Full text of G.12.3 Industrial Production : April 21, 1943
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dbac'D w w a m m m m I fSIEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYS For release in morning papers Thursday, April 22, 1943 A * P R 2 21943 1 R&S BI - 224 April 21, 1943 BUSINESS IHDEXES 1935-39 average « 100 for industrial production and freight-car loadings $ 1939 * 100 for factory employment and payrolls; 1923-25 average « 100 for all other series Adjusted seasonal variation 1943 1942 Mar. liar. 1 feb. Industrial production Total Mbmifaetairw • 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-car loadings Department store sales. value Department store stocks , value Without seasonal adjustment 1S42 1643 Mar. | Feb. liar. p203 202 172 p200 197 168 p215 p298 pl46 pl34 215 295 150 132 180 230 139 126 p213 p297 pl45 pl25 211 292 145 123 177 228 137 118 pi 05 p61 pl40 125 95 149 p90 p54 pll9 125 99 147 e * • - pi68.2 p224.6 pl23,8 167,6 222.2 124,6 145,3 176.5 120.6 •• »* * # »t # • * * * pl67.2 p223,9 pl22,5 * * * 166,1 221.1 122,8 144,3175.8 119.4 297,2410.0 166.8 215.1 276.2 155.4 136 141 137 130 130 129 pise 167 124 pi 20 132 118 p94 109 p90 111 * * 1,1 p~Prelimimiry or estimated* •Data not yet available„ Notei"Production, carloadings, and department store sales indexes based on daily averagese To convert durable manufactures, 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 • • INDUSTRIAL PRODUCTION (1935-39 average « 100) Adjusted seasonal' variation 1942 1943 Mar. I Pet. Mar, - MANUFACTURES Iron and steel Pig iron Steel Open hearth and Bessemer Electric Machinery Transportation equipment Monferrous metals and products Lumber and products Lumber Furniture Stone, clay, it 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 Tobacco products Cigar* Cigarettes Manufactured tobacco 4 snuff Paper and products Paperboard Mewsprint production Printing and publishing Newsprint consumption p—^reliminary or estimated * - p210 p201 233 188 658 p359 p583 pl93 pi 23 pll2 pl44 * * 39 plSS 166 pl81 * pllS * * * • plio pl62 126 pl64 pl66 * * * * $ 150 # pll2 97 : Without seasonal adjustment 1643 1942 Mar. I Feb. Mar. ' ' 208 200 231 185 560 362 572 199 129 121 144 158 156 40 160 171 181 166 117 117 136 93 89 117 155 130 153 161 131 116 IBS 86 135 143 93 113 99 200 192 218 182 477 268 330 181 134 128 147 158 161 43 153 169 175 148 124 127 140 92 120 122 156 101 144 138 125 121 137 94 152 168 106 121 103 p210 9201 233 188 559 p359 p583 pi 93 pllB pl04 pl44 * * 39 pi 58 166 . . pl81 * pll6 * * * * pll5 pl34 123 pl40 pl38 * * * 150 * pll6 101 208 200 231 185 560 352 572 199 114 99 144 132 126 40 160 171 181 166 122 128 151 98 93 119 135 129 147 140 122 101 144 85 . 137 143 92 114 98 •Data not yet available# 200 192 218 182 477 268 330 181 129 120 147 140 141 43 153 169 175 148 129 127 141 91 119 130 ' 121 98 131 121 117 111 127 96 155 168 106 126 107 INDUSTRIAL PRODUCTION (1935-39 average » 100) :* Adjusted for seasonal variation 194: 1942 liar. 1 1 Mar. .• MANUFACTURES (cont'd.) P:68 Coke Byproduct Beehive Chemicals p£37 P 211 169 158 543 213 Without seasonal adjustment 1948 1942 Mar. 1 Fee, Mar, ' 162 152 604 161 pl68 pl57 p537 p216 169 158 543 213 MINERALS Fuels Bituminous coal . Anthracite Crude petroleum Metals Iron ore 162 152 504 166 ' ' : pl33 pl61 pl28 pl23 * 235 p—Prelir,dn-ry or estimated. 131 167 129 121 140 234 122 140 116 115 153 219 pl33 pl61 P 128 pi 23 r 122 140 116 115 97 • 131 157 129 121 76 * * * 145 189 142 90 129 48 137 58 128 175 102 77 149 r76 139 92 *Data not yet available. FREIGHT-CaR LOADHIGS (1936-39 average - 100) Coal Coke Grain Livestock Forest products Ore Miscellaneous Merchandise, l.c.l. 140 182 162 117 133 216 141 61 127 154 170 113 135 193 153 61 122 168 119 97 149 r292 143 E2 144 189 131 92 133 56 138 62 r—Revised, Note:—To convert coal and miscellaneous Indexes to points in total index, shown in the Fedt-rel Reserve Chart Book, multiply coal by .213 and miscellaneous by .648. :
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