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NOVEMBER 1 , 1974
A WEEKLY

BUSINESS
STATISTICS

/ w \
X ^ *

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
Billion $
400*

Billion $
425

TOTAL LOANS AND INVESTMENTS
(Weekly Reporting Member Banks of Federal Reserve System)

375

400

350

275
(average of Wednesday data)

250

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1971

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1972

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I I I I I I I I I I

1973

J FMAMJ

1974

J

A S O N D

Data: Federal Reserve Board

Thousands
1,400
MOTOR VEHICLE PRODUCTION
1,200 — (Passenger cars)

Thousands
350
—

1,000
A

400

-W\ r^^\
- V/1

200

—

800
600

\<

0

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1971

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1 L 1 t, _I_..L_L _L L_J.,.,.!,_. - j ™ i , i _ i j—J,„ i i i i i

1973

1972

J F M A M J J A S O N D

1974

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

1967=100

1967=100
200

200
RAW

150

STEEL P R O D U C T I O N

(ingots and all other forms)

-

~
~

\

100

~

50

Monthly
0

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1

1

1

1

1971

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1972

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1

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1

1

1

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1

1

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1

1973

Data: Amer. Iron & Steel Inst.

* 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


1 1 1 —I
1 I LJL-J

1974

1 1
J

F M A M J J A S O N D

WEEKLY BUSINESS STATISTICS1

2

1973

1974

ITEM
Oct. 20

Oct. 27

Oct. 5

Oct. 12

1967=100
do..
do..

193.8
198.0
190.8

191.1
194.6
188.6

234.4
272.8
211.0

232.2
273.3
207.4

mil. $
do..

9,796
6,504

9,810
6,408

11,021
7,504

10,709
7,365

10,489
7,245

INITIAL UNEMPLOYMENT CLAIMS, State programs
thous
INSURED UNEMPLOYMENT, all programs
do..
State programs (50 States, D i C , and Puerto Rico)...do..
FAILURES, INDUST. AND COMMERCIAL (Dun § Bradstreet).number

218
1,435
1,283
150

201
1,487
1,331
188

325
,084
,790
187

359
2,149
1,855
240

325

193

69,156
83,886
35,019
-80

68,970
84,607
35,118
407

74,832
92,720
37,560
561

75,327
91,041
36,635
-31

75,940
90,739
37,445
349

98,062
56,409
340,038
23,019
107,840
53,778

98,046
56,171
339,876
23,108
107,182
53,667

101,460
57,220
380,630
19,766
128,787
59,758

100,374
57,380
383,674
20,104
128,524
59,748

99,339
57,433
381,975
20,520
129,151
59,834

7.95
109.97
123.65

7.98
110.27
124.06

9.81
63.38
70.79

9.84
67.82
75.64

9.82
70.33
78.46

11,910
34,236
214,100
9,324
2,915
119.5
18.0

12,280
33,998
211,377
9,330
2,915
119.5
17.5

12,935
34,393
166,871
8,714
2,820
115.6
17.2

13,420
34,027
167,603
8,641
2,829
116.0
17.3

12,960
34,203
188,701
8,640
2,866
117.5
17.7

WHOLESALE PRICES, 22 CCMODITIES 2/
9 Foodstuffs
13 Raw industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

FINANCE:
Currency in circulation 3/
mil. $.
Federal Reserve bank crecTit 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. $ Poor'sj4/.1941-43=10..
Industrial, 425 stocks
do
PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Index of production
RAIL FREIGHT, REVENUE TON-MILES

thous. sh. tons..
mil. kw.-hr..
number..
thous. bbl..
thous. sh. tons..
1967=100..
bil..

1/ Data do not always cover calendar weeks.

Oct. 19
231.5
277.2
204.2

Oct. 26

230.9
283.1
200.5

75,848
90,932
36,444
157

9.77
71.03
79.35

192,505
**2,*850
116.8

2/ Tuesday price. 3/ Daily average. 4/ Wednesday data.

MONTHLY

BUSINESS STATISTICS
1974

1973
ITEM
Sept.

June

July

Aug.

Sept.

36,576
5,846
7,566

40,163
6,155
9,352

46,661
8,475
10,040

39,682
7,483
8,032

r42,282
r8,039
r8,080

46,495
8,318
10,253

do..
do..,
do..

38,902
6,165
9,550

39,248
6,266
9,783

42,785
7,665
8,976

44,122
8,136
10,045

r44,825
8.,136
rl0,112

45,023
8,479
10,222

Household durables
do..
Capital goods industries
do..
Nondefense
do..,
Defense
do..
MANUFACTURERS' ORDERS: 1/
Mew orders, net (not seasonally adjusted):
Durable goods industries, total
do..
New orders, net (seasonally adjusted):
Durable goods industries, total
do..,
Primary metals
do..,
Transportation equipment
do..,
Supplementary series:
Household durables
do..
Capital goods industries
do..,
Nondefense
do..
Defense
do..,
Unfilled orders, end of month (unadjusted):
Durable goods industries, total
do..,
Unfilled orders, end of month (seasonally adjusted):
Durable goods industries, total
.do..,
Primary metals
do..
Transportation equipment
do..,

3,084
10,956
9,445
1,511

3,042
11,118
9,583
1,535

3,281
12,629
11,033
1,596

3,192
12,106
10,675
1,431

r3,200
rl2,205
rl0,708
rl,497

3,226
12,479
10,946
1,533

39,001

41,932

49,061

43,928

r46,332

47,504

41,983
7,150
10,242

41,154
6,325
9,873

46,848
9,293
9,329

47,709
8,724
10,729

r49,463
rl0,010
rll,766

46,300
8,502
10,667

2,996
12,181
10,283
1,898

3,055
11,727
10,389
1,338

3,247
13,763
12,011
1,752

3,184
14,177
12,800
1,377

r3,133
rl5,034
rll,805
r3,229

3,155
13,187
11,415
1,772

100,225

101,994

124,536

128,786

rl32,837

133,849

101,545
14,798
28,522

103,450
14,857
28,612

126,082
17,316
32,082

129,667
17,904
32,764

rl34,305
rl9,438
r34,421

135,578
19,461
34,865

GENERAL BUSINESS INDICATORS
MANUFACTURERS' SHIPMENTS: 1/
Value (not seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Value (seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment

mil. $
do..
do..

Supplementary series:

r/ Revised.
187109

1/ Data for Sept. 1974 are advance estimates.




MONTHLY BUSINESS STATISTICS—Continued

3

1973

1974

ITEM
Aug .

Sept.

June

July

Aug.

2,201
56,898
36,688
20,210

2,213
57,505
37,492
20,0.13

2,337
69,535
47,274
22,261

2,328
71,607
49,399
22,208

r2 ,26.1
r74 ,439
r50 .498
r 2 3 ,941

837
1.14
112
130
396
85
190,147
17,188
21,225
55,207
68,438
39.1

717
105
121
130
301
60
189,473
21,054
44,024
54,935
46,552
22,908
38.6

789
90
152
112
365
70
215,504
14,169
42,814
45,826
87,269
25,426
37.0

782
103
142
124
328
85
r53.403
20,950
30,412
27,312
r47,816
26J913
37.7

709
94
117
119
318
61
232 ,681
12 ,060
17 ,826
78 931
109 ,839
14 ,025
53.4

1967=100.

135.1

135.5

147.1

148.3

150.2

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

130.9
135.0
132.8
136.6
124.7
122.6
139.3
141.9
149.4
184.0
126.6
152.6
135.2
141.1
125.0
147.0
126.3
132.8
125.8
125.3
126.5
124.5
122.3
110.6
121.3
144.9
130.5
137.6
125.7
126.1

131.8
135.4
132.8
136.5
125.5
122.6
140.6
143.4
148.3
180.2
130.3
137.3
136.6
142.9
125.4
149.2
126.8
133.6
126.5
126.1
128.3
123.9
121.6
109.1
120.3
145.5
131.1
138.3
126.3
126.8

143.3
147.1
145.2
150
141
131
150
154
160
155
153.8
183.1
149.2
152.8
129.8
161.2
149
214
144
139
135
140
139.8
116.4
133
148
139
149
136
133

144.7
148.2 1
146.1
150.9 1
141.8
133.0
152.5 j
156.6
160.5
154.6
151.6
178.7
150.9
154.4
130.3
163.2
150.9
218.5
146.2
141.4
135.3
142.6
141.9
118.0
140.2
148.6
141.0
151.4
137.8
134.6

146.5
150.0
148.0
153.0
143.7
134.8
154.2
158.4
162.8
162.1
150.7
168.2
1S2.8
156.1
130.9
165.4
152.6
220.9
148.5
143.9
138.1
143.4
142.8
118.1
144.7
148.7
142.6
153.7
139.3
135.2

1967=$1.00.

$0,740

$0,738

$0,680

$0,674

$0,666

147.6
109.4

149.0
109.9

158.5
107.9

159.3
107.6

rl60.6
rl07.0

145.04
107.48

147.31
108.72

154.14
104.90

rl54.87
rl04.61

T155.55
rl03.68

127.11
94.19

128.86
95.10

134.13
91.28

rl34.69
r90.98

rl35.22
r90.13

7.94
8.01

8.17
8.26

8.85
8.84

8.96
9.00

r9.09
r9.13

5,817.1
5,785.2
6,042.0
6,016.5
6,010.5

6,021.2
5,964.6
6,419.8
5,307.4
5,643.8

8,384.4
8,327.5
8,356.7
8,556.5
8,612.5

GENERAL BUSINESS INDICATORS--Con.
MANUFACTURERS' ORDERS--Con. 1/
Unfilled orders, end of month (seas, adj.)--Con.
Supplementary series:
Household durables
mil • $ •«
Capital goods industries
do
Nondefense
do
Defense
do
INDUSTRIAL AND COMMERCIAL FAILURES (Dun $ Bradstreet, Inc.):
Failures, total
number.,
Commercial service
do
Construction
do
Manufacturing and mining
do
Retail trade
do
Wholesale trade
do
Liabilities (current), total
thous. $.
Commercial service
do
Construction
do...
Manufacturing and mining
do...
Retail trade
do...
Wholesale trade
do...
Failures annual rate (seas. adj.)..No. per 10,000 concerns.
COMMODITY PRICES
CONSUMER PRICE INDEXES:
Unadjusted indexes:
All items
Special group indexes:
All items less food
All items less medical care
Commodities
Nondurables
Nondurables less food
Durables
Services
Services less rent
Food
Meats, poultry, and fish
Dairy products
Fruits and vegetables
Housing
Shelter
Rent
Homeownership
Fuel and utilities
Fuel oil and coal
Gas and electricity
Household furnishings and operation
Apparel and upkeep
Transportation
Private
New cars
Used cars
Public
Health and recreation
Medical care
Personal care
Reading and recreation
PURCHASING POWER OF THE DOLLAR AS MEASURED BY-Consumer prices

28,089

LABOR FORCE, EMPLOYMENT, AND EARNINGS
Earnings per production or nonsupervisory worker on payrolls of private nonfarm establishments:
Average hourly earnings index, seasonally adjusted:
Current dollars
1967=100.
1967 dollars
do...
Gross average weekly earnings:
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted
Spendable average weekly earnings (married worker with
three dependents):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted
FINANCE
MONEY AND INTEREST RATES:
Home mortgage rates (conventional 1st mortgages): 2/
New home purchase (U.S. average)
percent.
Existing home purchase (U.S. average)
do...
FOREIGN TRADE
EXPORTS (MDSE.), INCL. REEXPORTS, TOTAL
Excl. Department of Defense Shipments
Seasonally adjusted
GENERAL IMPORTS, TOTAL
Seasonally adjusted
r/ Revised. j>/ Preliminary,
weighting. 18,109



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

7,695.
7,655.
8,307.
9,003.
9,035.

7,998.9
7,929.7
8,370.0
9,166.4
9,501.8

\J Data for Sept. 1974 are advance estimates; 2/ Beginning Jan. 1973, data reflect changes in sampling and

4

MONTHLY BUSINESS STATISTICS—Continued
1974

1973
ITEM

Sept.

June

1,765
1,737
3,869

1,890
1,876
4,484

127.35
111.45
....do....
76.90
64o85
. . . . d o . . . u 1,165.9

Aug.

1

|

July

Aug.

2,064
2,316
r4,540

1,582
1,944
r4,001

1,705
1,953
4,722

168.70
138.80
95.75
79.45
1,238.9

198.65
I6806O
125.75
111.15
2,050.0

190.80
163.30
105.00
88.00
2,135.8

rl30.10
rll2.60
r89.35
r75.45
r2,176.6

58.30
52.50
33.85
29.35
541.9

61.55
53o50
36.40
32.40
567.1

45.55
37o85
61.45
56.65
636.6

56.60
48.90
47.10
42.40
646.1

32.55
25.20
40.25
35.10
638.4

838
686
152
11.5
9.9
1.7

875
754
121
11.7
10.2
1.5

812
698
114
9.0
7.8
1.2

812
691
121
9.7
8.4
1.3

r811
668
143
11.1
9.5
1.6

726
591
134
10.1
8.4
1.7

1,387
1,553
1.9

1,360
1,478
1.7

1,638
1,420
2.2

1,496
1,400
2.0

1,294
rl,388
1.8

1 385
1^385
2.0

815.9
132.6
240.8

r800.9
rl07.9
r260.6

r842.6
rl23.0
r267.1

814.0
124.9
253.9

....

Sent.

METALS AND MANUFACTURES
Industrial

trucks

(electric),

shipments:

Indc t r u c k s , t r a c t o r s (combustion e n g i n e s ) ,
MACHINE TOOLS:
Metal c u t t i n g type t o o l s :

Metal forming type

....do....
shipments l_/..do

P145.25
pll8.90
P152.35
j P 128.45
2,169.5

tools:
....do....
....do....
....do....
....do....

P 50.50
P 45.50
P 45.55
P 40.60
P643.4

TRANSPORTATION EQUIPMENT
RETAIL SALES, NEW PASSENGER CARS:

Total,

Retail

seasonally adjusted

inventories,

new c a r s

a t annual rates.o

(domestics),

end of

••••.mil.•

1

|
i

month

1
REGISTRATIONS (new v e h i c l e s ) : 2_/

979.6
151.1
275.0

1

xj Revised, p / P r e l i m i n a r y . 1_/ Revisions for J a n . - May 1974 a r e as follows (number): 4,490; 4,017; 5,604; 4,594; 5,122. 2 / Courtesy of
R. L. Polk & Co.; r e p u b l i c a t i o n p r o h i b i t e d . Data for Aug. and S e p t . 1973 omit one State*, d a t a f o r June - Aug. 1974 omit t w o ~ S t a t e s .
USCOMM—DC—18,109

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

POSTAGE AND FEES PAID
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