ECONOMIC & ENERGY INDICATORS
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP85T01184R000100380003-2
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RIFPUB
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U
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14
Document Creation Date:
December 22, 2016
Document Release Date:
August 23, 2010
Sequence Number:
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Case Number:
Publication Date:
March 1, 1985
Content Type:
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Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
Directorate of
r=~~ Intelligence
Economic & Energy
Indicators
DI EE185-005
1 March 1985
Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
This publication is prepared for the use of US Government
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Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
Approved For Release 2010/08/23: CIA-RDP85T01184R000100380003-2
Economic & Energy
Indicators
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
Energy World Crude Oil Production, Excluding Natural Gas Liquids
Big Seven: Inland Oil Consumption
Big Seven: Crude Oil Imports
OPEC: Crude Oil Official Sales Price
OPEC: Average Crude Oil Official Sales Price (Chart) 11
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Percent change from previous period
seasonally adjusted at an annual rate
United States
2.6
-8.1
6.4
Japan
1.0
0.4
3.5
West Germany
-2.3
-3.2
0.4
-3.9
2.0
3.3
-1.6
-3.1
-3.2
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
11.4
8.6
6.4
-3.6
5.2
7.5
13.5
11.6
6.1
46.8
4.1
-4.8
2.5
-10.9
16.5
66.9
-22.0
-2.4
-7.9
0.4
16.4
-2.3
4.5
2.1
7.7
-25.7
-13.0
Percent change from previous period
seasonally adjusted at an annual rate
Japan
4.1
3.3
3.1
West Germany
-0.2
-1.1
1.3
France
0.2
2.0
0.7
United Kingdom
-0.9
1.4
3.4
Italy
0.2
-0.4
-1.2
Canada
3.3
-4.4
3.3
1st Qtr
2d Qtr
3d Qtr 4th Qtr
7.6
6.7
-4.7
5.0
-7.7
9.0
4.3
1.7
3.0
2.6
-7.1 -
-1_5
3.1
2.7
4.6
3.2
3.3
7.7
Percent change from previous period
seasonally adjusted at an annual rate
United States
10.3
6.2
3.2 _
5.0
3.7
3.6 3.9
Japan
4.9
2.6
1.8
3.6
1.0
1.2 -3.5 10.7
West Germany
6.0
5.3
3.6
2.8
2.0
0.5 2.9 4.0
France
13.3
12.0
9.5
7.3
6.2
7.3 6.5
United Kingdom
11.9
8.6
4.6
4.4
3.0
5.5 5.9
Italy
19.3
16.4
14.9
11.1
10.4
8.0 5.9 10.9
Canada
12.5
10.8
5.8
5.7
2.7
3.1 3.3
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Money Supply, M-1 a
Percent change from previous period
seasonally adjusted at an annual rate
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
United States b
7.1
6.6
11.0
7.4
6.3
4.6
-7.2
8.9
11.7
Japan
3.7
7.1
3.0
4.8
6.2
6.6
-33.6
6.7
24.8
West Germany
1.1
3.6
10.3
0.5
3.0
2.3
3.4
-5.7
49.9
France
12.2
13.9
10.0
6.2
9.8
1.3
-18.2
United Kingdom
NA
NA
15.1
12.5
24.5
10.2
22.4
48.7
13.2
Italy
11.2
11.6
15.3
9.6
19.2
Canada
3.8
0.6
10.2
-8.9
4.7
-0.2
3.8
-22.4
117.3
a Based on amounts in national currency units.
b Including M1-A and M1-B.
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
Total 3d Qtr 4th Qtr Nov Dec Jan
7.4 7.3 7.1 7.0 7.1 7.3
2.7 2.8 2.7 2.7 2.6
9.1 8.8 8.9 8.8 9.4 10.6
9.6 9.8 9.9 9.9 9.9 9.9
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United States b
Exports
233.5
212.3
200.7
Imports
261.0
244.0
258.2
Balance
-27.5
-31.6
-57.5
Japan
Exports
149.6
138.3
145.5
Imports
129.5
119.7
114.1
Balance
20.1
18.6
31.5
West Germany
Exports
175.4
176.4
169.4
Imports c
163.4
155.3
152.9
Balance
11.9
21.1
16.6
France
Exports
106.3
96.4
95.1
Imports
115.6
110.5
101.0
Balance
-9.3
-14.0
-5.9
United Kingdom
Exports
102.5
97.1
91.8
Imports
94.6
93.0
92.7
Balance
7.9
4.1
-0.8
Italy
Exports
75.4
74.0
72.7
Imports
91.2
86.8
80.7
Balance
-15.9
-12.8
-7.9
Canada
Exports
70.5
68.5
73.7
Imports
64.4
54.1
59.3
Balance
6.1
14.4
14.4
1st Qtr
2d Qtr
3d Qtr
4th Qtr
Nov
Dec
53.3
53.1
55.7
56.0
18.4
19.2
79.5
79.3
87.9
79.5
27.0
26.2
-26.2
-26.2
-32.2
-23.5
-8.7
-6.9
40.4
42.5
42.3
43.2
14.7
14.0
30.4
31.7
32.2
29.8
9.7
9.6
10.0
10.8
10.1
13.4
5.0
4.4
44.2
42.4
43.4
42.3
14.6
13.1
39.5
39.2
38.4
36.3
12.4
11.4
4.7
3.2
5.0
5.9
2.1
1.7
24.1
25.0
24.5
23.9
8.1
7.9
25.7
26.1
24.1
24.2
8.0
8.0
-1.5
-1.2
0.4
-0.3
0.1
-0.1
24.2
23.6
22.4
23.6
8.0
7.9
24.3
25.3
24.5
24.0
8.2
8.2
-0.1
-1.7
-2.1
-1.5
-0.2
-0.2
19.2
17.1
19.3
5.3
21.6
20.3
20.8
7.4
-2.4
-3.2
-1.6
-2.2
21.4
21.7
22.7
21.8
7.2
7.1
17.8
17.5
18.6
17.4
5.8
6.0
3.6
4.1
4.1
4.4
1.4
1.1
a Seasonally adjusted.
b Imports are customs values.
Imports are c.i.f.
United States
Japan
4.8
6.9
20.8
35.0
8.7
11.6
3.9
West Germany
-6.8
3.5
4.1
5.9
-0.7
6.0
2.0
-4.7
-12.1
-4.6
United Kingdom
15.3
9.8
4.3
0.2
0.6
0.6
0.1
Italy
-8.6
-5.7
0.6
Canada
-5.0
2.1
1.4
0.5
a Seasonally adjusted; converted to US dollars at current market
rates of exchange.
2.9 4.8
2.0 2.1
0.3 0.2
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Percent change from previous period
at an annual rate
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
United States
9.2
1.5
1.0
-1.1
4.8
-2.2
-6.2
-8.4
-2.5
Japan
5.5
-6.4
-2.4
2.6
-1.7
-14.9
-7.2
-0.2
West Germany
-14.9
-2.8
-3.2
0.2
0.8
-23.0
-9.5
35.6
-33.7
France
-12.0
-5.5
-5.0
4.0
9.4
-21.6
-13.9
42.7
United Kingdom
NA
-7.3
-5.9
0.9
-3.9
-17.2
-25.7
31.6
-40.8
Italy
-7.8
-3.2
-5.8
-0.9
-3.0
-17.8
Canada
3.9
-2.0
-1.2
2.4
-7.6
-5.2
8.8
0
6.5
Percent change from previous period
at an annual rate
United States
5.3
-2.0
-3.7
Japan
3.6
-7.3
-5.1
West Germany
-8.6
-4.7
-5.2
France
-7.8
-7.2
-7.0
United Kingdom
NA
-6.1
-5.2
Italy
1.0
-7.3
-7.6
Canada
8.7
-1.1
-3.4
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
-2.4
7.3
3.6
-4.8
-4.8
-11.9
0.2
-3.4
-5.2
1.4
-14.5
3.3
3.2
-22.5
-8.3
32.0
-32.1
15.9
-2.8
-22.9
0.1
26.4
3.9
-2.2
-17.0
-24.0
42.8
-37.3
2.6
7.8
-20.8
5.1
-9.8
4.9
-0.9
26.6
-4.1
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Exchange Rate Trends
Percent change from previous period
at an annual rate
10.5
10.6
5.8
9.1
26.2
13.7
-15.9
33.5
9.3
-5.7
10.4
6.2
-5.3
5.4
4.5
--0.-7-
-5.1
-6.1
-4.7
-2.1
-1.4
0.1
6.2
-4.2
2.5
-2.1
-5.0
-2.5
-3.0
-9.6
-0.9
-17.7
-9.2
-5.1
-1.6
-3.1
-0.3
-2.3
-0.1
6.2
0.3
0.2
2.3
-2.3
1.3
3.6
-4.3
8.1
2.7
-12.8
4.5
-26.1
-4.4
15.0
-24.8
-33.5
-24.6
-7.2
-5.2
-11.5
-33.8
-20.4
25.4
-55.5
-26.3
France
United Kingdom
-13.2
-13.4
-13.3
-11.9
-25.2
-23.3
24.0
-43.7
-44.2
Italy
-32.8
-18.8
-12.3
-15.6
-32.5
-22.1
21.1
-39.3
-25.0
Canada
-2.5
-2.9
0.1
-5.1
-6.6
-1.7
1st Qtr
2d Qtr
3d Qtr
4th Qtr
Nov
Dec
United States
90-day certificates of
deposit, secondary market
Japan
loans and discounts
(2 months)
West Germany
interbank loans
(3 months)
France
interbank money market
(3 months)
United Kingdom
sterling interbank loans
(3 months)
Italy
Milan interbank loans
(3 months)
Canada
finance paper (3 months)
Eurodollars
3-month deposits
16.24 12.49 9.23 9.88 11.19 11.66 9.52 9.31 8.70
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Australia
(Boneless beef,
f.o.b., US Ports)
125.2
112.1
108.4
110.7
101.1
NA
United States
(Wholesale steer beef,
midwest markets)
104.3
100.0
101.4
97.6
100.9
NA
Cocoa
(0 per pound)
113.5
89.8
74.3
92.1
106.2
98.8
Coffee
($ per pound)
1.54
1.28
1.40
1.32
1.44
1.45
Corn
(US #3 yellow,
c.i.f. Rotterdam
$ per metric ton)
Cotton
(Memphis middling
1 1/16 inch, $ per pound)
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
583
571
445
502
730
586
US
(No. 2, milled,
4% c.i.f. Rotterdam)
598
632
481
514
514
496
Thai SWR
(100% grade B
c.i.f. Rotterdam)
522
573
362
339
310
256
Soybeans
(US #2 yellow,
c.i.f. Rotterdam
$ per metric ton)
296
288
244
282
283
244
Soybean Oil
(Dutch, f.o.b. ex-mil.
$ per metric ton)
598
507
447
527
727
618
Soybean Meal
(US, c.i.f. Rotterdam
S per metric ton)
257
252
219
238
197
167
Sugar
(World raw cane, f.o.b.
Caribbean Ports, spot
prices 0/lb.)
29.03
16.93
8.42
8.49
5.18
3.59
Tea
Average Auction (London)
(US ? per pound)
101.4
91.0
89.9
105.2
156.6
NA
Wheat
(US #2. DNS
Rotterdam c.i.f.
$ per metric ton)
209
210
187
183
182
182
Food Index a
232
203
167
184
194
178
(1975= 100)
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Total
4th Qtr
Jan
Chrome Ore
(South Africa chemical
grade, $ per metric ton)
55.0
53.0
50.9
Copper a (bar, 0 per pound)
98.7
79.0
67.1
72.0
62.4
59.6
60.8
Gold ($ per troy ounce)
612.1
460.0
375.5
424.4
360.0
332.2
302.8
19.2
20.0
19.2
18.9
Manganese Ore
(48% Mn, $ per long ton)
78.5
82.1
79.9
Nickel ($ per pound)
Cathode major producer
3.5
3.5
3.2
LME Cash
3.0
2.7
2.2
Metals week,
New York dealers' price
677.0
446.0
326.7
56.2
49.6
42.9
42.0
Silver ($ per troy ounce)
20.7
10.5
7.9
11.4
8.1
7.1
6.0
Steel Scrap d ($ per long ton)
91.2
92.0
63.1
73.2
86.4
81.1
NA
Tina (0 per pound)
761.3
641.4
581.6
590.9
556.6
537.6
504.7
Tungsten Ore
(contained metal,
$ per metric ton)
18,219
18,097
13,426
10,177
10,243
10,009
10,952
US Steel
(finished steel, composite,
$ per long ton)
486.2
543.5
567.3
(1975= 100)
Industrial Materials Index f
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.
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 l 1 types of lumber
whose prices are regarded as bellwethers of US lumber construction
costs.
f 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.
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World Crude Oil Production
Excluding Natural Gas Liquids
1980
1981
1982
1983
19848
1st Half
Sep
Oct
Nov
World
59,463
55,827
53,014
52,588
53,786
52,418
52,762
Non-Communist countries
45,243
41,602
38,810
38,228
39,349
38,106
38,490
Developed countries
12,859
12,886
13,276
13,864
14,166
14,216
14,494
United States
8,597
8,572
8,658
8,680
8,678
8,820
8,776
8,850
Canada
1,424
1,285
1,270
1,356
1,400
1,338
1,400
1,451
United Kingdom
1,619
1,811
2,094
2,299
2,507
2,473
2,653
Norway
528
501
518
614
672
713
737
755
Other
691
717
736
915
909
872
928
Non-OPEC LDCs
5,443
6,036
6,633
6,823
7,345
7,585
7,595
Mexico
1,936
2,321
2,746
2,666
2,772
2,707
2,673
2,745
Egypt
595
598
665
689
750
869
875
Other
2,912
3,117
3,222
3,468
3,823
4,009
4,047
OPEC
26,941
22,680
18,901
17,541
17,838
16,305
16,401
15,986
Algeria
1,020
803
701
699
634
650
650
650
Ecuador
204
211
211
236
248
260
240
260
Gabon
175
151
154
157
152
160
150
150
Indonesia
1,576
1,604
1,324
1,385
1,400
1,270
1,280
1,200
Iran
1,662
1,381
2,282
2,492
2,223
1,800
2,000
2,000
Iraq
2,514
993
972
922
1,164
1,300
1,200
1,250
Kuwait b
1,389
947
663
881
941
1,000
900
800
Libya
1,830
1,137
1,183
1,076
1,130
1,000
1,000
1,000
Neutral Zone c
544
370
317
390
400
380
380
380
Nigeria
2,058
1,445
1,298
1,241
1,378
1,300
1,600
1,600
Qatar
471
405
328
2,95
381
480
410
280
Saudi Arabia b
9,631
9,625
6,327
4,867
4,874
3,900
3,900
3,800
UAE
1,702
1,500
1,248
1,119
1,164
1,060
1,006
1,006
Venezuela
2,165
2,108
1,893
1,781
1,712
1,745
1,685
1,610
Communist countries
14,220
14,225
14,204
14y360
14,437
14,312
14,272
USSR
11,700
11,790
11,750
11,820
11,795
11,670
11,630
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.
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Big Seven: Inland Oil Consumption
United States a
17,006
16,058
15,296
15,184
Japan
4,674
4,444
4,204
4,193
France
1,965
1,744
1,632
1,594
United Kingdom
1,422
1,325
1,345
1,290
Italy b
1,602
1,705
1,618
1,594
Canada
1,730
1,617
1,454
1,354
a Including bunkers, refinery fuel, and losses.
b Principal products only prior to 1982.
Big Seven: Crude Oil Imports
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
France
2,182
1,804
1,596
1,429
Italy
1,860
1,816
1,710
1,532
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
3,145
3,585
3,395
3,751
3,552
2,990
4,042
3,539
3,531
3,405
3,489
1,420
1,378
1,269
1,060 _
1,366
1,646
1,372
1,172
1,346
1,325
1,667
1,541
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
Dec
16,044
15,579
15,508
15,631
15,602
16,062
5,129
3,869
3,992
3,860
1,822
1,437
1,306
1,588
1,530
1,560
1,393
1,543
1,571
1,754
1,728
1,375
1,381
1,502
1,560
1,558
1,359
1,302
1,341
1,416
1,419
Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2
OPEC average b
18.67
30.87
34.50
33.63
29.31
28.70
28.59
Algeria
42? API 0.10% sulfur
19.65
37.59
39.58
35.79
31.30
30.50
30.50
Ecuador
28? API 0.93% sulfur
22.41
34.42
34.50
32.96
27.59
27.50
27.50
Gabon
29? API 1.26 % sulfur
18.20
31.09
34.83
34.00
29.82
29.00
29.00
Indonesia
35? API 0.09% sulfur
18.35
30.55
35.00
34.92
29.95
29.53
29.53
Light
34? API 1.35% sulfur
19.45
34.54
36.60
31.05
28.61
28.00
29.11
Heavy
311 API 1.60% sulfur
18.49
33.60
35.57
29.15
27.44
27.10
27.55
Iraq c
35? API 1.95% sulfur
18.56
30.30
36.66
34.86
30.32
29.43
29.43
Kuwait
31' API 2.50% sulfur
18.48
29.84
35.08
32.30
27.68
27.30
27.30
Libya
40? API 0.22% sulfur
21.16
36.07
40.08
35.69
30.91
30.40
30.40
Nigeria
34? API 0.16% sulfur
20.86
35.50
38.48
35.64
30.22
29.12
27.90
Qatar
40? API 1.17% sulfur
19.72
31.76
37.12
34.56
29.95
29.49
29.49
Berri
39? API 1.16% sulfur
19.33
30.19
34.04
34.68
29.96
29.52
29.27
Light
34? API 1.70% sulfur
17.26
28.67
32.50
34.00
29.46
29.00
29.00
Medium
31 ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.86
27.40
27.65
Heavy
27? API 2.85% sulfur
16.41
27.67
31.13
31.00
26.46
26.00
26.50
UAE
39? API 0.75% sulfur
19.81
31.57
36.42
34.74
30.38
29.56
29.31
Venezuela
26' API 1.52% sulfur
17.22
28.44
32.88
32.88
28.69
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.
Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2
Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2
OPEC: Average Crude Oil Sales Price
30 87 29.31
28.70
RU
J
1985
Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2