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April 12, 1957

BUSINESS

STATISTICS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected
weekly and monthly data subsequent, to those published in the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
INDEX, 1941-43 = SO

INDEX, 1941 - 4 3 = 10
70

70
Monthly

PRICES OF 4 2 5 INDUSTRIAL STOCKS

Weekly

(Wednesday close)

60

60

1956

\
50 h

\
'957

40

_,

30

30 h

2 0

i- \

|^—L_I»J_JJ™J™J^^

1954

S955

\

I

I

8 \

8 I

i

I I

8 \ I

1956

BfLUON DOLLARS

350

4 Q

I

I

I

\

I

I 8

1957

8 8 8 8 I I I t i l
L/J
J F M A M J J A S O N D

BILLION DOLLARS

NEW CONSTRUCTION ACTIVITY

. PERSONAL INCOME

(seasonally adjusted)

(Seasonally adjusted, at annual rates)

Totai

A

r*»

300
Total
|_

250

Private

Residential

(nonfarm)

Wage and Salary
Disbursements

200
M-l-t

it

1 M M I

I.1.I...U i f

1954

8 8 1 I § f I I I i i 1 1 i 9 I I I I 8 I I I I I i I 8 I

1955

1956

1957

BILLION DOLLARS
50

O 11 i i M i i i i i i I i n i i I i i i I I » i i n t I i i n i 1 i i n t I i i i i i
1954
1955
1956
1957

INDEX, ! 9 4 7 - 4 9 = I 0 0

I 20 s

CONSUMER CREDIT OUTSTANDING

COTTON CONSUMPTION

(short- and Intermediate-term)

(daily average; seas, adj.)

ISO

IOO

Installment
Credit
(end of month)
10 Lj » i i » I i i i M I i i i i i I i i i t M t n I » h i i i i I i n n I i i t i i
!954
I955
1956
I957




LyTtWv

90

8 0 LLlJ-UJLlJLJ.^^
I954

l i t ! JjJj-JLiJ I l.,,L.iJLU._ljJ ( I l l l H I 8
S955
1956
1957

20

WEEKLY BUSINESS STATISTICS1

2

1957

1956
ITEM
Mar. 31

Mar. 16

Apr. 7

Mar. 23

Mar. 30

Apr. 6

Commodity prices, wholesale:

90.2
122
1,493
1,370

•112.8
•86.6
•99.2
•121.0
90.9
i04
1,493
1,377

116.9
88.7
103.7
125.4
88.8
507
1,723
1,593

30,249
25,66!
19,028
573

30,321
25,658
18,860
538

30,609
24,79!
18,654
427

30,589
25,158
19,204
603

30,502
24,930
18,971
594

55,733
21,618
85,631
27,995
27,781
8,341

55,392
21,640
85,454
27,852
27,578
8,344

56,905
22,929
85,653
25,676
30,844
8,740

55,704
23,020
86,747
25,990
31,579
8,746

55,472
23,067
85,604
25,164
31,443
8,740

263
3.33
48.51
51.80

217
3.35
48.80
52.23

301
3.97
44.04
46.88

318
3.97
44,10
46.99

290
3.96
44.09
46.97

1,719
10,992
149,863
7,149

1,635
10,846
157,531
7,171

1,704
11,650
161,904
7,799

1,723
11,723
161,866
7,818

1,762
11,694
152,712
7,786

2,452
#99.6
725
382

2,406
#97.7
685
371

2,401
93.8
689
356

2,392
93.5
686
355

2,364
92.4
695
361

....1947-49=100..
.do....
Al 1 otheir

1 16.9
88.9
103.9
125.3
88.8
113
1,668
1,539

116.9
89. !
103.9
125.3
88.5

117.0
89.1
104.1
125.3
88.6
112

F i nance:
FederVl Reserve bank credit outstanding, total 3/....do..,.
do....
Federal Reserve reporting member banks in leading cities:4/
Time deposits, except U. S. Government..
Loans and investments (adjusted), total.
do....
Commercial, industri-af, and agr. loans (gross)...do....
do....
Failures, industrial and commercial
Bond yields, domestic corporate (Moody's)
Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43*10..
do....
Production:
. of short tons.,
.mi 1. of kw.-hr..
..thous. of bb1,.
. of short tons..
.thous. of cars..
do

30 588
25,165
18,868

342

231
3.96
44.54
47.47

156,834
2,319
90.6

±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. ,4/ Wednesday data; S&P's index on revised basis. 5/
Week beginning April 8, 1957: Production, 2,328 thous. short tons; operating rate, 91.0 percent. «Monthly index for March 1956. #Not
comparable with 1957 rates, which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1957

1956
ITEM

January

February

November

January

December

February

GENERAL BUSINESS INDICATORS*
Personal income, by source, seasonally adj., at annual rates:
316.7
219.0
94.8
57.9
29.5
36.8

Less persona! contributions for social insurance...do....

317.1
2(8.9
94.7
57.9
29.5
36.8

333.5
231.0
101.1
60.6
31.1
38.2

7.3

7.2

7.4

49.4
28.5
18.2

49.7
28.7
18.3

51.7
30.3
19.1

r335.0
r232.7
rlOI.2
r6l.5
r3l.3
r38.7

334.0
232.9
102.3
60,9
31.3
38.4

7.4

1

5!.2
29.2
19.3 1

336.7
233.9
101.9
61.6
31.5
38.9

7 5

7.5

r5l.3
30.6
19.6

51.5
30.6
19.9

*

5.7

5.7

6.0

6.0

6.7

6,7

301.6

301.5

317.9

318.8

r3l9.7

321.4

2,530
2,491
!,2I2
1,279

1,972
1,945
1,180

3,306
3,216
1,749
1,467

2,768
2,728
1,406
1,322

2,574
2,530 !
1,146 i
1,384 |

364
630
265

346
580
234

342
806
301

371
615
321

384
756
220 |

102
113

80
71

132
163

112
13!

104
107

94

87

108

97

102

p90

122
117
126

97
72
116

157
176
142

128
131
125

119
108
126

p!!3

Farm income and marketings:
Cash receipts from farming, including Government payments,

Indexes of cash receipts from marketings and CCC loans,
unadjusted:
All commodities...
1947-49*100..

765

p2,032
p2,00l
p775
pi,226
p36l
p633
p209

p82

1

P72

Indexes of volume of farm marketings, unadjusted:

p95
p72

£/ Revised. £/ Preliminary. •REVISED DATA—Manufacturers' inventories for February 1957 shown in the April 5 issue of the Weekly Supplement have been revised as follows (mil. of dol.): Unadjusted data—total, 52,236; total durables, 30>274; primary metal, 4,320; machinery
(incl. e l e c ) , 10,237; transportation equip, (incl. motor vehicles), 7,518; lumber and furniture, 1,804; seasonally adjusted data—total,
51,847; total durables, 30,129; primary metal, 4,327; machinery (incl. e!ec,), !0,2H; transportation equip, (Incl. motor vehicles), 7,479;
[umber and furniture, 1,804.




MONTHLY BUSINESS STATISTICS—Continued

3

1956

1957

ITEM
January

February

November

December

January

DOMESTIC TRADE
AJ I reta i1 stores j
Estimated inventories;
Unadjusted, total,•.,..••
•.••••••••mil* of dol,
Durable-goods stores,.•••••••••••••••••••*•••••••.do..,
NondurabIe-goods stores,••••••••«•«••••••••••••••.dp,.,
Adjusted, tota!•••••• ••„••
•,•••••••••.••••• do,.,
DurabIe-goods stores•.••,••••••••••.••••........••do,.«
Nondurable-goods stores
•••••••••••«••
do,•,
Firms with II or more stores, estimated sales:
Unadjusted
••••••••••••••••••••••*•••••••••••do.•,
Adjusted,.
•••••••••••••••••••••
•••«•
do,,,
Wholesale trade:
Sales, estimated (unadjusted), total..,,,,,,•,,..,....do,,,
DurabIe-goods estabIishments•••••••••••••••••••,•••«do,,<
Nondurable-goods estabIishments,••••••••••••••••••••do.•,
Inventories, estimated (unadjusted), total.••••••••...do,.,
Durab I e-goods estab I i shments
,
do,.,
Nondurable-goods estabIishments,.,,.•••••.••••...•..do.,,

22,790
10,870
11,920
24,080
11,390
12,690

23,840
11,330
12,510
24,210
11,450
12,760

24,750
10,450
14,300
23,490
10,420
13,070

22,400
9,940
12,460
23,860
10,700
13,160

22,890
r10,380
ri2,5IO
r24,OIO
r10,770
13,240

2,449
2,936

2,464
2,905

3,337
3,132

4,136
3,139

2,691
r3,l08

9,360
3,120
6,240
12,480
6,280
6,200

9,540
3,230
6,310
12,570
6,470
6,J00

11,160
3,670
7,490
13,640
6,590
7,050

10,570
3,410
7,160
13,310
6,540
6,770

10,300
r3,320
r6,980
r13,180
r6,650
6,530

37,848
28,886

37,474
28,915

40,631
31,024

41,863
31,552

40,916
31,298

2,885
3,019

2,918
2,889

3,387
3,174

3,735
3,207

r3,079
r3,333

3,432
3,107

3,317
2,946

3,453
3,160

3,368
3,185

r3,5l2
r3,3ll

2,940
2,313
2,908
2,232
8,737
5,486

2,922
2,297
2,970
2,292
8,689
5,491

2,975
2,368
2,804
2,248
9,660
6,023

2,554
2,003
2,390
1,883
9,824
6,143

2,720
2,159
2,625
2,116
9,863
6,130

rl,157
1,250
r676

1,141
1,215
680

917
1,176
635

920
1,109
587

906
1,216
643

116,520
93,562
54,618

113,616
93,533
54,466

89,977
82,717
47,979

92,311
76,352
44,268

93,886
85,977
51,508

158,618
123,343
27,954

165,398
128,598
30,833

164,114
126,900
28,284

158,725
125,569
34,080

169,240
133,826
30,090

37,629
43,950
107,800

37,894
r3l,7ll

34,391
41,294
101,000

34,498
56,095
89,700

36,009
54,063
101,400

117,168
3.1,034
129,133
57,637

117,531
39,930
130,617
55,164

121,051
35,196
102,688
59,111

118,078
39,129
r 115,572
r57,020

120,975
40,559
118,124
55,465

8,094

V735

8,522

6,838

9,601

Motor vehicles, factory sales, total,••••••••••••••••.number
Coaches, tota I
•••••
do,.
Domestic,, ,.«•••••••
,
••••••do,.

690,253
253
242

663,586
278
274

667,187
233
186

700,740
228
103

r7l9,43l
269
257

Passenger cars, total,,,,
do,,
Domest ic«•••••.••.•..,•.••••••««•...•••«••••••••••••do,.
Trucks, tota I • •
••••••••••••••.
do..
Domest i c........„....
• do..
Railway equipment, American Railway Car Institute:
Freight cars:
Shi pments, tota I
•.. number
Equipment manufacturers, total,..,............••••do..
Domestic...
.•••do..
RaiIroad shops, domestic.......
.do..
Passenger cars, equipment manufacturers:
Orders unfilled, end of month, total
,
do..
Domestic...
..........do,.
Shipments, total
.do..
Domest ic
do..

591,032
569,846
98,968
83,752

560,924
536,680
102,384
83,752

576,708
556,931
90,246
74,870

617,599
598,394
82,913
66,123

628,045
610,678
r9l,H7
r73,208

4,199
2,981
2,981
1,218

4,995
3,266
3,264
1,729

6,740
4,367
4,322
2,373

7,260
4,272
4,272
2,988

7,822
4,686
4,686
3,136

903
884
42
42

858
837
53
53

791
679
5
5

842
724
9
5

840
728
9
3

FINANCE
Consumer credit (short- and intermediate-term):
Total outstanding, end of month,.,,,,,.,.,,,,,,mi I, of do I,
installment credit, totals...•.•••,...,..,,.,.,,,,.do..,
Installment credit extended and repaid:
Unadjusted:
Extended, tota I.
•••....••
do,.,
Repaid, total,,,,,.••••••••••••••••••
•••••••do..,
Adjusted:
Extended, tota I.
•••••••••-•••••••••••••••» .do..,
Repaid, total.,...,...
,
..do..,
LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association):
Production, total
........
.mil. of bd. ft,
Softwoods
•.,«•••••
•••
•••• do,.,
Shi pments, tota I
••••••••••••••••••
••. .do..,
Softwoods,•••.•••••••••••••.,.••
••••••••••••••do.,,
Stocks, gross (mill and concentration yards), total...do.,,
Softwoods
•.•.•••••••••••,••,.. do..,
METALS AND MANUFACTURES
Castings, gray iron:
Orders, unfilled, for sale..,,....*..,thous. of short tons,
Shi pments, totaI.......................9
do..,
For sale
..••*...................
........do..,
Castings, malleable iron:
Orders, unfilled, for sale....
,••••••••••••short tons,
Shipments, total.,,
•••••do.,,
For sale,..,•••••••••.••«,
•••••••do..,
Castings, steel:
Shi pments, totaI.,,,,,,.,,,.
•••••••.•••••••••••«do.•,
For sale, total
,
••••••do,,,
Rai Iway specialties,,,,,,,.
,
...do,.,
Lead:
Production, secondary, estimated recoverable....,
do,.,
Imports (general), ore, metal........
•••••••••do,.,
Consumption, totaI
••••••••••*••••••••••••••••••do.,
Stocks, end of month:
Producers', ore, base bullion, and in process,,.,...do,.,
Refiners' (primary), refined and antimonial...
do.,,
Consumers', total
.do..
Scrap (lead-base, purchased), all consumers...,
do..
Pumps, steam, power, centrifugal and rotary:
Orders, new....
..••••••thous. of do I

98,000

TRANSPORTATION EQUIPMENT

r/ Revised.
3 8,3*/




MONTHLY BUSINESS STATISTICS — Continued

4

>

1957

1956

ITEM
February

March

December

January

February

March

COMMODITY PRICES
Prices received and paid by farmers;
Us O p S e o 9 o e © 9 o ® 9 o c » < 3 o o o s s e © e © e - e a a e s © o e o i s © 9 s 3 0 o s - 9 a i i 3 s © a G O a a e a

Commercial vegetables, fresh market,•••'•••••••••••do«,««
U O T T O n **•«••••.•*•••'••*••«•«•••••••••••••••'•'••. eeeee 9© a «0 •

Feed grains and h a y e 8 8 9 0 e e « e 8 e 9 e e 9 e e 8 e « 9 e e 9 0 8 e , e ? < 1 d o e , e e
r OOO

g r S t n S e»©©o©e>e9ffl«<eGe©9©<3©e.»ea'<sic>Qe»a@se<5SQ<s<S3 a U © e s e e

011 -bearing crops
Potatoes

„,..

»..O«H

«.<io....

J,/a a a • • a a • • • • • • • a • » • • • • « • • • • • • o • • • • • • • • • « d © a 0 « ©

T O D a C C O a «©oo©a90Gffloases©e><8«>£. Q 9 a s ® Q » o a > e s o < 5 0 * 3 « s o o © a U ©

99©

a

,

Livestock and products« ,,...„««*,.«*««».«««««......do.«..
D a i r y p r o d u c t s * 9 « 6 @ a a 0 @ @ @ & 9 . s @ a « m m 9 t t t t s e s & s a e i & & e & 9 , • »d©««©*
pfleaT

a n 1 m a I S a a s a e e a e a s e s e a e a e s e e e a s s a e e e s a a a o a o e e a CSO 9 9 <» e

WOOlaoeaee^eaoaseeasaeeceeaaedeaaeeaaeeeeeeeaeeeaa

GO®9 as

Prices paid!
A M commodities'and services,,
,.e,.».»e.»«.do,,,t
Fami ly 1 iving items,,
.«.«„..,...
oedo8,»a
Production

!temS

9

sseessessaeeeeeseeeseeeeeeeaaae*

9

d©

e

«*e

ASi commod»,services,int«,taxes, and wage rates # # c « a do # . # «
r^Sl i X y

8aX §©@ese9e@®<9@s<se@<B@e@@@@&@aeeeea@$@deaQe9a«a

aQOs a a *

Retai1 prices
All commodities (U«S e Dept s of Commerce index),1935-39s100 e *
CONSTRUCTION AND REAL ESTATE
New construction (unadjusted)* x © t a l e 9 e e * e e « * e 8 e * m i | . of dol e e

234
233
225
255
131
235
221
260
153
458

237
236
236
252
139
235
237
265
148
459

221
250
221
187
224

234
275
239
165
256

237
269
254
155
262

234
266
249
157
267

238
260
263
150
274

261
274
246

268-

269
283
255
292
82

271
284
256
294
80

272
284
259
295
.80

228
236
258
267
174
223
211
245
196
453

220
257
2S5
188
226
259
272
245
280
8!

237
240
277
262
185
234
216
264
158

81

283
252
290
82

207 9 7

208*2

2l3a9

214.1

2,82 S
2,088

3,071
2,260
1,116 •
1,000

3,370
2,472
1,202
1,060

r3,075
r2,2l2

998
895
73
648
225
252
101
334

Residential Cnoofarm) e s s f f i B e ,, l t «««i»i««i>M<M«Mo<<iOi>M

46 S

238
239
249
256
187
236
227
266
S62
457

227
233
264
262
173
220
212
239
175
452

r28l

86
655
226
257
109
373

102
768
270
272
90
402

733
284
82
200

8!l
301
89
225

898
31 i
108
250

3,636
2,522
1,280

3,570
2,528
1,268

687
S29
418

705
128
419

1,114

1,042

H 1g H W a y 0 8 » » » ( i « 8 5 » » « » e 9 » 0 8 » s 9 « 6 e » e 6 t i e » 0 « » e 9 « e i i e 6 « e « c « Q © • « a «

338
447

320
395

Construction cost Indext
Department of Commerce composife,,,*^.,^.,^.!947-49= S00 e *

I27 e 8

128*7

Additions and aiterations« e a®ea a «aee«a«®«aea«ea e a®do e « a «
2/6t>&&6&@eB&a&@&(>@@B9doae@e

Nonresidential building* total

9nOUSTrI9i,«i»»tiiit,t,«t»)«i«>»««tttaa«©8©«»»a*»«

P U D 1 iC ,

QOa ea e

TOXa §a&oaeaeaeesaeassssea$eae»<»0eeaeee«see®eoa 0© eece

Nonresidential bui Iding.**,

••••••••••

do,,.*

New construction (seasonally adjusted), total•••••••••««do#.s«

Farm construct!on<>«<,• ..>.
P U b S iC ,

Me«M««i«t

«ttn«(iotH,

tOta teseeseedeeeeeeeeeoadaeeaaeaeeeaaeea^^eaea W o «

Nonr es 1 dent i a 1 bu i 1 d i ng

r / Revised*

®•

w...Jo,.,,

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UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
O F F I C I A L ©U&IN1S®

FIRST CLASS

WEEKLY SUPPLEMENT

SOiWEY OF CURRENT" BUSINESS



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1,239 1
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1,887
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3,172
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105
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863
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93
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800
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3,695
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1,173

362
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367
429

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PENALTY FOR PRIVATE USE T© AVOID
PAYMiN? OF POSTAGE, $300