Industrial production index under George H. W. Bush

Real output of factories, mines, and utilities — the physical, goods-producing part of the economy.

Over 1989-01-20 to 1993-01-19, measured in Index 2017=100:

Term average

62.25 Index 2017=100

At the start

62.08 Index 2017=100

At the end

64.4 Index 2017=100

Change

+2.31 Index 2017=100

Low

60.33 Index 2017=100 (1991-03-01)

High

64.6 Index 2017=100 (1993-01-01)

Coverage

100% (48 observations)

Reading this series over a presidential term

Sharper peaks and deeper troughs than GDP: manufacturing leads and lags the cycle more violently than services do. Compare by percent change. A cold winter lifts the utilities component without anything else changing.

It excludes services and construction, which are most of the economy and most of the jobs. A falling share of output in these sectors is a long-running structural shift, not a verdict on any term.

These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that George H. W. Bush caused the number to move.

What Industrial production index measures · George H. W. Bush: the whole record · Chart it · Compare with another president · The source at FRED