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WEEKLY
BUSINESS
STATISTICS

OF C0

/

w

\

^tesO^*'

June 2, 1978

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/BURFAU OF ECONOMIC ANALYSIS
BILLIONS OF DOLLARS
500
_ TOTAL LOANS AND INVESTMENTS
475
(Weekly Reporting Member Banks of Federal Reserve System)

BILLIONS OF DOLLARS
500

Monthly
(average of Wednesday data) ~~

450
425
400
375
350
325
300

1 1 lil 1 1 1 I I 1 1

1975

Data: Federal Reserve Board

• i i i i 1 i i i ii

i i i i i 1 i i i ii

1976

i i i i i 1 i i i ii

1977

1978

INDEX, 1941-43=10
140
PRICES OF 400 INDUSTRIAL STOCKS
130

J F M A M J

J

A S O N D

INDEX, 1941-43=10
140

Monthly

(avg. of daily close)

—

Weekly
(Wednesday close)

130

120

-

-

120

110

-

-

110

100

-

90

-

100
f

90

-

80
70

80
. . . . .

1 . . . .

1975

.

i: Stand. & Poor's Corp.

i i i i i i t i i ii

1976

_l_4_ J „ 1 1 I 1 1 -J—I—L.L.
1 1 1 1 1 ' 1 1 1 JLJL-l—

1977

1978

MILLIONS OF SHORT TONS

Data: Amer. Iron & Steel Inst

W E E K L Y BUSINESS S T A T I S T I C S updates selected data that are published monthly

in the SURVEY OF C U R R E N T BUSINESS.


1978 .
J F M A M J

J

A S O N D

70

MILLIONS OF SHORT TONS

WEEKLY

2

BUSINESS STATISTICS1
1977

ITEM

May 21

WHOLESALE PRICES, 22 COMMODITIES 2/
1967=100.
9 Foodstuffs
do...
13 Raw industrials
do...
ALL RETAIL STORES, SALES
mil. $,
Nondurable goods stores
do...
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.

1978
May 28

219.7
219.7
219.6
13,466
8,650
294
3,098
2,408
154

216.9
219.5
215.0

May 6

May 13

May 20

13,701
8,737
299
2,949
2,291
215

226.0
240.5
216.3
14,867
9,653
269
2,430
2,094
151

14,656
9,465
267

104,144
123,023
37,265
256

104,497
119,918
37,429
21

e/104,350
~ 117,214
36,469
235

97.08
107.38

228.1
244.4
217.3

95,152
112,988
34,946
218

94,888
111,751
33,933
135

103,409
121,286
37,972
365

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

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

112,292
93,180
444,570
44,309
131,702
77,909

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

8.48
100.30
110.74

8.47
96.77
106.70

8.95
96.26
106.27

8.99
95.92
105.96

9.02
99.60
110*31

14,565
39,709
215,948

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

15,580
37,792
207,865
9.029

15,310
38,609
212,100
9,029

14,545
39,500
219,635
9,029

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

8,016

229.4
245.9
218.5

135

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...

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

May 27

225.0
237.9
216.5
14,595
9,588
292
2,423
2,151
108

Steel, raw
thous. sh. tons..
2,768
2,785
2,691
2,806
2,803
Rate of capability utilization 5/
.percent..
88.5
88.5
89.0
92.3
92.2
RAIL FREIGHT, REVENUE TON-MILES
bil..
17.2
18.1
18.0
ILL
mjL
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
1977

ITEM
Mar.

1978
Apr.

Jan.

Feb.

Mar. r/

Apr.

GENERAL BUSINESS INDICATORS
MANUFACTURERS' SHIPMENTS: 1/
Value (not seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Value (seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense

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

MANUFACTURERS' ORDERS: V
New orders, net (not seasonally adjusted):
Durable goods industries, total
do....
New orders, net (seasonally adjusted):
Durable goods industries, total
do....
Primary metals
Transportation equipment
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
Unfilled orders, end of month (unadjusted):
Durable aoods industries, total
do....
Unfilled orders, end of month (seasonally adjusted):
Durable goods industries, total
Primary metals
do....
Transportation equipment
r/ Revised. 1/ Data for April 1978 are advance estimates.
44257



61,177
9,349
15,408

58,640
9,067
14,377

54,426
8,305
13,140

62,766
9,515
15,313

67,473
9,957
16,675

68,803
10,276
17,193

58,428
8,757
14,500

56,999
8,687
13,692

59,973
8,776
14,420

63,077
9,591
15,176

64,457
9,310
15,676

66,899
9,849
16,393

3,645
16,791
14,140
2,651

3,508
16,583
14,088
2,495

3,911
17,974
15,296
2,678

3,951
18,459
15,690
2,769

4,296
18,978
16,095
2,883

4,400
19,732
16,728
3,004

61,808

60,407

58,378

66,343

71,712

71,187

59,294
8,970
14,809

58,800
8,661
15,115

r63,335
9,857
14,749

r66,681
9,946
16,392

69,016
10,228
18,085

69,311
10,187
17,442

3,551
17,149
14,611
2,538

3,575
17,966
14,687
3,279

3,994
19,382
16,511
2,871

3,998
20,538
17,882
2,656

4,262
21,992
17,507
4,485

4,557
21,078
17,101
3,977

169,681

171,448

188,433

191,804

196,039

198,423

169,938
17,322
53,083

171,739
17,296
54,506

188,194
19,594
60,856

191,798
19,948
62,072

196,359
20,866
64,480

198,778
21,204
65,532

MONTHLY BUSINESS STATISTICS — Continued

3
1978

1977
ITEM

Mar.

Apr.

Jan.

Feb.

Mar.

Apr.

2,702
110,365
79,490
30,875

2,769
111,748
80,089
31,659

3,472
r122,307
87,107
35,200

3,520
r124,388
89,301
35,087

r3,486
rl27,402
r90,712
r36,690

3,643
128,753
91,089
37,664

474
474
641
592
365
282
297
957

478
r482
r539
r577
359
277
319
967

465
423
530
404
306
314
424
1,024

482
427
518
425
313
320
441
1,020

r501
r445
r533
r433
r325
r328
460
1,006

521
467
662
428
338
338
442
1,017

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

471
577
544
240

473
577
551
232

509
624
613
218

539
624
661
235

560
624
700
238

576
618
730
245

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

590
562
583
686

597
565
592
r692

605
590
590
710

611
593
598
717

621
598
611
727

630
602
621
736

69

69

65

67

69

71

4.0

3.4
1.6
1.0

3.8
2.7
3.4
1.7
.9

3.7
2.4
3.5
1.5
1.2

3.2
2.2
3.1
1.4
.9

3.7
2.6
3.5
1.7
.9

4.2
3.0
3.8
1.9

4.0
3.0
3.8
1.9

4.0
2.9
3.6
1.9

4.0
3.0
3.8
2.0

4.0
3.0
3.8
2.0

number.

409

634

271

267

349

460

thous.
do...

236
2,204

187
2,676

87
4,689

70
4,221

126
4,290

132
2,055

mil. $. rll,058.2
do... rll,050.4
do... rlO,164.1

10,548.0
rl0,542.4
r9,953.2

9,366.9
9,364.4
10,014.3

9,518.5
9,514.6
9,922.4

12,079.4
12,074.2
10,912.1

12,069.7
12,064.2
11,634.9

rl,289.9
157.2
rl ,260.0
r291.0
rl32.2
r943.7
rl,003.1
r4,753.4
960.5
1,810.2

rl ,234.9
112.0
rl ,332.2
r397.9
rl02.8
r902.1
r967.9
r4,347.9
879.4
1,627.0

1,132.7
138.0
1,049.8
188.9
96.0
830.2
829.9
3,852.0

1,271.5
168.0
1,063.4
141.0
97.2
883.2
848.4
3,941.9

1,465.7
213.6
1,337.5
165.2
141.5
1,031.1
1,067.7
5,144.4

1,472.8
144.3
1,388.6
284.5
145.4
971.3
988.7
5,098.2

do... rl3,142.1
do... rl2,424,0

rll ,934.6
rll,797.7

12,717.7
rl2,380.9

13,286.4
r!4,440.2

14,547.3
r!3,699.3

14,486.0
14,496.1

rl,314.3
rl21.7
r652.8
r3,511.9
r36.5
r461.5
rl,712.1
r2,887.2

1,126.9
138.1
650.4
3,422.2
29.3
418.9
1,982.9
3,392.7

1,111.4
162.4
675.2
3,502.3
46.6
472.7
2,195.4
3,573.2

1,257.5
174.7
768.5
3,431.2
46.0
604.2
2,334.1
4,050.7

1,161.5
201.5
712.4
3,513.5
42.7
611.6
2,383.0
4,085.5

GENERAL BUSINESS INDICATORS-Con.
MANUFACTURERS' ORDERS—Con. ]_/
Unfilled orders, end of month (seasonally adjusted)—Con.
Supplementary series:
Household durables
mil. $.
Capi tal goods i ndustri es..
do...
Nondefense
do...
Defense
.
do...
COMMODITY PRICES
PRICES RECEIVED BY FARMERS, ALL FARM PRODUCTS...1910-14=100.
Crops
do...
Commerc i a 1 vege ta bl es
do...
Cotton
do...
Feed grains and hay
do...
Food grains
do...
Fruit
do...
Tobacco
do...
Livestock and products
Dairy products..
Meat animals
Poultry and eggs

PARITY RATIO

....do...

LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees
New hires
do..
Separation rate, total
do..
Quit
do..
Layoff
do..
Seasonally adjusted:
Accession rate, total
do..
New hires
do..
Separation rate, total
do..
Quit
do..
WORK STOPPAGES:
Number of stoppages:
Beginning in month
Workers involved:
Beginning in month
Days idle during month
FOREIGN TRADE
EXPORTS (MDSE.), INCL. REEXPORTS, TOTAL
Excl. Department of Defense Shipments
Seasonally adjusted
By commodity groups and principal commodities:
Food and live animals
Beverages and tobacco
Crude materials, inedible, exc. fuels
Mineral fuels, lubricants, etc
*
Animal and vegetable oils, fats, waxes
Chemicals
Manufactured goods
Machinery and transport equipment, total
Electrical
Transport equipment, total
GENERAL IMPORTS, TOTAL
Seasonal ly adjusted
By commodity groups and principal commodities:
Food and live animals
Beverages and tobacco
Crude materials, inedible, exc. fuels
Mineral fuels, lubricants, etc
Animal and vegetable oils and fats
Chemicals
Manufactured goods
Machinery and transport equipment

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

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

r/ Revised. 1/ Data for April 1978 are advance estimates.
447257




2.6

rl,147.1
rl55.4
r685.4
r4,774.8
r38.0
r439.9
rl,653.0
r2,996.5

4 MONTHLY BUSINESS STATISTICS—Continued
T978

1977

ITEM
Mar.

Apr.

Jan.

Feb.

Mar.

FINANCE
SECURITY MARKETS:
BONDS:
Domestic corporate (Moody's)
By ratings:
Aaa
Aa
A
Baa
By group:
Industrials
Public utilities
Railroads

percent.

8.51

8.49

8.74

8.78

8.80

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

8.10
8.28
8.55
9.12

8.04
8.28
8.55
9.07

8.41
8.59
8.76
9.17

8.47
8.65
8.79
9.20

8.47
8.66
8.83
9.22

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

8.36
8.66
8.26

8.32
8.65
8.17

8.60
8.87
8.20

8.65
8.90
8.32

8.66
8.93
8.41

200.20
186.95
129.90
117.50
1395.4

196.75
188.05
125.25
110.95
1466.9

230.55
205.45
146.25
130.95
1877.9

r234.40
r210.00
rl51.60
r!40.35
rl 960.7

p270.65
p241.60
pi 86.15
pi 68.75
p2045.2

62.55
53.00
53.30
49.15
213.6

55.15
51.35
51.50
45.70
217.3

83.80
76.35
63.00
55.55
394.9

r76.95
r71.30
r50.00
r44.30
r421.9

p68.90
p65.75
P72.70
P67.20
p418.1

METALS AND MANUFACTURERS
MACHINE TOOLS:
Metal cutting type tools:
Orders, new (net), total
Domestic
Shipments, total
Domestic.
Order backlog, end of month.
Metal forming type tools:
Orders, new (net), total
Domestic...
Shipments, total
Domestic
Order backlog, end of month.

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

r/. Revised, p/ Preliminary.
USC0MM--'DC— 44Z57

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C.

20402

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WEEKLY BUSINESS STATISTICS



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