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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 .

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M a il to :

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OR

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O F

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C ity , S ta te , Z IP

C ode

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