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December 13, 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 THOUSANDS THOUSANOS 1 8 200 250 Weekly Monthly PASSENGER CAR AND TRUCK PRODUCTION (United States plants) 1,000 ~ - 1957 800 r ^^wlN( 600 L 150 /?| 1956 200 100 * 50 4001- 2 0 0 \jiL I 1 i i I i I S954 I 1 I i i I i i I I I I I 1 I I I I I I I i I I 1 1 I i 1 i i I i i i i i i i i 1 i i I i l J F M A M J ,) A S 0 N D i 1957 1956 S955 0 BILLION DOLLARS 50 BILLION DOLLARS 20 SALES OF RETAIL STORES CONSUMER CREDIT OUTSTANDING (seasonally adjusted) (short- and intermediate-term) ' Total MS"*"*1*-*"*^ 10 U^j,^*"*-®-®-*"®"*-* Nondurable Goods Installment Credit Durable Goods I. I A M 1 I I I II f I M I I I I I II 1955 1954 (end of month) I I I I I I I I I t I I I I I I I I I 11 1,1 1956 INDEX, 1 9 4 7 - 4 9 = 100 200 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 175 Payrolls 150 10 1955 1956 DOLLARS 2.40 1957 HOURS 56 MANUFACTURING HOURS & EARNINGS 2.20 2.00 125 L80 100 1.60 7 5 I i i n ' I i M \\ M • ' ' ' I ' ' ' ' ' ' ' ' ' ' ' 1 ' ' •' • • ' ' ' ' ' ' I ' '•'-' 1955 1956 1957 1 9 5 4 I 1 I M I i I 1 I II I I I I I I I I I 1 I I I I I I I 1954 . H i i 1 I i i i 1957 52 Average Hourly Gross Earnings 48 (left scale) 44 40 Average Hours Per Week (right scale) I 1.40 j/^J,..1 I i I I 1 M 1 1 1 I M 1 I 1 1 1 M I I I I I I I 1I I I I M 1 I I I I 1 J 36 1954 1955 1957 1956 WEEKLY BUSINESS STATISTICS' 2 1956 1957 ITEM Nov. 16 Dec. 8 Dec. I Nov. 23 Nov. 30 Dec. 7 Commodity prices, wholesale: •••••oaaoo 93.8 197 1,219 1,116 *M5.9 *87.9 *!03.G »124.2 93.5 226 1,250 «.. *46 i M7.8 91.4 106.2 125.6 84.6 117.8 91.8 !06.3 125.6 84.1 142 1.595 1,463 117.8 92.1 !05.7 •7.5.6 84.9 155 1,592 If4fi0 SSlrw.. i . . , V . 31,287 25,424 18.911 526 31,336 25,489 18,987 31,431 25,325 i8,907 31,666 25,387 19,023 528 489 487 55,025 23,795 36,103 74.-785 31,836 8,776 55, H O 23,721 86,332 74,938 31,794 8,777 55,396 23,758 86,082 75,009 31,548 8,774 117,8 91.6 106.0 125.6 84.4 158 F1 nance: Federal Resorve bank credit outstanding, total 3/....»do..«. 31,355 26,374 19,375 62 i 31,451 26,165 19,068 56,632 21,761 86,207 26,141 30,407 8,855 56,745 21,780 86,17! 25.820 30,460 8,848 254 3.95 44.43 47.39 270 3.96 46.39 49.74 306 •1,50 39.55 42.51 306 4,49 39,92 42.93 <?35 4.47 41.7.5 44.41 1,812 12,075 185,038 7,133 1,796 12,047 191,667 7,353 i,588 11,953 164,568 6,83! i,580 !2,I36 175,450 6,832 i,6i8 11,613 132,107 6,829 1,990 77.7 647 328 1,945 V6.0 633 323 i,846 72.1 554 284 I 386 j Federal Reserve reporting member banks in leading cities? 4 / Commercial, Industrial, and a g r . loans ( g r o s s ) . . . . do.. «f, Bond yields, domestic corporate (Moody's) .3/ s s s s - s -percent,.w Stock prices, 500 stocks (Stand. & Poor 9 s) 4/...1941-43=10.. | j ! 287 4.44 41.54 44.71 Production: 2,489 fiOi.i 752 375 2,493 #i01.3 i 738 1 377 165,^98 i,83l 71.5 J./ Data do not always cover calendar weeks. 2/ Tuesday prices. .3/ Daily average. 4/ Wednesday data. 5/ Week beginning December 9, 1957: Production, 1,777 thous. short tons; operating rate, 69.4 percent. * Monthly index for November 1956. # Net comparable with 1957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1956 1957 ITEM October C0MM0OITY PRICES RetaiI.price: All commodities (U.S. Dept. of Commerce index).1935-39-100.. November August September October November 213.4 213.8 217.9 217.5 217.1 16,130 16,493 17,490 16,373 r16,949 17,203 2,830 956 2,907 1,003 3,352 912 3,078 853 r2,945 r9l9 2,969 921 1,034 480 1,227 3,729 1,180 1,808 15,896 5,490 10,406 1,095 470 1,158 3,877 1,184 2,030 16,212 5,664 10,547 967 528 1,420 4,353 1,374 1,774 17,030 5,740 11,290 1,010 515 1,291 3,937 1,262 1,696 16,919 5,722 11,197 rl,083 r559 r1,263 r4,102 rl,287 r1,838 rl6,7l4 r5,6l2 rll,102 1,125 533 1,228 4,282 1,248 2,048 16,619 5,548 11,071 24,000 9,920 14,080 23,320 10,090 13,230 24,750 10,450 14,300 23,490 10,420 13,070 24,040 10,970 13,070 24,250 11,040 13,210 r24,270 r10,690 r13,580 r24,360 rll,120 r13,240 24,470 10,380 14,090 24,190 10,960 13,230 3,402 3,295 3,669 3,404 3,660 3,631 3,337 3,559 3,597 3,458 12.8 4.9 8.0 13.0 6.4 6.6 !2.0 4.5 7.5 13.2 6.4 6.8 N.7 4.3 7.4 12.7 6.6 6.1 11.2 4.2 7.0 12.8 6.7 6.1 12.3 4.5 7.8 12.9 6.6 6.3 DOMESTIC TRADE Ail retaiI stores: J / Estimated sales (unadjusted), total m i l . of d o l . . Durable-goods stores: Automotive group••••• do.... Furniture and appliance group do.... Nondurable-goods stores: Appare I group d o . . •. Drug and proprietary stores do.... Eating and drinking places do.... Food group do.... Gasoline service stations do.... Genera I-mere hand i se group do. • •. Estimated sales (seasonally adjusted), total do.... Durab le-goods stores „ .do. • • • Nondurable-goods stores do.... Estimated inventories: Unadjusted, tota I do.. •. Durab le-goods stores d o . • •. Nondurab le-goods stores do.... Adjusted, tota I do.... Durab le-goods stores do. • •, Nondurab le-goods stores do. • • • Firms with II or more stores, estimated sales: Unadjusted do.... Ad jus led do.... Wholesale trade: Sales, estimated (unadjusted), total b i l . of d o l . . Durab Ie-goods estabI ishments do.... Nondurab le-goods estab 11 shments d o . • •« Inventories, estimated (unadjusted), total do.... Durab I e-goods estab I i s hments do.... Nondurable-goods estabIishments.......... ••••••do.... r/ Revised. J_/ Data for November 1957 are advance estimates. REVISED DATA •—Manufacturers1 sales and new orders for October 1957 shown in the December 6 issue of the Weekly Supplement have been revised as follows (mil. of dol.): Sales, unadjusted—total, 79,489; t.-vtal nonDigitized for durables, FRASER 15,080; food and beverage, 4,660; sales, adjusted—total, 28,040; tota! nondurables, 14,097; food and beverage, 4,333; new orders, http://fraser.stlouisfed.org/ unadjusted—total, 26,926; total nondurables, 14,803; new orders, adjusted—totaI, 26,319; total nondurables, 13,969. 12674 Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS — Continued 3 1957 1956 STEM October August November September October November EMPLOYMENT AMD WAGES Labor force (Bureau of the Census): ±/ .thousands.. do.... ......do.... do.... .do.... Employees in nonagricultural establishments: Total, unadjusted (U. S. Department of Labor)... . . . . . • G O , . , . do.... do.... do.... do.... do.... do.,.. Production workers in manufacturing industries: Total. P do.... Ordnance and accessories.»,..,,..... *,,„„...,* » ^ 9 9eOOfl,,. Lumber and wood products (except furniture). do.... do.... do.... do Machinery (except electrical) ,, do..,. do.... do.... do.... do.... do.... Apparel and other finished textile products. fca o » . . C O . . . . do.... Printing, publishing, and allied products... •.. * •.do.... do.... do.... do.... do.... Manufacturing production-worker indexes: 947-49=100.. ......do.... do.... Labor turnover in manufacturing establishments: Accession rate..............monthly rate per IOC employees.. do.... do.... do.... Lay-of f do.... Quit do.... Hours and earnings: Average weekly hours per worker, all manufacturi nq,..hours.. do.... do.... do..;. do.... do.... do.... Lumber and wood products (except furniture). • • . . . a O O . . . • do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... Apparel and otter finished textile products, a . . . • . O O . . . . Hn Ps^or 2nd s ' M e d nrcd!jct? .......i Printing, publishing, and allied industries, . . a . . . O O , . . . do.... do.... 68,082 66,174 7,i73 59,000 i,909 67,732 65,269 6, i92 59,076 2,463 68,994 66,385 6,823 59,562 2,609 68,225 65,674 6,518 59,156 2,552 68,5f3 66,005 6,837 59,168 2,508 66,061 64,873 5,817 59,057 3, 188 52,952 17,238 836 3,?96 4,189 i 1,445 2,315 0,343 7,290 53,007 17,180 837 3,174 4,184 11,657 2,314 ! 6,327 7,334 52,89! 16,955 862 3,305 4,215 M,499 2.389 6,509 7,157 r53,152 r16,905 r853 r3,285 4,206 r11,620 r2,36! r&,54! r7,38l r53,059 r16,787 r837 r3,220 r4,158 r11,673 r2,353 r6,553 r7,478 p52,753 pl6,555 p834 p3,037 p4,H6 pi 1,839 p2,353 u6,523 p7,496 *3,A65 7,788 82 684 325 476 i,i34 910 1,255 908 1,354 234 !3,392 ' 7,839 82 1 655 i 320 470 I,i34 [ 911 1,262 913 1,438 235 13,024 7,476 r!2,992 r7,397 73 r63l 319 461 ri,06i r878 rl,l86 r879 r1,278 r225 r!2,902 r7,395 r69 r622 r3l7 r456 ri,05i r889 r!,l63 r868 rl,33l 224 p!2,588 p7,290 p68 1 75 645 3I7 5,677 1,209 104 958 1,096 470 563 550 176 215 336 5,553 1,125 96 955 1,092 470 564 546 176 194 335 459 1,077 878 1,180 861 1,363 225 5,548 1.194 90 911 1,084 465 553 530 175 204 341 108.9 107.3 169.0 108.3 107.4 168.2 4.2 3.5 .3 1.3 1.7 .2 D60I p3l2 p449 pi,03i p877 pi,136 p853 pi,351 p22l r5,595 r!,2!8 r98 912 rl,084 r469 r563 r533 rl75 206 r336 r5,507 i" i, 14! r94 r907 r1,075 471 r567 r536 rl74 r209 r334 05,398 pi,079 105.3 104.4 164.7 r105.0 r103.3 rl64.7 104.3 102.9 rl62.7 pl02.6 p!0l.7 p!59.5 3.0 3.3 .3 1.5 1.3 .2 3.2 4.0 .3 1.6 1.9 .3 r3.3 r4.4 r.2 rl.8 r2.2 .2 p2.8 p4.0 p.2 p2.3 pi.3 P.2 40.7 41.4 39.7 82.21 89.01 72.65 40.5 41.2 39.6 82.22 88.99 72.86 40.0 40.3 39.5 82.80 89.06 74.26 r39.9 r40.2 39.6 r82.99 r89.24 75.24 39.5 r39.9 39.1 r82.56 r88.98 74.29 p39.2 p39.6 P38.7 D82.32 p88.70 D74.30 2.02 2.15 2.25 1.79 1.73 1.99 2.42 2.13 2.25 2.02 2.37 2.05 2.03 2.16 2,25 1.77 1.72 2.01 2.44 2.12 2.25 2.03 2.39 2.05 2.07 2.21 2.34 L84 1.76 2.06 2.54 2.20 2.30 2.06 2.43 2.10 2.08 2.22 2.37 rl.84 rl.77 r2.08 r2.57 2.22 2.32 2.07 2.46 r2. 14 r2.09 r2.23 r2.38 rl.83 1.76 2.08 r2.55 r2.22 r2.33 r2.08 r2.47 r2.!4 P2.I0 P2.24 P2.39 Dl.82 pi.75 P2.I0 p2.55 P2.22 P2.34 P2.09 P2.50 P2.I5 1.83 1.84 1.39 1.49 1.49 1.84 1.89 1.45 1.50 1.48 1.88 1.90 1.49 1.50 1.50 1.90 1.92 1.46 1.51 1.51 !. QP. L98 2.45 2.15 2.57 2.17 U52 2_Ofi 2^51 2.25 2.69 2.27 l e 54 r2.53 2.25 2.73 r2.29 U55 1.90 rl.94 rl.47 1.51 rl.50 r? s 0Q r2.53 2.24 r2.7l r2.32 1,55 pi.92 pi.97 pi.54 pi.51 pi.51 n?.07 p2.53 p2.25 P2.7I P2.34 pi.57 2,45 2.14 2.57 2.20 ls5l ? ; OP. p87 p889 pi,065 p469 p565 p530 pl75 p207 p333 r/ Revised, j)/ Preliminary. _[/ Estimates beginning January !957 reflect certain changes made in the definitions for employment and unemployment, etc. Figures for November 1957, comparable with data through November 1956. in order as above (thous.): 68,067; 65,078; 5,817; 59,26?; 2,9«°. 12674 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS — Continued 4 1956 ITEM September j October 1957 July \ September August i October ELECTRIC POWER E l e c t r i c power % Production* t o t a l , . . . . . . . • • • • • • • • • • • • • • • • • • • m l l« of kw ffl «hr. e §° I ^ C t r IC l i t 1 1 i t i e S . » « « « « « « » « » « » i « « g i t o s « < i « e « » i U « 9 ®d©#® 0 & 1 ndu s t r i a § estab1 i s hments » « t » « < i « H « i * » » « * » « « H H « &4o® . • • 55,649 48,819 6,830 i | 58,445 51,129 7,316 61,191 54,348 6,843 62,649 55,449 7,200 58,335 51,573 6,762 60,297 53,157 7,140 3,394 2,778 3,172 2*622 9,478 5,907 2,728 2,258 2,813 2,384 9,696 5,929 3,807 2,562 3,847 2,623 9 t 655 5,867 2,883 2,354 2,866 2,348 9,672 5,880 3,024 2,506 3,091 2,543 9,68 1 5,849 12,628 7,556 47,483 43,235 4,248 14,282 7,157 37,148 33,975 8 8,828 6,792 49,464 45,323 4,841 LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers A s s o c i a t i o n ) ! Stocks ( g r o s s ) , m i l l , end of. month, t o t a l . • • 9 « e * a » e * « * d Q . . a « OOT floods c© • • • « • • • • • • • • • • • • •«-•• »»»4«t«««i«««i«H(«i . d o . . . . 3,159 2,540 2,901 2,363 9,257 5,752 I METALS AND MANUFACTURES Iron ore (Lake Superior d i s t r i c t — u* S« and Canadian o r e s ) i Stocks^ end o f month, t o t a l s , « « » AT * »e««e««do«.»* T U m a C e S . • « e o e e o e a . e a « 0 . e . « « « * e » e « Q « « . « # e a s ! a f t a « * . «UO« . . . On Lake E r i e docks. •••••••••••••• ••••••••do«.«« Foundry equipment (new), new orders, net mo. avg. shipments... I947-49JSS00.. 12,745 7,217 41,283 ^ 37,376 3,837 114.7 122.2 1 3,173 13,172 7,039 43,958 40,380 3,571 j 98.6 231.3 113.9 f/81,005 6,538 54,844 50,874 4,669 PULP, PAPER, AND PRINTING Wood pulpi Production, t o t a l , a l l g r a d e s . . . . . . . . . t h o u s . of short t o n s . • Soda, semichemical, screenings, damaged, e t c . • • • • • • . d o . . . . 1,728.7 76.6 950.7 197.8 243.3 95.4 164.9 1,940.7 79.9 1,078.5 238.0 262.8 1 100.3 ! 188.2 j 1,590.2 74.7 857.5 182.3 232.0 88*3 155.5 8,894.9 80.8 1,063.2 210.2 251.3 100,4 189.8 r1,742.8 78.8 r969.0 892.8 227.4 96.5 r878.9 8,948.8 98.4 1,086.9 222.8 246.2 806.5 195.1 885.4 196.4 584.2 104.9 909.0 I 199.4 603.4 806.3 ! 879.1 213.0 559,7 106.3 873.0 213.7 556.1 103.3 r852.8 r'200.3 r553.4 98.5 872.2 209.6 564.1 98.5 2,243 998 1,005 80 231 2,668 8,858 1,238 86 263 r2,5l9 rl,06l r1,191 r!2 r255 2,797 8,197 8,381 13 276 579,951 309 302 484,788 474,635 94,924 76,856 680,747 385 288 521,282 513,290 89,850 74,212 A l l paper and board mi 1 I s , production* 2,477 1,113 1,110 12 243 r2,758 r 1,231 r1,256 13 257 TRANSPORTATION EQUIPMENT Motor v e h i c l e s : DOmeST IC« e « H H i i M D M t < c g t « « n e H D H O « M t n e H U •GO. . c • TrucKs, T o T a I « « « . « • • » . . • . • « « . • . . • . « o • • « • • • • « • • • • « • • « G O . . . . 275,555 368 364 203,888 202,159 71,299 56,852 445,122 298 291 352,140 j 341,779 92,684 77,533 380,609 243 ! 187 318,279 315,008 62,087 51,086 | 379,386 233 232 298,064 282,510 88,019 73,707 r/ Revised. \j November 1957 figure—4,066,000 short t o n s . USCQMM-0C- 12674 UNITED STATES GOVERNMENT PRINTING OFFICE PENALTY FOR PRIVATE USE TO A V O I D PAYMENT OF POSTAGE, $300 DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CUSS WEEKLY SUPPLEMENT OF CURRENT Digitized for SURVEY FRASER BUSINESS
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