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BUSINESS
STATISTICS
A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS*

Billion $
350

Billion $
325
TOTAL L O A N S A N D INVESTMENTS
(Weekly Reporting Member Banks of Federal Reserve System)

^

300

H 325

s

275

~

250

—

—

H 300

y*

275
Monthly
(a /erage of Wednesday data)

225

™ iVr i i i 1. i i i
1970

ii ^ULJLXJ

L-JLO-^UJL^J™

!

I--JL 1 1 1 1 l_J

1971

Weekly
(Wednesday data)
I I I 1 i—J—J LJ__L__L 250
J FMAMJ J A S O N D

1 L_

1972

1973

Data: Federal Reserve Board

1967=100
200
R A W STEEL PRODUCTION (ingots and all other forms)
150

1967=100
200

h

100

5 0 I—
Monthy
•

•

•

•

1

I •

1970

1971

•

•

'

' , I

I

1972

1973

Data: Amer. Iron & Steel Inst.

1967 = 100
200
WHOLESALE PRICES

Billion$

u.o

180

12.0

160

10.0
9.0
Industrial
I •
Data: U.S. Dept. of Labor

1971

1972

Commodities
I •

1973

^fCo^«*>»

/ - • v "

/

C^'
A

-

—

Repaid

8.0
M i l l !

L_JULJLJL_

JUU 1 1 1 1 1 1JUL.L
UL 1 1 1,1 J U L U . i I i.1 I 1 I I I I

1970
Data: Federal Reserve Board

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, this Supplement
weekly and monthly data subsequent to those published in the latest monthly SURVEY

 provides selected


^/

Extended

11.0

Farm Products and
Processed Foods and Feeds

1970

—

~ CONSUMER INSTALLMENT
CREDIT EXTENDED A N D
13.0 — REPAID (seasonally adjusted)

1971

1972

1973

WEEKLY BUSINESS STATISTICS1

2

Apr. 29

May 6

Apr. 14

Apr. 21

Apr. 28

1967=100..

118.2

118.6

152.8

153.3

153.5

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

8,687
5,531

8,450
5,666

9,469
6,172

9,967
6,524

9,474
5,963

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..

214
2,284
1,891
215

235
2,231
1,838
202

207
1,846
1,686
222

211
1,845
1,685
186

195

FINANCE:
Currency in circulation 3_/. .
mil. $..
Federal Reserve bank credit outstanding, total _3/. ...do....
Member bank reserve balances 3^/
do....
Excess reserves, estimated^/
«
do....

60,633
75,853
32,666
218

60,668
75,627
32,840
136

65,906
79,622
31,785
-78

66,335
80,728
32,629
232

66,296
81,344
32,452
388

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...•

89,743
57,282
277,291
26,781
84,572
40,551

88,996
57,295
280,733
27,076
85,488
40,423

99,937
58,506
320,580
25,424
100,833
47,744

99,244
58,150
320,704
24,840
101,931
47,997

96,585
58,091
321,782
24,751
101,919
48,097

Bond yields,domestic corporate (Moody's) 3/
percent..
Stock prices, 500 stocks (Stand. & Poor»s) A-/..1941-43=10..
Industrial, 425 stocks
do....

7.76
106.89
119.23

7.73
105.99
118.08

7.63
112.68
126.41

7.62
111.54
125.02

7.62
108.34
121.31

11,859
31,064
192,665
9,761

11,860
30,748
196,037
9,719

11,110
33,957
215,681
9,335

11,075
32,425
161,660
9,336

11,695
32,793
215,444
9,340

2,715
111.3

2,708
111.0

3,002
123.0

2,995
122.8

2,987
122.4

15.7

15.3

16.0

15.6

16.1

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..

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

*. = « a *.« . . -thous. sh. tons..
.....1967=100..

RAIL FREIGHT, REVENUE TON-MILES
1/

Data do not always cover calendar weeks.

bil..
2/

Tuesday price.

MONTHLY

3/ Daily average.

1

217

May 5
155.5

200
66,132
81,391
32,474
201

7.59
108.43
121.41

210,737

2,981
122.2

47 Wednesday data.

BUSINESS STATISTICS
1972
Mar.

1973
Apr.

Mar.

Apr.

COMMODITY PRICES
SPOT MARKET PRICES, BASIC COMMODITIES:
22 Commodities
1967=100.
9 Foodstuffs
do...
13 Raw industrials.................................do...
WHOLESALE PRICES INDEXES:
ALL COMMODITIES
do...
Farm products......................................do...
Food end feeds, processed
do...
Industrial commodities...
do...
Chemicals and allied products
do...
Fuels and related products, and power....
.do...
Furniture and household durables...
do...
Hides, skins, and leather products
.......do...
Lumber and wood products.........................do...
Machinery and equipment
do...
Metals and metal products........................ do...
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.
Miscellaneous products.......................1967=100.
PURCHASING POWER OF THE DOLLAR AS MEASURED B Y —
Wholesale prices
1967=$1.00.

114.4
110.4
117.2

115.6
110.1
119.5

134.4
127.5
139.3

143.0
136.6
147.5

149.9
142.3
155.3

152.9
145.4
158.2

117.4
119.7
118.6
116.8
103.4
116.5
110.9
123.0

117.5
119.1
117.7
117.3
104.1
116.9
111.0
127.2

124.5
144.2
132.4
120.0
105.1
122.2
112.6
143.9

126.9
150.9
137.0
121.3
105.6
126.0
113.1
144.9

129.
160.
141.
122.
106.
126.
113.
143.

130.7
160.6
139.8
124.4
107.7
131.8
114.1
145.0

139.5
117.3
123.4
124.8
112.3
108.9
112.1
113.6
114.2

141.1
117.6
123.5
125.6
112.8
108.7
112.6
113.8
114.1

151.0
118.9
125.6
128.2
115.8
110.0
116.6
114.1
115.8

161.0
119.4
126.9
128.4
116.5
110.1
117*4
114.2
117.1

173.2
120.0
129.2
129.0
118.3
110.3
119.0
114.5
117.9

182.0
120.8
130.5
130.0
119.8
110.6
120.8
114.9
118.6

$0,852

$0,851

$0,803

$0,788

$0,771

$0,765

r7,238
159
r5,772

8,100
16/
6,153

6,795
iSi
5,614

6,839
l9i
5,506

8,644
193
7,351

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION CONTRACTS IN 50 STATES (F.W. Dodge):
TOTAL VALUATION
mil. $.
Index (seasonally adjusted)
1967=100.
Building, total
mil. $.
CONSTRUCTION COST INDEXES:
E.H. Boeckh and Associates, Inc.:
Average, 20 cities:
Apartments, hotels, office buildings
1967=100.
Commercial and factory buildings.................do...
Residences.
do...


http://fraser.stlouisfed.org/
r / Kevised.
Federal Reserve Bank of St. Louis

143.5
143.1
143.3

148.6
148.3
149.8

151.6
152.6
156.3

MONTHLY BUSINESS STATISTICS —Continued

3

Mar.

Apr.

Jan.

Feb.

Mar.

87,914
85,410
80,195

3,094
77,101
5,215

87,787
85,324
80,627
3,287
77,339
4,697

88,122
85,718
81,043
2,955
78,088
4,675

89,075
86,683
81,838
2,956
78,882
4,845

89,686
87,325
82,814
3,131
79,683
4,512

86,264
81,216
3,460
77,756
5,048
1,209

86,184
81,209
3,313
77,896
4,975
1,143

86,921
82,555
3,501
79,054
4,366
919

87,569
83,127
3,424
79,703
4,442
895

88,268
83,889
3,480
80,409
4,379
859

5.9
4.2
5.5
17.4
5.3
10.4

5.8
4.2
5.4
16.7
5.3
9.3

5.1
3.4
4.9
15.8
4.6
9.0

5.,0
3.,4
4.,9
14.,2
4.,4
9,,0

2.4
3.0
5.7
5.1
8.7
4.5
4.3

2.,5
2.,9
5.,4
4.,9
8.5
4.6
4.5

LABOR FORCE, EMPLOYMENT, AND EARNINGS
LABOR FORCE, total, persons 16 years of age and over,
not seasonally adjusted 1_/
thous
Civilian labor force 1_/
do..
Employed, total 1_/
do..
Agriculture
do. .
Nonagricultural industries
do..
Unemployed
....do. .
Civilian labor force, seasonally adjusted 1_/
...do..
Employed, total 1_/
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, 2G years and over.
...».,......
Both sexes, 16-19 years
White. . ...
Negro and other races
....*.........

5.
3.
5.
14.
4.

2.9
3.3
6.8
5.8
10.7
5.8
5.8

Married men
Occupation:

White-collar workers..
..«.
Blue-collar workers..•
Industry: Private nonfarm wage and salary workers.=.
Construction
Manufacturing
Durable goods.. •
=
SEASONALLY ADJUSTED

74,245
60,764
41,295
23,581
610

r74,725
r61,188
r4l,610
r23,785
r6l3

3,512
18,685
10,673
8,012

72,246
59,028
40,238
22,888
605
3,493
18,790
10,755
8,035

3,502
19,469
11,326

r3,594
rl9,578
rll,413
r8,165

r74,933
r61,370
r41,743
r23,847
r611
r3,609
rl9,627
rl1,448
8,179

Service-producing.
....do..
Transportation, communication, elec., gas, etc.......do..
Wholesale and retail trade*.
..do••
Wholesale trade.
do*.
Retail trade
do..
Finance, insurance, and real estate...
....do..
Services
.do..
Government
.............do..
Federal
do..
State and local
•
.do..
Production or nonsupervisory workers on payrolls of private
nonagricultural establishments (seas, adj.):
Employees, total
thous
Manufacturing
...do..
Durable goods
•
.do..
Average weekly hours per worker, seas, adj.:
Total private.
.hours
Contract construction.
..do..
Manufacturing
do..
Overtime hours*.
•
«... ..do..
Durable goods.
do. .
Overtime hours.
do. .
Nondurable goods..
........do..
Overtime hours.
..do*.
Retail trade
.
do..
Hourly earnings, average, seasonally adjusted:
Total private nonfarm payrolls
dollars
Contract construction
•
do. .
Manufacturing.
do. •
Wholesale and retail trade
do..
Finance, insurance, and real estate..................do..
Services.
do. •
Indexes of average hourly earnings, seasonally adjusted:
Private nonfarm economy: 2/
Current dollars
1967=100
Mining*
do.»
Contract construction.
do..
Manufacturing
do..

49,200
4,487
15,508
3,883
11,625
3,885
12,139
13,181
2,667
10,514

49,358
4,481
15,561
3,894
11,667
3,892
12,206
13,218
2,664
10,554

50,664
4,574
15,989
4,001
11,988

2,637
10,844

r50,940
r4,580
rl6,127
r4,022
rl2,105
r4,014
rl2.682
rl3,537
2,632
rl0,905

r51,086
r4,589
rl6,215
r4,027
rl2,188
r4,024
12,695
rl3.563
r2,634
rl0,929

48,677
13,616
7,729

48,845
13,711
7,805

50,300
14,298
8,310

r50,698
rl4,396
r8,379

r50,860
rl4,441
r8,414

37.
37.
40.
3.
41.
3.
39.
3.
33.

37.3
36.7
40.8
3.5
41.4
3.7
39.8
3.5
33.7

36.9
36.1
40.3
3.7
41.3
4.1
39.0
3.4
33.4

37.2
r36.1
40.9
3.9
r42.0
r4.4
39.7
3.4
33.5

37.2
37.0
40.9
3.9
r41.6
r4.0
r39.8
r3.5
r33.4

3.59
5.97
3.74
2.97
3.38
3.14

3.62
6.01
3.76
2.99
3.44
3.17

3.77
6.37
3.97
3.09
3.53
3.26

135.5
134.6
144.6
133.2

136.7
135.7
145.3
133.9

142.5
142.4
154.0
139.5

142.5
rl41.5
151.8
139.7

rl43.2
rl42.2
152.4
rl40.3

Transportation, communication, electric, gas, etc....do..
Wholesale and retail trade
do..
Finance, insurance, and real estate
.••
do..
Services.
.......do..

139.8
132.9
130.9
136.5

141.7
134.0
133.4
137.9

150.5
138.7
136.8
142.3

rl51.5
rl39.2
rl37.0
rl42.3

rl52.9
r'139.9
rl36.7
rl43.6

EMPLOYEES ON PAYROLLS of nonagric. estab., total
Private sector.
Nonmanufacturing industries..
Goods-producing
Mining
Contract construction.
•
Manufacturing
Durable goods.
Nondurable goods..

thous
..do..
...do. .
«,. do. .
do..
..do..
do..
....do..
...do..

72,011
58,830
40,145
22,811
614

8,143

3,999
12,621
13,481

r3.81
r6.31
3.98
r3.13
r3.53
r3.30

r_/ Revised. £,/ Preliminary. 1/ Effective Jan. 1972 and Mar. 1973, data reflect adjustments to the 1970 Census and are not directly
comparable with data for earlier periods. 2J Adjusted for interindustry employment shifts and for overtime in manufacturing.
9081




MONTHLY BUSINESS STATISTICS—Continued

4

1973

1972

ITEM
Mar.

Feb.

Apr.

Mar.

Apr.

FINANCE
CONSUMER CREDIT (SHORT- A N D INTERMEDIATE-TERM):
Total outstanding, end of month..o.o.«
.mil.
Installment credit, total..«».... „.,....... .„
...do.
Installment credit, extended and repaid:
Unadjusted:
Extended, total.......................<,..„...
.do.
Repaid, total ... . . ... .. . „ .,, „ „,. . . »<,••,. s ... . . = .do..
Seasonally adjusted:
Ext ended, total. .. ....». . n.. . .. .... . .. . • . .....
.do.
Repaid, total
.do.
SECURITY MARKETS:
STOCKS:
Prices:
Dow-Jones average (65 stocks)
Industrial (30 stocks)..,, * =,.. o».. tPublic utility (15 stocks)..-..........
Transportation ( 20 stocks ) . ............ -. «
New York Stock Exchange common stock indexes:
Composite. .
.12/31/65=50.,
Industrial..« ..
T ran spor t at ion.
Utility........
Finance. „..» . . „

137,879
111,257

139,410
112,439

157,227
127,368

157,582
127,959

159,320
129.375

11,746
10,999

11,224
10,042

11,923
11,887

11,214
10,623

13,681
12,265

11,741
10,427

11,374
10,384

13,304
11,355

13,434
11,437

13,852
11,808

323.84
939 ..23
114.34
259., 48

329.83
958.16
110.56
270,, 08

325.94
1,026.82
118.06
216,58

308., 40
974.04
113.08
2.02,04

300.94
957.35
109.52
194.-. 60

297.65
942.60
103.02
194.22

59.96
65.18
53.71
38o56
77.15

60.65
66.10
55.50
37.48
80.36

64.38
70.55
45.14
41.72
81.62

61.52
67.67
42.34
39 .,95
74.47

60.15
66.20
40.92
39.13
72.. 32

58.67
64.41
40.57
38.97
69,42

...thous.
....do..=
....do.o.
....do...

r613.3
r242„4
r242.2
r245.1

704.2
263.2
210*7
274.3

486.8
2.84.9
215.4
285.2

448.9
252,3
224.5
240.0

782.4
322.7
254.0
293.8

.do,
.do.
.do.

471.9
r425.2
304,3
743.1

515.5
373.-7
248.8
634.1

472.3
457,2
379.3
727.9

452.8
417.2
318.2
775.3

579,8
464.8
331.9

METALS AND MANUFACTURES
ELECTRICAL EQUIPMENT
Household electrical appliances. factory sales:
Air conditioners (room)........ .
Dishwasher s«. = »n...........<,...,.
Disposers (food waste),,. . «,, . ....
Ranger s .......... ........ ,......
Ref r iger ator s - -... o .......«.,... „
Washer s » .... u „ „.,, c , .•= .,,,..« ... ., ,. ,., . •, .
Dryers ( incl. gas ) » . . .. . «-.. . „ .. .
Vacuum cleaner s........ *......
r / Revised.
USCOMM- - DC — 9 0 8 1

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