View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

June 17, 1977

WEEKLY
BUSINESS
STATISTICS

***TES O*

u
rn

fr

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
BILLIONS OF DOLLARS
500

BILLIONS OF DOLLARS
500
TOTAL LOANS AND INVESTMENTS

475

Weekly
(Wednesday data)

Monthly
(average of Wednesday data)"

(Weekly Reporting Member Banks of Federal Reserve System)

475

450

450

425

425

400

400

fW^®^^

375

375

350

350

325

H 325

3 0 0 i L-J

' ' ' ' « ' ' • '

J

i

l

I i

1974

I

i

l i l t

1975

i

I

i

i

i

i

i

i

i

i

i

J

1977

1976

-LJ I I I
I I I
II
F M A M J J A S O N D

300

Data: Federal Reserve Board

1910-14 = 100
800
PRICES RECEIVED AND
PAID BY FARMERS
700 h

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS

N E W CONSTRUCTION

/

160 h (Seas, adj., at annual rates)

100

/

Prices Paid ^

V

600
500

140 _ ^ ~ ^ N

t-^A

•

•

•

•

•

'

» •

•

•

•

1975

_ 80
H

H 60

- \
Private Residential
(right scale)
.1,1.1 i.i.J.t M M 1 1 I.U_Lu.J_LX

1977

1976

1974

Data: U.S. Dept. of Agriculture

l

1977

1976

1975

H 40

1 1 1 1 1M1 i1l

_L 1 1 1 1 1 1 1 1 1 1

U.S. Dept. of Commerce

BILLIONS OF DOLLARS
60

\ 1
M

/ /

100

I IIIII II Ii1 IIIII IIIIII1 IIII IIIIi lI

1974

/***S\ /

kV"

Prices Received

J / (incl. interest, faxes, and wage rates)

300

/

120

S \.

N/

V

400

Total Put in Place
(left scale)

BILLIONS OF DOLLARS

SALES OF RETAIL STORES
(seasonally adjusted)

y—

-|

18.0 17.0 -

Tofai

-

50

r

CONSUMER INSTALLMENT
CREDIT EXTENDED A N D
LIQUIDATED (seasonally adjusted)

i

/

A

16.0

/*

\r

15.0 ~~
40

+"*

A
30

-— — - • * * " —

""""

i i i i i 1 i i i i i

14.0
13.0 — '

' ' 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1i J.J-i
1 1 !I 1
1 1i i i l l

Data: U.S. Dept. of Commerce

1975

/

/^\

Nondurable Goods

1974

Extended

1976

1977

12.0

\\

1 1 1 1 1 11 1 1 1

1974

1975

Data: Federal Reserve Board

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



>/

^

—

/ '-\Xj\C

yA / r ' V

A

1 1 1 1 1 1 1 1 1 1*11

/

Liquidated

•*"

i i I I I 1 l I I I 1 111 i 111 i i i i

1976

1977

WEEKLY BUSINESS STATISTICS1

2

1977

1976
ITEM
June 12

June 5

May 21

May 28

June

4

June 11

1967=100. .
do
do

204.1
206.8
202.2

205.6
207.4
203.2

219.7
219.7
219.6

216.9
219.5
215.0

215.5
218.6
213.3

ALL RETAIL STORES, SALES
Nondurable goods stores

mil. $..
do

11,961
8,089

12,670
8,300

13,971
9,004

14,152
9,075

13,754
8,917

INITIAL UNEMPLOYMENT CLAIMS, State programs
INSURED UNEMPLOYMENT, all programs
State programs (50 States, D.C. and Puerto Rico)
FAILURES, INDUST. AND COMMERCIAL (Dun $ Bradstreet)

thous..
do
do
number..

308
3,537
2,694
119

351.4
3,445.4
2,628.2
225

294
3,100
2,409
154

299
2,961
2,304
215

284
112

159

87,890
102,717
33,825
453

88,601
98,214
33,107
-70

95,152
113,055
35,023
273

94,876
111,762
33,956
167

95,384
109,283
34,431
391

e95,914
104,429
33,728
30

105,497
80,251
383,403
42,924
113,145
61,900

104,882
79,865
382,043
42,563
112,249
61,380

105,798
94,889
408,575
48,390
117,752
65,957

106,573
94,609
407,618
47,673
117,420
66,072

109,516
94,449
409,435
48,254
117,692
66,269

percent..
1941-43=10..
do

9.08
100.22
112.70

9.06
98.74
110.90

8.48
100.30
110.74

8.47
96.77
106.70

8.45
96.93
106.91

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

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

11,725
36,091
165,344
8,274

14,005
31,785
194,378
8,228

14,885
39,579
215,948
8,016

14,895
40,140
187,644
8,016

14,250
31,557
181,297
8,036

Steel, raw
Rate of capability utilization 5/

thous. sh. tons..
percent..

2,670
88.4

2,697
89.3

2,768
88.5

2,785
89.0

2,732
87.3

bil..

14.1

16.1

17.0

17.0

15.0

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials

FINANCE:
Currency in circulation 3/.
mil. $..
Federal Reserve bank credit outstanding, total 5/
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
Bond yields, domestic corporate (Moody's) 3/
Stock prices, 500 stocks (Stand. § Poor's) 4/
Industrial, 400 stocks

RAIL FREIGHT, REVENUE TON-MILES

212.7
216.3
210.2

8.42
98.20
108.26

221,563
2,674
85.5

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, supplies, and industry facilities. e_/ Estimated.

MONTHLY

BUSINESS STATISTICS
1976

ITEM

CONSTRUCTION AND REAL ESTATE
NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL
mil. $.
Private, total
do...
Residential (incl. farm)
do...
New housing units
....do...
Nonresidential buildings, total 1/
do...
Industrial
do...
Commercial
do...
Public, total
do...
NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL
RATES) , TOTAL
bil. $.
Private, total
do...
Residential (incl. farm)
do...
New housing units
do...
Nonresidential buildings, total 1/
Industrial
Commercial
Public, total
CONSTRUCTION COST INDEXES:
DEPARTMENT OF COMMERCE COMPOSITE
CONSTRUCT ON CONTRACTS IN 50 STATES, (F.W. DODGE):
TOTAL VALUATION
Index (seasonally adjusted)
Building, total
rail.
By type of building:
Nonresidential
Residential
Non-building construction

I/. Except farm and public utilities.




Jan.

Feb.

Mar.

Apr.

10,435
7,771
4,027
3,055
2,069
586
1,007
2,644

1,405
8,504
4,644
3,379
2,061
582
1,008
2,901

9,471
7,453
4,206
3,342
1,805
456
906
2,018

r9,714
r7,648
r4,221
r3,476
1,836
468
915
2,066

rll,436
r9,083
r5,215
r4,335
r2,079
r554
rl,051
r2,353

12,879
10,176
6,037
4,862
2,204
578
1,104
2,703

145.1
107.1
58.1
43.8

144.5
106.6
58.9
44.2

137.1
107.2
63.4
50.0

rl48.9
rll6.4
69.1
r56.5

rl59.3
rl25.7
r75.0
r62.0

163.4
128.3
77.1
63.5

26.
7,
13,
38,

25.4
7.2
12.6
37.9

24.2
6.1
12.2
29.9

24.7
6.4
12.4
32.5

r27.1
r7.2
rl3.9
r33.6

27.2
7.2
13.8
35.1

1967=100.

193.6

194.8

204.7

205.0

204.7

205.2

mil. $.
1967-100.
$.

8,908
192
6,179

9,408
208
6,744

6,748
203
5,090

7,523
207
5,306

9,937
207
8,152

12,079
250
8,156

561
618
729

2,741
4,003
2,664

163
927
658

1,879
3,427
2,217

3,003
5,149
1,785

2,890
5,266
3,922

5,810

6,539

5,448

5,631

r8,211

8,942

1,555
3,371
1,284

1,343
3,879
1,319

1,005
3,310
1,133

1,071
3,375
1,185

rl,716
r4,780
rl,715

1,735
5,428
1,779

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

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

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...
vj Revised.
84,362

1977
Apr.

Mar.

MONTHLY BUSINESS STATISTICS—Continued

3

1976

1977

ITEM
Apr.
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL 1/

May

Feb.

Mar.

Apr.

May

Furniture, home furn., and equip, stores..
Building materials and hardware dealers

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

54,633
18,670
11,339
2,311
2,359

54,460
18,511
11,140
2,306
2,460

49,382
16,608
10,343
2,205
1,952

r58,326
r20,766
rl3,086
r2,552
r2,493

r60,397
r21,082
rl2,985
r2,497
2,723

61,160
21,733
13,349
2,548

General merchandise group with nonstores..

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

35,963
2,377
1,591
4,218
11,535
3,851
8,292

35,949
2,194
1,598
4,564
11,770
3,935
7,949

32,774
1,851
1,575
4,069
11,120
3,706
6,594

r37,560
r2,219
rl,704
r4,570
rl2,231
r4,162
r8,580

r39,315
r2,459
rl,744
r4,707
rl2,699
r4,291
r9,099

39,427
2,316
1,735
4,915
12,541
4,474
9,153

Furniture, home furn., and equip, stores..
Building materials and hardware dealers...

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

53,696
18,046
10,704
2,385
2,340

52,868
17,419
10,249
2,380
2,292

58,175
19,764
11,981
2,563
2,549

r59,522
r20,687
rl2,629
r2,606
r2,712

r59,572
r20,333
rl2,176
r2,614
2,710

59,998
20,440
12,258
2,621

General merchandise group with nonstores..

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

35,650
2,229
1,605
4,304
11,448
3,886
8,337

35,449
2,265
1,609
4,355
11,629
3,809
8,187

38,411
2,484
1,729
4,720
12,200
4,265
8,983

r38,835
r2,424
rl,757
r4,795
rl2,403
r4,264
r9,218

r39,239
r2,411
r1,753
r4,750
rl2,556
r4,370
r9,437

39,558
2,448
1,760
4,721
12,761
4,408
9,514

do
do

79,321
78,102

79,235
78,406

82,682
83,878

do....
do....

16,242
15,999

15,901
15,978

14,407
17,471

rl7,097
rl7,704

Jan.

Feb.

Mar.

Apr.

37,507
19,298
5,596
12,612

38,199
19,530
5,924
12,745

39,141
19,944
r6,140
13,057

39,581
20,242
5,924
13,416

ESTIMATED RETAIL INVENTORIES, END OF MONTH:
86 202
85,397

RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated sales (seasonally adjusted), tota]

1977

1976
FINANCE
AGRICULTURAL LOANS AND DISCOUNTS OUTSTANDING OF AGENCIES
SUPERVISED BY THE FARM CREDIT ADM.:
mil. $..
Total, end of month
do....
Farm mortgage loans: Federal land banks...
do....
do
Bank debits to demand, deposit accounts, except interbank
and U.S. Govt, accounts, annual rates, seas adj.:
bil. $..
do....
do....
do....
do....
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM):
Installment credit extended and liquidated:
Unadjusted:
mil. $..
do....
do....
do....

17,990
17,983

Mar.

Apr.

33,400
17,264
4,656
11,480

33,980
17,514
4,590
11,876

26,474.4
12,229.6
13,844.8
5,560.9
8,:283.9

25,792.8
12,482.8 1
13,310.0
5,302.4
8,007.7

29,288.1
14,441.8
14,876.3
5,684.3
9,012.0

r30,145.4
14,898.0
rl5,247.4
5,887.1
r9,360.2

r30,421.7
14,612.1
rl5,809.6
6,155.7
r9,653.9

30,499.7
14,988.9
15,510.8
6,055.5
9,455.3

15,359
5,077
286
421

15,453
4,874 j
259
440

14,085
3,882
168
317

14,278
4,406
204
364

18,128
5,994
296
472

18,035
5,630
324
501

do....
do
do
do

15,014
4,470
354
369

13,851
3,952
317
380

14,884
4,030
284
354

14,001
3,982
297
350

16,685
4,927
324
406

15,465
4,288
321
394

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

15,521
4,689
296
414
14,048
4,026
314
344

15,003
4,583
247
413
13,576
3,851
309
374

16,870
4,940
245
494
14,952
4,183
305
364

17,186
5,205
259
457
15,164
4,320
329
385

18,253
5,654
311
478
15,536
4,453
291
382

18,077
5,474
318
488
15,418
4,300
316
382

do

160,729

162,334

177,975

178,252

179,695

182,265

do
do
do

53,650
11,848
8,026

54,572
11,790
8,089

60,349
11,394
8,736

60,774
11,301
8,750

61,841
11,273
8,816

63,183
11,277
8,923

do
do
do
do

78,039
36,450
26,025
16,375
3,840

78,982
36,745
26,403
16,448
3,756

85,051
39,665
30,410
18,693
4,156

85,005
39,831
30,701
18,322
4,393

85,916
39,889
31,448
18,068
4,374

97,481
40,361
31,912
18,205
4,306

Seasonally adjusted:

Total installment credit outstanding, end of year or
By credit type:
Mobile Home
By holder:

r/ Revised.
84,362

1/ Data for May 1977 are advance estimates.




2/ Includes data not shown separately.

MONTHLY BUSINESS STATISTICS—Continued

4

1977

1976
ITEM
Apr.

Feb.

May

May

Apr.

Mar.

FINANCE—Con.
SECURITY MARKETS:
STOCKS:
Prices:
Dow-Jones average (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)

302.68
992.51
87.15
208.39

304.50
988.82
86.66
215.71

308.93
941.77
107.49
227.29

309.63
946.11
106.48
225.94

308.71
929.10
107.71
C231.00

312.74
926.31
110.49
240.75

1910-14=100
.do..
do..
do..
do..
do..
do..
do..

473
435
468
424
373
391
318
875

477
446
403
482
398
384
313
877

468
457
637
540
362
287
276
954

474
475
641
589
365
282
297
957

r477
r479
r507
r572
r359
r277
r319
r967

487
488
489
583
350
273
373
966

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

512
580
631
225

508
564
624
233

478
584
546
252

471
577
544
240

473
r577
551
232

485
575
585
220

PRICES PAID BY FARMERS:
All commodities and services,
Family living items
Production items
All commod., services, int., taxes, and wage rates

do.
do.
do.
do.

563
557
561
651

r562
557
r559
650

584
556
578
679

590
562
583
685

r597
565
r592
r692

600
570
594
694

PARITY RATIO

do.

73

73

69

69

r69

70

COMMODITY PRICES
PRICES RECEIVED BY FARMERS, ALL FARM PRODUCTS
Crops.
Commercial vegetables
Cotton
Feed grains and hay
Food grains
Fruit
Tobacco
Livestock and products
Dairy products
Meat animals
Poultry and eggs

r / Revised, zj C o r r e c t e d .
USC0MM--DC--84,362

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

First-Class Mail




United States
Government
Printing Office

SUPERINTENDENT
OF DOCUMENTS
Washington, D.C. 20402

Postage and Fees Paid
U.S. Government Printing Office

U.S.MAIL
OFFICIAL BUSINESS
Penalty for private use, $300