Board of Governors of the Federal Reserve System

99.8 99.3 99.3 80.6 81.3 87.7 89.0 80.0 84.2 Food 311 8.60 106.1 106.4...98.4 98.0 97.4 99.0 99.3 95.3 98.1 97.2 98.3 99.7 99.3 Printing and related

99.6 96.6 97.7 98.4 97.6 | 97.5 100.3 96.9 99.1 100.0 99.8 Other food ...99.3 101.7 101.4 | 99.6 107.0 97.4 Plywood and misc. wood products 3212,9

102.4 99.6 105.4 101.4 101.2 | 104.9 102.5 99.6 105.1 101.7 102.0 Sugar...99.0 99.2 99.3 99.2 | 100.3 98.3 97.4 96.5 96.3 Creamery butter | 311512

4.0 .2 .0 .5 1.3 1.7 | 7.0 Utilities | 99.3 102.2 99.6 107.0 106.0 106.4...1.4 | 1.9 .3 7.1 | .4 .9 -.6 1.6 -.4 1.4 | 3.0 Durable | | 5.99 | -4.2

To: Research Directors From: Matthew M. Luecke Subject: Supporting Documents...4 of 16 Page 4 of 113 Authorized for public release by the FOMC Secretariat

100.4 99.4 97.4 96.7 99.2 99.7 | 101.0 100.1 98.7 99.2 100.9 99.5 Grain...99.3 102.8 100.4 | 104.3 102.1 102.4 98.7 99.0 96.5 Wood container and

4.91 | 96.9 98.3 99.6 100.1 99.1 99.6 | 95.9 97.7 99.0 99.3 98.1 99.3 ...4.57 | 96.9 98.4 99.7 100.2 99.2 99.7 | 95.9 97.7 98.9 99.4 98.3 99.5

99.9 100.9 106.1 105.3 103.4 103.0 103.3 Commercial products 2.95 102.4...97.4 Converted fuel 3.98 99.0 94.6 94.9 97.7 102.8 97.6 96.9 96.6 95.6

99 Accrued benefit costs 1,855 1,823 Deferred credit items 632 1,127 Accrued...year-to-date Three months ended and year-to-date March 31, 2014 March

102.4 98.0 92.4 86.7 Coal mining 2121 .66 101.1 99.5 99.5 98.9 101.0 99.2...99.1 98.5 99.4 100.3 101.6 99.6 99.9 100.6 99.8 95.8 101.5 Pulp mills