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BUSINESS STATISTICS

February 13,1976

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS*

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

INDEX, 1941-43=10 INDEX, 1941-43=10

135

125

115

105

95

85

75

__ PRICES OF 425 INDUSTRIAL STOCKS

\

™_L^Jl_4mJmmJ—!—L^JL^L^JL™!™, —J P 1 L-J 1 1 L I 1 I J . . 1-1 1 1 1 1 1 1 J _ J L_

Monthly (avg. of daily close)

— L J 1 i 1 I I 1 1 1

-

-

-

-

-

-

I

Weekly (Wednesday close) H 120

' ' ' • f

1973 Stand. & Poor's Corp.

1974 1975 1976 J F M A M J J A S O N D

Thousands 1,400

1,200

1,000

800

600

MOTOR VEHICLE PRODUCTION (Passenger cars)

1973 1974 Data: Motor Vehicle Mfgrs. Assn. of the United States, Inc.

1975

Monthly

_J ! L_J L_! !_

Thousands 350

1976 J F M A M J J A S O N D

Billion $ 160

140

120

100 h

Bill

80

NEW CONSTRUCTION (seas, adj., at annual rates)

F^TY ^ /^ Total Put in Place

(left scale) p^N——»^

N» N

-

i i i i i I i J.L. I . . I

v ,b""~*" —» «»»

f > .̂ /

Private Residential, NonFarm (right scale)

i i i i i 1 i i i i i 1 i i i i i 1 i i t i i i i i i i

J

-j

1 . . i . i 1

ion$ 100

80

H60

1973 1974 Data: U.S. Dept. of Commerce

40

20 1975 1976

DOLLARS 5.40 V~~

5.20

5.00

4.80

4.60 h

4.40

MANUFACTURING HOURS & EARNINGS (Hours seasonally adjusted)

Average Hourly Gross Earnings

(left scale)

Average Hour

'right scale)

i M l I I l I I I I I l I I I I I l I l l

HOURS I 52

^50

48

46

J 44

42

-j 40

38 1973 1974

Data: U.S. Dept. of Labor 1975 1976

* 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 STATISTICS1

ITEM

WHOLESALE PRICES, 22 COMMODITIES 2 / i 1 9 6 7 * 1 0 0 . 9 Foodstuffs do... 13 Raw industrials 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 3/ mil. $. Federal Reserve bank crecTit 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.. Rate of capability utilization 5/ percent..

RAIL FREIGHT, REVENUE TON-MILES bil..

1975

Feb. 1

203.0 244.2 178.6

9,458 6,456

699 5,380 4,869

276

76,666 92,742 37,240

174

101,930 58,740

376,529 23,011

126,850 60,095

9.48 77.26 85.88

12,650 36,077 96,833

8,572

2,675

15.1

Feb. 8

202.3 237.6 180.8

9,480 6,778

692 5,549 4,987

244

76,469 92,509 36,974

395

101,582 58,977

377,067 22,752

126,468 59,859

9.42 78.95 87.92

11,950 37,424 81,068 8,580

2,721

14.4

1976

Jan. 17

191.4 202.9 183.8

10,346 7,275

564 4,965 3,897

181

85,211 97,994 35,813

186

108,384 70,626

381,582 41,362 118,623 59,842

9.34 97.13

108.77

11,685 40,082 167,780

8,242

2,236 74.9

14.5

Jan. 24

191.4 202.6 183.9

10,316 7,197

486 4,941 3,873

218

84,357 98,391 36,228

234

104,856 71,644

378,316 40,168 118,015 59,815

9.31 98.24 110.02

11,370 40,803 176,747

8,242

2,253 75.5

14.6

Jan. 31

188.7 196.8 183.1

10,670 7,162

448

244

83,652 101,098 35,075

172

9.28 98.53 110.36

11,630 39,256

167,950 8,242

2,320 77.7

15.0

Feb. 7

190.3 200.0 183.8

218

e83,480 102,555 35,113

455

9.26 101.91 114.31

165,291

2,286 76.6

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data. 5/ Capability for a full order book based on current availability of raw materials, fuels, supplies, and industry facilities, e/ Estimated.

MONTHLY BUSINESS STATISTICS

ITEM 1974

Nov. Dec.

1975

Sept. Oct. Nov. Dec.

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL mil. $., Private, total do...

Residential (incl. farm) do..., New housing units do...,

Nonresidential buildings, total 1/ do... Industrial do..., Commercial do...,

Public, total do NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL

RATES), TOTAL bil. $., Private, total .do...,

Residential (incl. farm) ....,....«t ..•*..• ••... .do.•••<-, New housing units.." do...,

Nonresidential buildings, total 1/ do..., Industrial do..., Commercial do...,

Public, total do.; i, CONSTRUCTION COSTS INDEXES:

DEPARTMENT OF COMMERCE COMPOSITE 1967*100.,

LABOR FORCE, EMPLOYtCNT, AND EARNINGS

LABOR FORCE, total, persons 16 years of age and over, not seasonally adjusted thous

Civilian labor force do.. Employed, total do..

Agriculture do.. Nonagricultural industries .do!!

Unemployed do..

r/ Revised. 1/ Except farm and public utilities. 317294

11,433 8,185 3,653 2,798 2,650

773 1,390 3,248

131.9 93.8 42.5 32.1 30.5 8.9

16.0 38.2

183.8

1974

Dec.

93,538 91,327 85,220 2,959

82,261 6,106

10,636 7,536 3,263 2,456 2,511

779 1,270 3,100

134.0 92.5 41.1 30.5 30.4 9.0 15.8 41.5

184.7

rl2,700 r8,471 4,301

r3,139 2,334

684 1,136 4,229

137 92 46 33 26 7

12.4 44.6

189.7

rl2,272 r8,496 r4,200 r3,196 r2,322

r675 rl,145 r3,778

rl35.6 r93.3 r46.5

34.9 r25.6 r7.5

rl2.6 r42.4

190,5

rll,762 r8,332 r4,094 r3,201 r2,225 r650

rl,080 r3,430

rl36.5 r95.8 47.5 36.7 r26.2 r7.8 rl2.7 r40.8

190.9

1975

Jan.

93,342 91,149 82,969 2,888 80,082 8,180

Oct.

95,431 93,267 86,023 3,524 82,499 7,244

Nov.

94,943 92,787 85,556 3,156 82,400 7,231

Dec.

94,888 92,731 85,536 2,856 82,680 7,195

10,997 7,821 3,832 3,011 2,106 674 981

3,176

138.6 95. 48, 37, 25. 7,

12. 43.

192.6

1976

Jan.

94,805 92,665 84,491 2,853 81,638 8,174

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

MONTHLY BUSINESS STATISTICS — Continued

TTEM

LABOR FORCE, EMPLOYMENT, AND EARNINGS--Con..

LABOR FORCE--Con.

Rates (unemployed in each group as percent of total in the group):

Industry: Private nonfarm wage and salary workers

EMPLOYEES ON PAYROLLS OF NONAGRIC. ESTAB., SEAS. ADJ...thous..

Transportation, communication, electric, gas, etc...do....

Production or nonsupervisory workers on payrolls of pri­vate nonagricultural establishments, seas, adj.:

Average weekly hours per worker, seasonally adjusted:

Hourly earnings, average, seasonally adjusted:

Transportation, communication, elec, gas, etc do....

Earnings per production or nonsupervisory worker on payrolls of private nonfarm establishments:

Average hourly earnings index, seasonally adjusted:

1967 dollars do....

Indexes of aggregate weekly hours, seasonally adjusted: 2_/

HELP-WANTED ADVERTISING, SEAS. ADJUSTED INDEX 1967=100..

1974

Dec.

r91,642 85,053 3,338 81,715 6,589 1,382

7.2 5.4 7.1 18.1 6.5 12.5 3.9 4.1 9.7 7.8

15.2 9.0 8.9

77,723 63,302 44,112 23,646

686 3,770 19,190 11,357 7,833 54,077 4,659 16,935 4,224 12,711

4,229 13,833 14,421 2,738 11,683

52,038 13,802 8,133

36.3 37.4 39.4 2.7 40.2 2.8

4.38 5.38 7.00 4.62 5.64 3.60 3.97 3.91

165.4 106.4 172.6 169.6 163.6

173.6 161.1 155.0 169.4

109.9 96.7 119.1

85

1975

Jan.

r91,963 84,666 3,370 81,296 7,297 1,572

r7.9 5.9 7.9 19.8 7.3 13.0 4.4 r4.5 10.6 8.5 15.6 10.0 9.9

77,319 62,852 44,054 23,270

723 3,749 18,798 11,099 7,699 54,049 4,603 16,903 4,205 12,698

4,219 13,857 14,467 2,734 11,733

51,624 13,437 7,898

36.2 37.2 39.2 2.4 40.1 2.5

4.41 5.62 7.03 4.65 5.66 3.63 3.97 3.93

166.3 106.3 174.9 170.4 164.8

174.3 162.6 154.9 170.4

108.9 94.5 118.9

77

Oct.

r93,213 85,151 3,408 81,743 8,062 2,719

r8.6 7.2 7.9 19.8 8.0 14.3 5.3 4.8 11.6 9.2 18.1 10.6 11.1

77,555 62,591 44,098 22,669

774 3,402 18,493 10,661 7,832 54,886 4,476 17,043 4,180 12,863

4,246 14,157 14,964 2,767 12,197

r51,435 13,235 7,548

36.2 36.6 39.8 2.8

40.0 2.6

4.63 6.08 7.32 4.90 6.12 3.82 4.18 4.15

176.7 107.5 188.9 177.7 176.0

188.8 171.9 163.8 179.4

rl08.4 92.7

r!19.3

83

Nov.

r93,117 85,178 3,301 81,877 7,939 3,004

r8.5 7.1 7.9 19.0 7.8 13.9 5.1 r4.8 11.3 9.2 17.5 10.5 10.8

r77,574 62,599 r44,117 r22,657

r766 r3,409 rl8,482 rl0,653 r7,829 54,917 r4,496 rl7,010 r4,174 rl2,836

4,248 rl4,188 rl4,975 2,761

rl2,214

r51,420 rl3,222 r7,539

36.3 36.8 39.9 2.8

r40.2 r2.7

r4.68 6.10 r7.41 4.93 r6.17 r3.84 4.26 r4.22

rl78.2 rl07.6 rl89.4 rl79.2 rl76.9

rl90.7 rl72.9 rl67.1 rl82.2

rl08.8 r92.9 119.8

87

Dec. £/

r93,129 85,394 3,236 82*158 7,735 3,080

r8.3 6.6 8.0 19.6 7.6 13.8 4.8 4.8 10.7 8.9 16.6 9.6 9.9

r77,782 r62,789 r44,216 r22,739

r770 r3,396 rl8,573 rl0,725 r7,848 r55,043 r4,469 rl7,088 r4,188 rl2,900

r4,264 rl4,229 rl4,993 r2,755 rl2,238

r51,591 rl3,311 r7,605

r36.4 37.5 40.3 3.0 40.7 2.9

r4.68 r6.10 r7.41 r4.96 r6.18 r3.85 4.22 r4.23

rl78.2 T107.1 rl90.2 178.5 177.4

189.3 173.0 165.0 181.8

rl09.3 r94.4

• irll9.7

88

1976

Jan. £/

93,484 86,194 3,343 82,851 7,290 2,785

7.8 5.8 7.5 19.9 7.1 13.2 4.1 4.7 9.4 8.1 15.4 8.1 8.2

78,140 63,139 44,427 22,879

767 3,400 18,712 10,808 7,904 55,261 4,491 17,207 4,201 13,006

4,275 14,287 15,001 2,754 12,247

51,874 13,427 7,679

36.6 37.8 40.4 3.0 40.8 2.9

4.73 6.14 7.51 4.99 6.23 3.88 4.27 4.27

179.8

192.4 181.7 178.4

192.2 174.4 167.0 184.7

110.3 95.1 120.8

r/ Revised, p/ Preliminary. 1/ Data reflect new seasonal factors and a modification in the procedure for seasonally adjusting teenage unemployment land those few other series of which teenagers are the exclusive or major part). Data have been revised back to Jan. iy/i. 2/ Revisions for 3rd quarter 1975: production workers (thousands): July, 50,736; Aug., 51,052; Sept^, total private, 106.2;107.4; 107.9; service-producing, July, 118.0; Aug. 118.7; Sept. 118.7.

51,315; indexes of hours (1967=100)

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

4 MONTHLY BUSINESS STATISTICS—Continued

ITEM

FINANCE

Bank debits to demand deposit accounts, except interbank and U.S. Govt, accounts, annual rates, seas, adj.:

Total (233 SMSA's) . .bil. $. New York SMSA. . do

Total 232 SMSA's (except N.Y.) do 6 other leading SMSA' s ... .do . 226 other SMSA's .do

Turnover of demand deposits except interbank and U.S. Govt., annual rates, seasonally adjusted:

Total (233 SMSA's)...............ratio of debits to deposits New York SMSA ... .do

Total 232 SMSA's (except N.Y.). do . 6 other leading SMSA' s do 226 other SMSA1s...... ........ ............. do

SECURITY MARKETS: STOCKS: Prices: Standard § Poor's Corporation: Industrial, public utility, and railroad: Combined index (500 stocks) . . ..... 1941-43=10

Industrial, total (425 stocks) .do Capital goods (116 stocks) .do Consumers' goods (184 stocks) do

Public utility (55 stocks)....................do Railroad (20 stocks)..........................do

Banks: New York City (9 stocks) ....... do Outside New York City (16 sotcks) .do

Property liability insurance (16 stocks)..........do New York Stock Exchange common stock indexes: Composite ................ .12/31/65=50 Industrial...................................... do Transportation do u t i l i t y . ! ! ; ; ; ; ; '.do Finance do,

1974

Dec.

r/ Revised. USCOMM-DC—31,294

22,192.4 9 ,931.8

12,260.6 5 ,152.7 7,107.9

128.0 312.8

86.6 131.8

69 .3

67.07 74.80 74.06 62.51 32.85 34.81

44.43 65.05 81.06

35.41 38.32 26.02 26.18 39.27

1975

Jan .

21,853.9 10,157.8 11,696.0

4 ,868.4 6 ,827.7

127.1 321.8

83.3 125.4

67 .3

72.56 80.50 77.10 67.91 38.19 37.31

50.58 73.52 81.68

38.56 41.29 28.12 29.55 44.85

Oct .

r24 ,137 .1 11,801.5 12,336.6

4 ,921 .3 r 7 , 4 1 4 . 3

134.0 364.0

83.5 118.7

69.8

88.57 99.29 95.77 83.07 42.59 36.92

44.84 79.21 88.23

46.87 52.26 30.79 31.87 44.36

Nov.

r24 ,067 .7 11,529.9

r l 2 , 5 3 7 . 8 4 ,937 .3

r 7 , 6 0 0 . 5

134.0 360.8

84.9 119.5

71.5

90.07 100.86 97.35 88.01 43.77 37.81

45.56 80.01 92.70

47.64 52.91 32.09 32.99 45.10

Dec.

23,614.1 10,970.9 12,643.2

4 ,948.4 7,694.8

131.2 351.8

85.0 118.7

71.8

1976

J a n .

88.70 99.31 96.41 85.66 43.25 37.07

44.87 77.73 93.75

46.78 51.89 31.61 32.75 43.86

96.86 108.45 108.41 91.03 46.99 41.42

48.69 85.40 97.83

51.31 57.00 35.78 35.23 48.83

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