g123_19571216.pdf

.0.12*3

# . # - ' J . s s e a l : ' ; :

- '• : : 7 i 7 i c r 7 ; . ; , - v i : 'BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTE.'I ' . '

' For Innudiate r e l e a s e , Monday, December 16, 1957 r - : — ; v- -•

Deconbup 16, 1957 N

BUSINESS INDEXES • • 19U7-U9 average « 100 • ; 1

. • • • 5e* >.s m a l l y adjus ted Onad.jm ;t<>ri . • • • 1957 l95o .1957 i 9 r r

. • • •

pNov. 1 Oct. ' 1 1 Sept. Nov. pNov. | Oct. | Scot* Nov. •

. I ndus t r i a l production, t o t a l r 119 l l i l l l l i Ih6 • 1L1 115 . 1 .5 - '. 1U7'V.:-

• Rnnuf4ctures 1 ' l h l 1U2 lh6 1L7 113 . l i t ? . . l a ? •: ' 1 . 9 ' ' e .D*:r-ible ! 153 15U 159 165 155 ' • 15^ 15? • 166

- V r.d ur^ble ' 1 129 130 132 129 131. •136 • 13S 132 .• Mr, r - l s *. • 1 ! 12L i 127 129 130 12U 128 - 13J 1 »

€onrurr/r durable poods, t o t a l 132 121 129 132 lLo . ' 119: n r . ' 1 )9 •• ?'"• 1 r c ns'iricr durables 1U2 126 13U 11.3 152 119 u ; • .151.;:'

Autos . 151 113 129 152 171 93 . - 8lt • : i6u filher. consumer durables 109 111 116 109 112. 11? .. 121 112 •;

U t i l i t y output , t o t a l e232 p233 p235 222 . « « •

E l e c t r i c i t y 'e233 p23h 237 223 — • mm . Gr.s ; n. a. p230 p228 218 —

Constr ic t ion con t rac t s , value ' n. a. n. a. n# a# 21.2 n. a. n .a . . ri. -i. 217 ; Resident ia l * J n. a. n. a. n. a. 197 n. a . * n. 'J. ' r i . " ' 190 J-.ll other . n. a. n. a. 251 272 n. a . n. <i. 255 236

Jlor.'-fri c-j2 V^rol er.p.", t o t a l 1 119,3 . a n u f a c t u r i r i ( p r o d , workers) I

' F-rnclovr/jnt, t o t a l ' 101.7 ' Durable ' ' 1 108.5

: Endurable ' - 93.8 f a y r c l l s - —

120.0 120. L 119.9 120.6 121.3 121.S • 121.2.

102.6.10!V. 3 10?.0 -109.) . 109.-2 110.8 110,-i • 117.5 '

9U.0 96.7 •' 96.2: 97.5 e l59 .5 162 .7 161 .7'-168.2

102.9 103.3 107.'; 110.2 110.7 116.7

9U.3 9U.6 96.5 I

'F re ight car loadings 85

Department stdre s a l e s ; va lue ' e l26 lep^rv~/>nt s t c r e s tocks,value 'el52

86 87 97 86 . 9 3 • 91 ICO

pl20 128 131 ! .plli3; • lit 1 '• l!i2 p i 26 130 158 — pl60 15(3; . 161

T J o t e ^ i n s t r u c t i o n contrac t indexes based on 3-nonth moving avera'rn^ ^ : -Second -,on.thf of F. r . Dodre data f o r 37 Eastern S ta t e s . Employment

. indvx; 5 rrv* compiled by the Bureau of Labor S t a t i s t i c s * ' •. .

t ~ ~ S tirvateci p—Preliminary

centered n t and-, pny r a i l s ,

n # a # t o t ' avallablo

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

INDUSTRIAL PROPuf^M (19L7-U9 average » 100)

I Seasonally art ju«s i,ed i "Hnc. 1 145, 1 1 ^ 6

TpTvvri H 7 , t I i l '-

!t>?bvf7 )ct. !; !ev>t. V IV. TpTvvri v t . h s'r,^

WJRABtB KANDFACTTmESi i ! •

trlrr.nry r a t a l s ' 1 123 127 131 l!;6 : 123. 129 • " 121 Rfctnl f ab r i ca t ing i 168 169 171 190 171 171 .172 • H i : •• Fabricated h e t a ! products 137 136 1L0 139 : 136 1L1 'l'.U 131 '/•Machinery-' . . 160 162 170 175 ; 162 169. 171. . 171.

: . 2xanelectrical ' Hii 1L6 151 IS 5 i 135 Hi 3 11* • 15? E l e c t r i c a l . ! 198 19U 207 . . 21U , 210 217 21? 227

V-Transportation equipment 1 203 201 205 216 ! 20? - 195 i 'O 213. «. [ Autos, tyucks, and par t s i 1 ? 2 120 123 137 i 1L2 112" i : o 135

Other t ranspor ta t ion equip. 309 32U 329 336 309 321 32) 3?5 , ' 'Ii*5 Wtiir.unts # ! 169 170 17L 172 , 17: 172 • 17:; • 17U-Cl%y, a s r , r*ni lumber products I 130 131 135 139 , 130 1-0 ui- • 131

Ctor.y, clay* and gless products | 153 151 159 157 : 156 16? 1/2 ' ' 161 l»ii'.Vr And products j n.. a. 110 l i b 119 , n. a. '• 119 . 121 , 117

Ftfrr5+nre ar.d ri 'scellanoous " I 127 131 136 131 132 1)9 • I'iO 13d. F->r Vwure And f i x t u r e s i 115 119 121 119 ; 119 • I?:. 125 1?2

"• I'isctAlaneous raqufactures j 136 liiO lL6 ILL i u? Ui -i • vo IS) KOKttEABLE. 'r/MJTACTUR^S: 1 !

If?Xt t i t s and a p ^ r c L . j 101 103 107 105 j 10? 10L' ' 1*6 T v / t i l e mi l l -products i n, a. 97 101 103 i n. a. 99 l : ? Apfzrel find a l l i ed products n,. a. 110 113 108 f n.a# U ? •" i : : .

- : 3 ! BV'-b-". a r i l ea ther products . US 117 119 11L , i n . 1-3 . i ? i . . i l l • liut z-r products e i n„ a. n. a. 137 126 i n .a . n. a. 139 :2>

i ar.i products i n» a. n. a. 103 1CL • n .a . n. '1. i:-5 IT) P per r.hd point ing r 1L7 1L9 lb? 11.7 ! 1^1 156 m - 15:

Hpe r -Mid a l l i e d products i' n- a. 160 161 160 n. 17 > . • 161 162 frif.Msrr -I!13 publishing 1L1 Hi? lu? 1 <9 1 1L6 1:.7 : .v 1LU

\ .• I.V.;r,pri nt Consumption n <• d • 1 ;0 1)1 132 { n . i . 11 v. 131 • 1-.5 ' »Jnb r r in t in f? ar.d per iodica ls i" n,a. 1L9 lit 7 lii2 i n .a . • 150 150 luk-

n * l 3 - w t pf t role nr. products 1 170 172 17U 1*9 ' 173 176 . • 17U 171 e -Cr*.: -md a l l i e d products j n» a • 19L 195 177 n. a* .V-? . 1^5 1=1

. * * Irriur • ri''?l chemicals i n« a* 206 ?C7 195 i n .a . 2 T- 15) : bi'*r *i< ui:. and coal products i 137 31.1 1L3 1-3 ; I '.7 11. 1 1.4 ! J f w i ; beverages-, and tobacco 112 112 113 113 i n 5 1/5 •U7 n e

fv .d and bev^ra^e n f r s . , n .a . 111 113 11 r n . a . 1"5 117. \ t ' i 'A r -nufac turea I ; n. a. 111 113 113 1 n. s. 1P6 i n 11? % •' Be y*. r'a re 5 * i n. a. n .a . 112 115 1 n. a. • n. a. 116 11?.

manufactures • 1 n. a. n. a. 113 109 n.-a. n. a# 114 I l l

'Trrinjc.wr ' • !

a5r>rr.l . f i iel5 f 12!, 127 ",'Sl " ' | 77 60

i l l end natural ras lit6 1 50 ; . Cr Ml • • ; • , I 130 133

/. . . ftl. r-jr. and gaa l iquids 1 n. a. n. a. K» t a l , t4onc-# snd aartfa .minerals ' 125 12%

129 92

1-"1 136

L?C1 131

1?> 87

1.9 137 191 liS

121 SO

In-' ! r r,.'3. 1 - 0 '

12? 67

1 ' . ? l?9 ri. s , 13?

12* 36

V> rl>3

u * J

1;«.

•lit-

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

INDUSTRIAL PRODUCTION (X947-1+9 average * 100)

Without seasonal adjustment 1957 1956 . ...

pNov. I Oct• | Sept. Aug., Oct. . luSept.

• i'riitary metals •

• V*6 ' ; Ferrous metals 126 126 •127 ' 14? • V*6 ' Fig iron 132 139 137' . 148 145 ,

;/ Steel 1 126 134' - . 134- ' . 134 . ; .162 :. 158 :: . Carton steel 132 .134 133 157 153 *. Alloy steel "43 132 . 137 ! 191 • 183

. Castings and forgings 106 105 to6 123 12 2 Ronferrous metals 137 134 • >32 ' 146 I # '

rubricated/metal product• Structural metal parte 151 154. 155 •• 152 150 . 144 '•

. Stampings and misc. metal products 124 124 . 122 •121. . 139 .... 12) .. Nonelectrical machinery

8 1 . ' •

• ..Farm machinery 8 1 . ' •82 - . 79 ' T3- 79 • Industrial and commercial machinery 142 . 146 151' ' 149 160 153

Machine tools end presses . .165 • 176 .• v 174 ' 201 " xn / Electrical machinery

Electrical' apparatus and parts 192 192 ; 197 . 194 . 209". 203 Transportation equipment

Autos 171 • 68 64 .148 .. 105. v . : 59 \ Truck# 102 •93 ; 64 103 • 103 • 93 V Aircraft and parts 543 564- . 574 ' 583. 5@g. 570 : railroad cars : 76 65 " -64 :-52-Stone, elay, and glass products

144 ' • • ,

• tilass and pottery products 144 ' l ' a ' 142 149 127 Cement * n . a . 187

' m

171 :. 174 lumber and products ' m

- lumber 98 ' 103 106 111 118 ftHlvorfc and plywood 207 205 ' SQ9 . sc6 • . 2 0 0 v

Textile s i l l products SQ9 .

. :

•. .Cotton and synthetic fabrics 104 105 104 ' 113 101 -.Cotton consumption 97 ' ' 97 • 9<3 1 led . 91 V Synthetic fabrics 116 118 119 111 118 110

. Vccl t ex t i l e s 71' • 79 ' 82 • 94 67 Knit go odd 108 . 109 109 111 11%

Apparel and al l ied products • Ken'# outerwear 96 97 106 116 101

. Voices'# outerwear 108 109 113 117 108 Misc. apparel, etc . 121 121 U * 121 U6

evailafcle p« ire l i» inar .

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

IIIDUSTRIAL FROIUCTIOM (19L7-L9 average = 100)

L.

?,•= t1;: ut c r - s : .1": - ' J . •u-Tr-r. *

' ' T*$7 i 1 9 # " * pt'-v. Out. 1 Srpt . ! ;:«% | Oct. j S"Ct.

iv '̂oL. r products 1 • • l l r s *ifid tubus n • :" 0 12.'i . 120 • 121 • •120 • Vi*tk-.r "nd proauctr • t v f t h e r n. a. 87 : 92. • V?0 ' ' 53 '' fnp r -*nd' nD. lv j products

T.Vod pulp 1P6 172 191. 155 •.171-' • Frp 'T r.nd bonrt- 153 1L6 1U7 ; . 1-2 . 1L5. ••• ' F'i-^rfconrd 167 16: 1-3 } 15.9 It.0

' j f ' h t i n f ? "mi pub l i sh in r !

Ixv ' f r i r i t to isu:.-.pti->n 1L0 133 .116 ' I 1;.3-' V»> ' • Job : r i r t i t g -nd pe r iod i ca l s 150 150 6 i 1U5 1L) .

5*i'jr.ie"ln "ind a l l i t d products 1 '' 1?? . t r i i l chc r i cn l s 20ft 225 2C0 '' 1??

Synth..Ve . f ibers 2C6 208 203 197 l'35 . V ? .. f t i r i t s 117 l i e 122 125 .1?U

F o t f L. i- T i i co-il products. _l'etrciuut'j r t t i n i n g . l)a 8 152 ' 1-2 ILi' 251 '• Onf! 'iTir.o . 1^3 170 - AJ i 155 '. 16'*

Fuel o i l . 137 11. ? 1:.? " Coki. n. i . 106 1:6 .109 : > • ? i cd * n i fc< ver ' jfo ; iuf a c tu rcu . .Food .?'.ar.uf *ctur«s . • 126 131 1Z3 • 129 1%.

,• *'u; t f r c d u c t s = • ! IL0 130 H i 1.. ? • ,10> t - : i ry products' .* 91 10] 120' ; i - 103

'.'Canned -Td frozen foods 156 230 21? is.~> <6U Or ' i n .r . i i l products . 105 107 105 • 1-6 . 10)

•; ' E^Kry products 101 102 1'.3 101 100 BteV^r->os n. a. 116 l l y 120 • 116

Alcoholic bever*iGe# n. o. 106 1:0 115 .106-•' . B'j'j'r'and ale n. a. 95 105 .53 >3

r - . i i : ' ; - ' . • , Bi t i r t r .^us fcosl 93 91 ??. • . 9S' . " 95 Ctud-; v i l 'frd n-turA«l gss

...' Crj«v o i l ' . • • • ' 12? 132 130 13U- 1?-r.inin<*'.- ' '• 12L 137 139 ' JL? ; 1L2.

J roa i r e n. 3. 172 i'i? : 175 17'* 3 t r.« «if:d fi-.rtf: minerals • 150 152 15 L 150; I r l

••Groups and sub^ro ;ps include individual

i u a e ~ ! ' o t inn l i able •

. r i j ? not rublished r e ra r - t e ly# . .

p—f re! :r l^ary.

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

(19,.7^. 9 :r?^v = 1:C)

iSvV.-liljf -••IjusV d ! Un; i j U.'t ' i I 19^7 ! i>56 1957

I Sept. Au;\ ! ): v. | Oct. 'Sept, \ -Aa". j | Oct.—

t• ' f a c* ?• r. e-! l A HlO 138 1L2 1UQ .150 133 158

f ' u m l V i r r tr.1 f l > r, c .• -̂ -r in-s T] 2 I I S 116 119 119 • 11? ' 115 • 128 ' - J"urn41 ' • ! 120 122 12U 121 126 12S .l?U 12? • t l o v r e «ver;:^GV # # # » mmmm —» . • • mm'-

'Arrl* *vA h-.-it-r? \ n. a. 13U 123 136 \ n . a . m t 109 11)3-Major apr l i ^nces | n. a. 1UU 133 aJUU n. a. DOi 1 0 ) 1U3 ;

Fanres n . a . 35 81* 96 j . n . r . 93 . 77 102 ' . f e f r i r t . r a t i o n ?.upliances ' Ha3 lhf DiO 132 I 119 133 102 10>

• • laundry Appliances' ; 203 212 132 231 229 229 16U" , 2 6 1 •. *• J J ^ t i n ? &ppar'tus n. a . l : ? 92 112 n.r« 13L 109 137 . fi-tiio r;nd t e l e v i s i o n s e t s . ?15 237 2U8 237 2P2 268 .25A . •}12 •

snta 83 «S •68. 72 ; •101 • HI 62 • U9 •' 'Te levis ion s e t s . / '168

I 521 591 551 | 627 .62$ m 73-3 • ;

e r # R cb GOODS: "* . . . . 1

• • 1 1 1

Kutb pa r t s and t i r e s . . I n. n. U 2 111 102 j n'.r« • 120' i i h - j

110 . 4!ise# horxs and personal Roods

i * * 11? 117 m i

: 122 121 117 125 .

^ " u b i l Q ^ i o n "VuspIr.dci pending rev i s ion .

OUTPUT OF ! .̂JOR HOUSEHOLD GOODS (19U7-U9 average =. 100)

Without seasonal adjustment "1937

Oct. | Sept. Aug. "Oct. J Sect .

tT&vc« e*rr>ets j P 72 75 60 87 ?7 • fj&s r^npes n .a . ' 91 . 91 99 1 0 ) ' , £ . e * * r i ! rfctb'f'S . , 86 96" .53 107 113 : • ftofrigerators ; • • 1 • 75 " 83 : 5 u 69- - 96 • . f r e e z e r s , 1 129 ' 132 . 103 126 . . 139 tashir.t* 'niw.tBes •' j 1 ' 1 7 1 173 129 197 . 186. ' f r i e r s ar.d i rone r s • . , ! 7uU 733 L73 82U . 525 • •Vacuum e l eane ra ; . ; 111 . 112 . 85 1 1 ••126 125 • furr.'.»«s ' ; . . • ; ! 122 : 137 • 106 j ' 1U3 161 ; V.ater h e a t e r s •'• ." '• j . n. a. ' 125 • .118 ' !

i r

• 120 •; .. Ihh Auto rad ios * I i 185- 127 ' • 107

! i r 194 • 99-'-

'.id rad ios . • ' , 1 77 69 > 9 '

! i r 59 57 -.

t 'U-> -r.Qi-l TV - ' ' . • , r, z i o 63I1 662 f 1 •

892 767 C a r o l e -Wet 'TV ' , , • 61,1 ' 617 595 f

1 • 59ft • 5 3 5 ; '

rots*»~For desc r ip t ion ar.d back f i m r ^ s see Federal Reserve Bul le t in f o r May 195L % •.* * FP# L36*L?2, r e p r i n t ava i lab le on request . Sack f i g u r e s , not in Bulletin*-

. • •>?> indiv idual indexes for r.a.jor household gcods, v i thou t seasonal ' ad ju s t s '• . . Pent# a lso avai lable on request to Division of Research and S t a t i s t i c s •

cu avM^Jot ava i l ab le p-wPrelimihaty Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis