For release in mrrninr papers, Friday, Hay 30, |1952

G.12.3 Kay 29, 1952 BUSINESS INDEXES

1935*"39 average = 100 fo r indus t r i a l production and f r e i g h t carlo&dirgs; 1947*^9 average 100 for a l l other ser ies*

Seasonally adjusted Unadjusted 1952 1951 195% 1951

Apr* | bar . Apr. Apr* 1 H&r. Apr.

Industrial production* p2l4 Total p2l6 220 223 p2l4 21? 222

Manufactures Total p225 231 2% p223 28 232 Wrable p276 283 279 p2?6 281 278 Hondurable pieu 183 198 0181 lCh 195

Minerals pl61j. 163 l6U pl63 158 162 Major consumer durables output

liiO Total plo6 107 158 pl03 110 liiO Passenger cars PX13 10? i a pllL 108 li '6 Household r;oods^ P 99 106 131 plOl 1:2 13U

Construction cont rac ts , value Total n . a . 164 199 n . a . 160 228 Residential n*a* nh 170 n . a . 183 200 All other n.a* 157 219 n . a . 155 2U7

Employment and payrolls pl06.8 106.9 106.6 105.6 &or.agrlcultural esip 1 oyment,total pl06.8 106.9 106.6 pl06.2 105.6 105.7

Kanufacturin? production workers Ekaplcymcnt, total P105.7 103.5 107.1 pl02.6 103.I* 106.0

Durable P109.4 108.8 111.6 pl09.it* 109.3 111.6 Nondurable P 96.9 97.14 101.8 p 9^ .8 96.5 99.4

payro l l s , t o t a l 128.4 131.2 129.5

Freight carloadings 125 13; 156 123 m 13:

Department store s a l e s , value elOk 105 ioh elOh 92 99

Department store s tocks , value - - lli+ 138 120 145

* Estimates, seasonally adjusted, for ilay 1952* total industrial production, 2llt; durable manufactures, 2755 nondurable manufactures, 182; minerals, l 6 l .

Construction contract indexes based or. y-nonth moving averages, centered a t second month, of F# Lodfe data f o r 37 Eastern States#

Ihe unadjusted indexes of employment and payrol ls are compiled by or based on data of the Bureau of Labor S t a t i s t i c s * KOIE: See Federal Reserve Bulletin for kay 1952# p*502, for announce nert regarding

ten ta t ive new annual production indexes fo r 16 major groups of ra rufac tur ing indus t r i e s , 191&7-51*

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IHl'STRIAL FROnjCflOiT (1935-59 average x 100)

2 ,

Seasonally adjustea ( Unadjusted 19f>2 I 1951 f 1952 1951

Apr. | Kar. 1 Apr. 1 Apr. | Mar. Apr.

;cAi:urAc:uR5S

Iron and s t e e l p2h5 262 26k p2l5 262 264 Pig iron 205 2J) 231 205 2%) 231. Steel 276 30 9 301 278 3:9 301

Open hearth 196 225 218 196 225 218 E lec t r i c 855 911 891 855 911 891

machinery P3k9 357 337 P349 357 337 Transportation equipment p}27 322 311 P,'2? 322 311

Automobiles (incl* par t s ) p226 217 255 p226 217 255 Honferrous metals and products p21? 218 211 p217 218 211

Smelting and r e f i n ing p260 252 227 p260 252 227 Fabricat ing p200 2GU 20L , p200 2Di 20k

Lumber and products P151 158 170 pl 51 149 169 Lumber piW ll+9 162 plliO 135 161 Furniture P172 175 185 pl72 175 185

Stone, clay and glass products p22U 222 247 p220 2.12 2U 3 Cement n.a. 2LU 2L3 n . a . 2)0 231 Clay products P175 176 189 pl70 167 183

Texti les and products pli+5 153 185 plii5 153 185 Cotton consumption 130 11:1 153 130 li;l 153 Rayon de l ive r i e s < 282 ' 288 380 282 285 380

Leather and products n.a. 108 106 n.a. 108 106 Tanning n.a. 86 97 n.a. 86 97 Shoes n.a . 122 112 n.a. 122 112

Manufactured food products pl62 166 148 plb8 19 152 Wheat f lour Pl07 103 108 ! p l03 101 103 Meatpacking pl63 179 163 , pl50 lo5 150 Other manufactured foods pl69 172 177 p i5 l 1% 157 Processed fruits'and vegetables P139 150 169 p 85 03 103

Paper and products pl85 192 211* pl86 192 215 Paperboard 202 205 253 202 205 253

Pr in t ing ar.d publishing ?177 177 183 pl82 180 188 Newsprint consumption 16U 16L 171 17k 171 181

Petroleum and coal products p26k 278 255 p26h 278 255 Gasoline p205 210 193 p205 210 193 Fuel o i l p2l8 227 20li p218 227 20U Coke n .a . 187 185 . n*&* ld7 185

Chemicals p295 29U 296 p298 298 298 Paints pl5k 155 16L P155 155 165 Rayon 265 270 377 265 270 377 Indust r ia l chemicals ~ P567 563 532 P567 563 532

Rubber products P239 2U5 238 P239 2L5 238

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B'DUSTRJAL' PHOLl'CTirr (1935"39 average == 100)

Seasonally aai us ted Unadjusted 19b?- - | 195i- r * 19.52 1... w

Apr. | Mar. J Apr, Apr, , j 14ar. j Apr.

Fuels pl69 170 167 pi69 170 167 Coal 110 111 120 110 111 120

Bituminous coal 119 122 133 119 122 133 Anthracite 7k 68 6k 7k 68 64

Crude petroleum * P198 199 191 pl9S 199 191 Metals Pi 37 125 litO pl26 89 129

Iron Ore p223 9k 231

FRFIC-HT CARLOADII- OS (1935-39 average * 100)

Coal 103 i l l 112 ' 103 111 , 112 Coke 166 196 197 163 198 193 Grain 1?) 139 158 115 128 139 Livestock " 73 66 68 65. 53 . 61 Forest products 12*2 . 141 156 142 i4 l 156 Ore 170 ; 257 212 195 .75 . 193 1 Miscellaneous II4I 11+9 151 139 142 149 Merchandise,' l-.el 46 1 47 51 k7 .48.\ 51

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OUTPUT OF HOUSEHOLD CUGDS I9h7-19h9 = 100

4#

Seasonally ad jus ted Unadjusted 1962 I m i 1952 1951

""Epr.j Feb.| Bar. Apr.J Mar. j I Feb. Mar#

TOTAL P 99 106 108 151 plOl 112 109 158

Carpets n.a . 80 75 102 n.a# 85 78 109

Furni ture pl08 103 lOi* 119 Pi05 106 107 123

iTajor appliances p 81* 98 95 139 p 86 10l* 97 ll*3 Ccoking s toves , t o t a l p 66 eu 77 193 p 67 86 77 133

E l e c t r i c , t o t a l 57 101 90 145 Standard 58 98 9 3 150 Apartment 37 129 61* 96

Nonelect r ic , t o t a l n . a . 77 69 125 Gas, t o t a l n.a . 89 79 11:5

Standard j 1 n.a* 88 73 12*5 Apartment n . a . 97 120 ll*6

Bungalow and combination n . a . 1*7 16 80 All o ther n . a . 32 % 51

Driers 623 600 569 621 502 600 61*8 621 Freezers n.a. 170 161 198 n . a . 175 161 201* Ironers 25 37 1*5 86 23 38 1*8 37

R e f r i g e r a t o r s , t o t a l n.a . 95 89 11*8 n .a . 100 90 11*8 %h cubic f e e t or l e s s n#a. li2 12 36 5.5-u.L cubic f e e t n .a . 57 11* 11 6#5-7*^ cubic f e e t n.a . 12 33 71 75-8.i4 cubic f e e t n.a . 101 97 216 8*5 cubic f e e t or over n . a . 22k 198 261

Vacuum cleaners 72 91 82 87 75 105 86 101 Viasning machines, t o t a l 78 90 99 120 81 97 103 130

V , r i n g e r and spinner W 57 53 96 Automatic and semiautomatic 136 166 187 187

Radios and t e l e v i s i o n P125 r l 58 262 pljO 151 rl5l* 283 Radios, t o t a l P W r 1*9 96 p h& 1*5 r 1*7 100

Small n .a . 57 58 98 Automobile n .a . 95 r 99 19) Consoles and combinations n .a . 13 H* % AL5-FI! console combinations n a . 10 11 116

Televis ion , t o t a l p277 %0 r38U 60I* p298 370 r376 661 Table

p277 n . a . 272 r290 hou

Consoles n.a# 702 r653 1212 Combinations n.a# 45 111 3L6

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