Full text of G.12.3 Industrial Production : January 17, 1940
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BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTL* Released for publication Thursday morning, January 18 R&S BI - 185 January 17, 1940 BUSINESS DmEXES (1923-1925 average «= 100) Adjusted for seasonal variation 1939 j 1938 Dec. 1 Nov. 1 Dec. 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-car loadings Total Miscellaneous Department store sales. value Department store stocks,, value Without seasonal adjustment 1939 1958 Dec,, Nov, Deo# pl28 124 104 p i 20 124 98 pl29 pl40 p i 20 pile 124 130 118 124 104 92 114 110 p i 21 p i 28 pll4 pll2 123 125 122 127 98 85 106 103 p89 p65 pl08 83 €1 101 96 57 128 P 71 74 59 87 77 48 100 * * * ## 103.4 97.3 109.2 # • * # 94.4 83.7 104.7 ., p55 p84 * * * * * * 103.8 98.2 109.2 94.0 83.8 103.8 101.8 101.3 102.4 87.1 79.6 95.4 # # •• •• 78 89 82 39 69 74 8% 83 91 64 67 p96 96 89 pl68 106 156 * 71 66 * 82 62 73 p—'Preliminary. * Data not yet available. Notes--Production, earloadings, and department store a&lea indexes based on dally averages. To convert durable and nondurable manufactures indexes to points in total index of manufactures figures, shown in Federal Reserve Chart Book, multiply durable by ,463 and nondurable tjy ,537, 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 Federal Reserve Chart Book, multiply total by $410,269,000, 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. # 2. INDUSTRIAL PRODUCTION (1923-1925 average = 100) Without seasonal adjustment 1938 1939 Dec # Dec. ] Nov. Adjusted for seasonal variation 1959 1938 Bee,• I Nov. Dec* MANUFACTURES Durable goods Iron and steel Fig iron Steel ingots Automobiles Plate glass Tin deliveries Beehive coke 167 125 171 90 191 p26 29 6 pl23 145 72 99 126 135 96 100 100 94 110 154 82 85 117 120 116 86 79 89 106 137 108 114 97 103 82 98 228 123 98 99 109 85 201 101 74 104 99 153 • • Nondurable goods Textiles 1 Cotton consumption Silk deliveries Slaughtering and meat packing H#gs Cattle Calves Sheep Wheat flour Sugar meltings Leather and products Tanning Cattle hide leathers Calf and kip leathers Goat and kid leathers Petroleum refining Gasoline Kerosene Fuel oil Rubricating oil \ MINERALS Bituminous coal Anthracite Petroleum, crade Zinc 99 95 100 147 91 126 pl23 * * * * * 155 126 158 108 191 119 30 pll7 133 64 118 129 100 131 140 111 111 98 111 103 95 144 87 73 92 pl04 * * * * $ * 109 107 * * »• .. * 91 60 187 117 78 67 169 94 p88 p58 pl81 123 * \ 152 124 155 pl39 232 165 p29 * p83 p59 pl86 121 p—Preliminary. 173 126 178 pl24 232 110 108 112 152 89 66 110 96 102 77 97 229 293 117 150 141 102 62 185 117 89 73 90 117 153 59 7 101 103 94 100 135 88 62 104 95 96 94 92 202 259 115 142 100 82 66 164 96 Data not yet available.
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