ECONOMIC & ENERGY INDICATORS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85T01184R000100380003-2
Release Decision: 
RIFPUB
Original Classification: 
U
Document Page Count: 
14
Document Creation Date: 
December 22, 2016
Document Release Date: 
August 23, 2010
Sequence Number: 
3
Case Number: 
Publication Date: 
March 1, 1985
Content Type: 
REPORT
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PDF icon CIA-RDP85T01184R000100380003-2.pdf533.76 KB
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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 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 2010/08/23: 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 Approved For Release 2010/08/23: CIA-RDP85T01184R000100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 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 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 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 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 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 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 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 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 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 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 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) Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 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. Approved For Release 2010/08/23: CIA-RDP85TO1184ROO0100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 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. Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 Approved For Release 2010/08/23: CIA-RDP85TO1184R000100380003-2 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