^ t M E N T Of r „

BUSINESS October 14, 1960

^ luSSflftcu^ STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS

A v a i l a b l e o n l y w i t h s u b s c r i p t i o n t o t h e SURVEY OF C U R R E N T B U S I N E S S ; a t $4 .00 a n n u a l l y , t h i s S u p p l e m e n t p r o v i d e s s e l e c t e d

w e e k l y a n d m o n t h l y d a t a s u b s e q u e n t t o t h o s e p u b l i s h e d in t h e la tes t m o n t h l y SURVEY

SELECTED BUSINESS INDICATORS

Index, 1 9 4 1 - 4 3 = 10 9 0

8 0

7 0

6 0

5 0

4 0

PRICES OF 425 INDUSTRIAL STOCKS (daiSy a%"c™i)

_ _

_ —

- j i i » i i i i » i i 1 » i » i i i i > » i » _L_1_J_J__LJ-JL- I_JL-L_L_.

^ ^ ^ I ^ ^ v ^ -

_

-JLJL^.1 1 J L J ^ J ^ J ^ J L ^ X ^ J - W

Index, 1941-43 = 10

9 0 Weekly (Wednesday close)

1959

8 0

H 7 0 196® /

H 5 0

1957 1958 1959 I960 - j , , i J, \ \ i i - t * i i ^J 4 0 J F M A M J J A S O N D

BiSiion Doi tars

1957 1958 1959 I960

Index, 1 9 4 7 - 4 9 = 100

2 0 0

175 h

125 h

DEPARTMENT STOKE SALES & STOCKS

IOO l i ' i M h i M i l i ' i ' i l i i i i i l i H i i l i m i l m i f i i i i i

1957 1958 1959 I 9 6 0

Index, 1 9 4 7 - 4 9 = 100

2 0 0 M A N U F A C T U R I N G EMPLOYMENT & PAYROLLS {preciycf ton worke rs )

175

150

125

IOO

7 5 1 M i i i l i i I s t I i i s »i i i i i i > j i s i i i i t i i i i i 11 i i s i ; i i i i

1957 1958 S959 I 9 6 0

D o l l a r s

2 .60

2*40

2 .20

2 .00

1,80

M A N U F A C T U R I N G H O U R S & E A R N I N G S

Hours

5 6

H 5 2

4 8

4 4

4 0

I fin lfli i i i i I 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 i I | i i i i I i i i i ij 3 g

1957 1958 S959 I 9 6 0

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

2 WEEKLY BUSINESS STATISTICS1

ITEM

Commodity prices, wholesale:

•All other . ...•••.........

Insured unemployment, total 3/.••••«••••••• State programs Unci. Alaska and Hawaii).

Failures, industrial and commercial........ Finance:

Federal Reserve bank credit outstanding,

Reporting member banks (of F.R.System) in

Loans and investments (adjusted), total

••....i947-49=i00.. •••••••••••••do,,,.

# do....

••do.... •••••••••••••do.##»

total .4/,••••do.... , do..,.

do.... leading cities: 5,1

•••••••••••••do.,,.

.-..do

Real estate loans (gross),.,,,,., ».s«e«»a*a»clo«««.

Stock prices, 500 stocks (Stand. & Poor's) 1/...1941-43=10..

Production:

Motor vehicles (cars, trucks, coaches)...

Steel 6/ •••••••••••••••••• tho

us, of short tons,.

us. of short tons..

do

1959

1 Oct. 3

86.0 143

1,338 1,175 224

31,811 28,403 18,394

220

60,180 30,740 103,583 28,121 29,481 12,456

4,87 56.88 60.99

1,269 13,234 127,715 6,812

362 #12.8 572 311

Oct. 10

*i!9.7 *88.9 *107.8 •128.4 85.6 151

1,376 1,213 274

31,933 28,623 18,636

483

60,061 30,630 103,038 27,668 29,511 12,462

4,88 56.94 60.96

1,295 13,086 142,370 6,809

362 #12.8 559 302

I960

Sept. 17

119.4 87.3 108.4 128.3 84.3 150

1,786 1,591 305

32,291 28,048 18,581

819

60,017 32,068 105,533 27,49! 31,307 12,555

4,57 55.40 58.60

1,368 13,903 106,547 6,847

1,510 53.0 599 298

Sept. 24

119.4 87.5 108.3 128.2 83.6 148

1,765 1,571 321

32,171 28,189 18,634

513

59,163 32,110 106,810 27,992 31,568 12,559

4e58 54.57 57.69

1,370 14,156 140,472 6,877

1,547 54.3 618 314

Oct. I

119.5 88.3 108.5 128.2 83.6 149

304

32,004 28,059 18,609

520

58,813 32,186 106,209 27,816 31,541 12,556

4*59 52.48 55.52

1,373 13,779 155,934 6,849

1,558 54.7 632 323

Oct. 8

119.5 88.4 108*4 128.1 83.7

32,046 28,385 18,707

597

4,61 53.39 56.52

157,135 e e « e e e e » e

1,522 53.4

\J Oata 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; and ex-servicemen. 4/ Dally average. 5J Wednesday data. .6/ Estimates for week beginning October 10, I960: Production, 1,556 thous. short tons; operating rate, 54.6 percent. * Monthly index for September 1959. # Based on Jan. I, 1959, annual capacity (147,633,670 tons); I960 rates are based on Jan. 1, I960, annual capacity (148,570,970),

MONTHLY BUSINESS STATISTICS

ITEM

CONSTRUCTION AND REAL ESTATE

ENGINEERING CONSTRUCTION:

CONSTRUCTION COST INDEXES:

Associated General Contractors (all types).,.

Construction .2/....

DOMESTIC TRADE

ALL RETAIL STORES: 3/

.mi I. of dol..

„1947-49=100..

,1947=49=100..

•mi 1. of dol..

do....

do....

do....

ESTIMATED SALES (SEASONALLY ADJUSTED), TOTAL 4/......do....

ESTIMATED INVENTORIES: Unadjusted, tota1 ...... Durable goods stores....••••*............ Nondurable goods stores <,..••.............

### do.... ......••do....

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

rirs

........do.... , do....

1959

August

1,495

142 522

164.4 179.2

18,054 6,240 3,410 1,092

11,814 958

1,458 4,295 1,843

18,110 6,095 3,350 988

12,015 1,096 1,295 4,305 1,989

24,520 S1,370 13,150

September

1,538

142 525

164.3 178,9

17,570 5,708 2,878 1,093

11,862 1,120 1,378 4,215 1,917

17,784 5,773 3,105 964

12,011 1,111 1,319 4,267 1,958

24,270 10^660 13,610

I960

June

2,885

144 535

r166.4 183.1

18,918 6,637 3,735 1,124

12,281 1,083 1,413 4,517 1,891

18,504 6,010 3,353 983

12,494 1,125 1,355 4,604 1,974

25.340 12,180 13,160

July

2,005

143 537

r166.3 183.3

r18,066 r5,793 r3,097 rl,053

r12,273 r943

r1,493 r4,704 rl,700

r18,107 r5,687 r3,005

981

r 12,420 rl,H9 rl,348 r4,474 r2,004

25.080 r13,990 r13,090

August

1,859

rl43 538

166.4 183.4

r18,150 r5,965 r3,2l0 1,085

r12,185 rl,00l r1,480 r4,407 rl,9l2

r18,190 r5,774 3,200 943

rl2,4l6 rl,l66 1,319 4,510 r1,977

24,950 11,480 13,470

September

2,232

143 537

166.0 183.1

17,844 5,580 2,863

12,264 1,123 1,410 4,550 1,902

18,024 5,744

12,280

r_/ Revised. J_/ Data for June and September I960 are for 5 weeks; other months, 4 weeks, are shown here for the previous month. 3/ Data for September I960 are advance estimates. Hawaii are included. 9115

2/ Data reported at the beginning of each month ±/ Beginning January I960, data for Alaska and Digitized for FRASER

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

MONTHLY BUSINESS STATISTICS—Continued 3

ITEM

DOMESTIC TRADE - Continued

AS! retail stores, estimated inventories - Con,

RETAIL FIRMS WITH 4 OR MORE STORES: J./

RETAIL FIRMS WITH 11 OR MORE STORES: J./

Estimated sales (seasonally adjusted), total.........do....

Furniture, homefurnishings storess .........d©8...

Tire, battery, accessory stores.,..«. S 9 9 edo e e s s

WHOLESALE TRADE: Sales, estimated (unadjusted), total..........bi1, of dol..

Inventories, estimated (unadjusted), total...........do....

EMPLOYMENT, HOURS, AND EARNINGS

CIVILIAN LABOR FORCE, TOTAL 1/ .............thousands..

EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): TOTAL, UNADJUSTED (EXCL. ALASKA AND HAWAII) thousands..

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED (EXCL; ALASKA AND HAWAII)..........do....

Lumber and wood products (except furniture)......do....

Apparel and other finished textile products......do....

Printing, publishing, and allied industries......do....

Indexes of employment:

HOURS AND EARNINGS OF EMPLOYEES IN MANUFACTURING: Average weekly gross hours, all mfg. industries hours..

Avg#J weekly gross earnings, ail mfg. industries...doIlars..

Avg. hourly gross earnings, all mfg. industries......do....

1959

August

24,800 11,620 13,180

4,298

3,777 215 98 87 39

1,164 1,580

81 86

3,972 254 103 81 39 1

1,273 1,635

71 82 1

12.2 4.7 7.5 12.4 6.6 5.9

70,667

67,241 6,357 60,884 3,426

52,066 16,169

639 3,107 3,922 11,360 2,474 6,582 7,813

12,173 1 6,679

628 468

| 628 815

1,138 850

1,132

5,494 1,176 887

1,103 454 558 532 151 339

98.4 97.4 164.9

40.5 40.8 40.1 88.70 95.88 80.20 2.19

1 2.35 j 2.00

September

24,770 11,500 13,270

4,371

3,833 267 99 84 38

1,199 1,562

80 78

3,929 259 103 81 39 I

1,211 1,649

68 82 !

13.0 4.9 8.1 12.6 6.5 6.1

69,577

66,347 6,242 60,105 3,230

52,648 16,367

620 3,043 3,927 11,464 2,452 6,617 8,158

12,373 6,847 620 469 611 841

1,167 888

1,200

5,526 1,162 890

1,106 460 570 540 153 335

100.0 98.3 169.1

40.3 40.8 39.8 89.47 96.70

1 80.79 2.22

1 2.37 2.03

1960

June

r25,320 11,820

r13,500

4,650

4,009 260 106 86 41

1,205 1,690

76 94

4,105 260 109 83 41 1

1,280 1,736

66 82 1

12.8 4.8 8.0 12.9 7.0 5.9

73,002

68,579 6,856 61,722 4,423

53,309 16,422

681 2,977 3,942 11,637 2,496 6,745 8,409

12,332 7,056 617 456 970 840

1,154 859

1,127

5,276 1,015 867

1,085 452 572 540 156 323

99.7 100.3 172.5

40.0 40.4 39.5 91.60 98.98 82.16 2.29

1 2.45 2.08

July

r25,A20 r11,900 1 r!3,5IO

r4,552

r3,930 209 106 91 35

1,081 1,792

73 88

r4,105 258 110 r77 | 40 |

r1,293 1 1,715

66 83

rl 1.6 4.2 7.3

r!3.0 7.0 5.9

72,706

68,689 6,885 61,805 4,017

r52,923 r16,250

r655 r3,098 r3,939 rll,59l r2,530 r6,7!5 r8,145

r 12,145 r6,888 r606 450 r924 r8l7

rl,l30 r850

r1,105

r5,257 r1,064

848 rl,060

444 I r568

r537 153 322

r98.2 r99.6 r169.0

39.8 r39.9 r39.6 91.14 r97.76 r82.37 2.29

1 r2.45 r2.08

August

25,190 11,650 I3„540

4,533

3,916 229 104 90 38

1,225 1,624

76 84

4,079 274 109 83 1 38 1

1,261 1,724

64 78

12.9 4.7 8.2 13.0 6.9 6.1

72,070

68,282 6,454 61,828 3,788

r53,052 r16,396

r674 r3,H6 r3,9»9 r11,583 r2,535 r6,686 r8,143

r12,283 r6,839 r608 r452 r9IO r822

rl,l!l r860

r1,040

r5,444 r1,150

359 r1,106 r452

j 573 r540 r!54 331

r99.3 r98.4 r170.2

r39.8 r40.0 r39.5 r90.74 r97.60 r81.77 r2.28

1 r2.44 r2.07

September

soeS8eess

71,155

67,767 6,588 61,179 3,388

p53,488 p16,465

p67l p3,057 p3,913 p11,678 p2,5l3 p6,713 p8,478

p12,357 p6,905 p589 p452 p904 p830

pi,098 p873

pi,118

p5,452 pi,161 p852

p1,097 p455 p576 p539 pl53 p322

p99.9 P98.I PI7I.I

p39.6 p40.0

1 P39.0 p90.68 p98.00 p81.5l P2.29

1 D2.45 | P2.09

rj Revised, ja/ Preliminary, shown separately. 9115

J./ Beginning January I960, data for Alaska and Hawaii are included. 2/ Includes data for Industries not

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

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

EMPLOYMENT, HOWS, AMD EARNINGS - Continyed

LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS? Accession rate, totaleses^mofithly rate per 100 employees*,®

FOOD AND Kl SORED PRODUCTS

ICATSi Production, total••«••••••••••••••••••••••••••miL of lb06

LUMBER AND MANUFACTURES

LUMBER (NATIONAL LUN8ER MANUFACTURERS ASSOCIATION):

Stocks (gross), mill, end of month, total s s s c e e s s o s s sd© 9 5 3 S

PETALS AND MANUFACTURES

IRON ORE CINCL® FOREIGN ORE),OPERATIONS IN ALL U.SiDISTRlCTS: Receipts at Iron and steel plants«»aM*thous# of'-long tons98

Stocks, end of months

Castings, shipments:

Steel t 8 (,, 8 S, e s 8 e, 8 e e e 9 4, 8 a, 4 8 S 9 9 e e 8 e 9, 9 e s 9 8 e e. 9 8 9 e 9 8 9do s, e» STEEL PRODUCTS, NET SHIPMENTS!

Structural shapes (heavy), steel p!flng,ee„sea@aes*do«aea

Sheets and strips Unci, electrical), total••••••••do»«*«

TRANSPORTATION EQUIBCNT

MOTOR VEHICLES: FACTORY SALES, T0TALes®e8..o*.s@eeeo9...eo.e.3.*.eenumber88

S959

Jyly

3.3 2.2 3.3 1.3 1.4

1,991*2 975 . 7 50.0

965.4 I84e0

3,136 2,513 3,146 2,608 8,782 5,100

9,907 5,632

47,924 5,539

r932 69 106

4,131 277 418 606 554 314

1,563

663,444 233 209

548,524 541,458 114,687 92,186

August

399 .2.5 3.7 1.8 1.4

1,840*4 902.7 45.7

892.0 161.9

3,171 2,528 3,137 2,530 8,816 5,099

3,083 1,508

49,498 7,295

742 65 98

1,339

316,060 82 58

255,831 252,556 60,147 47,959

I960

May

3.2 1.7 3.3 I.I 1.6

2,071.0 1,004.8

53,3 S,012.9 180.2

3,197 2,580 3,187 2,574 9,954 6,322

15,926

9,740

38,830 4,425

1,053 69 127

6,272 457 529 861 586 567

2,654

725,665 451 432

607,191 596,861 118,023 9! ,268

Jyne

3.9 2«3 393 I.I 1.7

2,054.1 1,044.7

52cl 957*3 175*7

3,194 2,563 3,097 2,516 10,050 6,368

16,293 8,060

47,097 4,670

1,050 73 137

5,921 447 484 803 576 654

2,422

717,366 364 359

605,582 596,296 111,420 89s022

July

P3.9 rl97 r386 I.I

r2.0

1,833.9 976.2 50.0 807.8 I46@5

2,693 2,082 2,605 2,069 9,902 6,145

15,705 7,014

55,787 5,431

803 50 90

4,711 321 354 623 515 581'

1,856

501,223 424 414

421,355 414,787 79,444 64,053

Aygust

p3e5 pl.9 p483 pi«5 p2*2

2,O970 |-1,091.6

56.5 949.0 169.8

3, 175 2,574 3,035 2,475 10,036 6,238

S3,894 6,729

62,953 5,949

5,072 348 370 772 559 555

1,964

390,326 358 347

324,020 320,681 65,948 53,331

rj Revised, p/ Pre Ilralnary9

USC0MM-DC-9II5

UNIT1D STATES GOVERNMENT PRINTING OFFICE

DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C.

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