Full text of G.12.3 Industrial Production : August 19, 1941

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I

atrats a w n ]
A l i e n s 1941

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SY m .
A
Released for publication
Wednesday morning, August

i
j

#

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MS
BI - 204
August 19,1942

20
BUSINESS INDEXES

1935-39 average » 100 for industrial production and freight-oar loadings;
1923-25 average » 100 for all other series
Adjusted for
seasonal variation
1940
194*
July
July 1 June
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

Without
seasonal adjustment
15)41
1940
July
July I June

pl62

167

121

pl57

157

118

pl67
pl98
pl42
plZl

162
188
141
132

121
132
112
120

pl61
pl8D
pl39
pl32

162
192 138
131

118
127
111
121

pl22
pl07
pl35

117
101
129

85
77
91

pl34
pl08
pl56

135
111
155

93
78
105

127.8
135.1
120.9

103.2
98.4
107.8

152.1
173.8
127.8

98.2
97.4
99.1

•
#
#

128.7
134.0
123.6

105.1
100.4
109.6

*
#

*
*

##
# *

*

«#

*

#*

Freight-car loadings

138

139

110

138

136

110

Department store sales. value

113

104

92

80

97

64

*

77

68

#

73

61

Department store stocks,, value

p—Preliminary.
» Data not yet available.
Kotei—Production, carloadings, and department store sales indexes based on daily
averages. 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 status. 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

2*

INDUSTRIAL PrtOBUCTION
(1935-59 average = 100)
Adjusted for
seasonal variation
r
w
w
July
July | June
MANUFACTURES
Iron and steel
Pig Iron
Steel ingots
Machinery
Transportation equipment
Aircraft
Automobiles
Railroad cars
Locomotives
Shipbuilding
Nonferrous metals and products
Copper smelting
Zinc smelting
Cupper deliveries
Zinc shipments
Lumber and products
Lumber
Furniture
Stone,clay* and glass products
Polished plate glass
Textiles and products
Cotton consumption
Rayon deliveries
Silk deliveries
Wool textiles
Leather and products }
Leather turning
|
Cattle hide leathers
Cclf uad kip le^bhers
Goat ond kid lec&hers
Shoes
|
Nmuf&ctured food products
Wheat flour
Meatpacking
Other manufactured foods
Paper and products
Paperbourd
Printing or*a publishing
Memvprint consumption
P

Frfcllmiruiry or estimated.




P 163

185
P 183
P225
P 238
P994
P172
p2U0
P520
p4?8
p201
pl47
184
p237
155
piia
pl30
pl6l
pl$0

m

pl66

180
pi 79
P 78
P 163

182
177
182
213
210
878
152
210
296
409
191
136
173
221
150
135
125
154
150 152
163
168
190
73
164

pl26

130

*

121

*

•
*

pl30
pl23
103
pl22
pl24
#

170
p!27
106

131
98
112

136
12?

107
12k
129

144
154
127
106

156
157
156
133
111

394
37
119
113

189
133
140
l4l
119
135
107
101+
115
115

100
113

121
137

57
101

94

85

68
75

8k
101
110
100
116
110
130
130
111*
102

Without
seasonal adjustment
1%0
1%1
July
July | June

P173
181

179

P172

179
215

p218
p210
P994
pl 37

179

223

P330

895
164
235
308

173

191
136
170

p235

p469
pl92
pl32

k26

p23l

222

pia
piia

1W

P150

pl64
96
155
P

162
pl73
P 70

P159

pl22
*
*
*
*

pl26
plJ5

102

pll5
pl32
*

161
pll6
92

143
135
150
172

lh9

155
160
173
66

163

119
117

125
100

112
119

129

101
121
123
143
154

126

107

»D-ta not yet available.

147
154
147

129

96
394
70

117

116
135
131
126
13 3
118
125
111
112
107
127
66
105
109
134
51
98
91
83
32

83

83
93
120
99

109

117

12k

123
103

88

3.
INDUSTRIAL PRODUCTION
(1955-39 average • 100)
Adjusted for
sec.sonal variation
1%1
1940
June
July
July |

Without
sc SOD 1 adjustment
1940
191*1
July
July
| June

^,fufncturee (Coat*d)
Bochivtr ookc
Chcmioals
Rubber product3
Rubber corsunption
MD^ERALS
Puols
Bituminous cod
Anthr.citc
Crude petroleum
Motels
Iron ore
Copper
Zinc
Gold
Silver

P516

P i50

#

*

P 127
pli+6
pl 35
pllG
pisa
177
pl66
lolt

•
*

530

U*l
192
196

129
153
126
pi 19
156
130
155
152
157
107

213
117
109
109

P 429

117
121
133

p!20
pl28
pl06
piie
p201

Ilk

139
159
150
129
125
122

p — F r e l i m i a u r y or e s t i m a t e d .

pia
*

V

5kk
pll,8
154
'

*

:

* •

192
196

181
110
109
109

122
132
lib
?U9
181;
326
152
1L9
125
107

111
106
101,
Hi*
179
315
133
121
13L
113

435

Ij'l

•Data n o t yet a v a i l a b l e «
FP.EI GKT-CAR LOiJDIKGS
(1935-39 cvorugc • 100)

Cocl
Coke
Gr-in
Livestock
Forost products
Ore
Misoollu.-.vous
Horcatjidis'. , 1.c.1.

150
200
112
33
11+9
156
140
100

156
189
126
88
136
152
139
102

120
153
100
88
rl07
133
103
95

127
172
163
70

lh9

283
139
99

131
170
123
69
141
265
141
101

102
136
145
74

108

250
107
94

r—Rjvisod.
Note 1—To c o n v e r t c o a l :aid n i s c c l l i - n o o u s i n d e x e s t o p o i n t s i n tot-J. index, multiply
co. 1 by ,213 and m i s c e l l a n e o u s by . 5 4 6 . Back f i g u r e s nay be obtained upon req u e s t from tho D i v i s i o n of Kcscarch :nd S t a t i s t i c s . A chart showing the now
s c r i e s w i l l bu a v a i l a b l e eoaotimo i n J u l y ,