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R£C'D W RECORDS SECTION
BOARD OF GOVERNORS OF THE FEDERAL RESERVE S Y S T R A N 1 9 1956
For immediate release, Tuesday, January jfr. 1956

G.12.3

January 17, 195^
BUSINESS INDEXES
1)47-49 average = 100
Anni;tal
Unadjusted
Seasonally ad. uated
Inde xes
1955
1
! 1254.
1955
19^4
pDec. 1 Nov.
Dec. pDec. 1 Nov. 1 Dec. P.1955. .1 1954

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Consumer durable goods
Total output
Major consumer durables
Autos
Household
Other consumer durables
Construction contracts, value
Total
Residential
All other
Employment and payrolls
Ilonagricultural emp., total
Manufacturing prod, workers
Employment, total
Durable
Nondurable
Payrolls, total
Freight carloadings

144

144

130

141

146

128

139

125

145
160
130
127

146
161
130
125

131
143
119
116

1&3
159
126
125

148
163
132
126

129
143
115
114

140
lf5
126
122

127
137
116
111

147
161
187
141
114

151
167
196
1*3
114

131
146
167
130
96

147
162
193
137
111

159
178
212
150
117

132
149
174
130

146
164
190
1^3
106

116
125
131
122
95

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

270
252

259
277
248

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

244
243
245

211
237
194

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

216
232
204

114.4

114.7 110.6

117.0

115.8

113-1

112.9

110.4

107.9
116.8
97.5

108.7 101.7
117.2 107.5
98.6 94.9

108.5
117.5
98.0
163.8

109.4
117.9
99.4
164.3

102.2
108.2
95-3
143.1

105.6
113.1
96.8
152.9

101.8
107.6
94.9
137.7

101

Department store sales,value el21
Department store stocks,value n.a.

282

99

93

93

pl22
P132

116

e209
n.a.

124

94

102

86

95

P l48

201
110

ell9
n.a.

pl48

86
x

111
122

Note: Construction contract indexes based on 3-month moving averages, centered at
second month, of F. W. Dodge data for 37 Eastern States. Employment and payrolls
indexes are compiled by the Bureau of Labor Statistics.
e--Estimated




p—Preliminary

n.a.—Not available

#

2.
INDUSTRIAL PRODUCTION
(1947-49 average = 100)
Unadjusted
Seasonally adjusted
1955
1955
3.954
Dec. pDec. 1 Nov. 1 Oct.
pDec. 1 Nov. I Oct.

1954
Dec.

DURABLE MANUFACTURES:
Primary metals
Metal fabricating
Fabricated metal products
Machinery
Nonelectrical
Electrical
Transportation equipment
Instrument8
Clay, glass and lumber prod.
Stone, clay and glass prod.
Lunger and products
Furniture and miscellaneous
Furniture and fixtures
Miscellaneous manufactures

151
170
139
160
142
196
207
161
139
155
124
137
123
146

149
172
139
162
143

198

212
159
139
157
123
136
123
145

117
15 6
124
146
123
191
191
142
125
134
116
125
112
134

147
171
138
162
145
194
207
162
132
154
112
141
128
149

149
174
139
164
l4l
208
215
160
140
159
123
142
128
152

149
173
145

111
100

148
155
129
107
107
101

108
n.a.
n.a.
118
n.a.
n.a#
139
n.a#
133
167
n.a.
142
104
n.a#
n.a.

116
112
121
123
150
100
144
158
135
168
178
140
114
115
n.a.

115
112
117
130
155
109
147
167
135
166
176
138
123
124
109

129
99
101
83

123
80
143
126

117
73
138
115

129
91
147
108

126
87
144
125

125
68
143
137

117
15
138
99

148
173
142
164
143
205
208
156
141
153
130
136
124
145

121
155
125
145
121
193
189
140
133
135
131

112

104
102
107
115
133

122
108
131

169

141
223
200
158
149

161
138
144
123
154

NONDURABLE MANUFACTURES:
Textiles and apparel
Textile mill products
Apparel and allied products
Rubber and leather products
Rubber products
Leather and products
Paper and printing
Paper and allied products
Printing and publishing
Chemicals and petroleum prod.
Chemicals and allied prod.
Petroleum and coal products
Food, beverages and tobacco
Food and beverage mfrs.
Tobacco manufactures

114
n.a.
n.a.
124
n.a.
n.a.
lUl
n.a.
131

165

n.a.
142
111
n.a.
n.a.

115
110
121
122
147
102
141
157
130
164
173
139
112
112
n.a.

109
116
125
147
105
141
158
131
162
171
137

111

100

127

136
121

98
93
99
110
128
94
125
129
123
149

156

MINERALS:
Mineral fuels
Coal
Crude oil and natural gas
Metal, stone and earth min.
p—Preliminary




128

87

147
126

124
80
144
130

n.a.--Hot available

3.
INDUSTRIAL PRODUCTION
(19k7-k9 average » 100)

Nov.
Primary metals
Ferrous metals
Fig iron
Steel
Carbon steel
Alloy steel
Castings and forgings
ilcnferrous metals
Fabricated metal products
Structural metal parts
Stampings and misc. metal products
Nonelectrical machinery
Farm machinery
Industrial and commercial machinery
Machine tools and presses
Electrical machinery
Electrical apparatus and parts
Transportation equipment
Autos
Trucks
Aircraft and parts
Railroad cars
Stone, clay and glass products
Glass and pottery products
Cement
Lumber and products
Lumber
Millmrk and plywood
Textile mill products
Cotton and synthetic fabrics
Cotton consumption
Synthetic fabrics
Wool textiles
Knit goods
Apparel and allied products
Men1s outerwear
Women's outerwear
Misc. apparel, etc.
n. a, — H o t available




Without seasonal ac1 justment
1951*
1955
Nov. | Oct.
1 Oct. 1 Sept.

11*7
1U0
156
15b
189
131
156

11*8
lUl
151*
Ut9
188
137
153

ll*2
lUo
150
n*i*
186
125
11*7

111*
110
122
119
138
98
129

107
101
112
111
120
97
127

lblt
137

Htl*
13U

litl
129

129
122

127
115

93
11*5
178

92
ll*2
170

69
lltO
168

75
122
11*6

73
122
11*7

180

188

175

162

158

212
122
501
33

153
106
1*90
38

130
102
1*81*
30

11*1*
93
1*71
12

70
78
1*61*
18

U*3
n. a.

UUb
16U

137
16U

12lt
i 11*5

125
152

106
ma.

122
211

121
209

1

107
191

119
207

118
109
136
83
115

117
109
133
85
119

111
103
132
80
111*

110
10U
126
69
110

109
101*
121
69
113

116
12U
122

117
113
122

109
108
117

1 108
1 102
| 110

108
102
110

INDUSTRIAL PRODUCTION
(19U7-U9 average - 100)

Nov.
Rubber products
Tires aid tubes
Leather and products
Leather
Paper and allied products
Wood pulp
Paper and board
Pnperboard
Printing and publishing
Rev/sprint consumption
Job printing and periodicals
Chemicals and allied products
Industrial chemicals
Synthetic fibers
Paints
Petroleum and coal products
Petroleum refining
Gasoline
Fuel oil
Coke
Food and beverage manufactures
Food manufactures
Meat products
Dairy products
Canned and frozen foods
Groin mill products
Bakery products
Beverages
'
Alcoholic beverages
Beer and ale
Coal
Bituminous coal
Crude oil and natural gas
Crude oil
Metal mining
Iron ore
Stone and earth minerals

138
n.a.

•

Without seasonal adjustment
195U
195$
Nov. | Oct.
I Oct. i Sept.
HiO

128

110

116

97

90

|
88
i
I 160
i
i 131
137

88

179
150
160

169
tii3
153

1U3
131

11*2
131

132
131

130
122

129
122

197
196
126

192
188
127

190
191
126

i 165
17U
117

160
165
115

1U8
158

IB
n.a.

lU3
157
13k
108

till i 136
155 tii3
132
135
!
90
107
'

132
1U0
128
8U

118
150
83
113
103
99
n.a.
n.a.
n. a.

125
1U3
88
l6l
111
100
118
117
88

125
129
101
201
108
99
111
102
97

113
135
78
99
I 103
93
97
99
79

93

88

78

81

122
79
li3
!' 126

US
?2
87
129

93
132
117
n.a.
135

131
136
165
139

129
llil
181
till

Note.—Groups and subgroups Include individual series not published separately.
n.a.—Mot available




158
133
138

177
1U7
161

115
127
85
till
11C
99
110
107
8U

'•

$

OUTPUT OF CONSUMER DURABLE GOODS
(19^7-^9 average = 100)
Seasonally adjusted
1955
1954
Nov. 1 Oct. 1 Sept. Nov.

Unadjusted
1955
Nov. I Oct. |Sept.

1954
Nov.

MAJOR HOUSEHOLD GOODS:
Furniture and floor coverings
Furniture
Floor coverings l/
Appliances and heaters
Major appliances
Ranges
Refrigeration appliances
Laundry appliances
Heating apparatus
Radio and television sets
Radio sets
Television sets

121
126

121
126

134
141
n.a.
146

137

123
127

103
111

124
131

147
153

115
121

145
144
105
131

620

132
134
n.a.
113
220
n.a.
279
105
612

93

108

——

200

n.a.
235
103
486

**—

147

98
166

126

259
95
572

205
126
279
72

676

174
95
259
70

108
118

107
115

101

95

162
187
108

77

124
129

108
115

218

148
315
99
726

151
149
107
143
219
159
289
68
710

116
118
83
106
192
107
324
71
806

115
124

113
116

93
10)

127
131
• -

- -

OTHER CONSUMER DURABLE GOODS:
Auto parte and tires
Misc. heme and personal goods

108

H9

124

1/ Publication suspended pending revision of data back to 1952.
OUTPUT OF MAJOR HOUSEHOLD GOODS
(I9U7-U9 average • 100)
.

Nov.
Woven carpets
Gas ranges
Electric ranges
Refrigerators
Freezers
Washing machines
Driers and ironers
Vacuum cleaners
Furnaces
Water heaters
Auto radios
Household radios
Table model TV
Console model TV

78
90
n.a.
75
116
170
661
109
131
n.a.
260
63
499
714

-

•*

Without seasonal adjustment
1954
1955
i Sept.
Nov.
1
Oct.
1 Oct.
89
96
122
82
168
166
683
130
154
134
231

63

640
804

85
97
123
86
192
171
645
109
162
150
145
47
663
753

62
78
92
78
114
155
517
84
107
110
143
51
759
849

82
86
91
72

138
163
516

98

136

125
119

49

836
881

Kcte.--For description and back figures see Federal Reserve Bulletin for May r-51*
pp. 438-452, reprint available on request. Back figures, not in Bulletin,
on individual indexes for major household goods, without seasonal adjustment, also available on request to Division of Research and Statistics.


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