August 7, 1959
BUSINESS “ste STATISTICS
F Business ECO
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,1947-49=100 Index,1947-49= 100
175 175
STEEL PRODUCTION (ingots and steel for castings) Monthly Weekly | v8
[.
os sas
ee a ee ee ee) me ee ee en ee a ae a ee
1958 1959 JFMAMJJASOND
}
228
Le
Billion Dollars Billion Dollars Billion Dollars
35 70 5
MANUFACTURERS’ SALES & INVENTORIES NEW CONSTRUCTION ACTIVITY
(seasonally adjusted) (seasonally adjusted)
y oc) |
: y, |
Total |
ae al Private Residential
\ (nonfarm) ™‘
Inventories *
right scale
a
Book valve, end of month
|
|
TUCCUECUECEEOUECERCEEUEE CEREEGGRUEEE EEE EE
1956 1957 1958 1959 1956 1957 1958 1959
|
Litt pd Litt
Billion Dollars Index, I91IO-14=100
60 320
CONSUMER CREDIT OUTSTANDING PRICES RECEIVED AND ,
(short- and intermediate-term) 300 PAID BY FARMERS
Total
end of month / |
Prices Paid
|
|
|
incl. interest, toxes, ond wage rotes) |
j
|
|
4
Prices Received UWkn
240F 2, ™ * -
Installment Credit me ve”
| end of month po"
PRUead PUTER EUEUET ERT pit Seeeeeeeeeeeeune 220 Petit tipi t inert ett tit ny tipi tip aay
1956 1957 1958 1959 1956 i957 * 1958 1959
WEEKLY BUSINESS STATISTICS’
1958 1959
ITEM T T
_ |
July 26 | Aug. 2 July ti July 18 July 25 | Aug. |
o> wee ars irs = sae ee 7 i 3
Commodity orices, wholesale |
AOE SORIA gaivadeecceresvivescdeces #119.2 119.4 119.4 119.5 | 119.2
ONS, PFOCOSSOD, cccsscrcccccesesecscs #112.7 107.3 107.5 107,0 | 106.7
All THOT ccccccccecesecsesesceseeseees al -f 128.2 128.2 26.1 128.2
Ct ge IN eb Bl oscccspecdavessiecsctes 87.2 87.0 86.7 86.5 | 86.2
Department store SBl@S...eseee0- TYTTITT it 114 126 118 117 | seeeweewee
Insured unemployment, POTEL Bleavecccvcocecccccooccvose 2,635 2, 1,486 1,501 } ee e890 eSSETOSTCS
State programs (inci. Alaska and Hawali)....ccceccceeedOsces 393 | <, 1,353 | 1,367 5 | Pee eesees _
Fallures, industrial and Commercidl.csecsecececsescsesnumber,,| 264 27 2357 | 242 | 245
Finance
Currency in circulation 4/csssssesessccccccceeeMll, Of dolla. $1,217 5 |, 066 32,112 | pe on ore
Federal Reserve bank credit outstanding, total 4/...4.dOeeee 26,528 26,005 28,319 | 28,462 68,7 28,574
Member bank reserve balances 4/,. ve vo sosrlOcene 3,712 18,462 18,452 18,640 6,97¢ » 702
Excess reserves, estimated 4/,.scccccovccssecccsesesIOrees| 788 658 532 462 , 414
Reporting member banks (of F.R,System) in leading cities:5
Demand deposits, Ad JUSTOD,..ccccccceceseceseemil, Of dol.. 60,549 | cecocsecece 60,498 61,199 61,97 eee eeeee
Time deposits, except Interber saheeetenacwrnecedbeess Wt Sesnesdous 30,913 | 30,882 | 30 , 837 eecceccces
Loans and investments (adjusted), totOlsssscccesseesDOcee| socescesee | coeveccens 104,383 | 105,457 4,67 es
o Se ernment obligetions....e.ees cceeDQccce 723 | cocccccece 30,966 | 31,502 30 , 702 eee
mmercial and industria foans (gr ° DOsees see eee ese oe 28,441 | 28,499 | 28, 58 see eeeeeee
Reni=setete (OGRE (OF OCE) ccccavccscaccvcecvecssec€Orse. 10,70 ooseceeses 2,217 2,25 2,2 eeeeeseces
Bond yields, domestic rporate (Moody's) 4/...+....percent.. 4,04 4,72 | 4.7% 4,72
Stock prices, 500 stocks (Stand, & Poor' 5 - 1941-43=210., 46,40 OL 59,59 | 59.61 60,62
badustrlals, 425 STOCKS. .cccccccesecosescccccecsocesOOsece 49,44 | 50.26 64,56 | 64,08 64.64 65.26
Production:
Bituminous COO! 4/seccocceveveeseccese th f short tons.. 1,316 1,286 844 | 1,212 1,207 | seesensees
Electric wer, by utilities,... eoemil, of kw.-hr.. 12,319 | 12,619 13,502 | 13,415 | 5,57 ececeecces
a | A797 - _
Motor vehicies (cars, trucks, SN x cccccscnxereetet «s 102,271 | 79,20 150,592 154,70 | 49,33 141,62
Petroleum (crude) and condensate 4/..eceeeeeethous. of bbi.. 6,536 6,545 6,802 6,858 6,85 oeene
= |
CMI co ccccatwecerneens thous, of short tons..| 1,546 1,561 2,252 | 1,097 365 545
Percent of capacity.... pisses ceusenbeeeeneel #57.3 | #57.8 79.5 | 38.7 12.9 | 2.2
Freight Cor lees ines, BOTSl cccdcdnecseceéooceeuves, ft cars..| 608 622 554 585 536 TePTTELE TE
I OU ivasucncsacsysyedscivnsss0is%s+ébesiseaeeeOeees 283 | 293 307 298 | 2B4 | weeeeeeees
— —— —— ni a | — Ss Se. — _———E fees —————
d/ Data do not always cover alendar weeks, 2 Tuesday prices, Includes date for following programs: R.R.; Federal employees;
veterans; and ex-servicemen, 4/ Daily averaae, Wednesday date, Figures for member banks are on revised basis; leaders indicate data
not available, 6/ Week beginning August 3, he Production, 332 thous, short tons; operating rate, |1.7 percent, * Monthi ndex for
July 1958, # Based on January |, 1958, annual capacity (140,742,570 tons); not comparabie with 1959 rates which are based on Januar P
1959, annual capacity (147,633,670 tons).
oe ———- ~~ — —= E ss tT Se ee —————S
1958 1959
EM or ——
t T
May June March April May | June
_— = — _ - — _— a — —E———
SENERAL BUSINESS INDICATORS
Manufacturers’ sales:
Value (unadjusted), ToTBl.,.csccccccceseseecseemil, Of Gol.. 25,426 26,122 30 , 589 30 , 885 50,675 32,021
Durable-goods industries, total I/secesceee eeeeDO,ece 11,960 | 12,584 5,305 15,810 | 5,727 6,654
Primary MOTB eccccccsescoee eed ane er ee 1,757 | 2,052 2,792 | 2,947 | 3,011 3,256
FORT COTES BOTS eo cccccncesscevescessecsdcucsccass@Bacss 1,350 1,452 1,622 | 1,735 ri,7 1,814
Machinery (including electrical) .ccsccccccccsceesdOsecs 3,77 3,967 4,595 | 4,610 r4,515 4,798
Transportation equipment (incl, motor vehicles).,.do.... 2,675 2,637 5 49) 3 637 | r3.565 % 688
, , ¥- 127¥/ a
Lumber and furniture. .cccccsccccccccsscsceccscsessWenee 788 803 969 GAG r995 | 04
Tone, CIBY, ONG GIASS..cccoccccccccerccsccesesesWreee 652 | 677 124 771 | r7e 855
|
Nondurable-goods industries, total | son ee | eae 13,466 13,538 15,284 15.075 | ri4.946 15. %67
= - 79 eh 7, | ™ ,
FOOd ANd DEVETAGC..cccesecccccceccccccsesssesessedOsees 4,434 4,441 4,483 4,378 4,598 4,652
TODBCCOs cccccccccccccccceccccccccccccccccceseses edOceee 38 | 40! 404 399 r407 454
Textile...ses ee covccececccedOccce 930 1,006 1,243 1,217 ri,i99 | 1,294
Paper... ee oe coccecevesesDOseee 904 2 | 1,018 1,044 | r1,026 | 1,037
NOMICBl. cccccccsecs eovcccccceesDOseee 1,961 1,949 2,132 2,247 | r2,185 | 2,199
Petroleum BONG COBl..secceccccccccccesescccssessesdOeees 2,630 2,628 3, 107 2,988 | r2,934 ,Ol
RUBDDET . .ccccccccccccccccescvecscesecccsccecceseeedOsece 432 467 526 554 r524 574
|
Velue (adjusted), totOloccccceseqcccsovesocccceccses eos 25, 20€ 25,747 29,130 30,266 r30,742 | 31,256
Durable-goods Industries, total I/ esccceseseceses ee 11,643 12,086 14,400 15, 166 riS,515 | 15,766
Primary metol.cesecees cove cece eee eee 1,656 1,854 2,580 2.792 r?_ 9858 2.913
. , » 280 , 792 2,85! } 2,913
Fabricated MOTB .ssseeeenseeceesrerersecesssvese ea 1,331 1,397 1,605 1,684 ri,7ii 1,745
Machinery Cincluding electrical). ccccccccccceses eee 3, 736 3,780 4,226 4,423 r4,507 | 4,552
Transportation equipment (inci, motor -P 2,536 2,610 3,212 3,385 r3,4635 | 5,571
Lumber and furniture. .cccccccceccceecs ase 807 822 918 995 rt,O4! I
stone, CIBY, ANd GlaSS.essccecccccccce eee 621 645 731 756 r766 | 773
Nondurablie-goods industries, total |/.... ee ee 13,563 13,661 14,730 15, 100 15,227 | 15,490
FOOd ONd DEVET BGO. cccccccccccccescccccccccesecssedOsene 4,416 4,357 4,465 4,507 r4,617 | 4,589
POMMUGD odd casekcrseessiessdsandédinieseacnneceseeibeses 53 382 416 4 r3es | 417
TORTS, civcsssesieviees paaredecesaxesiteves 994 1,025 1,2 1,253 ri,310 | 1,314
Paper ..se. ve a cvccsceBcees 895 903 988 1,034 ri,026 | 1,027
: . ’ ,
CHOMICO!. ccccccccrvcccccccsecscocsccecccenccesevcsdMecee 1,875 1,899 1,979 2,090 2,089 , 144
Petroleum ANd COBlssseccecesesececsessessesesesssdOuees 2,657 2,682 3, 04¢ 3,080 r2,994 3,072
RUBDET oc cccccccveccenveveesoosncccccoccosccoessecsOOcees 428 445 506 543 r524 536
data for "other
r/ Revised, I,
9044 ar
Includes
indus
tries" not shown,
MONTHLY BUSINESS STATISTICS — Continued 3
1958 1959
1TEM
May June Merch Apri Moy June
SENERAL BUSINESS INDICATORS - Continued
Manufacturers' inventories, end of month:
Book value (unadjusted), total.....scccccccceesMll, of dol, 50,862 50,278 50,626 51,053 r51,545 51,937
Durab le-goods industries, total |/sscsccccccccceccesGQsees 29, 182 28,698 29,116 29,510 29,905 30, 169
OF TREY MIN vicina sss cinenisuctasciesdsapendletes 4,126 3,999 4,271 4,183 r4,175 4,027
Fair tented B08 iii ccticcicnsdandsassincsessnsadeeee 2,938 2,987 3,151 3,270 r3,376 3,492
Machinery Cincluding electrical). ..ccccccccccccedQeces 9,771 9,542 9,279 9,434 r9,627 9,815
Transportation equipment (incl, motor vehicies).do.... 6,716 6,579 6,908 7,034 r7,078 7, 162
Leer 208 PWR ivcccscseccséadcenscesecsnt Beans 1,809 1,807 1,750 1,766 rt,787 1,798
EE 1,261 1,246 1,265 1,284 ri,292 1,286
Tone, ClOy, ON GlOSS.cccccccccccccceccccccocecs
Ry staoes ¢ fabrication:
Pur CRhned GS OS cccsscecnccuccesuncedlts OF Giles 7,6 7.6 7.9 8.1 8.5 8.8
SON FW CONE ionecccnnsddestsenssutasdneceued teens 11.6 11.3 11.6 11,8 rii.8 11.7
FERRGREE: COOTER. dceciccconssscsdencceniésasesuiebaes 10,0 9.7 9.6 9.7 9.8 9.6
dustries, total 1/....s..emll. of dol.. 21,680 21,580 21,510 21,543 721,640
Bisicon 4,406 4,416 4,662 4,676 r4,606 4,629
1,861 1,785 1,951 1,905 1,854 1,770
Nendur ab le-oa ds i
od and beverage
ec eccccccccccescesecsecceseeseed
Tobacco..... WEETETTITTITITITITIT TTT TTT TTT TTT ttt
FOxt11Oss cccccctcvsevtcscoccevesesssenscecsesenedaess 2,675 2,635 2,502 2,523 r2,55 2,548
DOO scone cnedonacaceténeesascessanenenseuessssstlieses 1,455 1,435 1,491 1,492 r|,497 1,495
hemicOlesessseees ssepesnserdeveapeesdiunneniinee 3,783 3,776 3,793 3,745 r3,730 3,779
Petroleum and COBl...cccorccccccccccsccsccececesDOseee 3,343 3,348 3,187 3,232 3,312 3,372
,05| 1,015 1,071 1,040 ri,015 992
UBDDET . ccccccvcccccccccccecccccccscesccseseoeseeOOeces
y stages of fabrication:
Purchased materials....cccccsccsessseccessDdI I, Of dol.. 8.6
COGS IN POSSE. ccccccocccoccccccccscoseccovcesGeccce 3.0
FUREGRED QO0UB i ccc00406060000006058800600000000888Rs0be 10,1
Book value (adjusted), Total. .ccccccccscsesee Mill, of dol,, 50,896 50,246 50,454 51,052 r51,599 52,084
Durable-goods industries, total I/..ccccccccccseecesDOeeee 28,981
Primary Metal cccccccccccccccccccoscccecccesccesGOeece 4,277
Fabricated metal. ..cccccccccccccccsccccccssscesedsene
Machinery (including electrical). cceccceccccccecdQccee 9,636 9,446 9,215 9, 346 r9,482 9,739
Transportation equipment (inci. motor vehicies).do.... 6,721 6,595 6,854 7,031
Lumber and furniture, .cccccccccccccscccscccecsssIOseee 1,772 1,776 1,719 1,731 ri,759 1, 766
Stone, Clay, BAG GIOSS. cccccccccccscccscccccosceDQeeee 1,236 1,234 1,216 1,235 ri,254 1,267
By stages of fabrication:
Purchased mater lols..ccsccccccccccscceseedDIl, Of dol,. 7.8 7.6 8,1 8.3 8.5 8.8
bad. 18 PROD is cecicnocsiessseeaseseseneseseelOeens 11.6 11.4 11,5 11,7 11.8 11.9
Fintshed goods. ccccccccccccccecccecoocceccscesseOQecee 9.6 9.5 9.3 9.5 9.4 9.5
Nondurable-goods industries, total |/..ss.eee.mil, of dol.. 21,915 21,718 21,529 21,691
FOOd ONG DOVETEGO. cccccccccccccccccccccsosccoseeWeece
TODECCO, ccccccccccccccccccccccccccecosecosesesceWOeces
TEXT i lOc ccccccscccccccccccccccccccesccsseescesssIOvene
POPE ccccccesccccoceccececcoccosoccoccceccococoeGOeees
Chemi CO! ccccccccccccccccccccccccdeccccccccceseoeeece
Petroleum BNd COB! ccccccccccccccccccsccccoceceseOeece
RUDDET . we ccccccccccccccccccccesccscccccesceseeeeDOscee
By stages of fabrication:
Purchased materials. .ccccccccccccscccceesDil, Of dol.,
IS IM PFOCESS.cecccccccvccccccscccesscsesssesIOseee
FINISHED QOOdS. ccccccccccccccccccsccecesecescessdOeeee
Manufacturers’ orders:
New orders, net (unadjusted), total.....scsseeeemil. of dol.. 25,032 26,359 31,868 30,994 r30,281 31,824
: 11,486 12,727 16,452 15,858 ri5,t3i 16,419
Jurable-goods industries, TotAl I/..cccccccecsccsceedOeeee d .
Primary Metal. ..cccccccccsccccccccsesccvcccccceeessWeccee 1,738 1,872 3,035 2,671 r2,551 2,581
Fabricated metal, .ccccccccccccsccsccsccccccscesecsedOsces 1,362 1,436 1,688 1,665 r|,668 1,756
0 edO.eee 5,681 3,958 5,195 4,679 r4,590 5,260
2,255 2,808 3,614 3,792 73,333 3,704
13,632 15,416 15,136 ri5,150 15,405
Machinery (including electricdl)..ccccccccccccecs
Transportation equipment (incl, motor vehicies)...d0....
Nondurable-goods industries, total..cccccccccsesces eden, 13,546
New orders, net (adjusted), Total.ecssccccccccccesecesDQsees 24,998 25,785 30,22 31,206 r 30,541 31, 145
Durable-goods industries, total L/..ccccccccseccesesWeeee 11,423 12,245 15,32 15,796 15,241 15,649
Primary MOTOl. ccccccccconccccccccsocccosccseocesseSOcees 1,671 1,952 2,68) 2,826 r2,479 2,575
Fait (ORE MIN cc nccdcticwondsbesdeesssssaanseiadends 1,322 1,496 1,608 1,632 rt,619 1,791
Machinery Cincluding electrical). ccccccccccccccecedOcees 3,690 3,592 4,839 4,632 r4,626 4,812
Transportation equipment (inci, motor vehicies)...do.... 2,265 2,678 ‘3,437 3,655 r3,498 3,701
Nondurable-goods industries, Totdl..ccccccccsceceeveIOeeee 13,575 13,540 14,906 15,410 r 15,300 15,294
Unfilled orders, end of month (unadjusted), total....sdOcee. 46,116 46,353 50,376 50,485 r50,095 49,896
43,543 43,686 47,244 47,292 46,696 46,46!
,7 3% 3,558 6, 362 6,0R6 r5,626 4,951
Durable-goods industries, total AlaweesececewrerereeIOeees
IMArY METAl ccccccccccccscsecscsessessesccsesesedveus
Fabricated metal..ccccccccccccccccvecccccoccceesceIOeece 3,050 3,034 3, 382 3,312 r 3,262 3,204
Machinery Cincluding electrical). .ccccccccccccecseIeeee 16,0935 16,084 16,785 16,654 r 16,929 17,3591
Transportation equipment (incl, motor vehicies)...do.... 16,783 16,954 16,078 16,235 r 16,001 16,017
Nondurable-goods industries, Total. ..cccccccseccceesWOeeee 2,575 2,667 3, 132 3,195 r3,597 3,435
FINANCE
Consumer credit (short- and Intermediate-term):
Total! outstanding, end of Month, .cccccccecceceemll, Of dol,,. 42,985 43,079 44,203 44,916 45,790 46,716
Installment credit, Total. csccccccccccccccccccecccsedOseee 32,910 33,008 33,945 34,455 35,029 35,810
Insta! iment credit extended and repaid:
Unadjusted: Extended, Total. .cccccccccccccccccccsssMseee 3,371 3,477 3, 786 4,022 4,053 4,452
3,349 3,379 3,594 3,512 3,477 3,651
3,246 3,262 3,749 3,939 4,045 3,983
3,391 3,43) 3,516 3,602 3,531
Repald, Total .ccccccccccsccccccvcccscccsecWeeee
Adjusted: Extended, Totdl...ccccccccccccccvcccccesedseee
Repeats, Cats o00008500600060000s0sececesevess 3,338
r/ Revised, 1/ Incltudes data for “other industries" not shown,
9044
MONTHLY BUSINESS STATISTICS — Continued
1958
1TEM
COMMODITY PRICES
Prices received by farmers, al! farm products,,,!1910-14=100,,
CrOPSccccccccccccccccccccccccccccccescsccceseseceseeedOsees
Commercial vegetables... ,sccccccsccsccsccscccsccessdeeee
Cotte ccccccccccccccscscccccccccccvccccscceccccessIOeece
Feed GrBinS ANd NBY.ccccccceccccesesesssseeseseseesdOeees
FOOd GFOINScccccccccccccccccccscccceccoseeoceeoceeeWeeee
FrultecccccccccccccccccccccccccsccccoccccscseseceseWeeee
Ol b—bear ing CrOPS.cccccccscccccccccsccccssesccesessdeees
Potatoes (including dry edible Deans). ...cccccccceesIOeeee
TODECCOs ccccccccccccccsccccccccececcccecceeseceosee sees
Livestock And PrOoduCtS..cccccccsececcccesscesesesseesdeees
Delry ProguctSrcccccecscccccocccocceccccocccecceseseWecce
Meat BNiMAIS.cccccccccccccccccccccccccccccscocescesDsees
Poultry ON CggGS.ccccccccccesccsccsccsscsscescceseedOesee
WOO! -cccccccccccccccccccccccecccccevcesccesesesseseDOsces
Prices paid by farmers:
All commodities And ServicesS....cccccccscccccecscsceeIOseee
Family living [TOmS..ccccccccccccccccccccccccccseseWseee
Production [TOMS. ccccccccccscccccccccccccccccsce cc eIOeces
All commod., services, int., taxes, and wage rates...do....
Parity TatlO. ccocccecccccccccccccsccccooes
CONSTRUCTION AND REAL ESTATE
New construction (unadjusted), total....sceceeeemil, of dol.,.
Private, TOPO) cccccccccccccccsecccccccoccccesccecoeeWOecee
Residential (MOMNFAFM). .cccsecccccsccccccseccccscesedQseee
New dwelling UNITS. .ccccccscccceccecs
Additions and alterations, ..ccccccccceccecesecessdseee
Nonresidential buildings, tota! !/......
INDUSTE BI. cccccccccccccccccccccccccccccccccsccceIOeece
Commer ci Bl. cocccccccccccccccccccccsccsccecccesccesWOeeee
FOrM CONSTFUCTION. cccccccccccccccccccccccccccoccceeWeece
PubliC UTE LI Ty. ccccccccccccccccccccovcccoccccccoeseWOccce
Public, TotOl, ceccecccccccccccecccccccccccccscocososeDOsces
Nonresidential DUI IDINGS. ..cccccccccceccccccesesceedOeces
Military faci (TIES, .occccecccocccvcccoccecccceseGecce
HightOYcccocccccccococsseccccccoccoecoeccosococeesGOecss
New construction (seasonally adjusted), Total....ccceesIOeeee
Private, TotOlcccccccccccccccccsccccccocccccccceseceWOecce
Residential (nonfarm). cccccccccccccccccccccccccccceGOccece
Nonresidential buildings, total I/.ccccccceccccesceWeees
INGUSTE Ol cccccccccccccccnccccccvcccccoesoscosesWsece
Commercial ccocccccccccccccscccccccccccccscoceeseWOecce
Farm CONSTFUCTION, .ccccccccccccccccccccccscccececeeIQeees
Public utility. .ccccccccecs esovecccososesoesOOosee
Public, TOTAl ccccccccccccccccs erccccccccccccesWoces
Nonresidential DUT IDINGS. .ccccccccccccccscsecsesessIOnnes
Military fact litios. ccccccccvcccccccccccccccsecceesGOscce
HIQNWOY. coccccccccsccccccccccocccosccccecccecccccceDOcces
Construction cost index:
Department of Commerce, composite.....eeeeeee !947-49=100,,
c/ Revised, J/ Except farm and public utility.
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