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July 30,1976
A WEEKLY

v BUSINESS
^ STATISTICS

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
INDEX, 1967=100

INDEX, 1967=100
Monthly

170

ELECTRIC POWER PRODUCTION
(E.E.I, seas. adj. index)

160
150
140
130
I

i

i

i

i

i

|

1 |

1 |_|

|

|

I

I

L

J_J

L_J

1974

1973
Data: Edison Electric Inst.

I

I

I

I ,L—L.-J—L.JL...JL. . i _ L . _ l _ J

1975

L-L-L

Short tons
20,000 |~~
RAW

STEEL P R O D U C T I O N

I

I

J F M A M J

1976

Weekly

Monthly

(ingots and all other forms)

J A S O N D

16,000

Short tons
5,000

H

4,000

H

3,000

1975

2,000

1976

4 , 0 0 0 1 L_I i i i I i i i i i I i i i i i I i i i i

1973

i

i

1974

i

i

I

i

» i

i

i

i

i

i

i

I

i

i

i

i

i

• ••• • •» • I • • • » » ' 1,000
J F M A M J

1976

1975

J

A S O N D

Data: Amer. Iron & Steel Inst.

1967 = 100
200
CONSUMER PRICES
190 —

—

180 170
160

food
_

All Services

..•*'

V"'
•

80

Total Put in Place
(left scale)

_ j

^*^s^
^ ^

/ \

„-**•

+'

y]

(seas, adj., at annual rates)

140

"">£"£
.

Billion$
100

Billion $
160
NEW CONSTRUCTION

120

60

t

All Items

150

/

100

140

J

130
•i 1 1 1 1 1 1 1 1 - i . j . 1 1 1 1 1 1 1 1 1 1 1

1973
U.S. Dept. of Labor

1974

_L1_L L L l 1 1 1 1 1

1975

I I I I I 1 i I ».i l 1

1976

40

Private Residt intial, NonFarm
(right scale)

80

1 J. LI 1 1 1 1 1 1 11 I 1 I 1 i 1 1 I i 1 i I l 1 1 1 1 1i 1l i I i 1i 1 i i i I I

1973

1974

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


1975

1976

20

WEEKLY BUSINESS STATISTICS1

2

1975

ITIiM

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Fooclst uf f s
J 3 Raw industrials

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

ALL RETA 1 L STORES, SALES
mi 1. $.
NondurabLc goods stores
do...
INITIAL UNEMPLOYMENT CLAIMS, Slate programs
thous.
INSURED UNEMPLOYMENT programs
do. ..
State programs (50 States, D.C., and Puerto Rico)
do...
FAILURES, INDUST. AND COMMERCIAL (Dun ti Bradstrcet)...number.
FINANCE.:
Currency in c i r c u l a t i o n ^ /
m i l . $.
Federal Reserve bank c r e d i t o u t s t a n d i n g , t o t a l 3 /
do...
Member bank r e s e r v e balances 3/
do...
Excess r e s e r v e s , e s t i m a t e d 3 /
do...
Assets and l i a b i l i t i e s of large commercial banks: 4 /
Demand d e p o s i t s , a d j u s t e d
do...
Savings d e p o s i t s
do...
Loans and i n v e s t m e n t s , gross a d j u s t e d , t o t a l
do...
U.S. Government o b l i g a t i o n s
do...
Commercial and i n d u s t r i a l loans (gross)
do...
Real e s t a t e loans ( g r o s s )
do...
Bond y i e l d s , domestic c o r p o r a t e (Moody's) 3/
percent.
Stock p r i c e s , 500 s t o c k s (Stand.?, P o o r ' s ) 4 /
1941-43=10.
I n d u s t r i a l s , 400 s t o c k s
do...

1976
J u l y 10

July 17

J u l y 24

210.9
213.7
208.9

215.6
222.2
211.0

219.3
223.6
216.3

216.5
218.3
215.1

11,136
7,398

13,357
8,609

11,711
7,833

12,104
7,945

481
5,148
4,009
192

471
4,962
3,813
194

399
3,366
2,594
158

442
3,718
2,885
146

453
160

189

82,164
93,566
34,864
73

81,761
93,995
34,898
203

88,378
108,868
34,789
465

89,240
107,981
34,616
655

89,947
104,290
33,961
71

e89,525
104,064
34,436
238

104,954
66,140
376,789
32,257
121,718
59,464

103,500
65,574
373,426
32,042
121,082
59,067

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

104,861
80,060
379,864
41,194
112,420
61,513

106,900
80,133
380,864
41,689
112,108
61,595

9.43
94.61
106.25

9.43
90.18
101.18

9.03
104.25
117.38

8.99
103.83
116.66

8.96
105.95
119.02

J u l y 19

J u l y 26

196.4
238.6
171.6

.196.5
237.5
172.2

11,300
7,614

July 3

PRODUCTION:
Bituminous coal
E l e c t r i c power, by u t i l i t i e s
Motor v e h i c l e s (passenger c a r s )
Petroleum (crude) and condensate V

t h o u s . sh. t o n s .
mil. kw.-hr.
number.
thous. bbl.

10,720
38,646
95,37.1
8,346

11,750
41,133
74,475
8,371

8,305
41,263
174,918
8,191

6,500
39,025
133,489
8,1S)0

11,250
42,464
142,645
8,190

S t e e l , raw
Rate of c a p a b i l i t y u t i l i z a t i o n 5/

t h o u s . sh. tons .
percent.

1,963

1,941

2,663
87.7

2,591
85.3

2,585
85.1

biJ .

13.7

13.8

14.4

11.7

14.7

RAIL FREIGHT, REVENUE TON-MILES

8.95
103.82
116.50

100,790
2,600
85.6

1/ Data do not aJw.ays cover c a l e n d a r weeks. 2/ Tuesday p r i c e . 5/ Daily a v e r a g e . 4_/ Wednesday d a t a . 5_/ C a p a b i l i t y for a full o r d e r book
based on c u r r e n t aval
i v a i l a b i l i t y of raw m a t e r i a l s , f u e l s , s u p p l i e s , and i n d u s t r y f a c i l i t i e s ,
c / Estimated.

MONTHLY

BUSINESS STATISTICS
1975

1976

ITEM
II

III

II £/

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT: 1/
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
GROSS NATIONAL PRODUCT, TOTAI
bi 1. $
Personal consumption expenditures, total
do..
Durable goods, total
do..
Motor vehicles and parts
do. .
Furniture and household equipment
do..

rl 446.2
933.2
122.1
47.6
54.6

rl,482.3
960.3
127.0
49.5
57.0

rl,548.
987.
136,
56,
58.

rl,588.2
1,012.0
141.8
59.2
60.6

rl,636.2
1,043.6
151.4
68.0
61.2

1,673.
1,064.
154,
69.
62.

Nondurable goods, total
Clothing and shoes
Food
Gasoline and oil

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

394.4
66.6
203.2
37.9

405.8
69.3
207.8
38.6

41/1.6
71.3
211.8
39.2

421.6
73.0
215.2
39.9

429.
73.
219.
40.

4 34.8
73.5
222.5
40.1

Services, total
Household operation
Housing
Transportation

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

416.7
61.2
145.0
33.3

427,
63,
148,
33,

436.7
65.0
151.8
34.1

448.6
65.9
155.8
35.0

463.
68.
159,
36.

475.6
69.5
163.6
37.6

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

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

172.
194.
148.
46.
-22.

164.4
194.3
145.8
48.6
-30.0

196
198
146
52
-2

201.4
205.7
148.7
57.0
-4.3

229.
214.
153.
61,
14.8

236.3
223.0
158.5
64.5
13.3

Net exports of goods and services
Exports
Imports

do..
do..
do..

147.
132.

24.4
142.9
118.5

21.4
148.2
126.8

21.0
153.7
132.7

154
145

9.1
156.8
147.7

Gov't purchases of goods and services, total
Federal
:
Nationa 1 defense
S t a t e and l o c a l

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

325.
120.
82.
205.

533.2
122.4
83.4
210.9

343.2
124.6
84.6
218.6

353.8
130.4
87.1
223.4

354.7
129.2
86.2
225.5

363.1
132.3
88.4
230.8

r/ Revised.
31,529

p_/ P r e l i m i n a r y .




1/ Data r e v i s e d back t o 1973; r e v i s i o n s for e a r l i e r p e r i o d s w i l l appear in t h e J u l y 1976 SURVEY.

MONTHLY BUSINESS STATISTICS—Continued
1976

1975

HEM

m
GENERAL BUSINESS

3

IV

INDICATORS--Con.

NATIONAL TNCOME AND PRODUCT--Con. \J
SEASONALLY ADJUSTED QUARTERLY "IDTAF^S AT ANNUAL RATES--Con.
NATIONAL INCOME, 'IOIAL
bi J . $.
Compensation of employees , total
do. .
Proprietors' income, total 2/
do..
l;a rm
do..,
Non fa rm
do. .
Rental income of persons with capital consumption
adjustment
do..
Corp. profits with inventory valuation and capital
consumption adjustments, total
do. .
Profits before tax, total
do..
Profits after tax
do..
Inventory valuation adjustment
do..
Capital consumption adjustment
do. .
Net interest
do. .
PERSONAL TNCOME, quarterly total if
Less: Personal tax and nontax payments
Equals:
Disposable personal income
Less: Personal outlays
Equals : Personal saving

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

rl,182.7
912.9
86.8
24.1

r l ,233.4
935.2
95.5
29.2

63.2

62.7

66.3

21.9

22.3

22.4

22.9

23.3

69.0
94.2
54.0
-16.5
-8.6
73.7

86.6
105.8
61.0
-7.8
-11.4
74.0

105.3
126.9
72.1
-9.0
-12.6
74.9

105.6
131.3
74.1
-12.3
-13.5
75.8

115.1
141.1

rl,203.1
1 79.3
1,023.8
956.7

rl,230.3

r1,265.5
174.0
1,091.5
1,011.1
80.5

r l , 299.7
179.8
1,119.9
1,036.2
83.7

Mar.

Ap r .

May

rI,352.5
876.9
301 .7
234.8
212.3
175.3
187.6
68.4

r1,362.9
883.3
303.5
235.8
213.9
177.2
188.7
69.0

142.2

1,088.2
983.6
104.5

67.2

May

MANUFACTURERS' ORDERS: ,3/
New o r d e r s , n e t (not s e a s o n a l l y a d j u s t e d ) :
Durable goods i n d u s t r i e s , t o t a l
New o r d e r s , n e t ( s e a s o n a l l y a d j u s t e d ) :
Durable goods i n d u s t r i e s , t o t a l
Primary metals
T r a n s p o r t a t i o n equipment
Supplementary s e r i e s :
Household d u r a b l e s
C a p i t a l goods i n d u s t r i e s
Nonde fen so
Defense
U n f i l l e d o r d e r s , end of month ( u n a d j u s t e d ) :
Durable goods i n d u s t r i e s , t o t a l
U n f i l l e d o r d e r s , end of month ( s e a s o n a l l y a d j u s t e d ) :
Durable goods i n d u s t r i e s , t o t a l
Primary metals
T r a n s p o r t a t i o n equipment
Supplementary s e r i e s :
Household d u r a b l e s
Capi t a 1 goods i ndust r i es
Nondefense
De fense

78.
,331.3
183.8
J 47.6
,068.0
79.5

June

rI,223.7
792.5
268.9
206.7
192.6
157.2
173.8
61.4

,253.7
797.4
269.9
207.6
193.3
159.4
174.8
62.0

r1,341.9
868.8
298.4
232.2
209.8
174.1
186.6
67.7

24.1
62.9

27.3
63.3

20.0
72.2

23.3
72.7

27.5
72.5

22.4
31.9
108.9
169.2
49.5
1,188.6

22.4
32.0
109.7
189.2
49.6
,215.4

23.3
33.0
119.3
191.3
53.7
1,510.1

23.3
33.4
120.0
188.7
54.1
1,317.3

23.4
33.9
120.7
187.1
54.4
1,323.4

41,349
6,279
9,492

43,785
6,350
10,131

49,439

48,766

T-49,363

7,602

7,467

11,973

11,942

r7,913
rl1,961

40,494
6,022
9,033

40,757
5,961
9,456

47,546

47,741

7,140
11,658

7,096
11,614

M8.32I
r7,595
rl1,387

3,228
12,372
10,704
1,668

3,202
12,567
10,901
1,666

3,708
13,380
11,495
1 ,885

3,776
13,563
11,701
1,862

T'3,894
r13,589
rl1,666
r 1,923

do..,

38,717

41,737

50,156

48,945

M9,007

do..,
do. .
do..,

39 ,575
6 010
8 769

39,282
5,439
9,194

47,895
7,397
12,405

47,841
7,238
11,572

r49,68l
r8,805
r11,400

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

3 ,218
11 961
10 ,302
1 659

3,217
12,047
10,138
1 ,909

3,755
13,617
10,984
2,633

3,759
13,674
11,530
2,144

r3,889
r!3,730
r l 1,664
r2,066

do..

120,108

118,065

114,782

114,952

rl14,596

do..
do..
do. .

120,593
15,077
32,495

119,123
14,556
32,236

113,722
14,074
31,497

113,828
14,216
31,454

rl!5,l81
r 15,424
r31,466

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

1,546
71,179
46,304
24,875

1,559
70,664
45,546
25,118

1,712
66,969
41,395
25,5/4

1,698
67,080
41,225
25,855

r l ,692
r67,218
M l ,221
r25,997

rf Revised. p / P r e l i m i n a r y ,
if See corresponding n o t e on p . 2.
3/ Data f o r June 1976 a r e advance e s t i m a t e s .
31,529




79.
-11 .
-14.

1976

1975
PERSONAL INCOME, BY SOURCE: if
SEASONALLY ADJUSTED, AT ANNUAL RATES:
Iota 1 persona 1 income
bil. $.
Wage and salary disbursements, total
do...
Commodity-producing industries, total
do.. .
Manufacturing
do. ..
Distribut i ve industries
do.. ,
Service industries
do. ..
Government and government enterprises
do. ..
Other labor income
do...
Proprietors' income: If
Pa rm
do.. ,
Non farm
do...
Renta 1 income of persons with capita 1 consumpt i on
ad j ustment
do.. .
Dividends
do. ..
Personal interest income
do.. .
Transfer payments
do. ..
Less personal contributions for social insurance..do..,
Tota 1 non farm income
do.. .
MANUFACTURERS' SHIPMENTS: If
Value (not seasonally adjusted):
Durable goods industries, total
mil. $,
Primary metals
do. ..
Transportat j on equipment
do..,
Value (seasonally adjusted):
Durable goods industries, total
do..,
Primary metals
do...
Transportation equipment
do..
Supplementary series:
Household durables
do..
Capi tal goods industries
do..
Nondefense
do..,
Defense
do..

1,304.7
994.4
93.2
21.9
71.4

r1,264.6
963.1
97.2
28.3
69.0

r l ,149.7
904.0
81.1
17.9

2/ Includes inventory v a l u a t i o n and c a p i t a l consumption a d j u s t m e n t s .

MONTHLY BUSINESS STATISTICS—Continued
1975

ITHM

May

June

159.3

160.6

167.5

168.2

169.2

170. I

155.6
158.9
156.5
160.8
150.5
M4.8
164.5
169.6
171.8
168.2
153.6
169.0
165.3
168.2
136.4
1.80.1
165.5
230.2
167.3
157.4

156.6
160.3
157.9
162.4
151.2
145.8
165.7
170.9
174.4
177.2
153.3
177.4
166.4
169.4
136.9
181.4
166.9
230.6
169.4
158.1

164.2
166.8
162.3
166.7
155.5
150.4
177.2
183.4
178.7
180.2
167.9
173.6
174.5
176.3
142.7
188.7
178.9
247.6
183.7
166.6

165.0
167.4
163.1
167.2
156.0
151.9
177.7
184.0
179.2
178.0
L67.9
179.0
174.9
176.6
143.2
188.9
179.3
246.6
184.4
167.4

166.0
168.4
164.2
rl68.2
157.0
153.5
178.4
184.7
rlSO.O
r-181.2
167.4
176.4
175.6
177.3
143.8
189.6
180.2
246.2
1 86.1
167.9

167.0
169.4
165.2
169.0
157.9
1.54.7
1 79.5
1 85.8
180.9
182.7
167.9
1 76.7
176.5
178.2
144.4
190.7
181.7
247.3
188.5
168.5

...196?=$].00..

$0,628

$0,623

$0,597

$0.595

$0,591

mil. $ . .
do
do

81.60
171.20
1,557.8

82.45
179.70
1,460.6

122.00
145.85
975.6

102.65
121.20
957.0

128.95
118.50
967.4

19.35
45.15
338.0

36.25
39.90
334.4

45.95
52.20
181.4

40.35
43.50
178.3

COMMODITY PR1CI-S
CONSUMIiR PRIGI! 1NDLXI-S:
Unad j l i s t e d i n d o xos :
All i t cms
Spc c i ii 1 g ro up i n dc xe s :

1967=100..

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

N o n d u r a b 1 o s 1 <\ss Pood
Dura 1) I c s

S c r v i c c s l e s s rent
Meats, p o u l t T V , and f i s h .
Dalrv products
l : rui t s and vegetal) 1 es
Mousing
She I t e r
Rent
Homeownership
l;uo 1 and u t LI i t i es
Fue1 o i l and coaI
Gas and e l e c t r i c i t y

1976

»

Mar.

Ap r .

May

..June

1

1'URCIIASTNG POWI-.R 01' THE DOLLAR AS MEASURED BY-SO.588

METALS AND MANUFACTURES
MACHINE TOOLS:
Metal c u t t i n g type t o o l s :
Sh Lpmcnts, t o t a 1
Order b a c k l o g , end of month
Metal forming type t o o l s :
O r d e r s , now ( n e t ) , t o t a l
Shipments, t o t a l
Order backlog end of month

do
do
do

!
1

40.90
54.70
187.6

|

r/ Revised. £ / P r e l i m i n a r y .
USCOMM—DC--31.529

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C.

20402

OFFICIAL BUSINESS

First-Class Mail

'•^e-rai*"" •

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p 123.45
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