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February 14, 1958 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 Index, 1941-43 = SO 70 PRICES OF 4 2 5 INDUSTRIAL STOCKS Index, S94I - 4 3 MonfMy (Wednesday close) 60 50 "1 ^ ^ ^ \ ^ 40 ~ _ 30 - 20 A -j ^^T A JLJL^.6 1 JtJ-JLJL-LJLJL™ 1 1... 1 1 S i 8 1 JL_JL_1_ i \ i 8 s 8 t a i \ 6 . 1 1 1 1 » 1 1 1 J_L-i-J 1958 Index, 1947-49 = 100 180 Bil lion Dollars 20 SALES OF RETAIL STORES DEPARTMENT STORE SALES & STOCKS (seasonally adjusted) (seasonally adjusted) 160 Stocks (end of month) 140 120 Durable UJLI I i M I I I I I I 1 I I I I I I I I I I I I I I I I I J. .1 I I I I \\ I \\ 1 1955 1957 1956 1958 800 1 | n M h M • i I » I I i » 1 i i i i i 1 i i i i i I M i i i I i i i i i 1 i i i I I 1955 1956 1957 1958 Dollars 2.40 Index, 1 9 4 7 - 4 9 = 100 200 -MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 2.20 H A ^ N 125 "~ -- 2.00 H 1.80 A L60 , 52 Average Hourly Gross Earnings (left scale) b 150 Hours 56 MANUFACTURING HOURS & EARNINGS 175 &*^ Sales Goods \ H 48 Payrolls 1 Empi oyment 600 k 44 40 Average Hours Per Week (right scale) 7 5 A±±X±1±LLLL. l I 1 1 1 1, M i It Il 1 1 1 1 t 1 M .1 i n n h i i ill 1.40 U) I I l I I l I I l l I it I I l I I I I i i 1955 1956 i I i i i i i 1957 I I I I I I I Ml, 1958 36 WEEKLY BUSINESS STATISTICS1 2 1957 1958 ITEM .Feb. 2 Feb. 9 Jan. 25 Jan. 18 Feb. 8 Feb. 1 Commodity prices, wholesales •••••«!••• All O T n © r . e $ . . . • • . • • • . # « • • • • • « • • » • « » « • . • « • • • • « » « • • • • a CIO. . e e e«c»eee»9« 90.7 Insured unemployment, total• •••'•••••••••••••••,,.«•«•..thous.« *II6.9 *89.3 * 104.3 * 125.2 89.7 118.7 93.6 108.9 126.0 84.6 IS8.8 94.2 109.1 126.0 85.4 118,7 94.3 108.8 125.9 84.4 1 18.5 94.2 108.4 125.7 84.9 94 101 102 93 92 1,882 1,747 1,853 1,722 3,035 2,808 3,084 2,852 ••••••«••« 30,607 25,087 13,918 30,596 25,146 18,920 31,207 25,390 19,348 30,878 24,949 19,216 30,625 24,632 19,089 30,579 24,397 18,997 430 •••••••••• finance: Federal Reserve bank credit outstanding, total 3/..., 0 d©..« 8 Member bank reserve balances 3/9* •••••••••••••••-•do**.* 368 475 566 525 507 58,076 22,401 85,297 26,101 30,260 8,790 56,874 22,470 85,069 25,921 30,162 8,770 56,532 24,500 87,018 25,945 31,36! 8,747 56,556 24,592 86,521 25,861 30,857 8 753 56,134 24,790 86,187 25,923 30,638 8,744 320 287 260 333 326 4.01 44.91 47.74 4.01 43.82 46.47 4.09 40.99 43.84 4.02 41.20 44.03 4.00 41.88 44 0 72 1,463 !2,322 163,364 7,422 1,621 !2,0!9 170,120 7,461 1,407 12,400 128,388 6,925 1,381 12,399 125,740 6,923 1,353 12,238 122,714 6,842 2,498 97.6 648 344 2,485 97.1 665 344 1,538 #57.0 572 287 1,496 #55.4 551 274 1,459 #54.! 550 279 Federal Reserve reporting member banks In leading cities: j|/ Loans and investments Cadjusted), total,.. do.... Commercial, industrial, and agr* loans (gross)....do.... Real-estate loans (gross)..••...•.....••••........do.... Failures, industrial and commercial........... 8 S 0 . e s number.. Bond yields, domestic corporate (Moody B s> j|/ e . 9eo ..percent.. Stock prices, 500 stocks (Stand. & Poor 8 s) 4/...1941-43=10.. 1 ndustria 1 s, 425 stocks« e e e o ««,e e .«...«,.... e e s e e o a e .«do... e Product i on: Electric power, by utilities sesssess m|L of k w e - h r S 8 Petroleum (crude) and condensate ^ / s e s s « s e 3 8 S t h o u s s of b b S s e e»***e»**0 e e a * e • • e © e 342 4.0S 42. 19 45.09 SS84sess3S 125,652 1,457 #54.0' J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4V Wednesday data. J5/ Week beginning February 10, 1958: Production, 1,449 thous. short tons; operating rate, 53.7 percent. * Monthly index for January 1957. # Based on January I, 8958, M A I I O I capacity (140,742,570 t o n s ) ; not comparable with 1957 rates which are based on January I, 1957, annual capacity (133,459,150 tons). MONTHLY BUSINESS STATISTICS 1956 1958 1957 ITEM December January October November December January DOMESTIC TRADE All retaiI stores: ±/ Estimated sales (unadjusted), total............mi I. of dol.. Durable-goods stores: Automot i ve group ••....• do.... Furniture and appliance group ..do..., Nondurable-goods stores: AppareI group .......do.... Drug and proprietary stores do.... Eating and drinking places do.... Food group „ • ..•••••• do,.., Gasoline service stations.. ••••••••do,... Genera I-merchand i se group, .do.. • « Estimated sales (seasonally adjusted), total ..do...« Durable-goods stores. ••• do..• , Nondurab Ie-goods stores • do..., E st i mated i nventor i e s : Unadjusted, totai...... .....do..., Durab I e-goods stores • •••••• do..., Nondurab I e-goods stores. .do. •., Adjusted, tota I •• .do..., DurabIe-goods stores......•••••••••••••• .do..., Nondurab le-goods stores. ••••••.. • • «do..., Firms with II or more stores, estimated sales: Unadjusted ••••. .., • .do..., Adjusted •••••••••• .••••....••• •do*.., Department store sales, United States total: Unadjusted i ndex 1947-49= 100., Adjusted index.....••••..•••••••* do..., Wholesale trade: Sales, estimated (unadjusted), total bil, of dol., Durable-goods estabIi shments •••••-•'••••••..••.....do.•., Nondurab le-goods estab I ishments. do..., Inventories, estimated (unadjusted), total............dp... Durable-goods estabIishments. ...........••••••do.... Nondurab le-goods estab 1 ishments.. do..., r/ Revised. ±/ Data http://fraser.stlouisfed.org/ 12767 Federal Reserve Bank of St. Louis for January 1958 are advance estimates 19,380 14,740 16,949 r17,133 r19,853 15,515 3,122 1,194 2,996 2,945 919 2,977 962 r3,009 r1,144 2,786 803 1,694 632 1,201 4,052 1,182 3,033 785 488 1,096 3,690 1,137 1,328 1,083 559 1,263 4,102 r1,140 532 1,205 4,233 1,262 2,008 rl,790 r690 r1,247 r4,258 r1,286 r3,095 866 512 1,171 4, 195 1,233 1,357 16,340 5,814 10,526 16,295 5,706 10,588 16,714 5,612 11,102 r16,562 5,606 rI0,956 r16,855 r5,588 rII,266 16,973 5,620 11,353 22,400 9,940 12,460 23,860 10,700 13,160 22,890 10,380 12,510 24,010 10,770 13,240 24,500 10,380 14,120 24,220 10,950 13,270 r25,280 rll,060 14,220 r?.4,330 rI 1,210 rl3,120 23,440 10,900 12,540 24,480 11,420 13,060 4,641 3,425 2,917 3,371 3,597 3,458 3,798 3,454 4,713 3,610 776 i ,287 1,838 240 137 102 133 134 129 r!62 rl33 r24l r!38 11.4 4.2 7.2 12.9 6.3 6.6 11.4 12.3 4.5 7.8 12.9 6.6 6.3 II.I 3.9 7.1 13.0 6.6 6.4 10.7 3.7 7.0 12.5 6.4 6.1 4.3 7.1 12.-9 6.4 6.5 102 132 MONTHLY BUSINESS STATISTICS — Continued 1956 3 i958 i957 ITEM December January October November December January EMPLOYMENT AND WAGES Labor force (Bureau of the Census)? ±/ Employees in nonagricultural establfshments: Total, unadjusted (U. S* Department of Labor).........do.... Transportation and public utilities. '••••••••••do»*«« Finance, insurance, and real 0Statee,*«.*«*««««,««»*do#,.«, 66,732 62,238 4,998 57,240 4,494 67,029 1 64,550 5,110 59,440 2,479 65,821 62,578 4,935 57,643 3,244 68,513 66,005 6,837 59,168 2,508 68,06! 64,873 5,817 59,057 3,188 53,639 17,159 837 2,997 4,194 12,260 2,308 6,295 7,589 51,716 16,959 832 2,667 4,126 11,298 2,293 6,239 7,302 53,043 16,783 837 3,224 4,159 11,664 2,356 6,547 7,473 r52,789 rl6,573 829 3,059 4,123 rII,840 r2,355 r6,5l2 r7,498 r53,025 r16,325 J r826 r2,838 4,100 r!2,354 r2,348 r6,474 1 r7,760 p50,965 pl5,880 P 8I3 p2,570 p4,002 pll,497 p2,338 p6,400 p7,465 13,350 7,827 83 628 320 465 1,135 908 1,277 900 1,478 233 13,150 7,740 8! 594 312 453 1,133 904 1,287 884 1,481 231 12,893 7,389 70 r623 317 456 1,049 889 1,166 869 223 r12,703 r7,305 68 r602 312 448 r1,029 r887 N,I4! r852 r1,350 r222 r12,477 r7,!52 r67 r580 r306 r436 r1,006 r870 r1,122 r826 r1,351 r2!9 p12,048 p6,865 p65 p550 P29-7 p4ll p958 p837 pi,112 p796 pi,270 p2l2 5,523 1,076 93 948 1,093 472 566 547 174 216 338 5,410 1,015 88 935 1,076 468 557 549 172 216 336 5,504 1,143 94 906 1,075 470 567 532 173 210 334 r5,398 r1,073 86 893 r1,071 r469 566 r528 rl7l 209 333 r5,325 r1,030 r85 r884 1,063 r466 565 r525 r!69 r207 Y333 p5,l83 p974 p80 p856 pi,043 p455 p558 p5l6 p!67 p203 p329 107.9 107.5 171.4 106.3 107.0 165.5 104.2 102.8 162.6 r102.7 rlOi.8 r!60.9 100.9 100.5 r157.7 p97.4 p98.l p149.5 41.0 41.9 39.7 84.05 91.34 73.84 2.05 2.18 2.27 1.74 1.73 2.01 2.45 2.I44 2.27 2,05 2,43 2.07 40.2 40.9 39.1 82.41 89.16 72.73 2.05 2.18 2.28 1.72 1.72 2.02 2.47 2.13 2.27 2.05 2.38 2.08 39.5 39.8 39.0 82.56 88.75 74.10 2.09 2.23 2.38 1.84 1.77 2.09 2.55 2.22 2.33 2.08 2,47 2.14 39.3 39.7 r38.8 82.92 88.93 r74.50 2.11 2.24 r2.40 rl.84 1.75 2.10 2.55 2.23 2.34 2.10 2.50 2.14 r39.4 r39.7 r39.0 r82.74 r88.93 r74.88 r2.IO 2.24 r2.42 rl.82 rl.77 r2.09 r2,55 r2.2i 2.34 r2.ll r2.48 2.15 p38.7 p39.0 p38.4 P8I.27 p87.36 p73.73 p2. 10 p2.24 p2.4l pl.78 pl.76 p2.09 p2.54 P2.22 P2.35 P2.I2 p2.47 P2.I5 1.86 1.92 1.49 1.50 1.49 1.99 2.46 2.16 2.59 2.23 1.52 1.90 S.94 1.47 1.51 1.49 2.08 2.53 2.24 2.71 2.32 1.55 1.92 1.96 rl.55 1.51 1.50 2.08 2.53 2.26 2.73 2.33 1.57 61,398 24,081 8,215 3,483 i 2,015 57,523 20,686 7,762 3,114 1,790 67,770 64,396 5,385 59,012 3,374 Production workers in manufacturing industries: Lumber and wood products (except furniture), .do.--. Machinery (except eleetrical)9e«e8..08iee«,s«e.9eeodoseee, Instruments and related products ,„,„ do,,,. Nondurable-goods industries,, «„»,„,doffi.• . Food and kindred products,...••••••••••• .....do.,.. Apparel and other finished textile products.......do.... Printing, publishing, and allied products do.... Manufacturing production-worker indexes: Hours and earnings: Average weekly hours per worker, all manufacturing...hours.. Lumber and wood products (except furniture).......do.... 1.86 | 1.90 1.48 1.50 1.50 1.99 2.46 2.16 2.57 2.24 1.52 Apparel and other finished textile products.......do.... Printing, publishing, and allied industries Products of petroleum and coal , do.... ..do.... 1.92 i rl.98 1.57 1.50 rl.49 2.08 I 2.55 r2„26 ! r2.72 r2.3l rl.55 P».92 p2.00 pl.58 pi.50 pi.50 p2.08 p2.55 P2.27 p2.7l p2.3l pl.56 TRANSPORTATION AND COMMUNICATIONS Operations on scheduled airlines: *55,165 *25,11 \ \ Passenger-mites flown, revenue.e.0.ooe............mlSlions.. *7,892 *3,42l * 1,879 **5I,67I **22,803 **7,5?2 **3,040 **1,656 • •»•• £/ Revised. £/ Preliminary. * Data are for October 1956. ** Data are for November 1956. JY Estimates beginning January 1957 reflect certain changes made in the definitions for employment and unemployment, etc. Figures for December 1957, comparable with data through December 1956, in order as above (thous.): 67,792j 64,652; 5,391; 59,262; 3,140. 12767 MONTHLY BUSINESS STATISTICS — Continued 4 1957 1956 1958 ITEM January December TRANSPORTATION AND CQMMUNSCAT1ONS — October November January December Continued Freight ear loadings CA.A.R.): ±/ TOt@ S CSrS9ee«««ei«««<ic«(««eaee99e9««»«e«8tes«i>l tlOUSandS© © vOH 8e®®eae©s©®<s«©e«®o©©©®©©®e©©©o®®e©®©e©©<9©8»s«®<s©a L>©K©® CIO e e o a oog.(ss©aoooaQ®eoooeooooo«!'s«>ooooooc<5s>ooeosoo©aos©wOeooo rOr@ST pfOQUCTSe e^9«««eit««««e9se«8«ee9seeee«tee««e eS O O K 9 oe Grain and grain products.............................do.... L 1V @ S T O C K . a,Bseo©ee(DoesG>«©eefflasoo0©»oeea®©©©as©©ose©e 0 O »seo 0r© 0 © » ©e o 9 88«96«e«»8««s«iea6e«ee0»»«»*98»e«is8e9i)8«o8e««8ii»« Pn©rGn©^0 §S @ , 1© C a l e a © a » » a e © © © ® © © » ® e > ® 8 o © e © © © © © @ e > © ® 9 « .€*©. sa • Wl i S C @ 1 8 « » l © O U S » e e e © ® ® ® e @ « o s e s @ e @ s ® < » « @ ® » e @ ® @ e @ . @ e # & . ® e G O . © a s Freight-car surplus and shortage, dally averages Car surplus* total..................................number.. D O X cars»tt«tt«»ti>i(it««((*««»«»>»«<i«tt«e««itt>it»uOii«a Gondolas and open hoppers...........................do.,.. uar snorTag©, T.OTS i....... ^............................oo.... DOX CarS««««it«iite«««t«>«9«««e9»9asa9««eie<««««i«(> ®©. o . . Gondolas and open hoppers«.....<....*..,......#.#«....do.... 2,641 532 52 149 S95 24 118 205 1,365 6,637 1,052 191 3,507 1,024 2,408 2,221 461 33 132 213 21 64 ! 1731,123 2,565 528 52 155 201 24 31 200 1,324 2,920 543 40 148 2IS 49 289 220 1,419 3,223 635 47 175 254 47 191 249 1,626 13,331 19,965 9,275 2,376 245 127 92 54,072 18,237 23,057 29 23 0 2,164 457 28 136 208 21 63 166 1,086 105,263 1 5,776 | 326 1,646 r535 r992 S2,78l 5,913 133 1,480 518 903 2,635 2,106 2,543 2,064 9,871 6, 161 3,024 2,506 3,091 2,543 9,611 5,849 2,493 2,035 2,473 S,964 9,602 5,892 2,192 1,801 2,259 1,780 9,538 5,916 7,840 45,508 41,231 4,277 7,892 37,484 33,580 3,905 6,538 54,844 50,174 4,669 5,741 54,532 49,894 4,638 4,989 49,668 45,300 4,368 1,672.6 72.7 920.0 200.8 231.5 78.0 169.4 1,904.6 82.6 1,061.0 226.9 262.6 90.1 181.5 1,961.1 91.4 1,086.9 234.3 246.2 106.5 195.8 r1,850.6 87.0 1,037.3 208.8 r237.0 94.0 r186.5 1,624.8 72. S 882.4 1 195.9 225.9 83.0 165.7 912.0 189.5 617.1 105.4 884.0 208.8 575.3 100.0 880.3 217.6 564.3 98.5 r904.9 r239.9 561.5 103.5 890.5 220.6 568.8 101.1 i r2,380 r1,097 rl 088 12 184 2,672 1,217 121 1 13 231 2,796 1,201 1,304 13 277 r2,543 rl,108 1,194 12 r228 2,305 1,054 1,039 13 199 ! 1 35,032 52,482 46 18 1 LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Association!s Production* toxal......-.........i#.4..........mi 1. of htie ft.. SOTTWOOCJS . (» b n l pRien X S , s # e i ) » e » e « 9 9 9 e » « » e ./. « a ® ® ® . . . . . @ e . . @ . a @ e . e 0 © . 0 e 0 T O X a I© . . . e V © • ««>«.o« • ' . . . • • • . • • • • « • • • . . • • • • • • O O e . . . Stocks (grossly mill*, end of months total.............do.... OOTTWOOOS.........aee.a.ee.eeeeeeeeoeeeeeoeeeeeeeoeeuOes.. 2,520 2,002 2,375 1,898 9,777 6,1 17 1 METALS AND MANUFACTURES Iron ore (Lake Superior district — U. S, and Canadian ores): Stocks, end of month, total........ •••••••••••••••do.... A T T U P n a C e S eooeo0©o<Be©effle>©5>eoaeeeae®®6ooo!ios«o<»©o©& Un L.QK© trie ® G O . • • • '- Q O C K S oeoo»©eeofflo©s>©e)QOost®0©eo9oo©oaeea® O O ®s © . .......... eeoeoGeoeo PULP, PAPER, AND PRINTING Wood pulp: Soda, semi chemical, screenings, damaged, etc*.. do.... .......... All paper and board mills, production: r/ Revised. J . / Data for November cover 5 weeks; other months, 4 weeks. USCOMM-DC-12767 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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