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._giir,i", 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