INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Industrial production fell 0.6 percent in February, its fifth consecutive monthly decline.
Manufacturing output decreased 0.4 percent; it has fallen about 2-1/2 percent (not at an annual
rate) since September. Excluding motor vehicles and parts, manufacturing output decreased 0.5
percent in February. Output at utilities dropped back 2.3 percent, and production in mining
slipped 0.5 percent. At 146.0 percent of its 1992 average, industrial production was 1.2 percent
above its February 2000 level. The rate of capacity utilization for total industry fell to 79.4
percent in February, its sixth consecutive monthly decline, and is 2.7 percentage points below its
1967-2000 average.
Market Groups
-------------
The index for consumer goods fell 0.5 percent in February; the production of nondurables
decreased 0.7 percent, while the output of durables rose 0.5 percent. The output of nondurable
consumer goods was pulled down by declines in the production of clothing, foods and tobacco,
paper products, and energy products. The production of consumer durables rebounded a bit; a
downturn in motor vehicle output had contributed to a sharp drop-off during the previous four
months.
The output of business equipment slipped 0.3 percent in February. The index for
industrial and other equipment dropped 1.0 percent with declines in machinery and construction
equipment more than offsetting a rise in farm equipment. The production of transit equipment,
which had decreased considerably in the previous two months, fell 0.8 percent because of further
cuts in the assembly of medium and heavy trucks. The output of information processing
equipment posted a relatively small gain of 0.7 percent. The gains in this sector, which includes
computers, have slowed, on balance, in recent months.
The output of construction supplies fell 0.9 percent in February after having been
unchanged in the previous two months; the index is now 2.2 percent below its year-ago level.
The output of materials dropped 0.6 percent, with similar declines posted for both durable and
nondurable materials. Among durable materials industries, the output of semiconductors and
related electronic components increased a modest 0.3 percent. However, the production of
motor-vehicle-related parts and materials posted another large decline. Among nondurable
materials, the output of textiles dropped 2.2 percent in February; declines in the output of paper
and chemicals essentially reversed gains posted in January. The index for energy materials
dropped 0.7 percent in February after two months of little change.
Industry Groups
---------------
Manufacturing output declined 0.4 percent in February, with similar decreases in the
production of durable and nondurable goods; the losses were widespread. Among durable goods
industries, the largest decreases came in stone, clay, and glass products, fabricated metal
products, industrial machinery other than computers, and miscellaneous manufacturing. The
output of motor vehicles and parts, which had fallen almost 22 percent (not at an annual rate)
between September and January, was little changed in February. Among nondurables, a 1.3
percent rise in petroleum refining was the only significant increase.
The factory operating rate declined further in February, to 78.1 percent, which is 3.0
percentage points below its 1967-2000 average and the lowest level since late 1991. Capacity
utilization in high-tech industries (computers, communications equipment, and semiconductors)
dropped to 80.6 percent in February, or 9.4 percentage points below its July 2000 peak. The
utilization rate for primary-processing industries fell 0.9 percentage point, to 78.8 percent, while
that for advanced-processing industries dipped 0.4 percentage point, to 78.4 percent. The
operating rate at utilities fell again, to 90.4 percent from the high rate of 96.3 percent recorded in
December. The operating rate for mining declined slightly to 88.2 percent.
New Release Format
This statistical release, the G.17, was redesigned beginning with the preceding issue.
Special aggregates have been added. Although some detailed industry data no longer appear in
the regular release, they continue to be available on the Federal Reserve Board's public web site
(www.federalreserve.gov/releases/g17).
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION: SUMMARY
Seasonally adjusted
| 1992=100 | Percent change
----------------------------------------------------------------------------------------------------------------------------------
| 2000 2001 | 2000 2001 | Feb. '00 to
Industrial production | Nov. Dec. Jan. Feb. | Nov. Dec. Jan. Feb. | Feb. '01
----------------------------------------------------------------------------------------------------------------------------------
| | |
Total index | 148.2 147.7 146.8 146.0 | -.3 -.3 -.6 -.6 | 1.2
Previous estimates | 148.2 147.4 147.0 | -.3 -.5 -.3 |
| | |
Major market groups: | | |
Products, total | 136.3 136.3 135.6 134.9 | .0 .0 -.5 -.5 | .5
Consumer goods | 122.4 122.8 121.7 121.2 | -.3 .4 -.9 -.5 | -1.3
Business equipment | 200.6 199.4 198.6 198.1 | .3 -.6 -.4 -.3 | 6.0
Construction supplies | 141.6 141.5 141.6 140.3 | -.5 .0 .0 -.9 | -2.2
Materials | 169.9 168.4 167.1 166.0 | -.7 -.9 -.8 -.6 | 2.2
| | |
Major industry groups: | | |
Manufacturing | 154.1 152.9 152.0 151.3 | -.5 -.8 -.6 -.4 | .9
Durable | 196.7 195.5 193.4 192.6 | -.4 -.6 -1.1 -.4 | 3.4
Nondurable | 115.5 114.4 114.4 113.9 | -.7 -1.0 .0 -.5 | -2.1
Mining | 101.1 100.2 102.3 101.8 | .9 -.8 2.1 -.5 | 2.7
Utilities | 121.9 129.8 125.5 122.6 | 1.6 6.4 -3.3 -2.3 | 2.6
----------------------------------------------------------------------------------------------------------------------------------
| | Capacity
| Percent of capacity | growth
| Average 1982 1988-89 2000 | 2000 2001 | Feb. '00 to
Capacity utilization | 1967-2000 Low High Feb. | Nov. Dec. Jan. Feb. | Feb. '01
----------------------------------------------------------------------------------------------------------------------------------
| | |
Total industry | 82.1 71.1 85.4 82.0 | 81.4 80.8 80.1 79.4 | 4.5
Manufacturing | 81.1 69.0 85.7 81.2 | 80.5 79.5 78.7 78.1 | 4.9
| | |
Advanced processing | 80.6 71.0 84.2 79.4 | 79.7 79.2 78.8 78.4 | 2.6
Primary processing | 82.2 65.7 88.3 85.2 | 82.8 81.1 79.7 78.8 | 8.5
Mining | 87.4 80.3 88.0 84.9 | 87.3 86.7 88.6 88.2 | -1.1
Utilities | 87.6 75.9 92.6 91.1 | 90.7 96.3 92.8 90.4 | 3.4
----------------------------------------------------------------------------------------------------------------------------------
Table 1
Industrial Production: Market and Industry Group Summary
Percent change, seasonally adjusted
| | Fourth quarter to | | |
| | fourth quarter | Annual rate | Monthly rate |
----------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | | | | Feb. '00
| 2000 | | 2000 | 2000 2001 | to
Item |Proportion<1>| 1998 1999 2000 | Q1 Q2 Q3 Q4 r | Nov. Dec. Jan. Feb. | Feb. '01
----------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | | | |
Total IP | 100.00 | 3.2 5.1 4.3 | 6.7 7.9 3.5 -.6 | -.3 -.3 -.6 -.6 | 1.2
| | | | |
MARKET GROUPS | | | | |
Products | 60.78 | 3.2 3.4 3.0 | 5.3 4.9 2.2 -.2 | .0 .0 -.5 -.5 | .5
Consumer goods | 28.72 | .2 3.1 .5 | 1.2 4.3 -.5 -2.8 | -.3 .4 -.9 -.5 | -1.3
Durable | 6.10 | 4.3 8.2 -4.4 | .9 4.4 -8.9 -12.9 | -1.9 -.5 -3.0 .5 | -7.9
Automotive products | 2.88 | 5.4 3.3 -6.9 | 2.4 5.5 -10.8 -21.9 | -3.0 -2.0 -5.9 1.7 | -13.0
Home electronics | .45 | 11.7 53.3 3.3 | -28.7 31.8 1.3 19.5 | -.4 3.1 -1.8 -.6 | 7.8
Appliances, furniture, carpeting | 1.36 | 6.9 6.0 -1.4 | 11.7 1.4 -10.9 -6.3 | -2.0 2.3 -1.5 .3 | -4.3
Miscellaneous goods | 1.41 | -2.5 4.6 -4.2 | 2.2 -2.9 -6.2 -9.7 | -.3 -1.4 .9 -1.1 | -6.1
| | | | |
Nondurable | 22.62 | -1.0 1.6 1.9 | 1.3 4.2 2.0 .1 | .2 .6 -.3 -.7 | .5
Non-energy | 19.18 | -.5 1.5 1.2 | .8 3.6 1.6 -1.1 | -.1 -.3 .2 -.6 | .3
Foods and tobacco | 9.97 | .6 .2 .9 | 4.2 .2 1.2 -2.1 | .3 -.5 -.4 -.5 | -1.3
Clothing | 1.39 | -8.1 -4.9 -4.4 | 1.9 -2.4 -9.6 -7.0 | .7 -1.0 .1 -2.2 | -7.7
Chemical products | 4.95 | 3.3 5.8 2.5 | -5.0 13.8 .7 1.3 | -.4 .4 .8 .0 | 5.0
Paper products | 2.88 | -5.4 2.6 3.1 | -1.3 2.2 10.6 1.5 | -1.1 -.3 1.2 -1.6 | 2.0
Energy | 3.44 | -4.1 2.5 5.9 | 4.4 7.9 4.5 6.7 | 1.6 5.2 -3.2 -1.1 | 1.7
| | | | |
Business equipment | 14.25 | 9.1 5.7 11.1 | 16.4 10.7 12.1 5.3 | .3 -.6 -.4 -.3 | 6.0
Transit | 2.60 | 12.9 -8.9 -8.8 | -2.7 -2.6 -8.2 -20.3 | .1 -3.5 -4.5 -.8 | -14.8
Information processing | 5.92 | 16.8 21.0 23.1 | 27.5 20.2 26.5 18.6 | 1.3 -.2 1.7 .7 | 19.0
Industrial and other | 5.72 | -.1 -1.5 8.6 | 14.9 7.7 7.7 4.4 | -.7 .1 -.9 -1.0 | 2.7
| | | | |
Defense and space equipment | 1.94 | 8.2 -3.1 -3.3 | -13.8 -2.8 .7 3.6 | 2.3 .6 1.4 -.1 | 3.4
| | | | |
Construction supplies | 6.13 | 7.6 4.5 .5 | 7.0 .3 -1.1 -3.9 | -.5 .0 .0 -.9 | -2.2
Business supplies | 9.03 | 1.8 2.3 1.9 | 5.0 2.7 -2.1 1.9 | .1 -.1 -.4 -.9 | -1.0
| | | | |
Materials | 39.22 | 3.7 8.0 6.3 | 8.8 12.7 5.6 -1.1 | -.7 -.9 -.8 -.6 | 2.2
Durable | 22.78 | 7.2 10.9 12.2 | 17.8 21.1 11.9 -.7 | -.9 -.9 -1.2 -.6 | 5.2
Consumer parts | 4.49 | .1 7.1 .2 | 4.7 4.5 -1.8 -6.3 | -4.0 -2.8 -7.2 -2.0 | -12.3
Equipment parts | 8.68 | 20.5 22.0 36.4 | 43.9 57.0 36.2 12.4 | 1.1 .8 .8 .3 | 27.5
Other | 9.61 | -.6 3.4 -1.7 | 3.8 1.5 -2.0 -9.7 | -1.4 -1.6 -.5 -1.0 | -5.2
| | | | |
Nondurable | 8.38 | -2.8 5.6 -5.2 | -4.1 -1.1 -7.6 -7.7 | -2.3 -2.0 -.1 -.6 | -6.5
Textile | .73 | -8.5 -1.2 -9.7 | 1.8 -1.1 -13.1 -23.8 | -4.8 .8 -.2 -2.2 | -13.5
Paper | 1.53 | -2.9 4.2 -4.5 | -3.2 1.4 -13.6 -1.8 | -3.2 -3.5 .5 -.5 | -6.2
Chemical | 4.31 | -4.0 9.4 -6.2 | -5.3 -.6 -6.8 -11.7 | -1.8 -3.4 .8 -.6 | -7.2
| | | | |
Energy | 8.06 | -.7 .5 1.7 | -3.0 3.7 1.8 4.4 | 1.4 .1 .0 -.7 | 2.6
| | | | |
| | | | |
INDUSTRY GROUPS | | | | |
Manufacturing | 87.40 | 4.0 5.6 4.3 | 7.1 8.0 3.7 -1.3 | -.5 -.8 -.6 -.4 | .9
Durable | 47.81 | 8.0 8.2 8.5 | 12.7 13.7 8.1 -.1 | -.4 -.6 -1.1 -.4 | 3.4
Lumber and products 24 | 1.82 | 5.4 .5 -7.4 | .8 -6.7 -10.5 -12.5 | -1.4 -1.6 -2.2 .5 | -10.5
Furniture and fixtures 25 | 1.61 | 6.2 3.1 5.6 | 4.4 6.5 7.2 4.5 | -1.5 .4 -.1 -.7 | 2.6
Stone, clay, and glass products 32 | 2.38 | 5.6 2.3 .9 | .3 .9 7.3 -4.4 | -2.0 -1.7 .6 -1.5 | -1.8
Primary metals 33 | 3.32 | -3.4 8.0 -5.6 | 2.7 2.7 -10.0 -16.5 | -1.4 -.8 -2.2 -.6 | -8.9
Fabricated metals 34 | 5.49 | 1.5 1.6 1.0 | 6.8 1.5 .5 -4.3 | -1.0 -1.1 .3 -1.3 | -2.9
Industrial machinery and equipment 35 | 9.06 | 11.6 13.6 14.4 | 25.2 12.4 13.3 7.3 | .1 .1 -1.1 -.4 | 6.6
Electrical machinery 36 | 9.02 | 20.4 25.2 39.4 | 44.9 58.8 39.1 18.0 | 1.2 1.8 .8 .2 | 30.8
Motor vehicles and parts 371 | 5.72 | 3.3 5.9 -6.4 | 3.0 9.9 -11.2 -23.6 | -4.2 -5.2 -9.4 -.1 | -19.3
Aerospace and miscellaneous | | | | |
transportation equipment 372-6,9 | 3.52 | 10.4 -11.6 -.3 | -6.0 -3.5 2.9 5.6 | 1.9 .1 -.5 -.8 | .7
Instruments 38 | 4.54 | 3.9 4.5 1.9 | -4.2 5.2 5.1 1.9 | .9 -1.1 1.4 .2 | 4.6
Miscellaneous 39 | 1.31 | .7 6.6 .0 | 2.6 -.9 1.7 -3.1 | -.7 -.6 .8 -1.3 | -1.6
| | | | |
Nondurable | 39.59 | -.4 2.5 -.7 | .5 1.2 -1.5 -2.7 | -.7 -1.0 .0 -.5 | -2.1
Food and tobacco products 20,21 | 10.52 | .8 .3 .8 | 3.9 .0 1.5 -2.0 | .1 -.4 -.4 -.4 | -1.2
Textile mill products 22 | 1.23 | -6.5 -.2 -7.9 | 4.4 -2.4 -13.1 -18.8 | -4.0 1.9 -2.1 -1.2 | -11.8
Apparel products 23 | 1.41 | -6.3 -4.0 -5.3 | .6 -4.2 -9.1 -8.1 | .0 -1.2 .5 -2.1 | -8.1
Paper and products 26 | 3.30 | -.1 3.0 -3.1 | -3.4 1.2 -12.7 3.2 | -2.1 -1.8 -1.4 .0 | -5.3
Printing and publishing 27 | 6.59 | -1.8 1.8 1.9 | .5 .6 4.1 2.5 | -.4 -.6 .7 -1.1 | 1.1
Chemicals and products 28 | 10.33 | .2 6.7 -1.3 | -4.1 3.3 -1.4 -2.9 | -.8 -1.6 .3 -.1 | -1.5
Petroleum products 29 | 2.39 | 2.1 .2 1.2 | 4.9 8.2 -3.2 -4.3 | .3 -1.7 -.7 1.3 | .1
Rubber and plastics products 30 | 3.65 | 1.6 3.6 -1.8 | 3.7 .1 -1.0 -9.4 | -1.6 -1.0 1.2 -1.1 | -3.8
| | | | |
Mining 10-14 | 6.69 | -5.3 -.5 1.6 | 1.8 2.3 2.8 -.7 | .9 -.8 2.1 -.5 | 2.7
Utilities 491,2,3pt | 5.91 | -1.4 2.3 6.7 | 4.5 11.8 1.0 10.1 | 1.6 6.4 -3.3 -2.3 | 2.6
Electric | 4.45 | 1.6 1.7 6.6 | 1.7 13.1 -1.1 13.6 | 2.5 4.0 -3.4 -2.4 | 3.2
Gas | 1.46 | -11.9 4.6 7.2 | 14.7 6.9 8.1 -.3 | -1.3 14.3 -3.1 -2.0 | .2
----------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note. Under industry groups, the figures to the right of the series descriptions are 1987 Standard Industrial Classification (SIC) codes. The abbreviation pt
denotes part of an SIC code. Additional industry detail is available on the Board's web site (www.federalreserve.gov/releases/G17). Under market groups, in
the products category, oil and gas drilling and manufactured homes are not shown separately; in the nondurable materials category, containers and miscellaneous
nondurable materials are not shown separately. Under industry groups, in the nondurables category, leather and products is not shown separately.
1. The proportion data are estimates of the relative contribution of each series to the growth of total industrial production in the following year.
r Revised. p Preliminary
Table 2
Industrial Production: Special Aggregates and Selected Detail
Percent change, seasonally adjusted
| | Fourth quarter to | | |
| | fourth quarter | annual rate | Monthly rate | Feb. '00
| 2000 | | 2000 | 2000 2001 | to
Item |Proportion<1>| 1998 1999 2000 | Q1 Q2 Q3 Q4 r | Nov. Dec. Jan. Feb. | Feb. '01
----------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | | | |
Total industry | 100.00 | 3.2 5.1 4.3 | 6.7 7.9 3.5 -.6 | -.3 -.3 -.6 -.6 | 1.2
| | | | |
Energy | 13.92 | -3.1 1.2 4.3 | 2.7 6.8 2.9 4.9 | 1.4 1.9 -.9 -.8 | 3.0
Consumer products | 3.44 | -4.1 2.5 5.9 | 4.4 7.9 4.5 6.7 | 1.6 5.2 -3.2 -1.1 | 1.7
Commercial products | 1.90 | -.5 1.0 8.7 | 17.3 15.4 .2 2.9 | .5 4.3 -1.9 -1.2 | 3.1
Oil and gas well drilling | .52 | -26.3 5.6 18.9 | 30.2 17.6 20.2 8.5 | 1.7 .1 5.5 -.4 | 17.3
Converted fuel | 2.29 | -.2 2.8 5.3 | 6.0 -1.9 4.2 13.6 | 1.2 -.8 -3.8 -.7 | -1.8
Primary materials | 5.78 | -1.0 -.7 .2 | -6.9 6.2 .9 .9 | 1.5 .4 1.4 -.6 | 4.5
| | | | |
Non-energy | 86.08 | 4.1 5.6 4.3 | 7.2 8.0 3.6 -1.5 | -.6 -.7 -.5 -.5 | .9
| | | | |
Selected high-technology industries | 8.48 | 37.2 40.6 55.6 | 73.7 70.4 56.9 26.3 | 1.7 1.5 1.0 .8 | 40.4
Computers and office equipment 357 | 2.37 | 54.0 54.3 42.0 | 61.4 33.0 51.9 24.8 | 1.0 .4 1.0 1.0 | 28.6
Communications equipment 366 | 1.94 | 9.0 13.4 35.5 | 40.5 30.3 41.6 30.2 | 2.2 .6 2.6 1.6 | 31.8
Semiconductors and related | | | | |
electronic components 3672-9 | 4.16 | 45.7 47.8 74.1 | 99.7 120.5 66.4 25.5 | 1.9 2.5 .4 .3 | 51.6
| | | | |
Excluding selected high-technology | | | | |
industries | 77.60 | 1.2 2.3 -.6 | 1.5 2.3 -1.6 -4.5 | -.9 -1.0 -.7 -.7 | -3.2
| | | | |
Motor vehicles and parts 371 | 5.72 | 3.3 5.9 -6.4 | 3.0 9.9 -11.2 -23.6 | -4.2 -5.2 -9.4 -.1 | -19.3
Motor vehicles 3711,3 | 3.10 | 6.9 2.1 -12.3 | 4.6 6.9 -20.1 -33.7 | -2.6 -6.1 -6.6 1.5 | -21.7
Motor vehicle parts 3714 | 2.47 | -1.6 10.8 3.3 | 1.2 17.8 2.9 -7.1 | -5.5 -4.8 -11.6 -2.4 | -14.6
| | | | |
Excluding motor vehicles and parts | 71.88 | 1.1 2.0 -.1 | 1.4 1.7 -.8 -2.8 | -.6 -.7 -.1 -.7 | -1.9
Consumer goods | 22.72 | -.4 2.5 .4 | .2 3.3 -.3 -1.6 | -.2 .1 .0 -.6 | -.5
Business equipment | 9.47 | 3.3 -2.4 5.3 | 6.2 5.0 6.3 3.9 | .0 -.6 -.6 -.9 | 1.9
Business supplies | 7.13 | 2.3 2.6 .2 | 2.3 -.3 -2.6 1.6 | .0 -1.2 .0 -.8 | -2.0
Materials | 24.30 | -1.0 3.3 -2.4 | .7 .6 -3.1 -7.4 | -1.5 -1.5 -.2 -.7 | -4.5
| | | | |
Measures excluding selected high-technology | | | | |
industries | | | | |
Total industry | 91.52 | .7 2.2 .1 | 1.7 2.9 -.9 -3.1 | -.5 -.5 -.8 -.7 | -2.2
Manufacturing | 78.92 | 1.2 2.3 -.5 | 1.5 2.4 -1.4 -4.3 | -.8 -1.0 -.8 -.6 | -3.0
Durable | 39.33 | 2.7 2.2 -.3 | 2.4 3.5 -1.3 -5.8 | -.9 -1.1 -1.6 -.7 | -4.0
Industrial machinery 351-6,8,9 | 6.69 | .5 1.2 4.9 | 13.3 5.1 .7 .9 | -.2 .0 -1.9 -1.0 | -1.1
Electrical machinery 361-5,9,71 | 2.92 | -.3 6.5 .3 | -7.1 7.9 1.7 -1.0 | -.8 1.5 .0 -1.0 | 2.2
| | | | |
Measures excluding motor vehicles and parts | | | | |
Total industry | 94.28 | 3.2 5.0 5.0 | 6.9 7.8 4.5 .9 | -.1 -.1 -.1 -.6 | 2.5
Manufacturing | 81.67 | 4.1 5.5 5.1 | 7.4 7.9 4.9 .4 | -.3 -.5 -.1 -.5 | 2.4
Durable | 42.09 | 8.7 8.5 10.6 | 14.1 14.3 11.0 3.4 | .1 .0 -.1 -.4 | 6.6
| | | | |
Primary processing 1 | 34.36 | 4.3 8.8 5.7 | 10.4 12.5 3.8 -3.3 | -1.3 -1.2 -1.1 -.5 | .4
Advanced processing 2 | 53.04 | 3.9 3.7 3.4 | 5.0 5.1 3.7 .0 | .0 -.5 -.3 -.4 | 1.3
----------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note. See notes to table 1.
1. Primary processing consists of textile mill products, paper and products, industrial chemicals, synthetic materials, and fertilizers, petroleum
products, rubber and plastics products, lumber and products, primary metals, fabricated metals, stone, clay and glass products, semiconductors and
related electronic components, and motor vehicle parts.
2. Advanced processing consists of foods, tobacco products, apparel products, printing and publishing, chemical products and other agricultural
chemicals, leather and products, furniture and fixtures, industrial machinery and equipment, electrical machinery except semiconductors and related
electronic components, transportation equipment except motor vehicle parts, instruments, and miscellaneous manufacturers.
Table 3
Motor Vehicle Assemblies
Millions of units, seasonally adjusted annual rate
| | |
| 2000 | 2000 | 2000 2001
| Average| Q1 Q2 Q3 Q4 | Nov. Dec. Jan. Feb.
-------------------------------------------------------------------------------------------------------------------------------
Total | 12.77 | 13.12 13.36 12.79 11.62 | 11.68 10.99 10.39 10.36
Autos | 5.54 | 5.65 5.77 5.70 5.00 | 5.02 4.68 4.94 4.77
Trucks | 7.23 | 7.47 7.59 7.09 6.62 | 6.66 6.31 5.44 5.59
Light | 6.84 | 7.01 7.15 6.74 6.31 | 6.32 5.99 5.17 5.35
Medium and heavy | .39 | .46 .44 .35 .31 | .34 .31 .28 .23
| | |
Memo: | | |
Autos and light trucks | 12.38 | 12.66 12.92 12.44 11.30 | 11.34 10.67 10.11 10.13
-------------------------------------------------------------------------------------------------------------------------------
Note. Seasonal factors and underlying data for auto, light truck, and medium and heavy truck production are available on the Board's web site,
www.federalreserve.gov/G17/mvsf.htm
Table 4
Industrial Production Indexes: Market and Industry Group Summary
1992 = 100, seasonally adjusted
| 2000 | 2000 2001
Item |Proportion<1>| June July Aug. Sept. Oct. Nov. Dec. Jan. Feb.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |
Total IP | 100.00 | 147.9 147.6 148.6 149.0 148.7 148.2 147.7 146.8 146.0
| |
MARKET GROUPS | |
Products | 60.78 | 136.0 135.8 136.6 136.7 136.3 136.3 136.3 135.6 134.9
Consumer goods | 28.72 | 124.2 122.9 123.8 123.8 122.7 122.4 122.8 121.7 121.2
Durable | 6.10 | 164.4 158.7 160.0 162.8 157.3 154.3 153.6 149.0 149.7
Automotive products | 2.88 | 157.8 149.4 153.8 156.7 148.0 143.6 140.8 132.4 134.7
Home electronics | .45 | 775.8 743.3 743.6 786.2 785.9 783.0 807.4 792.9 787.9
Appliances, furniture, carpeting | 1.36 | 139.6 134.8 133.7 137.8 134.0 131.3 134.4 132.3 132.6
Miscellaneous goods | 1.41 | 120.5 121.3 119.7 118.1 117.5 117.1 115.5 116.6 115.2
| |
Nondurable | 22.62 | 114.8 114.5 115.2 114.7 114.5 114.6 115.3 114.9 114.1
Non-energy | 19.18 | 114.5 114.4 114.9 114.1 114.3 114.2 113.9 114.1 113.4
Foods and tobacco | 9.97 | 110.8 111.0 111.4 110.5 110.4 110.7 110.1 109.7 109.2
Clothing | 1.39 | 85.1 85.6 84.2 83.1 82.7 83.2 82.4 82.5 80.7
Chemical products | 4.95 | 139.3 137.4 139.4 138.4 139.0 138.5 139.0 140.1 140.1
Paper products | 2.88 | 111.6 112.4 112.4 112.4 113.8 112.5 112.2 113.6 111.8
Energy | 3.44 | 117.0 114.9 117.1 118.4 115.5 117.3 123.4 119.5 118.2
| |
Business equipment | 14.25 | 192.8 195.0 197.8 199.5 200.0 200.6 199.4 198.6 198.1
Transit | 2.60 | 130.1 127.6 126.8 127.7 121.6 121.8 117.6 112.2 111.3
Information processing | 5.92 | 307.0 313.9 322.1 327.2 332.3 336.7 336.0 341.7 344.0
Industrial and other | 5.72 | 143.6 145.4 147.0 147.3 148.8 147.8 147.9 146.6 145.1
| |
Defense and space equipment | 1.94 | 76.3 77.9 76.1 73.7 75.3 77.0 77.5 78.5 78.5
| |
Construction supplies | 6.13 | 143.4 143.8 142.7 143.1 142.3 141.6 141.5 141.6 140.3
Business supplies | 9.03 | 120.5 119.8 120.6 120.0 120.7 120.7 120.7 120.2 119.1
| |
Materials | 39.22 | 169.4 169.0 170.5 171.3 171.1 169.9 168.4 167.1 166.0
Durable | 22.78 | 230.3 230.5 233.8 235.7 235.0 232.9 230.9 228.0 226.6
Consumer parts | 4.49 | 165.7 158.3 168.3 169.0 168.5 161.8 157.3 146.0 143.1
Equipment parts | 8.68 | 486.2 499.9 505.7 512.1 515.9 521.4 525.5 529.5 531.0
Other | 9.61 | 135.9 135.3 134.7 135.5 133.7 131.8 129.8 129.1 127.8
| |
Nondurable | 8.38 | 115.2 113.9 112.8 112.7 113.4 110.7 108.6 108.4 107.8
Textile | .73 | 101.7 97.9 99.3 95.9 94.0 89.5 90.3 90.1 88.1
Paper | 1.53 | 118.1 114.9 112.8 113.8 117.2 113.4 109.4 110.0 109.4
Chemical | 4.31 | 118.4 117.0 116.8 116.3 115.9 113.7 109.8 110.7 110.1
| |
Energy | 8.06 | 103.1 102.9 104.2 104.3 103.9 105.4 105.5 105.4 104.7
| |
| |
INDUSTRY GROUPS | |
Manufacturing | 87.40 | 153.8 153.7 154.6 155.1 154.9 154.1 152.9 152.0 151.3
Durable | 47.81 | 194.6 194.7 196.9 198.4 197.6 196.7 195.5 193.4 192.6
Lumber and products 24 | 1.82 | 118.7 118.6 115.5 116.8 114.8 113.2 111.4 109.0 109.5
Furniture and fixtures 25 | 1.61 | 141.9 142.6 143.8 146.6 147.2 145.0 145.6 145.4 144.3
Stone, clay, and glass products 32 | 2.38 | 134.6 136.3 136.1 136.5 137.3 134.6 132.3 133.1 131.1
Primary metals 33 | 3.32 | 136.4 133.9 132.4 133.9 129.0 127.3 126.3 123.5 122.8
Fabricated metals 34 | 5.49 | 135.7 136.1 136.3 136.0 136.0 134.7 133.2 133.7 131.9
Industrial machinery and equipment 35 | 9.06 | 250.9 253.9 257.9 260.0 261.5 261.9 262.2 259.3 258.2
Electrical machinery 36 | 9.02 | 555.0 571.2 580.0 592.2 597.4 604.4 615.1 619.7 621.0
Motor vehicles and parts 371 | 5.72 | 176.1 163.1 173.9 175.5 167.2 160.1 151.8 137.6 137.4
Aerospace and miscellaneous | |
transportation equipment 372-6,9 | 3.52 | 93.6 94.9 93.5 92.1 93.6 95.4 95.5 94.9 94.2
Instruments 38 | 4.54 | 122.2 122.6 123.3 123.7 123.5 124.6 123.2 124.9 125.2
Miscellaneous 39 | 1.31 | 130.5 132.1 130.8 130.9 131.1 130.2 129.4 130.4 128.7
| |
Nondurable | 39.59 | 116.7 116.3 116.3 116.0 116.3 115.5 114.4 114.4 113.9
Food and tobacco products 20,21 | 10.52 | 111.1 111.6 111.8 111.0 111.0 111.1 110.6 110.2 109.7
Textile mill products 22 | 1.23 | 103.1 101.4 99.4 98.4 96.7 92.8 94.6 92.6 91.5
Apparel products 23 | 1.41 | 91.2 92.0 90.7 89.5 89.2 89.2 88.1 88.6 86.7
Paper and products 26 | 3.30 | 118.8 114.9 113.3 113.7 117.1 114.7 112.7 111.1 111.1
Printing and publishing 27 | 6.59 | 109.1 110.0 110.4 110.9 111.6 111.2 110.6 111.4 110.1
Chemicals and products 28 | 10.33 | 125.9 124.8 125.9 125.4 125.8 124.8 122.9 123.2 123.0
Petroleum products 29 | 2.39 | 118.8 117.0 117.6 117.4 116.5 116.9 114.9 114.1 115.6
Rubber and plastics products 30 | 3.65 | 143.5 144.4 142.1 141.9 141.3 139.1 137.6 139.3 137.8
| |
Mining 10-14 | 6.69 | 100.4 100.5 101.0 100.4 100.1 101.1 100.2 102.3 101.8
Utilities 491,2,3pt | 5.91 | 121.7 119.1 122.1 121.7 120.0 121.9 129.8 125.5 122.6
Electric | 4.45 | 124.8 121.1 126.1 124.7 124.2 127.3 132.4 128.0 125.0
Gas | 1.46 | 110.5 111.0 108.4 110.5 105.8 104.5 119.4 115.7 113.3
---------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note. See notes to table 1.
Table 5
Industrial Production Indexes: Special Aggregates
1992 = 100, seasonally adjusted
| 2000 | 2000 2001
Item |Proportion<1>| June July Aug. Sept. Oct. Nov. Dec. Jan. Feb.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |
Total industry | 100.00 | 147.9 147.6 148.6 149.0 148.7 148.2 147.7 146.8 146.0
| |
Energy | 13.92 | 110.0 109.2 110.8 110.7 109.8 111.3 113.5 112.5 111.5
Consumer products | 3.44 | 117.0 114.9 117.1 118.4 115.5 117.3 123.4 119.5 118.2
Commercial products | 1.90 | 132.5 129.2 132.3 129.3 128.9 129.5 135.1 132.5 130.9
Oil and gas well drilling | .52 | 130.8 136.2 137.1 132.8 136.5 138.9 139.1 146.7 146.1
Converted fuel | 2.29 | 112.4 110.8 115.1 116.6 117.2 118.7 117.8 113.3 112.5
Primary materials | 5.78 | 98.4 98.7 98.9 98.5 97.8 99.3 99.7 101.1 100.5
| |
Non-energy | 86.08 | 154.5 154.3 155.2 155.6 155.4 154.5 153.4 152.6 151.8
| |
Selected high-technology industries | 8.48 | 1193.1 1248.0 1281.6 1310.3 1334.8 1358.1 1378.0 1392.5 1403.4
Computers and office equipment 357 | 2.37 | 1316.2 1370.4 1421.6 1464.2 1487.4 1502.8 1508.3 1522.7 1537.6
Communications equipment 366 | 1.94 | 345.8 362.7 372.3 378.5 390.0 398.6 400.9 411.4 418.1
Semiconductors and related | |
electronic components 3672-9 | 4.16 | 2059.6 2156.9 2203.2 2248.6 2282.9 2327.1 2385.2 2394.2 2401.1
| |
Excluding selected high-technology | |
industries | 77.60 | 125.7 124.8 125.3 125.3 124.8 123.7 122.5 121.6 120.8
| |
Motor vehicles and parts 371 | 5.72 | 176.1 163.1 173.9 175.5 167.2 160.1 151.8 137.6 137.4
Motor vehicles 3711,3 | 3.10 | 165.3 152.2 158.0 160.2 147.0 143.1 134.4 125.5 127.3
Motor vehicle parts 3714 | 2.47 | 194.6 180.6 200.9 201.0 201.0 190.0 180.8 159.8 156.0
| |
Excluding motor vehicles and parts | 71.88 | 122.7 122.5 122.4 122.3 122.3 121.6 120.7 120.6 119.7
Consumer goods | 22.72 | 116.9 116.5 116.6 116.2 116.1 115.8 115.9 115.9 115.2
Business equipment | 9.47 | 135.8 136.9 138.2 138.6 139.5 139.5 138.7 137.9 136.6
Business supplies | 7.13 | 117.6 117.5 117.8 117.7 118.6 118.6 117.1 117.2 116.2
Materials | 24.30 | 125.9 125.2 124.5 124.9 124.4 122.4 120.6 120.4 119.6
| |
Measures excluding selected high-technology | |
industries | |
Total industry | 91.52 | 123.4 122.5 123.2 123.2 122.6 122.0 121.3 120.4 119.6
Manufacturing | 78.92 | 125.3 124.5 124.9 125.0 124.6 123.6 122.3 121.3 120.6
Durable | 39.33 | 134.7 133.3 134.3 134.8 133.5 132.2 130.7 128.6 127.7
Industrial machinery 351-6,8,9 | 6.69 | 148.7 148.7 149.7 149.7 149.9 149.6 149.6 146.8 145.3
Electrical machinery 361-5,9,71 | 2.92 | 137.8 135.9 135.6 138.9 136.6 135.4 137.5 137.4 136.1
| |
Measures excluding motor vehicles and parts | |
Total industry | 94.28 | 146.5 146.9 147.4 147.7 147.8 147.7 147.6 147.4 146.6
Manufacturing | 81.67 | 152.6 153.2 153.5 153.9 154.3 153.8 153.1 153.0 152.3
Durable | 42.09 | 197.2 199.4 200.2 201.7 202.0 202.2 202.1 201.9 201.0
| |
Primary processing | 34.36 | 180.1 179.4 180.3 181.2 181.1 178.8 176.6 174.6 173.6
Advanced processing | 53.04 | 139.4 139.5 140.5 140.8 140.5 140.5 139.8 139.4 138.9
---------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note. See notes to table 2.
Table 6
Capacity Utilization
Percent of capacity, seasonally adjusted
| | 1967- 1988- 1990- 1994-| |
| 2000 | 2000 89 91 95| 2000 | 2000 2001
Item |Proportion<1>| Ave. High Low High| Q1 Q2 Q3 Q4 r | Nov. Dec. Jan. Feb.
----------------------------------------------------------------------------------------------------------------------------------------------------
Total industry | 100.00 | 82.1 85.4 78.1 84.4 | 82.0 82.6 82.4 81.4 | 81.4 80.8 80.1 79.4
| | | |
Manufacturing | 88.70 | 81.1 85.7 76.6 84.0 | 81.3 81.9 81.7 80.4 | 80.5 79.5 78.7 78.1
| | | |
Durable | 49.19 | 79.6 84.6 73.1 83.6 | 81.7 82.7 82.5 80.7 | 80.8 79.7 78.3 77.5
Lumber and products 24 | 1.89 | 82.6 93.6 75.5 89.4 | 83.3 81.6 79.1 76.2 | 76.3 75.0 73.3 73.6
Furniture and fixtures 25 | 1.65 | 81.3 86.6 72.5 83.9 | 79.1 79.6 80.1 80.1 | 79.6 79.6 79.3 78.6
Stone, clay, and glass products 32 | 2.31 | 78.9 83.5 69.7 86.8 | 84.9 84.5 85.5 84.0 | 83.9 82.3 82.6 81.3
Primary metals 33 | 3.13 | 81.6 92.7 73.7 95.4 | 88.9 89.4 87.0 83.1 | 82.9 82.3 80.5 80.0
Fabricated metals 34 | 5.85 | 77.9 82.0 71.9 85.2 | 77.8 77.6 77.1 75.8 | 75.8 74.8 74.9 73.8
Industrial machinery and equipment 35 | 9.34 | 81.4 85.4 72.3 87.3 | 81.7 81.9 82.7 82.5 | 82.5 82.1 80.7 79.8
Electrical machinery 36 | 9.26 | 81.4 84.0 75.0 90.1 | 86.3 90.4 90.9 87.3 | 87.1 86.2 84.9 83.3
Motor vehicles and parts 371 | 5.74 | 77.0 89.1 55.9 85.9 | 83.0 84.5 81.7 76.0 | 76.2 72.1 65.3 65.1
Aerospace and miscellaneous | | | |
transportation equipment 372,6-9 | 4.01 | 75.2 87.3 60.7 85.3 | 71.7 71.1 71.7 72.8 | 73.3 73.4 73.0 72.4
Instruments 38 | 4.69 | 81.6 81.4 74.5 82.6 | 78.9 79.6 80.3 80.5 | 81.1 80.1 81.1 81.2
Miscellaneous 39 | 1.32 | 75.9 79.0 71.7 81.9 | 81.8 81.3 81.4 80.5 | 80.5 79.9 80.5 79.4
| | | |
Nondurable | 39.52 | 83.2 87.3 79.7 85.6 | 80.9 80.9 80.5 79.8 | 79.9 79.1 79.1 78.7
Food and tobacco products 20,21 | 10.54 | 83.3 85.9 79.1 85.8 | 81.2 81.2 81.6 81.2 | 81.4 81.0 80.8 80.4
Textile mill products 22 | 1.26 | 85.5 90.4 77.7 92.6 | 83.6 83.4 80.9 77.1 | 75.6 77.1 75.7 74.9
Apparel products 23 | 1.64 | 80.6 85.1 70.7 85.9 | 72.1 71.8 70.5 69.4 | 69.7 69.0 69.5 68.1
Paper and products 26 | 3.18 | 88.7 93.5 83.1 91.6 | 85.8 85.9 82.9 83.3 | 83.2 81.7 80.4 80.4
Printing and publishing 27 | 6.59 | 85.4 91.7 77.8 87.7 | 80.9 81.0 81.8 82.3 | 82.4 81.9 82.5 81.6
Chemicals and products 28 | 10.56 | 79.3 86.2 74.2 84.2 | 77.1 77.2 76.4 75.5 | 75.7 74.5 74.6 74.4
Petroleum products 29 | 1.97 | 87.3 88.5 85.1 97.1 | 94.1 96.0 95.3 94.3 | 94.9 93.4 92.7 93.9
Rubber and plastics products 30 | 3.58 | 84.7 89.6 77.4 91.3 | 85.3 84.6 83.7 80.9 | 80.8 79.7 80.5 79.5
| | | |
Mining | 5.96 | 87.4 88.0 82.0 91.0 | 85.2 85.8 86.6 86.7 | 87.3 86.7 88.6 88.2
Utilities | 5.33 | 87.6 92.6 83.0 93.5 | 89.5 91.2 90.7 92.1 | 90.7 96.3 92.8 90.4
| | | |
Selected high-technology industries | 9.18 | 80.4 81.9 72.4 87.9 | 84.7 88.0 89.1 85.3 | 85.3 83.6 82.2 80.6
Computers and office equipment 357 | 2.79 | 81.2 86.9 66.9 91.4 | 77.4 76.4 79.1 78.2 | 78.4 76.9 76.2 75.4
Communications equipment 366 | 2.03 | 80.4 84.8 73.4 87.8 | 78.6 80.8 84.9 87.3 | 87.7 87.1 88.2 88.3
Semiconductors and related | | | |
electronic components 3672-9 | 4.36 | 80.0 81.1 72.6 90.8 | 92.0 98.5 97.0 88.3 | 88.1 85.8 82.7 80.0
| | | |
Measures excluding selected high-technology | | | |
industries | | | |
Total industry | 90.82 | 82.2 85.7 78.4 84.2 | 81.7 82.0 81.5 80.7 | 80.7 80.2 79.5 78.9
Manufacturing | 79.52 | 81.2 86.1 76.8 83.8 | 80.9 81.1 80.6 79.5 | 79.6 78.7 78.0 77.5
Industrial machinery 351-6,8,9 | 6.54 | 81.3 85.5 72.9 88.1 | 83.2 84.1 84.1 84.2 | 84.2 84.1 82.5 81.6
Electrical machinery 361-5,9,71 | 2.88 | 83.4 87.5 74.3 93.2 | 83.2 84.2 83.9 83.0 | 82.4 83.4 83.2 82.3
| | | |
Primary processing | 33.89 | 82.2 88.3 76.7 88.7 | 85.4 86.4 85.4 82.8 | 82.8 81.1 79.7 78.8
Advanced processing | 54.81 | 80.6 84.2 76.6 82.3 | 79.5 79.8 80.1 79.6 | 79.7 79.2 78.8 78.4
----------------------------------------------------------------------------------------------------------------------------------------------------
Note. See notes to table 2.
Table 7
Industrial Capacity
Percent change
| Average annual rate | Fourth quarter to fourth quarter | Annual rate | Monthly rate
| 1967- 1980- 1989- 1995-| | 2000 2001 | 2001
Item | 79 88 94 2001 | 1998 1999 2000 2001 | Q2 Q3 Q4 Q1 | Feb.
-----------------------------------------------------------------------------------------------------------------------------------------------------
Total industry | 3.5 2.2 2.2 5.0 | 6.5 4.6 4.6 3.2 | 4.6 4.5 4.6 4.1 | .3
| | | |
Manufacturing | 3.7 2.5 2.5 5.6 | 7.2 5.1 5.0 3.5 | 5.1 5.0 5.1 4.5 | .3
| | | |
Durable | 3.6 3.1 3.0 8.8 | 10.2 8.4 8.8 6.3 | 8.8 8.8 9.2 8.2 | .6
Nondurable | 3.9 1.8 2.0 2.0 | 4.1 1.3 .8 .3 | 1.0 .8 .5 .3 | .0
| | | |
Mining | .4 .2 -.6 -.2 | -.1 -1.5 -.8 -1.0 | -.5 -.9 -1.5 -1.4 | -.1
Utilities | 4.9 1.2 1.4 2.1 | 1.1 2.4 3.3 3.9 | 3.4 3.3 3.3 3.5 | .3
| | | |
| | | |
Selected high-technology industries | 11.3 15.9 13.5 40.5 | 39.5 37.8 47.6 31.3 | 46.2 49.3 50.9 42.7 | 2.7
Manufacturing ex. selected | | | |
high-technology industries | 3.3 1.4 1.7 2.5 | 4.4 2.1 1.3 .7 | 1.4 1.2 1.0 .8 | .1
| | | |
Primary processing | 3.8 1.6 3.3 7.8 | 9.4 4.9 8.0 5.5 | 7.7 8.6 9.5 8.1 | .6
Advanced processing | 3.7 3.1 2.1 4.1 | 5.7 5.2 3.0 2.2 | 3.2 2.6 2.4 2.3 | .2
-----------------------------------------------------------------------------------------------------------------------------------------------------
Table 8
Gross Value of Products
Billions of 1996 dollars at annual rate, seasonally adjusted
| | | 1999 2000 | 2000 2001
Item | 1996 | 2000 | Q4 Q1 Q2 Q3 Q4 r | Nov. Dec. Jan. Feb.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | | |
Products, total | 2,427.8 | 2,878.3 | 2,807.0 2,842.8 2,875.0 2,879.2 2,861.8 | 2,863.2 2,854.7 2,826.2 2,815.8
| | | |
Final products | 1,862.5 | 2,216.4 | 2,154.6 2,180.0 2,209.0 2,217.1 2,201.4 | 2,203.7 2,195.2 2,169.0 2,163.9
| | | |
Consumer goods | 1,225.0 | 1,342.5 | 1,335.8 1,338.6 1,351.6 1,347.1 1,331.9 | 1,331.2 1,329.7 1,310.7 1,307.7
Durable | 303.9 | 372.3 | 378.7 377.3 382.4 371.5 355.2 | 353.7 350.1 336.4 339.5
Automotive products | 162.6 | 195.0 | 197.6 198.6 201.7 195.3 181.9 | 181.6 176.4 165.1 168.5
Other durable goods | 141.3 | 177.9 | 181.9 179.1 181.0 176.7 175.2 | 173.8 176.4 175.3 174.5
Nondurable | 921.0 | 970.2 | 958.0 962.0 970.1 975.3 974.6 | 975.3 977.0 970.4 964.9
| | | |
Equipment, total | 637.5 | 872.7 | 821.7 846.8 863.9 878.9 879.8 | 883.3 875.3 868.9 866.8
Business and defense | 610.2 | 850.4 | 798.3 823.6 841.2 856.4 859.4 | 862.8 855.5 848.9 846.8
Business | 538.6 | 788.8 | 736.8 765.5 784.1 800.3 802.4 | 805.5 797.4 789.6 787.8
Defense and space | 71.6 | 65.9 | 68.7 66.4 65.7 65.3 66.1 | 66.4 66.8 67.6 67.3
| | | |
Intermediate products | 565.3 | 661.9 | 651.4 661.7 664.9 661.2 659.4 | 658.6 658.5 656.0 650.8
Construction supplies | 235.0 | 285.5 | 282.1 286.9 286.6 284.9 281.8 | 281.4 281.3 281.1 278.7
Business supplies | 330.3 | 376.1 | 369.0 374.4 377.9 375.9 377.1 | 376.8 376.7 374.5 371.7
Commercial energy products | 85.5 | 96.0 | 90.1 93.9 97.1 96.8 97.0 | 95.7 99.1 97.1 96.8
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Table 9
Diffusion Indexes of Industrial Production
Percent
Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
-------------------------------------------------------------------------------------------------------
One Month Earlier
1999 53.6 56.5 55.4 59.4 55.1 50.7 58.2 55.8 48.6 64.5 53.3 59.8
2000 58.7 50.4 56.5 51.4 51.4 56.2 54.2 43.5 54.0 43.5 45.7 38.9
2001 46.7
Three Months Earlier
1999 52.9 56.9 56.5 56.5 55.8 58.0 56.2 63.4 58.0 62.0 58.3 62.7
2000 61.2 62.0 59.8 56.2 54.0 52.9 49.6 44.9 48.9 43.1 45.3 42.0
2001 39.7
Six Months Earlier
1999 59.1 53.3 56.2 54.3 58.0 59.8 60.1 60.1 61.6 67.4 62.7 62.7
2000 68.1 65.9 68.1 64.1 60.0 55.4 49.6 43.8 47.5 44.9 41.7 40.2
2001 35.5
-------------------------------------------------------------------------------------------------------
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.
Table 10
Electric Power Use
1992 = 100
| | Index, 1992=100
Seasonally adjusted | Not seasonally adjusted
|Billion| 2000 2001 | 2000 2001
Item | KWH | Aug. Sept. Oct. Nov. Dec. Jan. | Aug. Sept. Oct. Nov. Dec. Jan.
--------------------------------------------------------------------------------------------------------------------------------------------------
Total manufacturing and mining | 933.2 | 107.7 109.1 109.8 109.7 108.2 106.4 | 111.0 112.7 111.5 109.4 107.1 103.8
| | |
Manufacturing | 853.2 | 108.4 109.8 110.7 110.4 109.0 107.2 | 112.0 113.6 112.6 110.0 107.5 104.2
Durable | 366.0 | 110.3 111.3 111.4 110.3 109.9 109.7 | 113.9 115.1 113.0 109.3 107.4 105.7
Nondurable | 487.2 | 106.8 108.6 110.1 110.5 108.3 105.3 | 110.5 112.4 112.2 110.6 107.6 103.0
| | |
Mining | 80.1 | 99.0 100.1 97.5 99.6 97.2 94.9 | 97.2 99.8 97.0 100.9 100.8 99.0
| | |
Total ex. nuclear nondefense | 908.9 | 109.6 110.1 110.2 109.9 108.8 108.4 | 113.8 114.3 111.8 109.2 107.0 105.3
Utility sales to industry | 835.5 | 108.9 109.6 110.3 110.1 108.5 106.4 | 111.7 113.5 111.9 109.8 107.1 103.5
Industrial generation | 97.7 | 98.6 102.8 102.9 104.2 103.3 105.3 | 101.0 100.4 105.3 103.5 106.6 108.7
--------------------------------------------------------------------------------------------------------------------------------------------------
Note. Additional industry detail is available on the Board's web site, www.federalreserve.gov/releases/G17/download.htm.
Table 11
Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry
Seasonally adjusted
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
| Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
Industrial | | |
Production, | | |
Percent | | |
Change <1> | | |
1979 | -.5 .8 .3 -.9 1.2 .0 -.7 -.4 .1 .4 -.5 -.2 | 2.2 1.1 -2.3 -.3 | 3.3
1980 | .5 .1 .0 -1.9 -2.5 -1.3 -.6 1.2 1.5 .7 1.6 .5 | .8 -15.0 -4.2 14.2 | -2.8
1981 | -.9 .5 .5 -.7 .8 .6 .9 -.4 -.8 -.8 -1.4 -1.1 | 1.9 2.2 4.1 -10.5 | 1.6
1982 | -1.6 2.2 -.7 -.9 -.8 -.3 -.8 -.5 -.7 -.8 -.3 -.8 | -6.4 -5.2 -7.3 -7.5 | -5.4
| | |
1983 | 2.1 -.2 1.0 1.3 1.2 .6 1.8 1.3 1.7 .8 -.1 .5 | 6.8 11.9 17.3 10.3 | 3.7
1984 | 2.1 -.2 1.1 .5 .6 .5 .2 .0 -.1 -.5 .1 -.4 | 11.1 7.2 2.6 -2.6 | 8.9
1985 | .4 .9 .3 .2 .2 -.2 -.4 .6 .6 -.9 .6 .7 | 3.0 2.8 .3 1.4 | 1.6
1986 | .6 -.7 -1.0 .8 -.2 -.3 .3 .3 -.1 .9 .5 .9 | 2.0 -1.7 .7 6.5 | 1.1
1987 | -.6 1.2 .4 .4 .4 .9 .6 .1 -.1 1.4 .3 .6 | 4.2 6.7 5.6 7.1 | 4.6
| | |
1988 | .1 .3 .0 .6 .1 .1 .7 .5 -.4 .3 .8 .5 | 3.2 3.1 3.9 3.6 | 4.5
1989 | .6 -.8 .9 .2 -.6 -.2 -1.0 .4 -.2 -.5 .4 .5 | 3.8 .5 -4.4 -.1 | 1.8
1990 | -.5 .5 .5 -.6 .4 .0 .0 .2 .1 -.6 -1.3 -.6 | 2.0 .6 1.0 -5.8 | -.2
1991 | -.5 -.8 -.9 .3 .8 1.2 .1 .1 1.0 -.1 -.1 -.6 | -8.3 1.5 6.2 1.1 | -2.0
1992 | .1 .5 .9 .7 .3 -.2 .7 -.3 .4 .7 .5 .0 | 1.0 6.5 2.4 5.0 | 3.1
| | |
1993 | .4 .5 .2 .3 -.5 .3 .2 -.2 1.1 .3 .4 .8 | 3.8 1.5 1.9 6.2 | 3.5
1994 | .2 .3 .8 .5 .8 .4 .6 .3 .1 .5 .7 1.0 | 5.5 7.7 5.8 6.3 | 5.4
1995 | .6 -.1 .2 -.2 .4 .4 -.4 1.3 .6 -.4 .3 .1 | 6.0 1.1 4.4 2.9 | 4.8
1996 | -.2 1.1 -.1 1.1 .8 .8 .0 .6 .5 .0 1.0 .4 | 2.8 9.2 5.4 5.3 | 4.6
1997 | .5 1.0 .2 .6 .3 .6 .7 .9 .6 .6 .6 .3 | 7.6 6.1 7.9 7.3 | 6.8
| | |
1998 | .4 .0 .3 .5 .4 -.7 -.1 2.1 -.3 .5 -.4 .1 | 3.6 3.0 3.4 2.9 | 4.9
1999 | .6 .3 .7 .1 .7 .2 .8 .4 .1 .8 .3 .7 | 3.9 4.9 5.8 5.7 | 4.2
2000 | .5 .5 .7 .7 .7 .5 -.2 .7 .2 -.2 -.3 -.3 | 6.7 7.9 3.5 -.6 | 5.7
2001 | -.6 -.6 | |
| | |
Industrial | | |
Production <2> | | |
1999 | 135.9 136.3 137.3 137.4 138.4 138.6 139.7 140.3 140.4 141.5 141.9 142.8 | 136.5 138.1 140.1 142.1 | 139.6
2000 | 143.6 144.3 145.2 146.3 147.2 147.9 147.6 148.6 149.0 148.7 148.2 147.7 | 144.4 147.1 148.4 148.2 | 147.5
2001 | 146.8 146.0 | |
| | |
Capacity | | |
1999 | 167.9 168.6 169.2 169.9 170.5 171.1 171.7 172.3 172.9 173.5 174.1 174.8 | 168.6 170.5 172.3 174.1 | 171.4
2000 | 175.4 176.1 176.7 177.4 178.1 178.7 179.4 180.1 180.7 181.4 182.1 182.8 | 176.1 178.1 180.1 182.1 | 179.1
2001 | 183.4 183.9 | |
| | |
Utilization | | |
1979 | 86.7 87.1 87.1 86.1 86.9 86.7 85.9 85.4 85.3 85.5 84.9 84.5 | 87.0 86.6 85.5 85.0 | 86.0
1980 | 84.7 84.6 84.4 82.6 80.4 79.2 78.5 79.3 80.3 80.7 81.8 82.1 | 84.6 80.7 79.4 81.5 | 81.5
1981 | 81.2 81.4 81.6 80.9 81.4 81.8 82.3 81.8 80.9 80.1 78.8 77.7 | 81.4 81.4 81.7 78.9 | 80.8
1982 | 76.3 77.8 77.1 76.2 75.4 75.0 74.2 73.7 73.0 72.2 71.9 71.1 | 77.1 75.6 73.6 71.7 | 74.5
| | |
1983 | 72.5 72.3 72.9 73.7 74.5 74.8 76.1 77.0 78.2 78.7 78.6 78.9 | 72.6 74.4 77.1 78.7 | 75.7
1984 | 80.4 80.1 80.8 81.0 81.3 81.5 81.5 81.3 81.0 80.5 80.4 79.8 | 80.4 81.3 81.3 80.2 | 80.8
1985 | 79.9 80.4 80.4 80.3 80.3 79.9 79.4 79.6 79.9 79.0 79.2 79.5 | 80.2 80.2 79.6 79.2 | 79.8
1986 | 79.8 79.2 78.2 78.7 78.4 78.1 78.2 78.3 78.2 78.8 79.1 79.7 | 79.1 78.4 78.2 79.2 | 78.7
1987 | 79.1 80.0 80.2 80.5 80.7 81.4 81.8 81.8 81.6 82.6 82.8 83.2 | 79.8 80.8 81.7 82.9 | 81.3
| | |
1988 | 83.2 83.4 83.3 83.7 83.7 83.6 84.1 84.5 84.1 84.2 84.8 85.1 | 83.3 83.7 84.2 84.7 | 84.0
1989 | 85.4 84.6 85.3 85.3 84.7 84.4 83.4 83.6 83.3 82.8 83.0 83.2 | 85.1 84.8 83.4 83.0 | 84.1
1990 | 82.7 83.0 83.3 82.7 82.9 82.7 82.6 82.6 82.6 82.0 80.8 80.2 | 83.0 82.8 82.6 81.0 | 82.3
1991 | 79.6 78.9 78.1 78.2 78.7 79.6 79.5 79.5 80.2 80.0 79.8 79.2 | 78.9 78.8 79.7 79.6 | 79.3
1992 | 79.1 79.4 79.9 80.4 80.4 80.1 80.5 80.2 80.3 80.8 81.0 80.9 | 79.5 80.3 80.3 80.9 | 80.2
| | |
1993 | 81.0 81.3 81.3 81.4 80.9 80.9 81.0 80.7 81.4 81.5 81.6 82.1 | 81.2 81.1 81.0 81.7 | 81.3
1994 | 82.1 82.1 82.5 82.7 83.2 83.3 83.5 83.5 83.3 83.5 83.7 84.3 | 82.2 83.1 83.4 83.8 | 83.1
1995 | 84.4 84.0 83.8 83.3 83.3 83.2 82.5 83.3 83.4 82.8 82.7 82.4 | 84.1 83.3 83.1 82.6 | 83.3
1996 | 81.9 82.4 82.0 82.5 82.8 83.1 82.7 82.8 82.9 82.5 83.0 83.0 | 82.1 82.8 82.8 82.8 | 82.6
1997 | 83.0 83.5 83.3 83.4 83.3 83.3 83.5 83.8 83.8 83.9 83.9 83.7 | 83.3 83.3 83.7 83.8 | 83.5
| | |
1998 | 83.5 83.1 82.9 82.8 82.7 81.6 81.1 82.4 81.8 81.8 81.1 80.8 | 83.2 82.4 81.8 81.2 | 82.1
1999 | 81.0 80.9 81.1 80.9 81.2 81.0 81.3 81.4 81.2 81.5 81.5 81.7 | 81.0 81.0 81.3 81.6 | 81.2
2000 | 81.9 82.0 82.2 82.5 82.7 82.7 82.3 82.6 82.4 82.0 81.4 80.8 | 82.0 82.6 82.4 81.4 | 82.1
2001 | 80.1 79.4 | |
-------------------------------------------------------------------------------------------------------------------------------------------
<1> Quarterly percent changes are at annual rates. Annual percentage changes are calculated from annual averages.
<2> Annual averages of industrial production are calculated from not seasonally adjusted indexes.
Table 12
Historical Statistics for Industrial Production, Capacity, and Utilization: Manufacturing
Seasonally adjusted
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
| Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
IP (percent | | |
change) | | |
1979 | -.3 .7 .4 -1.5 1.5 .1 -.5 -.9 .0 .5 -.7 -.1 | 3.4 .3 -2.4 -1.5 | 3.6
1980 | .2 .3 -.4 -2.1 -3.1 -1.5 -.7 1.7 1.5 1.1 1.7 .3 | -.4 -17.7 -4.7 16.8 | -3.9
1981 | -.6 .6 .3 .2 .7 -.1 .6 -.8 -.8 -1.1 -1.6 -1.6 | 2.5 4.2 -.1 -13.1 | 1.6
1982 | -2.0 2.9 -.7 -.9 -.4 .0 -.8 -.5 -.5 -1.2 -.3 -.7 | -7.6 -2.7 -5.6 -8.0 | -5.9
| | |
1983 | 2.5 .4 1.4 1.1 1.4 .8 1.5 1.1 2.2 .6 .3 -.1 | 11.5 14.7 17.1 11.2 | 5.7
1984 | 2.5 .6 .7 .5 .4 .7 .3 .1 -.2 .0 .1 -.3 | 13.2 6.6 3.4 -.4 | 9.9
1985 | .1 .6 .7 .2 .5 -.3 -.4 .9 .4 -.8 1.1 -.1 | 2.1 4.2 1.1 1.6 | 2.3
1986 | 1.5 -.5 -.9 1.4 -.1 -.3 .3 .6 .0 .8 .4 1.2 | 4.5 1.7 1.7 6.7 | 2.8
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 .9 .6 | 2.3 4.1 3.7 5.2 | 4.7
1989 | .9 -1.2 .8 .1 -.7 .0 -1.1 .3 -.3 -.6 .4 .1 | 4.3 -.7 -4.5 -1.4 | 1.9
1990 | -.2 .9 .3 -.8 .4 -.1 .0 .3 -.1 -.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 | .3 .6 1.0 .6 .4 -.1 .7 -.2 .3 .7 .5 -.1 | 2.4 7.3 3.0 4.5 | 4.0
| | |
1993 | .7 .3 .2 .5 -.4 .0 .2 -.2 1.3 .2 .5 .9 | 4.4 2.0 1.5 6.6 | 3.7
1994 | .0 .4 1.0 .8 .9 .2 .8 .5 .2 .6 .9 1.0 | 5.6 9.4 6.6 7.6 | 6.0
1995 | .6 -.2 .3 -.3 .2 .5 -.6 1.3 .9 -.3 .2 .1 | 6.5 .7 3.9 3.6 | 5.3
1996 | -.2 1.0 -.2 1.3 .9 .9 .2 .6 .6 .0 1.0 .6 | 2.3 10.1 7.1 5.7 | 4.9
1997 | .5 1.2 .4 .5 .3 .8 .6 1.1 .5 .6 .7 .4 | 8.5 6.7 9.0 7.7 | 7.8
| | |
1998 | .6 .0 .2 .6 .3 -.8 -.1 2.3 -.2 .7 -.2 .2 | 4.8 2.8 3.9 4.7 | 5.6
1999 | .5 .5 .5 .2 .8 .2 .6 .6 .1 .9 .5 .6 | 4.1 5.4 6.0 6.8 | 4.8
2000 | .6 .4 .9 .6 .6 .4 -.1 .6 .3 -.1 -.5 -.8 | 7.1 8.0 3.7 -1.3 | 6.1
2001 | -.6 -.4 | |
| | |
IP (1992 = 100 | | |
1999 | 140.5 141.2 141.9 142.2 143.4 143.6 144.5 145.3 145.6 146.8 147.5 148.4 | 141.2 143.1 145.1 147.6 | 144.8
2000 | 149.2 149.9 151.3 152.2 153.1 153.8 153.7 154.6 155.1 154.9 154.1 152.9 | 150.1 153.0 154.4 153.9 | 153.6
2001 | 152.0 151.3 | |
| | |
Capacity | | |
(percent of | | |
1992 output) | | |
1999 | 175.3 176.0 176.8 177.5 178.3 179.0 179.7 180.3 181.0 181.7 182.4 183.1 | 176.0 178.3 180.3 182.4 | 179.3
2000 | 183.8 184.6 185.3 186.1 186.9 187.6 188.4 189.1 189.9 190.7 191.5 192.3 | 184.6 186.9 189.2 191.5 | 188.0
2001 | 193.0 193.7 | |
| | |
Utilization | | |
(percent) | | |
1979 | 86.4 86.7 86.9 85.3 86.4 86.3 85.6 84.5 84.3 84.5 83.6 83.3 | 86.7 86.0 84.8 83.8 | 85.3
1980 | 83.3 83.3 82.7 80.8 78.1 76.7 75.9 77.0 77.9 78.6 79.7 79.7 | 83.1 78.5 76.9 79.3 | 79.5
1981 | 79.0 79.2 79.3 79.3 79.6 79.3 79.6 78.8 78.0 77.0 75.6 74.2 | 79.2 79.4 78.8 75.6 | 78.3
1982 | 72.6 74.6 73.9 73.1 72.7 72.6 71.8 71.4 70.9 69.9 69.6 69.0 | 73.7 72.8 71.4 69.5 | 71.8
| | |
1983 | 70.6 70.8 71.8 72.5 73.4 73.9 74.8 75.6 77.2 77.6 77.7 77.5 | 71.1 73.2 75.9 77.6 | 74.4
1984 | 79.3 79.5 79.8 80.0 80.1 80.3 80.4 80.2 79.8 79.6 79.5 79.0 | 79.5 80.1 80.1 79.4 | 79.8
1985 | 78.9 79.1 79.3 79.2 79.4 78.9 78.3 78.8 78.8 77.9 78.5 78.2 | 79.1 79.2 78.6 78.2 | 78.8
1986 | 79.1 78.6 77.8 78.7 78.5 78.1 78.2 78.6 78.4 78.9 79.1 79.9 | 78.5 78.5 78.4 79.3 | 78.7
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 85.0 84.2 84.1 83.0 83.1 82.7 82.1 82.2 82.1 | 85.1 84.4 82.9 82.1 | 83.6
1990 | 81.8 82.5 82.6 81.8 82.0 81.8 81.6 81.7 81.5 80.9 79.7 79.0 | 82.3 81.9 81.6 79.9 | 81.4
1991 | 78.2 77.5 76.6 76.8 77.1 78.1 78.2 78.2 79.0 78.9 78.6 78.1 | 77.5 77.3 78.5 78.5 | 77.9
1992 | 78.1 78.5 79.1 79.5 79.6 79.4 79.8 79.5 79.6 79.9 80.2 79.9 | 78.6 79.5 79.6 80.0 | 79.4
| | |
1993 | 80.4 80.4 80.4 80.7 80.2 80.1 80.1 79.7 80.6 80.6 80.7 81.3 | 80.4 80.3 80.1 80.9 | 80.4
1994 | 81.1 81.1 81.7 82.1 82.6 82.5 82.8 82.9 82.8 83.0 83.3 83.8 | 81.3 82.4 82.8 83.4 | 82.5
1995 | 84.0 83.5 83.3 82.7 82.5 82.6 81.7 82.3 82.7 82.0 81.7 81.4 | 83.6 82.6 82.2 81.7 | 82.5
1996 | 80.9 81.3 80.7 81.4 81.7 82.0 81.8 81.9 82.0 81.6 82.0 82.1 | 81.0 81.7 81.9 81.9 | 81.6
1997 | 82.1 82.6 82.5 82.5 82.3 82.5 82.6 83.1 83.0 83.0 83.1 82.9 | 82.4 82.5 82.9 83.0 | 82.7
| | |
1998 | 82.9 82.4 82.0 82.0 81.8 80.6 80.1 81.5 80.9 81.0 80.4 80.2 | 82.4 81.5 80.8 80.5 | 81.3
1999 | 80.2 80.2 80.3 80.1 80.4 80.2 80.4 80.6 80.4 80.8 80.9 81.0 | 80.2 80.3 80.5 80.9 | 80.5
2000 | 81.2 81.2 81.6 81.8 81.9 82.0 81.6 81.7 81.7 81.2 80.5 79.5 | 81.3 81.9 81.7 80.4 | 81.3
2001 | 78.7 78.1 | |
-------------------------------------------------------------------------------------------------------------------------------------------
Note. See note to table 11.
Table 13
Historical Statistics for Industrial Production, Capacity, and Utilization: Total Industry Excluding Selected High-Technology Industries
Seasonally adjusted
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
| Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.| Q1 Q2 Q3 Q4| Annual
-------------------------------------------------------------------------------------------------------------------------------------------
| | |
IP (percent | | |
change) | | |
1979 | -.7 .8 .2 -1.1 1.1 -.1 -.8 -.5 .0 .3 -.6 -.3 | .9 -.1 -3.5 -1.4 | 2.2
1980 | .3 .0 -.1 -2.2 -2.7 -1.3 -.8 1.2 1.6 .6 1.6 .5 | -.7 -16.6 -4.9 13.8 | -4.0
1981 | -.9 .4 .4 -.8 .8 .5 .9 -.5 -1.0 -.8 -1.6 -1.4 | 1.3 1.1 3.2 -11.8 | .8
1982 | -1.6 2.0 -.8 -.9 -.9 -.4 -1.0 -.4 -1.0 -1.0 -.3 -1.2 | -7.7 -5.8 -8.2 -9.1 | -6.5
| | |
1983 | 2.5 -.4 .8 1.2 1.2 .4 1.8 1.4 1.6 .6 -.2 .5 | 6.9 10.6 16.8 8.7 | 2.8
1984 | 1.9 -.3 1.0 .4 .4 .3 .1 -.1 -.2 -.5 .0 -.5 | 9.7 5.3 1.0 -3.5 | 7.5
1985 | .3 .9 .2 .1 .2 -.1 -.5 .6 .7 -.8 .3 .7 | 2.3 2.5 .5 1.0 | .9
1986 | .7 -.8 -1.1 .8 -.3 -.2 .0 .2 -.2 1.0 .4 1.0 | 1.7 -1.8 -.6 6.3 | .8
1987 | -.8 1.2 .3 .4 .5 .8 .5 .1 -.2 1.3 .3 .5 | 3.5 6.8 5.0 6.5 | 4.2
| | |
1988 | .1 .2 .1 .4 -.2 .1 .6 .5 -.3 .4 .6 .5 | 2.8 1.8 3.3 3.5 | 3.9
1989 | .5 -.7 .9 .1 -.7 -.3 -.9 .4 -.3 -.3 .2 .3 | 3.5 -.3 -4.8 -.4 | 1.4
1990 | -.4 .5 .5 -.5 .3 -.1 .0 .1 .2 -.6 -1.4 -.7 | 1.7 .6 .7 -6.4 | -.5
1991 | -.5 -.9 -1.0 .4 .8 1.2 .1 .0 1.0 -.2 -.2 -.7 | -8.8 1.4 6.1 .4 | -2.4
1992 | -.2 .4 .8 .7 .2 -.4 .6 -.4 .3 .6 .4 .0 | -.6 5.7 1.3 3.9 | 2.2
| | |
1993 | .4 .5 .1 .3 -.6 .2 .2 -.2 1.0 .2 .4 .7 | 3.7 .8 1.2 5.0 | 2.8
1994 | .1 .3 .6 .3 .7 .3 .4 .2 .0 .4 .6 .8 | 4.5 5.6 4.0 4.2 | 4.1
1995 | .3 -.3 -.1 -.4 .2 .3 -.6 1.1 .3 -.7 .1 -.1 | |
