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^IMENT Qf ^ r July 17, 1959 BUSINESS O7 STATISTICS »US!NES^O* A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS i 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 lndex,l947-49 = 100 Index, 947-49=100 1 75 1 50 I 75 STEEL PRODUCTION (ingots and steel for castings) Weekly Monthly ^~\ n 1 \ 1 25 - 1 00 -J -I I 50 I 25 H 100 1 oq B l«SI| 75 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1957 1956 1 1 1 1 1 1 1 1 1 1 1, 1958 ' ' 75 J F M A M J J A S O N D 1959 Thousands 000 MOTOR VEHICLE PRODUCTION Monthly (cars, trucks, coaches; U. S. plants) 800 600 400 Y^ -^r ^nAi k f V ^V • v V w 200 0 i i i i i i i i i 1 i i • i 1956 i i i i i i i i i I I 1957 I I I 1 1 I I 1 1 i i i i i i i i i i i I J F M A M J J A S O N D 1959 1958 Dollars 2.40 Billion Dollars 20 SALES OF RETAIL STORES Hours 56 MANUFACTURING HOURS & EARNINGS (seasonally adjusted) 2.20 15 H 52 Total 2.00 Nondurable Goods 48 Average Hourly Gross Earnings (left scale) 1.80 I 44 40 .60 Durable Goods Average Hours Per Week (right scale) I 1 I I I I I I I I I 1 I I 111 I I I I Ii Ii i i i I i i 1956 1957 1958 i ii I III IIIIII I 1959 1.40 U i 1111111111 1956 ' 1957 I I II I I I I I I I I I II II . I II I I 1958 1959 II 36 WEEKLY BUSINESS STATISTICS1 2 1958 j 1959 ITEM July 5 July 12 June 20 June 27 July 4 July 11 Commodity prices, wholesale: 1947-49*100.. •••••••••• 86.1 102 3,051 2,589 292 •119,2 *95.6 *II3.5 •125.3 86.0 116 3,179 2,627 275 119.4 90,0 107.8 127.9 88.2 143 1,450 1,303 267 119.6 90.7 108.0 127.9 87.6 118 1,419 1,278 256 119.3 89.4 107.3 127.9 87.1 109 119.2 88.8 107.0 127.9 87.0 244 237 31,163 26,380 18,859 655 31,354 26,589 18,809 758 31,877 27,994 18,537 473 31,814 28,147 18,627 499 31,858 28,042 18,386 369 32,112 28,319 18,452 54,560 28,333 95,262 32,575 30,296 8,890 54,844 28,387 94,522 32,337 30,050 8,901 57,184 28,561 95,229 28,072 32,642 10,207 56,540 28,559 94,538 27,484 32,617 10,246 56,407 28,555 94,705 27,326 32,734 10,247 3.99 45.32 48.25 3.99 45.25 48.14 4.70 57.09 61.40 4.70 57,41 61.64 4.71 58.97 63.41 1,331 11,210 42,993 6,424 1,072 11,851 88,180 6,439 1,556 13,331 157,003 7,017 1,533 13,749 156,187 7,025 1,680 13,200 132,397 6,914 1,376 #51.0 460 251 1,442 #53.4 491 269 2,620 92.5 724 354 2,486 87.8 698 347 2,215 78.2 573 325 Finance: Federal Reserve bank credit outstanding, total 4/....do.... 532 Reporting member banks (of F.R.System) in leading cities:!)/ Time deposits, except U. S. Government. »•••••••••••oo.... Loans and investments (adjusted), total ... ' -.do Commercial, industrial, and agr. loans (gross)...do.... Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's > 5/..1941-43=10.. .do.... Production: Bituminous coal 4/...........,.......thoui3. of short tons.. ,.mi 1. of kw.-hr.. Motor vehicles (cars, trucks, coaches).,. ...thous. of bbl.. thous>. of short tons.. Steel 6/ Freight car loadings, total••••••...•....••. ,.thous. of cars.. 4.72 60.03 64.56 151,591 2,252 79.5 1/ Oata do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes persons reported under temporary programs (TUC) and under Ex^Servicemen's Unemployment Compensation Act oT 1.958 (UCX). 4/ Daily average. J5/ Wednesday data. j6/ Week beginning July 13, 1959: Production, 2,344 thous. short tons; operating rate, 82,8 percent. ^Monthly index for June 1958. #Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1959 rates which are based on January i, 1959, annual capacity (147,633,670 tons). MONTHLY BUSINESS STATISTICS 1959 1958 ITEM May June March April May June DOMESTIC TRADE All retail stores: J./ Estimated sales (unadjusted), total... do.... do.... Lumber, building, hardware group.. do.... Estimated sales (seasonally adjusted), tota!•••••••••.do.... do.... do.... .....do.... Lumber, building, hardware group.. Eat i ng and dr i nk i no, pi aces. ••••••• f do.... do.... do.... .....do.... do.... do.... 4,357 3,615 5,320 c5,278 4,747 17,364 5,625 3,082 "840 991 16,603 5,590 3,047 847 992 17,190 5,831 3,464 808 844 17,589 6,208 3,566 839 1,041 r 18,592 r6,435 r3,&96 r899 1,093 1.8,662 6,764 3,792 11,739 1,058 544 1,272 4,418 1,335 1,784 11,013 963 520 i,283 4,104 1,331 1,651 11,359 1,101 580 1,157 4,108 1,318 1,733 11,381 996 559 ! ,215 4,157 1,348 1,774 r 12,157 r1,128 r59l r1,336 r4,437 r1,427 r1,883 11,898 1,086 16,562 5,235 2,812 840 903 11,327 1,013 539 1,248 4,159 1,297 1,798 16,581 5,149 2,736 843 902 11,432 1,012 532 1,228 4,272 1,274 1,787 17,914 6,045 3,340 902 1,011 11,869 1,106 592 1,240 4,320 1,376 1,883 17,953 6,137 3,396 918 1,047 11,816 1,059 579 1,283 4,292 1,381 1,935 r18,270 r6,100 3,375 940 1,034 r12,170 1,154 592 1,304 4,398 1,386 1,990 18,196 6,153 24,360 11,270 13,090 23,880 10,790 13,090 23,820 10,950 12,870 24,070 10,800 13,270 1 24,670 11,590 13,080 24,150 11,120 13,030 r25,270 r11,930 r13,340 r24,460 11,290 r13,170 25,010 11,930 13,080 24,510 11,440 13,070 Estimated inventories: do.... do.... do.... do.... rj Revised, c/ Corrected. J/ Data for June 1959 are advance estimates. 9017 973 589 1,349 4,254 1,494 1,904 12,043 MONTHLY BUSINESS STATISTICS—Continued 1958 3 1959 ] ITEM May March June April May June DOMESTIC TRADE - Continued Retail firms with 4 or more stores: Retail firms with II or more stores: Estimated sales (unadjusted), total Estimated sales (seasonally adjusted), total do.... do.... Furniture, homefurnishi 9s stores....a..............do...•1 Wholesale trade: Sales, estimated (unadjusted), total...........bi 1. of dol.. Inventories, estimated (unadjusted), total 4,417 4,073 4,181 4, 181 4,495 3,795 237 93 74 42 1,096 1,684 71 81 3,631 226 94 73 38 1,122 1,537 64 72 3,473 223 87 74 38 1,028 1,462 71 80 3,645 225 90 73 40 1,117 1,551 64 72 3,626 278 98 75 39 1,063 1,542 59 69 3,643 224 92 76 41 1,088 1,565 70 82 3,805 3,815 251 j 101 77 41 1,154 1,607 70 81 232 1 96 78 42 1,198 1,602 70 83 3,923 259 99 80 39 1,156 1.697 76 89 3,951 256 101 79 40 1,240 1,654 71 83 M.9 4.5 7.5 12.0 6.5 5.6 12.2 4.7 7.6 12.0 6.5 5.5 12.3 4.8 7.5 12.2 6.6 5.6 10.9 3.9 7.0 11.8 6.2 5.5 do.... 10.9 4.0 1 6.9 11.8 6.2 5.6 EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Employees in nonagricultural establishments: Total, unadjusted (U. S. Department of Labor)....thousands.. 68,965 64,061 6,272 57,789 4,904 70,418 64,981 6,900 58,081 5,437 66,189 63,828 5,203 58,625 4,362 68,639 65,012 5,848 59,163 3,627 69,405 66,016 6,408 59,608 3,389 71,324 67,342 7,231 60,111 3,982 49,949 15,023 711 2,685 3,874 1 10,961 2,370 6,455 1 7,870 50,413 15,206 717 2,806 3,904 11,035 2,391 6,488 7,866 50,878 15,969 688 2,417 3,865 11,083 2,386 6,377 8,093 r51,430 r16,034 r694 r2,662 r3,879 rll,l36 r2,403 r6,5ll r8,1II r51,983 r16,179 r70l r2,838 r3,9l5 r11,231 r2,4l4 r6,583 r8,122 p52,5l6 pl6,4l3 p705 P2,97l P3,935 Pi 1,317 p2,445 p6,6l8 p8,M2 11,245 6,269 542 405 840 ! 756 1,029 715 1,081 4,976 978 831 985 432 540 510 158 302 11,415 6,350 578 417 859 773 1,014 716 1,084 5,065 1,039 840 994 433 541 500 158 314 12,117 6,937 552 433 1,015 829 1,113 798 1,226 5,180 945 866 1,085 441 551 527 160 33! I 12,167 r7,025 r568 r444 1,037 r840 rl,l26 r803 r1,229 r5,142 958 r869 r1,055 r443 r553 r535 rl59 r324 r12,299 r7,136 r599 r453 r1,053 r85l rl,l46 811 r 1,237 r5,163 r973 r874 r1,054 r446 r554 534 160 r325 p 12,499 p7,240 p633 p464 pi,070 p863 pi,150 p827 P 1,233 P5,259 pi,014 p883 pi,060 P453 p557 p530 p 161 p334 92.3 92.8 144.9 98.0 98.2 165.1 98.4 99.5 167.0 r99.4 r100.9 r169.6 plOI.I plOI.6 P172.8 Production workers in manufacturing industries: Lumber and wood products (except furniture) do.... Apparel and other finished textile products do.... Printing, publishing, and allied products do.... Manufacturing production-worker indexes: h 90.9 92.3 140.9 Hours end earnings: Average weekly hours per worker, all manufacturing...hours.. O.O. • . .• CO. 40.5 p40.6 40.3 40.2 38.7 39.2 41.1 P4I.2 40.9 40.8 39.6 39.1 r39.6 p39.6 39.5 39.5 38.7 38.1 P90.54 89.24 90.32 82.04 83.10 89.87 Average weekly gross earnings, all manufacturing...dollars.. p98.88 97.10 98.23 1 88.37 89.89 97.75 r79.20 P79.20 79.00 79.00 75.08 73.91 p2.23 2.23 2.12 2.12 2.23 2.22 Average hourly gross earnings, all manufacturing do.... P2.40 2.39 1 2.27 1 1 2.26 1 2.39 | 2.38 pi.98 1.91 1 1.88 1.88 1.96 1 1.94 Lumber and wood products (except furniture) do.... P2.2I 2.20 2.10 2.09 r2.2l 2.21 r2.84 P2.84 2.83 2.82 2.61 2.58 r2.37 2.35 2.35 2.27 2.25 r2.49 2.49 2.48 2.37 2.38 2.21 2.21 2.21 2.14 E lectr ica 1 machinery. do. • • • 2.15 2.64 2.63 2.63 1 1 2.49 1 2.50 1 / Includes data for industries not shown. 2/ Except ordnance, machinery, and transportation equipment. r/ Revised. j>/ Preliminary. 9017 MONTHLY BUSINESS STATISTICS —Continued 4 1959 1958 ITEM May June March May Apri 1 June EMPLOYMENT AND WAGES - Continued Hours and earnings - Continued Average hourly gross earnings - Continued Apparel and other finished textile product >.....oo.... do.... Printing, publishing, and allied products. «•••*.OO.... do.... do.... 1.94 2.01 1.50 1 1.50 2.10 2.58 1 2.29 2.72 1.57 1.94 2.01 1.51 1.50 2.11 2.59 2.31 2.73 1.57 1 1.60 2.00 2.10 1.57 1.52 2.18 r2.68 2.36 2.89 1.61 r2.00 r2.ll 1.58 1.52 r2.l8 2.68 r2.39 2.87 1.61 2.00 2.10 1.57 1.53 2.17 2.68 2.37 2.87 p2.00 P2.I0 pl.58 pi.51 P2.I9 P2.68 p2.42 p2,87 pi.61 ELECTRIC POWER 57,528 51,183 6,345 58,196 51,927 6,269 65,889 58,352 7,537 63,394 55,807 7,587 65,381 57,661 7,720 do.... 2,824 2,306 2,947 2,415 9,252 5,870 2,889 2,300 2,929 2,393 9,210 5,775 2,964 2,367 3,111 2,520 8,945 5,439 3,121 2,518 3,271 2,672 8,846 5,336 3,163 2,524 3,221 2,628 8,779 5,223 .long tons.. do.... 35,961 100,985 37,551 91,779 51,991 78,871 41,463 78,157 38,777 82,983 do.... do.... do.... 76,823 66,868 191,929 74,243 70,394 183,721 111,377 95,089 183,866 108,477 79,739 182,939 109,951 74,615 191,763 .thousands.. do.... • ...do.... do.... 7,653 8,50.3 2,173 21,834 8,293 9,231 1,932 20,920 11,350 10,557 3,336 23,862 8,025 10,999 3,594 20,872 7,796 9,726 3,291 18,727 3,530 3,035 8,189 3,476 3,602 8,156 4,459 4,435 7,629 3,380 3,928 7,219 2,752 3,275 6,849 427,608 241 206 352,076 340,599 75,291 58,509 412,971 91 84 342,228 334,311 70,652 56,019 686,612 245 200 575,012 563,849 111,355 93,060 702,952 253 251 585,789 i 575,268 116,910 98,906 j 660,278 282 235 545,001 , 535,195 114,995 95,561 , of kw.-hr.. ......do.... do.... LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Associatio n): of bd. ft.. do.... do.... RUBBER AND RUBBER PRODUCTS Natural rubber: Synthetic rubber: Tires and tubes: Pneumatic casings: Inner tubes: tin do.... TRANSPORTATION EQUIPMENT Motor vehicles: do.... . ...do.... ...do.... • ...do.... do.... r/ Revised. j>/ Preliminary. USC0MM-DC-90I7. ±/ Includes data for industries not shown. 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 OF CURRENT Digitized for SURVEY FRASER BUSINESS