october 16, 1959 business statistics 16, 1959 statistics a weekly supplement to the survey of...
TRANSCRIPT
BUSINESS October 16, 1959
STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to t h e SURVEY OF C U R R E N T BUSINESS, a t $ 4 . 0 0 annual ly , th is S u p p l e m e n t provides selected
weekly and monthly data subsequent to those published in t h e latest month ly SURVEY
SELECTED BUSINESS INDICATORS
Index,l941-43 = I0
8 0
7 0
PRICES OF 425 INDUSTRIAL STOCKS (Wednesday close)
Monthly
6 0 h
5 0
4 0
3 0 InJ | f 1 I | I » » » » .- I » I I » 1 1 I 1 I » 1 » t I I 1 I » 1 -1 t I t 1 » I I 1 I I I 1 » 1
S956 1957 !958 1959
Index, I94l -43«I0
[ 8 0
Billion Dollars
2 0 SALES OF RETAIL STORES (seasonally adjusted)
T Tofal
Nondurable Goods
l Durable Goods
I I I I I 1 I I I I I I I I I I I I I I I I I I I I I I 1 I I I I I I I I I I I I M I I
1956 1957
Index, 1947-49= 100
1958 1959
2 0 0
1 7 5
1 5 0
125
1 0 0
7 5
MANUFAC PAYROLLS
°°<*v^r
TURING EMPLOYMENT & (production workers)
Payrolls *^
_ Employment
\
-LLJLLLLUJLJLL .JJ-LLLLLLLLL,
KX
JJJLJJ-LL.LLLL,
/ V 1
J
T * * * ^ * * * * |
j j j j j J j J U L i i l
1956 1957 1958 1959
Index, 1 9 4 7 - 4 9 = 100
180
160
1 4 0
120
DEPARTMENT STORE SALES & STOCKS (seasonally adjusted)
Stocks
Sales
IOO l i i i M I i i i i i l i i M » I i n i »1 i i i i i I i m i I i i i i i I i i H I
1956 1957 1958 1959
Dollars
2 . 4 0
2 . 2 0
2 . 0 0
1.80
1.60
1.40
Hours
5 6 MANUFACTURING HOURS & EARNINGS
Average Hourly Gross Earnings
(left scale)
Average Hours Per Week (right scale)
U l 1 I 1 I 1 i I I I 1 I I I I I I M I I I I I I N I I I I I I I I I I I 1 I I I I J
H 52
H 4 8
4 4
4 0
36 1956 1957 1958 1959
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
2 WEEKLY BUSINESS STATISTICS1
ITEM
Commodity p r i c e s , wholesa le :
F i nance: Currency in c i r c u l a t i o n 4 / m i l . of d o l . . Federal Reserve bank c r e d i t ou ts tand ing , t o t a l 4 / d o . . . .
Report ing member banks (o f r .R.System) in leading c i t i e s : 5 /
Commercial and i n d u s t r i a l loans (gross) d o . . . .
Stock p r i c e s , 500 stocks ( S t a n d . A Poor 's ) _ 5 / . . . 1941-43=10. .
Product ion:
E l e c t r i c power, by u t i l i t i e s m i l . of k w . - h r . . Motor veh ic les ( c a r s , t r u c k s , coachos) number..
1958
Oct . 4
8 5 . 6 145
1,915 1,740
301
31,217 26 ,275 18,234
460
60 ,118 30,164
101,338 34 ,103 30,531 10,982
4 . 4 3 4 9 . 9 8 53 .51
1,444 12,111 50 ,157
7,014
1,901 #70.4
678 335
Oct . I I
• I I 9 . I * 9 3 . l
• l l l . l * 126.2
8 5 . 9 147
1,870 1,700
271
31,352 26 ,519 18,318
565
59 ,773 30,191
101,97.7 34,695 30 ,473 11,047
4 .44 51 .06 54.71
1,495 12,067 46 ,722
6 ,874
1,933 # 7 1 . 6
686 j 335
1 1959
Sept . 19
119.6 8 8 . 9
107.8 128.3 8 6 . 5
158 1,347 1,181
264
32,197 28,834 18,653
496
61 ,133 30 ,678
104,137 28 ,891 29 ,346 12,435
4 .81 56 .72 60 .87
1,297 12,779 82 ,587
6 ,823
356 12.6 578 311
Sept . 26
119.6 8 8 . 9
107.4 128.3 8 5 . 7
145 1,322 1,158
282
31,984 29 ,016 18,819
566
60,23? 30 ,723
103,387 28 ,358 29 ,374 12,462
4 .85 55 .82 59 .91
1,299 12,878
114,101 6 ,858
362 12.8 587 317
Oct . 3
119.2 8 6 . 9
106.8 178.4 8 6 . 0
147 .
224
31 ,809 28 ,403 18,394
254
60 ,157 30,741
103,540 28 ,118 7.9,478 12,451
4 .87 56 .88 6 0 . 9 9
1,274 13,234
127,752 6 ,825
362 12.8 573 311
Oct . 10
119 1 8 6 . 4
106.2 128.4 8 5 . 6
31 933 28 ,623 18,636
493
4 . 8 8 56 .94 60 .96
141,260
J./ Data do not always cover calendar weeks. 2/ Tuesday prices. .3/ Includes data for Alaska and Hawaii, and for the following programs: State; R.R.; Federal employees; veterans; and ex-sorvicomon. 4/ Daily average. 5/ Wednesday data. 6/ Weok baninning October 5, 1959: Production, 365 thous. short tons; operatinq rate, 17.9 percent. * Monthly index for September 1958. # Rased 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
ITEM
GENERAL BUSINESS INDICATORS
Farm income and market ings: Cash r e c e i p t s from farming, inc lud ing Government
Indexes of cash r e c e i p t s from marketings and CCC unadjusted:
Al I commodities 19*
Indexes of volume of farm market ings , unadjusted
DOMESTIC TRADE A l l r e t a i 1 s t o r e s : -!•'
payments, • ot d o 1 • .
. . . . d o . . . .
. . . . d o . . . .
. . . . d o . . . .
. . . . d o . . . .
. . . . d o . . . . loans,
17-49=100. . . . . . d o . . . . . . . . d o . . . .
. . . . d o . . . .
. . . . d o . . . .
. . . . d o . . . .
1 . of d o l . . d o . . . . d o . . . . d o . . . .
d o . . . . d o . . . . d o . . . .
d o . . . . d o . . . .
1958
August
2 ,952 2 ,789 1,257 1,532
369 P70 275
115 117 112
127 132 123
17,000 5,361 2 ,789
872 1,005
11,639 <?54 559
1,406 4 ,360 1,448 1,768
September
3,604 3,357 1 1,567 1,770
357 1,105
292
137 146 130
147 160 138
16,376 5,08C 2 ,447
850 1,038
11,746 1 1,047
538 1,776 4 ,068 1,346 1,781
1959
June
2 ,336 2 ,308
819 1,489
398 853 207
95 76
109
108 80
129
18,708 6 /J26 3 ,880
1 978 I J 3 8
11,882 1,077
58? ! , 372 4 ,771 1,450 1,879
July
2 ,676 2 ,582 1,116 1,466
385 829 230
106 104 108
121 114 128
18,332 6 ,419 3 , ' ; /9
! 9 !6 1, 135
11,913 <?'. •:;79
1 ,458 4 , 4 8 i 1 , ' • > • • ' • '
August
2 ,605 2 ,573 1,132 1,441
376 817 229
106 106 106
118 NO 124
r18 ,054 r 6 , 2 4 0 r 3 , 4 l 0
r942 1,092
r11 ,014 r<:58 r587
! . - i p 458 r4 ,?95 r 1 , 5 0 4 r l ,P .43
September
17,541 5 ,748 2 ,950
919
11,793 ! , I 0 2
578 1,395 4 ,197 ! , 396
| 1,916
r Revised. J/ Data for September 1959 are advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONTHLY BUSINESS STATISTICS —Continued 3
ITEM
DOMESTIC TRADE - Continued
All retail stores J./- Continued Estimated sales Tseasonally adjusted),total...mi I. of dol
Durable goods stores do.. Automot i ve group do.. Furniture and appliance group do.. Lumber, building, hardware group do..
Nondurab le goods stores do.. Appare I group do.. Drug and proprietary stores do.. Eating and drinking places do.. Food group do.. Gasoline service stations do.. Genera I merchand ise group do..
Estimated inventories: Unadjusted, totaI do..
Durab le goods stores do.. Nondurab le goods stores do..
Adjusted, tota I do.. Durab le goods stores , do.. Nondurab le goods stores „ do..
Retail firms with 4 or more stores: Fs+imated sales (unadjusted), total do..,
Retail firm*; with II or more stores: Estimates sales (unadjusted), total do..,
Appare I qroun do.., Drug and proprietary s+oros do.., Fatinq and drinking Blaces do.., Furniture, homefurnishinqs stores do.., General merchandise group do.., Grocery stores do.., Lumber, bui Idinq-mater ials dealers do... Tire, battery, accessory stores do..,
Estimated sales (seasonally adjusted), total do... Appare I group do... Drug and proprietary stores do... Eating and drinking places do... Turniture, homefurnishings stores do... General merchandise group do... Grocer y 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... Durab le goods estab I i shments do...
Nondurable goods establishments do...
EMPLOYMENT AND WAGES
Labor force (U. S. Department ot labor): Civilian labor force, total thousands.
Emp loved do_ _ Agr icu Itura I emp Ioymerit do. Nonagr icu Itura I emp lovment do!!!
Unemp loyed !...!!!!do!!! Employees in nonagricuIturaI establishments (unadjusted):
T o + a • thousands. Manu f actur i no do. Mining ! ! ! ! ! ! ! ! ! ! ! ! d o ! ! ! 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: T o t a l d o #
Durable goods indust r ies 2 / d o . . . Ordnance and accessories d c . . . Lumber and wood products (except f u r n i t u r e ) d o ! ! ! Furn i tu re and f i x t u r e s d o . . . Stone, c l o y , and glass products d o . ! ! Primary metal indus t r i es d o . ! ! f a b r i c a t e d metal products 3 / ! d o ! ! ! Machinery (except e l e - t r i c a l ) ! ! ! ! ! ! ! ! ! ! ! d o ! ! ! E l e c t r i c a l machinery d o ! ! ! T ranspor ta t ion equ i pment ! ! ! ! ! ! ! ! ! ! d o ! ! ! Instruments and r e l a t e d products ! ! ! ! ! ! ! ! ! ! d o ! ! !
Nondurable goods industr ieu £ / d o . . . , Food and k i ndred products d o ! ! * Tobacco manufactures d o ! ! ! ! T e x t i l e m i l l products d o ! ! ! ! Apparrel and other f i n i s h e d t e x t i l e products d o . ! ! ! Paper and a l l i e d products d o . . . ,
£ / Revised. £ / P r e l i m i n a r v . J . / Data for Seoterber 1959 ordnance, n-nchinorv, and 1ranr,por"t»stion ocsuioi-ent.
1958
August
16,060 5,215 2 ,703
891 919
11,645 1,094
551 1,755 4,152 1,340 1,916
23,510 10,430 13,080 73,860 10,660 13,200
4,778
3,697 210
92 80 39
1,106 1,608
75 79
3,771 250
97 75 39
1,201 1,557
66 75
M . 3 4 .1 7 .2
11.7 6 .1 5 .6
70,067 65,367
6,621 58,746
4 ,699
50,576 15,462
708 2,955 3,897
11,011 2,413 6,15? 7,678
11,645 6,339
67 581 301 130 36/1 788 977 734
1,0*4 199
5,306 1,17?
86 055
l,!>44 4*2
September
16,563 5,095 2 ,600
858 926
11,468 1,042 563
1,221 4,169 1,338 1,817
23,680 10,110 13,570 23,680 10,480 13,200
4,128
3,566 239 90 74 41
1,112 1,461
75 69
3,685 237 94 71 43
1,134 1,555
64 73
M.9 4.4 7.5 M.7 6.1 5.6
66,740 64,629 6,191 58,438 4,111
51,237 15,755
711 2,927 3,886 11,151 2,392 6,472 7,943
11,940 6,579
68 590 310 438 897 822
1,007 76?
1,100 705
5,361 1,178
96 860
1,055 447
1959
June
18,189 6,162 3,476 936 991
12,027 1,100 596
1,312 4,300 1,388 1,961
r 2 4 , 6 4 0 11,830
r l 2 , 8 I O r 2 4 , 8 0 0
11,660 r 1 3 , 1 4 0
4,398
3,832 256
99 83 39
1,174 1,572
82 89
3,897 253 101 80 40
1,233 1,610
72 77
12.8 5 .1 7 .7
12.4 6 .7 5 .7
71,374 67 ,342
7,231 60 ,111
3,982
57 ,580 16,455
713 2 ,986 3,944
11,352 2,442 6 ,623 8 ,065
17,574 7 ,248
73 624 321 466
1,067 866
1,167 833
1,724 274
5 ,776 1,030
70 883
1,068 453
July
r 1 8 , 2 9 6 r 6 , 1 6 0
3,454 929
1,009
r l 2 f 1 3 6 r l , l 3 3
597 1,325
4 , 2 8 9 1,404
r 2 , 0 3 0
r 2 4 , 6 4 0 r 1 1 , 8 7 0 r 1 2 , 7 7 0 r 2 5 , 0 7 0 r 1 1 , 8 0 0 r 1 3 , 1 9 0
4 ,316
3 ,778 207 100 88 36
1,063 1,679
82
r 3 , 9 8 4 266 102 r 8 3
39 r 1 , 2 8 9
1,619 72 80
12.7 4 . 9 7 . 8
12.4 6 . 7 5 .7
71 ,338 67 ,594
6,825 6 0 , 7 6 9
3,744
r 5 2 , 3 4 3 r l 6 , 4 I O
r 7 I O r 3 , 0 3 5 r 3 , 9 4 9
r I 1,324 r 2 , 4 7 5 r 6 , 6 0 3 r 7 , 8 3 7
r 1 2 , 4 3 3 r 7 , l 6 l
r72 r627
320 464
1,038 r847
r I , 149 r836
r 1 , 2 0 7 721
r 5 , ? 7 2 r 1 , 0 6 2
67 r872
1,048 r449
August
16,110 r 6 , 0 9 5
3 ,350 952 988
r l 2 , O I 5 1,096
600 1,296 4 ,305 1,392 1,989
24,530 11,360 13,160 24,880 11,690 13,200
4,298
3,777 215 98 87 39
1,164 1,580
81 86
3,972 254 103 81 39
1,273 1,635
71 82
12.2 4.7 7.5 12.4 6.6 5.9
70,667 67,241 6,357
60,884 3,426
r52,054 r16,172
r633 r3,101 r3,922
rI 1,353 r2,472 r6,589 r7,8l?
r12,181 r6,696
r72 r627 r323 r467 r625 r832
rI,141 r849
rI,137 r224
r5,485 rl,l69
r90 r887
r i, 101 r453
are ad-.anco e s t a t e s . 2/ Includes data for industries not shown. 3/ Fxcept Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
4 MONTHLY BUSINESS STATISTICS — Continued
ITEM j
EMPLOYMENT AND WAGES - Continued
Production workers in manufacturing indust r ies - Continued Nondurable qoods i n d u s t r i e s 1 / - Continued
P r i n t i n g , p u b l i s h i n g , and a l l i e d i n d u s t r i e s . . . t h o u s a n d s . .
Manufactur ing production-worker indexes:
Hours and earn ings: Average weekly hours per worker , a l l manufac tur ing . .hours . .
Average weekly gross ea rn ings , a l l m a n u f a c t u r i n g . . d o 1 l a r s . .
Average hour ly gross ea rn ings , a l l manufacturing d o . . . .
Lumber and wood products (except f u r n i t u r e ) d o . . . .
Apparel and other f i n i s h e d t e x t i l e products d o . . . .
P r i n t i n g , p u b l i s h i n g , and a l l i e d products d o . . . .
Products of petroleum and coal d o . . . .
LUMBER AND MANUFACTURES
Lumber (Not iona l Lumber Manufacturers A s s o c i a t i o n ) :
S o f t w o o d s . • • • • . • . • . • • • • • . • . • . . . . • • . • • . . • • • • • • • • • • • . d o . . . .
S o f t w o o d s . • • • • • • • • • • • • • . • . • • • • • • . • • . • • . . . . . • • . . • . . . d o . . . .
TRANSPORTAT1 ON EQU1 PMCNT
Motor v e h i c l e s , f a c t o r y seilcs, t o t a l . . . n u - b e r . .
Doinest i c . . . . . . . . . . . . . . . . . . . . . • . . . • • • • • • • • • • • • • d o . . . . Trucks, t o t a I . . . . . . . . • • • • • • - • . d o . . . .
uomesT i C n a i n i t i i i i i i i i • • • • • • • • • • • • m i o o . . . .
1958
August
542 504 157 18! 323
94 .1 93 .2
150.0
3 9 . 6 3 9 . 8 39 .4
84 .35 91 .14 76.04
2 . 1 3 2 . 2 9 1.91 2 . 1 6 2 . 7 0 2 . 2 9 2 . 3 8 2 .14 2 .55
1.93 1.97 1.51 1.52 2 . S3 2 . 6 0 2 . 3 4 2 . 7 3 1.56
3 ,056 2 , * 6 I 3 ,103 2 ,533 9 ,070 5,568
250,460 765 759
194,974 192,770 55,271
[ 47 ,030
September
548 511 158 188 321
96 .5 9 4 . 8
155.7
3 9 . 9 4 0 . 2 39 .5
8 5 . 3 9 92 .46 7 7 . 0 3
2 . 1 4 2 . 3 0 1.94 2 .16 2 . 7 3 2 . 2 9 2 . 3 9 2 . 1 6 2 .55
1.95 1.99 1.51 1.53 2 .14 2 .62
I 7 .34 7 .76 1.58
3 , 143 7 ,524 3, 195 7 ,621 9 ,018 5,471
149,756 716 71?
107,687 98 ,009 46 ,353
1 y.t 232
June
555 527 160 196 334
101.3 101.9 I7/S.4 1
4 0 . 7 4 1 . 4 3 9 . 8
91 .17 99 .36 79 .60
7.74 7 , 4 0 1.99 2 .71 2 .84 7 . 5 8 7 . 5 0 2 . 2 2 2 . 6 6
2 . 0 0 2 . 0 9 1.58 1.50 2 . 2 0 2 . 7 0 2 .42 2 . 8 8
I l . 6 i
3 ,216 7 ,617 3,217 2 , 6 5 9 8 ,788 5,181
674 ,689 767 747
554,878 540,660 119,54/-
I 100,A62
1959
July 1
r552 527
r l 5 8 r203
335
r 1 0 0 . 5 r 1 0 2 . 0 r 1 7 0 . 2
r 4 0 . 2 r 4 0 . 5
3 9 . 8 r 8 9 . 6 5 r 9 6 . 8 0
8 0 . 0 0 2 . 2 3 2 . 3 9 1.98 7 .22 2 .81 2 .37 2 . 5 0 2 . 2 2 2 . 6 6
2 .01 r 2 . 0 9
1.58 1.51 2 .21
r 2 . 7 l 2 . 4 4
r ? . 8 9 L 5 9
3 , ! 36 2 ,513 3 , 146 2 ,608 8 ,782 5 ,100
663,444
233 209
| 548,574 54 1,458 114,687 92 ,186
August
r558 r534 r 151 r204 r339
r 9 8 . 5 r 9 7 . 5
r 1 6 5 . 0
4 0 . 5 4 0 . 9 4 0 . 0
88.. 70 96 .12 ' 8 0 . 0 0
2 . 1 9 2 . 3 5 2 . 0 0 2 . 2 2 2 .64 2 . 3 8
r 2 . 5 0 r 2 . 2 2 r 2 . 6 9
2 . 0 0 r?..06 r l . 5 9
1.52 ?..??. 2 .71
r 2 . 4 4 r 2 . 8 4
1.60
3,171 2 ,528 3,137 2 ,530 8 ,816 5 ,099
315,983
82 1 58
255,831 752,556 60,070 47,88?
September
p566 p537 D I 5 0 p708 D337
P99.6 p97.8
p167.9
p40.4 P40.7 p39.9
P89.28 P96.05 D80.60 P2.2I P2.36 pl.99 P2.23 P2.65 P2.39 P2.50 P2.23 P2.7?
P2.02 07.06 pi.59 pl.53 P2.23 P2.73 p?..46 p?.90 n l .6 !
L . . . . . . . . .
r_/ Revised. j>/ Prel iminary. \j Includes data for industries not shown. 2/ except ordnance, •••achine'-y and t ranspor tat ion equipment.
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