Table 9
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
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 54.3 57.2 62.3
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 44.7 56.5 59.1
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 39.9 43.8 54.3
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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.