The original documents are located in Box 37, folder “Weekly Briefing Notes, 10/6/1975” of the William J. Baroody Files at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Digitized from Box 37 of the William J. Baroody Files at the Gerald R. Ford Presidential Library
THE VICE PRESIDENT
WASHINGTON
October 8, 1975
MEMORANDUM FOR BILL BAROODY
Attached is this week's copy of the Weekly Briefing Notes. f EKLY BRIEFING NOTES ON U.S. DOMESTIC /J VELOPMENTS Prepared for the President and the Vice President
OCTOBER 6, 1975
COMPILED BY THE FEDERAL STATISTICAL SYSTEM Coordinated by the Bureau of the Census at the request of the Statistical Policy Division, Office of Management and Budget
Vincent P. Barabba, Director Joseph W. Duncan, Bureau of the Census Deputy Associate Director for Statistical Policy Off ice of Management and Budget Week of October 6, 1975 SOURCES OF DATA
Unemployment Rates U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States"
Duration of Unemployment U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States"
Labor Turnover in Manufacturing U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States"
Help-Wanted Advertising The Conference Board
Manufacturers' Shipments, Inventories, and Orders U.S. Department of Commerce, Bureau of the Census, "Manufactuers' Shipments, Inven tories and Orders, Series M3-1"
Wholesale Price Index U.S. Department of Labor, Bureau of Labor Statistics, "Wholesale Price Index"
Construction Expenditures U.S. Department of Commerce, Bureau of the Census, "Value of New Construction Put in Place"
Agricultural Prices • U.S. Department of Agriculture, Crop Reporting Board
Composite Index of Leading Indicators U.S. Department of Commerce, Bureau of Economic Analysis, "Business Conditions Digest" Outdoor Recreation U.S. Department of the Interior, National Park Service, Annual Reports, 1973, 1974. Unpublished 1975 data.
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- '. ( Week of October 6, 1975 TABLE OF CONTENTS >-_, >-_, a: _, >-_, ::c ..... < SERIES :.:: ..... """a: ::::> z < z z """ 0 ::::> z: = """~ :::IE O' < s SECTION A-General Economic Indicators Part 1-National Income and Product A.1.1 Gross National Product •••....•••....•..•....•.•.•.•...•••••• x A.1.2 Perse>na I lnoome ....••••••...... •...•.••.•••..••.....•• x A. 1.3 Corporate Profits • • • • • . • . • • • • • • . . • • • • • • • • . • • . • • • • • • . . • x A.1.4 Federal Receipts and Expenditures .•••.•••••••••..••••••••. x A.1.5 Business Investment .•.•.••.••.•...••..•••••••••••••.•. x Part 2-Employment and Unemployment A.2.1 UnemployJYlent Rate ••..••••.•..•...•...•••••••.•....•..••• x A.2.2 Duration of Unemployment ..•....••.•.•••.•..•.•..•.••..•••• x A.2.3 Unemployment Insurance ...... ••.•..•....•••....•••.••••.••• x
A.2.4 Labor Turnover •••••••••••• ., •••• , • t ••••• _ TABLE OF CONTENTS-Continued >- -' >- 0:: >- -' L&J -' -' %: ..... < SERIES ::.::: ..... 0:: ::::> f5 L&J z: < z: :z: L&J C> ::::> z: t- 3:: :iE C>' < 0 SECTION A-General Economic Indicators (Continued) Part 7-Construction A.7 .1 Housing Construction ...... X A.7 .2 Value of New Construction Work Done . . . • . • ...... • . . . . • . . . X Part 8-Energy, Raw Materials, and Commodities A.8.1 Distribution of Electric Power .••..•....•.•••..•••.•.•..•••••• x A.8.2 Production and Consumption of Fossil Fuels •.•••••.•••...••••••• x Part 9-Agriculture A.9.1 Farm Income and Expenses x . -- - - Part 10-Money and Credit ' A.10.1 Money Stock Measures ••.....•.....••...•••••....•.•••••.••. x A.10.2 Bank Reserves ...... x A.10.3 Consunler Credit ...... •...... x A.10.4 ComrrlC>n Stock Prices ...... ••..•.•....•..• x A.10.5 U.S. Government Securities ...... •.•.•.••••.•••.•••• x A.10.6 Business Crectit ...... x A.10. 7 Interest Rates ...... · · ... · · · · · · · · · · · · · · Part 11-lndicators of Business Activity A.11.1 Composite Index of Leading Indicators ...... • ...... • • . . . . . • . • . X A.11.2 Number of New Business Incorporations • . . • . . • • • • . • • • • • • • • • . X A.11.3 Number of Business Failures ,. • • • . . • • • . • . • • • • • • • • • • • • • • • • • X SECTION 8-General Social Indicators Part 1-Popu lation 8.1.1 Population Estimates - Total Population ...... • . . . • ...... • . • . . • ...... x - Total Population by Age, Sex, and Race .•••....•.•..••.••••.•• x - Rate of Growtll ...... •...... • x - Components of Change (Births, Deaths, Net Immigration) •• : .••••• x . - Population Projections .....•...... •...... •...•...•..•.. · x ( Ii/) - Abortion ...... •...... ••...... •..... x 8.1.2 Population Distribution - Population by Size of Place ••••••••.••••••••••••.•••••••••• · x - Population in Rural and Urban Areas •.•••••••••••••..••••.••• x B. 1.3 Migration - Recent Movers ..•.•.••.•.•••••••...••••••••...... •.••••• x - Migration by Region •.•..•....•••••...... •.•....•••.••• x Week of October 6, 1975 TABLE OF CONTENTS-Continued >-_, >- er::: -' _,>- :c Ll.J <-' SERIES ::or:: .-- a::.-- ::::> er::: Ll.J z: z: Ll.J cc """:c 0 ::::> z: .-- ;r: :e Cl < 0 SECTION B--General Social Indicators (Continued) Part 2-The Family B.2. 1 Living Arrangements, Selected Characteristics - Age, Sex, and Race ••...... ••..•.••••••••••••••.•..•.••••• x - Single Person Households ..•••.•....•. ~ •••.•••..•..•••••..• x - Children Living With Single Parents ••.•••..•••.••.•..•••••..• x - Average Family Size .•••.•...... •••••...•.•.••••••...••.•• x B.2.2 Family Formation and Dissolution - Marital Status of the Population ••..•.•.•.••••..•.••.•••••..• x - Marriage and Divorce Rates ...•....•.•...•••.•••••••••••.•• x - Marriages Ending in Divorce .....••.•••.....•••••••••..••.•. x B.2.3 Attitudes Towards Family Life x Part 3-Health B.3.1 Life Expectancy - At Birth ..•.••..•••.•...••....••.••.•••••••••...••••••• x - At Selected_ Ages • . . • • • • • • • • • • . . • • • • • • • • • • • • • • • • • • • ••••••• x - Death Rates by Cause ..•..•...... •...•.••..•••••.••••.•••• x x - Leading Causes of Death .••...... •••••.•..•.••••••.•.•.• x - Infant Mortality ...... , x "X B.3.2 Disability - Days of Disability by Type •••...... •••••••..••..•...•.••••. x - Institutionalized Population .•...... ••••••.••••••••••.••..•• x - Disability by Degree of Limitation and Cause •.••..••••••••••••• x -Short-Term Disability .••...... •..•..••...•.•....•..••.••.• x B.3.3 Morbidity - Communicable Diseases .•••.....••.•••.•.•..••.••••••••••• x - Acute Illness, ..•..••••...•.••.•....•.•...•..•.•.....••..• x 83.4 Health Status - Nutrition • Dietary Intake x • Clinical Measuremetlts •••••.••• °' ••• «I •• o ••••••••••••••••• x - Obesity .•.....•••••.....••.•..•..•••..•.••....•..•.•••• x ' .;, ' - Drugs ,~ • Drug Deaths • . • . . • . . . . . • . • • ...... • • • . • . . • • • • • • • • • • • • • x • Drug Abuse: Episodes •.•...... •••••..••..•••.••••••••••• x • Liquor Consumption . . • . . . . . • • • • . • • • . . . . . • • • • • • . • • • • • •• x "" - Smoking ...... x - Physical Fitness • • • • • . • • • • • • • • • • • • • • • • • • • • . . . . • • • • • ••.••• x - Perceived Health Status ...... x Week of October 6, 1975 TABLE OF CONTENTS-Continued SERIES SECTION 8-General Social Indicators (Continued) 8.3.5 Health Care Delivery - Physician and Dental Visits •...••....•••••....•••••••••••••• x - Costs and Expenditures .••..•..•••.••••.•..••••••.•..•.••• x - Facilities .....•...•...... •••••....•..••••.....••...•••• x - Personnel . • . . . . • . . . • . . . . • . . • • • . . . . . • • . • • • . . . . . • • • • • • . • • x - Attitudes Towards Health care ..•.•.••••.•.••.•.••••••••••.• x Part 4-Education B.4.1 Educational Achievement by Sex, Race, Socioeconomic Status, Region - Math, Science, Reading, Writing ....•....•.••••••....•••.•... x - Music, Art, Literature, Citizenship ..•.•.•.••••••...•.•••••••• x· B.4.2 Attainment - High School Graduation Rate ••.•..•.•••••.••.••• ; •.••.••..• x - The High School Educated Population by Race and Sex •••••••.•• x - College Educated Population by Race and Sex •...•..•••••••.•.. x B.4.3 School Enrollment - Primary and Secondary School •...... •••.••••.••....••••••• x - Preprimary by Age, Race, Income ....•••••.•...•.•••••••..•• x - Modal Age Enrollment by Sex, Race ••••••••••••••••••••••••• x - High School Students Expecting to go to College ••••••.•.•....•• x - College Entrance Rates by Sex, Race, Socioeconomic Status •.••••• x - College- Enrollmer1t •.•.••.•••••..•••.•.••••••••••••••••••• x - Participation in Adult Education ...•.••.•••..••.•.•••....•.. x B.4.4 Educational Facilities and Personnel - Schools, Classrooms ...... x - Teachers, Administrative,Others ...••...... •••.•..•••••••.• x B.4.5 Costs and Expenditures - Expected Student Expenses, Higher Education •...••••••••.•.•• x - Expenditures by level of Government .••.•••.••..••••••....•• x Part 5-Work 8.5.1 Labor Force, Employment and Unemployment - labor Force Participation, Selected Characteristics •••..•.•..•••• x - Part-time, Part-year Workers, Selected Characteristics ...•••.••.•• x - Employment by Occupation, Selected Characteristics .•.•.•••••.. x - Unemployment, Selected Characteristics •..••...••..•...•...•. x x - Discouraged Workers .•••••...... •.•••.•....•••....•..•..• x - Labor Union Membership •••.•..•••••.••••••••• · •••••• x B.5.2 Earnings - Median Earnings, Selected Characteristics .••..•••..••.•••••...• x Week of October 6, 1975 TABLE OF CONTENTS-Continued ...... >- >-_, a:: >- l.U ...... :c ..... c:c a: SERIES :::.::: ..... a:: => l.U l.U z c:c z :c l.U 0 => z ..... :s:: :iE O' c:c 0 SECTION B-General Social Indicators (Continued) B.5.3 Working Conditions - Regular and Overtime Hours, Selected Characteristics •••••••.•••• x - Work Injuries by Occupation ...•••...... ••••••••...••.••.• x - Time, Distance, and Mode Transportation to Work .•..•..••••.•• x B.5.4 Benefits - Vacations, Holidays . ! •••••••••••••••••••••••••••••••••••• x - Benefit Plans .....••...... •...... ••.••••.•••••••..••••••• x B.5.5 Retirement - Persons Retiring From Work ...... •....••.••••..•••••••.•. x - Work ... Life Expectancy ••.••...••••••••••.••••••••••••••••• x - Retirement Benefits ...... •...... •.•.....••..•.•..•••••. x Part 6-lncome, Consumption, and Wealth B.6.1 Income Levels - Median Family Income •...... •••....•••••.• x - Composition of Family Income ...... •.••••.••••.•.•..••. x - Per Capita Income •..•...... •...••••.•..•••••••••..... x B.6.2 Distribution of Income - AflJ, Race, and Sex ...... •.•••....•••.•••••••.•••••••• x - Regional Differences .••••••••••.•••••••••••••••••..••••••• x B.6.3 Poverty ...... x B.6.4 Consumption - Personal Consumption Expenditures ...... •.•.•.....••.••... x - Consumption of Durable Goods .....••....•••...... •••••.•. x B.6.5 Wealth - Net Worth of Consumer Units ..•...... •...... •..••.•..••• x - Composition of Wealth ...... •...... ••...... •••••.•• x B.6.6 Consumer Borrowing and Debt - Amount of Debt Outstanding ...... ••....•.••••.•..•••.••. x - Debt/I ncorrie Ratio ••••••••• II ••••••••• o •••• •...... x, '" B.6. 7 Consumer Attitudes ...... x Part 7-Housing B.7.1 Housing Conditions ' - Average Size of Households ..•.•••••..•..•..••••••...•..••• >("~ - Households Lacking Selected Facilities, by Size, Race, Tenure, and Location ..•.•...... •••••...•..•••...•...•.••••••. x - Average Persons Per Room ....•••••.....•••..•.•..••.•••.•• x Week of October 6, 1975 TABLE OF CONTENTS-Continued ...J>- >-...J a: >- LU ...J ...J :I: ..... cC a: SERIES ::.:: ..... a: :::> LU LU z cC z :I: LU 0 :::> z ..... 3: ::E 0 cC 0 SECTION B-Socioeconomic Series (Continued) 8.7.2 Home Tenure - Single Family Dwellings .•...... •.•..••...•... x - Mobile Homes ...•..••••..•..•....•••••.••••...••..••••.• x - Condominiums and Other Multi-Unit Structures ....••••.....••. x - Vacation Homes ...... •••...... ••..•.•.• x B.7.3 Cost and Expenditures - Average Mortgage Pay111ents ...... x - Upkeep and Maintenance ....•.••...... •.•..•••••••..•.•.•• x - Average Rental Pay fll8nts ...... x B.7.4 Attitudes Towards Housing and the Community .....•..•.•• ~ ••..• x Part 8-Leisure and Reaeation 8.8.1 Use of Leisure Time ...... •.•. x B.8.2 Recreation - Outdoor (Social, Active Sports, etc) •••••. , , , •.••• • , •.•.••••••• x - Indoor (Television, Visiting, Other) .•••••...... •.•••. , •••• x x Part 9-Public Safety B.9.1 Crimes Known to Police - Violent ...... , ...... ••..•...... x x - Property ....•.•...... •.•..• ·"· ...... •••.••••.••..••.•. x x B.9.2 Victims of Crime, Selected Characteristics - Violent ...... •...•. x - Property ...... •••...... ••••••••••.•••.•.••.••.•.•• x B.9.3 Fear of Crime, Selected Characteristics x B.9.4 Police Activity - Persons Arrested by Charge ...... x - Offenses Cleared ...... •.•.••.....••••.•••••••.....••••.•• x B.9.5 Judicial Activity - Persons Sentenced for Federal Crimes •• . _. .•.••••.•••..••••• "/ x B.9.6 Prisoners, Adults and Juveniles - Prisoners by Sentence ...... X - Average Length of Sentence ...... ~ . x - Persons Executed and Sentenced to Death •••.•.•.•••••••.••••• X. - Average Prison Population ...... •...... x B.9.7 Expenditures for Administration of Criminal Justice ••••••••••••.•• x Week of October 6, 1975 TABLE OF CONTENTS-Continued >-_, >-_, er:: >- Lt..I _, _, :c ..... < a::: SERIES ::.:: ..... er:: ::::> Lt..I Lt..I z < z :c Lt..I 0 ::::> z I- 3:: :e O' < 0 SECTION c-Govemment Activity Part 1-Social Welfare and Security C.1.1 Social Security (OASDH I) - Current Beneficiaries ...· ••.....•.•...••....••••••••.•••••• x - New Beneficiaries •••••••••••••••••••••••••••••••••••••••• x - Avera!)e Payment .•..•..••••..••.•..••...•••••.•.••.••••• x C.1.2 Old A<;YJ Assistance - Benefits. . Paid ..••...•...••••..••••.•••..••••••.••••..•••• . x - Rec1p1ents •••••••••••••••••••••••••••••••••••••••••••••• x C.1.3 Aid to the Disabled - Blind ..•..•.••••...•••••••••.••••••••••••••••••••••••••• x - Deaf •••••••••••••••••••••••.• -· ••••••••_ ...... _ •••••• x - Other ....••••.•...•..•••...•....•••.•.••.••....•...•••• x C.1.4 Aid to Families With Dependent Children - Rec1p1ents ••••••••••••••••••••••••••••••••••••••••, •••••• x - Benefits •••••••••••••••••••••••••••••••••••••••••••••• (I x C.1.5 Unemployment Insurance Coverage - Benefits Paid ..•....••••.••..••••••••.•••...•••.••••••••• x - Recipients .•....•..•.....••..••...••••..••••••••••••.••• x C.1.6 Housing Assistance - Recipients ...... x - Benet its .••....•....••...••...••..•.••••. .., •••••..••••.• x C.1. 7 Food Stamps - Recipients ...••.•....•...•••...•.•••••.••..•.•••..•••••• x - Benefits ••••••••••••••••••••••••••••••••••••••••••••••• x C.1.8 Aid to Disaster Victims -. Recipients •.••..•.•••..•.••.•..••..••..•••••.••••••••••• x - Benet its •.•.••...... ••....••••...•••....•••...•••• x C.1.9 Veterans Benefits - Recipients ..•..•••..•••...••••.•••.•••...••••••••••••.•• x - Benefits ...... x ~·""\\. .. .-· •, Part 2-Equal Opportunity " C.2.1 Equal Employment Opportunity - Minority Employment •.••••••••.••••••••••••••.•••••••••• x - Earnings, Promotions, etc. . •••..•••••••..•••••••.•••••••••• x C.2.2 School Desegregation - Students Attending Predominantly Minority Schools ••••••••••••• x - Public/Private Enrollment, and Control .••••.••••••••.•••••.•• x ·------··------'!'"'!!!!!!!!!..,,.....~------=~~~~~~======-- Week of .October 6, 1975 t AB LE OF CONTENTS-Continued >_, >_, a::: > L&J ...... _, ::c .... < a::: SERIES ::.:: .... a::: ::::> L&J L&J z: < z: :c "\.M 0 ::::> z: 3:: :::E O' < ....0 SECTION C-Government Activity (Continued) Part 3-Govern ment Operation C.3.1 Federal Employment - Employees . . . • • • • • . . • . . • . . • . • • . . . . • • • • • • • • . • . • • • • • • • • • • X - Payroll • • • • • • • • . . . • • . • • • • • . . • • . • • • • • • • • • • • • • • • • • • • • • • • • X C.3.2 State and Local Employment and Finances - Employees •••••••• r. • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • X - Payroll . . . • • • • • • ...... • • . • • . • . . . • . • • • . • • • • • • . . • • • . . . • • • X SECTION D-Environment, Science, Culture Part 1-Environment 0.1.1 Air Quality - Amount of Pollutants Released Into the Atmosphere •••••••.••••• x - Ambient Air Quality-National, Major Cities •.•••.••••••••••..•• x - Perceived Quality .....•.•••••....••.•••••.....•••.••..••• x D.1.2 Water Quality - Miles of Streams Meeting EPA Standards .....•••••••••••• ~ •... x - Oil Spills, Fish Kills ....••..•••..•....•••••..•.••.•••••••• x D.1.3 Hazardous Substances - Estimated Amounts Produced •.• <. •••••••••••••••••••••••••• x - Concentration in Biosphere ••.••..•.••....•••••••••••.•••.• x D.1.4 Ecological Balances - Endangered Spec~ (Plant and Animal) ••••••.••••...••••••••. x - Critical Areas (Coastal Zones) ••..•.•.••••....••.•••••..•..•• x - Land/People Density ...... •.•..•••••••.•...•••••••..••• x Part 2-Science 0.2.1 Professionals in Scientific Fields - By Specialty . • • . . . • ...... • . . . • • • • • . . • • • . ~ • • • • • . • • . • • ••• x - Person Years of Scientists, Engineers Engaged in R&D .•••...•• ·/• ~ . . /, x D.2.2 Expenditures for Research and Development /,} - Private Industry . . . . • • • • • • . . . • . • • • . • . . • • • • • • . • • • • • • • • •· • ~,.• x - Governrr'lent •••••••••••••••••••••••••••••••••••••••••• ~,. x D.2.3 Science Achievement in Schools - Secondary Schools .•••...•••••••.....•••••••.•••.•••••.•• " x - Higher Education ...... x Week of October 6, 1975 · · TABLE OF CONTENTS-Continued >- -' >- 0::: _, >- -' L&J ::J:: ce -' I- I- a: SERIES ::.:: 0::: :::> L&J L&J z cc z x L&J 0 :::> z 31': :E 0 cc s SECTION D-Environment, Science, Culture D.2.4 Public Attitudes Towards Science and Technology ...... x Part 3-Culture D.3.1 Persons Employed in Artistic Professions - By Type •••••••••• ! •••••••••••••••••••••••••••••••••••• x D.3.2 Children's Skill and Appreciation of Literature Arts, Music •••••••••• x D.3.3 Participation in Cultural Activities - Voluntary Organizations •••..•••••••••••••••••••••••••••••• x - Travel ...... x - Hobbies, Sports, Music, etc. • .••••••••••.•.• •••••••••.• _•••••• x D.3.4 Attendance at Cultural Events - Plays, Galleries.Motion Pictures ••.•.••••••••.•••••••••••••••• x - Concerts, Mu•ums, etc. . ..•..••.••.•.••..•..••••....•..· .•• x SECTION E-Selected Subjects · ·A.2.1 - Unemployment Rate THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ ALL VCJRKERS, T~TAL 8.3 - 1.1% 43.1% HCJUSEHCJLD HEADS 5. 7 3. 6% 67 . 6% MARRIED MEN 5.3 6.0% 89.3% PERCENT PERCENT 10. 10 9 9 8 8 7 , 7 6 -- 6 5 5 4 3 3 2 2 1 0 19 71 19 72 1973 19 74 1975 SCJURCE: BUREAU CJF LABOR STATISTICS 6 CJCTCJBER 1975 A.2.·1· - Civilian Labor Force and Employment nns CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ TOTAL CIVILIAN LABOR FORCE 93.1 0.0% 1.6% MILLICJNS TOTAL CIVILIAN EMPLOYMENT 85.1 0.1% -1.1% MILLIONS CJF PERSCJNS ClF PERSONS 95 95 90 190 85 80 80 75 75 1971 1972 1973 1971 1975 SCJURCE: BUREAU CJF LABOR STAT ISTICS 6 ClCTCJBER 1975 • The Overall Unemployment Rate declined slightly in September. •However , Increases were recorded in the rates for Household Heads and Married Men. •Total Civilian Employment remained virtually unchanged. •·One mill i on below the September 1974 peak . •Total Civilian Labor Force, at 93. l mi l lion, was essential ly t he same as in August. •Over the past year, the Labor Force has expanded by less than 1.4 million, with all the increase occurring in the last 7 months . A.2.1 -. Vnemployment Rate By Age, Sex, and Race Males, 20 Years and Over THIS CHANGE CHANGE PERI CID LAST PER. YEAR AGCJ ADULT MALES, NEGRCI AND 12. 1 9.0% 77 . 9% CITHER RACES PERCENT ADULT MALES, VHITE 6. 5 6.6% 80.6% PERCENT 14 14 12 12 10 10 8 8 6 4 2 2 1971 1972 1973 197i 1975 Females, 20 Years and Over THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO ADULT FEMALES, NEGRCI ANO 12. 1 - 4. 0% 45.8% CITHER RACES PERCENT ADULT FEMALES, \IHJTE 6.8 -1.1% 28.3% PERCENT 13 13 11 9 7 5 3 19 71 19 72 1973 19 74 1975 SOURCE: BUREAU OF LABOR STATISTICS 6 OCTOBER 1975 A.2.1 - Unemployment Rate By Age, Sex, and Race Both Sexes, 16 to 19 Years THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ TEENAGERS, NEGRO AND 37.2 -0.5% 13.8% OTHER RACES TEENAGERS, \/HITE 17.4 -9.0% 15.2% PERCENT PERCENT 45 45 40 35 35 30 I 30 25 25 20 20 15 15 10 10 19 71 1972 1973 1974 1975 SCJURCE: BUREAU CJF LABCJR STATISTICS 6 CJCTCJBER 1975 ~ Unemployment Rates for Adult Men, both White and Nonwhite, increased in September. •Joblessness among Nonwhites rose 36 percent faster than amo ng Whites . • The Unemployment Rate for Adult Nonwhite Females retreated somewhat from last month's peak of 12 .6 percent. • The rate for White Women was essentially unchanged . •Teenage Unemployment was reduced , however, the improvement was concentrated in the rate for White Teenagers. •Nonwhite Teenage joblessness edged down only marginally. A.2: 1 - Unemployment Rate By Industry THIS CHANGE CHANGE PERICIO LAST PER. YEAR AGCI CCJNSTRUCTICJN 19.2 -3.5% 60.0% AGRICULTURAL VCIRKERS 9. 9 -5.7% 47.8% MANUFACTURING - -- 10.6 1.0% 76.7% VH~LESALE AND RETAIL TRADE 8.7 -2.2% 31 . 8% PERCENT PERCENT ·25 25 23 23 21 21 19 17 17 15 13 13 11 11 9 7 5 5 3 3 1971 1972 1973 19 74 1975 SCIURCE: BUREAU CIF LABCIR STATISTICS 6 CICTCIBER 1975 A . 2 ~ 1- - Unemployment Rate By Occupation THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ BLUE CCJLLAR 11. 5 o.o:t 64.3% SERVICE \ICJRKERS 8. 7 -6.1% 35.9% \/HITE CCJLLRR 4.7 2.2% 34.3% PERCENT PERCENT 14 12 10 B 6 .. 2 19 71 1972 1973 1974 1975 SCJURCE: BUREAU CJF LABCJR STATISTICS 6 CJCTCJBER 1975 • Among the major industry groups 9 gains and losses were relatively small and offsetting~ • unemployment in Construction decreased for the fourth consecutive month . • unemployment Rates for Blue-collar and White-collar workers were essentially unchanged . . • Joblessness among Service Workers dipped 6.4 percent from last month's recession peak of 9.3 percent . A.2.2 - Duration of Unemployment Number of Workers Unemployed THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ LESS THAN 5 VEEKS 2,790 4.3% 5. 1% 5 TCJ 14 VEEKS 2,430 2.9% 42.9% Thousands 15 VEEKS AND CJVER 2,856 0.5% 188.8% Thousands of Persons of Persons 4000 I 4000 3500 ' 3500 3000 1 3000 2500 2500 2000 2000 1500 1500 1000 1000 500 500 0 19 71 1972 1973 1974 1975 SCJURCE: BUREAU CJF LABCJR STATISTICS 6 CJCTCJBER 1975 A.2.2 ·- Average Duration of Unemployment THIS CHANGE CHANGE PERI~O LAST PER. YEAR AGCJ AVERAGE OURATICJN 16. 2 3. 2% 67 . 0% \/EEKS \/EEKS 18 18 rs 12 12 10 10 8 B 19 71 1972 1973 1974 1975 SOURCE: BUREAU CJF LABOR STATISTICS 6 CJCTCJBER 1975 • Long-Term Unemployment (15 weeks and over) was essentially unchanged at 2.9 million in September , almost 200 percent above last year 's level. •The number of workers jobless 15 weeks or longer rose by 14,000, after posting the first real decline in August since late 1973. • The Average Duration continued to rise to 16.2 weeks. • Highest level since late 1961. A.2.4 - Labor Turnover Rates in Manufacturing THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TOTAL SEPARATION RATE 3.5 -12.5% -23.9% TOTAL ACCESSION RATE 4.1 - 2. 4% - 4.7% PERCENT PERCENT 7. 0 7.0 6.5 6.5 6.0 6.0 5.5 5. 0 5.0 4.5 4.5 4.0 4.0 3.5 3.5 3.0 3.0 2.5 2.5 2.0 2.0 19 71 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS 6 rJCTOBER 1975 A.2.4 - Components of Labor Turnover THIS CHANGE CHANGE PER mo LAST PER. YEAR AG" NEV ·ffIRES 2.5 -t.2% -2-t. 2% QUITS 1. 6 6. 7% - 36. 0% LAY~FFS 1. 4 0.0% 16.7% PERCENT PERCENT 1. 5 1. 5 3.5 1 3 5 I • 2.5 1.5 1.5 ··a.5 o.s 19 71 1972 1973 1971 1975 SDURCE: BUREAU DF LABOR STATISTICS 6 OCTOBER 1975 •Total Accessions declined but at a slower pace than Tota l Separations . •Total Accessions fell 2.4 percent as a result of a decrease in Other Accessions (Recalls, Transfers , etc.).* •New Hires , which rose 4.2 percent in August , have increased 67 percent since March . •Total Separations dropped 12 .5 percent returning to their January 1960 rate of 3. 5, their lowest level since February 1955 . •Quits continued to rise, advancing 6.7 percent. •Layoffs were unchanged from July when they reached their lowest level since last September . *Unpublished Data A ~ 2 . 5 - Index of Help Wanted Advertising (1 967=100) THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO HELP-VANTEO INDEX 82 -2.1% -28.1% INDEX INDEX 135 135 125 125 115 115 105 105 95 95 85 85 75 !75 65 65 1971 1972 19 73 1974 1975 SOURCE: THE CONFERENCE BOARD 6 OCTOBER 1975 • The Index of Help-Wanted Advertising fell for the first time in five month~. •Down 2.4 percent to a level of 82. • Prior to this, the Index had recovered 20 percent from the March low. /) <',... "' A.4.4 - Manufacturers' Shipments, Inventories, Orders All Manufacturing THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGO TOTAL INVENTORIES $116. 3 -0.6% 1.7% UNFILLED ~ROERS $121. 9 0.3% -12.5% NET NE\I ~ROERS $85.5 2.3% -5.2% BILLIONS SHIPMENTS- -- · $85. 1 2.7% -0.i% BILLl"NS "F DOLLARS "F DOLLARS 1'70 170 160 160 150 ' 150 140 140 130 I 130 120 120 110 I 110 100 100 90 90 80 70 70 60 60 50 50 1971 1972 1973 19 74 1975 / S"URCE: BUREAU "F THE CENSUS 6 OCTOBER 1975 A.4.4 - Inventories by Stage of Fabrication All Manufacturing THIS CHANGE CHANGE PER1"D LAST PER. YEAR AGO VOAK-IN-PAOCESS $19.2 -0.6% 3.1% FI NISHED GCJCJOS $46.5 0.3% 10.6% BILLWNS MRTERIRLS AND SUPPLIES $50.6 -1. 3% 1. 1% BILLICJNS CJF DOLLARS OF DOLLARS 55 55 50 50 't5 't5 'tO 35 35 30 30 19 71 1972 1973 19 7't 1975 SOURCE: BUREAU CJF THE CENSUS 6 OCTOBER 1975 •New Orders continued the strong upward trend begun in April, increasing 2.3. percent in August , for a total i ncrease of 14.9 percent. •This is the largest increase for any five month period in over ·20 years (December 1954 - April 1955). •shipments rose 2.7 percent , a total increase of 9.8 percent from the March low. •Largest 5-month upswing since January-May 1959 . •Unfilled Orders increased for the second month in a row. f •Manufacturers ' Inventories decreased for the sixth consecutive month. •The current period of contraction is the longest since the eleven month period ended August 1958. •Materials and Supplies accounted for 80 percent of the total decline. •Finished Goods increased for the first time since March . A.4.4 - Manufacturers' Shipments, Inventories, Orders 1 Durable Goods THIS CHANGE CHANGE PERIC.ID LAST PER. YEAR AGCJ UNFILLED DRDERS $117. 4 0.2% -12.6% TOTAL INVENTORIES $97. 1 -1.1% 6.7% NE\I DRDERS $42 .5 2. 1% - 13. 5% BILLIONS SHIPMENTS --- . $42.3 2. 7% -4 . 9% BILLIONS OF DOLLARS OF DOLLARS ~ ~ 10 10 1971 1972 1973 197'\ 1975 A.4.4 - Manufacturers' New Orders Selected Durable Goods Industries THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO PRIMARY METAL INDUSTRIES $6.8 10. 11 -31.9% NONELECTR ICAL MACHINERY $6. 9 -6. 3% -16.2% BILLIONS ELECTR ICAL MACHINERY $5.8 9.5% 4. 2% BI LL WNS OF OCLLARS CF Dl?LLARS 10.5 I 10. 5 I 9 •.5 9.5 8 .. 5 8.5 7.5 7.5 6 •.5 6.5 5.5 5. 5 1. 5 1.5 J .. 5 3.5 19 71 1972 1973 197i 1975 SOURCE: BUREAU OF THE CENSUS 6 OCTOBER 1975 A.4.4 - Manufacturers' Shipments Selected Durable Goods Industries THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ PRIMARY METAL INOUSTRlES ss·." 7.9% -21.6% BI LL H'JNS M CJT ~R VEHICLES AND PARTS $6. 8 5. 9% -0.8% BILLICJNS CJF DCJLLARS CJF DCJLLARS 9 8 7 6 5 3 1971 1972 1973 1971 1975 SCJURCE: BUREAU CJF THE CENSUS 6 CJCTCJBER 1975 • New Orders for Durable Goods continued to advance, led by increases in Primary Metals (up 10.l percent) and Electrical Machinery (up 9.5 percent) . •The decline in Nonelectrical Machinery was partially offsetting. • Durable Goods Shipments increased at a faster pace in August, up 2.7 percent compared to 1.9 percent i n July and 0.6 percent in June. •Major increases were reported in Primary Metals and Motor Vehicles and Parts. • Unfilled Orders of Durable Goods increased by 0.2 percent, the second increase in a row after declining for nine months . · • Durable Inventories were reduced at a faster rate in August, 1.1 percent compared to 0.6 percent in July. •The decrease was widespread with nearly all major categories declining. A.6.2 - Wholesale Price Index Selected Processed Foods and Feeds TH IS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ CRUDE VEGETABLE ~ILS 195.9 -13.7% -36.6% RNIMRL FATS ANO l'JILS 41 1.4 9.0% 33.4% INDEX INDEX 475 475 425 425 375 375 325 325 275 275 225 225 175 125 125 75 75 19 71 1972 1973 1974 1975 Sl'JURCE: BUREAU l'JF LABCJR STATISTICS 6 CJCTCJBER 1975 • Sugar and Confectionery declined 9. 7 percent in September after a 5.4 increase in August . • Dairy Products increased for the seventh consecutive month . • Meats, Poultry, and Fish are up 26.8 percent in one year. • Sharp, offsetting movements were registered in Fats and Oi l s : • Animal Fats and Oils -- up 9.0 percent. • Vegetabl e Fats and Oil s -- down 13 .7 percent. A.6.2 - Wholesale Price Index Selected Processed Foods and Feeds THIS CHANGE CHANGE PERIDD LAST PEA. YEAR AGD SUGAR ~ CONFECTIONERY 217 . 7 -9.7% -26.3% DA IRY PRODUCTS 161. 6 2. 3% 11 . 1% MEATS,POULTAY,FISH 209.8 4\.4% 26.8% INDEX INDEX 450 450 400 400 350 350 300 300 250 250 200 200 150 150 I 100 100 1971 19 72 19 73 19 74 19 75 SDURCE: BUREAU DF LRBDR STATIST ICS 6 DCTDBER 1975 A.6.2 - Wholesale Price Index Selected Industrial Commodities THIS CHANGE CHANGE PER I rm LAST PER. YEAR AGCJ METALS & METAL PR~DUCTS 185. 5 0.8% -1 . 0% FUELS AND PCJ\IER 255. 4 1.6% 13. 3% INDEX INDEX 260 260 235 235 210 210 185 185 160 135 135 110 110 19 71 1972 1973 1 97~ 1975 SOURCE: BUREAU CJF LABCJR STAT ISTI CS 6 CJCTCJBER 1975 • The principal contributions to t he increase in Fann Products were : • Fruits and Vegetables up 7.0 percent. • Fluid Milk up 5.4 percent. • Largest incr ease since t he 10. 3 percent recorded i n September 1973. • Livestock up 6. 7 percent for a total i ncrease of 45 . 0 percent since February. • Higher pric~s for Fuels and Metals accounted for half of the 0. 7 percent increase in Industrial Convnoditi es . A.6.2 - Wholesale Price Index Selected Farm Products (1967:100) THIS CHANGE CHANGE PERirJD LAST PER. YEAR AGCJ FLUID MI LK 188. 3 5.4% 16.7% FRESH ANO DRIED FRUITS 208.4 7.0% 11.9% AND VEGETABLES LIVEST"CK 209.5 6.7% 24.5% INDEX INDEX 275 275 250 250 225 225 200 200 i 175 I 175 150 150 125 1-25 100 I 100 19 71 1972 1973 19 7-1 1975 SOURCE: BUREAU OF LABOR STATISTICS 6 OCTOBER 1975 -r •The Wholesale Price Index for All COITIOOdities advanced at a slower pace in September, 0.6 percent compared to 0.8 percent in August and 1.2 percent in July. •fann Prices which had decreased 1.5 percent in August, moved up sharply in September. • Since March, Farm Prices have run up a total of 18.3 percent. •Industrial Cornnodities increased 0.7 percent. • Largest increase since Hovember 1974. NOTE: All Conmodities is seasonally adjusted independently and is not derived by adding together its seasonally adjusted components. On occasion, as in August and September, this procedure can produce situations in which changes in components are inconsistent with changes in the total, particularly when prices fluctuate widely. A.6.2 - W holesale Price Index ( 1967=1 00) THI S CHANGE CHANGE PERIOD LAST PER. YEAR AGO FARM PRODUCTS 19B.9 4. 3% 7.9% PROCESSED FOODS AND FEEDS 186. 3 1. 0% 5. 3% RLL CDMMCJDITlES 177.2 0. 6% 6.3% INDUSTRIAL COMMODITIES -- - 173.0 0. 7% 8. 7% INDEX INDEX. 220 220 210 210 200 200 190 190 180 180 170 170 160 • 160 I 150 I 150 I I I I HO I HO I I 130 I 130 ,,, ,,, -~ " ,,, ,,, / 120 /' ' 120 110 110 100 100 19 71 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS 6 OCTOOER 1975 A.4.4 - Manufacturers' Shipments Selected Nondurable Goods Industries THIS CHANGE CHANGE PER IOD LAST PER . YEAR AGO FOOD ANO PRODUCTS $11.2 2. 2% -t. 6% BILLIONS PETROLEUM AND COAL PR~DUCTS $5. 9 7. 3% 14. 9% BILLI ONS OF DOLLARS OF DOLLARS 15 15 13 13 9 7 7 5 5 3 3 1 19 71 1972 1973 197i 1975 SOURCE: BUREAU OF THE CENSUS 6 OCTOBER 1975 •Nondurable Inventories increased 0.5 percent, or $249 mil l ion in Augus t . • Fi rs t increase s i nee January. •Food and Kindred Products wa s the major cnn tributor , rising 2.8 percent. •Nondurable Shipments continued the strong advance begun in May. • The advance was broadly based , l ed by : 8 Petroleum, up $398 mi l lion. • Foods , up $306 mi 11 ion . A.4.4 .- Manufacturers' Shipments, Inventories Nondurable Goods THIS CHANGE CHANGE PER1"0 LAST PER. YEAR AGCJ TCJTRL INVENTCJRIES $49.2 0.5% 1. 1% BILLICJNS SHIPMENTS $'42.8 2.6% '4.1% BILLICJNS CJF OCJLLARS CJF OCJLLARS SS 55 50 ' 50 I 15 15 10 10 ,.. 35 30 25 25 19 71 1972 1973 1971 1975 Selected Nondurable Goods Inventories THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ BILLWNS FCJOD AND KINDRED PRODUCTS $11. 0 2.8% -6.'1% BILLIC'JNS CJF DOLLARS C'JF DC'JLLARS 13 13 12 11 10 9 8 19 71 1972 1973 1974 1975 SCJURCE: BUREAU (jf THE CENSUS 6 CJCTCJBER 1975 A.7.2 - Value of New Construction Work Done Seasonally Adjusted Annual Rates THIS CHANGE CHANGE PERIClD LAST PER. YEAR AGCl CURRENT DClLLARS $126.2 1. 1'% -6. 9% BILLIClNS CONSTANT DOLLARS $65.5 0.5% -13.7% BILLIClNS ClF DOLLARS ClF DClLLARS 150 150 liO 130 130 120 120 110 110 100 100 90 90 BO ao 70 70 60 Isa 50 150 19 71 1972 1973 1971 1975 Private Residential Structures THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGCl RESIDENTIAL BUILDINGS $23.9 2.1% -17. 9% BILLIONS OF 1 UNIT STRUCTURES $15.0 1.9% -0. 7% BILLIClNS ClF 1967 D"LLARS 1967 OClLLARS i5 i5 35 35 25 25 15 15 5 5 19 71 1972 1973 197i 1975 SOURCE: BUREAU OF THE CENSUS 6 jjCfjjBEH rn75 Private Nonresidential Buildings THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO NONRESIDENTIAL BUILDINGS 12.2 -2. 4% -20. 3% BILLICINS CIF INDUSTRIAL BUILDINGS 3.7 -5.1% -9.8% BILLIONS CIF 1967 DOLLARS 1967 DOLLARS 20 20 16 16 12 12 8 0 0 19 71 1972 1973 1974 1975 SCIURCE: BUREAU OF THE CENSUS 6 OCTOBER 1975 • Construction Spending, in real dollars increased 0.5 percent in August. • In current dollars, spending was up 1.1 percent after a 0.9 percent decline in July. • Private Residential Buildings. up 2. 1 percent from July9 but down 17.9 percent from August a year ago. •Private Nonresidential Structures continued to decline. () ( A.9.1 - Index of Prices Received and Paid By Farmers (1967=100) THI S CHANGE CHANGE PERIOD LAST PER. YEAR AGO PRICES PAID 189 1.1% 8.0% PRICES RECEIVED 193 3. 2% 6.6% INDEX INDEX 230 230 220 '220 210 210 200 200 190 190 180 180 170 170 160 160 150 150 140 liO 130 130 120 120 110 110 100 100 19 71 19 72 1973 197i 1975 SOURCE: U.S. DEPARTMENT OF AGRICULTURE 6 OC T~HER 1975 A.9.1 - Price Indexes - .Selected Farm Commodities (1967:100) THIS CHANGE CHANGE PERI~O LAST PER. YEAR AG6 DAIRY PA~OUCTS 173 6.1% 11 . 6% MEAT ANIMALS 196 4.3% 29.0% POTATOES, ETC. 230 -16.4% 9.5% INDEX INDEX HO 110 370 370 330 330 290 290 250 250 210 210 170 170 130 I 130 90 90 19 71 1972 1973 1971 1975 SOURCE: U.S. DEPARTMENT ~F AGRICULTURE 6 ~CT~BER 1975 • Index of Prices Received by Fanners moved substantially above Prices Paid by Farmers for the first time since the latter part of 1974 . • Prices Paid by Fanners rose 1.1 percent, up 2 points to 189. • Index of Prices Received by Fanners increased 3.2 percent which marks a return of price increases following last month's unchanged reading. • Prices Received for Meat Animals rose 8 points (4.3 percent) , after dropping 6 points (3.1 percent) in August. 9 Prices Received for Dairy Products rose for the third consecutive month, up 6.1 percent. ' • Prices for Potatoes, Sweet Potatoes, and Dry Beans dropped for the second straight month, down 16 .4 percent. A.11 .1 - Composite Index of Leading Indicators (1 967=100) THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO INDEX OF LEADING INOICATDRS 101.7 0.0% -6.5% INDEX INDEX 130 130 125 125 120 120 115 115 110 110 105 I 105 100 100 95 95 90 85 85 1971 19 72 1973 19 74 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS 6 OCTOBER 1975 •The Composite Index of Leading Indicators leveled off in August, remaining at 101. 7. • From March toJuly, the Index had advanced 11.5 percent. •July Index was revisedupward to 101.7, 2.8 percent above the June flgure. A.11 .1 - Selected Components of Composite Index Vendor Performance Companies Reporting Slower Deliveries THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ VENDOR PERFORMANCE 36 20.0% -i7 .1% PERCENT PERCENT 95 95 85 85 75 75 65 65 55 55 45 45 35 35 25 15 15 1971 19 72 19 73 19 74 1975 Index of Stock Prices - 500 Common Stocks ( 1941 -43..;1 0) THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ INDEX CIF STCICK PRICES 85.71 -7.3% 12.7% INDEX INDEX 125 125 115 115 105 105 95 85 85 75 75 65 65 1971 1972 1973 1974 19 75 JRCE: B REAU CJF ECCJNCIMIC ANALY I 6 CJCTCJBER 1 15 •Of the eleven series available, five were positive, five posted declines, and one was unchanged . •The largest positive contributing series was Vendor Perfonnance (companies reporting slower deliveries). •Increased 20 percent to a rate of 36, highest level since October. •A 7.3 percent decline in Stock Prices had the largest negative impact. •Prior to this month ' s slump, Stock Prices had increased 38 percent since December . B.8.2 - Total Park Visitation National Park System Number of Visits, Month of July 1973 34,045 34,660 1975 39,078 Number of Visits, January through July 1973 127,590 19?l 121,880 1975 137,800 0 00 00 100 HO 100 Millions of Visits Source: National Park Service 6 October 1975 •For the first 7 months of 1975 total National Park System visitation was up 13 percent over the first 7 months of 1974 and up 8 percent from the same period of 1973 . • Total visitation was down durin!J the first seven months· of 1974 compared to 1973, showing effects of the oil embargo and gasoline prices during the winter. •By the month of July, however, National Park area visitation showed an increase over July of 1973. •Visits to park areas during July of this_year passed 39 mi 11 ion, up nearly 13 percent from 1ast year, and almost 15 percent from July 1973.