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April 2,1976
A WEEKLY

v BUSINESS
I STATISTICS

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
Billion $
450
425

—

Bill ion $

450

Monthly

TOTAL LOANS A N D INVESTMENTS

-

( W e e k l y R e p o r t i n g M e m b e r Banks o f Federal Reserve System)

-

400

*-~

375

425

-

1976

400

1975

XsA^,,/^^

375

350

-

-

350

325

- —

325

300
(average

of Wednesday

data)

275
250

i

i

i

i

i

1 i

i

i

i

i

1973

i

i

i

i

i

1 i

i

i

j..__

i

i

i

1974

i

i

1 i

i

i

i

i

—.1—L-.L..J. ..J

1975

{Wednesday

-

275
1 1 1

1 L—I-...L-I. J - -

J

1976

300

data)

250

1 1 1 1 1 1 1 1

F M A M J J A S O N D

Data: Federal Reserve Board

INDEX, 1941-43=10

INDEX, 1941-43 = 10
Monthly

135 _ PRICES OF 425 INDUSTRIAL STOCKS

-

( a v g . o f d a i l y close)

Weekly
—
f

(Wednesday close)
J 976

-

125
llO

—

105
95

-

85

-

75
—I—I—I—I

L_ I

I

I

I

1 I

1973

1

i

i

i

i

i

1

1 I

I

i

I

i

1 1 1 1 1 1 1 !

1975

1974

i i i

1 1J

J

1976

I I

F M A M J J A S O N D

Data: Stand. & Poor's Corp.

1967=100
140

TOTAL INDUSTRIAL PRODUCTION

~

(F.R.B. seas. a d j . index)

DOLLARS
5.40
MANUFACTURING HOURS &
5.20
EARNINGS

HOURS
52
50

(Hours seasonally adjusted)

48

5.00 h

"

130

4.80 h
4.60 \-

120

46

Average Hourly
Gross Earnings
(left scale)

44

S

Average Hour
Per Week
(right scale)

4.40

42
40

110
I I M I I 1 U.4 1 I I " I i 1

1973
Data: Federal Reserve Board

1974

I I l i I l I

1 i 1.1 1 1 1 1 1 1' ' 1• ' " I

1975

1976

1973
U.S. Dept. of Labor

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement
and monthly data subsequent to those published in the latest monthly SURVEY

provides selected weekly



1974

1975

' ' • '

1976

38

WEEKLY BUSINESS STATISTICS1
1976

1975
Mar. 22

Mar.

29

Mar. 6

Mar. 13

Mar. 20

Mar. 27

197.1
199.9
195.1

197.8
223.0
182.0

200.8
229.6
183.0

193.7
199.8
189.4

195,3
201,9
190.7

196.9
199.9
194.8

10,392
7,263

10,849
7,635

11,433
7,842

11,559
7,698

11,932
7,917

499
5,821
5,021
302

477
5,853
5,020
247

367
4,573
3,598
228

343
4,466
3,495
208

330

261

304

77,874
89,381
34,510
20

77,767
92,719
34,819
144

84,106
102,842
34,094
417

84,787
99,383
33,396
115

85,260
99,776
33,958
252

e85,181
103,118
33,591
155

101,068
61,632
379,840
26,915

102,076
61,555

375,791
27,243

126,270
60,01.8

125,732
59,508

101,713
76,031
376,483
40,477
115.977
59,673

104,131
76,469
381,558
40,265
115,919
59,614

103,436
76,817
380,007
41,754
115,781
59,595

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

9.28
84.34
94-60

9.34
83.59
93.89

9.20
99.98
112.38

9.20
100.94
113.57

9,18
100,86
113.48

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.

12,395
34,519
124,800
8,370

11,920
34,116
105,821
8,385

12,325
36,420
174,481
8,049

13,235
37,511
184,634
8,049

13,330
37,307
177,979
8,049

Steel, raw
Rate of capability utilization 5/
M I L FREIGHT, REVENUE TON-MILES.

thous. sh. tons .
percent.
bil.

2,669

2,673

14.6

13.7

2,468
82.7
14.8

2,538
85.0
15.0

2,508
84.0
15.1

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials

1967=100.
do. . .
do...

ALL RETAIL STORES, SALES
Nondurable goods stores

mil. $.
do. ..

INITIAL UNEMPLOYMENT CLAIMS, State programs
thous.
INSURED UNEMPLOYMENT, al 1 programs
do. . .
State programs (50 States, D.C., and Puerto Rico)
do...
FAILURES, INDUST. AND COMMERCIAL (Dun § Bradstreet)...number.
FINANCE:
Currency in circulation 3/
mil. $.
Federal Reserve bank 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
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/
C + n^l,
Jl-Wt-ft

^~1 ~nrjJJ.J.\_UO ,

CnCl
U\J\J

^4-n«l,n
J*,\J\~l\J

rC+nr,^
^UtOUU^

P
M

D n n v l r l
l \J\JJ. ~> J

Industrial, 425 stocks

percent.

A I
1 Q A 1 ... A 1- 1 fl
-TJ • • • • • • - ' - T ••. -r*s
J.U .

9.14
1.03.42
116.57

184,244
2,592
86.8

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

MONTHLY

BUSINESS STATISTICS

Feb.

Nov.

Dec.

Jan. p_/

Feb. e/

GENERAL BUSINESS INDICATORS
INDUSTRIAL PRODUCTION (F. R. INDEX OF QUANTITY OUTPUT): 1/
SEASONALLY ADJ., TOTAL INDEX (INCL. UTIL)
1967=100
BY MARKET GROUPINGS:
Products, total
do..
Final products
do. .
Consumer goods
do..
Durable consumer goods
do..
Automotive products
do. .
Autos
do..
Auto parts and allied goods............do.,
Home goods
do..
Nondurable consumer goods
do. .
Clothing
do. .
Consumer staples
do..
Equipment
Business
Defense and space equipment
Intermediate products
Materials
Durable goods materials
Nondurable goods materials
Fuel and power, industrial
BY INDUSTRY GROUPINGS:
MANUFACTURING, TOTAL
Durab le manufactures
Primary metals
Fabricated metal products
Machinery
Transportation equipment ..,,.„....
Instruments
Lumber and products
Clay, glass, and stone products
Furniture and fixtures

113.7

111.2

rll7.6

rll8.5

119.5

120.1

115.4
114,9
120.1
104.0
80.3
62.6
114.4
117.5
126.5
95.0
134.5

113,7
113.4
118,9
101.0
78.2
58.9
115,5
114.0
125.6
94.5
133.6

r!18,0
rll7.9
rl28.9
rll8.8
rl09.3
100.0
rl27.2
124.2
rl32.7
rl06.2
rl39.8

rll9.4
rll9.1
rl30.3
rll9.9
rill.8
rlOO.l
rl34,l
rl24.5
rl34.3
rl08.0
rl41.2

120.5
120.1
131.5
121.9
113.0
99.2
139.7
126.8
135.1

121.1
120.7
132.3
123.3
117.0
105.1
140.0
127.0
135.7

141.8

142.2

.-. do..
do..
do..
do. .
do.,
do..
do..
do..

107.8
122.3
83.8
117.6
110.5
110,3
109.2
117.8

105.3
119.3
82.4
115.1
107.4
107.0
105.7
118.1

rl02.5
rll6.5
r79.4
rll8.5
T116.8
rll0.9
rl24.9
rl20,7

rl03.6
rll7.9
r79.7
rl20.6
rll7.1
rill. 3
rl25.6
rll7.3

104.3
118.7
80.2
121.7
117.9
112.5
126.2
117.4

104.5
119.2
80
122,
118,
113
126,
118,

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

111.8
108.2
107.2
118.2
119.6

109.3
104.8
102.1
113.7
115.6
77,1
134.2
99.6
107,8
110.6

rll6,3
rl07.8
r98.1
rll7.3
rll4.2
r94.1
137.0
rllS.O
rill.2
rlll.O

rll7.2
rl08.4
r95.3
rll8.1
rll5.3
95.4
rl38.2
rll6.8
rll2.2
rll2.3

118.0
109.2
97.7
118.3
115.6
94.1
140.6
120.1
117.8
113.6

119.0
110.1
98.8
119.4
116.2
95.5
141.5

78
139
99
115
110

r/ Revised. p_/ Preliminary, ej Estimated. 1/ Data for many of the industrial production indexes appearing in the March 26 BUSINESS
STATISTICS are incorrect. The corrected indexes are shown here and will be in the March SURVEY.
31,514




MONTHLY

BUSINESS STATISTICS — Continued
1975

ITEM
Feb.

Jan.

1976
Nov.

Dec.

Jan.

pl31.0
pl25.9

el31.7

p79.2
pl31.4
pll2.2
pl56.5
pl23.0
155.5
pl32.3

ell2.5
el58.0
el20.8

Feb.

GENERAL BUSINESS INDICATORS—Con.
IND. PROD. (F. R. INDEX OF QUANTITY OUTPUT)--Con. 1/
SEAS. ADJ., TOTAL INDEX (INCL. UTIL.)--Con.
BY INDUSTRY GROUPINGS—Con.
MANUFACTURING--Con.
Nondurable manufactures
1967=100.
Textile mill products
do...
Appare 1 products
do...
Leather products ,
do.. .
Paper and products
do...
Printing and publishing
do...
Chemicals and products
do...
Petroleum products
do...
Rubber and plastics products
do...
Foods
do. . .
Tobacco products
do. ..
MINING
".
do. . .
Metal mining
do...
Coal
*
do.. .
Oi 1 and gas extraction
do...
UTILITIES
do...
Electric
do.. .

117.2
95.6
94.0
66.1
114.3
104.1
139.0
126.8
135.4
122.3
104.7
107.0
133.8
111.3
102.9
152.1
162.5

115.6
93.3
92.6
66.7
109.5
104.7
134.6
123.7
132.0
122.3
108.4
108.6
131.1
117.5
105.0
150.9
161.1

rl28.7
rl25.2
rl01.3
r83.5
127.3
106.2
rl55.2
rl26.8
rl51.5
rl29.1
rll3.7
rl06.9
122.1
rll9.9
rl03.8
rl54.0
rl65.1

rl30.0
rl25.7
104.0
81.5
rl29.0
rl08.5
rl56.1
rl27.5
rl53.7
rl31.2
104.6
rl04.1
rl20.9
rl04.5
rl02.6
rl56.1
167.0

166 = 3
106.2
174.9
170.4
164.8
174.3
162.6
154.9
170.4
77

167.
106.
177.
168.
166.
175.
164.
157.
172.
76

178.2
107.7
189.4
179.2
176.9
190.7
172.9
167.1
182.2
87

112,633
88,856
77
81,086
11,621
112,633
32,838
28,644
70,679

el33.3

pl04.9
123.7
pl07.3
pl02.2
t>157.0

el03.0
e99.9
el57.9

178
107
190
180
177
190
172
165.1
182.6

179.8
107.6
rl92.3
rl81.G
rl78.7
rl91.5
rl74.9
rl66.8
rl84.5
87

pl80.7
pl08.0
pi95.1
pl80.2
pl79.6
pl92.3
pl75.0
pl69.5
pl84.7
93

118,432
95,051
45
85,137
11,599
118,432
32,125
25,971
76,683

123,997
99,149
211
87,934
11,599
123,997
34,780
26,052
78,770

rl23,983
r99,504
r66
89,971
11,599
rl23,983
r38,326
r27,306
76,516

pl22,100
98,389
61
88,990
11,599
pl22,100
36,142
24,555
76,648

el03.1

LABOR FORCE, EMPLOYMENT,. AND EARNINGS
Earnings per production or nonsupervisory worker on payrolls
of private nonfarm establishments:
Average hourly earnings index, seasonally adjusted:
Current dollars
1967=100
1967 dollars
do. .
Mining
do. .
Contract construction
do. .
Manufacturing
do. .
Transportation, communication, e l e c , gas, etc
do..
Wholesale and retail trade
do. .
Finance, insurance, and real estate
do..
Services
do. .
HELP-WANTED ADVERTISING, SEASONALLY ADJUSTED INDEX
do..
FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
Assets, total
Reserve bank credit outstanding, total
Time loans
U.S. Government securities
Gold certificate account
Liabilities, total
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation

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

112,562
88,669
103
81,344
11,635
112,562
33,631
28,839
69,945

MONEY AND INTEREST RATES:
Home mortgage rates (conventional 1st mortgages):
New home purchase (U.S. average)
percent.
Existing home purchase (U.S. average)
do.. .

9.33
9.53

9.12
9.40

9.01
9.30

9.01
9.28

rS.99
r9.27

p8.94
p9.24

9,203.0
9,124.1
9,373.4
9,816.6
9,635.5

8,543.8
8,498.1
8,754.6
7,169.7
7,927.6

526.7
513.7
409.3
910.7
8,203.6

9,328.7
9,303.5
9,249.9
8,888.9
8,525.7

8,769.8
8,760.2
9,103.4
9,009.0
9,176.0

8,742.4
8,737.6
8,800.1
8,111.2
8,940.9

8,324

6,978

5,703

6,071

7,246

373
608
843
165
1,440

334
515
855
160
1,257

284
297
516
146
926

296
319
559
152
912

317
307
552
160
1,074

931
500
877
213
664
3,140
1,194
1,196

800
295
771
182
512
2,390
939
886

549
285
542
170
388
2,435
819
1,083

553
264
530
151
528
2,624
927
1,126

675
282
546
182
868
3,240
1,074
1,471

**3,711
**2,375
**914
**3,776
**778
**1,345
**1,313
**5,315

1,130
515
279
1,189
232
354
414
1,589

1,246
579
321
1,170
258
359
557
1,581

1,025
530
338
1,812
240
416
896
1,988

FOREIGN TRADE
EXPORTS (MDSE. ) , INCL. REEXPORTS, TOTAL
Excl. Department of Defense Shipments
Seasonally adjusted
GENERAL IMPORTS, TOTAL
Seasonally adjusted

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

METALS AND MANUFACTURES
STEEL PRODUCTS, NET SHIPMENTS:
Total (all grades)
thous. short tons.
By products:
Semifinished products
do..
Structural shapes (heavy), steel piling
do..
Plates
do..
Rails and accessories
do..
Bars and tool steel, total
do. .
Bars:
Hot rolled (incl. light shapes)
do..
Reinforcing
do. .
Pipe and tubing
do..
Wire and wire products
do..
Tin mill products
do. .
Sheets and strip (incl. electrical), total
do..
Sheets: Hot rolled
do..
Cold rolled
do. .
By market:
Service centers and distributors
Construction, including maintenance
Contractors ' products
Automotive
Rail transportation
Machinery, industrial equipment and tools
Containers, packaging, shipping materials..,
Other
r/ Revised, p/ Preliminary,



e/ Estimated.

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

4,873
2,635
1,149
3,045
*969
1,649 i
1,814
6,479

1/ See note 1 on p. 2.

V

For 1st quarter 1975. * V For 2nd quarter 1975.

MONTHLY BUSINESS STATISTICS—Continued

4

1975

METALS AND MANUFACTURES—Con.
MACHINE TOOLS:
M e t a l c u t t i n g type t o o l s :
O r d e r s , new ( n e t ) , t o t a l
Domestic
Shipments, t o t a l
Domestic
Order backlog, end of month
Metal forming type tools:
Orders, new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of month
ELECTRICAL EQUIPMENT:
Household e l e c t r i c a l a p p l i a n c e s , f a c t o r y s a l e s 1/
A i r c o n d i t i o n e r s (room)
Dishwashers
Disposers (food waste)
Ranges
Refrigerators
Freezers
Washers
Dryers (incl. gas)

Jan.

Feb.

Nov.

Dec.

. «.mil. $
do..
do. .
do..
do. .

67.75
55.75
123.35
103.55
1,969.6

46.65
40.90
151.90
124.60
1,864.4

80.85
73.15
134.55
105.95
1,137.4

87.05
71.05
161.95
130.95
1,062.4

73.75
66.15
117.00
101.20
1,019.2

109.85
95.95
129.35
108.95
999.7

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

15.55
8.90
52.80
44.75
484.0

15.95
10.45
64.65
53.60
435.3

21..20
18.80
40.85
34.25
238.6

28.25
23.60
48.15
39.75
218.6

32.80
29.,30
39.25
33.20
212.1

34.95
30.45
45.75
37.90
201.3

.thous
do..
do..
do..
do. .
do..
.do..
do..
do..

1,645
254.6
189
145
145
230
223
240
181.7

rl,758
264.1
rl75.8
rl40.2
rl37.0
r273.7
210.6
300.7
210.0

1,577
60.3
247.6
179.0
156.2
304.7
91.5
296.2
218.7

1,801
223.3
259.7
178.8
183.7
360.9
83.8
279.3
202.9

1,934
261.1
223.8
192.8
167.7
299.7
115.2
368.8
266.4

2,158
264.5
224.4
188.
183,
361,
131
417,
292,

578
463
115
8.1
6.6
1.5

684
536
148
9.1
7.2
1.9

744
655
89
8.7
7.5
1.2

701
600
102
9.4
8.0
1.4

679
588
91
9.6
8.4
1.2

758
651
107
10.2
8.9
1.4

654
610
2.9

500
395
2.3

1,443
1,541
2.4

1,419
1,502
2.3

,520
,476
2.1

1,567
1,461
2.0

TRANSPORTATION EQUIPMENT
Retail sales, new passenger cars:
Total, not seasonally adjusted
...thous
Domestics
do..
Imports
do..
Total, seasonally adjusetd at annual rate
mil
Domestics
do..
Imports
do..
R e t a i l i n v e n t o r i e s , new c a r s ( d o m e s t i c s ) , end of month:
Not s e a s o n a l l y a d j u s t e d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . t h o u s
Seasonally a d j u s t e d
do..
I n v e n t o r y - s a l e s r a t i o , new c a r s (domestics)
ratio
r / Revised. p_/ P r e l i m i n a r y ,
USC0MM--DC—31,354

1976
Feb. p_/

1/ Includes data not shown s e p a r a t e l y .
~

UNITED STATES
GOVERNMENT PRINTING OFFICE
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