5
REC7J J UN 1 Mi>57 azs.) BOARD OF OOVERrfHRS 0? THE FEDERAL RESERVE SYSTEM For immediate release, Monday, June 17 # 1957 •BUSINESS INI® ICES 19U74i9 a v e r a g e 1 0 0 June 17, 1957 Seasonally adjusted Unadjusted 1957 1956 1957 1956 • _ ; 'PMagr _ L i p r . 1 1 Mar. May pMay 1 Apr. | 1 Mar. Haty Industrial productioh, total XU3 lUi 11*5 ll*l 11*3 Hill Hi8 • •ill Manufactures Ut5 1U 5 11*7 11*3 ii*U 1U6 .150 . ' . • Durable \ . . 160 161 162 157 ' 159. 163 • - 166 . 157 •• • Nondurable. 130 130 131 129 129. 129 133. 128 , *' Ifoxtralj* . . * . 128 128 133 128 130 . 129 -.130 130 • Consumer durable goods,, total 1 1 126 126 131* 125 126 132 • 1L2- . i & . •• Major Consumer durables ' ] 133' . 1-33 m 132 133. 1U2 . 1*55 • 131. ;• • . Autos; ... .. '' ; 139 lltl 159 118, liUi 155 171 " 127 • ° # * Other* Consumer- durables •. •110 110 111. 110 108 . 109 • •111 loa. ;• •tftlllty. "output,' total * e227 p228 p226. 218 —4 : Electricity ' . e228 P229 227 216 • — A .. *- • .• i .Gas . 1 1 n. a.. i . e225 @223 22U . Construction contracts, value n. a. n. a. n.a. 257 iwa.. e n*a«. .n. a. • '• 310-?': Residential. ; ' % n. a. n. a. n. a. 286 n. a. he a* n.a. 3Uo:-: . /All. Other .' n.a. 287 282 237 n. a. 32? • 27?.: 291.) ttonagricultural enp,, total ' 1 [ 120.2 120.2 120.1 118. i* 119.7 119. U 118.6 117.9 Manufacturing (prod, workers) 1 . . •1.05.6' j.Empioymentf t o t a l ! 105.2 105.8 106.0 107.1 103.7 10U.7 .105.8 •1.05.6' Durable * . 1 1 113.6 llii.3 111*. 8 111*. 9 11J.3 lilt. 2 •115.3 lib-.* - " • .. Honourable ... * 1 95.3 95.9 95.6 98.0 92.5 • 93:6 • '9U.7 ' 95.1. e payrolls ' I —— 660.2. 162.2 161*. > 156,1*. ****** * : freight cerloadings 90 91 98 98 92 •88 9 *\ 'V*J department store* sales, value el2L pl22 127 122 el23 122 1C6 121 X)epartment store stocks,value ~ . plUl 11*1 • 13L pllt7 •iuu " 139 .. second month, of F. W. Dodgo d a t a f o r 37 Eastern States. Employment and payroll* indexes - are' compiled by the Bureau of Labor Statistics. ft••Estimated p—Preliminery n. a. »^!!ot rfvai labia-•'; Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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R E C 7 J

J UN 1 Mi>57

a z s . )

BOARD OF OOVERrfHRS 0? THE FEDERAL RESERVE SYSTEM

For immediate re lease , Monday, June 17# 1957

•BUSINESS INI® ICES 19U74i9 a v e r a g e 1 0 0

June 17, 1957

Seasonally adjusted Unadjusted • 1957 1956 1957 1956

• _ ; 'PMagr _ L i p r . 1 1 Mar. May pMay 1 Apr. | 1 Mar. Haty ™

Indus t r i a l productioh, t o t a l XU3 lUi 11*5 ll*l 11*3 Hill • Hi8 • •ill • •

Manufactures Ut5 1U 5 11*7 11*3 ii*U 1U6 .150 . ' . • Durable \ . • . 160 161 162 157 ' 159. 163 • - 166 . 157 •• • • Nondurable. 130 130 131 129 129. 129 133. 128 ,

*' Ifoxtralj* . . * . 128 128 133 128 130 . 129 -.130 130 •

Consumer durable goods,, to ta l 1 1 126 126 131* 125 126 132 • 1L2- . i & . •• Major Consumer durables ' ] 133' . 1-33 m 132 133. 1U2 . 1*55 • 131. ;•

• . Autos ; . . . . . ' ' • ; 139 llt l 159 118, liUi 155 171 " 127 • ° #* Other* Consumer- durables •. •110 110 111. 110 108 . 109 • •111 loa. ; •

• tf t l l l ty. "output,' t o t a l * e227 • p228 p226. 218 —4 : E l e c t r i c i t y ' . e228 P229 227 216 • — — A .. * - • .•

i .Gas • .1 1 n. a . . i . e225 @223 22U .

Construction contracts , value n. a. n. a . n .a . 257 iwa.. en*a«. .n. a . • ' • 310-?': Residential. •• ; '% n. a. n. a. n. a. 286 n. a. he a* n .a . 3Uo:-:

. /All . Other . ' n .a . 287 282 237 n. a. 32? • 27?.: 2 9 1 . )

ttonagricultural enp,, t o t a l ' 1 [ 120.2 120.2 120.1 118. i* 119.7 119. U 118.6 117.9 Manufacturing (prod, workers)1 . .

•1.05.6' j.Empioymentf t o t a l ! 105.2 105.8 106.0 107.1 103.7 10U.7 .105.8 •1.05.6' • Durable * . 1 1 113.6 l l i i .3 111*. 8 111*. 9 11J.3 l i l t . 2 •115.3 lib-.*-

" • .. Honourable . . . * 1 95.3 95.9 95.6 98.0 92.5 • 93:6 • '9U.7 ' 95.1. e payrol ls ' I

— — —— 660.2. 162.2 161*. > 156,1*. * * * * * * • * : f r e i g h t cerloadings 90 91 98 98 92 •88 9 * \ 'V*J

department store* sa les , value el2L pl22 127 122 el23 122 1C6 121 X)epartment store stocks,value ~ . plUl 11*1 • 13L pllt7 • • iuu " 139 ..

second month, of F. W. Dodgo data f o r 37 Eastern States . Employment and payroll* indexes -are' compiled by the Bureau of Labor S t a t i s t i c s .

ft••Estimated p—Preliminery n. a. »^!!ot rfvai labia-•';

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

Page 2: g123_19570617.pdf

INDUSTRIAL PRODU^OK (1947.L9 average « 100)

2.

Seasonally adjusted Unadjusted 1957 1956 1957 1 1956

p May|Apr. 1 [Mar . J May p Kay Apr. iMar. 4,Ma%. tUPABLE MANUFACTURES*

Frlmary. metals 134 136 137 141 137 1*1 144 11* Metal f ab r i ca t ing 175 176 179 167 •174 179 184 16? .

f ab r i ca ted ' metal products 135 139 137 130 135 13* • 138 130 • .. Machinery . 169 167 172 171 •166 ' 171 . 177 •168

.• Nonelectrical 153 152 155 151 155 158- • 161 15) • E l ec t r i ca l 196 196 204 208 189 195 •' 208 . 198 .

' t r anspor ta t ion equipment 213 217 222 167 214 222 •228' • 18»_. . Autos, trucks,• and par ts 124 127 135 110 12T 135 , " 142 I l 6 •' Other t ranspor ta t ion equip. 351 355 355 302 347 ' 355 358' .299

Inatrumenta- 171 173 173 163 171 175 174 163 . Cl*y, g l a s s , and lumber products 133 133 132 141 135 1 3 5 132 .143

Ctoae, Clay, and glass products 156 156 155 162 156 .156 153 162 • Lv.'^er and products. 112 112 111 121 115. 117 • 112 125 Fur: Hvre and miscellaneous 131 133 130 135 127 ' 130 . 131 131 • f ' . rn l tu re and f i x t u r e s 120 121 118 123 114 118 119 H 7

. Miscellaneous manufactures 139 141 137 143 136'. 138 139 140

Kom$tABL£ MANUFACTURES l ' :y . t i les and apparel 103 104 105 107 -104 . 104" 115 107

t e x t i l e mi l l products • n . a . 99 101 103 n . a . 99 106 105 ' Apparel and a l l i e d products n . a . 109 111 111 . n . a . 111 . 12S n o Butter &nd leather products 118 118 124 114 117 120 131 .11}'.

But ter products n . a . 130 144 127 n.a# 134 • 150 •. 129 l ea ther and products n . a . 107 107 103 n . a . lo"7 H5 . 99

ffeper and pr in t ing 147 147 147 145 148. 150 151 .14*. • Paper and a l l i e d products n . a . 156 157 160 n.a# 161 16) . 160 . t r i n t i t i g and publishing 142 141 141 135 143 143 ' 144 136 •

•' NeVoprint consumption n . a . 128 132 132 n . a . .137' 137 14: " • Job pr in t ing and per iodicals n . a . 148 145 137 n . a . 146' . 147. . 135

Chemicals and petroleum products . 173 172 171 167 171 .172 174 166 • Chemicals and a l l i e d products n . a . 183 182 177 n . a . 184 186 •• 176.

. I n d u s t r i a l chemicals n . a . 204 202 197 n . a . . 2C6 • .206 197. Petroleum and coal products 144 142 141 140 141 138 139 13*

Food, beverages, and tobacco 111 112 113 111 106 106 J05 ici •• ' 100d and beverage mfrs \ n . a . 112 113 111 n . a . i cy • i t * ' i ce

Food manufactures n . a . 111 113 111 n . a . . 102 • 104 ' i d : Beverages n . a . 115 114 111 n . a . 118 ' 109 .11;

•. Tobacco manufactures n . a . n . a . 111 106 n . a . * . a . - I l l . 11: • 'toUEBALSi • • • • ' -

Klneral f u e l f 128 128 133 128 128 130 13V • COB.% . • • . 84 88 93 85 63. • 64 • 68 . :8= •

Crude o i l and na tura l gas 150 147 152 149 150 151 •155 , • Crude o i l - n . a . P139 144 134 . n . a . pl44. 148 13.*

• llatura'l gas and gas l iquids n . a . n .a . pl94 . 190 n . a . n . a . p2C2 16V Keta l , stone, and ear th minerals 125 128 132 129 137. 123 •114- 14V p*•Preliminary n.a»*»Net a v a l l a t l s

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Page 3: g123_19570617.pdf

T'lDt'STRRL FR0CVCrT0!' fl9U7«4*9 average » IOC)

~*fi thcut seasor.al ad Lrv57

Acr. | »:ar. Fob. " i AP-;., I ' a r .

• f r t : : ar/. r r t a l s 1 . ' 1 UU9 ! • 1*49 F~rr;^s 1 138 HJU •

. ' 1 UU9 ! 1U9-. • 1*49

Fif iron . ! 1 luU • L'7 ' lit 9 I . > 5 : ' \ - ! lu7 ir-u 160 | 159. •• 163 • ••

. furVnn r t e e l • j 1 1U6 l r 2 159 • 1 155 • 15$ • •:• . " / . U c v s ^ l . ' % / ! 1 151 IC3 167 . 1 101 : ' • 192 * •:

Ani Turgirgs ' 116 1 2 2 12H | 129 •• 123 •'• • ?:cr.*Vrr"us r : : a l s " . • j 130 1L»5 •ISO . ! 160 '• 1:0 -

j -eite] vroduc'tF • i | • I Ttf i " :r%l ret%l p %rts ' i 1U7 ' XL 9 11:9 1 iuo' . . • • 139-

. / 'T:Pr _r.":' p'r.d r.is:. r/*t$l products 126 129 1*3 | 1 125 >•'126-.ri '/al rccMr.or; • . 1 i

?3r~. i:r.'sery • • 1 1 90 92 8£. 1 92' and Icr.r-.ercial r^chinery 161 :.63 16U j ! 156 '• n ,

e ;/:chine £r*d presses 198 ;;02 . 2 oh ! . i

197 • .19*- ... , »_ -r. ; \ ; I c . X •: s : i. * F.e ry

>> c t r : q' i r-x•* ra ' ur ar.d• parts 20u 2C3 •210" i 2 0 1 • * l®i " . j :r* - :r c- r lienor 1 •. : 1 : - . 1

. , " 1 • h i i" ' * • * • . • • ' 1 r ; 5 171 178 1 162 If 3 V.' '.TrV.-'r . ' . • ! i?o 109 . . 113 1 1 133 130 .. M v c r - f t nr'-i p ir+r " ' e i 1 629 633 •' • 630 • ! 1 516 * •. 511

rc" * cd c^r& - . . . | % 93 86 • 1 cQ . s? . -3f cpr# .r 1 *-yf a.v; *- *laqs products ' I . • } . . . 0 1 L Z Z £nci pr t. v r y products I Ha lli 5 Ili5 ! 1 U;3 • ino -%

'erri-r.t. • • '* • ' n. a. 133 116 •; | 159. ' 137. y i turrcr t r.-~-iyn t s • '« •

1'^rtor 100 100 ' 98 ! ! 11? • 10$'. plyrocd 151 170 • 181 • ! 1 1 9 7 193 : •

. T: r-ill -pr d v -: 1 1 1 • 112

• • •V.° QoV r, .-..'H s~!V>etxc fab r i c s ; 102 111 111

1 • 112 n $ y

- . ^ Cot* :n cons'jr.ptiin 95 202 101 117. loti- • • '-£ynt!.o* i2 fabrics* ' * 117 123 129 1-19 13? '

^ y .t( y" i J'-S"' ' ' . ! 78 79 Rl. . 39 • 85'..-? nj t ' o r . 1 102 109 10$: • .UO. # • 119

Arp ir :-x ai.; a l l i e d products 1 • * •• 1 r ^ cu t r- rm *»r 99 113 . 111 119 • 114 •

^ »' .r fj s ? u * r / q a r 1 121 lb 8 • 130 [ 115 ' • 12 r ; . apcarvlg; e t : . ! i n 116 117 1 1 108 . .11U

n * ' c a v a i l a b l :

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INDUSTRIAL PRODXTTOtf ] (19U7-U9 average = IOC)

1 v

1 V . I " •:.i 1 ihout sess j'r.c.r scfl'. :stT.jn L • . . . . 1 V)<\1 - ?56 •r- "

. . ' 1 Apr. | Mr'.r. | Feb. 1 :pr . 1™ v i r - Z

Rubber products 134

i 1 Tires and tubes 121 ' • 13U '• 134 . 1 13) '• 130

Leather and products i 96 lea ther . n . f . •96' , • 99 1

1 •1 96

Paper 'and a l l i ed products • 1 1 •1

i3u T'ood pulp. - 182 181 .181 I i3u •paper and board 150 ' 150 . • 151 ' 1 15V . v ; j

Faperboard 155 •• . 1 # 155' 1 161 . • \$y .

Pr in t ing and publishing ' t • : •%% • • t'ev.rprint consumption 137' 137. 123 ' t 2Lt ' • : •%% • •

: Job p r in t ing and per iodicals 11*6 Iu7 •• ' iLn. i • 135 *• - t t s ' Chemicals and a l l i ed products

• 206 ''• . i

. I ndus t r i a l chemicals' 206 • 206 ''• • 50?' 1 ' $C9 Synthetic f i b e r s 199 196- • 102 #' l d j : • .in . •

Paints . 12 2 . •; 120 - -.12.: 1 121*' .. • 12!,. . Petroleum and coal products

Petroleum re f in ing ' j 1 lii6 • ' i u i r U ' • \ • Gasoline ' ' i ! 156 vz •' 15? % J 153 ./•• - : 5 9 '

Fuel o i l . . 1 : il*3 ' • 1 5 1 / 16f» 1 . 1M 119 •• 'Coke ' I 1 107 111 • 113' I ' n r '• 111 . •.

Food and beverage' manufactures 1 ' t • ' 162 Food manufactures | ! 102 1CL ' 30a . 10? • ' 162

Vc-it products • • j • 123 in '• . i:<3 • 131; : :-'l*36 • Dairy products 121 • • 109 . 10? * f 121 • • 1 r n

• ' Canned and f rozen foods 89 12 • eu.. ' i •• 65" • 8 2 / . ... Grain mil l products. 95 • '99 ICC' . t •97 ' - t ' . Bakery products • 97 ' ?6- ' • 96 : 1 •.95-.

Beverages • I 118 109 •' ' . 97 • > 117 • T i .Alcoholic beverages ! ! n. a. • .1(5' ' .93 • > t III - 10$ Beer and ale . | . n .a . irk • 86 i i l l : . / 1C } '

Coal Bituminous coal 90 96 .92

.? • t

l ' 9 1 •n

Crude o i l 11J; • D.3 Hi 7 . • ! 137 • V9 .' Tfetal mining 110 • 95 . . 93 . "121 . .9> • Iron ore n. a. . it : ' 50 ir 10a U6 S tone ana ear th minerals 136 1 3 3 •

' .12? •

' •

133. ' 129," •

TJote,—Groups and suhgrouos include individual se r ies not published .separately#. . • ' . . • •

tu a , *-Mot avai lable •

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Page 5: g123_19570617.pdf

OUTPUT CONSIDER DURABLE GOODS-(1967-69 average =-100)

Se lasonclly adjusted Unadjusted . 1957 11956 ' 1957 • 1956

Apr. I Mar. 1 Feb. 1 Aor. tor. 1 Mar. %

cr -./pr.v

IV. J OR HOUSEHOLD GOODS; •

f u r n i t u r e eiat fib of eoVeMnga ' 113 . 113 113' -117 113. 116. * 116 m Furniture * .• ' • ' 120 118 *17 . 121 117 119 •' 118 • 11& Floor eoverjkgs 1 / . - - • - - -

Ap7.lip.nces end hea te rs . n . a . 133 137 • .167 n . a . . 151 • -166 .162' . i'.bj of appliance®• ' - n.a*. '• 160 166 * 155 n . a . 166. • 158 . 178 '

Ranges - M 100 103 110 .92 *116 116 ' 115.' - '"Refrigeration'"rppliances . n.a.' 151 153 155 1 n . a . * 183 : 162, 197

taundry .appliances* n . a . 177 . 133 - 211 n . a . . 195' ' 206 • 224 • * Meeting apparatus n . a . 111 ' 1 U 121 n . a . 106 100 . H 3 fledio" end te levis ion ' se t s • 167 135 189 219 159 196 • .201 20)

Radio se t s 75 80 31 . 66 72 ' 86 '83 63. . .Television se t s . ' ' ! 363 333 395 • 512 326 • . •Air: , 427 . 68fr

'OTHER CONSVMR'DURABLE GOODS: • : ••. • . : \

'Auto per ts a n d " t i r e s " n . a . ' 112* 116' . 105 n.a* i o r 110 W "i'dsc# 'nozf land' personal goods .112 *110 113. 116' i n : 114 • 116 : >14

J / -Publication suspended pending revis ion of data back to 1952*

. ' \ O'JfPUT OF MAJOR HOUSLHOLD GOODS-

(1967-69 everage 3 100)

Without seasonal adjustment a e ' 1957 1956.

Aor. ' 1 Mar. 1 Feb. Aor. 1 u !!ar*im

Woven carpe t* 82 . 91 92 Gas-f^ngea . . 82 91 102 • 63-.

. . 93 .

jBlectr-i" renfeeS • 109 151 ' ' 1 6 0 ' . •' 160 ' 170 ' ' f tef r lge- ore . 98 116 ' 106 ' ' 120 , . 131 f r eeze r« ti * a • 193 • 171 192 .159 Mesning machines' n.a* 168 • 168 • 196 - 199 • Driers T.r.d' Iro'ners • • n . a . 633 563 '• • 663 571. ••• •Vacuum cleaners •ICO 116 . 117 131. . ' 160 JXtrnece s. • n . a . 96 ' 91- • ' 102 -v 112 .. • Water h e a t e f t 130 127 126 165 • 169 . Juto. radios • . 135 170 "185 .- l o t .136

. Household radios • 56 60 55. ' 51 52 t a b l e model TV ' 391- 659 - -673. €23 . •565 • Console model TV . 267 368 385 1, » 458 •

Xote*—For descr ip t ion and back f igu res see Federal Reserve Bul le t in for May 1956 pp. 638-652, r ep r in t available on reques t . Back f i g u r e s , not in Bu l l e t in .

• o n individual indexes fo r major household• goods, without seasonal adjust* KeRt* e l s e avai lable oti re quest to Division of Research and- S t a t i s t i c s *

Not e»ailebl#.f

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