ECONOMIC & ENERGY INDICATORS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85T01184R000100320003-8
Release Decision: 
RIPPUB
Original Classification: 
U
Document Page Count: 
15
Document Creation Date: 
December 22, 2016
Document Release Date: 
August 3, 2010
Sequence Number: 
3
Case Number: 
Publication Date: 
November 30, 1984
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP85T01184R000100320003-8.pdf559.25 KB
Body: 
Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Directorate of Intelligence Economic & Energy Indicators DI EEI 84-024 30 November 1984 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 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. Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Economic & Energy Indicators Energy 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 Page 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 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr Aug Sep United States 2.6 -8.1 6.4 11.4 8.6 6.6 1.5 -6.3 -27.1 9.3-----36.2 --- .3----- .2-- - 3.0 1.2 16.9 7.7 19.1- 14.6 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr United States 2.5 -2.1 3.7 10.1 7.1 1.9 Japan 4.1 3.3 3.1 7.6 6.7 West Germany -0.2 -1.1 1.3 5.0 -8.1 France 0.2 2.0 0.7 4.1 -2.3 United Kingdom -0.9 1.4 3.4 _ 3.4 -5.6 Italy 0.2 -0.4 -1.2 3.5 3.0 Canada 3.3 -4.4 3.3 2.8 3.0 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3rd Qtr Sep Oct United States 10.3 6.2 3.2 5.0 3.7 3.6 4.3 4.3 Japan 4.9 2.6 1.8 3.6 0.9 1.2 4.6 3.0 West Germany 6.0 5.3 3.6 2.1 1.7 0.6 1.4 8.1 France 13.3 12.0 9.5 7.2 6.3 7.3 7.1 6.5 United Kingdom 11.9 8.6 4.6 4.4 2.8 5.9 6.2 7.3 Italy 19.3 16.4 14.9 11.1 10.6 7.9 3.5 4.2 Canada 12.5 10.8 5.8 5.7 2.6 3.2 2.9 0.9 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Money Supply, M-1 a United States b 7.1 6.6 11.0 Japan 3.7 7.1 3.0 West Germany 1.1 3.6 10.3 France 12.2 13.9 10.0 United Kingdom NA NA 15.1 Italy 11.2 11.6 15.3 Canada 3.8 0.6 10.2 a Based on amounts in national currency units. b Including M1-A and M1-B. Unemployment Rate a 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 8.6 8.5 United Kingdom 10.0 11.6 12.3 Italy 8.4 9.1 9.9 Canada 7.5 11.1 11.9 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr Jul Aug Sep 7.4 6.3 -1.1 2.0 4.9 5.4 6.1 0.7 6.6 64.1 0.5 3.0 10.3 0.9 17.9 6.6 10.0 -25.5 8.2 12.5 24.5 -7.7 20.0 13.2 9.6 21.5 -8.9 4.7 1.3 -14.7 1.6 1st Qtr 2d Qtr 3rd Qtr Sep Oct 7.8 7.4 7.4 7.3 7.3 2.7 2.7 2.8 2.8 10.0 8.7 8.8 8.6 8.6 9.1 9.5 9.8 9.8 9.9 12.5 12.6 12.8 12.9 12.9 11.0 10.3 11.3 11.4 11.3 11.8 11.3 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 1st Qtr 2d Qtr 3d Qtr Aug Sep United States b Exports 233.5 212.3 200.7 53.3 53.1 55.7 18.0 18.2 Imports 261.0 244.0 258.2 79.5 79.3 87.9 26.6 29.4 Balance -27.5 -31.6 -57.5 -26.2 -26.2 -32.2 -8.5 -11.3 Japan Exports 149.6 138.3 145.5 40.4 42.5 42.3 14.1 14.0 Imports 129.5 119.7 114.1 30.4 31.7 32.2 11.5 9.8 Balance 20.1 18.6 31.5 10.0 10.8 10.1 2.6 4.2 West Germany Exports 175.4 176.4 169.4 44.2 42.4 43.4 15.2 13.7 Imports c 163.4 155.3 152.9 39.5 39.2 38.4 13.4 11.9 Balance 11.9 21.1 16.6 4.7 3.2 5.0 1.7 1.8 France Exports 106.3 96.4 95.1 24.1 25.0 24.5 8.7 7.9 Imports 115.6 110.5 101.0 25.7 26.1 24.1 8.3 7.9 Balance -9.3 -14.0 -5.9 -1.5 -1.2 0.4 0.4 0.1 United Kingdom Exports 102.5 97.1 91.8 24.2 23.6 22.4 7.8 7.4 Imports 94.6 93.0 92.7 24.3 25.3 24.5 8.6 8.4 Balance 7.9 4.1 -0.8 -0.1 -1.7 -2.1 -0.8 -1.0 Italy Exports 75.4 74.0 72.7 19.2 17.1 19.3 6.5 6.3 Imports 91.2 86.8 80.7 21.6 20.3 20.8 7.2 6.9 Balance -15.9 -12.8 -7.9 -2.4 -3.2 -1.6 -0.8 -0.6 Canada Exports 70.5 68.5 73.7 21.4 21.7 22.7 7.8 7.5 Imports 64.4 54.1 59.3 17.8 17.5 18.6 6.7 6.0 Balance 6.1 14.4 14.4 3.6 4.1 4.1 1.1 1.5 a Seasonally adjusted. b Imports are customs values. Imports are c.i.f. 1st Qtr 2d Qtr 3d Qtr Aug Sep Oct United States 6.3 -9.2 -41.6 -19.7 -24.4 Japan 4.8 6.9 20.8 4.8 10.0 8.8 1.2 4.3 West Germany -6.8 3.5 4.1 0.7 -0.2 -0.7 -0.4 0 2.1 France -4.7 -12.1 -4.6 -0.5 -1.0 0.7 United Kingdom 15.3 9.8 4.3 0.7 -0.4 -1.2 0.4 -0.6 -0.1 Italy -8.6 -5.7 0.6 -1.7 Canada -5.0 2.1 1.4 0 0.5 a Seasonally adjusted; converted to US dollars at current market rates of exchange. Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Export Prices in US $ United States 9.2 1.5 1.0 Japan 5.5 -6.4 -2.4 West Germany -14.9 -2.8 -3.2 France -12.0 -5.5 -5.0 United Kingdom NA -7.3 -5.9 Italy -7.8 -3.2 -5.8 Canada 3.9 -2.0 -1.2 Import Prices in US $ United States 5.3 -2.0 Japan 3.6 -7.3 West Germany -8.6 -4.7 France -7.8 -7.2 United Kingdom NA -6.1 Italy 1.0 -7.3 Canada 8.7 -1.1 Percent change from previous period at an annual rate 1st Qtr 2d Qtr Aug Sep Oct -3.7 -3.2 7.1 4.8 3.5 -5.1 0.2 -3.4 50.9 -39.4 -5.2 3.1 2.9 -9.0 -36.7 -7.0 16.5 -3.4 -5.2 3.9 -2.2 6.5 -33.9 -24.0 -7.6 2.5 7.4 -3.4 4.4 -8.8 41.3 -44.4 Percent change from previous period at an annual rate 1st Qtr 2d Qtr Jul Aug Sep -1.1 5.1 -18.1 3.3 1.3 2.6 -1.7 -24.1 30.7 -18.6 0.1 0.8 -35.8 -10.2 -40.1 3.9 9.2 -39.3 0.9 -3.9 -32.1 3.0 -32.6 -0.7 -3.1 1.1 -7.1 23.2 13.4 -42.6 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Percent change from previous period at an annual 'r United States 10.5 10.6 5.8 4.6 5.8 26.3 40.9 Japan 9.3 -5.7 10.4 8.2 6.5 -5.3 10.5 West Germany -2.1 7.0 5.8 2.6 1.6 -2.0 -6.4 France -5.1 -6.1 -4.7 -0.9 1.3 -1.4 -6.5 United Kingdom 2.5 -2.1 -5.0 -4.7 -8.2 -3.0 -7.0 Italy -9.2 -5.1 -1.6 -3.9 -0.8 -0.3 -8.2 Canada 0.3 0.2 2.3 -4.2 -10.2 1.4 2.4 West Germany -24.6 -7.2 -5.2 -3.2 -2.0 -33.8 -75.5 -20.2 France -28.7 -20.8 -15.9 -6.5 -2.0 -33.2 -74.2 -19.3 United Kingdom -13.2 -13.4 -13.3 -9.1 -10.5 -25.2 -40.8 -31.8 Italy -32.8 -18.8 -12.3 -9.5 -3.6 -32.5 -78.5 -22.1 Canada -2.5 -2.9 0.1 -5.6 -12.5 -6.6 -9.7 -4.9 Money Market Rates United States 90-day certificates of deposit, secondary market 16.24 12.49 9.23 9.88 10.57 9.76 10.28 10.57 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 12.51 12.46 12.56 12.48 12.58 12.56 United Kingdom sterling interbank loans (3 months) Italy Milan interbank loans (3 months) Canada finance paper (3 months) 18.46 14.48 9.53 10.02 9.94 10.28 Eurodollars 3-month deposits 16.87 13.25 9.69 10.14 10.95 10.00 10.53 10.95 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 Agricultural Prices Australia (Boneless beef, f.o.b., US Ports) 125.2 112.1 108.4 110.7 105.6 107.0 98.7 96.1 92.3 United States (Wholesale steer beef, midwest markets) 104.3 100.0 101.4 97.6 104.3 100.6 97.8 94.4 92.5 Cocoa (Q per pound) 113.5 89.8 74.3 92.1 113.0 113.3 99.9 104.0 99.8 Coffee ($ per pound) 1.54 1.28 1.40 1.32 1.45 1.49 1.45 1.43 1.37 Corn (US #3 yellow, c.i.f. Rotterdam $ per metric ton) 150 150 123 148 155 162 150 144 134 Cotton (Memphis middling 1 1/ 16 inch, $ per pound) 0.8219 0.7243 0.6073 0.6873 0.7188 0.7762 0.6383 0.6060 0.6070 Palm Oil (United Kingdom 5% bulk, c.i.f., $ per metric ton) 583 571 445 502 865 858 587 611 615 US (No. 2, milled, 4% c.i.f. Rotterdam) 598 632 481 514 529 531 502 496 496 Thai SWR (100% grade B c.i.f. Rotterdam) 522 573 362 339 316 318 326 303 306 Soybeans (US #2 yellow, c.i.f. Rotterdam $ per metric ton) 296 288 244 282 304 321 262 246 246 Soybean Oil (Dutch, f.o.b. ex-mil. $ per metric ton) 598 507 447 527 704 843 689 694 679 Soybean Meal (US, c.i.f. Rotterdam $ per metric ton) 257 252 219 238 229 214 177 166 170 Sugar (World raw cane, f.o.b. Caribbean Ports, spot prices 0/lb.) 29.03 16.93 8.42 8.49 6.65 5.68 4.19 4.04 NA Tea Average Auction (London) (US 0 per pound) 101.4 91.0 89.9 105.2 176.7 155.0 139 154.1 165.2 Wheat (US #2. DNS Rotterdam c.i.f. $ per metric ton) 209 210 187 183 191 184 175 172 174 Food Index a 232 203 167 184 202 208 189 185 180 (1975 =100) Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 77.7 81.0 81.0 81.0 81.0 81.0 65.1 68.2 59.5 50.2 45.8 46.1 Chrome Ore (South Africa chemical grade, $ per metric ton) 55.0 53.0 50.9 50.0 50.0 50.0 50.0 50.0 50.0 Copper a (bar, 0 per pound) 98.7 79.0 67.1 72.0 64.9 65.5 59.8 58.7 57.6 Gold (S per troy ounce) 612.1 460.0 375.5 424.4 382.8 378.8 345.3 341.1 340.9 Lead a (4 per pound) 41.1 32.9 24.7 19.2 18.9 21.3 20.7 18.2 18.7 Manganese Ore (48% Mn, $ per long ton) 78.5 82.1 79.9 73.3 69.8 69.8 69.8 69.8 69.8 Nickel ($ per pound) Cathode major producer 3.5 3.5 3.2 3.2 3.2 3.2 3.2 3.2 3.2 LME Cash 3.0 2.7 2.2 2.1 2.1 2.2 2.2 2.1 2.1 Platinum ($ per troy ounce) Major producer 439.5 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475.0 Metals week, New York dealers' price 677.0 446.0 326.7 422.6 388.9 388.1 336.0 327.0 325.2 44.0 44.1 45.7 NA NA NA 56.2 57.9 51.7 45.8 46.3 43.6 11.4 8.9 9.0 7.4 7.2 7.3 73.2 93.3 88.3 82.9 84.7 NA 590.9 559.1 571.3 558.3 549.0 533.4 Tungsten Ore (contained metal, $ per metric ton) 18,219 18,097 13,426 10,177 9,621 10,934 10,406 11,011 10,799 US Steel (finished steel, composite, $ per long ton) Zinc a (4 per pound) 34.4 38.4 33.7 34.7 45.1 44.8 37.6 35.9 38.0 Lumber Index c (1975=100) 167 159 140 190 195 183 164 159 NA Industrial Materials Index r 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. c This index is compiled by using the average of 11 types of lumber whose prices are regarded as bellwethers of US lumber construction costs. r The industrial materials index is compiled by The Economist for 18 raw materials which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 World Crude Oil Production Excluding Natural Gas Liquids 1980 1981 1982 1983 1984a 1st Half Jul Aug World 59,463 55,827 53,014 52,588 53,786 Non-Communist countries 45,243 41,602 38,810 38,228 39,349 Developed countries 12,859 12,886 13,276 13,864 14,166 United States 8,597 8,572 8,658 8,680 8,678 8,729 8,781 Canada 1,424 1,285 1,270 1,356 1,400 1,425 1,425 United Kingdom 1,619 1,811 2,094 2,299 2,507 2,729 2,563 Norway 528 501 518 614 672 671 696 Other 691 717 736 915 909 Non-OPEC LDCs 5,443 6,036 6,633 6,823 7,345 Mexico 1,936 2,321 2,746 2,666 2,772 2,729 2,563 Egypt 595 598 665 689 750 Other 2,912 3,117 3,222 3,468 3,823 OPEC 26,941 22,680 18,901 17,541 17,838 17,577 16,125 Algeria 1,020 803 701 699 634 650 650 Ecuador 204 211 211 236 248 262 260 Gabon 175 151 154 157 152 160 150 Indonesia 1,576 1,604 1,324 1,385 1,400 1,270 1,290 Iran 1,662 1,381 2,282 2,492 2,223 2,400 1,800 Iraq 2,514 993 972 922 1,164 1,200 1,250 Kuwait b 1,389 947 663 881 941 900 900 Libya 1,830 1,137 1,183 1,076 1,130 1,100 980 Neutral Zone c 544 370 317 390 437 400 380 Nigeria 2,058 1,445 1,298 1,241 1,378 1,200 1,100 Qatar 471 405 328 295 381 430 410 Saudi Arabia b 9,631 9,625 6,327 4,867 4,874 4,800 4,300 UAE 1,702 1,500 1,248 1,119 1,164 1,050 ,940 Venezuela 2,165 2,108 1,893 1,781 1,712 1,755 1,715 Communist countries 14,220 14,225 14,204 14,360 14,437 14,432 14,362 USSR 11,700 11,790 11,750 11,820 11,795 11,790 11,720 China 2,113 2,024 2,044 2,120 2,222 2,222 2,222 Other 407 411 410 420 420 420 420 a Preliminary. b Excluding Neutral Zone production, which is shown separately. Production is shared equally between Saudi Arabia and Kuwait. Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Big Seven: Inland Oil Consumption United Kingdom 1,422 1,325 1,345 1,290 1,393 1,543 1,445 Italy b 1,602 1,705 1,618 1,594 1,735 1,425 1,346 1,274 1,524 Canada 1,730 1,617 1,454 1,354 1,358 1,303 1,367 1,364 a Including bunkers, refinery fuel, and losses. b Principal products only. United States 5,220 4,406 3,488 3,329 Japan 4,373 3,919 3,657 3,567 West Germany 1,953 1,591 1,451 1,307 1st Qtr 2d Qtr Jul Aug Sep Oct 3,145 3,585 3,646 3,244 3,453 3,700 4,042 3,539 3,504 1,420 1,378 1,383 1,083 1,307 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 1st Qtr 2d Qtr 3d Qtr Sep Oct OPEC average b 18.67 30.87 34.50 33.63 29.31 28.77 28.78 28.78 28.80 28.46 Algeria 42? API 0.10% sulfur 19.65 37.59 39.58 35.79 31.30 30.50 30.50 30.50 30.50 30.50 Ecuador 28* API 0.93% sulfur 22.41 34.42 34.50 32.96 27.59 27.50 27.50 27.50 27.50 27.50 Gabon 29? API 1.26 % sulfur 18.20 31.09 34.83 34.00 29.82 29.00 29.00 29.00 29.00 29.00 Indonesia 35? API 0.09% sulfur 18.35 30.55 35.00 34.92 29.95 29.53 29.53 29.53 29.53 29.53 Light 34? API 1.35% sulfur 19.45 34.54 36.60 31.05 28.61 28.00 28.00 28.00 28.00 28.00 Heavy 311 API 1.60% sulfur Iraq ? ",I API 1.95% sulfur Kuwait 31 ? API 2.50% sulfur 18.48 29.84 35.08 32.30 27.68 27.30 27.30 27.30 27.30 27.30 Libya 40? API 0.22% sulfur 21.16 36.07 40.08 35.69 30.91 30.40 30.40 30.40 30.40 30.40 Nigeria 34? API 0.16% sulfur 20.86 35.50 38.48 35.64 30.22 29.85 29.85 29.85 29.85 27.90 Qatar 40? API 1.17% sulfur 19.72 31.76 37.12 34.56 29.95 29.49 29.49 29.49 29.49 29.49 Berri 39? API 1.16% sulfur 19.33 30.19 34.04 34.68 29.96 29.50 29.52 29.52 29.52 29.52 Light 34? API 1.70% sulfur 17.26 28.67 32.50 34.00 29.46 29.00 29.00 29.00 29.00 29.00 Medium 31 ? API 2.40% sulfur 16.79 28.12 31.84 32.40 27.86 27.40 27.40 27.40 27.40 27.40 Heavy 27? API 2.85% sulfur 16.41 27.67 31.13 31.00 26.46 26.00 26.00 26.00 26.00 26.00 UAE 39? API 0.75% sulfur 19.81 31.57 36.42 34.74 30.38 29.56 29.56 29.56 29.56 29.56 Venezuela 26? API 1.52% sulfur 17.22 28.44 32.88 32.88 28.69 27.88 27.88 27.88 27.88 27.88 a 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. ? Beginning in 1981 the price of Kirkuk (Mediterranean) is used in calculating the OPEC average official sales price. Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184ROO0100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85T01184R000100320003-8 OPEC: Average Crude Oil Sales Price 1 1984 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85T01184R000100320003-8 Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8 Iq Next 11 Page(s) In Document Denied Sanitized Copy Approved for Release 2010/08/03: CIA-RDP85TO1184R000100320003-8