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DECEMBER 14, 1973
A WEEKLY
BUSINESS
STATISTICS
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*
U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
Billion $
350
Billion $
350
TOTAL LOANS AND INVESTMENTS
( W e e k l y Reporting M e m b e r Banks of Federal Reserve System)
^ y ^
325
-
300
-
275
-
250
I
Monthly
{average of Wednesday data)
225
Vr<7Vl i i i i i
I
I
I , I
I
1970
I
I
I
i
I I—1__
i
I
l
l
I
I
i
l
i
1972
1971
i
i
I
i
i
.
i . i
1973
J
F M A M J
J A S O N D
1
Data: Federal Reserve Board
1967 = 100
200
WHOLESALE PRICES
Billi<
50
SALES OF RETAIL STORES
k
180
160
N
Farm Products and
Processed Foods and Feeds
140
\
All
120
-.Y***^****9**^**
- — ^ TnrVit
100
M 1 1 1 1 1 1 I 1 1
1970
/
\
/
mam
Commodities
f
."**•
/
(seasonally adjusted)
40
~~
-
Total
_
_
\
^*^~^~
As^*"
. /
20
'
\
Nondurable Goods
imodffies
Con
10
1 i i i i i 1 i i i i i
1972
1971
^
30
\
Industrial
1 1,1 1 1 1 1 I I 1 11
-\
/*-/
1 I 1 1 1 1 1 -LJ - 1-J- L..!.. 1 1 1 1 J 1 1 1 1 _i i i i i 1 i i i i i
1970
1973
1971
1,1 1 I I 1 I Il_i_
I
1972
1973
Data: U.S. Dept. of Commerce
U.S. Dept. of Labor
4 = 100
Billion$
—
14.0 ~~ CONSUMER INSTALLMENT
CREDIT EXTENDED AND
13.0 — REPAID (seasonally adjusted)
12.0
Extended
\y\|
11.0
Ks
y-.
f
f^''"
10.0
-
550
-
500
8.0
111111 M l . l 1
1970
1971
I 1 I 1 1 I.I I 1 1
M 1I,I 11111._
1972
_
Prices Paid U
(left scale)
350
1973
1 1 1 1 1 1 1 ! ' i ' i'
i i i 1 i i i i i 1 i i i i • 1 i i i i i 1
Data: U.S. Dept. of Agriculture
a n d monthly d a t a subsequent to those published in the latest monthly SURVEY
350
300
J/(incl. interest, taxes, and w a g e rates)
1970
* Available only with subscription to the SURVEY O F CURRENT BUSINESS, this Supplement
Y
<-v^
/
Data: Federal Reserve Board
provides selected weekly
Prices Received
(right scale)
,
\
^ - ^ V
\
400
-
^
400
__
s
11111111111
-
/
450
Repaid
9.0
PRICES RECEIVED AND
600 _PAID BY FARMERS
^
M
1910-14 = 100
550
i
/ \ _, 500
I \
I
\
1
- J 450
650
1971
1972
1 i i i I.I
1973
?50
WEEKLY BUSINESS STATISTICS1
2
1973
1972
Dec.
2
Dec.
Nov. 17
9
Nov. 24
Dec. 8
198.1
127.9
129.4
190.8
193.4
192.1
mil.- $.
do...
10,222
6,759
10,511
7,282
10,499
7,070
9,962
6,942
10,955
7,473
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.
269
1,794
1,609
198
318
1,866
1,679
204
261
1,576
1,423
189
238
1,794
1,623
180
304
180
203
FINANCE:
Currency in c irculation 3J
mil. $.
Federal Reserve bank credit outstanding, total 3/...do...
Member bank reserve balances _3_/
do...
Excess reserves, estimated^/
do...
65,142
75,241
30,745
340
65,175
75,582
31,009
336
69,835
82,533
34,728
21
70,181
84,990
35,054
336
70,502
84,370
34,366
17
70, 493
84, 448
37, 784
309
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...
97,245
58,194
300,431
27,930
88,550
45,603
98,261
58,259
303,359
28,357
88,796
45,560
98,279
56,262
342,461
24,129
107,089
54,208
97,967
56,315
342,713
24,872
107,381
54,416
100,027
56,276
343,042
24,338
107,425
54,502
Bond yields, domestic corporate (Moody's) 3_/
percent.
Stock prices, 500 stocks (Stand. & Poor's) A-/. 1941-43=10.
Industrial, 425 stocks
do...
7.47
116.52
129.78
7.46
118.01
131.58
8.02
102.45
115.16
8.02
99.76
112.14
8.01
97.65
109.72
11,325
34,618
215,444
9,538
10,950
35,692
215,368
9,544
11,700
34,712
208,673
9,053
10,575
32,884
162,187
9,092
11,730
33,968
213,127
9,045
2,698
110.6
16.1
2,730
111.9
15.7
2,907
119.2
17.1
2,959
121.3
15.0
2,961
121.4
16.9
WHOLESALE PRICES, 22 COMMODITIES^/
1967=100.
ALL RETAIL STORES, SALES
Nondurable goods stores
PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate^/
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 calendar weeks.
2/ Tuesday price.
MONTHLY
3_/ Daily average,
8.02
92.16
103.37
202,156
2,907
119.2
kj Wednesday data
BUSINESS STATISTICS
1972
1973
ITEM
Oct.
Nov.
Aug.
Sept.
Oct.
COMMODITY PRICES
PRICES RECEIVED BY FARMERS, ALL FARM PRODUCTS..1910-14=100.
Crops
do. . .
Commercial vegetables
do...
Cotton
do...
Feed grains and hay
do...
Food grains
do...
Fruit
do...
Tobacco
do...
329
264
300
216
188
228
325
702
332
272
354
229
192
239
277
704
52 7
440
360
310
363
506
322
709
486
414
325
377
325
528
325
729
468
411
318
370
331
501
351
724
459
408
337
350
330
518
314
735
Livestock and products
do...
Dairy products
do...
Meat animals
do...
Poultry and eggs
do...
PRICES PAID BY FARMERS:
All commodities and services
do...
Family living items
...do...
Production items
do...
All commod., services, int., taxes, and wage rates..do...
PARITY RATIO
do. . .
SPOT MARKET PRICES, BASIC COMMODITIES:
22 Commodities
1967=100.
9 Foodstuffs
do...
13 Raw industrials..,
do...
WHOLESALE PRICE INDEXES:
ALL COMMODITIES
do...
Farm products
do...
Food and feeds, processed
do...
Industrial commodities
do...
Chemicals and allied products
do...
Fuels and related products, and power....
.do...
Furniture and household durables
do...
Hides, skins, and leather products
do...
Lumber and wood products
do...
Machinery and equipment
do...
Metals and metal products
do...
385
383
513
136
383
391
497
151
602
411
849
310
548
456
731
282
518
482
670
254
503
505
635
240
377
404
358
440
75
381
408
361
443
75
451
453
451
516
102
447
456
441
512
95
447
458
r439
514
91
452
470
439
518
89
124.5
119.4
128.1
126.2
118.7
131.6
207.8
236.6
189.8
194.9
208.0
186.3
rl92.0
197.7
rl88.1
192.1
191.5
192.4
120.0
125.5
121.8
118.8
104.4
120.6
112.0
139.8
149.2
118.4
124.1
120.7
128.8
123.1
119.1
104.7
121.3
112.3
144.0
149.4
118.5
124.1
142.7
213.3
166.2
127.4
111.0
142.9
115.9
143.0
178.8
122.3
133.7
140.2
200.4
156.3
128.1
111.5
144.8
116.0
143.8
181.9
122.6
134.4
139
188
153
129
112
150
116
143.8
180.3
123.1
135.9
141.8
184.0
151.9
133.5
113.5
179.2
117.2
143.0
184.7
123.8
138.5
r/
Revised.
11,539
MONTHLY BUSINESS STATISTICS — Continued
3
1973
Oct.
Nov.
Aug.
Sept.
COMMODITY PRICES—Con.
WHOLESALE PRICE INDEXES—Con.
Industrial commodities - Con.
Nonmetallic mineral products
1967=100.
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.
127.3
114.7
109.5
114.8
112.9
115.0
127.3
115.0
109.8
115.1
113.0
115.0
130.0
123.3
113.1
125.2
115.1
121.0
129.9
124.4
112.8
126.8
114.5
121.1
130.9
125.8
114.0
128.5
115.9
121.0
$0,833
$0,829
$0,701
$0,713
$0,717
mil. $.
do...
...do...
do...
do...
do...
do...
.....do...
do...
do...
do...
do...
39,014
13,569
8,043
1,863
1,924
25,445
1,923
1,189
2,902
7,862
2,686
6,540
39,790
13,229
7,775
1,959
1,759
26,561
2,055
1,201
2,782
7,991
2,668
7,487
43,143
14,654
8,519
2,047
2,180
28,489
1,939
1,303
3,556
9,344
3,023
6,915
r40,906
rl3,7l8
r7,843
rl,972
rl,937
r27,188
rl,974
rl,226
r3,339
r8,859
r2,827
r6,594
r43,709
rl5,190
r8,998
r2,057
2,066
r28,519
r2,024
rl,304
r3,343
r8,945
r2,948
r7,159
do...
do...
do...
do...
do...
do. ..
do...
...do...
do...
do...
....do...
do...
39,106
13,168
7,853
1,846
1,780
25,938
1,947
1,226
2,873
8,209
2,686
6,548
38,713
13,173
7,825
1,846
1,747
25,540
1,891
1,250
2,913
8,134
2,681
6,354
42,363
14,481
8,645
2,025
1,894
27,882
1,975
1,298
3,158
8,964
2,836
6,923
r42,525
rl4,267
r8,457
r2,063
rl,836
r28,258
r2,042
rl,278
r3,261
r8,992
r2,876
r6,989
r43,081
rl4,346
8,497
2,013
1,864
r28,735
2,041
1,336
3,310
9,210
3,017
6,982
do...
do. . .
55,075
53,934
56,816
54,658
57,152
58,797
58,530
58,811
60,873
59,785
do...
do...
11,826
12,202
12,814
11,944
13,016
12,820
rl2,437
rl3,013
13,131
13,277
thous.
do...
do...
do...
do...
do...
89 ,591
87 ,176
82 ,707
3 ,721
78 ,986
4 ,470
89 ,400
86 ,969
82 ,703
3 ,363
79 ,340
4 ,266
92,436
90,129
85,921
3,826
82,095
4,208
91,298
89,006
84,841
3,436
81,406
4,165
92,046
89,757
85,994
3,525
82,469
3,763
Civilian labor force, seasonally adjusted
do...
Employed, total
do...
Agriculture
.
do...
Nonagricultural industries
do...
Unemployed.
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
White
Negro and other races
Married men
Occupation: White-collar workers
Blue-collar workers
Industry: Private nonfarm wage and salary workers..
Construction
Manufacturing
Durable goods
87 ,236
82 ,397
3 ,658
78 ,739
4 ,839
1,117
87 ,023
82 ,525
3 ,556
78 ,969
4 ,498
1,068
88,651
84,434
3,443
80,991
4,217
796
89,403
85,127
3,370
81,757
4,276
778
89,764
85,695
3,471
82,224
4,069
776
5.5
3.9
5.5
L5.4
5.0
]LO.O
2.8
3.5
6.0
5.6
]L0.3
5.1
4.5
5.2
3.5
5.0
L5.6
4.6
L0.1
2.5
3.1
5.8
5.3
L0.5
4.6
4.2
4.8
3.1
4.9
14.3
4.2
8.7
2.
3.
5.
4.
4.8
3.1
4.8
14.4
4.2
9.4
2.1
2.9
5.1
4.8
9.9
4.2
4.1
4.5
2.9
4.4
13.9
4.1
8.3
,1
,7
,1
,5
,1
J
,6
835
382
070
444
608
524
312
194
118
75,747
62,110
42,249
24,171
634
3,676
19,861
11,692
8,169
r75,961
r62,305
r42,423
r24,215
633
r3,700
rl9,882
rll,708
r8,174
r76,275
r62,601
r42,594
r24,335
r639
3,689
r20,007
rll,800
r8,207
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED) , TOTAL 1_/
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
ESTIMATED SALES (SEAS. A D J . ) , TOTAL 1_/
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
ESTIMATED RETAIL INVENTORIES, END OF MONTH:
Unadjusted, total
Adjusted, total
RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated sales (unadjusted), total
Estimated sales (seasonally adjusted), total
LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, persons 16 years of age and over,
not seasonally adjusted
Civilian labor force
Employed, total
Agriculture
*
Nonagricultural industries
Unemployed.
SEASONALLY ADJUSTED
EMPLOYEES ON PAYROLLS of nonagric. estab., total
Private sector
Nonmanufacturing industries
Goods-producing
Contract construction.
Manufacturing
Durable goods
Nondurable goods
xj R e v i s e d .
11,539
£/ Preliminary.
thous
do..
do..
do..
73
60
40
23
do..
do..
do..
do..
3
19
11
8
584
178
968
379
608
561
210
112
098
1_/ Data f o r Nov. 1973 a r e advance e s t i m a t e s .
73
60
41
23
3
19
11
8
MONTHLY BUSINESS STATISTICS—Continued
1973
1972
Oct.
Sept.
Aug.
Oct.
Nov. 2/
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Con.
EMPLOYEES ON PAYROLLS (NONAG. ESTAB.), Seas. adj.—Con.
Service-producing....•....•.•........•.,....•...•..•.••thous
Transportation, communication, elec, gas, etc.......do..
Wholesale and retail trade..................
do..
Wholesale trade....................................do..
Retail trade.......................................do..
Finance, insurance, and real estate..................do..
Services. •
do..
Government........................«,......»............do..
Federal............................................ do..
State and local............................ ........do..
Indexes of aggregate weekly man-hours, production or noasuper
visory workers, seasonally adjusted:
Private sector payrolls..••.....•.•......•.....••..1967=100
Mining.................. ...................0......... do..
Contract construction................................ do..
Manutactur mg.........................................do..
Durable goods......................................do..
Nondurable goods...................................do..
Transportation, communication, elec, gas, etc.. « . * ..do..
Wholesale and retail trade...........................do..
Finance, insurance, and real estate..................do..
Services.
.do..
50,205
4,540
15,839
3,958
11,881
3,969
12,451
13,406
2,639
10,767
50,391
4,549
15,911
3,963
11,948
3,981
12,497
13,453
2,644
10,809
51,576
4,617
16,352
4,099
12,253
4,064
12,906
13,637
2,599
11,038
r51,746
r4,629
rl6,388
r4,lll
rl2,277
r4,078
rl2,995
rl3,656
r2,613
rll,043
r51,940
r4,670
rl6,472
r4,137
rl2,335
r4,089
rl3,035
rl3,674
r2,626
rll,048
52,075
4,647
16,540
4,162
12,378
4,090
13,087
13,711
2,629
11,082
108.1
97.8
107.9
98.8
97.8
100.4
105.6
111.2
121.2
118.3
108.4
97.4
105.0
90.8
99.2
100.7
105.6
111.7
120.9
118.4
110.9
102.9
110.6
101.8
102.6
100.7
107.9
113.0
122.7
122.8
rill.4
rl03.7
rll0.2
102.6
rl03.5
rl01.2
rl07.2
rll3.8
123.7
123.3
rill.6
rl03.5
rll0.2
103.0
rl04.2
rl01.3
rl08.2
rll3.8
rl22.4
rl23.3
112.2
104.2
115.9
103.1
104.0
101.9
107.7
114.6
122.8
123.7
150,576
122,505
152,968
124,325
171,978
140,810
173,035
142,093
174,840
143,610
12,337
11,025
12,806
10,986
15,099
12,501
12,624
11,341
14,454
12,937
12,404
10,908
12,846
11,128
14,294
12,399
13,691
12,332
14,149
12,449
FINANCE
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM):
Total outstanding, end of month......................mil. $
Installment credit, total
do..
Installment credit, extended and repaid:
Unadjusted:
Extended, total.
.....do..
Repaid, total.
.do..
Seasonally adjusted:
Extended, total......................................do..
Repaid, total........................................ do..
r_/ Revised. p_/ Preliminary.
USCOMM—DC—11,539
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 20402
POSTAGE AND FEES PAID
U.S. GOVERNMENT PRINTING OFFICE
375
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