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N a t io n a l E c o n o m i
O c to b e r 1984
P r e l i m
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2-84

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3-64

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4 .9

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4 .5

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4 .5

4 .5

5 .2

4 .6

4 .7

5 .7

2 .9

4 .3

4 .3

4 .8

4 .3

4 .3

4 .8

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5 .3

5 .6

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4-84

4 .5

4 .7

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5-84

4 .9

5 .1

5 .3

5 .5

4 .9

4 .8

6-84

4 .9

5 .1

5 .3

5 .5

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4 .3

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4 .5

4 .1

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3 .5

3 .7

3 .9

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1 .9

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3 .0

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1-84

2-84

3-84

4-64

5-84

6-84

7-84

8-84

5 .1

7-64

4 .4

4 .6

4 .6

4 .8

8-64

3 .9

4 .0

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9-64

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7-83

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P A Y R O L L EM PLO YM EN T
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TFRMTNAI
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I N I T I A L MONTH
P - P R E L IM IN A R Y




P R E PA R E D BY F E D E R A L R E S E R V E BANK OF S T .
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2

L O U IS

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OF

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SOURCE:
PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PER IO D S
LATEST DATA PLOTTED:

IONS

OF

SCA LE

P ER S O N S

U . S.DEPARTMENT OF LABOR

INDICATED.

SEPTEMBER PR ELIM IN A R Y
PREPARED BY FEDERAL RESERVE BANK OF ST.

UNEMPLOYMENT
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7 . 0

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1 97 8

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1981

198 2
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PERCENT OF C IV IL IA N
LATEST DATA PLOTTED:

U .S .

1 983

1984

DEPARTMENT OF LABOR

LABOR FORCE
SEPTEMBER
P R E P A R E D BY F E D E R A L

3

RESERVE

BAN K OF

ST.

LO U IS

CONSUMER P R IC E IND EX FO R A L L URBAN CO NSUM ERS, S E A S O N A L L Y A D JU ST E D
_____________________ COMPOUNDED ANNUAL R A T E S OF CHANGE_____________________
T E R M IN A L ________________________________________________________________________________I N I T I A L MONTH___________________________________________________________________________ _____ 1 9 6 1 * 1 0 0 .
MONTH
7-94
2- 8 3
3-83
6-83
7-83
8-83
4-83
9 -8 3 10-83 11-83 12-83
1-84
2-84
3-84
4-84
5-84
6- 84
9 - 94
5- 83
3-83

0
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4-83

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8 .5

2 9 3 .7
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5-83

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6-83

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8-83

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12-83

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11-83

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4 .6

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2-84

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5-83

6-83

7-83

8-83

9-83

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1 1-83

12-83

1-84

2-84

3-84

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P R I C E I N D E X , F I N I S H E D GOODS - S E A S O N A L L Y
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1 .9

1 .2

0
.0

2 9 5 .2
2 9 6 .3
2 9 6 .6

1 .3

2
.0

2 .4

2 .7

2 *7

2 .4

2 .8

2 .4

2
.1
0
.6
1
.1
2
.6

2 .8

4 .7

7 .3

2-84

2 .3

2
.6

2 .9

?• *

2 .6

3 .0

2 .7

3 .0

3 .3

4 .7

6
.0

4 .7

3-84

2 .5

2 .8

3 .1

3 .1

2 .9

3 .3

3 .1

3 .4

3 .6

4 .8

5 .7

4 .9

5 .1

*
1
0
0
*

7-83

2 .3

2
.6

2 .9

2t8

2 .6

2 .9

2 .7

2 .9

3 .0

3 .8

4 .2

3 .2

2 .5

5-84

2 .1

2 .3

2 .5

? *5

2 .3

2 .5

2 .2

2 .4

2 .4

2 .9

3 .1

1-94

.

L O U IS

A D JU S T E D *

MONTH

11-93

BANK

2 8 3 .4

3-83
4-83

.

9-83

8-84

7-84

MONTH

P R E P A R E D BY F E D E R A L
O C TO BER 2 4 , 1 9 8 4

2-83

3 1 1 .0

_ 4_*2

2 .7

2 tQ

2 9 7 .1
- 0 .8
0 .6

2 9 6 .9

2
.1

2 9 7 .4
2 9 9 .1
2 9 0 .2
2 9 1 .4
0 .0

2 9 1 .4

2 .3

2 .4

2 .4

2 .2

2 .4

2 .1

2 .2

2 .3

2 .7

2 .8

7-84

2
.0
2
.1

2 .3

2 .5

2 .4

2 .3

2 .5

2 .3

2 .3

2 .4

2 .8

2 .9

2 1
.1 .2
1 .9
1
.2
2 1 .7
.2

0 .8

1 .1

2 .3

3 .3

8-84

1 .9

2
.1

2 .3

2 .2

2
.0

2 .2

2 .0

2
.0

2 .0

2 .3

2 .4

1 .7

1 .2

0 .4

0 .5

1 .1

1 .0

- 1 .2

9-84

1 .7

1 .9

2
.0

1 .9

1 .7

1 .9

1 .6

1 .7

1 .6

1 .9

1 .9

1
.2

0 .7

0 .0

0 .0

0 .3

0 .0

- 1 .6

2 .0

2-83

3- 8 3

5-83

6-93

7-93

9-93

9-93

10-93

11-93

2-94

3-94

4-94

*-84

6-94

7-94

9- 9 4

6-84

♦DATA FO R FO U R

41 8 3
—

MONTHS . AGO R E V I S E O




TO R E F L E C T

LATE

IN IT IA L
R E P O R T IN G

12-93

1- 8 4

- 0 .6

- 1 .2

0 .0

0 .0

1
.2

2 9 1 .1
2 9 1 .4
2 9 2 .2
2 9 1 .9
2 9 1 .4

MONTH

P A É P a AÉD B Y F Ë O Ë R A L
OCTO BER 1 2 , 1 9 6 4

4

RESERVE

BANK Ô F S T .

L O U IS




RATIO

SCALE

P R I C E S

1967-100

SEASONALLY ADJUSTED

RATIO

SCALE

1967-100

CONSUMER PRICE INDEX BECINHINC JANUARY 1978 I S FOR ALL URBAN CONSUMERS ( C M - U ) .
c r I-U DATA BE6IWNIN« 1983 INCORPORATE A RENTAL EQUIVALENCE MEASURE FOR HOMEOWNERSHIP COSTS.
PERCENTAGES ARE ANNUAL RATES OF CHANCE FOR PERIODS I NO ICATED.
LATEST DATA PLOTTED:

SEPTEMBER

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ra tio

sc a le

P R ODU CE R

1967-100

PRICES

SEASO NALLY AD JUSTED

R A T IO

SC AL E

1967-100

PERCENT ACES ARE AMWAL RATES OF CHANCE FOR PERIODS INDICATED.
LATEST DATA PLOTTtO.

SEPTEMBER

PREPARED I Y FE tt RAL RES£RV£ BANK Of ST. ItHMS

5

PRODUCER P R I C E IN D E X , F I N I S H E D CONSUMER FOODS - S E A S O N A L L Y A D JU S T E D *
____________________COMPOUNDED ANN U A L R A T E S OF CHANGE__________________________
IN IT IA L

TFRM TNAI
MONTH
? - ft3

■*-fi3

4—
A3

6 - fl3

5-ft3

7-83

8-83

9-83

10-83

196 7 -

MONTH

11-83

12-83

1-84

2-84

3-84

4-84

5-84

6-84

7-84

00
-

2 6 1 .1

4 _7
-

9 .A

1 .4

5-83

LQO

8-84

2
.1

A - A “*

— -7
0

- 0 .9

7-83

- L .6

- 2 .1

2< > 3 .L

— .f t
5

260 *5

- ¿ .7

- 5 .7
- 3 .3

8-83

2 6 2 .0

- 4 .9

Q -fl3

0-7

0
.8

lO - f l^

? .1

7 .4

1 .3

- 0 .9

1-A 3
1

1
-4

1
.6

0 .5

17-A 3

? -?

7 .4

1 .5

^ _ 2 £ 9 ^ ______

- 5 .4

2 6 0 .2

- 0 .7

4 .2

2 .5

6 .7

5 .0

8 1 .1
.8 1

3 .2

- 2 .7

5 .4

0
.1
2
.6
1 .5

2 6 2 .1

9 .1

2 6 4 .8

1 3 .1
4 .2

5 .8

2 6 3 .9

- 4 .0

4—
fl4

4 .4

4 .7

4 .3

6 6 5 .8 2 .3 9 .0
.1 .6
2 2 2 2
6 8 1 0 . 7 1 .0 1 .8 1 .6 2 .0 3 6 . 6
.2 .2
6 .4
8 1 0 .3 1 1 . 3 1 1 . 7 1 1 . 4 1 7 . 1 2 1 . 3 7 . 7
.2
.6
6 8 1 .1 1 0 . 9 1 .2 1 .8 1 4 . 9 1 6 * 9 82 8
.6 .2 0
1 0
*
5 .2
6 .4
7 .8
8 .3
8 7 .4 9 *8 1* 2 * 4 - 0 *2
.2
00

5-84

3 .1

3 .4

2 .9

3 .6

4 .6

5 .6

5 .8

5 .4

4 .3

5*8

5 .1

- 1 .5

- 4 .4

-10*4

-12*4

2 .9

3 .8

4 .6

4 .7

4 .2

3 *1

4*2

3 *4

- 2 *2

- 4 .5

- 8 .5

—6
8
.

3 .9

4 .8

5 .7

5 .8

5*5

4 *7

5 *9

5 *4

- 0 .3

- 2 .5

- 0 .4

6
.1

1ft*
-

4 .9

5 .4

?- A 4

5*1

5 .6

5 .2

3 - fl4

5 .4

5 .9

5 .5

4 .9

3 .3

2 .5

2 6 5 .8

4 .1

10
*
0
.6

2 7 2 .8
2 7 4 .5
2 7 6 .4
2 7 4 .4

- 8 *3

2 7 1 .4
2 7 0 .3

- 4 .8

2 7 4 .1

1 8 .2

7-84

3 .5

3 .7

8-84

3 .2

3 .4

3 .0

3 *6

4 .3

5 .1

5 .2

4 .8

4 .0

5 *0

4 .5

- 0 .6

- 2 .3

- 0 .8

3 .4

7 .8

- 1 .7

9-84

2 .7

2 .9

2 .5

3 .0

3 *7

4*3

4 *4

4 .0

3*2

3 *9

3 .4

- 0 .2

- 1 .2

- 2 .8

- 1 .7

1
.2

3 .3

- 3 .5

- 5 .1

2-83

3-83

4-83

5-83

6-83

7-83

8-83

9-83

10-83

11-83

12-83

1-84

2-84

3-84

4-84

6-84

7-84

8-84

IN IT IA L

5-84

2 7 3 .7
2 7 2 .5

HONTH

PR O D U C ER P R IC E I N D E X , F I N I S H E D G O O D S, E X C L U D IN G FOOOS - S E A S O N A L L Y A D JU S T E D *
_______________________________ COMPOUNDED A N N U A L R A JE S ^ Q F .¿M A N G E ______________________________ _ ___ _
T FR M T N A I _____________________________________________________________ IN I T IA L ffflMTH______________________________________________________________
MONTH
7-A 3
4 - A3
5-A3
1-84
2-84
¿- A 3
7-83
8-83
9—ft3 10 -8 3 1 1 -8 3 12-8 3
4-84
5-84
6-84
7-84
8-84

LSfeJ.« JLQQ.

2 8 8 .7

3-83
A-A3

- ^ .3

0
.1

28 7 **

7 -ft 3

1 .3

6
.0

3 .7

5-83

7 .3

_2 »Z-

2 8 9 .3
ft./1
»

2 9 1 .3
_

____ 5 L . 5

2

2 9 1 *8

^

3 .4

8-83

5-84

7-84

1
.6

1 .9

8-84

1 *9

1 *7

9-84

1 .3

1 .5

2-83

3-83

10-83
11-83
12-83
1-84
2-84

2 9 2 *8

4 .2

18
.
1
.0
1
.0
0
.8
0
.6

2 ? .7 4-0 3 .5
.0
1 2 3 .1 2 .5
.6 .1
1 .5
2 2 2
.0 .8 .2
1 .3
1 .7
2 .4
1
.8
1 1 .5 2 1
.2
.0 .6
1 .3
1 .7
2 1
.2 .8
1 2 .3 2
.8
1 .5
.0
2 .4
2
.1
1 .7
1 .9
1 .7
2 2 .4 2
.0
.1

9-83

1 .7

- 0 .8

2 9 2 *6

0 .7

- 1 .0

- 1 .2

0 .7

- 0 .4

- 0 .2

0 .5

- 0 .4

- 0 .3

0 .3

- 0 .4

- 0 .3

2 9 2 *3

0
.8
0 - 0 .4
.2
0 - 0 .4
.0
0 0
.8 .8

2 9 2 *5
2 9 2 *4

1 .4
0 0 0 .4
.8 .2
1 1 0 . 7 1 1 . 4 1 . 5 22
.2 .1
.0
*
1 .4
1 .4
1 1 .3 1 .7 1 .9
.0
1 .5
1 .5
1 1 . 4 1 20
.2
.8 *

0 .9

2 9 2 .3

- 0*4

2 9 3 .1

3*3

2 9 4 .0

» D A T A FO R

FO U R

3*7

3*5

3 *5

3 *3

2 *5

3 *2

3 *2

2 *9

2 *5

3 t?

3 .0

2*9

3 .3

1 .5

1
.0

- 1 .2

0 .9

0 .4

- 1 .0

- 0 .8

0 .5

0
.0

- 1 .1

- 1 .0

- 1 .2

6-84

7-84

8-84

2
.0
2 .3
*
16 11 21
*
2 2 1 . 5 _L*4_ 12
.2 .0
*
*
1 .7
2 1 1 .4
.0 .8
10 12
*
2 18
.0 *
12
*
.6
.0
*
1 16 11 11 08 10 12 12 1 . 4 1 1 . 3 1
.8 *
*
*
*
*
*
.

_

4-83

5-83

6-83

AGO R E Y I S E D

2 .5

1 *4

1 *3

MONTHS




3 .5

2 *5

3 ,2

3-84
4-84

1 *4

7-83

TQ R E F L E C T

8-83

LA T E

9-83

10 - 8 3

1 *5

12-83

11-83

IN IT IA L
R E P O R T IN G

1-84

2-84

3-84

2 9 4 .8

4-84

2 9 5 .4

5-84

2 9 6 .2
2 9 5 .9
2 9 5 .7
2 9 5 .4

MONTH

P R E PA R E D B Y F E D E R A L
O CTO BER 1 2 , 1 9 8 4

6

RESERVE

BANK OF S T .

L O U IS

INDUSTRIAL
R A T IO

PRODUCTION

S C A LE

R A T IO

1 97 6

SC A LE

SEASONALLY AOJUSTEO

1 9 6 7 - 1 0 0

1977

197 8

1 9 7 9

1 98 0

1981

PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PER IO D S
LATEST DATA PLOTTEDt

1 9 6 7 - 1 0 0

1982

198 3

198 4

IN D ICATED .

SEPTEMBER PR ELIM IN A R Y
PREPARED BY FEDERAL RESER VE BANK OF ST.

LO U IS

IN D U S T R I A L PR O D U C T IO N
CO HPOUND EO A N N U A L R A T E S OP CH AN GE
TERM IN A L
MONTH

IN IT IA L
2- 8 3

3-83

4-63

5-83

6-83

7-83

8-83

9-83

MONTH

10-83

1 96 7

11-83

12-83

1-84

2-84

3-84

4-84

5-84

'

6-84

100
7-84

8-84
1 4 0 .0

3-83

1 7 .8

4-83

2 .2
1

2 4 .7

5-83

1 9 .5

2 0 .4

1 6 .2

6-83

1 9 .1

1 9 .6

1 7 .1

8-83

2*
08

2 1 .4

1 4 2 .6
1 4 4 .4
1 4 6 .4

1 7 .9

1 4 9 .7

9-83

2 0 .3

2 0 .7

2 .6 2 * 2 4 . 3
0 21
1 9 .9
2 * 2 .8
08 1

1 5 1 .8

1 8 .2
17*6

1 3 .3

1 5 3 .8

1 7 .0

1 5 5 .0

10-03

18*9

19*1

1 8 *1

1 8 .5

1 8 .7

1 4 .9

11-83

1 6 .9

1 6 .8

1 5 .7

15*7

1 5 .2

1 .6
1

9 .5

6
.0

2 .3

12-83

1 5 .9

1 5 .7

1 4 .6

1 4 .4

1 3 .8

1 0 .7

9 .0

6 .4

4 *7

7 .2

1-84

1 6 .2

1 6 .1

1 5 .1

1 5 .0

1 4 .6

9 .5

9 *3

1 3 .0

1 9 .2

2-84

1 5 .9

1 5 .7

1 4 .8

1 4 .7

1 4 .3

9 .9

1 .0
0

12*7

1 5 .5

1 .0
2
9 .0

6 .2

1 6 0 .8

9 ,4

8 *1

1 0 . 1_________________________________________________________ 1 6 2 .1

3-84
4-84

L 5 .U

1 4 .9

- 1 4 .0

13*8

1 4 , 7 ___ 1 4 * ? ___ 1 3 . 7

1 3 .4

____ 1 ^ 1 ___ ________ 1 2 * 0 ___ 1 2 * 7

- 1 3 *3
13*0
1 2 .3

1 .1 1 0 . 9
2
1 .1 1 .1
2 1

9 .8

11*3

10*4

9*3

11*2

10*3

9*4

1 0 * 6 _____ 2 ^ 5 ____ 8 * 9

6 - 8 _________ 4 ____________ 1 4 * 2 ________ 1 3 * 7 ________ l l ± Q

9 .JL

1*
10

12*3

9 .4

1 0 ,8

11*8

8 *8

1 2 * 7 ________ 1 2 , 3
10 t 2 _____ 9 * ?

1 5 6 .2

9 *9

10*4

1 5 8 ,5
1 6 0 .0

8 * 4 _____ I j t l ____ L t Z ____ ____________________________________________________1 6 ? . 3_.

1 0 * 8 _____________ 1 0 * 0

9 *3

9 * 2 1 0 , 3 1 0 * 8 ____________ 9 * 2

7 - 8 ______ 4 L3 jl 8_1 3 * 6 - 1 2 » ?

12*6

12*2

9 *?

10*4

10*9

8-84

1 3 ,1

12*8

12*1

11*9

11*4

10*1

9*4

8 *8

8 ,7

9 ,4

9 ,7

8 ,4

7 ,8

8 ,1

7 ,6

8 .4

6 ,4

9-84

1 1 ,9

1 1 ,6

10*9

1 0 ,6

10*1

8 *8

8*1

7 *3

7 ,1

7 ,6

7 ,7

6 ,3

5 ,5

5 ,4

4 ,5

4 ,3

1 ,7

2-83

3-83

4-83

5-83

7-83

8-83

1-84

2-84

3-84

4-84

5-84

6-84

6-83

1 0 .8

1 5 5 .3

9-83

10-83

11-83

IN IT IA L
P-

12-83

9 * 6 _____ £±1_____2 * 8 _____9 , 7

8*5

9 ,3

8 ,8

U t ? ____________________________ 16 >f 2__
1 , 5 ___________________ 1 6 6 , I P
- 2 ,9

7-84

- 7 ,0

1 6 S .1 P

8-84

HONTH

P R E L IM IN A R Y




P R E P A R E D BY F E D E R A L R E S E R V E
O CTO B ER 16» 1 9 8 4

7

BANK O f S T . L O U IS

1 2 * 5 _1 6 4 .4 _

PERSONAL
R A T 10

S C A L E

TR I LLIO N S

MONTHLY

OF

DOLLARS

TOTALS

I N C O ME
AT

SEASONALLY

ANNUAL

RATES

ADJUSTED

R A T IO
T R ILLIO N S

OF

S C A LE

DOLLARS
3 . 3
3 .2
1
0

9
8

7
6

5
4
3
2
1
0

.9
.8
1

. 7

I .

.6

I .

. 5

I .

. 4

I .

.3

I .

. 2

1 .

197 6

1977

1 9 7 8

1 97 9

1980

1981

1982

SOURCE:
PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PERIO D S
LATEST DATA PLOTTED:

U .S .

198 3

1984

DEPARTMENT OF COMMERCE

INDICATED.

SEPTEM BER PR ELIM IN A R Y
PREPARED BY FEDERAL RESERVE BANK OF ST.

LO U IS

P E R S O N A L IN CO M E
COMPOUNDED AN N UAL R A T E S OF CHANGE
B IL L IO N S

OF

1 M II1 A L MQMTH
AN NUAL R A T E S
_ 2.-83___ 3 - S 3 ___ ^-J3L3___ 5 - 8 3 ___ _________ 7 - 8 3

8 - 8 3 ___ 9 - 8 3

10r_83 1 1 - 3 3

1 2 - 8 3 ___ l r 8 4

2 - 8 4 ___ 3 ~ 84

4 ~ 8 4 ___ 5 - 8 4 ___ fa-84___ I n S A ___ 8 ~ 8 4

3-B3

7 . Q ________________________________________________________________________________________________________________________________________________________________________________________________

2 *fa 2 1 *8

4 —8 3

Q . 5____1 0 * 0

_2ifa.93.2_

5-83.
6-83

-7 —
83
-8-83

9 . 0 ______________ 9 . 5 ____8 . 5

a . l ____ & .A

10-83
-11-£3

9 .0

12— 3
A

2 ,7 4 4 .9

. ¿ i 7 ? ? ,9

9 .2

¿> 7 8 5 .Q

2 , 8 1 4> 9

.9 * 0 ____ 2 * 1 ___ LO*fa___ 1 2 . fa___ 1 3 * 7

2 ,8 3 4 .2

9 . 3 _____â * l _____ 8 * 2 ____ 2 * 0 ___ 1 0 *1 ___ 1 1 . 2___ L L * 1 _
9 .5 -

9 .5 ____2^3____2*4_ 1Q.4_ 11*3___11*3___ 10*1___11.71
_
_

1 0 . 3 ___ 1 0 *3 ___ 1 0 . 3

1 2 . 0 ___ 1 3 . 2

_ 2 * 8 ___ l û * l ___ 1 0 *1 ___ 1 0 * 0 ___ 1 0 * 2 ___ 1 0 * 9

1 1 . 5 ___ 1 1 . 5

1 1 . 1 ___ 1 1 * 2 ___ 11 >7____ 2 * 3 _

1 .0 1 .2 1 .2 1 .2
0 0 0 0

1 1 .5

9 .8

9 .8

9 .7

9 .7

9 .9

9 .9

9 .8

7-84

9 .6

9 .8

9 .8

9 .7

8-84

9 .5

9 .7

9 .6

9 .6

9-84

9 .6

9 .7

9 .7

9 .7

2-83

3-83

4-83

5-83

1 4 .0

1 1 .4

- ^ 2 x 9 2 3 *5 _ -

2,940.6

1 .6 1 .2 1 .8 1 .8 1 .2 9 . 6 1 .0
1 1 1 1 0
2
1 .6 1 .2 1 0 .5 1 .2 8 . 7 7 . 8 8 4 . 2
0 0
0
.1
9 .8
1 0 .3
1 0 .7
1 .0 1 0 . 4 1 .8 1 0 . 7 1 0 . 4 1 .6 1 0 . 5 9 . 3 8 9 . 3 7 . 9 1 1 . 7
0
0
0
.8
9 .8
1 0 .3
1 .6 1 0 . 5 1 .2 1 0 . 4 1 .2 9 . 1 8 . 7 9 . 1 8 1 .1 8 . 4
0
0
.1 0
0
8 .9
7 .9
8 .5
0
0
8 .7
9 .7
1 .1 1 0 . 3 1 .2 9 . 9 1 .0 9 . 8
0
9 .2
8
.0
9 .1
8 9 .1 8 .5 9 .6 8 .9
.8
9 .7
1 .1 1 0 . 4 1 0 . 3 1 . Q
0
£
9 .9
1 0 .4

1 1 .0

1 0 .1

6-83

0
0

9 .6

1 1 .4

'A

5-84

1 0 .6

2 , 89 7 .4

1 2 . 2 ___ 1 2 . 4

6-84

8-83

9-83

10-83

11-83

IN IT IA L

P-

¿> 8 6 0 .4

— . 9 ___ 1 0 * 2 ___ 1 0 *2 ___ I Q . 2___ 1 0 . 4 ___ L U A ___ 1 2 . 4 ___ 1 2 , fa___ 1 2 *2 ___ 1 4 *1 ___ 1 6 * X _
9

-2.^84____ 1 0 . 0

4-84

7 .9

8 . 4 _____2 * 8 _____2 * à _____Î * 1 ___ L I . 5
9 .1

-3.-84

2 ,7 3 4 .4 .

J T * 2 _____ 0 * 1 _____ 1 * 6 _____ 6 * 2 _____ __________ f u 5 _

.9 - 8 3

.1-84

2 i7 1 ?« 8

___ 1 0*2 ___ I Q . ?

12-83

1-84

2-84

3-84

4-04

5-84

6 —8 4

2 * 9 6 8 .5
2 .9 7 8 .8
3 .0 0 6 .5
3 .0 2 6 .8
7 .5

3 .0 4 5 .1

9 .1

1 0 .7

7-84

8-84

3 ,0 7 1 .IP

MONTH

P R E L IM IN A R Y




P R E PA R E D BY F E O E R A L R E S E R V E
OCTOBER 1 8 , 1 9 B 4

8

BANK OF S T .

L O U IS

RETAIL SALES
R A T IO

R A T IO

S C A L E

B I L L I O N S

OF

1 9 7 6

SEA SO N A LLY

D O LLA RS

19 77

1 9 7 8

1 9 7 9

A D JU S T E D

1 9 8 0

B I L L I O N S

1981

1 98 2

SOURCEt
PERCENTAGES ARE ANNUAL RATES Of CHANCE FOR PER IO D S
LATEST DATA PLOTTED»

U .S .

1 9 8 3

OF

S C A L E

D O LLA R S

1984

DEPARTMENT OF COtMERCE

IN D ICATED .

AUGUST, SEPTEM BER ADVANCE ESTIM ATE
PREPARED BY FEDERAL RESER V E BANK OF ST .
R E T A IL S A L E S
COMPOUNDED A N N U A L R A T E S

LO U IS

Q F C H AN CE

IN ITIAL M
ONTH

T E RM I N A L
MONTH

H 1 U IC » 1 S 0 F

D O LLA RS
2 - 6 3 ___3 - 6 3 ___ 4 - 8 3 ___ 5 - 6 3 ___6 = 8 3 ___7 ~ 8 3 ___8 - 8 3 ___9 - 8 3

1 0 -0 3

1 1 -8 3

1 2 ^ 0 3 ___ 1 - 0 4

2 - 8 4 ___3 ~8 4

_ * r_ 8 4 ___5 ~ 8 4 ___________ I r 8 4 ___

3 - 8 3 _____2 2 . 8

9 3 ,8 0 4

4 -8 3

9 5 ,1 2 5

2 0 >5___ 1 8 * 3

30 »2

9 7 ,2 3 9

6 - 8 3 ____ ¿ 2 * 4 ___2 2 * 3

2 4 * 3 ___ 1 8 * 7

9 8 ,6 3 8

7 -0 3____ 18*1___ 17*0

1 6 ,5 ___ 1 0 ,2 ____ £ * A _

9 8 ,8 3 2

5-83____ 23-tJ

¿ 4 *1

v»

—u t v
9 -fi 3

1 4 .0

12.6

1 1 .5

7 .3

3 .7

4 .4

1 6 .5

1 0 -0 3

1 4 .5

1 ^ .4

12.6

9 .3

7 .1

8 .7

1 7 .3

10.1

1 1 —8 3

1 4 .2

1 3 .2

1 2 .5

9 .0

0.1

9 .6

1 5 .6

1 5 .1

9 9 ,5 3 7
1 0 0 ,9 2 3

12.2

1 0 1 ,8 9 6

1 3 .5

12*5

ll. f i

9 .3

7 .9

9 .0

1 3 .2

12.2

9 .4

1 —8 4

1 7 .1

1 6 .6

1 6 .4

1 4 .8

1 4 .2

1 6 .3

2 1 .5

22.8

2 4 .5

3 1 .1

6 1 .3

2 -8 4

1 4 .4

1 3 .7

1 3 .2

1 1 .5

10.6

1 1 .0

1 5 .2

1 4 .9

1 4 .2

1 4 .0

19*2

-1 1 .9

10.1

11.6

1 0 .7

1 4 .1

1 3 .4

5 -0 4

1 3 .7

1 3 .1

6 -0 4

1 3 .6

7 -8 4
0 -0 4
9 -0 4

6.6

1 0 2 ,4 3 8
1 0 6 ,6 0 2
1 0 5 ,4 0 2

7 .1

7 .7

1 0 .0

8 .9

7 .2

5 .9

5 .7

-1 4 .4

-1 6 .0

11.6

1 0 .9

1 1 .9

1 4 .4

1 4 .1

1 3 .5

1 3 .7

1 5 .6

3 .4

12.1

51*0

1 2 .7

1 1 .3

1 0 .7

1 1 .5

1 3 .7

1 3 .4

1 2 .7

12.0

1 4 .1

4 .7

1 0 .9

20*0

0 .5

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12*7

1 1 .4

10.8

1 1 .6

1 3 .6

1 3 .3

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12.0

1 3 .9

6.2

1 1 .3

2 2 .7

10.6

1 2 .7

1 1 .4

1 0 .7

10.2

0 .9

0.2

8 .7

1 0 .2

9 .6

0*7

0 .3

0 .5

1.6

4 .5

1 0 .7

0.2

-4 .3

-

10*3

9*6

9*1

7 .0

7 .1

7 .4

0*7

0.0

7 .0

6 .5

6 .5

0 .3

2 .5

6 .9

-1 .9

-5 .2

-1 3 .0

10*0

10*2

9*7

0*6

7*9

0*3

9 .6

9 .0

0.2

7 .9

0.0

2 .7

5 .0

9 .1

2 .3

2 -0 3

3 -0 3

6 -0 3

T —0 3

0 -0 3

9 -0 3

1 0 -0 3

1 1 -0 3

1 -0 4

2 -8 4

3 -0 4

4 -0 4

o

0.2

1

3 -8 4
4 -0 4

W

1 2 -8 3

4 -0 3

5 -0 3

IN IT IA L

1 2 -0 3

1 0 3 ,8 7 3
1 0 7 ,5 0 5

-

1 0 8 ,2 3 7

0.0
5 -0 4

1 0 9 ,3 2 2

10.0

1 0 7 ,4 4 2
106*808P

-6 .9

-2 .9

6.2

21.0

6 -0 4

7 -0 4

8 -0 4

1 0 8 ,5 2 0 E

M O N TH

P- PRELIM INARY
E- ESTIMATED___




PREPARED 0Y FEDERAL RESERVE BANK OF S T . LOUIS
OCTOBER 12* 1904

9

MOORL Y CO M PENSATIO N» B U S I N E S S SECTO R
COMPOUNDED ANNUAL R A T E S OF CHANGE

1
C
D
W

T E R M IN A L ______________________ _________________________________________________________ I N I T I A L Q U A R T E R ______________________________________________________________________________ 1 9 7 7 « 100
Q UARTER
1-84
2-84
3-83
4-83
4-80
1-83
2-8 1
1-82
2-82
3 -8 2
1 -8 1
3 -01
4-82
4-81
1-00
4-7?
2-80
3-80
1 2 6 .2

1-90

1 2 ,3

2-60

1 2 ,1

1 1 ,9

3-80

1 1 ,1

1 0 .6

9 ,2

4-80

1 0 .7

1 0 .2

9 *3

9 .4

____ 1 - 81____ 1 0 . 7

1 2 9 ,8
1 3 2 ,7
1 3 5 ,7
1 3 9 .2

1 0 .3

9 ,8

1 0 .0

1 0 ,7

2-81

1 0 .1

9 .7

9 .2

9 .1

9 .0

7 ,4

3- 9 1

1 0 ,1

9 .8

9 .3

9 .3

9 .3

8 ,7

4-81

9 .7

9 .4

8 .9

8 .9

8 .8

8 ,1

8 .5

7 ,1

1-02

9 .8

9 .5

9 .2

9 ,2

9 .2

8 ,8

9 .2

8 ,9

1 0 ,7

2-82

9 .5

9 .2

8 ,9

8 ,8

8 .8

8 ,4

8 .6

8 ,2

8 ,7

1 4 1 .7
1 4 5 .1

9 .9

1 4 7 .6
1 5 1 ,4
6 ,8

1 5 3 ,9
1 5 6 ,7

8 .4

8 ,0

8 ,3

7 ,1

7 ,5

7 .7

7 ,3

7 ,3

6 ,2

5 ,9

4 ,4

7 ,3

7 .3

6 ,8

6 ,8

5 ,8

5 ,5

4 ,5

4 ,6

7 .1

6 ,7

6 .6

6 ,1

6 ,0

5 ,0

4 ,6

3 ,7

3 ,3

2 ,0

9 .0

8 ,7

8 ,7

8 .6

8 .6

8 .3

8 ,2

8 ,0

1-83

8 .6

8 .3

8 .0

7 .8

7 ,7

2-83

8 .1

7 .8

7 ,4

7 .3

8 ,2
«
P*

9 .3
8 .9

1

3-82
4-82

1 5 8 ,4
1 6 0 ,2
1 6 1 .0
1 6 1 .8

3-83

7 .7

7 .4

7 ,0

6 .8

6 .6

6 ,2

6 .1

5 ,6

5 ,4

4 ,5

4 ,1

3 ,3

2 ,9

2 ,0

2 ,0

4-83

7 .6

7 .3

6 ,9

6 .8

6 .6

6 ,2

6 .1

5 ,6

5 ,5

4 ,7

4 .4

3 ,8

3 ,7

3 ,3

4 ,0

6 ,1

1-84

7 .5

7 .2

6 ,9

6 ,7

6 .5

6 ,2

6 .1

5 ,7

5 ,6

4 ,9

4 ,7

4 ,2

4 ,2

4 ,1

4 ,7

6 ,1

6 ,2

2-84

7 .2

6 ,9

6 ,6

6 ,4

6 .2

5 ,9

5 .7

5 ,4

5 ,2

4 ,6

4 ,3

3 ,9

3 ,8

3 ,6

4 ,0

4 ,7

4 ,1

1 .9

3-84

7 .0

6 ,7

6 ,5

6 ,3

6 ,1

5 ,8

5 .6

5 .3

5 ,1

4 ,6

4 ,3

3 ,9

3 ,9

3 ,8

4 ,1

4 .6

4 ,2

3 ,1

4 ,4

4-79

1-80

2-80

3-80

4-80

1-81

2- 8 1

3 - 81

4-81

1-82

2-82

3-82

4-82

1-83

2-83

3-03

4-83

1- 8 4

2-84

1 6 4 .2
1 6 6 .7
1 6 7 .5
1 6 9 .3P

INITIAI QUARTER
P-

P R E L IM IN A R Y

O U T PU T P E R HOUR O F A L L P E R S O N S » B U S I N E S S S EC T O R
___________ COMPOUNDED AN N UAL R A T E S O F CHANGE___________
IN IT IA L
4-79
1-80
2-80

20
-0

3-80

- 0 ,0

0
,0
0
.2

1 - 81

1 ,4

— ,6
0
- 0 ,1
1 ,4

2 ,9

3 ,5

0
,6
0
.0

0 ,9
0 ,5
0 ,7

1 ,4

1 ,4

3 .3

3-83

4-83

1-84

2-84

2
,0

1 ,3

- 0 ,3
0 ,4

0 ,4

- 1 ,2

- 0 ,2

- 0 ,3

- 1 .6

■1,1

0 ,3

1 ,4

3-03

1 ,5

1 ,5

1 ,5

1 ,5

1 1
,0 ,0
1 1
,0 ,0

1 ,9
1 ,9

,0
1 1 1 ,9 1 ,9 2
,6 ,6
1 1 2 2 2
,8 ,8 ,1 ,1 ,2
1 1 2 2 2
,8 ,8 ,1 ,1 ,2
4-79

1-80

2é ô
-

3-80

4-80

1 ,5
1 ,5
1 ,7
1 ,9
1 ,9

1 -81

- 0 ,6

0 ,7

0
.1

0 ,9

0 ,5

1 ,5

0 - 2 ,4
,0
0 0
,0 ,0
1 ,3

0 ,9

1 ,5

1 ,3

1
,6
1
,6
1
,0
2
,1
2
,1
2 - 81

1 2 2
,2 ,2 ,1
1 ,4
2 ,3
2
,2
1 ,4
2 2
,2 ,1
1 2 ,4 2 ,4
.6
1 ,9
2 2
.6 ,6
1 .9
2 2
,6 ,6
3-81

4-81

1 - 82

IN IT IA L

1 0 0 ,3
2 ,4

1 0 0 ,9

2 2
,6 ,8
2 ,5
2
,6

11
0 ,6
12
0 ,2

I
1 <
*
>
•

1
,0

0
,2

1 0 0 ,9

2 ,4

1

1 ,4

1 ,7

1 ,3

1 0 0 ,3

— ,6
4

1 ,5

1 ,4

1 ,4

— ,6
0

0 ,9

1 ,7

0 ,9

1 0 1 ,5

3 ,6

1 0 ,9
,0
1 1
,1 ,1
1 ,3
1
,2
1 ,4

0 .9

10
0 ,6

0 ,4

3 .4

1 1
.0 ,0

3-84

2-83

9 9 ,0

1 ,4

2-84

1-83

1 0 0 ,5

1-83

1-04

4-82

6
.2

2-83

4-83

3-82

9 8 .8

0
,6
0
,8

4-82

2-82

1
,6
1 0
,2 ,0

0 ,9

3-82

1-82

9 8 .4

1-82
2-82

4-01

- 2 ,8

4-81

3-81

3 - 01

9 9 .1

1 1 2 2 ,4
,2 ,2 ,2
1 1 2 ,5 2 ,7
,6 ,6
0 0 ,7 1 ,3 1
,0
,2

2-81

10 20
-1 - 1

1 97 7 *1 0 0

(Q UARTER

1
,2

4-00

3-00

1-80

*
I
C
D
o

t e r m in a l

Q U A RTER

2 ,4

3 ,6

4 ,0

5 ,6

3 ,2

3 ,4

3 ,6

4 ,2

1 0 3 ,6

2 ,9

3 ,0

3 ,1

3 ,3

2
,1

1 ,5

3 ,0

3 ,1

3 ,2

3 ,4

2 ,7

2 ,7

3 ,9

3 ,3

3 ,4

3 ,5

3 ,7

3 ,3

3 ,5

4 .4

5 ,0

3 ,1

3 ,2

3 ,3

3 ,4

3 ,0

3 .1

3 ,6

3 ,4

1 ,9

2-82

3-82

4-82

1-83

2-83

3-83

4-83

^L-84

2-34

2 ,7

1 0 4 ,3
1 0 4 ,7
1 0 5 ,7
1 0 7 ,0
1 0 7 , 5P

iüU a r t e r

P - P R E L IM IN A R Y




P R E PA R E D B Y F E D E R A L R E S E RVE BANK Uh S T .
O CTO BER 2 9» 1 9 8 4

10

L O U IS

P R O D U C T I V I T Y ,

RATI O SCALE
1977-100

C O M P E N S A T IO N ,

AND

L A B O R

C O S T S

RATI O SCALE
1977 -10 0

SEASONALLY ADJUSTED

SOURCEt O.S.

DEPARTMENT OF LABOR

PERCENT AftES ARE ANNUAL RATES Of CHAMÇE F O PER 100S INDICATED.
H
LATEST DATA PLOTTED. 3RD QUARTER fUELIMINARY
PREPARED BY FEDERAL RESERVE BAN* OF ST.

LOUIS

U N IT L A B O R C O S T S , B U S I N E S S S EC TO R
COMPOUNDED AN NUAL R A T E S O P CHANGE
IN IT IA L

T E R M IN A L
Q UA RTER
4-79
1-80

2-80

3-60

4-80

1 -61

3-61

2 - 61

4-81

1 97 7*10 0

Q UA RTER

1 -82

2-82

3 - 82

4-62

1-63

2-83

3-63

4-63

1-64

2-84
1 2 7 .3

l l . l

2-80

1 3 .0

3-80

U *3

1 3 1 .8

1 4 .9

8
.1
1* 1 0 .4 6 8 . 3
06
.2
9 .3
8 6 6
.8 .8 .2

4-60
_____ 1 ^9 1

8 .9

2-81

4-81

8 .5

1 3 7 .1
1 3 8 .5

4 .1

1 4 0 .9

6 .9

6 .5

5 .6

7 .1

6 .7

6 .3

5 .7

6 .5

5 .8

7 .6

7 .5

7 .3

8 .4

9 .0

1 2 .3

1 .2 8
0
.1

1 4 2 .9
1 4 7 .1

7 .7

7 .6

7 .5

m
•
1 ®

1-82
2-32

1 3 4 .4

1 1 .5

8
.0
9 *4
8 .9
8
.6
8 8
.8 .6
8 *9
8
.6

.

8 .7

7 .9

7 .8

7 .8

8 .5

8 .9

9 .9

8 .7

9 .4

7 .5

7 .4

7 .9

8
.1

8 .7

7 .5

7 .2

1 5 0 .0
1 5 3 .4

ÏS 2

9*5

8 .3

7 .6

4-82

7 .9

7 .6

6 .9

7 .0

7 .2

6
.0

5 .3

3 .3

1
.6

7 .5

7 .2

6 .5

6 6
.8 .6
6
.1

7 .0

1-83

6 .4

6 .4

6 .3

6 .4

5 .2

4 .5

3 .0

1 .9

6 .7

6 .3

5 .6

5 .4

5 .3

5 .0

4 .9

3 .7

2 .9

1 .3

2-83!

.

5 .1

5 .1

4 .9

4 .6

4 .6

4 .4

4 .2

3 .1

5 .1

4 .9

4 .6

4 .6

4*4

4 .2

3 .2

5 .8

5 .5

4 .9

4 .7

4 .4

4 .4

4 .2

4 .0

3 .1

2-64

5 .3

5 .0

4 .4

4 .1

3 .9

3 .8

3 .6

3 .4

2 .5

3 —84

5 *2

4 .9

4 .3

4 .1

3 .8

3 .8

3 .5

3 .3

2 .5

4-79

î^ ë ô

^60

3-60

4-80

P R E L IM IN A R Y




"

0
.1
- 0 .1

1 5 5 .9
2 .3

1 5 6 .8

— .6
0

- 3 .5

- 0 .7

- 2 .2

1 5 5 .4
- 0 .8

0 0
.6 .0 1 . 6
.6
1 1 0 .9 0 2 .0
.6 .0
2 .5
1 0 .4 0 .3 - 0 .2 0 . 7
.0
1 .9
.6
.1
2 1 0 .7 0 0 .3 1
.0 .2
2
.6

1 .5

— 5^51— 4 ^ 8 1 — R T T ^ R

—
P-

0 .9

2 .3

1 5 5 .3

1 5 5 .1
4 .5

1 5 6 .8

1

5 .8
5 .7

_

5 .0

<
0
•
o

6
.1
6
.0

3-8.3
4-83
l
C
D
*•

.

1-80

3=32

*-32

r^ T 3

2= S3

3 .4

2 .3

1 .2

— .4
0

- 3 .0

1 .6

0 .7

- 0 .1

3-«3

4 -8 3

1 5 7 .7

1=& T

1 5 6 .5
2 .8

1 5 7 .6P

2 -6 4

--- INITIAL (JÜWTPR

“

11

PR EPARED BY F E D E R A L R E S E R V E B ANK OF S T . L O UIS
OC T O B E R 29, 1964

GROSS HAT IONAL PROOUCT IN CURREN T D O LLA R S
B IL L IO N S
T E R M IN A L
Q UART»

IN IT IA L
-4—
79

1-80

2— 0
6

1-60

_ 6 .2

3-80

7 .3

5 .2
8 .5

1 .6
2

3—81 . 4 - 61

_ 2 r f l2 . 3 -6 2

1-82

4-62

1-63

2-63

3-63

4-A3

1-64

2-*4

9 .7

9 .3

2B 1
-

0 .9

4-80

1-61

AN N UAL R A T E S

- 1 1 .7

2 —80

4— 0
6

3-80

2 .5 7 2 .9
2 * 5 7 6 .8

1f t l
-

2 .6 3 9 .1
1 5 .5

2 .7 3 6 .0

L 8 .7

_22_*1____

2- a i _ .. io * 8 _

1
I

1 4 .0

1 3 .5

9 .5

1 3 .L

1 1 .3

1 .6
1

1 0 .7

9 .6

.9 * 5

4 * r f ll

- 1 0 .Q

9 .8

L tJ 12...

_ _ a .f i

8 «4 _

2-62

_ 8 .4

8
.0

9 .0

3-62

7 .8

7 .5 .

8
.2

juQ

7 .5

7 .1

7 .8

7 .6

7 .2

2-63

7 .9

7 .6

_ 8 .7

3-84

_ 8 .6

.. 4 . 9

2 .3

2. 2 _

_4»7

4*7

4 .4

2 .4

. 2 .2 _

3 .6

4 .6

4 .3

2 .7

2
.1

3 .7

3 .2

5 .1

4 .9

3 .6

3*8__

4 .9

4 .9

5 .8

5 .8

4 .8

5 *2

6 *3

6 .7

3 * 0 2 7 .9

_L»_1_ “ 0 .2 - .

7 .6

6 .3

6 .3

5 .5

5 .9

8 .5

8 .4

7 .8

6 .6

6 .7

6
.0

6 .5

8 .9

8 .9

8 .4

7 .3

7 *4

6 *9

7*4

9 *0

8
.8

8*5

9 .0

.6^5

1— 0
6

5^1

7 .4

8 8
.2 .1
8
.2
8 .3

8 .5

4-79

5 .0

6
.6
6
.8

7 .6

.8 * 4 ..

_

7 .7

5 *2 .

7 .8

7 . 8 . - I mJ —

2-64

2 .5

7 .1

.1 .0

1-63

1-84

3 .0 0 9 .3

8 .4

8
.8

4-82

8 7 .8
.1
8 8
.2 .0
8 8 .4
.6

2 .9 1 8 .0

1J .
2

Jll.l

3-83

2 .8 7 5 .8

1 2 . 7 . . A L fií.,

3 —8 1

4-83

OF

Q UARTER

2-80

3-80

.

7 t6

1*1

1*2

7 .7

.kt_4

. 7 .5

7 .6

7 .1

7 .6

4-80

1-81

2-81

3-81

4 - 81

3 .0 2 6 .0
3 .0 6 1 .2
2 .5

3 * 0 6 0 .1
3 .9

6
.2
8
.2

3 .1 0 9 .6
8 .5
1 0 .4

3 .1 7 3 .8
1 2 .3

3 .2 6 7 .0

1 .2 1 .1
1 0
1 .0 1 0 . 3 1 .6
1
0
8 .4
8*9
1 * 1 1 . 3 1 .0 1 1 . 9 1 2 . 7 1 4 . 9
00
2
8 9 . 1 1 .1 1 .2 1 1 . 7 1 .6 1 .0 1 .8
.6
0 1
1 2 2
8 .4
8 9 . 6 1 0 .5 1 .8 1 0 . 5 1 .6 1 .6
.8
0 0
0
6 .9

7 .4

8 .7

1 0 .3

3 .3 4 6 * 6

7 .5

7 .9

9 .0

1 0 .4

3 * 4 3 1 .7

1-82

2-82

3-82

4-82

1-63

2-83

3-83

4-63

3 .5 5 3 .3
1 0 .7

3 .6 4 4 .7

8 .5

6 .3

1-64

2-84

3 , 7 0 1 . 2P

IN IT IA L QUARTER
P-

PR E L IH IN A R Y

G R O SS N A T IO N A L PROO UCT IN
___ COMPOUNDED -ANNUAL R A T E S
T ER M THAI
Q UARTER

IN IT IA L
4-T9

1-80

2-60

3-60

4-80

i - fin
?- ftn

- 3 .7

3-80

- 2 .2

- 4 .3
- 1 .6

2 .3
4 .8

6 .8

4-61

B I L L I O N S OF
D O LLARS
AN N UAL R A T E S

Q U A R T ER

1-62

2-82

3-82

4-62

1-63

2-83

3-63

4-83

1-64

2-64

3 .8

1 .1

3 - 81

0 .8

- 0 .8

2-81

- 9 .0

4 - flO

1-81

1 .9

1 97 2 D O L L A R S
QF CHANGE_____

1 0 .0

1 * 4 9 6 .4

1-61

1 * 4 6 1 .4
1 .4 6 4 .2
1 .4 7 7 .9
1 * 5 1 3 .5

2-61

1 .0

0 .8

3 .4

4 .3

4 .6

-0 *5

3-61

1 *3

1 .1

3 .3

4 .0

4 .0

1 .1

1*6

0 .4

0 .2

1 .8

2 .0

1-82

- 0 .2

- 0 .4

0 .9

0 .9

— .2
0

- 0 .5

0 .7

0 .6

0 .1

- 1 .7

3-62

- 0 .3

- 0 .5

0 .5

0 .4

- 0 .0

- 1 .6

4-82

— .2
0

- 0 .4

0 .5

0 .4

0 .0

- 1 .3

3

4-81

1 .5 1 1 * 7
2 .8

1 .5 2 2 .1

- 1 .1

- 1 .4

— *4
5

- 2 *0

- 2 .5

-5 *0

- 4 .1

1 * 5 0 1 .3

- 2 .1

- 3 .6

- 2 .8

- 0 .8

- 1 .8

- 3 .0

- 2 .1

- 0 .9

- 0 .9

- 1 .5

- 2 .3

- 1 .5

- 0 .4

- 0 .2

1 * 4 8 3 .5
1 .4 6 0 .5
1 .4 7 7 .1
1 .4 7 8 .8

0 .5

1-83

0 .0

- 0 .1

0 .7

0 .7

0 .4

- 0 .7

- 0 .8

- 1 .4

- 0 .5

0 .5

0 .9

1 .9

3 .3

2-63

0 .7

_ 0 .6

1 .4

1 .5

1 .3

0 .3

0 .4

0 .1

1 .0

2 .2

3*0

4 .3

6 .3

9 .4

3-83

1 .1

1 .0

1 .8

1 .9

1 .8

1 .0

1*1

0 .9

i.a_

3 .0

3 .7

4 .9

6 .5

8 .1

6 .8

4-63

1 .4

_ 1 .3

2 .1

2 .2

2 .1

1 .4

1 .6

1 .5

2 .4

3 .4

4 .1

5t 1

6 .3

7 .4

6 .4

5 .9

1-64

1 .9

1 .9

2 .6

2 .8

2 .7

2 .1

2 .3

2 .3

3 .2

4 .2

4 .9

6 .0

7 .1

8 .0

7 .6

8 .0

2-84

2 .1

2 .2

2 .9

3 .0

3 .0

2 .5

2 *7

2 .7

3 .6

4 *5

5*2

6*1

7*1

7 .9

7 .5

7 .7

8
.6

7 .1

6 *4

7 .0

6 .5

6 *4

6 .6

4*9

2 .7

4-62

1-83

2-83

3-83

4-63

1-64

2-64

2 .2

2 .2

2 .9

3 .0

3 .0

2 *5

2*7

2 *7

3 *5

4 .3

4 *9

4-79

3-84

5*7

1-80

2-60

3-80

4-80

1-81

2-81

3- 81

4-61

1-82

2-62

3-62

IN IT IA L
P-

1 .4 9 1 .0
1 .5 2 4 .8
1 .5 5 0 .2
1 .5 7 2 .7
1 .6 1 0 .9

1 0 .1

1 .6 2 9 * 8
1*6 49*6 P

Q UARTER

P R E L IM IN A R Y




P R E P A R E D BY F E D E R A L R E S E R V E B A N K O F S T .
O CTO BER 1 9 , 1 9 6 4

12

L O U IS

GROSS N A T I O N A L PRODUCT
RATI O

SCALE

1976

RATI O

QUARTERLY T OT A L S AT ANNUAL RATES

1977

1978

1979

1980

1981
SOURCE:

1982
U. S.

1983

1984

DEPARTMENT OF COMMERCE

PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PERIOOS INDICATED.
L A T E S T DATA PLOTTED»




3RD Q UA R TE R P R E L I M I N A R Y p R E p A R E 0 ^

13

S CALE

RESERVE ^

^

^

GENERAL

PRICE

INDEX*

RATI O SCALE
1972-100

RATIO SCALE
1972-100

17 17 17 17 18 18 18 18 18
96 97 98 99 90 91 92 93 94
•AS USED

IN NATIONAL

INCOME ACCOUNTS

SOURCE:

PERCENTACES ARE ANNUAL RATES OF CHANCE FOR PERIO D S
LATEST DATA PLOTTEDt

U .S .

DEPARTMENT OF COMMERCE

INDICATED.

3RD QUARTER PR ELIM IN A RY
PREPARED BY FEDERAL RESERVE BANK OF ST.

LO U IS

I M P L I C I T P R I C E D E F L A T O R FO R G R O S S N A T I O N A L P R O O U C T
_______________________________________________________________________________________ C O M P O U N D E D A N N U A L R A T E S O F C H A N G E ___________________________ _______
T E R M I N A L __________________________ ______________________________________________________________ I N I T I A L

_________________ ______ „ ___________________

Q U A R T E R ______________________________________________________________________________________ 1 5 2 2 _ E _

QUARTER
4 -7 9

i-a o

2 -8 0

3 -8 0

4 -8 0

1 -8 1

2 -8 1

1-R O
2 -ftO

1 0 .3
9 .8

9 .9

8 .8

4 -8 0

10*2

1 0 .4

1 0 .1

9 .6

8 .7

9 .5

9*7

9*2

8 .3

2 -8 2

3 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -8 4

6*5

9 .8

1-Û 2

1 1 .3

9 j l 7 _____ 9 * 4

4 -8 1

1 0 .9

3 -B O

3 -8 1

9 .6

1 0 .0

______ j L ^ a i
2 -8 1

1 7 1.9 4
176*46
1 8 0 .2 4
1 8 5.1 3

LO . 3

.
.

______________________

...

.

.

__________ _______ _ ________________

__________ __________ __________ __________
19 3.0 3

3— 8 1

9 .7

4 -8 1

9 .6

9 .5

9 .3

9 .4

8 .9

8 .3

9 .2

8 .3

1 -8 2

9 .0

8 .9

8 .6

8 .6

8 .1

7 .4

7 .6

6 .5

4 .6

2 -8 2

8 .6

8*5

8 .2

8 .2

7 .6

7 .0

7 .1

6 .2

5 .1

197*70
201*69
2 0 3 .9 8
5 .6

2 0 6 .7 7

3 -8 2

8 .2

8*0

7 .7

7*6

7 .0

6 .4

6 .4

5 .5

4 .5

4 .5

3 .4

4 -8 2

7 .8

7*6

7 .3

7 .L

6 .6

6 .0

5 .9

5 .1

4 .3

4 .1

3 .4

3 .4

1 -8 3

7 .5

7 .4

7 .1

6 .9

6 .4

5 .8

5 .7

5 .1

4 .4

4 .4

4 .0

4 .2

5 .0

2 -8 3

7 .2

7*0

6 .7

6*5

6 .0

5 .5

5 .4

4 .7

4 .1

4 .0

3 .6

3 .7

3 .8

2 0 8 .5 3
2 1 0 .2 7
2 1 2 .8 7
2 1 4 .2 5

2 .6

2 1 5 .8 9

3 -8 3

6 .9

6 .7

6 .4

6 .2

5 .7

5 .2

5 .1

4 .5

4 .0

3 .9

3 .5

3 .5

3 .6

2 .9

3 .1

4 -8 3

6 .7

6 .6

6 .3

6*1

5 .6

5 .2

5 .0

4 .5

4 .0

3 .9

3 .7

3 .7

3 .8

3 .4

3 .7

1 -8 4

6 .6

6 .4

6 .1

5 .9

5 .5

5 .1

5 .0

4 .5

4 .1

4 .0

3 .8

3 .8

3 .9

3 .6

4 .0

4 .4

4 .4

2 -8 4

6 .4

6 .2

6 .0

5 .8

5*4

5 .0

4 .8

4*4

4 .0

?*9

3 .7

3 .7

3 .8

3 .6

3 .8

4*0

3 .9

3 .3

3 -8 4

6 .3

6 .1

5 .8

5*6

5 .3

4 j* 9

4*7

4 .3

3 .9

3 .9

3 .7

3 .7

3 .8

3 .6

3 .8

3 .9

3 .8

3*5

3 .6

4 -7 9

1 -8 0

2 -8 0

3 -8 0

4 -8 0

i-e i

2 -8 1

3 -8 1

4 -8 1

1 -8 2

2 -8 2

3 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -8 4

IN IT IA L

P -

2 1 8 .2 1

4 .4

2 2 0 .5 ft..
2 2 2 .4 0
2 2 4 . 36P

QUARTER

P R E L IM IN A R Y




PREPARED BY
O C TO B ER 1 9 ,

14

FED ERAL
1984

RESERVE

BANK

OF

S T.

L O U IS

PERSONAL

C O N S U M P T IO N

IN IT IA L

TE R M IN A L
QUARTER

IN

CURRENT

DOLLARS
B IL L IO N S OF
DOLLARS

(Q U A R T E R

ANNUAL
4 —7 9

1 -8 0

2 -Ô 0

1 -8 0

tt.2
9 .0

7 .9

1 0 .4

1 ft . 1

1 4 . ,7

1 -8 1

2 -8 1

3 — fll

4 — fl 1

1 — 82

2-82

3 -8 2

4-8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 .6 2 0 .5
1 .6 2 6 .4
1 * 6 8 3 .4
1 * 7 4 1 .9

1 4 •6

1 * 7 9 7 .9

10 .9

1 * 8 2 9 .3

1 0 .3
3 — ft 1
...

RATES

2 -8 4

1 -8 4

14. 8

........4 - Û Û

4— 8Ü

1 .5

3 -8 0

3 - flft

1 1 .2

2 -Û Û

.

E X P E N D IT U R E S

7 .2
1 0 .9
6 .9

1 0 .4

1 ft

11 . 5

1 0 .5

9 .0

.4 -8 1

9 .5

9

1ft.,6

9 • fl

8 .6

7 .0

9 .2

1ft.,3

9

8 .6

7 .4

7 .5

5 .8

8 .6

8 .2

7 .2

7 .2

6 .0

7 .4

1?.

1 -8 ?

9 .4

2 -8 2

9 .1

fl,• fl

9 . ,8

9 .1

1 * 8 7 7 .3
3 .1

1 * 8 9 1 .8

6 .3

1 * 9 6 0 .9

3 -8 2

9 .0

8 •8

9 . ,7

9 .0

8 .3

7 .4

7 .5

6 .6

7 .8

7 .4

8 .5

4 -8 2

9 .0

fi • 8

9 . ,6

9 •1

8 .4

7 .7

7 .8

7 .1

8 .2

8 .0

8 .9

9 .3

1 -8 3

8 .7

8 .5

9 . ,2

8 *6

8 .0

7 .3

7 .3

6 .7

7*5

7 .2

7 .5

7 .0

4*8

2 -8 3

9 .1

9 •0

9 . ,6

? .1

8 .6

8 .1

8 .2

7 .8

8 .6

8 .6

9*2

9 .5

9*6

1 4 .5

3 -8 3

9 .0

8 .9

9. 5

9 .0

8 .5

8 .0

8 .1

7 .8

8 .5

8 ,5

8*9

9*0

8*9

11*0

7*6

4 -8 3

9 .0

8 .9

9. 4

9 .0

8 .6

8 .2

8 .2

8*0

8*6

8*6

9*0

,9 * 0

9*0

10*4

8*4

9*3

1 -8 4

9 .0

8 .9

9. 4

9 %Q

8 .6

8 .2

8 .3

8 .0

8*6

8*6

8*9

9 .0

8 .9

10*0

8*5

8*9

8*6

2 -8 4

9 .1

8 .9

9*4

9 ,1

8*7

8*3

8*4

8*2

8 .7

8 .8

9*1

9^2

9*1

1 0 .0

8*9

9 .4

9 js4

10*2

3 -8 4

8 .8

8 .7

9. 1

8 *8

8 .4

8 .1

8*1

7*9

8 .4

8 .3

8 .6

8 .6

8 .5

9 .1

8 .1

8 .2

7*8

7 .4

4 .6

4 -7 9

l - l 30

3—! 0
8

4 -8 0

l-e i

2 -8 1

3 -8 1

4 -8 1

1-82

2 -8 2

3 -8 2

4 -8 2

1 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -8 4

IN IT IA L
P -

2 * 0 4 6 .1
2 * 0 7 0 .4
2 * 1 4 1 .6

loo
11
IN

2 -8 0

_

2*001*3

2 * 1 8 1 .4

2*276*5
......... i 2 . i 3 2 2 . I _ .
2 »3 5 9 .3 P

QUARTER

P R ELIM IN A R Y

P ER SON AL C O N S U M P TIO N E X P E N D ITU R E S IN 1 9 72 DO LLA R S
______________ C O M P O U N D E D A N N U A L R A T E S O F C H A N G E ______________
B ILL IO N S
TE R M IN A L

IN ITIA L

ANNUAL
4 -7 9

1 -8 0

1 -8 0

2 -8 0

3 -8 0

4 -8 0

1 -81

2 -8 1

-0 .1

3 -8 1

4 -8 1

1 -82

2 -8 2

3 -6 2

4 -8 2

1—8 3

2 -8 3

3 -8 3

4— 83

1 -8 4

2 -8 0

-4 .0

2 -8 4

-7 .7

-1 .3

-1 .9

4 .3

4 -B O

0 .1

0 .2

4 .5

4 .6

__ 1 . 3

4 .5

4 .i_

4 .4 .

0*9

3 .2

2 .8

1*9

-0 .5

2 .8

1 .2

2 .8

-0 .5

-0 .5

-3 .7

i - a i

1*0^
0 .7

RATES

9 3 8 .3

3 -8 0

2 -8 1

OF

QUARTER

Q UARTS

9 1 9 .6
9 2 9 .4
9 4 0 .0
9 5 0 .2
9 4 9 .1

3 -Û 1

1 .0

1 mZ

___ 3 * 1

4 -8 1

0 .4

0 .5

2 .0

1 .5

0 .7

1 -8 2

0 .7

0 .8

2 .1

1 .7

1 .2

0 .4

0*6

-0 * 4

2*9

2 -8 2

0 .9

1 .0

2 .1

1 .8

1 .3

0 .7

1 .0

0 .4

2 .6

2*2

3 -8 2

1 .0

1 .1

2 .1

1 .9

1 .5

1 .0

1*3

0 .9

2 .5

2 .2

2*2

4 -8 2

1 .3

1 .5

2 .4

2 .2

1.9_ _

1 .6

1 .9

1 .7

3 .1

3*2

3*7

5*1

1 -8 3

1 .4

1 .5

2 .4

2 .2

2*0

1 .7

2 .0

1*9

3*0

3*0

3*3

3*8

2*6

2 -8 3

2 .0

2 .2

3 .0

2 .9

2*0

2*6

3*0

3*0

4*1

4*4

4*9

5*8

6*2

1 0 .0

2 .9

9 5 5 .7
9 4 6 .8
9 5 3 .7
9 5 8 .9
9 6 4 .2
9 7 6 .3
9 8 2 .5
1 * 0 0 6 .2

3 -8 3

2 .1

2 .3

3 .1

3 .0

2 .7

3*1 _

3 .1

4 .1

4*3

4 .7

5*3

5 .4

6 .9

3 .8

4 -8 3

2 .4

2 .6

3 .4

3 .3

3 .1

3 .4

3*5

4 .4

4*6

5*0

5*6

5*7

6*8

5 .3

6 .8

1 -8 4

2 .5

2*7

3 .4

3*4

3*2

3 .5

3 .6

4 .4

4*6

5*0

5*5

5*5

6 .3

5 .1

5*7

4 .6

5*9

1 * 0 1 5 .6
1 * 0 3 2 .4
1 .0 4 4 .1

2 -8 4

2*8

3*0

3*7

3*7

3**

3*5

3 .9

4*0

4*8

5*0

5*3

5*8

6 .6

5 .8

6 .4

6 .3

7 .9

3 -8 4

2*7

2*8

3 .5

3 .5

3 .4

3*3

3 .6

3*7

4*4

4*5

4*8

5 .1

5 .1

5 .5

4 .6

4 .8

4 .2

4 .0

0 .2

4 -7 9

1 -8 0

2 -8 0

3 -8 0

4 -8 0

1 -8 1

2 -8 1

3 -8 1

4 -8 1

1 -82

2 -8 2

3 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -84

2 -8 4

IN ITIA L
P -

1 * 0 6 4 .2
1 »0 6 4 .6 P

QUARTER

P R ELIM IN A R Y




'

PREPARED BY
O C TO B ER 19»

15

FED ERAL
1984

RESERVE

BANK

OF

S T.

L O U IS

G R O S S P R IV A T E D O M E S T IC IN V E S T M E N T IN C U R R E N T D O L L A R S
______________ C O H P O U N D E D A N N U A L R A T E S O F C H A N G E ________________
B IL L IO N S

OF

. T E R M I N A L ______________________________________________________________________ ________ _________ I N I T I A L Q U A R T E R ______________________________________________________________________________________ DOLLARS
QUARTER
ANNUAL R ATES
3 -8 1
4 -8 1
1 -82
A -7 9
2 -8 1
1 -8 0
2 -flO
3 -8 0
4 -8 0
1 -81
2 -8 2
3 -8 2
4 -8 2
1 -8 3
2 -8 3
4 -8 3
1 -8 4
3 -8 3
2 -8 4

-_Lra û

-4 0 .5

_irfiO

. -1 1 .8

4 -8 0

4 2 2 .0
-2 3 .8
-1 9 « L

3 9 4 .3
-1 4 .2

3 7 9 .5

-1 .2 _

-3 .2

9 .0

3 8 .5
. i2 .1

4 1 1 .7

9 .7

1 0 .9

2 5 .7

2 -8 1

1 0 .0

1 1 .1

2 2 .0

3 7 . 2_

3 6 .6

1 1 .6

3 -8 1

11 . 7

1 2 .8

2 2 .0

3 3 .3

3 1 .6

1 6 .8

2 2 .2

4 — ft 1

7 .5

7 .9

1 4 .3

2 1 .0

1 7 .0

3 .9

0 .2

-1 7 .7

4 .7

-6 .8

-1 2 .2

-2 5 .6

lr8 1

_

1 -8 2

2 .0

1 .7

5 .9

9^I__

2 -8 2

1 .4

1 -0

4 .6

-0 .1

-0 .6

2 .4

4 .7

4 -8 ?

-3 .4

-4 .1

-1 .9

-0 .9

-1 .4

1 .0

2 -8 3

2 .2

2 .0

3 -8 3

4 .5

1 -8 4

1 0 .0

1

5 0 5 .8
4 8 1 .7

-0 .4

1 -8 3

4SI

7 .6

3 -8 2

6 7 .1

-3 2 .8
-4 .5

4 3 1 . 2 _______

0 .6

-7 .6

-1 1 .0

-1 7 .8

-1 7 .8

-9 .1

-1 3 .5

2 .6

-0 .7

-7 .0

-9 .4

-1 3 .8

-1 3 .0

-7 .2

-6 .0

-5 .2

3 4 .3

4 .5

6 .4

3 .6

-1 .8

-3 .3

-6 .5

-4 .5

2 .5

4 .3

1 0 .9

4 2 .8

5 1 .9

4 .5

7 .0

9 .0

6 .7

2 .0

1 .0

-1 .4

1 .2

8 .3

1 1 .1

1 8 .3

4 3 .0

4 7 .5

1 0 .3

1 3 .0

1 5 .3

1 3 .6

1 0 .0

9 .9

8 .7

1 2 .2

1 9 .6

2 3 .5

3 1 .0

4 9 .9

4 1 5 .9

_ _ ________________4 0 5 ^ 0 ______
4 4 9 .6
4 3 .3

4 9 1 .9

I
I

1

5 4 0 .0
7 8 .1

2 -8 4

9 .5

9 .8

1 2 .3

1 4 .3

1 2 .8

9 .4

8 .1

tl.l

1 7 .5

2 0 .6

2 6 .4

4 0 .6

41*9

3 9 .5

3 8 .2

3 4 .8

3 -8 4

1 0 .2

1 0 .5

1 2 .9

1 4 .9

1 3 .4

10*3

lp t2

9 .3

1 2 .2

1 8 .1

2 0 .9

2 6 .0

3 7 .9

3 8 .6

3 6 .0

3 4 .3

3 0 .8

1 2 .1

2 3 .1

4 -7 9

1 -8 0

2 -6 0

3—80

4 -8 0

1 -8 1

2 -8 1

3 -8 1

4 -8 1

1 -82

2-8 2

3 -8 2

4 -8 2

1 -8 3

3 -8 3

4 -8 3

1 -8 4

Î

•

©

6 0 .8

5 4 .7

2 . 1 _____ ___ ___________ 6 2 7 . 0
6 6 0 . 5P

*

9 *2„

do!
Ï
1 w
!
!

...

5 .1

7 -n n

I N I T I A L QUARTER
P -

P R ELIM IN A R Y

GROSS PRIVATE DOMESTIC INVESTMENT IN 1972 DOLLARS
______________ C f l f t P Q U t t & e P A N N U A L

RATES

QF

C H A N S E ______________
B ILL IO N S

TERMINAI
4 -7 9

1 -8 0

2 -8 0

3 -8 0

4 -8 0

1 -8 1

2 -8 1

3 -8 1

1 -8 0

--1 9 .3
- • 1 6 .2

-2 2 .5

—6 . 8

-8 .4

7 .7

1 -8 1

1 .1

____1 . 9

1 7 .6

34. Q

1 5 .0

2 4 .6

2 2 .9

7 .7

3 .3

4 .2

1 4 .0

2 0 .8

1 8 .5

8 .9

-0 .4

-0 .2

6 .9

1 0 .5

6 .5

-2 .8

-7 .7

_ 1 -8 3

2 -8 3

3 -83 ... 4 - 0 ^

1 = 04 ... 2 - A 4 _

..

1 0 .2

4 -8 1

4 -8 2

40*2

3 -8 1

3 -0 2

-9 .5

4 -flO

2 -8 2

-3 3 .7

3 -8 0

1 -8 2

-1 .8

2 -8 0

4 -8 1

OF

DOLLARS
ANNUAL R A TES

IN IT IA L QUARTER

QUARTER

-2 2 .6

.

,2 0 2 .A .
1 9 7 .4
2 1 0 .0

2 8 .1

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

1 -8 2

-4 .2

-4 .5

0 .6

2 .5

-2 .0

-1 0 .4

-1 5 .8

-2 6 .3

-2 9 * 9

2 —62

-4 .6

-4 .9

-0 .5

0 .9

-3 .1

-1 0 .0

-1 3 .9

-2 0 .7

-1 9 .7

-6 .1

2 0 4 .7

3 -6 2

-5 .2

-5 .6

-1 .8

-0 .8

-4 .3

-1 0 .2

-1 3 .5

-1 8 .5

-1 7 .1

-9 .9

-1 1 .6

4 -8 2

-7 .6

-8 .1

-5 .1

-4 .5

-6 .0

-1 3 .4

-1 6 .4

-2 0 .9

-2 0 .5

-1 7 .1

-2 1 .3

-2 9 .9

1 -8 3

-4 .9

-5 .2

-2 .0

-1 .2

-4 .1

-8 .5

-1 0 .6

-1 3 .7

-1 1 .8

—6 * 5

-6 .0

-3 .1

3 4 .0

2 -6 3

-1 .6

-1 .6

1 .7

2 .7

0 .5

-3 .2

-4 .4

-6 .4

-3 .3

3*1

6 .1

1 2 .8

4 3 .0

5 2 .5

3 -6 3

0 .6

0 .8

4 .1

5 .3

3 .5

0 .4

—0 . 4

-1 .7

1 .8

8 .3

1 1 .9

1 8 .7

4 1 .4

4 5 .3

4 -6 3

2 .6

2 .9

6 .2

7 .5

5 .9

3 .2

2 .8

2 .0

5 .6

1 2 .0

1 5 .7

2 2 .1

4 0 .3

4 2 .5

3 7 .7

3 7 .0

1 -6 4

5 .7

6 .2

9 .6

1 1 .1

9 .9

7 .7

7 .7

7 .5

1 1 .5

1 8 .1

2 2 .4

2 9 .2

4 6 .1

4 9 .2

4 8 .2

5 3 .3

7 1 .5

2 -6 4

5 .3

5 .7

8 .8

1 0 .2

9 .0

6 .9

6*8

6*5

1 0 .0

1 5 .6

1 9 .0

2 4 .2

3 6 .6

3 7 .1

3 3 .5

3 1 .9

2 9 .5

-2 .3 L

3 -8 4

6 .2

6 .6

9 .6

1 1 .0

9 .9

8 .0

8 .0

7*9

1 1 .2

1 6 .4

1 9 .5

24. 1

3 4 .6

3 4 .7

3 1 .4

2 9 .7

27*4

9 .8

2 3 .4

4 -7 9

1 -8 0

2 -6 0

3 -8 0

4 -6 0

1 -8 1

2 -8 1

3 -8 1

4 -6 1

1 -8 2

2 -8 2

3 -8 2

4 -6 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -6 4

2 0 0 .4
1 9 4 .3
1 7 7 .8
1 9 1 .3
2 1 2 .6
2 3 0 .6

3 8 .4

................... _ _ i 4 9 _ , 5 _

2 8 5 .5
2 6 3 .9
2 9 9 .2 P

I N I T I A L QUARTER
P - PRELIMINARY




PREPARED BY
O C TO B E R 19*

16

FEDERAL
1984

RESERVE

B A N K To F

S T.

L O U IS

...

G O V E R KM E N T

PURCHASES

OF

TERM INAL

GOOOS

«>40 S E R V I C E S

IN ITIA L

IN

CURRENT

D O LLARS
B I L L I O N S OF
DOLLARS

ÛIIA RTFR

QUARTER
2 -8 0

3 -8 0

4 -8 0

1 -8 1

4 -8 1

1— 6 2

2 -8 2

4 -8 2

3 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

RATES

2 -8 4

1 -8 4

1 7 .1

2 -B O

1 5 .8

1 4 .6

3 -8 0

1 1 .3

8 .5

2 .7

1 0 .8

9 .0

± 2+1

5 3 5 .5
5 3 9 .1
1 5 .6

5 5 9 .0

1 -8 1

1 2 .5

1 1 .4

1 0 .4

1 4 .4

1 3 .2

2 -8 1

1 1 .4

1 0 .3

9 .3

1 1 .6

9 .6

6 .2

3 -8 1

.

3 -8 1

O'

1 -8 0

1 -8 0

N
)
1

ANNUAL
4 -7 9

1 1 .4

1 0 .5

9 .7

1 1 .5

1 0 .2

8 .8

_4_-fll

1 1 .9

1 1 .1

1 0 .6

1 2 .2

1 1 .4

5 7 6 .6

1 0 .8

1 1 .4
1 3 .2

6 0 1 .3
1 5 .0

6 2 2 .7
6 3 0 .9

2 -8 2

1 0 .2

9 .4

8 .8

8 .7

8 .3

7 .2

3 .6

1 .8

9 .6

9 .1

7 .3

8 .2

1 5 .0

_1 0 .Q

9 .7

1 0 .6

1 0 .5

9 .4

1 0 .7

7 .8

6 3 3 .7

6 8 1 .Q

1 5 .5

1 5 .9

1 0 .0

9 .5

9 .0

9 .7

9 .0

8 .5

8 .8

8 .4

7 .1

7 .6

9 .6

7*0

-1 .3

9 .4

8 .9

8 .4

8 .9

8 .3

7 .8

8 .0

7 .5

6 .3

6 .5

7 .7

5 .3

0 .4

3 -8 3

9 .1

8 .6

8 .1

8 .6

7 .9

7 .4

7 .6

7 .1

6 .0

6 .1

7 .0

5 .1

1 .7

3 .3

4 .5

4 -8 3

8 .6

8 .0

7 .6

8 .0

7 .3

6 .8

6 .9

6 .4

5 .4

5 .4

6 .0

4 .3

1 .5

2*5

2 .7

0 .9

1 -8 4

8 .5

8 .0

7 .6

7 .9

7 .4

6 .9

7 .0

6 .5

5 .6

5 .7

6 .2

4 .8

2 .7

3 .8

4 .4

4 .3

7 .7

2 -8 4

9 .3

8 .9

8 .6

9*0

8*5

8*1

8 .3

8 .0

7*4

7*6

8*3

7 .4

6*0

7*6

9*0

10**

15*7

24*3_

3 -8 4

9 .5

9 .1

8 .8

9 .2

8 .8

8*5

8 .7

8*4

7*9

8*1

8*8

8*1

7 *0

8*5

9*8

11*2

14*8

18*5

13*1

4 -7 9

1 -8 0

2 -8 0

3 -8 0

4 -8 0

1 -81

2 -8 1

3 -8 1

4 -8 1

1—6 2

2 -8 2

3 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -8 4

1 -8 3

IN ITIA L
P -

6 7 8 .8
2 .0

6 8 2 .2
6 8 9 .8
691*4
7 0 4 .4

_ S ^ 2 .* 7 7 6 6 . 9P

QUARTER

P R ELIM IN A R Y

GOVERNMENT

PURCHASES

TE R M IN A I

OF

GOOOS

IN IT IA L

ANO

S ER V IC ES

IN

1972

DOLLARS
B IL L IO N S OF
DOLLARS

QUARTER

ANNUAL

QUARTER
4 -7 9
1 -8 0

4 -0

2-fiO

3 —Ä 0

4 — ft n

1 -81

7 -8 1

3 -81

4 -8 1

1 -82

2 -8 2

3 -6 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

RATES

2 -8 4

4 .0

? -«0

1-ftO

2 8 4 .0
4 -0

2 8 6 .a

3 -8 0

1 .3

0 .0

-3 .8

4 -8 0

0 .5

-0 .7

-3 .0

1 -fil

2 8 4 .0
2 8 2 .5

-2 .1
1.4

2 8 6 .0

5 .0

2 -8 1

1 .8

-1 .3

3 -8 1

1 .3

0 .8

0 .2

1 -2

2 .3

1 .0

3 .3

4 -8 1

1 .5

1 .1

0 .6

1 .6

2 .5

1 .7

3 .2

3 .1

1 -8 2

1 .4

1 .1

0 .7

1 .5

2 .2

1 .5

2 .4

2 .0

0 .8

2 -8 2

0 .8

0 .5

0 .0

0 .6

1 .1

0 .3

0 .7

-0 .2

-1 .8

-4 .3

3— 82

1 .5

1 .2

0 .9

1 .5

2 .1

1 .6

2 .2

1 .9

1 .5

1.8

8*3

4 -8 2

2 .2

2 .1

1 .9

2 .6

3 .2

2 .9

3 .6

3 .7

3 .8

4 .8

9 .7

2 8 5 .1
2 8 7 .4
2 8 9 .6
2 9 0 .2
2 8 7 .0
2 9 2 .8
1 1 .1

3 0 0 .6

1 -8 3

1 .4

1 .2

0 .9

1 .4

1 .8

1 .4

1 .8

1 .6

1 .3

1 .4

3 .4

1*0

-8 .1

2 -8 3

1 .1

0 .9

0 .6

1 .1

1 .4

1 .0

1 .3

1 .0

0 .6

0*6

1 .9

-0 .2

-5 *4

-2 .6

3 -8 3

1 .0

0 .8

0 .6

0 .9

1 .2

0 .8

1 .1

0 .8

0 .5

0 .4

1 .4

-0 .3

-3 .8

-1 .6

-0 .5

4 -8 3

0 -7

0 .4

0 .2

0 .5

0 .7

0 .4

0 .5

0 .2

-0 .1

-0 .3

0 .4

-L t i

-3 .9

-2 .5

-2 .4

-4 .3

1—84

0 .7

0 .5

0 .3

0 .5

0 .8

0 .4

0 .6

0 .3

-0 .0

-0 .1

0 .5

-0 .8

-3 * 0

-1 .6 _

-1 .3

-1 .7

1 .0

2 -8 4

1 .6

1 .5

1 .3

1 .7

1 .9

1 .7

1 .9

1 .8

1 .7

1*6

2*6

1*8

0*3

2*1

3*3

4*6

9 .4

18*J>

3— 84

2 .0

1 .8

1 .7

2 .1

2 .4

2 .2

2 .4

2 .4

2*3

2*5

3*2

2*6

1*5

3*2

4*4

5*6

9*1

13*5

8*6

4 -7 9

1 -8 0

2 -8 0

3 -8 0

4 -8 0

1 -8 1

2 -8 1

3 -8 1

4 -8 1

1 -82

2 -8 2

3 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

1 -8 4

2 -8 4

2 9 2 .0

<>
x

•
CD
CO
M

IN IT IA L

P -

2 9 4 .3
2 9 2 .4

2 8 9 .5
302*1
3 0 8 .4 P

QUARTER

P R E L IM IN A R Y




PREPARED BY
O C TO B ER 1 9 ,

17

FEDERAL
1984

R E S B IV E

BANK

OF

S T.

L O u IS

_

D IS P O S A B L E

PERSONAL

COMPOUNDED

. ...

XER N IfttL
QUARTER

IN C O M E

AMMIIAI

IN ITIA L

4 -7 9
1 -6 0

. A . 9

CURRENT
f »

D OLLARS

fJ4AM CF
B IL L IO N S OF
DOLLARS

QUARTER

ANNUAL

2 -6 0

3 -6 0

4 -6 0

1 -8 1

2 -8 1

3-6 1

4 -6 1

2 -6 7

1—6?

3 -6 7

4 -6 2

1 -6 3

2 -6 3

3 -6 3

4 -6 3

1 -6 *

_

1 .7 7 1 .7
4 .1

3-fiCL_ JLÛ.3

.
.

4-fiCL

1 .7 6 9 .6
1 3 .2 -

_ 1 1 .3

1-Û1—

.11*8

1* 846.0

L0*4

_
13

1 4 .1

1 1 . 3_

_A3^a_

1 4 .2

1 4 .2

1 1 .7
3 — Û1.

RATES

2—6*

1 3 .9

..2 -ra a

1—60

IN

»A TF «

1 0 .5

7 .0
-1 1 .0

1* 906 .0

_- 1 1 . 6

1 1 .2

12*7. _ 1 2 .6

1 2 .1

4 -B i

J.0 .9

1 0 .5

1 1 .6

1 1 .3

1 0 .6

1 -6 2

1 0 .2

9 .7

1 0 .3

-L O .l

9 .3

2 -6 2

9 .6

9 .1

9 .3

3— 6 2

9 .4

9 .0

4 -6 2

9 .3

a .9

1 * 9 7 2 .5

9 .8 _
9 .5
____2 . 3 . .

1 5 .3

2 * 0 7 6 .6

1 0 .6

6 .1

8 .1

8 .5

5 .2

4 .3

8 .5

7 .4

7 .5

5 .0

4 .5

4 .7

2 * 1 0 9 .6
2 * 1 3 2 .0
2 .1 5 6 .8

9 .1

8 .4

7 .4

7 .5

5 .6

5 .5

6 .1

7 .4

6 .9

6 .3

7 .5

7 .6

6 .1

6 .1

6 .7

7 .6

7 .8

2 * 1 9 5 .6
2 * 2 3 7 .5

1 -6 3

8 .9

8 .5

8 .9

8 .5

7 .8

7 .1

7 .1

5 .8

5 .7

6 .1

6 .5

6 .1

4 .3

2 -6 3

8 .6

8 .4

8 .8

8 .4

7 .8

7 .1

7 .1

6 .0

6 .0

6 .4

6 .8

6 .6

5 .9

7 .5

3 -6 3

9 .0

8 .6

9 .0

8 .6

8 .2

7 .6

7 .6

6 .7

6 .8

7 .2

7 .7

7 .8

7 .8

9 .6

2 * 3 0 2 .9
1 1 .7

2 * 3 6 7 .4

4 -6 3

9 .1

8 .6

9 . L

8 .8

6 .4

7 .9

7 .9

7 .2

7 .3

7 .7

8 .2

8 .4

8 .5

1 0 .0

1 1 .2

1 0 .7

1 -6 4

9 .3

9 .0

9 .3

9 .1

8 .7

8 .3

8 .4

7 .7

7 .9

8 .3

8 .9

9 .1

9 .4

1 0 .6

1 1 .7

1 1 .7

1 2 .7

2 -6 4

9 .3

9 .0

9 .3

9 .0

8 .7

8 .3

8*4

7 .8

7 .9

8 .4

8 .8

9 .0

9 .2

1 0 .2

1 0 .9

1 0 .7

1 0 .6

8 .6

3 -6 4

9 .2

8 .9

9 .2

9 .0

8 .7

8 .3

8 .4

7 .8

8 .0

8 .3

6 .7

6 .9

9*9

1 0 .4

10 . 0

9 .8

8 .4

8 .1

4 -7 9

1 -8 0

2 -6 0

3 -6 0

4 -6 0

1 -8 1

2 -8 1

3 -8 1

4 -8 1

1 -62

2 -8 2

3 -6 2

1 -6 3

2 -6 3

3 -8 3

4 -6 3

1 -6 4

2 -6 4

IN ITIA L
P -

4 -6 2

2 * 4 2 8 .6

2 * 5 5 4 .3
2 »6 0 4 .8 P

QUARTER

P R ELIM IN A R Y

D IS P O SA B LE

TERMINAL

PERSONAL

INCOM E

IN IT IA L

IN

1972

DOLLARS
B IL L I O N S OF
DOLLARS

QUARTER

ANNUAL

QUARTER
4 -7 9

1 -8 0

1 -6 0

-1 .6

3 -6 0

4 -8 0

1 -8 1

2 -8 1

2 .3

2 -6 0

2 -6 0

3 -6 1

4 -8 1

1 -6 2

2 -8 2

3 -6 2

4 -6 2

2 -6 3

1 -8 3

3 -6 3

4 -6 3

1 -6 4

RATES

2 -8 4

-5 .3

1 .0 2 5 .8

3 -8 0

-0 .1

-1 .3

2 .9

4—60

0 -9

0 .5

3 .5

4 .1

1 -6 1

1 .6

1 .6

4 .0

4 .6

5 .1

1 * 0 1 9 .2
1 * 0 2 9 .6
1 * 0 4 2 .5
1 * 0 4 0 .7

2 -6 1

1 .3

1 .2

2 .8

2 .8

2 .2

-0 .7

3 -6 1

2 .1

2 .1

3 .6

3 .8

3 .7

3 .0

6 .9

4 -6 1

1 .7

1 .7

2 .9

2 .9

2 .6

1 .7

3 .0

1 -6 2

1 -4

1 .3

2 .3

2 .2

1 .8

1 .0

Ì.6

-1 .0

-1 .2

7 -6 7

1 .3

1 .2

2 .1

2 .0

1 .6

0 .9

1 .4

-0 .4

-0 .2

0 .8

3 -6 7

1 .3

1 .2

2 .0

1 .9

1 .6

1 .0

1 .3

-0 .0

0 .2

1 .0

1 .2

4 -6 2

1 .5

1 .5

2 .2

2 .1

1 .8

1 .4

1 .7

0 .7

1 .1

1 .9

2 .4

1 * 0 5 6 .1
-0 .8

1 .0 5 6 .0
1 * 0 5 2 .8
1 * 0 5 4 .8
1 .0 5 7 .9
1 * 06 7 .6

3 .7

1 -6 3

1 .6

1 .5

2 .2

2 .1

1 .9

1 .5

1 .8

0 .9

1 .3

1 .9

2 .3

2 .9

2 .1

2 -6 3

1 .7

1 .7

2 .3

2 .2

2 .0

1 .7

2 .0

1 .3

1 .6

2 .2

2 .6

3 .0

2 .7

3 .4

3 -6 3

2 .1

2 .1

2 .7

2 .6

2 .5

2 .3

2 .6

2 .1

2 .5

3 .1

3 .6

4 .2

4 .3

5 .5

1 * 07 3 .1
1 * 0 8 2 .0
1 * 1 0 2 .2

7 .7

4 -6 3

2 .5

2 .5

3 .1

3 .1

3 .0

2 .8

3 .1

2 .7

3 .2

3 .6

4 .3

5 .0

5 .3

6 .4

6 .0

8 .3

1 -6 4

2 .8

2 .8

3 .4

3 .4

3 .4

3 .3

3 .6

3 .3

3 .8

4 .4

4 .9

5 .6

6 .0

6 .9

8 .2

8 .4

8 .6

2 -6 4

3 .0

3 .0

3 .6

3 .6

3 .6

3 .5

3 .8

3 .6

4 .0

4 .6

5*1

5 .7

6 .0

6*8

7*7

7 .7

7 .4

6 .3

4 .9

5 .4

5 .7

6 .3

6 .6

6 .6

6 .1

4 .9

3 .5

2 -6 2

3 -6 2

4 -6 2

1 -6 3

2 -6 3

3 -6 3

4 -6 3

1 -6 4

2 -6 4

3 .0

3 .1

3 .6

3 .6

3 .6

3 .5

3 .8

3 .6

4 .0

4 .5

4 -7 9

3 -6 4

1 -8 0

2 -6 0

3— 6 0

4 -6 0

1 -6 1

2 -6 1

3 -6 1

4 -6 1

1 -6 2

IN IT IA L
P -

1 * 1 2 4 .3
1 * 1 4 7 .6
1 * 1 6 5 .3
1 .1 7 5 * 4 ?

Q U A R TER

P R E L IM IN A R Y




PREPARED BY
O C TO B ER 19»

18

FED ERAL
1964

RESERVE

BANK

OF

S T.

L O U IS

C O R P O R A TE P R O F IT S A F T E R TA X E S *
„CO M PO U N D ED ANN UAL R A TE S O f CHANG E
B IL L IO N S
QUARTER

A IM U A L
3 -7 9

4 -7 9

2 -8 0

1 -flO

_4 -29

-4 .0

3 -flO

-1 3 -4

- L 4 . 4 _r21*9

-1 1 -0

-1 1 -1

-1 5 .3

-7 .2

-9 .fr

—1 2 .3

-1 5 .1

4 —S O

1 -S I

-1 Û .4

1 -B O

3 -8 0

4 — fl 0

i^ai_

3— 81

^ 2 , - a J ___ — 1 2 . 1

1 -fl?

2 -8 2

3 -fl?

4 -ft?

1 -8 3

2 -8 3

3 -8 3

4 -6 3

RATES

L -B 4

1 6 6 .2

3 - J3 JL _____ -<L.2____- 9 . 2
-9 * 6

4 -81

1 6 5 .0
2 .9

-7 .

_4tai.

2 -8 1

OF

2 3 .3
-

1 4 6 .9
1 4 jél* 7

10 *7_ _ -0 .5
I O . «I
-2 -9

-1 4 .8

0 -0

-1 1 .1

-1 0 .3
-5 .1

- 3 4 . Q____________

-6 .6

- 1 3 ^ 3 ___ r Q * 6

125*A^

___1 3 9 , 4

- 1 3 . 9 ____1 2 * 4 .

- 1 1 . 2 ___ r Z . l ___ r t u J 5 . _ : r S . * Q

^5 > .5

__

-12*0.

3 -8 3

-4 -2

—3 .8

-4 .3

0 .7

-1 .0

-1 .0

-2 .1

2 .3

1 .1

4 -8 3

-4 .2

-3 .8

-4 .3

0 .3

-1 .2

-1 .3

-2 .2

1 .7

0 .5

5 8 .8
2 .2

1 8 .6

9 3 .2

7 8 .3

2 4 .8

2 0 .3

4 0 .0

5 2 .9

3 0 .7

142*6
-4 .1

____

141*1

1— 84

-2 .6

-2 .1

-2 .4

2 .1

0 .7

0 .8

0 .1

3 .9

3 .1

5 .0

1 9 .9

2 1 .6

3 7 .9

4 6 .8

11*5

2 9 .8

2 -8 4

-2 .5

-2 .1

-2 .4

1 .9

0 .6

0 .7

0 .0

3 .5

2 .8

4 .4

1 7 .4

1 8 .5

2 1 .4

3 0 .5

3 5 .6

2 1 .7

7 .2

1 3 .3

- l i l __________ 1 5 Q * 2 _______

3 -7 9

4 -7 9

1— 8 0

2 -8 0

3 -8 0

4 -6 0

1 -8 1

2 -8 1

3 -8 1

4 -8 1

1 -8 2

2 -8 2

3 -6 2

4 -8 2

1 -8 3

2 -8 3

3 -6 3

4 -8 3

1—8 4

.1

N .A .

3-84

iQ U A R T E R

IN ITIA L
*

N A TIO N A L
N .A .

-

not

INCOM E

~

B A S IS

a va ila b le
PREPARED
OCTOBER

H IS T O R IC A L

N ATIO N A L

T h e
a n d

P r o d u c t

T a b le s

N IP A

e s t im a t e s

A c c o u n t s

( S t o c k

n u m b e r

1 9 7 7 -7 9

a n d

S U R V EY ;

e s t im a t e s

th e

J u l y

S U R V EY.
o f

th e

1 9 8 3

fro m

o f

f o r

t h e

PRODUCT

1 9 2 9 -7 6

U n it e d

f o r

1 9 8 0

a n d

t h e
o f

f o r

p e r io d s

S u p e r in t e n d e n t
D .C .

I n f o r m a t io n ,

( B E - 5 4 )

W a s h in g to n ,

B u re a u
D .C .

p r i c e

o f

s i n c e ,

o f

i n

T h e

N a t io n a l

BANK

in

f o r

t h e

in

a p p e a r

t h e

in

T h e s e

D o c u m e n ts,

E s t im a t e s
J u l y

e a r l i e r

a r e

In com e

S t a t i s t T c a T

$ 1 0 .0 0 ) .

a r e

1 9 8 1 -8 3

B u s in e s s .

RESERVE

1984

DATA

1 9 2 9 - 7 6 :

c o r r e c t i o n s

C u r r e n t

W a s h in g to n ,

ACCOUNTS

a r e

y e a r s

FEDERAL

OF

S t a t e s ,

e a r l i e r

e s t im a t e s

f o r

f u r t h e r

D i v i s i o n

C o m m erce,




t h e

O f f i c e ,

F o r
W e a lth

f o r

S u r v e y

AND

0 0 3 - 0 1 O -Q O I0 1 - 1 ,

S U R V E Y ;

E s t im a t e s

P r i n t i n g

o f

c o r r e c t i o n s

m o n t h ly

a v a i l a b l e

INCO M E

SOURCES

BY
19,

y e a r s
J u l y

a r e

i n

1 9 8 4

s u b s e q u e n t

p u b l i c a t i o n s

U .S .

f o r

1 9 8 2

I s s u e s
a r e

G o v e rn m e n t

2 0 4 0 2 .

w r i t e

t o

E c o n o m ic

2 0 2 3 0 .

t h e

N a t io n a l

A n a l y s i s ,

In com e

U .S .

a n d

D e p a rtm e n t

OF

ST.

INVENTORIES COMPARED WITH MONTHLY SALES*
MANUFACTURING

AND

TRADE

1 . 68

68

1

64
60

1

.56

56

1

.52

52
48

1

44
40

I

36
32
1

28

1

24
1970
«RATIOS

1971

1972

BASED

ON SEASONALLY ADJ USTED

1973

SHADED AREAS R E P R E S E N T
LATE ST

DATA PLOTTED:




1974

1975

1976

1977

1978

DATA.

P E R I OD S OF B U S I N E S S

1979

1980

SOURCE:

1981

1982

1983

1984

U . S . DEPARTMENT OF COMMERCE

RECESSIONS.

AU6UST P R E L I MI NA R Y

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

20


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102