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CHART 4Employment and IncomeTotal nonagricultural employment, after rising until September 1957,declined in the closing months of the year.MILLIONS OF PERSONS54SEASONALLY ADJUSTED DATA5250NONAGRICULTURALEMPLOYMENT(BLS)1612MANUFACTURINGPRODUCTIONWORKERS' . ..f— 'I I I I I 1 1 I I I I 1 I I I I I 1 I I I I I 1 I I I I I 1 I I I I I i i i i i I i i I I I iVBasic wage rates rose moderately throughout the yearDOLLARS2.20FOR MANUFACTURINGPRODUCTION WORKERS2.00AVERAGE HOURLY EARNINGSGROSS «• \1.80EXCLUDINGOVERTIME1.60I I i i i i I i i i i i I i i i i i 1 i i i i i I i i i i i 1 i i i i1954 1955 1956 1957SOURCE: DEPARTMENT OF LABOR.18
CHART 4—ContinuedEmployment and Income. . . but hours of work were reduced and weekly earnings remainedroughly constant.DOLLARS10090FOR MANUFACTURINGPRODUCTION WORKERSHOURS8070AVERAGE WEEKLY EARNINGS(LEFT SCALE)AVERAGE WEEKLY HOURS-!/(RIGHT SCALE)Personal income reached a new high in the summer, and thendeclined slightly, reflecting changes in labor income.BILLIONS OF DOLLARS400SEASONALLY ADJUSTED ANNUAL RATES350PERSONAL INCOME300250WAGE AND SALARYDISBURSEMENTS *200150 -19547 SEASONALLY ADJUSTED1955 1956 1957SOURCES: DEPARTMENT OF LABOR, DEPARTMENT OF COMMERCE, ANDNATIONAL BUREAU OF ECONOMIC RESEARCH.
Page 3 and 4: Economic Reportof the PresidentTRAN
Page 5 and 6: LETTER OF TRANSMITTALTHE WHITE HOUS
Page 8 and 9: commercial demands and reduce the f
Page 10: APPENDIXESPageA. Summary of Recomme
Page 13 and 14: present consumption standards. Even
Page 15 and 16: favored by temporary conditions or
Page 17 and 18: Federal fiscal policies were also d
Page 19 and 20: growth with reasonable stability of
Page 21 and 22: The decline which became apparent i
Page 23 and 24: CHART 2Shifts in Major Components o
Page 25 and 26: 1957 than in 1956, but in the secon
Page 27: though there was no significant inc
Page 31 and 32: week was 39.3 hours and average ove
Page 33 and 34: CHART 5Price ChangesWholesale price
Page 35 and 36: CHART 6Consumer PricesAfter declini
Page 37 and 38: few decades and the still higher av
Page 39 and 40: CHART 7The Pattern of Credit Expans
Page 41 and 42: CHART 9Member Bank ReservesMember b
Page 43 and 44: CHART 10Interest Rates and Bond Yie
Page 45 and 46: CHART 11Indicators of Agricultural
Page 47 and 48: various forms. On dollar sales of w
Page 49 and 50: Because of the high level of privat
Page 51 and 52: TABLE 7.—World industrial product
Page 53 and 54: CHART 13World and U. S. Foreign Tra
Page 55 and 56: CHART 14U. S. Balance of PaymentsTh
Page 57 and 58: a still larger outflow of capital.
Page 59 and 60: Chapter 4Economic Opportunities and
Page 61 and 62: of the sources of strength for the
Page 63 and 64: The strength of our financial insti
Page 65 and 66: Chapter 5A Legislative Program To H
Page 67 and 68: growth and stability. Although Fede
Page 69 and 70: housing loans insured by the Federa
Page 71 and 72: directions, without sacrificing eit
Page 73 and 74: medical and dental teaching facilit
Page 75 and 76: standards and help maintain the inc
Page 77 and 78: funds, on financial dealings betwee
Page 79 and 80:
on basic crops and dairy products.
Page 81 and 82:
partners, and particularly on the s
Page 83:
FEDERAL ECONOMIC STATISTICSA well-c
Page 87 and 88:
Summary of Recommendations in the E
Page 89 and 90:
e) Authorize the Secretary of Labor
Page 91:
Appendix BREPORT TO THE PRESIDENT O
Page 95 and 96:
Report to the President on the Acti
Page 97:
Advisory Board on Economic Growth a
Page 101 and 102:
Program for Improving Federal Stati
Page 103 and 104:
various divisions. Improvements in
Page 105 and 106:
InventoriesSeparate stage-of-fabric
Page 107:
Appendix DTHE CONSUMER PRICE INDEX9
Page 110 and 111:
total market basket since the base
Page 112 and 113:
described are applied whenever poss
Page 114 and 115:
were employed under contracts conta
Page 117 and 118:
Productivity StatisticsThe terms "p
Page 119 and 120:
5 percent. Some improvement over th
Page 121:
Appendix FSTATISTICAL TABLES RELATI
Page 124 and 125:
Prices:PageF-36. Wholesale price in
Page 127 and 128:
NATIONAL INCOME OR EXPENDITURETABLE
Page 129 and 130:
TABLE F-2.—Gross national product
Page 131 and 132:
TABLE F—4.—Gross national produ
Page 133 and 134:
TABLE F—6.—The Nation's income,
Page 135 and 136:
TABLE F-8.—Gross private domestic
Page 137 and 138:
TABLE F-10.—Relation of gross nat
Page 139 and 140:
TABLE F-12.—Sources of personal i
Page 141 and 142:
TABLE F-14.—Total and per capita
Page 143 and 144:
TABLE F—16.—Sources and uses of
Page 145 and 146:
TABLE F-17.—Noninstitutional popu
Page 147 and 148:
TABLE F—19.—Employed persons no
Page 149 and 150:
TABLE F-21.—Unemployment insuranc
Page 151 and 152:
TABLE F-22.—Number of wage and sa
Page 153 and 154:
1929.193019311932193319341935193619
Page 155 and 156:
TABLE F-26.—Average weekly hours
Page 157 and 158:
TABLE F-28.—Labor turnover rates
Page 159 and 160:
TABLE F-29.—Industrial production
Page 161 and 162:
TABLE F-31.—New construction acti
Page 163 and 164:
TABLE F-33.—Housing starts and ap
Page 165 and 166:
TABLE F-35.—Manufacturers* sales,
Page 167 and 168:
TABLE F-36.—Wholesale price index
Page 169 and 170:
TABLE F-37.— Wholesale price inde
Page 171 and 172:
TABLE F—39.—Consumer price inde
Page 173 and 174:
TABLE F—41.—Loans and investmen
Page 175 and 176:
TABLE F-43.—Bond yields and inter
Page 177 and 178:
TABLE F—44.—Short- and intermed
Page 179 and 180:
TABLE F-46.—Mortgage debt outstan
Page 181 and 182:
GOVERNMENT FINANCETABLE F—48.—U
Page 183 and 184:
TABLE F-50.—Federal budget receip
Page 185 and 186:
TABLE F-52.—Government cash recei
Page 187 and 188:
TABLE F—54.—Reconciliation of F
Page 189 and 190:
CORPORATE PROFITS AND FINANCETABLE
Page 191 and 192:
TABLE F-58.—Relation of profits a
Page 193 and 194:
TABLE F-59.—Sources and uses of c
Page 195 and 196:
TABLE F-61.—State and municipal a
Page 197 and 198:
Period19291930193119321933193419351
Page 199 and 200:
TABLE F-65.—Farm population, empl
Page 201 and 202:
TABLE F—67.—Indexes of prices r
Page 203 and 204:
TABLE F—70.—Selected indicators
Page 205 and 206:
TABLE F—72.—United States balan
Page 207 and 208:
TABLE F—73.—United States merch
Page 209:
TABLE F—75.—U. S. Government gr
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