View original document

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

March 14, 1969

BUSINESS
STATISTICS

A WEEKLY
SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U. S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
BUSINESS

INDICATORS

1957-59 = 1

1957-59 = 100
220 ~ ELECTRIC POWER PRODUCTION (by utilities)
(E. E. 1. seas. a d j . i n d e x )

^

210

A

200

/N.

-

/ ^

-

y-S

-

/

190

-

180
Monthly

170
1

1 1 I

1 !

i

1 1 l !.,„.

1

1

1

1

1966

>

1

1

1

1

1

i

_J_J—1—1

1 1 1 1—(™J—1—1.....i

1968

1967

_

1—1 .1 J—1—L_L™L™JL™J

1969

Edison Electric Inst.

Thousands
350

Thousands
1,400 I
MOTOR VEHICLE PRODUCTION
1,200
(cars, trucks coaches; U.S. plants)
1,000
800
600 h
400
200

Monthly
J

I

l—J

I

I

I

I

I

L. J_J

I

I

I

L_JJ _ L I

1966

I L

_J

1967

I

I

I

I

I

i

i

i

i

1968

i

J F M A M J J A S O N D

1969

Data: Automobile Mfrs. Assn.

Billion$
100

Billion$
NEW CONSTRUCTION

Dollars
3.40
MANUFACTURING HOURS &
EARNINGS

80

(Seas, adj., at annual rates)

3.20
H 60

Hours
48

Average Hourly
Gross Earnings
(left scale)

3.00

Total Put in Place
(left scale)

60

40
Private Residential (nonfarm)
(right scale) \
'
I

42

j\„^-|/V^S

2.60

1966

II I I I I I I II

1967

Data: U.S. Dept. of Commerce

I IIII I I

1968

i i i i I i i i i

2.40

40

Average Hours Per Week
(right scale)

20
I I 1 I I I

44

2.80

_

40

46

|~~ (Hours seasonally adjusted)

I II I I 1 I I I I I I M I I I I I II M I II I I I I I

1969

1966
Data: U.S. Dept. of Labor

* 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

1967

1968

linn
1969

38

2

BUSINESS STATISTICS1

WEEKLY

1968

1969

ITEM
Mar.,9

Mar. 2
WHOLESALE PRICES, 22 COMMODITIES 2/..............1957-59=100..
ALL RETAIL STORES, SALES
Nondurable goods stores.

103.7

5,975
4,040

5,954
4,047

6,036
4,067

6,249
4,145

208
1,566
1,469
274

220
1,589
1,498
185

199
1,549
1,459
214

45,817
50,779
25,636
313

45,837
51,363
25,797
316

49,307
55,670
27,225
176

49,377
56,345
27,582
349

49,148
55,732
27,074
176

75,908
48,765
203,838
28,811
65,005
29,315

75,024
48,741
203,383
28,168
65,274
29,110

80,612
48,307
223,417
26,797
73,364
32,296

77,991
48,317
220,843
25,416
73,593
32,420

79,801
48,335
220,791
25,146
73,709
32,479

6.38
90.08
97.62

6.38
89.26
96.82

6.94
103.63
112.51

6.93
100.65
109.28

6.94
98.45
106.95

1,838
25,061
225,594
9,530

1,860
24,513
224,117
9,470

1,768
27,375
210,960

1,703
27,269
215,724
8,918

1,453
27,005
223,852
8,903

2,862
153.6
14.7

2,883
154.8
14.3

2,697
144.8
14.2

2,755
147.9
14.1

2,750
147.6
14.1

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).....do....

199
1,610
1,513
224

Bond Yields, domestic corporate (Moody's) 2 /
percent..
Stock prices, 500 stocks (Stand. & Poor's) hj...1941-43=10..
Industrials, 425 stocks
.do....
PRODUCTION:
Bituminous coal 2 /
Electric power, by utilities.
Motor vehicles (cars, trucks, buses)
. Petroleum (crude) and condensate jj

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

Steel, raw.
.thous. sh. tons..
Index of production..........................1957-59^=100..
RAIL FREIGHT, REVENUE TON-MILES....
..
.
.......bil..
1/ Data do not always cover calendar weeks. 2/ Tuesday price

MONTHLY

Mar. 1

103.1

6,049
4,002

Assets and liabilities of large commercial banks: ij
Demand deposits, adjusted.
.mil. $..
Savings deposits
„
.do....
Loans and investments (adjusted), total.
„ .do....
U.S. Government obligations
.do....
Commercial and industrial loans (gross)
.do....
Real estate loans (gross)
.do....

Feb. 22

102.6

96.4

mil. $..
do....

FINANCE:
Currency in circulation 2/.
......mil. $..
Federal reserve bank credit outstanding, total %/.....do....
Member bank reserve balances %/<,
.do.'....
Excess reserves, estimated 2/;
.do....

Feb. 15

96.9

3/ Daily average, jj

207

""l79

Wednesday data.

BUSINESS STATISTICS
1968

1967

1969

ITEM

Jan.

Dec.

Oct.

Nov.

Dec.

Jan.

CONSTRUCTION AND REAL ESTATE

6,407
4,441
2,191
1,742

5,605
3,819
1,859
1,465

8,014
5,423
2,695
2,130

r7,827
r5,260
2,628
2,102

r6,677
r4,890 1
r2,489
rl,994

6,027
4,231
2,122
1,714

1,492
521
573
1,966

1,342
431
525
1,786

1,808
538
'S44
2,591

1,752
543
798
r2,567

rl,583
r529
r692
rl,787

1,454
453

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

81.2
54.0
27.6

82.9
55.3
27.0

87.2
59.5
30.0

r89.6
r59.4
30.6

r84.0
r59.4
r31.4

89.0
61.3
30.8

..........do....
Commercial.............................. ..........do....

17.4
5.8
6.7

19.3
6.3
7.7

19.7
6.1
8.9

19.2
6.3
8.3

rl8.4
r5.9
r8.0

21.0
6.7
9.3

27.2

27.6

27.7

r30.1

r24.7

27.6

5,896

3,492

6,387

6,649

5,461

4,405

127

127

rl35

rl35

rl35

138

133.7
134.6
134.2
131.1

142.2
143.3
142.4
140.3

142.3
143.4
142.4
140.3

144.1
143.1
141.1

146.3
144.5
143.2

131.4

141.6
I56.6

141.7
156.7

143.1
158.0

*r 145.0
*r160.0

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL. . . . . . . . . m i l .
R e s i d e n t i a l (nonfarm)

$..

.
.....do....
..........do....
....do....
do„...

NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT AMJUAL

NEW CONSTRUCTION PLANNING
CONSTRUCTION COST INDEXES:
DEPARTMENT OF COMMERCE COMPOSITE..
. . . . . . ...1957-59=100..
E . H. Boeckh and A s s o i c a t e s , I n c . :
Average, 20 c i t i e s :
All types c o m b i n e d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d o . . . .
Apartments, h o t e l s , o f f i c e b u i l d i n g s . . . . . . ' . . " . . . ' . d o . ' . . .
Commercial and f a c t o r y b u i l d i n g s . . . . . .
E n g i n e e r i n g News-Record:
Building

r/ Revised.

do....

133.9
134.7
• 134.4
131.2

!
1

130.4
144.5

1

145.7

632

1,796

1/ Except farm and public utilities, 2/ Data for Oct. I968 and Jan. 1969 are for 5 weeks; other months, 4 weeks, *Index as

ofFRASER
Feb. 1, 1969: Building, 146.0; construction, 161.7.
Digitized for
6321


MONTHLY

BUSINESS

STATISTICS—Continued

3

1968

1969

ITEM
Jan.

Feb.

Nov.

Dec.

Jan.

LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, 16 years of age and over,
not seasonally adjusted.,........................Oo. .thous.
Civilian labor force.
.do...
Employed, total.
.do...
Nonagricultural employment
„
do...
Agricultural employment
do...
Unemployed (all civilian workers)
do...

79,811
76,347
78,273
69,908
3,366
3,074

77,402
74,114
70,653
3,462
3,288

82,702
79,185
76,609
73,001
3,607
2,577

82,618
79,118
76,700
73,421
3,279
2,419

81,711
78,234
75,358
72,192
3,165
2,876

do.
do.
do.
do „

77,881
75,086
71,124
3,962

78,569
75,640
71,566
4,074

79,042
76,388
72,682
3,706

79,368
76,765
72,923
3,842

79,874
77,229
73,477
3,752

Unemployed (all civilian workers)
do.
Long-term, 15 weeks and over
.do.
Rates (unemployed in each group as percent of total
in that group):
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes, 16-19 years

2,795
471

2,929
453

2,654
348

2,603
322

2,645
316

3.6
2.3
4.0
11.6

3.7
2.3
3.9
12.7

3.4
2.0
3.5
12.2

3.3
1.8
3.5
12.7

3.3
2.0
3.5
11.7

Married men
Nonwhite workers.
"White workers

1.7
6.6
3.2

1.7
7.1
3.3

Occupation: White-collar workers.
Blue-collar workers..

.2.0
4.3

Industry: Private nonfarm wage and salary workers.
Construction.
Manufacturing
Durable goods
..

3.7
8.0
3-3
2.8

3.8
7.4
3.5
3o3

EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS) :
Total, seasonally adjusted............................thous..
Mining.
„%
....do....
Contract construction
.do....
Manufacturing.
.do... „
Durable goods industries...........................do....
Nondurable goods industries
do....

67,058
604
3,107
19,612
11,541
8,071

67,600
608
3,388
19,612
11,514
8,098

68,955
637
3,279
19,871
11,661
8,210

r69,310
r638
r3,387
rl9,974
rll,724
r8,250

r69,618
r643
r3,369
rl9,988
rll,789
r8,199

Transportation, communication, electric, gas, etc....do....
Wholesale and retail trade
.do....
Wholesale trade.
.do..
Retail trade
.do..

4,317
13^818
3,586
10,232

4,342
13,920
3,619
10,301

4,392
14,326
3,722
10,604

r4,400
rl4,271
r3,725
rlO,546

1-4,394
rl4,449
r3,751
rlO,698

Finance, insurance, and real estate
Services
„.
Government
Federal
State and local

.do..
.....do....
do..
do.«
do....

3,291
10,331
11,978
2,721
9,257

3,304
10,405
12,021
2,721
9,300

3,426
10,702
12,322
2,696
9,626

r3,442
12,443
2,715
9,728

r3,460
rlO,791
rl2,524
r2,760
r9,764

PRODUCTION WORKERS (MFG. PAYROLLS), TOTAL, seas, adj do...
Durable goods industries
.do...
Nondurable goods industries
do...
HOURS (GROSS), AVG. WEEKLY PER PROD. WORKER (MFG. PAYROLLS):
Manufacturing, seasonally adjusted
.hours.
Overtime hours
.do...
Durable goods industries
.do...
Overtime hours
.do...
Nondurable goods industries
.do...
Overtime hours
.do...
MAN-HOUR INDEXES, AGGREGATE WEEKLY, seas, adjusted:
Manufacturing.
.1957-59=100.
Durable goods industries
do...
Nondurable goods industries
do...
HOURLY EARNINGS (GROSS), AVG. PER PROD. WORKER ON PAYROLLS:
Manufacturing, not seasonally adjusted
.dollars.
Excluding overtime.
0 „ „. .do...
Durable goods industries
do...
0
Excluding overtime
.do...
Nondurable goods industries
„ „ do...
Excluding overtime.
.do...

14,405
8,420
5,985

14,393
8,382
6,011

14,568
8,475
6,093

rl4,663
r8,535
r6,128

rl4,673
r8,587
r6,086

40.2
3.5
40.9
3.7
39.2
3.3

40.8
3.5
41.4
3.6
40.0
3.2

40.8
3.8
41o7
4.1
39.7
3.4

40.7
1-3.7
r41.2
r3.8
39.9
3.4

r40.6
3.7
r41.2
1-3.9
1*39.7
r3.6
rll9.0
rl25.0
rill. 2

Civilian labor force, seasonally adjusted
Employed, total
Nonagricultural employment
„
Agricultural employment

„

FINANCE
Bank debits to demand deposit accounts, except interbank
and UeS. Govt= accounts, annual rates, seas, adj.:
Total (233 SMSA's)
....Ml. $.
New York SMSA
.do...
Total 232 SMSA's (except N.Y.)
do!.!
6 other leading SMSA's
do...
226 other SMSA's
do...
r/ Revised. JD/ Preliminary.
6321



115.
121.
107,

1.4
6.0
3.0
1.9
3.6

117.3
122.5
110.5

118
124
111

no, 755

rll9.1
rl24.3
rll2.4

2.94
2.83
3.13
3.00
2.67
2.57

2.94
2.83
3.12
3.00
2.68
2.58

3.08
2.94
3o28
3.12
2.81
2.69

r3.11
r2.97
r3.31
r3.15
2.82
r2.71

3.12
2.99
3.31
3.17
2.83
2.72

7,369.4
3,323.4
4,046.0
1,584.8
2,461.2

7,263.9
3,216.8
4,047.1
1,593.3
2,453.8

8,540.1
3,925.9
4,6L4.2
1,094.1
2,710.1

8,752.9
4,076.8
4,676.1
1,902.4
2,773.7

8,733.3
3,896.7
4,836.6
2,007.7
2,828.9

1/ Data for Feb. 1969 are advance estimates.

MONTHLY BUSINESS STATISTICS—Continued

4

1968

1969

ITEM
Jan.
FINANCE—Con o
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM):
Total outstanding, end of montho....................mil. $
Installment credit, total*......................... Odo0«,
Installment credit, extended and repaid:
Unadjusted:
Extended, total,.............. .. •......... ..........do..
Repaid, total.. .................................. ...do..
Seasonally adjusted:
Extended, total.....................................do..
Repaid, total.......................................do..
Turnover of demand deposits except interbank and U.S. Govt.,
annual rates, seasonally adjusted:
Total (233 SMSA's).............ratio of debits to deposits
New York SMSA.
do..
Total 232 SMSA «s (except N.Y.)......................do..
6 other leadings SMSA's...........................do..
226 other SMSA's................................. .do.„
SECURITY MARKETS:
BONDS:
Prices (Stand. & Poor's Corporation):
Industrial, utility, and railroad (AAA issues):
Composite.........................dol. per $100 bond
Domestic municipal (15 bonds).....................do..
STOCK:
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corporation)..............percent,
Prices:
Dow-Jones averages (65 stocks).........................
Industrial (30 stocks)...............................
Public utility (15 stocks)...........................
Railroads (20 stocks).
New York Stock Exchange common stock indexes:
Composite..............................„.12/31/65-50,
Industrial....................................do...
Transportation.
.do..,
Utility.
.do..,
Finance.
.do...

Feb*

Nov.

Jan.

Dec.

Feb.

101,260
80,379

100,771
80,233

110,035
87,953

113,191
89,890

112,117
89,492

6,782
7,329

6,716
6,862

8,166
7,271

9,568
7,631

7,557
7,955

7,453
7,054

7,847
7,111

8,288
7,454

8,277
7,502

8,371
7,730

r59*5
rl26.5
r41.7
r56.2
r35.6

r60.1
129.2
42.1
r56.5
36.1

66.5
144.6
44.9
63.O
37.4

65.9
147.7
44.5
61.1
37.5

64.9
137.0
45.7
65.7
38.3

77*2
95.5

77.5
94.8

75.7
91.2

72.8
89.2

72.3
88.0

71.8
86.4

5.70

5.65

5.82

5.93

5.93

5.94

312.05
884.77
132.48
233.76

299,84
847.20
128.87
224.63

344-39
964.12
137.57
270.51

347.57
968.39
138.26
275.36

337.64
934.99
135.62
268.78

337.85
931.29
136.89
269.75

53.24
55.45
47.90
44.87
55.89

50.68
52.63
45.15
43.36
53.88

59.44
61.97
55.96
47.18
79.55

60.32
63.21
57.30
46.73
79.00

57.82
60.32
56.35
45.64
75.58

57.33
59.61
56.18
45.98
75.26

r/ Revised.
USCOMM—DC—6321

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON, D.C. 20402
OFFICIAL BUSINESS

First-Class Mail

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




POSTAGE A N D FEES PAID
U.S. GOVERNMENT PRINTING OFFICE