Full text of G.12.3 Industrial Production : May 17, 1954

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

e
BOARD OF GOVERNORS OF THE FEDERAL RESERVE & B 1

ISTFILBS :
!'AY 1H"0O4

For immediate release, Monday, May 17, 19)4
G.12.3

1 iON

— M a y 17, 193%
BUSIHESS URESES
1947-^9 average = 100.
1

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Major consumer durables l/.
Total
Construction contracts,
value 2/
Total
Residential
All other
Employment and payrolls 3/
Monagricultural emp.,total
Manufacturing prod, workers
Employment, total
Durable
Nondurable
Payrolls, total
Freight carloadings kj

Unadjusted
Seasonally adjusted
1
1
1954
1953
1954
1#3
Apr. 1 Mar. 1 Feb. Apr. Apr. 1 Mar. 1 Feb. 1 Apr.

pl23
pl24
pl35

Pll3
!PU2

123

124

136 P123

125

126

136

138 pl24
155 P138
121 pill

127
140
114

139
159
118
115

124

126

135
113
113

139
113
113

115

pll2

110

128
l4l
114
110

120

123

148

P129

127

124

152

191
205

196
201

192

179
179
179

194
216
180

171
180
165

205
210
202

110.7

111.3

113.8 P109.7 109.4

109.6

113.1

|

|P124
1
|
1 n*a#
n.a.
n#a*
plio.l

182

n.a.
n.a.
n.a.

P102.7 103.9 104.6 113.9 pl01.6 103.6 104.3 112.7
P109.0 110.8 112.4 125*0P109.0 111.2 112.7 125.0
94.6
98.3
P 95.3 95.8 95.5 1006 P 92.8 94.6
el34.7 138.4 140.5 152.0
83

85

88

97

81

79

81

96

Department store sales, value el07

105

109

110

el06

89

86

104

Department store stocks,value

121

U9

125

126

114

132

1/
2/
3/
4/

n.a.

n.a.

A comprehensive revision of the index of major consumer durable goods output will
be presented in the May 1954 Federal Reserve Bulletin, together with a new
index of total consumer durable goods output.
Construction contract indexes based on 3-sont.v moving averages, centered at
second month, of F. W. Dodge data for 37 Eastern States.
The unadjusted indexes of employment and payrolls are compiled by or based on
data of the Bureau of Labor Statistics. The figures on employment and payrolls
Incorporate revisions to first-quarter 1953 benchmark levels.
Total index converted to a 1947-49 base for comparative purposes.

e—Estimated



p--Preliminary

n.a.—Not available

1

2.
INDUSTRIAL PRODUCTION
(1947-49 average • 100)

Unadjusted
1
1954
1953
1953
Apr. PApr. 1 Mar. I Feb. | Apr.

j
1
1954
ipAur. 1 Her. 1 Feb.

DURABLE MANUFACTURESi
Primary metals
Metal fabricating
Fabricated metal products
Machinery
Nonelectrical
Electrical
Transportation equipment
Instruments
Clay, glass and lumber prod.
Stone, clay and glass prod.
Lumber and products
Furniture and miscellaneous
Furniture and fixtures
Miscellaneous manufactures

105
14?
118
139
125
166
174
138
122
n.a.
n.a.
118
103
127

109
153
121
146
132
173
180
141
122
128
117
121
106
131

113
155
123
147
134
172
181
14?
120
126
116
122
107
133

141
173
139
167
150
199
198
155
130
134
126
132
121
140

113
91
n.a.
109
n.a.
116
102
120
n.a.
137
n.a.
104
126
125
134
134
120
121
144
138
148
145
118
131
108 1 98
108
98
n.a.
108

102
94
110
107
116
100
126
135
121
142
149
121
98
98
n.a.

102
95
111
108
114
102
124
133
118
143
150
126
96
96
96

108
109
107
121
140
104
128
136
123
144
150
127
100
99
104

114
75
133
121

113
61
138
95

113
68
135

114
74
133
121

104
147
120
139
126
163
171
139
123
131
116
119
104

*29

109
151
123
l4i
130
163
178
14?
125
130
120
120
103
132

136
169
138
164
147
195
190
153
127
134
120
134
124
l4l

96
91
103
102
112
93
123
131
118
139
145
123
106
107
n.a.

95
90
100
102
110
94
123
129
119
140
145
126
105
106
98

113
62
138
112

113
68
135

109
151
120
142
128
170
181
139
125
n.a.
n.a.
116
101
126

NONDURABLE MANUFACTURES:
Textiles and apparel
95
Textile mill products
n.a.
Apparel and allied products n.a.
Rubber and leather products
101
Rubber products
n.a.
Leather and products
##&*
Paper and printing
124
Paper and allied products 1 132
Printing and publishing
119
Chemicals and petroleum prod. 138
Chemicals and allied prod.
144
Petroleum and coal products 122
Food, beverages and tobacco
106
Food and beverage mfrs.
107
Tobacco manufactures
n.a.
MINERALS:
Mineral fuels
Coal
Crude oil and natural gas
Metal, stone and earth min.

p--Preliminary



115
58
141
101

112

115
58
141
101

94

n.a.—Not available

3

INDUSTRIAL PRODUCTION
(1947-49 average = 100)
Without seasonal adjustment

Primary metals
Ferrous metals
Pig iron
Steel
Castings and forgings
Honferrous 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
Instruments and related products
Stone, clay and glass products
Glass and pottery products
Lumber and products
Lumber
Furniture and fixtures
Miscellaneous manufactures
Textile mill products
Cotton and synthetic fabrics
Cotton consumption
Synthetic fabrics
Wool textiles
Knit goods
Apparel and allied products
Men's outerwear
Women's outerwear
. ••• •
Misc. apparel, etc.

n.a.--Not available




98

INDUSTRIAL PRODUCTION
average » 100)
Without seasonal adjustment
1953

195b
1 ?eb,

| Jan.

Mar,

I Feb,

116
108. .
100
109
135
147
127
131
121
120
121
11*9
1U7
121
131
135
129
86
98
98
115
1(%
71
102
95
99
99
102
n.a«

lilt
112.
102
110
133
11*5
127
130
118
lilt
120
150
11*8
126
136
lltl
135
90
98
112
96
72
101*
97
89
86
86
96

Ill*
96
91*
102
126
11*2
122
128
116
. 108
121
11*6
li*5
125
131*
11*0
131
97
97
101
126
86
76
106
95
82
78
79
98

11*3
138
110
118
136
11,1*
127
138
123
125
122
11*9
15U
127
132
137
132
111*
99
99
117
100
75
102
100
99
100
103
113

11*0
135
112
120
133
11*2
127
136
118
115
120
11*7
150
128
131*
11*1
131*
113
97

61
138
76
n.a.
Hit

68
135
75
1*2
113

71*
131*
71*
39
108

7h
132
88
53
116

77
131*
85
1*5
112

Mar.
Rubber products
Tires and tubes
Leather and products
,
Shoes and slippers
Paper and allied products
Wood pulp
Paper and board
Paperboard
Printing and publishing
Newsprint consumption
Job printing and periodicals
Chsmicals and allied products
Industrial chemicals
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
Tobacco manufactures
Coal
Crude oil and natural gas
Metal mining
Iron ore
Stone and earth minerals

•

'
'

,

;

. V ;

'•
i

96

99

118
89
79
102

99

91
88
90
117

Note,—Groups and subgroups include individual series not published separately, and
metal fabricating contains'the ordnance group in addition to the groups
shown.
n.a,—Not available,'