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FEBRUARY 22,1974

BUSINESS
STATISTICS

A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
1967=- 1 0 0

ELECTRIC POWER PRODUCTION

170

j?
1973 '

(E. E. I. seas. adj. index)

\

-

M nn

JklAl \

rrLfl

)

yip"

~

qo _

160

150

i
140

1974

~

1971

1973

1972

Data: Edison Electric Inst.

130

Weekly

II I I I
I I I! 1 1 1
J F M A M J J A S O N D

1974

Thousands
1,400

Thousands
350

MOTOR VEHICLE PRODUCTION
(Passenger cars)

1971

1972

Data: Automobile Mfrs. Assn.

1973

Billion$

Billion$

1,200

1,000

PERSONAL INCOME
(Seas, adj., at annual rates)

1,100

1,000

1965 = 100

200

WHOLESALE PRICES

900
Farm Products and
Processed Foods and Feeds

Total
(left scale)

-

-

900

Industrial

i i i i i 1 i ii ii ii Ii i 1 i i M i IiiM 1 I II 1- UI i 1 II 1 1 1 1 II
500
Data: U.S. Dept. of Commerce

1972

1973

1974

Commodities

I I II [ I

1971

U.S. Dept. of Labor

* Available only with subscription to the SURVEY O F CURRENT BUSINESS, this Supplement
and monthly data subsequent to those published in the latest monthly SURVEY


provides selected weekly


,

800

600

Wage and Salary
Disbursements
(right scale)

1971

j \
' \

700

*

800
700

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

1974

1972

1973

1

I I I II I II I I I

1974

WEEKLY BUSINESS STATISTICS'

2

1973
Feb. 10
WHOLESALE PRICES, 22 COMMODITIES 2/

1974
Feb. 17

Feb. 2

Jan. 26

Feb. 9

1967=100.

138.5

142.8

215.1

217.5

221.7

mil. $.
.do*

8,447
5,581

8,687
5,725

8,548
5,788

8,934
6,021

8,556
6,025

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.

276
2,248
2,063
170

243
2,246
2,060
194

374
2,739
2,564
179

381
2,721
2,550
170

458

64,277
77,180
31,804
118

64,673
77,661
31,809
187

70,581
86,008
36,581
-94

69,931
85,880
36,151
276

69,935
85,004
35,445
101

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

97,090
58,274
311,368
27,765
93,460
46,711

96,530
58,088
311,563
27,005
94,692
46,741

98,798
56,918
352,626
26,230
109,632
55,554

99,325
56,810
351,606
25,687
109,471
55,627

96,981
56,911
353,373
25,439
109,692
55,699

Bond yields, domestic corporate (Moody's) 3^/
percent.
Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=10.
Industrial, 425 stocks
do...

7.57
113.66
127.23

7.57
115.10
128.97

8.18

8.18

97.07
108.35

97.06
108.40

8.15
93.26
103.96

10,615
35,799
200,453
9,384

10,905
36,947
223,826
9,329

11,960
34,602
158,889
9,229

12,475
34,363
152,610
9,234

11,805
36,343
112,920
9,212

2,883

2,900
118.9

2,900
118.9

2,838
116.3

16.5

16.8

16.6

ALL RETAIL STORES, SALES
Nondurable goods stores.

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....
Assets and liabilities of large commercial banks: 4/
Demand deposits, adjusted
Savings deposits
Loans and investments, gross adjusted, total
U.S. Government obligations
Commercial and industrial loans (gross)
Real estate loans (gross)

PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate _3/
Steel, raw
Index of production
RAIL FREIGHT, REVENUE TON-MILES
1_! Data do not always cover calendar weeks.

thous. sh. tons..
mil. kw.-hr..
number..
thous. bbl..
thous. sh. tons..
1967=100..

2,886

118.3

118.2

bil..

15.6

16.0

2_/ Tuesday price.

MONTHLY

3/ Daily average.

kj

Wednesday data.

BUSINESS STATISTICS
1974

1973

1972
ITEM

Nov.

989.1
661.7
239.2
187.1
158.7
122.9
140.9
43.0

1,068.5
711.2
259.5
202.5
169.6
132.9
149.2
46.2

1,079.4
717.8
262.5
204.6
170.8
134.1
150.4
46.7

rl,089.0
r722.6
r264.1
r205.1
rl71.3
rl35.9
151.3
47.1

1,084.9
719.9
259.7
201.6
171.6
136.4
152.2
47.5

55.6
22.3
24.9
26.5
81.1
112.6
35.9
953.6

56.1
24.0
24.8
26.8
81.9
112.5
41.7
957.4

58.5
29.9
25.6
28.5
91.5
121.1
44.0
1,030.0

58.7
31.6
25.7
28.7
92.6
121.9
44.3
1,039.0

r58.6
32.4
25.7
29 0 8
r94.0
rl23.0
r44.3
rl,047.5

58.6
29.6
25.8
29.5
95.1
125.7
46.8
1,046.0

121.1

122.2

127.0

rl27.5

rl26.7

,125.7

119.1
116.8
127.7
135.0
142.9
133.9
160.0
130.5

120.7
118.6
121.8
136.0
138.6
130.2
155.0
134.5

rl24.3
rl22.7
rl32.6
rl37.3
rl31.4
122.5
rl48.4
rl40.9

rl25.2
rl23.5
rl33.4
rl39.0
rl35.1
124.8
rl54.4
rl41.2

rl24.1
rl22.2
rl30.9
rl34.7
rl22.2
106.2
rl52.8
rl41.8

123.0
121.1
129.2
130.0
109.3
90.0
146.4
141.7

125.0
112.2
128.4

127.4
115.1
130.7

rl30.8
rll6.8
rl34.5

rl31.2
117.7
rl34.8

rl29.5

128.9

rl32.7

132.1

Jan.

983.6
654.0
236.8
185o6
157.2
121.3
138.7
42.7

Dec.

Jan. jd/

Oct.

Dec.
GENERAL BUSINESS INDICATORS
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, AT ANNUAL RATES:
.bil. $..

Proprietors' income:

Less personal contributions for soc. insurance. ...do....
INDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT)
SEASONALLY ADJ., TOTAL INDEX (INCL. UTIL.)
1967-100..
BY MARKET GROUPINGS:

rj Revised, p/ Preliminary.




MONTHLY BUSINESS STATISTICS — Continued

3

1973

1972
Jan.
GENERAL BUSINESS INDICATORS--Con.
INDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT)—Con.
SEASONALLY ADJ., TOTAL INDEX (INC. UTIL.)—Con.
BY MARKET GROUPINGS—Con.
Equipment
1967=100.
Business
do...
Defense and space equipment
do...
Intermediate products.....
do...
Materials
do...
Durable goods materials
do...
Nondurable goods materials
do...
do...
Fuel and power, industrial
BY INDUSTRY GROUPINGS:
MANUFACTURING, TOTAL
do...
Durable manufactures.
do...
Primary metals
do...
Fabricated metal products
do...
Machinery.
do...
Transportation equipment.
Instruments
Lumber and products
Clay, glass, and stone products
Furniture and fixtures

do...
do...
do...
do...
do...

Nondurable manufactures
Textile mill products
Apparel products
Leather and products
Paper and products
Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Foods
Tobacco products

do...
do...
do...
do...
do...
do...
...

MINING
Metal mining
Coal
Oil and gas extraction
UTILITIES
Electric

102.9
116.9
79.8
128.4
124.5
124.1
126.3

120.6

rl08.9
126.2
r80.0
rl30.6
rl31.1
rl32.2
r130.1
rl26.9

rl09.8
rl27.7
r80.0
rl31.4
rl31.7
rl33.6
rl30.2
rl24.7

rl09.8
rl27.3
r80.9
rl30.5
131.0
rl33.8
rl28.9
rl23.0

109.7
127.2
80.6
129.4
130.3
131.4
130.1
122.8

121.4
117.5
123.1
125.7
118.4

rl26.4
rl23.5
rl28.7
rl32.4
rl29.2

rl27.4
rl24.8
rl33.4
rl33.5
130.5

rl26.8
rl23.9
rl33.0
rl32.4
rl30.8

125.8
122.6
134.3
131.0
129.8

126.6
122.7 •'
124.3
120.3

107.6
130.1
125.8
126.8
119.1

rl08.8
141.0
127.4
131.2

108.3
rl42.9
rl33.2
rl30.4
rl27.9

rl03.1
rl43.6
133.7
129.4
127.6

96.9
146.0

126.2
124.2
111.1
87.4
133.6
111.3

127.0
125.3
112.3
81.3
131.8
112.1

rl30.4
rl30.2
rll4.9
83.1
135.3

rl31.0
130.0

130.4

112.1

rI3I.3
rl29.7
114.9
r82. 7
rl36.2
rll2.3
rl52.0
rl29.5
rl65.6
rl25.3
115.8

rl53.7
125.8
163.7
rl24.4

155.4

112.4

101.5
114.4

80.1

127.7
124.4
123.5
126.4
119.5
120.4
116.3
125.4
122.3

116.8

106.6

128.8

82.4
134.9
rll0.8

111.1

do...
do...
do...
do...
do...

144.7
125.5
154.7
119.7
102.5

146.4
127.3
157.1
120.5
107.9

rl52.7
rl30.4
rl61.9
rl22.4
113.7

do...
do...
do...
do...
do...
do...

108.2
98.6
108.2
148.5
155.6

108.5
130.3
99.1
107.7
151.0
159.1

rill.9
138.3
103.0
rll0.8
156.2
165.3

rill.4
rl35.2
104.1
rl09.8
rl53.7
rl62.2

rllO.O
135.2
99.7
rl08.0
rl46.0
rl53.5

1967=100.
do...
do...

130.8
125.0
134.8

134.4
127.5
139.3

192.0
197.7

188.1

192.1
191.5
192.4

204.3
197.7
208.9

do...
do...
do...
do...
do...
do...

122.9
137.5
129.4
119.4
104.8
121.9

124.5
144.2
132.4
120.0
105.1

122.2

139.5
188.4
153.1
129.6
112.7
150.5

141.8
184.0
151.9
133.5
113.5
179.2

145.3
187.2
155.7
137.1
115.6
201.3

150.4
202.6
162.1
140.5
118.2
214.6

do.
do.
do.
do.
do.

112.4
142.2
149.8
118.6
124.4

112.6
143.9
151.0
118.9
125.6

143.8
180.3
123.1
135.9

117.2
143.0
184.7
123.8
138.5

117.5
141.9
186.1
124.6
141.8

119.0
142.6
183.7
126.0
145.0

130.9
125.8
114.0
128.5
115.9

121.0

131.5
127.6
114.8
130.0
116.1
121.3

132.6
128.7
116.5
131.4
117.3
121.6

138.7
133.0
117.7
133.8
118.6
123.5

$0,705

$0,688

$0,665

128.1

123.7

109.1
109.5
143.0
150.5

COMMODITY PRICES
SPOT MARKET PRICES, BASIC COMMODITIES:
22 Commodities
9 Foodstuffs
13 Raw industrials
WHOLESALE PRICE INDEXES:
ALL COMMODITIES...:
Farm products
Food and feeds, processed.........
Industrial commodities
Chemcials and allied products
Fuels and related products, and power....
Furniture and household durables
Hides, skins, and leather products
Lumber and wood products
Machinery and equipment
Metals and metal products

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.

127.4
115.1
109.8
115.6
114.2
115.1

128.2
115.8

110.0

116.6
114.1
115.8

116.6

$0,814

$0,803

$0,717

18,293
y ,107
2,298
6,889

18,925
9,251
2,808
6,866

21,454
10,781
2,711
7,961

21,505
10,926
2,662
7,917

21,840
11,071
2,577
8,193

556.4
377.8
61.9
116.7

564.7
385.8
61.8
117.1

621.7
440.0
54.9

624.6
443.6
54.5
126.5

625.4
444.5
53.2
127.7

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
do...
Commercial bank credit (last Wednesday of month, except
for June 30 and Dec. 31 call dates), seas, adj.:
Total loans and investments 1/
bil. $.
Loans 1_/..
...do...
U.S. Government securities
do...
Other securities
do...
rj Revised.

£_/ Preliminary.




1_/ Excludes interbank loans.

126.8

633.6
450.2
53.9
129.5

4 MONTHLY BUSINESS STATISTICS—Continued
1972

1973

1974

ITEM
Dec.

Jan®

Oct®

7.49

7.96

7.15
7.37
7.53
7.90

7.60
7.84
7.98
8.41

Nov®

Dec.

Jan®

1
I
1
11
1!
1|

8®02

8.05

8.15

7®67
7.90
8 o 07
8.42

7® 68
7.92
8.11
8.48

7.83
7.97
8.22
8.58

7® 76
8.04
8 24

j
!1
1I

7 © 81
8.11
8.28

7.84
8.17
8o28

7.97
8.27
-8.34

9® 73
10o 75
5.03
^«09
7.55
I1.88

;

10ol6
11.22
5.03
4.09
7.55
11.90

10ol9
11.23
5.04
4.19
7.66
12.91

10.34
11.44
5o08
4.19
7.82
12.91

258.72
320.11
I
60.95
83.86

263.71
323.48
60.87
95.43

259.96
318.98
63.23
89.14

3.93
3.51
8.25
4*88
3.02
3.38

3.86
3.47
8.28
4.39
2.91
3® 70

3.98
3.59
8.03
4.70
3.20
3.80

FINANCE—Con.
SECURITY MARKETS:
BONDS:
Yields:
7® 47
Domestic corporate (Moody,s)o,5t,.....»....«..8..«.percent® •
By rating:
7.08
Aaa ,,0„„..00...0.....0.0.0..c>» = 0®.e0°®0e.0.0e««. <9 odo® .o.
7.36
Aa®...... - . . . . - .. - . . . . . . . . . . . . . . . ....do.®.
. o . . .•. ....o.
Ao . . . . . . . . .. . . . . - . O . . . . . . .. . . . . O . . . . .• • • . -7o50
.....
. . .do..s
7.93
Baa.
By group:
7.22
1
Industrials* ......a...........................
7® 48
•
]
Public U t i l i t i e s . , * . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.91
Railroads® ......... ......ao............. ......
j
STOCKS:
Dividend rates, prices, yields, common stocks (Moody ! s):
Dividends per share, annual rate, composite<,08.„o8 dollars® o
9.22
Industrials*. .....................a..............
9®97
PubliC UtiHtieSo QOOOOOOOOOOOOecOOOe^OO.aOQCOOO® ®®sdo®ee, e
4.92
Railroads* o SOS 0..®o®®®®0. 0 ® s ® a ®® s , ! , E!5ffl0 0 a 0=,a = 000® as ,doo 9B •
3.92
No Y. banks . oo8..»..oeBoooooe.....-....o...«oo.ooB
7.39
ij
Property and casualty insurance companies®.®».. ®. o odOa o e
11.10
Price per share, end of mo«, compositeo.,..«....».
O
O
Industrials® B a B . B ' a o 0 o 0 0 0 o* a <,*„« 0 oo* a a o a a o 0 0 « o a e o
Public utilitiesooooe0oQa.Q0o.<5o®.o«.0o»..®<»0o.o „o.do..o a
RailroadSo o®®®oooOQ®S0OS,eG®ooQ®°®o®O®o®,D.>®«>®®®®° oe .do®® e

.

313.81
389«48
83 o 61
91®26

Yields, compositeo
percent*
Industrials® . . . . . . . c o . . . . . . . . . . . . . . . ...... ......s „ d o . „ o
Public utilities....®......®.....®..............
Rail road s. ®.o®as®00os0c,ooa>o«,o®,s®®8®.®0®.,®e,»o,»,»,01!,. . . d o . . . •
N e Yo banks
oS.do..» e
Property and casualty insurance companies® ....<,.

2®94
2.56
5.88
4® 30
3.06
2®67

•

j

7.27
7.51
7.87

9.29
10,06
4.95
3.95
7.39
11.38

1

i

1
I
|

311.61
388*63
79®43
86.38

288.50
361 44
68®21
80.73

2.98
2.59
6.23
4.57
3.07
3.09

3® 37
2®97
7.37
5.07
2® 70
3®28

|

j
I
j
I
|

USCQMM—DC—11,5 78

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