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November 21, 195?

BUSINESS
A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINES!
Available only with subscription to t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected
weekly and monthly data subsequent to those published in t h e latest monthly SURVEY

SELECTED BUSINESS INDICATORS
Index, 1941 ~ 4 3 = SO
70

Index, 1941-43 = 10
TO
M

°"tMy

PRICES OF 425 INDUSTRIAL STOCKS

\

Weekly

(Wednesday close)

60

60

1957

\

^ ^ \ ^

50

50

^^^

40

-

30

-

20

. l' I

i

i

I 1 i i

i

i i

i

i

1955

i

i

i

t i

i

1 i

i

_JLJLJLJL-1

1 S 8 I

—L-J

\ \

Billion Dollars
400
PERSONAL INCOME

I I 1 1 1 1 1

H 40

30
I i i i • l ' ' \ ' iJ 20
J F M A M J J

A S O N D

Index, 1 9 4 7 - 4 9 = 100
S80

TOTAL INDUSTRIAL PRODUCTION
(F. R. B. seas. adj. index)

350

160

/
Total

140

A

Wage and Salary
Disbursements

120

A

300

2 5 0 \—

I i» i i i Iii ii i i i ii ii Iiii i i Ii ii i i Ii ii ii Ii i i i i

200

1955
1 9 5 6
July data exclude $4.6 billion (annual-rate basis)
lump-sum retroactive Federal salary payments.

1 9 5 7

1955

120

FREIGHT CARLOADINGS*

-j

_ (seasonally adjusted)

"

l
SOO J - J J L L j J j J J . L I LI. J 1 1.1 \ 11 1 -JLLLLjJLl
LU L M M l l M i l l .

1 9 5 8

Index, 1 9 4 7 - 4 9 = 100

soo

\

1958

(Seasonally adjusted, at annual rates)

no

\

S957

S956

1958

y

1956

1957

1958

Millions
2.0
NEW PERMANENT NONFARM DWELLING
UNITS STARTED (privately owned) *
1.5

-J
1.0 h

J

90

\ >J

80
3£Average per working day

.5 h
^Seasonally adjusted,
at annual rates

J

1 1i i 1i N111 \\
7 0 •—1 l l l l l l l l l l i l l l LI I L I I ! 1 1 1 1 1 1 1 1 111

1955



1956

S957

S958

J

1 M ll I I M

1955

mnhnii
1956

t ' I M I ' M I I 1 I M I I ' • [ 'l '
3957
1958

WEEKLY BUSINESS STATISTICS1

2

S957

1

1958

ITEM
Nov. 9

Nov. 16

Oct. 25

Nov. 1

Nov. 8

Nov. 15

Commodity prices, wholesale:

•••••

••84.4
145
1,455
1,330
266

•117.8
•91.5
•105.5
•125.8 !
84.1
152
1,595 |
1,463
306

118.6
91.3
109.9
126.1
87.0
140
#1,854
1,684
275

118.6
90.9
109.6
126.1
86.8
136
#1,838
1,670
299

118.7
91.4
109,8
126.2
••87.6
148

118.8
91.9
109.9
126.3
••88.3

331

274

31,115
25,225
18,963
454

31,287
25,424
18,911
557 |

31,435
27,046
18,652
614

31,299
26,767
18,515
554

31,419
26,694
18,416
449

31,660
27,100
18,510
662

54,800
23,943
86,277
24,959
31,751
8,751

55,025
23,795
86,103
24,785
31,836
8,776

56,703
28,230
94,062
31,854
30,315
9,321

57,283
28,233
93,906
31,632
30,337
9,350

56,412
28,150
93,924
31,520
30,441
9,381

4.51
40.43
43.56

4.50
39.55
42.51

4.41
51.07
54.70

4.42
51.19
54.73

4.42
52.03
55.65

1,587
11,914
159,385
6,796

1,605
11,953
164,570
6,831

1,410
12,174
87,228
6,919

1,423
12,330
116,982
6,911

r2,3rr

1,996
##78.0
676
338

1,990
##77.7
647
328

2,026
75.1
674
336

2,024
75.0
674
336

F i nance:
Federal Reserve bank credit outstanding, total j5/....do....

Reporting member banks (of F.R.System) In leading cities:4/

Commercial, industrial, and agr. loans (gross)...do....
Real-estate loans (gross)....*
do....
Bond yields, domestic corporate (Moody's) 3/
percent..
Stock prices, 500 stocks (Stand. & Poor's) £ / . . S94H43-I0..

1

4.41
53.05
56.74

Production:
1,422
150,117
7,003
2,011
74.5
658
328

142,165
2,011
74.5

±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Oaily average. 4/ Wednesday data. \\f Week beginning November 17,
1958: Production, 2,005 thous. short tons; operating rate, 74.3 percent. • Monthly index for October 1957. * * Wednesday price. # Excludes 466,000 and 429,000 insured unemployed reported under temporary programs (TUC) for October 25 and November I, respectively.
## Based on January I, 1957, annual capacity (133,459,150 tons); not comparable with 1958 rates which are based on JanuaryI, 1958, annual
capacity (140,742,570 tons).

MONTHLY BUSINESS STATISTICS
1957

1

1958

ITEM
September

October

July

September

August

GENERAL BUSINESS INDICATORS
National income and product:
Seasonally adjusted quarterly totals at annual rates:
Nationa1 income, totaI.......••••.•••••.••••bil. of do1.,

Pr1vate,••••••••••••••••••••••••••••••••••••.do....
Government civi1ian•••••••••••.••••••••••••..do,...

Farm.•••••••••••««••••••••••••••••••••••••••••ido..,,

Corp,prof its and inventory valuation adj.,total..do....

Personal consumption expenditures, total.........do....

Gross private domestic investment, total

do....

Gov't purchases of goods and services, total.....do.,,.

• Data are for the

9169


2d quarter 1958.

368.7
257.3
240.5
199.9
9.8
30.8

•352.4
•250.7
•234.2
•191.8
•9.6
•32.8

16.8
55.5
31.7
11.8
12.0

•16.4
•56.2
•30.7
•13.4
•12.1

16.9
56.6
31.1
13.3 !
12.2

43.1
44.2
22.0
22.1
-I.I
12.8

•32.5
•32.0
•16.3
•15.7
•.5
•13.1

.2
13.2

445.6
288.3
40.4
140.5
107.4

•429.0
•288.3
^35.6
•141.4
•111.3

439.0
291.5
36.1
f42.9
.112.5

1 ^49.2

53.7
36.3
22.3
-5.0
.5
93.3
53,4
46.6
39.9

66.7
36.6
28.0
2.2
3.6
87.0
50.9
46.9
36.1

j

•34.9
•22.3
•-8.0
•.5
•90.9
•51.9
•46.0
•39.1

255.3
238.4
195.0
10.0
33.4

i

October

MONTHLY BUSINESS STATISTICS — Continued

3

1957

1958

ITEM
September

October

August

July

September

GENERAL BUSINESS INDICATORS - Continued
National income and product - Continued
Seasonally adjusted quarterly totals at annual rate - Con.
Personal income, total..........#,..........bi I. of dol.
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
....bi i. of dol.
Wage and salary disbursements, total
do...
Commodity-producing industries
••••••.do...
Distributive industries
do...
Service industries,,,,,,,,
.,„
,,,.do,,.
Government. .•••......••••.•.•••••
dp...

357.5
43.5
314.0
22.5

351.4
240.2
102.4
64.2
32.9
40.7

350.6
238.6
101.5
63.5
32.9
40.7

•349.8
•42.3
•307.5
•19.2
••(354.2)
••358.8
••242.2
97.1
63.5
33.7
••48.0

9.1
55.4
31.8
21.5
6.6
336.1

9.2
55.1
31.8
22.6
6.6
335.7

9.0
56.3
31.8
26.5
7.0
••342.0

9.1
56.6
31.9
26.8
6.8
339.2

9.2
r57.0
31.9
r27.0
6.8
r340.9

3,041
2,934
1,398
1,536
368
881
270

3,447
3,347
1,630
1,717
378
1,014
308

2,920
2,743
1,212
1,531
383
870
258

3,025
2,862
1,356
1,506
371
848
272

3,553
3,286
1,583
1,703
354
1,052
282

120
130
113

137
152
126

113
113
112

118
126
III

135
148
125

133
137
130

158
169
150

125
131
121

131
144
121

145
161
133

146
148
160
128
174
145
173
194
174

146
148
159
129
173
142
170
198
172

126
127
132
90
144
123
133
175
157

136
rl38
140
rl02
r!50
133
142
rl73
160

rl39
141
rl46
rllO
r»56
rl4l
r 151
rl70
r!69

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.
Minerals...........................................do.
Coal...............
••••do.
Crude oil and natural gas........................do.

126
121
162
150
135
144
144
130
86
147

125
119
161
148
137
146
139
129
87
146

113
109
148
126
123
132
133
110
46
137

124
129
r!55
r!35
rl35
136
r!40
120
r70
rl42

130
127
rl6a
144
rl37
r!42
pr!4l
123
73
r!44

Adjusted, combined index.............................do..
Manufactures. ••».,•••••«•••••••••••••
do..
Durable manufactures.
.do..
Primary metaIs...................••.........•..do..
Metal fabricating (including ordnance)
do..
Fabricated metal products......
*••••• do..
Mac hi nery.............••..•.......•..••.•....do..
Transportation equipment
••••do..
Instruments and related products...
••••do..
Furniture and fixtures...
..do..
Lumber and products.
.do..
Stone, clay, and glass products................do..
M i see 11 aneous manufactures •••••
do..
Nondurab le manufactures.
•••••• .do..
Printing and publishing
do..
Petroleum and coal products....
•••••••••••do..
M i nera Is..
.do..

144
146
160
131
176
139
170
212
173

142
143
156
128
172
137
164
208
170

136
138
144
r!09
156
132
147
187
162

122
112
159
143
131
142
141
129
82
151

120
109
155
140
130
142
139
127
80
150

134
136
141
102
154
129
144
185
162
119
118
152
135
132
138
136
116
65
141

123
119
rl50
134
133
140
rl39
120
r68
rl46

137
139
rl45
rl 13
rl56
r!35
148
rl78
rl67
126
118
rl57
137
rl33
r!40
prl39
r!22
70
rl48

119
118
84
150
121

119
119
88
148
120

100
97
87
108
107

100
94
53
rl30
r| 15

104
96
37
150
r!20

Other labor income.
*•«.««
»•«»««
do...
Proprietors' and rental Income......
•••••••••do...
Personal interest income and dividends
.....do...
Transfer payments.
do...
Less personal contributions for social insurance...do...
Total nonagricultural income.
do...
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 an ima Is
do...
Poultry and eggs...........
..do...
Indexes of cash receipts from marketings and CCC loans,
unadjusted:
All commodities
.
1947-49*100.
Crops. ••
•••
do...
Livestock and products............
....do...
Indexes of volume of farm marketings, unadjusted:
A11 commodities
••••••••••••
••
do...
Crops
•
do...
Livestock and products...................
do...
Industrial production (FRB):
Unadjusted, combined index.............
do...
Manufactures*•••••••••••••••••••••••••••«•••
do...
Durable manufactures.............................do...
Primary metals............
do...
Metal fabricating (including ordnance).*.
do...
Fabricated metal products
do...
Machinery..
do...
Transportation equfpment
•••••do...
Instruments and related products
...do...

v/OO I . . . . . . e . e e e • e « e e e a e a a a a a a a a a a a a a a a a a a a e a a a a a a Q O a &

Crude oil and natural gas
•••••••••••do..
Consumer durables output (FRB):
Unadjusted index, total
do..
Major consumer durables
•••...•••••••••••••••••do..
Autos.
•••••••
-do..
Major household goods.••••••••••••••.••••••••••..do..
Other consumer durables
•
do..

351.8
43.1
308.7
20.4

356.1
238.5
97.7
63.6
33.8
43.4

r357.8
r239.4
r98.4
r63.6
33.9
43.5

rj Revised. £/ Preliminary. • Data are for 2d quarter 1958. •* Total in parenthesis excludes and other footnoted figures include lumpsum retroactive salary payments to Federal employees; disbursements of $380 million multiplied by 12 (to put on annual-rate basis) amounted
Digitized for to
FRASER
$4.6 billion.
http://fraser.stlouisfed.org/
9169
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

4

1957

•1958

STEW
September
GENERAL BUSINESS INDICATORS - Continued
Consumer durables output CFRB) - Continued
Adjusted index* t o l a L e » 8 9 , « , s < ) 8 o e 6 e 9 e s e e 8 1
S947-49=100 ea
Major consumer d u r a b l e s e 0 9 o e 9 ( S 9 8 0 ! ! 0 „ 9 1
6 6 9 9 « 9 8 d o „ 9e
ir% U T 0 5 © © o ® &*&•*$• .© © ©..© © © © © © @ ® © @ © @ © @ @ © e @ © 0 < 0 © <

Major household goods.......••••.....,
Other consumer durab l e s 9 S @ o e s o e e @ 0 8 0 8 e e <

e o

©

s s a

,©do«

e e s

s © a o « s o d O e © »«
a® •© © © o O O e t » <

October

July

September

August

'October

pS05
p!02
p67

137
SI2

104
99
r56
138
114

°pll!

2,482

1,622

1,348

1,621

rll2a8
r108.6
r78.l
r4*2

119.0
108.8
75s8
I062

118*0
S08.Q
75.3
10.0

I I 1.0
109.0
77s0
2.0

134
142
S50
137
114

S29
137
143
S34
112

114
IS6
99
133
§11

115
-116

1,247

1,700

91.9
90*2
60.9

97,

CONSTRUCTION AMD REAL ESTATE
Engineering constructIon?
Contract awards CENR) .{./••••••••••••••••••••.•mil.of dot.
New permanent nonfarm dwelling units started:
Unadjusted? Total, privately and publicly owned* «,< a thous e o
Privately owned, total ....••••• ••••.,..do.,..
in metropolitan areas.••..•••••••, e s d 0 0 S S S
" « "

I IC Iy

OWneCS @ e © ® © < 6 © » ® e e © © < » © a ® © ® o © <

« s d o e s ..

Seasonally adjusted at annual rate?
Privately owned, total• •••••••••••••'••••••••••••, «®do»ei8@
Construction cost Indexes:
Department of Commerce, composite.,•••••••..•• 1947-49=IOO ea
Engineering News-Records Bus Iding
2/9&<l09e&*@o@»&< ..do....
Construction 2/.•'.,....., ••do....

1.7

58,
8,

1,012.0

,020e0

rI,174.0

1,170.0

1,220.0

1,260,0

138

138
152.8
162,8

139
155.5
168.7

r!39
158.2
170.7

139
I58s7
171.1

158.2
!70 9 9

r1,678.6
105.0
1,126.8
134.6

r758. 1
I388 8
263, 5

r779e9
149e4
264*1
7.5

302.2
68*7
115.4
2e3

rS 648,0

r48.0
134.5
61.5
42 e 5

rl6l. 0

r173.2
95.6
I897
64e0

1.4
85e6
5*8
14.4

r53 9 7
144,2
56e0
4le4

6,140
3,576
2,564
5,638
8,895

6,190
3,792
2,398
5,974
9,112

4,230
2,464
1,766
4,163
8,876

r4,73l
r2,699
r2,032
r4,707
r8,903

p5,115
p2,944
p2,S7l
p5,008
p9,0 85

381,653
243
187
318,279
315,008
63,131
51,016
4,871
4,372
2,554

380,176
233
232
291,064
282,510
88,879
73,707
4,818
4,582
2,556

381,814
358
290
316,408
310,001
65,048
50,454
3,976
3,742
1,785

250,466
265
259
194,974
192,770
55,227
47,030
r4,113
r3,8l4
2,031

149,261
216
212
102,687
98,009
46,358
34,232
4,728
4,386
2,384

152.8
162.7

FINANCE
Stocks, cash dividend payments publicly reported?
Total dividend payments.
® e mi K of doSs*
Finance*,....••••••
.,do„, .,
©e d o e s e e
ManufacturIng ffl .....
Mdo,M,
Mining.,.... e e e e 0 o a
Pub!Ic utl11ties?
CommunIcatIons...
.©do.©..
..do.®@@
Electric and gas*
Ral l r o a d , e ( , 9 a o 6 9 „ o
eedOe a « «
Trade© ©©a®©©©®®©©^©
,.do.,«.

8S 0
92, 9
22£ 1
64, s

I I 1.7
,S04.7
109.8

771, 5
142, 1
260, 4

8,5
174,

PETALS AND MANUFACTURES
Iron and steel scrap?
Production and receipts, t o t a l e e e
Home scrap p r o d u c e d , 9 8 9 4 # a 8 1 s e i ) e
Purchased scrap received (net)*
ConsumptIon, totaI...............
Stocks, consumers 9 , end of month*

Q thous e

of short tons*
>©s©@®©®«©"Osee
>e o e o . a o . s d O . . ,
>e ® ,

@

e e 9 o . d © © . ,

....••••••do...

TRANSPORTATION EQUIPMENT
Motor vehicles?
Factory sales, t o t a l o s e e s o o s > a e c 0 9 c o e o o o o o s 8 9 0 o c e e e c n u m b e r 8
Coaches, totaI.*..,„..........
»
do...
Domest lc...................................
do.,*
Passenger cars, total••••..•••••••••••••••••••
do..,
UOmeST 8 C w © © e
I TUCKS,

e

« o o o © ® o © s> © © a o s ® ® a ® a o o © o o o o s o o o © o 9 c © e Q O e a »

I OT a l«©e>oese.a<5o0©e<3©o®<i5Q©©«»oo©.t>ee<aaQ<53®©oo * 0 O . e e

Domest ic,.,,..«.,.....,...,,*.«,
•••••••
do.. .
Truck trallers, production, total.....
••••••••••••do...
CompIete traI l-ers.••••••••••••••••••••••••••••••••••.do..,
Vans............,..,.,,.«,
«,*<,.».«,.
«»»»..do..«

rj Revised. £ / Preliminary. \J Data for October 1957 and July and October 1958 are for 5 weeks? other months, 4 weeks.
ported at the beginning of each month are shown here for the previous month,
USCOMM-DC—9169

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS



2 / Data r e ~

PENALTY FOR PRIVATE USE TO A V O I D
PAYMENT OF POSTAGE, $300

s

95, 7
19, 5
65. 0