Full text of G.12.3 Industrial Production : March 27, 1947

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

i s rnmSBOBGL',
APR!

BOARD OF GOVERNORS OP THE FEDE.-Ai RESERVE SYST 1.

t947

Fbr release in afternoon papers, Thursday, March 27
March 27, 1 * 7

G . 1 2 . 5

BUSINESS INDEXES
1939 average • 100 for factory employment and payrolls;
1923-25 average * 100 for construction contracts $
1935"39 average • 100 for a l l other s e r i e s .
Without
seasonal adjustment
1&7
fe)b. | , Jan. j Feb.

Adjusted f o r
seasonal variation
T&5T
w
' Ft-'b m
Fob.
I Jan
Industrial production
Total
Manufactures
Total
Durable
Nonuurable
Minerals
Construction contracts, value
Total
Residential
A l l other
Ffectory employment
Total
Durable goods
Nondurable goods
Factory payrolls
Total
Durable goods
Nondurable goods
Freight carloadings

pl88

108

152

pi 84

184

148

pl96
p222
P176
pl45

196
220
177
145

15u
138
167
141

pl92
p219
pl71
pl40

192
218

liiO

151
136
162
134

l4o

136
95
169

120
119
120

117
85
144

pl50.5
pi74.7
pi 31.4

149.8
173.1
131.4

121.9
122.6
121.4

*
*
*

300.3
329.2
272.0

210.5
199.6
221.3

*

ii+i+

*
P151.0
P175.0
pl32.1

148
150.3
173.4
132.1

122 J*
122.9

122.0

172

l4«->

150

126

133

138

119

Department store s a l e s , value

P223

265

250

p270

209

207

Department store stocks, value

p280

266

171

P 257

235

158

p—Preliminary.

* Data not yot a v a i l a b l e .

Kotej—Production, carloadings, and department s t o r e sales indexes based on d a i l y
averages. To convert durable manufactures, nondurable manufactures, and
minerals indexes to points i n t o t a l index, shown i n 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
a t second month, of F. If. Dodge data for 37 Eastern S t a t e s . To convert indexes
to value f i g u r e s , shown in Federal Seserve Chart Book, multiply t o t a l by
4410,269,000, r e s i d e n t i a l by vl«k,137.000 tnd allother by 5226,132,000.
Employment ind^x, w i t h o u t aoascw.l adjustment, and p a y r o l l s index
compiled by Bureau of l a b o r S t a t i s t i c s .



2.

INIWSTRIAL fK. UUC TION
( a v u r c gfc s 100)
Adjusted f o r
seasonal v a r i a t i o n
1946
1%7
Feb.
i^sbe , | Jan,
MANUF&CWRES
Iron and s t e e l
Pig iron
v
Steel
^
Open hearth |
Electric
(
Machinery
§
Transportation equipment
Automobiles 1 / :
Kord'erous metals #nd products
Smelting and r e f i n i n g
lu%uber md producis
lu.nber
j
Furniture
?
Stone, c l a y , and { l a s s products
Plate glass
;
Cement
|
Clay products f
Gyrsum and plas&er products
Abrasive & asbeStos products
Textiles and products
Cotton consumption
Rayon d e l i v e r i e s
Wool t e x t i l e s }
Leather products (
Tanning;
C a t t l e hide l e a t h e r s
Calf and kip l e a t h e r s
Goat and kid l e a t h e r s
Sheep and lam^ leatiiers
Shoes
f
Manufactured food(products
Viheat flour
|
Iieatpacking
|
Other manufactured fbods
Processed f r u i t s & vegetables
r - - F r e 1 xminary• " ;

*"r'r

pl9l
*

208
174
451
p278
p232
P187
p202
*

Pl45

pi 36
pl 63
P 219
154
*

pl64
p2J0
P 267
pl?l
161
p260
*

m
m
*
*

*
$

pi 57
Pi 58
p l 59
pl6o
P137

Without
seasonal adjustment
r 1946
1947
Feb.
Jan.
Feb.

192
P191
43
*
48
192
206
208
46
38
174
177
106
451
413
188
p278
276
229
199
P232
181
98
, P187
p202
203
141 '
•
128
184
19
142
P132
r
131 ' 'r 108
P117
161
pl63
139
p206
219
185
106
11+9
154
*
182
149
168
144
P%56
201
226
p219
p26?
264
197
160
pl?i
172
161
161
146
p26o
261
237
*
171
171
•
116
133
*
126
112
*
146
127
*
96
99
*
"68
64
*
117
146
*
pll8
138
160
162
pi42
162
163
P159
178
163
P152
166
pi46
165
p86
146
157

192
192
206
177
413
276
229
181
203
184
126
107
161
207
149
148
156
216
264
172
161
261
171
116
113
129
95
68
109
piia
149
162
191
152
102

45
48
46
33
106
188
199
98
141
128
110
95
139
174
106
113
138
191
197
160
146
237
171
137
136
157
104
67
160
138
145
165

111
150
92

* Data n o t , y e t . a v a i l a b l e .

If This s e r i e s i s f c u r r e n t l y based upon man-hour s t a t i s t i c s f o r p l a n t s c l a s s i f i e d
i n the automobile and automobile p a r t s i n d u s t r i e s and i s designed t o measure
productive a c t i v i t y during thu month i n connection v i t h oosenbly of passengor
c a r s , t r u c k s , t r a i l e r s , and b u s s e s ; production of bodies, p a r t s , and accessori e s , including replacement p a r t s ; and output of nonautomotive products made
in the p l a n t s covered.




INDUSTRIAL PHOHJCTION
(1935-59 average = 100)

3.

Adjusted f o r
seasonal v a r i a t i o n
1W
1946
Feb# | J a n .
Kcb.

Without
seasonal adjustment
nw,
mi
Fib. | J a n .
Fe-b.

M^HUFAC TIRES (Coated.)
Paper and products
papurboord
K:ewsprint production
P r i n t i n g :md p u b l i s h i n g
Kt-wsprint consumption
petroleum & coal products
Gr 50lino
Coke
Byproduct
Boohivo
Chemicals
Rayon
I n d u s t r i a l chemicals
Rubber products

*

181
89
Pi#
125
*

plU2
*
*

p4o4
p25U
p291
p435
p247

MIREKiJLS
FUvlS
Bituminous coal
!&ntiiracite
Crudo petroleum
hotels
tronoru

lli.0
155
86
123
108
lol
129
91
85
295
£32
255
379
216

P155
179
87
138
122
174
pi44
410
25U
288
a 30
247

*

181
89
P138
122
. m
plL2

P155
179
87
133
114
174
pi44

247

150
173
118
pl44
P77
69

149
160
121
147
47
22

*
*

p4o4
p25U
p291
PL35
p247

lhl

155
86
122
106
161
129
91
85
295
233
255
379
216

410
252
288

1*30

•

,

P 150
pl62
pl07
pl49
*

lii9
160
121
H*7
93

150
173
218
pi44
p l 15

Pl%>
Pl62
P107
pl49
*
*

* 1Date, not yut a v a i l a b l e .

p—Preliminary or estimated#
FREIGHT CaHLQADIMOS
(1935-39 average * 100)
Corl
Coko
Grain
livestock
F o r t s t products
On;
h;isccllaneou&
Sfcrchmdise, l#c*l#

149
171
147
111
166
172
145
76

163
175
157
123
163
176
152
77

~T55107
150
156
126
94
121
76

l49
182
144
89
159
43
136
74

163
184
157
118
147
44
139
74

' 155
114
147
126
121
24
113
75

Kottj—To convert coal end miscellaneous indexes to points i n t o t a l index, shown
in Fe deral Reserve Chart Book* multiply coal by .213
mis collaneous by .548.