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" May 18, 1956 iiioBMiMllli BUSINESS TATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription t o the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected weekly and monthly data subsequent t o those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS INDEX, 1947-49 = 100 INDEX, 1947-49 = 100 ! /"& |V?5 Monthly 1 STEEL PRODUCTION (Ingots and steel for eastings) fm^mm 150 H 150 125 H 125 100 "1 100 75 .4*8 J.-JL.L..L-L-LJL.J_ - J L ± - J L J - J - J - J - J L J _ J - J - - « i J ™ o j J j a » i - L ± - _ - i « J L _ J _ J ™ J - ™ L j _ X ™ l ^ ^ INDEX, 1947-49 = 100 BILLION DOLLARS SBO 20 ISO TOTAL INDUSTRIAL PRODUCTION SALES OF RETAIL STORES (F.K.B. seas, adj. index) (seasonally adjusted) — !40 "~i 15 -\ 10 h 120 - 100 J-.I LLlAj 1..I I S l I I. i i 1 i I I l IJ J J J j J j J J - L i - J J J - L LLLUJJJ -| 0 » I i i i I I I i i i l l I » I i I I I i II i i I n M i I n i n l i i i 8 8 1953 INDEX, 1947-49 = 100 DOLLARS 180 2.20 ISO MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 1955 1956 HOURS 52 MANUFACTURING HOURS & EARNINGS K^ 140 120 Employment 800 80 I i i i i i I i i i i i I i i i n I i i M i III i i i I I I i i i h i i i i 1 i i i i i 1953 1954 1955 1956 1954 2.00 Average Hourly Gross Earnings (left scale) 48 1.80 44 LSO 40 1.40 h- Average Hours Per Week (right scale) 36 1.20 Ll I 11 I I 8 I l i H I I i i i I i I I M 1 I H I i I I ? I i i 1 i I i i i I ,1 \ i i i J 32 1953 1954 •955 1956 WEEKLY BUSINESS STATISTICS1 1956 1955 ITEM May 7 May 14 Apr. 21 Apr, 28 May 5 May 12 Commodity prices, wholesale: 89.2 134 1,504 1,347 * 109.9 *91.2 •102.1 •115.5 89.3 108 1,434 1,298 113.5 88.0 100.7 121.3 91.9 113 1,424 1,324 113,7 88.6 101.2 121.4 92.1 119 1,375 1,279 113.8 89.0 101.5 121.4 92.1 125 29,764 24.971 18,659 458 29,859 24.924 18,920 617 30,290 25,497 18,909 642 30,155 25,374 18,884 595 30,181 25,266 18,767 464 55,981 21,476 84,464 33,57! 22,607 7,590 56,234 21,462 84,214 33,395 22,721 7,633 56,713 21,596 85,487 27,695 27,770 8,412 56,908 21,590 85,340 27,509 27,842 8,424 55,896 21,591 85,448 27,357 28,053 8,430 237 3.2! 285.4 320,3 233 3.23 284.5 319.2 252 3,43 349.5 406.0 236 3.46 345.8 401,1 277 3,46 353.8 411.6 1,425 9,586 202,112 6,688 1,456 9,673 208,268 6,681 1,650 10,894 153,267 7,130 1,693 10,867 149,231 7,146 1,670 10,815 135,398 7,084 2,331 #96.6 737 381 2,345 #97.2 757 383 2,466 100,2 763 389 2,473 300.5 778 390 2,373 96.4 771 383 do.... Al 1 other do.... 1 13 7 88 7 101. 1 121.4 90.8 Finance: Federal Reserve bank credit outstanding, total 3 / « S 5 S d o 8 S ! 5 do.... Federal Reserve reporting member banks in leading cities:^/ do.... Time deposits, except Government.. Loans and investments (adjusted), do.... U. S. Government ob1i gations.... Commercial, industrial, and agr. loans (gross)...do..., ......do.... Failures, industrial and commercial. Bond yieids, domestic corporate (Moody's) 3/ percent.. Stock prices,480 stocks (Stand. & Poor's) 4/..1935-39=100.. 30,18! 25,325 18,848 591 258 3.46 354.4 412.2 Production: . of short tons.. .mi 1. of kw.-hr.. Passenger cars and trucks (Ward's),, Petroleum (crude) and condensate 3/, ••thous. of bb1•, Stee1 5/ . of short tons,, .thous, of cars.. 130,541 2,343 95.2 J./ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. ±/ Wednesday data. j5/ Week ended May 19, 1956: Production, 2,355 thous, short tons; operating rate, 95.7 percent. §J Data for !956 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 1956 1955 ITEM April March | January February March Apri 1 GENERAL BUSINESS INDICATORS Industrial production (FRB): 138 140 155 144 166 131 152 2!3 144 143 144 160 151 172 135 167 206 160 144 146 161 152 172 134 168 r205 r 161 rl43 r!45 161 r!53 172 rl34 r!68 r204 rl6l 114 126 140 137 111 129 146 135 122 116 150 141 !23 12! 150 145 rl22 120 r!52 r!43 125 128 133 118 71 !45 124 127 132 119 72 143 128 126 143 128 91 153 13! 128 r!43 r!27 88 r 151 r!30 r!3! r!4i r!26 86 rl50 p!28 pl32 pl37 pl29 Metal fabricating (including ordnance). .•.•....do.... do.... do,... i'iSCseinery,«.«,**»*e•»*** = *'*» s;- =-5 -••-? = ** = do.... !35 136 150 136 160 129 147 200 136 138 151 138 162 130 151 202 143 145 160 148 170 136 164 205 143 144 158 148 168 134 r!62 201 rl4i r!42 157 rl45 167 rl32 162 r!98 p!42 pl44 p!59 p!47 pl70 pl33 pl69 pi 96 Instruments and related products.... ««#»»••«oo.... i Furniture and fixtures do..,. 143 !I2 127 143 113 127 160 122 128 | 154 144 [ rl6l rl20 124 155 1 r!43 | 160 rl20 i2i rl56 1 141 pl64 p 121 p!20 pl56 p!43 .do.... Metal fabricating (including ordnance). a a e e . , . » Q O . . .'. do.... do.... Instruments and related products..... ........do.... do.,.. do.... ........do.... do.... do..., rj pl43 pl45 p!62 pl53 pl73 pi34 PI70 p204 138 140 154 142 165 130 154 209 145 ,1947-49=100.. do.... Revised, ID/ Preliminary. 1 143 I | 136 | 146 136 1 pl22 pl56 pl42 p85 p!50 MONTHLY BUSINESS STATISTICS — Continued 3 1955 1956 ITEM March February January April March GENERAL BUSINESS INDICATORS - Continued Industrial production (FRB) - Continued Adjusted index - Continued Manufactures - Continued Nondurab Ie manufactures Printing and publishing • Petroleum and coal products Minerals. ••••••••••••• • Coa I '..... Crude oil and natural gas Consumer durables output (FRB): Unadjusted Index, total *«« Major consumer durables Autos Major household goods..... Other consumer durables 123 125 134 121 72 145 126 125 136 119 72 143 129 130 142 131 87 153 rl30 129 rl43 rl30 88 r 151 rl28 rl29 rl43 rl30 86 rl50 do... do.. • do... do... 155 179 215 151 99 156 180 223 145 99 144 159 rl72 i50 109 143 157 164 r!53 r 110 r!42 r!57 163 r!55 r!08 do... do. .. do... do.,. ...do... i42 !61 192 136 100 144 163 192 140 100 143 156 171 rl46 113 137 148 158 r!4l III 133 rl43 148 r!40 ri08 COMMODITY PRICES RetaiI price: All commodities (UoS.Dept. of Commerce Index)..i935-39=100. 207.5 207.9 207.6 r207 s 7 208.2 14,704 15,622 13,866 13,686 r!5,864 3,305 761 3,431 757 2,744 761 2,812 757 r3,395 r808 796 409 1,026 3,527 944 1,464 986 416 1,080 3,689 988 1,650 721 459 1,084 3,517 1,012 1,278 667 451 1,041 3,446 983 1,271 r 1,003 r479 r 1,114 r3,939 r1,078 r1,649 23,520 10,950 12,570 22,590 10,450 12,140 23,570 11,280 12,290 22,760 10,540 12,220 22,790 10,870 11,920 24,080 11,390 12,690 23,840 11,330 12,510 24,210 11,450 12,760 24,540 11,680 12,860 23,850 11,220 12,630 2,632 2,778 2,906 2,774 2,449 2,936 2,464 2,905 3,058 2,958 100 115 914 119 95 124 r93 r l 19 rMO r 128 9,700 3,270 6,430 11,620 5,940 5,680 9,140 3,220 5,920 11,570 6,000 5,570 9,360 3,120 6,240 12,480 6,280 6,200 r9,530 3,230 r6,300 12,570 6,470 6,100 10,240 3,540 6,700 12,640 6,680 5,960 63,654 60,477 5,692 54,785 3,176 64,647 61,685 6,215 55,470 2,962 65,775 62,891 5,635 57,256 2,885 65,490 62,576 5,469 57,107 2,914 65,913 63,078 5,678 57,400 2,834 48,212 16,201 739 2,255 3,966 10,408 2,150 5,571 6,922 48,643 16,255 739 2,399 3,939 10,549 2,161 5,674 6,927 49,615 16,842 747 2,267 4,089 10,833 2,214 5,603 7,020 r49,55l r16,823 748 r2,263 r4,088 r10,732 2,227 5,609 7,061 49,783 r16,769 r750 r2,329 r4,M2 r 10,835 r2,24l r5,640 r7,107 12,778 7,375 94 634 298 442 1,057 860 1,144 12,816 7,457 91 651 297 450 1,076 868 1,164 13,272 7,758 83 645 317 464 1,160 892 1,248 r13,224 r7,698 81 r646 r3|7 462 rl,!58 r879 r1,260 r13,157 r7,645 r8l r634 r3!4 r468 rl,158 r872 1,266 Adjusted index, total Major consumer durables Autos Major household goods.. Other consumer durables .1947-49== 100., ....•do... • do..., do... do..., do... ss*sdoe9. • •• .... DOMESTIC TRADE A11 retaiI stores: Estimated sales (unadjusted), total j./.........ml I. of dol. Durable-goods stores: AutomotIve group...<>»•..••.••o»e«...«*...•••••••..do.• • Furniture and appliance group ,,,,,« do... Nondurable-goods stores? AppareI group........ ........ ••••••••• .do..• Drug and proprietary stores..., ............do... Eating and drinking places..* ........ ..do... Food group s ••••••••••••••• ••»• . do.• • Gasoline service stations.. do... Generai-merehand1se group. „ do... Estimated Inventories: Unadjusted, tot a 1 . do. • • Durable-goods stores, » do.• • Nondurab le-goods stores . do... Adjusted, totaI ................ do... Durable-gcods stores do.„• Nondurab le-goods stores. •.......• do..• Firms with II or more stores, estimated sales: Unadjusted. do... Adjusted ,, do... Department store sales, United States total; Unadjusted index 1947-49= 100. Adjusted 1 ndex. • .do. •. Wholesale trade: Sales, estimated (unadjusted), total...........ml I. of dol. Durab le-goods estabI ishments.« .do.• • Nondurab le-goods estab I ishments. do. • • inventories, estimated (unadjusted), total....... do... Durab le-goods estab I i shments do. • • Nondurab le-goods estabS1 shments «.... • .do..• | j EMPLOYMENT AND WAGES Labor force (Bureau of the Census): Civilian labor force.............................thousands. Employed...... ••«•» •• t ...do... AgricuIturaI empIoyment do... Nonagr leu Itura I emp I oyment .do., • Unemp loyed do... Employees In nonagrIcultural establishments: Total, unadjusted (U. S. Dept. of Labor)..... do... Manuf actur ing • .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 I ndustr les 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 metaI products 2/. .do.• Machlnery (except e lectrleaI) s . -,, do.. £./ Revised, %/ P r e l i m i n a r y . •« J. J / April 1956 f i g u r e s are advance estimates SI i ifia i es. *» / r-~~~.~. £ / C/\V>0)/ reach!nery, and t r a n s p o r t a t i o n equipment. MONTHLY BUSINESS STATISTICS — Continued 4 1956 1955 STEM March Apr! S January February March April EMPLOYMENT AND WAGES - Continued Production workers In manufacturing Industries - Continued Durable-goods Industries - Continued 803 E lectr Ica I machI nery......•* . .,. •.•.. • • • •• .-• • • .thousands* f*447 TransportatIon equipotent*••••••••••••••••••*••••••.do*e. 219 Instruments and related products. ••••••••••••<••••• .do. •• 5,403 Nondurable-goods i n d u s t r i e s , 8 „ „ . «.»«« .do*,* 991 Food and kindred products* *•••«* •••••••do... 83 Tobacco manufactures* *• •••••••••••••••••?.'•••••••••.do*.. 985 Texti le-miIf products*••••••.•••••••••••••••••••••.do.•• I,-110 Apparel and other finished textile products**.•*•*.do.*. 439 Paper and allied products«,«««««e <>.««.».«<>.«.do,,« 804 1,462 218 5,359 1,011 80 983 1*057 44! 856 1,488 226 5,5!4 1,014 92 990 f*S23 456 r85l rl,43l 226 5*526 r 1,005 88 988 rl,150 454 r843 r1,399 r226 r5*5!2 r1,010 80 982 r»,l35 r456 p86S pl,38l p227 p5,443 pS,OI3 p78 p974 p1,079 p457 516 548 172 212 347 516 551 S73 211 337 530 559 169 233 348 r53S r56l r!69 228 r353 r535 570 rl7l r225 348 p538 p572 pl7l p225 p337 103*3 103.5 146*6 103.6 104*6 146*7 107*3 107*8 159*2 r-106,9 107*1 157*9 r106*4 r106*6 r158*3 p105*9 p106*8 p156*8 40*6 41.4 39.7 75*11 81.56 66.70 40*3 41.2 39*0 74*96 81.58 65.91 40*7 41*2 39.9 78*55 84*87 69*83 40.5 41*0 39.8 78. S7 84*05 69.65 r40*4 r4l.0 r39*6 r78*78 r84.46 r70*49 p40.2 p40*9 p39*l p78.39 p84.66 p69,60 1.85 1*97 2.03 1.62 1*59 1.81 1.86 1*98 2*03 1*66 1.60 1*82 1*93 2,06 2*12 1*66 1.65 1*90 1*93 2*05 2*12 1.67 1.65. 1*89 1*95 2.06 2*15 1*72 1.67 1.91 pS*95 p2.07 p2*I3 pS*74 pl.66 pl.93 2*16 1.95 2*05 1.86 2.21 1*88 2.17 1.95 2.06 8.86 2.20 1.88 2*33 2*02 2..I7 1,93 2*25 1.96 2.31 2*03 2.17 1*93 2*24 1.96 2.32 r2.03 2.17 rS.94 2*24 rl.97 p2.3.l p2.03 p2.18 pl.95 p2*26 p!*98 Nondurable-goods Industr ies,•••••••••••••«• • •.do. Food and kindred products,,, •**••.do. Tobacco manufactures . do. Texti le-ml 11 products.*,,.••• do. Apparel and other finished textile products..••••do. Paper and allied products*. do. 1.68 1.73 1.37 1.37 U34 1.80 1.69 1.74 1.39 1.37 1.32 1.81 1.75 1.84 1.40 1.42 1.38 1.89 1.75 1.82 1.39 1.42 1.38 1.87 1.78 1*85 1*47 rl.43 rl*43 rl*89 pi.78 pi.85 pl.48 pl.43 pi.41 pf*89 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. 2*34 1.94 2.30 2*04 1.39 2.33 1.97 2.34 2.07 1.40 2*37 2.05 2.42 2.16 1.45 2.38 2*05 2.46 2,14 1,45 2.40 r2.05 r2.52 r2*55 rl.49 p2.4l p2.06 p2.52 p2.i4 pl.50 Printing* publishing* and allied products e *****. e ..do 90 « Chemicals and allied products •••••••••••••••••db.*« Products of petroleum and coal ,.,•••••••****** do* e e Rubber products* ••••••••••,.•••.••••••• do*.» Leather and leather products,,•••••••••••••••••••••do,•• Manufacturing production-worker indexes: Employment: Unadjusted*.,,».,,,«.«« .«...!947-49=100* Adjusted* • do** Payrolls* unadjusted*. • do*. Hours and earnings; Average weekly hours per worker, ail manufacturing,*hours* DurabSe-goods Industries*•••••••••••••••••••••••••.do**. Nondurable-goods industries,••••••••••••••••••••••*do*.* Average weekly earnings* all manufacturing****8**adoS I ars* Durable-goods industries ....••.do... Nondurab le-goods I ndustr ies .., do* «,, Average hourly earnings* a! I manufacturing ••••do,* Durab le-goods i ndustr 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 J./..••••••••••••••••••• do*.. Machinery (except electrical)**.******••.,,,*...*do.** E lectr ica I mach I nery ,•••.,,,•••,•,,••*••••, .d@* * * TransportatIon equ 1 pment,•••••••,:••••••••••••••• .do..* Instruments and related products,.*. •••..•••do,.. rj Revised. &/ P r e l i m i n a r y * \J Except ordnance, machinery, and t r a n s p o r t a t i o n equipment* UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL B U S I N E S S FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300
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