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FED ER AL RESERVE statistical release ;
For release at 9:15 a.m. (EST)
November 15,1994

G.17 (419)

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.7 percent in October after a 0.1 percent decline in September. Last month’s
most significant gains were in durable and nondurable materials and in business equipment. Within the motor vehicle
industry, assemblies were about unchanged, while production of parts rose sharply from the strike-reduced level in
September. The output of utilities dropped for the fourth successive month. At 119.4 percent of its 1987 average,
industrial production in October was 6.7 percent higher than it was a year earlier. The substantial growth in output
boosted total capacity utilization in October to 84.9 percent, about the same level as in August.
Market Groups
The output of consumer goods excluding motor vehicles and utilities rose 0.4 percent as the production of
both durables and nondurables increased. On balance, the production in this sector has been sluggish over the past few
months; the output of appliances and many other types of goods for the home, as well as the production of some
(over)

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

Percent chanae
1994
Julyr

Aug.r

Sept.r

Oct.P

Oct. 93 to
Oct. 94

119.4

.3
.3

.8
.7

-.1
.0

.7

6.7

117.0
112.6
152.9
104.0
121.0

117.5
112.8
154.3
104.4
122.2

.5
.5
.8
1.2

.5

.0

1.6
.5
1.1

-.3
-.8
.5
-.3

.5
.2
.9
.4
1.0

5.6
3.3
12.1
5.9
8.3

120.6
126.4
113.5
98.2
117.3

121.7
127.8
114.3
98.1
116.7

.5
.7
.3
-1 .0
-1 .3

1.0
1.4
.4
-.5
-1 .0

1994
Julyr

Aug.r

Sept.r

Oct.P

117.8
117.9

118.7
118.7

118.6
118.7

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

116.7
113.2
149.6
103.8
119.4

117.3
113.5
152.1
104.4
120.8

Maior industrv aroups:
Manufacturing
Durable
Nondurable
Mining
Utilities

119.5
124.2
113.6
98.7
119.2

120.7
126.0
114.1
98.3
"18.1

Industrial Production
Total index

Previous estimates

Capacity Utilization
Total industry

Average
1967-93

1982
Low




.2
.0
.3
-.5
-.1
-.7

Percent of Capacity
1994
1988-89
1993
High
Oct.
Julyr

Aug.r

Sept.r

.9
1.0
.6 i
-.2
-.5

7.8
9.9
5.0
.0
1.6

Capacity
growth
Oct. 93 to
Oct. 94
Oct.P

81.9

71.8

84.8

81.7

84.4
84.4

84.8
84.8

84.5
84.6

84.9

2.6

81.2
80.6
82.2
87.4
86.7

70.0
71.4
66.8
80.6
76.2

85.1
83.3
89.1
87.0
92.6

80.8
79.3
84.4
88.4
85.6

83.7
82.1
87.5
89.3
88.0

84.3
82.7
88.3
88.9
87.1

84.1
82.4
88.1
88.9
86.4

84.6
82.8
88.9
88.7
85.8

3.0
3.7
1.3
-.4
1.3

Previous estimates
Manufacturing
Advanced processing
Primary processing
Mining
Utilities

.2

nondurables, has softened. By contrast, the output of business equipment excluding motor vehicles rose 1.0 percent, an
increase about equal to the average monthly pace so far this year. Once again, gains in industrial and information
processing equipment accounted for much of the overall increase. The production of construction supplies rose
0.4 percent, to a level just slightly above its third-quarter average. The output of materials, which has been quite volatile
in recent months, jumped 1.0 percent. Among durables, the production of basic metals, particularly steel, rose sharply, as
did the output of parts for equipment and motor vehicles. The production of nondurables, which has been particularly
erratic lately, increased 0.8 percent, as the output of chemicals and textiles advanced noticeably after sizable declines in
September. The production of energy materials eased off again last month.
Industry Groups
The output of manufacturing, which was level in September, rose 0.9 percent in October. The factory
operating rate rose 0.5 percentage point, to 84.6 percent, a level 3.4 percentage points above its 1967-93 average.
Utilization in the primary-processing industries advanced 0.8 percentage point, to 88.9 percent in October, led by gains in
the iron and steel, rubber, textiles, chemicals, and fabricated metals industries; the operating rates for most of the major
industries in this grouping are noticeably above their long-run averages. The operating rate for advanced-processing
industries rose 0.4 percentage point, held down a bit by a decline in food. Within this grouping, the industries whose
current capacity utilization rate is significantly above their 1967-93 averages are furniture, industrial machinery, electrical
machinery, and motor vehicles and parts; operating rates for a few industries, such as aerospace and miscellaneous
transportation equipment and instruments, are below their long-run averages. The operating rate at utilities fell
0.6 percentage point, and the rate for mining was down 0.2 percentage point.

NOTICE
An annual revision to industrial production, capacity, and capacity utilization is
scheduled to be published on November 30, 1994. The revision to the production indexes, which
will affect data beginning with January 1991, will incorporate 1992 value-added proportions and
revisions to monthly source data and seasonal factors. The revision to capacity and utilization will
also incorporate the 1992 value-added weights along with new data on physical capacity measures
and investment where available. The capacity revision will chiefly affect individual series from
1991 forward; aggregate utilization may be changed slightly for earlier years to accomodate the
introduction of the 1992 weights.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
October data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Tw elve-m onth percent change

Manufacturing
__

Total industry

a/

.__

o

\

A

'

"

-5
:

,

t

,

-

,

-10

,

:

-10
10
5
0
-5

-10
Total industry
Ratio scale, 1987 production = 100




Manufacturing
Ratio scale, 1987 production = 100

90
85
80
75
70
65

Table 1A
INDUSTRIAL PROD UCTIO N: M A R K ET G R O UPS
Index. 19 87=100

Proportion
in Total IP

Seasona lly Adjusted

Not seasonally adjusted

1987

1993

1994
Mav

100.0

100.0

116.6

117.5

117.8

118.7

118.6

119.4

115.3

119.7

116.5

121.7

121.7

121.5

59.5
44.8

59.2
45.6

115.3
117.8

116.1
118.7

116.7
119.3

117.3
120.1

117.0
119.8

117.5
120.3

113.7
116.4

119.0
121.7

115.3
116.6

121.8
124.5

121.6
124.2

120,5
123,3

Consum er goods
D u ra b le
Automotive products
Autos and trucks
Autos
Truck s
Auto parts and allied good s
O ther du r a b le g o o d s
Appliances, T V s , and air-cond.
Carpeting and furniture
Miscellaneous
Nondurable
Foo ds and tobacco
Clothing
Chem ical products
Pap er products
E nerg y products
Fuels
Utilities

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

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

111.7
115.5
119.2
121.4
92.4
171.6
115.6
112.3
125.5
105.6
109.2
110.6
110.0
97.6
125.8
104.5
110.8
108.2
111.8

112.7
116.5
120.2
121.9
91.5
174.4
117.5
113.3
126.9
105.6
110.5
111.6
110.0
97.3
127.8
104.9
115.8
106.4
119.4

113.2
117.4
118.5
118.3
88.4
170.1
118.9
116.5
132.2
110.0
111.8
112.0
110.7
97.7
128.6
103.5
116.1
104.2
120.8

113.5
120.5
124.1
130.0
93.6
193.0
114.1
117.3
135.6
110.7
111.3
111.5
109.7
97.1
129.8
104.8
113.0
105.9
115.8

112.6
118.5
121.7
126.2
92.1
185.4
114.1
115.6
131.1
109.4
110.9
110.9
109.2
96.7
128.9
104.6
112.0
106.3
114.2

112.8
118.7
122.3
125.8
94.9
179.4
116.4
115.6
128.7
110.7
111.4
111.1
109.4
97.3
130.4
103.3
112.0
108.4
113.4

109.6
121.0
129.5
137.9
105.4
194.2
115.4
113.4
129.0
106.6
109.0
106.4
107.3
97.7
122.5
104.0
93.0
108.3
87.1

115.2
123.3
132.4
141.0
106.5
200.7
118.0
115.4
131.3
108.5
110.8
112.9
113.4
102.2
135.6
103.6
100.2
108.8
96.9

109.8
97.5
87.2
70.5
51.8
102.8
115.4
106.5
110.7
104.2
105.7
113.3
111.0
97.3
138.9
102.3
112.6
107.2
114.7

118.0
121.5
125.4
130.4
89.9
200.6
117.0
118.1
134.4
114.1
111.4
117.0
117.6
102.4
142.5
104.5
107.3
107.4
107.3

117.2
122.7
126.6
131.9
97.3
192.0
117.7
119.3
136.8
113.4
113.3
115.6
116.9
102.3
141.5
104.4
100.6
106.9
98.1

115.6
127.5
135.7
144.5
108.4
207.0
121.0
120.2
135.9
113.6
115.7
112.2
115.6
99.9
132.5
101.7
95.9
107.8
91.3

E q u i p m e n t , total
B u s in e s s eq uipm ent
Information processing & related
Com pute r and office
Industrial
Transit
Autos and trucks
Othe r
D e fe n s e a n d s p a c e e q u i p m e n t
Oil and gas well drilling
Manufactured hom es

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

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

126.6
147.3
177.1
274. 2
119.8
136.1
146.0
127.3
68.9
89.1
135.9

127.5
148.5
179.0
278.6
120.7
137.2
147.3
127.6
68.6
88.9
138.1

128.0
149.6
181.3
282. 7
122.6
132.8
143.4
129.3
67.9
87.4
135.7

129.6
152.1
184.4
286.2
123.2
138.7
156.9
129.9
67.6
83.4
135.5

130.2
152.9
186.3
290.2
124.0
136.6
153.4
130.8
67.2
85.5
141.7

131.1
154.3
188.5
293.7
125.4
137.2
153.3
130.8
67.0
82.8
143.2

126.1
147.2
175.1
272.3
118.0
145.5
165.3
126.6
67.9
78.6
144.1

131.0
153.7
184.9
291.6
122.8
148.6
169.6
130.5
67.8
82.9
154.8

126.4
148.0
187.4
296.9
123.3
102.8
87.5
130.6
66.5
84.5
129.7

133.8
157.9
195.5
313.6
125.9
138.7
156.8
133.0
66.6
84.0
154.1

134.4
158.3
192.9
302.9
128.5
141.0
158.9
135.7
67.7
88.4
152.1

134.5
158.4
193.6
305.7
126.3
149.0
173.9
130.4
67.2
90.2
158.8

14.7
5.9
8.8

13.6
5.1
8.5

107.5
102.9
110.6

108.3
102.7
112.0

108.9
103.8
112.3

109.0
104.4
112.0

108.4
104.0
111.3

109.0
104.4
112.2

105.7
104.5
106.5

110.9
107.9
112.9

111.6
106.9
114.8

113.9
107.8
117.9

113.7
108.1
117.4

111.9
107.2
114.9

40.5

40.8

118.6

119.4

119.4

120.8

121.0

122.2

117.7

120.8

118.2

121.5

121.9

122.9

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

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

125.9
125.8
136.9
116.9
119.0
119.1
106.3
117.8
125.3
116.3
104.6
100.4
112.6

126.3
125.2
138.8
116.5
117.7
118.9
106.4
119.4
123.1
117.6
106.9
100.5
119.4

127.3
126.3
140.4
117.0
116.8
119.1
106.2
116.7
123.6
120.6
104.8
99.9
114.6

128.8
129.0
142.2
117.8
115.8
120.7
108.5
120.8
125.3'
119.1
105.6
100.5
115.7

129.8
129.4
143.7
118.4
117.1
120.2
107.6
119.9
124.5
119.8
105.2
99.8
115.8

131.9
131.7
146.1
120.1
119.9
121.2
108.5
118.9
126.5
120.8
105.0
99,6
115.5

125.9
127.6
136.1
116.8
119.2
118.6
109.7
114.7
124.3
116.7
101.4
98.7
106.8

128.5
127.2
140.1
119.4
119.4
120.9
108.8
120.7
124.7
121.0
106.3
100.3
118.0

125.5
120.2
139.3
116.5
115.1
117.1
99.2
114.6
122.8
118.9
105.3
98.7
118.2

129.6
128.7
142.1
119.8
114.6
121.1
110.3
121.3
124.4
120.9
106.7
100.4
119.1

131.8
131.4
144.5
121.5
118.8
121.7
108.8
120.8
126.3
121.2
103.5
98.3
113.7

133.4
134.7
146.4
122.0
119.7
123.7
111.3
119.8
127.7
127.2
102.7
98.0
111.8

To ta l e x c l u d i n g :
Autos and trucks
Motor vehicles and parts
C o m p u te r and office equipment

97.2
95.2
97.7

97.0
94.8
95.3

116.2
115.8
112.9

117.1
116.7
113.6

117.5
117.2
113.9

118.1
117.7
114.7

118.1
117.7
114.5

118.9
118.5
115.2

114.4
113.9
111.6

118.8
118.4
115.6

117.6
117.4
112.2

121.2
120.8
117.1

121.2
120.8
117.4

120.5
120.1
117.1

C o n s u m e r g o o d s e x c lu d i n g :
Autos and trucks
E n e rg y

24.8
23.8

24.3
23.2

111.1
111.8

112.1
112.3

112.9
112.9

112.3
113.5

111.6
112.6

111.9
112.9

107.7
111.6

113.4
116.9

112.5
109.5

117.2
119.3

116.2
119.1

113.6
117.9

B u s i n e s s e q u ip m e n t e x c lu d i n g :
Autos and trucks
C o m p u te r and office equipment

12.2
11.3

14.7
12.2

147.4
125.9

148.6
126.6

150.1
127.2

151.7
129.5

152.8
129.8

154.4
130.9

145.6
126.2

152.4
130.5

153.2
123.0

158.0
131.7

158.2
134,0

157.1
133.7

M ateria ls e x c lu d i n g :
E nerg y

29.5

30.6

123.8

124.0

124.8

126.4

126.9

128.6

123.7

126.2

122.9

127,0

128.7

130.4

Stem
To ta l in d e x
P r o d u c t s , total
Final p r o d u c t s

Int erm e dia te p r o d u c t s
Construction supplies
Business supplies
Materia ls
D u r a b le
C o n s u m e r parts
Equip me nt parts
O ther
Basic metals
Nondurable
Textile
Pape r
Che mica l
Othe r
E nergy
Primary
Converted fuel

Ju n e

Julvr

A u a .r

Seot.r

Oct.P

1994
M av

Ju n e

J u lv r

A u a .r

Seot.r

Oct.P

S P E C IA L A G G R E G A T E S




Table 1B
INDUSTRIAL PRO D UCTIO N : M A R K ET GR O UPS
Percent change

Item

1992Q4
to
1993Q4

Total index

4.2

Products, total
Final products

3.9
3.8

Consumer goods
Durable
Automotive products
Autos and trucks
Autos
Trucks
Auto parts and allied goods
Other durable goods
Appliances, T vs , 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

1.8
12.6
9.1

17.5
14.1

20.8

4.6
5.9
13.9
4.7
1.7

-.2

-1.1
-1 .7

.8
.6
2.0
2.0
2.0

6.4
9.9
15.6
33.9
4.2
1.7
18.1

10.6
-.6

-9 .5

14.4
4.1
5.9
3.0
4.8

8.2

Seasonally adjusted
annual rate
1994
1993
Q2 _Q 2L
Q4 ___ QL_
6.7

6.1

6.3

3.7
31.0

68.6

123.5
136.2

112.6

5.0
4.8

10.6
.0

3.9
-3.1
-3 .7

-.1
-.1
-3 .3
20.1

-5 .0

-10.5
9.8
13.8
14.9
35.5

.2
44.5
121.1

5.9
-9 .7
-12.5
58.4
5.3

11.0

1.9

7.6

Seasonallv adjusted
1994
Aua.r Sent/ Oct.P

8.3

5.4

5.9

.3

.8

-.1

7.6
8.5

4.3
3.3

5.8

6.1

.5
.5

.5
.7

-.3

1.3
-9 .4
-2 1 .0
-30.1
-3 1 .0
-29.2
-.5
3.5

8.2

4.4

.8

.5

.2
2.6

6.8
13.9
32.1
44.0
51.0
37.8

12.0

-1 .3
-18.0

6.2
6.6

4.7
6.5
1.9
3.7
-3 .2
9.9
-17.9
21.7

10.8
22.0
33.9
6.1

14.4

13.4
39.8
2.3
-10.2

2.8
5.2
2.8

4.9
9.5
10.7
7.7
7.4
-17.3

10.1

-25.1

5.9

8.1
10.3
12.0

16.3
-17.8
-27.2

21.2

38.6

-6 .5
15.0
-16.0

4.6
-.4
7.8

7.5
11.4
5.1

11.1

9.2

11.8
21.2

7.2
10.4
-3 .2
16.6
11.9
14.0
6.7

1.7
2.9
■
-11.1
17.3
-.3
14.5
27.7
15.8
5.8
3.4
.4
.3

11.0
.0

7.6
-7.1
13.4

8.2
11.8

16.2
16.9
13.1
-4 .7

6.1

11.7
-8 .6
--15.9
2.7
4.8

6.6

3.7

6.0

-1 .4
-2 .9
-3 .5
-2 .4

1.2
2.8

4.1
4.2

1.1

.4
.7
.5

.6

-1 .3
.3
-2.1

1.2

.4

.8

1.3
1.5

1.6

-3 .2
-2 .6
1.3
-1.1
-1 .7
-1 .7

.6
1.2
.2
.0
.8
.9
1.2
.4
-.8
.2
-.2

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

6.8
10.2

9.3
8.5
15.1
4.3
-6 .9
5.9
4.2
7.4
3.1

2.2

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

2.9
.7
5.0
-6 .2

-1.1
-2 .8
1.7

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

3.8
3.6
3.0

4.3
3.3
5.3

7.2
6.7
7.0

6.9
7.4
5.1

5.3

.2

Consumer goods excluding:
Autos and trucks
Energy

.8
1.8

-1 .8
4.6

4.2
6.4

4.4
3.8

4.6
4.1

Business equipment excluding:
Autos and trucks
Computer and office equipment

9.2
3.5

7.7
7.4

12.3

8.2

12.1
6.8

10.0

12.3

Materials excluding:
Energy

6.9

10.6

9.3

9.3

8.3

Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

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

3.9

11.1

-2 .2
.4
2.5
-1 .9

4.7
9.9

6.0

13.5
-4 .0
.7
2.5

.6

-.5
-.5
-.9

-.6
1.0
1.2

-2 .7
1.7
-4.1

1.2
1.6
1.7
1.2

.5
4.5
9.4
.5
-.5
-4 .6

-.2
.1
.5
-.2
1.1
1.2
2.2
1.2
.7
-.8
1.3
2.2

3.5
1.4
-1 .2
.7

-.2
-.8

-1 .7
-1 .9
-2 .9
-1 .7
-3 .9

.0

-1 .4
-3 .3
-1 .2
-.3
-.5
-.5
-.4
-.7

-.2

-.9
.3
-1 .3
.5
.5

1.0
1.4
.6

-1 .5
-2 .3
.7
-.5
2.5
4.6
-.5
-.3

-.6
.2
.7
.3

1.1
.5
1.1

-.4
-.9
-.7
-.7

Not seasonallv adjusted
1994
Julvr Aua.r SeDt.r Oct.P

.7

-2 .7

4.5

.5
.4

-3.1
-4 .2

5.6

6.8

-4 .7
-2 1 .0
-34.1
-5 0 .0
-5 1 .4
-4 8 .8
-2 .3
-7 .7
-1 5 .7
-4 .0
-4 .6
.3
-2.1
-4 .8
2.4
-1 .3
12.3
-1 .5
18.3

7.5
24.6
43.8
85.1
73.6
95.0
1.4

.2
.2

.5
-.4
3.0
-3 .3

2.0
.0
-1 .8
1.2
.4
.2
.1
.6
1.2
-1 .2
.0
2.0
-.7

.7
.9

1.2
1.2
1.2
.4
.0
.0

-.4
-3.1

1.0
.6

.4
.7

1.0
1.6

1.7
1.7
1.4
2.3

.8

.9
-.9

-3 .5
-3 .7
1.3

1.8

.4
-30.8
-48.4

.1
2.0

-1 .9

10.8

-6 .4

-6 .3
-.4
-8 .6

5.8
6.7
4.4
5.6

-1 .4
-3 .4

34.9
79.1

1.7
1.3

6.0
5.3
2.6
2.2
-4 .7
.2

2.1

1.8
.1
-.6

.6
1.6

2.0
.8

2.7

-2 .2

2.8

-.6

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

1.0
1.0
1.2
8.2
-4 .3
.6
1.1
1.8
1.7
-1 .2

18.8

-2 .3
-5 .5

-.7

21.5
9.5
5.4
3.3

-16.2
-.9

.0
-.2
-.2

3.3
7.0

2.0
2.8

-.4
3.4

11.1

5.8
1.3

-.6

-.6
-.1
-.7
-.1

.5

.2

2.0

2.1
1.8

5.3
-1 .3

-.2

6.7

-.9
-.7

5.6
5.7

-1 .4
3.9
7.2
9.5
11.5
7.8
2.7

3.3
5.3
7.5
9.5
11.4
7.8
4.0
3.4
-1 .3
6.3
4.8
2.7
3.2
4.3
6.4
-.7
-2 .3
-2 .6
-2 .2

.8
.1
2.1
-.7

-2 .9
-1.1
-2 .3
-6 .4
-2 .5
-4 .6

.8

-6 .9

.1
.1

.4
.9
-1 .7
5.7
9.4
-3 .9

-.8
2.0

4.4

-.2

-1 .6

.3
-.5

-2.1

.3
1.7

2.2

1.7
1.4
3.7
.5
-1 .3
-.4

-.8

.8
1.2

8.9

12.1

16.4
21.5
11.5

.8

9.8
9.5
-7 .8
-4 .2
16.0
5.4
5.9
5.1
8.3

12.2

2.4
1.4
.4
.7
1.7
2.3

13.5
15.1
8.9

2.6

-.8
1.1
5.0
-.8

6.1
6.2

4.4
5.0
7.9
4.9
1.9
1.4

.1

1.6
.8
-.2
-.2
-.2

.5
.4
.7

.0
.0
-.2

.7
.7
.7

.7
.5

-.5

.6

-.6
-.8

.2

-6 .4

4.2
9.0

1.0

1.0
1.8

.8
.2

1.0
.8

.5
-5 .8

3.1
7.1

-.7

.5

1.7

-.2

12.3
8.9

.6

1.2

.4

1.4

-2 .5

3.3

1.3

1.3

10.4

-.6

-4.1

.6
1.0

.6

-.4
-.7

.2

1.6

1.6

Oct. 93
to
Oct. 94

1.3
1.7

.8

.3
-3 .0
-2.1
-4 .6

-.3
-1 .7

3.0
2.9
4.4

.0
-.1
.2

-.3

6.5
5.9

-.9

-2 .2
-1 .0

2.9
4.0

SP EC IA L A G G R E G A TE S
5.9

6.0

.4
.4

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




.3

-1 .0
-.9
-3 .0

-.8

-.1

.1

-.5

-.6

6.6

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GR O UPS
Index, 1S187=100

Proportion
in Total IP

Seasonallv Adjusted

Not seasonallv adjusted

19 87

19 93

19 94
M av

June

Julvr

A ua.r

S e n t/

Oct.P

1994
M av

June

Ju!vr

Aua.r

10 0.0

10 0.0

116.6

117.5

117.8

118,7

118.6

119.4

115.3

119.7

116.5

12 1.7

12 1.7

121.5

8 4 .3

8 4 .9

118.5

118.9

119.5

1 2 0 .7

12 0 .6

12 1.7

118.1

12 2.2

118.0

124.2

12 4.9

12 5.0

27.1
57.1

2 6 .3
5 8 .6

113.8
1 2 0 .7

113.4
121.5

113.5
12 2.3

114.7
12 3.5

114.6
1 2 3 .5

115.8
12 4.5

113.9
120.1

116.0
125.2

112.3
120.6

116.1
128.1

117.1
12 8.6

118.4
12 8.2

4 6 .5
2.1
1.5
2 .4

4 7 .9
1.9
1.4
2.1

12 2.9
10 5 .8
10 9 .9
104.1

12 3.4
10 5.9
110.6
103.2

12 4.2
10 6.0
112.4
10 2.7

12 6 .0
10 6 .0
113.7
1 0 3 .6

12 6 .4
106.1
113.5
10 3.8

12 7.8
10 6.0
114.3
10 4.5

12 3.5
106.1
10 7.6
10 5.5

127.1
10 9.9
112.2
106.9

12 0.8
105.3
108.8
10 4.3

12 8.4
110.5
118.7
1 0 8 -1

12 9.7
109.9
119.6
10 6.7

13 0.8
110.1
115.8
10 9.4

Prim ary m etals
33
Iron and steel
3 3 1 ,2
R aw steel
Nonferrous
3 3 3 -6 ,9
Fabricated m etal products
34
Industrial m achinery
and equipm ent
35
C om puter and office equip.
357
Electrical m achinery
36

3 .3
1.9
.1
1.4
5 .4

3.2
1.9
.1
1.3
4 .9

115.4
12 3.2
10 5.7
10 4 .7
105.1

111.9
118.6
10 6.3
102.6
10 6.4

110.9
116.5
10 4.7
10 3.2
107.8

111.3
113.4
1 0 7 .0
10 8.4
10 8 .3

113.5
118.2
10 9.9
107.1
10 8 .7

116.2
12 2.2
113.5
10 7.9
10 9.8

115.6
12 3.4
10 7.4
10 5.0
10 5.4

113.8
120.8
10 7.0
104.1
10 9.3

108.4
114.9
102.6
99 .4
107.5

109.3
111.0
10 4.2
106.8
110.4

115.0
119.8
108.8
10 8.4
111.6

117.2
12 3.4
114.2
108.8
111.5

8 .5
2 .3
6.9

11.1
4 .7
8 .0

16 5.0
2 7 4 .2
14 1.9

16 6.3
2 7 8 .6
144.1

16 8.6
2 8 2 .7
14 7.9

17 0.5
2 8 6 .2
15 0.2

17 2 .0
2 9 0 .2
15 1.7

17 3.9
2 9 3 .7
15 4.5

16 3.9
2 7 2 .3
14 1.0

17 2.6
2 9 1 .6
14 5.9

173.5
2 9 6 .9
144.1

179.1
3 1 3 .6
15 1.0

17 7.8
3 0 2 .9
15 4.5

17 6 .7
3 0 5 .7
15 6 .7

37
371
3 7 2 -6 ,9
38
39

9.9
4.8
2.5
5.1
5.1
1.3

9.3
5.2
2.6
4.1
4 .8
1.2

10 6.5
13 2.5
12 7 .9
8 2 .2
10 4.5
111.8

10 6.7
13 2.8
12 8.3
8 2 .3
10 4.6
111.7

10 4.8
12 9.9
124.4
8 1 .2
10 5.3
115.0

1 0 9 .0
13 9 .3
13 6.3
8 0 .5
10 5.8
113.6

10 7.5
137.1
13 2.5
7 9 .6
106.1
113.1

10 8.0
13 8.2
13 2.5
7 9 .6
10 6.5
113.9

111.6
14 3.9
14 5.4
8 1 .3
10 2.7
111.1

112.3
145.2
148.5
8 1 .5
10 5.8
112.2

88 .6
98.1
74 .0
7 9 .7
10 6.0
110.1

108.1
138.9
13 6.0
7 9 .3
10 7.5
114.2

10 9.6
14 0.7
138.6
8 0 .4
108.8
115.8

113.8
14 9.6
152.1
8 0 .2
10 7.4
118.3

20
21
22
23
26

3 7 .8
8.8
1.0
1.8
2 .3
3.6

3 7 .0
8 .6
.8
1.8
2 .0
3.7

113.1
112.3
9 7 .4
112.1
9 5 .3
116.0

113.3
112.1
9 6 .8
111.4
9 5 .7
117.4

113.6
113.4
9 5 .0
112.0
96.1
115.6

114.1
111.9
9 8 .2
113.3
9 5 .7
119.1

113.5
111.4
9 8 .6
111.4
9 5 .6
117.2

114.3
111.2
10 1.5
112.8
9 5 .8
116.7

111.5
10 9.7
91.1
115.2
9 5 .0
113.2

116.3
114.4
10 5 .4
116.6
9 8 .4
118.3

114.4
114.8
8 0 .2
108.8
94 .2
113.6

119.1
118.5
108.1
117.4
9 9 .0
119.8

119.0
118.6
10 5.8
116.0
99 .2
118.0

117.9
117.0
114.4
117.6
9 7 .4
12 0.0

27
28
29
30
31

6 .5
8.8
1.3
3 .2
.3

6 .0
9 .3
1.3
3 .4
.2

10 4.4
12 3 .3
10 9 .0
12 4.6
8 4 .3

105.5
12 3.6
10 6.2
12 4.9
8 3 .2

10 5.3
12 4.2
10 4.9
126.6
8 3 .6

10 5.2
1 2 5 .5
1 0 6 .6
12 6.8
8 3 .8

10 4.9
12 4.8
10 6 .4
12 6 .9
8 3 .5

10 5.4
12 6.3
10 7.3
12 9.2
8 4 .0

10 1.9
122.1
110.2
12 4.9
8 3 .5

10 7 .0
12 8.0
111.4
127.1
86.1

108.8
128.3
111.1
122.0
79 .4

111.7
13 0.9
111.9
12 7.3
8 5 .7

112.2
13 1.2
111.2
129.1
8 5 .9

10 8.9
127.9
10 8.9
13 1.6
85 .9

10
12
13
14

8 .0
.3
1.2
5.8
.7

7 .0
.5
1.2
4 .8
.6

99.1
1 6 0 .3
113.2
9 2 .6
9 9 .3

99 .8
16 9.8
115.0
92 .8
9 7 .6

9 8 .7
16 9.8
10 8.6
92 .5
9 9 .2

9 8 .3
15 8.8
111.4
9 2 .2
97.1

9 8 .2
16 0.4
110.7
92.1
9 7 .3

98.1
16 2.2
111.3
9 1 .5
9 8 .3

9 7 .6
16 5.4
10 8.5
9 0 .7
10 3.4

9 8 .7
17 2.4
113.8
9 0 .7
10 3.9

9 6 .7
169.5
100.8
90 .6
105.6

9 8 .3
16 3.3
116.3
8 9 .9
104.9

9 8 .5
16 3.7
113.9
9 0 .7
10 4.9

99 .6
15 6.8
115.7
9 2 .4
10 4.0

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

7 .7
6.1
1.6

8.1
6 .3
1.7

114.7
115.5
111.9

120.8
12 1.5
118.1

119.2
120.1
115.9

118.1
118.5
116.5

117.3
117.6
116.0

116.7
116.9
115.8

10 3.2
10 7.4
8 7 .8

114.3
12 4.2
77 .5

12 1.0
133.7
74 .2

118.6
130.9
7 3 .0

111.0
12 1.3
7 3 .0

105.6
110.1
89 .0

7 9 .5
8 1 .9

7 9 .7
8 0 .2

117.6
114.0

118.0
114.3

118.9
114.8

119.6
116.0

119.7
115.8

12 0 .7
116.8

116.6
113.7

120.8
117.4

119.2
112.9

123.3
118.8

12 4.0
119.8

123.5
119.9

11.6
6 .3
5 .3
4 .9
0 .3

11.6
6 .2
5 .3
5 .0
0 .3

11.2
6 .0
5 .2
4 .9
0 .3

12 .3
6 .4
5 .9
5 .5
0 .3

11.9
6 .2
5 .7
5 .3
0 .4

11.9
6 .4
5.5
5.1
0 .4

13.3
7 .3
6 .0
5 .7
0 .3

13.6
7.4
6.2
5.9
0.4

6.5
3.4
3.1
2.9
0.2

13.0
6.5
6.5
6.1
0.4

12.6
6.7
5.9
5.6
0.3

13.2
7.1
6.1
5.7
0.4

S IC

Item
T o tal in d e x
M a n u fa c tu rin g
P rim a ry p ro c e s s in g
A d v a n c e d p ro c e s s in g
D u ra b le
Lum ber and products
Furniture and fixtures
Stone, clay, and glass products

T ransportation equipm ent
Motor vehicles and parts
Autos and light trucks
A erospace and misc.
Instruments
M iscellaneous
N o n d u ra b le
Foods
Tobacco products
Textile mill products
Apparel products
P aper and products

Printing and publishing
Chem icals and products
Petroleum products
R ubber and plastics products
Leather and products
M in in a
M etalm ining
Coal mining
Oil and gas extraction
Stone and earth minerals
U tilitie s
Electric
G as

24
25
32

S e c t/

Oct.P

SPECIAL AGGREGATES
M a n u fa c tu rin g e x c lu d in g :
Motor vehicles and parts
C om puter and office equipm ent

M e m o : M o to r v e h ic le a s s e m b lie s 1
Total
Autos
Trucks
Light
H eavy and m edium

1. Millions of units at an annual rate.
Note— Prim ary processing m anufacturing includes textile mil! products, paper and products, industrial chem icals, synthetic m aterials, and fertilizers,
petroleum products, rubber and plastics products, lum ber and products, prim ary m etals, fabricated m etals, and stone, d a y , and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chem ical products and other agricultural
chem icals, leather and products, furniture and fixtures, industrial and com m ercial m achinery and com puter equipm ent, electrical machinery, transportation
equipm ent, instruments, and m iscellaneous m anufactures.




Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

Item

Seasonallvadiusted
1994
Julvr
Sept.r Oct.P
>
c
p

Seasonally adjusted
1992 Q4 ________ annual rate_________
to
1993 1994
Q4
SIC .199304
Q1
Q2
Q?r

Not seasonallv adiustpH
1994
Julvr -Aua.r . Seot.r Oct.P

Total index

4.2

6.7

8.3

5.4

5.9

.3

.8

-.1

.7

-2.7

Manufacturing

5.0

8.4

7.8

7.3

6.7

.5

1.0

.0

.9

-3.5

5.0
5.0

8.6
8.3

2.8
10.1

9.4
6.4

3.8
8.0

.1
.7

1.0
1.0

-.1
.0

1.1
.8

-3.2
-3.6

7.7
5.0
5.8
5.3

14.4
17.6
1.8
10.7

10.3
-4.7
6.7
-2.7

6.4
6.0
12.4
9.9

9.0
3.3
12.3
.3

.7
.1
1.6
-.5

1.4
-.1
1.2
.8

.3
.1
-.1
.3

1.0
-.1
.7
.6

-4.9
-4.2
-3.0
-2.5

7.5
9.4
5.9
4.7
5.6

11.4
12.1
6.7
10.4
9.4

.4
-2.6
-12.3
5.2
7.6

16.1
24.5
4.5
4.0
7.1

-6.9
--16.3
5.6
10.1
10.8

-.9
-1.8
-1.5
.6
1.3

.3
-2.7
2.2
5.0
.5

2.0
4.3
2.7
-1.2
.3

2.3
3.4
3.2
.7
1.0

17.4
33.9
10.9

15.7
35.5
9.4

17.1
33.9
12.0

15.6
12.0
17.5

14.4
16.9
24.1

1.4
1.5
2.7

1.1
1.2
1.6

.8
1.4
1.0

372-6,9
38
39

3.6
16.6
17.0
-10.8
-2.8
2.1

38.6
91.4
124.8
-9.5
-5.7
2.6

15.4
37.9
44.7
-12.2
6.4
2.0

-14.5
-21.7
-30.2
-1.9
1.7
4.8

-1.1
3.5
1.3
-7.8
4.8
7.5

-1.9
-2.2
-3.0
-1.3
.7
2.9

4.0
7.3
9.5
-.9
.5
-1.2

20
21
22
23
26

1.5
.6
-15.5
1.6
-1.7
5.6

1.0
-1.3
-25.1
-1.0
-1.5
9.2

4.7
6.3
17.2
4.4
2.5
.5

8.5
5.9
41.6
10.6
8.9
3.7

3.7
.5
5.0
2.1
2.4
6.7

.3
1.1
-1.8
.5
.4
-1.5

27
28
29
30
31

1.2
2.3
2.6
4.8
-3.4

2.2
.2
15.0
2.8
2.8

3.2
5.7
-11.3
10.4
.6

8.3
8.3
14.2
11.5
.8

2.0
7.1
-7.5
8.5
-3.9

10
12
13
14

-.8
6.5
-3.2
-1.3
2.0

2.1
36.3
8.6
-3.0
7.2

4.9
-6.7
42.4
-1.5
3.0

4.8
-8.4
11.2
4.4
7.7

491,3pt
492,3pt

.9
.4
2.8

-6.5
-10.4
9.5

15.8
12.2
29.3

4.3
3.6

4.4
6.9

5.9
6.3

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

24
25
32

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

4.5

Oct. 93
to
Oct. 94

.0

-.2

6.7

5.3

.6

.1

7.8

3.4
6.2

.8
.5

1.1
-.4

6.7
8.2

6.3
5.0
9.1
3.7

1.0
-.6
.7
-1.3

.8
.2
-3.2
2.5

9.9
1.3
9.1

-4.8
-4.9
-4.1
-4.6
-1.7

.8
-3.4
1.6
7.5
2.7

5.2
7.9
4.5
1.5
1.2

1.9
3.0
5.0
.3
-.2

5.9
12.1
9.0

1.1
1.2
1.9

.5
1.8
-1.2

3.2
5.6
4.8

-.7
-3.4
2.3

-.7
.9
1.4

15.7
21.5
17.6

-1.4
-1.6
-2.8
-1.1
.3
-.5

.5
.8
.0
-.1
.3
.7

-21.1
-32.4
-50.2
-2.2
.2
-1.9

22.0
41.6
83.9
-.6
1.4
3.7

1.3
1.3
1.9
1.4
1.2
1.4

3.9
6.3
-.2
-1.2
2.1

3.6
11.3
9.7
- 7 .0

.4
-1.3
3.3
1.2
-.4
3.0

-.5
-.4
.4
-1.6
-.1
-1.6

.6
-.2
2.9
1.2
.2
-.4

-1.6
.3
-23.9
-6.6
-4.3
-4.0

4.0
3.3
34.8
7.9
5.1
5.5

.0
.0
-2.2
-1.2
.2
-1.6

-1.0
-1.3
8.1
1.3
-1.8
1.8

17.5
4.7

-.2
.5
-1.3
1.3
.4

.0
1.1
1.6
.2
.3

-.3
-.6
-.2
.1
-.3

.5
1.2
.9
1.8
.6

1.8
.2
-.2
-4.0
-7.8

2.6
2.1
.8
4.3
8.0

.4
.2
-.7
1.4
.2

-2.9
-2.5
-2.0
1.9
.0

3.8
7.2
-.8
10.9
.1

-4.7
-9.5
--18.4
-.8
-.2

-1.0
.0
-5.5
-.3
1.7

-.5
-6.5
2.6
-.4
-2.2

-.1
1.0
-.7
-.1
.3

-.2
1.1
.6
-.6
1.0

-2.1
-1.7
-11.4
-.1
1.6

1.7
-3.7
15.5
-.7
-.7

.2
.3
-2.1
.8
.0

1.1
-4.2
1.5
1.9
-.8

.0
-7.7
6.6
-1.2
4.4

-10.4
-1.9
-35.7

5.4
4.0
11.0

-1.3
-1.2
-1.9

-1.0
-1.4
.5

-.7
-.7
-.4

-.5
-.6
-.1

5.9
7.6
-4.3

-2.0
-2.1
-1.7

-6.4
-7.3
.0

-4.8
-9.2
22.0

1.6
2.8
-2.8

9.7
7.0

6.9
6.0

.7
.4

.6
1.0

.1
-.1

.9
.9

-1.4
-3.9

3.5
5.3

.5
.9

-.4
.0

7.6
6.9

9.7

4.7
9.5
7.9

3.7
3.9
5.0

2.0
4.0
3.5

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment

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




Table 3
CAP ACITY UTILIZATION: M ANUFACTURING, MINING, AND UTILITIES
Percent of capacity, seasonally adjusted
1993
Proportion

1967­
1993
Ave.

1973
Hiqh

1978­
1980
Hiah

1982
Low

1988­
1989
Hiah

1990­
1991
Low

19 93
Oct.

1994
M av

June

Julvr

A ua.r

Seot.r

Oct.P

Total industry

100.0

81 9

89 .2

8 7 .3

71 .8

8 4 .8

78.1

81 .7

83 .9

8 4 .3

8 4 .4

8 4 .8

84 .5

84 .9

Manufacturing

85 .9

81 2

88 .9

8 7 .3

7 0 .0

85.1

76 .7

80 .8

8 3 .4

83 .5

8 3 .7

8 4 .3

84.1

84 .6

2 5 .5
6 0 .4

82 2
80 6

92.2
87 .5

8 9 .7
8 6 .3

66 .8
7 1 .4

89.1
8 3 .3

7 8 .0
7 6 .0

84 .4
79 .3

87 .9
81 .5

87 .5
8 1 .8

87 .5
82.1

8 8 .3
8 2 .7

88.1
82 .4

88 .9
82 .8

4 9 .4
1.7
1.4
2.3

79
83
81
77

0
1
7
9

88 .8
90.1
96 .8
89 .2

8 6 .9
8 7 .6
86 .6
8 7 .0

6 5 .0
6 0 .9
68 .9
63.1

8 3 .9
9 3 .3
8 6 .8
8 3 .7

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

79,.6
90,.9
80,.8
77,.2

8 2 .4
91 .5
84.1
80.1

82 .5
91 .5
8 4 .5
79 .4

82 .8
91 .5
85 .8
78 .9

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

8 3 .7
91 .5
86 .4
79 .6

84 .3
91 .3
86 .9
80 .0

3.0
1.8
0.1
1.2

1
8
2
9
4
2

100.6
105.8
10 2.7
92 .9
92.1
95 .7

102.4
110.4
95 .7
90 .5
80 .8
97 .6

4 6 .8
3 8 .3
35 .2
62 .2
42.1
58 .6

9 2 .9
9 5 .7
9 2 .7
8 8 .9
85 .9
10 0.4

74 .4
72 .2
7 1 .4
75 .8
7 3 .6
9 7 .3

86,.5
89,.6
87,.5
81,.8
79,.0
85,.2

94 .3
9 7 .7
8 6 .7
89.1
88.1
77 .9

9 1 .4
94.1
87.1
87 .3
8 8 .6
7 7 .8

90 .6
9 2 .4
85 .9
87 .9
8 7 .7
7 8 .0

90 .9
90 .0
8 7 .7
9 2 .3
8 7 .5
7 7 .7

9 2 .8
93 .8
90.1
91 .2
84 .8
78 .2

94 .9
97,.0

Item

S IC

Primary processing
A d v a n c e d p ro c e s s in g
D u ra b le
Lum ber and products
Furniture and fixtures
Stone, clay, and glass products
Prim ary metals
Iron and steel
R aw steel
Nonferrous
Primary copper
Prim ary aluminum

24
25
32

3 3 3 -6 ,9
3331
3334

0.0
0.1

80
79
79
80
72
89

34

5.1

77 2

87 .8

83 .9

62 .9

8 2 .0

72 .0

77..9

81 .4

82 .4

83 .5

83 .9

84 .2

85,.1

35
357
36

10.9
4.7
7.9

80 8
80 .5
80 .4

96 .4
90.9
87 .8

92.1
93 .5
8 9 .4

64 .9
63.1
71.1

8 3 .7
8 4 .4
8 4 .9

71 .4
6 3 .4
77 .3

84,.7
85,.8
83,.6

88 .6
87 .5
86 .9

88 .6
8 7 .4
8 7 .7

89.1
8 7 .3
89 .5

8 9 .4
8 6 .9
9 0 .3

8 9 .4
8 6 .7
90 .7

89,.8
86,.4
91,.8

37
371

74..9
75..7

83 .8
93 .4

3 7 2 -6 ,9
38
39

10.4
5.4
2.7
5.0
5.3
1.3

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

77 .0
89 .9
8 2 .9

8 2 .7
93 .0
92 .2
81.1
92 .5
78 .7

5 6 .7
4 4 .5
40.1
66 .9
79 .0
66.1

84 .2
8 4 .5
89 .6
8 8 .3
8 1 .2
80.1

70.5
57 .3
53 .7
78 .5
76.1
72 .9

72.,4
79.,7
79.,6
64. 3
72..9
75.,0

73 .4
82 .9
81 .8
62 .5
73 .6
75 .8

73 .5
82 .8
81 .6
6 2 .8
73 .6
7 5 .6

72 .0
80 .6
78 .7
6 2 .0
7 4 .0
7 7 .7

74 .8
86.1
8 5 .8
6 1 .6
7 4 .3
7 6 .7

7 3 .7
8 4 .4
83 .0
61.1
74 .4
7 6 .3

73,.9
84..8
82..6
61..2
74..6
76..7

20
22
23
26
2 6 1 -3
27

36 .4
8.8
1.6
2.0
3.3
1.5
5.9

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

87 .9
8 6 .0
9 2 .0
84 .2
96 .9
97.1
89 .7

8 7 .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

8 6 .8
8 3 .3
92.1
84 .2
94 .9
98.1
9 2 .3

8 0 .4
80 .8
78 .5
74 .9
8 6 .3
90 .2
78 .5

82. 5
79. 8
90.,0
79. 2
90. 1
92. 2
82..1

84 .8
8 0 .9
92 .5
8 2 .3
91 .9
95.1
83 .9

8 4 .8
80 .6
91 .8
82 .8
92 .8
9 5 .4
84 .8

84 .9
8 1 .3
92.1
83.1
9 1 .3
92 .8
84 .5

85.1
80.1
9 3 .0
8 2 .8
9 3 .9
96 .5
8 4 .4

8 4 .6
79 .5
91 .3
8 2 .7
9 2 .3
95 .5
8 4 .0

85..0
79..2
92..3
83.,0
91..8
94. 6
84.,4

C hem icals and products
28
Plastics m aterials
2821
Synthetic fibers
2 8 2 3 ,4
Petroleum products
29
R ubber and plastics produc ts
30
Leather and products
31

9.4
0.8
0.4
1.1
3.3
0.2

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

8 7 .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
9 7 .0
9 9 .7
8 8 .5
90 .5
8 3 .8

7 9 .4
75 .3
76 .6
84 .5
7 8 .3
7 6 .4

80. 4
84. 4
82. 6
93. 6
83. 3
81. 6

83 .0
9 1 .7
91 .5
94 .5
8 7 .6
8 3 .8

82 .9
9 1 .4
86 .9
92.1
87 .6
83.1

83.1
90 .6
8 7 .7
91 .0
8 8 .6
8 3 .7

8 3 .9
9 1 .0
9 4 .3
92 .5
8 8 .5
84 .2

8 3 .2

84.,0

8 8 .3
9 2 .4
8 8 .4
8 4 .2

93. 2
89..8
85..0

10
12
13
138
14

6.6
0.5
1.2
4.3
0.5
0.6

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

94 .4
90 .3
90 .8
96 .6
93 .0
9 3 .7

96 .6
87 .6
95 .7
96 .9
10 4.3
93 .3

80 .6
4 3 .4
7 5 .4
82 .5
50 .8
6 3 .3

8 7 .0
87 .5
9 1 .4
8 6 .9
6 0 .7
9 0 .0

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

88. 4
91. 3
80.,5
91..3
70. 8
80. 1

8 9 .6
8 2 .3
86 .7
91 .9
7 6 .0
84 .5

90 .2
8 7 .0
88.1
92 .2
76 .2
8 3 .0

8 9 .3
86 .8
83.1
92 .0
7 5 .2
8 4 .4

8 8 .9
8 1 .0
85 .2
9 1 .7
72.1
8 2 .5

8 8 .9
8 1 .7
84 .6
9 1 .7
74 .2
8 2 .7

88. 7
82.,4
85..0
91..2
72..2
83.,6

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

7.6
5.8
1.7

86,.7
88 .8
82,.5

95 .6
9 9 .0
93 .2

88 .3
8 8 .3
93 .6

76 .2
7 8 .7
70 .8

9 2 .6
9 4 .8
8 5 .5

83.1
8 6 .3
6 8 .3

85. 6
86.,5
82.,7

84 .9
8 7 .0
77 .7

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

8 8 .0
9 0 .2
80 .5

87.1
8 8 .9
8 0 .9

8 6 .4
88.1
8 0 .6

85.,8
87..4
80..4

Fabricated m etal products
Industrial m achinery
and equipm ent
C om puter and office equip.
Electrical m achinery
T ransportation equipm ent
Motor vehicles and parts
Autos and light trucks1
A erospace and misc.
Instruments
M iscellaneous

33
3 3 1 ,2

Nondurable
Foods
Textile mill products
Apparel products
P aper 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
G as

91,.8
87 .7

Note— Prim ary processing m anufacturing includes textile mill products, paper and products, industrial chem icals, synthetic m aterials, and fertilizers,
petroleum products, rubber and plastic products, lum ber and products, primary m etals, fabricated m etals, and stone, clay, and glass products. A dvanced
processing m anufacturing includes foods, tobacco products, apparel products, printing and publishing, chem ical products and other agricultural chem icals,
leather and products, furniture and fixtures, industrial and com m ercial m achinery and com puter equipm ent, electrical machinery, transportation equipment,
instruments, and m iscellaneous m anufactures.




Table 4
INDUSTRIAL CAPACITY: M ANUFACTURING, MINING, AND U TILITIES

Item

S IC

..

P ercent ch anae
D ece m b er to D ece m b er
Annual rate
1967­ 1967­ 1975­
1 9 75
19 93
19 93
1990
19 89
1991
19 92
Ave.
Ave.
Ave.

C apacity indexes
Percent of 19 87 outnut

19 93

1993
Oct.

1 9 94
M av

June

Julv

Aua.

Sept.

Oct.

T o ta l in d u s try

2.8

3 .7

2 .4

1.9

1.9

1.6

1.7

1.9

13 7.0

1 3 9 .0

13 9.3

139.6

140.0

140.3

140.6

M a n u fa c tu rin g

3.2

3.9

2.9

2 .4

2.1

1.9

2 .0

2.2

13 9.7

14 2 .0

14 2.4

14 2.8

143.1

143.5

143.9

2.1
3 .8

4 .0
3 .9

1.2
3.7

1.9
2 .6

1.7
2.2

1.1
2 .2

1.0
2 .4

1.1
2 .7

128.5
14 5.0

12 9.5
14 8 .0

12 9.6
14 8.5

12 9.7
14 9.0

129.9
149.4

13 0.0
14 9.9

130.2
150.4

3.4
1.7
3 .0
1.4

3 .7
2 .9
4 .5
2 .5

3 .3
1.1
2 .3
.8

2 .4
1.0
2 .7
.4

2.0
.6
2.2
.7

1.8
.1
.6
.3

2.2
.3
.8
1.0

2 .6
.7
1.4
1.1

146.0
115.1
12 9.6
129.1

149.1
115.7
1 3 0 .7
12 9 .9

14 9 .6
115.8
13 0 .9
130.1

150.1
115.9
13 1.0
130.2

15 0.6
115.9
131.2
13 0.3

151.1
116.0
13 1.3
13 0.4

151.6
116.1
131.5
130.5

3 3 3 -6 ,9
3331
3334

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

1.7
.7
.3
3 .6
1.8
5.2

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

1.4
2.1
1.7
.2
2 .4
1.2

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

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

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

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

122.7
126.5
122.5
117.6
138.9
124.9

1 2 2 .4
1 2 6 .0
12 2 .0
117.5
13 9 .5
1 2 5 .0

12 2.4
12 6 .0
12 2.0
117.5
13 9.5
12 5 .0

12 2.4
126.0
122.0
117.5
13 9.6
12 5.0

12 2.4
12 6.0
12 2.0
117.5
13 9.6
125.0

12 2.4
12 6.0
122.0
117.5
13 9.7
125.0

122.4
126.0
122.0
117.4
139.7
125.0

34

1.5

3.1

.8

.5

.3

- .1

-.2

-.2

129.2

129.1

129.1

129.1

129.1

129.1

129.0

35
357
36

6.5
20.1
5.2

4 .7
12.0
6.1

7.4
2 4 .3
4 .7

2.5
8.7
4 .3

4.9
15.8
3.5

5 .4
14.2
2 .6

5.2
13.3
2.9

6 .0
14.0
5.2

177.4
2 8 1 .7
157.1

18 6 .2
3 1 3 .2
1 6 3 .3

18 7.8
3 1 8 .6
16 4.3

189.3
3 2 4 .0
16 5.3

19 0.8
3 2 9 .3
16 6 .3

19 2.3
3 3 4 .7
167.3

193.8
340.1
168.3

37
371

2.6
3.1

3.0
4 .5

2 .4
2.5

.8
1.0
.7

3 7 2 -6 ,9
38
39

1.9
5.2
2.1

1.3
7 .6
4 .4

2.3
4 .0
1.0

3.0
3.2
2 .0
2 .7
2.9
1.4

1.2
1.6

.8
1.8
1.0
-.1
1.3
1.7

2.1
3.7
5.1
.5
1.4
1.7

1.2
3.5
3.5
-1 .2
1.5
1.6

143.9
155.7
15 1.7
133.0
140.9
146.1

145.1
1 5 9 .7
1 5 6 .4
1 3 1 .4
14 2 .0
14 7.5

14 5.3
16 0.4
15 7.2
131.1
142.2
14 7.7

145.5
161.1
15 8.0
13 0.9
14 2.3
147.9

14 5.7
16 1.7
15 8.8
130.6
142.5
148.1

145.9
162.4
159.7
13 0.4
142.6
14 8.3

146.0
163.0
160.5
130.1
142.8
14 8.5

20
22
23
26
2 6 1 -3
27

2 .9
2 .6
2 .0
1.2
2 .7
2 .4
3.1

4 .3
3 .0
4 .3
2 .3
3.9
3 .0
3 .0

2.2
2 .4
.9
.7
2.1
2.1
3.2

2 .3
1.1
1.8
.5
2.8
2 .3
3.1

2.1
1.4
1.6
.1
3.0
2.8
2.9

1.9
2 .2
.9
-.6
2 .4
3 .0
1.5

1.7
2.5
1.0
-.8
1.7
1.9
.7

1.7
2 .5
1.8
-.8
1.6
1.7
.7

13 2.0
13 6.6
119.7
116.2
125.1
122.6
12 3.7

13 3 .4
1 3 8 .8
12 1 .2
115.7
1 2 6 .3
12 3 .8
1 2 4 .4

13 3.6
139.1
12 1.4
115.7
12 6.4
124.0
12 4.5

13 3.8
13 9.4
12 1.6
115.6
126.6
124.2
124.6

13 4.0
13 9.7
121.8
115.6
12 6.8
12 4 .4
12 4 .7

134.3
140.1
122.0
115.5
126.9
124.5
124.8

134.5
14 0.4
122.2
115.5
127.1
124.7
124.9

28
C hem icals and products
2821
Plastics m aterials
2 8 2 3 ,4
Synthetic fibers
29
Petroleum products
R ubber and plastics products
30
Leather and products
31

3.8
6.8
4.5
1.5
5.5
- 3 .4

6.8
12 .7
9 .7
4 .2
8.6
-1 .5

2.4
4 .0
2 .0
.3
4 .0
-4 .3

3.6
6 .4
2.5
-.7
3.8
-3 .4

2.4
2.5
1.2
1.0
4 .0
- 3 .5

2 .9
2 .4
2 .8
-1 .0
3 .3
-3 .5

2 .6
1.5
6.6
-1 .3
3.3
- 3 .6

2 .3
2 .9
3.9
-.5
3 .0
-3 .8

146.5
13 1.7
13 4.8
115.6
13 9.9
10 2.8

14 8 .7
13 3 .9
1 3 7 .7
115.3
14 2 .2
10 0 .5

14 9.0
134.2
13 8.2
115.3
14 2.6
10 0.2

14 9.3
134.6
138.6
115.2
142.9
99 .8

14 9 .7
13 4.9
13 9.0
115.2
14 3.2
9 9 .5

15 0.0
13 5.2
13 9.5
115.1
14 3.6
99 .2

150.3
135.5
139.9
115.1
143.9
98 .8

10
12
13
138
14

.0
1.4
2.5
-.6
.3
.8

-.1
.7
2.5
-1 .0
.8
2 .6

.1
1.8
2.5
-.4
.1
.0

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

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

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

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

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

110.9
19 2.5
12 9.7
10 1.5
122.1
117.5

110.6
19 4 .8
13 0 .5
1 0 0 .7
117.2
117.6

110.6
195.2
13 0.6
10 0.6
116.7
117.6

110.6
19 5.6
13 0.7
10 0.6
116.2
117.6

110.5
19 6.0
13 0.8
10 0.5
115.7
117.6

110.5
19 6.4
13 0.9
10 0.4
115.2
117.6

110.5
196.7
131.0
10 0.3
114.7
117.7

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

3 .0
4.1
.3

6 .0
7 .8
2 .3

1.5
2.4
-.7

.7
1.0
.1

2.6
3.4
.0

1.2
1.6
.0

1.2
1.5
.0

1.0
1.3
.0

134.2
13 1.5
14 4.0

13 5 .2
13 2 .8
1 4 4 .0

13 5.3
13 3.0
1 4 4 .0

13 5.5
133.1
14 4.0

13 5.6
13 3.3
14 4 .0

135.8
13 3.5
14 4.0

135.9
13 3.7
14 4.0

P rim a ry p ro c e s s in g
A d v a n c e d p ro c e s s in g
D u ra b le
Lum ber and products
Furniture and fixtures
Stone, d a y , and glass products
Prim ary m etals
Iron and steel
R aw steel
Nonferrous
Prim ary copper
Prim ary aluminum
Fabricated m etal products
Industrial m achinery
and equipm ent
C om puter and office equip.
blectrical m achinery
T ransportation equipm ent
Motor vehicles and parts
Autos and light trucks1
A erospace and misc.
Instruments
Miscellaneous
N o n d u ra b le
Foods
Textile mill products
Apparel products
P aper and products
Pulp and paper
Printing and publishing

M in in g
M e taim ining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minerals
U tilitie s
Electric
G as
1.

24
25
32

33
3 3 1 ,2

.6

Series begins in 1977.




9

Table 5A

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

Feb.

Mar.

Apr.

M ay

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

1982
19 83
19 84
1985
19 86

- 2 .0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
.4
.2

-.6
1.1
.7
.2
.0

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

-.6
1.8
.4
-.3
.5

-.5
1.4
.1
.5
.2

-.7
1.7
-.1
.5
.1

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

-.3
.2
.0
.4
.7

-.9
.5
-.6
1.0
.6

-6 .8
5 .7
11.2
2 .4
2.4

-3 .1
11.1
7 .7
3.8
-3 .4

-6 .0
17.8
4 .0
.1
1.3

-8 .0
11.2
-3 .4
1.2
5.8

- 4 .4
3.7
9.3
1.7
.9

19 87
19 88
19 89
19 90
1991

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

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

.4
.0
.9
.3
-.8

.5
.8
.0
-.7
.2

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

.9
.0
-.3
.2
.9

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

.3
.6
.5
.3
.1

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

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

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

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

5 .5
3.8
3.9
2.1
-7 .8

8.1
3 .0
.3
1.1
1.0

5.2
2.9
-4 .4
1.6
5 .7

6.5
3.0
-.2
- 5 .2
.3

4.9
4.4
1.5
.0
- 1 .8

1992
19 93
19 94

-.3
.2
.5

.8
.6
.4

.5
.1
.8

.7
.4
.1

.4
-.4
.5

-.5
.3
.7

.5
.4
.3

-.3
.2
.8

.1
.2
-.1

.9
.6
.7

.7
.8

.6
1.0

.3
5.2
8.3

5 .6
2 .3
5 .4

.6
2 .8
5.9

6.4
6.7

2 .3
4.1

1982
19 83
19 84
19 85
19 86

82 .4
80 .8
91 .0
93.1
96.1

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

8 3 .7
8 1 .3
9 1 .9
94.1
9 4 .6

8 3 .2
8 2 .3
9 2 .4
9 4 .5
9 4 .8

8 2 .7
83 .2
9 3 .0
9 4 .7
94 .7

8 2 .4
8 3 .7
93 .5
9 4 .4
9 4 .3

82 .0
8 5 .3
93 .9
94.1
9 4 .8

8 1 .6
8 6 .5
9 4 .0
9 4 .5
9 4 .9

8 1 .0
8 7 .9
9 3 .9
9 5 .0
9 5 .0

8 0 .3
8 8 .6
9 3 .2
9 4 .2
9 5 .6

8 0 .0
8 8 ,8
93 .3
94 .6
96 .3

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

8 3 .4
80 .9
9 1 .3
9 3 .6
9 5 .4

8 2 .8
83.1
9 3 .0
94 .5
9 4 .6

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

7 9 .8
88 .9
93.1
94 .8
96 .2

81 .9
84 .9
92 .8
9 4 .4
95 .3

19 87
1988
1989
19 90
1991

96 .5
103.2
106.6
105.5
104.2

9 7 .9
1 0 3 .4
10 6.2
106.1
1 0 3 .0

9 8 .2
10 3.4
107.1
10 6.4
10 2.3

98 .8
10 4.3
107.1
10 5.7
10 2.5

99 .4
10 4.0
10 6.7
10 6.5
103.4

10 0.3
10 4.0
106.4
106.7
104.3

100.6
104.6
10 5.3
106.5
104.5

10 0.9
105.2
105.8
106.8
104.6

10 0 .7
10 4.7
10 5.4
10 6.8
10 5.4

102.1
10 5.0
10 5.0
10 6 .3
10 5.2

102.2
10 5.6
10 5.4
10 5.0
10 5.0

10 2.8
10 6.3
106.1
10 4.5
10 4.6

97 .5
10 3 .3
10 6.6
10 6.0
10 3.2

99 .5
104.1
10 6.7
10 6.3
10 3.4

10 0.8
10 4.8
10 5.5
10 6 .7
104.9

10 2.3
10 5.6
105.5
10 5.3
10 4.9

10 0.0
10 4.4
106.0
10 6.0
104,1

19 92
1993
1994

104.3
109.2
114.6

10 5.2
10 9 .9
115.0

10 5.6
110.0
115.9

10 6 .4
110.5
116.0

106.8
110.0
116.6

10 6.2
110.4
117.5

106.8
110.9
117.8

106.5
111.1
118.7

10 6.6
111.3
118.6

10 7.5
111.9
119.4

10 8.3
112.8

10 9.0
114.0

10 5.0
10 9.7
115.2

10 6.5
110.3
116.7

10 6.6
111.1
118.4

10 8.3
112.9

106.5
110.9

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116.2
119.4

10 8.3
111.1
113.7
116.5
119.6

10 8.6
111.3
113.9
116.8
119.8

10 8.8
111.6
114.2
117.1
12 0.0

10 9.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
12 0.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120.8

110.0
112.6
115.3
118.4
12 1.0

110.2
112.8
115.5
118.7
121.2

110.5
113.1
115.7
119.0
12 1.4

108.1
110.9
113.5
116.2
119.4

10 8.8
111.6
114.2
117.1
12 0.0

10 9.5
112.2
114.8
117.9
12 0.6

110.2
112.8
115.5
118.7
121,2

109.2
111,9
114.5
117.5
12 0.3

1987
1988
19 89
19 90
1991

121.6
124.0
125.8
128.2
130.6

1 2 1 .8
124.1
1 2 6 .0
12 8 .4
13 0 .8

12 2 .0
12 4 .3
12 6 .2
12 8.6
13 1 .0

1 2 2 .2
1 2 4 .4
1 2 6 .4
12 8 .8
131.1

12 2.4
12 4.6
12 6.6
12 9.0
13 1.3

12 2 .6
12 4 .7
12 6.8
12 9.2
13 1.5

12 2.8
12 4.9
127.0
12 9.4
13 1.7

12 3.0
12 5.0
127.2
12 9.6
131.8

12 3.2
125.2
127.4
12 9.8
13 2.0

12 3.4
12 5.3
127.8
130.0
132.2

123.6
12 5.5
127.8
130.2
13 2.4

12 3.8
125.6
12 8.0
13 0.4
132.6

12 1.8
124.1
12 6.0
12 8.4
13 0.8

122.4
12 4.6
12 6.6
12 9.0
13 1.3

12 3.0
12 5.0
127.2
12 9.6
13 1.8

12 3.6
125.5
127.8
130.2
13 2,4

12 2.7
124.8
126.9
129.3
131.6

1992
19 93
1994

132.7
135.0
137.7

1 3 2 .9
13 5 .3
1 3 8 .0

133.1
13 5.5
13 8 .3

1 3 3 .3
1 3 5 .7
1 3 8 .7

133.5
13 5.9
13 9.0

13 3.7
136.1
13 9.3

13 3.9
13 6.3
13 9.6

134.1
13 6.5
14 0.0

13 4.3
13 6.8
14 0.3

13 4.5
13 7.0
140.6

13 4.6
137.2

|
13 4.8 ! 13 2.9
13 7.4
13 5.3
13 8 .0

133.5
13 5.9
13 9,0

134.1
136.5
14 0.0

13 4,6
137.2

133.8
136.2

76 .4
7 3 .0
8 0 .4
80 .3
80 .6

7 7 .9
7 2 .8
80.1
8 0 .7
7 9 .9

7 7 .3
7 3 .2
8 0 .8
8 0 .7
79.1

7 6 .7
7 3 .9
81.1
8 0 .9
79.1

7 6 .0
74 .6
81 .5
80 .9
78 .9

75 .6
74 .9
8 1 .8
80 .5
78 .4

7 5 .0
76.1
81 .9
80 .0
7 8 .7

7 4 .5
77.1
8 1 .8
80 .2
7 8 .7

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

7 3 .0
7 8 .7
8 0 .9
7 9 .6
79.1

7 2 .6
7 8 .7
8 0 .8
7 9 .7
7 9 ,4

7 1 .8
7 8 .9
8Q.2
8 0 .4
7 9 .8

7 7 .2
7 3 .0
8 0 .4
8 0 .6
7 9 .9

76.1
7 4 .5
8 1 .4
8 0 .7
7 8 .8

74 .4
77 .2
81 .8
80 .2
7 8 .7

72 .4
78 .8
80 .6
79 .9
79 ,4

75 .0
75.8
81.1
80 .3
79 .2

1987
1988
1989
19 90
1991

79 .3
83 .2
84 .8
82 .3
79 .8

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

8 0 .5
8 3 .2
8 4 .8
8 2 .7
78.1

8 0 .8
8 3 .8
8 4 .7
82.1
7 8 .2

81 .2
83 .5
8 4 .3
8 2 .5
7 8 .7

81 .8
8 3 .4
8 3 .9
82 .5
7 9 .3

81 .9
83 .8
82 .9
8 2 .3
7 9 .4

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

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

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

8 2 .7
8 4 .2
8 2 .4
8 0 .6
7 9 .3

83.1
8 4 .6
8 2 .8
8 0 .2
7 8 .9

80.1
8 3 .2
8 4 .6
8 2 .5
7 8 .9

8 1 .3
8 3 .6
8 4 .3
8 2 .4
78 .8

81 .9
8 3 .9
82 .9
8 2 .3
7 9 .5

82 .8
8 4 .2
8 2 .5
80 .9
7 9 .3

81 .5
8 3 .7
83 .6
82 .0
79.1

1992
1993
19 94

78 .6
80 .9
83 .2

79.1
8 1 .2
8 3 .3

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

7 9 .8
8 1 .4
8 3 .7

8 0 .0
8 1 .0
8 3 .9

7 9 .5
81.1
8 4 .3

7 9 .8
8 1 .3
8 4 .4

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

7 9 .4
8 1 .4
8 4 .5

8 0 .0
8 1 .7
8 4 .9

8 0 .4
82 .2

8 0 .8
8 2 .9

7 9 .0
81.1
8 3 .4

79.8
81 .2
8 4 .0

79.5
8 1 .4
84 .6

8 0 .4
8 2 .3

7 9 .7
81.5

Year

Industrial
Production,
Percent
Change1

Industrial
Production

C a p a c ity
1982
19 83
19 84
1985
1986

U tiliz a tio n
1982
19 83
1984
1985
1986

1. Q uarterly percent changes are at annual rates. A nnual 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.

M ay

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

Annual

19 82
19 83
1 9 84
1 9 85
1986

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

2.9
.4
.6
-.4

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

-1 .0
1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

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

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
-.1
.2
.3

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

-.4
,5
.0
1.3
.5

-.5
.1
-.4
.1
1.0

-4 .9
10 .4
13 .3
1.7
4 .6

-2 .8
13.8
6 .9
5.1
.1

-4 .8
17.5
4 .7
1.0
3 .5

- 7 .5
12.5
-.3
2 .4
7.2

- 4 .6
5.6
10.4
2.6
2.9

1 9 87
19 88
19 89
19 90
1991

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

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

.5
.2
.6
.4
-.9

.4
.7
.2
-.9
.3

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

.9
.0
-.2
.0
1.0

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

.0
.4
.4
.5
.2

.2
.0
-.4
-.1
.9

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

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

.6
.6
.2
-.5
.0

6 .3
3 .6
4 .3
3 .7
-9 .1

8 .6
3 .3
-.3
.2
.8

5 .6
3 .0
-5 .3
1.0
6 .9

6.8
4 .4
-1 .3
-5 .5
1.1

6.0
4.7
1.6
-.3
- 2 .2

19 92
1 9 93
19 94

-.4
.5
.1

.9
.4
.5

.5
.2
1.0

.7
.7
.4

.4
-.2
.7

-.4
.1
.3

.4
.4
.5

-.1
.1
1,0

.1
.3
.0

.9
.7
.9

.8
1.0

.5
1.2

1.2
6 .0
7.8

6.1
3 .3
7.3

.9
2 .4
6 .7

6 ,5
8 .4

3.0
4.6

1982
1 9 83
19 84
19 85
19 86

7 6 .6
7 6 .2
87.1
89 .9
9 4 .0

78 .8
76 .5
87 .6
90 .4
93 .6

78 .2
7 7 .6
8 8 .3
91.1
9 2 .7

7 7 .4
7 8 .3
8 8 .7
9 1 .4
93 .5

77 .3
7 9 .4
89.1
9 2 .0
93 .6

7 7 .2
8 0 .0
8 9 .7
91 .5
9 3 .3

76 .8
81 .2
90.1
91 .3
93 .9

7 6 .4
8 2 .3
9 0 .3
9 2 .0
9 4 .4

75.9
84.1
90.2
92.3
94 .6

75 .2
8 4 .7
90 .2
91 .6
95 .3

74 .9
85.1
90.2
92.8
95 .8

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

7 7 .9
7 6 .8
8 7 .7
9 0 .5
9 3 .5

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

7 6 .4
8 2 .5
9 0 .2
9 1 .9
9 4 .3

7 4 .9
8 5 .0
90.1
9 2 .4
9 5 .9

76 .6
8 0 .9
8 9 .3
91 .6
9 4 .3

1 9 87
19 88
19 89
1990
1991

9 6 .2
103.2
10 7.7
105.5
10 3.7

9 7 .8
10 3.4
10 6.7
106.5
10 2.6

9 8 .3
103.6
10 7.3
107.0
101.7

9 8 .7
10 4.3
10 7.6
10 6.0
10 2.0

9 9 .4
104.2
107.1
106.6
102.8

10 0 .3
10 4.2
10 6.8
10 6.6
10 3 .8

100.7
10 4.7
105.5
106.3
104.1

10 0.7
105.1
10 6.0
10 6.9
10 4 .3

100.9
105.2
105.6
106.8
105.3

102.0
10 5.3
105.1
106.2
105.1

10 2.4
106.2
105.4
104.9
104.8

10 3 .0
10 6.8
10 5.6
10 4.4
10 4 .7

9 7 .4
1 0 3 .4
10 7 .2
1 0 6 .3
1 0 2 .7

9 9 .4
10 4.2
10 7.2
10 6.4
10 2 .9

10 0.8
10 5.0
1 0 5 .7
10 6.6
10 4 .6

10 2.5
106.1
10 5 .4
105.1
1 0 4 .9

10 0.0
10 4.7
10 6.4
106.1
10 3 .7

1992
19 93
19 9 4

104.4
109.9
115.6

105.3
110.4
116.1

105.9
110.5
117.2

10 6,6
111.3
117.7

107.1
111.1
118.5

10 6 .7
111.2
118.9

107.1
111.6
119.5

10 6.9
111.8
12 0.7

107.0
112.1
120.6

107.9
112.9
12 1.7

108.8
114.0

10 9.3
115.4

10 5 .2
110.3
11 6.3

10 6.8
111.2
118.3

10 7 .0
111.8
1 2 0 .3

10 8 .7
114.1

10 6.8
111.7

C a p a c ity
1982
1983
1 984
1985
1986

10 3.9
10 6.7
10 9.4
113.1
117.6

104.2
106.9
10 9.7
113.4
117.9

104.4
107.2
110.0
113.8
118.2

10 4.6
107.4
110.3
114.2
118.5

104.9
107.6
110.6
114.6
118.8

105.1
10 7.8
110.9
115.0
119.1

105.3
108.0
111.2
115.3
119.3

10 5.6
10 8.3
111.5
115.7
119.6

105.8
108.5
111.8
116.1
119.9

10 6.0
108.7
112.1
116.5
12 0.2

106.3
108.9
112.4
116.9
120.5

10 6.5
109.1
112.7
117.2
120.8

10 4 .2
1 0 6 .9
1 0 9 .7
113.4
117.9

10 4.9
10 7.6
110.6
114.6
118.8

10 5.6
10 8.3
111.5
115.7
119.6

10 6.3
10 8.9
112.4
116.9
12 0.5

10 5.2
10 7.9
111.1
115.2
119.2

1987
1988
1989
1 990
1991

121.2
124.2
126.6
129.6
132.3

121.5
124.4
12 6.9
129.8
132.5

121.7
124.6
127.1
130.0
132.7

121.9
12 4.8
12 7,4
13 0.3
132.9

122.2
125.0
127.6
130.5
133.1

12 2.4
12 5.2
12 7.9
13 0.7
13 3.3

122.7
125.4
128.1
130.9
133.5

12 2.9
12 5.6
12 8,4
131.2
133.7

123.2
125.8
128.6
131.4
133.9

12 3.4
12 6.0
128.9
131.6
134.1

123.7
126.2
129.1
131.8
134.3

12 3.9
12 6.4
12 9.4
13 2.0
134.5

1 2 1 .5
1 2 4 .4
12 6 .9
12 9 .8
13 2 .5

12 2.2
12 5 .0
12 7.6
13 0.5
133.1

12 2.9
12 5.6
1 2 8 .4
13 1.2
1 3 3 .7

12 3.7
12 6.2
129.1
13 1.8
13 4 .3

12 2.6
12 5 .3
12 8 .0
13 0.8
13 3 .4

1992
1993
19 9 4

134.7
13 7.4
14 0.5

134.9
137.7
14 0.9

135.2
137.9
14 1.3

13 5.4
138.2
14 1.7

135.6
13 8.4
14 2.0

13 5.8
13 8 .7
14 2.4

136.1
138.9
142.8

136.3
139.2
143.1

136.5
139.5
143.5

13 6.7
13 9.7
143.9

137.0
140.0

137.2
140.2

1 3 4 .9
1 3 7 .7
14 0 .9

13 5.6
13 8 .4
1 4 2 .0

1 3 6 .3
13 9 .2
143.1

13 7,0
14 0 .0

13 5.9
13 8.8

7 3 .7
7 1 .4
79 .6
79 .5
80 .0

7 5 .6
7 1 .5
79.9
7 9 .7
79 .4

74.9
7 2 .4
80 .3
80 .0
78 .5

7 4 .0
7 3 .0
8 0 .4
8 0 .0
7 9 .0

7 3 .7
7 3 .8
8 0 .6
8 0 .3
78 .8

7 3 .5
7 4 .2
6 0 .9
7 9 .6
7 8 .4

72 .9
75 .2
81 .0
79 .2
78 .7

7 2 .3
7 6 .0
8 0 .9
7 9 .5
7 8 .9

71 .7
77 .5
80 .7
79,5
78.9

7 0 .9
7 7 .9
8 0 .5
7 8 .6
7 9 .3

70 .5
78.1
8 0 .3
79 .4
79 .5

70 .0
7 8 .0
79 .7
79 .2
8 0 .0

7 4 .7
7 1 .8
7 9 .9
7 9 .8
7 9 .3

7 3 .7
7 3 .7
8 0 .6
8 0 .0
7 8 .7

7 2 .3
7 6 .2
8 0 .9
7 9 .4
7 8 .8

7 0 .5
7 8 .0
8 0 .2
79.1
7 9 .6

7 2 .8
7 4 .9
8 0 .4
7 9 .5
79.1

19 87
1988
19 89
1990
1991

7 9 .3
83.1
85.1
8 1 .4
78 .4

80 .5
83.1
84.1
82 .0
77 .4

80 .7
83.1
84 .5
8 2 .3
7 6 .7

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

8 1 .3
8 3 .4
83 .9
8 1 .7
77 .2

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

82.1
83 .5
8 2 .4
8 1 ,2
78 .0

8 1 .9
8 3 .7
8 2 .6
8 1 .5
7 8 .0

81 .9
83 .6
82.1
81 .3
78 .6

8 2 .6
8 3 .6
81 .5
8 0 .7
7 8 .4

82 .8
84 .2
81 .6
79 .6
78 .0

83.1
8 4 .5
81 .6
79.1
7 7 .9

8 0 .2
83.1
8 4 .5
8 1 .9
7 7 .5

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

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

8 2 .8
84.1
8 1 .6
7 9 .8
78.1

8 1 .6
8 3 .6
83.1
81.1
7 7 .8

1992
19 93
1994

77 .5
80 .0
82 .2

78.1
80 .2
82 .4

7 8 .3
80.1
8 3 .0

7 8 .7
8 0 .6
83.1

78 .9
80 .2
8 3 .4

7 8 .5
80.1
8 3 .5

7 8 .7
8 0 .3
8 3 .7

7 8 .5
8 0 .3
8 4 .3

78 .4
8 0 .4
84.1

7 8 .9
8 0 .8
8 4 .6

7 9 .4
81 .5

7 9 .7
8 2 .3

7 7 .9
80.1
8 2 .5

7 8 .7
8 0 .3
8 3 .3

7 8 .5
8 0 .3
8 4 .0

7 9 .4
8 1 .5

7 8 .6
8 0 .6

Year
In d u s tria l
P ro d u c tio n ,
P e rc e n t

Change1

.6

industrial
Production

U tiliz a tio n
1982
1 9 83
1984
1985
1986

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
Index.

Proportion
in total IP
Item

S IC

1 9 87

19 93

1994
Aor.

M av

June

Julvr

A ua.r

S e n t/

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

.33
.06
.28
.09

.50
.06
.44
.12

17 1.3
113.9
183.0
142.7

160.3
117.7
168.8
131.7

169.8
125.0
179.0
136.1

16 9 .8
12 4 .9
17 8.9
149.1

15 8.8
130.1
164.2
14 4.8

16 0.4

12

1.23

1.15

119.8

113.2

115.0

10 8.6

111.4

.

Metal mining
Iron ore
N onferrous ores
C o p p er

U)8 7 = 100

Seasonally adjusted

Coal mining

16 6.9

110.7

----- ---------------------------------------------------Not seasonally ariiustPri

1994
Aor.

M av

June

Julvr

A ua.r

S e n t/

17 3.5
117.3
18 4.8
14 3 .0

16 5.4
127.5
17 3.0
13 7.4

17 2 .4
13 5.2
17 9 .8
13 8.7

16 9.5
13 2.6
17 6.9
14 9 .5

16 3 .3
13 5.4
1 6 8 .8
147.1

16 3.7

118.2

108.5

113.8

10 0.8

116.3

113.9

9 0 .7
91 .0
7 9 .5
110.9
110.2
78 .6

9 0 ,7
9 0 .4
7 8 .4
111.2
112.3
8 2 .9

9 0 .6
8 9 .9
7 7 .8
110.9
113.6
8 4 .5

8 9 .9
8 9 .2
78.1
10 8.5
114.3
8 4 .0

90 .7
89 .5
7 8 .4
114.2
8 8 .4

170.5

132
138

5 .7 9
4.91
3 .1 2
1.80
.29
.58

4.81
4 .0 8
2 .2 9
1.79
.29
.43

91.9
91 .4
79 .0
112.9
107.2
89 .6

92.6
92 .0
79 .8
113.2
110.5
89.1

92.8
92.1
79.4
114.1
112.7
88.9

9 2 .5
9 1 .8
7 8 .5
114.9
115.0
8 7 .4

92 .2
9 1 .8
7 9 .0
114.2
116.6
8 3 .4

116.6
8 5 .5

9 0 .6
90 .9
79.1
111.3
107.6
79 .2

14

.67

.56

96.9

99 .3

97.6

9 9 .2

97.1

9 7 .3

96 .9

10 3.4

10 3.9

10 5.6

10 4.9

104.9

20
201

2026

8 .8 0
1.00
.40
.28
.31
.02
.86
.01
.19
.17
.09
.39

8 .6 2
1.05
.35
.30
.38
.01
.78
.01
.21
.15
.09
.33

111.8
120.7
105.4
121.2
142.2
8 1 .7
105.9
107.8
120.6
111.8
119.3
93 .0

112.3
122.0
101.8
125.6
146.8
87 .8
106.5
113.0
124.5
113.3
113.2
93.0

112.1
124.4
104.0
127.3
150.5
82.3
104.9
113.1
124.0
107,7
112.0
92.6

113.4
122.1
10 4 .9
12 5.9
14 3 .3
7 3 .8
10 5 .4
114.4
12 4.2
10 7 .9
115.4
9 2 .7

111.9
12 4.3
103.1
12 5.7
15 3.0
8 0 .0
105.1
113.9
119.7
112.7
111.5
93 .0

111.4
12 0 .3
9 9 .8
116.8
152.5
7 9 .2
10 2.7
107.1
12 4.5
94.1
112.1
9 3 .7

10 7.0
118.8
9 9 .3
12 2.2
14 2.9
8 2 .5
113.2
12 1.9
12 6.0
12 8.7
12 8.8
96 .2

10 9.7
119.5
10 1.4
116.7
147.3
8 2 .5
115.7
118.8
12 9.4
135.1
129.5
97 .2

114.4
12 5.8
110.2
117.9
155.6
7 9 .2
113.6
10 2.0
12 8.3
12 1.6
143.1
9 6 .3

114.8
117.9
105.8
110.4
143.2
6 7 .4
10 7.2
8 8 .0
121.1
107.1
14 0.8
93.1

118.5
12 6.5
10 8 .7
119.8
15 8.6
7 6 .0
10 2.2
8 5 .0
115.2
9 9 .0
12 9 .6
9 1 .5

118.6
123.2
103.6
12 0.3
153.5
8 0 .8
96 .9
8 6 .2
120.9
73 .8
114.5
91 .5

203
204
205
206
207
208
2 0 8 2 ,3
2 0 8 6 ,7
209
2095

1.25
1.11
1.10
.62
.23
1.6 4
.54
.86
.99
.19

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

119.8
117.4
100.7
108.1
127.0
111.3
112.3
116.5
104.1
95.6

121.6
116.7
100.9
104.7
126.1
112.9
114.8
117.7
102.6
93.2

122.9
114.7
101.7
108.1
124.9
112.7
110.4
120.0
100.3
86.4

117.3
118.6
10 2 .9
111.3
12 5 .6
114.4

112.0
117.2
10 2.3
111.2
13 2.7
113.5

110.6
117.0
10 3.6
10 9.6
132.1
114.2

134.7
12 0.8
114.3
117.8
130.8
120.8

12 1.5
10 5.4
8 3 .5

119.3
115.5
10 6 .4
9 6 .8
124.1
12 1 .7
12 4.8
126.8
102.1
7 7 .7

1 2 9 .7
12 0 .0
112.4
10 6 .6
12 6 .3
12 4.6

12 0.6
10 3.5
8 6 .8

112.3
114.0
98 .5
90 .6
12 2.3
115.1
12 6.6
114.6
98 .9
8 4 .4

119.5
116.5
110.6
9 8 .3
117.8
12 2.0

12 0 .9
110.1
118.9

10 7.5
112.7
9 5 .7
92 .9
125.1
109.2
118.0
10 9.0
96 .2
8 1 .0

13 4.0
112.2
93 .9

13 8 .7
111.2
8 6 .4

134.8
108.7
8 3 .8

21

1.03

.85

94.1

97.4

96.8

9 5 .0

98 .2

9 8 .6

8 7 .4

91.1

10 5.4

8 0 .2

108.1

105.8

T e x tile m ill products
22
Fabrics
2 2 1 -4
Cotton and synthetic
2 2 1 ,2
N arro w fabrics
224
Knit goods
225
Knit garm ents
2 2 5 3 ,4 ,7 -9
Fabric finishing
226
Carpeting
227
Yarns and m iscellaneous
2 2 8 ,9
Cotton and synthetic yarns
2 2 8 1 ,2 ,4

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

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

111.5
104.7
104.8
100.5
126.7
133.3
8 8 .3
108.1
114.4
111.4

112.1
107.4
107.7
104.7
129.9
134.6
87 .6
105.9
111.6
106.8

111.4
106.1
106.2
105.5
129.7
134.5
87.7
100.1
113.3
109.5

112.0
10 5 .9
10 6.6
10 6 .0
12 9 .6
13 6 .0
8 9 .0
10 7.2
112.5
1 0 8 .3

113.3
110.2
112.1
10 6.2
12 8.6
13 5.6
90.1
10 5.6
113.2
111.4

111.4
10 8.3
110.0
10 6.9
12 8.2
13 4 .7
9 1 .2
9 8 .2
112.3
10 9.8

112.6
108.0
10 7.7
10 0.3
12 5.8
12 7.2
89.1
110.9
114.3
111.6

115.2
110.2
110.3
104.2
132.1
13 7.4
90 .9
110.4
115.6
113.5

116.6
108.5
10 8.4
106.1
14 3.2
14 9.5
8 9 .9
10 3.6
115.5
112.3

10 8.8
9 8 .0
9 8 .0
99 .2
13 1.6
139.9
7 9 .9
113.2
10 7.3
10 2.4

117.4
111.3
113.7
1 0 6 .7
14 0.9
15 5 .0
9 2 .0
10 7 .6
115.5
114.2

116.0
108.5
110.8
10 8.0
142.4
154.2
92.1
10 0.4
115.0
112.6

Apparel products

23

2 .3 3

1.96

94 .6

95 .3

95.7

96.1

9 5 .7

95 .6

93 .2

9 5 .0

9 8 .4

9 4 .2

9 9 .0

99 .2

24
2 4 1 ,2
241
2 4 3 - 5 ,9
243
2 4 3 5 ,6
245

2 .0 7
.85
.29
1.22
.72
.20
.18

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

103.8
93 .0
84.1
111.4
101.1
93 .7
136.2

105.8
96.1
8 4 .4
112.4
10 1.7
9 4 .4
13 5.9

105.9
95.9
81.9
112.6
102.3
96.1
138.1

10 6 .0
9 6 .7
8 2 .5
112.6
10 1 .5
8 9 .6
13 5 .7

10 6.0
9 5 .3
8 4 .6
113.3
10 1.8
9 2 .2
13 5.5

106.1
9 4 .5
8 3 .0
114.2
10 2.2
9 3 .6
14 1 .7

10 4.0
91 .9
76 .3
112.4
9 9 .4
9 2 .9
14 3.9

106.1
95 .2
8 1 .4
113.7
102.1
95 .2
144.1

10 9.9
9 9 .9
8 6 .0
116.8
104.8
9 6 .2
15 4.8

10 5.3
95 .9
8 7 .9
111.8
10 3.4
8 9 .4
12 9 .7

110.5
9 9 .2
91.1
118.4
10 5.9
9 5 .3
154.1

109.9
99 .2
9 0 .2
117.4
104.9
95 .9
152.1

Oil and gas extraction
C ru de oil and natural gas
C ru de oil, total
N atural gas
N atural gas liquids
Oil and gas well drilling

Stone and earth m in e ra ls
Foods
M e a t products
B eef
Pork
Poultry
M iscellaneous m eats
D airy products
Butter
C heese
C on cen trated milk
Frozen desserts
Milk and misc. dairy products
C an n ed and frozen food
G rain mill products
Bakery products
S u g ar and confectionery
Fats and oils
B everages
B eer and ale
Soft drinks
Coffee and m iscellaneous
R oasted coffee
T o b a c c o products

Lumber and products
Logging and lum ber
Logging
Lum ber products
M illwork and plywood
Plywood
M anufactured hom es




13
131

202
2021

2022
2023
2024

12

92.1
9 1 .4
7 8 .8

Table 6 (continued)
INDUSTRIAL PROD UCTIO N: INDUSTRY S U B TO TA L S AND INDIVIDUAL SERIES
Index, 1987 = 100

Proportion
in total IP___

June

Julvr

1.47
.69

1.37
.63

109.5
106.5

109.9
105.6

110.6
107.6

112.4
111.4

113.7
112.2

113.5
112.9

107.5
106.4

107.6
105.4

112.2
110.1

108.8
101.3

118.7
116.2

119.6
117.6

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.70
1.71
.16
1.03
.52
1.99
.75
1.23

112.8
114.3
111.5
111.5
120.8
111.5
121.9
105.6

116.0
117.8
111.1
116.7
122.1
114.5
122.6
110.0

117.4
118.3
110.3
117.5
122.5
116.5
124.0
112.4

115.6
115.2
109.5
113.5
120.6
116.0
128.3
109.0

119.1
120.0
113.2
118.9
124.4
118.3
126.5
113.7

117.2
118.9
112.7
116.6
125.5
115.7
125.6
110.1

113.9
114.4
112.8
112.2
119.4
113.6
127.8
105.6

113.2
114.5
106.7
113.1
119.9
112.1
120.8
107.1

118.3
119.1
110.3
117.7
124.8
117.6
126.1
112.8

113.6
113.9
112.4
111.2
119.9
113.3
127.9
105.1

119.8
119.9
111.3
119.3
124.0
119.7
128.9
114.6

118.0
119.1
111.2
117.1
125.7
117.0
127.2
111.3

6.51
1.76
1.79
2.97

5.95
1.28
1.65
3.02

103.9
80.5
103.3
118.6

104.4
79.6
103.7
119.2

105.5
78.9
104.6
121.6

105.3
79.3
102.2
122.5

105.2
79.5
103.6
121.0

104.9
79.5
103.8
120.6

102.4
83.9
105.8
111.3

101.9
78.4
103.5
114.8

107.0
78.1
102.9
126.5

108.8
75.2
101.9
133.0

111.7
77.3
103.2
137.2

112.2
81.3
103.1
135.9

28

8.76

9.31

121.2

123.3

123.6

124.2

125.5

124.8

119.5

122.1

128.0

128.3

130.9

131.2

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.91
.94
.05
.11
.64
.40

123.8
135.1
106.9
123.3
139.7
142.5

126.8
135.8
113.5
114.6
141.0
142.7

125.1
136.8
116.4
131.4
139.1
142.9

125.7
138.2
111.3
119.7
143.0
143.7

127.9
140.2
118.0
128.3
143.0
144.1

127.0
140.9
117.0
125.4
144.3
143.8

125.1
135.5
106.7
124.3
139.9
142.2

125.9
134.3
110.5
114.7
139.0
136.3

126.5
138.5
116.9
135.6
140.9
144.9

124.6
133.5
114.1
117.5
136.3
137.2

126.8
140.2
117.1
123.4
144.1
145.9

128.9
143.4
117.7
127.8
147.5
149.1

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.64

121.2
118.5
121.6
120.0

126.3
122.8
126.0
122.5

124.5
122.8
120.1
119.5

124.0
122.0
121.6
120.5

128.2
122.7
131.1
121.3

125.9
123.1
120.6

124.8
121.6
125.6
119.9

125.0
122.2
124.0
122.3

126.7
124.1
125.2
120.1

123.3
121.8
121.4
121.1

126.0
121.3
128.5
120.5

125.3
121.2

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.88
2.47
1.51
.36
.52

117.9
139.3
103.4
91.1
134.3

119.6
142.0
105.0
92.0
134.9

121.1
144.4
106.7
91.3
135.4

121.7
145.0
107.1
91.2
137.3

122.5
146.5
108.0
90.9
137.5

121.8
146.0
106.7
90.4
137.3

113.3
132.0
98.2
99.1
138.5

117.8
137.8
102.6
103.0
136.2

128.6
154.7
110.7
107.8
134.4

130.6
157.4
114.8
99.3
134.0

133.8
162.3
116.7
99.4
135.0

132.3
163.0
113.5
94.4
138.1

29

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

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

108.9
108.3
110.5
121.0
95.7
112.6
103.0
112.3

109.0
108.5
113.3
124.4
91.0
107.7
102.5
111.6

106.2
105.8
106.9
119.7
87.8
106.8
101.7
107.9

104.9
103.7
103.6
114.5
94.7
105.0
100.4
111.1

106.6
106.1
105.6
116.0
96.9
112.1
102.2
110.6

106.4
105.9
106.8
114.5
96.8
105.1
103.3
109.5

105.4
106.0
109.7
119.2
93.2
103.1
101.2
102.4

110.2
109.6
119.4
121.7
93.7
103.7
103.6
113.6

111.4
110.2
121.8
120.5
87.0
104.6
104.7
117.8

111.1
108.9
119.3
117.7
89.4
107.3
103.4
123.0

111.9
110.0
120.4
116.9
93.6
113.0
104.1
122.3

111.2
109.0
120.0
116.3
90.6
108.4
103.6
122.6

3.21
.40
.56
2.25

3.35
.46
.55
2.35

123.0
132.8
110.6
124.4

124.6
134.8
115.2
124.7

124.9
134.9
114.4
125.8

126.6
137.7
117.5
126.7

126.8
123.7
119.9
129.0

126.9
123.3
119.4
129.4

123.4
135.8
112.1
124.0

124.9
137.3
115.2
125.1

127.1
135.3
117.2
128.1

122.0
115.7
116.1
124.6

127.3
124.6
123.6
128.7

129.1
125.5
123.4
131.2

.32
.16

.24
.11

86.0
77.0

84.3
74.3

83.2
72.9

83.6
71.5

83.8
73.1

83.5
72.7

84.3
75.0

83.5
74.5

86.1
75.9

79.4
69.6

85.7
75.4

85.9
74.3

2.41
.37
.20
.17
.13
1.43

2.15
.34
.17
.14
.11
1.22

102.7
100.8
89.0
92.1
113.1
97.9

104.1
102.1
92.5
106.1
112.9
98.6

103.2
105.8
98.1
104.0
111.9
96.3

102.7
100.5
89.8

103.6
102.2
91.4

103.8
105.0
94.5

106.7
103.9
91.7

109.8
97.4

106.9
110.2
104.2
125.8
116.8
97.6

108.1
106.6
96.4

110.8
97.8

105.5
105.5
97.5
117.8
115.1
98.3

104.3
104.0
94.8

111.5
97.2

101.7
103.6
94.5
93.1
113.2
95.9

105.4
97.1

116.1
100.2

114.3
98.4

25

251

Paper and products

26

Pulp and paper
Wood pulp
Paper
Paperboard
Paper products
Paperboard containers
Converted paper products

261-3
261
262
263
265,7
265
267

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, nec
Acids and other
Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals

Petroleum products

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

30

301
302,5,6
308

Leather and products

31

Shoes

314

Stone, clay, and glass products




Mav

1993

Household furniture

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

Aug.r SeDt.r

1987

SIC

Furniture and fixtures

Tires
Other rubber products
Plastics products, nec

Not seasonailv adjusted
1994
Apr.

1994
Aor.

Item

Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Seasonallvadiusted

32

322
3221
324
325
326-9

Mav

June

Julvr

13

Aua.r Seot.r

129.0

Table 6 (continued)
IN D USTR IAL PROD UCTIO N: INDUSTRY S U B TO TA LS AND INDIVIDUAL SERIES
Index. 1£>87=100

Proportion
in total IP
SIC

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

33
331,2
331

Seasonallv adjusted

1993

1994
Apr.

Mav

June

Julvr

3.33
1.93
1.48
.35
.20
.10

3.20
1.94
1.53
.33
.19
.10

114.4
122.2
125.6
106.8
113.5
105.3

115.4
123.2
126.5
107.7
116.1
105.7

111.9
118.6
121.8
107.0
114.6
106.3

110.9
116.5
118.2
104.4
110.6
104.7

111.3
113.4
114.1
105.0
110.2
107.0

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

131.5
130.9
101.7
148.4
98.3
138.4
110.1

132.4
130.1
106.3
141.0
110.9
139.5
112.9

126.4
126.6
104.0
131.4
97.0
133.3
108.9

122.4
117.6
106.0
134.9
84.8
128.9
111.7

1987

-------------------------------------Not seasonallv ariii istpri

1994
Aor.

Mav

June

Julvr

113.5
118.2
119.9
105.3
108.9
109.9

116.7
124.8
128.2
108.1
114.1
108.1

115.6
123.4
126.6
108.5
116.8
107.4

113.8
120.8
123.4
106.6
113.8
107.0

108.4
114.9
117.3
103.5
110.1
102.6

109.3
111.0
112.2
103.1
108.4
104.2

115.0
119.8
121.4
104.9
108.8
108.8

116.9
121.0
94.0
121.8
91.1
122.4
110.8

124.5
128.4
107.9
137.1
95.2
127.4
112.6

134.5
139.3
107.6
148.2
99.6
139.8
113.4

132.3
140.2
106.2
142.7
115.2
135.4
112.7

128.6
134.2
102.6
133.8
105.3
134.0
112.1

121.7
101.4
100.7
140.5
92.9
131.8
106.8

115.1
117.1
89.4
124.2
95.8
120.4
107.0

126.6
131.3
105.9
142.8
93.8
129.8
114.2

Aua.r Sect/

Aua.r Sect/

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

332

1.13
.19
.14
.12
.06
.62
.45

Nonferrous metals
Primary nonferrous metals
Copper
Aluminum

333-6,9
333
3331
3334

1.40
.22
.03
.14

1.26
.23
.03
.14

103.8
107.5
114.5
98.3

104.7
110.6
122.9
97.4

102.6
114.3
123.6
97.3

103.2
113.6
122.4
97.6

108.4
110.9
122.2
97.1

107.1
111.9
118.4
97.7

105.6
108.7
114.8
98.0

105.0
111.0
119.6
97.7

104.1
111.8
120.8
97.3

99.4
108.4
114.9
96.9

106.8
107.9
121.5
96.6

108.4
110.8
119.5
97.1

Nonferrous products
Nonferrous mill products

335,6
335
3353-5
336

.99
.75
.24
.25

.83
.62
.22
.21

99.9
98.7
110.2
103.6

100.0
98.4
108.4
105.0

97.0
93.9
100.0
106.6

97.5
94.4
96.9
106.9

105.5
104.3
123.1
109.3

103.2
100.5
119.5
111.5

101.2
100.4
115.8
103.7

100.6
99.1
109.5
105.3

98.9
96.1
103.0
107.5

94.2
91.4
100.0
103.0

104.0
102.9
121.9
107.2

104.5
102.3
115.7
111.2

Fabricated metal products
34
Metal containers
341
Metal cans
3411
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

5.42
.30
.28
.58
.52
1.35
2.98
1.63

4.86
.30
.27
.50
.45
1.17
2.71
1.55

105.0
112.4
113.5
98.5
97.0
102.8
106.6
112.3

105.1
109.0
110.0
101.2
99.8
102.1
107.2
112.9

106.4
112.2
113.4
101.0
99.6
102.8
107.8
114.0

107.8
115.6
117.0
103.5
102.2
104.3
109.1
116.1

108.3
112.1
113.2
103.5
102.2
104.0
110.7
118.0

108.7
114.6

103.8
113.8
114.7
96.9
95.4
99.9
106.0
111.4

105.4
122.8
124.7
99.0
97.6
100.9
107.0
113.1

109.3
131.4
134.0
103.2
102.1
104.3
110.3
118.2

107.5
125.5
127.4
103.7
102.7
105.4
106.9
114.6

110.4
126.7
128.8
106.6
105.6
106.6
110.9
119.5

111.6
120.3

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

8.54
.51
.41
.82
1.00
.70
1.00
.32
.67
2.34
.83
.95

11.10 162.8 165.0 166.3 168.6
.50 117.3 114.6 117.5 113.8
.48 145.6 147.9 146.8 151.7
.82 119.4 119.4 117.9 119.8
1.02 122.3 126.1 127.3 129.7
.71 119.4 121.1 121.1 122.4
1.05 118.0 119.1 119.8 119.6
.31 109.3 110.1 110.9 110.3
.74 122.3 123.4 124.0 124.1
4.70 273.4 274.2 278.6 282.7
.86 124.2 127.7 129.0 131.3
.96 117.9 120.8 121.6 122.6

170.5
115.3
146.7
121.5
130.1
124.3
121.0
112.5
125.0
286.2
137.0
124.8

172.0 158.5 163.9
114.4 114.0 114.6
152.8 154.4 152.6
122.7 118.1 119.5
130.3 118.9 122.5
125.4 119.0 120.9
121.8 116.1 117.3
112.9 108.9 109.6
126.1 119.5 121.0
290.2 259.0 272.3
136.3 127.4 133.8
124.9 113.7 117.1

172.6 173.5 179.1 177.8
116.3 113.4 111.3 114.7
147.2 138.5 136.3 143.6
120.1 120.1 120.4 122.6
131.1 134.0 137.8 138.8
121.4 119.0 121.9 126.2
122.7 121.5 123.8 127.0
111.3 107.4 109.5 112.2
128.1 128.2 130.7 134.0
291.6 296.9 313.6 302.9
142.9 140.4 135.8 138.9
126.0 128.5 134.5 132.6

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

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

6.92
.97
.33
.54
.09
.10
.10
.24
.10
.09

7.96
.88
.26
.56
.08
.11
.11
.26
.10
.08

140.2
101.6
92.5
126.6
111.7
124.5
130.6
131.6
120.4
110.3

141.9
103.3
94.3
125.0
121.8
121.7
114.4
132.2
119.9
109.2

144.1
106.8
100.5
124.5
115.9
118.1
119.5
132.7
119.4
111.4

147.9
108.5
103.9
134.7
129.1
126.9
146.6
135.3
121.3
120.3

150.2
109.2
104.8
133.8
111.6
160.1
128.4
133.0
119.3
116.0

151.7
110.1
105.5
131.2
129.9
135.0
124.2
133.0
121.7
113.1

138.6
100.1
89.0
127.8
114.0
136.2
134.2
126.8
114.2
114.3

141.0
101.4
90.9
126.6
121.4
138.7
121.9
125.3
116.8
109.4

145.9
110.5
104.1
128.6
112.2
137.6
126.9
131.7
119.7
116.8

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

365
366
367
369
3691

.22
1.44
2.23
.78
.12

.30
1.51
3.23
.87
.11

116.2
122.2
192.3
131.2
103.6

133.3
124.0
194.1
131.6
99.2

138.8
124.4
198.7
130.3
102.8

124.5
124.9
204.2
136.0
104.0

145.7
129.6
208.6
132.1
99.5

136.8
130.9
213.2
133.4
98.5

106.6
120.9
191.4
127.2
88.1

132.1
122.6
194.0
128.0
86.1

139.8 102.1 158.9 152.2
125.3 123.6 128.5 130.5
199.8 200.3 207.7 213.0
129.6 131.6 133.6 137.9
100.5 97.8 112.7 122.7

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

9.90
4.79
1.62
1.22
1.13
.63
.51
1.91
.05

9.30
5.22
1.43
1.66
1.56
.89
.67
2.09
.04

108.8
137.5
111.8
173.5
175.5
181.2
168.6
137.2
107.1

106.5
132.5
105.1
165.0
167.2
171.6
161.8
135.6
109.7

106.7
132.8
104.1
168.6
170.5
174.4
165.6
134.7
118.2

104.8
129.9
100.5
163.9
166.7
170.1
162.4
133.5
114.5

109.0
139.3
106.5
183.5
188.2
193.0
182.2
139.8
104.9

107.5
137.1
104.7
178.3
181.8
185.4
177.2
138.8
118.8

110.9
141.9
116.7
182.8
185.2
191.0
178.0
137.4
140.5

111.6
143.9
119.9
185.5
188.7
194.2
181.9
138.5
115.2

112.3
145.2
121.1
192.4
195.5
200.7
189.1
136.3
119.2

372-6,9
372
373
374-6,9

5.11
2.95
.55
1.61

4.09
2.49
.45
1.14

81.9
84.1
90.6
75.4

82.2
84.1
91.5
75.9

82.3
83.8
90.4
77.0

81.2
82.3
90.3
75.9

80.5
82.0
89.7
75.2

79.6
81.0
88.9
74.1

81.7
83.6
91.5
75.0

81.3
83.0
91.8
74.6

81.5
83.0
90.0
75.8

A lum inum

Nonferrous foundries

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




14

105.2
104.1
104.4
110.7
118.5

144.1
112.1
106.0
117.5
102.6
128.5
101.3
125.2
114.6
96.3

151.0
113.9
112.3
131.5
116.1
131.0
134.2
136.6
121.9
112.8

109.5
108.7
107.5
112.5
121.6

154.5
114.8
112.5
136.3
134.5
135.3
127.3
141.2
130.7
113.7

88.6 108.1
98.1 138.9
58.9 102.3
103.3 189.8
102.6 194.7
102.8 200.6
102.3 187.5
127.5 138.4
119.2 106.8

109.6
140.7
110.6
183.5
187.0
192.0
180.9
139.6
115.2

79.3
80.2
87.4
74.7

80.4
82.0
87.9
74.9

79 .7

80.6
89.1
74.8

Table 6 (continued)
INDUSTRIAL P RODUCTIO N: INDUSTRY S U B TO TA L S AND INDIVIDUAL SERIES
Index. 1£ 8 7 = 10 0

Proportion
in total IP

Seasonallvadiusted

N ot seasonally adjusted

S IC

19 87

19 93

19 94
Aor.

38
3 8 1 -4
384

5 .1 3
4 .0 7
1.06

4.81
3 .7 9
1.40

10 4.5
10 3 .6
14 9.9

104.5
10 3.3
15 1.0

10 4.6
10 3.5
15 2.2

105.3
104.5
155.0

105.8
10 4.4
15 5.6

106.1
10 4.4
15 6.7

102.9
101.7
143.6

1 0 2 .7
1 0 1 .4
14 6 .4

1 0 5 .8
10 4 .9
158.1

10 6 .0
10 5 .5
16 4 .0

10 7.5
1 0 6 .7
168.1

10 8,8
1 0 7 .7
1 6 8 .4

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

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

1.26
.65
.61

1.2 4
.62
.62

112.1
10 8 .5
115.8

111.8
10 8.6
115.3

111.7
10 8.7
115.0

115.0
112.1
118.4

113.6
110.0
116.7

113.1
109.5
117.0

111.3
10 8.4
114.4

111.1
1 0 7 .9
114.6

112.2
1 0 8 .3
116.5

110.1
10 4 .4
116,3

114.2
110.0
118.7

115.8
112.3
119.5

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

4 9 1 ,3 p t

6 .0 7
2 .5 7
1.46
1.11

6 .3 4
2 .6 6
1.42
1.2 4

115.8
114.7
10 6 .7
12 5 .4

115.5
113.8
106.1
124.1

12 1.5
119.1
117.1
12 1.8

120.1
116.3
108.5
126.5

118.5
116.7
109.5
126.3

117.6
115.6

10 5.4
104.4
9 6 .8
114.6

1 0 7 .4
1 0 8 .0
9 7 .7
1 2 1 .6

12 4 .2
12 5 .9
123.1
1 2 9 .6

1 3 3 .7
129.1
1 2 4 .4
13 5 .3

1 3 0 .9
127.1
1 2 3 .2
13 2 .2

12 1 .3
115.5

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

3 .6 8
1.49
2 .1 9
1.23
.96

116.6
112.5
119.3
1 2 0 .7
117.7

116.7
113.8
118.6
118.5
118.7

12 3.3
12 5.3
12 1.9
12 4.0
119.2

123.0
126.1
120.8
123.0
118.0

119.8
118.7
120.6
121.5
119.4

119.1
120.6

106.1
9 8 .0
111.6
110.2
113.4

1 0 6 .9
9 4 .7
115.3
112.8
118.4

1 2 3 .0
118.5
12 6 .0
1 2 8 .8
12 2 .5

137.1
14 5 .9
13 1 .0
138.1
122.1

1 3 3 .7
1 3 6 .3
1 3 1 .9
1 3 6 .3
1 2 6 .3

1 2 8 .0

1.64
.56
.26
.56

1.7 3
.58
.28
.59

10 9.4
99.1
115.6
112.9

111.9
10 6.6
119.7
112.1

118.1
10 4.2
12 7.3
12 3.7

115.9
107.1
129.7
116.4

116.5

116.0

115.5
110.4
125.5
116.2

8 7 .8
68.1
8 5 .2
9 6 .5

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

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

7 3 .0

7 3 .0

Item
In s tru m e n ts
Scientific and m edical
M edical instruments

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

4 9 2 ,3 p t

M av

June

Julvr

S e c t/

A ua.r

1994
Aor.

Mav

June

Julvr

A u a .r

S e p t/

12 5 .5

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1987 dollars at annual rates, seasonally ad usted
1 9 87

1993

19 9 3
Q2

Q3

Q4

1 9 94
Q1

Q2

Q 3r

19 94
M ay

June

Julyr

Aug.r

S e p t/

Oct.P

1 7 0 7 .0

1 8 8 6 .9

1873.1

1881.1

1 9 27.0

1 9 6 0 .7

19 71.9

19 91.7

19 6 9 .4

1 9 8 0 .7

1 9 8 2 .7

2 0 0 1 .7

1 9 9 0 .8

2 0 0 0 .5

1 3 1 4 .6

1 4 8 0 .7

1 4 6 9 .8

14 7 3 .6

1513.1

1 5 4 2 .4

15 45.2

1561.1

15 42.9

1 5 5 1 .6

1 5 5 1 .8

1 5 6 9 .9

1 5 6 1 .7

1569.1

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

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

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

9 3 7 .2
2 4 9 .3
12 5 .9
1 2 3 .4
6 8 7 .9

9 3 8 .9
2 4 6 .5
119.1
12 7.4
6 9 2 .4

9 5 9 .0
266.1
138.6
12 7.5
6 9 2 .9

9 7 1 .7
2 7 4 .9
149.1
12 5.8
6 9 6 .8

9 7 0 .6
266.1
139.5
126.6
7 0 4 .5

97 6 .3
2 6 9 .4
140.5
128.9
7 0 7 .0

9 6 9 .5
264.1
13 7.3
126.8
7 0 5 .4

9 7 5 .0
2 6 5 .6
1 3 8 .4
12 7.2
7 0 9 .4

9 7 4 .4
2 6 4 .3
1 3 5 .9
1 2 8 .4
710.1

9 8 2 .5
2 7 4 .8
14 4 .3
13 0.5
7 0 7 .7

9 7 2 .0
2 6 9 .0
14 1 .2
12 7 .8
7 0 3 .0

9 7 5 .4
2 6 9 .2
14 1 .7
12 7 .5
7 0 6 .2

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

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

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

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

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

554,1
5 3 6 .3
4 7 0 .3
66.1

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

57 4 .6
55 5.9
4 9 2 .7
63 .2

5 8 4 .8
56 6 .5
5 0 4 .9
61 .6

5 7 3 .4
5 5 4 .8
4 9 1 .8
6 3 .0

5 7 6 .6
5 5 7 .9
495.1
6 2 .7

5 7 7 .4
5 5 8 .9
497.1
6 1 .8

5 8 7 .4
5 6 9 .4
5 0 7 .7
6 1 .7

5 8 9 .7
571.1
5 0 9 .9
6 1 .3

5 9 3 .7
5 7 5 .4
5 1 4 ,3
61.1

3 9 2 .5
1 6 2 .7
2 2 9 .8
6 0 .3

406.1
15 8.8
2 4 7 .3
6 7 .9

4 0 3 .3
15 6.4
2 4 6 .9
6 7 .6

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

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

4 1 8 .3
16 3.6
2 5 4 .7
7 0 .3

4 2 6 .7
168.4
2 5 8 .3
7 0 .3

4 3 0 .6
170.8
2 5 9 .9
70 .5

4 2 6 .5
169.1
2 5 7 .3
6 9 .5

429.1
16 8 .3
2 6 0 .9
7 1 .3

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

4 3 1 .8
17 1.0
2 6 0 .8
7 0 .9

4 2 9 .0
1 7 0 .6
2 5 8 .5
7 0 .0

4 3 1 .3
17 1.2
260.1
6 9 .7

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

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

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
O n e M o n th E a rlie r
1992
1993
1994
T h re e M o n th s E a rlie r
1992
19 93
1994
S ix M o n th s E a rlie r
1992
19 93
19 94

Jan.

Feb.

Mar.

Apr.

M ay

June

Ju ly

Aug.

Sept.

Oct.

Nov.

D ec.

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

6 1 .6
5 9 .6
5 0 .2

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

5 8 .4
5 6 ,5
63.1

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

44 .7
52.9
55 .3

53 .7
56 .9
58 .8

49 .8
52 .2
55 .3

5 1 .4
4 9 .8
4 9 .8

56.1
5 4 .5

6 2 .7
5 7 .3

5 2 .2
6 2 .4

5 0 .2
5 6 .5
6 1 .6

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

5 9 .2
6 1 .2
6 2 .4

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

6 9 .4
5 1 .0
7 0 .6

52.9
50.6
65.5

52 .5
5 1 .8
61 .2

45.1
57 .6
63.1

4 9 .0
54.1
6 2 .4

4 9 .8
5 2 .9

6 2 .7
5 3 .7

5 9 .2
6 5 .5

56.1
5 3 .3
6 0 .8

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

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

63.1
6 6 .7
7 2 .9

6 4 .7
5 7 .6
7 3 .3

60 .4
58.8
69 .4

65.1
6 2 .4
69 .4

60 .0
52 .2
7 0 .2

5 4 .9
5 3 .3
6 5 .5

5 5 .3
5 3 .3

5 9 .2
6 1 .2

5 8 .4
6 3 .9

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




15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1987 ^TOO
1987
Billion
KWH
850.7

Seasonallv adiusted
1994
Aor.
112.8

Mav
113.7

June
113.8

Julvr
113.8

776.5
351.3
425.2
74.2

113.1
107.2
118.4
108.3

114.1
107.6
119.9
107.2

114.0
108.3
119.1
111.2

101
102

14.6
6.3
4.8

130.4
118.3
135.3

127.6
111.4
136.4

12

13.4

103.5

13

33.0
27.7
3.7

Not seasonallv adiusteri

Aua.r SeDt.P
115.2 115.3

1994
Aor.
111.3

Mav
113.3

June
116.1

Julvr
115.1

Aua.r SeDt.P
119.5 119.2

114.1
108.2
119.4
110.2

115.5
109.4
120.9
111.7

115.6
109.4
121.2
111.2

111.4
106.0
116.1
110.3

113.7
107.6
119.2
107.4

116.6
110.5
122.0
109.2

115.8
109.2
121.6
105.5

120.2
112.8
126.8
109.8

119.9
112.8
126.1
110.7

140.1
117.4
155.0

136.4
119.0
147.4

138.2
112.9
155.4

145.4
137.3
145.6

136.9
124.6
142.4

132.4
120.1
136.3

138.7
117.1
152.4

136.7
120.8
148.0

140.1
121.6
150.1

145.7
134.7
149.7

104.5

104.7

104.3

103.9

102.7

106.6

100.0

96.6

84.7

95.5

95.8

99.1
101.7
70.2

97.9
100.0
76.3

99.3
100.6
87.3

100.7
102.5
89.6

102.5
103.9
86.1

98.2
101.0
81.8

98.8
101.3
73.6

97.1
98.6
79.4

99.2
100.4
89.6

100.2
101.2
90.8

100.1
101.3
84.8

99.3
100.8
82.6

12.3
3.5
2.9
3.9

112.3
135.3
128.2
92.5

110.8
138.6
127.0
88.5

116.2
137.4
130.5
98.2

111.8
140.8
125.6
90.9

114.6
136.1
131.4
94.8

115.5
120.4
125.5
105.5

113.4
134.2
125.1
95.0

114.3
145.9
133.3
90.7

117.5
144.2
135.3
96.2

111.6
143.4
131.8
88.8

118.9
146.0
144.2
96.7

119.2
131.8
135.0
104.8

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

120.5
133.7
110.7
124.3
125.4
126.9
136.7
133.8
106.7
104.4

121.7
134.5
108.9
126.8
131.8
127.4
136.6
141.9
106.8
105.3

121.8
134.5
111.6
127.4
128.0
129.7
140.7
143.8
107.9
102.7

120.9
136.3
112.0
119.4
129.5
128.9
135.3
143.3
106.5
103.6

118.8
133.4
111.5
113.9
123.9
129.1
139.4
146.5
107.8
103.1

120.2
135.7
111.7
114.1
124.9
132.3
138.9
137.3
112.9
103.3

113.2
126.5
108.7
111.3
120.6
120.7
116.8
132.3
99.6
97.6

116.6
130.1
108.9
117.0
127.3
124.3
118.6
134.3
103.6
101.8

124.1
140.9
119.9
123.5
126.8
135.8
131.9
137.6
113.8
106.2

127.3
147.0
123.1
122.1
128.6
139.8
127.4
128.6
119.1
112.7

129.3
146.2
121.5
133.5
127.7
142.5
135.6
139.2
123.1
113.5

131.8
148.5
119.8
138.6
130.3
145.1
139.3
136.8
127.7
113.2

2
1

1.7

84.0

70.4

77.7

78.5

83.9

81.7

80.6

69.8

83.1

78.2

92.6

90.9

Textile mill products

22

Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

113.3
101.0
139.1
119.9
116.0
124.9

116.7
105.2
140.4
119.7
121.2
126.9

114.6
102.4
140.1
120.5
120.3
118.3

110.3
97.5
142.1
124.1
104.6
129.1

116.7
106.0
141.1
125.4
118.6
124.5

115.1
103.8
140.7
122.4
116.5
126.9

110.8
98.7
132.6
120.1
114.4
121.7

119.4
107.7
143.1
122.1
125.3
127.6

127.1
113.6
155.6
130.6
136.2
127.5

111.5
98.8
149.0
123.5
105.7
127.1

131.4
119.6
161.2
131.9
134.6
140.5

127.2
114.3
160.5
131.1
128.6
139.5

6.6
1.9
1.9

102.3
110.3
89.6

104.5
111.7
89.5

104.3
112.8
89.7

105.8
111.2
89.9

101.1
105.3
85.9

101.7
106.2
84.7

94.0
99.6
80.6

100.9
108.7
85.6

113.1
124.0
96.6

115.5
124.0
100.4

119.8
127.5
102.9

120.5
129.6
101.3

21.6
7.9
5.7

117.4
108.9
107.5

118.6
110.1
106.0

119.4
111.4
110.0

118.6
108.9
108.2

120.2
106.9
111.6

118.8
108.0
107.1

118.9
110.7
108.9

117.9
109.3
106.3

118.8
110.1
109.0

115.1
104.6
104.9

119.5
105.5
109.9

120.0
108.7
108.3

5.7
3.2

116.8
109.4

117.3
108.4

117.8
109.4

123.2
117.7

120.9
111.8

119.7
111.7

115.0
109.2

115.0
108.2

119.9
111.9

119.0
107.4

128.4
117.5

127.4
116.7

97.0
7.1
51.6
26.0
4.5
7.6

118.4
102.5
116.8
132.8
118.4
114.4

122.0
105.0
122.3
128.9
123.9
122.1

121.2
104.3
120.8
125.0
122.3
122.3

119.9
103.4
116.5
129.3
125.3
124.2

122.2
103.5
121.1
129.7
126.5
121.4

120.4
95.6
120.1
126.2
124.2
118.9

118.6
104.3
118.4
126.9
117.7
112.7

120.7
104.3
121.0
127.8
120.9
120.0

121.2
100.9
119.5
127.1
125.5
124.6

119.8
102.2
115.8
129.0
126.4
125.3

124.5
104.0
122.8
130.3
130.9
126.0

121.4
95.6
118.9
127.3
130.3
125.9

15.7
3.4
8.2

132.4
116.4
138.8

133.0
118.2
139.9

134.5
119.0
140.1

135.4
122.7
140.3

134.0
121.0
138.7

133.1
119.9
136.8

124.2
109.8
129.4

127.8
114.6
134.0

139.4
126.2
144.1

148.3
134.5
153.0

151.1
135.5
156.7

149.5
132.0
154.8

146.2
61.8
14.1
29.1
10.9
18.2

119.2
122.4
104.2
140.8
101.7
168.5

121.4
124.3
102.3
142.9
100.1
173.2

119.4
120.5
101.8
135.9
102.7
159.4

120.9
123.9
102.9
143.1
100.2
173.6

123.4
126.6
105.6
147.9
104.5
178.8

124.0
128.6
104.9
157.0
104.7
194.0

118.0
121.5
106.8
140.4
100.4
168.9

121.8
126.2
103.7
149.4
100.7
184.1

121.3
121.6
103.0
137.3
101.3
162.8

122.2
123.1
105.0
137.5
101.6
163.0

126.7
128.3
105.7
148.1
106.9
177.3

126.0
128.2
105.7
151.6
103.5
185.7

Item

1987 SIC

Total
MAJOR INDUSTRY GROUPS
Manufacturing
Durable
Nondurable
Mining
INDUSTRY.QROUPS,and SERIES
M
etal mining
10
Iron ore
Copper ore

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

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

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

Tobacco products

Apparel products
Men’s outerwear
Women’s outerwear

Lumber and products
Lumber
Millwork and plywood

Furniture and fixtures
Household furniture

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

Printing and publishing
Newspapers
Commercial printing

Chemicals and products

131
132

14
142
144
147

20

23
231,2
233

24
242
243

25
251

26
261
262
263
265
267

27
271
275

28

Basic chemicals
281
Alkalies and chlorine
2812
Inorganic chemicals, nec
2819
Acid and fertilizer materials
Nuclear materials, nondefense




16

Table 9 (continued)
ELECTRIC POWER USE: MANUFACTURING AND MINING
Index. 1 9 8 7 = 1 0 0
Seasonallvadiusted

1987 S I C

1987
Billion
KWH

1994
Aor.

Mav

Ju n e

J u !v r

A u a .r

C h e m i c a l s a n d P r o d u c t s (c o n t . )
282
Synthetic materials
2821
Plastics materials
28 3
Drug s an d medicines
28 4
S o a p and toiletries
Industrial organic chemicals
286
28 7
Agricultural chemicals

26.5
14.2
5.5
3.1
36.0
8.5

110.2
118.9
123.3
110.7
115.9
119.2

113.5
122.0
127.0
112.9
115.0
119.6

113.8
122.5
129.5
115.2
118.2
120.5

112.9
119.6
128.5
114.1
108.7
122.7

P e t r o le u m p r o d u c t s

29

40.1

107.9

104.6

104.6

Rubber
pla s tic s p r o d u c t s
Tires
R ub ber products, nec
Plastics products, nec

30
301
306
308

33.1
3.6
3.1
24.9

134.0
116.8
107.1
139.6

134.8
108.4
112.6
141.2

Leather a nd p ro du cts
S h oes

31
314

1.0
.4

99.2
91.6

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

33
331
332
333
3334
336

Item

and

clay,

S to n e ,
& glass produ cts
Flat glass
Pressed and blown glass
Cement
Structural clay products
Co nc re te products

metals

Prim ary
Basic steel and mill products
Iron and steel foundries
Primary nonferrous metals
A lumin um
Nonferrous foundries
F a b ri c a te d metal p r o d u c t s
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings

Industrial m a c h i n e r y
and equipment
Eng in es and turbines
Fa rm
Construction and allied
Metalworking
Special industry
General industrial
C o m p u te r and office equip.
Service industry machines

Electrical m a c h i n e r y
Electrical distribution
Electrical industrial
Household appliances
Lighting and wiring products
T V and radio sets
Comm un ication equ ip ment
Electronic com ponents

Not season all vadiusted
Seot.P

1994
Aor.

Mav

June

J u !v r

A u a .r

Seot.P

116.4
121.4
128.9
115.1
112.5
127.3

115.7
119.7
123.6
114.1
114.6
123.5

109.4
116.7
116.8
105.2
115.6
120.8

112.8
120.5
123.2
110.4
110.5
120.0

116.9
125.8
138.6
119.5
117.0
120.9

116.8
122.2
141.0
123.0
108.0
122.2

120.7
124.2
143.9
125.6
115.6
125.6

119.7
124.7
139.8
122.6
120.9
123.6

105.8

105.1

107.4

104.6

103.6

106.9

109.2

110.6

111.2

137.1
117.3
110.5
142.9

138.8
119.0
113.9
144.3

139.9
114.2
116.3
146.7

139.8
113.2
116.6
147.3

132.9
114.0
106.4
138.8

135.0
109.2
112.0
141.5

142.1
123.1
113.3
148.2

139.1
119.7
113.4
144.6

145.9
124.9
120.1
151.6

146.8
123.3
121.7
153.8

100.6
94.2

101.9
95.3

107.9
104.7

98.5
91.1

100.4
94.6

97.0
87.9

99.3
94.2

106.3
101.3

106.0
104.7

106.9
103.7

108.4
104.4

105.8
111.3
103.7
102.8
111.6
93.8

106.2
111.7
102.3
104.6
107.9
94.5

104.4
112.9
103.6
100.6
109.7
93.3

103.4
115.3
102.4
99.9
111.3
93.6

106.7
111.9
103.0
107.1
112.6
94.1

105.8
106.0
104.1
101.9
111.7
91.1

104.3
107.7
103.2
100.9
110.7
91.4

108.6
110.8
103.8
112.2
107.6
94.5

108.0
116.4
105.8
109.2
113.1
94.6

105.4
116.2
103.5
105.4
112.6
94.2

110.8
116.2
106.9
113.5
114.6
97.3

109.4
111.2
106.6
107.5
116.7
94.0

137.9
54.4
3.9
55.8
51.2
2.7

104.8
108.7
118.0
83.4
81.7
114.9

105.5
115.5
120.7
83.2
77.6
118.1

106.7
118.9
116.2
85.1
76.7
121.2

106.0
114.3
118.5
86.1
76.6
126.5

106.9
117.4
114.6
84.5
75.7
124.6

107.4
119.5
119.7
83.3
75.1
122.0

105.9
112.5
121.4
82.3
81.1
114.7

106.3
115.9
120.5
84.3
79. 9
117.4

106.9
119.0
119.6
84.6
77.3
124.5

104.9
111.5
113.3
87.1
79.5
121.9

107.3
117.0
112.8
85.6
76.5
125.3

107.3
119.4
122.4
82.5
73.8
125.6

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

111.8
126.0
112.7
104.7
111.1
125.2

114.0
125.4
115.6
105.4
112.6
128.1

112.3
129.7
115.1
107.1
109.5
124.0

114.3
127.7
118.8
104.8
113.9
126.1

115.8
129.6
116.4
110.0
111.5
130.5

115.9
128.4
117.6
107.1
111.9
130.5

110.6
126.9
110.8
103.4
107.7
125.3

112.9
125.2
113.0
104.8
108.8
130.1

115.1
134.2
117.9
107.6
112.7
129.2

115.8
133.6
120.7
106.3
115.1
123.5

118.9
133.9
121.3
110.7
117.6
131.4

121.0
132.8
124.6
111.9
117.8
135.7

35
351
352
353
354
355
356
357
358

33.4
2.5

112.2
116.6
140.3
99.5
126.8
113.5
113.2
90.7
136.3

113.5
120.8
141.6
99.6
131.3
116.4
114.2
89.4
142.3

112.6
121.6
147,1
94.9
129.0
112.0
115.1
89.9
143.3

114.2
115.8
145.0
97.3
133.9
117.0
113.0
92.2
145.0

114.6
122.9
137.1
93.9
131.6
112.0
113.8
92.7
145.4

113.9
122.2
138.9
94.5
132.8
110.7
115.3
91.8
148.3

108.5
115.2
142.7
94.7
123.2
109.9
110.5
85.9
131.4

111.9
117.7
141.1
98.8
127.6
112.1
111.8
88.8
141.2

116.6
124.2
146.1
97.6
132.8
114.4
118.9
94.1
151.7

118.5
118.5
137.2
101.2
139.6
122.4
117.2
97.1
153.4

121.4
130.6
137.2
97.5
141.2
120.2
121.0
99.5
156.5

121.6
128.0
146.8
101.1
141.8
118.4
123.5
95.5
158.8

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9

107.7
79.2
110.2
90.0

101.4

3.1
12.8

145.7
86.1
117.5

107.6
79.9
109.3
94.5
104.4
142.2
83.0
117.1

108.4
83.2
110.6
98.5
107.4
145.2
84.4
117.1

107.8
83.0
110.7
99.3
110.4
150.6
89.0
113.8

111.6
86.4
113.1
100.4
112.5
148.3
91.2
121.4

109.6
85.9
111.7
96.5
109.6
146.1
90.2
119.2

104.4
76.2
109.5
89.3
101.7
139.2
82.2
113.3

105.5
77.0
108.1
95.3
104.5
139.7
81. 7
114.3

112.5
86.2
114.3
104.2
112.7
147.9
88.1
121.5

112.9
84.1
114.6
99.4
112.2
154.2
97.0
121.8

118.4
93.6
116.2
106.2
112.4
159.4
99.2
129.3

117.8
92.0
115.7
103.8
116.4
156.7
99.1
128.3

37

1.6
4.2
4.2

2.5
4.8

6.1

3.3

.6

Transpo rtation e q uipm en t
Motor vehicles and parts
Aircraft and parts
Ships and boats

371
372
37 3

38.3
21.9
10.1
2.1

100.9
97,6
93.2
105.8

99.1
97.0
92.8
105.5

101.5
100.9
91.5
103.5

101.4
96.7
97.7
109.6

101.2
98.5
94.7
105.5

102.8
100.9
92.4
106.2

98.8
97.0
90.2
102.6

100.5
98.3
93.8
100.6

106.7
106.6
95.7
103.5

103.3
97.2
101.6
107.7

108.4
106.1
100.5
107,0

108.4
107.1
96. 9
106.6

in s t r u m e n t s
Photographic equip. & supplies

38
386

13.1
1.7

110.3
90.9

112.6
98.8

114.7
103.1

114.2
97.3

111.9
104.7

112.7
100.7

105.7
90.0

110.1
98.2

119.4
106.7

122.7
102.3

121.9
112.1

122.1
106.2

39

4.6

127.8

128.9

133.5

133.9

135.1

138.1

122.7

124.7

136.8

139.4

145.8

148.8

832.5
765 .4
85.3

111.0
112.0
111.5

111.8
112.8
112.3

112.4
112.8
116.4

112.0
112.7
112.2

113.2
114.2
119.0

112.8
114.2
117.7

109.5
110.3
111.7

111.0
112.4
111.3

114.6
115.1
115.3

113.5
114.0
115.7

117.7
118.4
121.2

117.1
118.4
114.4

M i s c e ll a n e o u s m a n u f a c t u r e s

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




17

Explanatory Note

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

Industrial Production

Coverage. The industrial production (IP) index measures output in the
manufacturing, mining, and electric and gas utilities industries. For the period since
1987, the total IP index has been constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (1) market groups (shown in table 1), such as consumer
goods, equipment, intermediate products, and materials; and (2) industry groups
(shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of
these industries— for example, durable and nondurable manufacturing, mining, and
utilities.
Market groups. For purposes of analysis, the individual IP series are grouped into
final products, intermediate products, and materials. Final products are assumed to be
purchased by consumers, businesses, or government for final use. Intermediate
products are expected to become inputs in nonindustrial sectors, such as
construction, agriculture, and services. Materials are industrial output requiring
further processing within the industrial sector. Total products comprise final and
intermediate products, and final products are divided into consumer goods and
equipment.
Timing. The first estimate of output for a month is published around the 15th of the
following month. The estimate is preliminary (denoted by the superscript “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 o f
Manufactures and M ineral Industries and the Annual Survey o f Manufactures,
prepared by the Bureau of the Census; the M inerals 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 1987 to the present, IP is
aggregated on the basis of 1987 value-added weights. The aggregation of the index
for the 1982-86 period is based on 1982 weights, whereas 1977 weights are used for
the 1977-81 period. The other weight years in the postwar period are 1972, 1967,
1963, 1958, 1954, and 1947. The 1987 value-added weights used to aggregate the
index are shown in the first column of tables 1,2, and 6, in the “1987” column under
the heading “Proportion in total IP.” Proportions for the most recent complete year of
data are shown in the second column of tables 1, 2, and 6.
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 1993;
for other series, the factors were estimated with data through July 1993. In some
cases, series were preadjusted for the effects of holidays or the business cycle before
using X -ll 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 1994
revision to the index was described in the Federal Reserve Bulletin, vol. 80 (March
1994), pp. 220-6.

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
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6.

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 1994

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


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