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C

May 18.

WEEKLY
BUSINESS

STATES**

l l n l Iw I I ww

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Superintendent of Documents, U.S. Government
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LJ

US. DEPARTMENT OF -.COMMERCE/BUREAU OF ECONOMIC ANALYSIS
THOUSANDS

THOUSANDS
1,400
M O T O R VEHICLE PRODUCTION
1,200 • (Passenger cars)

350
Monthly

Weekly

-

1,000

300
250

1979

800

200

600

150

^

400

100
1978 6

50

200
0

J

I

L_J

I

I

I

L_J—I

_i

l_

1976

I

I

I

I

L

I

L__i

I

!

I

i i i

L-_L J L

1979

1978

1977

J

,

1

F M A M J

1 ,

M i l l

0

J A S O N D

Data: Motor Vehicle Mfgrs. Assn. of the United States, Inc.

MILLIONS OF SHORT TONS

MILLIONS OF SHORT TONS
20
RAW STEEL PRODUCTION

Monthly

(Ingots a n d all other forms)

—

16

12

~

8

-

~*s^^

/ \

-

v^x^^^^

-

,,,,,,

4

1

1 1 1 1 l_l

L 1 L_l

1

1 1 1 1 1 1 1 1 1 1 1

1977

1976

I

l

I

1 1 1 1 1

l

l

1979

1978

J

F M A M J

J A S O N D

Data: Amer. Iron & Steel Inst.

DOLLARS

BILLIONS OF DOLLARS
80
SALES OF RETAIL STORES
(seasonally adjusted)

MANUFACTURING HOURS &
7.00 " EARNINGS

-^"

70

-

6.20

50

-

5.80

Nondurable Goods

^,-

5.00

«-—•*"'"

i i i i i 1 i i i i i . M i l l

1977

Data: U.S. Dept. of Commerce

IXJ-LX

1978

_

Average Hourly
Gross Earnings
(left scale)

5.40

"

40

1976

48

6.60

60

1 1 1 I I 1. M i l l

50

(Hours seasonally adjusted)

Total

30

HOURS
52

7.40

I l I I I 1 l I l 1 i

1979

4 60

44

A v e r a g e Hours
Per W e e k
( r i g h t scale)

s *

' v^--'-•

46

^ ——__»» —\

1977

Data: U.S. Dept. of La or


W E E K L Y B U S I N E S S S T A T I S T I C S u p d a t e s selected data t h a t are p u b l i s h e d m o n t h l y
http://fraser.stlouisfed.org/
Irs t h e S U R V E Y OF C U R R E N T B U S I N E S S .
Federal Reserve Bank of St. Louis

40

\

1 1 1 1 1 M
1 1 1 1 1 1 1 ! 1I 1I 1 1 1 1 1 1 1 1 1

1976

42

1978

J 1 1 1 ! 1 1 1 1 38
1 1

1979

WEEKLY BUSINESS STATISTICS

2

1978

ITEM

May 6
SPOT MARKET PRICES, 22 COMODITIES 2/
9 Foodstuffs
13 Raw industrials

..1967=100.
do. . .
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.

19 79
May 13

Apr. 21

Apr. 28

May 12

May 5

276.9
252.8
294.7

277.4
253.5
295.1

226.0
240.5
216.3

292

269

341

304

308

2,423
2,151
108

2,430
2,094
151

2,621
2,451
180

2,492
2,322
205

201

113,237
129,499
41,828
174

ell3,862
128,368
40,564
25

9.96
99.46
111.09

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..

103,401
121,240
37,923
315

104,144
122,933
37,183
183

113,976
128,433
41,351
211

113,492
129,448
40,872
156

112,127
93,202
444,668
44,335
131,654
77,936

109,715
93,247
445,001
44,265
132,147
78,241

103,739
77,115
460,846
39,958
138,845
84,161

103,490
76,693
456,322
37,567
138,877
84,289

Bond yields, domestic corporate (Moody's) 3/
percent
Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=10
Industrial, 400 stocks
do. .

8.95
96.26
106.27

8.99
95.92
105.96

9.82
101.70
113.46

9.86
102.50
114.57

9.92
101.72
113.82

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

15,5 80
37,792
207,865
8,839

15,310
38,609
212,100
8,839

15,780
39,816
202,184
8,618

15,560
39,645
211,502
8,618

15,470
39,522
208,793
8,633

thous. sh. tons.
percent.

2,691
88.5

2,806
92.3

2,844
93.4

2,810
92.2

,814
92.4

bil.

17.8

18.0

17.9

PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Rate of capability utilization 5/
RAIL FREIGHT, REVENUE TON-MILES

2 76.3
255.0
291.9

225.0
237.9
216.5

275.9
250.7
294.6

213,643
2,809
92.2

1/ Data do not always cover calendar weeks. 2/ Tuesday p r i c e . 3/ Daily a v e r a g e . 4/ Wednesday d a t a . 5/ C a p a b i l i t y for a f u l l order book
Fased on c u r r e n t a v a i l a b i l i t y of raw m a t e r i a l s , f u e l s , s u p p l i e s , and i n d u s t r y f a c i l i t i e s ,
e / Estimated.

MONTHLY

BUSINESS STATISTICS
1979

1978
Apr.

Jan.

Feb.

r/

Mar.

r/

Apr.

DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED) , TOTAL 1/
Durab le goods stores
Bldg. materials, hardware, garden supply, and
mobile home dealers
Automotive dealers
Furn., home f urn. and equip

64,764
22,777

63,838
23,165

61,878
21,100

60,653
21,131

71,998
25,972

71,495
26,409

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

3,170
14,560
2,902

3,665
14,382
2,901

2,873
12,805
2,959

2,708
13,100
2,882

3,730
16,123
3,317

4,248
15,996
3,274

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

41,987
7,366
14,529
13,482

40,673
7,472
6,010
13,865
12,862

40,778
5,946
4,747
14,944
13,769

39,522
5,925
4,700
14,215
13,024

46,026
7,932
6,303
16,212
14,923

45,086
8,128
6,473
15,084
13, 789

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

4,906
2,940
5,579
2,070

4,889
2,816
5,719
1,940

5,059
2,689
5,389
2,139

4,89 8
2,416
5, 339
2,058

5,435
3,143
6,311
2,214

5,499
3,366
6,361
2,204

ESTIMATED SALES (SEAS. ADJ.) , TOTAL 1/
do. . .
Durable goods stores
do
Bldg. mat., hdwre, garden supply, etc. dealers...do...
Automotive deal ers
do. ..
Furn., home furn. and equip
do...
Nondurable goods stores
do. ..
General merch. group stores
do...
Department stores
do. ..
Food stores
do.. .
Grocery stores
do. ..

64,075
21,813
3,397
13,132
2,924
42,262
7,952
6.420
14,177
13,153

65,146
22,617
3,609
13,537
3,061
42,529
8,048
6,462
14,298
13,273

70,855
25,250
3,956
15,011
3,337
45,605
8,402
6,791
15,659
14,358

71,122
25,035
3,676
14,932
3,333
46,087
8,378
6,734
15,639
14,357

71,852
25,356
4,043
14,893
3,358
46,496
8,680
6,942
15,609
14,335

72,197
25,253
4,069
14,648
3,414
46,944
8,599

4,996
2,983
5,787
2,050

4,994
3,064
5,794
2,042

5,353
3,2 73
6,041
2,278

5,566
3,214
6,274
2,257

5,512
3,428
6,499
2,225

5,606
3,390
6,504
2,2 70

Nondurable goods stores
General merch. group stores
Department stores
Food stores
Grocery s tores
Gasoline service stations
Apparel and accessory stores
Eating and drinking places
Drug and proprietary stores

mil. $ .
do.. .

Gasoline service stations

do...

Appparel and accessory s t o r e s
Eating and d r i n k i n g p l a c e s
Drug and p r o p r i e t a r y s t o r e s

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

r / Revised.

1/ Data f o r April 1979 a r e advance e s t i m a t e s .




5,894

6,864
15,832
14,530

MONTHLY

BUSINESS STATISTICS — C o n t i n u e d
1979

1978

ITEM
Mar.

Apr.

Feb.

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
C i v i l i a n labor force s e a s o n a l l y adjusted
Employed, t o t a l
Agriculture
Nonagricultural industries
Unemp loyed
Long-term^lS weeks and over
EMPLOYEES ON PAYROLL OF NONAGRIC. ESTAB., SEAS. ADJ
Private sector
Nonmanuf a c t u r i n g i n d u s t r i e s
Goods-producing
Mining
Contract construction
Manufacturing
Durable goods
Nondurable goods
Service-Producing
T r a n s p o r t a t i o n , communication, e l e c , g a s , e t c
Wholesale and r e t a i l t r a d e
Wholesale t r a d e
Retai 1 trade
Finance, insurance, and real estate
Services
Government
Federal
S t a t e and l o c a l




r87,818
r72,350
r51,455
r26,199
r919
r4,385

r88,240
r72,740
r51,780
r26,413
r921
r 4 , 5 32

20,230
12,041
8,189

20,282
12,076
8,206

20,825
12,562
8,263

r20,895
rl2,647
r8,248

r20,960
rl2,697
r8,263

59,799
4,817
19,169
4,854
14,315
4,605
15,773
15,435
2,739
12,696

60,105
4,847
19,252
4,872
14,380
4,623
15,866
15,517
2,745
12,772

61,413
4,974
19,817
5,020
14,79 7
4,809
16,352
15,461
2,755
12,706

r61,619
r5,001
rl9,883
r5,035
rl4,848
r4,829
rl6,438
rl5,468
2,755
rl2,713

r61,82 7
r5,024
rl9,949
r5,056
rl4,893
r4,842
rl6,512
rl5,500
r2,754
rl2,746

119.1
103.6
111.3
111.5
102.0
103.9
129.8
109.1
125.9
126.1
135.4
143.3

120.4
106.0
144.2
118.8
102.5
104. 2
130. 5
108. 7
126. 4
126. 6
137. 5
144. 1

122.6
108.7
149.2
120.6
rl05.2
108.8
132.3
111.2
127.6
127.3
141.7
145.8

rl23.2
rl09.1
rl49.3
rl22.4
rl05.4
rl09.6
rl32.9
rill.2
rl28.4
rl28.2
142.0
rl46.6

rl24.7
rlll.l
rl50.6
rl31.8
rl06.0
rll0.2
rl34.1
rll2.4
rl29.7
rl29.4
rl42.4
rl47.8

208.3
109.5
222.5
203.0
211.0
225.6
201.5
188.9
208.7

210.3
109.6
237.1
203.5
212.2
228.4
203.5
192.3
210.5

r222.
108.
251.
213.
225.

r223.9
rl07.8
r253.3
r216.3
227.1

r225.3
pl07.3
p255.0
r216.8
r228.8

r240.7
217.8
202.3
221.7

r241.6
r218.1
203.9
r222.2

r243.4
r219.5
r204.3
r223.6

265.75
756.24
105.48
204.50

276.65
794.66
105 e 85
214.50

283.85
837.39
102=24
216.85

280.06
825.18
103.75
210.41

286.50
847.84
10 3. 85
216.44

88.82
97.65
93.12
78.68

92.71
102.07
97.86
82.69

99.71
111.15
112.08
84.42

98.23
109.49
110.66
81.80

100.11
111.66
114.50
82.70

51.72
12.70
43.61
10.50
38.66
90.36
101.01

52.16
13.30
44.77
11.20
42.04
9 7.09
107.52

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

50.62
13.48
46.64
11.63
42.54
99.28
116.11

84,726
69,291
49,061
24.927
698
3,999

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

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

1941-43=10.
do...
do...
do. ..

Utilities (40 stocks)
do..,
Transportation (20 stocks)
1970=10.
Railroad (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..
p_/ P r e l i m i n a r y .

87,524
72,063
51,238
26,111
905
4,381

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

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

r / Revised.

85,418
69,901
49,619
25,313
867
4,164

102,961
100,867
94,436
2,762
91,673
6,431
102,183

Indexes of average h o u r l y e a r n i n g s , s e a s o n a l l y a d j u s t e d :
P r i v a t e nonfarm economy (prod, or nonsupervisory w o r k e r s ) :
Current d o l l a r s
do. .
1967 d o l l a r s
do..
Mining
do. .
Contract construction
do. .
Manufacturing
do. .

Standard & Poor's Corporation:
Combined index (500 stocks)
Industrial, total (400 stocks)
Capital goods (111 stocks)
Consumer goods (189 stocks)

103,755
101,665
95,501
2,925
92,576
6,165
102,714
96,842
3,343
93,499
5,871
1,305

100,9 84
98,866
93,180
3,151
90,029
5,685
99,767
93,704
3,274
90,430
6,063
1,486

Indexes of aggregate weekly employee-hours (prod, w o r k e r s ) :
Private nonagric. p a y r o l l s , t o t a l , (seas, adj.)...1967=100
Goods-producing
do. .
Mining
do. .
Contract c o n s t r u c t i o n
do. .
Manufacturing
do. .
Durab le goods
do. .
Service-producing
do..
T r a n s p o r t a t i o n , communication, e l e c t r i c i t y , g a s . . . d o . .
Wholesale and r e t a i l t r a d e
do. .
Retail trade
do. .
Finance, i n s u r a n c e , and r e a l e s t a t e
do..
Servi ces
do..

Transportation, communication, e l e c , gas, etc
Wholesale and retail trade
Finance, insurance, and real estate
Services

93,068
5,883
1,251

103,343
101,249
94,765
2,796
91,969
6,484
102,527
96,647
3,311
9 3,335
5,881
1,260

100,565
98,443
91,964
2,913
89,051
6,479
99,435
93,282
3,334
89,948
6,153
1,488

thous.
do...
do. . .
do. ..
do. . .
do=, ,
do. . .
do. . .
do. . .
do. . .
do. . .
do. . .

96,300
3,2 32

MONTHLY BUSINESS STATISTICS—Continued

4

19 78
Feb.

Mar.

Mar.

Apr.

EXPORTS (MDSE.). INCL. REEXPORTS, TOTAL................ .mil. $
Excl. Department of Defense Shipments................... do..
Seasonally adjusted................................... do..
By commodity groups and principal commodities:
Food and live animals................................ .do. .
Beverages and tobacco
do..
Crude materials, inedible, exc. fuels.................do..
Mineral fuels,, lubricants, etc. ....................... do..
Oils and fats, animal and vegetable...................do..
Chemi cals............................................. do..
Manufactured goods.................................... do..
Machinery and transport equipment, total.............. do. .

12,079.4
12,074.2
11,146.5

12,069.7
12,064.2
11,630.4

12,561.3
12,558.1
13,131.8

12s932.5
12,928.5
13,506.8

15,586.7
15,584.4
14,452.0

1,465.7
213.
,337,
165.
141.
,031.
067.
140.

,472
144
,388
284
145
9 71
988
5,095.1

,313,
135.
,550.
350.
145.
,235.
,121,
040.1

1,314.3
171.2
1,513.5
292.0
173.2
1,155.6
1,135 . 3
5,394.3

1,581.0
223.2
1,837.5
435.7
171.3
1,522.3
1,384.1
6,325.1

GENERAL IMPORTS, TOTAL.................................... do..
Seasonally adjusted...................................do..
By commodity groups and principal commodities:
Food and live animals................................. do..
Beverages and tobacco................................. do..
Crude materials, inedible, exc. fuels................ .do..
Mineral fuels, lubricants, etc........................do..
Oils and fats, animal and vegetable.................. .do. .
Chemi cals............................................. do..
Manufactured goods .................................... do..
Machinery and transport equipment..................... do. .

14,547.
14,004.

14,486.0
14,491.5

15,846.3
16,231.1

13,776.3
14,806.3

15,764.8
15,273.3

1,257.5
174.7
768.5
3,431.2
46.0
604.2
2,334.1
4,050.7

1,161.5
201.5
712.4
3,513.5
42.7
611.6
2,383.0
4,085.5

1,278.3
204.8
812.7
4,228.0
89.5
5 32.2
2,255.8
4,515.9

1,102.5
156.2
738.0
3,524.9
50.6
440.5
2,120.7
3,932.6

1,242.6
221.9
859.3
3,947.9
55.7
655.1
2,424.0
4,438.3

1,078
883
195
11.8
9.8
2.1

1,043
86 3
180
12.3
10.2
2.1

784
645
138
11.0
9.0
2.0

840
6 76
164
11.4
9.1
2.2

1,116
865
251
12.6
9.8
2.7

1,991
1,866
2.3

2,008
1,877
2.2

1,885
1,819
2.4

1,957
1,851
2.4

1,9 74
1,846
2.3

FOREIGN TRADE

TRANSPORTATION EQUIPMENT
Retail sales, new passenger cars:
Total, not seasonally adjusted. ........................thous
Domestics
do..
Imports ............................................... do..
Total, seasonally adjusted at annual rate................mil
Domestics ............................................. do..
Imports
do..
R e t a i l i n v e n t o r i e s , new c a r s ( d o m e s t i c s ) , end of month:
Not s e s a o n a l l y a d j u s t e d . . . . . . .
.thous
Seasonally a d j u s t e d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d o . .
I n v e n t o r y - s a l e s r a t i o , new c a r s ( d o m e s t i c s ) . . . . . . . . . . . . . . r a t i o
r/ Revised.

p_/ Preliminary.

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