0.12.3

BOARD OF GOVERNORS OF TIE FEDERAL RESERVE SYSTEM

For Immediate r e l e a s e

January 2, 1953

BUSINESS INDEXES

1935-39 average s 100 for industr ial production and f re igh t carloadings; 19l*7-U9 average s 100 for a l l other series

Seasonally adjusted Unadjusted 1952 1 1951 1952 I 1951

Nov. 1 Oct. 1 Nov. Nov. | 1 Oct. | # 1

Industrial production* Total P233 229 219 P231* 233 220 Manufactures

Twtal p2l*3 21*1 228 P2U5 21*5 229 Durable P3C0 298 277 P301 300 277 Nondurable P197 195 188 p200 200 191

Minerals pl75 161* 170 pl7ls 166 169 Gzmmsmr dmrmfeles

%% ,F1 W fttS86ng6f C&fi a W M W M m Household goods Pl36 121* 103 pll*5 135 110

Construction contracts, value Pl36 pll*5

Total pieit 210 156 P166 201 i i a Residential Pl8l 185 11*6 pl7l* 161 n*i All other pl86 227 162 pl6l 215 11*1

Employment and payrolls Nonagricultural employment, to ta l pl09.1 108.8 106.8 pllO.O 109.9 107.6 Manufacturing production workers

Employment, to ta l P106.9 106.1 103.3 pl08.0 107.8 iolt.3 Durable P113.7 112.5 108.9 plll*.5 113.2 109.6 Nondurable P 99.1 98.7 96.7 plOO.l* 101.5 98.1

Payrolls, to ta l plwi.l 11*3.8 129.8

Freight carloadings 13U 128 137 138 138 11*0

Department store sales , value P112 115 113 pl32 119 131*

Department store stocks, value n . a . pl20 117 n .a . pl3lt 133

23k; to ta l manufactures, 21*5; durable manufactures, 305; nondurable manufactures 197; minerals, 171.

Construction contract Indexes based on 3-month moving averages, centered a t 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 ta t i s t i c s .

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

INDUSTRIAL PRODUCTION (1935-39 awage , 100)

2.

'sssm titr adj us te d Unadjusted 1951 1952 1951

Hov. 1 Oct. Nov. *ov.| Oct. Nov,

p282 280 261 p282 280 261 2bb 21*7 232 21*1* 21*7 232 33b 332 307 331* 3?2 307 231 233 216 231 233 216

1061 lOltO 951* 1061* 101*0 951* P368 361 31*7 P368 361 31*7 P360 36b 313 P360 361* 313 p255 257 216 p255 257 216 P23T 23b 209 P237 23U 209 P251 251 235 p2S2 251 236 P230 228 198 p230 228 198 P163 155 157 pl6l 161* 155 plb9 138 11*9 pll*7 151 li*6 pl89 189 172 pl89 189 172 p222 22b 212 227 235 , 217 n.a. 231 219 n.a. 267 237 pl6l 161 173 pl66 170 179 P17U 172 157 pl7b 172 157

U*9 11*2 11*1* 11*9 lb2 Ibb 356 361 289 356 361 289

n.a. 112 89 n.a. 112 91 n.a. 103 78 n.a. 101* 81 n.a. 118 97 n.a. 118 97 pl63 165 160 pl66 178 161* p i l l 109 115 p!12 U5 116 pl72 169 168 pl92 169 188 J>169 172 166 pl76 191 17b P131 11*8 121 pl21 191 111 P205 203 191 p205 203 191 2b9 21*6 205 21*9 21*6 205

P176 176 175 pl81* 180 183 169 173 163 181* 182 178

p288 279 276 288 279 276 P233 225 211* P233 225 21b p235 226 226 P235 226 226 n.a. 180 185 n.a. 180 18$ P307 303 299 P312 309 30b pl58 158 158 pl57 158 157 p3b7 357 331 P31*7 357 331 P588 576 563 p588 576 563 P259 25b 21*5 p259 251* 2b5

MANUFACTURES

Iron and steel Pig Iron Steel

Open hearth Electric

Machinery Transportation equipment

Automobiles ( incl . parts) Monferrous metals and products

Smelting and refining Fabricating

Lumber and products Lumber Furniture

Strne, clay and glass product Cement Clay product

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 . Paperboard . Printing and publishing

Newsprint consumption Petroleum and coal products

Gasoline Fuel o i l Coke .

Chemicals Paints Rayon Industrial chemicals

Rubber products

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

INDUSTRIAL PRODUCTION (1935-39 average = 100)

Seasonally adjusted Unadjusted 195 2 1951 1952 1 1951 "

Nov. I Oct. \ Nov. Nov, i 4 O

MINERALS

Fuels pieo 167 178 pieo 167 178 Coal 125 93 11*1 125 93 111

Bituminous coal 135 93 152 135 93 152 Anthracite 87 95 99 87 95 99

Crude petroleum P207 203 196 P207 203 196 Metals pll*8 I B 122 pllil 16k 115

Iron ore. . * * - - - n8i 363 185

. FREIGHT CARLQADINGS . (1935-39 average 100)

Coal 123 93 UtO 123 93 11*0 Coke 195 188 218 195 185 218 Grain 11*7 157 159 I B 157 156 livestock 76 76 70 95 117 88 Forest products 152 139 152 11*9 11*6 Ht9 Ore 233 233 180 258 3H* 171* Miscellaneous lhh li5 I B .150 158 11*9 Merchandise, l . c . l . 1*6 he 1*6 1*7 1*8 1*7

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

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Byngalon i combination