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FEDERAL RESERVE statistical release
G.17(419)

For release at 9:15 a.m. (EST)
March 15,1995

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.5 percent in February; the January increase was revised down to 0.2 percent, and
the December increase was revised up to 1.1 percent. Output at utilities continued its rebound with a gain of
2-1/2 percent as temperatures returned to about normal in February. Manufacturing output increased 0.4 percent; this
gain followed a downwardly revised gain of 0.2 percent in January and advances that averaged 0.9 percent per month in
the final quarter of last year. Industrial production in February was 122.6 percent of its 1987 average and was 6.1 percent
higher than in February 1994. Capacity utilization increased 0.2 percentage point, to 85.7 percent, its highest level since
October 1979.
Market Groups
The output of consumer goods increased 0.5 percent. The production of consumer durables rose 0.1 percent;
an increase in the production of consumer light trucks and selected replacement auto parts was largely offset by declines
(over)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted

Industrial Production

1994
Nov/

Index, 1987=100
1995
Dec/
Jan/

Total index
Previous estimates

120.3
120.4

121.7
121.4

122.0
121.9

122.6

.7
.8

1.1
.9

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

117.5
113.9
151.0
109.8
124.6

118.7
115.2
153.1
111.6
126.3

119.1
115.3
154.7
112.2
126.3

119.7
115.9
155.2
112.3
127.2

.5
.8
.1
.0
.9

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

122.6
129.1
115.4
98.3
116.5

124.1
131.3
116.2
100.1
115.8

124.3
131.9
115.9
100.0
117.3

124.8
132.5
116.3
100.2
120.3

.9
.9
1.0
-.9
-.6

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




Average
1967-94

1982
Low

Feb.P

1994
Nov/

Percent of Capacity
1994
1994
1988-89
High
Feb.
Nov/

Percent chanqe
1995
Dec/
Jan/

Feb.P

Feb. 94 to
Feb. 95

.2
.4

.5

6.1

1.0
1.2
1.3
1.7
1.4

.4
.1
1.0
.6
.0

.4
.5
.4
.1
.7

5.0
3.1
9.3
9.4
7.7

1.2
1.7
.7
1.9
-.6

.2
.5
-.2
-.1
1.3

.4
.5
.3
.1
2.6

6.9
8.5
5.0
.7
.6

Dec/

1995
Jan/

Capacity
growth
Feb. 94 to
Feb.P
Feb. 95

82.0

71.8

84.9

83.2

84.8
84.8

85.5
85.4

85.5
85.5

85.7

2.9

81.3
80.7
82.5
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.2
83.5
89.0
86.5
92.6

82.2
80.7
86.1
89.3
88.9

84.4
82.4
89.5
88.2
85.8

85.2
83.0
90.7
89.8
85.2

85.1
83.2
89.9
89.7
86.2

85.1
83.3
89.8
89.9
88.3

3.3
3.7
2.2
.0
1.3

in the output of other consumer durables. The production of consumer nondurables, boosted by the sharp gain at
residential utilities, increased 0.7 percent; the production of consumer chemical products and gasoline also rose.
The output of business equipment increased 0.4 percent in February and 9.3 percent over the past twelve
months. Gains for February were evident in office and computing equipment, industrial equipment, and business light
trucks. The output of defense and space equipment declined 0.6 percent; the cumulative drop over the past twelve
months was 7.5 percent.
The output of construction supplies edged up, while that of business supplies rose 0.6 percent largely
because of a strong gain in commercial electricity and gas sales. The production indexes for total materials and for
durable goods materials rose 0.7 percent and 0.6 percent respectively. The output of nondurable goods materials
increased 0.5 percent, and the output of energy materials increased 1.0 percent. Within durable materials, strong gains
were again recorded in semiconductors and other computer parts. Within nondurables, the output of paper, chemicals,
and textiles all increased.
Industry Groups
Manufacturing output rose 0.4 percent, to a level 6.9 percent higher than that of February 1994. The output
in nondurable manufacturing increased 0.3 percent in February after a decline in January. Within nondurable
manufacturing, gains were widespread; only the output of apparel products declined. Growth in durable manufacturing
advanced another 0.5 percent; noticeable declines in the production of steel, lumber, and furniture and fixtures contrasted
with increases in machinery and computer equipment, light trucks, and miscellaneous manufactures.
Factories again operated at 85.1 percent of capacity, just below the recent cyclical peak reached in January
1989. The utilization rate in the primary-processing industries edged down 0.1 percentage point, to 89.8 percent. Since
November this rate has remained near 90 percent, the highest sustained level since 1973. Utilization for
advanced-processing industries edged up 0.1 percentage point, to 83.3 percent, but remained 0.2 percentage point below
the January 1989 high.
The output of utilities, which had fallen to a relatively low level in December, rose 1.3 percent in January
and another 2.6 percent in February; the operating rate at utilities reached 88.3 percent, its highest level since the heat
wave of last June. Operating rates at mines rose, with gains in metal mining and oil and gas well drilling.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Seasonally adjusted

February data
Industrial production indexes
Twelve-month percent change

Twelve-month percent change

0

-10

-10
Durable
manufacturing

10

10

5

5

0

H

Nondurable
manufacturing

-5

-5

Products

-10

-10
1990

1992

1992

1990

1994

1994

Manufacturing

Total industry

Ratio scale, 1987 production = 100

Ratio scale, 1987 production = 100

130

^

~

^"^

|

^ - ^

Capacity

110 —

II

90

I

I

I

I I

I

I

I

— 130

Capacity

— 110

^S**^

^*~^*

\

Production

70

o

—

/^^^

90

Production

I

I

I

I

M

I I

I I I I

I

I

I

I I

Percent of capacity

I

I I

70

Percent of capacity

1985



1990

1995
^

1985

1990

1995

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
|
Item

1992
Value
added1
Index

Index. 1987=100
SeasonallvAdiusted

Not seasonally adjusted
1995
Nov/ Dec.r Jan/

1994
Sept.

Oct.

Nov/

Dec/

1995r
Jan.

Feb.P

1994
Sept.

Oct.

.
Feb.P

100.0

107.6

119.0

119.5

120.3

121.7

122.0

122.6

122.1

121.3

119.5

119.3

119.9

121.7

60.9
46.6

106.5
109.0

116.4
118.9

116.9
119.2

117.5
119.8

118.7
121.2

119.1
121.6

119.7
122.1

120.9
123.4

119.5
122.1

116.4
118.8

115.7
118.1

116.2
118.9

117.9
120.9

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

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

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

113.0
119.4
124.5
122.3
92.9
175.5
126.6
115.2
124.9
107.4
114.9
111.5
112.2
96.2
127.2
103.6
109.8
103.9
112.2

113.9
120.5
127.1
126.5
94.0
185.8
125.7
115.0
126.9
105.9
114.5
112.4
112.4
96.2
130.5
104.6
110.6
109.8
110.7

115.2
123.3
131.2
131.4
100.5
187.3
128.1
116.5
131.0
107.5
114.9
113.3
113.1
96.8
134.5
104.3
109.8
107.4
110.7

115.3
123.9
131.6
132.7
103.6
184.6
126.7
117.4
128.7
109.6
116.5
113.3
113.0
95.9
135.4
103.0
110.6
107.4
111.8

115.9
124.1
133.3
134.4
103.2
190.6
128.1
116.2
125.0
109.2
116.0
114.0
113.5
95.2
136.8
103.3
113.1
108.7
114.8

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

116.0
128.3
138.5
140.4
106.1
202.5
131.8
119.5
130.6
110.6
119.3
113.1
119.1
98.8
129.7
101.6
93.9
105.6
88.7

112.4
120.2
125.2
125.2
94.0
181.8
122.6
116.0
120.4
106.5
119.3
110.6
111.8
95.5
126.2
103.5
106.2
112.9
103.1

111.4
113.7
115.5
111.9
88.1
154.3
120.7
112.3
113.9
103.4
116.5
110.9
105.5
93.4
127.4
104.8
130.8
112.1
138.7

113.5
116.7
1-22.1
120.3
93.6
168.0
123.4
112.1
124.3
101.4
112.7
112.8
107.9
89.6
125.0
102.7
146.1
105.2
163.6

115.0
125.8
137.2
140.7
109.2
197.1
127.1
116.1
131.2
108.9
113.1
112.5
108.6
92.6
126.5
104.1
134.2
103.2
147.4

18.1
1.4.0
5:7
1.5
4.0
2.6
1.2
1.7
3.4
.5
.2

113.4
124.1
138.6
172.8
105.6
138.4
117.0
104.0
, 86.5
^9.9
94,5

128.0
149.5
181.1
295.8
123.0
136.8
147.7
133:3
68.8
93.9
138.4

128.8
150.9
183.2
300.5
124.4
137.1
149.2
134.3
68.7
88.3
142.0

128.9
151.0
184.2
305.7
124.1
137.5
1.51.6
133.1
69.0
86.0
143.1

130.4
153.1
188.6
311.9
125.2
137.8
152.6
133.1
68.7
86.0
153.6

131.5
154.7
190.2
317.9
127.0
139.6
157.2
133.8
68.4
86.7
153.6

131.8 132.0
155.2 154.7
190.5 187.6
324.2 307.7
127.8 H27.7
140.5 140.2
158.1 151.6
133.9 138.3
68.0
69.2
89.1
95.2
152.0 146.4

131.6 128.8
154.0 149.9
186.4 182.7
310.9 295.5
125.1 123.3
147.3 137.4
166.2 148.8
134.2 130.5
69.0 v 69.8
97.3
98.7
156.7 138.8

128.7
149.8
186.1
299.7
124.3
128.9
132.4
128.9
70.6
96.9
125.7

127.3
148.6
182.7
299.2
122.6
132.9
145.0
128.5
69.2
89.1
137.1

130.1
153.0
184.8
311.8
125.8
145.0
167.9
132.8
68.3
84.7
147.0

14.3
5.3
9.0

98.8
95.0
101.3

108.6
108.6
108.7

109.9
109.7
110.1

110.6
109.8
111.3

111.1
111.6
111.0

111.6
112.2
111.3

112.0
112.3
112.0

113.3
112.4
114,0

111.6
112.9
111.0

109.1
108.5
109.6

108.3
105.8
110.0

107.9
104.8
110.0

108.5
107.3
109.5

39.1

109.2

122.9

123.4

124.6

126.3

126.3

127.2

123.9

123.9

124.4

125.0

125.6

127.6

£0.6
3.9
7.5
9.1
3.0
8.9
1.1
1.8
4.0
2.0
9.6
6.3
3.3

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

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

134.2
133.8
149.0
122.7
121.3
120.3
106.9
120.5
124.6
119.5
105.2
100.3
115.1

136.0
135.8
150.7
124.6
123.2
121.5
110.3
122.1
125.9
119.3
104.9
100.7
113.4

138.7
139.7
152.5
127.3
126.4
122.4
108.9
120.8
127.4
122.1
105.4
101.7
112.8

139.1
139.8
154.2
126.9
123.2
121.0
109.3
118.1
125.8
121.2
106.0
101.9
114.1

140.0
140.4
156.7
126.8
123.0
121.6
109.8
119.0
126.7
121.2
107.1
102.5
116.2

135:6
136.3
147.0
126.2
122.4
120.8
107.2
121.7
125.2
119.4
103.8
99.2
112.9

135.6
136.4
148.8
124.8
121.4
122.5
109.5
120.8
125.0
126.7
102.4
98.1
110.8

136.4
137.6
151.5
124.0
121.9
121.1
108.3
122.8
126.0
117.8
104.0
100.5
111.1

137.7
138.0
154.9
124.1
123.0
116.7
99.1
116.8
124.4
112.3
107.3
102.9
116.2

135.9
135.9
153.6
122.0
121.2
120.1
109.0
120.7
123.6
119.5
110.3
105.1
120.7

139.1
139.9
156.3
125.3
125.3
122.2
111.3
121.7
127.5
119.0
109.7
105.5
118.0

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

97.2
95.2
98.3

107.7
107.6
106.0

118.6
118.0
116.1

119.1
118.5
116.6

119.8
119.2
117.4

121.1
120.5
118.7

121.4
120.7
118.9

122.0
121.4
119.5

121.7
121.2
119.1

120.4
119.9
118.3

119.1
118.5
116.7

119.3
118.6
116.4

119.6
118.9
117.0

120.8
120.1
118.7

Consumer goods excluding:
Autos and trucks
Energy

26.9
25.6

106.7
105.7

112.4
113.3

112.4
113.3

113.1
114.2

114.2
115.8

114.2
115.8

114.7
116.2

117.2
120.0

114.4
118.5

111.5
113.1

111.4
109.2

113.1
109.8

113.3
112.9

Business equipment excluding:
Autos and trucks
Computer and office equipment

12.8
12.5

124.7
115.9

149.5
132.7

151.0
133.8

150.9
133.6

153.0
135.2

154.3
136.4

154.8
136.5

154.9
137.2

152.7
136.3

149.9
133.2

151.3
132.7

148.8
131.5

151.5
135.2

Materials excluding:
Energy

29.5

111.3

129.2

129.9

131.6

133.7

133.6

134.4

131.0

131.6

131.7

131.3

131.1

134.0

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

•

2 5

-

SPECIAL AGGREGATES

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




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change

item

1993Q4
to
_ _ _ _ _ „ _ . 1994Q4

Seasonally adjustec
annual rate
1994
Q1
02
03

Q4r

Seasonallvadiusted
1994
1995
Nov/ Dec/
Jan/ FebP

Not seasonally adjusted
1994
1995
Nov/ Dec/
Jan/ FebP

Feb. 94
to
Feb. 95

Total index

6.0

7.1

6.0

4.9

5.9

.7

1.1

.2

.5

-1.4

-.2

.4

1.5

6.1

Products, total
Final products

5.0
4.5

6.7
7.0

4.9
3.5

3.9
3.6

4.5
4.0

.5
.5

1.0
1.2

.4
.4

.4
.4

-2.6
-2.7

-.6
-.6

.4
.7

1.4
1.7

5.0
4.4

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

3.3
5.1
7.3
6.1
5.8
6.4
10.1
3.0
-1.8
5.8
4.1
2.8
6.1
1.7
2.6
-.6
-4.0
-2.2
-4.7

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

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

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

2.4
6.3
16.8
19.7
31.1
8.8
11.0
-2.6
-11.7
1.9
-.2
l!3
4.9
1.8
3.9
-4.9
-8.9
2.7
-13.2

.8
.9
2.1
3.4
1.2
5.9
-.7
-.2
1.6
-1.4
-.4
.8
.1
.0
2.6
1.0
.7
5.6
-1.3

1.2
2.3
3.3
3.9
6.9
.8
1.9
1.3
3.2
1.4
.3
.9
.7
.7
3.1
-.3
-.7
-2.1
-.1

.1
.5
.3
.9
3.1
-1.4
-1.0
.8
-1.7
2.0
1.4
-.1
-.1
-1.0
.7
-1.2
.7
.0
1.0

.5
.1
1.3
1.3
-.3
3.3
1.1
-1.0
-2.9
-.4
-.4
.7
.5
-.8
1.0
.2
2.3
1.2
2.7

-3.1
-6.3
-9.7
-10.8
-11.4
-10.2
-7.0
-2.9
-7.8
-3.7
.0
-2.3
-6.2
-3.3
-2.7
1.8
13.1
6.9
16.3

-.9
-5.4
-7.7
-10.6
-6.3
-15.1
-1.5
-3.2
-5.4
-3.0
-2.3
.3
-5.6
-2.2
1.0
1.3
23.2
-.7
34.5

1.9
2.6
5.7
7.5
6.3
8.9
2.3
-.1
9.1
-1.9
-3.3
1.7
2.3
-4.1
-1.9
-2.0
11.7
-6.2
17.9

1.3
7.8
12.4
17.0
16.7
17.3
3.0
3.6
5.5
7.4
.4
-.3
.7
3.4
1.2
1.4
-8.2
-1.9
-9.9

3.1
2.5
1.3
-.3
.5
-1.1
5.1
3.6
2.8
5.4
2.9
3.3
5.5
.7
6.3
-.6
-3.6
3.1
-6.0

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

6.5
9.7
13.7
20.2
9.0
.2
4.8
10.4
-9.4
-2.0
17.6

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

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

6.4
11.4
1-8.4
25.8
7.8
-2.0
7.4
13.4
-16.1
-6.6
.8

6.5
9.0
14.1
25.5
7.0
5.1
17.8
1.2
-2.8
-22.3
36.0

.1
.1
.5
1.7
-.3
.3
1.6
-.9
.4
-2.6
.8

1.1
1.3
2.4
2.0
.9
.2
.6
.0
-.4
.0
7.4

.8
1.0
.8
1.9
1.4
1.3
3.0
.5
-.5
.9
.0

.3
.4
.2
2.0
.7
.6
.6
.1
-.6
2.8
-1.1

-2.1
-2.7
-2.0
-4.9
-1.4
-6.8
-10.5
-2.7
1.3
1.4
-11.4

-.1
-.1
1.9
1.4
.8
-6.2
-11.0
-1.3
1.1
-1.8
-9.4

-1.1
-.8
-1.9
-.1
-1.3
3.1
9.5
-.3
-2.0
-8.0
9.1

2.2
3.0
1.1
4.2
2.6
9.1
15.8
3.3
-1.3
-5.0
7.2

6.5
9.3
13.0
21.1
9.8
-1.3
2.3
9.5
-7.5
-3.0
15.5

6.4
8.4
5.2

5.5
4.6
6.1

9.6
11.4
8.5

4.6
9.7
1.5

6.0
8.1
4.7

.7
.0
1.1

.4
1.7
-.3

.4
.6
.3

.4
.1
.6

-2.3
-3.8
-1.3

-.7
-2.5
.4

-.4
-1.0
.0

.6
2.4
-.5

6.8
9.4
5.2

7.5

7.9

7.7

6.5

8.0

.9

1.4

.0

.7

.4

.4

.5

1.6

7.7

10.7
9.9
14.4
7.9
7.0
5.5
6.8
3.9
6.6
4.2
1.9
2.7
.4

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

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

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

12.7
13.3
16.1
9.5
13.7
6.4
12.8
2.1
6.4
6.9
-1.5
.9
-5.7

1.4
1.5
1.1
1.6
1.5
1.1
3.1
1.3
1.0
-.2
-.3
.4
-1.5

1.9
2.9
1.2
2.2
2.6
.7
-1.2
-1.0
1.2
2.3
.5
1.1
-.5

.3
.1
1.1
-.3
-2.5
-1.1
.4
-2.3
-1.3
-.7
.5
.2
1.2

.6
.4
1.6
-.1
-.1
.5
.5
.8
.7
.0
1.0
.6
1.8

.6
.9
1.8
-.7
.5
-1.1
-1.1
1.7
.8
-7.1
1.6
2.4
.2

1.0
.3
2.3
.1
.9
-3.6
-8.4
-4.9
-1.2
-4.7
3.2
2.4
4.6

-1.3
-1.5
-.8
-1.7
-1.5
2.9
10.0
3.3
-.7
6.4
2.8
2.2
3.8

2.4
2.9
1.7
2.7
3.4
1.7
2.1
.9
3.2
-.5
-.5
.4
-2.2

11.0
8.2
15.6
8.3
5.2
5.2
7.0
2.3
5.5
6.3
2.3
3.1
.9

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

6.0
5.9
5.6

6.4
5.9
6.8

7.2
7.6
6.0

4.9
4.9
4.4

5.5
5.1
5.4

.6
.6
.7

1.1
1.1
1.1

.2
.2
.2

.5
.5
.5

-1.1
-1.2
-1.3

.2
.1
-.2

.2
.3
.5

1.0
1.0
1.4

6.2
6.2
5.7

Consumer goods excluding:
Autos and trucks
Energy

3.1
4.1

4.6
6.7

4,6
4.0

1.9
2.1

1.2
3.7

.6
.8

1.0
1.4

.0
.0

.5
.4

-2.5
-4.6

-.1
-3.4

1.5
.6

.2
2.8

3.4
3.9

10.3
8.1

9.6
8.6

11.5
8.3

11.8
9.1

8.2
6.3

-.1
-.2

1.4
1.2

.8
.9

.3
.1

-1.9
-2.3

1.0
-.3

-1.7
-.9

1.8
2.8

10.0
7.3

9.2

8.7

9.0

8.1

10.9

1.3

1.6

-.1

.6

.1

-.3

-.2

2.2

9.3

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

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

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




Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Index. 1987=100
1992
Value
added 1
index

Nov/

Dec.

1995r
Jan.

FebP

1994
Sept.

119.5

120.3

121.7

122.0

122.6

122.1

121.3

119.5

119.3

119.9

121.7

108.0 ' 120.9

121.5

122.6

124.1

124.3

124.8

125.1

124.5

121.9

120.3. 120.0

122.6

104.6
109.7

116.2
123.1

116.8
123.8

118.4
124.6

120.2
126.0

119.4
126.7

119.5
127.3

118.5
128.3

119.2
127.1

118.0
123.8

115.9
122..3

118.1
121.8

118.6
124.5

109.3 | 127.2

2.0
1.4
2.1

95.8J 107.6
99.1 112.4
95.3 105.8

128.0
106.7
114.8
105.4

129.1
106.7
113.0
106.9

131.3
110.2
11-4.4
110.0

131.9
110.5
115.3
109.7

132.5
109.8
114.5
109.3

130.4
110.9
118.4
108.4

130.8
112.3
116.3
110.1

128.7
105.1
112.8
107.5

128.4
102.5
112.8
104.2

127.6
106.1
110.3
102.6

131.4
107.0
113.8
104.7

100.0

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

24
25
32

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

107.6

3.1
1.7
.1
1.4
5.0

38
39

116.0
118.2
109.9
112.7
111.6

115.9
118.8
109.0
111.8
112.2

119.1
121.9
114.2
115.2
113.3

123.5
130.3
121.9
114.8
114.8

11.9.4
124.9
114.6
112.2
115.8

119.1123.0
112.1113.8
116.2

117.3
119.8
108.8
113.7
115.1

116,9
119.9
109.7
112.5
114.4

117.7
121.3
111.9
112.9
113.9

117.6
122.7
114.4
1t'6.7
114.1

117.8
121.8
115.1
112.5
110.8

122.1
128.6
115.8
116.0
113.4

124.6
172.8
121.9

164.6
295.8
165.0

166.5
300.5
166.9

167.5
305.7
168.8

169.2
311.9
172.5

172.3
317.9
173.4

173.6
324.2
175.9

169.3
307.7
168.2

167.1
310.9
189.2

163.0
295.5
170.5

164.0
299.7
173.6

164.8
299.2
170.4

170.5
311.8
174.3

9.6
4.8
2.5
4.8
5.4
1.3

372-6,9

101.9
105.1 |
101.2!
97.6
98.8 !

7.9
1.7
7.3

37^
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

105.1
107.4
101.9
103.0
106.3
106.3

108.8
137.4
128.4
81.4
108.0
117.0

109.0
138.4
128.6
80.8
108.2
118.4

110.5
141.4
132.7
80.9
107.7
118.6

111.9
144.6
138.4
80.6
109.1
117.6

112.5
146.1
140.0
80.4
109.4
118.9

113.1
147.4
141.6
80.3
109.0
120.1

110.8
141.0
134.5
81.9
111.5
119.6

114.6
149.0
147.6
81.6
109.2
122.9

110.6
140.4
131.5
82.1
107.7
122.6

107.6
133.4
118.2
82.9
108.5
118.9

108.9
138.4
126.9
80.6
107.1
115.4

115.2
152.2
148.4
79.7
107.1
116.2

113.7
114.6
96.1
108.3
96.8
118.7

114.2
113.4
104.5
110.6
96.9
118.9

115.4
113.9
101.5
112.0
96.8
121.3

116.2
114.7
102.6
112.2
97.0
121.5

115.9
114.6
102.2
112.8
96.7
118.4

116.3
115.1
102.9
113.1
95.7
119.1

119.2
122.2
103.1
112.3
100.1
118,9

117.5
119.3
117.2
115.1
98.8
121.4

114.4
114.1
101.0
110.0
97.5
120.0

111.3
110.8
79.6
101.0
98.3
114.5

111.5
108.7
103.9
105.8
92.8
120.4

112.9
108.9
106.3
111.8
93.7
121.5

23 I
26 |

•3.6

106.5
107.0
96.5
103.9
95.0
108.9|

27
28
29
30
31

6.8
9.9
1.4
3.5
.3

97.2
114.7
102.1
115.6
89.0

100.9
123.7
105.3
134.7
85.4

1.01.4
123.8
104.0
136.7
85.6

102.0
126.2
107.6
138.3
84.5

101.6
128.2
107.7
140.1
84.4

101.4
128.4
107.5
140.7
83.7

101.8
129.2
107.9
140.8
83.9

106.9
130.5
109.4
136.9
87.5

102.2
125.3
106.3
139.2
87.4

100.5
123.5
109.6
138.2
86.2

99.7
122.8
108.0
138.2
84.9

96.8
122.1
100.3
138.6
81.9

97.7
124.4
99.7
140.2
81.9

10
12
13
14

6.8
.4
1.0
4.7
.6

98.9
163.8
108.2
93.2
99.0

100.1
160.0
110.7
93.7
106.7

99.2
158.9
110.2
92.2
109.3

98.3
154.3
110.1
91.2
109.9

100.1
156.5
117.8
92.1
110.0

100.0
157.3
117.9
91.7
112.0

100.2
158.5
117.5
92.1
110.4

100.5
161.9
113.9
92.6
115.2

101.2
154.2
114.6
93.6
116.3

101.0
153.1
113.1
94.1
112.0

100.9
154.7
112.4
94.8
105.6

99.8
151.7
118.3
93.6
94.5

100.0
158.8
121.6
92.9
94.9

491,3pt
492,3pt

7.7
6.1
1.6

111.9
111.7
112.7

116.5
117.1
114.2

117.2
117.9
114.4

116.5
117.5
112.3

115.8
116.6
112.7

117.3
118.0
114.4

120.3
121.2
116.7

109.4
120.1
67.1

104.8
109.8
84.8

111.1
109.7
116.7

127.5
118.0
165.1

139.5
125.4
195.1

133.0
121.3179.1

80.7
83.8

108.1
106.2

119.9
117.5

120.5
118.1

121.5
119.1

122.9
120.6

123.0
120.7

123.5
121.1

124.2
121.7

123.1
121.0

120.8
118.6

119.5
118.9

118.9
116.6

120.8
119.1

11.9
6.3
5.7
5.3
0.4

11.9
6.4
5.5
5.1
0.4

12.3
6.5
5.8
5.4
0.4

12.7
6.9
5.8
5.5
0.3

12.9
7.2
5.7
5.4
0.3

12.8
13.0
7.1
6.7
5.9 I
5.9
5.6
5.6
0.3
0.3

13.2
7.1
6.1
5.7
0.4

12.4
6.6
5.7
5.4
0.3

11.1
6.2
4.9
4.6
0.3

11.9
8.6
5.3
5.0
0.3

12.8
7.0
5.7
5.3
0.3

40.5

20

9.4
1.6
1.8
2.2

21 I

22!

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metalmining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

119.0

Not seasonally adjusted
1995
Oct. Nov/ Dec/ _jjgQ- r — FebP

r

45.1

Total Index

Oct.

26.5
59.0

SIC

1994
Sept.

85.5

Item

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

^^-^^^-g^^—^—j^^

SPECIAL AGGREGATES
Manufacturing exclyding:
Motor vehicles and parts
Computer and office equipment
Hem©: M o t o r v e h i c l e a s s e m b l i e s 2
Total
Autos
Trucks
Light
Heavy and medium

I

|
|

1. Proportion as a share of the value added for the total index.
2. Millions of units at an annual rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments,
and miscellaneous manufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

SIC

Item

1993Q4
to
1994Q4

"Seasonally adjusted
annual rate
1994
Q4r
Q2
Q3
Q1

Seasonallvadiusted
1994
1995
Nov/ Dec/
Jan/ Feb.P

i Feb. 94
Not seasonally adjusted
to
1994
1995
Jan/ Feb.P Feb. 95
Nov/ Dec/

Total index

6.0

7.1

6.0

4.9

5.9

.7

1.1

.2

.5

-1.4

-.2

.4

1.5

6.1

Manufacturing

6.9

7.2

7.3

5.5

7.6

.9

1.2

.2

.4

-2.1

-1.4

-.3

2.2

6.9

6.3
7.1

4.0
8.6

8.2
6.9

4.5
5.9

8.8
7.1

1.6
.7

1.6
1.1

-.7
.5

.1
.5

-.9
-2.6

-1.8
-1.2

.1
-.4

2.1
2.3

6.6
7.1

8.6
4.0
7.9
5.5

9.5
2.7
4.9
2.6

7.1
3.9
14.3
10.2

8.0
4.9
12.4
1.2

9.7
4.7
.4
8.4

.9
.0
-1.6
1.5

1.7
3.3
1.2
2.9

.5
.3
.8
-.3

.5
-.8
-.7
-.4

-1.6
-6.4
-3.1
-2.3

-.3
-2.5
.1
-3.0

-.6
3.5
-2.2
-1.6

3.0
.9
3.2
2.0

8.5
5.6
6.4
7.3

8.9
7.9
6.4
10.4
7.5

3.1
-.6
-12.3
8.3
7.2

14.7
21.5
4.5
6.3
9.6

-1.3
-14.0
5.6
18.0
7.3

20.6
30.2
32.5
9.3
5.7

2.8
2.6
4.7
3.1
.9

3.7
6.9
6.7
-.4
1.4

-3.4
-4.2
-6.0
-2.3
.8

-.2
-1.5
-2.2
1.5
.4

.8
1.1
1.9
.3
-.4

-.2
1.2
2.3
-1.9
.1

.2
-.8
.6
1.6
-2.9

3.6
3.9
.6
3.2
2.3

6.7
6.0
6.0
7.6
9.0

13.3
20.2
16.5

11.5
22.8
14.0

15.3
7.6
18.5

13.5
25.8
18.4

13.2
25.5
15.2

.6
1.7
1.2

1.0
2.0
2.2

1.8
1.9
.5

.7
2.0
1.4

-2.4
-4.9
.7

.6
1.4
1.8

.2
-.1
-1.9

3.8
4.2
2.3

14.3
21.1
17.2

372-6,9
38
39

2.5
7.9
6.1
-5.6
3.2
6.1

13.5
30.2
42.4
-8.2
5.5
7.2

-10.5
-17.8
-26.9
2.1
.8
7.5

-.8
5.1
.5
-9.3
7.0
7.4

9.5
20.6
21.0
-6.5
-.3
2.1

1.4
2.2
3.2
.0
-.5
.2

1.3
2.2
4.3
-.3
1.3
-.8

.5
1.1
1.2
-.3
.3
1.1

.5
.9
1.1
-.1
-.3
1.0

-3.5
-5.8
-10.9
.5
-1.4
-.3

-2.7
-5.0
-10.1
1.1
.7
-3.0

1.2
3.8
7.3
-2.8
-1.3
-2.9

5.8
10.0
16.9
-1.1
.0
.7

.7
3.3
-.2
-3.7
2.5
5.8

20
21
22
23
26

4.9
3.5
24.7
5.5
2.7
3.8

4.5
2.9
49.5
3.8
1.5
-3.3

7.5
5.8
30.6
7.5
8.9
2.6

2.6
5.2
-8.6
.6
.6
9.2

5.1
.3
35.5
10.3
.2
7.1

1.0
.5
-2.8
1.2
-.1
2.1

.7
.7
1.1
.2
.2
.1

-.2
.0
-.4
.5
-.4
-2.5

.3
.4
.7
.3
-1.0
.6

-2.6
-4.4
-13.8
-4.4
-1.3
-1.2

-2.7
-2.9
-21.2
-8.2
-1.2
-4.6

.2
-1.9
30.6
4.8
-3.6
5.2

1.2
.2
2.3
5.7
1.0
.9

5.0
4.8
9.9
6.3
.8
2.9

27
28
29
30
31

2.6
4.7
.4
10.1
-1.5

1.6
5.8
-8.5
11.5
1.4

10.1
5.0
10.4
9.1
-.3

-1.6
2.5
-5.2
8.1
-2.8

.8
5.6
6.0
11.7
-4.1

.7
2.0
3.5
1.1
-1.2

-.4
1.6
.1
1.4
-.1

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

.2
.6
.4
.1
.2

-1.7
-1.5
3.1
-.7
-1.4

-.8
-.7
-1.4
.0
-1.5

-3.0
-.4
-7.2
.3
-3.5

1.0
1.9
-.6
1.1
-.1

2.8
6.0
3.9
9.8
-1.8

10
12
13
14

.8
-5.0
9.2
-1.2
6.8

3.7
-2.9
31.0
-1.2
6.6

5.7
-11.6
15.1
4.9
8.6

-2.3
.0
-13.7
-.4
2.0

-3.4
-5.2
9.3
-7.6
10.2

^-.9
-2.9
-.1
-1.1
.5

1.9
1.4
7.0
1.0
.1

-.1
.5
.0
-.5
1.9

.1
.8
-.3
.4
-1.5

-.2
-.8
-1.3
.5
-3.7

-.1
1.1
-.6
.7
-5.8

-1.1
-1.9
5.2
-1.2
-10.5

.2
4.6
2.7
-.8
.5

.7
-1.9
5.0
-.7
5.3

491,3pt
492,3pt

.4
1.9
-5.2

11.7
8.8
23.5

-6.7
1.4
-32.6

3.1
.5
14.1

-5.4
-2.8
-15.0

-.6
-.3
-1.8

-.6
-.8
.4

1.3
1.3
1.5

2.6
2.7
2.0

6.3
.1
37.6

14.8
7.6
41.5

9.4
6.2
18.2

-4.6
-3.2
-8.2

.6
3.2
-8.8

6.8
6.5

5.7
6.7

9.3
7.3

5.5
4.9

6.8
7.1

.9
.9

1.2
1.2

.1
.1

.4
.4

-1.8
-2.0

-1.1
-1.5

-.5
-.3

1.7
2.2

7.2
6.5

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

24
25
32

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

37
371

Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather and products
Mining
Metal mining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas
SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

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




Table 3
CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1988- 19901989 1991
High _J_ow_

SIC

Total industry

19671994
Ave.

1973
High

19781980
High

1982
Low

100.0

Item

1994
Proportion

82.0

89.2

87.3

71.8

84.9

76.6

78.0

1994
Feb.

1994
Sept.

Oct.

Nov/

1995
Dec/ _ J a n / _ FebP

83.2

84.2

84.4

84.8

85.5

85.5

85.7

82.2

83.6

83.8

84.4

85.2

85.1

85.1

87.1

81.3

88.9

87.3

70.0

85.2

25.5
61.6

82.5
80.7

92.2
87.5

89.7
86.3

66.8
71.4

89.0
83.5

77.9
76.2

86.1
80.7

88.2
81.8

88.3
82.1

89.5
82.4

90.7
83.0

89.9
83.2

89.8
83.3

47.7
1.8
1.4
2.1

79.3
83.4
81.8
78.0

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

84.0
93.3
86.8
83.8

73.7
76.3
71.0
71.5

82.0
90.2
80.8
79.2

83.6
92.6
82.9
81.5

83.9
91.7
84.5
81.1

84.3
91.6
83.0
82.2

85.5
94.5
83.8
84.4

85.6
94.6
84.3
84.1

85.6
93.6
83.5
83.7

80.4
80.2
79.7
81.1
73.0
88.9

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.8
95.7
92.7
88.7
85.9
100.4

74.0
72.1
71.4
75.0
73.6
97.3

89.5
91.0
89.0
87.7
87.1
81.3

92.6
92.0
93.6
93.5
85.3
78.2

92.5
92.4
93.0
92.7
84.0
77.9

95.0
94.6
97.5
95.6
81.9
77.9

98.5
101.0
104.3
95.2
82.4
79.0

95.0
96.7
98.0
93.0
85.0
79,1

94.6
95.1

333-6,9
3331
3334

2.9
1.6
.1
1.3
.1
.1

94.1
84.5
78.9

34

5.2

77.5

87.8

83.9

62.9

82.0

71.8

80.2

83.5

83.9

84.6

85.7

86.3

86.5

35
357
36

8.8
2.4
8.3

81.2
80.8
80.6

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

84.0
84.4
84.9

72.5
64.5
76.6

86.1
87.9
85.4

90.2
89.2
88.9

90.9
89.6
89.3

91.0
90.1
89.6

91.5
90.9
90.8

92.5
91.3
90.4

92.4
91.4
90.7

37
371

75.0
76.1

83.8
93.4

372-6,9
38
39

10.1
5.5
2.8
4.6
5.5
1.5

75.3
81.9
75.5

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.4
85.1
89.1
88.4
81.2
80.1

70.2
57.6
53.3
79.4
76.7
73.5

78.5
91.0
96.8
64.1
75.4
74.6

75.2
85.3
85.1
62.9
76.0
75.3

75.2
85.7
84.9
62.6
76.1
75.9

76.1
87.2
87.3
62.6
75.7
75.9

76.9
88.8
90.6
62.5
76.5
75.0

77.2
89.4
91.4
62.4
76.6
75.7

77.4
89.7
92.2
62.3
76.3
76.4

20
22
23
26
261-3
27

39.3
9.3
1.6
2.1
3.2
1.3
6.8

83.5
82.3
86.2
81.1
89.8
92.4
86,1

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.7
83.3
92.1
84.2
94.8
98.1
92.3

80.4
80.5
78.9
75.1
86.5
89.6
78.7

82.6
80.4
88.6
79.6
91.9
93.7
78.2

83.8
82.9
89.0
80.9
93.2
95.8
79.4

83.9
81.9
90.8
80.9
93.2
94.8
79.7

84.6
82.2
91.7
80.8
95.0
96.3
80.1

85.1
82.6
91.8
80.9
95.0
95.2
79.8

84.7
82.4
92.1
80.6
92.4
93.0
79.5

84,8
82.6
92.2
79.6
92.7
93.6
79.6

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

10.1
.7
.4
1.2
3.4
.2

80.0
86.3
85.0
85.7
84.1
82.0

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

78.9
74.8
76.8
83.7
78.4
74.7

81.0
93.3
90.0
89.9
88.2
82.2

80.4
95.7
91.1
91.4
90.2
83.2

80.2
93.3
92.5
90.4
91.2
83.5

81.6
98.5
91.1
93.5
91.9
82.6

82.6
104.6
91.5
93.7
92.8
82.7

82.5

82.7

87.3
93.4
92,8
82.1

93.7
92.4
82.5

10
12
13
138
14

5.8
.4
1.0
4.0
.6
.5

87.4
78.4
86.9
88.1
72.7
84.5

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

86.5
87.9
91.4
86.1
60.7
90.0

86.0
80.6
82.9
86.8
53.6
79.4

89.3
83.2
86.0
90.6
76.9
88.5

89.8
82.2
84.5
91.7
78.9
90.2

89.0
81.6
84.1
90.3
74.2
92.4

88.2
79.2
83.9
89.3
72.3
92.9

89.8
80.3
89.7
90.3
72.3
93.0

89.7
80.7
89.6
89.9
73.0
94.7

89.9
81.3
89.3
90.3
75.1
93.3

491,3pt
492,3pt

7.1
5.6
1.5

86.7
88.8
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.2
86.5
68.3

88.9
88.9
88.9

86.0
87.9
79.1

86.4
88.3
79.2

85.8
88.0
77.8

85.2
87.1
78.0

86.2
88.1
79.2

88.3
90.4
80.7

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

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

24
25
32

33
331,2

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




Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES
Percent change
" Annual rate ~"~]
December to December
" T 9 _ ~ 1967- 19751994 1975 1994
Ave.
Ave. 1990 1991 1992 1993
Ave.
SIC

Item

" Capacity indexes
Percent of 1987 output
1994

1994
Feb.

1994
Sept.

Oct.

Nov.

Dec,

1995
Jan.

Feb.
143.1

Total industry

2.8

3.7

2.4

1.9

1.9

2.1

2.1

2.8

139.0

141.3

141.6

141.9

142.3

142.6

Manufacturing

3.2

3.9

2.9

2.1

2.1

2.4

2.4

3.1

142.0

144.5

144.9

145.3

145.7

146.f 1:46.6

2.1
3.8

4.0
3.9

1.3
3.7

1.7
2.2

1.2
2.6

1.4
2.9

1.4
2.8

2.0
3.5

130.3
147.4

131.8
150.4

132.1
150.8

132.3
151.3

132.5
151.7

132.8
152.3

133.1
152.9

3.5
1.7
3.1
1.4

3.7
2.9
4.5
2.5

3.4
1.1
2.4
.8

2.1
.6
2.2
.6

2.5
-.4
.8
.2

2.6
.4
1.7
.5

2.6
.7
2.4
1.0

3.8
1.6
2.9
1.6

148.8
115.1
133.3
128.5

152.1
116.2
135.5
129.8

152.6
116.3
135.9
129.9

153.1
116.5
136.2
130.1

153.6
116.6
136.5
130.3

154.2
116.8
136.8
130.5

154.9
117.1
137.1
130.7

333-6,9
3331
3334

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

1.7
.7
.3
3.6
1.8
5.2

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

.6
.8
-.2
.1

-1.1
-2.4
-2.7
.7
8.0
.3

-.5
-.8
-3.8
-.15.1

.4

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

•5

.7
1.2
-2.0
.0
1.2
.0

124.7
127.5
118.8
120.6
158.9
125.0

125.3
128.5
117.5
120.5
159.9
125.0

125.3
128.6
117.3
120.5
160.0
125.0

125.4
128.8
117.1
120.5
160.1
125.0

125.5
128.9
116.9
120.5
160.3
125.0

125.7
129.1
116.9
120.6
160.6
125.0

125.9
129.4
117.1
120.9
181.1
125.0

34

1.6

3.1

.9

.3

.4

.9

.9

1.0

132.9

133.6

133.7

133.8

133.9

134,1

134.3

35
357
36

6.4
20.0
5.7

4.7
12.0
6.1

7.2
24.0
5.5

4.9
15.8
3.5

5.5
15.3
5.9

4.7
15.6
6.6

4.3
14.3
7.6

5.8
15.5
9.7

176.5
304.3
175.8

182.4
331.5
185.5

183.3
335.4
186.9

184.1
339.2
188.5

185.0 186.2
343.1 348.2
190.0 191.8

187.8
354.5
193.8

37
371

2.5
3.2

3.0
4.5

2.3
2.5

372-6,9
38
39

1.8
5.0
2.3

1.3
7.6
4.4

2.0
3.8
1.3

.9
1.4
.6
.6
1.2
1.6

1.4
3.1
1.1
-.3
1.2
1.5

1.5
3.2
2.5
-.3
1.2
3.7

.5
2.4
.7
-1.7
1.3
3.1

2.0
4.6
4.9
-1.1
1.4
3.6

143.0
156.7
146.5
130.1
140.9
152.2

144.7
161.0
150.8
129.3
142.0
155.4

145.0
161.6
151.4
129.2
142.2
155.9

145.2
162.2
152.1
129.1
142.4
156.3

145.4
162.8
152.7
129.0
142.5
156.8

145.7
163.5
153.2
128.9
142.7
157.1

146.1
164.2
153.7
128.8
142.8
157.3

20
22
23
26
261-3
27

2.9
2.5
2.0
1.3
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.3
1.0
.8
2.1
2.1
3.2

2.1
1.4
1.6
.1
3.0
2.7
2.9

1.7
1.9
.4
-.4
2.3
2.9
1.1

2.3
2.2
1.3
1.1
1.9
2.2
1.8

2.2
2.2
1.8
-.1
1.6
1.6
1.7

2.3
2.0
2.1
.5
1.8
2.0
1.1

134.0
136.6
120.1
119.3
126.0
123.4
126.3

135.8
138.2
121.6
119.7
127.3
124.9
127.1

136.0
138.4
121.8
119.8
127.5
125.1
127.2

136.3
138.7
122.0
119.8
127.7
125.3
127.3

136.5
138.9
122.3
119.9
127.9
125.5
127.4

136.8
139.1
122.5
120.0
128.1
125.7
127.5

137.1
139.4
122.7
120.1
128.4
125.9
127.6

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

3.9
6.5
4.2
1.5
5.5
-3.3

6.8
12.7
9.7
4.2
8.6
-1.5

2.6
3.8
1.8
.2
4.1
-4.1

2.5
2.5
1.2
1.0
4.0
-3.5

2.6
1.0
1.5
-1.0
3.4
-3.8

3.6
1.1
5.0
-1.3
4.5
-2.3

3.3
1.8
1.5
-.5
4.4
-2.8

3.8
2.5
3.6
-.4
4.7
-2.1

150.5
129.2
129.4
115.4
145.3
103.9

153.8
131.1
132.2
115.1
149.3
102.6

154.3
131.3
132.6
115.1
149.9
102.5

154.7
131.6
133.0
115.1
150.5
102.3

155.2
131.9
133.4
115.0
151.0
102.1

155.7
132.2
133.9
115.0
151.7
101.9

156.2
132.6
134.3
115.1
152.4
101.6

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.8

-.1
.7
2.5
-1.0
.8
2.6

.1
-1.1
4.6
1.7
2.5
2.1
-.4
-2.5
.1 | -9.5
.0
-.1

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

-1.2
2.5
.9
-2.3
-8.2
.6

-1.4
1.6
1.1
-2.4
-9.4
-.1

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

111.5
194.3
130.2
102.3
119.4
118.5

111.5
194.7
131.0
102.1
119.0
118.3

111.5
194.8
131.1
102.1
118.9
118.3

111.4
194.8
131.3
102.1
118.9
118.3

111.4
194.9
131.4
102.1
118.8
118.3

111.4
195.0
131.5
102.0
118.8
118.3

111.4
195.0
131.6
102.0
118.7
118.3

491,3pt
492,3pt

2.9
4.0
.3

6.0
7.8
2.3

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

1.2
1.5
.3

134.6
132.1
144.1

135.5
133.3
144.4

135.7
133.4
144.4

135.8
133.6
144.4

135.9
133.8
144.5

136.1
133.9
144.5

136.3
134.1
144.6

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

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




24
25
32

33
331,2

1.5
2.3
-.6

.3

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

industrial
Production,
Percent
Change1
1983
1984
1985
1986
1987

1.9
2.0
.4
.5
-.3

.0
-.1
.7
-.7
1.4

.8
1.0
.3
-.9
.4

1.2
.6
.4
.2
.5

1.1
.7
.2
.0
.6

.6
.5
-.3
-.5
.9

1.8
.4
-.3
.5
.4

1.4
.1
.5
.2
.3

1.7
-.1
.5
.1
-.2

.8
-.7
-.8
.7
1.3

.2
.0
.4
.7
.1

.5
-.6
1.0
.6
.7

5.7
11.2
2.4
2.4
5.5

11.1
7.7
3.8
-3.4
8.1

17.8
4.0
.1
1.3
5.2

11.2
-3.4
1.2
5.8
6.5

3.7
9.3
1.7
.9
4.9

1988
1989
1990
1991
1992

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

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

.0
.9
.3
-1.0
.6

.8
.0
-.7
.5
.5

-.3
-.3
.7
.8
.5

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

.6
-1.0
-.2
.3
.9

.6
.5
.3
.1
-.1

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

.3
-.4
-.5
-.1
.6

.6
.4
-1.3
.0
1.0

.6
.7
-.4
-.4
,5

3.8
3.9
2.1
-8.1
.9

3.0
.3
1.1
1.7
5.8

2.9
-4.4
1.6
6.3
3.4

3.0
-.2
-5.2
1.5
6.2

4.4
1.5
.0
-1.7
3.2

1993
1994
1995

.2
.0
.2

.6
.8
.5

.1
.9

.0
.1

-.2
.5

.3
.6

.4
.2

.2
.8

.3
-.1

.1

.9
.7

.9
1.1

5.1
7.1

.7
6.0

3.3
4.9

5.3
5.9

4.1
5.4

Industrial
Production
1983
1984
I
1985
1986
1987

80.8
91.0
93.1
96.1
96.5

80.7
90.9
93.8
95.5
97.9

81.3
91.9
94.1
94.6
98.2

82.3
92.4
94.5
94.8
98.8

83.2
93.0
94.7
94.7
99.4

83.7
93.5
94.4
94.3
100.3

85.3
93.9
94.1
94.8
100.6

86.5
94.0
94.5
94.9
100.9

87.9
93.9
95.0
95.0
100.7

88.6
93.2
94.2
95.6
102.1

88.8
93.3
94.8
96.3
102.2

89.2
92.8
95.6
96.8
102.8:

80.9
91.3
93.6
95.4
97.5

83.1
93.0
94.5
94.6
99.5

86.6
93.9
94.6
94.9
100.8

88.9
93.1
94.8
96.2
102.3

84.9
92.8
94.4
95.3
100.0

1988
1989
1990
1991
1992

103.2
106.6
105.5
104.0
104.9

103.4
106.2
106.1
103.1
105.8

103.4
107.1
106.4
102.1
106.4

104.3
107.1
105.7
102.6
106.9

104.0
106.7
106.5
103.5
107.5

104.0
106.4
106.7
104.4
107.2

104.6
105.3
106.5
104.7
108.1

105.2
105.8
106.8
104.8
108.0

104.7
105.4
106.8
105.7
108.2

105.0
105.0
106.3
105.8
108.8

105,6
105.4
105.0
105.8
109.9

106.3
106.1
104.5
105.2
110.4

103.3
106.6
106.0
103.1
105.7

104.1
106.7
106.3
103.5
107.2

104.8
105.5
106.7
105.1
108.1

105.6
105.5 ,
105.3
105.5
109.7

104.4
108.0
106.0
104.3
107.6

1993
1994
1995

110.6
114.7
122.0

111.3
115.6
122.6

111.4
116.6

1-11.4
116.7

111.1
117.4

111.5
118.0

112.0
118.2

112.2
119.1

112.5
119.0

112.7
119.5

113.7
120.3

114.7
121.7

111.1
11.5.7

111.3
117.4

112.2
118.8

1.13.7
120.5

112.0
118.1

Capacity
1983
1984
1985
1986
1987

110.7
113.3
118.0
119.2
121.6

110.9
113.5
116.2
119.4
121.8

111.1
113.7
116.5
119.8
122.0

111.3
113.9
116.8
119.8
122.2

111.6
114.2
117.1
120.0
122.4

111.8
114.4
117.3
120.2
122.6

112.0
114.6
117.6
120.4
122.8

112.2
114.8
117.9
120.6
123.0

112.4
115.0
118.2
120.8
123.2

112.6
115.3
118.4
121.0
123.4

112.8
115.5
118.7
121.2
12.3.6

113.1
115.7
119.0
121.4
123.8

110.9
113.5
116.2
119.4
121.8

111.6
114.2
117.1
120.0
122.4

112.2
114.8
117.9
120.6
123.0

112.8
115.5
118.7
121.2
123.6

111.9
114.5
117.5
120.3
122.7

1988
1989
1990
1991
1992

123.9
125.7
128.1
130.5
133.0

124.1
125.9
128.3
130.7
133.3

124.2
126.1
128.5
130.9
133.5

124.4
126.3
128.7
131.1
133.7

124.5
126.5
128.9
131.3
134.0

124.7
126.7
129.1
131.5
134.2

124.8
126.9
129.3
131.7
134.4

125.0
127.1
129.5
132.0
134.7

125.1
127.3
129.7
132.2
134.9

125.3
127.5
129.9
132.4
135.1

125.4
127.7
130.1
132.6
135.4

125.5
127.9
130.3
132.8
135.6

124.1
125.9
128.3
130.7
133.3

124.5
126.5
128.9
131.3
134.0

125.0
127.1
129.5
132.0
134.7

125.4
127.7
130.1
132,6
135.4

124.7
128.8
129.2
131.6
134.3

1993
1994
1995

135.8
138.7
142.6

136.1
139.0
143.1

136.3
139.3

136.5
139.7

136.8
140.0

137.0
140.3

137.2
140.6

137.5
140.9

137.7
141.3

137.9
141.6

138.2
141.9

138.4
142.3

136.1
139.0

138.8
140.0

137.5
140.9

138.2
141.9

137.1
140.5

73.0
I 80.4
I 80.3
I 80.6
79.3

72.8
80.1
80.7
79.9
80.3

73.2
80.8
80.7
79.1
80.5

73.9
81.1
80.9
79.1
80.8

74.6
81.5
80.9
78.9
81.2

74.9
81.8
80.5
78.4
81.8

76.1
81.9
80.0
78.7
81.9

77.1
81.8
80.2
78.7
82.0

78.2
81.6
80.4
78.7
81.8

78.7
80.9
79.6
79.1
82.7

78.7
80,8
79.7
79.4
82.7

78.9
80.2
80.4
79.8
83.1

73.0
80.4
80.8
79.9
80.1

74.5
81.4
80.7
78.8
81.3

77.2
81.8
80.2
78.7
81.9

78.8
80.6
79.9
79A
82.8

75.8
81.1
80.3
79.2
81.5

1988
1989
1990
1991
1992

83.2
84.8
[ 82.4
79.7
78.8

83.3
84.3
82.7
78.9
79.4

83.2
84.9
82.8
78.0
79.7

83.8
84.8
82.1
78.3
80.0

83.5
84.3
82.6
78.8
80.3

83.4
83.9
82.6
79.4
79.9

83.8
83.0
82.4
79.5
80.4

84.2
83.3
82.5
79.4
80.2

83.7
82.8
82.4
80.0
80.2

83.8
82.3
81.8
79.8
80.6

84.2
82.5
80.7
79.6
81.2

84.8
82.9
80.2
79.2
81.5

83.3
84.7
82.6
78.9
79,3

83.6
84.3
82.5
78.8
80.0

83.9
83,0
82.4
79.6
80.3

84.2
82.6
80.9
79.6
81.1

83,7
83,7
82.1
79.2
80.2

1993
1994
1995

81,5
82.7
85.5

81.8
83.2
85.7

81.7
83.7

81.6
83.6

81.2
83.8

81.4
84.1

81.6
84.1

81.6
84.5

81.7
84.2

817
84.4

82.3
84.8

82.9
85.5

81.7
83.2

81.4
83.8

81.6
84.3

32.3
84.9

81.7
84.0

Utilization
1983
1984
1985
1986
1987

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



10

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

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

2.2
2.3
.1
1.3
-.6

.4
.6
.6
-.4
1.7

1.4
.9
.7
-1.0
.5

1.0
.4
.3
.9
.4

1.4
.5
.6
.0
.7

.8
.6
-.5
-.3
.9

1.5
.4
-.2
.6
.4

1.3
.2
.8
.5
.0

2.2
-.1
.2
.3
.2

.8
.0
-.7
.7
1.0

.5
.0
1.3
.5
.4

.1
-.4
.1
1.0
.6

10.4
13.3
1.7
4.6
6.3

13.8
6.9
5.1
.1
8.6

17.5
4.7
1.0
3.5
5.6

12.5
-.3
2.4
7.2
6.8

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

.1
-.9
.9
-.9
1.0

.2
.6
.4
-1.1
.7

.7
.2
-.9
.6
.4

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

.0
-.2
.0
1.0
-.2

.5
-1.2
-.3
.4
.9

.4
.4
.5
.2
.0

.0
-.4
-.1
1.1
.1

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

.9
.3
-1.2
-.1
1.1

.6
.2
-.5
-.2
.4

3.6
4.3
3.7
-9.3
2.4

3.3
-.3
.2
1.3
6.0

3.0
-5.3
1.0
7.6
4.1

4.4
-1.3
-5.5
2.1
6.0

.5
-.3
.2

.5
.8
.4

.1

.1
.3

-.2
.5

.2
.3

.5
.4

.1
.p

.4
.0

.1
.5

1.1

1.1

1.1
1.2

6.1
7.2

1.3
7.3

2.9
5.5

6.4
7.6

76.2
87.1
89.9
94.0
96.2

76.5
87.6
90.4
93.6
97.8

77.6
88.3
91.1
92.7
98.3

78.3
88.7
91.4
93.5
98.7

79.4
89.1
92.0
93.6
99.4

80.0
89.7
91.5
93.3
100.3

81.2
90.1
91.3
93.9
100.7

82.3
90.3
92.0
94.4
100.7

84.1
90.2
92.3
94.6
100.9

84.7
90.2
91.6
95.3
102.0

85.1
90.2
92.8
95.8
102.4

85.2
89.8
92.8
96.7
103.0

76.8
87.7
90.5
93.5
97.4

79.3
89.2
91.6
93.5
99.4

82.5
90.2
91.9
94.3
100.8

85.0
90.1
92.4
95.9
102.5

103.2
107.7
105.5
103.6
105.1

103.4
106.7
106.5
102.7
106.1

103.6
107.3
107.0
101.6
106.9

104.3
107.6
106.0
102.1
107.3

104.2
107.1
106.6
102.8
107.8

104.2
106.8
106.6
103.9
107.7

104.7
105.5
106.3
104.4
108.6

105.1
106.0
106.9
104.5
108.6

105.2
105.6
106.8
105.7
108.7

105.3
105.1
106.2
105.5
109.3

106.2
105.4
104.9
105.4
110.5

106.8
105.6
104.4
105.3
110.9

103.4
107.2
106.3
102.6
106.0

104.2
107.2
106.4
103.0
107.6

105.0
105.7
106.6
104.9
108.7

106.1
105.4
105.1
105.4
110.3

111.5
115.8
124.3

112.0
116.7
124.8

112.2
118.0

112.3
118.4

112.1
119.0

112.3
119.3

112.9
119.8

112.9
120.9

113.4
120.9

113.6
121.5

114.8
122.8

116.1
124.1

111.9
116.8

112.3
118.9

113.1
120.5

114.8
122.7

106.7
109.4
113.1
117.6
121.2

106.9
109.7
113.4
117.9
121.5

107.2
110.0
113.8
118.2
121.7

107.4
110.3
114.2
118.5
121.9

107.6
110.6
114.6
118.8
122.2

107.8
110.9
115.0
119.1
122.4

108.0
111.2
115.3
119.3
122.7

108.3
111.5
115.7
119.6
122.9

108.5
111.8
116.1
119.9
123.2

108.7
112.1
116.5
120.2
123.4

108.9
112.4
116.9
120.5
123.7

109.1
112.7
117.2
120.8
123.9

106.9
109.7
113.4
117.9
121.5

107.6
110.6
114.6
118.8
122.2

108.3
111.5
115.7
119.6
122.9

108.9
112.4
116.9
120.5
123.7

124.1
126.5
129.4
132.1
134.9

124.3
126.7
129.6
132.3
135.2

124.5
127.0
129.8
132.5
135.5

124.7
127.2
130.1
132.8
135.7

124.9
127.4
130.3
133.0
136.0

125.1
127.7
130.5
133.2
136.3

125.3
127.9
130.7
133.5
136.6

125.5
128.2
130.9
133.7
136.8

125.7
128.4
131.2
133.9
137.1

125.9
128.7
131.4
134.2
137.4

126.0
128.9
131.6
134.4
137.7

128.2
129.2
131.8
134.6
137.9

124.3
128.7
129.6
132.3
135.2

124.9
127.4
130.3
133.0
136.0

125.5
128.2
130.9
133.7
136.8

126.0
128.9
131.6
134.4
137.7

138.2
141.6
146.1

138.5
142.0
146.6

138.8
142.3

139.1
142.7

139.3
143.1

139.6
143.4

139.9
143.8

140.2
144.2

140.4
144.5

140.7
144.9

141.0
145.3

141.3
145.7

138.5
142.0

139.3
143.1

140.2
144.2

141.0
145.3

71.4
79.6
79.5
80.0
79.3

71.5
79,9
79.7
79.4
80.5

72.4
80.3
80.0
78.5
80.7

73.0
80.4
80.0
79.0
80.9

73.8
80.6
80.3
78.8
31.3

74
80
79
78,
81

75.2
81.0
79.2
78.7
82.1

76
80
79,
78
81

77.5
80.7
79.5
78.9
81.9

77.9
80.5
78.8
79.3
82.6

78.1
80.3
79.4
79.5
82.8

78.0
79.7
79.2
80.0
83.1

71.8
79.9
79.8
79.3
80.2

73.7
80.8
80.0
78.7
81.4

76.
80.
79.
78.
82.

78.0
80.2
79.1
79.6
82.8

83.2
85.2
81.6
78.4
77.9

83.1
84.2
82.2
77.6
78.5

83.2
84.6
82.4
76.6
78.9

83.6
84.6
81.5
76.9
79.0

83.4
84.0
81.8
77.3
79.3

83
83
81
78
79

83.6
82.5
81.3
78.2
79.5

83.
82,
81
78
79

83.7
82.2
81.4
78.9
79.3

83.7
81.7
80.8
78.7
79.6

84.3
81.8
79.7
78.4
80.3

84.6
81.8
79.2
78.2
80.4

83.2
84.6
82.0
77.6
78.4

83.5
84.1
81.7
77.4
79.1

83.
82.
81.
78.
79.

84.2
81.7
79.9
78.4
80.1

80.7
81.8
85.1

80.9
82.2
85.1

80.8
82.9

80.8
83.0

30.583.2

80.5
83.2

80.7
83.3

80
83

80.8
83.8

80.7
83.8

81.4
84.4

82.2
85.2

80.8
82.3

80.6
83.1

80.
83.

81.4
84.5

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



11

Table 6
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
1992
|"""
Value
1994
1
Index Aug.
SIC added

Item
Metal mining
Iron ore
Nonferrous ores
Copper

Nov/

163.8
116.3!
173.3 I
141.9 j

156.6
124.3
162.5
148.6

160.0
135.5
164.0
146.0

158.9
132.0
163.4
150.6

154.3
141.6
155.8
136.8

156.5
136.8
159.6
138.3

157.3

.42
.06
.37
.10

12

1.03

108.2

111.4

110.7

110.2

110.1

117.8

13
131
132
138

4.74
3.94
2.29
1.65
.25
.55

93.2
93.5
93.8 I 92.3
85.9 I 79.1
107.5 ! 115.2
109.4 114.2
79.9
89.6

93.7
91.7
78.6
114.3
116.9
93.9

92.2
91.1
77.9
113.9
110.8
88.3

91.2
90.1
77.4
112.1
115.5
86.0

92.1
90.9
79.1
111.5
119.0
86.0

14

.57

106.7

109.3

109.9

110.0

113.9
125,0
103.6
127.7
152.8
80.0
115.4
100.4
129.2
140.9
129.6
93.5

114.7
128.6
108.7
129.1
155.7
84,0
112.7
97.2
127.2
132.2
125.6
93.8

Oil and gas extraction
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
Stone and earth minerals
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products

Tobacco products

Oct.

10
101
102-4,8,9
102

Coal mining-,

Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee

Sept.

Index, 1987 = 100
1
Not seasonally adjusted
1995 1994
Dec.r Jan.r I Aug. Sept.
Oct. Nov/ Dec/

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

99.0

106.6

157.3
129.5
162.2
148.4

161.9
135.6
168.4
148.1

154.2
127.8
158.8
150.5

153.1
134.2
155.8
136.6

154.7
133.0
158.1
138.0

151.7

117.9

116.3

113.9

114.6

11-3.1

112.4

118.3

•91.7
90.5
78.8

92.6
.90.2
78.1
111.2
116.2
95.2

93.6
91.3
78.5
113.4
112.8
97.3

94.1
91.5
78.0
115.0
118.1
98.7

94.8
92.6
79.9
114.6
116.2
98.9

93.6
92.5
79.4

117.9
86.7

91.7
90.0
78.0
110.8
114.3
90.2

112.0

115.2

115.2

116.3

112.0

105.6

94.5

114.6
122.1
102.9
121.2
149.2
84.0
114.2
92.8
130.5
131.6
133.5
93.8

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

1-22.2
128.0
109.2
128.7
153.8
75.3
106.2
81.1
129.7
110.0
117.6
90.7

119.3
133.4
110.5
139.3
160.7
82.3
105.3
92.7
127.8
114.6
106.7
89.8

114.1,
124.7
101.1
137.0
147.9
80.2
104.8
91.1
129.1
114.5
99.6
90.0

110.8
123.?'
101.1
134.4
144.9
85.1
108.5
103.9
128,5
134.0
92.3
90.9

108.7
122 6
102*7
125.3
147.9
83.4
109.0
117.9
125.9
132,0
100.1
92.1

133.0
119.2
110.5
112.5
121.4
125.0
130.5
135.4
122.2
88.2

138.6
119.2
112.4
124.6
126.2
122.7
113.3
139.7
121.8
84.6

128.9
117.3
103.8
139.5
133,6
115.9
110.7
124.5
116.0
90.0

118.2
118.4
98.3
137.4
136.9
107.4
99.0
116.3
111.2
88.3

108.6
119.9
95.9
129,8
133.2
100.2

104.2
115.8
95.2
119.2
131.5
102,0

109,8
109.9
91.2

108.8
106.2

160.2

155.0

115.3
89.1

202
2021
2022
2023
2024
2026

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

107.0 113.7
114.5 1 124.0
97.8 103.1
119.7 125.7
132.9 151.7
88.2 77.4
103.8 110.3
104.4 102.4
122.2 120.8
102:7 133.3
121.9 120.2
91.1 92.3

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

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

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

108.1
108.9
93.6
115.8
115.7
107.2
115.2
106.4
105.7
88.2

113.3
115.8
100.1
116.6
127.5
114.0
121.7
118.2
113.4
93.2

113.9
115.1
102.5
116.0
127.2
115.4
118.0
123.1
113.2
87.8

110.4
114.3
100.6
116.2
127.3
113.0
117.5
118.3
110.1
82.3

115.9
115.7
100.3
114.9
129.2
111.8
112.3
119.8
110.6
82.7

116.9
118.0
101.1
116.5
130.9
112.6

118.1
119.3
102.8
116.0
130.5
112.8

119.0
110.2
70.5

118.3
109.9

21

1.63

96.5

96.2

96.1

104.5

101.5

102.6

102.2

106.5

103.1

117.2

101.0

79.8

103.9

103.9 109.0
99.5
99.7
99.1
99.2
103.5 113.4
115.6 120.8
115.0 122.2
95.2 86.5
97.0 103.6
104.0 119.4
102.2 118.3

108.3
100.8
100.6
114.3
119.8
122.1
90.7
96.4
117.9
116.1

110.6
102.2
101.4
114.6
123.4
125.0
90.4
103.1
118.8
117.4

112.0
104.6
104.1
111.1
121.9
120.6
95.1
101.1
122.2
121.8

112.2
103.7
102.7
112.0
124.9
125.0
94.4
103.1
119.3
118.2

112.8
104.1

112.3
100.2
100.6
115.8
132.5
139.4
91.4
98.2
120.7
119.0

115.1
103.7
104.5
113.9
131.8
129.8
93.6
110.4
121.8
121.7

110.0
102,7
102.9
112.5
117,7
115.8
93.9
103.3
119.7
117.0

101.0
96.7
94.7
115.5
111.5
114.2
84.0
89,4
107.5
96.4

105.8
103.9

113.2
125.8
126.9
97.2
104.5
119.4
118.8

113.8
102.2
102.5
114.4
131.8
139.8
91.4
105.9
121.3
121.4

112.5
105.6
103.7
97.7
89.3
118.8
119.4

20
'201 i

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

23

2.18

95.0

96.8

96.8

96.9

96.8

97.0

96.7

100.1

100.1

98.8

97,5

96.3

92.8

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

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

95.8 105.5
94.3 I 96.8
83.0 82.0
96.8 111.9
89.5 100.6
86.2 89.8
94.5 134.5

107.6
100.7
80.7
112.7
100.7
89.9
138.4

106.7
97.4
77.7
113.4
101.0
87.6
142.0

106.7
96.8
80.8
113.9
102.1
89.2
143.1

110.2
101.6
82.4
116.5
101.7
91.4
153.6

110.5
103.2
83.7
115.9
100.6
91.9
153.6

109.8
100.9
88.9
116.4
104.6
92.6
148.3

110.9
104.3
87.9
115.8
103.4
93.1
146.4

112.3
105.4
84.4
117.3
103.4
92.1
156.7

105,1
95.2
81.3
112.4
102.3
87.7
138.8

102.5
93.4
79.8
109,2
99.5
82.3
125.7

106.1
98.6
77.1
111.6
96.8
88.2
137.1

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




1995
Jan/

113.4
126.4
105.7
129.3
153.0
81.3
113.5
104.9
128.0
137.6
123.1
93.1

22
Textile mill products
habrics
221-4
Cotton and synthetic
221,2
Marrow fabrics
224
Knit goods
225
Knit garments
2253,4,7-9
Fabric finishing
226
Carpeting
227
Yarns and miscellaneous
228.9 |
Cotton and synthetic yarns 2281,2,4
Apparel products

geliisclial^^

12

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

SIC

1992
Value
Index
added1

Seasonallvadiusted
1994
Aug.

Sept.

Oct.

r

Nov.

Not seasonally adjusted
Dec/

1995 1994
Jan.r . Aug.

Sept.

Oct.

Nov/

Dec/

1995
Jan/

25
251

1.37
.63

99.1
97.4

115.5
107.9

112.4
106.7

114.8
108.8

113.0
107.5

114.4
108.9

115.3
111.2

120.6
111.8

118.4
111.1

116.3
110.7

112.8
107.6

112.8
108.0

110.3
105.3

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

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

108.9
110.4
109.9
109.8
111.8
107.7
112.3
105.0

120.2
121.4
114.2
120.5
125.5
119.3
126.5
115.4

118.7
119.6
114.5
116.7
126.6
117.6
125.6
113.2

118.9
118.6
114.9
115.2
126.2
118.7
130.7
112.3

121.3
120.6
112.8
120.1
124.2
121.6
129.1
117.5

121.5
119.5
111.4
119.6
121.9
123.0
133.8
117.1

118.4
116.9

118.9
119.5
111.2
117.2
126.5
118.2
127.2
113.3

121.4
119.1
113.7
117.2
124.3
123.0
142.4
112.5

120.0
121.1
112.7
121.0
124.0
119.0
122.2
117.1

114.5
116.3
112.6
114.8
120.2
113.0
114.8
111.9

120.4
118.9

115.4
121.8
119.2
130.6
113.1

120.7
120.0
111.2
119.3
124.0
121.0
128.9
116.7

118.0
122.6
121.3
131.3
115.8

6.77
1.63
2.03
3.12

97.2
77.0
102.9
105.6

101.5
74.1
106.8
11-5.3

100.9
74.1
106.0
114.5

101.4
74.1
103.9
117.0

102.0
74.6
104.1
118.0

101.6
74.0
103.7
117.9

101.4
74.0
102.8
118.0

107.2
71.2
106.9
130.7

106.9
73.2
105.5
129.7

102.2
74.7
100.9
120.6

100.5
76.1
102.6
114.4

99.7
75.3
105.3
111.3

96.8
71.9
102.4
108.7

28

9.88

114.7 •124.7

123.7

123.8

126.2

128.2

128.4

131.0

130.5

125.3

123.5

122.6

122.1

281,2,6
281
2812
2816
2819

3.84
1.00
.08
.12
.67
.39

113.4
117.1
105.4
114.2
121.1
118.2

125.4
122.1
115.5
126.5
121.7
128.6

124.8
122.7
118.7
127.4
122.1
128.4

124.3
122.1
118.6
120.9
122.4
128.9

126.2
124.4
121.2
123.0
124.9
131.4

127.7
122.1
118.1
114.6
123.3
131.3

125.9
123.4

124.5
122.7
117.1
123.3
122.9
131.3

125.9
124.4
117.7
127.8
124.5
133.8

125.2
123.4
118.5
114.8
125.8
133.0

126.2
124.2
121.2
120.5
124.9
133.6

124.8
118.9
119.1
111.8
119.4
123.7

123.9
120.6

282
2821
2823,4
286

1.27
.78
.38
1.57

110.4
112.0
105.9
113.9

128.1
127.3
127.1
125.5

125.3
125.5
120.5
126.0

123.4
122.5
122.6
126.8.

127.5
129.7
121.2
126.7

133.2
137.9
122.1
126.8

127.0

127.2
127.8
121.4
126.2

125.2
124.6
124.0
126.8

126.1
128.2
119.9
127.8

125.1
128.9
116.5
128.5

123.1

116.8
126.8

125.9
125.5
124.8
124.8

283-5,9
283
284
285
287

5.53
2.92
1.59
.43
.52

115.2
128.6
109.3
95.0
119.7

123.9
142.3
112.7
103.4
133.0

122.4
141.2
108.5
103.9
131.9

122.3
142.9
104.9106.2
134.5

125.3
146.7
107.5
107.6
137.3

128.1
150.3
112.1
108.2
135.9

129.3
152.3
111.7
108.2
136.3

135.7
157.5
123.0
112.0
130.1

133.7
158.2
116.5
108.7
131.9

124.5
146.7
105.7
107.9
135.4

120.4
141.6
104.4
93.3
137.6

119.9
142.5
106.1
79.7
135.7

119.6
139.0
105.4
91.2
137.1

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

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

102.1
104.3
105.1
109.0
100.8*
101.0
103.2
90.4

105.2
106.1
104.7
118.2
98.0
113.8
101.4
99.5

105.3
106.4
105.1
119.3
95.3
106.4
103.1
98.9

104.0
104.7
109.4
111.4
88.3
106.1
101.3
100.5

107.6
108.5
108.7
112.1
90.2
104.5
109.1
103.7

107.7
108.0
111,4
112.8
91.4
109.9
105.6
108.6

107.5
107.2
110.4
113.9
100.6
101.3
105.1
111.6

109.9
110.0
119.9
116.9.
93.6
113.0
104.1
110.5

109.4
109.3
117.5
120.5
91.4
106.1
103.8
111.5

106.3
105.7
109.9
117.5
85.4
104.2
101.4
111.6

109.6
109.4
101.0
120.0
94.5
106.1
110.5
112.4

108.0
108.9
96.6
118.6
98.6
114.3
110.0
104.3

100.3
102.0
89.4
110.1
102.5
105.0
103.4
91.3

Rubber and plastics product s
30
iires
301
Other rubber products
302,5,6
Plastics products, nee
308

3.50
.39
.58
2.53

115.6
120.5
105.7
117.3

134.5
126.2
122.9
138.7

134.7
123.2
121.3
139.5

136.7
133.9
122.3
140.4

138.3
136.7
123.1
141.9

140.1
139.2
125.5
143.7

140.7
139.3
126.8
144.2

135.2
125.9
126.5
138.5

136.9
125.0
127.0
141.0

139.2
143.7
125.4
141.9

138.2
129.4
122.9
143.2

138.2
117.9
122.2
145.1

138.6
143.2
120.0
142.5

31
314

.27
.12

89.0
81.8

85.5
77.7

85.4
77.4

85.6
77.4

84.5
76.1

84.4
77.1

83.7
76.2

87.3
80.5

87.5
79.2

87.4
78.2

86.2
77.1

84.9
77.9

81.9
75.9

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

2.07
.35
.18
.13
.10
1.18

95.3
100.2
93.5
91.7
87.8
92.3

105.8
99.4
90.6
105.2
103.3
101.7

105.8
100.8
93.6
104.1
102.6
101.1

105.4
97.3
88.2
102.9
102.5
101.5

106.9
101.4
95.2
103.8
102.6
102.0

110.0
101.0
93.6
114.0
102.1
105.7

109.7
103.2
97.6

110.4
103.7
95.6
126.0
108.3
104.4

108.4
99.6
90.9
124.0
106.8
102.1

110.1
101.1
92.7
125.5
108.5
104.4

107.5
99.0
89.3
102.5
104.4
104.0

104.2
85.6
68.7
82.7
95.8
105.6

102.6
95.8
89.3

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

Printing and publishing
27
Newspapers
271
Periodicals, books, and cards 272,3,7
Job printing
274-6,8,9
Chemicals and products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nee
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes

,:

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




13

130.2
122.1

102.0
104.8

123.5
119.4

113.4
127.0

92.4
101.9

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

Index. 1987 = 100

1992
Value
Index
SIC added1

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

Seasonallvadiusted

~~
Not seasonally adjusted

Sept.

Oct.

Nov.r

Dec.r

1995
Jan.r

1994
Aug.

Sept.

Oct.

Nov/

Dec/

1995
Jan/

3.10
1.75
1.33
.30
.18
.09

33
331,2
331

1994
Aug.

101.9 113.5
105.1 113.0
106.9 | 114.1
102.4 104.9
106.9 110.2
101.2 107.0

116.0
118.2
120.0
105.3
108.9
109.9

115.9
118.8
121.2
106.5
111.5
109.0

119.1
121.9
124.6
110.2
115.5
114.2

123.5
130.3
134.3
116.6
122.9
121.9

119.4
124.9
127.4
111.2
116.8
114.6

111.6
110.6
112.2
102.9
108.4
104.2

117.3
119.8
121.5
105.0
108.8
108.8

116.9
119.9
121.7
106.6
111.2
109.7

117.7
121.3
123.0
110.0
116.3
111.9

117.6
122.7
125.4
112.9
120.1
114.4

117.8
121.8
125.6
111.7
117.4
115.1

108.4
98.0
93.6
108.8
93.4
116.3
99.0

116.9
121.0
94.0
121.8
91.1
122.4
109.1

124.5
128.4
107.9
137.1
95.2
127.4
112.5

125.8
120.9
112.0
135.3
97.3
131.3
111.0

129.0
132.1
113.7
142.2
107.3
131.1
113.2

139.8
159.1
117.6
155.1
137.2
136.2
118.5

132.5

126.6
131.3
105.9
142.8
93.8
129.8
114.1

126.3
127.5
109.6
142.5
87.6
130.3
114.1

127.0
131.0
111.8
144.7
97.0
128.7
115.4

129.3
125.6
109.9
140.5
155.3
130.3
114.1

130.0

116.9

115.1
117.1
89.4
124.2
95.8
120.4
105.3

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

332

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

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.35
.20
.06
.09

97.6
117.1
124.8
120.5

113.6
117.0
142.4
97.2

112.7
115.7
136.4
97.8

111.8
114.8
134.3
97.4

115.2
114.4
131.2
97.4

114.8
114.6
132.0
98.8

112.2
116.3
136.5
98.8

112.2
113.2
141.4
96.6

113.7
115.9
138.4
97.1

112.5
116.2
134.8
97.6

112.9
115.3
134.6
98.1

110.7
114.4
131.5
98.7

112.5
116.8
134.0
98.9

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.96
.73
.28
.23

89.2
89.0
88.5
89.9

108.1
107.9
114.8
108.7

107.0
105.7
110.0
110.8

106.1
104.5
102.4
111.0

110.3
109.5
117.2
113.0

109.4
108.0
108.6
113.8

106.0
102.8
98.8
116.1

107.2
107.3
114.4
106.9

107.8
106.7
109.1
111.2

106.5
104.8
103.3
112.0

106.9
104.6
103.2
114.1

104.7
101.1
92.8
116.4

106.9
104.2
102.6
115.6

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

5.02
.22
.54
.47
1,28
2.79
1.55

98.8
107.9
94.3
92.2
94.8
101.2
102.8

112.4
110.8
103.4
101.3
107.6
117.4
123.1

111.6
108.8
102.0
99.7
107.9
116.1
120.8

112.2
111.6
100.9
98.4
109.1
116.6
121.0

113.3
112.2
103.1
100.4
109.9
117.6
121.8

114.8
122.3
104.4
101.7
110.6
119.2
125.1

115.8
119.6
102.7
99.6
113.4
119.9
125.0

114.9
129.9
107.4
105.6
110.2
118.2
125.7

115.1
114.7
107.6
105.7
111.0
118.8
125.7

114.4
100.9
103.6
101.2
112.1
119.0
125.1

113.9
97.9
102.8
99.6
112.4
118.6
122.7

114.1
105.2
101.5
98.0
114.0
118.1
119.9

110.8
105.3
96.7
93.2
110.6
114.9
115.3

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

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

124.6 162.6
99.9 117.8
114.3 154.3
99.6 119.8
106.0 129.5
102.7 126.6
109.0 115.5
96.0 99.5
115.3 123.2
172.8 288.9
106.7 145.0
112.4 128.4

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

166.5
117.9
157.6
120.7
131.9
130.0
120.3
100.1
130.1
300.5
149.6
127.0

167.5
121.1
154.2
120.9
130.7
132.5
117.9
98.8
127.1
305.7
148.6
130.6

169.2
119.5
153.3
120.8
132.9
134.7
119.0
101.6
127.4
311.9
143.1
135.8

172.3
123.0
154.0
123.3
135.7
136.0
120.8
101.9
130.0
317.9
149.5
136.5

167.8
113.9
141.9
118.2
139.0
124.1
120.0
96.9
131.1
310.1
142.9
139.7

169.3
117.4
152.0
118.9
139.3
127.9
123.6
99.1
135.4
307.7
145.6
136.9

167.1 163.0
118.5 123.3
151.0 150.8
120.8 120.3
132.8 128.3
129.5 133.9
120.4 116.7
99.3 100.2
130.5 124.7
310.9 295.5
140.8 132.4
128.7 127.4

164.0
125.4
153.6
124.0
126.6
139.3
116.0
104.7
121.4
299.7
126.1
128.4

164.3
123.2
157.2
123.6
126.1
136.9
115.1
102.8
121.0
299.2
136.6
125.4

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

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

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

121.9
103.2
98.7
106.6
95.7
112.4
108.3
107.5
98.5
102.3

164.1
114.0
107.5
131.6
112.1
163.4
128.5
126.3
110.5
122.3

165.0
112.6
105.9
126.6
125.0
134.6
122.5
125.8
110.8
120.4

166.9
112.1
101.4
120.1
110.8
114.3
119.9
126.4
113.3
121.7

168.8
112.4
100.7
119.2
115.4
115.3
108.8
127.2
113.4
125.3

172.5
111.2
101.0
128.0
129.9
129.3
118.6
131.0
113.1
137.9

173.4
110.9
98.1
122.8
110.2
128.7
122.2
125.3
116.5
114.1

164.8
119.3
116.5
128.3
114.1
135.9
130.0
129.6
111.5
119.4

168.2
118.0
113.6
131.1
125.1
140.5
123.2
133.0
118.6
120.2

169.2
112.7
104.1
130.2
132.2
122.4
129.8
133.3
124.4
132.7

170.5
110.0
98.8
115.9
121.0
98.9
106.1
126.2
124.9
118.9

173.6
107.7
97.9
110.5
106.1
90.2
98.1
126.7
117.0
126.4

170.4
106.2
92.5
119.5
114.8
115.0
119.6
123.5
109.5
113.4

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

365
366
367
369
3691

.21
1.61
2.71
.68
.11

128.4 133.7 127.9 118.6
122.4 155.9 156.7 159.8
146.4 235.1 239.2 244.1
109.9 131.6 135.7 135.6
92.7 98.4 121.3 115.7

125.3
163.7
247.9
134.0
107.5

121.5
167.8
252.8
139.9
122.4

125.0
166.4
258.4
138.4
104.4

148.6
154.8
234.1
133.5
108.8

151.7
156.3
239.1
142.2
148.2

132.8 132.4
159.9 167.0
245.4 250.9
141.3 139.9
135.8 120.5

119.6
174.6
257.8
143.6
125.0

115.8
165.0
257.1
137.1
97.8

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

37
371

3714
3716

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

105.1
107.4
89.5
121.1
123.1
125.6
120.1
114.4
87.8

109.5
138.1
104.3
178.0
182.7
189.0
174.7
143.9
122.9

108.8
137.4
102.6
174.9
177.9
181.5
173.4
145.2
135.8

109.0
138.4
105.6
171.5
173.9
175.5
172.0
146.9
146.1

110.5
141.4
106.9
178.6
181.2
185.8
175.5
149.5
129.3

111.9
144.6
114.2
175.8
177.7
187.3
165.2
151.8
136.2

112.5
146.1
117.7
176.0
178.2
184.6
170.1
152.1
135.1

107.9
136.4
100.1
183.1
188.0
196.4
177.3
140.6
122.1

110.8
141.0
108.4
178.4
181.4
188.0
172.9
146.8
132.1

114.6
149.0
120.6
192.1
195.5
202.5
186.5
146.3
154.7

110.6
140.4
106.9
173.1
176.1
181.8
168.7
150.9
105.9

107.6
133.4
100.1
147.9
148.7
154.3
141.6
155.2
101.9

108.9
138.4
106.4
162.7
164.7
168.0
160.5
152.1
123.7

372-6.9
372
373
374-6,9

4.82
2.95
.51
1.36

103.0 1 82.3
108.3 76.6
97.2 93.0
95.2 89.4

81.4
75.7
92.8
88.7

80.8
75.9
91.9
86.5

80.9
75.7
93.5
86.5

80.6
75.4
95.4
85.5

80.4
74.3
95.4
86.5

80.6
74.9
90.4
87.9

81.9
76.5
91.7
88.9

81.6
75.8
92.4
88.9

82.1
76.7
94.0
88.1

82.9
77.8
96.9
87.8

80.6
75.1
94.6
86.3

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

I
I

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




14

109.6

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

1992
Seasonallvadiusted
1994
Value
1
Index . AUQ. . SeDt. , Oct. Nov/ Dec/
SIC added

Not seasonally adiusted

1995^ 1994
Jan/
Aua

Seot.

Oct.

Nov/

Dec.r

1995
Jan/

38
381-4
384

5.37
4.34
1.55

106.3
106.4
137.5

108.7
108.8
162.6

108.0
108.0
160.3

108,2
108.4
159.8

107.7
107.8
156.5

109.1
109.4
162.2

109.4
109.9
166.0

110.2
111.1
174.4

111.5
112.2
174.9

109.2
109.6
165.2

107.7
107.7
154.7

108.5
108.6
154.3

107.1
107.1
154.1

l/fisc. mariyfactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.32
.67
.65

106.3
105.2
107.5

117.1
110.7
124.0

117.0
110.4
124.0

118.4
111.2
125.9

118.6 117.6
111.7 111.5
126,Q, 124.2

118.9
112.3
125.9

118.2
110.7
126.1

119.6
112.8
126.9

122.9
116.9
129.2

122.6
117.6
127.8

1t8.9
112:3
125.9

115.4
108.3
123.0

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

49153pt

6.14
2.63
1.32
1.31

111.7
111.3
103.6
121.4

118.4
116.6
108.6
127.0

117.1
116.2
106.0
129.3

117.9
117.4
107.7
130.0

117.5
117.5
103.5
135.1

116.6
114.4
101.2
131.0

118.0
116.7

130.9
126.8
123.0
132.6

120.1
114.8
108.6
123.1

109.6
105.9
101.5
112.0

109.7
110.8
98.7
126.2

118.0
117:1
101.7
136.3

125.4
123.1

3.51
1.43
2.08
1.21
.87

112.0
109.9
113.4
112.8
114.2

119.8
118.5
120.6
121.5
119.3

117.8
114.9
119.8
119.3
120.4

118.2
115.8
119.9
120.1
119.4

1-17.6 118.2
114.2 114.4
119.9 120.8
120.7 121.4
1.18.8 119.8

119.0

124.2
120.3
126.9
129.2
123.4

112.4
101.0
120.4
119.5
121.6

108.9
100.2
115.0
113.0
117.6

118,7
121.0
117.1
117.7
116.1

127.1

121.6

133.9
136.3
132.1
136.3
126.3

1.57
.64
.28
.46

112.7
108.7
115.4
114.5

120.4
110.5
129.0
124.3

114.2
104.7
119.4
119.2

114.4
104.2
122.1
119.0

112.3
103.0
116.6
116.5

112.7

114.4

69.7
34.4
64.5
97.8

67.1
36.8
61.8
91.1

84.8
61.5
85.0
101.8

116.7
109.6
122.5
119.8

165.1

195.1

Nov/

Dee/

Iostru merits
Scientific and medical
Medical instruments

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

492,3pt

119.5

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

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

Q4

1994
Q1

Q2

Q4r

Q3

1994
Sept.

Oct

1995
Jan/

Feb/

1707.0 2006.3

1908.5

1944.8

1975.9

1993.0 2012.6 2038.4 2015.6 2020.4 2037.2 2057.7 2062.6 2073i

1314.6

1576.4

1501.3

1531.7

1556.9

1564.2 1580.0 1599.3 1584.2

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

982.5
272.5
143.1
129.3
710.0

949.9
251.0
120.6
130.3
699.0

964.9
266.1
135.9
130.2
698.8

977.8
274.7
146.4
128.3
703.1

978.7
268.5
138.7
129.8
710.2

982.6
271.0
139.9
131.0
711.6

988.0
274.6
145.3
129.2
713.5

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

593.9
575.0
509.8
65.2

551.4
533.8
462.8
71.0

566.7
548.9
479.5
69.4

579.1
560.4
493.0
67.4

585.5
566.4
499.9
66.5

597.4
578.5
514.7
63.7

392.5
162.7
229.8
60.3

430.0
174.5
255.5
70.2

407.2
162.4
244.8
67.5

413.1
166.6
246.5
68.0

419.0
168.4
250.6
70.0

428.8
173.1
255.7
70.3

432.6
176.4
256.2
70.5

Final products

Intermediate products
Construction supplies
Business supplies
Commercial energy products

1584.4

1598.4

1615.2

1619.4

1629.C

981.5
270.6
141.1
129.5
710.8

977.0
270.3
141.6
128.7
706.7

988.5
273.8
145.0
128.8
714.7

998.6
279.6
149.4
130.2
719.0

996.3
280.7
150.1
130.6
715.6

1003.S
281 i
151.$
129.S
721.^

611.3
592.3
528.9
63.3

602.7
583.4
520.1
63.3

607.3
588.4
525.1
83.4

609.9
591.2
527.8
63.4

616.6
597.2
534.0
63.2

623.1
603.6
540.8
62.8

626.'
606."
544.:
62.^

439.1
180.2
258.9
69.9

431.4
177.5
253.9
69.1

436.0
178.9
257.2
69.8

438.8
179.0
259.8
89.4

442.5
182.6
259.9
70.5

443.2
183.6
259.7
69.8

444."
183J
26Q.«
70."

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One month Earlier
1993
1994
1995
Three Months Earlier
1993
1994
1995
Six booths Earlier
1993
1994
1995

Jan.

Feb.

Mar.

Apr.

May

June

July

Auq.

Sept.

Oct.

Nov.

Dec.

60.8
47.8
51.2

60.4
58.0

47.5
69.0

51.0
55.5

48.2
66.7

56.5
56.5

57.3
58.0

54.9
51.8

55.3
47.3

52.9
57.6

61,2
62.2

62.0
67.5

59.2
62.0
87.5

61.6
59.2

59.2
64.3

50.6
67.8

44.3
71.8

53.3
64.7

58.0
85.5

60.0
60.4

56.5
81.2

55.7
59.2

58.4
58.4

86.7
71.0

58.8
60.0
64.7

70.6
66.3

63.1
71.8

83.9
67.8

56.9
71.0

58.4
66.3

58.0
72.9

52.5
89.4

56.1
85.9

62.4
65.9

64.3
65.5

69.0
71.8

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
1987
Billion
1987 SIC I KWH

1994
Aug.

Sept.

Oct.

Nov/

850.7

115.4

115.5

115.5

116.5

Index. 1987 = 100
Not seasonally adjusted
I
1994
1995
Nov/
Oct.
Aug.
Jan.P
Sept.
Dec/
Dec/
117.4
115.2
116.8
118.3
119.8
119.5
114.8

776.5
351.3
425.2
74.2

115.7
109.5
121.3
111.6

115.8
109.4
121.5
111.4

115.9
109.5
121.7
109.1

117.0
110.1
123.2
109.6

117.4
111.4
122.7
109.1

118.8
112.7
124.3
110.6

120.5
112.9
127.3
109.8

120.1
112.8
126.5
110.9

117.9
111.1
124.0
109.4

115.6
109.1
121.4
109.7

114.9
108.5
120.7
112.7

114.5
108.1
120.2
113.6

INDUSTRY G R O U P S a n d SERIES
Metal m i n i n g
10
Iron ore
101
102
Copper ore

14.6
6.3
4.8

138.1
112.9
155.4

145.1
137.3
145.0

136.6
134.7
146.2

144.9
147.0
150.8

142.7
147.6
142.8

149.2
142.6
157.2

140.0
121.6
150.1

145.5
134.7
149.1

137.7
139.6
145.0

143.1
142.9
149.6

145.8
146.5
151.4

151.1
145.4
159.0

Coal mining

12

13.4

103.9

102.6

101.4

98.4

101.1

98.1

95.5

95.7

98.6

101.1

107.5

110.8

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
131 |
132

33.0
27.7
3.7

102.4
103.9
86.1

98.8
101.4
81.8

99.5
101.4
90.3

97.4
96.6
85.0

95.9
95.9
91.2

96.0
95.9
86.4

100.1
101.3
84.8

99.9
101.2
82.6

99.6
101.5
86.0

95.4
95.4
82.3

99.8
100.2
92.0

99.7
99.6
89.7

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

14
142
144
147

12.3
3.5
2.9
3.9

114.6
136.1
131.4
94.8

116.0
122.7
125.8
106.1

111.7
138.8
120.3
93.3

114.6
142.2
119.2
95.4

113.9
138.6
118.6
102.0

119.4
149.3
121.3
108.6

118.9
146.0
144.2
96.7

119.7
134.3
135.2
105.3

116.0
150.0
131.1
93.6

118.7
153.8
129.0
95.1

114.2
140.2
118.2
102.0

109.1
121.2
102.2
105.2

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

20
201
202
203
204
205
206
207
208
209

52.9
8.7
6.5
6.6
10.9
3.3
3.7
3.4
5.9
3.9

121.2
133.8
110.0
123.4
129.3
127.9
139.3
148.5
108.2
106.5

122.2
135.8
109.8
123.1
128.4
131.1
138.3
136.8
112.6
107.3

120.9
136.7
108.5
119.5
127.8
128.9
138.6
142.5
105.7
104.7

123.6
138.1
110.2
125.6
131.9
128.7
149.2
137.7
109.4
105.0

124.0
139.5
112.8
126.9
131.7
130.0
146.1
132.6
108.5
106.8

125.8
142.4
117.7
128.4
131.7
132.5
154.3
142.0
107.9
106.2

132.0
146.6
119.8
144.6
133.2
141.2
135.5
141.1
123.6
117.4

134.1
148.6
117.7
149.6
134.0
143.8
138.7
136.4
127.3
117.5

126.6
139.8
107.3
139.3
132.6
133.0
148.9
141.1
111.0
109.6

123.8
135.9
105.0
127.8
135.1
126.1
173.5
143.8
105.9
104.3

120.2
133.7
106.2
117.7
132.6
123.3
167.8
142.7
99.9
102.1

119.0
133.6
109.8
113.1
129.4
122.7
163.1
152.1
97.0
99.7

21

1.7

83.8

81.6

81.8

84.3

86.6

91.3

92.5

90.9

88.9

81.1

82.2

81.8

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

116.9
106.2
141.1
125.4
118.6
124.8

115.3
104.0
141.1
122.5
116.4
127.3

118.1
105.5
144.6
121.2
124.6
124.8

119.4
107.9
139.5
125.7
123.0
131.0

118.2
103.9
144.6
121.4
124.2
130.3

124.7
111.4
146.8
127.4
133.7
134.4

131.5
119.9
161.2
132.0
134.6
140.8

127.4
114.5
160.8
131.2
128.6
139.9

122.8
109.5
149.9
126.1
130.2
129.7

115.0
103.5
133.8
123.6
117.6
127.1

111.0
97.3
132.0
118.9
116.4
123.6

104.3
92.9
119.7
110.4
108.4
118.3

23
231,2
233

6.6
1.9
1.9

101.3
105.5
85.9

101.4
105.2
84.7

103.9
113.7
87.0

107.5
120.4
86.0

109.6
123.8
91.8

109.5
123.1
91.2

120.1
127.8
103.0

120.1
128.5
101.2

107.8
118.1
90.2

101.8
113.1
80.5

98.6
103.6
81.8

94.3
103.0
79.7

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

119.7
106.9
111.6

119.6
108.5
109.9

118.9
109.0
109.9

121.3
114.2
110.1

119.8
110.7
109.5

122.8
114.1
112.0

119.0
105.5
109.9

120.9
109.3
111.1

117.8
108.3
109.2

121.6
115.1
111.5

120.4
111.6
109.8

123.5
115.2
112.3

Furniture and fixtures
Household furniture

25
251

5.7
3.2

120.8
111.7

119.4
111.8

121.5
113.5

122.6
114.4

122.1
114.6

123.6
116.1

128.3
117.5

127.0
116.8

124.1
116.4

120.8
113.2

120.0
113.7

117.3
110.9

Paper a n d p r o d u c t s
Wood pulp
Paper
Paperboard
Paperboard containers
Converted paper products

26
261
262
263
265 |
267

122.4
97.0
7.1
104.0
51.6
120.8
26.0 I 129.9
4.5
129.3
122.7
7.6

120.5
95.9
119.8
127.1
126.7
119.0

120.9
96.5
119.4
127.2
125.2
125.4

118.8
96.2
116.1
130.6
131.5
116.1

120.2
100.9
117.2
132.9
128.3
119.3

120.2
124.7
105.2
104.6
122.5
117.8
130.4
128.8
129.2 i 133.8
116.2
127.3

121.5
95.9
118.8
128.3
132.8
125.9

121.5
99.3
119.4
129.0
125.4
127.6

119.2
99.9
116.7
129.6
129,5
116.5

119.8
99.5
117.4
134.2
125.6
116.7

120.6
106.2
120,0
129.6
123.9
111.5

Printing and publishing
Newspapers
Commercial printing

27 i
271
275

15.7
3.4
8.2

134.2
121.1
138.5

132.7
120.7
136.7

136.1
120.4
138.8

136.2
122.2
140.3

136.1
124.6
140.3

135.0 | 151.3
120.2
135.5
142.0
156.5

149.0
132.9
154.7

139.8
122.8
143.3

131.6
116.4
136.5

129.1
118.9
132.8

125.6
114.6
130.4

146.2
61.8
14.1
29.1
10.9
18.2

123.3
126.7
106.7
147.9
104.5
178.8

124.4
128.8
104.9
157.1
105.0
194.0

124.6
129.8
110.7
155.3
102.5
192.8

127.8
134.0
108.2
158.6
104.6
196.9

126.1
131.6
110.8
158,4
105.9
105.7

125,7
129.7
103.1
1 55.6
104.6
1S1.8 !

126.4
128.4
105.7
151.8
103.9
185.7

126.5
132.4
109.2
158.6
102.4
198.4

125 1
131 "
106 5
155 0
103 5
101 t>

12f 1
:3! 7
\}Qb
1HJ8
«so7
1% f

124 "*
120 9
102 7
15 ,2
108 4
191 /

;

item
Total

M A J O R INDUSTRY G R O U P S
Manufacturing
Durable
Nondurable
Mining

Tobacco products
Textile m i l l p r o d u c t s
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles
Apparel products
Men's outerwear
Women's outerwear

Chemicals and prodoets
Basic chemicals
Alkalies and chlorine
Inorganic chemicals, nee
Acid and fertilizer materials
Nuclear materials, nondefense




28
281
2812
2819

Seasonallvadiusted

16

126.6
128.4
106.8
148.1
108.9
177.3

1995
Jan.P
11-4.4

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING

Item

1987 SIC

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

I
1987 I
1994
Billion
Aug.
KWH

Index. 1987 = 100

l

Seasonallvadiusted

Not seasonally adjusted

r

1994
Aug.

Sept.

Oct.

Nov/

Dec.r

1995
Jan.P

Sept.

Oct.

Nov/

Dec.

1995
Jan.P

116.6
121.4
5.5 I 125.1
3.1 | 116.0
112.4
36.0
8.5 127.3

116.4
121.0
124.0
111.7
114.7
125.6

115.2
118.4
127.0
108.1
108.7
127.3

115.9
118.3
131.3
1-10.8
114.2
128.8

114.7
118.7
134.3
115,6
114.5
126.2

116.9
120.0
134.8
115.1
114.6
127.0

120.8
124.2
139.7
126.7
115.5
125.6

120.4
126.1
140.2
120.0
121.0
125.7

115.2
118.3
129.0
108.9
113.4
127,6

113.7
118.0
125.3
107.6
112.9
128.2

112.3
116.9
126.0
109.4
113.3
128.2

114.0
118.4
122.9
108.7
114.0
128.5

26.5
14.2

29

40.1

106.0

107.2

105.7

106.2

105.0

112.7

111.5

110.9

105.8

104.0

106.4

111.7

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

30
301
306
308

33.1

24.9

139.9
114.2
115.2
146.8

139.9
113.2
116.0
147.6

139.6
115.6
116.6
145.9

140.9
118.9
115.9
146.9

142.5
121.9
119.1
148.0

143.5
145.8
119.2 j 124.9
121.2
119.0
150.1
151.8

147.0
123.2
121.1
154.1

143.9
120.1
119.4
150.3

140.7
118.6
115.8
146.9

137.1
110.9
116.2
143.3

133.1
109.7
115.5
138.6

Leather a n d p r o d u c t s
Shoes

31
314

1.0
.4

97.4
89.7

99.6
93.4

98.1
94.3

97.0
92.9

98.8
99.3

100.3
99.7

105.7
102.1

107:6
103.0

98.1
93.7

95.1
90.4

94.6
91.6

94.1
90.2

S t o n e , clay, & g l a s s p r o d u c t s
Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

32
321
322
324
325
327

33.8

106.9
112.0
104.9
104.8
113.0
94.4

106.3
104.4
102.3
105.4
111.9
91.8

105.0
110.9
102.7
102.8
111.6
94.9

108.3
112.9
106.1
109.2
113.8
94.6

108.3
112.0
104.4
108.3
111.8
98.1

113.8
114.6
104.1
123.1
115.8
96.1

111.0
116.3
108.9
111.1
115.0
97,5

109.9
109.5
104.7
111.2
116.9
94.8

109.6
112.2
105.7
112.6
112.7
98.1

109.9
113.2
105.3
113.5
114.9
97.4

107.8
110.5
101.1
109.3
114.0
98.4

106.6
109.3
98.8
108:3
110.9
91-5

Primary metals
Basic steel and mill products
Iron and steel foundries
Primary nonferrous metals
Aluminum,
Nonferrous foundries

33
331
332
333

137.9
54.4

107.1
117:8
116.4
84.5
75.7
124.7

107.5
118.9
121.6
83.5
75.1
122.0

108.1
119.1
121.3
84.9
75.5
121.2

107.2
119.4
124.3
82.4
75.2
122.6

109.6
121.2
128.9
84.8
77.9
125.0

110.2
123,3
128.1
85.9
78.3
124.4

107.5
117.4
114.7
85.6
76.5
125.4

107.5
118.8
124.4
82.7
73.8
125.6

109.4
120.0
124.6
86.1
77.1
124.5

107.4
119.9
126.2
82.2
74.3
123.9

108.6
118.6
124.9
86.2
78.3
122.0

109.3
122.3
120.2
86.2
78.3
118.0

115.2
130.0
115.6
106:2
111.0
130.6

115.3
131.1
113.6
106.1
110.5
127.6

115.0
135.4
110.7
113.1
111.2
126.4

115.2
134.5
114.5
112.4
109.3
127.0

117.8
133.5
•1.16.0
114.3
114.2
1331

117.5
138.8
113.3
115.6
111.1
131.0

118.2
134.2
120.5
106.9
117.2
131.5

120:3
135.7
120.5
110.9
116.3
132.7

116.8
134.4
113.8
112.7
115.5
130.7

114.7
130.3
113.6
112.9
108.7
128.3

113.0
125.6
111.8
111.0
107.7
127.7

110:4
130.8
105.9
111.8
102;9
119.4

114.4
122.8
137.0
93.9
13.1.9
112.5
112.6
92.4
145.3

113.8
116.9
138.7
94.3
134.6
110.6
115.4
92.6
146.8

114.2
117.5
146.7
93.6
135.0
110.8
118.8
89.7
148.9

114.9
117.8
152.0
95.4
133.7
106.4
116.1
92.0
149.5

115.6
118.9
154.5
96.3
135.9
113.3
116.4
91.2
149.0

116.3
,120.0
146.3
100.0
138.9
114.4
118.9
89.9
151.3

121.2
130.4
137.1
97.5
141.5
120.8
119.7
99.2
156.5

121.5
122.4
146.6
100.9
143.7
118.3
123.5
96.4
157.2

115.6
117.3
143.1
95.9
135.8
111.6
119.1
92.8
150.9

112.4
114.9
147.2
94.9
131.2
105.1
113.8
89.0
144.9

110.3
112.9
143.5
93.2
129.4
108.9
110.9
87.6
139.6

108.7
114.3
147.9
92.6
128.9
106.6
110.6
84.7
138.2

111.9
83.8
113.1
99.4
2.9 ! 113.0
.6 j 147.9
3.1
91.0
122.7
12.8

109.6
82.5
111.5
96.2
109.9
146.4
•9.0.6
119.4

110.4
78.9
113.1
98.7
113.6
146.1
91.4
120.9

110.5
78.2
113.8
99.0
112.9
151.3
91.0
119.6

111.5
78.4
111.0
94.6
116.8
145.7
95.8
122.3

113.6
75.2
112.9
101.7
116.1
148.9

118.7
90.8
116.1
105.2
112.9
159.1
96.2 I 99.0
127.2
130.6

117.9
88.4
115.6
103.4
116.7
157.0
99.5
128.5

112.3
80.9
112.5
99.9
115.2
150.8
92.9
122.5

108,3
76.7
111.1
94.6
111.7
149.9
88.2
117.0

107.5
75.8
107.4
86.9
112.0
143.1
"91.7
118.3

106.4
70.9
108.8
94.7
106.9
141.1
88.9
119.4

101.6
98.7
96.4
103.9

102.6
100.9
92.4
104.0

102.9
102.7
92.1
105.4

105.3
105.2
93.5
102.6

105.1
107.2
90.1
106.2

105.4
108.9
106.6 I 106.3
92.2 102.4
107.2 105.4

108.2
107.1
97.0
104.4

104.8
104.9
94.2
101.0

102.6
102.6
90.9
102.0

99.5
100.5
86.3
106.3

98.9
98.7
87.4
108.1

Petroleum products

3.6
3.1

1.7
6.7
10.1

1.6
5.1

9.9

3334

55.8
5.1,2"

336

2.7

34
341
342
344
345

31.5

F a b r i c a t e d metal p r o d u c t s
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings

346 |

2.5
2.7
5.6
1.7
7:1

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

358 i

2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

Electrical m a c h i n e r y
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
TV and radio sets
Communication equipment
Electronic components

36 |

31.3

361
362
363
364
365
366
367

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

37
371
372
373

38.3
21.9
10.1

Instruments
Photographic equip. & supplies

38
386

13.1

1.7

111.3
105.1

110.5
97.2

107.2
92.8

107.7
93.6

110.3
92.5

114.0
102.0

121.2
112.5

119.7
102.4

109.8
92.7

105.6
89.5

105.9
90.5

106.3
95.8

39

4,6

135.2

139.4

137.6

137.7

140.8

137.0

145.9

150.2

140.9

135.3

132.8

127.6

832.5
765.4
85.3

113.4
114.5
118.7

113.0
114.4
117.9

113.0
114.1
117.9

1.14.0
115.0
117.4

114.3
115.9
115.7

116.0
117.3
122.3

117.9
118.6
120.8

117.4
118.7
114.6

114.8
116.3
117.2

112.8
114.3
113.8

112.2
113.5
119.1

112.0
112.8
125.8

Miscellaneous manufactures
SUPPLEMENTARY G R O U P S
Total, excluding nuclear nondefense
Utility sales to industry
Industrial generation




35
351
352
353
354
355
356
357

33.4

1.4
4.1
2.5

2.1

17

!

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

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



18

Reliability. The average revision to the level of the total IP index, without regard to
sign, between the preliminary estimate and its third revision (or from the first and the
fourth estimates) was 0.35 percent during the 1972-92 period. The average revision
to the percent change in total IP, without regard to sign, from the first to the fourth
estimates was 0.26 percentage point during the same period. In most cases (about 85
percent), the direction of change in output indicated by the first estimate for a given
month is the same as that shown by the fourth estimate.
Rounding. In some cases, components may not add to totals because of independent
rounding. In addition, the published percent changes are calculated from unrounded
indexes, and may not be the same as percent changes calculated from the rounded
indexes shown in the release.
References. Industrial Production—1986 Edition contains a more detailed
description of the methods used to compile the index, plus a history of its
development, a glossary of terms, and a bibliography. To obtain Industrial
Production—1986 Edition ($9.00 per copy), write to Board of Governors of the
Federal Reserve System, Publications Services, Washington, DC 20551. The 1990
and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76 (April
1990), pp. 187-204 and vol. 79 (June 1993), pp. 590-605, respectively. The early
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6. The later 1994 revision to the index was described in the
Federal Reserve Bulletin, vol. 81 (January 1995), pp. 16-26.

Capacity Utilization
Definition. Capacity utilization is calculated for the manufacturing, mining, and
electric and gas utilities industries. For a given industry, the utilization rate is equal to
an output index divided by a capacity index. Output is measured by seasonally
adjusted indexes of industrial production. The capacity indexes attempt to capture
the concept of sustainable practical capacity, which is defined as the greatest level of
output that a plant can maintain within the framework of a realistic work schedule,
taking account of normal downtime, and assuming sufficient availability of inputs to
operate the machinery and equipment in place. The 75 individual capacity indexes
are based on a variety of data, including capacity data measured in physical units
compiled by trade associations, surveys of utilization rates and investment, and
estimates of growth of the capital stock.
Groups. Estimates of capacity and utilization are available for a variety of groups,
including primary and advanced processing industries within manufacturing,
durable and nondurable manufacturing, total manufacturing, mining, utilities, and
total industry. Component industries of the primary and advanced processing groups
within manufacturing are listed in the note on tables 2 and 3 of the release.
Weights. Value-added proportions are used to weight the individual capacity
indexes in aggregations in the same manner as individual IP series are aggregated to
the total index of industrial production. Although each utilization rate is the result of
dividing an IP series by a corresponding capacity index, aggregate utilization rates
are equivalent to combinations of individual utilization rates aggregated with
proportions that reflect current capacity levels of output valued in base-period
value-added per unit of actual output. The implied proportions of individual industry
operating rates in the rate for total industry for the most recent year are shown in the
first column of table 3.
Perspective. The historical highs and lows in capacity utilization shown in the tables
above are specific to each series and did not all occur in the same month. Industrial
plants usually operate at capacity utilization rates that are well below 100 percent:
none of the broad aggregates has ever reached 100 percent. For total industry and
total manufacturing, utilization rates as high as 90 percent have been exceeded only
in wartime.
References. The basic methodology used to estimate capacity and utilization is
discussed in the Federal Reserve Bulletin, vol. 71 (October 1985), pp. 754-66. The
1990 and 1993 revisions were described in the Federal Reserve Bulletin, vol. 76
(June 1990), pp. 412-35 and vol. 79 (June 1993), pp. 590-605, respectively. The
early 1994 revision to the index was described in the Federal Reserve Bulletin, vol.
80 (March 1994), pp. 220-6. The later 1994 revision to the index was described in the
Federal Reserve Bulletin, vol. 81 (January 1995), pp. 16-26.
Electric Power
Data on electric power (expressed in kilowatt hours) are collected by the Federal
Reserve District Banks from electric utilities and also from manufacturing and
mining establishments that generate electric power for their own use (cogenerators).
The indexes of power use shown in table 9 are sums of kilowatt hours used by an
industry or industry group expressed as a percentage of that industry's or group's
usage in 1987. The first column of the table shows, for reference, electric power use
in billions of kilowatt hours as reported by manufacturing and mining industries in
the 1987 censuses of those industries. The supplementary group, "Total, less nuclear
nondefense," is shown separately because the nondefense nuclear material series
(part of SIC 2819) accounts for a disproportionately large part of total electric power
use. Because the value-added proportion for this industry in total IP is considerably
smaller than its share of total electric power use, excluding this component from total
power use facilitates comparisons with total IP.
Release Schedule for 1995
At 9:15 a.m. on January 17, February 15, March 15, April 14, May 16, June 15. July
14, August 15, September 15, October 17, November 15, and December 14.

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