BUSINESS STATISTICS

September 20, 1968

A WEEKLY

SUPPLEMENT

TO THE

SURVEY OF CURRENT BUSINESS*

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

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

Thousands 1,400

1200

1,000

800

600

400

200

0

MOTOR VEHICLE PRODUCTION (cars, trucks coaches; U.S. plants)

-./^A rv

V

i_J I I I i I I i I I L_

Monthly

_L-L_J—J_J I I L_J i I i I I l_J L-J I t I J I J L_J L_J I I I I I I L

-10°8 ^

w« A

1967

-

_ J — l _ J L J L _ L

kl r i

1 1

Thousands

n

J

Weekly

.1 , l , i . _ i _ .

350

300

250

200

150

100

50

0 1965

Data: Automobile Mfrs. Assn.

1966 1967 1968 J F M A M J J A S O N D

Billion Dollars 700

600

500 h

400 h

PERSONAL INCOME (Seas, ad j . , at annua! rates)

Total

Wage and Salary

Disbursements

3 0 0 I i i i i i I i i i i i 1 i i i i i I 11 i i i 11 I I i 1 1 i i i i i i i i i i i I i i

1965 1966 1967 1968 Data: U.S. Dept. of Commerce

Billion Dollars

2 0

N E W C O N S T R U C T I O N (Seas, ad j . , a t annua l rates)

Private Residential

(nonfarm)

-^4-\-"1 i i l,i i i i i 11 i i i 111 i M i i • ' ' ' I i i i

1965 1966 Data: U.S. Dept. of Commerce

1967 1968

Billion Dollars 35

30

25

20

15

10

5

SALES OF RETAIL STORES (Seasonally adjusted)

Total

Nondurable Goods

/ ; ^~ I

Durable Goods

I. L \r • • ' i 1 1 1 1 1 1 1 1 1 i • i i 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1

1965 1966 1967 1968 Data: U.S. Dept. of Commerce

Dollars 3.20 |

MANUFACTURING HOURS & EARNINGS

o Q Q [_ (Hours seasonally adjusted)

2.20

A v e r a g e Hours Per Week

( r ight scale)

i i i I i i i i i 1 i i i i i I i i i i i i I i i i i i i i i i i

Hours I 48

46

H 44

-1 42

40

38 1965 1966

Data: U.S. Dept. of Labor

1967 1968

^ A v a i l a b l e only w i th subscript ion to the SURVEY OF CURRENT BUSINESS, this Supplement

prov ides selected week ly a n d monthly d a t a subsequent to those publ ished in the latest month ly SURVEY

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

2 WEEKLY BUSINESS STATISTICS'

ITEM

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

ALL RETAIL STORES, SALES .. .mil. $.. Nondurable goods stores do....

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..

FINANCE: Currency in circulation 3/* .......... .mil. $. „ Federal Reserve bank credit outstanding, total !/••..do.... Member bank reserve balances 2/ do.... Excess reserves, estimated 2/ do....

Assets and liabilities of large commercial banks: ij Demand deposits, adjusted „ „ .mil. $.. Savings deposits do.... Loans and investments (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) 2/......percent*. Stock prices, 500 stocks (Stand. & Poor's) it/.. 1941-43=10.. Industrials, 425 stocks „ .do....

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

Steel, raw thous. sh. tons.. Index of production ........................1957-59=100..

RAIL FREIGHT, REVENUE T0N-MILF5 .bil..

1/ Data do not always cover calendar weeks. 2/ Tuesday price

1967

Sept. 9

96.1

5,677 4,040

157 1,002 938 200

45A31 48,247 23,925

332

73,619 48,136 195,595 26,893 62,289 28,176

5o98 94.39 102,03

1,889 22,088 134,858 9,227

2,431 130.5

12.2

Sept. 16

95.6

5,934 4,117

166 954 891 235

45,398 47,880

24,039 386

74,550 48,027 195,841 27,138 62,285 28,202

5.99 95o99

103.98

1,833 23,123

156,388 9,211

2,469 132.5

14.4

1968

Aug. 24

93.9

6,481 4,423

149 1,004

936 135

48,252 55,457 26,225

503

75,659 48,296

213,127 27,747 68,642 30,666

6.34 *98.96

*107.70

1,920 28,950 76,831 9,217

1,963 105.4

34.2

Aug. 31

94.1

6,864 4,709

139 910 845 191

48,190 54,810 25,782

167

76,793 48,269 212,744 27,781 68,123 30,740

6.33 *98.81

*107o5B

1,943 25,839

128,788 9,235

1,948 104.6

14.7

Sept. 7

93.9

6,228 4,434

136

150

48,424 55,180 25,871

272

77,252 48,275 214,040 28,006 68,179 30,764

6.33 100.02 109.02

1,993 24,261 144,108 9,099

1,862 99.9

12.7

Sept. 14

94.2

180

48,685 54,917 26,124

526

6.34 *100.73 *109.80

208,866

1,881 101.0

2/ Daily average, ij Wednesday data. * Tuesday average.

MONTHLY BUSINESS STATISTICS

ITEM 1967

July Aug.

1968

May June July Aug.

GENERAL BUSINESS INDICATORS

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 u. .do. Transfer payments ...............................do. Less personal contributions for soc. insurance ..do.

Total nonagricultural income .do.

CONSTRUCTION AND REAL ESTATE

NEW CONSTRUCTION CONTRACTS: Advance planning (ENR) l/....................

CONSTRUCTION COST INDEXES: Associated General Contractors (bldg. only).. E. H. Boeckh and Assoicates, Inc.: Average, 20 cities: All types combined Apartments, hotels, office buildings .. Commercial and factory buildings ...... Residences ............................

Engineering News-Record: Building .................................. Construction . . . . . . . . . . . . »

r / Revised, JD/ Preliminary. 1/ Data for Aug. Building, 140.7} construction. 156.0 609-3

.1957

.mil. $.

-59=100.

. . . d o . . . e e . d O . . .

. . . d o . . .

. . . d o . . .

. . . d o . . .

. . . d o . . .

629.8 423.4 165. 133. 100. 70.,

23

46.5 14.3 20.3 23.5 46.8 52.0 20.5

610.5

6,829

133

131.9 133.0 132.2 129.4

127.8 141.9

634.2 426.6 167.7 135.3 101.2 70.8 86.8 23.7

46.6 14.6 20 23 47 52 20

614

5,506

133

132.3 133.4 132.6 130.0

128.6 143.3

678.2 457.5 179. 144< 107. 76. 94. 25.

47.8 14.8 20.9 24.7 51.3 58.2 22.8

658.O

4,663

136

137.3 138.4 137.5 135.2

134.8 150.2

683.7 462.2 179.9 145.6 109.7 77.0 95.5 26.0 47.9 14.8 20.9 24.3 51.9 58*5 22.9

663.4

3,267

138

139.6 140.8 139.8 137.4

136.2 151.9

689. r465. rl80, rl46, rl09« r77. r97. 26,

48.0 r!4.9 21.0 25.0 r52.5 r59.1 23.1

r668.9

2,800

140

140.6 141.8 140.6 138.5

136.7 152.4

P694.3 P468.8 P181.4 P146.7 pllO.9 p78.2 P98.2 P26/5

P48. Pl5. P21. P25. P53. P59. p23. p673-

4,895

141

*138.3 *154.1

1967 and May and Aug. 1968 are for 5 weeks; other months, 4 weeks. * Index as of Sept.l, 1968: Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued 3

ITEM

DOMESTIC TRADE

RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL 1/ mil. Durable goods stores do. Automotive group , do. Furniture and appliance group do. Lumber, building, hardware group do.

Nondurable goods stores do. Apparel group do. Drug and proprietary stores do. Eating and drinking place do. Food group do. Gasoline service stations do. General merchandise group do.

ESTIMATED SALES (SEAS. ADJ.), TOTAL 1/ do. Durable goods stores do. Automotive group do. Furniture and appliance group do. Lumber, building, hardware group do.

Nondurable goods stores do... Apparel group do... Drug and proprietary stores do... Eating and drinking places do.'.. Food group do... Gasoline service stations do... General merchandise group do...

ESTIMATED INVENTORIES: . Unadjusted, total do... Adjusted, total do...

RETAIL FIRMS WITH 11 OR MORE STORES: Estimated sales (unadjusted), total do... Estimated sales (seasonally adjusted), total do...

LABOR FORCE, EMPLOYMENT, AND EARNINGS

LABOR FORCE, total, 16 years of age and over, not seasonally adjusted thous.

Civilian labor force do... Employed, total do... Nonagricultural employment do... Agricultural employment do...

Unemployed (all civilian workers) do...

Civilian labor force, seasonally adjusted do.... Employed, total do.... Nonagricultural employment do.... Agricultural employment do....

Unemployed (all civilian workers) do.... Long-term, 15 weeks and over do....

Rates (unemployed in each group as percent of total in that group):

All civilian workers Men, 20 years and over ... Women, 20 years and over Both sexes, 16-19 years

Married men Nonwhite workers White workers Occupation: White-collar workers

Blue-collar workers Industry: Private wage and salary workers Construction Manufacturing Durable goods

EMPLOYED ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): Total, seasonally adjusted thous. Mining do... Contract construction .............. ^^ Manufacturing do... Durable goods industries do... Nondurable goods industries do...

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

Wholesale and retail trade do. Wholesale trade do. Retail trade do.

Finance, insurance, and real estate do. Services do. Government do. Federal do. State and local .,' do.

PRODUCTION WORKERS (MFG. PAYROLLS), TOTAL, seas, adj do. Durable goods industries do. Nondurable goods industries do.

1967

July

26,005 8,547 5,014 1,239 1,143

17,458 1,301

879 2,293 6,145 2,159 3,085

26,444 8,592 5,130 1,267 1,031

17,852 1,538

903 2,071 6,002 2,020 3,529

35,894 35,997

6,683 7,162

82,920 79,471 76,221 71,705

4,516 3,250

77,495 74,478 70,631 3,847 3,017

436

3.9 2.4 4.3

12.9

1.8 7.3 3.5 2.2 4.6 4.0 7.4 4.0 4.0

65,920 626

3,168 19*288 11,335 7,953 4,296

13,610 "3,536 10,074 3,223

10,056 11,653 2,743 8,910

14,158 8,267 5,891

Aug.

26,201 8,298 4,669 1,325 1,167

17,903 1,451

888 2,316 6,059 2,113 3,502

26,422 8,508 5,053 1,299 1,025

17,914 1,562

913 2,094 6,019 2,003 3,565

35,106 36,028

7,063 7,013

82,571 79,112 76,170 71,792 4,378 2,942

77,598 74,664 70,708 3,956 2,934

445

3.8 2.3 3.9

13.3

1.9 6.8 3.4 2.2 4.4 3.9 7.2 3.8 3.4

66,186 610

3 165 19^407 11,433 7,974 4,288

13,648 3,553

10,095 3,241

10,110 11,717 2,740 8,977

14,260 8,359 5.901

1968

May

29,132 9,845 6,044 1,358 1,222

19,287 1,541

977 2,300 6,612 2,203 3,658

27,993 9,031 5,338 1,413 1,091

18,962 1,566 983

2,227 6,425 2,145 3,778

38,748 37,921

7,828 7,746

81,770 78,234 75,931 71,935 3,996 2,303

78,613 75,829 71,936 3,893 2,784

410

3.5 2.1 3.7

12.6

1.6 6.4 3.2 1.9 3.7 3.4 6.5 3.2 2.9

67,792 631

<a o/.c

19^693 11,545 8,148 4,281

14,049 3,655

10,394 3,334

10,425 12,134 2,721 9,413

14,449 8,401 6,048

June July

r28,727 r9,725 r5,891 rl,377 rl,205 rl9,002 rl,493 1-953

r2,366 r6,478 r2,249 r3,718

r28,296 r9,211 r5,529 rl,405 rl,094

rl9,085 rl,570 r971

r2,228 r6,4l8 r2,150 r3,900

38,433 38,162

7,689 7,802

84,454 80,887 77,273 72,757 4,516 3,614

79,018 76,048 72,197 3,851 2,970

423

3.8 2.3 3.7

13.6

1-7 7.2 3.3 2.1 4.2 3.8 8.1 3.2 2.8

r68,039 r632

•*,Q i n 1. •"•> , - " - ( * +

rl9,777 r l l , 5 7 1 r8,206 r4,336

rl4,086 r3,679

r10,407 r3,335

rl0,467 rl2,232

2,795 r9,437

r-14,523 r8,424 r6,099

r28,884 r9,863 r5,941 rl,397

1,282 rl9,021

rl ,410 r956

r2,508 r6,56l r2,334 i-3,555

r29,075 r-9,582

5,765 1,424 1,132

r 19,493 1,662

986 2,268 6,508 2,181 4,035

38,221 38,365

7,532 8,029

84,550 80,964 77,746 73,270 4,476 3,217

78,985 76,038 72,202 3,836 2,947

453

3.7 2.2 3.9

13.6

1.6 6.9 3.3 2.1 4.3 3.8 7.0 3.3 2.8

r68,201 r637

r° 182 rl9^782 r l l ,624

r8,158 r4,339

r!4,119 1-3,676

rlO,44.3 r3,352

rl0,487 rl2,303 r2,788 r9,515

rl4,523 r8,468 r6.055

vj Revised. 6093

jpy rrenimnary. ±j ua.za lor August. ±yo« are advance esL:ima-oes.

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

MONTHLY BUSINESS STATISTICS—Continued

ITEM 196?

July Aug.

1968

May June July Aug.

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Con.

HOURS (GROSS), AVG. WEEKLY PER PROD. WORKER (MFG. PAYROLLS): Manufacturing, seasonally adjusted •.........••......•.hours.

Overtime hours .......o.............. ......... .do ... Durable goods industries ....... -do...

Overtime hours ...................................do... Nondurable goods industries .do...

Overtime hours ............'.'...'.'. ••..••'•......•.. .do...

MAN-HOUR INDEXES, AGGREGATE WEEKLY', seas, adjusted: Manufacturing .1957-59=100. Durable goods industries ..'....................,......do... Nondurable goods industries do...

HOURLY EARNINGS, AVERAGE PER PROD. WORKER (MFG.PAYROLLS): Manufacturing, not seasonally adjusted ..............dollars,

Excluding overtime .................................do... Durable goods industries ...........'..................do.•.

Excluding overtime ,........'..'................... .do... Nondurable goods industries ..........................do...

Excluding overtime .........................a.....do...

FINANCE

SILVER, PRICE AT NEW YORK ....................dol. per fine oz. MONEY SUPPLY AND RELATED DATA (avg. of daily figures): Unadjusted for seas, variation: Total money supply ... .bil. $. Currency outside banks .............................do... Demand deposits ....................................do...

Time deposits adjusted ...............................do.,. U.S. Government deposits ........'......'.'..............do...

Adjusted for seas, variation: Total money supply ...................................do... Currency outside banks ......'.......................do... Demand deposits ................................. 0.. .do...

Time deposits adjusted do...

r / Revised , ja/ P r e l i m i n a r y . USCCMM-DC-6093

40.5 3 .3

4 1 . 1 3 . 4

39 .6 3 . 1

H 4 . 5 120.0 107.2

2.82 2 . 7 1 3 .00 2 .88 2.57 2.47

1.593

175, 39-

136. 175-

5.

177.8 39.4

138.4 174.8

40, 3

41 3

39 3.

115. 121 107

2 .82 2 . 7 1 3 .00 2 .88 2 .57 2.47

1.750

175 .8 39 .6

136.2 177.8

4 .3

178.9 39 .5

139.4 177.2

40.9 3.7

41.5 3 . 8

39.8 3.3

117.7 123 .1 .110,8

2.99 2.87 3 .18 3 .04 2 .72 2 .62

2.377

182.5 41.3

141 .1 188.4

6 .4

186 .1 41 .6

144.. 5 187.6

40 .9 3 .6

41 .7 3 . 8

40 .0 3 . 4

r l l B . 7 123.7

r l l 2 . 1

3 .00 2 .87 3 .18 3 .04 2.73 2 ,62

2.464

r l 8 5 . 3 41 .9

r ! 4 3 . 3 r l 8 8 . 6

5 .4

r l 8 7 . 1 42 .0

r l 4 5 . 1 r l 8 8 . 2

40.9 3 . 6

r 4 1 . 5 3 . 8

39.9 r 3 . 4

r l l 8 . 3 r ! 2 3 . 9 r l l l . O

3 .00 2 .88 3 .18

r 3 . 0 4 r 2 . 7 5

2.63

2 . 3 U

P40.8 P3.5

P41.3 P3.7

P39.8 P3.2

pllS.O pl23.2 plil.l

P2.99 P2.87 P3.17 P3.03 P2.75 P2.64

2.195

r l87.2 42.4

r l44.8 190.8

5.7

189.4 42.2

174.2 r l90.4

| 186.8 ! 42.6

144.2 194.3

5.5

190.2 42.6

14-7.6 193.7

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