Full text of G.12.3 Industrial Production : February 26, 1944
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE For release in morning papers Saturday, February 26, 1944 R&S BI - 234 February 26, 1944 BUSINESS INDEXES 1936-39 average * 100 for industrial production and freight carloadings; 1959 * 100 for factory employment and payrolls; 1923-25 average - 100 for all other series Adjusted for seasonal variation 1944 1943 Jaii, Dec, | i Jan, 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 Freight carloadings Department store sales, value Department store stocks , value Without seasonal adjustment 1943 1944 Jan. Dee, 1 Jan. p242 241 227 p238 239 223 p2o0 p366 pl74 pl39 260 367 173 137 245 336 171 125 p257 p364 pl70 pl33 258 366 172 131 242 334 168 119 p56 p30 P 77 61 35 81 145 79 198 p46 p25 p63 48 30 62 118 66 161 pl67,3 p229,4 pll8,3 169,0 232,6 118.9 165.8 218.6 124.1 pl66.4 p228,9 pll7,1 169,3 232,5 119,5 164,8 < 18.1 122.9 328,5 461,6 198.2 290.9 399.8 184,5 ... — mm * — — — * — — 145 144 135 133 133 124 plSl 130 143 118 231 111 * p98 102 * P 92 92 * p—Preliminary or estimated, * Data not yet available. Bote.—Production, earloadings, 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 ,579, nondurable by ,469, and minerals by ,152, Construction contract indexes based 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 •410,269,000, residential by $164,137,000, and all other by 8226,132,000. Employment index, without seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics, • INDUSTRIAL PRODUCTIOK/: (1935-39 average * 100) J" " '< * I 7J # ^ t Adjusted for seasonal vnriat ion 1 % "ah.™~ m r ~ " .• Without seasonal adjustment 1943 1944 ^ wlul ; ! Dec t 1I Jan # LM&FACTUBES Iron and steel Pig iron Steel 0p<m hearth Electric Machinery Trensportati on ecuipment Honferrous metals and products Lum">er and products Umher Furniture Stone, clay, and glass products Piate glass Cement Clay products Gypsum and plaster products Abrasive and asbertom 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 Wheat flour Meatpacking Other manufactured foods processed fruits and vegetables Tobacco products Cigars Cigarettes Other tobacco productsPaper ard products Paperboard Newsprint production Printing and publishing Newsprint consumption p—Preliminary or estimated. " p209 * 231 186 566 p450 p?48 * pl33 pl25 pl50 pl72 54 * pl31 p203 p317 pI48 153 186 * P 105 * m * * » pllO pl50 pl24 pl82 pl52 pl27 126 87 157 88 • 144 : * pl06 89 200 204 198 198 222 225 178 182 536 542 453 417 765 651 286 251 137 123 131 113 150 142 169 180 55 35 101 171 122 148 192 193 319 301 143 158 142 172 IBS 180 142 154 101 105 96 " 130 97 14-1 68 95 82 89 162 185 105 118 148 141 128 134 173 143 pl48 144 129 121 143 132 90 103 181 159 99 • • 93 131 "135 135. 137 83 92 105 115 89 104 11 200 204 198 198 222 226 231 182 18G 178 542 556 536 p450 453 417 p748 765 651 * 286 251 pl20 126 112 pl04 114 96 pl50 150 142 pl62 170 164 54 55 35 * 92 139 pl22 126 139 pl96 196 187 p317 319 301 pl48 143 158 153 142 1?2 189 186 18b * 142 154 101 pl04 123 . ... * _ .95 . 130 ^ * 37 :144-# 66 93 * 89 83 * 154 172 pllO , 105 . u a pl41 145 131 pl24 126 134 ~ p219 205 171 pl40 pl46 133 p82 101 79 126 132 132 87 90 103 157 167 159 86 " 87 91 - - * • • 131 135 144 135 ' 1%7 82 9& pl02 108 111 83 93 97 . p209 * : "Data not yet available. 3. . INDUSTRIAL PRODUCTION (1935-39 average » 100 ) Adjusted for seasonal variation 1944 Jen. 1945 Dec. i Jan. Without seasonal adjustment 1944 1943 Jan. Dec, I Jan. MANUFACTURES (Cont'd,,) Petroleum and coal products Petroleum refining Gasoline Fuel oil Lubricating oil Kerosene Coke Byproduct Beehive Chemicals Rayon Industrial chemicals Rubber «L * pl26 * * * pl73 plo3 216 222 123 169 120 120 171 161 158 157 99 137 111 104 166 p519 p360 p225 p392 p240 516 365 157 485 355 226 394 240 196 332 pl42 140 156 114 136 124 145 102 118 124 223 130 223 215 * * pl26 • * * pl73 pl63 P519 P358 P225 P392 P240 216 222 123 159 118 124 171 161 516 367 226 394 240 158 157 99 137 108 106 166 157 485 354 196 332 215 MINERALS Fuels Bituminous coal Anthracite Crude petroleum Metals Iron ore pl61 pll6 pl37 pl24 p223 p—Preliminary or estimated, pl42 ?161 pll6 pl37 p84 p75 140 156 114 136 78 48 » Data not yet available. FREIGHT CARLOADINGS (1935-39 average « 100) Coal Coke Grain Livestock Forest products Or a ?i. .-cellaneous Mcnhendise, l.e.l. 124 145 102 118 88 73 150 185 159 121 147 203 149 67 147 192 153 122 164 209 148 •68 ;. 135 184 138 102 130 202 144 57 150 194 159 116 133 51 136 64 147 202 144 118 138 65 139 65 135 193 138 98 117 50 : 132 : 55 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.
@FedFRASER