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FEDERAL RESERVE statistical release
•?^UR£§^V

For release at 9:15 a.m. (EDT)
June 16,1992

G.I 7 (419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production increased 0.6 percent in May, slightly faster than in the preceding three months. Gains in
motor vehicles, their parts, and related materials contributed to the May increase. In addition, the output of construction
and mining machinery, a component of industrial equipment, rose noticeably last month with the end of a strike at a major
producer. At 108.8 percent of its 1987 annual average, total industrial production in May was 2.2 percent above its
year-ago level. Total industrial capacity utilization rose 0.3 percentage point in May to 79.0 percent.
Market Croups
In May, output of durable consumer goods increased substantially for the fourth successive month; while these
recent gains have resulted, in large part, from higher output of autos and light trucks, the May increase also reflected a jump
in production of other durables, such as appliances and furniture. By contrast, output of nondurable consumer goods, which
edged lower in May, has been little changed, on balance, in recent months. Production of business equipment excluding
motor vehicles advanced 1 percent last month; in addition to the rise in construction and mining machinery, the output of
most other components of industrial equipment as well as computers rose. Output of construction supplies expanded for the
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
Index. 1987=100

Mai*

Api*

MayP

May 91 to
May 92

108.8

0.5
0.5

0.5
0.4

0.4
0.5

0.6

2.2

109.0
109.8
122.9
96.9
106.8

109.7
110.4
124.5
97.3
107.3

0.5
0.6
0.9
0.6
0.5

0.5
0.6
0.5
0.6
0.5

0.4
0.3
1.1
0.3
0.5

0.7
0.6
1.2
0.4
0.5

1.9
3.6
2.3
1.6
2.6

109.0
107.7
110.7
99.1
107.7

109.8
109.1
110.8
98.8
107.3

0.6
1.1
0.1
0.5
-0.4

0.4
0.2
0.7
-0.5
1.6

0.4
0.5
0.3
1.2
-0.4

0.7
1.2
0.1
-0.3
-0.4

3.0
2.2
4.1
-1.4
-3.7

Mar

r

Api*

MayP

Total Index
Previous estimate

107.2
107.2

107.7
107.6

108.1
108.2

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

108.1
108.8
121.0
96.0
105.8

108.6
109.5
121.7
96.6
106.3

Major industry groups;
Manufacturing
Durable
Nondurable
Mining
Utilities

108.1
107.0
109.6
98.4
106.4

108.6
107.1
110.3
97.9
108.1

Industrial Production

Capacity Utilization
Total Industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




Percent chanae
1992
Febr

1992
Febr

Percent of Caoacitv
1991
1992
1982 1988-89
Feb'
U>w
High
Mey

MaK

Api*

MayP

Capacity
growth
May 91 to
May 92

82.1

71.8

85.0

79.1

78.3

78.5

78.7

79.0

2.4

81.4
81.0
82.3
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.6
89.0
87.2
92.3

77.8
77.3
79.0
87.6
86.7

77.4
76.1
80.4
85.7
82.2

77.5
76.2
80.9
85.3
83.4

77.7
76.3
81.1
86.4
83.1

78.1
76.8
81.4
86.1
82.7

2.7
3.1
1.7
0.4
1.1

Average
1967-01

fifth consecutive month, but is only about 1-1/2 percent above its depressed level of a year ago. Production of materials
continued to increase in May at its recent pace of 1/2 percent per month. After having been curtailed around the turn of the
year, it has nearly regained its level of last fall. Most major groups of durable materials posted strong gains last month. For
nondurables, production of textiles and chemicals also rose, but these gains were offset by a decline in the production of
paper materials. Output of energy materials edged down last month.
Industry Groups
Output in manufacturing increased 0.7 percent in May, and factory utilization increased 0.4 percentage point to
78.1 percent. The level of utilization has risen more than 1 percentage point since January, but was still about
3/4 percentage point below its recent high last September. Utilization at primary processing industries has advanced
steadily in recent months and in May had recovered to its recent high. Utilization in advanced processing industries rose
0.5 percentage point in May after edging up in each of the two preceding months; these monthly gains mainly reflected
increases in motor vehicles and parts, nonelectrical machinery, and furniture. Despite these gains, the operating rate for
advanced processing industries in May remained about 1 percentage point below its September level.
Outside manufacturing, production at mines decreased 0.3 percent in May despite a strong gain in coal
extraction, while output at utilities fell 0.4 percent.




2

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
May data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

5
0

-10
Durable
manufacturing

5
0

0 h-5 h-10

-10
1988

1989

1990

1991

1992

1987

1988

1989

Total industry

1990

Ratio scale, 1987 production = 100

^^"^^

Capacity

110

^

^

^

_J L
H

90

*0*"^ —1 130

Capacity

r~

^ \ j ^ ^ ~ \

H

1
i
Production

70

1992

Manufacturing

Ratio scale, 1987 production = 100

130

1991

-J__ i

i

i

i J

1 1 I 1

1 1 . 11i

1

1 J... 1 1
.

I

1 1 1 1

I J

70

Percent ©f capacity

90

-I 90

_~_j r—

80 %

Utilization

/VV1

V

VV

85

1

Utilization

85

70
65 .

90

Production

Percent of capacity

75

110

1

1987

80

MM
I I I I L I I I I I I I I
I I I I I I I
1980 1982 1984 1986 1988 1990 1992 1980 1982 1984 1986 1988 1990 1992
I
3




75
70
65

Table 1A

INDUSTRIAL PRODUCTION: MARKET GROUPS
Proportion
in Total IP
1991
Dec

f 1991
MayP
Dec

Not seasorlajly adjijsted
1992
Jan
Febr
Marr
Aprr -Jdayf

li®m

1987

Total Index

100.0 100.0 107.4

106.6

107.2

107.7

108.1

108.8 I 105.2

104.9

107.5

107.3

106.7

107.0

60.8
46.0

61.4 108.4
47.1 109.9

107.5
108.7

108.1
109.4

108.6
109.9

109.0
110.5

109.7
111.3

105.5
106.8

104.7
106.6

107.2
109.0

107.3
109.0

106.7
108.0

1.07.5
109.3

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

26.0
5.6
2.5
1.5
0.9
0.6
1.0
3.1
0.8
0.9
1.4
20.4
9.1
2.6
3.5
2.5
2.7
0.7
2.0

26.1
5.3
2.3
1.2
0.7
0.5
1.0
3.1
0.7
0.8
1.5
20.8
9.1
2.2
3.8
2.9
2.7
0.7
2.0

109.1
104.6
101.3
96.7
88.2
111.0
108.2
107.2
98.9
101.5
115.5
110.3
107.0
96.2
118.0
126.8
109.3
104.3
111.2

108.1
101.3
94.2
84.3
79.1
93.0
109.1
106.9
99.6
101.1
114.7
110.0
107.3
95.0
118.1
126.8
106.8
103.8
108.0

108.8
105.3
101.6
94.3
BAM
110.2
112.6
108.3
102.9
102.4
115.0
109.8
107.4
95.2
118.3
124.7
106.4
103.5
107.5

109.5
106.2
103.3
95.7
81.9
118.8
114.8
108.5
103.5
102.5
115.2
110.4
108.0
95.2
119.4
124.6
107.7
103.7
109.2

109.8
107.6
106.4
102.5
93.2
118.3
112.1
108.7
101.2
104.3
115.7
110,4
107.5
95.1
120.5
125.1
107.6
104.7
108.7

110.4
110.8
109.8
107.8
98.7
123.3
112.8
111.5
107.8
106.1
117.1
110.3
107.4
95.5
120.7
125.2
106.6
103.6
107.7

105.3
95.6
86.6
73.2
68.5
81.2
106.6
102.8
88.5
97.0
114.4
107.9
101.4
92.3
111.6
1-22.3
126.7
109.0
133.3

106.3
97.0
90.4
79.5
74.9
87.2
106.7
102.2
98.8
93.8
109.5
108.8
101.9
89.7
109.7
119.3
139.0
103.0
152.4

108.5
106.3
104.4
100.3
90.4
117.0
110.4
107.9
104.3
103.1
112.9
109.1
103.6
94.3
111.1
119.1
130.1
98.7
141.8

108.0
109.2
110.3
108.4
93.1
134.0
113.3
108.3
102.1
103.3
114.8
107.7
104.2
94.9
111.7
119.6
115.3
98.7
121.5

106.7
108.5
108.7
106.4
95.3
125.1
112.1
108.4
102.4
104.9
113.9
106.2
103.8
94.3
114.8
120.0
101.5
103.0
101.0

107.6
113.0
115.7
118.8
107.3
138.2
111.0
110.8
110.1
104.1
115.5
106.1
106.1
94.7
116.9
121.9
87.9
104.3
81.8

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

20.0
13.9
5.6
1.9
4.0
2.5
1.2
1.9
5.4
0.6
0.2

21.0
15.8
6.8
2.8
4.1
2.9
1.0
2.0
4.6
0.5
0.1

110.9
121.4
134.0
159.1
102.3
129.5
96.1
114.1
88.1
75.8
87.5

109.4
119.9
134.1
160.6
100.7
124.2
84.9
113.1
86.7
71.8
98.3

110.2
121.0
134.6
162.4
101.3
129.2
94.7
112.2
86.2
73.9
101.7

110.5
121.7
136.0
164.9
101.3
128.9
95.0
113.2
85.6
78.2
99.7

111.4
122.9
137.5
167.1
101.6
131.8
101.3
113.9
85.1
79.2
100.7

112.5
124.5
137.8
168.9
104.8
134.1
105.6
114.5
85.3
79.3
103.3

108.8
117.8
131.3
152.8
101.6
120.7
72.5
109.0
89.2
86.5
66.0

107.1
116.2
129.6
153.0
97.7
122.2
80.3
108.5
87.4
77.6
77.5

109.6
120.1
130.8
154.8
101.4
131.5
100.7
113.5
87.0
72.5
90,2

110.3
121.2
132.5
159.0
100.2
135.5
107.2
113.6
86.8
70.7
97.9

109.6
120.9
133.6
159.5
99.2
134.6
105.7
112.2
84.7
69.8
107.5

111.4
123.2
134.3
182.2
102.7
139,8
116.1
112.8
85.2
69.5
112.2

14.7
6.0
8.7

14.2 103.8
5.4 95.0
8.8 110.0

103.9
95.5
109.9

104.0
96.0
109.6

104.4
96.6
109.9

104.3
96.9
109.5

104.7
97.3
109.8

101.4
91.9
108.0

98.8
89.5
105.3

101.7
91.9
108.5

101.9
94.1
107.3

102.6
96.8
106.5

102.1
98.1
105.0

39.2

38.6 105.8

105.2

105.8

106.3

106.8

107.3

104.6

105.2

107.9

107.3

106.8

106.2

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

19.4
3.7
7.8
7.9
2.7
8.9
1.1
1.9
3.8
2.2
10.4
6,9
3.5

108.1
97.0
114.2
108.4
108.1
107.1
98.5
109.6
107.0
109.7
100.4
100.4
100.5

107.0
95.3
114.1
106.7
105.1
107.3
98.9
107.4
107.6
111.2
100.4
100.5
100.2

108.1
97.1
115.2
107.5
107.3
107.1
101.5
106.8
106.6
111.2
100.5
1.00.6
100.4

108.3
97.8
115.1
107.7
107.0
108.8
101.7
107.7
109.3
112.7
100.5
98.6
104.3

108.7
99.4
115.2
107.8
106.3
109.0
101.8
109.0
109.2
112.6
101.4
100.1
103.8

109.9
101.6
116.4
108.3
105.8
109.1
102.5
106.5
110.0
113.2
101.2
99.8
103.8

106.8
97.1
116.0
103.4
103.1
102.6
90.9
105.0
105.1
102.5
102.5
102.1
103.4

104.3
94.1
113.9
100.9
103.8
106.3
96.8
109.9
105.8
109.0
105.9
104.4
109.0

108,9
99.5
114.8
108.5
110.8
109.6
102.5
110.7
109.3
113.3
104.7
104.5
105.0

109.4
99.2
115.5
109.1
112.0
110.2'
103.7
110.0
110.2
114.0
101.3
100.9
102.1

109.5
100.6
114.6
109.6
112.1
110.3
102.3
109,3
111.1
114.3
99.1
99.7
97.7

109.7
101.6
115.3
108.8
108.0
108.8
105.2
105.6
110.1
111.4
97.6
98.1
96.7

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

97.3
95.3
97.5

97.7 107.7
96.1 108.0
96.4 106.1

107.3
107.6
105.3

107.6
107.8
105.8

108.0
108.3
106.2

108.3
108.6
106.6

108.8
109.1
107.2

106.1
106.3
104.0

105.6
105.9
103.7

107.7
108.0
106.3

107.3
107.6
106.0

106.7
107.0
105.4

106.7
106.9
105.6

Consumer goods excluding:
Autos and trucks
Energy

24.5
23.3

24.9 109.8
23.4 109.1

109.6
108.3

109.7
109.1

110.3
109.7

110.3
110.1

110.6
110.9

107.2
102.8

107.9
102.5

109.0
106.1

108.0
107.2

106.7
107.3

106.9
109.9

Business equipment excluding!
Autos and trucks
Office and computing equipment

12.6
12.0

14.7 124.1
13.0 115.3

123.4
113.3

123.6
114.3

124.4
114.7

125.2
115.8

126.5
117.3

122.5
112.2

119.9
110.3

122.1
114.5

122.6
115.1

122.5
114.7

124.0
116.9

Materials excluding**
Energy

23.4

28.3 107.8

107.1

107.8

108.5

108.8

109.6

105.5

104.9

109.2

109.6

109.8

109.4

Products, total
Filial products

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

1991

index. 1 987=100
S<
aasonali y adjust!Id
1992
r
Jan
Febr
Marr
Aprr

SPECIAL AGGREGATES




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

Item

1990 Q4
to
1991 Q4 1

Seasonally adjusted
j
annual rate
Seasonally adjusted
1991
1992 j 1992
r
Q2
Q3
Q4
Febr
Marr
Aprr MayP
Q1

Not seasonally adjusted
May 91
to
1992
r
r
r
Feb
Mar
Apr MayP May92 1

Total Index

-0.5

2.6

6.6

-0.7

-2.8

0.5

0.5

0.4

0.6

2.5

-0.2

-0.5

0.3

2.2

Products, total
Final products

-0.7
-0.2

2.5
3.2

3.8
3.0

0.4
0.8

-2.6
-3.7

0.5
0.7

0.5
0.5

0.4
0.5

0.7 |
0.8

2.4
2.2

0.1
0.0

-0.6
-0.9

0.8
1.2

1.9
1.9

2.5
5.2
8.5
13.0
3.1
29.0
2.9
2.9
10.2
0.3
1.1
1.8
4.0
2.9
2.7
2.5
2.7
2.4

6.5
24.0
41.6
77.9
10.5
274.9
9.1
12.9
23.6
10.0
9.5
2.5
I 1.0
7.2
-0.5
2.9
8.0
3.3
9.8

7.7
17.7
23.0
42.2
51.0
30.9
2.4
13.8
7.6
23.3
11.9
5,2
4.3
11.7
8.2
1.8
2.7
4.8
1.9

3.4
1.1
5.5
13.8
0.0
35.2
-4.7
-2.2
-1.4
-5.0
-0.9
4.1
1.4
6.9
3.3
10.4
5.3
-2.9
8.2

-2.8
-6.5 |
-15.0
-30.9
-31.8
-29.8
11.2
0.5
3.6
1.5
-1.6
-1.9
-0.3
-4.9
3.2
-2.7
-10.2
-0.5
-13.4

0.6
4.0
7.9
11.9
7.2
18.5
3.2
1.3
3.2
1.3
0.3
-0.2
0.1
0.2
0.1
-1.6
-0.4
-0.3
-0.4

0.6
0.9
1.7
1.5
-3.4
7.8
2.0
0.2
0.6
0.1
0.1
0.5
0.5
0.0
0.9
-0.1
1.2
0.2
1.6

0.3
1.3
2.9
7.2
13.7
-0.4
-2.4
0.1
-2.3
1.8
0.4
0.0
-0.4
-0.1
1.0
0.4
-0.1
1.0
-0.5

0.6 i
2.9 i
3.3
5.2
5.9
4.2
0.6
2.6
6.6
1.7
1.2
-0.1
-0.1
0.4
0.1
0.1
-0.9
-1.1
-0.9

2.1
9.6
15.5
26.2
20.7
34.2
3.5
5.5
5.6
9.9
3.2
0.3
1.6
5.1
1.3
-0.2
-6.4
-4.2
-7.0

-0.5
2.7
5.7
8.0
3.0
14.5
2.6
0.4
-2.0
0.2
1.7
-1.3
0.6
0.6
0.5
0.4
-11.3
0.0
-14.3

-1.2
0.8
-0.6
4.1
-1.5
6.5
-1.8
11.7
2.4
12.6
-6.6
10.5
-1.1
-0.9
0.1
2.2
7.5
0.2
1.6 -0.8
-0.8
1.4
-1.4 -0.1
-0.5
2.3
-0.6
0.4
2.7
1.9
0.3
1.6
-12.0 -13.5
4.4
1.3
-16.9 -19.0

3.6
9.6
12.8
20.8
20.5
21.4
3.0
7.1
11.4
9.5
3.8
2.1
1.1
3.8
6.0
2.8
-2.2
0.0
-3.0

-3.4
-1.1
3.3
4.2
-8.7
1.5
10.6
-3.3
-8.0
-28.2
0.4

-0.7
2.8
1.3
-1.9
-2.8
15.4
66.6
2.6
-10.8
-15.1
39.6

-2.5
1.1
-2.5
-5.3
-2.3
14.0
32.1
2.9
-6.4
-46.4
3.9

-2.4
-0.5
7.7
10.5
-14.6
2.5
17.5
-1.7
-4.1
-40.0
-3.4

-4.7
-3.2
5.8
13.2
-12.2
-10.5
-23.6
-3.4
-10.9
-17.6
74.5

0.7
0.9
0.4
1.2
0.5
4.1
11.6
-0.8
-0.5
2.9
3.4

0.3
0.5
1.1
1.5
0.0
-0.3
0.2
0.9
-0.7
3.0
-1.9

0.8
1.1
1.1
1.4
0.3
2.3
6.7
0.6
-0.6
4.0
1.0

1.0
1.2
0.2
1.1
3.1
1.7
4.2
0.5
0.2
0.1
2.6

2.4
3.3
0.9
1.2
3.8
7.6
25.4
4.6
-0.5
-6.6
16.4

0.6
0.9
1.3
2.7
-1.1
3.0
6.5
0.1
-0.4
-2.5
8.5

-0.6
-0.2
0.8
0.3
-1.1
-0.7
-1,4
-1.3
-2.3
-1.3
9.8

1.6 -0.2
1.9
2.3
0,5
4.6
1.7
8.6
3.5 -4.1
3.9
6.5
9.8 20.1
0.6
1.4
0.6 -6.7
-0.4 -21.7
4.3 19.3

-2.3
-6.4
0.3

0.2
-0.1
0.4

6.4
2.9
8.6

-1.2
-5.2
1.4

0.9
2.5
-0.1

0.1
0.6
-0.2

0.4
0.6
0.3

-0.1
0.3
-0.4

0.3
0.4
0.3

2.9
2.6
3.0

0.2
2.5
-1.1

0.7
2.9
-0.7

-0.4
1.3
-1.5

1.9
1.6
2.1

-0.2

2.7

11.2

-2.4

-3.1

0.5

0.5

0.5

0.5

2.6

-0.5

-0.5

-0.6

2.6

-1.5
1.2
-3.2
-1.0
-3.1
2.3
5.5
1.8
2.6
0.9
0.0
0.0
-0.2

2.6
20.2
-4.4
2.4
-0.1
0.6
26.1
-2.7
-3.4
-0.2
4.6
2.0
9.9

11.7
25.8
-1.6
19.4
25.2
17.0
19.0
26.0
17.9
7.5
5.5
11.1
-4.6

-1.3
-8.4
-0.2
-1.2
-5.4
0.2
-8.0
1.6
1.8
-2.1
-6.7
-12.5
5.8

-2.6
-11.5
3.5
-3.8
-5.4
-1.5
2.6
-9.7
-2.1
5.1
-5.4
-5.7
-5.0

1.0
1.9
0.9
0.8
2.1
-0.2
2.6
-0.5
-0.9
0.0
0.1
0.1
0.2

0.2
0.7
0.0
0.2
-0.3
1.6
0.2
0.8
2.5
1.4
0.0
-2.0
3.9

0.4
1.7
0.1
0.1
-0.7
0.2
0.1
1.2
-0.1
-0.1
0.8
1.5
-0.5

1.1
2.2
1.0
0.5
-0.5
0.0
0.7
-2.3
0.7
0.5
-0.2
-0.3
0.0

4.4
5.7
0.8
7.6
6.7
3.2
5.9
0.7
3.2
3.9
-1.2
0.1
-3.7

0.4
-0.3
0.6
0.5
1.1
0.5
1.2
-0.6
0.8
0.6
-3.2
-3.4
-2.7

0.2
1.5
-0.8
0.4
0.1
0.1
-1.3
-0.6
0.9
0.3
-2.2
-1.1
-4.3

0.2
0.9
0.7
-0.7
-3.6
-1.4
2.9
-3.4
-0.9
-2.6
-1.5
-1.7
-1.0

3.5
6.3
1.4
4.4
2.7
5.1
5.9
4.9
5.9
3.7
-1.2
-1.3
-0.9

-0.8
-0.9
-0.7

1.4
1.1
2.7

5.9
5.6
7.0

-1.1
-0.9
-1.1

-2.1
-2.0
-3.4

0.3
0.2
0.5

0.4
0.5
0.4

0.2
0.2
0.4

0.5
0.4
0.6

2.0
2.0
2.5

-0.4
-0.4
-0.3

-0.5
-0.5
-0.6

0.0
-0.1
0.2

1.8
1.7
1.9

2.0
2.5

4.0
6.3

6.1
8.3

2.9
3.2

-1.1
-2.0

0.1
0.8

0.6
0.5

0.0
0.4

0.3
0.7

1.1
3.5

-0.9
1.1

-1.2
0.1

0.2
2.4

2.7
4.3

Business equipment excluding:
Autos and trucks
Office and computing equipment

-2.0
-2.2

-0.6
3.8

-0.8
2.1

-1.8
-2.7

-1.9
-6.5

0.2
0.9

0.6
0.3

0.6
1.0

1.0 i
1.3

1.8
3.8

0.5
0.5

-0.1
-0.3

1.3
2.0

0.9
0.9

Materials excluding:
Energy

-0.3'

2.0

13.3

-0.8

-2.2

0.7

0.6

0,3

0.7

4.0

0.4

0.1

-0.3

4.0

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durablegoods
Appliances, TVs, and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
i
Foods and tobacco
Clothing
I
Chemical products
Paper products
Energy products
Fuels
Utilities
Equipment, total
Business equipment
Information processing & related
Office and computing
Industrial
Transit
Autos and trucks
Other
Defense and space equipment
Oil and gas well drilling
Manufactured homes
Intermediate products
Construction supplies
Business supplies
Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

0.3

SPECIAL AGGREGATES
Total excluding:
Autos and trucks
Motor vehicles and parts
Office and computing machines
Consumer goods excluding:
Autos and trucks
Energy

\

1. Based on seasonally adjusted data,




5

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Proportion I
in Total IP |
SIC 1987

Item

1991

1991
Dec

Index. 1987=100
No t seasonally adjusted
Seasonallyf adjusted
1992
1991
1992
r
r
Jan
Feb
Mar _ A p i L _ MayP
Dec
Jan
Febr
Marr
Aprr

MayP

Total Index

100.0 100.0 107.4

106.6

107.2

107.7

108.1

108.8

105.2

104.9

107.5

107.3

106.7

107.0

Manufacturing

84.4

84.7 108.1

107.4

108.1

108.6

109.0

109.8

104.6

103.5

106.9

107.7

107.9

109.1

26.7
57.7

25.5 103.5
59.2 110.3

103.6
109.2

103.9
110.0

104.7
110.4

105.1
110.9

105.6
99.7
111.81 106.9

100.1
105.0

104.4
108.1

105.2
108.8

106.3
108.7

105.9
110.5

24
25
32

47.3
2.0
1.4
2.5

47.3 107.1
1.8 95.2
1.3 100.6
2.2 93.0

105.8
97.4
98.7
92.8

107.0
98.8
98.1
94.6

107.1
99.1
99.0
94.9

107.7
99.1
101.0
95.3

109.1
99.0
102.4
96.6

104.4
89.4
98.1
90.0

103.1
91.5
95.8
88.2

106.8
96.2
101.2
90.0

107.7
97.7
99.0
92.6

107.5
99.3
98.8
95.6

108.8
100.5
98.5
96.9

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

3.3
1.9
0.1
1.4
5.4
8.6
2.5
8.6

3.1
1.8
0.1 I
1.3
5.0
9.9
3.6
8.9

101.3
101.7
97.6
100.8
101.2
121.9
159.1
110.6

102.5
105.0
103.3
98.9
99.7
121.4
160.5
110.0

102.7
103.7
102.7
101.2
100.5
121.9
162.4
110.7

103.2
105.4
98.8
100.1
99.9
123.1
164.9
110.7

102.1
103.5
99.9
100.2
100.4
124.0
167.1
111.0

102.2
102.9
98.7
101.3
101.8
126.6
169.0
112.3

95.1
94.0
94.5
96.6
101.1
118.5
152.8
111.6

100.7
102.8
100.6
97.9
96.3
116.6
153.0
109.3

106.0
107.2
104.1
104.3
100.8
120.5
154.8
109.7

107.5
108.8
105.6
105.6
100„3
121.7
159.0
110.0

109.9
114.9
106.9
102.7
99.9
121.0
159.5
109.7

105.1
106.8
104.0
102.8
100.8
123.5
162.2
111.0

37
371
372-6,9
38
39

9.8
4.7
2.3
5.1
3.3
1.2

9.0 98.0
3.9 94.6
2.0 95.5
5.1 101.2
3.6 119.0
1.4 121.0

93.8
87.1
83.5
99.8
118.3
121.2

96.8
93.8
92.9
99.6
118.6
120.0

96.5
94.2
93.7
98.6
118.6
120.3

97.9
98.7
101.1
97.2
119.0
119.5

99.7
102.4
106.5
97.2
118.9
119.9

93.7
82.0
72.5
104.3
117.4
115.1

93.0
84.6
78.8
100.7
114.4
113.0

98.7
97.1
98.9
100.0
116.5
120.6

100.6
101.8
106.1
99.5
116.5
119.4

99.1
101.1
104.8
97.4
116.9
117.1

102.7
108.7
117.1
97.2
116.9
117.2

20
21
22
23
26

37.2
8.8
1.0
1.8
2.4
3.6

109.5
109.6
94.7
102.5
99.0
107.0

109.5
109.2
98.8
103.1
97.5
107.1

109.6
109.6
99.4
104.7
97.7
104.6

110.3
110.2
101.6
105.2
97.9
105.6

110.7
109.9
99.2
105.4
97.9
106.7

110.8
109.8
98.4
106.0
98.4
105.7

104.9
107.0
74.5
93.8
98.6
100.9

104.0
103.9
95.7
94.9
94.8
108.1

107.0
104.9
105.2
103.3
96.8
107.7

107.7
105.7
106.2
105.5
97.4
108.1

108.6
105.8
97.3
106.5
96.4
107.9

109.4
108.5
95.5
108.3
97.4
104.4

27
28
29
30
31

6.4
8.6
1.3
3.0
0.3

6.7 114.5
8.9 112.6
1.3 108.6
3.1 113.0
0.2 83.2

114.8
112.7
106.6
113.2
83.0

114.4
113.4
106.9
114.0
81.4

114.1
114.6
109.0
115.5
82.4

114.4
115.2
109.8
117.1
83.1

114.5
115.7
110.6
117.5
82.5

109.7
108.5
108.4
106.8
78.1

104.3
108.5
100.0
105.9
80.2

106.9
111.2
98.3
117.5
84.6

107.3
112.1
100.4
117.3
84.3

109.4
114.4
106.0
117.3
82.8

110.8
114.5
112.3
117.1
82.9

10
11,12
13
14

7.9
0.3
1.2
5.7
0.7

7.5 98.8
0.4 154.0
1.2 107.6
5.1 93.0
0.7 106.4

97.8
144.2
107.3
92.4
104.8

98.4
152.9
107.9
92.7
103.5

97.9
152.3
103.0
92.7
107.4

99.1
152.4
104.0
94.3
106.1

98.8
149.8
107.0
93.4
105.7

100.0
147.4
102.3
96.2
106.1

99.3
141.0
104.7
96.4
94.4

100.5
157.9
112.2
95.7
93.3

98.8
154.5
106.5
93.9
99.9

98.6
156.6
102.9
93.6
106.3

97.2
152.9
104.4
91.3
107.8

491,3pt
492,3pt

7.6
6.0
1.6

7.8 107.9
6.3 109.9
1.5 100.5

106.8
109.3
97.5

106.4
109.0
96.9

108.1
110.7
98.6

107.7
110.3
98.2

107.3
109.8
98.2

117.2
110.6
141.4

126.2
115.3
166.7

121.2
113.7
149.3

111.7
105.6
134.3

101.9
102.0
101.8

94.0
99.8
72.9

79.8
82.0

80.8 108.9
81.2 106.6

108.6
105.8

108.9
106.5

109.4
106.9

109.6
107.3

110.2
108.0

106.0
103.2

104.6
102.0

107.5
105.5

108.0
106.2

108.3
106.4

109.1
107.5

9.3
5.6
3.7
3.5
0.3

8.2
5.0
3.1
2.9
0.2

9.1
5.4
3.7
3.5
0.2

9.1
5.2
3.9
3.7
0.2

9.8
5.9
3.9
3.7
0.2

10.2
6.2
4.1
3.8
0.2

7.2
4.4
2.8
2.6
0.2

8.2
5.0
3.1
2.9
0.2

8.9
5.3
3.6
3.4
0.2

10.5
6.0
4.5
4.3
0.2

10.3
6.1
4.2
4.0
0.2

10.9
6.5
4.4
4.2
0.2

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

Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metalmining
Coal
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

37.5
8.9
1.0
1.7
2.1
3.5

SPECIAL AQGREGATES
Manufacturing excluding:
Motor vehicles and parts
Office and computing machines
Memo: Motor vehicle assemblies1
Total
Autos
Trucks
Light
Heavy and medium

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




6

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

item

1990 0 4
to
SIC 1991 Q4 1

.

Seasonally adjusted
annual rate
1991
1992
Q2
Q3
Q4
Q1r

Seasonally adjusted
1992
Febr
Aprr MayP
MarT

Not seasonally adjusted
May 91
to
1992
r
r
r
Feb
Mar
Apr MayP May92 1

TotaS 3nd®x

-0.5

2.6

6.6

-0.7

-2.8

0.5

0.5

0.4

0.6

2.5

-0.2

-0.5

0.3

2.2

Manufacturing

-0.4

2.2

7.2

0.2

-2.0

0.6

0.4

0.4

0,7

3.3

0.7

0.2

1.0

3.0

-0.6
-0.3

0.7
2.9

13.7
4.6

0.1
0.2

-0.1
-2.8

0.3
0.8

0.7
0.3

0.4
0.4

0.4
0.8

4.3
2.9

0.8
0.7

1.0
-0.1

-0.4
1.7

4.8
2.3

24
25
32

-2.1
-0.6
-2.5
-9.3

2.1
7.4
10.0
-8.4

5.5
4.8
9.4
2.1

-1.5
0.2
-2.6
-7.5

-3.8
14.6
-6.8
3.2

1.1
1.4
-0.6
1.9

0.2
0.3
1.0
0.3

0.5
0.0
1.9
0.4

1.2
-0.1
1.4
1.3

3.6
5.2
5.7
2.1

0.8
1.6
-2.2
2.9

-0.2
1.6
-0.2
3.2

1.2
1.2
-0.3
1.4

2.2
7.1
4.0
1.6

33
Primary metals
Iron and steel
331,2
Raw steel
Nonferrous
333-6,9
Fabricated metal products
34
Nonelectrical machinery
35
Office & computing machines 357
Electrical machinery
38

-4.5
-6.2
-7.7
-1.9
-2.4
-2.9
4.1
0.4

-7.9
-13.8
-23.2
0.5
-2.2
-2.8
-1.9
9.5

28.0
36.3
55.6
17.6
10.1
-0.1
-3.3
2.1

1.7
12.2
-10.0
-11.2
1.0
-2.3
10.5
-2.9

1.2
5.9
9.5
-5.2
-6.2
-2.0
13.3
0.2

0.2
-1.2
-0.6
2.3
0.7
0.5
1.2
0.7

0.5
1.6
-3.8
-1.1
-0.5
0.9
1.5
0.0

-1.0
-1.8
1.1
0.1
0.5
0.7
1.3
0.3

0.1
-0.6
-1.3
1.1
1.4
2.1
1.1
1.1

5.2
4.3
3.5
6.6
4.7
3.4
1.2
0.4

1.4
1.5
14
1.2
-0.5
1.0
2.7
0.2

2.2
5.7
1.3
-2.8
-0.4
-0.6
0.3
-0.3

-4.3
-7.1
-2.7
0.1
0.9
2.1
1.7
1.2

5.5
9.5
11.0
0.3
2.7
2.5
8.6
1.5

37
Transportation equipment
Motor vehicles and parts
371
Autos and light trucks
Aerospace and misc.
372-6,9
instruments
38
Miscellaneous
39

-1.9
8.5
11.5
-9.3
0.7
-0.2

9.9
50.7
66.1
-12.1
-2.8
12.2

10.4
32,1
43.3
-4.2
-2.9
12.1

-3.0
4.4
11.8
-8.8
5.0
-4.4

-16.3
-20.0
-31.0
-13.0
-0.4
-0.8

3.3
7.8
11.2
-0.2
0.2
-1.0

-0.4
0.4
0.8
-1.0
0.0
0.3

1.5
4.7
8.0
-1.3
0.3
-0.7

1.8
3.8
5.3
0.0
-0.1
0.3

6.0
14.9
25.4
-0.7
1.9
6.8

2.0
4.8
7.3
-0.5
0.0
-1.0

-1.4
-0.7
-1.3
-2.1
04
-1.9

3.6
7.6
11.8
-0.2
-0.1
0.1

1.6
14.1
20.8
-8.1
0.6
1.0

20
21
22
23
26

1.8
0.5
-1.1
6.0
3.1
1.5

2.2
0.9
-3.4
22.0
9.2
0.3

9.5
3.1
18.3
20.1
14.1
20.5

2.3
3.2
-16.7
0.2
3.2
-0.7

0.2
-0.1
7.3
0.8
-4.5
-5.9

0.1
0.4
0.6
1.6
0.2
-2.4

0.7
0.5
2.2
0.5
0.2
1.0

0.3
-0.3
-2.4
0.2
0.1
1.0

0.1
-0.1
-0.8
0.6
0.5
-0.9

2.9
1.0
9.9
8.8
2.1
-0.4

0.7
0.7
1.0
2.1
0.7
0.3

0.8
0.1
-8.5
1.0
-1.0
-0.2

0.8
2.5
-1.8
1.7
1.0
-3.2

4.1
1.9
-0.3
6.3
3.3
4.3

27
28
29
30
31

1.5
2.6
-0.2
3.6
-9.5

-1.1
0.6
1.0
9.0
-2.3

6.2
10.9
1.7
13.0
-9.1

6.8
3.2
-3.4
2.9
-17.8

0.2
1.9
1.5
4.7
-7.0

-0.4
0.6
0.3
0.7
-1.9

-£.3
1.1
1.9
1.2
1.2

0.3
0.5
0.7
1.4
0.8

0.1
0.4
0.7
0.3
-0.7

2.5
2.5
-1.7
11.0
5.5

0.4
0.8
2.1
-0.2
-0.4

1.9
2.0
5.6
0.0
-1.8

1.3
0.1
5.9
-0.2
0.0

3.5
5.9
2.8
7.6
-7.8

10
11,12
13
14

S.3
-2.2
-4.2
-2.3
-9.2

-3.8
11.3
-13.4
-0.2
-19.8

3.0
10.0
23.7
-1.9
1.5

-8.0
-8.0
-14.5
-6.7
-4.9

-6.5
-2.3
-6.9
-7.3
-3.0

0.5
6.1
0.5
0.3
-1.2

-0.5
-0.4
—4.5
0.0
3.8

1.2
0.1
1.0
1.7
-1.2

-0.3
-1.7
2.9
-0.9
-0.4

1.2
12.0
7.2
-0.8
-1.2

-1.7
-2.2
-5.1
-1.8
7.0

-0.2
1.4
-3.4
-0.4
6.5

-1.4
-2.4
1.4
-2.4
1.4

-1.4
1.2
3.5
-2.7
-1.7

491,3pt
492,3pt

1.0
0.3
3.9

13.5
20.1
-11.7

2.9
2.7
4.1

-3.6
-12.0
43.2

-8.1
-6.7
-13.7

-0.4
-0,3
-0.6

1.6
1.6
1.7

-0.4
-0.4
-0.4

-0.4
-0.5
0.0

-4.0
-1.4
-10.4

-7.9
-7.1
-10.0

-7.7
-8.8
-3.5
-2.2
-24.2 - 2 8 4

-3.7
-5.7
5.8

-0.8
-0.6

0.4
2.3

6.1
7.7

0.0
-0.2

-1.0
-2.6

0.3
0.6

0.4
0.4

0.2
0.4

0.5
0.7

2.7
3.4

0.5
0.7

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

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

utiiniM
Electric
Gas

8PBCIAl,AGQReQATe8
manufacturing excluding:
Motor vehicles and parts
Office and computing machines
1. Based on seasonally adjusted data




/

0.3
0.2

0.7
1.0

2.5
2.8

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

1991
SIC Proportion

19671991 1973
Ave.
High

1975
Low

19781980
1982
High
Low

1938
1989
High

1991
May

1991
Dec

1992
Jan

Feb^

Mar'

Apr*"

MayP

Total industry

100.0

82.1

89.2

72.6

87.3

71.8

85.0

79.1

78.7

78.0

78.3

78.5

78.7

79.0

Manufacturing

86.0

81.4

83.9

70.8

87.3

70.0

85.1

77.8

77.7

77.0

77.4

77.5

77.7

78.1

Primary processing
Advanced processing

25.3
60.7

82.3
81.0

92.2
87.5

68.9
72.0

89.7
86.3

66.8
71.4

89.0
83.6

79.0
77.3

80.2
76.6

80.2
75.7

80.4
76.1

80.9
76.2

81.1
76.3

81.4
76.8

Durable
Lumber and products
24
Furniture and fixtures
25
Stone, clay, and glass products 32

49.5
1.9
1.4
2.4

79.4
82.4
82.5
78.2

88.8
90.1
96.8
89.2

68.5
62.2
64.3
67.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
91.2
88.3
86.4

75.7
73.9
77.0
72.8

74.8
75.7
77.7
70.9

73.8
77.4
76.1
70.7

74.5
78.5
75.6
72.1

74.4
78.7
76.2
72.3

74.7
78.6
77.6
72.6

75.5
78.5
78.6
73.6

33
331,2
338-6,9
3331
3334

3.2
1.9
0.1
1.2
0.0
0.1

79.9
79.3
78.8
81.2
72.0
89.2

100.6
105.8
102.7
92.9
92,1
95.7

66.2
66.6
66.0
61.3
55.0
73.3

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

91.6
92.0
94.1
95.0
97.9
103.5

75.3
70.4
67.1
83.1
72.2
100.8

78.3
75.5
73.0
82.6
83.1
98.4

79.2
78.1
77.4
81.0
77.5
97.1

79.5
77.4
77.2
82.9
80.1
96.6

80.1
78.9
74.6
82.0
84.7
96.3

79.4
77.8
75.7
82.0
74.7
96.0

79.7
77.5
75.0
32.9

34
35
36

5.3
10.2
9.2

77.B
81.2
80.3

87.8
96.4
87.8

65.9
74.5
63.8

83.9
92.1
89.4

62.9
64.9
71.1

85.1
83.5
83.1

74.8
77.4
76.8

75.8
74.7
75.2

74.6
74.1
74.6

75.1
74.2
74.8

74.7
74.7
74.6

74.9
75.0
74.7

75.9
76.3
75.3

37
Transportation equipment
Motor vehicles and parts
371
1
Autos and light trucks
Aerospace and misc.
372-6,9
Instruments
38
Miscellaneous
39

9.9
4.6
2.4
5.3
3.8
1.3

75.2
76.2

83.8
93.4

58.2
51.1

75.7
82.6
7B.B

77.0
39.9
82.9

66.6
75.2
65.4

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.6
85.5
83.6
86.2
83.9
85.5

72.1
66.9
63.5
76.7
76.5
82.7

71.1
69.6
67.6
72.3
75.1
32.8

67.8
64.0
59.0
71.2
74.4
82.8

70.0
68.9
65.5
70.9
74.3
81.8

69.6
69.1
65.8
70.1
74.0
81.9

70.6
72.3
70.9
69.1
74.0
81.1

71.8
74.9
74.5
69.0
73.7
81.2

36.5
8.8
1.6
2.3
3.1
1.4
6.5

83.6
82.3
86.0
81.1
i 89.3
I 92.2
86.9

87.9
86.0
92.0
84.2
96.9
97.1
89.7

71.8
78.1
60.4
61.9
69.0
70.0
75.2

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.7
83.0
91.2
84.2
95.8
97.7
90.4

80.7
79.7
84.3
73.5
86.5
87.2
81.2

81.6
79.9
86.5
75.9
90.0
93.1
81.9

81.4
79.5
86.9
74.7
89.9
90.8
81.9

81.3
79.6
88.2
74.7
87.6
89.5
81.3

81.7
79.9
88.5
74.8
88.3
90.4
30.3

81.8
79.5
88.5
74.7
89.1
91.5
80.7

81.7
79.3
88.9
75.0
88.1

9.0
0.8
0.3
1.2
3.0
0.3

79.8
85.8
84.0
85.4
83.9
82.1

87.9
102.0
93.8
96.7
94.0
81.3

69.9
50.6
51.7
81.1
58.8
67.7

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

86.8
93.9
94.5
90.3
90.4
88.4

78.2
84.5
79.3
88.6
82.1
76.6

78.9
82.5
81.6
89.5
83.3
71.4

78.7
83.1
78.9
87.8
83.2
71.3

79.1
83.0
78.5
88.1
83.6
70.0

79.8
85.0
83.4
89.7
84.4
70.9

80.0

80.2

83.1
90.4
85.3
71.6

91.0
85.4
71.1

6.7
87.4
0,5
77.1
1.1
87.4
4.4 [ 88.1
0.6
73.3
0.7
84.7

94.4
90.3
90.8
96.6
93.0
93.7

88.4
74.4
82.5
91.9
95.3
73.3

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.2
87.2
94.4
86.6
58.8
94.3

87.6
75.3
81.8
91.7
67.0
79.1

86.2
77.0
83.5
89.4
51.2
76.2

85.3
71.9
83.0
88.9
48.7
74.8

85.7
76.2
83.3
89.3
50.5
73.8

85.3
75.7
79.4
89.4
52.4
76.4

86.4
75.7
80.0
91.0
54.9
75.3

86.1
74.3
82.1
90.2
55.4
74.9

86.7
89.1
81.9

95.6
99.0
93.2

82.5
82.7
81.0

88.3
88.3
93.6

76.2
78.7
70.8

92.3
96.2
80.3

86.7
93.7
64.5

83.4
87.7
69.8

82.6
87.1
67.7

82.2
86.8
67.3

83.4
88.0
68.5

83.1
87.6
68.2

82.7
87.1
68.2

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Nonelectrical machinery
Electrical machinery

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

20
22
23
26
261-3
27

Chemicals and products
28 I
Plastics materials
2821
Synthetic fibers
2823,4
Petroleum products
29
Rubber and plastics products
30
Leather and products
31
Mining
Metalmining
Coal
Oil and gas extraction
Oil ancTgas well drilling
Stone and earth minerals
UtllMM
Electric
Gas

1
10
11,12
13
138
14
'
491,3pt I
492,3pt I

7.3
5.5

1.7

96.6

80.4

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES

item

SIC

Percent change
Annual rate
December to December
1967- 1967- 19751991 1975 1991
Ave. Ave. Ave. 1987 1988 1989 1990 1991

Capacity indexes
Percent of 1987 output
1991
May

1991
Dec

1992
Jan

Feb

Mar

Apr

May

Total Industry

3.0

3.7

2.6

2.0

2.2

2.4

2.5

2.6

134.5

136.5

136.7

137.0

137.2

137.5

137.7

Manufacturing

3.4

3.9

3.2

2.6

2.3

2.9

2.9

2.9

136.9

139.2

139.5

139.7

140.0

140.3

140.6

Primary processing
Advanced processing

2.3
4.0

4.0
3.9

1.3
4.1

1.0
3.3

2.0
3.2

2.4
3.2

2.2
3.3

2.1
3.2

127.5
141.3

129.0
143.9

129.2
144.2

129.3
144.6

129.4
144.9

129.5
145.3

129.6
145.6

Durable
Lumber and products
24
Furniture and fixtures
25
Stone, clay, and glass products 32

3.6
2.2
3.3
1.5

3.7
2.9
4.5
2.5

3.6
1.8
2.5
1.0

2.6
4.6
3.4
1.0

2.6
4.1
2.5
0.9

2.7
2.8
2.7
1.3

2.8
1.8
2.2
0.9

2.8
0.8
2.0
0.9

140.9
125.2
127.9
130.5

143.1
125.8
129.4
131.2

143.4
125.8
129.6
131.2

143.7
125.9
129.8
131.3

143.9
126.0
130.0
131.3

144.2
126.0
130.1
131.3

144.4
126.1
130.3
181.3

33
331,2
333-6,9
3331
3334

0.0
-0.8
-1.0
1.5
0.0
1.4

1.7
0.7
0.3
3.6
1.8
5.2

-0.9
-1.7
-1.6
0.3
-1.0
-0.6

-3.5
-5.9
-5.9
0.4
-1.1
0.2

0.9
1.3
1.3
0.2
5.0
1.0

1.5
2.1
1.8
0.5
6.3
0.3

0.8
0.7
1.0
0.8
1.0
1.0

1.1
1.5
1.5
0.6
0.4
0.9

128.6
133.5
132.4
121.5
146.7
121.7

129.4
134.7
133.6
122.0
147.1
122.5

129.4
134.6
133.5
122.0
147.1
122.5

129.1
134.1
133.0
122.1
147.2
122.6

128.8
133.6
132.5
122.1
147.3
122.6

128.6
133.1
132.0
122.1
147.3
122.7

128.3
132.7
131.6
122.2
147.4
122.8

34
35
36

1.8
6.6
5.3

3.1
4.7
6.1

1.1

?.e

0.2
4.0
3.3

0.4
3.5
3.7

1.5
3.6
3.8

1.5
4.2
3.9

1.2
4.1
3.7

132.6
159.5
144.0

133.5
163.3
147.0

133.7
163.8
147.5

133.8
164.3
147.9

133.9
164.8
148.3

134.0
165.4
148.7

134.1
165.9
149.1

Transportation equipment
37
Motor vehicles and parts
371
1
Autos and light trucks
Aerospace and misc.
372-6,9
Instruments
38
Miscellaneous
39

2.6
2.8

3.0
4.5

2.4
1.9

2.3
6.1
2.3

1.3
7.6
4.4

2.9
5.3
1.1

3.1
3.7
6.0
2.5
6.0
1.5

2.2
1.5
1.4
2.9
5.4
1.9

1.6
0.0
-1.5
3.1
5.1
2.2

1.8
0.8
-0.9
2.7
4.8
2.5

2.4
2.1
2.7
2.6
4.5
2.9

136.1
134.2
138.9
137.9
154.5
143.6

138.0
135.8
141.2
139.9
158.5
146.0

138.2
136.0
141.5
140.2
159.1
146.4

138.4
136.2
141.9
140.4
159.6
146.7

138.6
136.4
142.2
140.6
160.2
147.0

138.8
136.5
142.6
140.7
160.8
147.4

138.9
136.7
143.0
140.9
161.3
147.7

20
22
23
26
261-3
27

3.2
2.8
2.1
1.8
2.7
2.5
3.9

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.5
2.7
1.0
1.5
2.1
2.2
4.4

2.6
2.2
2.2
1.7
2.1
3.2
5.2

3.1
2.5
1.7
2.4
2.5
3.6
5.7

3.3
2.7
2.0
2.3
2.0
2.4
5.6

3.2
2.7
1.2
1.8
2.1
2.2
5.4

3.0
2.5
1.2
1.2
2.6
3.4
4.6

131.9
135.2
117.7
129.6
117.1
116.5
136.2

134.2
137.2
118.5
130.4
118.9
118.8
139.7

134.5
137.4
118.6
130.6
119.2
119.1
140.3

134.8
137.7
118.8
130.7
119.3
119.3
140.8

135.0
138.0
118.9
130.9
119.5
119.6
141.3

135.3
138.3
119.1
131.0
119.7
119.8
141.8

135.6
138.5
119.2
131.2
119.9
120.0
142.3

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

4.0
7.8
4.1
1.9
5.8
-3.1

6.8
12.7
9.7
4.2
8.6
-1.5

2.5
5.2
1.0
0.6
4.2
-4.1

2.4
5.7
1.7
2.5
3.2
-5.8

3.3
9.8
2.9
-1.2
4.9
-4.6

4.0
8.9
1.0
0.7
4.4
-3.3

3.8
7.3
0.1
0.3
4.1
-1.0

3.8
10.2
0.0
0.0
3.5
-0.4

139.7
139.2
112.9
121.4
133.0
116.8

142.8
147.2
112.9
121.4
135.7
116.5

143.1
148.1
112.9
121.4
136.1
116.4

143.4
148.7
112.9
121.4
136.4
116.3

143.7
149.3
112.8
121.5
136.8
116.2

144.0
149.9
112.7
121.5
137.2
116.1

144.3
150.5
112.7
121.5
137.6
116.0

0.1
10 I
1.7
11,12
2.7
13
-0.6
138
1.2
14
1.6

-0.1
0.7
2.5
-1.0
0.8
2.6

0.3
2.2
2.8
-0.3
1.5
1.1

-3.6 -3.8
2.9 14.3
1.8
1.7
-5.6 -6.8
-16.4 -25.5
1.5
2.3

-1.9
10.7
1.6
-4.5
-9.1
5.0

-1.9
6.9
3.0
-4.7
-9.9
5.0

0.8
3.4
3.0
-0.6
-3.6
4.8

114.3
196.4
126.7
104.6
151.1
135.9

114.7
200.2
128.9
104.0
148.2
139.6

114.7
200.6
129.2
103.9
147.5
140.1

114.7
200.8
129.5
103.8
146.4
140.3

114.7
201.1
129.8
103.7
145.3
140.6

114.7
201.4
130.0
103.6
144.2
140.9

114.7
201.7
130.3
103.5
143.1
141.2

3.1
4.3
0.3

6.0
7.8
2.3

1.5
2.3
-0.8

0.7
0.9
0.1

1.6
2.2
0.0

1.1
1.5
0.0

128.4
124.3
144.0

129.3
125.3
144.0

129.4
125.4
144.0

129.5
125.6
144.0

129.6
125.7
144.0

129.7
125.8
144.0

129.8
126.0
144.0

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Nonelectrical machinery
Electrical machinery

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

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

491,3pt
492,3pt

4.8

1.5
2.3
-0.7

2.2
2.2
2.0

1. Series begins in 1977.




9

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

Feb

Mar

Apr

May

Juri

Jul

Aug

Sep

Oct

Nov

Dec

65.6
71.8
73.0
66.3
69.9

66.0
72.8
72.7
65.3
71.1

66.5
72.8
73.0
64.1
70.9

67.6
73.0
72.9
64.7
71.2

67.5
73.4
78.8
64.5
72.0

67.7
73.9
74.0
65.3
72.1

67.6
74.4
73.6
65.7
72.5

68.5
74.3
73.4
66.9
72.9

69.2
74.9
73.7
87.6
73.1

70.2
75.2
73.2
67.9
73.4

71.1
75.2
71.1
68.6
74.6

75.5
78.8
85.1
85.9
85.2
82.4
80.8
91.0
93.1
96.1

75.9
79.0
85.8
86.2
85.4
84.2
80.7
90.9
93.8
95.5

76.6
80.0
86.1
86.2
85.7
83.7
81.3
91.9
94.1
94.6

77.7
82.0
85.2
84.5
85.0
83.2
82.3
92.4
94.5
94.8

78.3
82.3
86.2
82.5
85.6
82.7
83.2
93.0
94.7
94.8

78.9
83.1
86.1
81.5
86.1
82.4
83.7
93.5
94.4
94.4

78.9
83.3
85.6
81.2
87.1
82.0
85.3
93.9
94.1
94.8

79.0
83.6
85.3
82.4
86.9
81.6
88.5
94.0
94,5
95.0

79.4
84.1
85.5
83.5
86.5
81.0
87.9
93.9
95.0
95.1

79.4
84.5
86.0
84.0
85.8
80.3
88.6
93.2
94.2
95.6

79.5
85.2
85.7
85.5
84.8
80.0
88.8
93.3
94.6
96.2

1987
1988
1989
1990
1991
1992

96.5
| 103.5
107.7
107.5
106.6
106.6

97.6
103.5
107.6
108.5
105.7
107.2

98.2
103.9
107.7
108.9
105.0
107.7

98.3
104.3
108.6
108.8
105.5
108.1

99.2
104.8
108.3
109.4
100.4
108.8

100.1
105.0
108.4
110.1
107.3

100.8
106.1
107.8
110.4
108.1

101.0
106.4
108.2
110.5
108.0

100.9
106.2
108,2
110.6
108.4

102.3
106.5
107.7
109.9
108.4

102,2
108.9
108.1
108.3
108.1

Capacity
1972
1973
1974
1975
1976

79.8
82.3
85.0
87.9
90.2

80.0
82.5
85.2
88.1
90.4

80.2
82.7
85.5
88.8
90.6

80,4
83.0
85.7
88.5
90.8

80.6
83.2
86.0
88.7
91.0

80.8
83.4
86.2
88.9
91.2

81.0
83.6
86.5
89.1
91.4

81.2
83.9
86.7
89.2
91.6

81.5
84.1
87.0
89.4
91.8

81.7
84.3
87.2
89.6
92.0

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

92.6
95.3
98.2
101.0
104.3
107.8
110.7
113.3
116.0
119.2

92.8
95.5
98.4
101.3
104.6
108.1
110.9
113.5
116.2
119.4

93.1
95.8
98.7
101.5
104.9
108.3
111.1
113.7
116.5
119.7

93.3
93.5
96.0
96,3
98.9
99.1
101.8 •102.1
105.2 105.5
108.6 1-08.8
111.3 111.6
113.9 114.2
116.8 117.1
119.9 120.1

93.7
96.6
99.4
102.4
105.8
109.0
111.8
114.4
117.3
120.3

94.0
96.8
99.6
102.7
106.1
109.3
112.0
114.6
117.6
120,5

94.2
97.0
99.3
102.9
106.4
109.5
112.2
114.8
117.9
120.7

94.4
97.3
100.0
1.03.2
106.7
109.8
112.4
115.0
118.2
120.9

1987
1938
1989
1990
1991
1992

121.7
124.2
j 127.0
| 130.0
| 133.3
136.7

121.9
124.4
127.2
130.3
133.6
137.0

122.1
124.6
127.5
130.6
133.9
137.2

122.3
124.9
127.7
130.9
134.2
137.5

122.5
125.1
128.0
131.1
134.5
137.7

122.7
125.3
128.2
131.4
134.8

122.9
125.6
128.5
131.7
135.1

123.1
125.8
128.8
131.9
135.3

82.1
87.3
85.9
75.4

82.5
88.2
85.3
74.1
78.7

83.0
88.0
85.4
72.6
78.3

84.1
88.0
85.0
73.1
78.4

83.7
88.2
85.8
72.7
79.2

83.7
88.6
85.8
73.5
79.0

83.4
88.9
85.2
73.8
79.3

81.5
82.7
86.6
85.1
81.6
76.4
73.0
80.4
I 80.3
80.6

81.7
82.6
87.2
85.1
81.7
77.9
72.8
80.1
80.7
79.9

82.3
83.5
87.3
84.9
81.7
77.3
73.2
80.8
80.7
79.1

83.3
85.4
86.2
83.0
80.7
76.7
73.9
81.1
80.9
79.1

83.8
85.5
87.0
80.8
81.1
76.0
74.6
81.5
80.9
78.9

84.2
86.1
86.7
79.6
81.3
75.6
74.9
81.8
80.5
78.5

79.3
83.4
84.3
82.7
80.0
78.0

80.1
83.2
84.6
83.3
79.1
78.3

80.4
83.4
84.5
83.4
78.4
78.5

80.3
83.5
85.0
83.2
78.6
78.7

80.9
83.8
84.6
83.4
79.1
79.0

81.6
83.8
S4.6
83.8
79.6

Year

_ _

industrial
Prodyetien
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981

1982

1983
1984
1985
1986

Utilization
1972
1973
1974
1975
1976
1977
1978
1979
198©
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992

j
i
|
i
!

!

I

I

I 77.5
i
|
i
|

I
|




Q1

Q2

Q3

Q4

Annual

71.7
74.0 j
68.1 I
69.1 |
75.2

66.0
72.5
72.9
65.2
70.6

67.6
73.4
73.6
64.9
71.8

68.4
74.5
73.6
66.7
72.9

71.0
74.8
70.8
68,5
74.4

68,3
73.8
72.7
66.3
72.4

79.1
85.4!
85.6 i
85.9 i
84.1 I
79.3 |
89.2!
92.8
95.6^
96.7

76.0
79.2
86.7
86.1
85.6
83.4
80.9
91.3
93.6
95.4

78.3
82.5
85.8
82.9
85.5
82.8
83.1
93.0
94.5
94.6

79.1
83.7
85.5
82.3
86.8
81.5
86.6
93.9
94.6
94.9

79.4
85.0
85.8
85.1
84.9
79.8
88.9
93.1
94.S
96.2

78.2
82.6
85.7
84.1
85.7
81.9
84,9
92.8
94,4
95.3

102.6
107.4
108.6107.2
107.4

97.4
103.6
107.7
108.3
105.8
107.2

99,2
104.7
108.4
109.4
106.4

100,9
106.2
108.1
110.5
108.1

102.4
107.0
108.1
108.5
107,9

100.0
105,4
108.1
109.2
107.1

81.9
84.5
87.5
89.8
92.2

82.1
84,8
87.7
90.0
92.4

80.0
82.5
85.2
88.1
90.4

80.6
83.2
S6.0
88.7
91.0

81.2
83.9
86.7
89.2
91.6

81.9
84.5
87,5
89.8
92.2

00.9
83.5
86,4
89.0
91.3

94.6
97.5
100.3
103.5
107.0
110.0
112.8
115,3
118.4
121.1

94.8
97.7
100.5
103.8
107.3
110.2
112.8
115.5
118.7
121.3

95.1
98.0
100.7
104.0
107.6
110.5
113.1
115.7
119.0
121.5

92.8
95.5
98.4
101.3
104.6
108.1
110.9
113.5
116.2
119.4

93.5
96.8
99.1
102.1
105.6
108.8
111.6
114.2
117.1
120.1

94.2
97.0
99.8
102.9
108.4
109.5
112.2
114.8
117.9
120.7

94.8
97.7
100.5
103.8
107.3
110.2
112.8
116,5
118.7
121.3

93.8
96,6
99,5
102.5
108.0
109.2
111.9
114.5
117.5
120.4

123.3
126.0
129.0
132.2
135.6

123.5
126.3
129.3
132.5
185.9

123.7
126.5
129.5
132.8
136.2

123.9
126.7
129.8
133.0
136.5

121.9
124.4
127.2
130.3
133.6
187.0

122.5
125.1
128.0
131,1
134.5

123.1
125.8
128.8
131.9
135.3

123.7
126.5
129.5
132.8
136.2

122.8
125.4
128.4
131.5
134.9

84.3
88.6
84,6
75.0
79.6

85.0
89,1
84.7
75.6
79.7

86.0
89.2
83,9
75.8
79.8

86.8
89.0
81.2
76.4
80.9

87.4
87.3
77.6
76.8
81.4

82.5
87.8
85.5
740
78.2

83.8
88.3
85.5
73.1
78.9

84.2
88.9
84.8
74.8
79,5

86.8
88.6
S0.9
76.3
80.7

84.3
88.4
84.2
74.6
79.3

84.0
86.1
86.0
79.1
82.1
75.0
76.1
81,9
80.0
78.7

83.9
86.2
85,4
80.0
81.7
74.5
77.1
81.8
80.2
78.7

84.2
86,5
85.5
80.9
81.1
73.8
78.2
81.6
80.4
78.6

as. 9
88,7
85=8
81.2
80,2
73.0
78.7
30,9
79.6
79.0

83.8
87.1
8S.3
82.4
79.1
72.6
78.7
80.8
79.7
79.3

81,9
83.2
87.1
82.9
85.0
87,0
82.5
85.0
78.2
81.7
77.2
71.8
78.9 | 73.0
80.2
80.4
80.4 | 80.6
79.6
79.9

83.7
85.7
86,6
81,2
61.1
7-S.1
74.5
81.4
80.7
78.8

84.0
86.3
SS.6
80,0
81.®
74.4
77.2
81.8
80.2
78.7

83.7
87.0
35.4
82.0
79.2
72,4
7S.8
80,6
79.9
79.3

83.3
85.5
86.2
82.1
80.9
75.0
75.8
81.1
80.3
79.2

82.0
84.5
83.9
83.8
80.0

82.0
84.6
84.0
83.7
79.8

81.8
84.3
83.9
83.6
79.9

82.8
84.4
83.3
83.0
79.8

82.6
84.5
83.5
81.6
79.3

82.8
84.8
83.7
80.6
78.7

80.9
83.7
84.7
83.5
79.1

82.0
84.4
84.0
83.7
79.9

B2.7
84.6 |
83.5
81.7 |
79.3

81.4
84.0
84.2
83.0
79.4

10

79.9
83.3
84.6
83.1
79.2
78.2

Table 5B
INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA
£§3§OQ31!3L3g|y

Jan

Feb

Mar

Apr

May

Juo

Jul

Aug

Sep

Pot

Nov

Dec

Q1

Q2

Q3

Q4

60.7
67.0
68.3
61.3
64.8

61.1
67.9
68.0
60.0
66.2

61.6
68.0
68.3
58.7
66.0

62.7
68.2
68.0
59.3
66.2

62.5
68.5
68.8
59.2
67.0

62.7
69.0
69.1
60.1
67.0

62.8
69.3
68.7
60.7
67.6

63.6
69.4
68.7
61.7
67.9

64.2
69.8
68.8
62.5
68.1

65.2
70.2
68.2
62.9
68.4

66.1
70.4
66.3
63.4
69.3

66.8
69.1
63.1
64.1
70.0

61.2
67.6
68.2
60.0
65.7

62.6
68.6
68.6
59.6
66.7

63.5
69.5
68.7
61.6
67.9

66.0
69.9
65.9
63.5
69.21

63.3
68.9
67.9
61.2
67.4

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

70.6
74.7
80.6
81.0
80.0
76.6
76.2
87,1
89.9
94.0

70.9
74.8
81.2
81.3
80.5
78.8
76.5
87.6
90.4
93.6

71.7
75.2
81.5
81.1
80.6
78.2
77.6
88.3
91.1
92.3

72.6
77.1
80.1
79.2
80.5
77,4
78.3
88.7
91.4
93.6

73.4
77.3
81.5
77.1
81.0
77.3
79.4
89.1
92.0
93.6

73.8
78.0
81.4
75.9
80.9
77.2
80.0
89.7
91.5
93.4

73.8
78.2
81.0
75.6
81.5
76.8
81.2
90.1
91.3
93.9

74.3
78.7
80.4
76.9
81.1
76.4
82.3
90.3
92.0
94.4

74.5
79.1
80.5
77.9
80.6
75.9
84.1
90.2
92.3
94.6

74.4
79.6
81.0
78.8
79.7
75.2
84.7
90.2
91.6
95.3

74.6
80.9
80.7
80.2
78,9
74.9
85.1
90.2
92.8
95.7

75.0
80.7
80.7
80.4
77.9
74.5
85.2
89.8
92.8
96.6

71.1
74.9
81.1
81.1
80.4
77,9
76.8
87.7
90.5
93.5

73.2
77.4
81.0
77.4
80.8
77.3
79.3
89.2
91.6
93.5

74.2
78.7
80.6
76.8
81.1
76.4
82.5
90.2
91.9
94.3

74.7
80.4
80.8!
79.8|
78.8!
74.9{
85.0
90.1
92.4
95.8

73.3
77.8
80.9
78.8
80.3
76.6
80.9
89.3
91.6
94.3

1987
1988
1989
199©
1991
1992

96.1
103.5
108.9
108.1
107.0
107.4

97.5
103.7
108.3
109.6
106.1
108.1

98.0
103.9
108.7
109.8
105.2
108.6

98.1
104.6
109.4
109.5
105.9
109.0

99.0
105.2
109.2
110.3
106.6
109.8

100.3
105.4
109.3
110.8
107.5

101.0
106.5
108.6
111.1
108.3

100.9
106.8
109.1
111.1
108.4

100.9
106.7
109.1
111.2
108.9

102.5
107.1
108.4
110.7
109.0

102.5
107.8
108.9
108.9
108.6

102.9
108.3
108.8
107.5
108.1

97.2
103.7
108.6
109.2
106.1
108.0

99.2
105.1
109.3
110.2
106.7

101.0
106.7
108.9
111.1
108.5

102.6
107.7
108.7
109.0
108.8

100,0
105.8
108,9
109,9
107.5

Capacity
1972
1973
1974
1975
1976

74.5
77.0
79.7
82,6
84.7

74.7
77.2
79.9
82.8
84.9

74.9
77.4
80.2
82.9
85.1

75.1
77.7
80.4
83.1
85.4

75.3
77.9
80.7
83.3
85.6

75.5
78.1
80.9
83.5
85.8

75.7
78.3
81.1
83.6
86.0

75.9
78.5
81.4
83.8
86.2

76.1
78.8
81.6
84.0
86.4

76.4
79.0
81.9
84.2
86.6

76.6
79.2
82.1
84.4
36.8

76.8
79.4
82.4
84.5
87.0

74.7
77.2
79.9
82.8
84.9

75,3
77.9
80.7
83.3
85.6

75,9
78.5
81.4
83.8
86.2

76.6
79.2
82.1
84,4
86.S

75.6
78.2
81.0
83.6
85.9

1977
1978
1979
1980
1981
1982
1983
1984
1985
1986

87.2
90.0
93.2
98,5
100.2
103.9
106.7
109.4
113.1
117.6

87.5
90.3
93.5
96.8
100.5
104.2
106.9
109.7
113.4
117.9

87.7
90.6
93.7
97.1
100.9
104.4
107.2
110.0
113.8
118.2

87.9
90.8
94.0
97.4
101.2
104.6
107.4
110.3
114.2
118.5

88.2
91.1
94.3
97.7
101.5
104.9
107.8
110.6
114.6
118.8

88.4
91.3
94.6
98.0
101.8
105.1
107.8
110.9
115.0
119.1

88.6
91.6
94.8
98.4
102.1
105.3
108.0
111.2
115.3
119.5

88.9
91.9
95.1
98.7
102.4
105.6
108.3
111.5
115.7
119.8

89.1
92.1
95.4
99.0
102.7
105.8
108.5
111.8
116.1
120.1

89.3
92.4
95.6
99.3
103.0
106.0
108.7
112.1
116.5
120.4

89.5
92.7
95.9
99.6
103.3
106.3
108.9
112.4
116.9
120.7

89.8
92.9
96.2
99.9
103.7
106.5
109.1
112.7
117.2
121.0

87.5
90.3
93.5
96.8
100.6
104.2
106.9
109.7
113.4
117.9

33.2
91.1
94.3
97.7
101.5
104.9
107.6
110.6
114.6
118.8

88.9
91.9
95.1
98.7
102.4
105.6
108.3
111.5
115.7
119.8

89.5
92.7
95.9
99.6
103.3
106.3
108.9
112.4
116.9
120.7

88.5
91.5
94.7
98.2
101.9
105.2
107.9
111.1
115.2
119.3

1987
1988
1989
1990
1991
1992

121.3
124.5
128.0
181.8
135.6
139.5

121.6
124.8
128.3
132.1
136.0
139.7

121.8
125.1
128.6
132.4
136.3
140.0

122.1
125.3
128.9
132.7
136.6
140.3

122.4
125.6
129.2
133.0
136.9
140.6

122.6
125.9
129.6
133.4
137.2

122.9
126.2
129.9
133.7
137.6

123.1
126.5
130.2
134.0
137.9

123.4
126.8
130.5
134.3
138.2

123.7
127.1
130.8
134.7
138.5

123.9
127.4
131.1
135.0
138.9

124.2
127.7
131.4
135.3
139.2

121.6
124.8
128.3
132.1
136.0
139.7

122.4
125.6
129.2
133.0
136.9

123.1
126.5
130.2
134.0
137.9

123.9
127.4
131.1
135.0
138.9

122.8
126.1
129.7
133.5
137.4

81.5
87,0
85.7
! 74.2
76.4

81.8
87.9
85.1
72.5
78.0

82.3
87.9
85.1
70.8
77,5

83.4
87.9
84.6
71.4
77.5

83.0
87.9
85.3
71.1
78.4

83.1
88.3
85.4
72.0
78.1

82.9
88.5
84.7
72.6
78.6

83.7
88.4
84.4
73.6
78.8

84.3
88.6
84.3
74.4
78.8

85.4
88.9
83.8
74.8
79.0

86.3
88.8
80.7
75.2
79.9

87.0
86.9
76.6
75.8
80.5

81.9
87.6
85.3
72.5
77.3

83.2
88.0
85.1
71.5
78.0

83,6
88.5
84,4
73.5
78.7

86.2
88.2
80.2
75.2
79.8

83.7
88.1
83.8
73.2
78.5

80.9
82.9
86.5
84.0
79.8
73.7
71.4
79.6
79.5
79.9

81.1
82.8
86.9
84.0
80.0
75.6
71.5
79.9
79.7
79.4

81,8
83.1
86.9
83.5
79.9
74.9
72.4
80.3
80.0
78.5

82.5
84.9
85.2
81.3
79.6
74.0
73.0
80.4
80.0
79.0

83.3
84.8
86.4
78.9
79.8
73.7
73.8
80.6
80.3
78.8

83.4
85.4
86.0
77.4
79.5
73.5
74.2
80.9
79.6
78.4

83.3
85.4
86.4
76.9
79.9
72.9
75.2
81.0
79.2
78.6

83.6
85.6
84.5
77.9
79.1
72.3
76.0
80.9
79.5
78.8

83.6
85.9
84.4
78.7
78.5
71.7
77.5
80.7
79.5
78.8

83.3
86.1
84.7
79.4
77.4
70.9
77.9
80.5
78.6
79.1

83.3
87.3
84.1
80.5
76.4
70.5
78.1
80.3
79.4
79.3

83.6
86.9
83.9
80.5
75.1
70.0
78.0
79.7
79.2
79.8

81.3
82.9
86.8
83.8
79.9
74.7
71.8
79.9
79.8
79.3

83.1
85.0
85,9
79.2
79.6
73.7
73.7
80.6
80.0
78.7

83.5
85.6
84.8
77.8
79.2
72.3
76.2
80.9
79.4
78.7

83.4
86.7
84.2
80.1
76.3
70.5
78.0
80.2
79.1
79.4

82.8
85.1
85.4
80.2
78.8
72.8
74.9
80.4
79.5
79.0

79.2

80.2
83.1
84.4
83.0
78.0
77.4

80.5
83.1
34.5
83.0
77.2
77.5

80.3
83.5
84.8
82.5
77.5
77.7

80.9
83.3
84.5
82.9
77.8
78.1

81.8
83.7
84.4
83.1
78.3

82.2
84.3
83.6
83.1
78.7

82.0
84.4
83.8
32.9
78.6

81.7
84.2
83.6
32.8
78.8

82.9
84.3
82.9
82.2
78.7

82.7
84.6
83.0
80.7
78.2

32.3
84.8
32.8
79.4
77.7 |
|

79.9
83.1
84.7
82.7
78.0
77.3

81.0
83.6
84.5
82.8
77.9

32.0
34.3
83.7
82.9
78.7

32.8 !
34.6 !
82.9 I
80.8
78.2

81.4
83.9
83.9
82.3
78.2

Year
industrial
Production
1972
1973
1974
1975
1976

Utilization
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1988
1987
1988
1989
1990
1991
1992

!

!
|
i
I
I
j

I 83.1
85.1
82.0
78.9
77.0




11

Annual

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Proportion I
in total IP 1

Seasonally adjusted
1992
Dec
Jan
Febr
Marr

Index. 1987=100
I
1991
r
Apr
Nov

l_pjt seasonally adiusted
1992
Dec
Jan . F@br
Mat*

SIC 1987 1991

1991
Nov

0.44
0.06
0.38
0.11
0.02
0.21
0.02

151.5
117.6
158.9
126.2
142.1
206.2
199.5

154.0
135.9
158.4
132.1
156.1
202.3
163.8

144.2 152.9
135.6 118.5
145.9 159.9
1.21.1 125.7
163.0 176.9
184.3 206.1
152.9 186.8

152.3
114.3
159.9
127.5
178.5
204.3

152.4

148.4
110.5
156.4
125.7
142.2
200.5
203.1

147.4
122.5
152.7
128.8
152.6
191.6
165.6

141.0
117.8
145.8
123.0
173.4
181.1
140.4

157.9
116.9
166.5
127.0
199.0
216.9
185.1

154.5
111.7
163.5
135.0
189.3
203.6

156.6

11 0.01
12] 1.21

0.01
70.0
1.24! 108.5

63.6
107.9

75.9
106.9

85.7
108.2

80.8
102.9

68.3
74.8
104.3 j 110.7

56.7
102.6

66.3
104.9

79.6
112.4

78.4
106.7

69.7
103.1

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

13 5.73
131 4.86
3.09
0.76
1.13
1.19
1.77

5.12! 94.1
4.33
95.3
2.55
87.4
0.63
87.2
0.96
88.6
0.95
86.3
1.78 109.1

93.0
94.1
87.5
87.2
88.0
87.2
105.6

92.4
93.9
88.0
86.9
90.1
86.8
104.2

92.7
93.9
86.9
85.8
88.6
85.9
106.2

92.7
93.6
86.3
85.1
87.9
85.6
106.2

94.3
96.4
95.2 | 96.6
86.9
87.5
86.1
87.8
88.2
89.1
86.1
85.7
109.8 112.5

96.2
96.6
87.1
87.4
87.5
86.6
113.1

96.4
97.9
88.1
87.1
89.8
87.2
114.9

95.7
97.6
88.3
86.6
90.1
87.6
113.8

93.9
95.7
87.5
86.0
89.1
87.0
110.0

93.6
95.5
87.6
86.7
88.3
87.5
109.3

Natural gas liquids
Propane
Liquefied petroleum
Oil and gas well drilling

132 0.29
0.02
0.27
138 0.58

0.29
0.02
0.27
0.50

107.6
97.6
108.4
78.1

107.6
96.5
108.4
75.8

108.3
96.4
109.1
71.8

106.6
95.0
107.4
73.9

108.2
96.5
109.1
76.2

79.2

109.8
100.1
110.5
87.9

108.5
99.7
109.1
86.5

108.2
100.0
108.8
77.6

109.2
98.9
110.0
72.5

109.4
98.5
110.2
70.7

69.8

Foods
Meat products
Beet
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts

20 8.76
201 0.98
0.33
0.31
0.30
0.04
202 0.85
2021 0.01
2022 0.19
2023 0.17
2024 0.09

8.89
1.03
0.30
0.32
0.35
0.05
0.83
0.01
0.20
0.17
0.08

110.1
113.7
97.8
116.3
124.1
147.8
107.0
130.0
118.0
106.8
93.5

109.6
114.8
96.3
118.2
127.4
146.1
109.5
134.3
118.9
113.5
97.5

109.2
118.2
97.4
120.5
135.2
145.1
111.6
133.1
117.8
120.1
101.6

109.6
115.5
95.9
118.4
130.6
142.2
109.5
125.1
117.6
114.6
98.6

110.2
117.5
98.3
118.2
134.6
142.8
109.6
125.3
116.6
113.8
101.3

109.9
113.5
93.4
115.1
130.4
141.7
106.5
111.7
114.3
105.8
99.9

109.8
113.9
94.6
124.3
120.3
145.8
97.7
119.9
113.1
87.6
74.7

107.0
111.4
91.1
120.7
119.3
147.1
104.1
140.8
118.6
110.4
71.7

103.9
117.7
100.0
122.3
128.5
146.3
105.3
162.1
113.3
113.2
74.9

104.9
113.2
93.1
118.5
125.7
144.6
108.8
152.4
116.8
115.8
B7.7

105.7
116.7
94.5
122.6
130.7
150.8
112.1
140.6
119.6
117.4
101.7

105.8
113.9
91.3
118.2
130.0
147.4
114.4
129.5
121.7
122.3
104.5

1.18
1.21
0.10
1.05
0.24
I 1.63 1.69
0.53 0.51
I 0.85 0.95
1.19 1.17

102.1
122.3
115.6
108.1
114.3
111.4
106.4
121.2
105.3

100.1
119.5
111.2
108.8
114.1
112.4
103.7
121.5
104.3

96.2
118.3
109.2
108.5
110.5
109.9
99.3
119.7
106.2

93.1
118.5
118.5
108.5
111.4
112.4
103.3
121.4
108.3

92.0
120.8
117.8
111.6
116.8
112.6

94.5
119.2
120.2
112.3
114.6
112.5

86.2
117.3
103.8
100.9
114.4
98.8
91.9
107.5
102.9

86.6
116.5
125.5
100.4
113.2
105.4
105.0
109.0
103.6

85.5
114.6
113.5
104.7
113.1
111.2

122.0
106.0

91.5
121.5
105.5
103.7
120.2
99.7
83.4
112.0
108.9

85.5
116.5
114.2
103.3
119.7
107.8

122.2
105.8

101.0
123.1
122.8
105.7
122.8
106.7
90.4
120.5
106.1

110.0
99.1

112.7
99.5

Stem
Hetal mining
Iron or©
Norrferrous ores
Copper
Lead and zinc
Gold and silver
Ferroalloy
Anthracite
Bituminous coal

Canned and frozen food
Grain mill products
Flour
Bakery products
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Tobacco products

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

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

0.32
0.05
0.26
0.09
0.01
0.12
0.01.

1.28
1.09
0.09
1.05
0.23

21 1.02

1

Aprr

0.95

97.7

94.7

98.8

99.4

101.6

99.2

97.0

74.5

95.7

105.2

106.2

97.3

Text Ha mill products
22 1.84
Fabrics
221-4 0.53
Cotton and synthetic
221,2 0.45
Knit goods
225 0.44
Hosiery
2251,2 I 0.12
Knit garments
2253,4,7-9 10.31
Carpeting
227 ! 0.23
Yarns and miscellaneous
228,9 I 0.48

1.73
0.48
0.40
0.44
0.12
0.32
0.23
0.44

104.4
100.0
97.9
115.2
113.7
115.7
106.4
101.6

102.5
97.3
94.5
112.8
103.8
116.4
105.5
100.5

103.1
100.6
98.7
113.1
104.8
116.4
104.6
98.4

104.7
102.6
101.0
113.2
102.0
117.6
107.6
100.5

105.2
102.2
100.9
114.1
101,0
119.3
106.1
100.5

105.4
102.9
101.6
114.5

93.8
93.1
89.6
100.7
88.5
105.5
95.6
90.9

94.9
100.3
99.5
93.6
99.0
91.5
87.4
93.6

103.3
105.0
103.9
108.5
106.3
109.4
97.4
99.7

105.5
104.5
103.4
109.9
103.8
112.2
106.1
102.2

106.5
104.0
103.0
115.1

119.3
107.2
99.8

103.6
99.8
97.7
110.5
108.0
111.5
110.8
101.2

Apparel products

2.12

98.8

99.0

97.5

97.7

97.9

97.9

99.4

98.6

94.8

96.8

97.4

96.4

1.76
0.79
0.97
0.55
0.14

96.4
103.1
91.6
88.1
87.0

95.2
99.4
92.6
89.0
87.5

97.4
106.5
93.8
88.6
98.3

98.8
104.7
94.6
89.1
101.7

99.1
104.9
94.7
89.6
99.7

99.1
105.0
94.9
89.6
100.7

94.1
99.8
90.0
86.9
82.4

89.4
93.1
86.7
84.9
66.0

91.5
97.4
87.1
83.9
77.5

96.2
103.5
90.8
84.4
90.2

97.7
104.0
93.2
86.9
97.9

99.3
104.1
95.8
88.7
107.5

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




23 2.36
24
241,2
243-5,9
243
245

2.00
0.84
I 1.16
0.68
0.17

12

115.0
112.1
99.4

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index. 1987=100

Proportion
in total IP

Seasonally adjusted
1992
Febr
Marr
Dec
Jan

Apr

r

1991
Nov

Not seasonally adjusted
1992
Dec
Jan
Febr
Mar»"

SIC 1987 1991

1991
Nov

25 1.45
251 0.68

1.34
0.61

99.9
100.1

100.6
99.9

98.7
100.2

98.1
100.0

99.0
100.8

101.0
103.4

100.5
101.2

98.1
97.5

95.8
96.0

101.2
105.0

99.0
102.3

98.8
102.5

252,4,9 0.71

0.66

98.6

99.3

95.4

94.2

95.8

97.5

98.3

96.7

94.0

96.6

94.2

93.7

3.58
1.64
0.16
0.98
0.50

3.51
1.63
0.16
0.97
0.50

106.1
108.5
106.9
107.6
110.8

107.0
110.6
113.5
108.1
114.5

107.1
108.2
109.9
107.7
108.4

104.6
106.8
1077
104.6
110.8

105.6
108.1
107.3
106.7
111.2

106.7
109.6
110.6
108.4
111.7

105.2
108.5
105.9
108.6
109.1

100.9
105.9
108.1
103.8
109.2

108.1
110.3
112.2
110.0
110.4

107.7
110.5
111.0
109.1
11.3.0

108.1
110.4
109.2
108.9
113.6

107.9
109.6
112.1
108.1
111.7

264 1.21
265 0.71

1.16
0.71

103.0
108.1

102.9
107.7

104.0
111.9

101.0
107.5

101.4
109.2

100.6
112.8

103.2
103.1

99.1
94.1

104.4
111.5

104.2
109.3

104.3
111.3

101.5
117.1

6.37
1.74
1.73
2.90

6.68
1.50
2.11
3.07

114.2
92.6
136.0
114.1

114.5
92.7
135.3
115.1

114.8
93.4
135.2
115.5

114.4
94.6
131.9
115.8

114.1

114.4

104.3
84.0
124.4
104.4

106.9
92.4
122.9
106.1

109.4

132.7
116.2

109.7
92.7
129.7
108.0

107.3

131.4
115.8

113.0
100.5
129.2
110.8

123.4
105.5

125.0
108.2

28 8.60

8.91

113.0

112.6

112.7

113.4

114.6

115.2

110.6

108.5

108.5

111.2

112.1

114.4

3.61
0.79
0.05
0.11
0.10
0.53
0.31

3.60
0.83
0.05
0.12
0.10
0.57
0.32

109.3
113.6
91.2
114.3
107.0
117.0
113.1

107.1
114.0
95.3
114.0
106.9
117.1
111.9

108.0
116.5
105.3
111.1
107.0
120.6
114.0

108.2
115.9
91.1
105.1
101.2
123.5
115.2

110.1
117.0
99.0
103.1
114.2
122.3
115.8

110.5
115.4

109.1
114.1
93.4
115.0
105.0
117.7
115.7

105.7
110.8
97.0
113.5
106.2
112.4
104.3

107.3
115.4
96.9
109.1
102.3
121.1
116.5

110.4
121.2
95.2
107.0
106.4
129.6
131.2

110.7
116.1
98.5
104.0
114.0
120.9
112.7

111.8
115.6

Synthetic materials
232 1.28
Plastics materials
2821 0.78
Synthetic fibers
2823,4 0.41
industrial organic chemicals
286 1.54

1.29
0.87
0.35
1.48

114.2
127.3
95.3
103.0

109.6
121.4
92.2
101.5

109.4
123.1
89.1
102.5

109.6
123.4
83.6
103.0

113.6
126.9
94.0
103.7

93.7
104.2

112.8
126.4
93.4
103.5

106.5
117.2
93.1
102.5

107.0
119.6
87.9
103.4

113.5
126.7
93.4
102.3

116.1
130.6
93.0
103.4

96.5
104.1

lltm
Furniture and fixtures
Household furniture
Office furniture, fixtures,
and miscellaneous
Paper and products
Pulp and paper
Wood pulp
Paper
Paperboard

26
261-3
261
262
263

Converted paper products
Paperboard containers

Printing and publishing
27
Newspapers
271
Periodicals, books, and cards 272,3,7
Job printing
274-6,8,9
Chemicals and product®
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Industrial gases
Inorganic pigments
Inorganic chemicals, nee
Acids and other

281,2,6
281
2312
2813
2816
2819

120.9
114.8
114.9

Aprr

120.4
113.7
118.9

283-5,9
283
284
285
287

4.54
2.01
1.53
0.41
0.45

4.86
2.29
1.54
0.35
0.44

117.0
126.8
106.1
97.2
105.0

117.5
126.8
105.8
100.8
108.0

118.0
127.5
105.9
100.4
107.8

118.0
128.7
104.4
101.8
109.0

119.1
130.3
104.7
103.7
110.0

119.6
131.1
106.3
102.1
109.4

112.4
120.7
104.0
83.4
105.2

110.6
119.0
102.0
76.6
108.6

109.9
116.5
100.9
84.8
106.2

112.1
118.1
102.0
99.0
109.5

113.3
119.5
101.5
107.0
111.6

116.2
125.1
101.3
113.8
115.9

Petroleum products
29
Petroleum refining and misc.
291,9
Automotive gasoline
Distillate fuel oil
Residual fuel oil
Aviation fuel and kerosine
Miscellaneous petroleum products

1.32
1.11
0.52
0.19
0.05
0.10
0.26

1.32
1.08
0.49
0.19
0.05
0.10
0.25

106.7
102.8
102.4
107.5
99.4
101.1
101.6

108.6
105.8
105.4
103.2
108.2
102.2
109.4

106.6
102.7
105.1
100.8
99.4
94.8
102.8

106.9
102.7
104.2
102.5
100.6
91.8
104.5

109.0
105.1
101.9
109.3
112.3
97.9
109.8

109.8
104.1
102.3
112.2
105.7
101.0
103.0

107.7
102.0
102.6
113.7
101.2
103.8
91.9

108.4
105.7
107.5
113.9
118.8
110.9
91.6

100.0
98.3
103.0
103.3
109.0
99.6
34.9

98.3
96.6
98.8
98.3
108.1
95.2
89.3

100.4
98.8
97.9
100.9
111.8
96.7
97.5

106.0
102.1
101.4
108.0
104.2
92.7
102.3

Rubber and plastics products
30
Tires
301
Other rubber products
302-4,6
Plastics products, nee
307

3.02
0.40
0.44
2.18

3.11
0.39
0.44
2.27

112.6
106.3
108.7
114.5

113.0
105.5
107.6
115.0

113.2
114.9
109.7
114.4

114.0- 115.5
119.8 121.9
109.7 111.1
113.8 115.2

117.1
119.5
112.6
117.1

112.2
103.4
109.3
114.4

106.8
94.9
105.0
109.3

105,9
114.1
102.6
105.1

117.5
126.8
114.7
116.4

117.3
129.3
112.7
116.1

117.3
122.5
112.2
11'7.0

31 0.30
313,5-7,9 0,10
314 0.15

0.25
0.08
0.11

84.3
86.1
70.6

83.2
87.2
69.5

83.0
86.0
68.9

81.4
83.9
68.0

82.4
83.3
68.5

83.1
83.5

87.0
90.6
72.5

78.1
38.5
57.5

80.2
82.0
65.5

84.6
80.9
74.0

84.3
82.2
72.2

32.3
81.2

2.46
0.35
0.19
0.16

2.19
0.32
0.16
0.13

92.8
98.4
93.9
78.7

93.0
97.8
89.7
81.3

92.8
97.7
89.2
96.2

94.6
99.5
90.9
92.0

94.9
100.6
92.3
82.0

95.3
99.1
89.6
82.7

94.0
96.2
87.6
76.2

90.0
82.9
65.4
61.3

33.2
90.2
83.2
55.3

90.0
100.7
95.5
61.5

92.6
101.6
95.8
71.5

95.6
102.0
95.1
87.4

0.12
0.05
0.06
1.50

0.08
0.04
0.04
1.32

64.8
71.2
60.4
90.9

63.9
69.0
60.7
90.4

62.2
64.7
61.5
90.9

63.8
66.1
63.8
92.1

65.0
66.6
65.9
92.8

66.4

65.2
69.5
62.8
92.8

61.7
66.1
59.5
91.7

56.5
55.7
59.1
88.6

60.6
59.2
64.4
88.5

63.7
63.1
66.6
91.1

67.7

Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Lsathsr and products
Personal leather goods
Shoes

Stone, clay, and glass products 32
Pressed and blown glass
322
Glass containers
3221
Cement
324
Structural day products
Brick
Clay tile
Concrete and miscellaneous




325
3251
3253,5
326-9

13

93.2

93.6

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

Index. 1 387=100
Seasonally adjusted
1991
1992
Dec
Febr _ M a r l _ _ A p i L
Nov
Jan

Not seasonally adjusted
1992
Dec
Jan
Febr
Marr

SIC 1987 1991

1991
Nov

Primary metals
33 3.32
Iron and steel
331,2 1.95
Basic steel and mill products
331 1.50
Basic iron and steel
0.37
Pig iron
0.20
Raw steel
0.11

3.09
1.78
1.48
0.33
0.19
0.10

103.5
105.6
115.2
103.0
110.7
99.1

101.3
101.7
110.3
103.3
111.4
97.6

102.5
105.0
114.2
103.6
107.7
103.3

102.7
103.7
112.2
102.0
105.6
102.7

103.2
105.4
115.1
99.2
103.0
93.8

102.1
103.5
112.3
99.4
103.1
99.9

101.3
101.2
110.1
99.9
106.5
97.7

95.1
94.0
103.8
98.8
105.7
94.5

100.7
102.8
112.1
102.3
107.0
100.6

106.0
107.2
115.9
103.9
108.7
104.1

107.5
108.8
116.8
105.2
110.2
105.6

109.9
114.9
123.9
106.2
110.8
106.9

1.14
0.29
0.28
0.14
0.08
0.35
332 0.44

1.14
0.25
0.26
0.15
0.08
0.41
0.31

119.2
114.1
101.5
125.7
120.6
134.2
73.3

112.6
97.4
100.0
116.7
115.7
132.5
73.4

117.7
110.4
112.2
123.1
90.3
131.6
73.3

115.5
105.5
107.4
123.7
106.7
128.5
75.2

120.2
114.2
109.3
120.6
122.1
133.1
73.2

116.4
113.0
108.0
116.0
110.0
127.2

113.4
111.0
96.1
122.7
106.4
•126.5
71.0

105.4
83.7
93.4
106.1
131.3
126.8
61.0

115.3
108.2
109.4
116.8
85.5
131.6
71.0

119.8
114.2
110.2
119.1
95.9
137.2
77.5

120.6
115.9
111.1
117.1
112.8
134.9
81.5

129.6
127.9
122.3
126.1
119.8
140.3

Item

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

Aprr

Nonferrous metals
833-6,9
Primary nonferrous metals
333
Copper
3331
Aluminum
3334
Secondary nonferrous metals 334

1.38
0.22
0.03
0.14
0.07

1.31
0.24
0.03
0.16
0.07

100.5
113.9
123.1
123.3
107.9

100.8
115.1
122.2
120.6
106.9

93.9
113.6
114.1
119.0
107.0

101.2
112.9
117.9
118.4

100.1
115.0
124.8
118.1

100.2
111.9
110.0
117.8

101.5
115.9
124.9
122.7
112.0

96.6
114.9
120.8
120.8
104.0

97.9
115.3
117.2
121.0
100.2

104.3
116.0
121.4
120.4

105.6
119.0
126.9
120.7

102.7
114.9
119.1
120.2

Nonferrous products
335,6
Nonferrous mill products
335
Copper
3351
Aluminum
3363-5
Construction
Misc. aluminum materials
Nonferrous foundries
336

0.98
0.73
0.11
0.23
0.10
0.14
0.23

0.86
0.67
0.09
0.21
0.08
0.13
0.19

95.3
97.9
87.3
96.5
83.2
105.9
87.2

94.3
96.2
88.6
94.1
76.9
106.2
88.1

92.7
94.5
90.2
92.4
85.3
97.4
86.8

97.2
100.5
110.2
102.8
92.3
110.1
87.0

94.6
97.1
96.4
99.2
90.7
105.2
86.5

95.0
97.7
97.2
96.3
87.6
103.3

95.4
96.9
85.9
91.0
80.0
98.7
90.5

89.6
93.9
85.6
82.9
65.2
95.4
76.0

92.1
93.6
88.7
87.5
81.3
91.9
87.5

100.2
101.6
109.6
105.3
94.3
113.0
95.8

100.5
102.0
106.5
106.7
93.3
116.1
95.6

97.4
99.3
97.8
101.1
91.0
108.2

5.38
0.29
0.58
1.34
1.63

5.04
0.29
0.55
1.14
1.58

101.8
107.9
105.9
90.0
107.5

101.2
108.2
105.9
90.3
104.5

99.7
108.3
104.9
89.7
102.0

100.5
107.8
103.5
89.8
103.1

99.9
106.8
105.1
88.7
102.4

100.4
106.4
106.5
88.7
103.8

102.1
106.0
105.3
92.1
106.4

101.1
101.4
103.6
92.3
102.5

96.3
99.9
99.0
87.6
96.2

100.8
104.8
104.6
85.7
108.4

100.3
106.6
106.0
85.7
106.3

99.9
106.5
104.7
86.0
105.9

35
351
352
353
354
355
356
357
358

8.55
0.50
0.40
1.11
0.93
0.69
0.87
2.46
0.79

9.87
0.56
0.50
1.02
1.00
0.68
0.84
3.57
0.84

122.8
121.0
135.4
87.8
115.8
102.4
103.0
157.8
114.3

121.9
118.9
136.3
85.4
112.8
102.0
100.0
159.1
112,8

121.4
115.9
134.8
84.8
109.6
101.6
99.3
160.5
11.6.3

121.9
119.3
136.0
86.3
110.6
102.4
99.0
162.4
115.0

123.1
120.2
135.9
86.6
111.6
102.8
98.3
164.9
116.0

124.0
120.4
134.1
88.6
111.7
102.2
97.8
167.1
116.7

121.2
124.8
130.0
87.0
112.1
103.6
101.3
156.8
110.3

118.5
124.8
132.5
36.3
108.7
105.7
98.7
152.8
104.1

116.6
117.6
133.2
82.3
105.4
102.2
95.5
153.0
107.3

120.5
120.0
143.6
86.1
112.0
102.2
100.2
154.8
113.3

121.7
121.5
144.7
83.8
111.3
103.6
98.6
159.0
116.0

121.0
120.9
139.0
84.5
109.5
101.5
97.2
159.5
116.0

Electrical machinery
36
Major electrical and parts
361,2
Household appliances
363
Cooking equipment
3631
Refrigerators and freezers
3632
Laundry
3633
Miscellaneous
3634-6,9

8.62
0.93
0.54
0.09
0.10
0,10
0.25

8.86
0.85
0.50
0.08
0.10
0.09
0.24

110.7
97.1
101.6
95.1
97.4
97.4
107.4

110.6
97.1
99.2
89.8
101.1
89.5
105.8

110.0
95.2
101.3
93.1
107.2
101.3
101.8

110.7
93.8
103.0
104.7
100.9
100.0
104.5

110.7
95.0
100.9
93.2
101.0
104.1
102.3

111.0
95.3
102.5
89.3
108.3
103.1
104.8

112.6
94.6
101.9
103.1
88.4
90.8
111.8

111.6
93.6
88.9
79.2
73.0
77.2
104.0

109.3
90.5
102.1
96.3
106.2
102.7
102.3

109.7
93.7
107.2
101.2
116.4
108.7
104.9

110.0
95.4
105.7
100.7
111.9
111.4
102.7

109.7
94.0
106.9
92.8
123.6
106.0
105.5

0.21
3.01
2.26
0.10
0.90
0.12

0.21
3.13
2.57
0,11
0.87
0.14

112.2
112.4
121.3
154.6
106.2
134.2

109.6
112.6
121.5
140.1
101.3
104.9

102.5
112.2
122.0
123.6
99.4
101.6

107.2
110.4
124.8
131.2
103.6
119.6

106.0
110.3
124.6
116.1
106.2
134.4

106.0
112.2
124.5

99,0
117.2
124.1
118.8
107.3
123.2

94.7
113.4
122.8
126.6
100.9
98.9

95.8
110.4
124.6
140.0
99.2
96.1

87.5
110.9
124.4
106.6
101.8
106.6

94.6
111.0
123.8

105.0
126.2

132.8
113.6
123.7
170.8
110.9
152.6

37 9.80
371 4.65
1.60
1.12
0.57
0.55
3715 0.08
3714 1.85

9.03
3.93
1.26
1.01
0.50
0.51
0.06
1.60

99.7
95.9
89.8
109.4
104.4
114.5
86.8
93.4

98.0
94.6
38.2
108.2
105.5
111.0
84.9
92.3

93.8
87.1
79.1
92.3
91.7
93.0
107.8
89.9

96.8
93.8
84.8
108.3
106.4
110.2
113.6
92.0

96.5
94.2
81.9
114.5
110.3
118.8
100.3
92.3

97.9
98.7
93.2
114.6
111.0
118.3
105.1
93.5

100.9
96.0
90,9
106.2
100.4
112.2
86.6
94.7

93.7
82.0
68.5
79.2
77.2
81.2
85.6
95.2

93.0
84.6
74.9
36.9
86.7
87.2
93.4
91.1

98.7
97.1
90.4
114.9
112.9
117.0
110.1
91.6

100.6
101.8
93.1
128.9
123.9
134.0
107.7
92.7

99.1
101.1
95.3
121.5
118.0
125.1
109.4
93.4

372 3.01
373 0.55
374-6,9 1.59

2.96
0.51
1.63

102.6
98.9
105.3

101.9
98.5
99.5

101.4
96.9
97.1

101.3
97.8
96.8

100.7
98.3
95.4

99.8
97.4
92.6

105.6
99.8
106.5

106.0
100.7
102.2

103.1
98.8
96.9

102.9
98.7
95.0

101.2
100.3
96.0

98.5
99.3
94.5

Fabricated metal product®
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners, stampings, etc.

34
341
342
344
345-7

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

TV and radio sets
Communication equipment
Electronic components
TV tubes
Misc. electrical supplies
Storage batteries
Transportation equipment
Motor vehicles and parts
Autos
Trucks and buses
Business vehicles
Consumer trucks
Truck trailers
Motor vehicle parts

365
366
367
3671-3
369
3691

99.5
97.2

s

Aircraft and parts
Ships and boats
Ran and miscellaneous




14

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
Index. 1987=100

Proportion
in total IP
SIC 19$7 1991

Item

1991
Nov

Seasonally adjusted
1992
Dec
Febr
Jan
Marr

Apr

r

Not seasonally adjusted
1992
Febr
Marr
Dec
Jan

1991
Nov

Aprr

Instruments
38 3.26
Scientific and medical
381-4 2.21
Photographic equip. & supplies 386 0.94

3.60
2.47
1.01

118.7
120.0
116.0

119.0
120.9
116.7

118.3
119.7
116.3

118.6
119.8
116.7

118.6
119.8
116.9

119.0
120.7
117.4

118.5
119.5
116.3

117.4
117.7
116.9

114.4
113.8
116.2

116.5
116.8
116.4

116.5
117.1
115.7

116.9
117.9
117.1

Misc. manufactures
Consumer goods
Business supplies

39 1.24
391,3,4,6 0.65
395,9 0.59

1.39
0.69
0.69

120.7
117.0
124.8

121.0
117.9
124.8

121.2
118.6
124.0

120.0
117.8
122.5

120.3
118.9
121.8

119.5
118.4
120.8

117.6
113.1
122.5

115.1
111.5
119.0

113.0
110.3
115.9

120.6
116.0
125.7

119.4
118.6
120.3

117.1
116.3
118.0

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt 6.01
2.55
1.45
1.10

6.33
2.69
1.40
1.29

112.7
112.4
108.4
117.8

109.9
109.7
101.3
120.7

109.3
109.6
99.3
123.3

109.0
108.9
98.8
122.2

110.7
110.6
106.7
115.9

110.3
110.3

106.2
106.1
102.0
111.4

110.6
111.1
99.8
126.0

115.3
116.2
103.8
132.6

113.7
110.8
99.1
126.3

105.6
106.0
97.3
117.5

102.0
102.2

3.46
1.40
2.06
0.91
1.15

3.64
1.47
2.16
0.94
1.22

112.9
114.7
111.6
110.5
112.5

110.0
110.9
109.4
108.4
110.2

109.1
108.0
109.9
109.8
109.9

109.1
107.5
110.1
110.9
109.5

110.7
108.9
111.9
112.6
111.4

110.3

106.2
101.7
109.3
112.2
107.1

110.3
113.6
108.0
106.3
109.4

114.7
126.3
106.7
106.5
106.9

115.7
121.4
111.9
113.3
110.8

105.3
102.0
107.6
109.4
106.1

101.8

492,3pt 1.62

1.45

104.7

100.5

97.5

96.9

98.6

98.2

103.7

141.4

166.7

149.3

134.3

101.8

Sales
Residential
Nonresidential
Industrial
Commercial and other
Gas utilities

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1982 dollars at annual rates, seasonally adjusted
1990
Q4
Item
1982 1991

1991
Q1

Q3

Q2

Q4

1992
Q1 r

1991
Dec

1992
Jan

Febr

Marr

Aprr

MayP

1376.8 1880.0 1895.5 1851.4 1873.2 1894.2 1901.7 1887.8 1888.9 1869.5 1889.7 1904.1 1912.6 1928.4

Products, total

1084.5 1481.8 1483.4 1456.0 1477.7 1494.0 1500.7 1487.4 1488.0 1468.7 1490.8 1502.7 1512.2 1526.6

Final products
Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

703.7
133.3
65.8
67.4
570.5

879.8
211.1
118.9
92.2
668.7

872.8
205.9
114.6
91.3
667.0

856.0
192.0
103.7
88.2
664.0

873.9
209.8
118.9
90.9
664.1

889.7
220.5
125.8
94.7
669.2

899.7
223.9
129.2
94.7
675.8

888.2
216.0
122.4
93.6
672.2

894.5
219.5
125.3
94.2
675.0

877.6
205.9
113.5
92.4
671.7

890.2
219.4
125.2
94.2
670.8

896.9
222.8
128.5
94.4
674.1

901.3
226.7
132.1
94.6
674.6

907.6
234.7
137.0
97.6
672.9

Equipment, total
Business and defense
Business
Defense and space

380.8
345.5
278.0
67.4

602.0
584.5
494.9
89.6

610.6
591.0
496.0
95.0

600.0
580.9
488.4
92.5

603.9
584.9
494.7
90.3

604.3
587.3
499.3
88.0

601,0
585.5
498.1
87.4

599.2
583.4
498.5
84.9

593.5
578.2
491.0
87.2

591.1
575.8
490.0
85.7

600.6
584.8
499.8
85.0

605.7
589.7
505.7
84.0

610.9
594.4
510.7
83.7

619.0
602.3
518.8
83.5

292.3
108.4
184.0
63.4

398.2
144.4
253.8
82.1

412.1
152.6
259.5
86.8

395.4
144.2
251.2
80.7

395.5
144.3
251.2
82.1

400.1
145.6
254.5
81.5

401.1
143.6
257.5
83.5

400.4
145.1
255.3
79.3

401.0
142.6
258,4
83.2

400.7
144.3
256.4
79.2

398.9
145.2
253,7
78.1

401.5
145.7
255.8
80.6

400.4
146.1
254.3
80.4

401.8
146.7
255.1
80.5

Intermediate products
Construction supplies
Business supplies
Commercial energy products

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

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

56.0
40.6
41.4

52.8
41.6
52.0

47.6
37.6
55.4

49.6
64.0
48.2

58.4
52.8

56.8
63.8

57.0
58.0

49.2
54.8

45.2
51.2

37.2
48.0

34.4
50.8

36.4
44.4

53.6
27.6
41.0

52.8
32.0
43.4

57.6
34.4
54.0

51.2
43.2
58.8

54.8
52.0

59.8
67.6

65.6
64.0

59.6
65.2

51.4
58.8

39.6
48.0

32.0
46.0

28.0
43.6

51.2
22.4
45.0

52.8
26.4
45.0

54.4
22.8
49.0

52.8
30.4
49.8

58.4
38.8

59.6
47.6

61.6
58.8

60.4
62.4

56.8
71.2

54.4
64.0

44.4
61.6

37.2
50.8

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




15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING

Item

Index. 1 9 8 7 = 1 0 0
[
1991
AprP
Nov

1987
Billion
SIC KVVH

1991

850.7

107.7

108.5

108.5

108.6

108.9

109.0

776.5
351.3
425.2
74.2

107.8
106.1
109.5
107.2

108.3
103.7
112.5
109.8

108.4
104.6
111.8
109.2

108.8
104.0
113.2
106.5

108.8
104.9
112.6
108.8

108.9
105.7
112.1
109.8

10
14.6 130.5
101 I 6.3 I 127.2
102
4.8 133.2

142.5
153.4
138.5

140.1
146.5
138.8

133.0
125.7
143.2

129.9
112.7
141.2

Totel

Nov

Seasonally adjusted
1992
Mar r
Feb1"
Dec
Jan

Not seasonally adjusted
1992

Dec

Jan

Feb r

Mar r

AprP

107.0

106.0

105.0

106.2

107.7

107.9

107.0
105.5
108.3
107.4

105.6
101.8
108.9
112.3

104.4
100.6
107.8
113.4

106.0
103.2
108.5
108.6

107.6
105.2
109.7
110.2

107.8
104.8
110.5
110.2

136.5 131.2
128.6 I 124.4
147.6 | 136.2

133.6
133.6
135.2

140.0
138.3
141.0

133.8
126.8
140.0

134.2
120.9
142.1

136.6
127.1
145.3

M A J O R INDUSTRY G R O U P S
Manufacturing
Durable
Nondurable
Mining
INDUSTRY G R O U P S and SERIES
Metal m i n i n g
Iron ore
Copper ore
Coal

11.12 | 13.4

97.5

97.3

97.6

95.0

95.2

95.9 I

99.1

105.4

108.9

110.0

106.8

101.9

Oil a n d g a s e x t r a c t i o n
Crude oil and natural gas
Natural gas liquids

13 j 33.0
27.7
131
132
3.7

96.1
94.3
96.3

100.2
98.3
98.2

98.8
97.2
94.1

95.0
94.3
83.5

100.9
99.1
100.3

98.9
97.2
95.4

94.8
93.8
91.0

103.0
102.7
93.4

103.5
102.0
95.4

94.5
94.3
80.7

98.3
96.8
98.7

97.5
96.2
94.8

Stone a n d e a r t h m i n e r a l s
Crushed stone
Sand and gravel
Chemical and fertilizer materials

14
142
144
147

12.3

117.5
103.5
115.8
127.9

118.2
106.2
118.8
124.1

118.5
105.9
114.6
119.6

116.9
108.9
117.9
123.3

120.6
119.9
116.0
122.5

119.2
113.5
118.2
122.6

121.8
115.9
126.1
126.5

118.8
110.5
118.6
123.7

110.7
86.0
97.3
122.4

109.7
86.6
98.1
123.3

114.7
101.9
98.5
125.1

120.8
112.7
113.7
126.7

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

20
201
202
203
204
205
206
207
208
209

52.9

3.3
3.7
3.4
5.9
3.9

112.6
113.3
105.5
115.1
114.8
112.4
109.5
126.1
106.2
102.0

114.3
115.5
105.9
114.7
113.9
111.1
124.2
126.6
110.2
101.6

112.9
115.8
103.8
111.3
114.0
110.4
117.9
122.4
102.5
105.4

114.7
116.5
106.9
111.0
111.6
110.7
127.0
123.1
108.7
111.4

114.7
118.8
107.8
107.4
112.4
113.8
130.1
123.6
109.9
108.3

114.8
115.7
106.0
110.7
115.8
114.4
124.3
124.3
110.0
107.2

113.1
112.6
101.1
114.0
118.2
108.8
130.5
135.0
104.8
100.5

110.2
111.2
99.5
105.7
114.9
106.4
139.4
136.2
100.7
98.9

106.6
108.2
97.3
99.9
112.6
103.3
124.4
130.2
92.3
97.7

107.1
107.0
97.2
100.6
110.1
102.5
126.5
131.6
97.4
102.3

106.3
107.3
100.5
99.1
109.0
105.1
114.9
124.0
99.4
99.6

107.6
109.1
101.6
100.6
111.1
106.6
109.4
119.9
102.5
100.3

21

1.7

95.1

90.9

95.2

94.8

112.4

114.0

95.8

83.7

82.7

91.1

105.7

103.2

22
221-4
225
226
228
229

29.9
11.6

3.4
2.2
8.4
2.9

105.2
96.9
125.4
110.8
106.5
110.4

107.2
99.1
127.9
109.8
109.8
110.5

108.9
99.8
133.0
113.0
111.2
112.7

106.1
97.6
124.1
108.4
109.1
109.7

108.1
100.9
126.4
107.4
114.1
103.3

107.3
98.5
126.2
114.0
111.1
114.9

102.7
94.0
120.5
110.2
104.7
106.2

100.2
91.8
115.7
107.5
103.2
103.7

91.9
84.9
105.2
99.3
92.0
99.9

98.9
90.8
115.8
105.6
100.5
104.0

103.0
95.3
118.7
104.9
107.7
103.3

104.5
95.0
122.2
111.8
108.3
110.7

23
231,2
233

6.6
1.9
1.9

99.0
107.5
86.3

101.8
113.2
89.4

95.7
112.8
84.1

94.2
109.4
85.9

99.3
110.2
86.6

98.0
107.3
89.1

94.2
101.9
81.3

90.5
98.0
78.8

82.6
93.1
73.1

88.8
100.6
79.6

90.7
98.3
78.2

89.8
98.0
80.2

103.8
103.1
94.1

104.7
99.0
94.5

103.6
98.0
88.8

101.4
96.6
91.0

102.7
98.7
92.2

105.0
98.7
92.8

104.1
104.3
93.7

104.4
99.5
95.1

103.3
98.4
89.4

106.7
102.6
94.0

105.1
100.8
95.0

107.1
102.1
95.7

Tobacco products
Textile mill products
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles
Apparel products
Men's outerwear
Women's outerwear

3.5
2.9
3.9
8.7
6.5
6.6
10.9

Lumber and products
Lumber
Millwork and plywood

21.6
24
7.9
242 I
243
5.7

Furniture and fixtures
Household furniture

25
251

103.3
98.5

105.1
101.2

102.6
98.8

101.5
97.4

103.3
100.0

106.0
103.0

103.5
99.6

103.0
99.5

98.4
94.0

104.3
101.4

103.6
101.7

103.6
101.9

Paper and products
Wood pulp
Paper
Paperboard
Converted paper products
Paperboard containers
Building paper and board

97.0
112.1
26
128.3
261 I
7.1
51.6
115.9
262
26.0
108.9
263
264
7.B I 97.7
265
4.5 108.3
99.9
266
*

112.7
119.5
112.6
115.0
100.1
113.0
106.2

113.3
122.0
114.0
121.5
99.1
110.3
109.2

110.5
125.9
110.4
120.0
101.3
105.5
98.4

110.1
116.8
110.1
111.9
99.5
108.5
102.7

109.5
114.2
109.2
110.7
101.5
110.9
101.2

111.4
122.3
113.9
110.4
98.7
107.2
97.1

111.5
118.8
111.9
117.3
98.3
109.0
105.0

112.5
120.4
115.0
117.4
94.1
105.5
110.0

108.7
126.4
108.1
116.2
99.2
106.5
94.6

109.7
117.1
110.3
112.8
96.8
106.9
105.1

109.9
115.7
111.2
111.4
99.5
109.0
99.0

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7

3.4
8.2

122.2
111.6
123.2

122.9
115.4
121.4

123.6
115.7
124.5

123.3
115.1
126.1

121.9
115.2
124.8

123.1
111.7
124.6

117.9
106.4
121.3

115.6
110.3
113.8

113.5
109.2
112.9

112.6
104.1
114.8

111.9
102.7
113.9

114.7
104.9
116.6

28
281
2812
2819

146.2
61.8
14.1
29.1
10.9
18.2

111.2
113.7
128.5
118.0
101.9
124.5

116.9
120.6
127.9
128.2
106.9
147.5

114.7
117.8
123.4
131.9
107.2
151.9

117.3
121.9
119.2
140.5
112.8
162.8

115.8
119.3
121.8
131.2
106.9
154.2

111.9
114.8
113.9
129.6
107.9
144.0

109.0
111.1
122.1
117.4
101.4
128.9

112.7
115.8
119.8
126.7
110.4
138.3

113.5
117.1
122.0
133.2
113.8
147.0

112.2
116.2
115.1
129.8
107.5
145.8

114.9
120.5
122.4
136.8
106.4
158.5

112.9
115.8
117.5
129.2
105.8
145.8

Chemicals and products
Basic chemicals
Alkalies and chlorine
Inorganic chemicals, nee
Acid and fertilizer materials
Nudear materials, nondefense

5.7
3.2

1

1

' N o t available because of SIC classification changes.




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
index. 1987*100
Stem

;

,

Chemical® arid Product® (eont.)
Synthetic materials
Plastics materials
Drugs and medicines
Soap and toiletries
Industrial organic chemicals
Agricultural chemicals

1987
Billion
SIC KWH

1991
Nov

Seasonally adiusied
1992
Febr
Marr
Dec
Jan

.

_

fcjot seasoni£ll£jdjUjsted

AprP

1991
Nov

Dec

1992
Jan

Febr

Marr

AprP

282
2821
283
284
286
287

26.5
14.2
5.5
3.1
36.0
8.5

107.1
107.3
114.4
116.5
98.9
106.1

108.5
109.6
116.7
118.0
103.2
107.8

105.3
107.5
118.8
114.8
117.6
109.0

108.7
106.6
118.3
113.6
102.3
107.6

108.4
109.6
120.0
111.2
107.7
109.0

105.3
107.6
118.8
115.8
106.6
105.3

105.1
105.3
109.2
112.8
101.5
105.5

105.8
107.6
109.6
112.8
102.0
107.9

106.1
109.3
108.3
108.9
109.5
108.3

105.0
106.0
108.7
109.2
100.9
108.1

103.5
106.6
110.3
109.1
104.5
107.2

106.3
108.3
111.7
109.3
103.8
110.4

20

40.1

100.0

99.6

98.9

106.1

107.8

114.1

98.5

100.1

99.6

103.3

99.0

108.1

Rubber and plasties product®
Tires
Rubber products, nee
Plastics products, nee

30
301
306
307

33.1
3.6
3.1
24.9

112.1
102.5
111.7
113.1

113.1
106.3
109.8
113.4

114.2
108.4
113.0
113.4

111.8
103.1
107.2
111.6

115.9
112.5
111.5
114.9

116.1
107.0
112.1
116.9

112.7
101.3
111.7
113.6

108.6
99.2
106.7
108.7

104.2
98.2
105.0
103.3

112.7
101.9
110.8
112.9

116.1
108.0
111.6
115.9

115.8
106.5
111.9
116.0

Leather @nd products
Shoes

31
314

1.0
0.4

99.1
91.2

100.1
97.0

100.2
92.3

99.8
91.2

97.5 103.0
88.5- 100.3

97.6
90.6

94.9
89.2

94.9
87.1

99.3
92.3

96.3
87.8

100.4
96.3

Stone, clsyg & gSaa® product®
Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

94.3
112.1
94.6
90.2
95.6
83.2

96.4
109.6
101.5
90.9
96.0
82.2

96.0
104.3
101.3
91.8
94.8
85.1

99.6
110.2
100.2
97.7
95.1
87.8

99.7
107.6
100.3
99.7
101.5
83.9

99.2
107.1
99.5
100.8
98.9
85.3

96.5
110.3
96.6
95.5
97.8
85.4

96.9
108.9
96.3
92.5
99.4
82.4

90.2
105.5
92.2
80.3
92.9
83.4

92.7
110.2
97.7
79.6
94.5
83.5

94.9
105.9
99.6
86.5
97.0
31.6

98.7
105.5
98.9
98.9
99.1
84.6

33 137.9
331
54.4
332
9.9
333
55.8
3334
51.2
336
2.7

110.4
110.2
101.9
96.5
113.8
97.5

106.5
108.9
97.5
91.7
103.6
98.4

108.3
111.1
95.1
91.8
107.4
100.7

107.0
109.7
97.1
92.9
109.8
97.6

108.6
106.5
99.5
96.7
106.8
98.5

109.2
111.4
100.6
90.5
105.8
100.7

110.3
109.8
101.4
94.6
112.2
98.9

106.6
105.7
95.7
94.1
106.8
96.2

107.8
109.9
89.2
93.8
108.5
94.3

107.5
111.2
100.2
90.8
103.9
101.1

111.1
112.1
103.1
96.8
108.6
101.0

110.0
113.8
103.3
89.9
105.8
99.3

Petroleum products

Primary metal®
Basic steel and mill products
Iron and steel foundries
Primary nonferrous metals
Aluminum
Nonferrous foundries
Fabricated metal products
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings
Nonelectrical machinery
Engines and turbines
Farm
Construction and allied
Metalworking
Special industry
General industrial
Office and computing machines
Service industry machines

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

105.4
112.6
107.9
96.5
100.9
104.0

103.3
119.0
106.8
92.3
100.5
97.1

103.6
119.5
105.9
92.8
94.3
97.5

102.8
115.3
104.0
97.8
98.2
95.0

103.6
118.0
105.4
97.5
96.1
98.2

104.8
117.5
108.4
97.7
96.2
101.6

104.8
111.9
107.0
97.2
97.9
104.1

99.7
110.5
103.9
91.8
95.9
97.1

98.0
110.2
93.9
90.5
88.9
91.1

105.0
113.4
104.9
100.4
99.5
100.2

104.5
116.2
105.6
97.1
98.4
101.8

104.0
115.6
106.4
96.7
96.8
102.5

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

107.1
112.5
110.0
94.9
115.9
112.3
105.9
94.7
121.8

103.6
100.2
111.3
87.6
114.5
108.8
101.6
93.4
128.0

103.2
108.9
107,0
85.1
112.2
106.6
102.9
94.0
124.4

104.8
110.9
111.2
87.8
113.9
101.9
101.8
101.0
118.6

104.9
102.4
107.6
88.8
113.7
103.8
103.4
100.2
120.4

104.8
107.5
109.7
88.3
114.3
107.0
103.3
96.0
120.7

104.4
111.8
107.7
92.5
112.6
107.4
103.0
92.5
118.3

99.8
99.3
107.4
87.0
109.8
105.2
97.9
89.7
118.4

97.7
105.0
104.6
80.7
107.0
101.3
96.0
90.3
113.7

104.4
109.6
116.5
87.0
114.3
104.6
102.5
95.5
116.7

103.3
102.9
113.0
86.1
113.7
104.8
102.5
97.0
117.9

101.5
102.3
109.4
83.5
111.3
103.3
102.0
91.5
117.3

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
0.6
3.1
12.8

107.6
86.9
107.2
89.4
111.6
114.6
85.4
117.9

106.3
87.3
111.1
92.1
110.2
113.9
86.6
111.7

105.1
83.0
111.1
90.1
102.5
109.7
83.6
117.9

103.8
84.6
101.6
86.8
108.8
100.5
85.0
114.2

104.1
83.7
108.5
88.0
108.2
101.5
84.2
114.1

105.8
86.4
109.5
90.5
107.5
107.5
83.9
115.7

105.8
84.5
108.9
86.6
109.0
114.0
83.4
115.2

102.0
84.5
106.3
84.5
104.8
108.5
82.6
109.0

98.3
79.5
105.0
86.1
99.3
103.6
78.1
108.0

100.0
84.1
101.4
88.3
111.6
98.6
79.5
108.5

102.0
84.0
109.2
89.3
109.5
96.6
79.3
111.0

102.3
82.2
108.6
88.3
109.0
100.8
80.8
111.3

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

37
371
372
373

38.3
21.9
10.1
2.1

98.7
92.3
102.6
116.4

95.4
85.2
107.1
118.6

97.0
86.2
109.3
110.7

96.7
88.8
106.6
113.4

98.8
92.3
103.2
108.8

98.8
91.6
105.2
102.2

97.7
92.1
102.1
109.6

91.8
81.8
103.8
114.1

89.8
80.2
100.6
112.5

96.1
88.8
102.7
120.9

98.4
93.5
100.8
110.9

96.3
90.1
101.1
106.1

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

115.2
100.1

115.6
103.7

115.2
105.6

114.7
103.4

113.5
102.7

118.0
109.8

112.4
97.7

109.9
100.6

107.3
100.5

108.9
97.3

109.9
102.5

111.7
101.6

39

4.6

114.6

115.7

113.3

115.6

113.0

114.0

112.4

109.6

107.6

115.0

112.4

110.8

832.5
765.4
85.3

107.1
107.4
117.3

107.2
108.2
114.5

107.0
108.0
117.7

106.9
107.8
129.2

107.4
108.2
124.3

107.9
108.2
127.0

106.3
106.6
115.3

105.0
105.4
119.4

103.6
104.2
123.8

104.9
105.4
124.3

106.1
107.0
126.5

106.7
107=2
125.6

HSIeeeitaneou® manufacture®

SUPPLEMENTARY Qm^PS
Total, excluding nuclear nondefense
Utility sales to industry
industrial generation




17

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.36 percent during the 1972—88 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.27 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.

Explanatory Note
The Industrial Production and Capacity Utilization release reports measures of
output, capacity, and capacity utilization in the manufacturing, mining, and electric
and gas utilities industries. Survey data on electric power use in manufacturing and
mining also are included. Data shown the release are available on the day of issue
through the Department of Commerce's online Economic Bulletin Board
(202-377-3870). Historical data are available on magnetic tape from the National
Technical Information Service (703-487-4650).

Rounding. In some cases, components may not add to totals because of
independent rounding. In addition, the published percent changes are calculated
from indexes with three digits of precision to the right of the decimal point, and may
not be the same as percent changes calculated from the rounded indexes shown in the
release.

Indestrial Production
Coverage, The industrial production index (IP) measures output in the
manufacturing, mining, and electric and gas utilities industries. The total IP index is
constructed from 250 individual series. These individual series are classified and
grouped two ways: 1) market groups (shown in table 1), such as consumer goods,
equipment, intermediate products, and materials, from which the seasonally
adjusted total index is derived; and 2) industry groups (shown in tables 2 and 6), such
as two-digit Standard Industrial Classification (SIC) industries and major
aggregates of these industries, for example, durable and nondurable manufacturing,
mining, and utilities. The 1977 SIC is the basis for industry classification of IP.

References. Industrial Production - 1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production -1986Edition at a price of $9.00 per copy, write to Publication Services,
Mail Stop 138, Board of Governvors of the Federal Reserve System, Washington,
D.C. 20551. The 1990 revision to the index is described in Kenneth Armiiage and
Dixon A. Tranum, "Industrial Production: 1989 Developments and Historical
Revision", Federal Reserve Bulletin, Vol. 76 (April 1990), pp. 187-204.

Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to
be purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprises final and
intermediate products, and final products are divided into consumer goods and
equipment.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal
to an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 74 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.

Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript "p" in
tables) and subject to revision in each of the subsequent three months as new source
data become available. (Revised estimates are denoted by the superscript "r" in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990,1985, and 1976.

Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, and total industry.
Component industries of the primary and advanced processing groups within
manufacturing are listed in the note on tables 2 and 3 of the release.

Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly
basis, the individual indexes of industrial production are constructed from two main
types of source data: (1) output measured in physical units, and (2) data on inputs to
the production process, from which output is inferred. Physical product data, such
as tons of steel or barrels of oil, are obtained from private trade associations, as well
as the government agencies listed above; data of this type are used to estimate
monthly IP where possible and appropriate. When suitable physical product data are
unavailable, estimates of output are based on either production-worker hours,
kilowatt hours, or a combination of the two. Hours of production workers are
collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The kilowatt hours data are described below. The factors used to convert
inputs into estimates of production are based on historical relationships between the
inputs and the comprehensive data used to benchmark the IP indexes (censuses,
annual surveys, and the like); these factors also may be influenced by technological
or cyclical developments. Especially for the first and second estimates for a given
month, the available source data are limited and subject to revision.

Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value—added per unit of actual output. The implied proportions of individual
industry operating rates in the rate for total industry for the most recent year are
shown in the first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the
tables above are specific to each series and did not all occur in the same month.
Industrial plants usually operate at capacity utilization rates that are well below 100
percent: none of the broad aggregates has ever reached 100 percent. For mining,
manufacturing, and utilities as a whole, and for total manufacturing, utilization rates
as high as 90 percent have been exceeded only in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in Richard D. Raddock, "Revised Federal Reserve Rates of Capacity
Utilization," Federal Reserve Bulletin, Vol. 71 (October 1985), pp. 754-66. The
1990 revision of capacity and capacity utilizaton is described in Richard D.
Raddock, "Recent Developments in Industrial Capacity and Utilization," Federal
Reserve Bulletin, vol. 76 (June 1990), pp. 412-35.

Weights* In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments mat are linked together to form a continuous index
expressed as a percentage of output in a comparison-base year (currently 1987).
Each segment, which usually spans five years, is a Laspeyres quantity index
showing changes in quantities with prices (Census value added per unit of output)
held at base—year values for the segment. For the period from 1987 to the present, IP
is aggregated on the basis of 1987 value-added weights. The aggregation of the
index for the 1982-86 period is based on 1982 weights, while 1977 weights are used
for the 1977-81 period. The other weight years in the postwar period are 1972,
1967, 1963, 1958, 1954, and 1947. The 1987 value-added weights used to
aggregate the index are shown in the first column of tables 1, 2, and 6 under the
heading "Proportion in total I P - 1987", To the extent that a given industry grows
faster (slower) than the total index after 1987, its current proportion will rise (fall).
Proportions for the most recent complete year of data are shown in the second
column of tables 1, 2, and 6.

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

Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1 Arima
Method, which was developed at Statistics Canada. The current seasonal factors are
based on data through 1988. Individual series and major aggregates are seasonally
adjusted independently. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups. In addition,
because the seasonal adjustment of aggregates is done separately, the seasonally
adjusted value of a given market or industry group may not be equal to an
aggregation of its seasonally adjusted components.




Release Schedule for 1992
At 9:15 a.m. on January 17, February 14, March 17, April 15, May 15, June 16, July
15, August 14, September 16, October 16, November 16, and December 16.

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