Table 7
 INDUSTRIAL PRODUCTION:  GROSS VALUE OF PRODUCTS
 Billions of 1992 dollars at annual rates, seasonally adjusted
                                      |        |        |   1996            1997                         |   1997                                    1998 
 Item                                 |    1992|   1997 |     Q3      Q4      Q1      Q2    Q3     Q4    |   Aug.   Sept.    Oct.    Nov.    Dec.    Jan. 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                      |        |        |                                                |
  Products, total                     | 2001.9 | 2384.5 | 2304.6  2317.4  2343.8  2361.5  2389.1  2432.1 | 2402.0  2396.9  2416.1  2440.6  2439.6  2444.1 
                                      |        |        |                                                |
     Final products                   | 1552.1 | 1863.3 | 1800.0  1805.9  1828.0  1840.7  1868.0  1902.1 | 1879.3  1875.6  1890.6  1909.7  1906.2  1913.8 
                                      |        |        |                                                |
        Consumer goods                | 1049.6 | 1201.3 | 1177.9  1182.5  1188.3  1190.7  1199.8  1220.0 | 1205.2  1203.3  1215.9  1222.7  1221.4  1224.4 
           Durable                    |  238.3 |  314.1 |  308.7   302.2   309.4   305.4   311.8   322.3 |  316.5   316.9   315.2   328.7   322.8   323.2 
              Automotive products     |  123.8 |  162.5 |  160.7   154.4   160.5   154.7   159.9   168.7 |  164.2   166.6   164.4   173.5   168.2   166.2 
              Other durable goods     |  114.4 |  151.8 |  148.1   148.2   149.1   151.1   152.2   153.5 |  152.4   150.1   150.8   155.0   154.7   157.3 
           Nondurable                 |  811.3 |  887.7 |  869.7   880.3   879.3   885.4   888.5   898.7 |  889.5   887.2   901.0   895.5   899.6   902.1 
                                      |        |        |                                                |
        Equipment, total              |  502.5 |  661.7 |  621.4   622.7   639.3   649.6   668.0   682.1 |  674.0   672.3   674.5   687.1   684.8   689.5 
           Business and defense       |  483.9 |  634.5 |  594.9   597.2   612.3   621.8   640.3   655.6 |  646.3   644.7   647.7   660.2   658.9   661.7 
              Business                |  399.2 |  570.5 |  529.2   531.9   547.9   557.4   576.8   592.3 |  582.7   581.4   584.4   596.9   595.7   598.1 
              Defense and space       |   84.7 |   64.1 |   65.7    65.2    64.5    64.5    63.7    63.5 |   63.8    63.6    63.5    63.6    63.5    63.9 
                                      |        |        |                                                |
     Intermediate products            |  449.9 |  521.9 |  505.2   511.7   516.1   521.1   521.9   530.9 |  523.7   522.2   526.5   531.9   534.2   531.4 
        Construction supplies         |  177.2 |  216.0 |  210.9   212.4   214.3   216.6   215.3   217.9 |  217.5   213.4   214.8   219.5   219.4   219.8 
        Business supplies             |  272.7 |  305.6 |  294.0   299.0   301.6   304.2   306.3   312.6 |  305.8   308.6   311.4   312.0   314.5   311.2 
           Commercial energy products |   70.4 |   81.6 |   79.2    80.8    80.3    81.9    82.2    84.4 |   81.5    83.2    84.8    84.0    84.3    81.7 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for January are preliminary.  Estimates from October to December are revised.