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• " ' " " » " - September 18, 1959 STATISTICS BUSINESS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS 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 Billion Dollars Index, 1947-49 = 100 400 180 PERSONAL INCOME TOTAL INDUSTRIAL PRODUCTION y (seasonally adjusted, at annual rates) y (F. R. B. seas. adj. index) 160 — —\ - 140 ^^V^ -\ -j 120 - -\ 350 Total 300 Wage and Salary Disb ursements 3—~ 250 200 jy 1/ •***^^ A±L 111 1 1 1 1 i1i i i i 1 i i i i I i i l i i 1 i i i i i 11 1 I I 1 1 1 11 11 1956 1957 J958 100 ,1 1 1 1 1 1 1 11 11 I1I 1 1 1 1 1 1 1 1 1 1 1 i1 i 1i i1i 11 i i i i i J 1959 Data for June, July, and August include retroactive salary payments to Federal employees. Billion Dollars 20 SALES OF RETAIL STORES Index, 1947-49= 100 140 WHOLESALE PRICES (seasonally adjusted) Commodities other than Farm Products and Foods I 20 All Commodities Nondurable Goods I IOO L Farm Products I Durable Goods I l IIIIl lIII1 Il IiIIilIli i Il Ii Ii i i ii 1956 1957 1958 I I II I IIIII I 1959 80 I I I 1 I 1 1 1 I I I I 1 I I H I 1 I I I I I I I I l I i l l I I I I 1 I I l II I I I I I I 1956 Index, 1 9 4 7 - 4 9 = 100 200 MANUFACTURING EMPLOYMENT & PAYROLLS (production workers) 175 Dollars 150 h 2.00 I - 125 h 1957 1 9 5 8 1959 Hours 56 2.40 MANUFACTURING HOURS & EARNINGS 2.20 Payrolls Employment H 52 Average Hourly Gross Earnings H48 (left scale) 1.80 U H 44 \ 100 h 7 5 H40 1.60 1 1 i i i i I i i i i i 11 i i i i I i i i i i I 1956 1957 I » i i i i I i i i i i I i i i 11 1958 1959 1.40 Average Hours Per Week (right scale) » H 111 n 11 r M 1 1 1 1 1 1 1 1 1 1956 1957 I 1111 I i i i i i I i i i i i I i i i i iJ 3 6 1959 1958 WEEKLY BUSINESS STATISTICS1 2 1959 1958 ITEM Sept. 6 Commodity prices, wholesale: A1 1 commodities...•••••••• •............... 1947-49=100.. 86,2 125 2,215 2,015 191 *1I9.I *95.2 *l 1 1.5 *!26.1 86.2 145 2, 120 1,926 256 3.1,381 26,638 18,446 547 51,433 26,661 18,479 606 do.... A 1 1 other.. ............do.... ...........thous.. ....do State programs (incl. Alaska and Hawaii).. Sept. 15 Aug. 22 Aug. 29 119.5 87.9 106.8 128.5 86.5 152 1,452 1,294 265 119.5 87.1 107.0 128.5 87.0 159 1,458 1,279 257 52,051 28,562 18,509 458 Sept. 5 1 19.5 87.6 ' 106.7 128.3 86.9 148 Sept. 12 119.5 88.5 107.4 128.5 87.6 308 222 51,951 28,485 18,586 467 31,952 28,515 18,566 452 52,107 28,656 18,640 600 60,020 50,718 104,025 29,448 28,910 12,524 60,776 50,690 103,876 29,267 28,976 12,350 60,225 50,702 103,717 29,068 28,958 12,543 Finance: Federal Reserve bank credit outstanding, total 4/.....do.... ......do.... Reporting member banks (of F«R.System) in leading cities:^/ .•••.mi 1. of dol.. do.... do..., Loans and investments (adjusted), total. •••••••••••.do,... Commercial and industrial loans (gross ••••••••••».do.... Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's) 5/...1941-45=10.. do.... Production: s. of short tons.. ..mil, of kw.-hr.. ...thous. of bbl.. .thou s. of short tons.. Stee 1 6/ ..thous. of cars.. do 59,613 30,277 55,546 10,856 4.55 48.18 51.55 4.58 48.51 51.68 4.70 58.27 62.45 4.75 59.08 65.54 4.77 58.92 63.20 1,421 12,025 16,977 7,060 1,666 #61.7 564 275 1,410 12,248 50,755 7,009 1,780 #65.9 666 526 1,192 14,005 46,820 6,761 521 11.5 545 291 1,220 14,109 55,559 6,765 552 11.7 549 295 1,219 15,759 52,758 6,785 552 11.7 544 295 ----- 4.78 57.29 61.41 55,657 527 11.5 _[/ 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 e"x-servicemen. 4 / Daily average. 5/ Wednesday data. Figures for member banks are on revised basis; leaders indicate data not available. .6/ Week beginning September 14, 1959: Production, 545 thous. short tons; operating rate, 12.2 percent. * Monthly index for August 1958. # Based on January I", 1958, annual capacity (140,742,570 t o n s ) ; not comparable with 1959 rates which are based on January 1, 1959, annual capacity (147,655,670 tons). MONTHLY BUSINESS STATISTICS 1959 1958 ITEM July GENERAL BUSINESS June May August July INDICATORS Personal income, by source: Seasonally adjusted, at annual rates: Total personal income.,.. bil. of dol., Wage and salary disbursements, total do.... Commod i ty-produc i ng i ndustr ies. .do.... Manuf actur ing only .•••..... do. ... D i str i but i ve i ndustr ies. do.... Ser v i ce i ndustr ies do..,, Government. do.... Other labor income ,. .... do.... Proprietors' income: Business and professional do..., Farm .«... do..., Rental income of persons. .do..., D i v i dends do. •., Personal interest income .....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 animals...... • do... Poultry and eggs do... Indexes of cash receipts from marketings and CCC loans: J/ All commodities 1947-49=100. Crops ...do... Livestock and products ..........do... Indexes of volume of farm marketings: ±/ A11 commodi t ies .. .do.... Crops. .do... Livestock and products.... do... r/ Revised. ±/ Unadjusted. 9080 August 565.5 245.2 97.2 76.1 65.8 54.8 47.4 9.5 362 241 97 76 64 35 44.1 9.3 581.5 259.8 109.8 86.7 67.5 57.1 45.4 9.9 383.8 261.7 110.9 87.7 68.0 37.2 45.6 10.0 r584.0 r26l.5 r109.9 r86.9 r68.4 37.3 45.9 10. I 581.4 258.9 106.7 85.9 68.5 57.6 46.1 10.1 52.4 14.1 11.8 12.6 20.4 26.8 7.2 545.7 32.6 14, II, 12, 20, 27, 7, 344, 54.5 12.0 12.0 15.0 22.0 26.4 8.5 565.3 34.7 12.1 12.0 13.1 22.2 26.4 8.4 367.8 r34.9 Ml.9 12.0 M3.2 22.4 r26.5 8.4 r568.5 34.9 11.2 12.0 15.4 22.6 26.6 8.4 566.4 2,950 2,775 1,211 1,562 585 886 272 2,952 2,789 1,257 1,532 369 870 275 2,205 2,180 637 1,543 427 859 220 2,336 2,508 819 1,489 598 855 207 2,676 2,582 1,116 1,466 585 829 250 114 115 115 115 117 112 90 59 113 95 76 109 106 104 108 127 132 127 132 123 99 57 131 108 80 129 121 114 128 123 MONTHLY BUSINESS STATISTICS —Continued 3 1958 1959 ITEM July August May June July GENERAL BUSINESS INDICATORS - Continued Industrial production (FRB): Unadjusted, combined index 1947-49=100.. Manufactures . do.... Ourab le manufactures. do.... Pr|mary metaIs....... do.... Metal fabricating (including ordnance). ...do*... Fabricated metal products. ..do.... Mach i nery . do.... Transportat\on equipment.....................do.... Instruments and related products.. .....do,... Furniture and f i xtures do.... Lumber and products .do.... Stone, clay, and glass products. do.... M i see 11aneous manu factures.••••••••••••» do,... Nondurable manufactures. *...... .dd.... Printing and publishing , do.... Petroleum and coal products,, «..••.* s «do* sse M i ner a Is..... .do.... Coal -. * ............do.... Crude oil and natural gas.......... ......do.... Adjusted, combined index... . .......do.... Manufactures do.... Ourab le manufactures. do.... Pr i mary meta Is.... do.... Metal fabricating (including ordnance) do.... Fabricated metal products......... ...dp,... Machinery •...»•...•*. .do.... Transportat i on equ i pment do.... Instruments and related products.. do.... Furniture and fixtures ....do.... Lumber and products. do.... Stone, clay, and glass products...... do.... Mi see 11aneous manufactures. .........do.... NondurabIe manufactures Printing and publishing... Petroleum and coal products... Minerals Coal Crude oil and natural gas.. do.•.. .....do.... do.... .......do.... do.... do.... 125 127 132 90 144 123 133 175 157 136 138 140 102 "150 133 142 173 160 153 156 169 157 179 146 170 215 188 155 158 r!72 r!54 182 150 175 214 195 144 147 rl57 r95 rl75 r!43 rl66 r209 rl94 113 106 148 126 123 132 133 110 46 137 124 130 155 135 135 136 140 120 70 142 !37 rl43 171 145 r!4l rl4l 177 r!49 r 141 126 rl43 150 139 rl27 72 r!48 144 148 r!43 127 72 r!47 136 143 p!34 134 136 141 102 154 129 144 185 162 136 138 144 109 156 132 147 186 162 153 156 169 154 179 148 170 r2l4 189 155 158 172 150 184 150 178 216 197 119 114 152 135 123 120 150 134 143 139 170 150 145 rl33 174 rl52 r!49' 135 181 155 132 138 136 116 65 141 133 140 139 120 68 146 144 149 142 126 73 M48 r!44 149 rl43 125 r73 r!48 146 150 119.2 95.0 112.7 125.6 110.4 III.9 123.2 100.3 116.8 149.5 148.8 135.3 131.0 144.7 93.3 128.0 I 19. I 93.2 III.3 126.1 I 10.0 113.7 123.0 100.5 118.6 149.5 150.8 135.2 131.0 144.4 93.3 128.0 119.9 90.8 107.7 128.4 1 10.0 113.4 123.5 118.5 128.2 152.5 153.0 138.4 132.0 148.8 94.5 132.2 119.7 89.8 108.1 128.2 ! 10.0 1 1 I-.2 123.6 118.9 128.9 153.0 153.3 137.4 132.3 147.3 94.9 132.2 16,596 5,444 2,907 1,002 11,153 867 1,372 1,410 1,576 17,000 5,360 2,789 1,005 11,639 954 1,406 1,448 1,768 r!75 145 r 116 46 p!44 153 157 r|68 >I08 r!86 rl50 rl80 218 199 rp|36 r!20 56 p!48 COMMODITY PRICES Wholesale price index, all commodities .....1947-49=100.. Farm products • do.... Foods, processed do.... Commodities other than farm prod, and foods do.... Chemicals and allied products. .do.... Fuel, power, and I ighting mater ials ......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.... Nonmetallic minerals, structural..... do.... Pulp, paper, and allied products... do.... Rubber and products..... do.... Textile products and apparel.. ............do.... Tobacco manufactures and bottled beverages.........do.... 119.5 88.4 107.5 128.4 109.9 110.9 r 123.8 rl!9.3 128.3 r153.6 r152.7 r137.5 H32.4 147.3 r95.3 134.5 DOMESTIC TRADE AI I retaiI stores: J/ Estimated sales (unadjusted), total. mil. of dol.. Durable goods stores do.... Automoti ve group •••* .do.... Lumber, bui Idin^, hardware group do.... Nondurable goods stores. do.... Appare I group do.... Eating and drinking places.............. ...do.... Gasoline service stations.. do.... Genera I mer chand i se group do.... Estimated sales (seasonally adjusted), total do.... Durable goods stores do,... Automot i ve group do.... Lumber, building, hardware group. do.... Nondurab I e goods stores do..... Appare I group do.... Eating and drinking places... do..,. Gasoline service stations , .......do.... Genera I mer chand i se group., •••• do.... Estimated inventories: Unadjusted, tota I. do.... Durable goods stores do.... Nondurable goods stores. ..........do.... 18,600 6,435 3,696 1,093 18,708 6,826 3,880 1,138 r18,332 r6,4l9 r3,579 1,135 12,165 1,128 1,336 1,427 1,892 11,882 1,077 1,372 1,450 1,879 r I 1,913 r924 r1,458 rl,5l6 r1,701 16,721 5,221 2,803 895 11,500 1,060 1,247 1,306 1,879 16,860 5,214 2,703 919 11,645 1,094 1,255 1,340 1,918 18,223 6,100 3,375 1,034 18,189 6,162 3,476 991 12,123 1,154 1,304 1,386 2,000 12,027 1,100 1,312 1,388 1,961 r!8,3!8 r6,155 3,454 1,009 12,163 I, 149 1,325 1,404 2,04! 23,500 10,720 12,780 23,510 10,430 13,080 25,010 11,940 13,070 r24,620 r11,830 r 12,790 24,550 11,820 12,730 r/ Revised. j>/ Preliminary. J./ Data for August 1959 are advance estimates. http://fraser.stlouisfed.org/ 9080 Federal Reserve Bank of St. Louis 4 MONTHLY BUSINESS STATISTICS — Continued 1959 1958 ITEM July August July May August DOMESTIC TRADE - Continued All retail stores, estimated inventories - Continued Adjusted, total mil. of dol. Durable goods stores .....do.., Nondurab I e goods stores do.., Retail firms with 4 or more stores: Estimated sales (unadjusted), total do.., Retail firms with II or more stores: Estimated sales (unadjusted), total...... .......do.., Appare I group do.., Eating and drinking places.. do.., Genera I merchand i se group do.., Grocery stores.... ....do.., Lumber, building-materials dealers do... Tire, battery, accessory stores do.., Estimated sales (seasonally adjusted), total do.., Appare I group do.., Eating and drinking places.. do.., Genera I merchand i se group do.., Grocery stores do.., Lumber, building-materials dealers.... do.., Tire, battery, accessory stores do.., Wholesale trade: Sales, estimated (unadjusted), total ..bil. of dol, Durable goods establishments ..do.., Nondurable goods establishments............ ...do.., Inventories, estimated (unadjusted), total do.., Durable goods establishments do.., Nondurable goods establishments do.., 25,020 I 1,850 13,170 23,990 i0,730 13,260 23,860 i0,660 13,200 24,510 i1,450 13,060 r24,790 r11,660 r13,130 4,045 4,278 4,495 4,398 4,316 3,465 188 77 983 1,531 73 81 3,697 210 80 I, 106 1,608 75 79 3,932 259 80 1,165 1,697 76 89 3,832 256 83 1,174 1,572 82 3,778 207 88 1,063 1,679 82 88 3,728 239 73 1,174 1,564 64 73 3,771 250 75 1,201 1,557 66 75 3,935 256 79 1,249 1,629 71 83 r3,897 253 80 1,233 1,610 r72 77 3,988 266 84 1,292 1,619 72 80 II.I 4.0 7.2 11.7 6.1 5.5 11.3 4.1 7,2 11.7 6.1 5.6 12.3 4.8 7.5 12.2 6.6 5.6 12.8 5.1 7.7 12.4 6.7 5.7 70,473 65,179 6,718 58,461 5,294 70,067 65,367 6,621 58,746 4,699 69,405 66,016 6,408 59,608 3,389 50,178 15,161 705 2,882 3,907 10,984 2,410 6,465 7,664 50,576 15,462 708 2,955 3,897 I 1,011 2,413 6,452 7,678 5 1,982 16,187 701 2,834 3,914 I 1,234 2,413 6,583 8,116 11,353 6,270 5,083 11,645 6,339 5,306 39.2 83.50 2.13 39.6 84.35 2.13 EMPLOYMENT Civilian labor force, total thousands, Emp loyed do.., Agricultural emp loyment -. do.. Nonagricu Itural emp loyment... do.. Unemp toyed do.. Employees in nonagricuItural establishments: Tota I, unadjusted .do.. 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 miscellaner s do.. Government do.. Production workers in manufacturing industries: Employment, total-, (unadjusted)... do.. Durable goods i n d u s t r i e s . . . do.. Nondurab Ie goods i ndustr ies do.. Hours and earnings: Average weekly hours per. worker... ........hours Average weekly gross earnings ..dollars Average hourly gross earnings ......do.. 71,338 67,594 6,825 60,769 3,744 70,667 67,241 6,357 60,884 3,426 52,580 r 16,455 r7l3 r2,986 r3,944 rI 1,352 r2,442 r6,623 r8,065 r52,37l rl6,4l8 r-708 r3,045 r3,95l rI 1,318 r2,472 r6,607 r7,852 p52,084 p16,175 p625 p3,127 p3,926 pll,326 p2,473 p6,596 p7,836 12,299 7,139 5,160 r12,524 r7,248 r5,276 r12,447 r7,l67 r5,280 pl2,195 p6,705 p5,490 40.5 90.32 2.23 40.7 91.17 2.24 r40.3 r89.87 2.23 p40.5 p88.70 p2. 19 71,324 67,342 7,231 60,I I I 3,982 £ / Revised, J J / P r e l i m i n a r y . USCOMM-DC-9080 PENALTY FOR PRIVATE USE T O A V O I D UNITED STATES GOVERNMENT PRINTING OFFICE PAYMENT O F POSTAGE, $300 DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT OF CURRENT Digitized forSURVEY FRASER BUSINESS
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