BUSINESS STATISTICS

November 10, 1967

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS*

U. S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS

D B U S I N E S S I N D I C A T O R S

Index, 1957-59=100

200

190

180

170

160

150

ELECTRIC POWER PRODUCTION (by utilities) (E, E. I. seas. adj. index)

Monthly

1964 Data: Edison Electric Inst.

1965 1966 - — ~ *

-

-

1967

L

L,i ! i...

index, 1957-59

1966

h /

w \A j * i -

Weekly _

,.L.,,i™. J—i.—!—1—L». J™,

=100

210

200

190

180

170

160

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

Billion Dollars 50

45

40

35

30

MANUFACTURERS' & INVENTORIES (seasonally ad

Shipments (left scale)

- _ \fl « « ™ - « > - * '

! 1 1 ! 1 I 1 I I I I

usted)

i i i I I 1 i i

SHIPMENTS

^

i i i

r / • <

Inventories -!/ (right scale)

-

--^Book value, end of month

i i i i i 1 i i i i i 1 i i i i i 1 i i i i i

90

H 80

70

H 60

50 1964 1965 U.S. Dept. of Commerce

1966 1967

Billion Dollars •

80

60 h

40

20

NEW CONSTRUCTION (Seas, adj., at annual rates)

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

Total Put in Place

Private Residential (nonfarm)

^

' I ' I i i i i i I i i i i i I i i i i i

1964 1965 Data: U.S. Dept. of Commerce

1966 1967

Dollars 3.00

2.80

2.60

2.40

2.20

2.00

MANUFACTURING HOURS & EARNINGS (Hours seasonally adjusted)

Average Gross E<

(lefts

^ - ^

- L l l l 1 1 I I I I 1

Hourly irnings cale) \ / ^

— < -— N ' ^ - \

Average Hours Per Week (right scale)

_I_J_J_I_I J f. J J i-i-1 i i i i i 1 i i i i i

-

*w-

i i i i i 1 i i i i i

Hours 48

46

44

H 42

1964 1965 flata- II Q nont ni I ahnr

1966

40

38 1967

Billion Dollars

8.0

7.0

6.0

5.0

4.0

- CONSUMER INSTALLMENT CREDIT EXTENDED AND REPAID (Seasonally adjusted)

Extendec \

-L-l 1 1 1 1-1 1 1 1 1

\ ^

Repaid

,1 I i I i 1 i I I i i .

_^-^"^-*""

JLI 1 I I 1 1 L.I 1 1

-

,* -

1 i i i i i 1

1964 1965 1966 1967

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $6.00 annually, this Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY Digitized for FRASER

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

2 WEEKLY BUSINESS STATISTICS'

ITEM

ALL RETAIL STORES, SALES mii. $..

INITIAL UNEMPLOYMENT CLAIMS, State programs thous..

State programs (50 States, D.C., and Puerto Rico)...do.... FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet).number..

FI NANCE i

Federal Reserve bank credit outstanding, total do e s s s

Assets and liabilities of large commercial banks: j4/

Commercial and industrial loans (gross) do....

Bond yieids, domestic corporate (Moody's) 3_/ percent.. Stock prices, 500 stocks (Stand. & Poor's).... 1941-43=10..

PRODUCTION:

Index of production 1957-59-100.. FREIGHT CARLOADING, TOTAL thous. cars..

1966

Oct. 29

102.9

5,864 3,853

!65 826 767 308

43,088 45,440 23,267

147

72,175 47,136 182,183 22,752 59,492 27,520

5.65 79.58 84.55

1,946 21,422

252,288 8,36i

2,551 136.9 644 350

Nov. 5

102.3

6,065 4,103

190 826 778 273

43,089 45,472 23,380

279

72,472 46,962 181,564 22,810 59,702 27,446

5.64 80.88 85.90

1,888 22,089

237,862 8,45i

2,546 136.7 614 335

1967

Oct. 14

95.0

5,927 4,093

159 964 90 i 201

45,407 49,247 24,416

278

74,495 48,414 200,005 29, i14 63,385 28,393

6.08 96.37 104.87

1,803 22,564 159,232 8,790

2,498 134. 1 583 330

Oct. 21

94.9

6,069 4, 158

18! 954 891 219

45,559

49,515 25,018

557

75,024 48,409 199,538 28,849 63,300 28,446

6. 15 95.25 103.74

1,788 22,579 173,497 8,798

2,575 138.2 589 335

Oct. 28

94.5

6,009 4,059

174

239

45,429

48,773 24,561

'192

75,669 48,428 199,078 28,658 63,08 i 28,482

6.22 94.52 103.00

1,821 22,752 184,576 8,828

2,561 137.5 591 331

Nov. 4

94,3

.......

2 16

45,341 48,643 24,756

375

6.25 92.7! 101.05

173,947

2,568 137.8

±/ Data do not always cover calendar weeks. 2/ Tuesday price. 3_/ Dai ly average. 4/ Wednesday data.

MONTHLY BUSINESS STATISTICS

ITEM 1966

Aug. Sept.

1967

June July Aug. Sept.

GENERAL BUSINESS INDICATORS

MANUFACTURERS' SHIPMENTS: NOT SEASONALLY ADJUSTED, TOTAL mil. $..

Durable goods industries, total ±/ do.... Stone, clay, and glass products do.... Pr imary meta Is do.... Fabricated tneto! products do....

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

Nondurable goods industries, total J_/ 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.

SEASONALLY ADJUSTED, T0TAI do... By industry group:

Durable goods industries, total J/ do... Stone, clay, and glass products do... Pr imary meta Is do... Fabricated metal products .......do...

Mach i ner y, except e I ectr i ca I do. E lectrical machinery do. Transportation equipment do. Instruments and related products do.

43,109 21,432 1,074 3,790 2,263

3, 162

3,315 4,437

817

21,677 7,41 I

447 1,791

1,926 3, 187 1.743 1,042

44,206

22,874 951

3,922 2,130

3,364 3,377 5,915

851

46,170 23,753

1,075 3,954

3,406

3,668 5,857

892

22,417 7,787

440 1,845

1,927 3,375 1,743 1,078

44,091

22,971 980

3,919 2,201

3,422 3,413 5,845

833

46,980

24,778 1,051 3,717

3,869 3,531 6,891

929

22,202 7,81 I

471

1,891 3,564 1,822 I, 164

44,888

23,052 923

3,462 2,093

3,517 3,358 6,465

878

r4l,188 r20,580

943 3. 105 i . 939

3,272

3,028 r5,168

832

20,608 7,352

447

1,703 3,283 1,81 I 1,010

r45,402

r23,192 897

3,58! 2,068

3,587 3.468

r6,172 933

r-44,413

r22,089 r1,083 r3, 401 r 2.222

r3,436 r3,357 r5,023

r926

r22,324 r7,634

r454

r1,918 r3,58l r1,789 rl, 1 12

r45,675

r23,633 r959

r3,5l9 r2,092

r3,672 r3,423 r6,577

r965

46,366 23,363

1, 104 3,477 2,2i7

3,646 3,6C4 5,615 997

23,003 8,097 429

1,937 3,735 1,801 1, 126

44,448

22,750 1,008 3,447

2,082

3,663 3,352 5,777 931

r_/ Revised. 9149

1/ Includes data for "other industries" not shown. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

mwrvireLY DuaoiMcad ^ E A S D M ^ — v - o r m n u e a 3

ITEM

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

By-industry group—Con. Nondurable goods industries, total _[_/ ,...mil. $..

Food and kindred products.. ........do.... Tobacco products „ „ ... do... .• Textile mill products...... .do.... Paper and ailied products . .....do,... Chemicals and allied products do.... Petroleum and coal products ...do,... Rubber and plastics products do....

INVENTORIES, END OF MONTH: Book value (unadjusted), total do....

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

Book vaiue (seasonally adjusted), totai .do.... By industry group:

Durable goods industries, total J./ do.... Stone, clay, and glass products do.... Primary meta Is do.... Fabricated metal products do.... Mach i ner y, except e i ectr i ca i ,,,,,,,,.cio,ef?

E iectr icai machinery ...do.... Transportation equipment.. , .do..,, Instruments and related products do....

Nondurable goods industries, total J_/ do.... Food and kindred products do.... Tobacco products do.... Textile mill products. e. „ e .. e e 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.... Nondurab le goods industries, total do....

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

Durable goods industries, total ±/ do.... Pr imary meta Is do.... Fabricated metal products do.... Machinery, except electrical do.... E Iectr ica I 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 J_/ do.... Primary metals do.... Fabricated metal products do.... Machinery, except electrical do.... E iecir ica i machinery do.... Transportation equipment do....

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

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL mil. $.. Pr i vate, tot a I do....

Residential (nonfarm) do New housing units do....

Nonresidential buildings, total 2/ do.... Industrial do.... Commerci a I do....

Pub I ic, total do....

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

Pr i vate, tota I do.... Residentia I (nonfarm) do....

Nonresidential buildings, total 2/ do.... Industrial do.... Commercial do....

Pub I ic, total do.... CONSTRUCTION COST INDEXES:

DEPARTMENT OF COMMERCE COMPOSITE 1957-59=100..

jr/ Revised. 9149

1966

Aug.

2 1,332 7,476

425 1,725 1,878 3,203 1,718 1,064

73,770 46,680 27,090 74, I 10

46,814 1,698 6,902 4,916 9,329 6,998 10,399 2,062

27,296 6,361 2,350 3,348 2, 17! 4.819 1,829 1,364

43.805 22,244 21,561 44,842

23,512 3,792 2, 128 3,774 3,603 5,986

21,330 5,938 15,392 77,300 73,615 3,685

76,942

73,286 7,244 5,952 12,230 i 1,793 30,402 3,656

009 708 264

1,668

1,699 615 643

2,301

73.4 50.5 23.4

19.0 7.2 6.9

22.9

122

Sept.

21, 120 7,360 430

1,688 1,843 3, 170 1,728 1,043

74,417 47,319 27,098 74,884

47,568 1,675 6,908 5,048 9,536 7,205 10,557 2, 106

27,316 6,274 2,339 3,322 2, 194 4,880 1,813 1.368

48.083 25,810 22,273 46,318

25,274 4,047 2, 106 3,715 3,676 7,561

21,044 5,792 15,252 79,213 75,673 3,540 79,170

75,591 7,372 5,856 12,524 i2,056 32, I 19 3,579

6.928 4,636 2, 133 1,575

1,762 622 659

2,292

74.0 50.1 22.7

19.3 6.9 7. i

23.9

122

1967

June

2 1,836 7,634 441

"ii803 3,432 1,81 I 1,085

80,913 52,346 28,567 80,390

51,809 1,847 7,478 5, 162

10,275 7,682

12,236 2,301

28,581 6,634 2,380

*"2*3i6 5,381 1,918 1,415

47.976 25,830 22,146 46,087

24,263 3,591 2, 108 3,590 3,455 7,327

21,824 5,873 15,951 78,854 75,732 3, 122

79,188

76,185 5,870 6,205

12,449 12,230 33,929

3,003

6,852 4,316 2, 110 1,599

1,509 515 577

2,536

74.2 48.1 22 .9

17.3 5.9 6.7

26. I

126

July

22,210 7,611

431

" 1*879 3,616 1,838 I, 126

30,628 52,194 28,434 80,897

52,346 1,835 7,495 5, 142

10,313 7,730

12,706 2 ,313

28,551 6,662 2,373

"2,3l6 5,383 1,935 1,402

r42,417 r2l,754 20,663 r45,977

r23,7l5 3,646 1,979 3,564 3,579

r6,697

22,262 6, 198 16,064 80,085 76,908 3, 177 79,764

76,710 5,935 6, I 16 12,426 12,34i 34,453 3.054

Aug.

,247 .532 ,280 ,732

,554 541 593 ,715

75.9 49.2 23.7

17.6 6.2 6.7

26.8

rl27

r22,042 r7,695 r432

'r l"870 r3,638 rl,762 rl,136

r8i,OI3 r52,63l r28,382 r81,370

r52,784 rl,815 r7,482 r5,179 rlO,362 rl,165

r13,082 r2,3l6

r28,586 r6,5l2 r2,366

"r2"367 r5,400 r 1,923 rl,398

r44.630 r22,268 r22,362 r45,900

r23,726 r3,470 r2,254 r3,945 r3,640 r5,950

r22,l74 r6,152

r16,022 r80,400 r77,187 r3,2l3

r79,985

r76,80l r5,886 r6,277

r12,699 ri2,558 r 33,826 r3,184

r7,398 r4,696 r2,384 r1,810

rI,589 r530 r597

r2,702

r77.0 r50.2 r24.6

rl7.6 6.0

r6.4 26.9

rl27

\_/ Includes data for "other industries" not shown. 2/ Excludes farm and public utilities Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

LABOR FORCE, EMPLOYMENT, AND EARNIN3S EMPLOYEES ON PAYROLLS (NONAGRI CULTURAL ESTABLISHMENTS):

Total, seasonalSy adjusted.•...•»..e...............ethous Mining 0 do,. Contract construction,. ........................... ..do, c

Manuf actur ing do,. Durable goods industries. do,, Nondurable goods industries......................do..

Transportation, communication, electric, gas, etc..do..

trade. -do.. ..............................do.. ..............................do..

..do..

..do..

..do..

..do..

..do..

..do..

..do,.

..do..

and reaI estate...

PAYROLLS), TOTAL, seas, adj,

Wholesale and retai Wholesale trade,. Retai i trade.

Finance, insurance, Services........... Government.........

Federal..,....«,.. State and local„e

PRODUCTION WORKERS (MFG Durable goods industries Nondurab le goods i ndustr ies, „..„,,.,, „,..,,, „ „

HOURS AND HOURLY EARNINGS

HOURS (GROSS), AVERAGE WEEKLY, PER PRODUCTION WORKER Manufacturing, seasonaIly adjusted,,,, ,„..»...

Overt i me hours „ ..O.o«o......•••.......... Durable goods industries. , 0.»....«..,.. <>.. „

Overtime hours. 0 O . o 0 6 . . e. ......,. ....«.. Nondurable goods industries...........so...

Overtime hours. „.,.... ..»,,»,.. HOURLY EARNINGS, AVERAGE, PER PRODUCTION WORKER

Manufacturing, not seasonally adjusted,,... „.. ExcIud i ng overt ime.

Durab le goods i n d u s t r i e s , . , , . . . . . . . . . . . . . . s

Excl ud i ng o v e r t ime ft „ , - , . . - . « a . r * *.- r. c. «. . 0 n . Nondurable goods i n d u s t r i e s . . „ . . . . , « . . » . « , . «

Excluding overt i me. .., ................ .,,,do. FI NANCE

CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM): Total outstanding, end of month..........

Installment credit, total.............. Installment credit, extended and repaid: Unadjusted:

Extended, total Repa i d, tota I .„....,

Seasonally adjusted: Extended, tota i Repa i d, tota I.-.......................

SECURITY MARKETS: STOCKS, PRICES:

Dow-Jones averages (65 stocks)..e...... Industrial (30 stocks).....„......... Pub lie ut iIity (15 stocks)........... Railroad (20 stocks).................

.mi I. $.

...do...

.do.

.do.

.do.,

.do..

1966

Sept.

64,394 625

3,260 19,337 I 1,401 7,936 4, 184

13,279 3,455 9.824 3, I 18 9.619 10,972 2,597 8,375 14,363 8,448 5,915

41.4 3.9

42.3 4.3

40.1 3.4

2.75 2.61 2.93 2,78 2.47 2. 37

9I,639 72,829

6, 189 6,000

6,578 6, 103

276.79 791,65 126.20 197.05

Oct.

64,694 623

3,239 19,422 I 1,457 7,965 4, 190

13,354 3,469 9.885 3 120 9.675 I i,07 I 2,617 8,454

14,434 8,488 5,946

41.3 3.9

42.1 4.3

40. I 3.4

2.75 2.62 2.94 2.79 2.48 2.37

9 1,899 73,073

6,403 6, 159

6,522 6, 142

273.35 778. 10 129.70 192.07

1967

J u l y

65,939 623

3,231 19,169 i1,218 7,951 4,292

13.647 3,555 10.092 3.234 10.074 I 1,669 2,759 8,910

14,056 8, 170 5,886

40.4 3.3

41,0 3.5

39,6 3.0

2.82 2.71 3.00 2.88 2.57 2.47

95, I 15 75,348

6,859 6,562

6,776 6,551

327.23 888.5 1 132.72 267.65

Aug.

r66,190 r606

3,223

r!9,3l8 r I 1,35 I r7,967 r4,283

r13,664 r3,569

r10,095 r3,253 10.!30

rI 1,713 2,746 r8,967 r!4,191 r8,299 r5,892

40.7 3.3

r4l.3 3.5 39,7 r3. I

2.82 2.71 3.00 2,88 2.57 2.47

95,684 75,889

7,223 6,682

6,929 6,585

329.62 912.46 132.43

262.85

Sept . Oc t .

r66,047 r599

r3,235 r!9,153 rl !,163 r7,990 r4,266

r13,706 r3,558 rIO.148 r3.263 rIO.167 r 11,658 r2,7l5 r8,943 r14,025 r8,1 13 r5,9!2

r40.8 3,4

r4i,5 r3.6 r39.9 r3.3

2.85 2.73 r3.03 «« 2,89 2a6l 2.50

95,886 76,039

6,590 6,440

6,973 6,689

330.87 923.45 131.33 261,79

p66,165 p595

p3,224 p!9,166 pi 1,151 p8,OI5 p4,256

pi 3.748 p3,562 plO.186 p3.270 plO,177 pI 1,729 p2,704 p9,025 p14,026 p8,083 p5,943

p40.7 p3.4 p4l.4 P3,5 p39.6 p3.0

p2.85 p2.73 p3.03 p2.90 p2.6l p2.5l

321.30 907.54 12.6.08 250.55

r / R e v i s e d , £./ P r e l i m i n a r y . USC0MM-DC—9149

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