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BOARD OF GOVERNOR? OF THE FEDERAL R 2PERVE FYSTS

•--ii

'

For release in afternoon papers, Friday, February 29# 1952
February ^9, "1952

0.12.3
BUSINESS r r o m s

1923-2$ average = 100 f o r construction contracts;
1939 average » 100 f o r employment and payrolls;
1.935-39 average • 100 f o r Industrial production and f r e i g h t carlo-idings;
19hl-h9 average - 100 f o r output of major consumer durable gco-irand department store s a l e s and s t o c k s .
Seasonally adjusted
395?
"OTT
Jan.
Dec. I Jan.
Industrial production*
Total
Manufactures
Total
Durable
Nondurable
Minerals
Major consumer durables
Total output
Passenger cars
Household goods
Construction contracts, value
Total
[
Residential
j
All other
t
Employment
Total ncnagricultural
Total factory
Factory payrolls, t o t a l

p219

Unadjusted
1952
Jan.

T95T

Dec.

Jan.

218

221

P215

216

216

228

p225
P277
P193
P159

227
279

226

p229
p280
pl87
pl6U

185
163

231
268
201
l61i

P 95
P 83
P109

93
93
102i

138
156

lii6

P302
p226
p36U

310
2li0
367

plSl.7
P156.2

158

264
196
159

p 92
P 79
pl07

96
89
10li

132
151

333
312
350

p2it7
pl87
P295

2h9
20 it
286

25?
233

157.1
156.3

lU9.it
159.7

pl53.6
P155.6

153.6
157.5

151.2
158.9

111

133

Department store s a l e s , value

elO?

Department store stocks, value

n.a.

Freight carloadings

281

iS'k

1U

212

eij35.0

m.i

h2U.O

12*6

128

123

133

109

125

e 8l

183

96

119

127

n.a.

107

liii

* Estimates, seasonally adjusted, for fr'ebruaiy 19i>2: "total "industrial production,
219; durable manufactures, 281$ nondurable manufactures, 187; minerals, l6ii»
Construction contract indexes based on 3-month moving overages, centered
a t second month, of F. ft. Dodge data f o r 37 Eastern S t a t e s .
Factory employment index, without seasonal adjustment, and payrolls index
compiled by Bureau of Labor S t a t i s t i c s .




2.

INDUSTRIAL PRODUCTION
(1935-39 average = 100)
Seasonally adjusted
1951
1952
Dec.
Jan.
Jan.

1952
Jan.

Unadjusted
1951
Dec. | Jan.

MANUFACTURE'S
Iron and s t e e l
i i g iron
1 teel
Open hearth
Electric
! chinery
ir a s p o r t a t i o n equipment
Automobiles ( i n c l . parts)
Ponferrous metals and products
Smelting and r e f i n i n g
Fabricating
lumber and products
Lumber
Furniture
Stone, clay and g l a s s products
Cement
Clay products
"textiles and products
Cotton consumption
Rayon d e l i v e r i e s
Leather products
Tanning
hoes
Manufactured food products
Wheat f l o u r
"eatpackinp
Other manufactured foods
Processed f r u i t s & vegetables
Fnper and products
Paperboard
Printing and publishing
Newspri t consumption
• et.roleum and coal products
Gasoline
Fuel o i l
Coke
Chemicals
Hints
Pa> on
Industrial chemicals
Rubber products




26l
229
30li
218
913
p356
P315
p217
p212
p2U0
p201
pl55
pii»6
p!73
p212
n.a.
P179
pl59
lkk
295
n.a.
n.a.
n.a.
Pl59
pl21
pl57
pl66
pl20
pl87
197
pl75
159
P277
p212
p23b
fifSf
P297
pl59
n.a.
P51i8
p2li8

263
227
30k
219
911
358
317
217
208
235
197
153
liil
177
218
21*2
172
152
136
283
83
79
9k
160
109
163
167
126
18U
191
17h
158
279
215
23b
185
296
157
331
551
2k8

255
22k
283
212
827
322
285
2U6
22k
219
226
171
162
190
236
238
191
19ii
163
392
115
107
121
168
128
162
176
161
20ii
21*7
170
159
272
202
238
187
287
163
387
506
2iili

261
229
30k
218
913
p356
P315
p217
p212
p2W
p201
P139
pl21
pl73
p200
n.a.
pl65
pl59
llik
295
n.a.
, n.a.
n.a.
plli9
pl21
pl88
pl5ie
P 78
pl86
197
pl70
118
p277
p212
p2)k
n.a.
p298
pl56
n.a#
p5W
p2ii8

263
227
30k
219
911
358
317
217
208
235
197
litl
122
177
211
220
176
152
136
283
88
79
9k
157
108
195
165
93
183
191
178
166
279
215
231»
185
301
157
331
551
218

255
22k
288
212
827
322
285
2k6
22k
220
226
153
13k
190
223
193
178
19k
163
392
116
108
121
155
128
193
162
105
203
2k7
16k
1MB
272
202
238
187
288
160
387
506
2kk

INDUSTRIAL PRODUCTION
(1935-39 average » 100)
Seasonally adjusted
1952
1951
Jan.
Dec. 1 Jan.

1952
Jan.

Unadjusted
1951
Jan.
Dec.

MINERALS
Fuels
Coal
bituminous c o a l
Anthracite
Crude petroleum
Setals
Iron ore

P173
pl36
plkl
P 91
P192
pll2

170
125
135
66
193
120

169
litO
151
96
182;
130

P173
P136
plhl
P 91
1 pl92
P 76 *
n.a.

170
125
135
86
193
83
91

169
lltO
151
96
l8it
9h
97

127
216
135
65
128
73
13li
h3

133

FREIGHT GAPLGADINGS
(1935-39 average - 100)
deal ' '
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, l . c . l .




133
203
IJ46
67
155
256
151
h6

157 ""133" 1 133

206
li;3
68
1W»
235
lii2
hh

199
153
69
170
21*3
158
52

21I
lit6
61*
139
61
138
Uh

209
153
66
153
61
ihS
50

OUTPUT OF HOUSEHOLD GOODS
19h7-19h9 = 100

h.

Unadjusted
Se&eonally adjusted |
I9bl
:195ft
1952 !
I
1951
Jan. | Dec. J i f o V . p e c .
Jan. 1 D e c . | Nov.
P109

10li

103

pl07

10ii

110

159

rarpets

n.a.

63

60

n.a.

6h

62

117

Furniture

p!02

10b

101

plOis

106

105

121

Vajor appliances
Cooking s t o v e s , t o t a l
Electric, total
Standard
Apartment
Nonelectric* t o t a l
Gas, t o t a l
Standard
Apartment
Bungalow and combination
All other

p 98

100

93

P 95
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.

97
80
101
10l
62
68
79
7L
107
51
20

9li
95
117
121
79
82
95
92
117
53
30

136
121
lli9
151
101
10L
118
116
132
78
hh

Driers
freezers
Ironers

627
n.a.
Ill

720
200
IiS

765
152
55

631
179
108

Refrigerators, t o t a l
5',L ruble f e e t or l e s s
5 . 5 - 6 , L cubic f e e t
6 , 5 - 7 . i j cubic f e e t
7.5-8.It cubic f e e t
6 , 5 , c u b i c f e e t or over

n.a.
n.a.
n.a.
n.a.
n.a.
n.a.

65
It?
7Zt
37
59
170

71
57
75
23
76
116

131
10it
62
58
223
167

77
82
ti
1L9

53
93
18
169

80
105
55
190

110
12*6
99
225
285
89
91
130
16
86

TOTAL

Vacuum cleaners
Ytashing machines, t o t a l
' r i n g e r and s p i n n e r
Automatic and semiautomatic
Radios and t e l e v i s i o n
Padios, t o t a l
Fmall
Automobile
Consoles and combinations
AM-FM console combinations
Television, t o t a l
Table
Consoles
Combinations




l6it
Jj?

130
39

119
13

155
h3
51
73
29
17

13k
ho
59
60
19
11

172
18
65
76
1h
26

ii03

319

368

335
3iiU
6llt
95

3 29
252
553
126

691
L29
392
319
735 1 ,160
618
173
.