Full text of G.12.3 Industrial Production : September 22, 1943

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'Be

3lSTES
BQ&HD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM

TOES

9BCHOI

S E P 2 21943

V;„
R&S BI ~ S § T
September 22, 1943

For release in afternoon papers
Wednesday, Soptoabor 22, 1943
BUSINESS INDEXES

1935-39 average * 100 for industrial production and freight-car loadings i
1959 • 100 for factory employment and payrolls 5
1923 w 25 average * 100 for all other series

Adjusted for
seasonal variation
1942
im
'
August
6 ^ I
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction contraots, value
Total
Residential
All ether
Factory employment
Total
Durable goods
Nondurable goods
Factory payrolls
Total
Durable goods
Nondurable goods
Freight-car loadings**
Department store sales, value
Department store stocks, value

Without
seasonal adjustment
1942
t August
August | July

p203

205

185

p207

205

137

P215
P?05
pi43
pi37

215
502
145
156

195
258

p2l8
P507
pl46
pl43

217
503
147
i4i

196
260
144
156

•
»

6o
56
80

182
65
278

#

67
26
92

194
64
500

*

'

plo7.9
P229.7
PH9.5

150

169.7
229.5
122.4

155.1
198.5
120,9
•

mm-

mm.

*

'

P169.9
P250.5
pi22.2
*
*
*

169.6
229.5
122 M

157.1
199.2
123.9

515.5
439.5
194.5

251.8
342.0
169.5

141

Iit2

141

145

146

144

P138

11*2

150

P109

96

103

*

110

157

*

99

132

* Data not yet available#
p—Prelinin^ry or estimated.
** Revised seasonally adjusted Indexes * B~ok figures may be obtained from the
Division of Research and Statistics#
Note j~ftroduotion, carlo&dings, 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 #379# nondurable by J469, and minerals by *152#
Construction contract indexes based on 3-month moving averages, centered at
second sgmti1, 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
$1*10,269,000, residential by |184,137 f 000, and all other by $226,152,000.
Employment index, without seasonal adjustment, and payrolls index compiled
by Bureau of Ifibor Statistics.



IKDUSTRIAL PRODUCTION
(1955*39 average • 100)
Without
Adjusted for. ™. .
seasonal adjustment
seasonal variation
1942
1945
- W
August
. August August 1 July
August 1 - i M y
MMTOFACTURB8
Iron and steel
fig iron
Steel
Open hearth and Bessemer
Electric
Machinery
Transportation equipment
Honferrous metals and products
Lumber and products
Lumber
Furniture ,
Stone, clay, & glass products
Cement
Polished plate glass
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Leather products
Tanning
Cattle hide leathers
Calf and kip leathers
Goat and kid leathers
Shoes
Manufactured food products
Wheat flour
Meatpacking
Other manufactured foods —
Tobacco products
Cigars
Cigarettes
Manufactured tobacco & snuff
Paper and products
Rtporboard
,
Mewsprint production
Printing and publishing
Newsprint consumption
p—Preliminary or estimated,




210
202
235
18k
598
P3&1
p63k
P189
P125
Pll7
plk2

203
191
229
180
577
361
625
188
12k
Ilk
lk2
*
13k
*
ilk
50
5k
pik3 .
li+7
153
ik7
. 103
Pl78
*
*
lk6
109
*
10k
$
117
#
85 •
*
8k
• *
112
lk5
P137
122
118
pl66
183
P132 •
lk3
*
132
95
$
166
*
83
*
.
13k
151
lk3
*
91
piik
ilk
105
10k

197 •
190
218
177
507
299
k58
191
129
125
136
3i+5
177
30
15k
169
169
15k
113
117
Iki
95
70
110
lk3
105
153
lk6
130
112
152
88
131
123
108
111
108

210
202
235
18k
998
P361
p63k
PW
P133
pl28
plk2
• .#

*

5k
Plk3
lk7
P178
*

*

#
*
*
*

pl56
123
pl56
P156
*
*
*
*
*

151
*

pio6
93

203
191
229
180
577
361
625
188
130
123
lk2
lk7
131
50
lk7
153
183
lk6
107
99
109
. 8k
83
112
157
116
170
153
138
99
175
8k
130
lk3
89
103
91

197
190
218
177
507
299
k58
191
138
• 139
136
160
195
3p
15k
109
169
15k
118
120
13k
100
69
117
165
106
132
173
135
115
160
89
130
123
105
103
95

* Data not yet available.

INDUSTRIAL PRODUCTION
(1935-99 average » 100)
Adjusted for
seasonal variation
1942
>943
August | July
August

Without
seasonal adjustment
1%2
19W
August { July
August

MANUFACTURES (Cont'd.)
Petroleum and coal products
Petroleum refining
Gasoline
Fuel oil
Lubricating oil
Kerosene
Coke
Byproduct
Beehive
Chemicals

*

e
P115
. *

*

$

pl?o
P199
p533
p221

124
119
109
145
121
118
162
155
451
287

121
114
109
130
117
106
165
155
505
173

S
piTO
pl59
P533
p218

136
155
129
128
138

126
140
118
121
152
239

Pl3?
P153
P 128
P131
pl77
1+10

*

PU5

*

*

l^t
118
109
145
120
110
162
153
451
220

121
114
109
130
116
101
165
155
505
170

136

136

129
128
173
398

118
121
19k
388

MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore

P137
P153

piae

P131
pl36

256

256

p—Brelinlnary or estimated*

155

iiio

' *= Data hot ybt available,
FREIGHT-CAR LOAD DIGS
(1935-59 average » 100)

**Coal
**Coke
••Grain
#» Livestock
Forest products
**0re
Miscellaneous
Merchandise, l.c.l.

'

145
191
147
117
148
208
l47
63

'

146
18L
143
113
150
202
148
64

136
182
119
106
165
206
152
57

145
183
158
111
156
312
147
64

1M
178
172
97
150
323
147
63

136
175
129
rial
m
308
192
57

Note.—To convert coal and miscellaneous Indexes to points in total index, shown in
the Federal Reserve Chart Book, multiply coal by *213 andraiscollanoousby *5b8»
** Revised seasonally adjusted indexes. 3aek figures may be obtained from the
Division of Research and Statistics*