Full text of G.12.3 Industrial Production : March 26, 1945

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3 B 6 p 5 5 i i
UAD O r? It
MAR 2 7 1 9 4 5
•BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYS DEM
For r e l e a s e I n a f t e r n o o n p a p e r s
Monday, Uaroh 26* 1945

.'*• 'ii.
,
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R&S BI - 247
March 26# 1945

R11
BUSINESS
.INDEXES
'
* 1* * : & *
, . P ? 9 . . « s r a s e - JOO f p r f a g t f f r y employment end p a y r o l l s ;
t r u s s * * .W.. W
postraots t
~
1955-59 average - 100 f o r a l l o t h e r s e r i e s
-

• i

-

;

- -

•V
, (
:
•V-.
Industrial production
Total
Manufactures.
Total
Durable
Nondurable
,
Minerals
Construction c o n t r a c t s , value
;
Total
|
Residential
t
All. other _ '
j
F a c t o r y employment
Total
j V
Durable goods
(
Nondurable gooda
Factory p a y r o l l s
Total
Durdblo goods
Nondurable goodsFreight earloadings

[

Department s t o r e s a l e s , v a l u e
Department s t o r e s t o c k s . i v a l u e

'

:— - Adjusted f o r
seasonal v a r i a t i o n
.....
l M 5
1944
Feb.
Feb.. I J a n .

Without
seasonal adjustment
1944
1945
Feb.
F@H * ( J a n .

.
p231

530

240

p249
p344
. pl7l
pl35

247
342
171
131

259
366
173
136

p2S5;

234

244 .

p252
P346
pl76 =
P;H2 1
f
p41 ;
pl2
p66

261
344
176
140

262
367
177
142

49
14
75

46
21
64

p35 ,
pll
p55

39 ,
11
61

pl60.4
p2l6.1
pll6.5

160.9
216.3
117.2

17* .6
241.5
121.9

pl59.9
p215.6
pll5.9

160.1
215.9
116.0

174.0
240.9
121.3

330.3
454.2
209.2

344.7
487.3
205.3

»
*
*

38
18
55

.139

143

rl42

. ISO

132

133

p211

200

175

p i 71

156

142

147

154

*

132

147

*

'

. N o t e . - • P r o d u o t l o n , | e a r l o a d i n g s , and department s t o r e s a l e s indexes board on d a i l y
, a v e r a g e s . To c o t i v c r t . d u r a b l e m a n u f a c t u r e s , nondurable m a n u f a c t u r e s , and m i n e r a l s
1
Indexes t o p o i n t # l a t o t a l index* shows t o F e d e r a l Reserve Chart Book# m u l t i p l y
d u r a b l e by .879,; nondurable by $469, and m i n e r a l s by . 1 6 2 .
C o n s t r u c t i o n c o n t r a c t indexes based on 3*»onth moving a v e r a g e s , c e n t e r e d a t
, second month, of; F . W* Dodgo d a t a f o r 37 E a s t e r n S t a t e s . To convert indexes t o
valitp f i g u r e s , shown i n t h e F e d e r a l . Reserve Chart Book, m u l t i p l y t o t a l by
$110,269,000, r e s i d e n t i a l by #164,157,000, and a l l o t h e r by $826,132,000.
. ~ - - 8 m p l o y » e $ * ifide*# w i t h o u t s e a s o n a l adjustment* and p a y r o l l ' s i n d e x compiled
by Bureau of Labor S t a t i s t i c s . Tijcujx^s wcro r r v i s ^ d beginning Jenunry 1042,




INDUSTRIAL PRODUCTION
(1935-59 average • 100),
Adjusted f o r
@e&aawl v a r i a t i o n
1945
1944
1 3*n« . FeU.
MANUFACTURES

• Without,
s e a s o n a l adjustment
1944
1945
#eti«
Feb* § JAQ«

'!

Iron and s t e e l
p203
,197
- Pig iron
188
Steel
219
327 .
0p6n hearth
,
180
176
Electric
«
55a
625
Machinery
p434
430
Transportation equipment
p 701
! 70S
Automobiles
p236
238
Nonferrous metals and products
*
240 •
Smelting and r e f i n i n g
*
187
Lumber and products
pl24
126
Lumber
pll4
118
Furniture
p l 4 3 - 142
Stone# c l a y , and g l a s s products
pl65
166
Plate g l a s s
56 S 60
Cement
87
Clay products
pl21
125
Gypsum and p l a s t e r products
j>185
182
Abrasive arid asbestos products
p307
303
T e x t i l e s and products
pl53
150
Cotton consumption
152
145
Rayon d e l i v e r i e s
215
215
Wool t e x t i l e s
147
Leather products
*
i
115
$
Tanning
112
Cattle hide leathers
134
*
Calf and kip leathers
85
Goat and kid leathers
68
/
*
m
Sheep and lamb leathers
153
*'
Shoes
pl!6
Manufactured food products
plB6:
156
Wheat f l o u r
, * pl31
-130..
Meatpacking
pl41
146
Other manufactured foods
pl64
165
Processed f r u i t s and vegetables
pl62
163
Tobacco products
128
•
Cigars
*
101
Cigarettes ,
147
*
Other tobacco products
95




1

*

*

*

*

*

-

*

'

212
p203
197
207
188
238
227
219
188
180
176
578
559
523
*458
p454
430 ,
746
p701
705.
238
p236
235
*
285
240
*
299
187
131
pll4
113
122
p99
99
150
pl45
142
168
pl58
160.
58
56
60
*
88
71
.
131
pllS
. 116
198
p i 76
176
312
p307
303
152
pl53
.160.
151
152
145
187
215 .
215 .
*
159
147
111
11S_
*
105
112
*
110
126
*
76
.. 83
•
84
68
*
161
143
*
114
pll6
158
pl40
143
125
pl32
130
215
• 171- • -.
pJ35
157 . p l 4 7
148 " f
140
pl02 ,
106
119
125
*
*
92
101
.»
145
147
79
93
. *
- #

•

212
207
236
188
578
468
746
238
285
299
122
107
150
161
68
67
125
191
312
152
151
187
159
114
113
119
79
88
177
114
143
127
207
142
89
114
92
136
77

. i gfita not y e t a v a i l a b l e .

i

I
3.
IHSITRIAL PRODUCTION
(1935*39 average = 100)
A d j u s t e d tor
seasonal v a r i a t i o n
1945
1944
Feb.
Feb. ! Jan.

Without
seasonal adjustment
1944
1945
Feb.
Feb. I J a n .

lANUFACTURES ( C o n t ' d . )
Paper and p r o d u c t s
Paperboard
Newsprint p r o d u c t i o n
P r i n t i n g and p u b l i s h i n g
Newsprint consumption
Petroleum fend oo&l p r o d u c t s
Petroleum r e f i n i n g
Gasoline
Fuel o i l
.Lubricating o i l
Kerosene
Coke
Byproduct
Beehive
Chemicals
Rayon
I n d u s t r i a l chemicals
Rubber

p377
p318
*245
p397
p245

136
153
76
102
85
270
286
143
171
129
126
167
162
333
316
244
396
246

138
148
74
102
85
230
238
128
161
126
124
176
166
503
359
229
406
244

pl47
pl50
pll2
pl4S
•m

145
151
96
118
111

145
162
143
139
127

*

152
*

pl02
84
*
. *

pl46
*
*

*
*
*

*

152
*

plOl
83
#
*

pl46
*
*

*
*

*

p377
p319
p245
p397
p245

136
153
76
99
79
270
266
143
171
129
126
167
162
333
315
244
396
245

139
148
74
101
83
230
238
128
161
124
130
176
166
503
360
229
406
244

145
151
96
148
67
63

145
162
143
139
85
72

MINERALS
Fuels
Bituminous c o a l
Anthracite
Crudo petroleum
Metals
Iron ore
p—Preliminary or estimated#

pl47
pl50
pll2
pl49
*

65

* Data not y e t a v a i l a b l e *
FREIGHT CARLOADINGS
(1935-39 average = 100)

Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise# l . c . l .

139
178
119
121
133
168
152
66

141
176
128
120
142
161
157
66

rl48
180
148
135
146
193
117
67

139
188
117
97
128 *
42
142
64

111
185
128
115
128
40
143
63

rl48
191
145
108
140
48
138
64

r w R o vised#
H o t e # ~ T o convert c o a l and miscellaneous indexes t o p o i n t s i n t o t a l index# shown i n
t h e F e d e r a l He servo Chart Book, m u l t i p l y coal by .213 and miscellaneous by •548#