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Board of Governors of the Federal Reserve System (U.S.), 1935-. "June 18, 1940," G.12.3 Industrial Production (June 18, 1940). https://fraser.stlouisfed.org/title/55/item/491463, accessed on July 29, 2025.

Title: June 18, 1940

Author: Board of Governors of the Federal Reserve System (U.S.), 1935-
Date: June 18, 1940
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image-container-0 BOARD OF%OVERNORS OP THE FEDERAL RESERVE SYSTEM Released for publication Wednesday morning, June 19 Industrial production Total plOS 102 92 p!09 104 94 Manufactures Total pl03 98 91 plO? 103 24 Durable p97 90 71 pl07 99 78 Nondurable pl07 106 106 pl07 106 107 Minerals pi 20 123 98 pi 20 111 97 Construction contracts, value p65 64 63 p78 73 75 Residential p64 62 55 p?6 73 b5 All other p65 66 68 p7S 74 84 Factory employment Total 99.6 93 .0 Durable goods 96.0 84.0 Nondurable goods 103 .0 101.6 Factory payrolls Total 96.3 85.0 Durable goods 97.2 78.3 Nondurable goods Freight-car loadings Total 72 62 71 67 62 Miscellaneous 77 74 70 80 76 73 BUSINESS INDEXES (1923-1926 average .« 100) Without seasonal adjustment 1940 1939 1940 ir,%o May 1 Apr. May May 1 Af. ' May Adjusted for seasonal variation * * * .« • e •• 99 .2 93.3 95.0 82.9 103.3 103.3 . • • • • * .. *. •• * * * * * * R&S BI - 19( June 18, 194( 95 .3 91.9 ' Department store sales, value p87 89 65 p89 86 87 Department store stocks , value * 69 66 * 71 68 p-*Pre 1 imin&ry• * Data not yet available. Note:—Production, carloadings, and department store sales indexes based on dally averages. To convert durable and nondurable manufactures Indexes to points in total index of manufactures figures, shown in Federal Reserve Chart Book, multiply durable by .463 and nondurable by .537. Construction contract indexes bared on Z-month moving averages, centered at second month, of P. W. Dodge data for 27 Eastern States. To convert indexes to value figures, shown in Federal Reserve Chart Book, multiply total by $410,269,- 000, residential by $184,137,000, and all other by @226,132,000. Employment index, without seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics.
image-container-1 2. INDUSTRIAL PRODUCTION (1923-1926 averare * 100) Adjusted for Without seasonal variation seasonal adjustment 1940 1939 1940 1939 May 1 Aar. May May 1 Apr. May MANUFACTURES Durable goods Iron and steel 109 92 73 119 102 79 Pig iron 101 90 55 103 95 56 Steel ingots 110 92 75 120 102 82 Automobiles p95 105 73 pll5 128 88 Plate glass 130 136 89 136 149 93 fin deliveries •« , , •. 135 147 102 Beehive coke plO 8 2 p9 9 2 Nondurable goods Textiles p99 95 104 pi 00 98 104 Cotton consumption 116 113 110 119 121 114 Silk deliveries 55 64 76 54 64 75 Slaughtering and meat packing 100 103 94 97 92 92 Hogs 96 96 84 92 86 81 Cattle 102 109 104 99 96 101 Calves 106 106 108 120 115 122 Sheep 145 144 142 142 135 139 Wheat flour 92 95 95 87 86 90 Sugar meltings 78 75 72 87 87 81 Leather and products plOO 101 115 p92 99 106 Tanning * 82 93 * 80 88 Cattle hide leathers * 80 91 * 80 87 Calf and kip leathers * 72 89 # 65 85 Goat and kid leathers * 97 103 * 96 96 Petroleum refining * 219 211 * 219 211 Gasoline • * * 273 269 Kerosene * 131 124 130 119 Fuel oil • • • • 153 Lubricating oil .. •• * 142 119 MINERALS Bituminous coal p91 92 46 p79 77 40 Anthracite p57 54 73 p57 56 73 Petroleum, crude pl87 192 175 pl89 192 177 Zinc 111 115 89 112 120 SO Silver * 116 71 $ 117 69 Iron ore 110 •• 55 166 •• 82 p—Prel Imlnary. * Data not yet available, • •
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Date: June 18, 1940
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