.uTMENTQf r~

BUSINESS July 24, 1959

STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS ' " ' • " • ' • " " • " " I * ' " " " • ' " " " " " " " • " " I l " " ' " • I I M I — 1 — T O I I • • • . • • • . • . . • • • I I M . . W I M tf | | . Ml I I I .111.1 I H I ! Illll I I

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

2 7 5

2 5 0 H

22 5

2 0 0 k

ELECTRIC POWER PRODUCTION (by utilities) (E. E. I. seas. adi. index)

Monthly Weekly f

Index, 1947-49=100

2 7 5

/ 1958

•d 2 5 0

H 2 2 5

2 0 0

I 7 5 [ j i 1 i i. 1 i n i i i 1 i i i i i I i i i i i 1 i i t i i 1 i i i i i I. i t » r t 1 I i i i i I 1 I I I I 1 M I I I Ui I 7 5 1956 1957 1958 1959 J F M A M J J A S O N O

Billion Dollars

4 0 0

3 5 0

3 0 0

250

200

PERSONAL INCOME y (seasonally adjusted, at annual rates) ^ •

Wage Dish

AJLLLLL-LULL

Total

and Salary vrsements

-ui 11 Liu i i.

i/

J J 1 1 1 1 1 M 1 1

A

e * * * ^ A

_UU_l_LLj_l_Li_LJ

j / 1956 1957 1958 1959 Data for June, July, ana August include retroactive salary payments to Federal employees.

Index, 1947-49= 100

40

20

0 0

80

WHOLESA

A

LE PRICES

0 Commodities

I ^ Farm Products

y^ J-LLLLJJL 1 1 I I .1 1 1,11,1 1 i,J LI.,

Commodities Farm Products

V

K* v̂. ,1,1,111 L jLLLL

other than and Foods 1

w^

1111ll 111II

index, (947 -49= 100

180

160

1 4 0

120 h

TOTAL INDUSTRIAL PRODUCTION (F. R. B. seas. adj. index)

0 0 [ i i -i i i I i I t i i 1 i i i i i I i i i i i I i i i i 11 t i r i i [ i i i i i I i i i_ i •

1956 1957 1958 1959

Mi l l ions

2 .0

1.5

1.0

.5

0

NEW PERMANENT NONFARM DWELLING UNITS STARTED (privately owned) * |

i t M 1 1 1 I I 1 1 -1--LL l"-» 1 • 1 «.l-L

H

A ^Seasonally adjusted,

at annual rates -LULL I 1 ,LU 1 i 1 1 1 1 1 1 M 1 1 11

1956 1957 1958 1959 1956 1957 1958 1959

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

2 WEEKLY BUSINESS STATISTICS1

ITEM

Commodity prices, wholesale:

Finance:

Federal Reserve bank credit outstanding, total 4/....do....

Reporting member banks (of F.R.System) in leading cities:J5/

Real-estate loans (gross) do....

Bond yields, domestic corporate (Moody's) 4/ percent.. Stock prices, 500 stocks (Stand. & Poor's) 5/..1941-43=10..

Production:

Freight car loadings total•••••••••••••••••••thous. of cars..

1958

July 12

• ••.......

86.0 116

2,848 2,599 275

31,384 26,589 18,809

758

58,337 29,294

34,489

10,317

3.99 45.25 48.14

1,072 11,851 88,180 6,439

1,442 #53.4 492 269

July 19

*II9.2 *95.0 *II2.7 *I25.6 86.6 110

2,769 2,527 279

31,375 26,398 18,518

569

4.01 45.25 48.08

1,256 12,257 102,202 6,528

1,481 #54.9 582 282

1959

June 27

87.6 118

1,368 1,256 256

31,814 28,147 18,627

499

4.70 57.41 61.64

1,533 13,749 156,187 7,025

2,486 87.8 698 347

July 4

87.1 109

1,396 1,286 244

31,858 28,042 18,386

369

60,835 30,967 103,476 29,980 28,528 12,198

4.71 58.97 63.41

1,810 13,124 132,386 6,914

2,215 78.2 573 325

July II

119.4 89.0 107.3 128.2 87.0 126

237

32,112 28,319 18,452

532

60,316 30,938 104,401 30,958 28,483 12,211

4.72 60.03 64.56

1,440 13,502 150,574 6,802

2,252 79.5 554 307

July 18

119.3 88.3 107.1 128.2 86.7

242

32,201 28,462 18,640

516

4.72 59.59 64.08

154,498

1,097 38.7

J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for following programs: R.R.; Federal employees; veterans; and ex-servicemen. .4/ Daily average." J5/ Wednesday data."" Figures for member banks are on revised basis; leaders indicate data not available. 6>/ Week beginning July 20, 1959: ""Production, 374 thous. short tons; operating rate, 13.2 percent. *Monthly index for July 1958. #Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1959 rates which are based on January I, 1959, annual capacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS

ITEM 1958

March April

1959

January February March April

GENERAL BUSINESS INDICATORS

National income and product: ±/ Seasonally adjusted quarter Iv totals at annual rates:'

National income, total bll. of dol. Compensation of employees, total do...

Wages and salaries, total do... Pr i vate do... M i I i tary do... Government civil ian do...

Supplements to wages and salaries do. Proprietors1 income, total do.

Business and professional do. Farm ' do.

Rental income of persons do.

Corp. profits and inventory valuation adj.,total.do. Corporate profits before tax, total. do.

Corporate profits tax liability do. Corporate profits after tax do.

Inventory valuation adjustment do. Net i nterest. do.

Gross national product, total do. Personal consumption expenditures, total do.

Durab le goods • do. Nondurab le goods • do. Ser vi ces do.

Gross private domestic investment, total do. New. construct ion do. Producers• durable equipment...................do. Change in business inventories do.

Net exports of goods and services do. Exports do. I mports •••••• .do.

Gov't purchases of goods and services, -total do. Federa I (less Government sa les) do.

Nat I ona I defense. • .do. State and local. • .do.

r355.8 r252.5 r235.2 r193.4

r9.5 r32.3

rl7.3 r46.l r3l.6 rl4.6 rl 1.7

r3l.5 r32.0 rl5.7 rl6.3 r-*4

rl3.9.

r43I.O r287.3 r36.9

r139.5 r 111.0 r52.4 r35.5 r23.8 r-6.9

r2.0 r22.2 r20.2 r89.3 r50.l r44.0 r39#2

r*380.4 r*262.9 r*245.I r*200.8 r*9.9 r*34.4

r*l7.8 r*47.4 r*33.2 r*l4.l r*ll.9

r*43.5 r*44.6 r*2l.9 r*22.7 r*-I.I r»|4.7

r*457.I r*299.I r*39.8 r* 143.6 r* 115.7 r*6l.3 r*37.3 r*23,2 r*.8

r*.2 r*22.7 r*22.5 r*96.5 r*54.2 r»45.3 r*42.2

389.4 r269.9 r250.9 r206.2 r9.8 r34.8

rl9.0 r46.9 r33.7 rl3.2 rl2.0 45.5 46.5 22.6 23.8 -.9

r 15.1

r470.2 r303.9 r4l.3

r145.3 rll7.4 r69.8 r39.7 r23.9 r6.l

r-.9 r2l.5 r22.4 r97.4 r53.8 r45.8 r43.6

jr/Revised. *Data are for the 4th quarter 1958.. 9028

jVRevised beginning 1956; data for periods not shown will appear in the July 1959 SURVEY. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS—Continued 3

ITEM

GENERAL BUSINESS INDICATORS - Continued

National Income and product 1/ - Continued Seasonally adjusted Quarterly totals at annual rate - Con.

Less: Personal tax and nontax payments**•••••••••.do....

Personal Income, by source: ±f Seasonally adjusted, at annual rates:

Proprietors' Income:

Less personal contributions for social insurance.do....

Industrial production (FRB):

Metal fabricating (including ordnance) do....

Metal fabricating (including ordnance) do...*

Consumer durables output (FRB):

COMMODITY PRICES

Commodities other than farm products and foods do....

1958

March

r352.2 r4l.9

r3l0.3 r22.9

May

r354.6 r234.9 r95.5 r74.7 r63.2 r34.3 r4l.9 r9.3

r32.0 rl3.8 r 11.8 rl2.6 r20.3 r26.8 r6.8

r337.1

127 129 133 93 146 119 135 181 157 108 110 141 125

124 139 127 109 61 130

128 130 134 91 148 120 137 182 158

113 109 139 129 126 137 129 108 62 130

105 104 96 113 105

M9.5 98.5 112.9 125.3 110.8 110.3 123.2 99.9

1 115.9

Apri 1

June

r357.l r237.9 r96.7 r75.7 r63.5 • r34.6 r43.l r9.3

r32.3 rl3.4 rl 1.8 rl2.6 r20.4 r26.4 r7.0

r339.9

131 133 138 106 149 125 138 183 159 113 120 148 130

128 137 131 115 72 133

132 134 139 103 151 125 141 185 160

116 113 145 132 129 138 131 112 66 134

III III 99 123 III

119.2 95.6 113.5 125.3 M0.7 110.7 123.0 100.3

1 116.4

1959

January

r*366.3 r*43.4 r*322.9 r*23.7

March

r375.4 r254.0 r106.3 r83.8 r66.6 r36.4 r44.8 r9.8

r34.0 H2.9 M2.0 rl2.8 r2l.6 r26.6 r8.2

r358.5

149 152 163 154 174 138 164 215 183 135 125 156 139 141 148 148 122 69 149

147 150 160 146 170 138 159 207 181

135 129 158 141 140 145 149 123 72 144

135 141 142 142 121

119.6 90.8 107.2 128.1 109.8 M5.0 123.5 108.5

1 124.2

February

April

r379.0 r257.3 r108.6 r85.4 r66.9 r36.8 r45.0 r9.9

r34.3 rl2.2 rl2.0 rl2.9 r2l.8 r26.9 r8.3

r362.7

rl52 rl55 166 155 176 142 165 217 rl85

135 133 166 142 143

rl50 rl38 rl24 68

rl49

150 153 164 149 173 142 163 211 rl83

138 133 166

rl47

142 147

rl43 rl24 71

rl47

rl37 rl46 147

rl47

115

120.0 92.4 107.2

1 128.3 110.0 114.0 123.4 117.8

| 126.3

March

r37l.8 r44.4 r327.4 r23.5

May

r38l.3 r259.8 r109.8 r86.7 r67.5 r37.l r45.4 r9.9

r34.5 rl2.0 rl2.0 M3.0 r22.0 r26.4 r8.3

r365.3

rl53 rl56 rl69 rl57 178 145

rl69 r2l5 rl88

rl37 140

rl7l rl45

rl42 rl50 rpl38 127 72

pl48

rl53 rl56 rl69 rl54 178

rl47 r|69 r2l4 r 190

rl42

139 170

rl50

rl44

149 pr 141 126 73

pl48

rl4l rl5l 153 152

rl 17

r119.9 90.8 107.7

r128.4 110.0 113.4 123.5

r118.5 J r128.2

April

June

382.9 261.1 110.4 87.2 67.8 37.2 45.7 10.0

34.6 12.1 12.0 13.1 22.2 26.2 8.4

366.9

pl55 pi 58 pi 72 pl56 pl8l pl50 pl73 p2l4 p 191

pl40

pi 76 pl49

pl45 pl48 pl43 pl28 P73

pl46

pl55 pl59 pl72 pl52 pl83 pl50 pl76 p2l6 pl93

pl45

pl72 pl52

pl46 pl49 pl43 pl26 p74

pl47

pl45 pl55 pl56

p 121

1 119.6 89.9 108.1 128.1 109.9 111.2 123.6 118.9 128.7

r/ Revised. j>/ Preliminary. 9028

* Data are for 4th quarter 1958. \J See si mi Jar note for p. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS— Continued

ITEM

COMMODITY PRICES - Continued

Wholesale price index - Continued Commodities other than farm products and foods - Coi

Tobacco manufactures and bottled beverages.......

CONSTRUCTION AND REAL ESTATE

Construction contracts in 48 States (F.W.Dodge Corp.)

New permanent nonfarm dwelling units started: Unadjusted: Total, privately and publicly owned...

Seasonally adjusted at annual rate:

FINANCE

Stocks, cash dividend payments publicly reported:

Public utilities:

itinued •49=100..

...do....

...do....

...do....

...do.....

of dot.. ...do....

...do....

...do....

of dol..

...do....

...do....

METALS AND MANUFACTURES

Iron ore (incl. foreign ore), operations in all U.S.districts: Receipts at iron and steel plants thous. of long tons..

.-.do

Foundry equipment (new), new orders, net mo. avg. shipments, 1947-49=100..

PAPER AND PRINTING

Newsprint, Canada (including Newfoundland):

Newsprint, United States:

Stocks at and in transit to publishers, end of month..do..••

1958

May

149.4 148.6 135.4 130.5 143.8 93.5 128.0

3,403 2,470

108.5 101.3 69.5 7.2

1,039.0

311.2 68.9 124.6 2.8

1.3 88.8 2.7 15.0

6,161 6,217 43,381 4,455

136.1

548.0 561.4 221.8

149.0 146.7 18.3

438.0 683.2

June

149.5 148.8 135.2 130.5 144.2 93.3 128.0

3,820 2,340

113.0 101.3 70.6 11.7

1,057.0

1,742.5 118.8

1,154.7 118.0

69.2 150.2 61.8 41.4

10,959 6,674

47,667 4,593

87.7

482.5 480.6 223.6

141.8 138.6 21.5 409.2 667.8

1959

March

152.2 153.6 137.7 132.0 146.7 93.9 132.1

3,340 2,454

rl2I.O r118.1 r80.2 r2.9

r1,403.0

1,798.6 123.7

1,184.6 105.4

72.1 156.6 81.2 45.0

3,543 11,512 38,602 4,569

166.6

511.9 453.2 318.3

161.8 159.2 24.3 457.7 578.5

April

152.1 152.8 138.3 132.2 147.5 94.1 132.2

3,778 3,018

137.0 133.2 93.1 3.8

1,390.0

810.7 156.2 275.8 8.5

175.8 105.7 21.0 60.2

5,852 11,540 32,914 3,549

154.2

534.6 577.5 275.4

161.3 168.6 16.9

466.5 567.9

May

r152.5 r153.0 138.4 132.0

r148.8 r94.5 132.2

3,542 2,749

134.0 130.6 90.6 3.4

1,340.0

317.9 71.4 124.5 3.2

1.6 94.8 2.5 13.3

16,049 11,848 37,115 4,005

157.0

551.3 589.1 237.5

172.4 166.8 22.5 484.2 562.4

June

152.8 153.4 137.6 132.3 147.3 94.9 132.2

136.0 131.2 89.3 4.8

1,370.0

1,821.1 130.4

1,210.0 108.3

73.2 160.3 62.1 48.0

534.2 535.6 236.1

167.9 161.4 29.0 428.9 579.8

r / Revised. USCOMM-DC-9028

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