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June 17, 1955 BUSINESS STATISTICS 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 INDEX, 1935-39= 100 500 PRICES OF 4 2 0 INDUSTRIAL STOCKS INDEX, 1935-39 = 100 500 Weekly (Wednesday close) 400 - 400 300 - 300 200 i i i 1953 1952 1954 INDEX, 1947-49 = 100 175 l l i i i i i*. I 1 0 0 INDEX, 1947-49= 100 175 Monthly STEEL PRODUCTION (ingots and steel for castings) i JFMAMJJASOND 1955 150 125 \ \ inn \ / / M / - - I 50 - 125 100 A. / 22.9 75 vl i i • • 1 i 1 i i I I i 1952 i i i 1 i i i i i 1953 i i 1 i i i i i i i i 1954 INDEX, 1947-49 = 100 180 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 160 t t i i i i 1 i i i i i JFMAMJJASOND 1955 DOLLARS 2.20 MANUFACTURING HOURS & EARNINGS 2.00 56 52 Average Hourly Gross Earnings Payrolls HOURS (left scale) 140 48 1.80 Average Hours Per Week 120 44 (right scale) 100 40 y Employment 80 », i i i i 1 i i i i i 1 i 11 i i I i 11 i i I i i i i i I i i i i i I i 111 i I i i i i 1952 1953 1954 1955 1.20 III I I I I I II 1952 III1 II III II 1953 I III IIII I I I 1954 I I 11 I I 1955 36 WEEKLY BUSINESS STATISTICS1 1954 1955 ITEM June 5 Commodity prices, wholesale: A I I commodities 1947-49=100.. Farm products do. . . . Foods, processed do.. . . A I I other do 22 commodities 2 / do... . Department store sa les do.. .. Insured unemployment, total 3/ thous.. State programs do.... Finance: Currency in c i r c u l a t i o n ^ / mil. of dol.. Federal Reserve bank credit outstanding, total 4/....do.... Member bank reserve balances 4 / do.... Excess reserves, estimated 4 / do.... Federal Reserve reporting member banks in leading cities: Demand deposits, adjusted mil. of dol.. Time deposits, except Government do.... Loans and investments (adjusted), total do.... U. S. Government obligations do.... Commercial, industrial, and agr. loans (gross)...do.... Real-estate loans (gross) do.... Failures, industrial and commercial number.. Bond yields, domestic corporate (Moody's) 4_/ percent.. Stock prices,480 stocks (Standard and Poor's).1935-39=100.. Industrials, 4 2 0 stocks do.... Production: Bituminous coal 47 thous. of short tons.. Electric power, by utilities mil. of kw.-hr.. Passenger cars and trucks (Ward's) number.. Petroleum (crude) and condensate 4 / thous. of bb I.. Steel j>/ thous. of short tons.. Percent of capac i ty _5/ Freight car loadings, total thous. of cars.. Misce I laneous do.... June 12 May 21 May 2 8 June 4 *l10.0 110.2 00.0 103.6 I 15.6 89.0 102 June I I I 10.3 104.0 I 15.6 89.6 93.0 97 2,200 2,035 *II4.2 93.2 III 2,145 1,985 29,929 25,642 19,555 643 29,895 25,802 19,805 920 29,847 24,908 18,853 660 29,878 24,834 18,673 494 30,035 25,001 18,496 428 30,058 25,044 18,648 620 53,930 20,600 79,624 33,196 21,599 6,592 218 3. 16 222.7 244.9 54,778 20,664 79,478 33,217 21,571 6,598 206 3. 16 216.3 237.0 56,294 21,496 84,679 33,743 22,737 7,707 226 3.23 283.3 317.6 56,437 21,512 84,280 33,296 22,641 7,686 204 3.23 286.7 321.7 56,011 21,527 84, 164 33,026 22,636 7,719 203 3.23 289.5 325.4 230 3.23 297.6 336.2 I, 196 8,246 I I 1,314 6,466 1,674 #70.2 612 305 1,262 8,658 133,704 6,495 1,746 #73.2 698 344 1,542 9,730 208,087 6,676 2,338 96.9 774 387 1,561 9,976 198,282 6,655 2,326 96.4 790 394 1,587 9,537 149,929 6,592 2,312 95.8 714 352 89.3 I 15 1,378 1,255 89. I I 14 1,298 I, 180 172,225 2,286 94.7 _]_/ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Includes UCFE program beginning January 8, 1955. 4_/ Daily average. _5/ Week ended June 18: Production, 2,330 thous. short tons; operating rate, 96.5 percent. * Monthly index for June 1954. # Not comparabh with 1955 rates which are based on higher capacity as reported January I, 1955. MONTHLY BUSINESS STATISTICS 1955 1954 ITEM Apri I GENERAL BUSINESS INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, tota I mil. of do I.. Farm market i ngs and CCC loans, tota I do. . .. Crops do.. . . L i vestock and products, tota I do.. . . Dairy products do.. . . Meat animals do Poultry and eggs do.... Indexes of cash receipts from marketings and CCC loans: \J All commodities 1935-39=100.. Crops do... . Livestock and products do.. .. Indexes of volume of farm marketings: \_l A I I commodities do... . Crops do... . Livestock and products : do.... February May 1,934 1,901 506 1,395 345 762 262 2,015 1,986 536 1,450 389 762 259 287 179 367 300 189 382 12 ( 66 162 1,948 1,917 738 I, 179 299 618 243 Apr i I March May 1,921 1,898 577 1,321 348 671 286 p1,998 p1,983 p645 p1,338 p365p674 p272 289 261 310 286 204 348 p299 p228 p352 130 69 175 129 106 146 129 79 166 p!30 p80 pl69 1,437 1,085 1,987 1,449 1,727 108.5 107.4 76. I I. I r89.9 r87.9 r64.9 r2.0 I 17.0 I 16. I 84.7 .9 127.0 126.5 92.8 .5 132.0 129, 95, 2, CONSTRUCTION AND REAL ESTATE Contract awards (Engineering News-Record): 1,439 Engineer i ng construction 2V mil. of do I. . New permanent nonfarm dwelling units started: 107.7 Unadjusted: TotaI,privately and publicly owned..thousands.. 106.5 Pr i vate I y owned, tota I do. . . . In metropolitan areas do..., 78.4 Pub I ic ly owned do. . . . 1.2 Seasonally adjusted at annual rate: I,102.0 Privately owned, total do.... Construction cost indexes: The American Appraisal C o . , average, 3 0 cities...1913=100., 585 639 Atlanta do 623 New York do 530 San Franci sco do. . . . 577 St. Louis do 422 Associated General Contractors (all types) do.... 129.6 Engineering News-Record: Bui Id ing 3 / 1947-49=100., 136.6 Construction 3/ do. . . , 1,083.0 r1,370.0 1,407.0 1,309.0 1,306.0 586 639 623 530 577 422 130.0 137.3 599 649 629 550 600 432 135.9 142.5 600 650 630 55 1 601 432 136.2 142.9 601 650 628 553 601 434 136.8 144.2 602 654 626 553 601 435 137.4 144.8 x_l Revised. £./ Preliminary. ±/ Unadjusted. 2 / Data for April 1954 and March 1955 are for 5 weeks; other months, 4 weeks. ported at the beginning of each month are shown here for the previous month. 3/ Data re- MONTHLY BUSINESS STATISTICS —Continued 1954 1955 ITEM Apri I DOMESTIC TRADE A I I retaiI stores: Estimated sales (unadjusted), total \J rail., Durable-goods stores: Automotive group Furniture and appliance group Nondurable-goods stores: Appare I group Drug and proprietary stores Eating and drinking places Food group Gaso I i ne servi ce stat ions Genera I -raerchand i se group Estimated inventories (adjusted), total Durab le-goods stores Nondurab le-goods stores Firms with II or more stores, estimated sales: Unadjusted Adjusted February May March Apri I May of do!. 14,324 14,246 12,762 i 4,704 ri5,622 i5,323 do... do... 2, 841 695 2,832 739 2,707 682 3,305 761 r3,43l r757 3,414 808 949 398 1,035 3,422 903 1,567 22,690 10,410 12,280 821 406 1, 100 3,447 955 1,478 22,800 10,500 12,300 602 394 950 3,253 873 1,171 22,360 10,330 12,030 796 409 1,026 3,527 944 1,464 r22,590 10,450 rl2,140 r986 r4l6 r1,080 r3,689 r988 r1,650 22,770 10,550 12,220 844 415 I, 150 3,471 1,033 1,568 2,687 2,613 2,603 2,595 2,255 2,717 2,632 r2,778 2,906 2,774 64,063 60,598 6,076 54,522 3,465 64,425 61, 1 19 6,822 54,297 3,305 63,321 59,938 5,084 54,854 3,383 63,654 60,477 5,692 54,785 3,176 64,647 61,685 6,215 55,470 2,962 65,192 62,703 6,963 55,740 2,489 48,069 15,948 772 2,452 3,991 10,474 2,096 5,61 1 6,725 47,9.9 15,781 761 2,542 3,993 10,351 2,103 5,672 6,736 47,753 16,060 737 2,169 3,937 10,309 2,132 5,536 6,873 r48,2l2 16,201 r739 r2,255 r3,966 r10,408 r2,150 r5,57l 6,922 r48,64l r16,260 r739 r2,396 r3,94l r10,543 r2,161 r5,674 r6,927 p48,889 pl6,32l p740 p2,537 p3,987 pl0,5l9 p2,l72 p5,732 p6,88l 12,548 7,266 122 12,394 7,163 112 654 279 427 974 832 1,170 12,649 1,346 224 370 5,231 1,037 82 961 988 435 511 529 179 194 316 7,282 94 639 296 434 1,032 844 1,125 803 1,426 216 371 5,367 985 89 985 I ,, 101 437 512 535 170 209 345 r12,778 r7,375 94 r634 298 442 r1,057 r860 rl,144 r803 r1,447 219 377 r5,403 r99l r83 r985 I, I 10 r439 r5l6 548 rl72 r2l2 r347 r12,828 r7,467 r9l r649 r297 r450 r 1,080 r87l rl,l65 r806 r1,466 r2l8 r376 r5,36l r1,01 I r79 r982 r1,058 r440 517 r553 rl73 r2ll r338 p12,879 p7,537 p90 p677 p295* p459 p1,099 p876 pi, 171 p8l2 p1,466 p2l6 p376 p5,342 p1,030 p79 p966 p1,044 p442 p5l6 p547 p 174 p2l4 p33l 101.4 102.4 134.5 100.2 101.8 134.6 102.3 102.5 144.4 r103.3 r103.5 r 146.9 r103.7 r104.7 r 146.5 pi04. I pl05.7 pl49.7 39.0 39.7 38. 1 70.20 75.43 62.87 .80 .90 .97 .63 .56 .75 '.05 .88 .99 .80 >. I 1 .82 .60 39.3 39.9 38.5 71. 13 76.21 63.91 1.81 1.91 1.97 1.67 1.56 1.76 2.07 1.89 2.01 1.81 2. II 1.82 1.61 40.4 41. I 39.5 74.74 80.56 66.36 1.85 1.96 2.03 1.63 1.59 1.81 2. 15 1.95 2.04 1.85 2.20 1.88 1.64 40.7 41.4 39.7 75.30 81.56 66.70 1.85 1.97 2.03 1.62 40.2 41. I r39.0 74.77 p40.7 p4l.7 p39.4 p76. I I p82.98 p66.98 pi.87 pi. 99 p2.03 pi. 65 pi.59 pi.84 p2. 18 pi. 96 do... do... do... do... do... do... do... do... do... do... do... EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Civilian labor force thousands. Emp loyed do... A g r i c u l t u r a l emp loyment do... Nonagri c u l t u r e I emp loyment do Unemp loyed do... Employees in nonagricuItural establishments: Total, unadjusted (U. S. Dept. of Labor) do... Manuf actur i ng do... Mining do... Contract construction do... Transportation and public utilities do... Wholesale and retail trade do... Finance, insurance, and real estate do... Service and miscellaneous do... Government do... Production workers in manufacturing industries: Tota I do... Durab le-goods industr ies 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... Fabricated metal products 2 / .do... Machinery (except electrical) do... E lectr ica I machinery do... Transportation equipment do... Instruments and related products do... Miscellaneous manufacturing industries do... Nondurable-goods industries do. .. Food and ki ndred products do... Tobacco manufactures do.. . Texti le-mi I I products do... Apparel and other finished textile products do... Paper and allied products do... Pr inti ng,:-pub I i shing, and allied industries do... Chemicals and allied products do... Products of petroleum and coal do... Rubber products do Leather and leather products do... Manufacturing production-worker indexes: Employment: Unadjusted 1947-49=100. Adjusted do... Payrol Is, unadjusted do... Hours and earnings: Average weekly hours per worker, all manufacturing...hours. Durable-goods industries do... Nondurab le-goods industr ies do... Average weekly earnings, all manufacturing dollars. Durab le-goods i ndustr ies do... Nondurable-goods industries do... Average hour ly earnings, all manufacturing do... Durable-goods industries do.. . Ordnance and accessories ..do... Lumber and wood products (except furniture) do... Furn i ture and f i xtures do.. . Stone, clay, and glass products do... Primary metal industries do... Fabr icated metal products 2 / do. . . Machinery (except electrical) do... E lectr ica I machi nery do. . . Transportation equipment do.. . Instruments and related products do... Miscellaneous manufacturing industries do... r_/ Revised. £ / Preliminary. en 285 428 990 838 1, 192 796 1,384 228 376 5,282 1,016 82 972 1,033 435 513 537 176 192 325 J_/ May 1955 figures are advance estimates. ne 1.95 2.05 1.85 2.21 1.87 1.64 80.97 r65.9l 1.86 1.97 r2.03 1.65 1.60 1.82 2.17 1.95 2.06 r 1.86 r2.20 1.88 rl.64 p2.or pi.87 p2.22 pi.88 pi. 65 2/ Except ordnance, machinery, and transportation equipment. MONTHLY BUSINESS STATISTICS — Continued 1954 1955 ITEM Apri I May February Apri I March May EMPLOYMENT AND WAGES - Continued Hours and earnings: Average hourly earnings - Continued Nondurab le-goods industries do I lars Food and kindred products do.. Tobacco manufactures do. . Texti le-mi I I products do.. Apparel and other finished textile-products do.. Paper and allied products ,. do.. Printing, publishing, and allied industries do.. Chemicals and allied products do.. Products of petroleum and coal do.. Rubber products do. . Leather and leather products do.. FI NANCE Federal Government finance: Gross debt (direct), end of month, total mil. of dol Interest bearing, total do.. Public issues do.. Special i ssues do.. Noni nterest bear ing do.. Obligations guaranteed by U.S. Government, end of mo.do.. 1.66 1.68 1.34 1.37 1.32 1.73 2.27 1.90 2.27 1.96 1.39 1.68 1.73 1.34 1.38 1.35 1.79 2.33 1.95 2.27 2.04 1.39 68 73 37 37 34 79 2.34 1.94 2.29 2.04 1.40 1.69 r 1.74 1.39 1.37 1.31 1.81 2.34 r 1.98 r2.34 r2.06 r 1.40 pi. 70 pf.74 pi.40 pi.38 p 1.32 pi.80 p2.35 pi. 99 p2.33 p2.05 pi.40 27 1,047 268,855 227,806 41,049 2, 192 80 273,475 27 1,280 229,913 41,367 2, 195 80 278,182 275,565 233,517 42,047 2,617 27 274,048 271,200 229,103 42,097 2,847 33 276,649 273,924 232,233 4 1,691 2,725 37 277,472 274,804 232,563 42,240 2,668 43 r3,307 r2,595 r3,360 r2,7IO r9,298 r5,683 r3,324 r2,640 r3,208 r2,599 r9,4l4 r5,724 2,927 2,322 2,962 2,295 9,200 5,290 3,363 2,734 3,477 2,819 9,087 5,205 3,241 2,629 3,451 2,754 8,918 5, 121 1,525 9,952 6,971 68 7,473 71 8,497 88 3,238 1,892 67 5,288 479 765 457 1,481 384 445 3, 101 1,908 62 5,423 494 731 442 1,539 353 607 125.3 5,319 1.65 1.68 1.35 1.36 1.33 1.73 2.26 1.88 2.26 1.93 1.39 LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Association): Production, total mil. of bd. ft Softwoods do.. Shi pments, tota I do.. Softwoods do.. Stocks, gross (mill and concentration yards) do.. Softwoods do.. METALS AND MANUFACTURES Iron ore (Lake Superior district): Shipments from upper lake ports thous. of long tons Steel ingots and steel for castings: Product i on thous. of short tons Percent of capacity Barrels and drums, steel, heavy types: Orders, unfilled, end of month thousands Sh i pments do.. Stocks, end of month do.. Steel products, net shipments, totaI...thous. of short tons Bars, hot rolled, all grades do.. Pipes and tubes do.. P I ates do.. Sheets do.. Structural shapes, heavy do.. Tin plate and terneplate do.. Foundry equipment (new), new orders, net mo. avg. shipments, 1947-49=100 Pumps, steam, power, centrifugal and rotary: Orders, new thous. of dol x_! Revised. I 1,606 9,982 93 9,815 95 10,331 97 2,145 1,747 89 6, 120 630 610 457 2,166 338 433 2,303 2,125 104 7,269 764 795 543 2,450 407 514 2,342 1,990 106 7,279 747 824 560 80.8 90.4 163.6 178.6 5,007 6,709 6, 161 5,447 2,416 398 534 j>/ Preliminary. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 3,758 PENALTY FOR PRIVATE USE TO A V O I D PAYMENT OF POSTAGE, $300
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