

107.5
112.8
111.8
92.2
85 .9
113.0

108.8
112.4
115.9
93.4
87.6
118.1

104.8
108.5
118.0
87.5
81 .7
114.9

105.1
112.0
120.8
85 .4
81.1
116.3

104.2
112.3
111.8
86 .6
86 .9
109.2

107.1
114.9
10 6.4
9 2 .6
8 6 .9
10 6.5

10 5.3
113.6
113.3
8 6 .7
79 .8
112.9

110.7
116.9
118.2
9 3 .7
8 6 .8
120.1

10 5.9
112.3
12 1.5
8 6 .5
81.1
114.7

10 6.6
114.4
12 0.6
86 .6
83 .5
115.6

F a b ric a te d
p ro d u c ts
M etal containers
H ardw are, tools, and cutlery
Structural metal products
Fasteners
M etal stampings

34
341
342
344
345
346

31 .5
2.5
2 .7
5.6
1.7
7.1

113.0
119.3
113.5
104.0
10 3.7
125.0

112.1
122.1
110.9
104.9
101.8
127.8

111.7
126.4
110.0
105.2
102.6
123.1

113.2
126.7
113.0
106.3
103.3
125.4

111.7
126.2
111.9
104.2
107.3
125.6

112.3
125.1
112.1
108.9
105.6
122.0

108.2
113.2
108.7
101.0
97 .8
119.1

10 5.3
115.7
10 3.6
100.6
95 .2
113.8

111.4
12 4.5
10 8.9
106.8
10 2.0
121.2

113.2
12 6.5
111.5
10 5 .8
10 3.2
12 7.9

110.5
12 7.0
110.0
10 2.9
10 4 .0
12 5 .7

111.2
124.9
109.6
10 8.3
102.1
123.8

In d u s tria l m a c h in e ry
e q u ip m e n t
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
G eneral industrial
Com puter and office equip.
Service industry m achines

35
351
35 2
353
354
35 5
356
357
358

3 3 .4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

112.3
113.4
115.4
97 .0
122.9
108.6
114.8
95 .4
136.6

110.2
109.5
131.7
98 .6
121.6
107.0
109.3
89 .9
133.1

111.0
107.5
131.9
97 .3
123.4
111.3
113.0
92.5
134.5

111.9
117.1
137.5
99.0
124.3
109.3
112.2
93.3
135.7

111.2
116.6
140.3
99.5
123.4
110.5
113.1
90 .6
136.3

111.2
120.3
139.8
96.0
125.0
113.9
113.5
89 .4
139.1

106.9
108.7
113.9
9 4 .0
116.7
103.7
108.7
91 .5
126.8

10 3.4
10 5.0
13 0.9
9 2 .2
113.7
9 9 .7
102.1
8 5 .9
12 2.7

10 8.8
10 6.6
13 8.0
9 4 .8
12 0.7
10 8.6
111.0
8 9 .3
13 0.0

10 9.4
116.7
13 9.4
95 .8
12 2.5
10 7.9
110.5
90 .2
13 1.5

10 7 .6
115.2
14 2.7
9 4 .6
119.9
10 7.0
110.5
8 5 .8
13 1.4

109.8
117.2
139.2
95 .3
12 1.4
109.7
111.2
8 8 .8
13 8.0

E le c tric a l m a c h in e ry
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
T V and radio sets
C om m unicationequipm ent
Electronic com ponents

36
361
362
363
364
365
366
367

3 1 .3
1.4
4.1
2.5
2.9
.6
3.1
12.8

108.0
7 7 .6
10 9.5
94 .4
102.1
14 9.8
8 6 .7
119.7

104.2
75 .2
105.8
8 8 .3
99 .6
141.6
83 .0
112.8

106.0
76 .8
109.6
90.1
103.7
150.9
84 .6
114.2

108.7
77.5
108.5
92.7
102.1
148.5
87.5
119.0

107.4
76.1
110.1
89 .9
101.4
145.7
85 .7
117.3

107.3
79 .0
111.3
92 .4
102.2
142.0
82 .4
116.3

104.2
7 5 .3
106.1
8 6 .0
9 7 .7
14 5.8
8 2 .3
116.0

98.1
7 1 .3
10 2.6
8 3 .7
9 1 .6
13 4.8
7 7 .9
10 6.3

10 1 .3
7 3 .7
10 6.9
8 8 .3
10 2 .3
14 4 .7
79.1
10 8 .0

10 4.9
7 5 .6
107.6
91 .9
10 1.3
141.8
82 .2
113.7

104.1
73 .2
10 9.5
89 .2
10 1 .7
139.2
8 1 .8
113.1

105.2
76.1
110.1
93.1
10 2.3
13 9.5
81 .2
113.5

T ra n s p o rta tio n e q u ip m e n t
Motor vehicles and parts
Aircraft and parts
Ships and boats

37
371
37 2
373

3 8 .3
2 1 .9
10.1
2.1

10 1.6
9 9 .0
9 9 .0
97 .2

103.1
101.7
93 .8
10 0.8

102.8
101.8
96.2
98.5

103.1
100.0
96.3
102.1

100.8
97 .6
92 .9
105.2

98.8
97 .6
89 .8
105.5

9 6 .0
9 2 .5
9 4 .8
99 .5

9 5 .4
9 2 .6
8 7 .8
103.2

9 8 .4
9 6 .7
91 .5
10 4.5

101.9
100.1
9 3 .3
10 4.6

98 .8
9 7 .0
8 9 .9
102.1

100.2
9 9 .0
90 .8
10 0.7

In s tru m e n ts
Photographic equip. & supplies

38
386

13.1
1.7

112.9
10 1.6

112.1
98 .6

113.3
100.4

115.6
108.1

110.0
91 .4

111.8
98 .2

10 6.3
9 6 .6

10 3.7
9 4 .3

10 6 .3
9 6 .8

10 9.9
105.1

10 5 .4
9 0 .6

10 8.0
97 .6

39

4 .6

12 0.8

12 0.3

121.2

128.0

127.8

124.6

113.8

113.4

118.7

124.1

12 2 .7

12 0.6

8 3 2 .5
7 6 5 .4
8 5 .3

110.7
110.5
116.3

110.5
111.2
110.9

111.4
112.2
107.3

112.7
113.1
111.0

110.6
111.6
111.1

111.0
112.2
109.1

10 8.7
10 8 .4
117.9

107.2
10 6.9
115.7

10 7.5
10 7.7
105.1

110.3
110.8
115.5

10 9 .0
10 9.9
111.2

110.3
111.7
110.9

<

1 9 87 S IC

1993
Dec.

Item

Seasonallvadiusted

Not seasonallv adjusted
19 94
Jan.
Feb.
M ar.r

1987
Billion
KW H

Chemicals and Products

P e tro le u m p ro d u c ts

P rim a ry m e ta ls
Basic steel and mill products
Iron and steel foundries
Prim ary nonferrous m etals
Aluminum
Nonferrous foundries

metal

and

M is c e lla n e o u s m a n u fa c tu re s

SUPPLEM EN TAR Y G R O UP S
Total, excluding nuclear nondefense
Utility sales to industry
Industrial generation




17

Explanatory Note

T h e statistica l r ele a se o f Industrial Production and Capacity Utilization reports
m e a su res o f ou tp u t, c ap a city , and cap a city u tilizatio n in m an u facturin g, m in in g, and
the e le c tr ic and g as u tilities in d u stries. It a lso in clu d es su rvey data on the u se o f
e le c tr ic p o w e r in m a n u fa ctu rin g and m in in g. D ata in th e relea se are ava ila b le o n -lin e
on th e d ay o f issu e th rou gh th e E c o n o m ic B u lle tin B oard o f the D ep artm en t o f
C o m m e r ce . F or in fo rm a tio n , c a ll (2 0 2 ) 4 8 2 - 1 9 8 6 . D isk e tte s c o n ta in in g h istorical
data and the d ata p u b lish ed in th is r ele a se are a v a ila b le from the B oard o f G overn ors
o f th e F ed era l R e se r v e S y ste m , P u b lica tio n s S e r v ic e s, (2 0 2 ) 4 5 2 -3 2 4 5 .

Industrial Production
Coverage. T h e in du strial

p ro d u ctio n (IP ) in d ex m easu res output in the
m a n u fa ctu rin g, m in in g , an d e lec tric and g a s u tilities in d u stries. For the p eriod sin ce
1 9 8 7 , th e total IP in d e x h as b e e n con stru cted from 2 5 5 in d ivid u al series b ased on the
1 9 8 7 S tan d ard Industrial C la ssific a tio n (S IC ). T h e se in d iv id u a l series are c la ssifie d
and g ro u p ed in tw o w ay s: (1 ) m ark et grou p s (sh o w n in table 1), su ch as con su m er
g o o d s , eq u ip m en t, in term ed ia te p ro d u cts, and m aterials; and (2) industry groups
(sh o w n in tab les 2 and 6 ), su ch as tw o -d ig it S IC in d u stries and m ajor agg reg a tes o f
th e se in d u strie s— for e x a m p le , d u rab le and n on d u rab le m an u facturin g, m in in g, and
u tilities.

M arket groups. F or p u rp o se s o f a n a ly sis, the in d iv id u a l IP series are grou p ed into

T h e a verage r ev isio n to the le v e l o f the total IP in d ex , w ith o u t regard to
sign , b etw ee n the p relim in ary estim ate and its third r ev isio n (or from the first and the
fourth e stim a te s) w as 0 .3 5 p ercen t d uring th e 1 9 7 2 -9 2 p eriod. T h e a v erag e rev isio n
to the p ercen t ch a n g e in total IP, w ith o u t regard to sig n , from the first to the fourth
estim a te s w a s 0 .2 6 p ercen ta ge p oin t d uring the sa m e p eriod . In m o st c a se s (ab ou t 85
p ercen t), th e d irectio n o f c h a n g e in output in d ica ted b y the first estim a te for a g iv e n
m onth is the sa m e as that sh o w n by the fourth e stim ate.

Rounding. In so m e c a se s, c o m p o n e n ts m ay n ot add to totals b ec a u se o f in d ep en d en t
rou n d in g. In a d d ition , the p u b lish ed p ercen t c h a n g es are calc u la te d fro m unrou nd ed
in d e x e s, and m ay n ot b e the sam e as p ercen t c h a n g es calc u la te d from the rou n d ed
in d e x es sh o w n in the relea se.
References. Industrial Production—1986 Edition con ta in s a m ore d eta iled
d escrip tion o f the m eth od s u sed to c o m p ile th e in d ex , p lu s a h istory o f its
d ev e lo p m en t, a g lo ssa ry o f term s, and a b ib liograp h y. T o ob tain Industrial
Production— 1986 Edition ($ 9 .0 0 per c o p y ), w rite to B oard o f G ov ern o rs o f the
F ederal R eserv e S y ste m , P u b lica tion s S er v ic e s, W a sh in g ton , D C 2 0 5 5 1 . T h e 1990
and 1993 rev isio n s w ere d escrib ed in the Federal Reserve Bulletin, v ol. 7 6 (A pril
1 99 0 ), pp. 1 8 7 -2 0 4 and v o l. 7 9 (June 1 99 3 ), pp. 5 9 0 - 6 0 5 , resp e ctiv ely . T h e 1994
r ev isio n to the in d ex w a s d escrib ed in the Federal Reserve Bulletin, v o l. 8 0 (M arch
1 99 4 ), pp. 2 2 0 - 6 .

Capacity Utilization
Definition. C ap acity u tilizatio n

fin al p rod u cts, in term ed ia te p ro d u cts, and m aterials. F in al p roducts are a ssu m ed to be
p u rch ased b y c o n su m e r s, b u sin e ss e s , or g o v ern m en t for fin al u se. Interm ediate
p rod u cts are e x p e c te d to b e c o m e in pu ts in n on in d ustrial sectors, su ch as
c o n stru ctio n , agricu ltu re, and ser v ice s. M aterials are industrial output requiring
further p r o c e ssin g w ith in the indu strial sector. T otal prod u cts co m p rise final and
in term ed ia te p ro d u cts, and fin a l p rod u cts are d iv id e d into con su m er g o o d s and
eq u ip m en t.

Timing. T h e first e stim a te o f outp u t for a m on th is p u b lish ed around the

15th o f the
fo llo w in g m o n th . T h e e stim a te is p relim in ary (d en o ted by the superscript “p ” in
ta b le s) and su b je ct to r e v isio n in e a c h o f the su b seq u en t three m on ths as n ew source
data b e c o m e a v a ila b le . (R e v ise d e stim a te s are d en o ted by the superscript “r” in
ta b le s.) A fte r th e fou rth m on th , in d e x e s are n ot r ev ised further until the tim e o f an
ann u al r e v isio n or a b en ch m a rk rev isio n . T h e last three ben ch m ark r ev isio n s w ere
p u b lish ed in 1 9 9 0 , 1 98 5 , and 1 97 6 . In 1 99 3 , a r ev isio n that con v erted the in d e x es to
th e 1 98 7 S IC fro m 1 98 7 forw ard w a s p u b lish ed .

Source data. In ann u al or b en ch m a rk r ev isio n s, the in divid ual IP in d e x es are
c o n stru cted fro m a v a riety o f so u rce data, su ch as the q u in q u en n ial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prep ared b y the B u reau o f th e C en su s; the Minerals Yearbook, prepared by the
B ureau o f M in e s; and p u b lic a tio n s o f the D ep artm en t o f E nergy. O n a m on th ly b asis,
the in d iv id u a l in d e x e s o f in du strial p rod u ction are con stru cted from tw o m ain typ es
o f so u rce data: (1 ) outp u t m ea su red in p h y sic a l u nits and (2) data on inputs to the
p rod u ction p ro c ess, from w h ic h outp u t is in ferred . D ata on p h ysical p rod u cts, su ch as
ton s o f steel or b arrels o f o il, are o b ta in ed fro m p rivate trade a sso c ia tio n s as w e ll as
fro m g o v e rn m en t a g e n c ie s in clu d in g th o se liste d a b ove; data o f this typ e are u sed to
estim a te m o n th ly IP w h ere p o ssib le and appropriate. W h en su itab le data on p h ysical
p rod u ct are u n a v a ila b le, e stim a te s o f outp u t are b ased on eith er p rod u ction -w ork er
h ou rs or e lec tric p o w e r u se b y industry. D ata o n hou rs w ork ed by p rod u ction w ork ers
are c o lle c te d in th e m o n th ly esta b lish m e n t su rv ey c o n d u cte d by the B ureau o f L abor
S ta tistic s. T h e d ata o n e lec tric p o w e r u se are d esc r ib e d b elo w . T h e factors u sed to
co n v e rt in p u ts in to e stim a te s o f p ro d u ctio n are b ased on h istorical relation sh ip s
b etw ee n the in p u ts and th e c o m p r e h e n siv e data u sed to b en ch m ark the IP in d exes;
th e se facto rs a lso m a y b e in flu e n c e d b y te c h n o lo g ic a l or c y c lic a l d ev elo p m en ts.
E sp e c ia lly fo r th e first and se c o n d e stim a te s for a g iv e n m on th, the ava ila b le source
data are lim ited and su b ject to r ev isio n .
Weights. In th e

in d e x , ser ie s that m ea su re the outp u t o f an in d ivid u al industry are
w e ig h te d a cc o rd in g to th eir p rop ortion in th e total v alu e-a d d ed outp u t o f all
in d u stries. T h e in d u strial p ro d u ctio n in d e x , w h ic h e x te n d s b ack to 1919, is bu ilt in
c h r o n o lo g ic a l s e g m e n ts that are lin k e d tog eth er to form a c on tin u o u s in d ex
e x p r e sse d as a p er c en ta g e o f outp u t in a co m p a riso n b a se year (currently 198 7 ). E ach
seg m en t, w h ic h u su a lly sp an s fiv e years, is a L asp eyres quan tity in d ex sh o w in g
c h a n g e s in q u a n tities w ith p rices (C e n su s v a lu e ad d ed per u n it o f output) h eld at
b a se -y e a r v a lu e s for th e seg m en t. F or the p erio d fro m 198 7 to the p resent, IP is
a g g r eg a ted o n th e b a sis o f 1 9 8 7 v a lu e -a d d ed w e ig h ts. T h e a ggregation o f the in dex
for th e 1 9 8 2 - 8 6 p erio d is b a se d o n 1 9 8 2 w e ig h ts, w h erea s 197 7 w eig h ts are u sed for
th e 1 9 7 7 -8 1 p erio d . T h e o th er w e ig h t y ears in the p ostw ar p eriod are 1972, 1967,
1 9 6 3 , 1 9 5 8 , 1 9 5 4 , and 1 9 4 7 . T h e 1 98 7 v a lu e -a d d ed w eig h ts u sed to aggregate the
in d e x are sh o w n in th e first c o lu m n o f tab les 1 ,2 , and 6 , in the “ 1 9 8 7 ” c olu m n under
th e h ea d in g “P ro p ortion in total IP.” P rop ortion s for the m o st recent co m p le te year o f
data are s h o w n in th e se c o n d c o lu m n o f tab les 1, 2 , and 6.

Seasonal adjustment. In d iv id u a l series are se a so n a lly adju sted by the X - l 1A R IM A
m eth o d , d e v e lo p e d at S ta tistic s C an ad a. F or series b ased on p rod u ction -w ork er
h ou rs, the cu rren t se a so n a l facto rs w ere estim a ted w ith data through O ctob er 1993;
for oth er se r ie s, the facto rs w er e e stim a te d w ith data th rou gh July 1993. In so m e
c a se s, ser ie s w er e p rea d ju sted for th e e ffe c ts o f h o lid a y s or the b u sin ess c y c le b efore
u sin g X - l l A R IM A . T h e sea so n a lly ad ju sted total in d ex is calcu la ted by
a g g r eg a tin g th e se a so n a lly ad ju sted m ajor m arket g ro u p s, and m ay not p recisely
eq u al an a g g r eg a tio n o f th e s e a so n a lly ad ju sted in du stry grou p s.




Reliability.

18

is calc u la te d for the m an u factu rin g, m in in g, and
e lectric and g as u tilities in d u stries. For a g iv e n industry, the u tilizatio n rate is equ al to
an output in d ex d iv id e d by a cap acity in d ex . O utput is m easured by sea so n a lly
adju sted in d e x es o f industrial p rod u ction . T h e cap a city in d e x es attem p t to capture
the c o n c ep t o f su stain ab le practical cap a city , w h ic h is d efin ed as the greatest le v e l o f
output that a plant can m ain tain w ith in the fram ew ork o f a rea listic w ork sch ed u le,
tak in g a cco u n t o f norm al d o w n tim e , and a ssu m in g su ffic ie n t a va ila b ility o f inputs to
operate the m ach in ery and eq u ip m en t in p lace. T h e 75 in d ivid u al c ap a city in d e x es
are b ased on a variety o f data, in clu d in g cap a city data m easu red in p h ysical units
c o m p ile d by trade a sso c ia tio n s, su rv eys o f u tilizatio n rates and in v e stm e n t, and
estim ates o f grow th o f the cap ital stock .

Groups.

E stim a tes o f c ap a city and u tilizatio n are a va ila b le for a variety o f grou p s,
in clu d in g prim ary and a d v a n ced p ro c essin g in d u stries w ith in m an u facturin g,
durable and n on d u rab le m an u factu rin g, total m an u factu rin g, m in in g, u tilities, and
total industry. C om p o n en t in du stries o f the prim ary and ad v a n ced p ro c essin g grou p s
w ith in m an u facturin g are listed in the n ote on tab les 2 and 3 o f the relea se.

Weights.

V alu e-ad d ed p rop ortions are u sed to w eig h t the in d ivid u al cap acity
in d e x es in a g g reg a tio n s in the sa m e m an n er as in d ivid u al IP series are a gg reg a ted to
the total in d ex o f industrial p rod u ction . A lth o u g h each u tilizatio n rate is the result o f
d iv id in g an IP series by a corresp o n d in g cap a city in d ex , a gg reg a te u tilizatio n rates
are e q u iv alen t to c o m b in a tio n s o f in d iv id u a l u tilizatio n rates a gg reg a ted w ith
p rop ortions that reflect current cap a city le v e ls o f output valu ed in b ase-p eriod
v alu e-a d d ed per unit o f actual output. T h e im p lied p rop ortion s o f in d iv id u a l industry
op eratin g rates in the rate for total industry for the m o st recen t year are sh o w n in the
first c olu m n o f tab le 3.

Perspective. T h e h isto rica l h ig h s and lo w s in c ap a city u tilizatio n sh o w n in the tab les

a b o v e are sp e c ific to each series and did n ot all occu r in the sa m e m on th. Industrial
plants u su a lly operate at cap a city u tilizatio n rates that are w ell b e lo w 100 percent:
n on e o f the broad a g g reg a tes h as e ver reach ed 100 p ercen t. For total industry and
total m an u facturin g, u tilizatio n rates as h igh as 9 0 p ercen t h av e b een e x c e e d e d o n ly
in w artim e.

References. T h e b asic m e th o d o lo g y u sed to estim ate cap a city and u tilizatio n is
d isc u sse d in the Federal Reserve Bulletin, v o l. 71 (O ctob er 1 98 5 ), pp. 7 5 4 - 6 6 . T h e
199 0 and 1993 r ev isio n s w ere d escrib ed in the Federal Reserve Bulletin, v o l. 7 6
(June 1 9 9 0 ), pp. 4 1 2 - 3 5 and v o l. 7 9 (June 1 99 3 ), pp. 5 9 0 - 6 0 5 , resp e ctiv ely . T h e
199 4 rev isio n to the in d ex w as d escrib ed in the Federal Reserve Bulletin, v o l. 8 0
(M arch 199 4 ), pp. 2 2 0 - 6 .

Electric Power
D ata on elec tric p ow er (ex p r essed in k ilo w a tt h ou rs) are c o lle c te d by the Federal
R ese rv e D istrict B an k s from e lectric u tilities and a lso fro m m an u factu rin g and
m in in g esta b lish m e n ts that g en era te e lectric p o w e r for their o w n u se (co g en erato rs).
T h e in d e x e s o f p o w e r u se sh o w n in tab le 9 are su m s o f k ilo w a tt h ours u sed by an
indu stry or industry grou p e x p r esse d as a p ercen ta ge o f that in d u stry ’s or g ro u p ’s
u sag e in 1987. T he first c o lu m n o f the tab le sh o w s, for referen ce, e lectric p o w e r use
in b illio n s o f k ilo w a tt hou rs as reported b y m an u factu rin g and m in in g in du stries in
the 1 987 c e n su se s o f th o se in d u stries. T h e su p p lem en tary grou p , “T otal, le ss n u clear
n o n d e fe n se ,” is sh o w n sep arately b ec a u se the n o n d e fe n se n u clear m aterial series
(part o f SIC 2 8 1 9 ) a cco u n ts for a d isp ro p o rtio n ately large part o f total elec tric p ow er
u se. B e c a u se the v a lu e -a d d ed p rop ortion for th is industry in total IP is c on sid era b ly
sm a ller than its share o f total elec tric p o w e r u se, e x c lu d in g this c o m p o n e n t from total
p o w e r u se fa c ilita te s co m p a r iso n s w ith total IP.

Release Schedule fo r 1994
A t 9 :1 5 a.m . o n January 14, F ebruary 15, M arch 15, A pril 15, M ay 16, June 15, July
15, A u g u st 15, S ep tem b er 16, O cto b er 14, N o v e m b e r 15, and D ec e m b er 14.

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