Full text of Survey of Current Business : November 1957
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NOVEMBER
U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
1957
OF
CURRENT
BUSINESS
NOVEMBER 1957
Albuquerque, N. Mex.
321 Post Office Bldg.
Memphis 3, Tenn.
22 North Front St.
Atlanta 3, Ga.
66 Luckie St. NW.
Miami 32, Fla.
300 NE. First Ave.
Boston 9, Mass.
U. S. Post Office and
Courthouse Bldg.
Minneapolis 1, Minn.
2d Ave. South and
3d St.
Buffalo 3, N. Y.
117 Ellicott St.
L^ontenfo
iESS SITUATION
1 Income and Product—
d and Income Sustained in Third
er
DEPARTMENT OF COMMERCE
FIELD SERVICE
PAGE
1
3
Charleston 4, S. C.
Area 2,
Sergeant Jasper Bldg.
Cheyenne, Wyo.
307 Federal Office Bldg.
Chicago 6, III.
226 W. Jackson Blvd.
Cincinnati 2, Ohio
442 U.S. Post Office
and Courthouse
ts in Production and Consumption . . . 9
Selected Commodities
10
>ng-Term Markets—
Product Trends and Potential
*
*
17
*
;VISED STATISTICAL SERIES . . . . 22
BUSINESS STATISTICS
S-l to S-40
al Index
Inside back cover
Cleveland 14, Ohio
1100 Chester Ave.
Dallas 1, Tex.
3-104 Merchandise
Mart
500 South Ervay St.
Denver 2, Colo.
142 New Customhouse
Detroit 26, Mich.
438 Federal Bldg.
Greensboro, N. C.
407 U. S. Post Office
Bldg.
Houston 2, Tex.
Franklin and Main St.
Jacksonville 1, Fla.
311 W. Monroe St.
Kansas City 6, Mo.
911 Walnut St.
by the U. S. Department of Commerce, SINCLAIR WEEKS,
of Business Economics, M. JOSEPH MEEHAN,
^ption price, including weekly statistical supplement, is
mailings $5.75. Single copy, 30 cents. Send remitt of Commerce Field Office or to the Superintendent of
States Government Printing Office, Washington 25, D. C.
»n arrangements, including changes of address, should be
the Superintendent of Documents. Make checks payable
jf Documents.
Los Angeles 15, Calif.
1031 S. Broadway
New Orleans 12, La.
333 St. Charles Are.
New York 1. N. Y.
350 Fifth Ave.
Philadelphia 7, Pa.
1015 Chestnut St.
Phoenix, Aric.
137 N. Second Are.
Pittsburgh 22, Pa.
107 Sixth St.
Portland 4, Oreg.
520 SW. Morrison St.
Reno, Nev.
1479 Wells Ave.
Richmond 19, Va.
llth and Main Sts.
St. Louis 1, Mo.
1114 Market St.
Salt Lake City 1. Utah
222 SW. Temple St.
San Francisco 11, Calif.
555 Battery St.
Savannah, Ga.
125-29 Bull St.
Seattle 4, Wash.
909 First Ave
For local telephone listing, consult section
devoted to U. S. Government
NOVEMBER 1957
ii
By the Office of Business Economics
Output and Income Higher in Both
Dollar and Real Terms
BILLION DOLLARS
500 ~
GROSS NATIONAL PRODUCT
400 -
300 -
200 -
CURRENT DOLLARS
II I1
!I1I
i
100 -
1952
53
54
55
56
57*
53
21947 DOLLARS 3
55
Income and employment
-
57*
II 11 i I I
!
I
*,
\
400 -
54
i
56
1952
53
***
58
DISPOSABLE PERSONAL INCOME
300 -
200 -
CURRENT DOLLARS
100 -
1952
111
53
54
55
56
1
57*
58
1952
1 1947 DOLLARS 3
1I I
53
54
55
)
56
Total personal income in October was at a seasonally
adjusted annual rate of $345% billion, about $1 billion below
the September and third-quarter rates; it was $3 billion
higher than in the second quarter and $11% billion, or 3%
percent, above October of last year. The October decline
centered in wages and salaries as both employment and hours
worked per week were off, with average hourly earnings
remaining at record levels. Income flows other than wages
and salaries showed little change from September apart
from a rise in transfer payments stemming mostly from
increased unemployment insurance benefits.
After allowance for seasonal influences, employees on nonfarm payrolls totaled 52% million in October, about 350,000
below the August high. The reductions in employment in
this period occurred chiefly in manufacturing, and more
particularly in the durable-goods lines of aircraft, primary
metals, and machinery production.
Changes in retail sales
:
?
i i
57*
58
*First three quarters, seasonally adjusted, at annual rates
U. S. Department of Commerce, Office of Business Economics
THE Nation moves into the holiday buying season
which closes out the year, the high rate of economic activity
is providing a flow of goods and services and a corresponding
flow of purchasing power which are of record or near-record
proportions. Some signs of hesitancy, however, have been
evidenced in the more recent movements of monthly business
indicators. Personal income, nonfarm employment, and
retail sales—three of the broadest measures of the economy's
month-to-month pace—are off a bit from their summer
highs but continue appreciably above a year ago.
Third-quarter income and output were at record levels.
While the continuous dollar rise in GNP thus far in 1957—
to a seasonally adjusted annual rate of $439 billion in the
third quarter—has reflected the influence of higher prices
and costs, the physical volume of total output has been
maintained on the high plateau marked out in the final
quarter of last year. The adjacent chart shows that the
annual rate of physical production in the first three quarters
of 1957 was moderately above the calendar-year total for
1956, and that the dollar total was up around 5 percent.
57-29H
Retail sales in September, seasonally adjusted, differed
little from the average for the preceding 2 months. For
October, the preliminary report indicates a less-than-seasonal
rise, with dollar sales in most lines and in the aggregate
well above a year ago.
Total sales of durable-goods stores have been fairly steady
recently, at or close to the level reached at the start of the
year. Sales in the nondurable-goods category advanced over
most of 1957 and, while down slightly in the more recent
period, are close to their alltime high.
SURVEY OF CURRENT BUSINESS
New model automobiles are only now coming on the
market in volume, and hence it is too early to say how
sales are proceeding. It is fairly clear, however, that the
cleanup sales of 1957 models have proceeded well. Total
unit sales of new cars so far in 1957 match those of a
year ago after having shown some lagging tendencies earlier
in the year.
The general movement of prices in consumer channels
continued upward through September, marking the 13th
consecutive rise in the overall index. The increase during
the past 12 months has amounted to 3% percent, with prices
of nearly all principal groups of goods and services higher
than a year ago.
Wholesale prices underwent a small net decline in the
aggregate from mid-August through the end of October,
and at that time were less than 2 percent above a year ago.
In the latest period, farm and food prices moved moderately
lower; industrial prices were down fractionally with raw
materials, such as metal scrap and lumber, being the principal
items affected.
Manufacturing activity eases
Manufacturers' sales were fairly stable during the middle
months of 1957, at rates above a year ago but somewhat
reduced from the record first-quarter volume. September
shipments were also higher than a year earlier, though down
fractionally from August. The Federal Reserve Board's
index showed some easing of industrial production in
October.
New orders booked by manufacturers have tended downward this year and in September were moderately less than
in the same month of 1956. With incoming business below
sales so far in 1957, unfilled orders were reduced by $7
billion, or more than 10 percent, over the past 12 months.
Much of this decrease reflected adjustments in military
procurement programs.
The steel and auto industries—which have been important
in shaping the overall trend in manufacturing and for which
quite current information is available—have followed somewhat different activity patterns this year. Steel output,
trending moderately downward throughout 1957 from high
and near-capacity rates of operation during most of 1956,
has not shown the usual seasonal pickup for this time of
year. Weekly production rates in early November moved
below the 2-millipn ton mark for the first time since resumption of activity after the 1956 midsummer work
stoppage. This compares with a weekly average of about
2% million tons in the fourth quarter of last year.
On the other hand, production of new cars, which in 1956
fell well below the exceptional 1955 total, has increased
this past year and 1957 assemblies are expected to top last
year's volume of 5.8 million units.
Construction activity steady
Next to manufacturing, the construction industry is the
largest producer of goods in the economy. Total dollar
value of construction put in place—for both public and
private accounts—was at a record high in October on a
seasonally adjusted basis. Output in physical terms has
held steady over the past year.
Outlays for public construction have been almost steadily
upward over the last several years as requirements for
schools, highways, and local improvements have continued
to grow. Total private construction activity, which had
been stable in the earlier months of 1957, turned moderately
upward last August; value put in place during October was
equivalent to a seasonally adjusted annual rate of $34 bil
November 1957
lion, up about $% billion from the third-quarter average.
Throughout most of the recent period including October,
activity on nonresidential projects was virtually unchanged,
roughly $1 billion above a year ago. The slight fillip to
total private construction activity stemmed from residential
building, which reached a low last May.
There are some indications that the recent rate of residential construction may be at least maintained and perhaps
bettered over the next several months. Private housing
starts in the third quarter were at a seasonally adjusted
annual rate of 1 million units, having tended upward in
recent months from the low reached last winter. Moreover,
as indicated in the next section, the sharp reduction in
demand for federally supported home financing in 1956 and
early 1957 was halted this past summer, and the more recent
volume of applications appears to be up slightly after
allowance for seasonal influences.
It might be noted that, as previously indicated in the
SURVEY, total investment in new plant and equipment is
expected by business firms to remain steady through the
fourth quarter at the record annual rate of $37 billion.
In other parts of the private economy, where the combined rate of activity has been well sustained, recent trends
have exhibited considerable diversity. A few examples may
be cited.
Electric power output has been off moderately in the latest
period on the basis of seasonally adjusted indexes, but is up
markedly so far this year in comparison with 1956. Activity in the communications branch has shown a substantial
and almost steady rate of growth in recent years, which is
being extended currently.
On the other hand, rail freight business has tended downward during most of 1957, with the bulk of the drop in the
seasonally adjusted series having occurred in the second
quarter. Currently, total carloadings are off about 10
percent from the late 1956 rate.
Demands for capital funds
While aggregate investment demands have been close to
peak rates, and interest rates remained at their postwar
highs through early November, there is some evidence that
business borrowing from banks has been reduced from
earlier this year as well as from the exceptionally heavy
requirements of 1956. Since midyear, loans to business by
leading city banks have been reduced by $% billion in contrast to an expansion of over $1 billion in the same period
last year.
After reaching a peak in July, common-stock prices
declined through mid-October and have undergone little net
change in the past month. Currently, these prices as
measured by the Securities and Exchange Commission average 10 percent below a year ago and are back to mid-1955
levels. The recent downward movement in stock prices
undoubtedly indicates some increase in costs of new equity
financing, which reached a postwar low last spring.
While the impact of these changes in costs cannot now be
fully assayed, it appears that new equity financing was off
moderately in the last several months. There also appears
to be some letup in new bond flotations, which were being
issued in record volume earlier this year.
In mid-November the Federal Reserve Board authorized
some of its district banks to lower their discount rates from
3% percent to 3 percent on member-bank borrowings, thus
paving the way for somewhat easier terms on loans to bank
customers. The discount rate had previously been increased
in successive steps from early 1955 to August of this year in
a program of restraining bank credit expansion to alleviate
inflationary pressures.
SUEVEY OF CUKKENT BUSINESS
November 1957
National Income and Product
Demand and Income Sustained in Third Quarter
A HE VALUE of national output continued to rise in the
third quarter, as consumer buying expanded further. At a
seasonally adjusted
annual rate of $439 billion, gross national
product was $5 billion higher than in the spring quarter,
and $10 billion more than in the first quarter of 1957. Government and investment buying leveled off after midyear.
The increase in total GNP—and the associated rise in
national income—so far during 1957 have been broadly
paralleled, in percentage terms, by an advance in the general level of prices. The real volume of production of goods
and services has remained on a high plateau since the end
of last year, but as is clear from the chart on page 1 the
current year has registered a further gain in physical production over the results of 1956.
The general structure of the Nation's markets has shown
little change from 1956 to 1957, although—as indicated by
the article on the subject in this issue—there has been
diversity of output changes among the various products
making up the broad aggregates. The major distributions
of output—by purchaser group and by type of product—
in the accompanying chart reveal a basic constancy of
pattern.
The postwar rise in the services fraction of gross national
product seems to have continued, though neither this movement nor the corresponding decline in the nondurable goods
fraction has been at all marked this year.
Approximate stability in the fraction of dollar output
represented by construction and durable goods is due in
part to offsetting movements, though these have not been
large. Total spending for durables is up this year relative
to gross national product, reflecting larger business (and
foreign) purchases of equipment as well as increased Federal
outlays for military goods. The postwar uptrend of construction outlays, by contrast, tapered after mid-1955, with
the decline of activity in residential building.
In the lower panel of the chart, the investment percentage
of GNP is seen to have moved slightly closer to the postwar
average this year. Its decline reflects chiefly the contrast
between the growth of inventories during 1956 and the
stable position in which they have been held by business so
far in 1957.
The corresponding limited increase elsewhere centered in
the government fraction. The percentage of the national
output going for personal consumption in the first threequarters of 1957 was virtually the same as in 1956, and
somewhat under the average for other recent years.
A difference between 1956 and 1957—more pronounced
than any of those noted above—lies in the recent tendency
toward a leveling off in a number of the advances and
declines which featured the economy last year.
The change in business inventory policy took place at the
outset of 1957, and no further shift has since been apparent.
The decline in residential construction activity which continued throughout 1956 and emerges clearly in 1956-57
comparisons to date has recently shown a tendency to
flatten out.
Business investment in new construction and outlays for
producers' durable equipment, which had been a major
influence in the rise in business activity from 1955 through
Percent Distribution of Gross
National Product
BY TYPE OF PRODUCT
Construction and
Durable Goods
Nondurable Goods
Services
1947-55
AVG.
1956
1957*
1947-55
1956
1957*
BY MARKET
Investment
Government
Personal
Consumption
AYG.
*Based upon first three quarters, seasonally adjusted
U. S, Department of Commerce, Office of Business Economics
57-29-3}
SUEVEY OF CURRENT BUSINESS
the early part of 1957, have leveled off at peak rates. Purchases by the Federal Government similarly have held about
even after a rapid expansion extending into the early part of
this year, though the summer quarter was marked by steps
taken to adjust them in line with the current budget.
Recent developments in consumer, investment, and public
spending are reviewed below.
Consumer Purchasing Higher
Personal consumption reached an annual rate of $283 %
billion in the third quarter, up \% percent in comparison
with the spring quarter. Outlays for nondurable goods
accounted for most of the advance, though service purchases
continued their uptrend. Expenditure for durable goods,
which had declined earlier in the year, leveled off on a
seasonally adjusted basis from the second quarter to the
third. Retail sales data indicate that overall demand in
consumer markets was well maintained during the third
quarter.
Consumer spending for durable and nondurable goods in
the first 3 quarters was 5 percent above the comparable
period of 1956, and spending for services was up slightly
more.
about the same for the 9 months, dollar sales are up proportionately to prices. Trade reports have generally expressed
satisfaction with the progress made in clearing out the
dealers' stocks of 1957 models preparatory to the introduction
of the 1958 lines.
The unit output of major household durables through
September was lower this year than last. Output of appliances and heaters, in particular, was down substantially.
Declines in production of furniture and floor coverings and
of radio and television sets have been relatively limited,
with increases registered after midyear.
Consumer income
Personal income in the third quarter was at a seasonally
adjusted annual rate of $346% billion, $3% billion higher than
in the spring. Personal income from current earnings
showed a rather steady growth from quarter to quarter
during the first 9 months of this year, as both payrolls and
other realized earnings moved up. The accompanying
text table gives the quarterly changes, in billions of dollars
at seasonally adjusted annual rates. (Increases in public
debt interest, regular and too small to be shown separately,
are here combined with changes in transfer payments
defined net of personal contributions for social insurance.)
Buying of nondurables up
Increases in nondurable goods outlays after midyear were
quite general among the major subgroups. Quantitatively
the most important was the continued expansion in purchases of foods and beverages. Recent quarterly advances
recorded for food have in part been a reflection of greater
than seasonal price increases. Through August, higher meat
prices accompanied the 1956-57 decline in the volume of
cattle and hog marketings, and advances have been reported
in various other lines. The food price index dipped in September, however, and its advance from the second quarter
to the third was less than the percentage gain in sales.
Apparel purchases also expanded in the summer quarter,
after a period of virtual stability; in this category volume
was up,' prices having shown little change overall since a
year ago. Various other items contributed smaller dollar
amounts to the expansion of nondurable goods sales. In
particular, a marked rise in outlays for tobacco products
accompanied the increase in cigarette prices effective after
midyear.
At an annual rate of $106 billion in the third quarter,
personal consumption expenditures for services were up 1
percent as further advances occurred in housing, household
operation, and a variety of minor components. In most
cases both price and volume increases seem to have contributed to this expansion. Real gains were particularly clear
in the products related to the continuing growth and rising
average quality of the Nation's housing supply.
Mixed trends in consumer durables
Consumer spending for durable goods held level at an
annual rate of $35 billion, and good business during the
windup of the automobile year brought cumulative unit sales
for 1957 to date even with a year ago. Purchases of iionautomotive durables remained close to the $19% billion rate
which has been maintained from quarter to quarter since
early 1956 as the furniture and household appliances category,
which accounts for about three-fourths of these purchases,
showed no change.
As in earlier quarters, automotive buying registered
larger dollar totals than in 1956. Auto prices have averaged
considerably higher this year than last and, with unit sales
November 1957
Changes in income components in 1957
4th quarter 1st quarter
1956 to 1st
to U
quarter 1957
quarter
Wages and salaries
Other personal income currently earned-.
Total currently earned
Net transfer payments
Personal income
2. 5
.3
3.2
.0
3.2
2. 7
.9
3. 6
1.5
5.1
%d quarter
to Sd
quarter
2. 7
1.1
3. 8
—.1
3.7
Underlying the smooth rise in current earnings on a
uarterly basis has been some disparity of experience among
le different components, as well as some variation in the
movement of the total from month to month. Of interest
in the third quarter are the slower growth of private-industry
payrolls and a minor upswing in government wages and
salaries. The tapering of the rise in total personal income
on a monthly basis is discussed in the Business Review
section of this issue.
The expansion of private payrolls from the second quarter
to the third was slowed because of slight declines in manufacturing arid construction. Changes reported for most other
industries were about in line with recent trends. The chief
gains were in trade and services, while transportation payrolls
continued weak.
The summer slippage in manufacturing came as declines
outnumbered advances among the principal industry groups.
No very clear industry pattern characterized either the
reductions or the advances. The largest increases were in
fabricated metals, furniture, rubber, and paper; the principal
declines occurred in autos (where the model changeover was
a factor) and in aircraft, nonelectrical machinery, and
apparel. In general these changes were small.
The third-quarter spurt apparent in public payrolls
stemmed mainly from an increased rate of hiring by State and
local governments; also involved was the recovery from a dip
last spring in Federal disbursements to postal workers.
Most other types of personal income currently earned moved
up as in other recent quarters. Earnings of proprietors in
retail trade and the service industries benefited from increased buying by consumers, and farm income reflected
certain improvements in cost-price relationships for the summer quarter as a whole. Interest and dividend income also
expanded fractionally.
a
SUEVEY OF CUEEENT BUSINESS
November 1957
Tlie net total of transfer payments was swelled in the
second quarter by initial social security payments to farmers
and other groups recently made eligible for benefits. (An
increase from the same cause in the first quarter had been
offset by a rise in personal contributions as rates went up.)
Many of these initial checks, moreover, covered claims for
several previous months. In the summer quarter fewer such
retroactive payments were made, but total net transfers
remained at about the second-quarter level as social security
payments for disability retirement; were begun and unemployment benefits rose somewhat.
files the application; in the case of VA, the lender, builder
or prospective purchaser files it (in the form of a request for
appraisal).
As the chart suggests, these applications have shown
some tendency to lead the total of starts made under FHA-
Residential Construction
Decline arrested in third quarter
Investment Pace Maintained
20
Total investment was substantially unchanged from the
second quarter to the third, and this stability extended to
every major component distinguished in table 1. The
decline in residential building activity was halted, and other
construction held at the rate reached last spring. Investment
in producers' durable equipment continued at a $30%
billion rate for the second successive quarter. The other
key elements of total investment, change in business inventories and the net foreign balance, are substantially smaller
than these but characteristically are more volatile. Their
indicated movements from, the second quarter to the third
were relatively minor, being on the order of $% billion in each
case.
Investment spending in these various forms summed to a
total of $68% billion, at seasonally adjusted annual rates, or
15% percent of the third-quarter gross national product.
Comparisons for years back to 1950 were as follows:
Percent
1950
1951
1952
1953
17. 2
17. *4
14. 4
13. 3
1954
1955
1956
1957 (3 qtrs.)
15
10
i i i I i i i I i i i
Federally underwritten starts have
firmed recently . . .
2.0
Percent
13. 3
15. 4
16. 2
15. 7
VALUE PUT IN PLACE
STARTS
1.5
to
t
I 1.0
The ratio of investment to total gross national product in
the third quarter, it will be noted, was substantially the
same as that shown above (and in the chart) for the first
three quarters of 1957.
Residential construction demand firms
Reflecting the irregular updrift in seasonally adjusted
housing starts since, early spring, outlays for new private
nonfarm residential construction firmed toward midyear,
and after allowance for seasonal variation were a little
higher in the summer quarter than in the April-June period.
The accompanying chart shows the relationship of starts
to expenditure for construction of new units since 1952.
Apart from the slight relative uptrend of outlays as average
expenditure per dwelling has increased with the average
size and quality of homes built and with higher building
costs, the two series show a broad conformity of movement.
The expected tendency for fluctuations in starts to lead
those in spending also appears, though not at all uniformly
from quarter to quarter.
The decline since mid-1955, like the upswing which had
preceded it, is seen to have been associated with variations
in federally underwritten starts. Before work is begun on
units ultimately to be financed with Government backing,
the FHA or VA customarily receives an application for a
commitment. In the case of FHA, the prospective lender
and the downtrend in applications for FHAVA commitments was halted after midyear
2.0
APPLICATIONS
1.5
i.o
0 I i i i I i i i I i i i I i i i I
1952
1953
1954
I I I I I I I I I I I
1955
1956
1957
1958
QUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
Data: BLS, BDSA, FHA & VA
U. S. Department of Commerce, Office of Business Economics
57-29-3
SUEVEY OF CURRENT BUSINESS
6
November 1957
Table 1.—Gross National Product, National Income, and Personal Income, 1955, 1956, and First Three Quarters 1957
(Billions of dollars)
Unadjusted
1955
Seasonally adjusted at annual rates
1957
1956
1955
I
II
III
1957
1956
I
II
III
IV
I
II
III
IV
I
II
III
GROSS NATIONAL PRODUCT
OR EXPENDITURE
Gross national product
-
_.
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ __
Gross private domestic investment
New construction
Residential nonfarm
Other
-_ . _
.
Producers' durable equipment „
Change in business inventories, total
Nonfarm only
391.7
414.7
104.0
107.8
108.4
379.0
387.7
397.0
402.8
405.2
410.8
416.7
426.0
429.1
434.3
439. 0
254.4
267.2
65.8
69.7
69.3
247.4
252.1
258.3
259.9
262.8
265.0
268.6
272.3
276.7
278.9
283.6
35.6
126.0
92.8
33.9
133.3
99.9
8.1
31.6
26.1
8.9
34.4
26.4
8.4
34.8
26.2
34.7
122. 4
90.2
35.3
124.8
92.0
37.2
127.4
93.7
35.4
129.2
95.3
34.6
130.9
97.2
33.3
132.7
99.0
33.0
134.4
101.1
34.8
135.3
102.2
35.9
137.3
103.4
35.0
139.1
104.9
35.0
142.5
106.1
60.6
65.9
16.5
15.4
16.7
55.6
59.7
61.4
65.4
64.4
65.3
65.5
68.5
62.7
65.0
65.5
32.7
33.3
7.1
8.2
9.1
31.6
32.7
32.9
33.2
32.9
33.6
33.2
33.4
32.8
32.7
33.0
16.6
16.1
15.3
18.0
2.9
4.2
3.6
4.7
4.0
5.2
16.3
15.3
16.8
15.9
16.7
16.2
16.4
.16.8
15.7
17.3
15.5
18.1
15.1
18.1
15.1
18.4
14.4
18.5
13.7
19.0
14.0
19.0
23.7
28.1
7.5
8.0
7.4
21.3
22.4
25.2
25.9
26.3
27.2
29.0
29.9
30.7
30.5
30.5
4.2
4.6
2.0
-.8
.1
2.7
4.6
3.3
6.3
5.2
4.6
3.3
5.1
-.8
1.7
2.0
4.0
5.0
2.1
-.7
.2
2.2
4.2
3.1
6.3
5.4
5.0
3.9
5.7
-.3
2.2
2.3
Net foreign investment
-.4
1.4
1.0
.9
.4
-.4
-.7
.1
-.7
-.2
1.2
2.0
2.4
4.1
3.5
3.2
Government purchases of goods and services
77.1
80.2
20.7
21.8
22.0
76.5
76.6
77.2
78.2
78.2
79.3
80.6
82.8
85.6
86.9
86.7
46.8
47.2
12.6
12.8
12.7
46.9
46.5
46.7
47.1
46.2
46.4
47.3
49.0
50.3
51.1
50.6
41.3
42.4
11.4
11.6
11.5
41.8
41.3
41.3
40.7
41.1
41.6
42.7
44.2
45.5
46.3
45.8
39.1
2.2
40.4
2.0
10.9
.5
11.1
.5
11.0
.5
39.2
2.6
39.0
2.3
39.4
1.8
38.7
2.0
39.1
2.0
39.5
2.1
40.9
1.9
42.0
2.2
43.6
1.9
44.2
2.1
43.8
2.0
5.9
5.2
1.3
1.3
1.3
5.5
5.6
5.8
6.8
5.5
5.2
4.9
5.1
5.2
5.2
5.2
.4
.4
.1
.1
.1
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
30.3
33.0
8.1
9.1
9.4
29.5
30.1
30.5
31.1
32.0
32.9
33.3
33.9
35.3
35.8
36.1
Federal
National security
National defense
Other national security.
-
Other
Less* Government sales
State and local
NATIONAL INCOME
BY DISTRIBUTIVE SHARES
National income—
324.1
343.6
87.7
89.8
311.4
321.5
328.3
334.9
335.8
340.6 * 344.5
353.3
355.1
358.1
Compensation of employees
223.1
241.4
62.0
63.3
65.0
214.0
221.3
226.1
230.8
234.5
240.0
242.7
247. 9
251.1
254.0
257.0
Wages and salaries
210.3
227.2
57.9
59 2
61.1
201.8
208.8
213. 0
217.5
220.9
226.1
228.3
233.3
235.9
238.6
241.3
174.4
9.8
26.1
189.4
9.7
28.2
49.4
2.4
7.4
51.3
2.5
7.4
166.9
9.7
25.3
176.9
9.8
26.4
181.1
9.7
26.8
183.9
9.7
27.3
194.7
9.7
28.9
196.8
9.6
29.4
199.1
9.7
29.7
200.9
9.8
30.6
Private
Military
Government civilian
_.
Supplements to wages and salaries
48.1
2.4
7.4
172.8
10.0
26.1
188.4
9.7
27.9
190.1
9.7
28.5
12.7
14. 1
4.1
4.1
3.9
12.2
12.5
13.0
13.2
13.7
13.9
14.4
14.6
15.3
15.4
15.7
Proprietors' and rental income *
49.4
49.9
12.6
12.7
12.8
48.7
49.6
49.6
49.6
49.3
49.7
50.0
50.7
50.3
50.7
51.3
Business and professional— __
Farm
Rental income of persons
Corporate profits and inventory valuation adjustment
27.3
11.9
10.2
28.0
11.6
10.3
7.1
2.9
2.6
7.2
2.9
2.6
7.3
3.0
2.6
26.7
11.7
10.4
27.3
12.1
10.2
27.6
11.9
10.1
27.8
11.7
10.1
27.7
11.4
10.2
28.0
11.5
10.3
28.2
11.5
10.4
28.3
12.0
10.4
28.4
11.5
10.4
28.7
11.7
10.4
29.1
11.8
10.4
40.7
40.4
10.0
10.6
38.2
39.9
41.6
43.2
40.5
39.1
39.8
42.4
41.2
40.7
42.5
43.0
10.8
10.8
39.4
40.7
43.6
46.1
43.3
42.4
40.8
45.6
43.9
42.0
21.5
21.0
22.0
21.0
5.5
5.3
5.5
5.3
20.0
19.5
20.6
20.1
22.1
21.5
23.4
22.7
22. 1
21.2
21.6
20.7
20.8
19.9
*23.3
22.3
22.4
21.5
21.4
20.5
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax
-1.7
-2.6
-.7
-.3
Q
-1.2
-.9
-2.0
-2.9
-2.8
-3.2
-1.0
-3.2
-2.7
-1.3
-.9
10.9
11.9
3.1
3.2
3.2
10.5
10.7
11.0
11.3
11.5
11.7
12.0
12.3
12.5
12.7
13.0
33.9
36.1
9.4
9.5
9.5
32.9
33.8
34.4
34.5
35.0
35.8
36.6
36.9
37.5
38.0
39.0
305.9
326.9
82.9
85.2
87.3
294.8
303.3
309.4
315.2
325.3
328.7
334.5
337.7
342.8
346.5
35.8
39.7
11.3
11.8
10.6
34.7
35.5
36.2
36.6
38.9
39.5
39.8
40.5
42.2
42.9
43.6
31.5
4.2
35.1
4.6
10.0
1.3
10.3
1.4
9.5
1. 1
30.6
4. 1
31.3
4.2
31.9
4.3
32. 3
4.3
34.4
4.5
35.0
4.5
35.2
4.6
35.8
4.7
37.4
4.9
38.0
4.9
38.6
5.0
Efluals * Disposable personal income
270.2
287.2
71.6
73.4
76.7
260.1
267.8
273.2
278.6
279.6
285.8
288.8
294.0
295.5
299.9
302.9
Less' Personal consumption expenditures
254.4
267.2
65.8
69.7
69.3
247.4
252.1
258. 3
259.9
262. 8
265.0
268.6
272.3
276.7
278. 9
283.6
15.8
20.0
5.8
3.7
7.4
12.7
15.7
14.9
18.7
16.8
20.8
20.3
21.7
18.9
21.0
19.3
Inventory valuation adjustment
Net interest
Addendum: Compensation of general government employees
PERSONAL INCOME
AND ITS DISPOSITION
Personal income
-
-
-
Less' Personal tax and nontax payments
Federal
State and local
Efllial*!* Persona! saving
-
i Includes noncorporate inventory valuation adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
318.5
SURVEY OF CURRENT BUSINESS
November 1957
facturing industries most important in the production of
equipment, since these industries also turn out a wide variety
of other products for United States and foreign markets.
From the second quarter of 1957 to the third, seasonally
adjusted sales by manufacturers of electrical and other machinery were approximately stable; and transportation equipment other than motor vehicles showed a rather marked
expansion which continued through September on a monthly
basis.
VA inspection—although this relationship, like that of starts
to value put in place, is not at all constant over time. The
course of FHA-VA starts (and applications) shown for the
most recent period has reflected sufficient strength in the
FHA portion to outweigh a marked downtrend in that of
the VA.
Business investment high
Little change in inventories
Outlays for nonresidential construction and producers'
durable equipment were steady in the third quarter. Business anticipations for plant and equipment outlays as reported
in late July and early August confirmed previous indications
that the results for 1957 as a whole will show an increase on
the order of 6 percent from last year.
By comparison with 1956, the industrial distribution of
the rise in investment for this year through September has
featured increases in manufacturing, public utilities, and railroads. Investment in nonrail transportation and in mining
has been maintained at about the 1956 rates, and a decline
has occurred in the commercial and miscellaneous group.
Estimates for construction alone, it may be noted, show a
like industrial pattern and a similar overall advance from
last vear on a 9-month basis.
Business inventories have been very nearly stable on the
whole so far this year. At annual rates and measured in
terms of replacement cost, the entire net expansion through
September has amounted to less than $1 billion. The aggregate stock in which this increment has occurred, it may be
noted, is valued at more than $90 billion.
As might be supposed from its relatively small size, the
net change recorded this year has reflected an approximate
balance of upward and downward fluctuations stemming
from conditions in particular lines of business; any broader
tendency to accumulation or to reduction is hard to find.
There has been a net liquidation of iiondurables in trade
since the turn of the year, and the nondurables branch of
manufacturing has moved in the same direction. The move-
Table 2.—Relation of Gross National Product, National Income, and Personal Income, 1955, 1956, and First Three Quarters 1957
[Billions of dollars]
Unadjusted
1955
Gross national product
Less' Capital consumption allowancesIndirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises
1957
1956
I
II
III
I
II
III
IV
I
II
III
IV
I
II
III
391. 7
414.7
104.0
107.8
108.4
379.0
387.7
397.0
402.8
405.2
410.8
416.7
426.0
429.1
434.3
439.*
31.6
32.9
1.3
2.1
34.3
35.0
1.3
1.6
9.0
8.8
.3
— 1.7
9.2
9.2
.3
-.3
9.3
9.4
.3
30.6
31.5
1.3
4.4
31.4
32.8
1.3
1.4
32.0
33.2
1.3
2.3
32.6
34.0
1.3
.1
33.3
311
1.3
1.5
33.9
34.7
1.3
1.3
34.6
35.1
1.3
2.3
35.3
36.1
1.3
1.6
36.1
36.4
1.3
1.6
36.6
36.6
1.3
3.3
37.4
37.1
1.3
.4
1.7
.1
.7
.1
.8
1.0
1.1
1.6
1.4
1.6
311.4
321.5
328.3
334.9
335.8
340.6
344.5
353.3
355.1
358.1
3.4
0
38.2
10.6
.1
39.9
10.8
.5
41.6
11.3
-.6
43.2
11.4
0
40.5
12.0
0
39.1
12.2
0
39.8
12.5
0
42.4
12.8
0
41.2
14.2
0
40.7
14.3
0
14.6
0
5.1
1.8
2.9
.3
4.9
1.5
2.9
.3
15.7
5.2
10.2
1.3
16. 1
5.1
10.4
1.3
16.1
5.2
10.8
1.3
16.2
5.3
12.0
1.3
16.6
5.5
11.7
1.3
17.1
5.7
12.0
1.3
17.4
5.8
12.1
1.3
17.7
5.9
11.5
1.3
18.4
6.0
12.4
1.3
20.0
6.0
12.5
1.3
20.6
6.0
12.6
1.3
85.2
87.3
294.8
303. 3
309.4
315.2
318.5
325.3
328.7
334.5
337.7
342.8
346.5
.2
1.1
.2
.4
343.6
87.7
89.8
Less: Corporate profits and inventory valuation
adjustment
_ ._
___
Contributions for social insurance
Excess of wage accruals over disbursements. _ _
40.7
11.0
0
40.4
12.4
0
10.0
4.1
0
10.6
4.1
0
Plus: Government transfer payments
Net interest paid by government
Dividends
Business transfer payments.,-
16. 1
5.2
11.0
1.3
17.2
5.7
11.9
1.3
4.8
1.3
3.0
.3
305.9
326.9
82.9
Equals: Personal income_
1955
1957
1956
324.1
Equals: National income
Seasonally adjusted at annual rates
.0
Source: U. S. Department of Commerce, Office of Business Economics.
When the third quarter is compared with the second, a
variety of minor and mutually offsetting shifts appear within
the stable total of fixed investment. In the case of railroads,
seasonally adjusted plant and equipment spending reached a
high during the summer which was scheduled to represent
the quarterly peak for the year in this industry. Utility
company outlays were also larger in the summer quarter,
continuing a marked uptrend initiated in mid-1956 and expected to persist through 1957. These gains after midyear
balanced the declining investment of the commercial group.
Construction activity in these three broad industrial categories exhibited corresponding movements from the second
quarter to the third.
The quarterly course of expenditures on producers' durables does not always accord with sales trends in the manu-
ments in the aggregates seem to have reflected the overall
course of stocks of apparel and tobacco, and of some holdings
of foods, in particular; these are areas where increases in
consumer buying have been noted above. The direction of
inventory change in them has not been uniform from
quarter to quarter or from one level of distribution to the
next, however; and has been sometimes in conformity and
sometimes in contrast w^ith the net balance of changes in
other product lines.
The latest monthly data, covering September, show nondurables inventories down somewhat in manufacturing and
stable in trade.
In apparent contrast is the record for durables: The firstquarter dip in trade stocks has been more than made up7
since last spring, and the 1956 buildup of manufacturers
SUEVEY OF CURRENT BUSINESS
8
stocks continued, though on a greatly reduced scale, in 1957.
During the first half, book value increases at the manufacturing level centered largely in nonauto transportation
equipment, machinery other than electrical, and primary
metals. In the third quarter expansion tapered in all but
the last-mentioned of these lines. September data for
durables manufacturing show a pattern not much different
in net effect from that recorded in August.
In trade, stocks of autos and nonauto durables alike have
expanded moderately since midyear. The policy of the
auto companies to provide high stocks for the changeover
period has been an important influence.
Government Demand
Total purchases by all government agencies remained
near the $87 billion annual rate reached in the spring. At an
average rate of $86% billion for the calendar year through
September, such purchases were up 9 percent from the same
period of 1956. Recent changes are reviewed below in terms
of a four-way breakdown, the relative magnitude of each
part in 1957 to date being as follows:
Government purchases of goods and services
National defense programs. _
Other Federal purchases
Percent
100
50
8
State and local construction.
13
Other State and local purchases
29
The expansion of defense and total purchases by the
Federal Government was checked this summer, after a
series of quarterly advances averaging over $1 billion at
annual rates during the preceding fiscal year. State and
local government outlays, which have been rising $% billion
or more in each quarter, continued to expand at close to
this annual rate, after approximate allowance for seasonal
variation.
Federal expenditures
Outlays for national defense have risen from rates around
$39 billion a year and a half ago to $44 billion last spring
and summer. A limited contraction is indicated to have
taken place in the third quarter. Federal purchases other
November 1957
than for defense have held stable in recent quarters at a
$7 billion annual rate. This figure includes roundly $2 billion for foreign economic assistance and the conduct of
foreign affairs and $5 billion for the general administrative functions of government and the farm price-support
programs.
All these sums represent purchases of currently produced
goods and services, which are included in the gross national
product. Old-age benefits and other transfer payments are
excluded. Owing largely to previous statutory changes, the
total of such transfers rose in the second quarter to a $16
billion annual rate—up $1% billion over the first—and maintained this rate during the summer, contributing to the rise
in personal income as noted above. Also excluded above are
net interest payments now amounting to $5K billion, subsidies (including operating losses realized by the CCC, Post
Office Department and some of the other business-type
agencies) at $3K billion, and a similar amount in grants-maid to State and local governments. Of these three, only
the last has shown any important change during 1957: It
rose a half-billion dollars in annual rate after midyear as
highway and public assistance payments increased.
State and local government purchases
Purchases by State and local governments in the third
quarter reached an annual rate of $36 billion, close to $%
billion higher than in the spring and nearly $3 billion more
than in the same period a year earlier.
The gradual advance in State and local spending for construction was checked temporarily in July, following a strike
in the cement industry, and the seasonally adjusted total
was off fractionally for the summer quarter as a whole. The
basic uptrend in the total of such outlays is expected to
persist, however, as the federally financed road program
moves into high gear and moderate further increases occur
in school and other building activity.
Total compensation of State and local employees, which
has likewise shown a rising trend in recent years, moved up
again in the summer quarter. The advance, which seems to
have been a little sharper than those in most other recent
quarters, reflected gains in seasonally adjusted employment
as well as somewhat higher pay rates. Other spending by
State and local governments was substantially unchanged
from the second quarter to the third.
by Lawrence Bridge and Francis L. Hirt
Crosscurrents in
Production and Consumption
J_ HUS FAR in 1957 the national economy has produced
a record volume of goods and services. While services
have advanced steadily since 1955, output of goods showed
a minor further rise in 1956 to a 1957 plateau. Nondurables
have continued to set new records, while durable goods and
construction have shown slight declines in volume.
The advance in production of manufactured goods, which
started in mid-1954, also reached a high point in late 1956.
As in most earlier recoveries following declines, the later
peak surpassed the earlier—-in this case by about 7 percent;
the increase from the recession low in mid-1954 amounted to
20 percent. Durables and nondurables contributed about
equally to the relative change between mid-1953 and late
1956, although the trough was deeper for the durables.
Total factory production this year has been quite well
maintained, being off only 3 percent from last December's
high. The change is attributable entirely to durables;
nondurable goods output in September and October was at
a new high. From an overall point of view, final demand for
manufactures has probably not been lowered at all since
last December as the easing in output reflects the reduced
channeling of goods into inventories.
While consumers' expenditures have been keeping pace
with the rise in income, demand for particular commodities
has been far from uniform. The markets for food, drugs,
motor fuel, and shoes evidence a steady rise, while the output
of clothing and cigarettes has recently improved following
rather stable periods in 1954 and 1955.
Machinery Sales and New Orders
Current movements reflect leveling in
business demand
BILLION DOLLARS
OTHER MACHINERY
Divergent forces of demand
Within the relatively stable aggregate, many important
industrial products have undergone sizable reduction while
others show continued growth. The differential trends are,
of course? attributable to the varied patterns of demand in
the economy. Some of these demand forces are currently
evidencing changes in intensity and, in some cases, in
direction.
Most industries have been affected by the change to a
more cautious inventory policy and now the leveling of
business capital outlays is having a direct impact. Producers7 sales of industrial, commercial, construction and
mining machinery have eased in recent months following
sharp increases since late 1954 (see chart).
The flow of new machinery business has not matched sales
since the beginning of this year, and inroads have been made
into the large backlogs of unfilled orders. The reduction in
backlogs has been more sizable in industrial machinery (and
particularly for machine tools); the growth in office machinery technology and the recent improvement in demand for
agricultural implements have provided some offsets in the
case of nonindustrial machinery firms.
The record shipments by producers of generating and
transmission equipment reflect to an important extent the
current large expansion programs of electric utilities. Outstanding orders have risen steadily since mid-1955 as new
orders exceeded shipments.
NOTE—MR. BRIDGE IS ACTING CHIEF OF THE BUSINESS STRUCTURE
DIVISION AND MR. HIRT A MEMBER OF THE CURRENT BUSINESS ANALYSIS DIVISION.
446262—57
2
4
-
3
-
I
1952
1953
1954
I
1955
I
I
1956
I
I
I
I
1957
r
I
I
l
I
l
1958
TOTAL FOR QUARTER, SEASONALLY ADJUSTED
U. S. Department of Commerce, Office of Business Economics
57-29-4
9
10
SUEVEY OF CURRENT BUSINESS
Demand for consumer durables has undergone sizable
fluctuations, with production of most major types below the
1955 highs. The comparative weakness in furniture and
some appliances earlier in 1957 has in part resulted from the
reduced activity in housing construction. New car purchases, which generally lagged year-earlier rates through
this July, have done better recently and thus far in 1957
have approximated the number sold a year ago.
Department of Defense purchases, which in the 3rd quarter
were at record peacetime rates, are being adjusted downward
through the elimination of some items and the lengthening of
scheduled deliveries for other products. While these cutbacks
affect a large number of commodities—ranging from food and
clothing to ordnance and electronics—the major impact is
on the aircraft industry. Aircraft output has fallen 11
percent since the spring, though it is still higher than in any
nonwar period prior to 1957.
To sum up, significant changes are taking place in the
markets for many important products within a framework of
high overall activity where movements in industrial output
for several months are attributable almost entirely to
seasonal influences. As in several previous periods since
the end of World War II, aggregate output has thus far
benefited from the lack of coincidental timing in the peaks
and troughs of the various demands both within the private
economy and between private and Government purchasing.
Order backlogs off
The backlog of manufacturers' unfilled orders has fallen
steadily from the recent high at the end of 1956. Declines
have occurred in all major durable-goods industries except
electrical machinery, although producers of defense goods
have been most affected.
November 1J).">7
Recent employment changes
Nonagricultural employment in October was slightly
higher than a year ago with increases in employment in all
major areas except manufacturing, construction and transportation. Manufacturing employment has been curtailed
by almost one-half million, or 3 percent. Within manufacturing there is a large and still growing demand for personnel
other than those directly engaged in production and related
activities. With increasing emphasis on management, research and development, and distribution, employment in
"indirect" manufacturing activities has risen 100,000 since
a year ago, and about 600,000 over the past 5 years. Production workers are currently almost 600,000 and 800,000
lower, respectively, than in these earlier periods.
Among the major manufacturing industries, production
worker employment is higher than a year ago only in the
paper, printing, and publishing groups. Minor reductions
are reported in transportation equipment, furniture, petroleum, tobacco, and leather, while more appreciable employment declines occurred in other major industries. In more
recent months, layoffs have been most frequent in aircraft
and household appliance plants.
The year 1957 has also witnessed a record investment by
manufacturers—expenditures which have resulted in a large
addition of highly efficient capacity. The accompanying
slippage in employment and a small reduction in the length
of workweek have resulted in a reduction in capacity utilization. While the release of pressure has been welcome in
some areas where operations have been uncomfortably close
to capacity, in others the search for markets has been intensified. Unused capacity also relieves pressures on industrial
prices through lowering of costs by reductions of overtime
paid for at penalty rates, while the greater efficiency of the
new additions to capital stock has provided some offset to
generally rising labor costs.
The Output of Selected Commodities
To evaluate the diverse patterns in output and to bringout the areas of strength and weakness, it is necessary to
evaluate the current position—both cyclically arid secularly—
of a wide range of commodities. Table 3 presents data for
about 150 products—where information is available—indicating production in the highest postwar year and in 1956,
and the relative changes
from these periods to the current
rate of operations,1
Before discussion of the individual products, it may be
worthwhile from the standpoint of perspective to review
briefly the current position of the major economic classes of
manufactured goods. October production by the durable
goods group, after seasonal adjustment, was 7 percent below
last December's alltime high, while nondurables output was
at a record rate.
iThe products in this table represent perhaps two-thirds of manufacturing activity. While
all
majo>r industries
»u u-uijui
iiiviu.Gti.ie:> are
cue at
ut least partially
yai uaiiy uuvtneu,
covered, suiiie
some aieas—ptu
areas—particularly
iiuuituiy military
111111
hard
ivailability o_,.
of physical
goods and machinery and equipment—are underrepresented due to unavailability
„
TOlume data. The discussions of developments in these areas therefore frequently rely on
value estimates.
Record buying of nondurable goods is mirrored in the high
current rate of production for the consumers'
market.
September-October output of consumers7 durable goods was
higher than a year earlier but still more than 10 percent
below the 1955 peak.
The accompanying chart shows also that production of
investment goods—us measured by machinery, instruments
and selected construction materials—is currently quite strong.
From the point of view of overall investment or of business
purchases of capital goods, the influence of lower inventory
accumulation by capital goods producers this year as compared to last should not be overlooked.
The reduction from the very high rate reached last spring
in output of transportation equipment other than motor
vehicles is due to adjustments in aircraft programs. Freightcar shipments have been stable in recent months following a
rise of some 50 percent from 1956; civilian aircraft are being
produced in near record numbers; and shipbuilding activity
has been rising sharply from its low rates of recent years.
November 1957
SURVEY OF CUREENT BUSINESS
The dispersion of output
Table 3 illustrates the wide dispersion in recent commodity output trends. The column denoting the year in
which individual commodities reached their highest postwar
production rate clearly shows the lack of coincidental timing
in cycle peaks.
This is not to say that these peaks were evenly distributed
over the past 12 years. In 1957, output of more than onefourth of the commodities was above previous highs—a not
surprising result in view of the high rate of total output.
An additional one-fourth of the commodities had highs in
1956 and another one-eighth in 1955. In each of the major
classes of commodities—consumers' goods, investment goods,
and intermediate products—-more than 50 percent of the
listed items experienced peak production rates in the 1955-57
period.
In terms of output changes, the picture this year, as in
1956, is quite mixed with output gains and losses being fairly
evenly distributed by both number and value of products.
As can be seen in table 1, output of almost one-fifth of the
selected commodities was unchanged from the third quarter
of 1956 to the same quarter of this year; the remainder were
almost equally divided between those being produced in
greater quantities than a year ago and those where output
has been curtailed. The increases and decreases were also
about equal in number between the third quarter of 1955
and the third quarter of last year.
By major classes of commodities, the increases over the
past year were relatively most numerous in nondurable
manufactures awaiting further processing—for chemicals
and leather in particular. Among industrial hard goods,
declines in output were more frequent than increases. This
was also true for items of producers' durable equipment and
construction materials, while consumer goods were more
evenly distributed between output gains and losses.
11
was subject to large year-to-year fluctuations, ranging from
4.3 million, the low point in the Korean period, to a peak of
7.9 million units in 1955. Both production and sales in
1956 were substantially below the record performance of
1955.
Automobile output rose in late 1956 and early 1957 with
the introduction of the 1957 models. The rise was quite
sharp and brought output to a point about equal to the 1953
peak—though still well below 1955.7
Following a rapid rise in dealers inventories, automobile
assemblies were reduced this spring. Factory sales through
October totaled 5 million, around 350,000 cars more than in
the same months of 1956. Retail sales of new automobiles
in the same periods were almost identical. A small deficiency
in sales in the first half of this year was offset by an improved
third quarter volume as dealers intensified their drive to
work off the large stock of 1957 model cars. Production
for the full year 1957 will likely be higher than in all years
except 1950, 1953, and 1955, though the final sales performance as compared with 1956 still hinges on performance
in the final 2 months.
Household durable goods
The market for major household goods during the past 10
years has been greatly expanded by the addition of new products, a factor which has stimulated and helped to sustain
overall output of consumer hard goods at a high rate. In
terms of final retail value, manufacturers' sales of six major
items introduced in volume for the first time after World
War II—television sets, air conditioners, freezers, dryers,
dishwashers, food disposers—amounted to $2.8 billion in
1956, or about two-fifths of aggregate consumption expenditures for household equipment, radio and television.
Steady expansion of new products
The Market for Consumer Goods
The consumer market constitutes the largest segment, with
purchases of goods currently at an annual rate of $177
billion, or close to three-fourths of the total output of goods.
This market has generally shown strong growth in the period
since World War II. The increase over the past 10 years is
almost one-third in real terms.
Aggregate production of consumer goods advanced in all
years from 1947 to 1955, with the exception of 1949, 1951
and 1954. In 1949 and 1954, the decreases reflected minor
recessions in business activity accompanied by the lowering
of inventories. The recessions in both periods were short,
affecting quarters of 2 years. When averaged out on an
annual basis, consumption expenditures for goods in real
terms did not decline in either year. The 1951 interruption
was moderate, occurring during the Korean period when
limitations on the use of metal restricted the output of
important hard-goods lines, particularly automobiles.
In 1956 and 1957, output has been relatively steady at
the high 1955 rate although final demand in real terms has
continued upward. The stability in output is attributable
to rising consumer nondurable-goods production. The aggregate output of consumer durable goods peaked in 1955 and
then declined sharply to a point well below its earlier high.
Passenger car output
After the war, automobile assemblies moved steadily
upward through 1950 when completions reached a record
6.7 million units. In the subsequent 6-year period, output
As might be expected, the relatively newer products
showed the strongest growth trends in the past decade, but
of the major appliances only air conditioners and dryers
registered continuous year-to-year production gains. Most
of these newer products hit output peaks in 1956 but, on
Table 1.—Output Trends and Peaks: Dispersion of 153 Commodities
(Percent of commodities)
Consumer goods
Producers' Industrial materials
durables
and construction Total Dur- NonTotal Total Dur- Nonable durable materials
able durable
Output in 1957 third quarter relative to 1956 third quarter
Higher.
Unchanged
Lower
_
39
18
44
34
26
41
41
18
41
28
31
41
37
11
52
45
15
40
38
8
54
48
18
35
27
9
64
46
17
37
Output in 1956 third quarter relative to 1955 third quarter
Higher__
Unchanged
Lower
_ __ .__
46
8
46
58
5
36
48
9
44
66
3
31
36
2
62
42
15
42
Distribution by year of postwar high
1957-
27
26
18
31
20
34
8
42
1956
23
24
27
22
15
30
38
28
1955
13
7
14
3
28
6
15
2
1946-54
37
43
41
44
37
30
38
28
Source: U. S. Department of Commerce, Office of Business Economics.
12
SUEVEY OF CUKEENT BUSINESS
the basis of available data, moderate declines are indicated
this year in comparison with the year 1956.
The demand for room air conditioners, after a slow start,
picked up spectacularly after 1952. From 380,000 units
in that year, sales climbed to 1.8 million in 1956, almost a
fivefold increase. The expansion in clothes dryers was also
very impressive, from 58,000 in 1947 to nearly 1.7 million
units in 1956, almost 20 percent more than in 1955. Sales
of the newly developed combination washer-dryer are growing
rapidly with output so far in 1957 nearly double the year-ago
volume.
Television receivers and freezers represent two of the postwar products of continuing high sales which appear to have
shown little or no growth in recent years. To a large extent
the experience of the former product is explainable by the
rapidity-with which a high degree of market saturation was
obtained. Freezer sales have been maintained around the 1
million mark for the past 6 years. Television set production
ranged between 7.2 million and 7.8 million units per year for
the past 4 years. Output last year totaled 7.4 million and,
judging by the first 9 months, will fall well below 7 million
this year.
Production of picture tubes for television receivers, however, has shown an almost uninterrupted rise reflecting an
increasing replacement market which now accounts for
nearly one-fourth of total output as against 6 percent in 1949.
Public acceptance of portable television sets has resulted in
a large increase in output of 17-inch and smaller tubes; this
has been offset by the reduced sales of the larger size tubes.
Among the well-established lines—refrigerators, washing
machines, vacuum cleaners, electric ranges, water heaters,
and radios—production trends have been mixed. In general,
output of these products reached an early postwar peak in
1948, declined in 1949, and then rose sharply to a new peak
in 1950 under the stimulus of war-scare buying. Production
in the following 6 years, while still relatively high, remained
well below the record volume of 1950.
A notable exception, however, is washing machines which
after a lull during the Korean period advanced steadily to
successive highs in 1955 and 1956, with output in the
latter year up 7 percent from 1955. In the first 9 months
of 1957, however, the production of nearly 2.9 million
washers, excluding combination washer-dryers, was 16
percent below the same months of 1956.
Production trends of major durable goods in 1957 as compared with 1956 have thus been mixed, with considerably
more items registering decreases than increases. Radios,
electronic-phonographs, and combination washer-dryers
were outstanding in the latter category, while output of
electric ranges, refrigerators, and waste disposers has declined 15 percent or more.
November 1957
line is the preparation of complete luncheons and dinners
in one package for mass serving by schools, factories, and
airlines.
Manufacturing Production Has
Been Steady Since Last Spring
> Nondurables strong
> Durables off from recent highs
8NDEX, 1947-49=100
NONDURABLES
CONSUMER NONDURABLES
I
,
I,
^TRANSPORTATION EQUIPMENT
OTHER THAN AUTOS
320
300
280
260
Steady growth in nondurable^
Consumer nondurable goods ouput—which account for
three-fourths of all types of consumer goods—have increased much less rapidly, although more continuously,
than output of other manufactures.
Demand for food, shoes, motor fuel and, until recent
years, cigarettes has been fairly consistently upward over
the past 10 years. A postwar feature of food production
has been the fast growth of some new types of food lines such
as frozen foods and instant coffee. While alternate items,
these new lines require considerably more processing than the
foods they replace. Total frozen food output—fruit juices,
vegetables, meat, and others—expanded from 1 billion
pounds in 1947 to approximately 5 billion pounds in 1956.
A further and more recent development in the frozen food
MACHINERY AND
INSTRUMENTS
180 |—
160
140
120
CONSTRUCTION
MATERIALS
100
80
1952
1953
1954
1955
SEASONALLY
1956
1957
1958
ADJUSTED
Basic Data: FR8
U. S. Department of Commerce, Office of Business Economics
57-29-5
November 1957
SURVEY OF CURRENT BUSINESS
Although available for many years, margarine in a more
acceptable form has been showing all the growth characteristics of a new product. The growth in the more staple
items such as meats and cereals has been slow but steady.
Supplies of motor fuel over the entire postwar period
have expanded in about the same proportion as the increase
in the number of cars on the highways, or approximately
double. In more recent years, there has also been an increase
in motor fuel use per car.
In the case of cigarettes, the long-term growth trend was
broken in 1953 and 1954, but there was a production advance in 1955 and 1956. A further rise to a new high is
indicated on the basis of 9 months' data. A feature here
has been the development of filter and king-size cigarettes,
and the introduction of many new brands with a resultant
decline in the share of the market going to the top 3 or 4
brands.
Apparel production at high rate
Over the years, clothing production has been the most
volatile of the soft-goods lines. Nevertheless, the general
trend has been upward with 1955 output representing the peak
year. Production in 1956 was almost as large and indications
are that the flow in 1957 will show little change.
Changing styles coupled with the tendency in recent years
toward casual, and perhaps less costly, dress resulted in
sharply diverse movements among the major apparel lines.
For example, output of dresses and coats for women moved
generally upward during the entire period since 1947 while
women's suits have been declining in volume for the past
5 years. Last year, cuttings of women's suits were 8 percent below 1947 and more than one-fourth under the top
volume of 1951. In men's wear, cuttings of suits and overcoats are well below 1947, while separate trousers for dress
and sports wear have nearly doubled.
The Market for Producers9 Goods
The demand by business for new machinery and equipment has been high since the end of World War II as business
met the requirements of expanded markets, advanced its
technology, and countered rising costs. As a proportion of
gross national product in real terms (constant dollars),
producers' equipment expenditures in this period ranged
from 5.6 to 7.2 percent. In an earlier high position—1929—
it was 5.7 percent. There have been, however, several
major surges of investment, with each surge finding different
industries setting the pace with changing emphasis on different types of equipment.
In the case of the railroads, for example, there have been
wide swings in investment both in aggregate and in the
distribution of investment between the two major equipment
items: freight cars and diesel-electric locomotives. The
output of freight cars was quite high through the first half
of 1949, fell sharply during the following 12 months, and
then rose sizably throughout the period of Korean hostilities. As traffic deteriorated and net income dropped in
1954, deliveries fell back below the 1950 level and continued low through 1955.
With traffic and income improving and with the stimulation of the defense tax amortization program, the output of
freight cars rose rapidly in 1956 and again this year. Current
shipments are close to 9,000 units a month, higher than in
any previous year except 1948, when the monthly average
was almost 9,600 cars. New orders in the first 8 months
1957 were well above the corresponding period of 1956,
Digitizedof
for FRASER
13
although September's bookings fell below the preceding
September. Incoming orders, however, have not matched
the high volume of shipments, and unfilled orders have
declined steadily since the beginning of 1956 to their present
figure of about 73,000 cars.
Unlike freight cars, the postwar demand for dieselelectric locomotives was only to a minor extent dependent
on cyclical factors. Here, the railroads embarked on a
program to replace their steam locomotives where feasible
by the relatively new and more efficient diesel-electries.
Installations rose rapidly and continuously between 1946
and 1951, when a record of about 3,500 power units was
reached. Installations, while declining, continued relatively
high in 1952 and 1953.
By 1953, the railroads had completed most of their
dieselization program and the steam locomotive accounted
for only one-third of the number of locomotives in service.
Installations of diesels since 1953 have therefore dropped
back. Output in 1956 and thus far in 1957 has been running
at a rate of about 1,400 units, well above 1954 and 1955.
These locomotives now account for seven-eighths of all
tractive effort used by the railroads.
Other transportation equipment
Trucks and civilian aircraft have followed completely different production trends since the end of World War II—
although both trucking and air transportation have been
showing rapid growth. Truck production rose rapidly in the
early postwar period and reached a peak of 1.4 million units
in 1951. Since then, output of trucks has fluctuated within
a range of 1.0 to 1.2 million.
The output of civilian planes has fluctuated widely. Production was very high in 1946 and 1947. In the former year,
over 25 million pounds of airframe weight and 6% million
horsepower of aircraft engines were produced. Most of this
output was light personal and business planes, however;
and with a limited demand for this type of aircraft production fell rapidly after the wartime backlog to a low of 5
million pounds of airframe in 1951.
The steadier growth in requirements for civilian transport
planes has since asserted itself and output of civilian aircraft has moved upward since 1951. Both 1956 and 1957
have shown successive sizable gains; this year's output of
aircraft engines is at an all time high, while assemblies of
aircraft in terms of airframe weight will come close fco Itfce
high 1946 volume. The industry is undergoing a change ion
emphasis from conventional piston-type planes to jet and
turbojet transport planes. Domestic airlines alone have
placed orders of more than $2 billion for these newer types
of aircraft.
The industrial machinery market
Activity among producers of industrial machinery lias been
generally hi^rh throughout the postwar period, reflecting the
large pervasive investment programs which, in the aggregate,,
have increased manufacturing capacity by perhaps twothirds since 1947. The trend in investment had not been
even among the various manufacturing industries, however—
and this had resulted in different rates of growth among
the special industry machinery groups in the 1947-55 period.
With the 30 percent increase in manufacturers' investment
in new facilities in 1956, output of virtually all producers
of industrial machinery and equipment rose to near-capacity
rates. Capital outlays by manufacturers in 1957 are sched-
SUKVEY OF CURRENT BUSINESS
14
November 1957
uled at 8 percent above the record 1956 rate. Within 1957,
however, expenditures have leveled out—and the output of
machinery companies is evidencing mixed trends. Second
quarter shipments of metalworking producers were some 6
percent above the corresponding period of 1956, with the
increase confined to metal-cutting7 tools. In August and
September machine tool builders sales were somewhat
below a year earlier, new orders were off sharply, and outstanding orders had been reduced to 3.7 months of sales, as
compared to 7.7 months a year ago.
down purchased materials inventories which had been
generally accumulated in 1955 and 1956. This was particularly true in the case of metals.
The magnitude of the increase in capacity represented by
the postwar capital boom may be appreciated from the data
on the enlarged facilities for a selected group of materials
shown in table 2. In some cases such as aluminum, synthetic rubber, and ammonia, capacity in the past 10 years
doubled, while in others such as steel, cement, paper and
paperboard, the expansion exceeded 50 percent.
Demand for farm equipment
Steel output eases in 1957
The course of farmers' expenditures for capital goods
since 1951 has diverged considerably from that of nonagricultural fixed investment. Outlays for agricultural
equipment reached a high point in 1951, the year of peak
farm income, and then fell steadily.
Farm prices reached their recent low in early 1956,
steadied in the later months of that year, and are currently
somewhat above a year ago. Equipment expenditures have
shown a similar performance: Current outlays are moderately
above the 1956 low point. Shipments of wheel-type tractors
(excluding contractor's off-highway wheel-type) totaled
223,000 in 1956, a decline of almost three-fifths from the 1951
high. The current rate, which is only slightly above that of
1956, is about equal to the prewar highs of 1937 and 1940.
The trend in output of track-laying tractors has been quite
different, reflecting the long sustained high rate of construction activity. Shipments since 1948 have ranged from
40,000 to almost 55,000 units (in 1956)—as compared to a
prewar high of 30,000 in 1937. In the first 6 months of this
year, shipments were about one-fifth below the same period
of 1956. The decline in sales of other construction machinery
has been more moderate.
Over the last 10 years, the steel industry has maintained
operations at a high rate, averaging roughly 90 percent of
capacity. This compares with an average of 76 percent in
the relatively prosperous years of the twenties. In the 5-year
period 1953 to 1957 (the current ysax being partly estimated), nearly 550 million tons of steel have been produced—
an average of 110 million tons per year, as compared to an
average of 92 million tons in the previous 5 years, and about
65 million tons in 1929 and 1940.
Within this period there have been significant shifts in
importance among the various types of steel. According to
American Iron and Steel Institute figures, for example, relative demand for sheets and strip and for pipe and tube
(influenced importantly by the automobile and pipeline
industries) has increased and together accounted for almost
one-half of total finished steel shipments in 1956, as against
less than two-fifths 10 years earlier. The proportions of rails
and wire products, on the other hand, have declined sizably.
A significant reduction in steel output occurred in the
second quarter of 1957 following a long period of close to
capacity operations. This year began with mill operations
at 97 to 98 percent of the rated capacity of 133/2 million tons.
The rate fell steadily to 79 percent in July, recovered somewhat in August and September, and then declined again to
Defense procurement
Lowered rates of procurement are scheduled during the
current fiscal year for military goods by the Department of
Defense. The defense program will continue, however, to
provide a relatively well-sustained high demand for manufactured goods. The largest cutback under present schedules is in aircraft and related products, and backlogs of orders
for United States military account have been declining. In
mid-1957, such outstanding unfilled orders of the aircraft
industry totaled $10% billion, about $1 billion lower than a
year earlier and $6% billion below the Korean high. When
civilian and foreign orders on hand are taken into account,
however, backlogs have declined only moderately over the
past year, and are $2% billion below 1953.
Over the past year, expenditures for ammunition, support
vehicles and some subsistence items have fallen, while increases have occurred in othe categories.
The Market for Industrial Materials
Aggregate output of industrial materials declined slightly
in the first half of 1957 from the record October-December
1956 rate, and partially recovered this summer. The reduction was rather widespread and included such key products as
steel, lumber, and crude petroleum.
On the consumption side, overall use of materials has been
http://fraser.stlouisfed.org/
better maintained as users in many cases have been drawing
Federal Reserve Bank of St. Louis
Table 2.—Capacity of Selected Basic Materials, 1947-58
Product
Indicated capacity as of Jan. 1—
Unit of measure
1950
1947
Steel ingots and steel for
castings.
Pig iron
Aluminum
Copper refinery, electrolytic.
Magnesium- __ _
.
Cement. _
Synthetic rubber
Petroleum refining
.
Paper and paperboard
Woodpulp
Sulfuric acid
Chlorine gas
Ammonia NH3 basis
Methanol, synthetic
High purity oxygen
- __
Rayon and acetate 5
Noncellulosic fibers 5 - -
1953
1957
1958
99, 393 102, 678 133, 459
141, 000
79,380
1,250
1,647
86, 818
1,700
1,726
n. a.
1,850
n. a.
127
136
133
241, 622 258, 948 284,000 349, 442
Thous. bbls
Thous. Ig. tons
750
1,460
840
1,050
9,124
Thous. bbls. daily
5,569
6,696
7,639
average.
22, 025 25, 048 27, 854 32, 579
Thous. sh. tons
2 12, 789 2 16, 167 19, 497 25, 156
Thous. sh. tons
381, 136
1,650
9,380
Thous. sh. tons.-_ 91, 241
Thous. sh. tons
Thous. sh. tons
Thous. sh. tons
Thous. sh. tons
Thous. sh. tons
Thous. sh. tons
Thous. sh. tons
Mil. gal
Mil. cu. ft
Mil. Ibs
Mil. Ibs -
65, 709 i 71, 560
750
720
1,585
1,557
122
116
4
3
10, 575 13, 400
3 1, 447 * 2, 190
3 1,117 * 1, 700
382
* 174
3 13, 793 * 23, 870
n. a.
n. a.
n. a.
226
n. a.
19, 500
4,000
4,500
257
45, 031
1,196
n. a.
1, 519
319
1,529
615
891
n. a.
35, 428
27, 936
n.
n.
n.
n.
n.
a.
a.
a.
a.
a.
1,651
817
n. a. Not available.
1. Average annual capacity as of Jan. 1 and July 1.
2. For year.
3. Represents production.
4. As of Jan. 1, 1951.
5. As of November of previous year shown, except 1958 which is March.
Sources: Steel and pig iron, American Iron and Steel Institute; aluminum and magnesium,
rubber, paper, and chemical products, U. S. Department of Commerce, Business and Defense
Services Administration; copper, American Bureau of Metal Statistics; cement and petroleum, U. S. Department of the Interior, Bureau of Mines; woodpulp, U. S. Pulp Producers'
Association, Inc.; fibers, Textile Organon.
November 1957
SURVEY OF CURRENT BUSINESS
15
77 percent by mid-November. Output in October 1957,
at 9.2 million short tons, was down 17 percent from the
record volume a year earlier.
This year's shipments of steel products to the metal consuming industries show a similar reduction. The magnitude
of the decline when considered in relation to the high rate
of activity in the metal-fabricating industries, which consume
roughly four-fifths of the total available domestic supply,
suggests that consumers have been liquidating substantial
amounts of steel inventories.
fabricated structural steel—where production gains ranged
from 3 percent for plywood to 17 percent for fabricated
structural steel. In the case of structural steel—used
primarily in heavy construction such as bridges, factory,
office and warehouse buildings—shipments have been maintained at record rates but new demand has fallen in recent
months. Ordering in the May-September period has averaged less than three-fourths of the high January-April rate,
and backlogs, while still large, have been reduced by 12
percent since the end of 1956.
Nonferrous metals undergoing readjustment
Chemicals and paper strong., textiles down
Aggregate supplies of nonferrous metals so far in 1957
have continued large as domestic production as well as imports, which account for an important proportion of domestic
supplies, have been maintained close to the 1956 volume.
As in the case of steel, the maintenance of overall consumption of nonferrous metals in the face of an appreciable decline
in shipments to consumers in 1957 resulted in significant
reductions in fabricators' inventories.
Despite sizable sales to Government under contract agreements, refiners' stocks of nonferrous metals, which had been
increasing in the last half of 1956, expanded further in
1957. For copper, such stocks increased from 36,000
tons at the end of June 1956 to 119,000 tons in August
of this year. An even higher relative buildup occurred in
aluminum, while zinc stocks in producers' hands more than
doubled over this period.
In response to this demand and inventory situation, as
well as a weakening in world prices, producers of copper,
lead and zinc began to cut operations noticeably in June.
Refined copper output in the third quarter was one-sixth
below the average of the first half of 1957.
In the case of aluminum, production in most months has
been running below the record volume of last year. Due to
the strike loss in August 1956, however, aluminum output
for the first 9 months of this year is as high as a year ago.
Supplies have been expanded by an increase in imports,
chiefly from Canada under long-term commitments.
Developments in nonferrous metals in the postwar years
include a rapid expansion in production and consumption of
aluminum and comparatively minor changes in copper, lead,
and zinc. Output of aluminum rose nearly threefold, from
less than 600,000 tons in 1947 to about 1.7 million tons in
1956 with most of the rise occurring since 1952. During the
same period, producers of refined copper and slab
zinc from domestic and foreign ores increased output by about
one-fourth and lead showed little change.
The chemical industry is now operating at a higher rate
than ever before, while producers of paper and board boosted
output to near-record rates in August and September,
following a moderate dip in the first half of the year. These
two industries have shown exceptionally strong growth
trends in the postwar period, registering the largest relative
increases among the major materials-producing industry
groups.
The higher rate of activity in chemical production this
year as compared with 1956 stems largely from continued
increases in both inorganic and organic industrial chemicals,
the latter including many of the plastics materials which
have shown exceptional growth in the past decade. In
paperboard, which has wide industrial uses for packaging,
both production and new orders in August and September
were higher this year than in 1956 and this favorable trend
has continued in October.
Despite the well maintained demand for apparel, the
textile industry has continued to operate under conditions
of lowered demand. Output, except for only minor intermediate recoveries, has shown a downward trend since early
1956. Seasonally adjusted activity in the July-October
1957 period, the lowest since midsummer 1954, was down
10 percent from the recent high in the first quarter of 1956,
though most of the reduction occurred before the end of that
year. All segments of the industry, from mill consumption
of raw cotton and wool to finished fabrics, shared in the
decline.
A notable exception is the newer noncellulosic fibers—
nylon, orlon, and others—where output has been moving up
steadily. Production so far this year is about one-third
higher than a year ago. These relatively new products now
account for over one-third of the total output of manmade
fibers; as recently as 1954, the proportion was less than
one-fourth.
Production of textile-mill products from 1947 to 1956 has
shown the smallest relative increase among the major
manufacturing groups. In only one year, 1951, when output
was stimulated by defense orders, did the production index
exceed 110 percent of the 1947-49 base period and then
only by one index point. The average index for the entire
10-year span was 103.
Construction materials down
The lower rate of residential building this year has been
reflected in a reduced volume of output of construction materials. Production of these products began to fall from
generally record rates in the latter part of 1956, leveled
off in the early months of this year and then showed some
improvement since last spring. The declines were widespread and particularly large in hardwood flooring and
doors, asphalt roofing, insulating boards, warm air furnaces,
water closets, and bathtubs. Lumber and cement mills
also turned out a smaller volume this year, but much of
the reduction in cement output was traceable to this summer's
work stoppage.
Exceptions to the general downward trend occurred in
softwood
plywood, paint, concrete reinforcing bars, and
Summary note
Differential movements in sales and production of individual commodities are a usual condition in a dynamic
economy, and it is not these differences that determine the
general trend. The answer to future movements, if such
can be derived, must be sought from sources other than
study of variations within an aggregate that must be more
stable in movement than the detailed parts which make up
this total.
SURVEY OF CURRENT BUSINESS
16
November 1957
Table 3.—Production of 153 Selected Commodities
Percent
change 3d
quarter 1957
from—
Production l
Quarterly totals
3d
3d
tei quarUnit of measure Post3d
3d
3d
war quarter quarter quarter postter
war
high of year 1956
1957
high 1956
year shown
year
Product
CONSUMER DURABLE GOODS
Passenger cars
Tires
...
Batteries, automotive replacement.
Television sets
Radios_
-.____
Phonographs, electronic
Television picture tubes
Transistors
Receiving tubes
Refrigerators electric
Freezers, farm and home . __
Washers, electric and gas...
Dryers, clothes, electric
and gas.
Washer-dryer combinations.
Vacuum cleaners
Ranges electric
- Stoves heating
Ranges cooking gas
Dishwashers
Food waste disposers - Glass tumblers
__ _
"Woven carpets
1955
1955
1957
1, 748
26, 869
8,017
1, 062
22, 591
7,460
1,292
26, 211
8,017
-26
-2
22
16
8
Thous
Thous
Thous
Thous
Thous
Mil
Thous
Thous
Thous
Thous
1955
1947
1957
1956
1957
1956
1950
1952
1956
1956
1,932
4,232
1,503
2, 835
7,643
120
1,654
374
1,157
437
1,844
2,877
1,273
2, 835
3,335
120
1,013
292
1,157
437
1,868
3,190
1,503
2, 493
7,643
121
864
290
1,048
352
-3
-25
1
11
18
-12
129
1
-15
-1
-9
-20
Thous
1957
42
28
42
Thous
Thous
Thous
Thous
Thous
Thous
Thous. doz _ _
Thous. sq yds-__
1947
1950
1947
1950
1956
1956
1946
1948
889
480
1,507
811
86
132
21, 350
20, 501
857
350
893
504
86
132
14, 060
6,138
762
277
686
415
98
132
13, 574
11, 762
-14
-42
-55
-49
14
0
-36
-43
-11
-21
-23
-18
14
0
-4
(3)
-12
1
-48
-23
-9
-20
50
1950
1950
_- 1955
1953
1950
1955
1956
5,159
1,959
14, 424
4,880
1,405
61,274
7,873
4, 779
1,398
13, 824
5,037
1,013
54, 679
7,873
4,310
1,045
15, 012
4,290
913
58, 004
7,522
-16
47
4
-12
-35
-5
-5
-10
-25
9
-15
-10
6
-5
1951
Thous
1955
Thous. doz
Thous. doz. prs_ 1952
1957
Mil. prs
1956
Mil Ibs
1954
Mil. Ibs
1957
Mil. Ibs 1957
Mil. Ibs
Mil. gal
1956
Mil Ibs
1948
1947
Thous. Ibs
4,242
3,261
41, 380
150
5, 568
329
348
361
196
1,003
57, 659
3,070
3,334
35, 603
143
5,568
331
303
353
196
689
20, 793
2,605
3,537
38, 677
150
5,537
329
348
361
197
634
10,975
-39
9
-7
-^
0
1
-37
-81
-15
6
9
5
-1
-1
15
2
1
-8
-47
Thous. sacks
Thous. bbls
Mil. wine gal
1947
1953
1946
76, 409
28, 093
57
58, 275
27, 719
48
59, 769
27, 168
49
-22
-3
-15
3
-2
1
Thous. tax gal...
Bil
Mil
Thous. Ibs
Mil. bbls
Mil. bbls
Thous. bbls
Thous. bbls
Thous. sh. tons
No. of editions .
Number
1950
19C7
1956
1946
1957
1957
1956
1951
1956
1957
1956
76, 112
116
1,421
65, 038
368
163
14, 764
•30, 541
1, 22f>
2,258
674
36, 573
111
1,421
45, 172
368
164
14, 764
27, 590
1,226
2,116
674
33, 543 -56
116 . _ - _ _ .
1,453
45, 297 -30
368
163
-8
13, 607
23, 139 -24
-3
1,193
2, 258
562 -17
-8
5
2
(2)
0
-1
-8
-16
-3
Thous
Thous
Thous
Thous. doz
Thous doz
Thous
Thous
— 17
PRODUCER'S DURABLE EQUIPMENT AND CONSTRUCTION MATERIALS
1946
7, 636
4,152
5,655
1957
1951
1948
1949
1951
1, 499
344
29, 063
233
n. a.
1,358
239
14, 353
135
340
1,499
242
25, 259
257
284
Thous
1951
n. a.
60
65
Units
Units
1956
1957
16,826
1, 753
16, 826
1,589
11, 390
1, 753
Units
Units
1953
1955
28, 626
6, 312
16,011
6, 419
14, 036
5, 446
Units
1953
2,244
1, 349
1, 095
Thous
Thous
1957
195:
425
7, 779
373
7,073
Mil. bd ft
Mil. sq. ft - _
Mil sq ft
Mil. bd. ft
Thous. bd. ft
1955
1957
1955
1955
1948
10, 128
1, 332
221
313
18, 300
9, 797
1. 243
226
278
10, 875
8,718 -14
1,332 ......
187
231 -26
11, 100 —41
-11
7
-17
Mil bbls
Mil. standard. ._
Thous. sh, tons.
Thous. sh. tons
Thous. bbls
Thous sqs
Thous. sqs
Thous. sh. tons.
1956
1955
1949
1955
1956
1949
1947
1955
88
2, 130
361
553
30, 030
608
17,078
2,588
88
1,979
194
523
30, 030
307
17, 199
2,775
78
1,792
174
465
29, 306
258
15, 908
2. 326
-11
-26
M
;
i
i
(N
CO
: i ; i
i
i
i
i
i>r
Thous. Ibs
Thous. h. p
Thous
Units
Units
Units
O 00 O
Cvo r-i T—i
Aircraft, civilian, airframe
weight.
Aircraft engines
__
Trucks and buses
Freight cars
Passenger r'iilfoad cars
Locomotives, diesel-electric.
Tractors, wheel type, exc.
garden.
Tractors tracklaying
Tractors, wheel type, contractors' off-highway.
Trailers truck
Industrial trucks and tractors, gasoline powered.
Industrial trucks and tractors, electric.
Typewriters, standard
Barrels and drums, steel,
heavy.
Lumber
Plvwood, softwood-_
Plywood hardwrood
Flooring, hardwood, o a k _ _ _
Flooring, maple, beech,
and birch.
Cement
Brick, unglazed
Structural tile
Cla ~ sewer pipe
Asphalt
Asphalt sidings
Asphalt roofing
G vnsum. crude
_
Product
Quarterly totals
3d
quar- 3d
ter quarPost3d
3d
3d
Unit of measure war quarter quarter quarter post- ter
war
high of year 1956
1957
high 1956
year shown
year
PRODUCER'S DURABLE EQUIPMENT AND CONSTRUCTION MATERIALS-Con.
Thous
Thous
Thous
CONSUMER NONDURABLE GOODS
Suits men's
Overcoats and topcoats
Trousers (separate)
Shirts, dress arid sport
Shirts work
Dresses
Coats, women's, misses',
Juniors.
Suits women's
Waists, blouses, and shirtsHosiery all types
Shoes and slippers
Meats including lard
Butter
Oleomargarine
- - Cheese
Ice cream
_Evaporated milk
Condensed milk, sweetened.
Flour, wheat
Malt beverages
Distilled spirits, apparent
consumption.
Distilled snirits
Cigarettes (withdrawals) ..
Cigar^ (withdrawals)
Manufactured tobacco
Motor fuel all types
Fuel oil distillate
- Lu br ican ts
Kerosene
_ _.
Newsprint consumption. _ .
~\"ew books
~N"ew editions
Percent.
change 3d
quarter 1957
from —
Production i
36
10
1
76
90
-16
8
-32
10
-14
12
-15
-51
-19
125
6,225 ~-20~
14
-12
-11
-16
-16
-2
-58
-7
-10
2
Q
-10
—11
-2
-16
—8
-16
Gypsum, lath
724
Mil sq ft
1955
796
Gypsum wallboard
Mil. sq. ft
1955
1 157 1,227
Hard board
Thous sh tons 1957
139
161
Construction paper and Thous. sh. tons. 1955
765
831
board.
Fabricated structural steel Thous. sh. tons 1957
619
931
423
Concrete reinforcing bars, Thous. tons
1956
423
etc.
Steel piling ..
Thous. sh. tons 1957
154
78
Rigid steel conduit
1956
127
127
Mil. lin. ft
Paints, varnish, and lac- Thous. gal
1957 85; 634 82, 610
quer (trade sales).
Rails and accessories
Thous. sh. tons 1947
n. a.
363
Pipe and tubing
1, 688
Thous sh tons 1957
2 632
Kitchen sinks
684
592
1950
Thous
573
Bathtubs
638
Thous
_ 1955
Lavatories
1955
1,031
1,047
Thous
1,290
Water closet bowls
Thous
1956
1,290
702
Water heaters, gas
1956
702
Thous
225
n. a.
Water heaters, electric _ - Thous
1947
Thous
1955
403
Warm air furnaces
406
209
Oil burners
316
Thous
1947
INDUSTRIAL MATERIALS DURABLES
-10
—28
— 13
16
-2
931
418
-1
(3) i
154
137
85, 634
8
577
1,071
161
748
456
2 632
496
501
907
1,080
600
196
286
170
—20
—7
8
4
(3)
(3)
-28
-22
-12
-16
-15
-30
-46
-5
Steel ingots and steel for Thous. sh. tons. 1955 28, 577 20, 167 27, 137
castings.
Copper, refinery (primary). Thous. sh. tons. 1956
-3
318
327
327
Wire and wire products
1,102
682
718 -35
Thous. sh. tons. 1951
Vulcanized fiber, consump- Thous. Ibs
-28
1951 15, 545 13, 173 11, 165
tion.
Ingot brass and bronze
Tons
1956 62, 100 62, 100 56, 100 -10
Castings, gray iron
3 557
3 018 3 089 -13
Thous sh tons 1951
Castings, malleable iron
204
196 -24
Thous. sh. tons. 1955
257
415
Aluminum, primary
376
376
Thous. sh. tons- 1956
(3)
Lead, mine
78 -24
102
86
Thous. sh. tons 1950
-6
Zinc, slab, total (primary Thous. sh. tons. 1956
263
263
247
and secondary).
Tin, consumption, primary Lg. tons
n a
12, 675 13 565 n. a.
1950
Thous. gross
Glass containers
1957 38, 856 35, 273 38, 856
INDUSTRIAL MATERIALS, NONDURABLES
Cans, metal
_
Closures
Crowns
Woodpulp
Paper
Paperboard
Shipping containers
(3)
-16
-13
-13
-16
-15
-13
-29
-19
(3)
-3
(3)
-15
-10
2
-4
(3)
-9
-6
7
10
-5
—5
_ _ Thous. sh. tons 1956
1. 495
1,576
1, 576
2
4,425
2
4,341
4,341
Mil
1956
33
Thous. gross
1957 90, 639 68, 301 90, 639
5,229
-2
5,360
5, 360
Thous. sh. tons. 1956
-5
-5
3,393 3,210
3, 393
Thous. sh. tons. 1956
1
3 428
Thous sh tons 1957
3 428 3 400
3
Mil sq ft , sur- 1957 24 985 ?4 245 24 985
face area.
-JO
100
Fuel oil, residual..
116
101
Mil. bbls
. . 1951
269
2
265
269
Rubber, synthetic
Thous. Ig tons
1957
8
354
328
Rubber consumption, na- Thous. Ig. tons__ 1957
354
tural and synthetic.
19
898
753
898
Ammonia, synthetic an- Thous. sh. tons. 1957
hydrous.
985
14
864
Chlorine gas
985
Thous. sh. tons. 1957
13
658
581
Nitric acid
658
Thous. sh tons 1957
1,016
27
Phosphoric acid...
799
1,016
Thous. sh. tons- 1957
1,128 -13
1,289
1,218
Sodium carbonate (soda Thous. sh. tons. 1951
ash).
Sodium hydroxide
957
1 074
1 074
Thous sh tons 1<*7
1,
4
3, ?45
3,896
Sulphuric acid. .
3,745
4
Thous. sh. tons 1956
-4
211 -17
220
1951
255
Mil. Ibs
Acetic anhydride _ _ _
-11
124
110 -n
Alcohol, ethyl
124
Mil. proof gal
1956
314
242
30
314
Mil. Ibs
1957
Ethvlene glycoL-3
-3
297
307
Mil. Ibs
Formaldehyde
1956
307
-lu
Thous. gal
1956 58, 160 58, 160 48, 800 -16
Methariol, synthetic
15
522
452
522
Thous sh tons 1957
Superphosphate
— 21
1,374 -21
1,743
Sulfur (native)
Thous. Ig. tons. - 1956
1. 743
4
Alkyd resins
253
248
1957
'253
Mil Ibs
4
-4
112
116
Phenolic and other tar acid Mil Ibs
1956
116
resins.
20
170
Polyethylene resins
Mil Ibs
1957
141
170
-2
147
St vr ene resins
150
147
Mil. Ibs 1957
26
204
Vinyl resins
162
204
1957
Mil. Ibs
3
3
72
70
1956
Urea and melamine resins . Mil. Ibs
70
Cotton consumption
—5
1 964 — 12
2 243
2 059
Thous bales
1951
-59
Wool consumption, apparel Mil. Ibs
-16
73
148
61
1946
class.
1948 48, 000 31, 000 25, 400 -47
Wool consumption, carpet- Thous. Ibs
-18
—7
Cotton broad woven goods. Mil. lin. yds
—7
2, 436
2,627
1956
2,627
-47
Woolen and worsted woven Mil. lin. yds
-S
88
154
81
1946
goods.
-9
8
Ravon and acetate
254
274
1956
Mil Ibs
312
NOTI cellulosic, including Mil. Ibs
33
117
15-3
156
1957
glass fibers.
Tire cord, cotton, ravon, Mil. Ibs
115 -23
2
1951
150
113
nylon.
-5
CaUle hides and skins
4
6, 643
6,291
Thous
6, 052
1947
Thous
Cfvlf and whole kip
16
3 005
">947
1 80^ 2 096 —30
/<5
Sheep and lamb skins
-10
T hons
1946 11,064
6. 065
6,706
i.i.
<i,. Not available.
1
Third quarter figures have been used in order to facilitate comparison. In some cases
where third quarter 1957 data are not available, the latest 3 months are utilized and comparison is made with similar periods in the earlier years. 1957 is shown as the high year
in thoso instances
where presently available information indicate that this is a strong like
2
lihoO'i.
Less than 1/2 of 1 percent.
'•' Change not representative because of strike period.
Source: U. S. Department of Commerce, Office of Business Economics, based upon data
obtained from private and Government agencies.
by Clement Winston and Mabel A. Smith
Analysis of Long-Term Markets
Measuring Product Trends and Potential
JL HE POSTWAR period has seen business sales and
consumer income and living standards reach progressive new
highs. With an economic situation which is currently
stable in the aggregate but increasingly competitive, business is giving more attention to such forces as supply-demand,
prices, and costs. Over the longer run, there is an awareness
of the effects of growth in population on demand, of the
need to have adequate capacity to meet these increasing
Market Situations
*
Where Growth Is Large and Steady: MOTOR FUEL
**
Where Growth Is Less but Stable: SHOES
* * * Where New Product Expands Rapidly: FOOD PACKAGING
RATIO SCALE
2,000
MOTOR FUEL DEMAND
(MILLION BARRELS)
1,000
orderly and economical provision for associated long-term
future requirements. To find out what governs the demand
for a company's or industry's products is at best a difficult
problem in analysis, because of the multiplicity of factors
affecting demand and the difficulty of measuring and isolating the effects of these factors. As a practical matter what
the businessman needs most for aid in the solution of these
problems is a set of guides.
It is the purpose of this article to indicate the usefulness
of historical data in the development of relationships between
the industry's or company's sales and broad measures of
economic activity. Sensibly handled, they assist in fostering
an understanding of the current situation and in working out
guidelines for evaluating longer run problems and prospects.
The appraisal of near-term changes in demand for a given
commodity must, of course, essentially rely on cyclical
influences—although consideration must be given to basic
factors such as those resulting in growth. The projection
of longer run prospects is most frequently tied to relations
in past periods of high demand and economic activity. The
major emphasis of this article will be on the examination
of different types of market situations with a view toward
the evaluation of long-term demand potentials.
800
600
400
200
100
_.
I
SPECIAL FOOD BOARD
CONSUMPTION
(THOUSAND SHORT TONS)
SHOES
(MILLION PAfRS)
I I
1930
I
\
I
35
1
I
1
40
I
I
1
I
45
1
50
I
55
I
60
Data: Bur. of Mines & Census Bur.
U. S. Department of Commerce, Office of Business Economics
57-29-6
demands, and of the important role of technological development today and its great promise for tomorrow.
Business concerns are constantly faced with problems of
evaluating near-term prospects, of measuring the market
potential of their existing and new products, and of making
N O T E — M R . WINSTON AND MISS SMITH ARE MEMBERS OF THE BUSINESS STRUCTURE DIVISION, OFFICE OF BUSINESS ECONOMICS.
446262—57
3
Differentials in Product Growth
A large number of products have been experiencing an
ever-growing market with only a mild response to cyclical
factors. Except for abnormal influences such as wartime
restrictions or strikes, these products evidence considerable
regularity in their growth over time—although there are
shifts in their ra.tes of growth.
The course of output of three such commodities for varying
periods through 1957 is shown in the initial chart.1 The
differences in trends are quite significant. Shoes and motor
fuel, which are well-established products, show a steady
rate of growth while a more recently introduced product—paperboard for food packaging—is illustrative of the rapid
advance where new uses have been developed.
Considerable care must be exercised in projecting the
future demand for products which display independent
growth characteristics. Relationships with overall economic
factors generally cannot be used—due to the considerably
lesser importance of cyclical influences. In the case of
special food board, for example, consumption has been
expanding so rapidly—10 percent per annum in the last 5
3^ears—that the influence of major economic forces cannot be
ascertained, although adverse general economic conditions
would obviously have some effect.
1. In this and subsequent charts, data for 1957 are partially estimated.
17
18
SURVEY OF CURRENT BUSINESS
From the data available in many cases, the only practical
type of relationship defining the market is a trend. A projection of future demand from a trend assumes that the
factors underlying the pattern of growth will continue to
have the same net effect in the future. The impact of various factors on growth often changes, however, with a resulting alteration in the growth pattern. -Consequently, considerable caution and good judgment must be used both
witli regard to the type of trend employed and the length
of the projection.
In particular, trend projections are especially hazardous
for new products due to the uncertainties of the duration
and intensity of market acceptance. Demand for, say, a new
appliance with a relatively long life is eventually limited by
market saturation. Television is a prime example of a
product which is so well received that the demand quickly
approaches the saturation point. In other cases, such as
air conditioners, market penetration starts out more slowly
and continues for a much longer period. And of course, at
the other extreme, some products that fail to receive sufficient
continuity of consumer approval eventually disappear from
the market.
There are cases where the growth may result from the
influence of a particular dominant factor such as population
or number of households. Shoe consumption, for example,
appears to be highly dependent on population changes.
Although income, style, and quality changes have resulted
in some fluctuations around the growth curve, the range of
variation is narrow, and in the last 10 years per capita shoe
production has held close to just over three pairs per person.
As can be seen in the chart, the quantity of motor fuel
consumed has also moved generally upward in the prewar
The Market Situation
O Where Demand Is Related Closely to Personal Income: PAPER
i
I
I
i
i
I
I
20
16
12
Note:- Regression fitted to data for
1929-41 and 1947-56
75
J_
I
I
100
ISO
200
125
175
I
250
225
300
275
350
325
DISPOSABLE PERSONAL INCOME—BILLION 1956 DOLLARS (ratio scale)
Data: Census Bur. & QBE
U. S. Department of Commerce, Office of Business Economics
5 7 - 29 - 7
November 1957
and postwar periods, reflecting the increased use of fuel for
motor transportation and agricultural and industrial purposes. Reflecting primarily the fast growth of motor
vehicles, motor fuel consumption has shown an average
rate of growth exceeding 6 percent in the postwar years.
Shoe production has advanced at an average rate of 2 percent in the same period.
The cases discussed above are those in which growth
characteristics predominated. In other cases, more meaningful results can be obtained through the development of
relationships with factors which are comprehensive enough
to serve as substitutes for basic causal factors. The derivation of such relationships requires a technique which has
merit, and instances of this sort are described in the next
section.
Correlation in Market Analysis
In general, the basic statistical techniques for projecting
economic behavior are procedures which extend the evidence
given by past experience. By analyzing the experience of
his own company or industry as affected by economic forces
over periods of varying economic conditions, the businessman may be able to develop a guide for appraising future
prospects. The correlation technique provides not only
the means for obtaining such a guide from past experience,
but is also fairly simple to apply.
Activity in any industrial or market segment is usually
dependent on a multiplicity of economic factors, such as
income, population, prices, and industrial production. If a
product is used by consumers and producers, real consumer
income and industrial production would both be underlying
demand factors. However, these two variables are highly
interrelated and consequently only one need be used in
developing the relationship for the particular product.
Briefly, there are essentially two basic steps in deriving
a relationship based on past experience. First is the selection of factors affecting demand or market fluctuations. It
is generally desirable to keep the number of factors to be
analyzed to a minimum. The second step is to develop a
relation between the factors finally decided upon and demand.
This is necessary so as to be able to detect the influence of
changes in the factors on demand.
There are various ways of deriving a relationship but
basically the techniques fall into two broad types—graphical
and numerical. The former is generally quicker and easier
to apply. Moreover, no other method brings out the
nature of a relationship, if any, more rapidly or more clearly.
It is for this reason that it is widely used and certainly is
an essential step in obtaining an initial understanding of
the problem.
In using the correlation technique, different considerations
may be involved depending on whether the objective is to
project short-run or long-run demand. For the short-run
case, the relationship to be determined would be based on the
indications given in periods of cyclical changes. Long-term
pro]ections are generally made to measure market potentials,
and usually assume conditions of high employment.
In some cases, as will be indicated in the ^examples that
follow, the relationship will hold for years of both low as well
as high economic activity. Where^ however, the relationship varies for different levels of business activity, long-range
projections must be based primarily on years of high employment disregarding low points in the cycle.
These mathematical devices provide a projection which
implies a continuation of the past experience not only with
respect to the factors affecting demand, but also with respect
to the nature of the relationship. In extrapolating for some
period in the future, however, the "mix" of factors may
November 1957
SUEVEY OF CURRENT BUSINESS
change and, indeed, even the nature of the relationship may
be altered. Thus, it is important to bring to bear on the
project any additional information which may be available
with respect to future known or assumed conditions that
would materially alter the indications given from past
experience.
For example, the correlation between book paper and real
purchasing power which existed in the prewar period and
earlier postwar years has been significantly modified in the
more recent years by the accelerated expansion of the schoolage population. Thus, the rate of growth of the younger
age groups would be an additional important factor to be
considered in the long-term projection of demand for book
paper.
Examination of the chart (in which ratio scales are used)
shows that the line about which the points tend to cluster
makes an angle of about 45° with the baseline, which implies a slope of the line close to "unity." Thus, over the
entire interval considered, consumption of paper has tended
to respond in a one-to-one relation to the changes in real
disposable income.
The Market Situation
• Where Purchases Are Postponoble and Cyclical Response Is
Therefore Very Large: FURNITURE
4.4
4.0 3.6 -
Response to business activity
Fluctuations in aggregate business activity appear to be
the major determinant of market demand for most products
although there are differences in the degree of response. In
general, industrial commodities and materials tend to show
close association with such indicators as GNP and industrial
production. Disposable personal income is found to be the
major factor for a wide range of consumer commodities as
well as for products serving both consumer and industrial
uses. An example of the latter market situation is paper,
where consumption is rather closely related to fluctuations
in general business activity.
Since paper includes newsprint, printing paper, fine paper,
industrial paper, and sanitary and tissue paper, the product
mix represents a wide range of industry and consumer uses.
As a result, it could be expected that changes in paper consumption would show a close relationship to variations in
industrial production and in consumer purchasing power.
In this case, "real" purchasing power as measured by disposable personal income in constant (1956) prices was
selected because of the close association of this broad
economic measure and paper demand.
This example is taken from a study of OBE included in a
1957 report of the Committee on Interstate and Foreign
Commerce of the House of Representatives under the title:
Pulp, Paper, and Board Supply-Demand. This study
covered an analysis of demand for total paper and paperboard and their 12 major subgroups, with the object of
obtaining projections through 1965. The basic procedure
used to make the projections was to develop relationships
between demand and the various factors. Experts in the
industry were consulted as to the probable stability of the
relationships as well as possible new factors which might
have an important bearing on the long-term projections.
The accompanying chart presents a scatter diagram
relating the total consumption of paper in thousands of
short tons to real disposable personal income (in billions
of 1956 dollars). Except for the war period and the first
postwar year, all the points tend to cluster along a straight
line giving a clear indication of the fact that consumption
of paper generally followed the overall economic movements
in peacetime years. Moreover, there appears to be no
essential difference in the character of the relationship
between the prewar and postwar periods, nor between
periods of cyclical swings and those of relatively stable
high employment.
In fitting a line graphically which best conforms to the
scatter of the points, observations for the years 1942 through
1946 were excluded since it was felt that the wartime distortion of paper demand was a temporary factor. In
general, known abnormalities which are not likely to exert an
influence in the period of forward projection are eliminated.
3.2 -
2.0
1.6
.41
•
«
•l929
1.2
42 43
^_
*4
m
©
®
• 40
•35
40
80
120
160
240
320
DISPOSABLE PERSONAL INCOME—BILLION DOLLARS (ratio scale)
U. S. Department of Commerce, Office of Business Economics
57 - £9 • &
The five major subgroups of paper portray different
characteristics from that of the total group. The differences
are essentially: (1) The response to changes in economic
activity and other factors differs from group to group.
(2) In some groups the relationship to economic activity
shifts over time. (3) Demand for some groups is influenced
by several factors rather than dominated by one.
In the case of newsprint, the projection relationship is
obtained in a manner not too different from that for total
paper, with the years except those in the war period used in the
determination. On the other hand, in the case of printing
paper the early depression years showed a behavior substantially different from that of the later years and were
excluded in determining the basis of long-range projections.
Similarly, for the sanitary and tissue paper segment, demand showed a substantial growth beginning in the late
thirties, so that here also the early years were out of line.
The postwar growth shown in this group was considerably
greater than that for any of the other four major groups.
Cyclical vs. long-term demand
In the case of paper it has been indicated that the nature
of the relationship did not change either in the depression
20
SURVEY OF CURRENT BUSINESS
period or in the postwar years of high level employment, so
that the same relation can be used for either short- or
long-term projections. However, in many cases the relationship shifts as between periods of cyclical swings and
those when economic activity is relatively high. The demand for furniture is a case in point. The chart shows the
relation of the dollar outlays for furniture to disposable
income from 1929 to 1957. The variations from the linear
tendency are apparently due to the influence of such other
factors as rate of family formation, residential construction,
and furniture prices.
In the period of the thirties when the cyclical swings were
pronounced, the points clustered about a line with a slope
considerably in excess of 45°, reflecting
the marked sensitivity of demand to income changes.2 This is a reflection
of the high degree of postponability of furniture buying
which results in the well-known tendency of durable-goods
expenditures to fluctuate widely and with more volatility
than business activity.
In the postwar years, however, with a sustained high level
of income and employment, the factor of postponability of
furniture acquisitions had been less influential. Both
income arid furniture expenditures in this period have been
rising, although income has advanced faster. As a result,
the response of furniture demand to income changes was
less than during the depression years.
It may be observed that the prewar years of relatively
high employment—1929, 1940, and 1941—fall more or less
in line with the postwar years, a line which differs from
one confined to the cyclical years of the thirties. Thus,
for long-term projections it would be reasonable to use a
relation derived from the high employment years.
November 1957
tween a particular commodity price and the overall price level
are found to be important in explaining changes in demand for
automobiles and several major household appliances.
In some cases, however, these various factors may in themselves be strongly interrelated, especially during periods of
significant cyclical variation when the broad economic forces
have pervasive impacts. As a result it may not be possible
to obtain directly the particular influence of these factors.
In such cases it is sometimes of value to employ a trend
factor which represents a "catchall" of the combined effects
of the forces not explicitly determined.
The Market Situation
»» Where Demand Has Declined Relative to Income: CLOTHING
RATIO SCALE
16
Clothing as a Percent of Disposable Personal Income
12
Shift in demand
The demand for clothing is a case showing a shift in the
response of sales to income changes from the prewar to the
postwar period. In charting this pattern, the ratio of outlays for clothing to disposable income from the period 1929
to 1957 has been used. A clear indication is given over the
past three decades of a decline in clothing demand relative
to income. This has been much more pronounced in the
postwar period, although even in the prewar years the ratio
declined. In real terms purchasing powder has more than
doubled since 1929, while clothing outlays have increased only
nbout one-fourth.
The ratio is shown in this case to provide a quick overall
view. For purposes of projection it is desirable to cast the
analysis in the form of a correlation diagram in order to
examine the nature of the relation. From this analysis it
appears that while there was a definable response of expenditures to income in the prewar years, no discernible relationship is evident in the sales-income pattern in the postwar
period,
Influence of several demand factors
While changes in business activity affect the demand for
all products, in many cases special market situations result
in variations due to other factors. Here, a broad economic
indicator provides only a partial explanation of product behavior and an adequate demand analysis requires examining
the effect of additional influences.
When other significant explanatory factors are known they
can be explicitly introduced into the analysis. For example,
the number of households and differential movements be2. A straight-line regression for this period indicates that a 16-percent change in furniture
outlays was associated, on the average, with a 10-percent change in disposable income during
the years of low business activity of the thirties.
i i i i i i
1930
35
I i
40
i 1i i i
45
U. S. Department of Commerce, Office of Business Economics
50
55
60
57-29-9
Paperboard is an example of a product in which this type
of analysis yields useful results (see chart). New uses for
the products of the paperboard industry have been continually developing. The growth of board for food packaging
has been discussed earlier. More and more industrial products are also being shipped in fiberboard containers. In
addition, containerboard is used for making toys, shipping
pallets, building construction forms, display stands, etc.
One of the newest uses of special paperboard has been for
cigarette packaging. Thus, the increasing use of paperboard for more and more purposes has led to a persistent,
growth in this industry exceeding the average gain over time
in general business activity.
It may be observed in the upper panel of the chart that
paperboard consumption, in general, tends to rise and fall
with industrial production. The average relation with industrial production is indicated by the line AB. It can be
seen, however, that industrial production alone does not
sufficiently explain all the fluctuations in paperboard consumption, and that the deviations from the regression line
have become progressively larger with the passage of time.
This observed net time trend—net because it is determined after removing the changes associated with industrial
production—is shown in the lower panel of the chart. The
November 1957
SUEVEY OF CURRENT BUSINESS
points represent the ratio of actual consumption of paperboard each year to the consumption "calculated" for that
year from the line AB in the upper panel.
The line of net trend determined from these residual
points indicates that, on the average, consumption of paperboard tended to increase about 2% percent per year over
and beyond changes explained by industrial production.
There is thus an underlying growth trend for the product
aside from the basic growth of the general industrial economy.
It should be pointed out that a good deal of caution is
necessary in attempting to project a time trend for too long
a period into the future. This trend is a "catchall" and
represents the combined effect of many factors—factors
which if known and quantifiable would have been used
explicitly. The projection should be made with due consideration given to the question of whether the factors
resulting in the particular net trend determined from the
past period can be expected to be operative in the period
ahead.
21
estimates presented in these reports are based on various
assumptions as to future trends in rates of fertility, mortality,
and labor-force participations.
Other studies are available on trends in productivity.
Technological advances, increased mechanization, more efficient use of materials, improved distribution methods, and
a more highly skilled labor force have resulted in continual
gains in output per man-hour. Over the past 50 years both
agricultural and nonagricultural output per man-hour have
increased at an average annual rate of about 2 percent.
The Market Situation
O Where Growth Trend Is Strong, but Cyclical Sensitivity Is
Pronounced: PAPERBOARD
20
Related to Industrial Production
16
Basis for Long-Term Projections
In the above discussion, examples of relationships were
given between consumption of different commodities and
various overall indicators of economic activity, such as disposable personal income and industrial production. A
major purpose in deriving such relationships is to utilize the
results as a first step in making long-range projections for
particular segments of industry and trade.
To make use of such relationships, however, it is first
necessary to project—on the basis of specified assumptions—
the overall measures of economic activity and other factors
used in the relationship for a given future point in time.
The national income and product accounts developed over
the past quarter of a century give us a very valuable framework of analysis. The real gross national product, or the
measure of the total volume of goods and services produced
in the economy is the most comprehensive indicator of
economic activity, and is usually projected first over the
long term.
The effort put into deriving this projected figure depends
on the degree of fineness and detail desired. For example, a
working estimate could be made simply by assuming a continuation of the past rate of growth in gross national product:
This has averaged about 3 percent per annum over the last
50 years taking into consideration only peacetime years of
high level employment. The fact that this underlying
growth trend has been stable over time serves as a valuable
readymade tool.
Other approaches to project aggregate output utilize more
detailed assumptions in addition to average growth trends.
The most commonly used measures are population, the associated labor force and its distribution between the Armed
Forces, unemployment and employment (both agricultural3
and nonagricultural), productivity, and length of workweek.
As aids in determining the basic figures for these more
detailed considerations, there are available various current
population reports of the Bureau of4 the Census giving
population and labor force projections, and a recent report
on United States population projections to the year 2050
by
the Department of Health, Education, and Welfare.5 The
3. See, for example, a 1954 study of the Joint Committee on the Economic Report of the
U. S. Congress, Potential Economic Growth of the United States, and the aforementioned
Report on Pulp, Paper, and Board Supply-Demand.
4. See, for example, the October 1955 Report—Series P-25, No. 123, giving projections of
the population of the United States, and also the October 1956 Report—Series P-50, No. 69,
giving projections of the labor force in the United States up to the year 1975.
5. Actuarial Study No. 46, May 1957.
12
Note:- Regression fitted to data for
1929-41 and 1946-56
J
25
50
75
I
I
100
125
I
150 175
INDUSTRIAL PRODUCTION-INDEX, 1947-49 = 100 (ratio scale)
200
Net Growth Relative to
Industrial Production
100
80
Note:- Regression fitted to data for
1929-41 and 1946-56
60
50
I
1930
35
I
40
1 1
I
I
I
I
45
I
50
I I I I I I I I I
55
60
Data: Census Bur. & FRB
U. S. Department of Commerce, Office of Business Economics
57-29-10
SURVEY OF CUERENT BUSINESS
22
The estimates of prospective gross national product provide the basis for the projections of other overall measures
used in the analysis. Broad indicators of business activity
such as disposable personal income and industrial production
are highly correlated with GNP, as would be expected.
It should be pointed out that the techniques described
above serve only as an aid to, and not as a substitute for,
practical knowledge and judgment. Having set up the
working relationship between the variables based on past
experience, the step of actual projection assumes a continuation of the relationship between demand and the broad
VieworKevited
November 1057
overall economic factors. This assumption of continuity
may imply, for example, that consumer buying habits will
not shift materially, that income distributions and their
effect on demand will remain relatively unaltered, that prices
will maintain their position compared to overall prices, or
that the international situation will not change drastically.
On the practical application of the techniques the businessman's judgment, experience, and knowledge of his industry are needed to appraise and evaluate properly the final
results obtained by the analysis of past experience.
STATISTICAL S E R I E S
National Output of Goods, Services, and Construction, Revised Estimates, 1954-56
The following tables present revised estimates for the years
1954-56 of gross national product broken down by major
types of output. The total is classified into durable goods,
nondurable goods, services, and construction; and for the
first two of these categories, output is shown also as the sum
of final sales and inventory change.
The data here are directly comparable to those presented
for 1929-53, in similarly numbered tables in the June 1957
SURVEY, and are revised to conform with the detailed
estimates of gross national product for 1954-56 published in
the July SURVEY. Adjustment to these estimates, as well
as incorporation of additional statistical source materials,
did not alter significantly the distributions for recent years
which had been shown in the June study.
The statistical procedures used to develop the new breakdown of gross national product introduced in the June
SURVEY are described in a technical note which is available upon request.
Gross National Product in Current and Constant Dollars and Implicit Price Deflators, by Major Type of Product, 1954—56
Goods
Gross national product
Year
Final
sales
Inventory
change
Output
Final
sales
Inventory Output
Final
sales
Services Construction
Nondurable
Durable
Total
Total
Inventory Output
change
Final
sales
Inventory
change
Table 1.—Billions of Current Dollars
361.2
363.1
-1.9
197.4
199.3
-1.9
70.7
73.3
-2.6
126.7
126.0
0.7
124.1
39.7
1955-
391.7
387.5
4.2
214.4
210.1
4.2
81.4
79.2
2.2
133.0
130.9
2.0
132.7
44.6
1956-
414.7
410.1
4.6
226.0
221.5
4.6
86.2
83.5
2.7
139.8
138.0
1.9
142.5
46.1
1954
.
.
Table 2.— Billions of Constant (1947) Dollars
1954
1955
_
1956.
301.3
302.4
-1.0
175.0
176.1
-1.0
61.0
62.8
-1.9
114.1
113.3
0.8
95.3
31.0
322.8
319.0
3.8
189.3
185.5
3.8
69.0
67.4
1.7
120.3
118. 1
2.1
99.4
34.1
332.0
328.6
3.4
194.6
191.2
3.4
70.1
68.4
1.7
124.5
122.8
1.6
103.7
33.7
Table 3.—Implicit Price Deflators (Index Numbers, 1947 = 100)
1954
119.9
112.8
115.9
111.1
130.2
128. 3
1955
121.3
113.3
118.0
110.6
133.5
130. 8
1956
124.9
116.2
122.9
112.4
137.5
136. 6
Source: U. S. Department of Commerce, Office of Business Economics.
SUEVEY OF CUREENT BUSINESS
November 1957
23
Percentage Distribution of Gross National Product in Current and Constant Dollars, and Implicit Price Deflators, by Major Type of
Product and Purchaser, 1954—56
Table 5.—Percentage Distribution, Current Dollars
1954
Gross national product
_ _. . .
Nondurable goods. _. _ _
Personal consumption expenditures
Government purchases
Net exports (net foreign investment) _ _
Change in business inventories
Durable goods
Personal consumption expenditures __
Producers' durable equipment
Government purchases __
Net exports (net foreign investment)
Change i n business inventories .
___
______
_
__ _
_ _ _ _ _ _ _ _
._ _
_ _ _ _
_ _ _ _ _
Services
Personal consumption expenditures
Government purchases _
Net exports (net foreign investment)
Construction
Private construction,- _
Government construction
_ _ _ _ _ _ _
__
_
__
___
_
_
_ _ _
__ __
1956
1955
Table 7.—Implicit Price Deflators (index Numbers, 1947-100)
Table'6.—Percentage Distribution, Constant (1947) Dollars
1954
1955
1956
1955
1954
1956
121.3
124. 9
111.1
113.4
95.9
110.6
112.5
99.6
112. 4
113.9
98.5
21.1
9.2
6.1
4.0
1.4
.5
115.9
109.0
128.1
123.0
118.0
110 7
130.9
123. 8
122.9
111. 3
139. 6
129.7
30.8
22 1
9.6
-.9
31.2
22 6
9.5
— .9
130.2
128.1
132.6
133.5
130.1
138.6
137. 5
133. 2
145. 4
10.6
7.7
2.9
10.2
7.3
2.9
128 3
129.7
125.2
130.8
132 2
127.1
136. 6
138. 0
133. 2
100 0
100.0
100 0
100. 0
100.0
35 1
33.4
1 7
2
2
33 9
32.2
15
-.2
.5
33 7
32.2
11
.0
5
37.9
35.3
2.2
.1
.3
37.3
34.7
1.8
.1
.7
37.5 1
35.3
1.3
.4
.5
19.6
8.1
6.2
5.0
9
-.7
20.8
9.1
6.1
4.1
.9
.6
20.8
8.26 8 !
4.1
10
.6
20.2
8.9
5.8
4.9
1.2
-.6
21.4
10.0
5.6
4.1
1.2
.5
34 4
24.0
11.2
-.8
33 9
23.7
11.0
-.8
34 4
24.1
11.1
-.8
31,6
22.4
10.1
-.9
11.0
7.7
3.3
11.4
8.3
3.1
11.1
8.0
3.1 I
1
10.3
7.1
3.2
119.9
100.0
Source: U. S. Department of Commerce, Office of Business Economics.
Table 9.—Farm and Nonfarm Output of Goods in Current and Constant (1947) Dollars and Implicit Deflators
Billions of dollars
Year
Total goods Nonfarm
goods
output
output
1954
1955
_- _ _
1956
_
-_
- _ - _ _ . - _
Implicit deflators (1947 = 100)
Billions of 1947 dollars
Farm goods Total goods Nonfarm
goods
output
output
output
Farm goods Total goods Nonfarm
goods
output
output
output
Farm goods
output
81.3
197.4
176.9
20.5
175.0
149.8
25.2 1
112.8
118. 1
214.4
194.4
19.9
189.3
163.2
26.1
113.3
119. 1
76.4
226.0
206.5
19.6
194.6
168.7
25.9 j
116.2
122.4
75.7
Source: U. S. Department of Commerce, Office of Business Economics.
Farm Income: Revised Data for Page S-2 l
Cash receipts from farming (millions of dollars)
Cash receipts from farming (millions of dollars)
Year and month
1955:
Receipts from marketings and CCC loans
Year and month
Livestock and products
Total
Crops
Total
Dairy
products
Meat
animals
Poultry
and
eggs
33, 213
32, 831
31, 396
30, 201
29, 771
30, 926
32, 928
32, 556
31, 183
29, 944
29, 542
30, 372
13, 239
14, 257
14, 035
13, 660
13, 663
14, 122
19. 689
18, 299
17, 148
16, 284
15, 879
16, 250
4,269
4,585
4,380
4,126
4,222
4,478
11, 365
10, 109
8.793
8,868
8,199
8,246
3,668
3,331
3,702
3,013
3,197
3,219
January...
February.
March
April
May
June
2,716
2,013
1,994
1,899
1,985
2,088
2,698
1,999
1,970
1,866
1,956
2,049
1,295
718
557
506
567
756
1,403
1,281
1,413
1,360
1,389
1,293
333
307
360
356
382
372
787
702
773
729
717
654
262
252
262
243
245
223
July
August
September..
October
NovemberDecember ._
2,229
2,585
3,175
3,485
3,322
2,710
2,211
2,573
3,163
3,476
3,303
2,680
993
1,255
1,799
2,011
1,824
1,379
1,218
1,318
1,364
1, 465
1,479
1,301
358
341
325
333
324
335
613
727
783
850
845
688
223
235
241
267
297
263
Monthly average.
2,517
2,495
1,138
1,357
344
739
251
January...
February.
March
April
2,552
1,932
1,899
1,970
2,517
1,901
1,877
1,955
1,213
725
567
650
1,304
1,176
1,310
1,305
336
313
358
360
738
619
671
661
206
221
262
256
1951_
19521953 _
1954_
19551956-
1954:
Total,
including
Government
paymerits
1955—-Continued
May
June
July
August
September..
October
November.
December. 1956:
Total,
including
Government
payments
Receipts from marketings and CCC loans
Livestock and products
Total
Crops
Total
Dairy
products
Meat
animals
Poultry
and
eggs
1,987
2,051
1,970
2,040
611
754
1,359
1,286
401
381
669
636
257
242
2,215
2,536
3,060
3,489
3,299
2,781
2,205
2,526
3,047
3,474
3,278
2,752
1,016
1,173
1,663
1,941
1,862
1,488
1.189
i;353
1,384
1,533
1,416
1,264
361
346
339
347
332
348
567
729
738
842
744
585
241
262
291
326
324
309
Monthly average.
2, 481
2,462
1,139
1,323
352
683
266
January,-.
February.
March
April
May
June
2,546
2, 030
1,869
1,908
2,034
2,153
2,507
2.003
1,848
1,891
2,018
2,139
1,209
806
582
572
624
838
1,298
1,197
1,266
1,319
1,394
1,301
354
344
377
377
422
408
644
579
590
648
662
618
269
243
268
261
271
247
July
August
September.
October
November,
December. _
2,407
2,674
3,103
3,988
3,425
2,789
2,369
2,631
3,066
3,816
3,335
2,749
1,058
1,239
1,669
2,193
1,891
1,441
1,311
1,392
1,397
1,623
1,444
1,308
387
370
354
363
355
367
653
745
756
931
771
649
251
260
269
308
301
271
Monthly average
2,577
2,531
1,177
1,354
373
687
268
1
Source: U. S. Department of Agriculture, Agricultural Marketing Service. Data reflect revisions to take into account the latest information on production, disposition, and price; those
for 1954-56 are based largely on information provided by the 1954 Census of Agriculture. Revisions by months for 1951-53 are not available.
SUKVEY OF CUERENT BUSINESS
24
November 1957
NEW OR REVISED STATISTICAL SERIES
Lumber Production, Shipments, Stocks, and Orders: Revised Data for Page S—31
l
[Millions of board feet]
All Types
Production
Shipments
>
Stocks (gross), mill, end of month
Month
Total
1954
January
February
M ar cli
A pr il
May
June
July
August
September
October
November
December..
Monthly average
.
Softwoods
Hardwoods
Total
579
610
621
595
571
555
584
609
600
618
573
559
590
472 550
591 2,037 2, 225 2, 320 2, 4652,774
569 589 2,163 2, 321 2,3222,6762,910 2,965 550 628
593 566 2, 614 2, 741 2, 533 3, 214 3, 433 3, 260 538 619
577 563 2, 596 2, 630 i 2, 596 3, 253 3, 420 3, 260 543 657
586 591 j 2, 64812, 807 2, 859 i 3,112 3, 476 3, 386 506 639
598 603 2, 456 2, 96112, 73013,180 i 3, 716 [3,180 4701 648
543 597i2,003 2, 457 i 2, 479 2, 732 3,192:2. 958 486| 603
578 619:2, 310 3, 045 2, 943 2, 938 3, 635 3, 284 532! 6621
632 619 2, 675:2, 873 2, 540 3, 241! 3, 431! 2, 901 i 556 6711
662 616 2, 732:2, 726 2, 778 3, 329 3, 326 3,172;616 712!
630 572:2, 556:2, 43112, 382 3, 03813, 030:2, 8021 561 674|
518,2, 49212, 262,2,002,3, 03612, 737 2, 375 561 634
589 587 2, 440:2, 623 2, 540 3,018! 3, 257 3. 037 i ! 5336411
Orders
Month
New
January
February
.
March
April
May
June
July
August
September
- October
November _
December
Monthly average
-.
788
832
1,000
919
965
849
425
464
673
788
801
937
787
Hardwoods
Total
Softwoods
1955 19561954 1955 19561954 1955 19561954 1955 1956 1954 1955 19561954 1955 19561954 I 1955 1956 1954 1955 1956
1954 1955 1956
2, 616 2, 754 2,911
2,77312,8902,911
3,23513,3343,099
3,191 3. 207 3,159
.. 21913,
,., 393 3,, 450
„_
3,
3,01113,559:3,333
.2, 587! 3,000 3, 076
12, 919 ! 3, 623;3, 562
13. 275 3, 50513,159
13, 350 3, 388 3, 394J
3,129 3,061! 2, 954
3,051 2,835 i 2, 520,
3, 030! 3, 21213,127
1954
Softwoods
Hardwoods
1955
774
750
925
982
848
933
778
741
681
634
681
774
792
637 1, 993 2, 224 2, 263 9, 239 9, 202 8, 702
3, 357 3, 907 3, 255 5, 882 5, 295 5, 447
639 2,126 2, 282 2, 326 9, 335 9,178 8, 651
3, 416 3,848 3, 205 5, 919 5, 3305,446
630 2, 676 2, 814 2, 63019, 356 9,084 8, 4963, 498 3, 822 3,141 5, 858jb, 262 5, 355
3, 550 3, 742 3,102 5, 743 [5,134 5,295
602 2, 710 2, 763 2, 658! 9, 293 8, 876 8, 397
559 2,606 2, 837! 2, 827 j 9, 39818, 801 8, 460 3, 614 3, 689 3,13415, 784|5,112 5, 326
525J2, 710 3,068^2, 655:9, 227i8, 64918, 6121 3, 69813, 639! 3, 212 5, 529! 5,010 5, 400
481! 2, 246 2, 589:2, 477 i 9, 081! 8, 453' 8, 729!3, 79513, 579 3, 328.5, 28614, 874 5, 401
523! 2, 406 2, 973 2, 761] 9.060 8, 441 9, 004!
3, 87213, 495; 3, 424 5,188 j 4, 946 ] 5, 580
538 2, 68512, 760'2, 363 9,096 8, 509 9, 257
907
550.2, 713 2, 614!2, 622 9,117J8, 566.9, 478
524 2, 477,2, 356 2, 278 9, 207 8, 59319, 629
3, 93013', 362,3, 619 5, 277i5, 231 [6, 010
477; 2, 475:2,10311, 898; 9, 224 j 8, 688 j 9, 7773, 928 3. 301 3, 660j5, 296J5, 387 6,117
557 2, 485 2. 615 2, 480 9, 21918, 753!8. 933 '3, 708 3, 604 3, 346 5, 512 5,150 5, 586
Production
Shipments
Stocks (gross), mill,
end of month
Unfilled, end of month
1954
1956
776
742
872
804
797
697
718
758
657
802
688
683
750
760
831
841
746
852
882
925
902
812
754
715
769
816
1955
1956
705
705
758
734
668
583
589
566
554
578
537
608
632
799
777
759
839
819
795
785
728
640
567
543
671
727
1954
1955
759
786
960
934
893
688
356
461
773
883
881
878
771
816
840
923
821
854
878
670
872
836
755
724
691
807
1956
777
759
776
783
843
767
660
835
722
814
761
623
760
1954
760
761
989
1,014
860
818
382
488
763
846
839
883
784
1955
745
771
944
902
868
957
788
799
769
706
705
645
800
1956
742
743
820
828
864
781
711
781
668
778
729
612
755
1954
1,072
1,097
1,068
988
1,021
890
865
837
848
885
926
922
952
1955
1956
993
1,062
1,042
961
947
867
749
822
889
939
957
1,003
936
1,038
1,054
1,010
966
945
931
880
934
987
1, 023
1,044
1,056
989
Southern Pine
Orders
Month
New
1954
January. . . .
February
March
April
. __ . .
May
June
-- - -July
August
September.. .
October
. November
December _ . - Monthly average
- -
509
594
646
603
648
803
741
642
628
616
597
572
633
1955
646
617
679
691
709
725
677
731
692
652
594
543
663
Production
Shipments
Stocks (gross), mill,
end of month
Unfilled, end of month
1954
1956
201
251
257
238
261
355
331
297
290
276
259
239
271
661
613
671
667
659
606
617
669
586
649
561
463
619
1955
1956
275
275
270
287
261
240
221
215
211
198
174
158
232
276
303
273
290
285
274
288
285
293
269
229
217
274
1954
1955
598
601
665
624
603
618
634
596
581
582
594
636
611
610
616
717
676
710
700
637
687
672
656
652
630
664
1956
671
629
667
654
696
633
632
668
595
682
632
562
643
1954
510
544
640
622
625
709
765
676
635
630
614
592
630
1955
609
590
709
674
714
736
663
734
684
676
634
555
665
1956
603
613
676
650
685
627
636
675
590
662
585
479
623
1954
2,064
2,121
2,146
2,148
2,126
2,035
1,904
,824
,770
,722
,702
,746
1,942
1955
1956
1, 747
1, 773
1, 781
1, 783
1, 779
1, 743
1,717
1,670
1, 658
1, 638
1, 656
1, 731
1,723 !
1, 799
1, 815
1, 806
1, 810
1, 821
1, 827
1,823
1,816
1, 821
1, 841
1, 888
1, 971
1,836
Western Pine
Orders
Month
New
1954
January
February
March
April .
. .
May
June
July.-.
August
September
...
October
November .
December..
Monthly average
...
478
518
670
681
683
803
724
795
763
751
702
676
687
1955
587
590
712
782
759
877
753
870
836
716
614
638
728
Production
Shipments
Stocks (gross) , mill,
end of month
Unfilled, end of month
1956
625
601
701
706
741
759
709
760
704
760
563
573
684
1954
366
383
418
427
410
463
499
516
459
422
382
439
432
1955
485
477
493
543
513
514
511
453
454
380
367
418
467
1956
457
459
498
489
441
424
415
347
359
361
319
365
411
1954
399
450
575
647
729
733
646
805
865
832
689
613
665
1955
503
547
645
693
779
891
770
978
888
867
652
605
735
1956
527
549
631
695
816
847
772
945
796
836
621
518
713
1954
453
502
636
672
700
749
689
780
826
802
664
621
675
1955
562
598
696
732
789
876
756
928
835
790
627
587
731
1956
586
599
662
715
789
776
718
828
692
758
605
527
688
1954
,822
,770
,710
,684
,712
,696
,652
,676
,716
,746
1,771
1,764
1,727
1955
1,703
1,648
1,601
1,567
1,565
1,586
1,596
1,646
1,693
1,764
1,786
1,801
1,663
1956
1,745
1,698
1,673
1,654
1,680
1,750
1,803
1,917
2,017
2,094
2,110
2,103
1,854
1
Source: National Lumber Manufacturers Association. Data reflect the latest revised industry estimates; the 1954 production estimates are adjusted to data from the 1954 Census of
Manufactures.
Wlonttfr BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
Data from private sources are provided
1957
January
February
March
April
May
June
July
October
August September
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:
National income, total
bil of dol
Compensation of employees total
Wages and salaries, total
Private
_ __ _
Military
Government civilian
_
Supplements to wages and salaries
344 5
353 3
355 1
358 1
242 7
228.3
190.1
9.7
28.5
14.4
247 9
233.3
194.7
251 1
235.9
196.8
28.9
14.6
29.4
15.3
254 0
238 6
199.1
9 7
29.7
15 4
257.0
241. 3
200.9
9.8
30.6
15.7
50.0
28 2
11.5
10 4
50.7
28 3
12.0
10 4
50.3
28 4
11.5
10 4
50 7
28 7
11.7
10 4
51.3
29.1
11.8
10.4
39 8
40.8
20 8
19.9
—1 0
42 4
45.6
23 3
22.3
—3 2
41 2
43.9
22 4
21.5
—2 7
do
12.0
12.3
do
do
do
do
do
do
Proprietors' and rental income, totald"
do
Business and professionalcf
do
Farm
do
Rental income of persons
do
Corporate profits and inventory valuation adjustment total
bil of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
9.7
9.6
40
42
21
20
—1
7
0
4
5
3
— 9
12 5
12 7
13.0
do
416.7
426.0
429 1
434 3
439.0
Personal consumption expenditures, total
Durable goods
Nondurable goods
Services
do
do
do
do
268.6
33 0
134.4
101 1
272.
34
135.
102
3
8
3
2
276.7
35 9
137 3
103 4
278.9
35 0
139.1
104 9
283.6
35 0
142.5
106 1
Gross private domestic investment, total
New construction
_
__ __
Producers' durable equipment
Change in business inventories
do
do
do
do
65.5
33.2
29.0
3.3
68.5
33.4
29.9
62 7
32.8
30 7
65 0
32.7
30.5
65.5
33.0
30.5
—.8
1.7
2.0
2.0
2.4
4.1
3.5
3.2
80.6
47.3
42.7
85 6
50 3
45 5
35.3
86 9
51.1
46 3
35.8
86 7
50 6
45 8
36.1
Gross national product, total
Net foreign investmentdo
Government purchases of goods and services, total
bil of dol
Federal (less Government sales)
do
National security 9
do
State and local __
do
5.1
33.3
82.8
49.0
44 2
33.9
Personal income, total
Less' Personal tax and nontax payments
Equals: Disposable personal income
do
do
do
328.7
39 8
288.8
334.5
40 5
294.0
337 7
42 2
295.5
342 8
42 9
299.9
346 5
43 6
302.9
Personal saving §
do
20.3
21 7
18 9
21 0
19 3
bil. of dol..
331.1
334.1
334.9
334.8
335.9
337.9
339.5
340.6
342.9
344.8
346.2
346.8
«• 346. 6
345.6
230.4
99.6
60.9
31.5
38.4
231.8
100.8
60.8
31.8
38.4
233.1
101.2
61.4
31.9
38.6
235.3
102.7
61.6
32.2
38.8
234.5
101.4
62.0
32.2
38.9
235.9
102.0
62.4
32.4
39.1
237.2
102.3
63.0
32.6
39 3
237.1
102.4
62.7
32.9
39 1
238.3
102.4
63.4
33.0
39.5
240.1
103.3
63.8
33.2
39.8
240.9
103. 0
64.5
33.4
40 0
241. 7
102.8
64.7
33.7
40 5
' 241. 5
r 102. 2
' 64. 8
33.9
r
40 6
239.9
100.8
64.6
33.9
40.6
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
Wage and salary disbursements, total
Commodity-producing industries
Distributive industries
Service industries
_
_
Government
do
do
do__.
do
do
7.6
7.7
51.3
30.2
18.9
7.7
7.7
49.9
30.1
18.8
50.7
30.4
18.9
50.2
28.5
19.0
50.2
30.7
19.5
50.4
30.8
19.7
50.4
30.9
20.0
7.8
7.9
7.9
50.6
31.0
20.8
50.8
31.2
21.6
50.9
31.2
21.5
51.6
31.4
21.3
5.7
5.8
5.9
5.9
6.7
6.7
6.8
6.7
6.8
6.8
6.9
6.9
316.1
317.7
324.5
325.3
327.5
329.3
319.3
319.6
320.7
322.7
Total nonaericultural income
do
r
Revised.
cf Includes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
330.5
331.3
Other labor income
do
Proprietors' and rental income
do
Personal interest income and dividends
do.__
Transfer payments
do
Less personal contributions for social insurance
bil. of dol. _
7.7
7.8
7.8
7.8
8.0
51.2
31.6
21,2
8.0
51.1
'31.6
' 21. 2
6.8
' 331. 3
8.0
51.0
31.7
21.8
6.8
330.3
S-l
SURVEY OF CUEEENT BUSINESS
S-2
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:
All industries
1
. ._ _ mil. ofdol.
8,901
9,838
8,282
9,590
- -do do
do
3,834
1,960
1,874
4,428
3,505
2,089
1, 759
1, 746
4,183
2, 120
2 063
4,414
2, 243
2 171
do_ _
do
do
do
do
314
277
2,725
346
332
450
1, 452
2,830
300
342
358
1,205
2, 572
327
362
478
1 510
2 730
325
409
461
1 823
2 525
Seasonally adjusted quarterly totals at annual rates:
All industries
bil of dol
35.87
36.46
36.89
37 03
Manufacturing
. ._ _
Durable-goods industries
Nondurable-goods industries
Mining
- - - _
Railroads
Transportation other than rail
Public utilities
Commercial and other
2, 339
443
1, 308
1
9, 957
37 23
Manufacturing
Durable-goods industries
_
Nondurable-goods industries
do
do.
do
15.78
8.20
7.58
15.81
8.21
7.60
16.12
8.09
8.03
16 25
8 31
7 94
16 21
8 32
7 89
Mining
Railroads
Transportation other than rail
Public utilities
Commercial and other
do
do
do
do
do
1.26
1.20
1.79
5.08
10. 76
1.28
1.23
1.76
5.27
11.11
1.35
1.42
1.52
5.72
10.76
1 28
1 35
1 82
5 93
10 40
1 25
1.55
1 79
6 33
10 10
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments total
mil. of dol
3,103
3,988
3,425
2,789
2,615
2,049
1,909
1,950
2,057
2 317
2,610
2,715
2,954
3,066
3,335
2,749
1, 669
1,397
354
756
269
3,816
2,193
1,623
363
931
308
1,891
1,444
355
771
301
1,441
1,308
367
649
271
2,571
1,187
1,384
373
766
215
2,018
802
1,216
352
627
1,928
557
1,371
393
711
231
2,036
566
1,470
433
759
232
2 070
747
1 323
415
654
220
2,441
1,018
1,423
394
776
230
2.579
2,847
•208
1,880
576
1,304
398
645
229
1,103
1,476
381
824
253
1, 364
1,483
365
831
267
126
155
103
157
204
119
137
176
106
113
134
96
105
110
102
83
75
89
77
54
96
79
52
101
84
53
108
85
69
97
100
95
104
106
103
108
117
127
109
143
163
129
182
219
155
158
182
140
127
134
122
120
113
126
97
78
111
90
52
118
90
46
123
96
49
132
97
70
118
111
97
122
116
106
124
130
135
126
146
151
147
144
145
148
148
144
143
145
135
'145
' 145
P147
- do _ do
do _
_ _ _ do
do
148
161
145
158
159
153
168
149
162
170
149
166
146
159
169
146
166
142
158
170
146
164
146
160
170
149
167
149
160
167
150
166
144
154
166
146
163
140
147
175
144
159
134
142
171
146
162
136
140
167
136
150
118
128
••157
146
159
128
134
' 160
147
158
'128
'134
153
* 149
"159
v 128
* 133
- __do
do
do
do
do
172
144
177
155
220
180
145
182
153
237
181
138
178
152
227
183
139
178
158
217
181
136
175
158
208
185
138
177
160
210
184
138
177
161
208
179
140
169
157
194
174
136
166
154
189
176
139
168
153
197
167
134
158
146
182
173
141
'166
'143
••211
' 172
144
' 172
'148
'217
v 172
v 142
f 169
P 143
P219
181
59
98
570
171
125
133
157
150
202
105
103
582
173
127
130
165
154
218
164
102
601
174
122
117
161
150
225
177
101
619
175
125
104
156
145
224
174
98
624
173
118
104
148
136
231
178
113
630
174
119
112
151
137
228
171
109
633
174
119
112
153
139
222
155
120
630
174
117
117
155
137
213
144
113
608
171
115
118
158
137
216
156
119
606
171
118
131
159
139
203
134
103
597
168
116
105
' 150
131
'207
148
103
'588
'172
124
125
'163
144
' 190
84
84
'576
'175
'125
' 121
'163
' 150
* 198
P88
134
130
134
129
100
116
106
137
127
129
142
101
120
118
132
117
119
148
100
110
109
125
106
108
138
99
98
93
128
101
104
139
95
90
86
131
103
104
133
96
97
93
133
105
104
131
96
110
105
128
104
102
123
98
110
102
129
107
104
124
99
119
107
130
116
111
120
102
137
122
122
115
114
116
104
121
104
133
122
123
118
103
119
100
111
102
101
87
108
104
160
152
115
109
113
94
118
104
169
162
111
105
109
86
108
100
162
159
87
99
104
78
101
95
145
142
110
101
108
74
113
102
157
158
114
105
111
81
119
115
161
160
111
106
111
79
126
115
163
159
104
99
103
78
110
106
161
159
113
100
106
81
112
98
158
157
121
100
103
87
109
105
161
155
102
83
85
67
96
92
139
132
120
100
104
'82
115
112
165
157
139
177
192
145
151
135
145
182
198
140
146
144
144
181
199
143
152
129
142
181
199
145
158
132
136
184
205
148
160
147
139
186
207
145
154
148
144
186
206
139
149
148
143
184
206
137
145
135
142
184
206
139
148
133
140
179
200
139
147
132
134
174
194
139
146
112
'136
'181
'200
144
152
135
Farm marketings and CCC loans, total
do
Crops
_ _ _ _ do
Livestock and products, total 9
do
Dairv products
do
Meat animals
do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1947-49=100
Crops
-- --- do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:
All commodities
1947-49=100
Crops
- - - do
Livestock and products
do
INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted combined index
1947-49=100
Manufactures
Durable manufactures
Primary metals 9
Steel
-Primarv nonferrous metals
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment 9
. - do _ .
Autos
- - -- do_
Trucks
do
Aircraft and parts
_
do_
Instruments and related products - - do
Furniture and
fixtures
do
Lumber and products
do
Stone clay and glass products
. do
Miscellaneous manufactures
..do Nondurable manufactures
Food and beverage manufactures
Food manufactures 9
M^eat products
Beverages
\lcoholic beverages
_- do _ _
do
do
do
do
do
Textile mill products 9
Cotton and synthetic fabrics
Wool textiles
Apparel and allied products
do
do
do
do
Paper and allied products
Pulp and paper
do
do
Printing and publishing
Industrial chemicals
Petroleum a n d coal products
do -_
do
_ _ _ _ _ do.
Rubber Droducts
do_-_
r
p
Revised.
Preliminary.
* Estimates based on anticipated capital expenditures of business; those for the 4th quarter of 1957 appear on p. 5 of the September 1957 issue of the SURVEY.
136
127
130
130
102
* 563
pl73
v 124
v 163
p 149
p 138
102
106
79
109
162
153
'145
185
206
147
' 155
* 149
p 143
tRe1visideannualI1data fo^951-56 (monthly, January 1954-May 1956) for farm income and marketings appear on p. 23 of this issue of the SURVEY; those for the indexes of cash receipts and
volume of marketings will be shown later.
SUEVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-3
1957
January
February
March
April
May
June
July
October
August September
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
Unadjusted index— Continued
Minerals
.1947-49=100
Coal
do
Crude oil and natural gas
do
Metal mining
do
Stone and earth minerals
do
_
Wholesale trade, total
Durable-goods establishments.
Nondurable-goods establishments
Retail trade, total
Durable-goods stores .
Nondurable-goods stores
131
83
155
111
137
132
82
153
135
145
130
88
145
150
148
123
65
145
137
149
130
'86
146
139
154
'129
9128
' 145
9144
86
987
136
155
146
147
146
146
145
143
143
144
144
145
144
9142
147
165
146
149
167
145
147
164
144
148
164
143
147
162
137
145
160
134
145
159
132
146
162
132
146
161
146
159
'132
147
162
136
1*143
9155
9126
do
do
do
do
do. _ .
174
139
175
158
210
176
140
175
156
211
180
139
175
155
214
183
141
177
157
216
180
137
173
154
208
180
138
172
155
204
179
137
172
155
204
176
140
166
151
196
175
136
168
152
199
177
139
171
151
209
177
141
173
152
214
_do
do
do
_- _do __
do
do_ _
do
193
112
171
122
126
154
146
203
121
172
122
120
157
146
216
137
172
119
119
157
144
223
143
173
120
117
158
144
221
139
173
118
114
155
140
224
140
174
118
113
155
136
222
135
173
118
111
155
137
217
126
172
121
113
155
140
213
124
171
121
115
158
139
215
127
171
121
125
157
142
210
123
173
124
114
155
141
do
do
do
do
do
do
do
130
114
115
112
106
103
113
131
113
114
111
106
105
117
129
114
113
115
109
103
108
130
114
113
117
107
103
110
131
111
111
113
112
100
109
131
113
113
111
116
101
110
131
113
113
115
111
101
111
129
110
111
108
109
99
109
130
111
111
111
110
98
113
130
112
112
115
111
100
113
130
114
115
108
114
97
113
do
do
do
do
do
do __
do
102
159
137
177
194
143
132
101
160
140
177
196
140
134
104
160
139
177
195
143
126
102
157
140
179
199
145
137
102
159
141
184
205
147
145
106
157
141
183
205
143
145
107
157
141
182
202
141
142
106
156
141
183
204
142
131
102
158
142
185
206
142
130
106
159
141
182
198
138
129
103
156
140
185
131
86
151
123
143
131
85
151
132
141
130
87
149
128
142
130
80
153
127
141
131
82
154
120
142
133
87
154
122
142
133
92
152
121
143
130
87
151
118
140
130
82
153
113
142
127
86
146
119
142
127
83
147
112
143
113
128
139
141
137
143
142
130
124
131
111
59
151
164
141
117
122
270
112
154
177
137
118
128
217
110
149
174
129
113
125
188
110
157
178
140
116
144
201
112
155
171
143
116
151
196
111
140
155
128
113
131
159
107
131
144
122
108
125
153
106
140
156
129
110
131
180
108
...
'205
139
133
124
129
129
127
106
148
129
117
142
143
152
136
154
168
143
147
169
130
149
167
134
144
159
132
131
141
124
131
139
126
137
134
142
113
137
113
133
137
144
133
218
109
218
113
181
114
189
114
185
111
167
109
lei
r 142
186
208
145
'129
'128
144
'84
150
82
118
126
186
108
226
108
259
111
109
256
116
9120
133
'128
9122
141
145
'134
9127
'138
'116
123
115
134
248
114
129
141
237
115
54.2
55.9
56.3
57.0
57.9
57.4
56.2
56.4
56.8
56.4
57.4
57.0
56.3
28.7
14.4
14.3
28.5
14.3
14.2
28.8
14.5
14.3
30.0
14.9
15.0
29.5
14.8
14.7
28.4
14.2
14.2
28.7
14.3
14.4
28.6
14.3
14.3
28.1
14.2
13.9
29.0
14.6
14.5
28.6
'14.3
'14.3
28.2
14.1
14.1
do
do
...do
11.1
11.4
11.6
11.8
11.6
11.5
11.4
11.3
11.5
11.4
11.4
11.4
11.2
4.4
4.6
4.4
4.4
4.2
4.3
4.3
4.3
4.2
988
9llg
9111
4.1
7.0
do
do
do
15.9
15.9
16.2
16.3
16.3
16.4
16.3
16.4
16.6
16.8
17.0
17.0
16.9
10.5
10.4
10.5
10.5
10.6
10.6
10.6
10.7
10.9
11.0
11.2
11.3
11.2
86.9
87.8
88.5
89.1
89.3
89.6
89.9
90.1
90.6
90.7
91.0
'91.3
91.4
50.8
29.5
21.4
51.8
30.2
21.5
52.2
30.6
21.6
52.3
30.7
21.6
52.4
30.6
21.8
52.9
31.0
22.0
53.3
31.2
22.1
53.7
31.5
22.2
53.9
31.6
22.3
53.9
31.4
22.4
54.1
31.7
22.4
'54.2
'31.7
'22.5
54.1
31.7
22.4
12.6
12.7
12.8
13.0
12.9
12.8
12.8
12.8
12.7
12.7
12.7
12.8
12.8
5.3
do
do
do
Wholesale trade, total
do
Durable-goods establishments _ _ _ _ _ _ _ _ do.
Nondurable-goods establishments
do
4.4
9127
'115
27.1
13.4
13.7
4.3
9143
84
150
119
141
268
119
do
do
do
4.2
9145
9121
124
237
110
141
'186
'204
'141
9120
134
232
113
105
'163
103
114
'118
138
113
123
113
112
110
99
111
'119
137
112
119
9132
131
'113
9155
9140
132
141
114
119
132
112
113
144
139
148
133
132
114
128
9203
9121
"171
»119
121
134
110
105
105
143
106
123
115
144
'205
'122
'175
'121
'114
'160
'145
127
'175
'122
'120
'160
116
123
114
130
'210
9170
9136
9163
9146
9195
79
148
do
115
136
'170
'151
'207
118
146
122
158
265
118
118
149
174
140
'173
'152
'213
'118
'145
132
105
158
122
142
312
118
158'
'130
177
140
'149
do
do
do
do
do
do
do
Manufacturing and trade inventories, book value, end
of month (seas, adj.), total
bil ofdol
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
131
88
156
95
133
146
Major consumer durables
do
Autos..
-_
do...
Major household goods
.
do
Furniture and floor coverings
do
Appliances and heaters
do
Radio and television sets
do
Other consumer durables. _ _. __ __
do
BUSINESS SALES AND INVENTORIES!*
Manufacturing and trade sales (seas, adj.), total
bil ofdol
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
131
87
157
98
129
147
163
147
Minerals
_
do
Coal
__
do
Crude oil and natural gas
do
Metal mining
do. ..
Stone and earth minerals
do
CONSUMER DURABLES OUTPUT
Unadjusted, total output
1947-49=100..
Seasonally adjusted, total output
130
85
158
91
128
144
Nondurable manufactures
Food and beverage manufactures
Food manufactures
Beverages
Tobacco manufactures
Textile-mill products
Apparel and allied products
Major consumer durables
Autos
Major household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables.
129
83
155
94
138
146
162
148
Metal fabricating (incl. ordnance)
Fabricated metal products
Machinery.
Nonelectrical machinery
Electrical machinery
Leather and products
Paper and allied products
Printing and publishing
Chemicals and allied products
Industrial chemicals
Petroleum and coal products
Rubber products
130
90
149
114
144
do
_ do
do
._
Transportation equipment
..
Autos, trucks, and parts
Instruments and related products
Furniture and
fixtures
Lumber and products
Stone, clay, and glass products. _ _.
Miscellaneous manufactures
132
93
147
142
150
do
Seasonally adjusted, combined index
Manufactures
Durable manufactures
Primary metals
132
90
147
142
151
.
6.4
6.2
5.5
6.4
6.3
5.7
6.5
6.3
5.8
6.6
6.4
5.7
6.5
6. 3
5.7
6.5
6.3
5.7
6.5
6.3
5.6
6.5
6.3
5.8
6.5
6.2
5.8
6.6
6.1
5.8
6.7
6.0
5.7
6.7
6.1
5.7
6.7
6.1
23.7
23.9
24.1
24.1
23.4
23.3
23.9
24.0
23.9
23.5
23.7
Retail trade, total
do
' 24.3
24.5
10.4
10.6
10.2
10.7
10.7
10.1
10.8
10.8
10.7
10.8
10.8
11.0
Durable-goods stores
. . do
11.2
13.2
13.2
13.2
13.2
13.3
13.2
13.2
13.1
13.1
13.0
13.1
13.3
Nondurable-goods stores
... _ ...
do
13.2
' Revised.
* Preliminary.
§The term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted,
data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
JData beginning January 1951 for wholesale trade (not published in the 1957 edition of BUSINESS STATISTICS) appear on p. 32 of the August 1957 SURVEY; those for January 1948-December 1950 are available upon request.
SURVEY OF CUEEENT BUSINESS
S-4
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
28, 226
'29,063
' 14, 231 13, 683
'2,262
2,195
1,621
' 1, 632
' 4, 134
4,201
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales, value (unadjusted), total
_mil. of dol
Durable-goods industries, total _
do
Primary metal
_ do_
Fabricated metal
do
Machinery (including electrical)
- - do
Transportation equipment (including motor
vehicles)
mil. of dol
Lumber and furniture
__do
Stone clay and glass
do
Other durable-goods industries
do
Nondurable-goods industries total
Food and beverage
Tobacco
Textile
Paper
_
Chemical
Petroleum and coal
Rubber
Other nondurable-goods industries
-
do
do
do
do
do
do
do
do
do
Sales value (seas adj ) total
do
Durable-goods industries, total
do. ._
Primary metal
do
Fabricated metal
- - do _
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil of dol
Lumber and furniture
._
do
Stone, clay, and glass
do
Other durable-goods industries
do
Nondurable-goods industries, total
Food and beverage..
Tobacco
Textile
_ _ _ _.
Paper
Chemical
Petroleum and coal
Rubber
.
Other nondurable-goods industries
__
do
do
do
do
-do _
do
-do _
-do. __
-do
Inventories, end of month:
Book value (unadjusted), total
do. _ _
Durable-goods industries, total
_ _ _ do _ _
Primary metal
do. ..
Fabricated metal
- - do
Machinery (including electrical)
do. __
Transportation equipment (including motor
vehicles)
mil of dol
Lumber and furniture
do
Stone, clay, and glass
do__
Other durable-goods industries
do
By stages of fabrication :J
Purchased materials
- bil. of dol. _
Goods in process
do
Finished goods
_ - _-do
Nondurable-goods industries, total
mil. of dol__
Food and beverage
do
Tobacco
do
Textile
do
Paper
do _
Chemical
do
Petroleum and coal
. __do
Rubber
-do
Other nondurable-goods industries
do
By stages of fabrication:*
Purchased materials
- bil. of dol ._
Goods in process
do
Finished goods
_ _
do
Inventories, end of month:
Book value (seas adj ) total
mil. of dol
Durable-goods industries, total
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical)
__do
Transportation equipment (including motor
vehicles)
mil. of dol
Lumber and furniture
do
Stone clay and glass
_ do _
Other durable-goods industries.
do
By stages of fabrication :}
Purchased materials
bil of dol
Goods in process
do
Finished goods
do_- _
27, 478
13, 351
2,389
1,514
4,081
30, 286
14, 963
2,660
1,710
4,371
28,771
14, 475
2,521
1,508
4,085
28,070
14, 372
2,394
1,332
4,390
28, 928
14, 363
2,574
1,463
4,080
27, 869
13, 975
2,374
1,438
4,171
29,815
15, 033
2,592
1,551
4,485
29,010
14,768
2,481
1,642
4,355
29,116
14,833
2,425
1,585
4,425
28,278
14,590
2,484
1,552
4,459
27,196
13, 336
2.068
1,491
3,970
2,260
1,197
767
1,143
2,816
1,180
913
1,313
3,445
1,039
754
1,123
3,699
895
626
1,036
3,611
989
646
1,000
3,467
941
628
956
3,590
1,010
740
1,065
3,489
995
728
1,078
3,496
975
799
1,128
3,187
1,027
763
1,118
3,193
868
721
1,025
14, 127
4, 323
325
1,215
855
1,987
2,558
440
2,424
15, 323
4,605
371
1,391
959
2,043
2,711
507
2,736
14,296
4,264
356
1,192
895
1,865
2,799
442
2,483
13, 698
4,088
343
1,072
816
1,780
3,037
461
2,101
14, 565
4, 260
338
1,143
923
2,002
3,273
491
2,135
13, 894
4,077
312
1, 131
840
1,853
2,871
460
2,350
14, 782
4,347
321
1,163
901
2,055
3.045
495
2, 455
14, 242
4,196
347
1,030
928
2,005
2,907
500
2,329
14,283
4,394
387
1,031
916
2,100
2,900
486
2,069
13, 688
4,291
382
1,022 !
886
1,886
2,780
481
1,960
13,860 ' 14, 832
14, 543
4,362 ' 4, 499
4,496
398
'386
378
939
1,137
1,085
833
'952
924
1,848
' 1, 988 2,031
2,931
' 2, 920 2,724
509
519
2,040
' 2, 431 2,412
27, 146
13, 449
2,334
1,440
4,058
28, 696
14, 393
2, 551
1,548
4, 230
28, 480
14,294
2, 531
1,487
4, 189
28, 846
14, 526
2,462
1,418
4,241
29, 956
14, 941
2,594
1,594
4,342
29, 534
14, 808
2,453
1,573
4,290
28, 426
14, 198
2,389
1,514
4,158
28, 679
14, 254
2,357
1,625
4,242
28,617
14,296
2,263
1,562
4,354
28,142
14,207
2,289
1,492
4,259
29, 030
14, 573
2,447
1,605
4,447
2,696
1,122
727
1,072
3,067
1,065
776
1,156
3,234
1,019
741
1,093
3,530
1,014
746
1, 115
3,570
1,039
751
1, 051
3,620
1,053
766
1, 053
3,406
952
747
1,032
3,240
989
707
1,094
3,276
978
747
1,116
3,241
1,076
741
1,109
3,251
957
736
1,130
13, 697
4,109
329
1,125
859
1, 875
2, 629
461
2, 310
14, 303
4,280
350
1,172
895
1,979
2,727
477
2,423
14, 186
4,240
337
1,109
888
1,940
2,763
462
2,447
14, 320
4,278
372
1,147
868
1,936
2, 786
474
2,459
15,015
4,558
363
1,174
942
1,C96
3,241
496
2,245
14, 726
4,447
371
1,252
875
1,930
2,960
495
2,396
14, 228
4,333
349
1,144
858
1,908
2,928
476
2,232
14, 425
4,322
358
1,073
919
1,894
3,028
490
2,341
14, 321
4,340
352
1,079
907
1,996
2,959
481
2,207
13, 935
4, 183
382
1, 063
S77
1,894
2,780
458
2,298
14, 457
4,323
375
1,089
896
2,008
2,991
514
2,261
50, 480
29, 154
3,761
2, 942
9. 975
51, 262
29,850
3, 913
3,002
10, 134
51, 965
30, 346
4,031
3,062
10, 309
52. 515
30, 591
4,119
3,056
10, 316
52, 941
30, 835
4,068
3, 106
10, 408
53, 320
31, 196
4,077
3,165
10, 524
53, 670
31,512
4, 018
3,242
10, 614
53, 827
31, 778
3,962
3,286
10, 662
53,985
31, 873
4,053
3,272
10, 811
54,043
31, 749
4,043
3,292
10, 760
53, 762 ' 53, 576 53, 533
31,450 ' 31, 225 31, 233
4,173 ' 4, 314 4,421
3,240
3, 081
' 3, 151
10, 584 ' 10, 481 1!), 455
7,195
1,827
1,084
2, 370
7,573
1,816
1,079
2,333
7,659
1, 843
1,110
2, 332
7,714
1, 855
1,159
2,372
7,803
1,869
1,179
2,402
7,878
1,889
1,217
2,446
7,951
1,945
1, 233
2, 509
8,124
1,922
1,257
2,565
7,969
1,904
1,265
2.599
7,899
1,877
1,267
2,611
7,781
1,871
1,239
2, 562
8.4
12.3
8.5
8.5
12.6
8.7
8.7
12.7
8.9
8.9
12.7
9.0
8.6
12.9
9.3
8.6
13.1
9.5
8.5
13.3
9.7
8.3
13.6
9.8
8.4
13.5
10.0
8.5
13.3
9.9
8.5
13.2
9.7
21, 326
4,988
1,814
2,577
1,307
3,414
3,264
9i<6
2,966
21,412
5,017
1,856
2,562
1,301
3, 487
3,300
1,002
2,887
21,619
5,111
],895
2,582
1,325
3,539
3,252
1,014
2,901
21, 924
5,061
1,959
2,663
1,362
3,633
3,249
1,049
2,948
22, 106
5,001
2,131
2,739
1, 362
3,648
3,102
1,057
3,066
22, 124
4,902
2, 132
2, 736
1,412
3,701
3,101
1,057
3,083
22, 158
4,754
2,105
2,748
1,455
3,725
3,157
1,071
3,143
22. 049
4,622
2,075
2,698
1,453
3,750
3,202
1,062
3,187
22, 112
4,504
2,027
2,720
1,453
3,716
3,346
1,065
3,281
22,294
4,524
1,981
2,691
1,442
3,744
3, 451
1,058
3,403
22, 312
4,629
1,936
2,678
1,430
3,716
3, 529
1,024
3,370
8.2
2.9
10.2
8.4
2.9
10.1
8.6
2.9
10.2
8.9
2.9
10.2
8.9
3.0
10.2
8.9
3.0
10.2
8.9
3.0
10.2
8.8
3.0
10.3
8.7
3.0
10.4
8.7
3.0
10.6
8.7
3.0
10.6
50, 842
29, 451
3,687
3,002
10,089
51, 751
30, 232
3,824
3,127
10, 294
52, 210
30, 647
3,891
3,157
10, 404
52, 295
30, 660
3,975
3,183
10, 409
52, 434
30, 631
3,962
3,169
10, 444
52, 918
30, 961
4,071
3,230
10, 454
53, 334
31, 185
4,102
3,210
10, 478
53, 663
31, 462
4,114
3,222
10, 509
53,909
31, 566
4,192
3,146
10,624
53, 853
31,438
4,207
3,077
10, 601
54, 093
31, 696
4.245
3,146
10, 622
7,280
1,870
1,129
2,394
7,552
1,892
1,148
2, 395
7,714
1,895
1,168
2,418
7,630
1,869
1,171
2, 423
7,632
1,839
1, 156
2,429
7, 738
1,865
1, 170
2,433
7,825
1,914
1,174
2,482
8,016
1,890
1,209
2,502
7,975
1,865
1,240
2,524
7,919
1,845
1,254
2,535
8,038
1,857
1,239
2,549
8.2
12.3
8.9
8.5
12.6
9.1
8.6
12.9
91
8.7
12.8
9.2
8.6
12.8
9.2
8.7
12.9
9.3
8.7
13.0
9.4
8.6
13.4
9.4
8.5
13.4
9.6
8.4
13.3
9.7
8.4
13.5
9.8
21, 803
4,820
2,010
2,766
1,362
3,593
3,133
1,047
3,072
21, 957
4,867
2,030
2,694
1,398
3,643
3,197
1,036
3,092
22, 149
4,872
2,024
2,692
1,426
3,676
3,255
1, 030
3,174
22, 201
4,876
2,054
2,628
1,439
3,730
3,267
1,031
3,176
22, 343
4,869
2,047
2,625
1,453
3,729
3,380
1,024
3,216
22, 415
4,882
2,064
2,612
1,442
3,692
3,486
1,027
3,210
22, 397
4,804
2,038
2,642
1, 430
3,728
3,494
1,045
3,216
8.6
3.0
10.2
8.7
3.0
10.3
8.7
3.0
10.4
8.7
3.0
10.6
8.9
2.9
10.5
9.0
3.0
10,5
9.0
2.9
10.5
21, 563
21, 635
21, 519
Nondurable-goods industries, total
mil. of doL. 21, 391
4,814
4,799
4,831
4,809
Food and beverage
do
1,884
1,895
1,870
1,875
Tobacco
do
2,674
2, 7] 3
2,648
2,676
Textile
do
1,349
1,338
1,320
1,328
Paper
do
3,594
3,582
3, 504
3,558
Chemical
do
3, 249
3,204
3,188
3,169
Petroleum and coal
_
_ _do_ _
1,039
1,035
1,044
1,038
Rubber
do
3, 008
3,011
3,025
3,037
Other nondurable-goods industries
do
By stages of fabrication :J
8.6
8.5
8.4
8.6
Purchased materials
bil. of dol
2.9
3.0
2.9
3.0
Goods in process
do
10.1
10.1
10.0
10.0
Finished goods
.-do
f Revised.
JData beginning January 1953 appear on p. 20 of the September 1957 SURVEY.
' 3, 256
' 1, 031
'793
' 1, 123
2,893
1,009
678
1,086
' 28, 638
28, 236
' 14, 297 14, 114
' 2, 362 2,177
' 1, 520
1,538
' 4, 281 4, 220
' 3, 448
'925
'708
' 1, 053
3,513
953
652
1,061
' 14, 341 14, 122
' 4, 357 4,282
'354
382
'1,072
1,022
'915
924
' 2, 008
1,969
' 2, 920 2, 8"8
514
' 2, 201 2,221
r
7,713
' 1, 853
' 1, 186
' 2, 527
8.5
'13.3
9.5
7,737
1,849
1,192
2,498
8.5
13.2
9.5
' 22, 351 22, 300
' 4, 830 4,863
1,924
' 1, 923
' 2, 623 2,565
1,396
'1,415
' 3, 679 3,657
' 3, 587 3,710
1,010
3,154
' 3, 284
8.7
3.0
••10.7
8.8
3.0
10.5
' 54, 203
54, 112
' 31, 742 31, 741
' 4, 326
4,365
3,144
' 3, 151
' 10, 609 10, 638
'
'
'
'
8, 035
1, 872
1, 210
2, 539
8.4
'13.6
9.8
7,935
1,894
1,242
2,523
8.4
13.4
9.9
' 22, 461
22, 371
' 4, 805 4,711
1,984
' 2, 024
2,634
' 2, 649
' 1, 429 1,410
' 3, 737 3,757
' 3, 517 3,602
1,074
3.199
' 3, 226
9.0
3.0
MO. 5
9.0
3.0
10.4
SURVEY OF CUERENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-5
1957
January
February
March
April
May
October
August September
June
July
26 155 r»• 27, 568
12, 881
12 318
1 938 ' 2, 063
1,522 »•r 1, 468
3, 905
3 904
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
New orders, net (unadjusted) , total
mil of dol
Durable-goods industries total §
do
Primary metal
do
Fabricated metal __
__
do
Machinery (including electrical) §
do
Transportation equipment (including motor vehicles)
mil of dol
Other durable-goods industries
do
26, 597
12, 182
2,013
1,499
3,681
27 038
13 007
2 140
1,600
4 019
29, 454
14 125
2,449
1,540
4,407
29, 428
15 145
2 614
1,354
4 366
28 839
15 068
2 452
1,458
4 304
28, 765
14 374
2 453
1,424
4 210
27, 540
13 712
2 495
1,461
4 188
29 291
14 611
2 597
1,538
4 450
27 673
13 349
2 103
1,500
4 091
28 328
13 949
2 251
1,638
4 136
27 538
13 716
2 217
1,427
4 512
2 375
2,873
2,520
3,209
3,919
2,892
4 575
2,279
3 452
2,835
2 957
2,611
3 181
2,845
2 936
2,719
3 181
2,743
2 609
2,951
2 256
2,698
14, 031
3,237
10, 794
15, 329
3,768
11, 561
14, 283
3,345
10, 938
13, 771
3,108
10, 663
14, 391
3,126
11, 265
13, 828
3,166
10, 662
14, 680
3,284
11 396
14, 324
3,341
10, 983
14, 379
3,233
11, 146
13, 822
3,148
10, 674
13, 837
2, 789
11,048
26, 767
13 042
2,341
1 524
4,104
28, 769
14, 312
2,511
1,481
4,585
29, 972
15 776
2,508
1,472
4,720
29, 005
14 543
2,372
1 488
4,127
28, 927
14 176
2,345
1 468
4,246
28, 647
14 102
2,403
1 554
4,268
28 066
13 853
2 330
1 398
4 205
27, 940
13 234
2,197
1 500
3,850
28 433
14 115
2 136
1 689
4,321
27, 055
13 249
2 306
1 486
4,103
27, 276 ' 27, 325 26, 742
13 005 ' 13 160 12 603
2,175
2,241
2,078
1 428
1 522
1 372
3 812
4 065
4,124
2,284
2 789
2,619
3,116
4,184
2,892
3,843
2 713
3,282
2 835
3,099
2 778
3 236
2 684
2,968
2 719
3,198
2 771
2,544
2 810
2,396
2 781
2 884
2 702
2,611
2 577
__ do _ .
do
do_
13, 725
3,270
10, 455
14, 457
3,521
10, 936
14, 196
3,279
10, 917
14, 462
3,378
11, 084
14, 751
3,158
11, 593
14, 545
3 231
11, 314
14, 213
3 188
11, 025
14, 706
3 554
11, 152
14, 318
3 191
11, 127
13, 806
2 970
10, 836
14, 271
2,936
11,335
'r14, 165
2 924
T
11, 241
14, 139
3 103
11, 036
Unfilled orders, end of month (unadj.), total
do
Durable-goods industries, total
do
Primary metal
do
Fabricated metal.
do
Machinery (including electrical)
__do _ _ _
Transportation equipment (including motor vehicles)
mil of dol
Other industries, including ordnance
do
63, 616
60, 487
7,204
4,724
19, 852
62, 784
59, 649
6,993
4,554
19, 888
63, 441
60, 319
7,086
4,400
20, 169
64, 210
61,015
7 144
4,526
20, 083
64 047 ' 63 718 63 194
60, 763
60 341
61, 026
7 149
7 023
7 144
4,487
4,510
4 497
20, 213
20, 230
20, 195
61 857
58, 922
6 771
4,355
19, 931
61 069
58 038
6 597
4,408
19, 642
60 329
57, 164
6 330
4,283
19, 695
59 288
56, 146
6 200
4,314
19, 629
' 57 793 56 164
53 295
r 54 796
T 6 001
5 819
r
4 028
4 150
18, 880
' 19, 400
23 530
5,177
23, 234
4,980
23, 708
4,956
24 584
4,678
24 425
4,878
23 915
4,964
23 506
4 994
22 953
4,912
22 638
4,753
22 060
4,796
21 123
4 880
' 20 421 19 863
r 4 824
4 705
3,129
3,135
3,122
3,195
3,021
2,955
2,853
2,935
3,031
3,165
3, 142
9,583
11, 546
9,749
10, 788
13, 387
10, 791
12, 049
12, 312
12, 220
11, 269
932
1,158
999
982
1,148
1 146
1 336
1 175
1 200
72
146
140
489
85
82
182
198
584
112
86
171
166
482
94
83
183
172
472
72
71
177
197
612
91
93
180
199
568
106
99
205
239
672
121
118
172
190
580
115
82
181
205
600
132
Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled ordersf
do
do
do
New orders, net (seas, adjusted), total!
do
Durable-goods industries, total §
do
Primary metal
do
Fabricated metal
do
Machinery (including electrical) §
do
Transportation equipment (including motor vehicles), __
__
mil. of dol
Other durable-goods industries
do
Nondurable-goods industries, total_
Industries with unfilled orders 9
Industries without unfilled or dersl__
Nondurable-goods industries, total 9
do__
BUSINESS INCORPORATIONS^
New incorporations (48 States) ___ _ __ _
r
' 2, 554
f 2, 891
2,335
2,654
14, 687
3, 070
11, 617
14, 415
3,072
11, 343
r
r
r
2 997
2 869
11, 686
11, 361
10, 526
1 084
1 059
1 145
1 071
93
164
179
553
95
81
153
181
570
74
91
165
204
588
97
94
164
182
535
96
1
number __
INDUSTRIAL AND COMMERCIAL FAILURES^1
Failures, total
number
Commercial service
_
Construction
Manufacturing and mining
Retail trade
_ _ _ _ _
Wholesale trade
Liabilities (current), total
do
do
do
do
do
_
thous. of dol
39, 313
50, 004
39, 886
50, 279
54, 060
65, 406
55 833
57, 103
52 552
51 454
44 299
43 514
45 420
Commercial service _ _
do
Construction _ _ _ _ _ _ _
_ __ _
_ _
do __
Manufacturing and mining
do
Retail trade. _.
_ _. _ _ _ .do _ _
Wholesale trade
do
2,058
7,840
9,539
15, 656
4,220
3,629
11, 145
17, 345
12, 368
5,517
1,854
11, 099
11, 714
11, 476
3,743
3,780
8,149
21, 785
10, 946
5,619
4,086
10, 672
16, 105
17, 862
5,335
2,493
8,440
33, 402
14, 780
6,291
3 833
10, 424
17 760
17, 816
6 000
3 878
9,090
16 286
15, 994
11 855
4 728
10 820
14 888
15, 686
6 430
3 551
10, 066
12 966
17, 715
7 156
5 024
7,629
14 039
12 715
4 892
2 331
109 426
I 847
14 752
3 158
4 554
5 618
13 901
13 657
7' 690
Failure annual rate (seas. adj.)*-_No. per 10,000 concerns.
51.4
53. 3
48.5
47.2
48.0
51.1
54.9
48.2
50.1
50.0
47.8
53.4
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products
Crops .
_
__ __
Commercial vegetables, fresh market
Cotton
Feed grains and hay
_ ___
Food grains
__
Fruit
Oil-bearing crops
Potatoes (incl. dry edible beans)
Tobacco
Livestock and products
Dairy products
Meat animals. __
Poultry and eggs
Wool
1910-14=100__
236
234
234
235
238
234
238
242
243
244
247
248
245
24(J
do
_ do__ _
do
do
do
233
181
275
196
222
231
208
270
178
225
237
266
270
182
232
237
263
262
185
234
238
237
256
187
236
234
236
255
181
235
237
252
252
181
235
242
294
258
180
233
244
315
266
179
225
241
283
270
173
218
239
288
273
170
218
233
248
278
169
217
228
221
279
163
217
•224
do
do
_ _ do
do
225
235
163
455
221
249
143
453
207
262
154
443
205
264
155
461
227
266
162
457
221
260
153
458
237
265
148
459
237
264
145
459
228
263
156
457
246
260
152
457
219
261
167
460
200
252
172
469
193
244
159
484
do
do
do
do
do
239
266
254
172
233
236
274
243
167
249
230
279
231
163
253
233
274
239
165
260
238
270
254
155
265
234
266
249
157
267
238
260
263
150
274
242
253
275
150
286
241
248
278
144
310
245
247
287
145
317
254
252
297
155
312
260
260
301
167
305
2*)9
266
279
252
265
279
250
267
281
252
268
283
252
269
283
255
271
284
256
272
284
258
273
285
260
273
286
259
273
287
257
273
287
257
273
287
257
'273
258
273
'286
'258
288
289
290
292
294
295
296
296
296
295
295
296
'296
81
81
82
80
81
82
82
82
84
84
S3
^1
_
Prices paid:
All commodities and services
do
Family living items
do
Production items _ _ _ _ _
_ _
_ _ _ _ do
All commodities and services, interest, taxes, and
wage rates
1910-14—100
Parity ratio©
___
T
_ _ do _ _ _
287
82
r
r
81
269
291
174
290
r 287
221
273
156
219
1 87
231
154
4-8X
254
277
274
180
279
Revised.
§Corrections of March 1955 new orders figures in 1957 BUSINESS STATISTICS (mil.dol.): Unadjusted—total durable goods, 14,755; machinery, 4,093; seasonally-adjustedtotal manufacturing, 26,810;.total durable goods, 13,538; machinery, 3,885.
- 9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurablegoods industries are zero.
IFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
cf Data are from Dun
& Bradstreet, Inc.
*New series; based on number of concerns listed in Dun & Bradstreet RefereneeBook. Data back to 1934 are available upon request.
© Ratio of prices received ,to jpricas
paid (including interest, taxes, and wage rates).
SUKVEY OF CURRENT BUSINESS
S-6
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1057
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100
213.1
213.4
213.8
213.9
214.1
214.9
214.7
214.9
215.3
216.6
217.5
217.9
Consumer price index (U. S. Department of Labor):
All items
1947-49 = 100 - -
117.1
117.7
117.8
118.0
118.2
118.7
118.9
119.3
119.6
120.2
120.8
121.0
106.5
113 1
109.8
114.8
101.3
106.8
113.1
110.7
113.9
100.8
107.0
112.9
111.1
115.8
98.8
107.0
112.9
111.3
117.4
98.0
106.4
112 8
111.2
116.9
99.0
106.1
113 6
111.1
116.5
101.4
106.8
113.2
110.7
116.1
100.6
106.5
113.8
110.5
118.7
102.0
106.5
114.6
110.0
122.5
103.7
106.6
116.2
110.0
126.8
106.9
106.5
117.4
110.5
126.9
109.5
106.6
117.9
111.5
121.3
111.9
107.3
117.0
113.1
114.8
110.3
do
do
do
- do
122.5
112.2
103.3
133.4
122.8
112.0
103.6
133.4
123.0
111.8
103.8
133.8
123. 5
112.0
104. 1
134.2
123.8
112.3
104 0
134.2
124.5
112.4
105.0
134. 2
124.9
112.4
104.9
134.4
125.2
112.4
105. 1
134.5
125. 3
112.3
104.2
134.7
125.5
112.3
104.6
135.0
125.5
112.3
104. 1
135.2
125.7
113.3
103.9
135. 4
126.3
113. 7
104.8
135.7
-- do
do
do
134.0
120.5
108.4
134.1
120.8
108.5
134. 5
121.4
109.0
134.7
121.8
109.3
135.3
122.1
109.9
135.5
122. 6
110.0
136. 4
122.9
110.5
136.9
123.3
111.8
137.3
123.4
111.4
137.9
124.2
111.8
138.4
124.7
112.4
138.6
124.9
112.6
139.0
125.1
113.3
do
do__
do _
128.6
118.7
173.0
132. 6
122.9
173.0
133.2
123. 5
173.4
133.1
123.3
174.1
133.6
123.8
174.9
134.4
124.5
175.8
135.1
125. 2
175.8
135.5
125.5
176.8
135. 3
125. 4
176.8
135.3
125.4
176.8
135. 8
125.6
180.2
135.9
125. 6
180.6
135.9
125.5
181.1
- - do _
122.7
123.0
123.2
123.3
123.8
124.0
124.2
124.2
124. 3
124.6
126.6
126.7
126.7
Apparel
Food 9
Dairy products
Fruits and vegetables
Ivleats poultry and
-
-
fish
Housing 9
Gas and electricity
Housefurnishings
Rent
_
_
Medical care
Personal care
Reading and recreation
-
- -
Transportation
Private
Public
Other goods and services
-
do _do
do
do_ _
do
217.5
1
121. 1
WHOLESALE PRICESc?
( U. S. Department of Labor indexes)
All commodities
1947-49 = 100- Economic sector:
Crude materials for further processing - __do _ _
Intermediate materials supplies etc
do
Finished goods©
do
115.5
115.6
115.9 '
116.3
116.9
117.0
116.9
117.2
117.1
117.4
118.2
118.4
118.0
117.7
96.7
123.0
115.3
95.0
123.6
115.6
94.9
123.8
116.2
96.6
124.2
116.2
97.4
124 8
116.7
96.7
125.1
117.0
96.7
124.9
116.9
97.1
125.0
117.4
96.5
124.7
117.4
98.8
124.5
117.6
99.7
125.2
118.5
99.6
125.5
118.6
97.0
125.4
118.8
95 3
125. 2
118.9
Farm products 9
do _ _
Fruits and vegetables fresh and dried
do
Grains
- do
Livestock and live poultry _
-do
90.1
95.3
90.7
75.7
88.4
97.6
84.0
73.0
87.9
104.3
87.9
68.6
88.9
102.6
88.8
71.7
89.3
100.7
89.5
73.9
88.8
96. 1
87.0
75.0
88.8
94.1
87.5
76.6
90.6
103.0
87.3
79.3
89.5
109.0
85.4
78.7
90.9
105.4
83.9
83.5
92.8
108.0
82.7
86.5
93.0
106.3
82.4
86.7
'91.0
98.9
81.2
81.5
91.5
107. 5
80.6
78.4
Foods, processed 9
do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables canned and frozen - _ do _ _
Meats, poultry, and
fish
do
104.0
114.6
109.7
106.8
89.3
103.6
115.3
110.9
106.4
85.7
103.6
115.8
113.6
106.4
82.7
103.1
115.4
112.6
105.6
81.5
104.3
115.8
112.5
105. 6
84.8
103.9
115.9
112.5
105.9
83.9
103.7
116.7
111.3
105.9
84.6
104.3
116.8
111.4
104.9
88.2
104.9
116.5
110.7
103.5
91.5
106.1
117.0
108.1
101.9
96.6
107.2
117.7
108.2
102.3
99.2
106.8
116.7
110.3
102.1
97.7
106.5
116.7
112.4
' 102. 5
95.7
105. 5
1 1 7. 3
113.7
103. 5
91.6
Commodities other than farm prod, and foods__do
123.1
123.6
124.2
124.7
125.2
125.5
125.4
125.4
125.2
125.2
125.7
126.0
' 126. 0
125.7
109.1
108.2
108.3
108.8
108.8
107.1
107.7
108.7
Chemicals and allied products 9
do
123.6
123.2
122.5
122.9
121. 9
122.6
122.5
123.5
Chemicals industrial
- do
93.2
93.5
93.1
92.3
92.5
92.6
91.9
91.9
Drugs and Pharmaceuticals
do
58.2
59.4
58.0
57.9
55.4
57.8
58.7
55.8
Fats and oils inedible
do
107.5
104.1
105.9
106.8
105.9
104.5
105.7
105.7
Fertilizer materials
do
124.1
124.1
124.1
124.1
122.4
123.6
124.1
119.1
Prepared paint
do
119.2
119.5
119.6
111.2
111.1
114.0
116.3
111.7
Fuel power and lighting materials 9
- do
123.2
124.0
123.6
114.4
122.0
123.5
124.1
121.0
Coal
do
96.6
94.3
94.9
94.3
94.9
94.3
94.9
94.9
Electricity
do
118.4
118.4
122.3
111.1
111.1
119.9
110.3
119.9
Gas
do
130.4
118.4
131.0
130.7
118.3
117.5
120.9
124.9
Petroleum and products
- do
121.5
121.9
121.1
121.2
121.9
121.9
119.7
121.0
Furniture other household durables 9
do
105.4
106. 8
106.8
106.5
105. 9
106.5
105.5
106.5
Appliances household
- do
122.4
122.2
121.2
122.0
120.4
121.2
122.0
120.8
Furniture household
do
91.1
91.1
91.1
91.1
91.1
91.0
91.0
91.1
Radio receivers and phonographs
- do . ..
69.5
69.9
69.5
69.9
69.9
69.9
69.7
70.1
Television receivers
- - do
98.4
98.8
100.2
99.2
98.4
98.0
99.7
99.8
Hides skins and leather products 9
do
121.5
120.9
120.8
120.5
120.7
120.8
120.8
120.8
Footwear
do
51.8
50.1
51.0
59.0
63.3
52.1
57.8
53.8
Hides and skins
-- -do
88.6
88.2
88.6
90.6
87.8
90.9
90.8
90.8
Leather
do _
120.2
120.1
121.5
121.0
121.3
120.7
123. 6
122.0
Lumber and wood products
- - do
121.2
121.2
125.2
122.6
121.9
123.6
123.1
122.5
Lumber
do
145.0
141.1
143.4
143.
6
144.8
143.9
144.5
139.7
l^lachinery and motive products 9
do
132. 1
132.2
127.4
131.2
132.0
129.5
130. 8
131.8
Agricultural machinery and equip
_do
157.5
155. 9
156.2
156.3
156.7
155.5
151.5
154.7
Construction machinery and equip
do
145.2
145.4
147.5
147.8
143.2
147.1
142.0
146.0
Electrical machinery and equipment
do
134.2
134.6
134.6
134.7
129.4
134.3
134.3
130.8
Motor vehicles
- do _
152.2
152.1
152.2
151.4
150.1
151.9
152.3
151.0
l^Tetals and metal products 9
do
121.6
122.0
122.1
121.6
121.0
121.9
122.3
122.8
Heating equipment
__do
161.9
161.1
161.5
162.5
163.3
164.3
163.9
163.8
Iron and steel
_
do
154.1
143.2
142.5
145.4
154.8
149.7
149.6
148.7
Nonferrous metals
do
131.2
133.2
134.6
131.1
131.5
131.3
132.0
132.7
Nonmetallic minerals, structural 9 -- -- --do
150.3
155.0
150.1
150.5
150.6
150. 7
150.8
150. 1
Clay products
do
126.6
125. 3
125.3
125.6
125.0
125.6
125.7
124.8
Concrete products
do
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
Gypsum products
do
128.6
127.9
128.1
127.8
128.0
128.6
128.5
128.7
Pulp paper and allied products
do
139.2
139.2
139.2
139.2
139.1
140.1
140.7
138.9
Paper
- -- -do
144.3
144.5
146.9
147.9
145.0
143.9
145.7
145.8
Rubber and products
do
153.4
153.4
153.4
153.4
149.0
149.0
149.0
148.8
Tires and tubes
do
95.4
95.4
95.3
95.6
94.8
95.3
95.8
95.7
Textile products and apparel 9 do
99.6
99.6
99.6
99.7
99.7
99.7
99.7
99.7
Apparel
do
92.3
91.1
91.5
92.7
92.8
91.9
90.8
92.7
Cotton products
- - - do. _ _
123.2
123.0
124.8
123.6
122.7
122.8
122.8
120.1
Silk products
__ _
do. __
80.4
80.3
82.1
81.5
80.9
80.5
82.0
81.7
Manmade fiber textile products
do
106.1
109.5
109.0
109.9
103.9
104.8
107.7
109.1
Wool products
do
123.1
124.1
124.1
123.5
122.8
123.6
124.0
124.5
Tobacco mfs. and bottled beverages9
do
117.2
119.0
119.0
119.0
119.6
116.9
118.1
118.1
Beverages alcoholic
do
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
Cigarettes
-- --do _ _
93.2
89.2
91.2
92.4
91.4
92.0
89.9
91.7
Miscellaneous
_ _- -do
117.5
117.5
117.5
116.6
116.9
117.5
116.7
116.8
Tovs. snorting goods
do
* Revised.
1 Index based on 1935-39=100 is 202. 5.
9 Includes data not shown separately.
cfFor actual wholesale prices of individual commodities, see respective commodities.
109.1
123.6
93.3
59.2
107.2
124.7
118.5
123.3
94.9
116.5
129.8
121.6
105.1
122.4
91.1
69.5
99.0
121.1
55.8
88.8
119.7
120.6
145.1
132.3
157.6
148.2
134.7
150.0
121.4
162.9
139.9
135.0
155. 0
126.7
127.1
128.9
142.4
144.7
149.0
95.4
99.5
90.7
124.7
81.8
110.9
124.5
119.6
124.0
89.4
117.5
109.3
124.0
93.4
60.2
106.3
125.5
117.2
123.3
94.3
113.0
128. 4
121.7
105.2
122.4
91.5
69.7
99.9
121.2
59.4
91.1
119.7
120.4
145. 2
132.3
157.6
148.2
134.7
150. 6
121.9
165.4
138. 1
135.1
155.1
126.7
127.1
128.9
142.4
145.1
149.0
95.5
99.5
90.6
122.4
81.9
111.5
124.7
119.6
124.0
87.3
117.5
109.5
123.5
93.4
61.0
106.3
128.1
116.4
124.0
95.5
111.8
126.4
122.4
104.9
122.8
92.5
' 70.8
100.7
121.2
62.1
92.2
119.3
120.0
145.8
132.3
157. 9
149.5
134.7
152.4
122.8
170.3
134.1
135.2
155. 1
126.4
127.1
129.5
142.8
144.9
149.0
95.4
99.5
90.5
121.5
81.9
111.3
127. 7119.6
134.8
88.8
117.5
109.8
123. 6
93.4
63.4
106.5
128.1
116.3
124.4
96.6
111. 1
125.5
122.6
104.7
122.9
93.3
'71.4
100.5
121.3
61.5
91.6
118.6
119.4
146. 2
132.5
161.4
149.6
134.7
153. 2
122.3
171.2
134. 6
135.3
155. 0
126. 4
127.1
129.9
143.2
146.9
153.5
95.4
99.6
90.2
122.0
82.1
111.2
127.7
119.6
134.8
90.1
117.8
110.2
110.4
123.6
93.4
64. 7
107. 6
128. 1
115.7
125. R
95.5
112. 2
124.6
122 5
104 8
122 f>
93 4
71.4
100.4
122. 4
50.8
91.2
117. 5
117.8
147 2
133. 8
162,9
150. 7
134. 8
150 8
122.3
167. 8
129. 9
135 3
155 0
1 26 5
127. 1
130 9
143.2
146 2
153. 5
95.1
99.7
89. 9
120.0
82.3
108.3
127. 7
119.6
134. 8
87.8
118. 3
r 123.
5
93.5
64.5
106. 4
128.1
r 116.
r
1
124. 8
r95,5
112. 2
125.6
r 122. 3
' 104. 6
r 122.
5
93.4
r 71.4
r 100, 3
' 121. 6
58.2
91.6
117.8
118.3
146. 9
133.4
162, 7
150. 8
134.8
152.2
122.3
170.2
131.7
r 135.
2
155.0
r 126.
3
127.1
130.1
143.2
' 146. 5
153.5
95.4
99.7
90.0
121.1
82.3
110.3
127.7
119.6
134.8
'89.4
118.2
©Goods to users, including raw foods and fuels.
SURVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-7
1957
January
February
March.
April
May
June
July
October
August September
COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
^s measured byWholesale prices
Consumer prices
1947-49= 100. _
do
86.6
85 4
86.5
85 0
86.0
84.7
86.3
84 9
85.5
84.2
85.5
84.6
85.5
84.1
85.3
83.8
84.5
82.6
84.7
182.6
' 4, 558
'4,565
4,452
' 2. 970 ' 3, 037 ' 3, 121
' 3, 102
3,050
85.4
83.6
85.2
83.2
84.6
82.8
' 4, 017
'4,307
' 4, 352
185.0
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY
3,641
mil. of dol_.
4,425
4,302
3,964
3,544
' 3, 191
' 2, 999 ' 3, 284
do. _
3,073
3,003
2,922
2,654
' 2, 317
' 2, 218 ' 2, 394 ' 2, 587 ' 2, 800
Residential (nonfarm) 9
do
New dwelling units
do
Additions and alterations. __
do
Nonresidential building, except farm and public
utility, total 9
mil. of dol_.
Industrial
do
Commercial
. .
do
Farm construction
_ _ __ do_
Public utility
do
1,640
1,240
360
1,580
1,195
344
1,521
1,140
339
1,362
1, 045
277
1,137
885
214
' 1, 043
' 1. 162
'870
258
787
278
313
156
478
797
278
320
130
484
804
276
329
111
475
772
274
305
97
413
722
269
269
704
270
do
1,352
1,299
1,042
do
_ do
do
do
381
146
543
282
371
141
512
275
do
3,857
3,890
New construction (unadjusted), total
Private, total 9 -..
Public, total
.
_
Nonresidential building.. _
Military facilities
Highway __
Other types
New construction (seasonally adjusted), total
Private, total 9
do
Residential (nonfarm)
_
do
Nonresidential building, except farm and public
utility
. mil. ofdol
Farm construction
do
Public utility
_
do
Public, total 9
_
.
..
do
Nonresidential building. _
do
Highway
do
CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):t
Total valuation
mil of dol
Public ownership
do
Private ownership. _
do
Nonresidential buildings:
Floor area
thous of sq ft
Valuation
mil of dol
Residential buildings:
Floor area
thous of SQ ft
Valuation
mil of dol
Public works:
V aluation
do
Utilities:
Valuation
do
Value of contract awards, 37 States (F. R. indexes):
Total, unadjusted
1947-49— 100
Residential, unadjusteddo
Total, seasonally adjusted
Residential, seasonally adjusted
Engineering construction:
Contract awards (ENR) §
do
do
mil of dol
Highway concrete pavement contract awards :c?
Total
thous. of sq. yd__
Airports
do
Roads
do
Streets and alleys
do
f-790
217
350
357
709
269
264
'112
398
890
'874
'781
'890
344
117
326
255
324
98
239
229
'339
'302
345
84
230
'231
3,894
3,904
' 3, 914
3,851
257
'102
'97
'80
195
93
225
217
'204
r
713
271
263
'126
432
747
270
287
'146
493
' 1, 054 '1,217
'375
'89
'330
'260
'383
'103
'445
'286
786
270
309
'159
517
'778
262
'311
'169
526
805
266
319
'173
553
802
260
322
159
558
' 1, 337 ' 1, 315 ' 1, 437 ' 1, 463
'406
110
'520
'301
'389
117
'505
'304
414
' 138
'550
'335
'413
'134
'580
'336
1, 535
1,120
367
802
256
332
133
563
1,402
403
128
555
316
4,028
' 2, 740 ' 2, 737 ' 2, 742 ' 2, 741 ' 2, 730 ' 2, 785 ' 2, 793
2,825
2,778
2,822
2,799
' 2, 728
1,459
1,451
1,468
1, 460
1,411
' I, 391
744
130
423
753
130
432
760
131
452
764
129
435
749
748
' 131
446
1,089
1,112
1,072
1,105
' 1, 186
' 1, 121
' 1, 160
349
368
356
381
358
341
365
369
'375
'347
406
366
434
2 575
841
1,734
2 443
2 377
2,057
2 300
2 161
838
1,323
3 078
1,018
2,060
65 682
931
64 051
865
65 776
969
55, 735
756
63 288
95 719
1 047
95 961
1 050
81 354
900
62 537
699
73 260
453
438
385
145
91
123
254
251
237
224
217
190
251
250
248
230
242
197
1,480
1 878
1 736
5,267
695
1 911
2,661
7,302
953
3 524
2,825
5,159
1 212
2 211
1,737
' 1, 383 ' 1, 361 ' 1, 321 ' 1, 324
' 1, 349 ' 1, 377 ' 1, 392
1,414
783
'133
488
779
'133
488
'751
'133
483
767
'133
491
757
133
494
757
133
504
' 1, 152
' 1, 154
' 1, 158
' 1, 094
' 1, 155
' 1, 184
1,203
'381
'407
'372
'401
'380
'406
'356
'366
'372
'374
'377
'392
385
414
2 776
880
1,896
3 400
1,279
2,120
3,243
1,323
1,920
2,901
1,002
1,998
2,818
802
2,016
2,625
816
1,809
60 836
820
76 773
63 689
1 092
838
80 194
1 120
80, 844
1 186
71, 642
961
68 569
1 008
65 177
941
817
82 109
875
99 442
1 107
113 369
1 232
120 206
1 297
106 370
1,155
115 703
1,287
116 905
1 284
105 189
1 151
489
400
278
535
453
653
716
467
394
416
113
169
188
343
253
329
186
186
132
116
1 590
1 664
1 436
1 468
1 460
1 857
1 561
1,589
1,805
1 247
1, 700
2 6, 501
405
3 955
2, 141
7,163
1 499
3 990
1,674
7,229
1 489
4 425
1,316
9,582
3 023
4 660
1,899
7,816
1 172
3 702
2,941
9,772
2 284
4 209
3,279
11, 086
1,917
6 151
3,017
8,896
845
4,581
3,471
5,292
336
2,497
2,459
4, 844
282
1 791
2,771
6, 668
749
3, 143
2,775
99.9
94.5
64.7
5.4
'99.9
'93 9
'62.1
'6 0
95.0
92.6
64.2
2.4
90.0
88.0
58.8
2.0
95.0
87 0
58. 7
8 0
995.0 '1,015.0
1, 010. 0
'990.0
1 , 000. 0
75.2
73.6
60.9
2.8
9.9
1.6
80.0
77.7
63.0
2.6
12.1
2,3
' 129
427
441
892
1,407
2
2
914
763
'132
447
771
' 133
455
NEW DWELLING UNITS
(17. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
93.9
93.6
77.4
Total, privately and publicly owned. ..thousands..
63.6
87.0
63.0
65.8
103.0
93.7
Privately owned, total
do
90.7
91.2
62.9
63.1
77.0
60 1
91 4
96 9
79.3
In metropolitan areas. _ _
do
63.4
60.8
54.6
44.6
42.5
45.1
55.8
62.3
66.7
3.2
2.4
Publicly owned
do
.4
.7
2.9
2.7
23
6.1
7.7
Seasonally adjusted at annual rate:
Privately owned, total %
do
1, 008. 0 1, 052. 0 1, 027. 0 1, 020. 0
994. 0
962.0
935.0
933.0
962.0
Residential construction authorized, all permit-issuing
places:
70.4
79.3
61.7
48.1
51.6
New dwelling units, total _ _ _.
thousands.
55.7
81.5
72.8
85.7
68.6
61.1
47.5
54.4
Privately financed, total
do
76.8
50.8
72.7
84 0
80 4
52.2
59.8
67.0
39.1
Units in 1 family structures
do _
41.0
60.5
68.3
43.8
67.0
2.2
2.6
2.4
2.5
Units in 2 family structures
do
1.7
1.9
2.8
2 8
31
6.6
6.4
7.3
7.9
Units in multifamily structures
do
9.3
6.7
8.1
10.3
12.9
2.5
Publicly financed, total
do
.7
.1
.6
.8
1.3
1.1
1.8
1.7
' Revised.
» Preliminary.
1 Indexes based on 1935-39—]00 are as follows: Measured by—wholesale prices, 44.5 (October); consumer prices, 49.4 (September).
2
Data include some contracts awarded in prior months but not reported.
9 Includes data not shown separately.
t Revised series, reflecting nationwide coverage and new techniques for compiling data on residential buildings.
§Data for November 1956 and January, May, August, and October 1957 arc for 5 weeks; other months, 4 weeks.
cfData for October 1956 and January, May, July, and October 1957 are for 5 weeks; other months 4 weeks.
{Revisions for 1954 appear in the October 1957 issue of the SURVEY.
' 1, 489 ' 1, 547 ' 1, 571 ' 1, 565
1,140
' 1, 070 ' 1, 115 ' 1, 140
'378
'387
'392
'379
' 3, 900 ' 3, 889 ' 3, 896 ' 3, 899 ' 3. 824 ' 3, 940 ' 3, 977
2,768
2, 730
' 1, 301 ' 1, 396
940
'985
'374
'327
79.6
74.6
61.5
2.7
10.4
4.9
SUEVEY OF CURRENT BUSINESS
S-8
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
November 1957
1957
January
February
March
April
May
June
July
t
October
August September
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite
1947-49=100
Aberthaw (industrial building)..
1914-100.
American Appraisal Co., The:
Average, 30 c i t i e s _ » _ _ _ _ _ _ _ . . _ _
1913=100.
Atlanta
_ _ _
do
New York
,
_ __do_ _
San Francisco
do
St. Louis
___
_ __do _
Associated General Contractors (all types)
do
E. H. Boeckh and Associates:!
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U S avg 1926-29=100
Brick and steel
do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
do
Brick and steel
do
Brick and wood
do
Frame
__,_,. do__
Steel
do
Residences:
Brick
do
Frame
do
Engineering News -Record :cf
Building
1947-49=100
Construction
_ _ _ _ _
do
Bu. of Public Roads —Highway construction:
Composite, standard mile
1946=100.
133
441
133
134
134
134
135
135
135
136
137
455
138
138
138
642
696
681
597
637
470
642
696
681
596
636
470
644
696
681
595
635
470
647
699
687
594
638
470
649
702
701
594
640
472
653
705
703
610
643
472
654
710
704
610
644
472
655
712
704
610
644
473
659
712
704
610
644
479
664
712
705
609
656
485
668
712
705
610
660
488
668
712
705
624
660
488
670
713
705
625
660
490
280 8
276.7
277 0
281 0
276.9
277 0
281 4
277.3
277 3
281 9
277.7
277 4
282 7
278.3
277 9
283 1
278.5
278 3
283 5
278.8
278 4
284 3
279.1
278 9
286 3
280.7
280 3
288 3
282.7
281 7
290 5
284.7
283 1
290 6
284.8
283 2
291 0
285.0
283 2
288 9
288.6
275 9
275.4
274 9
289 2
288.8
276 0
275.3
275 1
289 6
289.1
276 3
275.5
276 1
290 2
289.6
276 5
275.5
276 4
291 3
290.3
277 4
275.4
276 8
291 8
291.3
278 1
275.3
278 4
292 4
291.6
278 2
275.4
278 7
293 5
292. 3
278 7
275.9
279 1
295 9
294.4
280 2
277.4
280 4
297 8
296.4
281 6
278.7
282 6
300 1
300.2
283 3
280.0
287 9
300.1
300.2
283 3
280.2
287 9
300 7
300. 8
283 5
279.8
288 5
277 4
270.5
277 4
270. 3
277 6
270.6
277 8
270.6
278 3
270. 7
278 6
270.8
278 7
270.9
279 3
271.3
280 8
272.6
282 2
273.9
283 5
275.1
283 6
275.2
283 6
275.0
147.7
155.4
148.0
155.4
147.9
155.4
148. 5
156.3
148. 6
156.7
148.3
156.4
148.3
156.6
148.8
158.0
149.1
159.2
149.8
159.9
152.9
163.1
152.6
162.9
152 8
162.7
140.7
140.5
142.6
142.7
142.8
CONSTRUCTION MATERIALS
Output of selected construction materials, index:
Iron and steel products
1947-49=100
Lumber and wood products
do
138. 2
123 6
159.2
138 4
145.5
120 5
145.1
103 1
142.6
113 8
135.2
106 1
150.8
113 8
151.5
124 8
156.5
131 2
163.0
124 6
140.9
113 8
151 5
129 7
229, 797
500, 930
213,072
462, 307
174, 236
471, 652
193, 576
555, 076
159, 145
430, 560
161, 535
379, 822
157, 423
349, 651
154, 288
286, 291
163, 633
276, 147
191, 490
268, 492
184, 794
251, 483
1,148
1,153
1,228
1,038
976
961
971
993
1,079
1,040
1,072
1 119
922
784
710
714
709
842
899
968
925
969
1,001
891
323
422
176
277
360
147
250
320
140
245
326
143
243
318
149
298
366
179
317
391
191
360
412
197
319
415
190
318
462
190
331
470
200
292
423
176
2,425
2,762
81, 121
2,108
2,737
80, 481
1, 951
2, 5G9
96, 485
1,942
2,771
115, 272
1,749
2, 473
95, 569
1,937
2,921
104, 565
2,044
2,983
85, 994
2,144
2,894
79, 045
2,028
2, 745
69, 710
2,211
2, 208
77, 814
78, 364
REAL ESTATE
Home mortgages insured or guaranteed by—
203, 661
Fed Hous Adm • Face amount •
thous of dol
Vet. Adm.: Face amount
_ _ d o _ . _ 507, 610
Federal Home Loan Banks, outstanding advances to
1,142
member institutions
mil of dol
New mortgage loans of all savings and loan associa850
tions, estimated total
mil. of dol__
By purpose of loan:
292
Home construction
__do
397
Home purchase
do
161
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
2,185
estimated total
mil. of dol__
2,802
Nonfarm foreclosures
number
Fire losses
thous. of dol. _ 70, 118
1
173, 582
294, 506
72, 264
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted:
Combined index
1947-49=100
Business papers
do
Magazines
do
Newspapers
do
Outdoor
do
Radio (network)
do
Television (network) |
1950-52 =100
203
209
153
194
161
34
383
206
206
151
210
148
34
393
204
191
164
199
154
38
380
201
203
161
185
153
33
386
207
207
164
203
167
35
373
206
213
153
210
153
39
361
203
203
156
203
156
36
373
207
207
162
202
164
37
373
210
207
165
208
164
34
382
209
217
160
205
170
35
384
214
218
164
202
180
40
406
215
206
166
214
170
40
405
Tide advertising index un€u Ij listed
1947 49 — 100
198 9
235 2
225 7
175 1
169 6
190 7
215 2
230 7
233 1
205 2
170 0
173 5
Television advertising:
Cost of facilities total
Automotive including accessories
Drugs and toiletries
Foods soft drinks confectionery
Soaps, cleansers, etc _ .
Smoking materials
All other
thous of dol
do
do
do
do
do
do
39 006
3,429
10 021
8 074
5, 133
3 517
8,832
45 467
4! 187
12, 971
8 489
5,421
3,354
11,045
44 079
4,' 950
11,430
8 870
5,108
3,408
10, 313
44 762
4, 775
12, 424
9 035
5, 266
3,796
9,466
43 502
4, 567
12. 624
9,648
5,470
3.592
7, 601
39 385
3,732
11,182
8, 891
5, 139
3, 321
7,121
43 653
4,470
11,984
9,295
5, 583
3,789
8 532
41 222
3,929
11, 125
8,761
5, 825
3,810
7,772
43 378
4,242
11,810
9,270
6, 309
3, 901
7, 845
39 517
3,864
11,585
7,482
5,614
3,771
7,201
38 760
3,711
11,749
7, 541
5,720
3,899
6,142
'38 849
3,774
'11,683
T
7, 541
5,523
4, 366
5,962
do
do
do
do
do
do
do
63, 735
7 945
2 478
3,945
5 967
7 256
2 611
76, 087
6 882
4 008
3,834
7 008
10 039
3 408
73. 091
5 090
7 246
2, 689
6 712
8 205
3 985
55,814
4 222
4 196
1,124
5 064
6 711
5 283
38, 354
1 997
3, 747
1,198
3 521
5 978
1 478
54, 612
3 445
4, 509
2,350
5 536
7 879
2 305
67, 898
4 904
5, 607
3, 557
6, 002
8 883
3 117
81, 439
6 206
7,053
5,145
7,028
9 058
3 696
73, 441
5,544
6,840
4,453
6, 332
7 681
3,054
61, 899
3,235
5,967
2, 858
6,629
7,488
3,080
42, 969
884
3,888
1,417
5,836
6,594
2,623
45, 501
4, 403
3,457
1,748
5,560
5,410
2,318
do
do
do
do
do
3 349
2' 830
5 792
976
1, 275
19 312
4 441
4 636
6 119
1 339
2,092
22 281
4 421
3, 527
6 101
1 187
1, 733
22 194
3 166
2,106
4 278
876
1,704
17 083
1 142
1, 164
3 729
522
1,084
12 795
2 840
1,' 556
4 480
978
1, 578
17, 156
3 976
2, 590
5 795
1,441
2,017
20, 008
5 246
4,126
6 147
1,526
1,923
24, 283
4 931
3,998
6 258
1,298
1,561
21, 490
3 972
2,138
5,855
1,244
1,722
17, 711
1 651
1,087
4, 118
664
1,425
12, 782
1 146
1,412
4, 319
484
1,551
13, 692
5. 265
5. 552
4.827
3. 890
4.025
4.768
5.489
5.431
4.815
3.861
3.444
4.483
Magazine advertising;
Cost total
Apparel and accessories
Automotive incl accessories
Building materials
Drugs and toiletries
Foods soft drinks confectionery
Bter wine linuor^
Household furnishings
Industrial materials
Soaps cleansers etc
Smoking materials
All other
TMnap-p.
r
fr.ntal
thnns of lines
40 810
4, 660
11, 669
7, 862
5,939
4, 065
6,615
5.466
Revised.
* For Aug. 26-Sept. 30 (earlier figures cover month ending the 25th day; later figures on calendar-month basis).
§Copyrighted data; see last paragraph of headnote, p. S-l.
cfData reported at the beginning of each month are shown here for the previous month.
$ Revised beginning July 1955 to adjust for changing seasonal pattern. Revisions for July 1955-July 1956, respectively: 316; 320; 324; 321; 329; 329; 340; 352; 355; 364; 372; 376; 397.
672
728
711
625
661
490
152. 8
162.8
SUEVEY OF CUERENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-9
1957
January
February
March
April
May
June
July
October
August September
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising:
Linage, total (52 cities)
Classified
Display, total
Automotive
Financial
General
Retail
thous. of lines. - 244, 056
_ _
.-do
63, 036
__.
_
_._do __
do
__ do __
do
do._
_
181, 021
10 018
3,169
34 223
133 610
269, 857
62, 197
261, 994
54, 469
243, 080
50 337
210, 509
55 141
207, 064
53 264
249, 527
62 923
245, 384
59 081
265, 599
64 494
240, 631
61 194
204, 045
56 490
216, 437
58 103
241, 294
58 999
207, 659
16 878
4 026
43 420
143 335
207 525
16 424
3 330
38 510
149 262
192 743
8 824
4' 198
27 690
152 031
155
12
5
26
110
153
14
3
30
106
186
14
3
36
132
186
16
4
34
130
201
18
3
37
141
179
16
4
33
125
147
14
4
24
104
158
14
2
24
116
182
13
3
33
139
368
555
929
355
530
800
365
215
009
212
603
615
824
150
015
303
663
241
802
597
105
264
564
609
668
436
615
078
432
311
555
214
509
217
614
334
522
754
611
448
295
339
442
294
920
PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:
Goods and services, total
. _ _ _bil. ofdol _
268.6
272 3
276 7
278 9
283 6
-do .
.do ,
do - _ _
33.0
13.7
14.7
34 8
15.3
14.9
35 9
16 3
14 9
35 0
15 5
14 9
35 0
15 3
14 9
_-_ . do _ _
..
do _.
do _ _
-do -
134.4
22.3
81.3
80
135 3
22.2
82 1
8 3
137
21
83
8
3
9
7
5
139
22
85
8
1
0
0
7
142
23
86
8
5
1
6
7
101.1
15.7
33.2
102.2
15 8
33. 5
7 8
103
16
33
7
4
0
9
g
104
16
34
7
9
2
3
9
106
16
34
7
1
4
7
9
Durable goods, total 9
-- Automobiles and parts.
Furniture and household equipment
Nondurable goods, total 9 . -.
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
.Services, total 9 Household operation
Housing..
Transportation
__
-_- ..._
-
do _
.do _
-do
do _ _
7.7
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total
mil. of doL.
15, 583
16, 130
16, 493
19, 380
14, 740
14, 058
15, 788
16, 442
17, 205
17, 114
16, 864
17, 490
Durable-goods stores 9
do
Automotive group
do _ _
Motor-vehicle, other automotive dealers.do
Tire battery, accessory dealers ._
-do _ _
5 230
2,676
2,507
5 516
2, 830
2, 646
5 491
2 907
2,730
6 172
3 122
2,901
4 972
2 996
2,858
4 914
2 948
2,809
5 546
3 317
3, 154
5 765
3 391
3,208
6 190
3 550
3,353
6 288
3 609
3 399
6 058
3 418
3, 175
5 995
3 352
3,126
5 615
r 3 078
2,894
i 2 930
776
478
297
754
477
277
806
517
289
809
509
300
873
550
323
916
550
366
979
731
248
863
523
340
912
577
334
r 853
714
480
i 926
1 008
1 032
977
752
225
Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores
.do _ .
do
do
Lumber building, hardware croup
Lumber, building-materials dealers
Hardware stores
-
do _
-do _
do
Nondurable-goods stores 9
-Apparel group
.
Men's and boys' wear stores
Women's apparel, accessory stores
Family and ether apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
- -do
do
do
do
do
do
_
-
_ _ _do
do
do
do
_ _ _ do _
General-merchandise group
._
-do __
Department stores, excl. mail-order. _ .do
Mail-order (catalog sales)
do
Variety stores
-do _
Other general-merchandise stores
do
Liquor stores
- -do .
Estimated sales (seasonally adjusted), total
do _ _
169
184
177
221
1 194
139
139
163
183
197
860
518
342
956
593
363
1 003
1,006
1,052
794
258
917
664
254
861
547
314
659
476
183
629
455
174
758
551
208
856
634
221
993
740
253
10, 614
1,034
11 002
1 095
13 208
1 694
q 769
9 144
10 243
10 678
1 131
11 015
761
245
10,352
981
188
374
225
194
216
405
236
177
634
369
252
410
259
173
421
654
387
232
785
181
310
161
133
694
147
283
146
118
832
154
347
181
150
200
463
248
220
998
192
422
207
177
2io
242
770
238
10 806
10 826
'994
855
175
338
187
156
218
381
210
185
' 16, 373 i 16, 805
226
184
533
319
798
234
11 495
10 757
1 010
r
967
177
390
222
178
1,227
3 729
3 305
1,180
470
632
1 201
4 059
3 572
1 182
500
502
1 158
3 877
3 435
1 184
1 096
3 690
3 281
1 137
1 055
3 480
3 086
1 067
1 140
3 915
3 499
1 253
4 043
3 613
1 293
1 289
3 977
3 531
1 321
1 384
4 029
3 573
1 383
1 420
4 353
3 876
1 374
r 1 291
l'l81
1 153
3 770
3 345
1*216
T 3 937
r 3 482
r
1 262
1
573
i i 265
i 4 109
i 3 656
1
1 262
1,699
1,808
1,007
2, 030
1,132
3, 033
1,626
1 328
1 276
1 493
1 705
1 723
1 680
1 540
1 774
r
1
(2)
(2)
465
945
108
275
372
324
480
129
284
387
330
166
309
423
356
488
539
720
97
198
314
301
189
616
c 601
467
672
94
213
296
288
811
100
240
342
325
(2)
110
289
520
(2)
309
121
273
m
335
(2)
511
513
(2)
104
264
105
276
(2)
W
r
r 528
370
15, 865
15, 896
16, 212
16 340
16 295
16 356
16 298
16 437
16 644
16 783
17 034
17 030
5, 356
2,780
2, 599
5,490
3, 035
2,862
5,664
3, 159
2,983
5,814
3 285
3,104
5 706
3 324
3, 151
5 747
3 264
3,081
5 685
3 165
2,976
5 776
3 265
3,075
5 806
3 246
3, 051
5 839
3,304
3,085
5 740
3 245
3,037
(2)
335
r
16 919
r
189
208
Furniture and appliance group
_
Furniture, homefurnishings stores
Household "opliance, radio stores
_ do
do
.do _
908
558
350
864
530
334
912
569
344
932
575
356
856
541
314
899
578
321
905
578
327
880
545
336
862
520
342
919
551
367
877
536
341
897
564
334
902
574
327
Lumber, building, hardware group
Lumber building-materials dealers
Hardware stores
_
-
_ do
do
.do _
960
711
249
918
689
228
889
653
236
869
630
240
848
608
240
866
622
245
876
630
246
849
624
224
905
674
231
901
656
244
914
689
225
915
687
229
918
691
227
do
do _
do
-do _
do
do _
10, 508
10, 406
10 547
1,004
10 526
10 588
10 608
10 614
10 806
1,020
200
405
235
181
10 867
10 977
11 195
1, 038
r 11 290
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
._
Gasoline service stations
-.
do
-do _
do
_do
do
General-merchandise group
do
Department stores, excl. mail-order .._ _do_
Mail-order (catalog sales)
do
Variety stores
-do _
Other general-merchandise stores
do
Liquor stores
do _
r
c
Revised.
Correction.
i Advance estimate.
9 Includes data not shown separately.
180
977
209
392
210
166
173
982
214
388
208
172
176
216
380
229
179
181
991
209
396
218
169
173
980
217
376
212
174
183
992
210
383
222
178
956
192
384
212
168
190
990
198
403
224
165
218
196
995
204
398
225
168
r
r
T
218
412
1 092
176
220
443
241
188
231
492
492
1,178
3,764
3,337
1, 165
1,184
3,761
3,332
1,150
488
497
484
1,188
3,778
3,351
1,179
1,194
3 826
3,396
1 164
1,182
3 825
3,392
1 213
1,219
3 821
3,385
1,220
1,216
3 817
3,397
1 246
519
1,218
3 925
3,490
1 259
1,242
3 931
3,512
1 269
1,245
3 986
3,542
1 264
r
524
1,257
4 027
3,566
1 281
1,278
4 057
3 598
1 272
1,773
1,674
1 760
1 738
1 722
1 718
1 741
1 717
1 759
1 771
1 861
1 861
(2)
(2)
989
116
295
374
323
2
913
112
292
357
332
960
122
302
376
339
954
122
289
372
338
936
118
281
387
331
492
922
114
289
393
340
511
954
114
286
387
344
(2)
119
290
(2)
Comparable data not available; series temporarily discontinued.
343
526
(2)
130
295
(2)
353
518
(2)
121
292
(2)
356
132
305
(2)
362
534
r
11 197
1,050
215
430
232
173
543
1,235
4 112
3, 643
1 255
130
302
1 803
(2)
121
302
354
364
(2)
1 849
117
272
(2)
346
1 696
(2)
125
294
330
515
5 722
3 190
2, 995
194
Nondurable-goods stores 9
Apparel group
_
_
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
1 081
1,240
3 748
3,323
1, 181
5 631
3 194
3, 012
182
Durable-goods stores 9 -.
do
Automotive group
.
- do.
Motor-vehicle, other automotive dealers-do
Tire battery, accessory dealers
do
1
183
398
239
189
(2)
i 16 561
1
5 622
i 10 939
SURVEY OF CURRENT BUSINESS
S-10
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1057
1957
January
February
March
April
May
June
July
October
August September
24, 510
11, 220
13, 290
24, 440
11, 170
13, 270
23, 840
10, 970
23, 660
10, 880
12, 780
24, 560
24, 040
' 10, 970 10, 970
' 13, 070 13, 590
24, 090
24, 140
10, 850
' 11,040
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted, total
Durable-goods stores
Nondurable-goods stores
23, 530
10, 030
13, 500
24, 000
do
do
do
do
do
23, 430
10, 260
3,630
2,010
2,170
do
do
do
do
mil of dol
do
do
Seasonally adjusted total
Durable-goods stores 9
Automotive group
Furniture and appliance group
Lumber building hardware group
Nondurable-goods stores 9
Apparel group
Food group
General-merchandise group
Firms with 11 or more stores:
Estimated sales (unadjusted) total 9
24, 750
10, 450
14, 300
22, 400
23. 320
10, 090
3, 490
2,010
2,160
23, 490
10, 420
23, 860
10, 700
13, 170
2,800
2,810
4,170
13, 230
13, 070
9,920
14, 080
2,870
2,830
4,250
3,700
2,070
2,190
2,760
2,800
4,250
9,940
12, 460
4,020
2,020
2,220
22, 890
10, 380
12, 510
23, 650
10, 800
12, 840
24, 340
24, 010
10, 770
4,110
2, 020
23, 910
10, 850
4, 380
1,980
2,130
23, 700
10, 670
4, 350
1,930
23, 670
10, 590
23, 950
10, 740
2,080
1,920
2,090
1,950
2,100
13, 060
2, 750
13, 030
13, 080
13, 210
2, 730
2,220
13, 160
2, 850
13, 240
4,180
2,700
11,040
13, 300
4, 150
2,740
4,030
2,680
2,700
4,060
2,840
2,760
4,290
2,720
2,730
4,030
4,420
12,870
10,800
4,460
4,440
1,970
2, 100
1,960
2, 130
13,290
13, 290
2,790
4,060
2,710
2,810
4,140
2,730
2,830
4,140
24, 250
' 4, 620
' 1, 990
2,090
24, 450
11,240
4,790
1, 950
2, 110
' 13, 210 13, 210
' 2, 650 2, 690
' 2, 880 2, 850
4,090
4,100
do
3,284
3,402
3,669
4,641
2,917
2,797
3,276
3,412
3,551
3,456
3,267
3,660
3.337
Apparel group 9
Men's and boys' wear stores
"Women's apparel accessory stores
Shoe stores
do
do
do
do
225
16
92
71
232
20
97
64
247
24
103
65
382
38
166
99
155
13
63
47
144
11
61
43
194
15
83
57
281
21
114
92
222
19
97
67
227
20
92
74
182
16
80
57
207
15
94
63
222
16
90
71
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores
do
do
do
76
70
37
78
74
45
76
68
43
121
73
49
74
65
33
73
63
33
80
70
36
80
69
38
83
73
38
84
76
35
83
78
32
85
80
37
82
75
36
1,063
652
1,130
686
1,269
749
1,910
1,075
805
491
765
449
922
563
1,064
640
1,081
668
1,060
654
953
568
1,109
654
1, 054
640
100
206
1,311
77
59
103
216
1,316
78
65
121
238
1, 439
65
63
182
470
1,472
52
88
71
150
1,364
45
50
64
161
1,295
45
48
79
183
1,493
50
57
95
223
1,367
58
66
93
204
1,512
68
74
99
206
1,427
67
78
90
196
1,398
69
80
116
220
1,590
73
73
100
202
1,356
69
62
General-merchandise group 9
do
Department stores©
do
Dry-goods, other general-merchandise stores©
mil. of dol__
Variety stores
do
Grocery stores
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
_ .. _do _
3,385
3,295
3,404
3,425
3,371
3,360
3,416
3,427
3,493
3,509
3,582
3,631
3,559
Apparel group 9
do
Men's and boys' wear stores
do
Women's apparel, accessory stores
_._do
Shoe stores
do
Drug and proprietary stores
do
Eating and drinking places
do
Furniture, homefurnishings stores.. . _ _ _ d o __
226
19
96
66
79
68
40
221
18
95
65
77
71
40
228
19
96
68
80
71
37
228
19
97
67
83
71
42
215
17
90
68
79
70
42
215
17
92
65
81
72
40
215
17
92
63
84
72
37
228
18
98
68
84
70
40
218
19
92
64
84
72
34
222
19
93
65
86
74
37
229
23
95
64
84
74
35
244
23
103
68
87
76
36
229
21
97
66
87
72
38
General-merchandise group 9
do
Department stores©
do
Dry-goods, other general-merchandise stores©
mil. of dol-_
Variety stores
do
1,118
682
1,046
622
1,085
636
1,067
631
1,068
638
1, 046
616
1,099
662
1,066
632
1, 116
666
1,125
692
1,172
710
1,168
699
1,132
685
103
220
1,343
68
65
95
218
1,335
66
64
104
226
1,384
65
65
99
219
1,409
65
65
100
216
1,400
58
65
98
221
1,405
59
64
103
222
1,399
59
66
98
221
1,420
58
67
101
224
1,440
63
69
100
218
1,432
62
70
106
230
1,453
62
72
114
230
1,492
61
68
107
225
1,472
62
68
152
314
159
319
174
330
232
365
189
352
160
345
148
341
155
339
155
337
152
333
139
325
140
327
154
326
44
15
47
15
47
16
45
14
46
15
44
14
48
15
45
15
46
15
46
14
45
15
47
15
46
15
44
43
13
43
44
13
44
44
12
46
43
11
44
42
14
44
43
13
44
43
13
44
43
13
44
43
13
45
42
13
44
42
14
45
42
13
43
44
13
Estimated sales (seas, adj.), tota!9
_
Lumber, building-materials dealers
Tire, battery, accessory stores __
do
do
do
Department stores:
Accounts receivable, end of month:
Charge accounts
1947-49=100
Installment accounts
do
Ratio of collections to accounts receivable:
C harge accounts
percent. _
Installment accounts
_ do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales _
_ _ do __
Sales, unadjusted, total U. S
1947-49=100-_
Atlanta
_
._
Boston
Chicago.
_ _ . _-_
Cleveland
__
__
Dallas
Kansas City
Minneapolis
New York
Philadelphia
Richmond
St. Louis
San Francisco.
_ _ . _.
.__ __
.
_ do _
do _
do
do _
do
... _ do
__.
_.
Sales, seasonally adjusted, total U. S
Atlanta
Boston
Chicago
Cleveland
Dallas ._ _
Kansas City
__ ._
._
_ do _
do
do-_ _
._ do _
do
do
._
. __do _ __ . do _
do
do
do
do _
do
'132
128
158
222
95
97
106
122
124
121
104
118
P130
'153
125
' 133
127
r
146
' 129
150
115
123
122
142
129
182
143
159
152
166
150
267
210
215
212
252
218
116
86
91
92
111
90
122
88
93
95
113
94
137
89
105
99
124
104
149
110
119
118
132
120
150
112
121
114
150
123
138
110
121
113
146
120
134
81
100
100
145
114
' 148
91
119
115
152
124
v 152
P 111
* 131
P 126
P 150
^132
137
122
131
130
128
119
120
124
144
131
131
141
151
165
179
161
153
202
204
220
251
216
231
84
94
91
99
94
101
90
93
91
101
98
100
95
98
107
117
107
104
114
109
121
143
123
123
118
113
123
140
127
124
108
113
122
131
116
125
97
86
90
114
104
116
120
97
105
126
119
126
* 128
P 117
P124
P143
"131
P130
'130
122
131
129
125
125
127
122
125
127
132
134
^128
'158
117
' 128
127
' 146
'129
144
114
117
118
134
123
157
119
130
123
146
131
154
116
128
122
150
128
151
109
120
118
140
122
153
117
121
123
141
121
149
110
126
120
143
122
146
107
120
117
135
121
153
112
123
118
151
124
155
110
123
117
161
125
168
113
126
130
171
139
'164
114
132
127
163
132
p 156
p 104
M26
p 126
P 150
P 132
116
115
124
139
127
126
117
117
130
136
119
131
120
120
122
144
135
133
126
126
130
150
131
'131
P 121
p 115
P 120
P 139
"129
P 134
r 143
124
123
103
113
114
129
118
118
Minneapolis
do
116
112
119
115
120
New York
__
do
109
115
120
121
125
121
124
118
119
126
127
Philadelphia
do
144
139
146
140
136
136
136
146
Richmond
_ _ _ _ __ _ __ - do
130
134
119
125
125
127
125
125
St Louis
do
131
131 '
131
132
130
127
133
San Francisco
do
127
' Revised.
p Preliminary.
9 Includes data not shown separately.
©Revised beginning January 1956 to reflect change in previous classification of certain stores to department stores in accordance
(January-May 1956) are available upon request.
p
126
P 121
with 1954 Census of Business; unpublished revisions
SURVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-ll
1957
January
February
April
March
May
June
July
October
August September
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U.S., end of month:
Unadjusted
Seasonally adjusted
1947-49 = 100
do
Mail-order and store sales:
Montgomery Ward & Co
Sears, Roebuck & Co
thous. of doL
do
144
141
132
139
159
142
161
142
126
142
126
141
94, 412
310, 817
112, 898
327, 558
120, 131
362, 433
150, 615
444, 955
63, 367
246, 908
11 2
4.3
6 9
12 8
4.9
80
12 0
4.5
7 5
11 4
4 2
7 2
11 4
4 3
7 1
10 4
4 0
6 4
11 1
4.3
6 9
11 3
4.3
6 9
11 6
4.4
7 2
11 0
4.2
6 7
11 4
4.3
7 1
12 6
6.3
6 3
13 0
6.4
66
13 2
6.4
6 8
12 9
6.3
6 6
12 9
6.4
6 5
12 8
6.5
6 3
13 0
6.7
6 2
12 8
6.7
61
12 6
6.7
59
12 5
6.7
58
170, 510
170, 737
170, 981
1
55, 515 i 70, 062
223, 750 269, 815
147
141
145
140
135
143
- 146
139
137
143
1
87, 374 1 90, 288 i 82, 764
307, 394 338, 262 335, 812
1
80, 002
308, 538
Pl50
140
143
1
90, 498 1 88, 603
344, 491 314, 876
107, 707
329, 811
WHOLESALE TRADE t
Sales estimated (unadi ) total
Durable-goods establishments
Nondurable-goods establishments
bil of dol
do
do
Inventories estimated (unadj ) total
Durable-goods establishments
Nondurable-goods establishments
do
do
do
r
11.7
4.3
7.4
11.2
4.2
7.0
12.5
6.6
5.9
12.7
6.6
6.1
12.8
6.7
6.1
171, 229
171, 510
171, 790
r
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseas
thousands. . 168, 737
EMPLOYMENT
Noninstitutional population, estimated number 14
years of age and over, total©
thousands
119, 047
Total labor force, including Armed Forces
Civilian labor force, total _ __ _
Employed
Agricultural employment
Nonagricultural employment-Unemployed
_
Not in labor force
.
_ _
169, 028
169, 291
169, 541
169, 800
170, 045
170, 270
172,069
120, 983
119, 198
119, 344
119, 481
119, 614
119, 745
119, 899
120, 057
120, 199
120, 383
120, 579
120, 713
120, 842
do...
70, 896
70, 905
70, 560
69, 855
2 68, 638
2 69, 128
2
2
2 70, 714
2
72, 661
2
73, 051
2 71, 833
2 71, 044
2
do
do
do
do..
do
68, 069
66, 071
7,388
58, 683
1,998
68, 082
66. 174
7,173
59, 000
1,909
67, 732
65, 269
6, 192
59, 076
2,463
67, 029
64, 550
5,110
59, 440
2,479
22 65,
62,
2 4,
2
57,
2 3,
266,311 2 66, 746 2 66, 951 2 67, 893 2 69, 842
2 63, 190 2 63, 865 2 264, 261 2 65, 178 2 66, 504
2 7, 534
5, 755 2 6, 659
2 5, 434
2 5, 195
2 57, 996 2 58, 431 2 258, 506 2 58, 519 2 58, 970
2 2, 715
2 3, 337
2, 690
2 3, 121 2 2, 882
2
2
70, 228
67, 221
2
7, 772
2
59, 449
2
3, 007
22 68, 994
66, 385
2
6, 823
2
59, 562
2
2, 609
2 68, 225
2 265, 674
6, 518
2
59, 156
2
2, 552
2 68, 513
2
66, 005
2 6, 837
2 59, 168
2
2, 508
do
48, 151
48, 293
48, 783
49, 626
2 50, 973
2 50, 617
2 50, 337
2
47, 528
2
2 49, 797
2 49, 684
52, 663
17, 119
9,826
7, 293
52, 952
17, 238
9,999
7,239
53, 007
17, 180
10, 067
7,113
53, 639
17, 159
10, 071
7,088
51, 716
16, 959
9,990
6,969
51, 704
16, 945
9, 992
6, 953
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Dept. of Labor)
.do _
M anuf acturing
do
Durable-goods industries
... _ _ . do._ .
Nondurable-goods industries
do
821
578
935
643
244
69, 562
2
69, 771
2
47, 722
48, 880
50, 286
2 49, 485
51, 919
16, 933
9,976
6, 957
52, 270
16, 822
9,927
6,895
52, 482
16, 762
9. 895
6,867
52, 881
16, 852
9,913
6, 939
52, 605
16, 710
9,756
6, 954
r 52, 891
- 16, 955
r 9, 802
r 7, 153
71, 299
- 53, 132 p 53,
- 16, 884 p 16,
- 9, 695 p 9,
- 7, 189 f 7,
078
767
679
088
p848
Mining, total
do
Metal _ ..
. _. _do_.
Anthracite
do
Bituminous coal __ _ _
do
Crude-petroleum and natural-gas production
thousands __
Nonmetallic mining and quarrving.
_ do _ _
Contract construction _ _ _ _ _ _
do
842
114
30
239
836
112
30
241
837
111
31
241
837
111
32
242
832
110
31
242
833
110
31
243
831
110
30
240
833
111
29
239
835
112
27
239
858
112
31
242
857
113
31
231
-862
112
27
'238
339
121
3,342
333
120
3,296
335
119
3,174
336
116
2,997
337
112
2,667
339
110
2,673
339
112
2,756
340
115
2, 906
340
118
3,082
355
119
3, 232
-362
119
3, 275
363
121
- 3, 305
356 ~~"p~i22~
'123
' 3, 287 p 3, 205
Transportation and public utilities?
Interstate railroads
Local railways and bus lines
Trucking and warehousing
Telephone
Telegraph
Gas and electric utilities
do
do
do
do
do
do
do
4,191
1,189
110
820
762
43
578
4,189
1,188
109
833
758
43
572
4,184
1,174
109
839
760
42
572
4,194
1, 173
109
843
759
42
571
4.126
1. 139
108
817
757
41
570
4, 120
1, 133
109
819
761
42
570
4,147
1,132
109
820
764
42
571
4,153
1,136
108
821
766
42
573
4,156
1, 137
108
821
767
42
573
4,181
1, 145
108
829
770
42
582
4,199
1, 140
108
-833
-782
42
590
••4,215
1, 149
108
838
782
42
590
f
Wholesale and retail trade
Wholesale trade ._
_ _ _ _.
Retail trade 9
General-merchandise stores. .
_
Food and liquor stores
Automotive and accessories dealers
do
_do__
do
.do__
do
do
11,319
3, 068
8,251
1,422
1 549
797
11, 445
3, 090
8,355
1,476
1.568
796
11, 657
3,119
8,538
1, 600
1,588
804
12, 260
3,149
9,111
1, 970
1, 612
817
11, 298
3, 106
8,192
1,388
1, 575
794
11,225
3,114
8. til
L333
1,587
793
11, 265
3,117
8.148
1, 343
1, 591
796
11,428
3, 114
8,314
1, 402
1, 603
796
11,411
3, 113
8, 298
1, 382
1,601
798
11, 505
3, 140
8, 365
1,380
1,607
804
11,493
3,166
8,327
1, 317
1,606
807
r 11,499
Finance, insurance, and real estate
Service and miscellaneous 9 _ _ _ _ _ _
Hotels and lodging places
Laundries
Cleaning and dyeing plants
Government _ ' _ _ _ _ _ _
do
_do__.
do _
do
do
do .
2,325
6,322
535
334
164
7, 203
2, 315
6, 343
495
333
166
7,290
2.314
6, 327
488
332
164
7,334
2, 308
6,295
482
330
163
7,589
2,293
6, 239
474
330
161
7, 302
2,301
6, 273
481
328
159
7,334
2,310
6,317
482
328
160
7, 300
2,320
6,432
499
329
164
7, 376
2, 329
6,520
513
334
168
7, 387
2. 359
6, 551
540
337
168
7, 343
2, 390
6, 524
-598
.
338
163
7,157
2,389
- 6, 509
598
333
156
- 7, 157
52, 148
16, 874
9,816
7, 058
52, 367
17, 045
9, 959
7,086
52, 441
17,072
10, 019
7, 053
52, 541
17, 106
10, 035
7,071
52, 493
17,053
10, 006
7,047
52, 577
16, 995
9, 980
7, 015
52, 547
16, 962
9, 945
7, 017
52, 593
16, 965
9,928
7,037
52, 698
16, 946
9,915
7,031
52, 773
16, 924
9,907
7,017
52, 815
16, 880
9,869
7,011
-f 52, 844
16, 836
- 9, 844
r 6, 992
Total, seasonally adjusted
Manufacturing
_____
Durable-goods industries
.
Nondurable-goods industries
_
do
_ _ .do _
do
do
-r 3, 179
8, 320
r 1, 352
- 1, 600
805
••855
- Ill
28
237
p 106
"~~p"239"
4, 206
1,136
108
855
772
42
585
p 4, 157
- 11,617
-r 3, 184
8, 433
- 1, 416
- 1, 612
-800
*> 11, 729
p 3, 204
p 8, 525
r 1. 458
p 1, 628
p 798
- 2, 360 p 2, 351
- 6, 540 p 6, 550
527
330
161
- 7, 383 ~p~7,~47.r
- 52, 644
- 16, 663
- 9, 685
- 6, 978
p 52, 507
p 16, 590
p 9, 642
p 6, 948
Mining.. __
__ _ _._ ._ _ _
.do __
832
833
836
841
831
833
833
838
854
-851
-853
843
p 848
861
2, 963
3, 074
3, 080
Contract construction
do
3,059
3, 062
3,020
3,067
3,080
3, 108
3,097
- 3, 029 p 2, 995
3,061 r 3, 032
4, 173
4, 160
4,168
4,169
4,178
4,164
4,159
4,160
4, 168
4,188
Transportation and public utilities _ _
.do ._
4,168 - 4, 184 - 4, 175 p 4, 146
11, 372
11,319
11, 542
11, 501
11, 519
11,408
11,465
11, 388
Wholesale and retail trade
do
11, 490
11, 579
p 1 1, 655
11,636 - 11, 669 -11,617
r
2,322
2,324
2,326
2,327
2. 325
2,320
2,316
Finance, insurance, and real estate .
do ..
2, 336
2,329
2,320
2, 360 p 2, 363
2, 343 r 2, 354
6,327
6,280
6,291
6,424
6,359
6. 366
Service and miscellaneous
do
6,400
6, 381
6,401
6,454
6, 492
6. 477 - 6, 507 P 6. 485
7.261
7,272
7, 255
7,249
7, 317
7, 310
7, 354
7, 331
Government _ _
_____
____
do.
7,347
7, 358
7, 374
- 7, 439 - 7, 442 p 7, 425
- Revised.
p Preliminary.
1 Net sales; not comparable TS-ith data through J muary 1957, which are gross. Compar able figur e for Octo ber 1956 i 5 $103,227, 300. 2 see note mar ked "8"
for this page.
JSee corresponding note on p. S-3.
® Estimates beginning January 1957 reflect certain changes in definitions for employment and unemployment as follows: Two small groups of persons formerly classified as employed are
now classified as unemployed (except for the subgroup "in school and waiting to start new jobs" which is now counted as not in the labor force). Estimates for October 1957 on the old basis,
comparable with data shown through 1956, in order as shown above (thous.): 120,983; 71,303; 68,517; 66,240; 6,838; 59,402; 2,277; 49,680. Data on the old basis for earlier months of 1957 are
shown in previous issues of the SURVEY.
9 Includes data for industries not shown separately.
SURVEY OF CURRENT BUSINESS
S-12
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
October
August September
June
July
12, 788 ' 13, 024 ' 12, 976 P 12, 907
7,432 ' 7, 476 ' 7, 384 p 7, 402
74
'73
*70
75
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)
thousands
Durable-goods industries _ _ _ _ _ _ _
do _
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousands.Sawmills and planing mills
_ _
do
Furniture and
fixtures
__.
do
Stone, clay, and glass products
do
Primary metal industries 9 __ _ _ _
_ _ do _
Blast furnaces, steel works, and rolling mills
thousands
Primary smelting and refining of nonferrous
metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equip.)
thousands-Machinery (except electrical)
_ do __.
Electrical machinery
do
Transportation equipment 9
__do _ ..
Automobiles
do _
Aircraft and parts.
do. _
Ship and boat building and repairs
do___
Railroad equipment
do
Instruments and related products
_ _do_ _
Miscellaneous mfg. industries
do
Nondurable-goods industries
Food and kindred products 9 _
Meat products
Dairy products
_
Canning and preserving
Bakery products
Beverages
do
do _
do
do _
do
do .
do
13, 345
7,616
82
13, 465
7,788
82
13, 392
7,839
82
13,350
7,827
83
13, 150
7,740
81
13, 114
7,721
79
13, 085
7,693
79
12, 960
7,635
78
12, 894
7,600
77
12, 955
7,603
76
700
366
324
469
1,128
684
358
325
476
1,134
655
347
320
470
1,134
628
336
320
465
1,135
594
323
312
453
1,133
589
319
313
449
1,124
593
319
312
451
1,112
612
329
312
455
1,101
638
338
308
456
1,093
659
346
311
459
1,093
645
- 343
309
443
1,075
570
566
564
563
559
559
554
549
546
547
'543
541
538
57
56
56
57
57
55
55
55
54
54
'53
53
52
885
1,254
886
1,236
525
554
910
1,255
908
1,354
628
564
911
1,262
913
1,438
694
579
908
1,277
900
1,478
715
589
904
1,287
884
1,481
710
595
902
1,294
877
1,482
700
603
898
1,291
869
1,474
689
603
889
1,277
853
1,446
663
602
883
1,255
847
1,435
652
598
887
1,239
855
1,415
632
594
869
1,207
848
1,373
'603
'585
107
41
233
419
108
45
234
427
113
44
235
419
118
49
233
401
120
50
231
379
122
50
230
381
125
50
231
382
123
51
230
382
126
51
226
383
128
53
224
386
126
52
221
369
5,553
1,125
284
69
185
175
124
5,523
1,076
283
68
152
173
118
5,410
1,015
270
67
134
168
111
5,393
987
258
65
129
169
109
5,392
989
255
67
127
168
115
5,325
990
253
69
135
168
113
5,294
1,004
253
72
136
169
121
5,352
1,056
258
76
164
172
127
5,356
1,120
'261
77
'221
'173
130
5,729
1,282
274
75
359
173
125
j5, 677
* 1, 209
279
71
268
176
124
'630
'645
339
346
319
'317
'461
'459
' 1, 077 ' 1, 067 P
125
46
'225
'395
96
955
423
202
93
948
421
195
88
935
418
189
84
933
415
190
77
929
410
193
74
919
407
192
73
911
402
193
73
913
401
197
71
895
396
191
'90
'911
400
197
1,085
472
233
1,096
470
231
1,092
470
231
1,093
472
234
1,076
468
232
1,095
466
232
1,098
467
231
1,069
467
231
1,039
465
230
1,045
469
233
1,024
459
'227
1,084
'465
229
557
548
213
177
134
210
86
337
216
563
550
212
176
133
215
86
336
214
564
546
212
176
134
194
70
335
215
566
547
214
174
133
216
87
338
220
557
549
214
172
133
216
87
336
221
555
548
212
173
132
213
87
340
222
559
550
211
173
132
211
87
341
223
559
549
208
173
133
191
71
334
219
555
544
207
174
133
204
85
325
214
556
535
206
175
133
197
78
333
219
552
529
'203
175
'133
200
84
332
219
'553
'530
201
'175
133
204
84
341
222
Production workers in manufacturing industries,
seasonally adjusted:
Total
thousands
Durable-goods industries
_
do_ _
Nondurable-goods industries
do
13, 106
7,605
5,501
13, 278
7,749
5,529
13, 283
7,790
5,493
13, 297
7,790
5,507
13, 238
7,753
5,485
13, 156
7,706
5,450
13, 109
7,662
5,447
13, 094
7,637
5,457
13, 073
7,621
5,452
13, 026
7,598
5,428
Production workers in manufacturing industries:
Indexes of employment:
Unadjusted
_ _
1947-49=100Seasonally adjusted
_ _ _ _ _ _ _ _ do_ _
107.9
106.0
108.9
107.3
108.3
107.4
107.9
107.5
106.3
107.0
106.0
106.4
105.8
106.0
104.8
105.9
104.2
105.7
104.7
105.3
2, 174. 7 i 2,1 456. 2
210.4
218. 5
2, 170. 1
211.4
2, 173. 3
211.6
2, 176. 4
212.0
2, 178. 5
211.9
2, 175. 8
211.4
2, 184. 4
215.2
2, 175. 9
210.1
126
51
'226
'405
?224
M06
' 5, 548 ' 5, 592 * 5, 505
' 1, 194 '1,212 * 1, 144
262
259
75
71
292
306
172
173
125
126
104
958
424
205
Miscellaneous employment data:
Federal civilian employees (executive branch) :
2, 169. 1
United States, continental
thousands
209.2
Washington, D C metropolitan area
do
Railway employees (class I railways) :
1,075
Total
_ _ _
_ _ _ thousands Indexes:
80.7
Unadjusted
1947-49=100-80.5
Seasonally adjusted
_
_
_ do
P318
M54
1, 055
*>882
'878
'876
' 1, 180 '1,185 P 1, 160
'861
'881
^878
' 1, 363 ' 1, 262 * 1, 337
610
517
574
559
106
956
424
203
Tobacco manufactures
do
Textile-mill products 9
_ .
do _
Broadwoven fabric mills
_do_ _
Knitting mills
do
Apparel and other finished textile products
thousands-Paper and allied products
_ _ __ _do _
Pulp paper, and paperboard mills
do
Printing, publishing, and allied industries
thousands- Chemicals and allied products
do
Industrial organic chemicals _ _ _ _ _do _ _
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
do _
Tires and inner tubes
do
Leather and leather products
do _
Footwear (except rubber) ._
_
_do .
P618
'97
'912
400
196
P92
P905
' 1, 083 p 1, 070
'468
P471
228
'564
'536
202
176
134
'206
85
'337
218
P571
P 537
v 173
P207
*335
12, 969 '12,915 ' 12, 762 p 12, 733
7,548 ' 7, 517 ' 7, 375 * 7, 364
5,421 ' 5, 398 ' 5, 387 P 5, 369
103.4
104.9
' 105. 3 ' 104. 9 p 104. 3
' 104. 4 ' 103. 2 P 102. 9
2, 192. 0 '2,184.7
216. 0
214.3
2, 152. 9
210.6
1,075
1,062
1,054
1,029
1,020
1,021
1,024
1,038
1,043
1,041
' 1, 040
1,028
1,008
80.7
82.3
79.7
81.5
78.8
80.5
77.1
76.5
76.5
76.6
76.6
77.2
76.8
77.9
77.8
76.7
78.3
76.6
78.1
76.5
'78.0
76.7
*»77. 1
"76.9
p 75. 6
P77. 1
166.7
169.0
168.2
171.4
165.5
165.0
164.3
161.5
161.0
163.8
160.5
' 164. 7
40.7
3.1
41.3
3.3
42.1
40.7
3.1
41.4
3.3
42.3
40.5
3.0
41.2
3.3
42.0
41.0
3.1
41.9
3.5
42.6
40.2
2.6
40.9
2.9
42.0
40.2
2.5
40.9
2.7
42.0
40.1
2.5
40.8
2.6
41.6
39.8
2.3
40.5
2.4
41.4
39.7
2.2
40.3
2.3
40.7
40.0
2.4
40.5
2.4
40.7
39.7
2.4
40.0
2.3
40.0
40.0
2.4
40.3
'2.4
40.1
40.0
'2.5
40.3
'2.5
'40.1
*>39. 5
*>2.3
P39.8
p2. 3
MO. 3
40.9
40.5
41.3
41.0
41.2
40.8
40.5
41.6
41.3
40.8
40.0
40.0
40.5
41.1
40.6
39.8
39.5
41.3
41.2
41.2
39.1
38.7
39.8
40.3
41.0
39.6
39.2
40.2
40.6
40.3
39.7
39.4
40.2
40.7
40.1
40.0
39.7
39.7
40.4
39.8
40.2
40.0
39.2
40.8
39.6
40.7
39.9
39.7
40.9
40.2
'39.4
'38.8
'39.3
'40.4
'39.7
'41.1
40.5
'40.7
40.9
'39.3
'39.4
39.6
'40.9
40.7
'39.4
MO. 2
41.2
40.5
40.3
40.9
40.9
40.1
39.7
39.5
39.2
39.8
'39.4
38.7
38.9
PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U S Dept of Labor)
1947-49=100
' 164. 9 9 161. 9s
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :
All manufacturing industries
hoursAverage overtime
do
Durable-goods industries
do
Average overtime.
_ _
__do
Ordnance and accessories
do
Lumber and wood products (except furniture)
hours_S a wmills and planing mills
do _
Furniture and
fixtures
do
Stone, clay, and glass products
do-__
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
hours-Primary smelting and refining of nonferrous
metals
hours.-
41.5
40.8
41.3
41.2
41.1
40.8
40.7
41.0
40.7
40.9
'40.5
40.4
40.5
l
' Revised, p Preliminary.
Includes Post Office employees hired for Christmas season; there were about 284,000 such employees in continental U. S. in December 1956.
9 Includes data for industries not shown.
MO. 8
MO. 6
*38. 0
SURVEY OF CUKRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-13
1957
January
February
March
April
May
June
July
October
August September
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc.— Continued
All manufacturing industries— Continued
Durable-goods industries— Continued
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
hours. Machinery (except electrical)
do
Electrical machinery
._ do
41.6
42.3
41.1
41.8
42.1
41.2
41.3
41.7
41.0
42.1
42.6
41.2
40.8
41.9
40.4
41.0
41.9
40.6
41.0
41.8
40.5
40.9
41.4
40.3
40.9
41.1
40.1
41.2
41.1
40.3
'40.7
40.7
'39.7
41.0
40.5
'40.2
'41.4
'40.7
'40.3
p40. 7
*40.0
^39.4
Transportation equipment 9
- -- do _ _
Automobiles
__ __
do
Aircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment
do
41.3
40.6
42.4
39.8
40.4
41.8
41.8
42.3
39.6
40.4
42.2
42.8
42.4
38.8
39.2
43.6
45.0
42.9
40.3
40.4
41.7
41.3
42.6
40.2
40.3
41.5
41.2
42.3
40.0
40.4
41.1
40.3
42.2
40.0
40.6
40.6
39.4
42.0
40.2
40.5
39.9
39.1
40.6
40.3
39.9
40.1
39.6
40.6
40.4
39.8
'39.5
'38.5
40.4
r
40. 5
'40.0
'40.2
40.0
40.4
40.2
39.6
'39.9
39.5
40.4
39.4
40.1
M0.1
Instruments and related products
Miscellaneous mfg. industries
do
do
41.1
40.3
41.0
40.7
40.8
40.3
41.0
40.6
40.7
40.0
41.0
40.3
40.7
40.6
40.6
39.9
40.2
39.8
40.5
39.9
40.1
'39.5
40.0
'40.0
'40.4
40.3
P40. 1
P40.0
do
do _ _ _
do
do
do
do
do
do
39.8
2.8
42.0
42.6
43.0
42.5
40.9
39.9
39.7
2.7
41.3
41.7
42.5
40.6
40.6
39.7
39.6
2.7
41.3
43.3
42.5
36.9
40.5
39.8
39.7
2.6
40.9
41.3
42.2
37.9
40.3
39.9
39.1
2.3
40.2
40.7
41.8
37.8
39.8
39.2
39.3
2.3
40.1
39.8
41.7
37.9
40.0
39.5
39.1
2.3
39.8
39.3
42.0
37.1
39.8
39.4
38.9
2.2
40.0
39.9
41.9
37.4
40.2
39.8
38.9
2.2
40.4
40.7
42.6
37.8
40.4
40.1
39.2
2.4
40.9
41.1
43.1
38.0
40.9
40.6
39.4
2.5
'41.5
'40.8
• '43. 7
'41.4
'41.0
41.4
39.5
2.5
'40.9
40.2
42.3
40.7
40.6
40.7
'39.6
2.6
'41.1
41.1
42.1
40.7
40.4
40.1
p39. 1
P2.4
P40. 2
do
do
do
do
40.8
39.3
39.6
37.9
39.5
40.1
40.6
38.5
38.9
40.2
40.7
38.3
39.8
40.2
40.9
37.8
38.8
39.1
39.7
36.8
38.5
39.2
39.1
37.3
37.9
38.9
39.0
37.2
36.8
38.6
38.8
37.0
39.1
38.4
38.6
36.8
38.6
38.9
38.9
37.3
39.6
38.6
38.8
'37.2
'38.4
39.1
39.3
37.9
'39.4
'39.1
39.4
37.9
p37. 1
P39.5
36.0
43.0
44.1
36.4
42.9
44.0
36.1
42.7
43.8
36.3
43.0
44.2
35.9
42.3
43.9
36.5
42.3
43.7
36.5
42.3
43.5
35.7
42.1
43.4
35.8
42.0
43.3
35.8
42.2
43.1
'36.1
42.3
'43.4
'36.8
'42.5
43.3
36.6
'42.9
43.6
P35.8
P42. 5
39.0
41.4
41.1
41.7
41.4
40.5
40.2
36.9
36.0
39.1
41.4
41.0
40.8
40.5
40.9
40.1
36.9
35.9
38.6
41.5
41.2
40.9
40.9
40.5
40.6
36.9
36.1
39.1
41.6
41.3
41.0
41.1
41.4
41.7
37.7
37.2
38.3
41.3
41.1
41.1
41.3
40.9
41.4
38.0
37.9
38.5
41.2
40.9
40.8
40.7
40.9
41.0
38.3
38.1
38.8
41.2
40.8
40.7
40. .7
40.4
40.0
38.0
37.9
38.5
41.2
40.9
41.2
41.4
40.0
40.1
36.9
36.5
38.4
41.2
41.0
40.9
40.9
40.0
40.1
36.3
35.6
38.4
41.2
41.1
40.9
40.9
40.9
41.4
37.8
37.4
'38.3
41.0
'40.9
'41.5
41.4
'41.3
'42.5
38.1
'37.9
'38.5
41.0
41.0
'40.6
40.0
'40.9
41.0
38.1
37.8
'38.9
'41.3
41.1
41.5
41.0
'40.8
40.5
'37.2
36.5
P38.7
P41.2
42.5
33.8
37.9
41.8
35.4
37.8
41.2
33.9
36.2
42.7
36.3
38.7
41.9
35.9
37.5
41.4
32.0
38.4
41.2
27.8
37.4
40.8
31.1
37.0
41.0
30.8
35.8
41.0
34.3
37.6
'40.6
'36.3
41.2
31.3
36.5
41.7
35.3
36.6
42.4
45.8
38.6
42.8
37.4
40.6
45.6
38.4
42.4
37.4
40.6
44.5
36.6
39.7
35.8
41.5
43.6
36.8
39.2
36.3
41.6
42.0
34.7
37.2
34.1
40.6
43.1
36.9
39.6
36.3
40.5
43.4
36.7
39.4
36.0
40.3
43.3
36.8
39.1
36.2
40.4
44.3
37.2
39.8
36.4
41.2
45.0
37.8
40.7
36.9
41.2
'44.9
'37.9
'41.8
'36.8
40.5
45.6
38.3
42.1
37.2
41.6
44.8
37.6
40.6
36.7
43.0
39.9
42.0
41.4
43.2
39.8
42.0
41.0
43.2
41.0
41.6
41.5
43.4
39.3
41.6
41.2
43.0
38.7
41.7
40.9
42.7
39.0
41.8
40.8
42.9
38.7
41.9
40.8
43.0
38.7
41.4
40.9
43.7
39.0
42.5
40.7
44.1
39.2
42.2
40.9
43.7
'39.5
42.2
'41.2
43.4
38.9
41.9
41.0
43.7
38.4
41.8
41.0
Nondurable-goods industries
_
Average overtime
_ __ __ __ _
Food and kindred products 9
Meat products
Dairy products
_ _.
Canning and preserving
Bakery products . _ _ . _.
Beverages
Tobacco manufactures
Textile-mill products 9
Broadwoven fabric mills
Knitting mills
_ _
Apparel and other finished textile products
hours-_
Paper and allied products
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
hours-Chemicals and allied products
.. do _
Industrial organic chemicals
do
Products of petroleum and coaL. - _ _ _ - do ...
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do Leather and leather products
_
do
Footwear (except rubber)
_ . _ _ do _ _ _
Nonmanufacturing industries:
Mining:
Metal
._
_. __do __
Anthracite
_
do
Bituminous coal__.
___ _ _ _ _ _ _ do __
Crude-petroleum and natural-gas production:
Petroleum and natural-gas pr oduction. .hours -_
Nonmetallic mining and quarrying__ _ _ do
Contract construction
do
Nonbuilding construction .
do
Building construction
_
do_._
Transportation and public utilities:
Local railways and bus lines
.. do-__
Telephone _ _ _ _
do
Telegraph
do
Gas and electric utilities
_ do
Wholesale and retail trade:
Wholesale trade. _
___.___'
do __
Retail trade (except eating and drinking places) 9
hours __
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers
do_--_
Service and miscellaneous:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
_ __do _._
Industrial disputes (strikes and lock-outs) :
Beginning in month :
Work stoppages
number
Workers involved
thousands
In effect during month:
Work stoppages
number
Workers involved
thousands
Man-days idle during month
do
IT. S. Employment Service placement activities:
Nonagricultural placements
thousands
Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :
Initial claims
thousands- Insured unemployment, weekly average
do
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
thous. of dol._
Veteraiis' unemployment allowances:
Initial claims.
___ _ . - - thousands
Insured unemployment, weekly average
do
Beneficiaries, weekly average
do
Amount of oavments
-thous. of doL.
' Revised.
*> Preliminary.
9 Includes data for industries not shown.
440444°—57-
40.6
40.5
40.5
40.7
40.2
40.2
40.1
40.0
40.1
40.2
'40.4
40.4
40.5
38.5
34.9
37.6
43.6
38.3
34.6
37.3
43.8
38.0
34.1
37.2
43.7
38.6
36.2
37.0
43.8
38.2
34.6
36.8
43.8
38.2
34.3
36.7
43.9
38.0
34.1
36.6
43.8
38.0
34.4
36.7
43.8
38.0
34.0
36.7
44.0
38.2
34.4
37.1
43.9
38.6
'34.6
'37.9
43.9
38.7
34.9
37.7
43.9
38.1
34.2
36.8
43.8
40.6
40.2
39.8
40.7
40.2
39.7
40.6
39.9
39.5
40.7
40.1
39.1
40.4
39.8
38.7
40.3
39.8
38.2
40.6
39.9
38.7
40.2
40.0
40.2
40.4
40.3
40.3
40.2
40.4
40.0
40.3
39.8
'38.1
40.6
39.4
37.6
40.3
39.5
39.3
336
156
332
133
242
158
114
29
225
60
225
60
250
80
400
150
475
190
400
140
400
160
350
140
300
270
541
209
1,630
524
178
1,180
403
204
1,460
240
53
472
325
80
550
350
130
825
375
120
775
525
190
1,380
650
260
1,850
600
220
1,850
625
260
2,500
575
220
1,600
525
315
1,670
591
599
474
410
433
387
425
480
534
528
533
536
561
761
988
834
878
973
1,013
1,229
1,285
1,565
1,737
1,002
1,730
897
1,592
1,099
1,475
1,001
1,350
881
1,251
1,267
1,285
842
1,151
1,032
'1,167
889
94, 919
752
91, 476
796
91, 700
941
104, 245
1,453
177, 598
1,530
164, 860
1,500
168, 841
1,311
154, 329
1,199
145, 657
1,172
123, 540
1,061
130, 130
1,022
121, 333
975
113, 325
13
33
48
4.499
18
24
30
3.258
21
28
31
3.168
23
35
40
3.883
31
45
53
5.572
23
49
62
5.594
21
47
62
5.886
18
39
51
5.155
16
34
40
4.222
24
33
40
3.710
20
34
41
4.539
21
35
'43
4.406
16
29
39
3,793
P39.7
p40. 5
P36.9
*>~1~237
SUKVEY OF CURKENT BUSINESS
S-14
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
August SeptemOctober
ber
July
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Labor turnover in manufacturing establishments:
Accession rate
monthly rate per 100 employees
Separation rate, total
do__ _
Discharge
do
Lay-off
_
- do. _ _
Quit
do
MilHary and miscellaneous
do
p3.2
P4. 2
P. 3
pl.6
p2. 1
1.4
2.6
.2
4 2
3.5
3
1.3
17
.2
3.0
3.3
.3
1.5
1.3
.2
2.2
2.8
.2
1.4
1.0
.2
3.2
3.3
.2
1.5
1.3
.3
2 8
3.0
2
1.4
12
.2
2.8
3.3
.2
1.4
1.3
.2
2.8
3.3
.2
1.5
1.3
.2
3.0
3.4
.3
1.5
1.4
.3
3.9
3.0
.2
1.1
1.3
.2
3.2
3.1
.2
1.3
1.4
.2
'3.2
'4. 0
.3
1.6
••1.9
'.3
81.81
88.38
93.88
82.21
89.01
95 18
82.22
88.99
94.50
84.05
91.34
96.70
82.41
89.16
95 76
82.41
88.75
96 18
82.21
88.94
95.68
81.59
88.29
95.63
81.78
87.85
94 02
82.80
88.70
94.83
82.18
88.00
93.60
82.80
* 89. 06
93.83
74.03
73.71
71.04
81.18
73.03
72.90
71 97
82.19
70.80
71.20
69 66
82.61
69.25
69.13
71 45
82.81
67.25
66.95
68 46
81.41
68.51
68.21
69 55
81 61
70.27
69.74
69 55
82.21
72.00
70.67
68.28
81.20
73.16
72.00
67 82
82.42
74.89
73.42
69.08
83.44
-71.71
r
70. 23
r
68. 38
•r 82. 82
r
100. 12
98.74
99.06
100. 94
101 27
99. 14
98.65
97.91
97 42
99.70
r
100. 44
r
r
107 17
105 65
107 36
96 96
98 01
4.1
4.4
.3
P. 2
WAGES
Average weekly gross earnings (U. S. Department of
Labor):
All manufacturing industries
dollars
Durable-goods industries
- do_ _
Ordnance and accessories
do _
Lumber and wood products (except furniture)
dollars- _
Sawmills and planing mills _ - _ _
do_ __
Furniture and
fixtures
do_
Stone, clay, and glass products
do
Primary metal industries 9
- do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equip.)
dollars. _
Machinery (except electrical)
do
Electrical machinery
_ _ _ _ _ do _ _
99. 82
p 82. 16
p 88. 36
p 95. 51
' 72. 10
72.47
'71.98
84.25
p 73. 16
r
100. 86
p 96. 52
107 53
104 90
105 18
107 16
108 79
105 06
104 01
103 89
102 31
104 67
95 04
94 16
93 71
93 43
94 76
93 43
93 61
94 02
94 89
95 53
T
87.78
95.18
82.61
89.03
94 73
83.22
87.56
93 83
83.23
90.09
96 70
84.46
86. 90
95 11
82 82
87.33
95 11
83 23
87.74
95 30
83.43
87.94
94 39
83.02
88.34
93 71
82 21
89.40
94.53
83.02
f
89. 13
93.61
r
81. 39
' 90. 20 '91.91
93. 15 rr 94. 42
r
83. 42
82. 81
- do __
do
97.47
99.06
99.07
102 41
100. 86
105 72
105. 95
112 95
99. 25
100 36
98 36
99 29
97.82
97 12
96.22
94 17
94. 56
93 84
96.24
97.42
r
T
f
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
do
_ do_ __
do
97.94
91.14
96.96
97 71
90.68
97 77
98 37
90.40
93 30
100. 39
94. 71
98. 58
99 26
93.67
98 74
98 56
94 40
98 98
99 17
94.80
100 28
99 12
94.87
100 44
94 60
96.32
98 55
95. 00
96. 15
99.10
Instruments and related products _ _ _
Miscellaneous mfg. industries
do__
do
84.26
70.93
84 05
72.45
83 64
71.73
84.87
72.67
84 66
72.40
85 69
72.94
85 47
73.49
85.26
72.22
84 42
72.04
85. 46
71.82
84.00
84 61
' 71. 50 ' 72. 00
do
do_
do
do
do
do
do
72.44
76.02
85 20
75.68
66 73
74.85
84 99
72.65
75 99
84 23
74 80
64 96
74 30
84 96
72.86
78 06
91 80
75 23
57 56
74 93
85 97
73.84
77.71
87 14
75 54
61 02
73 75
86 18
72.73
77 18
87 10
75 66
61 99
73 23
84 67
73.10
77 39
85 57
75 06
61 78
74 00
85 72
73.12
76 81
83 71
76 02
61 59
73 23
86 29
72.74
77 20
84 99
75 84
62 83
74 37
' 87 16
73.13
78 38
86 98
77 53
62 75
75 55
88 62
74.09
78.94
87 13
78.87
61 18
76. 89
91 35
T
r
r
r
r
Tobacco manufactures
do
Textile-mill products 9
do
Broadwoven fabric mills
_ _ _ __
do_ _
Knitting mills
do
Apparel and other finished textile products
dollars-.
56 30
56. 99
55.04
54.20
54 91
59 75
58.46
55 06
56
60
59
55
41
30
42
15
58 90
60 30
59.71
54 43
57 81
58*65
57 57
53 36
57
58
56
54
57
58
56
54
61
57
55
53
78
60
97
73
60 99
58. 35
56. 41
54.46
53.28
54.24
53.43
54.45
53.49
54.39
54.75
52.84
52.98
53.34
r 54. 15
Paper and allied products
do_
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars. _
Chemicals and allied products do
Industrial organic chemicals _ _ _ _ do- _ _
84.71
93.05
84 94
93.28
84 55
92. 86
85.57
94.15
84 18
93 07
84 60
93 08
84 60
92.66
84 20
92.44
84 42
92 23
85.67
93.53
87 14
95. 48
95.94
88.60
94.53
95.80
88.60
93.89
94.57
89 23
94.76
96.19
89. 86
95.40
94.22
89 21
94 94
95. 48
89 40
94 89
96.61
89 40
95.06
95.87
89 40
95. 30
96.38
90 64
96.35
96.38
91.88
97.82
Products of petroleum and coal __ _ do
Petroleum refining
do
Rubber products
do
Tires a n d inner tubes
_ _ _ _ _ d o _ __
Leather and leather products
do_
Footwear (except rubber)
_
do
108. 00
111.78
89 10
102. 51
55.72
52.56
104. 86
108. 14
89 98
102.6,6
55.72
52.41
105
109
87
103
56
52
11
20
89
53
09
71
105. 37
109. 74
92 74
109. 25
57. 30
54 31
106
110
91
107
57
55
45
86
80
19
60
39
104 60
108 26
89 28
102. 40
58 52
56 47
106. 71
110 95
87 60
103.46
56 83
54 39
106
110
88
103
55
53
75
84
80
46
90
04
108. 79
113. 70
91 21
107. 23
58.21
55.73
r
100 30
87.88
106. 12
97 39
94.87
110 38
96 00
91 19
106 79
99 92
107. 45
115 33
98 05
105 55
110 63
97 29
95 36
112 51
97 23
79 79
109 58
97 10
92 06
111 74
97 sg
88 70
107 76
98 81
100. 50
114 68
r JOG 28
17
101 35
91 08
110 96
103 83
105 19
112 00
107. 70
89.77
106. 92
108. 28
106. 22
101. 09
89.83
107. 14
108. 12
106. 96
101. 50
87.22
102 48
100 84
102. 75
104. 58
85.46
103 78
99.96
104. 91
104. 83
82 32
98 55
94 86
99. 57
101.91
84 05
104 80
101 38
105 63
101. 25
84 63
104 23
100 47
104 76
100. 75
84 87
104 88
100 88
105 70
104. 23
87 71
106 39
103 88
107 02
109. 18
90.45
108 11
106. 63
108. 49
110. 00
r
90 70
T 109 15
r no 77
r
108 93
106. 52
92 57
111 07
112 41
110 48
112. 74
91 84
110 54
109 62
110 47
85.14
74.21
85.26
92.74
85.54
74.03
85.26
92.66
85.97
77.08
84 03
94.21
86.80
75.46
84 03
93.94
86. 86
73 92
86 32
92 84
86.25
74 88
86 94
92 62
86.66
74 30
87 57
93 02
87.29
74 69
86 11
94 07
88.71
75 66
89 25
93 61
89.96
76.44
88 62
95.30
r
90. 02
r 76 63
88 62
T 96 41
89.40
75 47
87 99
95 94
90.46
74 88
87 78
97 17
Transportation equipment 9
Automobiles
Nondurable-goods industries
Food and kindred products 9
M^eat products
Dairy products
Canning and preserving
Bakery products
Beverages
_
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do_
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars _
Nonmetallic mining and quarrying
do _ Contract construction
do
Nonbuilding construction
_ _
do
Building construction
do_ __
Transportation and public utilities:
Local railways and bus lines
do
Telephone.
_ _
do
Telegraph
do
Gas and electric utilities
_ do. _
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars. _
General-merchandise stores
_
do
Food and liquor stores
_ _ _ _ do
Automotive and accessories dealers
do
Finance, insurance, and real estate:
Banks and trust companies _
Service and miscellaneous:
Hotels, year-roundLaundries
_
Cleaning and dyeing plants
r
75. 62
74.12
71. 63
84.25
r
83.20
89. 47
95. 04
r
r
Revised.
p Preliminary.
9 Includes data for industries not shown.
45
68
21
64
76
71
104
107
90
106
58
56
37
80
70
09
99
35
55
31
57
57
56
53
04
90
26
65
95 18
95. 20
94 71
94.94
97. 20
100 80
r
r
' 74. 47
79 27
87 31
80 85
64 17
77 49
r 92 74
r
r
r
r 112 20
r
58 29
56 09
r H2
96. 15
96.53
104. 26
77. 71
r
57 22
58 65
56.99
55 33
86. 05
72.94
P 85 41
p 72. 40
r
T
75. 24
78. 91
90 01
78.31
65 93
76.76
89 02
p 74. 29
p 77 59
r
r
57 52
59 04
57.52
55 33
v 55 28
p 59 65
r
87 55
95.26
f
96. 64
92 25
98.40
r
109. 21
111 60
92 84
107. 83
58 67
56 32
r
r
89. 23
96.79
P 87 98
' 98. 03 p 97. 14
92. 93 p92 29
99.05
T
113.30 p 106. 79
116 44
93 02 p 92 75
107. 33
r
57 66 P57 20
54 75
r
82 22
83 03
83 84
82 81
82 81
83 01
82 80
83 81
84 82
T §5 65
85 24
85 86
61.22
43.97
64.30
81.53
60.90
43.60
63.78
81.03
60.42
42.63
63.98
81.72
59.83
43.80
63.27
81.91
61.50
43 94
63.66
82.34
61.50
43.90
63.86
82.53
61.56
43 65
63.68
82.78
61. 56
44 38
63.86
S3. 22
62.32
44 54
64 59
84.48
63.41
45. 75
65. 67
85.17
64 46
^r 4 5 67
6 7 46
84.73
64 63
45 72
67 11
84.73
63 63
45 14
66 61
83.66
_ do. _
61.93
62.55
62.35
62.86
63.82
63 74
63 89
63 78
63 67
63.80
r 64 52
64 31
64 63
_ _ do _.
do _ _ _
do
42.63
42.61
50.94
42.74
42.61
50.82
42.63
42.29
50.56
43.14
42.91
50. 05
42.42
42.59
49.92
42.32
42.59
48.90 1
43 23
43 93
52.79
43 42
44.04
52.40
43 93
43 38
«• 49. 91
44 25
43 34
48.88
44 33
43 45
51.09
42 21
43.20
52.26
p 98. 65
r
82 82
42 63
42.69
49. 54
* 89. 95
P92 40
p 81. 56
' 55. 20 ' 55. 27 p 53. 34
92 25
98 16
111 64
115 92
94 16
96. 15
97.28
99.79
98. 15
99.94
85 22
77.83
65 93
76.33
89 95
63 76
57 90
56.26
53 94
r
r
74.26
r
r 96. 13
T
97. 69
98 80
v 71. 81
p 84. 45
SURVEY OF CUEEENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
S-15
1957
January
February
March
April
May
June
July
October
August September
EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U.
"Labor) :
All manufacturing industries
Excluding overtime J
Durable-goods industries __
Excluding overtime t
Ordnance and accessories _
Lumber and wood products
S. Department of
. . _ __
dollars
do
do
do
do
(except furniture)
dollars. Sawmills and planing mills
do
Furniture andfixtures.
do
Stone, clay, and glass products
do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals. _ _ dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment) _. .dollars..
Machinery (except electrical)
do
Electrical machinery
do
2.01
1 93
2.14
2 06
2.23
2.02
1 94
2.15
2 06
2.25
2.03
1,96
2.16
2 08
2.25
2.05
1 98
2.18
2 09
2.27
2.05
1 98
2.18
2 10
2.28
2.05
1 99
2.17
2 10
2.29
2 05
1 99
2 18
2 11
2 30
2
2
2
2
2
1.81
1 82
1.72
1.98
2 43
1.79
1 80
1.73
1.99
2.42
1.77
1 78
1.72
2.01
2 44
1.74
1 75
1.73
2.01
2.45
1.72
1 73
1.72
2.02
2 47
1.73
1 74
1 73
2.01
2 46
1.77
1 77
1 73
2.02
2 46
2 61
2 59
2 61
2 62
2 66
2 62
2 29
2 28
2 28
2.29
2 30
2.11
2.25
2 01
2.13
2.25
2.02
2.12
2.25
2 03
2.14
2.27
2.05
Transportation equipment 9
Automobiles
_ _
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg. industries
do
do
do
do
do
do
do
2.36
2.44
2 31
2.29
2 40
2.05
1.76
2.37
2.45
2 31
2.29
2 42
2.05
1.78
2.39
2.47
2 32
2 S3
2 38
2.05
1.78
do
do
do
do
do
do
do
do
1.82
1.76
1.81
2 00
1.76
1.57
1.83
2 13
1.83
1.77
1.84
2 02
1.76
1.60
1.83
2 14
Tobacco manufactures
do
Textile-mill products 9 -do
Broadwoven fabric mills
__ ... do
Knitting mills __
do
Apparel and other finished textile products
dollars. _
Paper and allied products
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries. do
Chemicals and allied products
do
Industrial organic chemicals
_ do
1.38
1.45
1.39
1.43
Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes,
_
Leather and leather products
Footwear (except rubber)
_
Nondurable-goods industries
Excluding overtime t
Food and kindred products 9
Meat products
Dairy products..
_
Canning and preserving
B aker y products
Beverages
_
do
do
do
do
do
do
Nonmanufacturing industries:
Mining:
Metal. _.
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod
dollars
Nonmetallic mining and quarrying
do Contract construction
do
Nonbuilding construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines _ _ _
do
Telephone.. ..
do
Telegraph.
do
Gas and electric utilities _ _ _
_ _
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
do
Laundries _
_ _ _
do
Cleaning and dyeing plants
do___
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol per hr
Skilled labor
do
Farm wage rates, without board or room (quarterly)
41
dol. per hr_
Railway wages (averaee, class ! ) _ _ _ _
do
Road-building wages, common labor (qtrly). do.__
P2.08
06
00
18
12
31
2.07
2 01
2.19
2 13
2.33
2
2
2
2
2
07
01
20
14
34
2.07
2.01
'2. 21
2 14
2.34
2.08
2.02
'2.22
2.16
'2.37
1.80
1 78
1 72
2.01
2 46
1.82
1 80
1 73
2 02
2 46
1.84
1 84
1.74
2.04
2 48
1.82
1 81
1 74
2.05
2 53
1.84
1 83
1.76
2.06
2.54
'1.83
1 83
1.76
2.07
'2.56
2 62
2 63
2 61
2 63
r
2 72
2 73
2.76
2 29
2 30
2 31
2 32
2 33
r
2 35
2 40
2.42
2.13
2.27
2 05
2.13
2 27
2 05
2.14
2 28
2 06
2.15
2 28
2 06
2.16
2 28
2 05
2.17
2.30
2 06
'2.19
2.30
2 05
'2. 20
2.30
r
2 06
'2.22
'2.32
'2.07
P2. 21
P2.31
v 2.07
2.43
2.51
2 34
2.35
2 44
2.07
1.79
2.38
2.43
2 33
2.33
2 45
2.08
1.81
2.37
2 41
2 33
2 36
2 45
2.09
1.81
2.38
2 41
2 35
2 37
2 47
2.10
1.81
2.37
2 39
2 36
2 36
2 48
2.10
1.81
2 37
2 40
2 33
2 39
2 47
2.10
1.81
2.40
2.46
2 34
2.38
2 49
2.11
1.80
2.41
2.46
2 35
2 40
'2.43
2.47
2 38
2.42
2 52
2.10
1.80
'2.46
2.53
2 38
2.45
2 60
'2.13
1.81
P2.46
1.84
1 78
1.89
2 12
1.77
1.56
1.85
2 16
1.86
1 80
1.90
2 11
1.79
1.61
1.83
2 16
1.86
1 81
1.92
2 14
1.81
1.64
1.84
2 16
1.86
1 81
1 93
2 15
1 80
1. 63
1 85
2 17
1.87
1 81
1 93
2 13
1 81
1.66
1 84
2 19
1.87
1 82
1 93
2 13
1 81
1 68
1 85
2 19
1.88
1 83
1 94
2 12
1 82
1 66
1 87
2 21
1.89
1 83
1.93
2 12
1.83
1.61
1.88
2 25
'1.89
1 84
r
1 91
'1.90
1 84
1.92
2 19
1.86
1.62
1.90
2 22
pl.90
1 85
1. 55
1 89
2 24
1.88
1 83
1.90
2 12
1.84
1.62
1.88
2 21
1 39
1.49
1.44
1.43
1 45
1.50
1.46
1 44
1 48
1.50
1.46
1.44
1 49
1. 50
1.45
1 45
1 49
1 50
1.45
1 45
1 53
1 50
1.45
1 46
1 55
1 50
1 45
1 45
1 58
1 50
1 45
1 46
1 58
1.50
1.45
1 46
1 61
1 50
1.45
1 45
1 49
1.50
1.45
1 46
' 1 46 P 1 49
' 1.51
P 1.51
1.46
1 46
1.48
1.97
2.11
2.46
2.14
2.30
1.49
1.98
2. 12
2.45
2.14
2.29
1.48
1.98
2.12
2.45
2.15
2.30
1.50
1.99
2.13
2.46
2.16
2.31
1.49
1.99
2.12
2.46
2.16
2.31
1.49
2.00
2 13
2.48
2.17
2.32
1.50
2.00
2 13
2.49
2.17
2.33
1.48
2.00
2 13
2.49
2.17
2 33
1.48
2.01
2 13
2.51
2.20
2 35
1.49
2.03
2.17
2.51
2.23
2.38
1.50
2.06
2 20
2.51
2.25
2.40
1.50
2.06
2 20
2.51
2.25
2.40
'1.51
2.08
2 22
2.52
'2.25
2.41
pl.49
P2.07
2.59
2.70
2.20
2.55
1.51
1.46
2.57
2.67
2 20
2.56
1.51
1.46
2.57
2.67
2 17
2.55
1.52
1.46
2.57
2.67
2 24
2.62
1.52
1.46
2.59
2.68
2 23
2.60
1.52
1 47
2.56
2 65
2 22
2 59
1.53
1 48
2.57
2 66
2 21
2 56
1 54
1 49
2.59
2 68
2 19
2 58
1 54
1 49
2 61
2 71
2 22
2 58
1 54
1 49
2.66
2.78
2 23
2.59
1.54
1 49
P2.69
2 36
2.60
2 80
2 33
2 68
2 92
2 33
2 69
2 95
2 34
2 96
2 98
2 34
2 94
2 95
2 35
2 98
2 93
2 36
2 87
2 93
2 38
2 96
3 02
2 38
9 88
3 01
2.54
1.96
2 77
2 53
2 84
2.49
1.97
2 79
2 55
2 86
2.50
1.96
2 80
2 54
2 87
2.52
1.96
2 82
2 55
2 89
2.52
1.96
2 84
2 55
2 92
2.51
1.95
2 84
2 56
2 91
2.50
1.95
2 84
2 55
2 91
2.50
1 96
2 85
2 58
2 92
1.98
1.86
2 03
2.24
1.98
1 86
2 03
2 26
1 99
1 88
2 02
2 27
2 00
1 92
2 02
2 28
2 02
1 91
2 07
2 27
2 02
1 92
2 08
2 27
2 02
1 92
2 09
2 28
2 04
2 03
2 05
2 06
2 06
2 06
1.59
1.26
1.71
1.87
1.59
1.26
1.71
1 85
1.59
1.25
1.72
1 87
1.55
1.21
1.71
1 87
1.61
1.27
1.73
1 88
1.61
1.28
1.74
1 88
1 05
1.06
1.28
1 05
1 06
1.28
1 05
1 06
1.28
1 06
1 07
1.28
1 05
1 07
1.29
2 192
3 416
2 192
3 423
2 192
3 433
2 192
3 433
2.143
.82
2.100
1.90
2 191
2 216
05
00
18
11
31
2
2
2
2
2
r
r
r 2 52
2.11
1.81
r
r
r
r 2 14
T
T
r
r
»2. 22
P2. 37
Pl.82
pl.76
P2.08
P2. 54
P2. 13
pl.81
v 1. 93
P 2. 51
P2.24
2. 69
2 79
2.73
2 84
r 2 28
r 2 27
r 2 28
p 2 29
2 64
1.53
1 48
2 63
1.54
1 49
2 65
1.55
1 50
P 1.55
2 41
2 93
3 05
r 2 47
2 46
2 91
3 04
2 49
2 98
3 06
2.58
1 98
2 86
2 61
2 94
2.65
2.01
2 86
2 62
2 94
2.67
2 02
2.63
2 03
2 90
2 67
2 97
2.71
2 05
2 94
2 70
3 01
2 03
1 93
2 08
2 30
2 03
1 94
2 10
2 30
2 04
1 95
2 10
2 33
r 2 06
1 94
2 10
2 34
2
1
2
2
2
1
2
2
2 07
2 07
2 09
2 11
T
2 12
2 11
2 12
1.62
1.28
1.74
1 89
1.62
1.29
1.74
1 90
1.64
1.31
1.76
1 92
1.66
1.33
1.77
1 94
1.67
1.32
1.78
1 93
1.67
1.31
1.78
1 93
1.67
1.32
1.81
1 91
1 05
1 07
1.28
1 05
1 07
1.28
1 05
1 08
L30
1 07
1 09
1.31
1 08
1 09
1.31
1 09
1 09
'1.31
1 09
1 10
1.30
1 10
1 10
1.30
2 212
r 3 456
2 220
r 3 457
2 220
3 462
2 2°5
3 467
2 956
r 3 486
2 286
3 510
2 299
3 543
2 333
3 581
2 334
3 585
.95
2 198
1 86
2 240
2 208
92
2 212
1 82
2 236
2 272
93
2 249
1 88
2 263
r
T
2.69
2 80
r 3 09
r 2 88
r 2 65
r 2 96
06
94
10
34
07
95
10
37
2 334
3 604
84
' Revised.
P Preliminary.
JData through 1956 shown in the 1957 edition of BUSINESS STATISTICS are based on adjustment factors; the 1956 figures therein have since been revised to reflect calculations from overtime
hours now regularly collected. Revisions for 1956 appear in the August 1957 SURVEY; the published estimates through 1955 are essentially comparable.
9 Includes data for industries not shown separately.
§ Rates as of November 1, 1957: Common labor, $2.336; skilled labor, $3.606. Scattered monthly revisions for 1952-55 for skilled labor rates are available upon request.
SURVEY OF CURRENT BUSINESS
S-16
November 1957
1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
January
Febru-
March
ary
April
July
June
May
October
August September
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil ofdol
Commercial paper
do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
mil of dol
Farm mortgage loans* Federal land banks do
Loans to cooperatives
.
do .
Other loans and discounts
do
805
549
843
573
924
568
967
506
1 012
548
992
555
1 019
489
1 018
466
984
483
979
454
1 000
459
1,227
501
1,197
501
2 980
1 689
397
893
2 966
1,709
441
816
2 960
1 724
462
774
2 971
1 744
457
770
3 003
1,763
454
786
3 062
1,788
444
829
3 120
1,817
423
880
3 185
1,836
411
938
3 234
1,855
389
990
3 287
1 870
384
1,033
3 327
1,877
409
1,041
3,345
1,887
420
1,038
3,354
1,896
430
1,027
167, 154
61 223
34, 057
193, 140
70 794
40 148
185 223
66 989
39 425
201 876
77 495
40 912
200, 559
74 509
41,711
190, 539
68 409
40, 194
189, 297
70, 953
39, 095
51, 309
25, 487
664
23, 680
21, 197
51, 391
25, 236
538
23, 767
21, 223
52 145
26, 267
518
24, 385
21 227
52 910
26, 699
50
24, 915
21 269
51,853
25, 195
668
23, 421
21 562
51 387
24, 704
595
22, 887
21 626
51,016
24, 970
994
23, 149
21 627
51,494
24, 960
829
23, 169
21 635
61, 618
25, 224
1 170
23, 108
21 932
51, 362
24, 816
558
23, 035
21 945
51, 753
24, 691
420
23, 355
21, 946
51, 626
25. 418
986
23, 539
21, 939
50, 884
24, 622
396
23, 312
21, 943
52, 035
25, 206
789
23, 338
22, 005
51, 309
19, 927
18, 831
381
26, 546
51,391
19, 734
18, 668
209
26, 567
52 145
20, 209
19, 208
489
27, 064
52 910
20, 249
19, 059
—30
27, 476
51,853
20, 203
18, 882
365
26, 698
51 387
19, 566
18, 576
282
26, 556
51 016
19, 835
18, 629
117
26, 454
51 494
19, 983
18, 864
276
26, 323
51 618
20, 252
19, 049
698
26, 476
51 362
19, 630
18, 376
-167
26,682
51, 753
19, 795
18, 630
110
26, 671
51, 626
20,079
18, 975
670
26, 861
50, 884
19, 426
18, 399
-295
26, 829
52, 035
20, 103
18, 917
^388
26, 834
45.6
45.8
44.9
44.6
46.0
46.9
46.7
46.7
46.9
47.4
47.2
46.7
47.4
46.9
54,915
56,069
56, 632
57,629
58,076
56, 370
55, 118
56, 213
55, 149
54, 307
55, 550
54, 973
54, 015
55, 805
57, 448
3,800
3,010
58, 980
4,007
2,303
59, 296
3,909
2 877
61, 966
4,183
2 181
59, 951
4,211
790
59, 228
4,099
1 554
57, 179
4,045
3,946
58, 635
4,545
2 822
57, 383
4,439
3 214
57, 306
4,238
5 004
58, 276
4,169
2 381
57, 374
3,878
2,647
57, 159
3,872
4 008
58, 495
3, 857
1. 683
20, 921
20, 912
20, 640
21,017
21,336
21 554
22, 083
22 114
22 372
22 484
22 529
22, 612
22, 821
22, 025
19, 760
971
13, 844
19, 794
929
13, 653
19, 556
898
13, 609
19, 919
916
15, 609
20, 214
939
12, 625
20, 407
964
12, 775
20, 897
1,004
13, 373
20, 870
1,063
13 098
21,082
1,111
12 253
21, 171
1,125
13 478
21,219
1,123
13 352
21, 292
1,135
12, 836
21, 494
1,143
13 693
21, 635
1. Ill
13, 094
Investments, total
_
do
U. S. Government obligations, direct and guaranteed, total.
_
mil. of dol
Bills
do
Certificates do
Bonds and guaranteed obligations.
_ do
Notes.
_
do
Other securities
do
33, 857
33, 668
33, 746
34 259
33, 521
33 259
34, 309
33 675
33 486
33 922
32 797
32, 535
33 335
33, 129
25, 979
486
953
18, 943
5,597
7,878
25, 961
818
790
18, 895
5,458
7,707
26, 141
1 260
762
18, 840
5,279
7, 605
26, 774
2 093
703
18, 756
5,222
7,485
26, 101
1 681
680
18, 658
5,082
7,420
25 723
1 461
746
18, 638
4,878
7,536
26, 635
1 243
1 608
18, 569
5,215
7,674
26 034
1 125
1 311
18, 458
5 140
7,641
25 878
1 665
1 581
18, 394
4 238
7,608
26 310
2 334
1 475
18, 272
4 229
7,612
25 241
1 504
1 342
18, 188
4 207
7,556
24, 914
1 623
1 562
18, 107
3,622
7,621
25 654
1 197
1 732
18, 166
4 559
7,681
25, 191
1 156
1 600
18, 004
4. 431
7,938
Loans (adjusted), total©
do
Commercial, industrial, and agricultural
do
To brokers and dealers in securities.
_ _ do _.
Other loans for purchasing or carrying securities
mil. of doL_
Real-estate loans _
do
Other loans
. __do .
51, 798
29, 849
1,930
51, 992
29, 931
1,975
52 461
30, 407
1,915
53 375
31,137
2,130
51 776
30, 260
1,689
51 779
30, 314
1,760
52 944
31,322
1,952
53 454
31,450
2,113
52 756
31,077
1,765
54 282
32,310
1,892
53 568
31, 738
1,660
53 935
32, 012
1,810
54 563
32, 331
2,021
53 614
31, 773
1, 642
1,230
8,794
10, 871
1,208
8,857
10, 900
1,205
8,855
10, 956
1,208
8, 839
11,069
1,182
8,790
10, 868
1,148
8,762
10, 813
1,152
8,691
10, 873
1,173
8,679
11, 086
1,156
8,661
11,144
1,184
8 649
11,303
1,142
8 675
11,412
1.120
8,696
11, 355
1,118
8 727
11, 427
1,089
8, 758
11,411
Bank debits, total (344 centers)
New York City
6 other center scf
do
do
do
Federal Reserve banks, condition, end of month:
Assets, total 9
__
_
do _
Reserve bank credit outstanding, total 9
do
Discounts and advances
do _.
United States Government securities
do
Gold certificate reserves
_
do
Liabilities, total 9
Deposits, total 9
_- Member-bank reserve balances
Excess reserves (estimated).-.
Federal Reserve notes in circulation _
do
do
do
do
_do
Ratio of gold certificate reserves to deposit and FR
note liabilities combined
_ _ _ _ _ percent
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted©
mil. of dol__
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions.-do
United States Government
do
Time, except interbank, total 9 _
do ..
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
do
Interbank (demand and time) _
do
Money and interest rates :§
Bank rates on business loans:
In 19 cities
percent
New York City
do
7 other northern and eastern cities _ _
do_
11 southern and western cities
do
Discount rate (N. Y. F. R. Bank)
do _
Federal intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Acceptances, prime, bankers' 90 days . _ do
Commercial paper, prime, 4-6 months
do
Yield on U. S. Govt. securities:
3-month bills
do
3-5 year taxable issues. __
do _
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol _
U. S. postal savings! _ _ _
_ _
do
4.35
4 20
4.39
4.53
r
204, 514 r!77 536
67 035
76 460
42 596
36 886
r
197, 231
74 yge
42 113
r
192, 701 r 197, 257
71 780
72 328
42 128
40 182
r
193, 349
74 512
39 942
4.38
4 23
4.40
4.60
4 38
4 22
4.40
4.58
r
r
4 83
4 69
4.85
5.01
4 40
4 23
4.39
4 65
3.00
3.42
4.46
3.00
3.51
4.46
3.00
3.71
4.50
3.00
3.89
4 63
3.00
3.98
4.75
3.00
4.11
4.79
3.00
4. 19
4.96
3.00
4.20
5 04
3.00
4.22
5 08
3.00
4.25
5 17
3.00
4 29
5 17
3.50
4 36
5 21
3.50
4 45
5 25
2.88
3.50
2.88
3.63
3.05
3.63
3.35
3.63
3.38
3.63
3.38
3.63
3.27
3.63
3.20
3.63
3.25
3.63
3.36
3.79
3.38
3.88
3.78
3.98
3.83
4.00
3.75
4.10
2.850
3.43
2.961
3.29
3.000
3.49
3.230
3.65
3.210
3.40
3.165
3.33
3.140
3.38
3. 113
3.48
3 042
3.60
3 316
3.77
3 165
3.89
3 404
3.91
3 578
3.93
3. 591
3. 99
17, 227
1,699
17, 247
1,681
17, 372
1,665
17, 626
1,649
17,611
1,621
17, 657
1,598
17, 795
1,573
17, 780
1,542
17,895
1 511
r
18, 058
I, 462
18, 023
1 432
18, 064
* 1, 407
18, 205
v 1 384
P l 361
mil. of dol__
40, 074
40, 196
40, 631
41, 863
40, 916
40, 513
40, 503
41,015
41, 707
42, 245
42 365
42 881
43 Oil
._
30, 707
30, 811
31, 024
31, 552
31, 298
31, 233
31, 273
31, 532
31, 901
32, 344
32, 699
33, 045
33, 159
CONSUMER CREDIT
(Short- and Intermediate-term)
Total outstanding, end of month
Installment credit, total
do
14, 533
14 449
Automobile paper
do
14 478
14 389
14 436
15 092
14 852
14 410
14 501
14 659
15 295
15 519
15 455
7,752
Other consumer-goods paper
do _._
7,497
7,601
8,139
7,938
7,805
7,698
7,806
7,731
7,671
7,86i
7,818
7,867
1.758
1,781
1,797
1,793
1,772
1,754
Repair and modernization loans.
do _
1,759
1,801
1,783
1 846
1,760
1 816
1 8f>0
Personal loans
do
6,919
6,951
7,184
7,026
7,199
7,259
7,320
7,442
7,645
7,535
7,876
7.913
7,770
r
Revised.
» Preliminary.
cflncludes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
OFor demand deposits, the term "adjusted" denotes exclusion of interbank and U. S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks and deduction of valuation reserves (individual loan items are gross, i. e., before deduction of valuation reserves).
§For bond yields, see p. S-20.
IData are as of end of consecutive 4-week periods ending in month indicated.
SUEVEY OF CUKKENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-17
1957
January
February
March
April
May
June
July
October
August September
FINANCE—Continued
CONSUMER CREDIT— Continued
(Short- and Intermediate-term)
Total outstanding, end of month — Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
mil.
Commercial banks
- Sales-finance companies
Credit unions
Consumer finance companies
Other
- _
Retail outlets, total
Department stores
Furniture stores
Automobile dealers Other
.
_ _.
Noninstallmerit credit, total
Single-payment loans
Charge accounts
_
Service credit
By type of holder:
Financial institutions
Retail outlets
Service credit
Repaid total
\utomobile paper
Other consumer-goods paper
All other
26, 635
11, 606
8, 973
1,994
2,938
1,124
26, 846
11, 634
9, 075
2,021
2, 961
1, 155
27, 038
11,682
9,100
2,048
3, 049
1, 159
26, 931
11,616
9,077
2,045
3,041
1, 152
26, 967
11, 641
9, 035
2,074
3, 051
1,166
27, 101
11,711
9,048
2, 108
3,056
1,178
27, 493
11,960
9,104
2, 154
3,095
1,180
27, 810
12, 123
9, 176
2,194
3,110
1,207
28, 205
12, 300
9,300
2, 255
3, 142
1,208
28, 675
12, 492
9,476
2 311
3,194
1,202
28, 960
12, 588
9, 565
2 371
3 220
1,216
29. 076
12, 638
9,598
2, 405
3, 218
1,217
do
_.._do
do
- --do
do
4, 156
1,269
970
576
1,341
4, 176
1,269
974
574
1,359
4,178
1, 230
988
573
1,387
4,514
1, 407
1,020
572
1,515
4, 367
1,380
975
568
1,444
4,266
1,345
957
568
1, 396
4,172
1,298
936
570
1,368
4,039
1,170
922
575
1,372
4,091
1,222
923
581
1, 365
4,139
1, 243
923
590
1, 383
4,024
1,137
917
598
1,372
4,085
1, 155
926
604
1,400
4, 083
1,159
921
607
1,396
do
9,367
9,385
9,607
10,311
9,618
9,280
9, 230
9, 483
9,806
9,901
9, 666
9,836
9, 852
do
do
do
3, 361
3,780
2,226
3, 310
3, 875
2,200
3, 401
4,029
2,177
3,421
4,702
2,188
3, 360
4,085
2, 173
3, 433
3, 662
2,185
3,527
3,500
2, 203
3, 536
3, 687
2,260
3,741
3,785
2,280
3,702
3, 903
2,296
3, 580
3, 767
2,319
3, 606
3,910
2,320
3, 644
3,898
2,310
- do
-do
do
3, 361
3,780
2,226
3,310
3, 875
2,200
3,401
4,029
2,177
3,421
4,702
2,188
3,360
4. 085
2,173
3, 433
3,662
2,185
3, 527
3. 500
2,203
3,536
3,687
2,260
3,741
3,785
2,280
3,702
3, 903
2,296
3, 580
3, 767
2,319
3, 606
3,910
2,320
3,644
3,898
2,310
do
do
do
_ -do
2,981
1,150
840
991
3,382
1,284
1,010
1,088
3,387
1,225
1,037
1,125
3, 735
1, 195
1, 266
1,274
3,079
1,258
777
1,044
2, 954
1,214
727
1,013
3, 319
1, 374
809
1, 136
3, 558
1,460
856
1,242
3,709
1,511
966
1, 232
3, 638
1,490
946
1, 202
3, 797
1, 558
938
1,301
3,682
1,462
986
1,234
3, 358
1, 359
881
1,118
2,918
1,147
836
935
3,278
1,339
906
1, 033
3,174
1,254
886
1,034
3,207
1,208
879
1,120
3,333
1, 305
978
1,050
3,019
1,193
860
966
3,279
1,283
916
1,080
3,299
1,302
883
1,114
3, 340
1,318
906
1,116
3, 195
1,250
871
. 1, 074
3, 442
1, 355
926
1,161
3,336
1,302
936
1,098
3, 244
1, 295
882
1,067
3, 153
1,191
883
1,079
3, 363
1,308
942
1,113
3,453
1,354
973
1,126
3, 368
1,311
939
1,118
3,512
1, 477
899
1,136
3,496
1,426
914
1,156
3,299
1,324
878
1,097
3, 505
1,389
896
1,220
3,485
1, 349
948
1,188
3,412
1,314
939
1,159
3, 539
1,373
924
1,242
3,614
1,361
1,006
1,247
3. 564
1,418
928
1,218
3, 085
1,184
892
1,009
3,182
1,283
882
1,017
3, 160
1,231
904
1,025
3, 185
1,236
918
1,031
3,311
1,326
935
1,050
3,214
1,286
874
1,054
3,160
1,244
875
1,041
3,301
1,317
860
1,124
3, 274
1,303
880
1,091
3,251
1, 258
905
1,088
3,350
1,315
908
1,127
3,344
1,277
952
1,115
3, 432
1, 339
943
1,150
6,897
6,218
60
3,660
3,184
75
5,705
4,818
63
5,898
5,412
59
5,279
4,809
64
7,486
6,188
53
12, 145
10, 737
66
6,142
4,256
65
7,759 * 12, 779
5,282 p 11, 648
64
p58
3, 734
3,057
70
6,475
5,128
65
8,109
7,225
65
do
do
do
do
3, 687
1,709
451
990
1,526
451
207
1,400
3,436
380
662
1,165
2,391
1,825
355
1,268
3, 126
461
316
1,311
4,708
445
1, 160
1,120
2,868
7,327
692
1,192
3,646
520
633
1,278
4,587
502
1,314
1,293
p 4, 053
v 6, 722
P589
P 1, 356
1,316
541
366
1,441
3,806
355
1,003
1,245
3,986
2,304
540
1,214
do
do
do
do
do
4,918
570
353
3,152
843
5,995
582
396
3,750
1 267
5,726
580
407
3,564
1 175
5,718
631
405
3,576
1, 106
6,095
651
410
3,741
1 293
5,743
585
407
3,576
1 175
5,584
601
414
3,700
869
5,987
604
419
3, 913
1,051
5,944
604
444
3,750
1, 146
p 6, 190
p646
P409
p 5, 046
p89
6,347
659
377
3,628
1 683
5,930
628
5. 667
630
274, 261
271, 660
225, 827
45, 834
2,601
275, 283
272, 720
227, 238
45, 482
2,563
277, 017
274, 471
228, 749
45, 722
2,546
276, 628
274, 219
228, 581
45, 639
2,408
276, 229
273, 698
228, 367
45, 331
2,531
276, 269
273, 919
228, 449
45, 470
2,350
274, 999
272, 773
227, 169
45, 603
2,226
274, 008
272, 066
226, 915
45, 151
1,942
275, 234
273, 074
226, 937
46, 137
2,160
270, 527
268, 486
221, 658
46. 827
2,042
272, 469
270, 595
224, 272
46, 323
1,874
273, 845
272, 018
225, 308
46, 709
1,828
274, 412
272, 688
226, 467
46, 221
1,724
__
Installment credit extended and repaid:
Unadjusted:
Extended, total
_
Automobile paper . _ _
Other consumer-goods paper
All other
Repaid, total
_ __
Automobile paper
Other consumer-goods paper
All other
Adjusted:
Extended total
Automobile paper
_
Other consumer-goods paper
All other
26, 551
11, 548
8,989
1,960
2,924
1,130
of dol
-do _ _
do
do
do
do
__
do.
do
do _ _
do
do
_ _ do
do
.-. do_
.
_. d o .
do
_ _
do
do
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts net
Customs
__
-
Individual income taxes
Corporation income and profits taxes
Employment taxes
Other internal revenue and receipts
Expenditures, total
Interest on public debt
Veterans' services and benefits
Major national security
\11 other expenditures
mil. of dol
do
do
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
do
Interest bearing, total
_ do
Public issues
__do
Special issues
do
Voninterest bearing
do
Obligations guaranteed by U. S. Government, end
of month
mil of dol
U. S. Savings bonds:
Amount outstanding, end of month
do _
Sales series E through K§
_
do
Redemptions
do
Federal business-type activities, end of quarter: cf
Assets, except interagency, total
_ mil. of dol
Loans receivable total (less reserves)
do
To aid agriculture
do
To aid homeowners
_
do
Foreign loans
do
All other
do
Commodities supplies and materials
U S Government securities
Other securities and investments
Land structures and equipment
All other assets
do
do
do
do
do
274, 067
272, 406
226, 338
46, 068
1,661
85
89
94
103
107
109
109
103
103
107
107
109
115
103
57, 583
355
523
57, 439
414
644
57, 231
389
692
57, 018
390
728
56, 570
496
1,070
56, 317
386
728
56, 068
384
723
55, 836
389
707
55, 586
394
737
54, 996
362
1,076
54, 631
400
890
54, 364
392
750
54, 105
362
713
53, 799
337
729
i 69, 143
20, 331
7, 160
3,391
8,229
2,208
i 69, 873
20, 657
6,752
3,680
8,223
2,311
i 69, 895
21, 353
7 261
4,076
8, 237
2,107
20, 949
3 720
3,668
10 028
10, 447
21, 375
3 739
3,669
9 985
10, 448
21, 303
3 923
3, 729
9 875
9,713
•
1
1
i 5, 944
6, 755
6, 438
2 799
3 043
2 778
3, 145
3,713
3,660
i 692
i 775
i 918
1
1
62, 364
62, 506
i 62, 516
r
Revised.
» Preliminary.
* See note marked "cP".
§ Effective May 1957, for series E through H.
cf Figures are not directly comparable from quarter to quarter, since activities covered vary. Data reflect the condition of activities (public-enterprise and mtragovernmental funds, certain
other activities of the U. S. Government, and certain deposit and trust revolving funds) reporting to the Treasury under Department Circular No. 966. Interagency items are excluded
except in the case of trust revolving funds.
Liabilities except interagency total
Bonds notes and debentures
Other liabilities
Private proprietary interest
U. S. Government DroDrie tar v interest.,
do
do
do
do
. _do __
SURVEY OF CUERENT BUSINESS
S-18
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
November 1957
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance :t
Assets, total, all U. S. life insurance companies
mil. of dol__
Bonds (book value), domestic and foreign, total
mil. of doL.
U. S . Government
- _ _ _ _ _ do
State, county, municipal (U S.)
do
Public utility (U. S.)
_
do _
Railroad ( U S )
do
Industrial and miscellaneous (U. S.) __ __ do
48, 800
7,799
Stocks (book value), domestic and foreign, total
mil. of dol _
Preferred (U. S.)
_
do _
Common (U. S )
do
Mortgage loans, total
__ _
do _
Nonfarm
do
94, 419 ' 94, 882 95, 287
95, 844
96, 316
96, 738
97, 074
97, 488
97 868
98, 239
99, 005
99, 374
99, 812
2 212
13, 905
3 850
18, 429
48, 969
7,846
2 216
13, 914
3 845
18, 539
48, 982
7 745
2 228
13 962
3 842
18 583
49, 056
7 519
2 234
14 005
3 842
18 808
49, 324
7 588
2 244
14 030
3 838
18 951
49, 470
7 544
2 244
14 049
3 837
19 084
49, 564
7 427
2 251
14 110
3 840
19 204
49, 767
7 430
2 264
14 157
3 838
19 314
49, 899
7 340
2 290
14 182
3 843
19 442
50, 014
7 270
2 290
14 259
3 841
19 541
50, 480
7, 306
2 323
14, 339
3 837
19 844
50, 604
7,268
2 333
14 375
3 842
19 932
50, 755
7,224
2 340
14, 426
3, 843
20, 076
2,966
1, 702
1 252
32,110
29 655
2, 960
1,702
1 246
32, 399
29 938
2,969
1, 703
1 254
32, 706
30 240
2,909
1 636
1 261
32 994
30 524
2,921
1,632
1 273
33, 279
30 810
2,933
1 627
1 287
33 479
31 001
2.941
1 628
1 294
33 672
31 179
2,951
1 629
1 303
33 840
31 334
2,958
1 630
I 309
34 022
31 498
2,956
1 620
1 317
34 159
31 620
2,993
1, 622
1 350
34, 356
31 794
3,018
1 622
1 375
34 547
31 978
3,010
1,624
1 365
34, 697
32, 122
2 746
3,440
1 075
3, 282
2 779
3, 461
1 091
3, 223
2 815
3,483
1 107
3, 225
2 829
3, 505
1 273
3,278
2 841
3,523
1 141
3,287
2 865
3 547
1 103
3,341
2 883
3 575
1 056
3,383
2 907
3,606
1 080
3,337
2 948
3 633
1 058
3 350
2 983
3,657
1 118
3 352
3 004
3, 703
1 113
3,356
3 032
3 731
1 083
3 359
3,059
3,764
1, 128
3,399
4, 195
985
544
2,666
4,856
967
569
3,320
4 805
866
531
3,408
7 138
2,736
556
3,846
4,338
705
472
3,161
5 000
1,281
509
3,210
5 653
1, 158
563
3,932
5 907
1,510
569
3,828
6 224
1,680
574
3,970
5 545
1,365
521
3,659
5 281
1,090
492
3,699
4 963
759
515
3,689
4, 602
672
517
3,413
do
do
do
do _
do
do__.
171
598
572
209
321
119
213
789
701
258
403
139
215
838
732
260
412
145
224
919
816
310
442
152
210
738
673
249
364
131
211
767
679
250
372
137
250
959
826
301
449
165
241
949
788
282
450
168
255
983
843
309
458
173
234
898
731
297
445
158
232
910
770
306
428
156
225
880
784
298
436
159
200
805
725
273
433
152
West South Central
do __
Mountain
do
Pacific
.
.
do__.
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil. of dol
Death benefits
do
Matured endowments
_ __ _
do
Disability payments
do
241
105
299
290
119
369
281
114
370
332
160
445
295
110
354
283
116
347
346
136
424
323
135
412
348
150
452
332
136
427
333
145
419
332
138
437
320
130
374
425. 0
171.8
45.9
8.8
516. 6
223.2
57.7
9.9
473.1
197 5
56.3
9 1
590. 9
209 0
63.7
8 9
595.9
236 9
66.5
10 9
495.0
207 4
56.4
89
575.8
223 8
68.5
10 0
560. 8
228 1
63.5
98
551.5
233 6
63.2
' 94
515. 6
196 4
56.7
9 3
551 2
233 4
54.7
9 6
525
222
55
9
38.8
Annuity payments
do
73.1
Surrender values
___ __do _
86.6
Policy dividends
do
Life Insurance Association of America:
Premium income (39 cos.), quarterly total
do ___ 2, 258. 7
354.4
Accident and health
do. __
270.3
Annuities
do
249.7
Group
do
209.2
Industrial
do
1, 175. 1
Ordinary
do
45.5
95.8
84.5
44 1
86.0
80 1
38 1
94.9
176.3
61 5
98.0
122 1
41 9
94.4
86 0
45 8
108.3
119 4
44 1
110.6
104 7
44 6
108.7
92 0
45 0
102.2
106 0
46 5
107.5
99 5
44 7
105 7
87 7
Real estate
do
Policy loans and premium notes
do
Cash
•
_ _ . _ do
Other assets _
_ do_._
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance^
Value, estimated total
_ mil. of dol
Group and wholesale
do
Industrial
• _
do
Ordinary total© __ __ _ _ _ __
..do _
New England
Middle Atlantic
East North Central
West North Central
South Atlantic
East South Central
__
__
r
2, 470. 1
391.5
311.5
284 9
234.3
1, 247. 8
2, 673. 1
403.1
358.2
289 0
279.7
1, 343. 2
3
1
4
7
496
202
53
9
9
4
0
1
42 6
92.5
97 3
2, 476. 7
413. 6
297. 1
283 5
204. 7
1,277.8
2, 389. 7
410.0
241.7
266 4
202.7
1, 268. 9
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U. S. (end of mo.)
mil. of dol_.
Net release from earmark§._
do. __
Exports
thous of dol
Imports
. _
_ __
do
21, 884
86.9
22 136
4,091
21, 910
-34.3
250
4,845
21, 910
105.7
238
12, 740
21, 949
51.2
353
3,090
22, 252
295.9
88, 386
34, 498
22, 304
28.0
41, 787
11, 980
22, 306
16.0
36, 316
27, 511
22, 318
-5.8
189
20, 967
76, 700
Production, reported monthly total 9
do
52, 200
A f rica
do
12, 400
Canada. __ _
_
do
6, 000
United States
_
do
Silver:
r
734
Exports
' do
Imports _
_
_
__do_ _ _ 16, 743
.908
Price at New York
dol. per fine oz_.
Production:
2, 517
Canada
thous. of fine oz
3.520
Mexico
._
_
do_ _.
2,828
United States
do
Money supply (end of month):
Currency in circulation
mil. of dol_. 30, 768
224, 000
Deposits and currency, total
do
3,200
Foreign banks deposits, net
do. _
6,800
U. S. Government balances
do
77, 600
52, 700
12, 900
6,200
77, 000
52, 500
12.900
5, 600
72, 900
50, 500
12, 800
4,600
76, 500
53, 100
12, 600
5,000
51, 200
12, 000
4,400
54, 400
13, 200
5,100
54, 000
12. 900
4,700
968
14, 081
.912
1,329
9, 435
.914
272
8,869
.914
2,405
9,101
.914
961
6.396
.914
707
11, 232
.914
1,183
7,958
.914
2,379
3,906
3. 454
2,430
3,732
2,886
2,357
3,048
3.168
2,143
4,066
2,997
1, 024
3,784
2,925
r
30, 839
224, 800
3, 100
5, 100
31, 424
227, 000
3,400
6,500
31, 790
230, 510
3,306
5, 254
r
r
2 333
4,248
3,360
r
2 206
3,217
3,735
22, 623
-6.0
304
10, 265
22, 627
-.8
168
2, 825
22, 626
-11.4
163
28, 738
r
54, 800
12, 600
4, 900
12, 800
5,800
12, 600
5,800
1,326
5,943
.913
1,045
10, 820
.905
917
16, 241
.903
465
16, 695
.909
2, 096
4, 336
2,486
r
2 342
2,842
2,859
2,415
22, 620
285.4
144
20, 121
55, 300
13, 100
5, 000
r
r
2, 187
3,793
3,386
2,500
22, 635
—9.0
358
19,290
471
7,993
.906
.906
2,937
30, 614
31, 133
30, 585
30, 933
31, 082
30, 836
30, 519
30, 575
31,073
> 226,400 •225,100 P 225,400 p228, 100 P228, 200 P229, 100 ^229, 300 "229, 000 P229, 400
p3, 200 p3,200 p 3. 400 P 3, 300 p 3, 200 p 3 300
v 3, 100 P 3, 100 v 3, 100
p 3, 300
P 6, 100 p 5, 000 p 5, 700 P 5, 300
p 3, 900 * 5, 100 p 5, 500 p 6, 600
Deposits (adjusted) and currency, total^
do__. 214, 100 216, 600 217, 200 221, 950 p219, 900 p218, 000 P217, 200 P219, 500 p218, 300 p219, 700 P221, 000 p220, 000 p220, 900
105, 400 107, 400 108, 300 111,391 P109, 500 '107, 000 P105, 200 P107, 300 pl04, 800 P105, 500 P106, 600 P105, 100 pl05 500
Demand deposits, adjusted^
do
82, 224 * 82,900 p 83, 600 p 84, 600 p 84, 900 p 85, 600 p 86, 300 p 86, 700 P 87, 100 p 87, 600
80, 900
81, 500
81, 300
Time deposits, adjusted^-- do ..
27, 700
27, 400
28, 335 p 27,400 " 27 400 p 27,400 p 27,400 p 27,900 p 27,800 P 27 800 P 27, 800 p27 800
28, 000
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
45.2
51.4
51.8
48.3
44.8
44.7
46.9
48.7
48.3
49.5
47.1
New York City
ratio of debits to deposits. .
52 2
v 48.9
r
28.4
27.4
30.4
30.2
31.0
30.5
30.3
32.0
30.0
29.9
P 31 4
6 other centerscf
do
30.6
28 5
r
r
22.1
23.3
23.6
23.2
22.0
23.1
22.4
22.5
23.0
22.9
23.5
••22.1
337 other reporting centers
do
?24. 1
r
Revised.
p Preliminary.
t Revisions for assets of all life insurance companies for January-July 1956 will be shown later: those for insurance written for 1956 are shown in the SURVEY beginning with the July 1957
issue.
©Data for January 1956-April 1957 include revisions not distributed by areas.
§ Or increase in earmarked gold (—).
9Includes data for the following countries not shown separately: Mexico (through June 1956 only); Colombia; Chile; Nicaragua; Australia; and India.
\ The term "adjusted" denotes exclusion of interbank and U. S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
SUEVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-19
1957
January
February
March
April
May
June
July
October
August September
FINANCE—Continued
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
Net profit after taxes, all industries
mil. of dol
Food and kindred products
do.
Textile mill products _
do
Lumber and wood products (except furniture)
mil of dol
Paper and allied products
do
Chemicals and allied products
do
Petroleum refining.. _
do
Stone, clay, and glass products
do
Primary nonferrous metal.
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)- .mil. of dol Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment (except motor vehicles,
etc.)
mil of dol
Motor vehicles and parts
do
All other manufacturing industries
do
Dividends paid (cash), all industries
do
Electric utilities, net profit after taxes (Fed. Res.)t
mil of dol
Eailways and telephone cos. (see pp. S-23 and S-24).
3 670
314
82
4 255
262
96
4 099
224
66
4,072
258
65
60
157
414
688
185
194
158
35
163
451
827
162
194
410
12
149
453
806
120
176
390
40
130
469
671
170
139
377
167
365
190
145
375
190
149
385
236
178
428
226
105
166
427
129
378
435
120
467
346
139
386
395
1,680
2 259
1,804
1 817
302
331
393
327
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds total
By type of security:
Bonds and notes, total
Corporate
Common stock
Preferred stock
.
By type of issuer:
Corporate, total 9
__
Manufacturing
Mining
Public utility
Railroad
Communication
Real estate and
financial
mil of dol
1 581
1,892
1,829
1,955
2,432
2,123
3, 248
2,362
1,785
2 401
r
1, 977
r
1, 934
3,957
1,r 724
770
T
230
22
r
1,827
r
830
76
'31
3 842
913
96
19
r
937
r
246
r 14
r
255
15
' 129
219
1,028
340
28
426
24
66
78
^997
r
392
f
595
2,928
2 263
414
do
do
do
do
1,373
681
176
33
1,603
485
150
139
1,157
451
627
45
1,756
915
183
16
2, 254
916
144
34
1,769
761
329
26
2,934
1,072
276
38
2,053
647
264
46
1,675
691
85
25
1,928
1 074
407
66
r
do
do
do
do
do
do
do
890
221
42
250
55
57
239
773
330
15
232
29
69
69
1,123
168
78
156
39
600
38
1,114
538
18
160
44
76
153
1,094
396
24
251
51
107
191
1,116
558
43
265
22
47
113
1,386
377
18
514
39
284
93
956
324
21
364
28
48
96
802
142
11
363
54
83
73
1,547
660
20
444
25
139
213
r 1, 022
691
?55
336
1,118
414
646
706
389
311
841
390
427
1,337
496
685
1,007
386
569
1,862
1,327
503
1,406
390
763
983
394
539
854
362
388
'954
400
516
873
756
1,110
1,098
1,075
1,092
1,365
937
786
1 520
816
513
302
35
23
660
490
170
11
84
1,048
905
143
21
41
1,049
737
312
11
39
1,026
794
232
11
38
927
724
203
22
144
1,271
1,106
165
21
73
864
653
211
13
61
707
558
149
15
64
1 419
1, 051
368
31
69
335, 930
178, 780
645, 718
294, 244
311,354
327, 959
427, 298
148, 455
685, 472
325, 574
568 928
454, 707
503, 237
146, 928
763, 411
204, 961
538 533
337, 264
2, 816
866
2,113
2,784
835
2,131
2.817
822
2,114
336
2, 866
878
2, 195
343
2, 790
866
2, 006
322
2,764
828
2, 057
313
2. 741
820
2, 005
319
2, 820
807
2, 104
93. 52
93.76
77. 46
93.09
93.33
77.35
92.14
92.42
75.09
91. 59
91.91
71.94
93. 33
93. 69
73.00
93. 33
93. 57
76. 71
93.41
93.65
77.04
105.8
113.8
91.43
105.2
112.8
91,53
103.7
109.0
90.22
102.8
108.1
88.74
102.8
108. 6
89.96
104. 2
110.9
91.51
86, 568
86, 673
83, 606
89, 818
96, 407
101, 520
144, 608
152, 555
116, 182
120, 730
85, 561
85, 454
82, 292
88, 320
95, 082
100, 010
143, 305
150, 956
73, 740
0
73, 740
70, 081
3,659
76, 880
6
76, 874
72, Oil
4,863
105, 810
29
105, 781
100, 601
5,180
124, 985
103
124, 882
120,353
4, 525
Noncorporate, total 9
do
U. S. Government
do
State and municipal
do
New corporate security issues:
Estimated net proceeds total
do
Proposed uses of proceeds:
New money total
do
Plant and equipment
do
Working capital
do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer) :
Long-term
thous of dol
Short-term
do
'244
r 44
r
248
23
54
347
T
T
r
923
1 012
930
M57
r 474
r
15
r
60
T
r
T
905
622
283
r
9
r
9
949
803
146
40
24
387 502
152, 644
516, 182
271, 697
r
595
r
240
272 017
413 831
247 984
320
2. 833
817
2, 115
321
2,918
820
2, 156
327
2,917
829
2, 138
332
2, 862
816
2,093
339
2 824
838
2. 109
92.48
92.72
76.62
91.62
91.85
78.23
90. 10
90.32
77.28
89.93
90.16
75.93
90. 12
90 34
75. 44
89 86
90 08
75.32
104.4
110.0
90.88
104. 3
109.8
90.45
103. 2
106. 9
89.41
101.0
103. 5
87.12
100.0
103. 5
86.88
98.3
101. 2
86.92
98.0
101. 3
86 86
93 606
93, 715
85, 420
91, 927
105, 432
104, 640
91, 949
96, 698
98, 622
103, 748
94, 431
101, 398
78 750
85, 758
73 222
84, 634
114, 750
119,016
92, 471
92, 390
84, 305
90, 671
104, 304
103, 350
90, 490
94, 864
97, 613
102, 590
93, 186
99, 907
77, 601
84, 401
71, 978
83, 093
94, 060
0
94,'060
89, 458
4,590
74, 802
35
74, 767
71. 862
2,883
77, 758
35
77, 723
73, 933
3,783
90, 065
0
90, 065
86, 120
3,935
87, 537
1
87, 536
83, 306
4,227
87, 626
0
87, 626
83, 073
4,538
84, 054
2
84, 052
79, 881
4,159
74, 993
0
74, 993
70, 978
4,013
73, 706
0
73, 706
69, 798
3,896
r
1, 006
r
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed
..
_ _ -
mil of dol
do
do
do
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.),
total §
dollars
Domestic
do
Foreign
. - _ do
Standard arid Poor's Corporation:
Industrial, utility, and railroad (Al -(-issues):
Composite (21 bonds) cf.-.dol. per $100 bond._
Domestic municipal (15 bonds)
do U S Treasury bonds, taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous of dol
Face value
do
New York Stock Exchange:
Market value
do
Face value
_
.
do. .
New York Stock Exchange, exclusive of stopped
sales, face value, total§
.
thous. of dol
U. S. Government
_ _ - _. _ _
do
Other than U S Government, total §
do
Domestic
_ .- __ __
__ ..do
Foreign
do
r
Revised.
f Preliminary.
^Revisions for electric utilities for last 3 quarters of 1955, respectively (mil. dol.): 292; 285; 325.
9 Includes data not shown separately.
§Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average p>rice of all listed bonds.
cf Number of bonds represents number currently used; the change in the number does not affect the continuity of series.
98.2
102.9
93. 19
SURVEY OF CURRENT BUSINESS
S-20
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
October
August September
FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Value, issues listed on N. Y. S. E.:
Market value, total, all issues §
mil. of dol
Domestic
do
Foreign
do
Face value, total, all issues §
do
Domestic
___
__
__
_ -do _'_
Foreign
do
Yields:
Domestic corporate (Moody's)
percent __
By ratings:
Aaa
do
Aa
_ _ _ _ do
A
do
Baa _
_.
_
do
By groups:
Industrial .
_
_ _ do __
Public utility
do
Railroad _ _ _ _ _ _ _ _
_ _ _ _ _ d o
Domestic municipal:
Bond Buyer (20 bonds) _ _ _
__ _ do __
Standard and Poor's Corp. (15 bonds)
do
U. S. Treasury bonds, taxable
do
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of dol
Finance _
_ _ _
_ _ do
Manufacturing
do
Mining _
_ _ _ _ _ _ _
do
Public utilities:
Communications
do
E lectric and gas
_ _ _
_ _ _ do __
Railroad
do
Trade _ _
_ _ _ _
_ _ _ _ do __
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's):
Dividends per share, annual rate (200 stocks) -dollars. _
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
_ do
Bank (15 stocks) _ _ _
do
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) 9 _ __do
Industrial (125 stocks)
do
Public utility (24 stocks)
do _
Railroad (25 stocks)
do
Yield (200 stocks)
Industrial (125 stocks) _
Public utility (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
Insurance ( 1 0 stocks) _ _
percent
do __
do
_ _ _ do __.
do
do_ __
_ _ _
100, 588
98, 728
1,251
100, 291
98 510
1,247
99, 382
97, 663
1,211
99, 022
97, 358
1,159
100, 951
99, 253
1,165
101,317
99, 503
1,223
101,605
99, 784
1,228
100, 657
98, 847
1,227
100, 061
98 060
1,351
98, 483
96 509
1,335
98, 351
96, 447
1,263
98, 530
96 627
1,254
98, 481
96, 573
1,253
107, 555
105, 295
1,615
107, 736
105, 554
1,612
107, 861
105, 677
1,613
108, 109
105, 929
1,611
108, 165
105, 933
1,596
108, 557
106, 336
1, 595
108, 769
106, 548
1,595
108, 845
106, 613
1,602
109, 208
106, 765
1,727
109, 299
106, 855
1,728
109, 359
106, 976
1, 664
109, 336
106, 954
1 662
109, 591
107, 208
1,664
3.75
3.82
3.90
3.99
4.04
3.99
3.97
3.96
4.02
4.15
4.26
4.37
4.44
4.46
3.56
3.63
3.73
4.07
3.59
3.69
3.81
4.17
3.69
3.76
3.90
4.24
3.75
3.85
3 98
4.37
3.77
3.89
4 01
4.49
3.67
3.83
3 99
4.47
3.66
3.80
3.97
4.43
3.67
3.79
3.95
4.44
3.74
3.83
3 99
4.52
3 91
3.98
4 09
4.63
3.99
4.10
4.20
4.73
4.10
4.21
4.35
4.82
4.12
4.26
4.43
4.93
4 10
4.28
4 46
4.99
3.68
3.73
3.83
3.75
3.82
3.89
3.82
3.86
4.01
3. 95
3.93
4.08
4.02
3.98
4.12
3.94
3.97
4.06
3.90
3.95
4.04
3.89
3.94
4.06
3.96
3 98
4.13
4.14
4 06
4.26
4.19
4.19
4.39
4.29
4.33
4.49
4.31
4 45
4.56
4.32
4 48
4.57
2.90
3.07
3.19
3.08
3.14
3.18
3.24
3.38
3.30
3.23
3.44
3.43
3.07
3.40
3.33
3.05
3.26
3.20
3.07
3.32
3.25
3.23
3.33
3.30
3.35
3.52
3.39
3.40
3.75
3.61
3.47
3.75
3.63
3.56
3.91
3.62
3.45
3.90
3.64
3.79
3.84
1, 591. 4
105.3
1, 080. 9
117.9
749.8
142.6
269.6
9.5
314.4
79.7
127.6
6.4
2,217.4
267.7
1,372.9
217.0
801.5
168.5
268. 9
8.5
335.4
103.1
116.2
3.0
1, 670. 7
107.7
1, 129. 1
127.5
762.3
133. 4
272.0
8.1
300.0
62.4
130.6
2.6
1, 679. 0
107.2
1,120.6
125.7
763.6
146.5
280.9
7.4
316.2
65.7
129.4
2.5
1,671 8
105. 0
1,126 8
134.6
738.2
138.8
263. 5
8.0
40.9
120.3
59.9
42.3
23.9
140.5
96.1
19.3
61.9
10.3
1.2
78.0
3.4
10.7
7.4
45.3
130.3
91.5
55.8
36.9
141.3
90.7
37.8
77.3
8.5
1.2
80.6
7.3
18.4
5.6
42.0
119.0
74.4
45.0
26.0
140.7
107.2
27.0
63.6
10.3
1.3
81.2
3.4
11.5
7.0
41.7
132.6
73.9
51.2
26. 1
141.0
95.5
18.4
62.0
11.9
1.3
83.0
10.2
14.5
9.6
41
134
61
42
25
2
5
5
5
7
141 1
92. 9
22 1
64.1
7 7
5.36
5.86
2.32
3.97
3.39
4.01
5.39
5.89
2.33
3.98
3.45
4.01
5.38
5.88
2.37
4.05
3.45
4.01
5.39
5.88
2.37
4.06
3.54
3.99
5.43
5.90
2.40
4.13
3.52
3.99
5.44
5.91
2.41
4.11
3.52
3.99
5.44
5.91
2.42
4.11
3.52
4.00
5.44
5.91
2.43
4.09
3.57
4.00
5.44
5.90
2.43
4.09
3.62
4.00
5.43
5.89
2.43
4.09
3.64
4.00
5.44
5.91
2.42
4.09
3.62
4.00
5.44
5.92
2.42
4.08
3.66
4.00
5.45
5 93
2.44
4 09
3.66
4 04
5.45
5 94
2 44
3 98
3 64
4 04
126. 56
145. 06
48.42
66.92
127. 34
146. 17
48.46
68.22
126. 44
145. 04
48.72
67.24
130. 66
150. 74
48. 96
67.59
125. 90
142. 80
50.05
65.97
122. 54
138. 53
49.98
62.74
125. 14
141. 98
49.88
63.56
130. 64
149. 42
50.37
64.81
134. 19
154. 31
51.85
64.55
134. 03
155 23
48.96
64 79
135. 80
1 57. 66
49.60
66.03
129. 12
148. 83
48.52
61.25
121. 02
138 73
47.67
55 76
116. 51
133 59
47 15
50 88
4.24
4.04
4.79
5.93
4.17
3.34
4.23
4.03
4.81
5.83
4.23
3.22
4.25
4.05
4.86
6.02
4.37
3.30
4.13
3.90
4.84
6.01
4.41
3.28
4.31
4.13
4.80
6.26
4.44
3.15
4.44
4.27
4.82
6.55
4.59
3.10
4.35
4.16
4.85
6.47
4.58
2.99
4.16
3.96
4.82
6.31
4.61
2.92
4 05
3.82
4 69
6.34
4.77
2.91
4 05
3.79
4 96
6.31
4.84
2.97
4 01
3.75
4 88
6.19
4.68
3.05
4.21
3.98
4.99
6.66
4.62
3.34
4 50
4 27
5 12
7.34
4 81
3 49
Earnings per share (at annual rate), quarterly:
8.70
Industrial (125 stocks)
dollars. _
3.35
Public utility (24 stocks)
do
8.05
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
4.39
(Standard and Poor's Corp.)
percent _
Prices:
Dow Jones & Co., Inc. (65 stocks)
dol. per share-- 173. 96
495. 01
Industrial (30 stocks)
do
67.67
Public utility (15 stocks)
do
157. 98
Railroad (20 stocks)
do_ _
Standard and Poor's Corporation:
Industrial, public utility, and railroad: cf
Combined index (500 stocks)
1941-43=10.- 46.84
50.15
Industrial, total (425 stocks) 9
do
49.59
Capital goods (129 stocks)
__do
34.84
Consumers' goods (196 stocks) _ _
do
32.29
Public utility (50 stocks)
do
31.98
Railroad (25 stocks)
do
Banks :J
20.57
N Y City (12 stocks)
do
40.75
Outside N. Y. City (17 stocks)
do
Fire insurance (17 stocks)
do
25.91
Sales (Securit'es and Exchange Commission):
Total on all registered exchanges:
2,436
Market value
mil. of dol
Shares sold
_ _ _ thousands. _ 81, 802
On New York Stock Exchange:
2,064
Market value
mil. of doL
Shares sold
_ _ _ _ thousands. _ 54, 661
Exclusive of odd lot and stopped sales (N. Y.
Times)
_
. _ thousands.. 37, 227
Shares listed, New York Stock Exchange:
210,015
Market value all listed shares
mil of dol
4,380
Number of shares listed
millions
T
11.10
3.36
6.36
11.45
3.35
9.91
4
4
5
7
5
3
68
45
17
82
08
74
P 10. 85
P3. 31
P 6.74
4.42
4.56
4.63
4.51
4.47
4.46
4.47
4.53
4.69
4.75
4.83
4.79
4 80
171.12
483. 80
66.08
158. 96
169. 73
479. 34
66.71
155. 81
172. 41
492. 01
67.61
154. 41
171. 73
485.90
69.73
152. 75
165. 68
466. 84
70.44
143. 02
167. 16
472. 78
71.09
143. 12
170. 86
485. 42
72.02
145. 83
175. 04
500. 83
73.91
146. 64
174. 95
505. 33
72.14
145. 67
177. 76
514. 64
70.81
150. 84
168. 95
487. 97
68.49
142. 41
161. 71
471 79
67.44
129. 85
151. 27
443 38
65.18
116 70
46.24
45.76
46.44
45.43
43.47
44.03
45.05
46.78
47.55
48.51
45.84
43.98
41 24
49.52
48.63
34.41
31.67
32.22
48.92
48.27
33.60
31.82
31.73
49.79
49.59
33.38
31.70
31.75
48.43
48.48
32.62
32.32
31.36
46.10
46.43
31.55
32.29
29.59
46.86
46.56
32.08
32.45
29.37
48.06
48.26
32.67
33.03
29.78
50.10
50.11
33.64
34.03
30 42
51.30
50.92
33.59
33.35
30 11
52.54
52.15
34.86
32.93
31 20
49.51
48.48
33. 65
31.89
29.52
47 52
46.32
32.75
31. 09
27 17
44
43
31
30
24
20.80
40.73
25.97
20.38
40.70
25.95
20.20
40.94
25.17
20.39
40.39
25.86
19.62
38.40
26.70
19.50
38.87
27.80
19.40
38.82
28.38
19 42
38.96
28.31
19 25
38.64
27.99
19 75
39.56
27.73
20 14
39.57
25.66
20 02
39 07
24.70
18 59
36 96
23.12
2,619
89, 935
2,797
89, 818
2,642
96, 157
3,035
U3,712
2,330
115, 443
2,060
96, 133
2,681
108, 533
3 296
112, 428
2 987
107, 489
3 091
98, 574
2 594
83, 218
2,077
70, 805
2,247
62, 299
2,404
61, 537
2,272
64,816
2,589
77, 245
1,997
87, 467
1,720
67, 115
2,267
73,000
2,818
72,669
2,543
72, 584
2, 620
65, 617
2,216
54, 544
1,780
48,090
40, 342-
43, 550
46, 422
48, 161
37, 575
35, 652
48, 310
52, 559
44, 479
48, 262
41, 409
36, 873
211, 627
4,402
211,412
4,420
219, 176
4,462
211, 997
4,489
207, 719
4,556
212 329
4,570
221 595
4,587
228 585
4 656
227 928
4,678
229, 924
4,705
217 898
4,719
205 705
4 733
43
24
55
39
yg
63 983
Revised.
» Preliminary.
§ Include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of all listed bonds shown
on p. S-19.
9 Includes data not shown separately.
cf Number of stocks represents number currently used; the change in the number does not affect the continuity of series.
^Data not shown in 1957 BUSINESS STATISTICS; indexes prior to August 1956 are available upon request.
SURVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-21
1957
January
February
March
May
April
June
July
August
Septem- October
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
Exports of goods and services, total
mil.
Military transfers under grants, net _ _
Merchandise, adjusted, excluding military
actions©
_
_ - - __
mil.
Income on investments abroad
Other services and military transactions. Imports of goods and services, total
Merchandise, adjusted© cT
Income on foreign investments in U. S
Military expenditures. Other ser vices cf
Balance on goods and services
Unilateral transfers (net), total
Private
Government
_ _ __
-
_
U. S. long- and short-term capital (net), total
Private
___
Government _ _ _ _ _ _ _ _ _
_ _
Foreign long- and short-term capital (net)
Gold sales [purchases (—)]__ - .. __ ._
_.
Errors and omissions
6,135
437
6,938
417
7,267
605
7 761
885
4,096
669
933
4,859
746
916
5, 085
621
956
5,136
725
1,015
do
do
do
do
do
5, 069
3, 154
155
653
1,107
4,843
3 211
163
685
784
5 018
3 288
161
840
729
5 251
3 337
152
840
922
do
+1, 066
+2, 095
+2, 249
+2 510
do
do
do
-954
-127
-827
-1,049
-132
-917
-1,182
— 147
— 1,035
— 1 561
— 138
— 1 423
do
do
d o
do
do
do
-985
-801
-184
+825
-164
+212
-1,180
-1,079
-101
-162
-27
+323
- 1, 038
— 780
-258
—2
-348
+321
-1,443
— 1 258
— 185
+514
—325
+305
of dol
do
transof dol
do
do -
FOREIGN TRADE
Indexes
Exports of U. S. merchandise :$
295
Quantity
1936-38=100
624
Value
_ _
_ _ __
do
212
Unit value
do
Imports for consumption :J
169
Quantity
do
Value
_
do
487
288
Unit value
do
Agricultural products, quantity:!
Exports, U. S. merchandise, total:
160
Unadjusted
__
1952-54-100
175
Seasonally adjusted
do
232
Cotton (incl. linters), seas, adj
do
Imports for consumption, total:
Unadjusted
_
do
(')
Seasonally adjusted
__
._ _ _ _do
0)
Supplementary imports, seas. adj_
do
(01
Complementary imports, seas, adj
do _
C)
Shipping Weight
Water-borne trade:
11, 738
Exports, incl. reexports §
thous. of long tons_
12, 361
General imports.
__ _ _ _ _ _ _ _ __
do
ValueJ
Exports (mdse.), including reexports, totall
mil. of dol ... 1,533.6
By geographic regions:A
46, 926
Africa.
_
_ __ __ _
thous of dol
Asia a n d Oceania... _ _ _ _ _ _
_ do
228,333
462,532
Europe
_ _ __
do
Northern North America
Southern North America
South America.
By leading countries: A
Africa:
Egypt..
__
Union of South Africa
Asia and Oceania:
Australia, including New Guinea. __
British Malaya. _
China, including Manchuria
India and Pakistan
__
Japan. _
_
_ _ _ _ _ _ _
Indonesia
_
Republic of the Philippines _
Europe:
France _
_
East Germany
_
West Germany
_
Italy
_ _ _ ___ _
_
Union of Soviet Socialist Republics
United Kingdom .
North and South America:
Canada
_ _ _ _ _ _ _
Latin American Republics, total 9
Argentina
__
Brazil.
Chile
Colombia
Cuba
_ _
Mexico.-Venezuela
323
680
211
295
629
213
380
816
214
313
684
219
299
654
219
397
874
220
346
758
219
339
738
218
336
725
216
317
687
217
313
653
218
192
552
288
169
489
289
177
513
289
185
539
292
166
489
294
186
549
296
181
530
293
182
532
292
164
478
292
190
555
291
177
509
287
190
172
203
153
130
164
236
192
209
182
170
186
178
167
195
195
185
214
166
172
187
155
160
217
163
186
173
134
173
319
135
168
206
12, 497
13, 832
12, 398
11, 204
13, 581
10, 717
11, 434
11, 167
11, 244
9 679
14, 719
10, 811
14, 370
11 493
13, 722
13 505
14 138
13 258
1,670.9
1,543.5
2,002.5
1,680.6
1,609.1
2, 151.0
1,864.0
1,813.7
1,784.5
1, 690. 6
1, 677. 9
1,541.2
44, 526
278,404
459,720
33, 601
239,515
416,293
56 026
367,787
672,616
54 492
305,131
543 322
4? 608
286 830
491 317
71 237
393 144
654 910
69 777
339 231
516 783
66 056
325 845
478 325
53 933
315? 909
469 547
47 106
283* 023
427 290
53 345
257 992
419 977
45 271
239 294
407 106
•
r
do
do
do
312,912
150,702
161,904
369,101
172,714
170,513
356,097
172,576
153,760
320,104
201,281
201,610
303,258
167,266
170 348
312,420
164 765
140 490
363,007
212 186
249 863
371,532
189 391
217 953
371,172
181 589
222 310
353, 676
165 458
217 807
319, 873
159 242
203 702
308, 192
181 518
242 377
302, 154
164 553
210 574
do
_do
4, 759
19, 313
2,591
18, 798
1 017
14, 773
2 380
24, 577
2 140
21 912
4 536
16' 803
4 248
29' 677
2 662
22 915
3 721
27 334
2 924
23 424
3 139
22 401
2 gig
24 827
2 946
19 299
do
do
do
do
do
do
do
19, 373
4,169
0
25, 996
67, 120
15, 021
27, 396
18, 837
3,548
0
34, 194
98 260
15, 820
28, 931
15, 188
2,663
0
30 350
94 388
12, 503
24, 363
20, 461
4,720
0
64 304
122 132
19 141
31, 467
13 944
4 057
2
48 360
114? 114
12 472
25, 124
10 808
2 889
4
46 703
110 456
7 'l2l
26' 699
20 866
4 012
0
59 701
130 508
13 944
42 525
13 005
3 925
0
53 823
126 500
11 390
32 410
16 666
3 574
0
43 3Q7
125 443
9*635
30 140
15 644
3 608
3
49 225
110 502
8 058
31 731
12 465
3 287
' 0
44 483
100' 795
9' 450
24 416
15 071
3 420
0
42 630
82 165
4' 562
31 336
16 081
2 578
0
41 727
64 443
7 051
28 768
do
do
do
do
do
do
49, 102
0
67, 800
63, 175
123
88, 159
47 742
64
71,497
52 211
66
92, 687
40 799
96
67, 457
34 868
14
88, 321
66 081
0
112 865
65 976
585
122,339
64 709
32
83 407
55 633
53
105 573
57 709
6
82 671
64 395
110
93 928
74 845
4
97 959
81 091
78
124 698
55 618
96
81 134
58 712
112
89 228
54 005
57
81 514
56 442
'l!7
85 639
50 268
72 536
51 667
18
77 248
48 920
7
77 421
41 062
908
76 840
49 749
53
71 793
49 457
255
75 781
68 161
47' 470
1, 458
96 978
d o
312,911
369 099
356 091
320 102
303 950
312 409
363 005
371 509
371 122
353 644
319 8 K 4
308 1 67
ono piCC
do
do
do
do
294,875
16, 690
25 678
18, 320
325,129
16 614
25 354
16 666
306,578
17 381
23 713
15 105
374,293
26 394
30 633
18 580
316,956
21 087
26* 179
16' 355
286,527
9
0 884
23 795
10 479
434,450
33 695
37? 349
°2 592
380,510
31 304
4^ 376
16 485
380,671
27 285
41? 237
19 214
364,841
03 735
52 571
15' 999
346, 181
19 242
38 208
17' 007
403, 919
26 737
356, 212
17 817
15 273
-I r
15 205
56 145
74 612
7S, 871
12 669
47 874
66 993
65^ 542
10 957
46 251
70 401
54^ 273
20 825
63? 753
80 392
9l! 591
14 171
50 352
73 995
80! 696
15 958
48? 817
75 832
86! 444
17 °69
22 482
29 651
90 9/17
71 620
79,' 780
66 080
76', 336
77 430
AQ QftR
95, 954
88, 288
do
do
do
do
24 891
26, 040
15 568
41 101
42 611
47 630
_ _
74 074
60, 787
80 865
50, 560
55, 719
59, 713
r
Revised.
» Preliminary.
i Revised imports indexes will be published later.
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and
timing.
o
A<2 £07
A(\ 7KQ
AK. OAQ
33 985
Q
AZA
JQ QCK
cf Excludes military expenditures.
SExcludes "special category" shipments and all commodities-exported under foreign-aid programs as Department of Defense controlled cargo.
JlJata, include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction shipments) are as follows (mil. dol.): September 1956-September 1957, respectively—107.1; 110.5; 119.8; 122.7; 97.1; 121.4; 129.4- 83 7; 102 2- 134 1- 186 8- 141 2- 103 2
AExcludes "special category" shipments.
9 Includes countries not shown separately.
SUKVEY OF CUEEENT BUSINESS
S-22
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 11)57
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value}— Continued
Exports of U. S. merchandise, totalt
mil.
By economic classes:
Crude materials
thous.
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures 9
Finished manufactures 9
By principal commodities:
Agricultural products, total©
Cotton unmanufactured
Fruits, vegetables, and preparations
Grains and preparations
Packing-house products
Tobacco and manufactures
Nonagricultural products, total©
mil.
Automobiles, parts, and accessories
thous.
Chemicals and related products §
Coal and related fuels
Iron and steel-mill products
1,847.6
1,767.2
of dol__
1,521.8
1,658.8
1,532.3
1,988.3
1,668.1
1,594.9
of dol__
do
do
do
do
257,069
96, 239
104,835
234,866
828,748
280,454
118,772
119,989
242,176
897,430
263,856 357,031
108,146 135,150
95, 043 141,997
223,298 325,950
841,979 1,028,122
279,144
117,992
103,093
294,362
873,458
267,369 320,515 275,377 264,200 248, 254
117,236 129,908 124,689 110,931 134, 102
99, 131
88, 986
93,511 135,181 100,716
287,258 368,282 312,021 300,663 281,449
829,546 1,177,603 1,034,786 1,033,803 1,004,226
368, 089
80, 923
30, 400
98, 593
23, 465
61, 930
426,304
92, 446
40, 678
122,078
25, 156
52, 640
362,712
83.356
32, 832
104,368
23, 972
32, 055
543,084
144,303
31,879
156,370
34, 551
45, 608
421,858
122,734
24, 532
123,124
33, 486
25, 806
393,924
122,492
23, 368
127,177
25, 731
23, 289
do
do
do
do
do
do
2,131.5
386,554
92, 161
29, 096
135,463
25, 524
26, 092
466.927
120,080
27, 278
149,373
36, 069
27, 464
1,798.6
362,200
100,925
34, 031
106, 613
27, 484
26, 668
1, 674. 5 1, 664. 5 1, 526. 8
224, 450 228, 572
97, 468 105, 015
92, 884
78, 895
264, 236 245, 068
995, 477 1,006,959
241, 224
88, 721
94, 496
219, 219
883, 105
382,757
80, 743
31, 953
129, 666
29, 675
35, 724
315, 932
63, 722
31, 425
96, 032
22, 890
26, 675
313, 080
51, 778
30, 771
103, 620
18, 373
35, 366
332, 792
56, 660
31, 318
94, 873
23, 440
63, 182
of dol__
1,153.7
1,232.5
1,169.6
1,445.2
1,246.2
1,201.0
1,664.6
1,461.0
1,436.4
1,384.4
1, 358. 6
1, 351. 4
1,194.0
of dol__
do
do
do
96, 430
109,347
73, 710
88, 014
104,633
99, 875
74, 961
106,269
110, 282
87, 062
69, 761
95, 882
153,163
117,111
61,726
122,558
125,760
102,750
55, 692
112,295
101, 850
98, 941
55, 458
104,612
161,012
139, Oil
70, 961
147,455
142,859
124, 250
79, 561
132,553
147, 769
134,026
80, 631
126, 727
113, 280
112, 532
84, 443
126, 687
107, 857
115, 121
77, 921
125, 088
110, 811
118, 943
82, 085
114, 688
92, 347
105, 448
73, 567
102, 295
Machinery, total?©
Agricultural
Tractors parts and accessories
Electrical
Metalworkiiig§
Other industrial
do
do
do
do
do
do
292,061
8,623
26, 929
76,819
18, 840
149,060
328,147
10, 762
32, 716
81,275
19, 774
171,502
277, 616
6,750
25, 118
72, 824
20, 552
140, 483
351,402
7,373
31,587
86, 932
25, 373
185,116
300,527
9,001
29, 973
69,318
19, 853
158,011
279,828
11,615
29, 602
67, 374
16, 707
142,434
424,192
15, 752
48, 154
91, 606
30, 805
221, 127
371,873
17, 068
37, 477
84, 636
30, 253
187,435
385,343
14, 438
36, 978
89, 612
27, 218
201,931
354,040
12, 478
31, 125
80, 862
25, 902
190, 558
345, 392
12, 394
28, 293
96, 876
28, 789
175, 510
347, 589
8,515
28, 604
87, 964
26, 388
184, 782
315, 183
8,635
29, 743
75, 089
25, 328
161, 647
Petroleum and products
Textiles and manufactures
do
do
57, 994
52, 232
59, 764
58, 009
91, 799
48, 682
125,784
62, 839
111,375
50, 925
114,993
49, 926
142, 222
72, 272
106, 765
59, 494
80, 148
60, 656
70,211
53, 153
62, 007
45, 283
63, 963
53, 309
58, 900
50, 659
mil of dol
995.2
1,121.0
986.6
1,059.2
1,112.9
992.8
1,132.3
1,117.8
1,104.1
982.6
1,144.7
thous of dol
do
do
46, 129
162,777
223,752
47, 007
206,692
288,167
38, 240
152, 873
264, 854
52, 792
169,809
272,297
57, 226
185,230
268,397
45, 474
147,353
214,927
71, 620
178,206
278,746
52, 307
186,492
284, 674
46, 721
185,486
268,830
41,497
159,071
243, 216
49, 612
199, 826
271, 018
do
do
do
233,190
97, 872
231,472
276,359
102,625
200,105
250,141
95, 108
185,371
237,305
113,583
213,469
214,281
147,869
239,910
217,116
139,588
228,324
234,119
146,991
222,577
238,062
132, 495
223,752
259,851
138,902
204,318
239, 721
126, 978
172, 097
263, 187
142, 441
218, 585
do
do
449
8,442
425
7,123
438
8,728
2,651
11, 447
1,982
9,803
1,575
6,156
1,470
11, 358
633
10, 063
1,147
7,838
205
9,052
1,237
11,216
do
do
do
do
do
do
do
11,047
13, 592
599
17, 514
44, 385
13, 237
19, 148
13, 826
20, 969
1,132
23,715
56, 007
15, 782
19, 606
6,841
21,966
138
13, 049
45, 065
17, 439
16, 254
15, 444
19, 958
556
18, 934
44, 185
18, 428
12, 373
16, 940
16, 064
671
24, 926
47, 554
16, 584
28, 904
14, 486
12, 629
1,645
15, 435
38, 689
13, 836
21, 489
11, 565
16, 600
922
25, 810
46, 604
14, 634
29, 182
14, 438
17,511
575
22, 167
49, 013
17, 207
26, 400
14, 565
18, 564
104
19, 671
49, 338
16, 250
22, 926
13, 213
11, 764
65
21, 228
41, 234
10, 265
21, 075
12, 372
20, 092
34
23, 001
52, 616
17, 595
21, 564
do
do
do
do
do
do
14, 984
631
37, 545
16, 701
855
58, 931
22, 903
419
50, 880
24, 981
3,776
72, 126
21, 284
429
44, 247
19, 434
2,936
62, 048
19, 269
315
50, 133
24, 235
1,127
65, 622
24, 923
455
41,418
21, 936
1,018
58, 047
17, 362
601
41, 049
16, 342
1,943
50, 207
22, 033
569
52, 124
20, 927
566
71, 898
26, 257
430
53, 615
19, 333
1,038
70, 308
21, 023
312
50, 476
17, 174
1,636
66, 394
20, 862
194
44, 662
19, 696
2,364
57, 372
22, 546
135
47, 540
22, 144
1,028
71, 503
do
233,190
276,091
249,900
237,271
214,162
217,080
234,082
238,033
259,538
239, 600
263, 128
do
do
do
do
do
do
do
do
304,463
7,717
79, 241
19, 295
40, 521
36, 576
28, 582
56, 493
270,554
9,282
59, 947
20, 744
23, 991
31,328
26, 233
60, 384
255, 710
6,714
47, 909
15, 536
25, 339
18, 854
29, 633
68, 720
301,215
9,004
53, 690
29, 276
30, 500
21,366
33,909
70, 175
357,465
13, 106
73, 560
21, 797
35, 424
41, 550
43, 841
73, 081
334,245
11, 532
78, 472
15,026
35, 517
35, 161
39, 843
68, 939
332,199
14, 532
63, 566
17, 123
25, 393
45, 852
36, 959
80, 468
322,887
12, 008
49, 079
24, 849
30, 619
40, 821
36, 451
84, 887
311,947
11,871
46, 181
13, 934
24, 521
47, 645
36, 978
86, 630
271,793
13, 465
39, 411
14, 664
16, 831
41, 684
33, 924
70, 397
329, 139
10, 301
42, 174
17, 668
47, 987
51, 710
33, 817
79, 144
General imports total
By geographic regions:
Africa
Asia and Oceania
Europe
Northern North America
Southern North America
South America
By leading countries:
Africa:
Egypt
Union of South Africa
Asia and Oceania:
Australia including New Guipea
British Malava
China including Manchuria
India and Pakistan
Japan
Indonesia
Republic of the Philippines
Europe:
France
East Germany
West Germany
Italy
TJnion of Soviet Socialist Republics
United Kingdom
North and South America:
Canada
Latin American Republics total©
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
Imports for consumption, total
mil.
By economic classes:
Crude materials
thous
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures
Finished manufactures
By principal commodities:
Agricultural products, total©
Cocoa (cacao) beans, incl. shells
Coffee
Hides and skins
Rubber crude including guayule
Sugar
Wool and mohair, unmanufactured
1,042.4 p 1,008.0
of dol
998.7
1,131.9
1, 003. 3
1,052.3
1,105.4
1,002.7
1,126.8
1,086.9
1,090.9
979.4
1, 138. 2
1, 044. 4
of dol
do
do
do
do
243,757
181,138
91,873
229,609
252,297
282,088
144,074
100,768
283,029
321,911
237, 671
131,632
79, 506
260,540
293,908
260,357
168,354
82, 244
268,055
273,308
253,400
200,526
102, 948
264,369
284,179
228,688
206,841
88, 288
230,938
247,958
264,822
176,705
113,949
267,452
303,860
259,334
152, 103
108, 788
259,456
307,177
268,749
147,174
112, 237
258,900
303,877
248, 082
126, 001
98, 752
233, 271
273, 251
289, 950
166, 403
114, 137
247, 520
320, 209
281, 392
139, 414
105, 838
233, 705
284, 091
do
do
do
do
do
do
do
320,792
6, 748
139,391
3,308
25, 769
37, 550
14, 398
289,998
6,414
99, 602
4, 356
32, 653
26, 694
17, 328
257,395
6,103
93, 964
3,307
30, 394
14, 861
14, 079
309,208
11,516
116,723
4,105
36, 247
18, 587
15, 258
377,708
20, 179
141,861
4,242
29, 616
44, 067
25,016
354,968
8,745
163,386
3,590
24, 976
38, 603
23, 463
357,045
14, 256
119,766
5,342
27, 963
45, 610
23, 328
329,955
8,347
106, 302
4,928
38, 240
41,903
19, 383
311,321
7,752
96, 984
4,442
31, 269
42, 814
15, 357
259, 789
13, 307
78, 299
4,363
18, 868
41, 228
14, 866
322, 718
12, 474
109, 415
2,887
28, 289
48, 871
15, 522
297, 400
4,854
97, 339
4,578
30, 831
41, 638
17, 523
677,881
4,553
841, 871
6,527
745,863
3,218
743,110
11,627
727,715
10, 523
647,745
8,932
769,744
9,125
756,903
5,581
779,615
7,562
719, 568
5,524
815, 501
4,928
747, 041
4,040
112,974
36, 074
13, 053
27, 759
52, 400
105,761
135,695
47, 177
16,674
32, 221
62, 913
125,360
115,314
31, 061
15, 568
28, 314
59, 852
106,522
136,818
45, 968
14, 548
25, 545
56, 915
113,892
120,800
47, 499
10, 830
26. 126
55, 072
118,510
104,835
37, 246
8,956
27, 759
52, 936
113, 908
125,726
39, 976
11, 531
26,013
53, 689
132,113
120,803
37, 499
9,610
24, 133
57, 970
128,628
122,082
31, 843
13, 475
25, 959
57, 139
133,469
109, 426
26, 698
7,979
24, 066
52, 791
120, 796
106, 246
30, 528
14, 646
25, 844
62, 950
145, 780
100, 756
26, 395
11,034
28, 788
51, 045
139, 998
Nonagricultural products, total©
_ _
_ do___
Furs and manufactures
do
Nonferrous ores, metals, and manufactures, total
thous. of dol__
Copper, incl. ore and manufactures. ._
_ do. _ _
Tin including ore
do
Paper base stocks
_ _ _ _ d o _ _ _
Newsprint
do
Petroleum and products
_
do. _ _
T
v
Revised.
Preliminary.
JSee similar note on p. S-21.
^fSee similar note on p. S-21.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.
©Includes data not shown separately.
r
*
SUEVEY OF CURKENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-23
1957
January
February
March
April
May
June
July
59 655
22, 396
62 058
21, 969
3,370
2,008
59 863
23, 609
8, 356
3 433
2,016
29, 827
9 347
22, 506
4 939
22, 215
October
August September
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines:
Miles flown, revenue
thousands
Express and freight ton-miles
flown
do
Mail, ton-miles
flown
. .__
. do _
Passengers originated, revenue
do
Passenger-miles flown, revenue
.--millions _
53, 368
22, 747
7,018
3,301
1,902
55, 165
25, 111
32, 038
11, 354
37, 797
16, 415
7,892
3,421
1,879
51, 671
22, 803
56 255
20, 430
51, 682
18, 272
1,656
54, 232
23, 344
10, 482
2,916
1, 765
1,896
1,702
8,242
3,326
2,006
34, 427
12, 262
41, 024
15, 393
31, 391
9 758
30, 125
9,019
33, 445
11 823
7,522
3,040
7,865
3,045
7,397
2,808
59 224
20, 930
57 716
20, 390
8,125
7,628
3,707
2,333
7,552
63, 565
23, 651
7, 751
3, 525
3,742
2,349
24, 405
30, 770
11 351
2,253
Express Operations
Transportation revenues _
Express privilege payments
_.thous. of dol
do
6,236
7,278
Local Transit Lines
Fares, average cash rate
Passengers carried, revenue
Operating revenues - _ _
_._ .cents millions
mil. of dol
15.1
15.2
15.2
15.4
15.5
15.6
15.7
15.7
15.7
15.7
15.8
15.8
106.4
120.6
124.4
119.3
110.6
117.6
120.2
648
646
123.3
120.3
108.8
111.9
111.2
'•ess
772
735
739
728
668
732
730
743
661
15.9
663
Class I Motor Carriers (Intercity)
Carriers of property (quarterly totals) :
lumber of reporting carriers
Operating revenues, total
thous. of dol
Expenses total
do
Revenue freight carried
thous. of tons
888, 184
848, 788
57, 084
955, 411
935, 317
60, 661
Carriers of passengers (quarterly totals):
Number of reporting carriers
Operating revenues, total
thous. of dol
Expenses total
do
Revenue passengers carried
thousands
147
115, 901
93, 661
74, 588
149
94,415
887
881
837
848
924, 470
892 707
59, 397
938, 036
891, 633
57, 250
148
150
105, 167
94, 973
68, 308
84, 767
86 039
63, 154
88, 359
69, 084
Class I Railways
Freight car loadings (A. A. R.):c?
Total cars
Coal
Coke
Forest products
Total, seasonally adjusted
Coal
Coke- ___ -_
Forest products
__
_
_
__ _
2,988
563
50
166
3,392
684
65
194
2,565
528
52
155
2,616
521
55
154
3,446
691
66
203
2,696
525
49
157
2,888
532
45
159
3,631
680
52
203
2,707
405
41
149
3,736
683
55
209
211
49
344
241
1, 522
227
59
349
249
203
44
265
230
246
33
168
263
191
23
321
220
251
20
363
201
1 324
192
22
151
225
278
29
437
275
1,741
264
28
119
290
1,468
202
21
83
217
236
23
441
264
1,584
201
24
81
200
1 364
1 784
1,375
1 396
1,731
1 277
1,770
r 1, 361
211
49
289
220
1,419
138
120
156
151
138
120
155
146
132
122
166
140
121
114
170
127
117
112
171
128
116
109
173
128
120
114
166
131
117
108
153
127
122
110
142
129
124
114
132
134
118
90
136
127
126
113
139
135
125
117
134
125
123
112
125
121
do
do
do
do
do
154
91
313
40
150
159
103
304
39
149
147
77
224
37
144
143
46
110
34
135
147
44
72
33
130
144
38
77
35
130
148
40
82
37
134
135
40
142
35
130
134
40
290
35
131
136
33
313
34
133
183
36
331
33
126
155
42
305
35
134
135
65
295
36
134
147
89
245
35
134
___do
do
do
do
127
120
128
120
128
122
133
114
130
112
127
109
165
131
119
110
143
124
135
129
113
90
121
113
163
134
120
108
119
114
166
143
162
142
130
114
158
138
140
126
145
129
115
117
136
116
P114
112
127
115
138
69
208
38
139
159
67
215
38
137
150
61
215
37
138
152
48
354
35
143
147
46
290
35
142
147
47
307
36
138
160
51
283
36
141
153
45
188
35
132
153
44
188
35
130
133
43
202
34
129
152
43
207
33
125
143
44
203
35
133
120
49
196
34
124
147
57
P174
33
123
4,715
3,763
27
0
4,228
6,637
8,553
543
388
24, 248
16, 797
12, 749
326
16, 339
8,915
20, 437
191
8,329
3,274
374
6,428
24
13, 331
5 776
240
9,285
4,278
6,829
84
19, 580
11, 450
668
12, 781
5,913
133
15, 883
7,844
2,355
5,345
3,507
1,646
2,406
1,851
1,118
1,203
889
134
662
1,773
1,608
672
859
2,798
683
1,517
1,626
418
1,162
1, 480
518
903
963 2
828 0
56.5
699 4
887.6
855.6
724 9
65.8
688 6
815 5
695 9
57.6
643 3
903.6
776 9
58.0
690 1
886 1
758 8
59.7
690 4
906.5
867.9
758 8
57.4
687 1
871.0
720 6
71. 3
689 3
872.7
734.6
142 1
121 7
103.1
112 7
87 8
68.1
95 9
85 8
95.4
108 7
58 3
43.1
106 4
65 7
47.0
123 6
89 9
71.2
114 5
81 2
60.6
112 2
80.8
64.5
60, 730
1 396
2 094
55, 291
1 407
54, 108
1 368
2 601
51, 591
1 452
2 347
49, 405
1 448
1,981
56, 977
1 413
2 012
52, 962
1 463
2,068
13 826
10 552
12 467
9,715
12 620
2,752
9,888
2,732
11 777
9 308
10 849
8 555
13 229
10 261
3,878
3,743
905
4,608
4,253
959
3,897
930
4,813
1.229
Grain and grain products
do
Livestock
__do_._
Ore
do
Merchandise, 1. c. 1
do. __
Miscellaneous _ _ _ _ _
do
Freight-car surplus and shortage, daily average:
Car surplus total 9
number
Boxcars
do
Gondolas and open hoppers
_
do
3,155
157
140
446
148
12, 371
Car shortage total 9
do
4,316
Boxcars _
_ _ _ _ _ ...
do_
7,604
Goiidolas and open hoppers
do
Financial operations:
r
874. 4
Operating revenues total 9
mil of dol
T
744. 8
Freight
do
59.3
Passenger
do
T
657. 4
Operating expenses
do
Tax accruals, joint facility and equipment rents
T
119 4
mil of dol
r
Npt railway opp.ratinsr income
do
97. 6
Net income J
do
77.6
Operating results:
57, 606
Freight carried 1 mile
mil of ton-miles
1 342
Revenue per ton-mile
cents
2,241
Passengers carried 1 mile revenue
millions
Waterway Traffic
Clearances, vessels in foreign trade:
13 030
Total TJ S ports
thous of net tons
9 989
Foreign vessels
do
3,041
United States vessels
do
Panama Canal:
3,559
Total
thous of long tons
In United States vessels__
do
891
r
Revised.
cfData for December 1956 and March, June, and August 1957
9 Includes data not shown separately.
^Revision for August 1956, $87,200,000.
2,920
543
40
148
3,284
584
49
181
Grain and grain products
do _._
Livestock
do
Ore
_
do _ _
Merchandise, 1. c. 1
._
do _
Miscellaneous
do
Freight carloadings (Federal Reserve indexes) :
Total, unadjusted
_. _. _. _ 1935-39=100
Coal
do
Coke
_
__ _ _
do
Forest Droducts
_
_-do .
Grain and grain products
Livestock
_
Ore
Merchandise, 1. c. 1
Miscellaneous
r
560
48
179
-_ thousands
do
_
do
do _
6,085
9,174
3,274
1.055
1,104
2,047
1,052
1,024
2,408
1.200
163
143
551
976
2,469
cover 5 weeks; other months, 4 weeks.
1,272
989
2,294
2,331
619
2,968
156
127
3,132
348
694
204
117
2,015
2, 851
'544
Ml
'149
'182
••35
»-323
••217
929.9
788.8
685.8
71.2
695.5
68.8
701.3
873.0
747.2
56.4
673.1
108 1
74.0
57.3
108.6
68.5
48.2
132 2
96.4
79.5
115.7
84.2
56, 590
1 424
54, 477
1.396
2,421
51, 624
1. 466
57, 999
2,040
14 072
10, 727
15 202
11, 423
14, 597
11, 200
4,397
975
4,586
4, 522
1,233
4,441
1,087
4,334
3,345
780 5
59.7
713.6
3,779
1,282
735 2
67.8
2,626
3,397
1,040
3,955
983
SURVEY OF CURRENT BUSINESS
S-24
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1057
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
8.17
Average sale per occupied room
dollars
74
Rooms occupied
percent of total
268
Restaurant sales index
_ _ same month 1929 =100- _
Foreign travel:
144, 661
TJ S citizens' Arrivals
number
101, 622
Departures
_do_
96, 130
Aliens' Arrivals
do
52, 428
Departures
do
31, 930
Passports issued and renewed- _ _ - __do
2,214
National parks, visitors
thousands
Pullman Co.:
506
Revenue passenger-miles
millions
7,159
Passenger revenues
thous. of dol
8.58
81
278
8.39
69
257
7.53
57
241
7.91
72
262
8.07
74
270
7.88
71
253
8.43
73
268
7.84
73
312
8.39
72
289
7.93
63
252
8.79
68
270
8 58
71
271
110, 808
90, 223
80, 991
47, 484
31, 578
1,151
88, 653
78, 796
75, 116
43, 139
24, 299
461
85, 987
90, 272
69, 458
50, 458
23, 001
290
86, 989
95, 826
76, 052
35, 271
39, 245
302
91,217
104, 618
63, 306
34, 484
49. 970
364
109, 421
116, 920
87, 010
45, 942
69, 146
480
103, 026
115, 179
85, 423
45, 465
76, 301
726
105, 765
137, 790
83, 063
53, 495
82, 755
1,183
125, 338
179, 341
88, 791
58, 367
57, 208
3,127
51,892
5 033
42, 320
5, 076
32, 089
2,227
508
7,238
461
6,554
521
7,397
589
8,979
524
7,989
506
7,711
459
7,001
416
6,342
469
7,124
430
6,536
428
6,496
503, 100
290, 175
167, 680
328, 318
71, 627
51, 392
528, 393
298, 202
184, 414
352, 786
72, 536
51, 722
520, 872
297, 972
176, 933
352, 456
68, 729
52, 034
536, 491
304, 385
185, 135
348, 942
78, 940
52, 475
538, 572
307, 397
184, 278
353, 586
74, 122
52, 897
520, 662
303, 413
170, 471
332, 369
76, 025
53, 156
539, 632
306, 349
186, 255
355, 372
75, 788
53, 431
548, 780
311,431
189, 272
362, 395
75, 815
53, 741
556, 390
312, 830
195, 422
370, 365
75, 664
54, 005
546, 793
312, 606
185, 727
356, 435
78, 339
54, 201
556 214
311,922
194, 478
378, 526
72, 385
54, 444
562, 223
313, 230
199, 107
367, 918
80, 707
54 677
of dol
do
do
19, 565
17, 550
1,354
21, 839
18. 372
2,676
20, 250
17, 879
1,713
20, 828
18, 135
2,264
20, 680
18, 299
1,371
19, 182
16, 924
1,306
20, 600
17, 859
1,763
21, 033
18, 317
1,732
21, 699
18, 966
1,733
20, 772
18, 123
1,692
20 430
18, 943
545
20, 673
18, 535
1 358
do
do._
do
2,760
2,106
408
2,952
2,164
520
3,078
2,205
626
3,094
2,072
728
3,034
2,231
528
2,689
2,249
197
2,879
2,340
272
2,824
2,313
239
3,055
2,486
287
2,840
2,381
192
3 041
2,548
198
2,796
2,463
48
do
do
do
3,044
2,384
580
3,407
2,519
823
3,656
2,519
1,069
3,569
2,653
814
3, 591
2,641
843
3,332
2,443
791
3,501
2,567
833
3,413
2,545
767
3,567
2,622
844
3, 345
2,629
609
3 450
2,739
599
3,411
2,637
670
COMMUNICATIONS
Telephone carriers:
Operating revenues 9
Station revenues
Tolls, message
__ _
Operating expenses, before taxes
Net operating income
_ _
Phones in service, end of month
thous of dol
do
_ _ do do
_
-do _ _
thousands
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph :
Operating revenues
thous.
Operating expenses, incl. depreciation
Net operating revenues
Ocean-cable:
Operating revenues
Operating expenses, incl. depreciation __
Net operating revenues
Radiotelegraph:
Operating revenues
.
Operating expenses, incl. depreciation
Net operating revenues
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
short
Calcium carbide (commercial)
_
Carbon dioxide, liquid, gas, and solid
__
Chlorine, gas
Hydrochloric acid (100% HC1)
tons._ 257, 014
81, 693
do
77, 232
do
320, 882
do77, 549
do
272, 708
94, 472
69, 367
333, 775
80, 799
264, 436
92, 637
59, 904
329, 457
80, 754
290, 512
92, 793
56, 790
341, 125
78, 875
302, 504
89, 275
54, 253
334, 403
78, 852
294, 103
77, 754
53, 435
291, 428
75, 145
320, 733
86, 268
60, 643
326, 599
80, 957
321, 529
87, 443
66, 550
327, 920
76, 241
334, 209
81, 098
81, 677
342, 813
74, 049
308, 755 ' 293, 661
74, 752
83, 009
91, 533 '102,664
329, 048 333, 137
73, 214 ' 75, 785
197, 414
2,643
289, 747
207, 745
2, 883
320, 709
209, 746
2,809
279, 192
231, 630
2, 893
275, 711
237, 519
2,802
337, 694
231, 148
2,109
351, 157
250, 040
2,524
380, 992
245, 241
2,502
356, 352
253, 287
2,619
383, 249
212, 616
2,393
331, 083
210, 125 234, 772
' 2, 414 2,641
331, 608 353, 015
217, 441
403, 414
10, 263
354, 664
423, 468
10, 657
366, 521
401, 919
10,115
358, 153
394, 497
9, 649
375, 554
379, 549
9,285
365, 413
376, 731
8,871
321, 922
414, 879
9,642
354, 297
403, 736
9,860
360, 937
400, 698
9,649
378, 190
377, 202 358, 741 391, 615
6, 286
9,341
8,166
356, 715 '362,924 '354,015
368, 917
47, 597
60, 779
65, 837
50, 677
55, 869
50, 786
54, 466
53, 137
55, 470
48, 497
41, 156
72, 782
76, 418
75, 024
75, 265
76, 657
69, 546
76, 249
74, 626
73, 093
66, 537
65, 448
64, 913
1,323
1,417
1,368
1,376
1,386
1,310
1,418
1,382
1,422
1,309
1,286
'1,304
1,348
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
22.35
v 22. 35
45, 692
74, 808
1,003
49, 343
70, 277
1,356
46, 853
75, 122
1,488
49, 737
90, 378
1,618
53, 628
85, 428
1, 491
41, 227
74, 946
1,512
41, 136
76, 985
1,208
32, 738
64, 305
1,570
38, 895
61, 546
1,473
46, 982
67, 377
1,223
45, 643
67, 140
943
51, 726
76, 886
1, 240
32, 942
40, 078
30, 486
9,591
40, 054
900
36, 066
37, 290
27, 157
10, 132
38, 498
1,120
36, 459
36, 656
33. 844 . 33,858
25, 533
25, 403
8,325
8,441
35, 059
36, 240
1,098
1,307
36, 322
33, 337
25, 777
7, 560
42, 818
943
32, 766
31, 214
23, 869
7,345
33, 326
925
35, 429
29, 418
20, 791
8,626
35, 253
834
33, 631
28, 051
18, 734
9,317
35, 275
736
33, 444
26, 510
17, 530
8,980
33, 501
1,044
31, 755
26, 597
18, 018
8,579
30, 793
1,071
36, 560
28, 542
19, 880
8,662
35, 910
725
41, 481
28, 908
23, 517
5,390
37, 551
812
39, 048
26, 043
20, 780
5,263
35, 180
901
19, 588
18, 881
11,178
23, 053
21,140
12, 194
17, 896
18, 370
12, 135
19, 040
20, 365
11,064
19, 047
19. 886
9,746
18, 133
19, 046
8,181
16, 665
17, 752
5,978
19, 403
19, 005
5,561
20, 648
21, 534
4,607
19, 041
18,042
5,576
8,955
12, 172
9,796
11, 699
14, 267
7,978
10, 414
Creosote oil, production
thous. of gal__ 10, 112
9,311
11,912
10, 878
11, 522
11, 766
10, 949
10, 641
11,201
DDT production
thous oflb
8,748
5,702
8,285
8,306
6,371
7,420
6,969
10, 171
Ethyl acetate (85%), production
do
82, 526
89, 577
93, 089
97, 156
95, 494
90, 119
95, 181
89, 261
Etbvlene glycol production
do
114, 430 119, 056 116, 914 107, 918 109, 149 105, 976 111,620 105, 163
Formaldehyde (37% HCHO), production
do
•Glycerin, refined, all grades:
19, 642
20, 799
19, 624
22, 811
21, 556
19, 705
22, 656
20, 666
Production
do
17. 029
15, 345 ' 16, 641
15, 523
15, 276
16, 026
16, 928
16, 103
Consumption
do
51, 634
52, 058
51, 974
54, 348
48, 862
48, 094
50, 618
51,018
Stocks, end of month
do
Methanol, production:
172
171
166
197
193
189
198
156
Natural
thous of gal
21,312
18, 144
18, 701
16,647
20, 503
17, 468
20, 004
19, 408
Synthetic
do
25, 041
25, 561
27. 242
27, 080
22, 690
27, 002
30, 226
27, 093
Phthalic anhydride production
thous of Ib
T
p
Revised.
Preliminary.
9 Includes data not shown separately.
% revisions for 1955 and January-July 1956 will be published lat°r.
<? Data (except for alcohol) are reported on basis of lOG-percen t content of the spe cified ma terial unle ss otherw ise indica ted.
11,052
12, 880
6, 061
98, 873
104, 614
9,603
11,023
8,151
98, 789
100, 606
9,171
11, 058
8, 038
106, 183
93, 383
10, 595
9,306
7,416
109,117
103, 324
11,873
17, 782
55, 095
17, 918
15, 904
53, 629
16, 853
15, 638
52, 065
22,012
18, 022
53, 635
201
16, 329
31, 444
187
14, 108
30, 519
186
16, 692
27, 400
165
18, 000
24, 240
Nitric acid (100% HNOs) —
___do
Oxygen (high purity)
mil. of cu. ft
Phosphoric acid (50% HsP 04) - _- - short tons_
Sodium carbonate (soda ash), synthetic (58% Na2O)
short tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhydrous)
short tons__
Sodium sulfate (Glauber's salt and crude salt cake)
short tons__
Sulfuric acid:
Production (100% H^SO^t— _ thous. of short tons_.
Price, wholesale, 66°, tanks, at works
dol. per short ton__
Organic chemicals :d*
Acetic acid (synthetic and natural) , production
thous. of lb-_
Acetic anhydride, production
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production
thous of proof gal
Stocks end of month total
do
In industrial alcohol bonded warehouses, .do
In denaturing plants
do
TTsed for denaturation
do
Withdrawn tax-paid
do
Alcohol, denatured:
Production
thous of wine gal
Consumption (withdrawals)
do
Stocks, end of month
do
' 21, 493 20, 769
' 19, 122
9,964
20, 106
10, 588
18, 899
19, 865
10, 421
r
294, 507 290, 874
87, 581
88, 942
98, 972
323, 404 329, 627
' 77, 770 76, 979
359, 862
367, 350
46, 045
21,770
16, 767
55, 452
9 01
272
30. 387
SUEVEY OF CUEEENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-25
1957
January
February
March
April
May
June
October
August September
July
CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States)®.
thous. of short tons
Exports, total? -_ - short tons
Nitrogenous materials
__
do
Phosphate materials
do
Potash materials
do
246
382, 821
55, 303
294, 718
18 229
Imports, total 9 - - do
Nitrogenous materials, total 9
do
Nitrate of soda.
_
do
Phosphate materials
do
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
Port warehouses
_
dol. per short ton
143, 919
70, 165
0
18,311
32 946
Potash deliveries
short tons
Superphosphate (100% available phosphoric acid):
Production
short tons
Stocks, end of month
do
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
thous. of Ib
High explosives
do
Sulfur (native):
Production
thous. of long tons
Stocks (producers'), end of month _
do
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases :d"
Tallow, edible:
Production
thous of Ib
Consumption, factory^ _
do
Stocks (incl. refined grades), end of month do
Tallow and grease (except wool), inedible:
Production
do
Consumption, factory^
do
Stocks (excl refined grades), end of month do
Fish and marine mammal oils:A
Production
Consumption, factory
Stocks, end of month
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production nriidfi
Consumption crude factory
Stocks, end of month:
Crude
Refined
Exports
Imports total
Paint oils
All other vegetable oils
do
do
do
mil oflb
do
do
do
thous oflb
do
do
do
422
461
368
384
711
490, 565
78, 341
350, 392
48 759
380, 619
52, 707
279, 727
39 574
368, 561
391, 541
68, 610
264, 038
42 660
400, 633
91, 201
259, 695
23 146
152,735
238, 657
86, 597
184,358
227, 306
158 937
78, 702
10 218
39 842
167, 168
113 043
30, 483
8,859
83, 707
3,080
91,922
226, 041
35 031
647
286
185
560, 382
81, 768
45 042
545, 081
73, 414
414, 603
37 482
582, 497
87, 709
440, 652
26 145
181, 884
139, 344
71, 461
7, 343
4 145
123, 050
75, 805
26, 160
11, 237
18 023
181, 128
105 840
36, 049
12 027
40 859
1,307
572, 080
136, 510
334, 222
66 979
1,722
605, 734
117, 457
364, 178
86 548
366, 275
27 059
421,374
211,583
20 606
203, 735
101, 561
21, 213
9 672
53 485
115 218
23, 566
12 138
32 622
260, 485
167 161
94, 189
9 582
24 101
214, 395
144 266
84, 590
10 103
7 969
49.50
49.50
49.50
48.00
48.00
48.00
48.00
f> 48. 00
90 904
114, 455
158 612
162 974
308, 380
!70 834
321, 274
188 128
341, 383
7,336
1,178
547, 058
120,399
503, 418
57, 439
394, 737
34 449
12, 769
29 902
37 214
51.25
49.50
49.50
49.50
49.50
139, 283
147 407
160 260
179 599
162 814
183 140
266 028
269 417
165 546
121 134
171 604
393, 665
207 487
393, 426
208 098
401, 524
207 611
414 207
219 855
216 022
418, 947
229 529
322 033
225 072
233 405
211 784
206, 881
170 519
271, 568
415
78, 839
441
640
494
546
722
246
223
137
107
210
195
307
88, 843
77 063
67 568
70 015
67 094
71 654
79 924
82 235
78 911
82 007
80 288
86 887
524
3,681
529
3,706
515
3,852
534
495
3,998
440
4,088
472
3, 936
4,102
462
4,049
429
4,093
440
4,087
14, 712
16, 557
7,895
18, 305
19, 200
8,386
414,922
r
r
r
T
460
470
4, 153
4, 173
21,315
20, 257
17, 764
12, 109
15,612
18, 986
22, 837
21, 537
20, 279
27 085
27, 676
20 442
22 362
22, 453
20 668
22 180
22, 503
20, 469
27 274
28, 510
19 680
21 976
23, 265
17, 364
21, 301
23, 855
17, 107
215,198
208, 585
139, 888
254, 929
230, 325
143, 522
248 253
212, 554
130, 684
250, 302
19, 010
r
25, 682
24, 260
16 900
23, 377
24, 086
15, 055
211, 120
109, 670
253, 161
227, 447
152, 561
247 307
208, 097
140, 566
231, 469
198, 140
131, 086
297, 957
299, 535
239, 443
131, 692
337, 568
225, 051
128, 883
342 194
236, 928
145, 660
349, 056
239, 230
133, 123
347, 889
21, 703
9 748
114, 465
14, 722
12 059
115, 838
7,964
12, 271
14 738
102, 606
1,031
13, 626
87, 079
515
411
11 302
115, 366
14, 689
71, 646
10, 522
59, 407
1,358
11. 570
54, 107
12, 280
12 423
57, 332
66, 412
34, 146
12 161
83, 788
»• 25, 742
r
10 785
r
77, 512
18, 293
12, 030
81, 394
497
448
699
624
649
580
614
553
647
573
587
501
582
508
501
471
472
455
416
471
436
420
464
'•464
486
438
503
313
548
343
584
384
616
409
602
447
596
461
616
463
605
456
597
416
476
367
492
313
r
462
272
478
242
119, 378
24 992
1,215
23 777
105. 891
41 653
6,616
35, 037
98, 029
41 247
197, 955
35 709
1, 830
33 879
167, 776
47 121
145, 263
26 555
3,182
23 373
203, 824
50 333
114, 055
39 417
76, 550
40 098
156, 113
32 615
4,769
9,855
77, 363
37 181
4,800
5,668
48 300
34 648
30 243
27 814
31, 512
87, 679
39 481
1,707
37 774
68, 911
2,034
225, 356
144,904
3,263
37 983
2,476
44, 645
146, 703
288 052
11,177
Copra:
27 325
30 277
25 503
25 274
27 222
26 621
24 480
25 171
26 663
21 887
27 503
27 230
35 504
Consumption factory
short tons
9,824
13, 504
12, 354
8 748
20, 235
13 219
27, 178
18,177
16, 787
12, 967
16 690
Stocks end of month
do
23 231
31 372
25 686
28 697
23 484
36 783
26 523
30 015
22 787
15 701
15 960
31 265
Imports
do
Coconut or copra oil:
Production:
34, 031
32, 604
31,114
38, 967
45, 059
28, 488
34, 459
35, 415
35, 097
34, 510
32,586
33, 758
32, 300
Crude
thous of Ib
36 211
34 962
29 902
18, 226
33 108
34 364
42 310
30 670
28 776
31 081
31 906
35 421
33 630
Refined
do
Consumption, factory:
32,816
51,142
55, 205
54 162
61 969
47, 879
54, 793
46, 602
50, 094
45, 760
47 123
52, 414
50 553
Crude
do
24, 595
35, 729
31,098
27, 982
32, 175
35, 775
37, 082
33, 266
37, 400
28. 906
27, 961
29, 379
32, 050
Refined
do
Stocks, end of month :
52, 208
61 729
70 274
40 617
36 976
40 881
57 866
50 849
62 803
73 592
59 516
58 391
Crude
do
61 767
4, 467
15 49?
15 739
9, 259
10 023
9 027
13 065
11 43C>
15 917
11 483
15 200
10 44«>
"Refined
do
13 620
23 557
15 245
10 995
5' 922
22 188
17' 262
14 004
11, 368
12 378
10 000
19, 090
17 813
Imports
do
Cottonseed:
504
25
340
1,274
101
238
11
43
114
1,071
1,573
10
10
Receipts at mills.
_
thous. of short tons
142
492
346
224
613
722
120
147
278
570
677
Consumption (crush)
do
526
400
418
164
2 123
2 353
1 959
260
183
533
1 176
1, 624
Stocks at mills, end of month
do
1 108
320
801
Cottonseed, cake and meal:
249 069 346 400 327 720 274 304 293 321 238 857 192 415 135 735 112 023
72 366
71 002 166 582
58 531
Production
short tons
Stocks at mills, end of month
do
140 916 170 814 186' 106 187 819 194 737 228 210 263' 956 279 436 293 212 287 779 251 816 209, 556 204, 213
Cottonseed oil, crude:
42 577
53 599
48 393 114,715
99 742
Production
thous of Ib
165 478 241 749 229 605 192 5 ?2 207 691 170 419 139 383
81 445
64, 027
48 915
96 275 147' 953 173 80? 178 ^77 170 536 168 091 142 267 116' 696 107 760
70 242
36, 787
Stocks end of month
do
Cottonseed oil, refined:
54 947
75, 529
69 432 161 282 159 780 146 516 163 853 139 848 106 524
65 405
43 777
90 323
74 543
Production
do
94, 429
96 977 124 424 127 954 122 138 131 666 113 600 109 669 TOO 139 106 940 105 878 101,717 103, 764
Consumption, factory
do
15, 571
14,
365
15,
048
28,
825
13,
573
29,
561
26,
119
31,
636
23,
681
24,
474
19,
353
20,
579
19,
669
In margarine do
82
154
99
245
288
237
^27
197
158
205
278
285
Slocks end of month
mil o f l b
P . 180
.185
.190
.180
.195
.180
.223
.223
.223
.208
.208
Price, wholesale, drums CK. Y.)
dol. perlb..
.190
.200
Flaxsced:
2
27, 060
i 48 712
Production (crop estimate-)
thous of bu
Oil mJK:
2,981
3,
055
1,500
3,
373
1,508
2,
239
2,
586
2,
925
2,
304
3
2%
1, 561
4. 020
Oon.Himj 1 ion
do
2, 308
3,707
2,777
2, 615
2, 3n2
Stocks, end c-f month _
._.do-..
1, 422
3, 433
3, 516
1, 748
2, 066
4.010
4,945
2, 271
4,557
3.40
3.40
3. 25
3.07
3.44
3.25
3.07
3. 17
3.16
3.23
3.34
3.40
3.41
3.27
Price , wholesale, Xo. l (Minneapolis) -dol. per bu__
r
Revised.
>Preliminary.
1
2
December 1 °stimate ol 1956 crop.
November 1 estimate of 1957 crop.
©Srnte.s ropicsenUd are: North Carolina. South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia, consumption in that State is as follows (thous. short tons): 19E6—July-September, 76; October-December, 79; 1957—January-March, 277; April-June, 323.
9 Includes dat-i not siiown p^paiatoly.
cfTor data on lard, see p. S-1'9.
^Consumption figures for ediblo tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities.
A Beginning 19^5, data may include some refined oils (not formerly included); consumption fie sires exclude data for cod, cod-liver, and other oils, and stocks include only the quantities of
these oils held by producing firms.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS
November 1957
1956
1957
Septem- October Novem- December
ber
ber
January
February
March
April
May
June
July
October
August September
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Continued
Linseed oil, raw:
46, 931
Production
thous. of Ib
Consumption, factory
_ _ _ - do _
41, 844
Stocks at factory end of month
do
75, 388
Price, wholesale (Minneapolis)
dol. perlb-.
.127
Soybeans:
Production (crop estimate)
- -thous. of bu _
19, 877
Consumption factory
do
20, 525
Stocks, end of month
do
Soybean oil:
Production:
221, 302
Crude
thous. of Ib
203, 733
Refined
_ _
-do
Consumption, factory, refined _ _ .
do . _ 221, 794
Stocks, end of month:
139, 671
Crude
do
86, 865
Refined
do
Price, wholesale, refined (N. Y.)__.
dol. per Ib .
.163
Margarine:
114 970
Production
thous. of Ib
Stocks (factory and warehouse^ , end of mo- - _ do
22, 236
Price, wholesale, colored, delivered (eastern U. S.)
dol. per l b _ _
.273
Shortening:
Production
thous. of Ib
133, 396
Stocks, end of month
_ .
_ _
do_ - 129, 175
PAINTS, VARNISH, AND LACQUER
128, 411
Factory shipments, total
thous. of dol
Industrial sales
_ _
_ _ do
48, 930
79, 481
Trade sales
do
45 657
33, 825
128 945
.133
52, 970
39, 009
144 223
.131
31, 106
40, 890
135, 446
.127
31, 929
35, 442
123, 646
.127
30, 533
42, 438
69 912
.127
61, 488
38, 627
71, 442
.127
68, 387
48, 496
73, 249
.133
58 787
43, 661
72 649
p . 142
26, 591
79, 070
455,869
26, 988
70, 354
28, 420
65, 517
26 622
56, 332
28 909
44, 232
27 328
33, 533
26, 476
24, 678
24 694
18, 724
24, 354
18, 655
25 387 •
12, 778
22 245
6,370
301 802
252, 552
258, 763
284 820
244, 824
237, 131
289 736
233, 159
224, 344
305 156
240, 523
222, 557
287 218
209, 184
208, 924
313 006
220, 333
210, 687
298 ?30
213, 476
207, 436
289 605
217, 495
213, 302
271 970
238, 089
235, 912
268, 757
211, 177
202, 512
276, 614
241, 083
222, 759
244 415
210, 216
221, 872
132, 946
77, 178
.175
125 466
83, 974
.195
140 996
92, 130
.190
134 093
103, 973
.200
129 964
99, 970
.200
150 434
97, 821
.200
173 139
97, 212
.185
195, 853
101, 845
.175
180 480
98, 325
.175
217, 629
98, 925
.175
199 167
113, 725
.175
182 123
103, 781
p .170
134, 584
21, 556
132 545
25, 292
124 951
27, 584
132 373
29, 874
121 685
32, 143
120 472
34, 814
122 897
27, 426
116 196
29, 963
98 088
28, 855
109, 977
25, 444
116, 812
28, 453
120 737
27, 303
.292
.282
.275
.275
.275
.275
P . 275
131, 433
118, 022
160, 503
108, 393
160, 173
112, 674
132, 566
50, 863
81 703
27, 928
78, Oil
1
2
.273
.282
.292
.292
.292
179, 909
105, 477
157, 141
122, 047
160, 015
126, 807
144 252
133, 017
129, 420
138, 595
127, 363
129, 987
150, 741
123, 001
147, 478
130, 125
140, 309
58, 374
81, 935
121, 488
55, 280
66, 208
97, 308
45, 645
51' 663
125,401
54, 539
70 862
112 467
50, 131
62 336
130 966
55, 378
75, 588
145 055
57, 566
87 489
157, 569
59, 768
97, 801
152 899
55, 370
97 529
148, 162
55, 244
92, 918
152 080
57, 600
94 480
3,945
8, 579
324
279
3,837
9,390
396
564
3,374
9,291
365
551
3,724
8,452
317
472
3,491
7,456
377
525
3,292
7,187
429
375
4,253
8,289
379
500
3,823
7,168
357
528
3, 658
7,672
412
466
4,094
7,794
270
468
2,872
6,621
233
341
3,580
7,200
318
511
_do
do
do
_do
do
37, 598
44, 314
21, 759
60, 237
27, 652
43, 493
48, 789
25, 691
67, 176
35, 383
40, 145
44, 467
24 269
65, 900
34 509
35, 206
41, 794
21 370
67, 870
27, 874
41, 373
43, 507
23, 097
67, 096
34, 948
37, 064
46, 097
22 556
64, 005
29 980
39, 816
51, 041
25 910
70, 419
31 879
35, 442
48, 871
24 217
67, 640
32 382
39, 251
48, 598
23 971
71, 363
34 715
35, 561
43, 309
22, 268
68, 327
32, 120
32, 607
38, 889
18, 057
63, 272
27, 858
37, 043
46, 520
23 489
72, 263
29 228
do
_ -do
do
_ _ . _ _ -do
9,377
5,369
51, 089
13. 298
10, 908
6,473
49, 110
13. 363
11, 553
6, 542
51, 421
13. 977
10, 024
6,139
51, 413
13. 679
10, 848
7,265
52, 394
14. 829
10, 517
7, 187
49, 800
13. 080
9,951
8, 618
56, 587
15. 428
10, 508
8,961
51, 793
15. 711
11, 749
8,525
56, 170
15. 118
11, 000
8,178
56, 074
14, 900
r
9, 149
7,209
55, 357
14, 428
10, 048
7,336
58, 349
15. 313
Phenolic and other tar acid resins _
Polystyrene
Urea and melainine resins
Vinyl resins
_ _ _
Alkyd resins
__ _
46, 864
37, 985
111 821
.134
66 563
40, 884
111, 301
.136
178, 089
119, 437
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets rods, and tubes
thous. of Ib
Molding and extrusion materials _ _ . _do_ _
Nitrocellulose sheets rods and tubes
do
Other cellulose plastics
_ _ _ -do
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous
59, 004
38, 212
115, 410
.136
81, 565
65, 278
86, 694
.131
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil of kw -hr
-do
do
do
55, 649
48, 819
39, 859
8,960
58, 445
51, 129
41, 892
9,238
57 820
50, 645
41, 340
9, 305
60 055
52, 875
42, 878
9 998
62 938
55, 503
45,311
10, 192
55 374
48, 666
38, 687
9 979
59 765
52, 447
41, 008
11 439
57 702
50, 669
38, 622
12, 047
58 909
51, 699
39, 900
11 800
58 990
52, 053
40, 873
11, 180
61,191
54, 348
43, 534
10, 814
62, 649
55, 449
45, 416
10, 033
58, 335
51, 573
42, 291
9,282
Privately and municipally owned utilities -do
Other producers (publicly owned)
do
39, 503
9,316
41, 800
9,330
41, 230
9,416
43, 098
9,777
45, 083
10, 420
39, 779
8 887
42, 349
10, 098
40, 641
10, 028
41, 190
10 509
41, 590
10, 463
43, 532
10, 816
44, 585
18, 064
41, 742
16 593
6,830
6,604
226
7,316
7,074
242
7,175
6,920
254
7,180
6,903
276
7,435
7,154
281
6,708
6,443
266
7, 318
7,005
313
7,033
6,724
310
7,210
6 917
293
6,937
6,678
259
6,843
6,628
215
7,200
6,999
201
6,762
6,559
203
do
44, 786
44, 654
44, 526
46 092
47, 693
46 217
46 167
45 671
45 353
45, 613
46, 349
46, 976
_. _-do
do
7,951
23, 147
7,457
23, 957
7,276
23, 629
7,428
23 604
7,640
23, 795
7,583
22 640
7,440
23 509
7,324
23, 679
7,440
23, 996
7,935
23, 815
8,586
23, 068
8,839
24, 026
330
10, 785
1,200
392
926
55
353
10, 530
936
427
942
52
362
11, 047
769
454
942
47
389
12, 424
764
483
946
54
412
]3, 561
784
487
973
39
373
13, 389
758
440
989
45
379
12, 618
773
429
965
54
361
11, 970
922
393
969
53
235
11,310
903
370
949
51
312
11, 205
985
348
958
56
316
11, 709
1,258
357
995
60
322
11, 996
1 339
388
1,007
59
741, 999
730, 077
730, 285
756 811
784 979
775 742
762 232
751 690
746 672
758, 054
777, 509
796 383
Electric utilities, total
By fuels
By waterpower
Industrial establishments, total. _
By fuels
By waterpower.
_ _ _
Sales to ultimate customers, total (EEI)t
Commercial and industrial:
Small light and power
Large light and power
_-do
do
_do_- -
Railways and railroads
_ _ _ _
do
Residential o r domestic
_ _ _ _ _ _ -do
Rural (distinct rural rates)
do
Street and highway lighting _ _ _.
.do
Other public authorities _
_ _ _ -do _
Interdepartmental
do
Revenue from sales to ultimate customers (Edison
Electric Institute) J
thous of dol
GAS
Manufactured and mixed gas (quarterly) :cf
Customers end of quarter, total
thousands
Residential (incl. house-heating) .
do
Industrial and commercial-_do
Sales to consumers, total
_ _ mil. of therms. _
Residential (incl. house-heating)
_do
Industrial and commercial
do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating) _
. _do__ _
Industrial and commercial
. _do
r
Revised.
1
3,591
3,347
242
3 359
3,138
219
3 314
3,093
219
3,282
3,064
216
319
189
125
572
410
156
885
688
190
526
366
151
52, 586
37, 766
14, 456
81, 724
62, 948
18, 324
115, 093
91, 938
22, 550
75, 580
57, 581
17, 467
P Preliminary.
2
December 1 estimate of 1956 crops.
November 1 estimate of 1957 crop.
^Revisions for February-August 1956 will be shown later.
c?Totals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
491, 421
SURVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-27
1957
January
February
March
April
May
June
October
August September
July
ELECTRIC POWER AND GAS—Continued
GAS— Continued
Natural gas (quarterly) :cf
Customers, end of quarter, total
Residential (incl house-heating)
Industrial and commercial
thousands
do
do
25, 512
23 551
1,933
26, 567
24, 441
2,107
26, 745
24, 624
2,092
26, 705
24 637
2 040
Sales to consumers, total
Residential (incl. house-heating)
Industrial and comrnp.rcial
mil of therms
do
do
13,611
2,057
10, 766
17, 654
5,544
11,345
23, 052
10, 308
11, 826
16 898
5,125
11 030
Revenue from sales to consumers, total thous. of dol
Residential (incl house-heating)
do
Industrial and commercial
do
568, 728
234, 473
315, 465
883, 299
486, 445
376, 492
1, 290, 577
827, 558
437, 858
851, 014
466 161
365 489
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
thous of bbl
Taxable withdrawals
_
do
Stocks, end of month. _ _
__
do
Distilled spirits:
Production
thous of tax gal
Consumption, apparent, for beverage purposes
thous of wine gal
Tax-paid withdrawals
thous. of tax gal
Stocks, end of month
do
Imports
thous of proof gal
Whisky:
Production
_ _
thous. of tax gal
Tax-paid withdrawals
do
Stocks, end of month
do
Imports
thous of proof gal
Rectified spirits and wines, production, total 9
thous of proof gal
Whisky
do
Wines and distilling materials:
Effervescent wines:
Production
thous of wine gal
Taxable withdrawals, _ _ _
do
Stocks, end of month
do
Imports
_ _ _ _ _ _ _
d o
Still wines:
Production - - _ _ _ _ _
d o
Taxable withdrawals
do
Stocks, end of month
do
Imports
do
Distilling materials produced at wineries
do
6 866
5,689
9,552
5 912
5,570
9,558
7 611
6 439
10, 261
8 081
6,992
10, 931
9 007
8,201
11,211
9 Oil
8,247
11, 478
9,803
9,191
11,469
8,354
8,482
10, 805
6,838
6,884
10, 333
17 852
19 982
18 105
18 902
19 033
19 307
14 063
8 478
11,002
23, 650
25 159
11, 989
832 439
2 889
14 375
9,661
838 623
1 482
15 936
10, 805
842 059
1 606
16 897
12, 420
845 407
1 973
15 264
11,190
850 996
1 965
17 868
12, 234
853 437
2 277
15, 121
16 443
10, 316
12, 887
853 012 r848 118
2 211
1 936
16, 994
11, 568
845, 122
1 942
I3, 786
842, 191
10,122
6 334
726, 562
2 627
11,429
5 125
730, 569
1 265
11, 243
6 139
732, 777
1 438
12, 151
6 626
735, 536
1 733
12, 500
5 432
740, 710
1 782
10, 776
6 211
742, 045
2 056
8,067
6 404
742, 872
1 739
4,048
4, 177
741, 197
2 025
5, 262
5,482
739, 048
1,740
8,214
7,604
736, 320
12, 549
11 275
6 768
5 675
4,677
3 622
4,607
3 675
5 137
4 016
5,238
4 170
5 614
4 382
6 914
5 615
5,332
4 171
5,611
4,219
7,227
5 918
205
276
1,648
101
188
272
1,547
115
162
261
1 418
114
206
129
1,477
41
251
101
1,611
36
205
134
1 665
44
226
160
1,713
50
237
183
1,755
67
282
173
1 840
50
155
105
1,877
36
336
155
2,039
49
172
184
2 007
71, 849
14, 615
202, 848
680
142, 607
24, 070
13 879
210, 541
874
41, 839
3,912
11 953
198, 721
765
6,075
2,923
10 872
190, 095
585
3,954
2,218
10 220
180, 012
465
3,949
2,630
12 485
170, 636
598
1,540
2,139
11, 893
159, 627
653
1,871
1,907
11 295
149, 615
649
912
1,984
10 421
138, 034
621
1,332
1,049
9,248
130, 148
457
1,192
4,132
10,888
122, 608
509
10, 566
42, 227
13, 680
149, 569
92, 960
62, 261
.620
90 605
39, 640
.632
102 810
25, 103
.614
116 405
28, 855
.604
109 255
31, 946
.606
124 855
40, 915
.604
132 870
61, 996
.604
158 305
95, 998
.602
149 040
147, 013
.601
1 28, 705
176, 061
.601
98, 010
68, 100
90, 700
61, 400
96 240
64, 280
100 920
68, 840
97, 105
67, 695
116 150
82, 750
131, 460
96, 250
161 775
126, 270
160 485
125, 670
137, 945
105, 435
532, 107
492, 648
5 589
489, 385
448, 857
5 609
454, 729
414, 606
5 332
441,082
401, 079
5 598
419, 992
379, 637
5 038
390, 308
349, 441
3 188
388, 631
346, 277
4 989
391, 289
345, 421
4 325
424, 917
381 146
3 953
466, 136
419 583
4 202
495, 063
449, 472
2 850
.384
.390
.390
.390
.390
.390
.390
.390
.390
.388
5,520
189, 100
5,670
164, 200
6,370
146, 500
7,110
152, 200
7,350
162, 000
8,275
169, 850
6,380
212, 600
6,550
260, 500
3,975
312, 200
8,761
425, 545
9,335
383, 686
10, 391
310, 371
9 649
224, 025
9 117
156, 420
9 559
123, 616
8 925
83, 361
9 172
153, 950
2,191
14, 622
5,053
14, 972
3,385
14, 172
5 054
20, 211
5 129
15, 847
2 888
9,200
7 270
15, 064
4 802
7,861
6, 497
6,424
10, 343
6 500
6,670
9,753
20, 386
34 134
23 065
16, 572
14, 269
844, 208
2 414
22 321
21,817
835 948
3 580
23 822
19, 331
830 129
3 632
7,847
7,469
734, 041
2 166
10,971
11 120
729, 660
3 258
10, 734
10 325
725, 572
3 288
7,871
6 792
13, 497
12 019
168
200
1, 752
62
30, 498
12, 689
r
r
r
T
r
144, 122
r
580
80, 015
5 947
6,171
9,135
6 123
6,129
8,768
97, 449
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
thous of Ib r 93, 125
105, 490
Stocks, cold storage, end of month
do
Price, wholesale, 92-score (New York)___dol. per lb__
.613
Cheese:
Production (factory), total
thous. of Ib
102, 445
American, whole milk .
_
do
74, 135
Stocks, cold storage, end of month, total
do _
American, whole milk
do
Imports
_
do
Price, wholesale, American, single daisies (Chicago)
dol. per lb__
Condensed and evaporated milk:
Production, case goods:
Condensed (sweetened)
_ _ _ ...thous. of lb_
Evaporated (unsweetened)
_do
Stocks, manufacturers', case goods, end of month:
Condensed (sweetened)
thous. of Ib
Evaporated (unsweetened)
_do _
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened),
do
Price, wholesale, U. S. average:
Evaporated (unsweetened) _ _ _ dol. per case
Fluid milk:
Production
mil. of Ib.Utilization in mfd. dairy products. _
_do _
Price, wholesale, U. S. average
dol. per 100 Ib..
Dry milk:
Production:
Dry whole milk
thous. of Ib
Nonfat dry milk solids (human food)
_ do _
Stocks, manufacturers', end of month:
Dry whole milk. _ _ _ _ _ _ _ _
_ do
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk
do
Nonfat dry milk solids (human food)_ do _
Price, wholesale, nonfat dry milk solids (human
food), U. S. average
_
_ _
dol. per Ib
r
108 805
171, 815
.607
r
91 385
145, 262
.624
124, 308
.614
119, 625
89, 770
102 695
73, 715
507, 286
460 860
3 208
497, 486
453, 093
464, 553
425, 121
.388
.388
.391
.392
3,350
278, 400
3,775
245, 650
3,250
217, 300
3,950
170 900
9 547
244, 478
9 416
368, 927
8,406
421, 706
7 572
438, 820
7 533
428, 868
2 536
13, 034
1 444
16, 306
3,153
12, 149
3 350
19, 897
1 712
15, 762
r
r
5.93
5.93
5 93
5.93
5.93
5 93
5 95
6 05
6 06
6 05
6 06
6.06
6 06
9,512
3,392
r
4.36
9,276
3,285
'4.55
8,695
3,120
4.61
9,227
3,450
4.53
9,697
3,791
4.44
9,464
3,618
4.34
10, 961
4,213
4.19
11,428
4,647
3.99
13, 122
5 593
3.85
12, 633
5 312
3.83
11, 692
4,593
3.99
10, 794
3 929
4.16
9,611
3,307
'4.40
8,000
79, 500
7,350
79, 800
6 400
83, 300
8 250
104, 800
7 700
120, 900
6 500
122 400
6 450
144 090
8 200
162, 500
10 600
205 500
9 800
193 700
8,500
145, 700
6 600
116, 000
6 700
89, 500
13, 118
98, 722
11, 725
76, 563
11, 390
67, 095
10, 757
69, 461
10, 384
65, 623
10, 450
63, 308
9 430
69, 029
9,919
80, 493
11 926
119, 757
13 374
144, 368
13, 792
133, 496
12, 783
113, 910
11, 061
93, 573
3,820
19, 274
2,692
42, 371
2 010
21, 053
2 776
42, 700
4 418
9,136
3 071
7 645
3 607
12 552
4 858
24 418
3 940
18 290
3 183
25 686
4,561
18, 989
5 168
24 192
2 681
29 588
.152
.152
152
152
.153
152
153
154
153
153
.152
.153
153
Revised.
*» Preliminary.
cfTotals include data not shown separately. Revisions for 1st and 2d quarters of 1956 are available upon request.
9 Data beginning July 1956 exclude production of wines and vermouth; for July 1955-June 1956, such production totaled 183,000 gal.
r
9,412
4.58
SURVEY OF CURRENT BUSINESS
S-28
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
August September
October
FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
_ _
thous. of bu
Shipments, carlot
no. of carloads
Stocks, cold storage, end of month
thous. of bu__
1
Citrus fruits, carlot shipments
no. of carloads _ _
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of lb__
Fruit juices and purees
do
Vegetables
do
Potatoes, white:
Production (crop estimate)
thous of cwt
Shipments, carlot. .
.
_ _ _ no. of carloads
Price, wholseale, U. S. No. 1 (New York)
dol. per 100 lb_.
'* 116,308
3,378
49, 072
591
6,317
2,394
38, 090
2,085
33, 933
100,623
1,811
26, 578
1,595
19, 814
1,592
12, 765
2,061
7,128
1,804
3,246
1,005
1,045
257
384
4,554
4, 265
6,349
9,718
7,492
6,579
7,819
7,783
9,564
8,484
489, 423
409, 656
868, 687
483, 068
354, 871
914, 895
467, 046
303, 742
905, 439
450, 562
294, 282
857, 942
422, 805
388, 388
787, 218
379, 474
464, 337
721, 613
341, 520
492, 287
665, 354
292, 185
505, 397
655, 695
272, 005
562, 221
625, 384
375, 067
567, 775
657, 296
16, 573
12, 757
13, 759
243,716
12, 333
15, 524
15, 687
19, 819
17,712
18, 443
19, 971
10, 797
9,417
r 9, 536
3.515
3.394
3.500
3.075
3.533
3.620
3.480
3.540
3.930
3.658
» 3. 328
-• 3. 841
» 3. 292
53, 569
64, 897
57, 733
73, 833
67, 010
66, 226
72, 528
69, 143
58, 456
72, 209
49, 127
59, 843
49, 873
13, 686
10, 288
12, 027
372,495
12, 195
10, 537
8,344
10, 760
8,340
8,263
15, 480
15, 403
22, 973
"11,809
51, 447
225, 013
7,286
47, 127
43, 798
36, 062
25, 343
22, 224
44, 894
3,576
6," 052"
4, 458
3,305
44. 855
272, 305
3, 820
41, 471
3, 675
31,253
41, 546
3,569
40, 120
6,238
30, 111
104, 052
5,530
1.253
1.179
1.264
1.197
131
229
6,966
r
48
340
r 803
12, 215
5,483
' 4, 176
4,426
498, 120 ' 550, 700 5G6, 3S8 548, 014
504, 187 ••445,773 398, 4«5 335, 843
726, 872 r 873, 600 9 4, 765 1,001,860
2
236, 499
12, 202
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) ._ thous. of bu__
Barley:
Production (crop estimate)
Receipts, 4 principal markets?
Stocks, domestic, end of month:
Commercial
On farms
Exports, including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight
1
do .
do
do
do
do
r
dol. per bu__
do
Corn:
Production (crop estimate)
mil of bu
Grindings, wet process
thous of bu
Receipts interior primary markets
do
Stocks, domestic, end of month:
Commercial _ _ _ _ _ _ _
_
do
On farms
mil. of bu__
Exports, including meal and
flour
thous. of bu_.
Prices, wholesale:
No. 3, vellow (Chicago)
dol. per bu
Weighted average, 5 markets, all grades _ do
37, 661
3,981
1.257
1.172
1.320
1.276
1.298
1.258
1.278
1.237
1.261
1.206
1.268
1.219
1.263
1.205
1.238
1.188
1.131
1.036
1.139
1.055
1.176
1.115
1.228
1.160
11,473
16, 527
13, 050
46, 379
11,819
47, 353
i 3, 451
10, 690
23, 272
11, 731
32, 736
10, 874
49, 429
11,313
60, 072
11,133
47, 066
12, 023
32, 770
11,473
17, 203
11,661
17, 375
12, 321
21, 525
11,716
64, 134
3 300. 1
6,313
79, 865
100, 863
102, 650
157, 821
12, 514
12,313
14, 124
153, 642
1, 118.4
10, 198
139, 360
12, 789
126, 744
1,615. 1
16, 024
151,613
17, 243
93, 849
2,331.1
15, 578
89, 558
11,302
1.556
1.484
1.296
1.320
1.339
1.331
1.357
1.300
1.343
1.322
1.275
1.244
1.290
1.260
1.298
1.240
1.333
1.267
1.316
1.292
1.337
1.336
1.312
1.260
4,737
4, 052
1, 153
5,304
7,261
3,759
4,950
5,968
4,272
3,652
10,607
26, 275
31,285
25, 223
19, 495
17, 794
11, 688
24, 314
1,614
.820
1,423
.784
1,206
.727
1,134
.738
12, 066
191,840
1,237
.695
16, 083
2,076
.824
15,116
410, 427
869
.778
13, 240
3,836
.733
1,411
.662
3,490
.674
Oats:
Production (crop estimate)
mil of bu
8,508
Receipts, interior primary markets
thous. of bu__
Stocks, domestic, end of month:
39, 008
Commercial
do
923, 394
On farms
do
4,725
Exports, including oatmeal
do
.715
Price, wholesale, No. 3, white (Chicago) _dol. per bu__
Rice:
Production (crop estimate)
thous. of bags 9
California:
Receipts domestic rough
thous of Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous of Ib
Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills
do
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) end of month
mil of Ib
Exports
thous of Ib
Price, wholesale, head, clean (N. O.)
dol. per lb__
Wheat:
Production (crop estimate) total
139, 275
101, 184
172,326
79, 243
flour
1.262
1.184
1.189
1.151
75, 193
35, 564
55, 410
39, 331
126, 523
98, 210
153,906
129, 567
123, 31 1
81,696
98, 507
76, 095
87, 304
52, 605
62, 147
39, 704
54, 245
33, 239
33, 195
45, 839
17, 151
97, 309
91,446
75, 950
50, 793
51,580
39, 423
44, 158
42, 424
42, 469
38. 683
115,078
78, 407
144,810
122, 165
135, 725
62, 275
110,818
17,955
101,820
20, 879
93, 489
14, 122
86, 565
27, 618
126, 704
70, 428
89, 787
804.9
153, 605
.083
1,221.1
247, 066
.085
1, 192. 3
123,318
.085
1, 026. 2
404, 990
.085
907.0
110,930
.085
836.3
179, 710
.088
651. 7
333, 060
.090
509. 2
246, 261
.089
394. 3
104, 434
.091
443.8
71, 665
.091
376.5
109, 789
. 095
256. 4
37, 884
.094
1,074
10, 517
1.435
1 118
9,143
1.465
680
8,109
1.471
498
6, 394
1.499
30fi
5,458
1.400
240
4, 844
1. 412
302
2, 966
1.363
3,531
2,023
1.292
2, 730
6,692
1. 246
2, 124
7,515
1.281
21 558
1,063
8.294
1.459
997 2
262 2
735. 0
28, 212 r 34. 865
312 205
21,462
301, 776
24, 030
25, 472
360, 984
368, 482
365, 104
364, 343
38G~872
1,187.8
360, 702
' 3 90S. 4
356," 532 ~341,~690~ 3313,481 411, 584
24, 144
356, 920
356, 831
1,797.4
1.487.3
467, 254 ~446~G21~ 429," 322" 393.211
403, 458
352, 461
r
778, 401
417 276
42, 029
30, 212
33, 901
29. 787
r
675. 222
292 804
51.477
44, 109
r
48. 485
43. 135
48, 350
42; 207
25, 221
281.7.- ; 7
107, 434
384, 362
401, 176
65, 777
437~937
' 7, 684
1.304
36, 821
32, 798
56, 846
51, 405
2
26, 440
6,209
1. 306
i 927. 3
1
236. 7
i 690. 6
238, 990
1, 598. 6
412, 237
417, 052
715, 103
388, 390
3 59. 540
50, 674
46, 050
42, 877
396, 776 •" 382, 848
3444.326
55 \ 750
165, 959
49. 46")
42, 599
r
2
147, 210
*.093
1
1
1
29. 679
33, 920
28, 770
483 :
2,851 !
1.240 ;
1, 338
' 25, 420 22, 225
1,079,183
1,694
.650
.632
47, 402
85, 123
348, 506
r
110, 211
2
3
3, 333
128, 029 -120,317
416.3
13, 867
18, 643
159, 556
126, 296
341, 218
T
10, 549
94, 041
1
do
2
851, 623
178, 225
31, 241
do
do _
99, 461
73, 695
3
64, 750
do
thous. of bu__ r 39, 257
234 094
do
United States, domestic, totald*
mil. of bu._
Commercial^
thous. of bu _ _
Interior and merchant mills, elevators, and
warehouses
thous of bu
On farms
do
21,363
696, 376
2,570
.829
3,386
r
919, 691
164, 181
mil of bu
Winter wheat
Receipts, interior primary markets
Disappearance (Quarterly total)
Stocks, end of month:
Canada (Canadian wheat)
Exports, total, including
Wheat onlv
1
1
Rye:
Production (crop estimate)
thous of bu
Receipts interior primary markets
do
Stocks, commercial, domestic, end of month___do
Price, wholesale, No. 2 (Minneapolis) _._dol. per bu__
r
40, 122
159, 561
3,011
2430.737
13, 818
32, 202
27, 819
33, 993
29, 222
30. 425
25, 845
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2, 382
2, 361
2. 428
2. 416
2. 394
2. 435
2.371
2.393
2. 438
2.400
2. 426
2.495
2. 428
dol. per bu__
2.393
2,121
2.112
2.132
2.135
2. 302
2.231
2. 268
2.335
2. 358
2.338
2. 343
2. 358
2.310
2. 282
No. 2, hard winter (Kansas City)
do
2.139
2. 108
2.178
2. 057
2.213
2.109
2.298
2.440
2.110
2.345
2.405
2. 221
2.358
2.185
No. 2, red winter (St. Louis)
do
2.302
2.289
2.
32(3
2.221
2.365
2.344
2.406
2.
439
2.
401
2.494
2.411
2.417
2.446
2.389
Weighted avg., 6 markets, all grades
do
T
l
2
Revised.
*>
Preliminary.
Revised
estimate
of
1956
crop.
November
1
estimate
of
1957
crop.
3
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
^Revised beginning January 1954 to reflect data compiled from reports based on 5-day weeks (prior thereto, based on 6-day weeks). Revisions for .January 1954 through July 1956 are shown
in the October 1957 SURVEY. " §Excludes a small amount of pearl barley.
9 Bags of 100 Ib.
cf The total includes wheat owned by Commodity Credit Corporation and stored off farms hi its own steel and wooden bins; such data are not included in the breakdown of stocks.
IData for March, June, September, and December are not strictly comparable with those for other months, largely because of somewhat smaller coverage of the quarterly reports.
November 1957
SURVEY OF CUKKENT BUSINESS
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-29
1957
January
February
March
April
October
August September
May
June
July
19, 383
81.1
365 727
44, 256
18 144
83.6
347 039
18 868
79.0
365 966
43, 319
20, 317
85.2
394, 942
46, 796
95.1
399, 353
2,048
5,189
1,966
6 005
r 5 575
*>6. Oil
p 5. 575
615
1,726
638
1,627
2.491
679
FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flour
thous of sacks (100 Ib )
Operations, percent of capacity
Offal
short tons
Grindings of wheat
thous of bu
Stock held by mills, end of quarter
thous of sacks (100 Ib )
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol per sack (100 Ib )
W" inter hard short patents (Kansas Ci^y) do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous of animals
Cattle
do
Receipts principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 Ib
Steers, stocker and feeder (Kansas City)
do
Calves, vealers (Chicago) ___ __ ._ _ _ _
do
Hogs:
Slaughter (federally inspected)
thous of animals
Receipts, principal markets
do
Prices:
Wholesale, average, all grades (Chicago)
dol. per lOOlb..
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog__
Sheep and lambs:
Slaughter (federally inspected)
thous of animals
Receipts principal markets
do
Shipments, feeder, to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
_dol. per 100 Ib
Lambs, feeder, good and choice (Omaha)
do
19 889
97 3
377 812
45 539
21 899
88 9
416 796
50 182
Poultry:
19 278
89 6
365 415
44 126
18 940
79.1
360 570
43, 323
19 156
89 1
358 583
43 661
19 679
86.2
367 929
44 693
2 296
2 637
5 190
2 947
1 985
1 727
2 335
1,903
22 162
93 6
419 916
50 711
41,591
4,746
20,584
47,311
5 297
2 210
2 497
1 766
5 572
3 162
6 050
5 655
5 950
5 710
6 180
5 785
6 030
5 725
6 020
5 770
6 020
5 625
5 950
5 700
5 975
5 790
5 900
5 600
6 025
5 725
6 210
5 800
661
1 617
2 721
734
872
1 959
3 559
1 081
763
1 807
2 689
794
605
1 686
2 121
363
657
1 851
2 203
252
550
1,488
1 770
178
632
1,514
1 836
237
613
1 499
1 947
212
580
1,665
1 961
205
535
1,535
1 860
160
596
1,759
2 312
272
27 31
17. 22
21.00
26 00
17.31
22. 50
23 97
17.29
20 94
17.68
20.28
22.61
27.50
26.00
21.13
25.00
20.86
27.00
22.85
18.24
21.36
19.35
23.07
20.20
22.50
21 65
16.67
21.50
25. 00
24.76
20.74
22.50
25.45
20.33
24.50
4 979
2 676
6 347
3,512
6 559
2^622
5 000
2, 657
3 994
4 185
4,418
3,030
5 380
2,710
4 884
3,037
5 655
4 985
3,483
5 698
2,326
2,599
16.01
15.55
14.59
16.32
17.52
16.98
17.05
17.52
17.39
18.15
19.39
20.37
19.12
17.16
16.3
16.6
15.9
••11.0
13.0
11.7
13.3
14.1
13.7
14.0
14.4
25.00
2,573
14.0
1 167
l' 770
679
1 439
1 948
802
1 139
1 085
266
1 062
1 023
145
1 333
1 204
201
1 091
943
142
1 Oil
858
127
1 061
996
113
1 133
1,013
161
20.50
20.00
19.25
18.12
19.38
17.85
20.12
18.55
20.00
19.78
23.00
20.97
22.75
24.00
21.07
2,256
2,064
2,199
1,843
1,932
1,866
1,963
19.00
18.71
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
Tnil of Ib
2,282
1 832
Stocks (excluding lard), cold storage, end of month cf
449
412
mil. of Ib—
Exports (including lard)
do
81
67
20
Imports (excluding lard)
do
17
Beef and veal:
Production inspected slaughter
do
931 1 1 128 4
Stocks, cold storage, end of month
thous. of Ib-. 128, 430 163, 026
11 929
7 172
Exports
do
9,486
7 816
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
.452
.486
(600-700 Ibs.) (New York)
dol. per Ib—
Lamb and mutton:
Stocks, cold storage, end of month
__
do
Pork (including lard) , production, inspected slaughter
mil of Ib
Pork (excluding lard) :
Production inspected slaughter
thous of Ib
Stocks, cold storage, end of month
do
Exports
do
Imports
do
Prices, wholesale:
Hams smoked composite
dol per Ib
Fresh loins, 8-12 Ib. average (New York)
do
Lard:
Production inspected slaughter
thous of Ib
Stocks dry and cold storage end of month
do
Exports
do
Price wholesale refined (Chicago)
dol per Ib
20 055
89 1
377 713
45 844
50 991
9,703
63 531
11, 203
21.75
2,245
15.1
20.11
p 25. 50
5, 060
23.00
23.75
20.60
23. 75
21.14
21.88
1,721
1,851
1,828
1,858
485
395
58
26
330
46
42
305
56
313
960.7
1, 019. 8 1, 010. 4
116, 063 ' 120, 414 113, 584
9,699
1,637
1,774
30, 730
11, 796
117, 782
596
66
33
554
90
30
••89
1 041 7
220, 008
10 896
10, 853
987 0
263, 929
14 264
1 111 7
246, 789
27 827
11, 588
902.5
918.1
194, 214
9,521
r
11, 003
906.1
168, 599
999.1
141, 556
904.7
16, 718
16, 612
24
123, 321
8,451
11, 043
22.00
21. 50
21.05
.417
.390
.371
.365
.376
.395
.406
.410
.430
.448
.438
.422
52 150
50 262
11, 590
64 751
9,' 715
53 909
49 504
8,100
50 604
52 639
53 385
7,330
6,837
46 700
6,870
6,399
49 725
r
5, 194
49,650
5,745
5,669
9
770.0
777.7
767.4
847.8
577, 734 579, 219
204, 404 - 147, 043
639, 808
134, 085
138, 145
P. 521
.516
.480
11,016
8,987
1 090 1 1 162 5
1 026 6
1 026
886 9
964 4
909 2
911 3
638 107
165, 514
5, 078
6 935
817 159
167, 955
5, 897
8 236
862 470
248, 637
754 561
279, 768
754 416
293, 332
650 175
334, 606
703 006
352, 914
661 271
343, 081
8 247
10 714
13 061
9 428
13, 745
13 297
657, 319
323, 905
6,414
10, 685
559, 379
278, 624
12, 359
10, 805
486
.511
466
.444
.471
.409
511
.421
516
.450
.519
.446
.506
.438
.521
.452
.516
.477
.532
.505
.543
.512
r. 561
154 24 *?
123 398
38, 075
155
199 618
106 352
46, 813
158
218 913
103 484
47, 272
158
198 576
111' 637
47, 898
175
1% 353
101 098
37, 811
175
172 767
112 042
36, 380
173
190 755
119 122
61, 940
168
182 122
127 116
43, 783
138
186 287
120, 168
65, 696
153
154 196
107, 113
«• 52, 322
158
146 019
101, 808
«• 34, 707
.165
137, 940
76, 600
24, 347
.160
69 299
90 080
90 347
75 226
53 211
45 378
292, 033
51 969
259, 975
52 606
219, 988
58 155
202, 191
50 582
190, 441
60 319
185, 138
150
155
153
.150
.150
.148
.153
P. 153
5,902
5,662
4,786
2,888
4,588
4,416
1,350
849 6
24.48
20. 18
21.06
631
93
4,623
15.7
24.84
1,111
1,059
341
636
69
22
11,679
9,939
2,294
475
1 200
1,108
222
619
93
27
11,145
*
1 044
914
108
679
95
24
3,404
2,207
1,104
1,308
502
591
83
22
220, 123
r
6,275
8,726
9,420
8,753
6,592
5,420
4,559
7,040
5,036
11, 121
.525
3,864
151,801
68, 650
30, 532
P. 167
POULTRY AND EGGS
235, 159 361, 756 368, 378 332, 817 330, 135
Stocks, cold storage (frozen), end of month
do
Price, wholesale, live fowls, heavy type, No. 1
145
148
150
148
( Chicago)
dol per Ib
165
Eggs:
4,885
5,369
5,280
4,860
Production, farm
millions..
4,461
2 249
1 592
1 315
1 010
Dried egg production
thous of Ib
1 205
Stocks, cold storage, end of month:
525
328
616
320
727
Shell
thous. of cases__
74,848
86, 807
Frozen
thous. of lb__ 152, 015 131, 547 108, 684
Price, wholesale, extras, large (Chicago)
.344
.308
.459
.437
.400
dol. per doz__
2 246
3 093
5,731
4 032
4,001
5,038
3,835
519
65, 643
932
78, 436
1,208
107, 568
1,719
140, 456
1,812
166, 942
.322
.304
.318
.290
.299
5,022
r
62 975
68, 397
202, 178 -•261,146
1,780
375, 875
4,597
'895
550
* 1, 174
1,507
176, 721 ' 164, 728 ' 147, 430 122, 761
.361
.408
.460
117, 610
.523
MISCELLANEOUS FOOD PRODUCTS
Confectionery manufacturers' sales
thous of dol r!09 209 120
Cocoa (cacao) beans:
12 429
11
Imports (incl shells)
long tons
Prinp whnlp.sa.lp A r»rvrn. (New Ynrlr^
n*nl r»pr Ih
278
T
Revised.
» Preliminary.
d"Prior to 1957, figures include data for sausage and sausage-room
606,490,000 Ib.
685
118 264
96 672
96 970
91 338
90 912
84 372
68 374
62 783
59, 996
r 74, 812
845
255
11 549
20 669
270
37 610
.231
15 681
.234
27,722
16, 997
. 255
15, 053
.253
24,757
21, 710
.305
7,686
.2fifi
.223
.305
.321
v. 346
products and edible offal; figure for December 1956 comparable with those beginning 1957, which exclude such items, Is
SUKVEY OF CURRENT BUSINESS
S-30
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
October
August September
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee:
Clearances from Brazil, total
thous. of bagscf
To United States
do
Visible supply, United States
do
Imports __
do
Price, wholesale, Santos, No. 4 (New York)
dol. per lb__
Fish:
Stocks, cold storage, end of month
thous. of lb_Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons..
United States:
Deliveries and supply (raw basis) :
Production and receipts:
Production
short tons
Entries from off-shore, total
do
Hawaii and Puerto Rico
do
Deliveries, total
do
For domestic consumption
do
For export
do
Stocks, raw and refined, end of month
thous. of short tons.Exports
short tons
Imports:
Raw sugar total 9
do
From Cuba
do
From Philippine Islands
do
Refined susar, total
do
From Cuba
do
Prices (New York) :
Raw wholesale
dol per Ib
Refined:
Retail
dol. per 5 lb__
Wholesale
dol per Ib
Tea, imports
thous. of lb_-
1,415
899
1,063
1,992
1,449
885
1, 030
1,476
1,326
700
1,111
1,379
1,584
898
965
1,667
1, 671
1,201
988
2,020
1,288
883
1,181
2,405
1,048
679
853
1,832
927
512
1, 034
1, 545
1,025
606
954
1,579
1,102
596
927
1,445
.565
.545
.532
168, 485 -•189,195
201, 131
794
413
954
1,194
935
529
989
1,485
1, 250
686
1,005
.615
.603
.600
.603
.610
.609
.599
.593
.593
.583
195, 648
200, 838
200, 403
196, 091
168, 596
145, 404
122, 414
117, 976
128, 320
145, 882
r 1, 823
1,148
973
873
563
1, 640
2,890
3,790
3,615
3,010
2,445
1,945
1,620
113,396
593, 213
184, 476
591, 014
456, 306
282, 385
794, 492 '545,449 115, 426
282, 508 r 199, 555 519, 988
189, 762 ' 86, 308 50, 532
53, 164
453, 611
93, 376
31,142
565, 977
157, 876
23, 279
630, 053
208, 242
28, 766
624, 323
233, 502
50, 246
546, 450
172, 764
37, 006
694, 255
232, 497
51, 685
653, 440
245, 582
533. 398
141, 310
815, 887
811, 798
4,089
835, 408
830, 168
5,240
669, 695
666, 768
2,927
665, 436
661, 137
4,299
590, 353
585, 089
5, 264
538, 498
536, 683
1,815
638, 888
636, 437
2, 451
687, 686
684, 978
2, 708
772, 035
770, 381
1,654
923, 739
911, 362
2,377
878, 655 833, 099
874, 797 ••829,565
3, 534
3,858
770, 750
888
625
1,101
928
1, 614
624
r 1, 906
440
1, 826
564
1,809
1,205
1,813
r 604
1, 757
428
1,619
544
1,328
584
1,180
985
353, 122
272, 280
69, 743
3,947
765
246, 276
202, 930
35, 775
5,722
3,466
138 548
98, 873
28, 897
2,541
1,451
171, 386
151, 084
0
3,016
1,075
350, 622
231, 559
119, 041
45, 080
36, 724
310, 708
214, 601
96, 108
36, 012
31, 080
351, 330
218, 573
127, 280
64, 532
59, 880
330, 570
227, 221
103, 349
50, 560
45, 033
349, 997
235, 482
105, 275
40, 631
37, €72
336, 130
250, 587
80, 717
33, 127
25, 051
377, 358
285, 931
70, 693
48, 604
43, 918
315, 157
219, 754
66, 836
49, 376
41, 029
.061
.063
.063
.064
.065
.061
.062
.061
.064
.066
.066
.062
J>. 062
.500
.086
9,605
.507
.087
7,696
.512
.088
4,777
.518
.088
10, 344
.522
.089
8,197
.526
.089
7,417
.525
.089
10, 402
.526
* .084
9,981
.527
.084
10, 653
.527
1.084
8,525
.532
.085
8, 437
.534
1.085
8,202
. 536
f i . 084
TOBACCO
Leaf:
Production (crop estimate)
mil of Ib
Stocks, dealers' and manufacturers', end of quarter,
4,783
total
mil of Ib
Domestic:
317
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscel4,270
laneous domestic
mil of Ib
Foreign grown:
22
Cigar leaf
do
174
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb__ 80, 854
9,603
Imports, including scrap and stems
do
Manufactured products:
15, 088
Production, manufactured tobacco, total
do
6,021
Chewing plug and twist
do
6,189
Smoking
do
2,879
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
2,954
Tax-free
millions .
30, 403
Tax-paid
do
456, 019
Cigars (large) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
thous. of lb__ 14, 644
1,551
Exports cigarettes
millions
Price (Wholesale) , cigarettes, manufacturer to wholesaler and jobber, f. o. b. destination
3.938
dol. per thous ._
1
1
' 1, 000
2,239
855
355
31,684
2 2, 181
5,213
4,845
292
348
332
298
4,869
4,666
4,281
4,403
5 353
4 918
70, 201
11,506
42, 763
9,940
22
170
57, 743
8, 434
30, 389
10, 077
27, 066
10, 298
24
175
32, 432
9,662
30, 506
10, 701
29, 453
11, 227
24
208
39, 902
9,215
28, 447
11,715
40, 988
9, 383
17, 801
6,964
7,205
3,632
15, 346
6,331
5,970
3,045
11, 558
4, 864
4,246
2,448
15, 917
6, 539
6, 031
3,347
13, 268
5,510
4,858
2, 900
14, 345
5,935
5,399
3,011
14, 927
6,058
5, 763
3,107
15, 773
6,522
6,088
3,163
15, 104
6,133
5,683
3,288
13, 608
5,846
5,499
2,264
16, 584
6,592
6,785
3,207
15, 674
6, 128
6,564
2,982
2,674
37, 193
549, 541
2,585
33, 585
632, 063
2,572
25, 070
364, 509
2,714
35, 982
437, 127
2,463
31, 688
391, 193
2,267
33, 222
421, 950
2,721
32, 059
470, 129
2,482
38, 151
565, 237
3,297
34, 189
449, 722
2,979
35, 248
478, 149
2, 763
38, 013
525, 171
2,819
34, 684
500, 346
17, 245
1,310
14, 949
907
11, 709
1,475
15, 472
1,171
12, 997
1,337
14, 118
1,326
14, 493
1,306
15, 444
1,398
14, 506
1,491
13, 747
1,588
16, 619
1, 524
15, 272
1, 353
3.938
3.938
3.938
3.938
3.938
3.938
3.938
3.938
3.938
4.281
4.281
P4.281
r
26
190
77, 042
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports total hides and s" ^ns9
Cattle hides
Goat and kid skins
Sheep and lamb skins
Prices, wholesale (Chicago) :
Calfskins, packer, heavy, 9^i/15 Ib
thous of Ib
do
do
do
dol. per lb__
LEATHER
Production:
Calf and whole kip
thous of skins
Cattle hide and side kip__ -thous. of hides and kips__
Goat and kid 1
thous of skins
Sheep and lamb
do
Exports:
Sole leather:
Bends backs and sides
thous of Ib
Upper leather
Prices, wholesale:
thous of sq ft
Upper, chrome calf, B and C grades, f. o. b. tannery
dol. per sq. ft__
7,761
69
34
1,798
882
9,772
57
24
1,759
2,046
7,898
43
21
1,325
1,429
9,880
150
32
1,936
1,119
10, 508
103
14
2,205
1,437
8,497
165
13
1,010
2,189
15, 308
97
2
2,291
3,220
12, 039
132
1
1,737
3,245
11, 047
92
10
1,607
2, 784
9,895
116
23
1,821
2,065
6,702
159
10
1,361
710
10, 917
46
20
1,494
4,417
.525
.148
.450
.128
.488
.128
.475
.108
.438
.103
.463
.090
.463
.095
.513
.095
.513
.108
.550
.118
.488
.133
.450
.138
586
1,979
1,750
2,203
738
2,288
2,241
2,264
737
2,197
1,859
2,155
722
1,993
1,699
1,784
872
2,254
2,064
2,065
844
2,164
1,892
2,225
813
2,164
1,951
2,359
744
2,118
1,959
2,369
800
2,168
2.005
2,453
732
2,130
1,814
2, 148
546
1,887
1,774
1, 722
818
2,274
1,785
2,195
39
17
3,053
46
13
3,054
84
22
2,000
66
13
3,092
54
35
2,923
53
65
2,644
124
20
3,840
66
8
2, 831
37
36
3,126
88
36
2,913
35
12
2,148
87
87
3,137
r
p. 450
P. 123
108
32
3, 245
.625
.625
.625
.625
.625
.610
.610
.595
.595
.615
.625
.625
p. 630
1.123
1.118
1.145
1.145
1.112
1.118
1.145
1.158
1.180
1.185
1.208
1.175
* 1. 165
r
Revised.
» Preliminary,
i Beginning April 1957, data exclude excise tax; earlier data include excis e tax ($0.0r05 per Ib/
cf Bags of 132 Ib.
§ Data represent price for New York and Northea stern Ne\\ Jersey.
.540
2
s NoveiTiber 1 esljmate of 1957 crop.
Re vised estiinate of 19 56 crop,
9 Includes data rtot shown separatel 7-
SUKVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-31
1957
January
February
March
April
May
June
July
October
August September
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: 9
Production, total
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous of pairs
By kinds:
Men's
do Youths' and boys'__
__
.do _ Women's
do
Misses' ant] children's
do
Infant''' and babies'
do
Slippers for house wear
do
Athletic
do
Other footwear
__
do Exports
do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide upp°r,
Good vear welt
_ - - 1647-49=^100..
Women's oxfords (nurses'), side upper, Goodyear
welt
1947-49—100
"Women's and misses' pumps, suede split
do
44, 998
51, 600
46, 491
41, 668
51, 465
51, 250
54, 925
52, 697
49, 339
45, 226
46, 016
54, 968
48, 949
36, 988
41, 964
38, 186
37, 022
47, 574
46, 172
49, 045
46, 798
43, 029
38, 964
40, 087
46, 486
40, 571
7,940
1,718
19, 348
5. 306
2, 676
9,249
1,816
21,519
6,242
3 138
8,462
1, 520
19, 375
5, 787
3 042
7,727
1,687
18, 801
5, 876
2 931
9,198
1, 980
25, 429
7, 409
3 558
8,858
1,813
25, 078
6, 986
3 437
9, 755
1,993
26, 799
6 809
3 689
9, 493
2, 166
25. 537
6,178
3 424
8,964
2, 004
23, 157
5, 712
3 192
8,194
1,963
20, 771
5,437
2 599
7,481
2,113
22,412
5 451
2 630
8,844
2, 433
25, 701
6,440
3 088
8,497
2, 151
21, 095
5 937
2 891
7, 117
8, 632
7. 236
'607
3,944
508
194
326
2,715
4 129
4 759
4 892
5 280
5 075
4 982
7 416
6 S26
462
264
520
373
291
583
421
333
504
672
225
490
459
272
571
550
421
479
528
385
502
528
274
533
654
213
409
538
231
501
565
317
484
1 , 068
368
124.1
124. 1
124.1
124. 1
124. 1
124. 1
124.1
124. 1
124. 1
12-1 1
124.4
124.4
v 124. 4
129.9
117.4
131.3
117. 4
131 . 3
H7. 4
131.3
117.4
131 3
117.8
131 3
117. 8
131 3
117.8
131 3
118 9
131 3
11 «. 9
131 3
118.9
131 3
118.9
131 3
118.9
p 131 3
p 118 9
3,055
461
2,594
2,884
463
2,421
2,728
470
2, 258
3,107
545
2,562
2 354
2,967
476
2,813
3,147
2 866
LUMBER AND MANUFACTURES
|
LUMBER— ALL TYPES %
National Lumber Manufacturers Association:
Production, total
mil bd ft
Hardwoods
_ . _ . _ . _
do .
Softwoods
do
3,159
619
2,540
3, 394
do
__do. ...
do
2,901
538
2,363
3,172
do do __
do
2,954
572
2, 382
2,520
518
2,002
2,635
529
2,106
2.607
539
2,068
2,842
522
2,320
2,941
2,802
524
2,278
2, 375
550
2,622
2,543
479
2,064
2,488
504
1,984
2,795
497
2 298
3,027
483
2,544
3,140
1,898
481
2,659
2,491
429
2,384
9,257
3, 505
5, 752
9,478
3,571
5,907
9,629
3, 619
6,010
9,777
3,660
6,117
9,871
3,710
6,161
9,990
3,745
6,245
10, 037
3,770
6,267
9, 952
3,759
6, 193
9,867
3,739
6,128
9,782
3, 726
6,056
9,696
3,767
5,929
9,655
3,788
5,867
9, 672
3, 792
5 880
Exports, total sawmill products
Imports, total sawmill products
,_ _M bd. ft— 61, 646
294, 491
do
73, 668
314, 368
55, 235
279, 133
82, 249
227, 018
57, 608
175, 509
66, 281
206 698
80, 365
250, 060
66, 776
241 941
83, 948
241, 931
67, 790
257 755
76, 729
293 852
80 875
264 043
89 758
SOFTWOODS t
Douglas fir:
Orders, new
Orders, unfilled end of month
Production
Shipments
Stocks (gross), mill, end of month
__mil. bd. ft _
do
do
_
do
do
657
554
722
668
987
802
578
814
778
1,044
683
608
623
612
1,023
688
537
761
729
631
586
670
653
1,073
727
635
737
676
780
628
765
787
1,128
1,189
857
675
789
810
705
617
696
763
1,056
614
584
671
616
679
620
620
676
1,168
1,147
1,080
1,024
644
546
704
717
614
516
646
643
1,011
1 013
33, 500
19, 286
14, 214
24, 269
14, 117
10, 152
37, 584
22, 225
15, 359
22, 775
12, 858
9,917
35, 040
19, 437
15, 603
33, 831
19, 692
14, 139
31, 370
20, 426
10, 944
32, 948
21,403
11, 545
30, 942
16, 674
14, 268
27, 416
13 142
14, 274
* 26, 588
9 560
17 028
53 687
36 863
16 824
80. 770
r 80. 299
v 78. 860
Shipments, total
Hardwoods _
Softwoods
Stocks (gross), mill, end of month, total
Hardwoods..
.__
__ __
Softwoods
Exports, total sawmill products
M b d . f t . 27, 664
16, 699
Sawed timber
do
10, 965
Boards, planks, scantlings, etc
_.do--_
Prices, wholesale:
Construction, No. 1, dried, 2" x 4", R. L.
dol. per M b d . f t . _ 85. 089
Flooring, C and better, F. G., 1" x 4", R. L.
dol. per M bd. ft__ 130. 879
Southern pine:
586
Orders, new
mil. bd. it-211
Orders unfilled, end of month
do
595
Production
_ __ _ _ _ _ do
Shipments
do
590
Stocks (gross), mill and concentration yards, end of
1,821
month
mil. bd. ft
5,966
Exports, total sawmill products
Mbd. ft._
1,918
Sawed timber
do
4,048
Boards, planks, scantlings, etc
do
Prices, wholesale, composite:
Boards, Nc. 2 and better, 1" x G", R. L.
dol. Der M bd. ft._ 81. 884
Flooring, B and better, F. G., I" x 4", S. L.
dol. per Mbd. ft.. 154. 154
Western pine:
704
Orders, new
mil. bd. ft
359
Orders, unfilled, end of month
do _
Production
_. __
_ _ . _ _ _ . . do
796
692
Shipments
do
Stocks, eross, mill, end of month
.do __
2,017
Price, wholesale, Ponderosa, boards, No. 3 common,
I" x 8"
dol. per M bd. ft
73. 530
616
2,778
477
472
2,469
2,883
529
524
2,623
525
2 341
83. 159
81. 603
80. 654
81. 989
80. 905
80. 170
80. 893
80. 164
80. 176
129. 685
130. 646
130. 034
131. 320
131. 308
129. 746
128. 288
126. 500
126. 151
649
198
682
662
561
174
632
585
463
158
"•562
479
594
178
674
574
557
180
570
555
634
166
616
648
674
191
633
649
699
193
663
697
659
218
613
634
668
219
640
667
689
206
660
702
642
203
622
645
1,841
6,100
1,454
4,646
1,888
6,979
1,841
5, 138
1,971
9,536
1,809
7,727
2,071
6,851
1,203
5,648
2,086
7,505
1,451
6,054
2,054
9.240
2 217
7,023
2 038
8, 283
1 946
6,337
2,004
7,788
1,017
6,771
1,983
8,742
1 382
7,360
1 956
9,008
1 489
7,519
1 914
6,600
1 631
4,969
1 891
7, 152
1 504
5*648
81. 794
81. 794
82. 062
80. 465
78. 395
78. 135
77. 785
77. 792
77. 183
77. 272
76. 759
v 76. 280
154. 154
153. 970
153. 542
152. 133
148. 779
148. 473
147. 821
146. 412
145. 800
563
760
361
836
758
2,094
2,110
70. 830
70. 100
3, 000
13, 350
3 300
3 500
6,350
2 700
13 000
3 700
3 100
7, 050
72 917
40, 867
87 730
84, 993
88, 885
86 426
35 800
100 475
93 729
95, 631
573
365
518
527
558
2,103
375
467
548
2,024
71. 460
72. 520
4 000
13 250
3 700
3 350
7, 300
3 950
13 350
3 600
3' 375
7, 500
74 843
32 296
86 462
80 601
101, 492
62 525
29 630
70 985
65* 903
106, 574
319
621
605
528
394
503
509
725
680
648
2,018
1,979
1,972
73 380
73 380
74 190
74 610
4 250
13 750
4 300
3 8r)0
8, 100
3 475
Id. 025
3 700
3 150
S 650
3 950
14 150
3 750
3 350
9 150
4
13
4
3
9
3
13
3
3
9
80 671
33 573
87 010
78 490
115, 094
73 683
37 624
74 467
69 632
119, 929
99 442
50' 514
72 561
77 471
111,676
430
676
701
676
433
715
722
451
577
591
2,004
126. 151 ••125.538 P123. 090
r
146. 794 '145.224 pl45. 220
683
687
643
439
656
674
1,998
1,979
381
782
775
1,986
74 120
72 370
r 70 500
4
14
3
3
8
050
300
"5
725
950
4 200
14' 950
3' 150
3 800
8 350
5 150
14 250
4 100
4 700
8'050
3 350
15 300
3 850
3 000
8 850
68 168
52 102
74 897
74 478
103, 134
69 516
47 896
73 581
73 722
101, 770
77 597
44 113
81 533
81 380
101. 923
70 080
41 516
74 516
75 681
100, 758
430
707
679
391
701
664
2 023
P
68 820
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month..
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month
M bd ft
do
do
do
.do . _
do
do
do
do
do
T
Revised.
P Preliminary.
9 Revisions for production for January 1955-July 1956 will be shown later.
^Revisions for January 1954-July 1956 are shown on p. 24 of this SURVEY.
000
850
200
750
550
88 980
57 087
77 730
Si' 707
106, 162
750
950
450
700
300
86 019
55 680
83 610
84 113
103, 814
"
SURVEY OF CURRENT BUSINESS
S-32
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
October
August September
LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :
Shipments (market), quarterly total
M sq. ft., surface measure- 188, 529
Inventories (for sale), end of quarter
do
39, 186
Softwood (Douglas fir or.lv), production
M sq. ft., %" equivalent.. 411,981
212, 701
51, 087
493, 563
44, 773
506, 066
196, 022
39, 232
439, 595
405, 013
404, 061
186, 936
38 693
467, 882
450, 513
425 854 1 314 350 1 283 605 1 211 497 1,163,485 1,116,940
799, 983 667 859 671, 916 502 030 490, 930 575, 032
188 476 180 119 187 645 161 607 216 489 197, 862
22, 904
15 644
18, 042
14, 645
11, 267
8 295
587, 212
473, 105
505, 074
466, 993
412, 559
512, 401
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports total©
short tons
Scrap
do
Imports, total 0
do
Scrap
do
956, 037 1,203,088
523, 006 660, 893
298 031 225 521
28, 753
25, 607
023 053 1 027,568
546, 694 619, 576
213 757 184 434
20, 741
19, 571
,046,440
951 028
587, 542
178 944
25, 024
144,252
687, 642
255 122
24, 788
6 733
3 755
2 978
6,979
6, 786
7 664
4,162
3 502
7,529
6,923
7 108
3,941
3 167
7,063
6,958
7 475
3,970
3 505
7,017
7,416
7 320
4 070
3 251
7,427
7,312
6 741
3,744
2 997
6,763
7,306
7 110
3 959
3 151
7,049
7,361
6 524
3 764
2 759
6,514
7,376
6 376
3,849
2 526
6,444
7,307
6 0*6
3 628
2 458
6 082
7,309
6 040
3,489
2 551
5,485
7,866
13 404
13 512
7,716
13 852
14, 305
7,263
8 351
10, 288
5,327
4 837
4,448
5.699
3 841
1 901
7,649
3 560
1,817
9,398
3 717
1,855
11,254
6 677
5 581
12, 390
12 587
13, 393
11, 543
14 440
16 074
9,914
14 303
15 886
8,322
14 370
15, 187
7,504
12, 745
7, 217
41 213
37, 376
3 837
12, 628
7.556
47 483
43, 235
4,248
8,801
7,485
50 537
45, 947
4,591
1, 580
7,840
45 508
41, 231
4 277
0
7,892
37 484
33, 580
3 905
0
7,099
30, 110
26, 817
3,293
0
7,602
21 941
19. 672
2 270
3,987
7,158
17 167
15, 170
1 9P6
12, 728
7,375
22 712
20, 266
2 446
13, 597
6 931
29 570
26 823
2 747
14,212
7, 157
37 148
33, 975
3 173
13,172
7,039
43, 951
40, 380
3 571
3 537
65
3,899
103
2,606
65
1,610
99
1, 692
95
1,359
89
1,458
90
1,801
90
3, 187
88
3 626
108
4,403
98
3,933
95
1 037
1,110
649
996
1,275
734
917
1,176
635
920
1, 109
587
905
1,213
642
931
1,103
582
935
1,133
604
899
1,120
611
880
1,112
625
853
1,058
599
880
954
523
826
1, 076
597
92, 553
69, 380
41, 902
92, 734
81, 528
50. 219
89, 977
82, 717
47, 979
92, 311
76, 352
44, 268
93, 886
85, 977
51, 508
90, 725
78, 028
46, 729
89, 431
78, 013
48,311
83, 116
80, 271
51, 320
79, 787
76, 504
46, 277
76, 331
72, 556
44, 639
6, 934
6 780
7,316
7,224
7, 037
6,986
7, 336
7, 164
7. 282
7,260
6, 658
6, 563
7,247
6,894
6,871
6 559
6, 945
6,567
6,660
6 353
6,692
6,226
6,628
6,782
' 6, 462 v 6, 324
2 396
2,380
2,308
2, 355
2,268
2,241
2,439
2,524
2,711
2,791
3,224
r
62.45
62 50
63.00
62.45
62.50
63.00
62. 45
62. 50
63.00
62. 45
62.50
63. 00
62. 45
62. 50
63.00
62. 45
62.50
63.00
63.84
64. 50
65.00
64.05
64.50
65.00
64.05
64. 50
65.00
64. 05
64. 50
65.00
65. 23
64.50
66.50
175, 630
135, 798
34, 762
164, 114
126, 900
28, 284
158, 725
125, 569
34, 080
169, 240
133, 826
30, 090
154, 932
121, 667
27, 181
160, 054
124, 416
29, 968
162, 498
124, 549
29, 708
164, 575
125, 431
32, 840
153, 647
119, 353
31, 338
122, 018
90, 037
22, 803
538. 7
148.3
110 8
37.5
553.4
134. 5
100.3
34.2
537.9
129.6
96.3
33.3
536.9
147.7
113.0
34.7
532. 9
135. 0
102.2
32.8
517.0
145.8
107.9
37.9
496.9
139.0
103.4
35.6
479.2
135.3
100.8
34.5
445.1
128.5
92.9
35.5
430.7
104.1
79.1
25.0
417.5
115.4
88.4
27.0
11, 049
101
10, 556
100
10, 838
99
11, 009
97
9,987
98
10, 589
93
9,815
90
9,792
86
9,391
86
8,909
79
9,234
82
82
81
.0627
.0626
.0628
.0629
.0632
.0633
.0633
.0635
.0635
.0677
.0677
.0677
.0677
84.00
.0527
84.00
.0527
84.00
.0527
84.00
.0553
89.00
.0567
89.00
.0567
89.00
.0567
89.00
.0567
89.00
.0567
92.50
.0594
92.50
.0594
p 92. 50
55.50
62.50
66.50
62.50
53.50
50.50
41.50
44.50
56.50
55.50
55. 50
p 49. 50
2,444
2,179
68
2,326
2,160
78
2,285
2,207
77
2,351
2,124
71
2,156
2,050
86
2,109
323, 791
178, 913
144, 878
267, 700
1,393
29, 712
506, 425
335, 566
170, 859
446, 336
1,443
29, 068
338, 575
175, 847
162, 728
280, 919
1,465
28, 713
360, 530
203, 957
156, 573
308, 197
1.382
28, 791
Iron and Steel Scrap
Production and receipts total thous of short
Home scrap produced
Purchased scrap received (net)
Consumption, total
Stocks, consumers', end of month
tons
do
do
do
do
Ore
Iron ore:
All districts:
IVIine production
thous of long tons
Shipments
do
J
Stocks, at mines, end of month
do
Lake Superior district (U. S. and Canadian ores) :
Shipments from upper lake ports
do
Consumption by furnaces
do
Stocks end of month total
do
At furnaces
do
On Lake Erie docks
do
Imports
Manganese ore, imports (manganese content)
do
do
r
6, 463
3,743
2,720
5, 935
r 8, 393
r
P
v
p
p
p
6, 140
3, 576
2, 564
5, 638
8, 895
11, 806
6,792
11,005
49, 464
45, 323
4,141
Pig Iron and Iron Manufactures
Castings, gray iron:
Orders, unfilled, for sale, end of month
thous of short tons
Shipments, total
do
For sale
do
Castings, malleable iron:
Orders unfilled for sale end of mo
short tons
Shipments, total
do
For sale
do
Pig iron:
Production
thous. of short tons
Consumption
do
Stocks (consumers' and suppliers'), end of month
thous of short tons
Prices, wholesale:
Composite _
_
dol. per long ton.
Basic (furnace)
do
Foundry No 2 Northern
do
p988
84, 876
80, 694
57, 748 ' 65, 426 p 62, 710
39, 644
34, 876
3, 457
P 3, 632
65.95
66. CO
65.95
P66.00
66.50
p 66. 50
65.95
Steel, Crude and Semimanufactures
Steel castings:
155, 046
Shipments total
short tons
121, 705
For sale total
do
33 496
Railway specialties
do
Steel forgings (for sale) :
619.9
Orders unfilled end of mo
thous of short tons
121.5
Shipments total
do
88 2
Drop and upset
do
33.3
Press and open hammer
do
Steel ingots and steel for castings:
10, 423
Production
_ _ _ __ _ d o
99
Percent of capacity cf
Prices, wholesale:
.0627
Composite, finished steel
dol. per lb__
Steel billets, rerolling, carbon, f. o. b. mill
dol per short ton
84 00
.0527
Structural shapes (carbon), f o b mill dol per Ib
Steel scrap, No. 1, heavy melting (Pittsburgh)
58.50
dol per long ton
r
145,926 pl38, 930
111, 080
33,641
396.9
116.9
86.3
30.6
' 8, 978 P 9, 195
p. 0594
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale) :
2,346
1,708
2,511
2,070
1,895
2 126
Orders unfilled end of month
thousands
2,050
1,874
2,166
1,914
1,731
1,878
Shipments
do
62
69
62
77
62
61
Stocks, end of month
do
Cans, metal, shipments (in terms of steel consumed),
533 261 516, 540 265, 169 267, 144 314, 488 280, 395
total for sale and own use
short tons
392, 158 352, 673 154, 249 153, 092 183, 293 161, 659
Food
do
141, 103 163, 867 110, 920 114,052 131, 195 118, 736
Nonfood
do
458, 039 453, 970 219, 267 221, 290 262, 984 234, 194
Shipments for sale
do
1,403
1,251
1,280
1,685
1,436
°1 368
Closures (for glass containers) production
millions
22, 724
24, 091
16, 941
16, 706
21, 289
Crowns, production
thousand gross. . 18, 883
r Revised.
p Preliminary.
©Revisions for January-July 1956 are available upon request.
cT'For 1957, percent of capacity is calculated on annual capacity as of Jan. 1, 1957, of 133,459,150 tons of steel;
« Revision for August 1956, 1,589 million.
2,052
79
452, 994 ' 546,228 495, 903
271, 056 369, 117 346, 941
181, 938 ' 177,111 148, 962
404, 235 r 488,184 430, 371
1,483
1,371
1,571
27,684
31, 041 31, 914
for 1956, data are based on capacity as of Jan. 1, 1956 (128,363,090 tons;
SURVEY OF CUEEENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-33
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments:
Total (all grades)
thous of short tons
Semifinished products
do
Structural shapes (heavy), steel piling
do
Plates
_
do
7,058
367
543
747
7,931
400
600
796
7,431
390
569
775
7,064
399
564
607
7,809
380
573
777
7,067
360
583
763
7,822
437
668
881
7,350
358
631
876
6,972
403
659
918
7,285
491
630
870
5,877
273
634
792
6,230
272
636
732
6,172
261
597
778
Rails and accessories
Bars and tool steel, total
Bars: Hot rolled (incl. light shapes)
Reinforcing
Cold
finished,
_
do
_ _ do __
do
do. __
do
211
1,124
756
234
125
215
1,262
849
250
152
197
1,218
820
250
139
214
1,166
788
240
129
224
1,180
802
224
144
208
1,085
713
235
127
232
1,145
768
240
128
232
1,030
687
216
118
242
1,005
692
188
114
226
1,046
689
233
116
192
752
489
172
84
174
862
569
188
97
90
836
545
182
101
Pipe a n d tubing
_ _ _ _ _ _
Wire and wire products
Tin mill products (incl. black plate)
Sheets and strip (incl. electrical), total
Sheets: Hot rolled
_
Cold rolled
_do
do
do
do
_ do
do
831
342
539
2,353
705
1,046
990
348
588
2,733
840
1,211
931
298
451
2,602
802
1,189
915
263
406
2,532
826
1,130
1,039
314
649
2,674
847
1,232
905
287
529
2,347
731
1,083
1,034
312
809
2,302
753
1,026
974
304
875
2,070
680
907
1,020
327
350
2,049
656
895
998
388
391
2,244
716
984
859
218
460
1,698
531
791
914
250
494
1,895
550
900
860
250
417
2,011
579
979
246
241
3,108
291
288
3,215
339
276
3,252
404
298
3,373
298
262
3,476
266
278
3,436
289
305
3,454
360
314
3,417
292
330
3,417
220
329
3,220
203
304
3,138
167
333
2,962
194
295
2,846
135, 706
32, 948
139, 152
30, 674
145, 174
32, 886
138, 007
30, 341
142, 041
31, 976
143, 449
129, 278
23, 068
1,774
.2710
21, 832
1, 364
.2710
20, 001
1,420
.2710
21, 222
1,312
.2710
15, 768
1,545
.2710
14, 183
1,817
.2810
.2810
343.9
229.8
120.1
74.5
338.9
238.2
126.8
68.3
342.8
249.0
130.0
65.1
320.8
227.4
117.1
58.5
' 370. 0
r 249. 0
r
130. 6
'52.2
298.8
223.7
117.8
55.7
95, 167
128, 046
92, 103
35, 943
19, 372
94, 443
130, 943
92, 532
38, 411
20, 178
93, 274
133, 062
98, 958
34, 104
22, 661
90, 320
115, 660
88, 091
27, 569
19, 999
Fabricated structural steel:
Orders, new (net)
Shipments
__ _ _
Backlog, end of month
_
thous of short tons
do
do
NONFERROUS METALS AND PRODUCTS
Aluminum:
132, 316 149, 125 145, 081 148, 391 147, 029 119, 059
Production, primary, domestic
short tons
Estimated recovery from scrap©
do
28, 131 34, 997
33, 520
28, 164
32, 571
30, 471
Imports (general):
Metal and alloys, crude
do
17, 244
23, 097
19, 885
21, 478
17, 577
18, 648
Plates, sheets, etc
do
1,252
1,265
1,490
1,361
1,682
1, 798
. 2710
.2710
. 2710
Price, primary ingot, 99%+
-dol. per Ib
.2710
.2710
.2710
Aluminum shipments:
Mill products and pig and ingot (net)
mil. of lb__
330.4
361.9
281.4
318.9
307.7
306.5
Mill products, total
do
217.4
206.4
234.8
218.3
252.9
194.8
Plate and sheet.
__ _ _
do
126.0
136.5
117.1
99.9
114.6
109.8
73.4
61.9
73.0
CastingsA
-do
69.5
67.0
69.1
Copper:
Production:
Mine, recoverable copperA
short tons * 85, 795 r 94, 400 ' 90, 455 ' 90, 427 93, 210
90, 256
Refinery, primary. _ _ _ _ _ _ _ _ _ _ _ _ _do
108, 789 125, 204 121, 334 123, 197 137, 362 114, 263
From domestic ores
do
93, 542
82, 727
84, 899
98, 401 83, 239
89, 277
From foreign ores
do
26, 062
SL, 662
38, 961 31, 024
38, 298
32, 057
Secondary, recovered as refined
do
17, 383
20, 492
15, 808
19, 821
22, 171
16, 597
Imports (general):
Refined, unrefined, scrap©
do
Refined
do
Exports:
Refined, scrap, brass and bronze ingots.-. __do _ _
Refined
do
84, 757 r 87, 038
109, 296 109, 791
83, 275 80, 754
29, 037
26, 021
16, 932
15, 883
47, 882
13, 697
63, 686
15, 016
41, 652
14, 345
60, 226
14, 970
58, 502
13, 496
43, 088
14, 190
55, 338
16, 155
58, 292
11, 815
48, 377
19, 687
40, 963
9,416
53, 594
14, 386
47, 899
10, 212
27, 556
22, 305
29, 312
21, 213
25, 165
17, 836
49, 408
39, 786
43, 298
30, 124
40, 981
29, 769
57, 151
41, 376
50, 077
32, 315
44, 775
28, 479
47, 268
31, 954
34, 519
24, 420
28, 135
23, 435
Consumption, refined (by mills, etc.) __ _
do
115, 204 132, 256 116, 119 112, 119 132, 754 112, 335 116, 700
Stocks, refined, end of month, total
do
218, 596 221, 978 238, 901 237, 157 228, 268 237, 583 249, 583
Fabricators'
do
132, 407 121. 855 127, 544 121, 842 112, 696 101, 822 110, 196
Price, bars, electrolytic (N. Y.)
dol. perlb__
.3862
.3553
.3960
.3565
.3570
.3145
.3258
Copper-base mill and foundry products, shipments
(quarterly) :
Brass mill products.. _ _ _ _
mil. oflb461
505
506
Copper wire mill products©
_ do
363
405
409
Brass and bronze foundry products
_do
216
225
235
Lead:
Production:
Mine, recoverable lead
short tons
31,520
27, 415
28, 503
30, 229
27, 109
29, 136
30, 865
35, 356
Secondary, estimated recoverable©
do
38, 650
34, 391 34, 498
36, 009
38, 283
38, 483
32, 741
Imports (general), ore©, metal
_ do _ _
42, 145
41, 541
54, 063
56, 095
33, 527
38, 830
Consumption, total _ ___ __
_ do
95, 000 110, 100 101, 000
89, 700 101, 400
94, 400
97, 400
Stocks, end of month:
Producers', ore, base bullion, and in process©
(ABMS)
short tons
126, 274 119, 141 121, 051 118, 078 120, 975 123, 276 126, 053
Refiners' (primary), refined and antimonial©
short tons__ 38, 650
40, 398
39, 129
35, 196
44, 833
40, 559
39, 846
Consumers', total_
do
119, 773 112, 753 102, 688 r 115, 865 118, 124 117, 554 119, 375
Scrap (lead-base, purchased), all consumers__do
52, 129
58, 991
59, 111
55, 465
57, 020
49, 716
56, 535
Price, pig, desilverized (N. Y.)
dol. per Ib
.1600
.1600
.1600
.1600
.1600
.1600
.1600
Tin:
Production, pig (secondary) cf
long tons..
339
238
275
295
285
260
265
Imports (for consumption), bars, pigs, etc.. do _
6,615
4,835
5,894
3,964
6,285
4,746
5,231
Consumption, pig, total _ __ _
__do
7,410
8,420
8,000
7,270
7,995
7,400
7,140
Primary.
_
do
5,775
5,305
5,550
4,895
5,440
5,110
5,000
Exports, incl. reexports (metal)
do
112
90
16
120
99
243
26
Stocks, pig (industrial), end of month
__do
17, 640
18, 670
19, 029
18, 390
19, 135
18, 420
18, 190
Price, pig, Straits (N. Y.), prompt
dol. per lb_- 1. 0357
1. 0572
1. 1026
1. 0022
1. 0135
1. 0401
.9948
Zinc:
Mine production, recoverable zincA
short tons__ >• 42, 513 ' 49, 600 ' 46, 170 * 46, 445 49, 186
45, 847
50, 420
Imports (general) :
Ores and concentrates©
_. _. do_- _ 37, 960
46, 710
42, 189
45, 425
39, 827
41, 314
42, 296
Metal (slab, blocks)
do.— 26, 094
31, 079
46, 452
27, 580
27, 494
24, 288
22, 761
Slab zinc:
Production (primary smelter), from domestic and
foreign ores
_.
_ _ _ _ short tons
84, 583
85, 797
91, 496
85, 478
86, 748
89, 860
81, 237
Secondary (redistilled) production, total
do
5,652
7,696
6,704
6,330
6,841
7,064
6,738
Consumption, fabricators', total
do
80, 258
94, 777
82, 272
87, 224
90,490
80, 752
78, 384
Exports
do
952
657
413
1,091
496
503
987
Stocks, end of month:
Producers', smelter (AZI)
do
102, 165
88, 810
68, 622
70, 185
78, 974
86, 889
89, 357
Consumers'
do
95, 269
93, 896
97, 325 100, 665
90, 500
88, 232
89, 626
Price, prime Western (St. Louis)
dol. per lb_.1350
.1350
.1350
.1350
.1350
.1350
.1350
Zinc oxide (zinc content of ore consumed)
short tons_8,017
8,136
8,478
7,004
9,050
8,968
7,820
* Revised.
» Preliminary.
©Basic metal content.
ARevisions for aluminum castings (1955) and copper and zinc mine production (January-August 1956) will be shown
cfData in 1957 BUSINESS STATISTICS represent total production (both primary and secondary).
123, 973
243, 202
106, 576
.3152
122, 386
265, 432
113, 586
.3129
p85, 338
100, 265
74, 395
25, 870
14, 897
29, 965
27, 057
116, 567 v 81, 477 »112, 277 Pl08, 887
273, 863 *>305, 895 ^309, 422 P294, 077
109, 979 P120, 768 »120, 759 pl24, 479
.2644
.3033
.2810
.2869
T
26, 994 r 27, 496
33, 908
26, 670
41,013
43, 297
84, 200 101, 600
24, 359
134, 039
122, 340
116, 093
67, 296
92, 601
45, 063
.1400
60, 029
96, 624
44, 548
.1400
.1400
266
3,748
6,820
4,555
26
19, 200
.9802
212
6,388
6,470
4,345
165
21, 315
9,646
271
5,171
7,220
4,835
116
21, 950
.9415
46, 060
44, 521
41, 849 ' 41, 319 » 33, 688
45, 630
30, 037
47, 619
20, 376
41, 633
23, 406
36, 709
21, 899
41, 048
22, 568
89, 791
6,715
77, 489
1,201
90, 032
6,823
75, 909
877
84, 009
6,710
73, 464
822
80, 577
5,202
65, 123
3,769
78, 845
5,321
74, 562
789
105, 531
84, 648
.1350
112, 693
71, 124
.1192
6,552
7,833
29, 855
36, 750
34, 382
94, 000
26, 717
32, 672
48, 064
90, 800
121, 691
117, 022
120, 706
49, 348
112, 953
45, 647
.1600
54, 941
106, 728
46, 295
.1539
64, 065
99, 652
41, 762
.1432
295
4,427
7,590
5,060
260
18, 625
.9930
261
6,223
7,305
4,840
30
19, 445
.9832
50, 755
later.
7,599
8,630
.1369
276
6,660
4,385
105
23, 800
.9331
.9184
72, 767
446
133, 455 146, 179 149, 296 153, 766
70, 632 ••72,288 ' 74, 133
.1136
.1000
.1000
.1001
7,243
.2634
p443
^368
P208
517
409
229
30, 915
37, 570
41, 855
94, 900
.2810
6,554
155, 925
.1000
SUEVEY OF CUREENT BUSINESS
S-34
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
July
June
October
August September
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
3,089
Shipments
thous of sq ft of radiation
Stocks, end of month
_ _ _
_ _
do
5,277
Oil burners:
97, 746
Shipments
__
_ _ _ _ _ _ ...number
Stocks, end of month _ ___ _
_
_do
51, 778
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total,
_
_number . 204, 446
5,789
Coal and wood
do
Gas (in cl. bungalow and combination). __ do _. 190, 984
7,673
Kerosene, gasoline, and fuel oil
do
Stoves, domestic heating, shipments, total®
Coal and wood
Gas©
Kerosene gasoline and fuel oil
do
do
do
do
Warm-air furnaces f forced-air and gravity air-flow),
shipments, total©
number
Gas
do
Oil
do
Solid fuel
do
Water heaters, gas shipments
do
3,719
4,263
2,589
4,074
1, 756
' 3, 810
1,712
4,139
1,797
4,362
1,803
4,750
1,723
4,887
1,507
5,435
2,230
5,163
1,769
4,745
2,123
4,896
94, 910
48, 903
64, 881
50, 162
38, 729
50, 329
45, 933
54, 460
42, 772
52, 345
43, 619
62, 532
46, 782
65, 070
46, 081
73, 106
54, 445
73, 228
51, 299
64, 102
65,606
61, 761
217, 898
6,536
202, 850
8,512
161, 070
5,537
149, 675
5,858
134, 878
4,387
125, 139
5,352
146, 360
4,178
136, 248
5, 934
160, 792
4,716
149, 126
6,950
178, 695
4,000
163, 668
11, 027
164, 877
4,716
153, 207
6,954
152, 657
4,669
140, 339
7,649
146, 449
4, 757
136, 036
5,656
133, 939
3,908
124, 151
5,880
179, 375
4,497
165, 600
9,278
91, 540
10,537
62, 144
18, 859
89, 855
6, 379
56, 564
26, 912
90, 716
8,021
55, 660
27, 035
105, 041
9,870
54, Oil
41, 160
103,585
14, 232
55, 323
34, 030
143, 356
17, 406
78, 250
47, 700
161, 121
22, 674
106, 523
31, 924
228, 241
30, 686
141, 644
55, 911
297, 206
38, 676
187, 472
71, 058
76, 426
47, 479
21, 201
2, 625
153, 198
75, 731
49, 228
23, 737
2, 766
209, 953
66, 838
43, 708
20, 870
2, 260
202, 173
74, 608
51, 030
21, 540
2, 038
221, 764
74, 084
50, 125
21. 793
2, 166
232, 705
73, 906
50, 208
21, 946
1, 752
228, 198
84, 651
56, 579
25, 527
2,545
205, 838
85, 681
57, 773
24, 450
3,458
188, 082
114, 756
71, 874
37, 896
4,986
205, 503
r
«• 368, 599 r 407, 592 r 259, 499
30, 905
58, 212
63, 483
r 21 6, 444 ••248,517 '"177,788
50, 806
93, 943
95, 592
r
165, 585
94, 845
51, 638
8 026
217, 277
r
r
r
142, 878 r 106. 685
81 462
62 987
32, 303
45, 118
4 253
6 741
225, 632 182, 266
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans new orders
thous of dol
Unit-heater group, new orders
do
Foundry equipment (new), new orders, net
mo avg shipments 1947—49 — 100
Furnaces, industrial, new orders, net:
Electric processing
thous of dol
Fuel-fired (except for hot rolling steel)
do
56, 595
21, 717
59, 162
18, 792
49, 246
20, 543
54, 275
21, 032
114 7
122 2
121 0
115 6
117 9
188 4
127 0
101 1
136.2
187.5
98.6
231.3
1,410
1,007
2,131
5,447
1,587
1 767
2, 095
2,943
2,062
4,581
4,441
3,429
1,809
6,794
1,089
1,665
1,279
2,048
1,261
1,320
1,487
2,404
894
2,673
727
1,229
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (gasoline-powered) , shipments
number
577
442
682
491
565
501
521
442
602
480
559
385
583
411
606
455
618
429
536
433
611
420
354
242
476
302
2,141
2,191
2,206
1,977
1, 837
1,610
1,909
1,941
1,737
1,869
1,651
1,926
1,661
Machine tocls (metal-cutting):
New orders (net), total
Domestic
Shipments total
Domestic
Estimated backlog
78.45
68.80
71.10
65. 40
7.7
66.10
57. 55
89 75
79. 85
7 2
64. 25
58.70
81.70
73.60
6 7
57. 20
51. 90
85. 15
75. 05
6.2
63. 25
56. 30
76.55
67.55
6.0
58. 20
51. 10
77. 70
72.05
5.8
58. 90*
51. 30
89.10
78.80
5.5
51.30
45.70
87.80
77.65
5.0
41.40
37.95
78.50
70.90
4.6
43.10
40.05
82.95
72.85
4.2
55. 50
50.50
58.70
51.50
4.2
' 44. 50
'r 40. 40
63. 20
r
58. 00
M.O
mil. of dol
do
do
do
months
Other machinery and equipment, quarterly shipments:
Construction machinery (excavating and earthmoving) ©
thous of dol
Farm machines and equipment (selected products,
excluding tractors) d"
thous of dol
Tractors (except garden), total, incl. contractors'
off -highway wheel-type tractors 9®
units. .
Value 9 ©
thous of del
Tracklaving©
units
Value©
thous of dol
"Wheel-type (exc contractors* off-highway) units
Value
thous of dol
Pumps (steam, power, centrifugal, and rotary), new
orders
thous of dol
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousands
Household electrical appliances:
Refrigeration output (seas adi )
1947 49 — 100
Vacuum cleaners (standard type), sales billed
W
"h
-
1
t'
1
h'll rlA
rl
Radio sets, production^. _
_ ___
__ _ _do
Television sets (incl combination), prod. §
do
Insulating materials and related products:
Insulating materials, sales billed, index
1947 49 — 100
Vulcanized fiber products:©
Consumption of fiber paper
thous. of Ib
Steel conduit (rigid) shipments
thou^ of ft
Motors and generators, quarterly:
New orders index
1947-49—100
Polyphase induction motors, 1-200 hp:t
Now orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:K
New orders
thous of dol
B illings
do
r
81 455
70 266
81, 189
86, 352
159,625
94, 748
180, 828
208, 630
56, 354
210,983
12 682
109,675
42 243
75 052
54, 349
203,703
11, 694
103,474
41, 574
80 039
87, 023
277, 945
12, 867
119, 137
72, 643
130, 208
77, 781
261, 232 1
2, 906
11, 390
105, 306 i1 29, 772
64, 638 1 15, 550
28, 449
121, 049
8 436
9 188
8 522
6.838
9,601
7,551
7,654
7,801
7,786
8,228
7,143
2 711
3 015
2 592
2 265
2,638
1,961
1, 254
1,178
1,605
1,878
2,469
136
138
135
140
312 7
281 6
300 9
319 6
286 2
230.7
1, 264. 8 2 1,2 609.1 1,115.8
361.2
559. 8
464.7
231.2
254. 2
1, 023. 8
342. 4
207 3
282.3
1,088.3
2
543. 8
218 3
335. 1
612.6
360.7
159
320 3
402 6
^ 1,319. 2
2 894. 2
132
15!
136
372 o
300 4
357 q
449 4
1, 348. 9 1,381.8
680.0
820.8
2
281 0
298 4
1,715. 2
2 627. 0
127
276 7
331 3
1, 085. 5
450.2
151
151
2
1
1
1
1
2, 696
29,219
14, 698
26, 929
r
6,982
6,177
2, 856
2,692
140
146
241.2
302 9
329.1 2 384.3
965.7 'r 1,610.7
p 1,576. 5
673.7 2 832. 6 * 655. 9
141 0
163 0
149 0
139 0
154 0
146 0
153 0
145 0
148.0
140.0
127.0
134 0
4,158
1 694
28 700
4,674
1 956
31 596
4,240
1 812
31 156
4, 464
] 784
33 318
4,824
2 017
32, 913
4,302
1,917
33, 684
4, 387
1,841
40, 916
4,306
1,799
25, 303
4,671
1,983
30, 410
3,498
1,488
45, 257
3.484
1.646
54, 636
4,184
1,605
36, 657
228 0
203.0
209.0
189.0
55 187
57, 156
50, 155
51, 859
49, 467
49, 717
49, 188
52, 321
12 136
10 815
10 645
13, 293
14, 947
13, 124
8.317
11, 740
1
15, 085
1
4, 253
P 28. 85
P 25. 10
P 64. 60
* 58. 35
»3. 7
1
3,748
1,640
32, 492
14, 150 i 15, 405
i 2, 466
1
1, 906
1
2
Revised.
v Preliminary.
Data are for month shown.
Represents 5 weeks' production.
©Revisions for gas heating stoves (1954, 1955, and January-August 1958), total warm-air furnaces (1955 and January-August 1956), construction machinery (1st and 2d quarters of 1956) and
tractors (1955 and 1st and 2d quarters of 1956) will be shown later.
cf Not strictly comparable with data shown in the 1957 edition cf BUSINESS STATISTICS. Data exclude shipments of farm elevators and blowers; shipments of these products averaged
$8.5 million and $11.0 million per quarter in the first 3 quarters of 1956 and 1955, respectively.
9 Includes data not shown separately.
©Data cover one additional company beginning December 1956.
AData beginning January 1957 exclude sales of combination washer-dryer machines. In 1956, such sales totaled 102,400 units; 1957 cumulative sales through September were 132,600 units.
§Radio production comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for September and December 1956 and March,
June, and September 1957 cover 5 weeks; other months, 4 weeks.
1 Data for polyphase induction motors cover from 28 to 32 companies; for direct current motors and generators, from 20 to 25 companies.
SURVEY OF CUERENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
S-35
1957
January
February
March
April
May
June
October
August September
July
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production.
thous. of short tons. _ « r 2, 509
°519
Stocks in producers' storage yards, end of mo do
Exports
do
680
Prices:
26 23
Retail, composite
dol per short ton
13. 055
Wholesale, chestnut, f. o b car at mine
do
Bituminous:
Production
thous. of short tons
40, 187
Industrial consumption and retail deliveries, total
33, 230
thons of ^hort tons
Industrial consumption total
clo
30 035
Electric-power utilities
do
12 175
Coke ovens
do
8 915
Beehive coke ovens
do
248
Steel and rolling mills
do
358
Cement mills
do
720
Other industrials
do
6 645
Railroads (class I)
Bunker fuel (foreigr trade)
.
Retail-dealer deliveries
' 2, 629
388
659
364
488
27 15
13. 755
27 87
14. 490
r
2, 342
342
658
28 99
15. 575
2,639
2,083
1,807
2,048
2,306
2,564
1,486
281
466
308
289
29 41
15. 575
29 41
15 575
29 43
15. 575
29 21
13. 671
27 58
13. 671
27.58
13. 671
27.98
14. 036
264
469
288
305
365
363
385
362
323
310
2,306
394
449
r
r
' 2, 185
516
477
47, 869
44, 209
39, 410
44, 025
39, 410
42, 510
41, 670
42, 580
39, 270
34, 620
36, 269
3? 748
13, 225
Q 266
37, 110
33 462
13, 751
8 979
38, 953
34 980
14, 431
9 383
42, 810
37 037
15, 669
9 372
35, 992
31 778
12 937
8 476
37, 281
33 703
1 3, 565
9 397
33, 369
30 750
12, 237
8 812
32, 208
80 534
1 2, 322
9 130
30, 770
29 268
12, 210
8 782
30, 810 '
32, 888 32, 302
29, 759
29 280 r 30 769
12, 469
12, 443
13, 034
9 033
8 751
9 043
224
»-249
229
7 695
8 072
8.427
9,194
7 953
8,192
7,430
6 925
6 392
6,149
614
57
621
56
304
437
753
337
457
786
360
523
792
418
593
809
405
481
718
429
475
773
352
415
737
308
386
724
257
310
646
43, 030
307
442
309
40, 750
6,577
671
50
619
45
2 119
2 543
1,008
1,019
1,037
27
978
4
802
6
865
7
729
38
685
54
do
3 195
3 521
3 648
3 973
5,773
4 214
3 578
2 619
1 674
76, 026
« 74, 954
44, 564
« 13, 522
78, 897
77, 706
46, 434
14 006
78, 976
77, 806
46, 726
14, 093
78, 008
76, 886
45, 956
13 894
72, 973
72, 135
43, 409
12, 796
71 , 307
70, 501
42, 262
12 801
71, 956
71, 320
42, 806
13 254
73, 335
72, 684
43, 984
13 285
76, 082
75, 324
45, 877
13 903
78, 271
77, 369
47, 592
13 978
75, 048 r 77, 662
74, 106 r 76, 672
47, 508 r 49, 085
12 504
11, 717
1,406
14, 022
1,549
14, 190
1,612
13, 963
832
1,377
13, 245
1 272
12, 887
1 212
12, 848
1,231
12, 976
1,287
13, 041
1,306
13, 132
1,342
12, 357
918
1,576
14, 061
654
664
1,072
1,191
1,170
1,122
838
806
636
651
758
902
942
990
1,010
6,453
6,650
6,312
5,070
4,539
4,758
6,295
7,455
7,605
7,816
7,300
7,446
6,542
15 74
16.04
16.27
16.26
16 31
16 31
16 32
16.26
15 94
15.96
16.07
16 14
16.38
5.091
7.120
5.426
7.546
5.432
7.604
5.433
7 630
5.467
7 641
5.467
7 641
5.465
7 484
5.596
7 135
5.603
7 095
5.601
7 166
5.599
7.282
225
r
255
6,604
r
248
5,966
6,207
r
137
6,364
508
515
' 180
6,451
155
6,632
2,096
1,793
2, 015
1,765
2,108
1,800
2, 154
1,758
2,260
1,766
2,296
1,743
2,423
1,781
do
Exports
do
Prices:
Retail, composite
dol. per short ton
Wholesale:
Screenings, indust. use, f. o. b. car at mine do
Large domestic sizes f o b car at mine do
COKE
Production:
Beehive
thous of short tons
Oven (byproduct)
do
Petroleum coke 9
do
Stocks, end of month:
Oven-coke plants, total
do
A t furnace plants
_ __ __ __ __ do
At merchant plants
do
Petroleum coke. _ _
_ _ _ _ _ _
do
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton_
a
524
916
609
152
185
6,303
6,561
519
2,811
2,304
507
336
68
14.50
505
2,584
2,107
477
308
49
61
580
206
6,332
519
2,442
2,003
439
312
63
539
860
6,620
549
2,326
1,924
402
264
57
511
797
572
303
292
78
491
788
250
337
61
499
701
263
308
369
73
521
687
215
6,221
521
396
345
64
550
666
592
494
372
71
1 502
634
727
559
553
394
77
r
1 530
517
665
519
642
400
66
553
r
1 371
12, 505
r
r
r
45, 550
320
754
'803
6 610
916
58
60
2,162
28.40
28 02
14, 105 v 14. 538
do
do
Stocks, industrial and retail dealers', end of month,
total
thous of short tons
Industrial, total
_
do
Electric-power utilities
do
Coke ovens
do
Steel and rolling mills
do
Cement mills
do
Other industrials
do
Railroads (class I)
do
Retail dealers
' 2, 971
79,813
78, 803
50, 488
13, 002
506
1,450
12, 693
5 597 P 5. 574
7 405 * 7 522
T
149
6, 369
6,160
2 545
1,829
2 600
1,816
15.25
562
716
401
87
14.50
14.50
15.00
15.00
15.19
15.25
15.25
15.25
15.25
15.25
15.25
2,611
215, 936
2,417
214, 174
2,335
228, 684
2, 667
231, 880
2,233
215 099
2,164
239 214
2,144
226 231
2, 590
230 696
1,991
213 202
2 181
213 052
2 823
210 379
136
783
81
15.25
PETROLEUM AND PRODUCTS
Crude petroleum:
2,245
Wells completed
number
211,616
Production
thous of bbl
94
Refinery operations
percent of capacity
Consumption (runs to stills)
_
thous. of bbl . 240, 708
Stocks, end of month:
278, 791
Gasoline-bearing in U. S., total
do
72, 749
A t refineries _ _ _ _ _ _
__ _ _ _ _
do
184, 895
At tank farms and in pipelines
do
21, 147
On leases
do
805
Exports
__
_
.do
29, 222
Imports
do
2.82
Price (Oklahoma-Kansas) at wells
dol. per bbl .
Refined petroleum products:
Fuel oil:
Production:
55, 354
Distillate fuel oil_ _
___ __ _thous. of bbL
Residual fuel oiL
_
do
31, 868
Domestic demand:
41, 088
Distillate fuel oil
do
Residual fuel o i l
_ _ _ _ _
_do _ _ 39, 452
Consumption by type of consumer:
5, 202
Electric-power plants
do
7,552
Railways (class I).
__ _ _
_ __do _
Vessels (bunker oil)
_ ___ _
do
6, 596
Stocks, end of month:
150, 411
Distillate fuel oil
_ do_
47, 342
Residual fuel oil
do
Exports:
2,170
Distillate fuel oil
do
1,734
Residual fuel oil
__ _ _
_ _ - _ _ do_ _
Prices, wholesale:
Distillate (N. Y. Harbor, No. 2 fuel)
dol. per gal _
.106
Residual (Okla., No. 6 fuel)
dol. per bbl__
2.00
Kerosene:
Production
__ _ _ _ _ _
thous. of bbl
9,872
Domestic demand
do
8 151
Stocks, e n d o f month _ _ _ _ _ _ _
_ _
do
33, 588
Exports
do
58
Price, wholesale, bulk lots (New York Harbor)
dol. per gal _
.111
87
93
93
94
91
90
87
90
88
89
90
235, 842
240, 944
252, 361
256, 485
226, 461
249, 445
232, 197
247, 760
236, 002
243, 412
250, 847
286, 560
75, 178
190, 081
21, 301
275, 995
70, 416
184,477
23 102
266, 014
71, 721
173, 278
21,015
256, 244
70, 324
164, 383
21 537
256, 344
70, 613
164, 538
21 193
254 911
70, 370
162 363
22 178
265, 796
74, 950
1 69, 247
21 599
275 963
76, 502
177 653
21 808
284 312
77, 210
184 168
22 934
288
75
190
22
283
75
185
22
1,444
35, 003
2.82
8,551
28, 993
2.82
10, 544
29, 377
2.82
7, 458
26, 5G8
2.82
7,909
23 621
3.07
14 100
27 669
3.07
9 147
28 537
3.07
3,703
33 466
3.07
1,745
33 119
3.07
1 197
41 418
3.07
41 149
3 07
54,917
33, 543
55, 245
35, 471
61,413
39, 922
65, 662
40, 990
56, 970
35 548
57, 680
37 351
52, 934
33 964
55, 444
34 196
53, 180
33 033
54, 236
33 776
55, 979
33 754
44, 254
45, 461
57. 854
50, 389
71, 394
54, 381
92 960
60. 868
65 815
50, 509
60 855
50, 220
45 991
47, 202
32 883
41,902
31 970
37, 801
31 120
38 190
33 674
39 380
6, 266
8,687
7,480
7,130
8,323
7,031
8,224
8,712
7,916
9 904
8, 861
7,999
6 963
7,994
6 938
6 570
8,421
8 791
6 474
7,940
8 205
6 314
7,648
8 183
6 238
7,250
7 737
5 510
7 659
7 976
5 790
7,906
8 345
158,871
48, 400
151,517
44 590
133,981
44 491
100, 572
38 403
85 105
36 201
76 245
37 371
78 743
37 429
98 060
41 036
117 364
45 572
138 359
49 621
159 124
52 645
2,645
1,343
5 213
2,282
7, 959
3,226
7 035
4, 110
7 634
3 466
6 956
3 853
4 761
3 494
3 699
2 933
2 313
2 544
2 643
2 516
2 447
2 332
.109
2.00
.109
2.00
.109
2.25
.109
2.45
119
.119
2.45
.119
2.35
114
2.45
2.35
.114
2.35
.109
2.15
2 05
11,044
8 714
35 667
11 508
12 360
34 329
11 735
14 114
31 420
9 874
12 153
21 013
659
11 384
17 946
24 019
1 059
10 307
10 ?91
20 2^3
8 520
6 747
21 512
7 617
3 826
2s' 872
930
579
8 440
4 327
25 374
373
378
7 718
4 948
31 713
7 804
4 828
34 576
.115
.115
.115
.115
.125
.125
.125
.120
.120
.114
.110
313
562
892
241
961
058
222
28
388
841
097
450
995
739
5 644
7 874
1 332
1 574
105
225
67
r
Revised.
p Preliminary.
9 Includes nonmarketable catalyst coke.
o Revisions for 1956 (thous. short tons): Anthracite—production for January-August, 2,743; 2,360; 2,052; 2,258; 1,947; 2,470; 1,890; 2,729; stocks for July, 334; bituminous (August)—stocks,
total industrial and retail dealers, 74,312; total industrial, 75,152; coke ovens, 13,369.
SUEVEY OF CURRENT BUSINESS
S-36
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemOctober NovemBUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
October
August September
June
July
4,246
3 037
10, 591
1,265
4,657
3 897
10, 313
981
4,704
3 717
10, 124
1 087
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
thous of bbl
Domestic demand
do
Stocks, refinery, end of month
do
Exports
do
Price, wholesale, bright stock (midcontinent, f. o. b.
Tulsa)
dol per gal
Motor fuel:
Gasoline (including aviation) :
Production, total
thous of bbl
Gasoline and naphtha from crude oil
do
Natural-gas liquids:
Used at refineries (incl benzol)
do
Used in ether gasoline blends etc
do
Domestic demand
Stocks, end of month:
Finished gasoline
At refineries
Unfinished gasoline
Natural-gas liquids
5,112
4 118
9,536
1 030
4 970
3 506
10 060
925
4 870
3 491
10 182
1 197
4,960
3 774
10, 412
919
4,334
3 382
10, 308
1 004
4 858
3 374
10, 428
1 312
5,124
3 653
10, 587
1 248
5,131
3 869
10, 710
1 074
.240
240
240
240
.240
255
255
255
255
.255
.255
.255
119, 721
105 676
116, 953
102 079
117, 398
102 635
125 199
109 792
123, 678
109 412
108, 205
95 114
118, 591
103 741
113, 098
98 775
120, 892
106 630
119, 521
104, 930
120, 506
106 393
127, 794
112, 116
11 399
2 646
13 455
1 419
13 145
1 618
13 764
1 643
12, 702
1 564
10, 974
2 117
12 296
2 554
11 836
2 487
12 158
2 104
11, 506
3,085
12, 414
1 699
13, 171
2 507
do
111 574
119 204
112 113
108 096
109 295
96 694
113 166
115 820
124 325
121, 598
130 251
128 808
do
do
do
do
167
86
10
23
161
82
11
24
163
85
11
22
174
96
12
20
654
081
617
559
184 942
106, 956
12 760
17 638
192 428
113, 355
12 842
17 661
193 540
109, 922
13 176
19 063
188 649
104, 636
12 758
20 742
183
99
12
24
064
869
030
818
177, 997
94, 597
12, 066
27, 259
166 654
88, 664
11 214
28 448
162 810
85, 468
11 221
29 092
Exports (motor fuel gasoline jet fuel)
do
Prices, gasoline:
Wholesale refinery (Okla group 3) dol per gal
Retail, service stations, 54 cities..
do
Aviation gasoline:
Production, total
thous. of bbl
100-octane and above
do
Stocks, end of month, total
do
100-octane and above
do
Jet fuel:
Production
do
Domestic demand
do
Stocks end of month
do
Asphalt:©
Production
do
Stocks refinery end of month
do
Wax:0
Production
do
Stocks refinery, end of month
do
Asphalt and tar products, shipments:
Asphalt roofing, total
thous of squares
Roll roofing and cap sheet:
Smooth surfaced
do
Mineral surfaced
do
Shingles all types
do
Asphalt sidings
Asphalt board products
Saturated felts
4,706
3 495
9,664
1 035
do
thous of sq ft
short tons
032
313
942
653
308
994
490
178
086
720
722
934
1 075
2 510
2 181
2 469
4 182
3 600
2 989
3 505
2 114
2 081
2,458
1 743
2 314
2 395
118
.217
115
.216
115
.215
115
.215
115
.227
125
.225
125
.220
125
.222
125
.222
.123
.222
116
.223
118
.223
.214
9,335
7 263
11, 681
6 880
9,413
7 630
11, 625
7 010
9,218
7 269
11, 781
7 362
9,596
7 340
12, 435
7 439
9,413
7, 788
12, 815
7,696
8,243
6 299
12, 918
7,438
9,611
7 999
12, 615
7,582
8,824
6 993
12, 397
7 285
9,573
7 289
13, 010
7 721
9,461
7,188
13, 085
7,873
9,862
7 682
12, 889
7 716
10, 176
7 834
13, 012
7 815
5 861
6 849
4 637
5 619
6 761
4,424
5 316
5 685
4 576
6 031
5 304
5 322
6,207
6 552
5,185
5,830
6 766
5,326
6,800
7 941
4,868
6,203
6 478
5,322
5 813
6 120
5 656
4,412
4,333
6,321
5 514
7 122
5 470
5,260
5 832
5,248
9,805
6 832
9,502
6 601
6 572
7 755
4 905
9 150
3, 918
10 381
3,909
11 314
5,496
12 972
6,538
14 606
8,303
15 160
9,012
14, 435
9,789
11 509
10, 505
9 970
441
608
450
605
446
611
477
658
460
661
376
632
499
670
473
707
468
706
421
728
446
706
430
658
5 564
5 987
3 898
2 165
3,895
4,142
3,342
4,449
3,998
4,558
5,433
5 917
5,467
994
1,416
3, 154
1,102
1,492
3,393
729
897
2,272
391
498
1,275
818
872
2,205
916
949
2,277
624
708
2,009
761
891
2,797
621
866
2,511
719
963
2,876
862
1,148
3,423
989
1,290
3,638
955
1,264
3,248
122
2,012
77, 292
145
1,773
83, 664
121
1,319
68, 259
66
655
50, 663
103
1,335
78, 270
91
1,144
79, 454
74
2,165
67, 375
80
1,843
78, 501
65
3,414
68, 191
76
2,088
70, 228
81
2,233
87, 652
101
2,019
111, 718
115
1,835
78, 464
PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
Consumption
Stocks end of month
Waste paper:
Receipts
Consumption
Stocks end of month
3 166
2 815
5 767
3 299
3,136
5 929
3 094
3,001
6 030
2 840
2,638
6 229
3,255
3,137
6,409
3,137
2,827
6,719
3,129
3,080
6,766
2,716
3,025
6,449
2,826
3,094
6,155
2,884
2,905
6,078
2,986
2,642
6,385
short tons
do
do
691, 112
691, 688
503 018
788, 644
772, 217
514 999
726, 934
718, 128
523 759
652, 625
637, 049
546 391
69§, 647
720, 736
519, 590
678, 028
680, 164
517, 109
720, 815
731, 369
506, 251
724, 292
725, 959
504, 557
734, 710
496, 039
689, 816
481, 179
613, 716
505, 401
723, 279
475, 135
715, 520
463, 835
WOOD PULP
Production:
Total all grades
thous of short tons
Dissolving and special alpha
do
Sulfate
do
Sulfite
do
1 728 7
76 6
950.7
197.8
1 940 7
79 9
1, 071. 5
238.0
1 856 5
81 7
1, 032. 0
215.9
1 672 6
72 7
920.0
200.8
1, 904. 6
82.6
1, 061. 0
226.9
1, 709. 8
83 6
915. 6
207.5
1, 893. 7
92.0
1, 037. 3
220.9
1, 840. 4
93.9
993.1
225.5
1, 900. 7
93.2
1, 052. 9
211.0
1, 776. 1
82.7
981.7
201.2
1, 590. 2
74.7
857.5
182. 3
1, 894. 9
80.1
1, 063. 2
210.2
1, 744. 1
78.8
969.5
192.1
243 3
95.4
164.9
262 8
100.3
188.2
255 4
89.4
182.1
231 5
78.0
169.4
262 6
90.1
181.5
244 0
91.2
167.8
267.2
96.7
179.6
263 6
95.4
168.8
264 3
95.6
183.6
248.2
96.3
166.0
232 0
88.3
155.5
251.3
100.4
189.8
227.4
96.5
179.6
885. 4
196 4
584.2
104 9
909.0
199.4
603.4
106.3
934.4
219.5
610.6
104 3
912.0
189.5
617.1
105.4
884.0
208.8
575.3
100.0
871.5
206.6
564.3
100.6
869.8
206.9
561.1
101.8
859.8
209.2
544.0
106.6
879.2
218.2
556.5
104.5
862.5
222.2
535.3
105.0
879.1
213 0
559.7
106 3
f 873. 0
' 213. 7
556.1
103.3
852.4
200.2
553.7
98.5
37.5
12.5
25.0
41.6
13.6
28.0
51.2
10.4
40.8
52.9
16.4
36.5
48.7
14.5
34.2
41.7
17.2
24.5
76.1
17.1
59.0
50.4
14.1
36.2
57.1
23.9
33.3
59.7
23.0
36.7
58.4
25.9
32.6
46.2
18.1
28. 1
48.7
26.0
22.7
183.7
Imports all grades total
do
11.0
Dissolving and special alpha
do
172.7
All other
do _._
r
Revised.
» Preliminary.
©Asphalt—5.5 bbl. = l short ton; wax—1 bbl. = 280 Ib.
213.1
10.1
203.0
190.4
13.3
177.1
177.1
11.0
166.2
178.1
12.2
165.9
186.1
9.9
176.2
173.9
13.5
160.4
168.6
11.8
156.8
176.5
10.0
166.5
163.3
11.5
151.8
173.7
11.4
162.3
184.3
9.2
175.0
thous of cords (128 cu ft )
do
do
_
Groundwood
do
Defibrated or exploded
do
Soda, semichem., screenings, damaged, etc do
Stocks, end of month:
Total, all mills
. .
do
Pulp mills
do
Paper and board mills
_
do
Nonpaper mills
do
Exports all grades total
Dissolving and special alpha
All other
do
do
do
3,276
3,047
' 6, 706
2,947
2,859
6,774
.220
SURVEY OF CURRENT BUSINESS
November 1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemDecemBUSINESS STATISTICS
October November
ber
ber
S-37
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
All paper and board mills, production:
Paper and board total
thous of short tons
Paper
do
Paperboard
do
Wet-machine board
do
Construction paper and board
do
Paper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association) :
Orders, new 9
thous of short tons
Orders unfilled end of month 9
do
Production
do
Shipments 9
do
Stocks, end of month 9
do
Fine paper:
Orders new
do
Orders unfilled end of month
do
Production
do
Shipments
do
Stocks end of month
do
Printing paper:
Orders new
do
Orders unfilled end of month
do
Production
do
Shipments
do
Stocks end of month
do
Price, wholesale, book paper, " A" grade, English
finish, white, f. o. b. mill
dol. per 100 Ib
Coarse paper:
Orders new
thous of short tons
Orders unfilled, end of month
do
Production
_
_ _ _ _ _ _ _do_ _
Shipments
do
Stocks, end of month
_
_ do. __
Newsprint:
Canada (incl. Newfoundland):
Production
do
Shipments from mills
do
Stocks at mills, end of month
_ __
do
United States:
Consumption by publishers _
__do_ __
Production
do
Shipments from mills
do
Stocks, end of month:
At mills _
do
At publishers
_ _ do
In transit to publishers
do
Imports
do
Price, rolls, contract, delivered to principal ports
dol. per short ton
Paperboard (National Paperboard Association) :
Orders, new
_
thous. of short tons.
Orders unfilled, end of month
do
Production, total _ _ _ _
do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil sq ft surface area
Folding paper boxes, index of value:
New orders
1947-49=100
Shipments
do
r
r
T
2 477
1, 113
1 110
12
243
2 746
1,227
1 248
13
257
2 591
1 174
1 179
14
223
805.0
850 2
977.0
833 2
410.8
871.1
804 7
1, 082. 7
912 1
409.0
815.5
738 2
1, 034. 6
873 7
429.8
780
696
960
823
415
8
1
3
2
5
873.7
693 6
1 061.2
885 3
494 6
116.4
126 8
130.8
135 5
96.3
121.4
104 3
141.7
137 1
96.4
120.2
99 3
134. 3
130 3
100.4
109
86
126
124
115
4
9
9
9
4
333.8
506 4
341.3
338 4
163.3
357.0
485 0
375.4
378 1
160.6
322. 8
430 6
364.9
364 6
160.8
333.0
406 5
344. 9
343 6
167.5
2 358
1 091
1 071
12
184
2 655
1 183
1 224
13
235
2 602
1 169
1 180
13
240
2 664
1,172
1 237
12
243
2,512
1,110
1 147
15
241
2,243
998
1,005
10
231
0
1
2
1
9
905.7
720 3
1 021.3
859 9
519.9
830.-9
706 9
1, 008. 6
849 3
518.2
863.9
685.4
1, 007. 5
859 5
504.9
818.5
688 7
965.2
811. 5
513.9
806.0
751.0
887.0
753 0
501.0
118 3
68 9
133.8
135 9
105.6
131 7
79 6
125 0
127 8
133.4
133.1
78 7
139.6
134 8
133.4
134.0
70 1
135. 1
140 0
136.7
155. 4
77 5
136.7
150 2
139.3
125.5
77 3
125. 1
135 0
133 2
134.0
102 0
125 0
112 0
125 0
364.2
422 2
362.0
353 1
202.6
308.6
397 5
323.5
321 0
202.3
388.8
435 2
349.8
348 2
220.7
336.9
439 5
341.7
341 0
216.1
359.9
426 1
352.7
351 3
208.7
345.2
423 9
334.9
334 6
209.0
327. 0
445 0
319 0
316 0
212.0
2 672
l'217
1 211
13
231
2 432
1 104
1 090
12
226
794
669
957
798
503
r
2, 668
r
1, 151
r
1 238
'16
r
263
2,512
1,059
1 186
13
254
15.88
p 15. 88
15.38
15.38
15.38
15.38
15.38
15.38
15.38
15.38
15.88
15.88
15. 88
301 6
169.5
307.0
303.4
94.5
333 2
168.4
333.2
335.2
92.5
319 1
160.1
330. 6
322.4
100.8
290 5
163 3
298.4
301. 6
97.3
334 6
156.6
344.1
334.5
123.1
302 1
148.2
308.0
297.4
107.8
322 5
157.4
318.5
320.3
107.4
302 3
148 7
312.0
310 6
108.7
296 0
137 6
309.4
304 0
103 9
297 2
145 8
294.1
289 7
118.9
299 0
162 0
272.0
279 0
111 0
514.0
528.7
118.5
582.1
578.4
122.2
559. 5
543.5
138. 2
514.2
552 4
100.1
558. 6
513 6
145.0
518.9
510 9
153.1
574.2
526.5
200.8
554 8
538 4
217.3
573 0
574 3
216.0
532 0
548 5
199.6
549 2
578 8
169 9
560.3
524 0
206.2
486.6
512 9
179.9
434.9
140.6
141.1
476.9
154.0
153.4
467.7
142.5
142.4
443.6
139.2
137.7
407.6
157.7
158.9
387. 2
150. 7
151.6
463.3
164.4
161.2
442.3
162 4
162.6
466.0
171 2
172.5
433.9
159 1
156.8
373 5
144 4
143.1
386.4
156. 5
153.7
434.3
133.8
132.7
8.0
513.0
111.8
8.7
516. 5
114.8
8.8
510.0
112.3
10.2
523.5
112 2
8.9
551.1
113 1
8.0
591.7
119.6
11.2
580.2
107.8
11.0
592.6
100 9
9.6
589.7
96 5
11.9
585.6
101 8
13.2
653 4
101 5
15.9
704.9
100 G
17.0
673.4
107 7
425.2
507.0
487.3
464.2
447.4
429.1
427.9
459 4
450 1
411.5
495 0
404 1
130. 10
130. 10
130. 10
130. 10
130. 10
130. 10
133. 30
134.40
134. 40
134. 40
134. 40
134. 40
1, 327. 4 1, 149. 4
490.5
407.8
1, 273. 0 1, 184. 3
91
96
1, 148. 6
419.4
1, 114. 3
82
1, 153. 2
471. 7
1, 125. 7
91
1, 089. 9
410.2
1, 083. 2
89
1, 088. 6 1, 208. 4 1,211.3
454.3
408.3
493 7
1, 094. 6 1, 221. 0 1, 189. 8
94
92
94
1, 228. 3 1, 122. 9
370 7
384 1
1, 259. 7 1, 142. 5
93
91
v 134. 40
1,114 5 1. 240. 8 1, 227. 7
547. 0
418 3
506 5
1, 000. 8 1, 287. 9 1,161. 1
91
94
77
1, 347. 0
481 3
1, 345. 7
97
8, 116
9,229
8,286
7,253
7,947
7, 365
8 227
7 987
8 291
7 739
7 550
9 028
8 407
9 012
191.2
181.3
232. 8
206.8
176.7
193.3
194.3
181.2
193.3
173.6
194.9
171.9
207.4
186.6
212 9
185.5
206 7
187.0
190.5
170.4
192 7
167.7
203. 0
192.4
200 4
190.3
206 4
211.1
988
733
255
1,417
1,166
251
1,308
1,135
173
1,058
856
202
489
367
122
1,065
825
240
1,104
856
248
1,463
1,176
287
1,010
813
197
1,176
915
261
1,013
794
219
694
538
156
1,113
926
187
1,336
1, 132
204
45 368
102 796
59 896
46 511
98' 717
52 566
41 282
90 694
30 291
39 789
98 871
44 760
r 44 932
99 093
48 951
43 527
10l' 603
PRINTING
Book publication, total
New books
New editions
number of editions..
__do
do
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons
44 095
Stocks, end of month
do __
98, 069
Imports, including latex and guayule. _ _ _. do _
43, 191
Price, wholesale, smoked sheets (New York)
dol. per lb__
.325
Synthetic rubber:
Production..
long tons _
90, 602
Consumption
_
do
69 076
Stocks, end of month
__do
200, 793
Exports
_
do
12 600
Reclaimed rubber:
Production_
Consumption
Stocks, end of month
r
Revised.
? Preliminary.
9 Data exclude estimates for "tissue paper."
do _ _
do
do
22, 368
20 205
36, 527
52 082
94, 508
52, 302
42 859
106, 316
49. 886
45 130
116, 469
57, 653
52 631
101, 758
46, 349
46 427
100, 253
37, 487
.321
.345
.365
.333
.306
88, 158
81 866
197, 788
8 954
83, 514
71, 397
199, 334
6,726
93, 764
72 260
202, 596
19 271
94 277
85 490
193, 724
17 289
83 235
77 260
184, 808
16 878
26, 293
23 901
37, 904
20, 009
20, 793
36, 063
20, 548
20 698
34, 969
25 053
24 053
34, 552
21 896
22 773
32, 010
48 263
97 820
42 160
.315
93
81
181
18
916
650
813
101
25 051
24 633
30, 975
.321
82
76
173
13
340
355
611
966
22 878
23 145
30, 258
.328
95
80
173
16
.333
014
242
441
009
84 413
70 456
173' 170
17 584
24 859
23 816
29^847
22 402
21 352
30, 379
r
.329
80
69
163
19
.324
951
93 422
044 rr 79 272
648 !61 688
817
18 029
20 444
19 676
29, 972
r
20 423
r 22 429
r 28, 521
.301
94
77
161
14
537
401
433
696
19 892
21 578
25, 844
.295
SUKVEY OF CURRENT BUSINESS
S-38
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
August SeptemOctober
ber
RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
thousands
7 800
8,799
7,641
8,556
9,504
9 169
9 766
8 950
9 490
8 489
8 443
8 917
8 641
. do - _
do
__ do ._do
6,952
1,553
5,238
162
7,776
2,908
4,703
165
7,518
3,516
3,881
121
7,548
3,579
3,803
166
8,874
3,496
5,195
183
8,539
3,361
5,051
127
9,114
3,381
5,579
154
9,381
3,246
5,989
146
9,150
3,230
5,787
134
9,310
2 993
6,191
127
9,840
3,068
6,646
126
9,833
3,214
6,488
130
7,723
1,688
5, 902
133
do
do
17, 648
161
18, 775
169
18, 803
152
19, 872
163
20, 490
144
21, 008
144
21, 743
171
21, 308
202
21, 630
152
20, 783
120
19, 316
120
18, 477
139
19, 393
124
do
do
2,773
2,777
3,025
2,877
2,585
2,792
2,670
2,837
3 364
3,829
3 362
3,291
3 822
3,397
3 428
3,104
3 548
3,214
3 025
3,472
2 941
3,708
3 134
3,683
3 365
3,483
do
do
6,056
96
6,469
73
6,250
53
6,109
76
5,789
32
5,960
78
6,540
76
6,969
90
7,422
80
6,946
75
6,287
63
5,966
74
6,174
77
20,287
67
31 406
Shipments, total
Original equipment
Replacement equipment
Export__
..
Stocks, end of month _
Exports
Inner tubes:
Production
Shipments _ .
Stocks, end of month
Exports
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments, finished cement
Stocks, end of month:
Finished
Clinker
._
thous of bbl
28, 643
29, 051
25, 869
24, 429
19, 320
17, 827
22, 642
23 967
27 485
26, 462
thous of bbl
30, 173
31, 585
22, 906
17, 990
11, 927
15, 274
20, 757
23, 351
29, 203
29, 758
15, 532
13, 007
15, 973
22, 440
29,828
14, 337
32, 382
18, 625
34, 277
21, 621
34, 893
23, 620
33, 176
22, 539
20, 550
714, 227 '648,067 ''543,191
662, 295 r 569, 763 r 437, 895
437, 692
314, 030
400, 758
370 935
467, 798
454 575
534, 682
523, 085
564, 799
585, 612
577, 448
567, 339
30. 863
30.863
30 814
30 814
30 814
30 814
30. 914
30. 914
834 ' 197, 716 ' 179, 671
'r 190, 678
185, 573 204, 928 ' 157, 077 r 119, 949
166, 580
107, 907
148, 236
111, 676
154, 151
133, 298
153, 240
139, 420
162, 551
152, 142
149, 829
151, 929
153, 730
161, 058
171, 307
r 71, 320 'r 71, 140 r' 61, 768 54, 447
51, 275
67, 793 57 883
46 451
49, 962
44 170
57, 747
51, 984
52, 258
47, 677
53, 688
51 580
58, 258
56, 386
62, 183
57, 873
54, 320
50 904
11, 057
12, 617
11, 695
12, 505
12, 747
12, 565
14, 090
12, 201
10, 022
9,710
11, 109
11, 021
12, 611
12, 081
12, 194
17, 867
9,110
1,100
1,091
1,182
1,238
1,350
2,501
1,554
3,049
2,963
3,435
3,425
3,604
5,811
2,720
799
889
961
911
1,403
1,333
1,157
818
1,060
2,810
1,076
1,351
1,300
1,064
1,177
1,397
1,190
350
495
832
2,288
_
do
do
107
109
6,874
7,969
98
7,476
90
9,443
71
66
76
83
92
91
29,885
104
25, 827
35 732
24, 345
17, 979
20, 019
13, 622
593, 044
609, 478
621, 796
631 724
r
CLAY PRODUCTS
Brick, unglazed (commercial and face) :
Production c f _ _ __ __
thous. of standard brick
Shipments cf
do
Price, wholesale, common, composite, f. o. b. plant
dol per thous
Clay sewer pipe and fittings, vitrmed:cT
Production
_
Shipments
Structural tile, unglazed :cT
Production
Shipments
short tons
do
do
do
'666,689
r
629, 717
T
r
30. 718
30. 668
30. 718
f
210,
r
»•r 71, 898
61, 779
r
r
153,639
r
30 816
^30 816
GLASS PRODUCTS
Glass containers:
Production
thous of gross
Shipments, domestic, total
do
General-use food:
Narrow -neck food
_
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit jars)
thous. of gross
Beverage
Beer bottles
Liquor and wine
Medicinal and toilet
Chemical household and industrial
Dairy products
Stocks end of month
9,878
10, 222
13, 377
14, 688
11, 895
10, 323
10, 038
9,426
11, 657
1,881
1,701
848
765
948
892
2,874
4,134
3,065
2,723
2,997
2,843
395
604
993
847
509
528
721
667
1,061
2,791
16, 107
do
do
do
do
do
do
2,230
839
233
3,657
306
841
211
2,459
802
201
484
577
963
2,902
967
184
do
13, 371
11, 721
13, 296
13, 897
14, 976
1,166
1,868
1,182
1,524
2,512
1,088
515
508
942
158
2,899
1,024
159
17, 318
149
17, 793
2,470
880
175
2,619
169
17, 439
17, 860
17, 955
2,842
1,268
GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous of short tons
Production
do
Calcined production quarterly total
do
Gypsum products sold or used, quarterly total:
Uncalcined uses
short tons
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl TCppfie's cement)
Lath
Wallboard
All other O
1,224
* 2, 497
1,012
2, 263
764
1,161
1,956
2,326
2 110
1 861
1, 787
1,983
911 118
926 693
663, 237
779, 707
do
77 685
83 481
83, 225
79, 582
do
do
433 807
381 095
0 EA OO A
319 816
324, 642
295, 313
371, 901
340, 196
601 6
1 068 1
55 8
530 0
1, 007. 8
47 2
1, 002. 7
44.1
mil of sq ft
do
do
•• 1Revised.
v Preliminary.
d" Revisions for 1955 and January-August 1956 will be published later.
©Comprises sheathing, formboard, tile, and laminated board.
« Revisions for 1st and 2d quarters of 1956 (thousand short tons): 2,524; 2,775.
496.7
905
577.1
1,071.5
59.0
963
179
1,343
1,835
3,882
1,367
310
676
195
13, 866
16, 688
SUEVEY OF CURRENT BUSINESS
November 1957
S-39
1957
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemBUSINESS STATISTICS
October
ber
ber
ber
January
February
March
April
May
June
12 394
11 099
11 103
11 316
October
August September
July
TEXTILE PRODUCTS
APPAREL
12 494
Hosiery, shipments
thous of dozen pairs
Men's apparel, cuttings:!
Tailored garments:
Suits
_
_ _
thous. of units
Overcoats and topcoats
do
Trousers (separate), dress and sport
. do
Shirts (woven fabrics), dress and sport
thous. of doz
Work clothing:
Dungarees and waistband overalls
do
Shirts
do
Women's, misses', juniors' outerwear, cuttings:
Coats
thous of units
Dresses _ _ _ _ _ _ _
_ _ _
_do
Suits
do
Waists, blouses and shirts
thous of doz
14 194
1 816
4 800
1
1, 905
1,948
1
1
240
1
244
364
2 527
17, 044
813
983
2 998
21, 543
1 1, 935
!550
1
5, 040
1
12 126
10 816
14 006
1
11 628
21090
350
4 500
1 688
2 068
1 820
1 888
4 224
5 520
5 136
5 472
1 950
1 600
2 020
1 884
1 792
i 200
1
305
168
228
248
288
256
308
252
304
1 631
17, 306
1 366
2 236
20, 147
1 101
1 108
2 317
21 277
1 347
1 194
2 391
21 709
1 411
1 246
3 174
26 424
1 257
1 338
9,718
12, 380
444
345
913
260
248
917
846
244
13, 805
1,
230
1
285
4 500
1,692
440
5,664
1,388
320
4,848
1, 270
1,504
1,516
i 200
1
265
252
320
248
328
1 820
1 604
5 520
5 328
1
1 576
1 524
1
i 265
i 325
252
304
220
288
1 431
27 189
1 204
27 884
1 908
19' 816
2 458
18, 125
2,702
20, 844
1 154
1 208
1 151
1 134
1 249
2 362
19, 035
683
1 154
232
973
2,499
1
21 045
365
i 5 640
308
13 772
11 100
1
1
1 735
676
416
454
384
996
926
680
COTTON
Cotton (exclusive of linters) :
Production:
5,524
Ginnings§_
thous. of running bales__
Crop estimate, equivalent 500-lb. bales
thous. of bales. _ rl
Consumption^
._
_
bales
825,303
Stocks in the United States, end of month,
totall
__
_ _ _ _ _ thous. o f bales rT 24, 870
Domestic cotton, total
do
24, 838
r
On farms and in transit
_
do
9, 637
r
Public storage and compresses
do_
14, 329
r 872
Consuming establishments
do
r
Foreign cotton, total
do
32
Exports
bales
505 019
Imports
do
22 278
Prices (farm), American upland.
cents per lb_.
32.5
Prices, wholesale, middling, I", average 14 markets
cents per lb__
33.1
Cotton linters:
Consumption
thous of bales
130
Production
do
157
Stocks, end of month
do
872
2
12, 815
3
4
13 088
13 151
4
732, 319
1
880 549 631 507
22 224
22 193
3 845
16, 935
1 413
23, 602
23 569
6 269
16, 169
1 131
33
31
1
840 567
684 366
20,909
20 878
2 890
16, 442
1 547
30
18 768
18 734
1 911
15 204
1 619
17 390
17 345
1 638
14 031
1 676
35
45
13, 310
690 627 i 807 979
672 756
649 700
1
637 345 666, 549
659, 651
22, 505
22, 466
12, 185
9,312
1 128
35
969
39
21, 274
21 234
10, 542
9,634
1 058
39
15 911
15 867
1 157
13 080
1 630
14 491
14 448
1 080
11 877
1 490
13 240
13 200
12 108
12 074
11, 224
11 189
10, 829
1 379
39
10 049
1 227
43
34
44
992
5, 594
5 11, 788
297
9,764
798
598 173
1 514
31.9
537 713
844
939 080
10 341
31.0
790 738
13 285
30 2
807 248
7 101
30 2
786 740
9 851
29 8
603 064
3 412
30 6
659 701
5 349
31.5
525 108
3 607
31.9
417 607
6 300
32.3
36, 088
7,755
32.8
378 825
31.9
33.0
32.3
33.2
33.2
33.2
33.4
33.8
33.8
33.9
33.9
34.0
34.0
33.6
33.2
33.5
104
216
935
202
969
171
979
187
991
1 000
124
985
85
967
70
924
44
842
35
798
45
724
100
107
712
2,357
39 912
10 552
45, 778
11 903
43, 800
10 404
2,538
47, 289
11 227
46 058
11 430
43 196
11 925
2,520
58 523
11 972
46 606
11 798
47, 780
11 329
P 2, 436
47 990
10 369
39, 188
8 252
40, 917
9, 165
41, 781
29.68
36 4
15 7
16.8
30.75
36.4
16 3
17.3
30.37
36 4
16 1
17.3
29.80
36.4
15 9
17.3
29.19
36 4
15 9
17 0
28.31
36 4
15 9
17 0
28.01
36 4
16 0
16 8
27.65
36 4
16 0
16 5
27.03
36.4
15 9
16.3
26.81
36.4
15 8
16.0
26.75
36.4
15.6
16.0
680
.691
.971
.691
.971
.687
.963
684
676
669
662
.951
.920
.918
.662
.914
666
.959
.918
20, 289
18, 786
11,952
20, 237
18, 786
8,681
20, 231
18, 725
11, 599
20, 161
18, 639
9,411
19 985
18, 457
9 400
19, 781
18, 246
9,223
19, 740
18, 174
9,088
129
155
127
128
113
152
104
118
105
92
79
COTTON MANUFACTURES
Cotton cloth:
Cotton broad woven goods over 12 inches in width,
production, quarterly A
mil. of linear yd_
Exports
thous. of sq. yd
Imports
do
Prices, wholesale:
Mill margins
...cents per lb_
Denim, white back, 28-inch, 8 oz/yd cents per yd
Print cloth 39-inch, 68 x 72
do
Sheeting, class B, 40-inch, 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2, carded, weaving
dol. per Ib
36/2, combed, knitting
do __
Spindle activity (cotton system spindles) :!
Active spindles, last working day, total
thous
Consuming 100 percent cotton
do __
Spindle hours operated, all fibers, total mil. of hr
Average per working day
do
Consuming 100 percent cotton
do
.953
r
r
20, 307
18, 780
i 11,r 446
458
1
10, 678
20, 343
18, 839
9,847
1
1
1
19, 929
18, 365
11, 281
5,851
125.6
69.7
55.9
124.5
69.9
54.6
122. 6
69.6
53.0
120 9
68.4
52 5
.291
910
.910
.291
v 910
p. 311
10, 671
14, 396
12 815
755
4.49
4 46
10, 277
1,473
3,450
86
9,485
125
9,172
205
8,454
2,656
3,057
109
7,422
2,443
2,568
201
6,789
109.2
61.1
48.1
106.3
62.2
44.1
107.5
62.2
45.3
104.6
58.2
46.4
105.6
59.2
46.4
111.3
62.6
48.7
116. 7
64.3
52.4
122.7
67.2
55.5
.863
.316
.863
.316
.880
.316
.910
.316
.910
.316
.910
.291
.910
.291
.910
.291
.291
16, 136
13, 404
555, 919
380, 428
73 999
17, 478
13, 836
11, 896
559,629
364,454
85, 560
19, 156
15, 307
551, 795
355, 251
88, 285
14, 515
1,180
4.57
1,193
4.53
1,123
4.53
4 57
1
451
10, 461
461
8,533
19, 769
18, 147
9,171
459
8,441
1 599
1 902
122
470
8,731
19, 704
18, 079
9,123
1,799
1, 863
382
6,495
103
5,745
471
8,749
19, 754
18, 067
9, 361
1
1,692
2,400
86
5,892
1,264
1,360
464
10, 790
f 666
v. 924
* 6 54. 2
638.0
1,599
2,602
196
6,826
1
.663
'•.922
6 55.7
632.7
423 4
183.9
102. 7
109.7
1,993
3, 054
478
.663
.920
456
8,368
434
8,062
1
27.58
p 36 4
p 15 4
P 15 7
8, 481
11, 145
492
9,162
27.49
36.4
15. 6
16.0
r
454
8,396
1
374
26.36
MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total 9
mil. of Ib
384 6
166.2
Rayon and acetate: Filament yarn __
do. .
Staple plus tow
do
87.5
106 3
Noncellulosic (nylon acrylic, protein, etc )
do
1,566
Exports: Yarns and monofilaments
thous. of lb_
Staple, tow, and tops
do
1,710
101
Imports: Yarns and monofilaments
do__ _
6,269
Staple, tow, and tops . ...
_ _ _do __
Rayon and acetate:
115.8
Stocks, producers', end of month, total mil. of Ib
63.7
Filament yarn. ,. _ _ _ _ _ _
__ .do
52.1
Staple (incl. tow)
_
_ _ _
do
Prices, rayon, viscose:
.863
Yarn, filament, 150 denier
dol. per Ib
.316
Staple, 1.5 denier
_._
_
do
Manmade broadwoven fabrics:
Production, quarterly total 9 A -thous. of linear yd... 491, 489
353, 882
Rayon and acetate (excl. tire fabric)
do
61 237
Nylon and chiefly nylon mixtures
do
15, 385
Exports, piece goods
thous. of sq. yd
SILK
Imports, raw
_
thous. of lb__
Price raw A A 20-22 denier
dol, per Ib
Production, fabric, atrlv. total A _ .thous. of linear yd.
r
6
778
4 41
8,490
2
954
4.54
8,553
3
2,021
1,871
774
443 2
195.0
103.7
121 1
3,074
3,403
781
4 55
9,119
15, 250
436 2
181.6
98.3
126 3
1,811
1,984
170
910
524
513
553
557
4 64
4.60
4.52
8,166
4 48
4
r
r
8
6
6
53 8
39 7
Revised.
* Preliminary.
i Data cover a 5-week period.
Ginnings to December 13.
Ginnings to January 16.
Total ginnings of 1956 crop.
November 1 crop estimate.
Data for month shown.
tData for September and November 1956 and January, April, and July 1957 cover 5-week periods (except data for men's apparel cuttings for January 1957 which cover 4 weeks) and for other
months, 4 weeks; cotton stocks and number of active spindles are for end of period covered.
§Total ginnings to end of month indicated, except as noted.
9 Includes data not shown separately.
A Re visions for 1st half of 1956 are available upon request.
SURVEY OF CURRENT BUSINESS
S-40
1956
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of SeptemNovem- DecemOctober
BUSINESS STATISTICS
ber
ber
ber
November 1957
1957
January
February
March
April
May
June
July
October
August September
TEXTILE PRODUCTS—Continued
Y/OOL AND MANUFACTURES
Wool consumption, mill (clean basis) :!
i1 25, 549
Apparel class _ _
thous. of Ib
Carpet class
do
13, 426
Wool imports, clean content
do
15, 209
Apparel class (dutiable), clean content
do
5,360
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Territory, f i n e _ _ _ _ _ _
dol. p e r Ib _ 1.381
1.069
Fleece, 3/8 blood
do
Australian, 64s, 70s, good topmaking, in bond-_do
1.425
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
1 891
wholesale price
dol per Ib
Woolen and worsted woven goods, except woven felts:
Production, quarterly, totaled
thous. of lin. yd
Apparel fabrics, total
do
Other than Government orders, total
do
Men's and boys'
do
Women's and children's
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, men's and boys'
1947-49= 100- .
Gabardine, women's and children's
do
23, 677
12, 825
19, 034
5,657
i 24, 968
i 11 547
14, 484
5,391
20, 696
10, 728
14, 773
7,010
1.475
1.131
1.425
1.525
1.168
1.450
1.963
1 997
79, 975
77 393
76, 770
37 753
39, 017
112.9
97.3
1
1
26, 531
14 863
24, 285
10 506
22, 276
13 376
21,617
9,746
21, 482
12 654
22, 546
9 114
i1 25, 159
14, 359
18, 788
8 366
21, 321
9,552
15, 094
7,576
21, 558
8 274
14, 480
6 788
1.625
1.195
1.525
1.625
1.195
1.525
1.625
1.188
1.575
1.622
1 170
1.575
1.645
1.181
1.575
1.675
1.270
1.595
1.675
1 271
1.625
2.045
2 117
2.117
2 092
2 069
2 166
2 166
76, 383
73, 375
71, 935
36, 497
35, 438
112.9
97.3
114.0
97.3
114.0
97.3
77, 301
73 345
72, 047
37 193
34, 854
115.4
97.3
115.6
97.3
115.6
97.3
i 121, 281 r 19, 277
9,779
8, 508
15,411
18, 051
6,245
6,604
18, 501
9,554
1.675
1.272
1.625
1.675
1.285
1.625
1. 638
1.265
1.625
2 166
2.166
v 2. 166
118.0
97.3
118.0
97.3
118.0
100.4
1.560
1,232
1.605
81, 249
77 847
77, 079
35 455
41, 624
117.2
97.3
117.2
97.3
118.0
97.3
TRANSPORTATION EQUIPMENT
AIRCRAFT
Manufacturers of complete types:
Aircraft, engines, propellers, parts, etc.:
3,493
Orders new (net) quarterly total
mil of dol
2,322
Sales (net), quarterly total
do
18, 363
Backlog of orders, total, end of quarter
do
12, 822
For U S military customers
do
Civilian aircraft:
41, 137
Shipments
thous. of dol
Airframe weight
thous. of Ib- 1, 389. 2
Exports (commercial and civilian) d"
thous. of doL^ 13, 001
3 020
2,998
18, 350
12, 303
1,524
3,015
16, 304
10, 431
2,128
2,669
17, 795
11, 801
50, 089
1, 583. 6
15, 591
51, 518
1, 550. 7
24, 577
43, 168
1, 413. 7
25, 053
49, 278
48, 431
1, 574. 9 1, 554. 0
16, 516
23, 067
46, 465
1,615.6
9,901
57, 723
1,871.6
26, 620
83, 965
2, 548. 0
16, 509
69, 326
2, 104. 0
24, 495
70, 480
2, 086. 0
19, 682
62, 825
1, 940. 6
31, 298
54,745
1, 628. 1
19, 408
275, 555
368
364
203, 888
202, 159
71, 299
56, 852
20, 581
4, 583
15, 998
4, 823
4, 462
2,455
361
445, 122
298
291
352, 140
341, 779
92, 684
77, 533
19, 000
5,630
13, 370
5,448
5,093
2,918
355
667, 187
233
186
576, 708
556, 931
90, 246
74, 870
23, 426
13, 139
10, 287
4,758
4,567
2 524
191
700, 740
228
103
617, 599
598, 394
82, 913
66, 123
43, 612
21, 739
21, 873
4,153
3,982
2,078
171
719, 431
269
257
628, 045
610, 678
91,117
73, 208
30, 210
14, 751
15, 459
5,032
4,783
2, 625
249
662, 028
238
234
570, 023
556, 930
91, 767
73, 693
23, 534
10, 638
12, 896
5,090
4,832
2.654
258
677, 778
341
307
585, 734
569, 242
91, 703
73, 523
43, 724
18, 673
25, 051
5,555
5,263
2,608
292
647, 414
506
410
541, 733
526, 310
105, 175
84, 410
34, 723
14, 029
20, 694
5,536
5,278
2,580
258
639, 886
462
309
537, 112
522, 759
102, 312
82, 930
34, 956
14, 635
20, 321
5,574
5,316
2,665
258
591, 039
389
332
496, 329
484, 840
94, 321
76, 859
28, 306
10, 901
17, 405
5,110
4,603
2,364
507
579, 951
309
302
484, 718
474, 635
94, 924
76, 856
24, 221
9,562
14, 659
4,111
3, 969
2,084
142
610, 747
315
281
521, 282
513, 290
89, 150
74, 212
27, 459
9,977
17, 482
5 258
4,322
2,529
936
380, 609 p2417,900
p 2 245
243
187
318, 279 p2327 700
315, 008
62, 087 p2 90 000
51,016
17,399
5,023
12, 376
4,667
4,184
2, 522
483
421, 021
72, 420
424, 414
76. 052
403, 948
66, 983
514, 061
65, 698
437, 320
56, 979
438, 725
62, 129
572, 917
74, 668
548, 609
75, 438
556, 324
82, 308
517, 043
71, 335
543, 264
79, 117
491, 839
77, 053
495, 217
78, 156
3,458
1,835
1,821
1,623
5,666
3,728
3,728
1,938
6,740
4,367
4,322
2,373
7,260
4,272
4,272
2,988
8,403
4,686
4,686
3,717
8,184
4,576
4,576
3,608
9,772
5,611
5,611
4,161
8,961
5,198
5,198
3,763
8,902
5,202
5,124
3,700
8,568
4,820
4,629
3,748
7,872
4,811
4,664
3,061
8,887
4,716
4,587
4,171
8,500
4,947
4,897
3,553
8,328
4,850
4,817
3,478
3,918
3,810
3, 808
108
6,642
4,527
4, 407
2,115
'5,016
r
4, 479
' 4, 306
537
6,795
2,207
1,662
4,588
r 4, 401
2,202
1,865
6,478
6,429
6,429
49
3, 736
2,376
1,908
' 1, 360
4,893
2,132
2,132
2,761
r 1, 108
-832
r 2, 199
3,349
817
817
2,532
-832
-276
- 3, 192
1,082
1,068
' 2, 110
3,257
1,753
1,753
1,504
2,212
532
526
1,680
122, 563
Unfilled orders, end of month, total
do
60, 655
Equipment manufacturers, total
do
60, 513
Domestic
do
61, 908
Railroad and private-line shops, domestic. -do
Passenger cars (equipment manufacturers):
46
Shipments, total
number
42
Domestic
_
_ do
715
Unfilled orders, end of month, total
do
700
Domestic
_
do
Association of American Railroads:
Freight cars (class !):§
1,704
Number owned or leased, end of month __thous
4.1
Held for repairs percent of total owned
Locomotives (class I):
4
Steam, owned or leased, end of month.. _ thous .
17.3
Held for repairs, percent of total owned _
Diesel-electric and electric:
Owned or leased, end of month
26, 524
number of power units
25, 518
Serviceable, end of month
do
93
Installed in service (new) _
-do __
737
Unfilled orders, end of month
do
Exports of locomotives, total (railroad-service and in52
dustrial types)
number
122, 522
61,431
61, 159
61,091
119, 853
58, 638
58, 409
61, 217
117,657
58, 971
58, 571
58, 686
115,601
56, 493
55, 548
59, 108
113, 247
53, 134
51, 852
60, 113
108, 990
48, 337
47, 055
60, 653
106, 472
49, 540
48, 258
56, 932
98, 604
46, 663
45, 065
51, 941
93, 217
43, 853
42, 446
49, 364
86, 489
39, 864
38, 604
46, 625
80, 477
36, 203
34, 984
44, 274
73, 150
32, 954
31, 785
40, 196
66, 860
28, 602
27, 460
38, 528
26
25
706
684
5
5
791
679
9
5
842
724
9
3
840
728
23
11
832
732
6
3
836
739
11
7
825
732
41
6
789
727
65
17
738
722
27
15
721
717
43
40
678
677
187
185
507
492
387
376
143
139
1,703
4.0
1,705
4.0
1,708
4.0
1,712
4.1
1,716
4.2
1,720
4.1
1,724
4.4
1,727
4.5
1,730
4.5
1,731
4.9
1,735
5.0
1,739
4 9
4
13.6
4
15.3
4
15.1
4
14.6
3
17.3
3
16.6
3
17.5
3
18.2
3
18.3
3
18.1
3
17.4
3
17.7
26, 610
25, 648
96
728
26, 732
25, 804
122
743
26, 823
25, 856
110
814
26, 926
25, 864
117
787
27, 060
26, 002
127
867
27, 125
26, 078
133
747
27, 234
26, 123
114
693
27, 383
26, 423
119
582
27, 453
26, 400
125
462
27, 548
26, 462
112
395
27, 602
26, 580
73
320
27, 670
26, 569
99
296
63
97
101
69
49
79
64
37
62
54
50
51
MOTOR VEHICLES
Factory sales, total
number__
Coaches, total
_ _ _ do _
Domestic
do
Passenger cars, total _ __ _
_
_ _ do
Domestic
do
Trucks, total
_
do
Domestic
do
Exports, total©
do
Passenger cars
_
_ _ _ _ _ do _
Trucks and buses 0 _
_ _
_ do
Truck trailers production, total
do
Complete trailers
do
Vans
do
Trailer chassis
do
Registrations:
New passenger cars
do
New commercial cars__ _ _
_ _ _ __ do
RAILROAD EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments total
number
Equipment manufacturers, totaldo
Domestic
do
Railroad and private-line shops, domestic. -do
New orders, totald"
do
Equipment manufacturers, total
do
Domestic _
_
do
Railroad and private-line shops, domestic- _do
r 4, 042
r 1, 592
r 1, 592
2,450
r
2
r Revised.
» Preliminary.
* Data cover a 5-week period.
Preliminary estimate of production.
^Data for September and November 1956 and January, April, and July 1957 cover 5-week periods; other months cover 4 weeks,
cf Revisions for January-June 1956 will be shown later.
§Excludes railroad-owned private refrigerator cars.
©Data for July-December 1956 have been revised to exclude exports of "used" special-purpose vehicles; such types are included in the 1956 data published prior to the September
1957 SURVEY.
•INDEX TO MONTHLY BUSINESS STATISTICS!,
Pages marked S
Sections, by general subject:
General business indicators
1-5
Commodity prices
5-7
Construction and real estate
7,8
Domestic trade
8-11
Employment and population
11-15
Finance
16-20
International transactions of the U. S
21, 22
Transportation and communications
23,24
Chemicals and allied products
24-2 6
Electric power and gas
26,27
Foodstuffs and tobacco
27-30
Leather and products
30, 31
Lumber and manufactures
31,32
Metals and manufactures
32-34
Petroleum, coal, and products
35,36
Pulp, paper, and printing
36, 37
Rubber and rubber products
37, 38
Stone, clay, and glass products
_
38
Textile products
39,40
Transportation equipment
40
Advertising
8, 9
Agricultural employment
11
Agricultural loans and foreign trade
16,17, 21, 22
Aircraft and parts
2,12,13,14,15,40
Airline operations
_
23
Alcohol, denatured and ethyl
24
Alcoholic beverages
2,6,8, 27
Aluminum
33
Apparel
2, 3, 6, 8, 9,10,12,13,14,15, 39
Asphalt and asphalt and tar products
36
Automobiles
2, 3, 8, 9,12,13,14,15,16,17, 22, 40
Bakery products
.... 2,12,13,14,15
Balance of payments
21
Banking
14,16
Barley
_
28
Barrels and drums
32
Battery shipments
34
Beef and veal
29
Beverages
2, 6, 8,12,13,14,15, 27
Blast furnaces, steel works, etc
12,14,15
Blowers and fans
34
Bonds, outstanding, issued, prices, sales,
yields
17,18,19, 20
Book publication
37
Brass and bronze
33
Brick
38
Brokers' loans and balances.
16,19
Building and construction materials
8, 9,10
Building costs
8
Business incorporations (new), failures
5
Business sales and inventories
3
Butter
27
Cans (metal), closures, crowns
32
Carloadings
23
Cattle and calves
29
Cement and concrete products
6, 38
Cereal and bakery products
6, 12, 13,14, 15
Chain-store sales (11 stores and over only)
10
Cheese
27
Chemicals
2, 3, 4, 6, 12, 13, 14, 15, 19, 22, 24
Cigarettes and cigars
6,30
Civilian employees, Federal
12
Clay products
6,38
Coal
3, 6, 11, 13, 14, 15, 22, 23, 35
Cocoa
22,29
Coffee
22,30
Coke
23,35
Communications
11,13, 14,15,19, 20, 24
Confectionery, sales
29
Construction:
Contract awards
7
Costs
8
Dwelling units
7
Employment, hours, earnings, wage rates..
11,
13, 14, 15
Highways and roads
7, 8, 15
New construction, dollar value
1,7
Consumer credit
16, 17
Consumer durables output, index
3
Consumer expenditures
1,9
Consumer price index
6
Copper
22,33
Corn
28
Cost-of-living (see Consumer price index)
6
Cotton, raw and manufactures
2, 5, 6, 22, 39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16, 17
Crops
2, 5, 25, 26, 28, 30, 39
Crude oil and natural gas
3, 11, 13, 14, 15
Currency in circulation
18
Dairy products
2, 5, 6, 12, 13, 14, 15, 27
Debits, bank
16
Debt, United States Government
17
Department stores
9, 10, 11,17
Deposits, bank
16, 18
Disputes, industrial
13
Distilled spirits
27
Dividend payments, rates, and yields
1,19, 20
Drug-store sales
9,10
Dwelling units, new
7
Earnings, weekly and hourly
14,15
Eating and drinking places
9,10
Eggs and poultry
2, 5, 29
Electric power
6, 26
Electrical machinery and equipment
2,
3, 6,12, 13,14, 15, 19, 22, 34
Employment estimates and indexes
11,12
Employment Service activities
13
Engineering construction
7, 8
Expenditures, United States Government
17
Explosives
25
Exports (see also individual commodities)
21, 22
Digitized forExpress
FRASER
operations
23
Pages marked S
Failures, industrial and commercial
5
Farm income, marketings, and prices
1, 2, 5, 6
Farm wages
15
Fats and oils, greases
6, 25, 26
Federal business-type activities
17
Federal Government finance
17
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks
16
Fertilizers
6, 25
Fire losses
8
Fish oils and
fish
25,30
Flaxseed
25
Flooring
31
Flour, wheat
29
Food products
2, 3, 4, 5,
6, 8, 9, 10, 12,13, 14,15,19, 22, 27, 28, 29, 30
Foreclosures, real estate
8
;_
Foreign trade.21, 22
Foundry equipment
34
Freight carloadings
23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
5, 6, 22, 28
Fuel oil
35
Fuels
_
6,35,36
Furnaces
34
Furniture
2, 3, 6, 9,10,12,14,15,17
Furs
_
22
Gas, prices, customers, sales, revenues
6, 26, 27
Gasoline
9,36
Glass products
38
Generators and motors
34
Glycerin
__
24
Gold.
18,21
Grains and products
5, 6, 22, 23, 28, 29
Grocery stores
9,10
Gross national product.
1
Gross private domestic investment
1
Gypsum and products
6,38
Hardware stores
9
Heating apparatus
6, 34
Hides and skins
6, 22, 30
Highways and roads
7, 8,15
Hogs
29
Home Loan banks, loans outstanding
8
Home mortgages
8
Hosiery-—
39
Hotels
11,13,14,15, 24
Hours of work per week
12,13
Houcefurnishings
6, 8, 9,10
Household appliances and radios
3, 6, 9, 34
Imports (see also individual commodities)
21, 22
Income, personal
1
Income and employment tax receipts
17
Industrial production indexes
2,3
Installment credit
16, 17
Installment sales, department stores
10
Instruments and related products. 2, 3,12,13,14,15
Insulating materials
34
Insurance, life
18
Interest and money rates
16
Inventories, manufacturers' and trade
3,4,10, 11
Iron and steel, crude and manufactures
2,
6,8,12,14,15,19,22,32,33
Kerosene
35
Labor disputes, turnover
13,14
Labor force
11
Lamb and mutton
29
Lard
29
Lead
33
Leather and products
2,
3,6,12,13,14,15,30,31
Linseed oil
26
Livestock
2,5,6,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8, 16,17,19
Locomotives
40
Lubricants
_
36
Lumber and products
2,
3, 4, 6, 8, 9, 10, 12, 14, 15, 19, 31, 32
Machine tools
34
Machinery
2, 3, 4, 5, 6, 12, 13, 14, 15, 19, 22, 34
Mail-order houses, sales
11
Manmade fibers and manufactures
6, 39
Manufacturers' sales, inventories, orders
3, 4, 5
Manufacturing production indexes
2, 3
Manufacturing employment, production workers, payrolls, hours, earnings
11,12,13,14,15
Margarine
26
Meats and meat packing
2, 5, 6,12,13,14,15, 29
Medical and personal care
6
Metals
2, 3, 4, 5, 6, 11, 12, 13, 14, 15, 19, 32, 33
Milk
27
Mining and minerals
2, 3,11, 13,14,15,19, 20
Monetary statistics
18
Money supply
18
Mortgage loans
8,16,18
Motor carriers
23
Motor fuel
36
Motor vehicles..
__
__. 6,9,19,40
Motors, electrical
34
National income and product
1
National parks, visitors
24
National security expenditures
1,17
Newsprint
22,37
New York Stock Exchange, selected data
19, 20
Nonferrous metals...
2, 6,12, 14,15, 19, 22,33
Noninstallment credit
17
Oats
28
Oil burners
34
Oils and fats, greases.
6, 25,26
Orders, new and unfilled, manufacturers'
5
Ordnance
12,14,15
F1CE
ENTS
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $3OO
(GPO)
TAT
SINCE
1929
rfPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
L INCOME BY STATE, BY TYPE, AND BY INDUSTRY—SINCE 1929
IS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITIONS
•229 pages, quarto, illustrated, $1.50—is available from the Superintendent of Documents, U. S.
Mice, Washington 25, D. C, as well as at all Field Offices of the U. S. Department of Commerce.
@FedFRASER