FEDERAL RESERVE STATISTICAL RELEASE                                

 G.17 (419) Supplement                                               For release at 9:15 a.m. (EDT)
                                                                     April 16, 2002

 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION

      Industrial production rose 0.7 percent in March for a third consecutive monthly increase.
 At 138.8 percent of its 1992 average, output reached its highest level since August 2001 but was
 2.9 percent below its level in March 2001.  Manufacturing output climbed 0.8 percent; the output
 at utilities increased 1.6 percent, but production at mines declined by the same amount.  For the
 first quarter as a whole, total industrial production increased at an annual rate of 2.5 percent.
 The rate of capacity utilization for total industry moved up in March to 75.4 percent but was still
 below its 1967-2001 average of 81.9 percent.


 Market Groups
 -------------

      The output of consumer goods rose 0.6 percent in March; gains were widespread across
 durables and nondurables.  Among durables, the production of automotive products and home
 electronics moved up slightly after two months of decline.  Much larger gains occurred in the
 production of appliances, furniture, and carpeting, which increased 1.3 percent, and in the
 production of miscellaneous durable goods, which jumped 2.5 percent.  These two groups
 accounted for most of the rise of consumer durables.  The production indexes both for energy
 and non-energy nondurables rose 0.5 percent.  Within the non-energy category, the output of
 clothing increased 2.0 percent.  Clothing production rose at an annual rate of more than 11
 percent in the first quarter, a near reversal of its decline in the fourth quarter of last year.  In
 contrast, the production of paper products remained weak; it has posted eleven consecutive
 monthly declines and was 9.6 percent below its level in March 2001.
      The production of business equipment edged up 0.1 percent in March.  Gains of 1.1
 percent in the information-processing group and in the industrial and other equipment group
 were almost completely offset by a 3.2 percent drop in the output of transit equipment.  The drop
 in transit equipment largely reflects a further curtailment of commercial aircraft production.
 Despite the gain in March, the output of business equipment declined in the first quarter at an
 annual rate of 5.2 percent and was about 12 percent below its level in March 2001.  The
 production of defense and space equipment rose 1.1 percent.
      The output of construction supplies climbed 1.2 percent in March and was led by an
 increase in the production of lumber.  In the first quarter, the output of construction supplies rose
 at an annual rate of more than 8 percent, which nearly reversed its decline in the fourth quarter of
 2001.  The production of business supplies moved up 0.8 percent, its largest increase since May
 2000; the output of both general business supplies and commercial energy products contributed
 to the rise.
      The production of materials continued to be strong; output rose 0.9 percent in March and
 returned to a level not seen since May of last year.  Continuing the pattern of increases that
 began in January of this year, gains in March were widespread across both durable and
 nondurable categories.  Among durable materials, consumer parts posted the largest gain.
 Among nondurables, textile materials recorded the greatest increase.  The production of energy
 materials fell 0.4 percent.


 Industry Groups
 ---------------

      Manufacturing output rose 0.8 percent in March.  The production of both durable and
 nondurable goods increased, and gains were evident in nearly all major industry groups.  Within
 durables, output for nearly all industries advanced 1.0 percent or more; the only exceptions were
 motor vehicles and parts and instruments, which posted smaller gains, and aerospace and
 miscellaneous transportation equipment, which continued to slide.  Among nondurables, textile
 mill products, apparel, and paper and products all increased at least 1.0 percent.  The output of
 petroleum products fell back 0.3 percent, and production in the printing and publishing industry
 continued to recede.
      The factory operating rate rose 0.5 percentage point in March, to 73.9 percent, its highest
 level since August 2001.  The utilization rate for advanced-processing industries moved up 0.3
 percentage point, to 73.1 percent, and the rate for primary-processing industries increased to 75.1
 percent.  The operating rate at utilities climbed to 84.6 percent, but the operating rate for mining
 declined for the sixth consecutive month, to 84.3 percent.
 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION:  SUMMARY
 Seasonally adjusted
                              |             Index, 1992=100             |                    Percent change
                              |     2001      2002                      |   2001    2002                  |        Mar. 01 to
 Industrial Production        |     Dec.      Jan.      Feb.      Mar.  |   Dec.    Jan.    Feb.    Mar.  |         Mar. 02
 -----------------------------------------------------------------------------------------------------------------------------
                              |                                         |                                 |
  Total index                 |    136.7     137.4     137.9     138.8  |    -.4      .5      .3      .7  |              -2.9
     Previous estimates       |    136.8     137.1     137.6            |    -.3      .2      .4          |                  
                              |                                         |                                 |
 Major market groups:         |                                         |                                 |
     Products, total          |    126.5     126.5     126.8     127.5  |    -.2      .0      .2      .6  |              -3.5
        Consumer goods        |    120.6     120.5     121.0     121.7  |     .5     -.1      .5      .6  |               -.1
        Business equipment    |    164.3     164.7     163.5     163.7  |   -1.7      .2     -.7      .1  |             -11.7
        Construction supplies |    135.6     135.7     137.5     139.2  |    1.2      .1     1.3     1.2  |               -.2
     Materials                |    153.6     155.7     156.5     157.9  |    -.8     1.4      .5      .9  |              -1.9
                              |                                         |                                 |
 Major industry groups:       |                                         |                                 |
     Manufacturing            |    141.6     142.5     142.7     143.9  |    -.3      .6      .2      .8  |              -2.7
        Durable               |    174.1     175.4     175.8     177.5  |    -.1      .7      .2     1.0  |              -3.9
        Nondurable            |    109.7     110.3     110.4     111.0  |    -.5      .6      .1      .5  |              -1.3
     Mining                   |     97.4      97.3      96.6      95.1  |   -1.6     -.1     -.7    -1.6  |              -7.2
     Utilities                |    115.2     114.9     118.3     120.2  |    -.8     -.3     3.0     1.6  |              -1.3
 -----------------------------------------------------------------------------------------------------------------------------
                               |                                                                           |    Capacity
                               |                            Percent of Capacity                            |     Growth
                               |   Average      1982   1988-89     2001  |   2001    2002                  |    Mar. 01 to
 Capacity Utilization          |  1967-01        Low      High     Mar.  |   Dec.    Jan.    Feb.    Mar.  |     Mar. 02
 --------------------------------------------------------------------------------------------------------------------------
                               |                                         |                                 |
  Total industry               |     81.9      71.1      85.4      78.5  |   74.4    74.7    74.9    75.4  |           1.1
     Previous estimates        |                                         |   74.4    74.5    74.8          |              
                               |                                         |                                 |
     Manufacturing             |     80.9      69.0      85.7      76.7  |   72.9    73.3    73.4    73.9  |           1.0
        Advanced processing    |     80.3      71.0      84.2      76.6  |   73.0    72.9    72.8    73.1  |            .6
        Primary processing     |     82.0      65.7      88.3      76.8  |   72.7    73.9    74.4    75.1  |           1.6
     Mining                    |     87.6      80.3      88.0      91.6  |   86.4    86.2    85.6    84.3  |            .8
     Utilities                 |     87.6      75.9      92.6      90.2  |   82.0    81.4    83.6    84.6  |           5.2
 --------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for March are preliminary.  Estimates from December to February are revised.



                     
                     
 Table 1A
 INDUSTRIAL PRODUCTION:  MARKET GROUPS
                                                     |             |                                         Index, 1992=100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |     IP      |   2001                    2002                 |   2001                    2002                
 Item                                                |Proportion<1>|   Oct.    Nov.    Dec.    Jan.    Feb.    Mar. |   Oct.    Nov.    Dec.    Jan.    Feb.    Mar.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
  Total index                                        |   100.00    |  137.7   137.2   136.7   137.4   137.9   138.8 |  139.7   136.1   133.8   135.0   137.1   139.2
                                                     |             |                                                |
  Products, total                                    |    61.89    |  126.8   126.7   126.5   126.5   126.8   127.5 |  129.6   125.5   122.9   124.8   125.8   126.6
     Final products                                  |    46.44    |  129.2   129.4   129.1   129.1   129.2   129.8 |  131.7   128.2   125.6   128.5   129.8   130.2
                                                     |             |                                                |
        Consumer goods                               |    30.46    |  119.6   120.0   120.6   120.5   121.0   121.7 |  121.3   118.3   116.9   121.2   122.4   122.7
           Durable                                   |     6.50    |  146.2   152.1   156.2   154.5   155.5   156.9 |  155.0   149.4   140.4   148.0   161.7   164.5
              Automotive products                    |     3.49    |  145.4   155.4   160.7   158.3   158.1   158.5 |  158.4   150.8   137.3   149.4   165.9   167.3
                 Autos and trucks                    |     2.32    |  154.5   170.7   177.8   175.0   173.6   173.1 |  173.5   165.5   143.3   162.6   187.3   186.4
                    Autos                            |      .69    |   86.9    94.8   101.1   101.2   110.5   102.3 |   96.9    92.6    80.8    93.9   115.9   107.7
                    Trucks                           |     1.63    |  226.5   251.5   259.5   253.6   240.9   248.6 |  255.0   243.0   209.7   235.7   263.5   270.1
                 Auto parts and allied goods         |     1.17    |  131.3   131.3   133.6   132.0   133.7   135.4 |  134.6   127.8   128.5   128.8   131.8   137.1
              Other durable goods                    |     3.01    |  145.9   146.9   149.7   148.7   151.3   153.9 |  149.5   146.3   142.7   144.9   155.3   159.7
                 Appliances and electronics          |      .79    |  271.9   280.1   297.9   292.6   300.9   303.1 |  303.2   299.6   276.2   287.0   320.7   310.7
                    Appliances and air cond.         |      .51    |  133.2   135.5   139.2   138.0   145.6   147.1 |  146.5   140.4   119.3   133.9   158.5   155.3
                    Home electronics                 |      .28    |  537.7   566.7   640.4   619.1   607.2   607.8 |  613.0   638.0   665.2   613.2   614.7   581.2
                 Carpeting and furniture             |      .81    |  116.4   119.2   118.8   118.3   119.5   121.3 |  121.0   112.9   108.1   113.9   117.8   120.9
                 Miscellaneous                       |     1.41    |  109.2   107.5   108.0   107.9   109.5   112.2 |  105.4   105.4   107.6   105.5   112.5   119.9
           Nondurable                                |    23.96    |  113.1   112.3   112.2   112.4   112.9   113.4 |  113.3   110.8   111.0   114.7   113.3   113.0
              Nonenergy                              |    20.57    |  112.5   112.2   112.4   112.6   112.6   113.2 |  116.2   111.8   108.0   109.8   110.5   110.9
                 Foods and tobacco                   |    11.18    |  108.2   108.6   109.0   109.5   110.2   110.8 |  114.1   108.0   101.2   105.3   106.5   107.5
                 Clothing                            |     1.30    |   74.4    73.2    74.7    75.5    75.6    77.1 |   76.2    72.9    72.4    70.5    73.7    75.5
                 Chemical products                   |     5.05    |  148.5   148.0   148.5   148.8   148.1   149.0 |  149.4   146.2   148.4   149.6   149.3   148.5
                 Paper products                      |     3.04    |  103.9   102.1   100.2    98.8    97.3    96.6 |  103.9   103.6   101.8    98.0    96.7    95.5
              Energy products                        |     3.39    |  116.9   113.4   111.6   111.8   114.9   115.5 |   97.4   106.8   131.3   146.7   132.0   127.7
                 Fuels                               |     1.17    |  116.1   115.2   112.6   117.4   116.3   114.8 |  116.6   117.5   114.8   111.9   110.9   109.5
                 Utilities                           |     2.22    |  117.0   112.0   110.7   108.5   113.8   115.5 |   86.6   100.7   139.7   164.7   142.7   136.9
                                                     |             |                                                |
        Equipment, total                             |    15.98    |  145.4   145.0   142.7   142.9   142.0   142.3 |  149.6   145.1   139.7   139.0   140.7   141.3
           Business equipment                        |    13.06    |  166.9   167.2   164.3   164.7   163.5   163.7 |  172.6   167.0   160.1   159.3   161.6   162.2
              Information processing & related       |     5.04    |  267.9   269.1   265.5   266.2   266.6   269.5 |  276.8   271.2   266.1   255.6   252.7   257.5
                 Computer and office                 |     1.10    |  913.2   927.8   941.2   953.3   967.6   979.2 |  991.0  1009.3   979.0   919.1   885.6   892.6
              Industrial                             |     3.68    |  119.4   118.3   114.5   115.9   113.7   114.5 |  121.4   117.9   113.6   114.5   113.8   114.6
              Transit                                |     2.93    |  119.2   118.6   118.7   116.1   115.5   111.7 |  125.9   117.2   108.0   111.4   119.8   116.2
                 Autos and trucks                    |     1.36    |  136.2   143.6   151.4   150.5   153.7   151.1 |  152.4   139.1   122.0   138.8   164.5   161.7
              Other                                  |     1.40    |  129.2   134.2   130.2   133.1   131.7   134.6 |  133.8   132.2   124.3   126.7   131.5   133.8
           Defense and space equipment               |     2.01    |   74.2    74.3    74.7    74.9    75.1    75.9 |   74.0    75.4    76.4    75.4    75.6    76.4
           Oil and gas well drilling                 |      .72    |  127.2   114.4   107.8   107.3   105.3   103.7 |  128.4   116.0   107.5   107.1   105.4   101.9
           Manufactured homes                        |      .19    |  100.2    99.5    97.7    93.1    93.5    93.5 |  109.3    94.1    76.4    80.5    89.6    95.7
                                                     |             |                                                |
     Intermediate products                           |    15.45    |  119.6   118.9   118.6   118.8   119.6   120.7 |  123.4   117.6   114.8   114.1   114.2   116.1
        Construction supplies                        |     6.56    |  134.6   134.0   135.6   135.7   137.5   139.2 |  140.5   133.3   127.6   125.4   129.4   133.8
        Business supplies                            |     8.89    |  110.7   109.8   108.6   108.8   108.9   109.7 |  113.2   108.3   107.2   107.5   105.2   105.6
                                                     |             |                                                |
  Materials                                          |    38.11    |  155.9   154.8   153.6   155.7   156.5   157.9 |  156.5   153.9   152.2   152.1   156.1   160.9
                                                     |             |                                                |
     Durable                                         |    22.35    |  207.9   206.5   206.0   209.6   210.4   213.1 |  210.4   206.2   205.4   201.1   208.0   219.9
        Consumer parts                               |     4.65    |  152.3   155.0   157.5   160.6   160.2   163.8 |  160.6   154.9   139.7   156.1   166.7   175.8
        Equipment parts                              |     8.09    |  431.7   427.9   426.7   434.4   438.0   441.5 |  423.2   429.1   462.8   411.4   423.3   467.6
          Semiconductors, printed circuit            |             |                                                |
              boards, and oth. elec. comps.          |     2.97    | 2393.7  2413.4  2437.5  2546.8  2636.4  2691.0 | 2251.8  2377.7  2884.5  2193.8  2431.7  3103.6
        Other                                        |     9.60    |  122.5   120.5   119.0   120.9   121.4   122.8 |  124.8   119.7   116.4   116.4   118.8   121.2
           Basic metals                              |     2.69    |  111.0   106.7   101.9   108.1   108.8   109.8 |  110.7   106.2    99.9   106.8   109.0   111.5
     Nondurable                                      |     7.63    |  104.7   103.1   101.1   102.9   103.3   104.7 |  106.7   103.0    97.2   101.4   104.8   104.5
        Textile                                      |      .75    |   87.2    84.7    84.5    85.1    87.7    90.4 |   89.7    84.2    77.4    81.7    87.9    91.1
        Paper                                        |     1.56    |  112.4   106.9   103.1   106.4   105.1   106.4 |  112.6   105.6    99.8   108.0   108.2   105.6
        Chemical                                     |     3.50    |  103.5   102.2    99.3   101.9   102.7   103.7 |  104.4   102.7    96.1   100.2   104.9   103.5
        Other                                        |     1.82    |  108.8   110.4   111.2   110.5   110.7   112.2 |  114.9   110.5   106.9   107.6   109.7   112.3
     Energy                                          |     8.13    |  102.6   102.6   101.6   101.6   102.3   101.9 |   99.5   100.5   101.5   103.2   103.1   101.7
        Primary                                      |     5.46    |   98.2    98.8    97.9    97.7    97.5    96.8 |   95.7    97.8    97.5    98.9    99.7    98.0
        Converted fuel                               |     2.67    |  110.9   109.1   107.9   108.5   111.0   111.5 |  106.4   104.7   108.8   111.3   108.9   108.3
                                                     |             |                                                |
 SPECIAL AGGREGATES                                  |             |                                                |
                                                     |             |                                                |
 Total excluding:                                    |             |                                                |
     Autos and trucks                                |    96.31    |  137.5   136.6   135.8   136.6   137.0   138.1 |  139.0   135.6   133.9   134.6   135.8   138.0
     Motor vehicles and parts                        |    93.65    |  136.8   135.8   134.9   135.7   136.1   137.1 |  138.1   134.8   133.5   133.6   134.6   136.6
     Computers                                       |    98.45    |  132.0   131.5   130.9   131.6   132.0   132.9 |  133.8   130.2   128.0   129.3   131.4   133.4
     Computers and semiconductors        2           |    94.91    |  117.9   117.5   116.9   117.3   117.6   118.4 |  119.8   116.3   113.4   115.7   117.3   118.2
    Computers, communications eq. and                |             |                                                |
           semiconductors                            |    93.38    |  115.5   115.1   114.6   115.1   115.3   116.1 |  117.3   113.9   111.0   113.5   115.0   115.9
                                                     |             |                                                |
 Consumer goods excluding:                           |             |                                                |
     Autos and trucks                                |    28.14    |  117.8   117.2   117.4   117.5   118.1   118.9 |  118.4   115.7   115.6   119.0   118.8   119.1
     Energy                                          |    27.07    |  119.9   120.8   121.7   121.6   121.8   122.5 |  124.5   119.9   115.1   118.0   121.2   122.1
                                                     |             |                                                |
 Business equipment excluding:                       |             |                                                |
     Autos and trucks                                |    11.70    |  170.8   170.1   165.7   166.2   164.4   165.1 |  175.0   170.5   165.1   161.8   160.7   161.8
     Computer and office equipment                   |    11.96    |  139.0   139.1   136.3   136.4   135.1   135.2 |  143.0   137.6   131.8   131.9   134.5   135.0
                                                     |             |                                                |
 Materials excluding:                                |             |                                                |
     Energy                                          |    29.98    |  173.0   171.5   170.3   173.2   174.0   176.2 |  175.4   171.2   168.2   167.4   173.1   180.3
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 <2> Semiconductors include related electronic components.
 Note:  Estimates for March are preliminary.  Estimates from December to February are revised.



 Table 1B
 INDUSTRIAL PRODUCTION:  MARKET GROUPS
 Percent change
                                                 |         |    Seasonally adjusted     |                            |                            |
                                                 | 2000 Q4 |        annual rate         |    Seasonally adjusted     |  Not seasonally adjusted   |   Mar. 01
                                                 |    to   |  2001                 2002 |  2001   2002               |  2001   2002               |      to
 Item                                            | 2001 Q4 |    Q2     Q3  Q4  r  Q1    |  Dec.   Jan.   Feb.   Mar. |  Dec.   Jan.   Feb.   Mar. |   Mar. 02
 -------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                 |         |                            |                            |                            |
  Total index                                    |    -5.9 |  -5.9   -4.7   -6.7    2.5 |   -.4     .5     .3     .7 |  -1.7    1.0    1.5    1.6 |      -2.9
                                                 |         |                            |                            |                            |
  Products, total                                |    -5.2 |  -4.9   -4.7   -7.3     .9 |   -.2     .0     .2     .6 |  -2.1    1.6     .8     .6 |      -3.5
     Final products                              |    -5.1 |  -4.1   -5.5   -7.4     .4 |   -.2     .0     .1     .5 |  -2.0    2.3    1.1     .3 |      -3.9
                                                 |         |                            |                            |                            |
        Consumer goods                           |    -1.7 |   -.2    -.5   -3.6    3.4 |    .5    -.1     .5     .6 |  -1.2    3.7    1.0     .2 |       -.1
           Durable                               |    -2.3 |   9.6    2.9   -7.1   11.4 |   2.7   -1.1     .7     .9 |  -6.0    5.4    9.3    1.7 |       2.6
              Automotive products                |     3.7 |  25.1   13.4   -6.5   12.1 |   3.4   -1.5    -.1     .2 |  -9.0    8.8   11.0     .8 |       5.8
                 Autos and trucks                |     7.0 |  40.2   19.3   -6.3   15.6 |   4.1   -1.6    -.8    -.3 | -13.4   13.5   15.2    -.5 |       8.5
                    Autos                        |     -.6 |  11.0  -13.5    3.0   52.0 |   6.6     .1    9.3   -7.4 | -12.7   16.1   23.4   -7.1 |       5.5
                    Trucks                       |    10.3 |  56.0   36.2   -9.8    3.1 |   3.2   -2.3   -5.0    3.2 | -13.7   12.4   11.8    2.5 |       9.8
                 Auto parts and allied goods     |    -2.7 |    .3    2.1   -6.7    5.0 |   1.8   -1.2    1.3    1.3 |    .5     .2    2.4    4.0 |        .5
              Other durable goods                |    -8.6 |  -4.9   -8.0   -8.0   10.6 |   1.9    -.6    1.7    1.7 |  -2.5    1.5    7.2    2.8 |       -.8
                 Appliances and electronics      |    -6.6 |   1.5   -5.3     .2   23.9 |   6.4   -1.8    2.8     .7 |  -7.8    3.9   11.8   -3.1 |       6.7
                    Appliances and air cond.     |     3.5 |   -.5    9.5   -8.2   24.3 |   2.7    -.8    5.5    1.1 | -15.0   12.3   18.4   -2.0 |       6.8
                    Home electronics             |   -18.2 |   5.0  -25.3   17.8   22.1 |  13.0   -3.3   -1.9     .1 |   4.3   -7.8     .2   -5.5 |       6.4
                 Carpeting and furniture         |    -5.6 | -11.7   -4.4    2.3    5.6 |   -.3    -.4    1.0    1.5 |  -4.3    5.4    3.4    2.7 |      -1.4
                 Miscellaneous                   |   -11.4 |  -4.6  -11.4  -17.7    6.3 |    .5    -.1    1.5    2.5 |   2.0   -1.9    6.7    6.6 |      -4.6
           Nondurable                            |    -1.5 |  -2.7   -1.4   -2.5    1.3 |   -.1     .2     .4     .5 |    .2    3.3   -1.2    -.2 |       -.8
              Nonenergy                          |     -.5 |   -.4   -1.0   -1.7    1.5 |    .1     .2     .0     .5 |  -3.3    1.6     .6     .3 |       -.3
                 Foods and tobacco               |     -.8 |  -2.1    -.8     .1    5.9 |    .4     .5     .6     .5 |  -6.3    4.1    1.1     .9 |       1.3
                 Clothing                        |   -10.8 | -11.7  -16.6  -13.1   11.1 |   2.1    1.1     .1    2.0 |   -.6   -2.7    4.5    2.5 |      -6.9
                 Chemical products               |     6.1 |   9.2    5.4    4.5     .9 |    .3     .2    -.5     .6 |   1.5     .7    -.2    -.5 |       3.6
                 Paper products                  |    -5.3 |  -3.2   -4.7  -12.8  -16.5 |  -1.9   -1.4   -1.6    -.7 |  -1.7   -3.7   -1.3   -1.2 |      -9.6
              Energy products                    |    -6.8 | -14.9   -3.2   -7.5     .6 |  -1.6     .3    2.8     .5 |  22.9   11.7  -10.0   -3.3 |      -3.6
                 Fuels                           |      .9 |   5.2   -5.6    4.0    5.6 |  -2.3    4.3    -.9   -1.3 |  -2.3   -2.5    -.9   -1.3 |        .8
                 Utilities                       |   -10.7 | -24.1   -2.0  -13.2   -2.1 |  -1.2   -2.0    4.9    1.5 |  38.7   17.9  -13.4   -4.1 |      -5.9
                                                 |         |                            |                            |                            |
        Equipment, total                         |   -11.2 | -10.7  -14.2  -14.4   -5.3 |  -1.6     .1    -.6     .2 |  -3.7    -.6    1.3     .4 |     -10.8
           Business equipment                    |   -12.6 | -12.9  -16.2  -14.2   -5.2 |  -1.7     .2    -.7     .1 |  -4.1    -.5    1.4     .4 |     -11.7
              Information processing & related   |   -11.5 | -17.0  -18.2   -5.1    -.2 |  -1.3     .2     .2    1.1 |  -1.9   -3.9   -1.1    1.9 |      -8.4
                 Computer and office             |    -7.3 | -19.1  -14.2    2.9   18.0 |   1.4    1.3    1.5    1.2 |  -3.0   -6.1   -3.6     .8 |      -1.7
              Industrial                         |   -14.6 | -17.5  -17.9  -13.3   -8.9 |  -3.2    1.2   -1.9     .7 |  -3.7     .8    -.6     .7 |     -13.7
              Transit                            |   -13.1 |   3.3  -13.5  -28.1  -13.9 |    .1   -2.2    -.6   -3.2 |  -7.9    3.2    7.5   -3.0 |     -17.6
                 Autos and trucks                |    -5.6 |  17.0    -.6  -15.9   24.3 |   5.4    -.6    2.1   -1.7 | -12.3   13.8   18.5   -1.7 |        .0
              Other                              |   -10.6 | -14.9   -9.8  -16.9    6.2 |  -3.0    2.3   -1.1    2.2 |  -6.0    1.9    3.8    1.7 |      -6.1
           Defense and space equipment           |      .2 |  -4.8    -.7    4.2    5.1 |    .5     .3     .3    1.1 |   1.4   -1.4     .2    1.1 |       1.9
           Oil and gas well drilling             |   -16.0 |   8.4  -19.4  -56.6  -32.9 |  -5.7    -.5   -1.8   -1.6 |  -7.3    -.4   -1.6   -3.3 |     -31.3
           Manufactured homes                    |     4.6 |  40.1   31.9    1.7  -21.3 |  -1.8   -4.7     .4     .0 | -18.8    5.4   11.3    6.8 |       7.1
                                                 |         |                            |                            |                            |
     Intermediate products                       |    -5.4 |  -7.4   -2.2   -7.1    2.2 |   -.2     .1     .6    1.0 |  -2.4    -.6     .1    1.7 |      -2.1
        Construction supplies                    |    -3.8 |  -1.1   -1.5   -9.3    8.3 |   1.2     .1    1.3    1.2 |  -4.3   -1.7    3.2    3.4 |       -.2
        Business supplies                        |    -6.6 | -11.7   -2.7   -5.5   -2.1 |  -1.1     .2     .1     .8 |  -1.1     .3   -2.1     .4 |      -3.6
                                                 |         |                            |                            |                            |
  Materials                                      |    -6.9 |  -7.3   -4.8   -5.8    5.1 |   -.8    1.4     .5     .9 |  -1.1     .0    2.6    3.1 |      -1.9
                                                 |         |                            |                            |                            |
     Durable                                     |    -8.6 |  -7.4   -7.0   -8.3    8.4 |   -.3    1.7     .4    1.3 |   -.4   -2.1    3.4    5.8 |      -2.3
        Consumer parts                           |    -4.4 |  12.7    3.3   -9.3   18.2 |   1.6    2.0    -.2    2.2 |  -9.8   11.7    6.8    5.5 |       5.6
        Equipment parts                          |   -11.1 | -19.1  -13.0   -1.1    8.8 |   -.3    1.8     .8     .8 |   7.9  -11.1    2.9   10.5 |      -4.9
          Semiconductors, printed circuit        |         |                            |                            |                            |
              boards, and oth. elec. comps.      |   -13.7 | -30.5  -20.5   23.2   39.6 |   1.0    4.5    3.5    2.1 |  21.3  -23.9   10.8   27.6 |       3.0
        Other                                    |    -8.1 |  -4.3   -6.1  -13.7    3.4 |  -1.2    1.6     .4    1.2 |  -2.7    -.1    2.1    2.0 |      -3.5
           Basic metals                          |   -13.9 |  -4.8   -8.0  -24.3    9.2 |  -4.4    6.0     .6    1.0 |  -5.9    6.9    2.0    2.4 |      -4.1
     Nondurable                                  |    -6.1 | -13.3    1.4   -2.7    2.7 |  -1.9    1.8     .4    1.3 |  -5.6    4.3    3.4    -.2 |       -.2
        Textile                                  |   -12.7 | -17.6  -13.6  -14.7   11.1 |   -.3     .8    3.0    3.1 |  -8.1    5.5    7.7    3.6 |      -5.1
        Paper                                    |    -5.0 |  -8.2    5.6   -6.3   -5.5 |  -3.6    3.2   -1.2    1.2 |  -5.5    8.2     .2   -2.5 |        .3
        Chemical                                 |    -7.2 | -20.6    3.5    -.2    4.4 |  -2.8    2.6     .8     .9 |  -6.4    4.3    4.7   -1.4 |      -1.0
        Other                                    |    -1.9 |    .3     .5     .8    3.7 |    .7    -.6     .1    1.3 |  -3.3     .7    1.9    2.4 |       3.2
     Energy                                      |    -3.2 |  -1.9   -4.4   -2.1   -1.3 |   -.9     .0     .7    -.4 |   1.0    1.7    -.2   -1.3 |      -2.5
        Primary                                  |    -1.0 |   1.0   -2.3   -2.0   -3.9 |   -.9    -.3    -.1    -.8 |   -.3    1.4     .8   -1.7 |      -2.3
        Converted fuel                           |    -8.2 |  -8.1   -9.4   -2.2    3.9 |  -1.1     .6    2.3     .4 |   3.9    2.3   -2.2    -.5 |      -3.5
                                                 |         |                            |                            |                            |
 SPECIAL AGGREGATES                              |         |                            |                            |                            |
                                                 |         |                            |                            |                            |
 Total excluding:                                |         |                            |                            |                            |
     Autos and trucks                            |    -6.1 |  -7.0   -5.3   -6.6    1.9 |   -.6     .6     .3     .8 |  -1.3     .5     .9    1.7 |      -3.2
     Motor vehicles and parts                    |    -6.2 |  -7.9   -5.5   -6.5    1.4 |   -.7     .6     .3     .8 |  -1.0     .1     .8    1.5 |      -3.4
     Computers                                   |    -5.8 |  -5.6   -4.6   -6.9    2.2 |   -.4     .5     .3     .7 |  -1.7    1.1    1.6    1.6 |      -2.9
     Computers and semiconductors        1       |    -5.4 |  -4.4   -3.8   -7.6    1.2 |   -.5     .4     .2     .7 |  -2.5    2.1    1.3     .8 |      -2.9
    Computers, communications eq. and            |         |                            |                            |                            |
           semiconductors                        |    -5.0 |  -3.9   -3.3   -7.3    1.5 |   -.5     .4     .2     .7 |  -2.5    2.2    1.4     .8 |      -2.5
                                                 |         |                            |                            |                            |
 Consumer goods excluding:                       |         |                            |                            |                            |
     Autos and trucks                            |    -2.3 |  -2.8   -2.0   -3.3    2.4 |    .2     .1     .6     .6 |   -.1    3.0    -.2     .3 |       -.8
     Energy                                      |    -1.0 |   2.0    -.1   -3.1    3.8 |    .8    -.1     .2     .6 |  -4.0    2.5    2.7     .7 |        .4
                                                 |         |                            |                            |                            |
 Business equipment excluding:                   |         |                            |                            |                            |
     Autos and trucks                            |   -13.4 | -15.6  -17.9  -14.0   -8.3 |  -2.6     .3   -1.1     .4 |  -3.2   -2.0    -.7     .7 |     -13.0
     Computer and office equipment               |   -13.2 | -12.2  -16.4  -15.7   -7.2 |  -2.0     .1    -.9     .0 |  -4.2     .1    1.9     .4 |     -12.6
                                                 |         |                            |                            |                            |
 Materials excluding:                            |         |                            |                            |                            |
     Energy                                      |    -7.9 |  -8.9   -4.9   -6.9    6.9 |   -.7    1.8     .4    1.3 |  -1.7    -.5    3.4    4.2 |      -1.8
 -------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> Semiconductors include related electronic components.
 Notes:  Percent changes shown in the first and last columns are based on seasonally adjusted data.
         Estimates for March are preliminary.  Estimates from December to February are revised.



 Table 2A
 INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
                                                     |             |                                         Index, 1992=100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |    IP       |   2001                    2002                 |   2001                    2002                
 Item                                                |Proportion<1>|   Oct.    Nov.    Dec.    Jan.    Feb.    Mar. |   Oct.    Nov.    Dec.    Jan.    Feb.    Mar.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
  Total index                                        |   100.00    |  137.7   137.2   136.7   137.4   137.9   138.8 |  139.7   136.1   133.8   135.0   137.1   139.2
                                                     |             |                                                |
  Manufacturing                                      |    86.74    |  142.1   142.0   141.6   142.5   142.7   143.9 |  146.1   141.5   137.4   137.7   141.0   143.8
                                                     |             |                                                |
     Primary processing                              |    33.26    |  165.6   164.4   163.5   166.2   167.6   169.6 |  168.4   164.2   161.1   160.2   165.7   172.1
     Advanced processing                             |    53.48    |  129.1   129.5   129.3   129.3   129.0   129.8 |  133.6   128.9   124.3   125.1   127.4   128.4
                                                     |             |                                                |
     Durable                                         |    46.81    |  173.9   174.3   174.1   175.4   175.8   177.5 |  178.4   173.6   169.5   168.6   174.6   180.7
        Lumber and products   24                     |     2.15    |  112.8   112.4   113.0   112.6   114.0   116.4 |  117.5   110.8   105.7   107.1   111.5   114.9
        Furniture and fixtures   25                  |     1.57    |  133.5   134.8   135.4   134.3   136.4   139.2 |  137.4   131.8   130.6   126.8   131.4   134.2
        Stone, clay, and glass products   32         |     2.66    |  130.3   128.8   126.3   127.0   127.3   129.9 |  136.0   127.9   120.1   118.6   120.7   124.9
                                                     |             |                                                |
        Primary metals   33                          |     2.93    |  113.6   110.2   103.6   111.7   112.7   113.8 |  113.9   109.0   100.2   110.4   112.9   115.6
           Iron and steel   331,2                    |     1.51    |  110.4   107.1    94.6   107.7   110.4   110.7 |  110.3   104.4    90.5   105.2   110.1   113.4
              Raw steel                              |      .06    |   99.5    95.1    85.5   100.0   101.3    99.8 |   98.9    91.2    80.7    99.1   105.0   101.2
           Nonferrous   333-6,9                      |     1.42    |  117.6   114.1   114.2   116.8   115.8   117.8 |  118.3   114.6   111.7   116.8   116.5   118.6
        Fabricated metal products   34               |     5.85    |  127.5   127.2   129.1   128.3   128.4   130.1 |  130.2   128.5   128.9   123.4   125.4   128.2
       Industrial machinery                          |             |                                                |
            and equipment   35                       |     7.69    |  202.8   203.4   200.4   204.2   203.0   205.0 |  206.2   202.2   195.5   199.7   203.4   207.6
           Computer and office equip.   357          |     1.55    | 1049.1  1067.2  1087.0  1101.3  1117.8  1131.2 | 1148.0  1171.1  1142.8  1076.6  1035.2  1034.7
        Electrical machinery   36                    |     7.82    |  484.8   485.1   487.3   492.4   498.1   506.1 |  483.6   486.7   518.3   455.3   479.2   534.1
          Semiconductors and related                 |             |                                                |
              electronic components   3672-9         |     3.54    | 1709.7  1712.5  1731.5  1800.4  1850.7  1877.3 | 1626.0  1698.7  2012.5  1589.1  1730.7  2130.9
                                                     |             |                                                |
        Transportation equipment   37                |    10.44    |  124.6   127.2   129.1   128.2   128.0   127.5 |  132.1   126.1   115.8   124.8   133.7   135.1
           Motor vehicles and parts   371            |     6.35    |  157.3   165.9   172.1   171.8   172.7   173.1 |  173.0   162.8   142.7   164.6   184.3   188.5
              Autos and light trucks                 |     3.42    |  147.4   162.7   169.6   167.1   167.1   165.6 |  165.5   157.7   136.6   155.2   179.8   178.0
           Aerospace and misc.   372-6,9             |     4.10    |   93.8    91.0    88.9    87.3    86.2    84.9 |   93.8    91.7    90.5    87.6    86.5    85.4
        Instruments   38                             |     4.51    |  113.6   113.7   112.8   113.4   112.7   113.8 |  114.8   112.0   111.5   109.9   109.3   111.4
        Miscellaneous   39                           |     1.18    |  113.6   110.7   114.1   114.4   115.5   119.0 |  116.6   113.8   115.9   111.3   113.6   118.1
                                                     |             |                                                |
     Nondurable                                      |    39.93    |  110.8   110.2   109.7   110.3   110.4   111.0 |  114.2   109.9   106.0   107.2   108.4   108.6
        Foods   20                                   |     9.66    |  112.2   113.0   114.0   114.0   114.3   114.9 |  118.1   113.0   109.8   108.8   108.2   109.1
        Tobacco products   21                        |     2.11    |   92.8    92.7    90.8    93.1    95.0    95.4 |  100.0    92.1    71.4    93.2   100.9   101.7
        Textile mill products   22                   |     1.17    |   83.0    81.9    82.5    83.0    85.7    87.7 |   86.8    79.6    72.3    78.5    84.7    87.7
        Apparel products   23                        |     1.46    |   87.8    87.3    88.8    89.2    89.3    91.6 |   89.1    87.4    88.7    85.5    87.6    90.2
        Paper and products   26                      |     3.29    |  108.1   106.2   103.1   104.7   104.3   105.4 |  110.1   104.6    99.4   105.6   106.9   104.8
                                                     |             |                                                |
        Printing and publishing   27                 |     6.62    |   99.8    98.9    97.3    96.7    95.3    95.1 |  104.0    99.6    96.0    91.7    90.4    89.8
        Chemicals and products   28                  |     9.75    |  123.2   122.4   121.4   122.6   122.9   123.5 |  124.4   121.1   119.2   121.9   124.0   123.3
        Petroleum products   29                      |     1.92    |  114.9   114.0   112.2   115.1   115.6   115.3 |  115.6   114.7   111.1   107.4   108.0   108.9
        Rubber and plastics products   30            |     3.78    |  134.4   133.4   134.8   134.6   135.3   136.1 |  135.9   134.2   135.2   132.1   134.7   135.0
        Leather and products   31                    |      .16    |   60.0    59.2    58.4    60.2    59.3    59.9 |   60.7    59.8    58.7    57.7    58.8    60.0
                                                     |             |                                                |
  Mining                                             |     6.19    |   99.5    99.0    97.4    97.3    96.6    95.1 |  101.5    99.4    93.9    93.9    94.3    94.1
     Metal mining   10                               |      .22    |   85.6    80.0    80.1    81.6    80.8    79.9 |   84.2    80.8    80.8    80.3    82.1    79.5
     Coal mining   12                                |      .69    |  106.5   106.6   105.8   104.5   107.0    99.0 |  109.8   107.6   102.2   103.7   108.9   102.3
     Oil and gas extraction   13                     |     4.61    |   94.8    94.5    92.6    92.1    91.1    90.5 |   95.0    94.7    91.6    92.0    91.6    91.1
     Stone and earth minerals   14                   |      .67    |  129.6   129.5   129.8   133.6   131.9   130.3 |  153.3   133.2   102.0    96.6    96.7   109.0
                                                     |             |                                                |
  Utilities                                          |     7.07    |  119.4   116.2   115.2   114.9   118.3   120.2 |  102.8   107.9   126.4   138.8   129.0   126.6
     Electric   491,3pt                              |     5.60    |  122.3   121.8   119.3   119.8   121.9   124.6 |  112.9   110.3   118.8   126.0   118.1   116.9
     Gas         492,3pt                             |     1.47    |  108.0    96.2   100.5    97.2   105.3   104.2 |   72.2   102.0   153.7   183.7   167.0   160.6
                                                     |             |                                                |
 SPECIAL AGGREGATES                                  |             |                                                |
                                                     |             |                                                |
 Computers, communications eq, and                   |             |                                                |
     semiconductors        2                         |     6.62    | 1002.4  1002.5  1006.0  1026.0  1045.1  1060.0 | 1000.3  1025.0  1115.9   950.8   985.6  1116.3
                                                     |             |                                                |
 Manufacturing excluding:                            |             |                                                |
     Motor vehicles and parts                        |    80.39    |  141.3   140.6   139.7   140.7   140.9   142.1 |  144.5   140.2   137.2   136.0   138.2   140.9
     Computer and office equipment                   |    85.19    |  135.4   135.3   134.8   135.7   135.9   137.0 |  139.1   134.5   130.6   131.0   134.4   137.1
     Computers and semiconductors        2           |    81.65    |  119.1   118.9   118.4   119.0   119.1   120.0 |  122.6   118.2   113.7   115.3   118.0   119.3
    Computers, communications eq, and                |             |                                                |
     semiconductors        2                         |    80.12    |  116.3   116.1   115.7   116.4   116.4   117.3 |  119.8   115.5   111.0   112.8   115.4   116.7
 Memo:  Motor vehicle assemblies [3]                 |             |                                                |
  Total                                              |             |   10.7    11.8    12.3    12.1    12.3    12.1 |   12.8    11.7     9.6    11.8    12.1    12.6
     Autos                                           |             |    4.4     4.9     5.1     5.1     5.5     5.2 |    5.3     4.8     3.9     5.0     5.3     5.3
     Trucks                                          |             |    6.3     6.9     7.2     7.1     6.8     6.9 |    7.6     6.9     5.6     6.8     6.8     7.3
        Light                                        |             |    6.0     6.7     7.0     6.9     6.6     6.7 |    7.3     6.7     5.5     6.6     6.6     7.0
        Heavy and medium                             |             |     .2      .2      .2      .2      .2      .2 |     .3      .2      .2      .2      .2      .2
                                                     |             |                                                |
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 <2> Semiconductors include related electronic components.
 [3] Millions of units at an annual rate.
 Notes:  Primary processing manufacturing includes 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, and stone, clay, and
         glass products.  Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical
         products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer
         equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures.
         Estimates for the month of March are preliminary.  Estimates from December to February are revised.



 Table 2B
 INDUSTRIAL PRODUCTION: INDUSTRY GROUPS
 Percent change
                                                |         |    Seasonally adjusted     |                            |                            |
                                                | 2000 Q4 |        annual rate         |    Seasonally adjusted     |  Not seasonally adjusted   |   Mar. 01
                                                |    to   |  2001                 2002 |  2001   2002               |  2001   2002               |      to
 Item                                           | 2001 Q4 |    Q2     Q3  Q4  r  Q1    |  Dec.   Jan.   Feb.   Mar. |  Dec.   Jan.   Feb.   Mar. |   Mar. 02
 ------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                |         |                            |                            |                            |
  Total index                                   |    -5.9 |  -5.9   -4.7   -6.7    2.5 |   -.4     .5     .3     .7 |  -1.7    1.0    1.5    1.6 |      -2.9
                                                |         |                            |                            |                            |
  Manufacturing                                 |    -6.1 |  -6.2   -4.9   -6.3    3.3 |   -.3     .6     .2     .8 |  -2.9     .2    2.4    2.0 |      -2.7
                                                |         |                            |                            |                            |
     Primary processing                         |    -7.2 |  -7.0   -4.2   -6.1    8.3 |   -.5    1.7     .8    1.2 |  -1.9    -.5    3.4    3.8 |       -.6
     Advanced processing                        |    -5.4 |  -5.7   -5.4   -6.4     .2 |   -.1     .0    -.2     .5 |  -3.5     .7    1.8     .8 |      -4.0
                                                |         |                            |                            |                            |
     Durable                                    |    -8.3 |  -6.5   -7.7   -9.2    5.0 |   -.1     .7     .2    1.0 |  -2.3    -.5    3.5    3.5 |      -3.9
        Lumber and products   24                |    -1.2 |  11.3    8.4   -9.4    5.7 |    .5    -.4    1.2    2.1 |  -4.6    1.3    4.2    3.1 |       4.1
        Furniture and fixtures   25             |    -7.7 |  -8.5   -7.7   -8.0    6.4 |    .4    -.8    1.5    2.1 |  -1.0   -2.9    3.7    2.1 |      -2.3
        Stone, clay, and glass products   32    |    -3.0 |  -1.7   -5.3   -5.3   -1.3 |  -2.0     .5     .3    2.0 |  -6.1   -1.3    1.8    3.5 |      -2.2
                                                |         |                            |                            |                            |
        Primary metals   33                     |   -13.7 |  -1.1   -8.6  -26.4   14.0 |  -6.0    7.9     .9    1.0 |  -8.1   10.2    2.3    2.4 |      -3.2
           Iron and steel   331,2               |   -13.0 |  13.3   -5.2  -34.7   23.0 | -11.6   13.8    2.5     .3 | -13.4   16.2    4.7    3.0 |       -.5
              Raw steel                         |   -13.3 |  -8.8    9.4  -41.5   33.3 | -10.1   16.8    1.3   -1.5 | -11.5   22.8    5.9   -3.6 |      -6.7
           Nonferrous   333-6,9                 |   -14.5 | -14.2  -12.1  -16.4    5.0 |    .1    2.2    -.9    1.7 |  -2.5    4.6    -.3    1.8 |      -5.9
        Fabricated metal products   34          |    -6.4 |  -9.7    -.7   -7.1    3.3 |   1.5    -.6     .1    1.3 |    .2   -4.2    1.6    2.2 |      -1.6
       Industrial machinery                     |         |                            |                            |                            |
            and equipment   35                  |   -11.7 | -16.3  -14.4  -12.0    3.7 |  -1.5    1.9    -.6    1.0 |  -3.3    2.1    1.9    2.1 |      -9.1
           Computer and office equip.   357     |    -8.2 | -16.3  -14.7    3.6   19.6 |   1.9    1.3    1.5    1.2 |  -2.4   -5.8   -3.8     .0 |       -.5
        Electrical machinery   36               |   -14.3 | -23.3  -17.5     .3   11.3 |    .4    1.1    1.2    1.6 |   6.5  -12.1    5.2   11.5 |      -5.2
          Semiconductors and related            |         |                            |                            |                            |
              electronic components   3672-9    |   -14.9 | -29.8  -22.2   14.4   32.4 |   1.1    4.0    2.8    1.4 |  18.5  -21.0    8.9   23.1 |      -1.3
                                                |         |                            |                            |                            |
        Transportation equipment   37           |    -3.8 |  16.9   -1.0  -13.3    2.9 |   1.4    -.7    -.1    -.4 |  -8.2    7.7    7.2    1.1 |      -2.7
           Motor vehicles and parts   371       |     -.4 |  33.6    6.6  -10.1   19.4 |   3.7    -.1     .5     .2 | -12.4   15.4   12.0    2.3 |       5.7
              Autos and light trucks            |     5.2 |  35.6   14.8   -6.4   17.8 |   4.3   -1.5     .0    -.9 | -13.4   13.6   15.8   -1.0 |       7.4
           Aerospace and misc.   372-6,9        |    -8.9 |  -4.5  -12.0  -18.2  -20.5 |  -2.4   -1.7   -1.2   -1.6 |  -1.3   -3.3   -1.1   -1.3 |     -15.4
        Instruments   38                        |    -4.4 |  -7.9   -7.8   -1.8    -.2 |   -.8     .5    -.6     .9 |   -.5   -1.4    -.5    1.9 |      -3.4
        Miscellaneous   39                      |    -8.8 |  -4.0   -7.9  -14.5   13.0 |   3.1     .2    1.0    3.1 |   1.9   -4.0    2.1    4.0 |       -.8
                                                |         |                            |                            |                            |
     Nondurable                                 |    -3.5 |  -5.9   -1.6   -2.8    1.3 |   -.5     .6     .1     .5 |  -3.6    1.1    1.2     .1 |      -1.3
        Foods   20                              |     -.7 |  -2.1    -.6    1.5    4.9 |    .9     .0     .3     .5 |  -2.8   -1.0    -.5     .8 |       1.1
        Tobacco products   21                   |    -1.2 |  -4.0    -.8   -6.3   10.7 |  -2.1    2.5    2.0     .5 | -22.4   30.6    8.2     .8 |       2.2
        Textile mill products   22              |   -10.7 | -14.3  -11.4  -12.9   15.4 |    .7     .7    3.2    2.4 |  -9.1    8.6    7.9    3.5 |      -3.6
        Apparel products   23                   |   -10.7 |  -6.9  -15.4  -16.1    9.7 |   1.7     .5     .0    2.6 |   1.5   -3.7    2.5    3.0 |      -6.0
        Paper and products   26                 |    -6.1 |  -1.4   -1.4   -9.5   -3.7 |  -3.0    1.6    -.4    1.0 |  -5.0    6.3    1.3   -2.0 |       -.6
                                                |         |                            |                            |                            |
        Printing and publishing   27            |    -7.9 | -13.2   -5.7   -7.0  -11.6 |  -1.6    -.6   -1.5    -.2 |  -3.7   -4.4   -1.5    -.6 |      -8.8
        Chemicals and products   28             |     -.2 |  -6.4    5.0    4.2    2.1 |   -.8    1.0     .2     .5 |  -1.6    2.3    1.7    -.5 |       1.7
        Petroleum products   29                 |    -1.2 |   2.3   -7.7    1.8    5.9 |  -1.6    2.6     .5    -.3 |  -3.1   -3.3     .6     .8 |        .6
        Rubber and plastics products   30       |    -5.2 |  -5.5    -.9   -8.7    3.5 |   1.1    -.1     .5     .6 |    .7   -2.3    2.0     .3 |      -1.9
        Leather and products   31               |   -14.8 | -21.1  -10.6  -17.4    4.1 |  -1.4    3.1   -1.4    1.0 |  -1.9   -1.6    1.8    2.0 |     -11.3
                                                |         |                            |                            |                            |
  Mining                                        |    -2.4 |   3.5   -4.1  -11.8   -9.0 |  -1.6    -.1    -.7   -1.6 |  -5.5     .0     .4    -.1 |      -7.2
     Metal mining   10                          |   -13.4 |  -5.7   -5.9  -29.4   -5.3 |    .1    1.9   -1.0   -1.1 |   -.1    -.6    2.2   -3.1 |      -9.1
     Coal mining   12                           |     -.5 |   2.4  -10.5  -18.2  -10.1 |   -.8   -1.2    2.4   -7.5 |  -5.1    1.5    4.9   -6.1 |     -14.3
     Oil and gas extraction   13                |    -2.5 |   3.6   -2.5  -11.0  -11.1 |  -2.1    -.5   -1.1    -.6 |  -3.2     .5    -.4    -.5 |      -6.8
     Stone and earth minerals   14              |     1.1 |   7.4  -10.6   -5.1    7.3 |    .2    2.9   -1.3   -1.2 | -23.5   -5.3     .2   12.7 |      -2.0
                                                |         |                            |                            |                            |
  Utilities                                     |    -6.1 | -10.7   -3.0   -7.2    3.0 |   -.8    -.3    3.0    1.6 |  17.2    9.8   -7.1   -1.9 |      -1.3
     Electric   491,3pt                         |    -4.1 |  -6.2   -4.7   -3.4    3.2 |  -2.1     .4    1.8    2.2 |   7.7    6.1   -6.3   -1.1 |       -.1
     Gas         492,3pt                        |   -13.1 | -24.6    2.9  -20.2    2.7 |   4.4   -3.2    8.3   -1.0 |  50.7   19.5   -9.1   -3.9 |      -5.5
                                                |         |                            |                            |                            |
 SPECIAL AGGREGATES                             |         |                            |                            |                            |
                                                |         |                            |                            |                            |
 Computers, communications eq, and              |         |                            |                            |                            |
     semiconductors        1                    |   -15.6 | -25.9  -21.8    1.3   16.9 |    .3    2.0    1.9    1.4 |   8.9  -14.8    3.7   13.3 |      -6.0
                                                |         |                            |                            |                            |
 Manufacturing excluding:                       |         |                            |                            |                            |
     Motor vehicles and parts                   |    -6.6 |  -8.7   -5.8   -6.0    2.0 |   -.6     .7     .2     .8 |  -2.1    -.9    1.6    1.9 |      -3.4
     Computer and office equipment              |    -6.1 |  -6.0   -4.7   -6.5    3.0 |   -.3     .6     .2     .8 |  -2.9     .3    2.6    2.0 |      -2.7
     Computers and semiconductors        1      |    -5.6 |  -4.5   -3.8   -7.3    1.9 |   -.4     .5     .0     .8 |  -3.8    1.4    2.3    1.1 |      -2.7
    Computers, communications eq, and           |         |                            |                            |                            |
     semiconductors        1                    |    -5.1 |  -3.9   -3.2   -6.9    2.2 |   -.3     .5     .0     .7 |  -3.9    1.6    2.3    1.1 |      -2.3
 ------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> Semiconductors include related electronic components.
 Notes:  Estimates for March are preliminary.  Estimates from December to February are revised.
         Percent changes shown in the first and last columns are based on seasonally adjusted data.



 Table 3
 CAPACITY UTILIZATION: MANUFACTURING, MINING, AND UTILITIES
 Percent of capacity, seasonally adjusted
                                                |           |  1967-  1978-         1988-  1990-  1994-|       |
                                                |    2001   |  2001    1980   1982   1989   1991   1995|  2001 |  2001                 2002              
 Item                                           | Proportion|  Ave.    High    Low   High    Low   High|  Mar. |  Oct.   Nov.   Dec.   Jan.   Feb.   Mar.
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                                |           |                                          |       |
  Total industry                                |    100.00 |  81.9   87.3   71.1   85.4   78.1   84.5 |  78.5 |  75.0   74.7   74.4   74.7   74.9   75.4
                                                |           |                                          |       |
  Manufacturing                                 |     87.62 |  80.9   86.9   69.0   85.7   76.6   84.1 |  76.7 |  73.3   73.2   72.9   73.3   73.4   73.9
                                                |           |                                          |       |
     Primary processing                         |     33.80 |  82.0   88.6   65.7   88.3   76.7   88.8 |  76.8 |  73.9   73.2   72.7   73.9   74.4   75.1
     Advanced processing                        |     53.82 |  80.3   86.3   71.0   84.2   76.6   81.3 |  76.6 |  72.9   73.1   73.0   72.9   72.8   73.1
                                                |           |                                          |       |
     Durable                                    |     49.11 |  79.4   87.7   63.9   84.6   73.1   83.7 |  75.3 |  70.1   70.1   70.0   70.4   70.5   71.1
        Lumber and products   24                |      2.14 |  82.4   87.9   60.8   93.6   75.5   88.3 |  75.4 |  75.7   75.4   75.7   75.4   76.4   78.0
        Furniture and fixtures   25             |      1.57 |  81.2   85.5   68.9   86.6   72.5   84.3 |  76.6 |  71.7   72.4   72.7   72.2   73.3   74.8
        Stone, clay, and glass products   32    |      2.47 |  78.9   88.0   64.3   83.5   69.7   82.2 |  82.0 |  79.6   78.6   76.9   77.3   77.4   78.9
                                                |           |                                          |       |
        Primary metals   33                     |      2.88 |  81.6   94.2   45.1   92.7   73.7   95.4 |  77.9 |  75.5   73.3   68.9   74.6   75.4   76.4
           Iron and steel   331,2               |      1.50 |  81.3   95.8   37.0   95.2   71.8   98.8 |  75.3 |  75.4   73.3   64.8   74.1   76.4   77.1
              Raw steel                         |       .06 |  81.1   95.8   35.2   92.7   71.5   98.3 |  79.3 |  75.1   71.9   64.9   76.3   77.8   77.3
           Nonferrous   333-6,9                 |      1.37 |  82.1   91.1   60.1   89.3   74.2   92.2 |  80.7 |  75.5   73.3   73.3   74.9   74.3   75.6
              Primary copper   3331             |       .03 |  75.5   81.5   42.1   86.3   73.5  101.1 |  73.8 |  81.0   80.0   81.5   82.1   81.5       
              Primary aluminum   3334           |       .10 |  87.6   97.6   58.6  100.4   97.3   83.7 |  64.0 |  58.8   58.8   56.1   57.6   59.9       
                                                |           |                                          |       |
        Fabricated metal products   34          |      6.06 |  77.8   83.9   63.7   82.0   71.9   85.2 |  73.5 |  70.7   70.6   71.6   71.2   71.2   72.1
        Industrial machinery                    |           |                                          |       |
            and equipment   35                  |      8.29 |  81.0   93.2   64.0   85.4   72.3   87.2 |  76.2 |  67.7   67.9   66.8   68.0   67.6   68.2
           Computer and office equip.   357     |      2.05 |  80.7   92.6   65.5   86.9   66.9   85.3 |  70.0 |  62.0   62.8   63.6   64.1   64.6   64.9
        Electrical machinery   36               |      9.17 |  81.1   89.4   71.6   84.0   75.0   90.6 |  73.6 |  64.6   64.5   64.5   64.9   65.3   65.9
          Semiconductors and related            |           |                                          |       |
              electronic components   3672-9    |      4.55 |  79.6   91.6   75.7   81.1   75.6   91.0 |  71.6 |  60.9   60.7   61.0   62.9   63.9   64.0
                                                |           |                                          |       |
        Transportation equipment   37           |     10.77 |  76.0   84.8   57.2   85.8   68.5   76.8 |  74.5 |  70.2   71.7   72.6   72.0   71.9   71.5
           Motor vehicles and parts   371       |      6.47 |  77.0   95.0   45.5   89.1   55.9   85.1 |  74.7 |  70.7   74.4   77.0   76.8   77.1   77.1
              Autos and light trucks        1   |      3.31 |         94.6   40.6   92.3   53.3   86.4 |  78.3 |  73.2   80.5   83.7   82.2   81.9   80.9
           Aerospace and misc.   372-6,9        |      4.29 |  75.1   81.9   66.6   87.3   79.2   69.0 |  74.1 |  69.4   67.3   65.8   64.6   63.8   62.8
        Instruments   38                        |      4.57 |  81.1   92.7   78.4   81.4   77.2   78.3 |  75.9 |  73.3   73.3   72.7   73.2   72.8   73.5
        Miscellaneous   39                      |      1.19 |  76.0   79.4   65.4   79.0   71.7   80.7 |  75.9 |  71.8   70.0   72.1   72.3   73.0   75.2
                                                |           |                                          |       |
     Nondurable                                 |     38.51 |  83.0   87.5   76.4   87.3   80.7   84.6 |  78.6 |  77.5   77.1   76.8   77.2   77.3   77.7
        Foods   20                              |      9.11 |  82.6   84.6   79.1   85.4   82.7   84.0 |  79.7 |  78.5   79.0   79.6   79.6   79.8   80.3
        Textile mill products   22              |      1.20 |  85.2   91.2   72.3   90.4   77.7   92.5 |  77.0 |  71.7   71.0   71.7   72.4   74.9   77.0
        Apparel products   23                   |      1.60 |  80.6   87.5   77.5   85.1   75.5   85.9 |  71.8 |  65.6   65.4   66.6   67.1   67.3   69.2
        Paper and products   26                 |      3.19 |  88.3   96.1   80.6   93.5   85.0   92.0 |  76.5 |  77.8   76.4   74.1   75.3   75.0   75.8
           Pulp and paper   261-3               |      1.11 |  92.0   98.3   82.0   98.0   89.9   97.4 |  82.3 |  83.4   81.8   77.8   80.3   79.7       
        Printing and publishing   27            |      6.61 |  84.9   93.9   82.0   91.7   79.6   82.2 |  76.5 |  73.5   72.9   71.7   71.3   70.3   70.3
                                                |           |                                          |       |
        Chemicals and products   28             |      9.60 |  79.2   84.6   69.9   86.2   79.3   79.9 |  76.7 |  77.7   77.2   76.6   77.3   77.4   77.7
           Plastics materials   2821            |       .79 |  86.1   90.9   63.4   97.0   74.8  103.0 |  78.9 |  77.7   75.6   72.9                     
           Synthetic fibers   2823,4            |       .24 |  84.4   98.6   64.4   99.7   77.6   90.4 |  83.3 |  78.7   73.6   61.9                     
        Petroleum products   29                 |      1.63 |  87.5   90.0   66.8   88.5   85.1   92.9 |  93.9 |  93.7   93.0   91.4   93.7   94.1   93.8
        Rubber and plastics products   30       |      3.64 |  84.5   91.2   72.7   89.6   77.4   91.4 |  79.8 |  76.5   75.8   76.6   76.4   76.7   77.2
        Leather and products   31               |       .17 |  80.6   92.1   75.8   83.3   76.1   85.5 |  72.9 |  67.7   67.3   66.8   69.3   68.8   70.0
                                                |           |                                          |       |
  Mining                                        |      6.14 |  87.6   96.0   80.3   88.0   87.0   89.3 |  91.6 |  88.4   87.9   86.4   86.2   85.6   84.3
     Metal mining   10                          |       .22 |  79.4   87.9   44.4   89.4   79.9   90.0 |  75.3 |  74.4   69.7   70.0   71.4   70.8   70.1
     Coal mining   12                           |       .60 |  86.7   99.4   76.6   91.5   83.4   88.4 |  89.8 |  82.3   82.3   81.6   80.6   82.4   76.2
     Oil and gas extraction   13                |      4.75 |  88.7   97.3   82.3   88.2   88.7   90.1 |  92.9 |  90.1   89.7   87.6   87.1   86.1   85.5
        Oil and gas well drilling   138         |       .70 |  74.2  104.3   50.9   69.3   60.0   76.9 |  86.4 |  69.6   62.2   58.3   57.8   56.6   55.5
     Stone and earth minerals   14              |       .57 |  84.7   92.7   63.3   89.0   79.4   90.4 |  87.7 |  85.2   85.0   85.2   87.6   86.5   85.5
                                                |           |                                          |       |
  Utilities                                     |      6.24 |  87.6   89.1   75.9   92.6   83.4   92.5 |  90.2 |  85.7   83.0   82.0   81.4   83.6   84.6
     Electric   491,3pt                         |      4.71 |  89.7   88.2   78.9   95.0   87.1   96.1 |  93.3 |  88.0   87.1   84.8   84.8   85.9   87.4
     Gas         492,3pt                        |      1.53 |  81.8   93.7   69.1   85.0   67.1   87.6 |  81.2 |  79.6   70.9   74.1   71.7   77.6   76.8
                                                |           |                                          |       |
 SPECIAL AGGREGATES                             |           |                                          |       |
                                                |           |                                          |       |
 Computers, communications eq, and              |           |                                          |       |
     semiconductors        2                    |      8.52 |  80.0   90.9   77.3   81.9   72.4   88.2 |  71.7 |  61.0   60.7   60.6   61.4   62.1   62.4
                                                |           |                                          |       |
 Manufacturing ex. computers,                   |           |                                          |       |
    communications eq., and                     |           |                                          |       |
     semiconductors        2                    |     79.10 |  81.0   87.0   68.0   86.1   76.8   83.8 |  77.4 |  74.8   74.7   74.5   74.9   74.9   75.5
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> Series begins in 1977.
 <2> Semiconductors include related electronic components.
 Notes:  Primary processing manufacturing includes 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, and stone, clay, and
         glass products.  Advanced processing manufacturing includes foods, tobacco products, apparel products, printing and publishing, chemical
         products and other agricultural chemicals, leather and products, furniture and fixtures, industrial and commercial machinery and computer
         equipment, electrical machinery, transportation equipment, instruments, and miscellaneous manufactures.
         Estimates for March are preliminary.  Estimates from December to February are revised.



 Table 4
 INDUSTRIAL CAPACITY: MANUFACTURING, MINING, AND UTILITIES
                                                                          Percent change
                                                                                                                                       Capacity indexes
                                                |      Annual rate       |    Fourth quarter to fourth quarter    |                 Percent of 1992 output
                                                |   1967-   1967-   1975-|                                        |        |
                                                |   2002     1975   2002 |                                        |   2001 |   2001                    2002                
 Item                                           |    Ave.   Ave.    Ave. |   1998    1999    2000    2001    2002 |   Mar. |   Oct.    Nov.    Dec.    Jan.    Feb.    Mar.
 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                |                        |                                        |        |
  Total industry                                |    3.1     3.8     2.9 |    6.4     3.9     4.0     1.7     1.0 |  182.2 |  183.5   183.6   183.8   183.9   184.1   184.2
                                                |                        |                                        |        |
  Manufacturing                                 |    3.4     4.0     3.3 |    7.2     4.5     4.7     1.6     1.0 |  192.7 |  193.9   194.0   194.2   194.3   194.4   194.6
                                                |                        |                                        |        |
     Primary processing                         |    3.8     4.4     3.7 |    9.8     5.0     7.8     2.7     1.9 |  222.1 |  224.3   224.5   224.8   225.0   225.3   225.7
     Advanced processing                        |    3.2     3.7     3.0 |    5.5     4.2     2.9      .9      .3 |  176.4 |  177.1   177.2   177.3   177.3   177.4   177.4
                                                |                        |                                        |        |
     Durable                                    |    4.2     3.7     4.3 |   10.4     6.6     8.1     3.0     1.9 |  245.2 |  248.1   248.5   248.8   249.1   249.4   249.8
        Lumber and products   24                |    1.9     2.9     1.5 |    4.1      .5     2.1     1.0     -.1 |  148.3 |  149.0   149.1   149.2   149.2   149.2   149.2
        Furniture and fixtures   25             |    3.3     4.5     2.8 |    9.2     4.5     3.1      .5      .1 |  186.0 |  186.1   186.1   186.2   186.1   186.1   186.2
        Stone, clay, and glass products   32    |    1.6     2.5     1.3 |    3.8     2.9     2.6     1.9     1.3 |  162.0 |  163.7   163.9   164.1   164.3   164.5   164.7
                                                |                        |                                        |        |
        Primary metals   33                     |     .4     1.7     -.1 |    3.4     3.0      .3     -.6    -4.6 |  150.9 |  150.4   150.4   150.3   149.9   149.4   148.9
           Iron and steel   331,2               |    -.4      .7     -.8 |    2.8     1.9     -.1    -1.5    -8.1 |  147.7 |  146.4   146.2   146.0   145.2   144.4   143.5
              Raw steel                         |   -1.0      .3    -1.4 |    2.5     1.7     -.8    -2.8    -9.5 |  134.8 |  132.5   132.2   131.9   131.0   130.1   129.1
           Nonferrous   333-6,9                 |    1.7     3.8     1.0 |    4.4     4.4     1.0      .5     -.7 |  155.1 |  155.7   155.8   155.9   155.9   155.9   155.8
              Primary copper   3331             |     .1     1.8     -.4 |    8.3    -1.2    -7.5    -5.3    -5.0 |  133.8 |  129.9   129.4   128.8   128.3   127.8   127.2
              Primary aluminum   3334           |    1.1     5.2     -.2 |     .0     1.3      .2      .4      .5 |  106.0 |  106.4   106.4   106.5   106.5   106.6   106.6
                                                |                        |                                        |        |
        Fabricated metal products   34          |    2.0     3.1     1.7 |    7.0     2.0     2.8      .7      .4 |  179.9 |  180.2   180.2   180.3   180.3   180.3   180.4
        Industrial machinery                    |                        |                                        |        |
            and equipment   35                  |    5.7     4.7     6.0 |    9.9    11.4     8.5     2.6      .2 |  296.1 |  299.5   299.8   300.1   300.2   300.3   300.4
           Computer and office equip.   357     |   21.6    12.0    25.0 |   24.6    46.1    37.6     9.6     9.7 | 1625.6 | 1690.7  1699.3  1708.6  1718.7  1729.8  1742.0
        Electrical machinery   36               |   10.1     5.9    11.5 |   27.7    16.3    30.8     9.9     9.3 |  725.0 |  750.0   752.3   755.1   758.7   763.1   768.1
          Semiconductors and related            |                        |                                        |        |
              electronic components   3672-9    |   21.5    13.1    24.5 |   56.0    27.6    54.3    16.8    18.9 | 2654.4 | 2807.7  2821.4  2837.7  2864.0  2895.7  2932.5
                                                |                        |                                        |        |
        Transportation equipment   37           |    2.7     3.0     2.6 |    5.4     2.3     1.8     1.5     1.3 |  175.9 |  177.3   177.5   177.8   177.9   178.1   178.3
           Motor vehicles and parts   371       |    3.5     4.4     3.2 |    6.3     3.2     2.3     2.6     2.0 |  219.2 |  222.5   222.9   223.4   223.8   224.1   224.5
              Autos and light trucks        1   |                        |    6.0     2.9     2.7     3.8     4.2 |  197.0 |  201.4   202.1   202.7   203.3   204.0   204.7
           Aerospace and misc.   372-6,9        |    1.6     1.1     1.7 |    4.0     1.1     1.1     -.2      .2 |  135.4 |  135.1   135.1   135.1   135.1   135.1   135.2
        Instruments   38                        |    4.3     7.6     3.2 |    6.9     2.7     1.1      .1     -.6 |  155.1 |  155.0   155.0   155.0   155.0   154.9   154.8
        Miscellaneous   39                      |    2.0     4.4     1.2 |    2.4     2.9      .7      .2      .1 |  157.9 |  158.2   158.2   158.2   158.3   158.3   158.3
                                                |                        |                                        |        |
     Nondurable                                 |    2.5     4.3     1.9 |    3.2     1.7      .4     -.2     -.2 |  143.1 |  142.9   142.9   142.9   142.9   142.9   142.9
        Foods   20                              |    2.2     3.0     1.9 |    2.4     2.7      .6      .4      .2 |  142.6 |  143.0   143.0   143.1   143.1   143.2   143.2
        Textile mill products   22              |    1.4     4.4      .4 |   -1.1    -1.1    -2.2    -3.3    -3.9 |  118.1 |  115.7   115.4   115.0   114.7   114.3   113.9
        Apparel products   23                   |    1.0     2.3      .6 |    2.3     -.1     -.2    -2.1    -2.5 |  135.7 |  133.8   133.5   133.3   133.0   132.7   132.4
        Paper and products   26                 |    2.6     3.9     2.2 |    2.7     1.5     1.0      .6     -.7 |  138.5 |  139.0   139.0   139.1   139.1   139.0   138.9
           Pulp and paper   261-3               |    2.1     2.9     1.9 |     .3     1.2     1.0      .6    -1.1 |  125.2 |  125.7   125.7   125.8   125.8   125.7   125.6
        Printing and publishing   27            |    2.5     3.0     2.3 |    3.2     2.4     -.4     -.6    -1.5 |  136.2 |  135.9   135.8   135.8   135.6   135.5   135.4
                                                |                        |                                        |        |
        Chemicals and products   28             |    3.5     6.8     2.4 |    5.3     2.1      .7      .4     1.5 |  158.2 |  158.5   158.6   158.6   158.7   158.8   159.0
           Plastics materials   2821            |    5.8    12.7     3.7 |    5.5     3.2     1.8     1.3      .8 |  152.2 |  153.3   153.4   153.6   153.7   153.8   153.9
           Synthetic fibers   2823,4            |    3.0     9.7      .9 |    3.8     -.3    -4.9    -7.3     1.8 |  117.4 |  112.2   111.4   110.7   110.6   110.5   110.6
        Petroleum products   29                 |    1.4     4.2      .6 |    2.2     1.6      .5      .7      .6 |  122.1 |  122.6   122.7   122.7   122.8   122.9   122.9
        Rubber and plastics products   30       |    5.1     8.4     4.1 |    5.3     4.0     3.3     1.9      .5 |  173.9 |  175.6   175.9   176.1   176.3   176.3   176.4
        Leather and products   31               |   -3.5    -1.5    -4.2 |   -3.8    -2.6    -4.8    -7.3    -8.3 |   92.7 |   88.6    88.0    87.4    86.8    86.2    85.6
                                                |                        |                                        |        |
  Mining                                        |     .0     -.1      .0 |    -.6    -2.4    -1.9      .6      .3 |  111.9 |  112.5   112.6   112.8   112.8   112.9   112.9
     Metal mining   10                          |    1.0      .5     1.1 |    -.1    -1.1    -2.4    -2.8    -1.1 |  116.8 |  114.9   114.7   114.5   114.3   114.2   114.0
     Coal mining   12                           |    2.1     2.4     2.0 |     .4      .4     1.3     1.2      .6 |  128.5 |  129.4   129.5   129.6   129.7   129.8   129.8
     Oil and gas extraction   13                |    -.6    -1.0     -.5 |   -1.8    -3.4    -2.2      .8      .6 |  104.5 |  105.2   105.4   105.6   105.7   105.8   105.8
        Oil and gas well drilling   138         |     .7      .8      .7 |   -1.1    -1.7      .9     7.2     1.7 |  174.7 |  182.7   183.9   185.1   185.7   186.2   186.6
     Stone and earth minerals   14              |    1.4     2.6     1.0 |    3.0     1.7      .5      .7      .3 |  151.6 |  152.2   152.3   152.4   152.4   152.5   152.5
                                                |                        |                                        |        |
  Utilities                                     |    2.8     6.1     1.7 |     .1     2.4     2.9     5.1     4.0 |  135.1 |  139.3   139.9   140.5   141.0   141.6   142.1
     Electric   491,3pt                         |    3.7     7.8     2.4 |     .2     2.4     3.2     6.4     5.1 |  133.7 |  139.0   139.8   140.6   141.2   141.9   142.5
     Gas         492,3pt                        |     .3     2.3     -.3 |     .6      .2     -.2     -.2      .3 |  135.9 |  135.7   135.7   135.7   135.7   135.7   135.7
                                                |                        |                                        |        |
 SPECIAL AGGREGATES                             |                        |                                        |        |
                                                |                        |                                        |        |
 Computers, communications eq, and              |                        |                                        |        |
     semiconductors        2                    |   17.3     9.5    20.0 |   36.6    28.6    42.9    12.7    12.9 | 1572.8 | 1644.7  1651.8  1660.1  1671.0  1684.0  1698.9
                                                |                        |                                        |        |
 Manufacturing ex. computers,                   |                        |                                        |        |
    communications eq., and                     |                        |                                        |        |
     semiconductors        2                    |    2.3     3.7     1.8 |    4.4     2.0     1.0      .3     -.1 |  155.2 |  155.4   155.4   155.4   155.4   155.4   155.4
 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> Series begins in 1977.
 <2> Semiconductors include related electronic components.



 Table 5A
 INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR TOTAL INDUSTRY:  HISTORICAL DATA


 -------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|  Annual
 -------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Industrial      |                                                                                    |                            |
 Production,     |                                                                                    |                            |
 Percent         |                                                                                    |                            |
 Change <1>      |                                                                                    |                            |
  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           |    .0     .5     .9     .7     .3    -.1     .9    -.3     .4     .5     .6     .0 |    .6    6.6    3.3    4.4 |    3.1
  1993           |    .3     .4     .2     .3    -.4     .2     .2    -.2    1.0     .4     .5     .8 |   3.6    1.5    1.8    6.5 |    3.4
  1994           |    .2     .3     .8     .6     .7     .5     .3     .4     .2     .8     .6    1.1 |   5.7    7.6    5.2    7.5 |    5.5
                 |                                                                                    |                            |
  1995           |    .5     .0     .1    -.2     .3     .4    -.5    1.3     .4    -.1     .3     .2 |   5.9     .8    3.6    3.6 |    4.8
  1996           |   -.3    1.2    -.1    1.0     .7     .7     .2     .6     .5     .0    1.0     .6 |   2.9    8.4    6.3    5.8 |    4.6
  1997           |    .4    1.1     .1     .6     .3     .5     .5    1.0     .7     .7     .6     .2 |   7.7    6.0    7.7    8.2 |    6.9
  1998           |    .6     .1     .3     .5     .3    -.6    -.2    1.9    -.2     .6    -.4     .0 |   4.5    3.2    2.8    3.5 |    5.1
  1999           |    .7     .2     .4     .1     .4     .2     .6     .5     .0     .8     .4     .7 |   3.6    3.3    4.7    5.8 |    3.7
                 |                                                                                    |                            |
  2000           |    .2     .6     .6     .5     .7     .4    -.4     .1     .1    -.4    -.3    -.4 |   5.8    7.0     .6   -2.6 |    4.5
  2001           |   -.8    -.3    -.4    -.6    -.3    -.9     .1    -.3   -1.1    -.6    -.3    -.4 |  -6.1   -5.9   -4.7   -6.7 |   -3.9
  2002           |    .5     .3     .7                                                                |   2.5                      |       
                 |                                                                                    |                            |
 Industrial      |                                                                                    |                            |
 Production <2>  |                                                                                    |                            |
  1990           |  98.6   99.1   99.6   99.0   99.4   99.3   99.3   99.5   99.6   99.1   97.7   97.2 |  99.1   99.2   99.5   98.0 |   98.9
  1991           |  96.7   95.9   95.0   95.4   96.1   97.2   97.3   97.4   98.4   98.3   98.1   97.5 |  95.9   96.2   97.7   98.0 |   97.0
  1992           |  97.5   98.0   98.9   99.6   99.9   99.7  100.6  100.3  100.7  101.2  101.8  101.8 |  98.1   99.7  100.5  101.6 |  100.0
  1993           | 102.2  102.6  102.8  103.1  102.7  102.9  103.2  103.0  104.0  104.4  104.9  105.7 | 102.5  102.9  103.4  105.0 |  103.4
  1994           | 105.9  106.3  107.2  107.8  108.5  109.1  109.4  109.9  110.1  111.0  111.7  112.9 | 106.5  108.4  109.8  111.8 |  109.1
                 |                                                                                    |                            |
  1995           | 113.4  113.4  113.5  113.3  113.6  114.1  113.5  115.0  115.5  115.4  115.8  116.0 | 113.4  113.7  114.7  115.7 |  114.4
  1996           | 115.6  117.1  116.9  118.1  118.9  119.8  120.0  120.7  121.4  121.4  122.6  123.3 | 116.5  118.9  120.7  122.4 |  119.6
  1997           | 123.7  125.1  125.3  126.1  126.5  127.2  127.8  129.1  130.0  130.9  131.7  132.0 | 124.7  126.6  129.0  131.5 |  127.9
  1998           | 132.7  132.8  133.3  134.0  134.4  133.6  133.3  135.9  135.6  136.4  135.9  136.0 | 133.0  134.0  134.9  136.1 |  134.5
  1999           | 136.9  137.2  137.8  137.9  138.5  138.8  139.6  140.2  140.3  141.3  141.9  142.9 | 137.3  138.4  140.0  142.0 |  139.4
                 |                                                                                    |                            |
  2000           | 143.2  144.0  144.9  145.6  146.6  147.2  146.5  146.7  146.8  146.3  145.8  145.1 | 144.0  146.5  146.7  145.7 |  145.7
  2001           | 143.9  143.5  142.9  142.0  141.6  140.3  140.4  140.0  138.5  137.7  137.2  136.7 | 143.5  141.3  139.6  137.2 |  140.1
  2002           | 137.4  137.9  138.8                                                                | 138.0                      |       
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
  1990           | 119.2  119.3  119.5  119.7  119.9  120.1  120.2  120.4  120.6  120.8  121.0  121.2 | 119.3  119.9  120.4  121.0 |  120.2
  1991           | 121.4  121.6  121.7  121.9  122.1  122.2  122.4  122.6  122.7  122.9  123.0  123.2 | 121.6  122.1  122.6  123.0 |  122.3
  1992           | 123.4  123.6  123.8  124.1  124.3  124.5  124.7  124.9  125.2  125.4  125.6  125.8 | 123.6  124.3  124.9  125.6 |  124.6
  1993           | 126.1  126.3  126.5  126.7  127.0  127.2  127.4  127.7  127.9  128.2  128.5  128.8 | 126.3  127.0  127.7  128.5 |  127.3
  1994           | 129.1  129.4  129.8  130.1  130.5  130.9  131.4  131.8  132.2  132.7  133.2  133.7 | 129.4  130.5  131.8  133.2 |  131.2
                 |                                                                                    |                            |
  1995           | 134.2  134.8  135.3  135.8  136.4  137.0  137.6  138.2  138.8  139.4  140.0  140.6 | 134.8  136.4  138.2  140.0 |  137.3
  1996           | 141.2  141.9  142.5  143.1  143.8  144.4  145.0  145.7  146.3  147.0  147.6  148.3 | 141.9  143.8  145.7  147.6 |  144.7
  1997           | 149.0  149.7  150.4  151.2  151.9  152.7  153.5  154.4  155.2  156.1  157.0  157.9 | 149.7  151.9  154.4  157.0 |  153.3
  1998           | 158.9  159.8  160.7  161.6  162.5  163.3  164.2  164.9  165.7  166.4  167.1  167.8 | 159.8  162.5  164.9  167.1 |  163.6
  1999           | 168.4  168.9  169.5  170.0  170.5  171.0  171.5  172.0  172.5  173.1  173.6  174.2 | 168.9  170.5  172.0  173.6 |  171.3
                 |                                                                                    |                            |
  2000           | 174.8  175.4  176.0  176.6  177.2  177.9  178.5  179.0  179.6  180.1  180.6  181.1 | 175.4  177.2  179.0  180.6 |  178.1
  2001           | 181.5  181.8  182.2  182.4  182.6  182.8  183.0  183.2  183.3  183.5  183.6  183.8 | 181.8  182.6  183.2  183.6 |  182.8
  2002           | 183.9  184.1  184.2                                                                | 184.1                      |       
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
  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           |  79.0   79.3   79.8   80.3   80.3   80.1   80.7   80.3   80.4   80.7   81.0   80.9 |  79.4   80.2   80.5   80.9 |   80.2
  1993           |  81.1   81.3   81.2   81.4   80.9   80.9   81.0   80.6   81.3   81.4   81.6   82.1 |  81.2   81.1   81.0   81.7 |   81.2
  1994           |  82.1   82.1   82.6   82.8   83.1   83.3   83.3   83.4   83.3   83.6   83.8   84.4 |  82.3   83.1   83.3   84.0 |   83.2
                 |                                                                                    |                            |
  1995           |  84.5   84.2   83.9   83.4   83.3   83.3   82.5   83.2   83.2   82.8   82.7   82.5 |  84.2   83.3   83.0   82.7 |   83.3
  1996           |  81.9   82.5   82.0   82.5   82.7   82.9   82.7   82.9   83.0   82.6   83.0   83.1 |  82.1   82.7   82.9   82.9 |   82.7
  1997           |  83.1   83.6   83.3   83.4   83.3   83.3   83.2   83.6   83.7   83.8   83.9   83.6 |  83.3   83.3   83.5   83.8 |   83.5
  1998           |  83.6   83.1   82.9   82.9   82.7   81.8   81.2   82.4   81.8   82.0   81.3   81.1 |  83.2   82.5   81.8   81.5 |   82.2
  1999           |  81.3   81.2   81.3   81.1   81.2   81.2   81.4   81.5   81.3   81.7   81.7   82.0 |  81.3   81.2   81.4   81.8 |   81.4
                 |                                                                                    |                            |
  2000           |  81.9   82.1   82.3   82.5   82.7   82.8   82.1   81.9   81.7   81.2   80.7   80.2 |  82.1   82.6   81.9   80.7 |   81.8
  2001           |  79.3   78.9   78.5   77.8   77.5   76.7   76.7   76.4   75.5   75.0   74.7   74.4 |  78.9   77.4   76.2   74.7 |   76.8
  2002           |  74.7   74.9   75.4                                                                |  75.0                      |       
 -------------------------------------------------------------------------------------------------------------------------------------------
 <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 5B
 INDUSTRIAL PRODUCTION, CAPACITY AND UTILIZATION FOR MANUFACTURING:  HISTORICAL DATA


 -------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
                 |   Jan.   Feb.   Mar.   Apr.    May   June   July   Aug.  Sept.   Oct.   Nov.   Dec.|     Q1     Q2     Q3     Q4|  Annual
 -------------------------------------------------------------------------------------------------------------------------------------------
                 |                                                                                    |                            |
 Industrial      |                                                                                    |                            |
 Production,     |                                                                                    |                            |
 Percent         |                                                                                    |                            |
 Change <1>      |                                                                                    |                            |
  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           |    .1     .7    1.0     .6     .4     .0     .9    -.3     .3     .5     .6    -.1 |   2.0    7.4    4.1    3.7 |    4.0
  1993           |    .7     .2     .2     .5    -.3     .0     .2    -.3    1.1     .4     .5     .9 |   4.2    2.1    1.3    6.9 |    3.7
  1994           |    .1     .4    1.1     .8     .8     .3     .5     .6     .3     .9     .8    1.1 |   5.9    9.4    6.0    9.0 |    6.1
                 |                                                                                    |                            |
  1995           |    .6    -.1     .2    -.3     .1     .5    -.7    1.2     .7     .0     .1     .1 |   6.4     .4    3.0    4.2 |    5.3
  1996           |   -.3    1.2    -.2    1.2     .8     .9     .6     .6     .6     .0    1.0     .7 |   2.4    9.2    8.4    6.2 |    4.9
  1997           |    .4    1.2     .3     .5     .4     .7     .4    1.3     .6     .6     .7     .3 |   8.8    6.8    8.9    8.7 |    7.9
  1998           |    .9     .0     .2     .7     .2    -.7    -.2    2.3    -.2     .8    -.2     .2 |   6.0    3.0    3.2    5.2 |    5.9
  1999           |    .6     .4     .2     .2     .6     .1     .4     .8     .0     .8     .6     .6 |   3.9    3.6    4.8    6.9 |    4.2
                 |                                                                                    |                            |
  2000           |    .3     .5     .9     .3     .7     .5    -.4    -.1     .1    -.5    -.5    -.7 |   6.3    7.1     .4   -4.0 |    4.8
  2001           |   -.8    -.3    -.4    -.8    -.2   -1.0     .2    -.5   -1.1    -.5    -.1    -.3 |  -7.1   -6.2   -4.9   -6.3 |   -4.4
  2002           |    .6     .2     .8                                                                |   3.3                      |       
                 |                                                                                    |                            |
 Industrial      |                                                                                    |                            |
 Production <2>  |                                                                                    |                            |
  1990           |  98.1   99.0   99.3   98.6   99.0   98.9   98.8   99.1   99.0   98.4   97.2   96.6 |  98.8   98.8   99.0   97.4 |   98.5
  1991           |  95.8   95.1   94.1   94.4   95.0   96.3   96.6   96.8   97.8   97.8   97.6   97.1 |  95.0   95.2   97.0   97.5 |   96.2
  1992           |  97.2   97.8   98.8   99.4   99.8   99.9  100.8  100.5  100.8  101.3  101.9  101.8 |  97.9   99.7  100.7  101.6 |  100.0
  1993           | 102.5  102.7  102.9  103.4  103.1  103.1  103.3  103.0  104.2  104.6  105.2  106.1 | 102.7  103.2  103.5  105.3 |  103.7
  1994           | 106.2  106.6  107.7  108.6  109.4  109.7  110.3  110.9  111.3  112.2  113.1  114.3 | 106.8  109.2  110.8  113.2 |  110.0
                 |                                                                                    |                            |
  1995           | 115.0  114.9  115.1  114.8  115.0  115.5  114.7  116.1  117.0  117.0  117.2  117.3 | 115.0  115.1  116.0  117.2 |  115.8
  1996           | 117.0  118.4  118.1  119.5  120.4  121.5  122.2  122.9  123.7  123.7  124.9  125.8 | 117.9  120.5  122.9  124.8 |  121.5
  1997           | 126.3  127.8  128.2  128.9  129.4  130.4  130.9  132.6  133.5  134.3  135.3  135.7 | 127.4  129.6  132.3  135.1 |  131.1
  1998           | 136.9  137.0  137.3  138.2  138.5  137.6  137.2  140.3  140.0  141.1  140.8  141.0 | 137.1  138.1  139.2  141.0 |  138.8
  1999           | 141.8  142.4  142.7  143.0  143.8  143.9  144.4  145.6  145.7  146.8  147.7  148.6 | 142.3  143.6  145.2  147.7 |  144.7
                 |                                                                                    |                            |
  2000           | 149.0  149.8  151.1  151.6  152.6  153.3  152.7  152.6  152.8  152.0  151.2  150.1 | 149.9  152.5  152.7  151.1 |  151.6
  2001           | 148.9  148.4  147.9  146.7  146.4  145.0  145.2  144.5  142.9  142.1  142.0  141.6 | 148.4  146.0  144.2  141.9 |  144.8
  2002           | 142.5  142.7  143.9                                                                | 143.0                      |       
                 |                                                                                    |                            |
 Capacity        |                                                                                    |                            |
  1990           | 119.9  120.1  120.3  120.5  120.7  120.9  121.1  121.3  121.5  121.7  122.0  122.2 | 120.1  120.7  121.3  122.0 |  121.0
  1991           | 122.4  122.6  122.8  123.0  123.1  123.3  123.5  123.7  123.8  124.0  124.2  124.3 | 122.6  123.1  123.7  124.2 |  123.4
  1992           | 124.6  124.8  125.0  125.3  125.5  125.8  126.0  126.2  126.5  126.7  127.0  127.2 | 124.8  125.5  126.2  127.0 |  125.9
  1993           | 127.5  127.8  128.0  128.3  128.5  128.8  129.1  129.3  129.6  129.9  130.3  130.6 | 127.8  128.5  129.3  130.3 |  129.0
  1994           | 131.0  131.3  131.7  132.1  132.6  133.0  133.5  134.0  134.5  135.0  135.6  136.1 | 131.3  132.6  134.0  135.6 |  133.4
                 |                                                                                    |                            |
  1995           | 136.7  137.3  137.9  138.5  139.2  139.8  140.5  141.2  141.9  142.6  143.3  144.0 | 137.3  139.2  141.2  143.3 |  140.2
  1996           | 144.7  145.5  146.2  147.0  147.7  148.5  149.2  149.9  150.7  151.4  152.2  153.0 | 145.5  147.7  149.9  152.2 |  148.8
  1997           | 153.7  154.5  155.3  156.2  157.1  158.0  158.9  159.9  160.9  161.9  162.9  164.0 | 154.5  157.1  159.9  162.9 |  158.6
  1998           | 165.1  166.2  167.2  168.3  169.3  170.3  171.2  172.2  173.0  173.9  174.6  175.4 | 166.2  169.3  172.1  174.6 |  170.6
  1999           | 176.1  176.8  177.4  178.0  178.6  179.2  179.8  180.4  181.1  181.7  182.4  183.1 | 176.8  178.6  180.4  182.4 |  179.5
                 |                                                                                    |                            |
  2000           | 183.8  184.6  185.4  186.1  186.9  187.7  188.4  189.1  189.8  190.4  191.0  191.5 | 184.6  186.9  189.1  191.0 |  187.9
  2001           | 192.0  192.4  192.7  193.0  193.2  193.4  193.5  193.6  193.8  193.9  194.0  194.2 | 192.3  193.2  193.6  194.0 |  193.3
  2002           | 194.3  194.4  194.6                                                                | 194.4                      |       
                 |                                                                                    |                            |
 Utilization     |                                                                                    |                            |
  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           |  78.0   78.4   79.0   79.4   79.5   79.4   80.0   79.6   79.7   79.9   80.2   80.0 |  78.5   79.4   79.8   80.0 |   79.4
  1993           |  80.4   80.4   80.4   80.6   80.2   80.0   80.1   79.7   80.4   80.5   80.7   81.2 |  80.4   80.3   80.0   80.8 |   80.4
  1994           |  81.1   81.1   81.8   82.2   82.5   82.5   82.6   82.8   82.7   83.1   83.4   84.0 |  81.3   82.4   82.7   83.5 |   82.5
                 |                                                                                    |                            |
  1995           |  84.1   83.7   83.5   82.9   82.6   82.6   81.7   82.3   82.5   82.1   81.8   81.5 |  83.8   82.7   82.1   81.8 |   82.6
  1996           |  80.9   81.4   80.8   81.3   81.5   81.8   81.9   82.0   82.1   81.7   82.1   82.2 |  81.0   81.6   82.0   82.0 |   81.6
  1997           |  82.1   82.7   82.5   82.5   82.4   82.5   82.4   83.0   83.0   83.0   83.0   82.7 |  82.5   82.5   82.8   82.9 |   82.7
  1998           |  83.0   82.4   82.1   82.2   81.8   80.8   80.1   81.5   80.9   81.2   80.6   80.4 |  82.5   81.6   80.9   80.7 |   81.4
  1999           |  80.5   80.6   80.4   80.3   80.5   80.3   80.3   80.7   80.5   80.8   81.0   81.1 |  80.5   80.4   80.5   81.0 |   80.6
                 |                                                                                    |                            |
  2000           |  81.0   81.1   81.5   81.4   81.6   81.7   81.0   80.7   80.5   79.8   79.2   78.4 |  81.2   81.6   80.7   79.1 |   80.7
  2001           |  77.6   77.2   76.7   76.0   75.8   75.0   75.1   74.6   73.7   73.3   73.2   72.9 |  77.2   75.6   74.5   73.1 |   75.1
  2002           |  73.3   73.4   73.9                                                                |  73.6                      |       
 -------------------------------------------------------------------------------------------------------------------------------------------
 <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 6
 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
                                                     |             |                                        Index, 1992 = 100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |     IP      |   2001                            2002         |   2001                            2002        
                                                     |Proportion<1>|  Sept.    Oct.    Nov.    Dec.    Jan.    Feb. |  Sept.    Oct.    Nov.    Dec.    Jan.    Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
     Metal mining   10                               |      .22    |   91.2    85.6    80.0    80.1    81.6    80.8 |   91.7    84.2    80.8    80.8    80.3    82.1
        Iron ore   101                               |      .03    |   97.6    91.3    75.0    58.5    84.3         |  100.6    87.8    74.8    59.2    77.9        
        Nonferrous ores   102-4,8,9                  |      .19    |   90.1    84.6    80.9    83.8    81.2    80.5 |   90.2    83.6    81.9    84.5    80.7    82.4
           Copper   102                              |      .06    |   77.6    75.7    72.1    77.7                 |   76.5    74.1    72.2    76.3                
                                                     |             |                                                |
     Coal mining   12                                |      .69    |  111.7   106.5   106.6   105.8   104.5   107.0 |  112.9   109.8   107.6   102.2   103.7   108.9
                                                     |             |                                                |
     Oil and gas extraction   13                     |     4.61    |   97.0    94.8    94.5    92.6    92.1    91.1 |   96.3    95.0    94.7    91.6    92.0    91.6
        Crude oil and natural gas   131              |     3.63    |   91.3    90.2    91.4    90.0    89.8    88.7 |   90.2    90.2    91.3    89.2    90.0    89.4
           Crude oil, total                          |     1.82    |   79.2    77.3    79.5    79.6    79.7    79.4 |   78.1    77.7    79.8    79.9    79.7    79.9
           Natural gas                               |     1.81    |  108.0   107.9   107.8   104.3   103.6   101.4 |  107.0   107.5   107.2   102.2   104.2   102.5
        Natural gas liquids   132                    |      .27    |  118.4   118.7   118.3   116.5   111.4   114.4 |  120.5   120.0   118.9   110.4   107.5   113.4
        Oil and gas well drilling   138              |      .72    |  140.4   127.2   114.4   107.8   107.3   105.3 |  141.7   128.4   116.0   107.5   107.1   105.4
                                                     |             |                                                |
     Stone and earth minerals   14                   |      .67    |  131.2   129.6   129.5   129.8   133.6   131.9 |  149.3   153.3   133.2   102.0    96.6    96.7
                                                     |             |                                                |
     Foods   20                                      |     9.66    |  111.7   112.2   113.0   114.0   114.0   114.3 |  119.1   118.1   113.0   109.8   108.8   108.2
        Meat products   201                          |     1.67    |  125.6   126.1   124.6   129.1   126.0   125.3 |  126.0   131.7   124.0   123.3   125.9   125.5
           Beef                                      |      .52    |  114.9   115.7   118.8   122.5   117.8   114.1 |  118.2   119.8   115.0   112.6   116.9   113.3
           Pork                                      |      .34    |  113.0   115.1   112.9   115.2   113.0   111.9 |  112.7   123.2   121.0   119.0   115.0   112.9
           Poultry                                   |      .80    |  145.9   145.3   140.5   147.2   144.5   146.6 |  143.5   150.1   136.8   138.1   143.2   146.2
           Miscellaneous meats                       |      .01    |   63.6    66.2    64.5    63.1    63.6    63.8 |   63.2    67.4    66.7    68.0    62.1    65.3
        Dairy products   202                         |      .96    |  103.0   102.6   103.5   104.1   102.8   104.2 |   96.0    96.2    97.3   100.6   100.4   107.2
           Butter   2021                             |      .01    |  108.4   106.2    98.5   112.7   104.3   107.5 |   91.2   102.7    97.5   121.3   130.0   131.7
           Cheese   2022                             |      .25    |  119.2   120.1   121.7   120.8   122.1   122.9 |  115.2   118.1   122.6   121.8   120.6   123.4
           Concentrated milk   2023                  |      .21    |  115.8   115.5   116.1   117.8   109.5   115.0 |   96.2   101.8   104.9   119.3   110.9   126.3
           Frozen desserts   2024                    |      .11    |   90.2    87.3    89.3    91.8    92.9    90.3 |   88.5    76.0    69.4    67.2    72.5    86.0
           Milk and misc. dairy products   2026      |      .37    |   91.5    91.2    91.9    91.7    91.8    92.7 |   87.7    87.7    88.8    89.8    92.0    94.8
                                                     |             |                                                |
        Canned and frozen food   203                 |     1.23    |  102.3   101.8   102.5   102.9   103.0   104.4 |  122.3   113.5   102.8    97.8    93.4    92.3
        Grain mill products   204                    |     1.03    |  110.1   110.0   109.2   108.1   111.2   111.3 |  115.2   113.4   113.3   109.8   108.0   107.0
        Bakery products   205                        |     1.29    |  114.7   119.5   124.6   124.8   122.7   123.0 |  127.6   125.4   122.6   118.1   114.2   110.5
        Sugar and confectionery   206                |      .62    |  105.5   103.9   102.8   101.9   107.0   108.9 |  112.3   119.8   118.9   115.3   108.9   106.1
        Fats and oils   207                          |      .18    |  133.5   137.3   138.7   146.0   141.9   143.9 |  133.5   145.9   147.5   144.7   141.0   148.2
        Beverages   208                              |     1.80    |  114.4   112.7   113.8   115.3   116.4   114.8 |  123.3   117.6   111.1   104.0   107.8   105.6
           Beer and ale   2082,3                     |      .54    |   95.1    87.2    91.6    94.9                 |   92.1    82.9    82.1    77.7                
           Soft drinks   2086,7                      |     1.04    |  128.9   130.9   130.0   131.5   132.8   130.6 |  148.2   139.1   126.3   121.8   121.0   113.6
        Coffee and miscellaneous   209               |      .88    |  105.9   109.5   110.0   109.5   110.2   112.3 |  118.2   118.6   108.6   106.8   102.4   102.3
           Roasted coffee   2095                     |      .12    |  103.1   106.1   105.8   103.5                 |   93.6   116.5   117.7   122.9                
                                                     |             |                                                |
     Tobacco products   21                           |     2.11    |   92.7    92.8    92.7    90.8    93.1    95.0 |   91.2   100.0    92.1    71.4    93.2   100.9
                                                     |             |                                                |
     Textile mill products   22                      |     1.17    |   85.9    83.0    81.9    82.5    83.0    85.7 |   86.7    86.8    79.6    72.3    78.5    84.7
        Fabrics   221-4                              |      .28    |   75.3    75.5    72.1    71.0    72.8    76.0 |   75.0    77.9    70.7    65.6    68.2    75.5
           Cotton and synthetic   221,2              |      .23    |   76.3    76.5    74.2    72.8                 |   76.5    80.0    72.7    66.5                
           Narrow fabrics   224                      |      .03    |   81.7    89.5    78.7    80.7    81.4    83.8 |   82.2    89.0    79.5    79.6    80.5    84.3
        Knit goods   225                             |      .24    |   67.9    67.6    66.5    68.1    69.9    71.5 |   72.7    71.5    64.7    60.4    59.2    67.0
           Knit garments   2253,4,7-9                |      .16    |   63.1    63.3    62.4    65.2    69.0    70.4 |   70.9    63.9    60.5    60.0    57.9    64.8
           Fabric finishing   226                    |      .10    |   68.9    68.1    67.4    66.9    67.1    69.2 |   63.4    70.2    69.6    56.4    63.9    71.2
        Carpeting   227                              |      .19    |  107.1    94.3    99.7   102.1    99.8   104.6 |  107.3   104.3    88.3    73.3   101.9   104.8
        Yarns and miscellaneous   228,9              |      .37    |  113.1   108.5   106.2   107.0   106.5   108.7 |  114.3   111.3   105.5    99.8   104.5   109.0
           Cotton and synthetic yarns   2281,2,4     |      .17    |  116.2   107.8   102.0   105.9   103.9   109.5 |  115.5   113.2    99.8    87.8   101.8   112.7
                                                     |             |                                                |
     Apparel products   23                           |     1.46    |   89.4    87.8    87.3    88.8    89.2    89.3 |   91.8    89.1    87.4    88.7    85.5    87.6
                                                     |             |                                                |
     Lumber and products   24                        |     2.15    |  116.4   112.8   112.4   113.0   112.6   114.0 |  120.7   117.5   110.8   105.7   107.1   111.5
        Logging and lumber   241,2                   |      .74    |  106.8   101.6   100.2   103.3   105.5   106.6 |  112.8   107.4    98.5    96.4   100.1   106.0
           Logging   241                             |      .25    |   86.5    83.7    85.4    87.3    86.0    88.1 |   95.6    91.3    87.5    84.9    82.6    82.1
        Lumber products   243-5,9                    |     1.41    |  124.0   121.3   121.5   120.6   118.6   120.2 |  127.2   125.4   120.0   113.0   113.0   116.6
           Millwork and plywood   243                |      .80    |  130.0   126.1   127.4   125.4   124.6   128.2 |  132.8   129.1   128.4   122.1   119.8   122.2
              Plywood   2435,6                       |      .14    |   93.3    85.2    89.4    88.3    87.0    91.4 |   94.7    88.5    87.8    76.3    84.5    93.0
           Manufactured homes   245                  |      .19    |  102.9   100.2    99.5    97.7    93.1         |  107.2   109.3    94.1    76.4    80.5        
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 Note:  Estimates for December to February are revised.



 Table 6 (continued)
 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
                                                     |             |                                        Index, 1992 = 100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |     IP      |   2001                            2002         |   2001                            2002        
                                                     |Proportion<1>|  Sept.    Oct.    Nov.    Dec.    Jan.    Feb. |  Sept.    Oct.    Nov.    Dec.    Jan.    Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
     Furniture and fixtures   25                     |     1.57    |  135.1   133.5   134.8   135.4   134.3   136.4 |  144.2   137.4   131.8   130.6   126.8   131.4
        Household furniture   251                    |      .62    |  122.3   124.3   126.0   124.6   124.8   124.7 |  128.9   126.8   121.8   120.7   118.0   122.2
                                                     |             |                                                |
     Paper and products   26                         |     3.29    |  109.7   108.1   106.2   103.1   104.7   104.3 |  109.4   110.1   104.6    99.4   105.6   106.9
        Pulp and paper   261-3                       |     1.21    |  104.8   104.8   102.9    97.8   100.9   100.1 |  104.6   105.7   101.9    95.1   101.9   103.0
           Wood pulp   261                           |      .05    |   88.3    95.4    91.7    89.8    87.7    87.5 |   87.5    94.2    91.8    87.7    88.0    89.2
           Paper   262                               |      .73    |  105.3   104.5   101.1    96.0   101.1    99.9 |  104.9   105.1   101.0    94.8   102.3   103.0
           Paperboard   263                          |      .42    |  107.6   108.1   108.9   103.6   103.7   103.7 |  107.6   109.8   106.2    98.0   104.3   106.1
        Paper products   265,7                       |     2.09    |  112.7   110.2   108.4   106.4   107.1   106.9 |  112.5   112.8   106.3   102.1   108.0   109.5
           Paperboard containers   265               |      .69    |  106.9   101.8   102.5   103.1   100.4   102.7 |  107.4   109.5    98.5    94.9    99.0   102.8
           Converted paper products   267            |     1.40    |  116.1   115.0   111.8   108.5   111.1   109.5 |  115.4   114.8   110.7   106.1   113.1   113.3
                                                     |             |                                                |
     Printing and publishing   27                    |     6.62    |   99.7    99.8    98.9    97.3    96.7    95.3 |  106.0   104.0    99.6    96.0    91.7    90.4
        Newspapers   271                             |     1.44    |   83.7    82.9    81.0    80.5    80.1    80.1 |   84.5    90.8    85.1    80.6    76.6    80.3
        Periodicals, books, and cards   272,3,7      |     2.18    |  106.2   105.2   103.6   100.4    98.2    95.5 |  107.8   104.9   105.1   102.9    96.8    94.4
        Job printing   274-6,8,9                     |     3.00    |  104.1   105.6   106.0   104.7   105.1   103.8 |  117.3   110.9   104.0    99.8    96.7    93.1
                                                     |             |                                                |
     Chemicals and products   28                     |     9.75    |  121.0   123.2   122.4   121.4   122.6   122.9 |  122.2   124.4   121.1   119.2   121.9   124.0
        Industrial chemicals and                     |             |                                                |
           synthetic materials   281,2,6             |     3.25    |  100.5   101.9   100.4    97.9   100.7   102.0 |  100.6   103.2   101.6    95.6    99.6   104.4
           Basic chemicals   281                     |     1.03    |  107.0   108.9   110.0   109.2   112.3   113.3 |  107.4   112.7   113.7   106.3   109.8   120.4
              Alkalies and chlorine   2812           |      .06    |   72.1    69.9    68.5    64.5    66.6    67.5 |   72.0    67.9    68.7    64.3    67.6    70.5
              Inorganic pigments   2816              |      .07    |   89.9    94.6    91.5    67.8    84.4    85.7 |   89.7    94.9    85.2    67.1    85.6    86.7
              Inorganic chemicals, nec   2819        |      .80    |  113.4   115.3   117.1   118.9   121.2   122.3 |  113.9   120.7   122.7   115.8   118.1   131.5
                 Acids and other                     |      .72    |  152.0   152.9   155.1   155.5                 |  154.7   158.6   159.4   146.0                
                                                     |             |                                                |
           Synthetic materials   282                 |     1.15    |  106.3   109.9   104.7    97.8   103.3   104.9 |  106.5   110.5   104.0    92.6   101.7   107.3
              Plastics materials   2821              |      .79    |  116.0   119.0   116.0   111.9                 |  116.0   119.7   116.1   106.3                
              Synthetic fibers   2823,4              |      .24    |   83.7    88.3    82.0    68.5                 |   84.6    89.6    78.9    62.6                
           Industrial organic chemicals   286        |     1.07    |   90.3    89.6    89.2    89.2                 |   90.3    89.6    90.1    90.1                
                                                     |             |                                                |
        Chemical products   283-5,9                  |     6.04    |  139.4   141.9   141.5   141.7   141.9   141.5 |  141.6   143.1   138.2   139.2   141.3   141.7
           Drugs and medicines   283                 |     3.62    |  162.5   165.0   162.5   162.1   162.7   162.4 |  159.0   164.1   163.3   165.6   167.4   167.1
           Soap and toiletries   284                 |     1.43    |  114.6   117.5   120.5   122.7   122.4   121.1 |  126.3   121.7   114.2   116.1   116.1   115.9
           Paints   285                              |      .36    |  103.7   105.7   107.5   107.1   107.4   106.9 |  105.0   107.0    94.2    81.3    92.1   105.1
        Agricultural chemicals   287                 |      .46    |   92.1    96.7    96.7    96.2    95.4    94.9 |   91.3    97.1    97.3    94.8    96.1    94.6
                                                     |             |                                                |
     Petroleum products   29                         |     1.92    |  112.1   114.9   114.0   112.2   115.1   115.6 |  116.0   115.6   114.7   111.1   107.4   108.0
        Petroleum refining and misc.   291,9         |     1.70    |  108.6   111.9   110.2   108.2   111.1   111.6 |  111.5   111.4   110.4   107.8   104.9   105.2
           Miscellaneous petroleum products          |      .32    |  101.9   105.2   106.2   103.2   101.9   103.7 |  109.9   103.1    97.9    90.1    86.7    92.3
           Distillate fuel oil                       |      .30    |  121.2   124.4   129.1   123.5   123.1         |  122.3   127.4   132.8   125.9   117.8        
           Residual fuel oil                         |      .04    |   73.7    80.9    74.9    69.4    67.6         |   73.5    78.3    76.3    73.4    69.6        
           Aviation fuel and kerosene                |      .19    |  101.4   109.7   100.1   104.2   104.4         |  103.1   106.6   102.5   109.8   108.0        
           Automotive gasoline                       |      .85    |  111.1   113.0   110.4   108.7   115.2         |  113.0   112.9   112.4   111.0   109.8        
        Paving and roofing materials   295           |      .22    |  144.2   141.4   148.8   149.2   151.8   153.4 |  159.2   154.6   154.1   140.9   128.7   132.6
                                                     |             |                                                |
     Rubber and plastics products   30               |     3.78    |  136.5   134.4   133.4   134.8   134.6   135.3 |  138.4   135.9   134.2   135.2   132.1   134.7
        Tires      301                               |      .29    |  119.9   112.9   106.3   106.9   113.9   112.9 |  120.8   119.5   104.4    93.3   116.1   121.3
        Other rubber products   302,5,6              |      .61    |  121.8   123.0   125.7   127.3   124.6   125.6 |  129.3   127.3   126.3   123.0   114.1   123.0
        Plastics products, nec   308                 |     2.89    |  142.3   140.0   138.8   140.3   139.8   140.6 |  143.0   140.2   140.0   143.4   138.4   139.3
                                                     |             |                                                |
     Leather and products   31                       |      .16    |   61.4    60.0    59.2    58.4    60.2    59.3 |   62.6    60.7    59.8    58.7    57.7    58.8
        Shoes   314                                  |      .04    |   47.5    47.0    50.6    49.4    50.9    49.8 |   48.2    48.3    51.8    49.1    49.3    48.4
                                                     |             |                                                |
     Stone, clay, and glass products   32            |     2.66    |  129.9   130.3   128.8   126.3   127.0   127.3 |  135.3   136.0   127.9   120.1   118.6   120.7
        Pressed and blown glass   322                |      .32    |  106.5   106.7   107.5   108.1   111.3   108.8 |  107.0   107.9   108.1    99.4   106.8   109.3
           Glass containers   3221                   |      .12    |   76.4    77.9    76.6    77.6    80.7    77.1 |   75.8    79.1    77.1    60.6    76.7    80.6
        Cement   324                                 |      .23    |  129.9   133.1   140.8   134.7   147.7         |  147.4   157.9   135.1   105.6    96.5        
                                                     |             |                                                |
        Structural clay products   325               |      .12    |  109.8   105.6   103.3   102.7   103.7   104.9 |  111.1   109.1   103.5    95.8    96.1   104.2
        Concrete and miscellaneous   326-9           |     1.60    |  132.2   132.4   128.9   125.2   124.0   125.2 |  137.3   136.6   127.8   122.8   120.4   119.3
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 Note:  Estimates for December to February are revised.



 Table 6 (continued)
 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
                                                     |             |                                        Index, 1992 = 100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |     IP      |   2001                            2002         |   2001                            2002        
                                                     |Proportion<1>|  Sept.    Oct.    Nov.    Dec.    Jan.    Feb. |  Sept.    Oct.    Nov.    Dec.    Jan.    Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
     Primary metals   33                             |     2.93    |  116.4   113.6   110.2   103.6   111.7   112.7 |  117.4   113.9   109.0   100.2   110.4   112.9
        Iron and steel   331,2                       |     1.51    |  112.7   110.4   107.1    94.6   107.7   110.4 |  113.1   110.3   104.4    90.5   105.2   110.1
           Basic steel and mill products   331       |     1.05    |  112.0   109.5   105.6    89.8   108.0   111.4 |  111.9   108.6   102.1    84.9   105.7   111.1
              Basic iron and steel                   |      .20    |   96.5    90.7    81.9    73.9    86.6    88.3 |   95.3    90.0    80.3    72.0    85.3    89.5
                 Pig iron                            |      .11    |   94.5    88.5    76.3    68.3    81.3    83.1 |   92.5    87.6    75.6    67.7    79.8    83.7
                 Raw steel                           |      .06    |  105.8    99.5    95.1    85.5   100.0   101.3 |  105.5    98.9    91.2    80.7    99.1   105.0
                                                     |             |                                                |
              Steel mill products                    |      .85    |  116.5   115.0   112.5    94.4   114.3   118.1 |  116.7   114.1   108.5    88.7   111.7   117.5
                 Consumer durable steel              |      .13    |  115.4   117.9   120.2    88.4   116.9   117.2 |  119.9   121.6   117.3    79.2   114.4   123.2
                 Equipment steel                     |      .07    |   84.0    82.9    83.1    66.1    77.5    83.8 |   86.8    82.0    77.9    60.8    78.5    85.5
                 Construction steel                  |      .12    |  171.4   151.9   155.4   144.1   163.4   169.5 |  169.1   159.1   152.3   138.2   156.5   163.1
                 Can and closure steel               |      .03    |   77.2    86.3    83.3    64.3   102.4    92.8 |   83.2    83.2    78.1    62.0    95.3    87.9
                 Miscellaneous steel                 |      .49    |  115.6   115.5   110.2    94.4   112.2   117.2 |  114.5   112.2   106.3    89.3   110.2   115.9
           Iron and steel foundries   332            |      .46    |  115.2   113.4   111.5   106.9   107.8   108.9 |  117.0   115.5   111.0   104.7   105.0   108.9
                                                     |             |                                                |
        Nonferrous metals   333-6,9                  |     1.42    |  121.2   117.6   114.1   114.2   116.8   115.8 |  122.8   118.3   114.6   111.7   116.8   116.5
           Primary nonferrous metals   333           |      .17    |   87.5    91.5    90.4    88.5    90.7    91.7 |   86.8    92.4    90.9    88.9    91.3    94.3
              Copper   3331                          |      .03    |   94.8   105.3   103.5   105.0   105.3   104.1 |   95.2   105.0   106.0   106.9   102.7   109.2
              Aluminum   3334                        |      .08    |   62.0    62.6    62.6    59.7    61.3    63.8 |   62.2    62.5    62.7    59.8    61.3    63.7
                                                     |             |                                                |
           Nonferrous products   335,6               |     1.05    |  128.5   122.5   118.1   118.5   122.3   120.5 |  129.8   122.0   118.4   115.9   123.9   121.4
              Nonferrous mill products   335         |      .80    |  123.3   116.9   112.7   113.2   117.9   115.8 |  124.7   116.3   112.6   108.2   119.6   116.5
                 Aluminum   3353-5                   |      .31    |   95.9    88.9    83.7    82.6    94.8    93.4 |   97.2    88.6    79.0    74.0    94.7    94.9
              Nonferrous foundries   336             |      .25    |  145.6   141.4   136.0   136.3   136.6   136.0 |  146.5   141.4   138.0   142.1   137.8   137.5
                                                     |             |                                                |
     Fabricated metal products   34                  |     5.85    |  128.7   127.5   127.2   129.1   128.3   128.4 |  132.4   130.2   128.5   128.9   123.4   125.4
        Metal containers   341                       |      .20    |   99.8   102.0   103.1   102.9   103.3   103.9 |  104.6    98.4    91.6    96.8    91.7    88.5
        Hardware, tools, and cutlery   342           |      .56    |  113.8   114.7   113.4   117.7   115.1   114.1 |  119.6   118.2   113.1   112.1   107.3   111.3
           Hardware and tools   3423,5,9             |      .49    |  113.9   115.5   114.0   119.0   116.9   115.1 |  119.9   119.0   113.0   112.3   108.1   112.0
        Structural metal products   344              |     1.66    |  137.6   135.7   134.0   136.1   135.7   136.1 |  139.6   137.5   136.7   139.0   133.3   132.2
        Other fabricated metal products   345-9      |     3.23    |  129.5   127.5   128.0   129.5   129.0   129.1 |  131.7   129.4   129.2   128.6   124.6   128.4
           Fasteners, stampings, etc.   345-7        |     1.90    |  137.1   133.4   136.2   137.9   137.8   137.7 |  140.9   137.2   137.6   134.2   130.1   136.6
                                                     |             |                                                |
     Industrial machinery                            |             |                                                |
         and equipment   35                          |     7.69    |  205.1   202.8   203.4   200.4   204.2   203.0 |  207.3   206.2   202.2   195.5   199.7   203.4
        Engines and turbines   351                   |      .49    |  128.6   124.6   124.0   124.9   125.2   124.3 |  129.5   123.8   125.7   129.8   128.0   124.4
        Farm   352                                   |      .35    |  115.0   109.2   123.9   111.3   123.8   114.6 |   84.9    88.3   101.5    88.9   120.8   148.0
        Construction and allied   353                |      .89    |  151.6   147.9   149.3   131.8   140.7   133.7 |  154.9   156.6   147.3   123.9   142.2   139.5
        Metalworking   354                           |      .85    |  108.1   106.5   103.4   102.8   102.4   100.3 |  107.4   105.9   104.2   106.2   102.9   100.6
        Special industry machinery   355             |      .57    |  125.6   123.0   119.3   117.8   113.5   112.7 |  124.9   122.7   120.2   120.9   113.5   112.6
        General industrial machinery   356           |      .94    |  102.6   104.4   103.9   103.7   103.5   102.8 |  107.3   104.8   102.0   100.6    99.2   100.4
           Bearings and gears   3562,6,8             |      .28    |  102.8    99.9    99.3    97.0    95.6    96.1 |   99.5    97.2    98.5    99.5    97.4    98.3
              Bearings   3562                        |      .14    |  106.8   101.9    99.0    98.0                 |  100.3    96.8    96.3    98.2                
           Equipment   3561,3-5,7,9                  |      .66    |  102.3   106.4   106.0   106.6   107.0   105.7 |  110.8   108.2   103.5   101.0   100.0   101.3
        Computer and office equip.   357             |     1.55    | 1035.7  1049.1  1067.2  1087.0  1101.3  1117.8 | 1073.9  1148.0  1171.1  1142.8  1076.6  1035.2
        Service industry machines   358              |      .90    |  144.0   135.6   136.5   139.8   143.4   149.6 |  135.0   127.6   122.2   118.4   137.6   161.4
           Refrig. and heating equip.   3585         |      .68    |  158.4   146.5   148.8   154.1   159.4   167.2 |  144.4   134.9   127.4   121.8   151.2   184.0
        Miscellaneous machinery   359                |     1.14    |  135.8   136.5   135.2   133.2   137.0   135.8 |  148.3   140.3   129.8   125.3   126.9   127.8
                                                     |             |                                                |
     Electrical machinery   36                       |     7.82    |  484.6   484.8   485.1   487.3   492.4   498.1 |  529.9   483.6   486.7   518.3   455.3   479.2
        Major electrical and parts   361,2           |      .82    |  116.7   119.1   121.9   119.5   121.6   121.6 |  124.6   119.9   119.6   116.2   117.2   116.4
           Electric distribution equip.   361        |      .30    |  112.4   117.5   118.7   118.4   122.0   121.8 |  123.0   119.8   117.2   117.1   117.7   119.2
        Household appliances   363                   |      .49    |  141.3   131.6   134.4   139.9   134.7   139.7 |  146.0   149.2   142.9   121.1   130.2   148.7
           Cooking equipment   3631                  |      .08    |  158.8   134.4   167.6   157.1   132.2   150.5 |  153.5   147.5   162.9   120.8   135.0   162.6
           Refrigerators and freezers   3632         |      .10    |  166.3   164.2   150.6   179.6   182.1   172.8 |  162.8   170.5   140.7   128.0   174.1   200.0
           Laundry   3633                            |      .08    |  151.1   149.8   151.0   153.6   150.0   152.2 |  150.3   158.1   148.5   133.2   152.2   176.9
           Miscellaneous   3634,5,9                  |      .22    |  120.2   109.8   110.1   112.7   109.9   116.9 |  132.5   135.2   132.2   111.5   103.1   114.0
              Electrical housewares   3634           |      .07    |   92.1    87.8    96.6    81.8    84.7   103.8 |  132.2   151.8   157.8    79.6    59.5    71.4
              Appliances, nec   3639                 |      .09    |  128.6   112.2   107.8   126.9   115.8   116.7 |  124.4   115.8   105.7   121.5   113.9   133.0
                                                     |             |                                                |
        Audio and video equipment   365              |      .10    |   73.9    62.9    70.2    92.6    82.3    75.7 |   86.7    71.7    75.7    84.8    72.4    80.3
        Communication equipment   366                |     1.53    |  316.1   308.0   301.1   291.3   284.4   283.7 |  318.8   310.5   305.4   302.8   280.8   279.5
        Electronic components   367                  |     3.60    | 1594.2  1630.4  1633.1  1648.8  1714.7  1761.4 | 1841.7  1559.3  1625.3  1901.9  1513.4  1646.2
          Semiconductors and related                 |             |                                                |
              electronic components   3672-9         |     3.54    | 1676.9  1709.7  1712.5  1731.5  1800.4  1850.7 | 1939.5  1626.0  1698.7  2012.5  1589.1  1730.7
        Misc. electrical supplies   369              |      .65    |  129.8   128.6   127.3   126.7   124.5   122.1 |  137.2   133.0   128.9   129.0   120.4   118.2
           Storage batteries   3691                  |      .13    |  152.6   154.0   150.3   156.7                 |  192.5   174.6   150.1   156.1                
                                                     |             |                                                |
     Transportation equipment   37                   |    10.44    |  128.5   124.6   127.2   129.1   128.2   128.0 |  130.1   132.1   126.1   115.8   124.8   133.7
        Motor vehicles and parts   371               |     6.35    |  164.2   157.3   165.9   172.1   171.8   172.7 |  167.7   173.0   162.8   142.7   164.6   184.3
           Autos                                     |     1.22    |   99.8    93.4   101.8   108.4   108.4   118.4 |  105.4   104.3    99.4    86.7   100.6   124.2
           Trucks and truck trailers                 |     2.52    |  215.3   203.6   220.4   228.0   223.6   214.5 |  217.8   228.6   212.8   184.6   207.0   233.8
              Trucks and buses                       |     2.47    |  223.7   212.2   230.4   238.9   234.5   224.8 |  226.1   238.5   222.3   193.0   217.0   245.2
                 Consumer trucks                     |     1.63    |  239.8   226.5   251.5   259.5   253.6   240.9 |  243.0   255.0   243.0   209.7   235.7   263.5
                 Business trucks                     |      .84    |  196.5   188.1   194.7   204.2   202.4   197.4 |  197.3   210.3   187.1   164.8   185.4   213.9
           Motor vehicle parts   3714                |     2.56    |  182.8   179.8   181.7   186.2   189.9   191.4 |  185.7   192.8   182.4   160.7   190.7   202.3
           Motor homes   3716                        |      .05    |  100.6    81.1    96.0   111.4    94.7   101.2 |  106.6    87.5    78.1    96.8    91.8   101.5
       Aerospace and miscellaneous                   |             |                                                |
           transportation equipment   372-6,9        |     4.10    |   95.0    93.8    91.0    88.9    87.3    86.2 |   94.8    93.8    91.7    90.5    87.6    86.5
           Aircraft and parts   372                  |     2.63    |   95.9    94.2    90.2    86.3    84.9    82.2 |   95.2    94.1    91.1    88.7    85.0    82.2
           Ships and boats   373                     |      .42    |  100.7   102.6   103.2   104.1   104.6   103.9 |  100.0   103.2   104.1   106.7   104.2   105.5
           Railroad and miscellaneous   374-6,9      |     1.05    |   90.4    89.4    88.3    89.1    86.6    89.0 |   91.4    89.0    88.2    88.5    87.1    89.6
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 Note:  Estimates for December to February are revised.



 Table 6 (continued)
 INDUSTRIAL PRODUCTION: INDUSTRY SUBTOTALS AND INDIVIDUAL SERIES
                                                     |             |                                        Index, 1992 = 100
                                                     |    2001     |              Seasonally adjusted               |            Not seasonally adjusted
                                                     |     IP      |   2001                            2002         |   2001                            2002        
                                                     |Proportion<1>|  Sept.    Oct.    Nov.    Dec.    Jan.    Feb. |  Sept.    Oct.    Nov.    Dec.    Jan.    Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |             |                                                |
     Instruments   38                                |     4.51    |  112.8   113.6   113.7   112.8   113.4   112.7 |  116.6   114.8   112.0   111.5   109.9   109.3
        Scientific and medical   381-4               |     3.88    |  116.1   117.6   117.5   116.7   117.4   116.1 |  120.6   119.0   115.2   115.0   113.3   112.2
           Medical instruments   384                 |     1.71    |  133.3   140.1   142.4   140.1   142.2   140.9 |  145.7   145.5   135.3   132.2   130.7   129.7
                                                     |             |                                                |
     Misc. manufactures   39                         |     1.18    |  114.5   113.6   110.7   114.1   114.4   115.5 |  116.5   116.6   113.8   115.9   111.3   113.6
        Consumer goods   391,3,4,6                   |      .51    |  102.4   104.0   100.7   102.8   103.9   105.5 |  104.2   107.0   104.5   104.9   100.5   103.8
        Business supplies   395,9                    |      .67    |  126.2   123.0   120.5   125.2   124.6   125.3 |  128.4   126.0   122.9   126.6   121.8   123.1
                                                     |             |                                                |
     Electric utilities   491,3pt                    |     5.60    |  121.0   122.3   121.8   119.3   119.8   121.9 |  126.7   112.9   110.3   118.8   126.0   118.1
        Generation                                   |     2.39    |  117.5   118.4   117.2   116.3   116.8   118.8 |  117.8   106.6   108.8   116.5   119.9   119.5
           Fossil fuel                               |     1.25    |  122.8   124.0   123.3   119.9                 |  128.6   117.0   112.4   117.2                
           Hydro and nuclear                         |     1.14    |  113.2   113.8   112.1   113.7                 |  108.1    97.1   106.0   116.5                
                                                     |             |                                                |
        Sales                                        |     3.22    |  123.6   125.2   125.3   121.5   122.0   124.2 |  133.6   117.8   111.4   120.5   130.8   117.0
           Residential                               |     1.42    |  123.9   126.5   128.1   121.8                 |  135.9   109.6   104.2   125.7                
           Nonresidential                            |     1.80    |  123.6   124.5   123.5   121.4   121.9   123.4 |  132.0   124.2   117.1   116.7   119.8   113.3
              Commercial and other                   |     1.21    |  141.1   142.3   140.8   137.9                 |  152.9   141.1   130.4   131.9                
              Industrial                             |      .59    |   97.5    98.0    97.6    96.7                 |  100.9    99.1    97.4    94.2                
                                                     |             |                                                |
     Gas utilities   492,3pt                         |     1.47    |  106.9   108.0    96.2   100.5    97.2   105.3 |   55.6    72.2   102.0   153.7   183.7   167.0
        Residential                                  |      .80    |   99.1   100.2    86.6    92.0    86.0    94.4 |   33.2    55.3    95.3   157.9   190.3   170.7
        Commercial and other                         |      .29    |  125.7   125.0   114.5   117.3   121.5   130.5 |   69.3    86.5   119.5   175.2   225.0   206.3
        Gas transmission                             |      .26    |  108.2   109.0    97.8   101.5   100.0   108.0 |   85.9    90.5    97.3   124.9   140.9   132.5
 --------------------------------------------------------------------------------------------------------------------------------------------------------------------
 <1> The IP proportion data are estimates of the industries' relative contributions to overall IP growth in the following year.
 Note:  Estimates for December to February are revised.



 Table 7
 INDUSTRIAL PRODUCTION:  GROSS VALUE OF PRODUCTS
 Billions of 1996 dollars at annual rates, seasonally adjusted
                                      |        |        |   2000    2001                            2002 |   2001                    2002                
 Item                                 | 1992   |   2001 |     Q4      Q1      Q2      Q3   Q4  r   Q1    |   Oct.    Nov.    Dec.    Jan.    Feb.    Mar.
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                      |        |        |                                                |
  Products, total                     | 2091.3 | 2724.4 | 2808.7  2772.1  2751.8  2726.5  2677.3  2692.8 | 2669.6  2679.2  2683.2  2682.7  2690.9  2704.7
                                      |        |        |                                                |
     Final products                   | 1587.4 | 2102.7 | 2166.4  2138.1  2126.8  2103.9  2067.5  2077.4 | 2056.7  2070.6  2075.1  2073.7  2075.7  2082.7
                                      |        |        |                                                |
        Consumer goods                | 1079.6 | 1302.9 | 1317.2  1303.3  1309.1  1311.0  1302.2  1316.7 | 1291.1  1301.9  1313.7  1311.4  1316.2  1322.5
           Durable                    |  229.7 |  349.6 |  355.0   341.5   353.9   359.3   353.7   364.2 |  337.4   355.9   367.8   362.3   364.0   366.3
              Automotive products     |  123.7 |  187.8 |  185.4   178.7   190.1   196.7   193.6   199.6 |  181.7   196.0   203.1   199.7   199.4   199.6
              Other durable goods     |  106.0 |  160.5 |  171.1   164.1   162.7   159.7   157.3   161.6 |  154.5   156.4   160.8   158.9   161.6   164.2
           Nondurable                 |  851.9 |  953.3 |  961.8   961.0   955.1   952.0   948.5   952.9 |  952.8   946.1   946.5   949.4   952.5   956.6
                                      |        |        |                                                |
        Equipment, total              |  509.4 |  800.0 |  856.2   840.8   820.2   791.0   759.3   752.3 |  761.0   763.5   753.5   754.8   751.0   751.0
           Business and defense       |  490.0 |  778.4 |  835.5   819.4   797.2   768.0   740.3   735.7 |  740.0   744.8   736.0   738.0   734.4   734.8
              Business                |  402.1 |  715.8 |  773.9   757.2   735.3   705.6   676.3   670.5 |  676.2   681.0   671.5   673.3   669.3   668.8
              Defense and space       |   89.0 |   64.4 |   64.8    64.9    64.2    64.0    64.7    65.5 |   64.5    64.6    64.9    65.1    65.4    66.0
                                      |        |        |                                                |
     Intermediate products            |  504.7 |  622.0 |  642.3   634.1   625.2   622.7   610.0   615.5 |  612.9   608.8   608.3   609.2   615.2   622.1
        Construction supplies         |  200.1 |  274.0 |  278.7   276.0   276.1   275.7   268.3   274.7 |  268.0   266.8   270.0   270.7   274.8   278.7
        Business supplies             |  304.8 |  347.6 |  363.3   357.7   348.5   346.3   341.2   340.0 |  344.5   341.5   337.7   337.8   339.6   342.5
           Commercial energy products |   72.6 |   92.2 |   92.5    92.2    93.2    93.6    91.7    92.8 |   93.7    91.0    90.3    90.1    93.5    94.7
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for March are preliminary.  Estimates from December to February are revised.



 Table 8
 DIFFUSION INDEXES OF INDUSTRIAL PRODUCTION
 Percent

 Year       Jan.    Feb.    Mar.    Apr.     May    June    July    Aug.   Sept.    Oct.    Nov.    Dec.
 -------------------------------------------------------------------------------------------------------

 One Month Earlier
  2000     54.3    55.1    57.2    47.8    50.4    53.6    49.6    41.3    51.4    43.5    44.2    42.8
  2001     46.0    36.6    39.9    43.1    41.7    40.9    47.8    43.5    39.5    42.0    38.8    52.2
  2002     56.9    56.9

 Three Months Earlier
  2000     61.2    57.6    59.4    55.4    48.6    51.4    51.4    44.2    38.4    39.1    40.2    38.8
  2001     39.5    37.5    36.6    38.0    37.7    37.7    39.1    40.2    41.3    36.6    33.0    39.1
  2002     45.1    58.7

 Six Months Earlier
  2000     63.4    62.0    65.9    59.8    57.6    58.0    53.6    45.3    43.5    41.3    40.2    37.0
  2001     35.5    32.6    32.2    30.8    31.9    32.6    30.1    32.6    35.9    30.4    34.1    35.5
  2002     40.6    44.6
 -------------------------------------------------------------------------------------------------------
 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 9
 ELECTRIC POWER USE: MANUFACTURING AND MINING
                                                     |       |                                   Index, 1992=100
                                                     | 1992  |           Seasonally adjusted            |         Not seasonally adjusted
                                                     |Billion|  2001                        2002        |  2001                        2002       
 Item                                                |  KWH  | Sept.   Oct.   Nov.   Dec.   Jan.   Feb. | Sept.   Oct.   Nov.   Dec.   Jan.   Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |       |                                          |
     Total                                           | 933.2 |  94.6   95.7   96.3   94.8   95.1   95.5 |  98.4   98.1   95.7   93.2   92.1   92.1
                                                     |       |                                          |
 MAJOR INDUSTRY GROUPS                               |       |                                          |
                                                     |       |                                          |
  Manufacturing                                      | 853.2 |  94.7   95.7   96.6   95.1   95.5   95.8 |  98.7   98.3   95.8   93.2   92.1   92.3
     Durable                                         | 366.0 |  96.6   96.3   97.5   96.0   95.4   95.7 | 100.8   98.8   96.0   92.9   91.4   92.4
     Nondurable                                      | 487.2 |  93.1   95.3   95.9   94.4   95.6   96.0 |  97.0   98.0   95.7   93.5   92.6   92.2
  Mining                                             |  80.1 |  93.8   94.5   92.7   90.5   89.4   90.9 |  93.8   94.5   94.0   92.8   92.4   90.0
                                                     |       |                                          |
 INDUSTRY GROUPS and SERIES                          |       |                                          |
                                                     |       |                                          |
  Metal mining   10                                  |  18.6 | 102.1  104.8   98.9   95.3   96.7  102.3 |  99.5  103.2  101.4   97.8   97.9  100.4
     Iron ore   101                                  |   7.3 | 112.5  106.7  104.2   93.2   94.6  105.4 | 108.3  107.2  105.1   99.6   96.7  101.4
     Copper ore   102                                |   6.6 | 103.7  115.4  106.9  107.0  111.4  110.2 | 100.5  110.4  111.4  105.7  108.2  112.5
                                                     |       |                                          |
  Coal mining   12                                   |  12.7 |  97.8   98.1   98.0   94.7   97.7   98.8 |  94.6   95.7   97.8  100.3  107.7  105.9
                                                     |       |                                          |
  Oil and gas extraction   13                        |  36.0 |  79.8   80.0   80.3   78.4   72.6   73.4 |  81.9   80.8   79.3   79.5   75.6   72.0
     Crude oil and natural gas   131                 |  31.0 |  79.6   78.9   78.7   77.0   71.2   71.3 |  81.5   80.1   78.7   78.7   74.1   70.4
     Natural gas liquids   132                       |   3.6 |  69.5   75.5   73.6   70.6   72.4   79.1 |  69.8   75.0   72.2   73.7   73.8   72.0
                                                     |       |                                          |
  Stone and earth minerals   14                      |  12.8 | 108.8  107.9  105.5  105.9  106.7  104.0 | 112.1  111.8  112.0  106.8  103.7   95.8
     Crushed stone   142                             |   3.5 | 178.5  179.8  171.7  172.3  187.8  180.1 | 189.2  193.2  193.6  175.3  170.6  150.4
     Sand and gravel   144                           |   2.7 | 107.0  106.6  106.0  105.5  105.1   99.0 | 114.6  115.9  112.3  103.4   94.2   85.6
     Chemical and fertilizer materials   147         |   4.7 |  88.7   86.5   83.0   85.3   81.3   80.4 |  87.8   84.9   86.3   87.3   86.3   81.4
                                                     |       |                                          |
  Foods      20                                      |  58.8 | 122.4  123.3  125.4  125.3  124.2  124.0 | 133.8  129.6  125.6  120.9  117.7  114.0
     Meat products   201                             |  10.4 | 136.0  138.3  144.5  145.5  144.9  143.3 | 149.7  143.8  142.6  139.0  136.2  129.5
     Dairy products   202                            |   6.8 | 111.1  112.0  114.2  115.3  111.5  114.0 | 119.8  113.7  111.8  109.5  106.0  104.5
     Canned and frozen food   203                    |   8.0 | 117.3  116.9  117.7  118.3  117.5  120.0 | 140.1  130.2  118.1  112.3  106.5  106.0
     Grain mill products   204                       |  11.4 | 123.3  122.1  126.4  125.6  122.6  124.4 | 125.9  128.2  130.4  123.1  121.1  119.6
     Bakery products   205                           |   3.5 | 125.5  130.7  136.4  136.7  133.2  132.4 | 139.5  137.0  134.0  129.2  123.9  118.7
     Sugar and confectionery   206                   |   4.0 | 161.6  157.8  150.0  143.8  146.0  133.5 | 150.5  155.2  163.7  155.4  151.0  144.1
     Fats and oils   207                             |   3.9 | 121.8  116.6  115.4  116.8  113.8  111.2 | 121.2  116.5  121.6  122.3  116.8  108.4
     Beverages   208                                 |   6.1 | 113.4  114.5  114.1  115.3  116.5  113.7 | 130.7  121.9  111.1  107.1  106.4   99.2
     Coffee and miscellaneous    209                 |   4.7 | 110.3  113.5  114.7  113.9  115.3  118.0 | 127.1  122.8  111.0  107.3  104.7  103.1
                                                     |       |                                          |
  Tobacco products   21                              |   1.5 |  74.9   71.4   74.4   79.1   79.7   79.0 |  85.0   77.5   75.4   75.1   71.9   75.6
                                                     |       |                                          |
  Textile mill products   22                         |  31.5 |  82.5   87.6   83.0   83.7   87.3   85.1 |  91.6   90.1   80.2   78.1   73.4   79.7
     Fabrics   221-4                                 |  11.9 |  70.9   77.7   75.7   78.3   82.6   78.9 |  77.9   78.6   73.9   73.5   69.6   74.1
     Knit goods   225                                |   4.1 |  73.8   74.0   73.0   76.5   81.1   82.8 |  83.0   74.8   70.9   70.4   68.0   76.3
     Fabric finishing   226                          |   2.5 |  71.0   74.4   71.0   69.6   69.6   74.5 |  73.8   75.9   73.7   67.9   63.2   71.9
     Yarn and thread   228                           |   8.3 |  83.7   92.5   84.5   83.6   91.4   87.8 |  90.4   89.9   85.7   81.1   74.8   84.4
     Miscellaneous textiles   229                    |   3.3 | 104.2  103.6   95.1   93.0   89.5   89.8 | 118.9  115.4   85.8   84.1   79.2   82.9
                                                     |       |                                          |
  Apparel products   23                              |   8.2 |  87.9   86.1   87.9   88.4   88.4   86.5 | 101.8   91.5   83.7   81.2   77.9   79.7
     Men's outerwear   231,2                         |   2.0 |  78.9   78.5   81.4   80.1   80.4   77.8 |  91.8   82.7   76.3   71.3   68.4   70.3
     Women's outerwear   233                         |   2.5 |  85.7   83.8   85.2   83.4   86.1   83.4 | 101.1   89.1   83.1   79.2   78.5   79.4
                                                     |       |                                          |
  Lumber and products   24                           |  19.7 | 122.0  123.7  123.1  123.9  121.2  120.3 | 122.2  122.0  119.4  119.2  116.9  119.9
     Lumber   242                                    |   7.7 | 101.5  104.8  101.4  101.4  100.2  101.6 |  98.2  100.9  100.5   99.8   99.9  104.0
     Millwork and plywood   243                      |   5.6 | 137.6  137.6  138.9  142.0  140.3  142.7 | 138.0  136.1  135.0  136.7  135.3  142.3
                                                     |       |                                          |
  Furniture and fixtures   25                        |   6.0 | 113.4  113.4  114.9  114.5  113.9  113.2 | 121.4  116.7  111.4  109.7  106.2  109.2
     Household furniture   251                       |   3.2 | 108.2  109.5  110.7  109.1  109.2  108.0 | 113.5  111.3  106.6  105.2  102.8  105.4
                                                     |       |                                          |
  Paper and products   26                            | 112.3 |  84.3   85.6   87.1   86.6   85.9   87.1 |  86.5   87.8   86.8   86.1   84.8   83.2
     Wood pulp   261                                 |   8.8 |  76.2   78.8   71.8   77.3   78.4   81.6 |  77.6   80.2   76.9   79.8   78.7   75.6
     Paper      262                                  |  61.5 |  71.2   71.3   75.4   73.6   73.5   73.4 |  72.8   73.8   74.3   73.1   73.7   70.3
     Paperboard   263                                |  28.1 | 122.8  124.9  121.5  119.6  116.7  126.0 | 124.4  124.6  122.1  123.0  116.3  122.6
     Paperboard containers   265                     |   5.0 |  98.5  102.6  101.6  106.3  105.0  101.6 | 103.7  106.1  100.9  101.4   99.4   95.7
     Converted paper products   267                  |   8.9 | 115.1  121.1  119.2  119.7  117.1  118.8 | 120.8  122.4  119.0  115.6  109.9  113.6
                                                     |       |                                          |
  Printing and publishing   27                       |  17.3 | 102.9  105.3  107.9  106.5  107.8  107.2 | 115.5  110.3  105.3  101.6   99.7   96.1
     Newspapers   271                                |   3.7 |  96.2  100.0  102.6  100.5  103.4  105.0 | 107.5  103.4   99.4   96.8   97.8   92.3
     Commercial printing   275                       |   9.2 | 110.6  115.3  116.8  115.1  116.8  115.1 | 124.4  120.6  115.9  110.3  107.8  104.1
                                                     |       |                                          |
  Chemicals and products   28                        | 171.6 |  83.5   86.3   86.8   84.6   86.7   88.1 |  83.8   88.8   88.0   86.6   87.3   87.0
     Basic chemicals   281                           |  78.9 |  67.9   70.3   71.5   69.2   72.5   74.2 |  65.3   73.5   74.7   74.4   75.2   74.7
        Alkalies and chlorine   2812                 |  14.9 |  48.8   47.5   50.4   44.8   42.5   40.0 |  48.0   46.9   47.6   44.4   42.1   38.8
        Inorganic chemicals, nec   2819              |  38.3 |  54.2   58.2   58.4   58.2   66.6   70.5 |  48.0   63.3   66.9   69.2   72.3   73.2
           Acid and fertilizer materials             |  14.0 |  58.8   63.1   58.1   42.6   47.6   52.7 |  56.2   61.2   58.5   43.4   49.1   50.2
           Nuclear materials, nondefense             |  24.3 |  51.9   55.8   58.6   66.0   75.9   79.4 |  43.9   64.3   71.1   82.0   83.8   84.6
 --------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for February are preliminary.  Estimates from December to January are revised.



 Table 9 (continued)
 ELECTRIC POWER USE: MANUFACTURING AND MINING
                                                     |       |                                   Index, 1992=100
                                                     | 1992  |           Seasonally adjusted            |         Not seasonally adjusted
                                                     |Billion|  2001                        2002        |  2001                        2002       
 Item                                                |  KWH  | Sept.   Oct.   Nov.   Dec.   Jan.   Feb. | Sept.   Oct.   Nov.   Dec.   Jan.   Feb.
 --------------------------------------------------------------------------------------------------------------------------------------------------
                                                     |       |                                          |
 Chemicals and Products (cont.)                      |       |                                          |
     Synthetic materials   282                       |  29.1 |  95.8  100.1   97.9   95.6   96.8   98.8 |  97.5   99.9   98.4   93.7   94.5   96.8
        Plastics materials   2821                    |  18.2 | 124.7  125.2  126.6  123.1  126.1  126.7 | 125.7  125.8  126.9  123.2  122.9  124.7
     Drugs and medicines   283                       |   6.6 | 142.1  141.9  146.4  141.0  144.1  140.8 | 157.2  146.8  141.2  136.3  135.2  131.7
     Soap and toiletries   284                       |   3.0 | 120.6  122.6  126.0  128.0  127.7  126.0 | 133.8  127.9  120.2  122.0  121.9  121.4
     Industrial organic chemicals   286              |  39.2 | 109.3  113.5  119.1  117.6  114.1  116.1 | 117.0  117.4  116.8  115.3  113.2  113.8
     Agricultural chemicals   287                    |   9.7 |  97.0  102.4   97.4   95.8   96.7   96.3 |  95.8  102.2   96.8   94.8   97.3   93.3
                                                     |       |                                          |
  Petroleum products   29                            |  47.0 | 103.0  103.2  103.3  100.6  100.8  102.4 | 104.9  102.5  101.3  100.0  100.3   97.8
                                                     |       |                                          |
  Rubber and plastics products   30                  |  37.9 | 117.9  121.4  123.4  120.7  123.1  118.8 | 125.7  124.8  121.8  115.3  111.3  114.9
     Tires         301                               |   4.3 | 103.6  109.2  111.3  110.8  113.0  104.8 | 114.3  115.2  108.1  100.5  100.3  100.5
     Rubber products, nec   306                      |   3.2 | 107.5  108.8  110.9  112.6  109.9  110.9 | 114.0  112.4  111.5  108.8  100.6  108.7
     Plastics products, nec   308                    |  28.9 | 123.0  126.3  128.4  124.6  127.7  123.5 | 130.4  129.2  126.8  119.9  115.7  119.4
                                                     |       |                                          |
  Leather and products   31                          |   1.0 |  63.7   61.3   62.4   61.3   63.3   61.8 |  68.9   62.3   60.4   59.2   60.4   59.4
     Shoes   314                                     |    .3 |  57.5   55.1   55.2   56.1   60.8   55.9 |  65.6   56.2   52.9   52.5   56.5   52.8
                                                     |       |                                          |
  Stone, clay, & glass products   32                 |  33.7 | 109.3  109.6  110.2  108.0  108.0  109.2 | 114.3  114.2  110.1  107.3  103.2  101.7
     Flat glass   321                                |   1.5 | 107.8  106.9  105.1  107.5  108.9  108.5 | 109.2  106.7  106.1  108.3  104.2  105.3
     Pressed and blown glass   322                   |   7.3 | 106.6  105.5  107.6  107.6  109.7  108.4 | 107.7  106.4  108.2  107.2  105.9  106.4
     Cement   324                                    |   9.6 | 112.4  112.4  116.1  112.3  113.6  120.2 | 120.6  121.5  118.6  115.6  106.2  102.2
     Structural clay products   325                  |   1.4 | 109.3  108.8  107.7  107.3  108.7  112.7 | 113.6  110.3  107.8  106.0  103.7  106.5
     Concrete products   327                         |   4.7 | 137.7  138.5  135.0  132.0  131.0  132.4 | 143.0  141.3  134.9  131.7  126.6  125.1
                                                     |       |                                          |
  Primary metals   33                                | 150.8 |  80.7   78.7   79.8   78.4   77.8   78.0 |  81.0   80.1   79.1   76.7   76.7   76.7
     Basic steel and mill products   331             |  57.0 | 103.4  100.8  102.1   99.5   96.4   97.5 | 102.7  101.7  100.5   95.2   96.4   96.0
     Iron and steel foundries   332                  |   9.9 | 105.7  104.0  102.3   98.1   98.9   99.9 | 106.8  105.4  101.2   95.5   95.8   99.4
     Primary nonferrous metals   333                 |  66.2 |  48.6   46.6   48.3   49.0   49.0   49.3 |  48.3   47.3   47.8   49.1   48.7   47.3
        Aluminum   3334                              |  60.3 |  25.4   25.9   26.0   26.8   27.1   27.3 |  25.9   26.1   26.0   26.2   26.1   26.0
     Nonferrous foundries   336                      |   2.7 | 154.0  147.6  154.3  156.1  152.9  150.3 | 161.0  153.8  154.4  150.4  142.3  146.2
                                                     |       |                                          |
  Fabricated metal products   34                     |  31.6 | 117.0  117.8  118.7  119.5  118.0  117.4 | 122.5  120.5  117.8  114.4  111.7  115.0
     Metal containers   341                          |   2.9 | 100.0   98.1   95.6   92.6   93.0   91.4 | 101.6   96.6   92.5   90.7   90.4   88.9
     Hardware, tools, and cutlery   342              |   2.6 | 104.4  106.0  103.9  108.4  106.4  103.6 | 109.7  109.0  102.8  102.1   98.2  100.8
     Structural metal products   344                 |   5.5 | 137.0  136.0  135.8  134.6  131.6  131.0 | 142.9  138.0  134.3  129.9  128.2  130.4
     Fasteners   345                                 |   1.7 | 109.0  107.1  107.5  107.5  102.6  108.4 | 116.6  110.8  106.0  100.5   94.3  103.6
     Metal stampings   346                           |   6.7 | 128.1  123.9  132.6  136.0  137.3  136.4 | 133.2  129.1  134.3  129.6  125.9  134.4
                                                     |       |                                          |
  Industrial machinery                               |       |                                          |
     and equipment   35                              |  33.2 |  99.2   99.8  100.9  100.4  100.0   99.3 | 107.2  102.0   98.0   94.7   93.6   94.4
     Engines and turbines   351                      |   2.6 | 121.9  120.9  117.7  129.4  119.6  118.3 | 128.1  119.7  122.1  125.2  117.3  120.9
     Farm      352                                   |   2.0 |  68.9   67.4   65.5   64.0   64.0   65.5 |  70.4   65.7   62.4   61.2   63.3   66.4
     Construction and allied   353                   |   3.9 |  99.7  103.7  105.5  103.8  103.2  101.7 | 108.8  107.3  102.5   97.2   97.0   96.7
     Metalworking   354                              |   4.1 | 107.5  109.7  108.9  108.7  105.2  104.8 | 118.2  112.5  105.4  102.5   97.9   99.2
     Special industry   355                          |   2.4 | 104.4  101.7  104.2  102.0  105.9  103.0 | 113.6  103.7  100.8   96.6   99.4   97.8
     General industrial   356                        |   5.2 |  98.7  102.4  102.3  102.9  103.3  101.8 | 107.1  104.4  100.1   97.7   96.7   97.8
     Computer and office equip.   357                |   5.1 |  76.4   74.0   77.3   74.6   74.4   75.4 |  81.3   76.0   74.6   69.7   70.6   70.3
     Service industry machines   358                 |   3.4 |  98.9   98.7  103.0  101.3  101.8  100.6 | 105.6  100.2   98.1   94.0   89.9   92.4
                                                     |       |                                          |
  Electrical machinery   36                          |  33.0 | 100.9  100.4  101.8   99.0  100.2   98.5 | 108.5  103.3   99.2   95.8   94.6   93.7
     Electrical distribution   361                   |   1.3 |  90.0   94.1   98.0   93.9   98.3   97.3 |  99.2   96.6   97.5   93.6   95.6   96.0
     Electrical industrial   362                     |   3.9 |  76.4   76.8   79.2   76.8   77.5   77.6 |  80.8   77.2   77.8   74.4   75.1   73.7
     Household appliances   363                      |   2.4 |  91.8   88.3   90.4   90.0   90.1   88.4 |  94.6   89.1   85.6   82.3   83.2   84.2
     Lighting and wiring products   364              |   3.0 | 128.9  127.7  127.7  131.3  130.8  128.5 | 135.6  132.8  126.5  126.3  119.8  125.2
     TV and radio sets   365                         |    .8 | 114.8  117.9  120.2  119.6  118.6  114.7 | 120.0  120.8  115.2  114.2  112.8  108.4
     Communication equipment   366                   |   3.3 | 102.4   99.5  103.4   96.3  102.1   94.4 | 113.6  103.4   99.7   95.0   95.0   89.2
     Electronic components   367                     |  14.6 | 109.9  107.9  108.3  104.5  105.5  104.0 | 118.0  110.8  105.2  101.8  101.0   98.7
                                                     |       |                                          |
  Transportation equipment   37                      |  39.8 | 105.6  106.7  109.2  106.1  104.9  107.4 | 114.0  111.3  107.2  101.0   98.1  103.6
     Motor vehicles and parts   371                  |  22.8 | 117.5  119.3  124.7  120.8  120.6  125.5 | 126.0  124.1  123.3  114.9  112.5  122.0
     Aircraft and parts   372                        |  10.7 |  77.1   75.6   73.3   72.4   68.8   68.4 |  84.2   79.6   71.4   69.0   64.4   64.8
     Ships and boats   373                           |   2.2 |  92.7   91.8   95.2   90.1   88.4   88.5 |  94.5   90.0   93.9   90.7   91.1   89.2
                                                     |       |                                          |
  Instruments   38                                   |  13.6 |  96.4  100.9  100.2   99.1   98.5   98.8 | 104.7  103.4   96.0   94.4   93.0   90.9
     Photographic equip. & supplies   386            |   1.8 | 104.8  110.3  108.8  108.4  107.1  112.7 | 113.2  111.8  105.2  105.3  106.9  103.7
                                                     |       |                                          |
  Miscellaneous manufactures   39                    |   4.5 | 124.9  127.1  127.3  127.4  130.6  128.3 | 134.3  129.5  123.7  120.7  120.3  121.5
                                                     |       |                                          |
 SUPPLEMENTARY GROUPS                                |       |                                          |
                                                     |       |                                          |
  Total, excluding nuclear nondefense                | 908.9 |  96.6   97.5   98.0   96.1   96.0   96.2 | 100.8   99.6   96.8   93.7   92.5   92.4
  Utility sales to industry                          | 835.5 |  94.6   95.4   96.0   94.7   95.3   95.5 |  98.3   97.8   95.5   93.0   91.8   92.1
  Industrial generation                              |  97.7 | 100.5  100.1   98.7   93.2   93.1   96.1 |  98.7  102.8   97.9   95.7   96.9   92.0
 --------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for February are preliminary.  Estimates from December to January are revised.




 Explanatory Note


 The statistical release of Industrial Production and Capacity Utilization reports
 measures of output, capacity, and capacity utilization in manufacturing, mining, and
 the electric and gas utilities industries. The release also includes monthly indexes on
 the use of electric power in manufacturing and mining. Files containing data in the
 release and historical data are available under "Research and Data" at
 www.federalreserve.gov, the Board's World Wide Web site. For paid access to these
 files through the Department of Commerce's Economic Bulletin Board or World
 Wide Web site, please call STAT-USA at 1-800-STAT-USA or (202) 452-1986.
 Diskettes containing historical data and the data published in this release are
 available from the Board of Governors of the Federal Reserve System, Publications
 Services, (202) 452-3245.

 Industrial Production

 Coverage. The industrial production (IP) index measures output in the
 manufacturing, mining, and electric and gas utilities industries; the reference period
 for the index is 1992. For the period since 1997, the total IP index has been
 constructed from 276 individual series based on the 1987 Standard Industrial
 Classification (SIC). These individual series are classified in two ways: (1) market
 groups (shown in table 1), such as consumer goods, equipment, intermediate
 products, and materials; and (2) industry groups (shown in tables 2 and 6), such as
 two-digit SIC industries and major aggregates of these industries-for example,
 durable and nondurable manufacturing, mining, and utilities.

 Market groups. For purposes of analysis, the individual IP series are grouped into
 final products, intermediate products, and materials. Final products are assumed to be
 purchased by consumers, businesses, or government for final use. Intermediate
 products are expected to become inputs in nonindustrial sectors, such as
 construction, agriculture, and services. Materials are industrial output requiring
 further processing within the industrial sector. Total products comprise final and
 intermediate products; final products are divided into consumer goods and
 equipment.

 Timing. The first estimate of output for a month is published around the 15th of the
 following month. The estimate is preliminary (denoted by the superscript "p" in
 tables) and subject to revision in each of the subsequent three months as new source
 data become available. (Revised estimates are denoted by the superscript "r" in
 tables.) After the fourth month, indexes are not revised further until the time of an
 annual revision or a benchmark revision. The last three benchmark revisions were
 published in 1990, 1985, and 1976.

 Source data. In annual or benchmark revisions, the individual IP indexes are
 constructed from a variety of source data, such as the quinquennial Censuses of
 Manufactures and Mineral Industries and the Annual Survey of Manufactures,
 prepared by the Bureau of the Census; the Minerals Yearbook, prepared by the U.S.
 Geological Survey; and publications of the Department of Energy. On a monthly
 basis, the individual indexes of industrial production are constructed from two main
 types of source data: (1) output measured in physical units and (2) data on inputs to
 the production process, from which output is inferred. Data on physical products,
 such as tons of steel or barrels of oil, are obtained from private trade associations as
 well as from government agencies including those listed above; data of this type are
 used to estimate monthly IP where possible and appropriate. When suitable data on
 physical product are unavailable, estimates of output are based on either
 production-worker hours or electric power use by industry. Data on hours worked by
 production workers are collected in the monthly establishment survey conducted by
 the Bureau of Labor Statistics. The data on electric power use are described below.
 The factors used to convert inputs into estimates of production are based on historical
 relationships between the inputs and the comprehensive data used to benchmark the
 IP indexes; these factors also may be influenced by technological or cyclical
 developments. Especially for the first and second estimates for a given month, the
 available source data are limited and subject to revision.

 Weights. In the index, series that measure the output of an individual industry are
 weighted according to their proportion in the total value-added output of all
 industries. The industrial production index, which extends back to 1919, is built as a
 chain-type index since 1977. The components of IP are combined using annual
 estimates of value added per unit of output; for the data since 1992, the annual
 unit-value-added estimates are linearly interpolated to get monthly weights. The IP
 proportions shown in column 1 of tables 1A, 2A, and 6 are estimates of the industries'
 relative contributions to overall growth in the following year.  For example, a 1
 percent increase in durable goods manufacturing in 1997 would account for an
 increase in total IP of nearly 1/2 percent.

 Seasonal adjustment. Individual series are seasonally adjusted by the X-11 ARIMA
 method, developed at Statistics Canada. For series based on production-worker
 hours, the current seasonal factors were estimated with data through October 2000;
 for other series, the factors were estimated with data through at least June 2000.
 Series are preadjusted for the effects of holidays or the business cycle where
 appropriate.  For the data since 1977, all seasonally adjusted aggregate indexes are
 calculated by aggregating the seasonally adjusted indexes of the individual series.

 Reliability.  The average revision to the level of the total IP index, without regard to
 sign, between the first and the fourth estimates was 0.27 percent during the 1987-99
 period.  The average revision to the percent change in total IP, without regard to sign,
 from the first to the fourth estimates was 0.21 percentage point during the 1987-99
 period.  In most cases (about 83 percent), the direction of change in output indicated
 by the first estimate for a given month is the same as that shown by the fourth estimate.

 Rounding.  The published percent changes are calculated from unrounded indexes,
 and may not be the same as percent changes calculated from the rounded indexes
 shown in the release.

 Capacity Utilization

 Definition.  Capacity utilization is calculated for the manufacturing, mining, and
 electric and gas utilities industries. For a given industry, the utilization rate is equal to
 an output index divided by a capacity index. Output is measured by seasonally
 adjusted indexes of industrial production. The capacity indexes attempt to capture
 the concept of sustainable practical capacity, which is defined as the greatest level of
 output that a plant can maintain within the framework of a realistic work schedule,
 taking account of normal downtime, and assuming sufficient availability of inputs to
 operate the machinery and equipment in place. The 76 individual capacity indexes
 are based on a variety of data, including capacity data measured in physical units
 compiled by trade associations, surveys of utilization rates and investment, and
 estimates of growth of the capital input.

 Groups.  Estimates of capacity and utilization are available for a variety of groups,
 including primary and advanced processing industries within manufacturing,
 durable and nondurable manufacturing, total manufacturing, mining, utilities, and
 total industry. Component industries of the primary and advanced processing groups
 within manufacturing are listed in the note on tables 2 and 3 of the release.

 Weights.  Although each utilization rate is the result of dividing an IP series by a
 corresponding capacity index, aggregate utilization rates are equivalent to
 combinations of individual utilization rates aggregated with proportions that reflect
 current capacity levels of output valued in current-period value added per unit of
 actual output. The implied proportions of individual industry operating rates in the
 rate for total industry for the most recent year are shown in the first column of table 3.

 Perspective.  The historical highs and lows in capacity utilization shown in the tables
 above are specific to each series and did not all occur in the same month.  Industrial
 plants usually operate at capacity utilization rates that are well below 100 percent:
 none of the broad aggregates has ever reached 100 percent. For total industry and
 total manufacturing, utilization rates have exceeded 90 percent only in wartime.

 Electric Power

 Data on electric power (expressed in kilowatt hours) are collected by the Federal
 Reserve District Banks from electric utilities and also from manufacturing and
 mining establishments that generate electric power for their own use (cogenerators).
 The indexes of power use shown in table 9 are sums of kilowatt hours used by an
 industry or industry group expressed as a percentage of that industry's or group's
 usage in 1992.  The first column of the table shows, for reference, electric power use
 in billions of kilowatt hours as reported by manufacturing and mining industries in
 the 1992 censuses of those industries.  The supplementary group, "Total, less nuclear
 nondefense," is shown separately because the value-added proportion for the
 nondefense nuclear material series (part of SIC 2819) in total IP is considerably
 smaller than its share of total electric power use.  Excluding this component from total
 power use facilitates comparisons with total IP.

 References

 The annual revision published on December 5, 2000 was described more completely
 in the Federal Reserve Bulletin, vol. 87 (March 2001), pp. 132-148.

 A description of the aggregation methods for industrial production and capacity
 utilization is included in an article in the Federal Reserve Bulletin, vol. 83 (February
 1997), pp. 67-92.  Industrial Production-1986 Edition contains a more detailed
 description of the other methods used to compile the industrial production index, plus
 a history of its development, a glossary of terms, and a bibliography.  To obtain
 Industrial Production-1986 Edition ($9.00 per copy), write to Board of Governors
 of the Federal Reserve System, Publications Services, Washington, DC 20551.  The
 basic methodology used to estimate capacity and utilization was discussed in an
 article in the Federal Reserve Bulletin, vol. 86 (March 2000), pp. 188-205.  The
 major revisions to the IP indexes and capacity utilization since 1990 have been
 described in the Federal Reserve Bulletin (April 1990, June 1990, June 1993, March
 1994, January 1995, January 1996, February 1997, February 1998, January 1999,
 and March 2000).

 Release Schedule

 At 9:15 a.m. on:

 2002:  January 16, February 15, March 15, April 16, May 15, June 14, July 16, August 15, September 17, October 17, November 15, and December 17.