The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MARCH 1, 1974 BUSINESS STATISTICS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS* U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS 1-43 = 10 1 9 4 1 - 4 3 = 10 150 140 - - 1973 Lx - — 130 AA~ X I 1974 1971 1972 Data: Standard & Poor's Group 1973 110 Weekly (Wednesday i i J i , I J F M A M J J 1974 1967=100 200 RAW STEEL PRODUCTION (ingots and all other forms) 150 120 100 ~ close) , , , , 90 A S O N D 1967 =100 200 _ - 150 1974 - 1973 - - I 1973 1972 1967=100 160 1974 50 Weekly Monthly 1971 Data: Amer. Iron & Steel Inst. ~ 100 I I 1 1 1 1 1 1 1 1 J F M A M J J A S O N D 0 Million 3.5 PRIVATE HOUSING STARTS 3.0 (seas, adj., atannual rates) 2.5 2.0 1.5 1.0 1971 Data: U.S. Dept. of Labor 1972 1973 1974 -.i....U,...L,L..I LJU—L-1 1 1 1 1 Ll l I II. JLULL 1 I 1 I 1 1 1 1 1 II I 1 i M l.J il, 1973 1971 1972 1974 Data: U.S. Dept. of Commerce * Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement and monthly data subsequent to those published in the latest monthly SURVEY provides selected weekly WEEKLY BUSINESS STATISTICS1 2 1974 1973 Feb. 16 Feb. 17 Feb. 24 Feb. 2 Feb. 9 1967=100.. 142.8 144.6 217.5 221.7 226.1 mil. $.. .do.... 8,687 5,725 8,853 5,648 8,934 6,021 8,556 6,025 8,876 6,183 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.. 243 2,246 381 2,722 2,550 170 459 2,781 2,607 198 352 194 221 2,268 2,078 188 264 FINANCE: Currency in circulation 3/ mil. $.. Federal Reserve bank credit outstanding, total 37...do.... Member bank reserve balances 3/ , do.... Excess reserves, estimated 3/.. do.... 64,673 77,661 31,809 187 64,743 77,927 32,038 505 69,931 85,880 36,151 276 69,935 85,004 35,445 101 70,500 85,662 35,367 319 Assets and liabilities of large commercial banks: 4/ Demand deposits, adjusted...... do.... Savings deposits. do. sa»0000s„. Loans and investments, gross adjusted, total do.... U.S. Government obligations. . do.... Commercial and industrial loans (gross) do.... Real estate loans (gross) do... . 96,616 58,183 312,349 27,134 94,816 46,889 95,634 58,110 312,045 25,813 95,252 46,897 99,325 56,810 351,606 25,687 109,471 55,627 97,417 56,916 353,584 25,546 109,698 55,698 95,586 56,950 352,287 25,466 109,873 55,678 Bond yields, domestic corporate (Moody's) 3/ percent.. Stock prices, 500 stocks (Stand. & Poor's) kj .1941-43=10.. Industrial, 425 stocks...... do.... 7.57 115.10 128.97 7.57 114.69 128.50 8.18 97.06 108.40 8.15 93.26 103.96 8.17 90,98 101.23 ....thous. sh. tons.. mil. kw. -hr.. number.. thous. bbl.. 10,975 36,947 223,826 9,329 11,060 35,814 218,150 9,389 12,475 34,363 152,610 9,234 11,805 36,343 112,920 9,212 12,295 35,673 138,953 9,153 .....thous. sh. tons.. 1967=100.. bil. . 118.2 2,883 2,908 119.2 15.9 2,900 118.9 2,838 116.3 2,906 119.1 16.7 WHOLESALE PRICES, 22 COMMODITIES 2/ - ALL RETAIL STORES, SALES... Nondurable goods stores PRODUCTION: Bituminous coal.. Electric power, by utilities Motor vehicles (passenger cars) Petroleum (crude) and condensate 3 Steel, raw Index of production........... RAIL FREIGHT, REVENUE TON-MILES. .. 1/ Data do not always cover calendar weeks. 2,060 16.0 2/ Tuesday price. 3/ Daily average. 16.6 16.8 4/ Wednesday data. MONTHLY BUSINESS STATISTICS 1973 1972 III IV I II III IV r/ GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT: SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES: GROSS NATIONAL PRODUCT, TOTAL..... bil. $, Personal consumption expenditures, total do... Durable goods, total do... Automobiles and parts... do.., Furniture and household equipment do... Nondurable goods, total... .do... Clothing and shoes do... Food and beverages. ..........do.., Gasoline and oil.. do.., Services, total do... Household operation .....do... Housing. do... Transportation do... Gross private domestic investment, total do.., Fixed investment do... Nonresidential do... Residential structures. do. . . Change in business inventories... do... Net exports of goods and services .....do... Exports. do... Imports. do... Gov't, purchases of goods and services, total...do... Federal do... National defense. do... State and local.... do... NATIONAL INCOME, TOTAL.. Compensation of employees, total Proprietors' income, total Business and professional Farm. Rental income of persons rj Revised. Digitized for 11,580 FRASER do... do... do. . . do... do... .do... 1,166.5 734.1 120.2 55.0 48.6 302.3 62.9 146.5 25.8 311.6 44.5 106.3 21.8 1,199.2 752.6 122.9 55.7 50.0 310.7 65.1 149.1 26.6 319.0 45.7 107.9 22.2 1,242.5 779.4 132.2 60.5 53.7 322.2 68.3 154.7 27.5 325.0 46.5 110.6 22.8 1,272.0 795.6 132.8 59.7 54.4 330.3 69.3 158.1 28.8 332.6 47.1 113.3 23.2 1,304.5 816.0 132.8 59.2 55.0 341.6 70.3 164.3 29.4 341.6 48.7 115.8 23.7 1,337.5 825.2 125.6 51.8 55.0 349.6 70.8 168.3 30.5 350.0 49.5 118.4 24.1 181.5 172.9 118.3 54.5 8.7 -3.8 74.0 77.7 254.7 102.3 71.9 152.4 189.4 181.2 124.3 56.9 8.2 -3.5 79.7 83.2 260.7 102.7 72.4 158.0 194.5 189.9 130.9 59.0 4.6 .0 89.7 89.7 268.6 105.5 74.3 163.0 198.2 193.7 134.1 59.6 4.5 2.8 97.2 94.4 275.3 107.3 74.2 168.0 202.0 197.3 138.0 59.2 4.7 7.6 104.5 97.0 279.0 106.8 74.2 172.2 213.9 195.9 141.8 54.0 18.0 12.8 116.4 103.6 285.6 106.8 73.0 178.8 949.2 713.1 74.1 54.3 19.8 24.9 978.6 731.2 77.1 55.3 21.8 24.9 1,015.0 757.4 80.6 56.3 24.3 24.7' 1,038.2 774.9 81.5 57.1 24.4 24.6 1,067.4 794.0 85.0 57.9 27.1 25.3 814.7 89.8 58.5 31.3 25.7 MONTHLY BUSINESS STATISTICS — Continued 3 1973 1972 ITEM III IV I II III 98.8 106.1 60.3 46.6 976.1 147.4 828.7 774.3 54.4 104.3 119.6 66.9 47.9 996.6 145.1 851.5 801.5 50.0 107.9 128.9 71.6 49.4 1,019.0 149.3 869.7 818.7 51.0 112.0 129.0 71.5 51.1 1,047.1 156.0 891.1 840.1 51.1 IV r / GENERAL BUSINESS INDICATORS- Con. NATIONAL INCOME AND PRODUCT—-Con. SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES- Con. NATIONAL INCOME, TOTAL—Con. Corp. profits and inventory valuation adj., total. ...bil. $.. do.... PERSONAL INCOME, quarterly total 91.5 98.4 55.6 45.7 943.7 142.8 800.9 755.1 45.8 1972 ...... 53.0 1,078.9 161.1 917.8 850.8 67.1 1974 1973 Dec. Jan. Oct. Nov. Dec. Jan. 34,636 5,051 9,134 35,061 5,242 9,784 42,285 6,345 11,158 41,356 6,383 10,911 r38,047 r6,072 r8,755 38,523 6,592 9,234 36,614 5,567 9,601 37,773 5,449 10,259 41,567 6,730 10,809 41,896 6,792 10,624 r40,203 r6,687 r9,156 41,584 6,862 9,764 2,825 10,681 9,121 1,560 2,835 11,295 9,597 1,698 3,152 12,096 10,386 1,710 •3,260 12,320 10,713 "1,607 r3,143 rl2,208 rlO,661 rl,547 3,179 12,687 11,050 1,637 36, 730 37,657 44,517 43,845 r40,009 41,106 38,325 5,557 10,226 39,218 5,694 10,657 44,037 6,868 11,368 44,315 6,730 11,573 r41,546 r6,597 r9,218 42,319 5,725 10,155 2,785 11,815 9,991 1,824 2,751 12,037 10,277 1,760 3,220 13,488 11,595 1,893 3,358 14,124 11,970 2,154 r3,015 rl2,912 rll,569 rl,343 3,243 14,008 11,834 2,174 81,345 83,941 105,436 107,921 rl09,886 112,467 81,986 7,964 26,107 83,431 8,209 26,505 107,185 14,996 30,437 109,606 14,934 31,385 rllO,953 rl4,844 r31,446 111,687 13,706 31,841 1,933 50,165 30,162 19,553 1,849 50,907 31,292 19,615 2,281 60,165 39,253 20,912 2,379 61,968 40,511 21,457 r2,254 r62,671 r41,419 r21,252 2,317 63,991 42,200 21,791 127.3 127.7 136.6 137.6 138.5 139.7 127.6 126.9 122.9 123.8 121.7 120.3 135.4 138.0 126.0 131.2 118.3 127.3 131.2 136.8 121.0 142.6 121.9 119.4 122.5 122.3 125.0 121.3 118.9 110.6 115.0 144.5 127.5 127.3 123.4 124.7 120.9 119.9 135.7 138.3 128.6 136.1 119.1 130.5 131.5 137.0 121.8 142.6 122.8 120.7 . 124.1 122.2 123.0 121.0 118.5 111.1 112.8 144.3 133.1 136.4 133.5 137.4 127.0 123.2 142.2 145.2 148.4 170o 7 137.3 138.8 138.1 144.7 125.9 151.5 128.6 141.1 127.4 126.7 129.6 125.0 122.9 111.9 118.5 145.2 134.0 137.5 134.7 138.9 128.5 123.3 143.0 146.1 150.0 167.4 141.2 143.7 139.4 145.6 126.3 152.6 132.1 155.6 129.8 127.5 130.5 125.8 123.8 112.2 116.1 144.6 rl34.8 138.4 1 135.7 140.3 130.0 123.2 143.8 146.9 151.3 165.8 144.9 145.3 rl40.6 146.4 126.9 153.6 rl35.9 172.8 131.0 128.0 130.5 126.7 124.6 112.0 112.6 146.5 135.6 139.7 137.0 142.1 131.3 123.3 144.8 148.0 153.7 169.2 146e 3 149.7 142.2 147.4 127.3 154.8 140.8 194.6 134.3 129.0 128.8 128.1 126.2 112.9 107.0 146.0 MANUFACTURERS' SHIPMENTS: 1/ Value (not seasonally adjusted): .....do.... Value (seasonally adjusted): Durable goods industries, total •....do.... Supplementary series: MANUFACTURERS' ORDERS: 1/ New orders, net (not seasonally adjusted): Durable goods industries, total New orders, net (seasonally adjusted): Supplementary series: Unfilled orders, end of month (unadjusted): Unfilled orders, end of month (seasonally adjus ted): Supplementary series: COMMODITY PRICES CONSUMER PRICE INDEXES: Unadjusted indexes: .1967-100.. Special group indexes: Food Shelter Rent.. .. Public rJ Revised. _1/ Data for Jan. 1974 are advance estimates. 4 MONTHLY BUSINESS STATISTICS—Continued 1974 1973 1972 Dec. Jan. Jan. COMMODITY PRICES--Con. CONSUMER PRICE INDEXES--Con. Unadjusted indexes--Con. Health and recreation...................... Medical care............................. Personal care............................ Reading and recreation... PURCHASING POWER OF THE DOLLAR AS MEASURED B Y — Consumer prices................................ 124.1 132.1 140.6 127.3 127.2 132.6 140.9 128.1 127.5 133.0 141.4 129.2 127.6 133.7 142.2 129.8 128.3 $0,786 $0,783 $0,732 $0,727 $0,722 $0,716 .thous. ..do... ..do... 152.7 150.5 73.2 147.3 146.6 77.1 149.5 147.1 86.0 rl34.6 rl33.3 r70.5 r90.5 r90„4 r46.4 87.8 86.0 43.8 ..do... ..do... 2,369 1,207 2,497 1,450 1,646 956 rl,675 r938 rl,400 r 760 1,486 803 ..do. ..do. 2,399 1,001 2,233 1,062 1,316 654 rl,314 r647 rl,237 r606 1,354 641 141.9 111.5 142.3 111.3 149.6 109.5 rl50.3 109.1 rl51.3 rl09.3 pl5l.8 pl08.5 138.75 109.05 139.11 108.79 147.26 107.80 148.03 107.52 148.74 107.45 pl47.13 pl05.18 123.44 96.78 122.51 95.81 128.82 94.30 129.42 94.00 129.96 93.88 pl28.72 p92.02 ...1967=100. .......do... .......do... .......do... 127.5 134.4 121.5 124.0 127.8 134.9 .1967=$!.00. 121.8 CONSTRUCTION AND REAL ESTATE NEW HOUSING UNITS STARTED: Unadjusted: Total (private and public)................... Privately owned............................ One-family structures.................... Seasonally adjusted at annual rates: Total privately owned........................ One-family structures...................... NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING PERMITS (14,000 permit-issuing places): Seasonally adjusted at annual rates: Total........................................ One-family structures...................... LABOR FORCE, EMPLOYMENT, AND EARNINGS Earnings per production or nonsupervisory worker on payrolls of private nonfarm establishments: Average hourly earnings index, seasonally adjusted: Current dollars. ..1967=100. 1967 dol1ar s.......................................... do... Gross average weekly earnings: 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........................ xj Revised, p/ Preliminary. USC0MM—DC—11,580 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS W A S H I N G T O N , D.C. 20402 POSTAGE AND FEES PAID U.S. GOVERNMENT PRINTING OFFICE 375 OFFICIAL BUSINESS First-Class Mail '^e-vsi* WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS