ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85T01184R000100100001-4
• Release Decision: RIFPUB
• Original Classification: U
• Document Page Count: 14
• Document Creation Date: December 22, 2016
• Document Release Date: August 3, 2010
• Sequence Number: 1
• Publication Date: January 20, 1984
• Content Type: REPORT

Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4
Directorate of
Intelligence
Economic & Energy
Indicators
DI EE184-002
20 January 1984
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 Approved For Release 2010/08/03: CIA-RDP85TO1184ROO0100100001-4
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 Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4
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
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Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
United States
-3.6
2.6
-8.1
Japan
4.7
1.0
0.4
West Germany
-0.8
-2.7
-3.1
France
-0.7
-2.6
-1.5
United Kingdom
-6.4
-5.1
1.5
Italy
5.5
-2.4
-2.2
Canada
-1.5
0.9
-10.7
1st Qtr
2d Qtr
3d Qtr
Sep
Oct
9.9
18.4
21.5
16.6
9.8
3.6
6.5
12.3
5.8
4.4
9.3
1.4
2.1
4.2
4.8
0.7
6.2
1.2
-1.9
-10.4
-4.9
324.2
22.3
12.3
Percent Change From Previous Period
(Constant Market Prices; Seasonally Adjusted at an Annual Rate)
1st Qtr
2d Qtr
3d Qtr
United States
-0.3
2.6
-1.9
2.6
9.7
7.9
Japan
4.8
3.9
2.9
0.9
3.6
West Germany
1.8
-0.2
-1.1
2.5
4.3
France
1.1
0.2
1.7
United Kingdom
-2.1
-2.2
1.4
8.6
-7.1
Italy
3.9
0.1
-0.3
1.7
-6.5
Canada
1.0
3.4
-4.4
7.6
7.5
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
1980
1981
1982
1983
1st Qtr
2d Qtr
3d Qtr
Oct
United States
13.5
10.3
6.2
-0.4
4.2
4.8
Japan
8.0
4.9
2.6
0.6
1.1
0.3
9.8
West Germany
5.5
6.0
5.3
0.5
1.4
5.1
2.2
France
13.5
13.3
12.0
11.0
10.6
9.1
United Kingdom
18.0
11.9
8.6
3.6
2.0
7.8
6.1
Italy
21.2
19.3
16.4
13.4
14.2
12.6
19.8
Canada
10.2
12.5
10.8
3.0
4.2
6.5
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Percent Change From Previous Period
(Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate)
United States a
6.2
7.1
6.5
Japan
0.8
3.7
7.1
West Germany
2.3
1.2
3.6
France
8.5
12.6
13.9
United Kingdom
4.5
NA
NA
Italy
15.8
11.2
11.6
Canada
6.4
4.0
1.0
Unemployment Rate a
Percent
(Seasonally adjusted)
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
14.8
12.8
9.2
1.4
-0.3
0.3
11.5
21.5
11.2
6.4
6.5
12.0
9.8
16.6
8.5
11.8
6.1
28.1
11.4
10.0
-3.1
27.0
1st Qtr
2d Qtr
3d Qtr
Oct
Nov
United States
7.1
7.5
9.6
10.2
10.0
9.3
8.7
Japan
2.0
2.2
2.4
2.7
2.7
2.7
West Germany
3.9
5.6
7.7
8.8
9.6
9.6
9.4
France
6.3
7.6
8.4
8.4
8.4
8.5
8.7
8.8
United Kingdom
6.4
10.0
11.7
12.5
12.5
12.4
12.3
Italy
7.6
8.4
9.1
9.8
9.9
9.8
Canada
7.5
7.6
11.1
12.5
12.4
11.7
11.1
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.
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Foreign Trade
Billion US S, f.o.b.
(Seasonally Adjusted)
United States a
Exports
Imports
Balance
220.7
245.0
-24.3
233.5
261.0
-27.5
212.3
244.0
-31.6
50.5
58.6
-8.1
48.6
62.3
-13.7
50.6
66.9
-16.3
17.4
22.2
-4.8
Japan
Exports
Imports
Balance
126.3
124.7
1.6
149.5
129.5
20.1
138.3
119.8
18.4
35.5
28.5
7.0
35.5
27.6
7.9
36.2
27.9
8.3
12.1
9.8
2.3
West Germany
Exports
Imports b
Balance
193.0
188.0
4.9
175.3
163.4
11.9
176.4
155.3
21.1
43.6
38.1
5.5
43.1
38.9
4.2
41.5
37.7
3.8
14.0
12.9
1.1
France
Exports
Imports
Balance
116.0
130.1
-14.1
106.3
115.6
-9.3
96.4
110.5
-14.0
23.9
27.3
-3.5
23.4
25.1
-1.7
23.3
23.7
-0.4
7.7
7.7
0
United Kingdom
Exports
Imports
Balance
110.2
107.2
3.0
102.5
96.1
6.4
97.0
93.5
3.6
22.6
22.9
-0.3
22.8
23.8
-1.0
22.4
23.0
-0.6
7.8
7.6
0.2
Italy
Exports
Imports
Balance
78.0
100.3
-22.3
75.4
91.4
-15.9
74.2
87.0
-12.8
18.9
21.9
-3.0
18.2
19.6
-1.4
17.8
20.3
-2.5
6.1
6.9
-0.9
Canada
Exports
Imports
Balance
65.9
58.4
7.5
70.5
64.3
6.2
68.6
53.7
14.8
16.9
13.6
3.3
18.4
14.1
4.3
18.6
15.3
3.3
6.3
5.4
0.9
a Imports are customs values.
b Imports are c.i.f.
1st Qtr
2d Qtr Jul
Aug
Sep
United States
0.4
4.6
-11.2
-3.6
-9.7
Japan
-10.7
4.8
6.9
1.4
6.3 2.9
1.4
2.7
West Germany
-16.5
-6.8
3.4
1.7
0.8 -1.2
-1.1
-0.2
France
-7.8
-5.5
-12.1
-3.6
United Kingdom
7.0
NA
9.3
1.2
-0.5 -0.3
0
0.4
a Converted to US dollars at current market rates of exchange.
b Seasonally adjusted.
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United States
10.6
9.2
1.5
Japan
6.6
5.5
-6.4
West Germany
7.2
-15.2
-3.0
France
11.7
-12.0
-5.5
United Kingdom
22.5
NA
-7.3
Italy
17.4
-7.8
-3.3
Canada
17.4
3.9
-2.3
1st Qtr
2d Qtr
Aug
Sep
3.1
1.5
10.6
-7.2
-12.5
49.6
14.0
-10.8
-84.8
5.7
13.0
-16.6
-23.5
-14.0
15.7
-3.4
-14.1
3.3
-11.7
1.1
-31.9
United States
27.3
5.3
-2.0
Japan
35.5
3.6
-7.3
West Germany
15.7
-8.3
-5.4
France
19.4
-7.8
-7.2
United Kingdom
24.2
NA
-6.1
Italy
26.1
1.1
-7.3
Canada
16.8
8.7
-1.1
1st Qtr
2d Qtr
Aug
Sep
-12.3
-4.3
-4.1
-18.4
-23.5
20.3
-3.1
-13.4
3.7
-19.4
-25.1
-11.0
7.2
1.4
-31.1
-1.5
-12.5
66.0
-32.4
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Trade-Weighted
United States
-0.4
10.5
10.6
-6.0
9.2
13.1
-14.2
21.5
Japan
-4.2
9.3
-5.7
46.5
5.2
-1.3
48.9
0.7
West Germany
0.2
-2.1
7.0
10.4
4.2
-4.1
15.7
-8.0
France
0.5
-5.1
-6.1
6.7
-16.9
-4.2
0.4
-4.0
United Kingdom
9.8
2.5
-2.1
-31.1
24.3
7.2
-16.7
12.3
Italy
-4.1
-9.2
-5.1
4.5
-4.9
-4.6
-2.7
-3.4
Canada
-0.1
0.3
0.2
0.2
1.4
-3.6
-4.5
1.5
-3.5
2.7
-12.8
31.5
-4.1
-7.7
39.2
-12.9
0.8
-24.6
-7.2
14.1
-13.4
-28.2
26.6
-28.6
0.7
-28.7
-20.8
10.1
-38.2
-29.5
16.0
-21.8
9.6
-13.2
-13.4
-25.3
5.5
-10.7
-0.2
-7.4
-3.1
-32.8
-18.8
9.4
-23.8
-29.1
14.4
-22.3
0.2
-2.5
-2.9
1.7
-1.2
-0.6
0.5
-1.6
Money Market Rates
United States
90-day certificates of
deposit, secondary market
13.29
16.24
12.49
8.67
Japan
loans and discounts
(2 months)
8.32
7.79
7.23
7.12
West Germany
interbank Ioaas
(3 months)
9.66
12.19
8.82
5.66
France
interbank money market
(3 months)
12.39
15.47
14.68
12.74
United Kingdom
sterling interbank loans
(3 months)
16.72
13.85
12.24
11.16
Italy
Milan interbank loans
(3 months)
17.71
20.13
20.15
19.16
Canada
finance paper (3 months)
12.93
18.46
14.48
9.74
Eurodollars
3-month deposits
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Australia
(Boneless beef,
f.o.b., US Ports)
125.9
113.5
108.7
109.2
112.9
111.8
111.2
109.2
NA
United States
(Wholesale steer beef,
midwest markets)
104.3
100.0
101.4
96.7
104.9
95.5
91.0
90.2
98.4
Cocoa
(d per pound)
113.5
89.8
74.3
80.5
90.3
97.4
91.3
97.1
112.0
Coffee
(S per pound)
1.54
1.28
1.40
1.26
1.26
1.30
1.41
1.45
1.47
Corn
(Central Illinois No. 2 yellow,
$ per bushel)
3.01
3.14
2.42
2.59
3.10
3.43
3.36
3.38
3.26
Cotton
(Memphis middling
1 1/ 16 inch, $ per pound)
0.8219
0.7243
0.6073
0.6311
0.6755
0.7163
0.7240
0.7332
0.7218
Palm Oil
(United Kingdom 5% bulk,
c.i.f., S per metric ton)
583.08
570.67
445
372
415
543
671
661
NA
Rice
(New Orleans
No. 2, milled f.o.b.,
$ per metric ton)
496
565
367
368
375
386
386
386
386
Soybeans
(Central Illinois No. I yellow,
S per bushel)
6.95
6.98
5.86
5.71
6.06
7.80
8.25
8.01
7.77
Soybean Oil
(S per pound)
0.2375
0.2129
0.1837
0.1711
0.1953
0.2873
0.3062
0.2808
0.2732
Sugar
(World raw London,
bulk ? per pound)
28.63
16.88
8.42
6.21
8.75
10.19
9.76
8.42
7.78
Wheat
(Kansas City No. 2 hard
winter, S per bushel)
4.33
4.36
4.00
4.07
4.05
3.82
3.83
3.81
3.84
Food Index a
232
203
167
164
178
194
199
199
201
(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.
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76.0
76.0
77.7
81.0
81.0
81.0
54.2
64.6
71.7
71.1
68.2
70.4
Chrome Ore
50.0
(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
Gold
(S per troy ounce)
612.1
460.0
375.5
Lead a
(0 per pound)
41.1
32.9
24.7
Manganese Ore
(48% Mn, $ per Ions ton)
78.5
82.1
79.9
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
Synthetic b
40.6
47.5
45.7
48.1
40.9
44.3
41.3
44.0
NA
Natural a
73.8
56.8
45.4
49.8
56.8
59.2
59.9
58.5
58.1
Silver
(S per troy ounce)
20.7
10.5
7.9
12.3
12.1
12.0
9.9
8.8
9.1
Steel Scrap d
(S per long ton)
91.2
92.0
63.1
Tina
(0 per pound)
761.3
641.4
581.6
Tungsten Ore
(contained metal,
S per metric ton)
US Steel
(composite,
S per long ton)
Zinc a
(0 per pound)
34.4
38.4
33.7
Lumber Index a
(1975-100)
167
159
140
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.
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 11 types of lumber
whose prices are regarded as bellwethers of US lumber construction
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.
I
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World Crude Oil Production
Excluding Natural Gas Liquids
1980
1981
1982
Preliminary
1983
1st Half
3d Qtr
Sep
Oct
World
59,469
55,818
53,053
50,525
54,163
54,370
Non-Communist countries
45,244
41,593
38,803
36,310
39,567
39,965
Developed countries
12,859
13,579
13,276
13,560
13,831
13,948
United States
8,597
8,572
8,658
8,699
8,675
8,683
8,670
Canada
1,424
1,285
1,270
1,264
1,393
1,450
United Kingdom
1,619
1,811
2,094
2,193
2,319
2,387
Norway
528
501
518
601
600
588
Other
691
717
736
803
844
840
873
Non-OPEC LDCs
5,444
6,027
6,636
6,724
6,902
6,914
6,943
Mexico
1,937
2,312
2,749
2,660
2,724
2,712
2,659
Egypt
595
598
665
672
704
710
715
Other
2,912
3,117
3,222
3,392
3,474
3,492
3,569
OPEC
26,941
22,680
18,891
16,026
18,834
19,103
18,779
Algeria
1,020
803
701
650
700
700
700
Ecuador
204
211
211
207
239
237
250
Gabon
175
151
154
158
160
150
150
Indonesia
1,576
1,604
1,314
1,185
1,350
1,400
1,400
Iran
1,662
1,381
2,282
2,484
2,667
2,700
2,400
Iraq
2,514
993
972
850
983
950
1,000
Kuwait b
1,389
947
663
761
983
1,150
1,100
Libya
1,830
1,137
1,183
1,018
1,117
1,150
1,150
Neutral Zone c
544
370
317
340
460
453
410
Nigeria
2,058
1,445
1,298
1,133
1,410
1,218
1,290
Qatar
471
405
328
244
291
309
350
Saudi Arabia b
9,631
9,625
6,327
4,073
5,600
5,800
5,700
UAE
1,702
1,500
1,248
1,082
1,157
1,160
1,140
Venezuela
2,165
2,108
1,893
1,841
1,717
1,726
1,739
Communist countries
14,225
14,225
14,250
14,215
14,5%
14,405
USSR
11,700
11,790
11,800
11,890
12,216
11,900
11,900
China
2,118
2,024
2,040
2,085
2,100
2,085
2,085
Other
407
411
410
240
280
420
a Preliminary.
b Excluding Neutral Zone production, which is shown separately.
c 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
Japan
4,674
4,444
4,204
West Germany
2,356
2,120
2,024
France
1,965
1,744
1,632
United Kingdom
1,422
1,325
1,345
Italy b
1,602
1,705
1,618
Canada
1,730
1,617
1,454
a Including bunkers, refinery fuel, and losses.
b Principal products only.
Apr May Jun Jul Aug Sep Oct Nov
14,779 14,250 15,281 14,913 15,240 15,396 14,947 15,513
3,852 3,461 3,888 3,752 3,907 4,043
1,940 2,010 2,058 1,783 1,920 2,029 2,088
1,786 1,498 1,399 1,209 1,347 1,414 1,495 1,765
1,313 1,227 1,257 1,148 1,216 1,305
1,417 1,468 1,472 1,365 1,297 1,588 1,624 1,794
1,187 1,313 1,350 1,262 1,432 1,382 1,361
Big Seven: Crude Oil Imports
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
United States 5,220
4,406
3,488
2,970
3,234
3,502
3,868
4,174
4,221
3,446
3,265
Japan 4,373
3,919
3,657
3,604
2,975
3,337
3,007
2,981
3,590
West Germany 1,953
1,591
1,451
1,279
1,385
1,274
1,313
1,248
1,421
1,156
France 2,182
1,804
1,596
1,148
1,331
1,492
1,438
1,399
1,254
1,393
United Kingdom 893
736
565
303
537
467
494
462
587
Italy 1,860
1,816
1,710
1,485
1,485
1,485
Canada 557
521
334
143
93
137
325
381
Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4 t / ; `j
 Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4
OPEC average b
18.67
30.87
34.50
33.63
28.69
28.70
28.59
Algeria
42? API 0.10% sulfur
19.65
37.59
39.58
35.79
30.50
30.50
30.50
Ecuador
28? API 0.93% sulfur
22.41
34.42
34.50
32.96
26.70
26.70
26.70
Gabon
29? API 1.26 % sulfur
18.20
31.09
34.83
34.00
29.00
29.00
29.00
Indonesia
35? API 0.09% sulfur
18.35
30.55
35.00
34.92
29.53
29.53
29.53
Light
34? API 1.35% sulfur
19.45
34.54
36.60
31.05
28.00
28.00
28.00
Heavy
31 ? API 1.60% sulfur
18.49
33.60
35.57
29.15
27.10
27.10
27.10
Iraq c
35? API 1.95% sulfur
18.56
30.30
36.66
34.86
29.43
29.43
29.43
Kuwait
310 API 2.50% sulfur
18.48
29.84
35.08
32.30
27.30
27.30
27.30
Libya
40? API 0.22% sulfur
21.16
36.07
40.08
35.69
30.40
30.40
30.40
Nigeria
34? API 0.16% sulfur
20.86
35.50
38.48
35.64
29.85
29.85
29.85
Qatar
40? API 1.17% sulfur
19.72
31.76
37.12
34.56
29.49
29.49
29.49
Berri
39? API 1.16% sulfur
19.33
30.19
34.04
34.68
29.50
29.50
29.50
Light
34? API 1.70% sulfur
17.26
28.67
32.50
34.00
29.00
29.00
29.00
Medium
31 ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.40
27.40
27.40
Heavy
27? API 2.85% sulfur
16.41
27.67
31.13
31.00
26.00
26.00
26.00
UAE
39? API 0.75% sulfur
19.81
31.57
36.42
34.74
29.56
29.56
29.56
Venezuela
26? API 1.52% sulfur
17.22
28.44
32.88
32.88
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.
c Beginning in 1981 the price of Kirkuk (Mediterranean) is used in
calculating the OPEC average official sales price.
Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4
 Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4
OPEC: Average Crude Oil Official Sales Price
30.87
18.67
11.29 11.02 11.77 12.88 12.93
3.39
33.
37 33.
b/ 33.
53
32.
61
31.
74
30.41
31.08
28.72
28.77 28.75 28.72 28.69 28.70 28.59
23.55
20.14
17.08
13.79
Approved For Release 2010/08/03: CIA-RDP85TO1184R000100100001-4