The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
April 19, 1957 BUSINESS STICS °'»O^SES?^' 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 T HOUSAN0S THOUSANDS 250 1,200 Monthly PASSENGER CAR AND TRUCK PRODUCTION (United States plants) - 1,000 J 800 600 400 SA V /I V \ 150 fK V* \ / V^v 2 0 0 j l L 1 1 1 -1 1 1 1 1 1 L ^ i i i i i I i i i i i ^sPv 1955 1954 100 1956 -\ 5 0 i i i i i 1 i i i i i 1 195? 1956 INDEX, 1 9 4 7 - 4 9 = 100 INDEX, 1 9 4 7 - 4 9 = 100 180 130 TOTAL INDUSTRIAL PRODUCTION J - l - J 1 1J F M A M J J i I I I I 0 A S O N D WHOLESALE PRICES (F. R. B. seas. adj. index) 160 200 1957 I 20 — H _ Commodities Other Than ' Farm Products 8 Foods I 10 ALL -j 140 100 h j ana. n \ ^ 120 100 1 1 ' I I 1 1' ' 1954 1 1 j | | | 1955 | | | - L I 1 1 1 1 1 1 1 _L.I 1 i 1• 1 1 1 1 1 1 1 1 1 1956 90 h ^Sl Products / 8 0 tp, I M I I I I L L l J I I I I I I JL I I ,1 I 1954 S957 INDEX, 1 9 4 7 - 4 9 = 1 0 0 DOLLA 200 2.40 175 Farm MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) COMMODITIES S955 i I i M n I ii i t i I i i i i i 1956 1957 HOURS 56 MANUFACTURING HOURS & EARNINGS 52 2.20 Payrolls 150 2.00 125 1.80 soo 1.60 Average Hourly Gross Earnings 48 ( l e f t scale) 44 40 Average 7 5 Li I i i | [ 1 i II i i I I i i i i Ii i i i i I I I I i i I i ti i t I i i i Il 1 9 5 4 S955 S956 1957 1.40 Hours Per Week (right scale) 1 I i i | I M i I I i i I I i I I i I i i I i Ii i i Ii i i i i 1 i n i i Ii i i i U±J- 1954 S955 1956 S957 36 WEEKLY BUSINESS STATISTICS1 2 1956 1957 ITEM Apr. 7 Apr. 14 Mar. 23 Mar. 30 Apr. 6 Apr. 13 Commodity prices, wholesale: 1947-49-100.. do.... do.... 117.2 90.2 104.7 125.3 89.2 30,502 24,930 18,971 594 30,588 25,165 18,868 342 30,65'1 25,400 19,088 55,704 23,020 86,747 25,990 31,579 8,746 55,472 23,067 85,604 25,164 31,443 8,740 55,118 23,157 87,253 26,635 31,322 8,691 .... 318 3.97 4 4 . 10 46.99 290 3.96 44,09 46.97 231 3.96 44.54 47.47 90.9 104 1,493 1,377 88.8 113 1,665 1,539 88.6 112 1,611 1,448 30,321 25,658 18,860 538 30,300 25,481 18,917 633 30,589 25,158 19,204 603 55,392 21,640 85,454 27,852 27,578 8,344 56,211 21,607 85,447 27,696 27,683 8,377 A11 other ............do.... 117.0 89.2 104.0 125.4 88.5 113 *II3.6 *88.0 *I00.4 *I2I.6 91.9 114 1,488 1,381 Finances Federal Reserve bank credit outstanding, total 3/ do.... ......do.... Federal Reserve reporting member banks in leading cities: 47 Time deposits, except U. S. Government,. Loans and investments (adjusted), total. . . . . e . ......OO.... do.... Commercial, industrial, and agr. loans (gross)....do..,. do.... Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=10.. do.... Production: s. of short tons.. Electric power, by uti1ities.,.,...,,..».« •,mil, of kw.—hr.« Petroleum (crude) and condensate 3/.,.,,,< •••thous. of bb1,, Stee 1 1/. thoiis, of short tons.. 217 3.35 48.80 52.23 255 3.39 48.31 ]: 51.71 1 1,635 10,846 157,531 7,171 1,656 10,918 160,160 7,156 1,723 11,723 161,866 7,818 1,762 11,694 152,712 7,786 1,606 11,693 154,214 7,600 2,406 #97.7 685 370 2,483 #100.9 742 380 2,392 93.5 666 355 2,364 92.4 695 361 2,319 90.6 644 344 549 308 3,95 44.98 47.99 151,17:> 2P3I() 90.3 ±/ Data do not always cover calendar weeks, 2/ Tuesday prices, 3/ Daily average. 47 Wednesday data; S&P's index on revised basis. j>/ Week beginning April 15, 1957: Production, 2,297 thous, short tons; operating rate, 89,7 percent. *Monthly index for April 1956, #Not comparable with 1957 rates, which are based on higher capacity, MONTHLY BUSINESS STATISTICS 1956 1957 ITEM February March December January February March GENERAL BUSINESS INDICATORS Personal income, by source, seasonally adj., at annual rates: Total personal income ....••••. bil. of do I., Wage and salary disbursements, total. do..., Commod i ty-produc i ng i ndustr i es do..., Distributive industries... .do.•., Ser v Ice i ndustr ies. do..., Government. «••••* do.. •, Other labor income •••••••••••••• do..., Proprietors' and rental income........... do..., Personal interest income and dividends. .....do,.., Transfer payments ,..,. ••...«••••• do.•., Less personal contributions for social insurance,..do.,., Total nonagricultural income.........••••... do,,., Industrial production (FRB): Unadjusted, combined index, 1947-49== 100., Manufactures, ...,.«••.••.•• •••• .do. • •, DurabIe manufactures,...»..,..,,.•,»,,,.,..,,....do,,., Primary metaIs ........... .do..., Metal fabricating (including ordnance),. do..., Fabricated metal products..0 .do..., Mach i ner y, do..., Transportation equipment do.,., Instruments and related products.............do...', Furniture and fixtures.. Lumber and products, ....,„ Stone, clay, and glass products..•••••••• M i see 11 aneous manu f actures ..„,... Nondurable manufactures. Printing and publishing Petroleum and coal products.,, Minerals....*..,. Coa!...., .•..»•• Crude o i l and natural gas r/ Revised. j>/ P r e l i m i n a r y . http://fraser.stlouisfed.org/ 3fc,3?6 Federal Reserve Bank of St. Louis do..., do..., do.,., .....do..., do,•., do..., ..do..., ,,,,do,,., ,...,do..., do»«. 317.1 218.9 94.7 57.9 29.5 36.8 318.6 220.3 95.1 58.4 29.6 37.2 334.0 232.9 102.3 60.9 31.3 38.4 335,0 232.7 101.2 61.5 31.3 38,7 r336.6 r233.7 7.2 49.7 28.7 18.3 5.7 301.5 7.2 49.5 28.8 18.5 5.7 304.0 7.4 51.2 29.2 19.3 6.0 7.5 51.3 30.6 7,5 51.5 318.8 144 146 161 152 172 134 168 205 161 143 145 161 152 S7I 134 168 202 161 144 146 166 142 183 139 177 225 175 145 146 164 rl46 181 136 175 224 r!73 rl67 rl49 183 137 177 r228 rl74 123 121 150 145 122 119 153 142 125 104 156 145 118 104 rl48 136 119 MI3 151 rl37 P II9 131 130 143 127 88 15! 130 135 142 127 86 125 142 145 129 83 S55 128 136 rl48 130 84 r!57 131 139 p!33 p!43 p!42 P I33 19.6 6.7 319.7 101.9 r6l,5 r3l,4 38,9 r30.7 19.9 6.7 337.6 234.2 101.9 61.8 31.5 39.0 7.5 51.5 30.9 20.2 6.7 r32l,3 322.2 147 149 pl48 p!50 p!67 p!45 pl83 p!38 pl77 p227 p!78 r!46 r!30 86 r!55 pl!6 p!55 p!38 p88 p«59 MONTHLY BUSINESS STATISTICS — Continued 3 1957 1956 ITEM February March December January February GENERAL BUSINESS INDICATORS - Continued Industrial production (FRB) - Continued Adjusted, combined index. 1947-49=100, Manufactures. ,, ..... « ...do... Durab le manufactures . v.. do... Pr imary meta is.. do... Metal fabricating (including ordnance).........do... Fabricated metal products.. ...••.. do... Mach i nery •••... do... Transportat5on equi pment ,. ,do«. s Instruments and related products ..do... Furniture and fixtures.. ....do... Lumber and products ••.....• do.., Stone, clay, and glass products........ do... Mi see I laneous manufactures. .do... Nondurab le manufactures do... Printing and publishing...... .do... Petroleum and coal products... do... Minerals... do... Coa I do... Crude oi I and natural gas do... Consumer durables output (FRB): Unadjusted index, total..... do... Major consumer durables. do... Autos. • .do... Major house ho I d goods do... Other consumer durab les do... Adjusted index, total Major consumer durables Autos Major household goods. Other consumer durables. ,.. do... do... do... ....do... do... 143 144 158 146 168 134 163 199 161 141 143 157 145 167 132 163 196 160 147 149 167 145 183 141 176 223 173 146 147 164 144 180 137 173 221 rl73 146 147 164 143 180 137 rl7l 223 rl74 122 123 155 143 130 132 142 129 88 148 121 118 154 141 128 132 144 129 90 148 120 117 158 144 130 140 145 131 80 154 118 114 rl55 140 rl3l 141 rl47 130 80 154 r 117 rl!4 156 rl36 rl3l 141 r!45 r!3l 86 rJ52 143 157 164 153 110 143 157 163 155 108 141 154 177 137 110 rl37 r!48 174 rl28 rl 10 r!42 155 178 137 rl 12 137 149 155 146 III 133 144 145 144 108 141 154 168 143 113 r!37 rl47 169 rl29 rl!4 137 147 167 131 114 112, 86. 98, 82, 67, 99, 115, 106, 108, 76, 112.8 86.6 106. 84. 67. 99, 115. 106. 108, 74, 116.3 88.9 102.6 88.8 71.7 103.1 115.4 112.6 105.6 81.5 116.9 89.3 100.7 89.5 73.9 104.3 115,8 112.5 105.6 84.8 117.0 88.8 96.1 87.0 75.0 r103.9 115.9 112.5 105.9 83.9 120.6 106.4 I I 1.2 118.2 97.1 126.7 133.9 145 127 125 147 96 121 121 106, 110, 118, 97, 128, 134, 146, 127, 126,8 146.2 95.9 121.7 124.7 108.3 114.0 121.2 99.2 121.0 143.6 152.3 131.3 128.0 147.9 95.6 123.6 125.2 108.7 116.3 121.9 98.4 121.3 143.9 152.2 132.0 128.6 145.0 95.8 124.0 125.5 108.8 119.6 M2I.9 98.0 120.7 rl44.5 M5I.4 r132.7 128,5 r 143.9 95.7 124.1 r78.4 77.0 56.9 rl.4 98.6 93,9 69.6 4.7 r63.6 62.9 44.6 .7 65.0 62.2 44.2 2,8 65.0 62.5 45.0 2.5 1,127.0 1,094.0 1,020.0 1,010.0 910.0 13,686 15,864 19,532 14,889 r14,193 r2,948 r754 COMMODITY PRICES Wholesale price index, all commodities Farm products. Fruits and vegetables, fresh and dried Grains ..••••••.. Livestock and live poultry.... Foods, processed ..............o.. Cereal and bakery products. Dairy products and ice cream. Fruits and vegetables, canned and frozen Meats, poultry, and fish 1947-49=100. do... do... ...«.do... do... .do... do... .do... do... do... Commodities other than farm products and foods do... Chemicals and allied products do... Fuel, power, and lighting materials ..do... Furniture, other household durables.,,.. do... Hides, skins, and leather products. ....do... Lumber and wood products ..do... Machinery and motive products do... Metals and metal products....;... do... Nonmetallic minerals, structural do... Pulp, paper, and allied products do... Rubber and products.... , do... Textile products end apparel ......do... Tobacco manufactures and bottled beverages... do... CONSTRUCTION AND REAL ESTATE New permanent nonfarm dwelling units started: Unadjusted: Total, privately and publicly owned.thousands. Privately owned, total.. do... In metropolitan areas... ....do... Pub I icly owned do... Seasonally adjusted at annua! rate: Privately owned, total....... do... DOMESTIC TRADE All retail stores: ±/ Estimated sales (unadjusted), total ......mil. of dol. Durable-goods stores: Automotive group........•» ....r...do... Furniture and appliance group....................do,.. Nondurable-goods stores: Appare I group , .do... Drug and proprietary stores. .do... Eating and drinking places ..do... Food group..,,.....„ do.., Gasoline service stations... ..do... Genera I-merchand i se group,,.«.,. ............do... Estimated sales (seasonally adjusted), total... do... DurabIe-goods stores. •••• do... Nondurab I e-goods stores ...«•.. do,.. r/ Revised. o/ Preliminary, 2,812 757 3,195 808 3,122 1,194 2,996 667 451 1,041 3,446 983 1,271 15,346 5,354 9,992 1,003 479 1,114 3,939 1,078 1,649 15,740 5,466 10,274 1,694 632 1,201 4,204 1,182 3,033 16,491 5,814 10,677 785 488 1/ March 1957 fiaures are advance estimates. 776 1,096 3,838 1,137 1,328 16,439 5,706 10,733 r694 r467 r1,055 r3,6!5 r1,067 r1,276 r16,494 r5,742 r10,753 pill pl34 P I4Z p!5< MONTHLY BUSINESS STATISTICS — Continued 4 1956 1957 ITEM February EMPLOYMENT AND WAGES Labor force (Bureau of the Census)? Civilian labor f o r c e o e s a o e e eso. 8#eofflaat,saeoee<i>e ^thousands. Emp loyeds 9 e < . e s 6 e 9 S e 8 o e o s e s @ e a e e o e s s 9 f f l < s 9 S e e s e g e e « « 9 e e d o a s s Agr i cu.l fur a S emp I oyment.,,.,..., ,, # #.... a....., #. do e .. Nonagr 1 cu I tur a! emp I oyment. .....« 8 e. 8ss.e 9 ..« e .,.do® s e Unerrtp I oyed . 8 .*.... oe . a . e90 , S! . ee . s ,. ee8 . ei ,< se < B «, 9 «,. ee . 8 do«a . Employees in nonagrleu Itura I establishments! Total * unadjusted (U. S 9 Department of Labor) @89 .....do... Manufaetur i rig.•,,..,,,.,...,....,•.,,,.........•••,doe,, M i n i HCj » s © » 9 isso©© e 9 e« s s s e 9 8 6 o0s©o©oe©©«®3(!>«>e«©e©e®«® OO o « © Contract construct I o n , . . « e 6 „ 9 e 8 e . 9 « o 0 O e S e ® e e e * ® a a O *do 8 ,. Transportation and public utiSitles..••••••••••••••do... Wholesale and retail trade, 8<)e8e .... 9868S > s > a .« eaea , 8a do e< , e Finance, insurance, and real estate, •••••.«•••••'•, .do,.. Service and mlscelSaneous..«„...«.*«,,,..«,.••••••••••do,,, bo ver nmenT, 8.. © ® ^... @.... ®. ®...,. ®. ®««, @»@ © @«a ® ®»<» ® G O &,© Production workers In manufacturing industries? DurabIe-goods sndustries,,,,.,.,,^,,,,,^,..,,.,,,,,do... Ordnance and accessories... 8 e o a a . 8 8 . 8 ,...,,...„..do. e . Lumber and wood products (except furniture). e 8 a . e do 0 8 . Furniture and f ixtures,,*...... » 8S88 .............do... Stone, clay, and glass products«...* v ... # .«..... a do. a# Primary metal industries,, ..«.« 8 .;., 9 ,»,,, ee ., e ,. e9 do.,. Fabricated metal products*» a « e .. a . 8< , s . eoa<seo .. s . a do«» a8 Machinery (except electrical) , do„e E Iectr icaI machIner y ........ a ..«. 9a . e o» 0 »...do 8 . 8 Transportat i on equ s pment....a.,.,.,.,.,.....,....do,.. Instruments and related products......«,.... 8 8 a e .do e a 8 Nondur ab le-goods i ndustr i es................ 9 ...... .do.. 8 Food and kindred products.. 8aa ..... a9 .......do Tobacco manufactures,..... ••••••••.••••«•••do B9 . Text!le-mi SI products,..•••••••••••••••••*«•«•••odo 9a . Apparel and other finished textile products« a . 9 . a do, 8 . Paper and allied products, e8 • •••••, .•'-•«do«a. Printing, publishing, and allied products,,8......do... Chemicals and allied products. 8880 ,,,•••• ••••••,,do*,#Products of petroleum and coal 99.«,„.....,,„ e e 9 ...,do.. e Rubber products• ,•••••••••.••••••••••••••• ;• ..do... Leather and leather products..,.. ••••••••••-•do... Manufacturing production-worker indexes? Emp loymentt Unadjusted •.. • • • 1947-49= 100. Adjusted ..,, -., a d o a , . aaa Payrolis, unadjusted, » ,.,... , ,do... Hours and earnings: Average weekly hours per worker, ail manufacturing,,hours. Durab Ie-goods industries , , •, a. a ea do... Nondur ab le-goods I ndustr ies ••••••• do.., Average weekly earnings, all manufacturing,. a8a8 ..doi lars, Durab I e-goods i ndustr ies ,., do,.. Nondur ab I e-goods I ndustr ies. do,., Average hourly earnings, ail manufacturing,,,,,,,.,,,do,.. Durab I e-goods i ndustr ies ,•#a do, 8 , Nondur ab I e-goods i ndu str ies,... «... ,,,a do.„, March December January February 65,490 62,576 5,469 57,107 2,914 65,913 63,078 5,678 57,400 2,834 67,029 64,550 5,110 59,440 2,479 1/65,821 1/62,578 1/4,935 1/57,643 1/3,244 1/66,311 1/63,S90 1/5,195 1/57,996 "1/3,121 50,246 16,824 780 2,588 4,083 10,819 2,250 5,818 7,084 50,499 16,764 783 2,669 4,106 10,93! 2,265 5,859 7,122 53,131 17,133 811 3,029 4,180 12,092 2,308 5,976 7,602 r51,238 r16,937 -r804 r2,7!9 r4, 112 rll,l39 r2,294 5,918 r7,3!5 r5l,l99 r!6,922 r805 r2,724 4,103 rIS,062 r2,305 5,929 r7,349 13,212 7,692 86 635 322 466 1,138 899 1,274 849 1,392 231 5,520 1,013 90 989 1,131 456 540 558 170 225 350 13,125 7,621 84 619 318 472 1,130 893 1,281 842 1,354 231 5,504 1,021 82 981 1,116 457 545 566 172 221 344 13,312 7,791 83 607 318 473 1,133 909 1,289 907 1,439 236 5,521 1,082 98 942 1,088 470 566 552 173 222 329 rl3,M7 r7,703 81 r573 r3t0 r46l rl,l30 r906 r1,299 r892 r1,440 r234 r5,4!4 r1,027 r92 r929 r1,071 465 557 553 r!70 222 r327 r13,084 r7,680 r79 569 r3IO r458 rl,l20 r903 r1,308 r883 r1,439 r233 r5,404 r 1,005 88 r925 rl,090 r462 r557 r555 rS72 r289 r33i 106.8 107.2 157.7 106.1 106.4 157,9 107.6 107,2 170.9 r106.0 106.8 r!65«f r105.8 106.2 r!64e7 40.5 41.0 39.8 78.17 84,05 69.65 1.93 2.05 1.75 40.4 40.9 39.6 78.78 84,25 70.49 1.95 2,06 1.78 41.0 41.9 39.8 r40.2 r40.9 r39e2 r82.4l r89.!6 r72.9l 2,05 r2,!8 1.86 40.2 40«9 r39.3 82.41 r88.75 r73.10 2,05 r2.!7 1,86 84,05 91,34 74,03 2.05 2,18 1.86 rj Revised. j>/ Preliminary. ±/ Estimates beginning January 1957 reflect certain changes made In the definitions for employment and unemployment, etc. Figures for March 1957, comparable with data through December 1956, in order as above (thous.)i 66,749; 64,049; 5,442; 58,607; 2,700. 5*8,3 I O UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300
@FedFRASER