Full text of G.12.3 Industrial Production : December 21, 1942

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B O A R D O F G (TORNORS

#K

OF THE FEDERAL RESERVE SlUli

For release In morning papers
Tuesday, Qeoember 22, 1942

R&S BI - 220
December 21, 1941
BSC'D II V1MB SECTION
DEC 2 1 194

BUSINESS INDEXES

• •

•

-

'

in

" '

in

1936-39 average * 100 for industrial production and freight-car loadings;
1939 * 100 for factory employment and payrolls;
1923-25 average * 100 for all other series

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction contracts, value
Total
Residential
All other
Factory employment
Total
Durable goods
Nondurable goods
Factory payrolls
Tot&l
Durable goods
Nondurable goods
Freight-ear loadings
Department store sales, value
Department store stocks, value

Without
seasonal adjustment

Adjusted for
seasonal variation
1642
j 1641
HOT.
| Oct. | Nov,

Nov.

| Oct,

pl91

pl89

167

pl92

pi 93

167

p202
p275
pl44
pl50

p200
p271
pl43
126

173
209
144
131

p202
p276
pl43
pl33

p204
p273
pl47
135

173
209
144
135

pi 80
p83
p259

185
83
269

138
74
189

pl58
p79
p223

175
80
253

122
71
163

##

#•

# $

•#

••
•.
••

156.3
198,1
121.6

138,4
164.2
118.1

260 ,9
350.2
173.6

185.0
228,0
143 .0

* $

.

# •

1941

1942

»
*
.

*

*

. Nov,

• •

•»

# *

*#

• •

• •

* #

134

133

135

140

150

141

pl35

128

116

pi54

137

133

**

p!15

95

**

pi23

110

' • $

•
*

p—Prel iminary or estimated.
**—Data not yet available.
* Revised data for these groups back to 1939 will appear in January Bulletin*
Hote*—Production, carloadings, and department store sales indexes based on daily
averages * To convert durable manufactures, nondurable manufactures, and minerale
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 bused 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 £410,209,000, 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*




'

INDUSTRIAL PRODUCTION
(1635-3y average « 100)
Without
seaserial ad jus
1941
1942
Nov,
j
Oct * ( Ifov,
1
%

Adjusted for
seasonal variation
1942
1941
Oct,
Nov#
NovV.
BMWFlCimS
Steel
Open hearth and Bessemer
Electric
Maehinery
Transport&tion equipment
Honferrous metals ana products
Lumber and products
Lumber
Furniture
Stone, clay, ana £less 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
Othar manufactured foods
Tobacco products
Cigars
.
Cigarettes
Manufactured tobacco & snuff
Paper and products
Paperbo&rd
Newsprint production
Printing and publishing
Newsprint consumption




229
186
636
p314
p501
191
Pl24
123
pl26
147
.. . * ,
174
32
24
166
pl56 "
172
171
174
177
*
157
pltd
116
-0
121'
*
1^3
*
100
* '
CI
pi 29
112
r>147
pl44
115 ' 106
145 *
pl45
pl55
piM
*
145
*
116
m
172
102
*
134
128
137
*
107
pl20
116
102
110
224
182
527
p320
pSl4
pl97
pi 28
pl25
pi 34
*

177
420
230
276
190
135
128
148
162
164
105
156
1G7
179
16v
134
134
145
108
12Z
134
141
103
135
144
132
115
140
106
153
167
110
ISC
111

224
182 "
627 ;
d320
p614
pl87
pl27
pi 20
pl40
*
*

39
n!5u
171
177
*

pl07
•

*

* ,
*
- •*

Dill
nl42
119
pl64
pl49
*

*
*
*
*

137
*

pl22
115

229
186
536
p314
p501
191
pl34
131
pl38
163
202
17
15J
172
174
157
117
kn
'144
26
81
114
pl68
113
146
ol71
149
140
3 69
104
139
136
107
120
109

207
177
420
230
276
190
134
124
154
169
171
120
156
167
179
166
123
135
151
102
119
116
ire
107
152
146
134
137
143
105
152
167
113
138
117

INDUSTRIAL PRODUCTION
(1936-39 average -100).
adjusted for
se&soxs&l variation
1942
1S41
' L'ov .
f Oet.
LimTiiCTURSS (Cont'd)

- •
:

pisspl56
p46S>
pl?9

121 ;
135
IIS :
133. .
100
134
156
129
113
137
112
•123
166
153
165
145
624
r433
pi 77
149

pi 28
plSS
pl21
pl26
pl41
210

123
130
110
122
142
r218

* :

»
%pl09
*

*

.

; #"

p489
pl31

123
. 117
111
137
113
112
166
155
624
pl81

plSO
pl62
p!24
pl23
pi 51
229

127
145
117
121
180
334

*

pllQ

*

11

Petroleum and coal productK f *
Petroleum rtiining
. . \ G&soline ..
.v/
Fiivl oil
Lubrieat iii£ oil
Kt r os eric
Coke
Byproduct
Beehive .:
Gheirsic&ls

Without
seasonal adjustment
1S42
1941
Mqv #
I Oct. Nov.
*

'

**

156
134
136
130
137
126
•_ 168
• 145
r433
151

. MINERALS
FuelsBituminous coal
Anthracite
Crude petroleum
%k,.t&l6 Iron ore
p—PrelL^inury or eetlrabted,

r*-Revised,

12?
127
101
132
147
r£02

151
145
105
128
161
£31

»Data not yet available.

FRBIGI'T-CAK i,0.J)Ii?GC
(lS35.gr averaC* - 100)
Cos!
Coke
Grain
Livestock
Foreft products
Ore- ..
j4i$ct)llaneou5
#b'rchemdis^

.

125
176
126
114
140
221
144
58

121
180
150
110
149
221
144

121
159
118
S3
146
204
144
99

138
186
123
144
138
206
160
55

138
180
139
169
158
260
163
5b

13*
168
115
117
143
199
160
101

N e t T o convert coal and miscellaneous IndtxeT to points in~total index, shown
in the Federal Reserve Chart Book, multiply coal by .215 and miscellaneous by
' • .548.