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August 13, 1965

BUSINESS
STATISTICS

A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
ELECTED B U S I N E S S INDICATORS

index, 1957-59™100
200

Index, 1957-59 = 100
200
STEEL PRODUCTION (ingots and sted for castings)
150

100

50. h

1962

1963

1964

NEW CONSTRUCTION
_. (seasonally adjusted at annual rate)

(seasonally adjusted)

Total

w-<

L

60

J'ASOND

Billion Dollars
30
SALES OF RETAIL STORES

Billion Dollars
80

Jf'MAMJ

1965

"

25

"

20

Total

i
Nondurable Goods

15

Private Reside ntial

40

(non f a r m )

\
^^m

—

m.* ^ ^ B B W S O ^ *

\\

__

1

*•-«««.„

1

lb

flBlOHflB BBS

\

1964

1962

1965

Delia
2.80
MANUFACTURING HOURS & EARNINGS

\

i

5

•J i 1 i 1 1 1 1 1 MU.,-I-UI..UL I .J..;-LJ. -AU^-J-^JLUJ^UU^, •JU-L.JLA •L.^.i.a^LX.

1963

-

Durable Goods

20
1962

a * , * " * *

8
„ „ „ ,_, «3i Htt * ffl * 6S S5M ^ j (SB iE»«B H E , * ^
K» Ifflp. B* fflj* • *

Hours
4B

1963

1964

1965

Sndex, 1957-59 = 100
130
COTTON CONSUMPTION
(daily average; seas, adj.)

2.60

/

2.40

Average Hourly
Gross Earnings
(left scale)
Average Hours Per Week*
(right scale)

2.20
2.00

w/n-

120

44

110

42

100

-

40

90

-

38

80

^Seasonally adjusted

1.80

i I I I I I i I 1 I I I i l l l I I I

1962

1963

1964

1965

-

46

NV

,

• ^ A - i - ^ O u - L J - L a - ..L-UJ-Lxl .ULXJUU «XJ_l,.a.jJ™J„.L -LJL_U

1962

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $6.00 annually, this Supplement
provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY




-

1963

1964

1965

WfcfcKJLY

BUdirotdd

SIAIISm**'

1964

1965

ITEM
Aug. 1
COMMODITY PRICES, WHOLESALE?
A i1 commodIties.............. =,.....,.........1957-59=100..

Ail RETAIL STORES, SALES

.

mil. $..

• NITIAl UNEMPLOYMENT CLAIMS, State program's.. B O .......thous..
State programs (50 States, D.C., and Puerto Rico)....do....
FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet)..number..
F"! NANCE:
Federal Reserve bank credit outstanding, total 2>/. ...do....

Aug. 8

July 17

July 24

July 31

102.2
99.4
105.9
102.5
102.8
5,266
3,475
232
1,240
1,116
261

102.6
98.8
105.7
102.2
103.4
5,506
3,544
217

102.6
98.8
105.8
102.5
104.0

243

304

Aug. 7

*I00.4
*94.l
*I0!.2
*!0l.i
95.6
5,074
3,271
264
1,479
1,337
230

96.6
4,951
3,380
265
1,477
1,336
276

102.8
100.0
106.3
102.4
103.0
5,347
3,537
256
1,296
1,171
226

37,814
36,381
20,335
377

37,885
36,892
20,555
346

40,201
42,128
22,103
525

40,065
41,535
21,515
195

39,901
41,20!
21,597
323

39,939
41,418
21,763
384

63,674
39,168
140,332
25,701
38,498
19.120
4 S 57
82.92
87.73

62,952
39,242
141,660
26,049
38,700
19=157
4,57
82.09
86.82

63,116
43,287
156,991
23,745
46,706
2! ,262
4,63
85.87
90.95

63,313
43,376
156,086
23,604
46,445
21.336
4,64
84.07
89.01

64,173
43,44!
155,796
23,667
46,262
21.370
4.64
84.03
89.29

4.64
85.79
90.88

1,674
20,036
79,625
7,657
2,270
121.9
565
285

1,610
20,105
22,597
7,631
2,300
123.5
574
294

1,915
21,246
218,777
7,815
2,640
141.7
581
303

1,738.
21,276
191,781
7,820
2,603
139.7
588
303

1,733
21,229
174,358
7,794
2,607
139.9
598
308

Reporting member banks (of F.R.System) in leading citiesr4/

Commercial and industrial loans ( n r o s s ) j i i i i i i S i ; d O i . i i
ReaI estate Ioans (gross)
do,...
Bond yields, domestic corporate (Moody's) 3/.„,,,,percent,,
Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10..
PRODUCTION:

Index of production
.„
1957-59=100..
PRE!GHT CARLOAD iNGS, TOTAL..........e..........„thouse cars,.
\_f Data do not always cover calendar weeks.

2/ Tuesday price.

3_/ Daily average.

Aj Wednesday data.

135,470
2 644
141 9

* Monthly index for July 1964.

MONTHLY BUSINESS STATISTICS
1964

1965

ITEM
June
CONSTRUCTION AND REAL ESTATE
NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL...
•

..do

Pubi ic, total.8B,tn. SS6........ o o o e .
do....
NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL
RATES), TOTAL... a
„...»---- -mi 1. $ _ _
........do....
do,...
..do....
i ndustr ia!
........do....
Commerc i a f »....* --.....».» .-.»»•<•.........
do....
''Stores^ restaurants, and garages,.. s. = a ........do....
........do....
do....
........do....
..do....

July

Apr.

May

June

July

6, 140
4,221
2,570
1,919

6,135
4,253
2,546
1,882

5,132
3,713
2,134
1.419

r5,609
r4,045
r2,37l
r1,564

r6,37l
r4,434
r2,637
r1,937

6,388
4,512
2,625
1,876

66,361
46,168
26,586
13,079
3,218
5,742
2,419
1,223
4,870
20,193
6,344
804
7,224

66,384
46,088
26,551
13,027
3,280
5,642
2,348
1,220
4,900
20,296
5,988
875
7,727

67,590
47,544
26,675
14,047
3,997
6,089
3,022
1,209
5,181
20,046

r69,024
r48,628
r27,308
r!4,599
r4,040
r6,574
r3,290

6, 173
888
7,396

r67,572
r47,982
r27,070
14,240
4,012
6,254
3,127
1,201
r5,034
rl9,590
r6,32l
887
6,862

69,198
48,904
27,333
14,901
4,076
6,841
3,317
1, 188
5,099
20,294
6,609

112

112

114

114

22,145
7,399
4,159
i,098
1,109
14,746
1,118
707
1,796
5,484
1,820
2,380

23,525
8,061
5; 036
1,000
999
15,464
l,4!i
736
1,699
5,38i
1,769
2,779

r23,820
r8,225
r4,984
r 1,045
rl,M8
r15,595
1,281
r749
r1,818
r5,44l
r1,847
r2,744

1, 196
r5,U5
r20,396
r6,298
7,580

CONSTRUCTION COST INDEX?
,1957-59=100..

r 1 15

115

DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
EST 1MATED SALES (UNADJ USTED), TOTA L 2 /

......mi 1. $..
do....
.do....
........do....

r/ Revised.
2.9042

U Except farm and public utilities*




22,242
7,719
4,387
1,112
1,129
14,523
1,238
705
1,711
5, 1 14
1,754
2,491

2/ Data for July 1965 are advance estimates.

r23,790
r8,432
r5,044
rl,M8
1,182
rl5,358
r 1,226
r747
r1,854
r5,4!3
r1,888
r2,693

24,138
8, 127
4,746
1, 190
1,173
16,011
1, 189
761
1,987
5,934
1,988
2,609

MONTHLY BUSINESS STATISTICS—Continued

3

1964

1965

ITEM

July

Apr.

21,773
7,002
3,885
1,108
992
14,77!

21,935
7,060
3,989
1,107
954
14,875

22,865
7,550
4,455
1,086
968
15,315

r23,352
r7,703
r4,538
r1,085
r1,030
r15,649

r23,299
r7,744
4,560
1,115
1,048
rl5,555

.do...,
do...,
do...,
do...,
do...,
do...,

1,322
721
1,623
5,202
1,683
2,620

1,316
726
1,642
5,261
1,70!
2,686

1,253
760
1,741
5,400
1,798
2,781

1,326
r749
r1,767
r5,405
r!,8!8
r2,9l3

1,301
76!
i,75l
5,480
1,819
2,806

do...,
do...,

30,118
30,180

29,851
30,129

31,583
30,951

31,514
31,077

31,31!
31,338

May

June

DOMESTIC TRADE—Continued
RETAIL TRADE, ALL RETAIL STORES—Continued
ESTIMATED SALES (SEAS. ADJ.), TOTAL!/
Durable goods stores
Automot i ve group
Furniture and appliance group
Lumber, building, hardware group
Nondurable goods stores

mil. $.,
do...,
do...,
do...,
do...,
....do...,

Apparel group
Drug and proprietary stores
Eating and drinking places
Food group
.
Gasoline service stations
„
General merchandise group
ESTIMATED INVENTORIES:
Unadjusted, tota I
Adjusted, tota I
RETAIL FIRMS WITH 4 OR MORE STORES:
Estimated sales (unadjusted), total
RETAIL FIRMS WITH II OR MORE STORES:
Estimated sales (unadjusted), total..
Appare I group
Eating and drinking places
General merchandise group
Grocery stores
Lumber yards, building materials dealers
Tire, battery, accessory dealers

do...,

6,109

6,157

6,794

r6,694

6,624

do
do...,
do...,
....do...,
do...,
do...,
do...,

5.107
335
131
1,698
l,98i
79
115

5, 169
292
134
1,605
2,158
81
108

5,594
406
132
1,868
2,222
67
108

5,507
349
140
1,863
2,163
84
115

5,446
338
144
1,833
2,11!
90
118

Estimated sales (seasonally adjusted), total
Apparel group
Eating and drinking places
General merchandise group...
Grocery stores
Lumber yards, building materials dealers
Tire, battery, accessory dealers

do...,
do...,
do...,
do...,
do...,
do...,
do...,

5,240
349
127
1,759
2,066
67
100

5,311
351
126
i,79i
2,084
67
96

5,470
346
134
1,842
2,164
66
107

5,619
352
137
1,968
2,176
78
109

5,563
351
138
i,883
2,190
77
103

thous.,
do...,
do...,
do...,
do...,
do!e!
,

76,645
71,953
5,853
66,100
4,692
1,007
6.1

76,218
72,405
5,819
66,586
3,813
857
5.0

74,621
71,070
4,473
66,597
3,552
1,050
4.8

75,74!
72,407
5, 128
67,278
3,335
804
4.4

78,003
73,716
5,622
68,094
4,287
762
5.5

74,305
70,345
4,826
65,519
3,960
1,066
5.3

74,188
70,496
4,864
65,632
3,692
962
5.0

75,377
71,717
4,843
66,874
3,660
809
4.9

75,443
7 1,937
4,958
66,979
3,506
696
4.6

75,676
72,I 18
4,659
67,459
3,558
806
4.7

58,104
17,285
639
3,106
3,965
12,187
2,943
8,509
9,470

58,256
17,344
639
3,107
3,983
12,223
2,948
8,561
9,451

59,913
17,896
629
3,186
4,04412,563
2,997
8,763
9,835

r60,I 10
rl7,9l5
629
r3,207
r4,057
r12,636
r3,005
r8,797
r9,864

r60,362
r18,040
r63l
r3,2IO
r4,067
r12,663
r3,0ll
r8,8l6
r9,924

12,847
12,794
7,292
7,219

12,768
12,839
7,227
7,271

13,176
13,318
7,619
7,649

r13,254
rl3,32l
r7,674
r7,644

r13,489
r13,429
r7,8l2
r7,733

EMPLOYMENT AND POPULATION
CIVILIAN LABOR FORCE, TOTAL, UNADJUSTED
EMPLOYED
Agr i cu I tura I emp I oyment
Nonagr icu Itura I emp loyment
UNEMPLOYED (ALL CIVILIAN WORKERS)
Long-term (.15 weeks and over)...,
Percent of civilian labor force

CIVILIAN LABOR FORCE, TOTAL, SEAS. ADJUSTED
thous.,
EMPLOYED
do...
Agr icu Itura I emp loyment
do...,
Nonagr icu Itura I emp loyment
do...,
UNEMPLOYED (ALL CIVILIAN WORKERS)
do...
Long-term (15 weeks and over)
do...,
Percent of civilian labor force
EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
TOTAL, SEASONALLY ADJUSTED
thous.,
Manuf actur i ng
do...
Mining
..do...,
Contract construction
do...
Transportation and public utilities
do...
Wholesale and retail trade
do...,
Finance, insurance, and real estate
do...
Services and miscellaneous
do...
Government
do...
PRODUCTION WORKERS ON MANUFACTURING PAYROLLS:
TOTAL, UNADJUSTED
do...
SEASONALLY ADJUSTED
do...
Durable goods industries, unadjusted
do...
Seasonal ly adjusted
„
do...
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Mach i nery
Electrical equipment and supplies
Transportat i on equ i pment
Nondurable goods industries, unadjusted
Seasona I ly adjusted
Food and kindred products
Textile mill products
Apparel and related products
Paper and allied products..... „,...«„„„ „* „ * „
Printing, publishing, and allied industries
Chemicals and allied products

do...
do...
do...
do...
do...
do...
do...
do...

556
334
513
1,005
927
1,130
1,022
I, 143

560
333
514
1,003
909
1,120
1,022
1,117

518
349
498
1,061
972
1,197
1,108
1,248

r533
r346
r506
rl,06l
982
r1,199
rl,M5
rl,26l

r559
r352
r5l7
rl,080
r999
rl,2l3
r1,136
1,268

do...
do...
do...
do...
do...
„dc,..
do...
do...

5,555
5,575
1,126
807
1,161
498
603
533

5,541
5,568
1,171
793
1,133
492
599
530

5,557
5,669
1,052
822
1,191
496
615
546

r5,580
r5,677
r1,072
822
I, 192
r496
r6l5
r545

r5,677
r5,696
r!,M2
r83i
r1,217
r505
r-618
544

r/ Revised. £./ Preliminary. J/ Data for July 1965 are advance estimates.
29042




MONTHLY BUSINESS STATISTICS — Continued
1965
ITEM
July

EMPLOYMENT AND'POPULATION—Continued
PRODUCT!ON W O R K E R S O N M A N U F A C T U R I N G P A Y R O L L S — C o n t i n u e d
A g g r e g a t e weekly payroll index;
Manufacturing (production w o r k e r s ) , unadjc * <, E9r57—59=i00o.,
HOURS AMD EARNINGS PER P R O D U C T I O N WORKER ON PAYROLLS OF
M A N U F A C T U R I NG E S T A B L I S H M E N T S s
A v e r a g e weekly gross hours., mfg„ Indus.,, u n a d j 0 w , > „hours, „
..do..,.
Seasonal iy a d j u s t e d . „

Apr.

May

June

•25 a 8

i24Bl

131,7

134.7

r137.7

40,9
40.6

40.7
40.6

40.7
40.9

4S.2
41.1

41.3
41.0

D u r a b l e goods Industries,, unadjusted o c , ,00 „
S e a s o n s \ iy a d j u s t e d u

a ,do B .,-.
..do..,.

41.7
4L4

41,3
41.3

41.6
41.7

42.1
41.9

42.2
41.9

Nondurable goods industries, unadjusted* c ,.
Seasons I \ y adjusted„,, 0 ,. e.,u.,.., ._..a f,c.,:.. 0. u a c

.«,dot..t.B
..do,. a o

39.9
39.6

39.8
39.5

39.4
39.8

40.0
40,0

40.1
39.8

2.53
2.71
2.29

2.53
2.7 i
2.29

2.60
2.78
2.34

2.61
2.80
r2.35

2.62
2.80
2„35

5.1
4. !
3.6

4.4
4.0
2.9

3.8
3.9
2.6

r4. I
r4^0
r2.9

p5.5
p4.4
p4.2

3.3
3.9

4.4
4,2

3.7
4.1

r.3.6
r3.9

p3.4
p3.8

1.4
1.6

1.5
2.1
2.0

1.7
1.3
1.5

rl.7
1. I
1.4

pi.7
pi.0
pi.3

. . m i l , $ao
oa,„do.,BO„
,.,cdo..ui
,.81doi(„
o.s.do....

57,742
36,589
79
34,794
15,185

57,882
36,797
239
35,05;
15,188

61,688
40,071
568
37 ; 754
14,144

6! ,475
41,169
545
38,686
14,023

62,632
A!,159
657
39,100
13,670

!. i ab i 111 i e s , t o t a \ :aj. a..».<,„ „. <,«c .,,.
aft.0do3...
D e p o s 1 ts ; , tota I a „ . u.. it 0 0 . » . .•.. u .. <>....»...... . . . „ d o . , Q .
M e m b e r — b a n k reserve b a ! a n c e s , oa,. o c . U o o . a.
....do..„.
Federai Reserve notes in circuiat ion.......
....do....
Ratio of goJd certificate reserves to FR note liabilities
bi I i t i e s

57/742
18,250
16,973
32,835

57,882
!8,445
17,327
33,109

6!,688
19,557
18,259
34,662

61,475
19,625
18,006
34,974

62,632
!9,278
18,229
35,444

percent..,

46.2

45.9

40.8

40.1

38.6

4,745
10,217
-5,472

10,492

i1,857
10,567
1,290

15,306
11,535
3,771

Avg„ hourly gross earnings,; mfg„ ;ndustr test e,, u (), :a do M a r s . ,
Durable goods industr ies a „. = ....:....... * i»n ,..:..<-.. .do....
Nondurab le goods industries* eo„o«..:.o«,o.o<.».o.o0.,..dOe00a
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS;
Accession rate, tote! aii 0 . ao month ly rate per iOO employees,,.
Seasonal iy a d j u s t e d u „ „,, a „,,S!ao „ „ c a aoooo .--,..».,. o. .. *do„c..
w e w h i r e s „ . .., 0.. „ a L.. 4. „,,.,. 0 . » ° r» ».««, 3.. <....»<,.. »....do..6.
S e p a r a t ion r a t e , t o t a L . o t -.a. u o«c.. ^ e:. a... c B *.. s J . « a . do t . „ „
Seasona I I y a d j u s t e d a . . „., 0,., c „,„,,.u „.0 „ „ „ . , , „ , „ , , , d o , . „,
QU !t, „ , , a .c ., , ,. , ,, r , „ „ 03 r. =c „ ,e , * , ,.
Layoff o a *.6 . «. o o f. -^

a

e , , o , , , - , ,.«..,.„« d O , r ., ,,

c. o . 3 u c, C o o a - o » . c 3 » o . . o e o c o c o . o u u . « d O » . o .

S e a s o n a i i y adjusted,,BO 3 . » B . » « . . . . a . . . . . . . . » o w.... do....

i

-a

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH.
Assets.. tota! * . „ . „. „ „ 0.. „,.. a <> c.. . <-... D e. . . ,,
Reserve bank c r e d ! t outstand i ng, tota i „ u a,,,
D \ scounts and advances....;, f.,.....,,...,,.,,,.,.,..,.. r.,
U o S a G o v e r n m e n t secur iti'es0 3 0 ., - .,, „ :>nn., 0 J =
G o i d cert I f! cate r e s e r v e s „ ouaooo. a... ,•,

FEDERAL GOVERNMENT FINANCEt
Net cash transactions (Federal) with the public 1/
Rece I pts from,, „... 0. c... ^... e. „ „. B „... „ „.... „, . . m i l . $ . .
Payments to...•.•...••...............••....•• . . . . d o . . . .
(-).„........

.....do.,..

14,376
10,502
3,874

Seasonally adjusted q u a r t e r l y t o t a l s ;
Rece I p t s 1 1 0 3 . , Q . B . a o 0 o o . . o w . U C B O t f . . . e o 3 . o s . 0
Payments..BB......0........................
Excess o f r e c e i p t s , or n a v 'ments !*™"1

....do.JBO
....do....
....do....

r28,655
29,869
r™ i 2 !4

Excess o f r e c e i p t s , or payments

r/ Revised. £ / P r e l i m i n a r y ,
USC0MM-DC—29042

32,737
32,255
482

j / Other than b o r r o w i n g .

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