Board of Governors of the Federal Reserve System

102.4 104.3 103.4 101.3 99.5 Durable 5.91 94.9 96.7 97.2 91.4 90.5 88.0...99.8 99.1 90.3 95.6 91.9 87.6 87.3 Textile .46 69.2 67.4 67.8 69.1 66.7

94.4 93.6 94.8 92.8 93.5 92.8 93.7 92.1 92.4 Chemical 4.18 98.3 99.2 99.3...116.4 113.7 Natural gas 2212 1.28 105.4 107.5 101.2 103.3 102.3 99.8 99.1

4—Federal Reserve Banks SECTION 5—Stock Issues; Increase and Decrease ...4—National Advisory Council on International Monetary and Financial Problems

98.4 98.3 98.6 99.5 99.2 99.6 100.4 100.1 101.7 102.4 103.1 98.1 99.1 ...99.2 98.0 100.1 2002 98.5 98.5 99.2 99.2 99.9 100.9 100.5 100.8 100.9

99.0 99.6 99.6 99.2 100.0 Nondurable 23.04 101.4 100.9 101.0 102.1 102.3...99.3 99.1 99.5 100.5 100.1 99.8 100.8 101.5 102.1 Foods and tobacco 9.98

4.29 108.5 106.5 105.4 101.7 99.8 104.4 105.1 105.1 106.3 Primary energy...99.8 97.9 94.9 92.4 Motor vehicles and parts 3361-3 4.28 83.4 86.9 88.9

99.1 98.6 98.5 99.0 100.2 101.0 101.1 100.6 Non-energy 79.47 113.6 114.3...99.4 100.8 100.3 102.8 103.6 102.2 99.1 98.2 Motor vehicles 3361 2.41

99.0 100.2 99.5 99.5 100.8 101.1 101.1 Non-energy 79.47 114.9 114.9 115.6...99.5 100.1 101.6 101.6 102.3 100.3 99.2 99.5 98.6 Excluding motor vehicles

99.7 98.7 98.1 98.0 98.4 98.6 101.1 96.4 98.1 99.1 97.4 98.7 Electrical...171.4 172.4 Travel trailer and camper 336214 .12 99.8 99.9 108.6 121.9

time-to-plan lags: (1) plan times are long—about 1.5 years on average—and...99 percent are completed. Third, whether projects advance from planning