Full text of G.12.3 Industrial Production : December 24, 1947

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J0

»

•

LESS

e

DEC 2 41947

do,ad) of- auv.f3.oriS of t!E ptjjirJ fccsrrr/s £?s
For release in morning papers, -ednesday, December 24, 1947
G.12.3
BOSIKBSS INDEXES
1959 average » 100 for factory employment and payrolls;
1923-25 average * 100 for construction contracts;
1935-39 average » 100 for a l l other s e r i e s .
Without
seasonal adjustment
1S46
JS»I
r'ov.
Oct. |
Kov.

Adjusted for
seasonal variation
1946
1947
Kov.
aov • 1 Oct.
Industrial production
total
Manufactures
Total
turable
Nondurable
Minerals
Construction contracts. value
Total
Residential
All other
Factory employment
Total
Durable goods
Nondurable foods
Factory payrolls
Total
Durable goods
Kendurable [-cods

P192

190

103

pl92

193

183

P196
P225
P177
pl 56

197
223
175
154

191
214
173
126

P199
p225
P176
P155

200
224
180
158

192
214
174
135

184
170
196

139
122
152

175
164
164

125
118
liO

156.5
180.7
137.4

151.5
176.4
131.9

156.9
180.8
138.1

152.0
176,7
132.5

341.6
579.6
304.5

298.2
531.1
266,0

•
*
*

/'

*
*

*

;

*
*

*

*

* .

*
*
*

-

•

-

•

Freight carloadings

147

145

137

150

156

i4i

Department store s a l e s . value

300

275

271

372

298

336

*

252

256

283

277

Department store stocks , value

*

p—PreliMnary•
*L&ta not yet available#
Motes—Production# carloadings, and department store sale# indexes based on daily
averages# To convert titrable manufactures, nondurable manufactures, and
minerals indexes t o points in total index, shown in Federal Reserve Chart Book#
multiply durable by #379# nondurable by #469# and minerals by #1$2#
Construction contract indexes based on 3~month moving averages, centered a t
second month# of F# II# Dodge data for 57 Eastern States • To convert indexes to
value figures, shown in Federal Reserve Chart Book# multiply total by
1410,869,000, residential by $18!+,137,000 and a l l other by $226,122,000,
Employment index, without seasonal adjustment, and payrolls index
ooapiled by Bureau of Labor S t a t i s t i c s •



(12s

B'EUSTRIAL PROLtK TlOti
(1935-39 average • 100)

MAKUFAC TUBES
Iron and s t e e l
Pig iron
Steel
Open hearth
Electric
Lachioery
Transportation equipment
Automobiles ( i n o l . parts)
Honferrous 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
Textiles and products
Cotton consumption
Rayon deliveries
Lool t e x t i l e s
Leather products
tanning
Cattle hide leather
Calf and kip leathers
Goat and kid leathers
Sheep and lamb leathers
Shoes
Isanufactured food products
Y.heat flour
Meatpacking
Other manufactured foods
Processed f r u i t s and vegetables
p—-Pre! iminary.




2,

Adjusted for
seasonal variation
1%6
m?'
Hov.
Nov. . | Oct.

Without
seasonal adjustment
1947
1 l'yli 6
Kov. | Got.j Nov.

p202

p202

*

222
162
508
p282
p238
p200
*

pl7k
pli*9
Pi 35
pl 76
p201
1U3
*

Pl65
P231
P223
Pl7i
149
291
*

*
*

*
*
*
*

*

P158
plW
P173
P159
P135
'

20U
198

22k

18U
509
280
233
198
179
175
ll*3
128
172
201
156

178

nk

193
163
271
235
187
192
175

1U2

159

135
157
202
152
162
150
215
252
174
16L
256
181
121
110
121
91
70
137
129
156
145
163
160

133

160

nk

161
230
225
16U
139
280
168
126
123
136
9U
100
112
P127
15k
P139

lU2

*

222
182
508
p282
?238
p200
*

j P175
piM
Pl3i
p!76
p206
li+3
*

Pl71
P235
P 223
Pl71
11*9
291

20k
22k

18U
509
280
233
198
179
175
150
138
172
211
156 202
170
236
225

pl6o
pi50
P192
pl66
pl2U

171

*

*
*
*

*
*
*

271
235
187
192
176
139
131
157
207
152
175
155
219
252

17k
lOi
256

16k

139
280
168
125
122
137
96
100
112
pl27
165
plitf
ia
176

*

178
174
193

198

'

+Cata noF yet available

181
123
Ilk
126
9k
68
145
129
158
146
181
166
147

3.

INDUSTRIAL PROLUCTIOK

(1935-39 average « 100)

Adjusted tor
Without
~ seasonal varietriw — . seasonal adjustment
'1%6
1947
W
! i9Lb
KOVe |
iiov. I Oct# j iCV,
11 J .

(cont^d.)
Paper and products
paperboard
Kev/sprint production.
P r i n t i n g and publishing
Newspring 'consumption
petroleum and coal products
Gasoline
Coke
Byproduct
r
Beehive1
*
Chemicals
'
Rayon
.;
Industrial chemicals
Rubber products

|

>

II

\

•

186
*

P151
137 ,

161
164
91
152
158
*

*

Pl6l

162
177
169

155
175
84
130
: 118
P177

ike

p430
p249
P29U
pl426
p226

m

223

152
1JU8
f 272
2U3
261
1+11
21+3

pl64
pl69
Pll9
P l66

162
16?
126
P 166
107

140
116
123
150
117

*
*

21*8
2S4
425

*

186
*

pl57
149
$

Pl6l
S
* •

p430
p251
p29U
pL26
p226

161
iau
91
155
115

:

*

162
177
169
ii48
250 •
294
425
2*3

153
175
65 :
135 4
129
P177
1balsa
146
272
2W:
26l
4 l l -"
243

MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore

*

pl 64
pl69
pl 19
pl66
*

*

162
163
126
pl66
132
257

11*0
116
123
150
105

156
188
152
161
.155
235
163
78

117
166
144
171
143
166
154
84

nh

FREIGHT CaRIOAIJIKGS
(1955-39 average '•* 100)
Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, l * c . l .
p—-Freliminary.

160
195
145
105
150
163
151
75

156
192
152
104
147
163
149
75

r—Revised.

• 117
166
147
i;6
151
157 148 .
r82

160
195
142
133
147
163.
158
77

* Lata not yet available.

Bote;—To convert coal and miscellaneous indexes to points in total index, shown
in federal Reserve Chart Book, multiply coal by .213 and Miscellaneous by .548.