• ;\ic o N LR/c, SYSTE

. . For immediate re lease , F: '.jay, June i5» 1956

EOAF.D- OF GOV̂ KNOI-5 OF THE, FEDERAL RESLRgc, SYSTEk J Lit-' ] K

3.12.-3

BUSINcSS INDEXES 19U7-1*9 average • 100

June 15, 1956

Seasonally adjusted

Bc.plo2-T.ent. payrolls • hofiacricultural en;p., t o t a l

- kanvfact'jring prod, workers • • L'.f'loyn.eni, t o t a l

Durable * Fcncurable Payrol l s , t o t a l

Freight w r l o a i i r g s

• te^artcpfit store s a l e s , value tej.art~<n.t s tore s tocks , value

Unadjusted 19?5 1 9 # 1, l?r->

n]iay— ; Ihr. Mar. Lay pMay 1 Apr. Mar. 1, ,

Industrial production Tc'-al . lli 2 11*3 i n 138 11*2 11*1* 11*3 ' 138 Manufactures

/ - Total- • 11*3 11*1* 11*2 UiO 11*3 11*6 . 11*5 11*0 TufaLie • • 158 160 156 153 158 163 .161 155»

' . .Nondurable 129 129 127 127 127 129 130 • 12U - Minerals - 129 129 130 121 130 129 127 ••'12 2"

Consumer curable gcods ' l o t a l output • 126 132 132 21*5 126 i a • 11*3 •' 11,7'

• L'djor consumer- durables 133 11*2 11*3 163 131* 15U- 157 ' 167. Autos . 119 11*2 11*8 190 128 162 163 •. t05-household 3x5 11*5 11*1 H I 11*2 150 155 •• 136

Cthcr Consucer durables 110 l i e 109 103 109 109 . 1 0 8 .102. Construction contracts , value

i¥>' •_ Total " n .a . 277 287 21*5 n .a . 319 • 291 • • i¥>' • Fesirientiai n . a . 315 317 280 He a# 370 ; 33L • • 332-

All .other • n . a . 252 267 221 n .a . . 281 .263 . • ••.271'

117.2 117.2 116.7 113.7

106.5 107.2 113.9 115.0

97.7 98.0

98 99

106.lt 1 0 5 . 6 113.8 113.0

97.7 96.9

100 96

el23 pl22 122 117 n . a . pl36 135 123

116.6 116.1 115.'* 113.1

105.0 113.7

9U.8

1G6.0 106.1 11U.9 l l u . 2

95.6 96.6 155.5 158.2 157.9

100 97 93

l oU . l 112.7

'• 9UJ 1 >0.0

9*

el21 p l l 3 111 ' 116 n . a . pll*2 . 139 . 127.

Construction contract indexes based on 3-conth moving averages, centered' at eecond m o n t h c f r • W» Dodge data fcr 37 Eastern Sta tes . Employment and payrrllsi.

; Indexes are eonpiled by the Bureau of Labor S t a t i s t i c s # .• v

•—Est l i ia te i p—Preliminary n.a*—Not avai lable .

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

INDUSTRIAL PRODUCTION (19li7-u9 average « ICO)

DURABLE 1/ANUF ACT URES t

Primary metals Letal fabricat ing

Fabricated metal products i'arhinery

Nonelectrical E lec tr i ca l

.. Transportation equipment • Instruments Cl&y, g lass and lumber products

Stone, clay and g lass products . Lumber and products

Furniture and miscellaneous Furniture and f i x t u r e s

• Miscellaneous manufactures

ROliDURAWJE wiNUFACTURES:

Text i l e s and apparel • .Texti le mi l l products

Apparel and a l l i e d products Rubber and.leather products

- -Rubber products " Leather and products

taper 'and printing Paper and a l l i e d products

' •' printing and publishing Chemicals, and petroleum products • Chemicals and a l l i e d products ' Petroleum and coal products f o o d , beverages and tobacco • F o o d and beverage mfrs. •'Tobacco manufactures

•KIHEKAlSt

Mineral f u e l s '• Coal e..e

• -Crude o i l and natural gas Metal, stone and earth minerals

Seasonally adjusted j Tmecj' •sted 1956 19551 1956 19f5r

pMay Apr. | Mar. May i pMay Apr. | in ,

11*3 11*5 11*5 11*0 11*6 , » 11*3 168 171 166 163 •' 169 17 L 172 • 165 • 135 135 132 131* 135 : 136 13 U 13k , 169 171 162 153 : 167 172. ' > 8 ' 151 150 151 li*7 131*. 151 -• 151* " •iSk' • 13? 2C6 2G9 191 159 198 •207 196 •• • 131 188 19U 197 202 ' : 193 . 202 '203 . io?-165 163 160 11*2 ; 165 ' 165' 'm . 11*2' 11*0 139 137 137 : 11*2 ' 11*1: 0.35 ' 139'. 159 158 156 11*9 ' 159 158 153.. '• lii9 123 121 121 125 . 127 126; '119 -• 129-; 135 132* 132 132 1 130 132- • 1?.7 : 121 121 120 117 • 116. 119 '122;'- V 3 • 11*5 01*2 11*1 11*2 j 11*0 '1L1 . ' '3L2 • •;i37.;

108 108 107 110 i ice • 111 115 110 n .a . 106 1C6 1C6 • n .a . . ICS . u p . 10& n.a . 109 108 111 t n.a* 111. 120 * 113 116 118 119 125 ' 112 120 X?S m . n . a . n .a . 136 11*7 i n.a* n.a . ' 1 U • .11*6 n.a* 105 105 105 n.a* 105 . 112: ICO. 1h2 11*3 11*0 138 ; 1143 1U6 11*1* .137 n.a* 160 157 156 • n.a* 165 lo3 : 15J n .a . 131 129 126 ! n .a . 131* ' 132 127 168 163 166 159 ! 16k 168, •169. .156. n.a* 177 171* 168 ; n.a* 179'- 179 : 165' 11*2 11*2 11*1* 131* j 139 138 . ' 11*2 • 131 112 112 110 1C8 ! 1C9 10li • 103' • : i c 5 n . a . 112 111 108 i n .a . 101* \ 103, • -lCli. n . a . n . a . 107 109 j n.a# n .a . ; •105' &c*

• - s

130 130 130 !

121 j 130 129 .127. 120 • 89 86 86 81 ! • 85 86' 86 . ' 77 .

11*9 150 151 139 • 11*9 150 151 13? 128 125 130 120 11*1 12U . • 109 V*

p—Freliminary n#ae~Not ava i lar l*

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

i r USlklAl HCLUCTIGN (19u7-Uc> a rage = 100)

. or,

Jithovt sna-onr-l " ~F/Z

La1".

"Hi,

t eh . ' —;>LLv

[T i;: Vry hetalo ferrous petals '

- '. f i ? ?rcn. ' . \ p t e e l .•« * *€ arson =teel .

vtlicy s tee l • • . V o t i n g s and forcings

K:nf errors zet'als fabricated metal products

iiLxuct^rai r.etal parts Ct'-npinV^ ar.c-n.isce netal products

%'r'rect i ical machinery • \ } ar» L.achincry

/InJ-Jstrid]. arc cc.:rercial machinery . ; ..** :.cnine t o r l s and presses s.ie-ctrica'1 machinery

"electrical apparatus and parts Transportation equipment ' / ^ t C 2 ' \ . trucks-

• Au fcroft And parts y Railroad .car: --Etor.o, clay' ano glass products-

'̂ 11' sc and pottery products Ce:..ent'"..

'lurlX-r ar.d" products. . I'ui.her '

\;"i/.lv;crk and plywood .Text l i e . mil l prc^ucts

.QAtcn and1 synthetic fabrics ... Gotten consui:.ption

' ' Synthetic f a i r i e s '•Wool t e x t i l e s .

/ . K n i t poo-is Ar par^l ar/t a l l i ed products . Len^s outorrear

; - ViOLen.1 s ou ten, ear ' iLisc-. app'are.l) e t c .

1L9 IhS 155 155 131 129 158

IliO 125

92 156. 197

203

162 131 517 60

1L3 n.a .

112 199

112 1G7 119

89 : i o

119 115 107

1L9 1liS 160 155 192 123

18L

163 130 513

57'

luo-137

105 193

115 108 132 . 35' 110

118 127 11L

11.9 11*3 159 153 199 130

16 i 160 • ' 1L- - ' ; \y>

138 ' • 138 13> i n 126 : •

" 1 2 9 . • 129; :)'12V

: 9L '• 95 ; 95 v : ' . s i 15L 153 , i 3 i -v. •'.129 196 . 195 15k .. . 152

leu

16L-125 521 h9

i l l 123

lCli 201

123 112 l l i l

3b. I l l i

121 132 117

11.3' 13b

.1U8 11; 5' 171' .133

171

223 137 •U72 • .23..

i . 151

115 201

113 103 15U

7 9 1CB-

. n , .129 . 103 '

• ' r ,

•13(1-m-.1W>:

•1L3

- -v

10 n$

: i a* . 179

26

1 3 1

,109.' .. 2 1 0 '

113 . , ic5 - 1 1 7 , 7Y ; n o

'iiy-. 31,3 : • iv?:

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

It*

' INDUSTRIAL PHf/DUCTIOK (19L7-L9 average • 100)

Without Seasonal adjustment ' . , ' '1 T~

•Fi-P?:; 19 So mL

Mar. | Feb. j Apr. I L'ar.

Rutfcer products Tircr ' and tubes

Let't-ier tnd products '• \ l ea ther •' Paper fluid! a l l i e d products

. i ' .ooci pulp •' I'3j-<r <' nd board

fapr-j board Print ing and.publishing

tie*., s p l i n t consumption Volv. pi-5riling and'periodicals

n . a .

n . a .

13U 15U 161

1U1 130

130

95

183 153 159

13k

13U

103

185 l'Jli 143

127 129

123

*

169 luo 11*7

I 1;!. ! lc'i;

133

9h

170 112 1U9,

13? l<5

Chemicals and a l l i e d products ; • Industr ia l chemicals : 2 0 0 2 0 1 2 0 1 | 162 I6Z1

.Synthet ic f i b e r s ; 182 191 i °u ! 1 1 ' / ' • I'/* • Pa - nt? : ! 1 '5 125 1 - 5 j ! 1 2 2 • 1 1 9 P%.-troleum "and coal products i . ; HCroleunr r e f i n i n g . | 1U2 Ih i 1 5 1 136' " 3 9

Gasoline . 1 1 5 0 155 155 ILL . ' 313 ' . F u e l o i l | lLO U ? • 1 5 8 129 1L2.

; / Co!:e ' 1 1 1 0 i l l 1 1 1 1CL . 1C2 fvod' and beverage manufactures -

' . food ihanuf actures . ' 1 0 3 1 0 2 10b' 1 3 0 ' i c h . . . .fceat pr6ducVs. . 1 3 1 1 3 6 luO 118

Dairy products •' ; 121 109 99 1 1 7 • i c i . - - Canned and frozen foods . 35 82 83 il • • " •: 7U.

V - Grain* r a i l products 96 99 98 1 0 2 • • 101 »v. • bakery products 1 91 9U • 95 7h • 95 '• Beverages . n#a. 105 96 ! 1 0 7 ' '•'ICI,

. Alcohol ic l everages j n • a • 1 0 5 9U 1 • 1C6 • • ICO • .* " Beer and ale' ; n . a . 1 0 3 92 S 1 1 3 . 1 0 1

C o a l , - : 1

v $ : " Bituminous- coal • j 9 1 92 •91 1 77 v $ : 'Crude.ci l und natural gas 1

1 1 . Crude o i l ' - i 137 139 138 1 132 1 3 ? 'L>4 'il f i n i n g . . . j i n 91 91 i 101 • r - i

• -tv<>n pre • ' n .« . 1,6 K? • r> hi Ctuzii./.aiid .oarth minerals i 13b l;.") 1 / 6 i?b • .

!»ote.—Groups and subgroups include individual s e r i e s not published separately#

n.&»—tifot. a v a i l a b l e

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

OUTPUT OF CCijS'JaiER DURABLE GOODS (.19U7-U9 average » 100)

3e:. s o'lally adjusted | ur'iUjuot'jd 1 9 # 1955 1956 195 !>,

April Mar. 1 Feb. Apr. Apr.1 i *ar. ( Feb. J Apr.

IUJCE HCUCEHCLL XOLG:

Furniture and f l o o r coverings 116 117 119 110 117 121 123 I l l ; Furniture. 121 121 123 115 113 123 125 112 *;Flpor covering? 1 / — •i — a im — • —

Apfdl ence:: ar.C heaters fi.a. lu9 1L6 112 n . a . 168 . 156 .152 ; tiajor appliances 160 151 150 1L9 176 183 169 ' 165. .

:Ranges 110 111 110 101 115 125 119 . Fefr igerat ion appliances 160 153 lhS 158 197 19U 16$ 191* -Laundry, appliances 222 206 221 199 222 237 252 • 193 :

Meeting apparatus n . a . 139 133 121 n . a . 121 113 113 Rfedio ai.d t e l ^ v i s i c n j e t s 207 l t 6 19U 226 2C9 21d 233 • 223 '

Rv l o s e t s 55 62 66 65 63 70 72 71* Te lev i s ion s e t s U96 123 139 532 1*66. 199 5L0 521 .

VlH/a Cw':u*: r 1 LrArLK

Aut-O fi'irt.s ar/i * Ir* u 103 JOU 1C6 VI 101 '• m i 101 V< H i i x t h f i nal {^cods 115 122 115 102 115 115. 116" 102

y f u c l i c a t i o n suspended pending r e v i s i o n of data back t o 19$2*

OUTPUT OF MAJOR HOUSEHOLD GOODS (19U7-U9 average • ICO)

Without s easona l adjustment 1956 19,5

Apr, . | Feb. Apr, . | t i r .

o r j ^ t s 89 91 93 66 - • Gas rar.f'-:> <:9 >8 97 92 Klr-rtric r a n ^ s 16 0 170 1SL ; ' 126 139 R e f r i g e r a t o r s 120 131 115 1?< 1 : 0 1 r e e f e r s 192 159 1U0 176 ' 161 ' B a l i n g machines 196 199 200 169 169 * ' Triers and ironers UL3 571 715 U 2 ' L95 Varuurt c leaners 131 lliO 1D6 91 121 Furnaces. . 103 112 102 103 103 Victor heaters n#a# 119 l a 3 1L0 . lliii . V Auto radios 106 136 155 201; 2 : 0 Household radios 51 52 1*9 39 L2

, : a c l e :. ode l TV' 623 5U5 533 629 678 -' Console model" TV 363

1 158 5U6 1421A 537 '•

PPe U3^-U52, reprint avai lable on request . Back f i g u r e s , not in Bulletin^ on individual indexes for major household goods, without seasonal adjustment* a l so avai lable on request to Divis ion of Research and S t a t i s t i c s # \

Not ava i lable Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis