
Aircraft, commercial shipping watercraft, and rail equipment usually already have a buyer before fabrication starts. Buyers of high-cost transportation equipment generally base the amount of their order on the level of expected demand for transportation services.
| Industrial Production Index (1992=100) | Nov-01 | Dec-01 |
|---|---|---|
| Ships and boats | 103.16 | 104.94 |
| Percent change from previous month | 0.58 | 1.73 |
| Railroad and other transportation equipment | 88.20 | 89.72 |
| Percent change from previous month | -1.37 | 1.72 |
| Aircraft and parts | 90.35 | 85.41 |
| Percent change from previous month | -4.09 | -5.47 |
NOTES: These numbers represent the following Standard Industrial Classification groupings: Aircraft and parts (372), Ships and boats (373), and Rail and other transportation equipment (374-6,9). The numbers for automotive industries (371) are on the page entitled Industry Production Indices for Automotive Transportation Equipment.
Data from September to December 2001 are preliminary.
SOURCE: Federal Reserve, "Industrial Production and Capacity Utilization" Statistical Release; Feb. 15, 2002; available at: http://www.federalreserve.gov/releases/g17/download.htm.