The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MARCH 19, 1976
v
A WEEKLY
SUPPLEMENT
TO THE
BUSINESS
STATISTICS
+**0'**..
'^TESOt''*
SURVEY OF CURRENT BUSINESS*
U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
Billion $
Bil ion $
450
425
450
Monthly
TOTAL LOANS A N D INVESTMENTS
—
(Weekly Reporting Member Banks of Federal Reserve System)
425
-
400
375
-
350
-
300
- ^ ^ ^ ^
—
275
-
250
_-JL~J—1—1—1
325
1976
of Wednesday
400
375
350
_
(average
1975
J
325
{Wednesday
data)
300
data)
275
L™J—I
I
,
1 1
1973
I
i
i
I
1974
I
1 1 1 l
I
I
I
l
I
1975
i
i
1 i
i
i
i
i
i i i
i
i
I
J FMAMJ
1976
i
i
i
250
i i
JASOND
Data: Federal Reserve Bo
INDEX, 1941-43=10
INDEX, 1941-43=10
Monthly
135 _ PRICES OF 425 INDUSTRIAL STOCKS
Weekly
-
(avg. of daily close)
h~
120
(Wednesday close)
L / 1 1976
125
-
115
-
100
105
-
90
95
-
80
85
-
L
110
1975
70
H
75
i
i
i
i
i
I
i
i
i
i
i
i
i
i
i
i
I
i
i
i
i
i
1 i
1974
1973
i
i
i
i
1 i
i
i
i
i
J
1 1 L 1 ,1
1975
i
1 .J _I J
,1 I
I
LJL-1
J I I
'
'
'
'
J FMA M J J AS O N D
1976
Stand. & Poor's Corp.
Billion $
60
SALES OF RETAIL STORES
1910-14 = 100
800
PRICES RECEIVED AND
PAID BY FARMERS
700
(seasonally adjusted)
Total
50
600
_
Prices Paid-^
^*S~
-
40
A
500
30
X
,
Nondurable
Prices Received
400
Goods
—
-
/
-l/(incl. interest, taxes, a n d w a g e rates)
20
i I l I I I l l l I
I I I I I I I I l i i
1973
Data: U.S. Dept. of Commerce
1974
• i i i I i i i
1975
300
i
1976
i i
I I M I I 1 i.i J 1 1 I I I I 1 1 1.1, JU_
1973
Data: U.S. Dept. of Agriculture
# Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement
http://fraser.stlouisfed.org/
provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY
Federal Reserve Bank of St. Louis
1974
I I
i.l i i-i i i
1975
I I
i i i 1 i1 I 1 1
1976
60
WEEKLY BUSINESS STATISTICS1
2
1976
1975
ITEM
WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
. ..
13 Raw industrials
....
ALL RETAIL STORES, SALES
Nondurable goods stores
1967=100,
do. . .
do...
mil. $.
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.
Mar- 8
Mar. 15
Feb. 21
Feb. 28
Mar. 6
Mar. 13
196.0
218.6
181.7
199.8
227.1
182.7
195.2
205.0
188.6
195.9
203.4
190.7
193.7
199.8
189.4
195.3
201.9
190.8
10,137
7,204
10,068
7,153
11,156
7,492
11,773
7,571
11,433
7,842
569
5,962
5,206
266
495
378
4,771
3,758
296
185
353
4,619
3,638
204
366
5,918
5,141
228
208
84,106
102,842
34,094
417
684,781
99,352
33,372
91
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...
77,022
91,159
34,795
408
77,715
88,571
34,482
84,403
101,003
34,604
230
570
84,061
103,694
33,664
-106
101,376
60,690
380,880
25,625
127,010
60,012
103,194
60,698
381,103
26,423
125,191
59,618
100,547
74,786
377,520
41,107
116,738
59,748
101,978
75,269
374,475
40,083
116,098
59,723
101,895
76,012
376,952
41,105
115,912
59,640
;Bond yields, domestic corporate (Moody's) 3/.
percent.
Stock prices, 500 stocks (Stand. $ Poor's) 4/,.. .1941-43=10.
Industrial, 425 stocks
do...
9.25
82.90
92.70
9.24
83.59
93.60
9.23
99.85
112.02
9.19
101.69
114.31
9.20
99,98
112.38
9.20
100=94
113.57
12,960
36,206
102,125
8,453
11,690
36,199
130,845
8,368
12,485
36,358
178,049
8,062
12,805
36,680
168,999
8,062
12,305
36,420
174,481
8,049
184,637
2,785
2,718
14.8
14.4
2,404
80.5
14.7
2,458
82.3
15.5
2,468
82.7
14.8
PRODUCTION:
Bituminous coal
Electric power, by utilitiesMotor vehicles (passenger cars) ...
Petroleum (crude) and condensate 3/
Steel, raw
Rate of capability utilization 5/
thous . sh. tons ..
mil. kw.-hr..
number..
thous. bbl..
thous. sh. tons..
percent. „
RAIL FREIGHT, REVENUE TON-MILES
bil. .
2,538
85.0
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
1975
1976
ITEM
Jan.
Jan.
Feb.
Feb.
COMMODITY PRICES
1910-14=100
do. .
do. .
do. .
do..
do . .
do. .
do. .
438
455
460
312
450
471
330
903
427
435
484
275
419
458
321
922
470
425
456
419
362
408
339
874
475
426
502
422
366
390
337
871
472
426
496
421
373
390
315
874
475
430
454
420
379
410
329
874
Livestock and products
do. .
Dairy products
do..
Meat animals
do..
Poultry and eggs
do. .
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..
PARITY RATIO
do. .
423
490
487
232
419
487
483
225
509
588
601
248
518
600
608
257
512
599
601
249
513
588
612
244
538
558
523
618
71
r536
r563
516
r616
69
565
586
550
645
73
566
586
552
647
73
569
589
554
r659
72
571
589
558
661
72
41,315
12,051
6,732
1,931
1,498
29,264
1,770
1,379
3,443
10,568
3,278
5,588
39,802
12,279
7,258
1,793
1,439
27,523
1,606
1,332
3,288
9,678
3,053
5,524
50,526
15,248
8,422
2,389
2,090
35,278
2,409
1,470
4,050
11,008
3,649
9,432
r60,681
rl6,855
r8,412
r2,925
r2,073
r43,826
r3,894
r2,114
r4,110
rll,778
r3,817
rl4,005
r46,674
rl4,143
r8,270
r2,139
1,703
r32,531
r2,010
rl,489
r3,868
rll,634
r3,626
r6,322
44 ,980
14 ,605
8 ,737
2,016
PRICES RECEIVED BY FARMERS, ALL FARM PRODUCTS
Crops
Commercial vegetables
Cotton
Feed grains and hay
Food grains
Fruit
Tobacco
DOMESTIC 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
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
r_/ Revised.
31,339
1/
mil. $
do. .
do. .
do..
do ..
do..
do..
do..
do..
do. .
do..
.do..
Data for Feb. 1976 are advance estimates.
30 ,375
1,831
1 ,430
3 ,770
10 ,301
3 ,460
6 ,243
MONTHLY
BUSINESS STATISTICS — C o n t i n u e d
3
1975
ITEM
Dec.
Jan.
50,293
15,763
8,760
2,349
2,209
r51,990
rl6,877
r9,922
r2,337
r2,059
r51,503
rl6,635
r9,571
r2,273
2,245
32,250
2,189
1,449
3,828
10,643
3,465
7,533
34,530
2,271
1,562
4,184
11,219
3,690
8,296
r35,113
r2,354
rl,578
r4,220
rll,270
r3,859
r8,499
r34,868
r2,352
rl,530
r4,191
rll,348
r3,837
r8,118
71,028
73,327
71,346
72,308
76,620
73,839
71,127
73,081
71,256
73,610
12,693
14,390
12,047
14,661
16,606
15,810
r21,871
rl6,007
14.198
15,767
93,342
91,149
82,969
94,943
92,787
85,556
3,156
82,400
7,231
94,888
92,731
85,536
2,856
82,680
7,195
94,805
92,665
84,491
2,888
80,082
8,180
93,111
90,913
82,604
2,890
79,714
8,309
Civilian labor force, seasonally adjusted.
do..
Employed, total
do..
Agriculture
do. .
Nonagri cultural industries
do..
Unemployed
do..
Long-term, 15 weeks and over
do..
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
Married men, wife present
Occupation: White-collar workers
Blue-collar workers
Industry: Private nonfarm wage and salary workers..
Construction
Manufacturing
Durable goods
91,963
84,666
3,370
81,296
7,297
1,572
91,523
84,163
3,252
80,911
7,360
1,828
93,117
85,178
3,301
81,877
7,939
3,004
93,129
85,394
3,236
82,158
7,735
3,080
93,484
86,194
3,343
82,851
7,290
2,785
8.5
7.1
7.9
19.0
7.8
13.9
5.1
4.8
11.3
9.2
17.5
10.5
10.8
8.3
6.6
8.0
19.6
7.6
13.8
4.8
4.8
10,
7.8
5.8
7.5
19.9
7.1
13.2
4.1
4.7
9.4
8.1
15.4
8.1
8.2
EMPLOYEES ON PAYROLLS OF NONAGRIC. ESTAB., SEAS. ADJ...thous.
Private sector
do...
Nonmanufacturing industries
do.. .
Goods-producing
do...
Mining
do...
Contract construction
do...
Manufacturing
do...
Durable goods
do.. .
Nondurable goods
do...
77,319
62,852
44,054
23,270
723
3,749
18,798
11,099
7,699
76,804
62,210
43,835
22,691
724
3,592
18,375
10,813
7,562
77,574
62,599
44,117
22,657
766
3,409
18,482
10,653
7,829
r77,796
r62,793
r44,225
r22,743
r769
r3,406
rl8,568
rl0,717
r7,851
r78,137
r63,172
r44,448
r22,918
r760
r3,434
rl8,724
rl0,823
r7,901
Service-producing
do...
Transportation, communication, electric, gas, etc...do...
Wholesale and retail trade
do...
Wholesale trade
do...
Retail trade
do.. .
do...
Finance, insurance, and real estate.
do...
Services
do...
Government
do...
Federal
State and local
do...
54,049
4,603
16,903
4,205
12,698
54,113
4,565
16,879
4,189
12,690
54,917
4,496
17,010
4,174
12,836
r55,053
r4,477
rl7,080
r4,190
rl2,890
r55,219
r4,490
rl7,211
r4,211
rl3,000
4,219
13,857
14,467
2,734
11,733
4,210
13,865
14,594
2,733
11,861
4,248
14,188
14,975
2,761
12,214
4,264
14,229
rl5,003
2,755
rl2,248
r4,269
rl4,284
rl4,965
r2,746
rl2,219
51,624
13,437
7,898
51,005
13,051
7,634
51,420
13,222
7,539
r51,592
13,311
r7,603
r51,922
rl3,451
r7,704
36.2
37.2
39.2
2.4
40.1
2.5
36.1
36.8
38.8
2.4
39.7
2.5
36.3
36.8
39.9
2.8
40.2
2.7
36.4
r37.3
40.3
3.0
40.7
2.9
DOMESTIC TRADE—Con.
RETAIL TRADE, ALL RETAIL STORES--Con.
ESTIMATED SALES (SEAS. ADJ. ) * TOTAL 1/
Durable goods stores
Automotive dealers
Furniture, home furn., and equip, stores
Building materials and hardware dealers
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
ESTIMATED RETAIL INVENTORIES, END OF MONTH:
Unadjusted, total
Adj usted, total
RETAIL FIRMS WITH 11 OR MORE STORES:
Estimated sales (unadjusted), total
Estimated sales (seasonally adjusted), total
Jan.
Feb.
mil. $ .
. ...do...
do.. .
do...
do. ..
46,006
14,126
7,747
2,040
1,895
46,914
14,664
8,420
2,051
1,892
..do...
do...
do...
do...
do...
do...
do...
31,880
2,118
1,436
3,784
10,672
3,465
7,261
do...
do...
do...
do...
,,
LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, persons 16 years of age and over,
not seasonally adjusted
Civilian labor force
Employed, total
Agriculture
Nonagricultural industries
Unemployed
thous
do..
do..
do..
do..
do..
Production or nonsupervisory workers on payrolls of private nonagricultural establishments, seas, a d j . :
Employees, total
thous.
Manufacturing
do...
Durable goods
do. ..
Average weekly hours per worker, seasonally adjusted:
Total private
hours.
Contract construction
do...
Manufacturing
do...
Overtime hours
do...
Durable goods
do...
Overtime hours
do. ..
_r/ Revised.
31,339
£/ Preliminary.
7.9
5.9
7.9
19.8
7.3
13.0
4.4
4.5
10.6
8.5
15.6
10.0
9.9
1/ Data for Feb. 1976 are advance estimates.
4.7
4.4
2,853
81,638
8,174
36.6
r37.7
r40.5
3.0
r40.9
2.9 I
MONTHLY BUSINESS STATISTICS—Continued
4
1975
1976
ITEM
Jan.
Feb.
Nov.
Jan.
Feb.
FINANCE
SECURITY MARKETS:
BONDS:
Domestic corporate (Moody's)
By ratings:
Aaa
Aa....................
A.
Baa
By group:
Industrials
Public utilities..
Railroads
percent.
9.55
9.33
do...
..........................do...
do. ..
do. ..
8.83
8.99
9.75
10.62
8.62
8.81
9.47
10.43
.do. ..
.do...
do...
9.19
10.10
9.52
9.01
9.83
9.32
STOCKS:
Prices:
Dow-Jones average (65 stocks).............................
Industrial (30 stocks)
Public utility (15 stocks)
Transportation (20 stocks)
215.31
659.09
77.46
153.06
231.85
724.89
81.02
159.91
72.56
80.50
77.10
67.91
38.19
37.31
Standard § Poor's Corporation:
Industrial, public utility, and railroad:
Combined index (500 stocks) . .
......
Industrial, total (425 stocks)
Capital goods (116 stocks)
Consumers ' goods (184 stocks)
Public utility (55 stocks)
Railroad (20 stocks)
1941-43=10
do..
.do..
do..
do..
do..
Banks:
New York City (9 stocks)....
do..
Outside New York City (16 sotcks)
do..
Property liability insurance (16 stocks)
do..
New York Stock Exchange common stock indexes:
Composite
12/31/65=50
Industrial
do..
Transportation
do..
Utility
do..
Finance
do..
9.45
9.33
9.23
8.78
8.97
9.67
10.33
8.79
8.99
9.68
10. 35
8.60
8.90
9.57
10.24
8.55
8.80
9.47
10. 10
9.27
9.83
9.36
9 26
9 87
9. 37
9.16
9.68
9.32
9.12
9 50
9.25
256
840
81
166
42
80
60
84
285.28
929.34
89.17
190.80
297
971
89
203
80.10
89.29
88.50
75.06
40.37
37.80
90.07
100.86
97.35
88.01
43.77
37.81
88
99
96
85
43
37
70
31
41
66
25
07
96.86
108.45
108.41
91.03
46.99
41.42
100 64
112 96
116 68
93 47
47 .22
43 .40
50.58
73.52
81.68
53.46
76.33
84.98
45.56
80.01
92.70
44 .87
77 .73
93 .75
48.69
85.40
97.83
52 .23
93 .38
100 .69
38.56
41.29
28.12
29.55
44.85
42.48
46.00
30.21
31.31
47.59
47.64
52.91
32.09
32.99
45.10
46 .78
51 .89
31 .61
32 .75
43 .86
51.31
57.00
35.78
35.23
48.83
53 .73
59 .79
38 .53
36 .12
52 .06
c/ Corrected.
USC0MM--DC--31,339
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C.
20402
OFFICIAL BUSINESS
First-Class Mail
^r°v
^e-lQT6
WEEKLY SUPPLEMENT
SURVEY OF CURRENT BUSINESS
84
70
27
17
259.28
845.51
82.94
170.59
c
POSTAGE AND FEES PAID
U.S. DEPARTMENT OF COMMERCE
COM-209
@FedFRASER