;.12.3

c r GO^RNOnS OF THE FEDERAL RESERVE SYSTEM

Per Izncd:ate release Friday, October 30/ 1^53" Oct

BUSIIiESS INDEXES

1CS1

:ber 30, 1953

1935*39 average = ICO for Industrial production and freight carloadings; 19^7-4$ average"^ 100 for all other series

Seasonally adjusted Unadjusted 1953 1952 1953 1952

Sept.| Aug. Sept. Sept.| Aug. Sept,

v.t ll p232 235 228 p236 238 232 Manufactures

Tot al P243 24? 237 P247 250 242 Durable P303 309 290 P305 311 292 Nondurable P195 196 194 p201 202 201

Minerals 2/

pl6? 167 175 P172 172 180 Ka,icr consumer durables 2/

Total 2/

P130 138 6 - pl34 H 6 83 Passenger cars pl35 149 61 P137 149 63 Household goods pl23 127 106 P132 123 104

Construction contracts, value Ict:il ' 1 208 205 207 210 216 209 hebidentlal 176 184 191 177 183 192 All other

1/ 229 220 218 233 239 221

Employment and payrolls 1/ Ncnagr:cultural ezrplo^iaent, total pll2.4 112.8 110.8 P113.5 113.1 111.9 1'tanufacturing production workers * Employment; total 'pl09.6 111.1 106.8 pill.6 112.0 109.0

Durable ' 'pll9.5 121.3 114.1 pll9.8 120.6 114.4 Nondurable P 97.9 99-1 98.3 pl02.0 101.9 102.6

Payrolls, total - - - - el48.6 I5I.7 143.3 Frczgr.t carload!ngs 126 130 134 137 134 145 Department store sales, value pic6 112 108 pllO 98 113 Department store stocks , value n.a. 131 120 n.a. 126 124

T?Estizstes, seasonally adjusted; for October 1953: total industrial production, 232; total manufactures, 2^5; durable manufactures;307; nondurable manufac-tures, 1:~; cinerals, 1&2. . .

?/ See r^ta on pa^e 1/ -he unadjusted indexes of employment and payrolls are compiled by or based on:

da: a ?f :he bureau of Labor Statistics. Crrsir^cticn zcniract indexes based on 3-month moving averages, centered at

second zonth, cf f. W. Lodge data.for 37 Eastern States. EBtinated p - Preliminary r - Revised n.a. - Not available

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

INDUSTRIAL PRODUCTION (1935-39 ivi-ra^c-100)

seasonally adjusted Unadjusted 1953 1952 19S3 1%52

Sept. 1 Aug. Sept. Sept, 1 Aug. Septi MANUFACTURES

Iron and steel p266 277 270 p266 277 270 Pig iron n.a. 2h6 2L2 n.a. 2L6 2L2 Steel p296 311 319 o2Q6 311 319 Open hearth p221 225 222 p2 21 22< 222 Electric p82U 923 1013 pd2U 923 1013

Kachinery p385 389 351 p)v5 300 35L Transportation equipment p376 385 353 p376 3?5 353 Automobiles (incl. parts) p26l 272 2L7 o261 272 2h?

Nonferrous metals and products p237 236 225 ?237 236 2?5 Smelting and refining p286 282 2i8 o286 282 2L8 Fabricating p217 217 216 p217 217 216

Lumber and products pl50 153 155 p!60 163 167 Lumber pl35 138 1U0 pl51 153 159 Furniture pl?8 182 193 pl?3 182 163

Stone, clay and glass products p232 231 222 p2U 3 2hl 232 Cement n#B# 238 227 n.a. 269 263 Clay products pl50 1$U 161 pl57 159 167

Textiles and products pl6l pl66 177 D161 0I66 177 Cotton consumption 138 139 1U5 133 139 lu5 Rayon deliveries 327 3h6 377 327 3U6 377

Leather and products n.a. 110 112 n.a. 110 111 Tanning n.a. 97 97 n.a. 96 95 Shoes n.a. 119 123 n.a. 119 123

Manufactured food products pl62 160 168 pl8L 182 192 Wheat flour ?110 10U 108 pl!9 103 118 Meatpacking pl82 168 170 170 150 ISh Other manufactured foods pl65 165 175 plf-3 138 207 Processed fruits and vegetables n.a. 122 113 n.a. 232 279

Paper and products p21ii 216 192 p21U 215 191 Paperboard 260 261 233 260 261 233

Printing and publishing pl78 182 165 cL7? 17U 166 Newsprint consumption 169 171 166 170 153 1*8

Petroleum and coal products p29 2 297 262 n2S2 297 2*32 Gasoline p2l*0 2k6 2 3h oShO 2Uf> 2jh Fuel oil p223 226 232 p"2> 226 ?32 Coke n.a. 188 177 r..a. 168 177

Chemicals P322 325 302 p32U 322 305 Paints pl59 160 155 ol58 153 153 Rayon p320 359 370 D323 359 370 Industrial chemicals p635 637 567 p6>5 637 567

Rubber products n.a. 259 252 n.a. 25Q 252

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

3.

inr.U2Tr.IAL r-0 LillCi! (1935-39 average=100)

|Seasonally adjusted Unadjusted 1 1953 1952 1953 1952 i Sept.} Aug. | | Sept. Sept.j Aug. Sept.

MINERALS ! j

Fuels ! P173 172 180 P173 172 180 C:%1 I 113 106 133 113 106 133

incur coal ! 126 119 144 126 119 144 j 60 54 88 60 54 88 j p202 205 203 p202 205 203

- * j P134 134 149 ' plo3 168 178 .r:r ore n.a. 394 4l8

F5E1GHT CARLOAPIHGS (1935-39 average=100)

Coal 114 112 135 114 112 135 164 169 169 162 162 187

":Vi : 1. 131 131 123 147 142 138 Lives roc'*. 59 58 70 78 55 93 Fcrect :,rcducts 137 1^5 140 148 153 151 :re 216 221 235 324 331 352 Misceller.ecu? 139 1;':5 144 150 146 155 Mcrcl.ar.i::e^ l.c.l. 43 44 45 45 44 48

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

OUTPUT OF HOUSEHOLD GOODS 19^7-^9=100

Seasonally adjust sd i /r.ii 1953 i 1^21

Sept. | Aug.| July 1 .~.ug.! ; Aug.) July 1 TOTAL Pl23 127 128 ir3 Ipij2 123 17-

Carpets 1 a.&. 73 Lh 71 Furniture pll3 119 12* 11? ! 1115 117 11- 11c Major appliances P 95 100 108 Ju ! p:C7 e-;. Oooklng stovee, total I n.a. 6-') *r Electric, total 1 11^ yr-

Standard 1 121 87 /5 6; Apartment j 1- yi Nonelectric, total I n.a. 77 -v Gas, total 1 r..a. #V/ Standard 1 \ n.a. i-j f-U Apartment 1 ! n.a. 12-. i'-i 1:9 Bungalow and combination ; | n.a. 26 :1 All other 1 n.a. 27 *7

Driers I i i 1261 2 32^ 731 Freezers j r.. -1. 1?6 V 2 Ironers j 26 2 * Refrigerators i *>2 c 77 5-

$.4 cubic feet or less ! C.0 - 6.4 cubic feet j 10 21 < *

6,$ - 7,4 cubic feet ^ 36 31 c 1 7.5 * 8.4 cubic feet *1 41 8.5 cubic feet or over ld'4 ir 1:/ I2C-

Vacuum cleaners 67 rl Washing machines, total i 1.-5 l:'l 102 Wringer and spinner ; '1 52

Automatic and semiautomatic 2vC 2.?? *rl Radios and television 221 217 20k 1^1 1 c:-6 221 1-3

Radios, total {? tr ^2 :2 Small 3D 70 39 Automobile 1)1 IV7 Consoles and combinations i IV AM-FN console combinations l 15 1:> ) 7

Television, total 5,-3 5:4 Table ! - : c:/ 2, Consoles 11111 r r Combinations

,!

i j.66 !

CA

Note - Pending a general revision of the insex of major consumer iur^il} be completed In a fev months, Including revlsicxs all ^e-iscn^l allow* ances^ publication Las been discontinued of the a^usted Iniexea fcr carpets and for individual series in the appliance; raci r, :n% tele/ir.^r. groups.

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