Full text of G.12.3 Industrial Production : April 21, 1942

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

RS

^ -W FILES 3 : 5 ^ 7

R&5' BP:- Ht
April .21, 1942

Fir release in afternoon papers
Wednesday, April 22, 1942
BUSINESS IiJIEJCES

1935-39 average * 100 for industrial production and freight-car loadings;
1923-25 average » 100 for all other series
Adjusted for
seasonal variation
1942
1941
Mar. 1 Feb.
Mar.
Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction contracts. value
Total
Residential
All other
Factory employment
. Total
Durable goods
Nondurable goods
Factory payrolls
Total
Durable goods
Nondurable goods
Freight-oar loadings
Department store sales. value
Department store stocks, value

Without
seasonal adjustment
1942
1941
Mar. 1 Feb#
26ir#

pl72

172

147

plS3

166

144

pl80
p228
pl40
pi 27

179
225
142
129

151
180
128
125

0177
p225
pi 38
pllB

174
219
136
125

149
178
126
rl!6

pl36
pl05
plS9

128
100
151

94
74
109

pi 35
pi 10
pl5S

111
89
129

94
76
107

134.9
146.6
123.5

119.4
123.0
115.9

133.6
145 #1
122.7

119.9
123.7
116.3

178# 2
.210,7
141.8

151.2
144.6
116.3

»
*

s

*
*

m

•#
# #

••

• *

135

cl39

125

129

cl29

rl21

pl22

126

103

pll6

99

93

*

pl03

74

p98

75

*'

p*^preliminary or estimated.
e —corrected,
r—revised.
* Data not yet available*
Rote:—Production, carloadings, and department store sales indexes based on daily
averages# To convert durable ss&nufuctures, nondurable manufactures, and minerals
indexes to points in total index, shown in Federal Reserve Chart Book, multiply
durable by #379, nondurable by #469, and minerals by #152#
Construction contract indexes based on 3-month moving averages, centered at
second month, of F# W# Dodge data for 37 Eastern States# To convert indexes to
value figures, shown in the Federal Reserve Chart Book, multiply total by £410*269,000, residential by $184,137,000, and all other by #226,132,000#
Employment index,without seasonal adjustment, and payrolls index compiled
by Bureau of Labor Statistics#



I
j

INDUSTRIAL PRODUCTIOK
(1935-39 average - 100)
Adjusted f m
. seasonal variation 1941
1942
• l^ir» - - |~
• - Mar.
MANUFACTURES
Iron and steel
Pig iron
Steel
Open hearth and Bessemer
* Electric
Machinery
Transportation equipment
Bonferrous metals and products
Copper smelting
Zinc smelting
Copper deliveries
Zinc shipments
Lumber and products
Lumber
Furniture
Stone, clay, and glass products
Cement
Polished plate glass
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Leather products
Tanning
Cattle hide leathers
Calf and kip leathers
Goat and kid leathers
Shoes
Manufactured food products
Wheat flour
Meatpacking
Other manufactured foods
Paper and products
Paperboard
Newsprint production
Printing and publishing
newsprint consumption

p—Preliminary or estimated.. -




198
194
216
180
; 473
p264
p323
pl85
pl47
184
p208
148
pl34
pl27
pl47
pl67
188
41
pl52
169
pi 75

»

pll9
•

*
•

*

*
* -

pllS
pi 40
plOl
pl46
pl42
'

*

162
106
p!26

10?

193
rl89
210
176
444
255
308
191
141
189
224
151
144
143
146
188
236
49
157
174
174
155
120
.
126
138
93
119
117
141
110
141
144
149
163
110
125
103

184
178
rl92
" 177
rSOO
" 185
207
179
136
163
219
146
128
125
132
150
156
135
146
165
150
152
rllS
113 ' .
rlZO
112
r97
rll7
121
105
134
120
132
138
115
116
100

- r*-fievised
*'

Without
seasonal adjustment
1941
1942
Mar.
Mar. | Feb.
198
194
216
180
473
p264
p323
pl86
pi 47
184
p208
148
pl29
pll9
pl48
pi 38
141
43
pl52
169
pi 75
s
pl27
*
*

*
*

pi 28
pi 24
p98
pl32
pl25
*

168
106.
pl30
107

193
rl89
210
176
444
255
308
191
141
189
224
151
128
118
145
131
132
47
157
174
174
155
131
137
153
98
124
126
123
109
125
125
152
167
108
126
102

184
178
rl92
177
r300
185
214
179
136
163
219
146
123
118
133
125
117
141
147
166
150
152
rl25
rllS
121
105
r96
rl30
.10%. .
102
122
105
136
144
115
121
110

* Data not yet ttvuil&biti.

INDUSTRIAL PRODUCTION
(1935*39 average*100)
;
'

MANUFACTURES (Cont'd)
Petroleum and coal products
Petroleum refining
Gasoline
Fuel oil
Lubricating oil
Kerosine
Coke
Beehive
Byproduct
Chemicals
MINERALS
Fuels
Bituminous ooal
Anthracite
Crude petroleum
Metals
Iron ore
Copper
Lead

" Adjusted for seasonal variation
1942
1*41
Mar, 1 Feb.
Mar,

Without
seasonal adjustment
1946
•- -1641"
Mar. 1 Feb.
l*tr.
•V

•
*
*

pl69
p477
pi 50
pi 60
pi 22
pl46
pll3
pi 14
pl5S
201
P 163

»

p--Pre1iminary or estimated,

131
126
125
128
131
128
161
493
162
158

123
118
120
121
106
113
154
434
145
125

125
120
110
128
152
201
158
140

121
rl48
102
112
148
191
148
IIS

r--Revised.

plSS
p477
pl50
pl65

129
124
121
129
129
129
161
483
152
158

119
114
114
119
104
115
164
#4
146
129

pl22
pl40
pile
pi 15
p95

ISO
141
121
127
94

>120
rl42
"106 114
92

*

*
*
*

••

pl66
»

* #

160
140

151
116

* Data not yet available,

FREIOKT-CAR LOADINGS
(1936-39 average - 100)
Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, l,c.1,

122
168
119
97
149
282
143
92

0116
cl60
ol31
c95
6159
el87
0151
clOO

128
168
113
93
127
192
128
100

126
175
102
77
149
73
139
92

cl32
clS4
ollO
c76
0153
047
@136
c96

132
175
97
74
127
60
rl25
101

e*-Correo'ted*
r—Revised.
Note $—To convert coal and miscellaneous indexes to points in total index, multiply
coal by ,213 end miscellaneous by ,548.