I r<. ~ } RBC'D If FILES SECTIufrT BQttSD OF GOVERNORS OF THE FEDERAL RESERVE SYSFEM For release In afternoon papers Friday, June 19, 1942 JON 13194? -~RAS -BJ - 214 - June 19, 1942 i BUSINESS INDEXES 1936-59 average • 100 for industrial production and freight-oar loadings; 1925-26 average » 100 for all other series Adjusted for seasonal variation Without seasonal adjustment - 1942 1941 1942 1941 iky I April May May J April Industrial production Total pl76 173 154 pl77 171 166 Manufactures Total pi 84 181 160 pl85 180 160 Rurable p239 232 190 p241 232 192 nondurable pl39 139 135 pl39 138 134 Minerals plSl 130 125 pl33 126 127 Construction contracts. value Total pi 21 128 101 pl46 145 121 Residential p70 82 38 p83 96 104 All other pl63 165 111 pi 98 185 136 Factory employment Total * 135,4 124.9 • 136.1 124.9 Durable goods » 148.1 129.5 * 149,8 131.3 Nondurable goods * 123,3 120.5 * 123.0 118.8 Factory payrolls Total »» * * * 186.6 144.1 Durable goods • « * # # 223.9 193.1 Nondurable goods • • •• * 144,9 122.9 Freight-car loadings 145 143 135 138 136 131 Department store sales. value pl07 117 105 pl07 115 105 Department store stocks. , value • 117 74 * 121 76 * Data not yet available. Botei—Production, carloadings, 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 ,469, and minerals by *152. Construction contract indexes based on 3-month moving averages, centered at second month, of F. W» Dodge data for 37 Eastern States. To convert indexes to value figures, shown in the Federal Reserve Chart Book, multiply total by $410,- 269,000, residential by #184,137,000, and all other by $226,152,000, Employment index, without seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis