The original documents are located in Box 37, folder “Weekly Briefing Notes, 9/29/1975” 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 Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections.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
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¢ ~ THE VICE PRESIDENT i;i. i;i. WASHINGTON -er tt 1ii;i. !}
October 2, 1975
MEMORANDUM FOR BILL BAROODY
Attached are this week's copy
of the Weekly Briefing Notes and the
supplement, The Social and Economic
Status of the Black Population. 'EEKLY BRIEFING NOTES ON U.S. DOMESTIC /J 'VELOPMENTS Prepared for the President and the Vice President
SEPTEMBER 29, 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 Office of Management and Budget
l't?'o~ ",..t,,, ::c
--- Week of September 29, 1975 SOURCES OF DATA
Manufacturers' Shipments and Orders-Advance' Report on Durable Goods U.S. Department of Commerce, Bureau of the Census, "Manufacturers' Shipments, Inven tories and Orders, Series M3-1"
Exports and Imports U.S. Department of Commerce, Bureau of the Census, "Highlights of Exports and Imports"
Tuesday Spot Market Indexes U.S. Department of Labor, Bureau of Labor Statistics
Money Stock Board of Governors of the Federal Reserve System, Statistical Release H.6, "Money Stock Measures"
Interest Rates Federal Home Loan Bank Board, Office of Economic Research U.S. Department of Com· merce, Bureau of Economic Analysis, "Business Conditions Digest"
School Enrollment U.S. Department of Commerce, Bureau of the Census, "Current Population Reports," Series P-20, No. 284
Crime in Retailing U.S. Department of Commerce, Domestic and International Business Administration
i ' ! Week of September 29, 1975 TABLE OF CONTENTS >- >- -I -I Q:: >- L&J -I -I :c 1-- < Q:: J SERIES ::.::: 1-- Q:: => L&J L&J z < z :c L&J 0 => z 1-- 3: :E O' < 0 SECTION A-General Economic Indicators Part 1-National Income and Product A.1.1 Gross Nationa I Product ...... •.•••.•••...• ·..•..•....•..•••.•. x A.1.2 Personal lncc:>me ••••...•..••.•••...•...... ••••••.•.•.••..•• 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 Unemployrrlent Rate •••••••••.••••••••••••••••••••••••••••• x A.2.2 Duration of Unemployment ..•...•...... •••.•...•.••••.•.. x A.2.3 Unemploylllent Insurance •••••.••••••••••••••••.••••.•••••••• x A.2.4 Labor Turnover ..••...... •..•...... •• !' •••••••••••••• x A.2.5 Help Wanted Index : ...... •...... ••... x Part 3-Houn, Earnings and Productivity A.3.1 Average Workweek, Manufacturing .•...... ••....•..••••••• x A.3.2 Compensation Per Man-hour ...... •.....••••••....•.•.•••... x A.3.3 Productivity Indexes ...... •....•...... •.••.••.•• x A.3.4 Real Earnings ...... •.••....•.••.•••.••.••.•.•••••• x A.3.5 Work Stoppa!JE!S ..•...... •..•.•.•...•.•..•••••.• ••• . x Part 4-Production and Trade A.4.1 Industrial Production Index ...... •.•...... ••••• x A.4.2 Production of Primary Metals ...... •...... •••••••. x A.4.3 Production and Sales of Transportation Equipment ••..•.•.•.•••... x A.4.4 Mai:aufacturers' Shipments, Inventories, and Orders ..•...... ••••.. . x A.4.5 Capacity Utilization .•.•...... •..•....••....•..•••..• x A.4.6 Retail Sales ...... ••...... · ....•.•..••••.....•.•.••. .. x A.4.7 Wholesale Trade: Sales and Inventories .•• .....•...... •.••.•.• x A.4.8 Manufacturing and Trade Inventories and Sales ••••••.••.•••.••••. x A.4.9 Manufacturers' Evaluation of Their Inventories .••.••••••••••• . x Part 5-Foreign Trade and Balance of Payments A.5.1 Exports and Imports . . • • • . • • . . • • . . ..•• •..•. , •.•...... ••. ~ . x A.5.2 Manufacturers' Export Sales and Orders of Durable Goods ...•.•.. •• x A.5.3 Balance of Payments .••.••.•.•.••..••.•.•.••••.•••.•••.••.•. x A.5.4 Foreign Travel .....•...... •.•...... •...... ••... x Part 6-Prices A.6.1 Consu111Sr Price Index ..••••••••••..••••.•••...•••••••.••••. x A.6.2 Wholesale Price Index ..•••••••••••••••.••••••.•••••.••••...• x A.6.3 Tuesday Spot Market Price Index •••••••.••• ~ •••••••••••••••.• x
.. Week of September 29, 1975
TAB LE OF CONTENTS-Continued
>-_, _,>- a:: _, >-_, :c u..i I- I- < a:: SERIES ~ a:: ::::> u..i u..i z: < z: :c u..i 0 ::::> z: I- 3: ~ O' < 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 Consul'TN!r Credit • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • X A.10.4 Common Stock Prices ...... • . • • ...... • . • . . . . • . . • . • • . • • X A.10.5 U.S. Government Securities ...... • . . . . . • . . • . . . • . • • • . • . . . • X A.10.6 Business Credit . . . . • . . . . . • ...... • . . • ...... • . . . . . X A. 10. 7 Interest Rates • · • · . . . . · • . • · · • · · · · · · • • · • • · · · · • • • · · · · · X 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 B-General Social Indicators
Part 1-Population B.1.1 Population Estimates - Total Population •..... : ...... ••••.•..••••••.••••••..•• x - Total Population by Age, Sex, and Race ••.•.•.•••••••..•••••.• x - Rate of Growtfl •••••••••.••••••••••••••••••••••••••••••• x - Components of Change (Births, Deaths, Net Immigration) ••••••.•• x - Population Projections •••••.•.••••••••••••• ·••••••••••••••• x - Abortion ••.••••••••••••.••••••••••••••••••••••.•••••••• x B.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 September 29, 1975.
TABLE OF CONTENTS-Continued
>-_, >-_, a::: >-_, ...... , _, :c I- cc a: SERIES ...... ,~ I- a::: :::::> ...... , ...... , z cc z :c 0 :::::> z: I- 3: :e 0 cc 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 8.2.2 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 8.3.1 Life Expectancy - At Birth .•.••.•••••..•.•..••.•••••.•••••••••••..••••••• x - At Selected. Ages ...... •..••.••...•••.••••••••••.•••..•••• x - Death Rates by Cause .••••...... •...••...••..•••••.•.•.• x x - Leading Causes of Death .•..•...•••..•.••••.••••••••••••••• x - Infant Mortality .•..•.••••••••••••••••••••.•••••••••••••• x x 8.3.2 Disability - Days of Disability by Type ..••••..••••••.••••.••..••••••••• x - Institutionalized Population .••. ~-· ••.••••••..•••••..•••••••. x - Disability by Degree of Limitation and Cause •.•..•••••..••.•••• x - Short-Term Disability ..•.•.••.••••....••.•••••••••••.• " •• " x 8.3.3 Morbidity - Communicable Diseases ••...•.•.•••••..••••••••.•••••••••• x - Acute 11 lness •••••.••••••••••••••••••••••••••.••••••••••• x 83.4 Health Status - Nutrition • Dietary Intake x • Clinical Measurements ...... x - Obesity •••...••••...... •••.•••••...•••••.•••.••.•••• :X {'" - Drugs (~· • Drug Deaths • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••• x • Drug Abuse Episodes ....•.••••••.•.•••••••••••.•.•••••• x • Liquor Consumption •••..••.••· •••...••••..•••••••••.••. x - Smoking •••••••••.•••••.••••••••••••••••••••••••••••••• x - Physical Fitness ••••...••..••••••.••...•••••...•••••••••• x - Perceived Health Status ••••••••••••••••••••••••••••••••• 0 • x . Week of September 29, 1975
TABLE OF CONTENTS- Continued
> > ....I >- ....I 0:: ....I ....I ::c L&.J < :::..::: 0:: SERIES ...... ~ :::> L&.J L&.J z: < z: ::c L&.J C) :::> z: ...... 3: ::E C>' < 0 SECTION B- General Social lndica.tors (Continued)
B.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 8.4.1 Educational Achievement by Sex, Race, Socioeconomic Status, Region - Math, Science, Reading, Writing . ..•.. . • • •. . ..•• • . • . . . . •. .•.• x - Music, Art« Literature, Citizenship ...... • ..•...... •... . . · X · 8.4.2 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 Enrollment ...... •...... •..•.. •. .• .. .•... x - Participation in Adult Education ...... • .. . . • x 8.4.4 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 B.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 September 29, 1975
TABLE OF CONTENTS-Continued
>- >- a::-' _, >-_, -' l.U -.-' :::c I-
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 - A':JfJ, Race, and Sex •..••••••••••••••••••..•.••••••••• ; •••• x - Regional Differences •••••••••••••••••••••••••••••••••••••• x 8.6.3 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/Income Ratio ...•..••.•..••.. °' ••••••• ~ •••••••••••••• x
B.6. 7 Consumer Attitudes • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 1111 • • • • x Part 7-Housing B.7.1 Housing Conditions - Average Size of Households .•••.••.••.••.••••.••.••.••..... x - Households Lacking Selected Facilities, by Size, Race, Tenure, and Location • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • •••••• x - Average Persons Per Room •.••..••••••...•..•..•.••.••••.•• x
-· Week of September 29, 1975
TABLE OF CONTENTS-Continued
>- >- --' --' ....,0::: >- ::c --'cc: --' I- I- 0::: SERIES ::..::: 0::: => UJ ...., :z: cc: :z: ::c C> => :z: I- 3:: ::::e O' cc: C> SECTION 8-Socioeconomic Series (Continued)
B.7.2 Home Tenure - Single Family Dwellings ...... •.....•.....•...... x - Mo bi le Ho mes • • • • • • . . . . • • • • • ...... • • • • • . • • • • • • • • • • • • • • • • x - Condominiums and Other Multi-Unit Structures •••••••.•••••••• x - Vacation Horlles ...••..•...•...•••.•••...••••....•.•••.•. x B. 7 .3 Cost and Expenditures - Average Mortgage Paynlents ...... x - Upkeep and Maintenance .....•.•...•...••.••....••..••.•.. x - Average Rental Paynlents ...... x B.7.4 Attitudes Towards Housing and the Community ...... x
Part 8-Leisure and Recreation B.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
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.. · Week of September 29, 1976
TAB LE OF CONTENTS-Continued
>- >- a:::-' >- -'::::c l.IJ -' -' I- I- < a::: SERIES ::.::: a::: :::> L.t.J l.IJ z: < z ::::c 0 :::> z: I- '""'3': ::::E O' < 0 SECTION C-Govemment Activity
Part 1-Social Welfare and Security C.1.1 Social Security (OASDHI) - Current Beneficiaries .. ~ ••...••••••••...••••..••••.••••••• x - New Benet iciaries ...•....••••...... •••.••.•••••••••••••. x - Average Payment ..•.••.•...•...••••....•.•.•••••••...••• x C.1.2 Old A~ Assistance - Benet its Paid •..••.•....••.•••.•..••••••••.••••.•••••••.• x - Recipients •.••..•••.....•..••••...••••••.••.•••••.•••.•• x C.1.3 Aid to the Disabled - Blind ••••.••••••.••••••••••.••••••••••••••••••••••••••• x - Deaf ...... - •••••••••••••- ••.••• _; •••• x - Other ...•.•...••....••....•.••••••.•.•.••••••..•••••••• x C.1.4 Aid to Families With Dependent Children - Recipients ...... •...... •....••.•••••..•.••.•••••..••... x - Benet its ...•.•...•...... •.••..••••.••••.••.••..••••••• x C.1.5 Unemployment Insurance Coverage - Benefits Paid ...... •.•....••...•••...•••.•••..•••...•• x - Recipients .....•.••••....•.....•...•••...••••...•••••••• , x C.1.6 Housing Assistance
- Recipients .••.•... llJ ••••••••••••••••••••••••••••••••••••• x - Benet its .....•..•...... ••...... •...••••..•.•.••••••• x C.1.7 Food Stamps - Recipients ...... x - Benet its ...... ••.•..••.••...••••...•....•••••..• x C.1.8 Aid to Disaster Victims - Recipients ...... ••.••...... •••...••....•...... •...•••••. x· - Benefits ...... 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 September 29, 1975
TAB LE OF CONTENTS-Continued
.....>- .....>- a:: ...... >- ::c 1..1.J I- I- < er: SERIES :::.::: a:: ::::I 1..1.J 1..1.J z: < z: ::c 1..1.J 0 ::::I z: I- 3: :::E O' < 0 SECTION C-Government Activity (Continued)
Part 3-Government Operation C.3.1 Federal Employment - Employees • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • X - Payroll ...... • . . . . • • . . . • . . . . . • • • . . . • • • • • ...... • . . • . • . . . X C.3.2 State and Local Employment and Finances - Employees ••••••••••••••••••••••••••••••••••••••••••••• 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 Oual ity •....•••••...•••..•••••••••••.•••••••••• 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 D.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 - Gover~ment ...... x D.2.3 Science Achievement in Schools - Secondary Schools .•...... ••..•••.•.....•...... •.•• x - Higher Education ...... x
-· Week of September 29, 1975
TABLE OF CONTENTS-Continued
>-__, >-__, a:: __, >-__, :c '-'"' I- I- < a:: SERIES ::.:: a:: :::::> l..i.I '-'"' z: < z: :c '-'"' 0 :::::> z I- :I: :E O' < 0 SECTION D-Environment, Science, Culture
0.2.4 Public Attitudes Towards Science and Technology x
Part 3-Culture D.3.1 Persons Employed in Artistic Professions - By Type •••••••••••.•••••••••••••••••••••••••••••••••••• x 0.3.2 Children's Skill and Appreciation of Literature Arts, Music .••.•••••• x 0.3.3 Participation in Cultural Activities - Voluntary Organizations •.•••...•••..••.•••••..•••.••.•.••• x - Travel •...... •.••.•...... ••••••...•••.••..•.•.••. x - Hobbies, Sports, Music, etc. • ..••.••...••....••••••.•••...•••• x 0.3.4 Attendance at Cultural Events - Plays, Galleries, Motion Pictures •..••••..•••.••••...••••..•..• x - Concerts, Museums, etc. • .....••.••••...•.•••....•...•• ." .•. x SECTION E-Selected Subjects A.4.4 - Manufacturers' Shipments and Orders Advance Report for Durable Goods THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGD
NEU l'ROERS $-t 1. 8 0.3% -15. 5% BILL IONS SHI PMENTS $-t 1. 7 1. 1% -7. 0% BILLIONS OF DOLLARS OF DOLLARS 50 50
45 45
40 . 40
35 35
30 30
25 19 71 1972 1973 1974 1975 SOURCE: BUREAU OF THE CENSUS ----29 SEPTEMBER------= 1975 - A.'+.'f- - 1\le1 l\lew uraers Components of Durable Goods THIS CHANGE CHANGE PERirJD LAST PER. YEAR AGCJ PRIMARY METALS $6. 6 7. 0% -33. 9% MACHINERY,NCJNELECTRICAL $6.8 -6. 1% -17. 1% BILLll1NS MACHINERY,ELECTRICAL $5.8 9.3% 1.0% BILLIClNS ClF OClLLARS CJF OCJLLARS 11 11
9 9
7 7
5 5
3 3 19 71 1972 1973 1974 1975 A.4.4 - Shipments Components of Durable Goods THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGD TRANSPCJRTATICJN EQUIPMENT $9.7 1.7% -1.3% BILLIClNS PRIMARY METALS $6. 2 5. 2% - 26. 5% BILLICJNS CJF OCJLLRRS Clf OClLLRRS 11 11
9
7
5
3 1971 1973 19 74- ---t~Q14:75>------SClURCE: BUREAU ClF THE CENSUS 2q s-PTEMBER 1 7S • The increase in New Orders was primarily due to gains in Primary Metals and Elec trical Machinery which offset a $540 million drop in Nonelectrical Machinery.
• Since March, New Orders for Primary Metals have increased a total of 33.5 percent.
• The advance in Shipments was led by Primary_ Metals and Transportation Equipment.
• Primary Metals, up 5.2 percent, rose for the second consecutive month following a steep 8 month slide.
. . A.5.1 - Exports and Imports
THIS CHANGE CHANGE PERieJD LAST PER. YEAR RGeJ TlHAL EXPeJRTS $9.00 1.3% 7.4% TDTAL INPDRTS $7. 96 0. 7% - 14.1% BILLl eJNS IMDRTS EXCLUDING PETR"LEUM $5. 80 -1 . 3% -11.0% BILLieJNS "F DeJLLARS ·eJF OeJLLRRS 10 10
9 9
8 8
7 7
6 6
5
4
3 3
I 2 i 2 1971 1972 1973 1974 1975
SeJURC~ a~IJ--QF- :fHE-C-€NSUS 29 SEPTEMBER 1975 A.5.1 - Merchandise Trade Balance Excluding Military Assistance THIS CHANGE CHANGE PERIDD LAST PER. YEAR AGD
BILLI~NS MERCHANDISE TRADE BALANCE $1.035 $. 06 $1.92 BILLIONS ~F DDLLARS DF DDLLARS 2.0 2.0
1. 5 1.5
1.0
0.5 0.5
0.0 i o.o
-0. 5 -0.5
- 1.0 I - 1. 0
- 1.5 I - 1. 5 19 71 1972 1973 1974 1975 SDURCE: BUREAU DF THE CENSUS 29 SEPTEMBER 1975
•The August trade surplus exceeded July's $977 million gain:
• Total Exports rose 1.3 percent, down only 4.4 percent from the January peak of $9.41 billion.
• Total Imports edged up only 0.7 percent, after increasing 13.7 percent in July.
•The Merchandise Trade Balance has been in surplus for seven consecutive months, bringing the total surplus for the year to $7.4 billion.
•Topped the record full-year surplus of $7.08 billion registered in 1964.
• Excluding Petroleum, Imports dropped 1 .3 percent. ·------=-=-- - A.5. - Exports of Selected Agricultural Commodities
THIS CHANGE CHANGE PERil'JD LAST PER. YEAR AGl'J Sl'JYBEANS $322. 7 l5.9% 32.9% MILLIONS Cl'JRN $270. 6 18. 5% 35. 8% MILLil'JNS l'JF DOLLARS l'JF Ol'JLLARS 600 600
500 500
400 400
300 300
200
I 100 ' 100
0 0 19 71 1972 1973 1974 1975 A.5.1 - Imports of Petroleum and Petroleum Products THIS CHANGE CHANGE PERll'JD LAST PER . YEAR AGCJ BILLll'JNS PETRCJLEUM lMPl'JRTS $2.16 1.9% -21.5% BILLrnNS l'JF DCJLLRRS l'JF Ol'JLLARS 3.5 3. 5
3. 0 3.0
2.5 2. 5
l. 5 1. 5
1.0 , 1.0
0.5 0.5 o.o 1971 1972 1973 SCJURCE: BUREAU l'JF THE CENSU5 • The export rise mainly reflected increased shipments of farm products.
• Exports of Soybeans increased $42 million in August as the leading agri cultural item, up 15.9 percent.
•Corn Exports rose 18.5 percent after falling 46.3 percent since January.
•Imports of Petroleum increased_ $102 million (4.9 percent), compared to July's 47.8 percent increase.
• Down 21.5 percent from last year's level.
.. A.6.3 - Tuesday Spot Market Indexes Not Seasonally Adjusted THIS CHANGE CHANGE PERI DO LAST PER. YEAR AG(l FfJtlOSTUFFS 246. 1 1.4% - 5. 7% ALL CfJMMfJD IT I ES 206.8 0. 3% -9. 9% RAU INDUSTRIAL CfJMMfJDITIES 183.2 -0.4% -12.7% INDEX INDEX 300 300
280 280
260 260
240 2-iO
220 220
200 200
180
160 160
140 140
120 120
100 100 1971 1972 1973 1974 1975
SOURCE: BUREAU OF ~AB~~TISTICS 29 SEPTEMBER 1975 • The Tuesday Spot Market Price Index for all Commodities edged up 0.3 percent in the week ended September 23.
• The increase in Foodstuffs outweighed the decline in Industrial Com modities.
• After declining for four consecutive weeks, Foodstuffs have increased a total of 3.6 percent over the last two weeks.
• Raw Industrials declined for the second week in a row after increasing 8.5 percent during the previous five weeks.
------. ------
. . A.10.1 - Money Stock Measures
THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ MS= M3 +LARGE NEGOTIABLE $1 , 142. 2 0. 4% 9. 2% CERTIFICATES OF DEPCJSIT M3 = M2 + DEPCJSITS CJF $1,061.2 0.8% 10.6% NONBANK THRIFT INSTITUTIONS M2 = Ml + TI ME DEPOS ITS AT $653. 8 0. 5% 8. 6% CDMM ' L B NKS EXCL . LARGE CD ' S Ml =CURRENCY PLUS $291.i 0.3% 5.0% BILLWNS DEMAND DEPOSITS- -- BILLWNS DF OCJLLARS CJF OCJLLARS 1200 1200
1100 1100
1000 1000
900 900
800 800
700
600
500 · 500
400 1 -\00
300 300
------I 200 200
100 100
0 0 19 71 1972 1973 197-\ 1975 SOURCE: BCJARO CJF GCJVERNCJRS CJf THE FEDERAL RESERVE SYSTEM - 29 SEPTEHBER-t91tr=- •With the ~xception_of M1, most .._Money Stock Measures showed decreased growth from July:
Seasonally Adjusted Annual Rates (Percent)
June-July July-August • M1 2.1 - .3.7_ •M2 8.5 6.3 •M3 12.9 9.9 •M5 9.5 4.5
.. A.10.7 - Average Conventional Home Mortgage Rate Not Seasonally Adjusted THIS CHANGE CHANGE PERI~D LAST PER. YEAR AGO MORTGAGE RATES-EXJSTING HOMES 9. H 0. 7% 0. 1% MORTGAGE RATES-NEU HOMES 8. 91 0. 2% -2. 0% PERCENT PERCENT 10.00 10. 00
9.75 1 9.75
9.50 9.50
9.25 9.25
9.00 9.00
8.75 8.75
8.50 8. 50
8.25 8. 25
8.00 I 8.00
7.75 : 7.75
7.50 7. 50
7.25 17 .25
7.00 7.00 19 71 1972 1973 1974 1975
_SOURCE: FEDERAL H~ME.l..lmN.::_BA~ BOARQ 29 SEPTEMBER 1975 A.10.7 - Average Prime Rate Charged By Banks Not Seasonally Adjusted THIS CHANGE CHANGE PERirJD LAST PER . YEAR AGrJ PERCENT AVERAGE PRIME RATE 7. 61 6.6%. -36. 6% PERCENT PER ANNUM PER ANNUM 12.5 12. 5
11. 5 11 . 5
10.5 10.5 1 I 9.5 9. 5
8.5 8.5
7.5 7.5
6.5 6. 5
5.5 5. 5
-t. 5 4. 5 19 71 1972 1973 197-t 1975 SrJURCE: BrJARD rJF GrJVERNrJRS rJF THE FEDERAL RESERVE SYSTEM 29 SEPTEMBER 1975
• Mortgage Rates for Existing Homes increased for the third month in a row.
• Still 4.8 percent below the record high of 9.6 percent established in December.
• Mortgage Rates for New Homes were up slightly from July after dropping to the lowest level since June 1974.
• August marks the second consecutive monthly increase in the Average Prime Rate since reaching a two-year low in June of 7 .08 percent.
• The Average Prime Rate Increased at an accelerated rate of 6.6 percent in August, compared to 0.8 percent in July. B.4.3-- High School Seniors Planning for College, 1974 - - -- - Percent Planning for College
~ Plan to attend co1leae May attend college TOTAL, ~ All SENIORS 1972 73·3%
19?1- 70·5%
MALE
1972 75·9%
19?1-
FEMALE
1972 70·6%
19?1- 71-6% . WHITE
1972 72·8%
19?1- 70·8%
NEGRO
1972 78-0%
19?1- 67·8%
0 10 30 70 80 Percent"° Source: Bureau of the Census 22 September 1975 Percent Planning for Vocational School
TOTAL, LL SENIORS
1972 12·0%
um 1c>3%
WHI TE
1972 12·0%
19'!
NEG RO
1972 11·4%
19'&-
0 10 1~ Percent Source: Bureau of the Census 22 September 1975
• In 1974 the proportion of male high school seniors planning to attend college decreased to 69 percent from 76 percent in 1972.
• However, there was not a corresponding increase in the proportion with plans for vocational-technical school enrollment.
• Although about the same proportion of both sexes indicated they had some plans to enter college, female high school seniors were more certain of their college plans than men- 46 percent compared to 41 percent.
• There is some evidence that black high school seniors were less likely to make definite plans for entering college in 1974 than in 1972.
• The proportion dropped from 45 percent to 36 percent.
• ~in~ the survey is taken in October of the school year, the statistics probably md1cate general values and wishe1 of students rather than concrete decisions based - · on--resulu ef applying-for-entrance to college. B.4.3 - High School Seniors Planning for College,·-;974 (By Family Tncome)-
Less than $5,000 Percent Planning --- to,~99 for College to$7~
$10.000 to $14-,999
$1!),000 76·4-% to $24-,999
~.000 and Over
Less than $5,000
~000 to $7,4-99
$~/JOO to $9,999 13·6% 10,000 Percent Planning for Vocatio-nal School- to $14,999 $1!),000 to $24-,999 $25,000 and Over
0 10 20 40 ~ 60 70 80 00 100 Percent Source: Bureau of the Census 22 September 1975
------·------· -~ - - 8.4.3 - High School Seniors Planning for College, 1974. (By Occupation of Family Head)
~ Senion Plannln& for eoneee ~ Seniors Planning for Vocational School Percent 60
42% 4-03
- 30 27%
16%
10 -
v - - - 0 - - - Professional Blue Collar or Manaeerial Occupations Occupation of Family Head Source: Bureau of the Census 22 September 1975
• Socioeconomic status of the family is also related to decisions to attend either a college or vocational school.
• Children of professional and managerial workers are more likely to have some plans , for college attendance and less likely to intend to go to a vocational school than are children of workers in other occupations.
• A high family income, $25,000 a year or more, also greatly increases the chances a senior had some plans to attend college and decreases the likelihood that he or she anticipated post-secondary vocational training.
------=-==- -
. . 8.9.2 - Estimated Retail Losses Due to Ordinary Business Crime Billions of Dollars
~ 1970
§ 1973
1974
5.77
Total General Merchandise Drug Stores Food Stores Other and Apparel
SOURCE1 Bureau of Domestic Commerce 29 September 1975
------~ - - - 8.9.2 - Estimated Retail Losses as a Percent of Total Sales
Percent of Sales .. - 3·5%
. 3-0% 3 -
2-0% 2 - 1·5%
1-0% 1 -
0 Total General Drue Food Other Merchandise Stores Stores Stores and Apparel Source: Bureau of the Census 29 September 1975
• Retail Merchants lost an estimated $6.8 billion to crime in 1974, an 11 percent increase over 1973.
• General Merchandise and Apparel up 8.3 percent.
• Drug Stores up 7 .1 percent.
• Food Stores up 12.3 percent.
• Other Stores (Home Furnishings, Furniture, Appliance, Radio and TV, and Hardware Stores) up 34.3 percent.
• Losses due to crime amounted to 2 percent of sales volume in all stores.
• Drug Stores were hardest hit, losses amounting to 3.5 percent of sales volume in 1974.
• In General Merchandise and Apparel, losses were 3 percent of sales volume.
• Food Storetll~ lowest inciden~e of loss-1.~ percent of s~~es. ~~~~-=-~~~~--~~~~ B.9.2 Burglaries By Location, 1973 Rate Per 100 Establishments
~ All Establishments
II Retail Establishments
g7
69
~ :56 27 26 2Q 26 16 12
"" All Locations Ghetto Non-Ghetto St1bt1rbs Central C1t1 Central C1t1
B.9.2 - Robberies By Location, 1973 Rate Per 100 Establishments
lIIIIJ All Establishments
II Retail Establishments
lQ
g
6 5
A11 Locations Ghetto NOn-Ghetto Rural Central Cit~ Central Cit~
SOURCEa Law Enforcement Assistance Adm1nistrat1on 29 September 1975 ------=-==- - - 8.9.2 - Victimization Rates of Retail Stores, 1972 Rate Per 1,000 Establishments
lIIIIl 8t1r~ 1ar"
mm RobberJ
500 4g~ 42Q ~70 ~72
2~ 212 g5 1~5
16.700 42.000 200. 700 ·~.500 Number of Retail Establishments Oetro1 t Los Angeles Pb1ladelpb1a Na.v York Chicago SOURCE 1 Law Enforcement Assistance Adm1n1strat1on 29 September 1975
• Burglary and Robbery Rates in ghetto areas were about triple those in central city non-ghetto areas.
• In 1973, the burglary rate for retail stores located in ghetto areas was 97 per 100, or an average of nearly one a year.
• Of the Nation's largest five cities, Detrort had the highest rate of burglaries - 720 per 1,000.
• Los Angeles was next with 509.
• The lowest rate was recorded in Chicago, 372 per 1000.
• Detroit also was the biggest target of robberies - 370 per 1,000 stores.
• Los Angeles had the lowest rate - 95 per 1,000. ------~ ------=-=------=""------