BUSINESS 0- _ ,

October 12,1962

SURVEY OF CURRENT BUSINESS

*^SS£^° 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

Billion Dollars 140

130

120

110 H

100

90

TOTAL LOANS AND INVESTMENTS (Weekly Reporting Member Banks of Federal Reserve System)

(average of Wednesday data)

Billion Dollars 140

(Wednesday data)

130

1959 I960 a^LJ jJ 90

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

Index, 1957-59=100 140

130

120

110

100

ELECTRIC POWER PRODUCTION (by utilities) (E. E. !. seas. a d j . i n d e x )

-I l 1 l 1 1 1 1 1 1 1 , 1 1 1 1- I 1 1 1 l ,1 1 1 1 , 1 , 1 1 \ „ ,! 1 ,„ J ,1 ,1

Monthly

-

-

i i i i ̂ LJLJL^LJLJ . i .1

Index, 1957-59 = 100 140

A 130

H 120

1959 I960 1961 1962 J F M A M J J A S O N D

Billion Dollars 80

40

NEW CONSTRUCTION (seasonally adjusted, annua! rate)

Private Residential (nonfarm)

0 L i M i i J^I^JU^JAJ^±±AJJ. J^ i -JaJ j^JLiJ^ iJ^

1959 1960 1961 1962

Index, 1957-59=100 130

120 h

100

1959 1960 1961 1962

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

2 WEEKLY BUSINESS STATISTICS1

ITEM

COMMODITY PRICES, WHOLESALE: A 1 1 commod Jties..-:. .. :..... e.. * « * » » , » « * = 1957-59= IOOe.

ALL RETAIL STORES, SALES ; mil. $..

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

State programs (50 States 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/

U.S. Government obligations ..do.**. Commercial and Industrial loans (gross) do,...

Bond yields, domestic corporate (Moody's) 3/..,...percent.e

Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10..

PRODUCTION:

Index of production 1957-59-100.. FREIGHT CARLOADINGS, TOTAL thous. cars..

1961

Sept. 30

•I00e0 *95.2 * 100.2 * 100.7

96.5

113

261 2,060 1,519 286

32,612 28,986 19,519

657

62,166 29,244 117,103 34,414 31,805 13,136

4.74 66.47 70.00

1,471 15,340 139,105 7, i56

2, 131 114.4 637 331

Oct. 7

96.4

1 18

292 2,004 1,476 330

32,678 29,237 19,605

484

61,542 29,400 116,175 33,643 31,786 13,140

4.74 67.18 70.57

1,461 15,035

120,403 7, 1 i2

2, 102 112.8 640 333

1962

Sept. 15

101. 1 100.5 103.2 100.8 92.6 4,400

113

243 1,507 1,336 270

34,167 31,921 19,951

528

62,094 33,552 123,149 30,917 33,590 14,810

4.61 58.84 61.62

1,459 16,837 138,481 7,308

1,682 90.3 587 304

Sept. 22

101.0 100.0 102.6 100.8 92.5 4,389

117

235 1,471 1,305 311

34,045 31,955 20,159

514

61,758 33,631 124,252 30,944 33,881 14,877

4.61 58.95 61.72

1,473 16,439 166,574 7,376

1,715 92.1 592 309

Sept. 29

101.0 99.5 103.0 100.8 92.6 4,468

116

232

305

33,882 31,702 20,194

507

61,212 33,734 124,162 30,818 34,063 14,920

4.60 56.15 58.62

1,463 16,023 171,220 7,355

1,766 94.8 597 317

Oct. 6

100,8 98.4 102.1 100.8 91.8

318

33,909 31,816 20,198

481

o o o . e . o e

e o e e e s e e

isss-SiS »».»•»».

4.59 56.16 58.68

178,893

1,746 93.7

J/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4_/ Wednesday data. * Monthly index for Sept. 1961.

MONTHLY BUSINESS STATISTICS

ITEM

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL..

Nonresidential buildings, total Jm/acaosa.-.

Publ ic uti 1 ities .«

Public, total

.,,,..,.do....

do....

do....

do.... do....

do NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL

RATES), TOTAL mil. J..

CONSTRUCTION COST INDEX:

do.... do....

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

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

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

do..,. ........do.... ........do.... ........do....

.1947-49-100..

1961

Aug.

5,402 3,723 2,109 1,578 428

937 213 416 215 160 497

1,679 462 113 651

r58,054 41,281 23,306

10,629 2,588 4,646 2,347 1,654 5,470

r16,773 r5,073 rl, 195 5,762

146

Sept.

5,473 3,740 2,122 1,602 417

949 218 42! 220 147 503

1,733 463 138 685

r58,896 41,709 23,782

10,711 2,610 4,718 2,398 1,590 5,422

r17,187 r5,iOI r1,364 5,960

145

1962

June

5,826 4,112 2,492 1,697 686

971 235 433 225 137 489

1,714 472 157 618

62,678 44,842 26,118

11,403 2,950 4,865 2,352 1,531 5,539

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

148

July

r5,743 r4,078 r2,388 r 1,759 r5l6

!,025 239 469 252 147

r49l

r1,665 461 r94 643

r62,084 r44,908 r25,987

11,661 2,962 5,110 2,588 r1,533 r5,444

r17,176 r5,043 r1,170 5,876

148

Aug.

r5,8!3 r4,062 r2,339 r1,782 r443

1,039 241 471 246 rl54 r503

rl,75l r464

*700"

r62,483 r45,022 r25,804

11,830 2,936 5,273 2,688 r1,566 r5,524

r17,461 r5,067

6,195

148

Sept.

5,851 4,075 2,335 1,802 421

1,037 245 465 234 152 522

1,776 465

62,953 45,371 26,059

1 1,723 2,930 5,214 2,549 1,649 5,623

17^582 5,108

148

r/ Revised. ±/ Excludes farm and public utilities. 30143

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

MONTHLY BUSINESS STATISTICS—Continued 3

ITEM

DOMESTIC TRADE

MAGAZINE ADVERTISING: Cost, total mil. $.

Apparel and accessories ....do... Automot i ve, including accessor i es do... Bu i I d i ng mater i a I s..... do...

Drugs and toiletries do... Foods, soft drinks, confectionery do... Beer, wine, liquors .......do... Household equipment, supplies, furnishings ..do...

I ndustr i a I mater ials do...

Soaps, cleansers, etc ;do.,. Smoking materials. do... AI I other do...

DEPARTMENT STORE SALES, UNITED STATES TOTAL: Unadjusted index 1957-59= 100. Seasonally adjusted index do...

EMPLOYMENT

CIVILIAN LABOR FORCE, TOTAL, UNADJUSTED thous. EMPLOYED ? . d o . . .

Agricu I tu ra l emp ioyment..'. d o . . . Noriagricultural employment d o . . .

UNEMPLOYED . „.do. 8. Percent of civilian labor force

CIVILIAN LABOR FORCE, TOTAL, SEAS. ADJUSTED thous. EMPLOYED „ do...

Agricu Itural employment do... Nonagr icu Itura I emp Ioyment do...

UNEMPLOYED do... Percent of civilian labor force

EMPLOYMENT, HOURS, AND EARNINGS

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

Manuf actur ing do... Mining do... Contract construction do... Transportation and public utilities do...

Wholesale and retail trade do... Finance, insurance, and real estate do... Services and miscellaneous do... Gover nment do...

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: TOTAL, UNADJUSTED do...

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

Seasonal ly adjusted ..do... Ordnance and accessor ies do... Lumber and wood products .........do... Furniture and fixtures... do... Stone, clay, and glass products ..do...

Primary metal industries do... Fabricated metal products do... Mach i nery do... Electrical equipment and supplies do... Transportation equipment do... instruments and related products.. do... Miscellaneous manufacturing industries do...

Nondurable goods industries, unadjusted do. Seasonal ly adjusted. ........ ..do.

Food and kindred products . c s.do. Tobacco manufactures 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... Petroleum refining and related industries ...do... Rubber and miscellaneous plastic products ...do... Leather and leather products do...

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

Seasona 11 y adjusted do... Durable goods industries, unadjusted .do...

Seasona I ly adjusted.. „ .do.. „ Nondurable goods Industries, -unadjusted.... do...

Seasona 11 y adjusted „ do...

Avg. hour Iy gross earnings, mfg. Industries .dollars. Durable goods industries .........do.'.. Nondurable goods industries..... ..............do...

1961

Aug.

47,424 4,760 2,735 1,752

4,564 7,356 2,519 2,339

2,717

457 2,228 15,995

100 110

73,081 68,539 6,325

62,215 4,542 6.2

71,789 66,998 5,662

61,417 4,887

6.8

54,333 16,381

665 2,770 3,939

11,410 2,757 7,546

8,865

12,274 12,156 6,641 6,699

94 568 311 477

940 831 950 968 96 J 222 317

5,633 5,457 1,318

89 802

1,100

475

594 509 135 284 327

40.2 40.0 40.5 40.5 39.8 39.3

2.31 2.48 2.10

Sept.

79,994 8,616

7,078 3,645

7,718 9,016 3,828 6,224

4,785 645

2,612 25,827

109

no

71,123

O / ,UJO

5,666 61,372 4,085 5.7

70,981 66,243 5,156

61,188 4,867

6.8

54,304

16,323 666

2,754 3,939

11,363 2,756 7,567 8,936

12,407 12, 104 6,753 6,673

97 565 314 477

955 839 960 982

1,013

226 326

5,654 5,431

1,335 106 804

1,082 476

599 509 133 292 319

39.8 39.6 40.0 39.8 39.5 39.2

2.33 2.50 2.12

1962

June

72,946 2,925 7,577 2,554

8,097 10,348 5,070 5,023

4, 137

565 3,486

23,164

105 III

74,001 69,539 6,290

63,249 4,463

6.0

71,706 67,711 5, 190

62,747 3,917

5.5

55,535

16,923

652

2,671

3,934

11,621

2,788

7,749

9,197

12,516 12,581 7, 7,

025 035 97

571 317 476

936

1,034 1,039 1,137 228 322

5,491 5,546 I, 176

65 803

1,093 483

597 520 130 304 321

40.7 40.5 41.2 41.0 40.1 40.0

2.39 2.56 2.17

July

51,716

899

4,362

1,675

6,410

8,832

3,615

3,381

3,247 631

2,712 15,952

96 rl 14

73,582 69,564 6,064

63,500 4,018

5.5

71,578 67,735 5,143

62,809 3,828

5.3

r55,6l7

r16,908 r648

r2,738 r3,9!3

rl 1,652 2,792 r7,783 r9,183

r12,403 r12,551

r6,925 r7,024

r99 568

r3!3 r476

r903

r852 r1,020 r1,031 rl,!2l

226 316

r5,478 5,527

r1,224 65

786 r1,071

476

592 521

r!30 296

r3!6

r40.5 r40.5 40.8 41.0 40.0 39.8

2.39 r2.56 2.17

Aug.

50,197 5,163 3,603 1,413

4,955 7,053 2,849 2,408

3,302 686

2,462 16,305

rpl04

rpll5

73,695 69,762 5,770

63,993 3,932

5.3

72,392 68,194 5,166

63,172 4,218

5.8

r55,556 r16,793

r648 r2,736 r3,93!

rI 1,629 2,796 7,813.

r9,2IO

r 12,544 r 12,434 r6,863

r6,928 r!02 r573 323

r48l

r853

rl,OI5 r1,040 r1,009

r230 r33l

r5,68l r5,506 rI,307

r89 r798

rl,l27 r482

r596 r524 rl29 r303 327

40.4 40.2 40.8 40.8

r39.9 r39„4

2.37 2.54 2.16

rj Revised. 30143

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

4 MONTHLY BUSINESS STATISTICS — Continued

" — — — — — — — — — - _ _ — _ — — - 1

ITEM

PETROLEUM AND PRODUCTS

Crude petroleums

ALL OILS, SUPPLY, DEMAND,•AND STOCKS?

Production;

Natural-gas liquids, benzol (blended), etc......i,do....

Aspha11....0.... „....0 0..„.„„ 0 0.. .....0 0 ... .. 0...do.... L iquef ied gases. 0 ,«.. o •...... „ o. •..•..... „.......do,...

Natura 1-gas 11qu1ds.....„.0„..„0„0.„„0„„„„.„„„0„...do.... Ret 1ned products...„.......0..... .... .........„....do....

Refined petroleum products; Gasoline (inc.l.. aviation):

Stocks, finished gasoline, end of month........ s o e*do e o e e

Aviation gasolines

Stocks, end of month......;........................do.... Kerosene:

Stocks, end of month.... O Q O e s o o e O 0 S 0 e o o 0 G O.. 0 S O S f f l s sdo.... Distillate tuel oil:

Residual fuel oil:

Jet fuels

Lubricants:

Asphalt:

Liquefied petroleum gases:

Stocks Cat plants, terminals, underground, and at

1961

June

1,734 239.6

80

288.0

213.1 28.7

278.2 272.4 138.5 7.8

37s0 31.6

8.5 3.6 13.8 16.4

817.0 261.1 38.2 517.8

123.8 183.7

9.4 11.6

905 30.3

52.5 109.5

23.3 47.4

7.5 7.9

4.6 12.7

I009 19.3

6.6 10.1

36.9

July

1,735 257.0

83

307.3

215.7 29.4

286.1 281.2 137.4 9.2

39 e2 39.3

8.0 3.5 14. S 15.7

r838.2 257.0 41.4

539.9

M35.6 182.5

9.6 10.7

1 1 e 1 32.4

58.2 129.6

25.8 50.2

8.1 8.2

5.2 12.9

11.8 17.7

6.2 9.9

40.7

Apr*

1,527 243.0

81

31 1.2

221.7 30.3

291.5 ' 286.4 129.5 10.6 53.7 40.5

8.9 3.8 6.9 18.4

783.9 255.9 32.8 495.2

123.6 200.4

9.7 10.6

lid 24.2

54.3 88.3

22.9 39.3

8.6 8.5

5.3 13.3

8.5 20.8

6.3 12.5

30.4

1962

May

2,126 256.3

83

312.6

223.0 30.4

298.0 292.5 140.7 9.0

44.6 38.6

10.0 4.0 11.2 17.8

798.4 255.7 35.3

507.4

131.9 S92.4

II.1 10.3

f 1.4 27.3

57.5 102.3

23.3 41.0

9.2 ..8.3

5.0 12.7

IS.3 21.3

6.7 12.0

33.5

June

1,732 258.8

86

305.4

217.7 29.1

291.3

286.5 140.4 9.2

40.0 34.5

10.4 3.7 13.8 17.5

812.5 247.7 37.3

527.4

132.7

185.5

10.8 I0S6

11.5 30.1

58.5 121.5

22.2 . 44.9

9.0 8.2

5.1 12.5

11.7 19.9

6.5 II.7

35.8

Ju ly

1.71 1 264.4

85

313.7

224.0 31.0

296.2 291.0 I42e5 .10.9 40.6 33.7

8.7 3.6 14.9 19.0

830.. 1 242.4 39.1

548.6

139.7 183.1

10.3 10.2

13.2 33.2

59.3 140.6

23.2 50.7

8.4 8.1

5.3 12.5

12.7 18.4

6.7 12.6

37.6

rj R e v i s e d . USC0NM-DC—30143

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DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C.

OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

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