A UNITED STATES DEPARTMENT OF COMMERCE PUBLICATION

BUSINESS STATISTICS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS*

APRIL 10. 1970 U.S. D€PARTMINT OF GOMMERGl/OFFICE OF BUSINESS ECONOMICS

1957-59 = 100 250

ELECTRIC POWER PRODUCTION (by utilities) (E. E. 1. sea. a d j . index)

180 1967

Data: Edison Electric Inst. 1968

Monthly

_l L J I I l _ J _ J — l _ J

\957-59-}QQ 1 270

260

250

240

230

1969

Weekly

_ l _ J _ _ L - L _ l _ L j JLJ L J L

-j 210

200 1969 1970 J F M A M J J A S O N D

Biiii(

60

45

MANUFACTURERS' SHIPMENTS & INVENTORIES (seasonally adjusted)

A / Shipments

(left scale)

L t l - U - j J - O - L I l l i l l-JL-U

Billion $

Book value, end of month

I I I i I I I j X-LJ-I I I I M I I.

100

90

80

70

wo/ i: Data: U.S. Dept. of Commerce

1957-59 = 100 120

115

110

105

100

95

WHOLESALE PRICES All Commodities

V industrial Commodities

. A J 1 - / V \ A / • Farm Products \

i

i i i L I M i i i i i i i i i I i i

1967 1968 Data: Federal Reserve Board

!°*9 1970

Billion $

100

80

60

40

NEW CONSTRUCTION ~ (Seas, ad j . , a t annua l rates)

Total Put in Place (left scale)

_ Private Residential, Nonfarm j

( r ight scale) \ !

i i _L1_L.-1.L I L I 1 L I I.JLO. I . J _ L 1 1 i 1 M 1 1 1 1 • 1 1 1 1 1 i 1

Billic

-

1 ! 1 1 1 i 1 ' ! 1 !

H 80

H 60

40

20

1967 1968 Data: U.S. Dept. of Commerce

1969 1970

Billion $ 11.0

30.0

9.0

8.0

7.0

6.0

CONSUMER INSTALLMENT CREDIT EXTENDED AND REPAID (seasonally adjusted)

1967 1968 Data: Federal Reserve Board

1969 1970

* Ava i lab le only wi th subscript ion to the SURVEY OF CURRENT BUSINESS, this Supplement

provides selected week ly and monthly da ta subsequent to those publ ished in the latest monthly SURVEY

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

2 WEEKLY BUSINESS STATISTICS1

ITEM

WHOLESALE PRICES, 22 COMMODITIES 2/....... . 1957-59=100.

ALL RETAIL STORES, SALES.. Nondurable goods stores.

..mil. o.oo.odOo

INITIAL UNEMPLOYMENT CLAIMS, State programs ...... thous „ INSURED UNEMPLOYMENT, all programs. „...„„.„ ......do... State programs (50 States, Do Co, and Puerto Rico)....do...

FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet)...number.

FINANCE: Currency in circulation 3/'. •. 0 0 .mil. $. Federal Reserve bank credit outstanding, total 3/...do... Member bank reserve balances 3/ T....do... Excess reserves, estimated 3/ ...... do...

Assets and liabilities of large commercial banks: k/ Demand deposits, adjusted „00 mil. $., Savings deposits .......„.0o.oo • 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)|TAs19M.-Lj.3=lQ.,

I n d u s t r i a l s , 1*25 s t o c k s . 0 u . . . . . . . . . . . . . . d o . , . , PRODUCTION:

Bituminous coal 3/.. . ..... 0. „ thous. sh. tons., Electric power, by utilities„ ................ .mil. kw.-hr., Motor vehicles (passenger cars)..................0number., Petroleum (crude) and condensate 3/...........thous. bbl.,

Steel, raw...ooo»..o........ Index of production.......

RAIL FREIGHT, REVENUE TON-MILES.

.......thous. sh. tons.

...........1957-59=100.

1969

Mar. 29

10l*.l*

6,627 U,36l

158 1,278 1,200 189

1*9,1*71 58,325 26,622 -138

79,696 1*8,8l5

221*, 818 21*, 739 75,103 32,709

7.23 100.39 109.55

1,91*0 26,11*1*

182,533 9,085

2,826 151.7

35-2

Apr. 5

10l*.l

7,007 li,82|0

171 1,271* 1,197

168

l*9,5ll* 58,1*29 26,71*3

309

75,269 32,627

7.23 100.78 110.06

1,857 25,525

ll*2,225 9,185

2,828 151.8

1U.U

1970

Mar. 1U

115 .1

6,1*50 l* ,5n

239 1,927 1,808

237

52,319 60,832 27,210

1*2

78,1*91* 1*5,790

226,670 22,117 78,51*1 33,1*03

8.1U 88.69 96.97

1,861). 28,21*5

162,551* 9,60U

2,658 11*2.7

15 .0

Mar. 21

111*. 9

6,517 i*,573

231* 1,925 1,789

228

52,508 61,1*51 27,618

-9

77,370 1*5,91*8 226,786 21,916 79,271* 33,1*1*1

8.20 87.51* 95.71*

1,889 28,1*88

159,31*1 9,619

2,678 11*3*8

11*. 9

Mar. 28

lll*.5

6,920 1*,886

237

192

52,1*59 61,601 27,1*50

71

80,601* 1*5,990 226,917 21,701 78,910 33,1*1*7

8.22 89.77 98.22

1,900 27,559

127,723 9$^26

2,720 11*6.0

15.0

Apr, k

113.9

206

52,563 61,985 27,723

262

8.18 90.07 98.55

130,695

2,695 11*1*. 7

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 1*/ Wednesday data.

MONTHLY BUSINESS STATISTICS

ITEM 1969

Jan. Feb. Nov.

1970

Jan. Feb.

GENERAL BUSINESS INDICATORS MANUFACTURERS' SHIPMENTS: NOT SEASONALLY ADJUSTED, TOTAL. mil. Durable goods industries, total 1/ . do, Stone, clay, and glass products do, Primary metals 0 do, Fabricated metal products. „ „ do,

Machinery, except electrical do, Electrical machinery. do, Transportation equipment do, Instruments and related products „do,

Nondurable goods industries, total l/„ do, Food and kindred products no.................* ..do, Tobacco products do, Textile mill products. .do,

Paper and a l l i e d p roduc t s do, Chemicals and a l l i e d p roduc t s do. Petroleum and coal p roduc t s do t

Rubber and p l a s t i c s p r o d u c t s . do.

SEASONALLY .ADJUSTED, TOTAL.. u do. By i n d u s t r y group:

Durable goods i n d u s t r i e s , t o t a l 1 / do. Stone, c l ay , and g l a s s p roduc t s do< Primary meta ls „ „ „ 0 do. F a b r i c a t e d metal p roduc t s do.

Machinery, except e l e c t r i c a l „ do. E l e c t r i c a l machinery do. T ranspo r t a t i on equipment „ do. Ins t ruments and r e l a t e d p roduc t s „ do.

1*9,1*52 27,331

1,198 1*,329 2,657

l*,7l*5 3,362 7,192

967

22,121 7,327

376 1,626

2,070 3,71*9 1,855 1,227

£2,301

29,325 1,1*11* 1*,508 2,961

5,222 3,620 7,281* 1,089

53,933 30,287 1,295 l*,7l*l 3,009

5,513 3,728 7,71*1 1,056

23>6h6 7,61*1* 399

1,752

2,219 3,995 1,91*9 1,31*1*

53,302

29,9lU 1,1*51* 1*,585 3,031

5,352 3,685 7,1*63 1,083

55,833 30,891

1,1*50 1*,81*9 3,133

5,237 3,81*7 8,236 1,201*

21*, 91*2 8,383

1*38 1,81*7

2,278 1*,036 2,11*2 1,1*05

55,988

30,9hh 1,1*59 5,013 3,180

5,1*71 3,739 7,920 1,186

53,911* 30,067 1,335 l*,65l 3,11*2

5,319 3,699 8,050 1,213

23,81*7 8,1*11* 1*31

1,61*7

2,187 3,670 2,128 1,317

55,277

30,201 1,1*85 l*,9l*5 3,259

5,228 3,609 7,593 1,11*2

r5l,555 r27,886

r l , 2 5 0 rl*,931 r2 ,969

r5 ,017 r3 ,319 r6 ,668

1,035

r23 ,669 r8 ,088

rial* r l , 6 2 6

r2,239 r3,797 r2,l67 rl,390

r55,099

r30,Ol*2 r l , l*75 r5 ,138 r3 ,310

r5,536 r3,57l* r6,825 rl,171

56,186 30,633 1,358 1*,971 3,088

5,776 3,717 7,713 1,11*1*

25,553 8,538

1*05 1,759

2,396 1*,269 2,156 1,521

55,512

30,21*5 1,522 1*,809 3,106

5,612 3,671 7,1*1*1 1,177

vj Revised. 1/ Includes data for "other industries" not shown. CORRECTION'FOR 1969 ANNUAL TOTAL AS SHOW IN THE MARCH 1970 .SURVEY, p.s-36: Pulpwood Consumption should read 62,8l3e

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued 3

ITEM

GENERAL BUSINESS INDICATORS—Con. MANUFACTURERS' SHIPMENTS (SEASo ADJ.)—Con.

By industry group—Con. Nondurable goods industries, total 1/.....o......„.mil. :

Food and kindred products..........................do. Tobacco products.. 0 do. Textile mill products. ....... do. Paper and allied products....„..„...„. „ . .. do. Chemicals and allied products. „ 0... . do. Petroleum and coal products .................. do. Rubber and plastics products.,.09.„..0..v..,,...,.do,

INVENTORIES, END OF MONTH; Book value (unadjusted), total..........oo.... •..do.

Durable goods industries, total........°.............do. Nondurable goods industries, total................... do.

Book value (seasonally adjusted), total................ do. By industry group:

Durable goods industries, total l/« »....<> . .do. Stone, clay, and glass products..................do. Primary metals...................................do. Fabricated metal products........................do. Machinery, except electrical,,»»0 o................ do. Electrical machinery..........................„..do. Transportation equipment do. Instruments and related products................. do.

Nondurable goods industries, total 1/...........„..do. Food and kindred products do. Tobacco products.................................do. Textile mill products do. Paper and allied products .do. Chemicals and allied products....................do. Petroleum and coal products......................do. Rubber and plastics products do.

NEW ORDERS, NET (NOT SEASONALLY ADJUSTED), TOTAL do. Durable goods industries, total do. Nondurable goods industries, total. do.

NEW ORDERS, NET (SEASONALLY ADJUSTED),TOTAL do. By industry group:

Durable goods industries, total 1/. do. Primary metals do. Fabricated metal products....................„ do. Machinery, except electrical do. Electrical machinery. do. Transportation equipment do.

Nondurable goods industries, total do. Industries with unfilled orders do. Industries without unfilled orders. do.

UNFILLED ORDERS, END OF MONTH (UNADJ.) , TOTAL do. Durable goods industries, total. do. Nondurable goods industries with unfilled orders. do.

UNFILLED ORDERS, END OF MONTH (SEAS. ADJ.), TOTAL... do. By industry group:

Durable goods industries, total 1/ do. Primary metals do. Fabricated metal products do. Machinery, except electrical. .do. Ele ctrical machinery do. Transportation equipment do.

Nondurable goods industries with unfilled orders.....do.

COMMODITY PRICES WHOLESALE PRICE INDEX;

ALL COMMODITIES. 1957-59=100.. Farm products.. do.... Food and feeds, processed .do.... Industrial commodities ...... do....

Chemicals and allied products do... e Fuels and related products, and power do.... Furniture and household durables do.... Hides, skins, and leather products. .do.... Lumber and wood products...........................do.... Machinery and equipment do.... Metals and metal products .do.... Nonmetallic mineral products do.... Pulp, paper, and allied products. • „ do.... Rubber and plastics products „ do.... Textile products and apparel do.... Transportation equipment Dec. .1968 =100.. Miscellaneous products. 1957-59=100..

PURCHASING POWER OF THE DOLLAR AS MEASURED B Y — Wholesale prices 1957-^9 =$1.00..

r/ Revised. 1/ Includes data for "other industries" not shown,

731*7

1969

Jan .

23,1*76 7,669

ink 1,790 2,172 3,935 1,891 1,301

89,179 57,789 31,390 88,905

57,879 2,289 7,528 6,289

11,528 8,551

lit, 076 2,2i;0

31,026 7,26k 2,219 3,507 2,1*03 5,977 2,068 1,811

50,638 28?531 22,107 53,119

29,681* U,675 2,755 5,350 3,581 7,1*87

23,1*35 6,1*91*

I6 ,9 l i l

87,126 8U,150

2,976 87,1*69

81;, 1*31 6,h9h 9,908

111, 919 13,170 33,873

3,038

Feb.

Feb,

111.1 105.0 116.3 111.1*

97.8 102.7 105 . h 123 . U ll*l*.5 117.3 115.2 111.2 106.8 100.5 107.2 100.1 112.5

$0,900

23,388 7,621;

1*15 1,71*0 2,201 3,980 1,9U9 1,328

90,158 58,568 31,590 89,556

58,282 2,372 7,551* 6,129

11,738 8,592

lit, 186 2,2Y5

31,271* 7,21*8 2,203 3,531* 2,1*19 6,088 2,076 1,831

51*,85o 31,125 23,725 53,901

30,1*82 1*,666 2,81*1 5,626 3,767 7,81*2

23,1*19 6,501*

16,915

88,Ola 81*, 988 3,053

88,061*

81*,99l* 6,575 9,716

15,193 13,251 31*, 251 3,070

Nov.

25,01*1; 8,390

1*36 1,771* 2,292 1*,255 2,155 1,1*1*9

9U,755 62,570 32,185 95,1*16

63,076 2,1*71 8,009 6,550

13,080 9,327

15,388 2,1*31*

32,31*0 7,302 2,233 3,1*1*7 2,611* 6,566 2,197 1,871

55,271* 30,331* 2hs9hO 56,21*2

31,188 l*,75l 3,276 5,1*53 3,619 8,1*29

25,051* 6,853

18 ,201

88,859 85,851;

3,005 89,583

86,530 7,909

10,681; 16,926 13,013 32,200 3,053

1969

Mar.

111,7 106.5 116. k 112.0

98.0 10U.2 105.7 123 . h 11*9.5 117.8 115.8 111.9 107.1* 100.9 107.1 100.0 112.5

$0,895

Dec.

115 .1 111.7 122.6 111*. 6

98.8 106 .1 107.2 126.5 122.5 121.9 123.8 l l l* .5 109-5 iol*.5 109.2 102.7 117.0

$0,869

Dec.

25,076 8,621;

1*38 1,71*5 2,283 1,110 2,11*0 1,365

95,1*75 63,106 32,369 96,906

63,550 2,U83 8,052 6,613

13,180 9,31*6

15,561 2,1*76

32,355 7,230 2,200 3,501 2,632 6,631* 2,271 1,888

53,1*21; 29,612 23,812 55,362

30,296 h,l60 3,381* 5,51*8 1;,110 6,996 25,067 6,80k

18,263

88,1*12 85,1*1*5 2,967

89,711*

86,668 7,726

10,85)4 17,2U3 13,512 31,60^

3,0h6

1970

Jan.

r25,057 r8,U52

rl;56 rl,779 r2,35l r3,986 r2,206 rl,l*7l*

r96,271 r63,702 r32,569 r96,062

r63,835 r2,506 r8,10l* r6,660

rl3,2l*l r9,hP7

rl5,636 r2,l;81*

r32,227 r7,200 2,165 r3,l*55 r2,66l r6,55l r2,320 rl,911*

r5l,285 r27,695 r23,590 r53,868

r28,909 rl*,787 r3,02l* r5,390 r3,667 r6,l*ll*

r2l;,959 r6,799

rl8,l60

r88,ll*6 r85,258 r2,888

r88,l*88

r85,539 r7,375

rl0,569 rl7,099 rl3,606 r31,192 r2,9k9

1970

Jan.

116.0 112.5 125 .1 115 .1

99. 105. 107. 126. 121.1 122. 121;. 116. 1 1 1 . 101;. 109.5 102.9 117.U

Feb.

116.1; 113.7 125.2 115.5

99.6 106. U 107.9 126.7 120.2 122.8 126 .1 116.9 111.8 101*. 6 109.1* 102.9 117.5

$0,859

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS—Continued

ITEM

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION PUT BT PLACE (UNADJ.), TOTAL......... a.. .rail, $.. Private, total.........................................-do.... Residential (noni arm) „..„*..=, c c .„.<,..-. 0 . . , . < > « . , « , » . < , . . . . - , . < » d o

NeW h O l l S i n g t t r i l t S o 3 0 o o n o . . o . o . ! > a . » a o o . . . o o . . . . * o o . . . C l O o a . .

Nonresidential buildings5 total l/„* .*...... <>...-. ..«. .>do,, „. IndUStrial .. o. ... <»••.. o....... •"....*. a. •..•••.•o....dO....

Commercial a . . . < > o . 0 0 o <> e o o . . • . . a o o . o . . . a ° » . o . e . = > o o . , 0 . d o . , . . P u b l i c , t o t a l o o o , . . . . « « , o e e a . . o . o o . o c o . . o c . o . . . . . . . . . . . . . d O . . . .

NEW CONSTRUCTION PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL RATES), TOTAL............o........... ..o............ .bil. $..

Private, total„... o o... 0 .«.. o.... o ...». o.. o.*.<» o .......• do.... Residential (nonf'arm) .«,,........os....a................ do.... Nonresidential buildings, total V • iio«»«'

I n d U S t r i a l . . . . . . . o o . o . . . o . 0 . . O . O O O . O 0 0 . O . . . . « . . . . O . . d 0 . o o a

C o m m e r e i a l , . . . . . . . . . . . . . . o . . . . . . . . . . . . . . . . . . . . . . . . . . d o . . . • .Public , t o t a l . . . . . . . . o . . o . . . o o . . . . . o o o . . o. o. o . . o. o . . . o o. d o . . . .

CONSTRUCTION COST INDEXESs DEPARTMENT OF COMMERCE C O M P O S I T E . . . . . . . . . . . . . . . . . 1 9 5 7 - 5 9 = 1 0 0 . .

FINANCE CONSUMER CREDIT (SHORT- AMD INTERMEDIATE-TERM):

To ta l outs tanding. , end of month. . . o . o . . . . o o o . . . o . » . . o .m i l . $ . . I n s t a l l m e n t c r e d i t , t o t a l . • . . . . . . . . . . < > . • • » . . . . . . . » . . . . d o . . . .

I n s t a l l m e n t c r e d i t , extended and repaid? Unadjusteds

Extended, t o t a l . . . . . „... „ . . . . . „ . . a . . . . . . . « . . . . . . . . . . . . d o . . . . Repaid, t o t a l , * * s t s B s = s s s = * r * * * - d o . , . .

Seasona l ly ad jus ted? Extended, t o t a l . . . • • . . « . e . . . . . . . . . . . . . . . . • • . . • . . . . . . . . d o . . . . Repaid, t o t a l , d o . . . .

SECURITY MARKETS? STOCKS?

Pr ices? Dow-Jones averages {6% s t ocks ) „ . . 0 . . . . . . . . . . . . . . . . . . . . . . . .

I n d u s t r i a l (30 s t o c k s ) . . , . . . « . . . . . . » . . < , . . . . . . . . . . . . . . . . . . Pub l ic u t i l i t y ( l 5 s t o c k s ) . „ . . . • . . „ . . . . . . . . 0 . . . . . . . . . . . . T r a n s p o r t a t i o n (20 s t o c k s ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1969

J a n .

6 ,201 U5325 <-}•*-J ~>

1,723 1,519

li63 678

1,876

92.0 62.9 3 1 . 1 21.9

6.8 10 .0 29 .1

137

112,117 89,1*92

7,557 7,955

8,371 75730

337.6U 93U.99 135.62 268.78

Feb.

5,881,. li,028 !

l ,9 l ;0 15562 1,24-53

1*37 6U7

1,856

92 .1 62 .6 31 .h 21.5

6 .3 9.9

29.5

7,9U7 5,563 2,562 1,981. 2,076

569 982

2,381].

89.8 62 ,.8 29.8 22 .8

6.6 10.2

r 2 7 . 0

137

111,569 89,380

6,971 7,083

8.U.U 7,616

337o85 931,29 136.89 269.75

Nov.

lUl.

119,378 96, L.78

8,173 7S5U5

8,632 8,012

281.02 810..09 116.Ok 195oU7

Dec.

r7,00h r5,l52 r2,329 rl,797 1,91*2

575 889

1,852

r90 .2 r62„li r 2 9 . 5 22.6 6.1*

10.3 r27.8

1U5

122,1*69 98,169

10,096 8,1*05

8,3L*i* 7,929

259.88 789.22 108.36 175.32

1970

Jan.

r6 ,086 1 rl*,312 r l , 9 5 6 rl , l*95 r l , 6 2 3

rl*38 r750

r l ,77l*

r90 8 6 r 6 2 . 6 r28 .6 r23 .3 r6.h

r l l . O r27 .9

5,683 1*,115 1,73)!. 1,293 19663

li26 779

1,568

91-7 63c3 28 .1 21*.5

6.2 12 .0 28.1*

11*5

121,07k 97,1*02

7,1*90 8,257

8,521 8,11*1

258.36 782.96 109.1*2 173o61*

Feb.

11*6

120,077 96,892

7,106 7,616

8,625 8,207

-x-251.63 #756.21 #108.87 #169.83

r / Revised. 1 / Except farm and p u b l i c 116.1*5j t r a n s p o r t a t i o n , 17k .32 . USC0MM—DC—73l'7

u t i l i t i e s . # Stock p r i c e averages f o r March 1970s 6^ s t o c k s , 260„36j i n d u s t r i a l , 777»62j p u b l i c u t i l i t y ,

UNITED STATES GOVERNMENT PRINTING OFFICE

DIVISION OF PUBLIC DOCUMENTS WASHINGTON, D.C. 20402

OFFICIAL BUSINESS

First-Class Mali

POSTAGE AND FEES PAID U.S. GOVERNMENT PRINTING OFFICE

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis