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HSD'DIHF:
• BOARD OF GOV*

a, .
For release i n morning papers
ThiiredBy, February 25, 1943

OF THK FEDERAL RESERVE S Y S *

"EG 2 5 1 9 4 3

R&S BI - 222
February 24, 1942
BUSINESS INDEXES

1935-59 average « 100 f o r i n d u s t r i a l production and f r e i g h t - c a r loadings;
1939.» 100 for. factory employment-and p a y r o l l s ;
1923-25 average * 100 f o r a l l other s e r i e s
Adjusted f o r
seasonal v a r i a t i o n
1943
1942
Jan.
Dec. J J a n .
I n d u s t r i a l production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction c o n t r a c t s . value
Total
Residential
All otjier
Factory employment.
Total i
Durable goods
nondurable £,oods
Factory payrolls
Total :
Durably goods
Nondurable goods

Frei£ht*o»r loadings
Department store s a l e s , value
Department store stocks , value

Without
•
seasonal adjustment
194:$
1942
Jan,
Jan,
Dec,

p200

197

171

plS4

195

166

p213
p2SO
pi 60
pi 26

209
285
148
127

178
221
143
134

p207 p286
pl44
•'
pll7

207
283
148
120

173
216
137
125

pl37
p80
pl83

175
91
243

118
82
147

pll2
p67
pl49

139
77
190

96
68
119

154.6
215.5
124,4

139,8
169,1
116.8

287,7
391.2
186,6

200,7
255.9
146,8

164.6
215,6
124.4

*
*
*

, 142.2
170.6
119,8

*

*

*

t e

# #

*

• t

# #

*

$#

# * • •.

*

136
pl42
*

•'

134

140

124

126

129

125

138

pill

222

108

P 102

93

p96

8?

*

p—Prelimihajy or estimated,
*Data not yet a v a i l a b l e .
Hotet —Protiuotion, carloadings, and department store sales indexes based on daily
• " averages, To"convert durable manufactures, nondurable manufactures, and minerals
indexes; t o points in t o t a l index, shown in Federal Reserve Chert Book, multiply
durable; by .37 f-, nondurable by ,469, and minerals by .152,
Construction contract indexes based on 3-month movin, averages,"centered a t
second month, of F , W, Dodge data for 37 Eastern S t a t e s , To convert indexes t o
value f i g u r e s , shown in the Federal Reserve Chart Book, multiply t o t a l by $410,
269,000;, r e s i d e n t i a l by #184,137,000, and a l l other by #226,132,000.
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)

:

Adjusted f o r
seasonal v a r i a t i o n
1&43
Jfen,
Dee. 1 : J a n ,

Without

sear.oniJ ; djxist:
1042
1943
Dec. | J a n ,
Jan.

.

kaHW,.CTUR2S (Cont'd)
Petroleum 6nd coal products
Petroleuri r e f i n i n g
Gasoline
Fuel o i l
Lubricating o i l
Kcrosetie
Coke
Byproduct
Beehive
Chemicals

pl65
pl56
p489
p206

119
112
104
137
113
99
166
156
498
200

133
129
129
127
133
124
161
152
490
156

p i 24
pl45
pl02
pi 18
plSS
232

126
143
105
121
136
225

131
144
104
129
150
210

*
*

plOS
*

•-

*

<

*

-

#

plO?
•
' •

*

119

133

104
137
112
102

129
126

112

. *

:

pl55
pl56
p489
p205

166
15G
498

pl24
pl45
pl02
pll8
p75

126
145
105

201

128
129
12?

161
152

490
155

KEBR»LS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore
p—Preliminary or estimated.

mm

121
82
19

131
144
104
129
91
. mm

*Bata not yet a v a i l a b l e .
FREIGHT-C«R LOuDIHGS
(1935-39 average * 100)

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

119
151
157
102
130
202
149
57

116
177
143
117
137
210
146
59

119
154
rl40
99
156
186
152
97

135
193
138
98
117
50
132
55

122
193
130
113
122
59
135
56

136
184
rl23
95
141
46
134
93

r--Revised,
Note.—-To convert coal and miscellaneous indexes t o points in t o t a l index, shown
in the Federal Reserve Chart Book, multiply ooal by .213 and miscellaneous by
.548.