INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION:  SUMMARY
 Seasonally adjusted
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                               |                    1992=100                     |                  Percent change
                               | ----------------------------------------------- | -------------------------------------------------
                               |       2002                                      |   2002                          |    July '01 to 
 Industrial production         |       Apr.         May        June        July  |   Apr.     May    June    July  |      July '02 
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                               |                                                 |                                 |
  Total index                  |      138.8       139.5       140.4       140.7  |     .1      .5      .7      .2  |             .2 
     Previous estimates        |      138.9       139.5       140.6              |     .2      .4      .8          |                
                               |                                                 |                                 |
  Major market groups:         |                                                 |                                 |
  Products, total              |      127.0       127.2       128.0       128.1  |    -.3      .1      .6      .1  |           -1.6 
     Consumer goods            |      121.4       121.3       122.3       122.7  |    -.3      .0      .9      .3  |             .5 
     Business equipment        |      162.9       163.4       163.7       163.6  |    -.4      .3      .2     -.1  |           -7.1 
     Construction supplies     |      138.3       138.8       139.1       139.0  |   -1.0      .4      .2     -.1  |            1.2 
  Materials                    |      158.8       160.6       161.9       162.3  |     .9     1.2      .8      .2  |            3.2 
                               |                                                 |                                 |
  Major industry groups:       |                                                 |                                 |
  Manufacturing                |      143.4       144.2       145.1       145.2  |     .0      .6      .6      .1  |             .0 
     Durable                   |      177.2       178.4       179.7       180.6  |     .3      .7      .7      .5  |             .4 
     Nondurable                |      110.5       111.1       111.6       111.1  |    -.3      .5      .5     -.5  |            -.4 
  Mining                       |       95.3        96.5        97.7        96.5  |    -.1     1.3     1.2    -1.2  |           -5.3 
  Utilities                    |      123.9       122.7       124.2       127.0  |    1.7    -1.0     1.2     2.3  |            7.5 
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                               |                                                                                   |    Capacity
                               |                                Percent of capacity                                |     growth
                               | --------------------------------------------------------------------------------- | ---------------
                               |     Average        1982     1988-89       2001  |   2002                          |    July '01 to 
 Capacity utilization          |  1967-2001          Low        High       July  |   Apr.     May    June    July  |      July '02 
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                               |                                                 |                                 |
  Total industry               |       81.9        71.1        85.4        76.7  |   75.3    75.6    76.0    76.1  |            1.0 
     Previous estimates        |                                                 |   75.3    75.6    76.1          |                
                               |                                                 |                                 |
  Manufacturing                |       80.9        69.0        85.7        75.1  |   73.6    74.0    74.4    74.4  |             .9 
     Advanced processing       |       80.3        71.0        84.2        75.1  |   72.5    72.5    73.0    72.9  |             .6 
     Primary processing        |       82.0        65.7        88.3        74.9  |   75.4    76.3    76.6    76.7  |            1.5 
  Mining                       |       87.6        80.3        88.0        90.9  |   84.4    85.5    86.5    85.5  |             .7 
  Utilities                    |       87.6        75.9        92.6        86.0  |   87.0    85.8    86.6    88.3  |            4.7 
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 Note:  Estimates for July are preliminary.  Estimates from April to June are revised.