"c VAR 0797 02236 CNST MTR R 947-963 MD= 1E-37 " "c REF 0797 LOC 2095 WIDTH 9 DK 34 COL 26-34 " "c EXP DEC= 1 " "c " "c INDEX OF PRODUCTION OF CONSTRUCTION MATERIALS, ORIGINAL DATA " "c ------------------------------------------------------------ " "c " "c " "c NBER SERIES: 02236 " "c AREA COVERED: UNITED STATES " "c UNITS: 1957-1959=100 " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 1/1947 - 12/1963 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: 1947-1960:"INDUSTRIAL PRODUCTION, 1957-1959 BASE", " "c BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, 1962. " "c 1961-1963:"INDUSTRIAL PRODUCTION INDEXES, 1961-1963", BOARD " "c OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, SEPTEMBER 1964 " "c (LIPSEY AND PRESTON, PP. 283-4). " "c " "c NOTES: CONSTRUCTION MATERIALS IS ONE OF THE MARKET GROUPINGS " "c INTRODUCED IN THE 1959 REVISIONS OF THE FEDERAL RESERVE " "c INDUSTRIAL PRODUCTION INDEXES. INDEXES FOR MOST OF THE " "c EIGHTEEN SERIES WHICH ARE CLASSIFIED AS CONSTRUCTION " "c MATERIALS HAVE BEEN PUBLISHED MONTHLY SINCE 1919, BUT THE " "c COMPOSITE INDEX BEGINS IN 1947. " "c THE INDEX IS A WEIGHTED AVERAGE OF RELATIVES. BEGINNING " "c IN 1953, THE WEIGHTS ARE BASED ON VALUE ADDED, 1957-59, " "c WHICH IS ESTIMATED BY EXTRAPOLATING FROM 1957 VALUE ADDED BY " "c THE RATIO OF PRODUCTION IN 1957-59 TO PRODUCTION IN 1957. " "c FOR 1947-52, THE WEIGHTS WERE BASED ON 1947 VALUE ADDED " "c DATA; HOWEVER, THE WEIGHTED INDEX WAS LINKED IN JANUARY 1953 " "c TO A WEIGHTED INDEX (IN THE 1959 RESIVION) AND SUBSEQUENTLY " "c CONVERTED TO THE PRESENT REFERENCE PERIOD OF 1957-59. THE " "c COMPONENT MONTHLY SERIES ARE ADJUSTED TO BENCHMARK DATA FROM " "c THE CENSUS OF MANUFACTURES AND TO INDEPENDENTLY DERIVED " "c ANNUAL INDEXES. " "c THE INDEXES REPRESENT AVERAGE PRODUCTION PER WORKING DAY " "c WITH PUBLIC ANNUAL HOLIDAYS COUNTED AS WORKING DAYS BUT " "c ALLOWED FOR IN THE SEASONAL ADJUSTMENT. " "c SEASONAL ADJUSTMENT IS BY THE SOURCE. " "c FOR A DETAILED DESCRIPTION OF THE INDEX, SEE"INDUSTRIAL " "c PRODUCTION, 1959 REVISION"(1959);"INDUSTRIAL PRODUCTION, " "c 1957-1959 BASE" (1962); AND"INDUSTRIAL PRODUCTION " "c MEASUREMENT IN THE UNITED STATES: CONCEPTS, USES, AND " "c COMPILATION PRACTICES" (FEBRUARY 1964) - ALL PUBLICATIONS OF " "c BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. " "c SEE LIPSEY AND PRESTON, P. 284 FOR ADDITIONAL " "c INFORMATION. " "c " "c ORIGINALS MISSING; NOT PROOFREAD. " "c "