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July 15, 1977

WEEKLY
BUSINESS
STATISTICS

**TES<*

Annual Subscription: domestic, $15.00; foreign,
$18.75 (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 ECONOMIC ANALYSIS
INDEX, 1941-43=10
140
PRICES OF 4 0 0 INDUSTRIAL STOCKS
130 -

INDEX, 1941-43=10
140
Monthly

-\

(avg. of daily close)

-

120
110

-

.

/

-

100
90

\

-

/

-

80
70

1 1 l I 1 I l t 1 , l l I

1 l 1 1 I

1974

I

I,l 1 t I

i

i

i

i

1975

i

1 i

i

i

i

i

1 1 1 1 1 1 1 1 1 1

j —

JFMAMJJASOND

1977

1976

Data: Stand. & Poor's Corp.

SHORT TONS
5,000

SHORT TONS
20,000
R A W STEEL P R O D U C T I O N (ingots and all other forms)

H 4,000

16,000

12,000 K

8,000 h

4,000

I I I I 1 l I l l

1974

i l l »

I I i I l i

1975

i

I

l

I

I

l

l

I

I • I

l

I

I

l

1

I

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I

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1977

1976

F M A M J J A S O N D

Data: Amer. Iron & Steel Inst.

1967=100
220 I

DOLLARS
5.60
MANUFACTURING HOURS *
5.40 h EARNINGS

WHOLESALE PRICES

200

form Products and
Processed Foods and Feeds

(Hours seasonally adjusted)

5.20 h

180

Average Hourly
Gross Earnings
(left scale)

5.00 h
Industrial

160
All

Commodities

Commodities

140
120

i i i i i i i i i

1974
Data: U.S. Dept. of Labor

• 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

1975

1976

1977

1974

1975

Data: U.S. Dept. of Labor

WEEKLY BUSINESS STATISTICS updates selected data that are published monthly

in the SURVEY OF CURRENT BUSINESS.


1976

1977

WEEKLY BUSINESS STATISTICS1

2

1976

1977

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

July 10

June 18

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

210.9
213.7
208.9

215.6
222.2
211.0

208.2
210.8
206.3

206.4
207.6
205.4

206.7
210.6
204.0

mil. $.
do...

13,349
8,629

11,813
7,927

14,510
9,328

14,307
9,077

14,754
9,305

399
3,366
2,594
158

422
3,709
2,879
146

310
2,959
2,305
166

321
2,882
2,240
168

334
150

102

95,951
117,235
35,086
170

97,062
117,549
35,670
578

8.33
99.58
109.59

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.

July 2

June 25

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
7.. .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

88,358
108,295
34,966
525

89,231
107,883
34,521
562

96,130
103,394
34,128
267

95,993
111,543
34,720
104

108,548
79,817
381,418
42,152
112,909
61,432

105,861
80,060
379,864
41,194
112,420
61,513

111,166
94,139
416,431
50,788
118,457
66,918

109,961
93,972
411,171
49,005
119,664
67,088

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

9.03
104.25
117,38

8.99
103.83
116.66

8.36
99.61
109.90

8.35
100.46
110.73

8.32
100.11
110.30

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

8,305
41,263
174,918
8,165
2,663
87.7

6,500
39,025
133,489
8,190
2,591
85.3

15,030
42,217
214,938
8,036
2,605
83.3

14,255
43,080
214,575
8,036
2,596
83.0

11,465
44,203
199,104
8,410
2,538
83.5

bil..

14.8

17.0

16.5

16.2

PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Rate of capability utilization 5/
RAIL FREIGHT, REVENUE TON-MILES

12.0

July 9
207.1
210.0
205.0

161,656
2,387
78.5

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, supplie , and industry facilities, e/ Estimated.

MONTHLY

BUSINESS STATISTICS
1976

ITEM
May

1977
June

Mar.

Apr.

May

June

COMMODITY PRICES
SPOT MARKET PRICES, BASIC COMMODITIES:
22 Commodities
9 Foodstuffs
13 Raw industrials
WHOLESALE PRICE INDEXES:
ALL COMMODITIES
Farm products
Food and feeds, processed.
Industrial commodities
Chemicals and allied products.
Fuels and related, products, and power
Furniture and household durables
Hides, skins and leather products
Lumber and wood products
Machinery and equipment
Metals and metal products
Nonmetallic mineral products
Pulp, paper, and allied products
Rubber and plastics products
Textile products
Transportation equipment
Motor vehicles and equipment

1967=100
do..,
do..

202.8
202.7
202.7

207.4
210.6
205.2

218.4
212.0
222.8

220.8
219.0
221.9

218.7
219.4
218.1

208.5
211.3
206.4

do. .
do..,
do..,
do..,
do..,
.do..;

181.9
192.6
179.9
180.5
187.1
257.2

150.5
181.9
229.3
180.0
208.6

151.3
179.7
228.7
180.8
207.6

186,
179,
157,
148,
149,
151.8

194.3
208.1
188.5
193.2
192.6
298.6
150.1
180.1
229.6
178.8
208.0
198.2
185.1
165.9
153.7
158.7
161.0

194.5
193.7
190.1
194.6
193.9
304.0

144.9
170.1
202.4
169.6
194.2
186.0
179.3
157.1
147.3
149.0
151.6

191.9
202.4
183.9
191.6
191.1
293.4
149.6
177.6
228.7
178.2
206.4
195.0
183.6
164.3
152.1
158.4
160.7

195.2
204.3
192.0
194.2
193.8
302.3

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

183.2
196.5
181.8
181.5
187.3
260.5
145.3
168.1
199.9
170.4
196.6

198.9
186.1
166.4
154.0
159.0
161.3

200 4
187 3
167 4
154 4
159 4
161.8

$0,550

$0,546

$0,521

$0,515

$0,512

$0,514

95,724
93,582
87,278

98,251
96,114
88,460
3,780
84,680
7,655

97,909
95,771
88,215
2,804
85,411
7,556

97,958
95,826
89,258
3,140
86,118
6,568

98,321
96,193
90,042
3,478
86,564
6,151

101,264
99,135
91,682
3,820
87,862
7,453

do...
do. .,
do...
.do. ..
Dec. 1968=100,
1967=100.

PURCHASING POWER OF THE DOLLAR AS MEASURED B Y —
Wholesale prices

1967=$1.00.

LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, persons 16 years of age and over,
not seasonally adjusted
thous.
Civilian labor force
do...
Employed, total
do...
Agriculture
do...
Nonagricultural industries
do...
Unemployed
do..,

84,398



3,415
83,863
6,304

MONTHLY BUSINESS STATISTICS—Continued

3
1977

1976
ITEM

May

June

Mar.

Apr.

May £/

LABOR FORCE, EMPLOYMENT, AND EARINGS--Con.
LABOR FORCE, persons 16 years of age and over,
not seasonally adjusted--Con.
Civilian labor force, seasonally adjusted
Employed, total
Agriculture
Nonagricultural industries
Unemployed
Long-term, 15 weeks and over
Rates (unemployed in each group as percent of
total in the group):
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes,
16-19 years
White
Black and other races

thous
do..
do..
do..
do..
do..

Married men, wife present
Occupation: White-collar workers
Blue-collar workers
Industry: Private nonfarm wage and salary workers.
Construction
Manufacturing
Durable goods
EMPLOYEES ON PAYROLLS OF NONAGRIC. ESTAB., SEAS. ADJ
Private sector
Nonmanufacturing indus tri es
Goods-producing
Mining
Contract construction
Manufacturing.
Durable goods
Nondurabl e goods

Service-producing
Transportation, communication, elec., gas, etc
Wholesale trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
Government
Federal
State and local

96,760
90,023
3,260
86,763
6,737
1,816

97,158
90,408
3,386
87,022
6,750
1,836

7.3
5.6
6.8
18.5
6.7
12.3

7.6
5.9
7.2
18.4
6.8
13.4

7.3
5.4
7.2
18.8
6.6
12.7

7.0
5.0
7.0
17.8
6.3
12.3

6.9
5.3
6.6
17.9
6.2
12.9

4.
4.
9.
7.
14.
7.
7.

4. 3
4. 5
9. 3
7. 8
16. 3
7. 6
7, 4

3.7
4.7
8.3
7.4
14.2
6.6
6.1

3.6
4.4
7.8
7.0
12.0
6.7
6.0

3.6
4.3
7.9
7.1
13.0
6.2
5.7

81,395
66,364
46,960
24,005
842

r81,686
r66,555
r47,118
r24,217
r847
r3,842
rl9,528
rll,423
r8,105

r81,921
66,715
r47,208
r24,310
r844
r3,867
rl9,599
rll,473
r8,126

2,725
12,306

r57,469
r4,575
rl8,203
r4,371
rl3,832
r4,463
rl5,182
rl5,046
r2,719
rl2,327

r57,611
r4,585
rl8,226
r4,382
13,844
r4,481
rl5,205
rl5,114
r2,723

79,368
64,414
45,430
23,357
781
3,592
18,984
11,059

do...

55,938
4,503
17,663
4,258
13,405
4,282
14,567
14,923
2,730
12,193

56,011
4,482
17,664
4,254
13,410

52,998
13,693
7,916

53,007
13,665
7,905

54,534
13,958
8,128

r54,771
rl4,066
r8,177

r54,920
rl4,148
r8,239

3.4

36.1
37.3
40.2
3.2
40.9
3.4

36.3
37.1
40.4
3.3
41.0
3.4

36.2
r37.3
r40.3
3.4
40.8
3.6

36.3
r37.4
40.4
3.4
r41.0
r3.6

183
108
197
185
182
198
177
170.5
187.4

184.3
108.3
196.9
185.8
183.6
199.0
177.5
169.2
188.3

194.1
108.8
210.4
191.6
194.3
206.7
188.5
175.9
198.7

195.3
108.6
212.1
192.6
195.4
208.6
189.8
177.4
199.7

196.
108.
212.
192.
1S/6.
209.
190.
179.
200.8

175.69
103.65

175.09
102.87

185.86
104.18

rl87.15
104.09

188.76
104.34

156.05
92.06

155.60
91.42

163.69
91.75

r164.66
91.58

165.87
91.69

112.0
97.2
124.7
104.0
95.1
94.0

111.6
96.8
125.0
104.0
94.6
93.8

115.2
100.0
141.5
rl08.1
97.1
96.8

rll5.6
rl00.9
rl42.2
rll2.0
r97.5
r96.8

rll6.1
rl01.7
rl39.2
rll3.0
r98.4
98.1

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

Gross average 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
Indexes of aggregate weekly employee-hours (prod, workers):
Private nonagric. payrolls, total, (seas, adj.)
1967=100
Goods-producing
do..
Mining
do..
Contract construction
do..
Manufacturing
do..
Durable goods
do..




96,539
89,475
3,116
86,359
7,064
1,923

79,319
64,396
45,396
23,381
776
3,605
19,000
11,062
7,938

Indexes of average hourly earnings, seasonally adjusted:
Private nonfarm economy (prod, or nonsupervisory workers):
Current dollars
1967=100.
1967 dollars
do...
Mining
do...
Contract construction
do...
Manufacturing
do...
Transportation, communication, e l e c , gas, etc
do...
Wholesale and retail trade
do...
Finance, insurance, and real estate
do...
Services
do...

£ / Preliminary.

94,704
87,533
3,313
84,220
7,171
2,173

thous.
do...
do...
do...
do...
do...
do...
...do...
do...

Production or nonsupervisory workers on payrolls of private nonagricultural establishments, seas, adj.:
Employees, total
thous
Manufacturing
do..
Durable goods
do..
Average weekly hours per worker, seasonally adjusted:
Total private
hours
Contract construction
do..
Manufacturing.
do..
Overtime hours
do..
Durable goods
do..
Overtime hours
do..

r/ Revised.
847398

94,551
87,640
3,332
84,308
6,911
2,042

36.
37.
40.
3.
40.

7,925

4,301
14,610
14,954
2,728
12,226

3,759
19,404
11,370
8,034
57,390
4,568
18,189
4,354
13,835
4,453
15,149
15,031

rl2,391

MONTHLY BUSINESS STATISTICS—Continued

4

1976

1977

ITEM
May

June

Mar.

Apr.

FINANCE
FEDERAL GOVERNMENT FINANCE:
Budget receipts and outlays:
Receipts (net)
Outlays (net)
Budget surplus or deficit (-)
Budget financing, total
Borrowing from the public
Reduction in cash balances

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

22,679
28,410
-5,731
5,731
4,109
1,622

37,615
30,567
7,048
-7,048
3,847
-10,895

25,171
34,646
-9,475
9,475
5,351
4,124

40,016
35,547
4,469
-4,469
1,206
-5,675

Gross amount of debt outstanding
Held by the public

do...
do...

621,532
475,872

631,285
479,719

680,141
533,383

681,906
534,590

Budget receipts by source and outlays by agency:
Receipts (net) , total
Individual income taxes (net)
Corporation income taxes (net)
Social insurance taxes and contributions (net)
Other

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

22,679
6,157
1,016
12,811
2,695

37,615
16,037
10,000
6,971
4,607

25,171
6,131
8,719
7,413
2,908

40,016
18,660
7,974
10,703
2,679

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

28,410
980
6,951
10,485

30,567
1,248
7,622
11,319

34,646
1,705
8,146
12,458

35,547
1,825
7,745
12,318

do..
do..,
do..,

3,533
279
1,569

2,949
286
1,254

3,090
352
1,611

5,196
322
1,683

304.50
988.82
86.66
215.71

304.34
985.59
86.16
218.84

309.63
946.11
106.48
225.94

308.71
929.10
107.71
231.00

Outlays, total
Agriculture Department
Defense Department, military
Health, Education, and welfare Department
Treasury Department
National Aeronautics and Space Adm
Veterans Administration
SECURITY MARKETS:
STOCKS:
Prices:
Dow-Jones average (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)

May

312.74
926.31
110.49
240.75

USC0M-- DC—84,398

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C.

20402

United States
Government
Printing Office

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WEEKLY BUSINESS STATISTICS



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Postage and Fees Paid
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June

311.38
916.56
113.63
237.48