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^^TMENTOfc December 16,1960 °F ffOSl'NESS t C °^ A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS .Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $4.00 annually, t h i s Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS Index, 1 9 4 7 - 4 9 = 100 200 STEEL PRODUCTION (IngoH and steel for costings) Index, 1947-49=100 200 I50H S50 lOOh" 100 50 J F M A M J J A S O N D 1957 Billion Donors 20 SALES OF RETAIL STORES "~ 1 (seasonally adiusfed) Total • - ^ 15 - index, | 9 4 7 ~ 4 9 ^ S00 200 DEPARTMENT STORE SALES & STOCKS (seasonally adjusted) ™j Nondurable Goods 1 10 S25 Dumb!® Good's . ^ ^ Safes OOO'OOOOOO^Q^ H 5 ^Ju±d±LLi±LL. J J J J J 1 1 1 1 I..U_U.J_LjLL.iJ_i I J_iJLlJLii_J_lJ.J S957 I958 1959 Index, 1947-49= 100 200 MANUFACTURING EMPLOYMENT PAYROLLS (production workers) 175 S50 ^\S\ 1 0 0 L-_JL-» I l l l l l l l l n M l l 1957 I960 & 2.40 w\l r 2.20 J a 52 Average Hourly Gross Earnings (left scale) w ww Hri 1 JJaj-J-jJ Li-L. _ i 1 1 M i 1 1 ! 1J__iJ_l 48 2.00 44 Average ^ * * * e * ^ ^ . 1. I J J J . . . L L 1 Hours 56 MANUFACTURING HOURS & EARNINGS Employment JLiJLIjJ_J__jLi_L. I960 2.60 Payrolls 75 S959 Dollars 125 100 U-J-J-J-J... M I 1 I I I I i I I 1 i I I I I 1 1 i I I I 1958 Hours Per Week (right scale) 1.80 40 l.fiOLl M M I M M I I I I I U I 1 I I 1 1 1 1J I I I 1 ! 1 I I I I I I I I I | I | | 1 j j 1957 1958 1959 I960 36 WEEKLY BUSINESS STATISTICS1 2 I960 1959 ITEM Dec. Dec. 5 12 Dec. Nov. 26 Nov. 19 3 Dec. 10 Commodity prices, wholesale; 19^7-49=100.. Al 1 other 22 commodities 2 / , do.... State programs (incl. Alaska and Hawaii).. Failures, industrial and commercial Finance: mi 1. of dol.. Federal Reserve bank credit outstanding, total 4/....do Member bank reserve balances 4/..... » do.... Excess reserves, estimated 4/ ,. do.... Reporting member banks (of F,R 9 System) in lead ing cities:j>/ mi I.. of do!., .......do.... Loans and investments (adjusted), total. do,... Commercial and industrial loans (gross )... .......UO.... Real estate loans (gross).... Bond yields, domestic corporate (Moody's) 4/„, Stock prices, 500 stocks (Stand. & Poor's) .1941-43=i0.. Industrials, 425 stocks ,.»..,. r.e do.... Production: Bituminous coal 4/.... „.thous . of short tons.. Electric power, by utilities . of kw.-hr.. Motor vehicles (cars, trucks, coaches)..,. thous. of bbl.. I/. . of short tons.. Freight carioadings, total.................. .thous. of cars.. do 84.7 249 1,928 1,763 261 *118.9 *85,4 *I04.9 *I28.5 84.6 298 1,894 1,735 248 119.6 89.7 109.0 128.0 82.8 170 2,168 1,986 329 119.6 90.3 108.9 127.8 83.0 172 2,413 2,223 276 119.6 89.7 109.2 127,8 83.3 232 32,446 28,867 18,451 366 32,601 29,153 18,797 515 32,527 29,658 18,731 610 32,532 29,542 18,755 602 32,638 29,026 19,683 1,20! 61,017 30,159 104,253 28,164 30,015 12,574 61,837 30,193 103,980 27,995 30,034 12,596 58,56! 32,302 107,295 29,102 31,837 12,545 59,224 32,377 106,925 29,011 31,702 12,530 59,792 32,477 107,317 29,312 31,742 12,524 4.85 58.60 63.07 4.85 58.97 63.45 4.63 55.70 59.17 4.65 55.80 59.17 4.66 55.54 58.87 1,537 13,907 67,115 7,027 1,556 14,167 99,466 7,123 1,341 14,042 172,038 6,968 1,278 13,500 128,460 6,992 1,218 ,14,368 158,763 6,984 2,650 #93.6 650 331 2,732 #96.5 642 333 1,470 51.6 567 297 1,367 48.0 47! 256 1,393 48.9 523 286 i 19.5 89 1 109.1 127.9 82.8 ' " * • 290 32,722 28,594 18,812 625 ssos 4.67 56.02 59„38 159,015 1,396 49.0 J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for Alaska and Hawaii, and for the following programs: State; R.R.; Federal employees; and ex-servicemen. _4/ Dally average. 5_l Wednesday data. 6/ Estimates for week beginning Dec. 12, 1960: Production, S,387 thous. short tons; operating rate, 48.7 percent. * Monthly Index for Nov. 1959. # Based on Jan. I, 1959, annual capacity (147,633,670 tons); I960 rates are based on Jan. I, I960, annua! capacity (148,570,970 tons)* MONTHLY BUSINESS STATISTICS 1959 I960 ITEM October DOMESTIC TRADE RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL 1/, 2/....mil. of dol. Durable goods stores do.aB A u tomot ivegroup .....do... Furniture and appliance group .....do... Lumber, building, hardv/are group....... .....do... Nondurable goods stores... .„ ..do... Apparel group do... Drug and proprietary stores.. do... Eating and drinking places do... Food group do,,, Gasoline service stations ...do,.« General merchandise group do,.« ESTIMATED SALES (SEAS, ADJ.), TOTAL J./, 2/ e o ...do... Durable goods stores ......do... Automotive group. .............. ..••••». edo.. • Furniture and appliance group.. eado„«, Lumber, building, hardware group.... •••••..do.,., Nondurable goods stores . ..........do.., Appare I group •••••••• do... Drug and proprietary stores.....•••••••••••••.••.do... Eating and drinking places., do 08 Food group. ..do.. Gasoline service stations. ..........do.. General merchandise group..,. do.. ESTIMATED INVENTORIES: Unadjusted, total .......•• ......b...... •••.••••..do.. Durable goods stores do.. Nondurable goods stores ..do.. Adjusted, total do.. Durable goods stores..... do.. Nondurable goods stores do,. RETAIL FIRMS WITH 4 OR MORE STORES: ±/ Estimated sales (unadjusted), total , »do.. rV Revised. _!/ Data for November I960 are advance estimates 9183 November August September October November 18,153 i 5,970 i 3,221 90! 1,096 12,183 999 6!3 !,476 4,423 1,568 1,913 r17,898 r5,633 r'2,863 r886 r1,041 I r12,265 rl,130 r608 r1,389 r4,53l r!,47l r1,928' r18,658 r6,068 r3,264 r9l6 1,055 r12,590 rl,l82 r624 rl,373 r4,508 rl,50i r2,083 18,565 5,904 3,133 968 r!8,054 r5,797 r3,176 r899 r9!7 r!2,257 1,122 r632 rl,332 r4,425 I r1,466 rl,972 r18,554 r6,l33 3,440 893 951 ri2,42l 1,122 634 1,338 4,499 1,477 2,023 18,551 6,007 12,160 I,119 607 1,306 4 ,390 I,438 1,966 18,190 5,779 3,211 875 953 12,411 1,162 628 1,315 4,526 1,456 1,978 25 ,190 10,950 14,240 24 ,230 II ,010 13,220 24,960 I 11,480 13,480 25,200 11,650 13,550 r25,020 | rI 1,040 r13,980 r25,340 r11,760 r13,580 25,900 11,600 14,300 25,240 11,830 13,410 19, 095 6 420 3 520 988 « 104 17 635 5 502 2 807 992 955 12 675 1 198 608 1,374 4 ,594 1,462 2 ,107 12 133 I 170 575 1,276 4 ,173 i,433 2 ,190 18,341 6 ,360 3 ,690 924 951 17,842 5 ,682 2 ,961 935 971 II ,981 I,080 609 1,335 4 ,294 1,435 i,940 25 ,130 II ,130 14,000 24 ,710 II ,590 13,120 12,661 1,202 603 1,315 4,427 1,475 2,255 4,556 I r4,757 ' 4,872 4,836 ' 4,559 2/ Beginning January I960, data for Alaska and Hawaii are Included. 12,544 MONTHLY BUSINESS STATISTICS — Continued 3 1959 i960 ITEM October November August September October November DOMESTIC TRADE - Continued RETAIL FIRMS WITH II OR MORE STORES: ±/ Estimated sales (seasonally adjusted), total. do.... 4,243 273 101 83 39 1,318 1,807 77 88 3,995 269 98 76 41 1,370 1,558 65 78 3,916 229 104 90 38 1,225 1,624 1 78 3,921 248 3,934 258 104 79 37 1,209 1,652 67 83 4,079 274 78 82 83 12.5 13.0 4.7 8.2 13.1 7.0 12.7 4.5 8.2 13.5 6.8 6.1 12.7 4.6 8.1 rl3.2 6.9 r6.3 101 79 34 1,214 1,654 66 Tire, battery, accessory stores...... 0 ..........•••do...• WHOLESALE TRADE: Sales, estimated (unadjusted), total.-.••••••• a biI• of dol.. Durable aoods estab1ishments..............»..,»....do.... Durab1e goods estab1ishments.,..« ..<,«««.«...., d o e , .e 86 13.0 4.8 8.1 12.8 6,5 6.3 84 j 109 83 38 1,261 1,724 64 4,6 • 7.9 12.9 6.4 6.4 1 r4,075 j 270 106 84 38 1,221 1,764 1 73 77 4,145 276 109 87. 4! 1,316 1,706 75 81 r4,099 267 1II 4,090 267 1 12 84 38 1,279 1,709 66' 83 39 : 1,262 1,740 63 e.eeee.ss 6.7 EMPLOYMENT, HOURS, AND EARNINGS 70,103 69,310 72,070 71,155 71,069 71,213 66,831 6,124 60,707 3,272 65,640 5,601 60,040 3,670 68,282 6,454 61,828 3,788 67,767 6,588 61,179 3,388 67,490 6,247 61,244 3,579 67,182 5,666 61,516 4,031 52,569 16,197 621 2,961 3,910 11,551 2,441 6,614 8,274 52,793 16,280 660 2,856 3,912 11,723 2,438 6,593 8,331 53,062 16,386 672 3,130 3,921 11,592 2,536 6,685 8,140 r53,496 r16,505 663 r3,069 3,907 r11,665 r2,5l5 r6,698 r8,474 r53,386 r!6,3!0 657 r3,008 3,888 i1,733 r2,500 r6,706 r8,584 p53,243 p!6,!65 p654 p2,85l p3,868 pi 1,878 p2,497 p6,672 p8,658 do.... 12,201 6,786 12,274 6,922 12,265 6,833 Lumber and wood products (except furniture)......do.... 612 458 602 812 599 457 975 800 607 452 910 819 r 12,399 r6,949 r598 1,147 893 1,208 1,136 882 1,026 1,112 861 1,036 r12,225 r6,868 r580 r442 r894 r833 r1,086 r846 rl,149 pl2,07l p6,822 p564 p432 p882 p8l8 pi,084 p863 pi,154 5,415 1,080 5,352 1,032 r5,357 r1,104 r839 r1,080 r448 r585 r540 rl50 p5,249 pi,032 p832 p1,074 p446 p585 p536 pl48 P 3I9 UNEMPLOYED do... . EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): TOTAL, UNADJUSTED (EXCL. ALASKA AND HAWAII).....thousands.. Manuf actur i ng• • do.... PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED (EXCL. ALASKA AND HAWAII) Textile mill products..... „.... eo Apparel and other finished textile products Printinq, publishing, and allied industries. Indexes of employment: Unadjusted ..do.... do.... do.... 1947-49-100.. HOURS AND EARNINGS OF EMPLOYEES IN MANUFACTURING: Average weekly gross hours, all mfg. Industries.....hours.. Avg. weekly gross earnings, all mfg. industries...do!lars.. Avg. hourly gross earnings, all mfg. industries......do.... Nondurable goods industries..,. .„..„,•,,.. ......do.... LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS: Accession rate, total......monthly rate per 100 employees.. 449 r905 r835 r1,104 r877 r1,135 r5,450 r!,l7l 1,100 1,107 5,432 1,142 859 1,107 454 570 540 151 331 452 570 539 154 331 451 573 538 154 331 98.6 97.3 165.9 99.2 98.4 166.8 99.2 98.3 169.2 100.2 r98.4 r!72.5 r98.8 r.97.4. r170.0 p97.6 p96.8 pl67.3 40.3 40.9 39.5 89.06 96.52 79.79 2.21 2.36 2.02 39.9 40.1 39.6 88.98 95.44 80.39 2.23 2.38 2.03 39.8 40.0 39.5 90.35 97.20 81.77 2.27 2.43 r39.6 39.9 r39.l r9l.08 98.15 r8l.72 2.30 2.46 39.6 r40. 1 r39.0 r9l.08 r98.65 r8l.5l r2.30 2.46 p39.3 p39.8 p38.6 p90.78 p97.9l p8l.06 p2.3l p2.46 p2.IO 3.1 2 0 4.7 14 2.8 3.0 1.5 3.8 1.9 4.1 1.0 4.3 1.5 2.6 2.2 885 876 j I 2.07 1 850 r1,094 452 r578 r537 150 r32l 2.09 1 r3.8 r 1.9 r4.4 rl.9 r2.Q 318 2.09 p2.6 pi.4 • P3.7 pl.O p2.2 r/ Revised. &/ Preliminary, ±/ Beginning January i960, data for Alaska and Hawaii are included. 2/ Includes data for industries not shown separately. MONTHLY BUSINESS STATISTICS — Continued 1959 I960 ITEM September October September August July October LUMBER AND MANUFACTURES LUMBER (NATIONAL LUMBER MANUFACTURERS ASSOCIATION}? 3,324 2,689 3,119 2,553 9,022 5,235 3,304 2,671 rS49 76 100 87! 76 506 1,419 3, 145 2,518 9,212 5,419 3,175 2,574 3,035 2.475 10,036 6,238 2,973 2,396 2,867 2,331 10, 142 6,302 803 50 90 859 59 102 900 63 S04 5,072 348 370 772 559 555 1,964 4,983 324 373 768 543 425 2,075 4,944 397 405 806 483 363 2,039 2,693 2,082 2,605 2,069 9,902 6, 145 2,80! 2,178 2,684 2,122 10,254 6,353 METALS AND MANUFACTURES Castings,, shipments? «#oaao»a* seaoeaaoa S 3 S G S 6 i S C=6 STEEL PRODUCTS,, NET SHIPMENTS; eoseaoeoQ eoeoeoooe oooottooeo esoeosaoo oeoesoBos -ooeoeeoe a. o o © e s » o s eoaoaeoa* eeeoeeeeo B * e a 0 •S'd e ........<> ......... 4,711 321 354 623 5S5 581 !a856 t,999e8 98o0 1,123.4 195,2 255.3 SS2.6 2I5«2 2,187.7 96e7 !,259,3 221.3 277o 0 M6.6 216.7 i,9i50! 76.0 1,119.9 191.4 245e 4 9297 189.8 2,196.1 102.7 S,27607 208ai 274.9 !08„6 225.1 2„053*7 81.5 1,182.8 206.5 261.1 II0C0 211.7 2,228.2 97.5 1,298.2 226.7 28389 IS3.5 208.4 855 o 7 251,6 531.5 72.6 857 o 3 256,3 522,7 78.3 89809 300.4 522.3 76.2 927,3 312.1 543*3 71.9 r9!8.3 r30l.3 r545.9 71.2 947.4 332e5 2,839 1/218 1,316 3,088 1,358 1,405 12 293 13 312 2P567 1,127 1,174 10 256 2,959 1,288 1.368 12 291 r-2,820 1,216 r1,305 rl2 287 2,-986 1,337 1,347 S3 290 309,117 632,420 501,223 390,326 463,943 703,159 268 260 424 414 421,355 414,787 79,444 64,053 358 347 324,020 320,681 65,948 53,331 2H 148 386,694 378,415 77,038 66,006 447 396 627,678 610,828 75,034 60,589 1,283 Structural shapes (heavy), steel piling,., do 4 .„ PULP, PAPER, AND PRINTING WOOD PULP? Dissolving and special alpha......••.•.••.••......do...• Soda* semfchemfcal, screenIngs? damaged, etc96o06*doe»ffl» Stocks, end ©f month, total, a!! m\\\seeooaooooo,009fio00,e 545 * 9 69.1 All paper and board mills, productions TRANSPORTATION EQUIPMENT MOTOR VEHICLES; 134 134 229,410 j 220,62i 79,573 64,568 537,159 523,500 94,993 81.652 r/ Revised. USC(M4-DC-9 583. 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
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