september 7, 1956 business statistic' s
TRANSCRIPT
tPgjjS^Co*,
BUSINESS September 7, 1956
°* «US/NESS t«.°' STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected
weekly and monthly data subsequent to those published in the latest monthly SURVEY
SELECTED BUSINESS INDICATORS
INDEX, 1947-49 = 100 175
150 h
125 h
STEEL PRODUCTION (ingots and steel for costings) Monthly
100
7 5 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 1 i i i i i I i i . i i i
INDEX, 1947-49 = 100 17 5
150
Weekly
^ 1956
/V T 1955
25
o 1 i n i i i
I \
V
Imll 1 !
fs*A \r
-|
i i i i i
H 125
H 100
7 5 1953 1954 1955 1956 J - F M A M J J A S O N D
THOUSANDS 1,200
1,000
8 0 0 h-
6 0 0
I I I l I I I l I l i j 5 0 J F M A M J J A S 0 N D
BILLION DOLLARS 3 5
BILLION DOLLARS BILLION DOLLARS
3 0
15
MANUFACTURERS' SALES & INVENTORIES (seasonally adjusted)
Safes
Inventories* { right scale)
J I I I I I I I I I I I I I I I 1 I
^ BOOK VALUE, END OF MONTH
I M I I I I I I I I 1 I I I I I I I I I I j j
7 0
H 60
H 50
4 0
3 0
1953 1954 1955 1956
NEW CONSTRUCTION ACTIVITY (seasonally adjusted)
Total
Private Residential (nonfarm) s.
•••^4 »»eeee«90e«ae
0 8 < I ' I I I I I 1 I I I I I I I I I I I M I 1 I I I I I I I i i I I I M I I I I I.LJ-LL
1953 1954 1955 1956
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WEEKLY BUSINESS STATISTICS1
STEM 1955
Aug, 27 Sept. 3
1956
Aug. S S Aug* 18 Aug* 25 Sept. i
Commodity prices, wholesale: A 11 commod 11 ies ... I947-49= 100..
Farm products,................................-...«.do.... Foods, processed. ............ • .do.... AS I other. ...................................do..,.
22 commodities 2/. ..do.... Department store saIes do.... Insured unemployment, total ,, „os,thous..
State programs do.... F i nance:
Currency in circulation 3/99e.................mi1. of do!.. Federal Reserve bank credit outstanding, total 3_/....do.... Member bank reserve balances 3/ .do....
Excess reserves, estimated 3/ ....do.... Federal Reserve reporting member banks In leading cities:4V
Demand deposits, ad justed.. „. ..mil. of do!,. Time deposits, except U. S. Government.... ....do.... Loans and !nvestments (adjusted), tota!•••••••••••.do....
U. S. Government obligations....... ......do.... Commercial, industrial, and agr. loans (gross)...do.... Real-estate loans (gross) do....
Failures, industrial and commercial................number.. Bond yields, domestic corporate (Moody's) 3/......percent..' Stock prices, 480 stocks (Stand.& Poor's) £/..1935-39=100..
Industrials, 420 stocks........,.........*.........do.... Production:
Bituminous coal 3/ ...........thous. of short tons.. Electric power, by utiIities...............mi I. of kw.~hr.. Passenger cars and trucks (Ward's).................number.. Petroleum (crude) and condensate 3/. thous. of bbl..
Steel 5/,,,.,,,,,,,, ..........thous, of short tons*, Percent of capacity .5/.......••..••• •••....•••....••
Freight car loadings, total ,6/....... thous. of cars.. Miscel laneous do....
89.2 i l l
•1,051 944
30,288 25,425 18,673
573
55,669 21,532 84,098 30,972 24,050 8,100
S80 3.30
311.9 355.5
1,607 10,906
149,766 6,685
2,186 #90.6
787 381
•110.9
•88.1 •101.9 *l17.5
89.2 125
1,019 914
30,268 25,217 18,614
484
55,931 21,577 84,412 30,948 24,S7I 8,120
215 3.3!
315.7 360.7
1,575 10,706
100,663 6,662
2,255 #93.4
794 384
IS4.2
89. S 102.4 121.9 90 .6
107 1,212 1,078
30,633 25,182 18,588
570
55,428 21,913 84,402 25,824 28,727 8,678
229 3.59
363.7 426.2
1,583
11,530 S27,648 7,086
1,415 57.5 715 344
114.5
89.0 102.8 122.2 90.9 III
1,169 1,042
30,681 25,254 18,593
559
54,697 21,897
86,051 27,199 29,029 8,716
289 3.62
360.2 42 S.7
1,647 11,794
120,027 7,122
2,154 87.5 770 367
114.6 88.9 103.0 122.3 90.9 120
30,654 25,642 19,117
655
55,007 21,939 85,857 26f859 29,182 8,737
215 3.65
350.6 409.6
1,658 1.1,340 88,621 7,127
2,359 95.8 770 371
114.6 88.7 103.3 122.3 90.4
30,618 25,404 18,883
497
3.68
348,9 407 . 6
'76,661
2,389
'97.0
U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning September 3, 1956: Production, 2,429 thous. short tons; operating rate, 98„7 percent. J3/ Data for 1956 adjusted to revised classification of class I railroads. * Monthly index for August 1955. # Not comparable with 1956 rates which are based on higher capacity.
MONTHLY BUSINESS STATISTICS
ITEM
GENERAL BUSINESS INDICATORS
Manufacturers8 sales: Value (unadjusted), total.....................mi 1. of do!..
Durable-goods industries, tota! 1/.................do.... Primary metal,.. ..,. 0. • ** •»• <> • •. • •*. • oo • •• • .« , 9 9.do,... Fabr icated meta 1 do.... Machinery (including electrical).................do.... Transportation equipment (incl. motor vehicles)..do.... Lumber and furniture.............................do.... Stone, clay, and glass.....................•••••.do....
Nondurable-goods industries, tota! S/9.............do.... Food and beverage..................••••*.••••••.•do.... Tobacco........................................•8do.... Texti1e....................................•.....do.... Paper............................................ do.... Chemical................„..«.*...................do.... Petroleum and coal................................ do....
Value (adjusted), total.......... e a..................do.... Durable-goods industries, total 1/.................do....
Pr s mary meta (.........••••••••.•••••••••••••••..<. do.... Fabr icated meta1.................................do.... Machinery (including electrical).................do.... Transportation equipment (Incl. motor vehicles)..do.... Lumber and furniture.............................do.... Stone, clay, and glass..se...........,«..........do....
Nondurable-goods Industries, total 1/....,........*do.... Food and beverage................................do.... Tobacco..........................................do.... Text! I'e..........................................do.... Paper............................................do.... Chemlca1......................................... do.... Petroleum and coal........... ...............do....
1955
June
27,394 13,974 2,349 S,397 3,682 3,529 1,244 716
13,420 4,377 343
1,148 844
1,955 2,338 488
27, II I 13,527 2,315 1,383 3,547 3,329 1,208 688
13,584 4,329 318
1,148 844
1,985 2,386 465
July
24,644 12,114 1,875 1,294 3,036 3,342 1,034 631
12,530 4,148 3S6 952 776
1,753 2,276 453
26,731 13,503 2,138 1,407 3,475 3,615 1,198 657
13,228 4,223 316
S, 133 834
1,844 2,299
471
1956
Aprl 1
27,370 13,944 2,493 1,434 3,876 3,257 1,138 698
13,426 4,040 320
? ,056 902
2,052 2,424
458
27,231 I3,5S9 2,442 1,434 3,740 3,001 1,105 705
13,712 4,245 348
1,123 884
1,970 2,499
445
May
27,830 14,069 2,502 1,441 3,957 3,181 1,185 738
13,761 4,322 367
1,046 912
2,107 2,501 459
27,814 13,754 2,472 1,486 3,935 2,972 1,129 716
14,060 4,312
346 1, 125 931
2,097 2,633
464
June
r27,741 r 14,235 r2,57l r1,484 r4,057 r3,119 r!,S67
735
r13,506 r4,299
r337 r1,056
r889 rt,99? r2,50S
487
r27,665 r13,850 r2,533 r1,484 r3,923 r2,97! rl, 155
693
rl3,8l5 r4,295
r324 rt,089
r889 r2,028 r2,552
464
July
24,097 11,191 1,087 1,262 3,464 2,755 986 656
12,906 4,124
36 S 904 '833 1,836 2,459
.......... 26,118 12,501 1,251 1,372 4,006 2,967 1,120 683
13,617 4,209
344 1,063 895
1,966 2,484
..........
rj Revised. j>/ Preliminary. ±/ Includes data for "other industries" not shown. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONTHLY BUSINESS STATISTICS — Continued 3
ITEM
GENERAL BUSINESS INDICATORS
Manufacturers' inventories, end of month: of dot..
...do....
...do
Transportation equipment (incl. motor vehicles).do....
By stages of fabrications
By stages of fabrication:
...do....
of dol..
...do....
of do!..
...do
...do....
...do..-..
...do....
...do....
of dol.. ...do....
of do 1.. ...do.... ...do.... ...do....
Transportation equipment (incl. motor vehicles).do....
By stages of fabrication:
By stages of fabrication:
Fifilshed goods.0.... e. „.... Manufacturers9 orders:
Durable-goods Industries, total J./........
Transportation equipment (incl. motor vehicles)
New orders, net (adjusted), tota1....oe.... Durable-goods industries, total J./.
Pc! mary meta 1..........,.«,,............... „..., FabrIcated meta!....„.......•••....••••.•••..•< Machinery (Including e lectrical)........os••••« Transportation equipment (Incl. motor vehicles]
NoradurabSe-goods industries, total...... .... .....
Unfilled orders, end of month.(unadjusted), total. Durable-goods industries, total J/.. „0»0.. .«««,„<,,
Pr1mary meta1.................................. Fabricated metal,,.oa.,.,8,..(,......,.,,.,,. Machinery (including electrical)......oe.#.... Transportation equipment (incl. motor vehicles
Nondurable-goods industries, total......... e&e, 98
TRANSPORTATION EQUIPMENT
Motor vehicles,, factory sales, total........ ........ Coaches, tota1.....••.............................
Domestic.e..360e..0«••.•.•••••••••.••••••••••••• Passenger cars, tota1.............................
Domest ic,..e».o66S,8(,e.99.8<,«9. s.8»,e.e.e» Trucks, total.• .•••••••.••••••••••••••••••••••••.••
Domestic....••.e••••..................••.•••.•.•
of dol.. ...do ...do....
of dol... ...do.... ...do.... ...do.... ...do.... ...do.... ...do....
of dol.. ...do.... ...do....
of dol.. ...do
...do..oo
...do....
...do....
...do....
...do....
...do
...do
...do....
...do....
...do....
...do....
.•.do®« o.
0 9 edo.. 9. . e odo... B
oe„do„so«
sasdoao.ffl
93«do...•
.number..
...do.... o e o d 0 9 S O O
B099do0..-. .....do. •.. ,s..do...,
0.9Odoffl8sev
1955 I
June
43,976 24,755 3,116 2,716 8,078 5,998 1,747 906
6.5 10. 1 8.2
19,221 4,108 1,764 2,450 1,034 3,053 2,686 875
7.6 2.9 8.7
43,779 24,457 3, 188 2,587 7,905 5,961 1,747 897
6.6 10.0 7.9
19,322 4,344 1,857 2,426 1,034 3,024 2,713 850
7.8 2.9 8.6
28,314 14,571 2,328 1,640 3,929 3,548 13,743
27,795 14,033 2,477 1,562 3,734 3,225 13,762
49,32S 46,066 5,856 3,609 13,736 18,419 3,255
767,182 309 237
647,658 629,185 119,215 101,625
July
43,855 24,574 3,201 2,656 8,009 5,865 1,773 906
6.6 10.0 7.9
19,28! 4,221 1,722 2,422 1,052 3,051 2,753 827
7.6 2.9 8.7
43,938 24,563 3,197 2,604 8,010 5,905 1,755 906
6.6 10. 1 7.8
19,375 4,358 1,832 2,398 1,063 3.039 2,753 853
7.8 2.9 8.6
26,100 13,347 2,316 1,445 3,639 3,234 12,753
27,044 13,571 2,33c 1,445 3,656 3,334 13,473
50,777 47,299 6,297 3,760 14,339' 18,311 3,478
768,621 | 296 256
658,736 | 643,402 i09,589 93,739 j
1956
Apri 1
48,170 27,955 3,536 2,962 9,458 6,877 1,830 1,053
7.4 11.5 9.0
20,215 4,303 1,884 2,542 1,145 3,434 2,789 1,019
8.3 3.0 8.9
47,958 27,723 3,688 2,933 9,292 6,781 1,812 1,022
7.7 11.4 8.7
20,235 4,448 1,865 2,492 1,134 3,407 2,817
970
8.3 3.0 9.0
27,556 14,257 2, 146 1,609 4,335
3, 188 13,299
27,752 14,073 2,146 1,577 4, 122 3,188 13,679
1 57,410 54,524 7,040 4,462 17,495 20,879 2,886
654,333 371 360
552,881 529,945 101,081 82,400
May
48,834 28,446 3,658 3.037 9,655 6,889 1,868 1,057
7.6 11.7 9.2
20,388 4,238 1,829 2,602 1,144 3,477 2,856 1,024
8.2 3.1 9.1
48,466 28,123 3,770 2,920 9,523 6,830 1,850 1,036
7.8 11.6 8.7
20,443 4,467 1,866 2,526 1, 144 3,479 2,828 985
8.3 3.0 9.1
27,945 14,223 2,488 1,492 4, 187 3,052 13,722
28,803 14,732 2,392 1,538 4,460 3,213 14,071
57,525 54,678 7,026 4,513 17,725 20,750 2,847
570,486 362 304
474,010 459,070 96, 114 77,593
June
r49,295 r28,521 r3,638 r3,052 r9,77l r6,795 r1,870 r1,072
7.9 11.6 9.0
r20,774 r4,337 r1,785 r2,6i8 r1,181 r3,545 r2,924 1,015
r8.2 r3.l r9.5
r49,090 r28,174 r3,7l8 r2,907 r9,563 r6,755 r 1,870 rl,06l
r8.0 rll.5 8.6
r20,9l6 r4,587 r1,879 r2,6l8 rI,181 r3,5l2 r2,953
r8.4 r3.1 r9.4
r28,8IO 15,236 r2,!80 r 1,401 r4,6!3 r3,842 r13,574
r27,897 r14,185 r2,3l9 r1,334 r4,3l| r3,202 rl3,7l2
r58,594 r55,679 r6,635 r4,430 N8,28l r2 1,473 r2,9!5
538,052 503 471
445,758 433,859 91,791 73,463
July
49,023 28,099 3,678 2,953 9,642 6,647 1,855 1,070
8.0 11.6 8.7
20,924 4,458 1,767 2,622 1,211 3,561 3,017
8.2 3.1 9.6
49,108 28,085 3,673 2,895 9,645 6,688 r,837 1,070
7.9 11.5 8.6
21,023 4,599 1,880 2,596 1,223 3,544 3,017
8.4 3.1 9.5
25,997 13,123 2,143 1,315 3,850 3,111 12,874
27,064 13,497 2,304 1,315 3,979 3,111 13,567
60,494 57,611 7,691 4,483 18,667 21,829 2,883
522,123 307 220
440,980 429,813 80,836 63,149
r/ Revised. 1/ Includes data for "other industries8' not shown. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
4 MONTHLY BUSINESS STATISTICS — Continued
ITEM
COMMODITY PRICES
Prices received and paid by farmers: Prices received, all farm products,,.. .... ..... 1910- 14=100..
CrOpS .............................................. dO. . . a Commercial vegetables, fresh market,,......., .... .do..,. Cotton,. ..<,„.. ..... ........^...........o.^.^^do. ... Feed grains and hay do,.,.
Food grains •••.••••.•••••••..••.••.. ...do.... Fruit* .................. .. o ••.••.•.;;..do.... 01 1 -bear I ng crops..••.......•..•...••••..••.•.••• do.... Potatoes \Jm................ o • • • • • • • • •••••••.••..do.... Tobacco. •••...••••.••. do....
Dairy products.•••••••.••••••••••••••.••••••••• ..do..«,. Meat an f ma Is............'•'•••••••••••.•..•••••••••• do....
Woo i...•..••••••••••••••••.••...••«•••••••••••••. do.•. o Prices paid:
All commodities and services................ .do.... Family living iten)5........I.,,..,........,.....9do.<., Production iterns••.•••••.••••••••••••••• do....
AS! commode, services, Int., taxes, and wage rates.do....
Par ity rat i o...•••••.••• • •• •• •. •. o...............do....
CONSTRUCTION AND REAL ESTATE
Nonresidential building, total 2/. .9...,,..0.do....
New construction (seasonally adjusted), total ....do....
Construction cost index: Department of Commerce composite.. .......... 1947—49=100,.
1955
July
236 236 206 271 190 222 236 257 171 435
236 242 259 179 249
262 274 248 281 84
4,085 2,862 1,590 1,430 127 668 199 277 169 419
1,223 384 123 491
3,598 2,607 1,435 641 133
385 991 342 343
125.6
August
232 228 208 277 178 214 208 246 145 436
236 249 251 191 240
r26l 273 247
r280 83
4,205 2,893
1,587 1,435
1 19 686 205 286 172 434
1,312 380 131 569
3,638 2,620 1,433 658 132 385
1,018 335 376
125.7
1956
May
242 252 272 270 192 226 233 265 283 454
233 247 251 178 23!
264 278 250 286 85
3,714 2,550 1,270 1,105 128 704 251 266 139 427
I, 164 337 113) 470
3,686 2,559 1,257 744 126 423
1,127 327 443
r130.3.
June
247 263 310 273 192 218 266 259 338 453
232 247 252 171 231
264 280 248 286 86
4,008 2,730 1,362
1,180 142 759 261 290 150 448
1,278 357 127 535
3,678 2,555 1,250 748 125 423
1,123 340 425
r130.8
July
244 258 286 274 194 216 225 250 387 453
232 253 246 174 233
266 282 248 287 85
r4,194 r2,829 r!,4IO r1,225
142 786 268 301 159 462
r1,365 r38l rl34 r575
r3,69l r2,587 r1,270
758 125 424
r1,104 r340 r408
131.3
August
237 236 230 263 197 218 210 249 203 451
238 256 259 171 232
267 281 250 288 82
4,261 2,842 1,402 1,220 140 786 273 294 161 481
1,419 386 134 615
3,689 2,580 1,263 756 124 426
1,109 342 413
r/ Revised. \J Includes sweetpotatoes and dry edible beans. 2/ Except farm and publ ic u t i l i t y .
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