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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