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February 27,1976
A WEEKLY

BUSINESS
STATISTICS

-6<°?%

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
INDEX, 1941-43=10

INDEX, 1941-43=10
135 _ PRICES OF 425 INDUSTRIAL STOCKS
125

(avg .

^d^close)

-

~ ^ \
\

115

-

105

-

-

95

-

-

85

-

75
!

«

I

I

1

1

1

1

1

1 1

1

,

1973

1

1

,

1

1

1974

l

l

I

I

I

1

1

1

1975

1

1 ..!..

I

I

I

!

J

1976

F M A M J J A S O N D

Data: Stand. & Poor's Corp.

Thousands

Thousands

350

l,4UU

M

°"thly

MOTOR VEHICLE PRODUCTION
1,200
1,000

(Passenger cars)

-

\ / \

800

A
/

600
400

~

-

200
n

„JL„ 1

1 1 1 I

—L™J

1 X_J—1—I™,

1973

1—[_ 1 1 1 i „ J L _ J — 1 —

1974

. 1

J

L_l . i

J

1

1

1

1

1

J

1976

1975

F M A M J J A S O N D

Data: Motor Vehicle Mfgrs. Assn. of the United States, Inc.

Billion $

B

1,400
PERSONAL INCOME
(seas, a d j . , a t a n n u a l rates)

1,300
Total
(left scale)

1,200

-

1,100
Wage and Sola ry
Disbursements
(right scale)

1,000
900

,

,,,,
1973

1 I 1 11 ! ! J I I 1 i i i i i 1 i i i i i M i l l

1974

1975

M i l l

1976

Data: U.S. Dept. of Commerce

$ 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




1973
U.S. Dept. of Labor

1974

1975

1976

WEEKLY

2

BUSINESS STATISTICS1976

1975
Feb. 22

mil. $
do . .

202.9
239.2
180.9
9,697
6,847

203.5
239.1
182.0
9,762
6,799

rm. 31
188.7
196.8
183.1
10,745
7,095

INITIAL UNEMPLOYMENT CLAIMS, State program
thous
INSURED UNEMPLOYMENT, all programs
do. .
State programs (50 States, D.C., and Puerto Rico)
do..
FAILURES, INDUST., AND COMMERCIAL (DunfiBradstreet)..number

609
5,659
5,039
244

567
5,885
5,218
221

77,079
90,314
36,04 5
72

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

451
4,818
3,782
244

452
4,765
3,747
218

397

77,298
90,633
35,1.18
158

83,652
101,098
35,075
172

83,480
102,555
35,113
455

84,030
98,683
33,842
123

99,995
59,697
3.75,806
23,419
126,897
60,209

98,992
59,474
377,968
24,4 27
126,083
5.9,751

103,739
72,458
375,657
40,460
117,173
59,749

103,110
73,640
376,960
40,692
117,222
59,667

102,518
74,418
376,207
40,596
116,862
59,672

9.35
79.92
89.04

9.29
81.44
90.86

9.28
98.53
110.36

9.26
101.91
114.31

9.25
100.77
113.10

9.23
99.85
112.02

12,585
thous . sh. tons . .
37,291
mil. kw.-hr..
101,023
number. .
8,500
thous . . bbl. .
2,675
thous. sh. tons ..
1967=100. .

12,185
35,585
90,841
8,458
2,710

11,685
39,256
167,950
8,242
2,320
77.7

11,495
40,031
165,291
8,062
2,286
76.6

12,400
38,235
169,831
8,062
2,341
78.4

178 049

I 4.6

14.2

15.0

14.4

1.4.8

Bond yields, domestic corporate (Moody's) 3/
percent..
Stock p r i c e s , 500 stocks "(Stand. $ Poor's) 4/... 1941-43=10..
Industrial, 425 stocks
do...'.

RATI, FREIGHT, REVENUE TON-MILES

Feb. 21

193.7
203.4
187.1
11,346
7,664

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
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. ./.

PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate _J/
Steel, raw
Rate of capability utilization 5_/.

Feb. 14

Feb. 7
190.3
200.0
183.8
10,748
7,506

1967=100
do. .
do..

bil. .

195.2
205.0
188.6

185
e84 403
101 017
34 618
584

2,404
80.5

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 5/ Daily average. £ / Wednesday data. 5/ Capability for a full order book
b~ased on current availability of raw materials, fuels, supplies, and industry facilities t e/ Estimated.

MONTHLY

BUSINESS STATISTICS
1974

1975

ITEM
III
GENERAL BUSINESS INDICATORS
NATIONAL INCOME:
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
NATIONAL INCOME, TOTAI
bil. $. . 1,151.3
Compensation of employees , total
do ... .
886.3
Proprietors' income, total 1/
do. . ..
82.1
Rental income of persons with capital
consumption adjustment
do, . . .
20-9
Corp. profits with inventory valuation and capital
consumption adjustments , total
do. . . .
89.
Profits before tax. total
do , , . . 146.
Profits tax liability
do. . . .
59.
Profits after tax
do. . . .
87.
Inventor}' valuation adjustment
do. . .
-54.7
Capital consumption adjustment
,,,.,.,.,,,,.do.,,.

II

TV

1,161.3
898.1

rj Revised.
31,313

p_/ Preliminary.




IV r/

1,155.2
897.1
79.6

1,180.8
905.4
78.6

1,232.5
928.2
88.0

955.1
87.0

20.8

20.5

20.9

22.0

78.9
97.1
37.5
59.6
-13.7
-4.5

96.6
108.2
41.6
66.6
-6.6
-5.0

113.1
129.5
50.7
78.8
-9.9
-6,5

-14.7
-6.6

83.6
20.9
82.0
123.9
49.2
74.7
-37.7
-4.2

1974
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, A T ANNUAL RATES:
Total personal income
bi 1. $..
Wage and salary disbursements, total
do..
Commodity-producing industries, total
do.,
Manufacturing
do. .
Distributive industries
do..
Service industries
do..
Government and government enterprises
do..
Other labor income
do..
Proprietors' income: 1_/
Farm
do. . .
Nonfarm
do...
Rental income of p e r s o n s with c a p i t a l consumption
do.
adj us.tment

III

1975

1976

Jan.

Oct.

1,200.4
782.0
273.7
210.8
189.8
151.3
167.2
58.1

,202.6
782.1
271.7
207.8
.189.9
152,4
1.68.1
58.6

1,287
824
281
218
200
1.63
179.0
63.2

,295
831
283
219
202
165
180
63.8

rl,300.2
r836.8
r286.9
r223.3
r202.9
rl65.7
181.2
64.4

,313.8
846.6
290.6
226.1
206.4
167.7
182.0
65.1

25.5
58.8

24.0
58.8

30.5
58.9

28.3
58.8

25.8
r58.9

25.3
59.3

20.9

20.9

22.0

22.2

22.5

1/ Including inventory valuation and capital :. o n s 1 i.m p t .1. o n a d j u s t m e n t s .

Dec.

Jan. p /

MONTHLY BUSINESS STATISTICS —Continued
1974

3

1975

ITEM
Dec.

Jan.

Dec.

GENERAL BUSINESS INDICATORS--Con.
PERSONAL INCOME, BY SOURCE--Con.
SEASONALLY ADJUSTED, AT ANNUAL RATES--Con.
Dividends
Personal interest income
Transfer payments
Less personal contributions for social insurance
COMMODITY PRICES
CONSUMER PRICE INDEXES:
Unadjusted indexes:
All items
Special group indexes:
Al 1 items less food
All items less medical care
Commodities
Nondurables
Nondurables less food
Durables
Services
Services less rent
Food
Meats, poultry, and fish
Dairy products
Fruits and vegetables
Housing
Shelter
Rent
Homeownership
Fuel and utilities
Fuel oi 1 and coal
Gas and electricity
Household furnishings and operation
Apparel and upkeep
Transportation
Private
New cars
Us ed cars
Public
Health and recreation
Medical care
Personal care
Reading and recreation
PURCHASING POWER OF THE DOLLAR AS MEASURED BY-Consumer prices

31.0
116.0
156.3
48.1

32.1
115.9
159.0
48.9

33.8
125.1
180.6
50.7

33.8
127.9
181.4
51.2

31.7
rl29.0
rl82.9
51.6

155.4

156.1

164.6

165.6

166.3

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

151.3
155.3
153.0
158.3
147.7
138.8
160.1
164.8
169.7
163.5
155.3
161.3
159.9
163.1
133.7
174.0

151.9
156.0

153.4
158.7
147.2
139.3
161. 3
166, 2
170, 9
163, 5
155, 2
163, 5
161, 3
164, 4
134, 5
175, 6

160.4
164.1
161.7
166.4
154.6
148.9
170.1
175.7
179.0
192.9
159.4
165.5
169.8
172.5
139.3
184.8

161
165
162
167
155
149
172.0
177.7
179.8
191.4
162.8
168.7
171.3
174.1
139.9
186.8

162.1
165.8
162.7
167.6
155.4
149.3
173.1
179.0
180 7
189 2
165 5
172 1
172 2
175 0
140 6
187.8

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

158.4
228.8
156.7
152.3
141.9
143.5
142.5
124.9
138.4
152.0
147.5
159.0
145.3
139.8

160.5
228.9
160.2
153.2
139.4
143.2
142.2
123.4
134.9
152.2
148.9
161.0
146.5
141.0

172.0
243.3
174.2
160.9
144.6
156.1
154.8
129.9
156.5
168.8
156 3
173 5
152 9
146.6

174.4
246.5
176.8
161.6
145.5
157.4
156.1
131.3
153.7
168.9
156.5
173.3
153.6
147.0

176.1
248.7
179.0
162.0
145.2
157.6
156.2
134.0
149.6
170.1
157.5
174.7
154.6
147.5

1967=$1.00.

$0,643

$0,641

D.608

$0,604

D.601

thous
do. .
do. .

55 .4
55 1
41 0

56.9
56.1
39.8

125.0
123.6
93.8

r97.2
r96.9
r71.6

r77.5
r76.6
r55.9

rl,005
r748

rl,431
rl,093

rl,381
rl,048

rl,291
r966

bil. $,
do,. ,
do.. ,
do..,

1967=100,

CONSTRUCTION AND REAL ESTATE
NEW HOUSING UNITS STARTED:
Unadjusted:
Total (private and public)
Privately owned
One-family structures
Seasonally adjusted at annual rates:
Total privately owned
One-family structures
NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING
PERMITS (14,000 permit-issuing places):
Seasonally adjusted at annual rates:
Total
One-family structures
Manufacturers' shipments of mobile homes:
Unad j us ted
Seasonally adjusted at annual rates

do. .
do. .

do. .
do. .

837
514

689
508

,079
769

1,085
787

rl,028
r766

do. .
do. .

11.8
195

11.7
185

21.2
229

16.8
232

14.0
228

165.4
106.4

166.3
106.3

176.7
107.5

rl78.2
rl07.6

rpl78.5
rpl07.3

LABOR FORCE, EMPLOYMENT, AND EARNINGS
Indexes of average hourly earnings, seasonally adjusted:
Private nonfarm economy (prod, or nonsupervisory workers):
Current dollars
1967=100
1967 dollars
do. .
Gross avg. weekly earnings(prod, workers on payrolls):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted
Spendable average weekly earnings (married worker
with three dependents):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted

158.99
102.26

159.64
102.02

167.61
101.93

rl69.88
rl02.60

rpl70.35
rpl02.39

137.87
88.67

138.38
88.43

151.02
91.84

rl52.76
r92.26

rpl53.12
rp92.03

FINANCE
Commercial bank credit (last Wednesday of month,
except for June 30 and Dec. 31 call dates),
seas, adj.:
Total loans and investments' \j
Loans 1/
U.S. Government securities
Other securities

r681.1
498.2
r48.8
140.1

r690.0
r501.3
r48.7
rl40.0

715.0
494.1
75.1
145.8

721.3
498.0
76.3
147.0

r/ Revised.
31,313

p/ Preliminary.




1/

.bil. $
do. .
do..
do. .

Excludes interbank loans.

r717.2
r494.7
r77.9
rl44.6

MONTHLY BUSINESS STATISTICS—Continued

4

1976

ITEM
Dec.

Jan.

FINANCE--Con.
MONEY AND INTEREST RATES:
Home mortgage rates (conventional 1st mortgages) : 1/
New home purchase (U.S. average)
.percent,
Existing home purchase (U.S. average)
...........do...

9.37
9.60

9.33
9.53

9.01
9.17

9.01
9.30

9.01
r9.28

p9.01
p9.29

59.30
45.15
164.30
138.20
2,025.2

67.75
55.75
123.35
103.55
1,969.6

89.55
77.95
159.45
130.50
1,191.1

r80.85
r73.15
rl34.55
rl05.95
rl,137.4

87.05
71.05
161.95
130.95
1,062.4

p71.15
p64.00
pll7.05
pl01.05
pi,016.5

18.15
12.85
56.85
49.45
521.2

15.55
8.90
52.80
44.75
484.0

30.20
26.85
47.55
42.75
258.2

r21.20
rl8.80
r40.85
r34.25
r238.6

28.25
23.60
48.15
39.75
218.6

p33.10
p29.65
p39.40
p33.35
p212.3

508
430
79
6.9
5.8
1.1

578
463
115
r8.1
6.6
1.5

774
115
r9.2
7.7
rl.5

744
655
89
r8.7
7.5
1.2

701
600
102
9.4
8.0
1.4

679
588
91
9.6
8.4
1.2

672
755
3.6

1,654
1,610
2.9

1,484
1,631
2.5

443
541
2.4

419
502
2.3

1,520
1,476
2.1

METALS AND MANUFACTURES
MACHINE TOOLS:
Metal cutting type tools:
Orders, new (net), total
.mil. $
Domestic............................................ do..,
Shipments, total...................................... do..,
Domestic
do..,
Order backlog, end of month
...... do..
Metal forming type tools:
Orders, new (net), total
do. .
Domestic
do..
Shipments, total
do..
Domestic.
.do. .
Order backlog, end of month
do. .
TRANSPORTATION EQUIPMENT
Retail sales, new passenger cars:
Total\ not seasonally adjusted
.thous
Domestics
.do..
Imports.
do. .
Total, seasonally adjusted at annual rate.
.mil
Domestics
do. .
Imports
do. .
Retail inventories, new cars (domestics), end of month:
Not seasonally adjusted.
.thous
Seasonally adjusted
do..
Inventory-sales ratio, new cars (domestics)
ratio
r / Revised. p_/ P r e l i m i n a r y .
USC0MM--DC--31,313

1/ Beginning January 1973, data r e f l e c t changes i n sampling and w e i g h t i n g

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
W A S H I N G T O N , D.C.
20402
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