BUSINESS STATISTICS

October 15, 1965

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS'

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

; :Bi^i^;£r^:^ipi^

Index, 1941-43=10 index, 1941-43 =

100

90

80

70

60

- PRICES OF 425 INDUSTRIAL STOCKS

>

r*~^ X X

-

-

Monthly

(avg. of daily close)

™n4™™! A 4 i,„ i, J... ,', 1 ...» 1.

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

Index, 1957-59 = 100 200'

150

100"

50

0

STEEL PRODUCTION (Ingots and steel for costings)

1 • > 4 ^ - U - ^ ! • ~ ^ ~ ^ • • I 1 . 1 ... .

^^^^^^^

~

~

Monthly

- I n 1 ' ' ' 1 > 1 h 1 1

Index, 1957-59 = 100 200

150 1965

s* •"v«\.

1964

. , , l

»x y ^ X

Weekly

100

50

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

Billion Dollars 30

25

15

10

SALES OF RETAIL STORES (seasonally adjusted)

1962

Nondurable Goods

(asJKSj sss «® ""S'^ T B B « » # ' # s , a B f c n

\

Durable Goods

\ .ffl„.u«.»««lK'-»',"w,,'%** ^ , M ' » l l | U » ' , H " » l

1963 1964 1965

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*

(r ight scale)

\j^> <% W&^%^ J ^ ^

i. I I I I I I I I

1962

^«-4/^--^ v*-. *Seasonal ly adjusted

i i i I i i i i i I i i i i • I i i i i i

48

46

44

42

40

38 1963 1964 1965

* Ava i l ab 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

COMMODITY PRICES, WHOLESALE: Ai i commodities . i 957-59= 100. .

Farm products . .. -. .do. . „ . Foods, processed . do.... A I I other do

22 commod i t ies 2/ .do.. . . ALL RETAIL STORES, SALES.. . mil. $..

Nondurable goods stores ........do....

INITIAL UNEMPLOYMENT CLAIMS, State programs..........thous.. INSURED UNEMPLOYMENT, all programs do.... State programs (50 States, D.C., and Puerto Rico)...do....

FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet).number.. FINANCE:

Currency in circulation^/ ....mil. $.. Federal Reserve bank credit outstanding, total 3_/...do. Member bank reserve ba lances _3/ do....

Excess reserves, estimated 3_/ do.... Reporting member banks (of F.R.System) in leading cities:4,/

Demand deposits, adjusted , ..mil. $.. Savi ngs depos its do.... Loans and investments (adjusted), total do....

U.S. Government obligations.. do.... Commercial and industrial loans (gross) do.... Real estate loans (gross) ......do....

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

Industrials, 425 stocks do.... PRODUCTION:

Bituminous coal _3/ thous. sh. tons.. Electric power, by utilities mil. kw-hr.. Motor vehicles (cars, trucks, buses) number.. Petroleum (crude) and condensate 3/ thous. bb I..

Steel thous. sh. tons.. Index of production 1957-59=100..

FREIGHT CARLOAD I NGS, TOTAL thous. cars.. Mi see I laneous do....

1964

Oct. 3

*I00.8 *93.8

*I0I.7 *ICH,5 10 I. I 5,362 3,457

212 1,235 I, 106

268

38,074 37,487 21,141

386

63,722 39,873 145,878 27,207 38,153 19,533.

4.56 84. 18 89. 12

1,669 18,331

101,21 I 7,621

2,563 137.6 611 325

Oct. 10

101.6

5,001

3,423,

237 1,241 1, 1 12 246

38,209

38,051 2 1,264

439

63,522 39,933 143,951 26,422 39,743 19,560

4.57 84.80 89.77

1,697

18,245 96,682 7,638

2,571 138.0 633 334

1965

Sept. IE

105.4 5, 145 3,525

177 1,049 940 243

40,488 4 1,508 21,583

464

66,203 43,967 159,423 22,987 47,697 21,869

4.69 89.52 95.09

1,657 21,025 155,098 7, 164

2,343

125.8 590 316

Sept. 25

105.7 5, 145 3,497

171 1,014

908 246

40,319

41,918 22, I 14

436

63,618 44,i 00 159,199 23,060 47,955 2 1,930

4.69 90.22 95.86

1,570

2 1,065 i86,894 7,515

2,259 121.3 '585 317

Oct. 2

102 98 105 102 105 5,427 3,568

177

230

40,286 41,578 21 .,890

33?

64,133 44,319 158,776 22,830 48,086 22,012

4.70 90.02 95.69

1,707 19,631

206,230 7,705

2,229 I 19.7 603 326

Oct. 9

102.8 7

06 02 05

242

40,448 42,196 22,084

496

4.71

90.54

96.25

225,634

2, 173

I 16.5

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

MONTHLY BUSINESS STATISTICS

ITEM

1964

Aug. Sept.

1965

July Aug. Sept.

GENERAL BUSINESS INDICATORS

INDUSTRIAL AND COMMERCIAL FAILURES (Dun & Bradstreet, Inc.): Fa i lures, tota I number..

Commerc i a I servi ce do.... Construction .do.... Manufacturing and mining do.... Reta i I trade do . Whoiesa ie trade do....

Liabilities (current), total thous. $.. Commercia I service .do.... Construction do.... Manufacturing and mining do.... Retai I trade do.... Whoiesa Ie trade do....

Failure annual rate (seas. adj.)..No. per 10,000 concerns.

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION COST INDEXES:

Associated General Contractors (bldg. only)..I 957-59=100..

DOMESTIC TRADE

RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL 1/ mi

DurabIe goods stores Automotive group Furniture and appliance group Lumber, building, hardware group

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

I . $ . d o . . .

. d o . . .

. d o . . .

. d o . . .

, d o . . . . d o . . . . d o . . . . d o . . . . d o . . . . d o . . . . d o . . .

1

95 22 17 16 25 12

169 1 13 203 185 550 1 18

, 180

,555 ,897

,079 ,715 ,934

59. I

120

21 ,778 7,01 I 3 ,853 1,111 1,052

14,767 1,209

708 1,805 5 ,283 1,801

2 ,591

1,034

1 14 6 32 31 24 19

208 163 484 98

565 074 185 396 958 952

56.3

120

21,313 6,893 3,728 1,088 1,045

,420 ,289 701 ,67 1. ,099 ,701 ,550

1

44 54 35 22 22 10

094 90

205 172 510 i 17

607 207 601 435 353 01 1

50. I

23", 825 8,451 5,071 I, I 10 I, 175

15,374 1,229

744 1,852 5,422 1,899

2,682

1

121 4 53 31 21 10

074 82 205 157 514 1 ID

485 ,891 ,372

, 145 ,352 ,725

52.8

124

r24,129 r8,154 r4,800 rl,136 rI,193

rl5,975 r1,166

r764 r2,00l r5,983 rI,967 r2,608

I, 131 I 14

208 176 533 100

135,039 47, 127 24,080 30,097 19,704 14,031

56.9

124

r23,098 r7,590 r4,267 rI,142 I, 147

rl5,508 rl,193-

r750 rI,997 r5,427 rI,944 r2,789

124

22,388 7,028 3,661 I, 151

15,360 1,333 752

1,777 5,442 1,790 2,792

£_/ Revised, nonres ident i a

±/ Data for Sept. 1965 are advance estimates. CORRECTION for construction activity for Sept. 1965 should read $15,019 mil.

p. 4 of the Oct. 8, 1965 Weekly Supplement: Total private Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued 3

ITEM

DOMESTIC. TRADE—Continued

RETAIL TRADE, ALL RETAIL STORES—Cont i nued ESTIMATED SALES (SEAS. ADJ.), TOTAL!/ mil.

Durable goods stores ..do.

Automotive group. „. .do. Furniture and appliance group ........do. Lumber, building, hardware group..... do.

Nondurab le 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, tota I 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 ise group do,... Grocery stores do.... Lumber yards, building materiaIs dealers do.... Tire, battery, accessory dealers do....

Estimated sales (seasonally adjusted), total .do.... Appare 1 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

CIVILIAN LABOR FORCE, TOTAL, UNADJUSTED thous.. EMPLOYED ,. .. do

Agr icu Itura I emp loyment do.... Nonagr icu Itura I emp loyment do....

UNEMPLOYED (ALL CIVILIAN WORKERS) do.... Long-term (15 weeks and over) do....

Percent of civilian labor force CIVILIAN LABOR FORCE, TOTAL, SEAS. ADJUSTED thous..

EMPLOYED . do Agrlcu Itura I emp loyment do.... Nonagr icu Itura I emp loyment do....

UNEMPLOYED (ALL CIVILIAN WORKERS) do Long-term (15 weeks and over) do....

Percent of civilian labor force EMPLOYEES ON PAYROLLS (NONAGRI CULTURAL ESTABLISHMENTS):

TOTAL, SEASONALLY ADJUSTED thous.. Manufacturing do.... Min i ng 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.... Seasona I ly adjusted do....

Lumber and wood products do.... Furniture and fixtures do.... Stone, clay, and glass products do.... Primary metal industries do'.... Fabr icated meta I products. do.... Mach inery do.... Electrical equipment and supplies do.... Transportation equ ipment do....

Nondurable goods industries, unadjusted do.... Seasona I ly adjusted. do. .. .

Food and kindred products do.... Textile mill products do....

. Apparel and related products.. do.... Paper and allied products do.... Printing, publishing, and allied industries do.... Chemicals and allied products do....

Aggregate weekly payroll index: Manufacturing (production workers), unadj.... 1957-59=100..

Aug.

22 7 4 1

14 1

1 5 1 2

30 30

266 324 ,259

,094 938

942 363 722 633 234 690 734

158 864

6,230

,202 329 138 756 021 75 101

5,366 369 130

1,830 2,083

64 100

75,758 72,104 5,400

66,704 3,654

790

4.8 74,255. 70,458 4,817

65,64 I 3,797

910 5.1

58,301 17,339

634 3, 103 3,999 12,231 2,95 i 8,573 9,471

12,966 12,847 7,21 I 7,279

561 341 519

1,009 931

I, I 18 1,037 1,027

5,755 5,568 1,262 808

I, 194 499 602 532

126.4

Sept.

22,254 7,541 4,531 1,067 966

14,713 1,285 734

1,600 5,250 1,695 2,591

30,799 31,263

6, 186

5, 133 341 129

1,717 1,999

77 93

5,296 337

125 1,755 2, 105

68 97

74,122

70,805 5,230

65,575 3,317

764 4.5

74,280 70,465 4,815

65,650 3,815

924 5.1

58,458 17,449

634 3,080 4,005 12,229 2,960 8,592 9,509

13,280 12,956 7,490 7,377

555 344 519

1,027 961

I, 142 1,068 I, 186

5,790 5,579 1,272

81 I I, 196 501 610 532

130.9

1965

June

23,331 7,760 4,584 1, 107 1,042

15,571

1,305 758

1,749 5,489 1,829 2,795

33,087 33,014

6,614

5,446 338 144

1,833

90

5,563

351 138

1,833 2, 190

77 103

78,003 73,716 5,622 68,094 4,287 762 5.5

75,676 72, I 18 4,659

67,459 3,558

806 4.7

60,382 18,045

630 3,220 4,068 12,673 3,0i3 8,814 9,919

13,486 13,428 7,808 7,731

557 351 517

1,080 999

1,213 I, 137 1,268

5,678 5,697 I, I 13 831

1,217 506 618 544

137.7

July

r23,743 r7,922 r4,720 rl,135 rI,049

r15,82 I rI,347 r776

r1,814 r5,546 rl,835 r2,9l2

32,935 33,088

r6,843

,641 304 147 ,790 ,374 90 I 17

r5,654 358 137

rI,980 2, 180

77 104

78,457 74,854 5,626 69,228 3,602 587 4.6

76,181 72,766 4,674 68,092 3,415 659 4.5

r60,602 rl8,156

r638 r3,178 r4,074 r12,710 3,018 r8,886 r9,942

r13,440 r13,5 18 r7,763 r7,8l4

r559 349 523

1,074 r988

rI,212 r1, 134 1,241

r5,677 r5,704 rI,166

821 rI,174

505 r6l9 548

r136.0

Aug.

r23,653 >r7,89l 4,685 I, 131 1,020

r15,762 1,332 774

1,801 5,541 1,839 2,885

32,738 33,355

6,643

5,450 .328 148

1,930 2,036

92 I 10

5,694 . 362 139

194 78

I I I

77,470 74,212 5, 136

69,077 3,258

612 4.2

75,772 72,397 4,576

67,821 3,375

705 4.5

r60,680 rl8,159

r63l r3,2lI r4,092

r12,708 r3,024 r8,897 r9,958

r13,628 r13,524 r7,746 r7,828

r562 r358 r527

rI,070 r992

r1,206 rI,147 rI,171

r5,882 r5,696 r1,244

r835 r1,236

r5l I r624 552

rl37.2

r/ Revised. 29140

JD/ Preliminary. J_/ Data for Sept. 1965 are advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

EMPLOYMENT, AND POPULAT ION—Conti nued

HOURS AND EARNINGS PER PRODUCTION WORKERS ON PAYROLLS OF MANUFACTURIN6 ESTABLISHMENTS:

Average weekly gross hours, mfg. indus., unadj. .....hours. Seasona I ly adjusted. ............................. .do...

Durable goods industries, unadjusted0„8„,..8„0..„00do.0. SeasonaIly adjusted...............................do-..

Nondurable goods industries, unadjusted......„.....do... SeasonaIly adjusted..............................do...

..do!I Avg. hourly gross earnings, mfg. industries*,, Durable goods industries................... Nondurable goods industries................

LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS: Accession rate, totaI.....Dmonthly rate per 100 emp

Seasonally adjusted... New h ires...............

Separation rate, total.... Seasonally adjusted...

Quit.................. .. Layoff..................

SeasonaIly adjusted...

FINANCE

SECURITY MARKETS: Bonds (Standard & Poor's Corporation):

Prices: Industrial, utility, and railroad (AI+ issues) Composite (21 bonds).............dol. per $1

Domestic municipal (15 bonds).................

ars ..do.. ..do..

loyees ..do.. ..do.. ..do.. ..do.. ..do.. ..do.. ..do..

Yields: Domestic municiDa

Stock prices

00 bond. ....do...

.percent. (15 bonds)............. Dow-Jones averages (65 stocks).............

Industr i a I (30.stocks)................... Public utility (15 stocks)............... Railroad (20 stocks).....................

TRANSPORTATION AND COMMUNICATIONS

SCHEDULED AIRLINES (DOMESTIC TRUNK), OPERATING RESULTS: Miles flown (revenue)................................thous. Express and freight ton-miles f lown..................do... Mail ton-miles flown.................................do... Passengers or ig inated (revenue).......................do... Passenger-miles flown (revenue)..................mi I I ions.

METALS AND'MANUFACTURES

STEEL MILL PRODUCTS, INVENTORIES, END OF M0.: Consumers (manufacturers only) .mil. sh. tons.

Receipts during month..............................do... Consumpt i on during month.......................... .'do...

Warehouses (service centers).........................do... Producing mills:

In process (ingots, semifinished, etc.)............do... Finished (sheets, plates, bars, pipe, etc.)...-.... .do...

Aug.

40 40 41 41 40 39

9 8 ,5 5 1 7

2.52 2.71 2.29

5 4 3 4 3 2 1 1

. I

.0

.4

.3

.8

. 1

.4 A

95 .3

3.20 298.13 835.30 149.24 2 M . 2 5

9.5

4.8 3.8

*68 *58 *I4 *5 *3

852 87! 345 542 910

**7I

**60 **I4 *~*5 *"#3

235 39! 337 324 796

Sept.

1965

40 40 4! 41 39 39

2. 2. 2.

4 3 3 5 4 2 1 1

7 ,5 ,5 A .6 A

57 75 32

.8

.8

.5

. 1

. I J .5 .5

91 1 1

3. 305. 863.

151, 214

. I

.0

25 85 55 85 44

June

41 .3 41 .0 42.2 41 .9 40. I 39.8

2 .62 2 .80 2.35

5.6 4 .5 4 . 3 3.6 4 .0 1.7 I. I 1.4

94 .3 I 10.8

3.26 302.72 878.06 154.93 195.79

78,263 74,473 16,944 6,314 4,475

15.8 6.2 5.9 4 .2

8.2 7.3

Ju ly

41.0 40.9 41 .6 41.6 40. I 39.8

2.61 2 .79 2.36

r4.5 r4 . I 3. I

r4 .3 r4 . I

r 1.7

93.9 I 10.8

3.26 303.66 873.43 155.7! 199.51

82,126 73 ,0! I 16,478 6,293 4,595

16.3 5.5 5.0 4 .4

7.5

Aug.

41 40 4!

•'41 40 39

2.( r2." r2.

p5 p4 p3 p4 p4 p2 p! Pi

0 9 6 6 3 9

30 11 36

.1

.0

.8

.8 ,3 .5 .5 .5

93.5 I I 1.0

3.25 312.37 887.70 155.44

214.21

p 17. I p6.0 P 5 .2 p4.5

p8.2 p7.0

p2.8l p2.39

r/ Revised, JD/ Prel iminary. USC0MM-DC—29140

* Data for June 1964. * * Data for July

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