Survey of Current Business Weekly Business Supplement · Fuel oil and coal do.. Gas and electricity do. . Household furnishings and operation do. . Apparel and upkeep do. . Transportation

. ^ T O F ^ BUSINESS STATISTICS

December 26. 1975

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS

Billion $ 450

425

400

375

350

325

300

275

250

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

i i i i i 1 i i i i i —1—1—L_l .1 1 ' 1 J—L_J—L_ —1 J 1—1 1 ,1 1 1 1 1 1 —

Monthly

-

\ ~ - ^ ^ _ - ^ ^ — . -

-

-

-(average of Wednesday data)

i I i i i 1 i i i i i

1972 Data: Federal Reserve Board

1973 1974 1975 J F M A M J J A S O N D

INDEX, 1967=100

170

160

150

140

130

- ELECTRIC POWER PRODUCTION (E. E. I. seas. adj. index)

sS~~

- l - l L X i 1 J L^JL^JL^ -J—1—1—L—l—1—UJ_J—1—1— I i i I I 1 I I i I i

Monthly

„JL_4_LJL, 1,1 M 1

-

-

-

-

1 1

1972 Data: Edison Electric Inst.

1973 1974 1975

INDEX, 1967=100

170

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

Billion 1,300

PERSONAL INCOME (Seas, adj . , at annual rates)

800 11 i i i 11 i i I,I i I i i i i i 1 5 0 0

1972 1973 Data: U.S. Dept. of Commerce

1974 1975

1967

180

170

160

150

140

130

120

= 100

CONSUMER PRICES —

y * s

/ S ~ Food ;*..***

All Services x, / .»'"* - 3_ s'~»y ^

/ s s S

• ^ ' All Items

M l l l I I l l-l I

•

• —

~

LJ.,..LJ-LLJ..,.I,-L.I..

1972 1973 Data: U.S. Dept. of Labor

1974 1975

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement

provides selected weekly and monthly data 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 STATISTICS

ITEM

WHOLESALE PRICES, 22 COMMODITIES 2/ 1967=100. 9 Foodstuffs............... do.. . 13 Raw industrials do. . .

ALL RETAIL STORES, SALES . I 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 5/, mil. $. Federal Reserve bank credit outstanding, total 3_/...do... Member bank reserve balances 3/ do. . .

Excess reserves, estimated 3/ do. . . Assets and liabilities of large commercial banks: 4/

Demand deposits, adjusted do. .. Savings deposits do. . . Loans and investments, gross 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.

Industrial, 425 stocks do. . .

PRODUCTION: Bituminous coal thous. sh. tons. Electric power, by utilities mil. kw. -hr. Motor vehicles (passenger cars) number. Petroleum (crude) and condensate 3/ .thous. bbl.

Steel, raw thous. sh. tons. Index of production 1967=100.

RAIL FREIGHT, REVENUE TON-MILES bil.

1974

Dec. 14

216.7 267.3 187.3 9,971 7,052

638 3,711 3,354

202

78,496 92.168 36,293

-159

105,615 57,890

386,914 23,675

130,009 60,196

9.54 67.67 75.47

10,370 37,057

129,313 8,629

2,491 102.1

15.4

Dec. 21

210.5 262.4 180.6

10,009 7,066

678 3,662 3,322

153

78,926 92,859 36,762

217

105,359 57,916

390,024 24,059

130,805 60,183

9.54 67.90 75.77

10,4Q0 37,146

112,479 8,664

2,542 104.2

14.9

1975

Nov. 29

190.8 205.3 181.4

12,225 8,433

403 4,393 3,288

154

84,177 99,401 34,724

212

102,883 67,269

379,084 37,509

119,204 59,525

"'9.46 90.94

101.85

11,565 36,222 97,987 8,297

1,985 81.4

12.8

Dec. 6

189.6 203.1 180.7

13,144 9,602

488 4,344 3,279

200

84,777 98,820 34,860

329

104,615 67,535

379,486 37,320

119,049 59,449

9.47 87.60 98 ..04

13,135 37,130

160,063 8,218

2,086 85.5

14.7

Dec. 13

189.9 204.6 180.2

13,850 10,013

456

214

85,283 96,181 34,430

166

9.49 88.08 98.68

13,765 38,240

170,005 8,201

2,105 86.3

15.2

Dec. 20

189.7 202.8 181.0

85,734 97,581 35,132

237

9.46 89.15 99.88

169,327

2,069

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data.

MONTHLY BUSINESS STATISTICS

1974

III

1975

III

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.

PERSONAL INCOME, BY SOURCE: SEASONALLY ADJUSTED, AT ANNUAL RATES:

Total personal income bil. Wage and salary disbursements, total do.

Commodity-producing industries, total do. Manufacturing do.

Distributive industries 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 ^Q' Less personal contributions for soc. insurance. '.'.do.

Total nonagricultural income-•• do.

,130.2 848.3 89.9 26.3

105.6 139.0 55.9 83.1

-33.4

,155.5 868.2 92.1 26.6

105.8 157.0 62.7 94.3

-51.2

,165.4 877.7 91.6 26.8

103.4 131.5 52.0 79.5

-28.1

,150.7 875.6 84.9 27.0 94.3

101.2 39.0 62.3 -7.0

175.4 885.4

86.1 27.1

104,9 113.3 43.0 70.3 -8 .4

r l , 2 2 7 . 5 906.6

94.6 27.4

r123.0 r l 3 4 . 6

r52 .0 r82..6 -11.7

1974 1975

Oct.

1,135 773 279 219 183 146 162

53

62 29

2 6 . 33

108. 147.

4 8 . 1,145.

. 0

. 0

. 5

. 4 8 9 8

5

5 2

7 . 5 0 6 9 7

Nov. Aug.

,184.5 767.8 272.3 214.2 183.9 147.4 164.2

54.0

62.5 29.1

26.8 33.6

109.5 149.8 48.5

145.2

1,255.9 792.3 271.4 212.9 190.4 156.7 173.8

58.2

64.8 29.9 27.4 34.5

121.4 178.0

50.7 1,214.0

Sept. Oct.

270.9 799.6 275.1 216.0 191.3 158.2 175.0

58.7

65.2 32.1 27.7 34.8

123.8 180.0

51.1 226.6

r l , 2 7 9 . 2 r807.1 r277.4 r218.2 r l 9 2 . 7

159.4 177.6

59.2

r65 .7

r30 ,6 28..0

r34 .8 r l 2 5 . 9 rl '79.4

r51 .4 1,236.3

r/ Revised. CORRECTION: Sept. instead of 4,697. 31,231

JL

,290.1 814.3 280.1 219.7 193.9 161.7 178.7

59.7

66.1

.29.. 0 28.3 34.8

128. 180.

51. 1,248.

1975 F.W. Dodge, Private ownership shown in the Nov. issue of the SURVEY OF CURRENT BUSINESS P- S-10, should read 4, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

ITEM 1974

Nov. Aug. Sept. Oct.

GENERAL BUSINESS INDICATORS--Con.

MANUFACTURERS' SHIPMENTS: 1/ Value (not seasonally adjusted): Durable goods industries, total mil. $ Primary metals do. . Transportation equipment do. .

Value (seasonally adjusted): Durable goods industries, total do. . Primary metals do. . Transportation equipment do. .

Supplementary series: Household durables do. . Capital goods industries do. . Nondefense do. . Defense do. .

MANUFACTURERS' ORDERS: 1/ New orders, net (not seasonally adjusted): Durable goods industries, total do. .

New orders, net (seasonally adjusted): Durable goods industries, total do. . Primary metal s do. . Transportation equipment ..,,,.,,..do = „

Supplementary series: Household durables do. . Capital goods industries do. . Nondef ens e do. . Defense do. .

Unfilled orders, end of month (unadjusted): Durable goods industries, total do. .

Unfilled orders, end of month (seasonally adjusted): Durable goods industries, total do. . Primary metals do. . Transportation equipment do. .

Supplementary series: Household durables do. . Capital goods industries do. . Nondef ense do. . Defense do. .

COMMODITY PRICES

CONSUMER PRICE INDEXES: Unadjusted indexes: All items 1967=100 Special group indexes: All items less food do. . All items less medical care do. .

Commodities do. . Nondurables do. . Nondurables less food do. .

Durables do. . Services do. . Services less rent do. .

Food do. . Meats, poultry, and fish do. . Dairy products do. . Fruits and vegetables do. .

Hous ing do. . Shelter do. . Rent do. . Homeowner ship do. .

Fuel and utilities do. . Fuel oil and coal do.. Gas and electricity do. .

Household furnishings and operation do. . Apparel and upkeep do. . Transportation do. . Private do. . New cars do. . Used cars do. .

Public do. . Health and recreation do. . Medical care do. . Personal care do. . Reading and recreation do. .

PURCHASING POWER OF THE DOLLAR AS MEASURED BY--Consumer prices 1967=$1. 00

CONSTRUCTION AND REAL ESTATE

NEW HOUSING UNITS STARTED: Unadjusted: Total (private and public) thous Privately owned do. . One-family structures do. .

Seasonally adjusted at annual rates: Total privately owned do. . One-family structures do. .

47,165 8,467 10,871

45,857 9,022 9,803

3,345 12,950 11,287 1,663

45,418

44,393 8,378 9,321

3,294 12,784 11,383 1,401

132,191

134,224 18,993 34,234

2,052 75,128 51,413 23,715

153.0

149.1 152.8 150.7 155.8 146.1 136.8 157.3 161.9 166.1 163.7 151.7 162.4 156.7 160.0 132.5 170.1

155.2 225.5 151.5 149.0 141.1 142, 142. 123. 139. 148. 145. 156. 143.0 137.8

$0,654

97.2 96.7 69.5

43,893 8,031

10,089

44,275 8,572 9,333

3,185 12,749 11,213 1,536

42,402

42,705 7,863 9,298

3,057 12,974 10,623 2,351

130,701

132,656 18,286 34,201

1,922 75,352 50,822 24,530

154.3

150.4 154.2 152.0 157.2 147.2 138.0 158.7 163.3 167.8 164.0 152, 164, 158, 161. 133. 171.

,106 792

157.1 229.2 154.0 151.0 142. 143. 142. 124. 141. 149. 146. 157.5 144.2 138.8

$0,648

75.6 75.1 57.9

1,017 802

40,798 6,139 8,748

42,492 6,472 10,037

3,431 12,544 10,812 1,732

40,585

42,688 6,909 9,758

3,466 12,440 10,392 2,048

116,635

117,408 12,892 32,237

1,670 70,791 45,106 25,685

162.8

158.3 162.4 160.4 165.2 153.0 147. 167. 172. 178. 189. 154. 177. 167. 170.7 138.0 182.8

168.9 235.7 171.2 158.8 142.3 153.6 153.4 126.8 156.1 155.0 154.6 170.9 151.4 144.7

$0,614

118.7 117.3 90.7

1,269 987

45,185 6,925 10,251

43,280 7,065 9,823

3,526 12,409 10,744 1,665

44,039

42,227 6,265 9,982

3,555 12,205 10,214 1,991

115,492

116,356 12,092 32,396

1,701 70,589 44,578 26,011

163.6

159.5 163.2 160.8 165.4 153.8 148.2 169.1 174.6 177.8 190. 156. 167. 168. 171. 138. 183.

170.9 238.7 174.0 160.1 143.5 155.4 153.9 126.5 156.6 169.5 155.4 172.2 152.1 146.0

$0,611

112.5 rill.9 r84.5

rl,269 r931

r45,404 r6,466 rl0,808

r43,908 r6,844 r9,736

r3,618 rl3,044 rll,178 rl,866

r43,575

r42,393 r6,877 r9,159

r3,629 rll,885 rl0,689 rl,196

rl33,659

rll4,845 rl2,126 r31,820

rl,710 r69,429 r44,090 r25,339

164.6

160.4 164.1 161.7 166.4 154.6 148.9 170.1 175.7 179.0 192.9 159.4 165.5 169.8 172.5 139.3 184.8

172.0 243.3 174.2 160.9 144.6 156.1 154.8 129.9 156.5 168.8 156.3 173.5 152.9 146.6

$0,608

rl25.6 rl24.2 93.9

rl,457 rl,102

r/ Revised. 1/ Data for Nov. 1975 are advance estimates. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS—Continued

1974

Oct.

1975

Aug. Sept. Oct. Nov. p/

CONSTRUCTION AND REAL ESTATE--Con.

NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING PERMITS (14,000 permit-issuing places):

Seasonally adjusted at annual rates: Total............... ............................thous.

One-family structures..............................do. . . Manufacturers' shipments of mobile homes:

Unadj usted do.. . Seasonally adjusted at annual rates .do. . .

LABOR FORCE, EMPLOYMENT, AND EARNINGS

Indexes of average hourly earnings, seasonally adjusted: Private nonfarm economy (prod, or nonsupervisory workers):

Current dollars. .1967=100. 1967 dollars. .do...

Gross avg. weekly earnings (prod, workers on payrolls): Current dollars, seasonally adjusted...................... 1967 dollars, seasonally adjusted.........................

Spendable average weekly earnings (married worker with three dependents):

Current dollars, seasonally adjusted...................... 1967 dollars, seasonally adjusted.........................

TRANSPORTATION EQUIPMENT

Retail sales, new passenger cars: Total, not seasonally adjusted........................thous

Domestics. .do.. Imports do. .

Total, seasonally adjusted at annual rates............. .mil Domestics. .do. . Import s ................ do. .

Retail inventories, new cars (domestics), end of month: Not seasonally adjusted. .thous Seasonally adjusted....................................do..

Inventory-sales ratio, new cars (domestics).............ratio

811 550

20.7 227

163.3 106.8

158.41 103.64

137.42 89.91

757 628 129 7.8 6.3 1.5

1,595 1,610

3.1

770 534

15.3 204

995 732

21.2 235

,095 779

20.4 215

164.2 106.4

157.47 102.07

136.70 88.61

604 506 98 6.8 5.5 1.3

1,733 1,740 3.8

174.6 107.4

165.43 101.73

149.31 91.82

684 534 150 9.2 7.5 1.7

1,436 1,495 2.4

175.1 107.2

166.06 101.65

149.81 91.70

726 591 136 8.9 7.2 1.7

1,513 1,540 2.6

rl,079 r769

21.2 229

1,118 789

rl76.5 rl07.4

167.24 101.70

150.73 91.66

889 774 115 9.5 8.1 1.4

1,484 1,480 2.2

178.1 107.5

169.88 102.60

152.76 92.26

744 655 89 8.8 7.5 1.2

| 1,443 1,374 2.2

r/ Revised. p_/ Preliminary.

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