Table 7
 INDUSTRIAL PRODUCTION:  GROSS VALUE OF PRODUCTS
 Billions of 1992 dollars at annual rates, seasonally adjusted
                                      |        |        |   1997                            1998         |   1998                                         
 Item                                 | 1992   |   1997 |     Q1      Q2      Q3      Q4   Q1      Q2    |   Jan.    Feb.    Mar.    Apr.     May    June 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
                                      |        |        |                                                |
  Products, total                     | 2001.9 | 2384.3 | 2343.8  2361.5  2389.1  2431.2  2437.7  2452.2 | 2442.8  2427.7  2442.6  2457.2  2463.5  2435.8 
                                      |        |        |                                                |
     Final products                   | 1552.1 | 1863.3 | 1828.0  1840.7  1868.0  1902.1  1906.1  1918.2 | 1911.9  1895.0  1911.5  1924.8  1929.3  1900.7 
                                      |        |        |                                                |
        Consumer goods                | 1049.6 | 1201.0 | 1188.3  1190.7  1199.8  1218.6  1217.8  1220.3 | 1224.6  1209.6  1219.2  1227.4  1227.9  1205.6 
           Durable                    |  238.3 |  314.0 |  309.4   305.4   311.8   322.1   322.3   321.2 |  324.5   320.0   322.4   325.7   330.8   307.1 
              Automotive products     |  123.8 |  162.5 |  160.5   154.7   159.9   168.7   164.8   162.3 |  166.0   163.4   165.0   167.6   169.6   149.7 
              Other durable goods     |  114.4 |  151.8 |  149.1   151.1   152.2   153.5   157.9   159.4 |  158.8   157.0   157.8   158.4   161.5   158.5 
           Nondurable                 |  811.3 |  887.4 |  879.3   885.4   888.5   897.4   896.5   899.9 |  901.2   890.6   897.7   902.8   898.7   898.2 
                                      |        |        |                                                |
        Equipment, total              |  502.5 |  662.0 |  639.3   649.6   668.0   683.6   688.5   698.4 |  687.3   685.5   692.6   697.7   701.7   695.6 
           Business and defense       |  483.9 |  634.8 |  612.3   621.8   640.3   657.1   659.7   671.6 |  659.2   656.2   663.6   670.1   674.5   670.1 
              Business                |  399.2 |  570.8 |  547.9   557.4   576.8   593.9   595.6   607.9 |  595.0   591.8   599.9   606.7   610.9   606.2 
              Defense and space       |   84.7 |   64.1 |   64.5    64.5    63.7    63.5    64.4    64.0 |   64.5    64.6    64.0    63.7    64.0    64.2 
                                      |        |        |                                                |
     Intermediate products            |  449.9 |  521.7 |  516.1   521.1   521.9   530.1   532.4   534.9 |  532.0   533.3   532.1   533.6   535.4   535.6 
        Construction supplies         |  177.2 |  215.9 |  214.3   216.6   215.3   217.4   222.3   221.9 |  221.7   224.4   220.8   220.5   223.0   222.1 
        Business supplies             |  272.7 |  305.5 |  301.6   304.2   306.3   312.3   309.8   312.7 |  309.9   308.5   310.9   312.7   312.0   313.2 
           Commercial energy products |   70.4 |   81.5 |   80.3    81.9    82.2    84.2    81.4    83.9 |   81.4    79.8    83.0    83.7    83.4    84.7 
 ---------------------------------------------------------------------------------------------------------------------------------------------------------
 Note:  Estimates for June are preliminary.  Estimates from March to May are revised.