Full text of G.12.3 Industrial Production : November 25, 1944

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F»3V 2 71944
,-t
BQrtRD OF GOVERNORS OF THE FEDERAL RESEtiVPWSrai
For release in morning papers
Monday, November 27, 1944

R&S BI - 243
Novmaber 25, 1944
BUSINESS INDEXES

1939 average » 100 for factory employment and payrolls;
1923-25 average » 100 for construction contracts;
1935*39 average • 100 for all other series
adjusted for
seasonal variation
1943
Oct,* | Sept,
Oct.
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
Nondurable goods
Freight oarloadings
Department store sales, value
Department store stocks,, value

Without
seasonal adjustment
[
1343
1">14
Oct. | Sept™. f Oct.

-

p230

231

247

p232

234

249

p246
p342
pl6B
pl43

247
344
169
143

266
374
179
136

p248
p343
pl71
pl45

250
345
173
146

269
375
183
140

p39
pl3
p61

39
13
61

49
34
61

p57
pl3
p57

40
13
62

47
33
58

pl54#l
p206.4
pll2.9

154.6
209.3
111.4

170.1
232.2
121.1
—

pl54.5
p206.6
pll3.5
*

156.3 170.5
209.6 232.3
114.2 121.7
312.9 332.6
428.3 468.8
200.2 199,6

—

mmm

..

—

m<m

•

—

—

137

159

137

148

150

147

pl94

183

174

p209

196

186

*

160

153

*

156

170

•
*

p—Preliminary
* Data not yet available.
Note*—Production, oarloadings, and department store 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 .376, nondurable by .469, and minerals by .152.
Construction contract indexes based on 3-month moving averages, centered at
second month, of F. If. Dodge data for 37 Eastern States. To convert indexes to
value figures, shown in the Federal Reserve Chart Book, multiply total by
1410,269,000, residential by $184,137,000, and all other by $226,132,000.
Employment index, without seasonal adjustment, and payrolls index compiled
by Bureau of Labor Statistics*



2.
i r n m m al ppopucfW:»;•
, (19^5-59. average •"100)
. "V, - «*.$.

V ..
—

•

• ....
~ *: • * : "'-4#V"
4 -2- *

MtiiOFACTURES

;

]
.j
Iron and steel
Pig iron Steel
.1
Open hearth
•
.Electric
•
Machinery
; Transportation equipment
.
JntoKobllce
*
Scoferrous metals and products
Smelting and refining
'
Lumber and products
Lumber
' '•
Furniture
Stonef olaye and glass products
Plate glad's
:
Cemwit
'i
..
Clay products
Gypsum and plaster products
Abrasive and asbestos products
Textiles and products
'
Cotton consumption
.;
Kayoh deliveries
'•
Wool textiles
!
leather-products
:
Tanning '
:
Cattle hide leathers '
•
.... Calf and kip leathers'
Goat fuadJdd leathers--•
Sheep and iamb leathers
Shoes
Manufactured food products
flhebt,flour
Meatpacking
Other manufactured jfoods
Rrocesped fruits and vegetables
Tobacco products
•
Cigars
.
- •<
,;
Cigarettes
•.
.
...;
Other tobacco products
•
'

p—Preliminary




4#%%- #«».*#-•»*-4$» A r

• ... .-Wjusttd for
—' 'ffBerfOIial' Variation
I 1945
~~ - m * x i
Oct." 1 Septrr m r

Without
Seasonal adjustment
1944
1843,
: Opt,V Sept.- Oct.

$

[202
215
205
197 , 196
202
224
222
242
183
186
191
;502
492607
p427458
431
780
p694 . 699
p226
228
247
*
239
286
303
pl96
206
121
128
>122
111
pll2
115
pl41
• 142
152
pl65
. 159
171
64
47
66
*
86
107
pll3
118
124
pl74
176
194
p285
292
326
pl44
147
152
140
, 148: rl57
197
196
186
*
143
154
pll7
121
110
m
120.
104
*
132,
102
#
92.
76
— •
- *
80
"95
•
156
173
pll6
122
114
pl50
146
146
117
P U 5 ....... w .
pl59
,161
' i68
, 147
146
P152
pl43
: 122
135
120 - . 124 ; 139
93 : : 95
100
142
• 149
173
93; ; : 87
93

215
205
202
202
. 197 .. 196
222
242
224
183 . 191
• 189
493 : 502 , 6Q7
431 r .458
p427
780
p694
'699
228
p226
'347
0
286
239
pl96
205
303 .
pl28
129
133
123 ; 124
pl21
142 '152..
pl41
178
pl61
163
66 . 47.
64
124
100
. "
pl20
122
131'
199
pl77
180
p285 . 292
326
152
pl44
147
140
148
rl57
197
196
186
*
143
154
pll8
120
110
*
• 104
118
*
129 •: 1&3 .
*
90
78' . &S:'
*
173
153
p!16
122
114
pl59
166
156
pl22 . 123
124 •
plS'i "" '" W
" TS6 , :
*
pl69
174
163
pl84
238
174
125
144 r
131
93
95
100
148
160
179
99
93
.99*

X

* Data hot: yet available..

INDUSTRIAL PRODUCTION
(1936-39 average '•*-100)
.,.4dji#ed.for
seasonal variation
14_, .y j 1943
- Y - i&l
Got*
i,i^.. J
MMUFACTUKES- (Cont'cl.)
Paper and products
Paperboard
Newsprint production
Printing and publishing
Newsprint consumption
Petroleum and coal products
Petroleum refining
Gasoline
Fuel oil
Lubricating oil
Kerosene
Coke
Byproduct
Beehive
Chemicals
Hay on
Industrial chemicals
Rubber

i

Without. ... ....
seasonal variation:
1944
1S43
dot. 1 Sept. dot.

•
*

168
s •pl02
89
*

•

*

pl40
*
*
* /
*
*

p393
p307
p240
p400
p228

-

142
169
84
99
83
258
271
141
162
132
126
168
162
392
308
238
402
230

140
148
83
110
96
207
212
122
161
134
113
169
158
535
397
225
396
234

147
151
129
148
116

138
144
127
137
123

*

158
*

pl04
93
#
#

Pl40
*
*

*
*
*

p393
p509
p240
p400
p228

141
<: 159
84
100
' 84
258
271
141
162
132
124
163
162
392
389
238
402
250

140
148
83
112
101
207
212
122
151
134
113
169
158"
536
400
226
596 *
234

MINERALS
pl48
pl52
pl33
pl17

Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore

*

—

p»«Preliminary or estimated.

pl48
pl62
pl33
pl47

• "

--

147
m
1*9
-

148
139

*

188 ~
U4 "
127
m
. 149
310

» 'Daia not yet available *
FREIGHT CARLQADINGS
(1936-39 average • 100)

Coal
Coke
Grain
Livestock
Forest products
Ore
Miscellaneous
Merchandise, 1.0.1. ^

....

143
182
147
120
133
175
143
66

147
182
126
114
137
184
146
67

140
195
167
119
137
191
140
• 64

143
178
147
184
140
237
156
69

147
181
142
151
148
;2?6
168

?<r

140
191;
167
183
144
874
153

««

Note«—To convert coal and miscellaneous indexes to points in total index, shown is
the Federal Reserve Chart Book, multiply coal by ,218 and miscellaneous by .548.