FEDERAL RESERVE STATISTICAL RELEASE G.17 (419) For release at 9:15 a.m. (EDT) July 16, 1998 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION Industrial production declined 0.6 percent in June after a revised gain of 0.3 percent in May. Ongoing strikes, which have curtailed the output of motor vehicles and parts, accounted for the decrease in industrial production. Excluding motor vehicles, the output of business equipment posted a strong gain in June; the output of most other major market groups weakened or remained about unchanged. At 128.1 percent of its 1992 average, industrial production in June was 3.7 percent higher than it was in June 1997; excluding the output of motor vehicles and parts, the twelve-month increase was 4.1 percent. Capacity utilization dropped 0.8 percentage point in June, to 81.6 percent. For the second quarter, industrial output rose 2.5 percent at an annual rate after a gain of 1.2 percent in the first quarter. The improvement in the second quarter was largely attributable to a rebound in utility output as temperatures throughout the country returned to more normal levels. However, manufacturing production decelerated from a 2.3 percent rate of increase in the first quarter to a 1.7 percent rate in the second quarter; manufacturing output excluding motor vehicles also slowed. Market Groups ------------- The output of consumer goods declined 1.2 percent in June, with the decline in motor vehicles accounting for much of the loss. The production of other consumer durables also fell noticeably and reversed most of the 1.8 percent increase in May. The output of consumer nondurable goods was unchanged in June. The production of nonenergy products has remained sluggish for several months; energy products, a category that was quite volatile earlier in the year, was also little changed last month. The production of business equipment was unchanged; it was restrained by the drop in assemblies of business vehicles that led to a 5.2 percent decline in the output of transit equipment. Excluding motor vehicles, the production of business equipment advanced sharply in June. Led by a sharp increase in the production of construction machinery, the output of industrial equipment rebounded 2.2 percent after falling in May. The production of other equipment--notably farm machinery and equipment and office furniture and fixtures--also bounced back and more than reversed the decline in May. The output of information processing equipment advanced further, mainly on the strength of gains in the production of computing and office equipment and telephone apparatus. The output of construction supplies edged down 0.3 percent after having increased 1.1 percent in May and remained close to the high level seen in the first quarter. The production of materials declined 0.6 percent, with weakness both in the durable goods materials used to make motor vehicles and in energy materials. The production of nondurable goods materials was flat, as activity in paper materials declined further and the output of textiles and chemicals continued to be sluggish. Industry Groups --------------- Manufacturing output declined 0.6 percent, largely owing to the 11 percent drop in production in the motor vehicle and parts industry. Although the strike in the motor vehicle and parts industry contributed significantly to the 1.0 percent drop in production in durable manufacturing, weakness was evident in other industries as well. Output rose in only three industry groups within durables: stone, clay, and glass products; industrial machinery and computing equipment; and electrical machinery. The output of nondurables was little changed, as gains in chemicals and products and in petroleum products were offset by declines in all other industries. Mining activity decreased 2 percent, and output at utilities rose 0.4 percent. The factory operating rate decreased 0.8 percentage point, to 80.3 percent. The rate for advanced-processing industries fell 1.0 percentage point, to 78.5 percent; the operating rate for motor vehicles and parts fell 8.4 percentage points, a decrease mostly reflecting effects of strikes. The rate for primary-processing industries declined 0.4 percentage point, to 84.3 percent, and has fallen 2 percentage points since the end of last year. The operating rate at mines dropped 1.9 percentage points, to 89.1 percent, while the rate at utilities increased 0.3 percentage point, to 91.3 percent. This release contains revised estimates of capacity for selected industries for the period March through December 1998. The revision lowered the estimated growth of aggregate capacity 0.5 percentage point between December 1997 and December 1998. In addition, the industrial production indexes were revised to reflect the semiannual revision to seasonal factors for motor vehicle assemblies and for series that use production-worker hours as their monthly indicator. Seasonal factors were not changed for the period before March 1998. INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY Seasonally adjusted | Index, 1992=100 | Percent change | 1998 | 1998 | June 97 to Industrial Production | Mar. Apr. May June | Mar. Apr. May June | June 98 ------------------------------------------------------------------------------------------------------------------------ | | | Total index | 128.0 128.5 128.9 128.1 | .5 .4 .3 -.6 | 3.7 Previous estimates | 127.8 128.2 128.8 | .4 .3 .5 | | | | Major market groups: | | | Products, total | 121.3 121.9 122.1 121.4 | .6 .5 .2 -.6 | 3.2 Consumer goods | 116.0 116.7 116.9 115.5 | .8 .6 .2 -1.2 | 1.8 Business equipment | 148.7 150.2 150.5 150.6 | 1.3 1.0 .3 .0 | 7.4 Construction supplies | 124.2 124.0 125.3 125.0 | -1.6 -.2 1.1 -.3 | 2.3 Materials | 138.7 139.2 139.7 138.8 | .4 .4 .3 -.6 | 4.4 | | | Major industry groups: | | | Manufacturing | 130.8 131.6 131.7 130.9 | .2 .6 .0 -.6 | 3.8 Durable | 148.6 149.6 150.3 148.8 | .5 .7 .5 -1.0 | 5.4 Nondurable | 112.6 113.3 112.7 112.6 | -.3 .6 -.5 -.1 | 1.9 Mining | 108.0 107.0 108.0 105.8 | -.7 -.9 .9 -2.0 | .1 Utilities | 114.3 113.5 116.2 116.7 | 5.7 -.7 2.4 .4 | 5.3 ------------------------------------------------------------------------------------------------------------------------ | | Capacity | Percent of Capacity | Growth | Average 1982 1988-89 1997 | 1998 | June 97 to Capacity Utilization | 1967-97 Low High June | Mar. Apr. May June | June 98 ------------------------------------------------------------------------------------------------------------------------ | | | Total industry | 82.1 71.1 85.4 82.3 | 82.4 82.4 82.4 81.6 | 4.6 Previous estimates | | 82.2 82.1 82.2 | | | | Manufacturing | 81.1 69.0 85.7 81.3 | 81.2 81.4 81.1 80.3 | 5.2 Advanced processing | 80.5 70.4 84.2 79.4 | 79.5 79.7 79.5 78.5 | 6.0 Primary processing | 82.4 66.2 88.9 85.8 | 85.1 85.3 84.7 84.3 | 3.3 Mining | 87.5 80.3 88.0 89.6 | 91.2 90.3 91.0 89.1 | .7 Utilities | 87.3 75.9 92.6 87.7 | 89.6 88.9 91.0 91.3 | 1.1 ------------------------------------------------------------------------------------------------------------------------ Note: Estimates for June are preliminary. Estimates from March to May are revised. Table 1A INDUSTRIAL PRODUCTION: MARKET GROUPS | | Index, 1992=100 | 1997 | Seasonally adjusted | Not seasonally adjusted | IP | 1998 | 1998 Item |Proportion<1>| Jan. Feb. Mar. Apr. May June | Jan. Feb. Mar. Apr. May June -------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total index | 100.00 | 127.8 127.3 128.0 128.5 128.9 128.1 | 126.0 127.2 127.6 126.1 127.2 130.2 | | | Products, total | 59.88 | 121.3 120.6 121.3 121.9 122.1 121.4 | 118.8 119.6 120.1 118.7 119.7 123.5 Final products | 45.07 | 122.6 121.5 122.6 123.3 123.5 122.5 | 120.8 121.9 122.6 120.2 121.1 124.4 | | | Consumer goods | 28.08 | 116.6 115.1 116.0 116.7 116.9 115.5 | 115.7 115.0 115.7 113.1 113.4 117.1 Durable | 5.82 | 135.6 134.3 135.2 136.5 138.5 131.0 | 128.9 139.5 142.4 139.1 140.4 133.6 Automotive products | 2.56 | 132.6 131.0 132.4 134.5 136.1 122.2 | 122.9 141.4 146.6 139.6 142.2 124.6 Autos and trucks | 1.57 | 139.9 137.2 137.7 140.2 142.3 117.6 | 125.5 155.1 159.6 147.7 154.0 120.4 Autos | .64 | 116.0 105.7 107.4 108.3 109.3 94.6 | 102.1 118.3 121.6 112.5 119.0 95.4 Trucks | .93 | 168.2 172.7 172.0 176.0 179.3 144.1 | 149.9 192.7 198.6 183.6 189.9 146.1 Auto parts and allied goods | .99 | 120.9 121.0 123.7 125.3 126.0 127.3 | 117.8 120.7 126.8 126.9 124.1 129.0 Other durable goods | 3.26 | 138.0 136.9 137.4 138.1 140.5 138.1 | 133.7 138.1 139.1 138.6 139.0 140.7 Appliances and electronics | .85 | 186.4 188.6 192.5 194.7 200.1 195.9 | 178.9 195.4 196.2 194.6 199.3 204.7 Appliances and air cond. | .47 | 133.9 135.0 132.8 134.7 138.7 132.1 | 130.0 146.8 142.5 139.4 140.6 138.4 Home electronics | .38 | 265.4 269.1 286.6 288.8 295.9 298.5 | 251.5 263.2 275.8 278.0 289.6 311.6 Carpeting and furniture | .82 | 122.5 117.7 116.5 117.4 122.6 119.1 | 116.3 118.0 117.9 122.5 117.2 122.3 Miscellaneous | 1.60 | 121.0 120.7 120.8 120.7 120.4 119.3 | 119.0 119.9 121.5 118.8 120.6 119.1 Nondurable | 22.26 | 112.0 110.4 111.3 111.8 111.6 111.6 | 112.3 109.2 109.4 106.9 107.0 113.0 Nonenergy | 18.98 | 112.8 111.4 111.1 111.8 111.4 111.3 | 107.7 106.9 107.5 107.4 108.9 115.3 Foods and tobacco | 9.74 | 113.0 111.8 111.3 112.1 112.0 111.3 | 107.3 106.7 107.7 107.4 109.2 115.9 Clothing | 1.81 | 95.2 93.5 94.7 94.7 93.2 93.0 | 89.2 91.1 92.4 92.0 94.4 97.9 Chemical products | 4.53 | 122.9 121.8 122.2 123.4 122.9 123.9 | 116.8 114.4 115.1 115.4 118.0 129.1 Paper products | 2.90 | 110.2 107.8 106.2 106.5 105.7 106.2 | 109.0 107.7 106.9 106.9 105.3 105.6 Energy products | 3.28 | 107.4 104.6 112.6 112.0 113.6 113.8 | 139.7 122.8 120.3 104.3 95.8 100.0 Fuels | 1.07 | 110.5 110.0 111.3 111.7 109.7 110.3 | 106.9 104.6 105.9 111.1 111.0 112.2 Utilities | 2.21 | 105.4 101.5 112.8 111.6 115.1 115.1 | 155.4 131.3 126.9 100.4 87.8 93.5 | | | Equipment, total | 17.00 | 133.1 133.1 134.3 135.0 135.3 134.9 | 129.8 134.0 134.8 133.0 135.0 137.4 Business equipment | 13.91 | 147.3 146.8 148.7 150.2 150.5 150.6 | 143.0 148.4 149.9 148.0 150.4 153.9 Information processing & related | 5.28 | 175.4 178.0 179.7 182.5 183.4 184.7 | 170.7 174.7 175.3 177.3 179.8 189.2 Computer and office | .96 | 457.1 476.1 499.2 515.1 533.3 543.4 | 431.8 460.5 468.7 498.8 519.0 571.1 Industrial | 4.51 | 136.4 134.2 137.4 137.7 136.3 139.3 | 132.8 135.3 138.2 134.9 135.7 142.3 Transit | 2.68 | 119.8 117.9 117.8 119.0 121.9 115.6 | 114.4 125.3 126.3 121.6 127.3 117.8 Autos and trucks | 1.32 | 121.1 116.4 117.1 119.4 122.7 107.7 | 108.8 131.0 132.7 126.5 133.7 109.6 Other | 1.44 | 133.6 132.7 135.2 136.3 135.2 136.7 | 131.6 136.2 136.6 134.5 134.6 138.9 Defense and space equipment | 2.02 | 75.7 75.9 75.3 75.1 75.4 75.8 | 76.1 76.1 75.6 73.4 74.5 75.4 Oil and gas well drilling | .86 | 154.0 158.9 158.6 150.5 148.1 137.5 | 154.0 154.6 147.9 147.7 146.4 137.8 Manufactured homes | .21 | 144.0 148.6 145.4 146.9 146.7 145.9 | 124.3 142.1 147.8 154.6 151.0 158.4 | | | Intermediate products | 14.80 | 117.4 117.6 117.3 117.6 118.0 118.0 | 112.8 112.7 112.7 114.0 115.4 120.9 Construction supplies | 5.74 | 125.2 126.2 124.2 124.0 125.3 125.0 | 115.8 118.7 119.2 120.8 126.1 131.7 Business supplies | 9.07 | 112.9 112.6 113.2 113.9 113.6 113.9 | 111.0 109.2 108.9 110.0 109.1 114.5 | | | Materials | 40.12 | 138.2 138.2 138.7 139.2 139.7 138.8 | 137.5 139.6 139.9 138.1 139.3 140.9 | | | Durable | 22.62 | 166.2 165.8 166.4 167.7 167.9 166.5 | 162.8 166.9 168.0 166.1 168.4 169.6 Consumer parts | 4.25 | 138.5 139.3 139.3 141.6 142.8 135.1 | 137.3 145.7 148.7 145.9 148.2 142.4 Equipment parts | 8.29 | 245.5 245.7 247.7 249.6 250.4 251.8 | 243.7 246.1 247.7 243.2 248.6 253.4 Other | 10.08 | 128.8 127.7 127.8 128.4 127.8 127.7 | 124.2 127.2 127.3 127.0 127.7 129.9 Basic metals | 3.30 | 125.0 125.4 122.8 122.1 122.1 121.2 | 123.4 128.0 125.4 123.3 122.7 121.6 Nondurable | 8.88 | 114.5 114.8 113.5 114.0 113.3 113.2 | 114.0 115.6 114.7 115.9 113.5 114.8 Textile | .91 | 107.9 108.5 107.6 107.7 107.2 107.3 | 107.9 109.7 109.7 110.1 111.4 109.1 Paper | 1.85 | 112.3 114.0 111.8 111.9 110.7 110.0 | 113.7 115.6 112.4 112.1 109.9 111.2 Chemical | 4.28 | 119.2 117.6 116.6 117.5 116.4 116.6 | 117.8 119.1 117.8 120.4 117.3 117.6 Other | 1.84 | 109.4 112.5 111.5 111.6 111.8 111.9 | 108.8 110.7 112.4 112.6 109.8 114.7 Energy | 8.62 | 103.7 103.7 106.0 105.1 107.2 106.5 | 107.3 106.2 106.2 102.0 104.5 107.0 Primary | 5.59 | 102.8 103.0 104.0 102.8 105.1 103.9 | 104.8 105.9 104.9 101.4 103.8 104.8 Converted fuel | 3.03 | 105.5 105.0 109.6 109.4 111.3 111.7 | 112.1 106.8 108.6 103.3 105.7 111.2 | | | SPECIAL AGGREGATES | | | | | | Total excluding: | | | Autos and trucks | 97.11 | 127.7 127.3 128.0 128.5 128.7 128.5 | 126.2 126.7 127.1 125.8 126.7 130.6 Motor vehicles and parts | 94.84 | 127.3 126.9 127.5 128.0 128.3 128.2 | 125.7 126.1 126.3 125.1 126.0 130.1 Computers | 98.52 | 124.9 124.3 124.8 125.3 125.6 124.7 | 123.1 124.2 124.6 123.0 123.9 126.7 Computers and semiconductors | 95.15 | 118.0 117.4 117.9 118.3 118.5 117.6 | 116.4 117.4 117.7 116.1 116.9 119.5 | | | Consumer goods excluding: | | | Autos and trucks | 26.51 | 115.4 113.9 114.8 115.4 115.5 115.3 | 115.1 112.9 113.4 111.3 111.3 116.8 Energy | 24.80 | 117.9 116.5 116.4 117.3 117.3 115.7 | 112.4 113.9 115.0 114.3 115.8 119.4 | | | Business equipment excluding: | | | Autos and trucks | 12.59 | 150.5 150.5 152.6 153.9 153.9 155.9 | 147.2 150.4 151.8 150.5 152.4 159.3 Computer and office equipment | 12.96 | 132.7 131.7 133.0 134.0 133.9 133.7 | 128.9 133.4 134.6 132.1 134.0 136.1 | | | Materials excluding: | | | Energy | 31.50 | 149.4 149.3 149.2 150.3 150.1 149.2 | 147.0 150.3 150.7 149.9 150.5 151.8 -------------------------------------------------------------------------------------------------------------------------------------------------------- <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. Note: Estimates for June are preliminary. Estimates from March to May are revised. Table 1B INDUSTRIAL PRODUCTION: MARKET GROUPS Percent change | | Seasonally adjusted | | | | 1996 Q4 | annual rate | Seasonally adjusted | Not seasonally adjusted | June 97 | to | 1997 1998 | 1998 | 1998 | to Item | 1997 Q4 | Q3 Q4 Q1 Q2 | Mar. Apr. May June | Mar. Apr. May June | June 98 ------------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | | Total index | 5.8 | 6.0 7.2 1.2 2.5 | .5 .4 .3 -.6 | .3 -1.2 .8 2.4 | 3.7 | | | | | Products, total | 4.7 | 4.4 7.0 .9 2.4 | .6 .5 .2 -.6 | .4 -1.2 .8 3.2 | 3.2 Final products | 5.1 | 5.6 7.0 .6 2.8 | .9 .5 .2 -.8 | .6 -1.9 .7 2.7 | 3.2 | | | | | Consumer goods | 2.8 | 2.6 6.6 -.9 1.6 | .8 .6 .2 -1.2 | .6 -2.2 .2 3.3 | 1.8 Durable | 6.0 | 6.6 11.1 2.5 .9 | .7 1.0 1.5 -5.5 | 2.1 -2.4 1.0 -4.9 | .9 Automotive products | 8.7 | 12.5 20.9 -7.2 -3.2 | 1.1 1.6 1.2 -10.2 | 3.7 -4.8 1.8 -12.4 | -3.6 Autos and trucks | 11.1 | 18.2 35.5 -13.5 -13.5 | .4 1.8 1.5 -17.4 | 2.9 -7.5 4.3 -21.8 | -9.8 Autos | 3.7 | 22.9 -2.3 -21.3 -18.9 | 1.7 .8 1.0 -13.5 | 2.8 -7.4 5.8 -19.8 | -14.6 Trucks | 15.8 | 14.6 69.0 -8.3 -10.1 | -.4 2.3 1.9 -19.6 | 3.0 -7.5 3.4 -23.0 | -6.5 Auto parts and allied goods | 5.0 | 4.2 .7 4.2 14.9 | 2.2 1.3 .6 1.0 | 5.1 .1 -2.1 3.9 | 5.9 Other durable goods | 4.0 | 2.3 3.8 10.8 4.2 | .4 .5 1.8 -1.7 | .7 -.3 .3 1.2 | 4.4 Appliances and electronics | 7.7 | 12.2 12.0 36.3 17.3 | 2.1 1.1 2.8 -2.1 | .4 -.8 2.4 2.7 | 18.5 Appliances and air cond. | -.9 | -4.8 5.8 29.5 3.9 | -1.7 1.4 3.0 -4.8 | -2.9 -2.2 .9 -1.6 | 4.9 Home electronics | 19.1 | 38.8 19.7 44.4 33.9 | 6.5 .7 2.5 .9 | 4.8 .8 4.2 7.6 | 36.3 Carpeting and furniture | 2.4 | -3.5 5.9 1.5 2.8 | -1.0 .8 4.4 -2.9 | -.1 3.9 -4.3 4.3 | .1 Miscellaneous | 2.8 | .4 -1.4 2.9 -2.2 | .1 -.1 -.2 -.9 | 1.3 -2.2 1.5 -1.3 | -.8 Nondurable | 2.0 | 1.6 5.4 -1.8 1.7 | .8 .5 -.1 .0 | .2 -2.2 .0 5.6 | 2.0 Nonenergy | 2.0 | 1.2 5.1 1.8 -1.0 | -.3 .7 -.4 -.1 | .6 -.1 1.4 5.8 | 1.7 Foods and tobacco | 1.5 | 1.1 4.1 7.2 -.9 | -.5 .7 -.1 -.6 | .9 -.2 1.6 6.1 | 2.9 Clothing | -1.5 | .1 -1.6 -4.4 -3.4 | 1.3 .0 -1.6 -.1 | 1.4 -.4 2.7 3.6 | -2.4 Chemical products | 4.0 | -.6 11.5 1.0 3.7 | .3 .9 -.4 .8 | .6 .3 2.2 9.4 | 4.1 Paper products | 2.8 | 4.8 2.8 -10.1 -7.0 | -1.6 .3 -.8 .5 | -.7 .0 -1.6 .3 | -3.3 Energy products | 1.9 | 3.9 7.4 -20.4 19.5 | 7.7 -.6 1.5 .1 | -2.0 -13.3 -8.1 4.5 | 3.8 Fuels | 1.7 | -2.2 -3.1 4.8 -.1 | 1.2 .4 -1.8 .5 | 1.2 4.9 -.1 1.1 | -1.1 Utilities | 1.9 | 7.0 12.9 -30.5 30.7 | 11.2 -1.1 3.1 .0 | -3.3 -20.9 -12.6 6.6 | 6.3 | | | | | Equipment, total | 8.8 | 10.6 7.7 3.1 4.7 | .9 .5 .2 -.3 | .6 -1.3 1.5 1.8 | 5.6 Business equipment | 10.8 | 13.5 10.7 1.1 7.9 | 1.3 1.0 .3 .0 | 1.0 -1.3 1.7 2.3 | 7.4 Information processing & related | 12.2 | 16.4 9.4 6.3 13.8 | 1.0 1.6 .5 .7 | .3 1.1 1.4 5.2 | 10.7 Computer and office | 34.5 | 48.3 26.8 53.1 52.5 | 4.8 3.2 3.5 1.9 | 1.8 6.4 4.0 10.1 | 44.6 Industrial | 5.6 | 9.0 6.8 -2.0 5.4 | 2.4 .2 -1.0 2.2 | 2.1 -2.4 .6 4.9 | 5.7 Transit | 17.6 | 21.4 25.8 1.5 1.2 | .0 1.0 2.5 -5.2 | .8 -3.7 4.7 -7.5 | 7.7 Autos and trucks | 8.5 | 14.0 21.8 -15.5 -5.3 | .6 1.9 2.8 -12.3 | 1.3 -4.7 5.7 -18.1 | -5.2 Other | 9.5 | 3.4 1.5 -8.8 6.8 | 1.9 .8 -.8 1.1 | .3 -1.5 .1 3.2 | .3 Defense and space equipment | -2.6 | -4.2 -1.5 5.8 -1.1 | -.8 -.3 .5 .4 | -.7 -3.0 1.5 1.2 | -.3 Oil and gas well drilling | 9.1 | 4.8 -11.1 26.0 -26.8 | -.2 -5.1 -1.6 -7.1 | -4.3 -.1 -.9 -5.9 | -8.9 Manufactured homes | -1.2 | -3.5 -11.7 33.7 1.4 | -2.2 1.1 -.2 -.5 | 4.0 4.7 -2.4 4.9 | 4.9 | | | | | Intermediate products | 3.7 | 1.0 6.9 1.6 1.4 | -.3 .3 .3 .0 | .0 1.1 1.2 4.8 | 2.9 Construction supplies | 2.2 | -2.0 4.1 8.5 -1.3 | -1.6 -.2 1.1 -.3 | .4 1.4 4.4 4.4 | 2.3 Business supplies | 4.6 | 2.9 8.7 -2.5 3.2 | .5 .6 -.2 .3 | -.2 1.0 -.9 5.0 | 3.3 | | | | | Materials | 7.3 | 8.4 7.6 1.7 2.6 | .4 .4 .3 -.6 | .2 -1.2 .8 1.2 | 4.4 | | | | | Durable | 11.2 | 12.1 12.1 3.0 3.0 | .3 .8 .1 -.8 | .7 -1.1 1.4 .7 | 6.1 Consumer parts | 7.0 | 12.5 10.8 -12.3 2.2 | .0 1.6 .8 -5.4 | 2.1 -1.9 1.6 -3.9 | -.8 Equipment parts | 21.5 | 20.9 19.1 15.9 7.3 | .8 .8 .3 .6 | .6 -1.8 2.2 1.9 | 14.5 Other | 4.6 | 4.8 6.9 -.6 -.5 | .1 .4 -.4 -.1 | .1 -.2 .5 1.7 | 2.1 Basic metals | 4.7 | 5.2 5.6 3.8 -8.0 | -2.1 -.5 .0 -.7 | -2.0 -1.7 -.5 -.9 | .0 Nondurable | 3.5 | 2.8 5.3 -.8 -2.7 | -1.1 .4 -.7 .0 | -.8 1.1 -2.1 1.1 | 1.2 Textile | 3.9 | 11.0 3.9 -12.9 -2.2 | -.9 .1 -.5 .1 | .0 .3 1.2 -2.0 | -.8 Paper | 3.3 | 5.7 -1.9 -1.4 -6.3 | -1.9 .0 -1.1 -.5 | -2.8 -.2 -2.0 1.2 | -.8 Chemical | 3.3 | 2.0 7.0 3.3 -3.3 | -.9 .8 -.9 .1 | -1.0 2.2 -2.6 .3 | 2.4 Other | 3.8 | -1.9 9.7 -3.1 2.3 | -.9 .1 .2 .1 | 1.5 .2 -2.5 4.5 | 1.0 Energy | 1.1 | 4.4 -1.5 .8 7.1 | 2.2 -.8 2.1 -.6 | -.1 -3.9 2.4 2.4 | 3.3 Primary | .4 | 2.7 -3.9 8.2 2.5 | 1.0 -1.2 2.2 -1.2 | -1.0 -3.4 2.5 .9 | 2.8 Converted fuel | 2.2 | 7.5 3.1 -11.6 16.3 | 4.4 -.2 1.8 .3 | 1.6 -4.9 2.4 5.2 | 4.0 | | | | | SPECIAL AGGREGATES | | | | | | | | | | Total excluding: | | | | | Autos and trucks | 5.6 | 5.7 6.6 1.7 2.9 | .5 .4 .2 -.2 | .3 -1.0 .7 3.1 | 4.0 Motor vehicles and parts | 5.4 | 5.3 6.4 2.4 3.0 | .5 .4 .2 .0 | .2 -1.0 .7 3.3 | 4.1 Computers | 5.3 | 5.4 6.9 .4 1.7 | .4 .4 .2 -.7 | .3 -1.3 .8 2.2 | 3.0 Computers and semiconductors | 4.1 | 4.2 6.1 -.6 1.3 | .4 .3 .2 -.7 | .3 -1.4 .7 2.2 | 2.2 | | | | | Consumer goods excluding: | | | | | Autos and trucks | 2.4 | 1.8 5.0 -.1 2.5 | .8 .5 .1 -.2 | .4 -1.9 .0 5.0 | 2.5 Energy | 3.0 | 2.4 6.4 2.0 -.5 | .0 .7 .0 -1.4 | 1.0 -.7 1.3 3.1 | 1.5 | | | | | Business equipment excluding: | | | | | Autos and trucks | 11.0 | 13.5 9.6 3.0 9.2 | 1.4 .9 .0 1.3 | .9 -.9 1.2 4.6 | 8.7 Computer and office equipment | 9.0 | 11.1 9.6 -2.4 4.4 | 1.0 .8 .0 -.2 | .9 -1.9 1.5 1.6 | 4.8 | | | | | Materials excluding: | | | | | Energy | 9.0 | 9.4 10.1 2.0 1.4 | -.1 .7 -.1 -.6 | .3 -.5 .4 .8 | 4.7 ------------------------------------------------------------------------------------------------------------------------------------------------------------- Notes: Percent changes shown in the first and last columns are based on seasonally adjusted data. Estimates for June are preliminary. Estimates from March to May are revised. Table 2A INDUSTRIAL PRODUCTION: INDUSTRY GROUPS | | Index, 1992=100 | 1997 | Seasonally adjusted | Not seasonally adjusted | IP | 1998 | 1998 Item |Proportion<1>| Jan. Feb. Mar. Apr. May June | Jan. Feb. Mar. Apr. May June -------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Total index | 100.00 | 127.8 127.3 128.0 128.5 128.9 128.1 | 126.0 127.2 127.6 126.1 127.2 130.2 | | | Manufacturing | 85.97 | 131.1 130.6 130.8 131.6 131.7 130.9 | 127.0 129.4 130.2 129.8 130.9 133.9 | | | Primary processing | 27.58 | 120.6 120.1 119.8 120.4 119.8 119.5 | 117.4 119.3 119.4 120.2 119.8 121.9 Advanced processing | 58.39 | 136.4 135.8 136.3 137.3 137.6 136.6 | 131.7 134.4 135.6 134.5 136.5 139.9 | | | Durable | 46.43 | 148.3 147.8 148.6 149.6 150.3 148.8 | 144.1 149.0 150.4 148.4 150.6 151.8 Lumber and products 24 | 2.08 | 114.8 116.7 115.6 116.6 116.9 116.6 | 109.2 114.0 114.5 116.8 115.5 120.3 Furniture and fixtures 25 | 1.39 | 122.5 120.4 123.0 122.5 122.5 122.1 | 117.9 120.2 120.6 120.5 119.0 123.2 Stone, clay, and glass products 32 | 2.24 | 122.3 121.4 120.7 119.8 120.2 120.6 | 114.7 115.7 117.3 119.9 121.3 125.1 | | | Primary metals 33 | 3.47 | 129.3 128.1 127.1 127.1 126.4 125.2 | 128.3 131.8 130.8 128.9 127.5 125.5 Iron and steel 331,2 | 1.86 | 127.9 127.0 126.7 125.9 124.5 122.0 | 126.2 131.4 130.7 129.4 126.0 122.1 Raw steel | .09 | 122.8 123.7 119.5 122.8 122.3 116.2 | 123.1 128.5 124.8 125.3 122.5 116.4 Nonferrous 333-6,9 | 1.61 | 131.0 129.4 127.5 128.6 128.8 129.1 | 130.8 132.2 131.0 128.2 129.2 129.5 Fabricated metal products 34 | 5.25 | 125.6 124.3 125.0 125.9 125.9 125.0 | 121.3 122.5 123.8 122.3 124.5 127.2 Industrial machinery | | | and equipment 35 | 8.66 | 180.3 179.4 183.8 186.3 188.1 190.3 | 175.1 181.5 185.2 184.8 188.5 197.2 Computer and office equip. 357 | 1.48 | 457.1 476.6 500.5 517.0 536.0 546.4 | 431.9 461.0 470.1 500.7 521.7 574.4 Electrical machinery 36 | 8.33 | 252.9 254.1 254.9 257.9 259.3 260.0 | 248.2 253.3 253.8 251.0 255.9 261.6 Semiconductors 3672-9 | 3.37 | 577.5 584.0 586.0 593.4 600.2 605.0 | 571.7 582.6 585.9 581.1 596.2 607.5 | | | Transportation equipment 37 | 8.95 | 119.9 118.8 118.7 119.4 121.2 114.0 | 116.7 125.6 127.6 122.2 126.1 117.3 Motor vehicles and parts 371 | 5.16 | 138.3 136.7 136.6 138.3 141.1 125.5 | 131.4 150.4 154.0 146.3 151.6 131.4 Autos and light trucks | 2.59 | 130.8 126.7 127.4 129.5 131.3 109.4 | 117.1 143.2 147.4 136.4 142.5 111.9 Aerospace and misc. 372-6,9 | 3.79 | 101.8 101.1 101.0 100.8 101.5 102.4 | 102.0 101.3 101.9 98.5 101.2 103.1 Instruments 38 | 4.68 | 109.0 109.6 109.9 110.2 109.8 109.6 | 106.4 108.2 108.7 107.3 107.8 111.2 Miscellaneous 39 | 1.37 | 128.0 128.4 128.5 129.1 127.1 127.0 | 123.6 126.1 127.9 125.4 126.1 127.3 | | | Nondurable | 39.54 | 113.6 113.0 112.6 113.3 112.7 112.6 | 109.5 109.6 109.9 110.9 111.0 115.6 Foods 20 | 9.30 | 112.9 112.0 111.4 112.3 112.1 111.5 | 107.5 106.1 106.8 107.8 109.6 113.9 Tobacco products 21 | 1.30 | 116.9 115.9 114.7 114.9 114.9 114.1 | 113.3 119.8 121.3 111.2 109.6 129.6 Textile mill products 22 | 1.52 | 111.8 109.6 108.9 109.1 110.6 109.7 | 105.2 108.0 108.5 112.8 113.2 115.7 Apparel products 23 | 1.77 | 99.3 97.7 98.2 98.3 97.1 96.4 | 96.1 95.9 97.2 95.0 97.4 99.0 Paper and products 26 | 3.42 | 112.4 114.6 112.4 112.9 112.3 112.1 | 113.8 115.8 113.0 113.8 110.7 113.6 | | | Printing and publishing 27 | 6.58 | 106.5 105.6 105.0 105.1 104.8 104.9 | 101.0 100.8 100.2 103.2 101.7 106.1 Chemicals and products 28 | 10.01 | 118.7 117.6 117.7 118.5 117.7 118.2 | 115.3 114.7 114.9 116.3 116.1 121.4 Petroleum products 29 | 1.82 | 112.3 111.9 114.8 114.6 112.7 113.2 | 104.0 103.4 107.0 112.6 114.6 117.9 Rubber and plastics products 30 | 3.65 | 129.3 129.4 129.7 131.8 130.3 130.3 | 127.3 129.5 130.2 128.9 130.1 132.4 Leather and products 31 | .18 | 69.4 70.8 69.4 68.2 67.7 67.2 | 67.6 69.2 69.2 67.6 68.2 69.1 | | | Mining | 6.40 | 108.4 108.8 108.0 107.0 108.0 105.8 | 105.8 107.1 105.8 105.0 107.8 107.2 Metal mining 10 | .42 | 105.3 119.5 105.5 102.9 104.0 103.7 | 101.3 117.7 105.0 101.7 103.9 106.6 Coal mining 12 | .86 | 116.0 108.4 109.4 110.6 118.2 111.7 | 115.3 113.8 114.7 110.4 111.6 110.8 Oil and gas extraction 13 | 4.53 | 105.0 105.9 106.5 104.8 104.5 102.8 | 105.6 106.3 105.4 104.2 104.1 102.2 Stone and earth minerals 14 | .60 | 124.3 122.6 117.2 120.8 121.6 121.7 | 92.1 90.8 90.8 101.2 131.9 141.4 | | | Utilities | 7.62 | 108.7 108.2 114.3 113.5 116.2 116.7 | 130.3 119.8 118.2 104.9 103.3 110.1 Electric 491,3pt | 6.08 | 110.2 110.6 115.6 114.2 117.8 118.0 | 117.2 110.5 110.2 102.8 109.2 122.2 Gas 492,3pt | 1.55 | 103.0 99.0 109.5 110.7 110.3 112.0 | 182.3 157.3 150.4 114.3 81.9 64.3 | | | SPECIAL AGGREGATES | | | | | | Computers, communications eq, and | | | semiconductors | 6.90 | 401.5 408.4 412.4 421.0 427.0 432.3 | 395.5 405.6 406.9 411.2 422.2 438.8 | | | Manufacturing excluding: | | | Motor vehicles and parts | 80.82 | 130.7 130.2 130.5 131.3 131.1 131.2 | 126.7 128.2 128.8 128.8 129.7 134.0 Computer and office equipment | 84.50 | 127.8 127.1 127.2 127.9 127.8 127.0 | 123.7 125.9 126.7 126.1 127.1 129.8 Computers and semiconductors | 81.12 | 119.7 119.0 119.0 119.7 119.6 118.7 | 115.8 117.9 118.6 118.1 118.9 121.4 Computers, communications eq, and | | | semiconductors | 79.08 | 118.5 117.8 117.9 118.5 118.3 117.4 | 114.6 116.7 117.5 116.9 117.7 120.2 Memo: Motor vehicle assemblies <2> | | | Total | | 12.4 12.0 12.0 12.2 12.4 10.4 | 11.1 12.3 13.9 12.9 12.9 10.6 Autos | | 5.9 5.4 5.4 5.5 5.5 4.8 | 5.3 5.5 6.3 5.8 5.8 4.9 Trucks | | 6.5 6.6 6.6 6.7 6.9 5.6 | 5.9 6.8 7.7 7.1 7.0 5.7 Light | | 6.1 6.3 6.3 6.4 6.5 5.2 | 5.6 6.5 7.3 6.8 6.7 5.4 Heavy and medium | | 0.3 0.3 0.3 0.3 0.4 0.4 | 0.3 0.3 0.3 0.4 0.4 0.4 | | | -------------------------------------------------------------------------------------------------------------------------------------------------------- <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. Notes: Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers, petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. Estimates for the month of June are preliminary. Estimates from March to May are revised. Table 2B INDUSTRIAL PRODUCTION: INDUSTRY GROUPS Percent change | | Seasonally adjusted | | | | 1996 Q4 | annual rate | Seasonally adjusted | Not seasonally adjusted | June 97 | to | 1997 1998 | 1998 | 1998 | to Item | 1997 Q4 | Q3 Q4 Q1 Q2 | Mar. Apr. May June | Mar. Apr. May June | June 98 ------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | | | Total index | 5.8 | 6.0 7.2 1.2 2.5 | .5 .4 .3 -.6 | .3 -1.2 .8 2.4 | 3.7 | | | | | Manufacturing | 6.3 | 6.1 8.1 2.3 1.7 | .2 .6 .0 -.6 | .6 -.3 .9 2.3 | 3.8 | | | | | Primary processing | 3.5 | 2.6 4.5 1.2 -.8 | -.3 .5 -.5 -.3 | .1 .7 -.3 1.7 | 1.5 Advanced processing | 7.6 | 7.8 9.8 2.8 2.9 | .4 .7 .3 -.8 | .9 -.8 1.4 2.5 | 4.9 | | | | | Durable | 9.5 | 10.1 10.3 2.6 3.8 | .5 .7 .5 -1.0 | 1.0 -1.3 1.5 .8 | 5.4 Lumber and products 24 | 2.1 | -5.1 -.7 3.4 3.5 | -.9 .9 .3 -.3 | .5 2.0 -1.1 4.2 | -.4 Furniture and fixtures 25 | 3.6 | -3.2 4.8 -5.9 1.2 | 2.2 -.4 .0 -.3 | .3 -.1 -1.3 3.6 | -1.1 Stone, clay, and glass products 32 | 4.6 | 2.4 4.3 -2.2 -4.2 | -.5 -.8 .4 .3 | 1.4 2.2 1.2 3.1 | .5 | | | | | Primary metals 33 | 5.6 | 5.7 7.5 1.0 -5.8 | -.8 .0 -.6 -.9 | -.7 -1.5 -1.1 -1.6 | .3 Iron and steel 331,2 | 5.7 | .8 12.6 2.3 -9.4 | -.2 -.6 -1.1 -2.0 | -.6 -1.0 -2.6 -3.1 | -.5 Raw steel | 7.3 | 6.5 8.3 9.4 -5.1 | -3.4 2.8 -.4 -5.0 | -2.9 .4 -2.2 -5.0 | 1.1 Nonferrous 333-6,9 | 5.5 | 11.8 1.9 -.4 -1.4 | -1.4 .8 .1 .3 | -.9 -2.1 .8 .2 | 1.2 Fabricated metal products 34 | 3.7 | 1.0 8.9 -.9 1.9 | .6 .7 .0 -.7 | 1.0 -1.2 1.9 2.2 | 2.6 Industrial machinery | | | | | and equipment 35 | 11.3 | 14.3 8.7 8.3 16.5 | 2.5 1.4 1.0 1.2 | 2.0 -.2 2.0 4.6 | 12.7 Computer and office equip. 357 | 36.3 | 50.2 28.3 56.6 54.7 | 5.0 3.3 3.7 1.9 | 2.0 6.5 4.2 10.1 | 46.8 Electrical machinery 36 | 18.5 | 19.0 16.9 13.6 8.3 | .3 1.2 .5 .3 | .2 -1.1 1.9 2.2 | 13.2 Semiconductors 3672-9 | 39.8 | 40.3 31.5 30.8 12.2 | .3 1.3 1.1 .8 | .6 -.8 2.6 1.9 | 25.9 | | | | | Transportation equipment 37 | 12.2 | 17.2 18.8 -6.3 -3.1 | -.1 .6 1.5 -5.9 | 1.6 -4.3 3.2 -7.0 | .9 Motor vehicles and parts 371 | 11.9 | 20.5 23.1 -17.7 -6.3 | -.1 1.3 2.0 -11.0 | 2.4 -5.0 3.6 -13.3 | -5.3 Autos and light trucks | 9.6 | 19.0 27.8 -14.9 -14.4 | .6 1.6 1.4 -16.7 | 2.9 -7.5 4.5 -21.5 | -10.6 Aerospace and misc. 372-6,9 | 12.7 | 12.7 13.1 11.3 1.0 | -.1 -.2 .7 .8 | .5 -3.3 2.8 1.8 | 9.1 Instruments 38 | 3.2 | 5.1 2.6 .4 1.4 | .3 .3 -.4 -.2 | .4 -1.2 .4 3.2 | 1.6 Miscellaneous 39 | 4.8 | 3.3 1.6 3.9 -1.6 | .1 .5 -1.6 -.1 | 1.4 -1.9 .5 1.0 | .8 | | | | | Nondurable | 2.6 | 1.5 5.5 1.8 -.7 | -.3 .6 -.5 -.1 | .2 1.0 .1 4.1 | 1.9 Foods 20 | 1.8 | .4 4.3 6.6 -.5 | -.5 .8 -.2 -.5 | .7 .9 1.7 3.9 | 2.4 Tobacco products 21 | 1.9 | 1.9 12.3 3.2 -4.1 | -1.0 .2 .0 -.7 | 1.3 -8.4 -1.4 18.3 | 4.7 Textile mill products 22 | 4.1 | 9.3 2.1 -4.9 -1.1 | -.6 .2 1.4 -.9 | .5 3.9 .4 2.2 | .5 Apparel products 23 | -1.9 | -1.8 -1.0 -2.6 -4.5 | .5 .2 -1.2 -.8 | 1.4 -2.3 2.6 1.7 | -3.3 Paper and products 26 | 3.1 | 6.9 -2.1 -1.3 -2.5 | -1.9 .4 -.6 -.1 | -2.4 .7 -2.7 2.7 | .4 | | | | | Printing and publishing 27 | 4.0 | .9 9.9 -4.9 -2.9 | -.6 .2 -.3 .0 | -.6 3.0 -1.5 4.4 | .8 Chemicals and products 28 | 2.9 | .1 8.3 3.1 .3 | .1 .6 -.6 .4 | .2 1.2 -.2 4.6 | 3.2 Petroleum products 29 | 2.2 | -5.0 1.0 12.2 1.7 | 2.6 -.2 -1.7 .5 | 3.5 5.3 1.8 2.9 | 1.7 Rubber and plastics products 30 | 3.8 | 6.6 5.2 2.2 4.0 | .2 1.6 -1.1 -.1 | .5 -1.0 .9 1.8 | 3.7 Leather and products 31 | -7.3 | -15.3 -2.4 -9.4 -11.7 | -2.0 -1.7 -.7 -.8 | .1 -2.3 .9 1.3 | -9.3 | | | | | Mining | 2.1 | 1.8 -2.1 9.9 -5.2 | -.7 -.9 .9 -2.0 | -1.3 -.7 2.6 -.5 | .1 Metal mining 10 | 2.7 | -5.6 15.4 2.6 -21.7 | -11.7 -2.5 1.1 -.3 | -10.9 -3.1 2.2 2.6 | -5.6 Coal mining 12 | 4.7 | .6 11.2 -5.1 8.4 | .9 1.1 6.8 -5.4 | .8 -3.7 1.1 -.7 | 4.0 Oil and gas extraction 13 | 1.9 | 3.0 -6.2 13.7 -6.6 | .5 -1.6 -.2 -1.7 | -.8 -1.1 -.1 -1.8 | -.1 Stone and earth minerals 14 | .6 | -.7 .4 9.9 -.1 | -4.3 3.0 .7 .0 | .0 11.5 30.3 7.1 | .6 | | | | | Utilities | 2.4 | 8.3 5.5 -16.5 19.6 | 5.7 -.7 2.4 .4 | -1.4 -11.2 -1.5 6.5 | 5.3 Electric 491,3pt | 2.8 | 11.1 5.1 -11.7 17.1 | 4.5 -1.2 3.1 .2 | -.3 -6.7 6.2 12.0 | 6.6 Gas 492,3pt | .8 | -2.0 7.1 -33.3 30.6 | 10.6 1.1 -.4 1.5 | -4.4 -24.0 -28.3 -21.6 | .1 | | | | | SPECIAL AGGREGATES | | | | | | | | | | Computers, communications eq, and | | | | | semiconductors | 30.6 | 34.2 24.6 26.6 20.4 | 1.0 2.1 1.4 1.2 | .3 1.1 2.7 3.9 | 24.9 | | | | | Manufacturing excluding: | | | | | Motor vehicles and parts | 6.0 | 5.2 7.2 3.7 2.2 | .2 .6 -.1 .1 | .5 .0 .7 3.3 | 4.4 Computer and office equipment | 5.8 | 5.4 7.8 1.4 .8 | .1 .6 -.1 -.7 | .6 -.5 .8 2.1 | 3.1 Computers and semiconductors | 4.4 | 4.0 6.8 .2 .2 | .1 .5 -.1 -.7 | .6 -.4 .7 2.1 | 2.1 Computers, communications eq, and | | | | | semiconductors | 4.2 | 3.7 6.7 .2 .0 | .1 .5 -.1 -.8 | .7 -.5 .7 2.1 | 1.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------ Notes: Estimates for June are preliminary. Estimates from March to May are revised. Percent changes shown in the first and last columns are based on seasonally adjusted data. Table 3 CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES Percent of capacity, seasonally adjusted | | 1967- 1978- 1988- 1990-| | | 1997 | 1997 1973 1980 1982 1989 1991| 1997 | 1998 Item | Proportion| Ave. High High Low High Low| June | Jan. Feb. Mar. Apr. May June --------------------------------------------------------------------------------------------------------------------------------------------------------- | | | | Total industry | 100.00 | 82.1 89.2 87.3 71.1 85.4 78.1 | 82.3 | 82.9 82.2 82.4 82.4 82.4 81.6 | | | | Manufacturing | 87.20 | 81.1 88.5 86.9 69.0 85.7 76.6 | 81.3 | 82.1 81.4 81.2 81.4 81.1 80.3 | | | | Primary processing | 26.38 | 82.4 91.2 88.1 66.2 88.9 77.7 | 85.8 | 86.1 85.5 85.1 85.3 84.7 84.3 Advanced processing | 60.83 | 80.5 87.2 86.7 70.4 84.2 76.1 | 79.4 | 80.3 79.6 79.5 79.7 79.5 78.5 | | | | Durable | 47.85 | 79.4 89.2 87.7 63.9 84.6 73.1 | 80.7 | 81.0 80.2 80.2 80.3 80.1 78.8 Lumber and products 24 | 2.10 | 82.6 88.7 87.9 60.8 93.6 75.5 | 84.2 | 80.8 82.0 81.2 81.8 82.0 81.6 Furniture and fixtures 25 | 1.43 | 81.5 96.8 85.5 68.9 86.6 72.5 | 81.4 | 78.7 77.2 78.7 78.2 78.1 77.7 Stone, clay, and glass products 32 | 2.24 | 78.2 88.8 88.0 64.3 83.5 69.7 | 81.9 | 81.6 80.7 80.1 79.3 79.3 79.4 | | | | Primary metals 33 | 3.11 | 81.2 100.2 94.2 45.1 92.7 73.7 | 91.6 | 92.7 91.4 90.3 90.0 89.2 88.0 Iron and steel 331,2 | 1.70 | 81.0 105.8 95.8 37.0 95.2 71.8 | 90.3 | 92.2 91.1 90.5 89.5 88.1 86.0 Raw steel | .08 | 80.9 102.7 95.8 35.2 92.7 71.5 | 88.8 | 91.7 91.9 88.4 90.4 89.7 84.8 Nonferrous 333-6,9 | 1.41 | 81.5 90.8 91.1 60.1 89.3 74.2 | 93.3 | 93.6 92.0 90.3 90.8 90.6 90.5 Primary copper 3331 | .07 | 74.9 93.4 81.5 42.1 86.3 73.5 | 88.0 | 92.5 93.8 90.9 94.9 94.2 Primary aluminum 3334 | .13 | 88.4 95.7 97.6 58.6 100.4 97.3 | 85.9 | 86.2 86.4 87.3 88.5 88.6 | | | | Fabricated metal products 34 | 5.42 | 77.9 87.8 83.9 63.7 82.0 71.9 | 79.0 | 79.1 78.0 78.1 78.4 78.1 77.3 Industrial machinery | | | | and equipment 35 | 8.64 | 81.4 96.0 93.2 64.0 85.4 72.3 | 84.0 | 84.3 83.1 84.4 84.9 85.0 85.2 Computer and office equip. 357 | 1.76 | 81.0 90.9 92.6 65.5 86.9 66.9 | 80.2 | 80.6 81.6 83.3 83.6 84.1 83.3 Electrical machinery 36 | 8.89 | 81.0 89.2 89.4 71.6 84.0 75.0 | 81.7 | 81.4 80.5 79.7 79.6 78.9 78.0 Semiconductors 3672-9 | 3.68 | 79.8 95.6 91.7 75.7 81.0 75.5 | 85.9 | 85.5 84.1 82.4 81.4 80.4 79.1 | | | | Transportation equipment 37 | 9.78 | 75.8 86.1 84.8 57.2 85.8 68.5 | 73.9 | 76.8 75.9 75.6 75.8 76.7 71.9 Motor vehicles and parts 371 | 5.67 | 76.6 93.4 95.0 45.5 89.1 55.9 | 72.3 | 73.5 72.4 72.1 72.7 74.0 65.6 Autos and light trucks <1> | 2.66 | 94.6 40.6 92.3 53.3 | 76.0 | 80.0 77.4 77.6 78.7 79.6 66.2 Aerospace and misc. 372-6,9 | 4.11 | 75.2 78.4 81.9 66.6 87.3 79.2 | 75.9 | 81.3 80.6 80.4 80.0 80.4 80.9 Instruments 38 | 4.84 | 81.7 89.9 92.7 78.4 81.4 77.2 | 80.1 | 79.9 80.2 80.2 80.2 79.7 79.3 Miscellaneous 39 | 1.40 | 75.4 82.9 79.4 65.4 79.0 71.7 | 80.8 | 80.5 80.5 80.4 80.5 79.1 78.8 | | | | Nondurable | 39.36 | 83.4 87.8 87.5 76.4 87.3 80.7 | 82.1 | 83.4 82.8 82.4 82.8 82.3 82.1 Foods 20 | 9.50 | 82.9 86.0 84.6 79.1 85.4 82.7 | 80.1 | 82.0 81.2 80.7 81.2 80.9 80.3 Textile mill products 22 | 1.51 | 85.5 91.4 91.2 72.3 90.4 77.7 | 83.1 | 84.3 82.5 81.9 82.0 83.1 82.3 Apparel products 23 | 1.93 | 81.0 84.2 87.5 77.5 85.1 75.5 | 75.8 | 75.6 74.3 74.8 74.9 74.1 73.6 Paper and products 26 | 3.13 | 89.3 97.1 96.1 80.6 93.5 85.0 | 88.9 | 88.4 90.0 88.1 88.3 87.7 87.4 Pulp and paper 261-3 | 1.37 | 92.4 97.2 98.3 82.0 98.0 89.9 | 91.7 | 92.9 93.7 91.6 92.1 90.8 Printing and publishing 27 | 6.49 | 85.7 89.7 93.9 82.0 91.7 79.6 | 81.9 | 83.5 82.7 82.2 82.2 81.9 81.9 | | | | Chemicals and products 28 | 10.40 | 79.5 87.6 84.6 69.9 86.2 79.3 | 78.8 | 80.1 79.1 79.0 79.4 78.8 79.0 Plastics materials 2821 | .82 | 86.7 102.0 90.9 63.4 97.0 74.8 | 92.0 | 93.9 90.3 89.0 91.8 Synthetic fibers 2823,4 | .33 | 85.1 93.8 98.6 64.4 99.7 77.6 | 84.3 | 88.7 91.5 89.9 91.6 85.7 Petroleum products 29 | 1.57 | 86.6 96.7 90.0 66.8 88.5 85.1 | 96.9 | 96.7 96.3 98.6 98.1 96.2 96.3 Rubber and plastics products 30 | 3.44 | 84.8 95.5 91.2 72.7 89.6 77.4 | 86.9 | 87.4 87.2 87.2 88.4 87.2 86.9 Leather and products 31 | .21 | 80.8 81.3 92.1 75.8 83.3 76.1 | 69.4 | 66.1 67.7 66.7 65.8 65.7 65.5 | | | | Mining | 5.84 | 87.5 94.3 96.0 80.3 88.0 87.0 | 89.6 | 91.6 91.9 91.2 90.3 91.0 89.1 Metal mining 10 | .38 | 79.0 89.6 87.9 44.4 89.4 79.9 | 93.2 | 88.6 100.4 88.5 86.3 87.1 86.8 Coal mining 12 | .82 | 86.9 91.0 99.4 76.6 91.5 83.4 | 85.2 | 91.0 84.9 85.6 86.4 92.2 87.1 Oil and gas extraction 13 | 4.07 | 88.6 96.9 97.3 82.3 88.2 88.7 | 90.5 | 92.5 93.3 93.7 92.2 91.9 90.3 Oil and gas well drilling 138 | .82 | 74.2 93.0 104.3 50.9 69.3 60.0 | 86.3 | 87.4 90.1 89.9 85.1 83.7 77.6 Stone and earth minerals 14 | .57 | 84.8 95.0 92.7 63.3 89.0 79.4 | 87.1 | 87.6 86.1 82.1 84.3 84.7 84.5 | | | | Utilities | 6.96 | 87.3 96.2 89.1 75.9 92.6 83.4 | 87.7 | 85.4 84.9 89.6 88.9 91.0 91.3 Electric 491,3pt | 5.43 | 89.1 99.0 88.2 78.9 95.0 87.1 | 88.7 | 87.7 87.9 91.8 90.7 93.4 93.5 Gas 492,3pt | 1.52 | 82.4 94.1 93.7 69.1 85.0 67.1 | 82.8 | 75.4 72.4 79.9 80.7 80.3 81.4 | | | | SPECIAL AGGREGATES | | | | | | | | Computers, communications eq, and | | | | semiconductors | 7.71 | 80.1 84.0 90.9 77.3 81.9 72.4 | 81.7 | 81.2 80.8 79.8 79.7 79.1 78.4 | | | | Manufacturing ex. computers, | | | | communications eq., and | | | | semiconductors | 79.50 | 81.2 88.8 87.0 68.0 86.1 76.8 | 81.4 | 82.3 81.6 81.4 81.7 81.4 80.6 --------------------------------------------------------------------------------------------------------------------------------------------------------- <1> Series begins in 1977. Notes: Primary processing manufacturing includes textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers, petroleum products, rubber and plastics products, lumber and products, primary metals, fabricated metals, and stone, clay, and glass products. Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures. Estimates for June are preliminary. Estimates from March to May are revised. Table 4 INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES Percent change Capacity indexes | Annual rate | December to December | Percent of 1992 output | 1967- 1967- 1975-| | | | 1998 1975 1998 | | 1997 | 1998 Item | Ave. Ave. Ave. | 1994 1995 1996 1997 1998 | June | Jan. Feb. Mar. Apr. May June ------------------------------------------------------------------------------------------------------------------------------------------------------------ | | | | Total industry | 3.0 3.8 2.7 | 3.9 5.0 4.5 4.7 4.3 | 150.2 | 154.2 154.8 155.4 155.9 156.5 157.0 | | | | Manufacturing | 3.4 4.0 3.1 | 4.2 5.6 5.1 5.3 4.9 | 155.0 | 159.7 160.4 161.1 161.7 162.4 163.0 | | | | Primary processing | 2.3 4.1 1.6 | 2.4 3.0 3.4 3.4 3.1 | 137.3 | 140.0 140.4 140.7 141.1 141.4 141.8 Advanced processing | 3.9 4.0 3.9 | 5.2 6.9 5.9 6.3 5.7 | 164.1 | 169.9 170.7 171.5 172.3 173.1 174.0 | | | | Durable | 3.9 3.7 3.9 | 6.1 8.5 7.4 8.0 7.5 | 175.0 | 182.9 184.2 185.3 186.4 187.6 188.8 Lumber and products 24 | 2.0 2.9 1.6 | 3.0 3.9 4.5 4.0 1.3 | 139.1 | 142.1 142.2 142.4 142.5 142.6 142.8 Furniture and fixtures 25 | 3.2 4.5 2.6 | 2.5 4.0 6.0 4.8 2.3 | 151.8 | 155.7 156.1 156.3 156.6 156.9 157.2 Stone, clay, and glass products 32 | 1.6 2.5 1.2 | .9 2.4 3.4 3.7 3.3 | 146.6 | 149.8 150.3 150.7 151.1 151.5 151.9 | | | | Primary metals 33 | .5 1.7 .0 | 2.7 2.4 3.7 3.7 5.0 | 136.4 | 139.4 140.1 140.7 141.2 141.8 142.3 Iron and steel 331,2 | -.2 .7 -.6 | 3.1 1.4 4.5 3.8 5.3 | 135.8 | 138.8 139.4 140.0 140.6 141.3 141.9 Raw steel | -.5 .3 -.9 | 1.4 3.3 2.7 6.1 5.5 | 129.4 | 134.0 134.6 135.2 135.8 136.4 137.0 Nonferrous 333-6,9 | 1.8 3.8 1.0 | 2.2 3.5 2.8 3.7 4.6 | 136.9 | 139.9 140.7 141.2 141.7 142.1 142.6 Primary copper 3331 | .7 1.8 .3 | 3.2 8.3 -1.8 1.2 1.6 | 143.6 | 144.8 144.9 145.1 145.3 145.5 145.7 Primary aluminum 3334 | 1.2 5.2 -.3 | .5 .0 .2 .2 .0 | 104.1 | 104.2 104.2 104.2 104.2 104.2 104.2 | | | | Fabricated metal products 34 | 2.0 3.1 1.6 | 2.5 4.1 4.7 5.1 4.6 | 154.2 | 158.8 159.4 160.0 160.6 161.2 161.8 Industrial machinery | | | | and equipment 35 | 5.6 4.7 5.9 | 8.6 11.0 11.4 11.6 10.4 | 200.9 | 213.8 215.9 217.7 219.5 221.4 223.3 Computer and office equip. 357 | 21.3 12.0 25.1 | 21.9 32.0 40.6 41.0 41.7 | 464.0 | 567.1 583.8 601.0 618.7 637.0 655.8 Electrical machinery 36 | 8.5 5.9 9.6 | 19.1 26.5 18.6 19.3 17.6 | 280.9 | 310.8 315.5 319.8 324.1 328.6 333.1 Semiconductors 3672-9 | 19.4 13.1 21.9 | 43.0 57.1 29.6 37.6 34.8 | 559.3 | 675.2 694.0 711.2 728.8 746.8 765.2 | | | | Transportation equipment 37 | 2.7 3.0 2.6 | 3.4 3.8 2.3 3.5 3.7 | 153.0 | 156.1 156.6 157.1 157.5 158.0 158.5 Motor vehicles and parts 371 | 3.4 4.4 3.0 | 7.5 8.1 4.5 4.6 4.3 | 183.3 | 188.1 188.8 189.5 190.1 190.8 191.5 Autos and light trucks <1> | | 5.9 5.7 .8 2.4 2.6 | 161.1 | 163.4 163.7 164.1 164.5 164.9 165.3 Aerospace and misc. 372-6,9 | 1.6 1.1 1.8 | -1.1 -1.2 -.7 2.1 2.8 | 123.6 | 125.2 125.4 125.7 126.0 126.3 126.6 Instruments 38 | 4.6 7.6 3.4 | .0 .5 .8 1.9 3.4 | 134.7 | 136.3 136.7 137.1 137.5 137.9 138.2 Miscellaneous 39 | 2.4 4.4 1.6 | 1.9 2.9 3.2 3.2 3.6 | 155.9 | 158.9 159.4 159.9 160.3 160.8 161.3 | | | | Nondurable | 2.7 4.3 2.1 | 2.0 2.4 2.4 2.2 1.7 | 134.5 | 136.2 136.5 136.6 136.8 137.0 137.2 Foods 20 | 2.4 3.0 2.2 | 2.1 2.9 2.5 2.4 1.9 | 135.8 | 137.7 137.9 138.1 138.3 138.5 138.7 Textile mill products 22 | 2.2 4.4 1.3 | 3.9 3.1 2.0 1.8 1.0 | 131.3 | 132.7 132.9 133.0 133.1 133.2 133.2 Apparel products 23 | 1.1 2.3 .7 | 1.6 2.2 .1 .0 -.8 | 131.4 | 131.4 131.4 131.3 131.2 131.1 131.0 Paper and products 26 | 2.7 3.9 2.3 | 1.3 2.5 2.3 1.8 2.1 | 125.7 | 127.1 127.4 127.6 127.8 128.1 128.3 Pulp and paper 261-3 | 2.4 2.9 2.2 | 2.0 2.9 2.0 1.8 1.6 | 120.6 | 121.9 122.0 122.2 122.4 122.5 122.7 Printing and publishing 27 | 2.7 3.0 2.5 | .8 .7 1.0 .7 .9 | 127.0 | 127.6 127.7 127.8 127.9 128.0 128.0 | | | | Chemicals and products 28 | 3.8 6.8 2.6 | 2.7 2.8 3.6 3.3 2.2 | 145.5 | 148.3 148.7 148.9 149.2 149.4 149.7 Plastics materials 2821 | 6.5 12.7 4.1 | 6.2 5.3 6.6 5.5 3.9 | 138.7 | 143.1 143.7 144.1 144.5 145.0 145.4 Synthetic fibers 2823,4 | 3.7 9.7 1.5 | .4 .4 -.4 3.9 1.7 | 121.8 | 124.6 124.8 124.9 125.1 125.2 125.4 Petroleum products 29 | 1.5 4.2 .5 | 2.1 -.5 .4 1.8 3.1 | 114.8 | 116.1 116.2 116.5 116.8 117.2 117.5 Rubber and plastics products 30 | 5.3 8.4 4.1 | 4.4 5.1 4.4 4.2 3.2 | 144.6 | 147.9 148.3 148.7 149.1 149.4 149.8 Leather and products 31 | -3.3 -1.5 -4.0 | -2.1 -2.6 -2.3 -2.8 -5.2 | 106.6 | 104.9 104.5 104.0 103.6 103.1 102.6 | | | | Mining | .2 -.1 .3 | 1.1 -.7 .4 .7 1.1 | 118.0 | 118.3 118.4 118.4 118.5 118.6 118.7 Metal mining 10 | 1.3 .5 1.6 | -1.8 1.2 .5 .8 1.4 | 118.0 | 118.8 118.9 119.1 119.2 119.4 119.5 Coal mining 12 | 2.3 2.4 2.3 | 4.3 -.7 1.2 1.7 1.7 | 126.1 | 127.4 127.6 127.8 128.0 128.2 128.3 Oil and gas extraction 13 | -.5 -1.0 -.2 | .3 -1.2 -.1 .1 .6 | 113.7 | 113.6 113.6 113.6 113.7 113.7 113.8 Oil and gas well drilling 138 | .7 .8 .7 | -.6 -1.6 -1.2 1.1 1.4 | 174.9 | 176.1 176.3 176.5 176.7 176.9 177.1 Stone and earth minerals 14 | 1.4 2.6 1.0 | 2.3 2.4 3.5 4.0 3.6 | 138.9 | 142.0 142.4 142.8 143.2 143.6 144.0 | | | | Utilities | 2.7 6.1 1.4 | 1.2 2.1 1.5 1.3 1.0 | 126.4 | 127.3 127.4 127.5 127.6 127.7 127.8 Electric 491,3pt | 3.7 7.8 2.2 | 1.0 2.8 1.5 1.3 1.0 | 124.7 | 125.6 125.7 125.8 126.0 126.1 126.2 Gas 492,3pt | .4 2.3 -.3 | .4 .5 2.2 1.9 1.6 | 135.1 | 136.6 136.8 137.0 137.1 137.3 137.5 | | | | SPECIAL AGGREGATES | | | | | | | | Computers, communications eq, and | | | | semiconductors | 15.6 9.5 18.1 | 28.3 38.7 29.3 30.5 29.6 | 423.6 | 494.3 505.8 516.8 528.0 539.6 551.5 | | | | Manufacturing ex. computers, | | | | communications eq., and | | | | semiconductors | 2.4 3.7 1.9 | 2.4 3.0 2.9 3.1 2.7 | 141.5 | 144.0 144.4 144.7 145.0 145.3 145.6 ------------------------------------------------------------------------------------------------------------------------------------------------------------ <1> Series begins in 1977. Table 5A INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY: HISTORICAL DATA ------------------------------------------------------------------------------------------------------------------------------------------- | | | | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | Industrial | | | Production, | | | Percent | | | Change <1> | | | 1986 | .6 -.7 -1.0 .8 -.2 -.3 .3 .3 -.1 .9 .5 .9 | 2.0 -1.7 .7 6.5 | 1.1 1987 | -.6 1.2 .4 .4 .4 .9 .6 .1 -.1 1.4 .3 .6 | 4.2 6.7 5.6 7.1 | 4.6 1988 | .1 .3 .0 .6 .1 .1 .7 .5 -.4 .3 .8 .5 | 3.2 3.1 3.9 3.6 | 4.5 1989 | .6 -.8 .9 .2 -.6 -.2 -1.0 .4 -.2 -.5 .4 .5 | 3.8 .5 -4.4 -.1 | 1.8 1990 | -.5 .5 .5 -.6 .4 .0 .0 .2 .1 -.6 -1.3 -.6 | 2.0 .6 1.0 -5.8 | -.2 | | | 1991 | -.5 -.8 -.9 .3 .8 1.2 .1 .1 1.0 -.1 -.1 -.6 | -8.3 1.5 6.2 1.1 | -2.0 1992 | .2 .6 .7 .8 .2 -.3 .7 -.3 .5 .8 .5 .1 | 1.4 6.2 1.9 5.5 | 3.1 1993 | .5 .4 .1 .4 -.6 .2 .4 -.2 1.0 .3 .4 .8 | 4.4 1.1 2.1 5.8 | 3.6 1994 | .3 .5 .7 .5 .7 .5 .5 .3 .2 .7 .8 1.0 | 6.0 7.1 5.5 7.5 | 5.4 1995 | .6 -.1 .1 .0 .3 .3 .0 1.0 .4 -.4 .2 -.1 | 5.9 1.6 4.5 1.1 | 4.9 | | | 1996 | -.2 1.2 -.4 1.1 .6 .5 .0 .3 .3 .0 .8 .3 | 2.0 7.5 3.6 3.8 | 3.5 1997 | .3 .6 .3 .5 .2 .2 .8 .6 .3 .8 .8 .3 | 5.2 4.6 6.0 7.2 | 5.0 1998 | -.1 -.4 .5 .4 .3 -.6 | 1.2 2.5 | | | | Industrial | | | Production <2> | | | 1986 | 89.6 89.0 88.1 88.7 88.6 88.2 88.5 88.8 88.7 89.5 89.9 90.8 | 88.9 88.5 88.7 90.1 | 89.0 1987 | 90.2 91.2 91.6 92.0 92.4 93.2 93.7 93.8 93.7 95.0 95.3 95.9 | 91.0 92.5 93.8 95.4 | 93.2 1988 | 95.9 96.2 96.3 96.8 96.9 97.0 97.6 98.1 97.8 98.0 98.8 99.3 | 96.1 96.9 97.8 98.7 | 97.4 1989 | 99.8 99.0 100.0 100.2 99.6 99.4 98.4 98.8 98.6 98.2 98.6 99.0 | 99.6 99.7 98.6 98.6 | 99.1 1990 | 98.6 99.1 99.6 99.0 99.4 99.3 99.3 99.5 99.6 99.1 97.7 97.2 | 99.1 99.2 99.5 98.0 | 98.9 | | | 1991 | 96.7 95.9 95.0 95.4 96.1 97.2 97.3 97.4 98.4 98.3 98.1 97.5 | 95.9 96.2 97.7 98.0 | 97.0 1992 | 97.7 98.3 99.0 99.8 100.0 99.7 100.3 100.0 100.5 101.2 101.8 101.8 | 98.3 99.8 100.3 101.6 | 100.0 1993 | 102.4 102.8 102.9 103.3 102.7 102.9 103.3 103.1 104.1 104.4 104.9 105.7 | 102.7 103.0 103.5 105.0 | 103.6 1994 | 106.0 106.5 107.2 107.7 108.5 109.0 109.6 109.9 110.1 110.9 111.8 112.9 | 106.6 108.4 109.9 111.9 | 109.2 1995 | 113.5 113.4 113.6 113.6 113.9 114.3 114.3 115.4 115.9 115.4 115.6 115.5 | 113.5 113.9 115.2 115.5 | 114.5 | | | 1996 | 115.3 116.7 116.3 117.5 118.3 118.9 118.9 119.3 119.6 119.7 120.6 120.9 | 116.1 118.2 119.3 120.4 | 118.5 1997 | 121.3 122.1 122.5 123.1 123.3 123.5 124.5 125.2 125.6 126.5 127.5 127.9 | 121.9 123.3 125.1 127.3 | 124.5 1998 | 127.8 127.3 128.0 128.5 128.9 128.1 | 127.7 128.5 | | | | Capacity | | | 1986 | 112.2 112.4 112.6 112.7 112.9 113.0 113.2 113.3 113.5 113.6 113.7 113.9 | 112.4 112.9 113.3 113.7 | 113.1 1987 | 114.0 114.1 114.2 114.3 114.4 114.5 114.6 114.7 114.9 115.0 115.1 115.2 | 114.1 114.4 114.7 115.1 | 114.6 1988 | 115.3 115.5 115.6 115.7 115.8 115.9 116.0 116.2 116.3 116.4 116.5 116.7 | 115.5 115.8 116.2 116.5 | 116.0 1989 | 116.8 117.0 117.2 117.4 117.6 117.8 118.0 118.2 118.4 118.6 118.8 119.0 | 117.0 117.6 118.2 118.8 | 117.9 1990 | 119.2 119.3 119.5 119.7 119.9 120.1 120.2 120.4 120.6 120.8 121.0 121.2 | 119.3 119.9 120.4 121.0 | 120.2 | | | 1991 | 121.4 121.6 121.7 121.9 122.1 122.2 122.4 122.6 122.7 122.9 123.0 123.2 | 121.6 122.1 122.6 123.0 | 122.3 1992 | 123.4 123.6 123.8 124.1 124.3 124.5 124.8 125.0 125.2 125.4 125.6 125.8 | 123.6 124.3 125.0 125.6 | 124.6 1993 | 126.1 126.3 126.5 126.8 127.0 127.2 127.5 127.7 128.0 128.2 128.5 128.7 | 126.3 127.0 127.7 128.5 | 127.4 1994 | 129.1 129.5 129.9 130.3 130.7 131.2 131.6 132.0 132.4 132.8 133.3 133.7 | 129.5 130.7 132.0 133.3 | 131.4 1995 | 134.2 134.8 135.3 135.9 136.5 137.1 137.6 138.1 138.7 139.2 139.8 140.4 | 134.8 136.5 138.1 139.8 | 137.3 | | | 1996 | 140.9 141.4 142.0 142.5 143.0 143.6 144.1 144.6 145.1 145.6 146.1 146.7 | 141.4 143.0 144.6 146.1 | 143.8 1997 | 147.2 147.8 148.4 149.0 149.6 150.2 150.7 151.3 151.9 152.4 153.0 153.6 | 147.8 149.6 151.3 153.0 | 150.4 1998 | 154.2 154.8 155.4 155.9 156.5 157.0 | 154.8 156.5 | | | | Utilization | | | 1986 | 79.8 79.2 78.2 78.7 78.4 78.1 78.2 78.3 78.2 78.8 79.1 79.7 | 79.1 78.4 78.2 79.2 | 78.7 1987 | 79.1 80.0 80.2 80.5 80.7 81.4 81.8 81.8 81.6 82.6 82.8 83.2 | 79.8 80.8 81.7 82.9 | 81.3 1988 | 83.2 83.4 83.3 83.7 83.7 83.6 84.1 84.5 84.1 84.2 84.8 85.1 | 83.3 83.7 84.2 84.7 | 84.0 1989 | 85.4 84.6 85.3 85.3 84.7 84.4 83.4 83.6 83.3 82.8 83.0 83.2 | 85.1 84.8 83.4 83.0 | 84.1 1990 | 82.7 83.0 83.3 82.7 82.9 82.7 82.6 82.6 82.6 82.0 80.8 80.2 | 83.0 82.8 82.6 81.0 | 82.3 | | | 1991 | 79.6 78.9 78.1 78.2 78.7 79.6 79.5 79.5 80.2 80.0 79.8 79.2 | 78.9 78.8 79.7 79.6 | 79.3 1992 | 79.2 79.5 79.9 80.4 80.4 80.0 80.4 80.0 80.2 80.7 81.0 80.9 | 79.5 80.3 80.2 80.9 | 80.2 1993 | 81.2 81.4 81.3 81.5 80.9 80.9 81.0 80.7 81.4 81.4 81.6 82.1 | 81.3 81.1 81.0 81.7 | 81.3 1994 | 82.1 82.2 82.5 82.7 83.0 83.1 83.3 83.3 83.2 83.5 83.9 84.4 | 82.3 82.9 83.2 83.9 | 83.1 1995 | 84.6 84.2 83.9 83.6 83.5 83.4 83.1 83.6 83.6 82.9 82.7 82.3 | 84.2 83.5 83.4 82.6 | 83.4 | | | 1996 | 81.8 82.5 81.9 82.5 82.7 82.8 82.6 82.5 82.4 82.2 82.5 82.5 | 82.1 82.7 82.5 82.4 | 82.4 1997 | 82.4 82.6 82.5 82.6 82.4 82.3 82.6 82.8 82.7 83.0 83.3 83.3 | 82.5 82.4 82.7 83.2 | 82.7 1998 | 82.9 82.2 82.4 82.4 82.4 81.6 | 82.5 82.1 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. <2> Annual averages of industrial production are calculated from not seasonally adjusted indexes. Table 5B INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING: HISTORICAL DATA ------------------------------------------------------------------------------------------------------------------------------------------- | | | | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual ------------------------------------------------------------------------------------------------------------------------------------------- | | | Industrial | | | Production, | | | Percent | | | Change <1> | | | 1986 | 1.5 -.5 -.9 1.4 -.1 -.3 .3 .6 .0 .8 .4 1.2 | 4.5 1.7 1.7 6.7 | 2.8 1987 | -.8 1.6 .2 .5 .3 1.0 .7 -.2 .1 1.3 .5 .6 | 5.0 7.0 5.5 7.6 | 5.3 1988 | -.2 .4 -.1 1.0 -.1 .0 .7 .3 .2 .2 .9 .6 | 2.3 4.1 3.7 5.2 | 4.7 1989 | .9 -1.2 .8 .1 -.7 .0 -1.1 .3 -.3 -.6 .4 .1 | 4.3 -.7 -4.5 -1.4 | 1.9 1990 | -.2 .9 .3 -.8 .4 -.1 .0 .3 -.1 -.6 -1.3 -.6 | 2.9 -.1 .8 -6.3 | -.5 | | | 1991 | -.9 -.7 -1.1 .3 .7 1.4 .2 .2 1.1 -.1 -.2 -.5 | -9.7 1.2 7.8 1.7 | -2.4 1992 | .4 .7 .8 .7 .4 -.1 .6 -.3 .4 .7 .6 -.1 | 2.8 7.0 2.4 5.0 | 4.0 1993 | 1.0 .2 .1 .6 -.5 .0 .4 -.3 1.1 .2 .5 .9 | 5.0 1.6 1.6 6.2 | 3.8 1994 | .1 .6 .8 .8 .8 .2 .7 .4 .3 .9 .9 1.0 | 6.3 8.8 6.2 9.0 | 6.0 1995 | .6 -.2 .2 .0 .2 .4 -.2 .9 .7 -.4 .0 -.1 | 6.4 1.4 3.9 1.5 | 5.4 | | | 1996 | -.1 1.2 -.6 1.4 .6 .6 .4 .2 .3 .0 .8 .5 | 1.5 8.1 4.9 4.2 | 3.6 1997 | .3 .7 .4 .4 .2 .3 .6 .7 .1 .8 1.0 .4 | 6.2 4.9 6.1 8.1 | 5.7 1998 | .2 -.4 .2 .6 .0 -.6 | 2.3 1.7 | | | | Industrial | | | Production <2> | | | 1986 | 87.9 87.4 86.6 87.8 87.7 87.5 87.7 88.2 88.2 88.9 89.3 90.3 | 87.3 87.7 88.0 89.5 | 88.1 1987 | 89.6 91.0 91.2 91.6 91.9 92.8 93.4 93.3 93.4 94.6 95.1 95.6 | 90.6 92.1 93.4 95.1 | 92.8 1988 | 95.4 95.8 95.7 96.7 96.6 96.6 97.3 97.5 97.7 97.9 98.9 99.4 | 95.6 96.6 97.5 98.7 | 97.1 1989 | 100.3 99.1 99.9 100.0 99.4 99.4 98.3 98.7 98.4 97.8 98.2 98.3 | 99.8 99.6 98.5 98.1 | 99.0 1990 | 98.1 99.0 99.3 98.6 99.0 98.9 98.8 99.1 99.0 98.4 97.2 96.6 | 98.8 98.8 99.0 97.4 | 98.5 | | | 1991 | 95.8 95.1 94.1 94.4 95.0 96.3 96.6 96.8 97.8 97.8 97.6 97.1 | 95.0 95.2 97.0 97.5 | 96.2 1992 | 97.4 98.1 98.9 99.6 100.0 99.8 100.5 100.2 100.6 101.3 101.9 101.7 | 98.1 99.8 100.4 101.6 | 100.0 1993 | 102.7 102.9 103.0 103.6 103.1 103.1 103.5 103.2 104.4 104.6 105.2 106.0 | 102.9 103.3 103.7 105.3 | 103.8 1994 | 106.2 106.8 107.7 108.5 109.4 109.6 110.4 110.9 111.2 112.2 113.2 114.3 | 106.9 109.2 110.8 113.2 | 110.0 1995 | 115.1 114.9 115.1 115.1 115.3 115.8 115.5 116.6 117.5 117.0 117.0 116.9 | 115.0 115.4 116.5 116.9 | 116.0 | | | 1996 | 116.7 118.1 117.4 119.0 119.7 120.4 120.9 121.1 121.5 121.5 122.5 123.1 | 117.4 119.7 121.1 122.4 | 120.2 1997 | 123.5 124.4 124.9 125.4 125.7 126.1 126.9 127.9 128.0 129.1 130.4 130.9 | 124.2 125.7 127.6 130.1 | 127.0 1998 | 131.1 130.6 130.8 131.6 131.7 130.9 | 130.8 131.4 | | | | Capacity | | | 1986 | 111.0 111.2 111.4 111.6 111.7 111.9 112.1 112.3 112.5 112.7 112.9 113.0 | 111.2 111.7 112.3 112.9 | 112.0 1987 | 113.2 113.4 113.6 113.8 113.9 114.1 114.2 114.4 114.6 114.7 114.9 115.0 | 113.4 113.9 114.4 114.9 | 114.1 1988 | 115.2 115.3 115.4 115.6 115.7 115.8 116.0 116.1 116.3 116.5 116.6 116.8 | 115.3 115.7 116.1 116.6 | 115.9 1989 | 117.0 117.3 117.5 117.8 118.0 118.3 118.5 118.7 119.0 119.2 119.5 119.7 | 117.3 118.0 118.7 119.5 | 118.4 1990 | 119.9 120.1 120.3 120.5 120.7 120.9 121.1 121.3 121.5 121.7 122.0 122.2 | 120.1 120.7 121.3 122.0 | 121.0 | | | 1991 | 122.4 122.6 122.8 123.0 123.1 123.3 123.5 123.7 123.8 124.0 124.2 124.3 | 122.6 123.1 123.7 124.2 | 123.4 1992 | 124.6 124.8 125.1 125.3 125.6 125.8 126.1 126.3 126.6 126.8 127.0 127.3 | 124.8 125.6 126.3 127.0 | 125.9 1993 | 127.6 127.8 128.1 128.3 128.6 128.9 129.1 129.4 129.7 129.9 130.2 130.5 | 127.8 128.6 129.4 130.2 | 129.0 1994 | 130.9 131.3 131.8 132.2 132.7 133.2 133.6 134.1 134.6 135.1 135.5 136.0 | 131.3 132.7 134.1 135.5 | 133.4 1995 | 136.6 137.2 137.8 138.5 139.1 139.8 140.4 141.1 141.7 142.4 143.0 143.7 | 137.2 139.2 141.1 143.0 | 140.1 | | | 1996 | 144.3 144.9 145.6 146.2 146.8 147.4 148.0 148.6 149.2 149.8 150.4 151.0 | 144.9 146.8 148.6 150.4 | 147.7 1997 | 151.6 152.3 152.9 153.6 154.3 155.0 155.7 156.3 157.0 157.6 158.3 159.0 | 152.3 154.3 156.3 158.3 | 155.3 1998 | 159.7 160.4 161.1 161.7 162.4 163.0 | 160.4 162.4 | | | | Utilization | | | 1986 | 79.1 78.6 77.8 78.7 78.5 78.1 78.2 78.6 78.4 78.9 79.1 79.9 | 78.5 78.5 78.4 79.3 | 78.7 1987 | 79.1 80.2 80.3 80.6 80.7 81.4 81.8 81.5 81.5 82.5 82.8 83.1 | 79.9 80.9 81.6 82.8 | 81.3 1988 | 82.9 83.1 82.9 83.7 83.5 83.4 83.8 84.0 84.0 84.1 84.8 85.1 | 83.0 83.5 83.9 84.7 | 83.8 1989 | 85.7 84.5 85.0 85.0 84.2 84.1 83.0 83.1 82.7 82.1 82.2 82.1 | 85.1 84.4 82.9 82.1 | 83.6 1990 | 81.8 82.5 82.6 81.8 82.0 81.8 81.6 81.7 81.5 80.9 79.7 79.0 | 82.3 81.9 81.6 79.9 | 81.4 | | | 1991 | 78.2 77.5 76.6 76.8 77.1 78.1 78.2 78.2 79.0 78.9 78.6 78.1 | 77.5 77.3 78.5 78.5 | 77.9 1992 | 78.2 78.6 79.1 79.5 79.6 79.4 79.7 79.3 79.5 79.9 80.2 79.9 | 78.6 79.5 79.5 80.0 | 79.4 1993 | 80.5 80.5 80.4 80.7 80.2 80.0 80.2 79.8 80.5 80.5 80.8 81.3 | 80.5 80.3 80.1 80.8 | 80.5 1994 | 81.1 81.3 81.7 82.1 82.4 82.3 82.6 82.7 82.6 83.0 83.5 84.1 | 81.4 82.3 82.6 83.5 | 82.5 1995 | 84.3 83.7 83.5 83.1 82.9 82.8 82.3 82.6 82.9 82.2 81.8 81.3 | 83.8 82.9 82.6 81.8 | 82.8 | | | 1996 | 80.8 81.5 80.6 81.4 81.6 81.7 81.7 81.5 81.4 81.1 81.5 81.5 | 81.0 81.6 81.5 81.4 | 81.4 1997 | 81.4 81.7 81.6 81.6 81.4 81.3 81.5 81.8 81.6 81.9 82.3 82.3 | 81.6 81.5 81.6 82.2 | 81.7 1998 | 82.1 81.4 81.2 81.4 81.1 80.3 | 81.6 80.9 | ------------------------------------------------------------------------------------------------------------------------------------------- <1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages. <2> Annual averages of industrial production are calculated from not seasonally adjusted indexes. Table 6 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES | | Index, 1992 = 100 | 1997 | Seasonally adjusted | Not seasonally adjusted | IP | 1997 1998 | 1997 1998 |Proportion<1>| Dec. Jan. Feb. Mar. Apr. May | Dec. Jan. Feb. Mar. Apr. May -------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Metal mining 10 | .42 | 103.8 105.3 119.5 105.5 102.9 104.0 | 103.5 101.3 117.7 105.0 101.7 103.9 Iron ore 101 | .06 | 112.3 116.8 113.8 105.9 116.1 114.3 | 110.9 104.9 105.2 101.1 106.5 117.6 Nonferrous ores 102-4,8,9 | .36 | 102.4 103.4 120.3 105.4 100.8 102.4 | 102.5 100.9 119.8 105.7 101.0 101.9 Copper 102 | .12 | 101.5 104.1 110.1 108.9 102.6 106.3 | 100.3 102.3 110.7 107.0 102.9 103.6 | | | Coal mining 12 | .86 | 117.4 116.0 108.4 109.4 110.6 118.2 | 113.2 115.3 113.8 114.7 110.4 111.6 | | | Oil and gas extraction 13 | 4.53 | 101.7 105.0 105.9 106.5 104.8 104.5 | 104.4 105.6 106.3 105.4 104.2 104.1 Crude oil and natural gas 131 | 3.44 | 94.6 97.3 97.5 98.4 97.5 97.6 | 96.9 98.1 98.7 98.8 97.3 97.3 Crude oil, total | 1.83 | 86.2 87.4 86.4 87.4 86.9 86.0 | 87.2 88.0 87.5 88.0 86.7 86.1 Natural gas | 1.61 | 106.1 110.9 112.7 113.6 112.1 113.6 | 110.2 112.1 114.2 113.7 111.9 112.8 Natural gas liquids 132 | .23 | 108.1 110.4 111.9 108.3 110.5 111.0 | 106.2 107.8 110.7 109.1 110.2 111.1 Oil and gas well drilling 138 | .86 | 145.9 154.0 158.9 158.6 150.5 148.1 | 153.4 154.0 154.6 147.9 147.7 146.4 | | | Stone and earth minerals 14 | .60 | 120.2 124.3 122.6 117.2 120.8 121.6 | 100.1 92.1 90.8 90.8 101.2 131.9 | | | Foods 20 | 9.30 | 110.9 112.9 112.0 111.4 112.3 112.1 | 107.6 107.5 106.1 106.8 107.8 109.6 Meat products 201 | 1.32 | 114.7 118.8 119.0 116.3 118.9 116.0 | 110.9 117.2 118.0 116.2 117.0 115.8 Beef | .43 | 108.4 112.5 115.8 113.4 114.1 112.3 | 101.5 110.4 112.7 108.7 109.2 113.4 Pork | .27 | 106.1 112.8 112.1 108.1 110.3 106.3 | 110.0 111.8 111.0 111.5 109.4 101.3 Poultry | .61 | 127.9 130.8 129.0 126.6 131.2 128.0 | 120.9 128.0 128.6 126.9 130.0 128.6 Miscellaneous meats | .01 | 84.5 83.4 80.1 81.1 81.4 78.2 | 86.9 83.4 85.7 90.8 83.4 73.8 Dairy products 202 | .80 | 102.4 104.4 104.4 103.3 104.7 105.1 | 98.7 100.6 105.1 107.6 112.7 113.5 Butter 2021 | .01 | 80.4 78.8 81.9 78.9 78.2 80.0 | 89.9 98.5 99.2 89.1 91.0 83.2 Cheese 2022 | .19 | 113.0 115.9 114.8 114.8 119.2 116.3 | 114.8 112.3 115.9 117.7 120.8 120.1 Concentrated milk 2023 | .14 | 85.6 88.7 87.4 84.3 83.6 83.7 | 91.1 91.1 90.8 91.5 102.1 101.1 Frozen desserts 2024 | .13 | 108.3 112.4 115.1 113.0 114.4 117.3 | 78.5 88.0 107.5 117.7 125.5 131.2 Milk and misc. dairy products 2026 | .33 | 104.0 104.3 104.4 104.0 105.1 106.4 | 101.6 103.7 105.8 107.4 109.7 111.0 | | | Canned and frozen food 203 | 1.21 | 102.9 106.7 103.7 105.6 106.4 104.4 | 95.7 95.2 93.2 95.9 97.0 97.5 Grain mill products 204 | 1.37 | 120.3 119.0 117.9 118.8 120.2 120.8 | 121.7 116.7 114.4 117.2 114.6 117.8 Bakery products 205 | .99 | 106.5 106.0 104.7 103.1 104.2 104.3 | 100.4 98.8 95.1 94.7 98.2 101.3 Sugar and confectionery 206 | .61 | 105.6 111.9 113.2 110.2 113.0 112.6 | 121.8 114.4 108.0 103.3 95.5 97.1 Fats and oils 207 | .25 | 108.7 108.4 112.1 110.3 108.6 106.4 | 113.6 112.1 116.6 113.7 108.9 102.1 Beverages 208 | 1.68 | 113.9 114.9 114.0 114.2 112.7 115.6 | 102.0 105.1 103.2 108.9 112.3 116.7 Beer and ale 2082,3 | .54 | 99.8 104.3 103.5 101.3 99.7 105.2 | 81.8 97.8 96.4 103.9 109.6 114.4 Soft drinks 2086,7 | .94 | 127.3 125.9 125.5 127.2 125.5 127.2 | 116.4 113.9 110.8 114.7 118.1 124.1 Coffee and miscellaneous 209 | 1.06 | 115.5 118.6 117.1 116.0 116.8 115.8 | 114.9 113.3 110.5 105.5 108.0 111.0 Roasted coffee 2095 | .13 | 87.6 87.9 90.8 92.0 90.7 | 107.1 97.4 102.5 76.6 82.0 | | | Tobacco products 21 | 1.30 | 110.1 116.9 115.9 114.7 114.9 114.9 | 89.4 113.3 119.8 121.3 111.2 109.6 | | | Textile mill products 22 | 1.52 | 110.4 111.8 109.6 108.9 109.1 110.6 | 98.9 105.2 108.0 108.5 112.8 113.2 Fabrics 221-4 | .38 | 113.4 105.6 109.7 108.1 109.7 106.0 | 105.0 106.3 109.9 110.5 112.6 110.8 Cotton and synthetic 221,2 | .31 | 112.6 103.7 109.3 108.0 110.1 106.2 | 102.8 103.9 108.7 109.5 112.5 110.6 Narrow fabrics 224 | .04 | 109.3 111.6 113.5 112.7 113.0 109.1 | 111.0 111.0 110.7 112.0 109.3 110.1 Knit goods 225 | .42 | 110.9 112.4 109.1 113.8 113.0 111.7 | 98.3 93.9 103.2 105.9 113.1 116.9 Knit garments 2253,4,7-9 | .31 | 115.3 116.6 111.8 118.3 117.5 116.0 | 104.0 96.6 105.9 108.5 112.2 120.5 Fabric finishing 226 | .13 | 88.7 89.1 94.1 91.9 92.9 93.6 | 78.0 89.6 95.6 91.1 97.1 98.3 Carpeting 227 | .19 | 99.7 129.6 115.4 104.7 107.1 124.6 | 82.0 117.1 110.3 108.6 124.9 113.8 Yarns and miscellaneous 228,9 | .40 | 121.7 117.9 113.4 113.6 111.9 114.0 | 111.1 117.3 115.3 116.8 112.9 117.4 Cotton and synthetic yarns 2281,2,4 | .19 | 121.5 113.9 106.0 105.8 101.6 105.4 | 99.4 113.0 110.4 111.3 105.8 111.0 | | | Apparel products 23 | 1.77 | 99.3 99.3 97.7 98.2 98.3 97.1 | 99.4 96.1 95.9 97.2 95.0 97.4 | | | Lumber and products 24 | 2.08 | 114.4 114.8 116.7 115.6 116.6 116.9 | 108.3 109.2 114.0 114.5 116.8 115.5 Logging and lumber 241,2 | .82 | 108.4 105.3 107.9 106.4 107.6 107.7 | 101.0 100.7 106.9 105.8 106.3 103.8 Logging 241 | .28 | 97.9 89.7 90.6 89.6 88.2 90.3 | 95.0 83.6 85.9 82.9 81.4 86.4 Lumber products 243-5,9 | 1.26 | 119.0 121.9 123.4 122.6 123.4 123.9 | 113.8 115.6 119.4 121.1 124.8 124.3 Millwork and plywood 243 | .68 | 118.7 121.9 123.3 121.9 122.3 122.8 | 116.6 115.3 116.4 118.3 120.9 123.9 Plywood 2435,6 | .15 | 98.6 102.0 100.4 100.3 105.2 102.4 | 90.1 98.5 100.1 101.4 104.9 104.6 Manufactured homes 245 | .21 | 132.4 144.0 148.6 145.4 146.9 | 110.7 124.3 142.1 147.8 154.6 -------------------------------------------------------------------------------------------------------------------------------------------------------- <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. Note: Estimates for March to May are revised. Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES | | Index, 1992 = 100 | 1997 | Seasonally adjusted | Not seasonally adjusted | IP | 1997 1998 | 1997 1998 |Proportion<1>| Dec. Jan. Feb. Mar. Apr. May | Dec. Jan. Feb. Mar. Apr. May -------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Furniture and fixtures 25 | 1.39 | 124.4 122.5 120.4 123.0 122.5 122.5 | 122.2 117.9 120.2 120.6 120.5 119.0 Household furniture 251 | .63 | 122.6 120.1 118.5 120.5 120.9 122.0 | 121.1 116.0 120.6 120.9 121.7 118.4 | | | Paper and products 26 | 3.42 | 114.1 112.4 114.6 112.4 112.9 112.3 | 110.0 113.8 115.8 113.0 113.8 110.7 Pulp and paper 261-3 | 1.57 | 113.7 113.2 114.4 112.0 112.6 111.2 | 111.0 114.3 116.1 112.5 112.6 110.3 Wood pulp 261 | .14 | 103.6 101.6 103.0 101.2 102.2 102.6 | 101.9 103.6 104.0 99.4 103.1 100.1 Paper 262 | .93 | 111.8 109.1 112.0 109.3 110.3 109.4 | 109.5 110.7 113.3 110.0 110.4 108.0 Paperboard 263 | .51 | 120.1 124.7 122.3 120.3 120.2 117.1 | 116.4 124.6 124.9 121.1 119.6 117.7 Paper products 265,7 | 1.85 | 114.3 111.5 114.6 112.6 113.0 113.0 | 109.0 113.2 115.4 113.2 114.6 110.8 Paperboard containers 265 | .63 | 119.4 113.6 118.1 118.5 116.6 119.4 | 106.0 113.9 117.6 118.9 120.9 114.5 Converted paper products 267 | 1.22 | 111.6 110.3 112.7 109.5 111.0 109.6 | 110.1 112.5 114.0 110.1 111.2 108.6 | | | Printing and publishing 27 | 6.58 | 107.1 106.5 105.6 105.0 105.1 104.8 | 105.0 101.0 100.8 100.2 103.2 101.7 Newspapers 271 | 1.53 | 98.1 97.9 98.1 98.3 98.0 97.6 | 99.2 92.8 97.7 94.2 102.9 95.4 Periodicals, books, and cards 272,3,7 | 2.08 | 112.1 111.0 107.9 106.1 105.2 104.8 | 113.7 109.0 107.5 107.0 106.1 104.7 Job printing 274-6,8,9 | 2.97 | 108.7 108.2 108.2 107.8 109.0 108.7 | 102.2 100.1 98.0 98.8 101.3 103.1 | | | Chemicals and products 28 | 10.01 | 118.2 118.7 117.6 117.7 118.5 117.7 | 113.1 115.3 114.7 114.9 116.3 116.1 Industrial chemicals and | | | synthetic materials 281,2,6 | 3.83 | 117.0 116.7 114.6 113.8 114.8 113.4 | 113.5 115.8 116.3 115.0 117.1 113.8 Basic chemicals 281 | .75 | 94.0 97.1 93.2 92.5 92.0 90.6 | 90.9 93.8 95.7 90.7 92.4 89.3 Alkalies and chlorine 2812 | .08 | 117.9 123.3 120.9 117.2 107.5 | 119.9 122.2 120.9 116.6 107.1 Inorganic pigments 2816 | .08 | 97.3 97.5 99.1 92.7 101.4 88.5 | 95.7 96.1 99.9 93.6 104.3 90.3 Inorganic chemicals, nec 2819 | .46 | 87.0 91.5 85.6 85.8 85.0 84.8 | 83.0 87.4 89.0 83.1 85.2 82.9 Acids and other | .35 | 108.5 114.3 106.6 104.7 | 102.4 107.9 111.9 100.6 | | | Synthetic materials 282 | 1.41 | 127.2 126.7 124.6 123.4 126.5 123.0 | 120.2 124.6 127.4 127.2 130.4 124.5 Plastics materials 2821 | .92 | 133.4 134.3 129.7 128.3 132.7 | 125.1 131.2 132.8 132.7 137.5 Synthetic fibers 2823,4 | .35 | 112.0 110.5 114.1 112.3 114.6 107.3 | 107.2 109.2 116.0 112.9 115.1 108.2 Industrial organic chemicals 286 | 1.67 | 122.6 120.6 119.4 118.9 119.2 | 121.6 121.8 119.8 119.7 121.1 | | | Chemical products 283-5,9 | 5.56 | 121.0 121.7 121.3 122.1 122.9 122.3 | 114.2 116.0 114.6 115.9 116.9 118.9 Drugs and medicines 283 | 3.01 | 122.3 125.1 123.7 123.7 124.4 124.7 | 116.4 117.0 114.8 115.0 115.8 119.9 Soap and toiletries 284 | 1.52 | 120.5 118.2 117.8 119.1 121.0 119.2 | 114.5 116.3 113.5 115.1 114.5 114.3 Paints 285 | .41 | 107.3 107.9 112.3 112.7 111.7 111.2 | 83.4 92.1 108.4 113.0 120.5 120.9 Agricultural chemicals 287 | .62 | 101.7 105.3 104.1 104.0 102.5 104.3 | 101.5 105.8 105.4 105.0 106.1 105.3 | | | Petroleum products 29 | 1.82 | 109.7 112.3 111.9 114.8 114.6 112.7 | 110.0 104.0 103.4 107.0 112.6 114.6 Petroleum refining and misc. 291,9 | 1.65 | 108.9 110.3 108.6 111.4 111.6 110.1 | 109.5 103.8 101.9 105.4 110.7 112.0 Miscellaneous petroleum products | .39 | 112.2 116.8 112.5 113.3 111.7 112.8 | 99.2 95.9 98.3 106.0 113.2 120.7 Distillate fuel oil | .29 | 115.0 116.2 118.0 119.1 116.0 | 120.4 111.7 110.9 113.9 116.0 Residual fuel oil | .05 | 82.7 78.3 71.4 92.2 100.8 | 90.8 85.9 75.4 88.4 95.5 Aviation fuel and kerosene | .15 | 108.1 105.5 105.6 115.0 113.5 | 116.3 110.8 105.3 109.4 108.1 Automotive gasoline | .76 | 107.1 108.3 106.9 108.4 110.1 | 111.2 105.1 102.2 102.9 109.3 Paving and roofing materials 295 | .18 | 114.9 129.0 140.9 144.8 140.6 135.0 | 112.0 103.6 115.3 119.4 128.8 137.3 | | | Rubber and plastics products 30 | 3.65 | 129.3 129.3 129.4 129.7 131.8 130.3 | 128.5 127.3 129.5 130.2 128.9 130.1 Tires 301 | .32 | 122.4 120.6 123.8 124.6 126.8 125.6 | 103.3 123.8 135.9 137.7 128.7 123.1 Other rubber products 302,5,6 | .63 | 125.5 126.4 123.4 124.6 127.7 125.5 | 120.7 117.5 123.1 124.5 125.5 123.7 Plastics products, nec 308 | 2.70 | 131.2 131.3 131.7 131.8 133.5 132.3 | 133.7 130.2 130.5 130.8 129.9 132.6 | | | Leather and products 31 | .18 | 71.3 69.4 70.8 69.4 68.2 67.7 | 71.3 67.6 69.2 69.2 67.6 68.2 Shoes 314 | .07 | 66.1 64.6 66.3 64.5 62.2 62.1 | 66.3 63.4 64.0 63.2 60.7 62.6 | | | Stone, clay, and glass products 32 | 2.24 | 123.4 122.3 121.4 120.7 119.8 120.2 | 117.4 114.7 115.7 117.3 119.9 121.3 Pressed and blown glass 322 | .30 | 111.1 106.1 103.3 103.7 105.3 103.3 | 98.8 102.2 104.1 104.3 106.5 105.2 Glass containers 3221 | .11 | 85.8 77.7 76.8 76.8 76.3 74.4 | 64.9 73.2 79.9 80.0 79.4 77.7 Cement 324 | .19 | 125.5 138.0 132.8 128.1 132.9 | 96.3 81.9 93.6 110.8 132.6 | | | Structural clay products 325 | .12 | 121.9 119.0 117.1 116.0 115.9 115.7 | 111.5 107.4 113.9 117.8 120.4 123.4 Concrete and miscellaneous 326-9 | 1.35 | 127.2 125.9 126.8 126.1 123.0 124.2 | 126.1 124.0 122.8 122.8 123.2 123.5 -------------------------------------------------------------------------------------------------------------------------------------------------------- <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year. Note: Estimates for March to May are revised. Table 6 (continued) INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES | | Index, 1992 = 100 | 1997 | Seasonally adjusted | Not seasonally adjusted | IP | 1997 1998 | 1997 1998 |Proportion<1>| Dec. Jan. Feb. Mar. Apr. May | Dec. Jan. Feb. Mar. Apr. May -------------------------------------------------------------------------------------------------------------------------------------------------------- | | | Primary metals 33 | 3.47 | 127.2 129.3 128.1 127.1 127.1 126.4 | 123.7 128.3 131.8 130.8 128.9 127.5 Iron and steel 331,2 | 1.86 | 126.1 127.9 127.0 126.7 125.9 124.5 | 121.8 126.2 131.4 130.7 129.4 126.0 Basic steel and mill products 331 | 1.43 | 128.7 129.5 130.7 129.3 127.8 125.8 | 123.8 129.4 135.7 133.5 131.1 128.0 Basic iron and steel | .28 | 110.0 113.0 111.7 109.9 111.4 110.6 | 110.2 113.5 114.5 113.1 111.7 110.3 Pig iron | .16 | 108.9 112.3 109.3 108.5 109.7 108.6 | 110.8 113.0 111.9 111.3 108.4 107.9 Raw steel | .09 | 119.2 122.8 123.7 119.5 122.8 122.3 | 116.5 123.1 128.5 124.8 125.3 122.5 | | | Steel mill products | 1.15 | 134.2 134.3 136.4 135.0 132.6 130.2 | 127.8 134.1 142.0 139.5 136.8 133.2 Consumer durable steel | .18 | 143.5 130.4 136.8 138.1 135.1 130.4 | 123.8 130.2 147.1 149.1 140.6 139.3 Equipment steel | .12 | 132.3 131.4 124.0 131.0 132.2 126.2 | 127.4 135.2 132.0 136.6 134.6 126.6 Construction steel | .14 | 151.6 157.1 159.7 155.9 158.8 159.0 | 148.0 147.7 157.6 150.6 158.2 161.5 Can and closure steel | .04 | 94.4 116.5 108.6 108.0 105.7 96.9 | 117.7 102.0 102.6 110.4 102.8 100.3 Miscellaneous steel | .66 | 132.5 133.6 136.9 133.7 129.9 128.7 | 126.1 134.8 142.7 137.7 134.9 130.1 Iron and steel foundries 332 | .43 | 117.7 122.7 114.9 118.4 119.5 119.9 | 115.3 115.8 117.7 121.6 123.8 119.6 | | | Nonferrous metals 333-6,9 | 1.61 | 128.5 131.0 129.4 127.5 128.6 128.8 | 126.0 130.8 132.2 131.0 128.2 129.2 Primary nonferrous metals 333 | .27 | 109.9 109.4 108.9 109.7 112.6 111.9 | 110.1 110.8 111.6 110.9 113.4 111.2 Copper 3331 | .08 | 140.1 133.9 135.9 132.0 137.9 137.1 | 141.3 135.5 139.7 131.6 138.8 133.1 Aluminum 3334 | .14 | 90.0 89.8 90.0 90.9 92.1 92.3 | 90.5 90.3 90.5 91.3 92.0 92.2 | | | Nonferrous products 335,6 | 1.08 | 127.1 129.5 127.5 125.4 126.1 125.6 | 123.6 130.3 130.2 129.4 124.5 126.8 Nonferrous mill products 335 | .78 | 119.4 122.7 120.3 118.2 119.3 119.1 | 113.5 123.6 123.5 123.2 119.1 120.7 Aluminum 3353-5 | .26 | 102.8 108.4 108.5 100.9 105.1 106.3 | 89.4 109.8 114.3 111.5 109.8 107.2 Nonferrous foundries 336 | .30 | 152.9 151.9 151.5 149.1 148.7 147.4 | 156.7 152.7 152.4 150.1 142.7 147.3 | | | Fabricated metal products 34 | 5.25 | 126.7 125.6 124.3 125.0 125.9 125.9 | 126.3 121.3 122.5 123.8 122.3 124.5 Metal containers 341 | .16 | 105.0 101.5 99.6 100.3 101.8 103.4 | 93.4 90.3 84.4 96.1 99.7 114.2 Hardware, tools, and cutlery 342 | .55 | 125.2 124.4 122.3 122.2 123.5 125.0 | 122.1 117.3 121