Month Per Cent Expanding: Seasonally Adjusted By Nber 1919-01-01 52.5000 1919-02-01 48.9000 1919-03-01 59.6000 1919-04-01 73.5000 1919-05-01 68.0000 1919-06-01 80.0000 1919-07-01 78.0000 1919-08-01 76.0000 1919-09-01 74.5000 1919-10-01 68.6000 1919-11-01 68.6000 1919-12-01 63.0000 1920-01-01 70.4000 1920-02-01 54.5000 1920-03-01 50.9000 1920-04-01 45.6000 1920-05-01 45.8000 1920-06-01 49.2000 1920-07-01 44.1000 1920-08-01 39.0000 1920-09-01 31.7000 1920-10-01 26.2000 1920-11-01 30.6000 1920-12-01 23.1000 1921-01-01 32.3000 1921-02-01 50.0000 1921-03-01 54.5000 1921-04-01 54.5000 1921-05-01 55.2000 1921-06-01 55.2000 1921-07-01 56.7000 1921-08-01 64.7000 1921-09-01 63.8000 1921-10-01 63.8000 1921-11-01 72.5000 1921-12-01 75.4000 1922-01-01 76.8000 1922-02-01 79.7000 1922-03-01 79.7000 1922-04-01 81.2000 1922-05-01 85.5000 1922-06-01 89.9000 1922-07-01 91.3000 1922-08-01 92.8000 1922-09-01 90.0000 1922-10-01 91.4000 1922-11-01 92.9000 1922-12-01 90.0000 1923-01-01 87.1000 1923-02-01 85.7000 1923-03-01 85.7000 1923-04-01 77.8000 1923-05-01 75.0000 1923-06-01 61.6000 1923-07-01 60.3000 1923-08-01 60.3000 1923-09-01 58.9000 1923-10-01 60.3000 1923-11-01 58.1000 1923-12-01 54.1000 1924-01-01 48.6000 1924-02-01 47.3000 1924-03-01 39.2000 1924-04-01 40.5000 1924-05-01 38.4000 1924-06-01 36.5000 1924-07-01 50.0000 1924-08-01 62.2000 1924-09-01 66.2000 1924-10-01 67.6000 1924-11-01 67.6000 1924-12-01 72.0000 1925-01-01 76.0000 1925-02-01 73.3000 1925-03-01 736.300 1925-04-01 74.7000 1925-05-01 73.3000 1925-06-01 74.7000 1925-07-01 73.3000 1925-08-01 69.9000 1925-09-01 69.9000 1925-10-01 69.9000 1925-11-01 71.2000 1925-12-01 71.2000 1926-01-01 59.5000 1926-02-01 60.8000 1926-03-01 59.5000 1926-04-01 59.5000 1926-05-01 62.2000 1926-06-01 64.9000 1926-07-01 59.5000 1926-08-01 56.8000 1926-09-01 55.4000 1926-10-01 52.7000 1926-11-01 54.1000 1926-12-01 52.7000 1927-01-01 49.3000 1927-02-01 52.0000 1927-03-01 54.7000 1927-04-01 50.7000 1927-05-01 52.0000 1927-06-01 53.9000 1927-07-01 51.3000 1927-08-01 51.3000 1927-09-01 47.4000 1927-10-01 47.4000 1927-11-01 51.3000 1927-12-01 57.9000 1928-01-01 63.2000 1928-02-01 68.4000 1928-03-01 67.1000 1928-04-01 68.4000 1928-05-01 69.7000 1928-06-01 71.1000 1928-07-01 73.7000 1928-08-01 76.3000 1928-09-01 75.0000 1928-10-01 75.0000 1928-11-01 75.0000 1928-12-01 71.1000 1929-01-01 72.4000 1929-02-01 67.1000 1929-03-01 67.1000 1929-04-01 67.1000 1929-05-01 61.8000 1929-06-01 56.6000 1929-07-01 55.3000 1929-08-01 48.7000 1929-09-01 38.2000 1929-10-01 36.8000 1929-11-01 25.0000 1929-12-01 25.0000 1930-01-01 22.4000 1930-02-01 19.7000 1930-03-01 17.1000 1930-04-01 17.1000 1930-05-01 14.5000 1930-06-01 14.5000 1930-07-01 15.8000 1930-08-01 15.8000 1930-09-01 18.4000 1930-10-01 18.4000 1930-11-01 18.4000 1930-12-01 21.1000 1931-01-01 19.7000 1931-02-01 21.1000 1931-03-01 22.4000 1931-04-01 22.4000 1931-05-01 22.4000 1931-06-01 21.1000 1931-07-01 17.1000 1931-08-01 6.60000 1931-09-01 6.60000 1931-10-01 5.30000 1931-11-01 6.60000 1931-12-01 6.60000 1932-01-01 6.60000 1932-02-01 5.30000 1932-03-01 7.90000 1932-04-01 10.5000 1932-05-01 10.5000 1932-06-01 11.8000 1932-07-01 17.3000 1932-08-01 24.3000 1932-09-01 36.5000 1932-10-01 39.2000 1932-11-01 43.2000 1932-12-01 45.9000 1933-01-01 52.7000 1933-02-01 54.1000 1933-03-01 57.5000 1933-04-01 75.0000 1933-05-01 80.3000 1933-06-01 76.1000 1933-07-01 74.6000 1933-08-01 62.0000 1933-09-01 63.4000 1933-10-01 60.6000 1933-11-01 64.8000 1933-12-01 63.4000 1934-01-01 64.8000 1934-02-01 66.2000 1934-03-01 63.4000 1934-04-01 59.2000 1934-05-01 64.8000 1934-06-01 64.8000 1934-07-01 64.8000 1934-08-01 66.2000 1934-09-01 63.4000 1934-10-01 73.2000 1934-11-01 73.2000 1934-12-01 76.1000 1935-01-01 77.5000 1935-02-01 80.3000 1935-03-01 81.7000 1935-04-01 83.1000 1935-05-01 81.7000 1935-06-01 81.7000 1935-07-01 83.1000 1935-08-01 78.9000 1935-09-01 81.7000 1935-10-01 83.1000 1935-11-01 83.1000 1935-12-01 81.7000 1936-01-01 81.7000 1936-02-01 85.9000 1936-03-01 87.3000 1936-04-01 88.7000 1936-05-01 87.3000 1936-06-01 91.5000 1936-07-01 90.1000 1936-08-01 91.5000 1936-09-01 93.0000 1936-10-01 91.5000 1936-11-01 88.7000 1936-12-01 83.1000 1937-01-01 76.1000 1937-02-01 74.6000 1937-03-01 71.8000 1937-04-01 60.6000 1937-05-01 54.9000 1937-06-01 45.1000 1937-07-01 42.3000 1937-08-01 38.0000 1937-09-01 29.6000 1937-10-01 22.5000 1937-11-01 22.5000 1937-12-01 23.9000 1938-01-01 31.0000 1938-02-01 36.6000 1938-03-01 40.8000 1938-04-01 40.8000 1938-05-01 53.5000 1938-06-01 57.7000 1938-07-01 70.4000 1938-08-01 76.1000 1938-09-01 78.9000 1938-10-01 80.3000 1938-11-01 80.3000 1938-12-01 78.9000 1939-01-01 80.3000 1939-02-01 80.3000 1939-03-01 80.3000 1939-04-01 81.7000 1939-05-01 83.1000 1939-06-01 83.1000 1939-07-01 83.1000 1939-08-01 84.5000 1939-09-01 83.1000 1939-10-01 83.1000 1939-11-01 81.7000 1939-12-01 77.5000 1940-01-01 80.3000 1940-02-01 81.7000 1940-03-01 80.3000 1940-04-01 81.7000 1940-05-01 85.9000 1940-06-01 87.3000 1940-07-01 88.7000 1940-08-01 90.1000 1940-09-01 93.0000 1940-10-01 95.8000 1940-11-01 95.8000 1940-12-01 97.2000