BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEB For release,in afternoon papers, Wednesday, July JO, 1952 0.12.3 July 29, 1952 BUSINESS D-DEXES 1935-39 average • 100 for Industrial production and freight carloadings: 19^7-49 average = 100 for all other series. Seasonally adjusted Unadjusted 1952 1951 1952 1951 June | May June June | I'ay June Industrial production* Total p203 211 221 p20U 212 223 Manufactures Total p213 22U 231 p2lit 22h 232 Durable p2l*8 277 274 p2U9 278 276 Nondurable pl85 181 197 pl85 180 197 Minerals pli<6 litl 165 pl48 lid 169 Major consumer durables output Total pl06 101+ 125 pio6 106 123 Passenger oars pllO 110 litO P115 115 li+0 Household goods pl02 98 108 P 97 96 10U Construction contracts, value Total n.a. 168 200 n.a. 203 23U Residential n.a. 186 nk n.a. 221 192 All otiier n.a. 156 217 Jfl * 192 263 Employment ai d payrolls 106.it Nonagrioul-jural employment,total P106.5 107.0 107.1 plo6.1i 106.it 107.0 Manufacturing production workers Employment, total plOl.O 103.5 106.8 P 99.9 101.9 105.6 Durably pioli.6 109.7 111.5 plO^.2 109.1 111.0 Nondurable p 96.8 96.3 101.2 P 9W 9%h 99.2 Payrolls, total — — — e 126.1+ 128.2 129.8 Freight oarloadings 108 122 131 111 124 137 Department store sales, value pill 108 105 P 105 109 99 Department store stocks, value n.a. 118 135 n.a. 120 128 * Estimates, seasonally adjusted, for July 1952: total industrial production, 192; durable manufactures, 22?; nondurable manufactures, 180} minerals, li*2 (figures for July are especially uncertain at this time). Construction contract indexes based on >aonth moving averages, centered at second month, of F. W, Dodge data for 37 Eastern States. The unadjusted indexes of employment and payrolls are compiled by or based on data of the Bureau of Labor S t a t i s t i c s . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEB
For release,in afternoon papers, Wednesday, July JO, 1952
0.12.3 July 29, 1952
BUSINESS D-DEXES
1935-39 average • 100 for Industrial production and freight carloadings: 19^7-49 average = 100 for all other series.
Construction contracts, value Total n.a. 168 200 n.a. 203 23U Residential n.a. 186 nk n.a. 221 192 All otiier n.a. 156 217 Jfl * 192 263
Employment ai d payrolls 106.it Nonagrioul-jural employment,total P106.5 107.0 107.1 plo6.1i 106.it 107.0
Manufacturing production workers Employment, total plOl.O 103.5 106.8 P 99.9 101.9 105.6
Durably pioli.6 109.7 111.5 plO^.2 109.1 111.0 Nondurable p 96.8 96.3 101.2 P 9 W 9%h 99.2
Payrolls, total — — — e 126.1+ 128.2 129.8
Freight oarloadings 108 122 131 111 124 137
Department store sales, value pi l l 108 105 P105 109 99
Department store stocks, value n.a. 118 135 n.a. 120 128
* Estimates, seasonally adjusted, for July 1952: total industrial production, 192; durable manufactures, 22?; nondurable manufactures, 180} minerals, li*2 (figures for July are especially uncertain at this time).
Construction contract indexes based on >aonth moving averages, centered at second month, of F. W, Dodge data for 37 Eastern States.
The unadjusted indexes of employment and payrolls are compiled by or based on data of the Bureau of Labor Statistics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
INDUSTRIAL PRODUCTION (1935-39 average * 100)
Seasonally ad justed Unadjusted I B * I 1951 1952 1951
June I May 1 June June | May June
I'AMJFAC TUBES
Iron and s t e e l plU2 245 26l pl42 £45 261 Pie iron n#a# n.a. 235 n.a . n.a. 235 Steel P 57 278 296 P 57 278 296
Open hearth n#a# 195 213 n«a. 195 213 Elec t r i c . n«a* 870 884 n#a* 870 884