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March 18, 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

INDEX, 1935-39 = 100
500

Weekly

Monthly

PRICES OF 4 2 0 INDUSTRIAL STOCKS
(Wednesday close)

- 400

400
.1955

y-

300

200

^

1 | | | | ,

100

-

-

^

-

i i i i i 1 i i i i i

• ••

i i l i

ti

I I

i i i i I 1 i i i i i

BILLION DOLLARS

130

20

- 200

1954

i i i

i

i

1

i

i

i

i

u .

100

JFMAMJJASOND

1955

INDEX, 1 9 4 7 - 4 9 = 100

WHOLESALE PRICES

\

-

1954

1953

1952

300

SALES OF RETAIL STORES
(seasonally adjusted)

120 -

Commodities other than
Farm Products and Foods

\

. Total

15

*^

NO

1
Nondurable Goods
•I

10

\

•

Dura die Goods
5
"

Farm Products

80
1952

iI i

iii iiI i

1953

1954

ill

^

1952

Ii i i 11

1. 1 1 II1 1 1 1 1 1 II 1 1 1

1954

1953

1955

DOLLARS
2.20

MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)

HOURS

56

MANUFACTURING HOURLY EARNINGS
& HOURS
2.00

160

Average Hourly
Gross Earnings

, Payrolls

- A

^

i i i i i 1111 i i

1955

INDEX, 1947-49 =
180

140

0

"

52

(left scale)

1.80

48

~N/
120

Average Hours
Per Week

1.60

44

(right scale)

1.40

100

40

Employment

80 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

1952




1953

1954

MI..I

1955

1.20

,AKI

I ii I

1952

• M l || || . I I

n.ln,

1953

1954

m l i II i ^J 36
1955

WEEKLY BUSINESS STATISTICS1
1954

1955

ITEM
Mar. 6

A I I commodities
1947-49= 100..
Farm products
do....
Foods, processed
do....
A I I other
do
22 commodities 2 /
do
Department store sales
do....
Insured unemployment, total 3/
thous..
State programs
,
do....
Finance:
Currency in circu lation 4/
mi I. of dol..
Federal Reserve bank credit outstanding, total
do....
Member bank reserve ba lances
.do....
Excess reserves, estimated
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) 4V
percent..
!
Stock prices, 480 stocks(Standard and Poor s).1935-39*100..
Industrials, 420 stocks
do....
Production:
Bituminous coal £ /
thous. of short tons..
Electric power, by utilities
mil. of kw.-hr..
Passenger cars and trucks (Ward's)
number..
Petroleum (crude) and condensate^/
thous. of bb I..
Steel 5/
thous. of short tons..
Percent of capacity J5/
Freight car loadings, total
thous. of cars..
Mi see I laneous
do..

Mar. 13

Feb. 19

I 10.3
93.4
103.2
115.4
91.5
90
2,075
1,849

Feb. 26

110.3
93.7
103.2
I 15.4
90.9
93
2,074
1,844

Mar. 5

Mar. 12

I 10.0
92.6
102.2
115.3
88.6

110. I
92.8
102.7
115.3
89.9
98

87.8
85
2,409
2,201

•110.5
•98.4
•105.3
•114.2
88.8
92
2,399
2, 187

29,912
25,689
19,540
713

29,891
25,638
19,640
848

29,764
25,071
18,903
648

29,796
24,668
18,479
371

29,804
24,813
18,555
362

29,832
24,714
18,521
455

53,913
19,894
78,855
32,292
22,407
6,478
223
3. 18
203.0
220.5

54,753
19,961
79,150
32,848
22,481
6,489
229
3. 15
204.7
222.5

56,598
21,465
84,673
35,057
22,251
7,326
205
3.19
279.3
313.9

56,744
21,470
84,334
34,750
22,236
7,342
178
3.20
280.4
314.4

56,270
21,493
84,416
34,599
22,351
7,359
222
3.21
283.0
316.6

257
3.21
275.2
307.8

1,070
8,586
129,609
6,433
1,686
#70.7
591
326

I, 157
8,519
132,673
6,458
1,652
#69.3
610
322

1,489
9,912
188,435
6,767
2,150
89. I
655
343

1,467
9,725
186,241
6,789
2, 191
90.8
635
338

1,290
9,727
183,748
6,806
2,218
91.9
659
363

193,254
2,241
92.9

_[/ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Includes UCFE program beginning January 8, 1955. 4/ Daily average.
.5/ Week ended March 19: Production, 2,232 thous. short tons; operating rate, 92.5 percent. • Monthly index for March 1954. # Not comparablt
with 1955 rates which are based on higher capacity as reported January I, 1955.

MONTHLY BUSINESS STATISTICS
1954

1955

ITEM
January

February

November

December

January

February

COMMODITY PRICES
Reta iI pr i ce:
All commodities (U.S.Dept. of Commerce index).1935-39*100
Wholesale price index, all commodities
1947-49=100
Farm products
do..
Fruits and vegetables, fresh and dried
do..
Grains
do..
Livestock and live poultry
do..
Foods, processed
do..
Cerea I and bakery products
do..
Dairy products and ice cream
do..
Fruits and vegetables, canned and frozen
do..
Meats, poultry, and fish
do..
Commodities other than farm products and foods
do..
Chemicals and allied products
do..
Chemicals, industrial
do..
Drugs, Pharmaceuticals, cosmetics......
do..
Fats and oils, inedible
;
do..
Fert i I i zer mater i a I s
do..
Prepared pa int
do..
Fuel, power, and I ighting mater ials
do..
Coa I
do..
E lectr icity
, . .do..
Gas
do..
Petroleum and products
do..
Furniture, other household durables.
do..
App I iances, househoId
do..
Furniture, househo Id
do..
Radios
do..
Television sets
do..
Hides, skins, and leather products
do..
Footwear
do..
Hides and skins
do..
Leather
do..
Lumber and wood products
do..
Lumber
do..
r/ Revised.




209.5
110.9
97.8
91.2
91.3
91.8
106.2
I 12.4
109.4
103.8
96.4
I 14.6
107.2
118.4
93.9
61.2
114.0
112.8
I 10.8
II 1.9
100.7
I I 1.8
114.2
115.2
109.6
I 14.2

96. I
73.5
95.3
I I 1.9
56.8
88. I
I 17.0
I 15.9

208.9
110.5
97.7
89.7
91.6
91.3
104.8
112.7
107.4
103.0
92.9
114.4
107.5
118.4
93.9
63.5
I 14.0
I 12.8
110.5
110.9
101.3
113.5
113.5
115. I
109.7
I 13.9
96. I
73.8
94.9
I I 1.9
55.4
87.4
I 16.8
I 15.5

207.6
I 10.0
93.2
103.2
93.5
76.4
103.8
116.5
108.8
105.5
86.3
I 14.8
107.0
117.7
93.6
57.8
112.2
112.8
107.4
105. I
103.0
107.3
109.5
115.6
109. I
112.9
95.4
69.2
92.8
III.7
52.7
82.0
I 19.9
119.6

r207.6
109.5
89.9
96.9
92.5
74.0
103.5
116.8
108.2
106.0
85.2
I 14.9
107.0
117.4
93.6
59.3
113.3
112.8
107.5
105.2
100.7
I 10.2
I 10.4
115.7
109.4
112.9
95.4
69.2
91.8
I I 1.6
47.4
81.5
120.0
119.8

207.3
rI 10. I
r92.5
r105.2
r93.5
r79.4
r 103.8
rI 16.9
r107.0
rlO4.6
r87.6
rll5.2
107. I
I 17.3
93.6
r6l.8
rl13.6
112.8
r108.5
105.2
100.7
rI 13.0
rill.7
rI 15.5
r108.7
rI 12.5
95.4
69.0
r9l.9
I I 1.6
r49.5
81.2
120.3
120.0

110.4
93. I
103.8
93. I
80.7
103. I
I 16.3
107.2
104. I
86.9
115.6
107.2
117.4
93.5
61.0
113.5
113. I
108.5
105. I
100.7
113.0
III.7
115.4
108.5
112.4
95.4
68.8
92.3
III.5
51.6
82.2
121.3
121.5

MONTHLY BUSINESS STATISTICS —Continued
1955

1954
ITEM
January
COWODITY PRICES - Continued
Wholesale price Index - Continued
Machinery and motive products
Agricultural machinery and equipment
Construction machinery and equipment
Electrical machinery and equipment
Motor vehicles
Metals and metal products
Heat I ng equ 1 pment
I ron and stee I
Nonferrous metals
NonmetalMc minerals, structural..,
CI ay products
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and products
T1 res and tubes
,
Textile products and apparel
Appare I
Cotton products
SI Ik products
Synthetic texti les
Woo I products
Tobacco manufactures and bottled beverages
Beverages, alcoholic
Cigarettes
Miscel laneous
Toys, sporting goods

1947-49-100.
do,..
....do...
do...
do...
do...
do...
do...
:.do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
.... do...
do...
do...
do...
do...
do...
do...
do...
do...

DOMESTIC TRADE
All retaiI stores:
Estimated sales (unadjusted), total _[/
mil. of dol.
Durable-goods stores:
Automotive group
do...
Furniture and appliance group
.do...
Nondurable-goods stores:
Apparel group
do...
Drug and proprietary stores
do...
Eating and drinking places
do...
Food group.
do...
6aso I i ne serv 1 ce stat i ons
do...
Genera I -merchand i se group
do...
Estimated inventories (adjusted), total
do...
Durab Ie-goods stores
do...
Nondurab Ie-goods stores
do...
Firms with II or more stores, estimated sales:
Unadjusted
do...
Ad justed
..do...
EMPLOYMENT AND WAGES
Labor force (Bureau of the Cansus):
Civi I ian labor force
Employed
Agricultural employment...
Nonagricu Itural emp layrtfent
Unemployed
Employees in nonagricuItural establishments:
Total, unadjusted (U. S. Dept. of Labor)
Manuf actur i ng
Mining
Contract construction
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Serv 1 ce and mi see 11 aneous
Government
Production workers in manufacturing industries:
Tota I
Durab le-goods industr ies
Ordnance and accessories
Lumber and wood products (except furniture)
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products 2/
Machinery (except electrical)
Electrical machinery
Transportation equipment.
Instruments and related products
Miscellaneous manufacturing industries
Nondurable-goods industries
Food and k i ndred products
Tobacco manufactures
Texti le-mi I I products
Apparel and other finished textile products
r/ Revised. £ / Preliminary,
roent.




124.4
122.7
131.2
126.8
118.9
127.2
115.3
132.0
121.5
120.9
131.9
117.2
122.1
117.0
126.8
124.8
130.3
96.1
99.1
90.4
142. I
85.4
111.0
118.2
115.0
124.0
101. I
113. I

12,339

February

November

December

January

124.5
123.0
131.5
126.8
118.9
126.2
I 14.8
131.0
I 19.8
121.0
131.9
117.6
122. I
117.I
126.8
124.6
130.3
95.3
98.8
88.8
135.8
85.4
109.0
118.0
114.6
124.0
102.8
113.0

125.3
121.3
131.8
126.7
121.0
129.9
114.3
135.5
127.2
121.8
135.4
117.4
122. I
116.0
126.5
131.4
134.9
95.2
98.4
89.9
127.4
86.9
106.6
121.4
114.3
124.0
97.0
112.8

t25.7
121.2
132.6
126.8
121.7
129.8
114.3
135.0
127.6
121.8
135.4
117.4
122.1
115.9
126.9
132.0
134.9
95.2
98.4
89.9
123.9
87.2
106.7
121.4
114.3
124.0
98.0
112.9

r125.8
rl2L5
r133.2
126.8
121.7
rl30. I
rll3.9
r135.8
r127.9
r122.0
135.8
r116.7
122.1
116.3
127.5

rl24.I
r87.3
r106.6
121.4
114.3
124.0
r97.0
r I 13.2

126.0
121.4
133.4
126.8
121.4
131.5
113.7
135.8
133.7
121.7
136.1
116.9
132.1
116.6
128.0
139.4
140.5
95. I
98.1
90.5
122.4
86.7
106.4
121.6
114.6
124.0
97.5
113.3

12,065

14,531

17,872

r13,279

12,845

r2,645
r698

2,679
653

r693

582
402
957
3,263
899
1,185

r136.8
r139.9

95.2
98.2

90.2

2,124
670

2,254
652

2,478
836

2,824
1,025

678
407
988
3,357
855
1,167
22,520
10,690
11,830

604
394
962
3,112
800
1,142
22,420
10,580
11,840

920

1,821
r22,080
r10,030
12,050

1,448
530
1,113
3,920
1,008
2,850
r22,090
r10,060
r12,030

r 1,244
22,210
10,160
12,050

2,240
2,543

2,150
2,585

2,743
2,660

3,718
r2,798

2,316
2,754

62,840
59,753
5,284
54,469
3,087

63,725
60,055
5,704
54,351
3,670

64,624
61,732
6,154
55,577
2,893

63,526
60,688

63,497
60,150

5,325
55,363

5,297
54,853
3,347

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

48,147
16,434
805
2,349
4,069
10,421
2,033
5,377
6,659

47,880
16,322
790
2,356
4,039
10,310
2,044
5,380
6,639

48,827
16,107
721
2,724
3,992
10,782
2,108
5,511
6,882

r49,505

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

13,002
7,616
177
617
293
428
1,049
874
1,230
855
1,470
237
386
5,386
1,024
97
997
1,062

12,906
7,520
165
627
292
427
1,027
864
1,220
839
1,435
233
393
5,386
1,009
90
995
1,088

12,697
7,247
110
713
299
439
988
845
1,091
828
1,326
213
395
5,450
,102
I,
103
992
1,053

thousands.
do...
do...
do...
do...

February

398
1,067
3,452
994

2,838

r420
rl,OI3
r3,398
r949

r16,097
720

r47,804
r 15,965
712

r2,549
r3,999
I 1,400
r2,109
r5,479
r7,152

r2,358
r3,933
r10,483
r2,096
r5,423
r6,834

r12,682
r7,263

r 12,553
r7,22l
r 108
r658
r289
r429
r1,01 I
r834
rl, 112
r8l5

109
r687
294
437
r1,002
r844rl,106
827
rl,365
213
379
r5,4l9
r1,054
rlOO
r993

1,065

r 1,389
r2l2
r365

r5,332
r997
r9l
r987
r1,061

63,321
59,938
5,084
54,854
3,383
p47,80l
p16,082
p7ll
p2,269
p3,938
p 10,397
p2, 105
p5,427
p6,872
p 12,653
P 7,3I4
plO6
p655
p293
p434
p1,032
p845
pi,137
p8l8
p1,409
p2l2
p372
p5,339
p980
p87
p99l
pi,078

U February 1955 figures are advance estimates. 2/ Except ordnance, machinery, and transportation equip-

MONTHLY BUSINESS STATISTICS —Continued
1954

1955

ITEM
January

February

November

December

January

February

EMPLOYMENT AND WAGES - Continued
Production workers in manufacturing industries - Continued
Nondurable-goods industries - Continued
Paper and a I I ied products
thousands..
Printing, publishing, and allied industries
do....
Chemi ca I s and a I I i ed 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..
Durab le-goods industr ies
do....
Nondurab le-goods i ndustr ies
do....
Average weekly earnings, all manufacturing
dollars..
Durab le-goods industr ies
do....
Nondurab le-goods industr ies
do....
Average hour ly earni ngs, all manufacturing
do....
Durab le-goods industries
do....
Ordnance and accessories
do....
Lumber and wood products (except furniture)
do....
Furniture and f ixtures
do....
Stone, clay, and glass products
do....
Primary metal Industries
do....
Fabr icated meta I products \_l
do....
Mach i nery (except e lectr ica I)
do....
E lectr ica I machinery
do....
Transportation equi pment
do....
Instruments and related products
do....
Miscellaneous manufacturing industries
do....
Nondurab le-goods industries
do....
Food and k ? ndred products
~
do....
Tobacco manufactures
do....
Texti le-mi I I products
do....
Apparel and other finished textile-products
do....
Paper and a I I i ed 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....

438
514
540
178
206
332

437
514
536
178
203
339

440
524
528
173
205
331

438
525
r529
172
r209
r334

r434
r5l8
r529
rl70
21 I
r337

p433
P5I6
p528
pl70
p2IO
p346

105. I
105.6
140.8

104.3
104.6
140.5

102.7
101.9
142.7

r102.5
102.0
r143.6

r101.5
r102.0
r 141.8

plO2.3
p102.5
p144.8

39.4
40. I
38.5
70.92
76.59
63.53
1.80
1.91
1.94
1.59
1.56
1.75
2.08
1.89
2.00
1.80
2. 12
1.81
1.61
1.65
1.68
1.27
1.36
1.37
1.72
2.24
1.87
2.26
1.94
1.38

39.6
40.2
38.8
71.28
76.38
64.02
1.80
1.90
1.96
1.59
1.55
1.75
2.06
1.88
2.00
1.81
2. II
1.81
1.60
1.65
1.67
1.29
1.37
1.37
1.72
2.25
1.87
2.25
1.94
1.38

40.2
40.8
39.5
73.57
79. 15
65.97
1.83
1.94
2.01
1.67
1.58
1.81
2. 14
1.93
2.03
1.84
2. 18
1.85
1.61
1.67
1.71
1.29
1.37
1.34
1.78
2.30
1.93
2.29
2.02
1.38

r40.5
41. I
39.7
r74.12
80. 15
66.30
1.83

40.2
40.9
r39.3
73.97
80. 16
r66.02
1.84

1.95
2.02

1.96
2.03

rl.64
rl.59
1.80
2. 14
1.94
2.04
1.84
2. 19

rl.63
1.58
r 1.81
2. 15
1.95
2.04
rl.85
r 2 . 19
1.86
rl.64
1.68
1.73
rl.34
1.37
1.35

p40.5
p4l.2
p39.5
p74i93
p80.75
p66.36
pl.85
pi.96
p2.04
ol.64
pi.60
pl.80
p2. 15
pi.95
p2.05
pl.85
p2.20
pi.86
pi.64
pl.68
p 1.73
p 1.34
pi.37
pl.35
p 1.79
p2.32
pi.95
p2.28
p2.02
pl.38

1.86
rl.63
1.67
I.7J
1.30
1.37
1.35
1.78
r2.3l
1.93
2.28
r2.04
rl.38

rl.79
r2.3l
rl.93
r2.29
r2.04
1.38

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....
Repaid, total
do....
Adjusted:
Extended, t o t a l
.do
Repaid, t o t a l
do....
r_/ Revised,

p/ Preliminary.

U Except ordnance, machinery

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL BUSINESS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




28,724
21,836

28,140
21,582

29,209
22,014

30,125
22,467

29,684
22,436

1,947
2,298

1,956
2,210

2,554
2,492

3,046
2,593

2,389
2,420

2,306
2,368

r2,357
2,377

2,612
2,500

2,762
2,488

2,823
2,496

and transportation equipment.

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300