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BUSINESS
STATISTICS
A UNITED 8TATE8
DEPARTMENT OF ,
PUBLICATION
t^«55/j
A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS4
FEBRUARY 12,
1971
1941-43=10
130
PRICES OF 425 INDUSTRIAL STOCKS
(a*****!**.)
120 _
(W*dn*$day dose;
-\
i
^ s / \
y*N./
/
'
-|
90 80
194M3=10
120
-J
110
100
Weefcfy
i i i i i i i i i i i
11 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 I i i i i i
1970
1971
1969
1968
H80
i i i ,i i I, i i i, i i I 70
J F M A M J J AS O N D
Data: Standard & Poor's C
Billion $
'
I
Billion $
N E W
CONSTRUCTON
I 80
TOO r- (Seas., adj., at annual rates)
Billion $
35
SALES OF RETAIL STORES
30
(seasonally adjusted)
Total
60
Total Put in Place
(left scale)
20
Jlesldenfial,
(right scale)
60
25
40
T"
Nondurable Goods
15
Durabh Goods
40 h
20
I II I I I Il
1968
1970
I 1 I 1 ill I I I II M l I I I
1968
1971
1969
1970
1971
Data: U.S. Dept. of Commerce
Data: U.S. Dept. of Commerce
Dollars
3.80
miAntV
5
• •I • • • I
Ii
1969
10
Hours
48
MANUFACTURING HOURS &
EARNINGS
3 . 6 0 h (Hours seasonally adjusted)
46
Average Hourly
Gross Earning*
44
Billion $
11.0
CONSUMER INSTALLMENT CREDIT
EXTENDED A N D REPAID
10.0 h (seasonally adjusted)
Exfndod
3.40 h
9.0
(left scale) <
42
3.20 h
i/V
3.00 F N
2.80
-*S-'
K--
40
Avraao Hours For W—k
•
I • • • I • • • • • I
1968
Data: U.S. Dept. of Labor
(right scale)
i
I • • • i • I • i i i 11 i • i
1969
1970
I I I IIM I I I
1971
38
6.0
1111111111111
1968
Data: Federal Reserve Board
• Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement
provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY
i • 1 1 . . I . . i . . i • . . 111 • • • 1 1 1 1 1 1 1 1
1969
1970
1971
WEEKLY
2
BUSINESS STATISTICS1
1970
ITEM
1971
Jan. 31
Feb. 7
Jan. 16
Jan. 23
Jan. 30
1967=100
115.9
116.2
106.5
107.3
108.1
mil. $
do..
6,229
4,257
6,141
4,359
6,397
4,620
6,431
4,548
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,
293
1,973
1,860
185
324
1,938
1,827
226
453
3,174
2,798
227
399
3,215
2,801
216
6,440
4,428
I
354
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..
52,090
61,675
28,518
112
51,965
61,630
28,415
211
56,654
67,328
30,107
r82
56,099
67,611
31,003
88
55,585
66,616
30,202
295
82,193
45,253
226,608
22,641
78,157
33,978
79,970
45,754
225,412
22,056
78,217
33,430
84,017
48,835
250,166
28,329
80,963
34,280
82,748
48,974
248,628
28,349
80,895
34,244
82,437
49,122
248,652
28,447
80,028
34,281
8.29
86.79
95.46
8.32
86.24
94.78
8.10
92.56
101.04
8.02
93.78
102.40
7.87
94.89
103.93
thous. sh. tons.
mil. kw.-hr,
number.
thous. bbl.
1,995
28,870
154,446
9,525
1,722
29,519
133,370
9,616
2,058
30,921
190,276
10,030
2,038
31,565
187,632
10,033
1,887
31,185
178,621
10,001
Steel, raw......••••••••••••••••••••••••••.thous. sh. tons.
Index of production
1967=100.
2,546
104.4
2,561
105.0
2,534
103.9
2,596
106.4
2,662
109.1
14.9
14.6
14.4
14.5
14.7
WHOLESALE PRICES, £2 COMMODITIES 2/
ALL RETAIL STORES, SALES
Nondurable goods stores.•••••
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...
Bond yields, domestic corporate (Moody1 s) j3/. ..... .percent,
Stock prices, 500 stocks (Stand. & Poor»s) 4/...1941-43=10.
Industrials, 425 stocks
•
do...
PRODUCTION:
Bituminous coal 3J
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
RAIL FREIGHT, REVENUE TON-MILES
bil.
249
1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data.
MONTHLY
BUSINESS STATISTICS
1969
1970
ITEM
Dec.
Jan.
Oct.
Nov.
Dec.
COMMODITY PRICES
WHOLESALE PRICE INDEX:
All commodities
1967=100
Farm products
do. •
Processed foods and feeds...........................do..
Industrial commodities
do. •
PURCHASING POWER OF THE DOLLAR AS MEASURED B Y —
Wholesale prices
1967=$1.00
108.5
112.0
109.8
107.8
$0,922
109.3
112.8
112.0
108.3
111.0
107.8
111.8
111.3
110.9
107.0
111.7
111.3
$0,915
$0,901
$0,902
111.0
107.1
110.7
111.7
$0,901
1970
1969
Nov.
Dec.
Sept.
Oct.
mil. $,
do..
do. .
do..
do..
29,839
9,107
5,378
1,436
1,142
35,963
9,799
5,072
1,847
1,186
29,739
9,039
4,986
1,377
1,319
31,849
9,539
5,293
1,459
1,362
r30,218
r8,234
r4,291
rl,464
rl,210
Nondurable goods stores
do.•
Apparel group
do. •
Drug and proprietary stores.......................do..
Eating and drinking places
do..
20,732
1,782
966
2,121
26,164
2,838
1,347
2,120
20,700
1,653
1,047
2,431
22,310
1,820
1,079
2,465
r21,984
rl,841
rl,046
r2,260
do..
do..
do. .
6,331
2,053
5,649
6,800
2,131
8,636
6,665
2,141
5,046
7,227
2,241
5,503
r6,523
r2,211
r6,077
do..
do..
do. .
do..
.do..
29,471
9,229
5,565
1,332
1,168
29,419
9,275
5,453
1,399
1,180
30,885
9,556
5,652
1,345
1,237
30,534
8,927
4,942
1,384
1,228
r30,208
r8,380
r4,447
rl,388
rl,245
Nov.
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL
Durable goods stores.••••
Automotive group
Furniture and appliance group
Lumber, b u i l d i n g , hardware group
Food group
Gasoline service stations
General merchandise group with nonstores
ESTIMATED SALES (SEAS. ADJ.), TOTAL
Durable goods stores
Automotive group
Furniture and appliance group
Lumber, building, hardware group
r/ Revised. 2J Preliminary.
2478
MONTHLY BUSINESS STATISTICS—Continued
J
1969
ITEM
1970
Nov.
Dec.
Sept.
Oct.
20,242
1,677
1,004
2,233
20,144
1,681
1,000
2,137
21,329
1,650
1,101
2,374
21,607
1,746
1,090
2,386
r21,828
rl,775
rl,099
r2,394
•••••• • .do.•
•
do..
do..
6,429
2,078
4,987
6,435
2,097
4,998
6,870
2,165
5,248
6,859
2,217
5,342
r6,866
r2,242
r5,422
do..
do. •
46,014
44^268
43,535
44,623
44,659
45,691
45,347
44,683
46,216
44,507
Jan.
Oct.
Nov.
Dec.
Nov.
DOMESTIC TRADE — Con.
RETAIL TRADE, ALL RETAIL STORES — Con.
ESTIMATED SALES (SEAS. A D J . ) , T O T A L — C o n .
Nondurable goods stores.••••••••••••••.•••••••••••••mil. $
Apparel group
«,
do..
Drug and proprietary stores.••••••••••••••••••••••••do..
Eating and drinking places
•.do..
Food group
Gasoline service stations
General merchandise group with nonstores
ESTIMATED RETAIL INVENTORIES:
Unadjusted, total
Adjusted, total
1970
1969
Dec.
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. •.
Unemployment (all civilian workers)
do...
Civilian labor force, seasonally adjusted. 1/
do...
Employed, total
do. •.
Nonagri cultural 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-cqllar workers.•••••••••••••••••••••.
Industry: Private nonfarm wage and salary workers
Construction*•••••••••••••••••••••••••••••••••••••••.
Manufacturing*••••••••••••••••••••••••••••••••••••••«
Durable goods.••••••••••••••••••••••••••••••••••••.
EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
Total, seasonally adjusted
thous.
Mining
do. •.
Contract construction.•••••••••••••••••••*.••••••••••.do.•.
Manufacturing
do. •.
Durable goods
do. •.
Nondurable goods
do. •.
Transportation, communication, electric,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.
PRODUCTION WORKERS (MFG. PAYROLLS), TOTAL, seas, adj
do...
Durable goods.••••••••••••••••••••••••••••••••••••••••••do.••
Nondurable goods.••••••••••••.•••••••••••••••••••••••••.do.•.
HOURS (GROSS), AVG. WEEKLY PER PROD. WORKER (MFG. PAYROLLS):
Manufacturing^seasonally adjusted
o«....hours.
Overtime hours
o
.•• .do.• •
Durable goods.•••••••••••••••••••••••••••••••••••••••.do...
Overtime hours.••••••••••••••••••••••••••••••••••••.do.•.
Nondurable goods.•••••••o..«.••••••••••••••••••••••••.do.•.
Overtime hours.••••••••••••••••••••••••••••••••••••.do.••
MAN-HOUR INDEXES, AGGREGATE WEEKLY, s e a s , a d j u s t e d :
Manufacturing
1967=100.
Durable goods
o
do. • •
Nondurable goods
do.•.
HOURLY EARNINGS (GROSS), AVG. PER PROD. WORKER ON PAYROLLS:
Manufacturing, not seasonally adjusted
•••••dollars.
Excluding overtime.
do. •.
Durable goods
do...
Excluding overtime
do. • •
Nondurable goods.•••••••••••••••••••••••.••••••••••.•.do.•.
Excluding overtime.
... 0 ....•••..•••••.•••do.••
r/ Revised. j>/ Preliminary.
the Feb. 1971 Employment and
84,856
81,416
78,788
75,805
2,984
2,628
r81,669
78,728
75,j298
3,430
2,941
407
84,105
80,719
77,313
74,398
2,915
3,406
r82,165
78,943
75,504
3,439
3,222
425
86,255
83,175
78,916
75,522
3,394
4,259
r83,300
78,691
75,398
3,293
4,609
754
86,386
83,347
78,741
75,515
3,226
4,607
r83,473
78,550
75,197
3,353
4,923
880
r3.6
2.3
3.6
12.1
1.7
5.8
3.3
2.1
4.4
3.7
6.4
3.9
3.8
r3.9
2.5
3.7
13.7
1.9
6.5
3.6
2.2
4.6
4.0
7.3
3.9
3.9
r5.5
4.1
5.0
17.0
3.0
9.3
5.2
3.0
7.3
6.0
11.7
6.7
7.3
r5.9
4.2
5.6
17.6
3.2
9.0
5.5
3.6
7.4
6.2
9.1
7.3
8.2
r6.2
4.6
5.8
17.8
3.4
9.5
5.6
3.8
7.8
6.6
11.8
7.6
8.0
70,842
627
3,496
20,082
11,^73
8,309
70,992
625
3,394
20,018
11,679
8,339
70,182
621
3,278
18,684
10,002
8,082
r70,085
r625
r3,303
rl8,538
rl0,455
r8,083
r70,264
625
r3,311
rl8,814
rl0,741
r8,073
10,943
3,{>26
11,431
12,361
2,,721
9,640
4,507
14,938
3,828
11,110
3,648
11,472
12,390
2,717
9,673
4,509
15,011
3,857
11,154
3,696
11,665
12,718
2,654
10,064
r4,493
rl4,945
r3,851
rll,094
3,711
11,695
rl2,775
2,661
rl0,114
r4,440
rl4,329
r3,854
rl0,975
r3,725
rll,730
rl2,790
r2,650
r10,140
14,638
8,516
6,122
14,573
8,425
6,148
13,405
7,504
5,901
rl3,289
r7,386
r5,903
rl3,587
r7,686
r5,901
40.7
3.5
41.3
3.6
39.8
3.3
40.3
3.3
41.0
3.4
39.6
3.4
39.4
2.8
39.9
2.6
38.9
2.8
39.6
2.7
40.0
2.5
38.9
2.8
r39.6
2.6
r40.0
r2.5
39.0
2.7
101.2
100.0
103.1
91.1
86.9
97.1
90.4
85.7
97.4
92.7
89.4
97.5
3.29
3.17
3.49
3.36
3.01
2.90
3.37
3.26
3.56
3.44
3.13
3.01
3.39
3.28
3.58
3.46
3.15
3.04
3.46
3.35
3.68
r3.57
3.17
3.06
4,469
14,750
3,fc07
3.29 j
3.15
3.49
3.34
2.99
2.87
1/ Labor force data reflect revised seasonal
Earnings (Bureau of Labor Statistics).
|
86,165
83,152
78 j 516
75,564
2,952
4,636
r83,609
78,463
75,055
3,408
5,146
1,084
factors; comparable figures for earlier periods will appear in
MONTHLY BUSINESS STATISTICS—Continued
4
1969
ITEM
1970
Dec.
Sept.
Oct.
*12,803
6,704
1,705
*4,394
13,204
6,714
1,732
4,758
14,443
7,101
1,852
5,489
9,484.4
4,207.5
5,276.9
2,224.8
3,052.1
9,560.4
4,198.2
5,362.2
2,212.9
3,149.3
119,378
96,478
Nov.
Nov.
Dec.
14,573
7,137
1,973
5,463
14,616
7,156
2,020
5,439
14,773
7,186
2,030
5,557
rl0,559.6
4,668.1
r5,891.5
2,502.9
r3,388.6
rlO,791.8
4,899.8
r5,892.1
r2,497.4
r3,394.6
rlO,542.4
4,824.0
r5,718.4
2,420.1
r3,298.3
10,903.7
5,016ol
5,887.6
2,480.1
3,407.5
122,469
98,169
123,907
100,142
123,866
99,959
123,915
99,790
126,802
101,161
8,173
7,545
10,096
8,405
8,580
8,298
8,670
8,853
8,271
8,440
10,194
8,823
8,632
8,012
8,344
7,929
8,849
8,490
8,580
8,662
8,414
8,716
8,536
8,515
70.5
151.6
49.4
71.7
40.3
69.4
145.7
49.2
69.6
40.8
r75.4
161.0
r53.0
77.9
r42.9
r78.2
175.9
r53.5
78.4
r43.4
r75.7
168.5
51.7
75.8
r41.9
77.0
170.6
52.5
76.7
42.7
259o88
789.22
108.36
175.32
240.57
759.38
108.79
141.25
245.02
763.72
106.68
152.66
246.16
769.23
110.98
148.37
**263.81
**821.51
**118.88
**160.34
FINANCE
AGRICULTURAL LOANS AND DISCOUNTS OUTSTANDING OF AGENCIES
SUPERVISED BY THE FARM CREDIT ADM.:
Total, end of month
mil. $..
Farm mortgage loans: Federal land banks................do«...
Loans to cooperatives.••••••••••••••••
..••.••••••do.• • •
Other loans and discounts.••••••..o....
••....••••.do....
Bank debits to demand deposit accounts, except interbank
and U.S. Govt, accounts, annual rates, seas, adj.:
Total (233 SMSA's)...o
bil. $..
New York SMSA
do....
Total 232 SMSA's (except N.Y.)
..do....
1
6 other leading SMSA s
do....
226 other SMSA* s
o.do....
CONSUMER CREDIT (SHORT - AND INTERMEDIATE-TERM):
Total outstanding, end of month
o
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....
Turnover of demand deposits except interbank and U.S. Govt.,
annual rates, seasonally adjusted:
Total (233 SMSA's)
o
ratio of debits to deposits..
New York SMSA
do....
Total 232 SMSA's (except N.Y.)
do....
6 other leading SMSA's
do....
226 other SMSA's
do....
SECURITY MARKETS:
STOCKS:
Prices:
Dow-Jones averages (65 stocks).
•••••••••••••••••
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)
281.02
841.09
116.04
195.47
1
rj Revised. *Excludes loans by Federal Intermediate credit banks outside the Farm Credit Administration. **Indexes of January: 65 stocks,
279.62; industrial, 849.04; public utility, 124.86; transportation, 180.85.
USCOMM—DC—2478
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 20402
OFFICIAL BUSINESS
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