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February 18, 1955 STATISTICS BUSINESS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS INDEX , 1947-49 = 100 200 INDEX, 1947-49 = 100 200 ELECTRIC POWER PRODUCTION (by utilities) Monthly (seasonally a djusted) 175 175 v 150 y— 125 100 . 1954 ^— - ^ I I I I I i i i i i i i i i t 1 i I I I 1 I 1 1 1 1 1 1 1 \ 1953 1952 1 1 1 150 - 125 I i l l 1 Ijyj 100 J F M A M J J A S O N D 1 1 1 1 1 1 1 1 1 1 1954 INDEX, 1947-49= 100 130 WHOLESALE PRICES - 1955 BILLION DOLLARS 20 SALES OF RETAIL STORES (seasonally adjusted) 120 — Commodities other than Farm Products and Foods • Total I 10 Nondurable Goods 10 \ —~~—^> 100 Durable Goods \ Farm Products 8 0 *-Ll l l l i l i 1952 1111 1111 11 i i 1 1953 11111 1 1 1954 1952 INDEX, 1 9 4 7 - 4 9 = 100 180 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 160 o 120 - I I I I I I I !i i 1954 Average Hours Per Week 1.60 i > i i 1111 i i i 1955 HOURS 56 52 48 44 (right scale) > 100 i Iiiin 1953 DOLLARS 2.20 MANUFACTURING HOURLY EARNINGS & HOURS 2.00 Average Hourly Gross Earnings (left scale) 1.80 Payrolls 140 0 I i i i i i 11 i i i i 1955 / 1.40 y 40 it Employmet R0 » i 111 J_JJ iiiii 1ii ii i 1 1 1 1 1 1 1 1 1 1 1 111 1952 .i i i 1953 ii1 in i i 1954 1955 1.20 /WVLLLLL 1952 n i i il i i i 1953 L_LJ 1954 l i n n J 36 1955 WEEKLY BUSINESS STATISTICS1 1954 1955 ITEM Feb. 6 Commodity prices, wholesale: A I I commodities 1947-49=100.. harm producTs do... . Foods, processed do.. . . A I I other do 22 commodities 2/ do.... Department store sales do.... Insured unemployment, total 3/ thous.. State programs do.... F inance: Currency in circu I at ion 4V.., mil. of do I.. Federal Reserve bank credit outstanding, total do.... Member bank reserve balances do.... Excess reserves, estimated do.... Federal Reserve reporting member banks in leading cities: Demand deposits, adjusted mil. of do I.. Time deposits, except Government do.... Loans and investments (adjusted), total do.... U. S. Government obligations • do.... Commercial, industrial, and agr. loans (gross)...do.... Real-estate loans (gross) do.... Failures, industrial and commercial number.. Bond yields, domestic corporate (Moody's) 4/ percent.. Stock prices,480 stocks (Standard and Poor's).1935-39=100.. Industrials, 420 stocks do.... Production: Bituminous coal 4/ thous. of short tons.. Electric power, by utilities mil. of kw.-hr.. Passenger cars and trucks (Ward's) number.. Petroleum (crude) and condensate 4V thous. of bb I. . Stee I 5.1 thous. of short tons.. Percent of capacity .5/...... Freight car loadings, total thous. of cars.. Mi see I laneous do.... Feb. 13 Jan. 22 Jan. 29 Feb. 5 I 10.4 93.8 103.2 I 15.4 91.8 85 Feb. 12 I 10.3 93.4 103.2 115.5 92.0 87.9 86 2,310 2, 120 *l10.5 *y/. / *IO4.8 *l14.4 88.4 91 2,368 2, 178 91.0 95 2,215 1,976 91.7 87 2,203 1,957 29,950 25,860 19,870 781 29,940 25,815 19,654 717 29,958 25,082 19,066 631 29,786 24,728 18,890 439 29,782 25,262 19,099 690 29,790 24,873 !8,838 544 55,588 19,662 80, I 19 32,989 22,638 6,486 238 3.26 199.5 216.7 54,789 19,680 79,151 32,409 22,556 6,485 277 3.24 200.7 217.8 58,368 21,456 85,449 36,602 22,163 7,238 265 3. 15 265.6 297.7 58,716 21,467 85,729 36,441 22,074 7,263 255 3. 16 270.5 303.7 57,639 21,471 85,359 35,799 22,054 7,279 264 3. 17 274.7 309.0 238 3. 17 277.9 312.2 1,266 8,684 129,898 6,322 1,774 #74.4 624 334 1,423 9,981 183,557 6,695 2,008 83.2 636 330 1,473 10,003 183,254 6,677 2,051 85.0 642 331 1,450 10,047 182,690 6,721 2,070 85.8 641 333 1,306 8,674 127,996 6,271 1,774 #74.4 624 330 181,919 2^095 86.8 _[/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes UCFE program beginning January 8, 1955. 4/ Daily average. j5/ Week ended February 19: Production, 2,129 thous. short tons; operating rate, 88.2 percent. * Monthly index for February 1954. # Not comparable with 1955 rates which are based on higher capacity as reported January I, 1955, MONTHLY BUSINESS STATISTICS 1953 1954 1955 ITEM December January October November December January COMMODITY PRICES Retai I pr ice: All commodities (U.S.Dept.of Commerce index).1935-39=100. Wholesale price index, all commodities 1947-49=100, Farm products do. . . Fruits and vegetables, fresh and dried do.., Grains do. . , r Livestock and I ive pou Itry do. . , Foods, processed do.., Cerea I and bakery products do. .. Dairy products and ice cream do.., Fruits and vegetables, canned arid frozen do.., Meats, poultry, and fish do.., Commodities other than farm products and foods do.., Chemicais and allied products do.., Chemlca Is, industrial do.. Drugs, Pharmaceuticals, cosmetics dc.. Fats and oils, inedible do.. Fert i I i zer mater i a I s do.. Prepared paint .do.., Fuel, power, and I ighting mater ials do.. Coa I do.. E lectr icity , do.., Gas do.. Petroleum and products do.. Furniture, other household durables do.. App I iances, household do.. Furniture, household do.. Radios do.. Te levision sets do.. Hides, skins, and leather products do.. Footwear do.. Hides and skins do.. Leather do.. Lumber and wood products do.. Lumber do.. r./ Revised. 209. I 110. I 94.4 89.9 90.6 83.9 104.3 112.2 III.3 IC3.9 89.7 114.6 107. I 118.6 93.8 58.6 113.9 112.7 I I I. I 112.5 100.7 109.6 114.9 115.0 109. I 114. I 94.3 74.0 95.6 57.7 88.7 I 17.4 I 16.4 209.5 110.9 97.8 91.2 9!.3 9J.8 106.2 112.4 109.4 103.8 96.4 I 14.6 107.2 118.4 93.9 61.2 114.0 112.8 I 10.8 I I 1.9 100.7 I I 1.8 I 14.2 115.2 109.6 114.2 96. I 73.5 95.3 I I 1.9 56.8 88.1 I 17.0 I 15.9 207,6 109.7 93. I 101.9 92.9 77.5 103.7 I 14.5 108.7 105.5 85.8 I 14.5 106.9 I 17.6 93.6 56.5 112. I 112.8 106.9 105. I 101.8 105.8 109.3 115.6 109.5 112.8 95.4 68.7 92.4 I I 1.8 49.5 82.1 I 19.8 I 19.5 r207.6 110.0 93.2 103.2 93.5 76.4 103.8 I 16.5 108.8 105.5 86.3 I 14.8 107.0 117.7 93.6 57.8 112.2 112.8 107.4 105. I 103.0 107.3 109.5 I 15.6 109. I I 12.9 95.4 69.2 92.8 III.7 52.7 82.0 I 19.9 119.6 207.4 109.5 r89.9 96.9 92.5 74.0 r103.5 I 16.8 108.2 r106.0 85.2 I 14.9 107.0 I 17.4 93.6 r59.3 113.3 112.8 r107.5 105.2 r100.7 rI 10.2 I 10.4 115.7 109.4 112.9 95.4 69.2 91.8 III.6 47.4 81.5 120.0 119.8 110.2 92.9 107.0 93.6 79.3 103.7 I 16.6 107. I 104.5 87.8 115.3 107. I 117.3 93.6 61.4 113.7 112.8 108. I 105.2 100.7 I 10.2 I I 1.6 115.7 109.2 I 12.9 95.4 69.0 92.0 III.6 49.3 81.2 120.3 120.0 MONTHLY BUSINESS STATISTICS — Continued 1953 1954 1955 ITEM December COMMODITY PRICES - Continued Wholesale price index - Continued Machinery and motive products Agricultural machinery and equipment Construction machinery and equipment Electrical machinery and equipment Motor vehicles Metals and metal products Heating equipment «. I ron and stee I Nonferrous metals Nonmeta I I i c minerals, structural C lay products Concrete products Gypsum products Pulp, paper, and allied products Paper Rubber and products Tires and tubes Text i le products and appare I Appare I Cotton products Silk products Synthetic texti les Woo I products Tobacco manufactures and bottled beverages Beverages, alcohol ic Cigarettes Misce I laneous Toys, sporti ng goods !947 49-100. do... do... .....do... do... do... do... do... do... do... do... do... do... do... do... do... do... do... do... do.. . do... do... do... do... do... do... do... do... DOMESTIC TRADE A I I retai I stores: Estimated sales (unadjusted), total \J mil. of do I. Durable-goods stores: Automot i ve group do... Furniture and appliance group do... Nondurable-goods stores: Apparel group do... Drug and proprietary stores do... Eat i ng and dr i nk i ng pi aces do... Food group do... Gaso I i ne service stat ions do... Genera l-merchandise group do... Estimated inventories (adjusted), total do... Durable-goods stores do... Nondurab le-goods stores do... Firms with II or more stores, estimated sales: Unadjusted do... Adjusted do... EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Civilian labor force thousands. Emp loyed do... Agr icu Itural emp loyment do... Nonagr icu Itura I emp loyment do... Unemp loyed do... Employees in nonagricuItural establishments: Total, unadjusted (U. S. Dept. of Labor) do... Manufactur ing do... Mining do... Contract construction do... Transportation and public utilities do Wholesale and retail trade do... Finance, insurance, and real estate ...do... Service and miscellaneous do... Government do... Production workers in manufacturing industries: Tota I.. do... Durab le-goods industries do... Ordnance and accessories do... Lumber and wood products (except furniture) do... Furniture and fixtures do... Stone, clay, and glass products do... Primary metal industries do... Fabr icated meta I products 2 / do... Machinery (except electrical) do... E lectrical machinery do... Transportation equipment. do.. . I nstruments and re I ated products do... Miscellaneous manufacturing industries do... Nondurab le-goods industries do... Food and k indred products do.. . Tobacco manufactures do... Texti le-mi I I products do... Apparel and other finished textile products do... r7 Revised. ment. £ / Preliminary. January 122.5 131, I 126; 8 I 18.5 127.5 fl5.5 132.8 122. I 120.8 132.1 117.2 122.1 117. I 126.8 124.8 130. I 95.8 97.9 90.9 139.3 85.5 112. I I 18. I I 14.9 124.0 100. I 113.2 16,444 122.7 131.2 126.8 118.9 127.2 115.3 132.0 121.5 120.9 131.9 117.2 122. I I 17.0 126.8 124.8 130.3 96. I 99. I 90.4 142. I 85.4 I I 1.0 118.2 I 15.0 124.0 101. I 113. I 12,339 October i24.3 122.0 131.6 125.2 118.6 129.7 I 14.3 135.0 127.4 121.9 135.4 I 17.8 122. I 116.3 126.5 128.5 129.6 95.4 98.6 89.9 127.0 86. I 108.4 121.5 I 14.3 124.0 96.7 I 12.7 November 123.3 121.3 131.8 126.7 121.0 129.9 I 14.3 135.5 127.2 121.8 135.4 117.4 122. I I 16.0 126.5 131.4 134.9 95.2 98.4 89.9 127.4 86.9 106.6 121.4 114.3 124.0 97.0 112.8 December r121.2 r132.6 r 126.8 r121.7 129.8 I 14.3 135.0 127.6 121.8 135.4 \ 17.4 122. I 115.9 126.9 132.0 134.9 95.2 98.4 r89.9 123.9 87.2 M06.7 I2L4 I 14.3 124.0 98.0 112.9 January 123.9 121.4 133.1 126.8 121.7 130.3 113.7 136.0 128.1 122.2 135.8 117.4 122.1 116.3 127.5 136.4 139.8 95.2 98.2 90.2 124.2 87.4 106.7 121.4 I 14.3 124.0 97.2 113.6 14,665 14,531 r17,872 13,313 2,478 836 r2,824 1,025 2,744 690 920 398 1,067 3,452 r1,448 r530 rl, I 13 r3,920 r 1,008 r2,850 22,173 10,161 12,012 670 391 992 3,412 931 1,218 2,279 1,000 2, 124 670 2,491 812 1,364 516 1,096 3,618 914 2,748 22,661 10,668 11,993 678 407 988 3,357 855 1,167 22,521 10,688 11,833 911 406 1,139 3,661 1,017 1,686 21,996 9,974 12,022 994 1,821 r22,130 r10,079 12,051 3,457 2,620 2,240 2,543 2,802 2,607 2,743 2,660 3,718 2,797 62,993 60,680 5,370 55,310 2,313 62,840 59,753 5,284 54,469 3,087 64,882 62,141 7,239 54,902 2,741 64,624 61,732 6, 154 55,577 2,893 63,526 60,688 5,325 55,363 2,838 63,497 60,150 5,297 54,853 3,347 50,197 16,765 822 2,632 4,187 11,361 2,040 5,435 6,955 48,147 16,434 805 2,349 4,069 10,421 2,033 5,377 6,659 48,668 16,058 716 2,777 4,012 10,581 2, 110 5,549 6,865 r48,827 rl6,107 r72l r2,724 r3,992 r10,782 2,108 r5,5ll r6,882 r49,476 r16,095 r720 r2,547 r3,997 rI 1,400 r2,110 r5,478 rl, 129 p47,802 p15,932 p7l2 p2,350 p3,94l p 10,508 p2,IOO p5,420 p6,839 13,319 7,791 184 654 301 448 1,074 875 1,238 883 1,487 241 407 5,528 1,083 104 1,028 1,084 13,002 7,616 177 617 293 428 1,049 874 1,230 855 1,470 237 386 5,386 1,024 97 997 1,062 12,652 7,133 I 12 720 299 438 969 829 1,091 817 1,246 213 398 5,519 1,169 112 988 1,050 r12,697 r12,686 r7,265 109 r685 r294 r437 r1,003 r843 rI,105 r827 r1,371 r2!3 r379 r5,42l r1,052 rIOl r995 r1,065 p 12,528 p7,200 plO6 p657 p288 p428 p1,007 p843 pi,108 p8M p1,376 p2ll p366 p5,328 p1,000 p93 p988 p1,052 ±/ January 1955 figures are advance estimates. r7,247 r I 10 r7l3 299 r439 r988 r845 r1,091 r828 r1,326 213 395 r5,450 rl,IO2 103 r992 r1,053 2/ Except ordnance, machinery, and transportation equip- MONTHLY BUSINESS STATISTICS — Continued 1953 1954 1955 ITEM December EMPLOYMENT AND WAGES - Continued Production workers in manufacturing industries - Continued Nondurable-goods industries - Continued Paper and allied products thousands. Printing, publishing, and allied industries do... Chemicals and allied products do... Products of petroleum and coal do... Rubber products do.. . Leather and leather products do.. . Manufacturing production-worker indexes: Employment: Unadjusted 1947-49=100. Adjusted do... Payrol Is, unadjusted do.. . Hours and earnings: Average weekly hours per worker, all manufacturing..hours. Durab le-goods industries .do.. . Nondurab le-goods industries do... Average weekly earnings, all manufacturing dollars. Durab le-goods industr ies do.. . Nondurab le-goods industries do... Average hourly earnings, all manufacturing do... Durab le-goods industr ies do.. . Ordnance and accessories do... Lumber and wood products (except furniture) do... Furniture and fixtures do... Stone, clay, and glass products do... Primary metal industries do... Fabr icated metal products _]_/ do... Machinery (except electrical) do... E Iectr i ca I mach i nery do... Transportation equipment do... Instruments and related products do... Miscellaneous manufacturing industries do... Nondurab le-goods i ndustr ies do... Food and kindred products do... Tobacco manufactures do... Texti le-mi I I* products do... Apparel and other finished textile-products do... Paper and allied products do... Printing, publishing, and allied industries do... Chemicals and allied products do... Products of petroleum and coal do... Rubber products do.. . Leather and leather products do... January October November December January r438 r525 442 525 540 181 209 332 438 514 540 178 206 332 440 525 529 175 204 329 r440 524 528 rl73 r205 r33l rl72 r2IO r335 p433 P5I9 p528 p 169 p2ll p336 107.7 107. I 147.2 105. I 105.6 140.8 102.3 100.9 r139.5 r102.7 r101.9 142.8 r102.6 rl02.0 r144.0 p101.3 p101.8 PI4I.5 40.2 40.8 39.3 72.36 77.52 64.45 1.80 1.90 1.93 1.60 1.57 1.75 2.08 1.88 2.01 1.80 2. II 1.82 1.61 1.64 1.65 1.25 1.37 1.36 1.72 2.25 1.87 2.26 1.93 1.38 39.4 40. I 38.5 70.92 76.59 63.53 1.80 1.91 1.94 1.59 1.56 1.75 2.08 1.89 2.00 1.80 2. 12 1.81 1.61 1.65 1.68 1.27 1.36 1.37 1.72 2.24 1.87 2.26 1.94 1.38 39.9 40.4 39.2 72.22 77.97 65.07 1.81 1.93 2.01 1.69 1.58 1.78 2. 13 1.92 2.03 1.83 2. 16 1.85 1.61 1.66 1.67 1.24 1.36 1.34 1.78 2.29 1.91 2.28 2.01 1.39 40.2 40.8 39.5 73.57 79. 15 65.97 1.83 1.94 2.01 1.67 1.58 1.80 2. 14 1.93 2.03 1.83 2. 18 1.85 1.61 1.67 1.71 1.29 1.37 1.34 1.77 2.29 1.93 2.29 2.02 1.38 r40.6 41. 1 r39.7 r74.30 80. 15 r66.30 1.83 1.95 r2.02 rl.63 1.58 rl.80 r2. 14 r 1.94 2.04 r 1 .84 2. 19 1.86 1.62 1.67 1.71 rl.30 1.37 rl.35 rl.78 2.30 r 1.93 2.28 r2.05 rl.39 p40.2 p40.9 p39.2 p73.97 p80.16 p65.86 pi.84 p 1.96 p2.03 pi.61 pi.58 pi.80 p2. 15 p 1.95 p2.04 p 1.86 p2. 18 p 1.86 pl.63 p i . 68 pi.73 pi.31 p i . 37 p 1.35 pi.78 p2.30 pl.94 p2.27 p2.06 pl.38 7,946 80 5,685 586 714 633 1,674 7,951 75 5,728 569 664 572 1,738 7,702 73 5,035 530 662 395 1,633 8,089 79 5,240 577 579 398 1,857 r8,287 8,838 79 83 528 METALS AND MANUFACTURES Steel ingots and steeI for castings: Production thous. of short tons. Percent of capacity Steel products, net shipments, totaI...thous. of short tons. Bars, hot rolled, all grades do... Pipes and tubes do... P lates do.,. Sheets do... r_/ Revised. £./ Preliminary. 619 497 421 2,054 _]_/ Except ordnance, machinery, and transportation equipment. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 5,449 PENALTY FOR PRIVATE USE T O A V O I D PAYMENT OF POSTAGE, $300
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