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August 15, 1958
BUSINESS
STATISTICS
° ' sus ™ss t«-°*
A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only with subscription
to the SURVEY
Of
CURRENT
BUSINESS, at
$4.00
weekly and monthly data subsequent to those published
annually,
this Supplement
in t h e l a t e s t m o n t h l y
provides
selected
SURVEY
SELECTED BUSINESS INDICATORS
Index, 1 9 4 7 - 4 9 * 100
275
ELECTRIC POWER PRODUCTION (by utilities)
Index, 1 9 4 7 - 4 9 = 100
275
Monthly
Weekly
j
(E. E. !. seas. adj. index)
250
1
_
—|
250
1958
I
\^
225
BSi
^
225
1957
i^"^
200
175
i i i
i t !
> i
\
-
i
i
i
i
i
Bil lion
i
i
1 i
i
i
i
i
-X-LJ—1
1956
1955
1
1 I 1 1 1 1 1
1
8
S
i
1
i
1
9
t
t . _
1958
1957*
H 200
, \ \ i I i J
J F M A M J J
t
I I I
LJ.
1 75
A S O N D
Index, 1 9 4 7 - 4 9 = 100
Do! lairs
180
20
SALES OF RETAIL STORES
DEPARTMENT STORE SALES & STOCKS
(seasonally adjusted)
(seasonally adjusted)
160
h
Stocks
(end of month)
140
h
S 20
Durable
Sales
h
Goods
I I I I I I 1 M I I I I M I I I | I| |I
S955
Index, 1 9 4 7 - 4 9 =
1 I I I I I I I I 1 I
1956
1957
11 I 1 I i I I 1 1
100
1 ' ' I' i I i i i i i 1 i i i i i I i i i i i 1 i i i i i I i i i n I »''• l j || | j |
1955
1958
1956
1957
1958
Doilars
100
Hours
2.40
200
MANUFACTURING
PAYROLLS
EMPLOYMENT
(production
56
MANUFACTURING HOURS & EARNINGS
&
workers)
2,20
175
150
52
Average
Hourly
Gross
Earnings
i left scale)
\
2.00
48
1.80
44
Payrolls
125
h
Employment
40
1.60
§00
Average
75
LI 1 I | | I i M I I
1955
ii
i I
i i i i i
1956
1 i i i
i i I i i
Ii ii I i I I i i
1957
1958
L 4 0
U u
Hours Per
(right scale)
Week
I I 11 i i i i I i i ) i i I i i 11 i
1955
1956
IIii i I i i i i i
1957
J
11 i i I I I i i
1958
36
WEEKLY BUSINESS STATISTICS1
2
1957
ITEM
August 5
j
August (0 J
1958
July 19
July 26
August 2
August 9
Commodity prices, wholesale:
.....1947-49*100.,
A11 other
do.,,.
do....
....,...,.,
..do....
90.2
ill
1,287
I, (85
28!
* 118.2
*92,8
* 107.2
* 125.7
90.2
(18
1,272 1
1,173 i
265
119.3 !
95.4
112.7
125.7
86.6
110
**2,764
2,522
279
119.3 1
94.1 !
112.4
126.0
86.9
III
**2,63l
2,389
264
119.4
94.8
112.7
126.0
87.2
114
119.3
93.8
112,0
126,1
87.6
271
290
31,170
26,212
18,296
560
FInance:
Federal Reserve bank credit outstanding, t o t a l , 5 / , . . . . d o , . , .
30,910
24,932
(8,885
392
30,983
25, 124
18,868
537
31,575
26,598
18,518
562
31,217
26,328
18,712
788
31,086
26,005
18,462
634
55,550
23,585
86,565
25,241
31,738
8,675
55,096
23,633
85,955
24,82(
31,742 1
8,665
55,654
28,334
94,153
32,154
29,945
8,942
56,440
28,365
93,825
32,066
29,651
8,950
56,649
28,398
93,5(2
32,002
29,545
8,970
4.31
47.91
51.88
4,34
47,03
50,82
4.01
45.25
48.08
4.04
46.40
49.44
4.06
47.09
50.26
1,606
12,474
(40,(56
6,843
(,598
12,070
137,145
6,797
1,252
12,257
101,720
6,528
1,309
(2,3(9
102,089
6,536
1,481
54.9
582
282
1,546
57.3
608
283
Federal Reserve reporting member banks inleading c i t i e s : 4 /
Time deposits, except U, S. Governments
Loans and investments (adjusted), t o t a l .
.*••,,,««...do..,.
Commercial, industrial, and agr, loans ( g r o s s ) , . , , d o , . . ,
Bond yields, domestic corporate (Moody's)
Stock prices, 500 stocks (Stand, 4 Poor's) 4 / , , , 1 9 4 1 - 4 5 * 1 0 , .
,7,,
Production:
..do....
s, of short tons,,
. . m i l . of kw,~hr,.
s. of short tons,.
•.thous, of cars..
.,MJ.§£§.,lJJ5nJ£PtyA,fl t„< t t t t i i t t u i t i t t t i H M f t t t i 1 1 i.t.«_t.i,t.t.*#-tdo f
a 14
±/ Oata do not always cover calendar weeks. 2/ Tuesday prices.
Production, 1,656 thous, short tons; operating 7ate, 61,4 percent,
unemployed reported under temporary programs (TUC) for July 19 and
(133,459,150 tons); not comparable with 1958 rates which are based
2,035
#79.4
74!
542
2,043
#79,8
740
349 1
•••««««.««
4.11
47,46
50,70
1,296 !
12,6(9
79,(22
6,545 !
f,561
57.8
622
293
j
|
j
1—*. t.*
81,223
1,586
58,8
t..*.t
m i
1/ Dai(y average, £/ Wednesday data, 5/ Week beginning August ((, (958:
~* Monthly index for July (957, ** Excludes 510,000 and 526,000 insured
July 26, respectively, # Based on January 1, 1957, annuel cepaclty
on January I, 1958, annual capacity (140,742,570 tons).
MONTHLY BUSINESS STATISTICS
(957
ITEM
June
1958
April
July
May
July
June
COMMODITY PRICES
Retel1 price:
,1935-39*100..
216.6
217.5
Engineering construction:
.mi 1, of d o l , ,
Construction cost indexes:
American Appraisal Co., The, average, 30 c i t i e 5...1913=100,.
1,561
1,589 |
A l l commodities (U.S, Oept. of Commerce index)
r220.6
r220.6
220,6
1,583
2,314
1,900
CONSTRUCTION AND REAL ESTATE
do,...
Associated General Contractors ( a l l t y p e s ) . , , . .,««««««do,.««
Engineering News-Record:
Bui Iding 2 / , , . . , . . . .
. . , . , , . « • . . • . • • • , « ,1947-49*100,,
2,482
664
712
705
609
656
485
668
712
705
610
660
488
675
737
730
619
666
494
677
757
730
619
670
498
680
111
11C
655
670
498
681
737
736
635
670
502
149.8
159.8
152.9
163,0
153.5
165.9
(54.1
167.2
155,1
168,5
155.5
(68,7
17,114
6,288
3,609
916
979
16,864
6,058
3,418
863
1,008
r 16,275
5,261,
2,934
76 {
876
r17,564
5,625
5,082
840
991
r16,605
5,590
r3,047
r847
992
16,434
5,363
2,891
825
10,826
994
51!
1,289
3,977
1,321
1,680
10,806
855
513
1,384
4,029
1,383
1,540
ri!,0(2
1,056
521
i,i7i
4,048
1,252
1,667
r11,739
1,058
544
i,272
4,418
1,335
1,784
DOMESTIC TRADE
Al 1 retai1 stores: 3 /
,mi1. of d o l . .
do..,.
..,,.,••do....
.......•do..,.
do....*
r/ Revised. J/ Data for May and July 1958 are for 5 weeks; ot^her months, 4 weeks.
shown here for the previous month. 3/ Data for July 1958 are advance estimates.
9059
i
i
I
1
|
2/ Data reported at the beginning
11,013
r963
r520
r1,283
r4,l04
1
r1,331
rl,65l !
11,071
880
5(6
1,315
4,231
1,407
1,570
of each month are
MONTHLY BUSINESS ST ATISTICS — Continued
1
ITEM
1957
June
3
j
1958
April
July
1
May
1
June
I
July
1
DOMESTIC TRADE - Continued
All retail stores J/ - Continued
Estimated sales (seasonally adjusted), total. , .ml 1. of do!.*
17,054
5,859
5,504
877
914
r16,502
5,165
2,769
827
875
r(6,562
5,255
2,8(2
840
903
ri6,58l
r5,(49
2,756
845 !
902
16,575
5,150
do....
16,785
5,806
5,246
919
901
10,977
995
518
1,245
3,986
1,264
1,771
11,195
1,058
524
1,257
4,027
1,281
1,861
r11,539
1,045
539
1,237
4,217
1,283
1,766
r11,527
1,015
559
1,248 j
4,159 !
1,297
r1,798
Ml,432
1,012
532
1,228
r4,272
1,274
1,787
11,423
do..,.
do....
do....
do....
.........do....
do....
25,840
10,970
12,870
24,090
10,800
15,290
25,660
10,880
12,780
24,140
10,850
15,290
24,640
11,370
13,270
23,950
10,770
(3,(60
All retail stores, estimated Inventories:
>...,....do....
..do....
do....
do....
do....
r24,560
r 11,270
r15,090
r25,880
r10,790
r(3,090
23,770
10,910
12,860
24,020
10,760
(3,260
Firms with 11 or more stores:
do....
r3,795
257 j
9^ !
74
42 1
1,096 i
1,684
71
81
3,473
223
87
74
r5,65l
226
94
73
58
r 1,(22
1,557
64
72
3,645
225
90
73
40
1,(17
1,551
64
72
125
150
150
r!34
pl26
p!33
11.4
4.5
7.1
10.7
5.7
7.0
10.9
3.9
7.0
10.9
4,0
6.9
12.5
6.7
5.8
12.5
6.6
5.9
(2.0 !
6.5
5.7
11.8
6.2
5.5
11.7
6.2
5.6
69,842
66,504
7,534
58,970
3,557
70,228
67,221
7,772
59,449
5,007
68,027
62,907
5,558
57,549
5,120
68,965
64,061
6,272
57,789
4,904
52,517
16,859
827
5,015
4,176
11,255
2,565
6,442
7,598
r52,229
r16,702
r824
r5,046
r4,194
rU,229
r2,596
r6,427
r7,4(l
49,726
(5,(04
716
2,495
5,883
(0,940
2,356
6,384
7,850
r49,949
r 15,025
711
r2,685
r3,874
r10,961
r2,570
r6,455
r7,870
r50,596
r15,188
r7!5
r2,824
r5,905
r 11,031
r2,387
r6,482
r7,864
p50,199
p15,165
p706
p2,908
p5,908
p 10,985
p2,405
p6,464
p7,660
12,946
7,615
78
627
515
465
(,095
895
1,274
852
1,404
225
r(2,784
r7,445
r76
r6(3
r3(0
r446
r(,078
r875
r1,245
r846 1
r1,564
221 [
11,310
6,557
69
520
285
402
849
766
1,061
729 |
1,105
204 j
r11,245
r6,269
68
r542
284
405
r840
r756
r1,029
r7!5
r1,081
r200
r 11,406
r6,338
r68
r57l
r287
417
r858
r772
rl,OI2
r7!6
ri,08i
r!99
pi 1,575
p6,283
5,465
227
84
76
55
1,060
(,427
67
78
5,276
182
85
78 !
52 1
955 I
1,598
69
80
r3,476
243
86
69
5,517
222
86
74
57
1,(25
1,452
62
70
5,591
229
84
74
55
1,172
1,455
62
72
r5,585
224
90
7(
4(
1,094
(,540
60
68
r(50
138
111
158
,,bll. of dol..
,#
do....
,.#do..,.
11.0
4.2
6.7
,.,
» . « # « « « * * OOs e a e
.........do....
.do....
.........do....
do....
...do....
.••••••••do....
Estimated sales (seasonally adjusted), total. ...•••••«do....
.do....
do.,,.
do....
..•••••••do....
do.,..
do..,.
..do....
38
1,035
1,484
60
68
i
i
j
!
!
38
(,028
(,462
71
80
Department store sales, United States total:
.,I947-49«100..
pi 13
1
p!40
70,418 !
64,981
6,900
58,081 1
5,457
70,473
65,179
6,718
58,461
5,294
Wholesale trade:
Inventories, estimated (unadjusted), total...
do....
do..,.
EMPLOYMENT AND WAGES
Labor force (Bureau of the Census):
do....
do....
do....
Employees In nonagrlcultural establishments: 2/
Total, unadjusted (U. S. Department of Labor) ...«*•••.do...,
do....
do....
do....
do....
do....
Production workers In manufacturing industries: 2/
do
Lumber and wood products (except furniture).......do.,..
E 1 ectr i ca 1 mach i ner y
...do....
do....
do....
„..do.«..
*•••..«««do....
......*..do....
p66
p568
p290
P 4I8
p855
p765
p998
p7(4
p1,066
1
pS97
£ / Revised, JJ/ Preliminary. J/ Data for July 1958 are advance estimates, 2/ Revised to the 1957 benchmark; data not directly comparable
with previously published figures back to April 1956.
9059
4
MONTHLY BUSINESS STATISTICS — Continued
1958
1957
ITEM
June
EMPLOYMENT AND WAGES - Continued
Production workers In manufacturing industries - Continued
Nondurab 1 e-goods Sndustri es* 8 ..*. 8 .***„****. s ..thousands..
Food and kindred products*.*.*.«8***.*.**«...****.do....
Tobacco manufactures
»M^O,,..
tM»Mae9M«9»»
Textlle~mi1! products. •••••••.•••••.**••••••• ......do...*
AppareS and other finished textile products«...«,.do....
Paper and allied products*.. ..a.**®**®*....*.*.*^©.*..
Printing, publishing, and allied products*.*.«.,,,do*.**
Chemicals and allied products*,...a*********.**..,do..*«,
Products of petroleum and coal,.**...®.®
*. 9 ..do..* s
Leather and leather products*..*.«#*#a****a*«*,»»*do.*.e
Manufacturing production-worker indexes: \J
Ad JUSted *a®**®**®.®.*®*®*.®®*®*®*...*.®*
«dO» a e«
Payr©lis, unadjusted* (( .
,
do,,..
Hours and earnings! J./
Average weekly hours per worker, all manufacturing*..hours*.
Durab le-goods industr !es*.....a*******.*..**.****** *do«..*
Nondurable-goods Industries.«*8*.***.*.«**.****..»* .do...«
Durab J e-good s I ndustr les*********„*********®.*******do....
Nondurab I e-goods i ndustr Ies.»••••••««...•*••••»••••• do**. .
Average hourly earnings, all manufacturfng* 8 *« 8 «*. s .**do.**»
Durab I ©-goods ! ndustr ies.**««**.*,«,*.s*************** do* *#.
Ordnance and acc8ssorS@s«««,«s«»t«8«««»>e<)»»«i>«»c«(lo«el>«
Lumber and wood products (except furniture)*,..«.*.do.***
Stone, clay, and glass products..............#..#..do...«'
Primary metal Industries.••»••••••••••••••«
do.***
Fabricated metal prQducts« S8 * a ******* e »*** 8 .* e «***do..**
Machinery (except electr ical) e * #8s ®*** a .**©*©* ^.aad©****.
E lectri ca1 machImry.••••••••••••••«•••••••••••»•« do* • •*
Transportat 1 on equ 1 pment®•••••••.••••••••••••••••.do*...
Instruments and related products* * ®.... a «****«,**,. do. **„
Nondurable-goods fndustries***.*****«***©*..***«,****do****
food and kindred products.....A#............*.....do....
Tobacco manu factures.***»***..*.*****»*.«.0*@*****do*...
Text! le-ml 11 products*.a******...**.****.*****..**do..*«
Apparel and other finished textile products,,. «***«do.**«
Printing, publishing, and allied Industries*,,.M.()O M M
Products of petroleum and c o a l . M ^ . M M . ^ M ^ . M d o ^ M ,
TRANSPORTATION EQUIPMENT
Motor vehicles, factory sales, total**...**«*««***....number*.
t«OSCn@S , TOT© i*.****.*....e*....*****®**®*..*******..* OO « * « *
Passenger cars, TOTas®©®®®©**©®®®®®*®®®*.©*©*®*®©©^©*!!*"©*©©!,
0 © m @ S T I C t ( a H 9 « « < « t t « t a » » « H « « t i « i t i ( « « « a « i i i « * < t « M *0O* * * *
r,/ Revised* j>/ Preliminary.
USCOMM-DC-9059
April
June
May
July
5,331
i,053
74
914
1,042
462
550
542
170
197
327
r5,339 .
ri,H8 i
r72 !
r896 |
r1,023
r45i j
r546 !
r537
ri69
200
327
4,973
949
70
837
987
434
545
519
157
176
300
r4,976
r978
r70
r83l
r985
432
r540
r5IO
158
r!72
r302
r5,068
r1,039
r70
r840
r993
r434
r54I
r502
r!58
rS76
r3!5
p5,092
pi,099
p68
p832
p980
p426
p535
p500
pS59
p!77
p3S6
104,7
105.2
163.7
103.4
r104.8
r160.9
91.4
92.5
139.6
91*0
r92*3
r140.9
92.2
r92*8
144.7
p92.0
p93.2
pi45*S
40,0
40.5
39.2
82.80
88.70
74*09
2.07
2.19
2*33
1.84
1.75
2.04
2.47
2.18
2*30
2*06
2.40
2.10
1.89
1.93
S.58
S.50
1.48
2.03
2.50
2*23
2*66
2*23
1.54
r39.8
40.0
39.4
r82.39
88.00
74.47
2.07
2.20
2*34
S.82
1*74
2.05
2*53
2.19
2.30
2*05
2*41
r2.IO
1*89
1.91
1*6!
1.50
1*50
2*06
2*50
2*25 !
2*69
2*28
rl.54
38*3
38.8
37*7
80.81
87.30
73.14
2*11
2*25
2.46
1.84
1.77
2.09
2.58
2.24
2.36
•2.14
2.47
2.17
1*94
2.01
1.65
1*50
1.50
2*09
2*55
2*27
2*74
2.29
1.57
r38.7
39*1
38*1
r82.04
r88*37
73*91
2*12
r2926
r2*46
rl*88
1.77
2*09
2.58
2.25
2.37
2*14
r2*49
r2*!8
1.94
r2.0l
rl.66
1.50
1.50
2*10
r2*58
2*29
2*72
2*30
1*57
39*2
39.6
38.7
83*10
r89„89
75.08
2.12
r2,27
r2*49
rl.89
1.78
r2*!0
r2*6I
r2.27
2 9 37
2.15
2.51
r2.I9
1.94
r2.0l.
rl*66
ri*5I
1.50
r2*ll
r2*58
2.31
r2.73
r2*34
1*57
p39.2
p39.4
p38.8
p83.50
p89.83
p75*27
p2.l3
p2.28
p2.49
p. 1.90
pi.78
p2*ll
p2*66
P2.27
p2*37
p2.!5
p2*54
p2.20
pl.94
p2.00
pl*66
pi.50
pi.50
p2.I3
p2.58
p2*33
p2*76
p2.36
pi*55
396,712
344
290
322,482
308,904
73,886
56,029
427,600
241
206
352,076
340,599
75,283
58,493
413,065
77
70
342,228
334,311
70,760
56,S09
591,539
389
332
496,329
484,840
94,821
76,859
582,012
309
302
484,718
474,635
96,985
76,856
••••••••••
*»*«Si8«.«a
±/ See note 2 for page 3.
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