The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
NOVEMBER 23, 1973 A WEEKLY BUSINESS STATISTICS SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS* U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS Billion $ 350 Billion $ 350 TOTAL LOANS AND INVESTMENTS ( W e e k l y R e p o r t i n g M e m b e r Banks o f F e d e r a l Reserve System) 325 ^ y ^ - 300 - 275 - 250 I Monthly (average 225 JJ^£™LJ—i—LJ—i—i—i i i—I—L™J—LJ 1970 Data: 1—I L J U J — „L™L_L-JL I I 1971 | | I I I i I of Wednesday i i i i 1972 i i i J F M A M J J A S O N D ' Thousands 350 Monthly - 1 \ 600 \ \fj 400 0 i 1973 800 200 data) i Federal Reserve Board Thousands 1,400 MOTOR VEHICLE PRODUCTION (Passenger cars) 1,200 1,000 i 1 1 1 l 1 1 1 1 l ~ 1 I —1 1970 1 I -L - 1 — 1 1- -J J_ . . J — J _ —L-..L..J.—L. 1 1971 1 1 l,.J_L I 1 1 1 I l 1 1 ..J i l l J FMAMJ 1973 1972 J A S O N D Motor Vechicle Mfrs. Assn. Billion 1,100 Bill ion $ 900 Million 3.5 PERSONAL INCOME PRIVATE HOUSING STARTS (Seas, adj., at annual rates) (Seas, a d j . , a t a n n u a l rates) 1,000 800 Total (left scale) - 3.0 2.5 900 A. 700 A - 2.0 800 600 Wage and Salary Disbursements (right scale). 700 - I l II 1970 I I I l i I i I I i i 1971 U.S. Dept. of Commerce I I I I I 1 I I, L | 1 j [ i | | | | | | , 1972 500 1.5 1.0 i i i i i 1 i i i i i j-i,i i i 1 i i i i i 1970 1973 Data: U.S. Dept. of Commerce A v a i l a b l e 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 - A/ 1971 1 1 1 1 11 1 LLUL. 1972 Ill 1973 l.l l_ WEEKLY BUSINESS STATISTICS1 2 1973 1972 Nov. 3 Oct. 27 Nov. 10 Nov. 17 1967=100.. 124.2 125.9 191.1 187.5 191.9 ....mil. $.. do.... 8,028 5,973 9,340 6,221 9,895 6,453 10,223 6,766 10,105 6,890 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.. 236 1,641 1,457 194 230 175 201 1,487 1,331 188 153 181 189 FINANCE: Currency in circulation _3/ mil. $.. Federal Reserve bank credit outstanding, total _3/....do.... Member bank reserve balances 3J do.... Excess reserves, estimated 3J do.... 63,801 77,896 33,694 124 64,471 75,528 32,132 786 68,970 84,607 34,911 275 68,776 83,294 34,966 123 69,061 82,648 34,572 202 69,834 82,632 34,728 21 Assets and liabilities of large commercial banks: kj 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.... 92,514 58,228 296,753 25,674 88,264 45,038 98,124 58,179 300,609 26,313 88,607 45,324 98,046 56,171 339,876 23,108 107,182 53,667 99,610 56,135 341,626 23,195 106,719 53,865 97,450 56,269 345,331 24,157 107,059 53,950 Bond yields, domestic corporate (Moody's) 3J percent.. Stock prices, 500 stocks (Stand. & Poor's) kj..1941-43=10.. Industrial, 425 stocks do.... 7.55 113.35 126.46 7.53 114.50 127.70 7.98 110.27 124.06 7.99 108.29 121.72 8.01 105.80 118.84 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^/ thous. sh. tons... mil. kw.-hr.. .number.. thous. bbl.. 11,915 33,099 205,648 9,508 11,720 34,089 209,586 9,537 12,280 33,998 211,377 9,330 11,995 34,752 219,792 9,309 12,395 35,780 210,520 9,281 Steel, raw Index of production RAIL FREIGHT, REVENUE TON-MILES thous. sh. tons.. 1967=100.. bil.. 2,663 109.2 16.2 2,636 108.0 16.1 2,915 119.5 17.5 2,929 120.1 17.6 2,932 120.2 17.2 190.8 8.02 102.45 115.16 208,673 2,907 119.2 1/ Data do not always cover calendar weeks. 2J Tuesday price. 3J Daily average, kj Wednesday data. MONTHLY BUSINESS STATISTICS 1972 1973 GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT: SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES: GROSS NATIONAL PRODUCT, TOTAL bil. $ Personal consumption expenditures, total do.. Durable goods, total do.. Automobiles and parts do.. Furniture and household equipment do.. 1,142.4 719.2 115.1 51.2 47.3 1,166.5 734.1 120.2 55.0 48.6 199.2 752.6 122.9 55.7 50.0 1,242.5 779.4 132.2 60.5 53.7 272.0 795.6 132.8 59.7 54.4 rl,304.5 r816.0 rl32.8 r59.2 r55.0 297.9 61.7 144.7 25.0 302.3 62.9 146.5 25.8 310.7 65.1 149.1 26.6 322.2 68.3 154.7 27.5 330.3 69.3 158.1 28.8 r341.6 r70.3 rl64.3 29.4 do.. do.. do.. do.. 306.2 43.2 104.7 21.7 311.6 44.5 106.3 21.8 319.0 45.7 107.9 22.2 325.0 46.5 110.6 22.8 332.6 47.1 113.3 23.2 r341.6 48.7 rll5.8 23.7 Gross private domestic investment, total Fixed investment Nonresidential Residential structures Change in business inventories do.. do. . do.. do.., do.., 174.7 169.2 116.3 52.8 181.5 172.9 118.3 54.5 189.4 181.2 124.3 56.9 194.5 189.9 130.9 59.0 198.2 193.7 134.1 59.6 8.2 4.6 4.5 r202.0 rl97.3 rl38.0 r59.2 r4.7 Net exports of goods and services Exports Imports do.., do.., do.., -5.7 69.9 75.6 -3.8 74.0 77.7 -3.5 79.7 83.2 .0 2.8 89.7 89.7 97.2 94.4 r7.6 rl04.5 r97.0 254.2 106.7 76.6 147.5 254.7 102.3 71.9 152.4 260.7 102.7 72.4 158.0 268.6 105.5 74.3 163.0 275.3 107.3 74.2 168.0 r279.0 rl06.8 r74.2 rl72.2 Nondurable Clothing Food and Gasoline goods, total do.. and shoes do.. beverages...........................do.. and oil do.. Services, total Household operation Housing Transportation Gov't, purchases of goods and services, total....do.., Federal do.., National defense do. . , State and local do.., r/ Revised. 11,523 5.5 8.7 MONTHLY BUSINESS STATISTICS —Continued 3 1973 1972 GENERAL BUSINESS INDICATORS—Con. NATIONAL INCOME AND PRODUCT—Con. SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES—Con. NATIONAL INCOME, TOTAL bil. $, Compensation of employees, total. do.., Proprietors* income, total do.., Business and professional ....do.., Farm .do. . , Rental income of persons .do.., Corp. profits and inventory valuation adj., total.do.., Corporate profits before tax, total do.., Corporate profits after tax do.., Net interest do.., PERSONAL INCOME, quarterly total ..do... Less: Personal tax and nontax payments do... Equals: Disposable personal income. do... Less: Personal outlays do... Equals: Personal saving ....do... 928. 699. 73, 53. 19. 22. 88.0 94.8 53.4 44.8 926.1 140.7 785.4 739.5 45.9 949.2 713.1 74.1 54.3 19.8 24.9 978.6 731.2 77.1 55.3 21.8 24.9 ,015.0 757.4 80.6 56.3 24.3 24.7 ,038.2 774.9 81.5 57.1 24.4 24.6 91. 98.8 106.1 60.3 46.6 976.1 147.4 828.7 774.3 54.4 104.3 119.6 66.9 47.9 996.6 145.1 851.5 801.5 50.0 107.9 128.9 71.6 49.4 ,019.0 149.3 869.7 818.7 51.0 55 45 943 142.8 800.9 755.1 45.8 1972 1973 Sept. 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 do.., Other labor income do.., Proprietors' income: Business and professional do.., Farm do.., Rental income of persons do.., Dividends do.., Personal interest income do.., Transfer payments .do. . , Less personal contributions for soc. insurance....do.., Total nonagricultural income do.., INDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT): SEASONALLY ADJ., TOTAL INDEX (INCL. UTIL.) 1967=100. BY MARKET GROUPINGS: Products, total do... Final products do... Consumer goods do... Durable consumer goods do... Automotive products. .do.., Autos .do... Auto parts and allied goods do... Home goods do... Nondurable consumer goods..... do... Clothing do... Consumer staples..........................do... Equipment. do. .. Business.••.•.••......•....•.•.••......•....do... Defense and space equipment do... Intermediate products do... Materials ..0 do... Durable goods materials do... Nondurable goods materials do... Fuel and power, industrial • • do... BY INDUSTRY GROUPINGS: MANUFACTURING, TOTAL do. . . Durable manufactures. • do... Primary metals do... Fabricated metal products do... Machinery do... Transportation equipment do. . . Instruments do... Lumber and products do... Clay, glass, and stone products do... Furniture and fixtures do... Nondurable manufactures do... Textile mill products do... Apparel products do... Leather and products do... Paper and products do... Printing and publishing...•....-.o.. ====o=do=== Chemicals and products do... Petroleum products do... Rubber and plastics products ..do... Foods. do... Tobacco products do.. • r_/ Revised. 11,523 2/ Preliminary. July Aug. Sept. 951. 638. 230. 179. 153. 118. 136. 41. 967.0 643.8 232.8 181.6 155.2 119.2 136.7 42.0 1,035.6 693.2 253.4 197.9 165.3 129.4 145.1 44.8 1,047.3 698.9 254.8 198.7 167.1 130.8 146.2 45.3 rl,058.5 r706.0 r257.8 r200.8 rl68.7 rl32.5 147.0 45.8 54. 20. 25. 26. 78. 101. 35. 923. 55.1 20.8 25.1 26.3 79, 109. 35. 938. 57.8 25.9 25.0 27.6 87.8 116.9 43.4 1,001.8 58.0 27.1 25.3 28.2 89.0 119.0 43.6 1,012.1 r58.1 28.3 25.5 28.3 r90.3 120.2 43.9 rl,021J 117.6 119.2 126.7 126.5 rl27.1 115 .6 113 .6 125 .2 125 .7 125 .4 109 .6 155 .8 125 .8 117.3 115.3 127.0 129.1 132.3 118.9 158.0 127.3 rl24.2 rl22.1 132.8 rl42.4 141.7 134.0 156.7 rl42.9 123.6 rl21.3 rl31.1 rl33.6 rl21.4 103.9 rl55.1 rl40.6 rl23.8 rl22.0 131.7 rl38.1 rl29.6 118.3 rl51.5 rl42.9 124 .9 113 .5 127 .9 97 .7 109 .6 77 .6 122 .8 120 .9 118 .1 124 .6 124 .5 126.2 113.5 129.5 98.9 111.6 77.9 124.7 122.3 120.2 125.3 123.2 rl29.1 116.5 rl32.5 rl07.3 rl23.0 81.1 rl32.5 rl30.9 rl31.7 rl30.4 rl26.9 rl30.1 117.0 rl33.5 rl07.7 rl23.9 r80.8 rl32.2 rl31.5 rl32.4 rl30.9 126.3 rl29.3 117 0 111 6 119 7 118 0 111 8 99 5 124. 3 123. 6 120. 9 116. 7 124. 8 121. 1 108. 3 91. 6 130. 1 109 =4 144. 8 121. 3 149. 8 119. 8 103. 0 118.5 113.8 122.1 120.4 114.0 102.7 125.0 127.3 123.5 117.6 125.2 123.2 109.5 88.0 131.1 112,4 143.9 123.8 148.4 119.0 111.8 rl26.5 rl23.8 rl28.1 rl33.5 rl27.6 112.1 rl40.8 rl25. rl32. 127. rl30. rl28. 112.1 79.2 135.3 rll6.0 rl52.0 rl29.3 rl68.8 rl22.4 rl26.5 rl23.0 rl27.3 rl33.9 rl28.5 105.8 rl41.1 rl28.4 rl29.7 rl28.6 rl31.2 rl28.1 113.7 r81.1 rl37.0 rll7.4 rl52.7 rl28.9 rl68.0 r!22.5 110.1 105.3 rl32.6 rl08.5 rl25.3 r81.0 rl30.6 rl32.0 rl33.3 rl30.7 rl28.9 rl26.5 rl23.5 rl29.5 rl30.5 rl29.5 rl07.9 rl40.9 130.0 129.4 128.5 rl31.0 128.6 85.8 134.9 rll7,4 rl53.4 125.1 162.0 rl22.6 4 MONTHLY BUSINESS STATISTICS—Continued 1972 Sept. 1973 Oct. July Aug. Sept. Oct. 2.1 GENERAL BUSINESS INDICATORS—Con. INDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT)—Con. SEASONALLY ADJ., TOTAL INDEX (INC. UTIL.)--Con. BY INDUSTRY GROUPINGS—Con. MINING. ........................................ .1967=100 Metal mining......................................do.. Coal.............o................. ..o do.. Oil and gas extraction.... do.. UTILITIES ..... do . . Electric. do.. 110.8 124.8 105.2 111.8 146.4 153.1 110.2 122.8 100.8 111.5 147.1 154.2 rlll.O rl28.4 109.0 109.5 rl54.8 rl64.0 rll2.3 rl30.9 rl04.0 rill.5 rl54.8 rl63.7 rll2.9 135.2 110.0 111.5 rl55.8 rl65.0 104.9 112.0 157.6 167.4 204.4 203.0 120.5 218.2 216.5 117.0 203.2 202.6 114.7 rl99.8 rl97.2 rl06.8 rl45.7 rl45.2 r84.1 146.7 144.3 85.2 2,426 1,382 2,446 1,315 2,191 1,247 r2,094 rl,125 rl,761 r977 1,613 945 2,366 1,029 2,318 1,138 ,780 904 1,750 805 rl,596 r778 ,310 645 FEDERAL RESERVE BANKS, CONDITION, END OF MONTH: Assets, total .mil. $ Reserve bank credit outstanding, total.... .......do.. Discounts and advances .....do.. U.S. Government securities..........................do.. Gold certificate account ...do.. 98,658 74,859 239 69,874 10,303 100,039 75,173 481 70,094 10,303 104,439 83,349 2,225 77,098 10,303 101,577 82,489 2,842 76,093 10,303 rl01,944 r81,123 rl,558 76,165 10,303 107,340 85,255 2,198 78,491 11,460 Liabilities, total......................................do. . Deposits, total.......................................do.. Member-bank reserve balances......... .do.. Federal Reserve notes in circulation... .....do.. 98,658 29,719 27,515 56,351 100,039 29,159 26,757 57,062 104,439 32,461 28,495 61,362 101,577 30,822 28,955 61,640 rl01,944 r30,919 r28,240 61,628 107,340 34,804 31,705 62,120 112.7 CONSTRUCTION AND REAL ESTATE NEW HOUSING UNITS STARTED: Unadjusted: Total (private and public)...........................thous Privately owned. .do.. One-family structures.............................do.. Seasonally adjusted at annual rates: Total privately owned. ............. • ..do... One-family structures. .....do.. NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING PERMITS (14,000 permit-issuing places): Seasonally adjusted at annual rates: Total do... One-family structures.....•..••....•..•...........•.do.. FINANCE r_/ R e v i s e d , JD/ P r e l i m i n a r y . USCOMM—DC—11,523 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON, D.C. 20402 POSTAGE AND FEES PAID U.S. GOVERNMENT PRINTING OFFICE 375 OFFICIAL BUSINESS First-Class Mail WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS I U&MAJL
@FedFRASER