5
BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3 . July 15, 1959 BUSINESS INDEXES Seasonally adjusted Unadjusted 1947 1*9 average = 100 __ 1 09 1?51 19^9 i LJ.^21 pJure ! i49y 1 Apr. June : pjune May 1 Apr. | Industrial production, total ! 155 153 150 132 155 153 % OJ * 131 Manufactures 159 156 153 134 158 156 155 2 : 133 Durable 1 172 lb9 l64 139 172 169 •* 1C6 » 13d Nondurable , 146 l'.U 142 129 145 142 1 ; *3- 126 Minerals j 126 126 124 112 129 127 12-:,. 115 1 Consumer durable goods, total1 1 1 * 5 Hi 137 111 143 141 142 109 Major consumer durables 155 151 146 ill 154 153 1?4 109 Autos 156 153 147 99 15<3 162 l b 4 IvO Other consumer durables 121 117 115 111 118 114 1:2 ICS Utility output, total e265 P263 p260 241 Electricity 0265 P263 259 242 Gas n.a. P264 p262 239 Iionagricultural emp., total 119.7 119.2 1 1 8 . 6 1 1 5 . 0 120.1 110.8 117.6 115.? Manufacturing (prod, workers} Employment, t o t a l 101.6 ICO. 9 99-5 92.6 101.1 99.4 - C . M . 92'I Durable 106.4 1C7.3 105.3 95.1 103.5 136.9 1 0 5 . 3 Nondurable " 93-7 9 3 - 5 92.6 90.3 92.3 9 " . ! v . 3 V X . # Payrolls* - ~ 172.8 169.6 1(7.0 1 ^ . : Freight carloadings 57 69 67 77 91 90 80 Department store sales, value el^5 pl44 141 133 e ! 3 3 p il4l KG 1:6 Department store stocks,value n.a. pl51 151 i-47 n.a. ' \LQ Construction contracts, value 1 r /_ r o i ^ ^ Without seasonal adjustment <* Construction contracts, value 1 r /_ r o i ^ ^ 1?59 1956. 9 « 1956-5 7 average % ICO , May I Apr. May I Total 133 1*2 128 6 0 10, Residential 155 170 124 115 All other i 113 123 130. 104 Note: Construction contract indexes based on F. W. Dodge data for Ut 1 states. e--Estimated p--Preliminary n.a. - -.Net available Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

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Page 1: BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

For immediate relee.se, Wednesday, July 15, 1959

G.12.3 . J u l y 15, 1959

BUSINESS INDEXES

S e a s o n a l l y a d j u s t e d Unadjus ted 1947 1*9 ave rage = 100 __ 1 09 1?51 19^9 i L J . ^ 2 1

p J u r e ! i49y 1 Apr . June : p j u n e May 1 Apr. |

I n d u s t r i a l p r o d u c t i o n , t o t a l ! 155 153 150 132 155 153 %

OJ *

131

Manufac tures 159 156 153 134 158 156 1552 : 133 Durable 1 172 lb9 l64 139 172 169 •* 1C6 » 13d Nondurable , 146 l'.U 142 129 145 142 1;*3- 126

Minera l s j 126 126 124 112 129 127 12-: , . 115 1

Consumer d u r a b l e goods , t o t a l 1 1 1 * 5 H i 137 111 143 141 142 109 Major consumer d u r a b l e s 155 151 146 i l l 154 153 1?4 109

Autos 156 153 147 99 15<3 162 l b 4 IvO Other consumer d u r a b l e s 121 117 115 111 118 114 1 :2 ICS

U t i l i t y o u t p u t , t o t a l e265 P263 p260 241 E l e c t r i c i t y 0265 P263 259 242 Gas n . a . P264 p262 239

I i o n a g r i c u l t u r a l emp., t o t a l 119.7 119.2 1 1 8 . 6 1 1 5 . 0 120 .1 110.8 117.6 115.? Manufac tu r ing ( p r o d , workers} •

Employment, t o t a l 101 .6 ICO. 9 99-5 92 .6 101 .1 99 .4 - C . M . 92'I Durable 106.4 1C7.3 105.3 9 5 . 1 103 .5 136.9 1 0 5 . 3 Nondurable " 93-7 9 3 - 5 9 2 . 6 90 .3 92 .3 9 " . ! v . 3 V X. #

P a y r o l l s * - ~ 172.8 169 .6 1 ( 7 . 0 1 ^ . :

F r e i g h t c a r l o a d i n g s 57 69 67 77 91 90 80

Department s t o r e s a l e s , va lue e l ^ 5 p l44 141 133 e ! 3 3 p i l4 l KG 1:6 Department s t o r e s t o c k s , v a l u e n . a . p l 5 1 151 i-47 n . a . ' \LQ

C o n s t r u c t i o n c o n t r a c t s , va lue 1 r /_ r o i ^ ̂

Without s e a s o n a l a d j u s t m e n t <*

C o n s t r u c t i o n c o n t r a c t s , va lue 1 r /_ r o i ^ ̂ 1?59 1956. 9 « 1956-5 7 ave rage % ICO , May I Apr. May I

T o t a l 133 1*2 128 6 0 1 0 ,

R e s i d e n t i a l 155 170 124 115 A l l o t h e r

i 113 123 130.

• 104

Note : C o n s t r u c t i o n c o n t r a c t i ndexes based on F. W. Dodge d a t a f o r U t 1 s t a t e s .

e--Estimated p--Preliminary n.a. - -.Net a v a i l a b l e

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

Page 2: BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

2. INDUSTRIAL F I X L ' J A N

(19^7-^':' average: =^100)

^ e a s c n a l l y a d j u s t e d v.,- i.'i j t e d " ft 1959 ! 1^531 i:- 5 / I 1 ) ;

'pJvne ! i-by ; Arr . ! JU!i€ : IpJ'ine I May 1 Apr. i V UI.i

' r i%r.L: ^I.1;FACIUFES: ! 1

I i

Frimory metals 1 I ' " 1 )4 149 103 156 157 155 106 Kcta l f a b r i c a t i n j 1^3 178 173 151 m i 1 / 6 176 149

f - i l r^c ; : 4 td meta l p r o d u c t s 1 150 1^7 1^2 125 150 145 142 125 y- c h ' n e r y ] 176 169 163 141 173 169 165 13d

F o . . e l e c t r i c a l 154 IL9 145 125 154 152 149 125 - Fiv rtr icu.1 21/1 208 196 171 1 20? 201 i X 162

*T ra::3: crt i t i o n equipment I 2x6 214 211 105 214 215 217 ld3 Autos , t r u c k s , and p a r t s i 139 136 132 95 138 139 141 94 1 - h t r t r a n s p o r t a t i o n e q u i p . J 3^6 328 326 320 323 325 326 316

Instruments i;-3 iTo 183 160 i:*i 188 135 159 Clay, L:la j s , and lumber p r o d u c t s 154 149 126 161 155 14$ 133

.Aonu, •'lay, and , / l a s s p r o d u c t s I T 170 l 6 6 145 1 r ' 6 171 166 1 - 8 Lumber ara p r o d u c t s n • •-» • 139 133 113 1 n . a . 140 133 120

Furniture and m i s c e l l a n e o u s 1 ^ ' 147 143 126 145 J 42 139 123 F u r n i t u r e and f i x t u r e s 145 142 136 116 140 137 135 11) 1-i: s c e l l c n e o u s manufac tu re s 152 153 147 132 14? 145 142 130

% ji-i; jrj\i: Lr. l-Li.TUPAL ZURcS:

l e x t i l e s and a p p a r e l 12* 122 119 102 122 122 123 100 Tex r i l e m i l l p r o d u c t s n . a . n e 115 95 n . a . 119 117 94 Apparel and a l l i e d p r o d u c t s n . u . 127 123 110 n . a . 126 12b iC6

[Milter and l e a t h e r p r o d u c t s 12* 125 123 111 127 121 125 110 Rubber p r o d u c t s n.eu 134 135 125 n . a . 132 138 122 Leather ana p r o d u c t s n . a . n . a . 112 luO n . a . n . a . 113 91

Paper and p r i n t i n g 162 161 158 146 162 162 164 146 Taper and a l l i e d p r o d u c t s n . a . 1G0 176 157 n . a . IdO 165 159 f r i n t i n L and p u b l i s h i n g IV, 149 147 139 148 150 150 137

11 ev s0 r 1 nt c on sumpt i on n . a . 135 135 125 n . a . 1 - 3 1 - 5 125 • Job p r i n t i n g and p e r i o d i c a l s n . a . 155 153 145 1 n . a . 154 153 1*3

Che m e a l and pe t ro leum p r o d u c t s 192 191 l b 8 168 lbti 169 l'/0 165 Chemicals and a l l i e d p r o d u c t s n . a . 209 204 181 n . a . 207 206 177

I n d u s t r i a l chemica l s n . a . n . a . 231 187 n . a . n . a . 236 184 Petroleum °and coa l p r o d u c t s 1^3 p i l l 1 - 3 131 143 P138 13d 131

Foods, b e v e r a g e s , and t o b a c c o 122 121 121 116 125 116 115 119 * Food ana beverage n i f r s . n . a . 121 120 116 n . a . 116 114 119

Food manufac tu re s . I n . a . 121 120 116 n . a . 113 111 114 Beverage? j n . a . n . a . 122 116 n . a . n . a . 124 138

Tobacco manufac tu re s n . a . 124 134 116 ; n . a . 12 8 129 . 125

MIKEPALS: * | i e

Mineral f u e l s 123 124 122 112 122 123 123 113 Coal 74 73 71 66 73 72 68 72 Crude o i l and n a t u r a l <-as 14? p l 4 3 147 ' 134 146 p l 4 8 149 133 "Crude o i l 134 p l3o 135 122 134 p l 3 9 139 122

Natural ^as and gas l i q u i d s n . a . n . a . p210 191 n . a . n . a . p210 192 Metal, s t o n e , and e a r t h m i n e r a l s 137 135 134 112 155 147 128 125

p - - i r e l i m i n a r y n.a.--Not available Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 3: BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

3 .

INDUSTRIAL PRODUCTION (19^7-^9 average = 100)

Without sea£c •nal*adjus tment 1^59 195'3

pJune 1 Apr . ! K . r . i Xay I "J-"-

Pr imary p e t a l s j

Fe r rous m e t a l s 157 156 154 j '37 61 P : j i r o n 157 155 152 1 5 3 80 S t e e l 166 170 171 170 1 v l c2

Cirbon s t e e l 165 • 165 164 1 91 fc3 A l l e y s t e e l 203 206 205 I b6 77

• Cas t i ngs and i ' o r j l n c s 127 122 113 0 Konfer rous m e t a l s 153 153 153 j 112 112

F a b r i c a t e d me ta l p r o d u c t s 1 S t r u c t u r a l me ta l p a r t s 159 155 151 146 1 132 131 Stampings and misc . me ta l p r o d u c t s 155 133 130 128 *."d

N o n e l e c t r i c a l machinery Farm machinery 114 10V lp6 81 I n d u s t r i a l and commercial machinery 151 14? 144 142 , 123 126

Machine t o o l s and p r e s s e s 134 130 125 i 115 11'' E l e c t r i c a l machinery 1

E l e c t r i c a l a p p a r a t u s and p a r t s 207 202 198 ' 195 | 168 172 T r a n s p o r t a t i o n equipment i

Autos 153 162 104 163 / > 99 Trucks 152 14 3 1--3 l j i i ! ;.o A i r c r a f t and p a r t s 5 7 j 576 5 do 5^3 R a i l r o a d c a r s 3^ 36 27 34 J

Stone , c l a y , and g l a s s p r o d u c t s G l a s s and p o t t e r y p r o d u c t s 1^5 146 143 oil-3 110 Cedent 196 177 1 - 3 j 172 1 - 0

Lumber and p r o d u c t s I |

Lumber 113 106 101 j ! 1 ^ " cO Ki l lwork and plywood n . a . n . a . 234 1 | l 6o i;*2

T e x t i l e m i l l p r o d u c t s n . a .

J ; .. Cotton and s y n t h e t i c f a b r i c s 129 131 122 j 99 ' 9 6

Cotton consumption 104 106 102 . • m S y n t h e t i c f a b r i c s 155 154 . 1 4 , 99 1J^

Wool t e x t i l e s n . a . n . a . n . a . • Ti o c o"7

Knit coods l i b 116 111 l t d * yC Apparel and a l l i e d p r o d u c t s

Men'b out e r v e a r 137 139 117 . 104 Women's ou te rwear 129 133 138 I I06 11 r Misc. a p p a r e l , e t c . 123 125 .129

• i 106 1:6

p--rreliminary n . a . - - Not ava l ^ b l e

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

Page 4: BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

.{TrSTRr.1 IRCnJ""TIGN (15h 7-49 avc-*are = ICO ^

V; t h o u t s e a s o n a l lc ,);<atiaent ~ 192%

• pJune _Mey . Apr • _Xar . A;r.

E a r e a r p r o d u c t s 1

T i r e s end tub^s 1C6 111 155 102 103 L e a t h e r ar^d p r o d u c t s I

L e e t h e r 1 n . a . i j 68 81 79 Paper end a l l i e d p r o d u c t s 1

'.vord pulp s 199 203 195 , 160 171 i a p e r ar'd board 165 169 l o l , 139 14 5

r ? p e r r c a r d 174 175 172 , 1^5 146 P r i n t i n g and p u b l i s h i n g

ICevs.irint consumption m 145 136 , 132 131 Job p r i n t i n g and p e r i o d i c a l s l 154 153 154 . 143 I4p

Chemicsis and a l l i e d p r o d u c t s I n d u s t r i a l chemica l s • n . a . 236 231 164 166

S yn the t i c f i b e r s j p2l6 FC26 222 loC 159 Pe t ro l eum and coa l p roduc t s

Pe t ro leum r e f i n i n g , pl45 147 154 : 136 134 Gaso l ine , pl62 163 166 I 152 146 Fue l o i l , ?135 134 153 , 128 125

Coke 1:6 107 10! i 05 66 Food end beverage manufac tu re s ,

Feed manufac t u r e 3 113 111 1:6 ' 106 1C4 Meat p r o d u c t s ! 12-j 13o 133 : 115 123 Dairy products 141 121 109 ; 137 119 Carned and f r o z e n foods 106 110 97 i 96 91 Grain m i l l products 104 99 102 : 99 98 £akery p roouc t s j 102 99 99 ; 100 95

"BeveracSs n.a. 124 113 122 110 A lcoho l i c beverages n.a. 119 109 ; 112 101

oBeer and a l e i n.a. 119 105 i l i b 102

Co*l . . i !

Btt^minoms coa l ; 78 78 74 74 ! 65 64 C r u j e o i l and n a t u r a l gas 1

i* r u d e ' o i l 1 134 Pl38 139 •138 1 119 121 Metal mining 137 105 91 , 66 61

I ron o re n.a. 80 50 . 69 39 Stone #:d e a r t h m i n e r a l s 157 152 136 l 144 136

a.- « 1 1

Note.--Grcupe and subgroups include individual series not published separately,

p--Preliminary n.a.--Not available

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

Page 5: BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For … · 2018-11-07 · BCAPD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For immediate relee.se, Wednesday, July 15, 1959 G.12.3.July

# • cr Jir '^r ^co oy;: ' K

( r - -7- 19 %vt_r: - 1 : :i

17 , ted I 1 ' 1 y n s r 1 [ L '' ' - ' v | .':. r . j 1 i ! : r . 1

! ^ ^ -*7 142 111 ! 1 10d ]^c 151 1 . 0

F j r r . i t u r ^ nnd f l o o r "ever ITifS i l*-? i :5 M) lv6 1-:- "1\:, 1 'id 1 Our .1 t u r e ^ , 1 i ^ r X'- 1M 11'; 1' JC 01?cr cov- r i f i r s - ' 1 . - - - — — -

and he -tr-rr j r.. 1. 1:9 i u .. 1. 1 y} ; : j n r ^ . i i - r ices " • - : • H i - 1 ^ 1

i n. ». vv iOx 79 i 1 _ / es 1 l / v t " l 16-4 1/1 t X> ) /- - : '

^,/jnOry o:x-] i : .nces ! l-i2 176 16 ' i v : 1 17^ 1 He - t i n r \ : ar-. t u s ( u. . ' - 5 9 110 ! r l-

r a i i o s,:i t e l ; v i s i o n r ^ t s ! : v , 2 69 179 l ] h 1 ! 1?3 1-yl 1 " ; . dlC FLt.: ! ' ' i 71 67 ; , 1

' M Tf 1 - Vi.ri : r: 2 * t : 1 ^ -25 39^ ; 10 -

i { : - * , - * i ; ' f »v it •' I v . • v * . X • L *. V - - *.v *-w .» ..- vi v .1 : I

t

Aut* r z r t s and t i r e : | n . a . * t. a, r.. a . r. 1 • n ' • n . ' . . a . . . i s c . <nd ; .enonf : l rc 0 J 3 I l o

1 119 117 1)L 1 H lj.6 1 1 0'

^ u h i i : : o n s u e one ed ;, ending r e v i s i o n .

O^T. :'T ./F JUfi LH -(1 7'-7--9 - 10)/

1 i t h out sea jona 1 .d.;:.5L;"'-"T.l 1 ]Q5 0 | 1"',/ 1 '-.ay I / • c r I I-. • r , 1 %v !

'.'even e n r - o t s j r. .3. 90 67 1 1

Ga^ r%r,<rt~ I f . - . 87 ' v . 70 E l e c t r i c ranges j 1 - ? 13 * l. 'u r ~ ^ r i r e r : c o r s I 109 10) 12 A

ez^rs* ! :57 ;6o ashing r.achines ! 153 157 151 105

Dr i e r s a:.d i r o n e r s j >51 -O.i 477 .:•: 3 Vic.y_L\ c^eqr .cr j 7 !~> 1.10 y-> r urnaces i - - 11; 10) ' 1 ".^:*cr h e - t e ^ i J 10'; • 1- -1

' : t o y i i : c j ] 5 1 -0 j r e ^ e h c l J r .d ies 1 1 : u e -o r ; 1 '> 1 =! y;6 i 071 Con : : l e 1.3 i -1 TV i • y-

I i - ^ n . - - ; c r 'Xcc r i ti"*r. ';f.d ' i f * . : r : • " • • . e rv^ 'i . 1 ^ ̂ t . ; . 1' r

r e r i n : -..11- rn rr :: 11;: " t . %-)*' ir. J' 1. -^r. 1 d i v i d u a l ir/iexo 3 f c r '.0\_ en ; ] i ; , "i t l iC. ,t > : -

y.^nt, Also : .v i i l ' i b le on rc :qucst t : : 7 isior, <-f - . h r.": t * i s ' j *. •

:.. a . — O c jv3: I n t l e r 0 1 . - r. r y Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis