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April 16,1976
A WEEKLY

BUSINESS
w STATISTICS
*«•* "<**,.

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU

OF ECONOMIC ANALYSIS

INDEX, 1941-43=10

INDEX, 1941-43 = 10

Weekly

Monthly
PRICES OF 425

INDUSTRIAL STOCKS

(avg.

i

1973
Data:

i

i

I

i

t

i

i

i

I

i

i

i

i

i

1975

1974

(Wednesday close)

of daily close)

I

J F M A M J

1976

J

A S O N D

Stand. & Poor's Corp.

1967=100

Billion $
60

WHOLESALE PRICES

220

SALES OF RETAIL STORES
(seasonally adjusted)

Farm Products and
Processed Foods and Feeds

200

Commodities
/

All

30 h

Commodities

\

Nondurable

120 L W M I I i i i i i
Data:

' ' i I i i i i i I i i i i i I i I.I i i

I I I I I I I I I I

1973

1974

1975

20
1973

U.S. Dept. of Labor

Data:

HOURS

5.40

52
MANUFACTURING

5.20 -

HOURS

" 50
/ **

Average Hourly
Gross Earnings
(left scale)

4.60

\

4.40

\

Billion $

16.0 -

4.00

i i y<f\\
Data:

U.S. Dept. of Labor

~

-

K
/

Extended

A Av

14.0

42

Aver age Hour
Per Week
scale)
(righl

-L-L-LJ
1974

AND

(seasonally adjusted)

- / *

-

/

\

/

J

-

44

XI

i i i.i

1973

INSTALLMENT

EXTENDED

~ •46

/ ]

\ /
J y

4.20

CREDIT

48

^ ^ r
_^r-S^

f

i i i i

1976

17.0

15.0
4.80

1975

U.S. Dept. of Commerce

REPAID

5.00

1974

CONSUMER

&

EARNINGS
(Hours seasonally adjusted)

ih

I I I I I I I I I

1976

DOLLARS

Goods

40
l l l l l l l

1975

I I I I I 1 i i I I 1 1 38

_

13.0

/ V

*^V V / S / V ^

Re

Pa,d

/

12.0

/
• . • i • 1 • I I , , 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 u 1 II II

11.0

1976

1973
Data:

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

provides selected weekly a n d monthly d a t a subsequent to those published in the latest monthly


Federal Reserve Board

SURVEY

1974

1975

1 1.1 1 1 1 1

1 1 1

1976

1

WEEKLY BUSINESS STATISTICS

2

1975

ITEM
Apr. 5

1976
Apr. 12

Mar. 20

Mar. 27

Apr. 3

Apr. 10

1967=100
do. .
do..

203.5
232.8
185.4

199.9
225.2
184.0

196.9
199.9
194.8

197.1
199.9
195.1

197.3
198.4
196.4

mil. $
do. .

10,394
7,345

10,491
7,376

11,932
7,917

12,040
7,834

12,726
8,164

INITIAL UNEMPLOYMENT CLAIMS, State programs
thous
INSURED UNEMPLOYMENT, all programs......
do..
State programs (50 States, D.C., and Puerto Rico)-.. . .do. .
FAILURES, INDUST. AND COMMERCIAL (Dun £ Bradstreet)..number

506
5,820
4,959
25 7

496
5,727
4,866
203

330
4,358
3,399
261

314
4,215
3,272
304

329
194

176

78,030
92,679
35,087
279

78,355
90,793
34,663
111

85,260
99,776
33,958
252

85,181
103,133
33,606
170

85,153
101,845
34,221
401

e85,735
98,043
33,605
156

105,284
62,712
378,618
28,021
126,250
59,832

104,982
62,508
378,622
29,146
125,874
59,440

103,327
76,948
379,940
41,747
115,768
59,660

103,235
77,408
377,420
41,432
115,056
60,335

105,889
78,223
377,623
41,781
114,594
60,417

9.38
82.43
92.47

9.46
82.84
93.03

9.18
100.86
113.48

9.14
103.42
116.57

9.10
102.77
115.66

11,250
34,684
118,645
8,399

12,520
34,346
131,391
8,362

13,340
37,307
177,979
8,049

14,075
36,012
183,850
8,049

11,285
36,022
174,893
8,146

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs.
13 Raw industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

FINANCE:
Currency in circulation 3/
mil. $ .
Federal Reserve bank credit outstanding, total _3/....do...
Member bank reserve balances 3/
do. ..
Excess reserves, estimated 3/
do. . .
Assets and liabilities of large commercial banks: 4/
Demand deposits, adjusted
7. .do. . .
Savings deposits
do. . .
Loans and investments, gross adjusted, total
do...
U.S. Government obligations.
do...
Commercial and industrial loans (gross)
do. ..
Real estate loans (gross)
do...
Bond yields, domestic corporate (Moody's) 3/
percent.
Stock prices, 500 stocks (Stand. § Poor's)~4/..1941-43=10.
Industrial, 425 stocks
do...
PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/

thous. sh. tons.
'....mil. kw.-hr.
number.
thous. bbl.

199.6
201.5
198.2

9.08
102.21
114.99

195,545

Steel, raw
thous. sh. tons.
2,655
2,563
2,508
2,592
2,541
2,588
84.0
86.8
87.9
Rate of capability utilization 5/
percent.
85.7
15.1
15.5
"
14.'
2
*
J3*.
7
RAIL FREIGHT, REVENUE TON-MILES
T
...bil. .
1/ Data do n o t always cover calendar weeks. 2/ Tuesday p r i c e . 3/ Daily a v e r a g e . 4/ Wednesday d a t a . 5_/ C a p a b i l i t y f o r a f u l l o r d e r book
based on c u r r e n t a v a i l a b i l i t y of raw m a t e r i a l s , f u e l s , s u p p l i e s , and i n d u s t r y f a c i l i t i e s ,
ej E s t i m a t e d .

MONTHLY

BUSINESS STATISTICS
1975

ITEM
Feb.
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED) , TOTAL 1/
Durable goods stores
Automotive dealers
Furniture, home furn., and equip, stores
Building materials and hardware dealers
Nondurable goods stores
Apparel and accessory stores
Drug and proprietary stores
Eating and drinking places.
Food stores
Gasoline service stations
General merchandise group with nonstores
ESTIMATED SALES (SEAS. ADJ.) , TOTAL 1/
Durable goods s t o r e s
Automotive dealers
Furniture, home furn., and equip» stores
Building materials and hardware dealers
Nondurable goods stores
Apparel and accessory stores
Drug and proprietary stores
Eating and drinking places
Food stores
Gasoline service stations
General merchandise group with nons tores
ESTIMATED RETAIL INVENTORIES, END OF MONTH:
Unadjusted, total
Adjusted, total
RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated s a l e s ( u n a d j u s t e d ) , t o t a l
Estimated s a l e s ( s e a s o n a l l y a d j u s t e d ) , t o t a l
r / Revised.
31,378

Dec.

Jan.

Feb.

Mar.

mil. $.
do. ..
do.. .
do..,
do. . ,

39,802
12,279
7,258
1,793
1,439

44,937
13,270
7,641
1,971
1,631

60,681
16,855
8,412
2,925
2,073

r46,767
rl4,213
r8,299
r2,138
rl,710

r45,091
rl4,677
r8,900
r2,058
1,764

52,280
18,073
11,312
2,315

do. ..
„do...
do. . .
do. . .
do. . ,
do...
do. ..
do . . .
..do..,
do. . ,
do. ..
.do.. .

27,523
1,606
1,332
3,288
9,678
3,053
5,524
46,914
14,664
8,420
2,051
1,892

31,667
2,077
1,430
3,668
10,706
3,424
7,039
45,951
13,378
7,361
2,046
1,819

43,826
3,894
2,114
4,110
11,778
3,817
14,005
51,990
16,877
9,922
2,337
2,059

r32,554
rl,976
rl,481
f3,889
rll,723
r3,654
r6,247
r51,592
rl6,730
r9,605
2,273
r2,255

r30,414
rl,763
rl,465
r3,761
rl0,486
r3,440
r6,165
r52,414
rl7,296
rl0,286
r2,326
2,279

34,207
2,069
1,510
4,073
11,410
3,751
7,668
53,869
17,697
10,523
2,399

do..
do...
do. . ,
do..
do. .
do..,
do..

32,250
2,189
1,449
3,828
10,643
3 465
7,533

32,573
2,099
1,488
3,821
10,805
3,497
7,599

35,113
2,354
1,578
4,220
11,270
3,859
8,499

r34,862
r2,311
rl,522
r4,213
rll,433
r3,867
r8,022

r35,118
r2,362
rl,575
r4,216
rll,402
r3,822
r8,334

36,172
2,400
1,580
4,310
11,809
3,863
8,585

do. .,
do..

71,346
72,308

72,475
71,728

71,127
73,081

71,256
73,610

73,350
74,344

do..,
do..,

12,047
14,661

14,342
14,882

21,871
16,007

rl4,124
rl5,663

13,206
15,912

1/ Data f o r Mar. 1976 are advance e s t i m a t e s .




1976

MONTHLY BUSINESS STATISTICS—Continued

3
1976

1975
ITEM
Feb.

Mar.

Dec.

Jan.

Feb. p/

Mar. p/

LABOR FORCE, EMPLOYMENT, AND EARNINGS
EMPLOYEES ON PAYROLLS OF NONAGRIC. ESTAB., SEAS. ADJ

thous..

1

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

76,804
62,210
43,835
22,691
724
3,592
18,375
10,813
7,562

76,468
61,850
43,624
22,422
729
3,467
18,226
10,728
7,498

77,796
62,793
44,225
22,743
769
3,406
18,568
10,717
7,851

r78,179
r63,214
r44,492
r22,914
r764
r3,428
rl8,722
rl0,820
r7,902

r78,320
r63,330
r44,571
r22,885
r765
r3,361
rl8,759
rl0,848
r7,911

78,511
63,475
44,641
22,952

54,113
4,565
16,879
4,189
12,690
4,210
13,865
14,594
2,733
11,861 !

54,046
4,506
16,851
4,178
12,673
4,207
13,864
14,618
2,733
11,885

55,053
4,477
17,080
4,190
12,890
4,264
14,229
15,003
2,755
12,248

r55,265
r4,494
rl7,233
r4,214
rl3,019
r4,266
rl4,307
14,965
2,746
12,219

r55,435
4,518
rl7,302
4,238
rl3,064
4,268
rl4,357
rl4,990
r2,740
rl2,250

55,559
4,505
17,357
4,243
.. 13,114
4,277
14,384
15,036
2,740
12,296

51,005
13,051
7,634

50,663
12,915
7,561

51,592
13,311
7,603

r51,963
rl3,448
r7,698

r52,071
rl3,491
r7,728

52,180
13,545
7,777

36.1
36.8
38.8

35.9
34.9
38.9

36.4
37.3
40.3

r36.5
37.7
40.5

36.2

2.4

2.3

3.0

3.0

39.7

39.5

40.7

40.9

772
3,346
18,834
10,914
7,920

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

Average weekly hours per worker, seasonally adjusted:
Total private
hours ..

2.5

2.3

2.9

2.9

36.5
r38.0
r40.4
r3.1
r40.8
r3.1

107.0
90.7
116.7
104.1
87.4
87.9
118.4
103.5
113.7
114.2
124.5
129.9

105.9
88.4
115.9
94.5
86.4
86.6
118.1
102.1
113.9
114.8
123.6
129.6

109.3
94.3
125.7
98.8
92.5
90.0

rll0.6
95.3
124.4
r98.6
93.7
r91.6
rl21.1
rl02.4
rll7.2
rll8.5
rl25.5
rl33.8

110.1
,94.4
123.5

119.7
101.7
115.5
116.6
124.5
132.3

rll0.3
95.5
rl25.2
rl00.3
93.7
91.3
rl20.6
rl01.5
rll6.8
rll8.1
125.1
rl33.3

4.43
5.71
6.98
4.68
5.70
3.67
4.02
3.97

4.46
5.76
7.18
4.72
5.75
3.67
4.08
3.99

4.68
6.11
7.46
4.96
6.17
3.84
4.22
4.22

4.73
6.19
r7.46
5.00
r6.22
r3.87
r4.24
4.25

.4.75
r6.28
r7.48
r5.04
r6.25
r3.87
r4.29
r4.27

4.76
6.29

167.8
106.7
177.6
168.8
166.1
175.6
164.1
157.3
172.1

169.1
107.1
178.5
173.7
167.7
176.8
164.8
159.8
172.8

178.6
107.3
190.2
180.3
177.6
190.5
172.4
165.1
182.6

rl79.6
rl07.5
rl92.2
rl80.0
rl78.8
rl92.2
rl74.0
rl65.9
rl84.6

rl80.6
rl07.9
rl94.4
rl80.8
rl79.7
rl92.7
rl73.9
rl67.6
rl85.2

181.2

40.2

3.2
40.6

3.1

Indexes of aggregate weekly hours, seasonally adjusted:

Transportation, communication, electricity, gas..do....

Hourly earnings, average, seasonally adjusted:
Total private nonf arm payrolls

Transportation, communication, e l e c , gas, etc

dollars . .

do....

Average hourly earnings index, seasonally adjusted:
Current dollars
1967=100. . i

Transportation, communication, e l e c , gas, etc.

do....

Feb.

5.08
6.30
3.88
4.30
4.27

194.7
180.8
193.5
174.4
168.1
184.8
1976

1975
Jan.

93.8
91.8
120.9
101.9
117.0
118.5
125.1
133.7

Nov.

Dec.

Jan.

Feb.

32,265
16,746
4,356
11,162

32,750
16,930
4,546
11,274

FINANCE
AGRICULTURAL LOANS AND DISCOUNTS OUTSTANDING OF AGENCIES
SUPERVISED BY THE FARM CREDIT ADM.:
Total end of month
mil. $. .

27,991
14,086,
3,910
9,995

28,332
14,326
3,821
10,185

31,265
16,380
4,041
10,845

9.94
9.61
10.31

8.29
7.99
8.53

7.54
7.14
7.93

9.87
10.24
10.01
9.99

8.15
8.70
8.37

7.50
7.86
7.56
7.77

31,741
16,564
3,979
11,198

Money and interest rates:
Bank rates on short-term business loans:

r/ Revised, p/ Preliminary.
31,378



8.67 1

MONTHLY BUSINESS STATISTICS—Continued
1975
Jan.
FINANCE--Con.
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERMS):
Installment credit extended and liquidated:
Unadjusted:
Extended, total 1/
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit

Seasonally adjusted
Extended, total 1/
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit

Jan.

14,085
3,756
298
343

17,246
3,926
240
332

13,907
3,601
202
304

13,116
3,739
222
340

1,699
376

1,221
319

1,642
304

2,338
446

1,948
408

1,559
371

do. . .
do.. .
.do.. ,
do...

13,638
3,598
304
340

12,195
3,380
307
334

13,275
3,562
295
356

14,628
3,776
337
393

14,980
3,911
311
342

13,768
3,539
318
349

do.. .
do. ..

1,615
347

1,399
319

1,591
316

1,761
384

1,876
380

1,722
370

do.. ,
do.. .
do.. .
do.. ,

12,846
3,334
301
288

13,244
3,881
256
305

14,877
4,218
330
409

15,295
4,405
291
418

16,205
4,511
288
459

15,824
4,378
282
429

1,581
351

1,522
349

1,752
348

1,719
412

1. 840
397

1,931
407

13,277
3,604
342
346

13,109
3,622
330
360

14,073
3,814
311
371

14,403
3,865
364
395

14,910
4,023
342
353

14,656
3,746
346
372

do..
do..

1,419
336

1,472
336

1,723
346

1,768
399

1,733
374

1,798
388

mil. $

155,790

154,639

159,200

161,819

160,745

.....do...
do.. .

Total installment credit outstanding, end of year or
month 1/

Dec.

11,044
3,312
208
249

do.. .
...do...

Liquidated, total 1/
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit

1976
Nov.

11,327
2,830
223
222

......mil. $.
do.. .
do. . .
do.. .

Liquidated, total 1/
Automobile paper
Mobile home
Home improvement
Revolving:
Bank credit card
Bank check credit

Feb.

do.. ,
..do.. ,
do..
do.. .

1/ I n c l u d e s d a t a f o r items n o t shown s e p a r a t e l y .
USC0MM--DC--31,378

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