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- w " " o f r - March 13, 1959 STATISTICS BUSINESS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription t o 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, I 9 4 I - 4 3 « I 0 Index>l94l-43=I0 180 80 Monthly PRICES OF 4 2 5 INDUSTRIAL STOCKS (Wednesday close) 70 6 0 h- 5 0 h- 4 0 h3 0 LjL I I I I I I I I I1956 i i I i i i i i I i i i i i I i i i i i I i i i i i I i i i i i 1957 1958 1959 Billion Dollars 35 30 60 MANUFACTURERS' SALES & INVENTORIES CONSUMER CREDIT OUTSTANDING (seasonally adjusted) (short- and intermediate-term) h rV W' 25 Billion Dollars BiI lion Dollars 70 ^ Sa,es * H" J^p*^™*^ h '•^^ooooo o ~*j H 50 Inventt tries * 20 (right sc ale) h H 40 Installment Book value, end of month I [t 1 1 1 1 1 1 11 11 11 111 1956 1957 1 1 M 1 ij 1 1 1 11 11 11 1 1 1 1 1 1 1 1 1 1 1 1 1 13 0 1958 125 h l l " 1959 I I I I 1 I I I I I I I l I I I I I I I I I I I I I I I 1957 1956 1958 I I I I I I I I I I I 1959 Dollars Index, 1 9 4 7 - 4 9 = 100 200 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 175 150 20 Credit (end of month) Hours 2.40 56 MANUFACTURING HOURS & EARNINGS 2.20 H 52 2 . 0 0 I- Payrolls * H48 Average Hourly Gross Earnings (left scale) Employment 1.80 h 1.60 P H44 \ 100 h 40 Average Hours Per Week (right scale) 7 5 li.i I 11 11 111 i h I 11 I I I 1111 1 i i I I I I i 111 I I 1111 11 I I III 1956 1957 1958 1959 1.40 [A I I I I 1 I I II I 1 I M I I I II I II II I I I I I I 1956 1957 1958 I I I • • n I i i i i iJ 3 6 1959 WEEKLY BUSINESS STATISTICS1 J 1958 1959 ITEM Mar. 1 Feb. 14 Mar. 8 Feb. 21 Mar. 7 Feb. 28 Commodity prices, wholesale: • ••»..,,.•• 85.7 107 3,502 3,282 331 •119.0 •96.1 •109.9 •125.7 85.6 112 3,501 3,275 358 1 1 1 1 1 1 1 1 1 119.4 91.1 107.9 127.6 84.7 III i^OO? 2,469 292 119.4 91.0 107.8 127.6 84.2 109 ••2,900 2,375 310 30,542 24,527 18,909 483 30,563 24,309 18,674 590 1 1 1 1 31,193 27,136 18,742 496 54,943 25,768 87,361 26,856 30,367 8,742 4.00 40.92 43.62 54,503 26,038 88,576 27,707 30,161 8,709 I 1 1 1 1 1 57,510 28,168 94,294 31,555 30,156 9,719 4.03 1 41.47 1 44.25 1 1,385 11,803 109,368 6,841 1,350 11,793 102,010 6,328 1,475 #54.6 551 280 1,425 #52.8 544 280 do.... Department store sales do.... 119.1 89.9 107.2 127.5 84.2 118 119.2 90.3 107.2 127.6 84.3 •••••••••• 296 288 31,205 27,112 18,562 382 31,111 26,965 18,389 374 31,126 26,892 18,375 4.44 54.35 57.86 56,671 28.217 94,061 31,183 30,252 9,738 4.42 54.50 57.97 57,070 28,223 93,857 30,825 30,258 9,757 4.41 55.24 58.83 1 I 1 1 1,363 13,156 140,611 7,155 1,343 13,259 145,916 7,208 1,366 12,972 153,307 7,199 1 1 1 1 2,371 33.7 567 294 2,449 86.5 583 307 2,506 88.5 576 305 F i nance: mi 1. of dol.. Federal Reserve bank credit outstanding, total 3/....do.... do.... Reporting member banks (of F.R.System) in leading cities:4_/ Time deposits, except U. S. Government.. Loans and investments (adjusted), total. do.... U. S. Government obiigat ions..•••••••• Commercial, industrial, and agr. loans (gross)...do.... do.... Bond yields, domestic corporate (Moody's) , Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10.. do.... Industrials, 425 stocks production: Bituminous coal 3/..•.....•••••••••••thous . of short tons., .mi 1. of kw.-hr.. Motor vehicles (cars, trucks, coaches).... Petroleum (crude) and condensate 3/....... ..thous. of bbl.. Stee 1 5/ thous . of short tons.. .thous. of cars.. do 352 4.40 56.35 60.06 156,802 2,556 90.3 * J/ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Daily average. 47 Wednesday data. 5_/ Week beginning March 9, 1959: Production, 2,600 thous. short tons; operating rate, 91.8 percent. • Monthly index for February 1958. ** Includes persons reported under temporary programs (TUC) and under Ex-Servicemen's Unemployment Compensation Act of 1958 (UCX). § Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1959 rates which are based on January I, 1959, annual capacity (147,633,670 tons). MONTHLY BUSINESS STATISTICS 1957 |j 1958 1959 ITEM December January October November December January GENERAL BUSINESS INDICATORS Manufacturers' sales: do.... do.... Transportat i on equ i pment (i nc1. motorvehicles)..do.... do.... do.... Nondurable-goods industries, total J,/.., do.... do.... do.... do.... do.... Machinery (including electrical) 2/.. Transportation equipment (incl. motor vehicles)..do.... do.... do.... Nondurable-goods industries, total 1/.. Texti le r/ Revised. ±/ „ | do.... do.... do.... do.... do.... do.... do.... 1 1 ! | 26,347 13,152 1,954 1,336 4,131 3,495 769 556 25,858 12,313 1,948 1,329 3,693 3,066 814 545 28,820 13,584 2,300 1,684 4,112 2,588 982 757 r26,729 12,911 1,999 1,415 3,736 3,208 843 640 r27,954 rl3,7l7 r2,M7 rl,4l5 r4,085 1 r3,646 j r83l j r583 I 27,361 13,176 2,211 1,430 3,807 3,316 838 560 13,195 4,176 380 954 809 1,726 2,893 414 13,545 4, 167 357 994 904 1,888 2,913 444 15,236 4,730 408 1,219 1,013 2,164 2,874 527 rl3,8l8 4,347 370 1,123 917 1,881 2,763 r425 r 14,237 r4,353 r422 rl,07! 898 r 1,833 r3,237 502 14,185 4,242 26,690 13,092 2,073 1,431 3,954 3,147 851 654 26,350 12,646 1,952 1,402 3,847 3,001 846 634 27,158 12,943 2,182 1,569 3,993 2,592 898 653 r27,467 13,295 2,113 1,553 3,951 3,040 891 667 r28,135 rl3,6l3 r2,256 r1,586 r3,975 r3,184 r884 r655 28,214 13,686 2,247 1,585 4,027 3,204 889 13,598 4,337 392 999 861 1,890 2,654 427 13,704 4,412 384 989 886 1,836 2,774 448 14,215 4,377 1 385 1,042 947 | 2,077 2,903 493 r14,172 4,436 378 1,102 936 2.023 2,819 r472 r14,522 r4,48l r4l4 r1,079 955 r2,004 r2,970 518 14,528 4,517 363 1,085 931 1,925 3,141 667 412 1,104 931 1,911 2,991 Includes data for "other industries" not shown. 2/ Correction for p. S-4 of the February 1959 SURVEY: December 1958 Digitized for figure FRASER for seasonally adjusted manufacturers' sales, electrical machinery, should read $1,694 mil. instead of $2,239 mil. 9295 MONTHLY BUSINESS STATISTICS—Continued 1957 3 1958 1959 ITEM December October January November December January GENERAL BUSINESS INDICATORS - Continued Manufacturers' inventories, end of month: Book valve (unadjusted), total nil. of dol.. Transportation equipment (incl.motor vehicles).do.... 53,688 31,137 4,466 2,963 10,283 7,885 1,814 1,257 53,298 30,770 4,384 2,989 10,188 7,669 1,801 1,262 49,015 27,687 4,132 2,840 8,862 6,665 1,664 1,148 r49,165 27,684 4,217 1,809 8,866 6,593 1,683 1,162 r49,468 r27,873 r4,297 r2,8IO r8,852 r6,639 rl,728 rl,l88 49,773 28,125 4,271 2,890 8,976 6,681 1,734 1,217 8.5 12.7 7.7 11.3 7.7 11.2 7.7 11.3 r9.0 r21,595 r4,89l rl,978 r2,422 r 1,443 r3,79l r3,264 1,004 7.5 M.4 9.2 22,551 4,912 1,962 2,628 1,444 3,863 3,644 1,103 8.3 12.5 10.0 22,528 4,786 2,027 2,667 1,443 3,886 3,543 1,111 9.1 2.9 10.5 53,520 31,148 4,269 3,086 10,374 7,801 1,827 1,270 9.1 3.0 10.5 52,911 30,625 4,273 3,081 10,222 7,529 1,772 1,237 8.3 12.7 10.1 22,372 4,689 1,924 2,679 1,444 3,820 3,644 1,092 8.3 12.4 By stages of fabrication: 9.9 8.7 8.8 21,328 4,917 1,838 2,385 1,395 3,686 3,374 r21,476 4,958 1,861 2,371 1,405 3,724 3,390 r998 981 21,648 4,872 2,019 2,434 1,455 3,811 3,179 By stages of fabrication! Book value (adjusted), total mil. of dol.. Transportation equipment (incl. motor vehicles).do.... 8.5 2.9 8.9 2.9 9.8 8.8 2.9 9.9 49,337 27,932 4,005 2,928 9,026 6,594 1,721 1,221 8.6 2.9 10.0 r49,297 27,877 4,058 2,896 8,954 6,576 1,730 1,223 r49,209 r27,863 r4,100 r2,927 r8,9l4 r6,574 X 1,740 r1,200 49,493 28,062 4,158 2,979 9,040 6,562 1,724 1,205 7.7 11.3 7.6 11.3 7.5 11.3 11.4 9.9 By stages of fabrication: Rubber•••••••••••••••••••••••••••••.•••••••••••do.... By stages of fabrication: 8.8 3.1 10.5 ! 7.6 9.9 9.0 9.0 9.0 9.1 22,286 4,627 1,912 2,694 1,443 3,824 3,615 1,100 21,405 4,694 1,857 2,490 1,423 3,760 3,276 1,022 r21,420 4,676 1,861 2,456 1,419 3,767 3,324 rl,OI8 r21,346 r4,646 r1,904 r2,469 r 1,443 r3,748 r3,264 21,431 4,709 1,905 2,459 1,455 3,785 3,244 8.8 3.0 10.5 8.7 2.9 8.6 3.0 r8.5 3.0 9.8 9.9 9.6 8.6 3.0 9.8 24,264 10,749 1,619 1,189 3,276 2,448 13,515 24,369 10,704 1,556 1,239 3,336 2,356 13,665 28,667 13,395 2,341 1,666 3,929 2,674 15,272 27,903 13,530 2,414 1,602 3,975 2,835 14,373 r27,368 13,452 2,265 1,393 3,656 3,587 rl3,9l6 r27,797 13,574 2,262 1,601 4,019 3,007 r14,223 r28,033 r13,796 r2,294 r 1,429 r4,052 r3,50l r 14,237 r28,365 r13,673 r2,2IO r1,458 r4,047 r2,958 r 14,692 28,143 13,803 2,885 1,555 3,797 3,053 14,340 28,453 13,823 2,774 1,620 3,865 3,051 14,630 49,103 46,563 4,467 3,343 16,703 18,132 2,540 46,079 43,388 3,908 3,068 16,125 16,270 2,691 46,718 43,929 4,174 3,046 16,045 16,649 2,789 r46,797 r44,006 r4,35l r3,060 rl6,OI2 r16,504 r2,789 47,579 44,635 5,025 3,185 16,002 16,241 2,944 137 rl39 139 994 Manufacturers' orders: Durable-goods industries, total ±/ 25,067 11,890 1,563 do.... M89 3,520 3,669 13,177 25,060 11,399 1,512 1,213 3,422 2,932 13,661 Machinery (including electrical) do.... Transportation equipment (incl.aotor vehicles)...do.... Transportation equipment (incl.motor vehicles)...do.... 1 50,697 48,127 4,796 3,483 17,120 18,750 1 2,570 Unfilled orders, end of month (unadjusted), total....do.... Transportation equipment (incl.motor vehicles)...do.... CONSTRUCTION AND REAL ESTATE Construction cost index: 137 J 140 1 January February 139 1959 19.58 November December 1 January February EMPLOYMENT AND WAGES Labor force (Bureau of the Census): r/ Revised. J./ Includes data for "other industries" not shown. http://fraser.stlouisfed.org/ 9295 Federal Reserve Bank of St. Louis 66,732 62,238 4,998 57,240 4,494 1 67 160 61,988 4,830 57,158 5,173 68,485 64,653 5,695 58,958 3,833 68,081 63,973 4,871 59,102 4,108 67,430 62,706 4,693 58,013 4,724 67,471 62,722 4,692 58,030 4,749 MONTHLY BUSINESS STATISTICS —Continued 4 1958 ITEM January February j November December 1959 January February EMPLOYMENT AND WAGES - Continued Employees in nonagricultural establishments: Total, unadjusted (U„ S. Department of Labor)...thousands.. ...do.... ...do.... 50,477 15,865 766 2,387 3,985 11,140 2,344 6,241 7,749 49,777 15,593 747 2,173 3,944 10,948 2,343 6,240 7,789 51,432 15,795 712 2,784 3,885 11,382 2,374 6,426 8,074 r5l,935 r 15,749 713 r2,486 r3,88l r11,976 r2,373 r6,384 r8,373 r50,292 r15,676 r705 r2,342 r3,837 r11,035 r2,366 6,303 r8,028 p50,233 pl5,737 p695 p2,242 p3,829 p 10,956 p2,378 p6,3l4 p8,082 ...do.... ...do.... Lumber and wood products (except furniture)..• ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... 12,024 6,869 526 419 958 840 1,134 793 1,267 11,767 6,653 517 408 913 806 1,109 767 1,207 11,981 6,742 579 426 930 827 1,020 788 1,199 r11,930 r6,740 r565 422 r943 824 r 1,038 r789 1,208 r 11,849 r6,732 r546 r4li r954 r8l9 1,053 r79l r1,214 pi 1,898 p6,775 p54© p409 p982 p825 pi,07| p79l pi,197 ...do.... ...do.... ...do.... Apparel and other finished textile products.•• ...do...• ...do.... ...do.... Printing, publishing, and allied products ...do.... ...do.... 5,155 969 861 1,037 445 549 525 161 323 5,114 95 i 855 1,051 438 546 519 159 326 5,239 1,050 867 1,053 446 548 514 156 324 r5,190 i-i,GGI 862 r1,056 443 r550 r5l4 155 329 r5,M7 r95l r855 rl,052 r44l r*43 r5l3 rl54 r330 p3,123 p933 p86l. P 1,075 p440 p543 p5l4 pl49 p334 97.2 98.0 149.9 95.1 95.5 144.9 96.9 96.0 158.4 r96.5 r96.l r160.4 r95.8 r96.5 r158.1 p96.2 p96.5 pi38.4 ...do.... 38.7 38.9 38.3 81.66 87.14 73.54 2.11 2.24 1.92 38.4 38.6 38.1 80.64 86.46 73.15 2.10 2.24 1.92 39.9 40.3 39.4 86.58 94.30 77.22 2.17 2.34 1.96 r40.2 40.8 39.6 r88.04 r96.29 78.01 2.19 r2.36 1.97 39.9 r40.4 r39.3 87.38 r94.94 r77.8l 2.19 r2.35 1.98 p39.8 p40.2 p39.4 P87.I6 p94.87 p78.0l P2.I9 p2.36 pl.98 of dol.. •••••• ...do.... 43,904 33,713 43,017 33,278 43,464 33,126 45,065 33,865 44,415 33,768 3,088 3,470 r3,484 r3,4l3 2,742 3,177 3,221 3,388 3,338 3,264 3,594 3,447 4,350 3,611 3,720 3,414 3,321 3,418 3,799 3,412 ...do.... ...do.... ...do.... Production workers in manufacturing industries: Total Manufacturing production-worker indexes: -49.100.. Seasonally adjusted ...00.... ...do.... Hours and earnings: Average weekjy hours per worker, all manufacturing ..hours.. ...do.... ...do.... Average weekly gross earnings, all manufacturing..dollars.. ...do.... ...do.... Average hourly gross earnings, all manufacturing.. !!!do!"! FINANCE Consumer credit (short- and intermediate-term): Installment credit, total Installment credit extended and repaid: jr/ Revised. £ / Preliminary. USCOMM-DC-9295 1 / Except ordnance, machinery, and transportation equipment. PENALTY FOR PRIVATE USE T O A V O I D PAYMENT OF POSTAGE, $300 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT OF CURRENT Digitized forSURVEY FRASER BUSINESS
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