Month Per Cent Expanding: Seasonally Adjusted By Nber 1919-01-01 58.2000 1919-02-01 61.1000 1919-03-01 64.6000 1919-04-01 68.7000 1919-05-01 69.7000 1919-06-01 70.5000 1919-07-01 69.7000 1919-08-01 64.5000 1919-09-01 61.9000 1919-10-01 61.8000 1919-11-01 62.2000 1919-12-01 61.5000 1920-01-01 60.3000 1920-02-01 58.0000 1920-03-01 53.0000 1920-04-01 49.2000 1920-05-01 46.2000 1920-06-01 44.0000 1920-07-01 38.2000 1920-08-01 36.1000 1920-09-01 30.6000 1920-10-01 30.8000 1920-11-01 29.8000 1920-12-01 27.7000 1921-01-01 32.5000 1921-02-01 34.5000 1921-03-01 36.8000 1921-04-01 36.5000 1921-05-01 38.7000 1921-06-01 40.3000 1921-07-01 43.4000 1921-08-01 47.7000 1921-09-01 50.7000 1921-10-01 51.6000 1921-11-01 53.5000 1921-12-01 55.2000 1922-01-01 59.5000 1922-02-01 64.0000 1922-03-01 67.6000 1922-04-01 71.7000 1922-05-01 74.2000 1922-06-01 75.9000 1922-07-01 74.1000 1922-08-01 72.8000 1922-09-01 75.6000 1922-10-01 77.2000 1922-11-01 76.9000 1922-12-01 76.3000 1923-01-01 75.9000 1923-02-01 73.1000 1923-03-01 71.6000 1923-04-01 67.5000 1923-05-01 63.8000 1923-06-01 58.3000 1923-07-01 58.6000 1923-08-01 57.4000 1923-09-01 56.2000 1923-10-01 58.5000 1923-11-01 56.3000 1923-12-01 55.1000 1924-01-01 54.8000 1924-02-01 52.6000 1924-03-01 48.8000 1924-04-01 46.3000 1924-05-01 45.2000 1924-06-01 46.4000 1924-07-01 51.4000 1924-08-01 56.8000 1924-09-01 59.9000 1924-10-01 60.2000 1924-11-01 62.1000 1924-12-01 63.8000 1925-01-01 63.5000 1925-02-01 60.5000 1925-03-01 59.9000 1925-04-01 60.4000 1925-05-01 62.0000 1925-06-01 62.9000 1925-07-01 61.7000 1925-08-01 59.9000 1925-09-01 59.6000 1925-10-01 58.7000 1925-11-01 57.8000 1925-12-01 54.7000 1926-01-01 50.6000 1926-02-01 50.0000 1926-03-01 50.2000 1926-04-01 49.5000 1926-05-01 49.2000 1926-06-01 52.6000 1926-07-01 51.4000 1926-08-01 51.4000 1926-09-01 53.3000 1926-10-01 55.1000 1926-11-01 52.6000 1926-12-01 51.7000 1927-01-01 48.8000 1927-02-01 48.6000 1927-03-01 49.2000 1927-04-01 49.2000 1927-05-01 48.8000 1927-06-01 49.1000 1927-07-01 50.3000 1927-08-01 52.1000 1927-09-01 50.9000 1927-10-01 52.1000 1927-11-01 52.1000 1927-12-01 53.8000 1928-01-01 54.5000 1928-02-01 56.5000 1928-03-01 56.8000 1928-04-01 56.2000 1928-05-01 56.5000 1928-06-01 54.3000 1928-07-01 55.6000 1928-08-01 57.4000 1928-09-01 60.2000 1928-10-01 57.4000 1928-11-01 55.6000 1928-12-01 54.3000 1929-01-01 55.6000 1929-02-01 54.0000 1929-03-01 52.0000 1929-04-01 48.0000 1929-05-01 47.4000 1929-06-01 45.8000 1929-07-01 45.5000 1929-08-01 42.1000 1929-09-01 34.6000 1929-10-01 32.7000 1929-11-01 27.7000 1929-12-01 26.7000 1930-01-01 25.2000 1930-02-01 24.2000 1930-03-01 23.0000 1930-04-01 22.0000 1930-05-01 20.1000 1930-06-01 18.6000 1930-07-01 17.6000 1930-08-01 16.1000 1930-09-01 17.7000 1930-10-01 17.7000 1930-11-01 18.6000 1930-12-01 20.3000 1931-01-01 20.6000 1931-02-01 20.6000 1931-03-01 20.6000 1931-04-01 20.6000 1931-05-01 20.6000 1931-06-01 19.6000 1931-07-01 18.7000 1931-08-01 18.7000 1931-09-01 16.8000 1931-10-01 18.0000 1931-11-01 17.7000 1931-12-01 16.8000 1932-01-01 15.5000 1932-02-01 14.9000 1932-03-01 14.2000 1932-04-01 15.5000 1932-05-01 15.8000 1932-06-01 16.1000 1932-07-01 17.8000 1932-08-01 26.0000 1932-09-01 29.8000 1932-10-01 30.1000 1932-11-01 30.8000 1932-12-01 30.8000 1933-01-01 34.6000 1933-02-01 38.1000 1933-03-01 45.8000 1933-04-01 56.8000 1933-05-01 65.5000 1933-06-01 65.8000 1933-07-01 66.7000 1933-08-01 65.6000 1933-09-01 66.6000 1933-10-01 65.3000 1933-11-01 66.2000 1933-12-01 67.5000 1934-01-01 67.9000 1934-02-01 66.9000 1934-03-01 65.6000 1934-04-01 63.3000 1934-05-01 60.7000 1934-06-01 60.4000 1934-07-01 58.8000 1934-08-01 59.1000 1934-09-01 57.1000 1934-10-01 56.5000 1934-11-01 55.5000 1934-12-01 57.8000 1935-01-01 60.7000 1935-02-01 61.4000 1935-03-01 61.0000 1935-04-01 60.4000 1935-05-01 61.7000 1935-06-01 63.3000 1935-07-01 65.3000 1935-08-01 68.4000 1935-09-01 70.7000 1935-10-01 72.5000 1935-11-01 71.2000 1935-12-01 71.2000 1936-01-01 69.3000 1936-02-01 68.6000 1936-03-01 69.8000 1936-04-01 71.1000 1936-05-01 70.5000 1936-06-01 73.4000 1936-07-01 75.4000 1936-08-01 73.1000 1936-09-01 74.8000 1936-10-01 74.4000 1936-11-01 75.1000 1936-12-01 73.4000 1937-01-01 72.8000 1937-02-01 71.1000 1937-03-01 68.5000 1937-04-01 59.3000 1937-05-01 53.8000 1937-06-01 48.9000 1937-07-01 44.9000 1937-08-01 40.0000 1937-09-01 37.0000 1937-10-01 33.1000 1937-11-01 31.5000 1937-12-01 32.5000 1938-01-01 33.8000 1938-02-01 35.4000 1938-03-01 40.7000 1938-04-01 40.0000 1938-05-01 42.3000 1938-06-01 45.2000 1938-07-01 48.5000 1938-08-01 51.8000 1938-09-01 54.4000 1938-10-01 53.8000 1938-11-01 54.8000 1938-12-01 55.4000 1939-01-01 55.1000 1939-02-01 56.1000 1939-03-01 57.4000 1939-04-01 57.7000 1939-05-01 58.0000 1939-06-01 57.7000 1939-07-01 60.0000 1939-08-01 60.3000 1939-09-01 63.9000 1939-10-01 65.2000 1939-11-01 66.2000 1939-12-01 65.9000 1940-01-01 68.5000 1940-02-01 69.8000 1940-03-01 69.5000 1940-04-01 70.2000 1940-05-01 70.8000 1940-06-01 69.5000 1940-07-01 70.5000 1940-08-01 71.1000 1940-09-01 71.5000 1940-10-01 73.1000 1940-11-01 74.1000 1940-12-01 76.1000