View original document

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 RESERV
,
At
For release in morning papers
Saturday, August 25, 1945

SYSTOL
R&S BI - 252
August 25, 1945

BUSINESS INDEXES
1939 average * 100 for factory employment and payrolls;
1923-25 average * 100 for construction contracts;
1835-39 average * ICO for all other series
Adjusted for
se##ozial.yari<ition,
1945
1944
July
June
July
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

f
Without
; >9easpneJ..ad4ustm.3r.t ....
19'15
1944
f
July
June
1 July

p212

220

230

p213

221

232

p224
p291
pl69
pl44

233
308
1/3
144

: 246
347
165
139

p225
p292
pl71
pl47

234
308
174
147

248
348
167
143

50
22
73

38
14
57

59
24
87

43
14
66

*
*

«

149.0
193.6
113.8

pl43.4
pl84.2
pill.2

165.2
225.3
117.9

•
*

pl43.5
pl84.4
pill.2
*

»
mm

4>

—-

*

148.4
193.8
112.6

165.3
225.5
117.9

298.3
393.6
205.1

326.8
453.8
202.6

mm

• •

—

#

Freight carloadings

139

140

143

143

145

147

Department store sales, value

218

202

189

163

186

142

165

*

172

148

Department store stocks, value

*

j

m

•
*• Data go yet available.
p—-Preliminary.
Note#—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 - w m t h moving averages, centered at
second month, of P. W• Dodge data for 37 Eastern States. To convert indexes to
value figurea, shown in the Federal Reserve Chart Book, multiply total by
#410,269,000, residential by -8184,137,000, and all other by $226,132,000.
Employment index, without seasonal adjustment, end payrolls index compiled
by Bureau of Labor Statistics.




INDUSTRIAL PRODUCTION
(1935-39 average = 100)
Adjusted for .
seasonal variation
1944
1945
July
July! June

Without
seasonal adjustment
1944
1945
July
July June

MANUFACTURES

Iron and steel

188
182
204
173
422
p370
p523
pl94

Pig iron
Steel
Open hearth
Electric
Machinery
Transportation equipment
Automobiles
Konferrous metals and products
Smelting and refining
Lumber and products
Lumber
Furniture
Stone, clay, and glass products
Plate glass
Cement
Clay products
Gypsum and plaster products
Abrasive and asbestos products
fertiles 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
Wheat flour
Meatpacking
Other manufactured foods
Processed fruits and vegetables
Tobacco products
Cigars
Cigarettes
Other tobacco products
p#~preliminary,




*

pl83
pll5
*

pi 36
pl66
62
*

pll8
pl68
p294
pl41
123
219
*

pi 12
*
*
*
*

*

pl07
pl46
pi 34
pl35
pl50
pll7
.•

•*
*
*

i

192
181
214
173
505
393
574
210
219
184
116
104
138
165
43
95
120
165
298
150
144
220
144
127
119
137
97
58
137.
132
151
138
141
156
135
139
93
177
90

202
196
222
184
491
435
704
223
244
246
124
114
143
165
60
86
124
182
294
139
139
193
131
105
113
126
78
81
144
100
153
113
175
153
130
122
86
154
78

188
182
204
173
422
p370
p523
pl94
*

pl82
pl20
*

pl36
pl65
62
*

pll7
pl68
p294
pl41
123
219
#

pl09
*
*

*
*

' " w •
pl07
pl55
pi 33
pl27
' pl'55
pl52
*
*
#

*

192
181
214
173
505
393
574
210
219
183
121
112
138
166
43
102
118
169
298
150
144
220
144
125
116
132
99
59
135
132
150
132
139
146
104
145
93
186
92

202
196
222
184
491
435
704
223
243
244
130
123
143
165
60
94
124
182
294
139
139
193
131
103
107
119
77
80
134
100
163
112
162
159
169
127
86
. 162

1
|
!.
!'
;
.
:

i
|;
I1
iI
ii
|
i
1

i

i
|
!

!
|

178

* Data not yet available.

INDUSTRIAL PRODUCTION
(1935-39 average
100)

1

Adjusted for
Without
seasonal variation seasonal adjustment
1%U
,
IS»U5
, 1 5 h5
19Ut
J
uiy
July
•••Ally- June
June

MASUFACTUHSS (Cont'd.)
Paper and products
Peperboard
Newsprint production
Printing and publishing
Newsprint consumption
Petroleum and coal products
Petroleum refining
Gasoline
Fuel oil
Lubricating oil
Kerosene
t
Coke
Byproduct
Beehive
.
Chemicals
L
Rayon
i
Industrial chemicals
Rubber

*
11*9
80
pio?
88
*
*

p!52
*

*
*

*

s '

pll42
160
79
106
85
273
289
148
177
136
132
163
155

133
1U8
83
95
87
247
259
137
164
125
128
172
164

HtZ

P3&5
P312
P2U3
p4l2
p217

U2k
320
243
iaa
221

514
237
408
227

pl49
pl46
pl 17
pl54

150
153
129
151
no

143
151
118
11*2
117

*

pllf2
160
80
105

273 *
289
148
P152
•*
177
*
136
*
124
*
163
*
155
424
P365
316
?3C8
p2U3
243
pUl2 1 412
221
p217

132
148
82
89
75
247
259
137
164
124
119
172
164
1.42
310
257
408
227

pl49 , 150
pi46
153
p H 7 1 129
151
P%54
.
*
131
•
301

143
151
118
142
142
323

149
78
plOl
76
*

m-

MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
,
Iron ore

,
J
j

$

* Data not yet avai lable*

p~~Preliminary or estimated#
FREIGHT CARLOADINGS
(1935-39 average * 100)

Coal
Coke
Grain
Livestock
Forest products
Ore •
Miscellaneous
Merchandise, l.c.l.

:

:^ "

1
;
•
.
'

136
193
157
121
140
171
T4'6
67

143
143 ' 136
181
194 j 187
188
lLh
155
121 1 124
97
140
156
144
1P9
170
273
148
T 4 6 "— 1 > 0
66
68
6?

143
178
158
99
149
263
150
68

143
188
172
102
157
302
151
66

Note,--To convert coal and miscellaneous indexes to points in total index, shown in
the Federal Reserve Chart Book, multiply coal by .213 and miscellaneous by .548*