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June 13, 1958

BUSINESS

STATISTICS

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 t o those published in the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
index, 1 9 4 7 - 4 9 = SOO

index, 1 9 4 7 - 4 9 - 1 0 0

175

~"
Monthly

STEEL PRODUCTION (ingots a n d steel for castings)

1957

KM

150

175

Weekly

W

h

125

150

125

*

\

1958

)

i

i

l

I i

i

l

i

l

I

l l

i

i

i I i

i

i

l 1

S958

1957

100

I I 1 I I I 1 i I L
J F f t l A f V t J J A S O N D

75

Index, 1910-14 = 100

3 0 0 r~
PRICES RECEIVED A N D
PAID BY FARMERS
280

Prices Paid
(Incl. interest, taxes and wage rates)

260

240

2 2 0 y

S955

M

11

M

i r i n i i i 111 11 i 1 11 i i i 1 i 111 i 1 i i i 11 i i i 11

S955

1958

1956

i i

1956

1957

1958

Doliars
2.40

Index, 1947-49= 100
200

MANUFACTURING EMPLOYMENT &
PAYROLLS (production,workers)

Hours
56
MANUFACTURING HOURS & EARNINGS

175

2.20 \

150

2.00

48

1.80

44

52

Average Hourly
Gross Earnings
(left scale)

\

Payrolls
125

Employment

1.60

100

40

Average Hours Per Week
(right scale)
75

I |- I 1 | 1 1 H-l i 1 I I I I »» | p i

1955



S956

M

It ii i i1 i

M

1957

ii I i n i i 1 i I i i

1958

1.40

Lj

1 M I 1 i II I 1 I 1 11 I I I 1 I I I I

1955

S956

I I I i I 1I I II I

1957

it i i i I i i i i^l 3 6

2958

WEEKLY BUSINESS STATISTICS1

2

1957

1958

ITEM
June 1
Commodity prices, wholesale:
All commodities

1947-49-100..

May 17

June 8

May 24

May 31

June 7
119.1
96.2
113.0
125.2
85.8

88.7
117
1,399
1,310
225

•117.1
*89.5
•104.9
•125.2
89.5
134
1,393
1,305
289

119.5
98.6
112.8
125.4
85.5
126
3,222
2,983
327

119.3
97.3
113.0
125.2
85.7
128
3,094
2,858
337

119.3
97.4
113.2
125.2
86.,3
116

278

325

30,660
24,833
18,616
352

30,837
24,987
18,846
468

30,812
24,854
18,190
629

30,822
25,016
18,248
648

30,813
24,994
18,194
639

30,987
25,240
18,147
537

55,149
23,506
86,242
25,878
31,077
8,661

55,320
23,556
86,210
25,790
31,170
8,649

54,706
27,519
91,785
30,511
30,093
8,774

54,671
27,634
91,803
30,856
29,928
8,800

55,413
27,764
92,115
31,103
29,790
8,820

4.06
47.11
50.57

4.09
47.27
50,81

4.00
43. 12
45.84

4.00
43.55
46.32

3.99
43.85
46.64

1,606
10,936
99,950
7,418

1,634
11,550
152,887
7,338

1,212
11,257
104,162
6,262

1,203
11,316
104,590
6,256

1,275
11,000
81,612
6,242

2,252
88.0
671
317

2,240
87.5
733
349

1,412
#52.3
561
297

1,523
#56.4
571
297

1,567
#58.1
530
270

'••••.•••.a

F i nance:
Federal Reserve bank credit outstanding, total AJ

do....

Federal Reserve reporting member banks in leading cities: 5/

Commercial, industrial, and agr. loans (gross)....do....

Stock prices, 500 stocks (Stand. & Poo^s) J5/... 1941-43-10..

3.99
44.50
47.37

Production:

J/ Oata
19*58. 4/
percent.
which are

90,669
1,685
#62.4

do not always cover calendar weeks. 2/ Tuesday prices. 3/ Revised series; not comparable with data in issues prior to May 9,
Daily average. £/ Wednesday data. 6/ Week beginning June 9, 1958: Production, 1,723 thous. short tons; operating rate, 63.8
• Monthly index for May 1957. # Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1957 rates
based on January I, 1957, annual capacity (133,459,150 tons).

MONTHLY BUSINESS STATISTICS
1957

1958

ITEM
April

May

February

March

April

May

COMMODITY PRICES
Prices received and paid by farmers:
r24l
r24l
r29l
258
180
233
r230
264
ri43
459

r242
r24l
r284
266
179
225
r23i
263
rl55
457

252
229
376
211
148
219
r20l
229
204
475

263
r245
r408
220
152
224
228
234
272
475

r264
r252
r362
236
162
223
271'
237
268
475

264
246

do....
do....

242
253
275
rl48
r294

r242
248
r280
rl43
r3l3

273
266
324
169
249

280
261
336
187
229

275
249
339
172
212

280
244
355
168
204

do....
do....
do....
All commod., services, int., taxes, and wage rates..do...«
do....

273
285
259
296
r8l

278
290
265
302
83

281
293
269
304
87

282
293
271
306
r86

283
294
271

1910-14-100..
do....
Commercial vegetables, fresh market*.,
do....
do....
do....

Potatoes (including dry edible beans),

do....

314
246

163
221
268
238
224
475

Prices paid:
273
286
259 !
296
82

306
86

DOMESTIC TRADE
All retail stores: 2/
16,442

17,205

13,783

r15,557

r16,281

17,319

3,391
809

3,550
873

2,471
719

2,789
r772

r2,934
r76l

3,069

958
534
1,124
4,103
1,214
1,553

r1,056
r52l
r1,171
r4,048
r 1,252
r1,667 i

1,063

Durable-goods stores:
do....
do....

817

Nondurab1e-goods stores:
do....
do....
do....
i
1

1,131
502
1,153
3,770
1,216
1,705

998
520
1,253
4,043
1,293
1,723

696
507
1,027
3,778
1,122
1,201 1

547
1,280
4,440
1,356
1,750

£/ Revised. J./ Data revised beginning 1955 to incorporate the latest revisions in the price series for individual commodities; revisions

for months not shown will be published later. 2/ Data for May 1958 are advance estimates.
http://fraser.stlouisfed.org/
12899
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS—Continued

~

3

1

1958

ITEM
Apri 1

May

February

March

April

May

DOMESTIC TRADE - Continued
A11 reta i 1 stores \_l - Cont i nued
Estimated sales (seasonally adjusted), total...mil. of do!..
...do....
...do....
Estimated inventories:
...do....
...do....
...do....
...do....
...Jo....
...do....
Firms with II or more stores, estimated sales:
...do....
...do....
Department store sales, United States total:
-49a100..
...do....
Mail order and store sales:
of doi..

10,867

16,089
5,055
11,055

r16,074
r5,020
M,055

rl6,5l2
r5,l65
r11,548

24,510
11,220
15,290
25,670
10,590
15,080

24,440
11,170
15,270
25,950
10,740
15,210

25,980
11,220
12,760
24,290
11,220
15,070

24,690
11,480
15,220
24,100
11,050
15,070

24,660
11,570
15,290
25,940
10,770
13,170

5,425
5,457

3,562
5,505

2,864
5,456

5,564
5,501

5,484
5,595

r(50
151

152
155

95
124

116
151

prl25
pri5i

pl50
pi55

87,425
307,394

r90,275
558,262

55,098
208,77i

7i,468
264,740

92,615
503,708

89,194
339,121

9,5
5.2
6.5
12.4
6.4
6.0

10,2
5.5
6.8
12.2
6.4
5.9

10.7
5.7
7.0
12.0
6.5
5.7

16,457
5,651
10,806

16,644

5,776 1

16,555
5, 175
11,558

Wholesale trade:
of dol„.
...do....
...do....
...do....
Nondurab1e-aoods estab1ishments••••.••••••••••••• ...do....

11.3
4.3
6.9
12.8
6.7
6.1

M-6 j
4.4 !
7.2 !
12.6
6.7
5.9

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census):
66,951
64,261
5,755
58,506
2,690

67,895
65,178
6,659
58,5!9
2,715

67,160
61,988
4,850
57,158
5,175

67,510
62,511
5,072
57,259
5,198

68,027
62,907
5,558
57,549
5,120

68,965
64,061
6,272
57,789
4,904

52,270
16,822
835
2,906
4,155
11,428
2,520
6,452
7,576

52,482
16,762
855
5,082
4,156
11,411
2,529
6,520
7,587

50,225
15,605
784
2,574
5,954
11,244
2,559
6,599
7,526

r50,158
r15,565
r770
r2,550
5,919
r11,259
r2,544
r6,456
r7,557

r50,258
rl5,U5
r755
r2,752
r5,892
r11,256
r2,555
r6,557
r7,580

p50,496
p15,046
p746
p2,949
p5,885
pi 1,280
p2,564
p6,624
p7,604

...do....
...do....
...do....
Lumber and wood products (except furniture).... ...do....
...do....
...do....
...do....
...do....
...do....
...do....
...do....

12,960
7,655
78
612
512
455
1,101
889
1,277
855
1,446
250

12,894
7,600
77
658
508
456
1,095
885
1,255
847
1,455
226

11,777
6,651
65
548
295
405
911
800
1,072
765
1,214
210

r11,549
r6,477
66
547
r288
599
r884
r78l
r1,055
747
r1,157
207

r 11,528
r6,5l6
r67
r550
281
599
r848
r76l
r1,027
729
r1,105
r205

pi 1,269
p6,278

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

5,525
990
74
919
1,069
467
559
549
175
191
554

5,294
1,004
75
911
1,059
465
555
544
174
204
525

5, 146
956
78
855
1,057
450
554
508
165
191
555

r5,072
r947
r75
r844
1,024
r448
r555
r508
165
rl84
527

r5,OI2
r955
r70
r857
r995
r446
r555
r5ll
164
rl75
r506

p4,99i
p975

104.8
105.9
161.5

104.2
105.7
161.0

95.2
95.6
145.0

r95.4
r95.6
r145.7

r9l.6
r92.6
r139.8

p9l.2
p92.5
p159.8

59.8
40.5
58.9
81.59
88.29
72.74

59.7
40.5
58.9
81.78
87.85 |
75.15

58.4
58.6
58.1
80.64
86.46
75.15

58.6
59.0
58.1
81.45
87.75
75.55

58.5
58.8
r57.7
80.81
86.91
T75.I4

p58.5
p58.9
p57.9
P8I.24
p87.55
p75.55

2.1!
2.24
r?..47
1.85

p2.ll
p2.25
p2.47
pi.85

ousands..
...do....
...do....
Nonagr i cu 1 tura 1 emp 1 oyment
.. e«'
...do....
Employees in nonagricultural establishments:
Total, unadjusted (U. S. Department of Labor)...... •..do....
...do....
...do....
...do....
...do....
...do....
...do....
Production workers in manufacturing

industries:

...do....
Lumber and wood products (except furniture).... ••.do.... i

2.05
2.18
2.51
1.80 1

2.06
2.18
2.51
1.82 |

2.10
2.24
2.44
1.81 !

2.11
2.25
2.45
r!.82 I

p66
p572
p282
p405
p842
p75l
pi,006
p720
pi,094
p202

p69
p828
p988
p444
p552
p498
pl65
pl72
p505

TJ Revised. j>/ Preliminary. ±/ Data for May 1958 are advance estimates. 2/ Except ordnance, machinery, and transportation equipment.

12899



MONTHLY BUSINESS STATISTICS ~

4

1957

Continued
|

1958

ITEM
April

May

February

March

Apr! 1

May

EMPLOYMENT AND WAGES - Continued
Hours and earnings - Continued
Average hourly earnings -Continued
Durable-goods industries - Continued

Apparel and other finished textile products*

do....

Printing, publishing, and allied industries.......do....

1*72
2.01
2.46
2,15
2.28
2.06
2.37
2.10

1.73 i
2.02
2.46
2.16 !
2.28
2.05
2.37 |
2.10

1.87
1.93
1.55
f.50
1,48

1.88
1.94 1
1.58
1.50 !
1.48

2.00
2.49
2.17
2.59
2.19
1.54

2.01
2.51 1
2.20
2.61 1
2.22
1.54 |

1.77 :
2.08
2.57
2.23
2.36
2.14
r2.47
2.17

rl077
2.08
r2.57
r2.24
2*36
2.14
2.47
2.18

pl.76
p2.09
p2.58
P2.24
p2.36
P2.I4
p2.48
p2. 18

1*93
2.01
rS.60
S.50
rl.50

1.94
r2.0S
rl.65
1.50
r S .50

pl.94
p2.0i
pi.65
pi.49
pi.50

2.28
1.56

2.08
r2.57
2.27
2.72
2.29
1.57

2.08
r2.56
2.27
2*74
r2.28
rS.58

p2.09
P2.57
P2.29
p2.72
p2.29
pl.58

53,716
19,194
7,830
2,890
1,716

59,457
21,905
8,630
3,275
2,003

2,327
1,883
2,302
1,784
9,528
6,033

2,508
2,064
2,542
2,052
9,494
6,045

2,590
2,132
2,746
2,269
9,384
5,954

1.77
2.09
2.56
2.22
2.35
2.13
2.46

2.16
1.92

2.01
1.56
L50
1.50
2.08

2.56
2.27

2.72

TRANSPORTATION AND COMMUNICATIONS
Operations on scheduled airlines:
*51,682
* 18,272
*7,397
*2,808
*5,702

**59,224
**20,930
**8,242
«*3,326
**2,006

# © © © © ©o a a ©

««•«•«<«)>

oe®e«««.0«

a©®®®.®®©®

®9®@@®©«©®

LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association):
2,941
2,469
3,027
2,544
9,952
6,193

3,055
2,594 !
3,140
2,659
9,867
6,128

101. 1

136*2

57.6

85.9

88.7

1,089
1,665

1,279
2,048

1,420
717

803
1,083

879
2,248

#559
*385

**583 |
**4II

471
370

459
394

..»<»..««..

1,264

1,453

.» • « * * . • » 0 .

METALS AND MANUFACTURES
Foundry equipment (new), new orders, net
mo. avg. shipments, 1947-49=100..
Furnaces, industrial, new orders, net:
Fuel-fired (except for hot rolling steel).....«
Industrial trucks (electric), shipments:

..do....

SCO®»..«..

s
»»«ea«9»e«

Industrial trucks and tractors (gasoline-powered), ship*l,6!0
r,/ Revised. £ / P r e l i m i n a r y .
ment.
USC0MM-DCH2899

* Data for February 1957.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




** 1,909

* * Data for March 1957.

•!.©«> « < S S « © 9 ®

\J Except ordnance, machinery, and t r a n s p o r t a t i o n equip-

PENALTY FOR PRIVATE USE T O A V O I D
PAYMENT OF POSTAGE, $300