Full text of G.12.3 Industrial Production : August 16, 1954

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For Immediate release, Monday, August 16, 1951*~vu } :
G.12.3

' — - — —

August 16, 1954

BUSINESS INDEXES
19U7-49 average = 100

1954

Freight carloadings

i

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Consumer durable goods l/
Total
Major consumer durables
Autos
Household
Other consumer durables
Construction contracts, value
Total
Residential
All other
Employment and payrolls 2/
Honagricultural emp., total
Manufacturing prod, workers
Employment, total
Durable
nondurable
Payrolls, total

i

, July

1#3
July

Unadjusted
1954
July 1 June | May

1953
July

pl24

124

.124

137

P117

124

123

129

pl26
pl36

126
135
116

pill

125
135
116
113

139
157
121
120

pll8
P127
pl09
P109

125
135
116
114

124
136
113
112

130
147
113
117

pl20

118

119
130

pl08
P125
P 9&
P 94

116

93

137
152
164
143.
102

125
143
111
94

116
126
146
110
92

120
130
l6l
103
99

227
193

207

193
216
178

172
175
170

240
251
233

234
257
219

189
178
196

110.1

110.2 114.2 P109.5

110.2

109.7

113.8

101.8
P105.6 107.6
P 94.3
95.0

102.1 113t6 p 99.1
108.3 124.6 pl04.0
94.9 100.8 P 93.4
. el32.8
•

100.9
107.6
93.1
136.7

100.5
108.0
91.8
135.1

112.2
122.8
99-8
15.1.1

Pll6

P131
P127
pl35
P 97
n.a.
n.a.
n.a.
P109.9

128
136
123
96

plOO.4

82

84

111

145
120

84

Department store sales, value ell5
p U 2 • 108
Department store stocks,value n.a.
121
122

P104

n.a*
n#a#
n.a.

93

86

113,
130

e 91
n.a.

87

86

97

pio6
116

106
126

89
121

if Detailed indexes are shown on page 5 of this release. For description see
Federal Reserve Bulletin for May 195^# PP« 438-452.
2/ Seasonal factors for employment series revised for recent years* Back data may
be obtained from the Division of Research and Statistics •
x V
"
. ... . r .
. .
Rote: Construction contract indexes based on 3-m>nth moving averages, centered at
second month, of F. W. Dpdge data for 37 Eastern States. The unadjusted indexes
of employment and payrolls are compiled by or based on data of the Bureau of
Labor Statistics.
e—Estimated



p—Preliminary

n.a.—Not available

INDUSTRIAL PRQWJCTIOH

(lS#-49 average - 100)

Seasonally adjusted
MSP ™

pJuly 1 June 1 May

1 July oJuly 1 June 1 May

1953
July

•

DURABLE MANUFACTURES*
Primary metals
Metal fabricating
Fabricated metal products
Machinery
nonelectrical
Electrical
Transportation equipment
Instruments
Clay, glass and lumber prod.
Stone, clay and glass prod.
Lumber and products
Furniture and miscellaneous
Furniture and fixtures'
Miscellaneous manufactures

Unadjusted
1954

1 1953

105
150
12k
1*6
126

n.a.
169
137
116

n«a.
n.a.
120
107
130

112
99
121

110
146
122
137
125
163
173
136
122
131
115
116
100
127

108
147
121
136
126
162
177
138
126
130
122
114
98
124

124
161
135
1*8
138
168
190
151
132
132
112
125
113
133

n.a.

137
120
141
147
125
110
110
108

111
108
114
116
130
104
126
134
121
146
152
132
107
108
103

85
n.a.
n.a.
93
n.a.
n.a.
117
n.a.
114
134
138
123
112
113
n.a.

97
93
102
107
121
95
126
135
120
13?
144
125
111
111
n.a.

95
94
96
103
118
89
126
134
121
13?
144
123
104
103
108

97
93
102
101
114
91
116
120
114
139
141
132
111
112
94

114
69
135
110

112
65
134
106

120
87
.135
121

107
57
130
121

112
63
135
122

111
62
134
116

114
69
135
134

109
146
122
140
123
171
168
136
118
129
108
120
104
131

106
147
121
137
124
163
175
138
125
130
120
118
102
128

136
171
142
164
145
200
196
156
127
135
119
134
121
143

95
140
117
132
120
n.a.
163
133
111

96
93
100
107
119
97
126
335
121
142
148
125
109
109

99
95
104
106
119

n.a.

NONDURABLE MANUFACTURES:
Textiles and apparel
Textile mill products
Apparel and allied products
Rubber and leather products
Rubber products .
Leather and products
Paper and printing
Paper and allied products
Printing and publishing
Chemicals and petroleum prod*
Chemicals and allied prod*
Petroleum and coal products
Food, beverages and tobacco
Food and beverage mfrs.
Tobacco manufactures

96

n.a.
n.a.
106

n.a.
n.a.
127

n.a.
121
141
148
123
109
109

n.a.

&

MINERALS:
Mineral fuels
Coal
Crude oil and natural gas
Metal, stone and earth min.

p--Preliminary



Ill

70
130
109

n.a.—Rot available

INDUSTRIAL PRODUCTION
(191*7-49 average • 100)

.June
Primary metals
Ferrous metals
Pig iron
Steel
Carbon steel
Alloy steel
Castings and forgings
Nonferrous metals
Fabricated metal products
Structural metal parts
Stampings and misc. metal products
Nonelectrical machinery
Farm machinery
Industrial and commercial machinery
Machine tools and presses
Electrical machinery
Electrical apparatus and parts
Transportation equipment
Autos
Trucks
Aircraft and parts
Railroad cars
Stone, clay and glass products
Glass and pottery products
Cement
Lumber and products
Lumber
Millwork and plywood
Textile mill products
Cotton and synthetic fabrics
Cotton consumption
Synthetic fabrics
Wool textiles
Knit goods
Apparel and allied products
Men 1 s outerwear
Women*s outerwear
Misc. apparel, etc*




Without seasonal adjustment
15*53
im
June | May
1 May
| Apr.

108
108
109
97
120

102
93
105
103
113
98
122

138
133
113
137
183
127
139

lb3
133
118
mo
196
133
139

125
11h

125
116

123
117

IliO
1L3

139
lWt

8U
12?
157

81t
127
161

85
129
167

102
118
189

105
118
191

157

159

160

182

182

1U3
95
ItTl
25

11*6
100
L72
32

151
101
175
39

166
106
152
62

162
12k
L52
66

116
138

117
137

117
132

123
138

125
137

106
155

117
161

113
163

117
152

llli
159

96
92
109
69
106

99
95
107
68
105

99
97
102
63
103

111
110
130
91
117

115
110
129
87
123

95
111
98

108
83
97

111
99
96

121*
119
110

128

106
99
109
111
102
100
123

10k

9h

9h
110

INDUSTRIAL PRODUCTION
(191*7-1*9 average • 100)

June
Rubber products
Tires and tubes
Leather and products
Shoes and slippers
Paper and allied products
Wood pulp
Paper and board
Paperboard
Printing and publishing
Newsprint consumption
Job printing and periodicals
Chemicals and allied products
Industrial chemicals
Synthetic fibers
Paints
Petroleum -and coal products
Petroleum refining
Gasoline
Fuel oil
Coke
Food and beverage manufactures
Food manufactures
Meat products
Dairy products
Canned and frozen foods
Grain mill products
Bakery products
Beverages
Alcoholic beverages
Beer and ale
Coal
Bituminous coal
Crude oil and natural gas
Crude oil
Metal mining
Iron ore
Stone and earth minerals

Without seasonal adjustment
1951*
1953
June | May
I May
1 Apr.

119

111

Ill

123

132

100

93

103

99

106

152
129
136

11*8
125
132

Ht6
125
128

11*6
128
11*0

11*1*
126
135

119
120

125
119

129
119

118
121

127
120

152
157
117

Ui9
11*9
116

150
11*6
116

161
171*
121

159
168
122

132
12*3
125
79

130
11*0
122
80

128
137
121
80

136
11*5
130
111*

132
11*0
125
111*

107
108
151
98
115
97
126
lilt
128

100
105
135
85
106
95
115
108
117

97
106
119
75
99
96
103
100
106

105
105
lli6
103
110
103
119
107
117

101
103
136
90
10L
100
110
102
106

65

65

60

83

81.

125
118
152
127

121*
107
126
125

127
79
58
119

126
11*2
201
130

122
139
m
125

Note.--Groups and subgroups include individual series not published separately.




OUTPUT A X ) N S U M E R DURABLE GOODS
(191*7—1*9 average » 100)

^

Seasonally adjusted
195a
1953
June | May 1 Apr.
June

Unadjusted
1951*
June 1 May I Apr#

96
102
79
108
111
81
129
113
n.a.
21*6
1*5
631

96
100
81*
117
120
83
11*1*
121*
106
198
1*3
1*93

97
102
82
HI*
117
76
136
131*
103
178
1*3
1*36

115
122
96
121
127
102
138
11*2
103
262
63
61*2

93
98
80
110
111*
76
11*0
117
n.a*
165
1*1*
397

96
96

90
96

89
96

91
113

96
93

1955
June

MAJOR HOUSEHOLD GOODS*
Furniture and floor coverings
Furniture
Floor coverings
.
-iances and heaters
X i,i or appliances
Ranges
Refrigeration appliances
Laundry appliances
Heating apparatus
Radio and television sets
iadio sets
Television sets

92

112
117
93
123
130
96

81
112
117
80
11*7
111
96
155
1*8
360

97
100
90
116
121*
79
153
130
91
172
1*9
1*06

61
bob

90
91*

87
96

110

96

lb?

116
100
179

O T ' O CONSUMER DURABLE GOODS:
Auto parts and tires
r'isc. home and personal goods

91

OUTPUT CF MAJOR HOUSEHOID GOODS
(191*7—1*9 average » 100)

V.'oven carpets
Gas ranges
-lectrie ranges
".efrigerators
Freezers
Ashing machines
Driers and ironers
Vacuum cleaners
Furnaces
.iter heaters
lato radios
Household radios
Table model TV
Console model TV

65
n.a.
86
78
n.a*
112
158
69
n.a»
96
30
1*28
369

11

May

68
71
96
85
169
107
11*7
78
85
125
112
30
396
328

87
88
136
108
260
127
200
9b
100
126
176
b5
357
560

1
#

June

Without seasonal tadjustment
1951*
1953
June
1
May
77
70
95
92
151
122
202
78
81
118
117
31
1*98
322

82
72
135
98
198
138
212
70
96
112
11*3
39
310
1*90

Note.—For description and back figures see Federal Reserve Bulletin for May 195b
pp. b38-b52, reprint available on request* Back figures, not in Bulletin,
on individual indexes for major household goods, without seasonal adjustment, also available on request to Division of Research and Statistics.
n.a.—Not available*