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RE(@IN RECORDS SECTION
BOARD OF GOVERNORS OF SHE FEDERAL RESERVE STBTBM

OCT 1 71955

For immediate release, Friday, October 1%, ]955
October 14, 1955

G.12.3
BUSINESS INDEXES
1947-49 average = 100

Unadjusted
Seasonally adjusted
1955 ,
1??4
1955
1954
nGept,1 Aug* ( July Sept. uSept, 1 A w . 1 July 1 Sept.
Industrial production 1/
Total
Manufactures
Total
Durable
nondurable
Minerals
Consumer durable goods 1/
Total output
~
Major consumer durables
Autos
Household
Other consumer durables
Construction contracts, value
Total
Residential
All other
Employment and payrolls
If onagri cultural emp., total
Manufacturing prod, workers
Employment, total
Durable
Nondurable
Payrolls, total

Ikl

140

139

124

141

139

130

126

143
160
125
121

142
153
125
120

141
155
126
120

126
137
115
108

143
157
129
125

141
154
128
123

132
14 n
118
119

127
135
119
111

154
173
194
157
109

153
173
194
157
107

153
173
195
156
106

114
121
no
132
98

135
145
130
159
112

140
153
166
143
110

137
152
195
115
103

108
111
81
139
101

n»a.
n«a«
n.a.

259
278
246

257
296
231

231
253
217

n.a.
n*a #
nsBs

271
277
267

281
301
268

234
254
221

113.9 113.7 113.5 109.8 115.0 114.0 113.0 110.9
106.5 106.4 106.1 99.8 106.3 107.4 104.7 101.7
114.1 114.1 114.0 104.2 114.2 113.5 112.4 104.4
96.8 94.6 101.4 100.2 95.7 98.5
97.6 97.3
:
159.4 154.8 151.0 138.0
—
96

95

84

Department store sales, value ell9 P119
Department store stocks,value n.a. P129

124
127

111
122

Freight carloadings

96

104

99

99

91

|el21 P105
n.a. pl26

98
119

113
128

Note: 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.
e—Estimated
1/ As announced
tion indexes
available on
Governors of




p—Preliminary

n.a.--Not available

in the September Federal Reserve Bulletin, detailed annual producfor the period 1947-1953 and preliminary estimates for 1954 are
request from the Division of Administrative Services, Board of
the Federal Reserve System, Washington 25# D. C.

INDUSTRIAL PRODUCTION
(1947-49 average » 100)
Unadjusted
Seasonally adjusted
1955
1954
1955
pSept.1 Aug. I1 July Sent. pSevt.i Aug. [ July „Sept.
DURABLE MANUFACTURES:
Primary metals
ietal 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

146
171
140
163
138
211
206
15*
141
154
128
136
124
144

139
170
138
161
139
205
205
152
140
153
128
136
125
ia

134
167
135
158
138
197
203
151
138
152
125
13*
122
143

105
149
122
147
125
189
167
137
124
134
116
123
109
132

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 mfrs.
Tobacco manufactures

143
165
142
161
134
214
185
154
147
157
137
139
125
148

132
163
139
154
131
199
193
149
3.45
156
134
134
124
141

122
157
130
142
131
165
197
147
133
149
118
125
113
133

103
145
12a
14;
122
18?
15:
13"
12?
126
123
12;
111
136

1

!

n.a.
138
n.a.
128
160
n.a.
136
106
n.a.
n.a.

108
105
111
119
138
102
138
153
128
159
168
135
106
107
n.a.

110
106
113
120
137
106
139
155
128
160
170
134
107
107
101

98
95
101
103
117
91
127
137
121
144
150
125
105
105
102

109
a.a.
n.a*
121
n.a.
n.a.
139
n.a.
129
159
n.a.
138
120
n.a.
n.a.

112
108
117
119
132
108
135
155
123
156
163
138
116
116
n.a.

93
92
95
105
121
9|
126
139
121
152
158
134
110
111
92

99
97
101
105
lid
94
128
137
122
ll]
149
127
119
120
109

120
80
140
126

121
82
139
118

122
87
139
110

109
67
129
102

121
83
140
141

121
62
139
133

119
77
139
121

110
70
129
113

107
n.a.
n.a.
119

MINERALS;
Mineral fuels
Coal
Crude oil and natural gas
Metal, stone and earth min.
p--Preliminary




n.a.--Not available

3.
INDUSTRIAL PRODUCTION
(19k7-k9 average » 100)
Without seasonal acIjustment
195k
1955
August | July
August 1 J u l y I June
Primary metals
Ferrous metals
Pig iron
Steel
Carbon steal
Alloy steel
Castings and forgirtgs
Bonferrous 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
Women's outerwear
Misc. apparel, etc.
n.a.—Hot available




.

132
13k
iia
136
168
11k
132

125
129
133
130
lk7
108
112

lhl
137
117
lkk
169
129
15k

95
93
97
96
10k
90
117

91
9k
96
96
93
80
103

137
127

132
125

136
128

125
109

123
106

83
135
166

92
133
160

95
136
161

7k
122
150

79
122
152

176

169

176

152

151

166
106
U68
32

195
126
k69
22

18k
13k
k66
29

123
79
k65
I 22

125
78
k69
17

13k
n.a.

123
161

136
163

107
150

119
206

108
160

122
207

i 116
j 151
I
j 98
j 128

115
106
13k
79
113

96
8k
133
73
98

110
100
135
85
113

'

85
80
105
68
89

122
117
112

8k
99
103

107
Ilk
108

101
99
10k
. 7k
1
109
f
110
) Ilk
! 105

91
93

80
96
97

INDUSTRIAL PRODUCTION
(I9ii7-ti9 average - 100)
t
Without seasonal adjust:~ent
- . ' • iffi ,
I
19&
August | July | June j August ( July
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

116

127

1U6

75

8U

i 91
j
J! 173
j 1U1
155

7k

95

87

71

156
126
133

175
1U5
158

150
128
133

133
109
112

116
127

112
125

131
125

107
120

102
119

182
185
130

176
177
130

185
18U
131

150
152
117

1L5
H18
117

11*3
158
131
loU

1U1
156
131
101

1U0
152
133
103

131
llt2
123
75

130
111
122
77

118
118
121
201
106
98
n, a.
n.a.
n.a.

109
10U
132
lif2
110
100
121
106
122

108
Uli
1U5
110
110
100
127
117
126

117
108
115
19U
110
98
108
; 96
112

107
102
120
138
112
99
118
103
122

89

82

78

71

59

127
107
168
135

127
11*1
179
13U

118
100
132
130

120
ICS
139
130

128
127
n.a.
139

Note,—Groups and subgroups include individual series not published separately.
n.a.—Not available




OUTPUT OF CONSUMER DBRADLB GOODS
(I9h7-h9 average • 100)
Unadjusted

"Seasonally adjusted
1 #
u
riiE^
Aug, 1 Jaiy 1 Jure

112%
Aug. I July | June | Aug;

LLUOR HOUSEHOLD GOODS s
Furniture and floor coverings
Furniture
F-oor coverings 1/
Appliances and heaters
Lajor appliances
Ranges
Refrigeration appliances
Laundry appliances
Herting apparatus
r.acio and television sets
Radio sets
Television sets

121
126

117
121

117
122

106
109

n. a.
n.a.
n.a.
n.a.
206

150
159
119
173
193
121
290
76
698

150
156
122
178
163
132
269
66
658

109
113

11* 3 e

289
63
720

117
i 12U

-

!

%

125
1L6
98
270
56
678

105
11U

113
118

102
108

116
120
76
lUU
131
103
1U3
U9
321

152
160
117
191
168
128
192
65
U3U

101
96
68
99
128
116
23U
51
583

10U
101

107
105

90
97

•Mm

mm-mm

n.a.
lis S#
n. a.
n. a.
181
n*a.
250
56
619

OTHER CONSUMER DURABLE GOODSs
Auto parts and tires
Misc. home and personal goods

i103
109
10U
103
85
110
illO
108
109
97
1
i
1/ Publication suspended pending revision of data back to 1952.
OUTPUT OF MAJOR HOUSEHOLD GOODS
(19U?-it9 average - 100)

August
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

70
91
n.a.
68
108
150
U60
86
lU5
n.a.
1U3
32
5U2
689

Without seasonal adjustment
1955
I — m r
August
I July
I June
a
59
107
82
155
113
292
77
97
121
Ilt3
23
319
323

81
93
159
121
179
1U6
36U
86
126
131
166
37
661
m

;

;
i

!
1

•

70
72
62
53
11*3
108
3

97
66
uf
m
98
38
606
562

July
36
hi
6L
66
125
81
16?
69
82
98
68
13
299
265

Note.—For description and back figures see Federal Reserve Bulletin for May 195U
pp. U38-U52, 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*