. i T M E N T O f , . ^

BUSINESS February 15, 1957

STATISTICS 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

INDEX, 1935-39 = !00 8 0 0

5 0 0

4 0 0

3 0 0

2 0 0

PRICES OF 420 INDUSTRIAL STOCKS Monthly

(Wednesday close) |

— — - j

ZS^x-±-±A~i~±-±~x-xm •-1-J-J—L.J^LjL-.L-l i 1 . 1 l I i i 1 i I i l \

1* n

J

i i i i i I i s i i i 1

INDEX, 1935-39 = 100 600

H 500

1954 1955 1956 1957 J F M A M J J A S O N D

THOUSANDS

1,200

1,000

8 0 0

6 0 0

4 0 0

2 0 0

PASSENGER CAR AND TRUCK PRODUCTION (United States plants)

f\

•^\f - v n.\ \ \ \ ) \ \ \ \ ) \

r^h V1 . 1 1 1 1 1 1 1 1 1 1 L-

V ^

^.f V , v

i 1 1 i 1 1 1 i 1 i L

Monthly

- 1

f

1 t \ 1 1 1 1 1 1 1 1 1

THOUSANDS

250

200

I I 1 0

150

100

1954 1955 1956 1957 J F M A M J J A S O N D

INDEX, 1 9 4 7 - 4 9 = 100 200

MANUFACTURING EMPLOYMENT & PAYROLLS (production workers)

Pay rolls

S75 h

S50 h

125 h

100 h

7 5 Lu- i -LLi -UJ- l l l l l l l l I l l H I M H I l l l M H L l l i l l l l l L l 1954 S955 1956 S957

DOLLARS 2.40

2.20

2.00

1.80

1.60 b

1.40

MANUFACTURING HOURS & EARNINGS

Average Hourly Gross Earnings

(left scale)

Average Hours Per Week ' (right scale) j

, i i i i I i I i M I i i I T I I M I i i 1 i I I I i I i I I 1 I

HOURS 56

52

1954 1955 J J u I I M i I ^

4 8

H 4 4

4 0

3 6 1956 1957 Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

2 WEEKLY BUSINESS STATISTICS'

ITEM

Commodity prices, wholesale:

A11 other

Insured unemployment, total..••••••••••••...

••••1947-49 100 . do.... do.... do....

do....

••••••»••.thous.. do

Finance: Currency in circulation 3/ «••••..••••••••mi 1. of dol.. Federal Reserve bank credit outstanding, total 3/.,..do....

Federal Reserve reporting member banks in

Time deposits, except U. S. Government., Loans and investments (adjusted), total.

do.... leading cities:^/ • ••.mi 1. of do 1 • •

(in

Commercial, industrial, and agr. loans (gross)...do....

Bond yields, domestic corporate (Moody's) Stock prices, 480 stocks (Stand.i Poor's)

Production: Bituminous coal 3/,.....,.... ...thous

4/..1935-39-100..

>. of short tons., .mi I. of kwe-hr».

,.thous. of cars.. do

1956

Feb. 4

89.5 90

1,658 1,513

30,223

25,248 18,834

484

57,607 2i,446 84,694 28,822 26,290 8,154

273

3.28 322.0 369.5

1,626 11,540

167,272 7,081

2,444 #99.3

681 352

Feb. II

•III.9 •84.1 •98.3

•120.4 88.9

97 1,637 1,497

30,219 25,104 18,773

533

57,048 21,460 84,130 28,499 26,211 8,162

236

3.28 321.6 369.3

1,692 11,343

160,967 7,046

2,439 #99.1

684 354

1957

Jan. 19

116.7 88.9 104.1 124.9 92.3 100

1,837 1,705

31,108 25,954 19,300

525

58,523 22,329 86,503 26,823 30,595 8,831

278 4.05

334,0 388.1

1,654 12,556

167,912 7,431

2,467 96.4 657 336

Jan. 26

117.0 89.2 104,5 125.2 91.3

96 1,865 1,729

30,827 25,636 19,342

559

58,296 22,362 85,583 26,330 30,349 8,807

258 4.03

330.8 383.9

1,695 12,410

168,329 7,396

2,472 96.6 666 340

Feb. 2

116.9 89.4 104.3 125.2 90.7

94

30,607 25,087 18,918

309

58,076 22,401 85,297 26,101 30,260 8,790

320 4.01

330.2 382.4

1,463 12,322

163,504 7,422

2,498 97.6 648 344

Feb. 9

116.8 88.9 104.4 125.1 89.7

30,595 25.146 18,920

378

4.01 322.8 372,9

•69,883

2,485 97,1

\_l Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning February II, 1957: Production, 2,469 thous. short tons; operating rate, 96.5 percent. • Monthly index for January 1956. # Not comparable with'$957 rates, which are based on higher capacity.

MONTHLY BUSINESS STATISTICS

ITEM 1955

December

1956

January October November December

1957

January

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, unadjusted:

A11 commod i t i es 1947-49= 100. Crops e do. •. Livestock and products ,..,,do,..

Indexes of volume of farm marketings, unadjusted: A11 commodities do,..

Crops ...••• .do... Livestock and products do...

COMMODITY PRICES RetalI price:

All commodities (U.S.Dept.of Commerce index)..1935-39=100.

DOMESTIC TRADE A 11 retaiI stores:

Estimated sales (unadjusted), total U mil. of dol. Durable-goods stores:

Automot i ve group do... rurniturc and app!!?nc

MONTHLY BUSINESS STATISTICS — Continued 3

ITEM

DOMESTIC TRADE - Continued All retail stores - Continued Estimated inventories:

Firms with II or more stores, estimated sales:

Department store sales, United States total:

Wholesale trade:

Inventories, estimated (unadjusted), total

EMPLOYMENT AND WAGES

Labor force (Bureau of the Census):

Employees in nonagricultural establishments: Total, unadjusted (U. S. Department of Labor).....

Production workers in manufacturing industries: Tota 1

Lumber and wood products (except furniture)...

Apparel and other finished textile products...

Printing, publishing, and allied products

Manufacturing production-worker indexes:

Hours and earnings: Average weekly hours per worker, all manufacturing

FINANCE

Consumer crediT ishorT- ana iniwimeuists tsrrr;}:

installment credit extended and repaid:

of dol.. ...do.... ...do.... ...do....

...do....

...do....

...do....

-49=100.. ...do....

of dol.. ...do.... ...do.... .•.do..o• ...do.... ...do....

ousands.. ...do.... ...do.... ...do.... ...do....

••.do..•. ...do..,.

...do....

...do....

...do....

...do....

...do....

...do.... ••.do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... ...do....

...do....

...do....

...do....

...do.... ••.do.... ...do...,

...do....

...do.... -s«dosses ...do....

-49=100..

...do....

..hours..

...do....

...do.... dollars.. ...do.... ...do....

...do....

...do....

of dol.. ...do....

...do....

1955

December

22,440 10,410 12,030 23,900 11,230 12,670

4,029 2,916

212 123

10,180 3,410 6,770 12,290 6,080 6,210

66,592 64,165 5,884 58,282 2,427

51,996 17,027

783 2,756 4,161 11,849 2,243 5,853 7,324

13,451 7,838

87 654 325 474

1,141 928

1,250 868

1,471 231

5,613 1,079 101

1,000 1,122 465 545 556 171 231 346

108.7 108.3 163.7

41.3 42.0 40.4 79.71 86.52 70.30 1.93 2.06 1.74

38,648 29,020

3,785 3,034

1956

January

22,790 10,870 11,920 24,080 11,390 12,690

2,449 2,936

95 124

9,360 3,120 6,240 12,480 6,280 6,200

65,775 62,891 5,635 57,256 2,885

50,284 16,842

777 2,588 4,083 10,920 2 23° 5^803 7,033

13,260 7,751

87 635 322 468

1,141 913

1,261 854

1,449 230

5,509 1,022

95 991

1,105 458 538 556 171 230 345

107.2 108.0 159.1

40.7 41.2 39.9 78.55 84.87 69.83 1.93 2.06 1.75

37,848 28,886

2,885 3,019

October

24,000 9,920 14,080 23,320 10,090 13,230

3,114 3,029

128 122

11,690 3,950 7,740 13,500 6,630 6,870

68,082 66,174 7,173 59,000 1,909

52,455 17,222

812 3,30! 4,177 11,288 2,3!2 6',045 7,298

13,439 7,751

82 664 322 484

1,132 911

1,264 914

1,319 237

5,688 1,226 110 952

1,091 468 564 554 175 220 328

108.7 107.1 168.7

40.7 r4l.4 39.8 82.21 89.01 72.83 2.02 2.15 1.83

40,196 30,811

3.382 3,278

November

24,750 r10,450 r14,300 r23,490 r10,420 r13,070

3,337 3,132

158 131

rl1,160 r3,670 r7,490 r13,640 r6,590 7,050

67,732 65,269 6,192 59,076 2,463

r52,484 rl7,l5l

r8ll r3,i9l r4j70 r11,496 r2.3l3 r6,OIO r7,342

r13,353 r7,802

r82 r634 318 r479

rl,J32 r9ll

r1,273 r9l8

r1,402 237

r5,55l r1,131 rIOl r949

r1,088 467 564

r550 rl75 r!99 r327

r108.0 r107.1 rl67.7

40.5 41.2 39.6 82.42 88.99 73.26 2.03 2.16 1.85

40,63 i 31,024

3,387 3,174

December

22,360 9,910 12,450 23,800 10,690 13,110

4,136 3,! 39

r223 rl29

10,570 3,410 7,160 13,310 6,540 6,770

67,029 64,550 5,110 59,440 2,479

r53,134 r!7,l29

r8ll r2,998 r4,l69 rl2,09l r2,308 5,972

r7,656

rl3,3l6 r7,798

83 604

r3l8 r473 j

r1,137 910

r1,286 r904

r1,449 236

r5,5l8 r1,082

r97 r943

r1,090 r469 r568 552 r!74 r2l6 r328

r107.7 r107.3 r170.9

41.0 41.9 39.8 84.05 91.34 74.03 2.05 2.18 1.86

4' °63 3U552

3,735 3,207

1957

January

p96 | pl26

65,830 62,890 4,943 57,947 2,940

p51,297 p16,935

p80l p2,754 p4,J24 pi 1,182 p2,297 p5,9l2 p7,292

p13,117 p7,709

p82 p575 p3ll p457

pi,137 p90l

pi,290 p89l

pi,447 p235

p5,408 pi,030

p89 p932

pi,062 p466 p56l p548 pl73 p2l7

f p329

p106.0 p106.8 pi 65.1

p40.2 P4I.0 P39.0 P82.4I p89.38 p72.54 p2.05 P2.I8 pl.86

£/ Revised. 2./ Preliminary, U Except ordnance, machinery, and transportation equipment. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

FINANCE - Continued

Consumer credit (short- and intermediate-term) - Continued Installment credit extended and repaid - Continued

Federal Government finance? Gross debt (direct), end of month, total••••.••••••••do,,..

Interest bearing, total a, a. # v. 0..,.... s a a....«„.,.do a...

Spec i a 1 i ssues, •••••••••••••••••••••••••••••••••. do....

Obligations guaranteed by U.S.Government, end of mo e 8do, e a o

TRANSPORTATION AND COMMUNICATIONS

Operations on scheduled airlines: Miles flown, revenue*,, ••••••••• ••••••••••thousands^. Express and freight ton-miles f lown,..OB ,.,, ••••..,oado,,.. Mail, ton-miles flown.•••••••••••••••••...•••••••••••do,••• Passengers carried, revenue.,.,.,, ••••••••••••••••••.do..,. Passengei—miles flown, revenue.,,,.,.,.,,.,..•,.,mi11 ions,.

LUMBER AND MANUFACTURES

Lumber (National Lumber Manufacturers Association): Production, total,,,,«,,,,,,,,.,,,,,.,,,,,,,, „mi 1, of bd, ft,.

Softwoods,•••••••••,•••••••••••••••••••••••••••••••do*••, S h i pments, tots I...,,,..•••,•••••••••••.••»•»,••••••• doe ., •

Softwoods*••••,,,••••«««•••••••••••••••••••.••••.•,do, • se Stocks, gross (mil! and concentration yards), total,.do,*«.

Softwoods, ...•.•.•.•••...•.••••...•.•....•...••... ,do,,,,

PAPER AND PRINTING

Paper, excluding building paper, newsprint, and paperboard: Orders, new J,/89e„S9

a , , . . , , * , .

® o a « < s s e © , » ©

s e s e e e s e s .

S 9 e # © e » e s «

« . , , , , « , , , e a ® « ® 0 , e e e

- - - - -

1957

January

, , , , , , » , , ,

276,229 273,698

| 228,367 45,331 2,531

107

@ e e , e , 0 , 8 .

«•«,«••••• • • • a , , , , , .

, ,, . .. , , ., ;...••••••••

© s o a s s a , ^ .

& , @ , , , , e a .

© e e s ® , ® , © .

» a « , o e © « o .

, © , , 9 ® © , ® ©

••••••••••

• • e , , , , , , ,

• « • • « « , « • • •..•••,,,, • ••••••• • •

o o o e o o o e o o

9 S 3 8 » » 6 6 6 8

! e ® , © , , © , , ©

1 e e a e , , e , a «

a , , , , , , , , .

, « , , , « » , , •

• 8 6 , , © , , , ©

• « « , , » , » , . • . . . , , . 9 8 ,

a s , a s , ® , a .

••••••••••

Bl9e ,,,,.,, ,,,,,,,,,»

r/ Revised. *'Data are for October 1955. *^ Data are for November 1555, ±/ Beginning January 1956, data exclude estimates for "tissue paper.'*

3 B, JL3 3

UNITED STATES GOVERNMENT PRINTING OFFICE

DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C.

OFFICIAL BUSINESS

FIRST CLASS

PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis