Full text of G.12.3 Industrial Production : July 18, 1941
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UL 1941 BOARD OF GOVERNORS OF THE FEDLRaL RESERVE SY3TE SYSTEM Released for publication Sunday morning, July 20 R&S BI - 203 July 18* 1941 BUSINESS IBDEXES 1956-59 average « 100 for Industrial production and freight-car loadings; 1923-25 average = 100 for all other series Without Adjusted for seasonal variation 1940 1941 June 1 ^ June 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-oar loadings l/ Department store sales. value Department store stocks,, value ( 1941 i June 1 May 1940 June pl56 ISO 121 pi 56 153 121 pl60 pl88 pl37 pl32 154 176 136 127 122 131 114 rll9 plol pi 92 pl35 pl31 157 195 134 128 122 154 112 118 pi 12 p96 pi 26 101 88 111 74 69 77 pl30 pl05 plSl 121 104 136 86 76 S3 * > * 124.8 129.4 120.4 # # .. 103.9 S9.0 108.5 * • • * * * * * •* 124.8 131.2 118.7 103.1 99.8 106.2 144.0 163.0 122.7 99.5 101.4 97.4 139 135 111 136 131 110 pl02 105 91 p98 105 87 $ 74 67 * 76 64 r-«-Revised, * Data not yet available, Notes —Production, carloadings, and department store sales indexes based on daily averages. To convert durable manufactures, nondurable manufactures, and minerals indexes to points in total index, shown in Federal Reserve Chart Book, multiply durable by .379, nondurable by #469, and minorsla by #152# Coastruotioa oontraot indexes based on 3-month moving averages, centered at second moxrkh, of ¥• W# Dodge data for 37 Eastern state*. To convert indexes to value figures, shown in Federal Reserve Chart Book, multiply total by *410,269,000, residential by $164,137,000, and all other by #226,132,000, Employment index, without seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics. if Revised series. For back figures see Federal Reserve Bulletin for June 1941• I INDUSTRIAL PRODUCTION (1935-39 average = 100) Adjusted for seasonal variation 1940 1941 June j May June MAEDFACTDRES Iron and steel Pig iron Steel ingots Machinery Transportation equipment Aircraft Automobiles Railroad oars Locomotives Shipbuilding Konferrous metals and products Copper smelting Zinc smelting Copper deliveries Zinc shipments Lumber and products Lumber Furniture Stone, clay, and glass products Polished plate glass Textiles and products Cotton consumption Rayon deliveries Silk deliveries Wool textiles Leather and products Leather tanning Cattle hide leathers Calf and kip leathers Goat and kid leathers Shoes Manufactured food products Wheat flour Cane sugar meltings Meat packing Other manufactured foods Paper and products Paperboard Printing and publishing Newsprint consumption p — Preliminary .or estimated. pl82 177 pl32 p216 p210 p8?4 pl55 p211 p274 p386 pl90 pl36 173 p221 150 pl34 pi 23 pl56 pl46 152 pl62 168 pl8S p 73 pl63 pl29 • * * * 136 pl22 107 pll5 pl22 pl2z # 154 pi 22 106 166 166 165 202 194 832 141 193 280 361 191 142 170 224 142 132 122 151 141 142 162 164 189 71 168 123 119 129 99 108 126 123 110 119 132 122 141 ice 12% 107 154 148 154 128 122 364 106 111 102 170 130 131 130 115 124 111 110 113 112 80 107 114 144 56 89 26 90 90 88 91 101 115 98 112 126 115 132 128 120 106 Without seasonal adjustment 1P40 1941 June May June pl79 179 pi 79 p218 p223 p891 pl67 p23S p285 p402 pi 90 pl35 170 p222 143 pl39 pl33 pl51 pl67 149 pl56 160 pi 72 p 66 pl62 pll8 » * * * 120 pi 23 101 pll9 piia pile * 154 pl21 107 172 175 172 206 215 849 164 218 280 379 196 144 170 231 142 134 130 142 164 142 157 164 168 67 165 121 116 127 94 106 123 119 100 117 132 111 141 156 126 111 151 ISO 151 129 131 371 114 124 106 176 130 131 128 115 118 116 119 110 129 79 101 108 131 51 88 88 68 86 90 91 89 116 92 116 123 110 130 128 119 107 * Data not yet available. I INDUSTRIAL PRODUCTION (1955-3S average « 100) Adjusted for seasonal variation 1940 1941 June June | May Manufactures (Cont'd) Petroleum and coal products Petroleum refining Gasoline Fuel oil Lubricating oil Kerosene Beehive coke Chemicals Rubber products Rubber consumption MINERALS Fuels Bituminous coal Anthracite Crude petroleum Metals Iron ore Copper Zinc Gold Silver • * * $ * * * * * * * * * p531 p!40 191 196 515 134 162 164 plSO pl54 pl26 pl21 pl44 180 pl53 152 123 14S 80 117 164 212 161 160 114 138 * s p~-Pre 1 iminary or estimated* Without seasonal adjustment 1940 1941 June June 1 May 115 112 110 113 122 116 rl60 116 117 116 * * p455 pl33 191 196 386 133 162 164 116 113 112 112 122 113 rl23 110 117 116 116 110 rll6 116 154 HE 113 na pl24 pl33 pll6 pl21 pl75 325 plSQ 149 120 1Z6 66 120 181 323 159 150 108 133 111 100 rl07 116 161 268 140 116 97 114 122 114 r—Revised. * * • * f * % * * $ * * * * Data not yet available. FREIGHT-CAR LO^II^S (1935*39 avera L = 100) Coal Coke Grain Livestock Forest products Ore Miscellaneous Merchandise, 1.o*1, 156 189 126 88 133 152 139 102 138 182 124 91 130 266 136 102 120 145 98 95 108 134 111 94 131 170 123 69 141 265 141 101 117 167 107 82 135 276 138 102 101 131 96 75 112 233 112 94 Note:—To conWrt cotkl and irii:'caliar^ous Indexes to points in total ind^x, multiply coal by .213 and miscellanuous *5^8. Back fibres may be obtalmd %pon re» quest from the Division of Rest>urch and Statistics• A chart thewing the now series will be available sometime in July.
@FedFRASER