Full text of G.12.3 Industrial Production : March 18, 1941

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

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SY&TC#
Released for publication
Wednesday morning, March 19

y R&s Bi ^
' March 16, 1941
BUSINESS INDEXES

(1935-39 average * 100 for industrial production;
1923*25 average » 100 for all other series)
Adjusted for
seasonal variation
1941
1940
Feb.
Feb. 1 Jan.
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-car loadings
Department store sales, value
Department store stocks, value

Without
seasonal ad justment
I 1940
1941
Feb. 1 Jan. ( Feb.

pl41

159

116

p!38

133

113

pl45
pi 73
pl22
pll8

145
170
121
US

116
124
110
114

pl42
pl68
pl21
pll5

137
161
117
113

114
121
109
112

p88
p79
p96

103
34
117

63
56
68

p77
P 71

84
70
95

54
50
58

*
*
*

118.3
121.1
115.6

105.8
100*2
111.1

p81
*
*

*

..

m *

*

# 0

# *

*

*

115.5
118.3
112.7

105.0
99.2
110.5

120*7
131.9
108 .0

99.3
97.6
101 .0

86

86

73

79

78

68

pl02

101

90

p81

79

71

*

71

71

$

64

68

P—preliminary#
' ' ' '
*'
* Data not yet available»
Mote s —Procuetion, oarloadings, 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 .376, nondurable by .469, and minerals by .152.
Construction contract indexes based on 3-month r.oving averages, centered at
second month, of F* W . Dod&e data for 37 Eastern States. To convert Indexes to
value figures, shown in Federal Reserve Chart Book, multiply total by $410,269,000, residential by C1&4,137,000, and all other by $226,132,000.
Employment index, without seasonal adjustment, and payrolls index compiled
by Bureau of Labor Statistics.




2.
INDUSTRIAL PRODUCTION
(1935-39 average * 100)
Adjusted for
seasonal variation
1640
'
Feb.
Fet# 1 Jan.

mx

MANUFACTURES
Iron and steel
Fig iron
Steel ingots
Machinery
Transportation equipment
Automobiles
Sonferrous metals and products
Copper smiting
Zinc smelting
Copper deliveries
Zinc shipments
Lumber and products
Lumber
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
Came sugar meltings
Meat packing
Paper mid products
Paperboard
Printing and publishing
Sewsprint consumption
Petrolem and coal products
Petroleum refining
Gasoline
Fuel oil
Lubricating oil
Kerosene
Beehive coke
Chemicals
Rubber products
Rubber consumption
p—Preliminary,"
r-«8Ti»ed.



pl68
178
pl67
pl82
pl97
pi 56
pl84
pl41
155
p218
146
pl37
pl37
pl54
138
pl34
142
pl46
p66
pl36
pl08
*

•
-

*

*

pll3
p!16
105
pll8
pi 24
*

134
s
105

m

*

*
*
*
*

p298
*

pl49
152

174
186
173
173
188
149
181
134
150
212
142
137
139
154
137
134
138
154
69
134
107
102
115
88
80
109
115
98
124
114
128
138
110
103
121
117
117
120
112
120
314
123
138
140

118
136
117
123
138
129
142
131
135
145
122
114
114
113
112
108
115
143
64
93
98
96
100
86
r93
99
113
100
95
129
114
112
108
100
116
115
112
119
124
120
89
111
119
120

Without
seasonal adjustment
1940
1941
Feb.
Feb* 1 Jan,
pl72
176
pl72
pl81
pl97
pl57
pl81
pl39
158
p209
149
pl21
pll3
pl09
131
pl43
152
pl43
p67
pl49
P 117
*

*
*

*

p!21
plOl
104
pl!5
pll9
•

138
*

104
*
*

*
*

*
•

*

p402
*

pl47
149

170
177
170
168
186
151
176
133
153
200
149
116
113
110
144
137
144
150
72
136
104
103
116
87
80
105
103
99
103
133
127
132
108
96
120
115
113
123
108
126
367
121
142
144

121
134
120
123
139
130
<139
130
138
139
125
101
96
83
106
115
123
141
65
102
106
104
111
r92
96
107
99
99
93
124
116
115
109
99
115
113
109
120
122
121
120
111
117
117

* Data not yet available.

INDUSTRIAL PRODUCTION
(1935-39 average « 100)
Adjusted for
seasonal variation
1941"
r 1940 •
Feb. | Jan. [ Feb.
MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore
Copper
Lead
Zinc
Gold
Silver

pll4
*114
pl02
pll5
pl44
185
pl50
*

140
*

*

114
117
98
114
143
152
149
116
135
120
119

112
104
78
118
130
142
140
116
130
IIS
120

f

Without
seasonal adjustment
'1941
I 19^0
Feb. [ Jan. [ Feb.
117
130
114
111
$1

116
121
66
117
89

*

145
116
137
112
118

142
116
132
109
123

89
119
55
31
54
33
89
62

65
113
68
35
53
33
87
60

pll9
pl33
pll2
pl!4
p92

• -

—*•

pies
*

142
*

PREiGBT-CAR LOADINGS
(1923-25 average * 100)
Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, l.c.l.

75
89
71
38
56
138
104
65

75
96
76
36
60
149
102
65

68
65
75
40
44
107
83
61

"

80
88
69
33
43
26
71
59

p-^lieliailnary
* Data not yet available.
Bote; — t o convert coal and miscellaneous indexes to points in total index, shown in
Federal Reserve Chart Book* multiply coal by .210 and miscellaneous by .477.