BUSINESS August 16, 1963

°?*JsSSst&* 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, 1957-59=100 Index 1957-59=1

150

140

130

120

110

ELECTRIC POWER PRODUCTION (by utilities) (E. E. 1. seas. adj. index)

i i ' i i ' i 1 i i i i i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly

I I 1 \ l i t 1. 1,1 1, ,

1960 1961 1962 1963 J F M A M J J A S O N D

Billion Dollars

.20 SALES OF RETAIL STORES (seasonally adjusted)

I I I I I I I I I I I I I I f I 1 I i I I t I 1 I I I I I I U I I I I I I I M I I .M.i.t

I960 ' 196? > 1962 1963

Billion Dollars

80

40 h

20

NEW CONSTRUCTION (seasonally adjusted annual rate)

Total

|°ooQoo«-oo4>

Private Residential (non farm)

I l I I l I. I I...J I I . I I . I I . I I I I l l I I I I I I I I I J i.i.i i I i i t j..r. 1960 1961 1962 1963

Index, 1957-59 = 100

130 DEPARTMENT STORE SALES & STOCKS

|— (seasonally adjusted)

100

' • • • • I • • • • • I • • I • I I • • • • I I I I I I I I I I I

1960 1961 1962 1963

Dollars 2.80

2.60

2.40

2.20

2.00

1.80

MANUFACTURING HOURS & EARNINGS

Average Hourly. Gross- Earnings

(left scale)

\

I I I l I I i i I l i I I l I I i,l I l l l I

48

46

1960 1961 1962 1963

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

http://ii.II.Ii.iiii

2 WEEKLY BUSINESS STATISTICS'

ITEM

COMMODITY PRICES, WHOLESALE: A11 commod It ies 1957-59= 100..

ALL RETAIL STORES, SALES mil. $.. DEPARTMENT STORE SALES 1957-59=100..

INITIAL UNEMPLOYMENT CLAIMS, State programs thous.. INSURED UNEMPLOYMENT, atf programs do.... • State programs (50 States and Puerto Rico) 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:4/

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:

FREIGHT CARLOADINGS, TOTAL thous. cars..

1962

Aug. 4

*I00B4 *96.5 *I00.8 *I00.8 92.8 4,516

99

297 1,643 1,486 310

33,813 31,066 19,838

434

62,451 33,114 122,3i4 31,638 33,146 14,525

4.65 57.75 60,46

1,371 16,565 136,977 7,239

1,578 84.7 568 289

Aug. II

92.6 4,426

100

281 1,658 1,502 306

33,938 31,559 19,815

490

61,308 33,242 121,149 30,959 33,120 14,542

4.64 57.51 60.20

1,379 17,159 105,179 7,261

1,578 84.7 566 287

1963

July 20

S00.5 97.1 102.4 100.6 93.7 4,643

98

278 1,632 1,476 230

35,850 34,419 20,170

594

62,526 36,660 i3l,924 29,736 35,261 16,908

4.49 68.93 72.30

1,487 18,501 190,384 7,644

1,939 104.1 588 306

July 27

100.5 97.3 102.4 100.6 94.2 4,603

98

264 1,606 i,450 272

35,698 34,030 i9,928

471

62,883 36,700 130,874 29,214 34,947 16,978

4.50 68.28 71.62

1,574 18,771 172,990 7,649

1,856 99.6 601 305

Aug. 3

!00.3 96.8 101.4 100.6 93.1 4,765

i03

297

238

35,561 33,611 19,648

292

63,304 36,737 131,963 29,099 35,024 17,022

4.50 69.13 72.48

1,514 18,607 130,230 7,606

1,782 95.7 558 278

Aug. 10

100.2 96.4 100,8 100.5 93,4

35,703 34,174 19,897

487

4.50 69.96 73.36

56,353

1,748 93.8

\J Data do not always cover calendar weeks. £/ Tuesday price. 5/ Dally average. 4/ Wednesday data. * Monthly index for July 1962.

MONTHLY BUSINESS STATISTICS

ITEM

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL. • ••••• »Bii I• •••

d o

Nonresidential buildings, total J/ do....

Public utilities do....

do.... do

NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL RATES), TOTAL ^ mil- *--

M i1itary fac i1i t i es

CONSTRUCTION COST INDEX: DEPARTMENT OF COMMERCE COMPOSITE

do....

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

do....

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

..1947-49=100..

1962

June

5,826 4.112 2.492 1,697 686

971 235 433 225 137

, 489

1,714 472 157

| 618 467

| 62,678 | 44,842

26,118

11,403 2,950

E 4,865 2,352 1,531 5,539

17,836 5,257 1,549 5,989

I 148

July

5.743 i 4,078 2,368 1,759 516

1,025 239 469 252 147 491

1,665 461 94

1 643 467

62,064 44,908 25,987

11,661 ! 2.962 i 5,110

2,588 1,533 5,444

17,176 5,043 1,170 5,876

148

1963

Apr.

4,790 3,496 2,072 1,454 521

837 225 353 148 112 455

1,294 436 90

! 352 416

60,626 43,818 25,247

| 11,185 ! 2,815 I 4,846 I 2,162

1,464 5,640

16,808 1 5,231

1,204 5,254

151

May

r5,470 r3,972 r2,457 r1,632 r725

871 225 372 161 130 489

r1,498 r456 107 488 r447

r62,45l r45,170 r26,689

10,986 I 2,837

4,630 1,979 1,576

r5,625

rl7,28l r5,36l 1,277 5,586

1 rl5l

June

r5,925 r4,22l r2,63l rl,8l2 r7l7

923 226 402 183 140

r497

rl,704 r509

r469

r63,73l r46,066 r27,605

10,912 2,833 4,566 1,909 1,595

r5,632

rl7,665 r5,666

' r 151

July

5,911 4,216 2,539 1,905 529

991 238 437 208 147

[ 506

1,695 1 489

63,985 46,481 27,624

11,335 2,948 4,792 2,129 1,551 5,625

17,504 5,342

1 15!

r/ Revised. \J Except farm and public utilities. 36068 "

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

MONTHLY BUSINESS STATISTICS—Continued 3

STEM

DCMESTiC TRADE

RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL ±/uu,„€„ mil. $.

Durab le coods stores do. *. Automot i ve group . ... e do... Lumber, building, hardware group do...

Nondurable goods stores do... Apparei ;-rcupu do,.. Eating and drinking places do.,. Food group .do... General merchandise group.. do...

ESTIMATED SALES (SEAS. ADJ.), TOTAL!/ do... Durab le goods stores do...

Automot I ve group do... Lumber, building, hardware group do...

Nondurab le goods stores do... Appare I group do... Eating and drinking places do... Food group do... Genera I merchand i se group do...

ESTIMATED INVENTORIES: Unadjusted, total bil. $. Adjusted, tota I 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... Eating and drinking places do... General merchandise group do... Grocery stores do.. • Lumber yards, building materials dealers do... Tire, battery, accessory dealers do...

Estimated sales (seasonally adjusted), total do... Appare I group do. • • Eating and drinking places 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 1957-59=100. SeasonaI ly adjusted index do.•.

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

Durab le goods estab I i shments do... Nondurab le goods estab I i shments do...

Inventories, estimated (unadjusted), total do... Durab le goods estab 11 shments do... Nondurab le goods estab 11 shments do...

EMPLOYMENT, HOURS, AND EARNINGS

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

Manufacturing do... Mining do... Contract construction do.• • Transportation and public utilities do... Wholesale and retail trade dr... Finance, insurance, and real estate do... Services and miscellaneous do... Government do...

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED d o . . .

SEASONALLY ADJUSTED do... Durable goods industries, unadjusted 2/ do...

Seasonal ly adjusted do... Lumber and wood products do... Furniture and fixtures do... Stone, clay, and glass products do... Primary metal industries do... Fabricated metal products do... Machi nery do... Electrical equipment and supplies do... Transportat ion equipment do... Instruments and related products do... Miscellaneous manufacturing industries do...

Nondurable goods industries, unadjusted 2/ do... Seasona 11 y adjusted do...

Food and kindred products do... Texti le mill products do... Apparel and related products do... Paper mid allied products do...

1962

June

20,254 6,786 3,944 1,068

!3,468 1,12.1 1,537 5,033 2,141

!9,I63 6,029 3,436

923

!3,I34 1,114 1,464 4,722 2,193

27.02 27.08

5,499

4,698 299 106

1,402 2,041

71 101

4,523 291 102

1,420 1,899

61 87

105 III

13.12 4.69 8.43 13.71 7.08 6.63

55,535 16,923

652 2,671 3,934 11,621 2,788 7,749 9,197

12,516 12,581 7,025 7,035 571 317 476

936 868

1,034 1,039 1,137 228 322

5,491 5,546 1,176 803

1,093 483

July

S3,138 6,330 3,567 1,070

12,808 971

1,566 4,733 1,926

19,761 6,378 3,658 978

13,383 1,200 1,404 4,835 2,283

26.91 27.18

5,041

4,269 250 105

1,262 1,818

72 96

4,635 314 99

1,472 1,913

64 89

96 114

12.71 4.47 8.24 13.70 7.06 6.64

55,617 16,906

648 2,736 3,913 11,652 2,792 7,783 9,183

12,403 12,551 6,925 7,024 568 313 476

903 852

1,020 1,031 1,121 226 316

5,478 5,527 1,224 786

1,071 476

1963

Apr.

20,518 6,982 4,262 977

13,536 1,268 1,463 4,677 2,299

20,320 6,660 3,900 948

13,660 1,170 1,522 4,846 2,328

28.26 27,64

5,574

4,651 353 102

1,504 1,862

63 92

r4,723 305 105

1,519 1,944

64 90

112 115

13.54 4.81 8.74 13.97 7.08 6.89

56,191 16.915

635 2,730 3,912 11,760 2,844 7,918 9,477

12,322 12,524 6,973 7,043 529 314 460

955 857

1,032 1,022 1,173 231 304

5,349 5,481 1,088 770

1,106 474

May

r21,228 r7,239 r4,30l rl,068

r13,989 rl,!63 r1,562 r5,066 r2,278

r20,249 r6..565 r3,773 r952

rl3,684 rl,168 rl,5!3 r4,857 r2,338

r28.06 27.59

r5,776

r4,850 315 107

r1,491 2,063

72 97

r4,740 314 105

rl,52l 1,955

64 87

112 117

rl3.9l r4.9l r9.00 r14.04 r7.23 r6.8l

r56,436 r17,023

r640 r2,744 r3,93l rll,8l7 r2,855 r7,933 9,493

12,424 rl2,6l3 r7,048 r7,105 r553 313 473

r97l r870

r1,029 1,024

rl, 175 r23l r3ll

r5,376 r5,508 rl,l06 r770

rl,ill 476

June

r20,755 r7,040 r 4 , H 5

1,050

r l 3 , 7 l 5 r l ,531 r l , 599 r4,943 r2 ,50!

r20,48! r6 ,6 l4 3,808

951

r 13,867 1,170 1,510 4,937 2,444

27.68 27.73

5,685

4,767 307 108

1,536 1,950

73 103

4,837 312 104

1,603 1,965

65 93

rpll3 pl20

13.06 4.75 8.33 14.12 7.29 6.83

r56,588 rl7,023

636 r2,764 r3,940 r11,842 r2,856 r7,976 r9,55l

r12,548 rl2,6l2 r7,IOO r7,111

541 r3l8 483

r986 r883

r 1,034 rl,033 rl,l74 r235 r3l7

r5,448 r5,50l rl,l56

775 r1,111 r482

rj Revised, 36068

j)/ Preliminary. \J Data for July 1963 are advance estimates. 2/ Includes data not shown separately. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

EMPLOYMENT, HOURS, AND EARNINGS—Con,

PRODUCTION WORKERS, nondurable goods industries Con., Printing, publishing, and allied industries thous. Chemicals and allied products r do.,,, Petroleum refining and related industries.«;,,,,.,do. t B Rubber and mi see I I aneous p I ast i c: products a do,,, Leather and leather products * do...

HOURS AND EARNINGS PER WORKER ON PAYROLLS OF MFG. ESTAB,: Average weekly gross hours, mfg. indus., unadj. hours.

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

Seasona 11 y adjusted,. „«, „ „ ,..,.*. „ «,.„,,.do Nondurable goods industries, unadjusted do...

Seasonal ly adjusted tdo... Avg. hourly gross earnings, mfg. industries „.dollars.

Durable goods Industr ies..oe „ *.do... Nondurable goods industries do...

LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS: Accession rate, total ..monthly rate per 100 employees.

Seasona! ly adjusted do... New hires do...

Separation rate, total do... Seasonal ly adjusted do...

Quit , do.., Layoff,.... •*........,..,. do...

FINANCE

FEDERAL GOVERNMENT FINANCE: Net cash transactions (Federal) with the public: \J

Receipts from...,. .....mil. $.. Payments to , do.... Excess of receipts, or payments (-) do....

Seasonally adjusted quarterly totals: Receipts., • ....... c do, „,, Payments ,, „ do.«. .. Excess of receipts, or payments (-) do....

GOLD, MONETARY STOCK, U.S., end of month do SILVER, PRICE AT NEW YORK dol. per fine oz..

ELECTRIC POWER

PRODUCTION, TOTAL nil. kw.-hr.. Electric utilities, total do....

3y fueIs do.... By water power do....

Industrial establishments, total do.... By fuels do.... By water power do....

METALS AND MANUFACTURES

STEEL PRODUCTS, NET SHIPMENTS: TOTAL thous. sh. tons.. Industrial trucks (electric), shipments: Hand (motor i zed) number.. Rider-type do....

I n d u s t r i a l t r u c k s and t r a c t o r s ( g a s o l i n e - p o w e r e d ) , sh ipments number. .

1962

June

597 520 130 304 321

40.7 40.5 41,2 41 .0 40.1 40 .0 2.39 2 .56 2.17

5.0 3.9 3.4 3.8 4 . 3 1.5 1.6

13,077 9,624 3,453

26,500 27,000

-500 16,435 1.023

77,819 70,164 56,397 13,767 7,655 7,373

282

5,360

492 560

2,641

July

592 521 130 296 316

40.5 40.5 40.8 4I40 40.0 39.8 2.39 2.56 2.17

4.5 4.1 2.9 4.A 4.6 1.4 2,2

4,567 9,314

-4,747

16,147 1.035

80,322 72,933 59,479 13,453 7,390 7,143

247

4,505

568 524

2,368

1963

Apr.

590 532 119 303 301

39.9 40.3 40.6 40.8 39.0 39.6 2.45 2.62 2.21

7,251 9,728

-2,476

15,877 1.273

78,273 70,535 55,681 14,854 7,738 7,424

314

7,308

579-550

2,21?

May

r59l 530

rl2l 305

r302

.-40.5 r40.6 r4i.2 r4l.2 39.6 39.9 2.45 2.63 r2.2l

3.9 3.9

r2.5 r3.6 r3.9 8.4

rl.5

11,327 9,991 1,336

15,797 1.279

81,756 73,619 58,102 15,517 8,138 7,807

331

8,061

558 532

2,569

June

r592 r529 122

r30S r3l2

r 4 0 . 8 r 4 0 . 6 r 4 l , 6 r 4 l . 4 r 3 9 . 9 r 3 9 . 8

2.46 r2 .64

?„22

p4B7 P 3 . 7 p3 .2 p3 .2 p 3 . 6 p i . 3 p i , 3

13,975 9,429 4,546

27,800 28,200

-400 15,733 1.277

83,665 75,731 61,756 13,975 7,935 7,653

281

7,375

550 589

2,750

July

p592 p529 pl22 p295 p309

p40 .6 p40.G p 4 l . 2 p 4 l . 4 p39 .9 p39 .7 p2 .46 p2 .64 p2 .23

15,633 1.290

r / R e v i s e d . £ / P r e l i m i n a r y . J . / Other t han b o r r o w i n g . USCOMM-DC—36068

UNITED STATES

GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.

PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300

OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

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