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WEEKLY
BUSINESS
STATISTICS

W

September 1, 1978

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 C O M M E R C E / B U R E A U OF ECONOMIC ANALYSIS
BILLIONS OF DOLLARS
500
TOTAL LOANS A N D INVESTMENTS
475 (Weekly Reporting Member Bonks of Federal Reserve System)

BILUONS OF DOLLARS
AWWy
(average of Wednesday data)

450
425
400
375
350
325
300 ..-JL1.UI.-I 1 1 1 1 1 1
1975

i . . i rl

1976

Data: Federal Reserve Board

i i i i i

1978

1977

MILLIONS OF SHORT TONS
20
RAW STEEL PRODUCTION (ingots and all other forms)

J FMAMJ

JASOND

MILLIONS OF SHORT TONS
5
Weekly

16 1937
12 -

8 -

1 I1

I i i i ii

1975

1976

Data: Amer. Iron & Steel Inst

I i i i i i

1977

HOURS
52

DOLLARS
7.40
MANUFACTURING HOURS &
EARNINGS

50

{Hours seasonally adjusted)

i i i i ii Ii i i i i

1978

J FMAMJ

JASOND

MILLION
3.0
PRIVATE H O U S I N G STARTS

48
46

^roct lomiitgs
(Mr seal*)

44
42
40
1975

Data: U&Dept of labor

1976

1977

1978

38

1975

Data: U.& Dept of Commerce

1976

WEEKLY BU8INE88 STATISTICS updates selected data that are published monthly


in the SURVEY OF CURRENT BUSINESS.


1977

* * * * •

1

* *

1978

•

1 1

WEEKLY BUSINESS STATISTICS1

2

1978

1977

ITEM
Aug. 20

Aug. 27

Aug. 5

Aug. 12

Aug. 19

1967*100,
do...
do...

200.2
196.9
202.4

201.2
199.3
202.4

230.1
234.5
227.0

234.0
238.0
231.0

237.9
243.2
234.1

ALL RETAIL STORES, SALES
Nondurable goods stores

mil. $.
do...

13,468
8,881

13,750
8,941

15,127
9,915

14,875
9,816

15,063
9,932

INITIAL UNEMPLOYMENT CLAIMS, State programs...
INSURED UNEMPLOYMENT, all programs
State programs (50 States, D.C., and Puerto Rico)
FAILURES, INDUST, AND COHWERCIAL (Dun & Bradstreet)

thous.
do...
do...
number.

299
2,753
2,336
179

282
2,648
2,241
163

376
2,545
2,281
134

326
2,541
2,302
115

285
168

98,080
110,161
35,401
202

97,719
111,224
34,800
28

106, 715
126,309
38,037
378

107,080
123,460
37,222
47

107,464
124,347
37,900
289

110,775
94,485
419,795
47, 354
118,860
70,484

108,691
93,912
416,266
46,718
119,036
69,656

116,948
91,855.
455,623
42,859.
135,470
82,600

115,665
91,880
458,616
42,613
134,577
83,155

116,663
91,848
460,840
43,607
135,123
83,720

8.35
97.74
107.53

8.34
97.23
107.01

9.16
102.92
113.98

9.07
104.50
115.53

9.08
104.65
115.82

12,940
45,796
75 , 758
8,901

13,775
48,305
98,803
8,901

SPOT MARKET PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials

FINANCE:
Currency in circulation V
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: £/
Deman d depos i ts, ad j us ted
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'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/

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

11,700
42,789
102,104
8,458

12,460
42,072
122,985
8,458

13,070
45,218
103,233
8,901

Steel, raw
Rate of capability utilization 5/

thous. sh. tons.
percent.

2,331
76.7

2,389
78.6

2,640
87.4

2,614
86.5

2,571
85.1

bil.

15.3

15.9

17.2

17.2

17.5

RAIL FREIGHT, REVENUE TON-MILES

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
1978

1977

ITEM
June

July

Apr.

May

June

r/

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
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense

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

62,943
9,504
15,833

52,831
7,844
12,712

68,379
10,252
17,087

67,357
10,086
16,833

71,839
10,609
17,540

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

58,049
8,836
14,345

57,463
8,507
14,221

66,493
9,824
16,288

65,417
9,628
15,971

66,293
9,860
15,887

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

3,790
16,610
13,957
2,653

3,640
17,071
14,426
2,645

4,369
19,536
16,598
2,938

4,133
19,058
16,257
2,801

4,361
19,653
16,782
2,871

do...

63,955

53,776

71,890

70,723

74,237

do...
do..
do...

59,111
8,330
15,563

56,367
8,638
13,260

70,033
10,308
17,721

70,045
10,754
18,019

68,840
10,428
17,953

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

3,723
18,080
15,490
2,590

3,695
16,000
13,936
2,064

4,513
21,440
17,409
4,031

4,150
22,202
18,124
4,078

4,263
21,592
18,155
3,437

do...

173,006

173,951

199,549

202,915

205,310

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

174,363
17,014
56,218

173,267
17,145
55,257

199,895
21,349
65,915

204,516
22,476
67,963

207;067
23,043
70,029

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

r/ Revised. 1/ Data for July 1978 are advance estimates.



3

MONTHLY BUSINESS STATISTICS — Continued
1977

ITEM

1978

June

July

Apr.

2,796
114,138
82,265
31,873

2,851
113,067
81,775
31,292

3,625
129,310
91,528
37,782

3,644
132,453
93,395
39,058

r3,546
rl34,393
r94,768
r39,625

thous.
do...
do...

197.8
197..6
149.1

189.8
189.8
138.2

197.5
197.5
139.9

r211.1
r211.0
rl54.9

r215.9
r215.8
rl54.6

do...
do...

1,931
1,406

2,072
1,453

2,165
1,492

r2,054
rl,478

r2,124
rl,445

NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING
PERMITS (14,000 permit-issuing places):
Seasonally adjusted at annual rates:
Total
One-family structures

do...
do...

1,739
1,114

1,678
1,114

1,740
1,157

1,597
1,058

rl,821
rl,123

MANUFACTURERS' SHIPMENTS OF MOBILE HOMES:
Unadjusted
Seasonally adjusted at annual rates

do...
do...

26.8
264

22.3
251

23.1
252

26.5
258

11,265

9,660

9,027

rl0,438

11,370

2,104
7,102
2,059

1,840
6,180
1,640

2,011
5,261
1,755

r2,260
r6,424
rl,754

22,590
7,260
1,851

4.9
3.7
3.5
1.9
.8

4.2
3.0
4.3
1.9
1.5

4.0
2.9
3.5
2.0
.7

4.7
3.6
3.6
.7

p4.9
p3.9
p3.8
p2.2
p.7

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

3.9
2.8
3.8
1.8

3.8
2.7
3.9
1.8

4.2
3.2
4.0
2.3

4.1
3.1
3.9
2.1

p3.9
p3.0
p4.0
p2.1

number.

580

552

460

568

545

thous.
do...

197
2,874

243
3,582

132
2,055

171
3,072

130
2,724

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

137,763
114,757
2*0
102,239

141,394

11,620

133,932
110,203
788
98,711
11,595

1,750
103,500
11,718

141,977
116,607
1,167
102,826
11,718

rl48,127
rl24,439
1,428
110,146
11,706

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

137,763
40,872
24,562
86,326

133,932
36,748
26,912
86,674

141,394
36,663
28,321
92,331

141,977
33,647
30,135
94,570

rl48,127
r40,595
r27,920
95,345

percent.

8.38

8.33

8.88

9.02

9.13

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

7.95
8.19
8.46
8.91

7.94
8.12
8.40
8.87

8.56
8.73
8.93
9.32

8.69
8.84
9.05
9.49

8.76
8.95
9.18
9.60

8.18
8.48
8.02

8.72
9.05
8.49

8.84
9.19

8.92
9.33
8.68

May

June

GENERAL BUSINESS INDICATORS—Con.
MANUFACTURERS' O R D E R S — C o n . 1/
Unfilled orders, end of month (seasonally adjusted)--Con.
Supplementary series:
Household durables
mil. $ .
Capital goods industries
do...
Nondefense
do...
Defense
do...
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 mortgage loans of all savings and loan associations,
estimated total
mil. $.
By purpose of loan:
Home construction
do...
Home purchase
do...
All other purposes
do...
LABOR FORCE, EMPLOYMENT AND EARNINGS
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS:
Unadjusted for seasonal variation:
Accession rate, total
m o . rate per 100 employees.
New hires
do...
Separat ion r ate, tot al
do...
Quit
do...
Layoff
do...
Seasonally adjusted:
Accession rate, total
New hires
Separation rate, total
Quit
WORK STOPPAGES:
Number of stoppages:
Beginning in month
Workers involved:
Beginning in month
Days idle during month

2.1

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
Assets, total
Reserve bank credit outstanding, total
Time loans
U . S . Government securities
Gold certificate account
Liabilities, total
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
SECURITY MARKETS:
BOND YIELDS:
Domestic corporate (Moody's)
By ratings:
Aaa
Aa
A
Baa
By group:
Industrials
Public utilities
Railroads
r/ Revised. £/ Preliminary.




8.23
do...
8.53
do...
8.06
do...
1/ Data for July 1978 are advance estimates.

116,621

8.60

MONTHLY BUSINESS STATISTICS— Continued 3
1978

1977

ITEM
June

July

Apr.

May

June

July

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

311.38
916.56
113.63
237.48

Standard § Poor's Corporation:
Combined index (500 stocks)
Industrial, total (400 stocks)
Capital goods (111 stocks)
Consumer goods (189 stocks)
Utilities (40 stocks)
Transportation (20 stocks)
Railroads (10 stocks)
Financial (40 stocks)
New York City banks (6 stocks)
Banks outside N.Y.C. (10 stocks)
Property-Casualty Insurance (6 stocks)

311.20
908.20
117.11
236.39

276.65
794.66
105.85
214.50

288.45
838.56
104.85
225.96

288.53
840.26
105.48
224.33

287.85
831.71
105.54
227.06

100.18

50.04
98.88
121.13

92.71
102.07
97.86
82.69
52.16
13.30
44.77
11.20
42.04
97.09
107.52

97.41
107.70
104.69
86.84
51.71
14.01
46.05
11.87
45.20
102.28
107.88

97.66
107.96
106.36
87.51
52.25
13.88
44.92
11.87
44.85
101.70
108.43

97.19
107.39
105.16
86.68
52.32
14.00
43.97
11.75
43.62
100.76
106.90

1941-43=10.
do...
do...
do...
do...
1970*10.
1941-43=10.
1970=10.
1941-43=10.
do...
do...

99.29
109.46
108.17
84.36
55.29
14.82
53.06
11.74
47.61
95.30
121.39

New York Stock Exchange common stock indexes:
Composite
12/31/65=50.
Industrial
do...
Transportation
do...
Utility
do...
Finance
do...

54.30
58.44
43.29
41.59
55.29

54.94
58.90
43.52
42.44
57.29

51.75
55.48
41.19
39.69
55.04

54.49
59.14
44.21
39.47
57.96

54.83
59.63
44.19
39.41
58.31

54.61
59.35
44.74
39.28
57.97

1,117
920
198
11.7
r9.4

913
731
182
10.9
r8.8
r2.1

1,043
863
180
rl2.3
rl0.2
r2.1

1,159
963
196
12.1
rlO.O
r2.1

1,137
950
187
rll. 8
r9.7
2.0

p930
p762
pl68
pll.O
p9.1
pi.9

110.12
107.69
85.21
56.95
14.68
53.12
12.11

TRANSPORTATION EQUIPMENT
Passenger cars (new):
Retail sales, total, not seasonally adj
Domestics
Imports
Total, seas, adjusted at annual rate
Domestics
Imports

thous.
do...
do...
mil.
do...
do...

2.1

r/ Revised. £/ Preliminary.
-&U.S. GOVERNMENT PRINTING OFFICE:

1978-261-769/6

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

First-Class Mai

WEEKLY BUSINESS STATISTICS



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