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^TMENTOff November 20,1959 BUSINESS STATISTICS ^BusSSsi^ A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available? only with subscription t o t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected weekly and monthly data subsequent t o those published in t h e latest monthly SURVEY SELECTED BUSINESS INDICATORS Billion Dollars Index, 1947-49 = 100 180 400 PERSONAL INCOME TOTAL INDUSTRIAL PRODUCTION XJ (seasonally adjusted, at annual rates) y (F. R. B. seas. adj. index) 350 160 — ~j Total 300 A 140 -j J I 20 A Wage and Salary Dish ursements J/ 250 200 y 1 ,4.1 1 1 1 1 1 1 1 11 1 **T^^ 1 1 1 1 1 1 .,1,1,1 1 1 111.1 i 1 1 1 1 1 1 1 M 1 1 1 I I 1 1 1956 1957 1958 100 J 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 i 1i i1 i 1i 1 i i i i i 11111111111 1959 Data for June, July, and August include retroactive salary payments to Federal employees. Index, 1 9 4 7 - 4 9 = 100 140 WHOLESALE PRICES Commodities other than Farm Products and Foods Millions 2.0 NEW PERMANENT NONFARM DWELLING UNITS STARTED (privately owned) * 1.5 I 20 H 1.0 All Commodities I I O O h- Farm Products .5 8 0 IiM iI I 1i i i ii1 i i ti i I i i i i i I i i i i i I i i i n I i II i i 1956 1957 1958 0 [ i I 11 1 1 1 1 1 i * Seasonally adjusted, at annual rates i i i 11 1 i 111 i 1 J 1 1 1 1 1 I t 1 1 1 H J 1 I_l_L_l_L IJJ 1956 1959 Index, 1 9 4 7 - 4 9 = 100 200 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 175 Dollars 150 2.00 H 125 -J - 1957 1958 1959 Hours 56 2.40 MANUFACTURING HOURS & EARNINGS H 52 2.20 Payrolls H48 Average Hourly Gross Earnings (left scale) Employment 1.80 h 44 \ 100 h 40 1.60 Average Hours Per Week (right scale) 7 5 I I I I I I I I I l I l I 1 I I M I I I I I I 1 l I I I I I I I M I I 1 M 1 I I I I I II 1956 1957 1958 1959 1.40 I III1 IIIII1 IIIIIIIII I 1956 1957 i I I » i I i i M i I i i i i i I i i i i iJ 1958 1959 36 WEEKLY BUSINESS STATISTICS1 2 1959 1958 ITEM Nov. 8 Nov. 15 Oct. 24 Nov. 7 Oct. 31 Nov. 14 Commodity prices, wholesale: 1947-49=100.. ••87.6 148 1,891 1,694 331 •119.2 •92.1 •109.5 *126.8 ••88.3 157 1,959 1,750 274 85.9 150 1,518 1,346 250 86.9 145 1,617 1,444 273 31,422 26,694 18,416 408 31,660 27,100 18,510 619 32,026 28,664 18,679 489 .......do.... 60,749 30,165 #101,900 34,260 61,170 30,012 #101,662 34,017 .......do.... 11,244 11,288 60,805 30,567 103,916 28,483 29,548 12,510 Bond yields, domestic corporate (Moody's) 4/... Stock prices, 500 stocks (Stand. & Poor's) j5/.. .1941-43=10.. 'do industrials, 425 stocks................... Production: of short tons., mi 1. of kw;-hr.. Motor vehicles (cars, trucks, coaches)...... .thous. of bbl.. 4.42 52.03 55.65 4.41 53.05 56.74 4.86 56.55 60.49 4.85 57.46 61.62 4.86 57.26 61.47 1,477 12,311 150,407 7,003 1,510 12,378 141,474 6,968 1,350 12,762 133,551 6,875 1,323 12,978 118,053 6,887 1,256 13,019 77,311 6,899 2,011 ##74.5 658 328 2,01 1 ##74.5 644 327 371 13.1 607 319 371 13.1 588 306 368 13.0 561 287 .......do.... State programs U n c i . Alaska and Hawaii)...* Failures, industrial and commercial..'........, F i nance: Currency in circulation 4/ mi 1. of dol.. Federal Reserve bank credit outstanding, total ±/ do.;.. do.... .......do.... Reporting member banks (of F.R.System) in lead' ng cities:]?/ mi 1. of dol.. Loans and investments (adjusted), total.;. Commercial and industrial loans (gross). of short tons.. thous. of cars.. do." . 119.2 86.4 106.0 128.6 ••86.6 155 H9.2 86.5 105.7 128.7 86 1 265 285 31,873 28,353 18,568 289 31,920 28,443 18,711 378 32,105 28,65-1 18,724 61,239 3Q,532 103,388. 28,194 29,516 12,527 60,615 30,489 103,879 28,056 29,687 12,506 472 4.85 57.49 61.72 77,812 1,291 45.6 ±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 5/ Includes data for Alaska and Hawaii, and for the following programs: State; R.R.; Federal employees; veterans; and ex-servicemen. 4/ Daily average. 5/ Wednesday data; leaders indicate data not available. 6/ Week beginning November 16, 1959: Production, 2,233 thous. short tons; operating rate, 78.9 percent* • Monthly index for November 1958. *• Wednesday price. # Not strictly comparable with data for 1959. ## Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1959 rates which are based on January I, 1959, annual capacity (147,633,670 tons). MONTHLY BUSINESS STATISTICS 1959 1958 ITEM September GENERAL BUSINESS July October 1 August September INDICATORS National income and product: Seasonally adjusted quarterly totals at annual rates: Corp. profits and inventory valuation adj.,total.do.... 1 Personal consumption expenditures, total do.... 1 | Gross private domestic investment, total ...do.... •403.9 •278.9 •259.4 •214.0 •9.8 •35.6 * # # *279!3 259.5 213.5 9.8 36.3 17.5 46.8 32.6 14.2 11.9 •19.6 •46.6 •34.5 •12.1 •12.0 19.8 45.1 34.8 10.3 12.0 38.0 38.3 18.8 19.5 -.3 14.4 •51.0 •52.6 •25.6 •27.0 •-I.6 •15.4 15.8 444.0 294.4 37. 1 143.1 114.2 54.2 35.4 22.2 -3.4 •484.5 •311.2 •44.1 •147.7 •119.4 •77.5 •41.0 *26.0 •10.4 478.6 313.3 43.6 148.0 121.6 67.0 41.0 27.0 -1.0 1.6 23.1 21.5 93.8 53.1 44.5 Gov't purchases of goods and services, total.....do.... • Data are for 2d quarter 1959. 9141 369.5 258.5 241.1 197.1 10.0 34.0 1 40.8 ! L ! •-I.8 •22. 1 ^23.9 •97.7 J •ss.s •46.2 •43.8 .0 24.1 24.1 98.4 53.6 45.9 44.8 October 3 MONTHLY BUSINESS STATISTICS—Continued 1959 1958 ITEM September October July August September GENERAL BUSINESS INDICATORS - Continued Notional income and product - Continued Seasonally adjusted quarterly totals at annual rate r Con. Personal income, total ......biI. of do!.. Less: Personal tax and nontax payments^. ...do.... Equals: Disposable personal income........... do.... Personal saving........... ..........do.... Personal income, by source, seasonally adj., at annual rates: Total personal Income......... ...biI. of do I.. Wage and salary disbursements, total.... ......do.... Commodity-producing industries ...do.... Manufacturing only. .do.... Distr ibutive industri es. do.... Serv i ce i ndustr i es................................do.... Government ••••••••••••• ••••••••••• do.. . . Other . I abor i ncome. do.... Propr i etor s f i ncome: Business and professional.......... ..........do..*. Farm. .do.... Rental income of persons...... ...............do.... Dividends....*,,. ••••• do.... Personal interest income............................do.... Transfer payments. •••••••• ••••••••• do.... Less personal contributions for social insurance....do.... Total nonagricultural income..........................do.... Industrial production (F.R. index of physical volume): Unadjusted, combined index..... .........*.1947-49=100.. Manufactures. ...•••... do.... DurabIe manufactures.••••• ••••••••••••• .do.... Primary metals..................................do.... MetaI fabr icati ng (i ncIudi ng ordnance)..........do.... Fabr icated meta I products. do.... Machi nery.....••.....•••....•..••...••....•...do.... Transportati on equ i pment......................do.... instruments and related products. ..do.... 381.0 45.9 335.1 21.9 *38l.l *45.8 *335.3 *24. I 363.4 42.9 320.4 26.0 364.2 242.5 99.3 77.9 64.1 35.0 44.1 9.3 364.3 242.1 98.7 76.9 64.1 35.2 44.1 9.3 383.4 261.5 109.9 86.9 68.4 37.3 45.9 10. i 380.0 258.8 106.8 84.0 68.3 37.6 46.0 10.1 r380.9 r259.2 r106.8 r84.4 r68.3 r37.8 32.8 14.3 11.9 12.6 20.6 27.3 7.1 346.1 33.2 14.2 11.9 12.6 20.7 27.4 7.1 346.3 34.9 11.4 12.0 13.2 22.4 26.3 8.4 368.2 34.9 10.0 12.0 13.4 22.7 26.5 8.4 366.3 r34.8 140 141 146 III 156 141 151 170 168 143 145 149 123 158 136 150 184 171 143 147 157 94 175 143 166 209 193 148 151 r!53 63 rl73 rl46 rl72 r!88 rl96 rl5l 154 rl58 130 127 160 143 132 131 155 147 141 127 rl74 145 147 rl43 rl77 rl56 rl48 141 r!75 r!63 Nondur ab I e manufactures •••••••••••• do. Pr inting and pub I ishing. •••••••• • .do. Petroleum and coal products.....................do. Minerals....................... do. Coa I ....do. Crude oiI and natural gas...........•••••... .do. 137 142 138 123 73 145 142 147 137 124 75 144 136 144 132 114 46 144 r!49 147 rl34 116 63 144 rl5l rl55 rpl34 Seasonally adjusted, combined index............. .do.... Manufactures..••••••.•••••••••••....................do.... DurabIe manufactures..••••••••••••••••••••••••••••do.... Primary metaIs..................................do.... Metal fabricating (including ordnance)..........do.... Fabricated metaI products. ••••••«•••••••.do.... Machinery........ ........................do.... Tr ansportat ion equ i pment. do... . Instruments and related products..............do.... 137 139 145 113 155 135 148 178 166 138 140 146 122 156 133 147 183 169 153 157 167 106 186 150 180 218 199 149 rl52 rl58 67 rl82 rl44 rl79 r2ll rl98 rl49 152 158 126 118 157 137 133 140 135 123 70 149 127 120 149 138 134 142 137 122 69 148 149 137 180 156 146 151 135 118 56 148 145 132 r!74 155 146 152 rl33 117 61 148 rl44 130 r!72 rl55 rl47 rl52 pl32 116 r63 rp!48 119.1 93.1 III.I 126.2 109.9 114.1 123.0 100.2 119.0 92.3 110.0 126.4 110.2 113.0 123.0 101.4 120.8 149.9 152.2 136.7 131.9 r146.3 93.2 128.8 119.5 88.4 107.5 128.4 109.9 (II.I 123.8 119.3 119. I 87.1 105.8 128.4 109.7 112.2 123.5 119.7 r119.7 88.9 107.8 128.4 109.9 III.9 r 123.4 rl19.I 119.2 86.5 106.4 128.5 110.0 I 11.4 123.4 116.5 128.5 153.8 152.8 137.4 132.3 r!4l.0 95.7 134,5 127.2 153.9 r153.8 r137.5 132.4 r142.0 126.2 153.6 154.5 137.5 132.5 142.3 95.9 134.5 Furniture and fixtures.... .................do. Lumber and products.......... do. Stone, clay, and glass products.................do. MisceIlaneous manufactures ••••••••••••...do. Furniture and fixtures.......... ...do. Lumber and products....................... /do. Stone, clay, and glass products do. Miscellaneous manufactures......................do. Nondurable manufactures •••••••••••••••••••••.do. Printing and publishing .do. Petroleum and coal products.....................do. M i nera is ••• do. Coa I. do. Crude oi I and natural gas......... do. COMMODITY PRICES Wholesale price index: All commodities... 1947-49=100. Farm products .....v...• do... Foods, processed •••••••••••••••• do... Commodities other than farm prod, and foods ...do... Chemi'cais and allied products..... •'••••••do... Fuel, power, and lighting materials...............do... Furniture, other household durables do... Hides, skins, and leather products. do... Lumber and wood products..... ....do... Machinery and motive products.....................do... Metals and metal products.............. ..do... Nonimetallic minerals, structural..................do... Pulp, paper, and alIied products..................do... Rubber and products..« •••••••••••••••do... Textile products and apparel.. do... Tobacco manufactures and bottled beverages... do... r/ Revised, jg/ Preliminary. * Data are for 2d quarter 1959 9141 120.4 149.4 151, 136, 131, rl45, 93, 128, 128. 153, 152, 137, 132, 146, 95, 134, 46.2 10.2 9.6 12.0 13.5 23.0 r27.0 r8.4 r367.5 63 rl8l 151 r 186 rl89 r202 116 65 pl45 64 183 145 rl83 r205 r200 95.9 134.5 MONTHLY BUSINESS STATISTICS — Continued 4 1959 1958 ITEM September October July September August CONSTRUCTION AND REAL ESTATE New permanent nonfarm dwelling units started: Unadjusted: Total, privately and publicly owned thous, Privately owned, total..... .....do... In metropolitan areas. do.., Publ icly owned... e **„ 9 9 do.., Seasonally adjusted at annual rate: PrivateIy owned, totaI. .do... 115.0 N2.9 78.3 2.1 128.8 127.2 87.3 1.6 r129.3 rl25.l r84. I 4.2 120.4 117.0 81.4 3.4 1,255.0 1,303.0 1,375.0 1,340.0 1,325.0 68,740 64,629 6,191 58,438 4,111 69,i11 65,306 6,404 58,902 3,805 71,338 67,594 6,825 60,769 3,744 70,667 67,241 6,357 60,884 3,426 69,577 66,347 6,242 60,105 3,230 51,237 15,755 51,136 15,536 r52,066 r16,169 r639 r3,107 r I 1,360 r2,474 r6,582 r7,8!3 r52,660 r16,375 r6!8 r3,042 r3,922 rl1,469 r2,457 r6,6IO r8,167 121.0 110.9 76.9 10. I EMPLOYMENT AND WAGES Civilian labor force, total .....thousands, Emp loyed. ..do.., Agricu IturaI emp loyment. do... Nonagr icu Itura I emp Ioyment. ; do.., Unemp loyed •..do.., Employees in nonagricuItura I establishments (unadjusted): Tota I.... thousands, 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- (unadj.): Tota I do.. Durable goods industries do.. Nondurable goods industries .do.. Manufacturing production-worker indexes: Emp loyment: Unadjusted. 1947-49= 100 Seasona11y adjusted. do.. Payro lis, unadjusted do.. Hours and earnings: Average weekly hours per worker, all manufacturing...hours Durable goods industries do.. Nondurable goods industries do.. Average weekly gross earnings, all manufacturing...do Ilars, Durable goods industries do.. Nondurable goods industries do.. Average hourly gross earnings, all manufacturing......do.. Durable goods industries.. do.. Nondurable goods industries do.. 2,927 3,886 1 1,151 2,392 6,472 7,943 2,887 3,897 11,225 2,380 6,463 8,040 52,343 16,410 710 3,035 3,949 11,324 2,475 6,603 7,837 11,940 6,579 5,361 11,721 6,421 5,300 12,433 7,161 5,272 r12,173 r6,679 r5,494 r12,387 r6,855 r5,532 96.5 94.8 155.7 94.8 93.4 152.5 100.5 102.0 170.2 r98.4 r97.4 r164.9 r100.I r98.4 r169.2 39.9 40.2 39.5 85.39 92.46 77.03 2.14 2.30 1.95 39.8 40.1 39.4 85.17 91.83 76.83 2.14 2.29 1.95 40.2 40.5 39.8 40.5 r40.8 r40. I 88.70 r95.88 r80.20 r40.3 40.7 r39.8 r89.47 1,723.1 119.2 1,143.2 110.7 819.5 173.3 271.8 71.6 151.3 59.0 41.5 174.4 100.5 19.4 65.4 711 708 89.65 96.80 80.00 2.23 2.39 2.01 3,922 96.05 2.19 r80.79 r2.22 2.35 2.00 r2.03 2.36 FINANCE Stocks, cash dividend payments publicly reported: Total dividend payments mil. of do I F i nance do.. Manuf actur ing... do.. Mining • do.. Public utiIities: Commun i cat i ons do.. Electric and gas do.. Ra i I road ...do.. Trade do. • 8.5 852.9 177.4 276.5 7.6 331.2 75.7 127.8 2.5 -1,884.6 r169.5 1,217.4 192.8 107.9 17.7 1.5 96.5 83.5 165.9 60.0 49.9 65.4 5.5 13.7 106.3 j r / Revised. £ / Pre Iimi nary. USC0MM-DC-9I4I 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
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