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N a tio n a l E c o n o m ic T r e n d s
April 1985
T h e
e x p a n d e d
o f

p a c e
a t

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c h a n g e d
s e c o n d

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2 . 4

i n

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f i r s t

p r i c e s ,

q u a r t e r

o f

1 9 8 4 ,

a c t i v i t y

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a s

t h e

s l o w e d

o v e r

q u a r t e r s

o f

m e a s u r e d
a b o u t

h a s

r a t e

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t h e

b y

G

a s

N

P

t h e

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p e r c e n t
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p u r c h a s e s
f u r t h e r

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b i l l i o n

G

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s e r v i c e s .
i n

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s e c o n d

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c o m p o n e n t s
s l o w e d ,

b i l l i o n

in

n e t
t h e

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f i r s t

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s a l e s
c o n s u m p t i o n

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R e s i d e n t i a l
e x p o r t s

G

N

P

—

5 .7

1 9 . 3
1 6 . 4

- 3 .7

3 0 . 5

—
- 0 .6

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12.0
p u r c h a s e s

o f

g o o d s

a n d

5 . 9

8 . 4

E x p o r t s

e n t

5 .0

3 .0

i n v e s t m e n t

G o v e r n m

7 .1

2 . 4

N o n r e s i d e n t i a l

N e t

1 1 / 1 9 8 4

2 . 4 %

P e r s o n a l

d e c l i n e d
o f

E S

1 1 / 1 9 8 4

R e a l

g o v e r n m e n t

h a v e

s e r v i c e s

d e f l a t o r

3 .9
2 4 . 4

3 .8

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—

K e i t h

M .

T H E


V ie w s e x p re s s e d d o n o t n e c e s s a rily r e fle c t o ffic ia l p o s it io n s o f t h e F e d e ra l R e s e rv e S y s te m .


C a r l s o n

%

1 9 8 5 .

_____ TOTAL C IV ILIA N IHM. OYWCHT
COMPOUNDED ANNUAL M T f t O f CHANCE
TERMINAL

IN IT IA L NONTH
6-63

9-63 10-63 11-63 12-63

*-83

1-64

2-64

3-64

4—64

5-64

6-64

THOUSANDS
7-64

6-64

9-64 10-64 11-64 12-64

1-65

2-65
101,963

.

NH63

2 .7

0 .7

11-63

4*5

4 .3

6*0

12^83

4 .3

4*2

5 .9

3**

1-64

4 .1

3.9

5*0

3*5

2-64

4 .6

4 *?

5*5

4 .7

5*1

7*1

3—64

4*3

4.2

5 .0

4 .2

4*3

4*9

2 .7

4-64

4*2

4.1

4 .7

4*0

4*1

4*4

3*0

3 .3

5-64

4 .7

4*7

5 .3

> *6

5 .0

5 .5

5 .0

6 .1

102*042
.

,-

iô ?

;?

ô2

103*02*
103*294

3* 1

103*666
104*123
104,402
- v.,-

9 .1

6-64

4 .5

4 .5

5 .0

4.5

4*6

4*9

4 .4

5 .0

5.6

2*6

7-64

4 .1

4.0

4 .4

3 .9

3 .9

4 .1

3 .5

3 .7

3.6

1*2

- 0 .2

8-64

3 .5

3 .4

3 .7

3 .1

3 .1

2 .4

2 .4

2 .2

—0 *1

- 1 .4

-2 .6

9-64

3-5

3.3

3*6

3 .2

3 .1

3*1

2 .5

2 .5

2*3

0*7

0*0

0 .1

2 .6

10-84

3*5

3*1

3*1

3.1

2 .6

2*5

2 .4

1.1

0 .7

1 .0

2 .9

2 .6

2 .6

2 .5

1.5

1*2

1.6

3 .0

3.1

3*3

2 .6

2.6

2.7

1.6

1.7

2 .1

3 .2

3 .4

3 .6

3.9

105*162
105,391
105*377
105*146
105,394

3*4

3,3

11-64

3*4

3* 3

3.5

3*1

3 .1

3.1

12-64

!3 * 4

3*4

3 ,5

3*2

3 .1

3.2

1-HB5

3*3

3*2

3.4

3*1

3 .0

3.0

2 .6

2 .6

2 .5

1.6

1 .6

1 .9

2 .9

2 .9

2 .8

2 .6

1.3

2-65

3*3

3*2

3 .4

3.1

3 .0

3 .0

2 .7

2.7

2*6

1 .9

1.6

2 .1

2 .9

3.0

3 .0

2*9

2*3

1*4

106*665

3-65

3*4

3*3

3*5

3 .2

3 .2

3 .2

2 .9

2 .9

2.6

2.2

2.2

2.S

3 .2

3 .3

3.4

3.4

3 ¡X

4 .2

i$T#TT4

9-63 10-63 11-63 12-63

1-64

2-64

3-64

4-64

5-64

6-64

7-64

6-64

9-64 10-64 11-64 12-64

1-65

6-63

2 .9

105,649
105*932
106*273
106*391

2-65

IN IT IA L NONTH

__________ P A YR O LL f t t PL P Y ffEN T________

COMPOUNDED ANNUAL RATES OF CHANGE

TERMINAL
IN IT IA L NONTH
THOUSANDS
MONTH_________________________________________________________________________________________________________________________________________________ ___ ______OP PERSONS
1-65 2-85
7-84 8-84 9-84 10-84 11-64 12-84
8-83 9-63 10-63 11-63 12-63
1-64 2-64 3-64 4-64 5-64 6-64
91*018

9-63

15.7

10-63

9 *?

4 .4

11-63

6 .1

4.5

4 .6

91,345
9 l*6 6 è

i

92,026

12-63

7 .2

4.5

4 .6

4 .5

1-64

6 .7

4 .6

4 .7

4 .7

4 .9

2-64

6 .6

4 .9

5 .0

5.1

5 .5

92,391
92*844

6*1

93,058

3-64

6 .1

4.5

4 .6

4 .5

4 .6

4*4

2 .6

4-64

5 .9

4 .6

4 .7

4 .7

4 .7

4 .7

4 .0

5 .2

5-64

5 .8

4.6

4 .6

4 .6

4 .7

4 .6

4 .1

4 .6

4 .4

93*449
93*786
94,135

6-64

5 .7

4*6

4 .6

4 .6

4 .6

4 .6

4 .2

4 .7

4 .5

4*6

7-64

5 .4

4 .4

4 .4

4 .4

4 .4

4 .3

3 .9

4 .2

3 .9

3 .7

2.6

6-64

5 .1

4.2

4*2

4 .1

4 .1

4 .0

3 .6

3 .8

3.5

3.2

2 .5

2 .2

94,350
94,523
94*80T

9-64

5 .0

4.2

4*1

4 .1

4 .0

3 .9

3 .6

3*6

3 .5

3 .3

2 .9

2 .9

3 .7

10-64

5 .0

4.2

4 .2

4 .1

4*1

4 .0

3 .6

3 .9

3*7

3 .5

3 .3

3 .5

4 .1

4 .5

4 .0

3*8

3*7

3 .5

3 .7

4 .2

4 .4

11-64

4*9

12-64

4*6

1-85

4*8

2-65

4*6

4.0

3-65

4*6
6-63

4 .2

4*1

4 .1

4*0

4*0

3 .9

3 .7

3*6

3 .6

3.5

3 .3

3 .4

3 .7

3 .7

3 .3

2 .4

4.1

4*1

4*1

4*0

4*0

3 .6

* 3*9

3 .7

3 .6

3.5

3 .6

3 .9

4 .0

3*è

3 .5

4*7

M

3 *t

3*6

3 .6

3 .4

3 .6 ” 1 . 1

3 .4

3*2

3 .3

3 .5

3 .5

3*2

2 .6

3*0

1*4

3*5

3 .3

3*6

)♦ !

4*9

F PV^ 10-64 11-64 12-64

1-65

2-65

4*0

4 .0

9-63 19-63

3*9

4 .0

3 .6

95*494

4*2

4.2

4 .1

95*157
4 .3

3 .9

3*6

3 .7

3*7

3*6

* ? - f3

1-64

2-64

3-64

4—64

5-64

3*4

3 .5

6-64

7-64

3 .T
6-64

95*661
96,045
96*157P
96*536P

IN IT IA L NONTH

P - FREU NINA^V________ _ _ ______________________________________________________ _______________________ ______ _____________________________ ___________ _
PREPARED BY FEDERAL RÉSERVE BANK OF S T . LO UIS

---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------- AM1L 5* 1415




2

---------------------------------------------------------




EMPLOYMENT
RATIO

SCALE

MILLIONS

1977

OF

RATIO
SEASONALLY ADJUSTED

PERSONS

1978

1979

1980

1981

MILLIONS

1982

1983

OF

1984

SCALE

PERSONS

1985

SOURCE: U.S.DEPARTMENT Of LABOR
PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PER IO D S

INDICATED.

LATEST DATA PLOTTEDt MARCH PR ELIM IN A R Y
PREPARED BY FEDERAL RESER VE BANK OF S T .

LO U IS

UNE MPLO YME NT RATE
SEASONALLY

PERCENT

ADJ USTED

PE RCE NT
1 2 .0

1 1

.

1 1 . 0

10.

1 0 . 0

9.

9.0

8 .

8 . 0

7.

7.0

6 .

6 . 0

5.

5.0

4.

4.0
1977

1978

1979

1980

1981

1982

1983
SOURCEt

PERCENT OF C IV IL IA N
LATEST OATA PLOTTEDt

U .S .

1984

1985

DEPARTMENT OF LABOff

LABOR FORCE
MARCH
PREPARED BY FEDERAL RESERVE BANK

3

Of

S T . L O U IS

-CQfiSUHER PRICE INDEX FOR ALL URBAN CONSUMERS. SEASONALLY ADJUSTED
COMPOUNDED ANNUAL RATES OF CHANGE
T E R M IN A L
MONTH

IN IT IA L
8-83

9-83

10-83

11-83

12-63

1-84

2-84

3-84

4-64

196 7*10 0

1
«N T H

5 - 64

6-84

7-84

8-64

9-64

10-84

11-64

12-64

1-65

2-85

4 .5

9-83

3 0 1 .0

10-83

4 .3

4 .1

11-83

4 .2

4 .1

3 0 2 .0
4 .0

4 .1

3 .9

3 .8

1-84

4 .8

4 .9

5 .1

2 —8 4

4 .8

4 .9

3 .6

«
°j

12-83

3 0 3 .0
3 0 3 .9

5 .7

7 .8

5 .4

6 .3

4 .6

3 0 5 .6
3 0 7 .0

3-84

4 .6

4 .6

4 .8

4 .9

5 .4

4 .2

3 .6

4-84

4 .7

4 .7

4 .8

5 .0

5 .3

4 .5

4 .4

5 .2

5-84

4 .4

4 .4

4 .4

4 .5

4 .6

3 .9

3 .6

3 .6

2 .0

6—8 4

4 .2

4 .1

4 .2

4 .2

4 .3

3 .6

3 .3

3 .2

2 .2

2 .3

7-84

4 .2

4 .1

4 .1

4 .1

4 .2

3 .6

3 .4

3 .3

2 .7

3 .1

3 0 7 .9
3 0 9 .2
3 0 9 .7
3 1 0 .3
3 .9

3 1 1 .3

8-84

4 .2

4 .2

4 .2

4 .2

4 .3

3 .8

3 .7

3 .7

3 .3

3 .8

4 .5

5 .1

9-84

4 .2

4 .2

4 .2

4 .3

4 .3

3 .9

3 .8

3 .6

3 .5

3 .9

4 .5

4 .7

4 .3

4 .2

3 .9

3 .7

3 .8

3 .5

3 .8

4 .2

4 .3

3 .9

3 1 2 .6
3 1 3 .7

10-84

4 .2

4 .2

4 .2

4 .2

11-84

4 .1

4 .0

4 .0

4 .0

4 .1

3 .7

3 .6

3 .6

3 .3

3 .6

3 .8

3 .8

3 .4

2 .9

2 .3

12-84

4 .0

4 .0

4 .0

4 .0

4 .0

3 .6

3 .5

3 .5

3 .3

3 .5

3 .7

3 .7

3 .3

3 .0

2 .7

3 .1

1-85

3 .9

3 .9

3 .8

3 .8

3 .9

3 .5

3 .4

3 .4

3 .2

3 .4

3 .5

3 .4

3 .1

2 .6

2 .6

2 .7

2-85

3 .9

3 .9

3 .9

3 .9

3 .9

3 .6

3 .5

3 .5

3 .3

3 .5

3 .6

3 .6

3 .3

3 .1

3 .0

3 .2

3 .3

4 .2

3-85

4 .0

4 .0

4 .0

4 .0

4 .0

3 .7

3 .7

3 .7

3 .5

3 .7

3 .8

3 .8

3 .6

3 .5

3 .5

3 .9

4 .1

5 .0

5 .6

8- 83

9^83

1 M 3

11-83

12-83

1—8 4

2-84

3-64

4-64

5 - 84

6-44

7-84

8-84

9-64

1 0 —84

11-64

12-84

1-85

2-65

IN IT IA L

3 .5

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

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

MONTH

P R E P A R E D BY
A P R IL 2 3 , 1985

STa

.

L O U IS

PROOUCER PR IC E IND EX, FIN ISH ED GOODS - SEASONALLY ADJUSTED*
________________________________________________________________ COMPOUNDED AE—UAL RATES OF CHANGE_________ ________________________________________________________
T E R M IN A L

_________ _______________________________________________fltlT lAL i
6-63

9-63 10-63 11-63 12-ft3

1-64

2-64

3-64

4-64

5-64

__________________________________________________________W 7 . « 1QO
6-64

7-*4

ft-64

9-64 1Q-* 4 11-ft* 12.-9A

1~*5
2 *6 **

9-63

2.1

10-63

2 .1

2.1

11-93

0*4

-0*4

12-63

1.2

9*2

3 .4

297*1
266.4

-2*9

»7*2
299*2.

1-64

2 .6

3 .0

6 .0

8 .7

2-64

2 .7

3.1

5.1

6*0

3 .4

3-64

3 .3

3 .7

5 .4

6*1

4 .9

6 .4

290.0
291.5
291.6

4-64

2*9

3*2

4 .4

4*7

3*4

3 #4

0*4

5—64

2 .4

2 .5

3 .4

3 .4

2 .1

1 .7

- 0 .6

-1*6 l

6-64

2.1

2.1

2 .9

2 .6

1 .7

1.2

-0 .4

- 0 .6

3.0

291.2
.291*2__

0 .0

7-64

2 .?

2 .2

2 .8

2 .8

1 .6

1 .5

0.3

0 .3

1.2

2 .5

8-64

1.6

1.7

2 .2

2 .1

1 .2

0 .6

-0 .2

- 0 .4

0 .0

0 .0

- 2 .4

9-64

1 .6

1 .6

2 .0

1 .9

1 .0

0 .7

-0 .2

- 0 .3

0*0

0 .0

- 1 .2

0 .0

2.2

291*9
291.2
291*2.

10-64

1 .5

1 .4

1.6

1.6

0 .6

0 .5

-0 .3

- 0 .4

- 0 .2

-0 .2

- 1 .1

- 0 .4

-0 .6

11-64

1 .6

1*6

2 .0

1.6

1.2

0 .9

0 .3

0 .2

0*6

0 .7

0 .2

1.1

1.7

4 .2

12-64

1 .7

1.6

2 .0

l.t

1.2

1*0

0 .5

0 .5

0 .6

0 .9

0 .6

1*3

1*6

3 .1

2.1_
- 0 .4

1.4

.291*3-

_ _29*t5
.

1-65

1*5

1.5

1.8

1*7

1 .1

0 .9

0 .4

0 .4

0*6

0 .7

0*4

1*0

1*2

1*9

0*6

2-65

1 .4

1*3

1 .6

1 .5

0 .9

0*7

0 .2

0 .2

0 .4

0*5

0 *2

0*6_

9*7

1*1

0.1

- 0 .6

-*•*

3-65

1 .5

1 .4

1 .4

1.5

1 .0

0 .9

0 .4

0*4

0 .6

0*7

0 .5

0*9

1*0

1*4

OtT

0*£

0*6

2 .5

9-«3 10-63 11-63 12-63

1-64

2-64

3-04

4-64

5-64

6-64

7-64

6-64

9-64 10-64 11-64 12-64

1-65

2-85

6-63

1.4

? 9 ? .4
292*1
292.7

IN IT IA L NONTH
«PATA FOR WHIR NONTHS AGO R EV ISED TO REFLEC T LA T feftfPO ST IN G




4

PR EPA R K) »Y FEDERAL RESERVE BANK O f ST* LO UIS
A P R IL 12* 1 * 5

_




RATIO SCALE
1967-100

PRICES

RATIO SCALE

SEASONALLY AOJUSTEO

1967-100

CONSUMER PRICE IKOEX BECINNIH6 JANUARY 1978 IS FM ALL «RIAN CMtSVtfERS <CPI - » ).

CPI-0 DATA BEGINNING 1983 INCORPORATE A RENTAL ECHMVALEMCE MEASME FM IIÜCtWCMMIP CfST».
PERCENTAGES ARE ANNUAL RATES Of CHANGE FOR PERIOOS INDICATE*.
LATEST DATA PLOTTED. MARCH

ratio

SCALE

PREPARE* IY FEDERAL RESERVE RANK Of ST. LMIS

PRODUC E R PR I C E S

RATIO SCALE

PERCENTAGES ARE ANNVAL RATES Of CHANGE FOR PER I MS INDICATED.
LATEST DATA PLOTTED. MARCH
PREPARED IT FEDERAL RESERVE RANK I f ST. IM IS

5

PROOUCER PRIC E INOEX, F IN IS H fD CONSUMER FOODS - SEASONALLY ADJUST ttv*1
-____________________ COMPOUNDED ANNUAL HATES Of CHANGE___________________________

6-63
9-6?

. . m i ■ lo o

I N I T I A L MONTH

MONTH
9-63 10-63 11-83 12-63

1-64

2-14

3-ft4

4-84

5-64

6-64__ ?-fl4 . M

i

9-64 10-64 11-64 .12-64___1-65

2-65
263.1

12.7

1 ^3

1 2 .?

12*0

11-63

5 .6

2*3

265.6
2 64.1

- 6 .6

266.1

12-63

t* 6

4*6

1*1

9 .5

1-64

11.3

11.0

10*6

2 0.4

??- 4

2-64

9 .S

9*3

6*6

14*2

16.6

272.4
273.0

2 .7

3-64

10.2

9 *?

9-*

13.8

15.2

7 .5

12.5

4—6^

T .*

6 .3

5 **

8 .0

7 .6

0 .4

- 0 .7 -12.3

?r6 *

5 .1

V ?

3*1

4 .8

3 .9

- 2 .2

-3 .8 -11.0

-9*7

6-64

4 .6

5fT

2*7

4*1

3*3

-1*«

- 2 .8

—7*5

r*5.0

0 .0

7-64 _

5 .9

5*2

4 .?

6*0

5 .5

1 .5

1.3

- 1 .3

2 .7

9 .4

19*6

4 *9

4 .4

0 .9

0 .6

-1*6

1 .2

5.1

7 .8

2 75.7
2 72.7
2 70.4
2 7 0 .4
2 74 .5

8 - f4

?fl

9-64

A ,£ _

}.9

}* ?

4*2

0 .6

0 .3

- 1 .7

0 .6

3 .4

4 .5

- 2 .4

- 1 .7

4 fi

3*3

? .8

3*7

3*1

0 .3

0 .0

- 1 .7

0*2

2*3

2 .9

- 2 .2

- 1 .7

- 1 .7

11-64

4-}

? .7

3.1

?• ?

3 .4

0 .9

0 .7

-0 .7

1 .1

3*1

3 .7

0 .0

1 .0

2 .4

6 .6

12-64

4 .?

4*0

? .5

4*3

3 .9

1 .6

1 .5

0*3

2*0

3 .6

4 .5

1 .7

2*9

4 .5

7 .7

8.6

1-65

3*9

3.3

2 .6

3 .5

3 .0

0 .9

0 .7

- 0 .4

1 .0

2 .5

2.8

0 .2

0 .9

1.5

2 .7

0 .7

—4*7

2-65

? .5

3f 0

2*5

3*1

2 .7

0*7

0 .5

H>*5

0 .7

2 .0

2 .2

-0 * 1

0 .4

0 .9

1.5

-0*1

-4*3

- 4 .7

274*4

-3*4

t 4*9

2 73.9

9-64 10-64 11-64 12-64

1-65

3-65

3*2
6-63

- 3 .0

2 7 3 .6

2*3

0 .5

0 .3

- 0 .7

0*5

.1*6

1*7

- 0 .3

0 .1

9-63 10-63 11-63 12-63

1-64

2-64

3-64

4-64

5-64

6-64

7-64

6-64

2 .7

2 .2

2*8

2 7 3 .4

0 .4

2 7 3 .6

0*6

274*5

- 0 .7

2 7 6 .4
274 .6

2-65

IN IT IA L MONTH
♦DATA FOR TOUR MONTHS AGO R EV ISED TO REFLECT LATE »FPORTING

PRODUCER P R IC E INOEX» F IN IS H E D COOOS, EXCLUDING FOODS - SEASONALLY ADJUSTED*
COMPOUNDED A/ttUAL KA T E I OF CHANCE
IN IT IA L MONTH

1967 « 1 0 0

MONTH
6-83
9-63

9-63 10-63 11-63 12-63

*-64

2-64

3-64

4-64

5-64

6-64

7-64

6-64

9-64 10-64 11-64 12-64

1-65

2-65
292*3

-0 .8
- lf2

10-63

-¿ .0

11-63

- l* ,l

_2 9 2 *0

12-63

-0*5

—0*4

9*0

1-64

-0 . 1

0 .1

0 .5

1*4

1*7

2-64

0 *6

0 .9

1.4

2 .^

2^9

4 .2

3-64

1 .2

1*5

2 .1

2 .9

3 .5

4 .4

4 .6

4-64

^. 6

1.9

2*5

3 .2

3 .7

4 .4

4 .6

4*6

5-64

1 .6

1.9

2*3

2 ,9

3 .2

3 .6

3 .5

2 .9

1*2

6-64

1.4

1 .6

2 .0

2 .5

2t7

2 .9

2 .6

1 .9

0 .6

0 .0

291f_7_

•-I.?-

292*0

1.?

2 92.4
293.4
294*1
295.4
295.9
295*9

7-64

1 .0

1 .2

1*5

1.9

1 .9

2 .0

1 .6

0*6

-0*4

^1*2

-2*4

6-64

0 .8

0.9

!• ?

1 .4

1 .4

1*4

1*0

0*2

-0 .8

- 1 .5

—2*2

-2 .0

9-64

0 .8

Of’

1*1

1.3

1.3

1.3

0*9

0 .3

-0 *6

- 1 *0

-1*3

H i. 9

0 .4

ip —64

0 .7

0 .8

1*0

1 .2

1 *?

1 .1

0 .7

0 .2

-0*5

- 0 .9

-1 .1

- 0 .7

0 .0

-0 .4

11-64

0r8

1 .0

1*1

1.3

1 .3

1 .3

1 .0

0 *6

0 .0

-0 .2

-0 .2

0 .3

1 .1

1.4

3 .3

12-64

0 .6

0*9

1-9

If?

1 .2

0 .9

0 .5

-0 . 1

-0 .2

- 0 .3

0 .2

0 .7

0 .6

lt4

^.3

1*2

0*2

0 *1

0 .1

0 .5

1 .0

1 .1

1 .6

If?

295.3
2 9 4 .»
294.9
2 9 4 .8
.....

1-85

0f 6

0*9

1*1

1 .0

0 .7

0*8

0*9

1*1

}.l

1*0

0 .8

0*4

0 .0

-0 * 1

-0 . 1

0 .2

0 .6

0 .7

0 .9

0 .1

0*4

3-65

0 .9

1*0

l.l

1 .3

1.3

1*3

1 .0

0*7

0 .4

0-3

0 .4

0 .7

1 .1

1 .2

1*4

1*1

I* *

9-63 10-63 H - 6 3 12-63

1-64

2-64

3-64

4-64

5-64

6-64

7-64

6-64

I N IT IA L
♦OAT A FOR FOUR MONTHS AGO R EV ISED TO REFLECT LATE REPORTING




2 96.0

2 .0

2-65

...M

2 9 ?t*
2 95,5

- O t*

0 *6

6-63

....

9—64 10-64 11-64 12-64

2 9 5 .7

- 1*2
1*4 _ u 4 * l
1-65

296.7

2-65

*»NTH

PREPARED BY FEDERAL RESERVE BANK OF ST* LO UIS
A P R IL 12* 1965

....

I N D U S T R I A L

RATIO

P R O D U C T I O N

SCALE

RATIO
SEASONALLY ADJUSTED

1967-100

1977

1978

1979

1980

1981

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

SCALE

1967-100

1982

1983

1984

1985

INDICATED.

MARCH PR ELIM IN A R Y
PREPAREO BY FEDERAL RESER VE BANK OF S T .

LOO IS

INDUSTRIAL PROOUCTION
COMPOUNDED ANNUAL RATES OF CHANGE
IN IT IA L MONTH

TERMINAL
MONTH
8-83

9-83 10-83 11-63 12-63

9-83

17.0

10—83

13.3

9.8

11-83

9 .5

6 .0

2 .3

12-83

9 .0

6 .4

4 .7

7 .2

1-64

10 .9

9.5

9 .3

13.0

1-84

2-84

3-84

4-84

5-84

6-64

1967 * 100
7-64

6-64

9-84 10-64 11-64 12—64

1-65

153.6
155.0
155.3
156.2
156.5

19.2

2-84

11.1

9.9

10.0

12.7

15.5

12.0

3-64

10.4

9 .3

9 .2

11.0

12.3

9 .0

6.2

4—64

10.3

9 .4

9 .4

10.8

11.8

9 .4

8.1

10.1

160.0
160.6
162.1

5-64

9*8

8 .9

8 .8

9 .9

10.4

8*4

7.2

7 .7

5.3

6-84

10.0

9 .3

9 .2

10.3

10.8

9 .2

8 .5

9.3

6 .8

12.5

7-84

10.2

9.5

9 .5

10.4

10.9

9 .6

9 .1

9 .8

9 .7

12.0

11.5

162.6
164.4
165.9

6-84

9 .4

8.7

8 .6

9 .3

9 .6

8.2

7 .6

7 .9

7 .4

8.1

6*0

0 .7

9-64

8 .0

7.3

7.1

7 .5

7 .6

6 .2

5 .4

5.3

4 .3

4 .1

1.5

- 3 .2

10-64

7.1

6 .3

6 .1

6 .4

6 .3

5 .0

4 .2

3 .9

2 .9

2 .4

0 .0

- 3 .6

—5 .6

- 4 .3

11-64

6 .8

6.1

5.8

6 .1

6 .0

4 .8

4 .0

3.8

2 .9

2 .5

0 .6

- 2 .0

- 2 .9

-0 .7

3 .0

5.7

5 .4

5 .6

5.5

4 .3

3 .6

3 .3

2 .5

2.1

0 .5

- 1 .6

- 2 .2

- 0 .5

1.5

0 .0

5.3

4 .2

3 .6

3 .3

2 .6

2 .2

0 .6

-0.8

- 1 .2

0 .4

2 .0

1.5

3 .0

0 .5

- 1 .0

- 1 .3

-0.1

0 .9

0 .2

0 .4

-2.2

0 .5

1.5

1.1

1.5

0 .7

12-64

166.0
- 7 .0

1-65

6 .2

5.5

5 .2

5 .4

2-85

5 .7

5.0

4.8

4 .9

4 .8

3 .7

3.1

2 .8

2 .1

1.7

3-65

5 .6

5.0

4 .7

4 .8

4 .7

3 .7

3.1

2 .9

2.2

1 .9

0 .8

-0 .5

-0 .6

9-63 10-63 11-63 12-63

1-64

2-64

3-64

4-84

5-64

6-64

7-64

6-64

8-83

2-65

165.0
164.4

P- PRELIM INARY

APRIL 16* 1965

7

164.6

9-64 10-64 11-84 12-64

IN IT IA L MONTH




164.6

165.2
1 64.9P
3 .7

1-65 ~2-«5

165.4P

P E R S O N A L

RATIO

I N C O M E

monthly totals at annual rates

SCALE

TRILLIONS OF DOLLARS

SEASONALLY ADJUSTED

RATIO

SCALE

TRILLIONS OF DOLLARS

3.

3.5
4
3
2
1
0

9
8

7
6

5
4
3
2
2

1

2

0

.9

1
1

.

.8

I

.7

1 .

.6

.

.5

1

.4
.3
. 2

SOURCE:
PERCENTAGES ARE ANNUAL RATES OF CHANCE FOR PER IO D S
LATEST DATA PLOTTEDt

U .S .

DEPARTMENT OF COMMERCE

INDICATED.

MARCH PR ELIM IN A RY
PREPARED BY FEDERAL RESERVE BANK OF ST.

LO U IS

PERSONAL INCOME
COMPOUNDED ANNUAL RATES OF CHANGE
B IL L IO N S OF
DOLLARS
ANNUAL RATES

IN IT IA L MONTH

TERMINAL
MONTH
8-83
9-83

1 1 .5

10-83

1 2 .6

9-63

10-83

11-83

12-83

1-64

2-84

3-84

4^~84

5^4

6-64

7-84

8-84

9-84

10-84

11-84

12-84

1-85

2-85

2 ,8 1 4 .9

1 3 .7

¿,654.2

11-53--- TT72—TT7I----875“
rr.5

1 1 .5

lò .l

ÏÏV ?

1-84

1 2 .4

1 2 .6

iT v r

1 4.1

1 6 .7

2-84

1 2 .2

1 2 .4

1 2 .Ö

1 3 .2

1 4.Ô

" T I.4

3-84

1 1 .5

1 1 .5

1 1 .1

1 1 .7

1 1 .7

9 .3

Y .2

4-8 4

IT . 5

1 1 .6

n .2

1 1 .è

1T7S-

1 0 .2

9 .6

12-83

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

2 ,9 6 8 .5

1 0 .6

1 0 .2

1 0 .5

10 .2

8 .7

7 .8

6 .1

4 .2

6-84

1 0 .8

1 0 .7

1 0 .4

1 0 .6

1 0 .5

9 .3

8 .8

9 .3

7 .9

1 1 .7

>-64

1 0 .¿

16 .*

1Ó .2 " 1 ^ 7 4 ” 1 0 . 2

9 .2

9 .2

Ô.2

1 0 .5

è .8

5-84

" " 8 .f T

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

8—84

1 Ô .4

1Ó.5

9 .9

1Ô.1

9 .9

Ô .9

Ô .Ô "

è .ò

9 .3

8. 1

7 .4

9-84

1 Ô .5

1Ô .2

9 .9

1 0 .0

9 .8

9 .0

6 .6

6 .9

6 .5

9 .5

6 .5

6 .5

10-84

9 .8

9 .7

9 .4

9 .5

9 .3

*■.5"

8 .1

8 .2 ”

7 .6

8 .3

7 .4

7 .Ò

6 .8

4 .4

11-84

“ ^ .7

9 .5

"9 7 T

6 .1

t.6

8. 1

7 .4

7 .1

7 .0

5.8

12-84

9 .4

9.3

9.Ô

1—85

9 .3

9.1

8.Ô

2—05

9 .0 '

Ö .Ö

ft.T "

3-85

8 .8

8.7

8 .4

8-83

9.1

8 .3

8.8

Ö.1

7 .6 "

8 .6

8 .0

7 . 7

Ö.5

Ö .T "

7 .7

7 .4

774“

Ô .4

Ö .2 -

T.ì>

7 .3

T .y ^

9.Ô

9-83 10-83 11-83 12-83

1-84

" *75

2-84

7 .T ~

3 ,0 6 8 . 3
3 ,0 7 9 . 5
3 ,0 9 7 . 5

7 .5

3 ,1 1 1 .8

7 .8

7 .1

6 .8

6 .6

5 .6

6 .5

5 .7

7 . 7

Y .l

6 .è

6 .7

6 .0

6 .6

6 .2

6 .8

T .ff

7. 3

6 .T

6 .5

5 .7

6.0

5 .6

T . 5

6 .9

7.2

6 .7

6#4

6 .3

5.8

6.1

5.8 “

4-84

5—84

6-84

7-84

8-84

" T .5

"~ t .t

3-84

3 ,0 4 5 .8

3 ,1 2 6 .9
3 ,1 3 9 .9

4 .3

5.8

5.3

6 .3

9-84 10-84 11-84 12-84

1-85

2-85

5,155*9P

IN IT IA L MONTH
PRELIMINARY




PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS
A PR IL 17, l t g S ------------------------------------

8

R E T A I L

RATIO

S A L E S *

SCALE

BILLIO N S

OF

1977

RATIO

DOLLARS

1978

SE A SO N A L LY

1979

1980

BILLIO N S

A D JU STED

1981

1982

1983

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

FEBRUARY,

S .S .

1984

SCALE

OF

DOLLARS

1985

DEPARTMENT Of COMMERCE

INOICATED.

MARCH ADVANCE ESTIM ATE

R E V IS E D FROM 1077.

PREPARED BY FED ERAL RESER V E BANK Of S T .

L O U IS

R ET A IL SALES *
COMPOUNDED ANNUAL RATES OF CHANGE

8- 8 3
9-83

M ILLIO NS OF
DOLLARS

IN IT IA L MONTH

TERMINAL
MONTH
9-83

10-63

11-83

12-83

1-84

2-84

3-64

4-84

5-64

6-84

7-84

8-84

9-84

10-64

11-64

12-64

1-65

2-65

99,534

1 2 .1

100,960

10-63

1 5 .5

1 8 .9

11-83

1 5 .5

1 7 .2

1 5 .5

12-83

1 3 .6

1 4 .1

1 1 .7

8 .1

1-64

1 9 .4

2 1 .2

2 2 .0

2 5 .4

4 5 .6

2-84

1 5 .0

1 5 .6

1 4 .8

1 4 .5

1 7 .9

- 4 .5
- 8 .8

- 1 2 .8

3-84

1 0 .5

4-64

1 3 .8

5-84

1 2 .8

6-84

1 2 .9

7-84

1 0 .0

8-84
9-84

1 0 .3

1 0 2 ,2 0 2

102,867
106*136
105,726
104,525

8 .6

7 .0

6 .6

1 4 .0

1 3 .2

1 2 .8

1 3 .9

5 .0

1 0 .1

3 9 .2

1 2 .9

1 2 .1

1 1 .5

1 2 .2

5 .2

8 .6

2 1 .3

5 .7

1 3 .0

1 2 .3

1 1 .8

1 2 .5

6 .8

9 .8

1 8 .6

9 .5

1 3 .5

9 .8

8 .8

8 .0

8 .0

2 .7

4 .2

9 .0

0 .4

- 2 .1

- 1 5 .5

8 .9

8 .6

7 .7

6 .8

6 .7

2 .0

3 .2

6 .7

- 0 .1

- 2 .0

- 8 .9

- 1 .8

9. 1

8 .9

8 .0

7 .3

7 .2

3 .2

4 .3

7 .5

2 .1

1 .2

- 2 .6

4 .6

1 1 .5

10-84

9 .0

8 .7

7 .9

7 .2

7 .2

3 .6

4 .6

7 .4

2 .9

2 .3

- 0 .3

5 .4

9 .1

6 .9

107,4*3
107,941
109,085
107,563
107,396
106,373
108,974
110,255

11-84

9 .4

9 .2

8 .4

7 .9

7 .9

4 .7

5 .8

8 .3

4 .5

4 .3

2 .6

7 .7

1 1 .1

1 0 .9

1 5 .1

12-84

8 .6

8 .4

7 .6

7 .1

7 .0

4 .0

4 .9

7 .1

3 .7

3 .4

1 .8

5 .6

7 .6

6 .3

6 .0

- 2 .3

1-85

8 .7

8 .5

7 .8

7 .3

7 .3

4 .6

5 .4

7 .4

4 .4

4 .2

3 .0

6 .4

6 .2

7 .4

7 .5

4 .0

10.6

2-85

9 .4

9 .2

8 .6

8 .2

8 .2

5 .7

6 .6

8 .6

5 .9

6 .0

5 .1

8 .4

1 0 .2

9 .9

1 0 .7

9 .3

1 5 .6

3-85

7 .5

7 .2

6 .6

6 .1

5 .9

3 .5

4 .2

5 .8

3 .1

2 .9

1.8

4 .2

5 .1

4 .0

3 .5

0 .6

1 .6

8-65

9-63

10-63

11-83

12-83

1-84

2-64

3-Ô 4 “ ^ - 5 4

5-6*

8-84

9-84

10-64

IN IT IA L

6 —8 4

7-84

110,042

1 1 -8 *“ 1 2 = 6 ^

110,972
20 .8

112,736P

- 2 .3 —2 1 . 0

110,541E

1-65

2-65

1t o t h

♦REVISED i FROM 1 9 7 7 .
P- PRELIMINARY
E- ESTIMATED




_

9

PREPARED BY FÉDÉRAL RESERVE BANK OF S T . U JU IS
A P R IL 11, 1965

HCMBi Y CQMPEfiSATIflN.» BUS1MESS SECTOR

COMPOUNDED ANNUAL lU T C S Of CHANGE

1977*100

2-80

ut
1
CD
o

IN IT IA L QUARTER

TERMINAL
CMIARTFR

4-60

1-81

2-81

3-61

4-61

1-62

2-62

3-62

4-62

1-63

2-63

3-63

4-80

9 .3

9 .4

1-81

9 .8

10.0

10.7

2-81

9 .2

9 .1

9 .0

7 .4

3-81

9 .3

9 .3

9 .3

8 .7

1-64

2-64

3—64

4-64

135.7
139.2
141.7
145.1

9 .9

147.6

4-81

8 .9

8 .9

8.8

8 .1

8 .5

7.1

1-82

9 .2

9 .2

9 .2

8 .6

9 .2

8 .9

10.7

2-82

8 .9

8 .8

8.8

8 .4

8 .6

8 .2

8 .7

3-82

8 .7

8 .7

8 .6

8 .2

8 .4

8 .0

8 .3

7.1

7 .5

4-82

8 .3

8.2

8 .0

7 .7

7 .7

7 .3

7 .3

6 .2

5 .9

4 .4

6.8

6 .8

5.8

5 .5

4.5

4 .6

151.4
153.9

6 .8

156.7
158.4
160.2

1-83

8 .0

7 .8

7 .7

7 .3

7 .3

2-83

7.4

7 .3

7.1

6 .7

6 .6

6 .1

6 .0

5 .0

4 .6

3.7

3 .3

2 .0

161.0
161.8

3-83

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

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

4 .7

6.1

6 .2

6 .1

5 .7

5 .6

4 .9

4 .7

6 .9

6 .7

6.5

2-84

6 .6

6 .4

6 .2

5 .9

5 .7

5 .4

5.2

4 .6

4 .3

3-84

6 .5

6 .3

6.1

5.8

5.6

5 .3

5.1

4 .6

4 .3

4 .5

4 .3

1-84

4-63

132.7

3-80

9 .2

164.2
166.7

6.2

4 .2

4.1

3.9

3 .8

3 .6

4 .0

4 .7

4.1

1.9

3 .9

3 .9

3.8

4 .1

4 .6

4 .2

3 .1

4 .4

4 .0

3 .9

3.8

4 .1

4 .6

4 .2

3 .5

4 .3

4 .3

4 .2

167.5
169.3
171.1

4-84

6 .3

6.2

6 .0

5 .7

5.5

5 .2

5.0

1-85

6 .3

6.1

6.0

5 .7

5.5

5 .2

5.1

4 .6

4 .5

4 .2

4 .1

4.1

4 .4

4 .8

4 .5

4 .1

4 .8

5 .0

5 .7

2—80

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-62

4-82

1-83

2-63

3-83

4-83

1-84

2-84

3-64

4-64

4-83

1-84

2-84

3-64

4-64

1 7 3 .5P

IN IT IA L QUARTER
P- PRELIMINARY

OUTPUT PER HOUR OF ALL PERSONS, BU SIN ESS SECTOR
COMPOUNDED ANNUAL RATES OF CHANGE
TERMINAL

IN IT IA L QUARTER
2-80

3-80

3-80

4-80

1-81

2-81

3-61

4-81

1-82

2-62

3-62

4-62

1977*100
1-83

2-83

3-83

98.8

1 .6

4-60

1.2

0 .8

1-81

2 .9

3 .5

2-61

2 .2

9 9 .Ö
100.5

6 .2
3.3

3-81

2 .5

4-61

1.3

1.2

1.3

1-82

1.4

1 .4

1.5

2-82

1.0

3-62

1.1

100.6

0 .4

101.5

3 .6

3 .4
—0 .3

—0 .6

—4 .6

0 .4

- 1 .2

100.3
100.9

2 .4

1 0 0 .i

-0.3

- 1 .6

-2 .4

1.1

1.1

0 .2

- 0 .6

0 .0

2 .4

0 .7

0 .1

1.3

0 .9

2 .6

2.6

0 .9

0 .5

1.5

1.3

2 .5

2.6

2 .4

0 .9

4-62

1 .3

1 .2

1.3

1-83

1.4

1 .4

1.4

2-63

1 .7

1 .7

3-63

1.6

4-63

1 .8

- 0 .2

100.9
101.6
1 Ö J.2
103.6

1.6

1.4

1 .5

1 .2

2 .2

2 .1

3 .3

3.6

4 .0

5 .6

1 .9

1.5

1.6

1 .4

2 .3

2 .2

3 .2

3 .4

3 .6

4 .2

2 .7

1.6

1 .9

1 .5

1*6

1 .4

2 .2

2 .1

2 .9

3.0

3 .1

3 .3

2.1

104.3
1Ó4.7

1.5

1-64

1 .9

1 .9

2 .0

1 .7

1*6 1.6

2 .4

2 .4

3 .0

3 .1

3 .2

3 .4

2 .7

2 .7

3 .9

2-64

2 .1

2 .1

2 .2

1 .9

2*1

2 .6

2 .6

3 .3

3 .4

3 .5

3 .7

3 .3

3 .5

4 .4

5 .0

2 .5

3 .0

3.1

3 .1

2 .5

3 .0

3 .1

3 .1

2 .1

2.6 2.6

2 .5
4-62

1-63

2-63

3-64

2 .0

4-64

2 .1

1-65

2 .1

2*1

1 .9

1 .9

2.2
2.0

2-tO

3-60

4-fO

1 .9
1 .9
1 .7
1-61

2*0
2*0
1*6
2 - tl

l.f
i.O

2 .4

1 .9

2 .5

1 .7
* - il

4 - fl

1-82

2~62

3-#2

105.7
107.0
107.2

2 .6

2.6

3 .2

2 .9

3 .Ì

¿ .è

2.6

3.2

2 .9

1 .9

3 .4

2.6“

T .T

1 .7

Ó.6

0 .6

- 1 .6

1-64

2-64

3-64

4-64

3 .2

2.6 - T .T "
3-63

4-63

0 .7

106.0
1Ö7.5P

IN IT IA L QUARTER_________________________ _____________________________________
P- PRELIMINARY




PREPAREO 6Y FEDERAL RESERVE SANK OF S T • LO UIS
A W lim # W 5
---------------------------------

10

P R O D U C T I V I T Y , COMPENSATION, AND LABOR COSTS
RATIO SCALE
1977-100

RATI O SCALE
1977-100

SEASO NALLY AD JUSTED

SOURCEi *.S. IEPARTMCNT Of LAiO*
PERCENTAGES ARC AM* AI RATES Of CHANCE FOR PE* IOCS I MOICATED.
LATEST »ATA PLOTTED. 1ST tlARTER PRELI Ml MARY
PREPARED IY FEDERAL RESERVE SANK Of ST. LOVIS

____________________ WIT LABOft COSTS t

SttTOft_________________

CO N PÜU N O ED AN N UAL R A T E S

TERMINAL

Of

CHANGE

IN IT IA L QUARTER

1 9 77-1 00

QUARTER________________________________________ ____________________________________________________________________________________________________________________________________________________________

2-80
3-80

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-62

4-82

1-83

T
*

o

8.2

4-83

1-64

2-64

3-64

4-84

137.1
138.5

1-81

6.8

6 .2

4.1

6 .9

6 .5

5 .6

7.1

3-81

6 .7

6 .3

5 .7

6 .5

140.9
5.8

142.9

"1 4 ?.t"

4-81

7 .6

7 .5

7 .3

8 .4

9 .0

12.3

1-82

7 .7

7 .6

7 .5

8 .3

8 .7

10.2

8.1

2-82

7 .9

7 .8

7.8

8 .5

8 .9

9 .9

8 .7

9 .4

3-82

7 .6

7 .5

7 .4

7 .9

8 .1

8 .7

7 .5

7 .2

4-82

6 .9

6 .8

6 .6

7 .0

7 .0

7 .2

6 .0

5 .3

3.3

1.6

1-83

6 .5

6 .4

6 .1

6 .4

6 .3

6 .4

5 .2

4 .5

3 .0

1.9

2 .3
-3.5

5 .6

5 .4

3-83

5.1

4 .9

4 .6

*-8 3

5.1

4 .9

4 .6

4 .7

4 .4

4 .4

1-84

3-83

134.4
8 .3

2-81

2-83

2-83

8*1

4 .9

5.1

5 .3

5 .0

4 .9

4 .6

4 .4

4 .2

4 .6

4 .4

4 .2

4 .2

4 .0

150.0
153.4

Ï5573

5 .0

155.9
156.6
155.4

2 .9

1.3

0.1

-0 .6

3*1

2 .3

0 .9

-0.1

- 0 .7

-2.2

-0.8

3 .2

2 .6

1.5

0.8

0 .6

0 .0

1.8

4 .5

2 .5

1.6

1.0

0 .9

0 .6

2 .0

3 .4

2 .3
- 3 .0

3 .7

3.1

155.1
156.6
157.7

2-84

4 .4

4 .1

3 .9

3 .8

3 .6

3 .4

2 .5

1.9

1.0

0.4

0 .3

-0.2

0 .7

1.2

- 0 .4

3-84

4 .4

4 .1

3 .9

3 .8

3 .6

3 .4

2 .6

2 .1

1.3

0.9

0 .8

0.5

1.3

1.9

1 .0

0 .4

3 .9

4—84

4 .2

3 .9

3 .7

3 .6

3 .4

3 .2

2 .5

2 .0

1.3

0.9

0 .8

0 .6

i. i

t.f

1.6

0 .6

2 .4

1.0

1-85

4 .4

4 .2

3 .9

3 .9

3 .7

3 .5

2 .9

2 .5

1.9

1.6

1.6

ui

2 .3

4 .i

4 .4

776

MO

3-60

4**99

3-61

4-81

1-82

2-82

3-62

4-82

1-83

1-64

2-64

3-84

4-64

a

\ -n

2 .T "
2-63

3-83

4-83

156.5
156.0
T O .4
U17W

IN IT IA L QUARTER
P- PRELIM INARY__________________________________________________________ _______________________________________________________________________________________________
PREPARED BY FEDERAL RESERVE BANK OF S T . LO U IS

-------------------------------------------------------------------------------------------------------------- -------------------- A M iirzrri* « * ------------------------------------------------


11

GROSS NATIONAL PRODUCT IN CURRENT DOLLARS
T E R M IN A L
Q U A R T ER

IN IT IA L

3 -60

-¿ —80

4 -80

1 -81

2 -81

3-81

1 -8 2

4-81

3 -82

2-82

B IL L IO N S OF
D O LI AR<;
AN N UAL R A T E S

OU ART F R

4 -62

1—83

2 -8 3

4 -8 3

1-64

2 -8 4

3 -6 4

4 -8 4

9 .7
4_-eo

.1 2 . 6

2 .6 3 9 -1
..15*5

2 .7 3 6 -0

1-81

* 5 .6

1 8.7

2 2 .1

.

2 -e i

1 3 fZ

JL* .3

- L it7

6 .0

.

3-61

13 » l

_1A*Q

1 3 .5

9 .5

1 3.1

4-81

U .3

1 1.6

1 0 .7

7 .1

7 .7

2 .5

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

1—82

9 .6

9 .5

8 .4

5 .2

5 .0

1.1

2 -6 2

9 .0

8 .8

7 .8

5 .1

4 .9

2 .3

2 .2

4 .7

3 -62

8 .2

8 .0

7 .0

4 .7

4 .4

2 .4

2 .3

3 .6

4 -8 2

7 .8

7 .6

6 .6

4 .6

.4 .3

2 .7

2 .7

3 .7

3 *2

3 .9

1 -6 3

7 .8

7 .7

6 .8

5 .1

4 .9

3 .6

3 .8

4 .9

4 .9

6 .2

2 -6 3

_ 8 .2

8 .1

7 .4

5 .8

5 .8

4 .8

5 .2

6 .3

6 .7

8 .2

1 0 .4

1 2 .3

3_-63

_ 9 t?

8 .2

7 .6

6 .3

6 .3

5 .5

5 .9

6 .9

7 .4

8 .7

1 0 .3

1 1 .2

1 0 .1 _

3 .3 4 6 .6

4-63

8 .5

8 .4

7 .8

6 .6

6 .7

6 .0

6 .5

7 .5

7 .9

9 .0

1 0 .4

1 1 .0

1 0 .3 _ 1 0 .6

3 .4 3 1 .7

_

.

- 0 .3

3 .0 2 6 .0
3 . 0 6 1 .7
2 .5

3 . O A O .1
3 .1 0 9 .6
8 .5

3 . 1 7 3 .8

3 .2 6 7 .0

1-64

8 .9

8 .9

8 *4

7 .3

7 .4

6 .9

7 .4

8 .4

8 .9

1 0 .0

1 1 .3

1 2 .0

1 1 .9

1 2 .7

1 4 .9

2-84

9 .0

9 .0

J3 . 5

7 .6

7 .7

7 .2

7 .7

8 .6

9 .1

1 0 .1

1 1 .2

1 1 .7

1 1 .6

1 2 .0

1 2 .8

1 0 .7

3-64

8 .8

8 .8

8 .3

7 .4

7 .5

7 .1

7 .5

8 .3

6 .7

9 .5

1 0 .4

1 0 .7

1 0 .3

1 0 .4

1 0 .3

8 .1

5 .6

4-84

8 .7

8 .7

8 .3

7 .4

7 .5

7 .1

7 .5

8 .2

8 .6

9 .3

9 .9

1 0 .1

9 .8

9 .7

9 .5

7 .8

6 .4

7 .1

1-85

8 .6

8 .6

8 .2

7 .4

7 .4

7 .1

7 .4

8 .1

8 .4

9 .0

9 .6

9 .7

9 .3

9 .2

9 .0

7 .5

6 .5

6 .9

6 .7

2-80

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-82

1-8 3

2-83

3-83

4-83

1-64

2-84

3-84

4-64

IN IT IA L
P-

4- 8 2

3 .5 5 3 .3
3 .6 4 4 .7
3 .6 9 4 .6
3 .7 5 8 * 7
3 * 8 1 9 .9P

QUARTER

P R E L IM IN A R Y

G R O SS N A T IO N A L PROD UCT I N
COMPOUNDED AN N UAL R A T E S
T E R M IN A L
QUARTER

IN IT IA L
2-80

3-80

4-60

1-81

2-81 _

3-81

4-61

1-82

2-82

197 2 D O L L A R S
Q F C H A N G E ___
B IL L IO N S OF
DO LLA RS
AN N UAL R A T E S

QUARTER

3-82

4-62

1-83

2-63

3-83

4-63

1-64

2 - a 4 _ 3-84

4-84
1 .4 6 4 .2

3-60

0 .8

4-60

2 .3

3 .8

1-61

4 .8

6 .8

1 0 .0

2-61

3 .4

4 .3

4 .6

- 0 .5

3-81

3 .3

4 .0

4 .0

1 .1

2 .8

4-61

1 .8

2 .0

1 .6

- 1 .1

- 1 .4

- 5 .4

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

1-62

0 .9

0 .9

0 .3

- 2 .0

- 2 .5

- 5 .0

- 4 .7

2-62

0 .7

0 .6

0 .1

- 1 .7

- 2 .1

- 3 .6

- 2 .8

- 0 .8

3-82

0 .5

0 .4

0 .0

- 1 .6

- 1 .8

- 3 .0

- 2 .1

- 0 .9

1 .4 6 0 .5
- 0 .9

1 .4 7 7 .1
1 .4 7 8 .8

4-62

0 .5

0 .4

0 .0

- 1 .3

- 1 .5

- 2 .3

- 1 .5

- 0 .4

- 0 .2

1-63

0 .7

0 .7

0 .4

- 0 .7

- 0 .8

- 1 .4

- 0 .5

0 .5

0 .9

1 .9

3 .3

2-63

1 .4

1 .5

1 .3

0 .3

0 .4

0 .1

1 .0

2 .2

3 .0

4 .3

6 .3

3-63

1 .8

1 .9

1 .8

3 .0

3 .7

4 .9

6 .5

6 .1

6 .8

4-63

2 .1

2 .2

2 .1

1 .4

1-64

2 .6

2 .8

2 .7

2 .1

2-84

2 .9

3 .0

3 .0

2 .5

2 .7

1 .0

1 .1

0 .5

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

9 .4 .

1 * 5 5 0 .2

0 .9

1 .8

1 .6

1 .5

2 .4

3 .4

4 .1

5 .1

6 .3

7 .4

6 .4

5 .9

2 .3

2 .3

3 .2

4 .2

4 .9

6 .0

7 .1

8 .0

7 .6

8 .0

1 0 .1

2 .7

3 .6

4 .5

5 .2

6 .1

7 .1

7 .9

7 .5

7 .7

8 .6

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

1 .6 3 6 * 6

3-64

2 .8

3 .0

2 .9

2 .4

2 .6

2 .6

3 .4

4 .2

4 .8

5 .5

6 .3

6 .8

6 .3

6 .1

6*2

4 .3

It *

4-64

2 .9

3 .0

3 .0

2 .5

2 .8

2 .8

3 .5

4 .2

4 .7

5 .4

6 *0

6 .4

5 .9

5 .7

5 .7 *

4 .3

2*9 _

4 t2 _

1 —6 5

2 .8

2 .9

2 .9

2 .5

2 .7

2 .6

3 .3

4 .0

4 .4

5 .0

5 *5

5 .8

5 .3

5 ,0

4 .8

3 .5

2 .4

2 .8

1*4

2-80

3-80

4-80

1-81

2-81

3-61

4-81

1-82

2 - 82

3-82

4-62

1-83

2-83

3-83

4-63

1-64

2-64

3-84

4-84

IN IT IA L
P-

l» 6 4 ? t 2

1 .6 6 2 * 4
1 . 6 6 6 . OP

Q U A RTER

P R E L IM IN A R Y




PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS
APRIL 18, 1965

12

GROSS

N A T IO N A L

PRODUCT

RATI O SCALE
QUARTERLY TOTALS AT ANNUAL RATES
R A T I O SCA L E
T R I L L I O N S OF DOLLARS
SEASONALLY ADJUSTED
T R I L L I O N S OF DOLLARS
4.2
. 1
. 0

.9
. 8

.7
. 6

.5
.4
.3
.

2

.

I

. 0

.9
. 8

.7
2 .

. 6

2 .

.5

2 .

2. 1

2 .

2

I .9

2 .

2 .

I

2 .

I

. 0

.8

1 .7
.
1

. 6

1 .5
I

.4

1 .3
1

1977

1978

1979

1980

1981

1982

1983

1984

1985

SOURCE: U. S. DEPARTMENT OF COMMERCE
PERCENTAGES ARE ANNUAL RATES OF CHANGE FOR PERIODS INDICATED.

L A T E S T DATA P L O T T E D ,




1ST QUARTER PRELIMINARY pREpAR£0 BY F£D£RAL RESERVE BANK OF S T . L OUI S

13

.

2

G E N E R A L

RATIO

P R I C E

I N D E X *

SCALE

RATIO

1972-100

1977
*A S USED

SCALE

197 2-1 00

1978

1979

IN NATIONAL

1980

1981

INCOME ACCOUNTS

1983

SOURCE:

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

1982

U .S .

1984

1985

DEPARTMENT OF COMMERCE

INDICATED.

1ST QUARTER PR ELIM IN A RY
PREPARED BY FEDERAL RESER VE BANK OF ST .

LO U IS

IM P L IC IT PRICE DEFLATOR FOR GROSS NATIONAL PR00DCT
___________ COMPOUNDED ANNUAL RATES OF CHANCE_____________
IN IT IA L QUARTER

TERMINAL
QUARTER

2-Q£__ 3 ~ 8 Q __ 4 ~ 8 Q___L=ftl___2 - 8 1 ___3 - 8 1 __ * - 8 1___1~82__ 2=Â2___3-82__ 4-62

1972
1-8 3__ 2-83

3-83

4-83

1-64

2-84

3-84

100

4-84

8.3—

3-6Q

____LCLti___11 * 3
iT & l

10.4

185.13

11»!

11*0

190.01

3-ei

9 .5

9.7

9 .2

8 .3

1 0 .0

4-81

9 .3

9 .4

8 .9

8 .3

9 .2

8 .3

1-82

8 .6

8.6

8 .1

7 .4

7 .6

6 .5

2 —62

8 .2

8.2

7 .6

7 .0

7 .1

6 .2

5.1

5.6

3-82

1 .1

7 .6

7*0

6*4

6*4

5.5

4 .5

4 .5

3.4

4-82

7 .3

7.1

6 .6

6 .0

5 .9

5.1

4 .3

4.1

3.4

3 .4

1 9 7 .7 0

*201.69
4 .6

203.98
206.77
206.53
210.27

1-83

7*1

6*9

6*4

.5.8

5*7 __ 5.1

4 .4

4 .4

4.0

4 .2

5 .0

2-83

6 .7

6.5

6*0

5 .5

5.4

4 .7

4 .1

4 .0

3 .6

3 .7

3.8

2 .6

3-63

6 .4

6.2

5 .7

5*2

5*1

4 .5

4 .0

3.9

3.5

3 .5

3 .6

2 .9

4-63

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

4 .4

1-64

6.1

5.9

5 .5

5 .1

5 .0

4 .5

4 .1

4 .0

3.Ô

3.8

3.9

3 .6

4 .0

4 .4

4 .4

2-84

6 .0

5.8

5*4

5 .0

4 .8

4 .4

4 .0

3.9

3*7

3 .7

3.8

3 .6

3 .8

4 .0

3 .9

4 .3

212.87
214.25
3.1

215.89
218.21
220.58
222.40

3.3

5.8

5.7

5*3

4 .9

4*8

4 .0

3.9

3.7

3.8

3.8

3 .6

3 .8

4 .0

3 .9

3.7

4 .0

5 .7

5.5

5.1

4 .7

4 .6

3 .9

3.8

3.6

3 .7

3*7

3*5

3*7

3*8

3*6

3*4

3*4

2*8

1-85

5 .6

5.5

5.1

4 .8

4*7

4 .0

3.9

3.9

3 .8

5*9

3*7

3*9

4*0

3*9

3*6

4*0

4*0

5*2

2-80

3-60

4-80

1-81

2-81

1-82

2-82

3-82

4-62

1-83

2-63

3-83

4-63

1-64

2-64

3-84

4—64

3-81

*
1
00

3-64
4-64

224.57
226*10
229.01P

IN IT IA L QUARTER
P- PRELIM INARY




14

PREPARED BY FEO S UL RESERVE BANK OF ST* LOUIS
APRIL IB • 1985

PERSONAL CONSUMPTION EXPENDITURES IN CURRENT DOLLARS
___________ COMPOUNDED ANNUAL RATPC OP CHAMC.F________________________________________ ____________________
_ icrsn iru ii
Q U A RTER

B IL L IO N S OF
D O LLA RS
ANNUAL R A T E S

-LLAL Í & JA R T ER
- ¿r.atf

4-80

1-81

2-81

3-81

3- B O

1 4 .6 .

.4-60

_14_*7

1 4 .6

\~ßl

I4 t ?

.Ji* L

1 3 .5

2-81

1 2 .5

1 1 .7

1 0 .3

7 .2

3-61

1 2 .2

1 1 .5

1 0 .5

9 .0

1 0 .9

4 —01

1 0 ,6

9 .8

8 ,6

7 ,0

6 .9

3 ,1

1-62

1 0 .3

9 .6

8 .6

7 .4

7 .5

5 .0

4-81

1-82

2-82

_ 3-02

4-02

1-03

2-03

3-03

4 -0 3

1-04

2-04

3-04

4—ft4

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

1 .9 3 1 .3

. I t 62

9 .8

9 .1

8 .2

7 .2

7 .2

6 .0

7 .4

6 .3

3-82

9 .7

9 .0

8 .3

7 .4

7 .5

6 .6

7 .8

7 .4

8 .5

4-82

9 .ó

9 .1

8 .4

7 .7

7 .8

7 .1

8 .2

8 .0

8 .9

1-83

9 .2

8 .6

8 .0

7 .3

7 .3

6 .7

7 .5

7 .2

2-83

9 .6

9 .1

8 .6

8 .1

8 .2

7 .8

8 .6

8 .6

3-83

9 ,5

9 .0

8 ,5

8 .0

8 .1

7 .8

8 .5

4-83

9 .4

9 .0

8 ,2

8 .2

8 .0

8 .6

8 ,6

1 .9 6 0 .9
2 .0 0 1 .3
9 .3

2 .0 4 6 .1

7 .5

7 .0

4 .8

2 .0 7 0 .4

9 .2

9 .5

9 .6

1 4 .5

8 .5

8 .9

9 .0

8 .9

1 1 .0

8 .6

9 .0

9 .0

9 .0

1 0 .4

2 .1 4 1 .6
2 .1 8 1 .4

7 .6
8 .4

9 .3

2 .2 3 0 .2
2 .2 7 6 .5

1-84

9 .4

9 .0

8 .6

8 .2

8 .3

8 .0

8 .6

8 .6

8 .9

9 .0

8 .9

1 0 .0

8 .5

8 .9

8 .6

2-04

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 .4

1 0 .2

3-84

9 .2

8 .8

8 .5

8 .1

8 .2

7 .9

8 .4

8 .4

8 .6

8 .6

8 .5

9 .2

8 .1

8 .3

7 .9

7 .6

4-84

9*0

8 .7

8 .3

8 .0

8 .0

7 .8

8 ,2

8 ,2

8 .4

8 ,3

8 ,2

8 ,7

7 ,8

7 ,8

7 .5

7 ,1

5 .5

6 ,1

1-85

8 .9

8 .6

8 ,3

8*0

8 ,0

7 ,8

8 ,2

8 ,1

0 i3

8 ,3

8 ,2

8 ,6

7 ,8

7 .8

7 ,6

7 ,3

6 ,3

7 ,0

8 ,0

2-80

3-80

4-00

1-01

2 - 81

3-81

4-81

1-82

2-82

3-82

2-03

3 - 83

4-03

1-04

2-04

3-84

4-04

IN IT IA L

4-02

1-8 3

2 .3 3 2 .7
2 .3 6 1 .4

5 .0

2 .3 9 6 .5
2 .4 4 2 .0 P

Q UARTER

P - P R EL IM IN A R Y

P E R S O N A L C O N S U M PT IO N E X P E N D IT U R E S I N 197 2 D O LLA R S
_____________COMPOUNDED AN N UAL R A T E S QF CHANGE_____________
T E R M IN A L
Q U A R T ER

IN IT IA L

AN N UAL R A T E S
2-80

3-80

4 .3

4-00

4 .5

1-81
2-81

B I L L I O N S OF
D O LLA RS

Q UARTER

3 .2

3-00

4-80

1-81

2-ai

3-81

4-01

1-02

2-02

3-02

4 -0 2

1-83

2 -8 3

3 -0 3

4—A3

2-84

3—A4

4—ft4

929-4
4 .6
4 .5 .

4 .4

2 .8

1 .9

9 5 0 .2
- 0 .5

9 4 9 .1

3-81

3 .1

2 .8

2 .2

1 .2

2 .8

4-81

2 .0

_ 1 ,5

0 .7

- 0 .5

- 0 .5

- 3 .7

1-82

2 .1

1 .7

1 .2

0 .4

0 .6

- 0 .4

2 .9

W * 7
9 4 6 .fi
< «3-7

2-82

2 .1

1 .8

1 .3

0 .7

1 .0

0 .4

2 .6

2 .2

3-82

2 .1

1 .9

1 .5

1 .0

1 .3

0 .9

2 .5

2 .2

2 .2

4-82

2 .4

2 .2

1 .9

1 .6

1 .9

3 .1

3 .2

3 .7

9 6 4 .2
5 .1

9 7 6 .3
9 6 2 .5

1-83

2 .4

2 .2

2 .0

1 .7

2 .0

1 .9

3 .0

3 .0

3 .3

3 .8

2 .6

2-83

3 .0

2 .9

2 .8

2 .6

3 .0

3 .0

4 .1

4 .4

4 .9

5 .8

6 .2

1 0 .0

3-83

3 .1

3 .0

2 ,9

2 .7

3 ,1

3 .1

4 .1

4 .3

4 .7

5 .3

5 .4

6 .9

3 .0

4-03

3 .4

3 .3

3 .2

3 .1

3 .4

3 .5

4 .4

4 .6

5 .0

5 .6

5 .7

6 .8

5 .3

6 .0

1-84

3 .4

3 .4

3 .3

3 .2

3 .5

3 .6

4 .4

4 .6

5 .0

5 .5

5 .5

6 .3

5 .1

5 .7

4 .6

2 —8 4

3 .7

3 .7

3 .6

3 .5

3 .9

4 .0

4 .8

5 .0

5 .3

5 .0

5 .9

6 .6

5 .0

6 .4

6 .3

3-64

3 .5

3 .5

3 .4

3 .3

3 .6

3 .7

4-84

3 .5

3 .5

3 .4

3 .4

3 .6

3 .7

1-85

3 .6

3 ,6

3 .5

...lt .*

3 t7

2-80

3-00

4-00

1-01

2-01

3-B1

_

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

1 .0 6 4 .2

4 .4

4 .5

4 .0

5 .1

5 .1

5 .6

4 .7

5 .0

4 .3

4 .2

0 .6

4 .3

4 .5

4 .7

5 .0

5 .0

5 .3

4 .5

4 .7

4 .2

4 .0 _

2 .1

4 .4

4 .5

4 ,7

4 ,9

4 ,9

5 .2

4 .6

4 .7

4 .3

4 .2

4-01

1-02

2-B2

3-02

4-02

1—6 3

2-03

3-03

4-63

1-64

IN IT IA L
P-

1 —04

2-64

1 .0 6 5 .9
3 .6

1 .0 7 5 .4

4 .2

4 .7

3-64

4-64

1 .0 6 7 .9 P

Q UARTER

P R E L IM IN A R Y




PREPARED BY FEDERAL RESERVE BANK OF S T . LOUIS
APRIL I B , 1*65

6ROSS PRIVATE DOMESTIC INVESTMENT IN CURRENT DOLLARS
TERMINAL
QUARTER

IN IT IA L
2-BO

3-80

4-80

1-81

3-eo

-•14.2

4 rflQ

9 .0

38.5

l-e i

25.7

52.1

67,1

2-61

22.0

37.2

36.6

11.6

3-61

22.0

A—61

2-81

3-81

4 -8 1

1-82

2-82

B IL L IO N S OF
CM1AftTPO

3-ft?

4 -8 2

Dm 1 AR Ç

1—ft 3

ANNUAL RATES
2 -«3

3 -A 3

4 -Ä 3

1 —6 4

2 -A 4

3 -A 4

4 -A 4

370 «5
411 « 7
4 6 8 .1

33.3

31.6

1 6 .8

2 1 ,0

17,0

3.9

481 . 1
2 2 .2

505-8

0 .2 -17.7

461.7

lr * Z

5 .9

9 .7

4 .7

-6.8 -12.2 -25.6 -32.8

2-62

4 .6

7.6

3.1

- 6 .4 -1 0 .4 -19.2 -19.9

-4.5

431 . 2

0 .6

-7 .6 - 1 1 .0 -17.8 -17.8

-9.1 -13.5

4 1 5 .9

3-62

2 .4

4 .7

4-82

- 1 .9

-0 .4

1-63

1.0

2.6

4 3 6 .2

-4 .4 -11.7 -1 5 .1 -21.1 -21.9 -17.9 -23.9 -33.1
-0 .7

- 7 .0

- 9 .4 -13.8 -13.0

6 ,4

3 .6

-1 ,8

-3 .3

9.0

6 .7

2 .0

1.0

A—83

9 .4

11.5

9 .5

5 .3

4 .7

1-84

13.0

15.3

13.6

10.0

9 .9

2-64

12.3

14.3

12.8

9 .4

9 .2

-6. 5

-5 .2

3 7 6 .2
3 4 .3

4 0 5 .0

-4 .5

2.5

4.3

10.9

42.8

51.9

1.2

8.3

11.1

18.3

43.0

47.5

43.3

3.0

5 .9

13.0

16.2

2 3 .2

43.5

46.8

44.3

45.2

8 .7

12.2

19.6

23.5

3 1 .0

49.9

54.0

54.7

60.8

8.1

11.1

17.5

20.6

26.4

40.6

41.9

39.5

38.2

34.8

2.1

-1,4

4 4 9 .6

491.9
5 4 0 .0

623 .8

«0

4 .5
7 .0

-8.0

r*-

2-83
3-63

-7.2

627 .0

3-64

13.0

15.0

13.5

10.4

10.4

9 .4

12.3

18.2

21.1

2 6 .2

38.2

38.9

3 6 .4

34.7

31 .4

12.9

4 -8 4

11,3

13.0

11.6

8 ,6

8 .4

7 ,4

9 ,8

14,8

17,0

20,9

30,2

29,6

26,3

23,1

18,1

3.0

3,5 -14.3

1-85

11,4

13,0

11,6

8 .9

8 ,7

7 ,8

10,0

14,7

16,6

20,1

28,2

.2 7 ,4

24.2

21,3

1 7 ,0

5,4

6 .5

-1 .6

12,9

2-80

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2 -8 2

3-82

4-82

1-83

2-8 3

3-83

4-83

1 -8 4

2-84

3-84

4 -8 4

24.9

662.8
637.8
657,4P

IN IT IA L QUARTER
P- PRELIM INARY

G R O S S P R I V A T E D O M E S T I C I N V E S T M E N T IN 1 9 7 2 D O L L A R S
___________C O M P O U N D E D A N N U A L R A T E S Q P C H A N G E ___________
TERMINAL
QUARTER
2-80
3—60

B IL L IO N S OF
DOLLARS
ANNUAL RATES

IN IT IA L QUARTER
3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-ft?

4-82

1-83

2—03

3—ft 3

4-83

1-84

2-84

3-84

4-84
197.4

-9 .5
28.1

210.0

4-60

7 .7

1-81

17.6

34,0

40,2

2-61

15.0

2 4 .6

22.9

7 .7

3-61

14.0

20.8

18.5

8 .9

4-81

6 .9

10,5

6 ,5

-2 ,8

1-62

0 .6

2 .5

- 2 .0 -1 0 .4 -15.8 -26.3 -29.9

2-82

-0.5

0.9

-3.1 -10.0 -13.9 -20.7 -19.7

-8.1
-9.9 -11 .6

228.5
232.8
10.2

238.5

-7 .7 -22.6

223 .7
204.7
200.4

3-62

-1 .8

-0 .8

—4 . 3 -10.2 -1 3 .5 -18,5 -17.1

4-62

-5 .1

-4 .5

- 8 .0 -1 3 .4 -1 6 ,4 -20.9 -20.5 -17.1 -21.3 -29.9

1-63

-2 .0

-1 .2

-4.1

2-83

1 .7

2,7

0 .5

-3 .2

-4 .4

-6.4

-3.3

3-63

4 .1

5.3

3 .5

0 .4

-0 ,4

-1.7

1.8

4-63

6 .2

7.5

5 .9

3 .2

2 .8

2.0

5 .6

1—84

9 .6

11.1

9 .9

7 .7

7 .7

7.5

11.5

-8 .5 -10.6 -13.7 -11 .8

-6.5

194.3
177.a

-6.0

-3.1

34.0

191.3

3.1

6.1

12.8

43.0

5 2 .5

8.3

11.9

18.7

41.4

45.3

38 .4

12.0

15.7

22.1

40.3

42.5

37.7

37.0

18.1

22.4

29.2

46.1

49.2

48.2

53.3

71.5

212.6
230.6
249.5
2A5-5
283.9

2-64

8 .8

10.2

9 .0

6 .9

. 6 ,6

6 .5

10.0

15.6

19.0

24.2

36.6

3 7 .1 __3i^5_ 31.9

2 9 .5

—2*2

3-64

9.7

11.0

10.0

8 .1

8 .1

8.0

11.3

16.6

19.7

24.3

34.9

35.0

3 1 .8

30.2

2 8 .0

10.6

4-64

8.3

9.5

8 .4

6 .6

6 .5

6.2

9 .0

13,5

15.9

19.5

27.7

26.8

2 3 .0

20.1

16.2

2.1

4.3 -13.0

1-65

8,3

9,4

8,4

6 ,6

6 ,6

6.3

8 .9

1 3 ,0

15,2

18,3

25,3

_24*2

2 0 ,7

16,0

14.5

3.5

5.5

-3,1

8 ,0

2-80

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-82

4-82

1-63

2-63

3-83

4-83

1-84

2-84

3-84

4-64

25.0

300.2
269. 9
2 9 5 .5P

IN IT IA L QUARTER
P- PRELIMINARY




PREPARED BY FEDERAL RESERVE BANK OF ST* LOUIS
APRIL IB . 1965

GOVERNMENT PURCHASES OF GOOOS ANO SERVICES IN CURRENT DOLLARS
COM POU N u tD ANNUAL RATES Ci r CHAIPttifc-B I L L I O N S OF

TERMINAL

.

IN IT IA L

DOLLARS

QUARTER

QUARTER

ANNUAL R AT ES

2-80

3-80

4-60

1 -6 1

2 -8 1

3 -8 1

4 -8 1

1 -8 2

2 -8 2

4—62

3 -8 2

1 -8 3

2 -8 3

3 -6 3

4 —6 3

1 -6 4

2 -8 4

3 -8 4

4 -6 4

3-60

2_«_7

4 -8 0

9 .0

15.6

5 5 9 -0
5 7 6 .6

5 3 9 .1

1-81

10*4

14*4

2-61

9 .3

1 1 .6

9 .6

6.2

3 -6 1

9 .7

1 1 .5

10-2

8 .8

1 1 -4

4 -e i

1 0 *6

1 2 *2

11.4

10.8

13.2

1 5.0

1 3 .2

5 6 5 -3
A Û Î -3

6 22.7
630-9

1-62

9 .8

1 1.1

1 0.2

9 .4

10.5

10.1

5 .4

2-82

8 .8

9 .7

8 .7

7 .8

8 .3

7 .2

3 .6

1.8

3-62

9 .5

1 0.3

9 .6

9 .0

9 .6

9 .1

7 .3

8 .2

1 5.0

4 —6 2

1 0.1

1 0.9

1 0.4

10.0

1 0.6

10.5

9 .4

10.7

1 5.5

15.9

1 -83

9 .0

9.7

9 .0

8 .5

8 .8

8 .4

7 .1

7 .6

9 .6

7 .0

-1 -3

2 -6 3

8 .4

8 .9

8 .3

7 .8

8.0

7 .5

6 .3

6 .5

7 .7

5 .3

0 .4

2 .0

633 .7
656-3
661.0
678-6
6 62-2

3-63

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 —83

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

1 -8 4

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

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

10.6

1 5 .7

6 B 9 .f i
6 9 1 .4

0 .9

7 0 4 .4

743 .7

2 4 .3

3 -8 4

8 .6

9.0

8 .6

8 .3

8 .4

8 .2

7 .6

7 .8

8 .5

7 .7

6 .6

7 .9

9 .1

1 0.3

1 3.6

16*7

9 .6

4 -6 4

8 .7

9.1

8.7

8 .4

8 .6

8 .4

7 .8

8 .0

8 .7

8.0

7 .1

8*3

9 .4

10*4

12*9

1 4 ,7

10*1

10*7

1 -85

8 .6

8 ,9

8*6

8 ,3

8 *4

7 *7

7^9

8*5

7 ,8

7_*Q__

8*1

8 ,9

9 ,7

11*5

12.5

8*9

8*5

4*1

2 -60

3-60

4 -80

1- 8 1

2 -81

4 -81

1 -8 2

2 -8 2

3 -8 2

1-83

2 -8 3

3 -63

4 -8 3

1 -8 4

2-64

3 -6 4

4 -6 4

3 -81

IN ITIA L

4 -62

7 6 1 .0

760*5
792 *6P . . .

QUARTER

P- PRELIMINARY

GOVERNMENT PURCHASES OF GOODS ANO SERVICES IN 1972 DOLLARS
_____________ COMPOUNDED ANNUAL RATES OF CHANGE____________________
B IL L IO N S OF

TERMINAL
QUARTER

IN IT IA L QUARTER
2-80

. 3-80

-3.fi

4-60

- 3 .0

3-80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-82

4-82

DOLLARS

1-63

2-63

3-83

4-63

ANNUAL RATES
1-64

2-84

3-84

4-84
264 -D

-2-1

l- e i

-0 .4

1.4

5.0

2-81

—0 .6

0.5

1.8

-1.3

3-61

0 .2

1.2

2.3

1.0

266-0
265-1
3.3

7A7-4

4-61

0 .6

1,6

2*5

1,7

3.2

3.1

1-82

0 .7

1.5

2 .2

1.5

2 .4

2 .0

0.8

2-82

0 .0

0.6

1.1

0 .3

0 .7

-0.2

-1.8

_ 1.6.

269-6
2VO-2
-4.3

267-0

1.5

2.1

2 .2

1.9

1 .5

1.8

8-3

1.9

2.6

3 .2 _ 2 .9

3 .6

3 .7

3.8

4-8

9-7

11- 1

292-6

1-83

0.9

1.4

1.8

1.4

1.8

1 .6

1.3

1-4

3-4

1.0

-8.1

2-83

0 .6

1*1

1.4 _ 1.0

1.3

1.0

0 .6

0.6

1.9

-0 .2

-5.4

-2 .6

3-63

0.6

0.9

1.2

0 .8

1.1

0 .6

0 .5

0 .4

1.4

-0.3

-3.8

-1 .6

-0.5

_ 4-63

0.2

0*5

0.7

0 .4

0 .5

0 .2

-0.1

-0.3

0 .4

-1.1

-3.9

-2.5

-2.4

-4.3

-1 .6

-1 .3

1-64

0*3

Ot?

0*8

0 .4

0*6

0*3

!?

0 .9

o

3-82
4-82

-0.1

0 .5

- 0 .8

-3.0

2-64

1.3

1*7

1*9

1*7

1.9

l.B

1.7

1.8

2 .6

1.8

0 .3

3-64

1*5

1.9

2 .2

2.0

2 .2

2 .1

2 .0

2.2

2 .9

2 .2

1.0

_ 4—B4

1*8

2.1

2 .4

2 .2

2 .5

2 .4

2 .3

2*5

3 .2

2 .6

1-65

1*7

2*0

2*3

2.1

2 .3

2 .2

2 .2

2 .3

2 .9

2 .4

2-60

3-60

4-BO

1-61

2-81

3-61

4—61

1-62

2-62

3-62

4-62

294-3
292-4
292.0
288.6
289.5

-1*7_

1 .0

3 .3

4 .6

9 .4

18*6_

2 .7

3 .7

4 .B

8 .1

1 1 .B

1.6

3*1

4*1

5*0

7 .5

9 * í_

5*4.

5 .9

1.5

2 .7 L

3*5

4*2

6*0

7 *1 _

3 .8

3 .0

0 .1

2-83

3-63

4-63

2—64

3-64

4-64

1-83

1-64

302.1
306.1

5*4

310.5
3 10.6P

IN IT IA L QUARTER
P- PRELIM INARY




17

PREPARED BY FEDERAL RESERVE BANK OF S T. LOUIS
APRIL 18. 1965

D IS P O S A B L E P ER SO N A L INCOME IN CURREN T D O LLA R S
COMPOUNDED ANNUAL R A T E S QF CHANGE_________
T E R M IN A L
QUARTER

IN IT IA L

B IL L IO N S OF
DOl 1 ARÇ

QUARTER

ANNUAL R A T E S
2-80

3-eo

3-60

1 3 .2

4-60

1 3 .6

1 4 .1

1-61

13 *8

1 4 .2

4-60

1-61

2 —81

3 -81

1-82

2-82

4-62

3-62

1-63

2-83

3-83

4-83

1 -8 4

4-84

7 -A 4

1 . A 4 6 .Û
1 .9 0 8 . 0
1 .9 7 2 .5

2-61

1 2 .1

1 1 .7

1 0 .5

7 ¿0

3-61

1 2 .7

1 2 .6

1 2 .1

1 1 .0

4-61

1 1 .6

1 1 .3

1 0 .6

9 .4

1-62

1 0 .5

1 0 .1

9 .3

8 .1

8 .5

5 .2

4 .3

2-62

9 .8

9 .3

00
*

1 4 .2

7 .4

7 .5

5 .0

4 .5

4 .7

3-62

9 .5

9 .1

8 .4

7 .4

7 .5

5 .6

5 .5

6 .1

7 .4

4-62

9 .3

8 .9

8 .3

7 .5

7 .6

6. 1

6 .1

6 .7

7 .6

2 .0 0 6 .0

F

1 5 .3

7 f 0 7 8 .6
6 .1

2 .1 0 9 .8
2 f 1 3 2 .O
2 .1 5 6 .8
2 .1 9 5 .8
7 .8

2 .2 3 7 .5

1-63

8 .9

8 .5

7 .8

7 .1

7 .1

5 .8

5 .7

6 .1

6 .5

6 .1

4 .3

2-63

8 .8

8 .4

7 .8

7 .1

7 .1

6 .0

6 .0

6 .4

6 .8

6 .6

5 .9

7 .5

3-63

9 .0

8 .6

8 .2

7 .6

7 .6

6 .7

6 .8

7 .2

7 .7

7 .8

7 .8

9 .6

1 1 .7

4-63

9 .1

8 .8

8 .4

7 .9

7 .9

7 .2

7 .3

7 .7

8 .2

8 .4

8 .5

1 0 .0

1 1 .2

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

1 0 .7

2 .5 0 2 .2

1-64

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

2-64

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

3-64

9 .2

9 .0

8 .7

8 .3

8 .4

7 .8

8 .0

8 .4

8 .8

8 .9

9 .1

9 .9

1 0 .4

1 0 .1

9 .9

8 .5

8 .4

4-64

9. 1

8 .8

8 .5

8 .1

8 .2

7 .7

7 .8

8 .1

8 .5

8 .6

8 .7

9 .4

9 .7

9 .3

8 .9

7 .7

7 .2

6 .0

1-65

8 .6

8 .4

8 .1

7 .7

7 .7

7 .2

7 .3

7 .6

7 .8

7 .9

7 .9

8 .3

6^4 l

7 .9

7 .3

6 .0

5 .2

3 .6

1 .2

2-80

3 —80

4-80

1-81

2-81

3-81

4-81

1-82

2-82

3-82

3-83

4-83

1- 8 4

2-84

3-84

4-84

IN IT IA L
P-

4-62

1-8 3

2-83

2 .5 5 4 .3
2 .6 0 6 .4
2 .6 4 4 .5
2 .6 5 2 .6 P

Q U A R T ER

P R E L IM IN A R Y

D I S P O S A B L E P E R S O N A L INCO M E I N 1 9 7 2 D O L L A R S
XQM PQUN QED AN N UAL R A T E S Q F CHANGE
TERMINAL
QUARTER

IN IT IA L

2-80

3-60

3-80

4 -6 0

1-81

2-81

3 -6 1

4 -8 1

1 -8 2

2 -8 2

4 -8 2

1 -8 3

2 -8 3

3 -8 3

4 -8 3

t —84

2 -8 4

3 -8 4

4 -8 4

2.*?

1 t 0 1 9 .. 2

4-60

3.5

4.1

_ 1- 6 1

4. 0

.4t£..

2.8 .

2.JB _ 2.2

3-61

3. 6

3.8

3.7

3.0

6.9

4-61

2.9

2.9

2.6

1.7

3.0

-0.8

2^3

2.2

1.8

1.0

1.6

-1.0

-1.2

2.0

1.6

0.9

1.4

-0.4

-0.2

0.8

1.9

1.6

1.0

1.3

0.0

0.2

1.0

1.2

2-61

1-62

3 -8 2

B IL L IO N S OF
DOi L ARS
ANNUAL RATES

QUARTER

.

1 f 029

5.1

.

-0.7

1 f 0 4 0 .7
1 r 05 8 ..1
1 .0 5 6 , .0
1 .0 5 2 .. 8

2- 6 2

2.1

_ 3-62

2*Q

4- 6 2

2.2

2.1

1.8

1.4

1.7

0.7

1.1

1.9

2.4

3.7

1-63

2.2

2.1

1.9

1.5

1.8

0.9

1.3

1.9

2.3

2.9

2.1

.

1 .0 5 4 . »8

1.057.

1.073,.1

2.3

2.2

2.0

1.7

2.0

1.3

1.6

2.2

2.6

3.0

2.7

3.4

3-63

2.7

2.6

2.5

2.3

2.6

2.1

2.5

3.1

3.6

4.2

4.3

5.5

7.7

4-63

3.1

3.1

3.0

2.8

3.1

2.7

3.2

3.8

4.3

5.0

5.3

6.4

8.0

1.082..0
1 f 102,.2
8.3

1 t 124, .3

1-64

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

2-64

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

3-64

3.6

3.7

3.6

3.5

3.8

3.6

4.0

4.5

5.0

5.5

5.7

6.3

6.9

6.7

6.2

5.1

4-64

3.6

3.6

3. 6

3.5

3.8

3.6

4.0

4.4

4.8

5.2

5.4

5.9

6 .4

6.1

5.6

4.6

3.7

3.5

1-65

3.3

3.3

3.3

3.2

3*4

3.2

3.5

3.9

4. 2

4.5

4.6

4.9

5.2

4.7

4.0

2.9

A.8

0.6

-1.8

2-80

3-8 0

4-60

1-81

2-81

3-61

4-81

1-82

2-82

3-82

4-62

1-83

2-83

3-83

4— 63

1-64

2-64

3-64

4-64

IN IT IA L

*9
1 .0 6 7 ..6

2-63

p-

i.6

1 .0 4 2 . .5

1.147,.6
1.165,.3
3.9

1.176,.5^
1.186.7
1*181.4P

quarter

P R E L I MI N A R Y




_ ^

18

P R E PA R E D B Y F E D E R A L R E S E R V E BANK OF S T . L O U IS
A P R IL 18• 1 9 8 5

CO RPO RATE
CQMPGUNDFD
TERMINAL
Q U A R T ER

P R O F IT S A FT E R T A X E S *
RATFÇ np r. h a n g e

ANNUAL

IN IT IA L

B IL L IO N S OF
nm L a r s

1Dll ART F R

ANNUAL R A T E S

1-80

2-00

-50.5

3-8

-21.9

2 —80

3—80

4 —fi 0

1-fil

2- A1

3-fll

4 -8 1

1- ft?

V-A?

A.- A 3

t -A l

4-ft?

1—A4

?— A4

■*— A4
139 - 4

23.3

1 4 A -9

4-8.Q.„ “ I ? . 1 .10.7 _ - 0 . 5

1 4 6 .7

_l-81

-9.6

10.5

4.5

9.9

J2j-Q1

-15.1

- 2 .9

- 1 0 .3

- 1 4 .8

1=31- ..Til, I

150.2
- 3 4 .0

-5 *1

—6 * 6 - 1 3 . 9

- 6 .5

- 1 3 .3

1 ^ 5 -4
1 2 .4

1 3 9 .4

4 - ftl

- 1 1 .2

- 2 .1

1-82

- 2 0 .6

- 1 5 .1

- 2 0 .2

- 2 3 .6

- 3 0 .3

- 2 9 .0

- 4 3 .6

2-82

- 1 7 .8

- 1 2 .4

- 1 6 .6

- 1 9 .0

- 2 3 .8

- 2 1 .0

- 2 9 .8

- 3 7 .3

8 .7

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

3-82

- 1 6 .2

- 1 1 .1

- 1 4 .7

- 1 6 .5

- 2 0 .2

- 1 7 .2

- 2 3 .2

- 2 6 .7

4 .4

0 .4

4- 8 2

- 1 6 .6

- 1 2 .2

- 1 5 .4

- 1 7 .1

- 2 0 .4

- 1 7 .9

- 2 2 .8

- 2 5 .3

- 4 .9

- 1 1 .1

- 2 1 .2

1 0 7 .0

loo.a

1-83

- 1 4 .9

- 1 0 .5

- 1 3 .4

- 1 4 .7

- 1 7 .4

- 1 4 .7

- 1 8 .5

- 1 9 .7

- 2 .0

- 5 .3

- 8 .1

7 .3

2-83

- 8 .8

- 4 .0

—6 . 1

- 6 .7

- 8 .4

-4.5

—6 . 7

- 5 .8

1 4 .0

1 5 .4

2 0 .9

4 9 .9

1 0 9 .3

3-83

- 4 .3

0 .7

- 1 .0

- 1 .0

- 2 .1

2 .3

1 .1

3 .2

2 2 .9

2 5 .9

3 3 .3

5 8 .8

9 3 .2

7 8 .3

4-83

—4 . 3

0 .3

- 1 .2

- 1 .3

- 2 .2

1 .7

0 .5

2 .2

1 8 .6

2 0 .3

2 4 .8

4 0 .0

5 2 .9

3 0 .7

- 4 .1

1-84

- 2 .4

2 .1

0 .7

0 .8

0 .1

3 .9

3 .1

5 .0

1 9 .9

2 1 .6

2 5 .6

3 7 .9

4 6 .8

3 0 .4

11*5

2 9 .8

2-84

- 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

- 1 .1

3-84

- 3 .5

0 .4

- 0 .9

- 0 .9

-1 *7

1 .4

0 .5

1 *8

12*9

13*3

1 5 .1

2 1 .5

2 4 .0

1 1 .7

- 0 .6

0 .6

- 1 1 .5

- 2 0 .8

4-84

- 3 .4

0 .3

- 1 .0

- 1 .0

- 1 .7

1 .2

0 .4

1 .5

1 1 .4

1 1 .7

1 3 .0

1 8 .3

1 9 .9

9 .3

- 0 .9

- 0 .1

- 8 .4

- 1 1 .9

- 2 .0

1 - 80

2-80

3-80

4-80

1-81

2- 61

3-81

4-81

1-82

2-82

3 - 82

4-82

1-83

2-83

3-83

4-83

1-84

2 —84

3-84

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

1-85

H.A.

IN IT IA L
*

N A T IO N A L

IN CO M E

Q UA RTER

B A S IS

H.A. - n o t a v a ila b le
PR EPA RÊO BY F E D E R A L
A P R I L 18* 1 9 8 5

RESERVE

BA N K

OF

HISTORICAL SOURCES OF
NATIONAL INCOME AND PRODUCT ACCOUNTS DATA
The NIPA estimates for 1929-76 are in The National Income
and Product Accounts of the United States, 1929-76: S ta tistica l
Tables (Stock number 0P3-O1O-00101-1, price $10.00). Estimates for
1977-79 and corrections for earlier years are in the Ju ly 1982
SURVEY; estimates for 1980 and corrections for e a rlie r years are in
the Ju ly 1983 SURVEY; estimates for 1981-83 are in the Ju ly 1984
SURVEY. Estimates for the periods since, appear in subsequent issues
of the monthly Survey of Current Business. These publications are
available from the Superintendent of Documents, U.S. Government
Printing Office, Washington, D.C. 20402.
For further information, write to the National Income and
Wealth Division (BE-54) Bureau of Economic Analysis, U.S. Department
of Commerce, Washington, D.C. 20230.




19

ST.

L O U IS

INVENTORIES COMPARED WITH MONTHLY SALES*
MANUFACTURING AND TRADE

RATIOS

BASED

L AT E S T
X

DATA PL OTTE D:

R EV IS ED FROM 1977.




SOURCE:

ON SEASONALLY ADJ USTED DATA.

SHADED AREAS R E P R E S E N T

P E R I O D S OF B U S I N E S S

U. S . DE P ART ME NT

OF COMMERCE

RECESSIONS.

FEBRUARY P R E L I MI NA R Y
PREPARED BY FEDERAL

20

R E S E R V E BANK OF ST.

LOUI S