Table 6
Diffusion Indexes of Industrial Production
Percent
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Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
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One Month Earlier
2001 39.3 38.3 41.0 45.8 34.6 37.3 41.4 44.1 43.7 40.0 39.7 49.5
2002 52.9 54.9 62.4 58.0 59.0 60.7 45.8 48.5 47.5 44.1 53.6 48.8
2003 48.8 48.8 38.3 36.3 51.5 52.5 57.6 46.8 55.3
Three Months Earlier
2001 35.3 30.2 32.9 39.3 33.2 39.0 31.2 38.3 39.7 40.7 36.9 40.7
2002 46.8 57.1 60.2 64.7 68.1 63.1 58.0 52.9 43.7 44.4 45.8 45.8
2003 47.5 45.1 42.0 33.6 36.3 45.4 55.6 55.6 59.3
Six Months Earlier
2001 30.8 30.2 27.8 29.2 29.5 32.2 33.6 32.5 36.3 30.5 33.6 36.3
2002 41.4 42.5 53.4 56.1 61.6 65.0 61.4 61.7 52.9 50.8 46.8 44.4
2003 40.7 40.0 40.3 33.6 34.9 39.3 43.1 43.1 53.6
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Note: The diffusion indexes are calculated as the percentage of series that increased over the indicated
span (one, three, or six months) plus one-half the percentage that were unchanged.