INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION:  SUMMARY
 Seasonally adjusted
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                               |                    1992=100                     |                  Percent change
                               | ----------------------------------------------- | -------------------------------------------------
                               |       2001        2002                          |   2001    2002                  |    Mar. '01 to 
 Industrial production         |       Dec.        Jan.        Feb.        Mar.  |   Dec.    Jan.    Feb.    Mar.  |      Mar. '02 
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                               |                                                 |                                 |
  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 
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                               |                                                                                   |    Capacity
                               |                                Percent of capacity                                |     growth
                               | --------------------------------------------------------------------------------- | ---------------
                               |     Average        1982     1988-89       2001  |   2001    2002                  |    Mar. '01 to 
 Capacity utilization          |  1967-2001          Low        High       Mar.  |   Dec.    Jan.    Feb.    Mar.  |      Mar. '02 
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                               |                                                 |                                 |
  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 
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 Note:  Estimates for March are preliminary.  Estimates from December to February are revised.