BUSINESS May 15, 1964

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 , M?n!h!* . , (avg. or daily dose)

-

^ u ^ o ^ i i 1. i L i i u L™JL™J 1 L..J—l„.„l L-JU™)

^

H

-

» « P i . I

Index, 1941-43 = 10

100

1961 1962 1963 1964 F m A m J J A S O

Billion Dollars

25

\5

SALES OF RETAIL STORES (seasonally adjusted)

Total

Nondurable Goods

IHMIIMMM11!11,'?'?11

Durable Goods

lL,w.„«»,.»ii.««»»«(u",,,«»«*,"'««*,""lf

1961 1962 1963 1964

Billion Dollars

80

70

60

50

40

CONSUMER CREDIT OUTSTANDING (short- and intermediate-term)

Total ^ ^ ^ (end of month) ^ ^ ^

\J

U-,1 1 J-1..LJLJUUL,

Installment Credit ^* (end of month) ^ ^ ^

->t" ) B ) I

^L^JULL

-

-

JULAJUL-

1961 1962 1963 1964

Index, 1957-59 = 100

110

100

90

80

FREIGHT CARLOADINGS (seasonally adjusted)

-yVTW^f 1 • » • ' I • ' •• ' • M M L t I ' ' JLJLXJ I I I I M I

1961 1962 1963 1,1,1 j , , , ! \„y III.I, i

1964

Dolla 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)

. . - » ' ,-l

1961 1962 1963

*Seasonally adjusted

.,.«,,,I I I„ JLLJ I,,l ,1, ,1.1. L

1964

48

46

44

42

40

38

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

WEEKLY BUSINESS STATISTICS1

ITEM

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

ALL RETAIL STORES, SALES mil. $..

INITIAL UNEMPLOYMENT CLAIMS, State programs ...thous..

State programs (50 States, D.C., and Puerto Rico)....do.... FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet)..number.. F1 NANCE:

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) 47..1941-43=10..

PRODUCTIONS

Motor vehicles (cars, trucks, buses)......,.. number..

Steel eaoe80,0 = = .thous. sh. tonseo Index of production 1957-59-iOO..

1963

May 4

*99.7 *95.4 *99.3 *I00.4 93.7 4,804 3,183

256 1,926 1,747 306

34,583 32,500 19,644

400

63,699 35,822 130,890 30,689 35,297 16,237

4.48 69.97 73.47

1,493 16,279 195,122 7,460

2,544 136.6 591 324

May II

94.7 4,833 3,23!

247 1,855 1,680 322

34,755 33,081 19,715

361

61,888 35,909 129,77: 30,277 35,232 16,310

4.48 70.01 73.55

1,528 16,529

200,735 7,485

2,548 136.8 599 322

Apr. 18

100.3 94.7 100.5 101.1 97.0 4,845 3, 197

232 1,947 1,761 289

36,998 35,891 20,367

298

65,987 38,483 139,288 27,261 38,252 18,461

4.59 80.09 85.10

1,586 17,590

218,358 7,622

2,457 131.9 581 328

1964

Apr. 25

100.4 94.6 100.5 101.1 96.4 4,858 3, 174

229 1,858 1,681 276

36,912 35,593 20,322

441

64,341 38,459 138,001 26,609 38,015 18,488

4.59 80.49 85.53

1,497 17,852

218,416 7,652

2,464 132.3 572 319

May 2

100.3 94.5 100.0 101.1 96.1 5,072 3,245

226

278

36,813 35,083 19,966

266

63,959 38,437 138,680 26,713 38,057 18,520

4.59 79.70 84.68

1,520 17,663

215,845 7,647

2,456 131.8 568 312

May 9

100.1 93.6 99.7 101.1 96.0

257

36,908 35,723 20,321

338

4.59 81.06 86.25

214,242

2,492 133.8

U Data do not always cover calendar weeks. 2/ Tuesday price.' 3/ Daily average. 4/ Wednesday data. * Monthly index for Apr. i963.

MONTHLY BUSINESS STATISTICS

ITEM 1963

Mar. Apr.

1964

Jan. Feb. Mar. Apr.

DOMESTIC TRADE

RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL J./. .... mil. $

Durab le goods stores. do.. Automotive group do.. Furniture and appliance group...«,.. do.. Lumber, building, hardware group'. do..

Nondurab le goods store do.. Apparel group do.. Drug and proprietary stores „.«,....... .do.. Eating and drinking places. do.. Food group ..do.. Gaso I i ne serv i ce stat i ons do.. Genera I merchand i se group do..

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

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

Nondurab Ie goods stores do.. Appare I group do.. Drug and proprietary stores...... do.. Eating and drinking places .....do.. Food group » do.. Gasoline service stations,.a..e, e e s „ . „ „ 0 „ e 0 „ 0 „ . . O d o s * General merchandise group do..

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

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

jr/ Revised. J/ Data for Apr. 1964 are advance estimates. 36430

19,653 6,383 3,926

838 795

13,270 1,081 667

1,421 4,976 1,543 2,075

20,350 6,576 3,764

940 942

13,774 1,207 678

1,507 4,853 1.618 2,409

28,573 28,066

5,469

20,518 6,982 4,262

854 977

13,536 1,268 652

1,463 4,677 1,574 2,299

20,276 6,646 3,824

945 957

13,630 I, 166 677

1,518 4,864 I ,594 2,301

28,637 28,061

5,574

19,154 6,031 3,677

905 712

13,123 1,026 671

1,436 5,018 1,566 1,872

21,000 6,855 3,951 1,019 949

14,145 1,250 694

1,580 5,031 1.638 2,481

r28,034 r29,047

5,328

r18,758 r6,122 r3,708

910 r709

r12,636 r939 r656

r1,347 r4,849 rl,495 rl,875

r2l,533 r7,262 r4,189 rl,062 rl,007

rl4,27l rI,308 r666

rl,548 r4,99l rl.658 r2,592

r28,709 r28,972

r5,143

r20,584 r6,779 r4,106 r955 792

'r13,805 r 1,284 r680

rl,435 r4,934 r1,608 r2,3l7

r2I,305 r6,973 3,939 1,068 929

r14,332 1,229 702

1,531 5,157 1.654 2,505

29,553 29,023

5,761

21,019 7,366 4,418 989

13,653 144 656 495 932 611 287

21,244 7,027

14,217

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

MONTHLY BUSINESS STATISTICS — Continued 3

ITEM

DOMESTIC TRADE—Continued

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

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.......e....... do... Genera I merchand«se group•s e. s.. e s e. * . . . . . « 0 . *. e * » e do... Grocery stores .do... Lumber yards, building materials deaIers...........do... Tire, battery, accessory dealers.. do...

EMPLOYMENT

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

Agricultural employment........... do... Nonagricu Itural employment ...««» • • e sdo.ea

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... Agricultural employment...... do... Nonagr i cu I tur a I emp I oyment do...

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

Percent of civilian labor force

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

Seasonally adjusted..............................do... New h i res do...

Separation rate, tota!. o o o s o o

Seasonally adjusted...... Quit

.do.

.do.

.do. Layoff do... Seasona11y adjusted.............................. do...

FINANCE

CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM): Total outstanding, end of month....... .mi I. $a

Installment credit, total..........................do.oe Installment credit extended and repaid; Unadjusted:

Extended, totaI .do... Repaid, total.....................,.,. .,..„(io.,s

Seasonally adjusted: Extended, tota I ....." do... Repa i d, tota I do...

FEDERAL GOVERNMENT FINANCE: Net cash transactions (Federal) with the public: ±/ Receipts from .do... Payments to do... Excess of receipts, or payments (-) „ do...

Seasonally adjusted quarterly totals: Rece i pts do... Payments .do... Excess of receipts, or payments (-)..... ...do...

Public debt and guaranteed obligations: Gross debt (direct), end of month, total.........biI. $.

Interest bear i ng, totaI.......................... do... Pub I ic issues . do...

Held by U.S. Government investment accts do... Special issues... ...do...

Non i nterest bear i ng.............................. do... Obligations guaranteed by U.S. Govt., end of mo....do...

GOLD, MONETARY STOCK, U.S., end of month. .......mil. $„ SILVER, PRICE AT NEW YORK do!, per fine oz. SECURITY MARKETS:

Dividend yields, common stocks (Moody's): TotaI (200 stocks) i.............percent.

Industrial (125 stocks)..........................do... Public utility (24 stocks).......................do... Railroad (25 stocks) .......do... Banks (15 stocks) ...........................do... Insurance (10 stocks).....oc.....BO.....aa.......do...

r./ Revised. £,/ Preliminary. ±/ Other than borrowing. 36430

1963

Mar.

4,571 283 102

1,329 2,067

52 77

4,778 311 104

1,569 1,940

63 89

71,650 67,148 4,337 62,812 4,501 1,386 6.3

72,460 68,364 4,886 63,478 4,096 1,097 5.7

1.8

62,149 48,075

4,702 4,479

4,973 4,496

11,545 8,922 2,622

27,400 28,300

-900

302.99 298.98 256.77 12.77 42.20 4.02 .55

15,878 1.271

3.25 3.29 3.06 4.73 3.19 2.45

Apr.

4,651 353 102

1,504 1,862

63 92

4,705 309 103

1,503 1,946

63 90

72,161 68,097 4,673

63,424 4,063 1,424 5.6

72,902 68,767 4,997 63,770 4,135 1,067 5.7

3.9 4.1 2.3

3.6 4.0 1.3 1.6 1.8

63,167 48,806

5,332 4,601

5,008 4,487

7,248 9,669

-2,421

303.17 299.19 257.58 12.56. 41.60 3.98 .56

15,877 1.273

3. II 3. 12 3.07 4.39 3.15 2.42

1964

Jan.

4,478 247 102

1,262 2,086

46 75

•5,089 336 III

1,698 2,041

63 99

71,793 67,228 3,993 63,234 4,565 1,106 6.4

73,667 69,567 4,936 64,631 4, 100 I, 505 5.6

3.6 3.7 2.0

4.0 4.0 1.2 2.0 1.8

69,203 53,597

4,784 4,932

5,276 4,848

6,628 9,848 -3,219

308.58 304.50 262.58 14.44 41.92 4.08 .76

15,512 1.293

3.10 3. 12 3.21 4.33 3.13 2.52

Feb.

4,330 228 100

1,246 1,982

47 72

5, ill 337 110

1,743 2,018

67 98

72,527 68,002 3,93i

64,071 4,524 1,163 6.2

73,835 69,832 4,797 65,035 4,003 1,007 5.4

r3.4 r4.0 r2.0

3.3 r3.8 I.I 1.5 1.7

68,786 53,552

4,552 4,597

5,421 4,842

!1,525 9,393 2,132

310.36 306.13 263.25 r14.39 42.88 4.22 .79

15,462 1.293

3.07 3.07 3.20 4.2! 3.14 2.48

Mar.

4,859 365 III

1,564 1,970

52 82

5, 126 326 112

1,721 2,055

62 96

72,810 68,517 4,0!7 64,500 4,293 1,322 5.9

73,760 69,807 4,600 65,207 3,953 i,047 5.4

p3.5 p3.8 P2.2

p3.4 P3.7 pl.2 pi.6 pi.7

68,913 53,795

5,322 5,079

5,480 4,956

12,!68 9,390 2,778

29,500 30,400 -1,000

309.59 305.40 262.18 14.23 43,22 4.18 .82

15,461 1.293

3.04 3.02 3.28 4.21 3.02 2.49

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

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

CHEMICALS AND ALLIED PRODUCTS

. . c o

o o o .

. . o e

•'••

S0O9

• o.o

o . o *

•mi 1

o » o »

. o a a

•••• mil.

s o o o

..mi

.mi S

. .ms

••••

,oes

emSf

semi

1. lb. .doeoo

0 gaL 1. Sb. .do...

.do... sdo0..

.do„..

.doooe

.gaL L Ibo

o tax ga!.

o o o e

.doooe

.doffl.s

.do...

wine gal.

O 8 O • odooa. .do....

ORGANIC CHEMICALS, PRODUCTION! Acetic anhydrideeeeeoSa..OSEOoo AcetySsalfcyl1c acid (aspirin). Creosote oil,.„Boa8a,9I1,oe,,..o DDT............................ Ethyl acetate C85#)eseao00oeeoo

Ethylene glycol.......•...•••.. Formaldehyde (37$ h€H0) e e o a . . . . Glycerin, refined, all grades?

Product ion, 6.M. B, 8,.,,,»» 8. Stocks, end of month

Methanol, syntheticB3saesoe.„.. Phthallc anhydrideeoseoeoooSooS

ALCOHOLS Ethyl alcohol and spirits?

Product ion....••............. Stocks, end of mo»»th Used for denaturationoeEeooso Taxable withdrawals...... eooo

Denatured alcohols Production. •••-.. e o 0 s e e e o s ooso Consumption (withdrawals).0oS Stocks, end of month*osoa....

METALS AND MANUFACTURES

IRON ORE (U.S. and foreign ores)? Receipts at Iron and steel plants*,.......thous. Ig. tons*, Consumption at iron and steel piantsaes.s............do..., Stocks, end of mo s: At furnace yards.................do....

At U, SB docks o o s a o s o e o s e. 0 6 e a s.do e s o < CASTINGS, TOTAL SHIPMENTS:

Gray §ronesse..se.......os.es....•„a..•...thouss sh, tons., Mai leable iron,.. ,se,5B...8..,.8,,.. do,.., Steel.................;•..............................do...,

STEEL MILL PRODUCTS, INVENTORIES, END OF M0e s Consumers (manufacturers only).........••...miS. sh. tons;,

Receipts during month. .„ •••...•.•..••.•••.......•... do.... Consumpt ion dur i ng month. ............................do...,

Warehouses (service centers) B..8,,.,..,..8,,e..do..,, Producing mi lis?

In process (ingots, semifinished, etce)0..98easo8Be.do.«e, Finished (sheets, plates, bars, pipe, etc.)........do....

Aluminum shipments? Ingot and mill products (net)•.••.•...•••.•....••.mi I. Ibe, Mill products, total,,,,, .., „ do...,

Plate and sheet Cexci. foi I).....<•.... ..•••..•••.do..... Industrial trucks (electric), shipments? Hand (motor I zed)«.. e. e 6 e ® e e s « * e 8 » „ » 0 a 6.9 e „ a e „ „ e. s 0.number., Rider-type................................. s..........do...,

Industrial trucks and tractors (gasoline-powered), shipments number.,

Feb.

8 4 . 6 2 . 2 6a7-

S5.6 11.3

I 16.9 186.9

19.8 30 .3 26 .6 32.6

52.2 J67e3 43.2

4 .2

2 3 . 2 2 2 . 8

3 .5

1,765

1963

Mar0

106.9 2 , 5 7 .1

17.7 8 . 0

I 13.8 2 1 4 . 0

22 .5 29 .6 26 .4 41 .0

53.4 164.2 43 .8

5 .3

2 3 . 6 2 4 . 8

2 . 3

2,612 7,691 52,593 6,148

924 75 116

8.6 4.3 4.2 3.2

7e3 7.1

r469.3 r306.7 136.7

483 600

3,426 9,339

r46,679 5,885

1,055 8! 127

•9.0 5.1 4.7 3.2

7.5 7.2

496.8 345.0 159.8

529 793

2 ,137

Dec*

121.0 2 .6 8.8 9.4 9.4

123.4 2 2 0 . 4

30.0 22 .2 30.8 39.5

58, 177, 45,

4.

2 4 . 5 2 3 . 8

3 . 3

4 ,052 8 ,458

61 ,044 5,347

1,014 79

133

9 .3 4 .6 4 . 8 3.5

7 . 8 7 . 2

r 5 2 3 . 7 r 3 2 8 . 6

145.0

590 630

2 , 8 3 0

J a n .

I S L 8 2 . 8 8 . 2

I 1.4 8 . 8

121.8 2 0 7 . 0

29.1 2 2 . 3 29 .6 37.4

60, 179, 49,

4,

26, 26,

3 .2

2 , 7 1 0 9 , SI3

54,644 5,273

1,068 84

145

3 .4

7 .8 7 . 2

546.3 362 .3 170.9

491 484

2 , 5 4 3

1964

Feb.

101.6 2 . 6 7.1

12.8 10.8

109.1 r203 .0

2 6 . 3 r 2 5 . 4

29 .9 r 3 6 . 7

56 .1 183.0 4 4 . 0

4 . 7

2 3 . 7 2 3 e f

3 .7

2 ,518

Mar .

125.4 2 .7 8.4

13.3 9.4

138.8 2 1 0 . 2

28 .5 27 .6 30 .3 45 .4

3,225 8,867 9̂,002 5,068

1,095 83 141

9.4 4.8 4.8 3.5

8.0 7.3

536.7 360.2 170. 1

515 609

3,491 9,764 42,729 4,707

O O . „ 8 0 * .

p9.4 p5.3

P5.3

P3.5

p8.0 p7.6

548 578

2,862

j r / R e v i s e d . j> / P r e l i m i n a r y . USCOMM-DC—36430

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

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