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L Q IT E D S T A TE S D E P A R T M E N T O F So c i a l a n d Ec o n o m i c St a t i s t i c s A d m i n i s t r a t i o n OF ANALYSI S B U R EA U EC O N O M I C - : = .. : "" W A SH I N G T O N , D . C . 20230 FOR RELEASE WEDNESDAY, FEBRUARY 5, 1975 Rober t B. Br et z f el der 523- 0948 ( Cur r ent Anal y s i s ) BEA 75- 07 Lov el l D. As hby ( Hi s t or i cal Dat a) 523- 0951 STATE AND REGI ONAL PERSONAL I NCOME: Changes i n t ot al per s onal THI RD QUARTER 1974 i ncome f r om t he f our t h quar t er of 1973 t o t he t hi r d quar t er of 1974 r anged f r om a 20 per c ent t o a 16 per c ent v i l l r epor t decr ease i n Sout h Dakot a, i ncr ease i n I daho t he Bur eau of Ec onomi c Anal y s i s i n t he J anuar y i ssue of t he Sur v ey of Cur r ent Bus i nes s , i t s mont hl y magaz i ne. The Bur eau of Ec onomi c Anal y s i s i s an agenc y of t he Soc i al and Ec onomi c St at i s t i c s Admi ni s t r at i on of t he U. S. Depar t ment of Commer c e. Dur i ng t he t hr ee- quar t er per i od, t ot al per s onal i ncome i nc r eas ed 6- l / 4 per c ent nat i onal l y , and c ons umer pr i c es r ose mor e t han 9 per cent . I n 43 St at es, r eal pur c has i ng power dec r eas ed f r om t he f our t h quar t er of 19T3 — t he peak quar t er i n r eal G N P — t o t he t hi r d quar t er of 1974 — t he l at es t per i od f or whi c h St at e dat a ar e av ai l abl e. I n seven St at es and t he Di s t r i c t of sonal i ncome equal ed or ex c eeded t he nat i f i ve of t hese, per s onal i ncome i nc r eas ed r eal pur c has i ng power i ncr eased, at l eas t Col umbi a, t he gai n i n t ot al per onal c ons umer pr i c e r i se. In f r om 10 t o 20 per cent , and t hus moder at el y, i n: I daho, Al aska, No t e : Tot al per s onal i ncome c ons i s t s of pr i v at e and gov er nment wage and s al ar y pay ment s i n cash and i n ki nd, ot her l abor i ncome, f ar m and non f ar m pr opr i et or s ' i ncome, i nt er est , net r ent s, di vi dends, and t r ans f er payment s , l es s per s onal c ont r i but i ons f or soci al i nsur ance. I t i s mea s ur ed bef or e t he deduc t i on of t ax es on per s onal i nc ome and of ot her per sonal t ax es and i s r epor t ed i n cur r ent dol l ar s ( not adj us t ed f or pr i ce changes) . ^ 6 - 1 9 ^ Tabl e B. — Per c ent Change i n Nonf ar m I nc ome and Tot al I V 19 7 3 . h i i 9 7 Per s onal U. S. Rank Nonf ar m Un i t ed St at es . . . . I nc ome h c hange = 100 Tot al Nonf ar m Tot al 7- 9 6 .2 10 0 10 0 l ^. 5 7. 1* 6 .9 2 0 .0 5. 6 181+ 13k 133 12 9 12 k 123 119 U9 118 116 115 115 Il k Il k 23k 119 111 323 90 15 2 k5 l 6l l l +2 19 2 l l *8 21 66 l k5 137 13 2 St at es i 2 3 4 5 6 T 8 9 10 11 12 13 — Al as k a . . . . . . . . . . . . . . . . . Mont ana . . . . . . . . . . . . . . . Sout h Car ol i na . . . . . . . . I daho . . . . . . . . . . . . . . . . . . Wy omi ng . . . . . . . . . . . . . . . Or egon . . . . . . . . . . . . . . . . Mi nnes ot a . . . . . . . . . . . . . Ar i z ona . . . . . . . . . . . . . . . Vi r gi ni a . . . . . . . . . . . . . . New Mex i c o . . . . . . . . . . . . Was hi ngt on . . . . . . . . . . . . I owa . . . . . . . . . . . . . . . . . . . Tex as . . . . . . . . . . . . . . Di s t r i c t of Col umbi a . . I k. 5 10 . 6 10. 5 10 . 2 9. 8 9- 7 9- k 9- 3 9- 2 9- 1 9- 1 9. 0 9- 0 2 .8 10 .0 8 .8 11. 9 9- 2 1. 3 i *. l 9- 0 It 15 16 IT 18 19 20 21 22 23 2k 25 26 27 28 29 30 31 32 33 3k 35 36 Connec t i c ut . . . . . . . . . . . Wes t Vi r gi ni a . . . . . . . . . Nor t h Dak ot a . . . . . . . . . . Mas s ac hus et t s . . . . . . . . . Nor t h Car ol i na . . . . . . . . Ar k ans as . . . . . . . . . . . . . . New Hamps hi r e . . . . . . . . . Ok l ahoma . . . . . . . . . . . . . . Tennes s ee . . . . . . . . . . . . . Cal i f or ni a . . . . . . . . . . . . Ut ah . . . . . . . . . . . . . . . . . . . Penns y l v ani a . . . . . . . . . . Mar y l and . . . . . . . . . . . . . . Nebr as k a . . . . . . . . . . . . . . Col or ado . . . . . . . . . . . . . . Ohi o . . . . . . . . . . . . . . . . . . Kent uc k y . . . . . . . . . . . . . . Al abama . . . . . . . . . . . . . . . New J er s ey . . . . . . . . . . . . Rhode I s l and . . . . . . . . . . Wi s c ons i n . . . . . . . . . . . . . I l l i noi s . . . . . . . . . . . . . . Mi s s i s s i ppi . . . . . . . . . . . 8 .8 8. 7 8. 7 8. 7 8 .6 8 .6 8. 5 8 . 1* 8. 3 8 .2 8 .2 8 .2 8 .2 8 .1 8 .0 8 .0 7- 9 7. 8 7. 8 7. 8 7- 7 7. 7 7. 6 8. 5 8 .2 - k. 5 8 .6 i *. 7 l *.l + 8 .1 6 .0 6 .6 7. 5 6 . 1* 7. 6 7. k - 3- 6 5- 5 7- 9 12 . 6 3- 3 7. 6 7- 7 1*. 7 6 .1 2- 3 11 1 110 no no 10 9 10 9 10 8 10 6 105 10 k 101+ 10 k 10 k 103 10 1 10 1 10 0 99 99 99 97 97 96 37 38 39 to tl t2 t3 tt t5 t6 t7 t8 t9 50 Fl or i da . . . . . . . . . . . . . . . New Yor k . . . . . . . . . . . . . . Mai ne . . . . . . . . . . . . . . . . . . Del awar e . . . . . . . . . . . . . . Loui s i ana . . . . . . . . . . . . . Kans as . . . . . . . . . . . . . . . . Nev ada . . . . . . . . . . . . . . . . Hawai i . . . . . . . . . . . . . . . . Ver mont . . . . . . . . . . . . . . . I ndi ana . . . . . . . . . . . . . . . Sout h Dak ot a . . . . . . . . . . Mi c hi gan . . . . . . . . . . . . . . Mi s s our i . . . . . . . . . . . . . . Geor gi a . . . . . . . . . . . . . . . 7. 3 7. 2 7. 1 7. 0 7. 0 6. 9 6. 7 6. 7 6 .5 6. 5 6. 5 6 .2 6 .1 5- 8 5- 7 6. 9 k- 3 k. 3 6 . 1* - 1- 9 6 . 1* 6. 9 i *.6 k. 9 - 16 . 2 5. 8 2. 5 2.1* 92 91 90 89 89 87 85 85 82 82 82 78 77 73 9. 0 5- 5 Il k 89 7- 8 n o 10 8 10 6 12 6 131 12 6 100 97 9- k 9- k — 139 76 71 131 97 10 6 12 1 10 3 123 n9 89 12 7 20 3 53 12 3 121* 76 98 37 92 ni 69 69 10 3 _ 10 3 111 7k 79 9k 1*0 39 Regi ons 1 Sout hwes t 2 Ro c k y Mount ai n . . . . . . . . New Engl and . . . . . . . . . . . Far Wes t . . . . . . . . . . . . . . 8. 7 8. 5 8.1* 7 Sout heas t . . . . . . . . . . . . Pl ai ns . . . . . . . . . . . . . . . . Mi deas t . . . . . . . . . . . . . . . 7. 9 7. 8 7. 7 8 Gr eat Lak es 7. 2 3 t 5 6 Source: ............. ....... 8.1 7. 8 6.0 .1 2 7. 3 99 97 n8 6.2 91 10 0 U.S. Depart m e n t of Commerce, Bu r e a u of Economic Analysis. Table A .— Total Personal Income, Regions and States (Millions of Dollars, Seasonally Adjusted at Annual Rates) 1973 St at e and r egi ón Per cent change I I 1974 I I I 1974 XV 19 73 I I I 19 74 IV I 1 , 0 70 , 98 k 1 , 10 2 ,2 2 8 1, 115, 437 1, 137, 537 1, 170, 937 6 .2 2. 9 64, 024 18 ,4 5 7 4, 229 3 0 ,8 9 7 3, 745 4 ,78 8 1,9 0 8 6 5,2 9 6 18 ,9 3 1 4, 373 31, 388 3, 884 4, 756 1, 965 6 6 ,758 19, 395 4, 452 32, 123 3, 966 4, 832 1, 990 69, 135 19, 920 4, 751 3 3 ,2 6 1 4, 104 4, 997 2 ,10 2 70 ,56 6 20, 544 4, 559 34, 087 4, 197 5, 123 2 ,0 5 6 8 .1 8 .5 4 .3 8 .6 8 .1 7- 7 4. 6 2 .1 3- 1 - 4. 0 2 .5 2- 3 2- 5 - 2 .2 Mi deast . . . . . . . . . . . . . . New Yor k . . . . . . . . . . . New J e r s e y . . . . . . . . . Pennsyl vani a . . . . . . . Del avar e . . . . . . . . . . . Mar y l and ........................ Di st r i ct of Col umbi a. 238, 734 10 ^ ,8 52 43, 250 59, 921 3, 408 2 2 ,6 8 2 4, 622 244, 948 107, 526 44, 297 61, 566 3, 499 23, 116 4 ,9 4 4 250, 132 109, 642 45, 696 6 2 ,78 2 3, 325 2 3 ,58 8 5, 099 2 5 6 ,19 0 112 ,3 6 1 4 6 ,6 9 8 64, 568 3, 447 23, 976 5, 14o 262, 714 114 ,9 70 47, 651 6 6 ,2 19 3, 651 2 4 ,8 3 2 5, 391 7- 3 6 .9 7. 6 7. 6 4. 3 7. 4 9. 0 2. 5 2. 3 2 .0 2 .6 5 .9 3 .6 4 .9 Gr eat Lakes . . . . . . . . . . Mi c hi gan . . . . . . . . . . . 219, 346 50, 592 55, 004 26, 552 65, 284 21, 914 227, 374 52, 427 5 6 ,6 70 2 7,9 0 4 67, 488 2 2 ,8 8 6 227, 171 51, 112 57, 042 27, 490 68, 424 23, 103 2 3 2 ,9 6 4 52, 356 5 8 ,16 3 2 8 ,13 4 70 ,16 3 24, 148 241, 496 55, 468 6 1,16 4 2 9 ,2 8 1 7 1,6 2 6 23, 958 6 .2 5- 8 7. 9 4. 9 6 .1 4. 7 3- 7 5- 9 5- 2 4. 1 2 .1 - 0 .8 8 8 ,58 2 2 0 ,6 6 5 17, 190 23, 063 3, 387 3, 190 8, 424 12 ,6 6 2 89, 664 21, 064 16 ,16 3 2 3 ,6 6 5 3, 592 3, 490 8 ,70 5 12 ,9 8 5 8 9 ,2 0 2 21, 136 15, 785 23, 904 4 ,0 0 0 3, 299 8 ,2 58 12 ,8 2 0 8 7,4 58 2 1 , 44 o 14, 746 23, 720 4 ,2 6 2 3, 247 7, 799 12, 244 89, 772 21, 659 16, 373 24, 252 3, 430 2, 924 8, 393 12, 742 0 .1 2 .8 1. 3 2. 5 - 4. 5 - 16 .2 - 3- 6 - 1. 9 2 .6 1.0 11. 0 2 .2 - 19- 5 - 9- 9 7- 6 4. 1 Sout heast . . . . . . . . . . . . Vi r gi ni a . . . . . . . . . . . West Vi r gi ni a . . . . . . Ke n t u c k y . . . . . . . . . . . Tennessee . . . . . . . . . . Nor t h Car ol i na . . . . . Sout h Car ol i na . . . . . Geor gi a . . . . . . . . . . . . Fl or i da . . . . . . . . . . . . Al abama . . . . . . . . . . . . Mi ssi ssi ppi . . . . . . . . Loui s i ana . . . . . . . . . . Ar kansas . . . . . . . . . . . 200, 141 24, 094 7, 172 13, 649 17, 075 2 2 ,5 18 10 ,6 3 1 21, 446 38, 414 13, 958 8 ,2 2 7 15, 148 7 ,8 10 20 6,8 8 8 2 4 ,3 70 7, 308 13, 840 17, 554 23, 975 11,2 2 7 21, 967 39, 747 14, 384 8, 694 15, 488 8, 333 20 9 ,0 55 24, 581 7, 599 14, 750 17, 935 24, 231 11,6 2 6 2 1,9 6 8 39, 706 14, 524 8, 784 15, 383 7, 968 213, 293 25, 418 7, 675 15, 690 18 ,4 5 6 24, 726 11,6 9 8 22, 007 41, 130 14, 455 8, 177 15, 875 7,9 8 6 2 19 ,2 8 5 2 6 ,50 6 7, 908 15, 589 18 ,72 0 2 5 ,10 1 12 ,0 0 6 22, 505 42, 012 14, 863 8 ,8 9 8 16, 476 8 ,70 1 6 .0 8 .8 8 .2 12 .6 6 .6 4. 7 6 .9 2. 4 5. 7 2. 3 6. 4 4. 4 2 .8 4 .3 3 .0 - 0 .6 1. 4 1- 5 2 .6 2 .3 2 .1 2 .8 8 .8 3- 8 9 .0 Sout hwest . . . . . . . . . . . . Okl ahoma . . . . . . . . . . . Tex as . . . . . . . . . . . . . . New Méxi co . . . . . . . . . Ar i z ona . . . . . . . . . . . . 81, 051 12 ,0 8 6 54, 700 4, 378 9 ,8 8 7 83, 954 11,8 9 9 56 ,6 6 7 4, 398 10 ,0 8 9 84, 723 12 ,10 7 57, 836 4, 591 10 ,18 8 84, 170 12 ,5 10 5 6 ,2 6 2 4, 776 10 ,6 2 2 87, 593 12 ,6 0 8 58, 971 4, 920 11, 093 5- 5 6 .0 4. 1 11. 9 10 .0 4. 1 0 .8 4 .8 3 .0 4 .4 Roc k y Mo u n t a i n . . . . . . . Mont ana . . . . . . . . . . . . I daho . . . . . . . . . . . . . . Wyomi ng .......................... Col or ado . . . . . . . . . . . Ut ah . . . . . . . . . . . . . . . 25, 817 3, 489 3 ,6 2 8 1,6 2 9 12 ,2 76 4, 795 2 6 ,5 72 3, 536 3, 4l 8 1, 741 12, 924 4, 952 2 7,76 0 3, 545 4 ,0 0 0 1 , 88 o 13, 350 4 ,9 8 5 28, 124 3, 409 4, 605 1, 807 13 ,2 0 6 5, 097 28, 642 3, 798 4 ,10 0 1,8 3 9 13 ,6 3 8 5 ,2 6 7 7 .8 7 .4 2 0 .0 5 .6 1. 8 11. 4 - 11.0 1.8 5 .5 3 .3 3- 3 ................... 146, 727 17,9 8 0 10 ,9 12 3, 156 114, 679 15 1,6 10 18, 527 11,2 2 8 3, 325 118, 530 153, 759 18 ,5 8 1 11, 597 3, 354 12 0 ,2 2 7 158, 930 19 ,10 2 11, 827 3, 515 124, 486 16 3 ,4 2 4 2 0 ,2 2 7 12 ,2 8 0 3 ,5 3 8 12 7,3 8 0 7 .8 9 .2 9. 4 6. 4 2 .8 5. 9 3- 8 0. 7 2. 3 Al as k a ............................ Hawai i ............................ 1, 965 4, 598 2, 032 4, 791 2 ,10 1 4, 777 2, 207 5,0 6 6 2, 326 5 ,12 0 Uni t ed St at es . . . . New Engl and . . . . . . . . . . Connect i cut . . . . . . . . Mai ne . . . . . . . . . . . . . . Mas s achuset t s . . . . . . New Hampshi r e . . . . . . Rhode I sl and . . . . . . . Ver mont . . . . . . . . . . . . . O h i o ........... .................... I ndi ana . . . . . . . . . . . . I l l i noi s . . . . . . . . . . . Wi sconsi n ...................... Mi nnesot a. ..................... Mi ssour i ........................ Nor t h Dakot a . . . . . . . Sout h Dakot a . . . . . . . Nebr aska . . . . . . . . . . . Kansas . . . . . . . . . . . . . Far West . . . . . . . . . . . . . Washi ngt on . . . . . . . . . Or egon . . . . . . . . . . . . . Nevada . . . . . . . . . . . . . fn- m i a III 1974 II III 1 i 3- 3 6. 4 7 .5 14. 5 5- 4 6 .9 1 .1 N o t e : — D e t a i l m ay n o t ad d t o t o t a l s b e c a u s e o f r o u n d i n g ; p e r c e n t a g e s a r e b a s e d o n t h e s e a s o n a l l y a d j u s t e d d a t a . Q u a r t e r l y t o t a l s f o r t h e St a t e p e r s o n a l in co m e s e r i e s w i l l n o t a g r e e w i t h t h e p e r s o n a l i n co m e m easu r e c a r r i e d i n t h e n a t i o n a l i n co m e an d p r o d u c t a c c o u n t s . Source: U.S. Department of Commerce, Bureau of Economic Analysis. 2 Kent uc ky , New Mexi co, Di s t r i c t of Col umbi a, t he r i se i n pr i ces. t i ons ar e Al as k a and per c ent or mor e) , al t and Ar i z ona. I n Or egon and Washi ngt on, and i n t he t he i ncr ease i n t ot al per s onal i ncome appr ox i mat ed Fi v e of t hes e seven f as t - gr owi ng St at es ( t he ex c ep Or egon) showed mar k ed i nc r eas es i n f ar m i ncome ( 10 hough nat i onwi de i t was down 30 per cent . At t he ot her end of t he scal e, t ot al per s onal i ncome i n cur r ent dol l ar s dec l i ned f r om 2 per c ent t o 1 6 per c ent i n f our St at es ( Kansas, Nebr aska, Nor t h Dakot a, and Sout h Dakot a) . Far m i ncome dr opped 30 per c ent or mor e i n t hes e St at es, and out wei ghed gai ns i n nonf ar m i ncome of at l eas t 6- l / Tper c ent . Nonf ar m I ncome A shar p pi c t ur e of t he geogr aphi c i mpact of t he onset of t he r ec es si on can be seen f r om t he St at e and r egi onal dat a on nonf ar m i nc ome. ( Rapi d and somewhat er r at i c c hanges i n f ar m i ncome t end t o bl ur under l y i ng economi c dev el opment s . ) The f i r st col umn of t abl e B shows t he St at e and r egi onal per c ent age changes i n nonf ar m i ncome f r om t he f our t h quar t er of 19 73 t o t he t hi r d quar t er of 1977, and t he second col umn shows changes i n t ot al i ncome f or eac h St at e. To f aci l i t at e compar i sons, i ndex es of t hese changes ( U. S. change equal s 100) ar e shown i n t he l ast t wo col umns. The St at e st at i s t i cs do not yet r ef l ec t ( as of t he t hi r d quar t er 197* 0 t he shar p det er i or at i on i n t he nat i onal ec onomy of t he pas t f ew mont hs. Fr om t he end of 1973 t o t he t hi r d quar t er of 197*+, r eal GNP dr opped 2- 3/ 7 per c ent and cur r ent dol l ar per s onal i ncome r ose 6- l / 7 per cent ; i n t he c l os i ng quar t er of 1 9 7 0 r eal GNP dr opped anot her 2- l / 2 per c ent and per s onal i ncome was up onl y l - l / 2 per cent . St at es wi t h l ar ge gai ns Nonf ar m i ncome has ex panded f ai r l y r api dl y i n onl y 13 St at es and t he Di s t r i c t of Col umbi a si nce t he end of 1973» t hey ar e: Al as ka, Mont ana, Sout h Car ol i na, I daho, Wy omi ng, Or egon, Mi nnes ot a, Ar i z ona, Vi r gi ni a, New Mexi co, Was hi ngt on, I owa, Texas, and t he Di s t r i c t of Col umbi a. The r el at i v el y good i ncome per f or manc e i n near l y al l of t hes e ar eas was mai nl y due t o unus ual st r engt h i n bas i c i ndust r i es: manuf ac t ur i ng and r ai ni ng, as wel l as cons t r uc t i on. The gai n i n manuf ac t ur i ng pay r ol l s i n 12 of t hese 13 St at es ex c eeded t he nat i onwi de adv anc e ( t he ex c ept i on was Al as k a) whi l e t he gai n i n c ons t r uc t i on pay r ol l s i n 10 St at es was abov e t he U. S. av er age ( t he ex c ept i ons wer e Ar i z ona, I owa, and Was hi ngt on) . The gai n i n mi ni ng pay r ol l s i n ei ght of t hes e St at es was al so abov e t he U. S. av er age ( t he ex c ep t i ons wer e Sout h Car ol i na, Mi nnes ot a, I owa, Texas, and Washi ngt on) . I n t he Di s t r i c t of Col umbi a, t he r i se i n nonf ar m i ncome was due t o an unus ual l y shar p r i se i n gov er nment pay r ol l s ( Feder al and St at e and l ocal ) . Ref l ec t i ng t he st r engt h i n bas i c i ndus t r i es i n t hes e St at es, ser vi ce i ndust r i es pay r ol l s wer e v er y s t r ong i n al l but Wy omi ng a n d New Mexi co. St at es wi t h anal i gai ns Whi l e nonf ar m i ncome adv anc ed i n al l St at es, t hey wer e es pec i al l y smal l , l ess t han T- l / 2 per cent , i n l 4 St at es: Geor gi a, Mi s s our i , Mi chi gan, Sout h Dakot a, I ndi ana, Ver mont , Hawai i , Nevada, Kansas, Loui si ana, Del awar e, Mai ne, New Yor k, and Fl or i da. Cons t r uc t i on pay r ol l s wer e of f s har pl y i n Nevada, Ver mont , Sout h Dak ot a Fl or i da, Loui si ana, Mi chi gan, Geor gi a, and New Yor k. Manuf ac t ur i ng wages wer e of f i n Hawai i and Nevada, and t he adv anc es i n f ac t or y wages wer e wel l bel ow t he nat i onal av er age i n Kans as , Del awar e, Mi s s our i , Mi c hi gan, Geor gi a, and I ndi ana. Feder al c i v i l i an Gov er nment pay r ol l s wer e of f i n Fl or i da, New Yor k, Mi ss our i , and Hawai i . Pr i mar i l y r ef l ec t i ng dev el opment s i n t hes e bas i c i ndust r i es, t he adv anc es i n most ser vi ce i ndus t r i es i n 11 of t hes e I n st at es wer e wel l bel ow t he nat i onal aver age. I n I ndi ana, t he advanc e equal ed t he nat i onal aver age; however , i n Fl or i da and Nevada, wher e hot el and amus ement ac t i v i t i es ar e i mpor t ant sour ces of bas i c i ncome, t he adv anc es i n i ncome f r om al l ser vi ce i ndus t r i es wer e somewhat abov e aver age. Addi t i onal dat a wi l l be publ i s hed i n t he J anuar y Sur v ey of Cur r ent Bus i nes s . The magaz i ne i s av ai l abl e f r om Di s t r i c t Of f i c es of t he Depar t ment of Commer ce and f r om t he Super i nt endent of Document s , U. S. Gov er nment Pr i nt i ng Of f i ce, Washi ngt on, D. C. , 20*4- 02, at an annual s ubs c r i pt i on pr i c e of $¿4-8 . 30 , i ncl udi ng week l y suppl ement s; si ngl e copy, $ 3 . 0 0 . At t ac hment s : Tabl es H O W ’S B U S IN E S S ? To g e t th e a n s w e r .. „ re ad th e m o n th ly S U R VEY OF CU R R E N T B U S IN E S S published by t h e B u r e a u o f Ec o n o m i c A n a l y s i s , So c i a l a n d Ec o n o m i c St a t i s t i c s A d m i n U.S. Depart m en t of Com m erce. istratio n , is f or businessm en, govern m ent ad m inist r at ors, t rad e associat ion ex ec ut ives, union of f icials, econom ist s, st at ist i cians, m ark et r esear cher s, and anyone else who wan t s to know, month by month, the st at e of t h e Nat io n ’s econom y. S U R V E Y is t he off icial sou rce of the Gross Nat ional Pr o d u ct st at ist ics and the st at ist ics on t he U. S. Balan ce of Paym en t s. S U R V E Y car r ies ar t icles on special sub ject s, such as St at e personal incom es, corporat e profits, business program s for new plant and eq uipm ent , foreign trade, Fed er al Gover nm en t receip t s and ex pendi t ures, and cu r r en t pr ice developm ent s. S U R V E Y S U R V E Y 12 m o n th ly issues a v e ra g in g 70 pages, in c lu d in g a b o u t 40 o f ta b u la r m a te ria l. And, a t no e x tra c o s t, a w e e k ly fo u r-p a g e sup p le m e n t to keep th e s u b s c rib e r p os ted on c u rre n t fig u r e s as th e y becom e a v a ila b le to th e Bureau o f Econom ic A n a ly sis. is s u e s s h o w m o re t h a n 2 , 5 0 0 s t a t is t ic a l s e rie s f o r e a c h m o n th o f t h e p a s t y e a r o r f o r e a c h q u a r t e r o v e r th e p a s t s e v e ra l y e a rs , p lu s a n n u a l d a ta f o r re c e n t y e a rs . $ 4 8 .3 0 p er an n u al su b scr ip t io n $ 6 0 .4 0 f oreig n _________ __________ J 1 C at alo g No. C5 6 . 1 0 9 : O r d er fro m : S u p e r in t e n d e n t of D o c u m e n ts G o v e r n m e n t P r in tin g W a s h in g to n , E n c lo s e d D .C . is th e C o m m e r c e F i e l d O f f ic e 20402 $ ............... O r c h a rg e to (s e n d o n ly check, m oney o rd e r, or S u p t. D ocs, c o u p o n s ). D e p o s it A c c o u n t N o .................. M a k e c h e c k o r m o n e y o r d e r p a y a b le to S u p e r in te n d e n t o f D o c u m e n ts . P le a s e e n t e r m y s u b s c r ip t i o n ( s ) t o t h e M a il to : A n y U .S . D e p a r t m e n t o f OR O f f ic e N am e A d d re s s S U R V E Y O F C U R R E N T B U S IN E S S .................................................................................................................................................... ...................................................................................................... C ity , S ta te , Z IP C ode I