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FEDERAL RESERVE statistical release For release at 9:15 a,m. (EDT) September 16,1997 G.17 (419) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Industrial production increased 0.7 percent in August, with widespread gains in manufacturing. In addition, output growth in My was revised up 0.2 percentage point to 0.4 percent. The upward revision in July was largely the result of higher manufacturing output—especially ndndurables. At 121.3 percent of its 1992 average, industrial production in August was 4.7 percent higher than in August 1996. The rate of industrial capacity utilization rose to 83.9 percent—its highest rate since September 1995. The acceleration in industrial production between July and August was concentrated in manufacturing; much of it was related to the 10 percent jump in the assembly of autos and light trucks, which had dropped 5 percent from June to July. Excluding motor vehicles and parts, manufacturing production rose 0.7 percent in August, as it had in July, with large increases in the output of commercial aircraft, computers, semiconductors, and primary metals. Output at mines, however, declined 0.9 percent, and that at utilities fell 1.1 percent. (over) INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted f I Index, 1992=100 1997 Mayr June r July1" I 119.5 119.3 119.9 119.6 120.4 119.8 | 115.9 112.6 136.1 120.6 125.2 116.1 112.5 137.5 120.3 125.9 121.0 132.7 108.7 108.1 112.4 121.6 134.1 108.4 107.4 112.1 Industrial Production Total index Previous estimates MaiomarM^fluea. Products, total Consumer goods Business equipment Construction supplies Materials MfrjQr industry gr<?gp$: Manufacturing Durable Nondurable Mining Utilities Capacity Utilisation Total industry Previous estimates Manufacturing Advanced processing Primary processing Mining Utilities Percent chariae 1997 JAug. 96 to Aug.P [ Aug. 97 Mayr June r Julyr 121.3 .1 .0 .3 .3 .4 .2 .7 116.3 112.8 139.0 118.8 127.0 117.2 113.5 141.7 119.2 127.8 •4 •4 .4 .4 -.2 .2 -.1 1.0 -.2 .6 .2 .3 1.1 -1.2 .9 .8 .6 1.9 .4 .7 122.2 134.7 109.0 106.8 112.7 123.4 136.8 I 109.3 105.8 111.4 •1 .4 1.0 -.3 -.6 -.3 .5 .4 .6 -.5 .5 1.0 1.6 .3 -.9 -1.1 Aug.P I .3 .0 1.9 -1.0 Percent o1 capacity 1996 1997 1988-89 High Mayr Aua^ Average r 1967-96 1982 Low 82.1 71.1 85.3 83.2 81.2 80.6 82.3 87.5 87.2 69.0 70.4 66.2 80.3 75.9 85.7 84.2 88.9 86.8 92.6 82.3 80.4 ! 86.5 91.9 88.5 4.7 i 4.4 3.1 11.0 .1 5.2 5.3 7.4 2.9 1.3 .5 Capacity growth Aug. 96 to Aug. 97 June r Julyr Aug.P 83.5 83.3 83.5 83.3 83.6 83.1 83.9 3.9 82.4 80.3 87.1 94.6 88.5 82.5 80.6 86.9 93.9 88.2 82.6 80.7 86.9 93.2 88.5 83.1 81.3 87.3 92.2 87.4 4.2 5.1 2.3 1.0 1.8 'ket Led by a 2.1 percent advance in the production of durable goods, the overall output of consumer goods grew 0.6 percent in August; the production of nondurable goods advanced 0.3 percent. The gain in consumer durables resulted from the sharp rebound in the output of motor vehicles, which more than offset noticeable declines in the production of appliances and most other consumer durables. Among nondurable consumer goods, the production of non-energy products increased for the second consecutive month, with advances in food and tobacco products and in household chemical and paper products. The output of consumer energy products was unchanged in August because a large gain in the output of automotive gasoline was nearly offset by a drop in residential electricity sales. The output of business equipment expanded at a 1.9 percent pace, marking a third straight month of sizable gains; this index has increased 11.0 percent since August 1996. While the growth in business equipment was led by solid gains in the output of business vehicles, it was also accompanied by further strong increases in information processing equipment, especially computers and related equipment, and by large gains in commercial aircraft and in farm machinery and equipment. Moreover, after several months of weakness, the production of industrial equipment rebounded with big increases in both July and August. The output of defense and space equipment rose 0.6 percent. After a drop of 1.2 percent in July, the output of construction supplies recovered partially with a 0.4 percent increase; nevertheless, the August index for this market group was just 0.1 percent above its August 1996 level. Meanwhile, the production of materials posted another sizable gain, led by a 1.5 percent increase in the output of durable goods materials; strong gains in the production of equipment parts, particularly semiconductors, and parts for consumer durables, especially motor vehicles, supplied much of the boost. Energy materials fell 0.9 percent, with noticeable declines in coal mining and electricity generation. The output of nondurable goods materials decreased 0.3 percent; a large gain in container output was more than offset by drops in the other major categories of materials. Industry Groups Manufacturing output increased 1.0 percent in August after a 0.5 percent increase in July; excluding motor vehicles and parts, production rose 0.7 percent for a second month. The gains in manufacturing output were largely concentrated in durable goods industries, which increased 1.6 percent. In addition to the gain in motor vehicles and parts, there were strong increases in furniture and fixtures, primary metals, fabricated metals, industrial machinery and computers, electrical machinery, aerospace, and instruments. The output of nondurable goods, which had been weak since the beginning of the year, rebounded 0.6 percent in July and gained another 0.3 percent in August. Only two nondurables industries— apparel and paper— had output losses, while tobacco, petroleum, rubber and plastic products, and leather had substantial gains. A large drop in coal mining largely accounted for the decline in mining output, and losses in electricity generation and sales reduced utility output. Led by a 7.3 percentage point increase in the operating rate at auto and light truck factories, the overall factory operating rate increased 0.5 percentage point, to 83.1 percent—its highest level since September 1995. Similarly, the utilization rate for advanced-processing industries increased 0.6 percentage point, to 81.3 percent—also its highest level since September 1995. The rate for primary-processing industries increased 0.4 percentage point, to 87.3 percent, about the same as its level in March. The operating rate at mines decreased 1.0 percentage point, to 92.2 percent, while the rate at utilities decreased 1.1 percentage points, to 87.4 percent. 2 Industrial Production and Capacity Utilization (August data, seasonally adjusted) Industrial production indexes Twelve-month percent change Twelve-month percent change Total industry -10 J . -10 L. 10 5 0 -5 -10 1992 1994 1996 1992 Total industry 1994 Manufacturing Ratio scale, 1992 production = 100 Ratio scale, 1992 production = 100 Percent of capacity 1985 1996 Percent of capacity 1990 1985 1995 3 1990 1995 Table 1A INDUSTRIAL PRODUCTION: MARKET GROUPS T • " W W W "••"«• IhdexTT 1996 IP Proportion1 ^^SeasonaHvAdiusted \~iwr Mar. Apr. 100.00 118.8 119.3 119.5 59.92 45.14 115.3 116.3 115.4 116.6 28.15 5.89 2.40 1.38 .67 .71 1.02 3.48 1.19 .55 .65 .78 1.51 22.26 18.77 9.72 1.89 4.40 2.76 3.49 1.06 2.43 112.1 131.0 131.7 138.9 123.3 163.8 119.7 130.4 183.6 137.5 238.9 111.6 109.9 107.4 107.5 108.7 94.2 114.9 102.3 107.5 108.5 106.8 17.00 13.81 5.68 1.55 4.49 2.30 1.13 1.33 2.31 .64 .23 m=m wmBKKR^lRkWM']M7tt\mttMnmR^M • ' •• AUQ.P nwr Mar. 119.9 120.4 121.3 115.9 117.1 116.1 117.5 116.3 117.2 117.9 119.1 112.1 126.9 124.4 127.1 116.0 146.1 118.0 128.6 179.0 128.3 241.4 108.6 110.0 108.3 107.6 107.8 94.4 117.2 102.6 113.0 110.1 114.1 112.6 128.4 126.4 130.0 117.7 150.5 118.8 129.7 181.1 126.1 249.8 111.7 109.6 108.6 107.8 107.6 94.8 118.0 103.4 113.5 111.9 114.0 112.5 130.5 128.4 132.6 114.9 159.5 120.1 131.8 186.9 134.5 251.2 114.2 109.6 108.0 107.5 107.0 94.3 117.3 104.5 111.6 111.8 111.2 112.8 129.1 122.9 123.5 118.0 135.8 118.8 133.3 193.2 137.9 261.7 110.3 111.6 108.7 108.2 107.9 94.0 118.0 105.3 112.2 110.4 112.7 113.5 111.2 131.8 133.5 130.5 136.1 137.7 146.9 125.7 127.2 158.3 170.0 118.7 119.8 132.5 131.5 193.8 186.0 135.8 145.1 266.5 233.0 111.2 111.5 109.4 110.9 109.0 105.8 108.6 i 103.5 108.2 103,4 94.0 92.3 118.3 109.3 106.2 103.1 112.2 119.6 112.9 103.8 111.6 126.9 109.9 133.5 137.4 148.5 132.7 167.1 120.6 130.6 181.4 140.7 228.6 112.6 110.9 104.2 104.5 104.8 93.0 109.8 104.2 102.3 108.0 99.6 109.3 113.8 130.4 134.3 133.2 135.1 143.7 143.5 128.8 122.8 161.2 167.8 117.3 121.6 128.4 133.6 179.7 192.6 127.9 138.7 243.3 258.3 107.4 116.2 109.9 109.3 104.2 108.7 106.0 111.2 105.4 111.0 95.7 99.1 114.3 122.9 103.1 103.7 94.0 94.9 112.6 113.5 85.3 86.1 111.8 118.2 116.3 131.8 100,7 130.6 83.4 137.0 79.0 123.6 88.5 152.7 116.4 119.6 127.1 132.5 188.0 191.5 126.9 119.3 266.2 287.5 106.4 115.0 103.8 108.3 110.2 114.6 110.9 116.4 109.0 116.6 93.5 98.4 128.9 131.5 104.2 107.1 105.9 104,3 111.3 113.2 103.4 100.1 123.5 134.3 153.6 349.9 127.5 113.1 | 118.3 j 125.1 75.6 | 153.4 160.9 124.3 135.5 155.1 358.6 130.3 110.1 110.0 128.8 75.2 152.5 168.0 124.9 136.1 156.5 366.5 129.3 112.1 111.7 128.2 75.6 154.2 166.4 126.3 137.5 159.6 376.6 129.0 118.5 112.0 129.2 76.1 161.4 163.1 126.7 139.0 161.5 388.9 131.1 114.3 110.6 129.2 74.9 149.6 166.3 128.7 141.7 163.3 402.5 133.4 119.2 116.8 131.1 75.3 146.8! 166.3| 123.2 134.4 150.5 339.7 128.6 116.7 123.4 126.5 75.9 140.4 163.0 124.0 135.5 151.2 341.7 128.6 119.5 128.5 128.8 75.5 140,8 176,2 124.5 136.2 153.9 359.5 128,7 118.2 123.0 128,1 75,1 143.6 170.2 128.6 141.2 162.8 391.3 132.3 118.9 121.2 132.1 75,6 150.4 176.5 124.2 136.3 167.1 414.1 129.0 100.0 79.2 120.4 73.5 148,8 150.8 131.0 144.6 170.0 429.6 134,9 117.9 117.8 134.6 74.3 150.9 181.3 14.78 5.72 9.06 112.1 121.8 106.5 112.0 120.1 107.2 112.2 120.6 107.3 111.7 120.3 106.6 111.3 111.5 118.8 119.2 106.9 106.9 109.1 116.7 104.6 109,2 109,6 119,7 121,5 1Q3.0 102,7 114.5 126.5 107.5 114.5 121.5 110.4 117.0 124.7 112.4 40.08 124.5 125.5 125.2 125.9 127,0 127,8 125.7 125.9 125,0 128.0 123.8 129.0 23.04 4.34 8.63 10.08 3.33 8.92 .96 1.61 4.39 1.96 8.12 5.22 2.90 140.2 129.8 175.6 120.0 116.4 110.6 ! 104.9 113.8 111.2 108.4 103.5 102.3 105.9 141.7 130.5 178.1 121.0 116.7 111.3 109.5 114.4 111.7 107.8 103,8 101.7 107.6 141.7 127.2 160.4 121.0 118.4 109.8 105.4 114.8 109.7 107.4 104.1 102.5 107.0 143.3 130.2 183.2 121.2 118.8 109.9 107.7 111.1 109.6 109.7 103.6 101.7 107,1 144.4 129.8 186.7 121.4 117.7 111.1 108.5 116.2 110.7 108,3 104.4 103.5 106,2 142.0 138.4 176.1 119.8 118.6 110.8 107.0 113.9 111.8 107.1 104.4 103.5 106.1 142.5 136.7 177.1 121.0 119.2 113.9 113.5 115.2 114.6 110.5 100,9 100,1 102.6 142.4 133.1 178.8 120.9 118.8 109.9 110.0 113.6 110.3 105.3 101,7 101.4 102,2 146.4 138.6 184.4 123.3 119.2 111.4 109.9 112.9 110.8 111.2 104.1 103.1 106.0 138.6 107.4 184.3 120.3 114.0 109.0 99.9 114,2 110.0 106.0 105.5 103.0 110,1 147.7 134.2 189.3 124,8 117,8 111,5 110,4 116.6 110.1 110.4 105.2 102.3 110,6 Total excluding: Autos and trucks Motor vehicles and parts Computers Computers and semiconductors 97.48 95.20 97.55 93.68 118.5 118.3 116.0 112.1 119.3 119.0 116.4 112.4 119.4 119,3 116.5 112,4 119.8 119.5 116.8 112,6 120.4 121.1 120,2 120.8 117.3 118.0 118.0 117.5 115.8 113.51 111.8 117.8 117.3 115.6 111.6 117.5 117.2 115.1 111,0 121.6 121.1 118.7 114.5 119.8 120.3 115,6 111.3 124,2 123.9 120.8 11 §.4 Consumer goods excluding: Autos and trucks Energy 26.76 24.65 110.7 112.7 111.1 111,9 111.5 112.4 111.3 112.6 112.0 112.2 112,9 113,7 109.4 110.0 107.9 107.6 110.8 111.4 112.2 116,3 112.5 112.5 117.0 120.0 Business equipment excluding: Autos and trucks Computer and office equipment 12.67 12.26 135.9 120.7 138.0 121.5 138.5 121.7 140.1 122.7 141.9 144.2 123.7 125.8 135.5 121.3 136.2 137.5 122.4 122.1 143.2 125.7 142.0 119.8 147.3 127.5 Materials excluding: Energy 31.96 131.0 132.2 131.8 132.8 134.0 135.3 132.3 133.6 132.2 135.4 129.4 136.3 Item Total index Products, total Final products Consumer goods Durable Automotive products Autos and trucks Autos Trucks Auto parts and allied goods Other durable goods Appliances and electronics Appliances and air cond. Home electronics Carpeting and furniture Miscellaneous Nondurable Nonenergy Foods and tobacco Clothing Chemical products Paper products Energy products Fuete Utilities Equipment, total Business equipment Information processing & related Computer and office Industrial Transit Autos and trucks Other Defense and space equipment Oil and gas well drilling Manufactured homes Intermediate products Construction supplies Business supplies Materials Durable Consumer parts Equipment parts Other Basic metals Nondurable Textile Paper Chemical Other Energy Primary Converted fuel j Mavr Jiiner Julvr 146.6 132.3 190.0 122.8 120.0 110.7 107.9 115.5 110.1 109.0 103.4 102.3 105.7 Mavr Juner Julvr AUQ.P 118.5 118.4 118.0 121.9 119.0 124.4 114.0 115.6 113.6 113.6 115.1 114.9 118.1 119.2 115.9 116.4 121.4 122.9 Apr. SPECIAL AGGREGATES 112,0 1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. Table 1B INDUSTRIAL PRODUCTION: MARKET GROUPS Percent change I 1995Q4 to 1996 Q4 Item Seasonally adjusted annua r a t e — 1997 im Q3 — 04 ii _&L Seasonallvadiusted Q2r J Aug. 96 Nots 1§dyv«w May1* J U D i L ^kM~ Aug.P Mav r mr June* r Julv AUQ.P to Aug. 97 Total index 3.9 3.3 4.5 4.4 4.3 .1 .3 A .7 -.3 3.3 -2.4 4.5 4.7 Products, totai Final products 3.8 4.1 3.1 2.8 4.8 4.8 3.6 3.9 3.8 5.0 .4 .4 .2 .4 .2 .3 .8 1.0 .0 -.1 3.9 3.8 -1.8 -2.4 4.7 5.6 4.4 5.4 2.5 2.4 .9 •5 .8 2.6 5.9 11.4 12.7 13.1 -1.4 .3 7.1 6.2 8.5 -8.5 -7 .3 2.8 .8 -2.3 7.8 5.7 -12.4 -•2 -17.3 5.6 -5.0 -11.7 -20.9 -40.4 3.9 3.3 -.1 2.5 -14.7 19.0 -.1 -2.1 8.6 7.9 6.1 -.7 17.9 5.0 12.7 2.7 17.5 -.4 8.2 17.8 23.6 16.9 29.7 10.1 1.9 -.1 6.4 -5.1 -4.9 7.3 -2.6 -.4 2.9 -4.6 -2.8 -4.9 -13.8 -2.7 -18.3 2.1 -1.8 -12.8 -23.4 -17.3 -28.4 4.1 6.7 9.8 -2.8 21.0 13.0 1.3 3.1 .9 -2.5 2.0 4.0 7.4 16.4 18.8 15.4 •4 1.2 1.6 2.3 1.4 3.0 •7 .9 1.2 -.1 1.6 1.6 2.0 -2.4 6.0 1.1 1.6 3.2 6.7 .6 2.2 .0 -.5 -.3 -.5 -.5 -.6 1.1 -1.7 .0 -2.4 .3 .6 2.1 6.2 -.5 -1.7 -13.4 -25.5 -41.9 -35.7 •^7.2 -4.3 -4.9 -2.4 -8.5 3.1 -8.5 -5.0 1.4 -.2 -1.8 -5.6 4.9 .5 11.6 -1.9 20.0 5.7 3.1 2.9 1.4 -•7 -5.1 3.9 4.6 4.0 10.1 .8 18.6 •1 1.3 3.2 3.3 2.7 -1.5 6.2 4.3 2.6 4.9 1.5 .4 6.0 8.1 9.5 44.4 I -.1 22.2 8.9 6.4 1.8 -16.1 -2.0 3.4 5.6 7.5 22.1 1.1 6.2 -25.6 12.3 -6.9 2.5 -18.5 11.3 11.6 12.0 26.8 2.6 26.6 19.1 15.2 -6.1 84.7 8.3 9.8 9.1 14.4 31.7 5.3 1.1 -21.2 15.1 2.2 47.2 14.7 -1.0 1.1 1.0 2.0 2.8 -.2 1.2 .2 .7 .7 4.7 -1.9 3.0 5.7 1.3 4.1 9.3 .8 4.8 -.4 8.2 2.8 3.0 2.7 .1 2.4 -1.3 .2 .4 .1 -.5 -.2 -.6 -1.2 4.0 3.6 4.1 5.6 5.1 -.2 5.5 .8 3.9 -6.5 10.9 2.7 7.2 6.3 -1.8 9.1 10.7 -1.4 2.0 -1.1 7.9 7.6 5.2 18.0 .1 .5 6.2 -4.1 8.9 7.9 5.4 -.6 .6 -2.8 8.8 -3.8 19.9 4.7 7.2 .3 3.9 2.2 -2.9 4.7 •2 -.9 2.2 .1 2.5 4.5 •1 1.0 -1 2.8 6.2 2.2 10.6 4.2 5.2 4.2 8.2 7.3 6.4 -4.2 -4.1 -4.9 -2.8 Total excluding: Autos and trucks Motor vehicles and parts Computers Computers and semiconductors 4.0 4.2 3.1 2.6 3.1 3.3 2.4 1.9 5.3 5.6 4.0 3.5 4.0 4.0 3.9 2.7 Consumer goods excluding: Autos and trucks Energy 2.6 2.5 .2 2.8 7.2 4.6 Business equipment excluding: Autos and trucks Computer and office equipment 8.9 4.4 8.0 3.9 Materials excluding: Energy 4.7 5.6 Consumer goods Durable Automotive products Autos and trucks Autos Trucks Auto parts and allied goods Other durable goods Appliances and electronics Appliances and air cond. Home electronics Carpeting and furniture Miscellaneous Nondurable Nonenergy Foods and tobacco Clothing Chemical products Paper products Energy products Fuels Utilities -3.8 7.3 1.3 3.4 10.5 1.5 18.6 .3 -.7 2.5 2.5 2.3 -2.7 5.3 2.8 2.5 3.3 2.2 6.8 8.0 Equipment, totai Business equipment Information processing & related Computer and office Industrial Transit Autos and trucks Other Defense and space equipment Oil and gas well drilling Manufactured homes 10.8 38.9 ~-2 21.5 -1.9 3.6 -1.2 14.0 Intermediate products Construction supplies Business supplies Materials Durable Consumer parts Eaulpment parts 11.2 2.8 Basic metals Nondurable Textile Paper Chemical Other Energy Primary Converted fuel I 2.6 I 2.8 1.1 I -1.3 .3 .3 .3 .0 .2 .9 .0 2.3 1.3 -1.0 -14.4 4.1 2.9 1.4 -.1 -4.7 4.1 3.6 4.0 7.2 8.5 6.2 8.2 -.6 4.4 4.9 5.3 3.6 7.5 .6 .9 .7 1.0 .4 1.1 1.2 3.3 1.6 .7 1.6 •4 1.9 .5 1.1 1.8 3.5 I 5.2 1.8 .1 4.3 -1.0 5.7 -4.3 1.5 -.6 .6 -•5 -1.9 1.9 .0 -3.4 3.3 3.6 5.8 8.8 2.8 .6 -1.5 3.1 .6 4.8 3.7 -3.4 -3.5 2.7 5.8 -2.5 -15.9 -34.7 -8.8 -2.7 -1.1 -14.6 20.2 9.2 11.0 13.0 31.4 5.3 15.6 -3.3 12.9 -3.3 19.7 -.7 .3 .1 .4 .0 .4 1.5 -.4 4.5 4.2 4.7 .0 -4.0 2.7 2.1 2.7 1.8 1.4 .1 2.2 .6 .9 .7 -.7 2.4 -3.3 4.2 5.2 .8 -.3 1.9 .2 -.9 1.1 .7 4.5 1.0 1.5 1.9 1.8 1.2 1.9 -.3 -.6 -.6 -.5 .6 -.1 -2.6 1.0 .0 -.4 -3.5 -3.1 -1.4 -3.8 -4.7 .7 1.3 -.4 2.8 4.1 3.1 2.0 .4 1.3 -.1 -.6 .5 5.6 2.4 1.6 3.8 -5.3 -22.5 -.1 -2.5 -4.4 -2.1 -9.1 1.2 -.7 -4.7 1.4 .0 3.8 6.6 | 24.9 -.5 .3 .8 -.6 1.1 2.3 1.5 .1 .3 .0 2.2 -3.2 -.1 2.2 -.5 -.8 .1 2.1 .0 4.2 -•2 -•7 .5 7.6 -1.2 17.5 3.1 5.6 3.9 .4 6.8 3.7 4.1 -.5 -.9 .3 5.1 5.3 3.6 2.4 .1 .2 .1 .0 .3 .2 .3 .1 .6 .6 .4 .2 .5 .5 •7 -.2 -.1 -.5 -.5 3.4 3.3 3.1 3.1 -1.5 -.6 -2.6 -2.8 3.7 3.0 4.6 4.6 4.9 5.0 4.0 3.0 -1.5 1.6 3.6 •2 .4 .4 -.2 .1 .6 .3 •2 .7 -.3 .5 4.3 4.4 .3 -3.3 4.0 6.7 3.4 3.2 9.1 3.6 11.0 9.6 12.2 6.2 .3 .2 1.1 .8 1.3 .8 1.6 1.7 .9 -.2 4.1 2.9 -.8 -4.7 3.7 6.5 12.3 8.4 4.6 7.2 6.4 -.3 .8 .9 1.0 -1.0 2.4 -4.4 5.4 I -1.7 3.5 2.8 -.4 .3 .2 -.2 •4 .6 .8 •4 1.6 -.1 •4 •4 .9 2.2 -7 1.8 1.6 -.4 •4 1.1 -2.6 1.3 .0 1.4 -1.3 -3.8 .4 -1.8 -1.1 -4.3 -6.9 11.5 2.7 6.5 -14.9 -1.1 16.6 1.1 3.4 2.5 4.2 -3.4 1.8 .7 .7 .9 -.4 .7 .7 .5 -1.3 .0 -1.6 -7.3 1.9 -.3 -1.3 .8 1.7 -.9 -2.3 -3.0 -3.2 -2.9 -3.6 -2.7 -1.7 .0 -.6 .3 -.9 -1.5 -9.1 1.8 .9 6.5 -4.6 -.8 .0 1.4 •7 2.9 4.1 -1.9 -1.0 -8.1 4.3 -.91 -1.2 -.4 13.3 29.8 64.3 56.5 72.4 2.7 4.3 1.8 -6.0 8.0 8.1 4.3 4.0 4.9 7.0 5.3 2.0 2.8 -1.5 1.7 -3.2 5.5 6.1 1.7 3.7 4.6 17.8 48.8 11.7 1.0 1.4 2.7 3.7 3.3 2.3 10.5 SP1CIAL AQGR5GATES Note—Percent changes shown In the first and last columns are based on seasonally adjusted data. 5 i 6.6 Table 2A INDUSTRIAL PRODUCTION: INDUSTRY GROUPS Jia^njjiyA^yiji^: index. l992=flKT 1996 IP PrppQrtion1 TSS7" Mar. Apr. Mavr Juner Julvr AUQ.P 100.00 118.8 119.3 119.5 119.9 120.4 121.3 86.34 120.6 120.9 121.0 121.6 122.2 Primary processing Advanced processing 27.72 58.62 115.6 123.0 115.6 123.5 115.8 123.6 115.7 124.5 Durable Lumber and products 24 Furniture and fixtures 25 Stone, clay, and glass products 32 46.79 2.06 1.30 2.12 131.7 113.3 111.0 113.5 132.3 113.6 112.7 113.8 132.7 114.0 113.9 112.8 Primary metals 33 Iron and steel 331,2 Raw steel Nonferrous 333-6,9 Fabricated metal products 34 Industrial machinery and equipment 35 Computer and office equip. 357 Electrical machinery 36 Semiconductors 3672-9 3.52 1.88 .09 1.64 5.28 121.3 118.7 114.2 124.2 120.4 120.2 119.3 115.5 121.3 120.8 9.51 2.45 8.58 3.87 167.4 354.7 175.2 302.7 Transportation equipment Motor vehicles and parts Autos and light trucks Aerospace and misc. Instruments Miscellaneous 372-6,9 38 39 8.41 4.80 2.29 3.62 4.72 1.29 20 21 22 23 26 Mavr Juner Julvr AuqTP 118.5 118.4 118.0 121.9 119.0 124.4 123.4 119.6 120.7 120.6 124.7 120.5 126.9 116.0 125.2 116.7 126.7 114.8 122.0 116.5 122.7 115.8 123.0 118.0 127.9 114.2 123.5 118.3 131.2 134.1 114.3 114.5 113.2 134.7 113.4 113.3 113.6 136.8 113.6 114.3 113.9 132.7 111.4 109.7 110.2 133.4 114.0 110.3 113.7 133.2 112.6 110.7 114.0 137.3 117.9 115.4 117.2 129.8 111.7 112.3 114.5 138.5 117.9 121.8 118.7 123.4 123.6 115.8 123.1 121.1 123.4 120.3 115.1 126.9 120.7 122.0 120.8 115.4 123.3 121.0 124.7 123.3 118.5 126.3 121.8 123.3 121.0 117.3 126.0 119.6 124.6 124.9 119.1 124.2 118.3 124.2 124.1 115.7 124.2 119.8 123.9 121.4 115.1 126.8 122.8 116.4 116.4 110.6 116.4 120,0 122.0 119.8 114.4 124.6 124,9 171.3 363.8 176.7 308.1 170.5 371.8 178.1 312.8 171.9 382.0 181.7 321.2 175.3 394.4 185.5 331.8 178.4 408.2 187.4 339.5 169.1 344.4 175.0 304.9 170.2 346.6 175.5 307.0 170.3 364.7 176.4 310.8 177.8 396.9 183.0 323.1 174.6 420.1 182.7 325.5 181.5 435.8 187.7 336.0 111.9 128.9 129.5 94.8 104.7 116.3 110.6 125.3 119.1 95.5 104.4 116.9 110.2 123.7 121.6 96.4 105.2 117.0 112.8 127.6 123.1 97.7 105.8 117.5 111.3 123.1 116.9 98.9 105.3 118.8 115.7 130.8 129.1 100.3 106.1 118.5 117,1 138.9 136.9 95.7 103.4 115.7 118.2 140.2 139.2 96.5 103.1 116.0 115.8 134.8 134.8 96.9 103.6 116.3 118.4 138.7 133.5 98.3 107.3 117.8 93.8 87.8 79,1 97.2 106.8 113,6 115.8 132.9 128.7 98,5 108,3 118,9 39.55 9.37 1.16 1.57 1.80 3.29 108.7 109.2 106.9 108.2 96.3 112.1 108.7 108.3 105.5 108.6 96.1 112.2 108.7 108.1 104.2 107.3 96.4 112.8 108.4 107.9 102.8 109.0 96.6 111.4 109.0 108.6 104.2 108.8 96.1 114.7 109.3 108.7 106.0 108.8 95.2 114.3 105.9 103.7 105.8 107.1 95.5 111.8 107.4 104.6 108.6 113.3 94.5 114,4 107.3 106.0 100,3 110.7 96.3 110.8 111.3 110.2 114.5 115,5 98,7 112,9 110.4 110.9 89.3 104.6 94.1 112.6 114.6 115.7 116.9 112.8 98.3 11 §,5 27 28 29 30 31 6.44 10.17 1.75 3.78 .20 99.7 112.0 108.1 124.0 78.4 99.6 113.3 110.7 122.3 78.8 99.8 112.7 112.1 123.4 77.0 99.3 112,3 111.3 124.0 75.5 99.5 113.2 110.1 123.7 74.9 100,0 113.2 111.4 125.3 75.6 96.8 109.9 101.9 123.9 78.0 97,4 111.7 107.6 122.8 78.5 96.8 111.7 113.6 123.2 77.0 101,1 115.7 116.0 126.2 77,6 103.8 117.5 115.0 119.9 71.0 106,5 119,0 116.1 126,1 77.0 10 12 13 14 5.59 .42 .87 3.71 .60 107.5 104.8 105.2 105.4 128.8 106.0 103.5 104.1 104.5 122.3 108.1 104.2 115.9 105.0 121.3 107.4 105.6 107.4 105.5 123.0 106.8 104.3 114.1 103.8 118.9 105.8 104.3 109.8 103.3 119.1 105.1 104.8 112.2 103.7 104.3 105.0 102.7 103.9 103.3 121.2 107.3 104.8 109.9 103.5 133.1 107.9 108.7 106.9 103.6 140.0 106.1 105.3 104.3 102.6 135.9 107.6 105.3 111.6 102.7 139.0 8.07 6.26 1.81 109.9 110.3 108.7 113.6 113.6 113.2 112.4 110.5 119.0 112.1 111.1 115.6 112.7 112.6 112.7 111.4 111.0 112.7 117.2 106.3 155,2 104.1 101.5 112.6 99.1 491,3pt 492,3pt 102.6 86.6 103.8 114.7 65.6 112.9 127.2 63.0 110.4 . 124.3 61.9 81.54 83,89 80.02 120.0 117.3 112.7 120,6 117.5 112.8 120.8 117.6 112.8 121.2 118,0 113.1 122.1 118.5 113.4 122.9 119.6 114.3 118.5 116.5 111.8 119.6 117.5 112.9 119.8 117.2 112.5 123.8 121.0 116.0 122.1 116.5 111,5 126.5 122s8 117.7 12.3 6.1 6.2 5.9 0.3 11,3 5.7 5.6 5.3 0.3 11,5 5.8 5.7 5.4 0.3 11,7 5.7 6.0 5.8 0.3 11.0 5.8 5,2 4.9 0,3 12.3 6.1 6.2 6.0 0.3 12.4 6.1 6.2 6.0 0.3 13.1 6.7 6.5 6.1 0.3 12.7 6.5 6.2 5.9 0.3 12.0 5.9 6.2 5.9 0.3 7.8 4.1 3.6 3.4 0.3 11.7 5.8 5.8 5.6 0.3 -SIC Total index Manufacturing 37 371 Nondurable Foods Tobacco products Textile mill products Apparel products Paper and products Printing and publishing Chemicals and products Petroleum products Rubber and plastics products Leather and products Mining Metal mining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas JB^mal&afflMgigfl, Apr. Item SPECIAL AGGREGATES Manufacturing excluding: Motor vehicles and parts Computer and office equipment Computers and semiconductors Memo: Motor vehicle assemblies2 Total Autos Trucks Light Heavy and medium 1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth In the following year. 2, Millions of units at an annual rate. Note—Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers, petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. 6 Table 2B INDUSTRIAL PRODUCTION: INDUSTRY GROUPS Percent change [ Seasonallyadjusted annual rate 1997 Q3 Q4 Q1 _ Q 2 L 1995 Q4 to 1996Q4 im~ Total index 3.9 3.3 4.5 4.4 Manufacturing 4.1 5.0 4.3 2.9 4.8 5.4 4.8 5.7 2.7 2.5 1.9 ifem June Julv Aua.P raf Mav June " Julv 4.3 .1 .3 .4 .7 -.3 3.3 -2.4 4.5 4.7 5.3 4.1 .1 .4 .5 1.0 -.1 3.4 -3.4 5.4 5.3 2.3 5.2 3.0 6.4 3.6 4.3 •2 .1 -.1 .7 .2 .6 .6 1.2 -.7 .2 2.0 4*1 -3.3 -3.4 3.6 6.2 3.2 6.3 6.0 -1.9 -2.7 11.8 2.8 -1.3 7.1 -5.0 8.2 4.2 -.5 4.9 7.5 10.0 12.8 1.3 .3 .3 1.1 -.9 1.0 .3 .5 .4 .4 -.7 -1.1 .3 1.6 .1 .9 .2 -.1 -1.2 .3 .3 3.1 4.8 4.3 2.8 -5.5 -5.3 -2.7 -2.3 6.8 5.6 8.5 3.6 7.4 1.9 5.1 1.8 3.7 2.4 -1.7 5.2 2.7 7.4 7.4 -.4 7.6 3.1 4.1 2.6 -7.9 6.0 .1 -.3 -1.1 6.8 .7 1.4 9.0 9.8 10.0 8.2 ! 3.8 2.6 3.6 •2 1.5 .2 .0 -2.6 -.6 3.1 -.3 -1.2 .4 .3 -2.8 .3 2.2 2.1 2.7 2.4 .7 -.3 -.6 -2.8 .0 1.3 -.2 -2.2 -.5 2.0 2.5 -6.0 -4.1 -3.9 -8.1 -2.3 4.8 2.9 3.4 7.0 4.1 5.4 4.3 4.3 6.6 2.0 10.0 37.4 7.1 16.0 11.6 43.0 5.6 15.3 6.8 22.1 6.7 17.8 12.3 25.9 12.3 33.4 12.6 31.9 16.5 31.0 -.5 2.2 .8 1.5 .8 2.8 2.0 2.7 1.9 3.3 2.1 3.3 1.8 3.5 .0 5.2 .5 1.2 4.4 8.8 3.7 4.0 -1.8 5.8 -.2 .7 3.9 3.7 2.7 3.2 11.8 31.3 13.9 29.3 6.5 -1.6 -.4 18.9 2.7 3.2 7.6 2.7 11.7 14.9 .3 1.9 -2.2 -15.2 -24.8 18.1 2.9 5.9 14.2 14.1 22.4 14.3 2.7 7.0 -2.1 -13.5 -22.4 13.7 3.6 2.0 -.3 -1.3 2.1 .9 .8 .1 2.3 3.1 1.2 1.3 .6 .4 -1.3 -3.5 -5.1 1.3 -.5 1.1 3.9 -2.0 6.3 -3.9 10.5 -3.2 1.4 .5 .8 ! .4 -.2 ! .3 2.2 2.9 -.9 1.4 3.6 1.3 -20.8 -36.7 -40.7 -1.1 -.5 -3.6 23.4 5.8 51.3 I -1.4 62.7 -1.4 1.3 15.9 1.5 3.1 4.9 4.7 20 21 22 23 26 2.3 2.1 2.6 .5 -2.8 1.7 3.7 .9 -4.5 5.4 -2.9 I 4.2 6.0 6.0 9.1 -1.8 -3.6 2.8 2.0 3.6 -1.5 -.9 -5.4 5.2 .0 -1.9 -5.7 4.5 1.2 3.4 .0 -.2 -1.2 -1.2 .3 .6 -.3 -.2 -1.3 1.5 .2 -1.3 .6 .7 1.3 -.2 -.6 3.0 .3 .1 1.7 .1 -.8 -.3 .0 1.3 -7.6 -2.2 1.9 -3.1 3.7 4.0 14.1 4.4 2.6 1.9 -.8 .6 -22.0 -9.4 -4.7 -.3 3.8 4.4 30.9 7.8 4.5 2.6 2.9 3.0 1.8 1.1 -3.3 5.7 27 28 29 30 31 .4 5.0 3.5 2.5 -4.7 3.8 6.9 2.4 7.8 -6.2 6.9 12.3 3.9 .3 -5.1 1.6 1.8 1.4 2.7 -2.6 -2.6 -.4 12.8 1.6! -4.8 .1 -.5 1.3 .9 -2.3 -.5 -.3 -.7 .4 -1.9 .2 .8 -1.1 -.2 -.9 .5 .0 1.2 1.2 1.0 -.6 .0 5.5 .3 -1.9 4.4 3.5 2.1 2.4 .8 2.7 1.6 -.8 -5.0 -8.5 2.6 1.2 1.0 5.2 8.3 2.1 4.1 3.4 2.7 -4.9 10 12 13 14 3.4 1.7 4.1 3.0 6.9 .8 14.5 -4.6 -.5 7.5 .5 2.7 9.6 -2.1 2.6 7.8 2.4 -5.6 11.7 9.0 5.4 -3.6 8.0 7.5 -4.7 1.9 .6 11.4 .4 -.8 -.6 1.4 -7.4 .5 1.4 -.5 -1.3 6.2 -1.6 -3.3 -.9i •1 -3.7 -.5 .1 2.1 2.0 5.8 .1 9.9 .6 3.7 -2.8 .2 5.2 -1.6 -3.1 -2.4 -1.0 -2.9 1.4 .0 7.0 .1 2.3 1.3 .3 .2 2.2 -2.1 491,3pt 492,3pt 1.4 .9 3.1 -12.0 -10.8 -16.1 9.5 5.9 23.1 -7.1 -3.4 -19.0 6.5 1.1 27.7 -1.0 -2.8 5.1 -.3 .6 -2.9 .5 1.4 -2.4 -1.1 -1.4 .0 -4.8 1.0 -23.0 4.8 11.8 -24.3 8.7 10.9 -4.0 -2.2 -2.3 -1.8 .5 -.4 3.9 4.5 3.3 2.7 5.1 4.0 3.4 5.6 3.8 3.1 4.8 4.7 3.4 5.2 3.2 1.9 .2 .1 .0 .3 .4 .2 .7 .4 .3 .9 .9 .1 -.3 -.3 3.4 3.2 3.1 -1.4 -3.7 -3.9 3.6 5.4 5.5 5.7 4.6 3.4 Sip Durable Lumber and products Furniture and fixtures Stone, clay, and glass products 24 25 32 Primary metals 33 Iron and steel 331,2 Raw steel Nonferrous 333-6,9 Fabricated metal products 34 Industrial machinery and equipment 35 Computer and office equip. 357 | Electrical machinery 36 Semiconductors 3672-9 37 371 372-6,9 ! 38 ! 39 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 Minina Metaimining Coal mining Oil and gas extraction Stone and earth minerals Utilities Electric Gas Aug. 96 to Aug 97 Mav _ Primary processing Advanced processing Transportation equipment Motor vehicles and parts Autos and light trucks Aerospace and misc. Instruments Miscellaneous Not seasonally adjusted Seasonally adjusted m?r ! ! | r r i.o 2.3 r 1 r Aua.P SPECIAL AGGREGATES Manufacturing excluding: Motor vehicles and parts Computer and office equipment Computers and semiconductors 1 l Note—Percent changes shown In the first and last columns are based on seasonally adjusted data. •H JBbm 3 CAPACITY UTILIZATION MANUFACTURING, MINING, AND UTILITIES Percent of capacity, seasonally adjusted "™»"™^^ ^^E^W*™^™ SIC Item 1996 Proportion rmrr 1996 Ave. 1973 High -rmr1980 High 1982 Low 87.3 TUggr ^msr 1989 1991 High Low 1996 Aug. 1997 Mar. Apr, Mavr June8" Julvf Aug.P 71.1 85.3 78.1 83.2 83.6 83.6 83.5 83.5 83.6 83.9 Total industry 100.00 82.1 89.2 Manufacturing 87.43 81.2 88.5 86.9 69.0 85.7 76.6 82.3 82.7 82.6 82.4 82,5 82.6 83.1 26.61 60.81 82.3 80.6 91.2 87.2 88.1 86.7 66.2 70.4 88.9 84.2 77.8 76.1 86.5 80.4 87.3 80.7 87.1 80.6 87.1 80.3 86.9 80,6 86.9 80.7 87.3 81.3 47.70 1.97 1.32 2.20 79.5 82.7 81.7 78.0 89.2 88.7 96.8 88.8 87.7 87.9 85.5 88.0 63.9 60.8 68.9 64.3 84.5 93.6 86.6 83.6 73.2 75.5 72.5 69.7 82.5 86.3 80.7 79.7 82.3 86.3 81.3 79.9 82.2 86.3 82.4 80,0 82.0 86.3 83.1 79.1 82.4 86.3 83.4 79.2 82.3 85.5 82.3 79.3 83.2 85.3 82.9 79.4 3.22 1.75 .08 1.46 .08 .10 80.8 80.6 80.6 81.3 74.1 88.5 100.2 105.8 102.7 90.8 93.4 95.7 94.2 95.8 95.8 91.1 81.5 97.6 45.1 37.0 35.2 60.1 42.1 58.6 92.7 95.2 92.7 89.3 86.3 100.4 73.7 71.8 71.5 74.2 73.6 97.3 91.2 89.6 92.3 93.2 77.6 85.8 91.5 87.7 91.5 96.3 93.5 86.4 90.5 87.9 92.0 93.7 94.8 86.3 92.5 90.8 91.7 94.8 90.3 85.7 92.3 88.2 90.6 97.5 101.3 86.3 91.0 88.3 90.3 94.5 99.4 85.9 92.7 89.8 92.2 96.5 86.3 84.8 84.2 83.8 83.8 84,? 90.5 92.9 82.0 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 24 25 32 33 331,2 333-6,9 3331 3334 34 5.18 78.2 87.8 83.9 63.7 82.0 72.2 84.1 84.2 35 357 36 8.92 2.37 8.77 I 81.5 81.5 81.1 96.0 90.9 89.2 93.2 92.6 89.4 64.0 65.5 71.6 85.4 86.9 84.0 72.4 66.9 75.1 88.8 87.8 80.1 90.0 87.6 79.8 88.7 87.0 79.4 38.5 87.0 80.0 89.3 87.3 80.8 90.0 87.9 80.6 37 371 75.7 76.4 86.1 93.4 372-6,9 38 39 9.77 5.56 2.49 4.22 4.98 1.36 75.3 81.9 75.3 78.4 89.9 82.9 84.8 95.0 94.6 81.9 92.7 79.4 57.2 45.5 40.6 66.6 78.4 65.4 85.8 89.1 92.2 87.3 81.4 79.0 75.2 68.5 I 73.9 55.9 | 75.4 I 72.3 53.3 81.4 79.7 79.2 72.0 79.1 77.2 79.3 80.5 71.7 78.1 79.8 74.1 70.2 73.2 79.5 80.2 80.1 73.8 69.2 74.6 80.0 80.9 80.0 75.4 71.3 75.3 80.9 81.3 80.3 74.3 68.7 71.4 81.7 80.9 81.0 77.1 73.0 78.7 82.6 81.5 20 22 23 26 261-3 27 39.73 9.48 1.60 1.99 3.17 1.26 6.55 83.4 I 83.0 85.5 81.1 89.3 92.4 85.9 87.8 86.0 91.4 84.2 97.1 97.2 89.7 87.5 84.6 91.2 87.5 96.1 98.3 93.9 76.4 79.1 72.3 77.5 80.6 82.0 82.0 87.3 85.4 90.4 85.1 93.5 98.0 91.7 80.7 82.7 77.7 75.5 85.0 89.9 79.6 82.0 80.4 82.7 75.3 88.0 91.7 80.5 83.1 82.3 82.4 73.4 90.6 93.0 82.2 83.0 81.5 827 73.2 90.6 92.6 82.2 82.9 81.3 81.7 73.5 91.1 92.7 82.4 82.6 81.0 82.9 73.6 89.8 90.6 82.0 82.9 81.4 82.7 73.2 92.4 94.5 82.2 82.7 28 Chemicals and products Plastics materials 2821 2823,4 Synthetic fibers 29 Petroleum products Rubber and plastics products 30 Leather and products 31 10.69 .78 .36 1.50 3.43 .24 79.6 86.6 85.1 86.3 84.9 81.2 87.6 102.0 93.8 96.7 95.5 81.3 84.6 90.9 98.6 90.0 91.2 92.1 69.9 63.4 64.4 66.8 72.7 75.8 86.2 97.0 99.7 88.5 89.6 83.3 79.3 74.8 77.6 85.1 77.4 76.1 78.1 94.9 87.6 94.8 92.1 71.1 79.0 93.0 88.5 94.9 92.6 70.9 79.6 93.3 95.0 97.0 91.1 71.5 79.0 92.5 83.3 98.2 91.6 70.0 78.6 92.0 82.6 97.4 91.8 68.8 78.9 78.8 91.6 96.2 91.4 68.4 97.3 92.3 69.2 10 12 13 138 14 5.29 .42 .85 3.50 .65 .52 87.5 78.5 86.9 88.5 72.8 85.4 94.3 89.6 91.0 96.9 93.0 95.0 96.0 87.9 99.4 97.3 104.3 92.7 80.3 44.4 76.6 82.3 50.9 63.3 86.8 89.4 91.5 86.6 60.6 89.1 86.1 79.9 83.4 87.5 I 53.7 79.4 91.9 87.6 88.7 92.5 82.9 96.7 94.3 88.1 84.5 96.5 104.9 101.1 92.9 87.0 83.5 95.5 103.6 95.8 94.6 87.5 92.9 95.8 104.1 94.9 93.9 88.6 86.0 96.1 108.2 96.0 93.2 87.4 91.3 94.4 99.7 92.7 92.2 87.3 87.8 93.8 97.2 92.6 491,3pt 492,3pt 7.28 5.59 1.69 87.2 89.1 82.4 96.2 99.0 94.1 89.1 88.2 93.7 75.9 78.9 69.1 92.6 95.0 85.0 83.4 87.1 67.1 88.5 90.2 82.5 86.3 88.1 32.2 89.6 90.6 85.6 88.5 88.0 90.0 88.2 88.4 87.3 88.5 89.4 85.2 87.4 88.0 85.1 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 Metafmlning Coai mining Oil and gas extraction Oil and gas well drilling Stone and earth minerals Utilities Electric Gas so:? 83.0 81.4 82.7 72.6 92.0 1. Series begins in 1977. Note—Primary processing manufacturing includes textile mill products, paper and products, Industrial chemicals, synthetic materials, and fertilizers, petroleum products, rubber and plastic products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. Table 4 INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES Item Percent chanae ° Annual rate I December to December | W 7 - 1967- 19751997 1975 1997 1996 Ave. Ave. 1993 1994 1995 1996 1997P Aua. Ave. SIC Capacity indexes P^rperitof1992outDut 1997 Mar. Aor. Mav June Julv Aua. Totai industry 2.8 3.8 2.4 1.8 2.9 3.4 3.7 4.0 139.2 142.2 142.7 143.2 143.6 144.1 144.6 Manufacturing 3.1 4.0 2.8 2.0 3.2 3.8 4.1 4.3 142.5 145.8 146.4 146.9 147.4 147.9 148.5 Primary processing Advanced processing 2.2 3.6 4.1 4.0 1.4 3.5 1.2 2.4 2.1 3.8 2.1 4.6 2.4 4.9 2.4 5.3 130.7 148.2 132.4 152.5 132.7 153.2 132.9 153.8 133.2 154.5 133.5 155.2 133.7 155.8 Durable Lumber §nd products 24 Furniture and fixtures 25 Stone, clay, and glass products 32 3.5 1.8 2.8 1.4 3.7 2.9 4.5 2.5 3.4 1.4 2.1 .9 2.6 .4 1.4 .1 4.2 2,6 1.4 1.0 5.7 2.1 1,3 1.3 6.2 2.9 2.4 2.3 6.6 3.2 2.3 2.4 154.5 160.1 ! 129.1 131.3 134.7 136.5 I 140.2 142.0 160.9 131.7 136.8 142.3 161.8 132.0 137.1 142.6 162.7 132.4 137.3 142.9 163.6 132.7 137.6 143.2 164.5 133.1 137.8 143.5 333-6,9 3331 3334 .3 -.4 -.8 1.5 .3 1.2 1.7 .7 .3 3.8 1.8 5.2 -.3 -.8 -1.2 .6 -.3 -.4 -.1 -.8 -4.3 .9 5,2 .5 1,5 3,1 1,4 -.4 -1,1 .0 1,8 1.8 3,3 1.8 2.5 .0 3.5 4.8 .9 1.9 -2.9 .0 3.5 3.6 6.6 3.4 .7 .0 129.8 131.9 123.1 127.1 128.4 103.7 132.5 135.3 124.8 129.0 126.7 103.7 132.9 135.7 125.5 129.4 126.9 103.7 133.3 136.0 126.3 129.8 127.0 103.7 133.7 136.4 127.0 130.2 127.1 103.7 134.1 136.8 127.8 130.5 127.2 103.7 134.5 137.2 128.5 130.9 127.3 103.7 34 1.6 3.1 1.1 1.6 1.4 2.8 2.9 2.7 140.8 143.1 143.4 143.7 144.0 144.3 144.7 35 357 36 5.3 20.4 7.4 4.7 12.0 5.9 5.6 24.0 8.1 4.8 19.4 8.3 6.5 23.1 12,0 9.2 29.5 17,0 11.6 36.7 16,5 12.8 39,8 15,5 2.6 3.3 3.0 4.4 2.4 2.8 372-6,9 38 39 1.5 4-5 2,1 1.1 7.6 4.4 1.6 3.2 1.2 •7 3.0 -.2 -2.0 .5 1.5 3.2 7.9 6.2 -2.1 .1 1.4 2.8 7,1 5.7 -2.6 .0 1.4 1,1 3,0 1.5 -1.4 .0 1.4 1.9 1.3 2.2 2.5 .5 1.7 147.9 176.1 160.9 120.2 129.9 144.5 148.9 178.4 162.5 119.9 130.0 145.8 149.1 178.6 162.8 120.2 130.1 146.0 149.4 178.7 163.1 120.5 130.1 146.2 149.6 178.9 163.4 120.8 130.2 146.4 149.9 179.1 163.7 121.1 130.2 146.6 150.2 179.3 164.1 121.4 130.3 146.8 20 22 23 26 261-3 27 2.7 2.4 2.2 1.2 2.7 2.4 2.5 4.3 3.0 4.4 2.3 3.9 2.9 3.0 2.0 2.1 1.3 .7 2.2 2.2 2.3 1.3 1.8 2.5 .5 2.3 1.8 -.9 1.9 2.0 3.7 .4 1.4 1.9 .0 1.6 2.1 4.1 3.2 2.0 3.0 -,2 1.7 1.9 2.3 1.1 1.5 2.2 -.6 1.6 1.8 .5 .0 1.0 1.6 -.7 129.6 i 130.8 131.2 132.6 130.1 131.3 130.8 131.3 122.9 123.7 119.0 120.3 121.7 121.3 130.9 132.8 131.4 131.2 123.8 120.4 121.2 131.1 133.0 131.4 131.2 123.9 120.6 121.1 131.3 133.2 131.5 131.2 124.0 120.7 121.1 131.5 133.4 131.5 131.2 124.1 120.9 121.0 131.6 133.6 131.6 131.2 124.2 121.1 120.9 Chemicals and products 28 Plastics materials 2821 Synthetic fibers 2823,4 Petroleum products 29 Rubber and plastics products 30 Leather and products 31 3.7 6.5 3M 1.5 5.1 -3 T 2 6.8 12.7 9.7 4.2 8.4 -1.5 2.5 4.1 1.6 .4 3.8 -3.8 2.1 -1.6 .8 -.5 3.2 -2.1 3.0 7.5 1.2 2.1 4.4 -1.7 2.0 5.4 -.2 -.5 2.0 -1.9 3.6 7.1 1.3 .4 1.6 -1.4 3.3 5.8 4.3 1.0 2.9 -2.8 139.2 131.8 121.6 113.7 132.4 111.8 141.8 136.8 123.0 114.0 134.0 110.5 142.2 137.4 123.5 114.1 134.3 110.3 142.6 138.1 124.0 114.2 134.7 110.0 143.0 138.7 124.5 114.3 135.0 109.7 143.3 139.4 125.0 114.4 135.4 109.5 143.7 140.0 125.5 114.5 135.7 109.2 10 12 13 138 14 .1 1.3 2.3 -.6 .4 1.1 -.1 .5 2.4 -1.0 .8 2.6 .2 1.6 2.3 -.4 .3 .5 -.5 1.6 1.6 -1.6 -6.7 1,7 .8 -1.8 4.5 .0 -.9 1.0 -.6 1.2 -1.4 -.9 -2.2 1.9 -.3 1.0 1.1 -1.0 -4.2 1.9 1.6 1.0 1.3 1.6 6.3 2.3 113.7 118.7 123.6 109.3 147.9 125.8 113.9 119.0 124.5 109.2 146.3 127.4 114.1 119.1 124.6 109.4 147.2 127.6 114.3 119.1 124.7 109.6 148.2 127.9 114.4 119.2 124.9 109.8 149.1 128.1 114.6 119.3 125.0 110.0 150.1 128.3 114.8 119.5 125.1 110.1 151.0 128.6 491,3pt 492,3pt 2.8 3.9 .3 6.1 7.8 2.3 1.5 2.3 -.5 .8 1.3 .2 1.2 1.0 .4 1.9 2.4 .5 2.1 2.6 .8 125.2 126.6 1.5 1.7 I 123.6 I 125.2 .5 131.6 132.1 126.8 125.4 132.2 127.0 125.6 132.3 127.1 125.8 132.3 127.3 125.9 132.4 127.4 126.1 132.4 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 Metalmlning Coalmining OH and gas extraction lOil and gas well drilling Stone and earth minerals Utilities Electric Gas 33 331,2 37 371 | p. Preliminary estimate for current year. 1. Series begins In 1977. 176.3 188.4 190.3 192.3 194.3 196,2 198.1 334.6 403.8 415.3 427.1 439.3 451.7 464.6 200.6 218.9 221.5 224.2 227.0 229.6 232.4 Table 5A INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA Seasonally adjusted Q1 Q2 Q3 Q4 1.3 .3 -.5 .6 .5 .3 .7 .4 3.0 2.0 4.3 3.1 3.8 2.8 -1.7 6.7 3.0 .5 .3 .7 5.6 3.8 -4.4 1.4 6.5 6.9 3.6 .0 .2 .1 -.4 -.2 .0 -.5 -.1 .8 .3 .6 -1.3 -.1 .6 .5 .6 1.9 -8.2 1.1 3.7 6.2 .8 1.3 6.7 .8 6.7 6.3 2.2 1.7 4.4 -5.7 1.1 5.6 5.8 5.6 .0 .0 .4 .8 .3 .7 -.4 .2 .2 .8 3.9 1.6 4.4 -.7 6.2 4.3 3.2 3.3 .8 4.5 88.0 88.2 93.1 96.8 99.3 87.6 88.5 93.7 97.4 98.3 88.1 88.7 93.8 98.0 98.7 88.6 88.7 93.7 97.6 98.5 87.9 89.5 94.9 97.9 98.1 88.4 89.9 95.2 98.6 98.5 89.0 90.7 95.8 99.1 98.9 87.4 88.8 91.0 96.0 99.5 88.0 88.5 92.5 96.8 99.6 88.1 68.6 93.7 97.7 98.5 88.4 90.0 95.3 98.5 98.5 99.3 96.0 99.3 97.2 99.2 97.2 99.4 97.4 99.5 98.3 100.5 103.9 109.3 99.0 97.7 98.1 101.9 104.6 110.6 97.1 98.2 101.3 104.1 109.9 97.4 99.0 95.8 99.2 96.2 99.4 97.6 97.9 97.9 101.9 105.4 111.6 98.2 102.6 106.3 99.8 102.8 108.0 100.3 103.3 109.2 101.7 104.7 110.7 Feb. Mar. Apr. May 1985 1986 1987 1988 1989 -.7 1.2 .3 -.8 .3 - 1 .0 A .0 .9 .2 .8 .4 .6 .3 .2 -.2 .4 .1 -.6 1990 1991 1992 1993 1994 .5 -.8 .7 .5 .5 .5 -.9 .8 A .7 -.6 .3 .7 .3 .4 .4 .8 .4 -.6 .6 .1 1. 1995 1996 1997 -.2 1.3 .5 .1 -.5 .4 -.3 .9 .4 .1 .4 .1 87.8 88.0 91.5 96.2 99.8 88.0 88.7 91.9 96.7 100.1 98.9 Jan. Year June July Aug. -.4 .3 .6 .7 -1.0 .6 .3 .1 .5 .4 -.1 .1 .7 .3 .5 .2 A .: 88.2 88.5 92.3 96.8 99.5 Sept. Oct. Nov. -.9 .9 Dec. Industrial Production, Percent Change1 .: Industrial Production 1985 1986 1987 1988 1989 86.9 89.6 90.2 95.8 99.7 87.6 88.9 91.2 96.1 98.9 1990 1991 1992 1993 1994 98.5 96.7 97.5 99.0 95.9 98.1 99.4 95.0 98.9 95.3 99.6 102.3 105.7 102.8 106.2 102.8 107.0 103.2 107.4 100.0 102.6 108.1 99.7 102.8 108.6 100.4 103.1 109.1 100.1 102.8 109.2 1995 1996 1997 111.9 112.4 117.8 111.6 113.8 118.4 111.7 113.2 118.8 111.4 114.3 119.3 111.5 114.8 119.5 111.7 115.5 119.9 111.7 115.5 120.4 112.6 115.8 121.3 113.0 116.0 112.5 116.2 112.7 117.2 112.8 117.7 111.8 113.1 118.3 111.6 114.8 119.6 112.4 115.8 112.7 117.0 Capacity 1985 1986 1987 1988 1989 108.7 112.2 113.9 115.3 116.8 109.0 112.3 114.0 115.5 117.0 109.2 112.5 114.1 115.6 117.2 109.5 112.7 114.3 115.7 117.4 109.8 112.8 114.4 115.8 117.6 110.1 113.0 114.5 115.9 117.8 110.4 113.1 114.6 116.0 118.0 110.7 113.3 114.7 116.2 118.2 111.0 113.4 114.8 116.3 118.4 111.3 113.5 115.0 116.4 118.6 111.6 113.7 115.1 116.5 118.8 111.9 | 109.0 113.8 112.3 115.2 114.0 116.7 115.5 119.0 117.0 109.8 112.8 114.4 115.8 117.6 110.7 113.3 114.7 116.2 118.2 111.6 113.7 115.1 116.5 118.8 1990 1991 1992 1993 1994 119.2 121.4 123.3 125.7 128.0 119.3 121.5 123.6 125.8 128.3 119.5 121.7 123.8 126.0 128.6 119.7 121.9 124.0 126.2 128.9 119.9 122.0 124.2 126.4 129.2 120.0 122.2 124.4 126.6 129.5 120.2 122.4 124.6 126.7 129.8 120.4 122.5 124.7 126.9 130.1 120.6 122.7 124.9 127.1 130.5 120.8 122.8 125.1 127.3 130.8 121.0 123.0 125.3 127.5 131.1 121.2 123.2 125.5 127.7 131.4 119.3 121.5 123.6 125.8 128.3 119.9 122.0 124.2 126.4 129.2 120.4 122.5 124.7 126.9 130.1 121.0 120.1 123.0 S 122.3 124.4 125.3 126.7 127.5 129.7 131.1 1995 1996 1997 131.8 136.3 ! 141.3 132.1 136.7 141.8 132.5 137.1 142.2 132.8 137.5 142.7 133.2 137.9 143.2 133.6 138.4 143.6 134.0 138.8 144.1 134.3 139.2 144.6 134.7 139.6 135.1 140.0 135.5 140.5 135.9 140.9 132.1 136.7 141.8 133.2 137.9 143.2 134.3 139.2 135.5 140.5 133.8 138.6 79.9 79.8 79.1 83.1 85.3 80.4 79.2 80.0 83.3 84.5 80.4 78.2 80.2 83.2 85.1 80.3 78.7 80.5 83.6 85.2 80.3 78.4 80.7 83.6 84.6 79.9 78.1 81.3 83.5 84.3 79.4 78.2 81.8 84.0 83.3 79.6 78.3 81.7 84.3 83.5 79.9 78.2 81.6 84.0 83.2 79.0 78.8 82.6 84.1 82.7 79.2 79.1 82.7 84.6 82.9 79.5 79.7 83.1 85.0 83.2 80.2 79.1 79.8 83.2 85.0 80.2 78.4 80.8 83.6 84.7 79.6 78.2 81.7 84.1 83.3 79.2 79.2 82.8 84.6 82.9 79.8 78.7 81.3 83.9 84.0 1990 1991 1992 1993 1994 82.6 79.6 79.0 81.4 82.6 82.9 78.9 79.4 81.7 82.8 83.2 78.1 79.9 81.6 83.2 82.6 78.2 80.4 81.7 83.3 82.8 78.7 80.6 81.2 83.7 82.7 79.5 80.2 81.2 83.9 82.5 79.5 80.6 81.3 84.1 82.5 79.5 80.2 81.0 83.9 82.5 80.1 80.5 81.7 83.7 81.9 79.9 81.0 81.8 84.1 80.7 79.7 81.3 82.1 84.4 80.1 79.1 81.2 82.5 84.9 82.9 78.9 79.5 81.6 82.9 82.7 78.8 80.4 81.4 83.6 82.5 79.7 80.4 81.3 83.9 80.9 79.6 81.2 82.1 84.4 82.3 79.2 80.4 81.6 83.7 1995 1996 1997 84.9 82.4 83.3 84.5 83.2 83.5 84.3 82.6 83.8 83.9 83.1 83.6 83.7 83.2 83.5 83.6 83.5 83.5 83.4 83.2 83.6 83.8 83.2 83.9 83.9 83.1 83.3 83.0 83.2 83.4 83.0 83.5 84.6 82.8 83.5 83.7 83.3 83.5 83.7 83.2 83.2 83.3 83.8 83.1 Utilization 1985 1986 1987 1988 1989 I 10 110.3 113.0 114.6 116.0 117.9 Table 5B INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA Seasonally adjusted Jan. Feb. Mar. Apr. May June July Aug. Sept. (Pet. Nov. Dec. Q1 Q2 Q3 Q4 Annual Industrial Production, Percent Change1 1985 1986 1987 1988 1989 .1 1.5 -.8 -.2 .9 .6 -.5 1.6 .4 -1.2 .7 -.9 .2 -.1 .8 .2 1.4 .5 1.0 .1 .5 -.1 .3 -.1 -.7 -.3 -.3 1.0 .0 .0 -.4 .3 .7 .7 -1.1 .9 .6 -.2 .3 .4 .4 .0 .1 .2 -.3 -.8 .8 1.3 .2 -.6 1.1 .4 .5 1.0 .4 -.1 1.2 .6 .6 .1 2.1 4,5 5.0 2.4 4.3 4.2 1.7 7.0 4.1 -.7 1.1 1.7 5.5 3.7 -4.5 1.6 6.7 7.6 5.2 -1.4 2.3 2.8 5.3 4.7 1.9 1990 1991 1992 1993 1994 -.2 -.9 .2 .8 .1 .9 -.7 .8 .3 .6 .3 -1.1 .9 .1 .9 -.8 .3 .6 .5 .7 .4 .7 .4 -.5 .7 -.1 1.4 -.1 .0 .2 .0 .2 .7 .3 .8 .3 .2 -.3 -.3 .1 .0 1.1 .4 1.1 .2 -.6 -.1 .7 .2 .7 -1.3 -.2 .6 .5 .7 -.6 -.5 -.1 .8 .9 2.9 -9.7 2.3 4.5 6.3 -.1 1.2 7.3 1.4 8.1 .8 7.8 2.8 1.2 5.0 -6.3 1.7 5.1 6.2 6.7 1995 1996 1997 .4 -.4 .1 -.4 1.3 .6 .1 -.8 .4 -.3 1.1 .3 -.1 .4 .1 .2 .7 .4 -.1 .5 .5 .7 .1 1.0 .7 .2 -.4 .2 -.1 .8 .1 .6 4.2 1.1 5.3 -1.4 6.3 4.1 2.6 5.0 1.0 4.3 3.5 2.7 84.4 87.9 89.6 95.4 100.3 84.9 87.4 91.0 95.8 99.1 85.4 86.6 91.2 95.7 99.9 85.6 87.8 91.6 96.7 100.0 86.0 87.7 91.9 96.6 99.4 85.7 87.5 92.8 96.6 99.4 85.4 87.7 93.4 97.2 98.3 86.1 88.2 93.3 97.5 98.7 86.4 88.2 93.4 97.7 98.4 85.7 88.9 94.6 97.9 97.9 86.7 89.3 95.0 98.9 98.2 86.6 90.3 95.6 99.4 98.3 84.9 87.3 90.6 95.7 I 99.8 85.8 87.7 92.1 96.6 99.6 86.0 88.0 93.4 97.5 98.5 86.3 j 89.5 95.1 I 98.7 98.1 85.7 88.1 92.8 97.1 99.0 1990 1991 1992 1993 1994 98.1 95.8 I 97.2 102.6 106.0 99.0 95.1 98.0 102.9 106.6 99.3 94.1 98.9 103.0 107.5 98.6 94.4 99.5 103.6 108.2 99.0 95.0 100.0 103.0 109.0 98.9 96.3 99.9 103.0 109.2 98.8 96.6 100.5 103.4 110.0 99.1 96.8 100.2 103.0 110.1 99.1 97.8 100.6 104.2 110.3 98.5 97.8 101.4 104.4 111.1 97.2 97.6 102.0 105.0 111.9 96.6 97.1 101.8 105.9 112.9 98.8 95.0 98.0 102.9 106.7 98.8 95.2 99.8 103.2 108.8 99.0 97.0 100.5 103.5 110.2 97.4 97.5 101.7 105.1 111.9 98.5 96.2 100.0 103.7 109.4 1995 1996 1997 113.3 113.4 119.3 112.9 114.8 120.1 113.1 113.9 120.6 112.7 115.2 120.9 112.6 115.7 121.0 112.9 116.4 121.6 112.7 117.0 122.2 113.4 117.2 123.4 114.2 117.4 113.8 117.6 113.6 118.5 113.8 119.2 113.1 114.0 120.0 112.7 115.8 121.2 113.4 117.2 113.7 118.4 113.2 116.3 Capacity 1985 1986 1987 1988 1989 107.0 i 111.0 113.2 115.1 117.0 107.3 111.2 113.4 115.3 117.3 107.6 111.4 113.6 115.4 117.5 108.0 111.6 113.8 115.5 117.8 108.3 111.7 113.9 115.7 118.0 108.7 111.9 114.1 115.8 118.3 109.0 112.1 114.2 116.0 118.5 109.3 112.3 114.4 116.1 118.7 109.7 112.5 114.6 116.3 119.0 110.0 112.7 114.7 116.5 119.2 110.4 112.9 114.9 116.6 119.5 110.7 113.0 115.0 116.8 119.7 107.3 111.2 113.4 115.3 117.3 108.3 111.7 113.9 115.7 118.0 109.3 112.3 114.4 116.1 118.7 110.4 112.9 114.9 116.6 119.5 108.8 112.0 114.1 115.9 118.4 1990 1991 1992 1993 1994 119.9 122.4 124.5 127.2 129.8 120.1 122.6 124.7 127.4 130.1 120.3 122.7 125.0 127.6 130.5 120.5 122.9 125.2 127.8 130.8 120.7 123.1 125.4 128.0 131.2 120.9 123.3 125.7 128.2 131.5 121.1 123.5 125.9 128.4 131.9 121.3 123.6 126.1 128.6 132.2 121.5 123.8 126.3 128.9 132.6 121.7 124.0 126.5 129.1 132.9 121.9 124.2 126.8 129.3 133.3 122.2 124.3 127.0 129.5 133.6 120.1 122.6 124.7 127.4 130.1 120.7 123.1 125.4 128.0 131.2 121.3 123.6 126.1 128.7 132.2 121.9 124.1 126.8 129.3 133.3 121.0 123.4 125.8 128.3 131.7 1995 1996 1997 134.0 | 139.1 144.9 134.4 139.6 145.3 134.8 140.1 145.8 135.2 140.5 146.4 135.6 141.0 146.9 136.0 141.5 147.4 136.5 142.0 147.9 136.9 142.5 148.5 137.3 142.9 137.8 143.4 138.2 143.9 138.7 144.4 134.4 139.6 145.3 135.6 141.0 146.9 136.9 142.5 138.2 143.9 136.3 141.7 78.9 79.1 79.1 82.9 85.7 79.1 78.6 80.2 83.1 84.5 79.3 77.8 80.3 82.9 85.0 79.2 78.7 80.6 83.7 84.9 79.4 78.5 80.7 83.5 84.2 78.9 78.1 81.4 83.4 84.1 78.3 78.2 81.8 83.8 83.0 78.8 78.6 81.5 84.0 83.1 78.8 78.4 81.5 84.0 82.7 77.9 78.9 82.5 84.1 82.1 78.5 79.1 82.8 84.3 82.2 78.2 79.9 83.1 85.1 82.2 79.1 78.5 79.9 83.0 85.1 79.2 78.5 80.9 83.5 84.4 78.6 7BA 81.6 83.9 82.9 78.2 79.3 82.8 84.7 82.1 78.8 78.7 81.3 83.8 83.6 1990 1991 1992 1993 1994 81.8 78.2 78.1 80.7 81.6 82.4 77.6 78.6 80.8 81.9 82.6 76.6 79.1 80.7 82.4 81.8 76.8 79.5 81.0 82.7 82.0 77.2 79.7 80.5 83.1 81.8 78.1 79.5 80.4 83.0 81.6 78.2 79.9 80.5 83.4 81.7 78.3 79.5 80.1 83.3 81.5 79.0 79.7 80.9 83.2 80.9 78.9 80.1 80.9 83.6 79.7 78.6 80.4 81.2 84.0 79.1 78.1 80.2 81.7 84.5 32.3 77.5 78.6 80.7 82.0 81.9 77.4 79.5 80.6 83.0 81.6 78.5 79.7 80.5 83.3 79.9 78.5 80.2 81.3 84.0 81.4 78.0 79.5 80.8 83.1 1995 1996 1997 84.6 81.5 82.4 84.0 82.2 82.6 83.9 81.3 82.7 83.4 82.0 82.6 83.0 82.0 82.4 83.0 82.3 82.5 82.6 82.4 82.6 82.9 82.3 83.1 83.2 82.1 82.6 82.0 82.2 82.4 82.0 82.5 84.2 81.7 82.5 83.1 82.1 82.5 82.9 82.3 82.3 32.3 83.1 82.1 Year Industrial Production 1985 1986 1987 1988 1989 Utilization 1985 1986 1987 1988 1989 1. Quarterly pe rcent ch singes are at annual rates. Annual perciNit Chan ges are calculated from annual iaverage IT" 11 -.5 J -2.4 4.0 3.7 5.5 Table 6 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES jndexrT^~ib6 SIC Item Metal mining Iron ore Nonferrous ores Copper 1 1996 IP Feb. Proportion Mar. Apr. Julv r rr§§r Feb. 103.8 111.0 102.9 108.2 Not seasonally adjusted Mar. Apr. Mavr Juner Julvr 104.8 110.4 104.2 108.7 102.7 103.0 102.9 107.3 104.8 114.0 103.7 105.9 108.7 115.8 107.9 115.1 105.3 107,6 105.2 111.2 105.7 122.9 103.2 108.7 104.8 116.2 103.2 111.3 103.5 104.2 109.0 108.9 102.9 103.6 106.4 108.4 105.6 110.7 105.0 111.6 104.3 102.0 104.8 108.6 12 .87 109.6 105.2 104.1 115.9 107.4 114.1 114.0 112.2 103.9 109.9 106.9 104.3 13 131 103.1 96.0 88.4 106.5 114.5 140.7 105.4 104.5 105.0 96.7 96.1 96.4 88.4 88.7 87.2 108.0 106.3 109.1 113.6 108.7 107.8 153.4 152.5 154.2 105.5 95.7 86.2 108.7 109.1 161.4 103.8 95.9 87.4 103.7 96.9 88.6 108.4 113.5 140.4 103.3 96.6 88.7 107.6 109.9 140.8 103.5 96.4 87.5 108.6 108.6 143.6 103.6 95.3 86.1 108.0 109.5 150.4 102.6 94.2 86.0 109.0 149.6 103.0 97.3 89.5 108.2 112.6 133.4 109.5 148.8 125.0 128.8 122.3 121.3 123.0 118.9 89.3 104,3 121.2 133.1 140,0 135.9 108.1 113.9 113.1 95.1 128.9 93.9 100.6 76.0 109.5 93.1 97.8 101.6 107.9 108.6 102.7 112.4 114.2 112.4 108.8 112.0 109.5 100.5 102.9 99.7 125.7 125.6 124.6 93.1 91.8 97.9 102.2 103.4 101.5 76.4 80.4 94.7 111.8 113.5 112.4 95.7 101.1 | 92.6 99.0 94.5 95.8 102.6 103.6 | 102.9 103.7 110.4 105.0 101.4 122.4 104.9 104.3 85.2 112.8 96.7 104,4 104.6 104.6 106.0 113.8 112.6 109.5 112.1 101.0 91.2 128.0 128.5 92.7 89.0 107.9 109.4 94.1 80.8 109.9 113.2 109.6 112.0 108.1 110.9 106.6 106.8 110.2 110.9 116.1 110.6 118.3 113.2 95.6 90.7 130.7 122.1 91.3 83.4 110.8 105.1 68.3 62.7 114.6 109.0 107.5 98.1 126.7 117.8 106.2 103.3 96.4 105.0 96.0 108.1 104.7 101.3 98.0 102.9 102.4 111.1 97.6 107.0 95.5 106.7 101.5 108.6 112.9 105.5 98.0 82.1 96.4 105.7 96.4 98.8 98.9 111.6 115.9 109.6 102.0 93.0 99.0 106.2 99.7 96.9 93.5 113.8 117.7 113:9 106.0 97.2 104.3 106.6 106.9 99.5 93.5 120.5 109.9 108:2 113.2 97.1 87.5 120r1 121.5 111.7 85.7 129.0 117.2 105.8 108.6 100.3 114.5 89.3 132 138 3.71 2.84 1.52 1.32 .22 .64 Stone and earth minerals 14 .60 20 201 202 2021 2022 2023 i 2024 2026 9.37 1.26 .48 .27 .49 .02 .81 .01 .19 .14 .12 .34 108.4 109.2 108.3 114.0 114.7 112.6 113.0 114.2 111.4 101.0 103.5 96.1 125.5 124.4 126.6 91.2 90.4 92.5 101.1 99.9 100.2 75.1 80.8 76.8 111,1 108.5 108.7 87.9 91.5 88.5 i 104.9 101.9 98.7 101.7 101.7 101.6 203 204 I 205 206 207 I 208 2082,3 2086,7 209 2095 1.30 1.30 1.03 .64 -24 1.74 .54 .98 1.05 .17 108.4 | 108.1 105.7 112.3 102.0 110.3 100.5 116.5 107.6 98.1 21 1.16 105,7 Textile mill products 22 Fabrics 221-4 Cotton and synthetic 221,2 Narrow fabrics 224 Knit goods 225 Knit garments 2253,4,7-9 Fabric finishing 226 Carpeting 227 Yarns and miscellaneous 228,9 Cotton and synthetic yarns 2281,2,4 1.57 .39 .32 .04 .44 .32 .15 .18 .41 .19 Apparel products 23 1.80 95.8 24 241,2 241 243-5,9 243 2435,6 245 2.06 .79 .28 1.27 .65 .15 .23 112.0 102.3 93.8 119.2 113.0 101.1 163.5 Foods Meat products Beef Pork Poultry Miscellaneous meats Dairy products Butter Cheese Concentrated milk Frozen desserts Milk and misc. dairy products Lumber and products Logging and lumber Logging Lumber products Miliwork and plywood Plywood Manufactured homes June r .42 .06 .36 .12 Oil and gas extraction Crude oil and natural gas Crude oil, total Natural gas Natural gas iquids Oil and gas well drilling Tobacco products Mav r 10 101 102-4,8,9 102 Coal mining Canned and frozen food Grain mill products Bakery products Sugar and confectionery Fats and oils Beverages Beer and ale Soft drinks Coffee and miscellaneous Roasted coffee ~~~l ^ _ Seasonallvadiusted 107.7 106.8 105.5 109.5 108.5 108.7 103.4 102.6 102.3 114.6 114.4 112.7 99.0 98.1 96.9 115.1 112.1 111.4 115.9 105.8 105.5 115.9 116.8 116.2 107.5 110.2 110.8 98.2 103.4 104.8 106.7 108.0 102.0 111.2 97.0 111.5 107.5 109.6 104.0 109.3 95.6 110.7 113.6 109.8 95.7 115.1 111.0 104.2 102.8 104.2 109.3 106.9 108.2 108,6 107.3 106.8 102.5 111.3 103.4 109.0 103.3 113.4 103.1 113.1 116.1 116.7 115.4 111.1 112.1 111.9 113.8 112.3 113.4 113.6 116.5 99.8 95.3 99.1 92.7 92.3 116.8 96.2 102.6 111.9 111.2 112.1 112.4 104.1 100.0 102.5 102.3 109.0 105.1 105.1 113.4 112.3 114.7 96.7 108.0 114.7 106.4 108.8 104.8 115.0 114.6 117.9 95.2 96.6 117.4 111.2 105.5 107.1 106.9 104.9 108.1 104.7 110.4 114.8 103.8 105.5 105.3 106.0 101.8 94.7 90.9 111.5 113.9 114.1 108.6 104.8 96.4 96.6 96.1 113.3 113.6 114.0 104.7 103.2 103.1 93.0 95.3 94.2 119.8 121.5 122.1 114.0 114.4 114.3 100.1 101.1 101.1 160.9 168.0 166.4 114.3 104.1 93.1 121.9 114.8 103.3 163.1 106.9 96.3 105.5 96.1 93.9 95.5 113.4 109.6 102.0 101.8 92.8 89.1 122.0 115.6 115.4 106.8 102.0 100.6 166.3 155.9 111.4 101.7 86.1 118.7 110.4 100.1 163.0 1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. 12 113.3 110.7 115.9 109.3 117.2 108.6 115.7 116.5 112.1 118.7 108.0 119.9 104.0 98.3 114.7 95.4 115.1 115.4 108.6 108.7 115.5 104.6 106.7 94.6 105.5 118.0 1Q8.7 126.8 116.2 126.9 122.9 96.4 84.0 118.6 102.1 118.4 111.4 110.8 102.7 96.3 98.7 94.1 114.0 112.6 102.0 99.6 86.4 90.0 123.0 122.2 113.5 115.4 102.0 103.0 176.2 170.2 117.9 108.0 95.7 125.4 117.8 105.3 176.5 111.7 101.5 97.6 119.4 116.0 98.8 150.8 94.5 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES JtegL :r^-^_rrrr^T-T__rr Furniture and fixtures Household furniture _SI£™ 1996 1 / ' ^ ^ Seasonailvadiusted IP 1 Feb. Proportion My. „ A f i r ! M Mat/ Juner Index. 1 ^ = 160 I ^ Ju!v r Not seasonally adjusted Feb. Mar. Aor. May8, Juner Julvr 25 251 1.30 .60 110.3 111.5 111.0 109.9 112.7 112.6 113.9 114.6 114.5 116.2 113.3 114.6 110.7 114.7 109.7 111.5 110.3 111.9 110.7 111.2 115.4 115.5 112.3 107.7 26 I 261-3 261 262 263 265,7 265 267 3.29 1.32 .09 .76 .46 1.97 .73 1.24 111.1 112.1 106.1 109.0 119.3 110.5 116.2 107.4 112.1 111.8 105.1 110.1 116.9 112.3 116.7 110.0 112.2 111.4 102.4 110.9 115.0 112.6 115.5 111.1 112.8 111.8 99.7 111.5 115.4 113.6 116.2 112.2 111.4 109.4 99.6 109.2 112.4 112.7 120.6 108.3 114.7 112.9 114.2 114.3 102.2 106.7 113.0 111.1 119.4 121.8 115.0 112.0 117.3 115.6 113.7 109.9 111.8 112.2 102.0 110.8 117.1 111.5 114.1 110.0 114.4 112.3 104.2 110.9 116.8 115.8 122.9 111.7 110.8 110.8 98.0 109.2 116.7 110.8 111.7 110.1 112.9 111.6 101.0 110.1 116.5 113.8 122.5 108.9 112.6 112.5 104.7 110.4 118.2 112.6 116.2 110.5 6.44 1.41 1.91 3.12 100.6 I 92.0 99.6 105.7 99.7 89.0 100.5 104.9 99.6 86.6 101.2 105.7 99.8 86.0 101.9 105.8 99.3 85.7 103.4 104.0 99.5 85.7 103.5 104.4 96.7 93.6 99.6 96.2 96.8 90.0 101.9 96.9 97.4 88.5 103.5 98.2 96.8 84.2 102.0 100.2 101.1 86.6 102.6 108.0 103.8 84.1 103.2 115.0 10.17 112.8 112.0 113.3 112.7 112.3 113.2 110.1 109.9 111.7 111.7 115.7 117.5 281,2,6 281 2812 2816 I 2819 ! 4.06 .80 .06 .51 .35 109.2 94.0 117.4 101.1 87.3 101.6 109.1 93.1 120.9 96.0 86.4 102.0 109.2 93.0 116.3 103.6 86.0 101*2 106.7 90.4 112.4 96.1 84.0 99.0 106.4 90.3 116.2 95.6 83.9 98.7 107.5 89.9 118.4 108.4 81.3 99.0 110.1 94.8 117.3 101.5 88.0 104.6 109.6 91.1 119.3 94.7 83.7 95.6 111.9 93.5 114.7 110.0 85.6 99.9 107.2 90.2 110.6 98.4 83.4 95.6 107.7 91.9 117.3 100.3 85.4 101.4 106.7 87.5 118.4 105.9 78.4 95.4 282 2821 2823,4 286 1.42 .90 .38 1.84 121.5 127.1 108.7 108.5 121.7 127.2 108.8 108.7 124.7 128.2 117.3 107.0 120.1 127.7 103.2 105.8 120.0 127.6 102.8 105.3 123.9 123.8 130.0 107.7 109.4 130.4 134.3 120.1 108.7 121.5 128.7 104.5 106.2 122.9 129.6 106.7 105.4 121.4 114.5 105.4 124.2 129.6 111.2 108.4 111.7 106.5 283-5,9 283 284 285 287 5.50 3.05 1.36 .50 .61 116.4 122.5 103.5 122.7 103.1 114.9 121.0 102.6 122.2 103.1 117.1 123.2 105.1 119.9 104.2 117.8 125.1 103.5 119.2 106.4 117.4 122.6 106.3 118.4 105.4 118.3 123.4 107.1 119.1 104.6 110.3 113.5 100.4 120.5 104.0 110.3 113.3 101.0 123.2 103.8 111.6 114.8 99.8 128.6 107.4 115.5 121.4 99.9 128.4 106.6 123.2 129.9 108.6 134.0 103.0 127.8 136.6 113.4 124.0 101.5 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 1.75 1.57 .32 .30 .05 .15 .75 .19 108.6 106.6 111.1 110.1 87.1 108.3 104.5 124.5 108.1 106.5 104.7 112.6 72.1 111.4 106.8 120.0 110.7 109.4 113.4 111.8 70.2 112.3 109.4 119.6 112.1 111.0 115.8 118.6 69.1 111.4 109.3 119.1 111.3 110.5 109.2 117.8 84.4 114.1 109.5 116.2 110.1 109.2 110.1 115.6 76.2 112.5 108.4 115.5 100.4 100.0 94.5 103.9 88.4 108.1 100.3 101.3 101.9 101.8 99.6 109.6 71.6 105.7 101.5 100.0 107.6 107.0 111.4 110.7 69.1 106.2 107.1 110.0 113.6 112.4 121.5 118.6 69.2 107.6 110.5 121.4 116.0 114.6 124.8 118.3 81.4 112.6 111.8 125.6 115.0 113.4 126.5 115.6 73.7 115.1 109.8 126.6 Rubber and piastics products 30 Tires 301 Other rubber products 302,5,6 Plastics products, nee 308 3.78 .35 .62 2.81 123.1 121.0 115.0 125.3 124.0 129.8 113.1 126.0 122.3 109.1 115.6 125.7 123.4 113.7 113.3 127.2 124.0 123.1 115.8 126.1 123.7 123.6 115.6 125.8 123.3 132.5 114.7 124.2 123.9 132.3 114.1 125.3 122.8 118.2 112.4 126.0 123.2 114.0 113.6 126.8 126.2 127.4 120.0 127.6 119.9 106.3 116.7 122.4 31 314 .20 .09 77.6 80.1 78.4 80.7 78.8 79.0 77.0 78.5 75.5 75.9 74.9 74.8 75.7 77.5 78.0 78.8 78.5 77.6 77.0 78.2 77.6 78.2 71.0 71.4 Stone, day, and glass products 32 Pressed and biown glass 322 Glass containers 3221 Cement 324 Structural clay products 325 Concrete ana miscellaneous 326-9 2.12 .30 .13 .17 .10 1.26 112.5 94.5 75.5 119.6 128.8 115.0 113.5 93.4 72.5 123.5 129.3 116.1 113.8 95.5 72.8 113.8 132.0 116.4 112.8 93.3 71.4 113.4 130.8 116.0 113.2 93.0 72.8 112.4 129.9 117.4 113.6 96.8 73.7 107.5 95.8 79.2 82.5 125.3 111.6 110.2 94.1 74.7 100.4 129.3 113.6 113.7 96.9 76.7 116.9 133.5 115.7 114.0 95.7 75.2 125.7 135.6 115.5 117.2 96.9 78.7 136.5 138.5 118.7 114.5 98.7 77.5 Paper and products Puip and paper Wood puip Paper Paperboard Paper products Paperboard containers Converted paper products 27 Printing and publishing Newspapers 271 Periodicals, books, and cards 272,3,7 Job printing 274-6,8,9 Chemicals and products Industrial chemicais and synthetic materials Basic chemicals Alkalies and chlorine Inorganic pigments inorganic chemicais, nee Acids and other Synthetic materials Plastics materials Synthetic fibers Industrial organic chemicals Chemical products Drugs and medicines Soap and toiletries Paints Agricultural chemicals Leather and products Shoes 28 .09 128.1 116.4 1. The IP proportion data are estimates of the Industries' relative contributions to overall IP growth In the following year. 13 122.9 115.6 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES " Item m 'TV • » . « • • » « « • — W — B M •«•• Primary metals Iron and steel Basic steel and mil! products Basic iron and steel Pig iron Raw steel r™*5*85^^ 1996 !P p Feb. ^ ^ Mar. SIC Proportion1 33 331,2 331 T ~ — • • — ^ ^ Not seasonally adjusted r Apr. Mav June r »JukL Feb.5 120.0 I 118.2 I 119.6 106.0 105.2 112.3 121.3 118.7 120.5 106.8 105.7 114.2 120.2 119.3 121.1 107.4 105.8 115.5 123.4 123.6 127.5 109.5 109.2 115.8 123.4 120.3 122.8 107.4 105.8 115.1 122.0 120.8 124.3 105.8 102.8 115.4 123.3 121.0 122.2 108.7 107.5 117.3 124.6 124.9 127.3 108.0 104.6 119.1 124.2 124.1 128.1 108.3 106.9 115.7 123.9 121.4 124.3 107.0 104.9 115.1 116.4 116.4 120.2 103.3 100.8 110.6 123.7 132.3 123.4 138.7 I 111.5 I 120.2 113.0 124.6 137.0 122.4 144.8 102.5 120.3 112.3 125.1 121.4 127.9 148.1 113.3 122.8 113.2 132.9 132.1 138.6 157.3 110.2 129.9 110.6 127.4 125.0 134.4 148.8 108.8 124.8 112.1 129.8 129.6 126.2 131.8 142.6 136.3 129.7 I 133.1 127.6 147.8 ! 138.3 137.4 104.9 106.3 105.6 128.5 125.7 122.8 109.1 115.2 116.6 133.0 139,4 134.8 149.7 113.0 129.6 116.7 133.9 140.9 136.8 158.1 115.1 128.6 111.2 129.4 128.1 133.8 154.2 111.7 125.8 111.9 125.2 102.9 122.5 150.1 103.0 128.7 103.9 | 122.1 1242 105.7 105.9 120.9 118.5 89.2 89.6 121.3 106.7 120.3 89.5 123.1 105.2 114.7 88.9 126.9 110.6 128.7 89.5 123.3 125.1 126.0 107.8 i 109.0 109.3 128.4 124.8 124.8 89.1 89.7 89.7 124.2 106.9 119.5 89.2 124.2 106.1 116.4 88.9 126.8 107.9 125.4 89.4 116.4 104.1 119.3 89.2 122.1 117.3 96.9 137.9 124.2 120.0 101.8 138.1 127.4 124.5 110.4 137.3 123.3 126.9 128.0 119.8 i 123.8 125.2 97.5 ! 109.8 115.2 134.8 l 137.2 137.2 125.7 122.0 108.8 138.0 125.7 122.2 104.3 137.4 128.1 125.0 111.2 138.2 115.7 112.3 91.6 127.1 120.8 93.4 119.4 119.3 128.2 120.8 127.9 121.1 89.8 119.9 119.7 127.8 121.2 128.0 120.7 89.7 118.0 116.9 127.0 121.6 128.3 121.0 117.8 119.6 91.0 76.2 88.6 119.0 ! 117.5 117.4 117.5 117.6 117.1 127.0 122.8 124.1 122.0 i 120.4 122.2 129.2 I 128.0 130.3 118.3 91.5 116.6 116.3 125.0 119.7 126.4 119.8 99.6 118.5 118.2 126.5 120.7 127.4 122.8 106.2 120.9 120.2 128.5 123.2 131.0 120.0 99.2 120.7 120.6 127.9 119.2 126.8 332 1.16 .19 .13 .14 .04 .66 .42 Nonferrous metals Primary nonferrous metals Copper Aluminum 333-6,9 333 3331 3334 1.64 .24 .08 .10 335,6 335 i 3353-5 ! 336 1.12 .84 .29 .28 J 136.1 126.9 124.1 114.6 138.2 34 Fabricated metal products 341 Metal containers 342 Hardware, tools, and cutlery 3423,5,9 I Hardware and tools 344 i Structural metal products Other fabricated metal products 345-9 345-7 Fasteners, stampings, etc. 5.28 .16 .54 .47 1.47 2.91 1.67 119.5 90.2 118.3 118.3 127.3 119.3 126.4 120.4 93.4 117.6 117.4 128.1 120.4 127.2 Industrial machinery 35 I and equipment 351 Engines and turbines 352 Farm 353 Construction and allied 354 Metalworking 355 Special industry machinery 356 General industrial machinery 3562,6,8 Bearings and gears Equipment 3561.3-5,7,9 357 Computer and office equip. 358 Service industry machines 3585 i Refrig. and heating equip. 359 Miscellaneous machinery 9.51 .47 .45 .99 1.10 .84 1.10 .33 .77 2.45 .90 .64 1.20 166.6 167.4 171.3 170.5 171.9 175.3 121.3 119.5 120.9 123.9 121.9 122.2 144.4 142.0 153.9 147.0 150.1 152.1 156.5 153.9 163.8 160.1 160.4 160.6 124.9 123.7 124.9 124.4 123.1 126.5 133.2 135.3 136.5 136.2 136.3 137.2 116.7 115.9 117.4 116.9 116.5 118.3 116.1 116.8 118.1 117.1 114.8 114.3 117.0 115.6 117.2 116.9 117.2 120.1 347.8 354.7 363.8 371.8 382.0 394.4 135.2 138.9 134.8 127.1 130.5 129.8 138.3 142.4 136.6 124.6 130.2 128.4 135.1 135.1 140.6 138.9 137.6 143.0 124.3 120.8 103.8 181.7 109.1 105.0 133.3 140.1 126.5 152.6 125.4 113.2 147.7 185.5 108.7 106.2 134.6 150.0 130.6 155.3 120.7 105.6 140.4 123.7 122.5 124.7 108.3 107.1 116.8 5 r ~ Mav"r ^ Mar. JuosL^MxL ^ML. 3.52 1.88 1.46 .30 .17 .09 Steel mill products Consumer durable steel Equipment steel Construction steel Can and closure steel Miscellaneous steel Iron and steel foundries Nonferrous products Nonferrous mill products Aluminum Nonferrous foundries i 167.5 121.8 162.4 | 165.3 ! 123.7 t 133.4 116.2 117.3 115.7 336.1 141.7 147.8 133.3 169.1 119.6 158.5 163.5 122.3 138.1 115.4 117.6 114.5 344.4 151.2 160.4 133.4 170.2 170.3 177.8 174.6 118.8 120.9 120.8 119.9 166.3 155.7 153.6 112.0 168.1 164.2 169.5 141.1 121.0 122.3 126.1 132.5 135.4 135.2 136.3 133.1 115.2 115.8 118.9 119.9 117.4 116.0 114.9 110.4 114.2 115.7 120.6 124.1 346.6 364.7 396.9 420.1 149.7 133.6 140.7 122.8 158.6 134.5 144.8 120.7 136.2 136.9 141.6 149.9 172.3 106.9 100.1 133.5 135.6 134.4 146.2 126.8 100.0 151.1 175.0 105.6 98.8 133.8 131.8 133.3 155.0 126.0 102.9 146.5 175.5 176.4 106.7 106.6 98.5 101.5 131.6 126.8 120.4 129.6 139.9 138.6 160.5 136.5 120.6 116.4 104.3 107.5 144.1 135.1 183.0 112.2 107.2 136.6 135.7 141.4 157.3 126.0 113.2 149.6 182.7 113.5 110.9 128.5 145.3 131.6 138.9 114.9 102.4 123.7 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 8.58 .95 .30 .51 .09 .10 .11 .21 .05 .09 172.5 175.2 176.7 178.1 I 109.7 108.0 109.4 107.6 I 102.5 101.9 104.2 104.7 124.7 132.8 125.3 126.7 130.4 132.5 117.1 129.0 125.6 132.0 127.6 129.4 127.7 155.8 143.8 137.9 121.3 123.7 120.6 120.2 ! 105.7 108.3 109.8 109.2 | 139.8 144.3 137.4 138.0 Audio and video equipment Communication equipment Electronic components Semiconductors Misc. electrical supplies Storage batteries 365 366 367 3672-9 369 3691 .19 1.65 3.94 3.87 .69 .11 i 105.8 122.0 287.1 294.1 125.2 110.3 3714 3716 8.41 4.80 1.32 1.26 1.19 .71 .48 2.15 .06 111.5 129.6 110.6 153.5 155.5 165.0 147.1 130.3 113.9 111.9 128.9 111.5 152.4 153.8 163.8 144.7 129.1 102.3 110.6 125.3 105.0 138.2 138.6 146.1 132.4 133.0 114.0 110.2 123.7 106.5 142.5 142.0 150.5 134.6 125.7 113.7 112.8 127.6 103.9 148.9 149.3 159.5 139.7 133.1 112.6 111.3 123.1 106.8 132.4 132.0 135.8 130.5 130.0 100.6 117.6 142.1 125.1 170.2 172.9 180.1 162.8 139.3 120.3 117.1 138.9 117.6 159.8 161.2 170.0 148.9 143.1 114.8 118.2 140.2 122.7 160.6 161.9 167.1 154.6 141.2 139.1 115.8 134.8 119.1 154.2 154.5 161.2 145.2 135.8 111.9 118.4 138.7 113.5 159.3 160.1 167.8 149.3 146.0 110.7 93.8 87.8 73.0 95.5 93.3 88.5 99.6 93.2 102.4 372-6,9 372 373 374-6,9 3.62 2.30 .38 .94 93.5 94.2 86.4 92.8 94.8 96.0 85.4 93.6 95.5 97.5 85.3 92.6 96.4 98.6 85.9 93.0 97.7 100.2 84.7 94.5 98.9 93.7 102.6 95.0 83.6 84.3 93.3 I 92.4 95.7 97.4 85.5 93.7 96.5 98.4 86.4 93.5 96.9 99.4 85.7 93.1 98.3 101.1 84.4 94.7 97.2 101.0 81.7 91.7 Transportation equipment Motor vehicles and parts Autos Trucks and truck trailers Trucks and buses Consumer trucks Business trucks Motor vehicle parts Motor homes Aerospace and miscellaneous transportation equipment Aircraft and parts Ships and boats Railroad and miscellaneous 37 ' 371 j 95.9 99.8 100.8 92.4 100.1 92.9 96.8 123.0 124.4 124.4 128.5 130.5 121.7 123.0 295.0 300.2 304.7 312.6 323.0 287.4 296.8 302.7 308.1 312.8 321.2 331.8 294.6 304.9 128.2 127.7 128.5 125.6 124.7 123.7 125.2 119.0 119.1 121.6 111.0 105.2 103.0 104.7 1. The IP proportion data are estimates of the Industries' relative contributions to overall IP growth In the following year. 14 85.2 94.9 91.3 84.5 123.9 123.1 126.3 128.5 299.1 302.8 314.3 316.6 307.0 310.8 323.1 325.5 124.8 123.2 126.6 119.1 101.7 98.1 113.6 101.1 Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES i— 1996 L ^ _ IP 1 nra97 SIC Proportion Feb. 4.72 38 104.6 3.77 101.5 381-4 1.45 110.2 384 Item Instruments Scientific and medical Medical instruments w A O T — I Y ^ I I M TnasnwmHT"— L__ JMssa§sogj}iMyst§fl Aor. Mavf Junef 1997 Feb. Mar. Aor. 104.7 104.4 101.2 101.0 108.8 108.5 105.2 101.7 108.4 105.8 105.3 103.2 102.0 101.5 99.8 109.1 108.7 104.2 103.4 99.7 103.3 103.1 99.4 103.6 103.6 99.6 104.4 107.3 103.7 114.1 106.8 103.5 118.0 Mar. Julvr Mav^ Juner Julvr Misc. manufactures Consumer goods Business supplies 39 391,3,4,6 395,9 1.29 .62 .67 117.1 116.3 108.6 108.1 125.6 124.4 116.9 109.3 124.5 117.0 109.2 124.8 117.5 108.5 126.5 118.8 114.8 110.7 107.0 126.9 122.6 115.7 108.2 123.3 116.0 108.9 123.1 116.3 108.3 124.3 117.8 107.9 127.8 113.6 102.9 124.3 Electric utilities Generation Fossil fuel Hydro and nuclear 491,3pt 6.26 2.42 .91 1.51 110.9 111.1 104.7 116.2 11.0.3 111.5 107.0 115.3 113.6 113.0 110.9 115.1 110.5 108.9 108.5 110.0 111.1 111.4 108.7 114.0 112.6 112.5 111.5 114.7 103.7 122.7 106.3 108.0 98.0 115.2 101.5 103.4 97.7 107.7 102.6 105.3 99.5 109.8 114.7 117.8 114.4 120.7 127.2 124.5 3.84 1.64 2.21 1.32 .89 110.8 110.2 111.4 114.8 107.0 109.6 114.2 107.9 115.4 111.0 113.4 114.8 117.8 105.8 107.4 111.6 111.1 111.6 109.4 111.7 112.3 115.4 116.2 106.7 107.2 112.8 109.5 115.6 112.4 105.2 108.1 101.1 105.3 104.1 106.1 108.2 103.2 100.4 93.1 105.7 106.5 104.6 101.0 90.6 108.4 109.2 107.3 112.9 129.0 107.0 117.1 123.0 121.7 110.8 1.81 .80 .35 .48 107.6 101.6 109.1 110.1 108.7 113.2 102.6 109.3 113.2 118.0 108.9 112.2 119.0 116.5 126.4 115.3 112.7 171.6 196.3 185.9 142.5 155.2 170.8 170.9 132.2 112.6 111.4 118.7 110.5 86.6 73.7 87.4 97.4 Sales Residential Nonresidential Commercial and other Industrial 492,3pt Gas utilities Residential Commercial and other Gas transmission 115.6 65.6 63.0 1. The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. Table 7 INDUSTRIAL PRODUCTION: GROSS VALUE OF PRODUCTS Billions of 1992 dollars at annual rates, seasonally adjusted 1992 Item 1996 I Q1 Q2 Q3 Q4 Q2r Q1 mi Mar. Apr. Ma/ Juner Julyr 2001.9 2261.9 2221.1 2259.7 2274.1 2291.8 2315.2 2334.3 2327.5 2324.7 2337.5 2340.7 2340.5 2367.3 Products, total 1552.1 1766.0 1733.5 1765.9 1776.0 1787.9 1808.9 1825.9 1819.6 1816.4 1827.8 1833.6 1835.7 1862.2 Final products 1049.6 1166.0 1152.7 1167.4 1166.7 1176.4 1179.6 1184.5 1184.7 1179.4 1187.3 238.3 302.7 291.2 307.1 309.3 303.1 310.2 305.9 314.1 301.4 306.0 154.8 157.5 123.8 157.6 149.9 160.5 163.2 157.0 164.1 157.4 164.8 114.4 145.1 141.4 146.6 146.1 146.1 146.1 148.5 149.3 146.6 148.4 811.3 863.9 861.7 861.4 858.5 873.3 870.2 878.7 871.8 877.8 881.4 Consumer goods Durable Automotive products Other durable goods Nondurable Equipment, total Business and defense Business Defense and space Intermedlateproducts Construction supplies Business supplies Commercial energy products 1186.7 1186.0 1199.0 310.3 304.4 315.0 160.0 152.2 163.6 150.3 152.2 151.4 877.0 881.3 884.8 502.5 483.9 399.2 84.7 599.2 573.9 509.1 64.9 580.2 555.9 491.5 64.4 597.7 571.3 505.9 65.4 608.6 583.0 517.7 65.4 610.7 585.7 521.4 64.4 628.6 600.8 537.6 63.3 640.9 610.7 547.2 63.6 634.2 604.7 541.3 63.5 636.4 606.5 543.4 63.3 639.9 609.9 546.5 63.6 646.3 615.6 551.8 64.0 649.2 620.0 557.3 62.9 662.8 634.1 570.9 63.4 449.9 177.2 272.7 70.4 496.4 206.0 290.2 80.3 488.1 199.5 288.4 79.6 494.4 205.3 288.9 80.5 498.7 209.6 288.9 79.3 504.3 209.3 294.7 81.6 507.0 211.1 295.6 80.5 509.2 212.7 296.3 82.7 508.7 215.2 293.3 80.1 508.9 212.0 296.7 82.8 510.5 213.2 297.1 83.0 508.2 212.8 295.2 82.2 506.1 210.0 295.9 81.6 507.0 210.9 295.8 81.1 Table 8 DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION Percent Year One Month Earlier 1995 1996 1997 Three Months Earlier 1995 1996 1997 Six Months Earlier 1995 1996 1997 | Jan. Feb. Mar. Apr. May June July AUQ. Sept. Oct. Nov. Dec. 55.3 34.5 45.5 47.7 65.5 61.4 50.0 54.2 54.7 43.2 52.7 51.9 47.7 58.0 50.6 50.4 64.8 51.5 52.7 51.5 50.8 58.7 53.4 54.9 50.8 44.7 55.3 47.3 56.8 47.7 57.4 64.0 41.3 56.4 58.7 50.0 59.5 49.6 53.8 56.1 43.6 68.9 59.5 43.2 59.1 54.2 47.3 63.8 52.5 48.5 56.4 53.4 52.7 61.0 58.0 53.0 51.9 57.2 48.5 52.3 45.1 56.4 62.1 47.3 56.1 62.9 49.6 61.0 64.4 49.6 63.3 54.9 54.2 61.7 51.1 59.5 59.3 44.3 67.0 55.7 44.3 63.6 61.9 46.2 60.6 51.1 61.0 47.3 60.2 50.8 60.2 53.0 58.0 the percentage that were unchanged. AugP 15 Table 9 ELECTRIC POWER USE: MANUFACTURING AND MINING l 1992 Billion Feb. Item 1987 SIC KWH I 934.1 I 106.8 Total MAJOR INDUSTRY GROUPS Manufacturing 854.0 107.0 365.8 105.9 Durable 488.3 107.8 Nondurable 80.1 104.4 Mining INDUSTRY GROUPS and SERIES 18.6 117.4 Metal mining 10 7.3 129.7 Iron ore 101 115.7 102 6.6 Copper ore rm? index. 1992 = 100 I Seasonally adjusted r rmr Not seasonally adjusted Mar. 105.3 Apr. 107.1 Mayr 106.4 June 106.4 JulvP Feb. 106.2 I 103.6 Mar. 104.0 Apr. 105.8 May* 106.2 Juner 108.3 JulvP 107.3 105.6 104.3 106.6 102.3 107.5 106.8 108.0 102.4 106.8 106.0 107.4 101.3 106.6 106.5 106.7 102.6 106.4 107.4 105.7 102.3 103.6 103.6 103.6 103.8 104.2 104.2 104.2 101.8 106.0 105.7 106.2 102.9 106.6 105.9 107.1 101.5 108.7 108.5 108.9 102.0 107.9 107.7 107.9 99.0 119.7 131.3 119.0 111.7 117.4 113.9 112.9 116.4 117.1 111.3 114.1 114.1 112.7 115.8 117.2 113.3 121.2 114.2 115.8 125.7 113.8 111.8 118.7 112.6 113.8 118.6 115.9 110.2 110.8 114.7 112.1 115.6 117.0 12 12.7 95.2 91.8 98.5 97.0 99.3 99.4 108.6 100.4 101.4 94.8 93.8 82.0 Oil and gas extraction Crude oil and natural gas Natural gas liquids 13 131 132 36.0 31.0 3.6 96.2 97.8 75.0 93.2 93.3 86.5 94.8 94.4 92.1 92.2 92.0 89.3 94.1 93.9 89.0 93.1 93.2 88.1 93.5 95.2 71.5 92.1 92.5 83.6 94.2 94.1 90.6 92.0 92.1 89.0 95.6 95.2 92.1 93.9 93.3 91.0 Stone and earth minerals Crushed stone Sand and gravel Chemical and fertilizer materials 14 142 144 147 12.8 3.5 2.7 4.7 115.2 146.8 101.9 111.4 110.3 144.9 108.1 101.2 110.8 148.0 106.6 99.7 110.1 146.2 105.9 98.4 113.1 146.0 110.9 103.3 111.7 148.6 111.7 98.3 107.3 118.9 86.5 111.2 104.6 119.7 94.3 102.6 111.4 144.1 104.6 102.2 113.7 156.6 111.6 99.7 115.4 155.9 115.9 102.6 112.7 156.2 117.1 96.9 Foods Meat products Dairy products Canned and frozen food Grain mill products Bakery products 20 201 202 203 204 205 206 207 208 209 58.8 10.3 6.8 8.1 11.4 3.5 4.0 3.9 6.1 4.7 115.4 123.3 109.0 115.4 122.3 111.5 117.9 111.8 100.9 116.9 113.8 121.7 105.3 114.7 121.8 108.7 115.7 111.6 100.1 114.9 115.6 125.0 107.6 113.8 124.3 108.6 114.6 110.8 101.2 119.8 114.1 123.2 106.4 112.5 121.1 108.5 112.7 110.8 100.6 119.0 114.4 121.6 105.4 113.9 124.7 107.8 114.5 112.6 98.3 119.7 115.5 107.5 124.9 113.2 99.4 104.3 115.6 102.4 123.0 120.0 111.9 101.3 116.5 122.6 113.8 114.9 99.5 ! 89.1 121.1 107.4 106.4 113.0 98.6 103.8 118.8 100.3 107.3 111.7 91.1 106.5 108.7 117.8 103.8 102.5 121.9 102.0 97.2 108.9 94.8 111.5 110.6 119.8 105.5 105.4 121.5 105.7 99.0 106.0 98.5 114.8 116.6 127.6 113.3 111.1 121.7 112.9 106.2 109.0 105.0 124.4 121.2 135.1 115.5 118.0 121.5 121.7 109.4 104.7 111.4 131.2 21 1.5 92.0 93.5 95.7 96.1 97.2 92.2 90.6 92.1 91.3 98.8 107.9 Textile mill products Fabrics Knit goods Fabric finishing Yarn and thread Miscellaneous textiles 22 221-4 225 226 228 229 31.5 11.8 4.1 2.5 8.3 3.4 110.8 103.7 107.0 124.4 114.2 120.4 107.7 100.7 108.1 120.5 110.9 116.7 108.0 101.8 108.3 128.3 108.6 118.1 106.6 100.5 111.1 122.9 107.1 115.9 106.0 98.1 109.3 123.8 104.7 120.3 107.7 ! 104.4 99.8 97.8 114.1 100.4 125.2 122.6 102.7 107.0 124.8 113.5 103.1 96.3 101.1 121.6 106.1 112.7 105.2 98.9 103.0 127.8 105.8 116.4 109.9 103.7 114.4 124.7 111.1 118.8 114.9 106.5 121.2 130.3 114.4 128.1 108.2 100.7 119.1 118.1 102.8 124.1 Apparel products Mens outerwear Womenfe outerwear 23 231,2 233 8.2 2.0 2.5 99.1 93.5 91.3 99.9 91.1 96.0 101.6 92.8 97.4 101.0 92.5 91.0 98.8 92.5 87.7 92.4 84.3 84.4 92.1 81.7 87.1 93.5 84.7 89.0 98.5 90.9 89.0 106.7 102.8 95.8 111.0 104.1 10011 Lumber and products Lumber Millwork and plywood 24 242 243 19.8 7.7 5.6 119.4 112.3 133.4 119.5 111.3 130.9 123.3 114.3 134.9 122.5 112.6 137.1 124.4 114.2 139.0 126.3 122.7 116.7 I 117.6 143.4 136.1 121.1 113.7 132.4 124.6 116.3 136.7 121.3 112.8 134.9 123.6 112.4 139.0 121.8 110.2 138.1 Furniture and fixtures Household furniture 25 251 115.1 6.0 3.2 | 113.4 113.4 109.3 117.5 114.4 118.4 116.5 119.6 118.1 119.2 116.5 116.1 116.6 112.6 110.8 115.2 113.8 115.0 113.1 120.1 117.4 117.0 109.5 Paper and products Wood pulp Paper Paperboard Paperboard containers Converted paper products 26 261 262 263 265 267 113.3 8.8 62.3 28.3 5.1 8.9 100.7 87.8 101.4 100.2 106.0 100.8 99.8 93.8 100.4 97.7 102.9 99.8 101.9 90.2 103.7 99.9 98.9 103.5 100.1 87.0 102.0 99.5 100.1 97.5 101.5 93.2 103.5 95.1 104.1 100.1 100.8 100.5 101.4 95.4 106.5 98.7 99.0 87.2 100.0 99.7 102.2 97.5 98.5 93.4 99.2 97.0 100.3 97.5 101.2 87.2 103.3 100.0 98.1 101.2 99.5 86.8 101.4 98.3 100.2 97.8 102.3 92.4 103.9 97.1 105.4 102.2 101.6 98.5 101.9 97.6 108.1 100.6 Printing and publishing Newspapers Commercial printing 27 271 275 17.3 3.6 9.2 112.4 104.7 113.4 110.5 102.3 110.8 112.4 101.3 113.5 111.8 101.1 112.7 109.4 103.3 108.5 112.3 108.1 110.4 102.8 96.7 103.3 102.2 94.6 102.8 104.8 94.8 105.6 106.4 98.6 106.7 113.5 108.1 112.5 123.0 118.0 121.5 28 Chemicals and products 281 Basic chemicals 2812 Alkalies and chlorine 2819 Inorganic chemicals, nee Acid and fertilizer materials Nuclear materials, nondefense 171.7 78.9 14.9 38.3 14.0 24.3 105.2 100.3 78.0 101.4 100.2 102.0 103.5 98.6 73.8 97.4 97.1 97.6 103.6 97.6 78.1 94.6 95.2 94.3 104.3 98.3 76.8 96.1 102.9 92.7 104.3 98.7 80.5 95.0 103.9 90.6 100.8 92.0 80.0 82.9 102.0 73.5 101.7 96.8 75.3 96.3 97.7 95.6 103.0 99.4 77.0 99.9 95.1 102.3 103.5 98.6 79.7 97.6 95.1 98.8 105.5 100.8 78.1 101.3 101.7 101.1 105.2 99.0 80.3 95.7 101.7 92.7 102.5 92.3 79.6 81.9 102.8 71.6 Coal mining Fats and oils Beverages Coffee and miscellaneous Tobacco products I 16 104.0 101.2 92.5 90.4 Table 9 (continued) ELECTRIC POWER USE: MANUFACTURING AND MINING I 1992 Biilion ^ Seasonallvadiusted index. 1992 = 100 | Not seasonally adjusted rim Feb. Mar. Aor. May*" June r prcsT JulvP Feb. 9.7 109.2 117.9 123.6 100.5 109.0 118.3 107.6 116.7 122.0 99.9 111.1 116.8 107.7 119.7 124.4 104.5 111.9 117.1 107.9 120.7 126.3 101.8 114.5 119.4 106.8 116.1 123.9 104.6 113.7 116.9 108.0 120.4 124.7 105.1 117.6 116.6 106.1 114.9 114.6 97.4 106.6 116.5 105.0 115.4 114.4 98.3 110.6 115.5 106.9 120.1 115.9 99.2 111.1 119.0 107.8 120.4 122.7 98.3 114.0 120.1 108.8 118.7 131.4 106.9 112.6 116.6 110.5 122.6 138.1 111.3 117.3 116.4 29 47.0 108.1 110.9 114.5 112.2 106.1 105.9 102.3 106.1 112.6 109.5 108.2 108.3 Rubber and plastics products Tires Rubber products, nee Plastics products, nee 30 301 306 308 38.0 28.9 124.5 101.7 110.9 131.3 121.8 100.7 108.0 128.2 125.3 102.6 110.1 132.2 124.9 103.1 106.8 132.3 123.9 104.2 109.2 130.3 125.8 104.3 108.6 132.9 123.0 100.1 110.9 129.6 122.4 100.1 109.3 129.1 124.2 101.8 107.0 131.2 125.1 101.9 107.2 132.9 127.9 107.3 113.1 134.5 126.8 106.3 109.7 133.7 Leather and products Shoes 31 314 1.0 .3 90.2 91.8 89.1 87.8 93.3 88.1 92.3 90.9 91.9 91.0 94.0 89.8 89.0 88.8 86.8 83.7 90.8 84.0 90.5 89.1 95.9 95.7 94.6 91.6 Stone, clay, & glass products Fiat glass Pressed and blown glass Cement Structural clay products Concrete products 32 321 322 324 325 327 33.8 111.1 108.2 100.3 115.8 117.9 106.7 108.7 104.7 101.0 108.2 115.6 108.0 112.7 107.8 104.4 113.3 119.5 109.4 110.1 104,0 101.7 110.8 113.2 108.9 111.0 111.2 99.7 111.2 112.0 108.8 111.9 110.7 105.7 110.5 112.5 110.5 103.9 104.4 99.1 95.1 113.2 101.8 104.1 104.0 100.1 95.2 114.0 104.4 110.6 105.9 103.1 108.1 118.7 108.3 111.7 104.9 102.4 115.3 114.9 109.2 114.0 114.5 101.2 117.3 115.0 110.4 112.8 112.4 105.4 115.0 114.1 110.3 Primary metals Basic steel and mill products Iron and steel foundries Primary nonferrous metals Aluminum 33 331 332 333 3334 336 150.9 57.0 97.8 110.8 9.9 115.8 66.2 | 80.8 69.1 60.3 2.7 119.6 96.4 109.6 113.9 79.7 65.4 115.7 97.3 111.6 117.0 78.8 65.7 118.9 97.0 113.6 113.6 76.7 63.6 117.1 98.2 113.9 115.3 78.5 64.7 118.2 98.3 96.0 113.8 111.1 118.1 112.3 76.2 79.0 64.8 63.5 117.5 i 121.0 98.7 113.6 118.2 80.2 66.2 118.1 98.5 113.5 120.7 79.0 65.8 120.1 98.3 115.5 114.3 77.8 66.3 116.4 98.3 113.5 115.1 79.2 66.1 117.4 95.7 108.1 107.0 80.1 66.6 112.1 Fabricated metal products Metal containers Hardware, tools, and cutlery Structural metal products Fasteners Metal stampings 34 341 342 344 345 346 31.4 110.2 108.0 107.8 115.6 113.5 122.8 114.0 112.6 112.1 119.8 117.4 126.9 114.2 118.2 111.2 124.1 113.7 127.9 113.9 111.6 108.6 121.4 117.7 127.0 114.6 114.4 109.1 123.0 115.9 127.6 112.0 109.7 109.1 118.1 115.3 125.9 111.8 109.2 107.5 117.9 114.4 126.8 112.4 112.7 109.3 117.7 114.8 125.9 112.8 116.8 109.8 121.0 112.7 127.5 115.8 114.9 111.7 120.5 119.6 130.5 115.7 119.2 112.1 123.1 117.8 123.5 Industrial machinery and equipment Engines and turbines Farm Construction and allied Metalworking Special industry General industrial Computer and office equip. Service industry machines 35 351 352 I 353 I 354 355 356 357 358 33.2 107.0 94.3 112.9 118.3 113.1 116.2 108.4 87.0 3.5 | 113.8 104.5 91.6 119.2 109.6 111.1 113.5 104.5 83.7 110.4 108.7 95.3 123.4 112.7 114.0 119.4 107.5 89.6 114.0 107.4 92.6 124.3 114.5 113.6 117.4 106.3 87.0 112.2 106.8 94.0 120.9 111.5 112.5 118.3 106.3 86.5 113.3 110.6 105.6 93.4 | 94.3 121.7 130.8 115.0 112.0 117.5 j 112.1 118.5 115.0 109.7 107.2 84.2 90.0 118.6 109.5 103.3 92.3 127.1 108.1 110.0 112.1 103.6 81.4 107.6 105.5 95.4 127.6 108.1 110.6 115.6 104.8 85.5 110.9 106.1 93.9 125.8 111.0 111.8 115.2 105.3 85.4 112.8 110.1 97.0 121.0 114.3 115.3 121.1 109.5 90.0 118.8 115.0 90.8 122.3 119.9 123.2 125.2 113.4 96.0 123.2 Electrical machinery Electrical distribution Electrical industrial Household appliances Lighting and wiring products TV and radio sets Communication equipment Electronic components 36 361 362 363 364 365 366 367 33.0 117.1 86.4 84.6 101.7 112.8 135.3 118.4 134.7 115.6 85.7 82.9 97.5 109.8 130.8 112.3 134.8 119.4 87.5 83.5 103.4 111.5 136.4 113.7 139.1 118.0 87.7 81.2 98.3 110.8 133.7 113.8 138.4 118.3 87.9 82.7 101.2 110.1 132.3 115.3 138.9 120.1 88.7 81.9 99.6 112.0 137.4 115.7 142.9 112.8 84.4 82.3 98.5 111.9 131.0 110.7 128.6 112.6 83.1 81.2 95.5 109.2 128.5 106.9 130.8 115.4 82.7 82.6 99.5 109.4 130.1 109.1 134.7 116.0 85.0 81.2 99.7 111.5 130.4 109.9 135.7 122.3 89.6 85.4 106.6 115.5 134.1 120.2 143.4 125.4 92.6 85.4 104.1 114.4 139.7 125.2 149.7 Transportation equipment Motor vehicles and parts Aircraft and parts Ships and boats 37 371 372 373 39.6 22.8 10.7 107.1 120.3 83.7 86.6 104.9 117.2 82.6 85.0 107.9 121.0 85.3 81.7 107.1 119.8 85.1 87.8 106.5 118.1 86.2 85.9 106.6 104.5 116.8 116.6 88.9 I 81.7 80.4 88.9 104.1 116.7 80.7 86.1 104.9 117.3 82.7 81.9 106.1 118.7 84.2 84.9 111.5 124.4 90.0 86.2 108.2 117.1 92.2 82.1 Instruments Photographic equip. & supplies 386 1.8 101.9 95.8 99.4 90.9 103.1 98.2 102.0 94.1 100.5 91.6 100.8 94.9 97.2 93.7 96.2 92.4 97.5 91.2 98.3 91.5 104.3 93.0 108.2 98.3 4.5J 130.6 126.2 131.4 129.5 129.6 133.3 j 127.3 123.2 126.3 127.4 133.7 139.0 107.0 107.5 99.3 105.7 105.6 99.1 107.7 107.4 102.2 107.1 106.4 103.2 107.1 107.0 101.3 107.6 106.9 100.7 104.0 104.2 95.3 104.1 104.3 100.6 106.1 106.1 100.2 106.5 106.7 99.7 109.0 109.0 97.8 108.9 107.7 100.9 -item 1 ^ 7 sic KWH Chemicals and Products (cont.) Synthetic materials 282 2821 Plastics materials 283 Drugs and medicines 284 Soap and toiletries 286 Industrial organ c chemicals 287 Agricultural chemicals Petroleum products Miscellaneous manufactures SUPPLEMENTARY GROUPS Total, excluding nuclear nondefense Utility sales to Industry Industrial generation 29.2 18.3 6.7 3.0 39.2 4.3 3.2 1.5 7.3 9.6 1.4 4.7 I 111.0 111.0 2.9 2.7 | 109.7 5.4 I 114.7 1.7 114.9 6.7 123.9 2.6 2.0 3.8 4.1 2.4 5.2 5.1 1.3 4.0 2.4 3.0 .8 3.3 14.5 2.2 38 I 39 j 13.7 j 909.8 835.3 98.8 17 Mar. Aor. Ma^ June1" JulvP 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. The release also includes monthly indexes on the use of electric power in manufacturing and mining. Data in the release and historical data are available under statistical releases at http://www.bog.frbied.us, the Board's World Wide Web site. These data are also available on line on the day of issue through the Economic Bulletin Board of the Department of Commerce. For information, call (202) 482-1986. Diskettes containing historical data and the data published in this release are available from the Board of Governors of the Federal Reserve System, Publications Services, (202) 452-3245. Industrial Production Coverage. The industrial production (IP) index measures output in the manufacturing, mining, and electric and gas utilities industries; the reference period for the index is 1992. For the period since 1992, the total IP index has been constructed from 264 individual series based on the 1987 Standard Industrial Classification (SIC). These individual series are classified in two ways: (1) market groups (shown in table 1), such as consumer goods, equipment, intermediate products, and materials; and (2) industry groups (shown in tables 2 and 6), such as two-digit SIC industries and major aggregates of these industries—for example, durable and nondurable manufacturing, mining, and utilities. Market groups. For purposes of analysis, the individual IP series are grouped into final products, intermediate products, and materials. Final products are assumed to be purchased by consumers, businesses, or government for final use. Intermediate products are expected to become inputs in nonindustrial sectors, such as construction, agriculture, and services. Materials are industrial output requiring further processing within the industrial sector. Total products comprise final and intermediate products, and final products are divided into consumer goods and equipment. Timing. The first estimate of output for a month is published around the 15th of the following month. The estimate is preliminary (denoted by the superscript "p" in tables) and subject to revision in each of the subsequent three months as new source data become available. (Revised estimates are denoted by the superscript "r" in tables.) After the fourth month, indexes are not revised further until the time of an annual revision or a benchmark revision. The last three benchmark revisions were published in 1990,1985, and 1976. 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 Department of the Interior; 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 me first and second estimates for a given month, the available source data are limited and subject to revision. Weights. In the index, scries 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 as an annually weighted chain-type index since 1977. The components of IP are combined using estimates of value added per unit of output. For months from January to June, the weights are drawn from the year containing the month being estimated and the preceding year; for months from July to December, the weights are drawn from the current and following year. The IP proportions shown in column 1 of tables 1 A, 2A, and 6 are estimates of the industries* relative contributions to overall growth in the following year. For example, a 1 percent increase in durable goods manufacturing in 1997 would account for an increase in total IP of nearly 1/2 percent. from the first to the fourth estimates was 0.21 percentage point during the 1987-96 period. In most cases (about 81 percent), the direction of change in output indicated by the first estimate for a given month is the same as that shown by the fourth estimate. Rounding. 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. 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 76 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 input. 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. 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 current-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 have exceeded 90 percent only in wartime. Electric Power Data on electric power (expressed in kilowatt hours) are collected by the Federal Reserve District Banks from electric utilities and also from manufacturing and mining establishments that generate electric power for their own use (cogenerators). The indexes of power use shown in table 9 are sums of kilowatt hours used by an industry or industry group expressed as a percentage of that industry's or group's usage in 1992. 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 1992 censuses of those industries. The supplementary group, "Total, less nuclear nbndefense," is shown separately because the value-added proportion for the nondefense nuclear material series (part of SIC 2819) 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. References The annual revision published in January, including a description of the aggregation methods for industrial production and capacity utilization, is described in the Federal Reserve Bulletin, vol. 83 (February 1997), pp. 67-92. In addition, the most recent revision to the electric power use data is discussed in that article. Industrial Production—1986 Edition contains a more detailed description of the other methods used to compile the industrial production index, plus a history of its development, a glossary of terms, and a bibliography. To obtain Industrial Production—1986 Edition ($9.00 per copy), write to Board of Governors of the Federal Reserve System, Publications Services, Washington, DC 20551. The major revisions to me IP indexes and capacity utilization since 1990 have been described in the Federal Reserve Bulletin (April 1990, June 1990, June 1993, March 1994, January 1995, and January 1996). The basic methodology used to estimate capacity and utilization is discussed in die June 1990 Federal Reserve Bulletin. Seasonal adjustment. Individual series are seasonally adjusted by the X-l 1ARIMA method, developed at Statistics Canada. For series based on production-worker hours, the current seasonal factors were estimated with data through October 1996; for other series, the factors were estimated with data through at least June 1996. In some cases, series were preadjusted for the effects of holidays or the business cycle before using X—11 ARIMA. For the data since 1977, all seasonally adjusted aggregate indexes are calculated by aggregating the seasonally adjusted indexes of the individual series. Release Schedule for 1997 Reliability. The average revision to the level of the total IP index, without regard to sign, between the first and the fourth estimates was 0.28 percent during the 1987-96 period. The average revision to the percent change in total IP, without regard to sign, At 9:15 a.m. on January 17, February 14, March 14, April 16, May 15, June 17, July 16, August 14, September 16, October 17, November 17, and December 15. 18