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Weekly Briefing Notes, 3/15/1976
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William J. Baroody Files (Ford Administration)
William Baroody's Copies of "Weekly Briefing Notes on U.S. Domestic Developments"
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The original documents are located in Box 39, folder "Weekly Briefing Notes,
3/15/1976" 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States of America his copyrights in all of his unpublished writings in National Archives collections.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 39 of the William J. Baroody Files at the Gerald R. Ford Presidential Library
#
THE VICE
*
WASHINGTON
= *
March 18, 1976
MEMORANDUM FOR BILL BAROODY
Attached is this week's copy
of the Weekly Briefing Notes.
lucon
WEEKLY BRIEFING NOTES
TABLE OF CONTENTS
FOR CALENDER YEAR 1976
March 15,1976
FREQUENCY LEGEND: W=Weekly: M=Monthly: Q=Quarterly: A=Annual: 0=0ther
SECTION A-General Economic Indicators
DATE SERIES LAST AP-
PEARED IN BRIEFING NOTES
Part 1-National Income and Product
A.1.1 (Q) Gross National Product
1/26.2/23
A.1.2 (M) Personal Income
1/26.2/23
A.1.3 (Q) Corporate Profits
A.1.4 (Q) Federal Receipts and Expenditures
A.1.5 (Q) Business Investment
Part 2 -Employment and Unemployment
A.2.1 (M) Unemployment Rate
1/12,2/9,3/8
A.2.2 (M) Duration of Unemployment
1/12.2/9.3/8
A.2.3 (W) Unemployment Insurance
A.2.4 (M) Labor Turnover
1/5,2/2,3/1
A.2.5 (M) Help Wanted Index
1/12,3/8
Part 3-Hours. Earnings and Productivity
A.3.1 (M) Average Workweek. Manufacturing
1/19.2/16
A.3.2 (M) Compensation Per Man-hour
1/19.2/16
A.3.3 (Q) Productivity Indexes
2/2,3/1
A.3.4 (M) Real Earnings
1/26.2/23
A.3.5 (M) Work Stoppages
1/5,3/1
Part -Production and Trade
A.4.1 (W) Industrial Production Index
1/19.2/23
A.4.2 (W) Production of Primary Metals
2/9
A.4.3 (M) Production and Sales of
Transportation Equipment
1/12,2/9
A.4.4 (W) Manufactures' Shipments. Inventories.
and Orders
1/5.1/26.2/9.3/1.3/8
A.4.5 (Q) Capacity Utilization
1/5.1/26
A.4.6 (M) Retail Sales
1/12.2/16
A.4.7 (M) Wholesale Trade: Sales and Inventories
1/12.2/16
A.4.8 (M) Manufacturing and Trade
Inventories and Sales
1/19,2/16
A.4.9 (Q) Manufactures' Evaluation
of Their Inventories
Part 5-Foreign Trade and Balance of Payments
A.5.1 (M) Exports and Imports
1/5,2/2,3/1
A.5.2 (M) Manufacturers' Export Sales
and Orders of Durable Goods
1/12.2/9.3/8
A.5.3 (Q) Balance of Payments
A.5.4 (A) Foreign Travel
1
Table of Contents-Continued
Part 6-Prices
A.6.1 (M) Consumer Price Index
1/26,2/23
A.6.2 (M) Wholesale Price Index
1/12.2/16.3/8
A.6.3 (W) Tuesday Spot Market Price Index
1/5
Part 7-Construction
A.7.1 (M) Housing Construction
1/19.1/26,2/2.2/16.2/23.3/8
A.7.2 (M) Value of New Construction Work Done
1/5,2/9,3/8
Part 8-Energy, Raw Materials, and Commodities
A.8.1 (W) Distribution of Electric Power
A.8.2 (M) Production and Consumption of Fossil Fuels
2/9
Part 9-Agriculture
A.9.1 (M) Farm Income and Expenses
1/5,2/2,3/1
Part 10-Money and Credit
A.10.1 (W) Money Stock Measures
A.10.2 (W) Bank Reserves
A.10.3 (M) Consumer Credit
2/16
A.10.4 (W) Common Stock Prices
A.10.5 (W) U.S. Government Securities
A.10.6 (M) Business Credit
A.10.7 (W) Interest Rates
Part 11-Indicators of Business Activity
A.11.1 (M) Composite Index of Leading Indicators
1/5,2/2,3/1
A.11.2 (M) New Business Incorporations
2/2
A.11.3 (M) Number of Business Failures
Part 12 -Transportation
A.12.1 (0) Commodity Transportation
A.12.2 (0) Air and Water
2/9
2
Table of Contents-Continued
Section B-General Social Indicators
Part 1 - - Population
B.1.1
Population Estimates
(M) - Total Population
(A) - Total Population by Age, Sex, Race
(A) Rate of Growth
(A) - Components of Change (Birth. Death.
Net Immigration)
2/2
(A) Abortions
(A) Total Fertility
(0) - Population Projections
B.1.2
Population Distribution
(0) - Population by Size of Place
(0) - Population in Rural and Urban Areas
1/12
B.1.3 Migration
(A) Recent Movers
(A) Migration by Region
Part 2- The Family
8.2.1 Living Arrangements, Selected Characteristics
(A) Age, Sex. and Race
1/19,3/8
(A) - Single Person Households
(A) Children Living with Single Parents
1/19
(A) Average Family Size
3/8
B.2.2 Family Formation and Dissolution
(A) Marital Status of the Population
1/19
(M) Marriage and Divorce Rates
1/19
(A) Marriages Ending in Divorce
B.2.3 (0) - Attitudes Towards Family Life
Part 3 Health
B.3.1 Life Expectancy
(A) At Birth
(A) At Selected Ages
(M.A) Death Rates by Cause
(A) Leading Causes of Death
(M,A)-Infant Mortality
B.3.2 Morbidity
(M) -Communicable Diseases
(A) Acute Illness
B.3.3 Disability
(0) Days of Disability by Type
(0) - Institutionalized Population
(A) - Disability by Degree of Limitation
and Cause
(A) - Short-Term Disability
B.3.4
Health Status
Nutrition
(0)
o Dietary Intake
(0)
o Clinical Measurements
(0) Obesity
-Drugs
(M) O Drug Deaths
(M) O Drug Abuse Episodes
(A) - Liquor Consumption
(A) Smoking
3
Table of Contents-Continued
(0) - Physical Fitness
(0) - Perceived Health Status
B.3.5 Health Care Delivery
(A) - Physician and Dental Visits
(A) Costs and Expenditures
1/12
(A) Facilities
(A) Personnel
(0) - Attitudes Toward Health Care
Part 4 - Education
B.4.1 Educational Achievement. Selected Characteristics
(0) Math. Science. Reading. Writing
(0) Music, Art. Literature. Citizenship
B.4.2 Attainment
(A) -High School Graduation Rate
(A) - The High School Educated
Population by Race and Sex
(A) College Educated Population
by Race and Sex
B.4.3
School Enrollment
(A) Primary and Secondary School
(A) - Preprimary by Age. Race. Income
(A) Modal Grade Enrollment by Sex.
Race and Age
(0) High School Students
Expecting to go to College
(0) College Entrance Rates by Sex.
Race. and Socioeconomic Status
(A) College Enrollment
2/23
(0) Participation in Adult Education
B.4.4 Educational Facilities and Personnel
(A) Schools. Classrooms
(A) - Teachers. Administrative. Others
B.4.5
Costs and Expenditures
(0) - Expected Student Expenses.
Higher Education
(A) - Expenditures by Level of Government
Part 5 Work
B.5.1 Labor Force. Employment and Unemployment
(A) Labor Force Participation
(A) Part-time. Part-year Workers
(A) - Employment by Occupation
(M. A) - Unemployment
(Q) Discouraged Workers
(A) - Labor Union Membership
B.5.2 Earnings
(A) Median Earnings
B.5.3 Working Conditions
(A) Regular and Overtime Hours
(A) Work Injuries by Occupation
(0) - Time. Distance, and Mode of Transportation
to Work
B.5.4 Benefits
(0) - Vacations, Holidays
(A) - Benefit Plans
B.5.5 Retirement
(A) - Persons Retiring From Work
4
Table of Contents-Continued
(0) Work Life Expectancy
(A) Retirement Benefits
Part 6-Income. Consumption, and Wealth
B.6.1 Income Levels
(A) Median Family Income
2/2
(A) * Composition of Family Income
(A) Per Capita Income
B.6.2 Distribution of Income
(A) Age. Race. and Sex
(A) Regional Differences
(A) - Income Dispersion
B.6.3 Poverty
2/2
B.6.4 Consumption
(Q) - Personal Consumption Expenditures
2/2
(A) Consumption of Durable Goods
B.6.5 Wealth
(0) - Wealth and Net Worth of Consumer Units
(0) Composition of Wealth
B.6.6 Consumer Borrowing and Debt
(A) Amount of Debt Outstanding
(A) Debt/Income Ratio
B.6.7 Consumer Attitudes
(M) Attitudes Toward Energy Use
(Q) Attitudes Toward the Economy
2/2
Part Housing
B.7.1
Housing Conditions
(A) Average Size of Households
(A) Households Lacking Selected Facilities
by Size. Race. Tenure. and Location
(A) Average Number of Persons Per Room
B.7.2
Home Tenure
(A) Single Family Dwellings
(A) Mobile Homes
(A) - Condominiums and Other Multi-
Unit Structures
1/5
(A) - Vacation Homes
B.7.3 Cost and Expenditures
(A) Average Mortgage Payments
(A) Upkeep and Maintenance
1/5
(A) Average Rental Payments
(M) Median Price for New One-Family Homes
8.7.4
Attitudes Towards Housing
and the Community
Part 8-Leisure and Recreation
B.8.1
Use of Leisure Time
B.8.2 Recreation
(0) Outdoor (Social, Active Sports. etc)
(A.O) - Indoor (Television, Visiting, Other)
Part 9- Public Safety
B.9.1 Crimes Known to Police
(Q.A) Violent
1/5
(Q.A) - Property
1/5
B.9.2 Victims of Crime. Selected Characteristics
(A) Violent
5
Table of Contents-Continued
(A) Property
3/1
B.9.3(0) Fear of Crime, Selected Characteristics
B.9.4 Police Activity
(A) - Persons Arrested by Charge
(A) Offenses Cleared
B.9.5 Judicial Activity
(A) - Persons Sentenced for
Federal Crimes
B.9.6 Prisoners: Adults and Juveniles
(A) - Prisoners by Sentence
(A) - Average Length of Sentence
(A) - Persons Executed and
Sentenced to Death
(A) - Average Prison Population
B.9.7 (A) Expenditures for Administration
of Criminal Justice
B.9.8 Selected Studies
(0) Firearms identification
3/8
6
Table of Contents-Continued
SECTION C-Government Activity
Part 1 Social Welfare and Security
C.1.0 Social Welfare and Security General
2/16
C.1.1
Social Security (OASDHI)
(M) - Current Beneficiaries
(M) - New Beneficiaries
(M) - Average Payment
C.1.2
Old Age Assistance
(M) - Benefits Paid
(M) Recipients
C.1.3
Aid to the Disabled
(M) Blind
(M) Deaf
(M) -Other
C.1.4 Aid to Families with Dependent Children
(M) - Recipients
(M) - Benefits
C.1.5 Unemployment Insurance Coverage
(M) - Benefits Paid
(M) - Recipients
C.1.6
Housing Assistance
(M) Recipients
(M) Benefits
C.1.7
Food Stamps
(M) Recipients
(M) - Benefits
C.1.8 Aid to Disaster Victims
(A) Recipients
(A) Benefits
C.1.9
Veterans Benefits
(M) Recipients
(M) Benefits
Part 2- - Equal Opportunity
C.2.1 Equal Employment Opportunity
(A) - Minority Employment
1/26
(A) Earnings, Promotions. etc
1/26
C.2.2
School Desegregation
(A) - Students Attending Predominantly
Minority Schools
(A) - -Public/Private Enrollment
and Control
Part 3 Government Operation
C.3.1 Federal Employment
(M) Employees
1/26
(M) Payroll
1/26
C.3.2
State and Local Employment
(M) - Employees
(M) Payroll
7
Table of Contents-Continued
SECTION D-Environment, Science, Culture
Part 1 - Environment
D.1.1
Air Quality
(A) Amount of Pollutants Released
Into the Atmosphere
(A) - Ambient Air Quality. Nationwide.
Major Cities
(0) - Perceived Quality
D.1.2
Water Quality
(A) -Miles of Streams Meeting EPA Standards
(A) -Oil Spills. Fish Kills
(0) - Eutrophication of Lakes
D.1.3(0) Hazardous Substances
(A) - Amounts Produced
(A) - Concentration in Biosphere
D.1.4
Ecological Balances
(A) -Endangered Species (Plant and Animal)
(0) -Critical Areas (Coastal Zones)
(A) - Land/People Density
Part Science
D.2.1 Professionals in Basic Research
(A) -By Speciality
(A) - Person Years of Scientists.
Engineers Engaged in R&D
D.2.2
Expenditures for Research and Development
(A) - Private Industry
(A) - Government
D.2.3
Science Achievement in Schools
(0) - Secondary Schools
(0) -Higher Education
D.2.4
Public Attitudes
Toward Science and Technology
Part 3- Culture
D.3.1 (0) Persons Employed in Artistic Professions
D.3.2 (0) Children's Skill and Appreciation of
Literature. Arts. Music
D.3.3
Participation in Cultural Activities
(A) - Voluntary Organizations
(A) - Travel
(A) - Hobbies. Sports. Music. etc
D.3.4
Attendance at Cultural Events
(A) -Plays. Galleries. Motion Pictures
(A) -Concerts. Museums. etc
8
Table of Contents-Continued
SECTION E-Selected Subjects
E.0.1 (A) - Spanish Origin Population
E.0.2 (A) -Metropolitan and Nonmetropolitan Population
E.0.3 (0) - Shareownership of Public Corporations
1/19
E.0.4 (0) -Driver Licenses
1/19
E.0.5 (0) -Trends in Employment of College and University
Graduates in Business and Industry
3/1
9
WEEKLY
BRIEFING NOTES
ON U.S. DOMESTIC
DEVELOPMENTS
Prepared for the President
and the Vice President
FORD & LIBRARY GERALD
MARCH 15, 1976
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
GERALD
Week of March 15, 1976
SOURCES OF DATA
Plant and Equipment Expenditures
U.S. Department of Commerce, Bureau of Economic Analysis, "Survey of Current Business"
Average Workweek
U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics
for the United States"
Hourly Earnings of Production Workers
U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics
for the United States"
Raw Steel Production
American Iron and Steel Institute, "Production of Iron and Steel"
Sales of Motor Vehicles
U.S. Department of Commerce, Bureau of Economic Analysis, "Survey of Current Business"
Motor Vehicle Manufacturers Association, "1975 Automobile Facts and Figures"
Retail Sales
U.S. Department of Commerce, Bureau of the Census, "Monthly Retail Trade Report"
Wholesale Trade
U.S. Department of Commerce, Bureau of the Census, "Monthly Wholesale Trade Report"
Housing Construction
U.S. Department of Commerce, Bureau of the Census, "Construction Reports," Series C
Money Stock
Board of Governors of the Federal Reserve System, Statistical Release H.6, "Money Stock
Measures"
Consumer Credit
Board of Governors of the Federal Reserve System, Statistical Release G.19, "Consumer
Credit"
Common Stock Prices
Standard and Poor's, "Standard and Poor's Stock Price Index"
Population of Voting Age
U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series
P-25, "Projections of the Population of Voting Age, November, 1976" (to be released)
Natality, Marriage, Divorce, Death Rates
U.S. Department of Health, Education, and Welfare, National Center for Health Statistics,
"Monthly Vital Statistics Report" Vol. 24, No. 11; and "1970 Vital Statistics of the United
States, "Vols. I, II, and III
School Enrollment, Costs and Expenditures
U.S. Department of Health, Education, and Welfare, National Center for Education
Statistics, Fall 1975 Statistics of Public Schools (Advance Report)
Week of March 15, 1976
TABLE OF CONTENTS
SERIES
GERALD FORD LIBRARY
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
SECTION A-General Economic Indicators
Part 1-National Income and Product
A.1.1 Gross National Product
X
A.1.2 Personal Income
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 Unemployment Rate
X
A.2.2 Duration of Unemployment
X
A.2.3 Unemployment Insurance
X
A.2.4 Labor Turnover
X
A.2.5 Help Wanted Index
X
Part 3-Hours, 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 Stoppages
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 Manufacturers' 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 Consumer Price Index
X
A.6.2 Wholesale Price Index
X
A.6.3 Tuesday Spot Market Price Index
X
Week of March 15, 1976
TABLE OF CONTENTS-Continued
FORD i LIBRARY GERALD
SERIES
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
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 Consumer 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
Part 11-Indicators 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
Part 12 - Transportation
A.12.1 Commodity Transportation
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 Growth
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 March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
FORD is LIBRARY GERALD
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
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 Morbidity
- Communicable Diseases
X
- Acute Illness
X
B.3.3 Disability
- Days of Disability by Type
X
- Institutionalized Population
X
- Disability by Degree of Limitation and Cause
X
- Short-Term Disability
X
B.3.4 Health Status
- Nutrition
Dietary Intake
Clinical Measurements
- Obesity
X X X
- Drugs
Drug Deaths
X
Drug Abuse Episodes
X
Liquor Consumption
X
- Smoking
X
- Physical Fitness
X
- Perceived Health Status
X
Week of March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
LIBRARY GERALD R. FORD
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
SECTION B-General Social Indicators (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
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 Enrollment
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
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 March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
SECTION B-General Social Indicators (Continued)
B.5.3 Working Conditions
- Regular and Overtime Hours, Selected Characteristics
X
- Work Injuries by Occupation
X
- Transportation to Work-Time, Distance, and Mode
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-Income, Consumption, and Wealth
B.6.1 Income Levels
- Median Family Income
- Composition of Family Income
- Per Capita Income
X X X
B.6.2 Distribution of Income
- Age, 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/Income Ratio
X
B.6.7 Consumer Attitudes
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 March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
SECTION B-Socioeconomic Series (Continued)
B.7.2 Home Tenure
- Single Family Dwellings
X
- Mobile Homes
X
- Condominiums and Other Multiunit Structures
X
- Vacation Homes
X
B.7.3 Cost and Expenditures
- Average Mortgage Payments
X
- Upkeep and Maintenance
X
- Average Rental Payments
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
Week of March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
GERALD
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
SECTION C-Government Activity
Part 1-Social Welfare and Security
C.1.1 Social Security (OASDHI)
- Current Beneficiaries
X
- New Beneficiaries
X
- Average Payment
X
C.1.2 Old Age Assistance
- Benefits 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
- Benefits
X
C.1.5 Unemployment Insurance Coverage
- Benefits Paid
X
- Recipients
X
C.1.6 Housing Assistance
- Recipients
X
- Benefits
X
C.1.7 Food Stamps
- Recipients
X
- Benefits
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 March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
GERALD
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
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
D.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 Species (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
- Government
X
D.2.3 Science Achievement in Schools
- Secondary Schools
X
- Higher Education
X
1 Week of March 15, 1976
TABLE OF CONTENTS-Continued
SERIES
WEEKLY
MONTHLY
QUARTERLY
ANNUAL
OTHER
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, Museums, etc.
X
SECTION E-Selected Subjects
A.1.5 - Expenditures for New Plant and Equipment
Seasonally Adjusted Annual Rate
4 TH Q
CHANGE
CHANGE
1975 LAST PER. YEAR AGO
GERALD LIBRARY FORD R.
ALL INDUSTRIES
$111.8
-0.3%
-3.8%
NONMANUFACTURING
$65.0
0.3%
-4.6%
BILLIONS
MANUFACTURING
$46.8
-1.2%
-2.6%
BILLIONS
OF DOLLARS
OF DOLLARS
125
125
115
115
105
Actual
Expected
105
Expenditures
Expenditures
95
95
85
85
75
75
65
65
55
55
45
45
35
35
25
25
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF ECONOMIC ANALYSIS
15 MARCH 1976
FORD & LIBRARY 938470
A modest decline in actual Capital Spending in current dollars continued
into the fourth quarter of 1975.
Actual fourth quarter 1975 Capital Spending of $111.8 billion
was considerably below the anticipated fourth quarter expendi-
ture of $114.8 billion predicted by the previous survey.
Consequently, total annual expenditure of $112.8 billion for
new Plant and Equipment in 1975 was only 0.3 percent above
1974, the smallest rise since 1961.
Capital Spending is slated to increase 6.5 percent in 1976 to an annual
rate of $120.1 billion.
Manufacturing industries investment will rise 8 percent to
$51.8 billion, while Nonmanufacturing industries expect a 5-
percent increase to $68.2 billion.
The expected 1976 boost in Capital Spending will not outrun the pro-
jected pace of inflation.
However, the predicted 1976 decline of 3 or 4 percent in real
dollars will be a significant improvement over the indicated
1975 decline of 10 percent.
A.1.5 - Plant and Equipment Expenditures
Components of Manufacturing Industries
1974 Actual
1975 Actual
FORD is LIBRARY GERALD
1976 Expected
$22.62
Durable Goods
$21.84
$22.93
$7.39
Machinery
Industries
$6.81
$7.62
$4.95
Primary
Metals
$5.99
$5.73
$23.39
Nondurable
Goods
$26.11
$28.92
$8.00
Petroleum
$10.51
$11.63
$3.25
Foods
$3.26
$3.92
0
5
10
15
20
25
30
Billions of Dollars
Source: Bureau of Economic Analysis
15 March 1976
A.1.5 - Plant and Equipment Expenditures
Components of Nonmanufacturing Industries
1974 Actual
1975 Actual
1976 Expected
FORD & LIBRARY CERALD
$3.18
Mining
$3.79
$3.88
$6.66
Transportation
$7.57
$6.23
$20.55
Public
Utilities
$20.14
$23.24
0
5
10
15
20
25
30
Billions of Dollars
Source: Bureau of Economic Analysis
15 March 1976
By the end of 1976, investment in Nondurable Goods is expected to
increase 10.8 percent over the 1975 level.
The largest investment increases will be recorded in petroleum
and in the food industry.
Durable Goods investments are expected to increase only 5.0 percent
over the 1975 level.
A slight decline in Primary Metals is projected to be more than
offset by a nearly 12-percent increase in the Machinery
industries.
A $3.1 billion projected increase for public utilities accounts for
over 90 percent of the total 1976 projected increase in !lonmanufacturing
industries.
Transportation is slated to drop 17.7 percent, with substantial
declines reported for all sectors.
In 1975, the major increases were recorded in Transportation and Mining.
A.3.1 - Average Workweek
FORD LIBRARY & GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
MANUFACTURING
40.3
-0.5%
3.9%
CONSTRUCTION
37.9
0.5%
3.0%
AVERAGE
PRIVATE NONAGRICULTURAL
36.5
-0.3%
1.1%
AVERAGE
WEEKLY HOURS
WEEKLY HOURS
42
42
41
41
40
40
39
39
38
38
37
37
36
36
35
35
34
34
1971
1972
1973
1974
1975
1976
Components of Manufacturing
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
DURABLE MANUFACTURING
40.6
-0.7%
2.3%
AVERAGE
NONDURABLE MANUFACTURING
39.7
-0.5%
5.6%
AVERAGE
WEEKLY HOURS
WEEKLY HOURS
42
42
41
41
40
40
39
39
38
38
37
37
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF LABOR STATISTICS
A.3.1 - Average Overtime in Manufacturing
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
FORD i LIBRARY GERALD
FACTORY OVERTIME
3.0
0.0%
25.0%
HOURS
HOURS
4.0
4.0
3.5
3.5
3.0
3.0
2.5
2.5
2.0
2.0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF LABOR STATISTICS
15 MARCH 1976
The Average Workweek for all production or nonsupervisory workers on
Private Nonfarm Payrolls suffered its first setback since September
1975.
Down 0.1 hour in February.
All component industries rose except Manufacturing.
Contract Construction posted the largest gain, up 0.2
hour.
The Manufacturing Workweek was the key factor in the decline,
dropping 0.2 hour to 40.3 hours.
Both Durable and Nondurable Manufacturing declined, down
0.3 hour and 0.2 hour, respectively.
Factory Overtime was reported at 3.0 hours for the third
consecutive month.
A.3.2 - Average Hourly Earnings of Production Workers
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
FORD & LIBRARY GERALD
CONTRACT CONSTRUCTION
$7.46
-0.3%
6.9%
MANUFACTURING
$5.02
0.4%
7.3%
PRIVATE NONAGRICULTURAL
-
$4.75
0.4%
7.2%
FINANCE, REAL ESTATE, EINSURANCE
$4.35
2.4%
8.2%
DOLLARS
DOLLARS
8.00
8.00
7.50
7.50
7.00
7.00
6.50
6.50
6.00
6.00
5.50
5.50
5.00
5.00
4.50
4.50
4.00
4.00
3.50
3.50
3.00
3.00
2.50
2.50
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF LABOR STATISTICS
15 MARCH 1976
FORD & 038470 LIBRARY
Average Hourly Earnings of production or nonsupervisory workers posted
a 2-cent gain in February.
All component industries contributed to the increase except
Contract Construction, which declined 2 cents.
First decline since last July.
Finance, Real Estate, and Insurance led the increase, rising
10 cents.
Largest monthly gain on record.
Manufacturing edged up 2 cents.
A.4.2 - Weekly Production of Raw Steel
FORD & LIBRARY GERALO
Not Seasonally Adjusted
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
THOUSANDS
PRODUCTION OF RAW STEEL
2,468
0.4%
-11.4%
THOUSANDS
OF TONS
OF TONS
3250
3250
3000
3000
2750
2750
2500
2500
2250
2250
2000
2000
1750
1750
1500
1500
1250
1250
1000
1000
750
750
1971
1972
1973
1974
1975
1976
SOURCE: AMERICAN IRON AND STEEL INSTITUTE
15 MARCH 1976
FORD & LIBRARY GERALD
Production of Raw Steel edged up in the week ended March 6.
Up only 0.4 percent compared to a 2.2-percent increase the
previous week.
Fourth consecutive rise to the highest level since last April.
Since the December 27 low of 1,827,000 tons, the upturn in
production amounts to a total gain of 35.1 percent.
However, production remains 11.4 percent below the level
recorded in the comparable week of 1975.
A.4.3 - Retail Unit Sales of New Passenger Cars
Seasonally Adjusted at Annual Rates
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
FORD is LIBRARY OTHERO
TOTAL SALES
10.2
6.3%
12.1%
SALES OF DOMESTIC CARS
8.9
6.0%
23.6%
MILLIONS
SALES OF IMPORTED CARS
1.3
8.3%
-31.6%
MILLIONS
OF UNITS
OF UNITS
14
14
13
13
12
12
11
11
10
10
9
9
8
8
7
7
6
6
5
5
4
4
3
3
2
2
1
1
0
0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF ECONOMIC ANALYSIS
15 MARCH 1976
A.4.3 - Imports as a Percent of Total New Car Sales
THIS
CHANGE
CHANGE
LIBRARY GERALD R. FORD
PERIOD
LAST PER.
YEAR AGO
IMPORTS-PERCENT OF TOTAL SALES
12.8
2.0%
-38.9%
PERCENT
PERCENT
24
24
22
22
20
20
18
18
16
16
14
14
12
12
10
10
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF ECONOMIC ANALYSIS
15 MARCH 1976
Reflecting a strong increase in Sales of Domestic Cars, Total Retail
Sales of New Passenger Cars exceeded the 10-million mark in February
(seasonally adjusted at annual rates); the first time since August
1974 when 10.8 million cars were sold.
Third consecutive monthly increase for a total gain of
17.2 percent since November.
Import Sales recovered somewhat from January's 14.3-percent
decline, increasing 8.3 percent.
During the first 2 months of 1976, Domestic Sales captured the largest
share of the total sales market in the past 5 years.
The Imports' share of Total Sales improved slightly from
January's record low of 12.5 percent.
A.4.6 - Monthly Retail Sales
February Advance
FORD & LIBRARY GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
RETAIL SALES, TOTAL
$52.34
1.6%
11.6%
TOTAL, EXCLUDING AUTOMOTIVE
$42.24
0.7%
9.7%
NONDURABLE GOODS
$35.12
0.7%
8.9%
BILLIONS
DURABLE GOODS - - -
$17.22
3.5%
17.5%
BILLIONS
OF DOLLARS
OF DOLLARS
55
55
50
50
45
45
40
40
35
35
30
30
25
25
20
20
15
15
10
10
5
5
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
FORD j LIBRARY GERALD
Advance figures indicate that Retail Sales rose 1.6 percent in February,
reaching a new high of $52.3 billion following January's 0.9-percent
dip to $51.5 billion (revised).
Spurred by a strong increase in Automotive Sales, Durable Goods recover-
ed from January's 1.4-percent slide--rising 3.5 percent to $17.2
billion.
Nondurable Goods edged up 0.7 percent reaching $35.12 billion.
A.4.6 - Monthly Retail Sales
Components of Durable Goods
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
GERALD FORD LIBRARY
AUTOMOTIVE DEALERS
$10.10
5.5%
20.0%
BLDG. M'TLS, HARDWARE,&
$3.12
2.3%
13.9%
BILLIONS
FARM EQUIPMENT DEALERS
BILLIONS
OF DOLLARS
OF DOLLARS
11
11
9
9
7
7
5
5
3
3
1
1
1971
1972
1973
1974
1975
1976
Components of Nondurable Goods
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
GROCERY STORES
$10.47
-0.8%
5.8%
DEPARTMENT STORES
$5.43
5.4%
14.6%
BILLIONS
APPAREL AND ACCES. STORES, TOTAL
$2.46
4.4%
12.3%
BILLIONS
OF DOLLARS
OF DOLLARS
12
12
10
10
8
8
6
6
4
4
2
2
0
0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
FORD in LIBRARY GERALD
The upswing in Durable Goods sales was largely attributable to a healthy
turnaround reported by Automotive Dealers.
A 5.5-percent increase boosted Automotive sales to a new high
of $10.1 billion.
Sales of Building Materials, Hardware, and Farm Equipment continued to
climb, reaching $3.12 billion; a 2.3-percent increase over January.
A 2-month hike of 5.6 percent.
An 0.8-percent dip in Grocery Store sales was offset by strong increases
in sales of other Nondurable Goods.
Department Store sales rose 5.4 percent after a 5.1-percent
slide the previous month.
Apparel and Accessory Stores posted the sharpest increase
since August 1975--a 4.4-percent rise to a new high of $2.46
billion.
A.4.7 - Sales of Merchant Wholesalers
FORD LIBRARY & GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
TOTAL SALES
$38.17
2.2%
4.1%
NONDURABLE GOODS
$21.40
0.8%
3.6%
BILLIONS
DURABLE GOODS
$16.77
4.0%
4.7%
BILLIONS
OF DOLLARS
OF DOLLARS
40
40
35
35
30
30
25
25
20
20
15
15
10
10
5
5
0
0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
A.4.7 - Sales of Merchant Wholesalers
Components of Durable Goods
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
FORD & LIBRARY GERALD
MACHINERY, EQUIPMENT, E SUPPLIES
$4.67
8.9%
0.6%
MOTOR VEHICLES, AUTOMOTIVE EQUIP. $3.12
-1.5%
22.3%
BILLIONS
ELECTRICAL GOODS
$2.34
4.8%
21.3%
BILLIONS
OF DOLLARS
OF DOLLARS
5
5
4
4
3
3
2
2
1
1
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
Preliminary data indicate that:
January Sales of Merchant Wholesalers rose for the second straight
month, 2.2 percent above December's revised level of $37.36 billion.
Still 1.7 percent below the August 1974 high of $38.83 billion.
Sales of Durable Goods increased 4 percent to a level of $16.77 billion,
5.2 percent below the high in September 1974.
Machinery, Equipment, and Supplies rose a sharp 8.9 percent to
a near-record level of $4.67 billion.
Electrical Goods recorded a new high, increasing 4.8 percent
to a level of $2.34 billion.
Motor Vehicles, Automotive Equipment declined 1.5 percent
following a 2-month rise of 13.7 percent.
Nondurable Goods edged up 0.8 percent, after declining in 3 of the
past 4 months.
A.4.7 - Inventories of Merchant Wholesalers
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
TOTAL INVENTORIES
GERALD FORD LIBRABY
$45.62
1.1%
-1.3%
DURABLE GOODS
$28.04
2.1%
-1.2%
BILLIONS
NONDURABLE GOODS
$17.58
-0.3%
-1.3%
BILLIONS
OF DOLLARS
OF DOLLARS
50
50
45
45
40
40
35
35
30
30
25
25
20
20
15
15
10
10
5
5
0
0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
A.4.7 - Inventories of Merchant Wholesalers
Components of Durable Goods
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
FORD & LIBRARY GERALD
MACHINERY, EQUIPMENT, E SUPPLIES
$8.67
2.6%
8.4%
METALS, METALVORKC EXCEPT SCRAP)
$3.93
4.4%
-6.2%
BILLIONS
BILLIONS
OF DOLLARS
OF DOLLARS
10.0
10.0
8.0
8.0
6.0
6.0
4.0
4.0
2.0
2.0
0.0
0.0
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
Inventories of Merchant Wholesalers were valued at $45.62 billion, 2
percent below the all-time high of $46.56 billion recorded in December
1974.
First increase in 3 months.
Inventories of Durable Goods rose 2.1 percent, reaching a level of
$28.04 billion, the highest level since March 1975.
Metals, Metalwork (Except Scrap) rose 4.4 percent, halting a
9-month decline totaling 18.5 percent.
Machinery, Equipment, and Supplies rose 2.6 percent to a level
of $8.67 billion, 0.5 percent below the October 1975 high.
Nondurable Goods declined for the fourth straight month, dipping 0.3
percent in January.
A.7.1 - New Housing Units Under Construction
Not Seasonally Adjusted
FORD & LIBRARY GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
TOTAL UNITS UNDER CONSTRUCTION
987
-1.8%
-12.2%
UNITS IN MULTIUNIT STRUCTURES
466
-1.6%
-27.0%
THOUSANDS
SINGLE FAMILY HOUSING UNIT
521
-2.0%
7.4%
THOUSANDS
OF UNITS
OF UNITS
2100
2100
1800
1800
1500
1500
1200
1200
900
900
600
600
300
300
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
A.7.1 - New Housing Units Under Construction, by Region
Not Seasonally Adjusted
January,1975
Thousands
January,1976
of Units
600
508
BERALD FORD LIBRARY
500
423
400
300
235
224
189
192
200
190
151
100
0
Northeast
North
South
West
Central
Source: Bureau of the Census
15 March 1976
Units Under Construction declined for the third consecutive month,
down 1.8 percent in January.
Dipped below the 1,000,000 mark for the first time since
March 1971.
The 18,000-unit decline was evenly distributed among Single
Family Units and Units in Multiunit Structures.
Over the past year, Housing Units Under Construction declined in all
regions.
The Southern region led the decline, off 85,000 units from
January 1975.
A.7.1 - New Housing Units Completed
Seasonally Adjusted Annual Rates
FORD & LIBRARY GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
TOTAL UNITS COMPLETED
1,176
-10.4%
-24.0%
SINGLE FAMILY HOUSING UNITS
903
-8.1%
-5.8%
THOUSANDS
UNITS IN MULTIUNIT STRUCTURES
273
-17.3%
-53.6%
THOUSANDS
OF UNITS
OF UNITS
2250
2250
2000
2000
1750
1750
1500
1500
1250
1250
1000
1000
750
750
500
500
250
250
1971
1972
1973
1974
1975
1976
SOURCE: BUREAU OF THE CENSUS
15 MARCH 1976
A.7.1 - New Housing Units Completed, by Region
Not Seasonally Adjusted
1974
Thousands
1975
of Units
800
738
LIBRARY GERALD R. FORD
600
522
400
369
359
308
285
226
200
181
0
Northeast
North
South
West
Central
Source: Bureau of the Census
15 March 1976
Housing Units Completed declined sharply in February, dropping 10.4
percent to a seasonally adjusted annual rate of 1,176,000 units.
At 903,000, Single Unit Completions were 80,000 less than
December.
Multiunit Structures declined a further 17.1 percent to 273,000,
the lowest level since the survey began in 1968.
The Total Number of Housing Units Completed in 1975 was 1,295,500, down
considerably from the 1,691,700 completions in 1974.
By dropping from 738,000 to 522,000 Completions, the South
accounted for 55 percent of the total decline.
A.10.1 - Money Stock Measures
LIBRARY GERALD ? FORD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
M5=M3+LARGE NEGOTIABLE
$1,191
0.8%
9.7%
CERTIFICATES OF DEPOSIT
M3=M2+DEP0SITS OF NONBANK
$1,116
1.2%
12.2%
THRIFT INSTITUTIONS
M2=M1+TIME DEPOSITS AT
$677
1.2%
9.5%
BILLIONS
COMM'L BANKS EXCL. LARGE CD'S
BILLIONS
OF DOLLARS
M1=CURRENCY, PLUS
$297
0.6%
5.4%
OF DOLLARS
1200
DEMAND DEPOSITS
1200
1100
1100
1000
1000
900
900
800
800
700
700
600
600
500
500
400
400
300
300
200
200
100
100
0
0
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
FORD is LIBRARY GERALD
All measures of the Money Stock showed substantial growth during
February.
M2 and M3 posted the largest monthly increases since the steep
upswing of early summer, 1975.
For the 3 months ended in February, Money Stock growth was roughly
comparable with the previous 3-month period as two of the measures
increased while the other two decreased.
Seasonally Adjusted Annual Rates (Percent)
August-November
November-February
M1
3.4
1.6
M2
6.8
9.3
M3
9.6
10.9
M5
10.0
8.0
A.10.1 - Percent Change in Money Supply
PERCENT
Seasonally Adjusted Annual Rates
PERCENT
ANNUAL RATES
ANNUAL RATES
20
20
15
M5
9.7%
15
10
10
5
5
0
0
-5
-5
-10
-10
20
20
M3
14.5%
15
15
10
10
5
5
0
0
-5
-5
-10
-10
20
20
M2
14.4%
BERALD R. FORD 10 15
15
10
5
5
0
0
-5
-5
-10
-10
20
20
M1
6.5%
15
15
10
10
5
5
0
0
-5
-5
-10
-10
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
LIBRARY GERALD R. FORD
All Money Stock measures posted large dollar advances in February.
M1, the total of private checking account deposits plus
currency in circulation, posted the largest increase since
November, up $1.6 billion compared to a $0.3 billion rise in
January.
M2, the more inclusive total of currency in circulation and all
private bank deposits except large denomination certificates,
rose $8.0 billion compared to a $5.7 billion gain the previous
month.
M3, which is comprised of M2 plus all private deposits at
thrift institutions; i.e., mutual savings banks, savings and
loan institutions, and credit unions, posted a $13.3 billion
gain following the $10.5 billion rise in January.
M5, the comprehensive total of M3 and large denomination bank
certificates, posted the largest advance in 3 months, up $9.5
billion.
A.10.3 - Net Change in Consumer Installment
FORD & LIBRARY GERALD
Credit Outstanding
THIS
CHANGE
CHANGE
PERIOD LAST PER. YEAR AGO
BILLIONS
TOTAL INSTALLMENT CREDIT
$1.29
N/A
N/A
BILLIONS
OF DOLLARS
OF DOLLARS
2.5
2.5
2.0
2.0
1.5
1.5
1.0
1.0
0.5
0.5
0.0
0.0
-0.5
-0.5
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
A.10.3 - Net Change in Consumer Installment
Credit Outstanding
By Credit Type
THIS
CHANGE
CHANGE
FORD & LIBRARY GERALD
PERIOD
LAST PER.
YEAR AGO
AUTOMOBILE
$.488
N/A
N/A
OTHER CONSUMER GOODS
$.625
N/A
N/A
BILLIONS
AND PERSONAL LOANS
BILLIONS
OF DOLLARS
OF DOLLARS
1.00
1.00
0.75
0.75
0.50
0.50
0.25
0.25
0.00
0.00
-0.25
-0.25
-0.50
-0.50
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
The $1.29 billion rise in Consumer Installment Credit Outstanding, an
acceleration of December's $894 million increase, was the largest
increase since the $1.48 billion increase of August 1974.
Among major credit types, Automobile Credit gained $488 million in
January--less than the $54.0 million registered in December, but above
all other months since September 1973.
Credit Outstanding for Other Consumer Goods and Personal Loans
was extremely active, with the increase of $625 million exceed-
ing all other gains since the summer of 1974.
A.10.3 - Consumer Installment Credit
Extensions and Liquidations
FORD & LIBRARY GERALD
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
TOTAL INSTALLMENT CREDIT
$16.21
6.0%
26.1%
EXTENDED
TOTAL INSTALLMENT CREDIT
$14.91
3.5%
12.3%
BILLIONS
LIQUIDATED
BILLIONS
OF DOLLARS
OF DOLLARS
17
17
16
16
15
15
14
14
Net change in consumer
13
installment credit
13
outstanding
12
12
11
11
10
10
9
9
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
A.10.3 - Consumer Installment Credit
GERALD FORD LIBRARY
Components of Extensions
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
OTHER CONSUMER GOODS
$8.71
8.2%
24.6%
AND PERSONAL LOANS
BILLIONS
AUTOMOBILE
$4.51
2.4%
35.3%
BILLIONS
OF DOLLARS
OF DOLLARS
9
9
8
8
7
7
6
6
5
5
4
4
3
3
2
2
1971
1972
1973
1974
1975
1976
SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
15 MARCH 1976
A 6-percent increase in Extensions of Credit exceeded the 3.5-percent
increase in Liquidations, resulting in a $1.29 billion rise in Install-
ment Credit Outstanding in January.
Extensions advanced for the eighth consecutive month to another new
high of $16.21 billion.
Extensions of Other Consumer Goods and Personal Loans surged
8.2 percent to a high of $8.71 billion.
Automobile Credit Extensions recorded a new high of $4.51
billion, increasing 2.4 percent.
Liquidations increased 3.5 percent to a new high of $14.91 billion,
aided by a large increase in liquidations of automobile credit.
NOTE: The former term "repayments" has been replaced by the more
comprehensive term "liquidations," although no change is
reflected in the data. Data reported previously in the Consumer
Credit release as "repayments" also included debits such as
charge-offs and refunds, and thus "liquidations" is a more re-
presentative term.
A.10.4 - Standard and Poor's Stock Price Indexes
Not Seasonally Adjusted
(1941-43=10)
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
GERALD FORD LIBRARY
425 INDUSTRIALS
112.38
-1.7%
25.2%
COMPOSITE - 500 COMPANIES
99.98
-1.7%
24.3%
INDEX
INDEX
140
140
130
130
120
120
110
110
100
100
90
90
80
80
70
70
60
60
50
50
1971
1972
1973
1974
1975
1976
SOURCE: STANDARD AND POOR'S
15 MARCH 1976
A.10.4 - Standard and Poor's Stock Price Indexes
Not Seasonally Adjusted
(1941-43=10)
THIS
CHANGE
CHANGE
PERIOD
LAST PER.
YEAR AGO
GERALD FORD LIBRARY
UTILITIES
45.80
-2.0%
15.6%
RAILROADS
43.72
-0.5%
14.6%
INDEX
INDEX
70
70
60
60
50
50
40
40
30
30
20
20
1971
1972
1973
1974
1975
1976
SOURCE: STANDARD AND POOR'S
15 MARCH 1976
As of the week ended March 3:
The Standard and Poor's Composite Index of 500 Companies declined 1.7
percent from the previous week's mark of 101.69, the second highest
level in more than 2 years.
The first 9 weeks of 1976 were characterized by an overall gain
of 10.9 percent.
Still remains 16.4 percent below the record high of 119.57
posted in January 1973.
425 Industrials-- the dominant component of the Composite Index--also
fell 1.7 percent from the previous week.
Utilities declined for the fourth week in a row, down a total of 5.3
percent from the February peak of 48.37 (the highest level since early
1974).
Railroads posted a modest 0.5-percent decline after attaining a 2-year
high of 43.92 the preceding week.
B.1.1 - Population of Voting Age by Regions: 1976
1976
1972
FORD & LIBRARY GERALD
48
South
44
40
North Central
38
35
Northeast
34
27
West
24
0
10
20
30
40
50
60
Millions of Persons
Source: Bureau of the Census
15 March 1976
FORD & GERALD LIBRARY
About one-third, or 48 million of the 150 million Americans who will
be old enough to vote in the November Presidential election live in the
South.
A little over one-fourth live in the North Central States, and a little
under one-fourth in the Northeast.
About one-sixth live in the West.
The total of 150 million is nearly 10 million more than the voting age
population at..the time of the 1972 Presidential election, the first in
which the voting age had been lowered to 18 in all States.
B.1.1 - Population of Voting Age: 1976
Ten Largest States
California
15.3
New York
12.9
Texas
8.5
Pennsylvania
8.4
Illinois
7.7
Ohio
7.5
FORD & GERALD LIBRARY
Florida
6.3
Michigan
6.3
New Jersey
5.2
Massachusetts
4.2
0
2
4
6
8
10
12
14
16
18
20
Millions of Persons
Source: Bureau of the Census
15 March 1976
Population of Voting Age: 1976
Ten States with Largest Numeric Increase Over 1972
California
1,325
Florida
1,084
Texas
848
Michigan
400
North
Carolina
351
Ohio
336
Virginia
326
Georgia
277
Arizona
260
Pennsylvania
248
0
200
400
600
800
1,000
1,200
1,400
1,600
Increase in Thousands
Source: Bureau of the Census
15 March 1976
B.1.1 - Population of Voting Age: 1976
Ten States with Largest Percentage Increase Over 1972
Florida
21%
Arizona
20%
Nevada
19%
Alaska
17%
Wyoming
16%
Idaho
16%
LISAARY GERALD FORD
New Mexico
15%
Utah
12%
Hawaii
12%
Colorado
12%
0
2
4
6
8
10
12
14
10
18
20
22
24
28
Percent Increase
Source: Bureau of the Census
15 March 1976
In November 1976, four States will have voting age populations of over
8 million people. These States are: California with 15.3 million;
New York with 12.9 million; Texas with 8.5 million; and Pennsylvania
with 8.4 million.
Two States-- California and Florida--will have added more than 1 million
persons of voting age between elections; 1.3 million and 1.1 million,
respectively.
The States having the greatest percentage increases in their voting
age populations between the Presidential elections are in the South
and West. Florida's voting age population will have increased by 21
percent; Arizona's by 20 percent; and Nevada's by 19 percent.
B.1.1 - Birth Rates: 1960 to 1975
Selected Years
Rate Per
1,000 Population
26
24
23.7
FORD & LIBRARY GERALD
22
20
19.4
18.4
18
16
14.9
14.8
14
12
10
8
6
4
2
0
1960
1965
1970
1974
1975
Source: National Center for Health Statistics
15 March 1976
FORD & LIBRARY GERALD
An estimated 3,149,000 live births occurred in the United States during
1975, yielding a provisional birth rate of 14.8 births per 1,000
population.
This rate represents a 38-percent decline since 1960 and a 20-
percent decline since 1970.
Rate Per
B.2.2 - Marriage Rates: 1960 to 1975
1,000 Population
16
Selected Years
14
12
FORD & LIBRARY GERALD
10.6
10.5
10
10.0
9.3
8.5
8
6
4
2
0
1960
1965
1970
1974
1975
Source: National Center for Health Statistics
15 March 1976
Rate Per
Divorce Rates: 1960 to 1975
1,000 Population
6
Selected Years
5
4.8
4.6
4
3.5
3
2.5
2.2
2
1
0
1960
1965
1970
1974
1975
Source: National Center for Health Statistics
15 March 1976
FORD & LIBRARY GERALD
In 1975 both the number and the rate of marriages in the United States
declined for the second consecutive year.
The estimated number of marriages in the United States in 1975
was 2,126,000.
The provisional marriage rate for 1975 was 10.0 per 1,000
population, down from 10.5 in 1974 and lower than for any year
since 1967.
In 1975 the total number of divorces granted in the United States
exceeded 1 million (1,026,000) for the first time.
The provisional divorce rate was 4.8 per 1,000 population, the
highest divorce rate on record for the United States.
The divorce rate has more than doubled since 1960.
B.3.1 - Death Rates: 1960 to 1975
Rate Per
Selected Years
1,000 Population
12
GERALD R. LIBRARY FORD
10
9.5
9.4
9.5
9.2
9.0
8
6
4
2
0
1960
1965
1970
1974
1975
Source: National Center for Health Statistics
15 March 1976
Rate Per
Infant Mortality Rates: 1960 to 1975
1,000 Live Births
30
Selected Years
26.0
24.7
25
20.0
20
16.7
16.1
15
10
5
0
1960
1965
1970
1974
1975
Source: National Center for Health Statistics
15 March 1976
"20 R. FORD LIBRARY
There were an estimated 1,910,000 deaths recorded in 1975, giving a
rate of 9.0 deaths per 1,000 population.
This provisional rate was the lowest ever recorded for an entire
year for the United States.
The rate was 2 percent lower than the previous all-time
low final rate of 9.2 in 1974.
The record-low estimated death rate for 1975 primarily reflects
the continuing downturn in mortality for diseases of the heart
and cerebrovascular diseases.
During 1975 there were approximately 50,700 infant deaths, resulting
in an infant mortality rate of 16.1 per 1,000 live births.
This annual provisional rate was the lowest. ever recorded for
the United States.
Represents a decrease of 3.6 percent from the previous all-time
low rate of 16.7 in 1974, and a decrease of 38 percent from
1960.
B.4.3 - Public School Enrollment: Fall 1971 to 1975
Secondary Schools
FORD is LIBRARY GERALD
Millions of
Elementary Schools
Pupils
50
46.1
45.7
45.4
45.1
44.8
45
40
35
30
25
20
15
10
5
0
1971
1972
1973
1974
1975
B.4.4 - Pupil-Teacher Ratio: Fall 1971 to 1975
Ratio
25
22.3
21.8
21.3
20.8
20.4
20
FORD is LIBRARY 03RALD
15
10
5
0
1971
1972
1973
1974
1975
2.06
2.10
2.13
2.17
2.19
Classroom Teachers (Millions)
Source: National Center for Education Statistics
15 March 1976
Enrollment in elementary and secondary public schools has dropped for
the fourth consecutive year.
The decrease of 237,000 pupils, or 0.5 percent, from the fall
of 1974 continues a decline begun in 1972; the first decline
since the 1943-44 school year.
The 2.0-percent increase in secondary school enrollment between
1971 and 1975 was more than offset by a 5.9-percent decrease in
elementary school enrollment, resulting in an overall drop of
2.7 percent for that period.
While the number of students has been decreasing, the number of class-
room teachers has been increasing; resulting in a decreasing ratio of
pupils to teachers.
The total number of classroom teachers expressed in full-time
equivalent positions was 2.19 million, a gain of 1.3 percent
over 1974.
The number of pupils per teacher has declined from 22.3 to 20.4
between the fall of 1971 and 1975.
B.4.5 - Estimated Expenditures for Public School Systems: 1975 - 76
By Major Purpose
Total Expenditure $66,829 Million
Interest on debts
$1,953
Summer school
2.9 %
comm.services
$1,720
2.6 %
Capital outlay
$5,954
8.9 %
Admin.
FORD & LIBRARY QERALD
$2,672
4.0 %
Other
current expenses
$10,091
15.1 %
Plant operation
and maintenance
Instruction
$6,215
$38,224
9.3 %
57.2 %
B.4.5 - Current Expenditures of Public School Systems
Per Pupil in Average Daily Attendance: 1972 to 1976
DOLLARS
DOLLARS
1450
1450
$1,409
1350
1350
1250
1250
1150
1150
CURRENT DOLLARS
1050
1050
$1,029
1971-1972 DOLLARS
950
950
1971-
1972-
1973-
1974.
1975-
1972
1973
1974
1975
1976
SOURCE: NATIONAL CENTER FOR EDUCATION STATISTICS
FORD & LIBRARY
National Center for Education Statistics estimates indicate that Total
Current Dollar expenditures by public schools for 1975-76 will exceed
$66.8 billion.
Approximately $58.9 billion, 88 percent of the total, are
expected to be spent on current programs.
Largest portion of the current expense, 57.2 percent will
be spent for instructional purposes, primarily teacher's
salaries.
Approximately 4 percent for administration.
Capital outlay will account for nearly 9 percent of 1975-76
school expenditures.
The remaining 3 percent of total expenses will be paid as
interest on debts.
Expenditure per pupil in average daily attendance is expected to reach
$1,409 in 1975-76, a 42.4-percent increase over the $990 per pupil
cost reported for 1971-72.
Despite this sharp surge in current dollar expenditure from 1971
through 1976, expenditures in constant dollars during the same
period have remained virtually unchanged.
Predicted increase for 1975-76 less than 4 percent over
1971-72.