View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

.JUJJBZ""

IB

"1

BUSINESS

ol
°F

BUSINESS tCO

June 21, 1957

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 to those published in the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
INDEX, S 9 4 7 - 4 9 ="|00

INDEX, 1 9 4 7 - 4 9 = 100

250

250-

Weekly

Monthly

ELECTRIC POWER PRODUCTION

1957

(seasonally adjusted)
^—.as^ssio-

225

1956^

|
200

175

150

^ m ^ ^ ^

fil

i

i

i

l

1 i

i

i

i i

1 I

1 1 i

1954

!

1 i

\

I 1

1

1 [

BILLION DOLLARS

350

1 1

1 1 1 1 1 1

1 M

11 1 M

200

-j

175

1 1 1

I I I I I I > I I I IjJ 150
J F M A M J J A S O N D

1957

1956

1955

1

H

INDEX, 1947-49 = 100
180

PERSONAL INCOME

TOTAL INDUSTRIAL PRODUCTION

(Seasonally adjusted, at annual rates)

(F. R. B. seas. adj. index)
160

300

V

Total
140

250

Wage and Salary
Disbursemen ts
S20

2 0 0 bJ \ 1 I I I I I I M I I LLJLJ l l M M M H I l l l l l l l l M H l l m i l ,

1954

1955

1956

1 0 0 I I I I M I I I I IJ 1 M I I I I I I I M 1 I I I I 1 i I I I I I I I I I I I I I I I I I

!954

1957

INDEX, 1 9 4 7 - 4 9 = 100

INDEX, 1 9 4 7 - 4 9 = 100

130

200
WHOLESALE PRICES

Commodities Other Than
120 h-"Farm Products 8 Foods

175

1956

1957

MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)
Payrolls

110

1955

K

ALL COMMODITIES

IOO

Farm Products

/
100

90 h
8 0 h i i i i I» n i i n

S954



i i i i I i M i i I i i i i i I i i i 11 I n i i i I i 11 i i

S955

I956

.1957

75 I n i i i I i i n i I i i i n I 1 i I i i I i i i I I h M n I n i i i i i I M i
1954
1955
1956
1957

WEEKLY BUSINESS STATISTICS1
1957

1956
ITEM
June 16

June 9

May 25

June 1

June 8

June 15

Commodity prices, wholesale:
....1947-49^100..
.
.do....
do....
do....
« e * # « e « « e e eOOe ae•

do....

88.2
124
1,298
1,225

* 114.2
*9I.2
*I02.3
*!2!.5
89.0
131 E
1,250
1,177

88.3
116
1,357
1,270

117.5
90.6
106.5
125.3
89.5
124

88.7
110
1,399
1,310

117.5
90.6
106.8
125.3
89.6
e9 ..,«ee«

"

Finance:
Federal Reserve bank credit outstanding, total 3/....do....
do....
Federal Reserve reporting member banks in leading cities:^/
Demand deposits, adjusted.•••••••••..,•< ....mi 1. of dot..
Time deposits, except U. S. Government.,
Loans and investments (adjusted), total,
..do
Commercial, industrial, and agr. loans (gross)...do....

30,505
25,320
18,819
602

30,542
25,251 1
18,749 |
516 |

30,645
25,070
18,818
492

30,660
24,833
18,616
326

30,836
24,987
18,846
442

55,641
21,806
84,726
26,719
27,971
8,508

56,974 j
21,851
85,236
26,745 !
28,258
8,547

55,151
23,356
85,626
25,114
31,328
8,664

55,149
23,506
86,242
25,878
31,077
8,66!

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

309
4.03
47.14
50.53

225
4.06
47. SI
50.57

289
4.09
47.27
50.81

1

257
3.46
45.63
48.62

286
3.46
46.42
49.56

hb 1 ~ .

1,617
10,951
126,464
6,998

1,687
11,425
121,376
7,066

1,594
11,574
150,835
7,457

1,618
10,936
99,950
7,418

1,670
11,550
152,887
7,338

.thous. of cars..
do

2,380
#96.7
787
383

2,299
#93.4
80!
381

2,212
86.4
723
343

2,252
88.0
672
318

2,240
87.5
733
349

Bond yields, domestic corporate (Moody's) 3/
.percent..
Stock prices, 500*stocks (Stand. & Poor's)4/...194l-43«10..
Production:
Bituminous coal 3/...................thous>. of short tons..
Electric power, by uti1ities....••••••••• • .mi 1. of kw.-hr..
..thrtiis- o f

30,903
24,988
18,834

48!

,,...«.,«
265
4.14
48,05
51.82

147,437
2,214
86.5

±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. ,4/ Wednesday data; S&P's index on revised basis.
1/ Week beginning June 17, 1957: Production, 2,240 thous. short tons; operating rate,"~87.5 percent. *Monthly index for June 1956. #Not
comparable with 1957 rates, which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1957

1956
ITEM
April

May

February

March

Apri 1

May

GENERAL BUSINESS INDICATORS
Personal income, by source:
Seasonally adjusted at annual rates:
Wage and salary disbursements, total....
do....
do....
..do....
..do....
do....
do....
Persona! interest income and dividends.. ••..,,,,,oo....
do....
Less personal contributions for social i nsurance.do.,*.

321.7
222.9
96.8
59.1
29.8
37.2

322.8
223.2
96.8
59.1
30.0
37.3

7.2
49.7
29.1
18.6
5.8
306.8

7.2
50.!
29.4
18.7 '
5.8 1
307.6

144
146
162
152
174
136
rl73
201
164

141
142 1
157 1
144
167 I
130
rl68
189
r!63

119
126
158
141

l!7 i
125
162
140

336.6
233.7
101.9
61.5
31.4
38.9

338.1
234.5
102.0
62.0
31.5
39.0

339.3
r234.9
r102.2
r6l.8
31.7
r39.2

340.4
234.7
101.6
62.1
31.7
39.3

7.5
51.5
30.7
19.9

7.5
51.6
30.9
20.3
6.7
322.7

7.5
r51.6
31.1
20.9
6.7
324.0

7.6
51.7
31.3
21.8
6.7
325.1

rl38
rl77
231
174

148
150
166
144
rl84
r!38
r!77
r228
174

rl44
rl46
163
r!4l
rl79
139
rl7l
r222
rl75

pl43
pl44
p!59
p!37
pl74
p!35
pl66
p2l4
pl7l

119
112
151
137

119
rl 12
rl53
139

rl 18
rl 17
r!56
r!38

pi 14
pi 15
p!56
pi 36

131
139
145
!3I
r87
157

133
144
r!39
rl30
88
r !55

r!29
r!43
r!38
r!29
84
r!5!

p!29
p!43
pl4!
p!30
p83
pi50

6.7
321.3

Industrial production (FRB):

Metal fabricating (including ordnance)••»«••••,do,,•,

Instruments and related products...,.
do....
..do,...

Coal


£ / Revised. £ / Pre!iminary.


do....
do....
do....

129
137
135
130
86
15!

r!28
136
137
130
85
!49

rl48
149
167
149

rl85

MONTHLY

BUSINESS STATISTICS — Continued
1956

•ITEM

1957
May

April

February

March

May

Apr i 1

GENERAL BUSINESS INDICATORS - Continued
Industrial production (FRB) - Continued
-49=2 100..
».«do....
...do....
Metal fabricating (including ordnance)...... s « • G O . • « ,
...do....
..•do....

•..do....
.•do....
•..do....
..•do....
...do....
...do....

143
144
159
146
170
136
r!70
193
162

141
143
157
14!
167
130
r 171
187
164

123
122
158
144
130
135
139
129
89
147

123
12!
162
143
129
135
140
128
85
149

141
154
162
150
109
132
141
140
145
11!

124
131
127
136
108
125
132
118
141
110

146
r!48

1

164
143
180
r|38
r!72
224
174

r!45
147
162
137
179
137
r!72.
222 1
173 I

r!44 I
r!45
16!
r|36 1
r!76
139 !
167

r2!7
173

p!43
p!45
p!60

p!34
p!75
p!35
p!69
p2!3
p!71
p!20

118
113
155 j
136 1
131 !
141
143 1
132
r87
rl54

rl 18
rill
rl54
137
131
14!
133
r93
152

r!2l
112
r!56
14!
rl30
r!4l
r!42
r!28
88
rl47

143
r!57 1
178
140
112
138
149
167 !
134
'114

142
155
171
143
III
134
144
159
132
111

r!32
rl42
155
132
rl09
rl26
r!33
141
128
rliO

p 126
p!33
pi44
pl25
pl08
pl26
pl33
pl39
p!29
piiO

||7,l

rl4l

t

p!!2
pl56
pl39
p!30
pl42
p!44
p!28
p84
pl50

Consumer durables output (FRB):
..do....
.•.do....
••do....
1
..do....

Major household goods

•••••••.. ,«do,,.,
..do....

COMMODITY PRICES
Reta i1 pr i ce:
All commodities (U.S. Dept. of Commerce index).1935-•39s100..
Wholesale price index, all commodities
..1947-•49=100..
Economic sector:

209.8
114.4

214.9
117.0

214.7
116.9

214.9
117.2

95.4
121.7
112.7
88.0
101.8
89.5
70.8
100.4
115.6
105.9
109,0
79.3

96.6
122.2
113.6
90.9
111.8
90.5
74.4
102.4
115.5
107.9
109.3
82.1

96.7
125.1
117.0
88.8
96.1
87.0
75.0
103.9
115.9
112.5
105.9
83.9

96.7
124.9
116.9
88,8
94.1
87.5
76,6
103.7
116.7
III.3
105.9
84,6

97.1
r125.0
117.4
90.6
103.0
87.3
79.3
104.3
116.8
111.4
104.9
88.2

96.6
124.8
1 17,5
89.5
109.0
85.4
78.7
105.0
116.5
1 10.7
104.7
91.5

121.6
106.9
110.6
118.0
100.6
128.5
135.7
147.7
128.6
127.4
145.0
95.1
121.7

121.7
106.9
110.8
118.0
100.0
128.0
136.5
146.8
128.6
127.3
143.5
94.9
121.6

125.5
108.8
119.6
121.9
98.0
120.7
144.5
151.4
132.7
128.5
143.9
95.7
124.1

125.4
108.8
119.2
121.9
98.4
120.1
144,8
151.0
133.2
128.7
144.3
95.4
124.1

r125.4
109.1
rll9.5
r!2U5
98.8
120.2
145,0
150,1
r!34.6
r128.6
144,5
r95.3
r124.5

125.3
109 1
119.1
121.5
99.1
119 7
145.0
150.0
!35. 1
!28 9
144,7
95.4
124.5

II 1.4
109.9
75.3
1.5

113.7
110.8
76.3
2.9

r65.8
r63.1
r45.l
r2.7

83.0
75.5
54.2
7.5

92.0
89,5
62,3
2.5

102.0
96.0
66.7
6 0

.•do....

1,157.0

1,146.0

r923.0

880.0

940.0

990.0

usands..

66,555
r63,991
6,387
57,603
2,564

67,846
65,238
7,146
58,092
2,608

66,311
63,190
5,195
57,996
3,121

66,746
63,865
5,434
58,431
2,882

66,951
64,261
5,755
58,506
2,690

67 893
65,178
6,659
58,519
2,715

r5l,178
r16,782

r51,578
r16,730

r51,704
r16,945

r51,894
r16,933

r52,242
16,807

p52,354
p16,685

..do....

Fruits and vegetables, canned and frozen.

Commodities other than farm products and foods

..do....
•.do....
... •.do....
..do*...
••do....
.•do....

..do....
..do....
..do....

Tobacco manufactures and bottled beverages

|
1
;

208.8
113.6

Intermediate materials, supplies, and components, ••do....
••do....
•.do....

••do....
..do....
••do....
..do....

1

E

'

CONSTRUCTION AND REAL ESTATE
New permanent nonfarm dwel1ing units started:
Unadjusted: Total, privately and publicly owned... .thous..

Seasonally adjusted at annual rats:

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census) :J/

..do....
..do....
Employees in nonagricultural estab1ishments: 2/
Total, unadjusted (U, S. Department of Labor)

..do,,..

r/ Revised. j>/ Preliminary. ±/ Estimates beginning January 1957 reflect certain changes made in the definition for employment and unemployment, etc. Figures for May i957, comparable with data through May i956, in order as above (thous.): 67,956; 65,467; 6,663; 58,804;
2.489. 9/ Data for em«loym^nt ; hours, and earnings have been adjusted to the 1st quarter 1956 benchmark arid are not strictly comparable
for with
FRASER
data shown in the^ay 1956 SURVEY.

Digitized
http://fraser.stlouisfed.org/
JS3S6.
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued
1956

1957

ITEM
Apr! I

Nay

February

Aprl I

March

May

EMPLOYMENT AND WAGES - Continued

d./- Con«
Empioyees in nonagr. establishments, unadjusted-^
thousands,,
Contract construction........................... * B e * do...
Transportation and public uti I I t i e s e c e 8 e 9 e e t s s c..
o 0»«do.s«,
Wholesale and retail trade..........................dO...
Finance, insurance, and real estate.................do...
Service and ml see ISaneous......................
do,.,
Government.. ...................................
« e o a .do.« e
Production workers in manufacturing Industries?^/
<•••« .do...
OurabIe-goods 1ndustr i e s 9 , e 9 , e e 9 9 8 9 , . 8 . e 9 9 4 , e o 8s . © . . 0 0 . e .
Ordnance and accessor Ies. .<*,*««».«.«.a.* *«.„<»...
• .«do9(Be
Lumber and wood products (except furniture).. •edoffls.
Furniture and fixtures....».................. s . d o e @ e
Stone, clay, and glass products..4.••••••«••• ..do...
Primary metal i n d u s t r i e s e s « . e e e e o s e e e e e s e e e . e ,.do...
••do...
Fabricated metal products 2 / t 9 , „ „ M 8
Machinery (except electrical)•••••,...••••..• B .do.« c
*«do.a<!
E lectr icaI machInery.
Transportation equipment.................."... ••do...
Instruments and related products............. s *do«. e
Nondurab le-goods industr ies e •• • •••••••••.•••.••••••do..
Food and kindred products........................do...
Tobacco manufactures s ••••.••.••••••.•.••••••••••«do e .,
Text!le-mi11 products............................do..
Apparel and other finished textile products......do..
Paper and allied products.......
do..,
Printing, publishing, and allied products........do..
Chemicals ajt4 allied products....
do..
Products of petroleum and coal...................do..
Rubber products..........'......................... do...
Leather and leather products.••••••••••*•••..••••• do...
Manufacturing production-worker indexes: J/
Emp loyment: Unadjusted.
1947-49= 100
..

AQJUSTeQ»».eee«eeeee«ae.eoeee««««..o»o» . QO..

Payro11s', unadjusted.
•••••••••••••••••••••••••••do..
Hours and earnings; J./
Average weekly hours per worker, all manufacturing..hours,
Durable-goods industries.
.do..
Nondurab le-goods i ndustr ies
do..
Average weekly earnings, all manufacturing...
dollars
Durable-goods i ndustr ies..
.do..
Nondurabie-goods industries.«...
do..
Average hourly earnings, all manufacturing.
.....do..
Durable-goods i ndustr ies...........................do..,
Nondurable-goods i ndustr ies.
.do..

r808
r2,757
r4,130
r11,065
r2ff289
r6,207
r7,140

r806
r2,970
r4,149
rII,126
r2,299
r6,282
r7,2!6

r833
r2,673
r4,120
r! 1,225
r2,30l
r6,273
r7,334

r83l
r2,756
r4,147
r 11,265
2,310
r6,3!7
r7,335

r833
r2,9!6
r4,158
r11,424
r2,3!9
r6,435
r7,350

p830
p3,066
P4,I6I
pit,415
p2,333
p6,497
p7,367

r 13, 137
r7,706
84
r656
r3!7
r472
1,136
r896
1,292
r869
r1,360
r229

r13,063
r7,648
83
r683
r3!3
r473
r1,118
r882
r1,280
r866
r1,324
r228

r13,114
r7,72l
79
r589
r3!3
r449
H , 124
r902
r1,294
r877
rI,482
r230

r 15,085
r7,693

r 12,956
r7,625

79

r78

r593
r3!2
r45l
rl,M2
r898
rl,29l
r869
r1,474
r23l

r6SI
31J
r456
rS,099
r889
rI,277
r853
r 1,436
r23l

pl2,83l
p7,564
p78
p627
p308
p456
pi,090
p876
pi,251
p850
pi,418
p227

r5,43»
rl,OI5
r78
r977
r 16065
r46S
r548
r565
r!72
r2!4
r337

r5,4!5
rl,042
r78
r969
r 1,046
r464
547
r556
S72
r2M
r33i

r5,393
r987
r84
r933
r 1,095
r466
r555
r548
r!73
r2!3
r340

r5,392
r989
rll
r929
rS,098
r467
r559
r550
ri73
r2!l
r34l

r5,33l
r989

r!95
r334

rS,267
pi,006
p73
p9S0
pi,018
p463
p560
p544
pl?3
p201
p32l

r106.2
r107.3
r158.5

r105.6
r107.1
r156.4

r 106.0
r106.4
r165.0

r105.8
r106.0
r164.3

r!04.7
r105.8
r162.2

p103.7
p105.2
pi 60 ,,2

40.3
41.1
39.2
78.99
85.49
70.17
1.96
2.08
1.79

r40.0
40.8
r39.0
r78.40
84.86
r70.20
rl.96
2.08
1.80

40.2
40.9
39.3
82.41
88.75
73e SO
2.05
2.17
1.86

40.1
r40.8
r39. 1
82.21
r88.94
r73.12
2.05
2.18
1.87

r39.8
r40.5
r38.8
r8i.99
r88.29
r72.56
r2.06

p39.7
p40.2
p38.8
P8I.78
p87.23
p72.94
p2.06
P2.I7
pi,88

624
503

719
520

559
385

583
411

606
455

2,232

2,254

1,610

S,909

74
r920
r1,068
r467
r560
r552

172

2.18
1.87

METALS AND MANUFACTURES
Industrial trucks (electric), shipments;
Hand (motorized)
..................number,
R i der- type
»•«•••••••••••
............do..,
Industrial trucks and tractors (gasoline-powered), shipments
•••.••••••
•
number,
j r / Revised. j>/ P r e l i m i n a r y .
3B 3S4

U See note 2 for p. 3.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
O F F i C I A L BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




1,941

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