Month Per Cent Expanding: Seasonally Adjusted By Nber 1885-01-01 36.0000 1885-02-01 42.7000 1885-03-01 46.7000 1885-04-01 49.3000 1885-05-01 55.3000 1885-06-01 67.1000 1885-07-01 66.2000 1885-08-01 76.6000 1885-09-01 79.2000 1885-10-01 81.8000 1885-11-01 85.9000 1885-12-01 80.8000 1886-01-01 78.2000 1886-02-01 79.5000 1886-03-01 79.5000 1886-04-01 78.2000 1886-05-01 78.2000 1886-06-01 76.9000 1886-07-01 78.2000 1886-08-01 80.8000 1886-09-01 79.5000 1886-10-01 79.5000 1886-11-01 79.5000 1886-12-01 79.5000 1887-01-01 75.6000 1887-02-01 75.6000 1887-03-01 70.9000 1887-04-01 60.8000 1887-05-01 57.5000 1887-06-01 46.3000 1887-07-01 41.3000 1887-08-01 40.0000 1887-09-01 38.8000 1887-10-01 37.5000 1887-11-01 37.5000 1887-12-01 36.3000 1888-01-01 35.0000 1888-02-01 35.0000 1888-03-01 41.3000 1888-04-01 52.5000 1888-05-01 55.0000 1888-06-01 55.6000 1888-07-01 65.4000 1888-08-01 65.4000 1888-09-01 66.7000 1888-10-01 66.7000 1888-11-01 69.1000 1888-12-01 68.3000 1889-01-01 67.1000 1889-02-01 65.9000 1889-03-01 67.1000 1889-04-01 67.1000 1889-05-01 70.7000 1889-06-01 82.9000 1889-07-01 82.9000 1889-08-01 81.7000 1889-09-01 82.9000 1889-10-01 79.3000 1889-11-01 80.5000 1889-12-01 79.3000 1890-01-01 78.3000 1890-02-01 75.9000 1890-03-01 66.3000 1890-04-01 63.9000 1890-05-01 63.9000 1890-06-01 47.0000 1890-07-01 44.6000 1890-08-01 39.1000 1890-09-01 33.3000 1890-10-01 29.7000 1890-11-01 24.7000 1890-12-01 25.0000 1891-01-01 23.7000 1891-02-01 25.5000 1891-03-01 28.6000 1891-04-01 39.8000 1891-05-01 45.9000 1891-06-01 51.0000 1891-07-01 51.0000 1891-08-01 53.0000 1891-09-01 54.0000 1891-10-01 53.9000 1891-11-01 54.8000 1891-12-01 53.8000 1892-01-01 57.5000 1892-02-01 57.5000 1892-03-01 51.4000 1892-04-01 54.6000 1892-05-01 57.4000 1892-06-01 63.6000 1892-07-01 67.3000 1892-08-01 70.0000 1892-09-01 67.3000 1892-10-01 63.1000 1892-11-01 63.1000 1892-12-01 63.1000 1893-01-01 59.8000 1893-02-01 56.6000 1893-03-01 43.9000 1893-04-01 33.6000 1893-05-01 29.3000 1893-06-01 26.5000 1893-07-01 25.4000 1893-08-01 16.1000 1893-09-01 20.3000 1893-10-01 22.9000 1893-11-01 32.2000 1893-12-01 32.2000 1894-01-01 39.5000 1894-02-01 38.7000 1894-03-01 43.3000 1894-04-01 41.7000 1894-05-01 44.2000 1894-06-01 50.8000 1894-07-01 53.3000 1894-08-01 55.4000 1894-09-01 55.3000 1894-10-01 52.8000 1894-11-01 54.5000 1894-12-01 58.5000 1895-01-01 58.4000 1895-02-01 60.0000 1895-03-01 61.9000 1895-04-01 69.8000 1895-05-01 69.8000 1895-06-01 70.1000 1895-07-01 69.0000 1895-08-01 65.1000 1895-09-01 58.9000 1895-10-01 50.4000 1895-11-01 37.7000 1895-12-01 33.1000 1896-01-01 29.2000 1896-02-01 26.9000 1896-03-01 21.5000 1896-04-01 22.3000 1896-05-01 22.3000 1896-06-01 17.7000 1896-07-01 17.7000 1896-08-01 16.7000 1896-09-01 26.5000 1896-10-01 42.4000 1896-11-01 50.8000 1896-12-01 53.0000 1897-01-01 55.3000 1897-02-01 56.1000 1897-03-01 58.3000 1897-04-01 64.4000 1897-05-01 67.4000 1897-06-01 69.2000 1897-07-01 71.4000 1897-08-01 72.9000 1897-09-01 73.7000 1897-10-01 72.9000 1897-11-01 71.4000 1897-12-01 70.7000 1898-01-01 70.7000 1898-02-01 72.2000 1898-03-01 71.4000 1898-04-01 71.4000 1898-05-01 70.7000 1898-06-01 75.9000 1898-07-01 76.7000 1898-08-01 75.9000 1898-09-01 75.9000 1898-10-01 75.9000 1898-11-01 77.6000 1898-12-01 79.9000 1899-01-01 84.3000 1899-02-01 84.3000 1899-03-01 85.8000 1899-04-01 82.1000 1899-05-01 78.9000 1899-06-01 75.9000 1899-07-01 70.7000 1899-08-01 67.2000 1899-09-01 65.7000 1899-10-01 57.2000 1899-11-01 51.8000 1899-12-01 50.7000 1900-01-01 43.6000 1900-02-01 41.4000 1900-03-01 37.1000 1900-04-01 35.0000 1900-05-01 29.3000 1900-06-01 29.3000 1900-07-01 28.6000 1900-08-01 33.3000 1900-09-01 35.2000 1900-10-01 49.0000 1900-11-01 55.9000 1900-12-01 58.7000 1901-01-01 61.5000 1901-02-01 62.2000 1901-03-01 66.0000 1901-04-01 68.3000 1901-05-01 69.0000 1901-06-01 67.6000 1901-07-01 71.7000 1901-08-01 73.1000 1901-09-01 72.6000 1901-10-01 75.3000 1901-11-01 76.0000 1901-12-01 76.0000 1902-01-01 74.7000 1902-02-01 74.7000 1902-03-01 74.0000 1902-04-01 74.5000 1902-05-01 73.8000 1902-06-01 74.0000 1902-07-01 72.7000 1902-08-01 71.3000 1902-09-01 69.1000 1902-10-01 55.3000 1902-11-01 53.3000 1902-12-01 50.7000 1903-01-01 49.3000 1903-02-01 48.0000 1903-03-01 48.0000 1903-04-01 43.4000 1903-05-01 39.5000 1903-06-01 38.2000 1903-07-01 30.9000 1903-08-01 27.6000 1903-09-01 28.9000 1903-10-01 30.3000 1903-11-01 32.2000 1903-12-01 36.6000 1904-01-01 46.8000 1904-02-01 51.9000 1904-03-01 51.9000 1904-04-01 53.2000 1904-05-01 54.5000 1904-06-01 59.1000 1904-07-01 61.7000 1904-08-01 65.6000 1904-09-01 70.1000 1904-10-01 73.1000 1904-11-01 78.2000 1904-12-01 80.8000 1905-01-01 80.8000 1905-02-01 82.7000 1905-03-01 85.9000 1905-04-01 86.5000 1905-05-01 86.0000 1905-06-01 87.3000 1905-07-01 87.3000 1905-08-01 87.9000 1905-09-01 87.9000 1905-10-01 89.8000 1905-11-01 88.5000 1905-12-01 85.4000 1906-01-01 86.6000 1906-02-01 79.0000 1906-03-01 77.1000 1906-04-01 76.4000 1906-05-01 75.8000 1906-06-01 75.8000 1906-07-01 74.5000 1906-08-01 73.2000 1906-09-01 70.7000 1906-10-01 67.5000 1906-11-01 66.9000 1906-12-01 67.7000 1907-01-01 65.2000 1907-02-01 62.0000 1907-03-01 58.2000 1907-04-01 53.8000 1907-05-01 49.7000 1907-06-01 40.3000 1907-07-01 37.5000 1907-08-01 31.7000 1907-09-01 26.7000 1907-10-01 25.3000 1907-11-01 23.5000 1907-12-01 26.8000 1908-01-01 29.7000 1908-02-01 35.3000 1908-03-01 47.6000 1908-04-01 52.4000 1908-05-01 53.8000 1908-06-01 61.4000 1908-07-01 64.1000 1908-08-01 66.9000 1908-09-01 68.0000 1908-10-01 75.9000 1908-11-01 77.1000 1908-12-01 76.0000 1909-01-01 77.3000 1909-02-01 78.5000 1909-03-01 79.1000 1909-04-01 80.2000 1909-05-01 80.8000 1909-06-01 80.2000 1909-07-01 83.1000 1909-08-01 83.1000 1909-09-01 78.6000 1909-10-01 75.7000 1909-11-01 72.8000 1909-12-01 65.5000 1910-01-01 59.4000 1910-02-01 49.1000 1910-03-01 46.3000 1910-04-01 35.2000 1910-05-01 31.3000 1910-06-01 29.5000 1910-07-01 25.0000 1910-08-01 27.3000 1910-09-01 26.7000 1910-10-01 26.1000 1910-11-01 28.4000 1910-12-01 28.6000 1911-01-01 31.4000 1911-02-01 34.9000 1911-03-01 38.3000 1911-04-01 40.3000 1911-05-01 45.5000 1911-06-01 50.0000 1911-07-01 56.3000 1911-08-01 60.8000 1911-09-01 61.4000 1911-10-01 62.5000 1911-11-01 65.9000 1911-12-01 71.8000 1912-01-01 76.4000 1912-02-01 81.5000 1912-03-01 83.1000 1912-04-01 83.0000 1912-05-01 81.3000 1912-06-01 82.1000 1912-07-01 79.9000 1912-08-01 78.8000 1912-09-01 76.0000 1912-10-01 72.1000 1912-11-01 64.2000 1912-12-01 62.6000 1913-01-01 55.8000 1913-02-01 45.6000 1913-03-01 39.6000 1913-04-01 37.4000 1913-05-01 33.3000 1913-06-01 30.1000 1913-07-01 29.0000 1913-08-01 27.7000 1913-09-01 27.6000 1913-10-01 26.9000 1913-11-01 21.9000 1913-12-01 21.7000 1914-01-01 17.3000 1914-02-01 19.5000 1914-03-01 19.5000 1914-04-01 16.8000 1914-05-01 14.8000 1914-06-01 16.5000 1914-07-01 19.8000 1914-08-01 20.3000 1914-09-01 22.5000 1914-10-01 19.1000 1914-11-01 28.3000 1914-12-01 44.6000 1915-01-01 67.8000 1915-02-01 76.0000 1915-03-01 79.2000 1915-04-01 82.1000 1915-05-01 84.4000 1915-06-01 85.1000 1915-07-01 85.2000 1915-08-01 86.4000 1915-09-01 89.3000 1915-10-01 89.3000 1915-11-01 90.4000 1915-12-01 89.3000 1916-01-01 88.1000 1916-02-01 86.4000 1916-03-01 83.5000 1916-04-01 83.0000 1916-05-01 82.4000 1916-06-01 82.4000 1916-07-01 80.7000 1916-08-01 78.4000 1916-09-01 78.4000 1916-10-01 79.1000 1916-11-01 79.2000 1916-12-01 73.6000 1917-01-01 70.4000 1917-02-01 69.8000 1917-03-01 69.8000 1917-04-01 70.9000 1917-05-01 70.2000 1917-06-01 63.0000 1917-07-01 61.9000 1917-08-01 57.5000 1917-09-01 58.0000 1917-10-01 56.4000 1917-11-01 56.5000 1917-12-01 55.7000 1918-01-01 59.8000 1918-02-01 62.0000 1918-03-01 61.4000 1918-04-01 60.0000 1918-05-01 58.6000 1918-06-01 56.1000 1918-07-01 56.4000 1918-08-01 49.5000 1918-09-01 47.4000 1918-10-01 38.2000 1918-11-01 36.9000 1918-12-01 40.8000 1919-01-01 40.9000 1919-02-01 43.8000 1919-03-01 52.6000 1919-04-01 73.6000 1919-05-01 76.4000 1919-06-01 85.7000 1919-07-01 87.9000 1919-08-01 83.0000 1919-09-01 80.8000 1919-10-01 80.8000 1919-11-01 77.2000 1919-12-01 75.5000 1920-01-01 71.2000 1920-02-01 54.3000 1920-03-01 48.6000 1920-04-01 44.1000 1920-05-01 39.0000 1920-06-01 33.1000 1920-07-01 31.0000 1920-08-01 20.2000 1920-09-01 14.5000 1920-10-01 11.9000 1920-11-01 11.2000 1920-12-01 9.40000 1921-01-01 16.3000 1921-02-01 29.1000 1921-03-01 33.8000 1921-04-01 39.4000 1921-05-01 45.5000 1921-06-01 48.3000 1921-07-01 51.3000 1921-08-01 62.7000 1921-09-01 67.5000 1921-10-01 69.1000 1921-11-01 72.4000 1921-12-01 74.1000 1922-01-01 75.1000 1922-02-01 79.0000 1922-03-01 80.3000 1922-04-01 85.0000 1922-05-01 89.3000 1922-06-01 90.4000 1922-07-01 90.7000 1922-08-01 90.7000 1922-09-01 89.1000 1922-10-01 88.5000 1922-11-01 87.9000 1922-12-01 84.9000 1923-01-01 82.1000 1923-02-01 81.0000 1923-03-01 78.8000 1923-04-01 73.6000 1923-05-01 58.8000 1923-06-01 42.8000 1923-07-01 33.7000 1923-08-01 26.6000 1923-09-01 26.9000 1923-10-01 28.0000 1923-11-01 29.6000 1923-12-01 28.8000 1924-01-01 29.1000 1924-02-01 29.4000 1924-03-01 25.8000 1924-04-01 27.7000 1924-05-01 27.7000 1924-06-01 29.6000 1924-07-01 42.1000 1924-08-01 69.3000 1924-09-01 77.2000 1924-10-01 78.1000 1924-11-01 81.4000 1924-12-01 83.3000 1925-01-01 84.2000 1925-02-01 83.6000 1925-03-01 83.6000 1925-04-01 82.2000 1925-05-01 82.2000 1925-06-01 82.2000 1925-07-01 83.6000 1925-08-01 80.8000 1925-09-01 77.8000 1925-10-01 76.9000 1925-11-01 75.8000 1925-12-01 68.9000 1926-01-01 61.7000 1926-02-01 56.7000 1926-03-01 53.6000 1926-04-01 51.1000 1926-05-01 51.4000 1926-06-01 51.9000 1926-07-01 48.9000 1926-08-01 45.3000 1926-09-01 43.3000 1926-10-01 39.2000 1926-11-01 36.4000 1926-12-01 32.8000 1927-01-01 30.6000 1927-02-01 31.9000 1927-03-01 32.2000 1927-04-01 31.1000 1927-05-01 31.7000 1927-06-01 34.4000 1927-07-01 35.6000 1927-08-01 35.6000 1927-09-01 33.9000 1927-10-01 35.8000 1927-11-01 39.2000 1927-12-01 52.2000 1928-01-01 60.7000 1928-02-01 63.2000 1928-03-01 63.0000 1928-04-01 65.7000 1928-05-01 72.7000 1928-06-01 73.3000 1928-07-01 75.5000 1928-08-01 78.3000 1928-09-01 78.3000 1928-10-01 79.7000 1928-11-01 79.1000 1928-12-01 78.0000 1929-01-01 76.6000 1929-02-01 73.3000 1929-03-01 68.8000 1929-04-01 66.2000 1929-05-01 63.1000 1929-06-01 57.3000 1929-07-01 50.3000 1929-08-01 36.3000 1929-09-01 23.2000 1929-10-01 16.8000 1929-11-01 11.8000 1929-12-01 9.30000 1930-01-01 7.60000 1930-02-01 6.50000 1930-03-01 5.90000 1930-04-01 5.60000 1930-05-01 5.10000 1930-06-01 4.80000 1930-07-01 4.50000 1930-08-01 3.70000 1930-09-01 4.80000 1930-10-01 5.10000 1930-11-01 6.20000 1930-12-01 7.00000 1931-01-01 8.10000 1931-02-01 11.5000 1931-03-01 12.1000 1931-04-01 11.5000 1931-05-01 10.4000 1931-06-01 9.80000 1931-07-01 9.80000 1931-08-01 6.50000 1931-09-01 6.20000 1931-10-01 6.50000 1931-11-01 8.10000 1931-12-01 7.60000 1932-01-01 7.60000 1932-02-01 7.30000 1932-03-01 7.30000 1932-04-01 7.30000 1932-05-01 8.00000 1932-06-01 9.90000 1932-07-01 15.9000 1932-08-01 32.2000 1932-09-01 40.9000 1932-10-01 40.8000 1932-11-01 42.7000 1932-12-01 42.9000 1933-01-01 45.0000 1933-02-01 47.0000 1933-03-01 53.0000 1933-04-01 77.7000 1933-05-01 86.0000 1933-06-01 88.6000 1933-07-01 87.2000 1933-08-01 75.2000 1933-09-01 72.6000 1933-10-01 71.1000 1933-11-01 71.1000 1933-12-01 72.0000 1934-01-01 69.4000 1934-02-01 69.4000 1934-03-01 67.6000 1934-04-01 66.2000 1934-05-01 64.7000 1934-06-01 63.8000 1934-07-01 63.3000 1934-08-01 65.0000 1934-09-01 65.6000 1934-10-01 74.9000 1934-11-01 76.2000 1934-12-01 76.5000 1935-01-01 77.4000 1935-02-01 77.4000 1935-03-01 79.4000 1935-04-01 82.4000 1935-05-01 82.4000 1935-06-01 81.8000 1935-07-01 83.5000 1935-08-01 84.4000 1935-09-01 85.9000 1935-10-01 87.4000 1935-11-01 87.6000 1935-12-01 88.5000 1936-01-01 87.1000 1936-02-01 87.9000 1936-03-01 88.5000 1936-04-01 88.5000 1936-05-01 89.1000 1936-06-01 90.9000 1936-07-01 92.0000 1936-08-01 91.7000 1936-09-01 92.0000 1936-10-01 91.7000 1936-11-01 90.6000 1936-12-01 89.1000 1937-01-01 84.4000 1937-02-01 79.1000 1937-03-01 74.0000 1937-04-01 61.7000 1937-05-01 49.6000 1937-06-01 36.6000 1937-07-01 28.4000 1937-08-01 21.9000 1937-09-01 14.7000 1937-10-01 10.8000 1937-11-01 9.90000 1937-12-01 10.5000 1938-01-01 15.6000 1938-02-01 22.2000 1938-03-01 28.6000 1938-04-01 29.8000 1938-05-01 35.2000 1938-06-01 47.4000 1938-07-01 65.8000 1938-08-01 72.7000 1938-09-01 74.8000 1938-10-01 78.5000 1938-11-01 79.4000 1938-12-01 80.9000 1939-01-01 83.6000 1939-02-01 83.6000 1939-03-01 54.2000 1939-04-01 84.2000 1939-05-01 85.5000 1939-06-01 86.7000 1939-07-01 87.0000 1939-08-01 87.0000 1939-09-01 89.4000 1939-10-01 90.6000 1939-11-01 90.6000 1939-12-01 90.9000 1940-01-01 91.8000 1940-02-01 91.8000 1940-03-01 92.4000 1940-04-01 92.7000 1940-05-01 93.0000 1940-06-01 93.3000 1940-07-01 93.9000 1940-08-01 93.9000 1940-09-01 94.8000 1940-10-01 95.5000 1940-11-01 95.8000 1940-12-01 96.4000 1941-01-01 96.7000 1941-02-01 96.7000 1941-03-01 96.7000 1941-04-01 96.7000 1941-05-01 96.7000 1941-06-01 96.7000 1941-07-01 96.7000 1941-08-01 96.7000 1941-09-01 96.7000 1941-10-01 96.7000 1941-11-01 96.7000 1941-12-01 97.6000