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December 22, 1967

BUSINESS
STATISTICS

A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U. S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
B U S I N E S S IN DI G A T O R S

Index, 1941-43 = 10
120

Index, 1941-43=10
120
PRICES OF 425 INDUSTRIAL STOCKS
110

—

-

100

-

90

-

80
Monthly
(avg.

70

_JLJL~J—1—1

!—1 1—I—1—L_ ^ J L J ^ J — 1 — 1

1964

LJ—L_l

1—1!—1—L™J—1—

1—1—L-JI—LJ—1— — l — i

1966

1965

o f daily

close)

i—i—i—1—i—i—i—L__L

,

J F M A M J J A S O N D

1967

Data: Stand. & Poor's Corp.

Index, 1957-59=100
250

Index, 1957-59=100
250
RAW STEEL PRODUCTION (ingots and all other forms)
200

150

-

-

100
Monthly

50

•

'

'

i

'

i

l

i

i

i

1964

i

i

i

i

i

i

i

i

i

i

1965

i

i

I

i

i

i

i

i

. 1 1 1 1 1

1966

.1 L 1 L.J—1

J F M A M J J A S O N D

1967

Data: Amer. Iron & Steel Inst.

Index, 1957-59=100
200
TOTAL INDUSTRIAL PRODUCTION

Billion Dollars
700
PERSONAL INCOME

(F.R.B. seas. a d j . i n d e x )

600

(seas, adj., at annual rates)

180

Total

500

160

^ ~ — x__^^/~

140

-

Wage and Salary
Disbursements

\^-T—

400

300

i i i i I i i i i i I i i i i i I i i i I «

' ' ' ' ' ' ' • ' I ' '

1964

1965

Data: U.S. Dept. of Commerce

1966

1967

120

1 1 1 1 1 1 J_t_l A i - t l

Data: Federal Reserve Board

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $6.00 annually, this Supplement
provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY




' 1-i 1 1 L I

1964

1965

1 I

1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1

1966

1967

WEEKLY

2

BUSINESS STATISTICS1
1966

ITEM

Dec. S7

Nov. 25

Dec. 2

Dec. 9

Dec. 16

1957-59=100.

103.0

102.9

95.1

95.5

95.6

96.5

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

6,977
4,956

486
357

6, 171
4,296

6,919
4,720

7,232
5, 116

255
1,263
1,205
256

201
1,135
1,060
182

228
I, 164
1,089
199

258
215

200
46,918
50,753
24,695
308

WHOLESALE PRICES, 22 COMMODITIES 2 /
ALL RETAIL STORES, SALES
Nondurable goods stores

1967

Dec. 10

303
I, 185
I, 129
280

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.
FINANCE;
Currency in circu lation 3_/
mil. $.
Federal Reserve bank credit outstanding, total j5/...do...
Member bank reserve balances 3_/.....„„
...•.do...
Excess reserves, estimated ,3/
do...

44,210
46,399
23,188
181

44,603
46,407
23,518
510

46,089
49,796
24,621
217

46,347
50,I 17
24,647
374

46,480
50,721
24,855
319

Assets and liabilities of large commercial banks; 47
Demand deposits, adjusted
mil. $.
Savings deposits
,
.do...
Loans and investments (adjusted), total...
do...
U.S. Government obligations
..••.....do...
Commercial and industrial loans (gross)
do...
Real estate loans (gross)
do...

71,856
47,048
181,466
23,276
60,053
27,518

74,768
46,872
182,814
24,010
60,243
27,464

74,382
48,527
199,508
28,212
63,885
28,731

76,649
48,533
199.698
28,400
63,733
28,754

75,666
48,505
200,442
26,206
64,145
28,739

5.69
81.72
87.04

5.69
82.64
88.02

6.40
93.65
101.99

6.44
94.47
102.89

6.49
95.64
104.35

1,896
22,906
235,623
8,560

1,898
23,358
233,771
8,559

1,879
22,799
180,614
8,994

1,825
24,397
239,368
9,030

1,830

9,033

2,383
127.9
563
315

2,431
130.5
551
308

2,707
145.3
490
275

2,703
145.1
555
309

2,723
146.2
553
315

Bond yields, domestic corporate (Moody's) 3_/..... per cent..
Stock prices, 500 stocks (Stand. & Poor's) 4/.1941-43=10..
Industrials, 425 stocks
do....
PRODUCTION;
Bituminous coal 3/
.
thous. _sh. ,tons«.
Electric power, by utilities
.....mil. kw.-hr..
Motor vehicles (cars, trucks, buses)
.number..
Petroleum (crude) and condensate^/.
thous. bbl..
Steel, raw
Index of production
FREIGHT CAR LOAD I NGS, TOTAL
M i see I laneous
.

thous. sh. tons..
1957-59=100..
...thous. cars..
do....

J./ Data do not always cover calendar weeks.

2/ Tuesday price.

MONTHLY

3/ Daily average.

6.51
95.34
104.03

237,067
2,747
147.5

47 Wednesday data.

BUSINESS STATISTICS
1966

|

1967

ITEM
1
GENERAL BUSINESS INDICATORS
NATIONAL INCOME;
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES;
NATIONAL INCOME, TOTAL
1

Proprietors

income, total

do....
do....
Corp. profits and inventory valuation adj. ,total.do....
do....
Inventory valuation adjustment

II

600.3
420.8
60.0
19.2
81.1
83.7
34.5
49.2
-2.6
19.3

610.4
430.7
59.3
19.3
81.3
83.6
34.5
49.2
-2.3
19.8 i

III

622. 1
441.2
59.2
19.4
81.9
84.0
34.6
49.4
-2.2
20.4

]

1

II

III

636.4
459.1
57.8
19.8
78.1
79.0
32.5
46.5
-.8
21.6

641.6
463.4
57.8
20.0
78.3
78.9
32.5
46.5
-.7
22.1

r653.4
472.6
58.8
20.2
r79.2
r80.0
r32.9
r47.l
-.8
22.7

1966

PERSONAL INCOME BY SOURCE;
SEASONALLY ADJUSTED, AT ANNUAL RATES;
Total personal income
.„
Wage and salary disbursements, total
Commodity-producing industries, total...
Distributive industries
Service industries

bi 1. $..
do....
do....
do....

Proprietors' income:
Business and professional
Rental income of persons
Dividends
„
Persona 1 interest income

•.....do....

Less personal contributions for soc. insurance...do....
Total nonagr icu Itural income..
......do....
r/Revised.
Digitized for9187
FRASER



|

IS?67

Oct.

Nov.

Aug.

597.5
404.8
163.2
132.1
95.9
64.9
80.8
21.4

602.1
407.6
164.1
132.8
96.5
65.6
81.4
21.7

631.6
426.7
168.0
135.3
101.8
70.1
86.9
23.6

634.4
428.5
168.2
135.4
102.1
70.8
87.4
23.8

r635.9
429.4
M67.9
M34.9
r102.6
r7l.l
r87.8
24.0

641 7
435.0
171.5
138.0
103.6
71.7
88.2
24.3

43.3
15.0
19.5
21.6
43.8
46.6
18.6
577.5

43.5
15.1
19.6
21.6
44.3
47.4
18.7
581.9

43.8
15.0
20.2
23.5
46.9
52.4
20.6
611.4

43.9
15.3
20.3
23.4
47.3
52.5
20.6
614.0

44.0
15=1
20.3
23.2
r47.6
52.8
20.6
r6!5.7

44.1
15.0
20.4
23.1
48.0
52.6
20.8
621.5

,
!
'

Sept.

Oct.

1

Nov.

MONTHLY BUSINESS STATISTICS —Continued

3
1967

1966
ITEM

Aug.

Sept.

Oct.

159.1

r158.1

M56.8

r!56.4

161.8
168.9
145.0
164.2
191.1
172.6
181.8
139.5
112.3
173.2

161.5
167.7
140.5
164.7
189.8
170.6
183.2
139.2
I 11.8
175.6

r159.4
r!63.6
r129.3
r159. I
182.8
171.9
183.2
136.9
109.2
164.8

158.0
rl6l. 1
r129.2
r158.0
r182.2
r159.2
r!83. 1
rl38.4
M13.3
r166.3

rl57.9
r160.2
132.6
M56.3
179.1
159.0
r183.3
r137.3
113.6
166.5

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

152.8
141,
151,
113.9
153.3
144.1
197.1
131.2
199.9
129.5
116.9

153.6
141.8
152.3
110.8
153.7
144.7
200.6
129.1
201.6
129.9
117.2

r154.0
r138.7
r146.4
r106.5
152.8
148.6
200.7
r133.2
r203.I
r131.7
M2I.4

r154.2
N4I.3
147.4
108.4
rl52.9
r145.4
r202.3
r138.6
199.2
M3I.3
120.2

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

121.9
122.7
119.6
129.8
178.9
185.1

121,
117,
119,
133,
178,
184,

r127.8
I 17.2
M3I.2
rl05.7
r184.8
r192. I

125.2
r 1 15.5
128.9
r94.8
r184.8
192.1

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

158.7
149.3
169.4
168.5
177.8
156.2
142.9

159.0
149.2
166.7
162.8
166.7
157.8
143.7

158.2
148.6
r162.5
161. I
163.7
157.8
144.2

r 157.1
r147.1
rl55.0
r142.2
133.4
r153.8
144.6

M57.0
r147.9
r156.0
r145.3
135.3
158.6

179.0
187.2
159.7
159.1
160.3

180.0
187.8
159,0
157.8
160.2

178.9
180.6
rl57.9
r 151.8
r164.2

r178.6
r179.8
157.0
149.0
rl65.3

176.5
177.2
r156.3
r 148.8
r164.0

15,241
16,233

13,982
16,206

17,332
17,388

16,222
18,409

17,233
17,908

79.1
76.6
77.0
74.4

75.1
72.8
73.7
71.4

130.2
127.4
126.5
123.6

r125.8
rl2l.9
r123.4
rl19.5

r136.1
M34.5
r133.8
M32.2

845
824

975
956

1,407
1,381

445
415

r1,486
r1,468

718
433

719
440

1,127
639

1,159
638

rl,2l2
r673

64,694
623
3,239
19,422
11,457
7,965
4, 190

65,014
621
3,241
19,498
11,485
8,013
4,212

66,190
606
3,223
19,318
11,351
7,967
4,283

r66,055
r60l
r3,238
r19,142
r I I,149
r7,993
r4,262

r66,23l
r596
r3,235
rl9,162
rll,137
r8,025
r4,255

13,354
3,469
9,885
3,120
9,675
11,071
2,617
8,454

13,406
3,484
9,922
3, 132
9,744
11,160
2,616
8,544

13,664
3,569
10.095
3,253
10,130
11,713
2,746
8,967

rl3,7l9
r3,565
r10,154
r3^264
rIO,161
r I 1,668
2,715
r8,953

r13,769
r3,573
r!0,196
r3,268
rIO,198
rI 1,748
r2,7l2
r9,036

GENERAL BUSINESS INDICATORS—Con.
INDUSTRIAL PRODUCTION (F. R. INDEX OF QUANTITY OUTPUT):
SEASONALLY ADJ., TOTAL INDEX (INCL. UTIL.).... 1957-59=100
BY INDUSTRY GROUPINGS?
MANUFACTURING, TOTAL
.
do..
Durab le manufactures
do..
Pr imary metaIs
do..
Fabricated metal products
do..,
Mach! nery
do..
Transportation equipment
do..
Instruments and related products
do..
Clay, glass, and stone products.....
do..
Lumber and products
do..
Furniture and fixtures
,
do..
Nondurab Ie manufactures
Textile mill products....
Appare I products
Leather and products
Paper and products*e.
Printing and publishing.....
Chemicals and products
PetroIeum products.......,*.
Rubber and plastics products
Foods and beverages.....
Tobacco products.

.......
.

MINING
Coal
Crude oi I and natural gas
Metal mining
,
UTILITIES.
e
Electric....
«.
BY MARKET GROUPINGS:
Final products, total
Consumer goods.
Automotive and home goods
Automotive products
Autos
Auto parts and allied products
Apparel and staples

Equipment, including defense
do..,
Bus i ness equ i pment
do..,
Mater ials
do..,
Durable goods materials
do..,
Nondur ab I e mater ials...
*.......do.,,
NEW BUSINESS INCORPORATIONS (Dun & Bradstreet, Inc.):
Unadjusted
number,
Seasona11y adjusted
do..,
CONSTRUCTION AND REAL ESTATE
NEW HOUSING UNITS STARTED:
Unadjusted:
Total, incl. farm (public and private)
thous,
Pr i vate I y owned
.
do..,
Total nonfarm (public and private)
do..,
Pr i vate I y owned
do..,
Seasonally adjusted at annual rates:
Total, incl. farm (private only)
do...
Total nonfarm (private only)....
do...
NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING PERMITS
(12,000 permit-issuing places):
Seasonally adjusted at annual rates:
Tota I
thous,
One-fami ly structures
do...

Oct.

Nov.

159.4

1

N55.0
143.8
153.9
r144.6
205.2
136.8
131.9
121.4
rl12.3

1

r 124.3
95.7
r186.0

LABOR FORCE, EMPLOYMENT, AND EARNINGS
EMPLOYEES ON PAYROLLS (N0NAGRICULTURAL ESTABLISHMENTS):
Total, seasonally adjusted
thous.
Mining
do...
Contract construct i on
do...
Manuf actur ing
do...
Durable goods industries
do...
Nondurable goods industries
„
do...
Transportation, communication, electric, gas, etc..do...
Wholesale and retai I trade
Who lesa Ie trade
Retai I trade
Finance, insurance, and real estate
Serv i ces
Government.
Federa I
State and local
#
jr/ Revised.
9187

j>/ Preliminary.




„

9#

do...
do...
...do...
do...
-# <JO.
do...
o e . .do...
do...

4

MONTHLY BUSINESS STATISTICS — Continued
1967

1966
ITEM

Nov.

Oct.

Nov a

Aug.

14,434
8,488
5,946

14,490
8,505
5,985

14,191
8,299
5,892

14,003
r8,09l
5,912

r14,025
r8,077
r5,948

p 14,266
p8,275
p5,99l

119.2
125.9
I 10.4

I 15.2
121.0
107.6

rl14.2
rl18.6
r108.6

r I 13.7
MI7.6
r108.7

p i 16.3
p12 1.2
r I 10.0

5.1
4.8

3.9
4.3

5.4
5.3

r5.3
6.2

p4.6
p4.6

5.1
3.9
4.6.
2.6
I.I

4.8
3.7
4.6
2.6
1.2

4.3
3.1
4.3
2.3
I.I

r4.3
r3.2
4.7
2.3
rl.3

p4„6
P3.3
p4.4
P2.2
pl.3

308.9
207.2
53.4
48.4

309.3
207.5
53.4

r339.5
r220.2
r6le6
r57.7

342.6
221.8
62.3

48.4

r337.3
r2l8.2
r6l.8
r57.3

58.6

344.3
222.3
61.8
60.2

326.89
322.30
270.41
16.06
51.89
4.59

329.41
324.86
272.31
16.29
52.55
4.55

335.85
332.4!
274.10
18.83
58.31
3.44

335.90
332.45
274.7!
18.61
57.74
3.45

340.50
337.04
279.87

345.09
341.57
284.20

18.68
57.17
3.46

**57.37
3.52

.50

.49

.52

.52

.52

165.43
71.69
7.34
64.01
58.78

166.22
71.87
7.36
64.35
59.12

173.84
74.76
8.46
66.51
61.07

4.84
8.87
1.26
7.43

4.84
9.00
1.33
7.47

5.05
9.81
1.34
7.92

174.66
74.96
8„62
66.70
61.24
5.08
9.88
1.34
8.09

175.39
75.37
8.72
66.88
61.40
5.10
9.93
1.43
7.95

993.5
421.1

956.0
407.0
79.2
13.1
98.2
166.9
191.6

I,166.8
509.7
77.5
13.3
102.8
198.0
265.5

I,I 18.8
453.9
78.8
16.6
121.0
180.6
267.9

1,078.1
465.4
87.1
13.0
109.8
184.2
218.6

Sept.

Oct.

LABOR FORCE, EMPLOYMENT, AND EARNINGS
PRODUCTION WORKERS (MFG. PAYROLLS), TOTAL, seas. adj...thous.
Durable goods industries..« .... ... .. ... ........ .......do..,
Nondurable goods industries......•••••••••••••••••••••do..,
NAN-HOUR INDEXES, AGGREGATE WEEKLY?
Manufactur i ng.•••••••.•••••••.•••••••.•••••••••1957-59=100
Durable goods industries....„.....„. ... o e . 9 8 . s o s . ...do..,
NondurabIe goods i ndustr i es
••••••••••••••••••do..
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS;
Unadjusted for seasonal variations
Accession rate, totaI.........mo. rate per 100 employees
Separation rate, total.....................••••••...do oe
Seasonally adjusted;
Accession rate, total..8ffll9(9e,,0 . e ........S.....«*. eee .do..,
New hires........
••••••••••••••••••••do.„
Separation rate, total..............................do..,
yUlT........................ ........... ........... UO a »
LayOT T®ososooeaoe9®oaooBSSoo»oooaoo®®a®sosa«soo»e«>e QO« . ,

119.0
126.0
109.8

FINANCE
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 3! call dates), seas, a d j . ;
Total loans and investments J/.'..... .....
•••••bil. $,
Loans J./.••••••••••••••••
••
••••
..... .do..
U.S 6 Government securities................ ••••••••• .do..,
Other securities..
.,...(j 0
FEDERAL GOVERNMENT FINANCE;
Public debt and guaranteed obligations;
Gross debt (direct), end of month, total
....do..,
I nterest bear i ng, tota I
do..
Pub I Ic issues......
..................do..
Held by U.S. Government investment accts......do..
Spec i a I i ssues.
do..
Non interest bear ing...............................do..,
Guaranteed obligations not owned by U.S. Treasury,
end of month
••••••••• • • do..
LIFE INSURANCE (Institute of Life insurance);
ASSETS. TOTAL, ALL U.S. COMPANIES..
do..,
Bonds (book value), total
,,,
do..
Stocks (book value), total....
do..
Mortgage loans, total........
.......do..
Nonf arm.
do..
ReaI estate.
do..
Policy loans and premium notes
,
do..
Cash
do..
Other assets
do..,
PAYMENTS TO POLICYHOLDERS AND BENEFICIARIES IN U.S.;
TOTAL
mil. $
Death benef its.......
do..,
Matured endownments
do..
D i sab i 15 ty payments
do..
Annuity payments....
do..
Surrender va I ues
do..
Pol icy dividends
.....do..
jr/ Revised.
JD/ Preliminary.
USCOMM-DC—9187

J/ Excludes interbank loans

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