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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
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