Full text of G.17 Industrial Production and Capacity Utilization : September 16, 1994

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FEDERAL RESERVE statistical release
For release at 9:15 a>m. <EDT)
September 16,1994

G.17 (419)
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production rose 0.7 percent in August after an upward-revised increase of 0.3 percent in July;
increases for May and June also are now larger than previously reported. A resurgence in assemblies of motor vehicles
accounted for the acceleration of industrial production in August. Gains in the output of machinery (including
computers) and components used to make equipment and motor vehicles contributed most of the remaining growth. The
demand for electricity, which had risen sharply in June, was down again in August. At 118.5 percent of its 1987 average,
industrial production was 6.7 percent higher in August than it was a year earlier. The substantial growth in output
boosted the utilization of total industrial capacity to 84.7 percent, up from 81.4 percent a year earlier.
Market groups
The output of consumer goods increased 0.7 percent in August; the production of automotive products,
which had eased through July, rose 6.9 percent. In contrast, the output of other consumer durables, which had jumped in
July, declined 0.6 percent as appliance output retreated a bit from a high level. The further decrease in the use of
residential electricity and a small decline in the output of food held down the overall rise in consumer nondurables.
(over)

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

Percent chanae

Industrial Production

1994
Mayr

Juner

Julyr

Total index
Previous estimates

116.6
116.3

117.3
116.9

117.7
117.2

118.5

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

115.3
111.7
147.3
102.9
118.6

116.1
112.9
148.2
102.8
119.1

116.6
113.3
150.1
102.9
119.2

Major industry groups:
Manufacturing
Durable
Nondurable
Mining
Utilities

118.5
122.9
113.1
99.1
114.7

118.8
123.2
113.3
99.7
119.5

119.4
124.3
113.5
98.4
118.0

Average
1967-93

Capacity Utilization
Total industry
Manufacturing
Advanced processing
Primary processing
Mining
Utilities




j

1982
Low

Juner

Julyr

Aug.P

Aug. 93 to
Aug. 94

.6
.5

.3
.2

.7

6.7

.3
117.5
114.1
152.6
102.9
119.9

.5
.5
.7
1.1
.6

.7
1.1
.7
-.1
.4

.5
.3
1.3
.1
A

.8
.7
1.6
.1
.6

6.5
5.1
13.2
5.7
7.0

120.6
126.2
113.8
97.6
116.5

.7
.3
1.1
-.8
.2

.3
.3
.2
.6
4.1

.5
.8
.1
-1.3
-1.2

1.0
1.5
.3
-.8
-1,3

7.9
10.8
4.3
1.0
-1.6

Aug.P I

1994
Mayr
•5

Percent of Capacity
1988-89
1994r
1993
High
May
Aug.

Juner

Julyr

Capacity
growth
Aug. 93 to
Aug. 94
Aug.P

81.9

71.8

84.8

81.4

83.9

84.2

84.3

84.7

2.5

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

80.3
78.7
84.1
87.0
88.4

83.4
81.5
87.9
89.6
84.9

83.4
81.7
87.5
90.2
88.3

83.7
82.1
87.4
89.0
87.1

84.3
82.8
87.7
88.3
85.9

2.8
3.5
1.3
-.5
1.2

The output of business equipment rose 1.6 percent after an increase of 1.3 percent in July. In addition to the
rebound in motor vehicles, the production of information processing equipment posted another strong gain; the output of
industrial equipment, which had surged in July, advanced further. The recent strength in the index of industrial
equipment has been fairly widespread among its components. The production of defense and space equipment rose
0.5 percent because of a rebound in tank production after the settlement of a strike. Apart from this gain, output in this
sector continued its downtrend.
The output of construction supplies has been essentially flat since May after strong gains earlier in the year.
The August increase of 0.6 percent in the output of materials was nearly all in durable materials; the latter increased
1.4 percent because of the ongoing strong growth in semiconductors and computer parts and a pickup in the production of
parts for motor vehicles. The index for nondurable materials was about unchanged for a second month, and the index for
energy materials declined because cooler weather in August reduced the output of electricity and because coal production
eased.
Industry Qnwp&
Manufacturing production rose 1.0 percent in August; the increase follows monthly gains that are now
estimated to have averaged 0.5 percent per month from April to July. The output of motor vehicles and parts, which had
dropped noticeably in July, rose nearly 9 percent; the increase accounted for slightly more than half of the August
increase in factory output. Gains in the production of lumber, metals, machinery, paper, printing, and petroleum
contributed significantly to the increase in manufacturing output.
Factory utilization rose 0.6 percentage point, to 84.3 percent; this operating rate is 4.0 percentage points
higher than last August and 3.1 percentage points higher than its long-term average. Over the past several months, the
rise in utilization has been notable in advanced-processing industries; that rate rose 0.7 percentage point in August,
bringing it to a level 2.2 percentage points above its long-term average. The utilization rate for primary processors turned
up 0.3 percentage point last month after having edged lower in the preceding two months; nonetheless, it stands
5.5 percent higher than the 1967-93 average.
The output in mining and utilities fell for a second month in August because of declines in oil and gas well
drilling, coal mining, and the generation of electricity.

NOTICE
An annual revision to industrial production, capacity, and capacity utilization is
scheduled to be published in the second half of November. 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
accommodate the introduction of the 1992 weights.




INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
August data

Seasonally adjusted
Industrial production indexes

Twelve-month percent change

Twelve-month percent change

o
-5
-10
10 h

10

5

5

0

0

Nondurable
manufacturing

-5

-5

Products

-10

J
1988

1990

L

-10
1994 1988

1992

Total industry

1990

1992

1994

Manufacturing

Ratio scale, 1987 production = 100

Ratio scale, 1987 production = 100

Percent of capacity

Percent of capacity

90

90
Utilization

85

Utilization

85

80

80

75

75

70
65

70
65

i

1980




1985

i

i

1990

i

i

i

II

i

1980

3

i

1985

I III I
1990

Table 1A
INDUSTRIAL PRODUCTION: MARKET GROUPS
[ Proportion "" — — » _ ~ ^ _ _ — _ ^ » ,

•°am"°™""

*

'•—

"""

' "••m~~~,°*m~~~-~~~

Item,

^JSiL.

"nii3einS8^B!

^~T^^^^sm^^^^^

1993 _Jbd2L-

Apr. _Ma£« June7 -JubcL -Altai?
118.5

115.2

114.2

115.3

119.5

116.3

121.5

117.5
120.7

113.4
116.9

112.3
114.7

113.7
116.4

118.9
121.7

115.2
116.7

122.0
125.1

114.1
121.1
125.0
130.8
93.7
195.0
115.3
117,6
139.4
109.3
110.6
112.2
111.4
97.8
127.9
104.6
114.8
107.5
117.6

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

108.5
119.8
128.5
135.0
102.6
191.0
117.5
112.2
122.8
107.5
109.3
105.4
104.3
94.9
117.3
105.4
102.8
106.0
101.5

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

115.4
123.2
132.4
141.0
106.5
200.7
118.0
115.2
132.2
107.6
110.4
113.2
114.0
102.0
135.8
103.6
100.4
108.8
97.1

109.8
97.8
86.1
69.3
51.8
99.6
114.4
108.1
118.3
103.3
105.3
113.3
111.9
97.1
137.6
102.3
111.2
108.0
112.5

118.7
122.0
126.3
1315
90.0
202.6
1185
118.2
137.4
112.7
110.8
117.8
119.4
103.1
140.4
104.3
1095
109.0
109.3

128.4
150.1
182.0
284.4
122.3
135.5
143.4
128.6
67.9
87.4
135.7

130.1
152.6
184.9
290.4
123.1
142.5
157.7
128.1
68.2
83.4
133.8

124.8
144.7
171.1
264.9
116.0
148.4
170.9
121.4
69.9
80.6
141.1

123.7
143.4
169.4
259.0
115.9
143.2
161.4
123.3
69.1
79.2
143.9

126.1
147.2
175.1
272.3
118.0
145.5
165.3
126.6
67.9
78.6
144.1

130.8
153.5
184.8
291.6
121.7
148.9
169.6
131.0
67.6
82.9
154.8

128.7
148.4
188.1
298.7
123.0
104.7
87.5
130.0
66.5
84.5
129.7

134.3
158.5
196.1
3185
125.7
142.7
157.6
131.1
675
84.0
152.1

107.9
102.8
111.3

107.9
102.9
111.3

107.9
102.9
111.2

102.8
97.2
106.5

104.9
102.0
106.9

105.7
104.5
106.5

110.6
108.1
112.2

110.7
105.9
113.8

112.8
106 J
117.1

118.6

119.1

119.2

119.9

117.8

117.1

117.7

120.4

117.9

120.7

125.2
125.9
135.9
116.1
119.4
117.0
106.4
113.8
122.2
116.2
105.2
101.4
112.5

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

126.1
125.0
138.8
116.2
117.6
118.9
106.3
119.3
123.1
117.7
106.0
100.4
117.0

127.2
125.6
140.2
117.1
118.8
118.9
106.6
116.7
123.4
119.6
104.6
98.6
116.4

129.0
129.4
142.2
117.9
119.4
119.1
105.6
117.4
123.5
120.1
103.8
97.9
115.2

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

124.6
126.1
134.6
115.7
120.9
118.2
107.9
113.7
123.9
117.8
102.1
99.2
107.8

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

128.2
127.0
140.1
119.0
119.3
120.9
108.7
120.7
124.6
121.1
105.5
100.3
115.6

125.2
119.2
139.1
116.6
117.0
116.8
99.6
114.6
122.6
118.0
105.1
97.5
120.2

129.7
129.1
142.1
119.8
1185
119.4
1075
118.0
122.6
121.8
104.9
97.8
118.9

115.2
114.7
112.1

115.4
114.9
112.2

116.2
115.8
112.9

116.9
116.5
113.4

117.4
117.1
113.7

117.9
117.4
114.4

114.1
113.5
111.6

113.4
112.8
110.8

114.4
113.9
111.6

118.6
118.2
115.4

117.5
117.2
112.0

120.9
120.5
116.8

24.3
23.2

110.6
111.6

109.9
111.5

111.1
111.8

112.3
112.5

113.1
113.1

113.0
114.1

109.2
110.1

106.7
109.2

107.7
111.6

113.6
117.1

112.6
109.7

117.8
119.8

12.2
11.3

14.7
12.2

144.6
124.3

145.7
124.9

147.4
125.9

148.3
126.3

150.7
127.5

152.1
129.4

142.4
124.4

141.9
124.0

145.6
126.2

152.1
130.2

153.6
123.1

1585
131.6

29.5

30.6

122.1

122.7

123.8

123.9

124.6

125.9

122.3

122.7

123.7

126.0

122.7

126.6

100.0

116.0

116.6

59.5
44.8

59.2
45.6

114.7
117.5

114.7
117.3

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

! 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
1
2.6
2.7
1
.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

I 111.9 111.2
i 118.3 117.4
125.3 123.3
! 131.1 128.6
! 101.0 98.3
| 183.3 181.2
115.4 114.3
112,1 112.2
125.6 122.8
104.5 106.9
109.4 109.5
110.1 109.4
109.0 109.3
95.8
96.5
125.4 123.7
102.5 103.6
114.4 108.4
105.3 107.7
117.9 108.7

Equipment, total
Business equipment
Information processing & related
Computer and office
Industrial
Transit
Autos and trucks
Other
Defense m6 space equipment
Oil and gas well drilling
Manufactured homes

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

125.7
145.5
175.2
272.1
116.8
141.2
156.1
121.4
69.9
88.6
143.6

14.7
5.9
8.8

13.6
5.1
8.5

! 40.5

117.3

117.7

115.3
117.8

116.1
118.8

116.6
119.5

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

112.9
116.4
120.2
121.9
91.5
174.4
117.5
113.1
127.9
104.8
110,2
111.9
110.5
97.1
128.0
104.9
116.1
106.4
119.9

113.3
117.7
116.9
116.3
88.4
164.7
117.9
118.4
141.3
109.1
111.3
112.1
111.6
97.6
127.4
103.6
114.9
105.0
118.6

126.2
146.3
175.6
273.4
118.1
139.8
153.7
124.5
69.8
89.6
136.2

126.6
147.3
177.1
274.2
119.8
136.1
146.0
127.3
68.9
89.1
135.9

127.2
148.2
178.8
278.6
119.6
137.5
147.3
128.0
68.5
88.9
138.1

105.9
99.7
110.0

106.7
101.8
109.9

107.5
102.9
110.6

40.8

117.7

117.9

20.5
4.1
7.4
9.0
3.1
9.0
j 1.2
i 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

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

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

97.2
95.2
97.7

97.0
94.8
95.3

Consumer goods excluding:
Autos and trucks
Energy

24.8
23.8

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

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

1

i

"~

Apr.

115.9

Products, total
Final products

'—~

Not seasonally ad uste'3

Mar.

100.0

Total Index

_ _ _ •

!
!

_AunJL

SPECIAL AGGREGATES




Table 1B
INDUSTRIAL PRODUCTION: MARKET GROUPS
Percent change
P*

Item

1992Q4
to
199304

LJum3m=m

""Seasonallyadjusted
annual rate

rw
[ ._oa__ f l l - _ O L _ 2 2 L

L^^§ii0^iy^olusiM_
L ^ N o X s e a s o n a l l v adiusted
! Aug. S3
[1994
to
rr9§4
1
Ma/_
LMs£^ ^JyosL.^JukL ...AUQ.P
_JyngL„ July* Auq.P

Total |pd®%

4.2

2.8

6.7

8.3

5.2

.5

.6

.3

Products, total
Final p r o d u c t s

3.9
3.8

3.3
2.9

6.1
6.3

7.6
8.5

4.2
3.4

.5
.4

.7
.8

.5
.6

.8
1.0

3.7
2.0
-3.5
31.0
I - 1 6 . 6 68.6
- 2 7 . 8 123.5
- 4 3 . 8 136.2
-6.4
112.6
5.0
I 4.9
|
9.5
4.8
10.6
33.5
.0
I 5.2
-1.3
3.9
I 3.6 - 3 . 1
!
2.5
-3.7
i -6.6
-.1
-5.0
4.3
-2.7
-.1
-3.3
21.5
I
1.4
20.1
! 29.5 - 1 0 . 5

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

1.6
-9.5
-21.0
-30.1
-31.0
-29.2
-.5 I
3.2 !
3.8
4.2
2.3
5.2
10.2
10.4 !
7.9
7.4 I
-16.9
10.1
-24.6

.5
-1.6
-3.3
-5.7
-6.0
-5.3

2.2
.5
2.B

1.1
.8
.8
.4
-.9
1.6
1.6
.7
1.9
-.8
.9
1.2
.4
-.5
1.7
.4
4.8
-1.6
7.2

.3
1.1
-2.8
-4.5
-3.5
-5.5
.3
4.6
10.5
4.2
1.1
.1
1.0
.6
-.4
-1.2
-1.1
-1.3
-1.0

1

5.7
A
7.9 i
-7
10.2
.9
12.0
.3
14.9
1.4
-2.7
-17.6
-5.0
-27.2
21.8
2.3
-6.8
-1.3
15.0
-.6
-16.0
-.2

.5
.7
1.0
1.6
-.1
1.0
.9
.6
-.6
-.1
1.6

Consumer goods
Durable
Automotive products
Autos a n d trucks
Autos
Trucks
Auto parts and allied goods
' Other durable goods
Appliances, TVs, a n d a i r - c o n d .
Carpeting and furniture
Miscellaneous
Mortdurafefe
Foods and tobacco
Clothing
Chemical products
Paper products
Energy products
Fuels
Utilities

1.8
9.1
12.6
17.5
14.1
20.8
4.0
5.9

I

I

i

13.9
4.7
1.7
-.2
-1.1
-1.7

I

.8

!
|
I

.6
2.0
2.0
2.0

I

1.2
-1
2.2
-1.2
-.3
1.1
.6
1.1
1.8

.8

.7

1.0
1

3.7

-2.7

4.5

6.7
1

1.3
1.4

4.6
4.6

-3.1
-4.1

5.9
7.2

.7
2.9
6.9
12.4
6.1
18.4
-2.2
-.6
-1.4
.2
-.6
.1
-.2
.2
.4
1.0
-.1
2.3
-.9

1.0
.9
.8
2.2
2.8
1.6
-1.8
1.1
5.0
-.8
-.2
1.0
2.8
3.0
4.5
-1.4
-9.5
2.2
-14.2

5.2
1.9
2.2
2.2
1.0
3.4
2.2
1.6
2.5
1.0
1.3
6.3
6.2
4.3
10.8
-.3
7.9
.5
11.5

-4.8
-20.7
-35.0
-50.9
-51.4
-50.4
-3.1
-6.2
-1-0.5
-4.0
-4.7
.1
-1.8
-4.7
1.4
-1.3
10.8
-.7
15.8

8.1
24.7
46.8
89.4
73.8
103.5
3.3
9.3
16.1
9.1
5.2
4.0
6.7
6.2
2.0
2.0
-1.8
.9
-2.8

5.1
12.8
20.3
31.8
30.5
32.9
3.1
6.7
11.6
5.9
3.9
2.9
4.1
3.6
3.4
1.4
-.9
3.6
-2.4

.9
1.3
1.8
2.1
2.2
-1.4
-2.6
.5
-.8
-1.7
-1.7

1.3
1.6
1.6
2.1
.6
5.2
10.0
-.4
.5
-4.6
-1.5

2.0
2.6
3.3
5.1
1.8
1.6
2.4
2.7
-1.7
-.8
.1

3.7
4.3
5.6
7.1
3.1
2.4
2.6
3.5
-.4
5.4
7.4

-3.1
-3.3
1.8
2.5
1.0
-29.7
-48.4
-.8
-1.7
2.0
-16.2

6.0
6.8
4.2
6.5
2.2
36.4
80.0
.9
1.0
-.6
17.2

9.7
13.2
16.9
25.9
8.6
12.9
31.9
7.6
-7.8
-4.1
15.9

6.5
7.0

4.1
!
6.5
! 15.3
31.4
4.4
-25.3
-28.3
15.3
-8.9
51.2
22.1

9.8
13.8
14.9
35.5
.2
44.5
121.1
5.9
-9.7
-12.5
58.4

10.8
14.4
22.0
33.9
6.1
13.4
39.8
2.3
-10.2
11.1
38.6

4.1
5.9
3.0

4.6
8.0
2.6

5.3
11.0
1.9

4.6
-.4
7.8

7.0
11.7
4.2

.8
1.1
.6

.4
-.1
.6

.0
.1
.0

.0
.1
.0

.7
2.5
-.4

4.6
3.4
5.4

.1
-2.0
1.4

1.9
.4
2.9

4.5
5.7
3.7

4.8

2.2

7.6

9.2

6.8

.6

.4

.1

.6

.5

2.4

-2.1

2.4

7.0

8.2
12.5
9.4
5.2
5.5
3.8
-.5
4.1
4.4
4.6
-1.0
-2.8
2.2

4.7
-1.0
8.2
4.1
-.8
.5
1.4
-10.2
3.9
4.5
-1.4
-10.1
16.0

13.2
37.6
9.5
6.4
12.9
4.9
-6.0
8.5
4.3
9.0
-1.3
-1.5
-.9

11.8
21.2
14.3
5.1
-.7
3.7
5.4
4.9
6.3
-3.0
8.9
7.5
11.4

10.2
-3.4
16.6
11.4
13.8
6.7
6.6
3.9
10.1
3.0
-.4
5.0
-8.9

.5
-.1
.7
.7
-.3
1.9
-.1
3.5
2.5
.1
-.6
-1.0
.1

.2
-.6
1.4
-.6
-1.2
-.2
.0
1.3
-1.7
1.2
1.4
.0
3.9

.8
.5
1.0
.8
1.0
.0
.3
-2.2
.3
1.6
-1.3
-1.8
-.5

1.4
3.1
1.4
.6
.6
.1
-1.0
.6
.1
.4
-.9
-.7
-1.1

1.1
1.2
1.1
1.0
-1.4
.3
1.7
.9
.3
-.9
-.6
-.5
-.9

1.8
-.5
2.9
1.9
.1
1.9
-.9
5.2
.3
3.7
4.0
1.7
8.2

-2.3
-6.1
-.7
-2.1
-1.9
-3.3
-8.3
-5.0
-1.6
-2.5
-.3
-2.9
4.0

3.6
8.2
2.2
2.8
1.0
2.2
7.6
2.9
.0
3.3
-.2
.3
-1.1

11.6
16.2
14.0
7.3
7.4
3.9
-.5
5.4
4.2
4.5
.0
-.1
2

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

3.8
3.6
3.0

3.9
4.1
1.6

4.3
3.3
5.3

7.2
6.7
7.0

6.7
7.1
4.9

.7
.8
.6

.6
.6
.5

.5
.5
.2

.4
.2
.6

.9
.9
.7

3.7
3.8
3.5

-1.0
-.9
-3.0

3.0
2.8
4.3

6.0
5.6
5.7

Consumer goods excluding:
Autos and trucks
Energy

.8
1.8

4.4
-.2

-1.8
4.6

4.2
6.4

4.7
4.0

1.0
.3

1.1
.6

.7
.5

-.1
.8

.9
2.2

5.5
5.0

-.9
-6.4

4.6 J
9.2 I

3.4
5.8

Business equipment excluding:
Autos and trucks
Computer and office equipment

9.2
3.5

8.8
-1.6

7.7
7.4

12.3
8.2

11.8
6.4

1.2
.8

.6
.3

1.6
1.0

1.0
1.5 i

2.7
1.8

4.4
3.2

1.0
-5.5

3.2
6,9

11.8
9.0

Materials excluding:
Energy

6.9

3.4

10.6

9.3

9.2

.9

.1

.6

1.0.

.9

1.9

-2.6

3.2 |

9.3

Equipment total
Business equipment
Information processing & related
Computer and office
Industrial
Transit
Autos and trucks
Other
D e f e n s e a n d spac® ©quSpmunt
Oil and gas well drilling
Manufactured homes
intermediate products
Construction supplies
Business supplies
Materials
Durable
Consumer parts
Equipment parts
Other
Basic metals
Nondurable
Textile
Paper
Chemical
Other
Energy
Primary
Converted fuel

!
I
!

!

6.4
9.9
15.6
33.9
4.2
1.7
18.1
10.6
-9.5
-.6
14.4

SESCiAL AGGREGATES

Note—Percent changes shown in the f irst a n d last columns are based o n seasona iy adjusted data.




5

Table 2A
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
_

nTropoTfiorT™"
in Total IP
SIC UlBfiZ^ 1993

JMfll^^^™*-^^

SeasohallvAciiusted
Mar. _ A B L „ MavL June7

^^-^-—^I S ^ T M - ^ - — " — ' ~ ~

"

Hqt seasonally adjusted

^ML. JkaL

Mar, ,^ML^.

™M^L^ I Q § L ^MiL

^Ayg^

100.0

100.0

115.9

116.0

116.6

117.3

117.7

118.5

115.2

114.2

115.3

119.5

116.3

121.5

84.3

84.9

117.2

117.7

118.5

118.8

119.4

120.6

116.1

116.3

118.1

122.1

117.9

124.2

27.1
57.1

26.3
58.6

111.4
119.9

112.3
120.2

113.8
120.7

113.4
121.3

113.4
122.3

114.0
123.8

111.2
118.4

112.6
118.1

113.9
120.1

115.9
125.1

112.2
120.6

115.4
128.3

46.5
2.1
1.5
2.4

47.9
1.9
1.4
2.1

121.7
102.9
107.6
101.7

122.5
103.8
109.5
102.7

122.9
105.8
109.9
104.1

123.2
105.8
110.7
103.3

124.3
104.0
111.8
103.0

126.2
104.6
111.2
102.9

122.0
102.8
106.9
98.6

121.6
104.0
107.5
101.7

123.5 126.9
106.1 109.7
107.6 112.3
105.5. 107.0

120.8
103.3
108.2
104.6

128.6
109.2
116.2
107.4

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

3.3
1.9
.1
1.4
5.4

3.2
1.9
.1
1.3
4.9

111.1
117.2
106.0
102.6
104.1

114.4
122.2
105.3
103.8
105.0

115.4
123.2
105.7
104.7
105.1

112.4
118.6
106.3
103.8
105.9

1.13.5
119.4
104.7
105.4
106.5

114.1
120.1
104.7
105.8
107.3

113.6
119.4
109.0
105.7
103.5

116.7
124.8
108.1
105.6
103.8

115.6
123.4
107.4
105.0
105.4

114.3
120.8
107.0
105.4
108.8

110.9
117.8
102.6
101.4
106.2

112.0
117.7
101.9
104.2
109.4

8.5
2.3
6.9

11.1
4.7
8.0

161.4
272.1
138.3

162.8
273.4
140.2

165.0
274.2
141.9

165.8
278.6
143.9

169.0
284.4
148.0

171-2
290.4
148.9

159.9
264.9
138.4

158.5
259.0
138.6

163.9
272.3
141.0

172.2
291.6
145.8

173.7
298.7
144.1

179.8
318.2
149.7

37
371
372-6,9
38
39

9.9
4.8
2.5
5.1
5.1
1.3

9.3
5.2
2.6
4.1
4.8
1.2

110.1
139.9
138.4
82.1
104.4
111.1

108.8
137.5
135.7
81.9
104.5
112.1

106.5
132.5
127.9
82.2
104.5
111.8

106.7
132.9
128.3
82.0
104.6
111.7

104.5
129.6
122.6
81.0
105.8
114.7

110.0
141.1
137.0
80.9
106.2
113.9

114.0
147.9
151.2
82.2
102.8
110.0

110.9
141.9
142.3
81.7
102.9
111.3

111.6
143.9
145.4
81.3
102.7
111.1

112.3
145.4
148.5
81.2
105.8
112.2

88.5
98.1
72.9
79.5
106.5
109.9

109.3
140.7
136.8
79.8
107.9
114.5

20
21
22
23
26

37.8
8.8
1.0
1.8
2.3
3.6

37,0
8.6
.8
1.8
2.0
3.7

111.7
112.2
89.4
110.1
94.2
114,8

111.8
111.8
94.1
111.5
94.6
112.8

113.1
112.3
97.4
112.1
95.3
116.0

113.3
112.7
96.8
111.5
95.3
117.4

113.5
114.0
97.7
112.4
96.0
115.9

113.8
113.8
98.6
112.0
96.0
117.1

108.9
107.6
90.3
109.8
93.0
115.5

109.8
107.0
87.4
112.6
93.2
113.9

111.5
109.7
91.1
115.2
95.0
113.2

116.3
115.0
105.4
116.5
98.0
118.3

114.3
115.4
82.3
109.2
94.1
113.8

118.7
120.5
108.6
116.1
99.4
117.9

27
28
29
30
31

6.5
8.8
1.3
3.2
.3

6.0
9.3
1.3
3.4
.2

103.6
121.7
104.1
122.5
85.1

103.9
121.2
108.9
123.0
86.0

104.4
123.3
109.0
124.6
84.3

105.0
123.6
106.1
124.9
83.2

104.3
123.6
105.6
125.3
83.0

105.0
123.8
107.8
125.3
82.0

99.1
118.4
97.8
122.9
83.5

102.4
119.5
105.4
123.4
84.3

101.9
122.1
110.2
124.9
83.5

106.4 107.8
127.9- 127.6
111.3 111.9
127.1 120.7
86.1
78.8

111.4
129.1
113.2
125.8
84.2

10
12
13
14

8.0
.3
1.2
5.8
.7

7.0
.5
1.2
4.8
.6

99.5
167.3
120.4
91.5
96.3

99.9
171.3
119.8
91.9
96.9

99.1
160.3
113.2
92.6
99.3

99.7
168.8
115.0
92.8
97.6

98.4
168.5
108.6
92.2
98.8

97.6
167.8
107.0
91.5
98.1

99.0
166.8
122.5
91.3
88.7

98.8
173.5
118.2
90.6
96.9

97.6
T65.4
108.5
90.7
103.4

98.7
171.4
113.8
90.7
103.9

96.4
168.2
100.8
90.3
105.2

97.6
172.6
111.7
89.3
106.0

491,3pt
492,3pt

7.7
6.1
1.6

8.1
6.3
1.7

118.0
117.4
120.1

114.4
115.8
109.4

114.7
115.5
111.9

119.5
121.5
111.7

118.0
119.8
111.5

116.5
117.5
112.6

121.8
112.0
158.2

107.5
105.4
115.5

103.2
107.4
87.8

113.0
124.2
71.6

120.2
133.4
71.1

117.2
129.9
70.3

79.5
81.9

79.7
80.2

115.8
112.8

116.5
113.2

117.6
114.0

118.0
114.2

118.8
114.7

119.4
115.8

114.2
111.9

114.8
112.2

116.6
113.7

120.7
117.3

119.1
112.7

123.2
118.6

12.5
6.9
5.6
5.3
0.3

12.2
6.7
5.5
5.2
0.3

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
5.6
0.3

14.5
7.9
6.6
6.2
0.4

12.4
6.8
5.7
5.3
0.3

13.3
7.3
6.0
5.7
0.3

13.6
7.4
6.2
5.9
0.4

6.5
3.4
3.1
2.9
0.2

13.0
6.5
6.5
6.2
0.4

Total index
iteoufaeturifig
Primary proeessinp
Advanced processing
Durable
Lumber and products
Furniture and fixtures
Stone, clay, and glass products

Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous
Nondurable
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

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

24
25
32

SPECIAL AGGREGATES
Manufacturing excluding:
Motor vehicles and parts
Computer and office equipment
Memo: Motor vehicle assemblies 1
Total
Autos
Trucks
Light
Heavy and medium

1. Millions of units at" ah annua[) rate.
Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers,
petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products.
Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation
equipment, instruments, and miscellaneous manufactures.




6

Table 2B
INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
Percent change

ftftm

Seasonal adjustea

1992Q4
to

rmr
Lasaoi. L3SL

sic

„,Mi^m.!^pk~-

—

SemmMi^imm

tssr
hr5§4
^ a L _OL. Qg L M & _

June

r

Julv

sos^onpillv adius**wi
Not-.-.

8i >».iii».gmMSpAa6wasaM.iH»ULJasLM&£

r

,AUQ.P

Ma^

June ^

1

JulvL AUQ^

Aug. 93
to
Auo.94

Total indeic

4.2

2.8

6.7

8.3

5.2

.5

.6

.3

.7

10

3.7

-2.7

4.5

6.7

Meoufaetyring

5.0

2.4

8.4

7.8

7.2

.7

.3

.5

1.0

15

3.4

-3.5

5.3

7.9

5.0
5.0

2.6

I 2.3

8.6
3.3

2.8
10.1

9.3
6.2

13
.4

-.4
.5

.0
.8

.5
1.2

11
1.7

1.8
4.1

-3.2
-3.6

2.8
6.4

5.6
9.0

7.7
5.0
5.8
5.3

3.6
11.7
9.8
4.4

14.4
17.6
1.8
10.7

10.3
-4.7
6.7
-2.7

6.2
5.9
12,5
9.9

.3
19
.3
1.4

.3
-.1
.7
-.8

.8
-1.7
1.0
-.2

15
.6
-.5
-.1

1.6
2.0
•1
3.7

2.8
3.4
4.4
1.4

-4.8
-5.9
-3.7
-2.2

6.4
5.7
7.4
2.7

10.8
3.7
5.8'
4.6

7.5
9.4

5.9
9.9
4.6
-.2
3.8

11.4
12.1
6.7
10.4
9.4

.4
-2.6
-12.3
5.2
7.6

16.8
24.5
4.5
5.6
6.5

.8
.8
.4
.8
.2

-2.6
-3.7
.5
-.8
.8

1.0
.7
-1.5
16
.5

.5
.6
-.1
.4
.8

-.9
-1.1
-.6
-.6
1.6

-12
-2.1
-.4
A3.2

-3.0
-2.5
-4.1
-3.7
-2.4

10
-.1
-.7
2.8
3.0

6.5
6.5
-1.5
6.4
7.8

16.6
31.4
12.5

15.7
35.5
9.4

17.1
33.9
12.0

15.2
12.0
17.4

1.3
.3
12

.5
16
1.5

19
2.1
2.8

3.4
5.1
1.7

5.0
7.1
3.4

.9
2.5
-1.2

3.5
6.5
3.9

16.4
25.9
15.0

-16.1
j -19.1
i -29.7
-12.4
-2.9
-.8

38.6
91.4
124.8
-9.5
-5.7
2.6

15.4
37.9
44.7
-12.2
6.4
2.0

-14.6
-21.6
-30.2
-2.3
1.7
4.8

-2.1
-3.7
-5.7
.4
.0
-.3

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

-2.0
-2.5
-4.4
-1.3
1.1
2.7

5.3
3.9
11.7
-.1
.4
-.7

.6

372-6,9
38
39

3.6
16.6
17.0
-10.8
-2.8
2.1

1.4
2.2
-.5
-.2
-.1

.6
10
2.1
-.1
3.0
1.0

-212
-32.5
-50.9
-2.1
.7
-2.1

23.5
43.5
87.7
.4
1.3
4.2

11.7
27.5
317
-7.2
2.9
4.7

20
21
22
23
26

1.5
.6
-15.5
1.6
-1.7
5.6

.9
3.3
-4.4
-1.7
-2.1
-6.0

1.0
-1.3
-25.1
-1.0
-1.5
9.2

4.7
6.3
17.2
4A
2.5
.5

8.5
6.6
41.6
10.8
8.3
3.7

1.1
.4
3.5
.5
.7
2.9

2
A
-.6
-.5
.1
1.2

.1
12
1.0
.8
.7
-1.3

.3
-.2
.9
-.3
.0
1.0

1.5
2.5
4.3
2.3
2.0
-.7

4.3
4.8
15.7
1.1
3.1
4.5

-1.7
.3
-21.9
-6.2
-4.0
-3.7

3.9
4.4
31.9
6.3
5.6
3.5

4.3
3.3
9.2
3.0
3.1
AA

27
28
29
30
31 !

1.2
2.3
2.6
4.8
-3.4

-1.9
2.8
-.1
6.8
-7.9

2.2
.2
15.0
2.8
2.8

3.2
5.7
-11.3
10.4
.6

7.6
8.3
14.1
11.5
.8

.5
1.7
.1
1.3
-2.0

.6
.2
-2.6
.2
-1.2

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

.7
.2
2.0
.0
-1.1

-.5
2.2
4.5
1.2
-.9

4.5
4.8
10
17
3.1

1.3
-.3
.6
-5.0
-8.5

3.4
12
1.1
4.2
6.8

4.0
4.2
4.1
6.6
-19

10
12 1
13
14

-.8
6.5
-3,2
-1.3
2.0

-2.9
| -17.6
-12.7
.1
7.5

2.1
36.3
8.8
-3.0
7.2

4.9
-6.7
42.4
-1.5
3.0

4.8
-9.2
11.2
4.4 j
7.7

-.8
-6.5
-5.5
.7
2.5

.6
5.3
16
.2
-1.8

-1.3
-.2
-5.5
-.6
1.3

-.8
-.4
-1.5
-.7
-.8 |

-1.2
-4.7
-8.2
.2
6.3

11
3.6
4.9
.0
.5

-2.4
-1.8
-11.4
-.5
1.2

1.3
2.6
10.9
-1.1
.7

10
9.3
3.6
-1.9
4.2

12.6
11.7
16.1

-6.5
-10.4
9.5

15.8
12.2
29.3

-11.8
-1.9
-40.4

.2
-.3
2.3

4.1
5.3
-.2

-12
-1.4
-.2

-1.3
-1.9
1.0

-4.0
1.9
-24.0

9.5
15.7
-18.4

6.3
7.4
-.6

-2.4
-2.6
-12

-1.6
-1.6
-1.6

3.9
.9

4.4
6.9

5.9
6.3

9.6
6.9

1.0
.7

.3
.2

.7
.4

.5
.9

1.6
1.3

3.6
3.1

-1.4
-3.9

3.4
5.3

6.7
6.8

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

24
25
32 I

Primary metals
33
Iron and stee
331,2 !
Raw steel
I
Nonferrous
333-6,0
Fabricated metal products
34
Industrial machinery
and equipment
35
Computer and office equip.
357
Eleetnca! machinery
36
37
371

Transportation equipment
Motor vehicles and parts
Autos and light trucks
Aerospace and misc.
Instruments
Miscellaneous
Imndmmm
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
Hininp
Metaimining
Coal mining
Oil and gas extraction
Stone and earth minerals
Utilities
Electric
Gas

5.9

4.7
5.6

17.4
33.9
10.9

|

.9
.4
2.8- j

491,3pt
492,3pt

!

1.3 !
2.1 !
.6

I

SEEOAL-AOfiBEIMIES
Hanufaeturing excluding:
Motor vehicles and parts
Computer and office equipment
•

i

'

—MLM-i-n.

•••••

..,.

.,.,,




,

j
i.i.

m,

4.3
3.6

I

1

7

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

Item

Ave.

1973
High

T37T1980
High

1982
Low

-J§ggr "i5§5q
1989
Hkih

1991
Low

1993
Aug.

1994
Mar.

Apr.

Mav^

June?

Jul^

AUQ.P

T®te§ Industry

100.0

81.9

89.2

87.3

71.8

84.8

78.1

81.4

83.8

83.7

83.9

84.2

84.3

84.7

Hanufactyring

85.9

81.2

38.9

87.3

70.0

85.1

76.7

80.3

83.0

83.1

83.4

83.4

83.7

84.3

25.5
60.4

82.2
80.6

92.2
87.5

89.7
86.3

66.8
71.4

89.1
83.3

78.0
76.0

84.1
78.7

86.3
81.6

86.9
81.5

87.9
81.5

87.5
81.7

87.4
82.1

87.7
82.8

49.4
1.7
1.4
2.3

79.0
83.1
81.7
77.9

88.8
90.1
96.8
89.2

86.9
87.6
86.6
87.0

65.0
60.9
68.9
63.1

83.9
93.3
86.8
83.7

73.8
76.2
71.6
71.6

78.3
87.7
81.3
76.4

82.2
89.0
82.5
78.4

82.4
89.8
83.9
79.1

82.4
91.5
84.1
80.1

82.4
91.4
84.6
79.4

82.8
89.8
85.3
79.2

83.8
90.3
84.8
79.0

80.1
79.8
79.2
80.9
72.4
89.2

100.6
105.8
102.7
92.9
92.1
95.7

102.4
110.4
95.7
90.5
80.8
97.6

46.8
38.3
35.2
62.2
42.1
58.6

92.9
95.7
92.7
88.9
85.9
100.4

74.4
72.2
71.4
75.8
73.6
97.3

87.1
88.9
86.5
84.5
81.3
85.5

90.7
93.0
86.9
87.3
81.7
80.3

93.5
97.0
86.3
88.4
82.1
78.6

94.3
97.7
86.7
89.1
88.1
77.9

91.8
94.1
87.1
88.4
88.6
77.8

92.7
94.8
85.9
89.7
87.5
78.0

93.2
95.3
90.0
86.1
77.7

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

24
25
32

333-6,9
3331
3334

3.0
1.8
0.1
1.2
0.0
0.1

34

5.1

77.2

87.8

83.9

62.9

82.0

72.0

77.0

80.6

81.3

81.4

82.1

82.5

83.2

35
357
36

10.9
4.7
7.9

80.8
80.5
80.4

96.4
90.9
87.8

92.1
93.5
89.4

64.9
63.1
71.1

83.7
84.4
84.9

71.4
63.4
77.3

83.7
83.6
83.1

88.1
89.9
85.8

88.1
88.8
86.4

88.6
87.5
86.9

88.3
87.4
87.6

89.3
87.8
89.5

89.8
88.2
89.5

37
371

74.9
75.7

83.8
93.4

372-6,9
38
39

10.4
5.4
2.7
5.0
5.3
1.3

75.5
82.0
75.6

77.0
89.9
82.9

82.7
93.0
92.2
81.1
92.5
78.7

56.7
44.5
40.1
66.9
79.0
66.1

84.2
84.5
89.6
88.3
81.2
80.1

70.5
57.3
53.7
78.5
76.1
72.9

68.6
71.5
69.0
65.4
73.4
74.6

76.0
88.3
89.4
62.2
73.7
75.5

75.1
86.5
87.2
62.2
73.6
76.1

73.4
82.9
81.8
62.5
73.6
75.8

73.4
82.9
81.6
62.6
73.6
75.6

71.8
80.5
77.6
61.9
74.3
77.6

75.5
87.2
86.2
61.9
74.6
76.9

20
22
23
26
261-3
27

36.4
8.8
1.6
2.0
3.3
1.5
5.9

83.5
82.3
86.2
81.1
89.7
92.2
86.5

87.9
86.0
92.0
84.2
96.9
97.1
89.7

87.0
84.3
91.7
86.0
94.2
98.2
92.2

76.9
78.8
73.8
78.9
82.0
82.1
83.0

86.8
83.3
92.1
84.2
94.9
98.1
92.3

80.4
80.8
78.5
74.9
86.3
90.2
78.5

83.0
80.6
91.1
80.1
89.9
90.3
81.7

84.0
81.2
91.2
81.4
91.1
94.6
83.5

84.0
80.8
92.2
81.7
89.4
92.4
83.6

84.8
80.9
92.5
82.3
91.9
95.1
83.9

84.8
81.0
91.9
82.4
92.8
95.4
84.4

84.8
81.8
92.4
83.0
91.5
92.8
83.7

84.9
81.4
92.0
83.1
92.4
93.4
84.2

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

9.4
0.8
0.4
1.1
3.3
0.2

80.0
85.5
84.8
85.5
83.6
81.9

87.9
102.0
93.8
96.7
94.0
81.3

85.1
90.9
98.5
89.5
90.4
92.4

70.1
63.4
64.4
68.2
73.5
78.1

85.9
97.0
99.7
88.5
90.5
83.8

79.4
75.3
76.6
84.5
78.3
76.4

81.4
85.7
90.1
89.5
84.4
80.8

82.2
89.8
90.9
90.2
86.5
84.1

81.7
88.7
88.6
94.4
86.7
85.3

83.0
91.7
91.5
94.5
87.6
83.8

83.0
91.4
86.7
92.1
87.6
83.1

82.8

82.7

86.3
91.7
87.6
83.1

93.8
87.5
82.4

10
12
13
138
14

6.6
0.5
1.2
4.3
0.5
0.6

87.4
78.3
87.0
88.3
72.5
83.8

94.4
90.3
90.8
96.6
93.0
93.7

96.6
87.6
95.7
96.9
104.3
93.3

80.6
43.4
75.4
82.5
50.8
63.3

87.0
87.5
91.4
86.9
60.7
90.0

86.8
80.0
82.9
87.8
53.0
77.9

87.0
79.6
76.1
91.6
70.0
80.1

89.9
86.2
92.4
90.8
74.9
81.9

90.3
88.1
91.9
91.2
76.1
82.4

89.6
82.3
86.7
91.9
76.0
84.5

90.2
86.5
88.1
92.2
76.2
83.0

89.0
86.2
83.1
91.7
75.2
84.0

88.3
85.6
81.8
91.1
72.1
83.4

491,3pt
492,3pt

7.6
5.8
1.7

86.7
88.8
82.5

95.6
99.0
93.2

88.3
88.3
93.6

76.2
78.7
70.8

92.6
94.8
85.5

83.1
86.3
68.3

88.4
91.0
79.5

87.5
88.7
83.4

84.8
87.3
76.0

84.9
87.0
77.7

88.3
91.4
77.6

87.1
90.0
77.5

85.9
88.1
78.2

Primary metals
Iron and steel
Raw steel
Nonferrous
Primary copper
Primary aluminum
Fabricated metal products
Industrial machinery
and equipment
Computer and office equip
Electrical machinery
Transportation equipment
Motor vehicles and parts
Autos and light trucks1
Aerospace and misc.
Instruments
Miscellaneous
Homdumble
Foods
Textile mill products
Apparel products
Paper and products
Pulp and paper
Printing and publishing

Minina
Metaimining
Coal mining
Oil and gas extraction
Oil and gas well drilling
Stone and earth minems
Utilities
Electric
Gas
••!•

rmr~
1993

1993
Proportion

M

l

1

1

II

33
331,2

.

l JIJJL

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




8

Table 4
INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES
,
item

SIC

_

Percent change '
Annual raje
December toDecemper
1967- 1967- 19751993 1975 1993
Ave.
Ave.
Ave. 1989 1990 1991 1992

"""^pac^ln^ixes""™^
Percent of 1987 outout
1993

1993
Aug.

1994
Mar.

Apr.

May

June

July

Aug.

Total industry

2.8

3.7

2.4

1.9

1.9

1.6

1.7

1.9

136.5

138.3

138.7

139.0

139.3

139.6

140.0

Manufacturing

3.2

3.9

2.9

2.4

2.1

1.9

2.0

2.2

139.2

141.3

141.7

142.0

142.4

142.8

143.1

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

128.3
144.4

129.2
147.0

129.3
147.5

129.5
148.0

129.6
148.5

129.7
149.0

129.9
149.4

3.4
1.7
3.0
1.4

3.7
2.9
4.5
2.5

3.3
1.1
2.3
.S

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

145.4
115.0
129.3
128.9

148.1
115.5
130.4
129.7

148.6
115.6
130.6
129.8

149.1
115.7
130.7
129.9

149.6
115.8
130.9
130.1

150.1
115.9
131.0
130.2

150.6
115.9
131.2
130.3

333-6,9
3331
3334

-.2
-1.0
-1.2
1.2
-.2
1.4

1.7
.7
.3
3.6
1.8
5.2

-1.1
-1.8
-2.0
.1
-1.2
-.5

1.4
2.1
1.7
.2
2.4
1.2

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

-1.1
-1.4
-1.7
-.7
.3
.6

-1.5
-2.4
-2.3
.0
4.1
.3

-1.1
-1.8
-2.0
-.1
1.7
.5

123.0
126.9
122.9
117.6
138.5
124.8

122.4
126.0
122.0
117.5
139.4
125.0

122.4
126.0
122.0
117.5
139.5
125.0

122.4
126.0
122.0
117.5
139.5
125.0

122.4
126.0
122.0
117.5
139.5
125.0

122.4
126.0
122.0
117.5
139.6
125.0

122.4
126.0
122.0
117.5
139.6
125.0

34

1.5

3.1

.8

.5

.3

-.1

-.2

-.2

129.3

129.2

129.1

129.1

129.1

129.1

129.1

35
357
36

6.5
20.1
5.2

4.7
12.0
6.1

7.4
24.3
4.7

2.5
8.7
4.3

4.9
15.8
3.5

5.4
14.2
2.6

5.2
13.3
2.9

6.0
14.0
5.2

175.7
275.7
155.7

183.2 184.7 186.2 187.8
302.5 307.9 313.2 318.6
161.3 162.3 163.3 164.3

189.3
324.0
165.3

190.8
329.3
166.3

37
371

2.6
3.1

3.0
4.5

2.4
2.5

372-6,9
38
39

1.9
5.2
2.1

1.3
7.6
4.4

2.3
4.0
1.0

3.0
3.2
2.0
2.7
2.9
1.4

.8
1.0
.7
.6
1.2
1.6

.8
1.8
1.0
-.1
1.3
1.7

2.1
3.7
5.1
.5
1.4
1.7

1.2
3.5
3.5
-1.2
1.5
1.6

143.7
154.8
150.9
133.2
140.6
145.7

144.8
158.4
154.8
131.9
141.7
147.1

144.9
159.1
155.6
131.7
141.9
147.3

145.1
159.7
156.4
131.4
142.0
147.5

145.3
160.4
157.2
131.1
142.2
147.7

145.5
161.1
158.0
130.9
142.3
147.9

145.7
161.7
158.8
130.6
142.5
148.1

20
22
23
26
261-3
27

2.9
2.6
2.0
1.2
2.7
2.4
3.1

4.3
3.0
4.3
2.3
3.9
3.0
3.0

2.2
2.4
.9
.7
2.1
2.1
3.2

2.3
1.1
1.8
.5
2.8
2.3
3.1

2.1
1.4
1.6
.1
3.0
2.8
2.9

1.9
2.2
.9
-.6
2.4
3.0
1.5

1.7
2.5
1.0
-.8
1.7
1.9
.7

1.7
2.5
1.8
-.8
1.6
1.7
.7

131.6
136.1
119:4
116.3
124.8
122.3
123.6

133.0
138.1
120.7
115.8
125.9
123.5
124.2

133.2
138.4
120.9
115.8
126.1
123.7
124.3

133.4
138.8
121.2
115.7
126.3
123.8
124.4

133.6
139.1
121.4
115.7
126.4
124.0
124.5

133.8
139.4
121.6
115.6
126.6
124.2
124.6

134.0
139.7
121.8
115.6
126.8
124.4
124.7

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

3.8
6.8
4.5
1.5
5.5
-3.4

6.8
12.7
9.7
4.2
8.6
-1.5

2.4
4.0
2.0
.3
4.0
-4.3

3.6
6.4
2.5
-.7
3.8
-3.4

2.4
2.5
1.2
1.0
4.0
-3.5

2.9
2.4
2.8
-1.0
3.3
-3.5

2.6
1.5
6.6
-1.3
3.3
-3.6

2.3
2.9
3.9
-.5
3.0
-3.8

145.9 148.0
131.1 ! 133.3
133.9 136.9
115.7 115.4
139.2 141.6
103.5 101.2

148.3
133.6
137.3
115.4
141.9
100.8

148.7
133.9
137.7
115.3
142.2
100.5

149.0
134.2
138.2
115.3
142.6
100.2

149.3
134.6
138.6
115.2
142.9
99.8

149.7
134.9
139.0
115.2
143.2
99.5

.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

-1.1 111.1 110.6 110.6
1.5 192.0 I 194.0 194.4
1.1 129.5 | 130.3 130.4
-2.1 101.8 100.8 100.8
-9.4 ! 124.2 118.2 117.7
-.1 117.5 117.5 117.5

110.6
194.8
130.5
100.7
117.2
117.6

110.6
195.2
130.6
100.6
116.7
117.6

110.6
195.6
130.7
100.6
116.2
117.6

110.5
196.0
130.8
100.5
115.7
117.6

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

135.0
132.6
144.0

135.2
132.8
144.0

135.3
133.0
144.0

135.5
133.1
144.0

135.6
133.3
144.0

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

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

i

24
25
32

33
331,2

10
12
13
138
14
491,3pt
492t3pt |

i

t

i

. x

1. Series begins in 1977.




9

1.0 I 134.0 134.8
1.3 131.2 132.4
.0 j 144.0 144.0

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

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

Q1

Q2

Q3

Q4

1982
1983
1984
1985
1986

-2.0
1.9
2.0
.4
.5

2.1
.0
-.1
.7
-.7

-.5
.8
1.0
.3
-.9

-.6
1.2
.6
A
.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
A

-.9
.5
.6
0

-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

1987
1988
1989
1990
1991

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

1.4
.2
-.5
.5
-1.1

.4
.0
.9
.3
-.8

,5
.8
.0
-.7
2

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

.9
.0
-.3
.2
.9

.4
.6
-1.0
-.2
.2

.3
.6
.5
.3
.1

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

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

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

1992
1993
1994

-.3
.2
.5

.8
.6
.4

.5
.1
.8

.7
A
.1

A
-.4
.5

-.5
.3
.6

.5
.4
.3

-.3
.2
.7

.1
2

.9
.6

7
.8

.3
5.2
8.3

5.6
2.3
5.2

.6
2.8

6.4
6.7

1982
1983
1984
1985
1986

82.4
80.8
91.0
93.1
96.1

84.2
80.7
90.9
93.8
95.5

83.7
81.3
91.9
94.1
94.6

83.2
82.3
92.4
94.5
94.8

82.7
83.2
93.0
94.7
94.7

32.4
83.7
93.5
94.4
94.3

82.0
85.3
93.9
94.1
94.8

81.6
86.5
94.0
94.5
94.9

81.0
87.9
93.9
95.0
95.0

80.3
88.6
93.2
94.2
95.6

80.0
88.8
93.3
94.6
96.3

79.3
89.2
92.8
95.6
96.8

83.4
80.9
91.3
93.6
95.4

82.8
83.1
93.0
94.5
94.6

81.5
86.6
93.9
94.6
94.9

79.8
88.9
93.1
94.8
96.2

1987
1938
1989
1990
1991

96.5
103.2
106.6
105.5
104.2

97.9
103.4
106.2
106.1
103.0

98.2
103.4
107.1
106.4
102.3

98.8
104.3
107.1
105.7
102.5

99.4
104.0
106.7
106.5
103.4

100.3
104.0
106.4
106.7
104.3

100.6
104.6
105.3
106.5
104.5

100.9
105.2
105.8
106.8
104.6

100.7
104.7
105.4
106.8
105.4

102.1
105.0
105.0
106.3
105.2

102.2
105.6
105.4
105.0
105.0

102.8
106.3
106.1
104.5
104.6

97.5
103.3
106.6
106.0
103.2

99.5
104.1
106.7
106.3
103.4

100.8
104.8
105.5
106.7
104.9

102.3
105.6
105.5
105.3
104.9

1992
1993
1994

104.3
109.2
114.6

105.2
109.9
115.0

105.6
110.0
115.9

106.4
110.5
116.0

106.8
110.0
116.6

106.2
110.4
117.3

106.8
110.9
117.7

106.5
111.1
118.5

106.6
111.3

107.5
111.9

108.3
112.8

109.0
114.0

105.0
109.7
115.2

106.5
110.3
116.6

106.6
111.1

108.3
112.9

Capacity
1982
1983
1984
1985
1986

107.8
110.7
113.3
116.0
119.2

108.1
110.9
113.5
116.2
119.4

108.3
111.1
113.7
116.5
119.6

108.6
111.3
113.9
116.8
119.8

108.8
111.6
114.2
117.1
120.0

109.0
111.8
114.4
117.3
120.2

109.3
112.0
114.6
117.6
120.4

109.5
112.2
114.8
117.9
120.6

109.8
112.4
115.0
118.2
120.8

110.0
112.6
115.3
118.4
121.0

110.2
112.8
115.5
118.7
121.2

110.5
113.1
115.7
119.0
121.4

108.1
110.9
113.5
116.2
119.4

108.8
111.6
114.2
117.1
120.0

109.5
112.2
114.8
117.9
120.6

110.2
112.8
115.5
118.7
121.2

1987
1988
1989
1990
1991

121.6
124.0
125.8
128.2
130.6

121.8
124.1
126.0
128.4
130.8

122.0
124.3
126.2
128.6
131.0

122.2
124.4
126.4
128.8
131.1

122.4
124.6
126.6
129.0
131.3

122.6
124.7
126.8
129.2
131.5

122.8
124.9
127.0
129.4
131.7

123.0
125.0
127.2
129.6
131.8

123.2
125.2
127.4
129.8
132.0

123.4
125.3
127.6
130.0
132.2

123.6
125.5
127.8
130.2
132.4

123.8
125.6
128.0
130.4
132.6

121.8
124.1
126.0
128.4
130.8

122.4
124.6
126.6
129.0
131.3

123.0
125.0
127.2
129.6
131.8

123.6
125.5
127.8
130.2
132.4

1992
1993
1994

132.7
135.0
137.7

132.9
135.3
138.0

133.1
135.5
138.3

133.3
135.7
138.7

133.5
135.9
139.0

133.7
136.1
139.3

133.9
136.3
139.6

134.1
136.5
140.0

134.3
136.8

134.5
137.0

134.6
137.2

134.8
137.4

132.9
135.3
138.0

133.5
135.9
139.0

134.1
136.5

134.6
137.2

76.4
73.0
80.4
80.3
80.6

77.9
72.8
80.1
80.7
79.9

77.3
73.2
80.8
80.7
79.1

76.7
73.9
81.1
80.9
79.1

76.
74.
81.
80J
78.

75.6
74.9
81.8
80.5
78.4

75.0
76.1
81.9
80.0
78.7

74.5
77.1
81.8
80.2
78.7

73.8
78.2
81.6
80.4
78.7

73.0
78.7
80.9
79.6
79.1

72.6
78.7
80.3
79.7
79.4

71.8
78.9
80.2
80.4
79.8

77.2
73.0
80.4
80.6
79.9

76.1
74.5
81.4
80.7
78.8

74.4
77.2
81.8
80.2
78.7

72.4
78.8
80.6
79.9
79.4

1987
1988
1989
1990
1991

79.3
83.2
84.8
82.3
79.8

80.3
83.3
84.3
82.6
78.8

80.5
83.2
84.8
82.7
78.1

80.8
83.8
84.7
82.1
78.2

81J
83.,
84.:
82.
78/

81.8
83.4
83.9
82.5
79.3

81.9
83.8
82.9
82.3
79.4

82.0
84.2
83.2
82.4
79.4

81.8
83.6
82.7
82.3
79.9

82.7
83.8
82.3
81.8
79.6

82.7
84.2
82.4
80.6
79.3

83.1
84.6
82.8
80.2
78.9

80.1
83.2
84.6
82.5
78.9

81.3
83.6
84.3
82.4
78.8

81.9
83.9
82.9
82.3
79.5

82.6
84.2
82.5
80.9
79.3

1992
1993
1994

78.6
80.9
83.2

79.1
81.2
83.3

79.4
81.2
83.8

79.8
81.4
83.7

80.I
81 A
83.<

79.5
81.1
84.2

79.8
81.3
84.3

79.4
81.4
84.7

79.4
81.4

80.0
81.7

80.4
82.2

80.8
82.9

79.0
81.1
83.4

79.8
81.2
83.9

79.5
81.4

80.4
82.3

Year
Industrial
Production,
Percent
Change1

-1
2

industrial
Production

Utilization
1982
1983
1984
1985
1986

TTlSulIrTe^^



10

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

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

industries
Production,
Percent
Chang©1
1982
1983
1984
1985
1986

-1.6
2.2
2.3
.1
1.3

2.9
.4
.6
.6
-.4

-.7
1.4
.9
.7
-1.0

-1.0
1.0
.4
.3
.9

-.2
1.4
.5
.6
.0

.0
.8
.6
-.5
-3

-.6
1.5
.4
-.2
.6

-.6
1.3
.2
.8
.5

-.6
2.2
-.1
.2
.3

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

-.4
.5
.0
1.3
.5

-.5

-.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

-.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

.9
.7

.8
1.0

industrial
Production
1982
1983
1984
1985
1986

76.6
76.2
87.1
89.9
94.0

78.8
76.5
87.6
90.4
93.6

78.2
77.6
88.3
91.1
92.7

77.4
78.3
88.7
91.4
93.5

77.3
79.4
89.1
92.0
93.6

77.2
80.0
89.7
91.5
93.3

76.8
81.2
90.1
91.3
93.9

76.4
82.3
90.3
92.0
94.4

75.9
84.1
90.2
92.3
94.6

75.2
84.7
90.2
91.6
95.3

74.9
85.1
90.2
92.8
95.8

1987
1988
1989
1990
1991

96.2
103.2
107.7
105.5
103.7

97.8
103.4
106.7
106.5
102.6

98.3
103.6
107.3
107.0
101.7

98.7
104.3
107.6
106.0
102.0

99.4
104.2
107.1
106.6
102.8

100.3
104.2
106.8
106.6
103.8

100.7
104.7
105.5
106.3
104.1

100.7
105.1
106.0
106.9
104.3

100.9
105.2
105.6
106.8
105.3

102.0
105.3
105.1
106.2
105.1

1992
1993
1994

104.4
109.9
115.6

105.3
110.4
116.1

105.9
110.5
117.2

106.6
111.3
117.7

107.1
111.1
118.5

106.7
111.2
118.8

107.1
111.6
119.4

106.9
111.8
120.6

107.0
112.1

Capacity
1982
1983
1984
1985
1986

103.9
106.7
109.4
113.1
117.6

104.2
106.9
109.7
113.4
117.9

104.4
107.2
110.0
113.8
118.2

104.6
107.4
110.3
114.2
118.5

104.9
107.6
110.6
114.6
118.8

105.1
107.8
110.9
115.0
119.1

105.3
108.0
111.2
115.3
119.3

105.6
108.3
111.5
115.7
119.6

1987
1988
1989
1990
1991

121.2
124.2
126.6
129.6
132.3

121.5
124.4
126.9
129.8
132.5

121.7
124.6
127.1
130.0
132.7

121.9
124.8
127.4
130.3
132.9

122.2
125.0
127.6
130.5
133.1

122.4
125.2
127.9
130.7
133.3

122.7
125.4
128.1
130.9
133.5

1992
1993
1994

134.7
137.4
140.5

134.9
137.7
140.9

135.2
137.9
141.3

135.4
138.2
141.7

135.6
138.4
142.0

135.8
138.7
142.4

73.7
71.4
79.6
79.5
80.0

75.6
71.5
79.9
79.7
79.4

74.9
72.4
80.3
80.0
78.5

74.0
73.0
80.4
80.0
79.0

73.7
73.8
80.6
80.3
78.8

1990
1991

79.3
83.1
85.1
81.4
78.4

80.5
83.1
84.1
82.0
77.4

80.7
83.1
84.5
82.3
76.7

81.0
83.7
84.6
81.4
76.8

1992
1993
1994

77.5
80.0
82.2

78.1
80.2
82.4

78.3
80.1
83.0

78.7
80.6
83.1

1987
1988
1989
1990
1991

I

1992
1993
1994

Utilization
1982
1983
1984
1985
1986
1987
1988

1989

I

Q!

Q2

Q3

Q4

Annual

-4.9
10.4
.1
-.4 ' 13.3
.1
1.7
1.0
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

.6
6.3
.6
3.6
.2
4.3
3.7
-.5
.0 | -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

.5
1.2 !

1.2
6.0
7.8

6.1
3.3
7.2

.9
2.4

6.5
8.4

3.0
4.6

74.5
85.2
89.8
92.8
96.7

77.9
76.8
87.7
90.5
93.5

77.3
79.3
89.2
91.6
93.5

76.4
82.5
90.2
91.9
94.3

74.9
85.0
90.1
92.4
95.9

76.6
80.9
89.3
91.6
94.3

102.4
106.2
105.4
104.9
104.8

103.0
106.8
105.6
104.4
104.7

97.4
103.4
107.2
106.3
102.7

99.4
104.2
107.2
106.4
102.9

100 8
105.0
105.7
106.6
104.6

102.5
106.1
105.4
105.1
104.9

100.0
104.7
106.4
106.1
103.7

107.9
112.9

108.8
114.0

109.3
115.4

105.2
110.3
116.3

106.8
111.2
118.3

107.0
111.8

108.7
114.1

106.8
111.7

105.8
108.5
111.8
116.1
119.9

106.0
108.7
112.1
116.5
120.2

106.3
108.9
112.4
116.9
120.5

106.5
109.1
112.7
117.2
120.8

104.2
106.9
109.7
113.4
117.9

104.9
107.6
110.6
114.6
118.8

105.6
108.3
111.5
115.7
119.6

106.3
108.9
112.4
116.9
120.5

105.2
107.9
111.1
115.2
119.2

122.9
125.6
128.4
131.2
133.7

123.2
125.8
128.6
131.4
133.9

123.4
126.0
128.9
131.6
134.1

123.7
1262
129.1
131.8
134.3

123.9
126.41
129.4
132.0
134.5

121.5
124.4
126.9
129.8
132.5

122.2
125.0
127.6
130.5
133.1

122.9
125.6
128.4
131.2
133.7

123.7
126.2
129.1
131.8
134.3

122.6
125.3
128.0
130.8
133.4

136.1
138.9
142.8

136.3
139.2
143.1

136.5
139.5

136.7
139.7

137.0
140.0

137.2
140.2

134.9
137.7
140.9

135.6
138.4
142.0

136.3
139.2

137.0
140.0

135.9
138.8

73.5
74.2
80.9
79.6
78.4

72.9
75.2
81.0
79.2
78.7

72.3
76.0
80.9
79.5
78.9

71.7
77.5
80.7
79.5
78.9

70.9
77.9
80.5
78.6
79.3

70.5
78.1
80.3
79.4
79.5

70.0
78.0
79.7
79.2
80.0

74.7
71.8
79.9
79.8
7§.3

73.7
73.7
80.6
80.0
78.7

72.3
76.2
80.9
79.4
78.8

70.5
78.0
80.2
79.1
79.6

72.8
74.9
80.4
79.5
79.1

81.3
83.4
83.9
81.7
77.2

81.9
83.2
83.5
81.5
77.9

82.1
83.5
82.4
81.2
78.0

81.9
83.7
82.6
81.5
78.0

81.9
83.6
82.1
81.3
78.6

82.6
83.6
81.5
80.7
78.4

82.8
84.2
81.6
79.6
78.0

83.1
84.5
81.6
79.1
77.9

80.2
83.1
84.5
81.9
77.5

81.4
83.4
84.0
81.5
77.3

82.0
83.6
82.4
81.3
78.2

82.8
84.1
81.6
79.8
78.1

81.6
83.6
83.1
81.1
77.8

78.9
80.2
83.4

78.5
80.1
83.4

78.7
80.3
83.7

78.5
80.3
84.3

78.4
80.4

78.9
80.8

79.4
81.5

79.7
82.3

77.9
80.1
82.5

78.7
80.3
83.3

78.5
80.3

79.4
81.5

78.6
80.6

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




11

J

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

Index. 1987 = 166
_— — I ' M I
1994
Mav^ JyoiL W
Mar.
Feb.

geasonallYalg^justeg^

SIC

1987

1993

Feb.

Mar.

10
101
102-^,8,9
102

.33
.06
.28
.09

.50
.06
.44
.12

167.4
114.8
178.1
155.0

167.3
123.1
176.2
139.6

171.3 160.3
113.9 117.7
183.0 168.8
142.7 131.7

168.8
125.0
177.8
137.0

168.5
124.9
177.4

170.9
113.0
182.5
150.6

12

1.23

1.15

114.4

120.4

119.8

113.2

115.0

108.6

13
131

4.81
4.08
2.29
1.79
.29
.43

91.8
91.6
80.0
111.7
103.5
87.4

91.5
91.1
80.0
110.2
105.3
88.6

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

92.2
91.5
78.9

132
138

5.79
4.91
3.12
1.80
.29
.58

14

.67

.56

97.1

96.3

96.9

99.3

97.6

20
201

202
2021
2022
2023
2024
2026

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

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

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

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

111.8
120.7
105.4
121.2
142.2
81.7
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

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

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

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

112.5
118.2
98.4
107.1
128.9
108.0
115.7
107.7
107.9
91.0

118.0
119.6
100.2
110.5
126.7
112.2
115.8
115.6
105.8
84.6

119.8 121.6
117.4 116.7
100.7 100.9
108.1 104.7
127.0 126.1
111.3 112.9
112.3 114.8
116.5 117.7
104.1 102.6
95.6
93.2

120.4
100.3
86.4

21

1.03

.85

86.7

89.4

94.1

97.4

96.8

97.7

Textile mill products
22
Fabrics
221-4
Cotton and synthetic
221,2
Narrow fabrics
224
Knit goods
225
Knit garments
2253,4,7-9
Fabnc finishing
226
Carpeting
227
Yarns and miscellaneous
228,9
Cotton and synthetic yams 2281,2,4

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

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

108.7
105.2
105.7
97.1
123.9
129.9
88.6
101.3
108.9
103.3

110.1
107.1
107.8
98.2
126.3
133.4
87.8
98.2
111.3
106.1

111.5
104.7
104.8
100.5
126.7
133.3
88.3
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

111.5
105.9
105.9
105.5
129.5
134.3
87.7
100.1
113.3
109.5

Apparel products

23

2.33

1.96

92.9

94.2

94.6

95.3

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

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

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

102.8
94.1
84.9
109.1
97.4
91.3
139.7

102.9
92.3
86.7
110.4
97.9
94.7
143.6

103.8
93.0
84.1
111.4
101.1
93.7
136.2

105.8
96.1
84.4
112.4
101.7
94.4
135.9

Item
Metal mining
Iron ore
Nonferrous ores
Copper
Coal mining
OH and gas extraction
Crude oil and natural gas
Crude oil, total
Natural gas
Natural gas liquids
Oil and gas well drilling
Stone and earth minerals
Foods
Meat products
Beef
Pork
Poultry
Miscellaneous meats
Dairy products
Butter
Cheese
Concentrated milk
Frozen desserts
Milk and misc. dairy products
Canned and frozen food
Grain mill products
Bakery products
Sugar and confectionery
Fats and oils
Beverages
Beer and ale
Soft drinks
Coffee and miscellaneous
Roasted coffee
Tobacco products

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




Apr.

12

"—'
111 Mil HM Mill \l

| , — —

Apr.

Ma^

Juner

Jul^

166.8
115.7
177.1
138.8

173.5
117.3
184.8
143.0

165.4
127.5
173.0
137.4

171.4
135.2
178.6
139.6

168.2
132.6
175.4

118.3

122.5

118.2

108.5 .113.8

100.8

113.9
87.4

92.8
93.3
80.6
115.2
104.7
82.5

91.3
91.7
80.3
111.4
107.0
80.6

90.6
90.9
79.1
111.3
107.6
79.2

90.7
91.0
79.5
110.9
110.2
78.6

90.7
90.3
78.3
111.2
112.3
82.9

112.6
84.5

98.8

83.3

88.7

96.9

103.4

103.9

105.2

112.7
124.4
104.0
127.3
150.5
82.3
104.9
113.1
124.0
107.7
112.0
92.6

114.0 104.9
122.0 117.1
104.9 100.4
125.9 116.2
143.1 141.0
73.8
88.2
105.5 102.8
114.4 130.7
124.2 123.8
107.9 101.4
115.4 105.5
92.8
91.8

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

107.0
118.8
99.3
122.2
142.9
82.5
113.2
121.9
126.0
128.7
128.8
96.2

109.7
119.5
101.4
116.7
147.3
82.5
115.7
118.8
129.4
135.1
129.5
97.2

115.0
125.8
110.2
117.9
155.6
79.2
113.6
102.0
128.3
121.6
143.1
96.3

115.4
117.9
105.8
110.4
143.0
67.4
107.2
88.0
121.1
107.1
140.8
93.1

122.9
114.7
103.6
108.1
124.9
114.2

119.8 101.0
119.0 115.5
104.3 89.8
109.1 102.9
125.2 129.4
114.9 100.6
116.0
120.9 95.4
110.4 107.2
118.9 101.4

106.8
116.4
93.4
101.9
130.8
108.0
119.0
105.1
100.0
73.4

107.5
112.7
95.7
92.9
125.1
109.2
118.0
109.0
96.2
81.0

112.3
114.0
98.5
90.6
122.3
115.1
126.6
114.6
98.9
84.4

119.4
115.6
108.4
96.8
124.1
123.3

122.1
117.0
11.2.2
96.6
117.4
122.6

127.3
102.1
77.7

134.0
112.4
93.9

89.5

90.3

87.4

91.1

105.4

82.3

112.4
106.6
106.8
106.0
130.2
136.9
89.9
107.2
112.4
108.6

107.5
106.2
106.2
96.1
116.2
119.1
90.9
98.5
110.7
107.1

109.8
108.8
109.0
98.5
120.9
125.6
89.3
97.8
113.1
110.1

112.6
108.0
107.7
100.3
125.8
127.2
89.1
110.9
114.3
111.6

115.2
110.2
110.3
104.2
132.1
137.4
90.9
110.4
115.6
113.5

116.5
108.3
108.2
106.1
143.0
149.3
89.9
103.6
115.5
112.3

109.2
98.7
98.1
99.2
132.2
140.8
80.7
113.2
107.2
102.7

95.3

96.0

90.7

93.0

93.2

95.0

98.0

94.1

105.8
95.4
81.9
112.8
102.3
96.1
138.1

104.0
93.2
82.4
111.5
101.4
89.6
135.7

101.0
94.2
78.9
105.7
92.6
91.5
131.6

102.8
93.7
79.9
109.1
95.1
94.1
141.1

104.0 106.1
91.9
95.2
76.3
81.4
112.4 113.7
99.4 102.1
92.9
95.2
143.9 144.1

109.7
99.3
86.0
117.0
104.8
96.2
154.8

103.3
92.4
87.9
110.8
103.3
89.4
129.7

90.3
89.6
78.2

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

I

intpfallP

I
i

Index

^
, . - • •
Seasonallvadiusted

- 1987 = 100

""
Not seasonally adjusted

SIC

1987

1993

1994
Feb.

Mar.

Apr.

Ma^

Juner

JuM

1994
Feb.

Mar.

Apr.

Mav'

Juner

Julvr

25
251

1.47
.69

1.37
.63

107.4
106.8

107.6
106.5

109.5
106.5

109.9
105.6

110.7
106.5

111.8
110.1

106.8
107.8

106.9
108.1

107.5
106.4

107.6
105.4

112.3
109.0

108.2
100.2

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

3.65
1.68
.16
1.01
.50
1.97
.71
1.26

3.70
1.71
.16
1.03
.52
1.99
.75
1.23

114.9
115.6
109.1
115.6
117.8
114.2
121.4
110.2

114.8
116.8
108.5
116.0
121.1
113.1
123.1
107.5

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

115.9
115.2
109.5
113.5
120.6
116.4
128.3
109.8

117.1
118.0
111.6
117.9
120.3
116.3
121.1
113.5

115.5
117.1
107.4
116.1
122.3
114.1
122.6
109.3

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

113.8
113.9
112.4
111.2
119.9
113.8
127.9
105.9

27
Printing and publishing
Newspapers
271
Periodicals, books, and cards 272,3,7
Job printing
\274-6,8,9

6.51
1.76
1.79
2.97

5.95
1.28
1.65
3.02

102.3
82.2
101.5
115.0

103.6
79.9
102.5
118.5

103.9
80.5
103.3
118.6

104.4
79.6
103.7
119.2

105.0
78.9
104.6
120.5

104.3 ! 97.6
78.9
80.9
102.3 101.6
120.6 105.1

99.1
77.0
104.4
109.0

102.4
83.9
105.8
111.3

101.9
78.4
103.5
114.8

106.4
78.1
102.9
125.4

107.8
74.8
101.9
130.9

28

8.76

9.31

119.9

121.7

121.2

123.3

123.6

123.6

118.4

119.5

122.1

127.9

127.6

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 3
132.4
114.1
117.5
135.7
123.6

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

Chemicals md products
Industrial chemicals and
synthetic materials
Basic chemicals
Alkalies and chlorine
Inorganic pigments
Inorganic chemicals, nee
Acids and other

116.6

,

281,2,6
281
2812
2816
2819

3.66
.81
.05
.10
.54
.33

3.91
.94
.05
.11
.64
.40

121.7
128.8
112.3
115.0
131.3
135.0

123.4
131.1
105.9
124.4
133.7
134.6

123.8
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

125.4
137.2
111.3
119.7
142.3

122.9
134.0
113.3
120.3
137.2
146.1

123.6
131.3
106.9
128.4
132.7
131.3

125.1
135.5
106.7
124.3
139.9
142.2

282
2821
2823,4
286

1.29
.79
.41
1.56

1.33
.80
.43
1.64

119.9
117.2
119.3
119.5

123.0
119.7
124.5
119.7

121.2
118.5
121.6
120.0

126.3
122.8
126.0
122.5

124.4
122.8
119.7
119.5

124.3
119.6
120.1

121.1
118.1
120.7
118.5

124.3
122.1
121.8
118.9

124.8
121.6
125.6
119.9

125.0
122.2
124.0
122.3

126.6
124.1
124.8
120.1

119.4
120.7

283-5,9
283
284
285
287

4.65
2.04
1.57
.45
.46

4.88
2.47
1.51
.36
.52

117.4
138.0
104.3
91.0
131.5

119.0
140.4
106.1
91.8
133.2

117.9
139.3
103.4
91.1
134.3

119.6
142.0
105.0
92.0
134.9

120.9
144.2
107.4
91.3
135.5

120.6
145.2
104.3
89.9
138.5

110.1
127.0
99.7
85.4
132.5

112.8
129.1
102.9
91.4
133.4

113.3
132.0
98.2
99.1
138.5

117.8
137.8
102.6
103.0
136.2

128.4
154.5
111.4
107.8
134.5

129.4
157.5
111.8
97.8
135.2

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

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

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

104.5
104.0
105.6
119.4
91.6
102.4
99.1
109.2

104.1
103.5
102.9
119.5
91.9
96.2
100.2
108.8

108.9
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

106.1
105.8
106.9
119.7
87.8
106.8
101.7
107.6

105.6
104.8
106.9
118.2
92.6
104.4
100.2
109.7

97.1
98.5
91.1
110.7
97.1
103.1
96.3
89.5

97.8
98.9
97.5
113.5
95.1
94.5
95.3
91.9

105.4
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

111.3
110.2
121.8
120.5
87.0
104.6
104.7
117.5

111.9
110.2
123.3
121.5
87.5
106.7
103.3
121.5

Rubber and plastics products
30
Tires
301
Other rubber products
302,5,6
Plastics products, nee
308

3.21
.40
.56
2.25

3.35
.46
.55 I
2.35

119.7
129.1
109.5
120.7

122.5
132.8
112.4
123.2

123.0
132.8
110.6
124.4

124.6
134.8
115.2
124.7

124.9
134.9
114.1
125.8

125.3
127.2
116.6
126.7

119.7 122.9
141.4 141.6
107.9 111.6
118.8 122.3

123.4
135.8
112.1
124.0

124.9
137.3
115.2
125.1

127.1
135.3
116.9
128.1

120.7
106.7
115.3
124.6

.32
.16

.24
.11

83.1
75.0

85.1
75.2

86.0
77.0

84.3
74.3

83.2
72.9

83.0
71.3

81.5
72.5

83.5
72.4

84.3
75.0

83.5
74.5

86.1
75.9

78.8
69.4

2.15 1 100.0
.34 102.0
.17 I 92.5
.14 I 91.8
.11 110.4
1.22
92.7

101.7
103.6
94.7
97.9
111.1
94.2

102.7
100.8
89.0
92.1
113.1
97.9

104.1
102.1
92.5
106.1
112.9
98.6

103.3
105.8
98.1
104.0
111.9
96.3

103.0
100.4
89.8

95.7
102.9
96.4
66.0
106.9
89.9

98.6
105.5
99.8
81.5
109.8
91.9

101.7
103.6
94.5
93.1
113.2
95.9

105.5
105.5
97.5
117.8
115.1
98.3

107.0
110.2
104.2
125.8
116.8
97.7

104.6
104.0
94.8

Synthetic materials
Plastics materials
Synthetic fibers
Industrial organic chemicals
Chemical products
Drugs and medicines
Soap and toiletries
Paints
Agricultural chemicals

Leather and products
Shoes

•31 I
314

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




2.41
.37
.20
.17
.13
1.43

13

109.7
97.6

103.8
97.5

Table 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
I
Item
Primary metals
Iron and steel
Basse steel and mill products
Basic iron and steel
Pig iron
Raw steel

SIC

Proportion
in total IP

'
~
Seasonally adjusted

index. 1987:= 166
[
™
. ~~ ~ Not seasonally
~~adjusted
19&4
Mar. —Apx.. Mav' ~Jyo§L -JyfcL Feb.
Mar.
Apr. Mav* Juner

L122L,

1993

rTW"
Feb.

3.33
1.93
1.48
.35
.20
.10

3.20
1.94
1.53
.33
.19
.10

107.6
111.5
113.7
100.3
101.0
105.8

111.1
117.2
120.2
99.6
100.6
106.0

114.4
122.2
125.6
106.8
113.5
105.3

115.4
123.2
126.5
107.7
116.1
105.7

112.4
118.6
121.8
107.0
114.6
106.3

113.5 110.4
119.4 114.8
122.0 117.6
104.4 102.3
110.6 103.0
104.7 109.3

113.6
119.4
122.1
101.0
101.6
109.0

116.7
124.8
128.2
108,1
114.1
108.1

115.6
123.4
126.6
108.5
116.8
107.4

114.3
120.8
123.4
106.6
113.8
107.0

110.9
117.8
121.1
103.5
110.1
102.6

1.20 i 117.9
.19 126.3
.13 95.8
.13 | 121.5
.05 I 103.3
.69 121.1
.41 104.4

126.7
133.3
107.2
136.4
99.5
129.7
107.0

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

127.5

128.7
139.5
112.0
130.8
99.2
131.6
110.3

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

126.6

106.9

102.1
112.7
119.8
101.4

102.6
108.7
113.9
100.4

103.8
107.5
114.5
98.3

104.7
110.6
122.9
97.4

103.8
114.3
123.6
97.3

105.4 | 104.3 105.7
113.5 116.1 112.8
122.2 124.2 118.8
97.6 101.7 100.8

105.6
108.7
114.8
98.0

105.0
111.0
119.6
97.7

105.4
111.8
120.8
97.3

101.4
108.3
114.7
96.9

97.1
97.9
95.9
96.5
108.7 106.9
1.00.8 102.4

99.9
98.7
110.2
103.6

100.0
98.4
108.4
105.0

99.3
97.0
108.8
106.6

100.2
98.0
107.9
106.8

101.3
100.4
113.7
103.8

101.2
100.4
115.8
103.7

100.6
99.1
109.5
105.3

101.3
99.3
112.1
107.5

97.0
95.0
111.3
102.9

104.1
109.8
110.5
98.4
96.9
101.6
105.5
110.8

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

105.9
112.0
113.2
99.5
97.9
102.5
107.4
113.1

106.5 I 101.4
1.11.9 | 102.8
| 102.9
102.3 I 94.9
100.5 ; 93.4
103.2 j 95.1
107.9 105.1
113.7 111.3

103.5
105.2
105.3
97.5
95.8
97.6
107.3
114.1

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

108.8
131.2
133.9
101.7
100.4
104.0
109.9
117.3

106.2
121.5

33
331,2
331

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

Nonferrous products
Nonferrous mill products
Aluminum
Nonferrous foundries

335,6
335
3353-5
336

.99
.75
.24
.25

.83
.62
.22
.21

34
5.42
Fabricated metal products
Metal containers
341
.30
Metal cans
3411
.28
342
.58
Hardware, tools, and cutlery
Hardware and tools
3423,5,9
.52
Structural metal products
344 I 1.36
Other fabricated metal products 345-9 I 2.98
345-7 j 1.63
Fasteners, stampings, etc.

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

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

I
""
LT~"

i
i
j
!
;
I

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

[ 103.0
I 110.7
| 111.6
i 94.4
92.8
i 99.9
! 105.3
| 111.4

11.10 158.8 161.4 162.8 165.0
.50 112.9 114.8 117.3 114.6
.48 139.9 140.5 145.6 147.9
.82 116.0 118.2 119.4 119.4
1.02 115.5 118.9 122.3 126.1
.71 116.6 119.4 119.4 121.1
1.05 117.0 116.4 118.0 119.1
.31 106.1 108.9 109.3 110.1
-.74 122.2 120.0 122.3 123.4
4.70 269.5 272.1 273.4 274.2
.86 119.6 122.1 124.2 127.7
.96 114.0 116.3 117.9 120.8

111.8

122.4
133.5
104.8
122.7
93.6
125.6
105.5

98.6
97.9
111.4
100.9

Julvr

102.0
101.1
104.3
105.8
112.2

165.8 169.0
117.5 114.7
146.8 151.3
117.9 119.9
124.2 128.8
121.7 123.9
120.1 120.7
11.0.9 110.0
124.5 125.8
278.6 284.4
128.9 130.3
120.1 119.4

I 155.9
i 113.4
148.4
115.2
115.0
• 116.3
115.7
107.3
119.7
258.4
119.0
111.5

159.9
114.8
150.3
117.5
118.3
120.1
116.3
109.8
119.4
264.9
126.6
114.7

158.5 163.9 172.2 173.7
114.0 114.6 116.3 114.2
154.4 152.6 147.2 138.1
118.1 119.5 120.1 120.1
118.9 122.5 127.9 133.0
119.0 120.9 122.0 120.4
116.1 117.3 123.0 122.6
108.9 109.6 111.3 107.2
119.5 121.0 128.6 129.9
259.0 272.3 291.6 298.7
127.4 133.8 142.9 139.3
113.7 117.1 124.5 125.2

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

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

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

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

136.1
98.6
88.5
124.3
116.7
114.6
133.6
127.5
116.3
110.8

138.3
99.0
90.1
122.5
105.2
121.9
129.1
126.6
118.0
106.4

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

143.9 148.0
105.1 106.4
95.8
96.0
124.5 135.5
115.9 129.7
118.1 130.4
119.5 146.6
132.6 135.3
119.4 120.5
111.2 1212

135.5
95.7
85.7
130.3
120.0
124.7
145.7
130.2
106.8
120.5

138.4
97.8
88.8
129.4
108.0
133.4
143.7
129.6
112.0
115.4

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

145.8
108.8
99.0
128.6
112.2
137.6
126.9
131.6
119.7
116.5

144.1
109.9
97.9
118.2
103.1
132.0
101.3
125.2
113.8
96.9

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

130.2
118.0
182.7
133.8
136.8

138.3
120.6
188.5
131.4
113.3

116.2
122.2
192.3
131.2
103.6

133.3
124.0
194.1
131.6
99.2

142.3 161.5 130.0
124.4 125.2 117.1
198.7 203.0 182.0
130.3 135.0 ! 130.2
102.8 112.1 j 118.3

139.6
120.2
187.8
128.9
101.1

106.6
120.9
191.4
127.2
88.1

132.1
122.6
194.0
128.0
86.1

143.4
125.3
199.8
129.6
100.5

127.9
123.9
199.1
130.5
105.4

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

9.30 113.0
5.22 I 146.1
1.43! 121.3
1.66 1 190.7
1.56 192.6
.89 200.4
.67 182.9
2.09 139.6
.04 109.1

110.1
139.9
114.9
174.8
177.2
183.3
169.6
139.7
115.5

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
132.9
104.1
169.0
170.5
174.4
165.6
134.7
118.2

104.5 114.2 114.0
129.6 148.8 147.9
100.5 126.2 123.9
163.1 195.0 193.4
163.7 196.9 196.6
164.7 203.6 203.3
162.4 188.7 188.2
133.3 139.3 140.1
114.5 116.2 121.5

110.9
141.9
116.7
182.8
185.2
191.0
178.0
137.4
140.5

111.6 112.3
143.9 145.4
119.9 121.1
185.5 192.8
188.7 195.5
194.2 200.7
181.9 189.1
138.5 136.3
115.2 119.2

88.5
98.1
58.9
103.4
100.8
99.6
102.3
127.3
119.2

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

5.11
2.95
.55
1.61

4.09
2.49
.45
1.14

82.0
84.7
88.0
75.1

82.1
84.7
90.1
75.0

81.9
84.1
90.6
75.4

82.2
84.1
91.5
75.9

82.0
83.8
90.5
76.0

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




14

81.0
81.8
91.5
75.7

81.8
85.4
86.3
73.8

82.2
84.9
91.1
74.0

81.7
83.6
91.5
75.0

81.3
83.0
91.8
74.6

81.2
83.0
90.1
74.9

79.5
80.1
90.2
74.7

Tabie 6 (continued)
INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
[""""Proportion
! in total IP

:

I Z ! Z I I ^ ~ r ^

E5^n^87 = f5cT"

Seasonally adjusted

F1994"
Julv r
Feb.

SKL

1987

1993

Feb.

Mar.

Apr.

May1"

June r

38
381-^1
384

5.13
4.07
1.06

4.81
3.79
1.40

104.1
103.3
151.3

104.4
103.8
151.7

104.5
103.6
149.9

104.5
103.3
151.0

104.6
103.5
151.6

105.8
105.1
155.4

102.8
101.6
143.7

102.8
101.8
143.3

Misc. manufactures
Consumer goods
Business supplies

39
391,3,4,6
395,9

1.26
.65
.61

1.24
.82
.62

109.9
107.7
113.0

111.1
108.3
113.6

112.1
108.5
115.8

111.8
108.6
115.3

111.7
108.7
115.0

114.7
111.4
118.7

107.2
105.1
109.5

Electric utilities
Generation
Fossil fuel
Hydro and nuclear

491,3pt

6.07
2.57
1.46
1.11

6.34
2.66
1.42
1.24

118.1
116.3
111.5
122.6

117.4
114.3
107.3
123.7

115.8
114.7
106.7
125.4

115.5
113.8
106.1
124.1

121.5
119.1
117.1
121.8

119.8
117.4

3.50
1.42
2.08
1.16
.92

3.68
1.49
2.19
1.23
.96

119.3
120.9
118.3
119.4
116.8

119.6
118.9
120.2
120.6
119.6

116.6
112.5
119.3
120.7
117.7

116.7
113.8
118.6
118.5
118.7

123.3
125.3
121.9
124.0
119.2

121.5

1.64
.56
.26
.56

1.73 !
.58 I
.28 I
.59

126.4
125.1
131.0
128.7

120.1
115.5
127.2
122.5

109.4
99.1
115.6
112.9

111.9
106.6
119.7
112.1

111.7

111.5

Item
Instruments
Scientific and medica!
Medical instruments

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

492,3pt

120.1

~~~"

-——______

^ H s J c T seasonaTEaBJuistep7™""""""
Ma/

Juner

Julvr

102.9
101.7
143.6

102.7
101.4
146.4

105.8
104.8
157.5

106.5
106.1
164.4

110.0
107.8
112.5

111.3
108.4
114.4

111.1
107.9
114.6

112.2
108.3
116.5

109.9
103.7
116.6

117.3
117.2
109.3
127.6

112.0
108.5
101.2
118.0

105.4
104.4
96.8
114.6

107.4
108.0
97.7
121.6

124.2
125.9
123.1
129.6

133.4
130.6

117.4
126.3
111.3
111.9
110.6

114.5
114.1
114.8
113.5
116.5

106.1
98.0
111.6
110.2
113.4

106.9
94.7
115.3
112.8
118.4

123.0
118.5
126.0
128.8
122.5

135.4
130.2

188.5
233.0
217.9
164.6

158.2
177.7
179.3
146.3

115.5
110.4
125.5
116.2

87.8
68.1
85.2
96.5

71.6

71.1

1994
Mar.

Apr.

Ma/

Mar. ^ A g r ^

Table 7
INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS
Billions of 1967 dollars at annual rates, seasonally ad lusted
Item

1987

Products, total
Final products

1994
Q1

Q4

Q2r

Juner

Q1

Q2

Q3

1886.9 1870.9

1873.1

1881.1

1927.0 1960.7 1971.6 1962.6 1965.5

1969.4

1979.9 1982.5 2007.8

1314.6 1480.7 1470.5

1469.8

1473.6

1513.1 1542.4 1545.5 1544.5

1541.1

1542.9

1552.5

1707.0

1993

Jul/

Aug.P

1555.7 1580.1

Consumer goods
Durable
Automotive products
Other durable goods
Nondurable

866.6
226.1
114.9
111.2
640.5

944.1
253.2
128.1
125.1
690.9

943.0
252.5
129.8
122.7
690.5

937.2
249.3
125.9
123.4
687.9

938.9
248.5
119.1
127.4
692.4

959.0
266.1
138.6
127.5
692.9

971.7
274.9
149.1
125.8
696.8

971.2
266.1
139.5
126.6
705.0

972.4
271.4
145.4
126.1
701.0

967.4
268.7
142.9
125.8
698.7

969.5
264.1
137.3
126.8
705.4

976.6
265.6
138.4
127.2
711.0

976.9
266.2
134.0
1325
710.8

989.8
276.7
145.2
131.4
713.2

Equipment, total
Business and defense
Business
Defense and space

448.0
430.5
335.4
95.1

536.7
519.9
451.5
68.4

527.5
511.0
440.0
71.1

532.6
516.8
447.5
69.3

534.7
517.5
449.8
67.8

554.1
536.3
470.3
66.1

570.7
552.0
487.8
64.2

574.3
555.7
492.5
63.1

572.0
553.0
489.1
63.8

573.7
555.0
491.3
63.7

573.4
554.8
491.8
63.0

575.9
557.1
494.5
62.7

578.8
560.4
498.6
61.7

590.3
572.4
510.1
62.3

392.5
162.7
229.8
60.3

406.1158.8
247.3
67.9

400.3
155.7
244.7
68.1

403.3
156.4
246.9
67.6

407.5
159.6
247.9
67.4

413.8
164.2
249.6
68.3

418.3
163.6
254.7
70.3

426.1
168.5
257.6
70.1

418.2
163.4
254.7
68.8

424.5
167.9
256.6
70.2

426.5
169.1
257.3
69.5

427.4
168.4
259.0
70.5

426.8
168.8
258.0
69.6

427.7
169.0
258.7
69.6

Intermediate products
Construction supplies
Business supplies
Commercial energy products

Table 8
DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
Percent
Year
One Month Earlier
1992
1993
1994
Three Months Earlier
1992
1993
1994
Six Months Earlier

1992
1993
1994

Jan.

Feb.

Mar.

Apr-

May

June

July

Aug.

Sep.

Oct.

Nov.

Dec.

42.0
51.4
49.8

61.6
59.6
50.2

63.5
47.8
67.8

58.4
56.5
63.1

57.6
40.4
58.4

44.7
52.9
50.6

53.7
56.9
57.1

49.8
52.2

51.4
49.8

56.1
54.5

62.7
57.3

52.2
62.4

50.2
56.5
61.6

55.7
60.8
59.6

59.2
61.2
62.4

68.2
57.3
69.4

69.4
51.0
69.0

52.9
50.6
60.0

52.5
51.8
54.5

45.1
57.6

49.0
54.1

49.8
52.9

62.7
53.7

59.2
65.5

56.1
53.3
60.8

55.7
65.5
60.4

56.9
65.9
68.6

63.1
66.7
72.9

64.7
57.6
71.4

60.4
58.8
65.5

65.1
62.4
66.3

60.0
52.2

54.9
53.3

55.3
53.3

59.2
61.2

58.4
63.9

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



15

Table 9
ELECTRIC POWER USE: MANUFACTURING AND MINING
PZZT^
Item
Total

'

" JridexTTSBTTTSG

1987
„ _ S § £ S j o n a J ie a i y § l § S - ™ _ _
Billion rT994~
Feb.
Mar. ™ M r _ Ma^ June1"
•_.198LSiC-I KWH
| 850.7 Hl2iT 114.1 112.8 113.7 113.8

~"

'

NoTseasonalivaoTuste^""

—~~

1994
JulvP
Feb.
113.6 M 0 U 6

Mar.
112.0

Apr.
111.3

Ua¥
113.3

Juner
116.0

JulyP
114.8

MMMJMmiSieK_SBQM^
HariyfaeturiFig
Durable
HomdumblB
_Mmmq

776.5
I 351.3
425.2
74.2 I

112.8
107.9
117.2
107.8

114.5
109.6
118.8
109.3

113.1
107.2
118.4
108.3

114.1
107.6
119.9
107.2

114.0
108.1
119.2
111.3

113.8 108.7
108.1 104.6
118.8 ! 112.3
110.3 107.2

112.2
108.6
115.5
109.3

111.4
106.0
116.1
110.3

113.7
107.6
119.2
107.4,

116.5
110.3
122.1
109.4

115.4
109.1
121.1
105.6

14.6 135.6
6.3 [ 119.4
4.8 145.6

136.0
127.1
137.4

130.4
118.3
135.3

127.6
111.4
136.4

140.1
117.4
155.0

136.2
119.0
147.4

128.5
109.7
140.1

134.8
119.1
140.8

136.9
124.6
142.4

132.4
120.1
136.3

138.6
117.1
152.4

136.5
120.8
148.0

13.4

100.7

104.6

103.5

104.5

104.7

104.3

112.6

113.0

106.6

100.0

96.6

84.7

97.4
99.3
75.6

98.8
101.3
73.6

97.1
98.6
79.4

99.2
100.4
89.6

100.2
1-01.2
90.8

IRQySIBY.^BQUES_siid_Sffii
Metal mining
Iron ore
Copper ore

10
101
102 I

Coal mining

12

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

13
131
132

33.0
99.0
27.7 I 100.2
3.7
72.0

98.8
100.7
74.9

99.1
101.7
70.2

97.9
100.0
76.3

99.3
100.6
87.3

100.7 I 97.2
102.5 ! 99.2
89.6 ! 68.5

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

14
142 I
144
147

12.3 107.4
3.5 ! 113.7
2.9 ! 134.5
3.9
92.7

111.3
128.2
139.2
92.5

112.3
135.3
128.2
92.5

110.8
138.6
127.0
88.5

117.2
141.5
131.4
98.4

112.6
145.3
124.4
90.6

99.9
94.7
109.9
91.4

104.6
108.6
117.1
92.6

113.4
134.2
125.1
95.0

114.3
145.9
133.3
90.7

118.5
148.7
136.3
96.5

112.3
147.9
130.6
88.5

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

20
201
202 !
203 !
204
205
206 1
207 i
208
209

52.9
117.8
8.7 ! 130.3
6.5 110.4
6.6 117.1
10.9 125.0
3.3 123.8
3.7 134.8
3.4 120.8
5.9
97.6
3.9 102.1

121.5
132.1
108.3
124.1
128.2
126.7
130.0
131.9
110.3
107.0

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

122.1
135.2
111.7
128.3
128.4
131.0
139.7
143.8
108.1
103.1

121.1 109.6
136.2 119.6
111.1 1 101.0
119.2 | 103.4
131.2 122.7
130.9 I 112.9
137.2 140.2
143.2 128.1
106.3
85.8
93.5
102.9

112.7
121.7
101.9
110.9
123.8
117.6
119.4
130.2
100.1
99.0

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

124.5
141.6
119.9
124.4
127.2
137.1
131.0
137.6
114.0
106.6

127.5
147.0
122.2
121.8
130.2
142.0
129.2
128.5
118.8
112.0

Tobacco products

21

1.7

94.8

92.0

84.0

70.4

69.7

69.8

89.3

87.3

80.6

69.8

74.6

69.6

Textile mill products
Fabrics
Knit goods
Fabric finishing
Yarn and thread
Miscellaneous textiles

22
221-4
225
226
228
229

29.9
11.6
3.4
2.2
8.4
2.9

118.1
108.3
135.8
121.3
124.9
118.2

116.9
102.4
141.6
128.4
122.6
128.1

113.3
101.0
139.1
119.9
116.0
124.9

116.7
105.2
140.4
119.7
121.2
126.9

115.4
103.1
139.9
120.8
122.2
118.2

109.5
97.7
142.1
119.6
102.6
129.1

108.8
99.5
124.4
114.0
113.3
111.3

111.6
97.9
132.0
124.0
117.4
123.1

110.8
98.7
132.6
120.1
114.4
121.7

119.4
107.7
143.1
122.1
125.3
127.6

127.9
114.5
155.3
130.9
138.3
127.4

110.8
99.0
149.0
119.0
103.7
127.1

Apparel products
Men's outerwear
Women's outerwear

23
231,2
233

6.6
1.9
1.9

101.0
109.2
86.6

103.3
110.2
90.3

102.3
110.3
89,6

104.5
111.7
89.5

104.7
113.8
89.7

106.2
112.5
89.4

91.4
96.4
78.0

93.8
97.4
80.9

94.0
99.6
80.6

100.9
108.7
85.6

113.6
125.0
96.6

115.9
125.4
99.8

Lumber and products
Lumber
Millwork and plywood

24
242
243

21.6
7.9
5.7

117.2
110.5
103.9

120.1
112.5
110.7

117.4
108.9
107.5

118.6
110.1
106.0

119.5
111.4
110.0

117.1
109.1
108.2

120.0
114.4
106.0

120.8
113.2
110.8

118.9
110.7
108.9

117.9
109.3
106.3

118.9
110.1
109.1

113.6
104.7
104.9

Furniture and fixtures
Household furniture

25
251

5.7
3.2

116.0
110.2

117.1
110.8

116.8
109.4

117.3
108.4

117.7
109.3

122.9
116.5

115.4
110.6

115.4
110.9

115.0
109.2

115.0
108.2

119.8
111.8

118.7
106.4

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

26
261
262
263
265
267 |

97.0
7.1
51.6
26.0
4.5
7.6

121.0
105.0
119.6
138.2
111.4
122.3

119.9
106.9
118.0
131.7
117.3
123.8

118.4
102.5
116.8
132.8
118.4
114.4

122.0
105.0
122.3
128.9
123.9
122.1

121.4
105.5
121.2
125.2
122.5
121.3

120.1
103.7
117.1
128.6
124.2
124.2

118.5
104.4
117.2
136.4
110.4
119.7

118.6
102.8
117.4
133.5
115.6
119.1

1186
104.3
118.4
126.9
117.7
112.7

120.7
104.3
121.0
127.8
120.9
120.0

121.5
102.1
119.9
127.3
125.7
123.5

120.0
102.5
116.4
128.3
125.4
125.3

Printing and publishing
Newspapers
Commercial printing

27
271
275

15.7
3.4
8.2

128.6
112.0
131.7

132.8
116.1
136.9

132.4
116.4
138.8

133.0
118.2
139.9

134.9
119.3
141.2

134.9 117.5
121.3 j 102.2
139.2 120.8

122.1
106.5
126.6

124.2
109.8
129.4

127.8
114.6
134.0

139.8
126.6
145.1

147.7
133.0
151.8

Chemicals and products
28
Basic chemicals
281
Alkalies and chlorine
2812
Inorganic chemicals, nee
2819
Acid and fertilizer materials
Nuclear materials, nondefense

146.2
61.8
14.1
29.1
10.9
18.2

117.5
120.6
121.7
129.7
104.4
147.6

119.6
123.0
118.8
138.0
105.2
161.3

119.2
122.4
104.2
140.8
101.7
168.5

121.4
124.3
102.3
142.9
100.1
173.2

119.1
120.0
99.7
135.8
102.6
159.4

119.9 I 113.5
123.2 116.6
100.9 117.0
143.1 125.2
100.0 102.1
173.6 141.6

118.2
123.3
121.5
140.7
103.2
167.4

118.0
121.5
106.8
140.4
100.4
168.9

121.8
126.2
103.7
149.4
100.7
184.1

120.9
121.2
100.9
137.2
101.2
162.8

121.2
122.3
102.9
137.4
101.5
163.0




16

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

Item

r^
" ^
~
1987 \^^^SeasonallYaaiisted
Billion M 9 9 4
1987 SIC , KWH U-Eife- Mar. _AfiL~ Mav^

Chemicals and Products (cont]
Synthetic materials
Plastics materials
Drugs and medicines
Soap and toiletries
Industrial organic chemicals
Agricultural chemicals

282 !
2821
283
284
286
287

~
—
T ^ ^ 5 ® ^ 1 -1Zg 7HT T u 7~r~~ " NotseasonallvariiristefP"
Juner

1994

«JMkL _£ek_

Mar.

n

Apr.

Ma^

Juner

— —
JulyP m

•«•• XmSti.lh

26.5 107.2
14.2 i 116.2
5.5 123.9
3.1
113.3
36.0 116.3
8.5
115.0

109.0
120.2
124.6
116.5
112.1
116.9

110.2
118.9
123.3
110.7
115.9
119.2

113.5
122.0
127.0
112.9
115.0
119.6

114.0
123.0
128.0
115.4
116.4
120.6

110.5
113.8
127.1
111.4
110.2
122.7

104.0
113.1
113.2
107.9
112.9
113.6

105.7
115.1
114.3
112.2
110.5
115.2

109.4
116.7
116.8
105.2
115.6
120.8

112.8
120.5
123.2
110.4
110.5
120.0

117.0
126.3
137.0
119.7
115.3
121.0

114.3
116.3
139.5
120.1
109.6
122.2

29

40.1

101.5

104.5

107.9

104.6

105.6

105.2

96.9

99.0

104.6

103.6

107.8

108.6

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

30
301
306
308

33.1
3.6
3.1
24.9

132.5
116.3
106.3
137.0

134.1
114.5
111.7
138.9

134.0
116.8
107.1
139.6

134.8
108.4
112.6
141.2

136.9
117.3
110.1
142.7

138.4
119.0
112.8
143.8

129.3
109.7
105.0
134.2

133.1
111.4
110.3
138.6

132.9
114.0
106.4
138.8

135.0
109.2
112.0
141.5

142.0
123.1
112.9
148.0

138.7
119.7
112.3
144.2

Leather and products
Shoes

31
314

1.0
.4

94.5
81.0

97.7
83.4

99.2
91.6

100.6
94.2

102.4
96.7

106.5
104.1

92.1
77.2

95.1
79.1

97.0
87.9

99.3
94.2

106.9
102.8

104.6
104.1

Stone, clay, & glass products
Flat glass
Pressed and blown glass
Cement
Structural clay products
Concrete products

32
321
322
324
325
327

33.8
1.7
6.7
10.1
1.6
5.1

102.8
103.5
103.0
101.6
108.6
87.1

106.6
113.8
103.0
109.0
108.4
87.0

105.8
111.3
103.7
102.8
111.6
93.8

106.2
111.7
102.3
104.6
107.9
94.5

104.3
112.2
103.6
100.6
109.8
93.4

103.7
115.9
102.6
100.0
111.3
93.5

95.8
101.2
100.0
82.5
103.0
83.7

100.9
109.2
101.4
93.2
105.6
83.1

104.3
107.7
103.2
100.9
110.7
91.4

108.6
110.8
103.8
112.2
107.6
94.5

107.8
115.7
105.8
109.2
113.1
94.8

105.7
116.8
103.6
105.5
112.6
94.1

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

33
331
332
333
3334
336

137.9
54.4
9.9
55.8
51.2
2.7

107.5
112.8
111.8
92.2
85.9
113.0

108.8
112.4
115.9
93.4
87.6
118.1

104.8
108.7
118.0
87.5
81.7
114.9

105.5
115.5
120.7
83.2
77.6
118.1

106.0
117.0
116.3
85.1
76.7
121.1

106.1
114.0
119.2
86.1
76.6
127.1

105.3
113.6
113.3
86.7
79.8
112.9

110.7
116.9
118.2
93.6
86.8
120.1

105.9
112.5
121.4
86.4
81.1
114.7

106.3
115.9
120.5
84.3
79.9
117.4

106.2
117.1
119.7
84.6
77.3
124.4

105.0
111.2
113.9
87.0
79.5
122.4

Fabricated metal products
Metal containers
Hardware, tools, and cutlery
Structural metal products
Fasteners
Metal stampings

34
341
342
344
345
346

31.5
2.5
2.7
5.6
1.7
7.1

111.7
126.4
110.0
105.2
102.6
123.1

113.2
126.7
113.0
106.3
103.3
125.4

111.8
126.0
112.7
104.7
111.1
125.2

114.0
125.4
115.6
105.4
112.6
128.1

113.6
128.8
113.2
107.0
108.6
129.3

114.5
128.8
114.6
103.1
112.3
128.0

111.4
124.5
108.9
106.8
102.0
121.2

113.2
126.5
111.5
105.8
103.2
127.9

110.6
126.9
110.8
103.4
107.7
125.3

112.9
125.2
113.0
104.8
108.8
130.1

116.4
133.4
115.9
107.5
111.7
134.8

116.1
134.7
116.4
104.5
113.5
125.4

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

35
351
352
353
354
355
356
357
358

33.4
2.5
1.6
4.2
4.2
2.5
4.8
6.1
3.3

111.0
107.5
131.9
97.3
123.4
111.3
113.0
92.5
134.5

111.9
117.1
137.5
99.0
124.3
109.3
112.2
93.3
135.7

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

113.1
122.1
147.1
98.0
129.1
111.9
115.0
90.3
143.3

114.0
118.8
149.7
99.9
132.9
116.0
112.1
90.9
144.4

108.8
106.6
138.0
94.8
120.7
108.6
111.0
89.3
130.0

109.4
116.7
139.4
95.8
122.5
107.9
110.5
90.2
131.5

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

117.1
124.6
146.1
100.8
132.9
114.4
118.8
94.5
151.6

118.3
121.6
141.7
103.9
138.6
121.3
116.2
95.7
152.7

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

36
361
362
363
364
365
366
367

31.3
1.4
4.1
2.5
2.9
.6
3.1
12.8

106.0
76.8
109.6
90.1
103.7
150.9
84.6
114.2

108.7
77.5
108.5
92.7
102.1
148.5
87.5
119.0

107.7
79.2
110.2
90.0
101.4
145.7
86.1
117.5

107.6
79.9
109.3
94.5
104.4
142.2
83.0
117.1

107.7
80.2
109.5
98.7
105.9
144.5
84.3
117.9

107.0
79.1
109.5
99.0
108.6
148.8
87.7
113.2

101.3
73.7
106.9
88.3
102.3
144.7
79.1
108.0

104.9
75.6
107.6
91.9
101.3
141.8
82.2
113.7

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

111.8
83.0
113.2
104.4
111.0
147.2
88.0
122.3

112.1
80.2
113.4
99.0
110.4
152.3
95.5
121.2

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

37
371
372
373

38.3
21.9
10.1
2.1

102.8
101.8
96.2
98.5

103.1
100.0
96.3
102.1

100.9
97.6
93.2
105.8

99.1
97.0
92.8
105.5

101.9
100.9
93.0
103.6

102.4
97.9
98.6
110.9

98.4
96.7
91.5
104.5

101.9
100.1
93.3
104.6

98.8
97.0
90.2
102.6

100.5
98.3
93.8
100.6

107.1
106.6
97.2
103.5

104.3
98.4
102.5
109.0

Instruments
Photographic equip. & supplies

38
386

13.1
1.7

113.3
100.4

115.6
108.1

110.3
90.9

112.6
98.8

113.8
103.3

112.2
95.1

106.3
96.8

109.9
105.1

105.7
90.0

110.1
98.2

118.5
106.9

120.6
100.0

39

4.6

121.2

128.0

127.8

128.9

134.7

132.9

118.7

124.1

122.7

124.7

138.0

138.4

832.5
765.4
85.3

111.4
112.2
107.3

112.7
113.1
111.0

111.0
112.0
111.5

111.8
112.8
112.3

112.4
112.8
116.4

111.7
112.4
112.2

107.5
107.7
105.1

110.3
110.8
115.5

109.5
110.3
111.7

111.0
112.4
111.3

114.6
115.1
115.3

113.2
113.7
115.8

Petroleum products

Miscellaneous manufactures
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, Hie 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 teen constructed from 255 individual series based on the
1987 Standard Industrial Classification (SIC). These individual series are classified
and grouped in two ways: (I) 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 nonindusirial 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. Hie 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 *V in
tables.) After the fourth month, indexes are not revised further until the time of an
annual revision or a benchmark revision. The last three benchmark revisions were
published in 1990,1985, and 1976. In 1993, a revision that converted the indexes to
the 1987 SIC from 1987 forward was published.
Source data. In annual or benchmark revisions, the individual IP indexes are
constructed from a variety of source data, such as the quinquennial Censuses of
Manufactures and Mineral Industries and the Annual Survey of Manufactures,
prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the
Bureau of Mines; and publications of the Department of Energy. On a monthly basis,
the individual indexes of industrial production are constructed from two main types
of source data: (1) output measured in physical units and (2) data on inputs to the
production process, from which output is inferred. Data on physical products, such as
tons of steel or barrels of oil, are obtained from private trade associations as well as
from government agencies including those listed above; data of this type are used to
estimate monthly IP where possible and appropriate. When suitable data on physical
product are unavailable, estimates of output are based on either production-worker
hours or electric power use by industry. Data on hours worked by production workers
are collected in the monthly establishment survey conducted by the Bureau of Labor
Statistics. The data on electric power use are described below. The factors used to
convert inputs into estimates of production are based on historical relationships
between the inputs and the comprehensive data used to benchmark the IP indexes;
these factors also may be influenced by technological or cyclical developments.
Especially for the first and second estimates for a given month, the available source
data are limited and subject to revision.
Weights. In the index, series that measure the output of an individual industry are
weighted according to their proportion in the total value-added output of all
industries. The industrial production index, which extends back to 1919, is built in
chronological segments that are linked together to form a continuous index
expressed as a percentage of output in a comparison base year (currently 1987). Each
segment, which usually spans five years, is a Laspeyres quantity index showing
changes in quantities with prices (Census value added per unit of output) held at
base-year values for the segment. For the period from 1987 to the present, IP is
aggregated on the basis of 1987 value-added weights. Hie 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-11 ARIMA
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 - l l ARIMA. The seasonally adjusted total index is calculated by
aggregating the seasonally adjusted major market groups, and may not precisely
equal an aggregation of the seasonally adjusted industry groups.




18

Reliability. The average revision to the kyej 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 pej^sLdiaiigg 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), die 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—!986 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—]986 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 Resent 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. Hie
1994 revision to the index was described in the Federal Reserve Bulletin, vol. 80
(March 1994), pp. 220-6.
ElectricPower
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.