Full text of G.12.3 Industrial Production : May 21, 1943
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BOARD OF GOVERNORS OP THE FEDERAL RESERVE
R&S BI - 225*!
May 21, 1945
For release In morning papers
Saturday, May 22, 1945
BUSINESS INDEXES
1955-39 average - 100 for Industrial production and freight-car loadings $
1959 « 100 for factory employment and payrolls;
1925-25 average • 100 for all other series
Industrial production
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
Bondurable goods
Freight-oar loadings
Department store sales. value
Department store stocks , value
Adjusted for
seasonal variation
" 1645
' ' 1942
Apr.
Apr. | Mar.
Without
seasonal adjustment
1942
1943
Apr.
Apr. | Mar.
p205
202
175
p201
199
172
p216
pSOO
pl48
pl51
215
298
147
155
182
254
159
125
p215
p500
pl46
pi 24
212
296
144
124
181
254
158
126
85
42
119
128
82
165
84
44
117
145
96
185
168.4
224.8
125.9
147.1
180.2
121.0
167.5
224.1
122.6
146.5
180.0
119.8
504.4
420,4
191.0
221.4
287.2
167.0
*
$
$
pl68.2
p225.8
pi 22.8
.•»• •
••
*
*
*
pl67.4
p225.6
pl21.6
•t
.
*
* *
'
*
# #
141
156
143
152
150
156
pl50
156
117
pl56
121
115
90
118
92
122
*
*
•
p—Preliminary or estimated.
*Data not yet available.
Botes—Production, earloadings, and department etore 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 P. W- Dodge data for 37 Eastern States. To convert indexes to
value figures, shown in the Federal Reserve Chart Book, multiply total by $410,
268,000, residential by 9184,157,000, and all other by *226,132,000.
Employment indfex, without seasonal adjustment, and payrolls index compiled
by Bureau of Labor Statistics.
INDUSTRIAL PRODUCTION
{1925-39 average • 100}
Adjusted for
seasonal variation
- - »|9fi , - 1942 tor.
kasofactubbs
... 209
Zroa and steel
197
Pig iron
Steel
285
Open hearth and Bessemer
186
680
Electric
Machinery
p362
p692
Transportation equipment
Honferrous metals and products
pl94
Lumber and products
pl26
pll6
Lumber
Furniture
pl43
Stone, elay, & glass products
p!46
»
Cement
42
Polished plate glasfc
pl58
Textiles and products
Cotton consumption
166
Rayon deliveries
pl82
.foopt tWEfcUeg ... .
*
•
m Leather products
•
Tanning
Cattle hide leathers
,*
*
.
Calf and kip leathers
*
Goat and kid leathers
•
Shoes
Manufactured food products
pl60
Wheat flour
121
Meatpacking
pl43
Other manufactured foods
pi 56
Tobacco products
Cigars
Cigeretter
Manufactured tobacco 4 snuff
*
Paper and products .
Paperboard
ISO
"*
'•*•
• #.
. • newsprint production
Printing and publishing
pill
newsprint consumption
100
210
202
233
188
669
559
683
192
124
114
144
149
146
59
167
166
161
164,
111
113
126
92
93
110
152
126
154
156
131
101
159
87
135
150
•
• gQ
110
97
199
192
219 "
181 487
273
350
177
132
127
142
154
167
43
157
177
170
130
131
147
93
116
130
156'
98
142
137
127
120
140
97
148
157
"1W
117
98
Without
seasonal adjustment
1942
Apr.
Apr. | Mar.
209
197
235
186
680
p362
p592
pl94
pi 25
pll6
pi 43
pK2
210
202
233
188
659
359
583
192
119
106
144
133
*
126
39
42
plS8
157
166
166
pl82
181
164
*
•
114
*
113
*
.
127
»
90
*
93
*
114
p!35 * '134'114
123
pl35
140
pl37
138
123
93
148
89
.* . 137
150
ISO
90
pU7
114
107
101
199
192
219
181
487
273
350
177
132
127
142
151
161
43
157
177
170
153
131
131
147
90
119
131
123
92
134
121
119
114
130
96
151
167
109
123
106
INDUSTRIAL PRODUCTION
(1936-39 average * 100)
--
—
*
* -
:
. .
:
*•;. Adjusted "for
f seasonal variation ~
'.IMS
1*42
Apr.
Apr. I Mar.
Without
seasonal adjustment
1542
191:
Apr, ! Mar.
Apr.
pl69
pl58
p640
p217
169
156
646
211
162
182
614
168
pl69
pl68
p640
p£20
169
168
546
216
162
158
614
168
pi 31
pi 51
pl29
pi 23
pl32
236
plM
161
ite
pi 23
133
235
121
160
122
109
162
217
pl31
pl61
pl29
pl23
P84
60
pl33
161
128
pl28
68
121
160
122
109
166
237
144
189
131
98
183
66
138
62
136
178
100
90
rl60
218
142
81
MANUFACTURES (Cont'd.)
Coke
. Byproduct
Beehive
Chemicals
' MINERALS
Fuels
Bituminous coal
Anthracite
C-ude petroleum
Metals
Iron ore
'
p.rpreliminary or estimated.
»6ata not yot available.
FREIGHT-CAR LOADINGS
(1956-39 average * 100)
Coal
Coke
Grain
; V'\
Livestock Forest products
Ore
Miscellaneous
Merchandise, l.c.l.
168
208
146
.118
138
p205
142
62
140
182
152
117
133
216
141
61
160
200
117
101
rl60
289
141
80
133
183
124
106
138
106
143
63
r—Revised. ' '' ' '' ' ' ' " .
,
. V
'
' . ' '
Bote:—To convert coal end ydsoellapsoue Indexes to points in total index, shown
in the Federal Reserve Chart Book, multiply eoal by .213 and miscellaneous
by .548 *
"
@FedFRASER