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November 18, 1955 STATISTICS BUSINESS 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 THOUSANDS THOUSANDS 1,000 250 PASSENGER CAR AND TRUCK PRODUCTION (United States plants) - 800 \ In. Vl 600 400 1954 200 Monthly, left scale; weekly, right scale i i i i I I I , , , , , 1, , i , , I , , 1954 1953 i 1952 INDEX, 1 9 4 7 - 4 9 = 100 130 , | . i . i l 150 - 100 - 50 w_ / i 200 l JFMAMJJASOND 1955 BILLION DOLLARS 40 WHOLESALE PRICES CONSUMER CREDIT OUTSTANDING (short- and intermediate-term) 120 Commodities other than Farm Products and Foods « Total 30 — (end of month) N NO !00 * oooo^o 0 0 0 0 0 ^ 20 r Farm Products 80 i i i i I i i i i i I i 11 i i I i 11 i i 1952 I I I ! I I I i i i i i I 1953 1954 140 120 --J\ t (end of month) 10 £i 111111111 i i > i i 1 i i i i iM M 1955 INDEX, 1947-49 = 100 180 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 160 Installment Credit 1952 1 1 1 1 1 1 11111111111 1 1954 1953 1955 DOLLARS 2.20 HOURS 56 MANUFACTURING HOURS & EARNINGS 2.00 52 Average Hourly Gross Earnings Payrolls (left scale) 48 1.80 Average Hours Per Week 1.60 44 (right scale) 1.40 100 40 Employment 80 11 i I i 1 1 i 11 i i i i i I i 1952 1953 1954 • M i l l . ; 1955 1.20 j<uu i n I i n I I 1952 i i i i I I t i ii 1953 i t i i i i I M i i i 1954 i i 11 I I i 1955 36 WEEKLY BUSINESS STATISTICS1 1955 1954 ITEM Nov. 13 Nov. 6 Commodity prices, w h o l e s a l e : Al1 commodities .... 1947-49-100.. do.... do.... ....do. # ...........do.... ...........do.... thous.. do . A11 other 22 commodities 2 / Insured unemployment, total 3/ State programs Finance: mil. of dol. Currency in circulation 4 / Federal Reserve bank credit outstanding, total .4/....do.... Member bank reserve balances 4 / d<"» ...do.... Excess reserves, estimated 4 / . . . Federal Reserve reporting member banks In leading cities:^/ mi 1. of dol. do... Time deposits, except Government do.... Loans and investments ( a d j u s t e d ) , t o t a l . „ do.... U. S. Government obligations Commercial, industrial, and a g r . loans (gross)...do.... , do... Real-estate loans (gross) # number.. Failures, industrial and commercial ## percent.. Bond yields, domestic corporate (Moody*s) 4/ f Stock prices,480 stocks (Standard and Poor" s).1935-39=100.. do.... Industrials, 4 2 0 stocks Production: Bituminous coal 4 / thous . of short tons.. Electric power, by utilities .mi 1. of kw.-hr.. Passenger cars and trucks (Ward's) Petroleum (crude) and condensate j4/ ..thous. of bbl.. r Stee 1 6/ Percent of capacity 6/ reight car loadings, total Mi see 1laneous thous . of short tons.. .thous. of cars.. do.... Oct. 22 Nov. 5 Oct. 29 1 1 1.3 85.6 99.2 1 19.1 88.5 128 90.4 127 1,557 1,390 •110.0 *93.2 *IU3.8 •114-8 91.6 130 1,664 1,490 89.5 133 861 781 88.3 126 861 781 30,153 25,436 18,810 577 30 260 25,701 19,364 1, 120 30,547 26,169 19,119 638 30,500 25,747 18,891 463 30,577 25,748 18,898 497 55,472 21,385 84 932 37,358 21,104 6,997 55,573 21 361 84,424 37,377 21,133 7,026 56,293 21,676 85,542 30,941 25,082 8,040 57,066 21,700 85,571 30,922 25,124 8,049 56,394 21,673 85,623 30,559 25,303 8,073 204 3.13 244.9 273.3 227 3. 13 250.7 280.0 239 3.30 305.5 349.4 230 3.30 307.0 351.0 237 3.30 307.0 350.7 1,433 9,357 113,053 6, 191 1,528 9, 197 138,233 6,220 1,627 10,644 163,822 6,753 1,665 10,659 182,581 6,750 1,683 10,853 193,561 6,777 1,822 #76.4 696 349 1,874 #78.6 709 355 2,386 98.9 834 418 2,413 100.0 835 417 2,400 99.4 809 404 Nov. 12 1 11.2 85.2 99.0 1 19.1 88.4 30,774 25,963 18,899 566 207 3.28 320.5 368.3 208,803 2,404 99.6 ±/ Data do not always cover calendar weeks. 2 / Wednesday prices. 3/ Includes UCFE program beginning January 8, 1955. ±/ Daily average. J5/ Wednesday data. j6/ Week ended November 19: Production, 2,384 thous. short tons; operating rate, 98.8 percent. * Monthly index for November 1954. # Not comparable with 1955 rates which are based on higher capacity as reported January I, 1955. MONTHLY BUSINESS STATISTICS 1954 1955 ITEM September October July September August October GENERAL BUSINESS INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, total mil. of dol. Farm marketings and CCC loans, total do... Crops ••••• .do... Livestock and products, total do... Dairy products. do... Meat animals do... Poultry and eggs do... Indexes of cash receipts from marketings and CCC loans: U AI I commodities 1935-39*100. Crops do... Livestock end products do.,. Indexes of volume of farm marketings: \_l A11 commodities do... Crops do... L i vestock and products do... 3,213 3,201 1,803 1,398 326 801 256 3,586 3,577 2,082 1,495 334 867 279 ,071 ,061 868 ,193 371 543 259 2,436 2,426 1,095 1,331 r354 685 r279 3,067 3,054 1,678 1,376 337 707 318 483 637 368 540 736 394 311 307 314 366 387 350 461 593 362 204 240 177 226 270 193 143 127 156 165 157 171 203 240 175 208.2 I 10.0 93.6 99.8 93.6 80.7 207.6 109.7 93.1 101.9 92.9 77.5 208.6 110.5 89.5 98.7 86.7 79.4 208.1 110.9 88.1 99.5 78.6 75.5 208.8 r l I 1.7 89.3 102.1 81.4 75.5 11 1.5 86.7 92.9 82.4 71.8 105.5 113.8 106.6 105.0 92.0 114.4 106.8 117.4 106.9 109.4 103.7 114.5 108.7 105.5 85.8 114.5 106.9 117.6 106.9 109.3 103.1 117.6 106.0 104.6 88.5 116.5 106.0 118.2 106.4 II 1.6 101.9 115.1 107.8 105.0 86.3 117.5 105.9 I 18. I 107.2 I 13.0 rl0l.5 I 14.4 104.3 r106.8 87.5 MI8.5 r106.0 rll8.2 r108.0 I 14.0 100.2 114.8 105.0 107.4 81.7 119.0 106.5 118.9 108.2 I 14.2 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 Cereal and bakery products Dairy products and ice cream Fruits and vegetables, canned and frozen Meats, poultry, and fish Commodities other than farm products and foods Chemicals and allied products Chemicals, industrial Fuel, power, and light ing mater ia Is Petroleum and products • £ / Revised. ±/ Unadjusted. do... do... ..do... do... do... do... do... do... do... do... MONTHLY BUSINESS STATISTICS—Continued 1954 1955 ITEM September October August July September October COMMODITY PRICES - Continued Wholesale price index - Continued Commodities otner m a n farm products and foods - continued Furniture, other household durables 1947-49=100. App 1 iances, household do... Hides, skins, and leather products do... Lumber and wood products do... Lumber do... Machinery and motive products do... Electrical machinery and equipment do... Motor vehicles do... Metals and metal products I ron and stee I Nonmetal lie minerals, structural Pulp, paper, and allied products Paper Rubber and products Textile products and apparel Appare I Tobacco manufactures and bottled beverages Mi see I laneous 115.3 109.4 93.0 119.3 I 19.0 124.4 125.6 I 18.9 I 15.6 109.5 92.4 I 19.8 I 19.5 124.3 125.2 I 18.6 I 15.5 106.5 93.7 124.1 125.1 127.5 126.7 122.0 116.0 106.6 93.8 125. I 126.4 128.5 127.7 122.0 116.4 106.2 94.0 rl25.7 127.1 M30.0 M30.6 122.0 116.9 106.1 95.3 125.5 126.9 131.3 130.8 124.5 129.1 134. I 121.7 116.3 126.5 126.9 95.3 98.6 121.5 99.1 129.7 135.0 121.9 116.3 126.5 128.5 95.4 98.6 121.5 96.7 136.7 143. I 125.3 119.0 130.7 143.4 95.3 98.6 121.6 90.8 139.5 144.9 126.1 119.7 130.5 148.7 95.3 98.6 121.7 89.8 M4I.9 r145.0 r126.4 r120.5 131.0 M5I.7 r95.4 r98.6 121.7 90.3 142.3 145.6 126.8 122.8 131.2 147.9 95.5 98.7 121.7 91.6 14,139 14,665 15,398 15,622 r15,905 15,793 2,536 740 2,491 812 3,271 825 3,435 854 r3,367 r822 3,040 885 847 392 1,156 3,475 975 1,543 22,420 10,230 12,190 91 I 406 I, 139 3,661 1,017 1,686 22,000 9,980 12,020 756 434 1,274 3,761 1,117 1,412 23,370 10,840 12,530 740 432 1,282 3,617 1,108 1,962 r23,350 r 10,850 r12,500 r9IO r425 r1,220 r3,766 rl,049 rl,674 23,230 10,720 12,510 959 447 1,204 3,731 1,088 1,826 2,598 2,654 2,802 2,607 2,729 2,809 2,713 2,836 2,896 2,875 113 118 112 98 124 105 r 118 pl23 pl2l 9,630 3,090 6,540 11,750 5,640 6,110 9,470 3,100 6,370 I 1,940 5,640 6,300 9,660 3,190 6,470 11,660 5,950 5,710 10,540 3,570 6,970 rII,870 5,970 r5,900 10,760 3,640 7,120 12,150 6,000 6,150 thousands. do... do... do... do... do... ....do... do... do... 48,490 15,972 744 2,698 4,023 10,447 2,141 5,719 6,746 48,580 16,007 743 2,652 4,005 10,548 2,136 5,660 6,829 49,420 16,475 749 2,701 4,113 10,633 2,237 5,816 6,696 r49,858 r16,907 r754 r2,746 r4,l37 r10,638 r2,24l r5,8l8 6,717 r50,309 rl6,9l6 r758 do... do... do... do... ' do... do... do... 12,577 6,965 102 672 298 437 965 12,612 7,081 100 692 301 438 969 12,951 7,499 89 720 298 460 1,098 r13,262 r7,553 88 r73l r3l3 r472 rl,M2 r13,378 7,623 r86 r723 r3l9 r480 pl3,38l p7,694 p83 p720 p32l rl,l56 PU38 821 1,097 785 1,183 218 386 829 1,093 800 1,249 218 393 863 1,160 802 1,420 219 372 r877 rl,l55 r8l8 rl,379 220 388 894 rl,l47 •900 PU76 p883 pl.365 p224 5,612 1,268 110 978 1,059 445 518 5,531 1,180 112 979 1,057 444 520 5,452 1,150 79 954 1,025 448 518 r5,709 r1,250 rl05 r986 1,101 r459 r520 do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... DOMESTIC TRADE A I I retai I stores: Estimated sales (unadjusted), total U mil. of do I. Durable-goods stores: Automot i ve 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... Gasoline service stations do... Genera I-merchandise group do... Estimated inventories (adjusted), total do... Durab le-goods 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 l947-49«100. Adjusted I ndex do... Wholesale trade: Sales, estimated (unadjusted), total mil. of do I. Durable-goods estab I ishments do... Nondurab Ie-goods estab I i shments do... Inventories, estimated (unadjusted), total do... Ourab le-goods estab) Ishments • do... Nondurab I e-goods estab 11 shments do... EMPLOYMENT AND WAGES Employees in nonagricultural establishments: Total, unadjusted (U. S. Dept. of Labor) Manufactur i ng Mining Contract construct ion Transportation and public utilities Wholesale and retail trade Finance, insurance, and real estate Service and miscellaneous • Government Production workers in manufacturing industries: TotaU Durab le-goods i ndustr 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) E Iectr ica I mach i nery Transportat i on equ i pment Instruments and related products. Miscellaneous manufacturing industries ..do.... do.... do.... do... • do.... ....do.... Nondurab le-goods i ndustr ies Food and kindred products Tobacco manufactures Texti le-ml 11 products Apparel and other finished textile products Paper and allied products Printing, publishing, and allied products £ / Revised. £ / Preliminary. p o r t a t i o n equipment. ±/ Estimated. do.... do.... do.... do.... do.... do.... do.... \J October 1955 figures are advance estimates. r2,745 r4,151 HO,8I3 r2,224 r5,79l r6,9ll r858 r1,357 r222 r400 r5,755 r 1,246 rM4 r990 rl,H7 r462 r53» • 128 • 122 p50,393 p16,929 •754 P2,69l P4,ll» P l0,9l9 P2,2I5 p5,725 p7,042 P5,««7 PU67 pi 13 ,994 PI,M7 p463 P334 2/ Except ordnance, machinery, and trans- MONTHLY BUSINESS STATISTICS — Continued 1954 1955 ITEM September EMPLOYMENT AND WAGES - Continued Production workers in manufacturing industries - Continued Nondurable-goods industries - Continued Chemicals and allied products thousands. Products of petroleum and coal do... Rubber products do... Leather and leather products do... Manufacturing production-worker indexes: Emp loymont: Unadjusted 1947-49= 100. Adjusted do... P o y r o M s , unadjusted do... Hours and earnings: Average weekly hours per worker, all manufacturing...hours. Durob le-goods i ndustr ies do... Nondurable-goods industries do... Average weekly earnings, a! I manufacturing dollars. Durable-goods industries ..do... Nondurab le-goods industries do... Average hourly earnings, all manufacturing Durab le-goods industries Ordnance and accessor ies Lumber and wood products (except furniture) Furniture and fixtures Stone, clay, and glass products Primary metal industries Fabricated metal products \J Machinery (except electrical) E I ectr i ca I mach i ner y Transportation equ ipment I nstruments and re Iated products Miscellaneous manufacturing industries do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... do.... Nondurab le-goods industries Food and kindred products Tobacco manufactures Texti le-mi I I products Apparel and other finished textile products Paper and allied products Printing, publishing, and allied industries Chemicals and allied products. Products of petroleum and coal... Rubber products Leather and leather .products. do. do. do. do. do. do. do. do. do. do. do. October July September August October r543 rl76 r2l7 351 r554 rl74 r223 r346 p556 P I73 p225 P 345 r107.2 r106.2 rl54.6 r108.2 r106.4 M58.8 ?108.2 p106.8 p160.8 40.6 41. I 39.9 r40.9 r4l.5 r40.2 r77.7l r84,25 r69.14 P4I.2 P4I.6 p40.5 p78.69 p84.86 p69.66 1.90 2.03 r2.08 rl.74 1.67 pi.91 p2.04 p2. 10 pi.74 pi.64 pi.89 p2.30 p2.02 p2. 12 pi.90 p2.28 pi.94 pi.68 .70 .73 .28 .37 .35 .85 2.35 2.01 2.38 2.10 1.40 rl.72 rl.75 rl.25 1.40 rl.35 1.86 2.37 r2.03 2.42 r2.IO 1.41 pl.72 pi.77 pi.25 pi.41 pl.35 pi.86 p2.37 p2.02 p2.4l p2.IO pi.43 32,896 25,476 33,636 26,155 34,293 26,699 2,454 2,437 3,131 2,569 3,436 2,757 3,241 2,697 2,461 2,424 3,122 2,602 3,200 2,714 3,279 2,691 529 177 196 331 534 175 202 330 101.7 99.8 138.0 102.0 100.6 139.1 39.7 40.1 39.3 71.86 77.39 65.24 39.9 40.4 39.2 72.22 77.97 65.07 40.4 40.9 39.7 76.36 r82.62 67.89 1.81 1.93 2.01 1.66 1.58 1.79 2.14 1.91 2.03 1.82 2.16 1.85 1.61 1.81 1.93 2.01 1.68 1.58 1.78 2.13 1.92 2.03 1.84 2.16 1.85 1.61 1.89 r2.02 2.05 1.72 1.60 1.87 2.28 1.99 2.08 1.88 2.23 1.90 1.65 1.88 2.01 2.04 1.75 1.63 1.86 2.27 2.00 2.08 1.88 2.24 .91 .65 1.66 1.65 1.24 1.36 1.36 1.77 2.29 1.93 2.32 1.97 1.38 1.66 1.67 1.24 1.37 1.34 1.78 2.29 1.91 2.28 2.01 1.39 1.71 1.72 1.41 1.37 K.33 1.84 2.35 2.02 2.41 2.09 1.3.9 28,856 21,935 28,975 21,952 2,441 2,407 2,474 2,404 542 177 216 342 104.7 106. I 151.0 76.33 82.61 67.83 1.63 rl.88 r2.33 r2.00 r2.l I 1.89 2.26 rl.93 FINANCE Consumer credit (short- and intermediate-term): Total outstanding, end of month I nsta I Iment credit, totaI Installment credit extended and repaid: Unadjusted: Extended, total Repaid, tota I Adjusted: rj Revised. mil. of do I. do... Extended, total.. Repaid, total j>/ Preliminary. do. do. \J Except ordnance, machinery, and transportation equipment. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBIIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS do... do... PENALTY FOR PRIVATE USE TO A V O I D PAYMENT OF POSTAGE, $300