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February 23, 1968

BUSINESS
STATISTICS

A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
INDICATORS

Index, 1957-59=100

Index, 1957-59 = 100
200 ~ ELECTRIC POWER PRODUCTION (by utilities)

/

(E. E. 1. seas. a d j . index)

A.

,

190

—

180

-

170

-

160

Monthly

150
1 1 1 1 L_J

!..,_]. J

1 1

L 1 1 l_l

1965

1 1 1 1 1 1

_l_l

1—1 1 1 1 1 1 1

l_

1 1 1 1 1 1—l

1967

1966

l

l

|210

r

200
190
180

1967 A*

170
Weekly - | 160

—
l

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

l

1968

Data: Edison Electric Inst.

Index, 1957-59=100
250

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

-

-

_

—200
^1968

-

150

150

v.J*X

^ 1 9 6 7

100

-

H ioo
Weekly

Monthly

50

i

i

i

i

i

1 i

i

i

i

i

i

i

1965

i

i

i

i

1 i

i

i

i

i

1966

l

i

I l-l. 1

1

1 , 1 1 1 1

1

1967

1

1

1

1

1

t

1 _J___1___

1968

•

1

J

1

1

1 1

1. i

i

i

Data: Amer. Iron & Steel Inst.

Million
2.5

Index, 1957-59=100
200
TOTAL INDUSTRIAL PRODUCTION

PRIVATE NONFARM HOUSING STARTS

(F.R.B. seas. adj. index)

2.0

180

120 i n . i .1 i i
1965

i i 11 11 i i i 111 i i i

Data: Federal Reserve Board

1966

1 1 1 1 1 1 1

1967

i

1 1 1 1 1 1 1

1968

(Seas, adj., at annual rates)

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 i i i I J i i i i i I i

1965

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

 provides selected


1966

Data: U.S. Dept. of Commerce

i_i_

FMAMJJASOND

1967

1968

50

WEEKLY BUSINESS STATISTICS1

2

1967

1968

ITEM
Jan. 27

Feb. 3

Feb. 10

Feb. 17

102.1

95.8

96.2

96.4

96.1

5,164
3,583

5,422
3,743

5,654
3,818

5,784
3,909

5,696
3,894

276
1,630
1,557
288

248
1,651
1,579
286

243
1,696
1,602
216

309
1,686
1,591
204

257
206

220

FINANCE:
Currency in circulation 3/
mil. $,
Federal Reserve bank credit outstanding, total .3/...do..,
Member bank reserve balances 5/
do...
Excess reserves, estimated 3/
do..,

43,405
46,630
23,849
289

43,614
46,747
23,726
418

46,119
51,186
25,924
359

45,758
50,751
25,692
322

45,777
51,099
25,953
441

45,942
50,935
25,511
459

Assets and liabilities of large commercial banks: 4/
Demand deposits, adjusted
mil. $,
Sav i ngs depos its
do...
Loans and investments (adjusted), total
do...
U.S. Government obligations
do...
Commercial and industrial loans (gross)
do...
Real estate loans (gross)
do...

72,699
46,600
184,626
25,397
60,264
27,311

71,768
46,506
185,315
25,926
60,404
27,253

77,154
48,521
201,998
27,928
65,059
29,034

78,598
48,516
203,819
28,080
64,994
29,035

75,637
48,535
201,901
27,417
64,914
29,026

5.34
87.72
93.73

5.34
88.27
94.38

6.40
93.17
101.07

6.40
92.24
100.00

6.40
92.06
99.75

1,708
23,436
178,754
8,722

1,805
23,144
178,075
8,712

1,767
25,076
227,908
9,257

1,397
24,835
179,208
9,363

1,769
25,026
181,097
9,378

2,482
133.2
500
279

2,476
132.9
531
294

2,777
149.1
527
302

2,821
151.4
502
300

2,857
153.4
504
286

WHOLESALE PRICES, 22 COMMODITIES 2/

1957-59=100,

ALL RETAIL STORES, SALES
Nondurable goods stores

mil. $,
do...

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,

Bond yields, domestic corporate (Moody's) 3/
percent.
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 3/
thous. bbl.
Steel, raw
Index of production
FREIGHT CARLOAD I NGS, TOTAL
M i see 11 aneous

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

J./ Data do not always cover calendar weeks.

2/ Tuesday price.

MONTHLY

Feb. II

Feb. 18

102.2

3/ Daily average.

6.39
90.14
97.68

225,452
2,826
151.7

±/ Wednesday data.

BUSINESS STATISTICS
1967

1966
ITEM

III
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT:
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
GROSS NATIONAL PRODUCT, TOTAL
bil. $,
Personal consumption expenditures, total
do..,
Durab le goods, tota I
do..,
Automobiles and parts
do..,
Furniture and household equipment
do..,

IV

IV

748.8
470.1
70.9
29.8
30.6

762.1
473.8
70.6
29.6
30.6

766.3
480.2
69.4
27.3
31.4

775.1
489.7
72.5
29.7
31.9

791.2
495.3
72.7
29.9
32.1

r807.3
r50l.8
r73.8
r30. 1
32.6

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

209.5
41.0
107.3
16.3

210.3
40.8
107.2
16.6

214.2
41.5
109.3
17.1

217.2
43.2
110.1
17.5

218.5
43.7
110.9
17.5

r220.3
r43.1
112.2
17.8

do..,
do. •,
do..,
do. •,

189.8
27.4
67.4
13.7

192.9
27.7
68.5
14.0

196.6
27.8
69.6
14.4

200.0
28.1
70.6
14.6

204.1
28.1
71.9
14.8

r207.7
r28.8
r73.3
15.1

Gross private domestic investment, total
Fixed investment
Nonr es i dent ial
Res i dent i a I structures
Change in business inventories

do..,
do. •,
do..,
do..,
do..,

116.4
104.9
81.2
23.7
11.4

122.2
103.7
82.8
20.9
18.5

110.4
103.3
81.9
21.4
7.1

105.1
104.6
81.5
23.1
.5

112.2
108.4
82.8
25.6

r 120.8
rill.6
r84.0
r27.6
r9.2

Net exports of goods and services
Exports
Imports

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

4.6
43.7
39.0

4.3
44.0
39 ,7

5.3
45.3
39.9

5.3
45.1
39.8

45.6
40.2

r3.0
r45.4
r42.4

Govt, purchases of goods and services, totaI....do..,
Federa I
do..,
Nationa I defense
do..,
State and local
do..,

157.7
79.5
63.0
78.1

161.7
81.5
65.6
80.2

170.4
87.1
70.2
83.3

175.0
89.5
72.5
85.4

178.2
90.9
73.3
87.4

rl8l.7
r92.2
r74.2
89.5

Nondurable
Clothing
Food and
Gasoline

goods, total
and shoes
beverages
and oil

Servi ces, tota I
House ho Id operat ion
Housing
Transportat ion

r/ Revised.
9292




3.8
5.4

MONTHLY BUSINESS STATISTICS —Continued

3
1967

1966

ITEM

III

III

IV

GENERAL BUSINESS INDICATORS—Con.
NATIONAL INCOME AND P R O D U C T — C o n .
SEASONALLY ADJUSTED QUARTERLY TOTAL AT ANNUAL R A T E S — C o n .
NATIONAL INCOME, TOTAL
bil. $
Compensation of employees, total
do..
1
Proprietors income, total
do..
Business and professional
do..
Farm
do..

622.1
441.2
59.2
43.3
15.9

634.1
450.2
58.6
43.4
15.1

636.4
459.1
57.8
43.2
14.6

641.6
463.4
57.8
43.4
14.3

653.4
472.6
58.8
43.8
15.0

Rental income of persons
do..
Corp.prof its and inventory valuation adj., total.do.•
Corporate profits before tax, total
do..
Corporate profits after tax
do..
Net i nterest
do..

19.4
81.9
84.0
49.4
20.4

19.6
84.6
83.9
49.3
21.1

19.8
78.1
79.0
46.5
21.6

20.0
78.3
78.9
46.5
22.1

20.
79,
80,
47,
22.

601.
79,
522,
487.
34.

612.9
80.2
532.7
493.9
38.8

619.1
79.1
540.0
504.0
36.0

631.0
82.8
548.2
509.6
38.5

Jan.

Oct.

Nov.

Dec.

PERSONAL INCOME, quarter Iy total
Less: Persona I tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays
Equals: Personal saving

do..
do. •
, ..do..
do..
do..

589.3
76.9
512.4
483.2
29.2
1966
Dec.

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. • •
Primary metaIs
do...
Fabricated metal products
do...
Mach i nery
do...

1967

159.5

158.2

r156.9

M59.5

M6I.8

161.7
167.7
137.6
168.7
190.3

160.1
165.5
132.6
166.7
190.3

r158.3
r160.7
rl3l.7
r158.2
179.6

160.9
r164.2
rl34.9
r159.7
r183.5

r163.7
r168.0
r140.4
r163.0
r182.1

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

169.1
184.6
138.1
112.8
175.2

162.6
186.2
137.2
113.7
172.1

r159.2
183.2
139.7
117.0
166.6

r165.6
185.4
r139.2
r 120.6
r167.8

177.4
186.5
r 143.5
121.8
171.3

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

154.1
141.7
152.2
lll.l
152.6
143.7

153.4
140.7
150.2
107.7
152.5
145.5

r155.2
r144.9
r 146.2
r109.7
r154.5
144.3

r156.8
r 147.4
149.0
113.4
rl56.1
r145.5

rl58.3
152.8

Chemicals and products
Petroleum products
Rubber and plastics products
Foods and beverages
Tobacco products

do...
do...
do...
do. •.
do...

201.0
129.0
200.7
132.1
119.3

200.3
128.7
195.1
132.0
118.5

r205.5
r137.6
r199. I
132.2
118.0

206.7
rl38.8
205.5
r 132.8
115.5

209.8
139.8

MINING
Coa I
Crude oi I and naturaI gas
Metal mining
UTILITIES
E Iectric
BY MARKET GROUPINGS:
Final products, total
Consumer goods
Automotive and home goods
Automot i ve products
Autos
Auto parts and allied products
Apparel and staples

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

123.8
127.6
119.4
136.1
179.4
185.6

123.2
120.7
119.7
140.3
180.6
187.2

r122.4
112.3
M26.I
93.8
187.6
r195.8

r 123.6
115.3
126.4
r93.2
r190.3
199.1

rl23. 1
116. 1
M24.6
94.9
M9I.5

do...,
do...,
do...,
do...,
do. • •,
do...,
do...,

159.6
149.8
165.8
162.6
167.3
156.4
144.7

158.1
148.0
159.3
147.0
141.3
154.4
144.4

rl56.9
r147.9
r157.7
145.2
135.3
158.2
r144.8

r160.0
r150.0
r163.2
r152.4
144.5
M62.9
145.8

M6I.7
r152.4
r169.0
r169.8
175.1
162.8

do.. •,
do. • •,
do...,
do...,
do.. •,

180.7
188.9
159.2
156.8
161.6

179.9
186.9
157.9
154.2
161.6

rl76.1
r176.9
r157.4
r149.0
r166.0

rl8l.5
r183.8
r159.4
r152.4
r166.7

M8I.7
183.2
rl62.0
r155.9
168.2

mil. $.,

6,940

4,940

4,932

4,295

5,896

thous..
do....
do....
do...,

62.3
60.2
61.1
58.9

61.7
59.1
60.4
57.7

137.0
135.4
134.6
133.1

r 120.2
MI8.4
MI8.6
rll6.8

r82.6
r79.6
r8l.6
r78.6

do....
do....

931
910

1,111
1,079

1,496
1,478

r1,590
r1,567

r 1,243
r1,228

Transportat i on equ i pment
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and fixtures
Nondurab le manufactures
Textile mill products
Appare I products
Leather and products
Paper and products
Printing and publishing

Equ i pment, i nc Iudi ng defense
Busi ness equ i pment
Mater ials
Durable goods materials
Nondur ab le mater ia I s
CONSTRUCTION AND REAL ESTATE
NEW CONSTRUCTION CONTRACTS:
Advance planning (ENR) ±/
NEW HOUSING UNITS STARTED:
Unadjusted:
Total, incl. farm (public and private)
PrivateIy owned
T o t a l nonfarm ( p u b l i c and p r i v a t e )
Pr i vate I y owned
Seasonally adjusted a t annual r a t e s :
T o t a l , i n c l . farm ( p r i v a t e only)
Total nonfarm ( p r i v a t e only)
r/ Revised.

2./ Preliminary.

Digitized for 9292
FRASER


J/ Data for Dec. 1966 and Nov. 1967 are for 5 weeks; other months, 4 weeks.

157.9
r144.3

133.2

MONTHLY BUSINESS STATISTICS —Continued

4

1966

ITEM

Dec.

1967
Jan.

1968

Oct.

Nov.

1,212
673

1,158
625

r1,323
702

1,111
635

Dec.

Jan.

CONSTRUCTION AND REAL E S T A T E ~ C o n .
NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING PERMITS
(12,000 permit-issuing places):
Seasonally adjusted at annual rates:

CONSTRUCTION COST INDEXES:
Engineering News-Record:
Bui Iding

1957-59-100..

761
476

942
549

124.9
136.5

r124.2
r136.6

r129.6
rl44. 1

r129.9
r144.2

r130.0
r144.4

*r131.4
*r145.7

70,332
47,192
173
44,282
12,674

67,493
45,602
71
43,464
12,678

71,383
48,873
120
47,390
12,410

73,418
50,869
76
48,931
12,392

75,330
r51,948
141
49,112
11,481

74 319
51,434
843
48,092
11,484

70,332
20,972
19,794
40,196

67,493
20,171
18,773
39,216

71,383
21,877
20,604
40,628

73,418
22,837
20,648
41,488

75,330
22,920
20,999
42,369

74,319
23 614
21,838
41,365

31.5

32.3

30.5

29.9

27.1

27.8

310.2
207.8
53.7
48.7
13,159
1.293

314.4
210.4
54.2
49.9
13,157
1.293

342.6
221.8
62.3
58.6
12,905
1.786

344.3
222.3
61.8
60.2
12,908
1.953

344.4
224.0
60.0
60.4
11,982
2.066

348.4
227.2
59.1
62.1
11,984
1 990

341
1,921
909
1,960
49,034
41,930
6,311
543
250

299
1,912
907
2,012
52,534
45,571
6, 158
577
228

374
2,102
757
2,607
r53,858
r43,175
r9,882
r6l8
rl83

378
2,070
781
2,748
51,641
41,386
9,469
609
177

10,435
126.5

10,632
128.9

11,171
135.4

11,299
141.5

11,953
144.9

1,029
1,402
4,202

826
886
3,465

845
1,067
3,292

903
1,058
2,961

912
1,086
3,406

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:

Liabi 1 ities, total

do....

Ratio of gold certificate reserves to FR note

liabilities
percent..

Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas, adj.:

GOLD MONETARY STOCK, U.S., end of month
SILVER, PRICE AT NEW YORK

mil. $..
dol. per fine oz..

LEATHER AND PRODUCTS
LEATHER PRODUCTION:

Goat and kid

thous. skins..

Shoes, sandals, and play shoes, exc. athletic, total.do....

METALS AND MANUFACTURES
STEEL (RAW):
PRODUCTION
thous. sh. tons..
1 ndex
dai ly average 1957-59-100..
Industrial trucks (electric), shipments:

Ind. trucks, tractors (combustion engines), shipments..do....

j r / Revised.
J . / Excludes interbank loans.
USCOMM-DC—9292

* Indexes f o r Feb. 1968; B u i l d i n g , 131.8; c o n s t r u c t i o n ,

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C. 20402
OFFICIAL BUSINESS

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