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j^jirii, January 18, 1957 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 INDEX, 1 3 4 7 - 4 3 = iOO INDEX, 1947-49 = 100 175 S75 150 H 125 H IOO 1953 1954 I N D E X , 1 9 4 7 - 4 9 = 100 BILLION DOLLARS 130 20 SALES OF RETAIL STORES WHOLESALE PRICES ^ Commodities Other Than Farm Products 3 FoodsV* 120 ^_ ^"^l (seasonally adjusted) 15 — 110 All Commodities JS 10 •*»»» ft-*-»-fr^a^^ 3 < f r ^ . C > C 6 > - IOO Durable 90 — Farm Products -^ 1953 1954 1955 111111111 I I 1956 120 - 52 H 2.00 —1 1.80 44 - 1.60 40 ^ 1.4 0 1II11 i 11111. 1.20 — ^ I i i M 1 I I I l 1JJJL.LJLJJJLLLI. HOURS MANUFACTURING HOURS & EARNINGS / ^-« Employment IOO 1i iI l IIi i i M 1 Ii l Il Ii i i i i 1 i i Ii i Iii I i i Ii i ii i Ii i i l l !953 1954 1955 1956 2.20 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) rf°\ 160 ^WN* ty^^^x^^K^ ^ Payrolls J^^ — 0 DOLLARS INDEX, 1 9 4 7 - 4 9 = 100 180 140 Goods* f\/\- V l M i I 1 i i M 1 1 1 1 1,1,1 1,1 1i 1 i I 1I 1 1 i i I I I 80 80 J F M A M J J A S 0 N D 1956 1955 M 1 1 1 1 1 t 1 1 1 Average Hourly Gross Earnings (left scale 48 Average Hours Per Week (right scale) 36 I i I I I I I I I I I 1 I I I I I I M M I I I I I I I I I I I I I 1 I I I I I I I I i I |J 3 2 1953 1954 1955 1956 WEEKLY BUSINESS STATISTICS1 2 1957 1956 ITEM Jan. 14 Jan. 7 Commodity prices, wholesale: Al 1 commodities .... 1947-49-100.. do.... do.... do do do All other 22 commodities 2 / Department store sa 1 es do.... Dec. 22 Dec. 29 Jan. 5 Jan. 12 116.3 88.5 103.7 124.6 **92.5 94 116.4 88.3 103.5 124.7 92.0 31.992 27,842 19,790 711 31.829 27,524 19,856 761 31,479 26,809 19,701 753 58,148 21,956 87,704 26,578 31,266 8,865 58,214 22,086 87,925 26,654 31,313 8,852 57,677 22,077 87,639 26,774 31,135 8,842 245 3.32 323.8 372.8 214 4.00 339.9 398.0 174 4.02 340.9 399.3 222 4.06 339.9 397.3 1,854 11,057 144,348 7,026 1,773 11,594 174,742 7,014 1,863 12,227 177,735 7,376 1,020 11,196 112,082 7,392 1,492 11,67 1 102,217 7,417 2,403 #97.6 611 316 2,428 #98.6 710 364 2,525 #102.6 698 354 2,322 #94.3 488 268 2,490 97.3 562 299 90.2 94 1,575 1,441 *lll.9 *84.l *98.3 *I20.4 89.8 104 1,578 1,441 92.3 265 1,292 1,186 **92.6 112 1,564 1,450 31.153 26,936 19,464 601 30,914 26,375 19,453 728 31.835 27,223 19,535 578 58,384 21,639 86,513 29,957 26,673 8,135 58,421 21,583 85,710 29,686 26,396 8, 127 198 3.33 326.7 376.9 Finance: Federal Reserve bank credit outstanding, total j5/....do.... Federal Reserve reporting member banks in leading cities:£/ Demand deposits, adjusted. mil. of dol.. Time deposits, except U. S. Government.. do Loans and investments (adjusted), total. do.... U. S. Government obligations. Commercial, industrial, and agr. loans (gross)...do.... do.... Bond yields, domestic corporate (Moody's) Stock prices, 480 stocks (Stand e & Poor's) 4/..1935-39=100.. Industrials, 420 stocks 7 do Production: Bituminous coal 3/.. thous . of short tons.. .mi 1. of kw.-hr.. Electric power, by utilities Petroleum (crude) and condensate 3/. ..thous. of bb1.. . of short tons.. .thous. of cars.. do.;.. M i see 1 1 aneous 256 4.06 339.7 395.6 166,226 2,519 98.4 U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. ±/ Wednesday data. j>/ Week beginning January 14, 1957: Production, 2,517 thous. short tons; operating rate, 98.3 percent. * Monthly index for January 1956. ** Wednesday price. # Not comparable with 1957 rotes, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1956 1955 ITEM November GENERAL BUSINESS December September October November December INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, Livestock and products, tota1........ do.... Indexes of cash receipts from marketings and CCC loans, unadjusted: Al 1 commodities 1947-49=100.. 3,248 3,227 1,821 1,406 322 744 323 2,772 2,743 1,485 1,258 350 584 307 3,148 3,111 1,726 1,385 355 746 268 3,927 3,755 2,131 1,624 363 945 296 p3,338 p3,248 pi,781 p1,467 p342 p806 p30l 132 169 103 113 138 92 128 160 102 154 198 119 pl33 pl66 pl08 157 182 139 132 141 125 144 168 126 177 208 153 pl58 pl79 pl42 II 1.2 III.3 115.5 115.6 115.9 116.2 89.9 119.1 III.6 84.1 102.6 79.8 62.2 98.8 115.1 105.9 107.7 77.8 89.9 119.4 III.5 82.9 95.6 82.7 59.3 98.2 1 15.2 107.2 107.9 75.3 96.7 123.0 115.3 90.1 95.3 90.7 75.7 104.0 M4.6 109.7 106.8 89.3 95.0 123.6 115.6 88.4 97.6 84.0 73.0 103.6 115.3 110.9 106.4 85.7 94.9 r 123.8 r116.2 87.9 104.3 87.9 68.6 103.6 115.8 113.6 r106.4 82.7 96.2 124.2 116.0 88.6 102.6 88.8 71.7 103.1 115.4 112.5 105.9 81.4 Indexes of volume of farm marketings, unadjusted: COMMODITY PRICES Economic sector: Intermediate materials, supplies, and components...do.... Fruits and vegetables, canned and frozen r_/ Revised. !>/ Preliminary. 38, I8S do.... J/ Goods to users, including raw foods and fuels. MONTHLY BUSINESS STATISTICS — C o n t i n u e d 3 1955 1956 ITEM November December September October November WHOLESALE PRICES - Continued Wholesale price index - Continued Commodities other than farm products and foods.1947-49=100.. Chemicals and allied products...... do.... Chemica Is, industr ia I do.... Fuel, power, and I ighting materials ...do.... Petroleum and products do.... Furniture, other household durables do.... App I iances, househoId do.... Hides, skins, and leather products do.... Lumber and wood products do.... Lumber do.... Machinery and motive products Electrical machinery and equipment Motor vehicles do.... do...'. do.... MetaIs and metaI products Iron and steel Nonmetallic minerals, structural Pulp, paper, and allied products.. Paper Rubber and products Text11e products and appareI... Appare I Tobacco manufactures and bottled beverages do.... do.... do.... do.... do... • do.... do.,„. do.... do..,. 119.4 106.6 119.3 108.6 115.0 117.2 106.3 96.4 125.0 126.4 119.8 106.6 119.4 109.3 115.6 117.3 105.8 96.7 125.1 126.4 123.1 107.1 121.9 III.I 118.4 119.7 105.5 100.2 123.6 125.2 123.6 107.7 122.6 III.7 118.3 121.0 106.5 99.7 122.0 123.6 124.2 108.2 122.5 rill.2 117.5 M2I.I r106.5 99.8 121.5 123.1 132.5 131.4 126.5 142.9 146.0 125.2 123.2 131.7 150.6 95.6 99.0 121.7 133.0 132.1 126.7 143.9 147.2 125.4 123.6 132.6 151.0 95.6 99.1 121.7 139. 142. 129. 151, 161, 131, 127.9 138.9 145.7 94.8 99.7 122.8 141.I 143.2 130.8 152.2 161.I 131.5 128.1 139.1 145.8 95.3 99.7 123.1 r143.4 r145.2 r134.2 r152.1 r162.5 M3I.2 127.8 139.2 146.9 95.4 99.7 123.5 76.2 73.5 53.6 2.7 r93.9 r90.7 60.8 r3.2 93.0 90.8 62.5 2.2 80.0 79.6 54.1 .4 I,I9Z.0 r1,008.0 1,050.0 1,060.0 19,268 15,730 16,282 r16,639 | 3,118 1,163 2,676 860 2,830 956 r2,907 r1,003 | 1,598 590 1,182 4,168 1,104 3,010 981 465 1,240 3,896 1,181 1,699 1,034 480 1,227 3,881 1,180 1,808 r 1,095 r470 rl,158 r4,024 rl,l84 I r2,030 22,440 10,410 12,030 23,900 11,230 12,670 23,530 10,030 13,500 23,430 10,260 13,170 r24,000 r9,920 r 14,080 r23,320 r10,090 r13,230 24,750 10,420 14,330 23,480 10,400 13,080 4,029 2,916 3,009 3,058 3,114 3,029 3,337 3,132 212 123 131 129 rl28 122 rl58 rl3l 10,180 3,410 6,770 12,290 6,080 6,210 10,430 3,560 6,870 13,110 6,600 6,510 r11,690 r3,950 r7,740 13,500 6,630 6,870 11,190 3,690 7,500 13,600 | 6,550 7,050 67,206 64,807 6,920 57,887 2,398 66,592 64,165 5,884 58,282 2,427 68,069 66,071 7,388 58,683 1,998 68,082 66,174 7,173 59,000 1,909 67,732 65,269 ] 6,192 59,076 I 2,463 I 51.262 17,052 783 2,921 4,139 11,213 2,238 5,883 7,033 51.996 17,027 783 2,756 4,161 11,849 2,243 5,853 7,324 52.261 17,121 818 3,340 4,179 11,164 2,321 6,105 7,213 r52,455 17,222 r8l2 r3,30l r4,177 11,288 r2,3l2 r6,045 r7,298 r52,472 rl7,l60 I 809 r3, 193 I r4,171 r11,478 I r2,3l4 I r6,0ll r7,336 | CONSTRUCTION AND REAL ESTATE New permanent nonfarm dwelling units started: Unadjusted: 89.2 Total, privately and publicly owned thousands.. 88.4 Pr i vate I y owned, tota I do.... 64.0 In metropolitan areas ....do.... .8 Pub I ic ly owned do.... Seasonally adjusted at annual rate: 1,179.0 Privately owned, total do.... DOMESTIC TRADE A 11 retaiI stores: 15,894 Estimated sales (unadjusted), total _[/ mil. of do I.. Durable-goods stores: 3,039 Automot i ve. group do.... 927 Furniture and appliance group do.... Nondurable-goods stores: 988 Appare I group do.... 432 Drug and proprietary stores do.... 1,126 Eating and drinking places do.... 3,648 Food group..... do.... 1,085 Gaso I i ne serv i ce stat i ons do.... 1,956 Genera I-merchandise group do.... Estimated inventories: 24,780 Unadjusted, tota I ^ do.... 10,930 Durab le-goods stores. do.... 13,850 Nondurab le-goods stores do.... 23,590 Adjusted, tota I do.... 11,000 Durab le-goods stores .do.... 12,590 Nondurab le-goods stores .* .do.... Firms with II or more stores, estimated sales: 2,994 Unadjusted. do.... 2,898 Adjusted do.... Department store sales, United States total: 148 Unadjusted i ndex 1947-49=. 100.. 122 Adjusted index do.... Wholesale trade: 10,600 Sales, estimated (unadjusted), total mil. of do I.. 3,530 Durab le-goods estab I ishments .do.... 7,070 Nondurab le-goods estab I i shments do.... 12,620 Inventories, estimated (unadjusted), total do.... 6,060 Durab le-goods estab I i shments do.... 6,560 Nondurable-goods estab I i shments ..do.... EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Civilian labor force thousands.. Emp toyed do.... Agr icu Itura I emp loyment do.... Nonagr icu Itura I emp loyment do.... Unemp loyed do.... Employees in nonagricuIturaI establishments: Total, unadjusted (U. S. Department of Labor),,,,,*.,.do.... Manuf actur i ng do.... Mining.. do.... Contract construct i©n do.... Transportation and public utilities do.... Wholesale and retail trade do.... Finance, insurance, and real estate ; do.... Service and mi see I laneous do.... Government do.... r/ Revised, D / Preliminary. T8./SS U December 1956 figures are advanced estimates. MONTHLY BUSINESS STATISTICS —£©nfitiyed 4 1956 S955 ITEM November December September October November December EMPLOYMENT AND WAGES - Continued Production workers In manufacturing Industries: TotaI,...........................................thousands. Durable-goods industries. , .do... Ordnance and accessor ies,,„ 8 . e ) I S 8 e e . 0 . 0 , 0 . 0 8 ., 8 B . do... Lumber and wood products (except furniture)**....do... Furn i ture and f I xt-ures........................... d© s .. Stone, clay, and glass products.................. do... Primary metal Industriesee.......................do... Fabricated metal products J./.0„.,01,..9,e,„,e,9e..do,.9 Machinery (except e lectr IcaS)...,......... ...,.. .do... E lectr leal machsnery e . ........................ s e o do... TransportatI on equIpment.......... „..............do*.. Instruments and related products,,............. .. .do B 0 . NondurabIe-goods i ndustr i es........................do... Food and kindred products«........ee.............do... Tobacco manufactures,,............................do... Text!!e-mi I ! products.*««**.»»**«««*****«**„«,.,,,«.do*.. Apparel and other finished textile products......do... Paper and allied products........................do... Printing, publishing, and allied productse.......do,.. Chemicals and allied productse...................do... Products of petroleum and coa I.. ••.••••••........do.•• Rubber products.•....••.••.•••...................do... Leather and leather products..........•.....•....do... Manufacturing production-worker indexes? 947-49*100. Emp loymerrt : Unadjusted*................. •. • •. I Adjusted*........................• ......do... PayrolIs, unadjusted*••....•••.•..•.•....•..••. ......do... Hours and earnings: Average weekly hours per worker, all manufactur sngeehours. ......do... Durable-goods Industriese9S. Nondurable-goods Industries,................. ......do... Average weekly earnings, all manufacturing..... ...dollars. ......do... DurabIe-goods i ndustr i es Nondurable-goods industries*.......................do... Average hourly earnings, all manufacturing...........do,.. Durable-goods industr i@s.e... ...do*.. Nondurable-goods industries........................do... r13,439 rI3,368 r7,8!3 r83 r630 r3S8 r478 rt,134 r9l3 rl,279 r920 pi 3,329 p7,807 p83 p604 p3!6 r1,406 r237 pi,442 p236 r5,555 rl,l26 rSOO r948 r 1,090 r467 p5,522 pi,076 13,487 7,829 89 685 327 480 1,133 932 1,225 866 1,446 230 13,451 7,838 87 654 325 474 I, I4S 928 1,250 868 1,471 231 13,335 7,583 82 681 321 478 1,126 885 S,262 891 1,205 235 5,658 1,139 104 998 1,120 466 547 555 172 228 330 5,613 1,079 101 1,000 1,122 465 545 556 171 231 346 5,752 1,312 113 949 1,079 470 557 553 176 215 329 r5,688 r 1,226 rSIO 952 r1,091 r468 r564 r554 175 r220 109.0 108.2 163,8 108.7 108.3 163.7 107.8 105.7 165.8 108.7 r107.I r!68s7 rl08.I 41.2 41.8 40.3 79.52 85.69 70.12 1.93 2.05 1.74 41.3 42.0 40.4 79.71 86.52 70.30 1.93 2.06 1.74 40.7 41.4 39.8 81.40 88.60 72.44 2.00 2.14 1.82 40.7 41.5 3968 82.21 89.23 72*83 2.02 2.15 1.83 40.6 r4l.2 37, I 14 28,269 38,648 29,020 40,074 30,707 40, 196 30,81 I 40,631 31,024 3,271 2,970 3,355 2,961 3,785 3,034 3,315 2,918 2,981 2,918 3,160 3,087 3,382 3,278 3,370 3,183 387 174 461 161 54,854 47,785 7,070 57,986 50,815 7,171 55,649 48,819 6,830 58,445 51,129 7,316 57,820 50,645 7,175 r7,75l r82 r664 322 r484 1,132 911 r 1,264 r9!4 1,319 r237 r328 564 r553 174 r206 r328 r107.2 r168.3 r39.6 82.42 r88.99 r73.26 2.03 2.16 1.85 p474 pi,136 p9S0 pi,293 p9!3 p98 p946 pi,089 p470 p57S p552 pS73 p2l8 p330 p107.8 p!07.3 pl7l.l p4S.0 p4le9 p39.8 p84.05 p9S.34 p74.03 p2.05 p2.l8 pi.86 FINANCE Consumer credit (short- and intermediate-term)? Total outstanding, end of month....... ..mil, of dol. Installment credit, total ...do... Installment credit extended and repaid; Unadjusted: Extended, total do... Repaid, total do... Adjusted: Extended, total do... Repaid, total...... ...do... ELECTRIC POWER Electric power, production, total.. Electric utiIities... Industrial establ ishments. r7 Revised. 3 8, »sa j>/ P r e l i m i n a r y . ....mil. of kw.-hr. do... do... J / Except ordnance, machinery, UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS W A S H I N G T O N 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS and t r a n s p o r t a t i o n equipment. PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300