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^Mjjjir o f
^ ^ INCOME
-, —
r^
November 16,
iPAYMENTS
=)
M
^
g|
n
j
SURVEY OF
CURRENT
BUSINESS
o7
1956
STATISTIC
*S5stcQ^
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
THOUSANDS
THOUSANDS
500
1,200
PASSENGER CAR A N D TRUCK
PII0OUOW
{United States plants)
1,000
800
250
200
h
150
600
400
100
h
Monthly^ left
200
|sAM_L_LJ_J_i_
scale § weekly, right
I
S953
19-54
I I
I I 1 I I
S955
BILLION DOLLARS
scale.
i i
I I I
BILLION
i i i
l i i
JFMAMJ
1956
J A S O N D
DOLLARS
20
NEW CONSTRUCTION ACTIVITY
SALES OF RETAIL STORES
(seasonally adjusted)
(seasonally adjusted)
15
Total
10
j—
Private
®-»«-®-®-®^®-®^®«jU^^®-®-®-©-*-®"*"
Residential
(nonfarm)
X
ft 1-t i i i i I i t i n
I i i i i i 1 i i i i i I
1953
1954
I i i i i i I n i i i I i i i i i
1955
0
1I I I 1I I I I i
1956
DOLLARS
180
2.2 0
S60
Goods*
I I 1n
1I I 1i u
1953
I N D E X ^ 1 9 4 7 - 4 9 = 100
MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)
Durable
M
1954
I i i n
i 1m i
1955
i 1i i I I t I i i n
i
1956
HOURS
52
MANUFACTURING HOURS & EARNINGS
2.00
48
Average Hourly
Gross Earnings
(left scale)
140
1.80
44
120
1.60
40
100
1.40
8 0
M i ' M I i i i i i I i i i i i I i i i i i 1 11 i i i I M i i i 1 i i i i i I i i I I i
1953
1954
1955
1956
1.20
Average
Hours Per Week
(right scale)
36
l.M M I I I I l I I 1 I I I I I I I I I M 1 i I I I I I I I I I I 1 I I I I I I I I I I i j
1953
1954
1955
1956
32
WEEKLY BUSINESS STATISTICS1
1955
ITEM
1956
Nov. 12
Nov. 5
Oct. 20
Oct. 27
Nov. 3
Nov. 10
Commodity prices, -wholesale:
1947-49=100..
do....
do....
do....
do....
do.,..
A 11 other
do....
88.4
128
875
792
*lll.6
*86.8
* 100.2
*II9.0;
**88.5
141
900
813
115.2
88.3
103.6
123.1
90.7
129
928
854
115.0
88.2
103. 1
123.0
90.1
128
934
861
114.9
87.9
102.6
123.0
90.6
124
114.9
87.7
102.6
123.0
**91.2
30,963
25,762
19,004
574
Finance:
Federal Reserve bank credit outstanding, total 3/ee.,do....
30,528
25,748
18,898
477
30,656
25,963
18,899
556
30,953
25,810
18,890
571
30,864
25,866
19,137
596
30,793
25,466
18,810
390
56,394
21,763
85,623
30,559
25,303
8,073
55,955
21,731
85,259
30,300
25,485
8,106
55,623
22,029
86,066
26,392
29,836
8,834
56,206
22,023
85,584
26,057
29,692
8,849
56,122
22,054
85,642
25,961
29,911
8,857
237
3,30
307.0
350.7
207
3.28
320.5
368.3
254
3.8!
337.9
394.6
267
3.83
336.0
392.4
271
3.83
333.1
388.9
1,699
10,853
193,561
6,777
1,674
10,878
209,141
6,808
1,757
11,333
110,208
6,997
1,740
11,391
125,967
6,998
1,755
11,487
136,420
6,981
2,400
#99.4
804
403
2,404
#99.6
797
396
2,495
101.4
829
40!
2,491
101.2
817
394
2,493
101.3
800
388
Federal Reserve reporting member banks in leading cities -A/
Time deposits, except U. S. Government.
Loans and investments (adjusted), total
do
Commercial, industrial, and agr. loans (gross)...do....
Bond yields, domestic corporate (Moody's)
Stock prices, 480 stocks (Standi Poor's) 4/,.1935-39=100..
do....
Industrials, 420 stocks..
Production:
;. of short tons.,
.mi !. of kw.-hr^.
Passenger cars and trucks (Ward's)
Stee 1 5/s
,..
thou;s. of short tons..
.thous. of cars..
.
do
219
3,87
343.9
402.3
153,597
2,463
100.1
U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. .4/ Wednesday data. j>/ Week beginning November 12,
1956: Production, 2,463 thous. short tons; operating rate, 100.4 percent. 6/ Data for 1956 adjusted to revised classification of class 1
railroads. * Monthly index for October 1955. ** Wednesday price. # Not comparable with 1956 rates which are based on higher capacity.
MONTHLY BUSINESS STATISTICS
1955
1956
ITEM
September
October
July
August
September
October
COMMODITY PRICES
Prices received and paid by farmers:
.1910-14-100..
235
229
224
285
174
217
212
225
129
427
229
222
208
278
167
220
189
227
127
443
244
258
286
274
194
216
225
250
387
453
237
236
230
263
197
218
210
249
203
451
236
234
178
275
196
222
233
234
161
455
234
232
203
270
178
225
232
249
141
453
do....
do....
do....
240
257
249
203
234
235
264
239
195
225
232
253
246
174
233
238
256
259
171
232
238
264
254
172
231
236
272
254
167
238
do....
do....
do....
259
272
246
261
274
246
266
282
248
267
281
250
266
279
252
265
279
250
do....
Par i ty rat io
••..••••do....
Retai1 price:
All commodities (U.S.Dept.of Commerce index). .1935-39=100..
279
84
280
82
287
85
288
82
287
82
287
82
208.9
208.7
213,6
r2!2.5
213.1
4, 148
2,879
1,561
1,410
119
714
213
303
4,037
2,810
1,509
1,360
1S6
721
219
306
r4,23l
r2,865
r1,445
r1,260
142
r787
r270
r300
r4.286
r2,873
r 1,431
r1,250
140
r788
r276
r293
r4,250
r2,833
r1,405
r 1,225
140
r788
r276
r288
do....
Potatoes 1/
do....
........do....
do....
do....
do....
.-
Woo 1
Prices paid:
All commodities, services, interest, taxes. and
CONSTRUCTION AND REAL ESTATE
do....
do....
.do....
........do....
do....
do....
do.... !
4,126
2,751
1,350
1,175
134
793
274
287
r_( Revised. J/ Includes sweet potatoes and dry edible beans. 2/ Revised back to January 1956; January-June revisions will appear in the
http://fraser.stlouisfed.org/
November
monthly
Federal Reserve
Bank1956
of St.
Louis Survey of Current Business. 3/ Except farm and public utility.
MONTHLY BUSINESS STATISTICS — Continued
3
1956
1955
ITEM
September
October
July
August
September
October
CONSTRUCTION AND REAL ESTATE - Continued
New construction (unadjusted)J/ - Continued
Private - Continued
159
433
1,269
374
136
533
132
437
1,227
350
136
524
159
462
r1,366
r380
rl35
575
161
481,
rl,4l3
r389
r!39
600
148
480
rl,4!7
r379
r!39
615
122
474
1,375
371
143
585
3,623
2,629
1,422
679
132
384
994
339
3,598
2,594
1,375
685
132
391
1,004
326
r3,726
r2,620
r1,302
r759
125
424
r1,106
r339
r3,7l4
r2,608
r1,289
r758
124
426
r1,106
r344
r3,693
r2,587
r1,277
r750
123
425
r1,106
r345
3,661
2,537
1,227
752
122
423
-49=100..
126.3
126.4
131.3
132.1
132.2
3/e9999ee.mi1. of dol,,
15,905
15,824
r15,527
16,335
r 1 5,730
16,321
...do....
...do.,..
3,367
822
2,964
909
3,066
846
3,110
900
r2,676
r860
2,806
r98l
r465
r1,240
r3,896
rl,l8l
r1,699
1,000
23,540
I0 P 030
13,510
23,430
10,260
13,170
of dol..
...do....
...do....
...do....
...do....
Pub lie, tota 1
New construction (seasonally adjusted), total
...do....
...do....
...do....
Nonresidential building, tota! 2/..*....***,**«. 5 e e d o S 8 9 S
...do....
...do....
1, 124
347
Construction cost index:
DOMESTIC TRADE
A! 1 retai1 stores:
Estimated sales (unadjusted), total
Durable-goods stores:
954
Nondurable-goods stores:
...do....
910
425
1,220
3,766
1,049
1,674
974
437
1,204
3,705
1,083
1,807
768
464
1,306
3,772
1,239
1,414
863
475
1,333
3,988
1,253
1,663
...do....
23,300
23,890
in T O O
23,540
!0,400
...do....
...do....
...do....
...do....
12*910
23,230
10,720
12,510
13,500
23,290
10,720
12,570
23,300
!0 650
I2',650
23,800
10,650
...do....
...do....
2,896
2,875
1947 -49=100..
...do....
...do....
...do....
...do....
485
1,240
3,851
1,201
1,823
Estimated inventories:
13,150
13', 140
r23,750
10,470
r13,280
2,949
2,820
2,770
3,019
3,052
r3,075
3,009
3,058
123
121
128
122
101
128
113
128
rl3l
r!29
10,730
3,640
7,090
12,180
6,000
6,180
10,500
3,590
6,910
12,600
6,060
6,540
10,060
3,500
6,560
12,630
6,590
6,040
rl1,120
3,780
r7,350
12,830
6,530
6,300
10,480
3,560
6,920
13,110
6,600
6,510
66,882
64,733
7,875
56,858
2,149
67,292
65,16!
7,905
57,256
2,13!
69,489
66,655
7,700
58,955
2,833
68,947
66,752
7,265
59,487
2,195
68,069
66,071
7,388
58,683
1,998
68,082
66,174
7,173
59,000
1,909
50,992
16,919
784
3,094
4,148
10,902
2,248
5,971
6,926
51,125
17,006
778 j
3,03!
4,12!
10,990
2,24!
5,915
7,043 |
50,896
16,291
746
3,270
4,148
11,015
2,342
6,137
6,947
r51,881
r 17,034
r8!7
r3,353
r4,178
r11,047
r2,355
6,137
r6,960
r52,183
r17,079
r8!6
r3,335
r4,l78
rl 1,138
r2,323
6,104
r7,210
p52,370
p!7,184
p8l2
p3,282
13,365
7,612
91
715
323
482
i,H8
912
1,162
845
1,324
227
5,753
1,255
118
13,440
7,721
89
705
327
48!
1,118
r922 |
1,206
880
1,344
230
5,719
S,20C
118
12,514
7,081
82
688
304
473
743
825
1,254
854
1,250
229
5,433
1,158
77
r13,245
r7,54l
r80
r700
r3l6
r482
rl,09l
864
r1,257
r878
1,235
233
r5,704
r 1,276
r!03
r13,299
r7,567
80
687
r322
r476
r1,120
r887
ri,26i
r892
r1,190
r236
r5,732
r1,292
p13,387
p7,70l
Firms with II or more stores, estimated sales:
Department store sales, United States total:
Unadjusted index
;......
Wholesale trade:
Sales, estimated (unadjusted), total.
....mil. of do 1..
Durable-goods estab1ishments
,..do....
Nondurable-goods estab1ishments.•••••••••...•••• ...do....
Nondurab1e-goods estab1ishments••••.•••••••••••• ...do....
pl29
pl23
EMPLOYMENT AND WAGES
tabor force (Bureau of the Census):
ousands..
...do....
...do....
...do....
Employees in nonagricuItura1 estab1ishments:
Total, unadjusted (U. S. Department of Labor)
••.do....
...do....
...do....
...do..,.
...do....
...do....
...do....
Production workers in manufacturing industries:
Tota 1
...do....
...do....
...do....
Lumber and wood products (except furniture)... ...do....
Furniture and fixtures.....
...do....
Machinery (except slectr teal).
...do....
...do..,.
...do....
rl 10
pi 1,259
p2,309
p6,039
p7,3l4
p8C
p678
p322
p48C
pi,128
p901
p 1,267
p905
pi,267
p239
p5,686
pi,227
p!08
rj Revised. &/ Preliminary. ±/ See note 2 for pa 2 9 2/ Fxcept farm and public utility. 3/ October 1956 figures are advance e?+imates.
MONTHLY BUSINESS STATISTICS — Continued
4
S956
1955
ITEM
September
EMPLOYMENT AND WAGES - Continued
Production workers in manufacturing industries - Continued
Nondurable-goods Industries - Continued
Texts le-mi SI products,, .................. ... .thousands
Apparel and other finished textile products. oe..-«,do..
Paper and allied productsS6 .... .. • •••••••. o,,. e ».do 99
Printing, publishing, and allied products........do..
Chemicals and allied products....................do..
Products of petroleum and coal....................do..
Rubber products. •••.••••••••••••••••••.••••••••••do,.
Leather and leather products.....................do..
Manufacturing productIon-worker indexess
Employment: Unadjusted. * s e s.. *.. B 6 „ e „ „,. s6s e e1947-49-100
Adjusted e . e as . „ . « « < > o <, s . * » ® o «> * s . ® „., 0 * <>e. ®do 0 .
Payrol Is, unadjusted. EOfflSffl<aQOOffia oi i . eaoe9 oo 90S ooo Q « es ..d© e .
Hours and earnings?
Average weekly hours per worker* all manufacturing..hours
Durab S e-goods Industr i es.,.. 0 .......... 0 .... 0 ...,.„do 0 .
Nondurab Se-goods Industr t es.......... 0 ..... c ..„....d© e .
Average weekly earofngs ? all manufacturing.....0, .dollars
Durable-goods Industrlesa* s » . s <,. 0 . « , * *..0 s s.... 6e ®. .do..
Nondurable-good's I ndustr ies0 eo . 00 .. .... • *e.ooos .. o e d o s s
Average hourly earnings, alt manufacturIng* oee .... • • e do e .
OurabIe-goods i ndustr ies........,. „.,..............do..
Nondurab Se-goods industr ies c . •.. •...••.»..•. 0 ...••«do e .
October
July
August
September
October
989
1,100
463
537
551
175
22 S
344
992
1,808
465
542
555
S73
224
342
922
1,020
461
544
544
170
208
330
r950
r1,082
r469
550
r549
r!78
r2ll
r338
r950
1,078
r47l
r554
553
ri77
r2!7
331
p954
p1,090
p47!
p559
p555
p'175
p218
p33.|
108o 1
106.2
I58s6
108,7
107.1
161.1
IOSo2
SO206
151,0
107.1
r106.0
r S6I.4
r!07o5
H05.5
rS65e3
p!08a2
p!06o7
p!67.7
40,9
4l e 5
40.1
77 s 7f
84.66
68.97
1.90
2.04
1.72
4S 9 f
4t s 7
40 e 3
78 Q 50
85.07
69.32
1.91
2 @ 04
f072
r40 o I
r40 s 7
r39 9 4
•r79.00
r84 6 25
r7! s 7!
I697
2.07
f e 82
r40e3
r40s8
r39s6
r79.79
r85e68
r7l.68
S e 98
2e|0
LSI
r40.7
r4i D 4
39 8 7
r8S o 40
r88 s 18
72.25
2.00
2.13
1,82
p40 o 6
p4ia4
p39,6
53,170
46,326
6,844
54,566
47,405
7,161
55,229
49,451
5 P 778
58,576
52,194
6 P 382
55,649
48^819
6,830
3,544
2,873
3,471
2,759
8,512
5,048
3,432
2,729
3,374
2,619
8,569
5,158
3,067
2,434
2,949
2,438
8,716
5,388
3,537
2,880
3,262
2*707
8,991
5,561
2,489
2,871
2,300
9,247
5,730
670
44 S
650
449
682
512
554
374
577
442
2,463
2,569
2,725
2,137
2,141
559,962
223
198
467,845
459,073
91,894
76,851
601,256
469
385
505,177
491,893
95,610
81,390
r522,0S8
307
220
440,980
429,813
r80,731
r63,044
503,276
429
397
417,020
410,164
275,555
368
364
203,888
202,159
71,299
56,852
p82e01
p8980t
p72 a 47
p2.02
p2 9 15
pi .83
ELECTRIC POWER
Electric power; production, total............mi I. of kw0-hr
Electric ut!S ities....•...••••••••••..••..........••.do..
Industrial establ ishments. s s 9 s s < p e e H . @ e . e t > a f f l o e e 9 s e e e e o do E 0
LIMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association):
Production^ total....«..« ee ........•••...•• mil. of bd.ft
SoftWOOdS® ,
.
.
e
.
8
s
e
s
e
e e .
e
e
„ „
Q
s
. ,
s
.
o . .
e
e
e
e
. e a . «, .
e e .
.
e
CfOe
.
Shipments, tota l...................,................. .do..
Softwoods..........................................do,.
Stocks, gross (mill and concentration yards).........do..
Softwoods..................... •••..••••...•••••.••.do..
METALS AND MANUFACTURES
Industrial trucks (electric), shipments:
Hand (motorIzed).•••••••••••••••••••••••••••••••••.number
Ri der type.
.do..
Industrial trucks and tractors (gasol lne-powered)# shipments
number
3,147
TRANSPORTATION EQUIPMENT
Motor vehicles, factory sales, total
Coaches, tota I
Domest ic
Passenger cars, tota!
Domestic
Trucks, total...
Domestic...
r./
3 *
Revised.
2,/ Pre\
.....number
. ........*...do..
do..
........do..
.-..
do..
do..
do,.
85,827
68,809
sminary.
j .SLA.
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
W A S H I N G T O N 25, D. C.
OFFICIAL BUSINESS
FIRST CLASS
WEEKLY SUPPLEMENT
SURVEY OF CURRENT BUSINESS
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300
@FedFRASER