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BOARD OF GOVERNORS OF TIE FEDERAL RESERVE SYSTEM
For Immediate r e l e a s e

January 2, 1953

0.12.3
BUSINESS INDEXES

1935-39 average s 100 f o r industrial production and f r e i g h t carloadings;
19l*7-U9 average s 100 f o r a l l other series

fttS86ng6f C&fi
Household goods
Construction contracts, value
Total
Residential
All other
Employment and payrolls
Nonagricultural employment, t o t a l
Manufacturing production workers
Employment, t o t a l
Durable
Nondurable
Payrolls, t o t a l
Freight carloadings
Department store sales, value
Department store stocks, value

#

Industrial production*
Total
Manufactures
Twtal
Durable
Nondurable
Minerals
Gzmmsmr dmrmfeles

Unadjusted
1952
I 1951
Nov. |1 Oct. |
1

Seasonally adjusted
1952
1 1951
Nov. 1 Oct. 1 Nov.
P233

229

219

P231*

233

220

p2l*3
P3C0
P197
pl75

21*1
298
•195
161*

228
277
188
170

P2U5
P301
p200
pl7ls

21*5
300
200
166

229
277
191
169

W
M
135

m
110

201
161
215

iia
n*i
11*1
107.6

a
Pl36

W
121*

M
103

,F«1
W
pll*5

pieit
Pl8l
pl86

210
185
227

156
11*6
162

P166
pl7l*
pl6l

pl09.1

108.8

106.8 pllO.O

109.9

P106.9
P113.7
P 99.1

106.1
112.5
98.7

103.3 pl08.0
108.9 plll*.5
96.7 plOO.l*
plwi.l

107.8 iolt.3
113.2 109.6
101.5 98.1
11*3.8 129.8

%%

—

13U

128

137

138

138

11*0

P112

115

113

pl32

119

131*

pl20

117

n.a.

pl3lt

133

n.a.

23k; t o t a l manufactures, 21*5; durable manufactures, 305; nondurable manufactures
197; minerals, 171.
Construction contract Indexes based on 3-month moving averages, centered
a t second month, of F. W. Dodge data f o r 37 Eastern States.
The unadjusted indexes of employment and payrolls are compiled by or
based on data of the Bureau of Labor S t a t i s t i c s .



2.
INDUSTRIAL PRODUCTION
(1935-39 a w a g e , 100)

1 Oct.

1951
Nov.

Unadjusted
1951
1952
Nov,
*ov.| Oct.

p282
280
2bb
21*7
332
33b
231
233
1061 lOltO
361
P368
36b
P360
p255
257
23b
P23T
251
P251
228
P230
155
P163
plb9
138
pl89
189
p222
22b
n.a.
231
pl6l
161
172
P17U
11*2
U*9
361
356
n.a.
112
n.a.
103
n.a.
118
pl63
165
pill
109
pl72
169
172
J>169
11*8
P131
203
P205
21*6
2b9
176
P176
169
173
p288
279
225
P233
226
p235
n.a.
180
303
P307
pl58 • 158
p3b7
357
576
P588
25b
P259

261
232
307
216
951*
31*7
313
216
209
235
198
157
11*9
172
212
219
173
157
11*1*
289
89
78
97
160
115
168
166
121
191
205
175
163
276
211*
226
185
299
158
331
563
21*5

p282 280
21*1* 21*7
331* 3?2
231 233
1061* 101*0
P368 361
P360 361*
p255 257
P237 23U
p2S2 251
p230 228
pl6l 161*
pll*7 151
pl89 189
227 235 ,
n.a.
267
pl66 170
pl7b 172
11*9 lb2
356 361
n.a.
112
n.a.
101*
n.a.
118
pl66 178
p!12 U 5
pl92 169
pl76 191
pl21 191
p205 203
21*9 21*6
pl81* 180
181* 182
288 279
P233 225
P235 226
n.a.
180
P312 309
pl57 158
P31*7 357
p588 576
p259 251*

'sssm titr adj us te d
Hov.
MANUFACTURES
Iron and steel
Pig Iron
Steel
Open hearth
Electric
Machinery
Transportation equipment
Automobiles ( i n c l . parts)
Monferrous metals and products
Smelting and refining
Fabricating
Lumber and products
Lumber
Furniture
Strne, clay and glass product®
Cement
Clay product®
Textiles and products
Cotton consumption
Rayon deliveries
leather and products
Tanning
Shoes
Manufactured food products
Wheat flour
Meatpacking
Other manufactured foods
Processed fruits and vegetables
Paper and products
. Paperboard
.
Printing and publishing
Newsprint consumption
Petroleum and coal products
Gasoline
Fuel o i l
Coke
.
Chemicals
Paints
Rayon
Industrial chemicals
Rubber products




261
232
307
216
951*
31*7
313
216
209
236
198
155
li*6
172
217
237
179
157
Ibb
289
91
81
97
161*
116
188
17b
111
191
205
183
178
276
21b
226
18$
30b
157
331
563
2b5

INDUSTRIAL PRODUCTION
(1935-39 average = 100)

Unadjusted

Seasonally adjusted
1951
1952
Nov. I Oct. \ Nov.

Nov,

pieo

pieo

1952

1 1951

4»
O

i
178

n«8i«

167
93
93
95
203
16k
363

123
195
IB
95
11*9
258
.150
1*7

93
185
157
117
11*6
3H*
158
1*8

11*0
218
156
88
Ht9
171*
11*9
1*7

MINERALS
Fuels
Coal
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore.

125
135
87
P207
pll*8
—

.

.

167
93
93
95
203
IB

178
11*1
152
99
196
122

«»«**

---

125
135
87
P207

pllil

111
152
99
196
115
185

FREIGHT CARLQADINGS

. (1935-39 average « 100)

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




123
195
11*7
76
152
233

lhh

1*6

93
188
157
76
139
233
li»5

he

UtO
218
159
70
152
180
IB
1*6

"

fl

;? "f a v „ * L D
: &?«••»? s i w
r
. :jklly ajv.isv»i|
in»djust#d "
1
' — — j f r ^ n t "
_ i9>2
ir.i
^T^ggTTfcc t . | s.--v. t c t t J . ^ j t . I c ,- *.

T';-TAL
•>«

to

j ;•'.. 1 .,t~
'• • '(.linr-reiS
•• » iri* f
1 f l r , * *41

rD*
;r,.a.

|

99

'-!

hi irv-.-r.v

tetal
O u , total
Standard
Aparimr.t
Byngalon ««i combination
All other
i'-'ee&ers
2;-ci«rs
Kefrlgeretors, t o t a l
S.ii cubic feet or teae
S.5-6.L cubic f e e t
£.5-7.1* cubic f e e t
7.5-8.1 cubic f e e t
6.5 cubic f e e t or over
factum cisacers
Wishing aaehlfies, t o t a l
Mringer and spinner
AuUr*tlc and sendautmatlc
Radios u.d telt3V$slt,n
Radios, total
Smll
AatoR.ctile
Consoles and combinations
console combinations
Television, t o t a l
Table
Consoles
Combinations




ei

!F-lZC 118 r l l 5
pllO
P 95

I\plhS 135 rl2d

12I* rl25

59 ee Dill
n 79 r Pi
%
•7
, St*r..«,
;r.a.

891
2iil
51

98

56

ICO 87
n . a . 106

43

95 s-tfS 12* rlV

;.

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

5%

60 : r,.a. 10k

i

-

?•'

V

63

72

;
' /

%

:!

r

•:?

r

..

3
J*

I::rL
yl

*j i• <*.
in,3.
30 <• ? >
910 631 n . a . 111U 10L7 789
202 193 n . a . 231 227 185
% 61 n . a . 61 60 73
71 67

93 56
31 12
1*1* 37
50 21
105 1*5
165 117

75 68
37 1*9
1*6 61*
31* 31*
77 71*
136 103

80 77 102 97
91 91* n . a . 121
c.a.
62
n.a. 219

86 86
111 107
61* 62
189 183

237 211*
l7 39

205 135
1*0 1*8

630 575

51*3 315

271 21*9
% u*
82 69
68 57
26 19
20 lit
721
557
1227
251*

67U
1*91
1181
25L

219 158
1*2 53
60 67
67 92
17 20
lit 25
583
1*1*6
992
217

371*
325
539
121

I