ECONOMIC & ENERGY INDICATORS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85T01184R000100130001-1
Release Decision: 
RIFPUB
Original Classification: 
U
Document Page Count: 
14
Document Creation Date: 
December 22, 2016
Document Release Date: 
August 2, 2010
Sequence Number: 
1
Case Number: 
Publication Date: 
March 2, 1984
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP85T01184R000100130001-1.pdf367.27 KB
Body: 
Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Directorate of Intelligence Economic & Energy Indicators DI EE/ 84-005 2 March 1984 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 This publication is prepared for the use of US Government officials, and the format, coverage, and content are designed to meet their specific requirements. US Government officials may obtain additional copies of this document directly or through liaison channels from the Central Intelligence Agency. Requesters outside the US Government may obtain subscriptions to CIA publications similar to this one by addressing inquiries to: Document Expediting (DOCEX) Project Exchange and Gift Division Library of Congress Washington, D.C. 20540 or: National Technical Information Service 5285 Port Royal Road Springfield, VA 22161 Requesters outside the US Government not interested in subscription service may purchase specific publications either in paper copy or microform from: Photoduplication Service Library of Congress Washington, D.C. 20540 or: National Technical Information Service 5285 Port Royal Road Springfield, VA 22161 (To expedite service call the NTIS Order Desk (703) 487-4650 Comments and queries on this paper may be directed to the DOCEX Project at the above address or by phone (202-287-9527), or the NTIS Office of Customer Services at the above address or by phone (703-487-4660). Publications are not available to the public from the Central Intelligence Agency. Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85T01184R000100130001-1 Economic & Energy Indicators Economic Industrial Production Gross National Product Consumer Prices Money Supply Unemployment Rate Foreign Trade Current Account Balance Export Prices in US $ Import Prices in US $ Exchange Rate Trends Money Market Rates Agricultural Prices Industrial Materials Prices Energy World Crude Oil Production, Excluding Natural Gas Liquids 8 Big Seven: Inland Oil Consumption 9 Big Seven: Crude Oil Imports 9 OPEC: Crude Oil Official Sales Price 10 OPEC: Average Crude Oil Official Sales Price (Chart) 11 Approved For Release 2010/08/02 : CIA-RDP85T01184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) United States 2.6 -8.1 6.5 Japan 1.0 0.4 3.5 West Germany -2.7 -3.1 France -2.6 -1.5 1.4 United Kingdom -5.1 1.5 2.5 Italy -2.4 -2.2 -4.8 Canada 0.9 -10.7 6.0 1st Qtr 2d Qtr 3d Qtr 4th Qtr Dec Jan 9.9 18.4 21.8 10.6 7.2 13.9 3.6 6.5 14.0 10.3 6.8 4.4 6.0 4.9 1.0 4.2 3.1 -8.7 5.3 0.5 5.7 4.4 7.3 -2.0 -10.4 -4.9 17.6 -42.2 22.1 13.1 18.5 13.8 13.0 Percent Change From Previous Period (Constant Market Prices; Seasonally Adjusted at an Annual Rate) United States 2.6 -1.9 3.3 Japan 3.9 2.9 West Germany -0.2 -1.1 1.3 France 0.2 1.7 United Kingdom -2.2 1.4 Italy 0.1 -0.3 Canada 3.4 -4.4 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) 1st Qtr 2d Qtr 3d Qtr 4th Qtr 2.6 9.7 7.6 4.8 0.7 4.4 6.2 2.5 4.3 0.6 5.3 -1.0 2.0 -1.7 5.9 -7.3 2.5 2.5 -6.6 3.7 6.6 7.6 8.3 United States 10.3 6.2 3.2 Japan 4.9 2.6 1.8 West Germany 6.0 5.3 3.0 France 13.3 12.0 9.5 United Kingdom 11.9 8.6 4.6 Italy 19.3 16.4 14.9 Canada 12.5 10.8 5.8 1st Qtr 2d Qtr 3d Qtr 4th Qtr Jan -0.4 4.3 4.2 4.4 7.8 0.6 1.6 0.5 3.8 0.5 1.6 5.0 3.0 2.3 11.0 10.4 9.3 8.6 6.7 3.6 2.2 8.2 6.0 1.8 13.4 14.4 12.6 11.1 11.6 3.0 4.6 6.2 4.2 8.0 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Money Supply, M-1 Percent Change From Previous Period (Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate) United States a 7.1 6.5 11.0 Japan 3.7 7.1 3.0 West Germany 1.2 3.6 10.3 France 12.6 13.9 United Kingdom NA NA 13.2 Italy 11.2 11.6 Canada 4.0 1.0 10.1 Unemployment Rate Percent (Seasonally adjusted) United States 7.5 9.6 9.4 Japan 2.2 2.4 2.7 West Germany 5.6 7.7 9.2 France 7.6 8.4 8.5 United Kingdom 10.0 11.7 12.4 Italy 8.4 9.1 9.9 Canada 7.6 11.1 11.9 1st Qtr 2d Qtr 3d Qtr 4th Qtr Jan 13.4 12.1 9.8 4.9 11.0 -0.6 1.0 10.1 -9.1 18.3 11.1 7.7 0.9 8.9 6.9 11.8 10.4 9.8 16.5 8.3 10.4 -3.0 11.2 6.7 23.8 20.1 11.1 11.9 2.4 5.9 1st Qtr 2d Qtr 3d Qtr 4th Qtr Jan 10.2 9.9 9.2 8.4 7.9 2.7 2.7 2.7 2.6 8.8 9.5 9.6 9.0 8.5 8.4 8.4 8.6 8.6 8.7 12.5 12.5 12.4 12.3 12.4 9.8 9.9 9.7 10.2 12.5 12.3 11.6 11.1 11.2 a Unemployment rates for France are estimated. For comparison with the US rate, the rates for France and the United Kingdom should be increased by 5 percent and 15 percent respectively. Italian rates should be decreased by 50 percent; the rates for Japan, Canada, and West Germany are comparable to US rates. Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184ROOO1OO13OOO1-1 Billion US S, f.o.b. (Seasonally Adjusted) United States a Exports 233.5 212.3 200.7 50.5 48.6 50.6 51.0 Imports 261.0 244.0 258.2 58.6 62.3 66.9 70.4 Balance -27.5 -31.6 -57.4 -8.1 -13.7 -16.3 -19.4 Japan Exports 149.5 138.3 145.5 35.5 35.5 36.2 38.5 Imports 129.5 119.8 113.9 28.5 27.6 27.9 29.8 Balance 20.1 18.4 31.6 7.0 7.9 8.3 8.7 West Germany Exports 175.3 176.4 169.5 43.6 43.1 41.5 41.4 14.1 Imports b 163.4 155.3 152.9 38.1 38.9 37.7 38.3 12.7 Balance 11.9 21.1 16.5 5.5 4.2 3.8 3.1 1.5 France Exports 106.3 96.4 95.1 23.9 23.4 23.3 24.4 8.0 Imports 115.6 110.5 101.0 27.3 25.1 23.7 24.6 8.8 Balance -9.3 -14.0 -5.9 -3.5 -1.7 -0.4 - 0.2 -0.8 United Kingdom Exports 102.5 97.0 91.9 22.6 22.8 22.4 24.0 Imports 96.1 93.5 93.4 22.9 23.8 23.0 23.8 Balance 6.4 3.6 -1.6 -0.3 -1.0 -0.6 0.2 Italy Exports 75.4 74.2 72.8 18.9 18.2 17.8 18.4 Imports 91.4 87.0 80.8 21.9 19.6 20.3 19.2 Balance -15.9 -12.8 -7.9 -3.0 -1.4 -2.5 -0.8 Canada Exports 70.5 68.6 74.1 16.9 18.4 18.6 20.1 Imports 64.3 53.7 59.4 13.6 14.1 15.3 16.4 Balance 6.2 14.8 14.6 3.3 4.3 3.3 3.7 a Imports are customs values. b Imports are c.i.f. United States 4.6 -11.2 Japan 4.8 6.9 21.0 West Germany -6.8 3.4 3.3 France -5.5 -12.1 1st Qtr 2d Qtr 3d Qtr Oct Nov Dec -3.6 -9.7 -12.0 1.4 6.3 6.9 2.3 0.9 3.3 1.7 0.8 -2.7 1.2 0.3 2.0 -4.0 -1.0 0.3 a Converted to US dollars at current market rates of exchange. b Seasonally adjusted. Approved For Release 2010/08/02 : CIA-RDP85TO1184ROOO1OO13OOO1-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 United States 9.2 1.5 Japan 5.5 -6.4 West Germany -15.2 -3.0 France -12.0 -5.5 United Kingdom NA -7.3 Italy -7.8 -3.3 Canada 3.9 -2.3 1st Qtr 2d Qtr 3d Qtr Oct Nov Dec 2.8 2.1 4.2 4.6 0.6 -7.2 10.6 -7.2 -5.8 34.9 -6.6 18.6 14.0 -10.8 13.6 -16.6 -14.8 45.1 -16.9 -12.3 -14.0 15.7 -2.3 -14.6 -6.7 16.9 3.3 -12.1 6.8 14.4 -28.9 12.9 1st Qtr 2d Qtr 3d Qtr Oct Nov Dec United States 5.3 -2.0 -12.4 -3.5 5.3 -4.0 2.4 1.2 Japan 3.6 -7.3 -4.1 -18.4 0.5 4.5 -15.4 20.1 West Germany -8.3 -5.4 -3.1 -13.4 France -7.8 -7.2 4.1 -19.4 -14.5 22.5 -22.9 -5.3 United Kingdom NA -6.1 -11.0 7.2 Italy 1.1 -7.3 2.2 -31.1 -1.3 127.1 Canada 8.7 -1.1 -1.3 -12.3 6.4 24.6 -20.1 10.3 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Trade-Weighted United States 10.5 10.6 5.8 Japan 9.3 -5.7 10.4 West Germany -2.1 7.0 5.8 United Kingdom 2.5 -2.1 -5.0 Italy -9.2 -5.1 -1.6 Canada 0.3 0.2 2.3 Dollar Cost of Foreign Currency Japan 2.7 -12.8 4.5 3.4 West Germany -24.6 -7.2 -5.2 -28.3 France -28.7 -20.8 -15.9 -30.4 United Kingdom -13.2 -13.4 -13.3 -19.1 Italy -32.8 -18.8 -12.3 -30.0 Canada -2.5 -2.9 0.1 -2.0 United States 90-day certificates of deposit, secondary market 16.24 12.49 8.65 8.67 Japan loans and discounts (2 months) 7.79 7.23 West Germany interbank loans (3 months) France interbank money market (3 months) 15.47 14.68 12.61 12.74 United Kingdom sterling interbank loans (3 months) 13.85 12.24 10.94 11.16 10.28 Italy Milan interbank loans (3 months) 20.13 20.15 18.96 19.16 Canada finance paper (3 months) 18.46 14.48 Eurodollars 3-month deposits Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Agricultural Prices Australia 125.9 113.5 108.7 110.7 109.2 112.9 111.8 NA NA (Boneless beef, f.o.b., US Ports) United States 104.3 100.0 101.4 97.6 96.7 104.9 95.5 93.2 104.7 (Wholesale steer beef, midwest markets) Cocoa (d per pound) Coffee (S per pound) Corn (Central Illinois No. 2 yellow, $ per bushel) Cotton (Memphis middling I 1/ 16 inch, S per pound) 0.8219 0.7243 0.6073 0.6873 0.6311 0.6755 0.7163 0.7263 0.6997 Palm Oil (United Kingdom 5% bulk, c.i.f., $ per metric ton) 583.08 570.67 445 502 372 415 543 677 NA Rice (New Orleans No. 2, milled f.o.b., S per metric ton) 496 565 367 379 368 375 386 386 NA Soybeans (Central Illinois No. 1 yellow, S per bushel) 6.95 6.98 5.86 6.90 5.71 6.06 7.80 8.01 7.46 Soybean Oil (S per pound) 0.2375 0.2129 0.1837 0.2351 0.1711 0.1953 0.2873 0.2867 0.2832 Sugar (World raw London, bulk `per pound) Wheat (Kansas City No. 2 hard winter, S per bushel) 4.33 4.36 4.00 3.94 4.07 4.05 3.82 3.83 3.80 Food Index a 232 203 167 184 164 178 194 200 202 (1975-100) a The food index is compiled by The Economist for 16 food commodities which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184ROOO1OO13OOO1-1 Major US producer 71.6 77.3 76.0 77.7 76.0 76.0 77.7 81.0 81.0 LME cash 80.8 57.4 44.9 65.1 54.2 64.6 71.7 69.9 70.4 Chrome Ore 55.0 53.0 50.9 50.0 50.0 50.0 50.0 50.0 50.0 50.0 (South Africa chemical grade, $ per metric ton) Copper a (bar, S per pound) Gold (S per troy ounce) Lead a (? per pound) Manganese Ore (48% Mn, S per long ton) Composite US producer 3.5 3.5 3.2 LME Cash 3.0 2.7 2.2 Platinum (S per troy ounce) Metals week, New York dealers' price 677.0 446.0 326.7 40.6 47.5 45.7 44.0 48.1 40.9 44.3 NA NA 73.8 56.8 45.4 56.2 49.8 56.8 59.2 58.8 57.6 Silver (S per troy ounce) 20.7 10.5 7.9 11.4 12.3 12.1 12.0 9.30 8.2 Steel Scrap d (S per long ton) 91.2 92.0 63.1 Tina 761.3 641.4 581.6 (Q per pound) Tungsten Ore (contained metal, S per metric ton) US Steel (composite, S per long ton) Zinc a (0 per pound) Lumber Index a 167 159 140 (1975-100) Industrial Materials Index t 184 166 142 (1975-100) a Approximates world market price frequently used by major world producers and traders, although only small quantities of these metals are actually traded on the LME. b S-type styrene, US export price. c Quoted on New York market. d Average of No. 1 heavy melting steel scrap and No. 2 bundles delivered to consumers at Pittsburgh, Philadelphia, and Chicago. e This index is compiled by using the average of I 1 types of lenuber whose prices are regarded as bellwethers of US lumber constriction costs, t The industrial materials index is compiled by The Economist for 19 raw materials which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Approved For Release 2010/08/02 : CIA-RDP85TO1184ROOO1OO13OOO1-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 World Crude Oil Production Excluding Natural Gas Liquids World 59,469 55,818 53,053 Non-Communist countries 45,244 41,593 38,803 Developed countries 12,859 13,579 13,276 United States 8,597 8,572 8,658 Canada 1,424 1,285 1,270 United Kingdom 1,619 1,811 2,094 Norway 528 501 518 Other 691 717 736 Non-OPEC LDCs 5,444 6,027 6,636 Mexico 1,937 2,312 2,749 Egypt 595 598 665 Other 2,912 3,117 3,222 OPEC 26,941 22,680 18,891 Algeria 1,020 803 701 Ecuador 204 211 211 Gabon 175 151 154 Indonesia 1,576 1,604 1,314 Iran 1,662 1,381 2,282 Iraq 2,514 993 972 Kuwait b 1,389 947 663 Libya 1,830 1,137 1,183 Neutral Zone c 544 370 317 Nigeria 2,058 1,445 1,298 Qatar 471 405 328 Saudi Arabia b 9,631 9,625 6,327 UAE 1,702 1,500 1,248 Venezuela 2,165 2,108 1,893 Communist countries 14,225 14,225 14,250 USSR 11,700 11,790 11,800 China 2,118 2,024 2,040 Other 407 411 410 1983 1st Half 3d Qtr Oct Nov Dec 50,525 54,163 54,339 54,471 36,310 39,567 39,934 40,050 13,560 13,831 14,002 14,143 8,699 8,675 8,670 8,635 8,636 1,264 1,393 1,444 1,450 1,455 2,193 2,319 2,376 2,502 2,553 601 600 639 654 668 803 844 873 902 6,724 6,902 6,943 6,957 2,660 2,724 2,659 2,729 672 704 715 690 3,392 '39474 3,569 3,538 16,026 18,834 18,989 18,950 18,707 650 700 700 700 700 207 239 250 234 250 158 160 150 150 150 1,185 1,350 1,520 1,560 1,440 2,484 2,667 2,400 2,300 2,300 850 983 1,000 1,000 1,000 761 983 1,100 1,050 1,000 1,018 1,117 1,150 1,150 1,150 340 460 406 432 450 1,133 1,410 1,290 1,247 1,308 244 291 318 460 420 4,073 5,600 5,800 5,700 5,600 1,082 1,157 1,166 1,197 1,194 1,841 1,717 1,739 1,770 1,775 14,215 14,5% 14,405 14,421 11,890 12,216 11,900 11,916 2,085 2,100 2,085 2,085 240 280 420 420 a Preliminary. b Excluding Neutral Zone production, which is shown separately. c Production is shared equally between Saudi Arabia and Kuwait. Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Big Seven: Inland Oil Consumption United States a 17,006 16,058 15,296 15,142 Japan 4,674 4,444 4,204 West Germany 2,356 2,120 2,024 France 1,965 1,744 1,632 1,532 United Kingdom 1,422 1,325 1,345 Italy b 1,602 1,705 1,618 1,590 Canada 1,730 1,617 1,454 Jul Aug Sep Oct Nov Dec Jan 14,913 15,240 15,396 14,947 15,533 16,234 17,216 3,752 3,906 4,047 3,922 1,783 1,920 2,029 2,088 2,053 1,209 1,347 1,414 1,495 1,798 1,846 1,148 1,216 1,301 1,278 1,365 1,297 1,588 1,624 1,843 1,881 1,262 1,432 1,382 1,361 a Including bunkers, refinery fuel, and losses. b Principal products only. Big Seven: Crude Oil Imports Jul Aug Sep Oct Nov Dec Jan United States 5,220 4,406 3,488 3,083 3,868 4,174 4,221 3,446 3,265 3,070 2,979 Japan 4,373 3,919 3,657 3,007 2,981 3,590 3,344 West Germany 1,953 1,591 1,451 1,313 1,248 1,421 1,153 1,346 France 2,182 1,804 1,596 1,438 1,399 1,254 1,393 1,245 United Kingdom 893 736 565 494 462 587 Italy 1,860 1,816 1,710 1,588 1,588 1,588 Canada 557 521 334 325 381 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 OPEC average b 18.67 30.87 34.50 33.63 29.31 28.78 Algeria 42? API 0.10% sulfur 19.65 37.59 39.58 35.79 31.30 30.50 Ecuador 28? API 0.93% sulfur 22.41 34.42 34.50 32.96 27.59 27.50 Gabon 29? API 1.26 % sulfur 18.20 31.09 34.83 34.00 29.82 29.00 Indonesia 350 API 0.09% sulfur 18.35 30.55 35.00 34.92 29.95 29.53 Light 34? API 1.35% sulfur 19.45 34.54 36.60 31.05 28.61 28.00 Heavy 31 ? API 1.60% sulfur 18.49 33.60 35.57 29.15 27.44 27.10 Iraq c 35? API 1.95% sulfur 18.56 30.30 36.66 34.86 30.32 29.43 Kuwait 31 ? API 2.50% sulfur 18.48 29.84 35.08 32.30 27.68 27.30 Libya 40? API 0.22% sulfur 21.16 36.07 40.08 35.69 30.91 30.40 Nigeria 34? API 0.16% sulfur 20.86 35.50 38.48 35.64 30.22 29.85 Qatar 40? API 1.17% sulfur 19.72 31.76 37.12 34.56 29.95 29.49 Berri 39? API 1.16% sulfur 19.33 30.19 34.04 34.68 29.96 29.50 Light 34? API 1.70% sulfur 17.26 28.67 32.50 34.00 29.46 29.00 Medium 31 ? API 2.40% sulfur 16.79 28.12 31.84 32.40 27.86 27.40 Heavy 27? API 2.85% sulfur 16.41 27.67 31.13 31.00 26.46 26.00 UAE 39? API 0.75% sulfur 19.81 31.57 36.42 34.74 30.38 29.56 Venezuela 26? API 1.52% sulfur 17.22 28.44 32.88 32.88 28.69 27.88 ? F.o.b. prices set by the government for direct sales and, in most cases, for the producing company buy-back oil. b Weighted by the volume of production. c Beginning in 1981 the price of Kirkuk (Mediterranean) is used in calculating the OPEC average official sales price. Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1 OPEC: Average Crude Oil Sales Price 18.67 :.1.29 11.02 11.77 12.88 1293 3.39 Approved For Release 2010/08/02 : CIA-RDP85TO1184R000100130001-1