BUSINESS February 16, 1962

° ' «OS!NESS t«-° STATISTICS 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, 1941-43 = 10

100

90

80

70

60

50

PRICES OF 425 INDUSTRIAL STOCKS /Anil%

-

^ ^ ^ m ^ ^ ^

~^^^^^ ^SSm^

n t i ^ J U l ^ J ^ j J ^ J ^ L ^ ^ .Uw^J^^J^J^^J^J^J-ULJ^J—i^ . J - J U U - J - L I J ^ I i t •^JLJ^J 1 1

Monthly • avg. dose)

"

-

-

-

J 1 L.J 1 1

Index, 1941-43 = 10 100

Weekly (Wednesday dost

1962

Itf /

1961

90

80

70

H 60

1959 1960 1961 1962 i i i i i I i i i i i j j 5 0

J F M A M J J A S O N D

Index, 1957-59=100 200

STEEL PRODUCTION (ingots and steel for costings) Monthly

Index, 1957-59=100 200

Billion Dollars

450

400

350

300

250

PERSONAL INCOME (seasonally adjusted, at annua! rates)

Total

Wage and Salary Disbursements

|jU M M I M I M 1 I I M I l l M M I M I M I M M I I I I I I 1 I I M M

1959 1960 1961 * Data for March and July 1961 include accelerated and special Govei

dividend payments, respectively.

1962

Billion Dollars

20

15

10

SALES OF RETAIL STORES (seasonally adjusted)

Total

Nondurable Goods"

Durable Goods

|fl I I i t I i i i i » 1 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 M > • H M

1959 1960 1961 1962

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

2 WEEKLY BUSINESS STATISTICS1

ITEM

COMMODITY PRICES, WHOLESALE: A ! 1 commod Jt i es 1947-49= 100..

DEPARTMENT STORE SALES do....

INITIAL UNEMPLOYMENT CLAIMS, State programs thous.. INSURED UNEMPLOYMENT, all programs do....

FAILURES, INDUST. AND COMMERCIAL (DUN & BRADSTREET)..number.. FINANCE:

Federal Reserve bank credit outstanding, total .3/....do....

Reporting member banks (of F.R.System) in leading cities:^/

Loans and investments (adjusted), total do....

Commercial and industrial loans (gross) do....

Bond yields, domestic corporate (Moody's) ,3/ percent.. Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10..

PRODUCTION:

Index of prcduction«ssesssssss........... 1957-59=100.. FREIGHT CARLOADINGS, TOTAL thous. cars..

1961

Feb. 4

83.7 106

496 3,611 3,358

368

31,776 27,853 18,963

548

110,987 31,086 31,294 12,787

4.63 61.90 65.47

1,213 15,347

123,729 7,137

1,492 80.1 498 258

Feb. II

*II9,9 *89.7

*I09.9 *I28.1

84.2 ill

510 3,628 3,39" 1

376

31,805 28,148 18,948

568

109,966 30,630 31,274 12,758

4.61 62.21 65.79

1,227 15,012

110,638 7,174

!,524 81.8 486 252

1962

Jan. 20

119.7 89.6 109.8 127.9 85.5 125

420 3,055 2,524

396

33,386 30,529

20,055 606

65,050 30,458 118,692 33,954 32,230 13,407

4.70 68.32 72.16

1,423 16,857

162,717 7,388

2,34! 125.7 533 279

Jan. 27

119.6 89.6 109.6 127.8 85.1 117

385 3,014 2,488

389

33,070

30,185 19,970

69 s

64,762 30,559 1i8,038 34,312 31,981 13,406

4.70 68.40 72.27

1,371 16,686

165,929 7,420

2,390 128.3 533 280

Feb. 3

119.5 88.9 109.7 127.8 84.7 115

347

345

32,792 29,678 19,757

5.30

64,375 30,640 118,536 34,475 32,000 13,420

4.70 68.84 72.77

1,373 16,440

162,379 7,406

2,446 131.3 549 294

Feb. 10

1 19.4 89.1 109.5 J27.7 84.2

313

32,776 29,873 19,721

493

4.70 70.42 74.50

152,757

?,446 131.3

J / Data do not always cover calendar weeks. 2/ Tuesday prices. 2>/ Daily average. 4 / Wednesday data. * Monthly index for Jan. 1961.

MONTHLY BUSINESS STATISTICS

ITEM

GENERAL BUSINESS INDICATORS

PERSONAL INCOME, BY SOURCE:

SEASONALLY ADJUSTED, AT ANNUAL RATES:

Wage and salary disbursements, total...

Propr i etor s' i ncome;

Less personal contributions for social

DOMESTIC TRADE

RETAIL TRADE, ALL RETAIL STORES:

ESTIMATED SALES (UNADJUSTED), TOTAL 1/

bil. $..

do.... do.... do.... do.... do....

do.... do.... do....

do.... do....

insurance.do.... do....

do.... do.;..

...do....

do.... do.... .do.... do.... do.... do.... do....

I960

December

404.0 269.6 106.2 84.0 71.8 41.7 49.8 11.3

36.0 12.8 11.6 14.1 26.7 31.0 9.2

387.2

22,153 6,091 2,998 1,123

892

16,062 1,979 818

1,352 5,087 1,511 3,604

1961

January

403.6 269.6 106.2 83.8 71.8 41.6 50.0 11,0

36.0 12.8 11.6 14.2 26.8 31.1 9.6

386.8

15,803 4,634 2,676 723 659

!1,169 886 606

1,229 4,287 1,381 1,456

October

425.2 286.4 114. i 89.9 74.8 44.4 53,1 11.4

37.0 13.5 11.5 14.5 27.7 33.1 10.0

407.2

18,761 6,047 3,308 915

1,028

12,714 1,188 634

1,409 4,523 1,550 2,165

November

429.3 289.4 115.8 91.3 74.7 44.7 54.2 11.5

37.3 13.8 M.5 14.8 27.9 33.2 10. 1

410.9

r19,224

r6,095 r3,398 r960 r949

r 13, 129 r 1,261

r646 r1,359 r4,595 rl,5!4 r2,459

December

r43l.8 r290.7 rl 15.6 r9l.4 r75.4 r45.l 54.6 11.7

37.4 13.5 11.5 15.5 28.2 33.4 10. 1

r4l3.6

r22,909

r6,305 r3,!38 r 1,185

911

r16,604 r2,064

r882 r1,427 r5,i7l r1,542 r3,861

1962

January

430.3 290.1 114.3 90.6 75.7 45.2 54.9 1 1.8

37.4 13.3

1 1.5 14.9

28.5 33.1 10.2

412.3

16,794 5,079 3,063

725

11,715 972 667

1,323 4,403 i,4?8 1,638

r7 Revised. U Data for Jan. 1962 are advance estimates. 5280

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

MONTHLY BUSINESS STATISTICS — Continued 3

I960

December

1961

January October November December

DOMESTIC TRADE—Continued

RETAJL TRADE, ALL RETAIL STORES—Continued ESTIMATED SALES (SEAS. ADJ.), TOTAL 1/ mil. $.

Durable goods stores........_,-.,,._..._.,_..... .do... Automotive group do... Furniture and appliance group do... Lumber, building, hardware group do...

do... do... do...

I. $. do... do...

Nondurable goods stores............ „ do. Appare I group do. Drug and proprietary stores 9 e..do. Eating and drinking places do. Food group Gasoline service stations General merchandise group

EST SMATED iNyENTOR iES: Unadjusted, tota I bi

Durable goods stores Nondurab I e goods stores

Adjusted, tota I do... Durable goods stores do... Nondurable goods stores do...

RETAIL FIRMS WITH 4 OR MORE STORES: Estimated sales (unadjusted), total mil. $.

RETAIL FIRMS WITH II OR MORE STORES: Estimated sales (unadjusted), total do...

Appare I group do... Drug and proprietary stores do... Eating and drinking places do... Furniture, homefurnishings stores do...

General merchandise group ,do... Grocery stores do... Lumber yards, building materials dealers do...

Estimated sales (seasonally adjusted), total do... Appare I group do... Drug and proprietary stores do... Eating and drinking places do... Furniture, homefurnishings stores do...

General merchandise group do... Grocery stores do... Lumber yards, building materials dealers do... Tire, battery, accessory dealers. . »do.*.

DEPARTMENT STORE SALES, UNITED STATES TOTAL: Unadjusted index 1947-49= 100. Seasonally adjusted index do...

WHOLESALE TRADE: Sales, estimated (unadjusted), total bil. $.

Durable goods establishments do... Nondurable goods establishments do...

Inventories, estimated (unadjusted), total do... Durab IG goods estab I ishments do... Nondurable goods establishments do...

EMPLOYMENT, HOURS, AND EARNINGS

EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): TOTAL, SEASONALLY ADJUSTED thous.

Manufacturing . do...

Mining do... Contract construction do... Transportation and public utilities do...

Wholesale and retail trade do. Finance, insurance, and real estate do. Services and miscellaneous do. Government do.

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED do.

SEASONALLY ADJUSTED do.

Durable goods industries, unadjusted do.... Seasonal ly adjusted do....

Ordnance and accessories do.... Lumber and wood products do.... Furniture and fixtures do.,.. Stone, clay, and gless products do....

Primary metal industries dol... Fabr i cated meta I products do..,. Mach i nery do.... Electrical equipment and supplies do.... Transportation equipment do.... Instruments and related products do.... Miscellaneous manufacturing industries do....

17,887 5.488 2,970 840 895

12,399 1,100 633

1,358 4,502 1,502 1,991

25.98 11.72 14.26 27.18 12.33

14.85

6,800

6,003

511 187 9! 44

2,321 2,093

5/ 108

4,245 279 124 91 37

1,295 1,817

67 8!

262 146

12.58 4.09 8.48 13.21 6.61 6.60

53,707

16, 174 679

2,757 3,950

11,334 2,723 7,447 8,643

12,005 11,962

6,613 6,563

92 518 302 449

880 826 972 952

I, 101 224 297

17,773 5.359 2,848 844 913

12,414 1,144

615 1,340 4,563

1,465 1,950

25.84 11.78 14.06 26.83 Si.93 14.90

4, 107

3,534 200 113 84 28

910 1,695

48 59

4,195 289 122 90 36

1,250 1,808

67 79

108 142

11.37 3.77 7.60 13.14 6.59 6.55

53,581

16,021 67?

2,773 3,931

11,347 2,727 7,A39 8,671

11,740 11,820

6,449 6,447

92 502 294 429

866 804 968 946

!,047 221 280

18,587 5.865 3,278 880 918

12,722 1,173 644

1,369 4,646 1,521 2,101

r27.00 10.96

r16.04 r26.40 rIi.25 M5.I4

5,241

4,423 310 122 98 41

1,421 1,771

74 96

4,441 308 126 96 38

1,379 1,845

64 97

153 152

13.69 4.74 8.95

r13.74 r6.77 r6.97

54,385

16,361 661

2,758 3,929

11,365 2,764 7,580 8,967

12,379 12,129

6,771 6,676

98 555 317 470

950 848 955 997

1,02! 226 334

r19,107 r6.199 r3,609

r866 r930

r12,908 rI,187

r675 r1,398 r4,694 r1,519 r2,165

r27.70 11.26

r16.44 .-26.74 il.44

r 15.31

r5,60l

r4,726

335 130 98 43

1,610 1,843

64 94

r4,525 313

135 100 37

rl,4IO 1,877

63 96

rl84 rl53

r13.64 r4.55 r9.09

r13.78 r6.74 r7 .04

r54,525

r16,466

r665 r2,7l9 r3,927

rI 1,374 r2,77l r7,6ll r8,992

r 12,4 14 r12,225

r6,833 r6,766

98 r542 316

r463

r953 rS56 r960 1,012 !,I24 r229 330

r18,863 r5.93l 3,276

918 958

r12,932 1,172 687

1,413 4,634 1,535 2,188

25.78 11.03 14.75 26.87 li.52 15.35

7,493

6,376 542 212 100 50

2,517 2,135

5i 129

4,579 302 141 100 41

1,434 1,899

63 100

rp279 rpl56

12.92 4.25 8.67 13.48 6.66 6.82

r54,495

r16,518 r656

r2,698 r3,904

r I 1,363

2,772 r7,640 r8,944

rl2,3!3 r12,269

r6,853

r6,305 r98 524 313

r450

r96l r852 r979

r!,0!4 rl,!27

r227 r307

rf Revised. 5280

£/' Preliminary. \_{ Data for Jen. 1962 ore advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM I960

December

S96I

January October December

EMPLOYMENT, HOURS, AND EARNINGS—Continued

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS—Continued Nondurable goods industries, unadjustedsc9*. e s o. e ethous 8

Seasona 1 Sy ad justed*, „„.^ 9 s. a....» 8.,..,. 8.. 8.do s. 6

Food and kindred products.... Tobacco manufactures Text lie mill products .....••• Apparel and related products. Paper and allied products.esa

a o e . e o e < 3 S o e d o 0

e o e 9, a s s S B«,do e

..ffl6..aa.esdoe

•••*••••••.do. o e i s o a s a e f f l a edo.

Printing, publishing, and allied industries* Chemicals and allied products9<,6ses»eeBeo«,sl

Petroleum refining and related industrseseo, Rubber and miscellaneous plastic products,,*, Leather and leather products ae a. se 0 .„,*«.«, ffi9<

HOURS AND EARNINGS PER WORKER ON PAYROLLS OF MFGe

Average weekly gross hours, mfgs Indus®, unadjffl< Seasonal ly adjusted. .....<,«...«,..8e*a<>8«e<,a,

Durable goods industries, unadjusted. o e e e 6 8 S., Seasona i i y adjusted 0 aaBaaBS0 aBa0eee>&eoeB@ees

Nondurable goods industries, unadjusted„...,•« Seasonal ly adjusted. ses • • ao e® • 0Qe aS«,aa,o0oe0!

Avge hourly gross earnings, mfga

Durable goods industrlesaeee.. Nondurable goods industriess..

industries,,

o e e a 8dOe B f f l

6 S 6 e e d o s * s

s o 6 e . d o . O 0

s a...do a e. fflseeedoaoo ESTAB* 2 ..eshourse

...9.do„se

e s s s a d o e O 0

o e. a*do s. s

S 9.* edo e. a

.....do...

s edo Ilarss s o e e.do. e e

,....dO...

METALS AND MANUFACTURES

STEEL PRODUCTS, NET SHIPMENTS; Total (all grades) J/.....................thous.

Structural shapes (heavy), steel pi I ing...,,...

Bars and too I stee I, totaI.................... Pipe and tubing............................... Tin mill products •••••••••••••••• Sheets and strips (incl. electrical), total e e.

Foundry equipment (new), new orders, net mo, avg. shipments,

Industrial trucks (electric), shipments; Hand (motorized)••.••.•••••••••••••••.•••••••••• R i der-type •••••••••••••••••..

Industrial trucks and tractors (gasoline-powered),

shs tonsee

••..e.do8.*« e•••»td0 9 6•«

ffiOaseedoB0@, ••••••do.... o »<,**. do. •»,

•.es C edO s..<

947-49=100,a

..number..

....do.... shipments

number.. MACHINE TOOLS;

Metal cutting tools: Orders, new (net), total ......mil. $..

Domest ic........00.980S960ffleae.8.eeo8.(60.<!,0.«,S(seo do* • •« Shipments, totaI..•••.••••••...••••••••••••.•••••••do....

Domestic..•••••••.•..•.,•••.•••••••••••••••.<,•••..doe8«« Est i mated back log „ „ ..„.„ months..

Metal forming tools; Orders, new (net),B,0,,899,,94..489,..68,.t„e.,8.mlU $ee

Shipments.. e».oeaii,o8!!>sso,,8...........«,»,,>».0«,«00... edo..0« Est i mated back Iog••••••••••••••••••••••••••••••• 8mont hs..

5,392 5,394

1,169 85 791

1,055 466

599 500 132 277 318

38'. 38, 39, 39, 38, 38,

2.29 2.46 2.09

4,1 16 320 378 621 407 288

1,695

I0ie2

342 449

1,628

47.45 29.45 48860 33.00 4.3

11.55 12.75 4.3

5,291 5,373

1,121 81 778

1,039 463

591 497 131 271 318

38.9 39.0 39.3 39.3 38.5 38.7

2.29 2*45 2.09

4,638 308 378 669 489 577

1,790

123.7

375 343

1,318

35.75 20.95 36.95 25e!Q 4.3

20.35 8.55 5.0

5,608 5,453

1,286 96 806

1,087 477

602 510 132 294 317

40e4 40.2 40e9 40.6 39.8 39.6

2034 2.51 2.13

6,046 426 567 938 632 430

2,423

106s9

495 370

1,987

47.30 28.55 45.15 28e35 5.7

9.10 11.00 2.7

r5,53l r5,459

rI,220 82 805

r1,092 478

r604 510 r!26 296 320

40.6 40e6 41.1 41.2 39.9 39.7

2a36 r2e54 r2.!4

5,787 403 608 904 495 405

2,411

7797

272 292

1,031

r5l.95 r39.80 r48.10 r32620 r5*5

r 12.95 r11.00 r2.9

r5,460 r5,464

rl,160 r80 r802

r1,087 r477

r602 511 123 297 r323

r4096 r40«4 r4t„2 r4l.l r39.9 r39e8

r2e38 r2.55 r2s!5

5,787 404 590 868 448 357

2,564

89.8

336 383

p43e95 p32.35 p56„75 p39,05 p4B7

p!3o05 p13.80 p2.8

rj Revised. j>/ Prel iminary. USC0MM-DC--5280

\J Includes data not shown separately.

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