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WEEKLY
BUSINESS
STATISTICS

February 27, 1981

Annual Subscription: domestic, $22.00; foreign,
$27.50 (no single copies sold). Order from
Superintendent of Documents, U.S. Government
Printing Office, Washington, D.C. 20402.

U.S. DEPARTMENT OF COMMERCE/BUREAU OF E C O N O M I C ANALYSIS
INDEX, 1941-43=10

INDEX, 1941-43=10
160
PRICES OF 400 INDUSTRIAL STOCKS
150

1180

/V

Monthly
(avg. of daily close)

Weekly
(Wednesday close)

—

140

h
e
v

130
120

100
90

/\

1981

4 i\i

a'V *

:A

110

1 1 1 1 I

I

1 1 1 1 1 1

1978

I I

I

I 1 I

1979

1 I

1 1

M

1 1 1 1 I 1 1 1 l

1980

/

1980

I ill
J F M A M J J

1981

160
150
140
130
120

J L

1 1 1 1 1 1 1 1 1 1 1

170

III I
A S O N D

110

Data. S t a n d & P o o r ' s Corp.

MILLIONS OF SHORT TONS
5

MILLIONS OF SHORT TONS
RAW STEEL PRODUCTION

Monthly

(Ingots and all other forms)
—

1 1 l 1 1 1 1 1 i 1 1

1 1 1 1 1 1 1 1 1 1 1

1979

1978

1 l 1 l l 1 l l 1 l 1

I l i 1 i 1 l l I i i

1981

1980

J F M A M J

J

A S O N D

Data: A m e r . Iron & Steel Inst.

BILLIONS OF DOLLARS
2,200

BILLIONS OF DOLLARS
2,800
PERSONAL INCOME

1967=100
325
PRODUCER PRICES

2,000

(seas, adj., at annual rate)
All Commodities

1,800
Industrial Commodities

1,600
1,400
1,200

Wage and Salary
Disbursements
I (right scale)

1978
Data: U . S . D e p t . of L a b o r

1979

1980

1981

1978

1979

Data: U . S . D e p t . of C o m m e r c e

WEEKLY BUSINESS STATISTICS updates selected data that are published monthly
in the SURVEY OF CURRENT BUSINESS.




I I I I I I

1980

i 11 1 1 1 1 1 11 i I 1 , 0 0 0

1981

WEEKLY BUSINESS STATISTICS1

2

1980

ITEM
Feb. 16
SPOT MARKET PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials

1981
Feb. 23

Jan. 31

Feb. 7

Feb. 14

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

296.0
262.6
321.3

295.0
254.2
326.9

276.2
285.8

273.7
258.0
285.0

271.6
258.0
281.2

thous..

418

414

490

501

440

INSURED UNEMPLOYMENT, all programs
do
State programs (50 States, D.C., and Puerto Rico)
do....
FAILURES, INDUST. AND COMMERCIAL (Dun § Bradstreet)...number..

3,697
3,500
223

3,818
3,598
142

4,371
3,718
221

4,181
3,583
372

321
131,721
139,545
39,096
170

INITIAL UNEMPLOYMENT CLAIMS, State programs

262.6

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: £/
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....

121,714
134,465
42,319
-52

121,962
137,473
43,992
542

131,370
140,192
41,051
400

130,957
139,632
40,449
228

106,313
73,242
507,372
35,501
160,293
101,895

105,306
73,112
510,679
35,542
160,867
102,216

100,185
74,382
543,287
39,777
171,414
112,866

100,528
75,636
546,125
41,122
171,892
113,157

Bond yields, domestic corporate (Moody's) 3/
percent.
Stock prices, 500 stocks (Stand. $ Poor's) 4/...1941-43=10.
Industrial, 400 stocks
do...

12.74
118.44
134.47

13.18
116.47
132.44

13.93
130.34
148.02

14.05
128.59
145.68

14.23
128,24
145.44

PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/

thous. sh. tons.
m i l . kw.-hr.
number.
thous. bbl.

15,185
46,274
134,933
8,696

15,675
44,076
157,439
8,696

17,135
45,556
116,058
e8,508

16,105
48,526
119,326
e8,508

16,520
47,616
95,636
e8,510

Steel, raw
Rate of capability utilization 5/

thous. sh. tons.
percent.

2,469
84.5

2,432
83.2

2,433
81.3

2,386
79.7

2,400
80.2

hi 1.

17.5

18.4

18.3

17.7

17.2

RAIL FREIGHT. REVENUE TON-MILES

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data. 5/ Capability for a full order book
based on current availability of raw materials, fuels, supplies, and industry facilities. e_/ Estimated.

MONTHLY

BUSINESS

STATISTICS
1980

1979

ITEM
III

IV

II

III

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
GROSS NATIONAL PRODUCT, CURRENT DOLLARS, TOTAL...bil. $
Personal consumption expenditures, total
do..
Durable goods, total
do..
Motor vehicles and parts
do..
Furniture and household equipment
do..

2,441.1
1,529.1
213.3
94.7
82.4

2,496.3
1,582.3
216.1
95.4
83.8

2,571.7
1,631.0
220.9
100.6
83.6

2,564.8

1,626.8

2,637.3
1,682.2

194.4
77.5
81.3

208.8
87.0
84.6
674.2
105.3
347.7
85.3

Nondurable goods, total
Clothing and shoes
Food
Gasoline and oil

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

611.5
100.3
314.3
72.1

639.2
102.5
329.0
77.6

661.1
102.2
336.2
89.4

664.0
102.3
338.4
90.9

Services, total
Household operation
Housing
Transportation

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

704.3
99.5
244.9
58.2

727.0
102.7
253.0
59.9

749.0
104.2
259.8
61.4

768.4
109.3
267.3
61.6

799.2
116.1
275.7
65.8

Gross private domestic investment, total
Fixed investment
Nonresidential
Residential
Change in business inventories

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

421.7
408.3
288.5
119.8
13.3

410.0
410.8
290.2
120.6

415.6
413.1
297.8
115.2
2.5

390.9
383.5
289.8
93.6
7.4

377.1
393.2
294.0
99.2

Net exports of goods and services
Exports
Imports

do..
do..
do..

17.9
293.1
275.2

7.6
306.3
298.7

8.2
337.3
329.1

17.1
333.3
316.2

44.5
342.4
297.9

Gov't purchase of goods and services, total
Federal
National defense
State and local

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

475.4
165.1

496.4
178.1
118.7
318.3

516.8
190.0
125.0
326.8

530.0
198.7
128.7
331.3

533.5
194.9
131.4
338.6

r/ Revised.




112.0
310.4

-16.0

MONTHLY BUSINESS STATISTICS — Continued 3
1980

1979

TTEM
III

III

II

GENERAL BUSINESS INDICATORS--Con.
NATIONAL INCOME AND P R O D U C T — C o n .
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL R A T E S — C o n .
GROSS NATIONAL PRODUCT, 1972 DOLLARS, TOTAL
bil. $.
Personal consumption expenditures, total
do...
Durable goods, tota 1
do...
Nondurable goods, total
do...
Services, total
do...

1,488.2
933.4
146.7
355.4
431.3

1,490.6
941.6
146.0
361.3
434.3

1,501.9
943.4
145.4
361.5
436.5

1,463.3
919.3

126.2
356.6
436.5

1,471.9
930.8
132.6
354.9
443.3

Gross private domestic investment, total
Fixed investment
Nonresidential
Residential
Change in business inventories

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

232.6
225.0
166.4
58.6
7.6

221.5
222.2
164.1
58.1
-.7

218.3
219.2
165.0
54.2

200.5
199.2
156.1
43.1
1.3

Net exports of goods and services
Exports
Imports

do.
do.
do.

41.1
151.3
110.2

42.2
154.8
112.6

50.1
165.9
115.8

51.7
160.5
108.9

57.6
160.5
102.8

Gov't purchases of goods and services, total
Federal
State and local

do.
do.
do.

281.1
99.9
181.2

285.3
103.1
182.2

290.1
107.6
182.5

291.9
110.7
181.3

288.2
106.9
181.3

NATIONAL INCOME, TOTAL
do.
Compensation of employees, total
do.
Proprietors' income, total \J
do.
Farm
do.
Nonfarm
do.
Rental income of persons with capital consumption
adjustment
do.

1,986.2
1.476.7
132.9
30.2
102.7

2,031.2
1,518.1
136.3
29.5
106.8

2,088.5
1.558.0
133.7
25.7
107.9

2,070.0
1.569.0
124.9
23.3
101.6

,122.4
,597.4
129.7
22.1
107.6

30.3

31.0

31.2

31.5

32.0

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

262.0
88.4
173.6
-46.5
-16.1
146.8

255.4
87.2
168.2
-50.8
-15.1
156.5

277.1
94.2
182.9
-61.4
-15.4
165.4

217.9
71.5
146.5
-31.1
-17.6
175.3

237.6
78.5
159.1
-41.7
-17.9
185.3

do.
do.
do.
do.
do.

1,972.2
308.4
1.663.8
1,574.5
89.3

2,031.9
321.8
1,710.1
1,629.4
80.7

2,088.2
323.1
1.765.1
1,678.7
86.4

2,114.5
330.3
1.784.1
1,674.1

2,182.1

Jan.

Oct.

2,051.8
1,293.1
455.0
342.8
316.9
277.2
244.1
127.5

2,077.2
1,306.1
459.3
345.4
321.2
279.6
246.0
129.1

2,234.2
1,381.7
475.8
358.8
338.6
305.6
261.7
141.9

2,257.1
1,400.4
485.2
366.2
341.4
310.5
263.3
143.5

r2,276.8
rl,410.9
r491.2
r370.1
341.8
313.0
r264.8
145.0

29.6
107.6

27.6
109.5

22.1
111.5

22.4
111.5

r23.2
rll2.2

31.2
50.9
229.5
265.1
82.9
2,000.7

31.4
51.6
235.2
272.7
86.1
2,027.4

r32.3
55.5
r265.6
313.8
90.4
r2,186.8

32.4
55.9
269.1
313.2
91.4
2,209.4

r32.5
56.7
r273.5
r314.6
r91.9
r2,228.2

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

1.725.1
1.647.2
1,599.9
219.4
650.1
730.4
77.9

1,756.9
1,676.7
1,629.3
232.0
657.0
740.4

80.2

rl,880.1
rl,777.3
rl,729.6
r222.3
r690.5
r816.7
rl02.8

1.897.2
1.800.3
1.752.4
223.4
706.8
822.3
96.9

rl,912.8
rl,814.1
rl,765.7
r224.4
r709.3
r832.0
98.7

Disposable personal income in 1972 dollars
do...
Personal consumption expenditures in 1972 dollars....do...
Durable goods
do...
Nondurable goods
do..,
Services
do...
Implicit price deflator for personal consumption
expenditures
index, 1972=100.

1,018.9
944.9
147.2
364.3
433.4

1,028.9
954.2
153.7
364.4
436.1

r1,023.5
r941.5
rl39.1
356.0
r446.5

1,026.1
947.8
139.0
362.4
446.3

1,027.8
948.8
139.4
361.3
448.1

169.3

170.8

183.7

184.9

186.1

Corp. profits, total \J
Profits before tax, total
Profits after tax, total
Inventory valuation adjustment
Capital consumption adjustment
Net interest
PERSONAL INCOME, QUARTERLY TOTAL
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays
Equals: Personal saving

1979
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, AT ANNUAL RATES:
Total personal income
....bil. $,
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 persons with capital consumption
adjustment
do..,
Dividends
do..,
Personal interest income
do..,
Transfer payments
do..,
Less: Personal contrib. for social insurance....do..,
Total nonfarm income
do..,
DISPOSITION OF PERSONAL INCOME
Disposable personal income
Personal outlays
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Personal saving

r/ Revised.

Dec.

1/ With inventory valuation and capital consumption adjustment.




110.0

195.3
200.2

155.5
44.7
-5.0

341.5
1,840.6
1,729.2
111.4

1980
Nov. r/

Dec.

MONTHLY BUSINESS STATISTICS— Continued 3
1979

ITEM

Dec.

1980
Jan.

Oct.

1981
Nov.

Dec.

Jan.

CONSTRUCTION AND REAL ESTATE
NliW HOUSING UN L I S STARTED:
Unadi ustod:
91.8
91.6
57.8

73.4
73.1
49.3

153.0
152.7
97.5

rl13.5
rll2.9
r71.2

do
do....

r 1,563
r 1,056

r1,389
r965

rl,519
r1,009

rl,550
r1,019

rl,532
r971

1,585
941

do....
.do

1,247
776

1,271
780

1,333
819

1,355
812

r1,235
r743

1,231
703

r 14.7
r251

rl8. 3
r261

23.6
r236

17.8
r239

16.0
261

....
....

5,372

4,116

9,336

r6,574

6,693

....

do
do
do

Privately owned
One - f am i . v structures
1
S e a s o n a l l y adjusted at annual rates:
T o t a l privately owned
O n e - f a m i l y structures
NEW PRIVATE HOUSING UNITS A U T H O R I Z E D BY BUILDING
PERMITS (16,000 p e r m i t - i s s u i n g places):
Seasonally adjusted at annual rates:
Total
O n e - f a m i l y structures
M A N U F A C T U R E R S ' S H I P M E N T S OF MOBILE HOMES:

1,170
3,187
1,015

981
2,316
819

1,886
5,552
1,898

r1,391
r3,821
r 1,36 2

1,418
3,641
1,634

do
do

13.31
12.80
11.68

13.15
12.66
11.79

12.69
12.32
11.15

15.34
14.73
13.07

17.96
16.49
14.78

1/16.62
15.10
14.09

12.071

12.036

11.580

13.888

15.661

14.724

do
do

do

r96. 2
r95.7
r56.5

New m o r t g a g e loans of all savings and loan associations,

By purpose of loan:
Home p u r c h a s e
All other p u r p o s e s

81 .5
80.9
46.4

....

....
....

FINANCE

Money and interest rates:
Open market r a t e s , New \ork C i t y :

Financc c o . paper placed d i r e c t l y , 6-month
Yield on U . S . G o v t , securities (taxable):

r/ R e v i s e d .

\J

Beginning J a n . 1981, data are for top-rated o n l y .

-fa U.S., GOVKRNMLiNT PRINTING OrFICC:

Prior data covered a range of top-rated and r e g i o n a l dealer c l o s i n g s .

.1981--340-999/26

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C.

20402

OFFICIAL BUSINESS

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WEEKLY BUSINESS STATISTICS




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