The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
March 18, 1977 ^*T0FC%. A WEEKLY SUPPLEMENT TO THE BUSINESS STATISTICS STATES* SURVEY OF CURRENT BUSINESS* U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS BILLIONS OF DOLLARS BILLIONS OF DOLLARS 500 500 Monthly average o f Wednesday d a t a ) - TOTAL LOANS A N D INVESTMENTS ( W e e k l y R e p o r t i n g M e m b e r Banks o f F e d e r a l Reserve System) 475 450 - - 425 - - 400 -*v /* - 375 350 _ = w ^ - 325 300 ^ J L 1 1 1—1 1 L - J 1—1 !— —L_J—L™1™J 1974 Data: Federal Reserve Board L j 1 1—1—I— -J—i—L..1 ,1 , 1 ! 1975 I™-L™L_J™ 1 1 1 1 1 1 1. L _ i - J L ^ l ^ . 1976 J F M A M J 1977 INDEX, 1941-43=10 J A S O N D INDEX, 1941-43=10 140 140 PRICES OF 4 0 0 130 INDUSTRIAL STOCKS Monthly ( a v g . o f d a i l y close) — - 120 110 100 v\ • y^\s^ ^A / - 90 \ / - 80 70 —I_J—i—i—i . I . I i i . i i 1 1 . 1 1 1 1 1974 Data: Stand. & Poor's Corp. 1 1 1 1 1 1 1975 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1976 1967 = 100 1 1 1 1 j J F M A M J J 1977 A S O N D BILLIONS OF DOLLARS 220 WHOLESALE PRICES SALES OF RETAIL STORES 60 200 " (seasonally a d j u s t e d ) Form Products and Processed Foods and Feeds Total ~*^S 50 180 Industrial Commodities 160 40 140 -»o. 1974 U.S. Dept. of Labor i i 11 i i i i i I i 1975 1976 I'I i i I 1977 _ULAJLIJLLLJLI_I- provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY Goods -J 1 J-J u L u , J - i - i I . 1 1 1 I I 1 1 M M 1974 1975 Data: U.S. Dept. of Commerce * Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement -'"""\ Nondurable 30 120 I i M i \ I i i i i i h, **•* A All Commodities 1976 l l i i i 1 i i i i I 1977 WEEKLY BUSINESS STATISTICS1 2 1976 Mar. 6 1977 Feb. 19 Mar. 13 Feb. 26 Mar. 12 Mar. 5 1967=100 do. . do.. 193.7 199.8 189.4 195.3 201.9 190.7 213.4 208.6 216.7 212.5 205.4 217.5 215.5 207.3 221.3 mil. $ do. . 11,292 7,758 11,412 7,609 12,237 8,133 12,533 8,094 12,451 8,325 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 367 4,574 3,599 228 343 4,455 3,485 208 423 4,340 3,566 175 361 4,396 3,574 140 368 183 238 e92,281 106,929 33,626 294 WHOLESALE PRICES, 22 COMMODITIES 2/ 9 Foodstuffs 13 Raw industrials ALL RETAIL STORES, SALES Nondurable goods stores 217.3 210.2 222.2 FINANCE: Currency in circulation 5/ mil. $ Federal Reserve bank credit outstanding, total 3/ do.. Member bank reserve balances 3/ do. . Excess reserves, estimated 5/ 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. . 84,077 102,832 34,088 410 84,776 99,358 33,379 103 91,968 107,838 34,567 174 91,833 110,042 34,202 277 91,822 110,381 34,088 162 102,048 76,372 377,609 40,592 116,806 59,906 104,131 76,469 381,558 40,265 115,919 59,614 106,505 92,082 398,2 36 49,273 115,027 64,365 104,560 92,379 396,727 48,761 115,490 64,422 107,173 92,637 399,377 49,631 116,193 64,459 Bond yields, domestic corporate (Moody's) 3/ percent Stock prices, 500 stocks (Stand. $ Poor's) 4/...1941-43=10 Industrial, 400 stocks do. . 9.20 99.98 112.38 9.20 100.94 113.57 8.48 101.50 112.77 8.50 100.19 111.33 8.51 100.39 111.72 12,160 36,420 174,481 8,039 13,235 37,511 184,634 8,049 12,450 40,603 199,617 7,947 12,475 39,155 200,126 7,947 13,285 39,309 204,095 8,125 2,468 82.7 2,538 85.0 2,260 73.6 2,306 75.1 2,358 76.8 15.1 15.3 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 Steel, raw .. .. . Rate of capability utilization 5/ RAIL FREIGHT, REVENUE TON-MILES thous. sh. tons percent bil 8.52 100.10 111.30 204,138 2,368 77.1 15.6 1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data. 5/ Capaiblity for a full order book based on current availability of raw materials, fuels, supplies, and industry facilities, e/ Estimated. MONTHLY BUSINESS STATISTICS 1976 1977 ITEM Jan. Dec. Feb. Feb. COMMODITY PRICES SPOT MARKET PRICES, BASIC COMMODITIES: 22 Commodities 9 Foodstuffs 13 Raw industrials WHOLESALE PRICE INDEXES: ALL COMMODITIES Farm products Food and feeds, processed Industrial commodities Chemicals and allied products Fuels and related products, and power 1967=100 do.. do. . 190.4 200.5 183.6 193.2 202.9 186.6 197.2 191.7 201.0 200.6 196.7 203.2 207.3 203.0 210.2 do. . do.. do. . do.. do. . do. . 179.3 192.8 179.4 177.3 184.2 257.3 179.3 191.0 176.4 178.0 184.9 255.7 185.6 183.6 174.8 187.0 188.7 281.8 187.1 191.6 179.0 187.4 188.4 278.8 188.0 193.5 179.3 188.4 188.9 278.7 190.0 199.0 181.9 189.9 189.8 289.0 do. . do.. do.. do.. do. . 143.1 157.5 190.5 167.0 187.7 143.4 159.9 196.0 167.7 189.2 147.4 169.7 214.3 174.7 199.9 147.8 171.5 219.9 175.5 200.8 148.6 174.5 222.7 177.0 201.8 149.1 176.7 224.2 177.5 203.0 Nonmetallic mineral products do. . Pulp, paper, and allied products do. . Rubber and plastics products do. . Textile products and apparel do.. Transportation equipment Dec. 1968=100 Motor vehicles and equipment 1967=100 PURCHASING POWER OF THE DOLLAR AS MEASURED BY— Wholesale prices 1967=$1.00 181.1 174.8 152.4 145.1 148.7 151.3 181.3 175.8 154.2 146.3 148.8 151.3 189.1 181.7 164.8 149.8 156.2 159.1 189.5 182.0 164.6 149.5 157.0 159.5 192. 182. 164. 150. 157. 159.2 193.4 183.0 164.0 151.1 157.2 159.4 $0,558 $0,558 $0,539 $0,534 $0,532 $0,526 DOEMSTIC TRADE RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED) , TOTAL 1/ Durable goods stores Automotive dealers Furniture, home furn., and equip, stores Building materials and hardware dealers 46,767 14,213 8,299 2,138 1,710 45,243 14,764 8,954 2,064 1,773 56,186 17,844 10,216 2,596 2,461 r68,171 rl9,639 rl0,265 r3,187 r2,386 r49,129 rl5,587 r9,610 r2,143 1,774 48,871 16,436 10,426 2,084 Furniture and household durables Hides, skins, and leather products Lumber and wood products Machinery and equipment Metals and metal products r/ Revised. 84,243 mil. $ do. . do.. do. . do.. 1/ Data for Feb. 1977 are advance estimates. MONTHLY BUSINESS STATISTICS —Continued 3 1977 1976 ITEM DOMESTIC TRADE--Con. RETAIL TRADE, ALL RETAIL STORES--Con. ESTIMATED SALES (UNADJUSTED)—CON. 1/ Nondurable goods stores Apparel and accessory stores Drug and proprietary stores Eating and drinking places Food stores. Gasoline service stations General merchandise group with nonstores 32,554 1,976 1,481 3,889 11,723 3,654 6,247 30,479 1,768 1,462 3,723 10,507 3,475 6,213 38,342 2,574 1,636 4,248 11,483 4,064 10,499 r48,532 r4,147 r2,357 r4,495 rl3,210 r4,248 rl5,342 r33,542 rl,976 1,587 r4,062 rll,458 r3,977 r6,511 51,592 16,730 9,605 2,273 2,255 34,862 2,311 1,522 4,213 52,601 17,397 10,346 2,332 2,291 55,573 18,157 10,501 2,512 2,468 r57,898 rl9,730 rl2,014 r2,516 r2,528 r56,570 rl8,950 rll,599 r2,370 2,357 11,433 3,867 8,022 35,204 2,369 1,572 4,174 11,424 3,861 8,401 37,416 2,418 1,710 4,415 11,887 4,118 9,008 r38,168 r2,473 rl,733 r4,518 rl2,188 r4,274 r9,153 r37,620 r2,402 1,699 r4,444 rll,807 r4,272 r8,919 do,. do. . 73,187 75,292 75,366 76,243 85,643 81,660 80,855 82,405 do.. do.. 14,124 15,663 13,349 16,079 18,180 17,134 r24,522 rl7,602 14,565 17,186 thous do. . do. . do. . do.. do.. 94,805 92,665 84,491 97,786 95,637 88,542 3,081 85,460 7,095 97,662 95,517 88,494 2,853 81,638 8,174 94,944 92,798 84,764 2,802 81,963 8,033 2,850 85,645 7,022 96,837 94,704 86,856 2,672 84,184 7,848 do. . do. . do. . do. . do. . '. do. . 93,473 86,226 3,305 82,921 7,247 2,781 93,597 86,471 3,198 83,273 7,126 2,531 95,871 88,220 3,248 84,972 7,651 2,517 95,960 88,441 3,257 85,184 7,519 2,514 95,516 88,558 3,090 85,468 6,958 2,283 mil. $ do. . do. . do. . do.. .. . .do. . do. . ESTIMATED SALES (SEAS. ADJ.) , TOTAL 1/ Durable goods stores Automotive dealers Furniture, home furn., and equip, stores Building materials and hardware dealers do. . do. . do. . do.. do.. Nondurable goods stores Apparel and accessory stores Drug and proprietary stores Eating and drinking places Food stores Gasoline service stations General merchandise group with nonstores do. . do. . do. . do.. do. . do.. do. . ESTIMATED RETAIL INVENTORIES, END OF MONTH: Unadjusted, total Adjusted, total RETAIL FIRMS WITH 11 OR MORE STORES: Estimated sales (unadjusted), total Estimated sales (seasonally adjusted), total LABOR FORCE, EMPLOYMENT, AND EARNINGS LABOR FORCE, total, persons 16 years of age and over, not seasonally adjusted Civilian labor force Employed, total Agri cul ture Nonagricultural industries Unemployed Civilian labor force, seasonally adjusted Employed, total Agriculture Nonagricultural industries Unemployed Long-term, 15 weeks and over Rates (unemployed in each group as percent of total in the group): All civilian workers Men, 20 years and over Women, 20 years and over Both sexes, 16-19 years White Negro and other races 7.8 5.9 7.5 19.4 7.1 13.2 7. 5. 7. 19. 6. 13. 8.0 6.3 7.6 19.2 7.3 13.5 7.8 6.2 7.4 19.0 7.1 13.4 7.3 5.6 6.9 18.7 6.7 12.5 4.1 4.6 9.4 8.1 15.7 8.2 8.3 4.2 4.6 9.3 7.9 15.9 7.9 8.0 4.5 4.7 9.7 8.2 15.4 8.2 7.7 4.3 4.5 9.6 7.9 14.1 8.2 8.0 5 4 4 9 9 5 thous do. . do. . do. . do. . do. . 78,406 63,551 44,847 23,066 767 3,595 78,635 63,775 45,001 23,112 767 3,571 80,106 65,070 46,005 23,489 805 3,619 r80,344 r65,298 r46,203 r23,508 808 r3,605 r80,559 r65,540 r46,328 r23,574 r817 r3,545 do. do. 18,774 10,857 19,065 11,128 7,917 7,937 rl9,095 rll,158 7,937 rl9,212 rll,231 do. 18,704 10,810 7,894 do. do. do. do. do. 55,340 4,489 17,388 4,214 13,174 55,523 4,504 17,496 4,231 13,265 56,617 4,519 17,808 4,291 13,517 r56,836 r4,553 r56,985 r4,549 rl7,898 r4,304 rl3,594 rl7,985 r4,322 rl3,663 do. do. do. do. do. 4,266 14,342 14,855 4,266 14,397 14,860 2,742 12,118 4,381 14,873 15,036 2,734 12,302 r4,403 rl4,936 rl5,046 2,720 rl2,326 r4,425 rl5,007 rl5,019 r2,721 rl2,298 Married men, wife present Occupation: White-collar workers Blue-collar workers Industry: Private nonfarm wage and salary workers .... Construction Manufacturing Durable goods EMPLOYEES ON PAYROLLS OF INUWAGRIC. ESTAB.,SEAS. ADJ Private sector Nonmanufacturing industries Goods -producing Mining Contract construction Manufacturing Durable goods Nondurable goods Service-producing Transportation, communication, e l e c , gas, etc Wholesale and retail trade Wholesale trade Retail trade Finance, insurance, and real estate Services Government Federal ; State and local r_/ Revised, p/ Preliminary. 84,243 2,749 12,106 1/ Data for Feb. 1977 are advance estimates r7,981 MONTHLY BUSINESS STATISTICS—Continued 4 1976 Jan, FINANCE CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM) : Installment credit, extended and repaid: Unadjusted: Extended, total. ...................mil. $ Repaid, total do.. Seasonally adjusted: Extended, total........................................ do. . Repaid, total.......................................... do. . Installment credit, total, outstanding.....................do. . SECURITY MARKETS: STOCKS: Prices: Standard § Poor's Corporation: Combined index (500 Stocks).................. 1941-43=10 Industrial, total (400 Stocks).................. .do.. Capital goods (111 Stocks).................... .do. . Consumer goods (189 Stocks)................... .do.. Utilities (40 Stocks)............................do.. Transportation (20 Stocks).................... 1970=10 Railroads (10 Stocks).................... 1941-43=10 Financial (40 Stocks) ..................... 1970-10 New York City banks (6 Stocks)........... 1941-43=10 Banks outside N.Y.C. (10 Stocks) ...........do.. Property-Casualty Insurance (6 Stocks) ......... .do. . TRANSPORTATION EQUIPMENT Passenger cars(new): Retail sales, total, not seasonally adj .................thous Domestics do. . Imports do. . Total, seas, adjusted at annual rate................... .mil Domestics ............................................do. . Imports. do. . Retail inventories, end of mo., domestics: Not seasonally adjusted...............................thous Seasonally adjusted....................................do. . Inventory-retail sales ratio, domestics Nov. Feb. 12,540 13,950 12,576 12,997 15,952 14,550 18,309 14,867 14 085 14 884 15,123 14,029 160,824 15,045 13,923 160,402 15,763 14,520 175,333 16,702 14,879 178,775 16 870 14 952 177 975 96.86 108.45 108.41 91.03 46.99 100.64 112.96 116.68 93.47 47.22 41.42 43.40 52.23 93.38 100.69 104.66 116.33 116.36 94.65 53.58 14.97 50.48 12.61 51.25 106.37 119.40 103.81 115.17 113.12 91.21 54.01 14.57 50.24 12.30 48.69 85.40 97.83 101.19 112.96 111.33 90.98 50.55 13.99 46.93 11.58 47.73 94.88 113.66 679 588 91 9.6 8.4 1.2 758 651 107 10.2 1.4 r840 721 rll9 r9.6 7.9 rl.7 807 695 112 rll.O 9.3 1.6 r725 602 rl23 10.5 8.8 1.7 p810 366 pl44 pl0.8 J.U pi.9 ,520 ,486 2.1 ,567 ,472 2.0 1,423 1,510 2.3 1,465 1,554 2.0 1,594 1,560 2.1 1, S45 1, 569 2.1 53.49 107.79 115.06 r_/ Revised, p / P r e l i m i n a r y . USCOMM—DC--84,243 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 AND FEES PAID U.S. DEPARTMENT OF COMMERCE COM-209 100 112 110 87 52 14 49 11 51 102 109 96 14 71 93 88 12 27 75 20 44 29