Full text of G.12.3 Industrial Production : August 24, 1950

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

0.12.3

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSEEBL
For release in morning papers, Friday, August 25, 1950.
August 2h, 1950
BUSINESS INDEXES
1939 average • 100 for employment and payrolls;
1923-25 average » 100 for construction contracts;
1935-39 average * 100 f o r a l l other s e r i e s .
Adjusted for
seasonal variation
July

Industrial production
Total
Manufactures
Total
Durable
nondurable
Minerals
Construction contracts, value
Total
Residential
All other
Employment
Total nonagricultural
Total factory
Factory payrolls, t o t a l
Freight carloadings
Department store sales, value
Department store stocks, value

1950

I June

w
July

Without
seasonal adjustment
3955"
w
July
June
July

pl9?

199

161

P198

200

163

p206
p235
pl8l
pUt6

208
237
m
151

168
185
15k
123

p207
P237
P183
P151

208
238
l8l»
155

169
186
156
128

#

291
325
262

209
200
217

33h
358
315

228
202

115.2

110.6

*

plU5.8
P150.1

lb5.lt lltl.O
lk8.9 138.9

pllt5.3
pl!i7.8
e365.0

lh7.h
362.2

21*9
136.9

312.8

126

127

110

130

131

115

e362

298

280

e282

281

218

276

256

267

2L5

p—Preliminary.
e—Estimated
* Data not yet available.
Note: Production, carloadings, and department store sales indexes based on daily
averages. To convert durable manufactures, nondurable manufactures, and minerals
indexes to points in t o t a l index, shown i n 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 a t
second month, of F. w. Dodge data f o r 37 Eastern States. To convert indexes to
value figures, shown in Federal Reserve Chart Book, multiply t o t a l ty
$1<10,269,000, residential by 3181*,137,000 and a l l other by $226,132,000.
Factory employment index, without seasonal adjustment, and payrolls index
compiled by Bureau of Labor S t a t i s t i c s .




INDUSTRIAL PRODUCTION
(1935-39 average • 100)

2.

Adjusted f o r .
seasonal variation
1950
1949
Jul% | June July

Witrui it
seasonal ad;justment
1950
19U9
July
July| June

MANUFACTURES
Iron and steel
Pig iron
Steel
Open hearth
Electric
Machinery
Transportation equipment
Automobiles (incl. parts)
Nonferrous metals and products
Smelting and refining
Fabricating
Lumber and products
Lumber
Furniture
Stone, clay & glass products
Cement
Clay products
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Leather products
Tanning
Cattle hide leathers
Calf and kip leathers
Goat and kid leathers
Sheep and lamb leathers
Shoes
Manufactured food products
T'heat flour
Meatpacking
Other manufactured foods
Processed f r u i t s & vegetables
p—Preliminary.




p228
«
266
201
723
P264
p275
p265
p202
P209
pl99
pl50
P137
pl7l*
p209
*

pl6l
pl68
123
359
*
#

•
*
*
*

*
*

pl62
pll?
pl56
pl66
pl22

231
221
271
202
763
262
277
268
207
219
201
155
11*1*
177
210
216
162
173
132
31*8
161
107
102
115
79
89
86
pllO
1614
106
lit?
173
156

156
158
162
ll*8
259
217
21*9
225
127
180
105
115
10k
136
185
190
litO
120
87
238
109
96
81#
98
55
71
70
10k
161
112
150
168
139

p228
#

266
201
723
p26k
P275
p265
p202
p207
p!99
pl60
pl52
pl7l*
P211
*

pl62
pl68
123
359
*

*
#

•
*
*
*
*

p!72
pll6
pll*6
P173
pl58

231
221
271
202
763
262
277
268
206
218
201
165
160
177
212
229
161
1?3
132
3148
161
106
100
111
80
90
86
pllO
161*
102
11*6
163
120

156
158
162
11*8
259
217
21*9
225
127
179
105
121
113
136
187
209
11*0
120
87
238
109
91*
80
92
55
70
65
10it
172
111
li*0
176
181

* Data not yet available#

INDUSTRIAL PRODUCTION
(1935-39 average * 100

3.
TithJut"
seasonal adjustment
19W
1950
July
June
July

Adjusted f o r
seasonal variation
1955
w
IHy
June
July
MANUFACTURES (Cont'd.)
Paper and products
Paperboard
Newsprint
Printing and publishing
Newsprint consumption
Petrolewa and coal products
Gasoline
Fuel o i l
Coke
byproduct
Beehive
Chemicals
Paints
Rayon
Industrial chemicals
Rubber products

phoi
p260
p l 57
P3S8
pUU9
P?30

l8ii
213
115
170
163
222
186
179
176
170
389
261
156
350
161
220

129
IL2
106
liiii
156
198
178
159
139
lit3
18
228
133

plh9
plOl
pl09
p 68
pl7ii
P125

155
128
136
96
168
130

126
83
80
93
117
105

P178
198
117
pl66
167
p228
P193
pl87
*
*

pl77
198
115
pl5L
liiii
p229
F193
pld7
pW7
p256
pl56
P358
phU9
P230

plL9
plOl
pl09
p 68
pl7ij
P158
p3hl

155
123
136
96
168
155
325

*

252

1 7 9

176
170
3&?
253
160
350
1*51
220

ic

392
175

185
213
116
169
166
222
188

128
li;2
10k
133
13b
198
178
159
139
iu
18
225
132
252
392
175

MINERALS
Fuels
Coal
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore
-Preliminary.

126
83
80
93
lli 7
litO
3 2 Z i

# Data not yet available.
FREIGHT CAPLCftDI'JGS
(1935-39 average = 100)

Coal
C' k 2
Lr- n
1.2'.0 lock
Forest products
Ore
Miscellaneous
Merchandise, l . c . l .

10b
39>
135
61
1\S
186
IhO
51

116
192
130
61
lui.
179
133
52

79
118
176
70
117
177
120
55

i

105
190
162
L 8

11:9
298
1U
51

116
1 8 3

133
51
150
277 .
1U2
52

79
115
212
60
117
28it
121
55

Note:
l.lOK.i,
in Federal Reserve Chart Book, multiply coal by .213 and miscellaneous by ,5ii8.