[Economic Indicators November, 1999]
[Page Number 17]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                    PRODUCTION AND BUSINESS ACTIVITY

INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

Industrial production and capacity utilization rose in October. (Series 
revised.)
   _____________________________________________________________________


  ______________________________________________________________________

                                                           [Monthly data seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                    Total industrial production         Industry production indexes, 1992=100              Capacity
                                                  ----------------------------------------------------------------------------------- utilization  rate,
                                                             Percent change \1\           Manufacturing                                   percent \2\
                                                            ----------------------------------------------------                     -------------------
                      Period                        Index,     From
                                                   1992=100   preced-    From                                     Mining   Utilities    Total   Manufac-
                                                                ing      year      Total    Durable  Nondurable                       industry    turing
                                                               month    earlier
--------------------------------------------------------------------------------------------------------------------------------------------------------
1989.............................................      99.1  ........       1.8      99.0     100.5       97.3      103.2      97.1       84.1      83.6
1990.............................................      98.9  ........       -.2      98.5      99.0       97.9      104.8      98.3       82.3      81.4
1991.............................................      97.0  ........      -2.0      96.2      95.5       97.0      102.6     100.4       79.3      77.9
1992.............................................     100.0  ........       3.1     100.0     100.0      100.0      100.0     100.0     r 80.2    r 79.4
1993 r...........................................     103.4  ........       3.4     103.7     105.4      101.8      100.0     103.9       81.3      80.5
1994 r...........................................     109.1  ........       5.5     110.0     114.3      105.2      102.5     105.3       83.1      82.5
1995 r...........................................     114.4  ........       4.9     115.8     123.9      107.1      102.1     109.0       83.3      82.6
1996 r...........................................     119.4  ........       4.4     121.3     134.0      107.8      103.7     112.6       82.5      81.5
1997 r...........................................     127.1  ........       6.4     130.1     148.0      111.2      105.9     112.7       83.3      82.4
1998 r...........................................     132.4  ........       4.2     136.4     160.7      111.6      103.8     114.4       81.8      80.9
 
1998:Oct r.......................................     134.1       0.4       3.5     138.3     165.8      111.2      101.6     115.6       81.5      80.5
      Nov r......................................     133.8       -.2       2.8     138.3     165.4      111.6      101.5     110.8       80.9      80.2
      Dec r......................................     133.8        .0       2.5     138.4     166.2      111.1       98.1     112.5       80.6      79.9
 
1999:Jan r.......................................     134.1        .2       2.4     138.6     166.3      111.3       98.0     114.5       80.4      79.6
      Feb r......................................     134.5        .3       2.9     139.3     166.8      112.3       97.4     112.6       80.4      79.7
      Mar r......................................     135.1        .5       3.1     139.7     168.1      111.8       97.5     116.8       80.5      79.6
      Apr r......................................     135.5        .2       2.9     140.2     169.4      111.5       96.7     116.3       80.4      79.5
      May r......................................     136.2        .5       2.9     141.0     170.8      111.9       97.4     116.1       80.5      79.7
      June r.....................................     136.6        .3       3.9     141.4     172.2      111.4       97.1     117.4       80.5      79.6
      July r.....................................     137.4        .5       4.6     142.0     173.8      111.0       97.8     119.8       80.7      79.7
      Aug r......................................     137.6        .2       3.0     142.4     174.4      111.3       98.4     117.8       80.6      79.7
      Sept r.....................................     137.6        .0       3.1     142.6     174.8      111.3       98.1     116.5       80.4      79.5
      Oct p......................................     138.5        .6       3.3     143.4     175.5      112.2       98.2     118.7       80.7      79.7
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    \1\ Percent changes based on 
unrounded indexes.
    \2\ Output as percent of 
capacity.
    Note.--Data revised beginning 
1992 to reflect annual revisions. 
See Federal Reserve release, 
G.17(419) Industrial Production and 
Capacity Utilization: A Revision 
released November 30, 1999, for 
details on the revisions.

    Source: Board of Governors of 
the Federal Reserve System.