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.iTMENTOf,.^ February 15, 1957 BUSINESS STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected weekly and monthly data subsequent to those published in t h e latest monthly SURVEY SELECTED BUSINESS INDICATORS INDEX, 1 9 3 5 - 3 9 = ! 0 0 800 INDEX, 1935-39 = 100 600 Monthly PRICES OF 420 INDUSTRIAL STOCKS (Wednesday close) | 500 — —-j 400 1* H 500 n J 300 2 0 0 ZS^x-±-±A~i~±-±~x-xm •-1-J-J—L.J^LjL-.L-l 1954 1 l i 1. I i 1955 i 1 i I i i l \ i i i i I i s i i i 1 J F M A M J 1957 1956 J A S O N D THOUSANDS THOUSANDS 250 1,200 Monthly PASSENGER CAR AND TRUCK PRODUCTION (United States plants) 1,000 800 r^hV f\ 600 400 200 200 -1 •^\f - v n.\ \ \ \ ) \ \ \ \ ) \ 1954 150 1V . 1 1 1 1 1 1 1 1 1 1 L- ^.fV 1955 i 1 1 i ^f 100 ,v 1 1 1 i 1956 1 i L INDEX, 1 9 4 7 - 4 9 = 100 DOLLARS 200 2.40 S75 h 1 t \ 1 1 1 1 1 1 1 11 I J F M A M J 1957 J I 1 0 A S O N D HOURS 56 MANUFACTURING HOURS & EARNINGS MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 2.20 52 Pay rolls Average Hourly Gross Earnings S50 h 2.00 125 h 1.80 100 h 1.60 b 48 (left scale) H 44 40 Average Hours Per Week ' 7 5 Lu-i-LLi-UJ-l l l l l l l l I l l H I M H I l l l M H 1954 S955 1956 LllilllllLl S957 1.40 (right scale) j , i i i i I i I i M I i i I T I I M I i i 1i 1954 1955 I I I i I i I I 1 I 1956 JJ u I I M i I ^ 1957 36 WEEKLY BUSINESS STATISTICS' 2 1957 1956 ITEM Feb. 4 Feb. II Jan. Jan. 19 26 Feb. 2 Feb. 9 Commodity prices, wholesale: 89.5 90 1,658 1,513 •III.9 •84.1 •98.3 •120.4 88.9 97 1,637 1,497 116.7 88.9 104.1 124.9 92.3 100 1,837 1,705 117.0 89.2 104,5 125.2 91.3 96 1,865 1,729 116.9 89.4 104.3 125.2 90.7 94 116.8 88.9 104.4 125.1 89.7 30,223 25,248 18,834 484 30,219 25,104 18,773 533 31,108 25,954 19,300 525 30,827 25,636 19,342 559 30,607 25,087 18,918 309 30,595 25.146 18,920 57,607 2i,446 84,694 28,822 26,290 8,154 57,048 21,460 84,130 28,499 26,211 8,162 58,523 22,329 86,503 26,823 30,595 8,831 58,296 22,362 85,583 26,330 30,349 8,807 58,076 22,401 85,297 26,101 30,260 8,790 273 3.28 322.0 369.5 236 3.28 321.6 369.3 278 4.05 334,0 388.1 258 4.03 330.8 383.9 320 4.01 330.2 382.4 1,626 11,540 167,272 7,081 1,692 11,343 160,967 7,046 1,654 12,556 167,912 7,431 1,695 12,410 168,329 7,396 1,463 12,322 163,504 7,422 2,444 #99.3 681 352 2,439 #99.1 684 354 2,467 96.4 657 336 2,472 96.6 666 340 2,498 97.6 648 344 ••••1947-49 100 . do.... do.... do.... A11 other do.... Insured unemployment, total..••••••••••••... ••••••»••.thous.. do Finance: Currency in circulation 3/ «••••..••••••••mi 1. of dol.. Federal Reserve bank credit outstanding, total 3/.,..do.... do.... Federal Reserve reporting member banks in leading cities:^/ • ••.mi 1. of do 1 • • Time deposits, except U. S. Government., Loans and investments (adjusted), total. (in Commercial, industrial, and agr. loans (gross)...do.... Bond yields, domestic corporate (Moody's) Stock prices, 480 stocks (Stand.i Poor's) 4/..1935-39-100.. Production: Bituminous coal 3/,.....,.... ...thous>. of short tons., .mi I. of kw e -hr». ,.thous. of cars.. do 378 4.01 322.8 372,9 •69,883 2,485 97,1 \_l Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning February II, 1957: Production, 2,469 thous. short tons; operating rate, 96.5 percent. • Monthly index for January 1956. # Not comparable with'$957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1957 1956 1955 ITEM December GENERAL BUSINESS INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, total mil. of dol. Farm marketings and CCC loans, total do... Crops do,.. Livestock and products, total do... Dairy products••••• do.• • Meat animals »•..•• • do... Poultry and eggs do... Indexes of cash receipts from marketings and CCC loans, unadjusted: A11 commod i t i es 1947-49= 100. Crops do. •. e Livestock and products ,..,,do,.. Indexes of volume of farm marketings, unadjusted: A11 commodities do,.. Crops ...••• .do... Livestock and products do... October November December January 2 ,768 2 ,728 1,406 1,322 371 615 371 2,772 2,743 1,485 1,258 350 584 307 2,530 2,491 1,212 1,279 364 630 265 3,927 3,755 2,131 1,624 363 945 296 r3,306 r3,2l6 r 1,749 1,467 113 138 92 102 113 94 154 198 119 r!32 rl63 132 141 125 122 117 126 177 208 153 r!57 rl76 142 128 131 125 208.1 207.6 213.4 r2S3.8 213.9 mil. of dol. 19,268 13,866 16,282 16,639 r19,532 14,913 do... •••••do... 3,118 1,163 2,744 2,830 761 956 2,907 1,003 r3,122 r ,194 3,019 821 721 459 1,034 1,084 3,517 1,012 1,278 1,227 3,881 1,180 1,808 1,095 470 1,158 4,024 1,184 2,030 r ,694 632 r ,201 813 488 1,085 3,794 1,143 1,321 COMMODITY PRICES RetalI price: All commodities (U.S.Dept.of Commerce index)..1935-39=100. DOMESTIC TRADE A 11 retaiI stores: Estimated sales (unadjusted), total U Durable-goods stores: Automot i ve group rurniturc and app!!?nc<* group. Nondurable-goods stores: Appare I group Drug and proprietary stores Eating and drinking places Food group Gasoline service stations. Genera I-mere hand i se group. •••• January do.. • do... •••» s » s s do e ,» do... do,.. do, • • jr/ Revised. U January 195/ figures are advance estimates. 1,598 590 1.182 4,168 1,104 3,010 480 342 806 30! 108 112 131 97 r4,204 r ,182 r3,033 MONTHLY BUSINESS STATISTICS — Continued 1955 ITEM December 3 1957 1956 January October November January December DOMESTIC TRADE - Continued All retail stores - Continued Estimated inventories: of dol.. ...do.... ...do.... ...do.... ...do.... 22,440 10,410 12,030 23,900 11,230 12,670 22,790 10,870 11,920 24,080 11,390 12,690 24,000 9,920 14,080 23,320 10,090 13,230 24,750 r10,450 r14,300 r23,490 r10,420 r13,070 22,360 9,910 12,450 23,800 10,690 13,110 ...do.... ...do.... 4,029 2,916 2,449 2,936 3,114 3,029 3,337 3,132 4,136 3,! 39 -49=100.. ...do.... 212 123 95 124 128 122 158 131 of dol.. ...do.... ...do.... .•.do..o• ...do.... ...do.... 10,180 3,410 6,770 12,290 6,080 6,210 9,360 3,120 6,240 12,480 6,280 6,200 11,690 3,950 7,740 13,500 6,630 6,870 rl1,160 r3,670 r7,490 r13,640 r6,590 7,050 10,570 3,410 7,160 13,310 6,540 6,770 ousands.. ...do.... ...do.... ...do.... ...do.... 66,592 64,165 5,884 58,282 2,427 65,775 62,891 5,635 57,256 2,885 68,082 66,174 7,173 59,000 1,909 67,732 65,269 6,192 59,076 2,463 67,029 64,550 5,110 59,440 2,479 65,830 62,890 4,943 57,947 2,940 51,996 17,027 783 2,756 4,161 11,849 2,243 5,853 7,324 50,284 16,842 777 2,588 4,083 10,920 2 23° 5^803 7,033 52,455 17,222 812 3,30! 4,177 11,288 2,3!2 6',045 7,298 r52,484 rl7,l5l r8ll r3,i9l r4j70 r11,496 r2.3l3 r6,OIO r7,342 r53,134 r!7,l29 r8ll r2,998 r4,l69 rl2,09l r2,308 5,972 r7,656 p51,297 p16,935 p80l p2,754 p4,J24 pi 1,182 p2,297 p5,9l2 p7,292 13,451 7,838 87 654 325 474 1,141 928 1,250 868 1,471 231 13,260 7,751 87 635 322 468 1,141 913 1,261 854 1,449 230 13,439 7,751 82 664 322 484 1,132 911 1,264 914 1,319 237 r13,353 r7,802 r82 r634 318 r479 rl,J32 r9ll r1,273 r9l8 r1,402 237 rl3,3l6 r7,798 83 604 r3l8 r473 j r1,137 910 r1,286 r904 r1,449 236 p13,117 p7,709 p82 p575 p3ll p457 pi,137 p90l pi,290 p89l pi,447 p235 5,613 1,079 101 1,000 1,122 465 545 556 171 231 346 5,509 1,022 95 991 1,105 458 538 556 171 230 345 5,688 1,226 110 952 1,091 468 564 554 175 220 328 r5,55l r1,131 rIOl r949 r1,088 467 564 r550 rl75 r!99 r327 r5,5l8 r1,082 r97 r943 r1,090 r469 r568 552 r!74 r2l6 r328 108.7 108.3 163.7 107.2 108.0 159.1 108.7 107.1 168.7 r108.0 r107.1 rl67.7 r107.7 r107.3 r170.9 p106.0 p106.8 pi 65.1 ...do.... ...do.... 41.3 42.0 40.4 79.71 86.52 70.30 1.93 2.06 1.74 40.7 41.2 39.9 78.55 84.87 69.83 1.93 2.06 1.75 40.7 r4l.4 39.8 82.21 89.01 72.83 2.02 2.15 1.83 40.5 41.2 39.6 82.42 88.99 73.26 2.03 2.16 1.85 41.0 41.9 39.8 84.05 91.34 74.03 2.05 2.18 1.86 p40.2 P4I.0 P39.0 P82.4I p89.38 p72.54 p2.05 P2.I8 pl.86 of dol.. ...do.... 38,648 29,020 37,848 28,886 40,196 30,811 40,63 i 31,024 ...do.... 3,785 3,034 2,885 3,019 3.382 3,278 3,387 3,174 Firms with II or more stores, estimated sales: Department store sales, United States total: r223 rl29 | p96 pl26 Wholesale trade: Inventories, estimated (unadjusted), total EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Employees in nonagricultural establishments: Total, unadjusted (U. S. Department of Labor)..... ••.do..•. ...do..,. ...do.... ...do.... ...do.... ...do.... Production workers in manufacturing industries: Tota 1 ...do.... ...do.... Lumber and wood products (except furniture)... ••.do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... Apparel and other finished textile products... ••.do.... ...do..., Printing, publishing, and allied products ...do.... ...do.... - s «do s s e s ...do.... Manufacturing production-worker indexes: -49=100.. ...do.... Hours and earnings: Average weekly hours per worker, all manufacturing ..hours.. ...do.... ...do.... dollars.. ...do.... ...do.... FINANCE Consumer crediT ishorT- ana iniwimeuists tsrrr;}: 4 ' °63 3U552 installment credit extended and repaid: £/ Revised. 2./ Preliminary, U Except ordnance, machinery, and transportation equipment. 3,735 3,207 f p5,408 pi,030 p89 p932 pi,062 p466 p56l p548 pl73 p2l7 p329 MONTHLY BUSINESS STATISTICS — Continued 4 1956 1955 1957 ITEM December January October December November January FINANCE - Continued Consumer credit (short- and intermediate-term) - Continued Installment credit extended and repaid - Continued Federal Government finance? Gross debt (direct), end of month, total••••.••••••••do,,.. Interest bearing, t o t a l a , a . # v . 0 . . , . . . . s a a . . . . « „ . , . d o a . . . Spec i a 1 i ssues, •••••••••••••••••••••••••••••••••. do.... Obligations guaranteed by U.S.Government, end of m o e 8 d o , e a o TRANSPORTATION AND COMMUNICATIONS Operations on scheduled airlines: Miles flown, revenue*,, ••••••••• ••••••••••thousands^. Express and freight ton-miles f lown,.. O B ,.,, ••••.., o a do,,.. Mail, ton-miles flown.•••••••••••••••••...•••••••••••do,••• Passengers carried, revenue.,.,.,, ••••••••••••••••••.do..,. Passengei—miles flown, revenue.,,,.,.,.,,.,..•,.,mi11 ions,. 3,315 2,918 3,441 3,109 3,370 3,183 r3,453 r3,160 3,368 3, 185 280,769 277,799 233,873 43,926 2,970 53 280,049 277,170 233,584 43,585 2,879 53 275,283 272,720 227,238 45,482 2,563 89 277,017 274,471 228,749 45,722 2,546 94 276,628 274;2I9 228,581 45,639 2,408 103 *49,201 *2 1,526 *7,0S5 *3,08! * 1,674 *#45,592 ##19,257 **7,009 **2,705 •»1,453 55,!65 25,11! 7,892 3,421 1,879 51,671 22,803 7,522 3,040 1,656 2,889 2,281 2,794 2,122 8,684 5,384 2,940 2,313 2,908 2,232 8,737 5,486 3,403 2,749 3,156 2,572 9,496 5,910 2,975 2,368 2,804 2,248 9,660 6,023 r87l,8 r805,4 r1,082,3 r9l2.9 r4ll.5 790,0 726,0 1,028,0 847,0 426,0 ,,,,,,»,,, | 276,229 273,698 228,367 45,331 2,531 107 8 , , , , . , , , * @ee, S O , , «•«,«••••• , , © , , « c e s a s o s s a © • e , 0 ,8. • • a , , , , , . , ,, . .. , , ., ..,.....•• ;...•••••••• e • o o . , , . . . LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Association): Production, total,,,,«,,,,,,,,.,,,,,.,,,,,,,, „mi 1, of bd, ft,. Softwoods,•••••••••,•••••••••••••••••••••••••••••••do*••, S h i pments, tots I...,,,..•••,•••••••••••.••»•»,••••••• do e ., • Softwoods*••••,,,••••«««•••••••••••••••••••.••••.•,do, • se Stocks, gross (mil! and concentration yards), total,.do,*«. Softwoods, ...•.•.•.•••...•.••••...•.•....•...••... ,do,,,, 2,554 2,003 2,390 1,883 9,824 6,143 © s o a s s a , ^ . & , @ , , , , e a . © e e s ® , ® , © . » a « , o e © « o . , © , , 9 ® © , ® © •••••••••• PAPER AND PRINTING Paper, excluding building paper, newsprint, and paperboard: Orders, new J,/ 8 9 e „ S 9 < », s ,„ < ( 9 9 „ 9 8 9 . < 1 thous 8 of short tons*„ Orders, unfilled, end of month J./..,,••••••••••«•••do 6ae . Product t on•••••••••••••••••••••••••••••••••••••••••do,••• Shi pments J/...,.,...,,..,.,,,,,.,,,,,,,,,,,.,...,.do,,,, Stocks, end of month J/.a„ffl....eoBffl....•••.....••,.do.... Fine paper: Orders, new,•••,•••••••••••••••••••••••••••••......do,,,. Orders, unfilled, end of month*•,,,,,..,,9.98 do,,., Product i on.•••••••••,•,,•••,.•••••••••••••••••••••,do,.., Shipments,••••••••••»••••••••••• ••••••,•••,,,••••,,do«•,, Stocks, end of month.,....,.,••••••••••••••••••••••do.,,. Printing paper: Orders, new,,.,... • ••••••.•••••••••..••••••••• ,do,.,. Orders, unfilled, end of month,,,,,„,,,,„••,.•••••.do,... Producti Stocks, end of month Coarse paper: •••••• ••••• •••••••• do,,,, Orders, unfilled, end of month,,••••••«••••,.•••.,,do,,,, Product ion .,........,......,., ,do, •., Stocks, end of month •••••,•••••••.•••••••,..do,.,. * 1,034,4 | *892,7 * 1,022.3 * 1,004,4 #459,4 #*957,2 **876,0 **973,7 «-95308 ##47 f . | * 129,5 * 108,8 ^128,9 * 125,4 *fQI,5 ** 122,5 «•106,8 **I25„3 **126,9 ^99.0 r!2S,4 r104,3 M4I.7 r137.1 r96,4 117.0 96*0 131.0 127,0 99a0 *357,0 *441.2 *337.7 ^340,6 * 153,8 **34Q o 0 **438.2 ##333.6 **335,7 **I5I.6 r357,0 r485,0 r375,4 r378,1 r160.6 315,0 430,0 360,0 356#0 165.0 #339.0 *2 80.5 #332,6 *328.4 *89.0 **382.3 **205.0 **3I5.0 **309.3 *#93,0 r332,8 r168,2 r333.1 r334.8 r94,0 3G7#Q S54,0 319,0 311,0 102.0 *,<*«,, •••••• , o ® s , « s « , • • e , s , , , , , , •«••««,«•• •..•••,,,, • ••••••• • • , o • « . • e • * , vetxzoeveo® •e $ , , 9 a a « a e a < » 9 e s , » s o o o e o o o e o o s@«seee,«e 9 S 3 8 » » 6 6 6 8 0 •••••••••• ! e ® , © , , © , , ,,«,„,.*«,<!, 1 ,,,,«,,..,, a f f o » s © s o « a e e a e , , e , © a « a , , , , , , , , . ,«,,,«»,,• a e s o e e , , © . a , , . . , , * , . • 86,,©,,,© ® o a « < s s e © , » © •««,,»,»,. s e s e e e s e s . • ...,, .98, S 9 e # © e » e s « « .,,,,«,,, e a ® « ® 0 , e e e ----- as, as,®,a. •••••••••• Bl9e ,,,,.,, ,,,,,,,,,» r/ Revised. *'Data are for October 1955. *^ Data are for November 1555, ±/ Beginning January 1956, data exclude estimates for "tissue paper.'* 3 B, JL3 3 PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS