Full text of G.12.3 Industrial Production : May 16, 1955
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BOARD OF GOVERNORS OF THE FEDERAL RESEliVE SYSTEM -y^ For immediate release, Monday, May 16, 1955 May 16, 1955 G.12.3 BUSINESS INDEXES 1947-49 average = 100 Unadjusted Seasonally adjusted 1955 1954 1955 Feb. pApr. Apr, pApr. |1 Mar. Mar. 1 Feb. Industrial production Total Manufactures Total Durable nondurable Minerals Consumer durable goods Tct&l Major consumer durables | Autos Household Other consumer durables Construction contracts, value Total Residential All other Employment and payrolls Ifonagricultural emp», total 1 Manufacturing prod, workers Employment, total Durable nondurable Payrolls, total Freight carloadings 1??4 Apr. 136 135 133 123 137 137 135 124 137 151 124 121 136 148 123 128 134 147 121 123 125 134 115 109 139 156 122 121 140 154 125 119 136 151 122 120 125 137 114 109 143 162 190 140 100 139 156 179 137 99 135 151 172 135 98 116 126 139 115 93 154 179 223 143 97 155 179 215 151 99 151 174 210 146 97 119 131 151 116 92 n.a. n.a. n.a. 260 291 239 261 297 238 196 213 184 n.a. n.a. n.a. 264 307 235 228 266 204 225 251 208 111.7 111.5 110.7 110.3 111.1 110.2 109.2 109.9 104.5 111.6 96.2 103.6 110.3 95.7 102.5 102.4 108.9.108.6 94.9 95.0 103.6 111.8 93,9 146.3 103.4 110.6 94.9 147.0 102.3 109.1 94.2 144.4 101.4 108.5 92.7 134.: — - - 93 93 Department store sales, value ell9 113 Department store stocks, value n.a. P123 92 ' — 84 112 . H I 121 . 120 87 85 81 100 ell5 n.a. pl27 88 117 110 127 90 Kote: Construction contract indexes based on 3-month moving averages, centered at second month, of F. W. Dodge data for 37 Eastern States. Employment and payrolls indexes are compiled by the Bureau of Labor Statistics. •--Estimated p—Preliminary n.a.—Not available INDUSTRIAL PRODUCTION (1947-49 average « 100) Seasonally ad-tusted 1955 »A®r. 1 Mar. TrSb7 ! i DURABLE MANUFACTURES: Primary metals Metal fabricating Fabricated metal products Machinery Nonelectrical Electrical Transportation equipment Instruments Clay, glass and lumber prod. Str-r.e, clay and glass prod. Lumber and products Furniture and miscellaneous F'xrniture and fixtures Miscellaneous manufactures - Unadjusted 1 1 1955 1W oAor. 1 Mar. 1 Feb. 1 Aj>r. 139 160 131 149 130 186 199 144 136 143 n.a. 126 113 135 135 158 126 146 126 185 196 144 134 141 127 126 111 136 131 157 126 146 125 187 193 142 133 138 127 123 109 133 103 147 119 138 125 163 174 139 121 128 114 117 103 127 145 166 132 152 133 189 215 146 138 143 n.a. 124 111 134 142 165 130 154 132 196 210 145 133 138 127 127 114 137 136 162 126 152 129 106 205 142 130 134 125 125 113 134 107 150 120 141 128 166 181 140 124 128 119 115 101 125 109 n.a. n.a. 124 21# A# 133 n.a. 123 154 n.a. 132 108 n.a. n.a. 10? 104 115 122 140 106 132 n.a. 124 153 160 133 108 108 n,a. 105 103 106 120 138 104 130 143 122 151 157 134 106 106 106 101 94 109 103 113 94 125 133 120 140 146 124 106 107 103 109 Qfftt n.a. 125 n.a. n.a. 135 n.a. 126 154 n.a. 128 100 n.a. n.a. 115 109 123 128 146 113 136 n.a. 126 156 165 132 100 99 n.a. 111 108 116 127 144 112 131 148 121 154 161 134 97 97 104 100 94 108 104 115 94 126 136 122 140 147 120 98 98 99 122 73 145 119 122 72 146 123 124 79 145 118 111 58 137 99 122 72 145 119 122 71 146 104 124 79 145 99 111 58 137 99 NONDURABLE MANUFACTURES: Textiles and apparel Textile mill products Apparel and allied products Rubber and leather products Rubber products Leather and products Paper and printing Paper and allied products Printing and publishing Chemicals and petroleum prod. Chemicals and allied prod* Petroleum and coal products Food, beverages and tobacco Food and beverage afire. Tobacco manufactures Ilea. MINERALS: Mineral fuels Coal Crude oil and natural gas Metal, stone and earth mln. p—Preliminary 11.a.—Rot available 3. INDUSTRIAL PRODUCTION (1947-49 average » 100) Without seasonal adjustment 1954 1955 Mar. | Feb. Jan. Mar. 1 Feb. Primary metals Ferrous metals Pig iron Steel Carbon steel Alloy steel Castings and forgings Nonferrous metals Fabricated metal products Structural metal parts Stampings and misc. metal products Nonelectrical machinery Farm machinery Industrial and commercial machinery Machine tools and presses Electrical machinery Electrical apparatus and parts Transportation equipment Autos Trucks • Aircraft and parts Railroad cars Stone, clay and glass products Glass and pottery products Cement Lumber and products Lumber Millwork and plywood Textile mill products Cotton and synthetic fabrics Cotton consumption Synthetic fabrics Wool textiles Knit goods Apparel and allied products Men's outerwear Women1 e outerwear Misc. apparel, etc# n.a.--Hot available 138 131 146 143 165 124 154 132 122 138 134 165 121 148 124 117 130 125 155 113 146 104 100 106 105 114 101 119 Ill 108 114 113 119 106 120 131 129 129 125 127 124 125 121 127 124 94 129 152 90 125 149 85 124 148 84 134 177 80 136 181 170 167 165 164 167 215 104 477 26 210 87 477 25 195 98 479 20 142 101 485 44 138 103 489 42 129 n.a. 129 115 126 119 121 118 120 110 109 216 108 207 101 195 109 164 109 160 118 105 14? 74 110 116 106 138 72 112 114 105 132 70 105 101 100 100 61 105 101 101 98 58 109 113 143 112 113 125 109 115 120 103 102 138 107 117 126 104 INDUSTRIAL PRODUCTION (1947-49 average = 100) Mar. Rubber products Tires and tubes Leather and products Leather Paper and allied products Wood pulp Paper and board Paperboard Printing and publishing Newsprint consumption Job printing and periodicals Chemicals and allied products Industrial chemicals Synthetic fibers Paints Petroleum and coal products Petroleum refining Gasoline Fuel oil Coke Food and beverage manufactures Food manufactures Meat products Dairy products Canned and frozen foods Grain mill products Bakery products Beverages Alcoholic beverages Beer and ale Coal Bituminous coal Crude oil and natural gas Crude oil Metal mining Iron ore Stone and earth minerals Without seasonal adjustment 1954 .. 1955 Feb. Mar. 1 Feb. 1 Jan. 133 134 130 108 112 n.a. 98 94 89 95 h.a. n»a. n.a. 166 139 145 158 132 136 148 127 131 145 127 130 132 123 121 121 114 120 120 121 114 120 182 192 119 176 177 116 169 171 116 150 142 115 150 135 115 139 143 145 102 144 147 152 98 142 146 146 96 129 135 127 86 136 141 135 90 100 128 104 76 101 94 n.a. n.a. 99 124 91 72 102 95 89 86 84 102 138 85 77 103 94 84 80 85 98 115 104 71 101 96 99 98 102 98 111 97 72 104 97 89 66 66 76 82 81 63 69 n.a. • 131 86 n.a. 123 131 85 39 113 130 79 36 115 125 73 39 114 122 76 42 113 Note.--Groups and subgroups include Individual series not published separately. n.a.—Hot available. 5. ® [H| O U T P m r o CONSUMER DURABLE GOODS (1947-49 average = ICO) Unadjusted 1955 Iter. 1 Feb. 1 Jan. 107 113 107 110 99 103 113 116 137 139 97 152 172 n.a. 222 71 512 131 135 96 140 181 120 226 68 527 128 133 79 137 190 115 225 73 515 104 108 82 117 129 91 151 43 356 96 102 97 99 100 97 88 100 Seasonally adjusted 1955 Mar. 1 Feb. 1 Jan. Mar. 109 114 1954 Mar. MAJOR HOUSEHOLD GOODS: Furniture and floor coverings Furniture Floor coverings —/ Appliances and heaters Major appliances Ranges Refrigeration appliances Laundry appliances Heating apparatus Radio and television sets Radio sets Television sets '/«•>• 111 115 108 110 -- -- 151 163 110 180 201 n.a. 260 80 604 138 149 104 152 207 102 272 74 648 124 134 81 147 177 93 260 73 618 117 12) 93 104 93 100 95 95 8? 102 -- 102 105 91 IM: 151 79 152 435 OTHER CONSUMER DURABLE GOODS: Auto parts and tires Misc. home and personal goods 1/ Publication suspended pending revision of data back to 1952. OUTPUT OF MAJOR HOUSEHOLD GOODS (19^7-49 average * 100) Mir. Woven carpets Gas ranges Electric ranges Refrigerators Freezers Washing machines Driers and ironers Vacuum cleaners Furnaces Water heaters Auto radios Household radios Table model TV Console model TV 86 92 139 120 167 169 485 121 104 n.a. 220 42 678 537 Without seasonal adjustment 1954 1955 Mar. 1 Feb. 1 Feb. 1 Jan. 83 91 125 109 150 173 507 102 89 137 212 36 673 625 84 71 98 108 149 141 494 93 84 119 204 37 568 663 83 77 120 93 120 139 256 94 70 105 105 34 482 392 85 71 124 98 120 144 292 77 62 114 118 32 385 408 Note.—For description and back figures see Federal Reserve Bulletin for May 195* pp. 438-452, reprint available on request. Back figures, not in Bulletin, on individual indexes for major household goods, without seasonal adjustment, also available on request to Division of Research and Statistics. n.a.—Not available.