' ' . ' | ^ otyhtAt

"• AiK, J i; •: BOARD OF QOVERHCRS OF THE FEDERAL RESERVE"SYSTEM u •

For inanedlate r e l e a s e , Wednesday, August 15,

•6.12.3 August 151 .1956

BUSINESS INDEXES 1947-49 average » 100

Seasonally ad jus ted ' Ui,adjusted 1956 19% • 1956 19b5T

5 July June May July pJuly | 1 June | May July

I n d u s t r i a l production •Total . 136 141 141 139 12^ "• "141 .• •" I30;- :

• * Marfdfactures . 142 . . -Total 138 142 143 141 130 142 .142, ' 132'.':

; - tmrfcble- .. 149 157 157 155 141 • 156. ; 157 146 • *. nondurable . 127 128 128 126 118 127' ; 12?' : 117

'Minerals *• 122 129 129 120 119 130. 130 / ID/ : , : Consumer durable, goods

130.

• Total output 126 124 124 150 115 ' "124: .12* . "'137'"; " . Kajor • consumer durables 132 130 130 169 118 130" • 131 . 152

Autos 122 120 119 186 127 127 " 127 • .195 -•• Other Consumer durables 112 110 110 106 108 109 ' 109- •; . 1 0 3 " : Construct ion .contracts , value

109 ' 109- •; . 1 0 3 " :

•Total n .a . 256 257 257 n . a . 298' "31Q": • 28i. Pesi'dentlal* . n . a . 269 286 • 296 n . a . 297 340 • •301

* All other n . a . 248 237 231 n . a . 299 • • 291 yzm.r Employment and pay ro l l s ' : ISonagrIcultural emp,, t o t a l 116.9 118.0 117.6 114.7 11616 118.3 "117.1 1.1% .5

Manufacturing prod, workers '. 104.6 Bnpfloyr.cfnt, t o t a l 103.1 106.3 106.9 106.1 101.7 105.7 •105.4 '. 104.6

" * * • Durable • 108.3 113.8 114.4 114.0 106.6 113.9 . 114.1 112.2 Nondurable 96.9 97.5 98.2 96.8 95.8 96.2 95.2 . 95 .7

• . Payrol ls ' , t o t a l . . . : . • 1 •

150.9 157.8 157.3 : 150.$# - . . . - .

•Freight carload!ngfl . . 61 95 98 95 83. . ' . .99 100

fcepartbent st&re s a l e s , value el26 pl24 122 124 e 99 . JP116 121 : ' 98 . : department store" s tocks ,va lue n . a . P137 134 127 n . a . P131 • •139 119 , V

Becond month, of F. W. Dodge data for 37 Eastern States. Employment and payroll# Indexes are coeplled by the Bureau of Labor Statistics.

t — E e t l a a t e l p—Prelininary e.a.»*Hot arallafel*

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

INDUSTPIAL PRODIlCTTon' (1917-19 average • 100)

Seasonally iycj6

_HijUE >ted 1 . •Un~d instod Seasonally iycj6

_HijUE 1 1 9 ^ 1 19% 1955"*

p j u l / f June ' :'py 1 J : ' i y ' LJulZl June -j 1'iy^ July ""

DVRABTJS AC TURKS f • • '

Prtmafy f ie ta ls • 72 135 Uil 131 65 .137 1LU 122'.' i'ct&l f a b r i c a t i n g ' 171 168 167 166 •. 162 167 . •167 • 157 -. •.Fabricated metal products. • 135 132 130 135 130 • • 112 '• .130. . ; 139,-

• l^chxnery . » 172 168 168 .157 157* 1-65. 167 1U1 • •' - 'onei?ctr ic a5 * * ; 151 Hi? 119 136 115 •15» 151 • ' m .

fcleetrical • 212 • 205 2Ci6 1)7 130 191 19% . 165 • '• Transportat ion equipment 191 191 187 20? • 169 . . i n :I?Q. 1H •' •• Instruments 170 16U 161 151 • 165 , .161" • •lei •; ni? Clay, gla^s and lumber products 111 111 11; 1 138 136 • l'»5 ' • . 1:*3.'- 133. • •' £ t p n o c l a y and glass products l f l 160 1*2 1^2 157 .162 - .162 • 'T-.J V

f,vtnber. and products 123 123 121 126 ' 116 ' : 'V9 : ' 125.-' . r v :• •ftirni Vitif an ! mine** 1 lnneons 138 136 135 1 'ill n r " n i . .

s ' Kumi V<ire and f i x t u r e s 126 123 121 122' .117 • .116 V . .• f' ' szql'l&ncfous• manufactures IU7 116 115 .113 r<6 •liii •i;o'. 133;.:

• • ro:n>WrBLE MWIFACTURES: .

Tex t i l e s and - apparsl 106 106 107 109 90 .101" . '107 • n -. ' T e x t i l e mi l l ' p roduc t s . n. a. 101 103 10^ n. a. 1-jC 106"' : • :••

• ' Aylparel and. a l l i e d products n. a. 112 111 112 n.,3. 10'3."' 109 . • • ;$-Rubber snd l ea the r products 112 110 116 120 '3.. 109- 113 :o5 . .

Hubbnf products n. a. 113 H I 137 n. a. m •• 129 •121 f e a t h e r and products n. a. 103 10k 106 1 n, a. • 101 . 9* '

Tsper '^nd p r in t i ng . m lii3 1L2 139 j 132 . 113- ' 1U 3.' 123. • • vFap^t; r-nd a l l i e d products n. a. 161 160 lt>5 4 1. 3. 163- 160 • 139;' .

"Pr int ing and publishing n. a. 131 132 1^8 n. a. .' l iO ' 133 • in:.--. CLurriqals. and petroleum .products 165 168 169 l 'O . 1% . '•165' iW •13? '

Chemicals and a l l i e d products n. a. 178 179 173 ' n. a. 173 • 176 ' •1/3.:" •' fetroletim and coal products • 129 111 110 • 131 129 n r . . • n r . : - 1 .V •

.food* beverages and .tobacco . 10) 109 110 106 111 113 107. 110 Mod and beverage mfrs . n .a . 109 11C 108 n .a . 112 ' 107. • i n

•! tobacco manufactures n. n. n. a. 110 101 n. a. n, a; l i o : . 92 .

''.?5:':F.RALSS " ' ' -• .

.*• • • I t inera! f u e l s 125 129 130 123 120 128 129 • ' 119 ' •

Coal . 77 90 89 87 62" : 85 77 . Cr i le o i l and na tu ra l gas 118 118 119 139 1L8 1Y3" " 119 • 139-. • fe ta l , stone and ea r th minerals 102 128 127 109 111 113 . 110 120

n. a. ••'.'ot ava i lab le

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

irOHSTRIAL PROD'JCTTO:! (19U7-L? average * 100)

Without seasonal adjustW nt 195b I K

June 1 $»ay^ f Apr. | .7un« I Miy

It friary net-"la • f e r rous metals . 135 ^ 3 • 1U9 ! till . 113 \ • Pier Iron n .a . m o 1U5 13? 133 ,

Ste^ l . ru Oe 154 159 | Ih? .• 151 . *; Carb>n n.a* 1U9 ; 155 . • XLih Hi® .

Alloy s t e e l n. a. 3 92 • .191' 16) ' . 169 • Lings and forc ings l i d 121 124 . 129 : 121

' r^n'farrous metals 1UU l>i8 •. 153 ±2* . " ; ;liil» -F.sbricated ue t a l produces • -Structural met^l parts. 138 . 138 • iui • 1 *

St'zrAn%3 a icJ misc. metal products , 119 • 121 ' • 125 : 123 D i ; $&n41eclricpl machinery •• Fart machinery.' 89 98 ' : 92 7$ : ••• X .viustr ial and' Goro.iercial machinery 155 . l.s< . 1 5 6 : 3 4 . ; ; 1*4

,f-ichin^ tool4 ' and presses 193 19? • 19? l e i , ; . 157 E3.3C+ r: cal r a ih ine ry • E lcc t r i apparatus and par t s 198 200 ' . -202 ' 17: 175

f ransro i t a t i 0:1 equipment . •• ' 162 . • *utos 127 127 •• ' 162 . V 2 0 $ / '

•True/.? 121 117. •. 131 .. 13V. 13? •• ' A i r : r i f t and p i r t s 53? 522 • ' 5 1 6 i , L64 " U 69 r .a i l r %e i ca~s 56 • 6\ 21 ..

• J 9

£*o".c, clay and glass products : >'-4 -. ;• Glass and pot te ry products 139 •lli2 ' la 3 1 : >'-4 -. 11?

~ ;r/„-nt n. a. n. a - i59 ; ; 16 J ' 1:9 tamper an j products

!;ar.bt.r . IIP 111 • i i ? 12? X: 116 , f i l lr?cr< and p l y rood 151 13?. . D 9 1 207/ , ' ' 1?5

Text i le r«41-2 product? Cotton nr.d synthe t ic f a o r i c s 99 ' 109 •112 '• •] 110 . V 6 ;-

Cotton consumption 96 105 ' 107 loo.-. : .loft'.-fty i t h e t i c f a b r i c s 103 108 . .119 • 13> '• 1L6 -

tex¥ i i^s • 90 ' • 89 - •85 " : •" « ) ' : K?ii .'oo'!«: 110 108 • l t o i n ; • 1 3

A; p^rel and a l l i e d products • :'en*s outerwear . 10U 121 ' 119 | 107 -' 119 ' V, ->menfs outerwear 111 10U 115 1 . l i l t ' . 116

Vice, a p r a r e l , e t c . 109 10U 108 . -; i l C * ; : 10U v

r*s»««';ot ava i lab le

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

• • . :

' :U9'47-U^ average =' 100)

| June

Vithout seiL iy>'6

1 Way |

anal adjustv.ent •

• • 4 ' ] 9 ^ Apr. 1 .June i • ? 3 V »

Putiber products. • ^ T i t u b e s , 122 3.25 • 131 . • 1.'.6 . 13:;:..:

- Le^th'or*'•fid* products / / • ' l e a t h e r • •' ' ; " * " • ' n. a. 95 95 • "' .y? ;• • •'93 • ^ Paper and slTied .products . .

>«c9'd pulp • 18U. 137' l8U ' ••.17 5- •• .171""-Fepof And "board '• •" 152 . 152 - • iSu ' • • - in 5 lh 3'.

r PaperLoard • ' • " 159 162 ' ' 161' •• •" "153 ' 151 • v- Pr in t ' 'np ar.-i pub! i sh inp ' •

tlorr.print consumption 131 luO . l h l '• •• D i ' . ' ' • Job. pr/.ntlnf, and pe r iod ica l s 130 129 130 .. ; ; i ? 5 . . . 121.

Cher.j-c'ls and a] l i ed products 19) -. . I n d u s t r i a l chemicals 193 197 . ' 200 .135 19) -

Syn the t i c fibev's ' j . ' 169 17' 133 " •: m •173 : 126 . 125 12»t • >131 , •'. 125 •,

trol'eun and coal products «•« re. ' ining. 1!;3 llaL "• '. Iu2 . . i2' •* '

; : V - G a s o l i n e . 163 • H ; ; 150 y r'o v • ' r r i i i • • •' •."' • 13; 133 luo • -' 133' •: i : " %

; V v r o k o ' 105 138 110 • • - 1 0 ) ' ' 10> F y d Snd .beverape. manufactures

F^O'i fi iriufacVares • 109 105 . 103 •" .. : 103" ' l ? ? • '' .Meet products. . • 122 121 . 131 l'L. .ii C ••'

, Lairy jrc 'ducts . ' - . . . y 1% 3 36 121 • ' .1:5- . , iL v.-•v~ - V Zhruv-'. and fro.zen' foods 11; 96 ' "3 2.' • •.'•11- ' - • =7.',

. Orain mi 11 produces , 101 99 • 97 . 'lib-- ICi. 'fi-^kery products- - ' 99 97 ' . 95: • loo•• . ,97'

Bev r? c-S. . • '••' n.n. 115 112 '• - i s?: u 3 :• '.Air )5iil i*. jy>ver.*iirfs n. .1. 10 3 : 111. • 117' • ' 107

Paer and a l e * n. a. 112 / 111 / V6 .. , 12 : : ;.. Coal . .. .. t l t ' i r . i n )us' coal '' 39 91 , 9 1 . 73 . -_;33

'Crude o i l and na tu ra l .gas • • : . Irude o i l ' ' • 136 135 • . : 137 • . • 127. .. 123 • ... ?*r$tal -rln'ing' . . . . 133 . • 133 319 . l h l - •VI •

• i ron 6re r.. a. 1.6u 103 .. 179 •• . i r ? :• •••Stone and ea r th minerals • lit 3 1U2 133: 13h. ' ' •133.:.

• :Bote.••Croups and subrroups includr . indl v i d m l se r ies not published separa te ly . \ .

' IU e.—Hot ava i lab le

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

OUTPUT QF CONSUME# DURABLE 6C0£3 • \ \ .' (1947-49 average'- 100) 1 . . . .

i • Seasonally ad jus ted r ~ 9 ^ ~ ^ ~ p 9 5 ?

•Jure . f~May | J .Apr ̂ Jure

Unadjusted Z ~ 3 E z h a P 3 : Ju i e ] Vjbv I r>pr.i June

.MAJOR • AC VSEHOLD. QCCDS • •• . • . Turr.J ture and f l o o r coverings '• f u r n i t u r e " • * " . • '

-Floor cpver.ings" 1/ ' . . ;Appliances and heatera : .Kbjof appl iances ' .. . . . Pardee; , ' v

' Re f r ige ra t ion appliances. laundry appl iances . . . . . i

fceit-ing apparatus ' ' '*. . an j . t e i ev t e^ou sdt#

•' frsdit} pet* •. . 'V .Te-evistor. s e t t .- '.

tllRABLS GOODS'

Atj*> y&jrt9 6t.5' t i r e s . . Misc. t o r e And personal goods

n * o . . i*£ 151

:i 115' • t

1 2 1

I *• I 138.-I 143

.117 ' .148 • 171. 124 . 2c0

*f 55 ' 536 '

l i d

,'l3& 116

U 7 120

#e

14; 147. •107 153. 185. 125 218"

61 517

l l 6 l e i

a* 149 158 110 160 £11

.12a 207

55

117 122

• . > 5 14> 122 163 &6)

• 132 •269

€6 :«5d

11® ' l i f t " .106

fcfc-U 5 '

. MJ '"lib

. i d s • 109

13% 136 150 1M

118 111 117 113 116 11? 118 113

• • • • • • • •

1U3 14} 1*2 152 150 152 179 1(0 113 102 115 117 174 17) 197 l > l 16a • 176 222 ' 155F 121 11) 113. 126 I7«i 16*. 209 • 192-

)4 67 63 65 402 409 *66 434

109 . 109 .109 ICS

103 i b t . 103 105 1141 11J 114 . 1C6

i / F ^ t l i c a t i © ^ suspended pending rev i s ion of data back to 52

CUIFUT CF MAJOR HOUSEHOLD -GOODS (19^7-49 average' * 100)

i Without seasonal adjustment • .1956 • • 1/55 •

June .May . Apr. . jJune-rT t May

i'ovets ea rpe i e *77.*. 80 ' • • - V . ' .61 ...• C«3 range4 ; • '-93 ' ' 83 • • 6 8 ' •' '• 93 . , e6 :•>: t l ^ c t r i ' c ranges. •• .144 ' 1J5 - 160 ' '• : 159 125."-" ' f efr lge ' r i tor .e . • • * . "98 % 102 . 120 • • .121 117 Freezers • " \ • 193. •:l63. . 192 v: •• :• 179 154 ^a^hlng machines • . . * i 142 . ' 154- 196 " • ; 1 4 6 . - . 163 . ^ . T r i e r s a .d i roners • •• i ! 341 . 365 • • 443. .' ' ' • 3 6 4 . . . 336 •Vacuum cleaners 92 . : n o ' • • 131 • 66 : >. • 52 i ^ r t a c e a . . ' 108. • ;o6 • "102" • : 126.: 101 : ; v t a t e f hea te r s ' • • - .•157 132 1 4 5 . - . 131 "• 147.;.. Au*o radios* *•* 84 " • 100 • 106 .- • 166 200 Household r a d i o s t • 46 ' - - 5 8 - • 51" . ' 37 • • t a b l e ttodel TV • "* ' *• 462 552 •: . 62? . - 161- • 546 .•/• Console model TV 347 ' 279 ' -363 ' . H O .: m : - :v

"PPe'.438-U52>. r e p r i n t avai lable , on reques t . Back f i g u r e s , net In B u l l e t i n , on individual indexes fo r major .household goods, without • seasonal ad jus tment , a l so ava i lab le on request tp Division, of Research and S t a t i s t i c * # ..

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