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December 18, 1959

STATISTICS

BUSINESS

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
Billion Dollars

index, 1947-49 = 100

400

180

PERSONAL INCOME

TOTAL INDUSTRIAL PRODUCTION

(seasonally adjusted, at annual rates) ~\

(F. R. B. seas. adj. index)

350

H

160

300

h

140
Wage and Salary
Disbursements

250

200

h

120

M.' i i i | i i i i i I » i M » I i | | | i I i i i i i I i i i i i | i u i i I i i M i
1956

1957

1958

100

!,i I • M J.i • I,l l I, I I I I '

S959

1956

[

' ! ' ' • I • • ' ' • ' • • • • • I • • ' • • ' ' ' ,' •

1957

1958

1959

Data for June, July, and August include retroactive salary payments to Federal employees.

Billion Dollars
20
SALES OF RETAIL STORES

Mil lions
2.0
NEW PERMANENT NONFARM DWELLING
UNITS STARTED (privately owned) *

(seasonally adjusted)

1-5 h

1.0 h
Nondurable Goods

l

5 R

Durable Goods

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

1956

1957

1958

' • - ' I ' I i i 11 i 11 i i i i I i 111 i

I i i I I I I i I lI

i956

1959

Index, 1 9 4 7 - 4 9 = 100
200
MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)
175

Dollars
2.40

150 h

2 . 0 0 r-

125 h

1957

* Seasonally adjusted,
at annual rates
' ' ' ' ' ' ' '

1958

I i i I I I I ii

1959
Hours
56

MANUFACTURING HOURS & EARNINGS
2.20 h

Payrolls

H

52

H 4 8

Average Hourly
Gross Earnings
(left scale)

Employment

L80

\-

44

\
soo

1.60
Average Hours Per Week
(right scale)

7 5 I M | | I 1 i I i I i 11 I i i | I I i i | i 1 i i I | I I i | i i I 1 I I I I I 1 1 I I I I
1956




1957

1 9 5 8

1959

1.40

J-l I I I I I I I I I I I I I I 1 I 1 I I I I II I I I II II
1958
1956
1957

I I I I 1 1 I I I IJ3 6

1959

WEEKLY BUSINESS STATISTICS1

2

1958

1959

ITEM
Dec. 13

Dec. 6

Nov. 21

Nov. 2 8

Dec. 5

Dec. 12

Commodity prices, wholesale:
....1947-49** 100..
do....
do....
do....
do....
do....

A11 other

State programs ( i n c U Alaska and Hawaii)..

119.0
85.4
105.1
128.7
84.9
176
1,990
1,815
268

118.9
84.9
105.2
128.6
84.7
249

119.0
85.3
105.3
128.6
84.6

261

248
32,601
29,153
18,529

87.5
244
2,146
1,919
294

*II9.2
•92.1
•109.5
•126.8
86.7
.293
2,227
1,999
267

32,057
27,844
18,740
508

32,218
27,847
18,629
469

32,235
28,758
18,647
430

32,269
28,857
18,563
425

32,444
28,867
18,396
376

61,520
29,878

63,298
29,956

34,891

* "34*669

61,260
30,147
102 ,.,841
27,232
29,901
12,578
4.84
57.44
61.75

61,017
30,159
104,253
28,164
30,015
12,574
4.85
58.60
63.07

!

118.9
85. 1
104.9
128.6
85.2
182
1,833
1,664
287

F i nance:
Federal Reserve bank credit outstanding, total 4/....do....
do....
Reporting member banks (of F.R.System) in leading cities:^/
do....

11,374
4.38
52.53
56.06

11,420
4.38
53.46
57.09

60,790
30,108
103,251
27,542
29,912
12,562
4.86
56.99
61.22

1,527
13,017
170,295
7,067

1,572
13,450
161,281
7,097

1,571
13,812
80,427
6,935

1,600
13,173
56,181
6,969

1,508
13,907
67,065
7,027

1,985
#73.5
595
310

1,985
#73.5
589
303

2,233
78.9
629
313

2,540
89.7
574
290

2,650
93.6
650
330

Loans and investments (adjusted)^ total,
do....
Commercial and industrial loans (gross /..........OO....
....do....
Bond yields, domestic corporate (Moody f s)
Stock prices, 500 stocks (Stand. & Poor's) 5/..1941-43=10..
.-.
...do....
Production:
. of short tons.,
n mi1. of kw.-hr..
Motor vehicles (cars, trucks, coaches)....
Petroleum (crude) and condensate 4/.....«. ..thous. of bb1..
. of short tonsi.
.thous. of cars..
...do

545

4.85
58.97
63.45

97,538
2,732
96.5

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; veterans; and ex-servicemen. 4/ Daily average. J5/ Wednesday data. 6/ Week beginning December 14, 1959:
Production, 2,729 thous. short tons; operating rate, 96.4 percent. • Monthly index for November 1958. # Based on January I, 1958, annual
capacity (140,742,570 tons); 1959 rates based on January I, 1959, annual capacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS
1959

1958
ITEM
October
GENERAL BUSINESS INDICATORS
PERSONAL INCOME, BY SOURCE, SEASONALLY ADJ., AT ANNUAL RATES
TOTAL PERSONAL INCOME
bil. of dol.,
Wage and salary disbursements, total
do...
Commodity-producing i ndustr ies
do...,
Manuf actur ingonly......
.do. • •
Di str ibut i ve industr ies
do. • •,
Service i ndustries.
do.• •,
Government
......
do.. •,
Other labor income.....
.do...
Propr i etor s' i ncome:
Business and professional
......do...
Farm
•••
•
do...,
Rental income of persons
do...
Dividends
do...
Personal interest income...............
dosoe
Transfer payments
•••••
do.• •
Less personal contributions for social insurance...do...
Total nonagricultural income
do...
INDUSTRIAL PRODUCTION (F.R. INDEX OF PHYSICAL VOLUME):
UNADJUSTED, COMBINED INDEX
1947-49=100.
Manufactures
do...
Durable manufactures
do...
Primary metaIs
do...
Metal fabricating (including ordnance).........do...
Fabricated metal products
do...
Mach i nery. •••••
do...
Transportation equipment
do...
Instruments and related products
do...
Furniture and fixtures...
Lumber and products
Stone, clay, and glass products
Mi see I laneous manufactures
NondurabIe manufactures..............
Printing and publishing
Petroleum and coal products
r/ Revised, j)/ Preliminary.

9160



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

November

August

September

October

November

364.3
242.1
98.7
76.9
64.1
35.2
44.1
9.3

367.5
246.1
101.8
79.7
64.7
35.3
44.3
9.4

380.0
258.8
106.8
84.0
68.3
37.6
46.0
10. I

380.9
259.2
106.8
84.4
68.3
37.8
46.2
10.2

r382.3
r259.2
r106.4
r83.6
r68.5
r38.0
46.4
10.2

384.8
260.2
107.0
83.9
68.5
38.1
46.6
10.3

33.2
14.2
11.9
12.6
20.7
27.4
7.1
346.3

33.1
14.1
11.9
12.6
20.8
26.6
7.1
349.6

34.9
10.0
12.0
13.4
22.7
26.5
8.4
366.3

34.8

r35.0
rl0.2
12.0
rl3.6
23.3
r27.2

35.2
10.4
12.0
13.7
23.5
27.9

143
145
149
123
158
136
150
184
171

144
146
155
124
167
136
153
211
174

148
151
153
63
173
146
172
rl89
196

132
131
155
147
142
147
137

132
126
153
144
138
146
140

147
rl45
177
156
149
147
134

9.6
12.0
13.5
23.0
27.0

8.4

8.4

8.4

367.5

r368.1

370.4

151
rl55
rl59

r!52
rl56
rl60

r64
181
151

rl84
rl4l

pl50
pl53
pl58
pl06
pl73
pl36
pl77
pl84
p204

rl85

189
202
148
141
rl76

163
151
rl56
rl33

r64
186
207
r205
rl50
141
rl74
rl66

M5I
158
pl3l

pl48
pl65
pl63
pl47
pl59
pl44

MONTHLY BUSINESS STATISTICS—Continued

3

1958

1959

ITEM
October

November

August

September

October

November

GENERAL BUSINESS INDICATORS - Contin ued
Industrial production CF.R. index of physical v olurae) - Con.
Unadjusted Index - Continued
.1947-49=* 100..

124
75
144

123
75
147

116
63
144

116
65
145

117
-70
pl45

pl23
p74
pl48

138
140
146
122
156
133
147
183
169

141
143
151
123
163
136
150
203
173

149
rl53
rl59
67
182
144
179
211
198

149
152
158
r65
183
145
rl82
205
200

rl47
rl50
rl56
r63
r 181
rl38
rl8l
205
r203

pl48
pl50
pl56
pl05
p 171
pl36
pl76
pl78
p202

127
120
149
138

129
125
151
137

145
rl34
174
155

144
130
172
155

145
130
rl67
rl57

pl45

134
142
137
122
69
148

135
142
139
123
72
147

146
152
133
117
61
148

147
rl53
rl30
116
r62
rl49

rl44
154
p 131
117
64
pl49

pl44
pl54
pl43
DI23
p7l
pl48

17,360
5,379
2,613
932
1,083

17,039
5,343
2,756
937
929

18,054
6,240
3,410
942
1,092

17,570
5,709
2,878
921
1,093

r19,095
r6,420
r3,520
r988
1,104

17,902
5,660
2,890
1,002

11,981
1,135
556
1,280
4,344
1,384
1,932

11,696
1,119
541
1,204
4,188
1,338
2,018

11,814
958
587
1,458
4,295
1,504
1,843

11,861
1,120
591
1,378
4,215
1,419
1,917

r12,675
r1,197
r608
r1,374
r4,594
r1,462
r2,107

12,242
1,160
582
1,294
4,134
1,447
2,201

ESTIMATED SALES (SEASONALLY ADJUSTED), TOTAL. ••••••••do....
do....
do....
.do....

16,941
5,374
2,819
871
9*0

16,961
5,521
2,906
883
942

18,109
6,095
3,350
952
988

17,783
5,774
3,105
928
964

rl8,34!
r6,360
3,690
924
951

18,087
5,840

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

11,567
1,068
568
1,244
4,187
1,358
1,805

11,440
1,033
565
1,232
4,215
1,342
1,777

12,014
1,096
600
1,295
4,305
1,392
1,989

12,009
1,111
618
1,319
4,267
1,411
1,958

rll,98l
1,079
609
1,335
4,294
1,435
1,940

12,247

..do.,..
do....
do....
do....
........do....
• do...

24,180
10,110
14,070
23,490
10,250
13,240

24,840
10,620
14,220
23,600
10,460
13,140

24,520
11,370
13,150
24,800
11,620
13,180

r24,270
10,660
rl3,6IO
r24,770
11,500
r13,270

25,180
11,090
14,090
24,760
11,550
13,210

4,533

4,483

4,298

4,371

4,836

3,907
251
93
76
47
1,216
1,648
78
76

3,865
258
92
73
47
1,260
1,567
69
72

3,777
215
98
87
39
1,164
1,580
81
86

3,833
267
99
84
38
1,199
1,562
80
78

4,243
273
101
83
39
1,318
1,807
77
88

3,695
235
94
73
40
1,134
1,570
67
74

3,698
240
97
74
42 I
1,102
1,573
71
76 1

3,972
254
103
81

3,929
259 !
103
81
39 1
i,2ii
1,649
68
821

3,931
248
101
79
34
i,2.i4
1,654
66
86

Hetal fabricating (including ordnance). ...*•••.oo....

do....

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

do....

pl64
pl55

DOMESTIC TRADE
ALL RETAIL STORES: J./
•mi 1. of dol..
do....
do....

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

Estimated inventories:
llnad lusted tota1.
.......................

Retail firms with 4 or more stores:
Retail firms with II or more stores:
do....
do....
do....
do....
do....
do
Estimated sales (Seasonally adjusted), total. «•••••«•flo....
do....
do....
do....

,

do....
do....
1

r./ Revised.
FRASER
9160

Digitized for


j>/ Preliminary.

\l Data for November

1959 are advance estimates.

39
1,2/J5
1,635
71
82•

4

MONTHLY BUSINESS STATISTICS — Continued
.
1959

1958
ITEM
October

November

August

September

October

November

DOMESTIC TRADE - Continued
WHOLESALE TRADE:

Inventories, estimated (unadjusted), total

..„. e .do a ...

12.8

11.5

12.2

13.0

13.0

4.7
8.1

4.2
7,3

4,7
7.5

4.9
8.1

4.9
8ai

11.9
6.!

12.0
6.1

12.4
6.6

12.8
6.5

5,8

5,9

5.9

rl2.6
6.5
r6.1

69,111

68,485

70,667

69,577

70,103

69,310

65,306
6,404
58,902
3,805

64,633
5,695
58,958
3,833

67,241
6,357
60,884
3,426

66,347
6,242
60,105
3,230

66,831
6,124
60,707
3,272

65,640
5,60!
60,040
3,670

51 136

51,432

52,066

r52,648

r52,56l

p52,658

i5,536

15,795

16,169

708

712

639

2,887
3,897
11,225
2,380
6,463
8,040

2,784
3,885
!!,382
2,374
6,426
8,074

3,107
3,922
!1,360
2,474
6,582
7,813

r16,367
r620
r3,043
r3,927
r! 1,464
r2,452
r6,6i7
r8,!58

r16,193
r622
r2,962
r3,909
r!!,55!
r2,442
r6,609
r8,273

p16,209
p667
p2,8IO
p3,9M
pi!,714
p2,440
p6,57i
p8,336

11,721

11,981

12,173

r12,373

r12,209

p12,222

6,421
5,300

6,742
5,239

6,679
5,494

r6,847
r5,526

r6,79l
r5,4l8

p6,875
p5,347

94.8
93.4
152.5

96.9
96.0
158.4

98.4
9764
164.9

r100.0
r98.3
r169. 1

r98.7
r97.3
r166. 1

p98.8
D98.0
p166.1

39.8
40.!
39.4
85.17
91.83
76.83
2.14
2.29
1.95

39.9
40.3
39.4
86,58
94.30
77.22
2.17
2.34
1.96

40.5
40.8
40. I
88.70
95.88
80.20
2.19
2.35
2.00

40.3
r40.8
39.8
89.47
r96.70
80.79
.2.22
r2.37
2.03

40.3
r40.9
r39.5
89.06
r96.52
r79.79
2,2!
2.36
2.02

p39.9
P40.3
p39.4
P88.98
p95.9!
p79.59
p2.23
P2.38
p2.02

3,272
2,679
3,266
2,667
9,025
5,484

2,731
2,132
2,660
2,049
9,096
5,567

3,17!
2,528
3,137
2,530
8,816
5,099

3,324
2,689
3,119
2,553
9,022
5,235

3,304
2,671
3,145
2,518
9,212
5,419

J

6.3

EMPLOYMENT AND WAGES
CIVILIAN LABOR FORCE, TOTAL

, e 0 .thousands,,

EMPLOYEES IN NONAGRICULTURAL ESTABLISHMENTS (UNADJUSTED):

PRODUCTION WORKERS IN MANUFACTURING INDUSTRIES (UNADJ.):

Manufacturing production-worker

indexes:

Hours and earnings:
Average weekly hours per worker, all manufacturing..hours..

Average weekly gross earnings, all manufacturing..dollars. e

Average hourly gross earnings, all manufacturing.....do..,.

LUMBER AND MANUFACTURES
LUMBER (NATIONAL LUMBER MANUFACTURERS ASSOCIATION):

jr/ Revised, p/ P r e l i m i n a r y .
USC0MM-DC-9I60

PENALTY FOR PRIVATE USE TO A V O I D
PAYMENT OF POSTAGE, $300

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT
Digitized forSURVEY
FRASER
OF CURRENT


BUSINESS