g123_19520929.pdf

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BOARD OF GO'UPORS OF THE FEDERAL RESERVE S Y m E L ' J ,j For release in afternoon papers, Tuesday, September 30# 1952 G.12.) September 29,"1^52 BUSINESS INDEXES 1935-39 average « 100 for industrial production and freight carloadingst I9h7-h9 average * 100 for all other series Seasonally adjusted 1 Unadjusted 1952 1 1951 1 195^ U951 Aug, 1 July 1 Aug. 1 Aug. | July (Aug. Industrial production* 1 I Total P215 193 217 1 p2l8 195 220 Manufactures 1 Total p225 202 226 1 p228 £04 229 Durable p268 231 267 1 p270 232 269 Nondurable plSO 179 193 1 pl9fi 181 197 Minerals P159 142 165 1 pl64 144 170 Major consumer durables ! Total P 87 71 101 1 P 85 62 1C0 Passenger cars p 68 u7 112 | P 69 47 113 Household goods P107 97 89 1 P103 79 85 Construction contracts, value 1 Total 176 177 156 ! 184 19U 163 Residential 198 196 176 1 197 199 175 All other 161 165 1W | 175 191 155 Employment and payrolls , pl0?.4 1 Nonagricultural employment,tote1 pl0?.4 106.1 107.01 P107.8 105.8 107.3 Manufacturing production workers 1 104.81 Employment, t o t a l \pl02.7 99.6 1 104.81 P103.5 97.9 105.7 Durable pi06.3 100.7 109.5! P105.7 98.9 108.8 Nondurable P 99.5 98.3 99.1*1 pioo.9 96.7 101.9 T&yrolls, total 1 \ [ @130.6 121.7 iaB.4 Freight carloadings 125 102 133 j 129 104 137 Department store sales, value pllJU 105 109 1 P 98 84 93 Department store stocks, value n.a. 120 134 1 n.a. 110 128 ^ - U J U U V U M , * w * uwy voiiivy 1 ; UU \tlXX I XHUU a V* j.tXX pi UUUUUi,UU| 223; durable manufactures, 28}; nondurable manufactures, 192; minerals, l6Q. Construction contract indexes based on )-month moving averages, centered at second month, of F, W. Dodge data for 37 Eastern States. The unadjusted indexes of employment and payrolls are compiled by or based on data of the Bureau of Labor S t a t i s t i c s . NOTE: Tentative new production indexes for the remaining manufacturing and mining industries are now available, completing the postwar annual phase of the revision program announced in the Federal Reserve Bulletin for May 1952, m * 502. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of g123_19520929.pdf

  • BOARD OF GO'UPORS OF THE FEDERAL RESERVE SYmE L ' J , j

    For release in afternoon papers, Tuesday, September 30# 1952

    G.12.) September 29,"1^52

    BUSINESS INDEXES

    1935-39 average 100 for industrial production and freight carloadingst I9h7-h9 average * 100 for a l l other series

    Seasonally adjusted 1 Unadjusted 1952 1 1951 1 195^ U951

    Aug, 1 July 1 Aug. 1 Aug. | July (Aug.

    Industrial production* 1 I

    Total P215 193 217 1 p2l8 195 220 Manufactures 1

    Total p225 202 226 1 p228 04 229 Durable p268 231 267 1 p270 232 269 Nondurable plSO 179 193 1 pl9fi 181 197

    Minerals P159 142 165 1 pl64 144 170 Major consumer durables !

    Total P 87 71 101 1 P 85 62 1C0 Passenger cars p 68 u7 112 | P 69 47 113 Household goods P107 97 89 1 P103 79 85

    Construction contracts, value 1 Total 176 177 156 ! 184 19U 163 Residential 198 196 176 1 197 199 175 All other 161 165 1W | 175 191 155

    Employment and payrolls , pl0?.4

    1 Nonagricultural employment,tote1 pl0?.4 106.1 107.01 P107.8 105.8 107.3 Manufacturing production workers 1

    104.81 Employment, total \p l02 .7 99.6 1

    104.81 P103.5 97.9 105.7 Durable pi06.3 100.7 109.5! P105.7 98.9 108.8 Nondurable P 99.5 98.3 99.1*1 pioo.9 96.7 101.9 T&yrolls, tota l

    1 \ [ @130.6 121.7 iaB.4

    Freight carloadings 125 102 133 j 129 104 137

    Department store sa les , value pllJU 105 109 1 P 98 84 93 Department store stocks, value n.a . 120 134 1 n.a . 110 128

    ^ - U J U U V U M , * w * u w y v o i i i v y 1 ; UU \tlXX I X H U U a V* j.tXX p i U U U U U i , U U |

    223; durable manufactures, 28}; nondurable manufactures, 192; minerals, l6Q. Construction contract indexes based on )-month moving averages, centered

    at second month, of F, W. Dodge data for 37 Eastern States . The unadjusted indexes of employment and payrolls are compiled by or based

    on data of the Bureau of Labor S ta t i s t i c s . NOTE: Tentative new production indexes for the remaining manufacturing and mining

    industries are now available, completing the postwar annual phase of the revision program announced in the Federal Reserve Bulletin for May 1952, m * 502.

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

  • INDUSTRIAL PRODUCTIOH (1935-39 average - 100)

    4 I Seasonally ad jus bed Unadjusted 1 1951 1952 1 195!"

    Aug. 1 July 1 Aug. Aug. 1 July I Aug. mmpAcrnRES

    Iron and s t e e l 2l|D ii+i 254 24o i4 i 254 Fig iron 221 38 230 221 38 230 Steal 283 83 291 283 83 291 : Open hearth 202 36 208 202 36 208

    Elec t r i c 860 4l8 681 860 413 881 Machinery P338 331 328 P338 331 328 Transportation equipment P306 288 305 P306 288 305

    Automobiles ( inc l . par ts) pl84 164 223 pi84 164 223 Eonferrous metals and products p2l2 202 197 p212 201 197

    Smelting and re f in ing p250 242 213 p250 241 213 Fabricat ing P196 185 191 pl96 185 191

    Lumber and products p!54 lUl 146 pl66 150 158 Lumber pl43 128 137 pl62 143 154 Furniture pl75 164 165 pl75 164 165

    Stone, olay and glass products P219 2l4 228 p228 216 238 Cement n.a. 215 222 n.a . 236 251 Clay products pl6l 158 176 pl6? 160 162

    Textiles and products pl69 147 170 pl69 147 170 Cotton consumption 143 111 145 143 111 145 Rayon del iver ies 369 3^3 360 369 343 360

    Leather and products n.a. 91 99 n.a . 90 96 Tanning n.a . 81 81 n .a . 77 80 Shoes 1 n.a . 98 110 . n .a . 96 110

    Manufactured food products P l63 163 166 pl85 174 169 Yheat f lour pl08 109 108 plo6 108 107 Meatpacking pl62 147 162 pl4l 137 139 Other manufactured foods pl70 172 174 P194 179 200

    Processed f r u i t s & vegetables pl26 140 139 P239 182 263 >per and products P187 160 196 pl87 159 196

    taporboard 222 182 224 222 182 224 r in t i ng and publishing pl66 157 174 P158 145 166 Newsprint consumption 162 164 164 146 l 4 l 147

    Petroleum and coal products p277 257 265 p277 257 265 Gasoline p228 225 213 p228 225 213 Fuel o i l p2?U . 231 209 p234 231 209 Coke n .a . n .a . 187 n .a . n .a . 167

    Chemicals p297 298 306 P294 294 303 Faints P159 158 165 P157 156 163 Rayon P355 325 393 P355 325 393 Indust r ia l chemicals P548 564 557 P548 564 557

    Rubber products p2Lo 227 243 p240 227 243

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

  • INDUSTRIAL PROMOTION (1935-39 average 100)

    seasonally adjusted Unadjusted 1952 1 1951 195% ! i9>l

    Aug. I July 1 Aug. Aug, 1 July 1 Aug.

    MINERALS

    Fuels pl62 155 171 pl62 155 171 Coal 93 81* 123 93 eu 123

    Bituminous coal 102 91 134 102 91 13U Anthracite 61 57 77 61 57 77

    Crude petroleum Pl96 190 19k P196 190 194 Metals pUi2 65 134 P175 82 167

    Iron ore n.a, 70 lt03

    FREIGHT CARLOAniNGS (1935-39 average 100)

    Coal 1

    I 101 75 P

    122 | 101 75 122 Coke 1 160 57 215 1 154 56 206 Grain 1 134 153 l40 1 145 183 151 Li vestoolc 1 65 56 67 1 61 45 64 Forest products 1 Ui9 l46 148 1 157 147 155 Ore I 216 46 209 1 323 73 313 Miscellaneous 1 140 115 144 1 l 4 i 116 145 Merchandise, l . o . l . , * > 3 UT | 46 43 47

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

  • out HIT OF HOUSEHOLD GOODS 19L7-U9 = 100

    1 Seasonally adjusted I Unadjusted 1 195% 195! 1 1952 1 m-|Aug# |July| June July I Aug.|July!June! July

    TOTAL 1 Ipl07 97 101 88 Ipl03 79 95 lh

    Carpets 1 1 n . a . J

    61 a h7 ! n .a . 37 m 29

    Furniture Ipl09 110 108 102 !pl08 102 103 9U

    Major appliances > 9 5 7U 89 78 jp 85 6h 87 70 Cooking s toves , t o t a l ip 75 51 69 68 Ip 70 Ui 68 57

    Electr ic , tota l 1 ! 60 26 70 79 Standard ! 1 60 26 75 83 Apartment ! ! 6h 33 16 33

    Nonelectr ic , t o t a l 1 1 n.a. 50 66 tii. Gas, total i 1 n .a . 59 79 U9

    Standard 1 ! n.a. 57 77 Apartment 1 ! n.a . 75 93 71

    Bungalow and combination ! 1 n.a . 2h 37 38 All other 1

    1 t n .a . 21 21 22

    Driers 1 1 n .a . 722 576 589 1 n .a . U70 u6l 38?

    Freezers 1 158 138 136 131 1 173 173 190 165 Ironers 1 n .a .

    1 50 59 39 1 n .a . 59 U7 30

    Ref r ige ra to r s , t o t a l 1 75 U9 66 73 1 59 Up 69 68 5 .a cubic f ee t or less 1 t 8 7 20 59 5.5-6.L cubic f e e t 1 1 33 8 16 3b 6.5-7M cubic f e e t | 21 20 30 20 7.5^9.it cubic fee t 1 1 56 66 72 96 8 .5 cubic fee t or over 1 1 120 79 ii*6 112

    \%cnum cleaners 1 9h 78 85 70 1 81 65 75 58 7/ashing machines, t o t a l 1 n.a. 10U 111 ?h i n .a . 82 136 S'j

    r inger and spinner 1 1 n.e.. 35 66 *2? Automatic and semiautomatic 1 n .a . 160 175 11:

    Radios and te lev is ion 1 lUl 135 136 98 1 lu3 60 120 62 Radios, t o t a l 1 3? bo h6 & 1 32 26 uk 36

    Small 1 h9 Ll 58 59 Automobile 1 ' 33 35 71 97 Consoles and combinations 1 I 30 21 20 > AM-FM console combinations I I 7 1 19 li

    Televis ion, t o t a l ! 366 331 322 199 ! 370 191 275 l lu Table ! 1 27h 163 216 36 Consoles 1 1 63k 300 201 Combinations 1 j 155 72 W 36

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