BCAHD OF : GOVERNORS OF. THE FEDERAL .RESERVE STSTEM"

For icmediate r e l e a s e , Monday, July 15» 1957

0.12.3

' BUSINESS INDEXES I947-I49 average * 100

J u l y 15, 1*57

Se ascna l ly adJus ted Unadjusted 1957 1 1956 1957 1 9 5 ^

pjune i May T Apr. 1 June pJune 1 toy ( Anr. Juner

. ' Indus t r ia l product ion, tc t®l . 1^3 143 143 141 144 143 144 v M

• Manufactures ' li*5 145 . H 5 142 145 . 144 146 '. 142 Luiafcle 160 1 yj • 160 157 160 •159 lb3

" " iiCLi^rabie ' • • • . • l jO 13,0 129 128 130 129 128' 129 . Mr.cra ls • 131 131 130 129 133 133 ' 13C 131'

• ' . ' ' Ccr.sucer durable good's, t o t a l 128 124 124 123 130 124 • 130 12* ' . ' Ka^or chiBu&e.r durables • 13 r 132 131 . 126 140- " 131 140 130 V ; * Autos • 144 139 l 4 l 120 •156 144. 127

.C*her.consumer durables - % .

108 ICS 108 110 108 106 107 1 0 ) . '

Vt.lIf ty cu tpu t , total- • e229 P227 p227 220 * # • • • . 2 + € : t r i c l t y • ' '• e2j0 p226 228 220 - * • • mm

V > » > \ • n . a . p224 P223 224 - * • • • m. • • •

Ctr.s . ruc t ioo con t r ac t s , value 1 n • a • n. a . n . a . 256 n . a . n . a . n . a . ' 298 ... Res ident ia l | n . a . n . a . n . a . 2C9 n . a . n . a . n . a , .. £97 '•

* AU cthfcr" n . a . n . a . 267 248 n . a . n , a . •323 ' 2 >9

JTcfjagrl-altural ecp . , • t o t a l ' 120.3 120.3 120.2 118.9 120.5 119.8 119.U 1 U . 2 ••'-anyfauturiE^- ( t r c d - workers) ' • Employment, t o t a l ' 105 .1 105.7 105.) 106.5 104.6 104.2 104.3 IO6.O • ' Larable . •• 113.4 114.0 114 .4 114.3 113. 5 113.7 114.4 114.4

/Nondurable . *5.4 95-9 95-d 97.5 94. 1 93.0. 93-5 96.1 . f a y r c ' l l s . -

.« . . - • e l 6 3 - l 160.9 161.5 156.5

f r e i g h t rarlo&dir.gs 90 90 91 95 94 92 88. ' n

t e p a r t c e n t s to re s a l e s , value el27 P125 122 124 el22 P123 122; ••n<>"' 'department- s tore, s tocks ,va lue pl4o 141 137 pl44 !47 . 131'•

v. o vu j-u- via uii iuv vjlu(5 avcragca, . .second month, of F. W. Dcdge data for 37 Eastern S t a t e s . Employment . Indexes are cccpi led by the Bureau of Labor S t a t i s t i c s .

centered a t . and p a y r o l l s .

^ • E s t i m a t e d p--Prel iminary n . a . - - N r t ava i l ab le

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

2. irTTUSTUAL FRCLUCTIOI:

average = ICC;

.. • S e a s o n a l l y a - v - inter1. Ur.ai.ji . i : e i _ A u L 1 ...2. .a:

pJwie | y 1 Arr. Ju:.e ; Xav !

LURAtLE MAIJUFACTURE3: i j ' - 1 1

Primary meta la . ! 1 3 0 13? 1 5 > ISC' ' i il>+ 13<j i i o . Mvtal f a b r i c a t i n g ; 176 i v 5 1 7 6 - 1 Cd • l ' '? r > 161. - f n b r * : a t e d &eta l products ! i - o 136 . 1^0' 132- !' 1 - 3 1 / i<>. l ik:

\ - Mr.ctr nery i 170 166 166 170 1 V'7 i c b • 16} • \ : 6 ? n o n e l e c t r i c a l 151 152 151. 151 • I >L-2 1 3 ' . •15T • i > 2 E l e c t r i c a l 208 199 156 2 0 c - | | l : -6 ' • l y V

. T r a n s p o r t a t i o n equipment. | 211 212 '217 IcS 1 .211 213 2 : 2 V . Autos , t r u c k s , and p a r t s 3 2L 12^ 126 • 110 1 ! 125 12 V . \ 35 ' •' m

Other t r a n s p o r t a t i o n equ ip . 3^5 3^6 356 306 • : 3-J. • •3^7 " i -V • Jrst/umcrite. 172 171 1 - 2 163 1 ! '1.72 ' • 171-.. 1 .'i» ; 1'Cvi

C l a y , a r i ( j lumber*'products 135 135 133 . i - i . i ! 13d- 3 ' f " - n > • S t o ^ e . c l a y , and g l a s s products 155 1 5 7 155 • 161 1 JL57 * . 1 y r . :.15> -•

. t u r n e r frnd products 116 115 113 " . 1 2 ; | 121" . l i e 1 1 ' . . 1 2 / . Furn i ture And m i s c e l l a n e o u s 13 3 132 132 ' 135 j.30 . 1 2 - ; • 1 2 > - ' 132

Furn i ture &nd f i x t u r e s ' 122 121 121 122 ; •: l - / - A'-? • ' i l f : • 11? Ki fce l la^ewUs manufactures l 4 l ' 139' 139 ' ^ ;

13"' - 1 3 ^ -

/ 30KDURABLC IW.'LTACTURES: .

Text i les ar.d npparel Texti le mil l products

\ ' Appnrel 'snd a l l i ed products ' ;• Rubber and leather .products

'••. Rubber products Leather and products

'* .P&per .and pr in t ing faper' and a l l i ed products frvtvting and publishing

" * Jievsprir.t consumption V . . -Job pr in t ing and per iodica ls

Chemicals and petroleum products . Chemicals and a l l i e d products

' Indus t r ia l chemicals • Petroleum and coal products

-. • Leverages, and tobacco Food and beverage mfrs . • Food manufactures '

•. • • f e ve race's : ; Tolacto manufactures

" MN£T;ALSi\ Mineral - f u e l s

:oal 'CrudA r j i and natural gas

. ' * Crude o i l Natural gas and gas l iquids '

• y st-cr.e, .and earth minerals . ^ - • r . ^. .YT.ir.̂ ry

105 105 10k 106 "102 '101 •. ; r . a . vti •loo ; n . a . : : o d ) '

n .a. 113 • Ivy 112" : n .a . i*i • no- : •

117 116 118 n o ; . ' l i e ; . 11-' m n i :

n .a . 129 131 120 ! ' n .a . : H2 1 . " n .a . 104 ic6- . 101 1 n.a ix-. 10v . .

I V !'•> I'M ' 1*5 " l-> 1 j . 1;0 • .1-7-. j n . a . 159 156 161 ; . a . • i% - • • l ' i • l e v .

142 1^2 1-1 135 , l H . '1-3 i-:-; ••1 . n . a . 132 123 131 : n .a . .1-0 • :3 ,7 n . a . 1-7' 1^7 137 ' n. 3. • ' 1~- •l-o .. 1.". . 1-3 173 172 166 ' 171 I 'l . n . a . IS 5 133 • 1"5 ' n a. 1 ••• . • 15- .r> • n . a . 205 203 101 ; n ..a. ••20? ' 2 0.5 136 1^1 1*2 i-'O ' 1A0 y e 137 • v a . 110 110 110 110- 1 113 107. . n - = n . a . 110 110 111 ' n . a . 104 u - . . n . a . 111 111 111 j *n. a. 10K. . 102 . • H o : . . n . a . n . a . ICo 10-3 . n . a : n . a . l l j ' • 125 . n . a . n . a . ICy Ip6 i

l n . a . •r.. a . , , l v - r i 5 •

132 132 130 • i

129 i 131 . 131. • ;i32 •. . •

. 12- ; • -yj b- ee :) L •,

• -> j "3 • , • * -i- / 152 iy> 1V> : . i - i • 1 > - • 15- 1u r* n . a . pik2 139 1 :6 / n .a . , '1-3 • - * • > i.<-r.. a . n . a . p 1 -0 1/2 ' n . a . r, . a . r*l ' + v ; - r 125 12" 12- ' 1̂ "' • 1-2 • i?;<-

.. - - jot .aval-! ir i '4 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

. ' 3 *

INDUSTRIAL PROI-UCTION (19U7-U9 average * 100)

Without seasonal adjustment 1957 1956

May 1 Apr. 1 Mar. May Apr.

i r l taary metals . fer rous tnetalg 134 138 144 143 ' 149

. ' Fig .iron l 4 l 144 147 140 145 .• . •" S tee l l4;> 147 154 154' * 159.

Carbon s t ee l l 4 l 146 152 149* . 155 Alloy s t ee l IU9 151 163 182 181

Castings and forgings n -a . 115 122 120 ' 129 . Tlonferrous metals l 4 l 145 142 : 147- ; 160

"fabricated metal products 133 Structura l metal pa r t s 149 148 149 133 140 "•

. * Stampings1 and misc. metal products 124 126 129 ' 121 1 2 5 ; Nonelectr ical machinery

ea ' -:" Farm machinery 86 90 92 ea ' -:" n Indus t r i a l and commercial machinery 153 161 163 155' . 156 ..

Machine too l s and presses 193 198 202 .197 • 197 V E l e c t r i c a l machinery . E lec t r i ca l apparatus and pa r t s 200 204 208 •• 20(j" . 202". t r anspor t a t ion equipment

144 162 ' . ' .Autos 144 155 171 • 12? . 162 ' • Trucks • 113 120 109 117. • • 133

Aircraf t and-parts 607 630 633 • 520. ' V 516-Railroad cars 81 86 . 96 . 6 1 . • • (Q .•

Stone, clay, arid glass products ' : Glass and pot tery products 141 141 145 142' •• ; ' '

"Cement n . a . 145 . 133 • 174 . Lumber and products . . • ••:

Lumber *• 99 100 100 I l l •Hi • , • Mi 11work and plywood IS16 191 170 187 '••• 199 •' Text i l e mil l products

; • Cotton and synthetic f ab r i c s 106 103 111 , 109 ' ' '11-2 . * Cotton-consumption 99 95 102 • • 105- ' 107 * •" •• 'Synthetic fabr ics 111 117 123 108. 119'

Wool t e x t i l e s 80 78 . 79 . • 90' . «9. .Knit goods. 102 102 109 106 • . 110 ' .

"Apparel and a l l i e d products 1 • ' •..Men's duterwear 110 99 113 " 121 U 9 : ; Women1u outerwear 1X5 119 148 ' 104 i i?-

Misc. apparel* e t c . ' . • . •

110 111 118 * • 104 • • rod

n.&.rrNqt avai lable

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

INDUSTRIAL PRODUCnON (19U7-^9 average • 100)

Without seasonal adjust oenT

May T95T Apr. | Mar.

1%6'~ " lay t Apr."

Rubber products Tires and t-bes-

l ea the r and products Leather •

Paper and a l l i e d products • T«ood pulp

Feper and board Paperboard

Pr in t ing and publishing Newsprint consumption Job pr in t ing and per iodicals

Chemicals and a l l i ed products Indus t r i a l chemicals • Synthetic f i b e r s Paints

Petroleum and coal products Petroleum re f in ing

Gasoline Fuel o i l

Coke Pood and beverage manufactures.

Pood manufactures • Keat products "• Dairy products '.Canned and frozen foods

• . • Grain mil l products Bakery products

Beverages Alcoholic beverages

Beer and a l e

Coal Bituminous coal

Crude o i l and natura l gas Crude o i l

BZital mining Iron ore .

Stone and ear th minerals

125

rua.

n. a. n. a. n. a.

11*0 11*1*

205 195 122

11*8 158 11*6 rua.

10U 12U U*0

90 96 99

n.» • rua. n. a.

3'1

l'»3 135 n .a . 11*1*

121

99

182 150 155

137 11*6

205 201 122

11*5 1& 11*3 107

102 123 122

89 95 98

110 102 108

90

1L 5 111

87 137

13U

95

181 150 158

137 11*7

206 196' 1?0

11*9 156 151 111

Id* 131 109 82 99 96

110 105 lot*

. 96

11*8 95

. L 8 133

( ' f 12$

f 95 t ! 18? « 152

162

} HiO •

I 135 ! 19? r 176 | 121* }. 1LU • 155 » 139 ' ' 109

121. 136

I. 96 f ' 99 ? 97 ' 119 I 108 [ 11?.

! 91 f ! 135 I . 11*0 ' 16U

11*2

131

*

18U 19* 151

11*1 -.135 •

?co 1 5 ) 12k

. 11*8 .'•159, • 11*0

119

; 101 . 131

' l l l , ' 9 ? .

• 95 1 11?

' 111-: i l l

.91

137. i 2 l i c* 13$

Itote#••Groups and subgroups include individual se r i e s not published separately#

lk#«—!ot avai lable

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

OUTPUT OF CO'ISUjJER DURABLE GOODS (19U7-U? average » 100)

Seasonally adjusted 19^7"

~ay | Apr. [ iter. ~19%& May

• Unadjusted .19 57 | 195^

May | Apr. ! -Mar; | ':ay_

!' A. J 0^' POU c - LD GOODS

f 'urr.iture and-.floor coverings Fufrdture" Floor coverings %/

Appliances and h e ' t e r s . o r appliances • . e Rangers •

, * 'Ref r igera t ion appliances L'.undry appliances

•\ 'featin';; apparatus Pacic and t - l - v i s i o n se ts

.:.adit> se vS Television se t s

OTHER C0"^U'1,R D^^BLE GOODS:

to par t s and t i r e s Z'isc# home and 'personal ^oods

! 126 1?U 132

112 118

n. a. 12U

36' 136 15? n. a. 186

67 Ui3

103 112

l i l t 120

119 121

88 1:16 133 110 167

75 3L3

10k 112

113 118

133 1U0 100 151 177 111 165

60 388

112 110

l l i l

117 120-

137 1U3 106 1U7 185 118 226 67

531

122 128 lit 3. 1)6

108 113 US' 11? l i l t - 117 ' 119. .115'

n. a, 131 133 . 1U0

82 92 163 "173 1UU liiO

• 1H1 1(6' 11U

"188

Hi.). 1*3? 10?. 171

l ' > 5 ' % 7 6 n. a. 153

67 313

$ . 72 326

1CU 196 • ;r<u

h i 161$

; f ? U l . .iCj>

10L ! 103 116 '• 108

t o t • .107 111 VJi

Kh 113

i r Publication suspended pending revis ion of data back to 1952* .

- . O'JTPUT OF MAJOR HOUSEHOLD GOODS „ . • ' • . (19U7-h9 average » ICO)

Without seasonal ad ju s tneh f • .

1)57 ' 1956 • . 1 May I Apr. | Mar. r , " a y „ lir.! Apr. i

Yoven carpets . . ! 68 85 91 80 Gas Tanres . • [ 81 82 91 !• 8J 63 . E lec t r i c ranges 8U 109 151 1 135 •160 .;. Ref r igera tors ' 93 98 116 10? 120 .. f r e e z e r s / 129 155 193 163 19? :

ashing Machines 135 136 168 ,15li. • • 196 '• b r i e r s . a rd i roners • 1 229 ?65 • U 33 • 365 • h l J Vacuum "cleaners • 1 78 100 116 . n o - 131 Furnaces i n. a . 9h 96 1 ' 104 102 • *\aJbcr' heaters ' 1 128 130 127 ' ' 13? . " • Hi? ; V :#uto radios ' 1U1 135 170 . 1 100 . i c6 • Household radios ' I L6 5U 60 58' s i • Tablr r r c e l TV ! 337 391 hS9 1 552 • *23...; t^iX'ole modi>l TV 301 267 368 1 ' 279 363 '

Tlate«®-For descr ipt ion and back f igures see Federal Reserve Bul le t in for"May 1-^4 . "• pp# L3B4i5?, r ep r in t avai lable on request . Back f i gu re s , not in Bullet in* •

" on individual indexes fo r major household goods, without seasonal ad jus t* . • • / . fnent* also avai lable on request to Division of Research and S t a t i s t i c s # .

n. a.~!!ot* avai lable Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis