Full text of G.12.3 Industrial Production : March 25, 1943

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RgD'D IN FIXES SECTION
BO&RD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEI
For release in morning papers
Friday, March 26, 1943

r,*AR2 71943

March 25, 1S43

BUSINESS IKDEXES
1955-59 average *= 100 for Industrial production and freight-oar loadings;
1959 *= 100 for factory employment and payrolls;
1923-26 average « 100 for all other series

-

Industrial {.reduction
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
Adjusted for
seasonal adjustment
seasonal variation
1942
1943
:1 1942 :I
' 1943
Feb. | Jan. j Feb.
Feb.
Jan.
Feb.
p203

199

172

pi 98

194

167

p21S
p298
pl48
pl32

212
291
149
126

179
225
142
133

p211
p295
pl43
pi 22

208
287
143
117

175
221
138
125

* . , • Pl57

128
100
151

pll2
p67
pl49

111
89
129

. *

^

*

pi 68 a
p223»0
pl24 e 9

p80
pl83

167.3
219.3
126.3

143.7
173.3
120.4

•#

•#

s#

•«

«•

*

*
*

pl66.6
p222.0
pl23.0
*
*

*

' * #

165.0
218.1
123.1

142.3
172.3
118 .6

291.2
3S9.9
185.0

208.2
265.8
161.9

141

135

139

130

124

129

p!65

143

126

pi 30

111

99

pl04

102

93

98

#

*

Note t—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 minerals by .152.
Construction contract indexes based on 3-month moving averages, centered at
second month, of F. ff. Dodge data for 37 Eastern States, To convert indexes to
value figures, shown in the Federal Reserve Chart Book, multiply total b-' #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.



2.
INDUSTRIAL PRODUCTION
(1936-39 average - 100)

• "r • « • «

.

, Adjusted for
seasonal variation

MtSOFACTORBS

Iron and steel

20?
200
230
184
559
p354
Machinery
p586
Transportation equipment
Nonferrous metals and products
1*198
pl28
Lumber and products
pl20
Lumber
. pl'44
Furniture
Stone, olay, & glass products
*
Cement
40
Polished plate glass
Textiles and products
pl57
Cotton consumption
171
pi 80
Rayon deliveries
*
Wool textiles
<,
Leather products
pll9
*
Tanning
*
Cattle hide leathers
*
Calf and kip leathers. .
*
Goat pnd kid leathers
Shoes
piie
Manufactured food products
pl67
Wheat flour
130
Meatpacking
pi 62
Other manufactured foods
pl63
Tobacco products
131
Cigars*
116
Cigarettes
163
Manufactured tobacco & snuff
86
*
Paper and products
Paperboarti
143
Newsprint production
93
Printing and publishing
pll2
Newsprint consumption
99
Pig iron
Steel
Open hearth and Bessemer
Electric

p—Preliminary or estimated.




im.

... •-•rm".
• . .»»»»<. -,

.

... Without
seasonal adjustment
1942
1943
Feb.
Feb. t Jan.

1848
• Eel>»
'

•

-•

•

805
194
197
189
225
211
181
178
448
539
347
259
564
" 314
200
187
124
144
116
" 143
141 '
147
163
158
169
162
38
47
157
156
171
174
180
174
153
153
121
rl25
122
' 127
143
rl40
.95 .
93
91
rl21
120
rl24 '
159
139
129
110
145
141
167
142
140
130
127
126
162
144
94
93
131
151
137
167
92
110
113
125
102
103
r—jtevised.

. „ = . ...
20?
200
230
184
559
p354
p586
p!98
pi 14
p99
pl44
*
\*

40
pi 57
171
pl80
*

pi 24
*
. *

*
*

pll7
pl37
129
pl47
pl42
122
• 101
144
85
*

143
92
pll3
98

203
197
225
181
539
347
564
200
108
91
141
138
139
38
157
171
180
153
119
123
144
93
91
'
117
142
130
171
147
132
- 103 '
159
91
130
137
92
111
97

194
189
211
178
448
259*
314
187
128
118
147
132
132
47
156
174
174
153
rl32
rl39
155
98
rl26
rl2t
121
109
135
124
121
109
136
92
153
167
108
126
102

•Date not yet available.

INDUSTRIAL FROOTCTIOH
(1936-39 average * 100)

•

*

Without
seasonal adjustment

v'" * Adjusted: for - - seasonal variation

-I •

Feb.

*" *

1

Feb,

Jan.

urn
Feb.

Feb.. 1

*

MANUFACTURES (Cont'd)

--

Petroleum and coal products
Petroleum refining
Gasoline „
Fuel oil
Lubricating oil
Kerosene
Coke
Byproduct
Beehive
Chemicals

p!67
pl57
p511
p20B

117
109
99
137
111
104
166
157
484.
207

129
124
121
129
131
123
rl62
152
r510
161

pisi
pl57
pi 29
pl21
plS7
234

124
146
102
118
137
232

150
141
121
127
153
214

*

•

pl02
*
*

.

*

*

pl67
pl57
p511
p209

U6
109
99
137
108
106
166
157
484
206

pl31
pl67
pi 29
pl21
p73

124
146:
102
lie
73

'

*

pl02
$
* •
*

129
124
' 121
129
129
129
r!62
182
r5i0
161

MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore
p—Prelininary or estimated.

r«~Revleed•

150
m
121
127
82

* Data not yet available.

FREIGHT-CAR LOhDISGS
(1935-39 average - 100)
Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, l.c.l.

'

127
154
170
113
135
193
153
' - 61

119
161
157
102
130
202
149
57

116
150
131
95
159
187
151
10Q

" Ml U&

1

145
189
142
90
129
48
137
58

136
195
158
98
117
50
132
56

152
184
> iio
76
165
47
135
•

—...

S e t e T o convert coal and miscellaneous indexes to points in total index, shown
in the Federal Reserve Chart Book, multiply coal by .213 and miscellaneous
by ,648,