Table 6
 Diffusion Indexes of Industrial Production
 Percent
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 Year       Jan.    Feb.    Mar.    Apr.     May    June    July    Aug.   Sept.    Oct.    Nov.    Dec.
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 One Month Earlier
  2001     41.4    40.3    40.3    46.8    35.3    38.0    47.5    45.1    42.4    43.1    38.6    49.5 
  2002     55.6    61.0    61.0    58.0    59.3    55.9    52.9    48.5    43.9    41.7    48.1    45.1 
  2003     54.9    48.8    43.4    37.1    55.6    52.0    58.1    45.3 
 
 Three Months Earlier
  2001     34.6    29.8    33.9    36.9    33.9    36.9    39.0    40.3    38.0    40.7    37.6    40.3 
  2002     44.7    55.1    59.9    60.7    63.1    62.0    63.7    58.3    47.5    38.3    47.1    42.0 
  2003     47.8    45.8    43.7    33.9    42.0    44.4    57.6    54.6 
 
 Six Months Earlier
  2001     30.2    30.5    28.5    27.8    27.8    30.8    31.5    38.0    38.0    32.5    33.2    38.0 
  2002     39.3    43.9    52.7    53.7    66.3    66.3    65.8    63.7    54.9    49.8    51.2    45.4 
  2003     41.4    39.3    42.0    38.3    37.3    40.3    44.7    44.1 
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      Note:  The diffusion indexes are calculated as the percentage of series that increased over the indicated
 span (one, three, or six months) plus one-half the percentage that were unchanged.