scb_weekly_19650618

BUSINESS STATISTICS

June 18, 1965

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS*

U. S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS

;TED BUSINESS INDICATORS

Index, 1941-43=10

100

90

80

70

60

- PRICES OF 425 INDUSTRIAL STOCKS

^

~ \ ,-V^

\y^\f * i i i » i, > > i i ' - ^ J 1 H >„!•!•> I, !.„ 1 t^L^JL-nd

r0""^

-

-

Monthly

(avg. of daily close) ~

— i — I — i — a — i — 1 — I — i — l — i 1 _

1965

Index, 1941-43=10

100

r>V^ 90

80

70

Weekly

' (Wednesday close)' I & 0

1962 1963 1964 1965 J F M A M J J A S O N D

Billion Dollars 550

500

450

400

350

300

250

PERSONAL INCOME (seas. adj.# at annual rates) ^

T o t a / ^ ^ t * ^ ^

-

• j - i . i i i 1 i • i t i

Wage and Salt iry

Disbursements

\

-J-J..J..^.JLi-L-1-L.i..i-

*****

j j - i . u i i , i i , i , i

, « * -

-i-t i i i 1 i

-

H

-

_

M i l

1962 1963 1964 1965

Billion Dollars 30

25

15

10

SALES OF RETAIL STORES (seasonally adjusted)

,iii*n»«n»»*-«» lH,uY l

i i • i i I i • i

Nondurable Goods

IV.. Durable Goods

H a n »n»8*"<«»»*'*»»*'

i i i i I i i i i

f *»» IH I

I I M U I I I I

1962 1963 1964 1965 * Data for January 1963, 1964, and 1965 include special Government Life Insurance dividends.

Index, 1957-59 = 100 110

105

100

90

WHOLESALE PRICES

Commodities other than

Farm Products and Foods

Farm Products

i l i i n

Dollars 2.80

2.60

2.40

2.20

2.00

1.80

MANUFACTURING HOURS & EARNINGS

/ Average Hourly Gross Earnings

(left scale)

Average Hours Per Week

(right scale)

+&^m++/

^Seasonally adjusted i i i I i i i • i l,i i i i i ) i i

Hours 48

46

44

42

H40

38 1962 1963 1964 1965 1962 1963 1964 1965

* Ava i lab le only wi th subscription to the SURVEY OF CURRENT BUSINESS, at $6.00 annual ly, this Supplement

provides selected weekly and monthly da ta subsequent to those published in the latest monthly SURVEY

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

2 WEEKLY BUSINESS STATISTICS1

ITEM

COMMODITY PRICES, WHOLESALE: Ai 1 commodities 1957-59=100..

State programs (50 States, D.C., and Puerto Rico)....do.... FAILURES, 1NDUST. AND COMMERCIAL (Dun & Bradstreet)..number.. FINANCE:

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

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

Savings deposits 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:

Petroleum (crude) and condensate 3/ ..thous. bbl..

1964

June 6

*I00.I *93.7 *99.4

*IOI.O 95.2

5,153 3,472

213 1,494 1,339 293

37,257 36,222 20,196

297

61,472 38,726 139,791 26,567 38,243 18,706

4.59 79.49 84.33

1,625 17,834

209,606 7,624

2,445 131.2 574 304

June 13

95. 1 5,056 3,340

216 1,460 1,309 252

37,487 36,597 20,185

329

63,140 38,774 140,053 26,391 38,234 18,764

4.59 79.44 84.24

1,650 18,938

217,314 7,702

2,417 129.7 611 317

1965

May 22

102.2 100. 1 103.5 102.2 105.4 5,391 3,486

179 1,293 1,157 266

39,095 40,333 21,443 .

329

60,570 42,387 153,109 24,239 45,458 20 734

4.57 89.67 95.15

1,753 19,343

248,355 7,730

2,701 145.0 606 333

May 29

102.3 100. 1 104.1 102.2 105.1 5,655 3,595

176 1,227 1,095 215

39,047 40,146 21,364

310

62,276 42,448 153,117 24,034 45,223 20,804

4.58 88.30 93.66

1,769 19,759

234,237

7,709

2,727 146.4 609 334

June 5

102.4 100.4 104.5 102.2 104.7 5,201 3,527

168

280

39,237 40,772 21,419

331

62,611 42,538 154,161 24,026 45,265 20 848

4.59 87.09 92.37

1,795 18,893

200,544 7,745

2,747

147.5 537 289

June 12

102.5 100.4 105.1 102.3 104.8

232

39,472 41,006 21,387

339

4.60 85.04 90.20

244,273

2,692 144.5

_]_/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data. * Monthly index for May 1964.

MONTHLY BUSINESS STATISTICS

ITEM

1964

Apr. May

1965

Feb. Mar. Apr May

GENERAL BUSINESS INDICATORS

NATIONAL INCOME: SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:

NATIONAL INCOME, TOTAL bil. $..

Compensation of employees, total do. Proprietors' income, total 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 interest .do.

PERSONAL INCOME, BY SOURCE: SEASONALLY ADJUSTED, AT ANNUAL RATES: Total personal income .....do.

Wage and salary disbursements, total do. Commodity-producing industries ..do.

Manuf actur i ng on I y do. D i str ibut i ve i ndustr ies do. Service industries „.. .do. Government do.

Other labor income..„ do. Proprietors' income:

Business and professional do. Farm. ...*..... do.

Rental income of persons do.

Dividends. . ..do. Personal interest income „ do. Transfer payments do. Less personal contributions for soc. insurance...do.

Total nonagri cultural income ..do.

*498.4

*352. *5I. *I2.

*56. *56. *25. *3I. *-.

*25.

486.6 327.7 128.8 102 83 52 63 13

39, 12,

12.4 19.8 35.5 38.2 12.5

469.7

**520.6

**370.6 **52.8 **I2.5

**57.0 **57.7 **25.9 **3I.9 *-*-.7

**27.6

487.8 328.7 128.7 102.3 84.2 52.3 63.4 14.0

39.1 12.6

12.4 19.8 35.7 38.0 12.5

470.7

511.0 347.3 136.7 108.8 89.0 54.8 66.8 14.7

40.4 12.2

12.5 20.6 37.6 38.9 13.2

494.5

r534.5

378, 52. 12,

r62.9 r64.3 r27.7 r36.6 -1.4 28.2

513.8 349.6. 138.0 109.9 89.6 55.0 67.1 14.7

40.5 11.9

12.5 20.7 37.8 39.2 13.2

497.6

P5I5.0 r349.9 r137.4 N09.6 r89.9 r55.2 67.4 14.8

40.6 12.1

12.5 r20.8 38.0

r39.5 r l 3 . 3

r498.6

517. 351. 138. 110. 90. 55. 67. 14.8

40.7 12.3

12.5 20.8 38.2 39.3 13.3

500.4

r/ Revised. 16503

* Data are for 1st qtr. 1964. ** Data are for 4th qtr. 1964.

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

MONTHLY BUSINESS STATISTICS—Continued 3

ITEM

COMMODITY PRICES

WHOLESALE PRICE INDEX: ALL COMMODITIES , 1957-59= 100.

By stage of processing: Crude materials for further processing v...do... Intermediate materials, supplies, and components...do... Finished goods do...

By durability of product: Durab le goods do... Nondurab le goods do...

Farm products • ..do... Foods, processed do... Commodities other than farm prod, and foods .do...

Chemicals and allied products do... Fuel and related products, and power. do... Furniture, other household durables.... do... Hides, skins, and leather products do... Lumber and wood products do...

Machinery and motive products........ do. Metals and metal products do. Nonmeta 11 i c mi ner a I products .....do. Puip, paper, anu aiiie<j products.a.................do. Rubber and products do... Textile products and apparel do... Tobacco products and bottled beverages do...

PURCHASING POWER OF THE DOLLAR AS MEASURED BY--Who Iesa Ie pr i ces do...

DOMESTIC TRADE

RETAIL TRADE, ALL RETAIL STORES:

ESTIMATED SALES (UNADJUSTED), TOTAL 1/ mil. $. Durab I e goods stores do...

Automot i ve group do... Furniture and appliance group do... Lumber, building, hardware group do...

Nondurable goods stores do... Apparel group.. do... Drug and proprietary stores do... Eating and drinking places ..do... Food group .do... Gasoline service stations.... do... General merchandise group do...

ESTIMATED SALES (SEAS. ADJ.), TOTAL 1/ do. Durable goods stores.. do.

Automot i ve group do. Furniture and appliance group... ....do. Lumber, building, hardware group ...do.

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

ESTIMATED INVENTORIES: Unadjusted, tota I . do. Adjusted, total do.

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

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

Appare I group do. Eating and drinking places do. Genera I merchand i se 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.

EMPLOYMENT AND POPULATION

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

Manuf actur i ng do.... Mining..... do.... Contract construct ion do.... Transportation and public utilities do.... Wholesale and retail trade do.... Finance, insurance, and real estate do.... Services and miscellaneous do.... Government. do....

rj Revised. £,/ Preliminary, 16503

1964

Apr.

100.3

94.2 100.9 101.3

102.2 98.9 94.4 100.4 101.I 96.6 96.1 98.6 104.5 101.8

102, 102, 101. 99, 93.1 101.1 107.1

99.7

21,186 7,360 4,453 1,004 938

13,826 1,140 665

1,547 4,898 1,617 2,310

21,392 7,010 4,026 1,095 912

14,382 1,272 689

1,599 5,064 1,674 2,514

30,566 29,961

5,819

4,858 304 III

1,592 1,975

61 96

5,105 343 112

1,718 2,030

61 96

57,827 17,224

633 3,081 3,964 12,096 2,931 8,461 9,437

May

100.1

93.5 100.6 101.3

102, 98, 93, 99, 101, 96, 96 98.6 104.7 101.8

103.3 102.1 101.3 98.7 92.6

101.2 107.3

99.9

22,508 7,693 4,551 1,043 1,047

14,815 1,282 713

1,650 5,248 1,708 2,479

21,777 7,218 4,126 1,080 974

14,559 1,295 713

1,589 5,034 1,670 2,589

30,352 29,926

6,253

5,233 350 120

1,696 2,125

69 106

5,165 348 115

1,768 1,999

64 99

57,931 17,225

631 3,093 3,968 12,135 2,934 8,489 9,456

1965

101.2

95.5 101.6 102.3

103.2 99.6 94.5 102.1 101.9 97.5 97.9 98.2 105.1 100.8

103. 104. 101. 99. 92. 101. 107.

98.8

19,608 6,664 4,247

903 697

12,944 917 692

1,453 4,854 1,561 1,998

23,317 7,966 4,855 1,081 991

15,351 1,335 745

1,720 5,338 1,798 2,848

29,778 30,080

5,391

4,368 225 III

1,286 1,952

46 74

5,439 347 127

1,870 2,133

65 106

59,676 17,772

635 3,281 3,997 12,532 2,987 8,730 9,742

Mar.

.101.3

95.8 101.6 102.4

103.3 99.8 95.4

101.8 102.0 97.5 97.9 98 .3

105.7 100.7

103.5 104.8 101.9 99.5 92.2

101.5 107.5

98.7

r2l,9l5 r7,709 r4,958 rl,000

r829 r14,206 r1,072

r73l rl,595 r5,l58 rI,698 r2,39l

r22,805 r7,669 r4,592 r1,094

r970 rl5,!36

1,261 r748

rl,699 r5,30l rl,774 r2,80l

r3l,!39 r30,544

r6,099

,972 290 126 ,580 ,081 56 89

5,397 333 128

1,867 2,117

65 102

r59,992 r17,849

633 r3,304 4,042

r12,622 r2,997 r8,754 r9,79l

Apr.

101.7

r96 .9 101.8 102.8

103.4 103.7 97.6

102, 102, 97,

r97, r98, 106, 100,

r103.7 rl05.2 101.9 99.8 92.3 101.5

r!07.8

r23,558 r8,076 r5,053 rl,009

997 r15,482 rl,4l3

r730 rI,696 r5,403 rl,783 r2,820

r22,90l r7,564 4,470 1,096 966

r15,337

1,255 754

1,738 5,423 1,812 2,822

31,557 30,925

6,825

5,611 406 132

1,885 2,222

67 108

5,487 346 134

1,859 2,164

66 107

r59,9!6 r 17,894

r629 r3,188 r4,045

r12,568 r2,998 r8,764 r9,830

Index based on 1947-49=100 is 82.4. \J Data for May 1965 are advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

ITEM

EMPLOYMENT AND POPULATION—Continued

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED

SEASONALLY ADJUSTED.. Durab!e goods industries, unadjusted^oe.OD„.. •

Seasona S 1 y ad justed* B S e a B B B. B So B So Bo B. 0<.® s

Lumber and wood 'products.............. Furniture and f Sxturessa ....... oaoo... Stone, clay, and glass products*eoeoo. Primary metal Industr iesBB.... .. 0® „ 0.0 Fabricated metal productss.....BOeo.so

MachInery............:................. Electrical equipment and supp!ies o o e e e

Transportation equ ipment. ...B.ooooB».B

0thous0

00do.„s

O 9do. a. B.do. o e

..do... ;6doBt>0

..do... „do,. c

B O d o B 8 8

..do e o o

s.do 8 o a

s<,doOBO

Nondurable goods industries, unadjusted^..OB„aa....do.„ Seasonal ly adjusted., osooffls«>oease9ffloso<SOo(9ao«>0«, «do<,.

Food and kindred products.«, eo oe«,.... .•••••••.., Text I ! e mil! products ..„„«,„.<,*„<,..«,......„«,.,,., Apparel and related products..... s o O B e e. e a o. B O, Paper and allied products,,. .„... ..... B .. .. ...., Printing, publishing, and allied Industries^.„, Chemicals and allied products.B8. B9BB.........,

HOURS AND EARNINGS PER PRODUCTION WORKER ON PAYROLLS MANUFACTURING ESTABLISHMENTS:

Average weekly gross hours, mfg. indus8, unadj...., Seasona I ly ad justed,, „

Durable goods Industries, unadjusted.e808..eOBOB, SeasonaI Iy adjusted

Nondurable goods industries, unadjusted.......... Seasona I I y adjusted ......•..•.......„...._....,,

..do.

..do.

..do.

..do.

..do.

..do. OF

.hours*

..do... B.do B B 6

..do...

..do... s sdo s e e

Avgs hourly gross earnings, mfgs IndustrIesso.seoedollars. Durable goods industr sese .... * 0. „ 8„»,„. 8„, do... Nondurable goods industries...**.....86B08.<,B....8.do.* *

FINANCE

GOLD, MONETARY STOCK, U.S.. end of month.............mi I. $. SILVER, PRICE AT NEW YORK. dol. per fine oz. SECURITY MARKETS:

STOCKS, CASH DIVIDEND PAYMENTS PUBLICLY REPORTED: TOTAL DIVIDEND PAYMENTS... ............ ..mil. $.

Finance. ...... ......... ......,,. .......••.......•• „do.B8

Manuf actur i ng . do... Mining „ do... Pub!Ic utiIities:

CommunIcat i ons * ..........B „.*... do... Electric and gasOB8B8BB......,,................eedo89.

Ra 11 roads •••..•••••••••... do... Trade. «,.„. .do... Mi see I laneous. .„.„.....«,.»...................a... do...

1964

Apr.

12,592 12,732 7,160 7, 188

519 328 487 984 907

1,118 1,012 1,157

5,432 5,544

1,070 798

1,137 488 599 533

40.5 40.7 41.3 41.4 39.4 39.8

2.53 2.70 2.28

15,462 1.293

May

1,131, 221. 353, 18,

289.4 140.1 23.8 66.7 18.4

!2,666 12,736 7,201 7, 174

534 325

x499 994 911

1,121 1,010 1,155

5,465 5,562

1,085 800

1,141 490 601 534

40.7 40.6 41.5 41.3 39.7 39.7

2.53 2.71 2.29

15,463 1.293

454.2 104.0 164.5 3.9

3.5 137.5 5.7

23.7 11.4

1965

13,01 I 13,227 7,467 7,570

507 342 474

1,045 958

1,173 1,092 !,222

5,544 5,657

1,057 811

1,200 490 611 532

40.9 41.3 41.7 42.0 39.8 40.2

2.59 2.77 2.33

14,937 1.293

613.3 214.1 175.5 3.6

2.0 151.4 9.1

45.5 12.1

Mar.

rl3,108 r13,298 r7,523 r7,6l5

r5l I, 346 484

rl,053 r94I 1,191

rS,100 1,237

r5,585 r5,683

r1,059 8i8

1,215 r494 r614 r540

41.2 41.4 42.1 42.3 40.0 40.2

2.60 2.78 2.34

14,563 1.293

2,622.9 259.6

1,725.4 117.5

III.8 233.9 69.8 67.3 37.6

Apr

rl3,175 r!3,3!4 r7,6!6 r7,645

r5!9 r349 r498 1,060 r972

r1,196 rl,109 rl,246

r5,559 r5,669

r1,052 r822

rl,!9l r497 r6S6 r547

r40.7 r40.9 r4l.7 r4l,8 39.4 39.8

2.60 2.78 2.34

rl4,4IO 1.293

,243.8 267.5 391.2 18.4

292.4 152.2 25.7 74.2 22.2

May

pl3,24! pS3,306 p7,665 p7,635

p535 p348 p509

pi,054 p978

pi,196 pi,118 pi,259

p5,576 p5,67i

pi,064 p823

pi,191 p497 p6I6 p546

p 4 l . 2 p 4 l . l p42.0 p 4 l . 8 p40.0 p40.0

p2.6S p2.79 p2.35

14,291 1.293

487.4 106.5 179.8

3.2

2 150

5 27 12

rj R e v i s e d . JD/ P r e l i m i n a r y . USCOMM-DC—16503

UNITED STATES GOVERNMENT PRINTING OFFICE

DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C. 20402

POSTAGE AND FEES PAID

U.S. GOVERNMENT PRINTING OFFICE

OFFICIAL BUSINESS

First Class Mail

WEEKLY SUPPLEMENT

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