April 19, 1957 BUSINESS STICS · BUSINESS °'»O^SES?^' April 19, 1957 STICS A WEEKLY SUPPLEMENT TO...
Transcript of April 19, 1957 BUSINESS STICS · BUSINESS °'»O^SES?^' April 19, 1957 STICS A WEEKLY SUPPLEMENT TO...
BUSINESS °'»O^SES?^'
April 19, 1957
STICS 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
THOUSAN0S
1,200
1,000
8 0 0
6 0 0
4 0 0
2 0 0
PASSENGER CAR AND TRUCK PRODUCTION (United States plants)
/I V^v / \ V j l L 1 1 1 -1 1 1 1 1 1 L^
J SA V i i i i i I i i i i i
\
^sP v
Monthly
-
fK V *
i i i i i 1 i i i i i 1
1957
1956
J - l - J 1 1-
THOUSANDS
250
200
i I I I I 0
150
100
-\ 5 0
1954 1955 1956 195? J F M A M J J A S O N D
INDEX, 1 9 4 7 - 4 9 = 100
180
160
140
120
100
TOTAL INDUSTRIAL PRODUCTION (F. R. B. seas. adj. index)
—
ana. j ^
1 ' I I 1 1 ' ' 1 1 j | | | | | | - L I 1 1 1 1 1 1 1 1 i •
H
-j
1
_L.I 1 1 1 1 1 1 1 1 1 1
1954 1955 1956
INDEX, 1 9 4 7 - 4 9 = 100
130
I 20
I 10
100 h
WHOLESALE PRICES _ Commodities Other Than ' Farm Products 8 Foods
ALL COMMODITIES
n \ Sl Farm Products
/
90 h
8 0 tp, I M I I I I L L l J I I I I I I JL I I ,1 I i I i M n I i i i t i I i i i i i
S957 1954 S955 1956 1957
INDEX, 1 9 4 7 - 4 9 = 100
200
175
150
125
soo
MANUFACTURING EMPLOYMENT & PAYROLLS (production workers)
Payrolls
7 5 Li 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 i I i t i i t I i i i I l
1 9 5 4 S 9 5 5 S 9 5 6 1 9 5 7
DOLLA
2.40
2.20
2.00
1.80
1.60
1.40
MANUFACTURING HOURS & EARNINGS
Average Hourly Gross Earnings
( l e f t scale)
U±J-
Average Hours Per Week (right scale)
1 I i i | I M i I I i i I I i I I i I i i I i I i
HOURS
56
52
i i I i i i i i 1 i n i i I i i i i
48
44
40
3 6
1954 S955 1956 S957 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
2 WEEKLY BUSINESS STATISTICS1
ITEM
Commodity prices, wholesale:
A11 other
Finances
1947-49-100.. do....
............do....
do....
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.
Commercial, industrial, and agr. loans
Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's)
Production:
Electric power, by uti1ities.,.,...,,..».«
Petroleum (crude) and condensate 3/.,.,,,<
Stee 1 1/. thoi
......do.... leading cities: 47
. . . . e . . . . . . . O O . . . .
do.... (gross)....do..,.
do....
4/...1941-43=10.. do....
s. of short tons.. •,mil, of kw.—hr.«
•••thous. of bb1,,
is, of short tons..
1956
Apr. 7
90.9 104
1,493 1,377
30,321 25,658 18,860
538
55,392 21,640 85,454 27,852 27,578 8,344
217 3.35
48.80 52.23
1,635 10,846
157,531 7,171
2,406 #97.7
685 370
Apr. 14
*II3.6 *88.0
*I00.4 *I2I.6
91.9 114
1,488 1,381
30,300 25,481 18,917
633
56,211 21,607 85,447 27,696 27,683 8,377
255 3.39
48.31 51.71
1,656 10,918
160,160 7,156
2,483 #100.9
742 380
1957
Mar. 23
88.8 113
1,665 1,539
30,589 25,158 19,204
603
55,704 23,020 86,747 25,990 31,579 8,746
318 3.97
]: 4 4 . 10 1 46.99
1,723 11,723
161,866 7,818
2,392 93.5 666 355
Mar. 30
88.6 112
1,611 1,448
30,502 24,930 18,971
594
55,472 23,067 85,604 25,164 31,443 8,740
290 3.96
44,09 46.97
1,762 11,694
152,712 7,786
2,364 92.4 695 361
Apr. 6
117.0 89.2 104.0 125.4 88.5 113
30,588 25,165 18,868
342
55,118 23,157 87,253 26,635 31,322 8,691
231 3.96
44.54 47.47
1,606 11,693
154,214 7,600
2,319 90.6 644 344
Apr. 13
117.2 90.2 104.7 125.3 89.2
30,65' 1 25,400 19,088
549
....
308 3,95
44.98 47.99
151,17:
2P3I(
>
) 90.3
±/ Data do not always cover calendar weeks, 2/ Tuesday prices, 3/ Daily average. 47 Wednesday data; S&P's index on revised basis. j>/ Week beginning April 15, 1957: Production, 2,297 thous, short tons; operating rate, 89,7 percent. *Monthly index for April 1956, #Not comparable with 1957 rates, which are based on higher capacity,
MONTHLY BUSINESS STATISTICS
ITEM 1956
February March December
1957
January February March
GENERAL BUSINESS INDICATORS
Personal income, by source, seasonally adj., at annual rates: Total personal income ....••••. bil. of do I.,
Wage and salary disbursements, total. do..., Commod i ty-produc i ng i ndustr i es do..., Distributive industries... .do.•., Ser v Ice i ndustr ies. do..., Government. «••••* do.. •,
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,,., Industrial production (FRB): Unadjusted, combined index, 1947-49== 100.,
Manufactures, ...,.«••.••.•• •••• .do. • •, DurabIe manufactures,...»..,..,,.•,»,,,.,..,,....do,,.,
Primary metaIs ........... .do..., Metal fabricating (including ordnance),. do...,
Fabricated metal products..0 .do..., Mach i ner y, 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 manu f actures ..„,... .....do...,
Nondurable manufactures. do,•., Printing and publishing do..., Petroleum and coal products.,, ..do...,
Minerals....*..,. ,,,,do,,., Coa!...., .•..»•• ,...,do..., Crude o i l and natural gas do»«.
r / Revised. j>/ Prel iminary. 3fc,3?6
317.1 218.9
94.7 57.9 29.5 36.8
7.2 49.7 28.7 18.3 5.7
301.5
144 146 161 152 172 134 168 205 161
123 121 150 145
131 130 143 127 88 15!
318.6 220.3
95.1 58.4 29.6 37.2
7.2 49.5 28.8 18.5 5.7
304.0
143 145 161 152 S7I 134 168 202 161
122 119 153 142
130 135 142 127 86
334.0 232.9 102.3 60.9 31.3 38.4
7.4 51.2 29.2 19.3 6.0
318.8
144 146 166 142 183 139 177 225 175
125 104 156 145
125 142 145 129 83 S55
335,0 232.7 101.2 61.5 31.3 38,7
7.5 51.3 30.6 19.6 6.7
319.7
145 146 164
r l 4 6 181 136 175 224
r ! 7 3
118 104
r l 4 8 136
128 136
r l 4 8 130 84
r ! 5 7
r 3 3 6 . 6 r 2 3 3 . 7
101.9 r 6 l , 5 r 3 l , 4
38,9
7,5 51.5
r30.7 19.9 6.7
r 3 2 l , 3
147 149
r l 67 r l 49
183 137 177
r228 r l 7 4
119 M I 3
151 r l37
131 139
r !46 r !30
86 r!55
337.6 234.2 101.9 61.8 31.5 39.0
7.5 51.5 30.9 20.2 6.7
322.2
pl48 p!50 p!67 p!45 pl83 p!38 pl77 p227 p!78
PII9 pl!6 p!55 p!38
p!33 p!43 p!42 PI33 p88
p«59 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONTHLY BUSINESS STATISTICS — Continued 3
ITEM
GENERAL BUSINESS INDICATORS - Continued
Industrial production (FRB) - Continued Adjusted, combined index. 1947-49=100,
Manufactures. ,, ..... « ...do... Durab le manufactures . v.. do...
Pr imary meta is.. do... Metal fabricating (including ordnance).........do...
Fabricated metal products.. ...••.. do... Mach i nery •••... do... Transportat5on equi pment ,. ,do«. s Instruments and related products ..do...
Furniture and fixtures.. ....do... Lumber and products ••.....• do.., Stone, clay, and glass products........ do... Mi see I laneous manufactures. .do...
Nondurab le manufactures do... Printing and publishing...... .do... Petroleum and coal products... do...
Minerals... do... Coa I do... Crude oi I and natural gas do...
Consumer durables output (FRB): Unadjusted index, total..... do...
Major consumer durables. do... Autos. • .do... Major house ho I d goods do...
Other consumer durab les do...
Adjusted index, total do... Major consumer durables do...
Autos ,.. do... Major household goods. ....do...
Other consumer durables. do...
COMMODITY PRICES
Wholesale price index, all commodities 1947-49=100. Farm products. do...
Fruits and vegetables, fresh and dried do... Grains ..••••••.. ...«.do... Livestock and live poultry.... do...
Foods, processed ..............o.. .do... Cereal and bakery products. do... Dairy products and ice cream. .do... Fruits and vegetables, canned and frozen do... Meats, poultry, and fish do...
Commodities other than farm products and foods do... Chemicals 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... Nonmetallic minerals, structural do... Pulp, paper, and allied products do... Rubber and products.... , do... Textile products end apparel ......do... Tobacco manufactures and bottled beverages... do...
CONSTRUCTION AND REAL ESTATE
New permanent nonfarm dwelling units started: Unadjusted: Total, privately and publicly owned.thousands.
Privately owned, total.. do... In metropolitan areas... ....do...
Pub I icly owned do... Seasonally adjusted at annua! rate:
Privately owned, total....... do...
DOMESTIC TRADE
All retail stores: ±/ Estimated sales (unadjusted), total ......mil. of dol.
Durable-goods stores: Automotive group........•» ....r...do... Furniture and appliance group....................do,..
Nondurable-goods stores: Appare I group , .do... Drug and proprietary stores. .do... Eating and drinking places ..do... Food group..,,.....„ do.., Gasoline service stations... ..do... Genera I-merchand i se group,,.«.,. ............do...
Estimated sales (seasonally adjusted), total... do... DurabIe-goods stores. •••• do... Nondurab I e-goods stores ...«•.. do,..
February
143 144 158 146 168 134 163 199 161
122 123 155 143 130 132 142 129 88 148
143 157 164 153 110
137 149 155 146 III
112, 86. 98, 82, 67, 99, 115, 106, 108, 76,
120.6 106.4 I I 1.2 118.2 97.1 126.7 133.9 145 127 125 147 96 121
r78.4 77.0 56.9 rl.4
1,127.0
13,686
2,812 757
667 451
1,041 3,446 983
1,271 15,346 5,354 9,992
1956
March
141 143 157 145 167 132 163 196 160
121 118 154 141 128 132 144 129 90 148
143 157 163 155 108
133 144 145 144 108
112.8 86 .6
106. 84. 67. 99,
115. 106. 108, 74,
121 106, 110, 118, 97,
128, 134, 146, 127, 126,8 146.2 95.9
121.7
98.6 93,9 69.6 4 .7
1,094.0
15,864
3,195 808
1,003 479
1,114 3,939 1,078 1,649
15,740 5,466 10,274
December
147 149 167 145 183 141 176 223 173
120 117 158 144 130 140 145 131 80 154
141 154 177 137 110
141 154 168 143 113
116.3 88 .9
102.6 88 .8 71.7
103.1 115.4 112.6 105.6 81 .5
124.7 108.3 114.0 121.2 99.2
121.0 143.6 152.3 131.3 128.0 147.9 95.6
123.6
r 6 3 . 6 62 .9 44.6
.7
1,020.0
19,532
3,122 1,194
1,694 632
1,201 4,204 1,182 3,033
16,491 5,814
10,677
January
146 147 164 144 180 137 173 221 rl73
118 114
rl55 140
rl3l 141
rl47 130 80 154
rl37 r!48 174
rl28 rl 10
r!37 rl47 169
rl29 rl!4
116.9 89.3 100.7 89.5 73.9 104.3 115,8 112.5 105.6 84.8
125.2 108.7 116.3 121.9 98.4 121.3 143.9 152.2 132.0 128.6 145.0 95.8 124.0
65.0 62.2 44.2 2,8
1,010.0
14,889
1957
February
146 147 164 143 180 137
rl7l 223 rl74
r 117 rl!4 156
rl36 rl3l 141
r!45 r!3l 86
rJ52
r!42 155 178 137
rl 12
137 147 167 131 114
117.0 88 .8 96.1 87 .0 75 .0
r103 .9 115.9 112.5 105.9 83 .9
125.5 108.8 119.6
M 2 I . 9 98.0
120.7 rl44.5 M 5 I . 4 r132.7
128,5 r 143.9
95.7 124.1
65.0 62.5 45 .0
2 .5
910.0
r14,193
2,996 776
785 488
1,096 3,838 1,137 1,328 16,439 5,706 10,733
r2,948 r754
r694 r467
r1,055 r3,6!5 r1,067 r1,276 r16,494 r5,742 r10,753
p i l l
pl34 PI4Z p!5<
r/ Revised. o/ Preliminary, 1/ March 1957 fiaures are advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
4 MONTHLY BUSINESS STATISTICS — Continued
ITEM February
1956
March December January
1957
February
EMPLOYMENT AND WAGES Labor force (Bureau of the Census)?
Civilian labor force o e s a o e e e so. 8# eofflaat,sa eoee<i>e thousands. Emp loyeds 9 e < . e s 6 e 9 S e 8 o e o s e s @ e a e e o e s s 9 f f l < s 9 S e e s e g e e « « 9 e e d o a s s
Agr i cu.l fur a S emp I oyment.,,.,..., ,, # #.... a....., #. doe.. Nonagr 1 cu I tur a! emp I oyment. .....«8 e. 8 s s.e 9..«e.,.do® s e
Unerrtp I oyed .8.*....oe.a.e90,S!.ee.s,.ee8.ei,<se<B«,9«,.ee.8 do« a . Employees in nonagrleu Itura I establishments!
Total * unadjusted (U. S 9 Department of Labor)@89.....do... Manufaetur i rig.•,,..,,,.,...,....,•.,,,.........•••,doe,, M i n i HCj » s © » 9 i s s o © © e 9 e « s s s e 9 8 6 o 0 s © o © o e © © « ® 3 ( ! > « > e « © e © e ® « ® O O o « ©
Contract construct Ion,..« e 6„ 9 e 8 e. 9« o 0 Oe S e® e e e*® aa O *do8,. Transportation and public utiSitles..••••••••••••••do... Wholesale and retail trade,8<)e8e....9868S>s>a.«eaea,8adoe<,e Finance, insurance, and real estate, •••••.«•••••'•, .do,.. Service and mlscelSaneous..«„...«.*«,,,..«,.••••••••••do,,, bo ver nmenT, 8.. © ® ... @.... ®. ®...,. ®. ®««, @»@ © @«a ® ®»<» ® G O &,©
Production workers In manufacturing industries?
DurabIe-goods sndustries,,,,.,.,,^,,,,,^,..,,.,,,,,do... Ordnance and accessories...8eoaa.88.8,...,,...„..do.e. Lumber and wood products (except furniture).e8a.edo08. Furniture and f ixtures,,*...... »8S88.............do... Stone, clay, and glass products«...*v...#.«.....ado.a# Primary metal industries,, ..«.«8.;.,9,»,,,ee.,e,.e9do.,. Fabricated metal products*»a«e..a.8<,s.eoa<seo..s.ado«»a8 Machinery (except electrical) , do„ e E Iectr icaI machIner y ........ a..«.9a.eo»0»...do8.8 Transportat i on equ s pment....a.,.,.,.,.,.....,....do,.. Instruments and related products......«,....88ae.doea8
Nondur ab le-goods i ndustr i es................9...... .do.. 8 Food and kindred products..8aa..... a9 .......do Tobacco manufactures,..... ••••••••.••••«•••doB9. Text!le-mi SI products,..•••••••••••••••••*«•«•••odo9a. Apparel and other finished textile products«a.9.ado,8. Paper and allied products,e8 • •••••, .•'-•«do«a. Printing, publishing, and allied products,,8......do... Chemicals and allied products. 8880 ,,,•••• ••••••,,do*,#-Products of petroleum and coal 99.«,„.....,,„ ee9...,do..e Rubber products• ,•••••••••.••••••••••••••• ;• ..do... Leather and leather products..,.. ••••••••••-•do...
Manufacturing production-worker indexes? Emp loymentt Unadjusted •.. • • • 1947-49= 100.
Adjusted ..,, aaa -., ado a ,. Payrolis, unadjusted, » ,.,... , ,do...
Hours and earnings: Average weekly hours per worker, ail manufacturing,,hours.
Durab Ie-goods industries , , •, a. a e a do... Nondur ab le-goods I ndustr ies ••••••• do..,
Average weekly earnings, all manufacturing,.a8a8..doi lars, Durab I e-goods i ndustr ies ,., do,.. Nondur ab I e-goods I ndustr ies. do,.,
Average hourly earnings, ail manufacturing,,,,,,,.,,,do,.. Durab I e-goods i ndustr ies ,•# a do,8, Nondur ab I e-goods i ndu str ies,... «... ,,,a do.„,
65,490 62,576 5,469 57,107 2,914
50,246 16,824
780 2,588 4,083 10,819 2,250 5,818 7,084
13,212 7,692
86 635 322 466
1,138 899
1,274 849
1,392 231
5,520 1,013
90 989
1,131 456 540 558 170 225 350
106.8 107.2 157.7
40.5 41.0 39.8 78.17 84,05 69.65 1.93 2.05 1.75
65,913 63,078 5,678 57,400 2,834
50,499 16,764
783 2,669 4,106 10,93! 2,265 5,859 7,122
13,125 7,621
84 619 318 472
1,130 893
1,281 842
1,354 231
5,504 1,021
82 981
1,116 457 545 566 172 221 344
106.1 106.4 157,9
40.4 40.9 39.6 78.78 84,25 70.49 1.95 2,06 1.78
67,029 64,550 5,110 59,440 2,479
53,131 17,133
811 3,029 4,180 12,092 2,308 5,976 7,602
13,312 7,791
83 607 318 473
1,133 909
1,289 907
1,439 236
5,521 1,082
98 942
1,088 470 566 552 173 222 329
107.6 107,2 170.9
41.0 41.9 39.8
84,05 91,34 74,03 2.05 2,18 1.86
1/65,821 1/62,578 1/4,935 1/57,643 1/3,244
r51,238 r16,937
-r804 r2,7!9 r4, 112
rll,l39 r2,294 5,918 r7,3!5
rl3,M7 r7,703
81 r573 r3t0 r46l
rl,l30 r906
r1,299 r892
r1,440 r234
r5,4!4 r1,027
r92 r929
r1,071 465 557 553
r!70 222 r327
r106.0 106.8
r!65«f
r40.2 r40.9 r39e2 r82.4l r89.!6 r72.9l 2,05 r2,!8 1.86
1/66,311 1/63,S90 1/5,195 1/57,996 "1/3,121
r5l,l99 r!6,922
r805 r2,724 4,103
rIS,062 r2,305 5,929 r7,349
r13,084 r7,680
r79 569
r3IO r458
rl,l20 r903
r1,308 r883
r1,439 r233
r5,404 r 1,005
88 r925
rl,090 r462 r557 r555 rS72 r289 r33i
r105.8 106.2
r!64e7
40.2 40«9 r39.3 82.41 r88.75 r73.10 2,05 r2.!7 1,86
rj Revised. j>/ Preliminary. ±/ Estimates beginning January 1957 reflect certain changes made In the definitions for employment and unemployment, etc. Figures for March 1957, comparable with data through December 1956, in order as above (thous.)i 66,749; 64,049; 5,442; 58,607; 2,700.
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WEEKLY SUPPLEMENT
SURVEY OF CURRENT BUSINESS Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis