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WEEKLY
u
BUSINESS
fr
H
STATISTICS fllu

Wlarcfi 2 3 .

u

H

1979

TH

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/BUREAU OF ECONOMIC ANALYSIS

IMPORTANT NOTICE TO SUBSCRIBERS
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Series presented every week:

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so that you could do your own updating, how inconvient would it be to you if WEEKLY
BUSINESS STATISTICS ceased publication in its present form?
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Spot market prices
Unemployment;
Initial claims, State programs
Insured, all programs
Insured, State programs
Failures, industrial & commercial (number)
Finance:
Currency in circulation
FRB, credit outstanding
Assets and liabilities

Bond yields
Stock prices
Production of:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate
Steel, raw
Rate of capability utilization
Rail freight, revenue ton-miles

Not at all
Series presented as they become available:

How useful would you find it if WEEKLY BUSINESS STATISTICS were replaced by an equally
inexpensive publication that would bring you within 7-10 days of release in Washington
selected information prepared by the Bureau of Economic Analysis? A partial list of information being considered for such a publication is shown below.
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Please rank in order of usefulness if included in such a publication.
D National income and product estimates (GNP detail for the latest quarter)
• Composite indexes of leading, lagging, and coincident indicators
D New plant and equipment expenditures
0 Manufacturing capacity utilization
D Balance of payments, including merchandise trade
D State personal income
D National personal income
O " Business Situation" (lead article in the SURVEY OF CURRENT BUSINESS)
D Other

General Business Indicators
Industrial production
By market groupings
By industry groupings
Manufacturers' shipments, inventories and orders
National income and product
Gross national product
National income
Personal income

Commodity Prices
Consumer price indexes
Prices received by farmers
Producer price indexes
Purchasing power of the dollar, as measured by:
Producer prices
Consumer prices

Construction and Real Estate
New construction put in place
Construction cost indexes (Dept. of Commerce composite)
New housing units started
New private housing units authorized
Manufacturers' shipments of mobile homes
New mortgage loans

Domestic Trade
Retail trade, all retail stores (estimated sales)

Indexes of aggregate weekly employees-hours
Indexes of average hourly earnings
Labor Turnover in Manufacturing Establishments
Work Stoppages

Finance
Consumer Installment Credit

Extended
Liquidated
Outstanding
Federal Reserve Banks, Condition
Assets
Liabilities
Large Commercial Banks of FRS, Condition
Deposits
Loans
Investments
Security Markets
Bond Yields
Stocks

Foreign Trade
Exports (dollar value)
Imports (dollar value)

Metals and Manufacturers
Electrical Equipment
Machine Tools
Steel Products, net shipments

Comments:
Labor Force, Employment and Earnings
Civilian labor force, number (employed/unemployed)
Civilian labor force, unemployment rates
Employees on payrolls of nonagricultural establishments
Private sector
Goods-producing
Service-producing

WEEKLY BUSINESS STATISTICS updates selected data that are published monthly
In the SURVEY OF CURRENT BUSINESS.



Transportation Equipment
Motor Vehicles, factory sales
Passenger Cars (new):
Retail Sales
Retail Inventories
Inventories/Sales Ratio

WEEKLY

2

BUSINESS STATISTICS1
1979

ITEM
Mar. 11
SPOT MARKET PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials.

thous.

INSURED UNEMPLOYMENT, all programs
do. ..
State programs (50 States, D.C., and Puerto Rico)
do...
FAILURES, INDUST. AND COMMERCIAL (Dun S Bradstreet)...number
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 —
Bond yields, domestic corporate (Moody's) 3/
percent..
Stock prices, 500 stocks (Stand. S Poor's) 4/...1941-43=10..
Industrial, 400 stocks
do. ...
PRODUCTION:
Bituminous coal.
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Rate of capaiblity utilization £>/

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

RAIL FREIGHT, REVENUE TON-MILES

227.6
238.2
220.4

223.9
229.2
220.1

1967=100.
do.. .
do.. .

INITIAL UNEMPLOYMENT CLAIMS, State programs

Mar. 18

Feb.

24

Mar. 10

270.3
262.1
275.9

270.9
262.0
277.1

276.0
263.1
285.2
346

343

303

364

357

3,383
3,066
175

3,204
2,900
133

3,307
3,147
123

3,191
3,031
100

101,472
112,763
35,664
264

102,048
112,254
35,981
131

111,153
127,262
40,944
408

111,054
125,978
39,812
165

111,381
126,486
40,398
171

111,201
93,087
396,235
46,786
127,137
76,061

112,267
93,262
440,526
46,297
128,042
76,391

101,116
76,157
447,916
36,186
133,591
82,297

98,781
76,023
444,508
36,140
133,899
82,387

97,743
76,396
449,572
38,342
133,848
82,611

8.81
87.84
96.58

8.79
89.12
97.98

9.65
99.07
110.51

9.73
96.28
107.26

9.75
98.44
109.67

7,210
40,950i
205,021
8,717

8,335
38,920
208,498
8,717

11,870
45,270
175,778
8,591

12,645
43,475
184,666
8,678

14,330
41,930
190,811
8,678

2,470
82.0|

2,500
83.0

2,604
86.7

2,692
89.6

2,801
93.3

275.8
261.4
286.0

227

ell2,037
124,930
39,967
92

9.76
99.71
111.18

203,373

2,840
94.6

bil..

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
1979

1978

ITEM

Feb.

Feb.
GENERAL BUSINESS INDICATORS
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, AT ANNUAL RATES:
Total personal income
bil. $..
Wage and salary disbursements, total
do. ...
Commodity-producing industries, total
do
Manufacturing
do....
Distributive industries
do.. ..
Service industries
do. ...
Government and nongovernment enterprises
do.
Other labor income
do....
Proprietors' income 1/
Farm
do....
Nonf arm
do....
Rental income of persons with capital consumption
adj us tment
do
Dividends
do... .
Personal interest income
do....
Transfer payments
do....
Less personal contrib. for social insurance
do
Total nonf arm income
do

1,615.5
1,038.3
359.0
281.9
253.3
215.3
210.6
98.7

625.0
047.4
364.4
286.5
256.2
215.1
211.6
100.0

rl,786.6
rl,149.3
411.7
314.8
279.7
235.4
22.4
111.8

rl,811.6
rl,161.4
r417.7
r319.5
r283.7
r236.5
r223.5
113.1

rl,817.9
rl,172.6
r421.7
r322.4
r286.2
r239.8
r224.9
114.5

1,829.0
1,180.3
424.9
325.7
289.0
241.1
225.3
115.9

25.6
82.0

21.6
83.0

r29.0
92.6

r34.9
r93.3

29.7
r93.0

29.0
93.4

23.0
46.8
149.6
218.1
66.5
1,574.7

22.8
47.0
151.4
219.0
67.0
1,588.3

24.4
51.8
166.1
233.6
72.0
1,741.3

24.4
52.6
rl68.5
r235.9
r72.6
rl,760.3

24.5
53.6
rl70.4
r237.7
78.1
rl,771.3

24.7
54.2
172.7
237.3
78.6
1,782.8

thous..
do... .
do

88.6
88.6
63.3

101.3
101.3
72.8

158.6
158.6
110.4

rl21.4
rll9.5
r81.4

r88.3
r88.1
r58.1

86.4
86.2
60.2

do....
do

744
290

1,659
1,171

2,107
1,502

r2,074
rl,539

rl,669
rl,148

1,411
964

do
do....

1,526
1,032

1,534
957

1,724
1,114

1,664
1,149

rl,324
r-84i

1,360
814

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
r/ Revised.

1/ With inventory valuation and capital consumption adjustment.




MONTHLY BUSINESS STATISTICS — Continued
1978

ITEM
Feb.

Jan.

1979
Nov.

Dec.

Jan.

Feb.

CONSTRUCTION AND REAL ESTATE—Con.
MANUFACTURERS' SHIPMENTS OF MOBILE HOMES:'

New m o r t g a g e l o a n s o f a l l s a v i n g s a n d l o a n

18.9
317

18.7
274

22.2
280

17.0
303

19.1
311

7,115

6,828

9,165

r8,426

6,615

1,380
4,212
1,523

1,364
4,022
1,442

1,794
5,775
1,596

r 1,692
r5,117
rl,617

1,398
3,933
1,284

100,071
97,950
91,053
2,868
88,185
6,897
r99,215
92,923
3,363
89,560
6,292
1,641

100,048
97,924
91,185
2,771
88,413
6,739
r99,139
93,047
3,280
89,767
6,092
1,559

103,776
101,659
96,029
3,100
92,929
5,629

103,740
101,632
95,906
2,990
92,916
5,725

102,961
100,867
94,436
2,762
91,673
6,431

rl01,628
95,751
3,275
92,476
5,877
1,196

rl01,867
95,855
3,387
92,468
6,012
1,208

102,183
96,300
3,232
93,068
5,883
1,251

83,871
68,557
48,492
24,648
678
3,905

84,188
68,838
48,699
24,724
684
3,901

87,036
r71,564
r50,963
25,872
903
4,368

r87,281
71,810
51,081
26,030
904
4,397

r87,465
71,984
51,172
26,099
908
4,379

p87,766
72,280
51,395
26,149
916
4,348

20,065
11,917
8,148

20,139
11,986
8,153

20,601
12,410
8,191

20,729
12,491
8,238

20,812
12,553
8,259

20,885
12,635
8,250

59,223
4,758
18,991
4,802
14,189
4,563
15,597
15,314
2,736
12,578

59,464
4,782
19,071
4,828
14,243
4,591
15,670
15,350
2,736
12,614

61,164
4,947
19,701
4,968
14,733
4,774
16,270
15,472
2,757
12,715

61,251
4,967
19,697
4,995
14,702
4,789
16,327
15,471
2,734
12,737

61,366
4,962
19,797
5,007
14,790
4,811
16,315
15,481
2,743
12,738

61,617
4,998
19,927
5,021
14,906
4,828
16,378
15,486
2,742
12,744

116.2
99.3
105.6
100.3
98.9
100.5
127.9
107.0
123.7
123.9
134.3
141.7

117.1
100.9
106.8
104.2
100.1
101.9
128.4
107.7
124.2
124.4
135.1
141.8

122.4
108.0
148.0
124.3
103.7
107.1
132.3
110.2
128.4
128.7
140.6
145.6

rl22.9
109.1
149.1
126.5
104.6
108.3
132.5
110.3
128.7
128.8
140.9
145.4

rl22.4
108.6
149.7
120.6
105.1
108.7
132.0
110.4
127.4
127.1
141.7
145.4

pl23.0
109.0
150.6
120.7
105.4
109.7
132.8
110.5
129.0
129.0
141.7
145.9

206.0
109.8
219.7
198.8
208.1

206.6
109.4
221.0
200.1
209.4

219.0
108.5
249.8
211.4
222.4

r220.7
108.6
249.1
212.5
224.1

r222.3
108.3
251.9
213.4
225.3

p223.1

do....

223.8
199.9
187.7
207.0

224.9
199.7
187.3
206.8

234.7
213.0
200.8
217.8

238.3
214.6
202.0
218.9

238.0
217.6
202.1
221.4

239.0
217.8
202.8
221.7

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

134,925
109,849
758
97,004
11,718

134,500
110,235
304
98,450
11,718

153,098
129,255
813
113,305
11,642

153,151
123,488
1,174
110,562
11,671

rl47,138
rll9,730
r4,366
101,279
11,592

147,306
120,764
1,604
103,486
11,544

134,925
31,822
19,301
90,159

134,500
30,805
26,047
90,703

153,098
39,452
31,919
100,825

153,151
36,972
31,152
103,325

rl47,138
r34,666
r29,931
99,354

147,306
33,845
29,280
99,999

associations,

By p u r p o s e o f l o a n :

LABOR FORCE, EMPLOYMENT AND EARNINGS
LABOR FORCE, t o t a l , p e r s o n s 16 y e a r s o f a g e a n d o v e r

'

L o n g - t e r m - 1 5 weeks a n d o v e r

do....

EMPLOYEES ON PAYROLL OF NONAGRIC. ESTAB., SEAS. ADJ

Service-Producing
Transportation,

communication,

elec,

gas, etc

Government
Federal

do

do. .. .
do....

do... .
do... .

Indexes of aggregate weekly employee-hours (prod, workers):
Private nonagric. payrolls, t o t a l , (seas, adj.)...1967=100..

Transportaion,

communication, e l e c t r i c i t y ,

Retail trade

gas....do....
do... .

Services

do... .

!
1

103,343
101,249
94,765
2,796
91,969
6,484
!

102,527
96,647
3,311
93,335
5,881
1,260

Indexes of average hourly e a r n i n g s , s e a s o n a l l y adjusted:
P r i v a t e n o n f a r m economy ( p r o d , o r n o n s u p e r v i s o r y w o r k e r s ) :
1967 d o l l a r s

Transportation,

do... .

communication, e l e c . , g a s , e t c

252.7
215.3
226.5

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
Assets, t o t a l
Reserve bank c r e d i t o u t s t a n d i n g , t o t a l
Time l o a n s
Gold c e r t i f i c a t e

account

Deposits, total

r/ Revised.

p_/ Preliminary




do... .

do.. ..

4

MONTHLY BUSINESS STATISTICS—Continued
1979
Feb.

Jan.

FINANCE—Con.
SECURITY MARKETS:
BOND YIELDS:
Domestic corporate (Moody's)......................percent
By ratings:
Aaa.............................................. do..
Aa. .
do. .
A
...do..
Baa
. .. do..

8.74

8.78

9.40

9.49

9.65

9.63

8.41
8.59
8.76
9.17

8.47
8.65
8.79
9.20

9.03
9.24
9.48
9.83

9.16
9.33
9.53
9.94

9.25
9.48
9.72
10.13

9.26
9.50
9.68
10.08

By group:
Industrials
.do. .
Public utilities.
do..
Railroads ........................................ do..

8.60
8.87
8.20

8.65
8.90
8.32

9.21
9.58
9.01

9.31
9.67
9.15

9.44
9.85
9.21

9.42
9.84
9.22

STOCKS
Prices:
Dow-Jones average (65 stocks)............................
Industrial (30 stocks).................................
Public utility (15 stocks)..................
.......
Transportation (20 stocks)

273.04
781.09
106.97
209.90

267.80
763.57
104.32
208.14

261.61
767.73
93.93
202.30

274.87
807.94
99.38
211.12

283.85
837.39
102.24
216.85

280.06
825.18
103.75
210.41

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..

90.25
99.34
99.42
80.14

88.98
97.95
96.25
79.11

94.71
105.23
103.38
81.71

96.11
106.92
105.82
82.53

99.71
111.15
112.08
84.42

98.23
109.49
110.66
81.80

Utilities (40 stocks)........................
do..
T r a n s p o r t a t i o n (20 stocks) . . . . . .
.
. . . . . 1970=10
Railroad (10 stocks)
1941-43=10
F i n a n c i a l (40 stocks)
1970=10
New York City banks (6 stocks)
1941-43=10
Banks o u t s i d e N.Y.C. (10 s t o c k s ) . . . . . . . . .
do..
Property-Casualty Insurance (6 s t o c k s ) . . . . . . . . . d o . .

52.40
13.13
46.13
10.46
40.32
90.14
101.86

51.60
12.91
44.69
10.33
38.74
89.56
99.37

49.04
13.17
43.56
11.21
43.61
99.93
101.35

49.32
13.10
43.37
11.36
43.19
100.78
105.07

50.33
13.46
44.45
11.68
44.12
102.32
108.73

50.74
13.08
44.92
11.28
41.91
97.54
108.22

^U.S.

GOVERNMENT PRINTING OFFICE:

1979--281-051/35

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 20402
OFFICIAL BUSINESS

First-Class Mail

WEEKLY BUSINESS STATISTICS




~~~

POSTAGE AND FEES PAID
. DEPARTMENT OF COMMERCE
COM-2G9