The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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 OFFICIAL BUSINESS First-Class Mail 7 ^e-i9i6 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS POSTAGE AND FEES PAID U.S. DEPARTMENT OF COMMERCE COM-209