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PREPARED 8Y FEDERAL

MONTH ENDING:

A p r il 3 0 , 1967

RESERVE BANK OF ST. tOUIS

RELEASED:

M a y 26,

1967

T h e p a u s e in e c o n o m ic a c t iv it y w h ich b e g a n l a s t f a ll has
co n tin u e d s in c e the f i r s t o f th is y e a r , but e x p e c t a t io n s h av e a p p a r e n tly
b e c o m e m o r e o p t im is t ic . R e v is e d f ig u r e s s h o w that to ta l s p e n d in g
on g o o d s and s e r v i c e s r o s e a t a 2. 3 p e r c e n t ann ual r a t e f r o m the
fo u r th q u a r t e r o f l a s t y e a r to the f i r s t q u a r t e r o f th is y e a r a ft e r in c r e a s in g
a t a 7 p e r c e n t r a t e d u r in g m o s t o f 1966. T he s lo w d o w n c e n t e r e d in
s m a lle r p u r c h a s e s o f in v e n t o r ie s b y b u s in e s s e s . F in a l s a le s o f g o o d s
and s e r v i c e s r o s e a t an 8 p e r c e n t r a t e f r o m the fo u r th q u a r t e r to the
f i r s t fo llo w in g a 6 p e r c e n t r a t e d u r in g the t h r e e p r e v io u s q u a r t e r s .
R e t a il s a le s h a v e sh ow n v ir t u a lly n o n e t ch a n g e s in c e M a r c h
1966. H o w e v e r , f r o m F e b r u a r y to A p r i l p r e lim in a r y f ig u r e s in d ic a te
that s a le s w en t up a t a 5 p e r c e n t r a t e w ith the r i s e b e in g c e n t e r e d in
a u t o m o b ile s and o th e r d u r a b le g o o d s . P e r s o n a l in c o m e r o s e a t a 4 . 4
p e r c e n t r a t e f r o m J a n u a ry to A p r i l , a ft e r r is in g a t an 8 p e r c e n t r a te
f r o m S e p te m b e r 1963 to J a n u a ry 1967.
R e a l output d e c lin e d s lig h t ly f r o m the fo u r th q u a r t e r o f la s t
y e a r to the f i r s t q u a r t e r o f 1967, a ft e r r is in g a t a 3 . 5 p e r c e n t annual
r a te d u rin g the p r e v io u s t h r e e q u a r t e r s . In d u s tr ia l p r o d u c t io n d e c lin e d
a t a 3 . 7 p e r c e n t r a t e f r o m O c t o b e r to A p r i l in c o n t r a s t to a 6 p e r c e n t
r a t e o f i n c r e a s e f r o m M a r c h 1966 to O c t o b e r .
D e m a n d s f o r m a n p o w e r h ave e a s e d s in c e the f i r s t o f the
y e a r . T o ta l c iv ilia n e m p lo y m e n t has d e c lin e d a t a 2 p e r c e n t r a t e
s in c e J a n u a ry a ft e r r i s i n g a t a 2 . 6 p e r c e n t ann ual r a te f r o m D e c e m b e r
1965 to J a n u a ry 1967. P a y r o l l e m p lo y m e n t r o s e a t a 1 .4 p e r c e n t
r a t e f r o m J a n u a ry to A p r i l c o m p a r e d w ith a 4 . 7 p e r c e n t ra.te o f
in c r e a s e d u r in g the e a r l i e r p e r io d .
P r i c e i n c r e a s e s h av e m o d e r a t e d in r e c e n t m o n th s . C o n s u m e r
p r i c e s r o s e a t a 2 p e r c e n t an n ual r a t e f r o m A u g u s t 1966 to A p r i l
a ft e r g o in g up a t a 3 . 7 p e r c e n t r a t e f r o m O c t o b e r 1965 to A u g u s t.
T o ta l w h o le s a le p r i c e s d e c lin e d a t a 2 p e r c e n t r a te f r o m A u g u s t to
A p r i l . The d e c lin e w as c a u s e d b y lo w e r q u o ta tio n s on f a r m p r o d u c t s ,
and p r o c e s s e d f o o d s and fe e d s w h ich f e l l b a c k to t h e ir la t e 1965 l e v e l .
In d u s tr ia l w h o le s a le p r i c e s i n c r e a s e d a t a 1 .1 p e r c e n t r a t e , w h ile
in the p r e v io u s y e a r th e y r o s e 2 . 4 p e r c e n t.




?
g ro s s i : . m o : : u p.w r.'-zt i,; cur.r.SNT c o lla f ls
_____CQ;-:i?ou:-;onn a ?:
^AVcj. o r c h a n g e ___ _
IN I Ì ( f-.'s

QUARTER

0 2 -6 2 0 3 -6 2 0*4-62 0 1 -6 3 0 2 -6 3 0 3 -6 3 0 ^ - 0 3 01 -6 4

___ 0 3 -6 2 ___
0 4 -6 2

ANNUAL RATES
0 ? -£ 4 03- ¿ ’4 O b -64 0 1 *6 5 0 2 -6 5 o r 65 0 ’*~ó5 01- 66 0 2 -6 6 0 3 -6 6 .0 4 -6 6 ______________
5 6 4 .4

5 t 3.._
5. H

5 .5

5 7 2 .0
577. 4

0 1 -6 3

4. 9

*».7

3 .8

0 2 -6 3

>»•9

* .7

ti.3

4 .0

5 0 4 .2
5 9 4 .7

0 3 -6 3

5 .4

5.1»

5 .3

6*1

7 .4

0 4 -6 3

5 .7

5 .8

5 .9

6 \6

7 .5

7 .7

01-6*1

6 .0

6. 1

6 .2

6 .6

7 .5

7 .6

7 .5

02-61»

6. 1

6 .3

6 .4

6 .9

7 .5

7 .5

7 .4

6 .2

0 3 -6 4

!

6.1*

6 .3

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

6 2 7 .7
6 3 7 .9

6 .9

7 .3

7 .3

7 .1

7 .0

6 .7

6 .6

6 .3

6 .0

5 .3

4 .0

6 4 4 .2

0 4 -6 4

6 .0

6. 1

6 .1

6 .5

6 .7

C1 -6 5

6.1!

6 .5

6 .6

7 .0

7 .3

7 .3

7 ,2

7 .1

7 .1

7 .3

1 0 .7

0 2 -6 5

6 .5

6 .6

6 .7

7 .0

7 .3

7 .3

7 .3

7 .2

7 .2

7 .4

9 .1

7 .5

0 3 -6 5

6 .6

6 .8

6 .9

7 .2

7 .4

7 .4

7 .4

7 .4

7 .4

7 .6

8 .9

7 .9

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

6 8 6 .5
7 0 4 .4

0 4 -6 5

6 .9

7 .1

7 ,2

7 .5

7 .8

7 .8

7 .8

7 .9

8 .0

8 .3

9 .4

8 .9

9 .6

1 0 .9

0 1 -6 6

7 .1

7 .3

7 .4

7 .7

8 .0

8 .0

8 .1

8 .1

8 .3

8 .5

9 .5

9 .1

9 .7

1 0 .*

9 .9

7 2 1 .2
7 3 2 .3

0 2 -6 6

7 .1

7 .2

7 .3

7 .6

7 .8

7 .9

7 .9

7 .9

8 .0

8 .2

8 .9

8 .6

8 .8

9 .0

8 .1

6 .3

0 3 -6 6

7 .1

7 .2

7 .3

7 .6

7 .8

7 .8

7 .8

7 .9

7 .9

8 .1

8 .7

8 .4

8 .5

8 .6

7 .8

6 .8

7 *3

0 4 -6 6

7 .1

7 .2

7 .3

7 .6

7 .8

7 .8

7 .8

7 .9

7 .9

8 .1

8« 6

8 .3

8 .4

8 .4

7 .3

7 .1

7 .5

7 .7

7 .4

7 .4

7 .*

7 .4

7 .4

7 .5

7 .9

7 .5

7 .5

7 .4

6 .7

5 .9

5 .8

5 .0

0 1 -6 7

6 .9

7 .0

7 .0

7 .2

7 4 5 .3
7 5 9 .3
2 .3

7 6 3 .7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
MAY 22# 1967

CROSS NATIONAL PRODUCT IN CONSTANT 1958 DOLLARS
COMPOUNDED Af!«UAL P.S.TES OF CHANGE
BILLIONS OF
DOLLARS
ANNUAL RATES
0 2 -6 4 0 3 -6 4 0 4 -6 4 0 1 -6 5 0 2 -6 5 0 3 -6 5 0 4 -6 5 0 1 -6 6 0 2 -6 6 0 3 -6 6 0 4 -6 6
IN IT IA L QUARTER

TERMINAL
CUAR7Er.
0 2 -6 2 0 3 -6 2

on -62

0 1 -6 3 0 2 -6 3 0 3 -6 3 0 4 -6 3 0 1 -6 4

0 3 - 6 2 ___ .4 .4
0 4 -6 2

4 .1

___0 1 - 6 3 ___ _3.4_

5 3 3 .4
3 .7

5 3 8 .3

3 .0

2 .2

5 4 1 .2

__ _02r63__._

3 .5

3 .2

2 .9

3 .6

0 3 -6 3

4 .1

4 .0

4 .1

5 .1

6 .5

5 4 6 .0
554. 7

0 4 -6 3

4 .3

4 .3

4 .4

5 .2

6 .0

5 .4

0 1 -6 4

4 .5

4 .5

4 .6

5 .3

5 .8

5 .5

5 .5

0 2 -6 4

_ 4 *7

4 .7

4 .9

5 ,4

5 .9

5 .7

5 .8

. . . 03.-64___ 4 .7

4 .7

4 .9

5 .3

5 .7

5 .5

5 *5

5 .4

4 ,9

___ 0 4 - 6 4 ___ 4 .4

4 .4

4 .5

4 .8

5 .0

4 .7

4 .5

4 .1

.3 .2

1 .5

4»?

4 .8

5 .0

5 .3

5 .6

5 .4

5 .4

5 .4

3 .2

5 .3

9 .2

4 .8

„ 4 .9 .

5 .0

5 .3

5 ,5

5 .4

5 *4

5 .3

__5*_1_

5 .2

T .1

5 ,1

_

_ 0 1 -6 5
02 -65. ...

. Q3fA5„_. _5.0_

_

5_,0

0 4 -6 5

5 .3

0 1 -6 6

5 .3 __ 5 .4

.. 5-*5

5 6 9 .7
6 .0

578. 1
5 8 5 .0
5 8 7 .2
6 0 0 .3
6 0 7 .8

5 *6

5 .6

5 .5

5 .7

7 .1

6 .1

7 .0

5 . 8 _ 6 .0

5 .9

6i»Q

6 .0

6 .0

6 .3

7 .5

6 *9

1 9

8 .7

_ 5 ,8

. 6 .0

5 .9

« .0

I.*2 L

6 .7

7 .2

7 .4

„ 5 * 5 _ 5 .7
5 .5 _

562. 1

6 .0

. ttzZ.

6 1 8 .2
6 3 1 .2
6 .0

6 4 0 .5

0 2 -6 6

5 .1

5 .1 ._ 5 .2

5 .5

5 .6

5 .6

5 *6

5 *6

5 .5

5 .6

6 .3

5 .7

5 .9

5 .5

3 .9

1 .9

0 3 -6 6

5 .0

5 .1

5 .4

5 .5

5 .4

SH

5 .4

5 .3

5 ,4

__ A #0

5 .4

5 .5

5 .1

4 ,0

3 .0

4 .0

0 4 -6 6 ...

5 .0

.5 . 3

5 .4

5 .4

5 .4

5 .3

5 .3

5 .3

__5.(L_

5 .3

5 .4

5 .0

4 .1

3 .5

4 .3

4 .6

5 .1

4 .9

4 .9

4 .9

4 .7

4 .7

5 .1

4. 6

4 .5

4 .1

3 .2

2 .5

2 .8

2 .1

01.-67

.H..7

5 .0

5 .1

4 ,7 ...

4 .8 ____ 5j._0__.




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

6 5 6 .7

PREPA* £0 BY FEDERAL Kg SERVE BA NX. OF ST. LOUIS
MAY 2 2 t 1967

.

Rotio ScG 16
Billions of Do!l ars

Q u a r t e r l y Totals at Arm i el Rates
S e a s o n a ll y A d j u s t e d

Ro f IO Sc O! 0
Billions Ot Dol l ars

U_GNP in current dollars.
Source: U.S. Dcoartment of Commerce
[2.GNP in 1958 dollars.
Percentages are annual rates of change between periods indicated. They ar3 presented to aid in
comparing most recent deve lop men ts with past “ trends” , and may .not be ro Seva nt for o!her
purposes.
Latest data plotted: 1st quarter




Prepared by Federal Reserve Bank of St. Louis

4

0
1

TOTAL C IV IL IA N EMPLOYMENT
• COMPOUNDED ANNUAL RATES OF CHANGE____________________________________ :__________ ___
THOUSANDS
TERMINAL____________________________________________________________
I N I T ILA
MONTH____________________________________________________________ OF_PERSONl
ic
i
.A.ÎL'.ia._i.ii
MONTH
11 -6 5 1 2 -6 5 0 1 -6 6 0 2 -6 6 0 3 -6 6 0 4 -6 6 0 5 -6 5 0 6 -6 6 0 7 -6 6 0 8 -6 S 0 9 -6 6 1 0 -6 6 1 1 -6 6 «2-66 0 1 -6 7 0 2 -6 7 0 3 -6 7
09 -65.

___J .0 -6 5 __ .

7 1 ,5 0 5

4a 6__

7 1 .7 3 1

1 1 -6 5

U .2

3 .9

* 1 2 -6 5

5 .4

5 .9

7 .9

0 1 -6 6

5 .0

5 .2

5 .8

3 .7

0 2 -6 6

3.B

3 .5

3.U

1 .3

1 .2 -

0 3 -6 6

2 .9

2 .6

2 .3

.4

1 .2 -

0 4 -5 6

3 .2

2 .9

2 .7

1 .5

.7

3 5 -6 6

2 .1

1 .8

1 .5

m2

3 6 *6 6

2 .8

2 .6

2.1»

1 .5

1.1

1 .6

2 .6

1 .6

8 .2

2 *5

2 .3

1 .6

1 .2

1 .7

2.U

1 .7

5 .0

2 .0

2 .6

2 .0

1 .7

2 .2

2 .9

2 .5

5 .0

3 .4

0 7 -6 6

2 .7

3 8 -6 6

2 .9 __ 2.8_

7 2 » 189
7 2 ,4 1 0

.6 -

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

1 .2 1 .7
.5 -

7 2 .5 4 2

4 .7

7 2 ,2 5 3

• 1— 4 . 7 -

7 2 .7 3 0
7 2 .8 4 6
5 .0

7 3 ,1 4 1

3 9 -6 6

2 .8

2 .6

2 .5

1 .9

1 .6

2 .0

2 .6

2 .2

4 .0

2 .6

2 ,9

.9

1 0 -6 6

2 .5

2.1»

2 .2

1 .7

1 .5

1 .8 ~ 2 .2

1.B

3 .2

2 *0

2 .0

.5

7 3 . 195
7 3 ,1 9 9

.1

1 1 -6 6

3 .2

3 .1

3 .0 _

2 .6

2 .5

2 .9

3.U

3 .2

1».6

3 .9

4 .4

4. 2

5 .9

1 2 .1

1 2 -6 6

3 .0

2 .9

2 .8

2 .4

2 .2

2 .6

3 .0

2 .8

3 .9

3 .2

3 .5

3 .1

3 .9

5 .8

7 3 ,8 9 7
.1 -

7 3 ,8 9 3

0 1 -6 7

3 .2

3 .1

3 .0

2 .6

2 .6

2 .9

3 .3

3 .2

4 .2

3 .6

3 .9

3 .7

4 .4

5 .9

2 .9

6 .1

0 2 -6 7

2 .9

2 .8

2 .7

2 .3

2 .2

2 .5

2 .8

2 .6

3 .5

2 .9

3 .1

2 .7

3 .1

3 .9

1 .3

2 .0

0 3 -6 7

2 .3

2 .2

2 .1

1 .7

1 .6

1 .8

2 .1

1 .8

2 .5

1 .9

1 .9

1 .4

1 .5

1 .8

2 .1

1 .8

1 .7

1 .9

2 .1

1 .9

2 .5

2 .0

2 .0

1 .6

1 .7

2 .0

2 .4

3 4 -6 7

2 .2

7 4 ,2 5 5
7 4 ,1 3 7

1 .9 -

.6 -

.8 -

4 .0 -

6 .1 -

.0

.1

1 .9 -

1 .8 -

7 3 ,7 4 7
2 .7

7 3 ,9 1 0

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
HAY 10 , 1967

------PAYROLL EMPLOYMENT
COMPOJNDED ANNUAL RATES OF CHANGE

0 9 -6 5

_

THOUSANDS
OF PERSONS

IN IT IA L MONTH

TERMINAL
MONTH
1 0 -6 5

1 1 -6 5

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

1 0 -6 5

5 .2

1 1 -6 5

6 .9

8 .7

1 2 -6 5

7 .1

8. 1

7 .6

3 1 -6 6

6 .5

6 .9

6 .0

4 .5

0 2 -6 6

6 .5

6 .9

6 .3

5 .6

6 .8

3 3 -6 6

6 .9

7 .2

6 .9

6 .6

7 .7

8 .6

0 4 -6 6

6 .2

6 .3

5 .9

5 .4

5 .8

5 .3

2 .0

1 0 -6 6 1 1 -6 6

1 2 -6 6 0 1 -6 7 0 2 -6 7 03-•67

6 1 ,4 3 7
6 1 ,8 6 4
6 2 .2 4 1
•

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

3 5 -6 6

5 .8

5 .9

5 .4

5 .0

5 .1

4 .6

2 .6

3 .2

3 6 -6 6

6 .2

6 .3

5 .9

5 .7

5 .9

5 .7

4 .7

6 .1

6 3 .5 1 7
9 .2

6 3 ,9 8 3

3 7 -6 6

5 .7

5 .8

5 .4

5 .1

5 .2

4 .9

4 .0

4 .6

5 .4

1 .7

0 8 -6 6

5 .4

5 .4

5 .1

4 ,8

4 .8

4 ,5

3 .7

4 .1

4 .4

2 .1

___ _Q£_-6.6___

4 .9

4 .9

4 .5

4 .2

4 .1

3 .7

2 .9

3 .1

3 .1

1 .2 *

1 0 -6 6

5 .0

4 .9

4 .6

4 .3

4 .3

4 .0

3 .3

3 .6

3 ,6

2 .3

2 .5

2 .5

5 .7

H -6 6

5 .1

5 .1

4 .8

4 .5

4 .5

4 .3

3 *9

4 ,0

4 ,2

3 ,2

1 ,6

3 .9

6 .3

6 .9

1 2 -6 6

5 . t _ 5 . !__

4 .8

4 .6

4 .6

4 .3

3 .9

4 .1

4 .2

3 .5

3 .8

4 .2

5 .8

5 .8

4 .8

01^67 _

5 . 1 __5 2>_1

4 .9

4 .7

4 .7

4 .5

4 .1

4 .3

4 .4

3 .8

4 .1

4 .5

5 .8

5 .8

5 .3

5 .8

4 .9

4 .7

4._5..

4_jJL

4 .3

3 *?

4 .1

4.2_

3 .6

3 .8

4 .1

5 .0

4 .9

4 .2

3 .9

2 .2

_4 . 6

4 .4

4 .2

4 .2

4 .0

3 .6

3 .7

3 .8

3 .2

3 .4

3 .5

4 .2

3 .9

3 .2

2 .7

1 .2

.3

_4._5_ _.4_* 2 _ . 4 .0

4 .0

3 .8

3 .5

3 .6

3 .6

3 .1

3 .2

3 .3

3 .9

3 .6

2 .9

2 .5

l.H

1 .1

à ld k l

... 4 .9

3 3 -6 7

„ 4 .?

0_4-67_ .... 4 , 5 .

6 4 ,0 7 2
2 .4
.9

6 4 .1 9 9
.6 -

6 4 , 168
6 4 ,4 6 6
6 4 *8 2 3
6 5 .0 7 6
6 5 ,3 8 1
6 5 ,4 9 7
6 5 .5 1 3 P
1. 8

65» 61 IP

P - P R EL I M INARY_______________ ______________________________________________________________________________________________________________________




PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
MAY 10t 1967

---

Rat
Mil

100

90

80

70

60

50

1959

1960

1961

1962

1963

1964

1965

1966

1967

Source: U.S. Deportment of Labor
Percentages are annual rates of change between periods indicated. They ore pressnted to aid in
comparing most recent developments with past "trends” , and may not be relevant for other
purposes.
Latest data plotted: April preliminary




Prepared byFederalReserveBank ofSt. Louis

6

_____
TERMINAL
MONfH

_____
0 9 -6 5

1 0 -6 5

INDUSTRIAL PRODUCT!CU
COMPOUNDED ANNUAL RATES OF CHANGE____________________________________. . .

___ ________________

_________________ I________________________ IN IT IA L MONTH______________________________________ ____________ _____

11 -6 5

1 2 -6 5 0 1 -6 6 0 2 -6 6 0 3 -6 6 0 4 -6 6 0 5 -6 6 0 6 -6 6 0 7 -6 6 0 8 -6 6 0 9 -6 6
•-

1 0 -6 6

1 1 -6 6

1 9 5 7 -5 ? ✓ 100

12—66 0 1 -6 7 0 2 -6 7 0 3 -6 7

1 0 -6 5

1 2 .3

1 4 5 .5

11 -6 5

1.1 .3 ... IP , 4 „

1 4 6 .7

1 2 -6 5

1 4 .3

1 5 .3

0 1 -6 6

1 4 .2

m -.e... 1 7 .0

1 3 .7

1 6 .5

1 4 .5

1 5 .3

_ „0 2 -6 6 . _JA-_4__

1 4 9 .0

2 0 ,5

1 5 0 .6
1 5 2 .4
153o7

14. 1

1 5 .0

1 3 .2

1 3 .0

10r 7

0 4 -6 6___ J_1. 9

1 1 .9

1 2 .2

1 0 .2

9 .1

6 .1

1 .6

0 5 -6 6

1 1 .9

1 1 .8

12.1

1 0 .5

9 .7

7 .8

6 .4

1 1 .5

0 6 -6 6

11.6

1 1 .6

1 1 .7

1 0 .3

9 .7

8 .3

7 .5

10*6

_ 9 .7 _

u .o__ !0 .9 _ _ 1 0 .9

9 .6

9 .0

7 .7

7 .0

8 .9

7 .6

5 .5

1 3 .8

0 3 -6 6

. P I-6 6 .

_

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

_ 0 8 -6 6

1 0 .6

1 0 .u

1 0 .4

9 .2

8 .6

7 .5

6 .9

8 .2

7 .1

5 .9

6 .3

0 9 -6 6

9 .4

9 .2

9 .1

7 .9

7 .2

6 .0

5 .3

6 .0

4 .7

3 .1

1 .9

2 .3 -

.. !Q t 6_6.

9.1»

9 .2

9 .1

e.o

7 .4

6 .5

5 .9

6 .6

5 .7

4 .7

4 .4

3 .5

9 .5

1 1 -6 6

8 .6

8 .1

7 .1

6 .4

5 .5

4 .8

5 .3

4 .3

3 .3

2 .7

1 .5

3 .5

1 2 -6 6

8 .2

7 .9

7 .7

6 .7

6 .1

5 .2

4 .6

5 .0

4 .1

3 .2

2 .8

1 .9

3 .3

\h

3 .1

„ 0 1 -6 7 __ 7_._2___ 6 .9

6 .6

5 .6

5 .0

4 .1

3 .5

3 .7

2 .7

1 .8

1 .2

.2

.8

2.0-

1 .9 5 .4 -

_3_.3__

15 8. 0
1 5 7 .7
158 c?
1 5 8 .6

2 .2 -

C2 -6 7

6*0

5 .6

5 .3

4 .2

3 .6

2 .6

1 .9

2 .0

1 .0

.1 -

.9 -

2.0-

2.0-

4 .6 -

0 3 -6 7

5 .6

5 .2

4 .9

4 .0

3 .3

2 .4

1 .8

1 .8

.9

.1 -

.8 -

1 .7 -

1 .6 -

3 .7 -

. Q4r 67

5 .1

4 .7

4 .4

3 .5

2 .8

2 .0

1 .3

1 .3

.4

.5 -

1 .1 -

2 .0 -

1 .9 -

3 .7 -

• 1—
4 .0 -

1 5 9 .0
6 .6 -

15 8. 1

9 .4 -

1 2 .2 -

6 .4 -

6 .3 -

.0

5 .7 -

5 .4 -

1 .9 -

1 5 6 .4
156. i*P
3 .8 -

15 5.9P

P - PRELIMINARY




PREPARED BY FEDERAL RESERVE DANK OF ST. LOUIS
KAY 1 5 . 1967

7

^roducfsoi

Ratio Scale

Ratio S c a l e

Percentages are annual rates of change between periods indicated. They are presented to aid in
comparing most re cent developments with past "trends” , and may not be relevant for other
purposes.
Latestdata plotted: April preliminary
Prepared by Federal Reserve Bonk of St. Louis




D

____

?C T M l. SALKS
v . i'.j.'rz sj)?
___________________________________________________________
..........
"
'
‘
MILLIONS OF
j i l l IJ.
’:T ti _____________________________________________________________ DOLLARS

»r cR M I MAL____________________________________________________________________ I
NGNTH
0 9 -6 5 1C-65 11 -65 12-65 0 i-6 6 0 2 -6 6 0 3 -6 6 O’!-6 6 05*£ 6 (•¿-¿ft A l r A L OS-66 OS-66

10 -66

11 -66

12 -66 0 1 -6 7 0 2 -6 7 0 3 -6 7
2 w. 33 0

10 -6 5

3 4 .4

1 1 -6 5

2 4 .?

1 6 .8

»2-65

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1 2 .6

8 .6

0 1 -6 6

17.7

1 2 .9

11 .0

1 3 .6

0 2 -6 6

13.6

9. 1

6 .7

5 .8

0 3 -6 6

15 .6

1 2 .3

11 .2

12.1

0 4 -6 6

6 .8

5 .2

3 .0

1 .6

2 .4 - 2 4 .4 -

2 4 *9 4 9

3 .3 - _ 7 .1 -

8 . 9 - 2 2 . 5 - 2 0 .6 -

2 4 .4 7 5

4 .7

4 .2

2 ,2 -

1 1 .2

5 5 .6

2 4 *6 4 7
2 4 , Cl 6
2 5 .0 8 1
2 5 ,0 4 9

1 .5 11.1»
2 .1 -

2 5 .5 3 6

2 6 .0

0 5 -6 6

4 .6

1 .0

1 .4 -

0 6 -6 6

9 .3

6 .6

5 .3

0 7 -6 6

8 .2

5 .7

4 .4

3 .S

2 ,3

3 .0

2 .0 -

6 .8

2 3 .8

1 .5 -

0 8 -6 6

8 .4

6 .2

5 .0

4 .6

3 .4

4 .2

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7 .7

V iiZ

U .3

0 9 -6 6

8 .2

6 .2

5 .2

4 .8

3 .7

4 .5

1 .3

7 ,4

15*8

5*0

6 .3

1 0 -6 6

7 .0

? .°

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3 .6

2 .5

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4 .9

1 0 .9

1 .9

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1 1 -6 6

6 .7

4 .9

3 .9 _ _3,5_

2 .5

3 .0

1 2 -6 6

5 .4

3 .7

2 .7

2 .2

..1*3

1 .5

0 1 -6 7

6 .1

4 .4

3 .6

3 .2

2.1»

2 .8

0 2 -6 7

5 .1

3 .5

2 .7

2 .3

1.1*

0 3 -6 7

5 .6

4 .2

3.U

3 .1

2 .4

0 4 -6 7

5 .0

3 .6

2 .9 _ 2 * 6

1 .9

2*1

3 .0

%L_ A«_6_

9 .5

2 5 ,3 9 4
2ÌÌ.36'»
10. 4

2*1. __JUG

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6 .3

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4 .0

7 .5

2 .0

1 .7

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2 .5

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2 .7

.9

3 .6

6.»»

2 .0

2 .4

1 .3

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2 .9

5 .3

_ 1 *A _

1 .6

.6

.2 -

.1
2 .6

6 .9 -

.. 25r_55_Q.
2 5 .6 1 0

2 .9

_ t4

2 .5

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_ 2 5 jl7 0 p

6 .3

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5 -1 -

1 .1

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2 .2 .5
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_ 4 .2 -

1 Ò .8 -

2 .2

1 .8

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

1 6 .2

2 .2 -

2 .4

9 .7 —

2 .1

1 .9

6 .5

2 .0

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3 .6

•9-

.3 -

25.1*7 0
15 .1
* .7

2 5 . 77 IP
4 .7 —

2 5 .Ì& 7 P

P - PRELIMINARY
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
KAY 11 . 1967

PERSONAL INCOME
COMPOUNDED ANNUAL RfeTtS OF CttAKSE
TPRM TWA!
MONTH

IM IT I AL MOHTH
-Q9-i>.5. 1 0 -6 5

1C-6 5

-R

1P-^5

.G2-.6À.

55 ? .?
5 5 8 .2

«4.2

7 .8

4.1»

_- 5-4

9 -9

8-A

7 -2

9 .8

8 -8

8 .0

9 .8

9 .5

3 .7

7 .7

6 .8

7 .6

6 .3

0 6 -6 6

A.O

0 7 -6 6

a. o

OR-A ft

<S-

09-AA

A. R

... P. -

-

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

5 7 0 .5

7^3

A. 5

7 .0

6 .0

6 .9

7-U

6 .8

.a._i

. 7 .4

6 .8

7 .2

6 .6

5 .9

6 .8

7 .6

A. 0

R-U

7 -8

7-U

7-R

7 .5

7-1

R-0

8 .9

ft-R

1 1 .8

R- A

8 -.0

_ 7 .7

8 .1

7 .8

7 .5

8 .4

9 .2

. 9. 2

1 0 .8

.._a.2_... 7 .8

8 -?

R -0

7 .8

8 .6

9 .9

<L.2_ 1 0 .3

9 .A

9 .3

7 -9

8 -3

A. 1

7 .9

8 ..A

9^1

9 .1

9 .9

9 .X

9 .0

_ ft. 6

7 .8 .

8 .3

8 .8

_ 8 *7

9 .^

_ 8 .6

8 .2

7 .7

6 .8

. 9^2

9 .2

9 .7

9 .3

9 .2

9 *1

9 .4

1 2 .0

8 .8

8 .3

8 .0

7 .7

I* 4

7 .7

8 .3

8 .6

8 .1

7 .9

7 .6

7« 3

7 .5

S .3

6 .9

7*7

7 ,9

7 .5

7 .1

6 . 7 _ 6 .4

6 ,3

4 .4

4 .8

A-A

. li- 3 ..._ 5 .4
5 .9

7 .3

57 3 .0
9 .2

__.12.-i» 6

7 .1 .. _^Lu5

...£ *!

7 .8

8 .1

7 .9

_D 1.-6J

8.U

8 .1

8 .5

8 .3

8_»2__.

8 .7

-8.1

7 .9

7 -8

8 ,1 _ _

8 .0

7 .8

7 .7

8 .1

e .4

—2.*.6.... 7 .5

7 .3

7 .6

7 .9

. r»k

8 .7

0 2 -6 7

..7.112...

8 .4

8 .0

7 ,..L

0 3 -6 7

7 .1

8 .3

8 .0

7 .7

6 .9

8 .0

7 .7

7 .4

__ 0Ur 6 7___

5 6 0 .2

10-1

7 .6

?

_ J 0 r 6 6 .... _7-.il
_ 7- 1

11-66

•147.2

9 .8

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1 0 -6 6

1 ii.fi

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0 4 -6 6

11 -A A .

12 -65 0 1 -6 6 02—66 0 3 -6 6 OU-ftiS 0^ -66 06 -6 6 £ 7 -6 6 0C-&6 0 9 -6 6

1 H .5 -

11-AS

_ _Clri66

11-65

BILLIOKS OF
(tan . Aft s
ANNUAL RATES
12—66 0 1 -6 7 0 2 -6 7 0 3 -6 7

5 7 7 .2
5 ^ 0 . Q_
5R 5-4
5 9 0 -0

9 .9

5 9 4 .4
5 9 ft-5
601 8
6 0 7 .5
3 .6

6 0 *. 3
6 1 2 .7
2 .8

6 1 4 . IP

P- P R E L I M I N ARY_________________ _______________________________________________________________________________________________________________________________________________________




P»ì£PARED BY FcDSRAL RESERVE BANK Or ST. LOUIS
r,AV 1 9 , 196?

...

8

Ratio Scale
Billions of Dollars
30

V>> à ^6»-!3 b i

fgJt

li ^.v#’ %jï

Scalo
Bi Mion s of Dollars
f.... .
%n
i0
\
w
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w
. -«f—,
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>
s
^
*
■
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r'** KSi- '*■•**W 25.7
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10
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1
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20

f.- ..... ..
1
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8

7
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1959

^

9
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5
4

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tì....fe :
1
V
1
1
1
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10

_ ..... .. :1 i _
1.960 1961

_______ 1_£ ____
1962

tv or.'66

Apr.’64

1963

1964

Apr.'67

I*
J L i , ...
1965
1966
1967

, ~

.

1

Source: U.S. Deportment of Commar'ce
Percentages are annua! rates of change between periods indicated. They are presented to aid in
com pa rin g most recent dev elopments with pass " t r e n d s ” , and may not be relevant for other
purposes.
Latest data plotted: A p ri l p r e li m in a r y
Prepared by Federal Reserve Bank of St. Louis




4

Tf.RniHAt.____________________________________________________________ I N IT IA L
KONT M
0 9 -6 5 1 0 -6 5 11 -65 12 -65 0 1 -6 6 0 2 -6 6 0 3 -6 6 0?v-66 0 5 -6 6 0 6 -6 6

_____________________________________________________ 1 9 5 7 -5 9 /
10**66 1 1 -6 6

0 3 -6 6 0 9 -6 6

1 1 0 .4

1 0 -6 5

2 .2

1 1 -6 5

2 .2

2 .2

1 2 -6 5

2 .9

3 .3

0 1 -6 6

2 .2

2 .2

2 .2

•0

0 2 -6 6

3 .1

3 .3

3 .7

3 .3 ’

6 .7

0 3 -6 6

3 .3

3 .5

3 .8

3 .7

5 .5

4 .4

5 .5

4 .9

5 .5

1 1 0 .6
1 1 1 .0

4 .4

11 1 .0
1 1 1 .6
1 1 2 .0
1 1 2 .5

0 4 -6 6

3 *6

3 .8

4 .2

4 .1

0 5 -6 6

3 .3

3 .4

3 .7

3 .5

4 .4

3*6

3 .3

1 .1

0 6 -6 6

3 .3

3.5»

3 .6

3 .5

4 .2

3 .5

3 .3

2 .2

3 .2

0 7 -6 6

3.1*

3 .5

3 .7

3 .6

4 .2

3 .7

3 .5

2 .9

3 .8

4 .4

1 1 2 .6
1 1 2 .9
1 1 3 .3
1 1 3 .8

0 8 -6 6

3 .6

3 .7

3 .9

3 .8

4 .4

4 .0

3 .9

3 .5

4 -3

4 .9

5 .4

0 9 -6 6

3 .5

3 .7

3 .8

3 .7

4 .2

3 .9

3 .8

3 .5

4 .1

4 .3

4 .3

* .2

1 0 -6 6

3 .6

3 .7

3 .9

3 .8

4 .2

3 .9

3 .9

3 .6

4 .1

4 .3

4 .3

3 .8

4 .3

1 1 -6 6

3 .4

3 .5

3 .6

3 .5

3 .9

3 .6

3 .5

3 .2

3 .6

3 .7

3 .5

2 .8

2 .7

1 .0

1 2 -6 6

3 .3

3 .3

3 .4

3 .3

3 .6

3 .3

3 .2

3 .0

3 *2

3 .2

3 .0

2 .4

2 .1

1 .0

1 1 4 .1
1 1 4 .5
1 1 4 .6
1 .1

1 1 4 .7
1 1 4 .7

0 1 -6 7

3 .1

3 .1

3 .2

3 .1

3 .3

3 .0

2 .9

2 .6

2 .8

2 .8

2 .5

1 .9

1 .6

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.0

0 2 -6 7

2 .9

3 .0

3 .0

2 .9

3 .2

2 .9

2 .7

2 .5

2 .6

2 .5

2 .3

1 .8

1 .3

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1 1 4 .8

U1

0 3 -6 7

2 .9

2 .9

3 .0

2 .9

3 .1

2 .6

2 .7

2 *4

2 .6

2 .5

2 .3

1 .8

1 .6

1 .1

1 .1

1 .1

1 .6

2 .1

0 4 -6 7

2 .9

2 .9

3 .0

2 .9

3 .1

2 .8

2 .7

2 ,5

2 .6

2 .6

2 .4

2c0

1 .8

1 *4

1 .5

1 .6

2 .1

2 .7

♦

100

12-C 6 0 1 -6 7 0 2 -6 7 0 3 -6 7

1 1 5 .0
1 1 5 .3

3 .2

NOT SEASONALLY ADJUSTED
PREPARED BY FEPSRAL RESERVE BAKK OF ST. LOUIS
MAY 2 3 1 1967

WHOLESALE PRICES, ALL C O ^G O IT IE S ♦
COMPOUNDED ANNUAL RATES OF CHANGE
TERMINAL
MO"TH

1957-5?» /

IH X TIA L KOHTH

1 0 -6 6 1 1 -6 6 1 2 -6 6 0 1 -6 7 0 2 -6 7 0 3 -6 7

O e-66 0 9 -6 6

0.9*65 .1 0 -6 ^ «

1 0 3 .1

JQrr65_. - 1 . 2 _ 1 1 -6 5

_7.Q

U.R

. 12-r65

4 .3

6 .a

7 .2 .

.4 .7

6 .0

.6j 6__ J5#9

5 -7

A .8

7 .6

0 3 -6 6 . . . 4 . 7

5*4

0 1 -6 6 .
_ 0 2 -6 6

0 4 -6 6

4 .2

0 5 -A A

_ * .fl

1 0 3 .5

„

1 0 4 .1

7 .7
-J 5.1

1 0 4 .6
9 .6
.0

105*J l

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1.1

1 0 5 .5

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1 .1

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u .> , T fc^l__ _ i , 5

2 .9

. 4 .7

3#5

3 .8

.3 * 1 ...„ J U L

2 .5

0 7 -6 6

4 .0

4 .3

-3 * 8

3 .5

. O fi-66

. 4 .0

10 -6 6
1 1 -6 6

-

1 0 5 .4

4 .7
—3 .5

0 6 -6 6

0 9 -6 6

1^0

. 9 __ 1.1
2 .3

2 .9

3 .9

2 .7

3 .2

1*1 _

3 .9

3 *8 _ .«3 *5

-3 .J L — 2 .3

2 .7

2 .9

3 .0

2 *9

_ 2 .4

JL mX

1 .1

1 .3

1 .9

_JU5

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4 .3 ' -J u 3

2.U

1.4

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1-1
_ 4 .6

3 .7

„,4*6

6 .4

4 .6

_3._0 _ _ 3 .5

4 .2

2 .3

1 .3

1 .4

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_.....r,.6 ._

0 1 -6 7

2 .3

2 .4

2 *2

J ,9 ..

1 .5

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0 2 -6 7

2 .1

2 *1

1.9

1 .6

1 .5

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0 3 -6 7

1 .7

1 .6

1 .6 . .. 1 * 2 . ^ , _ . 9 _ „ „ . , 3

.3

0 4 -6 1

1 .4

1 .4

1 .2

•
NOT. SEASONALLY AD.iUStED..
P~ PRELIMINARY




_ .5 «

.5

.6

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2 .3

-.2 *1 ..,

__ . J -

1 0 5 .7

1.1
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2 .8 -

1 0 6 .0

•
3«4—

r __ L * 2 = _ J I * 3 r _ 3„<>-

105 ».7
4 ..4 -

1 0 5 .3 ?

.
1.1.

Ratio Scale
Ì 957-59-100

P ric e s

Ratio Scale
1957-59=100

Source; U.S. Department of Labo<‘
Percentages ere annual rates of change between periods indicated. They are presented to aid in
comparing most recent developments with past" trends” , and may not be relevani for other
purposes.
Latest data plotted: April preliminary
Prepared by Federal Reserve Bank of St. Louis




WHOLES/.*. £ PH ICES - INDUSTRIALS CO::.sOiiiTIES
.JCOHPCU:S£?HD-AiiiliiiL.SAI.S&..iiE-CUA,-::>e....
.IER H 14A L .
JGNlH
0 9 -6 5

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,2*J9— ._3.2_ _2.*SL

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06 —66

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0 7 -6 6

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__2 *1 _

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2 .6

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