Full text of G.12.3 Industrial Production : January 22, 1943
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BOARD (F GOVERNORS OF TbE FBDE2AL RESERVE SYSTESi vi For release in afternoon papers Saturday, January 23, 1943 R<iS BI - 221 January 22, 1943 BUSINESS INDUCES 1936-39 average * 100 for industrial production and freight-oar loadings? 1938 » 100 for factory employment and payrolls; 1923-25 average = 100 for all other series Adjusted for seasonal variation T55T 1942' Deo. | Hov. Bee. Industrial production Total Manufactures Toted 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 Department store cales, value Department store stocks,value pi96 194 168 Without seasonal adjustment 1941 H ? T Deo, j Hoy. Dee e Annuel indexes 1S42 | 1941 pl92 194 164 pl81 156 d208 206 206 279 146 129 174 214 141 132 p204 p283 pl47 pl26 pl43 pl21 279 146 132 171 211 138 126 pl90 p250 pl41 pl2S 161 193 136 125 pl96 plOl p273 196 90 28§ 123 69 167 pl66 p86 p213 174 66 246 59 130 168 82 237 122 89 149 165.6 200.8 119.9 138.1 164.2 117.6 166.6 201.6 121.1 138.3 164,6 117.6 130.3 151.3 113.7 270.6 366.6 176.6 191.0 236.0 147.1 165.3 199.3 132.0 • /* • * * » • p280 * * . * ' * . * * 134 154 137 126 140 128 138 130 pl23 136 111 p218 167 197 123 110 plOS 92 pl21 86 * * 83 p»-Areliminary or estimated.' ' # — D a t a not yet available. Bote«—Production, oarloadings, and department store sales indexes based on daily averages. To convert durable manufactures, nondurable manufactures, and minerals indexes to points ia total Index, shown 1* Federal Reserve Chart Book, multiply durable by .379, nondurable by .469, and minerals by .152. Construction contract indexes based on 3-month moving averages, centered at second month, of F . W . Dodge date for 37 Eastern States. To convert indexes to value figures, shorn in the Federal Hcsyrvt.Cht.rt Book, multiply total by $410, 269,000, residential by *184,137,000, und all other by $226^132,000. Employment index, without.seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics* 2. INDtJGfRKU, PRODUCTION (193E-3& average, - 100) Without seasonal adjustment • 1942 1941 Deo. | Nov. Dee, Adjusted for seasonal variation 1941 1942 Dec # Dec. | Nov. MAKUFACnlHES Iron ami steel Fig iron Steel * Open hearth and Bessemer Electric Machinery Transportation equipment Honferrousfiietals.andproducts Lumber and products Lumber Furniture Stone# clay, & glass products Cement Polished plate glass Textiles and products X2etton consumption Hiyon ide l i w ries Wool textiles Leather products Tanning ] .Cattle hide, leathers Calf and kip leathers . boat dad kid leathers Shoes Manufactured food products Wheat flour Meatpacking Other manufactured foods Tobacco products Cigars Cigarettes tomifuciured tobacco & muff Pap^r and products fap^rboard Scwsprint production Printing and publishing lfetreprint consumption p—Proliiainery or estimated. Annual • Indexes 19421 1941 . p200 pi 97 221 179 523 p336 p542 p201 pi 23 pll9 pl32 * * 32 plS4 163 pi 78 # pl25 * * * * pl?9 pl56 126 pl56 pl62 * * ' * # 151 * pll6 106 203 199 224 182 627 327 526 197 126 122 134 152 178 34 168 171 177 161 126 118 138 102 . 81 129 #52 116 147 159 140 . 93 174 98 135 157 100 lie 110 ' 191 190 205 176 411 243 278 193 138 132 149 167 191 67 164 155 179 178 128 123 135 66 117 131 137 109 142 137 129 139 136 95 155 136 lOti 130 115 p200 pi 97 221 179 523 p336 p542 p201 pll3 >101 pl37 .» * 39 pi 54 163 pi 78 » pll3 * * * » pl08 pl48 121 DISS pi 56 " * * * * ,# 134 » #17 108 203 199 224 182 527 327 526 167 125 118 140 157 126 39 158 171 177 161 115 120 143 97 79 111 pi 50 112 16-J 160 141 117 167 97 134 137 103 120 115 plOS 191 IBS190 pi 93 ISO 205 197 218 179 175 176 495 557 411 p2£#l 243 210 278 p417 234 192 pl86 185 128 134 pl?l pl26 129 113 155 pl41 145 147 pl51 152 * 153 154 80 p41 126 154 pi 5 5 151 155 168 171 179 166 0173 160 178 pi 55 116 pi 20 121 125 pl£2 119 137 pl42 130 99 91 p93 lis p96 106 110 ,'pll9 123 130 pH3 128 104 107 104 155 pl48 129 151 pl47 129 nl30 120 110 107"" ' pll4 112 121 pl49 , 151 83 pS4 99 146 142 pl40 166 141 154 107 pll2 112 131 pll5 124 107 .117 103 *Data not yet av^Tilaolb. I INDUSTRIAL PRODUCTION (1955-39 average » 100) Adjusted for seasonal variation 1941 1942 Nov. Dec. Deo. Without seasonal adjustment 1941 1942 Deo. I Bdv, Deo. 1942 1 1941 133 134 . 136 132 131 127 161 151 501 153 pl22 pll5 pllO pi 29 pl22 pllO pi 64 pl54 p498 pi 72 128 125 126 124 124 117 152 144 r415 139 131 144 96 129 98 pi 25 >145 pll7 pile pl49 229 122 129 110 120 149 197 Annual indexes MANUFACTURES (Cont'd) Petroleum and coal products Petroleum refining Gasoline Fuel oil Lubricating oil Kerosene Coke Byproduct Beehive Chemicals pl66. pl57 p470 pl93 122 116 109 137 114 110 166 156 501 193 139 135 139 ISO 132 126 161 151 601 152 , # . 123 # 117 pl06 110 * 138 • 114 * 113 pi 66 166 pl57 156 p470 501 pi 94 194 pl24. pl29 p99 pl24 pl41 223 127 136 121 124 138 211 129 ISO 92 132 162 205 pl26 pl45 pl05 pl22 p87 19 * * pl08 * * * > KIMERALS ' Fuels Bituminous coal Anthracite Crude petroleum Metals Iron ore p—Preliminary or estimated. r—-Revised. 130 154 124 121 147 229 # #* . » Data not yet available. FREIGHT-CAR LOADINGS (1935-59 average = 100) Coal Coke Grain Livestock Forest products Ore Miscellaneous Merchandise, l.c.l. 116. 177 143 117 137 210 146 69 125 176 126 114 140 221 144 St- ill 167 124 101 145 246 149 100 132 193 130 113 122 59 135 56 139 186 123 144 133 206 150 59 125 182 113 97 129 69 138 96 135 181 121 . 104 165 206 146 69 183 168 112 91 139 183 136 100 Note,—To convert coal and miscellaneous indexes to points in total index, shorn in the Federal Reserve Chart Book, multiply coal by ,213 and miscellaneous by .548 .