Table 4 INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION: 1987-1996 <1> MANUFACTURING Seasonally Adjusted --------------------------------------------------------------------------------------------------------------------------------------------- | | | | Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4|Annual <2> --------------------------------------------------------------------------------------------------------------------------------------------- | | | Industrial | | | Production, | | | Percent | | | Change | | | 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 1.0 .6 | 2.4 4.1 3.7 5.2 | 4.7 1989 | .9 -1.2 .8 .1 -.7 .0 -1.1 .4 -.3 -.6 .4 .1 | 4.3 -.7 -4.5 -1.4 | 1.9 1990 | -.2 .9 .3 -.8 .4 -.1 .0 .3 .0 -.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 | .2 .8 .9 .6 .4 -.1 .7 -.3 .4 .7 .6 -.1 | 2.3 7.3 2.8 5.1 | 4.0 1993 | .8 .3 .1 .5 -.5 .0 .3 -.3 1.1 .2 .5 .8 | 4.5 1.4 1.2 6.2 | 3.7 1994 | .1 .6 .9 .7 .7 .2 .8 .1 .2 .7 .7 .9 | 6.3 8.1 5.0 6.7 | 5.5 1995 | .4 -.4 .1 -.3 -.1 .2 -.1 .7 .7 -.4 -.1 .1 | 4.2 -1.4 2.6 1.0 | 3.5 1996 | -.4 1.3 -.8 1.1 .4 .7 .5 .1 .2 .0 .6 1.0 | 1.1 6.3 5.0 3.7 | 2.7 | | | Industrial | | | Production | | | 1987 | 89.6 91.0 91.2 91.6 91.9 92.8 93.4 93.3 93.4 94.6 95.0 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 97.2 97.5 97.7 97.9 98.9 99.4 | 95.7 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 97.9 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 99.1 98.5 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 | 97.2 98.0 98.9 99.5 100.0 99.9 100.5 100.2 100.6 101.4 102.0 101.8 | 98.0 99.8 100.5 101.7 | 100.0 1993 | 102.6 102.9 103.0 103.6 103.0 103.0 103.4 103.0 104.2 104.4 105.0 105.9 | 102.9 103.2 103.5 105.1 | 103.7 1994 | 106.0 106.6 107.5 108.2 109.0 109.2 110.0 110.1 110.3 111.1 111.9 112.9 | 106.7 108.8 110.2 111.9 | 109.4 1995 | 113.3 112.9 113.1 112.7 112.6 112.9 112.7 113.4 114.2 113.8 113.6 113.8 | 113.1 112.7 113.4 113.7 | 113.2 1996 | 113.4 114.8 113.9 115.2 115.7 116.4 117.0 117.2 117.4 117.4 118.1 119.3 | 114.0 115.8 117.2 118.3 | 116.3 | | | Capacity | | | 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 | 115.1 115.3 115.4 115.5 115.7 115.8 116.0 116.1 116.3 116.5 116.6 116.8 | 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 | 119.9 120.1 120.3 120.5 120.7 120.9 121.1 121.3 121.5 121.7 121.9 122.2 | 120.1 120.7 121.3 121.9 | 121.0 1991 | 122.4 122.6 122.7 122.9 123.1 123.3 123.5 123.6 123.8 124.0 124.2 124.3 | 122.6 123.1 123.6 124.1 | 123.4 1992 | 124.5 124.7 125.0 125.2 125.4 125.7 125.9 126.1 126.3 126.5 126.8 127.0 | 124.7 125.4 126.1 126.8 | 125.8 1993 | 127.2 127.4 127.6 127.8 128.0 128.2 128.4 128.6 128.9 129.1 129.3 129.5 | 127.4 128.0 128.7 129.3 | 128.3 1994 | 129.8 130.1 130.5 130.8 131.2 131.5 131.9 132.2 132.6 132.9 133.3 133.6 | 130.1 131.2 132.2 133.3 | 131.7 1995 | 134.0 134.4 134.8 135.2 135.6 136.0 136.5 136.9 137.3 137.8 138.2 138.7 | 134.4 135.6 136.9 138.2 | 136.3 1996 | 139.1 139.6 140.1 140.5 141.0 141.5 142.0 142.5 142.9 143.4 143.9 144.4 | 139.6 141.0 142.5 143.9 | 141.7 | | | Utilization | | | 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 84.9 84.2 84.1 83.0 83.1 82.7 82.1 82.2 82.2 | 85.1 84.4 82.9 82.1 | 83.6 1990 | 81.8 82.4 82.6 81.8 82.0 81.8 81.6 81.7 81.5 80.9 79.7 79.1 | 82.3 81.9 81.6 79.9 | 81.4 1991 | 78.2 77.6 76.6 76.8 77.2 78.1 78.2 78.3 79.0 78.9 78.6 78.1 | 77.5 77.4 78.5 78.5 | 78.0 1992 | 78.1 78.6 79.1 79.5 79.7 79.5 79.9 79.5 79.7 80.1 80.4 80.2 | 78.6 79.5 79.7 80.2 | 79.5 1993 | 80.7 80.8 80.7 81.0 80.5 80.4 80.5 80.1 80.9 80.9 81.2 81.7 | 80.7 80.6 80.5 81.3 | 80.8 1994 | 81.6 81.9 82.4 82.7 83.1 83.0 83.4 83.3 83.2 83.6 84.0 84.5 | 82.0 83.0 83.3 84.0 | 83.1 1995 | 84.6 84.0 83.9 83.4 83.0 83.0 82.6 82.9 83.2 82.6 82.2 82.0 | 84.2 83.1 82.9 82.3 | 83.1 1996 | 81.5 82.2 81.3 82.0 82.0 82.3 82.4 82.3 82.1 81.8 82.1 82.6 | 81.7 82.1 82.3 82.2 | 82.1 --------------------------------------------------------------------------------------------------------------------------------------------- <1> Estimates from October 1996 through December 1996 are subject to further revision in the upcoming monthly releases. <2> Annual averages of industrial production are calculated from not seasonally adjusted indexes.