Month 1923-1925=100: Seasonally Adjusted By Federal Reserve Board 1919-01-01 86.8000 1919-02-01 86.6000 1919-03-01 88.4000 1919-04-01 87.7000 1919-05-01 88.7000 1919-06-01 88.6000 1919-07-01 92.5000 1919-08-01 96.1000 1919-09-01 100.100 1919-10-01 103.800 1919-11-01 105.300 1919-12-01 108.200 1920-01-01 106.700 1920-02-01 106.400 1920-03-01 106.100 1920-04-01 99.3000 1920-05-01 91.8000 1920-06-01 85.4000 1920-07-01 79.6000 1920-08-01 87.3000 1920-09-01 84.4000 1920-10-01 82.3000 1920-11-01 76.8000 1920-12-01 72.3000 1921-01-01 73.0000 1921-02-01 75.4000 1921-03-01 76.5000 1921-04-01 76.8000 1921-05-01 76.4000 1921-06-01 76.3000 1921-07-01 74.8000 1921-08-01 74.6000 1921-09-01 76.2000 1921-10-01 77.8000 1921-11-01 81.0000 1921-12-01 81.9000 1922-01-01 89.8000 1922-02-01 93.7000 1922-03-01 96.9000 1922-04-01 95.2000 1922-05-01 98.5000 1922-06-01 100.700 1922-07-01 100.400 1922-08-01 99.7000 1922-09-01 97.9000 1922-10-01 98.8000 1922-11-01 99.4000 1922-12-01 98.2000 1923-01-01 99.2000 1923-02-01 99.9000 1923-03-01 100.600 1923-04-01 100.700 1923-05-01 101.400 1923-06-01 102.700 1923-07-01 103.600 1923-08-01 103.400 1923-09-01 102.600 1923-10-01 102.000 1923-11-01 102.000 1923-12-01 101.000 1924-01-01 100.200 1924-02-01 101.100 1924-03-01 100.900 1924-04-01 100.200 1924-05-01 99.4000 1924-06-01 96.5000 1924-07-01 95.4000 1924-08-01 95.6000 1924-09-01 96.4000 1924-10-01 97.4000 1924-11-01 97.6000 1924-12-01 98.4000 1925-01-01 100.500 1925-02-01 100.600 1925-03-01 99.8000 1925-04-01 100.000 1925-05-01 99.4000 1925-06-01 99.8000 1925-07-01 99.7000 1925-08-01 99.8000 1925-09-01 100.500 1925-10-01 101.000 1925-11-01 101.000 1925-12-01 101.100 1926-01-01 101.100 1926-02-01 100.900 1926-03-01 100.700 1926-04-01 101.200 1926-05-01 100.900 1926-06-01 100.700 1926-07-01 100.700 1926-08-01 100.700 1926-09-01 99.8000 1926-10-01 99.8000 1926-11-01 99.1000 1926-12-01 98.6000 1927-01-01 97.3000 1927-02-01 96.3000 1927-03-01 94.9000 1927-04-01 93.4000 1927-05-01 94.0000 1927-06-01 93.6000 1927-07-01 94.0000 1927-08-01 93.9000 1927-09-01 93.7000 1927-10-01 93.3000 1927-11-01 92.4000 1927-12-01 91.0000 1928-01-01 91.0000 1928-02-01 91.4000 1928-03-01 92.0000 1928-04-01 91.6000 1928-05-01 91.2000 1928-06-01 91.6000 1928-07-01 91.4000 1928-08-01 92.3000 1928-09-01 92.6000 1928-10-01 93.0000 1928-11-01 93.6000 1928-12-01 93.8000 1929-01-01 94.5000 1929-02-01 95.0000 1929-03-01 95.0000 1929-04-01 95.6000 1929-05-01 95.9000 1929-06-01 96.3000 1929-07-01 97.5000 1929-08-01 98.0000 1929-09-01 96.7000 1929-10-01 95.2000 1929-11-01 92.7000 1929-12-01 90.3000 1930-01-01 88.3000 1930-02-01 85.6000 1930-03-01 84.6000 1930-04-01 82.6000 1930-05-01 80.7000 1930-06-01 78.1000 1930-07-01 74.7000 1930-08-01 71.4000 1930-09-01 68.6000 1930-10-01 68.0000 1930-11-01 65.7000 1930-12-01 64.0000 1931-01-01 62.2000 1931-02-01 61.2000 1931-03-01 59.9000 1931-04-01 59.5000 1931-05-01 59.0000 1931-06-01 57.8000 1931-07-01 56.1000 1931-08-01 54.6000 1931-09-01 53.0000 1931-10-01 51.4000 1931-11-01 50.3000 1931-12-01 48.3000 1932-01-01 48.1000 1932-02-01 47.4000 1932-03-01 45.4000 1932-04-01 44.4000 1932-05-01 42.8000 1932-06-01 41.9000 1932-07-01 41.0000 1932-08-01 40.5000 1932-09-01 41.6000 1932-10-01 43.1000 1932-11-01 43.4000 1932-12-01 43.7000 1933-01-01 43.7000 1933-02-01 42.7000 1933-03-01 41.2000 1933-04-01 42.1000 1933-05-01 44.6000 1933-06-01 48.4000 1933-07-01 52.3000 1933-08-01 54.8000 1933-09-01 57.2000 1933-10-01 57.4000 1933-11-01 56.6000 1933-12-01 56.3000 1934-01-01 54.4000 1934-02-01 55.3000 1934-03-01 55.9000 1934-04-01 56.7000 1934-05-01 58.2000 1934-06-01 57.1000 1934-07-01 56.4000 1934-08-01 56.4000 1934-09-01 56.2000 1934-10-01 56.9000 1934-11-01 57.3000 1934-12-01 58.1000 1935-01-01 60.3000 1935-02-01 62.1000 1935-03-01 62.3000 1935-04-01 62.8000 1935-05-01 61.6000 1935-06-01 57.9000 1935-07-01 62.4000 1935-08-01 65.7000 1935-09-01 66.8000 1935-10-01 66.7000 1935-11-01 67.2000 1935-12-01 67.3000 1936-01-01 68.8000 1936-02-01 67.7000 1936-03-01 67.6000 1936-04-01 68.3000 1936-05-01 69.6000 1936-06-01 69.9000 1936-07-01 71.3000 1936-08-01 71.7000 1936-09-01 72.8000 1936-10-01 73.2000 1936-11-01 73.8000 1936-12-01 75.3000 1937-01-01 76.8000 1937-02-01 76.4000 1937-03-01 78.4000 1937-04-01 78.6000 1937-05-01 79.2000 1937-06-01 79.7000 1937-07-01 80.3000 1937-08-01 78.6000 1937-09-01 77.0000 1937-10-01 74.1000 1937-11-01 69.8000 1937-12-01 65.7000 1938-01-01 63.8000 1938-02-01 63.1000 1938-03-01 63.2000 1938-04-01 61.4000 1938-05-01 60.4000 1938-06-01 59.4000 1938-07-01 59.8000 1938-08-01 61.5000 1938-09-01 62.8000 1938-10-01 62.4000 1938-11-01 64.0000 1938-12-01 65.0000 1939-01-01 65.7000 1939-02-01 65.1000 1939-03-01 63.2000 1939-04-01 64.2000 1939-05-01 64.8000 1939-06-01 65.3000 1939-07-01 66.0000 1939-08-01 66.4000 1939-09-01 67.4000 1939-10-01 69.4000 1939-11-01 72.2000 1939-12-01 72.5000 1940-01-01 72.0000 1940-02-01 70.0000 1940-03-01 68.1000 1940-04-01 67.2000 1940-05-01 67.9000 1940-06-01 67.4000 1940-07-01 67.5000 1940-08-01 69.0000 1940-09-01 70.6000 1940-10-01 71.3000 1940-11-01 73.6000 1940-12-01 75.2000 1941-01-01 76.3000 1941-02-01 75.5000 1941-03-01 74.0000 1941-04-01 74.2000 1941-05-01 74.6000 1941-06-01 75.9000 1941-07-01 78.9000 1941-08-01 78.4000 1941-09-01 77.3000 1941-10-01 76.4000 1941-11-01 76.9000 1941-12-01 78.1000 1942-01-01 79.2000 1942-02-01 77.9000 1942-03-01 75.4000 1942-04-01 73.8000 1942-05-01 73.2000 1942-06-01 72.4000 1942-07-01 72.7000 1942-08-01 71.2000 1942-09-01 69.4000