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June 15. 1955 STATISTICS BUSINESS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS THOUSANDS THOUSANDS 300 1,200 PASSENGER CAR AND TRUCK PRODUCTION" (United States plants) 1,000 250 1955 800 200 600 150 100 400 Monthly, left scale; weekly, right scale 2 0 0 l/sl-L.X-.l I 1 I I I .1.1 1953 i i i i i i i i i I i i i i 1954 1955 BILLION DOLLARS 1956 BILLION I I 1 1 I i I I I I LyJ 50 JFMAMJ JASONO DOLLARS 50 4h NEW CONSTRUCTION ACTIVITY CONSUMER CREDIT OUTSTANDING iseasonally adjusted) •short- and intermediate-term) 40 Total, |— Total Private Residential (nonfarm) I s. ^s ,....••• «•••••••••••••., I !*»•*•••••••••«• •••4»»»«#*••••• *< Installment Credit (end of month) " ' ' " " ' m u l l " " 1953 INDEX, » ii • i • I I I I I i i i n 1954 1955 i i li i I I i 1956 1953 1947-49^100 ^ ^ \^ /* •i .... I I I l i i 1956 HOURS Payrolls - / * 52 MANUFAaURING HOURS & EARNINGS ^ ** H 2.00 h 48 Average Hourly Gross Earnings (left scale) / 140 ***\yff ^^^^^^"^W <* . ^ ^^^^^^ ^ 40 -J 36 Employment mill 1953 A 44 j 1 120 80 1955 DOLLARS MANUFACTURING EMPLOYMENT & _ PAYROLLS (production workers) S"< KfH1 H> 100 1954 2-20 180 160 1 0 l^i i i i I i i i i i I M M l I i i i i i I i i n , | l l 1 1 1 i-LL 1 1 I I I I I I 11 1955 1956 J 1,1,1 1 1 1 1 1 1 1II.LI 1954 1953 1954 1955 II I il M i l l II I I 1956 32 WEEKLY BUSINESS STATISTICS1 1956 1955 ITEM May 19 June 11 June 4 May 26 June 2 June 9 Commodity prices, wholesale; 89.0 102 1,303 1,194 *I09.9 *9I.2 •102.1 •115.5 89.6 114 1,269 1,162 114.3 90.8 101.8 121.8 90.8 122 1,334 1,257 114.4 91.3 102.3 121.7 90.4 117 1,262 1,188 114.3 90.7 102.6 121.6 88.3 109 114.2 90.8 102.2 121.5 88.2 29,961 25,00! 18,496 433 30,059 25,044 18,648 612 30,359 25,298 18,710 453 30,317 25,310 18,809 536 30,327 24,995 18,569 347 30,505 25 P 320 18,819 604 56,011 21,527 84,164 33,026 22,636 7,719 56,374 21,599 84,012 32,831 22,623 7,756 54,999 21,638 85,241 27,082 28,203 8,471 55,444 21,687 85,115 26,877 28,095 8,494 55,521 21,684 84,724 26,873 27,784 8,503 203 3.23 289.5 325.4 230 3.23 297.6 336.2 279 3.45 343.1 397.7 273 3.46 335.1 387.5 238 3.46 334.5 387.0 1,576 9,537 149,929 6,592 1,532 10,041 159,696 6,600 1,633 10,875 126,771 7,071 1,687 10,927 129,908 7,071 1,609 10,598 94,917 7,037 2,312 #95.8 709 352 2,286 #94.7 787 383 2,345 95.3 779 383 2,396 97.3 788 385 2,370 96.3 719 352 .... 1947-49=100.. do.... do.... A11 other do.... do.... Finance: Currency In circulation 3/ ." .. Federei Reserve bank credit outstanding, total V s l J S d o S J S 4 do.... Federal Reserve reporting member banks in leading cities:.4/ Time deposits, except U. S. Government., Loans and investments (adjusted), total, do Commercial, industrial, and agr. loans (gross)...do.... Bond yields, domestic corporate (Moody's) Stock prices,480 stocks (Stand. & Poor's) 4/..1935-39=100.. do.... Production: >. of short tons.. .mi 1. of kw.-hr.. ». of short tons.. .thous. of cars.. 257 3.46 335.6 390.0 127,445 2,380 96.7 \J Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4_/ Wednesday data. ,5/ Week ended June 16, 1956: Production, 2,378 thous. short tons; operating rateT 96.6 percent. 6/ Data for 1956 adjusted to revised classification of class I railroads. • Monthly index for May 1955. # Not comparable with 1956 rates which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1955 1956 ITEM Apri I February May Apri I May COMMODITY PRICES RetaiI price: 207.9 207.7 207.7 208.2 r3,345 r2,384 1,319 1,190 106 r560 184 r2l5 rl28 r363 r3,675 r2,57l 1,430 1,270 153 r59l rl83 236 rl48 r386 r2,79l r2,067 r998 r895 r73 r647 r224 r252 r 101 r3l4 r3,04l r2,230 rl,lll 995 r86 r656 226 r258 rl09 r347 r3,35! r2,365 r1,204 1,065 rl07 r663 236 253 r 121 r369 3,659 2,502 1,262 1,105 121 699 247 266 139 392 r96l r364 r95 r3l5 r1,104 374 106 r420 r724 r285 r78 rl95 r8ll 303 r84 r230 r986 r3l8 r98 r350 1,157 334 113 470 r3,595 r2,542 1,391 r620 rl35 r382 r1,053 r363 r388 r3,642 r2,578 1,419 r628 rl34 r382 r 1,064 362 r390 r3,599 r2,496 r 1,279 r688 rl29 r392 r1,103 r339 r3,55l r2,497 rl,263 r708 rl28 r390 r1,054 322 r4l I r3,6l7 r2,522 r1,267 r732 rl27 r388 r1,095 r3l8 r438 3,632 2,512 1,250 739 126 388 1,120 324 443 r123.0 601 650 628 553 60! rl23.4 r127.8 602 1 623 654 667 626 648 553 586 630 60! j . |955 c u~vcy. 2 / E) rl28.5 625 676 652 588 632 129.2 628 676 654 589 633 631 676 655 596 633 All commodities (U.S.Dept. of Commerce index).1935-39=100. CONSTRUCTION AND REAL ESTATE New construction (unadjusted), total \J Pr i vate, tota I Res'} dent i a I (nonf arm) New dwelling units Additions and alterations Nonresidential building, total 21 I ndustr i a I Commerc i a I Form construction Pub I ic ut i I ity Pub lie, tota I Nonres i dent i a I bu i I d i ng Military facilities Highway.^...; mil. of do I. do... do... do... do... do... do... do... do... do... do... do... do... do... New construction (seasonally adjusted), total J./ do... Private, total , do... Residential (nonfarm) do... Nonresidential building, total 2 / do... Farm construction do... Public utility do... Pub I i c, tota I do... Nonres i dent i a I bu i I d i ng do... H i ghway do... Construction cost indexes: Department of Commerce composite 1947-49=100. The American Appraisal Co., average, 30 cities...1913=100. Atlanta do... New York do... San Franci sco do... St. Louis,,,,,, ,e, , , dosss r I DawlcaH I / Dov/icaH ris»+a f^J" ! n+or\ioninn mnn+hc ui I I K 1 rAA3 MONTHLY BUSINESS STATISTICS - - Continued 1956 1955 I TEW Apri i February Mav March Apri 1 May DOMESTIC TRADE AI I retaiI stores: Estimated sales (unadjusted), total ±/ mil. of do I. Durable-goods stores: Automotive group • do... Furniture and appliance group do... NondurabIe-goods stores: AppareI group • do... Drug and proprietary stores do... Eating and drinking places do... Food groupes s i e s t ., e,,,,, ........... do... Gaso Iine serv i ce stat i ons do... Genera I-merchandise group do... Estimated inventories: Unadjusted, total do. .• Durable-goods stores do... Nondurabie-goods stores ...do... Adjusted, total do... Dur ab I e-goods stores do... Nondurable-goods stores do... Firms with II or more stores, estimated sales: Unadjusted do... Adjusted.. .do... Department store sales, United States total: Unadjusted i ndex 1947-49= 100. Adjusted index „ ... do... Wholesale trade: Sales, estimated (unadjusted), total mil, of dol. Durable-goods estab I ishments do... Nondurab le-goods estab I ishments do... Inventories, estimated (unadjusted), total do... Durable-goods estab I ishments do... Nondurab ie-goods estab I i shments do... 15,622 15,468 13,686 15,864 r 15,029 16,152 3,431 757 3,409 809 2,812 757 3,195 808 r3,058 r787 3,175 891 986 416 1,080 3.689 988 1,650 878 419 1,136 3.514 1,046 1,584 667 451 1,041 3.446 983 1,271 1,003 479 1,114 3,939 1,078 1,649 r833 r446 rl,l34 r3,532 rl,090 r 1,514 952 469 1,212 3,752 1,141 1,692 23,570 11,280 12,290 22,760 10,540 12,220 23,390 11,240 12,150 23,000 10,750 12,250 23,840 11,330 12,510 24,210 11,450 12,760 24,540 I 1,680 12,860 r23,820 11,220 r12,600 24,880 11,830 13,050 23,850 I I,100 12,750 2,906 2,774 2,721 2,825 2,464 2,905 3,058 r2,954 2,722 2,911 116 117 r92 r!!8 rlii rl22 pi 13 pl22 9,140 3,220 5,920 11,570 6,000 5,570 9,320 3,270 6,050 11,550 6,060 5,490 9,530 3,230 6,300 12,570 6,470 6, 100 10,240 3,540 6,700 r12,620 6,680 r5,940 9,900 3,530 6,370 12,620 6,780 5,840 64,647 61,685 6,215 55,470 2,962 65,192 62,703 6,963 55,740 2,489 65,490 62,576 5,469 57,107 2,914 65,913 63,078 5,678 57,400 2,834 66,555 63,990 6,387 57,603 2,564 2/ 67,846 2/ 65,238 2/ 7,146 2/ 58,092 2/ 2,608 r49,073 r 16,257 r759 r2,6J4 r3,937 rl0,6l9 r2,l85 r5,82l r6,88l r49,494 r16,337 r764 r2,790 r3,998 rIO,604 r2, 195 r5,888 r6,9l8 r50,246 r16,824 r780 r2,588 r4,083 r!0,8l9 r2,250 r5,8l8 r7,084 r50,499 r16,764 r783 r2,669 r4,106 rl0,93l r2,265 r5,859 r7,l22 r50,803 rl6,759 r789 r2,847 r4,120 r10,922 r2,279 r5,978 7,109 p50,999 pl6,64l p794 p3,030 p4,140 p!0,95l p2,295 p6,037 p7,III r12,809 r7,450 r96 r642 r299 r452 r1,063 r883 rl, 175 r798 r1,433 r223 r12,873 r7,520 r95 r674 r300 r459 rl,083 r892 rl,185 r803 r1,426 r?l5 rl3,2l2 r7,692 r86 r635 r322 r466 rl,138 r899 r 1,274 r849 rl,392 r23l r13,125 r7,62l r84 r6l9 r3l8 r472 rl,l30 r893 r l ,281 r842 r1,354 r23l rl3,l!3 r7,67l r84 r636 r3!5 r478 r.1,139 r895 r 1,294 r876 rI,329 r232 p 12,985 p7,586 p84 p654 P 3I0 P.478 o 1, 121 p876 p1,280 p873 p1,285 p23l 5,359 rl,OI6 80 983 r1,046 r443 r52l r550 173 r209 337 r5,353 rI,040 r8l r966 rl,03l r445 r522 r549 175 r2l4 r330 r5,520 rl,0!3 r90 r989 rI,131 r456 r540 r558 r!70 r225 r350 r5,504 rl,02l r82 r98l rl,M6 r457 r545 , r566 rl72 r?2l r344 r5,442 rl,022 r79 r972 r460 r547 r570 rl73 r2l9 r332 p5,399 pi,036 p79 p963 p1,045 p460 p546 p559 pl72 p2l5 p325 103.6 r104.7 r146.6 104.1 r105.6 r!50.0 106.9 107.1 157.9 rl06.l r106.4 r!57.9 N06.0 r107.2 r!58.2 pl05.0 p106.5 p155.5 r I 15 119 p!2i p!23 EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Civilian labor force thousands. Employed do... Agricultural employment do... Nonagricultural employment do... Unemp I oyed do... Employees in nonagricuItural establishments: .3/ Total, unadjusted (U. S. Dept. of Labor) do... Manufacturing do... Mining do... Contract construction , do.,. Transportation and public utilities do... Wholesale and retai I trade do... Finance, insurance, and real estate do... Service and miscellaneous... do... Government. do... Production workers in manufacturing industries: 3/ Total do... Durab le-goods industries do... Ordnance and accessories do... Lumber and wood products (except furniture) do... Furniture and fixtures do... Stone, clay, and glass products do... Primary metal industries do... Fabr i cated meta I products 47 do... Machinery (except electrical) do... E'lectr ical machinery. do... Transportation equipment do... Instruments and related products do... Nondurable-goods industries do... Food and k t ndred products do..., Tobacco manufactures do..., Texti le-mi I I p r o d u c t s . . do..., Appare! and other finished textile products do..., Paper and allied products do... Printing, publishing, ar.d allied products do..., Chemicals and allied products do..., Products of petroleum and coal do..., Rubber products do... Leather and leather products...., do..., Manufacturing production-worker indexes: 3/ Emp loyment: Unadjusted 1947-49= 100., Adjusted.. do..., Payrol Is, unadjusted do..., rl,070 vj Revised. j>/ Preliminary. \J May 1956 figures are advance estimates. 2/ Data beginning May 1956 are derived from an expanded sample of about 35,000 households in 330 areas. Data through April 1956 from the previous sample can be used as a continuous series with the estimates beginning May 1956 but some allowance should be made for the sample expansion in interpreting April-to-May net changes. Figures for May 1956 based on former sample, in order as shown above (thous.): 67,739; 65,i59; 7,i60; 57,999; 2,580. V Employment, hours, and earnings series shown here have been revised to the first quarter 1955 benchmark and are not comparable with estimates appearing in the May 1956 Survey of Current Business. _4/ Except ordnance, machinery, and transportation equipment. MONTHLY BUSINESS STATISTICS —Continued 4 1956 1955 ITEM Apri I May February April March May EMPLOYMENT AND WAGES - Continued Hours and earnings: ±/ Average weekly hours per worker, all manufacturing..hours* Durable-goods industr!es.«... .....do... Nondurab Ie-goods industries do... Average weekly earnings, all manufacturing ..dollars. Durable-goods industries do... Nondurable-goods industries.. do., „ Average hourly earnings, all manufacturing.. .do. Durable-goods industries „ do. Ordnance and accessor ies... .. ......do. Lumber and wood products (except furniture). do. Furniture and fixtures do. Stone, clay, and glass products do. Primary metal industries Fabricated metal products 2/ Machinery (except electrical). E lectrical machinery Transportat i on equ i pment Instruments and related products .do. ...do. do. .do. do. do. Nondurable-goods industries........................do. Food and kindred products. ......do. Tobacco manufactures...••••.... do. Texti le-mi 11 products do. Apparel and other finished textile products do. Paper and allied products .do. Printing, publishing, and allied industries......do... Chemicals and a 11 ied products, do... Products of petroleum and coal. ..do... Rubber products• ••••.•.•••••••••••••••.••.•••••••»• do... Leather and leather products.....................do.,. FINANCE Consumer credit (short- and intermediate-term): Total outstanding, end of month..... mil. of do I. Installment credit, total do.... Installment credit extended and repaid: Unadjusted: Extended, total do... Repa i d, tota I do... Adjusted: Extended, total...... do... Repai d, tota I do... 40.3 41.2 39.0 74.96 81.58 r66.30 40.8 41.6 39.6 76.30 82.78 67.32 40.5 41.0 39.8 78.17 84.05 69.65 40.4 r40.9 39.6 78.78 r84.25 70.49 r40.3 r4l.i r39.2 r78.99 r85.49 r70.17 p40.0 p40.6 p39.i p78.40 p84.45 p70.38 1.86 1.98 2.03 1.66 1.60 1.82 1.87 1.99 2.03 1.67 1.59 1.84 1.93 2.05 2.12 1.67 1.65 r!.90 1.95 2.06 2.15 rl.7l 1.67 S.9I rl.96 r2.08 r2.16 rl.75 1.66 1.93 pi.96 p2.08 p2.J7 pi.77 pi.67 pi.94 2.17 1.95 2.06 1.86 2.20 1.88 r 2 . 19 1.96 2.07 1.87 2.22 1.87 r2.32 r2.02 2.17 1.93 2.24 1.96 2.32 2.03 2.17 1.94 r2.25 1.97 r2..33 r2,04 2.18 ri.96 2.26 1.98 p2.34 p2.04 p2.!8 pi.97 p2.26 p i . 98 rl.70 1.74 rl.38 1.37 1.32 1.81 1.70 1.74 rl.40 1.38 rl.33 1.81 1.75 rl.83 1.39 1.42 1.38 1.87 1.78 1.85 1.47 1.43 1.43 1.89 ri.79 1.85 rl.49 1.43 ri.42 S.89 pi.80 pl.86 pl.49 pi.44 pi.43 pi.90 2.33 1.97 2.34 r2.08 1.40 2.35 rl.97 2.36 r2.09 1.41 2.38 2.05 r2.45 2.14 rl.46 2.40 2.05 2.52 2.15 1.49 r2.40 r2.07 r2.54 r2.!5 S.5< p2.4l D2.09 p2.5i p 2 . 15 pi.50 30,655 23,513 31,568 24,149 35,272 27,784 35,536 27,964 35,962 28,260 3,089 2,550 3,027 2,552 3,206 2,570 3,103 2,635 2,769 2,754 3,192 2,845 3,253 2,641 3,466 2,769 r8,884 r5,M7 3,438 2,816 3,519 2,841 r8,804 r5,093 r2,9l4 2,289 2,966 2,288 8,684 5,486 3, I 14 2,934 2,988 2,790 3,163 2,867 3,227 2,987 LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Association): Production, total..... mil. of bd. ft.. Softwoods.» .do.... Sh i pments, tota I .....do.... Softwoods * .do.... Stocks, gross (mill and concentration yards) do.... Softwoods do.... r7 Revised. £./ P r e l i m i n a r y . \J See note 3/ on p. 3. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS r3,083 r2,482 r3,26l r2,592 8,511 5,380 3,138 2,541 3,259 2,620 8,400 5,311 2/ Except ordnance, machinery, 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
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