Full text of G.12.3 Industrial Production : June 14, 1954

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

KfcUjj ns-FILES SECTION
BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSttilN 1 5 1954
For immediate release, Monday June
G.12.3

June lit* 1951
BUSINESS INDEXES
19b7-U9 average - 100
Seasonally adjusted
1953
195k
Hay
Apr, 1 Mar.
Kay

%

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Mineral^
Consumer durable goods 1/
Total
Major consumer durables
Autos
Household
Other consumer durables
Construction contracts,value
Total
Residential
All other
Employment and payrolls
Ncnagricultural emp,,total
Manufacturing prod.workers
Employment, total
Durable
Nondurable
Payrolls, total

1953
May

P125

123

123

137 pl23

123

125

136

pl26
P135
pll7
pll2

125
13lt
115
ill

12k
135
lilt
112

139
156
123
117

P125
P136
pl!3
pll3

125
137
113
110

127
139
115
109

138
157
119
118

pH8
P130
pUi5
pll8
P 93

116
126
139
117
93

111
119
133
108
9it

138
153
160
Ut8
10U

pll5
pl26
pllt6
pl09
P 92

119
131
151
116
92

119
129
112
120
9U

133
lit?
162
136
102

n,a.
n.a.
n.a#

pl98
P 218
P185

191
205
182

161 n.a.
16U n,a.
159 n.a.

p228
P257
p209

19lt
216
180

195
19lt
196

110.4 110.8 1139 P109.7 110.0 109.5

113.3

P102.1 103.0 103.9 llli2 pl00.lt 101.8 103.6
pl08.2 109.5 110.8 1251 P107.7 109.lt 111.3
9lt.6
92.9
95.8 lOUb P 91.8
P 95.0 95.3
—
el3h,9 135.0 138.lt
—

112.3
12lt.5
98.0
151.9

pUO.2

Freight carloadings

63

85

Department store sales.value @109
n»a»

110
120

105
121

1

1
1
1

8U

17"

Unadjusted
195ti
| Apr. | Mar.

86

81

79

100

117 el08
127 n.a.

109
127

89
126

115
132

98

tion see Federal Reserve Bulletin for May 1 9 % , pp. U38-U52.

Note: Construction contract indexes based on 3-month moving averages, centered at
second month, of F. W. Dodge data for 37 Eastern Stateis. The unadjusted indexes
of employment and payrolls are compiled by or based on data of the Bureau of
Labor Statistics*
*
\
e—Estimated




p—Preliminary

n.a.—Not available

INDUSTRIAL PRODUCTION
(1947-49 average • 100)

Unadjusted
1954
1 Mar.

I
1

Seasonally adjusted
195%
1953
DMay I Apr. 1 Mar. May

1953
May

DURABLE MANUFACTURED:
Primary metals
Metal fabricating
Fabricatedfoetalproducts
Machinery
Nonelectrical
Electrical
Transportation equipment
Instruments
Clay, glass and lumber prod.
Stone, clay and glass prod.
Lumber and products
Furniture and miscellaneous
Furniture and fixtures
Miscellaneous manufactures

106
147
119
138
125
164
177
137
122
n. a.
n.a.
118
104
127

104
146
118
138
126
163
172
139
120
128

n3

117
104
126

103
147
120
138
125
163
171
144
123
131
116
119
104
130

139
169
139
162
146
194
192
156
127
135
119
135
123
143

109
148
119
139
326
163
179'
137
123
n.a.
n.a.
114
100
124

108
150
119
l4l
128
166
179
140
123
128
119
115
102
125

97
91
103
103
113
93
123
131
119
139
146
122
106
107
103

115
113
117
122
139
108
126
134
121
146
151
131
109
109
107

99
n.a#
n.a*
101
a.a.
n.a.
125,
n.a.
122
338
144
119
102
102
n.a.

97
93
102
104
13.5
94
127
135
122
139
14?
118
98
98
n.a.

108
153
121
14%
132
172
. 180
1^5
122
128
117
121
106
131

142
170
139
.163
148
192
194
156
128
135
122
130

118
139

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

103 101
n*a#
93
n.a. 111
104 102
n.a. 113
n.a. 94
125 125
n.a. 133
121 120
140 139
147 146
121* • 122
108 106
109 106
n.a. n.a.
!

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

p—Preliminary



•'

'

113
64
136
106

113
58
138
100

112
62
136
110

116
85
131
120

.112.
61
136
118

111
102
112
94
110
110
108
118
118
137
102
100
126
126
132
135
121
122
142
143
148
150
129
121
103
98
98 . 102
101 . 107

113
58
138
100

:

-112 . ••115

61
136
93

81

131'
132

INDUSTRIAL PRODUCTION
(191*7-1*9 average - 100)
Without seasonal adjuiitmenT
19514
1953
Apr, | Mar.
Apr, 1 Mar. 1 Feb.
Primary metals
Ferrous metals
Pig iron
Steel
Carbon steel
Alloy steel
Castings and forging*
Nonferrous 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
Millwork and plywood
Textile mill products
Cotton and synthetic.fabrics
Cotton consumption
Synthetic fabrics
Wool textiles
Knit goods
Apparel and allied products
Men's outerwear
Women* s outerwear
Misc. apparel, etc.

n*a.—Not available




103
93
105
103
113
n.a.
123

101*
100
106
105
lib
102
119

Ill
108
111*
113
119
106
120

11*2
130
11*6
139
191
136
138

11*5
135
150
11*3
191*
136
139

123
117

125
121

127
121*

139
11*5

139
l.'i5

85
129
167

81*
131*
177

80
136
181

109
11*9
192

112
151
193

160

161*

167

181*

183

151
101
1*78
39

112
101
1*85
Ut

138
103
1*89
1*2

170
11*2
1*52
65

161
11*1*
1*61
61*

318
132

122
118

121
110

126
132

126
119

113
163

109
161*

109
160

120
161*

112
172

99
97
101
n.a.
103

100
100
100
61
105

100
101
98
58
109

111
107
125
80
123

117
111*
120
82
123

111
99
96

102
122
107

117
112
101*

123
86
112

131*
106
119

' , Tmmm&

mmmm

(19U7^.JtTera8e - 100)

,

»

'

f.--

-

%*.+

**

*

Without seasonal adi ustment
1953
195U
Apr. 1 Mar,
A W . 1 Mar. 1 Feb#
Rubber products
Tires and ttibee
Leather and products
Shoes and slippers
Paper and allied products
Wood pulp
Paper and board
Paperbo*rd
Printing and. publishing
Newsprint consumption
Job printing and periodicals
Chemicals and allied products
Industrial chemicals
Synthetic libers
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"
Grain 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

Ill

108

112

135

138

103

109

110

109

118

n.##
iva.
n#a.

1U7
127
131

Iii5
127
130

lit6
129
138

ILL
127
138

129
119

120
121

lilt
120

127
120

125
122

150
124
116

150
: UlO
115

150
135
115

159
170
119

iSh

126
129
133 . . . . y * .
i?7
120
86
81

. 136

V*

135
90

131
137
127
113

132
137
132
111

98
115
10b
71
101
96
99
99
102

98
112
96
72
lot*
97
89
86
86

98
111
112
80
99
98
105
102
109

99
117
100
75
102
100
99
100
103

60

63

69

79

77

127
83

125
73
39
111*

122
76
U2
113

12U
119
131
123

125
88
53
116

96
106
119
76
99
96
.103.
100
106
.

;

. .117

Note.--Groups and subgroups Include individual series not published separately.
rx»a»—Not available*




157
118

"

i .V ' .-

-y,

OUTPUT OF COHSOHSR DURABLE GOODS
(1947-49 average » 100)
Unadjusted
Seasonally adjusted
1954
l#3
1953
l?eb. ADT. Anr. 1 Mar.1 Feb.1 Apr.
Awr.

|

MAJOR HOUSEHOLD GOODS:

•

Furniture and floor coverings
Furniture
Floor coverings
Appliances and heaters
Major appliances
Ranges
Refrigeration appliances
Laundry appliances
Heating apparatus
Radio and television sets
Radio sets
Television sets

43
461

98
103
84
105
:199
84
118
129
92
150
43
353

99
103
87
111
117
85
131
140
89
142
47
325

120
125
105
134
140
100
162
148
115
244
67
583

98
101
90
116
126
87
153
130
84
172
49
406

102
105
92
118
129
93
145
151
80
182
49
435

103
105
96
117
130
?1
145
159
76
170
51
397

121
123
n4
138
149
105
182
144
101
236
76
542

89
96

88
100

90
102

92
113

87
96

85
102

87
103

90
113

97
103
83
133
U8
83
137
134
96

m

OTHER CONSUMER DURABLE GOODS;
Auto parts and tires
Misc. home and personal goods

OOTFUT OF MAJOR BOUSBBOLD 00008
(1947-U9 average • 100)

-' i

Ami

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

n.a.
n.a.
95
92
151
122
202:
78
n.a.
n.ai
117
31
498
322

1

Without seasonal adjustment
1953
1954
Apr.
1 Mar.
Mar. 1 Feb.
83
77
120
93
120
139
256
94
71
105
105
34
482
392

85
71
124

98

120
144
292
77

62

114
118
32
385
4o8

106

94

123
121
284
139
185
95
93
125
171
50
438
637

110
90

14c

137
320
157
296

116
83

126
186
53
500
726

Note.—New indexes. For description and back figures see Federal Reserve Bulletin
for May 1954, 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.