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NOV 3 ^ /
BOARD CF GCVEB . - S Or DIE FEDERAL RESERVE SYS
0#12*3

For r e l e a s e in mor^irg p a p e r s , F r i d a y , Eovember JO, 1951
November 29, 1951
BUSINESS
DEXES
1939 average = 100 for employment and payrolls;
1923-25 average = 100 f o r construction contracts;
1935-39 average 38 100 f o r a l l o t h e r s e r i e s *
Seasonally adjusted
1950
1951
Oct# I Sept. j| Oct#

Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction c o n t r a c t s , value
Total
Residential
All other
..m^loyinent
Total nona^ricultural
Total factory
Factory p a y r o l l s , t o t a l
Freight carlo&dings
Department s t o r e s a l e s . value
Department store stocks, value
p—Preliminary#

Unadjusted
19:50
195 1
Oct. 1 Sept. | (. c t .

p219

219

216

p222

223

220

p227
p2?4
pi 89
P171

228
272
152
167

225
261
196

P2;l
p276

235
2?ii
199
171

229
263
201
169

*

275
279
271

299

276
279
273

235
235
285

s

P155. 0 155.2
P155.9 156.8
- -

pi9h

l£6

pi7h

29k
303
IU9.9
157.7
- -

+
*

plyit-,6 154.8
pl5Si.5 159.5
ei+32.2 1; 6.9

151.5
lcO.3
U5.8

153

157

1U6

1U»

li+7

e30U PJ12

291

6523

P32?

306

p335

529

*

P:U9

362

155

*

e—Estimated#

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

New s e r i e s t Indexes of output of major consumer durable goods shown on page )#
rlote: Production, car loadings, and department store s a l e s indexes based on
d a i l y averages# To convert durable manufactures, nondurable manufactures, and
minerals indexes to points in t o t a l index, shown in Federal Reserve Chart Book,
multiply durable by #379, nondurable by #li69, &nd minerals by #152#
Construction contract indexes based cn 3-month moving averages, centered
at second montli, of F#
Dodge data for 37 Eastern States* To convert
indexes to value f i g u r e s , shown in Federal Reserve Chart Book, multiply t o t a l
by $W.O,269,000, r e s i d e n t i a l by $18^,137,000 and a l l other by ^226,132,000#
Factory employment index, without seasonal adjustment, and p a y r o l l s
index compiled by Bureau of Labor S t a t i s t i c s #




2*

INDUSTRIAL PaODTCTIO};
(1935*39 average « 100)
Seasonally adjusted
1950
1951
Oct.
O c t . | Sept •

'

Unadjusted
1951
Cot. i S e p t . i

>

LALvraCT : S
Iron and s t e e l
f i g iron
Steel
Open h e a r t h
Electric
Machinery
T r a n s p o r t a t i o n equipment
Automobiles ( i n c l # p a r t s )
Konferrous m e t a l s and p r o d u c t s
Smelting and r e f i n i n g
Fabricating
lumber and p r o d u c t s
lumber
Furniture
Stone, c l a y and g l a s s p r o d u c t s
Cerent
Clay p r o d u c t s
T e x t i l e s and p r o d u c t s
Cotton consumption
H.yon d e l i v e r i e s
l e ^ i ^ r products
i&ming
:;h;as
. an*,lectured food p r o d u c t s
i*hoat f l o u r
I / attacking
Uvher manufactured foods
^recessed f r u i t s & vegetables
f a r c r and p r o d u c t s
perboard
P r i r t i n y and p u b l i s h i n g
Newsprint consumption
Petroleum and coal p r o d u c t s
Gas o ] i n e
Fuel o i l

261
235
304
217
921
P&2
P305
p220
P%)7
P251
pl98
P151
plLO
P172
p22J
217
pl72
Pi 55
iW
293
*
*
*

plbit
pii?
pl55
pl73
Pi 59
P197
213
pl 80
165
p266
P215
p2ii+
*

G.

-n.is

D v : s t r i a l chemicals
l^:b(er p r o d u c t s
p— Prel imlnary#




P302
P156
P367
p563
P233

258
251
296
213
902
326
311
228
199
2lii
193
11*6
135
167
228
219
173
l6L
lh2
335
100
el
in
166
107
166
174
ill
197
216
179
167
265
21L
213
105
303
158
39L
557
2L6

253
225
286
209
835
303
291
271
223
217
225
166
150
198
229
2lL
168
197
162
37L
115
106
121
162
100
158
171
liu
202
238
179
171
251
196
210
183
277
l6h
371
183
250

261
255
30U
217
921
P3L2
p305
p220
p207
p23l
pl98
pl6o
P15L
P172
P233
252
P102
P155
iLo
293
m
'

*

*

P177
pl20
pir4
P193
p205
P197
21 3
pieL
173
• p266
P 215
p2lU
*

P307
pl 56
P."-7
P-53
r1^53

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

258
231
298
213'
902
336
511
223
199
2li+
193
158
153
167
237
25U
280
l6ii
11,2
335
100
83
111
190
117
iL9
206
262
19o
216
180
168
265
21L
213
185
306
156
r
5,
2i;0

253
225
236
209
835
303
291
271
223
217
225
176
165
198
2ZiO
21,9
177
ic7
162
374
115
in j
121
173
107
158
189
190
2V2
2-5
lo;>
l-C
251
19o
210
IS?
262
16L
2V14^8
"

\;T%
(lV.'^AV ftvorare * 10:}
Seasonally i»Aiustr j '
1951
19^
Oct# | Sept.
wet.

h«v.*' vis">^:
SvVi
iv:-J
Vet. ) tepfc. ! < e t .

pl?9
Ik'l
106
P197
pl 51

pl?8
1-.7
108
pl97
pl50
P510

172
137
79
195
166
388

170
1^.
102

Fl,7

iii
117
131+
62
99
108
127

1(6
173
171
11 7
127
XL7
::2

A ? _LS
fuels
Bituminous coal
Anthracite
Crude petroleum
Iletal s
Iron ore

172
137
79
195
137

170
152
102
1SU
1U1

161
%1

OL'TRJT Or MAJOR CC&SUL d LIVABLE GOODS
(19L7"W average = 100)
pi02
pio6
P 97
p 60
P 99
p 8L
pl36

Tcx;al
Passer, re r automobiles
Household roods
Carpets
iture
r appliances
it
and t e l e v i s i o n
Sote:
pp.

167
115
95
56
97
96
125

1

16b
175
156
11?
125
155
25}

FVpio5
63
P"?
F >3
pi 59

For d e s c r i p t i o n and back d a t a / s e e F e d e r a l Reserve B u l l e t i n " f o r "bctobor
12;5-W#
FREIGHT CARLOADINGS
(1935"39 average = 100)

Coal
Coke
Grai n
Livestock
r o r c s t products
Ore
miscellaneous
Merchandise, l . c # l *

•

m

206
l&U
S3
ILL
167
ILL
L6

150
211
152
81
1L2
205
1L5
L6

155
206
159
75
146
iau
1L5
5k

i;L
202
15L
128
152
267
157
L3

i;o
209
1L8
107
155
503
15L
L8

- ' )

201
15*
12/S
lf-4
262
153
56

l\ote* To convert coal and miscellaneous indexes to points in t o t a l index, shovm
in Federal Reserve Chart Book, multiply coal by #21) and miscellaneous by *5W>#
p- - pre I imin ary#




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