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WEEKLY
BUSINESS
STATISTICS

September 29, 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 COMMERCE/BUREAU OF ECONOMIC ANALYSIS
INDEX, 1941-43=10
140
PRICES OF 400 INDUSTRIAL STOCKS
130
120

INDEX, 1941-43=10
140

Monthly

(avg. of daily close)

-

110

-

^

-

100

—

/

—V.

—

Weekly

(Wednesday close)

-

130
120

1977

V w l /

1

1
J 9 7/8 /
m^

-

—

110
100

0

90

-

-

90

80

-

-

80

70

1 1 1 1 1 1 1 1 1 1 1 • . i . . I . . . .

1975

1976

lData: Stand. & Poor's Corp.

.

i . i i i> I i i i i i

1977

. . . . .

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

i

1978

. . . . . .

I.. . . I
J FMAMJ J

. . i . . 70
ASOND

MILLIONS OF SHORT TONS
5

Monthly

Weekly

1977
-

1975

Data: Amer. Iron & Steel Inst

BILLIONS OF DOLLARS
1,400

BILLIONS OF DOLLARS
1,800
PERSONAL INCOME
1,700
1,600

_ (seas, adj., at annual rates)

1,500
1,400

-

Total

(left scale)

-

-

1,300
1,200

1,300

-

Wage and Salary
Disbursements

(right scale)

1,200

150
140

1,000

130

_

900

_

800

,1 1... L, J. ,-l-J

J FMAMJ J

I 1
L_L_1

ASOND

1967=100
160
TOTAL INDUSTRIAL PRODUCTION

1,100

i I.I.i.l.I.I < i i ..II I.I 11...i 11 I.I . . 11 ii I.I 700
1,100 ... i i 1 in .i i.
1975
1976
1978
1977
Data: U.S. Dept. of Commerce

1978

1977

1976

(F.R.B. seas. adj. index)

120
110

1975

Data: Federal Reserve Board

1976

W E E K L Y BU8INE88 S T A T I S T I C S updates selected data that are published monthly

in the SURVEY OF C U R R E N T BUSINESS.


1977

II I I I
1978

WEEKLY

2

BUSINESS STATISTICS1
1978

1977

ITEM

Sept. 2

Sept. 9

Sept. 17

Sept. 24

1967=100.
do...
do...

201.4
200.0
202.3

201.0
198.2
202.9

239.6
246.4
234.8

240.9
247.0
236.7

243.3
248.9
239.3

mil. $.
do...

13,414
8,917

13,245
8,732

15,503
10,151

14, 352
9,764

14,687
9,768

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.

290
2,660
2,089
108

294
2,632
2,058
146

250
2,134
1,938
161

247
2,173
1,965
78

262

108,512
123,971
37,309

SPOT MARKET PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

Sept. 16

141

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...

98,704
109,084
35,060
321

98,154
111,964
34,924
-3

107,002
127,898
37,843
304

107,845
126,189
37,674
355

114,437
93,176
420,046
46,870
119,283
70,726

110,422
93,289
422,033
46,717
120,321
71,287

114,813
91,590
459,524
42,777
134,981
84,410

114,184
91,899
466,116
43,773
135,548
84,633

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

8.29
96.55
106.34

8.30
95.10
104.64

9.05
103.50
114.63

9.04
105.38
116.85

9.01
106.34
117.94

166

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.

16,380
40,197
179,186
8,644

15,405
40,498
198,914
i8,644

14,545
45,327
167,725
8,905

12,625
43,553
147,680
8,905

15,425
44,585
191,270
8,905

Steel, raw
Rate of capability utilization 5/

thous. sh. tons.
percent.

2,275
74.9

2,378
78.2

2,647
87.6

2,642
87.5

2,640
87.4

bil.

16.8

16.8

18.3

15.8

18.1

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
1977

ITEM
I

II

1978
III

IV

I

II r/

GENERAL BUSINESS INDICATORS
ATIONAL INCOME AND PRODUCT:
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
GROSS NATIONAL PRODUCT, TOTAL
..bil. $ . .
Personal consumption expenditures, total
do
Durable goods, total
....do....
Motor vehicles and parts
....do
Furniture and household equipment
do....
Nondurable goods, total
Clothing and shoes
Food
Gasoline and oil
Services, total
Household operation
Housing
Transportation
Gross private domestic investment, total
Fixed investment
Nonresidential
Residential
Change in business inventories
Net exports of goods and services
Exports
Imports

1,806 .8
1,167.7
173 .2
81..3
68..0

1,867.0
1,188.6
175.6
81.2
69.9

1,916,.8
1,214..5
177.4
79..5
72.,0

1,958.1
1,255..2
187.,2
84.,0
75.,3

1,992..0
1,276..7
183.5
84..1
72.,1

2,087.5
1,322.9
197.8
92.5
76.5

....do....

465,.9
78..5
237..5
46..1

473.6
79.3
244.5
46.2

479..7
81.,4
246..4
46,.0

496..9
86..7
252.,6
47.,5

501..4
82..9
257,.7
48,.3

519.3
87.5
267.8
49.1

a ......do....
.}.. ....do
.
....do....

528..6
80..2
177,.3
40..8

539.4
78.0
182.1
43.5

557..5
83.,7
186,.9
45..0

571.,1
84.,6
192.,0
47.,3

591..8
89..6
198..1
49 .7

605.8
89.9
204.1
52.1

....do....

272..5
262,.2
180..6
81..6
10..3

295.6
278.6
187.2
91.4
17.0

309..7
287..8
193.,5
94,.3
21..9

313..5
300.,5
200.,3
100..2
13..1

322 .7
306,.0
205,.6
100,.3
16,.7

345.4
325.3
220.1
105.3
20.1

-8,.5
170..9
179,.4

-5.9
178.1
184.0

-7 0
180..8
187,.8

-23..2
172,.1
195..2

-24,.1
181,.7
205 .8

-5.5
205.4
210.9

375..0
138..3
91,.9
236,.7

388.8
142.9
93.7
245.9

399..5
146..8
94..4
252.,7

412.,5
152,.2
97..1
260..3

416,.7
151,.5
97,.9
265 .2

424.7
147.2
98.6
277.6

....do

, do
....do
do
do

Gov't purchase of goods and services, total.. ....do....
Federal
National defense
....do....
State and local
....do
r/ Revised.

£/ Preliminary.




MONTHLY BUSINESS STATISTICS — Continued

3

1977

ITEM
I

II

1978
III

IV

I

II

r/

GENERAL BUSINESS I N D I C A T O R S — C o n .
IATIONAL INCOME A N D P R O D U C T — C o n .
SEASONALLY ADJUSTED QUARTERLY TOTALS A T ANNUAL R A T E S — C o n .
NATIONAL INCOME, TOTAL
...bil. $ . .
Compensation of employees, total
do....
Proprietors' income, total 1/
.....do....
Farm
do....
Nonfarm
do....
Rental income of persons with capital consumption
adjustment
do

1,447 .5
1,107 .9
95 .6
19 .4
76.1

1,499.3
1,140.5
98.9
20.0
78.9

1,537,.6
1,165,.8
97,.2
16.5
80,.8

22 .5

22.4

22..4

Corp. profits with inventory valuation and capital
consumption adjustments, total
do....
Profits before tax, total
do
Profits after tax
do
Inventory valuation adjustment
do
Capital consumption adjustment
do
N e t interest

129,.9
164 .8
96 .5
-20 .3
-14.6
91,.7

143.7
175.1
102.8
-16.6
-14.8
93.7

1,470,.7
222,.7
1,248 .0
1,195..8
52,.2

1,508.6
223.3
1,285.3
1,217.8
67.5

PERSONAL INCOME, quarterly total
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays
Equals: Personal saving

do
do....
do
do

1,603.1
1,241.0
105.0
21.9
83.1

1,688 .1
1,287 .8
110 .1
24..0
86,.1

22..7

22.8

22..2

154..8
177..5
104..8
-7,.7
-15,.0
97,.3

148,.2
178,.3
104..4
-14..8
-15..3
99..0

132.6
172.1
102.1
-23.5
-16.1
101.7

163..4
205..5
120,.5
-24,.9
-17,.2
104..6

1,543..7
224..6
1,319..1
1,244,.8
74,.3

1,593,.0
233..3
1,359.6
1,285,.9
73..7

1,628.9
237.3
1,391.6
1,309.2
82.4

1,682..4
249,.1
1,433..3
1,357,.0
76,.3

1,576 .9
1,199,.7
107,.3
25..1
82.. 3

1978

1977
ERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, A T ANNUAL RATES:
Total personal income
Wage and salary disbursements, total
do....
Commodity-producing industries, total
do
Manufacturing
do....
Distributive industries
do
Service industries
do
Government and nongovernment enterprises..
do....
Other labor income
do....
Proprietors' income 1/
Faim
do....
Nonfarm
Rental income of persons with capital consumption
adjustment
do....
Dividends
Personal interest income
Transfer payments
do....
Less personal contrib. for social insurance.
do
Total nonfarm income
NDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT):
SEASONALLY A D J . , TOTAL INDEX (INCL. UTIL.)
.1967=100..
BY MARKET GROUPINGS:
PRODUCTS, TOTAL
Final products
Consumer goods
Durable consumer goods
do....
Automotive products
Autos and utility vehicles
Autos
Auto parts and allied goods
do
Home goods
Nondurable consumer goods
Clothing
Consumer staples
Equipment
Business
Industrial equipment
Commercial, transit, and farm equip.
Defense and space equipment
Intermediate products
Construction supplies
Business supplies
MATERIALS, TOTAL
Durable goods materials
Nondurable goods materials
Energy materials
BY INDUSTRY GROUPINGS:
MINING AND UTILITIES
MINING
Metal mining
Coal
Oil and gas extraction
r/ Revised,

g/ Preliminary,




do

do....
do
do
do
do

do
e/ Estimated.

July

July

Aug.

rl,695..7
rl,098.4
r390..9
r298..1
r268..3
r224..3
214.,9
105..4

rl,719.9
rl,109.4
r395.4
r301.6
269.9
r228.2
215.9
106.7

1,728..4
1,112..8
395..5
301..1
271.,4
228,.9
216.,9
108.,0

24.,8
86..1

25..3
r86..1

24.4
r88.0

24..0
88.,4

22.4
44.1
143.7
212.1
61.3
1,511.2

22..1
48,.0
156..5
221.,3
69.0
1,641..8

r22..1
49..0
rl57,.6
r220..8
r69..6
rl,654.,7

r24.3
49.2
rl59.1
r229.0
r70.3
rl,679.7

24..4
50..3
160..6
230..4
70.,4
1,688.,5

138..7

138.1

143..9

rl44,.9

pl45.9

el46..6

138..7
136,.8
145..4
158..0
184.8
184.,1
161.,4
186..6
142..9

138.4
136.3
144.7
154.7
177.2
173.1
150.9
187.3
142.1

143..1
140,.5
rl47..0
160..2
180..0
175..6
151.,6
rl91.,5
rl48.,9

rl43.9
140..9
146..9
rl60..5
rl79.6
rl74.,3
rl49.,8
rl93..0
rl49..9

pl44.9
pl41.9
pl47.2
pl60.9
pl81 7
pl77.0
pl52.7
pl93.6
pl49.3

el45..6
el42,.5
el47..3
el60.,8
el 81. 0
el 75. 5
el52..0
el95..1
el49.,5

140.,3
124..1
144. 8
124..8
151.,2
140.,7
163. 3
80.,4

140.6
126.4
144.6
124.9
151.1
140.4
163.4
80.8

141.,7
125.,4
146..2
131..6
160..2
rl49..7
172..3
r83.6

rl41.,5
125..0
rl46.,0
rl33..0
rl61.,8
rl50,.8
rl 74.,7
r84..6

pi41.7

el41.,9

pl46.5
pi34.3
pl63.5
pl52.1
pi76.8
p85.4

eU6. .7
el 35..8
el65..3
el53..6
el 79..0
e86,.2

146.3
141. 2
151.,3
138. 9
136.,8
154.,1
125.,2

146.1
141.7
150.6
137.6
135.4
155.1
121.4

rl52.,6
150.,4
rl55..0
rl45,.1
rl43..9
rl63..5
rl25..2

rl54.,5
rl52. 1
rl57.,0
rl46..4
rl45.,2
rl64..3
rl27.,3

pl55.8
pl53.8
pl57.6
pl47.6
pl48.1
pl63.1
pl27.0

el56.,8
el55.,0

139.,4
119..8
101..9
120.,7
120.,6

134.4
115.4
70.0
113.6
119.3

rl40..9
rl26..7
rl20..0
rl 31..7
rl26..3

rl42..0
rl28..0
121..1
rl36..4
rl27.0

pl41.7
pl26.6
pll8.2
pl32.1
pl26.1

el41..8
el26..1

Aug.

May

1,533..5
988..9
347..7
268..7
240..4
200..4
200..4
91.,0

1,540.7
991.5
346.9
268.4
240.2
202.6
201.8
92.2

1,682,.1
1,088..4
386..2
295,.9
266..1
222,.0
213..9
104.,0

15.9
80.,5

15.0
80.8

22..3
43.8
142.,1
210.,3
61..2
1,503..3

June

1/ With inventory valuation and capital consumption adjustment.

el48.,1
el49..1
el63.,2
el26.,9

el26!
el26..3

MONTHLY BUSINESS STATISTICS— Continued 3
1978

1977

ITEM
July

Aug.

May

June

July £/

A u g . e/

GENERAL BUSINESS INDICATORS—Con.
INDUSTRIAL PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT)- -Con.
' SEASONALLY ADJ., TOTAL INDEX (INCL. UTIL.)--Con.
BY INDUSTRY G R O U P I N G S — C o n .
MINING AND U T I L I T I E S — C o n .
UTILITIES
1967-100..
Electric
MANUFACTURING, TOTAL
Nondurable manufactures
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

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

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastics products
Leather products
Durable manufactures
Ordnance, p v t . and govt
Lumber and products
Furniture and fixtures
i,
Clay, glass, and stone products
Primary metals
Fabricated metal products
Nonelectrical machinery
Electrical machinery
Transportation equipment
Instruments
r/ Revised.

£/ Preliminary

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

155.,7
175..4

rl57.0
rl77.1

rl57..7

158.5

159.3

138.,5
148..6
138..3
114..5
137..2
121..1
139.,2

138..6
149.,4
139.3
117..0
136..6
124.,1
140,.3

rl44.3
rl54.0
rl42.8
120.2
138.5
rl25.8
146.6

rl45..4
rl54.,8
rl41.,8
122..7
rl 40. 4
126..8
147,.8

146.4
154.7
142.3

147.3
155.2

141.4

138.5

124,.9
182..6
140..4
235..2

128.2
188.1
rl43.4
r252.7
75.7

rl28,.7
rl90,.8
rl42.,6
r255..5
r75., 1

130.4
191.4
143.7
258.6
73.3

131.4

74 \

125..0
182..6
139..9
237..4
74,, 5

131.,6
75,.0
132..9
143..0
148.0
114.4

131..3
75..5
131.,8
142..9
148..8
112..5

137.6
r74. 3
136.5
152.8
rl57.9
rll5.5

rl38..8
r74.,7
rl 38.,5
rl55,.9
rl59..3
rll7,.6

140.8
75.3
139.0
157.9
160.1
122.5

141.9
76.0

124.4

132..0
145..7
143,.6
125,.6
159,.0

134..0
145.,2
143,.9
124..3
158,.3

140.4
152.9
rl52.9
130.1
169.8

rl42..3
rl54,.4
rl54..1
rl30,.1
rl 72.0

143.5
157.2
155.0
132.1
172.1

144.7
158.8
156.0
132.9
171.9

141.0

144! 3

e/ Estimated.

iVu.S. GOVERNMENT PRINTING OFFICE:

1 9 7 8 — 2 6 1 — 769/10

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
W A S H I N G T O N , D.C. 2 0 4 0 2
OFFICIAL BUSINESS

First-Class Mail

WEEKLY BUSINESS STATISTICS



, do
do

161..4
183..9

POSTAGE AND FEES PAID
U.S. DEPARTMENT OF COMMERCE
C0M-209

UjSJMAIL