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August 16, 1968
BUSINESS
STATISTICS
A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*
U. S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
BUSINESS
INDICATORS
Index, 1941-43 =
Index, 1941-43 = 10
120
PRICES OF 425 INDUSTRIAL STOCKS
110 ~
100
-
90
-
y*-.
\
—
/
V/
-
80
Monthy
(avg. of daily close)
70
1
1
1
1
1, 1 , »
J — 1 — L — L —
1
l
1
»
1965
'
1
I
•
•
I
i
1 1 1 L_J
1966
i
1 i 1 ,-i
1 1 _J-J
1 1™J
1967
1 L_l—1
1 1
J F M A M J J A S O N D
1968
Data: Stand. & Poor's Corp.
Thousands
350
Thousands
1,400
MOTOR VEHICLE PRODUCTION
1,200 _ (cars, trucks coaches; U.S. plants)
- / \
1,000
\
800
600
~
400
~
200
0
Monthly
1 1 1 1 L...L 1 t , ,1 1 1 1 —J—1—L—1
i
1965
1 J
L-J—l
J J i_ L - j _ j _ 1 J - J - J _ L _ | _ J _ L _ J
___L_J
LJ
1967
1966
1 1 L_J
1 1 1
J FMAMJ
1968
J A S O N D
Data: Automobile Mfrs. Assn.
Dollars
3.20 [
Billion Dollars
35
SALES OF RETAIL STORES
30 |_ (Seasonally adjusted)
3.00
Total
Hours
48
MANUFACTURING HOURS &
EARNINGS
(Hours seasonally adjusted)
46
25
44
Nondurable Goods
20
Average Hourly
Gross Earnings
(left scale)
15
Durable Goods
10
5
42
I i 1 I M I i I i i I l i I i I i i
1965
1966
40
Average Hours Per Week
(right scale)
J,
• ' ' M ' I ' ' i ' 1 • ' ' ' ' I
1967
1968
Data: U.S. Dept. of Commerce
* Available only with subscription to the SURVEY OF CURRENT BUSINESS,
provides selected weekly and monthly data subsequent to those published
2.20
I II I I II I II I II I M I I II
1965
Data: U.S. Dept. of Labor
at $6.00 annually, this Supplement
in the latest monthly SURVEY
1966
• • I
1967
1 i i i | i I i i i i i
1968
38
2
WEEKLY
BUSINESS STATISTICS1
1968
1967
ITEM
Aug. 12
Aug. 5
WHOLESALE PRICES, 22 COMMODITIES 2/ .....
n 0 .... 0 1957-59=100».
July 20
93.5
96.9
July 27
93 = 2
ALL RETAIL STORES, SALES ...
„ „..„.„....... .„. „ .mil. $„ „
Nondurable goods stores ...a........................ .do....
5,895
3,996
5,808
3,994
6,542
4,304
6,421
4,206
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..
250
1,240
1,174
186
193
1,197
1,132
217
1,042
974
147
238
1,044975
201
44,849
48,470
23,974
295
44,985
48,536
23,960
371
48,104
54,467
26,004
276
74,477
47,970
195,851
26,075
63,470
27,866
72,598
47,899
194,057
25,458
62,894
27,855
5o88
95,78
103.56
FINANCE:
Currency in circulation 3 / ...................... o. .mil. $..
Federal Reserve bank credit outstanding, total 2 / ...do..,.
Member bank reserve balances %J ......................do....
Excess reserves, estimated %J o...o....u...........do....
Assets and liabilities of large commercial banks: J±/
Demand deposits, adjusted .......................mil. $..
Savings deposits ..................................do....
Loans and investments (adjusted), total ............do....
U.S. Government obligations .................a...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/, ,1941-43^10,4
Industrials, 425 stocks .....o.
do....
PRODUCTION:
Bituminous coal 2/««<>.....................thous. sh. tons..
Electric power by utilities ..................mil. kw.-hr..
Motor vehicles (cars, trucks, buses) ..............number..
Petroleum (crude) and condensate jj00 ..........thous. bbl..
Steel, raw ...................
Index of production ........
....thous. sh. tons.
........1957-59=100.
RAIL FREIGHT, REVENUE TON MILES
1/
bil.
239
93.3
Aug.. 10
93 c3
6,604
4,357
236
190
154
47,849
54,629
26,255
394
47,697
54,466
26,185
340
47,823
54,957
26,231
356
76,812
48,382
210,855
27,299
69,354
30,388
77,042
48,315
210,695
26,929
69,098
30,436
78,829
48,279
211,865
27,070
69,138
30,433
5.89
95,-78
103.52
6.58
*101.70
-*110.76
6.59
---99-21
-"-107.98
6.46
*97.74
-"-106.31
1,832
25,343
33,578
9,416
1,826
24,556
44,701
9,392
1,904
28,055
184,638
9,231
1,829
26,897
58,781
9,270
2,237
120.1
2,338
125.5
2,621
140.7
1,909
27,761
126,977
9,224
2,561
137.5
13.8
14ol
14.7
14o7
14.4
Data do not always cover calendar weeks. 2/ Tuesday price. 2/ Daily average, jj
MONTHLY
Aug. 3
2,235
120.5
6.40
*97.25
---105.79
43,865
2,068
111.0
Wednesday data. * Tuesday averages.
BUSINESS STATISTICS
1968
1967
ITEM
June
July
Apr.
May
June
July
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL l/............ mil.
Durable goods stores ..............................do„
Automotive group e ...............................do.
Furniture and appliance group ...................do.
Lumber, building, hardware group
.do.
27,616
9,398
5,644
1,313
1,167
26,005
8,547
5,014
1,239
1,143
27,533
9,079
5,505
1,270
1,169
r 29,132
r9,845
r6,044
rl,358
rl,222
r28,640
r9,650
r5,838
rl,386
1,215
28,845
9,865
5,964
1,436
Nondurable goods stores ...........................do.
Apparel group
do,
Drug and proprietary stores .....................do.
Eating and drinking places ......................do.
Food group
.do.
Gasoline service stations .......................do.
General merchandise group .......................do.
18,218
1,473
910
2,197
6,259
2,136
3,483
17,458
1,301
879.
2,293
6,145
2,159
3,085
18,454
1,630
916
2,145
6,084
2,122
3,615
rl9,287
rl,541
977
r2,300
r6,6l2
r2,203
r3,658
rl8,990
rl,495
r956
r2,342
r6,486
r2,252
r3,719
18,980
1,375
986
2,445
6,534
2,310
3,614
26,544
8,546
5,069
1,295
1,014
26,444
8,592
5,130
1,267
1,031
27,620
8,832
5,075
1,408
1,169
r27,993
r9,031
r-5,338
rl,413
rl,091
r28,218
r9,143
5,479
1,414
1,103
29,055
9,580
17,998
1,524
17,852
1,538
rl8,962
rl,566
983
2,227
r6,425
r2,145
r3,778
rl9,075
1,572
975
2,205
6,426
2,153
3,902
19,475
ESTIMATED SALES (SEAS. ADJ.), TOTAL l/....
Durable goods stores
Automotive group
Furniture and appliance group
Lumber, building, hardware group
.do.
do.
do.
do.
.do.
Nondurable goods stores
do.
Apparel group ..................c................do.
Drug and proprietary stores .....................do.
Eating and drinking places
.do.
Food group ......................................do.
Gasoline service stations .......................do.
General merchandise group .....o.................do.
ESTIMATED INVENTORIES:
Unadjusted, total
............
.do.
Adjusted, total ...................u ...............do.
RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated sales (unadjusted), total ........... -.....do.
Estijnated sales (seasonally adjusted), total .........do..
r/ Revised. 1/ Data for July 1968 are advance estimates.
http://fraser.stlouisfed.org/
6059
Federal Reserve Bank of St. Louis
923
903
2,059
6,050
2,040
3,604
2,071
6,002
2,020
3,529
18,788
1,546
944
2,214
338
152
777
36,087
35,894
35,997
38,510
37,512
38,748
37^921
38,433
38A62
7,252
7,171
6,683
. 7,162
7,479
7,699
7,828
7,746
7,689
7,802
MONTHLY BUSINESS STATISTICS —Continued
3
1968
1967
ITEM
May
June
July
Apr.
82,464
79,020
75,391
70,996
4,395
3,628
82,920
79,471
76,221
71,705
4,516
3,250
81,141
77,634
75,143
71,292
3,851
2,491
81,770
78,234
75,931
71,935
3,996
2,303
84,454
80,887
77,273
72,757
4,516
3,614
77,214
74,169
70,430
3,739
3,045
77,495
74,478
70,631
3,847
3,017
436
78,343
75,636
71,656
3,980
2,707
398
78,613
75,829
71,936
3,893
2,784
410
79,018
76,048
72,197
3,851
2,970
423
3.9
2.5
4.2
12.7
3.9
2.4
4.3
12.9
3.5
2.1
3.7
11.9
3.5
2.1
3.7
12.6
3o8
2.3
3.7
13.6
1.9
7.7
3.5
2.2
4.6
1.8
7.3
3.5
2.2
4.6
1.5
6.7
3.1
1.8
3.9
1.6
6.4
3o2
1.9
3.7
1.7
7.2
4.0
8.4
3.9
3.6
4.0
7.4
4.0
4.0
3.4
5.7
3.3
2.7
3.4
6.5
3.2
2.9
3.8
8.1
3.2
2.8
65,821
621
3,131
65,920
626
3,168
67,755
632
3,313
r67,792
631
r3,245
r67,997
r631
r3,171
Manufacturing
do.
Durable goods industries
do.
Nondurable goods industries
do.
Transportation, communication, electric, gas, etc...do.
19,356
11,369
7,987
4,276
19,288
11,335
7,953
4,296
19,657
11,533
8,124
4,331
r19,693
rll,545
r8,148
r4,281
rl9,759
rll,562
r8,197
r4,327
Wholesale and retail trade
"Wholesale trade
Retail trade
do.
do.
.do.
13,573
3,535
10,038
13,610
3,536
10,074
14,009
3,641
10,368
r!4,049
r3,655
rlO,394
r!4,068
r3,675
rlO,393
Finance, insurance, and real estate
Services.
Government .
Federal
State and local
do...
.do...
do...
do...
do...
3,214
10,032
11,618
2,747
8,871
3,223
10,056
11,653
2,743
8,910
3,323
10,402
12,088
2,717
9,371
r3,334
r10,425
rl2,134
2,721
r9,413
3,337
n o , 479
rl2,225
r2,795
r9,430
do...
do...
do...
14,222
8,307
5,915
14,158
8,267
5,891
14,439
8,406
6,033
r!4,449
r8,401
r6,048
rl4,512
r8,419
r6,093
HOURS (GROSS), AVG. WEEKLY PER PROD. WORKER (MFG. PAYROLLS):
Manufacturing, seasonally adjusted
.hours.
Overtime hours
.do...
Durable goods industries
do...
Overtime hours
do...
Nondurable goods industries
do...
Overtime hours
do...
40.4
3.2
41.0
3.3
39.6
3.1
40.5
3.3
41.1
3.4
39.6
3.1
MAN-HOUR INDEXES, AGGREGATE WEEKLY, seas, adjusted:
Manufacturing
1957-59=100.
Durable goods industries
.do...
Nondurable goods industries
do...
134.7
120.2
107.7
114.5
120.0
107.2
115.4
120.7
108.5
117.7
123.1
rll0.8
rll8.6
rl23.7
r112.0
HOURLY EARNINGS, AVERAGE PER PROD. WORKER (MFG.PAYROLLS) :
Manufacturing, not seasonally adjusted ..........dollarso..
Excluding overtime
.do...
Durable goods industries
do...
Excluding overtime
do...
Nondurable goods industries
do...
Excluding overtime
do...
2.82
2.71
2.99
2.88
2.56
2.46
.82
.71
.00
.57
.47
2.97
2.86
3.15
3.03
2.70
2.61
99
87
18
04
72
62
3.00
2.87
r3.l8
3.04
2.73
2.62
4.40
4.65
4.40
5.50
4.58
4.92
4.70
5.50
5.75
5.81
5.60
6.18
6.04
6.18
5.99
6.50
5.96
6.25
c/6.04
6.50
3.480
4»96
4.308
5.17
5.365
5.69
5.621
6.95
5.544
5.71
June
LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, 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 that group):
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes, 16-19 years
Married men ....:
Nonwhite workers
White workers
Occupation: White-collar workers
Blue-collar workers .
Industry: Private wage and salary workers
Construction
Manufacturing
Durable goods
EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
Total, seasonally adjusted
thous.
Mining
do...
Contract construction
do...
PRODUCTION WORKERS (MFG. PAYROLLS), TOTAL, seas, adj
Durable goods industries
Nondurable goods industries
40.
3.
40.
3.
39.
2.
40.9
3.7
41.5
3.8
39.8
3^3
40.
3.
41.
3.
40.
r3.
FINANCE
MONEY AND INTEREST RATES:
Open market rates, New York City:
Bankers' acceptances (prime, 90 days) .......... percent.
Commercial paper (prime, 4-6 months)
.do...
Finance Co. paper placed directly, 3-6 mo...
do...
Stock Exchange call loans, going rate
.do...
Yield on U.S. Govt, securities (taxable):
3-month bills (rate on new issue)
.do...
3-5 year issues
.do...
vj Revised. JD/ Preliminary, c/ Corrected.
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6059
Federal Reserve
Bank of St. Louis
MONTHLY BUSINESS STATISTICS—Continued
1968
1967
ITEM
June
July
Apr.
May-
June
July
FINANCE—C ontinued
MONEY SUPPLY AND RELATED DATA (avg< of daily figures)1
Unadjusted for seas, variation:
Total money supplyc
...bil. $.
Currency outside banks
,„..do„.
Demand deposits
do,..
Time deposits adjusted ........
do.,.
U.S. Government deposits ............................ .do...
Adjusted for seas, variation:
Total money supply ................. 0.................do...
Currency outside banks .............................do...
Demand deposits •...............••..........•.•••••.do...
Time deposits adjusted ...............................do...
SECURITY MARKETS:
BONDS:
Prices (Stand.& Poor's Corporation):
Industrial^ utility, and railroad (AAA issues):
Composite ........................dol. per $100 bond.
Domestic municipal (15 bonds) ......................do...
Yields:
Domestic municipal. Standard & Poor's Corporation
(15 bonds) ......................dol. per $100 bond..
STOCKS:
Dividend y i e l d s , preferred s t o c k s , 10 high-grade
(Standard & Poor's C o r p o r a t i o n ) . . . . . . . . . . . . . . . percent.
Prices:
Standard & Poor's Corporation:
Industrial, public utility, and railroad:
Combined index (500 stocks) ..............1941-43=10.
Industrial, total (425 stocks) ...............do...
Capital goods (130 stocks) .............
do...
Consumers' goods (181 stocks) ..............do...
Public utility {^5 stocks) ...................do...
Railroad (20 stocks) .........................do...
Banks:
New York City (9 s t o c k s ) . . . . . . . . . . . . . . . . . . . . . . . . d o . . .
Outside New York City (16 s t o c k s ) . . . . . . . . . . . . . . . d o . . .
Fire and casualty insurance (16 stocks) . . . . . . . . . . d o . . •
174*2
39.2
135.0
173.0
4.0
175.7
39.6
136.2
175.2
5.7
185.6
41.1
144.5
187.9
4.2
182.5
r41*3
141.1
188.4
6.4
185.
41.
143.
188.
5.
187.1
42.2
144.9
190.8
5.7
176.0
39.3
136.7
172.6
177.8
39.4
138.4
174.8
184.3
41.4
143.0
187.1
186.1
41.6
144.5
187.6
rl87.3
42.0
145.3
188.1
189.3
42.1
147.2
190.5
81.7
100.2
81.1
99.3
76.2
94.7
75.3
92.7
75.6
92.8
76.1
95.2
3.99
4.05
4.41
4.56
4.56
4.36
5.30
5.34
5.86
5.92
5.90
5.74
91.43
98.61
96.34
78.94
67.39
48.19
93.01
IOO.38
98.35
81.27
67.77
49.91
95.67
104.42
104.08
84.79
63.66
44.79
97.87
107.02
106.86
87.75
62.92
48.00
100.53
109.73
110.65
89.04
65.21
51.72
100.30
109.16
108.12
88.38
67.55
51.01
35.35
63.97
61.34
36.76
65.95
62.56
40.35
73.18
53.61
42.19
76.43
59.23
43.72
79.66
72.52
48.58
85.91
78.11
vj R e v i s e d .
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