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I 0.12.3 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 88 For release in afthrnoon papers, Monday, December 1, 1952 November 28, 1952 ' - BUSINESS INDEXES 1955-39 average • 100 for industrial production and freight carload!ngs; I9IL7-U9 average * 100 for all other series Seasonally adjusted Unadjusted 1952 I 1951 1952 1 1Q51 Oct. 1 Sept. 1 Oct. Oct. isept. 1 Oct. Industrial production* j Total P227 226 218 P 231 231 222 Kixr^factures Total p238 235 226 p2U2 2J4O 230 Durable p29U 287 27U p296 289 276 Nondurable P193 19U 168 p!98 200 193 Minerals pl65 175 17U pl68 180 176 Mej:r consumer durables Total pl2U 121 163 pl28 127 108 Baseenger cars P129 125 108 pl26 127 110 h'ousehol d goods P118 118 98 P129 126 106 Construction contracts, value total n.a. 206 lltO n.a. 209 13U Rjpidential n.a. 190 160 n.a. 190 156 All other n.a. 217 127 | n.a. ; 221 120 Employment and payrolls ! 1 Inimgricultural employment, total pioe.5 106.5 106.6 !pl09.6 IO9.6 107.7 Manufacturing production workers 1 103 .u 1 Employment, total P105.5 105.1 1 103 .u 1 P107.2 106.9 105.1 Durable pill .5 110.6 108.6 Ipll2.2 110.7 1 0 9 . u Nondurable P 98.5 96.6 97.2 Ipl01.2 102.3 100.1 Payrolls, total I 1 el'0.3 l?4l.5 129.8 Freight earloa dings 127 134 135 i 159 1U5 1 U 6 Department store sales, value pl 15 106 109 ipn9 112 i rll3 Department store stocks, value n.a. 120 121 j n.a. 12U 13U total manufactures, 239# durable manufactures, 297? nondurable manufactures, 192? minerals, YJ2+ j Construction contract indexes based on 3-month moving averages, centered at second month, of F.W. Dod^e 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
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  • I

    0.12.3

    BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

    8 8 For release in afthrnoon papers, Monday, December 1, 1952 November 28, 1952 '

    - BUSINESS INDEXES 1955-39 average 100 for industrial production and freight carload!ngs;

    I9IL7-U9 average * 100 for all other series

    Seasonally adjusted Unadjusted 1952 I 1951 1952 1 1Q51

    Oct. 1 Sept. 1 Oct. Oct. isept. 1 Oct. Industrial production* j Total P227 226 218 P231 231 222 Kixr^ factures

    Total p238 235 226 p2U2 2J4O 230 Durable p29U 287 27U p296 289 276 Nondurable P193 19U 168 p!98 200 193

    Minerals pl65 175 17U pl68 180 176 Mej:r consumer durables Total pl2U 121 163 pl28 127 108 Baseenger cars P129 125 108 pl26 127 110 h'ousehol d goods P118 118 98 P129 126 106

    Construction contracts, value total n.a. 206 lltO n.a. 209 13U Rjpidential n.a. 190 160 n.a. 190 156 All other n.a. 217 127 | n.a. ; 221 120

    Employment and payrolls ! 1 Inimgricultural employment, total pioe.5 106.5 106.6 !pl09.6 IO9.6 107.7 Manufacturing production workers 1

    103 .u 1 Employment, total P105.5 105.1 1

    103 .u 1 P107.2 106.9 105.1 Durable pill .5 110.6 108.6 Ipll2.2 110.7 1 0 9 . u Nondurable P 98.5 96.6 97.2 Ipl01.2 102.3 100.1

    Payrolls, total I 1 el'0.3 l?4l.5

    129.8 Freight earloa dings 127 134 135 i 159 1U5 1 U 6 Department store sales, value pl 15 106 109 ipn9 112 i rll3 Department store stocks, value n.a. 120 121 j n.a. 12U 13U

    total manufactures, 239# durable manufactures, 297? nondurable manufactures, 192? minerals, YJ2+ j

    Construction contract indexes based on 3-month moving averages, centered at second month, of F.W. Dod^e 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

  • 2

    INDUSTRIAL FROiUCTlOH (1935-39 average z 100)

    Seasonally ad. I tlnadjusted 195% 1951 1952 1 1951

    Oot. 1 Sept. tiot. Oot. I Sept. | Oot.

    p276 26? 261 P276 267 261

    332' 2L2 319 E 2U7 332 2i 319 s

    233 222 217 233 222 217 10140 1013 921 102#) 1013 921 p362 353 3b0 P342 353 3to PJ56 3'46 311 P356 3o6 311 p2it6 239 223 , p2U6 239 223 p228 221 201 p228 221 201 p250 2ljB 230 P250 21*8 230 p219 209 190 p219 209 190 P156 pi U>

    1U9 pl6 167 158 P156 pi U> W ) 138 P153 159 151 pl87 183 171 Pl87 183 171 p221 222 219 p231 232 230 n.n. 227 217 n.a. 263 252

    t>158 161 172 pl67 167 182 pl?2 176 15k pl72 176 151* 1I42 lli5 i5o lli2 1U5 - 1W> 362 377 293 362 377 293 n.a. 112 91 n.a. 112 91 n.a. 97 80 n.a. 95 80 n.a. 123 98 n.a. 123 98 pl62 166 I63 P175 190 177 pllO 108 109 pl 17 118 115 .Pl&7 170 157 pl68 15U 156 pl66 173 173 P187 2ol* 192 plU3 137 163 plBlt 266 210 pl99 192 196 P199 192 196 2*46 233 213 2U6 233 213 pl?U 165 177 pl78 166 181 173 166 165 182 168 173

    p275 281 269 p275 281 269 p228 23!* ' 212 p228 23U 212 p228 232 211* p228 232 211* n.a* 177 185 1 n.a. 177 185 P303 303 298 1008 301* 303 P156 155 156 pl56 153 15& P359 370 3I46 P359 370 3U6 P57U 565 556 P57U 565 556 p2ti6 2l@ 239 p2t#6 2h9 239

    mNUPACIURBB Iron and steel Tig iron Steel Open hearth Electric

    Machinery Transportation equipment Automobiles (incl. (mrts)

    Nonferrous metals and products Smelting and refining Fabricating

    Lumber and products Lumber Furniture

    Stone, clay and glass products Cement Clay products

    Textiles and products Cotton consumption Rayon deliveries

    Leather and products Tanning Shoes

    Manufactured food products Wheat flour Meatpacking Other manufactured foods Processed fruits and vegetables

    Paper and products Psaperboard

    Printing and publishing Newsprint consumption

    Petroleum and coal products Gasoline Fuel oil Coke

    Chemicals Jfeinta Rayon Industrial chemicals

    Rubber products

    Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • INDUSTRIAL PRODUCTION (1935-39 average z 100)

    -Seasonally adjusted tinadlusted -

    1952 1 1051 1Q52 " 1 1951 -

    Oct. 1 Sept. 1 Oct. Oct. I Sept. | Oct.

    MINERALS Fuels pl68 180 179 pl68 180 179 Coal 93 133 136 , 93 133 138 Bituminous coal 93 144 147 ' 93 144 lU7 Anthracite 94 88 104 94 88 104

    Crude petroleum p205 203 199 p205 203 199 Metals p!51 1/9 i a pl 70 178 163 Iron ore n.a. 418 354

    FREIGHT CARLOADimS (1935-39 average = 100)

    Coal 1 I 93 135 134 93 135 134

    Coke 1 188 189 2 0 6 185 187 202 Grain I 157 123 154 157 138 154 Livestock 1 76 70 83 117 93 128 Forest products ! 139 i4o 144 146 151 152 Ore ! 2 1 1 235 180 314 352 267 Miscellaneous I 1U5 144 144 158 155 157 Merchandise, l.c.l. I 46

    1 45 46 46 48 48

    Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • u.

    O0THJT OP HOtJSEHOLn GOODS 19U7-U9 - 100

    Seasonally adjusted -1S52 oot. jsept.iAug." Sept, 1251

    Unadjusted Oct. |Septf4Augj6#pt. 2251

    TOTAL pi 18 118 107 98 Carpets n.a. 81 76 56 Furniture pill 111, 110 97 Major appliances p 86 89 91* 96 Cooking stoves, total !P 71 70 75 90

    piag 126 103 10I* 71 62 n.a 90

    P115 lilt 109 99

    Electric, total Standard Apartment

    fwitMft if*l M .

    Bungalow and combination All other

    Driers Freezers Ironers

    Refrigerators, total 5*& cubic feet or less '5*5~6,4 cubic feet 6.5-7.4 cubic feet 7 #5-8.4 cubic feet 8,5 cubic feet or over

    Vacuum cleaners Washing machines, total Wringer and spinner Automatic and semiautomatic

    Radios and television Radios, total Small Autoraobile Consoles and combinations AM-FM console combinations

    Television, total Table Consoles Combinations

    / X

    E: a. 910 a. 202 a. 5h 87 n.a. 80 91

    I

    I.

    p92 100 P 78 79 68 72 65 Ik

    . 95 a W f #

    In.a. 72 ?n.a. 26

    919 610 In.a. 10U7 158 211 In.a. 227 Ifi 1*9 In,a. 60

    ! 56 . 71. .75 71 ! 56. 75 12 37 37 U6 21 >U i*5 77

    84 106 70 101 60 138 60 lid 61* 105 # f

    v 57 62 22 29 781 701 178 236 % 5h

    59 75 8 2U 33 86 21 20 , 56 91

    I 117 136 120 111 9k 78 I 97 86 110 110 n.a. Ill

    'n.a. 6U n.8. 189

    214 205 11a 123 39 W 32 55

    575 5U3 366 26U

    81 8U 102 13I* 54 82 182 221

    2 # 219 11*3 127 Wt 12 32 58 69 60 1*9 68 57 67 33 109 19 17 30 15 14 11* 7 35

    67!* U91 1181 992 25U 217

    370 271 271* 230 63I* l*l6 155 122

    Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis