View original document

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

November 15, 1957
SURVEY O F
CURRENT
BUSINESS

BUSINESS

STATISTICS

°^HB5o*

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, 1941-43 = 10

INDEX, 1941 - 4 3 = 10

70

70
Monthly

PRICES OF 425 INDUSTRIAL STOCKS

Weekly

(Wednesday close)

60

1956

60

\

50

50

\

1957

40

40

30

30
2 0

1 ^

I

I

I

I

I

i.

i

l

i

1

1 l

l

i

1954

l

I

I .1

I

I

I

I

I

I

t . i

I

1955

I

I

i.

I

I

t

i

1 t

>

I

1956

i

i

I

i

I

1

1 1

1957

l i t

» \—L-J—i i l—mJ 2 0

J F M A M J J A S O N D

BILLION DOLLARS
50

BILLION DOLLARS
20

SALES OF RETAIL STORES

CONSUMER CREDIT OUTSTANDING

(seasonally adjusted)

(short- and intermediate-term)

/
Nondurable Goods
Installment

Durable Goods

0 I M I I I I 1 I I I I I Ml i 1 I I i I I I 1 I I II I I n It I 1 l l l l t ! \ \ 1 1 \
1954
1955
1956
1957

10 U I U i I H M I
1954

INDEX, 1 9 4 7 - 4 9 = 100

DOLLARS

200

2.40

175

MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)

Credit

(end of month)
1 I I t i I i l i I 1 i i t t I I I i i iI

1955

I II I 1 1 I I I I I

1956

1957
HOURS

56
MANUFACTURING HOURS & EARNINGS

2.20

Payrolls

150

2.00

125

1.80

800

1.60

52
Average Hourly
Gross Earnings .
(left scale)

>^

Average Hours Per Week
7 5 I i i i -i i I i i i i i 1 i i t i i h i I i i 1 i I i i i I i 'u 11 I 111 i i I i i i i i
1954
1955
1956
1957




I..40

(right scale)
j
. l-1 t i "I i I M I I i » M i I i i l' i i-I i i i i" i i i i" i i i

1954

1955

1956

i i i -i » I i -i i i

1957

^

36

WEEKLY BUSINESS STATISTICS1

2

1956
ITEM

Nov. 3

1957
Oct. 19

Nov. 10

Oct. 26

Nov. 2

Nov. 9

Commodity prices, wholesale:

... * •.....
90.6
124
952
878

•115.6
*88.4
*I03.6
* 123.6 |
**91.2
137
1,005
923

117.7
91.7
805.2
125.7
84.6
128
1,291
1,191

117.7
91.7
105.0
125.6
84.5
127
1,337
1,235

117.5
90.9
105.1
125,6
84.4
122

117.5
90.7
104.9
125.6
**84.4

Finance:
Federal Reserve bank credit outstanding, total .3/.....do....

30,795
25,466
18,810
359

30,963
25,762
19,004
561

31,19!
25,451
19,068
479

31,129
25,407
19,137
552

31,008
24,972
18,837
351

56,069
22,053
85,660
25,961
29,931
8,857

55,588
21,9^9
85,602
25,752
30,121
8,857

54,774
23,975
87,292
25,346
32,103
8,759

55,383
23,972
86,539
25,270
31,807
8J69

55,805
23,974
86,743
25,191
31,773
8,758

271
3.86
45.58
48.74

219
3.87
47.11
50.49

258
4.45
41.33
44.47

28!
4.47
40.73
43.93

250
4.48
41.02
44.2!

1,758
11,487
136,420
6,981

1,700
11,522
153,277
7,050

1,638
11,684
93,244
6,747

1,647
11,787
126,530
6,766

1,628
11,860
147,365
6,712

2,493
#101,3
800
388

2,463
#10!.5
773
377

2,070
80.9
727
356

2,052
80.2
704
347

2,04!
79.7
714
353

31, 1 14
25,225
18,963
423

Federal Reserve reporting member banks in leading cities: 4_/

Commercial, industrial, and agr. loans (gross).,..do....
Failures, industrial and commercial,....„

,9.,.snumberee

Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=10..

4.51
40.43
43.56

Production:

Passenger cars and trucks (Ward's)

........number..

161,285
1,996
78.0

J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. J3/ Week beginning November II,
1957: Production, 1,984 thous. short tons; operating rate, 77.5 percent. * Monthly index for October 1956. •* Wednesday price. # Not
comparable with 1957 rates, which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1956
ITEM

September

1957
October

July

August

September

October

COMMODITY PRICES
Reta i1 pr i ce:
All commodities (U.S. Dept. of Commerce index).1935-39=100..
DOMESTIC TRADE

213.1

213.4

217.5

217.9

217.5

.mil. of dol..

15,583

16,130

16,864

17,490

r16,373

16,805

do....
do....

2,676
860

2,830
956

3,418
863

3,352
912

r3,078
r853

2,930

do..,.
do....

981
465
1,240
3,748
1,181
1,699
15,865
5,356
10,508

1,034
480
1,227
3,729
1,180
1,808
15,896
5,490
10,406

855
513
1,384
4,029
1,383
1,540
17,034
5,839
11,195

967
r528
1,420
4,353
5,374
1,774
17,030
5,740
11,290

rl,0l0
r5!5
rl,29l
r3,937
r1,262
r1,696
r16,919
r5,722
rl 1,197

1,081
573
1,265
4 109
1 262
1,849
16,561
5 622
J0,939

23,530
10,030
13,500
23,430
10,260
33,170

24,000
9,920
14,080
23,320
10,090
13,230

23,660
10,880
12,780
24,140
10,850
13,290

24,040
r10,970
r13,070
24,250
rl1,040
r!3,2!0

24,560
10,970
13,590
24,450
11,240
13,210

«...«.'.» OO ....

3,284
3,385

3,402
3,295

3,267
3,582

3,660
3,63S

3,352
3,569

.bil. of dol..

11.2
4.3
6.9
12.6
6.3
6.3

12.8
4.9
8.0
13.0
6.4
6.6

11.4
4.3
7.1
12.5
6.6
5.9

rll.7
4.3
r7.4
12.7
6.6
6.1

11.2
4.2
7.0
12.8
6.7
6.1

All retail stores: ±/
Durable-goods stores:

926

Nondurab!e-goods stores:

do....
do....
Estimated sales (seasonally adjusted), total.. . ..«.«.. QO«...
do....

|
|

Estimated inventories:
........do....

do....
Firms with 11 or more stores, estimated sales:
Wholesale trade:

Nondurable-goods estab1i shments.•••••.,•••••»«•«••..do....
Inventories, estimated (unadjusted), total....

rj

Revised.

1/ Data for October 1957 are advance estimates.


12636


•••••

MONTHLY BUSINESS STATISTICS—Continued

3

1956
ITEM

September

1957
August

July

October

September

October

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census): 1/

Employees in nonagricultural establishments:
Total, unadjusted (U. S. Department of Labor)

do....

Finance, insurance, and real estate,•«•••••••••••...do..,.

68,069
66,071
7,388
58,683
1,998

68,082 1
66,174
7,173
59,000
1,909

70,228
67,221
7,772
59,449
3,007

68,994
66,385
6,823
59,562
2,609

68,225
65,674
6,518
59,156
2,552

68,513
66,005
6,837
59,168
2,508

52,663
17,119

52,952
17,238

52,605
16,710

r53,132
r16,884
r855
r3,287
r4,206
rl1,617
r2,360
r6,540
r7,383

p53,078
p16,767
p848
p3,205
p4,157
pi 1,729
P2,35l
p6,550
p7,47l

r 12,976
r7,384

p 12,907
p7,402

842

836

857

3,342
4,191
11,319
2,325
6,322
7,203

3,296
4,189
11,445
2,315
6,343
7,290

3,275
4,199
11,493
2,390
6,524
7,157

r52,891
r16,955
r862
r3,305
r4,2l5
r11,499
2,389
r6,509
r7,l57

13,345
7,616

13,465
7,788

12,788
7,432

r13,024
r7,476

82
700
324
469

82
684
325
476

74
645
309
443

1

Production workers in manufacturing industries:

Lumber and wood products (except furniture).*

8

Apparel and other finished textile products.
Printing, publishing, and allied products

r73

p70

r630
r46l
r1,067
r876
r1,185
r88l
r 1,262
r226

p6l8
p3l8
p454
pi,055
p882
pi,160
p878
Pi,337
p224

r5,592
rl,2l2

p5,505
pi,144

886

908

848

1,236

1,354

1,373

233

234

221

do..e9

5,729
1,282

5,677
1,209

5,356
1,120

r5,548
r1,194

106
956

!04
958

71
895

.do....

1,085

1,096

1,024

472
557
548
177
210
337

470
563
550
176
215
336

459
552
529
175
200
332

107,9
106.0
166,7

108.9
107.3
169.0

4.1
4.4
,3
1 4

4.2
3.5
.3
1.3

2.6
.2

1.7
.2

40.7
41.3
39.8
81.81
88.38
72.44

40,7
41,4
39,7
82.21
89.01
72.65

2.01
2.14
2.23
1.81
1.72
1.98
2.43
2.11
2.25
2.01
2.36
2.05

2.02
2.15
2.25
1.79
1.73
1.99
2.42
2.13
2.25
2.02
2.37
2.05

1.82
1.81
1,38
1.45
1.48
1.9/
2.46
2.14
2.59
2.20
1.51

1.83
1.84
1.39
1,49
1.49
i.98
2.45
2,14
2.57
2.20
1.5.1

1,128

Nondurable-goods industries e909S99999

75
r645
r3l7
r459
r1,077
r878
r1,180
r86l
r1,363
r225

do....

do....

1,134 -

1,075

885

910

869

1,254

1,255

1,207

319

r90

r97

P92

r9ll
1,084
r465
r553
r530
rl75

r9!2
r1,083
r468
r564
r536

204
341

r206
r337

p905
p1,070
p47l
p57l
p537
pl73
p207
p335

103.4
104.9
160.5

r105.3
r104.4
M64.7

r104.9
r103.2
r!64.9

pl04.3
pi02.9
PI6I.9

3.2
3.1

r3.2
r4.0
.3
1.6
rl.9

p3.2
p4.2
P.3
pl.6
P2.l

176

Manufacturing production-worker indexes:

Labor turnover in manufacturing establishments:

Hours and earnings:
Average weekly hours per worker, all manufacturing...hours..

Lumber and wood products (except furniture)..

do....

Textile-mi11 products*•••«•••...».»»••.•••*««..««.do.,.e
Apparel and other finished textile products
.do....
J
Printing, publishing, and allied industries

.do....

•2
1.3

1.4
.2

r.3

P.2

39.7
40.0
39.4
82.18
88.00
r74.47

40.0
40.3
39.5
82.80
r89.06
74.26

40.0
40.3
r39.6
83.20
r89.47
r75.24

!
!

2,07
2.20
2.34
1.82
1.74
2.05
r2.53

I

r2,19

1
[

2.30
2.05
2.41
2.11

2.07
r2.2l
2.34
1.84
rl.76
2.06
r2.54
r2.20
2.30
r2.06
r2.43
2.10

2.08
r2.22
r2.37
r 1.83
1.76
2.07
r2.56
r2«22
r2.32
r2.07
r2.46
r2.13

p2.08
p2.22
p2.37
pl.82
pi.76
p2.08
p2.54
P2.2I
p2.3l
p2.07
p2.46
p2.l3

i
!
t
!

rl.89
rl.9l
1.61
U50
1.50
2.06
2.51
2.25
2.69
r2.28
1.53

1.88
f 1.90
1.49
1,50
1.50

rl.90
1.92
rl,46
rl.5l
rl.5t
^«uo
2.52
r2.25
2.73
r2.28
1.55

pi.90
pl.93
pl.49
pi.51
pl.49
p2.0/
p2.5l
p2.24
p2.69
p2.29
pi.55

Z..UO

2.51
2.25
r2.69
r2.27
1.54

p39.5
p39.8
p39. 1
P82.I6
P88.36
p74.29

cj Revised. £./ Preliminary. \J Estimates beginning January 1957 reflect certain changes made in the definitions for employment and unemployment, etc. Figures for October 1957, comparable with data through October 1956, in order as above (thous.)r 68,517; 66,240; 6,838;


59,402; 2,277. 2/ Except ordnance, machinery, and transportation equipment,
http://fraser.stlouisfed.org/
12636
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued

4

S957

S956
ITEM

August

September

June

July

August

September

ELECTRIC POWER
58,576
52,194
6,382

55,649
48,819
6,830

58,990
52,053
6,937

61,191
54,348
6,843

62,649
55,449
7,200

58,335
51,573
6,762

1,882.7
1,026.0
55.2
801.5
150.3

1,831.7
931.1
51.0
849.6
154.2

1,721.3
904.7
46.7
770.0
154.2

1,850.9
1,019.8
53.4
777.7
146.0

1,827.5
1,010.4
49.7
767.4
137.9

1,858.1
960.7
49.7
847.8
151.8

3,562
2,943
3,284
2,761
9,004
5,580

3,159
2,540
2,901
2,363
9,257
5,752

2,884
2,421
2,967
2,491
9,782
6,056

2,728
2,258
2,813
2,384
9,696
5,929

3,107
2,562
3,147
2,623
9,655
5,867

2,883
2,354
2,866
2,341
9,672
5,880

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

5,540
1/291
1/472
T/631
T/152
1/T,052

7,058
367
543
747
211
1,124

7,285
491
630
870
226
1,046

5,877
273
634
792
192
752

6,230
272
636
732
174
862

6,172
261
597
778

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

1/645
T/238
1/152

756
234
125

689
233
116

489
172
84

569
188
97

545
182
101

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

1/857
T/339
T/544
1/2,492
~ .1/709
1/T, 100

831
342
539
2,353
705
1,046

998
388
391
2,244
716
984

859
218
460
S,698
531
791

914
250
494
1,895
550
900

860
250

sq. ft.fc
...do....

2,996
5,977

3,089
5,277

2,230
5,163

1,769
4,745

2,123
4,896

.number..
...do....

85,278
64,527

97,746
51,778

54,445
73,228

51,299
64,102

65,606
61,761

.number..
...do....
...do....
...do....
...do....
...do....

503,276
429
397
417,020
410,164
85,827
68,809

275,555
368
364
203,888
202,159
71,299
56,852

591,039
389
332
496,329
484,840
94,321
76,859

579,951
309
302
484,718
474,635
94,924
76,856

610,747
315
281
521,282
513,290
89,150
74,212

Electric power, production, tota!<BS.se9eeoe...ml I. of kwe-hr.9
fe, 1 e C T r 1 C U T i 9 1T i e S . . . . . . . . . . . . . . . . . ® . . . $ .s e ® . . . . .
.
».
c edOe
e. e
1 ndustr sal' estab 1 i shments.. ••••••••••••••••••••••••
3 eedO® ooo

FOODSTUFFS
. of lb..
...do....
B..do...«
LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association);
bd. ft..
...do....
...do....
Stocks, gross (mill and concentration yards), total •...do....
...do....
METALS AND MANUFACTURES
Stee S products, net sh i pments:

90
836

Bars?

Sheets and strip (Incl. electrical), total....... ...do....
...do....

417
2,011
579

979

Radiators and convectors, cast iron:

Oi 8 burners:

TRANSPORTATION EQUIPMENT
380,609

243
187
318,279
315,008
62,087
51,016

1 / Data are for July and August.
USC0MM-DC-12636

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CUSS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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