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January 14, 1977
A WEEKLY
SUPPLEMENT
TO THE

BUSINESS
STATISTICS

^<°?%,

^ r £ S o* +

SURVEY OF CURRENT BUSINESS*

US. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
Billion
450
TOTAL LOANS A N D INVESTMENTS

425

( W e e k l y R e p o r t i n g M e m b e r Banks o f Federal Reserve System)

1973

1974

1975

J

1976

FMAMJJASOND

Federal Reserve Board

Short tons
20,000 I
R A W STEEL PRODUCTION

Monthly

(ingots and ail other forms)

Short tons
5,000

Weekly

16,000

4,000

12,000

3,000

8,000

2,000

1976

4,000

J

I

L__J i

i

j

I • i

i

i

i

i

I

i

i

i

i

i

-I—I

1974

1973

L_J

I

L_J

L_l

I

I

I

I

' -J i .t i I t i i i i I 1,000
J F M A M J J A S O N D

'''''

1975

1976

Data: Amer. Iron & Steel Inst.

Billion $

Billion $
60

1/.0
CONSUMER INSTALLMENT
CREDIT EXTENDED AND
REPAID (seasonally adjusted)

SALES OF RETAIL STORES
16.0 -

(seasonally adjusted)
Total

50

15.0 ~
40

/\A

Extended

^/
30 h

X

Nondurable

V ~

20

I I i I I i i I l

1973
Data: U.S. Dept. of Commerce

1974

1975

j^f

13.0
12.0

Goods

• I • • ' ' i

1976

110

/

JrCfV Repaid

" v VI
y

/

i i i i i I i i i i i

1.1 1 1 1 1 1 M i1i 1I l i 1 I i i I I

1973
Data: Federal Reserve Board

•& 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




-

-J

14.0
s

A

j

1974

1975

1976

WEEKLY BUSINESS STATISTICS1

2

1976

ITEM
Jan. 3
WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

188.3
200.3
180.3

190.3
199.6
183.4

199.6
196.8
201.5

200.8
196.3
203.8

201.9
196.7
205.4

mil. $.
do. ..

10,670
7,629

10,499
7,379

15,808
11,327

15,938
11,583

12,156
8,414

541
,206
,112
107

708
5,041
3,964
233

435
3,686
2,915
164

466
3,817
3,047
103

556

86,569
103,807
35,611
414

86,011
102,215
35,551
324

93,650
104,772
35,494
513

93,953
108,600
35,190
104

94,282
112,778
35,441
447

e93,954
111,752
36,107
629

113,646
69,049
387,582
40,434
120,984
59,744

108,628
69,979
384,465
40,627
119,538
59,876

113,738
88,378
403,298
49,777
116,425
63,505

114,416
88,624
401,721
49,458
116,394
63,522

9.40
90.19
100.88

9.37
93.95
105.08

8.47
105.14
116.75

8.44
104.71
116.39

8.40
106.34
118.27

8.37
104.76
116.31

INITIAL UNEMPLOYMENT CLAIMS, State programs
thous.
INSURED UNEMPLOYMENT, all programs
. . , ,do, . .
State programs (50 States, D.C., and Puerto Rico)
do...
FAILURES, INDUS. AND COMMERCIAL (Dun £ Bradstreet)
number.
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.. .
Bond yields, domestic corporate (Moody's) 3/
percent.
Stock prices, 500 stocks (Stand. $ Poor's) 4/...1941-43=10.
Industrial, 400 stocks
do.. .
PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Rate of capability utilization 5/

Dec. 18

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

203.2
198.4
206.5

137

thous. sh. tons .
mil. kw.-hr.
number.
thous. bbl.

9,450

10,570

13,935

10,500

9,690

35,969
0
8,242

41,376
153,822
8,242

41,885
212,285
8,070

40,978
156,911
8,070

40,379
8,278
8,070

108,289

thous. sh. tons.
percent.

1,912
64.0

2,152
72.1

2,144
69.9

2,000
65.2

2,051
66.8

2,121
69.1

bil.

10.7

13.6

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, ej Estimated.

MONTHLY

BUSINESS STATISTICS
1975

1976

ITEM
Oct.

Nov.

Aug.

Sept.

Oct.

Nov.

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS IN 50 STATES, (F.W. DODGE):
TOTAL VALUATION
mil. $.
Index (seasonally adjusted)
1967=100.
Building, total
mil. $.
By type of building:
Nonresidential
do.. .
Residential
do. ..
Non-building construction
do. . .
CONSTRUCTION COST INDEXES:
Engineering News-Record:
Building
1967=100.
Construction
do. ..
REAL ESTATE:
New mortgage loans of all savings and loan associations,
estimated total
mil. $.
By purpose of loan:
Home construction
do.. .
Home purchase
do. ..
All other purposes
do. . .

7,767
166
5,818

5,573
148
4,263

8,505
rl86
6,636

8,112
rl82
6,634

0 063
237
6 793

7,691
186
6,207

2,629
3,189
1,949

1,859
2,404
1,309

2,536
4,099
1,869

2,875
3,758
1,478

2 728
4 ,064
3 271

2,491
3,716
1,484

200.5
213.0

199.8
212.9

215.4
227.6

217.4
229.8

218.4
230.7

*218.9
*231.5

5,694

4,370

7,755

7,260

r6,815

p6,534

1,052
3,400
1,242

822
2,584
964

1,321
5,052
1,382

1,325
4,578
1,357

1,333
r4,187

1,304
3,967

rl,295

1,263

1976

1975
Dec.
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED) , TOTAL 1/
Durable goods stores
Automotive dealers
Furniture, home furn., and equip, stores
Building materials and hardware dealers
r/ Revised, p/ Preliminary,
are advance estimates.
84,134




mil. $ ..
do... .
do.. ..
do....
do.. ..

50,526
15,248
8,422
2,389
2,090

60,681
16,855
8,412
2,925
2,073

Dec.

Sept.

53,158
17,602
9,983
2,367
2,540

r55,962
rl8,259
rl0,561
r2,447
r2,508

r56,267
rl7,889
rl0,229
r2,592
2,473

Construction Cost Indexes as of Dec. 1, 1976: building, 219.7; construction, 231.8.

67 813
19 ,167
9 ,850
3 084

1/ Data for Dec. 1976

MONTHLY

BUSINESS STATISTICS — C o n t i n u e d

3

1975

1976

ITEM
Nov.
DOMESTIC TRADE--Con.
RETAIL TRADE, ALL RETAIL STORES--Con.
ESTIMATED SALES (UNADJUSTED)--Con. 1/
Nondurable goods stores
Apparel and accessory stores
Drug and proprietary stores
Eating and drinking places
Food stores
Gasoline service stations
General merchandise group with nonstores

mil. $,
do.. .
do. . .
do. . .
do.. .
do.. .
do. . .

Oct.

35,278
409
470
050
008
649
432

43,826
3,894
2,114
4,110

Nov.

11,778
3,817
14,005

35,556
2,327
551
455
11,636
3,989
8,315

r37,703
r2,477
rl,625
3:4,530
rl2,153
r4,116
r9,067

r38,378
r2,559
rl,646
r4,221
rll,580
r4,037
rl0,486

ESTIMATED SALES (SEAS. ADJ. ) , TOTAL 1/
Durable goods stores
Automotive dealers
Furniture, home furn., and equip, stores
Building materials and hardware dealers

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

50,552
15,904
8,945
2,335
2,162

51,734
16,690
9,666
2,347
2,186

54,100
17,481
10,125
2,361
2,365

r54,634
rl7,559
rl0,098
r2,439
r2,319

r55,657
rl8,202
rl0,513
r2,509
2,480

Nondurable goods stores
Apparel and accessory stores
Drug and proprietary stores
Eating and drinking places
Food stores
Gasoline service stations
General merchandise group with nonstores

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

34,648
289
556
163
11,250
3,716

35,044
337
569
219
247
853
8,459

36,619
2,395
1,634
4,407
11,774
3,985
8,611

r37,075
r2,446
rl,667
r4,356
rll,909
r4,067
r8,939

r37,455
r2,403
rl,720
r4,392
rll,987
r4,090
r8,997

do.. .
do.. .

78,428
75,129

73,041
74,676

81,141
81,848

83,875
81,658

do...
do...

16,606
15,826

21,871
15,978

16,079
16,636

rl7,251
rl6,971

Oct.

Nov.

Aug.

Sept.

ESTIMATED RETAIL INVENTORIES, END OF MONTH:
Unadjusted, total
Adjusted, total
RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated sales (unadjusted), total
Estimated sales (seasonally adjusted), total

18,239
17,179
1976

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..
Money and interest rates:
Bank rates on short-term business loans:
In 35 centers
percent per annum
New York City
do..
7 other northeast centers
do. .
8 north central centers
do. .
7 southeast centers
do. .
8 southwest centers
do..
4 west coast centers
do..
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM):
Installment credit, extended and repaid:
Unadjusted:
Extended, total
mi 1. $
Repaid, total
do. .
Seasonally adjusted:
Extended, total
do..
Repaid, total
do. .
Installment credit, total, outstanding
do. .

35,868
18,570
4,467
12,841

36,290
18,741
4,872
12,677

16,664
14,178

15,569
13,811

15,239
14,227

14,579
13,255
159,216

15,685
14,282
171,160

15,775
14,294
172,918

16,055
14,491
173,930

34,609
27,490
6,166
691
262

36,564
28,710
6,712
922
220

r36,854
r28,718
r6,787
r999
r350

34,679
26,331
7,185
923
240

r31,301
16,380
4,041
10,880

35,566
18,390
4,360
12,816

8.29
7.99
8.53
8.15
8.70
8.37
8.67

.80
.48
.18
.70
.95
.75
.15

14,518
13,782

13,609
12,579

14,609
13,429
158,185

42,435
33,107
8,275
723
330

31,354
16,247
4,087
11,020

Oct.

LEATHER AND PRODUCTS
SHOES AND SLIPPERS, PRODUCTION, TOTAL
thous. pairs
Shoes, sandals, and play shoes, exc. athletic, total..do..
Slippers for housewear
do..
Athletic
do..
Other footwear
do..
TRANSPORTATION AND COMMUNICATION
Air Carriers (Scheduled Service)
Certificated route carriers--Quarterly data:
Operating revenues
Passenger revenues
Cargo revenues
Mail revenues
Operating expenses
Net income after taxes
Domestic operations:
Operating revenues
Operating expens es
Net income after taxes
International operations:
Operating revenues
Operating expenses
Net income after taxes
r/ Revised,
84,134

p/ Preliminary.




1/

mil. $
do. .
do..
do. .
do..
do..

*4,174
*3,389
*344
*72
*3,950
*118

p4,815
p3,957
p384
p74
p4,364
p272

do. .
do..
do. .

*3,203
*3,075
*42

p3,739
p3,439
pl85

do..
do. .
do. .

*971
*875
*75

pi,076
p924
p87

Data for Dec. 1976 are advanced estimates.

For 3d quarter 1975.

MONTHLY BUSINESS STATISTICS—Continued
1976
ITEM
Sept.

Oct.

Dec.

METALS AND MANUFACTURES
Industrial supplies, machinery and equipment:
New orders index, seasonally adjusted
.1967-69=100..
Industrial suppliers distribution:
Sales index, seasonally adjusted
......1967=100..
Price index, not seasonally adjusted (tools, material handling equipment, valves, fittings, abrasives, fasteners,
metal products, etc.)............................1967=100..

145.1

148.2

169.2

171.2

171.9

166.1

159.3

190.2

186.6

186.8

172.0

172.9

180.4

181.5

182.9

744
655
89
8.8
7.6
1.2

701
600
102
9.4
8.0
1.4

792
645
147
9.9
8.2
1.7

869
731
138
9.4
7.6
1.9

841
721
120
9.4
7.9
1.5

p807
695
pll2
pl0.9
9.3
pi.5

1,443
1,530

1,419
1,508

1,415
1,509

1,364
1,468

2.4

2.3

2.2

2.3

1,423
1,510
2.3

1,465
1,554
2.0

74.21
64.90
179.64
66.41

59.49
43.95
215.93
61.93

53.64
47.15
73.10
67.10

59.95
49.53
157.63
54.35

69.38
56.88
208.02
75.51

13.72

14.98

14.67

TRANSPORTATION EQUIPMENT
Passenger cars (new):
Retail sales, total, not seasonally adj ...
.....thous..
Domestics
.do. . . .
Imports
do... .
Total, seas, adjusted at annual rate............
.mil,.
Domestics ..........................................do....
Imports
do... .
Retail inventories, end of mo., domestics:
Not seasonally adjusted.............................thous..
Seasonally adjusted..................................do....
Inventory-retail sales ratio, domestics......................
Exports (BuCensus), assembled cars ....................thous..
To Canada.
do....
Imports (BuCensus), complete units
.............do....
From Canada, total................................... do... .
Trucks and buses (new):
Exports (BuCensus), assembled units....................do. .. .
Imports (BuCensus), including separate chassis and bodies
RAILROAD EQUIPMENT:
thous..
Freight cars (all railroads and private car lines):
Shipments.
.number
Equipment manufacturers
do. .
New orders ........................................... do..
Equipment manufacturers
do. .
Unfilled orders, end of month
.do. .
Equipment manufacturers ............................ do. .

38.70

58.65

74.99

56.21

67.54

5,757
5,022
r3,214
3,014
r45,941
38,793

7,426
6,388
4,049
4,049
40,135
34,025

3,960
3,458
6,427
5,227
26,082
20,625

3,906
3,434
4,273
4,073
26,549
21,364

103
680
494
494
24,839
20,077

p_/ Preliminary.
USC0MM--DC--84,134

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 20402
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