The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BUSINESS STATISTICS A UNITED STATES DEPARTMENT OF mmmmm .PUBLICATION 1Q y UJ w Iki f\M\ n A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS* AUGUST 13, 1971 is, iiPiiiliiT ir 1941-43 = 1941-43 = 10 130 PRICES OF 425 INDUSTRIAL STOCKS (avg.*°d*ty dose) 120 - 110 - 100 - 90 - 80 , 1—1 1—L_J 1—1 1 UJ—1— 1 1 1 L-J—1—1—1 1968 1 L LJ 1 I, 1—UJ—1—LJUJ-,.1 1969 1 1 ) 1 UJ—1 1970 1 1 1 L. J 1971 F M A M J J A S O N D Data: Standard & Poor's Group 1967 = 100 Billion $ 35 SALES OF RETAIL STORES WHOLESALE PRICES 125 30 h 120 Farm Products (seasonally adjusted) 25 h 20 Nondurable 15 Goods Durable ...A..... 10 1969 1970 1968 1971 Data: Federal Reserve Board 1969 1970 1971 Data: U.S. Dept. of Commerce Dollars 3.80 i Ii i i i i i i h i i i i Ii i i i iIi i i ii 1 ii I 1968 Goods Hours 48 MANUFACTURING HOURS & EARNINGS Billion $ 11.0 CONSUMER INSTALLMENT CREDIT EXTENDED A N D REPAID 10.0 ~ (seasonally adjusted) 3.60 (Hours seasonally adjusted) 46 3.40 Average Hourly Gross Earnings (left scale) \ 44 9.0 42 8.0 Extended 3.20 v * A f 3.00 Average 2.80 Hours Per Week 1968 1969 7.0 38 6.0 *** I (right scale) . 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 1970 II i i Ii i i i i 1971 U.S. Dept. of Labor n u i l i i i a . . . . . 1 , . . 1968 Data: Federal Reserve Board * A v a i l a b l e o n l y w i t h subscription t o t h e SURVEY O F CURRENT BUSINESS, this S u p p l e m e n t provides selected v • Repaid 40 w e e k l y a n d monthly d a t a subsequent t o those p u b l i s h e d in t h e latest monthly SURVEY 1969 ., I 1 t. 1 _L. J 1 1 1 1.1 •J-U-L-jJ-lJLl-l I. 1970 1971 WEEKLY 2 BUSINESS STATISTICS 1970 1971 ITEM Aug. 8 Aug. 1 July 17 July 24 July 31 Aug. 7 108.5 1967=100.. 112.8 113.1 108.2 108.5 108.3 mil. $.. do.... 6,985 4,675 6,875 4,862 7,459 5,040 7,434 4,934 7,532 4,951 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.. 294 1,933 1,789 209 279 1,912 1,767 233 368 2,408 1,978 211 342 2,430 1,996 177 340 179 FINANCE: Currency in circulation _3/ mil. $.. Federal Reserve bank credit outstanding, total _3_/...do...• Member bank reserve balances _3/ do.... Excess reserves, estimated 3J do.... 54,488 63,469 28,183 153 54,588 63,713 28,142 188 59,182 71,266 30,311 41 58,955 71,997 30,969 329 58,683 70,641 30,602 76 Assets and liabilities of large commercial banks: _4/ Demand deposits, adjusted mil. $.. 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.... 79,854 46,344 233,130 23,378 79,342 33,597 79,123 46,379 234,415 23,706 79,404 33,617 84,824 53,319 257,713 26,614 82,505 35,928 83,143 53,309 256,134 25,937 82.182 36,073 83,748 53,164 255,977 25,498 81,824 36,'130 Bond yields, domestic corporate (Moody's) 3J percent.. Stock prices, 500 stocks (Stand. & Poor's) 4/.1941-43=10.. Industrial, 425 stocks do.... 8.76 78.04 85.63 8.75 77.18 84=63 8.14 99.22 109.30 8.14 99.28 109. 39 8.16 97.07 106.94 1,751 33,311 31,458 9,349 1,938 32,300 19,038 9,912 2,130 33,668 133,372 9,608 1,823 32,921 102,685 9,630 1,648 32, 258 59,034 9,623 2,436 99.8 14.4 2,388 97.9 13.9 2,314 94.8 12.3 WHOLESALE PRICES, 22 COMMODITIES 2/ ALL RETAIL STORES, SALES Nondurable goods stores PRODUCTION: Bituminous coal 3J Electric power, by utilities Motor vehicles (passenger cars) Petroleum (crude) and condensate _3/ thous. sh. tons.. mil. kw.-hr.. number.. thous. bbl.. Steel, raw Index of production RAIL FREIGHT, REVENUE TON-MILES thous. sh. tons.. 1967=100.. bil.. 1/ Data do not always cover c a l e n d a r weeks. 2,406 98 = 6 14.1 2/ Tuesday p r i c e . MONTHLY 3J Daily a v e r a g e . 1,966 80.6 175 58,691 70,845 30,938 471 8.21 93.89 103.37 53,005 947 38.8 4/ Wednesday d a t a . BUSINESS STATISTICS 1971 1970 May Mar. May Apr. June GENERAL BUSINESS INDICATORS INDUSTRIAL AND COMMERCIAL FAILURES (Dun & Bradstreet, Inc.): Failures, total number. Commercial service do. . . Construction do... Manufacturing and mining do... Retail trade do... Wholesale trade do... 891 109 164 145 388 85 912 143 132 157 396 84 1,042 156 154 196 444 92 989 126 159 167 440 97 912 139 134 171 385 83 935 137 118 199 410 71 Liabilities (current), total thous. $. Commercial service do. .. Construction do... Manufacturing and mining do... Retail trade do.. . Wholesale trade do... Failure annual rate (seas. adj.)..No. per 10,000 concerns. 147,888 9,289 19,306 83,118 23,774 12,401 42.1 170,498 16,680 21,229 93,485 29,232 9,872 43.4 224,646 95,547 18,128 47,949 38,132 24,890 43.9 153,796 19,252 23,788 53,873 41,368 15,515 42.9 249,489 46,032 23,881 62,175 104,367 13,034 42.8 165,840 16,122 24,406 85,082 29,952 10,278 44.3 1971 1970 July Apr. May June July COMMODITY PRICES SPOT MARKET PRICES, BASIC COMMODITIES: 22 Commodities 9 Foodstuffs 13 raw materials WHOLESALE PRICE INDEX: ALL COMMODITIES Farm products Food and feeds, processed Industrial commodities Chemicals and allied products Fuels and related products, and power Furniture and household durables Hides, skins, and leather products 7851 1967=100 do.. do.. 113.8 112.1 114.8 112.9 113.6 112.4 109.7 109.0 110.2 108.8 109.1 108.6 108.1 111.1 106.1 108.3 113.8 104.7 do. . do.. do.. do. . do.. do.. do.. do.. 110. 111. 111.7 109. 102. 104. 107. 109. 110.9 113.4 113.3 110.0 102.5 105.1 107.6 109.8 113.3 113.0 113.5 113.3 104.5 113.0 109.7 114.0 113.8 114.0 114.5 113.7 104.3 114.2 109.9 114.4 114.3 116.0 114.9 113.9 104.4 114.4 109.8 114.2 114.6 113.4 116.0 114.5 104.4 114.4 110.0 114.2 MONTHLY BUSINESS STATISTICS —Continued 3 1970 ITEM June July 114.0 111.0 117.8 113.0 108.1 107.4 107.2 103.3 110.7 113. 111. 117. 113. 108. 109. 107. 103. 111. Apr. May June July 2.1 COMMODITY PRICES - Con. WHOLESALE PRICE INDEX - Con. Industrial commodities - Con. Lumber and wood products 1967=100. Machinery and equipment do... Metals and metal products do... Nonmetallic mineral products do... Pulp, paper, and allied products do... Rubber and plastics products do... Textile products and apparel do... Transportation equipment Dec. 1968=100. Miscellaneous products 1967=100. PURCHASING POWER OF THE DOLLAR AS MEASURED B Y — Wholesale prices 1967=$1.00. 124.6 115.0 117.8 121.6 109.6 109.0 107.5 109.7 112.7 124.9 115.3 118.5 121.8 109.9 108.7 107.8 109.8 112.5 126 115 118 122 110 108 108 110.0 112.6 $0,907 $0,902 $0,883 $0,879 $0,875 DOMESTIC TRADE RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL Durable goods stores Automotive group Furniture and appliance group Lumber, building, hardware group Nondurable goods stores «« = » = Apparel group Drug and proprietary stores Eating and drinking places Food group Gasoline service stations General merchandise group with nonstores mil. $. do*.. do... do... do*,. **«,do... do... do... do... do... do... do... 31,415 10,418 6,272 1,407 1,378 20,997 1,618 1,029 2,474 6,781 2,344 4,930 31,143 9,959 5,860 1,395 1,381 21,184 1,500 1,031 2,554 7,112 2,414 4,790 33,050 10,747 6,737 1,345 1,346 22,303 1,790 1,088 2,302 7,133 2,265 5,546 r33,224 rl0,795 r6,640 rl,365 i1,439 r22,429 rl,680 rl,095 r2,510 r7,174 r2,348 r5,498 34,116 11,541 7,087 1,457 1,617 22,575 1,690 1,090 2,560 7,143 2,415 5,738 ESTIMATED SALES (SEAS. A D J . ) , TOTAL Durable goods stores Automotive group Furniture and appliance group Lumber, building, hardware group Nondurable goods stores Apparel group Drug and proprietary stores Eating and drinking places Food group Gasoline service stations General merchandise group with nonstores do... do... do... do... do... do... do. = =, do... do... do... do... do... 30,518 9,411 5,483 1,413 1,216 21,107 1,694 1,044 2,341 6,818 2,237 5,106 30,729 9,587 5,544 1,395 1,221 21,242 1,704 1,055 2,299 6,751 2,237 5,246 32,844 10,449 6,347 1,472 1,300 22,395 1,729 1,120 2,349 7,104 2,270 5,756 r32,692 rl0,217 r6,131 rl,429 rl,347 r22,475 rl,758 rl,104 r2,411 r7,212 r2,277 r5,723 33,110 10,383 6,175 1,464 1,433 22,727 1,783 1,115 2,408 7,125 2,300 5,959 87,230 84,050 79,382 75,174 4,208 4,669 82,213 78,299 74,763 3,536 3,914 661 87 ,955 84 ,801 80 ,291 76 ,173 4 ,118 4 ,510 82 ,711 78 ,574 75 ,066 3 ,508 4 ,137 694 85,780 82,898 78,204 74,699 3,505 4,694 83,783 78,698 75,140 3,558 5,085 1,071 85,954 83,104 78,709 75,111 3,598 4,394 84,178 78,961 75,503 3,458 5,217 1,202 87,784 84,968 79,478 75,559 3,920 5,490 83,132 78,443 75,149 3,294 4,689 1,173 4.8 3.4 4.5 14. 2. 8. 4. 2. 6. 5. 10. 5. 5.0 3.7 4.9 L4.2 2.7 8.3 4.6 3.0 6.5 5.5 10.8 5.8 5.7 6.1 4.4 6.0 17.2 3.1 10.0 5.6 3.8 7.4 6.3 9.6 7.0 7.5 70,629 620 3,324 19,477 11,286 8,191 4,511 70 587 618 3 314 19 402 11 217 8 185 4 539 70,735 623 3,289 18,690 10,623 8,067 4,491 r70,885 r622 r3,264 rl8,738 rl0,663 r8,075 r4,494 r70,647 r621 r3,231 rl8,634 rl0,606 r8,028 r4,484 14,927 3,849 11,078 3,679 11,532 12,559 2,689 9,870 14 3 11 3 11 12 2 9 15,158 3,888 11,270 3,764 11,800 12,920 2,662 10,258 rl5,211 r3,901 rl1,310 r3,779 rll,8l9 rl2,958 2,662 rl0,296 rl5,171 r3,869 rll,302 r3,796 rll,778 rl2,932 r2,653 rl0,279 LABOR FORCE, EMPLOYMENT, AND EARNINGS LABOR FORCE, total, persons 16 years of age and over, not seasonally adjusted thous. Civilian labor force do... Employed, total do... Nonagricultural employment do... Agricultural employment do... Unemployed (all civilian workers) do... Civilian labor force, seasonally adjusted do... Employed, total do... Nonagricultural employment do... Agricultural employment do... Unemployed (all civilian workers) do... Long-term, 15 weeks and over do... Rates (unemployed in each group as percent of total in the group): All civilian workers Men, 20 years and over Women, 20 years and over Both sexes, 16-19 years Married men Negro and other races White workers Occupation: White-collar workers Blue-collar workers Industry: Private nonfarm wage and salary workers... Construction Manufacturing Dur able goods EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): Total, seasonally adjusted thous. Mining do... Contract construction do... Manuf actur ing ... do... Durable goods do. . . Nondurable goods do... Transportation, communication, electric, gas, etc...do... Wholesale and retail trade Wholesale trade Retail trade Finance, insurance, and real estate. Services Government Federal State and local _r_/ Revised. _p_/ Preliminary. 7851 .do. .do. .do. .do. do. do. do. do. 933 856 077 676 514 591 668 923 6. 4. 6. 17. 3. 10. 5. 3. 7. 6. 11. 6. 7. 5.6 4.2 5.5 15.8 3.1 9.4 5.2 3. 7. 6. 10, 130.6 115.7 119 123 110, 109 109, 110, MONTHLY BUSINESS STATISTICS—Continued 1970 1971 July Apr „ May June J u l y p_/ LABOR FORCE, EMPLOYMENT, AND EARNINGS--.Con. HOURS (GROSS)., A V C WEEKLY PER PROD* WORKER ( M F C PAYROLLS): Manufacturing, seasonally adj usLedc, u ,,„.„„,,«.,.„, „..,..,.«. . h o u r s . 39.8 O v e r L i m c b.our s „ » r, „ .». . o •.•., ..-, „ .., . .=.»=• •.> . -.,.-..»••:.,.-. „ . n . ,. „ * . ,.• ,> =, « do.,... ., 3,1 D u r a b l e goods.,«, „. * ..u . * «,,.,.=...,*. •.. •.>.-, „ <•.,, .•,.,... ... c . ,.-.«,.., = <>,.., odo.,«, c 40,4 O v e r t j.rnc h o u r s o . ,. .= p. = ,w, „.,-t..,,..:... =, ,: ., ,>,-, ,,,,,.... •., .., ., „ ,., „•, ,• .-,.,•..,.do«, .•, « 3,2 N o n d u r a b l e g o o d s . . . . <= w. .„„., . u . . o » . . „ « a 0 0 . = . . o u o <-. „ o . «•. « , » . d o . 0 « 39.0 O v e r t ime hour s « . .-. e <••« . « „ .a .«><•, . f. o o..-.,, „ -, .... . a..,.,.- . => c.. . a . d o «•, ., <> 3-0 MAN-HOUR INDEXES, AGGREGATE WEEKLY, seas, adjusted: 97 .a Manufacturing- .„.«,„ »o»- , ......«,..,«., ,,, „ ....... «,....„.. *., ,1967=100,, Durable goods,, . c.,,. u .. s.,. u . » . . . = .. n „ , , „ *.. „ •-.. o . « <, <•> .? a .., d o * „ o 95.6 N o n d u r a b l c g o o d s « . « . , <•,,, . .>«,,..-..»<=,.«.,„«.«,=... .-..-,,,.=.«.. . .-, .•>..»..„ d o •„ „., 99,-4 HOURLY EARNINGS (GROSS), A V C PER PROD, WORKER ON PAYROLLS; Manufacturing, not seasonally adjusted,, ,,«..-,, B . •?. 0 . . *.-.- odollarso Excl ud ing o v e r t irae..... . =.,.,»-. «. o o « . .= „ „ <=»=. = n <. = c. t. o =, u „Q c do0 »a Durable goods.-,»=. u o 0 .,t .•> „ o o » « o « « <••;-» o « a „ o „•»o o u =. a « = « 3 a -, = =,, do =. c <•. E x c l u d i n g o v e r t i.mc««•»o „,a =, „u , u t. o o <, u o«,., B » o u = t,... o o c...., o = d o o a o N o n d u r a b l e g o o d s o»««., o =«•> u = « « o , . . - , , B,.,.- = c =«.. c o,,...»., B «.».. <- u » d o a B a Excl u d i n g overtime., „«.-»o <, n <.- e <. = = „ =.-,., c „• .•=.. o u c«-, <>, „.. o«o«do.,.., STRIKES AND LOCKOUTS: Beginning in period: 600 Work stoppages a <= o = B «<» o o .>.,., ^ 3 o o r.- c n « . . u .,=.,. o.,» c = number., W o r k e r s i.nvolvod., t, „ o c.-, u u = o .-. = „«, 0 •-•n ., = o P o o n o e. B 212 0oothouso In effect during month: 840 Work s t o p p a g e s < , * u „ „ a « o a « <> c •= o „ « „ « . . , n n „ u a .=,«»., r 0nnumberu 428 W o r k e r s i n v o l v e d o »,>,..,, D -, n«r..-, u«., o o u U , ! J 3 c o « = . , n oothouSo 5,040 M a n - d a y s i dl e d ur ing p er iod 0, a a o a * a ,..,., „a =,»c,» 40, 3« 40. 3. 39« 2. 39r,8 2.9 40,2 2.8 39., 2 2,9 i , s ; j | r40„0 2,8 40o5 2,9 39,3 3.0 40.0 3c, 0 40.6 3.0 39.2 r3.0 39.9 2.9 40 o 4 2,8 39.3 2c 9 97.2 95c5 99 „8 92,7 89c0 98.1 ; r93.5 90.1 r98„5 r93.3 r90.1 r98..,0 92,. 2 88,8 97,2 3.37 3.25 3o57 3,45 3o09 2.98 3,, 54 3 .,42 3.76 3„64 3=,23 3.12 r3.56 3»43 3«79 3,66 3.24 r3,13 3.,57 3., 44 3.80 r3.67 r3.26 3.14 3,16 490 192 540 174 580 702 610 272 750 354 4,378 750 254 ,184 790 774 3,437 850 384 3,923 FINANCE CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM): Total outstanding, end of month,, Installment credit, totaL.........»o...... Installment credit, extended and repaid: Unadjusted: Extended , to tal oa ao « «,»r,., „ Repaid, total Seasonally adjusted: Ext ended, total o =, « n u <. .. =«,. = a n o o .=..»r>, „ 0 «,., •. <> c , Repaid, to tal B o r. B., 0 .,«., <, .=., . „ 0 o o « « . , =- c „ =, o =.-. o u., r/ Revised. %J USCOMM—DC—-7851 m i l . $.-» ..do... 122,542 98,699 123,092 99,302 125,047 100,028 126,025 100,692 127,388 101,862 0do 0 cdo==3 „0 9,534 8,541 9,497 8,894 10,079 9,219 r9,562 r8,898 10,667 9,497 ... doc .do. 3,242 9,065 3,622 9,751 9,088 r9,690 r9,197 9,715 9,190 Preliminary. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON, D.C. 20402 OFFICIAL BUSINESS first-Class Mali WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS POSTAGE A N D FEES PAID U.S. GOVERNMENT PRINTING OFFICE