Table 7
 INDUSTRIAL PRODUCTION:  GROSS VALUE OF PRODUCTS
 Billions of 1992 dollars at annual rates, seasonally adjusted
                                      |        |        |   1996    1997                            1998 |   1997    1998                                 
 Item                                 | 1992   |   1997 |     Q4      Q1      Q2      Q3    Q4     Q1    |   Dec.    Jan.    Feb.    Mar.    Apr.     May 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                      |        |        |                                                |
  Products, total                     | 2001.9 | 2384.3 | 2317.4  2343.8  2361.5  2389.1  2431.2  2436.7 | 2435.3  2442.8  2427.7  2439.6  2455.5  2466.2 
                                      |        |        |                                                |
     Final products                   | 1552.1 | 1863.3 | 1805.9  1828.0  1840.7  1868.0  1902.1  1904.7 | 1904.9  1911.9  1895.0  1907.2  1923.1  1932.0 
                                      |        |        |                                                |
        Consumer goods                | 1049.6 | 1201.0 | 1182.5  1188.3  1190.7  1199.8  1218.6  1217.7 | 1215.7  1224.6  1209.6  1219.0  1225.8  1230.2 
           Durable                    |  238.3 |  314.0 |  302.2   309.4   305.4   311.8   322.1   321.7 |  322.7   324.5   320.0   320.6   324.7   327.9 
              Automotive products     |  123.8 |  162.5 |  154.4   160.5   154.7   159.9   168.7   164.3 |  168.0   166.0   163.4   163.4   165.3   167.7 
              Other durable goods     |  114.4 |  151.8 |  148.2   149.1   151.1   152.2   153.5   157.8 |  154.7   158.8   157.0   157.6   159.8   160.6 
           Nondurable                 |  811.3 |  887.4 |  880.3   879.3   885.4   888.5   897.4   897.0 |  894.1   901.2   890.6   899.2   902.2   903.5 
                                      |        |        |                                                |
        Equipment, total              |  502.5 |  662.0 |  622.7   639.3   649.6   668.0   683.6   687.1 |  689.4   687.3   685.5   688.4   697.5   702.2 
           Business and defense       |  483.9 |  634.8 |  597.2   612.3   621.8   640.3   657.1   658.2 |  663.6   659.2   656.2   659.3   669.8   674.7 
              Business                |  399.2 |  570.8 |  531.9   547.9   557.4   576.8   593.9   594.2 |  600.4   595.0   591.8   595.7   606.5   610.4 
              Defense and space       |   84.7 |   64.1 |   65.2    64.5    64.5    63.7    63.5    64.3 |   63.5    64.5    64.6    63.9    63.6    64.6 
                                      |        |        |                                                |
     Intermediate products            |  449.9 |  521.7 |  511.7   516.1   521.1   521.9   530.1   532.8 |  531.4   532.0   533.3   533.2   533.6   535.4 
        Construction supplies         |  177.2 |  215.9 |  212.4   214.3   216.6   215.3   217.4   222.7 |  217.8   221.7   224.4   222.0   221.6   222.7 
        Business supplies             |  272.7 |  305.5 |  299.0   301.6   304.2   306.3   312.3   309.7 |  313.3   309.9   308.5   310.9   311.7   312.3 
           Commercial energy products |   70.4 |   81.5 |   80.8    80.3    81.9    82.2    84.2    81.6 |   83.3    81.4    79.8    83.6    82.7    83.4 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for May are preliminary.  Estimates from February to April are revised.