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^S°fr~

BUSINESS

°h

January 17, 1958

STATISTICS

*<-°*

BJSHS

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, 1 9 4 7 - 4 9 * 100
250

INDEX, 1 9 4 7 - 4 9 =100

250
Monthly

ELECTRIC POWER PRODUCTION (by utilities)
(E. E. I. seas. adj. index)

225

h

225

200

200

175

175

150

\h I

I

I

l

i

I

I

I

I

I

I

1

< 1

I

1954

BILLION

I

I

i

I

I

I

t 1

I

I

1955

I

I

I

I

I

I

I

I I

I

I

I

1956

I I LI LI

I

I

I I

_U

111

1 i

I I I ij

150

J F M A M J J A S O N D

1957

INDEX, 1 9 4 7 - 4 9 = 100
120 I

DOLLARS

20

SALES OF RETAIL STORES

FREIGHT CARLOADINGS*

(seasonally adjusted)

(seasonally adjusted)

HO
' Total
100 h
10

/

Nondurable Goods

5

b
Durable Goods
Average per working day
I I I I II M I

I I I II I I I I I I

i Ii i i I i i i i I

I I II I I I I I II

1955

1956

1957

1954
INDEX, 1 9 4 7 - 4 9 = 100
200

70

1 M I I I I I I I I 1 I I I I I I I I I I I

1954

1955

I I I I I I II

1 ' IIII I I I M

1956

1957

DOLLARS

HOURS

2.40

MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)

56

MANUFACTURING HOURS & EARNINGS
2.20

2.00

H 52
Average Hourly
Gross Earnings
(left scale)

1.80

1.60
Average Hours Per Week
7 5

I i i i i i I i i i i i 1 i i i i i I i i i i i I i i i i i I i i i i i 1 i i i i i I i i i i I
1 9 5 4




1 9 5 5

1 9 5 6

1957

1.40

(right scale)
, i-t i i I i i i M I i i I i i M i I M I I I I I I I M I I I I I I I I I I I I I I I

1954

1955

1956

1957

36

WEEKLY BUSINESS STATISTICS1

2

1957
ITEM

Jan.

5

1958

Jan. 12

Dec, 21

*II6.3
*88.9
•103.I
* 124.7
92.0

118.2
92.7
107.2
125.8
84.7

i

Dec, 28

Jan. 4

Jan. 11

Commodity prices, wholesales

««....«.
**92.5

F i nance:
Currency in circulation 3/
••••••••••mil. of dot.*
Federal Reserve bank credit outstanding, total 3/..,.do,...
Federal Reserve reporting member banks in leading citles:4/
Demand deposits, adjusted•
•••••.mil. of dot..

Commercial, industrial, and agr. loans (gross)...do....
Real-estate loans (gross).....
do....
Failures, industrial and commercial.,..........#...number..
Bond yields, domestic corporate (Moody's) 3/......percent..
Stock prices, 500 stocks (Stand. & Poor»s) 4/...f94t-43«!0 9 .

118.4
93.9
107.5
125.8
84.7

93

107

274

148

1,833
1,702

1,838
1,706

2,086
1,922

2,449
2,325

31,829
27,524
19,856

31,479
26,809
19,701

31,973
26,218
19,483

32,089
26,687
19,666

746

730

636

57,629
22,088
87,634
26,774
31,137
8,839

57,760
22,204
86,198
26,272
30,753
8,832

56,651
23,970
88,578
26,010
32,305
8,780

!

118.4
93.1
108.0
125.8
84.3

!
!

1 18.5
93,6
108.1
125.8
84.8

95
e.e.ee.e

••
31,959
26,623
19,707

31,553
26,100
19,658

714

730

743

56,169
24,140
88,487
26,087
32,288
8,772

56,934
24,306
89,015
26,422
32,250
8,762

|
f

eoseeeee

.««««•**

222

256

276

!66

203

324

4.06
46.20
49.48

4,06
46.19
49.3!

4.29
39.38
42.19

4.26
39.52
42.36

4.21
39.99
42.86

4.17
40.99
43.93

1,854
11,671
102,217
7,417

1,708
12,327
167,451
7,396

1,563
12,412
163,071
6,915

1,138
IS,218
92,342
6,940

1,396
11,692
89,357
6,863

2,490
#97.3
561
299

2,559
#98.4
681
349

5,742
#68.1
590
292

1,366
#53.4
410
210

55.6
472
241

Production:

Stee! 5/.......»«....................thous. of short tons,.

«•
139,315
5,515
56.1

±/ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Daily average. ±/ Wednesday data. .5/ Week beginning January 13,
1958:
Production, 1,538 thous. short tons. * Monthly index for December 1956. ** Wednesday price. # Not comparable with 1958 rates,
which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1956

1957

ITEM
November

December

September

October

November

December

COMMODITY PRICES
RetaiI price:
All commodities (U.S.Dept.of Commerce Index).1935-39=100.,

213.8

213.9

217.5

r2!7.2

217.3

77.4
77.0
54.6
.4

63.6
62.9
44.6
.7

r9l.9
r90.2

r60.9
rl.7

95.0
87e0
58.7
8.0

78.0
75.7
51.5
2.3

62.0
60.8
41.8
1.2

1,027.0

1,020.0

rl,012.0

1,000.0

1,010,0

970.0

16,493

19,380

16,373

16,949

r17,126

19,661

2,907
1,003

3,122
1,194

3,078
853

2,945
919

r2,977
r962

2,974
1,157

1,095
470
1,158
3,877
1,184
2,030
16,212
5,664
10,547

1,694
632
1,201
4,052
1,182
3,033
16,340
5,814
10,526

1,010
515
1,291
3,937
1,262
1,696

r1,133
r532
rI,205
r4,233
rl,262
r2,008
r16,556
r5,606
r10,950

1,722
703
1,216
4,146
1,280
3,071

16,919
5,722
11,197

1,083
559
1,263
4,102
1,287
1,838
16,714
5,612
11,102

24.750
10,450
14,300
23,490
10,420
13,070

22,400
9,940
12,460
23,860
10,700
13,160

24,270
10,690
13,580
24,360
11,120
13,240

r24,500
10,380
r14,120
r24,220
r10,950
r13,270

CONSTRUCTION AND REAL ESTATE
New permanent nonfarro dwelling units started:
Unadjusted:
Total, privately and publicly owned.....
thousands..
Privately owned, total
•
do,...
In metropolitan areas.......••••••••••,••...•.do,...
Pub I i c I y owned. ..•••••••••••••.
.do. •..
Seasonally adjusted at annual rate:
Privately owned, total••••••••••.••••.•••••.••••••do....
DOMESTIC TRADE
A11 reta iI stores: ±/
Estimated sales (unadjusted), total
mil. of do!..
Durable-goods stores:
Automotive group•••••«,•••••
..••••••
do....
Furniture and appliance group
••••••••«•••,.do....
Nondurable-goods stores:
Apparet group••»••••
•
..do,,.«
Drug and proprietary stores.....................do.«.«
Eating and drinking places....
•••••••••••••do*...
Food group.
••••••••••
......
.do.• •.
Gasoline service stations..••••••«•«.«•
...do,..«
GeneraI-merehand!se group
«•••••••••••••••..do*••.
Estimated sales (seasonally adjusted), total.
..do,..,
Durabie-goods stores*
•••••••«,,..do.• *«
Nondurabia-goods stores..••••••••••••••••••••••••.do...,
Estimated inventories:
Unadjusted, tota S
............do...«
Durable-goods stores..............••••••••••.•••do..•<
Nondurab je-goods stores.........................do.•.,
Adjusted, tota I
.....do...,
Durab Ie-goods stores
..do, • • «
Nondurab le-goods stores
.do. •.,


r/ Revised. 1/ Data for December 1957 are advance estimates.
http://fraser.stlouisfed.org/
12714
Federal Reserve Bank of St. Louis

25,260
i 1,040
14,220
24,290
11,200
13,090

16,677
5,486
11,191

MONTHLY BUSINESS STATISTICS — Continued

3

1956
ITEM

November

8957

December

September

October

November

I December

DOMESTIC TRADE - Continued
Retail firms with II or more stores, estimated sales
of dol..
...do.,..

3,669
3,404

4,641
3,425

3,337
3,559

of dol..
...do,...
..•do....
Inventories, estimated (unadjusted), total,..,,... •••do,•••
...do.,,.
._do

12.0
4.5
7.5
13,2
6.4
6.8

il.4
4.2
7.2
12.9
6.3
6.6

11.2
4.2
7.0
12.8
6.7
6.1

67,732
65,269
6,192
59,076
2,463

67,029
64,550
5,110
59,440
2,479

68,225
65,674
6,518
59,156
2,552

53,007
17,180
837
3,174
4,184
11,657
2,314
6,327
7,334

53,639
17.159 1
837
2,997
4.194
12,260
2,308
6,295
7,589

53,152
16.905
853
3,285
4,206
11,620
2,361
6,541
7,381

13,392
7,839
82
655
320
470
1,134
911
1,262
913
1,438
235

13,350
7,827
83
628
320
465
1,135
908
1,277
900
1,478
233

5,553
1,125
96
955
1,092
470
564
546
176
194
335

3,597
3,458

3,798
3,454

Wholesale trade:

EMPLOYMENT AND WAGES
Civilian labor force,total (Bureau of Census) J/ .thousands..
..•do,...
...do...*.
...do....
Employees in nonagrlcultural establishments:
Total, unadjusted (U. S. Department of Labor)..... ...do..••
...do....
Contract construction,

• •••••»••••••••'••,..do.,,,

,,,do,,..
Finance, insurance, and real estate,•••••••••««. ,. 8 do., e ,
...do....
...do....
Production workers In manufacturing Industries:
...do....
Durable-goods industri es,e,s sc,*s *
««*«**»*.
...do,...
Lumber and wood products (except furniture).,. •••do.,..
...do....
...do....
...do....
•..do..,.
,..do....
.;.do....
,...•,.do.,.«
...do....
...do....
Apparel and other finished textile products.,. ...do....
...do....
•••do.,..
Printing, publishing, and allied products
...do....
...do....
...do....
...do....
Manufacturing production-worker indexes:
-49=100,.
...do....
..•do....
Hours and earnings:
Average weekly hours per worker, all manufacturing ..hours..
...do....
...do....
dollars..
...do....
...do....
Average hourly earnings, all manufacturing
...do....
...do.,,.
...do....
Lumber and wood products (except furniture),,. ...do....
...do....
Food and kindred products,

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

...do....
...do....
Apparel and other finished textile products.,. ...do..,.
Printing, publishing, and allied industries... ...do....

12.3 1
4.5 1
7.8
12.9
6.6
6.3
68,513
66,005
6,837
59,168
2,508

II.1

3,9
7.1
13,0
6,6
6,4
68,061
64,873
5,817
59,057 [
3,188

67,770
64,396
5,385
59,012
3,374

r53,043 (
r16.783
837
r3,224
r4,159
r11,664
r2,356
r6,547
r7,473

r52,807
M6.58I 1
r829 I
r3,059
r4,123
r11,845 1
r2,356 [
r6,5!5
r7,499 !

p52,992
D16.333
p820
p2,833
p4,100
p12,324
P2,353
p6,480
p7,749

12,992
7,397
73
631
319
461
1,061
878
1,186
879
1,278
"225

r12,893
r7,389
r70
r623
317
456
r1,049
889
r1,166
r869
rl,32l
r223

r12,719
r7,3!8
68
r598
312
r448
r1,028
r888
r1,144
853
rl,364
r223

p12,482
p7,160
p68
p575
p307
p438
p1,004
p874
pi,123
p825
pi,362
p2!7

5,523
1,076
93
948
1,093
472
566
547
174
216
338

5,595
1,218
98
912
1,084
469
563
533
175
206
336

r5,504
r 1,143
94
r906
1,075
r470
567
r532
r!73
r2IO
334

r5,40l
r1,074
r86
r893
r1,072
r*68
r566
r529
rl72
r209
333

p5,322
pi,031
p82
p886
pi,063
p465
p565
p527
pl68
p204
p33l

108.3
107.4
168.2

107.9
107.5
171.4

105.0
103.3
164.7

r104.2
r102.8
r162.6

r102.8
r102.0
r!6i.l

pl00.9
p100.5
p158.1

40.5
41.2
39.6
82.22
88.99
72.86
2.03
2.16
2.25
1.77
1.72
2.01
2.44
2.12
2.25
2.03
2.39
2.05

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
2.14
2.27
2.05
2.43
2.07 1
1.86
1,90 1
1,48
1.50
1.50
1.99
2.46
2.16
2.57
2.24
1.52 J

39.9
40.2
39,6
82.99
89.24
75.24
2.08
2.22
2.37
1.84
1.77
2.08
2,57
2.22
2.32
2.07
2.46

39.5
r39.8
r39.0
82.56
r88.75
r74.10
2.09
2.23
2.38
rl.84
rl.77
r2.09
2.55
2.22
2.33
2.08
2.47

2.14

2. 14

r39.3
r39.7
38.7
r82.92
r88,93
74.30
r2.11
2.24
2.39
rl.83
1.75
2.10
2.55
r2.23
2.34
r2.IO
2.50
r2.l4
1.92
ri.96
1.54
1.51
rt.50
r2.08
2.53
r2.26
r2.73
r2.33
1.57

p39.3
p39.6
p38.9
p82.92
p88.70
p74.69
p2.ll
p2.24
p2.38
pl.8l
pi.76
p2.ltf
p2.53
P2.22
p2.34
p2.IO
p2.52
P2.I5
pl.92
pl.97
pi.57
pi.50
pi.50
p2.08
p2.55
p2.27
P2.73
p2.32
pl.56

1.84
1.89
1.45
1.50
S.48
1.98
2.45
2.15
2,57
2.17
1.52

1.90
1.92
1.46
1.51
1.51
2.08
2.53
2.25
2.73
2.29 1
1.55

1.90
1.94
1.47
I.5S
rl.49
r2.08
2.53
2.24
2.71
2.32 !

1.55 !

r/ Revised. j>/ Preliminary. ±/ Estimates beginning January 1957 reflect certain changes made in the definitions for employment and un
employment, etc. Figures for December 1957, comparable with data through December 1956, in order as above (thous.): 67,792; 64,652;
5,391; 59,262; 3,140.
http://fraser.stlouisfed.org/
12714
Federal Reserve
Bank of St. Louis

MONTHLY BUSINESS STATISTICS —- Continued

4

1956

1957

ITEM
November

December

September

October

November

December

FINANCE
Security markets (Standard and Poor's Corporation);
Bonds;
Prices?
Industrial, utility, and railroad (AI+ Issues)?
Composite C2I-'borids)«*««»#*«.a#««dol« per $100 bond®®
Yields, domestic municipal C S5 bonds)**,*
percent**
Stocks;
Dividend yields, preferred stocks C14- Mgh-grade)oad©.9„.
Prices;

103.7
109.0
3,38

102.8
908.!
3.44 1

3.90

98.2
102.9
3.79

98.3
503.4
3.76

102.7
107.5
3.47

98.0
101.3

4.56

4.63

4.79

4.80

4.78

4.49

45.76
48.92
48.27
33.60
31.82
31.73

46.44
49.79
49.59
33.38
31.70
31.75

43.98
47.52
46.32
32.75
31.09
27-. 17

4S.24
44.43
43.24
31.55
30.39
24.78

40.35
43.41
41.87
30.52
30.68
22*63

40.33
43.29
41.35
30.29
31.79
21.39

2,954
2,382
2,802
2,278
9,629
6,010

2,520
2,002
2,375
1,898
9,777
6, SI7

2,883
2,354
2,866
2,341
9,672
5,880

3,024
2,506
3,091
2,543
9,611
5,849

2,493
2,035
2,473
1,964
9,602
5,892

7,431
390
569

7,064
399
564

6,172
261
597

6,551
263
641

5,606
242
589

775
197

607
214

1,218

IJ66

764
143
896
617

462
133
783
538

LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association);

Stocks (gross), mi IB, end of month, total............do.,..
b O T T W O O u S • • » i « « « » « i « « t M « » o « i i « t e ( « « « « « « « t i « t > « M i « QO© e © ©

METALS AND MANUFACTURES
Steel products, net shipments;

Bars;

Hot roi led (Sncl. light shapes),.

.do.,..

Sheets and strip Unci, electrical), total.........do....
Sheets; Hot roiled.e»»«««.«.e..ae.«..».e«.....«.do.v..
Cold roll6d«,«,,(,t«»»»««(«,»««,«a,«.««»do(t,«

820

788

778
90
836
545

250
139

240
129

182
101

163
110

842
96

931
298

915
263

860
250

889
264

736
227

451

406

417

370

321

2,602
802
1,189

2,532
826
1,130

2,011
579
979

2,319
651
1,147

2,113
616
1,025

667,187
233
186
576,708
556,931
90,246
74,870

700,740
228
103
617,599
598,394
82,913
66,123

380,609
243
187
318,279
315,008
62,087
51,016

379,316
233
232
291,064
282,510
88,019
73,707

676,949
241
206
583,783
560,141
92,925
78,928

ee.ee«a«e«

TRANSPORTATION EQUIPMENT

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WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

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