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APRIL 1963

survey of




CURRENT
BUSINESS

U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

SURVEY OF CURRENT BUSINESS
VOL, 43, NO. 4

APRIL 1963

U.S. Department of Commeri
Luther H. Hodges
Secretary
Richard H. Holton
Assistant Secretary for
Economic Affairs

Contents

Louis J. Paradise
Managing Director

THE BUSINESS SITUATION

PAGE
1

Summary
Retail Sales Buoyant

Murray F. Foss
Editor
Billy Jo Hi
K. Celeste Stokes
Graphic
Statistics Editor
STAFF CONTRIBUTORS
TO THIS ISSUE
Business Review:

Recent Changes in Personal Income—Private Payrolls Move
Upward
,
,

3

Corporate Profits and National Output

5

Francis L. Hirt
Lawrence Bridge
Eleanor S. Kear
Robert E. Graham, Jr.
Articles:
Edwin J. Coleman
Edward A. Trott, Jr.
James M. Lazard
Elizabeth H. Queen
Edith Burton
John E. Flannery

ARTICLES
Regional Income Developments in 1962.

6

Size Distribution of Income in 1 9 6 2 . . . .

14

Jeannette M. Fitzwiliiams
May V. Hargreaves
Ann H. Cravens

CURRENT BUSINESS STATISTICS
General

*
S1-S24

Industry

S24-S40

Subject Index

Inside Back Cover

*

*

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issue 30 cents.
Make checks payable to the Supt
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Field Office.

U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., U.S. Courthouse. Phone 2470311.
Anchorage, Alaska, U.S. Post Office and Courthouse.
BR. 2-9611.
Atlanta, Ga., 75 Forsyth St. NW. JAckson 2-4121.
Birmingham, Ala., 2028 Third Ave. N. Phone 323-8011.
Boston, 10, Mass., Room 230, 80 Federal St. CApitol
3-2312.
Buffalo, 3, N.Y., 117 Ellicott St. TL 3-4216.
Charleston, 4, S.C., West End Broad St. Phone 7726551.
Cheyenne, Wyo., 16th St. and Capitol Ave. Phone
634-2731.
Chicago 6, III., 226 W. Jackson Blvd. Phone 828-4400.
Cincinnati 2, Ohio, 36 E. Fourth St. Phone 381-2200.
Cleveland 1, Ohio, E. 6th St. and Superior Ave. Phone
241-7900.
Dallas 1, Tex., Merchandise Mart. Riverside 8-5611.




Denrer 2, Colo., 142 New Customhouse. Phone 5344151.
Detroit 26, Mich., 438 Federal Bldg. Phone 226-6088.
Greensboro, N.C., 407 U.S. Post Office Bldg. Phone
273-8234.
Hartford, Conn., 18 Asylum St. Phone 522-1144.
Honolulu 13, Hawaii, 202 International Savings Bldg.
Phone 58831.
Houston 2, Tex., 515 Rusk Ave. CApitol 8-0611.
Jacksonville 2, Fla., 512 Greenleaf Bldg. ELgin 4-7111.
Kansas City 6, Mo., 911 Walnut St. BAltimore 1-7000.
Los Angeles 15, Calif., 1031 S. Broadway. Richmond
9-4711.
Memphis 3, Tenn., 212 Falls Bldg. JAckson 6-3426.
Miami 32, Fla., 14 NE. First Avenue. FRanklin 7-2581.
Milwaukee, Wis., 238 W. Wisconsin Ave. BR 2-8600.
Minneapolis 1, Minn., Federal Bldg. Phone 339-0112.
New Orleans 12, La., 333 St. Charles Ave. Phone 5292411.

New York 1, N.Y., Empire State Bldg. LOrigacre 33377.
Philadelphia 7, Pa., 1015 Chestnut St. WAlnut 3-2400.
Phoenix 25, Ariz., 230 N. First Ave. Phone 261-3285.
Pittsburgh 22, Pa., 355 Fifth Ave. Phone 471-0800.
Portland 4, Oreg., 217 Old U.S. Courthouse Bldg.
Phone 226-3361.
Reno, Nev., 1479 Wells Ave. FAirview 2-7133.
Richmond 19, Va., 2105 Federal Bldg. Phone 049-3611.
St. Louis 3, Mo., 2511 Federal Bldg. MAin 1-8100.
Salt Lake City 1, Utah, 222 SW. Temple St. DAvis
8-2911.
San Francisco 11, Calif., Room 419 Customhouse.
YUkon 6-3111.
Santurce, Puerto Rico, 605 Condado Ave. Phone 7234640.
Savannah, Ga., 235 U.S. Courthouse and P.O. Bldg.
A Dams 2-4755.
Seattle 4, Wash., 809 Federal Office Bldg. Mutual
2-3300.

By the Office of Business Economics

JD USINESS activity showed further
improvement in March with more
segments participating in the recovery.
Where advances in total income and
output had been at best small and
somewhat limited in scope in the early
winter, by March increases were both
larger and more widespread. With the
flow of income continuing favorably,
retail sales increased to a new high and
Easter business will exceed by a goodsized amount that of last year. Personal income in March rose by $1%
billion as a result of fairly general
advances in iionfarm employment. An
increase in the output of most industries
resulted in an appreciable rise in the
Federal Reserve index of industrial
production for the first time in 7
months.

Rise in first quarter GNP

Preliminary estimates of the gross
national product for the first quarter
indicate a substantial rise from the
fourth quarter rate. A large part of the
increase over the closing months of
1962 was attributable to the advance
in personal consumption expenditures,
which included both higher spending
for goods and a $2 billion rise in service
outlays. A significant increase took
place in inventory investment.
Government purchases of goods and
services continued the upward trend
that has occurred since the beginning of
1961 . Fixed investment, still essentially
lacking in vigor, declined but was
showing improvement toward the end
of the quarter. A good part of the
fixed investment decline centered in
residential construction outlays, which
were down significantly (roughly $1%
billion at an annual rate) for the first
3 months of the year, though it appears



that unusually bad weather was in part
an influence in dampening homebuilding activity. The maintenance of
high rates of housing permits suggests
some pickup in residential activity in
the months ahead.
Plant and equipment prospects

There were a few indications that
pointed to a reversal of the sluggish behavior that has characterized plant and
equipment outlays in recent quarters,
confirming the upturn projected in last
month's plant and equipment survey.
New orders received by manufacturers
in January and February were up over
the fourth quarter and were unusually
strong in the machinery industries. The
seasonally adjusted physical volume of
contract awards for industrial and commercial buildings has been rising stead-

ily since last September and in the first
2 months of this year averaged higher
than at any other time since the current
recovery started more than 2 years ago.
Steel output up sharply

On the basis of 2 months of actual
data and an estimate for March, it appears that inventory investment was
higher in the first quarter of 1963 than
in the closing quarter of 1962. Book
values increased at least as much in the
first 2 months of the quarter as they did
in the entire previous quarter, and with
output moving ahead, early indications
point to a further significant rise.
Steel demand is apparently being influenced once again by decisions by steel
users to accumulate steel stocks for a
possible strike in steel-producing plants
in midsummer, ingot production has
been expanding sharply for the past 9

For the first time in many years, the name of M. Joseph Meehan
does not appear on the masthead of the SURVEY OF CURREXT BUSINESS.
He had been its editor as far back as 1932, the year in which computation of the national income was authorized by the Congress, and had
been Director of the Office of Business Economics since 1949.
In the words of Secretar}^ of Commerce Luther H. Hodges:
"The Nation and the U.S. Department of Commerce have lost a
distinguished civil servant in the death of M. Joseph Meehan, Director of the Office of Business Economics. His career in the Department
spanned a 38-year period, during which the concepts he helped develop
•—such as the gross national product—have become world recognized
measures of economic activity. The high esteem in which the Office
of Business Economics is held throughout professional and business
economic circles is a mark of the dedicated service of this man."
"Mike" Meehan died suddenly at his home on Sunday, March 24,
just a week prior to the Office's moving from the Commerce Building
to new quarters.

SURVEY OF CURRENT BUSINESS
CONSUMER BUYING, INCOME, AND CREDIT
face of Retail Buying Quickens After Midwinter
With Rising Income and Increased Reliance
on Credit
Billion $

500

(ratio scale)

- SALES AND INCOME
(Annual Rate)

450
400

300

Retail Sales

250

200

I M M i 1 i M i i I n f ? i f n f n 11 n M f < n i i
With Rising Demand, Particularly for Autos,
Credit Extensions Have Exceeded Repayments
Since Mid-1961

6.0

this year, however, receipts and consumption were in approximate balance,
so that inventories have remained close
to the low point of December 1962 and
are much less than the carryover of
December 1961, the start of the 1962
buying wave.
March production data by metal
fabricating industries point to a pickup
in steel consumption, but even aside
from this, lack of seasonal factors makes
difficult a careful assessment of the steel
inventory buildup that seems to be suggested by the unadjusted March production data. In any case, it should be
borne in mind that durable goods manufacturers as a group were planning a
good-sized advance in seasonally adjusted inventories in the second quarter-—about $/4 billion-—according to last
month's anticipation surveys conducted
by the QBE.

April 1963
STEEL OPERATIONS IMPROVE
Steel Output Has Been Advancing Sharply and
Is Approaching the 1962 Highs
Million Tons
150

By the End of 1962 Consumption and Receipts Were About
Back in Balance
Million Tons
CONSUMERS, MANUFACTURERS ONLY (Finished Stee!)

10

-

February Stock-Consumption Ratio Still Below Level Prevailing

CONSUMER CREDIT

Just Before 1962 Buildup

5.5

Retail Sales Buoyant

5.0
4.5

4.0

3.5

1961

1962

1963

Seasonally Adjusted
Data: FRB & QBE
U.S. Department of Commerce, Office of Business Ecenomics

63-4-1

weeks and is now back to the exceptionally high level of early 1962, when
steel users were stockpiling heavily as a
strike hedge. Output in March, over 10
million tons of ingots and castings, was
8 percent above February, after seasonal adjustment; this followed a rise of
6 percent from January to February and
smaller month-to-month gains after
July 1962. For the first week in April,
production advanced further to 2.4 million tons—an annual rate of about 125
million tons (unadjusted) and some 6
percent above the March weekly average.
As shown in the chart, the rapid
buildup in finished steel inventories
held by manufacturers in early 1962 was
followed by a long period of liquidation
which continued through December of
that year. In January and February of



Consumer spending has been making an important contribution to the
growth in overall economic activity in
recent months. A brisk pace of buying in February and again in March
has pushed retail sales forward to new
highs after several months of little
change. Advance estimates for March
place retail sales at $20.7 billion, 1 percent above February, seasonally adjusted, and 7 percent above March a
year ago. Since March of 1961, which
was virtually the trough of the recession, the gain has amounted to almost
15 percent, most of which represents an
increase in the physical volume of goods.
Retail sales in the opening quarter
of this year were 2 percent above those
in the final quarter of 1962, and virtually every major line of trade contributed to the advance. Automotive
dealers' sales were little changed from
the exceptionally high fourth quarter
rate, but nondurable goods stores
showed a better performance.
The increased consumer buying at
retail stores has been financed primarily
by a larger income flow and also by
the willingness of consumers to incur
additional debt-—mainly, though not
exclusively, for automobile purchases.
Personal income increased more than
10 percent from early 1961 through

1962

Monthly, Unadjusted
U.S. D«p«rtTi«nt of Commttce, 0«ic« at Business Economic*

March 1963. The income rise throughout this period has been persistent,
though somewhat uneven, as pointed
out further on in this issue.
Autos lead widespread sales rise

This upward movement in retail sales
has been led by vigorous sales of new
automobiles since the fall of 1961, but
other lines of trade have also participated in the favorable trend. From
March 1961 through March 1963 sale
by automotive dealers of new and used
cars and trucks, parts, and services
have increased in total about 25 percent, while all other durables were up
about one-sixth. In the most recent
months the automotive group has held
at record rates in terms of dollar receipts. Sales of new domestically produced automobiles in the first quarter
were roughly 7K million units at a seasonally adjusted annual rate, about the
same as in the fourth quarter of 1962
and not far short of the pace-setting

SURVEY OF CURRENT BUSINESS

\pril 1963

-ear of 1955. The seasonally adjusted
igures should be used with caution in
dew of the difficulties with seasonals
A this industry.
Furniture and appliance sales have
ilso shown some vigor. The advance
'stimate for March for this group was
ip sizably from February. In the 2
/-ears, March 1961 to March 1963, furlit ure and appliance sales have inTeased about 20 percent; housefurnishngs prices, it may be noted, have fallen
>ver 1 percent in this same period.
Sales by lumber, building materials,
ind hardware stores, which had hit a
cyclical low in February 1961 simultaleously with residential construction
SALES OF RETAIL STORES
General Merchandise Stores and Automotive
Dealers Have Paced a Widespread Rise in Sales
NONDURABLE GOODS STORES
Billion $

(ratio scale)

TOO
Excluding Food and
General Merchandise

80
70
60
50

Food

40

General Merchandise

\

30

20
DURABLE GOODS STORES

50

Automotive

activity, have since moved up about
10 percent. Sales have shown considerable fluctuation during this period,
but have not fully matched the recovery
in housing outlays.
The rise in nondurable goods store
sales in the past year or two has been
somewhat more moderate than durables, although the relative price increases have been similar. Food stores,
which with current sales of about
$5 billion a month, account for well
over one-third of all nondurable goods
sales, have recorded a slow, persistent rise
somewhat faster than the increase in
population, after allowance for the 2
percent price rise since early 1961.
Food store sales have shown a quickening pace during the first quarter of
1963, largely due to higher prices.
General merchandise stores (department stores, mail order, and variety
stores) have been the leaders in the nondurable category. With a large rise
of about 4 percent in the advance
March estimates after seasonal adjustment—part of which represented a
reaction from the effect of bad weather
in many parts of the country during
January and February—the general
merchandise group is now at an alltime peak. First quarter sales for
this group were 2 percent higher than in
the final quarter of 1962.
Apparel store sales are up substantially from their 1961 low, and
have shown a moderate rise in recent
months, after seasonal adjustment;
prices have advanced less than 1 percent in the past 2 years. Sales gains
over this period have been quite similar
in the men's and boys' wear and in the
women's apparel and accessory stores.
Sales of shoe stores have shown a somewhat larger year-to-year gain than
have other clothing stores.
Recent Changes in Personal
Income

40

Private payrolls move upward

The most significant development in
income
changes in the past 2 months
\
ExclW/njt AufomoffVQ
is that increases in private wage and
25 I M I 1 1 I i M I I I M M I I 1 I M I 1 ! M I T M T M salary payments have accelerated, fol1961
1962
1963
lowing a period of relatively slow
Seasonally Adjusted, at Annual Rates
movement from the middle of last
Census & QBE
summer to the early part of this year.
U.S. Department of Commerce, Office of Business Economics
63-4-2
30




From July 1962 to January 1963
private payrolls, which account for
about 55 percent of total personal income, in aggregate advanced by only
$250 million per month (seasonally
adjusted annual rate) after having increased by $1 billion per month over
the preceding year. This February,
however, these disbursements advanced
$1.8 billion and in March, there was an
increase of about $1 billion.
The payroll rise since January has
reflected mainly a step-up in employment;
both hourly earnings and hours of work
have not increased much. Employment in private nonfarm establishments
rose successively in February and
March 1963, and at the end of the
quarter stood more than 300,000 higher
than the fourth quarter 1962 figure,
which in turn had fallen by 125,000
from last year's second quarter.
The chief drag on the income rise in
the second half of 1962 had centered in
manufacturing, although in nonmanufacturing industries also payroll advances were slower than they had been
earlier in the recovery that started in
1961. From the second quarter of last
year to this January manufacturing
payrolls fell slightly—from about $94%
to approximately $94 billion, at seasonally adjusted annual rates. Factory
employment fell by more than 250,000,
and hours of work were down, after
adjustment, but a large portion of this
decline in man-hours was offset by
somewhat higher average hourly earnings. A good part of the recent improvement is now taking place in those
industries in which last year's slowdown
originated, such as iron and steel, where
production worker payrolls had been
slashed by some 15 percent from last
spring to early fall as a result of the
sharp production cutbacks occasioned
by last year's steel inventory liquidation. By February total payrolls in
durable goods manufacturing were at a
new high.
Payrolls in distributive and service
industries have continued to register
good-sized advances although increases
since mid-1962 have been somewhat
smaller than those in the first half of
last year. In the rapidly growing
service group which also includes finance
and real estate, payrolls are currently

SURVEY OF CUKRKXT BUSINESS
some 15 percent above those of 2 years
ago.
Continued rise in government
payrolls

The steady rise in government payrolls was an important force sustaining
incomes during the second half of last
year, when private payrolls were advancing slowly. Rates of increase in
WAGE AND SALARY DISBURSEMENTS
Change From Previous Quarter, . .
Payroll Rise Accelerated Somewhat in Early
1963 Following Small Advances in Second
Half of 1962

Billion $
8 -

6

TOTAL

-

-

-

r~i

p.

4 -

n

rt

nn 1 '

-

0

Government Increase Has Been Steady;

- GOVERNMENT

First Quarter Improvement Concentrated
in Private Payrolls . . .

PRI ^A TE

6
4

-

2
0

LJ

Hi

,n nn n •

1

?
With Both Commodity-Producing
and Other Private Industries Rising

6

.

COMMODITY -PRODUCING
INDUSTRIES (Private)

4 -

-

2 -

-

0
2

u

nfl.n

4 - OTHER PRIVATE
2
0

recent months have not differed appreciably from the gains registered earlier
in the recovery.
The strong upward postwar trend in
State and local government payrolls
has COM tin n eel into the early part of
this year, paced by large advances in
salaries for public education. Federal
wage and salary disbursements have
also continued upward, particularly
since last fall, when a general rise in
Federal pay scales was put into effect.
Military payrolls, however, are not so
high as they were a year ago because
of the demobilization of the reserve
units t h a t were called up in late 1961
at t h e time of t h e Berlin crisis.

"nFinn,
1961

nllnn.n •
1962

1963

Quarterly, Seasonally Adjusted, at Annual Rates
- Department of Commerce, Office of Business Economics




63-<M

Other earned income

In contrast with the behavior of wage
and salary disbursements over the past
year, property income of persons—
personal interest, dividends, and rental
income—has continued to rise at a
fairly steady pace. These three items
combined averaged close to $61 billion
(annual rate) in the first quarter of this
year and were $3%-$4 billion higher
than in the same quarter of 1962. The
effect of this increase on spending at
retail is probably less than an equivalent
increase in labor income because the
property total includes imputations
(such as imputed rents of owneroccupied homes) and because recipients
of property income generally tend to
save larger shares of their income.

April 1003

rates to disabled veterans. This represented a permanent advance, as distinct
from the payment of the special life
insurance dividend to veterans this
January.
Unemployment insurance payments
have fallen considerably since insured
unemployment was at its high in the
spring of 1961. At that time, as a
result of the newty enacted temporary
unemployment program, benefits were
running at an annual rate of $6 billion
Decreases in unemployment, however
arid the cessation of the temporary
program in mid-1962, resulted in a drop
in these payments of more than 5C
percent in the summer of 1962. Since
then there has been a modest increase
in U.I. benefits.
Rise in Social Security taxes

Effective January 1 of this year Socia"
Security taxes were increased from 3};
percent to 3% percent for both employers and employees, while the selfTOTAL TRANSFER PAYMENTS
Have Shown Steady Uptrend in Current Recovery,
January Increased by Special Life Insurance
Dividend Disbursements to Veterans

Transfer Payments

3,0

2.0

Transfer pay m ents

Transfer payments in aggregate have
increased comparatively little over the
past 6 months. The March 1963 total,
at a seasonally adjusted annual rate of
$35)2 billion, was about unchanged
from the October 1962 rate but was $1
billion higher t h a n in March of 1962.
OASI benefits are currently running
in the neighborhood of $15 billion and
have advanced about $1 billion in the
past year. An increase of similar size
has also occurred in other government
retirement, insurance, and pension benefits (including major types of payments
to veterans)—now in the neighborhood
of $10 billion. Transfers were increased
by more than $1 billion at an annual
rate in the fourth quarter of last year
as a result of increased compensation

(ratio scale)

Billion

4.0

I i i i i i 1 i i i i i I i i t t t ( t i i t i I i i i t
Secular Uptrend in OASI Benefits Contrasts
With Cyclical Fluctuations in Unemployment
Compensation

1.5

Old-Age ana1 Survivors Insurance
Benefits

1.0
.9

.6

UNEMPLOYMENT PAYMENTS
/nc/. Temporary
Extended Unemployment
Compensation

.5
.4

Excl. Temporary
Extended Unemployment
Compensation
I

1961

1962

1963

Seasonally Adjusted
U.S. Department of Commerce, Office of Business Economics

63-4-5

April 1963

employment tax was raised from 4.7 to
5.4 percent. The employee and selfemployed portion—which is included
under "personal contributions for social
insurance"—is subtracted in arriving at
the personal income total. The latest
tax increase has raised these deductions
by approximately $1 billion at an
annual rate. When these contributions
are netted against the transfer payments
for the past 3 months it appears that,
exclusive of the special life insurance
dividend in January, there has been a
decline of about $% billion in the net
transfer payments total over the past
year.
Corporate Profits and National
Output
Corporate earnings before taxes rose
sharply in the fourth quarter of 1962 to
a record annual rate of $54 billion, up $3
billion from the third quarter. Nearly
one-third of the increase was due to a
rise in the inventory valuation adjustment which eliminates from profits inventory losses due to price declines.
Book profits, which include inventory
valuation losses rose $2 billion to an alltime high in the final quarter of 1962.
The $6 billion advance in 1962 corporate earnings over those in 1961 carried
the total for last year to a record high
of $51% billion. This relatively large
increase from 1961 to 1962 reflected the
fact that profits in 1961 as a whole were
cyclically low despite their sharp recovery in the last three quarters of the
year. Throughout 1962 profits were
maintained at the comparatively high
level set in the final quarter of 1961.
The year end increase in profits was
a continuation of the advance initiated
in the third quarter mainly in durable
goods production, normally the leader in
corporate earnings trends. The fourth
quarter gain was widespread by industry.
The additional depreciation permitted
under the liberalized guidelines issued
by the Internal Revenue Service in 1962
and the investment tax credit have been
excluded from the 1962 compilation of
corporate profits and tax liabilities. It
is estimated tentatively that these
measures will increase depreciation $2.2
billion and reduce tax liabilities by $1.8
billion.



SURVEY OF CUPvEENT BUSINESS
Table 1.—Corporate Profits
(Billions of dollars)

1962
1961 IV
1961

1960

I

1962

II

III

IV

Seasonally adjusted, at annual rates
Corporate profits and inventory valuation adjustment:
Total, all industries
Profits before tax _ _
Profits tax liability
Profits after tax
Dividends.. _
Undistributed profits

45.6

45.5

51.5

51.1

50.4

50.7

51.0

54.0

45.4
22.4
23.0
14.4
8.6

45.6
22.3
23.3
15.0
8.3

51.3
25.0
26.3
15.9
10.3

51.4
25.1
26.3
15.5
10.8

50.1
24.4
25.6
15.8
9.9

50.9
24.9
26.1
15.8
10.3

51.1
24.9
26.1
15.8
10.3

53.2
26.0
27.3
16.4
10.9

.2

.0

.2

-.3

.3

-.2

-.1

.8

24.0
12.2
11.8

23.5
11.7
11.7

28.0
14.9
13.1

27.5
14.9
12.6

27.0
14.2
12.8

27.1
14.3
12.8

28.1
15.3
12.8

29.7
15.8
13.9

Inventory valuation adjustment
By broad industry groups:
Manufacturing. _. _.
Durable goods industries ...
Nondurable goods industries
Transportation, communications, and public
utilities
All other industries..- _ ... _

7.0

7.4

8.0

8.0

8.1

8.0

7.9

8.0

14.6

14.7

15.6

15.6

15.4

15.7

14.9

16.3

With fourth quarter profits data now
available, national income for 1962 is
estimated at $458 billion. Apart from
the rise in corporate profits, there were
increases of $19% billion in employee
compensation, $2 billion in both proprietors' incomes and in net interest,
and a small rise in rental income.

Corporate gross product excludes production and earnings of U.S. corporations from their foreign branches and
from their investments abroad. Correspondingly, no deduction is made from
domestic production on account of foreign investments in the United States.
Because of these differences in definition, the profits total used in the following discussion is approximately $2K
billion less than the overall figures discussed in the preceding section. As
noted, the estimates of corporate profits
and depreciation used herein exclude
the effects of the 1962 liberalization of
depreciation procedures.
(Continued on page IS)

Profits and product

The November SURVEY, presented
quarterly estimates of corporate gross
product and its main components for
the period 1947 through the second
quarter of 1962. Table 2 extends these
estimates through 1962.

Table 2.—Corporate Gross Product
Percent distribution

Amount (Billions of dollars)

1962
1961
IV
1961

1962

I

II

III

IV

First
half
1957

1962

1961
IV

1962

I

II

III

IV

Seasonally adjusted at
annual rates
Corporate gross product

287.9 309.0 300.0 302.7 308.7 310.1 314.4 100.0 100.0 100.0 100.0 100.0 100.0

Indirect taxes
30.3 32.5 31.4 31.6 32.5 32.6 33.3
Capital consumption allowances *
27.5 29.2 28.5 28.7 29.1 29.4 29.7
Income originating in corporate business
230.0 247.2 240.2 242.3 247.1 248.1 251.3
Compensation of employ185.8 197.2 190.5 193.5 197.8 198.4 199.0
ees
Net interest
.9
1.0
1.0
1.0
1.1
1.0
1.0
Profits before tax, including inventory valuation
adjustment 2
43.3 49.0 48.7 47.8 48.3 48.7 51.3

10.5

10.5

10.4

10.5

10.5

8.6

9.4

9.5

9.5

9.4

9.5

9.4

81.8

80.0

80.1

80.0

80.0

80.0

80.0

65.2
.2

63.8
.3

63.5
.3

63.9
.3

64.1
.3

64.0
.3

63.3
.3

16.5

15.9

16.2

15.8

15.6

15.7

16.3

1. Excludes additional depreciation taken under the 1962 liberalized guidelines.
2. Excludes profits originating in the rest of the world.
Source: U.S. Department of Commerce, Office of Business Economics.

100. •

9.5

10.6

By EDWIN J. COLEMAN

Regional Income Developments in 1962
the Nation continued its economic Per capita incomes
advance in 1962, individual incomes, the
Per capita personal income amounted
most comprehensive measure of eco- to a record $2,357 for the Nation last
nomic activity available on a geo- year—4 percent, or nearly $100, more
graphic basis, rose to record highs in all than the 1961 average. Regional per
States.
capita income increases from 1961 to
Nationally, personal income totaled 1962 ranged from 1 to 6 percent. With
$438 billion—$24 billion, or 6 percent, consumer prices up about 1 percent,
more than in 1961. In New Eng- these current-dollar gains imply almost
land, Plains, and Southeast, regional equivalent advances in real income in
advances matched the national rate. most areas.
In the Rocky Mountain and Far West
By States, average incomes in 1962
areas, the increase was slightly higher varied from $3,176 in Nevada to $1,282
(7 percent), while in the Mideast, in Mississippi.
Other top-ranking
Southwest, and Great Lakes regions, States—all with per capita incomes of
it was a little less (5 percent).
more than $2,500—were Connecticut,
Largest percentage increases in in- Delaware, New York, New Jersey,
come last year were achieved in the California, Illinois,
Massachusetts,
smaller States and in most instances Maryland, and Alaska. In the District
resulted from sharp improvements in of Columbia, per capita income reached
farm income. In both the Dakotas, a new high of $3,351.
Nebraska, Montana, Idaho, Utah,
Income Changes in 1962
Arkansas, Arizona, Nevada, Maryland,
and Virginia, 1961-62 income gains
Cyclical recovery had spurred the
ranged from one-twelfth to more than
income rise in the later quarters of 1961,
two-fifths. In the first six States listed,
and 1962 saw further moderate exthe rise in farm income was much
pansion in most industries as all types of
greater than that in nonfarm income. production moved ahead. With emFor perspective, it may be noted, ployment and productivity expanding,
however, that each of these States had income rose in nearly all industrial
sustained farm income declines in 1961, sectors.
so that part of the 1962 rise represented
no more than a recovery of previous National developments
losses.
State differences in the movement of
In Arkansas, Arizona, Nevada, total income in a year such as 1962,
Maryland, and Virginia gains were when incomes from most industrial
scored in most major income sources. sources were increasing with comparaNevada benefited especially from con- tive uniformity, can be traced to (1)
struction and those activities oriented State differences in rates of change
to the tourist industry, while stepped- within selected industries, and to (2)
up Federal disbursements and expan- differences in industrial structure. In
sion in the service industries were 1962, these differences reflected mainly
particularly important in the income developments in manufacturing, farming,
rise in Maryland and Virginia.1
and government.
Nationally, the largest personal income gains originated in government,
i Estimates of personal income by States for all years since
manufacturing, and in trade and service
1929 may be found in the following publications of the Office
of Business Economics: "Personal Income by States Since
activities. Changes in the last two
1929." This supplement to the Survey of Current Business
contains estimates of total income for the years 1929-53 and
industries were relatively uniform
of per capita income for the period 1929-49. Estimates of
total income since 1953 and of per capita income since 1949
among States. The change in farm
are contained in the August 1962 issue of the Survey.
6




income, though small for the country
as a whole, was the composite of sizable
increases and decreases in individual
States. In many instances this income
source was the dominant factor influencing a State's rate of income
increase.
Manufacturing

expands

Nationally, earnings paid to individuals employed in manufacturing
rose 7 percent from 1961 to 1962, a
top-ranking rate of gain among major
industrial sectors.
Geographical unevenness characterized changes in the earnings of persons
in this industry because, in large part,
the recession had struck with uneven
force in the various States, and the
speed and extent of recovery showed
corresponding variations. These,
coupled with the substantial State
differences in the importance of manufacturing in the income structure of the
various States, gave the industry an
unusually strong influence in effecting
relative changes in the rate of income
flow last year.
In nearly all nonfarm States, factory
earnings rose at rates equaling or
bettering income increases from sources
other than manufacturing. But it
was in the Great Lakes and Southeast
that the expansion in this industry
was most p r o n o u n c e d . In both
regions, manufacturing was the economic pacesetter and was directly
responsible for boosting the rate of
income gain.
In the Great Lakes States, the rise
in personal income from manufacturing
reflected mainly a recovery from recession. In the automobile industry, in
particular, factory payrolls rose sharply,
and their impact centered in the Great,
Lakes region where three-fourths of the
industry is c o n c e n t r a t e d . It was
primarily responsible for boosting earnings of factory workers in Michigan by
more than one-tenth. Automobile

SUKVEY OF CURRENT BUSINESS

April 1963

production also contributed to Indiana's
advance of 10 percent in earnings from
factory activity. In similar fashion,
there was a resurgence of income from
other durable goods manufacturing in
the Great Lakes region.
In the Southeast, increased activity
in the apparel, textile, and transportation equipment industries accounted for
most of the increases of one-tenth or
more in earnings of manufacturing employees in Virginia, South Carolina,
Georgia, Mississippi, and Arkansas. To
some extent these increases, like those
in the Great Lakes, reflected cyclical
recovery, but to a greater degree they
were an extension of long-term industrial growth.
Other States with a relative gain of
one-tenth or more in income from manufacturing include Washington, Nevada,
Utah, New Mexico, and Arizona. In
all but the last of these, the overall
change mirrored developments (generally national in scope) in the one or
two industries that dominated the
States' industrial structure. In both
Washington and Utah, it was missiles
and aircraft; in Nevada, printing; while
in Arizona, the increase in manufacturing income reflected a general advance

in most of the State's manufacturing
establishments.
Farm income volatile

Nationally, farm income in 1962
was down a little—3 percent-—from
the previous year's $16 billion total.
However, the decline at the national
level was for the most part the
result of counter-movements among
the individual States, with half of them
sustaining declines and the other half
registering gains.
In general, the largest geographical
changes in farm income stemmed from
developments in crops, the most spectacular of which occurred in North
Dakota. Here, a tremendous improvement in the wheat yield, the largest output of rye since 1927, and bumper crops
of oats, flaxseed, and barley, led to a
more than threefold increase in farm
income.
Among other Plains States, unusually
large increases in farm income in
Nebraska and South Dakota—one-fifth
and two-fifths, respectively—contributed heavily to the overall income flow.
In Kansas, sharp curtailment of
wheat production was a major factor
in the drop of one-fourth in agricultural

income. This, in turn, held the relative
increase in total income to 2 percent—
one of the smallest year-to-year gains
in the Nation. Similarly, a decline in
farm income in Minnesota limited the
overall income gain significantly.
In the Rocky Mountain States other
than Colorado, farm income provided
a good boost to income as cash receipts
from livestock rose sharply and government payments to farmers were considerably above those in 1961. In
Colorado, lower cash receipts from
wheat and dairy products were mainly
responsible for a drop in agricultural
income which, in turn, held the rise in
aggregate income to 4 percent.
Government increases uniformly

From 1961 to 1962 income from
government—the total of all income
disbursements made directly to individuals by Federal, State, and local
government agencies—expanded 7 percent. The geographical uniformity of
increase was greater in government
than in any other major income
component.
The expansionary influence of government came mainly from State and
local agencies whose disbursements
were up almost one-tenth throughout

1957-62 COMPARATIVE REGIONAL GROWTH IN:
1. TOTAL PERSONAL INCOME

D

(D

2. POPULATION

ercent Increase

10

j

20

i

Percent Increase

30

i

40

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UNITED STATES

Far West

3. PER CAPITA INCOME

10

i

20

,

Percent Increase

30

i

40

i

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50

|

10
f

20
i

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Rocky Mountain

Southeast

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Southeast

Southwest

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Southwest

New England

$55$$S$55^5J

New England

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New England

Plains

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Far West

^^

sssa

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Rocky Mountain

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UNITED STATES

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Rocky Mountain

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Great Lakes

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50

SURVEY OF CURRENT BUSINESS
the Nation. In only five States did
the change in State and local government income disbursements in 1962
differ by more than 1 percentage point
from the national rate. These included
Kentucky, and the District of Columbia
where income from State and local
governments showed only a small
change. In Kentucky, the main factor
was the near completion in 1961 of the
payment of a State bonus to veterans,

while in the District of Columbia, a
leveling off in the volume of payrolls
was the major influence.
Federal disbursements rose only 5
percent in the country as a whole from
1961 to 1962, but the sharp State-byState variations in rates of change in
this income component were responsible for most of the interstate variations in total government income
disbursements.

Table 1.—Total Personal Income, by States and Regions, Selected Years 1
Amount (millions of dollars)
State and Region
1957

United States. __

1961

1962

Percent of United
States
1957

1962

Percen change

1957 to
1962

1961 to
1962

348, 724

414,022

437, 924

100. 00

100.00

25

22, 793

27, 018

28, 523

6.54

6.51

25

6

1 590
1,071
628
11,346
1, 694
6, 464

1,828
1,323
750
13, 598
1, 951
7, 568

1, 906
1, 409
788
14, 320
2, 062
8, 038

.46
.31
. 18
3.25
.49
1. 85

43
.32
.18
3.27
.47
1.84

20
32
25
26
22
24

4
6

88, 586

103, 022

108, 449

25.40

24.77

22

5

41, 190
14 205
•>3 525
1,215
6, 381
0
070

48, 504
16, 948
25 933
1, 380
7, 880
2, 377

50, 982
17, 950
26, 938
1, 452
8, 500
2, 627

11. 81
4.07
^35
1.83
. 59

11. 65
4. 10
6. 15
.33
1.94
.60

24
26
15
20
33
27

8
11

78, 469

87, 728

92, 404

22. 50

21.11

18

5

16 9'?3
20, 906
9, 212
23, 941
7,487

18, 054
23, 013
10, 426
27, 410
8, 825

19, 168
24, 111
11,093
28, 718
9, 314

4. 85
5. 99
2. 64
6.87
2. 15

4.38
5. 51
2. 53
6. 56
2.13

13
15
20
20
24

6

28 099

33,318

35,216

8.05

8.05

25

6

6, 173
5, 110
8. 310
939
1,091
2, 638
3, 838

7, 458
5, 902
9, 869
1,000
1, 294
3, 102
4,693

7, 750
6,110
10,315
1,428
1, 472
3, 339
4, 802

1. 77
1. 46
2.38
97
.'31
. 76
1. 10

1. 77
1 . 39
2. 36
.33
.34
. 76
1. 10

26
20
24
52
35
27
25

4
4

53, 790

65, 178

69, 230

15. 42

15.80

29

6

6. 386
3, 082
4. 203
4, 864
5 976
2. 818
5, 432
7. 763
1. 206
2 116
4, 884
2, 060

7,743
3, 126
4, 998
5, 803
7 576
3, 450
6. 573
10, 263
4, 926

1. 83
.88
1. 20
1. 39
1.71
.81
1. 56
2. 23
1.21
.61
1.40
. 59

1.91
.74
1.20
1.39
1. 85
.84
1.60
2. 49
1. 18
.66
1. 30
. 64

31

8
4

5,' 400
2, 598

8,371
3, 243
5, 256
6, 103
8. 084
3, 692
7, 029
10, 903
5, 104
2, 881
5, 710
2, 794

5
25
35
31
29
40
23
36
17
36

23, 697

28, 622

30, 170

6.80

6.88

27

3. 730
16, 556
1,401
2,010

4, 457
19, 503
1, 777
2, 885

4, 661
20, 535
1, 860
3, 114

1.07
4.75
.40
.58

1. 06
4. 69
.42
. 71

24
33

7, 830

9,477

10, 169

2.26

2.32

30

7

1,280
1.072
650
3, 367
1, 461

1,339
1, 236
768
4,312
1, 822

1, 572
1, 342
795
4, 480
1, 974

.37
.31
. 19
.97
.42

.36
.31
. 18
1.02
.45

23
33
35

17
9
4
4
8

....

45, 460

57, 484

61,524

13. 03

14.05

35

7

Washington
. . . .
Oregon.. .
... _ ._
Nevada
C'alifornia - . . . . ... ..

6,911
4, 089
898
45, 586

7, 422
4, 323
1,064
48, 715

1. 67
.97
.19
10. 20

1. 69
.99
.24
11. 13

27

. ...

5, 832
3, 400
646
35, 582

65
37

f,
18
7

\laska
Hawaii

_ . _ .... ..

537
1. 098

630
1,545

642
1, 597

. 15
.31

. 15
.36

20
45

3

New EnglandMaine
New Hampshire
Vermont
Massachusetts
Rhode Island.. . . . . . _ .
Connecticut

. . _ _

Mideast
New York
New Jersey
Pennsylvania
Delaware-.. - - A Far viand
District of Columbia
Great Lakes
Michigan
Ohio...
Indiana.- .
Illinois...
Wisconsin _
Plains. ...
Minnesota
Iowa
Missouri
North Dakota
.South Dakota
Nebraska
Kansas

.

-._

-

.

___ _

....
. __

Southeast
Virginia. .
West Virginia
Kentucky.. . - - . _ - _ . _ . _ _ - - _ .
Tennessee
North Carolina
South Carolina - - _ - _ _ _ _ - - _
Georgia
Florida
Alabama. ..
. . . . . . ^ . . . . . . ..
Mississipoi
Louisiana
Arkansas
...
....
Southwest
Oklahoma
Texas.
N e w Mexico
Arizona

...

. . . .

Rocky Mountain
Montana..
Idaho.
Wvoming
Colorado
Utah.. .
F a r West

.

. - -._
_ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _

... .

_

...
....

1. Alaska and Hawaii not included in totals in 1957.
Source: U.S. Department of Commerce, Office of Business Economics.




9

6

6
(>

6
4

6

6

43
14

x

6
6
6
8
5

8

99

April 11)03

These variations stemmed mainly
from a decline in unemployment insurance benefits and an expanded volume
of Federal payrolls in specific States.
The decline in UI payments, a concomitant of cyclical recovery, accounts
for the smallness of the rise of government disbursements in the industrial
States where the recession had hit hardest in 1960-61. These include Pennsylvania, the five States of the Great
Lakes region. West Virginia, and
Alaska.
Larger Federal payrolls explain the
pickup in government wages and salaries in the District of Columbia and
in the adjoining States of Maryland
and Virginia, as well as in Louisiana.
Arkansas, and Colorado.
Mining and transportation activity
reflected mainly the changes in manufacturing. On the whole, regional development in the extractive industries
in 1962 mirrored the demand by manufacturers for mineral products for use
as raw materials and fuel. Howevermining payrolls in nearly all major mineral-producing States moved up only
slightly or held their 1961 levels as a
result of increased automation.
Because a major portion of transportation facilities is engaged in moving
raw materials to the point of manufacture and in distributing finished products throughout the country, changes
in income from transportation last year
tended to parallel those in manufacturing. Nationally, earnings were up
4 percent, as most States and regions
conformed to the national rate of gain.
Missile site and highway construction, plus the hampering effects of a
bitter winter in many parts of the country, in 1962, accounted for most of
the State variations from the 2-percent
increase in construction earnings in the
Nation as a whole. In addition, industrial building was an important element
in Nevada's large expansion in income
from construction.
Income Shifts Since 1957

Previous reports on the geographic
distribution of income have focused on
basic, long-term changes that have
occurred. The first of these reports,
"Personal Income by States Since 1929"
covered the period 1929 through th

SURVEY OF CURRENT BUSINESS

April 1963

9

early 1950's. The second, contained in tions of pattern, discussed in the sub(2) Conversely, the record-breaking
U.S. Income and Output, dealt with sequent regional summaries, may be pace of income growth in the Far West
regional income changes over the 1947- noted briefly:
and Southeast which appeared to have
57 span.
(1) The relative decline that char- slowed down appreciably in the immeIn each report, trends were meas- acterized the income growth of New diate postwar years evidences a reured by comparison of income in years of England from 1929 through the early sumption of its earlier rate.
high cyclical activity. From 1957 to 1950's appears to have terminated in
(3) Finally, the Great Lakes, where
1961, however, State differences in growth the more recent period.
growth had about paralleled that of the
rates between any pair of years, have
been influenced by short-term cyclical
and random factors, and the trend
thereby obscured. For example, 1958
Table 2.—Per Capita Personal Income, by States and Regions, Selected Years 1
was marked by recession; 1959, by the
Percent of United
Percent change
Amount (dollars)
steel strike, and 1960 and 1961, by reStates
State and Region
cession and recovery.
1962
1961
1957
1962
1957 to
1961 to
1957
With the economy now at a reason1962
1962
ably high point on the cycle, 1962
2,357
4
2,263
100
15
100
2,048
offers the first reference point for United States
New
England
17
6
2,680
2,520
114
112
2,298
trend measurement since 1957. Ac4
Maine
13
82
1,908
1,843
1,686
81
cordingly, the remainder of this article
5
New TTampshirfi
91
2,229
1,859
95
20
2,130
fi
Vermont
2,021
1,899
86
81
1,666
21
will look at changes in personal income
Massachusetts
19
7
114
2,775
2,329
118
2,598
Rhode
Island..
_
.
_
6
2,384
1,
984
101
20
97
2,250
from 1957 to 1962 against the back- Connecticut
131
10
137
3,095
2,895
2,813
ground of longer run shifts, even though Mideast
117
14
4
2,631
117
2,748
2,406
it is recognized that the underutilizaNew York
124
15
3
124
2,542
2,930
2,848
122
13
124
2,874
New Jersey
__.
.
6
2,714
2,535
tion of the labor force together with the
100
10
5
105
2,368
2,261
2,149
Pennsylvania
3
141
131
7
3,096
Delaware
3,013
2,893
operation of plant and equipment at
113
20
8
2,664
Maryland
108
2,472
2,220
26
7
142
130
3,351
District of Columbia _ . _ __
3,124
2,668
significantly less than capacity are
10
110
2,260
106
5
2,383
2,495
Great
Lakes
special factors that blur trends.
Michigan
Ohio
Indiana
Illinois
Wisconsin

Percent Changes in Personal Income
Per capita 2

Total i

Plains

1929
to
1947

1947
to
1957

1957
to
1962

1929
to
1947

1947
to
1957

United States

121

84

25

87

56

15

New England
Mideast
Great Lakes
Plains
Southeast
Southwest _ - - _ _
Rocky Mountain...
Far West

83
82
110
120
184
178
161
202

90
77
85
68
89
100
86
104

25
22
18
25
29
27
30
35

64
60
81
118
140
132
122
80

60
55
55
49
64
61
42
47

17
14
10
21
19
13
16
16

\laska
Hawaii

na
na

na

20
45

na
na

na
38

9
26

52

1957
to
1962

1

For analytical purposes, U.S. totals include Alaska and
Hawaii in 1957.
2 Includes Alaska and Hawaii in 1962, but not in 1957 or
earlier years.
na—Not available.

The above text table shows, for
regions, percentage changes in total and
per capita income in each of three
periods: 1929-47, 1947-57, and 195762.
Regional patterns maintained

First to be noted is that the very
broad pattern of the shift in income that
was established in the 1929-47 period
lias prevailed in the latter twro periods
as well. However, several modifica


A! innes ota
Iowa
- - Missouri
North Dakota
South Dakota
Nebraska
Kansas - - -

_ _ __
--

Southeast
Virginia
\Vest Virginia
Kentucky
Tennessee
North Carolina
South Carolina Georgia
Florida

- __

- -

--

- -

--

Mississippi
Louisiana

- --

Southwest
Oklahoma
-Texas
.- -New Mexico - - \rizona
-- - - - -

_
-

Alaska
Hawaii

-

1,856

2,138

2,248

1,863
1,864
1,951
1,493
1,600
1,892
1,809

2,149
2,124
2,254
1,562
1,875
2,168
2,139

2,230
2,200
2,373
2,224
2,042
2,250
2,164

102
101
100
120
97

7
6
16
13
16

6
2
6
6
4

91

95

21

5

91
91
95
73
78
92
88

95
93
101
94
87
95
92

20
18
22
49
28
19
20

4
4
5
42
9
4
1

1,446

1,652

1,724

71

73

19

4

1,671
1,636
1.429
1.401
1 345

1,908
1,690
1,625
1,605
1,642
1,433
1,649
1,965
1,492
1,229
1,626
1,446

2,004
1,829
1,705
1,679
1,709
1,516
1,714
1,997
1,538
1,282
1,715
1,533

82
80
70
68
66
59
69
89
65
48
76
56

85
78
72
71
73
64
73
85
65
54
73
65

20
12
19
20
27
25
21
9
16
29
10
34

6
8
5
5
4
6
4
2
3
4
5
6

1,210
1,418
1,829
1,325
992
1,565
1,148

1,971

1,999

87

85

13

1

- --

1,889
1,993
1,808
2,074

1,904
2,030
1,824
2,064

80
89
79
88

81
86
77
88

16
12
13
14

1
2
1
0

1,884

2,153

2,189

92

93

16

2

1,934
1,678
2,012
1,989
1,743

1,963
1,807
2,272
2,421
1,989

2,217
1,923
2,178
2,352
2,041

94
82
98
97
85

94
82
92
100
87

15
15
8
18
17

13
f>
_4
-3
3

2,397

2,687

2,774

117

118

16

3

2,128
1,960
2,514
2,500

2,381
2,273
3,003
2,780

2,469
2,319
3,176
2,871

104
96
123
122

105
98
135
122

16
18
26
15

4
2
f'i
3

2,397
1,916

2,692
2,407

2,610
2,409

117
94

111
102

9
26

-3
0

_ _ _

--

110
110
99
122
96

1,641
1,815
1,610
1, 806

- - - -

2,399
2,388
2,353
2,830
2,276

1,772

Far West
\Vashington
Oregon
Nevada
California

2,270
2,330
2,213
2,672
2,194

-

Rocky IVlountain
\fontana
Idaho
"Wyoming
Colorado
Utah

2,245
2,253
2,029
2,505
1,969

-

1. Alaska and Hawaii not included in totals in 1957.
Source: U.S. Department of Commerce, Office of Business Economics.

SURVEY OF CURRENT BUSINESS

10
Nation over the three decades since
1929, failed to keep up from 1957 to
1962.
New England
The growth of personal income in
New England over the past 5 years rela-

tive to that in the Nation represents a
departure from the long-established decline which had marked the economy of
this region over the three decades from
1929 to 1957.
From 1929 through the reconversion
from World War II, New England's

April

share of total personal income declinec
almost one-fifth. Over the next decade
1947-57, it was off an additional 5 per
cent. Since 1957, however, the ad
vance of total personal income in thi:
area has matched that in the country a:
a whole, and in terms of per capita in

Table 3.—Percent Changes in Industrial Sources of Personal Income, by States and Regions, 1957-62 ]
Broad industrial sources of income

Income received by persons for participation in current productio

Government income
disbursements
Total
NonFarm
personal income farm
income
income

State and region

Total Federal

State
and
local

All
Private private
nonnonConfarm
farm Mining struction
income industries

TransFinance, portaWhole- insurtion,
M anusale
comance
facand
and
munireal
turing retail
cation
and
trade estate
public
utilities

Services

United States. .

25

10

26

46

43

52

21

20

-13 |

13

16

20

35

12

3

New England

25

-18

26

46

47

45

22

21

4 1

6

17

21

31

15

4

20
32
25
26
22
24

-13
-29
-13
-18
-11
-23

21
33
29

II25

43
51
45
48
31
49

36
52
34
54
24
46

59
50
62
39
46
53

16
29
25
22
19
22

15
28
23
23
19

5
0 :
19
-3 i
17
7 |

3
26
27
9
21
-4

15
25
18
17
13
18

10
24
23
22
18
22

28
29
28
31
28
32

10
16
9
14
18
18

3
5
4
4
3
3

23

45

43

48

19

24
27
15
19
33

43
49
43
46
58
39

43
45
40
40
53
38

44
55
47
55
74
40

21
23
10
16
27
18

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

. ..

_ _ _ _ _

Mideast -

22

New York
New Jersey
Pennsylvania
Delaware
M aryland
District of Columbia

-

24
26
15
20
33
27

- .
___

Great Lakes
M ichigan
Ohio
Indiana
Illinois
_-W isconsin

. -.-

Plains
Minnesota
Iowa
._
Missouri
North Dakota
South Dakota
Nebraska .
Kansas

_.
_._

_

___ -

__

Southeast
Virginia
West Virginia
Kentucky
Tennessee _ _ _
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Arkansas

- -

..

- -

-- --

._

--

Southwest
Oklahoma
_.
Texas
New Mexico
-_
Yrizona

-

_

Rocky IVIountain
Montana
Idaho
Wyoming .
Colorado
Utah
Far West
Washington
Oregon
Nevada
_
California
Alaska
Hawaii

-.
- ..

_._
-

..

-

— 16
-11
-5
29
18
0

19
23
8
16
26
15

-31

14

10

18

31

11

3

-5 i
-10
—37
0
23
0 :

23
16
—5
2
18
37

11
17
6
13
10
3

18
25
10
21
32
1

34
26
24
31
42
14

10
22
4
13
20
—5

3
4
3
3
5
3i

18

7

18

48

45

50

14

11

13
15
20
20
24

-1
6
18
8
3

14
16
21
20

45
46
45
51
51

43
43
44
49
47

46
50
47
54
55

9
11
17
16
22

6
9
15
14
20

— 15
-1
2
—7
-3

I

25

7

28

45

43

47

24

22

-11

26
20
24
52
35
27
25

2
— 17
9
104
12
-9
50

28
29
25
36
45
35
23

50
45
43
67
36
43
39

43
43
47
76
33
44
35

58
48
37
57
41
43
47

23
26
22
25
48
33
19

21
22
19
23
48
32
17

-8

9

13

28

9

2'

!
•
|

-16
-19
-11
2
13

5
ft
16
10
19

6
12
12
16
16

22
29
34
29
26

6
q
9
9
17

2
2!
3
2'
3,

!

25

21

19

34

11

3i

— 18 I
22 i
-8 I
-9
6
20
-17

11
10
20
29
117
67
28

25
24
18
14
49
35
10

17

33
33
32
57
43
35
33

9
11
12

3'
3
31

47
12
4

4.
4!
3

12

29

22

43

13

3i

31
-35
36
27
30
32
23
1
-10
41
-19
52

34
13
20
27
34
36
26
71
15
40
8
46

28
1
13
13
26
21
24
34
19
21
12
24

39
17
29
42
51
47
45
56
31
54
32
47

9
1
1
11
27
17
24
20
11
16
5
17

41
1!
2<
3;

20

19

23

42

16

41

25
11
13
80

14
16
39
55

18
21
30
48

41
36
53
85

14
15 i
18
30

3;
3;
4(
9
4l

-6 !

!1688
29
26
19

29

21

29

45

40

54

25

24

-20

31
5
25
25
35
31
29
40
23
36
17
36

21
-29
30
4
29
9
—1
25
4
38
23
49

31
6
25
27
36
33
31
41
24
36
17
34

36
49
52
41
52
34
42
59
43
50
39
39

31
52
45
36
41
32
39
50
44
48
40
36

56
44
66
51
67
40
49
77
40
54
37
46

30
2
17
23
32
32
28
37
18
31
11
31

30

-11
-38 !
-22
-11
26
24
26
13
-24
25 i
-3
-24 i

27

21

28

42

35

53

24

22

25
24
33
55

30
22
11
16

25
24
34
59

38
41
40
62

39
33
31
48

35
54
56
86

21
20
32
59

18
19
30
59

-4
-6

30

2

33

46

42

52

29

28

-15

30

44

26

44

11 i

23
25
22
33
35

27
3
-6
-19
-12

22
30
26
36
38

52
48
33
44
48

57
50
20
39
44

45
47
54
53
58

14
24
24
34
35

8
25
22
35
34

-42
-20
12
-13
-8

44
37
39
21
33

21
31
-5
50
65

3
21
32
31
32

29
37
42
51
44

0
9 •
10 i
17
11

35

5

37

54

47

64

32

33

-1

30

30

31

42

17

5

27
27
65
37

-3
-1
-18
7

29
29
68
38

35
47
49
59

31
44
37
51

41
50
71
70

27
25
73
33

27
23
77
34

4
10
-8
-1

14
27
98
31

32
22
19
31

24
21
56
33

39
37
106
42

12
10
40
18

3(
3
11

20
45

0
1

20
49

9
34

-3
31

110
46

31
60

31
62

14
-40

-39
93

44
58

34
54

81
116

98
29

8

1. For analytical purposes Alaska and Hawaii included in 1957 totals.
Source: U.S. Department of Commerce, Office of Business Economics,




:

16
23
33
33
36
16
31
8
33

3

i
I
1

9
15 !

j

4:

4'
31
3!
31
3
21
4

4;

3
5
4:

5

April 11K58

come, the regional record is a little better than that of the Nation. From a
point one-fourth above the national
figure in 1929, average incomes in the
region drifted down until at the end of
World War II, they were only one-tenth
higher than in the Nation as a whole.
Since then, they have moved up relative
to the rest of the country. Last year,
per capita income in New England was
one-seventh above that in the Nation.
New England's favorable economic
experience of the recent period appears
to be broadly based. In every major
income aggregate—total, nonfarni, and
private nonfarni—the region's record
matches that of the Nation. Moreover, earnings of persons engaged in
each major industry show an equally
favorable record.
Perhaps the most basic factor in the
recent improvement in New England's
relative position has been the change in
the region's manufactures. Since 1947,
there has been a strong shift from a
heavy dependence on textiles to a
greater reliance on the production of
electrical machinery and transportation
equipment.
Mideast

The long-term relative decline in
personal income which has characterized the economy of the Mideast continued over the past 5-year span, with
one important difference. From 1929
to 1957, the regional income lag was
largely the product of developments in
New York, Pennsylvania, and to a
lesser extent, New Jersey. Since 1957,
the less-than-average income gain of
the Mideast stems entirely from the
economic experience of Pennsylvania
and Delaware. In the other four
States of the region income gains have
]natched or exceeded those in the
Nation.
In Pennsylvania and Delaware the
rate of income growth in the recent
period was well below that of the other
States of the region and of the Nation
generally. In Pennsylvania, the relative decline stemmed from a drop of
nearly two-fifths in earnings of persons
engaged in mining and from the smallness of the rise in earnings of factory
employees—6 percent in Pennsylvania



SURVEY OF CURRENT BUSINESS
compared to 16 percent nationally.
Unfavorable developments in these two
basic industries were reflected in the
distributive and service industries.
In Delaware the downtrend appears
to have centered in that State's large
manufacturing industry—where two
factors played an important part.
First, earnings of persons engaged in
manufacturing increased at a slower
pace in Delaware than in the country
as a whole; secondly, the disparity was
accentuated in the total income flow
because manufacturing is one-third
again as important a source of income
in the State as in the Nation.
Great Lakes

Gains in total and per capita personal
income in the Great Lakes States from
1957 to 1962 were smaller than those of
any other region. Total income rose 18
percent and per capita income advanced
10 percent. Comparable national rates
were 25 percent and 15 percent, respectively. In contrast, over the period
1929-57, the growth in income in this
region had about matched that of the
Nation.
This differential showing between the
Great Lakes States and the Nation centered in manufacturing, which accounts
for nearly two-fifths of all income in the
area. Earnings disbursed to individuals
employed in factories increased onetenth in the region, compared with a rise
of one-fifth in the rest of the country.
The influence of this below-average advance in manufacturing is further emphasized by the fact that the region's
relative increase in nonmanufacturing
earnings from 1957 to 1962 was also the
smallest in the country.
As noted previously, this analysis
assumes that the economy in 1962 was
at generally the same cyclical point as in
1929, 1947, and 1957. Though generally true, the fact that the Nation's
industry has been operating well below
optimum and customary rates for the
past 5 years has had an unusually dampening effect on income expansion in the
Great Lakes. To the extent that present
operating rates are a temporary factor,
the relative income lag in the Great
Lakes States in recent years may be
lessened somewhat.

11
Plains

Total income growth in the Plains
States from 1957 to 1962 matched the
all-State average of 25 percent, while
the increase of one-fifth in per capita
income ranked as the largest in the
Nation.
The 1957-62 income experience of
this region is in line with its longterm tendency to receive a constant
share of the national total of personal
income.
Developments in this region also
illustrate the versatility of the personal
income measure in assessing the
strengths and weaknesses of an area.
From 1947 to 1957, the share of the
Nation's income accruing to residents
of the Plains States declined nearly
one-tenth. Analysis of this change in
the income flow indicated that the
decline was solely a product of agricultural developments which were national in scope, and that the basic
economic strength of the region, as
measured by changes in the nonfarni
flow, was unimpaired. Figures now
show that with the halt in the decline
of farm income, there was no further
reduction in the income share of the
Plains region.
In this connection it is interesting to
note the shift in industrial composition
that has occurred during the postwar
period. In 1947, farming accounted
for one-third of all income in the
Plains, while one-seventh came from
manufacturing. By 1962, the situation had been reversed with one-eighth
originating in farming and one-fifth in
manufacturing.
Southeast

Consumer incomes in the Southeast
rose 29 percent from 1957 to 1962
compared with a gain of 25 percent
nationally.
This distinct, though
moderate, income uptrend in the region
contrasts with income changes in the
preceding decade. In the 1947-57
period, income growth in the Southeastlittle more than equaled the national
pace thus suggesting that the aboveaverage rate of economic expansion
that had characterized the region since
1929 was terminating.

SURVEY OF CURRENT BUSINESS

12

April 190

MANUFACTURING PAYROLLS—REGIONAL PATTERNS
All Regions Are Now Above Their 1957 and 1960 Cyclical Peaks
• The Impact of Both the 1957-58 and 1961-62 Recessions Was Greatest in the Three Industriafized Regions
Billion $

Billion $

3ZQ

28.0

GREAT LAKES '

(ratio scales)

Billion $
9.0
NEW ENGLAND

MIDEAST

8.0

28,0

24.0

7.0

24,0
20.0

6.0
20,0 I » i i ?

1957

i i i I . i . t . t t I i . , I t r i{

58

59

60

61

1957

62

58

59

60

61

1957

62

58

59

60

61

62

• In the Five Less Industrialized Regions the Cyclical Declines Were Generally Less Severe and Recoveries Were
Accelerated by the Underlying Industrial Growth
Billion $
FAR WEST

12.0
11.0
10.0

9.0

8.0

1957

58

59

60

61

62

I i i i I i i i I i i i I i i i I i i i 1 i i i I
1957

58

59

Billion $

Billion $

4.0

PLAIHS

60

61

62

Billion $

1.2
SOUTHWEST

ROCKY MOUNTAINS

1.1

-

3.5

1.0
3.0

5,0

2,5

.7

t i t t It i i I r t t I t i T I

1957

58

59

60

61

62

0 Estimated
US, Department of Commerce* Office of Business Economics




1957

58

59

60

61

62

Quarterly, Seasonally Adjusted, at Annual Rates

t f f r f t I t t r I t t t

1957 58

59

60

It i t 1 i i t I

61

62

April 1063

The area's better-than-average income expansion over the past 5 years
was both industrially and geographically pervasive. Most major industries
have shared in the relative gain and 9
of the 12 States improved their income
position. In this connection, it may be
noted that a significant part of the
Southeast's rapid growth reflects the
exceptionally swift income rise in
Florida.
Among industries, the most important development centered in manufacturing. This industry had been the
key to the region's outstanding growth
from 1929 through 1947. It had also
been the key to the postwar tapering-off
of this relative growth. Accordingly,
the above average manufacturing expansion in the Southeast from 1957 to
1962—it was exceeded only by that in
the comparatively unindustrialized
Rocky Mountain States and the Far
West region—gives promise of a resumption of the region's earlier swift pace of
economic growth.
Although population has been a factor
in income growth in the Southeast,
average incomes have moved ahead
relative to the change in the national
figure. The region has improved its
per capita standing from a point only
52 percent of that for the Nation in
1929, to within 71 percent of it in 1957
and on to 73 percent of the nationwide
figure in 1962.
Southwest

In assessing trend developments in
the Southwest two groups of States
must be distinguished. In Arizona and
New Mexico, incomes rose at rates substantially better than those in the NaCorporate Profits—
(Continued from page 5)
In the last half of 1962, corporate output rose $6)2 billion above the figure for
the first 6 months. Of this, $3 billion
was paid out as compensation of employees; $1% billion was charged to
capital consumption allowances and indirect business taxes; while the remaining $2 billion accrued to corporations in
the form of profits before income taxes.
Since the end of 1961, when the early



SURVEY OF CURRENT BUSINESS

13

tion. The increase in Arizona was
exceeded only by that in Nevada. New
Mexico's gains too, though less spectacular, were among the largest in the
country.
Developments in these two States
represent extensions of long-term growth
trends. From 1929 to 1947 and again
from 1947 to 1957 these two States
ranked third and fourth in the Nation
in terms of relative income gain.
For Texas and Oklahoma, the picture is somewhat different. Income
expansion in each matched the national
rate of growth from 1957 to 1962. In
both States, this represented a break
with past trends. In Texas, growth
from 1929 to 1957 had been outstanding; in Oklahoma it had fallen short
of the national average.

The above-average experience of this
region reflects mainly the exceptionally
rapid growth in Utah and Colorado*
In turn, the prime impetus to economic
expansion in these two States has been
manufacturing.
Earnings of factory employees in the
Rocky Mountain States, the least industrialized of any region, jumped
nearly one-half between 1957 and 1962.
In contrast, income from nonmanufacturing sources expanded at about the
same rate as in the country generally.

phase of the cyclical recovery had been
largely completed, quarterly changes in
corporate earnings relative to corporate
output have been small and offer little
insight to longer-term developments in
the distribution of corporate output.
However, it is of interest that corporate
earnings have maintained or increased
their share of corporate output for 7
quarters now since the beginning of
recovery from the 1960-61 recession.
In other postwar recoveries profits as a
percent of corporate output have de-

clined at an earlier stage in the cycle.
The full-year 1962 data moderate
the continuing decline in corporate
profits shown for the 1957 to 1962
period in the November report. Associated with the reduction in the profits
share was an increase in the proportion
of output absorbed by indirect business
taxes and capital consumption allowances. The split of the remaining
portion between employee compensation and property income does not
appear to have changed since 1957.

Far West

In each of the periods studied, the
top-ranking regional increase in total
personal income was registered in the
Far West. Thus, the recent period
trend of income in this dynamic region
Rocky Mountain
is simply a continuation of its basic
The long-term income uptrend in the trend. The 1957-62 record performance
Rocky Mountain States had been inter- of the Far West's economy reflected
rupted in the early postwar years by larger-than-average gains in all major
the general decline in agricultural in- industrial sources of income. Although
come. After a 1929-47 income record the largest increases were in manuthat bettered that of the Nation by a facturing, government, services, and
substantial margin, the rise in overall finance, the record growth of this
income from 1947 to 1957 no more than region was broadly based.
equaled that in the Nation as farm
For the period as a whole, rapid
income fell by one-fourth.
economic expansion in the area has
With farm income in 1962 holding been accompanied by a similarly rapid
to its 1957 level in the area, aggregate growth in population, the sharpest in
income resumed its better-than-average the Nation. In consequence, the relaexpansion. The basic uptrend of in- tive growth in per capita income has
come in these States is evidenced most been among the lowest in the Nation,
plainly by abstracting from the direct only matching that of New England
impact of agricultural changes. From and barely exceeding that of the Mid1929 to 1947 and again from 1947 to east. Over the most recent period^
1957 nonfarm income in the Rocky 1957-62, the growth in per capita
Mountain States rose more rapidly than income in the Far West has about
in the Nation. Over the past 5 years, matched that of the Nation as the poputhis trend has continued.
lation rise has slowed somewhat.

by JEANNETTE M. FITZWILLIAMS

Size Distribution of Income in 1962
JL HE personal income of families and
unattached individuals totaled $419 billion 1 in 1962, up $23 billion from 1961.
This rise compares with increases of $14
and $16 billion in the 2 previous years.
Average income per consumer unit
was $7,140, as compared with $6,920
for 1961. The modal or most frequent
amount in 1962 was $4,720, while the
median income—the amount that divided families and unattached individuals into two equal groups—was $5,840.
The consumer units receiving this income consisted of the 47 million families
of two or more persons related by blood,
marriage, adoption, and of 11% million
individuals not attached to families.
In 1962, an estimated 10.9 million
units had incomes above $10,000. This

represented a rise of 1 million over 1961
for the comparable group. This group
constituted 19 percent of all consumer
units in 1962 compared with 17 percent
in 1961. With the upward shift of
units along the income scale increases
were also registered by the intermediate
groups having incomes of $6,000$10,000. These were estimated to contain 17.5 million families and unattached individuals, a rise of 0.8 million
over the previous year. Since the
number of new entrants into this group
is partly offset by the number of those
leaving it for higher income classes, the
proportion of units-—29 percent—is
identical with that shown in 1961.
Rise in real income

When the increase in personal income
is corrected for price changes, average
real income is found to have risen 2
percent above the 1961 level—an increase of $160 in real purchasing power.
Increases in average family incomes
have occurred in most years of rising
total income. In terms of 1962 dollars,
consumer units in 1929 had average
incomes of $4,250. By 1947, this
average had risen to $5,450, showing
an annual growth rate of real income
of 1.4 percent for the period. For the
entire period 1929-62 the average rate
of growth was 1.6 percent. The rate
for the postwar period alone was 1.8
percent with a slight decline in the
most recent period.

SOURCES OF .AVERAGE FAMILY INCOME
Mean family
Income

$8,000

$6,000

$4,000

$2,000

earnings from self-employment, dividends, interest, rent, and transfer payments. In addition to these usual cash
receipts, it also includes imputed items
such as food and fuel raised and consumed on the farm and the net rent of
owner-occupied dwellings.
The accompanying table and chart
show how average family personal income is allocated among the various
types of income receipts. These averages were obtained by dividing the
total income of each type by the total
number of families and unattached
individuals and do not indicate, therefore, average amounts received by
units primarily dependent upon specific
sources.
SHIFT OF CONSUMER UNITS INTO HIGHER
INCOME CLASSES SINCE 1947
In Both Current and Constant Dollars the
Number Above $ 5,000 Increased
Number of
consumer units
(Millions)

60 -

1962

Transfers and property incomes lead
the rise

194648 50 52

54 56 58

60 62

* Transfers are composed of Government pensions,
unemployment and injury compensation, veterans'
benefits, assistance, and miscellaneous,
•U.S. Department of Commerce, 0?'':e of Business Economics

14




63-4- /

Family income is the sum of the
incomes received by all family members
from all sources. It includes wages
and salaries net of social security taxes,
1
Aggregate family personal income excludes incomes received by nonprofit institutions and certain military personnel and therefore diners from the total of personal income
reported in the preceding article.

U.S.

Department of Commerce, Office of Business Economics

63-4-6

SURVEY OF CURRENT BUSINESS

April 1963
Table 1.—Average Family Personal Income
Before and After Federal Individual Income Tax Liability and Average Annual
Earnings Per Full-Time Employee

15

Table 2.—Distribution of Consumer Units and Their Income by Family Income Level
Number of families and unattached individuals Aggregate family personal income (billions of
dollars)
(millions)
Family personal income (before income
taxes)
1947 1955 1956 1957 1958 1959 1960 1 1961 1 19621 1947 1955 1956 1957 1958 1959 I960' 1961 1 19621

1

Number
of families
and unattached
individuals
(millions)

Under $2,000
$2,000-$3,999
$4,000-$5,999
$6,000-$7,999
$8,000-$9,999

Average (mean) personal
income per family and
unattached individual

Average
(mean)
annual
I earnings
Before tax
After tax
j per fulltime employee (in
Tii cur- In In cur- In
current
1962
1962
rent
dollars)
rent
dollars dol- dollars dollars i
lars i

1929

36. 1 $2, 340 $4, 250 $2. 320 $4, 220

1947
1948
1949

44.7
46.3
47.8

4, 130 5.450
4, 350 5,430
4,! 70 5,250

3.720
4,010
3,860

4,910
5,010
4,870

2, 589
2,795
2. 851

1950
1951
1952

48.9
49.5
50.2

4,440
4,900
5,120

5, 520
5, 720
5, 850

4,070
4.420
4.570

5,060
5.150
5.220

3, 008
3, 231
3,414

1953
1954
1955

50.5
51.2
52.2

5,390
4, 360
5, 640

6, 090
5, 990
6, 280

4,810
4,840
5,090

5.430
5,420
5, 670

3, 587
3,670
3.847

1956___
1957
1958

52.8
53.6
54.6

6,010
6,240
6,280

6,580
6, 640
6, 560

5,400
5,610
5,670

5,920
5,970
5, 920

4,036
4,205
4. 346

1959 _ _ _
19602...
1961 2...
1962 2. __

55. 3
56.1
57.3
58.6

6, 620
6,810
6, 920
7, 140

6.810
6,930
6,980
7,140

5, 940
6, 130
6,210
6. 400

6,120
6,230
6, 270
6,400

4, 558
4,707
4.843
5, 024

--..

7.5 7.3 7.2 7.1 13.2 9.3
11.1 8.2 7. 7 7.6
17.1 13.3 12.2 11.9 12! i 11.4 11.1 11.1 !0.9 51.2 40.7
9.2 13.6 13.6 13.0 13.0 12.4 12.2 12.4 12.2 44.5 67.7
3.8 8.5 8.8 9.3 9.4 9.9 10.2 10.5 10.8 26.0 58. 2
1.5 3.7 4.5 5.0 5. 1 5.7 5.9 6.2 6.7 13.3 32. 5

8.7
37.4
67.5
61.0
39.7

8.6
36.2
64.6
64.3
44.3

8.4
34.8
61.6
68.5
50.5

8.6
37.1
64.8
64.9
45.1

8.2
33.8
60.7
70.5
52. 5

8.0
33.8
61.8
72.8
55.0

7.8
33.3
61.1
74.6
59.5

1.2 3.1 3.8 4.3 4.7 5.3 5.9 6.3 6.9 14.3 36. 9 45.6 51.9 55.9 63. 2 71.1 75.1 «2.8
.8 1.8 2.2 2.5 2.6 3.1 3.5 3.6 4.0 22.1 48.9 57.5 64. 7 66. 9 78.8 85.1 89.7 99.7
44.7 52.2 52.8 53.6 54.6 55.3 56.1 57.3 58.6 184.6 294.2 317. 4 334. 6 343. 3 365.8 381. 9 396.2 418.8

$10,000-$! 4, 999
$15,000 and over
Total

Percent distribution
Under $2,000
.. $2,0()0-$3,999
$4,000-$5,999
$6,000-$7,999
$8,000-$9,999___

$1,405

25
38
20
9
3

16
25
26
16

15
23
26
17
8

14
22
24
18
9

,4
22
24

3
2

6
4

4

8
5

100

100

100

100

$10,000-$! 4,999
$15,000 and over
Total

13
21
22
18
10

13
20
22
18
10

13
19
22
IS
11

12
19
21
18
11

7
28
24
14
7

14
23
20
11

9
5

10

o

11
6

11
6

12

8
12

100

100

100

100

100

100

9

3

^1913

3
11
19
19
13

3
11
19
19
13

2
10
17
19
14

2
9
16
18
14

2
9
15
18
14

2
8
14
18
14

If

14
18

16
19

16
19

17
21

19
22

19
23

2(1
24

100

100

100

100

100

100

100

100

1. Includes Alaska and Hawaii.

Table 3.—Distribution of Consumer Units by Keal Income Level
Family personal income in
1962 dollars (before income
taxes)
Under $2,000
$2,000-$3,999
$4 000-$5 999
$6,000-$7,999
$8,000-$9.999

1. The price indexes used as deflators are those employed
in deflating the personal consumption expenditure series in
the national income accounts.
2. Includes Alaska and Hawaii.

1929

1941

1947

11.2
13. 9

11.3
11. 9
9 2
4.8
1.8

12. 6
11.7
6.0
3. 1

2.4
1. 1

$10,000-$! 4, 999
$15,000 and over

2. 4 / 2. (i
I 1- 5

Total

Percent distribution

Number of families and unattached
individuals (millions)

36.1

41.4

44.7

1959

1960 i 1961 i 1962 i 1929

7.3
10. 9
11.9
10.1

r>. o

7. 1
10. 9
12.0
10.2
6. 1

7.1
11.0
12. 3
10.5
6. 3

3! 4

6. 2
3. 6

6.4
3. 7

55. 3

56.1

57.3

7.1
10. 9
12.2
10. 8
6. 7
6. 9 }
4. 0 /

58.6

1947

1941

31 :
39 •
15 '•
7
3

27
29
22 i
12
4 •

' I
'" '

r
(>

100 |

100

1959

18
11

13
19
oo
18
11

12
19
oo
18
11

12
19
21
IS
11

K
3

10

11

11

12

100

100

100

100

100

16
28
2fJ
14
7

j

\

1960 i 1961 * 1962 1

20

6

1. Includes Alaska and Hawaii.
Table 4.—Distribution of Consumer Units and Their Family Personal Income by Family Personal Income Level, Selected Years
Aggregate family personal income (millions of dollars)

Numb er of families and unattached individuals (thousands)
Family personal income
(before income taxes)

1955

1956

1957

1958

1959 1960 1 19611

7,713
5,397
6,796
7,401

7,641
5,374
6, 490
6,806

7,680
5, 510
6,629
6, 810

7,500
5.294
6,150
6, 316

1944

1946

1947

/ 2,390
1 12, 338
21,938
26, 960
20, 261

2, 017
11, 231
22, 007
29, 906
23, 956

1,973
11, 231
21, 176
30, 045
25, 583

1950

1955

1956

1957

1958

1959

19601

1961 J

1944

1946

1947

1950

Under $1,000
$1,000-$1,999
$2 000-$2,999
$3 000-S3 999
$4000-$4,999

4,352
8,108
8,762
7,723
4, 535

3,826
7,606
8,791
8, 590
5,364

3, 748
7,370
8, 459
8,628
5,725

3,861 }8, 241
7,464
8,091 5,917
8,586 7,339
7, 054 7,328

$5000-$5,999 __.
$6 000-$7 499
$7,500-$9,999 _ -

2, 515 3, 065 3,474 4,694 6,321 6,241 6,201 6, 228 6, 042 5, 998 6,109 13, 739 16, 725 18, 957 25, 603 34, 648 34. 208 33, 980 34, 207 33, 204 32, 977 33, 566
2, 259 2,547 3,151 3,836 6, 925 7, 202 7, 552 7. 598 7,829 7,991 8,245 14,942 16, 833 20,812 25, 578 46,311 48, 165 50, 472 50, 877 52, 566 53, 700 55, 404
1 , 385 1,751 2,170 2, 758 5,203 6,115 6,779 6', 879 7,730 8,062 8, 432 11, 802 14, 905 18, 454 23, 364 44, 468 52, 484 58, 15? 59, 111 66, 387 69, 251 72, 416

7,313
5,178
5, 938
6,165

7,194
5,138
5, 973
6, 279

1,943
11, 333 } 9, 326 8,688 8, 584 8, 585 8,377 8,172 8, 019
20, 273 14, 871 13, 555 13, 483 13, 847 13, 282 13, 006 12, 902
29, 983 25, 815 23, 879 22, 758 23, 252 21, 564 20, 818 20, 935
31, 533 33, 021 33, 321 30, 623 30, 597 28, 401 27, 721 28, 231

707 1,070 1,199 1,536 3, 068 3, 794 4,312 4,669 5, 294 5, 951 6,279 8, 483 12, 784 14, 300 18, 310 36, 915
{4,215 5, 692 6. 586 7, 083 15, 129
414
883 1,112 1,289 1,372 1,738 1, 946
332
386
246
2, 395 3, 165 3, 700 4,826 8, 382
590
652
432
518
378
495
143
167
218
108
-3, 641
4, 651 6,308 6, 879 9, 743 15, 140
452
512
577
637
694
564
191
208
294
140
172
150
180
3, 607 4,837 4,902 7,690 10, 213
115
135
84
54
55
147
40

$10 000-$14,999
$15 000-$19,999
$20 000 -$24 999
$25,000-$49,999
$50 000 and over

45, 668 51, 883 55, 862 63, 168 71, 130 75,084
19, 081 22, 117 23, 515 29, 630 33, 218
9,611 11,006 11,511 13, 100 14, 455
89, 671
17, 242 18. 953 19, 178 21,056 22, 790
11, 546 12, 636 12, 715 15, 060 14, 669

40, 880 43, 330 44, 740 48, 890 52, 170 52, 850 53, 650 54, 620 55, 300 56, 060 57, 290 147, 721 170, 705 184, 598 217,262 294, 239 317,448 3345 647 343,257 365, 795 381, 907 396, 228

Total
Average (mean) family personal income

$3, 614 $3, 940 $4, 126 $4. 444 $5, 640 $6, 007 $6, 238 $6. 284 $6, 615 $6, 812 $6, 916

j

Percent distribution
Under $1 000
$1 000-$1,999
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999 . _ - _ . _
$5 000-$5 999
$6 000-$7 499
$7,500-89,999

-

$10,000-$14,999
$15,000-$19,999
$20 000 $24 999
$25 000-$49,999
-$50,000 and over
Total __

_

10.7
19.8
21.4
18.9
11.1

8.8
17.6
20.3
19.8
12.4

8.4
16. 5
18.9
19.3
12.8

7.9
15.3 }
16.6
17.6
14.4

15.8
11.3
14.1
14.0

14.6
10.2
12.9
14.0

14.2
10.0
12.1
12.7

14.1
10.1
12.1
12.5

13.6
9.6
11.1
11.4

13.0
9.2
10.6
11.0

1.6
12.5 /I 8.4
9.0
14.9
10. 4
18.3
11.0
13.7

6.2
5.5
3.4

7.1
5.9
4.0

7.8
7.0
4.8

9.6
7.9
5.6

12.1
13.3
10.0

11.8
13.6
11.6

11.6
14.1
12. 6

11.4
13.9
12.6

10.9
14.1
14. 0

10.7
14.3
14.4

10.7
14. 4
14.7

1.7
.6
3

2.5
.8
.3

2 7
'.S
.4

3.1
.8
.4

5.9
1.7
.7

7.2
2.1
.8

8.0
2.4
.9

8.5

9.6
3.1
1.1

10.6
3.5
1.2

11.0

.9

.3
.1

.4
.1

.5
.1

.6
.2

.9
2

1.0
.2

1.1
.3

1.1
.3

1.2
.3

1.2
.3

- 6. 3

100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100. 0 100.0

1. Includes Alaska and Hawaii.




'
[

1. 2
6. 8
12.9
17.5
14.0

1. 1
6. 1
11.5
16.3
13.8

0.9 } 3.2
5. 2
5.1
9! 3
13.8
8.8
14.5
11.2

9.3
10. 1
8.0

9. 8
9.9
8.7

10. 2
11.3
10.0

11.8
11.8
10.8

5.7
2.9
1.6

7. 5
3. 3
1.9;

7. 7
3. 6
2.0

3.1
2.4

3. 7
2. 8

100.0

100.0

10.5

*!

2.6
4.0
6.8
9.1

2.5
4.0
6.8
8.9

2.3
3.6
5.9
7.8

2.1
3.4
5.5
7.3

2.0
3.3
5.3
7.1

11.8
15.8
15.1

10.8
!5.2
16.5

10.1
15. 1
17.4

10.0
14.8
17.2

9.1
14.4
18.1

8.6
14.1
18.1

8.5
14.0
18.3

8.4
3.3

12. 5
5. 1
2.8

14.4
6.0
3.0

15.5
6.6
3.3

16. 3
6.8
3.4

17.3
8.1
3.6

18.6
8.7
3.8

18.9

3. 7
2. 7

4.5
3.5

5.1
3.5

5.4
3.7

5.7
3.8

5.6

5.7
4.1

6.0
3.8

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

2.7

- 22.6

100. 0

SURVEY OF CURRENT BUSINESS

16
Table 5.— Sources of Average Family Personal Income (Before Income Taxes),
1947-62 i
Wages
and
salaries

Year

1947 ..
1948
1949 .
1950

,
Self-em- Property Transfer
payployment incomes
y~
incomes
ments

Table 6.—Distribution of Families and Their Family Personal Income by Family Personal
Income Level, 1955-61

$790
865
742
766

$459
485
510
564

$?61
242
059
^59
308

3 250
3,474
3,717
3,630

853
834
799
783

582
603
636
669

253
°53
9
^63
63
282
321

$5, 000-$5, 999
$6, 000-$7, 499
$7. 500-$9, 999

1955
1956
1957
1958

3,833
4,094
4,220
4,168

799
814
814
828

701
739
793
806

338
360
410
483

$10, 000-$14, 999
$15 000-$ 19 999
$20, 000-$24, 999 ... _

1959
1960 2. .
19612
1962 2.

4,441
4,591
4,609
4,771

825
808
815
830

856
896
920
961

493
517
572
579

1951
1952
1953
1954

..

. .

1. Prior to 1956 the sum of these sources will not round
to
d to
the average income shown in table 1. The above average
rage
sources are based on the revised personal income series pub->ublished in U.S. Income and Output, whereas the averagess in
hed
table I are those that accord with the previously published
distributions.
2. Includes Alaska and Hawaii.

Over the postwar period all income
Hie
components have increased. The most
OSt
rapid rate of growth has been in transfer
lei'
payments which are now 2.2 times their
^11'
1947 level. Property incomes have
tve
increased almost as markedly, and,asas
was pointed out in the April 1962
article, their receipt is more widespread
among income classes. Wages and
salaries at 1.8 times their 1947 level are,
of course, the largest single source of
income and account for about 67 percent of the total. The near stability
of self-employment income is due primarily to the relative decline in the
importance of agricultural income in
the aggregate of family personal income.
The average income from all sources of
farm operator families, data for which
are separately available, has risen only
40 percent since 1947 compared with a
rise of about 70 percent for all consumer units. The rise in income from
nonfarm self-employment was on a par
with the increase in wages.
Despite the marked rise of transfer
payments, they still account for only
a small portion of the incomes received
by families and unattached individuals,
approximately 8 percent in 1962. The
changes in their composition that have
taken place, however, have had important effects upon the family distribution
by income size. An increase in retirement income, for example, encourages
the setting up of separate households



f

Under $2,000
$2,000-$2, 999
$3, 000-$3, 999
$4, 000-$4, 999

Aggregate family personal income
(millions of dollars)

Number of families (thousands)

Family personal
income (before
income taxes)

$2 632
2,803
2,695
2,848

„

April 1963

--

I9601 1961 1

1955

1956

1957

1958

1959

3,948
3, 808
5, 862
- 6, 561

3, 664
3, 345
5, 278
6, 539

3,573
3,279
4,869
5, 827

3,511
3,339
4,911
5, 733

3,502
3, 178
4,406
5,175

3,370
3,088
4,170
4,943

1955

1956

1957

1958

1959

1960 i

1961 *

4,500 4,376 4,281 4,254 4, 103
8,446 8, 261 8,444 8,020 7,796
18, 617 17, 135 17, 293 15, 506 14, 675
29, 491 26, 276 25, 822 23, 326 22,279

3,934
7, 634
14,551
22,364

5, 943 5,788 5, (560 5, 627 5,396 5,315
6, 704 6, 935 7.228 7,226 7,392 7,490
5, 065 5, 954 6, 586 6, 664 7,493 7,801

5, 358 32, 599 31, 745 31, 040 30, 930 29,673 29, 245
7,674 44, 843 46, 393 48, 327 48, 419 49,667 50, 387
8, 134 43, 292 51, 116 56, 501 57, 274 64,365 67, 031

29,466
51, 621
69,888

3, 002 3,714 4,217 4,562 5, 170 5,811
864 1,089 1, 264 1,344 1,707 1,912
367
421
483
506
577
638

50, 761 54, 595 61,712 69, 479
21, 679 23, 031 29, 102 32, 648
10, 744 11, 231 12. 809 14, 146

$25, 000-$49, 999
$50. 000 and over

495
128

430
110

544
140

555
142

3, 232 4,890
3,024 9,636
4,136 20, 703
4,964 29, 609

6, 117 36, 136 44, 720
f 14, 805 18, 698
1 8,140 9,368
j-3, 551
669
14, 596 16, 651
163
. 9, 690 10, 951

613
171

73, 178

86,796

18, 273 18. 434 20, 255 21, 933
11,963 11, 973 14, 253 13, 795

42, 670 43,350 43,670 44,120 44,780 45,370 46,190 268,939 290,696 305,336 311,727 332,942 347,517 359, 432

Total
Average (mean)
lamily personal
income

$6. 303 $6. 706 $6, 992 $7, 065 $7, 435 $7, 660

i

$7, 782

Percent distribution
Under $2,000
$2,00()-$2,999
$3,000-$3,999
$4,000-$4,999

--

$5,000-$5,999
$6,000-$7 499
$7,500-$9,999
$10,000-$14,999
$15,000-$19,999
$20 000-$24 999

- ..

$25,000-$49,999
$50,000 and over

9.3
8.9
13.7
15.4

8.4
7.7
12.2
15.1

1L1
13.3

8.0
7.6
11. 1
13.0

7.8
7. 1
9.8
11.6

7.4
6.8
9.2
10.9

7.0
6. 6
9.0
10.7

13.9
15 7
11.9

13.4
16. 0
13.7

13.0
16.6
15.1

12.7
16.4
15.1

12.0
16.5
16.7

11.7
16.5
17.2

11.6
16.6
17.6

7.0
2.0
.9

8.6
2.5
1.0

9.7
2.9
1.1

10.3
3.0
1.2

11.6
3.8
1.3

12.8
4.2
1.4

13.2

1.0
.3

1.1
.3

1.2
.3

1.3
.3

1.4
.4

1.5
.4

8.2

1.8
3.6

7.7!
.

100 0 100.0 100.0 100.0 100.0 100.0 100.0

Total

S!G

1.4
2.7
5.6
8.3

1.3
2.4
4.7
7.0

1.2
2.2
4.2
6.4

1.1
2.1
4.0
6.2

10.2
15.8
18.5

9.9
15.5
18.4

8.9
14.9
19.3

8.4
14.5
19.3

8.2
14.4
19.4

15.4
6.4
3.2

16.6
7.1
3.5

17.5
7.4
3.6

18.5
8.7
3.9

20.0
9.4
4.1

20.4

5.4
3.6

5.7
3.8

6.0
3.9

5.9
3.8

6.1
4.3

6.3
4.0

100.0

100.0

100.0

100.0

100.0

100.0

1LO

1.6
2.9
6.4
10.1

12. 1
16.7
16.1

10.9
16.0
17.6

13.5
5.5
3.0

1.5

24.2

100.0

1. Includes Alaska and Hawaii.
Table 7.—Distribution of Unattached Individuals and Their Family Personal Income by
Family Personal Income Level, 1955-61

1958

1959

I960'

1961 i

1955

1956

1957

1958

1959

19601

4,293 4, 049 4, 068 4, 169
2, 109 2,052 2, 095 2,171
1,477 1,517 1,621 1.718
767
863
980 1,077

3,998
2,115
1,744
1,141

3,943
2,090
1,768
1,222

3,962
2,113
1,837
1, 315

4,436
5,235
5,112
3,412

4,188
5,109
5, 262
3,830

4,209
5, 222
5,623
4,347

4, 304
5, 403
5,959
4,775

4,123
5,262
6,058
5,075

4,069
5,210
6,144
5,441

4,086
5.268
6,384
5,866

2,048
1,468
1,176

2,463
1,772
1,368

2,940
2, 145
1,651

3,277
2, 458
1,837

3,531
2,899
2,022

3,731
3, 313
2,220

4,100
3, 783
2,528

'

779
324
242

948
383
243

1,121
438
262

1,267
484
280

1,456
527
291

1,651
571
310

1,905

.

545
523

591
595

680
673

744
742

802
807

857
873

1955
Under $2,000
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7 499
$7,500-$9,999
$10,000-$14,999
$15,000-$19,999 _
$20,000-$24,999
$25,000-$49,999
$50,000 and over

._

Aggregate family personal income
(millions of dollars)

Number of unattached individuals
(thousands)

Family personal
income (before
income taxes)

1956

1957

378
221
138

453
268
161

540
324
193

601
371
215

647
438
237

683
501
261

751
571
298

66
19
11

81
22
11

95
25
12

107
28
13

124
31
13

140
33
14

162

16
5

17
6

20
7

22
8

24
8

26
9

•

91

1961 i

• 2, 876

9, 500 9, 500 9,980 10,500 10, 520 10, 690 11,100 25, 300 26,752 29,311 31,530 32, 853 34,390

Total

36,7%
:

Average (mean)
family personal
income

816 $2, 937 $3, 003 $3.123 $3.217
. $2.
, - , 663
. . - r$2.
.,-.

$3.315

Percent distribution
Under $2,000
$2,000-$2,999
$3 000-$3 999
$4,000-$4,999

.

$5,000-$5,999
$6,0()0-$7,499
$7,500-$9,999

1

40.8
21.0
16.2
9.8

'

39.7
20.7
16.4
10.3

•

38.0
20.1
16.6
10.8

36. 9
19.6
16.6
11.4

35.7
19.0
16. 6
11.8

17.5
20.7
20.2
13.4

15.7
19.1
19.7
14.3

14.4
17.8
19.2
14.8

13. 6
17.1
18.9
15.2

12.6
16.0
18.4
15.5

11.8
15.1
17.9
15.8

4.0
2.3
1.4

4.8
2.8
1. 7

5.4
3.2
1.9

5. 7
3.5
2.0

6.1
4.2
2.3

6.4
4.7
2.4

6.8
5.2
2.7

8.1
5.8
4.6

9.2
6.6
5. 1

10.0
7.3
5. 7

10.4
7.8
5.8

10.7
8.8
6.2

10.9
9.6
6.5

11.5
10.5
6.J

7

1.5

3.1
1.3
1.0

3.6
1.4
.9

3.8
1.5
.9

4.0
1.5
.9

4.4
1.6
.9

4.8
1.7
.9

5.5

2.2
I . 2.1

2.2
2.2

2.3
2.3

2.4
2.4

2.4
2.5

2.5
2.5

100.0 ! 100.0 \ 100.0 100.0

100.0

100.0

100.0

$10,000-$! 4, 999
$15.000-$19,999
$20,000-$24,999.

2
.1

.8
.2
.1

1.0
.3
.1

1.0
.3
.1

1.2
.3
.1

1.3
.3 ]

$25,000-$49,999
$50,000 and over

.2
.1

2
.1

.2
.1

2
'.I

o
•1

2
•1 |

100.0 100.0 100.0 100.0

100.0

Total

11. 1
14.2
17.4
15. f

45. 2
22.2
15. 5
8. 1

42.6
21.6
16.0
9.1

1. Includes Alaska and Hawaii.

1

100.0

I

,

i

100. (

April 1963

which characteristically will be found
in the lower portion of the distribution.
Pensions—OASI, railroad, military and
Federal, State or local civilian—have
risen 13 fold since 1947. In 1961, the
latest year for which details are available, they accounted for 50 percent of
total transfer payments, while unemployment and injury compensation,
veterans payments and assistance contributed 21, 13, and 11 percent,
respectively.
Changes in distribution

SUEYEY OF CURRENT BUSINESS

17

Table 8.—Distribution of Farm Operator Families and Their Family Personal Income by
Family Personal Income Level, 1955-61
Number of farm operator families
(thousands)

Family personal income (before income
taxes)

1961 J

1960 i 1961 i

1955

1956

1957

1958

1959

1960 i

1, 600 1,508 1,427 1, 216 1,293 1,160 1,016
972
944
911
813
753
850
859
772
754
736
699
666
625
695
542
546
536
529
515
517
529

1,996
2, 409
2, 680
2,447

1,887
2,339
2, 622
2,402

1,793
2,258
2, 562
2,366

1, 552
2,109
2,435
2,422

1,634
2,127
2,421
2,300

1,482
2,020
2,323
2,314

1,316
1,878
2,180
2, 364

1955
Under $2,000 $2,000-$2,999
$3,000-$3,999
$4,000-$4,999

Aggregate family personal income (millions of
dollars)

1956

1957

1958

1959

$5,000-$5,999
$6,000-$7,499
$7,500-$9,999

383
336
240

387
344
249

389
353
255

408
407
310

386
362
264

390
391
298

391
417
348

2,093
2.232
2,059

2, 116
2,292
2,130

2,127
2, 354
2,189

2, 236
2,719
2,653

2,108
2,418
2,265

2,138
2, 613
2,545

2, 146
2,786
2, 973

$10,000-$14,999
$15 000-$19 999
$20,000-$24,999

153
42
18

158
44
19

164
46
19

200
60
24

170
49
20

193
57
23

224

1,830
721
395

1,896
751
410

1,957
787
427

2,387
1,016
537

2,032
837
450

2,297
974
517

2, 669

21
4

21
5

22
5

27
6

23
5

26
6

694
371

720
387

714
431

872
530

744
451

838
510

$25,000-$49,999
$50,000 and over
Total

i 133

5,087 4,969 4, 856 4,749 4,641 4,540 4,436 19, 927 19, 952 19, 965 21,468 19, 787 20,571

- 3. 340

21,652

(mean) family
As noted in the accompanying chart, Average
personal income.
$3, 917 $4,015 $4, 111 $4, 521 $4, 264 $4, 531 $4,881
marked shifts have occurred in the
Percent distribution
number of units classified at the various
income levels since the early postwar Under $2.000 .
6. 1
7.2
8.3
7 2
31.5 30.3 29.4 25. 6 27.8 25.5 22.9
9. 5
9.0
10.0
9.8
S. 7
19.1 19.0 18.8 17.9 18. 5 17.9 17.0
12. 1
9.8
10.7
11.3
11.7
year 1947. In that year, about three- $2,000-$2,999
12.2
15.2 15.2 15.1 14.7 15.0 14.7 14. 1
13.4
12.8
11.3
10.
I
11.3
$3'000-$3 999
13.1
11.6
11.2
10. 9
10.7 10. 8 10.9 11.4 11.1 11.4 11. 9
11.3
12.3
12.0
11.8
fourths of the consumer units were $4,000-$4,999
10.4
7.8
10.4
7.5
8.6
8.6
8.8
10.7
9. 9
8.0
10.5
10. 6
10.7
8.3
found in income classes below $5,000 $5,000-$5,999
12.2
12. 7
6.6
8.6
12. 9
6.9
7.3
8.6
9.4
11.2
11. 5
12.7
7.8
11.8
$6,()00-$7,499
6. 5
11.4
12.4
13. 7
4.7
6.6
12.4
5.0
7. 8
10.7
5. 3
5.7
10.3
11.0
of current income. By 1962, this group $7,500-$9.999
3.2
3.4
4.2
11.1
4.2
9.2
9.8
10.3
11.2
3.0
9.5
12. 3
3.7
5.0
accounted for about two-fifths of all $1$10,000-$14,999--..
.8
3.8
4.2
4. 7
.9
.9
3.6
3.9
1. 3
1.1
1.3
4.7
5,000-$! 9,999
.4
.4
.4
2.1
2. 5
.4
.5
2.1
2 5
2.3
2.0
consumer units. This decline has $20,0()0-$24,999
- 3.1
.4
.4
.6
4.1
3.8
4. 1
.4
.6
3.6
3.6
.5
3.5
resulted in a marked increase in the $25,0()()-$49,999
.1
.1
.1
.1
.1
2.2
.1
1.9
2.5
2.3
2.5
$50 000 and over
1.9
percentage of units receiving income of
100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
100. 0
Total
between $5,000 and $10,000 and above
$10,000. The latter group, in par- 1. Includes Alaska and Hawaii.
ticular, has shown a notable increase
Families and Their Family Personal Income by Family
from 4)2 percent in 1947 to nearly 19 Table 9.—Distribution of Nonfarm
Personal Income Level, 1955-61
percent in 1962.
Number of nonfarm families (thousands)
Aggregate family personal income
Since substantial increases in prices
(millions of dollars)
Family personal
income (before
have occurred over the period, it is
income taxes)
1955 1956 1957 1958 1959 1960 i 19611 1955
1959
19601 1961 i
1956
1957
1958
pertinent to examine differences in the
absolute distributions after abstracting Under $2,000
2,347 2, 156 2, 146 2, 295 2, 209 2, 210 2, 215 2, 894 2. 612 2, 583 2, 729 2, 620 2, 621 2, 618
2, 837 2, 401 2, 368 2, 489 2, 320 2, 275 2,271 7,227 6, 107 6, 003 6, 335 5, 893 5, 776 5, 756
from such changes. The accompanying $2,000-$2,999
5, 090 4, 525 4, 133 4,213 3, 711 3, 504 3,511 18, 023 15, 995 14, 573 14, 858 13, 085 12, 352 12, 371
$3,000-$3,999
6, 015 6, 002 5, 298 5, 191 4, 660 4,425 4,435 27, 163 27, 090 23, 910 23, 400 21, 026 19, 966 20, 000
chart also presents summary informa- $4,000-$4 999
5, 560 5, 400 5, 271 5, 219 5, 010 4, 925 4, 966 30, 507 29, 029 28, 914 28, 693 27, 565 27, 107 27, 320
$5,000-$5,999
tion on the 1947 distribution measured $6,000-$7,499
6, 368 6, 591 6, 875 6,819 7, 029 7, 099
42, 610 44, 101 45, 973 45, 700 47, 249 47, 774 48, 835
4, 825 5,706 6,330 6, 354 7, 229 7,504 7, 786 41, 233 48, 986 54, 312 54, 621 62, 100 64, 487 (JO, 915
in 1962 prices. The shifts to the upper $7,500-$9,999
2 850 3, 555 4, 054 4, 361 5, 000 5, 618 5,893 34, 305 42. 824 48. 804 52, 208 59. 680 67, 182 70, 510
$10 000 $14 999
income levels are not so marked as in $15,
822 1, 046 1,218 1,284 1, 658 1, 855
14, 084 17, 947 20, 892 22, 016 28, 266 31, 674
000-$ 19, 999
464
482
402
349
557
615
7,746 8, 957 10,317 10, 694 12, 359 13, 628
the case of the unadjusted series; nor $20,000-$24,999
3, 420
-83. 455
522
528
415
473
643
13, 902 15, 932 17, 559 17,562 19, 510 21, 094
590
has the decline of units at the lowest $25,000-$49,999
124
105
135
136
166
157
9,318 10, 564 11,531 11,443 13, 802 13, 285
$50,000 and over
income level been as substantial.
Total
_ _ 37, 583 38, 381 38, 814 39, 371 40, 139 40, 830 41, 754 249, 012 270, 744 285, 371 290, 259 313, 155 326, 946 337, 780
With the exception of recession years, Average (mean) family
$6, 626 $7, 054 $7, 352 $7, 372 $7, 802 $8, 007 $8, 090
the decline in the number of units at the
lowest level-—the group under $2,000—
Percent distribution
has been continuous. Beginning in
6.3
5.6
5.5
5.8
5.4
5.5
1.2
5.3
1.0
0.9
0.8
0.8
Under $2.000
0.9
0.8
about 1956, however, the movement out $2
7.6
6.3
6.1
6.3
5.6
5.8
5.4
2.9
1.9
000-$2,999
2.3
1.8
2.1
2.2
1. 7
13.5 11.8 10.7 10.7
8.6
9.2
4.2
$3,000-$3,999
8.4
7.2
5.9
3.8
5.1
5.1
3. 7
of this class appears to have slowed $4,000-$4,999
16.0 15.6 13.7 13.2 11.6 10.8 10.6
6.7
10.9
10.0
8.4
6.1
8.1
5. 9
down. It should be noted that the $5,000-$5,999
14.8 14.1 13. 6 13.3 12.5 12.1 11.9
8.3
12.2
10.9
10.1
9.9
8.8
8. 1
16.9 17.2 17.7 17.3 17.5 17.4 17.4
$6,000-$7 499
14.6
16. 3
16. 1
15.1
17.1
15.7
14. 4
number of units classified at the lowest $7 500-$9 999
12 8 14.9 16.3 16.1 18.0 18.4 18.7
18. 1
19.7
16.6
19.0
18.8
19.8
19.8
level of income is subject to relatively $10 000-$14 999
7.6
9.3 10.4 11.1 12.5 13.8 14.1
13.8
17. 1
20.5
15.8
19.1
20. 9
18.0
3.3
2.2
2.7
4.4
4.1
5.7
6.6
9.7
3.1
7 3
7.6
9.0
higher estimating error than is the case $15,0()0-$19,999
1.2
1.2
.9
1.4
1.5
1.0
3.3
3.6
$20,000- $24,999
3.1
3.7
4.0
4.2
8.2
• 24. 7
for other classes. Detailed and accu- $25,000-$49,999
1.3
1.6
1.1
5.9
1.2
1.5
5.6
6.2
- 1.3
6.2
6.4
6.0
.4
.4
.4
3.9
.3
.3
.4
3.7
4.1
$50,000 and over .
4.4
4.0
4. 1
rate information necessary for making
100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Total
reliable estimates of income for this
group are, by and large, lacking and
1. Includes Alaska and Hawaii.




( ,,,

SURVEY OF r U R R E X T BUSINESS

18

April 19(33

Table 10.—Number of Consumer Units and Persons, and Aggregate and Average Family Personal Income, 1955-61
Families

Families and unattached individuals
Family personal income

Number of persons
Yt.*ur

Number of
families
(millions)

Average income

Number of
consumer
units
(millions)

Total
(millions)

52.2
52.8
53.6
54.6
55 3
56.1
57.3

1955
[956.
L957
1958
1959
I960 i
1961 t

Number of persons

162. 7
165. 8
169. 0
172.1
175. 1
178.8
181.0

Average
number
per
consumer
unit

Amount
(billions)
of dollars)

3.12
3. 14
3.15
3.15
3.17
3. 19
3. 1C

294. 2
317.4
334. 6
343.3
365. 8
381. 9
396. 2

Per
Per
consumer capita
unit
(dollars)
(dollars)
5, 640
6, 007
6, 238
6, 284
6, 615
6, 812
6, 916

1,808
1, 915
1, 9^0
1,995
2 090
2, 136
2, 189

Unattached individuals
Family personal income

Average
Total
number Amount
Per
per
(billions) family
(millions)
family of dollars) (dollars)

153.2
156. 3
159. 0
161. 6
164. 5
168. 1
169.9

42.7
43. 4
43.7
44.1
44.8
45.4
46.2

3.59
3.60
3. 64
3. 66
3. 67
3. 71
3.68

268. 9
290. 7
305. 3
311.7
332. 9
347. 5
359, 4

6, 303
6, 706
6, 992
7, 065
7, 435
7, 660
7, 782

Per
capita
(dollars)

1, 755
1, 860
1,920
1,930
2,023
2, 067
2, 115

Number of
unattached
individuals
(millions)

9.5
9.5
10.0
10.5
10.5
10.7
11.1

Family personal
income

Amount
(billions
of
dollars)

Per
capita
(dollars)

25.3
26.8
29.3
31. 5
32.9
34.4
36. 8

2, 663
2, 816
2, 937
3, 003
3,123
3.217
3,315

1, Includes Alaska and Hawaii.
Table 11.—Distribution of Family Personal Income and Federal Individual Income Tax
Liability Among Quiiitiles and Top 5 Percent of Consumer Units, 1955-611
Percent distribution of—
Quintile

1955" lowest
3_
4
Highest

Total
Top 5 percent
W6t>: Lowest

3
4

Highest
Total
Top 5 percent19') 7: Lowest
9

3.
4
Highest
Total
Top 5 percent
1958: Lowest
3
4

Highest ...

-.

Total
Top 5 percent
1959: Lowest

3
4

Highest
Total
Top 5 percent
I960:8 Lowest
2..
3
4
Highest ._
Total
Top 5 percent
1961 :3 Lowest
2
3-_

.

4

Highest

- -

Total
Top 5 percent -

_. - ~

Aftertax
income

Lower income limit
of quintile 2
Tax
Afterrate
BeforeAftertax
(percent) tax
basis tax basis
income
(dollars)
(dollars)
(dollars)

Mean amount of—
Family
personal
income
(dollars)

Tax
liability
(dollars)

1, 355
3, 200
4, 634
6, 2<)()
12, 722

39
165
29S
520
1,728

Family
personal
income

Tax
liability

4.8
11.3
16. 4
22 3
45.2

1.4
6.0
10.9
18.9
62.8

5 2
11. 9
17.0
22.7
43.2

100.0

100.0

100.0

5, 640

550

5,090

9.8

20.3

39.2

18.2

22, 893

4, 317

18, 576

4.8
11.3
16.3
22.3
45 3

1.5
6.2
11.0
19.0
62.3

5. 2
11.9
16. 9
22. 6
43. 4

1, 437
3, 403
4, 898
(i, 691
13, 604

46
188
333
571
1, S80

1,391
3, 215
4, 565
6, 120
11,724

100.0

100.0

100.0

6,007

604

5, 103

10.0

20.2

38.5

18.1

24, 210

4, 653

19, 558

4.7
11.1
16. 3
22.4
45. 5

1.5
6.2
11.3
18. 9
62. 1

5.0
11.7
16. 9
22.8
43. 6

1, 462
3, 471
5, 087
6, 983
14, 185

48
196
356
596
1,954

1,413
3, 275
4, 731
6, 386
12, 232

100.0

100.0

100.0

6, 238

630

5, 608

10.1

20.2

38.3

18. 1

25, 139

4, 822

20,317

4.7
11.0
16. 3
22 5
45.5

1.5
6.0
11.5
19. 1
61.9

5.0
11.6
16.8
22 9
43.7

1,472
3, 480
5, 115
7, 0<>3
14, 292

45
186
353
587
1, 905

1, 427
3, 294
4, 762
6,476
12, 387

100.0

100.0

100.0

6, 284

615

5,669

9.8

20.0

37.6

18.1

25, 124

4,628

20, 495

4.6
10.9
16. 3
22. 6
45. 6

1.5
6.1
11.8
19.0
61.6

4.9
11. 5
16.8
23.0
43.8

1, 513
3,615
5, 396
7,474
15, 078

51
207
397
642
2, 081

100.0

100.0

100.0

6,615

20.0

37.2

18.0

4.6
10.9
16.4
22 7
45.4

1.6
6.3
12.2
19.1
60.8

4.9
11.5
16.8
23.1
43.7

100.0

100.0

100.0

6,812

686

6,126

10.1

19.6

36.1

17.7

26, 695

4,957

21, 738

4.6
11.0
16.4
22.6
45.4

1.6
6.3
12.2
19.0
60.9

5.0
11.5
16.9
23.0
43.6

1, 603
3, 805
5, 665
7,829
15, 678

57
223
429
671
2, 147

100.0

100.0

100.0

6,916

19.6

36. 2

17.7

27, 050

1,316
3, 035
4, 336
5, 770
10,991

2 9
5. 1
6.4
8.3
13. 6

2, 390
3, 920
5, 370
7,410

2, 280
3,710
4, 980
6, 750

18. 9

13, 070

11, 780

3.2
5. 5
6. 8
8. 5
13. 8

2, 540
4, 170
5, 680
7, 960

2,420
3, 920
5, 240
7, 260

19.2

13, 960

12, 480

3.3
5. 6
7.0
8 5
13"! 8

2, 590
4.280
5,940
8, 320

2, 460
4, 020
5, 470
7, 590

19.2

14, 580

12, 990

3.0
5.3
6. 9
8.3
13.3

2, 610
4, 21)0
5, 970
8, 450

2, 490
4, 030
5, 520
7,730

18. 4

14, 700

13,080

1, 462
3,407
4, 999
6,832
12, 995

3.4
5. 7
7.4
8. 6
13.8

2, 690
4, 500
6, 320
8, 910

2. 550
4,210
5, 800
8, 130

676

5, 939

10.2

26, 408

5, 026

21,382

19.0

15, 740

13, 720

1,560
3, 725
5, 574
7, 724
15,479

54
215
417
658
2, 087

1, 506
3, 510
5, 157
7, 066
13, 392

3.5
5.8
7.5
8.5
13.5

2, 770
4, 650
6, 530
9,260

2, 630
4, 310
6, 000
8,440

18.6

16, 220

14, 190

1, 546
3, 583
5, 236
7, 158
13. 531

3.6
5.8
7.6
8.6
13.7

2,840
4, 730
6, 630
9, 3SO

2, 700
4,420
6,070
8,540

705

6,211

10.2

5,105

21. 946

18.9

16. 430

14, 360

1. Consumer units are ranked by size of fami]ly personal income. In addition to April 1958 issue of SURVEY OF CURRENT
BUSINESS, see table 3 of "Income Distribution in the United States, by Size, 1944-50."
2. Rounded to nearest $10.
8, Includes Alaska and Hawaii.




data becoming available currently have
not yet been incorporated in the present
estimates.
Concentration in middle income
levels

In 1947, the heaviest concentration
of families and unattached individuals
was found in the $3,000-$4,000 income
class. With the increase in average
family personal income the modal
income has risen. This upward movement was temporarily checked by the
1954 recession. Since 1956, the mode
has been in the $4;000-$5,000 class.
As the distribution has moved upward, it has also flattened out. Instead of a high concentration in one or
two income classes, families are now
more evenly spread over the middle
income groups. In 1947, fully 50 percent of all units were accounted for in
the modal class of $3,000-$4,000 and in
the two adjacent classes. In 1962, the
same percentage of units was spread
over 5 classes centered on the modal
class. It is interesting to note that the
percentage of units in each of these
classes is quite uniform. None of them
contained more than 10.6 percent or
less than 8.5 percent of the total.
The tendency of the distribution to
contain many classes of near uniform
concentration is not to be confused
with changes in the underlying relative
distribution of income. In order to
examine the latter, it is convenient to
divide the units, arrayed in order of
size, into 5 equal divisions called quintiles. Table 11 shows such an arrangement and provides the percentage of
total income found in each quintile as

SUKVEY OF CURKENT BUSINESS

April 1963

19

Table 12.—Distribution of Federal Individual Income Tax Liability of Consumer Units, Average Tax, Average Income, and Tax Rate, by
Family Personal Income Level, 1955-61
1955

Family personal income
(before income taxes)

Federal individual income
tax liability
Amount
(millions
of
dollars)

Under $2,000
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6 000-$7,499
$7,500-$9,999

-_ -

$10,000-$14,999
$15,000-$19,999
$20 000-$24,999
$25 000-$49,999
$50 000 and over

__ __ -

Total

Percent
distribution

Average
(dollars)

1956

Average
family
personal
income
(dollars)

Federal individual income
tax liability

Tax
rate
(percent)

Amount
(millions
of
dollars)

Percent
distribution

Average
(dollars)

Average
family
personal
income
(dollars)

Tax
rate

(percent)

Federal individual income
tax liability
Amount
(millions
of
dollars)

Percent
distribution

Average
(dollars)

Average
family
personal
income
(dollars)

Tax
rate
(percent)

204
684
1,387
2,047

0.7
2.4
4.8
7.1

25
116
189
279

1,132
2,513
3,518
4,506

2.2
4.6
5.4
6.2

190
655
1,323
2,093

0.6
2.0
4.2
6.6

25
121
195
283

1,126
2,511
3,514
4,502

2.2
4.8
5.5
6.3

197
650
1,277
1,935

0.6
1.9
3.8
5.7

26
121
197
284

1,123
2,509
3,507
4,499

2.3
4.8,
5.6
6. 3

2,585
3,983
4,052

9.0
13.9
14.1

409
575
779

5,482
6,688
8,547

7.5
8.6
9.1

2,572
4,147
4,776

8.1
13.0
15.0

412
575
781

5,481
6,687
8,583

7.5
8.6
9.1

2,533
4,271
5,191

7.5
12.6
15.4

408
566
766

5,480
6,683
8,578

7.5
8.5
8.9

3,727
1,944
1,322

13.0
6.8
4.6

1,215
2,200
3,496

12,031
17, 129
22, 170

10.1
12.8
15.8

4,600
2,443
1,509

14.4
7.7
4.7

1,212
2,197
3,494

12, 037
17, 161
22, 255

10.1
12.8
15.7

5,122
2,772
1,691

15.2
8.2
5.0

1,188
2,150
3,417

12, 032
17, 154
22, 244

9.9
12.5
15.4

3,160
3,605

11.0
12.6

6,997
31, 298

33, 524
88, 663

20.9
35.3

3,587
4,005

11.2
12.5

7,004
29, 771

33, 667
85, 810

20.8
34.7

3,867
4,294

11.4
12.7

6,859
29, 143

33, 623
85, 750

20.4
34.0

28,700

100.0

550

5,640

9.8

31,900

100.0

604

6,007

10.0

33,800

100.0

630

6,238

10.0

1958

Family personal income
(before income taxes)

1957

Federal individual income
tax liability

1959

Average
family
personal
income
(dollars)

Federal individual income
tax liability

Tax
rate
(percent)

Amount
(millions
of
dollars)

Percent
distribution

19601

Average
family
personal
income
(dollars)

Tax
rate
(percent)

Federal individual income
tax liability
Amount
(millions
of
dollars)

Percent
distribution

Average
family
personal
income
(dollars)

Tax

rate
(percent)

Amount
(millions
of
dollars)

Percent
distribution

Average
(dollars)

Under $2,000
$2,000-$2,999
$3,000-$3,999
$4 000-$4,999

180
609
1,229
1,897

0.5
1.8
3.7
5.6

23
110
185
279

1,118
2,513
3,507
4,493

2.1
4.4
5.3
6.2

191
629
1,200
1,818

0.5
1.7
3.2
4.9

26
119
195
288

1,117
2,509
3,506
4,497

2.3
4.7
5.6
6.4

187
612
1,152
1,764

0.5
1.6
3.0
4.6

25
118
194
286

1,117
2,512
3,506
4,496

2.3
4.7
5.5
6.4

$5 000-$5,999
$6,000-$7,499
$7 500-$9,999

2,500
4,184
5,142

7.5
12.5
15.3

401
551
747

5,492
6,696
8,593

7.3
8.2
8.7

2,481
4,425
5,860

6.6
11.8
15.7

411
565
758

5,495
6,714
8,588

7.5
8.4
8.8

2,449
4,450
5,994

6.4
11.6
15.6

408
557
744

5,498
6,720
8,590

7.4
8.3
8.7

Average
(dollars)

Average
(dollars)

$10 000-$14,999
$15,000-$19,999 $20 000-$24 999

__

5,409
2,861
3,718

16.1
8.5
5.1

1,159
2,086
3,313

] 1,965
17, 144
22, 203

9.7
12.2
14.9

6,190
3,644
1,960

16.6
9.8
5.2

1,169
2,096
3,320

11,933
17, 048
22, 188

9.8
12.3
15.0

6,788
3,978
2,107

17.6
10.3
5.5

1,141
2,045
3,230

11, 952
17,073
22, 160

9.5
12.0
14.6

$25 000-$49 999
$50 000 and over

_

3,801
4,070

11.3
12.1

6,586
27, 168

33, 236
84, 869

19.8
32.0

4,213
4,759

11.3
12.7

6,619
26, 513

33,081
83, 893

20.0
31.6

4,442
4,547

11.5
11.8

6,401
26, 449

32, 838
85, 326

19.5
31.0

33, 600

100.0

615

6,284

9.8

37,370

100.0

676

6,615

10.2

38,470

100.0

686

6,812

10.1

Total

1961 i

Federal individual income tax
liability

Family personal income (before income taxes)

Amount
(millions
of dollars)
Under $2,000
$2 000-$2,999
$3 000-$3 999
$4000-$4,999

- - - -_

$5,000-$5,999
$6,000-$7,499
$7 500-$9 999
$10,000-$14,999
$15 000-$19,999
$20 000-$24 999

-_
__

.
_

$25 000-$49 999
$50 000 and over
Total

-- -

Percent
distribution

Average
(dollars)

Average
family
personal
income
(dollars)

Tax rate
(percent)

184
606
1,155
1,794

0.5
1.5
2.9
4.4

26
118
194
286

1,115
2,511
3,505
4,496

2.3
4.7
5.5
6.4

2,489
4,629
6,295

6.2
11.4
15.6

407
561
746

5,495
6,720
8,588

7.4
8.4
8.7

7,227

17.9

1,151

11, 958

9.6

16, 031

39.6

4,403

24, 628

17.9

40,410

100.0

705

6,916

10.1

1. Includes Alaska and Hawaii.

well as the upper and lower limits of
each segment.
As can be seen by examining the
percent of income received by each of



the quintiles, the relative distribution
of income has remained essentially constant over the period covered by the
table. This approximate stability of

the shares of each of the quintiles is
characteristic of the relative distribution of income throughout the postwar
period.
Impact of the Federal income tax
As can be seen from a comparison of
the proportion of income in each quintile on a before and after tax basis,
the progressive tax structure has modified the relative distribution of income.
The share of total incomes received by
the lowest quintile, for example, increased from 4.6 percent on a before-tax
basis to 5.0 percent after payment of
the Federal income tax. For the highest 20 percent of the units, the share
changed from 45.4 percent to 43.6
percent. If the changes in the tax
schedule which are currently proposed

SURVEY OF CURRENT BUSINESS

20

April 1963

Table 13.—Distribution of Consumer Units and of Family Personal Income After Federal Individual Income Tax Liability, by Level of
After-Tax Income, 1955-61
1955

Family personal income
after Federal individual
income tax liability

After-tax family
Number
of fampersonal income
ilies and
unattached Aggregate
indi(millions Average
of
viduals
(dollars)
(thoudollars)
sands)

1956
After-tax family
Number
of fampersonal income
ilies and
unattached Aggregate
After tax
indi(millions Average
income
viduals
of
(dollars)
(thoudollars)
sands)

Percent
distribution

Number

1957
Percent
distribution

Number
ATter-tax family
of fampersonal income
ilies and
unattached Aggregate
Number After tax
indi(millions Average
of
income
viduals
(dollars)
(thoudollars)
sands)

Percent
distribution

Number

After tax

Under $2,000$2,000-$2,999__
$3,000-$3,999__
$4,000-$4,999__

8,758
6,510
7,992
8,197

10,119
16,401
28,039
36,826

1,155
2, 519
3, 508
4,493

16.8
12.5
15.3
15.7

3.8
6.2
10.5
13.9

8,212
5, 984
7,591
8,152

9, 459
15,076
26, 686
36, 627

2,519
3,515
4,493

15.5
11.3
14.4
15.4

3.3
5.3
9.3
12.8

8,131
5, 959
7,185
7,649

9,334
14, 994
25, 207
34, 431

1,148
2,516
3,508
4, £02

15.2
11.1
13.4
14.3

3.1
5.0
8.4
11.4

$5,000-$5,999__
$6,000-$7,499__
$7,500-$9,999__

6,694
6,050
4,032

36, 665
40,275
34, 303

5,477
6,657
8,509

12.8
11.6
7.7

13.8
15.2
12.9

6,799
6,378
4,932

37,295
42,632
41, 999

5,485
6,685
8,516

12.9
12.1
9.3

13.1
14.9
14.7

6,868
6,821
5,542

37, 731
45, 583
47, 205

5,494
6.^83
8,517

12.8
12.7
10.3

12.5
15.2
15. 7

$10,000-$14,999___.
$15,000-$19,999___.
$20,000 and over-

2,590
729
618

30,836
12,437
19, 638

11, 903
17,061
31, 775

5.0
1.4
1.2

11.6
4.7
7.4

3, 205
883
714

38,176
15,026
22, 572

11,911
17,007
31, 621

6.1
1.7
1.3

13.4
5.3
7.9

3,675
1,023
797

43,786
17. 392
25,184

11,914
17,001
31,613

1.9
1.5

14.6
5.8
8.3

Total.

52,170

265,539

5,090

100.0

100.0

52,850

285,548

5,403

100.0

100.0

53,650

300,847

5,608

1958

Family personal income
after Federal individual
income tax liability

After-tax family
Number
of fampersonal income
ilies and
unattached Aggregate
indi(millions Average
of
(dollars)
viduals
(thoudollars)
sands)

1,152

1959

After-tax family
Number
of fampersonal income
ilies and
unattached Aggregate
After tax
indi(millions Average
of
viduals
(dollars)
(thoudollars)
sands)

Percent
distribution

Number

100.0

100.0

1960

Percent
distribution

Number

After-tax family
Number
of fampersonal income
ilies and
unattached Aggregate
After tax
indi(millions Average
of
viduals
(dollars)
(thoudollars)
sands)

Percent
distribution

Number

After taxincome

Under $2,000..
$2,000-$2,999__
$3,000-$3,999__
$4,000-$4,999__

8,082
6,102
7,392
7,519

9,194
15, 359
25, 936
33, 786

1,138
2,517
3,509
4,493

14.8
11.2
13.5
13.8

3.0
5.0
8.4
10.9

7,934
5, 856
6,821
7,090

9,037
14, 713
23,922
31,891

1,139
2, 513
3,507
4,498

14.4
10.6
12.3
12.8

2.8
4.5
7.3
9.7

7,727
5, 714
6,622
6,906

8,798
14,358
23,229
31,082

1,139
2, 513
3, 508
4,501

13.8
10.2
11.8
12.3

2.6
4.2
6.8
9.0

$5,000-$5,999__
$6,000-$7,499__
$7,500-$9,999_.

6,839
6,996
5,856

37, 524
46, 717
50,055

5,487
6,678
8,547

12.5
12.8
10.7

12.1
15.1
16.1

6, 730
7, 546
6,611

36, 956
50,513
56, 579

5,492
6,694
8, 558

12.2
13.6
12.0

11.2
15.4
17.2

6,727
7,818
6,976

36, 944
52, 383
59, 835

5, 492
6,700
8, 578

12.0
14.0
12.4

10.8
15.2
17.4

$10,000-$14,999___.
$15,000-$19,999___
$20,000 and over-

3,911
1, 095
828

46,413
IS, 600
26, 073

11, 868
16, 979
31,510

7.2
2.0
1.5

15.0
6.0
8.4

4, 517
1, 269
926

53,918
21, 501
29,395

11,937
16, 943
31, 729

8.2
2.3
1.6

16.4
6.5
9.0

5,126
1,446

61, 148
24,486
31,174

11,929
16,933
31,226

9.1
2.6
1.8

17.8
7.1
9.1

Total.

54, 620

309,657

5, G69

100.0

100.0

55,300

328,425

5,939

100.0

100.0

56, 060

343,437

6,126

100.0

100.0

1961 i

Family personal income after Federal individual income
tax liability

Number of
After-tax family perfamilies
sonal income
and
unattached
individuals Aggregate
Average
(thousands) (millions
(dollars)
dollars)

7,052

13.3
9.9
11.7
12.3

2.4
4.0
6.6

6,895
8,083
7,335

37, 877
54,136
62, 901

5.493
6, 698
8.711

12.0
14.1
12.8

10.6
15.2
17.7

5,371
2,591

64, 022
58, 802

11, 920
22, 703

9.4
4.5

18.0
16.6

57,290

355,818

6,211

100.0

100.0

$5,000-$5,999__
$6,000-$7,499__
$7,500-$9,999__
$10,000-$14,999.__
$15,000-$19,999.__
$20,000 and over..




After tax
income

1,136
2,514
3,509
4,500

7,605
5,

1. Includes Alaska and Hawaii.

Number

8,642
14, 300
23, 400
31, 738

Under $2,000$2,000-$2,999__
$3,000-$3,999__
$4,000-$4,999._

Total..

Percent distribution

are adopted, some change in the impact
of the tax structure on the relative
distribution of income can be expected
but cannot be appraised at this time.
It is important to note that the
effects of the progressivity of the tax
structure would be even more apparent
if additional detail were available for
the extremely high before-tax-in comes.
As can be seen from the table, the
upper 5 percent of the distribution begins at $16,430, an income point at
which the very high tax rates are not
yet effective.

BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1961 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (t), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the July 1961 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1960 | 1961 j 1962

1959
IV

Annual total

1960
I

II

1961
III

IV

I

II

1962
III

IV

I

II

|

III

IV

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
Xational income, totalf
Compensation of employees, total
Wages and salaries, total
Private
Military
Government civilian
Supplements to wages and salaries
Proprietors' income, totaled 1
Business and professional of
Farm
Rental income of persons
Corporate profits and inventory valuation
ment, total
_
_

bil. $

415.5

427.8

' 458. 0

403.9

413.9

417.2

416.6

414.4

411.8

424.3

431.3

444.0

448.9

456.7

459.8

466.6

do

293.7

302.2

321.6

283.0

290.6

294.6

295.8

293.9

294.1

300.2

304.5

309.9

315.2

321.7

323.8

325.8

271.3
222.9
9.9
38.5
22.4
46.2
34.2
12 0
11.9

278.8
227.0
10.2
41.6
23.4
47.8
34.8
13.1
12.3

295.8
239. 7
11.0
45.2
25.8
49.8
36.8
13.0
12.8

262.5
216.5
9.8
36.1
20.6
45.9
35.1
10.8
11.9

268.5
221.6
9.8
37.1
22.0
45.2
34.5
10.7
11.9

272.2
224.4
9.8
38.0
22.3
46.9
34.5
12.4
11.9

273.3
224.2
9.9
39.1
22.5
46.3
34.1
12.2
11.9

271.3
221.6
10.0
39.7
22.6
46.5
33.8
12.7
12.0

271.2
220. 8
10.0
40.4
22.9
46.5
33.7
12.8
12.0

276.9
225.8
10.0
41.2
23.2
47.2
34.5
12.7
12 2

281.0
228.8
10.0
42.2
23.5
48.1
35.1
13.1
12.3

286.1
232. 5
10.8
42.8
23.8
49.5
36.0
13.6
12.5

289.9
235.0
11.2
43.7
25.2
49.1
36.2
12.9
12.6

295.9
240.1
11.2
44.6
25.8
49.5
36.8
12.8
12.8

297.8
241. 4
10.9
45.5
25.9
49.7
37.0
12.8
12.9

299.7
242.2
10.6
46.9
26.1
50.9
37.3
13.6
12.9

45.6

45.5

'51.5

46.0

48.6

46.2

44.4

43.3

40.1

45.0

46.0

51.1

50.4

50.7

51.0

54.0

45.4
22.4
23.0
14.4
8.6
.2

45.6
22.3
23.3
15.0
8.3
.0

'51.3
r
25.0
'26.3
15.9
'10.3
.2

45.3
22.0
23.3
14.2
9.0
.7

49.2
24.3
24.9
14.3
10.6
-.6

46.4
22.9
23.5
14.2
9.2
-.2

43.3
21.4
21.9
14.4
7.5
1.2

42.8
21.1
21.7
14.5
7.1
.5

39.8
19.4
20.3
14.7
5.6
.3

44.8
21.9
22.9
14.8
8.1
.2

46.3
22.6
23.7
14.9
8.7
-.3

51.4
25.1
26.3
15.5
10.8
-.3

50.1
24.4
25.6
15.8
9.9
.3

50.9
24.9
26.1
15.8
10.3
-.2

51.1
24.9
26.1
15.8
10.3

53.2
26.0
27.3
16.4
10.9
.8

do__.
do
do
do
do
do
do
do
do
adjustbil. $

Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
__ __ do
Dividends
do
Undistributed profits
do
Inventory valuation adjustment
do
do

18.1

20.0

22.2

17.0

17.6

17.7

18.2

18.8

19.1

19.8

20.3

21.0

21.5

22.0

22.5

23.0

do

503.4

518.7

553.9

488.5

501.7

504.8

503.7

503.3

500.8

513.1

522.3

538.6

545.0

552.0

555.3

563.5

Personal consumption expenditures, total.. do

328.5

338.1

356.7

318.8

323. 9

329.9

329.8

330.5

330.5

335.5

340.1

346.1

350.2

354.9

358.2

363.5

44.8
18.8
19.1
151.8
28.1
79.5
11.7
131.9
19.6
41.8
10.7

43.7
17.2
19.3
155.2
28.6
81.1
11.9
139.1
20.6
43.9
11.1

47.5
20.1
19.9
162.0
30.0
84.7
12.5
147. 1
21.7
46.0
11.6

43.1
16.9
19.3
148.9
27.8
78.3
11.3
126.8
18.8
40.3
10.5

45.1
19.0
19.3
150. 0
28.1
78.5
11.5
128.9
19.2
40.9
10.6

45.8
19.5
19.2
152.6
28.3
79.9
11.6
131.5
19.6
41.7
10.6

44.5
18.3
19.1
152. 5
28.4
79.5
11.7
132.8
19.7
42.2
10.6

44.0
18.3
18.7
152.3
27.8
80.2
11.9
134.2
20.0
42.6
10.7

40.8
15.4
18.4
153.5
28.1
80.3
11.9
136.2
20.2
43.1
10.9

43.5
16.9
19.2
153.9
28.0
80.6
11.7
138.0
20.6
43.6
10.9

44.0
16.9
19.7
156.2
29.0
81.5
11.9
139.9
20.7
44.1
11.1

46.6
19.4
19.8
157.2
29.2
82.1
12.1
142.3
21.0
44.8
11.4

46.3
19.1
19.7
159.9
29.8
83.7
12.1
144.1
21.3
45.2
11.5

47.2
20.3
19.3
161.3
29.8
84.2
12.3
146.3
21.8
45.7
11.5

47.1
19.3
20.1
163.0
30.3
85.3
12.5
148.1
21.9
46.2
11.6

49.6
21.5
20.5
163.9
30.2
85.6
12.8
150. 1
22.0
46.8
11.8

do

72.4

69.3

76.6

73.2

79.1

73.5

70.3

66.5

60.1

67.6

72.4

76.6

75.9

77.4

76.3

76.2

do
do
do
do
do

40.7
21.1
27.6
4.1
3.7

41.6
21.0
25.5
2.1
1.9

44.5
23.3
28.9
3.2
3.2

39.6
21.3
26.4
7.1
7.0

40.9
21.5
27.4
10.8
10.6

40.7
21.2
28.4
4.4
4.1

40.5
21.0
27.7
2.1
1.7

40.7
20.5
26.8
-1.1
-1.5

39.3
19.0
24 .4
-3.6
-3.9

41.0
20.1
24.6
2.1
1.8

42.6
21.9
25.8
4.0
3.8

43.2
22.8
27.4
6.0
5.9

41.6
21.2
27.6
6.7
6.6

44.5
23.3
28.9
4.0
3.9

46.1
24.3
29.2
1.0
1.0

45.0
23.8
29.9
1.2
1.1

do
do
do

2.9
26.4
23.5

4.0
27.3
23.3

3.3
28.4
25.2

.0
23.8
23.9

1.4
25.3
23.9

2.4
26.5
24.2

2.8
26.5
23.6

4.9
27.2
22.3

5.3
27.4
22.2

4.0
26.4
22.4

2.8
26.9
24.1

3.8
28.3
24.5

3.7
28.2
24.5

3.7
29.0
25.3

2.5
28.3
25.8

3.2
28.2
25.0

Govt. purchases of goods and services, total.. do
Federal (less Government sales)...
do
National defense 9
do
State and local
_ do

99.7
53.2
45.7
46.5

107.4
57.0
49.0
50.4

117.3
62.4
53.4
55.0

96.5
52.8
46.1
43.7

97.2
52.5
45.4
44.7

99.0
53.1
45.8
45.9

100.8
53.6
45.7
47.2

101.4
53.6
45.8
47.8

104.8
55.4
47.7
49.4

106.0
56.6
49.0
49.4

106.9
56.5
48.4
50.4

112.1
59.5
50.8
52.6

115.2
61.9
53.0
53.3

116.0
62.1
53.2
54.0

118.2
62.7
54.0
55.5

120.7
63.4
54.2
57.3

499.4
254.1
95.0
159.2
188.6
56.7

516.6
257.2
94.0
163.3
200.7
58.6

550.6
273.7
102.9
170.8
214.8
62.1

481.4
245.7
91.9
153.8
181.3
54.4

490.8
251.3
94.0
157.3
183.8
55.8

500.4
256.2
96.9
159.3
187.7
56.4

501.5
254.9
94.8
160.1
189.9
56.8

504.4
254.1
94.2
160.0
193.1
57.2

504.4
251.6
90.2
161.4
195.9
56.8

511.0
254.4
92.6
161.8
199.0
57.5

518.3
257.8
94.3
163.5
201.3
59.2

532.6
265.0
98.8
166.3
206.6
61.0

538 3
268.2
99.9
168.4
211.1
59.0

547.9
272.6
102.6
170.0
213. 5
61.8

554. 2
274.7
103.0
171.7
215.9
63.6

562.3
279.2
106.4
172.8
219.5
63.7

4.1
2.3
1.8

2.1
.0
2.1

2.1
2.1
4.4
—3. 6
4.0
-1.1
4.0
6.0
6.7
1.0
-5.5
-3.3
-1.3
2.8
3.4
3.5
3.5
1.9
2.2
3.4
1.6
2.2
1.9
3.1
.6
2.5
1.1
7
eludes d ata not s hown sej>arately.
9Goi ernmen t sales arc not ded ucted.
data ba ck to 194 7, see p. 35 of the July 1965} SURVEYr.

1.0
1.9
-.9

Net interest
Gross national product, totalf --

Durable goods, total ©
_
do
Automobiles and parts _ _ _
do _
Furniture and household equipment... -do
Nondurable goods, total©
do
Clothing and shoes
_
do
Food and alcoholic beverages
_ __ do_
Gasoline and oil
do
Services, total ©
do
Household operation
do
Housing
__
do
Transportation
_
do
Gross private domestic investment, total
New construction
Residential nonfarm- .. _ _ _
Producers' durable equipment
Change in business inventories
Nonfarm
Net exports of goods and services
Exports
Imports

By major type of product:*t
Final sales, total
_
Goods output, total.
Durable goods
Nondurable goods..
Services
Construction
_
Inventory change, total
Durable goods
Nondurable goods

_- -

do
_ do _
do
_
do
do
do
__

do
do
__..do

3.2
7.1
10.8
2.6
1.6
S.6
4.5
2.2
1.6
r
Revised.
t Revised series. Estimates of na tional in come an(i product and peirsonal
income have been revised back to 1959; revisions prio r to May 1961 for ]aersonal income a poear
on p. 13 of the July 1962 SURVEY.
cf Includes in ventory valuatioii adjustinent.
©In-




1.2
-.8
2.0
*For qu arterly

S-l

SURVEY OF CUEEENT BUSINESS

S-2
1960

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961 1 1962

Annual total

1961

1960
II

III

April 1963

IV

I

II

1962
III

IV

I

II

1963
III

IV

I

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con. t
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product, totalt
bil. $_

440.2

447.9

471.9

442.

439.7

437.7

433.9

443.9

450.4

463.4

467.4

470.8

471.6

477.7

Personal consumption expenditures, total ._ do. __

298.3

304.3

318.2

299.

299.1

298.8

298.2

302.5

306.0

310.6

313.9

316.9

319.0

322.8

42.2
141.4
114.7

41.6
143.3
119.4

45.
148.
124.

43.
142.
114.

41.8
141.9
115.4

41.8
140.7
116.3

39.0
141.5
117.7

41.3
142.3
118.8

41.7
144.4
120.0

44.4
144.9
121.4

44.1
147.0
122.8

44.6
148.1
124.1

44.6
149.5
125.0

47.6
149. 3
126.0

Durable goods
Nondurable goods
Services

do
do_ _
do. _

-

60.7

57.8

63.3

61.

58.6

55.8

50.0

56.5

60.4

64.1

63.3

64.1

62.4

62.8

do
do
do

34.3
22.7
3.7

34.8
21.1
2.0

36.5
23.8
2. 9

34.
23.
4.0

34.0
22.7
1.9

34.3
22.2

33.0
20.1
-3.0

34.3
20.2
2.0

35.6
21.3
3.5

36.1
22.7
5.4

34.6
22.8
5.9

36.7
23.8
3. 7

37.7
24.0
.8

36.8
24.8
1.3

do

1.5

1.8

5

1.0

1.5

3.3

3.5

1.7

.7

1.4

1.3

.7

-.3

.5

79.8
42.3
37.4

84.0
44.5
39.4

89.9
48.7
41.2

80.0
42.9
37.1

80.5
42.7
37.8

79.9
41.8
38.1

82.2
42.9
39.2

83.3
44.4
38.9

83.3
44.1
39.2

87.2
46.7
40.5

88.9
48.3
40.6

89.2
48.6
40.6

90.5
49.0
41.5

91.6
49.3
42.3

400.8
51.4
349.4

416.4
52.8
363.6

440.5
57.6
382.9

401.4
51.9
349.6

403.1
51.4
351.7

403.7
50.9
352.7

405.4
51.0
354.3

413.5
52.5
361.0

419.4
53.0
366.3

427.3
54.6
372.6

432.0
56.4
375.6

439.5
57.7
381.8

442.6
58.5
384.1

448.0
58.7
389.3

20.9

25.6

26.2

19.7

22.0

22.2

23.8

25.5

26. 3

26.5

25.4

26.9

26.0

25.8

8.92

8.59

9.33

9.28

8.98

9.53

7.57

8.61

8.65

9.54

8.02

9.50

9.62

10.18

18.48

3.62
1.80
1.82

3.42
1. 57
1. 85

3.67
1.76
1.91

3.76
1.88
1.88

3.62
1.80
1.81

4.01
1.95
2.06

3.00
1.41
1.59

3.46
1.58
1.88

3.34
1.50
1.84

3.88
1.79
2.09

3.14
1.44
1.69

3.69
1.77
1.92

3.72
1.79
1.93

4.13
2.03
2.10

3.37
1.65
1.72

3.90
1.86
2.04

.25
.26
.48
1.42
2.89

.24
. 17
.46
1.38
2.92

.27
.21
.52
1.37
3.29

.27
.29
.55
1.42
2.99

.25
.24
.47
1.50
2.90

.24
.25
.46
1.58
2.99

.21
.17
.41
1.09
2.69

.26
.18
.48
1.39
2.85

.25
.16
.47
1.50
2.94

.26
. 16
. 50
1.54
3.20

.26
.16
.47
1.06
2.94

.27
.26
.60
1.37
3.30

.28
.24
.50
1.54
3.35

.27
.20
.50
1.52
3.55

.23
.22
.36
1.07
3.22

.27
.30
.51
1.42
3.49

do

36.30

35.90

35.50

33.85

33.50

34.70

35.40

35.70

36.95

38.35

37.95

i 37. 95

do
do
do

14.70
7.40
7.30

14.65
7.35
7.30

14.40
6.85
7.55

13.75
6.50
7.25

13.50
6.20
7.30

13.65
6.10
7.55

14.00
6.40
7.60

14.20
6.55
7.60

14.45
6.95
7.50

15.05
7.25
7.80

15.00
7.30
7.70

15.30
7.50
7.80

15.30
7.30
8.00

1.05
1.10
2.15
5.70
11.60

1.00
1.00
1.90
5.60
11.75

.90
1.00
1.80
5.70
11.65

.95
.70
1.75
5.35
11.30

1.00
.70
1.80
5.50
11.05

1.00
.65
1.90
5.65
11. 85

1.00
. 60
1.95
5.55
12.35

1.15
.70
2.05
5.15
12.45

1.05
.95
2.25
5.40
12.85

1.10
1.00
2.00
5.75
13.40

1.00
.80
1.90
5.45
13.80

1.05
.95
1.65
5.30
13.70

1.05
1.10
2.00
5.60
13.70

4, 752

4,710

4,720

4,730

4,740

4,750

4, 760

4,770

4,780

4,790

4,800

4,810

8,000

8,078

7,690

7,411

8,082

8,622

8,271

8,092

8,428

8,454

3.369
770
1,309

3,417
756
1,337

3, 840
699
1,388

3,888
722
1,428

3,933
752
1,361

4,045
746
1,445

4,164
730
1,484

4,051
778
1,510

Gross private domestic investment, total___do.__
New construction
Producers' durable equipment
Change in business inventories

-

Net exports of goods and services

Government purchases of goods and services, total
bll. $.
Federal
do
State and local
do
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income, total
-bil. $_
Less* Personal tax and nontax payments
do
Equals' Disposable personal income
__do
Personal saving §

do

NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals or averages:
All industries
Manufacturing
Durable goods industries
Nondurable goods industries
Mining
Railroads
Transportation, other than rail
Public utilities
__
Commercial and other
Seas. adj. qtrly. totals at annual rates:
All industries
IV^anufacturing
Durable goods industries
Nondurable goods industries

bll. $__
do
_ _ do
do
do
do _
do
do
do

2

Mining
do
Railroads
do
Transportation, other than rail
do
Public utilities
do
Commercial and other
do
BUSINESS POPULATION
Firms In operation, end of quarter (seasonally adjusted)
thous

3 4, 658

3

U.S. BALANCE OF INTERNATIONAL
PAYMENTS*
Quarterly Data are Seasonally Adjusted
U.S payments, recorded
mil $

31,317

31, 805

33, 245

7,690

14, 723
3,048
5,417

14, 514
2,947
5,462

16, 193
3.006
5; 800

3, 836
758
1, 375

3,664
797
1,368

3,422
722
1, 327

842
3,405

878
4,051

924
4,271

205
833

211
826

222
978

221
962

221
804

216
1,094

220
1,191

233
1,035

222
1,028

225
1,063

244
1,145

do
do
do ._
do

3,882
1,694
850
1,338

3,953
1,475
1, 006
1,472

3, 051
1,377
1,207
467

683
271
209
203

1,134
415
170
549

1,407
684
235
488

1,059
457
120
482

876
269
218
389

845
429
194
222

1,173
320
474
379

957
231
402
324

606
401
299
-94

762
413
161
188

726
332
345
49

Imports:
Merchandise
Military expenditures
Other services

__

do
do_ _
do

Remittances and pensions
Govt. grants and capital outflows
U.S. private capital...
Direct investments
Long-term portfolio
Short-term .

_

do
do

4, 713

3

do. _

27, 984

30, 073

32, 064

7,055

7,002

7,062

7,400

7,930

6,976

7,767

7,686

8,022

8,153

8,203

Exports:
Merchandise
Services and military sales

do
do...

19, 459
7,554

19, 915
8, 151

20, 566
9,248

4, 876
1,909

4,940
1,843

4, 986
1,975

5,061
2,008

4.768
2,060

4,940
1, 951

5. 146
2il32

5, 072
2,183

5,340
2,417

5,170
2,216

4,984
2,432

Repayments on U.S. Govt. loans
Foreign capital other than liquid funds

do
do

636
335

1,274
733

1,275
975

147
123

172
47

147
-46

133
198

851
251

81
4

209
280

141
290

224
41

612
155

298
489

519

-1,106

-855

-585

-70

-275

-251

-360

193

-409

90

-144

-406

-540

U.S. receipts, recorded

Excess of recorded receipts or payments (—).__ do
Unrecorded transactions

do

-3, 333

-1,732 -1,181

-635

-998

-1,016

-592

-628 -1,000

-140

-159

-297

-290 .
-52

2

2

9. 89

38. 65

-3, 925 -2.360 -2, 181
-775 -1,157 -1,313
Total, net receipts (+) or payments (— )
. do
-342
159
-214
-913 -1,264
-495
-681
-791
•"Revised.
» Preliminary,
is base d on inc(>mplete lata.
i Estimates for Jan.-Mar. 1963 based on anticip ated eaj)ital exp<mditures of busiiless,
t S ee corres lending note on ) . S-l (n^visions IDrior to 3d qtr. 1 359 appe ar on p. 8 fl. of
2 Estimates for Apr.-June 1963 based OP anticii3ated ca pital exp enditures of busiiless.
the Jul y 1962 ST T RVEY).
Anticipated expenditures for the year 1963 are as fo Hows (iri bil. $): All indiistries, 2 9.10;
§ F ersonal s aving is excess of disposab le incom e over pe rsonal cc nsumpti on expenditures
v,
manufacturing, total, 15.69; durable goods industri 3S, 7.78; nondura ble gooc s in dust ries,
shown
as a com ponent o f gross na tional pi oduct on p. S-l.
7.90; mining, 1.01 ; railroads, .96; transportation, 1.84; public utilities, 5.66; conamercial and
* A/tore corr plete de tails are given ir the qu irterly rtjviews iri the MiIT., June, Sept.,
other, 13.94.
and D(3C. issues of the S URVEY. Revisio]is prior 1 o 4th qt r. 1959 will be she)wn later.
s Unadjusted. Data represent firms in operatiori as of j£m. 1; est imate foi* Jan. 1, 1962



SURVEY OF CURRENT BUSINESS

April 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

1962

Monthly
average

S-3

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.1'

451 1

452 7

GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
2

Seasonally adjusted, at annual rates:f
Total personal income

440 5

431 9

435 2

438 3

439 7

440 7

441.9

443 0

443 5

445 6

448 2

450 4

448. 8
452 4

278.8

295. 8

290.2

292.2

295.3

296.0

296.9

297.8

298.1

298.0

298.5

299.8

301.0

301.5 ' 303. 6 304.8

110.8
87.5
72 9

117.2
93.6
76 2

115.2
92.0
75 0

116.1
92.8
75 4

118.2
94.4
75 8

118.2
94.5
76 1

118.1
94.5
76 2

118.4
94.5
76.4

118.1
94 1
76 6

117.9
94 0
76 7

117.8
93 9
76 9

117.8
94 0
77 1

117.8
94 2
77 6

117.6
93 8
77 6

do
do
do

43.4
51.8
11.4

46.3
56.2
12.3

45.1
55.0
12.0

45.3
55.4
12.1

45.6
55.6
12.2

45.9
55.8
12.3

46 5
56.0
12.4

46.7
56.3
12.4

47 0
56.5
12.4

47 0
56.4
12.4

47 1
56.7
12. 5

47 2
57.7
12.5

47 5
58.0
12.5

do _
do

34 8
13.1

36 8
13.0

36 2
12.8

36 4
12.9

36 6
12 8

36 8
12.8

36 8
12.8

36 9
12.7

37 0
12.8

37 0
12.9

37 1
13.2

37 3
13.6

¥>• 3

12 8
15.9
29.7
34 6

12 6
15.8
28.8
33 8

12 7
15.9
29.0
34 5

19 7

15 8
29.2
34 2

12 8
15.8
29.4
34 2

12 8
15 8
29.6
34 i

12 8
15.7
29.8
34 2

12 9
15.7
30.0
34 5

12 9
16.0
30.2
34 5

12 9
16 1
30.4
35 5

bil. $__ !416 4

Wage and salary disbursements, total

do

Commodity-producing industries, total-do
Manufacturing only
-do
Distributive industries
do _ _
Service industries
Government
Other labor Income
Proprietors' income:
Business and professional
Farm

-

--

--

Rental income of persons
do
Dividends
do
Personal interest income
do
Transfer payments
-- do_ _
Less personal contributions for social insurance
bil. $._
Total nona°Ticultural income

do

15.0
27.4
33 4

1

T

94. 7
' 78 3

119.0
95.4
78 5

47 8
58.5
12.6

48. 1
58.8
12.7

48.2
59.1
12.7

37 4
14.0

37 6
13.4

'37 7
'12.9

37 8
12.7

12 9
16 2
30.6
35 8

12 9
17 0
30.8
35 5

13 0
16.3
31.1
2
38 7

13 0
16.4
31.3
35 3

13 0
16.4
31.6
35 4

11.8
11.7
2 434 6 r 434 o

435 7

r 118.
r

3

9.7

10.5

10.4

10.4

10.5

10.5

10.5

10.5

10.5

10.4

10.5

10.5

10.6

399 1

423 2

414 8

418 0

421 2

422 6

423 5

424 8

425 9

426 4

428 2

430 4

432 3

3 061

3,124

2 413

2, 531

2 248

2 365

2 428

2 792

3 272

3 827

4 933

4 213

3 218

3 372

2 422

2,937
1,319
1 618
409
918
265

2, 979
1,325
1,654
402
963
263

2,308
850
1 458
383
813
227

2,310
708
1 60'?
431
904
243

2, 153
615
1 538
412
862
230

2,342
667
1 675
441
949
251

2,407
873
1 534
418
854
237

2,717
1,209
1 508
395
857
241

3,181
1,463
1 718
385
1 046
271

3, 543
1,838
1 705
380
1 015
294

4,435
2 3°8
2 107
396
1 366
324

4,032
2.207
1 825
382
1 108
313

3,141
1 594
1 547
393
834
289

3,289
1,627
1 662
398
978
249

2,331
877
1 454
368
805
241

121
123
119

122
124
121

95
79
107

95
66
118

88
57
113

96
62
123

99
81
113

112
113
111

131
136
126

145
171
125

182
217
155

166
206
134

129
149
114

135
152
122

96
82
107

136
131
140

137
130
141

106
89
IIQ

105
67
134

98
51
133

110
150

114
82
139

126
118
133

144
142
146

155
176
140

200
235
174

186
225
157

147
161
136

151
169
137

109
90
124

117.2

11.8

FARM INCOME AND MARKETINGSd"
Cash receipts from farming, including Government
payments total cf
mil. $__
Farm marketings and CCC loans, total
do
Crops
-do
I ivestock and products total 9
do
Dairy products
-do
M^eat animals
do
Poultry and eggs
do
Indexes of cash receipts from marketings and CCC
loans, unadjustedicf
All commodities
1947-49= 100..
Crops
--do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted :cf
All commodities
1947-49=100..
Crops
do
Livestock and products
do
INDUSTRIAL PRODUCTION t
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities)!. ..1957-59=100..
By industry:
Manufacturing total
do
Durable manufactures
do
Nondurable manufactures
do
Mining
do
Utilities
_
__.do
By market grouping:
Final products total
Consumer goods
_ _ __
Automotive and home goods
Apparel and staples
Equipment, including defense

do
do
...do
_ do
do

109.8 v 118.2

116.4

118.1

118.3

118.2

119.9

113.9

117.7

122.2

122.5

120.6

109 7 v 118 6
107 0 p 117 9
112 9 v 119.4
102 6 p 104.9
122 8 p 132.3

116 6
116 6
116 6
103 7

118 6
118 6
118 6
103 5

119 1
119 6
118 4
104 9

119 0
118 8
119 1
105 5

120 4
119 2
121 8
107 5

114.0
113.6
114.5
101.0

117 6
112 8
123 6
106.4

122 8
120 4
125 8
106 5

123 4
125 5
107 1

121 3 r H7 5
121 0 r 119 4
121 7
115 0
106 3
103 1

p 119 7
p 119.7
p 126.0
p 117.8
p 119.8

116 7
116 9
124. 3
114 8
116.1

118 6
118 7
127.4
116 1
118.3

118 6
118 5
129.3
115 3
118.6

118 5
118 2
128.4
115 1
119.1

121 3
121 3
128.8
119 1
121.1

117. 5
116.5
118.8
116.0
119.6

119 4
118.8
102.2
124. 3
120.6

125 0
126 5
128.3
125 9
122.0

125 3
126 7
138.1
123 0
122.5

122 2
122 2
135. 2
118 1
122.0

118 0
116.5
119 7

118 7
116.1
121 3

110.7
108.7
112.7

116.1
111.3
121.1

119 7
116 8
122 7

119 9
116.6
123 4

119 2
115.5
122 9

111 3
112 7
112.0
112 9
108.3

191 7

121.8
122
122
121
103

r
r

r 120 3
r 120 7
r
119 8

r

103. 6

5
9
9
9

134.0
118. 6
122. 7

123 4
123 4
136
120
123. 4

117 9
114 4
121 5

120 3
118
123

118.9 ' 119.4

120. 4

120 1
119. 1
'r 128. 1
H3 1
116.2
123.4 '122. 2

r H9 4
r H7 g
r

r

117.8 ' 120. 0
117 7
118 4
116 8
102. 5

131.7

r
r
r

115 7
112.3
119 1

r

119 2

r 122 4
r
122 3
r
r
r

Materials
_
Durable goods materials _.
Nondurable materials

do
do
do

108 4 P 116.8
104 8 p 114.1
112 1 p 119.7

116 1
113 4
118 8

117 6
115 3
120 0

118 2
116 9
119 4

Seas, adj., total index (incl. utilities)}:
By industry:
Manufacturing, total

do

109.8

P 118.2

116.0

117. 0

117.7

118.4

118.6

119.3

119.7

119.8

119.2

119.6

119.1

do

109 7

v 118 6

116 3

117 4

118 1

118 8

118 9

119.7

120 3

190 4

119 7

120 0

r H9 7

119 9

120 9

do
do
do
do
do
do

107.0
98 9
96 5
107.5
106. 5
105.2

P 117.9
P 104.5
p 100 6
P 118.9
P 117.1
P 113.2

115 4
117 5
117 7
122. 0
111.9
108.6

116 5
116 6
118 5
120.6
113. 6
110.2

118 5
112 4
112 6
118.6
116.3
113.7

118.2
101.3
96 5
120.8
117.4
115. 7

117.7
96 8
89 5
118.2
118.5
116.4

118.7
96.6
87.8
117.9
118.8
115.6

119.8
99.1
92.1
112.9
119.9
115.2

119.5
99 6
92 8
118.4
119.3
115.1

118.6
98 9
91 0
120.1
117.8
114.2

119.1 118 9
118.6 r' 119.4
104 6
100 7 r 99 7 '99.9
r
96 4 r 102 0
95 3
95 8
118.9
121.2 ' 120. 6 r 121. 9
118.5 ' 117.2 ' 117.6 '118.8
112.8
112.5 '113.5 '113.9

120 6
110
110

Durable manufactures 9
Primary metals
Iron and steel
Nonferrous metals and products
Fabricated metal products.
Structural metal parts

r

115 1
112 3

r Hg 1

r

T

T

r

120
115

do
do
do

110.4
106.5
115.7

p 123.4
p 119.7
P 128.4

117.5
112.4
124.3

120 2
115.2
126.8

122 9
117.8
129.7

124. 5
120.0
130.4

125 9
121.8
131.3

125.4
121.9
130. 1

126.5
124.6
129.0

126 4
123.9
129.6

125 6
123.0
129.0

125 3
122.8
128.6

125 9
121.4
131.8

r 120. 3
r
130. 0

Transportation equipment
Motor vehicles and parts
Aircraft and other equipment

do
do
do

103.6
111.9
95.7

P 118.3
P 134.1
P 103.9

113.4
126. 2
101.5

113.4
126.3
101.4

116. 8
134.4
100.7

119.4
139. 1
101.6

116.8
132.0
103.0

122.1
141.3
104.7

122.0
138.1
107.3

121.5
137.8
106.7

121.8
138.1
107.2

121.5
137.3
107.2

121.9
138.2
107.0

122.1
121.7
137.3 ' 138. 1
' 107. 9 ' 106. 6

121
139
105

Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and fixtures. _
Miscellaneous manufactures

do
do
do
do
do

115.8
106.3
101.3
115.3
112.8

P 122.9
P 111.0
P 1060
P 126.8
P 122.3

118.5
105.1
109 2
120.8
115.5

119.0
104.8
107.9
124.0
119.0

122.3
110.3
106 4
126. 6
125.5

122. 6
111.9
107.1
129.3
125. 2

124.7
112.5
107. 5
129.2
125.5

124.9
113.7
103. 4
127.7
126.9

125.8
114.9
107.4
128.3
123.3

124.3
114.9
108 3
129.2
124.4

124.2
113.2
101 5
128.2
122.3

125.0
113.3
106 1
129.3
121.7

125.4 ' 125. 1 ' 126. 9
110.5 r 111.9 ' 108. 3
107 1
108 7 r 105 2
128.6 ' 129. 2 ' 126. 9
120.5 r 120. 1 '119.3

127
111

__do
do
do
do
do

112.9
106.9
112.1
100.2
113. 7

P 119.4
P 114.7
P 118.9
P 102.4
P 119.7

117.3
114.6
116.0
103.0
119.0

118.6
116.8
116.5
104.0
120.7

117.5
115.0
117.6
105.5
117.5

120.3
121.0
119.6
120.8
121.1
120.6 r 120. 0 ' 120. 4 121.3
120.9
121.5
117.1
116.1
117.1
116.6
114.5
112.9 T 112.7 ' 113.4 113.0
115.9
118.3
119.2
118.1
118.4
122.5
121.4
122.3 r122.2
120.5
123.2
100.5
102.9
99 4
106.6
100.6
103.8
100 7
96.4
100 8
121.1
119.9
119.6
120.5
122. 1 119.6
120.8
120.9
fSee corresponding note on p. S-l. cf Revised beginning 1959; revisions prior to May
1961 will be shown later.
9 Includes data not shown separately.
^Revised series. For revisions back to Jan. 1947 for total and summary groups (seasonally
adjusted) and a detailed description of the current revision, see the Oct. 1962 Federal Reserve
Bulletin; other information and earlier figures for all series appear in the separate Federal
Reserve publication, "Industrial Production—1957-59 Base."

Machinery
_ _
Nonelectrical machinery
Electrical machinery

Nondurable manufactures
Textile mill products
Apparel products
Leather and products
Paoer and Droducts

_

'1 Revised.
P Preliminary.
2
The total and components are annual totals.
Italicized total for Jan. 1963 excludes
stepped-up rate of, and special Government life insurance dividend payments to veterans;
total disbursements of $298 million multiplied by 12 (to put on annual rate basis) amounted
to $3.6 billion. Figures for transfer payments and total nonagricultural income reflecting
similar exclusion are as follows: Transfer payments—$35.1 billion; nonagricultural income—
$431.1 billion.




124. 5

125. 7
121.6
' 131.1

126
122
132

127
120

S-4
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

SUKVEY OF CURRENT BUSINESS

April 1963

1962 P

1963

Monthly
average

1962
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Nov.

Oct.

Dec.

Jan.

Feb.

Mar.p

r 110. 2

'110.5
93 9
139 5

110

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION J— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexes— Continued J
By industry— Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59=100..
Newspapers
do __
Chemicals and products
do
Industrial chemicals
-do
Petroleum products
do

111.5
106.0
123.3
129.6
108.7

114.6
108.5
135.6
146.9
112.8

114.2
109. 4
131 1
140.4
111.1

114.1
108.6
131 8
141.0
114.0

114.4
107.5
131 6
142.2
109.6

114.9
107.9
135 7
145.8
112.6

114.7
108 6
137 1
147 7
115.1

115.7
110 3
137 6
149 7
113.4

116.3
111.8
138 3
150 7
112.1

116.2
111 3
139 0
151 0
113.6

114.6
108 2
139 5
153 1
113.6

114.8
109 7
139 1
152 7
113 0

do
do
do.
do
do

111.9
110.3
110.6
107.9
110.8

129.0
113.0
113.8
108.7
112.3

120.5
111.7
112.2
109.3
111.1

119.9
113.2
113 4
116.8

124.0
112.3
113.6
105. 2
110.3

130.2
112.9
113 9
107.3
112.5

132.8
112.9
113 5
109.4
108.2

136.1
114.3
115 1
109.7
113.4

134.8
114.0
115 5
105.9
112.0

133.4
114.6
115 5
109.8
116.0

« 134. 1
113 9
114 6
109 9
108.6

133 4
114 0
114 7
110 5
115.2

do
do _.
_do_
do
_do_
do

102.6
90.1
103. 1
103.0
111.9
109.4

104. 9
94.3
105. 5
105. 1
112. 5
109.6

104.3
95.2
103 8
103.2
131.7
100. 6

104.8
96.3
104. 2
102. 4
128 9
102.7

105.5
97.6
105. 3
104.1
120.0
106. 9

104.8
92.2
104 7
104. 1
116 6
115.1

104.6
91.8
105 3
105 6
109 5
113 8

106.1
91.8
107 4
107.7
110 4
114.5

105.5
93.7
106 2
106.7
104 1
117.9

105.9
93.8
107 5
107.8
97 8
118.2

105.
94
107
107
96
114

106.2
96 3
107 4
107 5
106 2
111 6

do
do
- do ...

122.8
123.2
121.5

132. 3
133. 2
129.8

129.0
129.6
126.9

128 8
129. 5
126.5

128. 1
129.3
124.2

129 8
131. 8
123.6

132 4
135 1
123.8

133 5
136.2

132 3
134.5

133 0
134.2

133 5
134 5

103.0 ' 103. 0 * 103. 9
95.1
93 2
96 1
104 2 rr 102 6 rT 103 4
103 8
101 6
102 4
114 9 TT 129 9
128 5
99 7
103 2
100 3
r
135 1 !35 5 r 136 4 r 137 5
136 1
136 3

--do
do__
do

111.3
112.7
112.0

119.7
119.7
126.0

116. 8
117.3
121.8

118.2
118.8
122.7

118.5
119. 1
126.5

120.2
121 1
128.9

120.6
120 9
126.5

121.7
121 7
127.9

121.6
120 9
126.3

122.0
121 8
127.6

121.5
120 8
127.1

121.4 '•121.4
120 7 T 120 5
129. 9
127.6

Automotive products
_do__
Autos
do
Auto parts and allied products_._do

111.8
108.6
116.0

131.1
135.9
124.9

123 7
125.5
121.4

122.6
123.8
121.0

129.4
133.9
123.5

132 8
140.8
122.3

126 8
129 3
123.6

135 ?
142.4
125.7

134 1
140.0
126.3

135 3
141.2
127.5

135 8
142 1
127.5

135 4
141 1
128 0

Homecoods9
Appliances, TV, and radios
Furniture and rugs

112.2
109.9
112.8

122.2
118. 0
123. 9

120.4
116.0
121. 0

122.6
120.3
121.5

124.4
123.8
123.8

126 0
124.2
124 5

126 2
123.3
126 5

122.7
118.5
124.3

121. •>
115.2
125 4

122.2
115. 8
127.9

121 1
116.7
125 8

122 1
118.1
125 8

112.9
109.0
114.0
110.5

117.8
114.6
118.6
113.7

115 6
112.2
116 6
111.5

117 1
113. 8
118 0
113.2

116 5
114.2
117. 1
113.6

117 9
114.8
118 8
114 3

118 4
115.6
119 2
112 8

119 2
115. 4
120 3
115.9

118 6
114.9
119 7
115 6

119 6
116.1
120 6
115.7

118 4
116.1
119 1
114 0

118 9
116.2
119 7
114 3

109.5
120.7
114.9
119.2

109.9
129.5
116. 8
127.3

109.9
126.6
116.9
124.3

113.7
127.5
116.6
124.8

106.9
125.8
115. 7
125. 1

109. 1
129 9
117.4
126.9

109 0
131 9
117.7
130.7

110.9
131.5
117.7
128.3

108.0
131.0
117.0
127.0

111.9
132 0
117.0
128.9

109 5
131 6
116.4
128.0

112 1
130 8
116.4
129.0

108.3
110.1
107.4
127.0
103.4
93.4

119.8
122.1
117.2
143.1
117.2
107.7

115 0
116.3
113.4
139.3
109.0
94.3

116 1
118.0
114.2
141.7
111.6
99.9

117.0
119.3
115.1
144.0
109. 7
102.6

118 5
121 2
116.7
144.4
111.2
105.6

120 1
123 1
118 5
144 8
114.9
110.4

121 8
124.4
119.0
145. 6
121.0
110.4

123 2
125 6
119.2
144.7
124.2
110.8

123 2
126.2
118.9
144.9
125.2
116.6

1°3 6
1°6 6
120 4
143 8
125.6
117.3

193 1 r 193 2 r 191 2
125 9 r 126 0 rT 123 9
120 5
118 8
119 9
144 2 r 145 3
144 4
124.5
126.7 ' 126. 2
117.6
123.3
115.9

T 191 6

108.4
104.8
107.9
105.7
105. 2

116.8
114.1
127.5
118. 9
110.4

115.5
113. 1
119.2
114.5
107 3

116.9
115.1
124. 1
116.9
109.9

117. 1
116.2
134.7
120.3
110.7

117 0
114 6
134.5
119 5
111 4

117 1
113 7
127 0
120 8
111 8

117 0
113.8
134.2
119.3
112 1

117 7
114.8
130. 6
119.2
112 6

118 1
114.9
129.7
121.3
113 3

117 2
114 0
127.6
121 0
111 2

117 8
114 1
126 9
120 4
111 3

r H6 5
r H3 1

r H7 9
r H4 2

127 5
12^ 5
120 3 r 191 4
108 6 T ios 0

128 6
1°1 0
108 7

112.1
110.5
111.3
110.0

119.7
116.1
117.0
115.7

117 8
115.0
116.7
114.2

118.6
115.8
119.7
113.9

117. 9
114. 1
113. 1
114.6

119 3
116. 1
115 9
116 2

120
116
117
116

5
9
5
6

120 3
116. 1
117.2
115 5

120 7
116.5
116 4
116 6

121 5
118. 1
118.fi
117 9

120
116
115
116

111.6
104.7
130.1

110 5
103.2
128.0

110 2
103. 2
128.0

110 9
104. 6
127.7

110 9
103 6
130.2

111 8
104 5
131 4

112 6
106. 1
130. 9

112 0
105 5
129.1

112 7
106.6
130.2

113 1
106 5
131.9

122 3 r 121 0 r 19Q Q r 120 3
115 5
118 2
117 1
115 8
120 5 r 117 9 T 119 9
119 9
117 1 116 7 r 113 3
113 8
114 1 r HI 7 r in 6 T 112 7
107 2 r 103 g r 102 9 T 103 9
133 1 13? 9

Rubber and plastics products
Foods and beverages
Food manufactures
Beverages
_
Tobacco products
Mining
Coal
Crude oil and natural gas
Crude oil
-M^tai mining
Stone and earth minerals

-

Utilities
Electric
Gas
By market grouping: J
Final products, total
Consumer coods
Automotive and home goods

do__
do _ _ _
do

Apparel and staples
do
Apparel, incl. knit goods and sb.oes.do
Consumer staples
do
Processed foods
do
Beverages and tobacco
do
Drugs soap, and toiletries
__do
Newspapers, maga/ines, books. __do
Consumer fuel and lighting
do
Equipment including defense 9
do
Business equipment
- do
Industrial equipment
do_ __
Commercial equipment
-- do
Freight and passenger equipment. -do
Farm equipment
do ...
Materials
Durable goods materials 9
Consumer durable.
Equipment _
Construction

-

Nondurable materials 9
Business supplies
Containers.. _
General business supplies

do
-- do
do
do..
do
do
do__ _
do.
do. _

107.1
Business fuel and power
do
102.0
Mineral fuels
..
do
121.0
Nonresidential utilities
do
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totaled
bil.$._ i 61. 52 i
Manufacturing, total
Durable goods industries
Nondurable goods industries
Wholesale trade, totalcf
Durable goods establishments
Nondurable goods establishments
Retail trade, totaled
Durable goods stores
Nondurable goods stores




5
2
9
3

135. 5
114 6
115 1
111 9
111.4

r
r

137 2
142 0
130. 8

r

122. 0
121 9
130.7

r 122. 4

r 122 6
131.0

136 3 r 136 9
141 3 r 139 5
129. 6
131 9

105.0
94
105
104

137 0

122.6
123 0
131
136
139

r H9 9

121
121

114 4
111 7

r ]32 9

115.8
127.9

r H7 1
r H3 2

64.60

65.31

66.22

66.39

65.25

66.51

66.09

66.86

66.58

67.52

P>7. 03

33.22
16. 33
16.89

33.48
16.40
17.08

33 50
16 40
17 10

32 96
15 89
17 08

33 40
16.33
17 08

33 29
16. 35
16 93

33 68
16.34
17 34

33 48
16 34
17 14

33 86
16 46
17 41

33 36
16 18
17 17

do
do
.do __
- do
do.
.do

12.56
4.28
8.27
18. 23
5.61
12.63

13. 06
4.52
8.54
19.61
6.24
13.37

12.73
4.53
8.20
19.03
5.98
13.05

12 76
4.47
8.29
19 33
6.18
13.15

13 1)6
4. 59
8.48
19 67
6.33
.13. 34

13 38
4.60
8.78
19.51
6.17
13.34

13 13
4.52
8.60
19 16
6.03
13. 13

13 35
4.64
8.71
19 76
6 38
13.38

13 16
4.49
8.67
19 64
6 13
13.52

13 48
4.69
8.80
19 69
6 12
13.57

13 27
4 60
8.67
19 82
6 48
13 34

13 42
4 66
8.76
20 ?3
6 52
13 71

13
4
8
20
6
13

95.54

98.80

96.70

97.05

97.26

97.52

97.88

98.15

97.90

98.38

98.70

98.54

98.80

55.20
31.47
23.72

57.40
32.69
24.71

56.18
32.19
23.99

56 57
32.41
24.16

56 69
32.47
24.22

56 81
32.58
24.23

56 91
32.58
24.34

57 00
32.63
24.37

56 97
32.69
24.28

57 19
32.74
24.44

57 27
32.76
24.51

57 19
32.66
24.53

57 40
32. 69
24.71

13.62
13.70
13 70
6.83
6.87
6.88
6.79
6.84
6.82
26.90
26.78
26 87
11 48
11 38
11 43
15.40
15.42
15.44
on unadjusted data.

T
T

114 3
114 4

116.6
r 120 8
T 113 8
]14 o

116.3

32. 85
15.95
16.89

.do
do
do
do. _
. do
do

113 7
113.0

r 119 i
115. 7

r H9 0
r H9 7

65. 94

_ do
do
do

114 2
r H4 3

113 5

127 3
122.5
197 6

33.26
16.20
17.06

r

r

128.1

r

124 8
126 7
121.1 ' 119.8
195 4 r 130 o

30.73
14.54
16- 18

13.48
13.97
6.89
7.06
6.60
6.90
27.43
26. 86
11 73
11 52
15. 34 15.70
1
' Revised.
» Preliminary.
Total and components are based
I See corresponding note on p. S-3.
9c Includes data not shown separately.
Corrected.

Wholesale trade, totalcf
__ _
Durable goods establishments
Nondurable goods establishments...
Retail trade, total f
Durable goods stores
Nondurable goods stores

5
0
6
2
8
0

94 0
r 139 o
150 5 r 151 2
114 2
114.3

__ do.
do
do. _

Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total t
__bil.$__
Manufacturing, total
_ _ _
Durable goods industries
Nondurable goods industries

112.2

112.3
100 5
r 138 6

r

T 190 1

113 5

r 133 1
r

113.9

* 66. 56
r 33 13
r 16 01
r 17 13

47 T 13 18
68 r 4 75
80 T 8 43
20 T 9Q 05
45 r 6 48
75 r 13 77

134 9
115.1
125 0
119 3
144 7
125.9

121 1
125

118 8
116

192

113
104

68.30

34 039
16 5
17 51
1 ^ 89
9

48
9 00

9Q

^C

6 60
13 85

' 99. 08 99.28
cy 71
r 57 48
*r 32. 73 32.84
24. 76
24.86
13 78
13 97
13 89
13 95
13 88
14 03
13 86
13 °7 r 14 05
H nq
6.95
6.97
7.03
7.01
7.08
7.07
7.09
7. 06 '7.05
7.05
6.83
6 94
6.91
6 87
6 87
6 79
6 94
6 90 r 6 99
6 98
27 05
26 94
27 08
97 ^4.
27 24
27 18
27 49
27 40
27 43 r 27 54
11 42
11 45
11 59
11 51
11 66
11 76
11 83
11 73
n 79
15.52
15.62
15^54
15.' 59
15. 58
15^66
15^64
15.70 r 15. 82
15.77
§ The term " business" here includes only manufacturing and trade. Business inventories
as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on p. S-5; those for retail and wholesale trade on pp. S-ll
and S-12. rf1 See note marked "f" on p. S-ll.
t Revised series. See note marked " J" on p. S-ll.

SUEVEY OF CURRENT BUSINESS

April 1063
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

Monthly
average

S-5

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:*
Manufacturing and trade total
Manufacturing, total
Durable goods industries
Purchased materials
Goods in process
Finished goods
Nondurable goods industries
Purchased materials
Goods in process
Finished goods
Wholesale trade, total
_ .
Durable goods establishments
Nondurable goods establishments
Durable good*- stores
Nondurable goods stores

ratio

1 50

1 49

1 47

1 47

1 50

1 48

1 48

1 47

1.48

1 46

1 47

'1.49

1 45

do
do
do
do
do

1.71
2 02
.53
81
68

1 70
1 99
52
79
67

1 69
1 98
52
79
67

1 70
1 99
53
79
67

1 73
2 05
54
82
69

1 71
2 00
52
80
68

1 71
2 00
52
80
68

1 70
2 00
52
81
68

1.71
2 00
.51
82
.68

1.69
1 99
50
81
68

1 72
2 02
51
81
70

1.73
' 2 04
'.52
T
82
r
71

1 70
1 99
50
80
69

do
- do
do
do

1 42
.55
20
.66

1 43
56
20
67

1 49
56
20
66

1 42
55
20
66

1 43
55
20
67

1 43
.55
21
67

1 43
. 55
21
68

1 41
.54
20
.67

1.43
.55
.21
.67

1 41
.54
20
.66

1 44
.55
21
.68

1 45
.55
21
'.68

1 42
55
21
66

do
do
do

1.06
1 51
.83
1 41
1 92
1 18

1 07
1 53
82
1 39
1 84
1 17

1 05
1 50
80
1 37
1 81
1 16

1 03
1 51
78
1 38
1 85
1 16

1 06
1 54
80
1 41
1 90
1 19

1 05
1 52
80
1 389
18
1 17

1 06
1 56
79
1 38
1 88
1 15

1.03
1 51
.78
1 38
1 90
1 15

1.06
1.54
.80
1.38
1 81
1 17

1.03
1 52
.77
1 36
1 81
1 14

1.04
1 51
.78
1 36
1 82
1 14

' .07
' 48
.83
36
82
T
15

1 01
1 46
78
1 35
1 78
1 14

do
do

MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
bil. $ . 30.73

33.26

30. 62

34 56

33 17

34 67

33. 95

31.34

34.03

33. 46

36.10

34.13

31. 66

14.54
2.06
1.25
1.68

16. 20
2.18
1.31
1.88

14.86
2 26
1 42
1 56

17 06
2 61
1 68
1 86

16.41
2 37
1 47
1 80

17.24
2 31
1 38
2 01

16. 83
2.15
1 24
2 03

15.06
1 79
1 03
1 89

15.96
2.09
1 24
2.19

15.95
2.00
1.17
2.05

17. 61
2 17
1 25
2 08

16.67
2.11
1.23
1.84

15. 64 -15.51
2.08
1.92
1 12 '1.21
1.63 '1.70

do
do
do
do

4.87
2.00
2.87
1.25

5.31
2.18
3.13
1.37

4 95
2 05
2.90
1 25

5
2
3
1

64
27
37
47

5 37
2 12
3 25
1 36

5
2
3
1

61
20
40
44

5 59
2 25
3 34
1 43

4 87
1 92
2. 95
1 30

5 38
2 22
3.15
1 38

5 28
2 23
3.05
1 34

5
2
3
1

57
36
21
42

5 34
2.28
3.06
1.41

5 30
2 24
3.07
1 40

' 5 02
'2.09
'2.93
1.32

5 13
2 12
3. 02
1 34

do
do
do
do

3.24
1.94
.82
.76

3.85
2.41
.90
.82

3. 55
2.18
.78
.65

4 03
2 52
88
.76

3 94
2 47
88
79

4 23
2 70
94
.87

3 96
2.42
94
.90

3 08
2.33
83
.84

2.95
1.47
1.05
.95

3.45
2.04
94
.86

4 36
2.93
1 02
.95

4.24
2.81
.94
.86

4 09
2.66
77
.72

'3.96
' 2. 70
'.83
'.74

3 80
2.48
84
. 71

Nondurable goods industries, total 9 _._ . do

16. 18

] 7. 06

15. 76

17 50

16.76

17 43

17 13

16 29

18.07

17.51

18. 50

17.46

16.03

4.80
.42
1.22
1.13
2.49
3.21
.50

5.05
.43
1.37
1.20
2. 73
3.19
.55

4 58
.37
1 31
1.12
2 50
3.00
49

5 02
40
27
84
27
57

4 84
41
1 34
1 18
2 83
3 06
56

5 15
46
1 37
1 22
3 00
3 19
59

5 14
44
1 40
1 23
2 78
3 14
57

4 94
45
1 21
1 10
2 58
3 10
53

5 25
. 47
1 44
1.28
2 83
3.26
55

5 26
.42
1 44
1.22
2 76
3 07
55

5 52
45
1 51
1 30
2 92
3 30
62

5 30
.45
1 44
1.21
2 66
3.22
54

4 81
.42
1 27
1 11
2 42
3 ?9
50

Sales, value (unadjusted), total
Durable goods industries, total 9
Primary metal
_
Iron and steel
Fabricated metal
Machinery
Electrical _
Nonelectrical
Industrial

do_ .,
do
do
do
__.

Transportation equipment _ .
Motor vehicles and parts __
Lumber and furniture
Stone, clay, and glass
Food and beverage
Tobacco
Textile
-Paper
Chemical
_
Petroleum and coal
Rubber
_

_
.

_

do
do
do
do
do
do
do

41

1
1
2
3

' 32. 34 31.81

'15.35
2. 02
1 17
1.67

' 16. 83 16.46

4.93
.42
I 29
1.21
' 2 69
'3.44
56

4 81
38
1 37
1 16
2 61
3 10
50

r 33 13

34 03

r

do

32 85

33 22

33 48

33 50

39 9Q

33 40

33 29

33 68

33 48

33 86

33 36

do
do
do
do

15.95
2 419
1 5
1 83

16. 33
2 46
1 60
1 89

16. 40
2 37
1 49
1 84

16.40
2 19
1 33
1 92

15.89

16. 33
9 04
1 17
1 90

16. 35
2 06
1 20
1 88

16.34
2 05
1 19
1 91

16.34
9 07
1189
19

16.46
2 17
1 28
1 92

16. 18 ' 16. 01 ' 16. 52
2 03
2 04
2 I9 9
1 19
1 16
1 4 _
1 95
1 84 r I 88

Machinery ..__
Electrical
Nonelectrical
Industrial

do
do
do
do

5. 22
2 18
3 049
13

5. 30
2 21
3 09
1 37

5. 3 2
2 22
3 09
1 33

3 17
1 37

29
19
10
3°

5. 37
2 19
3 189
1 4

5.38
2 18
3 20
1 38

5.32
2 17
3 16
1 40

5 28
2 11
3 IQ
1 36

5.43
2 19
3 24
1 42

5
9
3
1

Transportation equipment _
Motor vehicles and parts. _ _ _
Lumber and furniture
Stone, clay, and glass.

do
do
do
do

3 60
2.16
88
.80

3 7«
2 33
88
. 78

3 92
2 43
89
80

3 96
2 50
90
79

3 80
35
88
81

4 05
2 60
89
83

4 05
2 50
91
82

4 05
2 60
89
82

4 03
2 60
93
84

3 go
2 41
95
87

3 83
2 41
89
86

Nondurable goods industries, total 9

do

16 89

16 89

17 08

17 10

17 08

17 08

16 93

17 34

17 14

17 41

17 I7

r 17 13

17 51

do
do
do
do
do
do
do

4.95
43
1 37
1 21
2 75
3 17
56

4 92
42
1 37
1 22
2 72
3 18
56

5 07
44
1 41
1 19
2 72
3 16
54

5 00
44
1 39
1 18
2 77
3 20
56

5 07
41
1 39
1 90
2 71
3 18
53

5 01
45
1 37
1 17
2 79
3 18
55

5 04
44
1 32
1 18
2 72
3 13
54

5 18
43
1 39
1 22
2 70
3 25
57

5 10
44
1 34
1 21
2 72
3 24
55

5 22
42
1 37
1 22
2 76
3 21
58

5 I9
42
1 39
1 24
9 73
3 17
55

r 5 00

5 14
40
1 42
1 94
2 85
3 94
56

Sales value (seas adj ) total
Durable goods industries, total 9
Primary metal
Iron and steel
Fabricated metal

Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal_
Rubber
_ __

_
.__ _

___

Inventories, end of year or month:
Book value (unadjusted), total
Durable goods industries, total 9
Primary metal
Iron and steel
Fabricated metal
Machinery
Electrical
Nonelectrical
Industrial

__
_

do

-

2

1 16
1 89
5
9
3
1
9

41
13
23
41

' 5. 29
' 2 18
' 3 11
r 1 40

r 3 70

' 2 38
r 93

' 87

44
r i 33
1 23
' 2 74
' 3 26
55

5 38

9 94

3 Q6
2 59
96
86

55. 19

2 57. 21

56. 51

56.87

57.00

57.14

57. 08

56.65

56. 64

56. 80

57.01

56. 99

57.21

' 57. 69 58.05

31.23
4.91
3.05
3.00

32. 34
4. 73
2. 82
3.00

32.33
4 90
2.99
3.22

32.70
4 87
2.92
3 32

32. 82
4 80
2.86
3 38

32.96
4 78
2.84
3 41

32.87
4 76
2.84
3 40

32. 53
4 78
2. 86
3 34

32. 55
4 76
2.85
3 26

32. 54
4 73
2.83
3 14

32.48
4 72
2.82
3 06

32.38
4 67

32.34
4 73
2.82
3 00

' r32. 68 33. 00
4 65
4 63
2.76
2 72
r 3 09
3 14

do
do
do
do

10.31
3.96
6.35
2.46

11 06
4.37
6.69
2.62

10
4
6
2

10
4
6
2

10
4
6
2

11
4
6
2

11
4
6
2

11
4
6
2

10
4
6
2

10
4
6
2

11
4
6
2

11
4
6
2

10
40
69
64

11 06
4 3"
6 69

r 1 1 -i Q
r 4 39

7 42
3.56
1.80
1 49

7 31
3.55
1.80
1 52

67
10
56
5?

88
22
66
60

97
29
68
61

10
39
72
64

11
44
66
61

01
40
61
61

99
41
57
61

99
40
59
63

7 24
3.41
1.83
1 55

7 14
3.36
1.84
1 54

6 95
3.16
1.87
1 53

7 17
3.40
1.84
1 50

7 38
3.56
1.83
1 50

8 50
13 07
11. 39

8 53
13 00
1L34

R 59

8 fin
13 11
!()! 85

8
13 30
10.73

12 89
1L 05

04
40
64
64

7 43
3.54
1.81
1 49

2 99

9 fi9

' 6 80
r O IIQ

r 7 43
' 3. 60
1.82
' 1 55

_

3 M
1 40

do
do
do
do

Transportation equipment
do
6.93
7.31
7.24
7.25
7 27
Motor vehicles and parts
do
3.22
3.55
3.44
3.45
3.46
Lumber and furniture
do
1.84
1.80
1.84
1.84
1.82
Stone, clay, and glass
do
1.46
1.52
1 52
1 54
1 55
By stages of fabrication:
Purchased materials
do
8. 13
8 25
8 42
8 31
8 43
Goods in process
do
12.56
12 95
13 04
13 06
13 05
Finished goods
do
10. 54
11.05
11.23
11.06
1L33
' Revised.
i Advance estimate. 2 Total and components are end-of-year data.
*Stock-sales ratios are based on the seasonally adjusted sales and inventories series
presented on this page and on pp. S-4, S-6, and S-ll. The ratios are derived by dividing
ond-of-month inventory book values by total sales during the month. Data for 1955-60 for




5.42

9 Q()

n

on

4 44
6 86
9 fiS

7 51
3.64
1.83
1 ^Q

Q 9(?

K-1

i ^ ^d
10.76

i «j 9 c

10.87
11.05 r 11.29
11.54
manufacturing and 1959-60 for wholesale trade (scattered minor revisions for 1955-58 will
be available later) appear on p. 20 of the June 1961 SURVEY; data prior to 1961 (recently revised)
for the manufacturing and trade total and for retail trade are available upon request.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

S-6
1

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

End of
year

April 1003
1963

1962
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Fob.

Mar.

GENERAL BUSINESS INDICATORS— Continued
M A N U F A C T U R E R S ' SALESJNVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued
Book value (unadjusted)— Continued
Nondurable goods industries, total 9 _-.bil. $_.
Food and beverage
Tobacco
'
Textile
Paper
Chemical
Petroleum and coal
Rubber
By stages of fabrication:
Purchased materials
Goods in process
Finished goods

do
do
do
_.do___
do
do
do
do
__do.
do

Book value (seasonally adjusted), total
Durable goods industries, total 9
Primary metal
Iron and steel
Fabricated metal
Machinery
Electrical
Nonelectrical
Industrial
Transportation equipment
.
Motor vehicles and parts
Lumber and furniture
_
Stone, clav, and glass.
By stages of fabrication:
Purchased materials
Goods in process
Finished goods
Nondurable goods industries, total 9
Food and beverage
Tobacco
Textile.
Paper
Chemical
Petroleum and coal
Rubber
By stages of fabrication:
Purchased materials
Goods in process
Finished goods

24. 88

24. 18

24. 17

5. 44
2. 28
2. fi8
1. C8
4 35
3.43
1.13

5.58
2 24
2. 80
1.74
4.57
3.47
1.22

5.27
2 31
2.83
1.73
4.41
3.30
1.19

5.18
9
27
2.89
1.75
4.44
3. 31
1.21

9.38
3. 27
11.31

9 08
3. 40
11.73

9.53
3.39
11.26

9. 60
3.41
11.10

24.18

24. 22

24.12

24.08

24. 26

24.53

24. 61

24.88

15
20
91
70
41
35
21

5. 10
2.14
2. 96
1.77
4.33
3. 37
1.20

5. 12
2. 07
2.91
1.78
4.34
3. 40
1.20

5. 10
1.99
2.80
1.74
4.35
3.45
1. 19

5.32
2.02
2.79
1.73
4.32
3.45
1.18

5. 48
2.10
2.73
1.71
4.31
3. 53
1.18

5.63
2.16
2.74
1.71
4.38
3.53
1.19

5.64
2.14
2.76
1.72
4.44
3.51
1.19

5. 58
2.24
2.80
1.74
4.57
3.47
1.22

9. 55
3.44
11. 20

9.42
3.51
11.26

9. 31
3. 53
11.37

9. 22
3. 00
11.30

9. 08
3.54
11.47

9. 09
3. 52
1 1 . 05

9.33
3.51
11.09

9.45
3.49
11.67

9. 68
3.46
11.73

r
9. 09
' 3. 02
Ml. 70

24. 19
5.
2.
2.
1.
4.
3.
1.

'25.01

' 5. 47
2.30
2. 86
' 1.70
4.04
' 3. 35
1 95

25. 00

5.39
2.31
2.91
1.78
4. 08
3. 31
1 99
9. 74
3. 05
11.60

55. 20

57. 40

56. 18

56. 57

50.69

56.81

50. 91

57. 00

56. 97

57. 19

57. 27

57.19

57.40

' 57. 48 57. 71

do
- do
do _ .
do
do
do
do
do

31.47
4.78
2.89
3. 10
10. 40
4.03
0. 42
2. 49

32. 09
4 02
'}. 09
3.17
11. 20
4.47
0. 79
2. 00

32. 19
4.89
2.98
3. 25
10. 65
4.14
6.51
2. 53

32.41
4.91
2.98
3.27
1 0. 70
4.21
0. 55
2. 58

32. 47
4.86
2. 93
3.29
10.81
4.24
0. 57
2. 58

32. 58
4.85
2.92
3. 20
10. 85
4.25
6.59
2.60

32. 58
4.83
2.91
3.22
10. 89
4. 32
6.58
2. 58

32. 03
4. 80
2.89
3.23
10. 90
4.34
0. 02
2.00

32.69
4.77
2.86
3.22
11.04
4.41
6.64
2.62

32. 74
4.74
2. 83
3.21
11.12
4.41
0. 71
2. 04

32.76
4.67
2.77
3. 16
11. 23
4. 47
6. 76
2.65

32.66
4.00
2.71
3.15
11.23
4. 40
6.70
2. 05

32. 69
4.02
2. 09
3.17
11.20
4.47
0.79
2. 00

r

do
, _ _ d o ...
do_ ..
do

0. 87
3. 12
1.80
1. 47

7.29
3.47
1.82
1.54

7. 12
3.32
1.84
1.48

7. 14
3. 39
1.84
1.49

7.22
3.49
1.82
1.49

7.29
3.50
1.84
1.50

7.29
3.52
1.84
1.52

7.24
3.42
1.85
1.53

7.29
3.51
1.82
1.54

7.33
3. 40
1.83
1.55

7.35
3.43
1.82
1.55

7.30
3.48
1.81
1.55

7. 29
3.47
1.82
1.54

r 7. 28

'3.48
1.82
1.54

7.38
3. 51
1.84
1 . 54

do
-do
do

8. 09
12. 04
10.74

8. 22
13. 14
11. 33

8. 40
12. 89
10. 90

8. 55
12.97
10.89

8. 59
12. 94
10. 95

8.62
13.00
10. 90

8. 55
13.02
11.01

8.49
13. 10
1 1 . 04

8.45
13.15
11.09

8.41
13.26
11.00

8.26
13.34
11.16

8.15
13. 28
11.24

8.22
13.14
11.33

T $ 99
13. 09
' I I . 35

s 9y
13. ly
11.37

do

23. 72

24. 71

23. 99

24. 10

24. 22

24. 23

24. 34

24.37

24. 28

24. 44

24.51

24. 53

24.71

r

24. 80

5. 24
2. 17
2 74
1. 08
4.28
3. 42
1.13

5.40
2.14
2.87
1.75
4.51
3. 40
1. 22

5. 26
2. 19
2.78
1. 71
4.31
3.39
1.17

5.31
2. 19
2. SI
1. 73
4. 30
3. 41
1. IS

5. 32
o 17
2. 80
1. 73
4.37
3.44
1. 18

5.34
2. 18
2.84
1.74
4.36
3.40
1.18

5. 40
2. 18
2. 83
1. 7(5
4.37
3. 42
1 . 20

5. 39
2. 17
2.81
1. 75
4.39
3.43
1.21

5.31
2. 17
2.82
1.74
4.39
3. 40
1. 20

5. 37
2 14
2. 85
1 . 75
4. 42
3.44
1.20

5.35
2 19
2.90
1.74
4.44
3.42
1.22

5.40
2. 14
2.87
1.75
4.51
3. 40
1.22

' 95. 34
13
2. 80
1.70
4. 58
' 3. 44
1.24

9. or,

9. 45
3. 43

do

do
- -- do __
do
- --do ..
do
do
... . do
-

23. 90

5.38
o 13
2. 89 !
1. 74
4.44
3.41
1 . 22

32. 73
32. 84
4.61
'4. 59
9
70
2.68
''S. 19
3! 17
11.30
••1.1.31
' 4. 50 4.49
' 6. 81 0. 81
2.70
2. 09

24. 76

5. 38
18
2.8(5
1. ,0
4. 58
3.41
1.20
9

do
_do.
do

3.37
11.29

9. 44
3. 59
11. 08

9. 35
3.40
11.24

1 1 . 28

9. 49
3. 43
11. 30

9.47
3.44
11.32

9. 40
3.47
11. 41

9.39
3.51
1 1 . 40

9. 29
3.50
11.48

9.33
3. 52
1 1 . 59

9 . 41
3. 54
11. 57

9. 45
3. 54
11.54

9.44
3. 59
11.08

r
9. 40
' 3. 05
* 11.05

-do

' 33. 08 32. 78

9. 50
3.07
11.04

1 30. 90

133.05

31. 13

34.3(1

32. 45

33. 99

33. 60

31 . 99

33. 30

32. 80

35. 78

33. 47

31.48

Durable goods industries, total 9
Primary metal
Iron and steel
Fabricated metal
Machinery
Electrical
_. ... . ...
Nonelectrical....
Industrial
Transportation equipment

do
. do__
do
do
do
do
do
do
. -.do

14. 74
2. 18
1 . 35
1.70
4 . 92
9
. ()(
2. 92
1.20
3.22

10. 02
2.08
1. 21
1. 88
5. 28
2. 10
3. 12
1. 37
3. 81

15.33
2. 38
1. 49
1.64
5. 14
2. 07
3.08
1.30
3.48

Hi. 74
2. 30
1.44
1 . SO

16.48
1.98
1.00
1.95
5. 30
2. 12
3. 23
1.34
4. 02

16. 51
1.81
.97
1.96
5. 64
2. 34
3. 31
1 . 40
3. 91

15.77
1.74
1 00
1.95
5.00
1.98
3.07
1.28
4. 04

15. 48
2.04
1.18
2.16
5. 11
2.04
3. 07
1.37
2. 89

15.40
1.88
1.10
1.98
5. 24
2. 29
2. 95
1.33
3. 34

17.30
2. 12
1.21
2. 00
5.42
2. 1 9
3. 22
1.39
4.51

10. 07
2. 10
1. 20
1.81
5. 08
2. 04
3. 03
1.30
4.04

15. 52 ' 10.17 r
2. 29
1.89
1. 13
'1.38
1 0° rr 1.70
5.15
5. 33
r 2. 07
2.41
r
3 08
2.92
1 . 35 < 1.39
' 4. 13
4.11

10.29
2. 32
1.42
1.71
5 3°

£ 48
1. 51
3.90

15.71
1.09
. 74
1. 80
5.31
2. 15
3. 10
1. 30
3.99

Nondurable goods Industrie s, total
Industries 'with unfilled orders©
Industries without unfilled order?!

do
do
do

10.23
3. 53
12. 70

17. 04
3. 77
13. 27

15. 81
3. 58
12. 23

17. 57
3. 99
13. 5S

10. 74
3.74
13. 01

17.51
3. 92
13. 59

1 7. 09
3. 83
13.20

10. 21
3. 40
12. 82

17.88
3.84
14.04

17. 40
3. 89
13. 57

18. 48
4. 1 2
14. 3»»

17. 40
3.89
13. 51

15.90
3.48
12.48

do

33. 08

32. 95

32. 73

33. 07

32. 43

33. 20

32.83

33. 23

33. 82

33. 70

do_
do
do
do. .
do. __
do

16. 19
2. 33
1.45
1.83
5. 35
2. 23
3.12
1.38
3.70

Hi. 00
2. 21
1.34
1.88
2l 13
3. 14
1.38
3. 79

15. 73
1. 75
. 79
1.84
5. 25
2.24
3.01
1.30
4.00

15. 97
1.83
.95
1.88
5.28
2.17
3.11
1.32
3.96

15.44
1.76
.93
1.86
5. 10
2.05
3.11
1.36
3. 76

16. 27
1.90
1.08
1.92
5. 30
2.07
3.23
1.38
4. 10

15.91
2.06
1. 20
1.91
5.23
2.08
3. 15
1.41
3.68

15.89
1.97
1. 18
1.84
5. 18
2.14
3. 04
1.37
4. 00

16.57
2. 17
1. 28
1. 86
5. 42
2. 19
3. 24
1.34
4.05

10.34
2.07
1.18
1.95
5.42
2.12
3. 30
1.39
3.82

16. 89
3 75
13.14

10.95
3. 82
13. 12

17. 00
3. 75
13. 25

17.10
3.80
13.29

16. 99
3.76
13.23

10. 98
3. 72
13.27

16.92
3.72
13. 20

17. 34
3. 85
13.49

17.25
3. 86
13. 39

49.46

49. 20

48.48

47.81

47.45

48. 09

47. 43

40. 82

44.50
3.86
2.46
3.08
18.19
10.19
8. 00
3.69
14. 25

New order^ net (unadjusted), total

New orders net (seas adjusted) total
Durable goods industries, total 9_
Primary metal
Iron and steel
Fabricated metal
Machinery
-- Electrical
Industrial
Transportation equipment
NiTidun ble goods industries total
in ubintj^ w i u
i" <.«

do
do
do
HO

Unfilled orders, end of year or month (unadjusted),
!-otal
Ml. *-Durable goods industries, total 9
Primary metal
Iron and steel
Machinery
Electrical"
Industrial
Nondurable goods industries, total®

do
do
do
do
do
do
do

Unfilled orders, end of year or month (seasonally
adjusted) total*
bil $
Durable goods industries, total
do
Nondurable goods industries, total®
do
r

48. 20

45. 05




r

10. 91
r

r

13.21

10. 49
3. 70
12. 79

33. 04

' 33. 90

34. 00

IK. 02
2.00
1.22
1.81
5.44
2.41
3.03
1.40
3.00

- 10. 71
2, 14
1.25
1. 92
5. 51
2. 34
3.17
1.40
4. 02

17.15

17.42
3.86
13.56

17. 02
3.70
13.32

' 17. 19
'3.82
'13.37

17.45
3.83
13. 02

46. £0

45.84

45.65

' 46. 39 47. 30

43. 95
3.74
2.39
3.01
18.15
10. 25
7.90
3.08
14. 13

43.64
3.68
2.34
2.93
18.00
10.09
7.91
3.66
14.28

43. 03
3.67
2.32
2. 90
17.73
9.85
7.88
3.61
14.08

42. 92
3.04
2. 32
2.90
17. 70
10.03
7.73
3.50
14. 10

' 43. 57 r 44. 52
' 3. 85 4.14
' 2. 50
2. 75
' 2. 96 3. 00
1 8. 08
'17.89
' 10.01
10. 00
7.88
8 02
' 3. 03 3^74
'14.27
14.69

45. 12
4. 70
3.48
2.98
18. 10
10. 29
7.80
3. 53
14.04

42. 92
3,04
2.32
2.90
17. 70
10. 03
7.73
3. 50
14. 10

46. 37
5. 57
4.11
3.18
18.47
10. 31
8.16
3.80
14.30

40. 04
5. 32
3. 87
3.17
18. 53
10.27
8.20
3. 84
14.10

45 . 34
4. 64
3. 14
3. 17
18.47
10. 30
8.16
3.78
14.21

44. 59
4. 30
2.82
3.12
18.21
10.22
7.99
3.69
14. 00

44. 27
3.96
2. 54
3.05
18.27
10.31
7.96
3.71
13.96

44.99
3.91
2.51
3.11
18. 40
10.38
8.08
3.09
14.31

3.08

2.74

3.09

3.10

3.14

3.22

3.18

3.11

2.92

2.88

2.86

2.80

2.74

49. 10
45. 96
3.14

49. 01
45. 80
3. 14

48.62
45. 52
3.10

48.28
45.22
3.00

47.91
44.90
3.02

47.84
44.85
2.99

47.20
44.28
2.92

46. 66
43.73
2.93

46.52
43. 55
2.97

45.94
43. 03
2. 91

45.85
43. 00
2. 85

2
Revised.
» Total and components are monthly averages.
Advance estimate.
9 Includes data not shown separately.
©Includes textiles, leather, paper, and printing and publishing industries; unfilled
orders for other nondurable goods industries are zero.

§! 10
1.44
4. 22

3. 70

' 2. 82

1. 34
1.91
5.49
2. 32
3.17
1.45
4.48

2. 85

' 46. 28 47 00
43. 40 ' 4 4 . 1 2
' 2. 88 2. 88

r

1[For these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and
rubber) sales are considered equal to new orders.
*Xe\v series. Monthly data prior to
Dec. 1961 appear on p. 27 of the Feb. 1903 S T R V K Y .

SURVEY OF CURRENT BUSINESS

April 1063

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

S-7
1963

1962

Monthly
average

Feb.

Mar.

Apr.

June

May

July

Sept.

Aug.

Nov.

Oct.

Dec.

Jan.

Feb.

17 348
!4 457

14 012
15 398

Mar.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS d*
New incorporations (50 States): ©
Unadjusted
Seasonally adjusted*

number. . 15, 128
do

15,171

14, 365
r

"Mi, 77 5

r

17, 196
15 727

r

15, 653
!5 372

r

16,408
!5 363

r

15 234
!4 990

r

14 957
l n 171

r

14, 955
!5 216

r

12, 777
!5 232

15 318 12,926
!5 121 r 14 892

r

r

13 925
!4 767

r

INDUSTRIAL AND COMMERCIAL
FAILURES^
Failures total

number

Commercial service
Construction
Manufacturing and mining
Retail trade
^'holesale trade

1.423

1,353

1 490

1 504

1 378

1 281

1 165

1 319

1 118

1 410

1 216

1 101

1 258

1 304

112
225
215
629
134

110
251
216
625
151

143
276
228
701
142

119
273
200
767
145

102
237
229
664
146

113
194
237
606
131

106
187
215
545
112

120
217
227
622
133

92
194
185
514
133

111
231
244
672
152

109
193
200
590
124

100
219
181
497
104

113
183
244
582
136

112
228
199
629
136

thous. $

90, 844 101, 133

90, 499

80 878 121 831

91 512

88 493

91 574 146 832

9
96 165 119 09

98 841

81 275 160 963

94 715

do
do
_ do
do
- - do

6, 694
16, 084
27, 107
27, 754
13, 205

5, 134
9 998
26, 495 15,612
25. 023 22 421
24, 61 1 25, 044
9. 236
7 803

5 440
24, 586
49 677

8 270
1 5, 798
29 659

10 437

10 216

5 445
13 627
32 821
27. 065
9 535

5 642
22 412
21 59S
29, 999
11 923

6 977
33 618
36 170
53, 180
16 887

5 605
12 803
39 988
27, 944
9 825

7 634
24 728
48 833
26, 876
11 021

16 184
16 095
34 069
24, 107
8 386

8 785
18 744
20 671
22, 744
10 331

7 738
31 113
56 054
29, 552
36 506

7 1Q8
22 530
26 971
26. 098
11 918

58.7

57.3

58.3

62.5

62 2

66. 3

59.4

56.0

55.2

60.7

-

123

do
do
do
do _
do

Liabilities (current) total
Commercial service
Construction cr
Manufacturin and mining
Retail trade
Wholesale trade

Failure annual rate (seasonally adjusted)
No. per 10,000 concerns..

229
235
691
144

!

64. 4

1,315

7, 831
20, 295
33, 333
29, 143
10, 531

'60.8

61. 1

59.4

31,691
65.0

27,569

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products 1

1910-14=100..

240

243

243

244

242

242

239

240

244

250

245

245

242

214

242

240

.. do
do
. do
do ...
do

226
218
262
151
209

231
253
267
153
226

226
272
246
152
219

233
314
9
48
153
223

236
319
268
155
224

243
395
276
159
230

236
958
275
157
930

231

232
201
280
154
2')6

226
197
275
152
296

227
233
268
147
2'-!0

994
236

275
155
229

229
201
275
151
226

932
9
61
251

153
•>31

228
266
254
157
931

161
934

938
241
9
70
161
934

do
do
do
do

246
°57

221
248
158
532

216
253
125
542

229
252
132
543

290
955
137
543

210
255
189
543

203
253
220
543

191
952
9Q5
549

243
945
174
518

266
9
38
153
595

243
238
13r*
519

924
244
144
5')()

198
047
147
505

216
251
150
485

9

9
67
9

51
259
299
146
230

254
252
310
144
249

957
9
63
305
154
237

954
255
307
147
240

246
240
303
139
253

249
23°
303
130

24°
930
305

248
239
3 10
133
257

256
248
318
141
9
5'i

9
66
9

261
°65
314
150
949

9 9
6
268
314
151

258
9
63
308
151
949

9

58
326
153
9
51

57
257
'^089
15
255

54
994
157
9
64

9
48
9

276
291
266

279
294
269

279
294
268

279
294
269

9

80
294
270

280
296
269

979

294
9
OS

279
294
268

279
294
9
68

9
SO
294
971

281
294
271

°8l
9
95
271

982
9
96
273

284
297
974

984
298
974

9
83
9
97
9

302

306

305

306

307

307

305

305

305

307

307

307

309

311

311

310

79

80

80

80

79

79

78

79

80

81

80

80

78

78

78

104 2

105.4

104.8

105 0

105 2

105 2

105 3

105 5

105 5

106 1

106 0

106 0

105 8

106 0

2 106 1

104.8
104. 2

106.1
105.4

105.5
104.8

105. 7
105 0

106.0
105 2

106 0
105 2

106. 1
105 3

106 1
105 4

106 2
105 5

106 6
106 1

106 7
106 I

106 7
106 0

106 7
105 8

106 5
105 9

106 6
106 1

do
do
.do.
__ _ do

102. 4
102.8
100. 5
107 6

103.2
103. 6
101. 5
109.5

102. 7
103. 1
100. 8
108. 9

102
103
100.
109

103
103
101
109

103
103
101
109

0
2
5
4

103 1
103 4
101. 6
109 5

103
103
101
109

1
5
5
8

103 9
103 5
101 7
109 9

104
104
101
109

104
104
102
109

103
104
102
110

103
104
101
110

103
104
100
110

103
104
100
110

do
do
do
do
_. . do

1^2 8
102.6
104.8
104.2
99. 3

103.2
103.6
104. 1
105.0
101. 7

102.0
103.1
105. 1
102.9
100.6

102 7
103.2
105 0
104. 4
100.6

102 7
103.4
103 7
108.6
100 1

109 7
103. 2
103 0
109 4
99 6

102 8
103.5
102 7
111.9
99 7

102 9
103.8
103 5
109 9
100 8

102 5
103.8
103 9
105 2
10° 6

104 6
104.8
104 2
102 2
106 3

104 9
104.3
104 3
102 0
104 1

104 3
104^1
104 2
102 1
103 5

103 9
103. 5
103 9
100 2
102 5

103 0
104. 7
103 8
106 4
102 5

103 3
105. 0
103 6
109 4
102 1

do
do
do
do

103. 9
107.9
99.5
104.4

104.8
107.9
98.9
105.7

104.6
107.9
99.3
105.2

104.6
107 9
99 5
105 3

104.6
107 8
99 3
105 4

104
107
99
105

7
7
0
5

104.8
107.7
99 1
105. 6

104 8
108 0
99 0
105 7

104 8
108 0
98 5
105 8

104 9
108 0
98 7
105 9

105 0
108 0
98 8
106 1

105 1
108 1
98 7
106 2

105 2
108 1
98 6
106 2

105
108
97
106

10.5
108
98
106

do
do
..do..

111.3
104 6
107.2

114.2
106.5
109.6

113.0
105.8
109.1

113.6
105 9
109 2

113.9
106 3
109 4

114 1
106 4
109 5

114 4
106 1
109 2

114 6
106 8
110 0

114 6
106 8
110 3

114 7
106 8
110 0

114 9
106 9
109 5

115 0
107 1
110 1

115 3
107 6
110 0

115 5
107 4
110 2

115 6
107 3
110 0

Transportation
do
106.0
107.2
105.0
105 9
107.2
Private
.do
105.9
104.7
104.0
106.0
104. 6
Public
...do
115.4
111.7
114.8
115 6
114 9
Other goods and services
...do
105.3
104.6
105.0
105. 1
105.1
r
Revised.
« Revisions for 1961-62 are as follows (number): 1961—Jan., 13,607; Feb ,
14,570;
May-Oct., 15,298; 15,431; 15,492; 15,277; 15,402; 16,035; Dec. 15,711; and Jan. 1962,15,279.
1
Based on unadjusted data. 2 Index based on 1947-49=100 is 130.2.
c? Data are
from Dun & Bradstreet, Inc.
© Figures in 1961 BUSINESS STATISTICS volume cover 49
States (Alaska not included); see July 1961 SURVEY for unadjusted data back to January
1960 for 50 States.
*New series. Data for Jan.-Dec. 1959 (49 States) appear in the Oct.
1961 SURVEY. For revised data (50 States) for 1960, see similar note in the June 1962 SURVEY,

107 3
106.0
115 6
105.1

107 3
106.0
115 6
105.2

106 8
105.4
115 6
105.6

107 4
106 2
115 7
105.5

107 8
106 7
115 7
105. 6

108 1
106 9
116 0
105.6

108 3
107 2
115 4
105.6

108 0
106 8
115 7
105. 6

106 6
105 3
115 7
105. 7

106
105
116
105.

Crops
Commercial vegetables
Cotton
Feed grains and hay .
Food grains

-.
.
-

Fruit
Oil-bearing crops
Potatoes (incl. drv edible beans). .
Tobncco
I ivostock and products
Dairv products
Aleat animals
Poultry and eggs
Wool
. .

do
do
do
do
do

Prices paid:
\11 commodities and services
do
Family living items
--. ...
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14 = 100..
Paritv ratio §

do

158
9

r

9f,Q

198
9()1

92Q

9(51

58
155

50°
9
51
9

58
151
501

949

81
155
74

9

74

CONSUMER PRICES!
(U.S. Department of Labor Indexes)
All items {
Special group indexes:
All items less food
All items less shelter

1957-59-100
_

All commodities
Nondurables
Durables
Services

_

A pparel
Food 9
Dairy products
Fruits and vegetables
Meats, poultry, and
Housine9
Gas and electricity
Housefurnishings
Rent

_

fish

.

Medical care
Personal care
Reading and recreation _

__
_




.do
do

8
2
9
0

1
5
4
2

1
7
6
8

0
4
0
8

9
9
2
0

6
0
7
1

6
3
4
5

4
2
9
3

8
5
6
5

4
0
3
4

8
3
3
7

^Revised beginning Jan. 1959 to incorporate price revisions for individual commodities;
revisions for earlier periods will be shown later,
§ Ratio of prices received to prices paid (including interest, taxes, and wage rates).
JData reflect conversion to the 1957-59=100 reference base period. Monthly and annual
data for earlier periods appear on p. 19 of the Oct. 1962 SURVEY.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962 P

Monthly
average

April 1063

1962
Feb.

Mar.

Apr.

May

June I July

1963
Aug.

Sept.

Nov.

Oct.

Dec.

Jan.

Feb.

Mar.

COMMODITY PRICES—Continued
WHOLESALE PRICEScft
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:*
22 Commodities
1957-59=100..
9 Foodstuffs
. _ _do. ..
13 Raw i ndustrials
do

96.5
90.8
100.6

97.0
92.2
100.4

95.4
91.3
98.3

94.6
90.2
97.8

93.0
89.8
95.4

92.5
90.0
94 2

92.6
89.9
94 5

92.5
90 3
94 0

92.9
89.9
94 9

93.0
88 4
96 4

92.6
88 2
95 8

93.5
90 7
95 5

93.3
90 g
95 1

92.2
89 2
94 4

100.3

100.6

100.7

100.7

100.4

100.2

100.0

100. 4

100 5

101 2

100.6

100 7

100 4

100 5

100 2

99 9

96.1
100.3
101.4

97.1
100.2
101.7

97.5
100.2
102.1

97.6
100.3
101.8

96.5
100.5
101.4

95.8
100.4
101.2

95.2
100.2
101 1

96.5
100.3
101 5

97.2
100 1
101 7

99.2
100 2
102 6

97.4
100 1
101 9

97.6
100 1
102 0

96.8
100.1
101 6

96.8
100.2
101 8

'95.6
100.1
101.5

94.5
100.0
101 1

99.6
101.3

100.1
101.0

100.3
101.2

100.2
101.2

99.7
101.2

99.5
101.1

99 3
101.0

99 8
101.0

100 0
101 0

101 9
100 9

100 4
100 7

100 5
100 7

100 0
100 7

100 2
100.7

99.7
100.7

99 2
100.6

do
do
do
do

96.0
93.7

97.7
97.7
98.8
96.2

98.2
104. 3
96.7
94.5

98.4
106. 0
97.4
95.7

96.9
99.0
98. 5
94.1

96.2
107.1
101.0
91.4

95
98
99
91

3
7
9
6

96 5
92 2
99 1
95.8

97
90
98
98

6
9
6
4

98.7
97.5
98.5
98.6

99 3
96. 4
99 5
98 3

97 3
88 5
101 1
96 2

98
104
'02
94

r

95.6
92.5

96 5
'"96.5
103.0
89. 5

95
99
103
85

Foods processed 9 ©
do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned, frozen
do
Meats poultry, and
fish
_
_ _ do

100.7
105.1
107.5
101.7
95.4

101.2
107. 6
106.9
98.0
99.1

101.8
107. 3
109. 1
99.8
98.7

101.6
107. 4
108.0
99.3
98.4

100.2
108.0
106. 0
99.0
95.6

99.6
107.4
104. 5
98.6
95.5

99 8
107 6
105 0
99.1
95 7

100 8
107 9
105.7
98.7
99.0

101 5
107 8
106 1
97.1
101 0

103 3
107 6
106 0
96.6
106 8

101 5
107.6
107.7
96.4
100.0

101 3
107 7
108 0
96.3
100 1

100 9
107 6
108 1
95.7
99 4

100 8
107 4
107 8
100.0
97 9

100 5
108. 6
108.0
100.0
95.6

99 1
108 2
107. 0
101.4
91 8

Commodities other than farm products and foods
1957-59=100..

100.8

100.8

100.8

100.8

100.9

100.9

100.7

100.8

100.6

100.8

100.7

100.7

100.7

100.7

' 100. 6

100. 0

99.1
98.4
98.3
87.5
104. 3
103. 6

97.5
96.3
96.0
76.3
101. 9
103.8

98.1
96.8
97.1
77.0
106. 3
103. 7

98.0
90.6
97.1
81.3
103. 7
103. 7

97.9
96.5
97.0
79. 3
103. 7
103.7

97.7
96.3
97.0
77.1
103. 6
103.8

97.6
96.2
97.0
73.4
103.6
103 8

97 2
96. 1
95 1
73 5
101 0
103 8

97
95
95
73
98
103

0
9
0
0
4
8

96 9
95 9
95 0
79 3
98 6
103 8

97 1
96. 1
95 1

96
95
94
72
99
103

96
96
95
71
100
103

'96.7
'95.2
95. 1
72 7
102.3
103 8

96 8
95.4

99 0
103 8

97 0
95 9
95' 1
75 9
99 2
103 8

Fuel and related prod., and power 9 do
Coal
do
Electric power
Jan. 1958=100
Gas fuels
-. . do _.
Petroleum products, refined
1957-59=100..

100.7
97.7
102. 4
118.7
99.3

100.2
96.8
102.8
119.2
98.2

100. 4
98. 7
103. 0
122.0
97.8

98.9
98.7
103.1
119.4
95.3

100. 2
95. 3
103. 0
115.3
98.9

99.7
94.6
102. 9
116.6
97.9

99.6
94.6
102. 8
113.8
98.1

100 0
95. 3
102 8
119. 7
98.0

99 5
95 6
102 8
117 8
97.2

100 8
96 6
120 1
99.2

100 8
97 2
102 7
122 7
98. 9

100
7
(
*7 7
102 7
122 3
98.6

100 8
98 3
102 7
123 1
98.6

100 4
P8 3
1()9 5
1?0 8
98.2

Furniture, other household durables 9
Appliances, household
Furniture, household
_.
Radio receivers and phonographs
Television receivers

do __
do
do
do
do

99.5
95.2
102.8
91.5
97.2

98.8
94.0
103.8
86. 1
94.2

99.1
95.0
103. 5
87.8
93.7

99.0
94. 9
103.4
87.1
93.7

98.9
94. 7
103. 4
80.8
93.7

99.0
94.3
103.7
87.2
95.5

98. 9
94.3
103. 9
84.8
94. 9

98,8
93. 9
104. 1
85.4
94.3

98.7
93.4
104. 0
85.4
94.3

98.6
93.2
103. 9
85.1
94.3

98.5
93.0
104.0
85. 1
94.3

98
93
104
84
94

6
1
1
6
3

98
93
104
84
94

4
0
2
5
3

98.3
92.3
104. 5
84.0
93.6

Hides, skins, and leather products 9
Footwear
Hides and skins
_. _
Leather
Lumber and wood products
Lumber

do
do
do. ..
do
do
do. ._

106.2
107. 4
107. 9
106.0
95. 9
94.7

107.4
108. 7
106. 2
108. 5
96. 5
96. 5

107. 7
108. 5
105. 4
110.6
95.2
94. 8

107. 4
108.7
103.8
109.6
96. 2
95.8

106. 9
108. 7
103.3
109. 5
96.8
96.8

107. 2
108. 7
105. 4
110.6
97.1
97.5

108. 0
108. 7
108. 5
110.0
97. 3
97. 6

107.5
108.8
104. 2
108. 4
97. 5
98.0

107.0
108. 8
105. 1
106 9
97.4
97.7

107. 5
108 8
110.8
106 6
97.0
97.2

107.4
108 6
108 8
106 5
96 6
96 7

107.
108
107
106
96
96

3
6
1
8
3
3

106. 9
108 7
101 6
106 1
058
95 8

Machinery and motive prod 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles _
. _.

do
do
do
do
do

102.3
107. 4
107. 5
100.0
100. 7

102 3
109. 5
107.8
98. 4
100. 5

102. 3
109. 2
107.6
98.8
100. 2

102.3
109.4
107. 6
98. 7
100.1

102. 3
109. 2
107. 7
98.6
100. 1

102. 3
109. 3
107.7
98. 6
100. 1

102.2
109.5
107.7
98. 4
100.9

102. 4
109. 5
1 07. 6
98. 1
100. 9

102. 3
109. 4
107.7
98.0
100. 9

102.3
109. 4
107.7
98.4
100. 9

102
109.
108.
98
100

2
6
0
4
4

102 2
110.2
108. 2
98 1
100 4

Metals and metal products 9
Heating equipment
Iron and steel
Nonferrous metals
_

do
do
do
do

100. 7
94.6
100. 7
100. 4

100. 0
93.2
99. 3
99. 2

100. 6
93.8
100. 4
100. 3

100.4
93.7
99.8
100. 1

100. 3
93.7
99.6
99.8

100. 2
93.1
99 2
99. 9

99.8
92. 9
98. 9
99. 3

99. 7
92.9
98.9
99.0

99. 8
92. 9
99. 1
99.0

99.7
92. 6
99. 0
98.9

99
92
98
97

4
7
7
9

99
92
98
98

3
8
4
3

Nonmetallic mineral products 9
Clay products structural
Concrete products
__ .
Gypsum products

do _ _
do
do_.
do

101.
103.
102.
103.

8
2
5
8

101.8
103.5
102. 6
105. 0

102.1
103. 5
102. 6
105.0

102.
103.
102.
105.

2
6
6
0

102.4
103.6
102. 6
105.0

102. 1
103. 6
102. 5
105. 0

101.9
103. 6
102. 5
105.0

101. 6
103.6
102. 7
105.0

101.6
103. 6
102.6
105. 0

101. 5
103. 6
102.6
105. 0

101
103
102
105

6
4
7
0

101
103
102
105

6
4
8
0

Pulp, paper, and allied products
Paper Hubber and products
Tires and tubes

do
do ._
do
do

98.8
102. 2
96. 1
92. 4

100.0
102. 6
93.3
87.1

99.9
102. 5
93. 5
87.0

101. 0
102. 7
93.6
87.6

101. 3
103. 1
92. 9
86. 1

100. 8
103. 1
93.2
86.4

100. 5
103.1
93. 0
86.4

1 00. 0
102. 6
92. 7
86.4

99.7
102. 6
92. 7
86.4

99.5
102. 4
92. 8
86.4

99.3
102.3
93. 1
86 4

Textile products and apparel 9 - -- - do
Apparel
do
Cotton products
do
Manmade fiber textile products
do
Silk products
do
Wool products
.do

99.7
101. 0
100. 4
93.4
113.2
97.1

100. 6
101.5
101.7
93.9
125. 9
99.1

100.4
101. 2
102. 2
93.3
113.2
98.1

100. 5
101.3
102.4
93.5
116.3
98.3

100. 5
101.3
102. 4
93. 7
121.6
98.6

100.7
101.4
102. 1
94.5
126. 4
98. 9

100. 8
101.5
102. 0
94.6
130. 7
99. 1

100. 9
101.8
101.9
94.7
130.2
99. 3

100.8
101.8
101.7
94.3
132.4
99. 3

100. 6
101.6
101.3
94.0
125. 2
99.4

Tobacco prod, and bottled beverages 9 — -do
Beverages, alcoholic
do
Cigarettes
_ _
do_.
Miscellaneous __
do._ Toys sporting goods _
._ ...
do..

103. 2
100. 6
101. 4
103.9
100. 9

104. 1
101.0
101.4
107.3
100.8

103. 8
100. 7
101.4
105. 6
100.3

104.0
100.8
101.4
105.6
100.5

104. 0
100. 8
101. 4
106, 0
100.5

104.1
101. 1
101. 4
106. 0
100.5

104. 1
101. 1
101. 4
105. 4
100. 7

104. 0
100. 7
101.4
107. 6
101. 0

104.2
101. 1
101.4
107. 2
101.0

99.7
96.0

99.4
94.9

99.3
95. 4

99.3
95.2

99.6
95. 1

99.8
95.1

100.0
95,0

99.6
94.8

99.5
94.8

94.3

All commodities!

-do

__

By stage of processing:
Crude materials for further processing — do
Intermediate materials, supplies, etc
do
Finished goods 0
do
By durability of product:
Nondurable goods
do
Durable goods
_ do
Farm products 9
Fruits and vegetables, fresh and dried
Grains
Livestock and live poultry

Chemicals and allied products 9
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils inedible
Fertilizer materials
Prepared paint

do
do
do
do
do
do

_.

6
9
1
5

100
94
98
104

1Q9 g

8
9
8
8
6
8

5
0
0
1
r

9
0
°
7
8
8

4
0
7
G

qr, 2

74 0
102 3
103 7

100 3
100 8
' 98. 4 98 1
102 5
102 4
' 127. 8 127 5
97.1
98.2

98.2
92.3
104. 5
84.6
93.6

98.2
92.3
104. 5
84.2
92 7

100.0
108 5
95 '-*
105 *?
95 9
95. 9

105. 1
108.4
'85.9
104.7
96.1
96.2

105. 2
108. 5
88.4
103. 7
96. 4
96. 5

102 3
110. 5
108.3
98 1
1 00 4

102 3
110.8
108. 3
98 0
100 4

' 102. 2
110.8
108. 5
r
97. 8
100. 4

102. 0
111.0
108. S
97. 0
100. 3

99. 3
93. 3
98. 7
97.7

99. 5
92. 5
98 8
98.0

99. 4
92. 4
98.6
98.0

99. 4
92. 7
98. a
98. 1

r

r

5
5
5
0

101.4
103. 7
102. 5
105. 0

101. 5
103. 6
102. 2
105.0

101. 5
103. (1
102. 2
105. 0

99.1
102.2
93.7
88.0

99. 0
102.2
94.4
89.0

99.0
102. 2
94.3
89.0

99. 1
102.2
94.2
89.0

99. 1
102. 2
94. 1
89. 0

100. 5
101.7
101.0
93. 6
129. 5
99. 6

100. 5
101. 7
100. 7
93.6
130.3
100. 1

100.6
101.7
100.8
93.7
143.3
100. 2

100.4
101. 3
100.6
93.7
149.8
100. 7

100.3
101.4
100. 5
'93.7
' 151. 1
100.7

100. 1
101. 4
100. 2
93. 7
150. 9
100. 8

104. 2
101.1
101.4
109. 1
101.1

104.5
101. 5
101.4
108. 7
101. 2

104. 5
101.5
101.4
109.8
101.2

104. 3
101. 1
101. 4
110.2
101.3

104.3
101. 1
101.4
111.6
101.3

104.3
101.1
101.4
111.5
101. 1

104. 3
101. 1
101.4
110. 9
101. 1

98.8

99.4
94.3

99.3
94.3

99.6
94.5

99.5
94.3

99.8
94.3

i 100. 1

101.
103.
102.
105.

r
r

PURCHASING POWER OF THE DOLLAR}
As measured byWholesale prices
Consumer prices

1957-59=100..
do

' Revised.
Indexes based on 1947-49=100 are as follows: Measured by—wholesale
prices, 84.3 (Mar.); consumer prices, 76.9 (Feb.). cf For actual wholesale prices of individual
commodities, see respective commodities. JData reflect conversion to the 1957-59—100 reference base period. Monthly and annual data for earlier periods for major components appear
on p. 20 of the Oct. 1962 SURVEY. *NTew series. The index measures price trends of commodities which are particularly sensitive to factors affecting spot markets.




1

Monthly data for earlier periods are available upon request from the U.S. Department r
Labor, Bureau of Labor Statistics, Wash. 25, D.C.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separate!}
©Revisions for Mar .-Dec. 1960 appear on p. 20 of the Oct. 1962 SURVEY; those for Jan.
June 1961, respectively, are as follows (1957-59 = 100): 102.0; 102.6; 101.7; 100.9; 99.8; 99.0.

SUEVEY OF CURRENT BUSINESS

April 1963

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

Monthly
average

S-9

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total

mil. $..

Private total 9

do

Residential (nonfarm) 9
do
New housing units
do
Additions and alterations
do
Nonresidential buildings, except farm and
public utilities, total 9
_mil. $
Industrial
-do
Commercial 9
do
Stores restaurants, and garages* _.do
Farm construction
do
Public utilities
do
Public total
Nonresidential buildings
Military facilities
Highways
Other types

4,783

5,090

3,773

4,131

4, 600

5, 319

5, 826

5,743

5, 844

5,791

5,748

5, 339

4, 888

' 4, 334 ' 4, 005

3, 364

3,615

2,769

2,987

3,325

3 821

4, 112

4,078

4,082

4, 038

3 888

3,781

3, 535

' 3, 138

2, 943

3.130

1, 875
1,349
428

2,069
1, 521
443

1,472
1,078
298

1,629
1,192
343

1, 928
1, 345
487

2 308
1,514
692

2,492
1, 697
686

2,388
1,759
516

2, 353
1,794
445

2,311
1,776
423

2,187
1,702
374

2, 137
1, 646
380

1,999
1,541
351

' 1 , 746 '1,578
'1,309 '•1,152
'335
'326

1,734
1,264
373

896

944

894

971

1,025

1,039

1,037

1,021

1,010

964

-

221
348
167
96
410

223
348
161
107
433

-do

1,420

1,476

1,004

1,144

1,275

1,498

do
do
do
do

428
114
485
393

426
106
521
422

353
70
241
340

392
95
279
378

425
103
339
408

436
114
509
439

56,714

57, 748

58, 279

60, 764

39, 909

40, 553

41,747

43, 472

do

Military facilities
Highways

839

224
346
163
90
355

229
383
185
122
476

245
454
217
132
520

244
454
212
113
495

1, 753

1,860

464
117
700
481

459
117
708
469

62, 084

62,829

44, 908

45,244

239
469
252
147
491

241
471
246
152
511

1,714

1,665

1,762

472
157
618
467

461
94
643
467

62, 678
44, 842

235
433
225
137
489

899

4, 323

'869

851

243
428
189
95
453

241
382
155
92
••378

'382

228
3G3
155
98
426

1.558

1,353

' 1, 196

' 1, 062

1, 193

463
129
800
468

418
113
589
438

390
104
496
363

'389

'350

"365

(')
277
336

382
(')
(')

62, 358

63, 517

62,610

61, 823

62, 91 7 '60,396

60, 661

44, 976

43, 843

44,059

44, 134 ' 43, 434 '42,370

42, 497

245
465
234
146
515

235
368
151
94

104
338

r

0)

22, 245

22, 507

23,484

25 018

26, 118

25, 987

25,957

25, 813

25, 013

25,432

25, 654 ' 24, 830 '23,866

23,969

10 849
2, 592
4, 756
2,444
1,284
5,274

11,033
2, 653
4,795
2,442
1,295
5,449

11,234
2,792
4,793
2, 353
1, 385
5.388

11 257
2, 886
4 752
2 268
1 466
5, 481

11 403
2, 950
4 865
2 352
1, 531
5, 539

11 661
2,962
5, 110
2 588
1, 533
5, 444

11 830
2,936
5,273
2, 688
1,533
5,626

11 723
2, 930
5,214
2 549
1,575
5,548

11 419
2, 885
5, 018
2 316
1, 526
5, 575

11,261
2, 820
4,967
2,245
1,436
5,637

11, 205
2,788
4,979
2,262
1,332
5,657

11 244
2,742
4.982
2 266
1,323
5,665

do

16,805

17, 195

16, 532

17 292

17 836

17, 176

17 585

17, 382

19 674

18,551

17, 689

do
do

5 116
1,211
5,414

5 069
1,328
5, 771

5, 106
1,381
5,057

5 122
1,354
5 830

5 257
1,549
5 989

5 043
1,170
5, 876

5 083
1,244
6, 195

5 065
1, 164
6, 140

5 192
1,492
7,786

5, 216
1,003
6,922

5,083
1,324
6,343

2, 749

3, 986

3, 860

3,747
117
1,231
2,516

3,198

1,039
2,591

3,273
113
1,099
2,174

3,188

1,871

3,900
120
1,331
2,569

3, 425

1,211
2,650

4,009
117
1,227
2,782

3,631

1,475
2,511

1,003
2,422

1,099
2,089

1,190
2,009

893

1, 325
1, 552

1,102
1,816

1,275
1,819

1.242
1,656

1,197
1,623

626
176

1,075
1,610

1,166

719
207

624
111

1,066
1,361

724
277

1,177
1, 651

1,019
1,519

729
186

Residential (nonfarm)
do
Nonresidential buildings, except farm and
public utilities total 9
mil $
Industrial
do
Commercial 9
do
Stores restaurants and garages*
do
Farm construction
do
Public utilities
do
Public total 9

833

234
414
202
119
459

N'ew construction (seasonally adjusted at annual
rates) total
mil $
Private total 9

835

230
389
193
123
449

r

11,348
2,773
5.086
2,310
1,330
' 5, 621
r

11 219
2, 716
4,999
2,256
1,326
' 5, 659

19, 483 '18,026
r

5 096
1, 787
7,483

r 5 072

2,779
121
932
1,847

2,917

1,016
1, 250

1,005
1,215

18 164
4 9°3

(t)
(»)

(')

6 180

CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Corp.): A
Valuation, total
mil. $
Index (mo data seas adj )*
1957-59—100
Public ownership
mil $
Private ownership
do
By type of building:
Nonresidential
do
Residential
do
Public works
do
Utilities
do
Engineering construction:
Contract awards (ENR) § . _ _ _ _

do

Highway concrete pavement contract awards:^
Total
thous SQ vds
Airports
_
_. .
do
Roads
_
do
Streets and alleys
__
do

3, 095
2
108
1,046
2,049

3,442
M20
1,133
2,309

1,010
1,344

1,084
1,503

119
877

1,192

131

121

118

659
196

488
176

1,832

1,844

1,806

2,151

1,687

2,252

1,821

1,908

2,181

8,939
476
5,390
3,073

9,483
477
6,217
2,789

6,386
416
4,712
1,257

6,530
408
4,170
1,953

8,888
848
5,694
2,346

9, 796

10, 846
6, 445
3,674

8,861
1,017
4,443
3,402

113.8
82.4
109.4

123.5
'82 8
121.0

77.8
53.8
76.4

117.2
79.8
115.4

151.6
101.7
147.0

156.6
107.7
154.2

139.5
96.9
136. 2

111.4
78.8
107.1

121.5
86.8
119.1

76.7
55.8
75.3

115.6
83.2
113. 8

149. 5
110.6
144.9

155. 1
112.0
!52 8

1,152
1,134

1,431
1,407

1,542
1,521

147

147

576
165

806
303

117

123

138

921

574
166

661
99

1,621

1,608

2,144

1,443

10,414
421
6,205
3,788

6,986
123
4,415
2,447

10 718

14, 898

10, 576

132
6,479
4, 107

12, 017
2, 635

8,711
1, 650

139.3
96.0
135.8

147.9
101. 7
146 1

116. 3
76. 4
113 6

136.4
91 0
133 5

121.9
78.4
120.3

94.5
' 56. 1
93.5

137.0
96.2
133.7

137.4
97.7
133.9

144.8
99.3
143 0

113.7
83.7
111 0

132.5
92.9
129 7

120.8
83.0
119.2

93.5
'•67.8
92.5

1 579
1 566

1 425
1 399

1,466
1,447

1 529
1 500

1 289
1 261

1 550
1 504

1,586
1 571

148

147

148

148

149

149

148

148

750

751

702
241

787
4,973
4,037

727

246

787
325

216

130

1,092
1,825

433
82

3

2, 675

11,019
1,023
7, 815
2,181

571
127

3

2, 075

3

3, 250

6 351

122

4 923
1,306

HOUSING STARTS
New housing units started :J
Unadjusted:
Total, incl. farm (public and private)._-thous_.
One-family structures _
do
Privately owned
do
Total nonfarm (public and private)
In metropolitan areas
Privately owned

do
do
do

Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)

do
do

r

82.5
47 4
79 8

86 5

81.4
60 7
78 7

85 8
65 4
84 9

1, 472
1 453

1 229
1 207

1 280
1 254

149

149

150

r

87.4

CONSTRUCTION COST INDEXES
Department of Commerce composite
American Appraisal Co., The:
Average, 30 cities
Atlanta
__
New York
San Francisco
..
St. Louis

1947-49=100-

145

1913=100—
do
do
do
do

810
814
703
720

741

148
756

832
836
720
741

748

824
825
711
733

749

824
825
711
735

824
825
711
735

Associated General Contractors (building only) O
11C
1957-59=100111
109
110
111
' Revised.
1 Not yet available; estimate included in total.
2 Computed from cumulative valuation total.
3 For new advance planning (Jan., 5 wks.;
Feb., 4 wks.; Mar., 4 wks.). Corresponding data for 1962 are as follows: Jan. (4 wks.),
$1,694 mil.; Feb. (4 wks.), $2,031 mil.: Mar. (5 wks.), $1,482 mil.; Dec. (4 wks.), $1,953 mil.
9 Includes data not shown separately.
*For data prior to Aug. 1960 for stores, restaurants, etc., see Bureau of Census reports;
data prior to Mar. 1961 for F. W. Dodge index will be shown later.




824
824
711
738
111

754

825
825
711
742

758

833
845
711
743

760

833
845
718
743

762

835
845
734
743

762

845
846
734
743

768

848
848
740
748

768

848
848
740
754

770

851
849
741
756

150

771

851
849
744
756

111
111
112
112
112
112
112
112
113
113
AMonthly averages are based on annual totals including revisions not distributed by
months.
§Data for Mar., May, Aug., and Nov. 1962 and Jan. 1963 are for 5 weeks; other months, 4
weeks.
cf Data for May, July, and Oct. 1962, and Jan. 1963 are for 5 weeks; other months, 4 weeks.
JFor revised data for Jan.-Sept. 1961 see Census report (C20-41).
ONote shift in reference base; data prior to Sept. 1961 on 1957-59 base are available upon
request.

SURVEY OF CURRENT BUSINESS

S-10

1961 1 1962

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

"\lonthlv
average

April

1962
Feb.

Mar.

Apr.

May

June

1963

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. IT. Boeckh and Associates:! *
Average, 20 cities:
All types combined
U.S. avg. 1957-59=100._
Apartments, hotels, office buildings. - do.
Commercial and factory buildings
do _
Residences
do
Engineering News-Record: O
Building
1957-59 = 100
Construction
do
Bu. of Public Roads— Highway construction:!
Composite stand mile (avg f o r q t r ) 1957-59=100
CONSTRUCTION

105. 6
106.3
105.6
104.5

107. 8
108.8
107.8
106.3

106. 5
107.4
106.5
105. 1

106.5
107.4
106.5
105. 1

107.0
107.9
106. 9
105.6

107. 6
108.6
107.6
106.2

107.9
108. 9
107.9
106. 4

108.5
109.4
108. 5
106.9

108.7
109.7
108. 6
107 2

108.8
109.8
108.7
107.3

108.7
109.7
108.7
107 2

108
109
108
106

5
6
5
9

108.6
109. 7
108.6
106 9

108.8
109 9
108 8
107 1

108 9
110 0
108 9
107 1

107.8
111 5

110. 1
114 7

108.7
113 0

109.1
113 4

109. 3
113 6

109 9
114 7

110 0
114 9

110 6
115 4

111 1
116 0

111 1
115 9

111 0
115 8

110 8
115 8

110 8
115 8

110 9
116 1

111 0 ! Ill °
116 2 ' 1 116 4

2

2 98. 0

94. 9

97.4

98. 4

97. 0

101 2

MATERIALS

Output index:
Composite, unadjusted 9 J.
Seasonally adjusted 9 t

19-17-49=100_.
^o

r 129.

Iron and steel products, unadjusted^
do
Lumber and wood products, unadj.t
do. _ _
Portland cement, unadjusted
_ do

3

133. 9

113.0
127. 9

133.3
138.1

135.9
133.8

149.7
139. 6

144. 9
135. 9

132. 2
' 137. 2

141.2

139.6
«• 133. 8

150. 4
132. 7

1?Q 4
135 3

109.4
127.7

155.3
r

130. 2
127.4
161.6

131.6
132. 8
167. 6

116.5
123. 6
91. 6

138.8
135. 1
122.4

139. 2
134.7
168. 0

150. 5
146. 0
201.7

146. 3
135. 0
193. 2

128. 5
121.9
199.7

152. 1
147.9
216 1

133.6
134.5
201. 4

141.4
149.1
202.9

119 7
13? 8
1 75 5

99.9
115.4
137.2

20.3

18.4

18.7

24.6

22.7

23.1

20.4

19.8

19.3

15.4

17.7

13 1

11.7

14.8

14.3

12. 0

19.0

16. 3

17.8

14.7

J7. 1

15.5

12.1

14.1

109.4

REAL ESTATE
Mortgage applications for new home construction:*
Applications for FITA commitments
thous. units
Seasonally adjusted annual rate
do
Requests for VA appraisals
- do___
Seasonally adjusted annual rate
do
Home mortgages insured or guaranteed by —
Fed Hous Adm • Face amount
mil $
Vet Adm • Face amount
do
Federal Home Loan Banks, outstanding advances

169

208

240
167

229

172

216

147

221

184

195

148

191

207

158

176

13.2

14.6

203

1Q7

10 6

10.6

168

199
8.9
172

10.7
150

9Q7

161

13.3
1,V>

439. 24
221.01

397. 95
175. 44

418.16
204. 97

371.89
181.81

402. 80
183.76

403. 77
206. 90

432. 60
219.34

464. 73
247. 35

430. 95
231.21

546. 38
284. 92

492. 28
253. 52

428. 99
236. 34

503.65
254. 04

399. 82 >;
202.02

3 2 662

3 3, 479

2,228

2, 151

2,323

2. 429

2, 767

2,860

2,948

3,046

3,091

3.068

3,479

2,802

2,611

1,447

1,730

1,303

1,611

1.661

1,857

1,936

1,839

2. 036

1,731

1.953

1,750

1, 755

1,573

1,497

423
601
423

498
710
521

362
509
432

464
633
514

512
635
514

584
739
534

572
823
541

515
796
528

540
920
576

495
746
490

543
823
587

505
708
537

534
643
578

'434
r
616
••523

2, 596
6,090

2. 849
7. 204

2 238
6,382

2 627
7,441

2, 704
7, 055

2,983
7,214

3, 075
7. 396

3, 134
7,206

3.333
7.568

2,861
7,034

3,208
7,271

2.883
7. 553

2, 682
7.221

2.658

number
mil $

100. 75

105. 42

1 1 5. 86 114.42

106. 14

114.53

95.99

94. 79

94. 58

85. 25

99. 99

105. 69

104. 29

142. 00

New nonfarm mortgages recorded ($20,000 and
Fire losses (on bldgs content5 etc )

246

397.10
152. 63

New mortgage loans of all savings and loan associations, estimated total
mil. $_
By purpose of loan :
Home construction
do
Home purchase
do
All othe r purposes
do

Nonfarm foreclosures

239

r

j

422 !
575 i

500 ;

126.53

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adj.:
Combined
index
1947-49=100
Bu c iness papers
do
Newspapers

do

T?adin (network)
Television (network)

do
1950 52—100

Television advertising:
Network :d"

2

Automotive incl accessories
Drugs and toiletries
Foods soft drinks confectionery

do
do
do

233
246
185

244
248
190

240
254
184

243
268
194

240
242
192

239
248
189

240
261
186

245
243
188

246
249
196

240
258
186

247
245
201

201
143
20
483

216
128
20
533

200
128
20
544

196
131
18
533

196
133
20
550

191
133
21
551

193
140
17
549

203
146
17
583

201
144
20
562

202
146
20
519

220
124
19
528

1780
22 12 0
52 0
2
36 7

194 6
12.7
60 7
42 7

193 2
12.2
58. 1
39 1

192.4

2 19 9

9.6

62. 6
37.4

All other
Spot (national and regional):

do

21 2
2 37 o

19 6
21 9
37 0

20 9
21 7
41 2

24. 4
21.6
36. 8

A ^ t " ft
i' 1
Drugs and toiletries

do
do

2 151 4
2
4 3
2
30. 2
2 52 5

182 1
4 2
39.7
64 5

189.4
7 4
31.8
62 8

151.9
5. 4
30.2
48.3

21.5
8 4
43.8

23.5
9 0
54.9

20.4

q

j ?

f

HO

V 1

nrles

2

2

S ki
All other

teri'ils

Magazine advertising:
Cost, total
Apparel and accessories
Automotive incl accessories
Building materials
Drugs and toiletries
Foods, soft drinks, confectionery

do
do

-

do-._
do
do
do
do
do

Beer wine liquors
do
Household equip supplies furnishings do
Industrial materials
do

2

18 0
27 4
41.9

69.7

4.5
7.0
2.5
6.6

73.0

4.6
7.9
2.3
7.1

66.9

81.3

2.7
7.3
2.4
6.3

5.0
9.3
3.5
7.0

87.1

7.2

10.8

3.6
7.5

5.7
9.2
3.7
7.3

72.9

2.9
7.6
2.6
8.1

5.0
42. 6

51.7

.9
4.4
1.7
6.4

50.2

5.2

3. 6

1.4
5.0

75.0

8.4
5.6
2.7
6.9

91.8

96.3

12.8

11.3

3.2
6.1
1.0
8.0

6.8
2.4
8.6

5.4

1.9
9.9

71.9

50.7

1.5
5.8
1.2
4.7

66.6

3.0
9.0
1.5
5.9

10.2

10.6

12.3

12.5

11. 1

10.1

10.3

8.8

7.1

9.4

13.1

14.1

10.4

8.8

10.3

4.3

4.5

3.3

4.7

3.7

4.6

5.1

3.6

2.8

3.9

5.1

6.2

8.6

1.6

3.2

4.8
3.8
.7
2.4

4.9
3.7
.8
2.8

3.1
2.5
.7
2.8

4.9
3.6
.8
2.6

7.2
4.2
.8
2.6

Smoking materials
do. __
22.9
23.6
28.5
23.8
27.5
All o t h e r .
do
»• Revised.
* Index as of Apr. 1, 1963: Building, 111.2; construction, 116.4.
2 Quarterly average based on quarterly data.
3 End of year.
f Copyrighted data; see last paragraph of headnote, p. S-l.
*Ne\v series; data prior to
1961 (1962 for seas. adj. mortgage applications) will be shown later.
O Revised to reflect
•data as of 1st of indicated month and shift to 1957-59=100 reference base; data for building
Digitized for costs
FRASER
prior to Aug. 1961 are shown on p. 18 of the Oct. 1962 SURVEY, tRevised to reflect current specifications and base period; data prior to 4th qtr. 1960 are available upon request.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

82.0

._

7.5
4.3
.7
2.9

5.0
4.1
.6
3.5

3.4
3.2
.6
2.7

2.4
3.3
.7
2.5

5.0
4.9
1.0
2.5

7.6
4.4
1.0
2.8

7.0
4.6
1.4
2.8

4.2
3.5
.7

3.7

2.7
2.1
.7
2.1

3.5
2 4

.7
2.5

27.2
19.6
24.7
22.6
16.3
23.2
16.0
24.6
31.7
9 Includes data for items not shown separately.
t Revisions available upon request are as follows: 1955-61 for composite index; 1955June 1960 for iron and steel; 1959-Oct. 1961 for lumber and wood products.
cf Revised beginning 1961 to provide for horizontal contiguity rate structure, wherein a
single advertiser might obtain a lower basic rate through the purchase of time across-theboard; not directly comparable with earlier data.
26. Q

SURVEY OF CURRENT BUSINESS

April 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1961

S-ll

1962

Monthly
average

Feb.

Mar.

Apr.

May

1963

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

197 7
55. 1
142 6
9.6
6 6
17.8
108 6

190 3
53. 2
137 1
10.3
4 '".«

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities):
Total
mil . lines
Classified
_
do
Display total
do
Automotive
.
. do_._
Financial
do
General
do
Retail
.
do

231.4
58.1
173 3
12.3
4 9
26. 9
129, 1

233. 2
60.5
172 7
12.4
4 8
25.1
130.3

198.9
54.1
144 8
11.4
4 4
23.4
105. 6

236 9
62.2
174 7
12.7
4 8
27.6
129 5

246 0
63. 6
182 4
13.7
5 5
27.6
135 6

256 9
65.9
190 9
15.1
4 4
30. 5
140 9

227 6
62. 3
165 3
14.2
4 4
26.1
190 6

207 0
61.7
145 3
12 6
5 4
19.0
108 3

229. 8
64. 6
165 1
11.3
3 5
20.0
130.4

239 5
63. 2
176 3
11.2
4 1
26. 1
134 9

257 8
62.5
195 3
16.2
51
31.3
142 6

261 4
59. 2
202 2
12.3
4 3
30.' 0
155 6

235 2
50. 3
184 9
7. 7
4 5
21 2
151 5

mil. $_. 18, 234

19.613

16, 042

19. 036

19.251

20, 226

20, 254

19,138

19,920

18, 863

20. 576

20,911

24. 127

5. 608
3, 076
2, 870
206

6, 245
3, 566
3, 344
222

4 980
2 994
2 83?
162

6 139
3 780
3 579
201

6 984
3 763
3 544

6 828
4 026
3 786
240

6 786
3 944
3 697
247

6 330
3 567
3 334
233

6, 321
3, 421
3, 194
227

5 604
2 808
'> 599
209

6 988
4 082
3 850
'232

6, 742
3, 869
3, 641
228

6 766
3 434
3 139
295

865
547
318
913
700
213

901
583
318
947
728
219

7? 5
461
264
652
501
151

814
532
282
816
623
193

789
529
260
950
728

876
577
299
1 063
814
249

894
580
314
1 068
829
°39

873
573
300
1 070
850
220

948
625
323
1 . 096
874

969
627

992

916
598
318
999
782
217

1 068
846
222

1 020
658
362
976
760
216

1 216
745
471
921
609
312

1 2, 626
do.
1 144
do
do
292
do _ _
439
do
282
201
do

13, 367
1, 185
228
456
297
213

1 1 . 062
795
149
312
189
145

12,897
1 003
186
418
263
196

12 967
1 307

13,468

496
390
270

13 398
1 183
221
463
285
214

407
9
69
212

12 808
971
18r>
368
236
182

13, 599
1.096
192
414
275
215

13 259
1 193
206
455
296
236

13 588
1 214
2?6
468
308
212

14, 169
1 320
258
513
340
209

17 361
2 ]97
467
801
554
305

669
1.442
4,801
4,344
1, 554

699

1 , 185
4 314
3, 902
1, 333

657
1 , 336
4 971
4, 522
1.487

643
1 371
4 590
4, 073
1,511

669
1 486
4 791
4,' 326
1, 577

667
1 . 537
5 033
4. 563
1.623

646
1 566
4 733
4, 267
1,647

658
1,630
4, 997
4,521
1,662

632
] 513
4 893
4, 369
1 , 564

647
1 485
4 803
4,350
1, 604

660
1, 445
4 917
4, 456
1,561

r
880 r 649
1 334
1 479
5 °37 rr 4 738
4, 732 r 4,303
1,540
1, 629

2. 267
1.315
169
371
450

1, 513
850
121
265
372

1, 966 '2.152 * 2, 201
1 . 1 46 r \ 248 r 1 28?
145
156
' 163
324
303
351
408
424
402

2, 241
1,266
180
367
461

2, 232
1 303
1 f 55
352
436

2. 372
1 377
'l83
360
447

2,711
1, 575
245
400
488

4. 119
2 492
267
751
700

19, 645

19, 693

19, 821

20, 230

20, 203 r 20. 247 '• 20. 452

6 481
3 832
3, 610
222

6, 523
3 760
3, 533
227

9

924
585
339
961
744
217

19.5
103 2

RETAIL TRADE
All retail stores:
Estimated sales (unadj.), totalf ©

Durable goods stores 9 ©- _ _ _
do
Automotive group0
_ _
_do ___
Motor veh., other automotive dealers do
Tire, battery, accessory dealers© .... do
Furniture and appliance group
do
Furniture, homefurnishings stores
do
Household appliance, TV, radio _ _ _ ..do___
Lumber, building, hardware group
do
Lumber, bldg. materials dealerscf
do
Hardware stores
do
Nondurable goods stores 9
- Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores.,
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations

do
do
do
do
do

645
1,367
4, 61 S
4. 1 59
1,498

General merchandise group 9
Department stores _
_
Mail order houses (dept. store mdse.)
Variety stores
Liquor stores
_ » _

do
do
do
do
do

2, 076
1,213
161
340
409

Estimated sales (seas, adj.), totalf©

r
T

19.027

do

19, 328

919

921

19, 673

19,508

Durable goods stores 9 ©
do
Automotive group©
do
Motor veh., other automotive dealers-do
Tire battery accessory dealers©
do

5 977
3 361
3, 138
223

6 180
3 557
3. 329
°28

Furniture and appliance group
do
Furniture, homefurnishings stores _ do
Household appliance, TV, radio
do
Lumber, building, hardware group __ do
Lumber, bldg. materials dealers cf __ _do
Hardware stores
do

879
558
321
932
722
210

888
576
312
937
715
222

888
582
306
972
753
219

876
562
314
946
728
218

13 050
1, 170
218
438
297
217

13 148
1,217
232
464
306
215

13 341
1 207
231
450
304
222

do
do
do
do
do

665
1.414
4 732
4, 280
1, 539

658
1,441
4 680
4. 237
1 , 552

675
426
787
318
547

General merchandise group 9
do
Department stores
do
Mail order houses (dept. store mdse.) . do
Variety stores
do
Liquor stores
do

2, 138
1,241
159
366
446

2,246 ' 2. 248 rr 2, 263
1.323 r 1 303
1,315
162
167
171
380
376
379
422
448
459

Nondurable goods stores 9
do
Apparel group
do
Men's and boys' wear stores
do...
Women's apparel, accessory stores
do
Family and other apparel stores. _ d o _ _ _
Shoe stores
do
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
_ _

Estimated inventories, end of year or month: t
Book value (unadjusted), total
bil. $ _
Durable goods stores 9
do
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group _ _ d o

6 332
3 646
3,422
9
24

1
4
4
1

i rn
933

'r- 2. 141

T
T

137
359
435

1 . 926
1,106
131
323
437

19, 163

19, 761

1 9(}9

r
T

oo r

r

18, 261 '17. ]«> ' 19,958
T
r
r

r

5 695
3 487
3T 309
178

T

r

r
T

r

l l 721

377
•>36
169

i (584
r 639
r
1 270 1 ] 467
r 4 479 i 5 13^5
•r \ . 058 i 4,650
1 . 402 ] 1 , 552
r

1. 756
1 005
139
r
259
r 409

6 453
3 66' >
3. 418
244

T 6 477
r 3 796
r
3, 502

949
003
346
955
708
247

T 941

T 6 60
3 803
3. 576
997

908
604
304
978
763
215

326
933
710
923

891
574
317
927
718
209

13 339
1 196
236
451
304
205

13 134
1 114
208
431
977
198

13 383
1 200
229
462
301
208

13 517
1,224
237
463
301
223

13 568
1 203
236
467
292
208

13 340
1 160
9
25
442
282
211

13 707
1 231
231
483
300
217

13 750 r 13 770
1 219 r 1 ' 220
231
r 930
467
461
299
314
T 215
222

677
1 444
4 801
4 335
1 533

680
1 464
4 799
4*9(59
1 ' 553

674
1 404
4 835
4 368
1 525

673
1, 461
4 856
4 391
1, 546

651
454
915
453
563

648
1 443
4 846
4 390
1 566

690
1 486
4 813
4' 360
1 566

T g63
686
1 465 r 1 4(53
T
4
943
4 928
4 474 r 4 485
T
i
639
1 605

*r 2, 283 *T 2, 294
1,303
1 340
181
167
381
374
471
448

2, 332
] 362
182
368
436

2, 229
1 254
163
371
456

2, 393
1 355
177
392
473

2,340 ' 2, 320 2, 329
1 389 r i 336
1 337
177
167
174
r 373
356
379
r 460
448
461

r
r

2,193
1 294
160
357
433

951

1
4
4
1

294

]

20, 695
i 6 663

949
611
338
998
710

r 600
r 341

T 941
714

r
T

2, 082

387

861
565
296
923
713
°10

T

:1

1.633
W4
131

909
595
314
951
736
215

6 125
3 379
3, 149
923

13 540
i ] ()<)()

1 63
328
198
148

6. 128
3 423
3,218
205

6 029
3 436
3] 220
9
16

!

r 837

6 378
3 658
3. 446
212

6 169
3 520
3,' 297
223

877

493
158

r 986
r 904
r

!

779

502
977
651

175

!2 566

(i 418
'• X 882

165

r
830
r
517
r
313
r
695
r
520
r
r

3

5 448
3 318
3 153

9] 8

997

r

13 850
1 23 1
'MO
464
309

14 032

918

1
4
4
1

686
5?0
91 1
451
610

25. 78
11.03
4.38
1.88
2.25

26.56
11.46
4.81
1.91
2.30

26.56
11.62
4.96
1.87
2.32

27. 37
11.83
4. 99
1.92
2.44

27. 54
11 99
5. 04
1.97
2.50

27. 44
11.98
5.04
1.94
2.49

27 02
11 77
4.87
1.92
2.48

26 91
11 76
4.88
1.91
2.46

26. 66
11 17
4.21
1.92
2.44

27 02
10 96
3.97
1.97
2.42

28 04
11 44
4.33
2.01
2.40

28 57
11 73
4.52
2.05
2.37

26 56
11 46
4.81
1.91
2.30

r 26 51

do
do
do
do

14.75
3. 22
3.31
4.04

15. 10
3.23
3.34
4.20

14.94
3.25
3.31
4.20

15.54
3.41
3.37
4.43

15. 56
3.41
3 35
4.46

15. 46
3.35
3.37
4.42

15.25
3.26
3 34
4.34

15.15
3.19
3 28
4.38

15.48
3.40
3 28
4.53

16.06
3.58
3 38
4. 76

16.60
3.70
3 43
5.09

16.84
3.70
3 46
5.15

15.10
3.23
3 34
4.20

r 14. 94

Book value (seas, adj.), total
do
Durable goods stores9
___do
Automotive group
'do
Furniture and appliance group
do
Lumber, building, hardware group. -do

26. 86
11. 52
4.69
1.92
2.33

27.43
11.73
4 88
1.96
2.38

26.90
11.48
4 66
1.93
2.34

26. 78
11.38
4 54
1.93
2.38

26. 87
11.43
4 54
1.96
2.41

26. 94
11.42
4 54
1.93
2.40

27. 08
11.45
4 55
1.92
2.43

27.18
11.59
4 67
1.94
2.44

27.05
11.51
4 58
1.92
2.45

27.24
11.66
4 72
1.94
2.44

27.40
11.76
4 81
1.94
2.44

27.49
11. 83
4 88
1.94
2.43

27.43 ' 27. 54 27. 54
11.73
11. 72
11.77
4 88
4 QK
1.96
1.95
1.93
2.36
2.38
2.36

15.34
3.41
3.31
4.44

15.70
3.42
3.34
4.58

15.42
3.39
3.34
4.44

15.40
3.35
3.35
4.41

15.44
3.39
3.33
4.44

15.66
15.70 r 15. 82
15.77
3 38
3 4? r 3 37
3 36
3 34
3 36
3 38
3 37
4! 51
4.58
"•4.63
4.64
lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
tRetail inventories have been revised beginning 1946. Revisions for Dec 1957-Sept 1960
appear on p. 24 of the Dec. 1961 SURVEY; those for the earlier period are available upon
request.

Nondurable goods stores 9
Apparel group. _ _
Food group
General merchandise group

Nondurable goods stores 9
Apparel group. -.
Food group
General merchandise group




do
do
do _ do

15. 52
3.40
3 36
4.46

15.62
3 43
3 34
4.52

15.59
3 41
3 30
4.54

15.54
3.39
3 33
4.51

15.58
3 34
3 40
4.50

15.64
3 38
3 38
4.54

11 56
5.03
1.87
2.30

'3.09
3 ?9
'4. 17

97 93
11 96
5.39
1.87
2.34

15.27
3.24
3 34
4. 39

SURVEY OF CURRENT BUSINESS

S-12
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

April

1962

Monthly
average

Feb.

Mar.

Apr.

May

June

July

1963

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

DOMESTIC TR AD E—Coii tinned
i

RETAIL TRADE— Continued
Firms with 4 or more stores:
Estimated sales (unadjusted), totallFirms with 11 or more stores :
Estimated sales (unadj ), total 91

mil. $_.

Apparel group 9
Men's and bo vs' wear stores
Women's apparel, accessory stores- _
Shoe stores _
Drug and proprietary stores
Eating and drinking places - _
Furniture homefurnishings stores

do
do
_do
do
do __
do_ -do

General merchandise group 9
Dept stores, excl. mail order sales
Variety stores
Grocery stores
Lumber yards bldg materials dealerscf
Tire, battery, accessory dealers^
Estimated sales (seas adj ) total 9 K

5, 127

5,472

4,306

5 252

5,236

5,396

5,499

5,041

5, 526

5,413

5 622

6 044

7,767

'4,901

4,378

4,631

3, 673

4,508

4,464

4, 594

4 698

4,269

4 670

4, 559

4 692

5 056

6 526

4 075

3 826

297
30
120
86
127
95
38

311
29
124
94
137
100
40

198
18
79
64
118
88
31

273
25
108
82
130
98
41

361
32
138
118
130
98
37

315
29
128
97
132
103
41

299
30
116
95
134
106
38

250
22
100
79
129
105
36

291
23
115
96
131
106
41

318
25
125
105
129
101
39

314
30
124
93
132
103
46

346
35
143
93
137
99
48

546
58
228
142
213
101
49

232
93
70
129
91
30

202
18
82
64
128
89
32

1,354
823
262
1,843
63
83

1,464
896
284
1,920
6?
90

965
576
196
1,744
44
64

1,253
775
241
2,100
54
80

1,398
858
277
1,805
62
87

1,424
883
268
1,908
69
100

1,402
875
271
2,041
71
101

1,262
770
248
1 818
72
96

1,459

1,436

1 519
939
279

2,664
1,617

1,035

884
271

1,734
1,062

1,120

870
285

307

578

689
191

618
204

1 960

1 893

1 890

2 000

2 103

1,897

1,790

76
91

67
86

73
92

66
92

52
126

45
69

42

4,523

4,653

4,582

4,591

4,523

4,635

4 670

4 691

4 610

4 743

4,741

4,731

4,732

313
29
125
97
135
99
36

311
31
124
95
133
100
41

302
29
119
92
138
100
39

311
30
122
93
134
102
40

291
28
117
86
136
102
37

314
30
125
92
134
99
40

330
32
127
98
135
99
40

313
30
129
93
135
99
41

305
29
121
95
136
100
41

320
29
130
97
142
102
42

309
28
125
93
142
101
43

315
27
130
95
138
98
38

319
31
131
97
146
101
38

1,407
858
272
1,890
63
88

1,511
941
288
1, 903
64
91

1,414
852
283
1,921
65
89

1,451
878
287
1,906
61
89

1,420
870
275
1,899
61
87

1,472
896
287
1,913
64
89

1 487

1 496

1 428

1 523

1,503

1,505

1.510

886
302

916
284

863
288

929
302

962
269

923
280

9?2
284

1 921

1,936

1 940

1, 937

1,965

1, 965

61
93

61
90

65
94

64
98

61
88

1,951

62
86

i 13,053 i 14,307

12,007

5, 903
7, 150
7, 161
5, 892

6, 241
8, 066
7, 449
6, 858

12,678
5,864

12, 868
5, 948
6, 920

6,922

12, 948
6,153
6, 795

6,541
5, 466

12, 135
5, 609
6, 526
6, 562
5, 573

13, 010
6, 088

6,477

5, 860

7, 008
6, 002

6,898

5,777

6, 050

13 9045
6 13
6 832
6 973
6 072

13, 156
6, 148
7,008
6,977
6,179

13,390
6 245
7, 145
7 153
6,237

47
15

48
17

46
15

50
16

46
17

48
17

48
17

47
16

47
17

46
17

49
17

49
17

48
17

' 17

48
16

43
42
16

43
40
17

42
41
17

42
42
16

43
41
16

42
41
17

43
40
17

44
39
17

44
39
17

42
41
17

41
42
17

42
41
17

45
39
16

43
38
19

43
40
17

109

114

82
111

%
117

112
113

110
115

105
111

96
114

104
115

117
117

113
110

141
118

212
117

86

^85

110

117

107
115

116
116

118
115

117
117

112
118

112
'119

117
118

125
118

135
120

135
118

110
117

107
120

p 112
p 119

12. 56
4.28
8.27

13. 06
4.52
8.54

11.57
3.96
7.61

12. 98
4. 52
8. 46

12.60
4. 54
8. 06

13. 52
4.76
8.76

13.12
4.69
8.43

12.71
4.47
8.24

13.71
4.78
8.93

12.86
4. 50
8.36

14.33
4 97
9.36

13.89
4.62
9.27

13.13
4.26
8.87

' r12. 36
4. °5
-8.11

12.26
4.09
8.17

113.49 i 13.81

13.56
6.79
6.77

13. 68
6. 96
6.72

13.61
6.98
6.62

13.59
7.05
6.54

13.71
7.08
6.63

13. 70
7. 06
6.64

13.76
7.01
6.75

13.85
7. 00
6.85

14.13
6.97
7 16

14.15
6.95
7.20

13.81
6.83
6.98

r 13. 88

'6.84
' 7.04

13.87
6.83
7.04

187 63

187 84

188. 06

188. 26

188 45

do

do
do
do
do
do
do
do

Apparel group 9
Mien's and boys' wear stores
"Women's apparel accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishin or s stores

do
do
do
do
do _
do
do

General merchandise group 9
Dept stores, excl mail order sales
Variety s tores
Grocery stores
Lumber yards bldg materials dealersd71

do
do
do
do
do

All retail stores, accounts receivable, end of mo.:*
Total
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales
-_ do
Sales, total United States: t
Unadjusted
1957-59=100
Seasonally adjusted
do
Stocks, total U.S., end of month:!
Unadjusted
do
Seasonally adjusted
do

5, 530

r

r

6,814
6, 901

7,008

4. 596 '

62

61
86

13, 557 '14,299 ' 13, 474 12, 740
5,714
6,203 T 6,241 'T 5. 892
7, 582
7, 026
8, 058
7, 354
7,223 '7,441 'r 6, 842 6, 608
6. 632
6,132
6,858
6,334

49

' 113 r P 114

v 101
P 120

WHOLESALE TRADE f
Sales, estimated (unadj.), total
Durable goods establishments
Nondurable goods establishments

bil. $_
do
do_ __

Inventories, estimated (unadj.), total
Durable goods establishments
Nondurable goods establishments

do
do
do

6. 6 8
6.81

6.83
6.98

EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total incl armed forces overseas §

2

183 74 2186 59

185. 71

185. 94

186. 15

186. 37

186 59

186 85

187 11

187 38

129. 29

129. 47

129. 59

129. 75

129.93

130 . 18

130 36

130. 55

130. 73

130. 91

131. 10

131. 25

131.41

131. 59

73,218
70, 332
65, 789
4, 578
61, 211

73, 582 3 73, 654
70, 697 70, 769
66, 316 366,824
4,782
4,961
61, 533 61, 863

74, 797
71, 922
68, 203
5, 428
62, 775

76, 857
74, 001
69, 539
6, 290
63, 249

76,437
73, 582
69 564
6,064
63, 50 0

76, 554
73, 695
69 762
5,770
63, 993

74, 914
72, 179
68, 668
5, 564
63, 103

74, 923
72, 187
68, 893
5, 475
63, 418

74, 532
71, 782
67, 981
4,883
63, 098

74, 142
71,378
67. 561
4, 066
63, 495

73, 323
70, 607
65, 935
4,206
61, 730

73. 999
71,275
66, 358
4,049
62, 309

74. 382
71. 650
67 148
4,337
62, 812

3,946
1,483

3, 719
1,274

4,463
1,033

4,018

4,918
1,303

5.6

5.2

6.0

55, 933

54. 956

Civilian labor force, seas, adj.*
do
71,713 71, 803 3 71,585
Employed, total
do
67, 629 67 860 3 67,591
A gr icult ural em plo vmen t
do
5,504
5,481
5, 296
62. 148 62 356 62, 295
Nonagr {cultural employment
do
4,084
3,943
Unemployed, total _
______
do
3, 994
5.6
Percent of civilian labor force ._
__
5.7
5.5
p
l
2
3
•"Revised.
Preliminary.
End of year.
As of July 1.
gee note"©".
J Revised beginning Feb. 1961; revisions for Feb.-Apr. 1961 will be shown later.
9 Includes data not shown separately.
cfComprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee corresponding note on p. S-ll.
§Revisions (1950-61) are available.
*New series. Back data for accounts receivableare available from Bureau of the Census.

71. 782
67, 821
5, 269
62, 552
3,961
5.5

mil

185. 51

EMPLOYMENT 0
Noninstitutional population, est. number 14 years
of age and over, total, unadj_
_.
mil-- 127.85

130. 08

Total labor force, incl. armed forces
thous.. 74,175
Civilian labor force, total
do
71, 603
Employed, total
do
66, 796
5, 463
Agricultural employment
do
61,333
Non-agricultural employment--- .. _ _ d o

74,681
71,854
67, 846
5, 190
62, 657
4, 007
1,119

4,543
1,431

4,382
1, 485

5.6

6.5

6.2

55, 400

56, 072

55, 889

Unemployed, total __
_.
Long-term (15 weeks and over)
Percent of civilian labor force
Not in labor force




do
do___
thous

4,806
1, 532
6.7
53, 677

3, 932

3,512

3,294

3,801

3,817

921

934

53
53, 805

906
4.9

865
4.6

866
5.3

979
5.3

53, 072

5. 5
53, 746

55, 631

55, 808

56, 378

56, 954

4,672
1, 153
6. 6
57, 930

57, 414

4 501
1,386
6 3
57, 208

71,673
67 731
5, 190
62 541
3,942

71, 730
67, 833
5,118
62 715
3,897

72. 197
68 104
5,087
63 017
4, 093

72, 254
68. 188
5, 114
63 074
4, 066

71.915
68, 076
5,040
63, 036
3. 839

71,827
67 691
4,983
62 708
4 136

72, 084
68 091
4,843
63 248
3 993

72, 348
68 171
5, 183
62 988
4 177

72. 501
68 086
4,841
63 245
4 415

72, 698
68 636
5 008
63 628
4 062

5.5

5.4

5.7

5.6

5.3

5.8

5.5

5.8

6.1

5.6

6.9

Monthly labor force data (1949-62) appearin" Employment and Earnings," BLS (Mar. 1963).
^Revised series, reflecting (1) adjustment to 1958 Census of Business benchmarks, (2)
shift to 1957-59 base period, and (3) review of seasonal factors. Revisions beginning 1947
appear in the FEDERAL RESERVE BULLETIN", July 1962.
©Beginning Apr. 1962, not strictly
comparable with earlier data; see July 1962 SURVEY.

SURVEY OF CURRENT BUSINESS

April 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962 P

Monthly
average

S-13

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.p

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjusted.!
thous.. 54,077
Manufacturing establishments
Durable goods industries,.
Nondurable goods industries

55, 325

53, 823

54,056

54, 849

55, 209

55, 777

55,493

55, 709

56,252

56, 333

56, 214

56, 444

54, 833

54, 778

55, 035

16, 267
do
9, 042
do
_do_ _. 7, 225

16, 750
9, 443
7, 308

16, 452
9,287
7, 165

16, 525
9, 339
7, 186

16, 636
9, 422
7,214

16, 682
9,475
7,207

16,870
9,547
7, 323

16,782
9, 463
7.319

16, 931
9, 402
7, 529

17,127
9, 571
7, 556

17.028
9, 562
7, 466

16, 891
9,533
7,358

16, 727
9, 473
7,254

16, 551 16, 545
' 9, 407 ' 9, 400
' 7, 144 ' 7, 145

16, 605
9, 432
7,173

666
87
156
309

647
84
144
304

642
86
153
302

640
86
149
302

647
87
146
302

657
88
145
304

661
89
143
308

648
88
130
310

658
84
142
309

651
80
143
307

645
79
144
303

638
79
142
300

628
78
140
301

'617
79
'140
r
295

'613
80
139
295

617

Mining, total 9 _
_ .do...
Metal
do
Coal mining
_
-do
Crude petroleum and natural gas
do
Contract construction
Transportation and public utilities 9
Railroad transportation
Local and interurban passenger transit

do
-do
do
do

2, 760
3, 923
820
270

2,696
3, 925
801
264

2,282
3, 863
799
267

2, 328
3. 880
803
262

2, 589
3, 904
808
267

2,749
3,924
815
266

2,839
3, 965
819
261

2 989
3,948
811
254

3,031
3, 963
810
254

2, 978
3. 959
784
265

2.936
3.959
792
267

2,801
3,934
782
267

2, 532
3, 937
787
269

' 2, 349
' 3, 794
••760
270

Motor freight trans, and storage
\ir transportation
Telephone communication
Electric ga^ and sanitary services

do
do
do
do

875
197
695
611

910
205
690
607

872
201
684
600

879
204
685
600

887
205
687
601

893
207
688
602

919
208
692
613

920
193
698
618

928
199
699
619

942
210
693
612

948
211
688
605

939
209
688
603

925
210
686
602

'885
212
683
r
600

Wholesale and retail trade
do
Wholesale trade
- _ _ _ _ _do
Retail trade
do
Finance insurance, and real estate __ _do
Services and miscellaneous
do
Government
- _
do

11,368
3,008
8,361
2,748
7,516
8,828

11,571
3,071
8,500
2, 793
7,757
9,185

11, 188
3,021
8, 167
2,749
7, 545
9,102

11,223
3, 022
8, 201
2, 754
7, 573
9, 133

11 470
3, 028
8 442
2,770
7 690
9,143

11,476
3, 034
8,442
2,780
7, 769
9, 172

11.582
3, 074
8,508
2, 808
7,881
9,171

11 540
3, 091
8 449
2,839
7 884
8,870

11. 558
3. 107
8,451
2,841
7,867
8,860

11,627
3, 105
8, 522
2,813
7, 856
9,241

11,682
3,113
8, 569
2, 807
7,870
9,406

11 842
3,113
8 729
2,808
7 830
9,470

12, 401 '11,520 '11,419
3,079
3, 086
3,129
8,434
8,340
9, 272
2,810
2,803
2,807
7,782
7,761
7, 805
9,506
9, 607
9,438

1 54, 077 i 55, 325
16, 267 16, 750
9,443
9,042
201
215
600
607
367
381
572
567
1,166
1,142

54, 773
16,572
9,312
207
612
375
563
1,211

54, 901
16,682
9, 385
210
610
379
562
1,217

55, 260
16, 848
9, 490
211
611
382
571
1,223

55, 403
16,891
9,544
213
609
387
579
1,199

55, 535
16,923
9, 555
213
611
386
581
1,163

55,617
16, 908
9, 552
217
607
386
581
1,149

55, 536
16, 795
9, 461
222
609
385
583
1,141

55,583
16,805
9,486
220
603
380
576
1,134

55, 647
16,781
9,470
222
602
378
579
1, 119

55, 597
16. 695
9,413
221
605
380
572
1,115

55, 580 r 55, 536 ' 55, 727 55, 928
16, 681 -16,632 ' 16, 663 16, 764
9. 418 r 9, 399 ' 9, 423 9,479
220
'220
'219
219
' 610
611
603
••608
' 379
380
380
380
568
'562
565
'562
1,147
1.121
1,121 ' 1. 136

Total, seasonally adjusted!
Manufacturing establisbments
Durable goods industries
Ordnance and accessories
Lumber and wood products...
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries

-do
_-do
do
___do
do
do
do
do

' 2. 240
' 3. 863
762
269

2. 306
3,877

888
211
683
600
11, 466
3,078
8,388
2, 821
7,808
9,535

Fabricated metal products
do
Machinerv
- .. -- -- do__
Electrical equipment and supplies. __do

1, 076
1, 401
1,436

1,118
1,459
1,528

1,097
1,421
1, 495

1, 109
1,437
1, 510

1,124
1, 453
1, 528

1,135
1, 460
1,541

1,131
1,470
1,554

1,132
1,474
1,555

1,122
1,480
1, 541

1,129
1,471
1, 528

1,117
1, 482
1, 546

1.110
1.481
1,527

1,111
1,468
1, 535

Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind

.do .
do
do

1,522
346
382

1,645
358
393

1, 595
352
384

1,611
355
385

1,637
356
394

1,663
359
399

1,687
359
400

1, 688
362
401

1, 619
362
397

1,694
358
393

1, 674
359
392

1 652
358
392

1, 669
359
387

Nondurable goods industries
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and related products
do__
Paper and allied products
do
Printing, publishing, and allied ind. .do
Chemicals and allied products
do
Petroleum refining and related ind do
Rubber and misc. plastic products do
Leather and leather products __ __ _do

7,225
1,780
90
880
1,200
590
926
830
203
365
361

7,308
1, 772
89
881
1, 235
602
933
850
196
389
3G1

7, 260
1, 776
89
884
1,206
595
929
841
200
381
359

7,297
1,777
90
886
1,227
599
931
842
199
384
362

7, 358
1 788
88
889
1,258
602
934
847
199
384
369

7,347
1,776
88
890
1,248
604
935
849
199
392
366

7, 368
1,774
87
891
1, 257
606
937
853
199
399
365

7, 350
1 777
89
885
1,249
606
937
858
199
396
360

7, 334
1 763
93
879
1, 246
606
937
855
198
395
362

7, 319
1,770
96
874
1, 243
603
938
853
191
393
358

7,311
1, 769
93
871
1. 242
603
937
855
191
390
360

7,282
1 763
90
868
1 231
601
938
855
189
389
358

7, 263 ' 7, 233 ' 7, 240 7. 285
1 773 ' 1 770 ' 1 768 1 774
90
' 88
90
'87
866
' 860
'859
861
1,229 ' 1.220 ' 1 226 1 249
604
602
602
604
914
'913
'913
917
853
' 856
853
858
187
' 187
187
189
391
389
'391
393
356
'350
' 350
35^

666
Mining
do
2,760
Contract construction
do_.
3,923
Transportation and public utilities
do
Wholesale and retail trade
do . 11,368
2,748
Finance, insurance, and real estate.
do
7,516
Services and miscellaneous
do
8.828
Government
do
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted!
thous_. 12, 044
Seasonally adjusted
do
6,613
Durable goods industries, unadjusted do

647
2 696
3, 925
11 571
2,793
7,757
9,185

653
2,694
3,914
11,447
2,774
7, 675
9,044

654
2, 648
3, 927
11,460
2,776
7,681
9,073

656
2 734
3, 935
11, 546
2,778
7 675
9,088

659
2,716
3, 936
11, 596
2,786
7, 692
9,127

652
2,671
3,934
11,621
2,788
7,749
9,197

648
2 738
3.913
11 652
2,792
7 783
9,183

646
2 731
3, 932
11 627
2, 796
7 805
9,204

641
2, 715
3,928
11,612
2,799
7,809
9,274

638
2 716
3, 935
11,594
2, 813
7, 831
9,339

636
2 696
3,918
11 600
2 822
7 S46
9 384

12, 417

12,187
12 300
6,820
6 846
96
513
310
432
984
470
837
997
1,013
1,119
553
395
225
295
5, 367
5 454
1,088
75
793
1,093
468
593
512
127
105
295
322

12,240
12 387
6,857
6 903
96
509
311
435
991
474
843
1,014
1,014
1,118
551
393
227
299
5,383
5 484
1,086
69
794
1, 106
471
596
518
127
105
295
322

12,
338
I9 541
6 931
7 000
98
527
313
454
991
473
851
1, 025
1,019
1,118
557
382
226
308
5,407
5 541
1 111
66
796
1,096
475
596
527
128
105
294
318

12, 372
12 566
6,975
7 037
98
546
314
467
964
446
861
1,026
1, 025
1,133
573
380
211
315
5,397
5 529
1,121
64
797
1,080
475
595
525
129
104
298
313

12, 516
12 581
7,025
7 035
97
571
317
476
936
420
868
1, 034
1, 039
1, 137
580
378
228
322
5.491
5 546
1, 176
65
803
1,093
483
597
520
130
104
304
321

12,403
12 551
6 925
7 o?4
99
568
313
476
903
399
852
1 020
1,031
1,121
561
384
226
316
5,478
5 5'-)7
1 224
65
786
1,071
476
592
521
130
104
296
316

12, 544
12 43°
6 862
6 925
102
576
323
481
906
398
851
1 015
1, Oil
1, 008
441
388
229
331
5,682
5 507
1 304
90
798
1, 129
484
596
523
128
103
303
327

12,751
19 446

12, 661
12 416
7 027
6 933
101
558
324
474
898
391
871
1 018
1,062
1, 150
581
391
230
342
5, 634
5 483
1 266
99
792
1,118
4g4
606
520
121
96
311
317

12, 518 12, 358
12 324 12 311
6 994
G 929
6 875
6 S80
102
101
547
530
322
319
465
446
900
894
388
392
859
865
1 017
1 018
1, 060
1,053
1 160 1,168
589
596
396
399
230
230
332
305
5,524
5,429
5 449
5 431
1 188 1 147
84
82
788
779
1, 113
1,097
481
480
604
587
519
515
120
119
95
96
309
306
319
318

6,930

94
99
Ordnance and accessories
do
535
544
Lumber and wood products
do
304
316
Furniture and
fixtures
do
455
460
Stone, clay, and glass products
do
914
938
Primary metal industries
_do
428
426
Blastfurnaces, steel and rolling mills-do
820
856
Fabricated metal products.
_do __
964
1, 016
Machinery
_.
do
963
1,035
Electrical equipment and supplies do
1,035
1,122
Transportation equipment 9
do. _
492
559
Motor vehicles and equipment
do
379
389
Aircraft and parts
do
222
228
Instruments and related products _ _ _ d o
306
317
Miscellaneous mfg. industries
do
5,487
5,431
Nondurable goods industries, unadj
do
Seasonally adjusted
do
1,178
1,191
Food and kindred products
do
78
79
Tobacco manufactures
_
do
793
793
Textile mill nroducts
._ do _.
1,098
1,067
Apparel and related products.
__do
477
470
Paper and allied products
do
596
597
Printing, publishing, and allied ind._do
519
506
Chemicals and allied products
do
131
126
Petroleum refining and related Ind __do
107
102
Petroleum refining _. ... . _ -do- ..
280
301
Rubber and misc. plastic products. ..do
319
319
Leather and leather products..
do
•• Revised.
v Preliminary.
1 Total and components are based on unadjusted data.
! Revised series. Beginning with the Nov. 1961 SURVEY, data for employment, hours,
earnings, and labor turnover have been adjusted to the Mar. 1959 benchmark and have
been converted to the 1957 SIC. Effective Jan. 1959 .the data include Alaska and Hawaii.




7,034
6 953
101
567
323
479
911
399
872
1,021
1,059
1,133
566
389
230
338
5,717
5 493
1,330
105
796
1,125
485
603
523
122
97
308
319

r
T
r

1,104
1.466
1, 533

'1,110
1,461
' 1, 533

1, 121
1, 466
1,538

1, 662
360
383

' 1, 669
361
'383

1,683
363
383

625
' 623
' 624
2 654 '2 651 ' 2 645
3,921 ' 3, 836 '3,914
11 573 '11 637 '11 683
2.821 ' 2 828 ' 2 836
7 876 ' 7 895 ' 7 917
9,429 ' 9 434 '9 445

630
2 623
3,924
11 753
2 844
7 919
9 471

'12.187 '12,177 12, 226
' 12 957 '12 284 12 370
' 6 862 r 6 852
6 876
' 6 853 6 874
6 922
100
'99
99
' 518
' 513
511
315
' 313
312
'432
'429
438
r 900
' 915
925
'394
409
848
846
849
' 1 021 ' 1 024 1 031
' 1, 042 ' 1, 032 1, 025
' 1 168' 1 158 1 159
584
'593
' 399
391
930
229
229
r 993
997
r 287
5,325 ' 5, 325
' 5 404 ' 5 410
T i 099 r 1 077
' 76
' 73
' 767
' 767
1,081 '1,110
' 474
' 472
'579
' 515
r H7

95
305
310

'577
' 517
' 116
95
301
'314

5,350
5 448
1 081
69
768
1, 122
473
581
594
117

302
313

The revision affects all series; previously published estimates are not diroctly comparable
with the revised data. Unpublished revisions (prior to Sept. 1960) on new basis are in BLS
Bulletin No. 1312, available in many public libraries.
9 Includes data for industries not shown separately.

April

SURVEY OF CURRENT BUSINESS

S-14
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

1962 v

Monthly
average

Feb.

Mar.

Apr.

May

Tune

July

1963
Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

M;»r.*

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States
thous..
Wash. D.C., metropolitan area
do.. -

2. 251
220

2.311
230

2, 260
223

2, 265
223

739
81. 5

720
2 79. 5

720
78.8

106. 4
105.2
89. 9

107. 6
113.3
89.7

39.8

40.4

2.4
40. 2

2.8
40.9

2.3

2,277

2.284
225

2, 324
235

2.339

224

237

2. 336
236

2. 306
231

2. 304
231

2. 319
233

i 2, 462
1
236

2. 297
233

2. 302
9
34

79. 6

726
80. 0

735
80.3

738
79. 9

730
79.3

730
79.9

704
78.1

712
* 79. 9

702
" 80. 2

704
" 80. 6

681
'• 74. 0

683
" 74. 9

82.4
109. 5
88.4

87.6
110.9
88.7

101.2
112.6
89. 7

111.6
113.2
90.3

114.0
115. 1
92. 0

124.8
113.2
88.8

128. 5
113.6
92.2

127. 0
117.4
92.0

123. 9
115.7
90.2

111.9
115 3
87. 9

96.9
115.0
87.6

r ]J9 I

r \\9 0

85~! 7

85.5

2.8

40.0
40 3
2.5
40 6
40 9
2 5

40.3
40. 5
2.6
40. 8
41. 0
2 7

40.4
40 8
2.7
41.1
41 3
9 7

40.5
40 6
2.8
41.1
41.1
2 8

40.7
40.5
2.9
41.2
41.0
3.0

40. 5
40 5
2.8
40.8
41 0
2 g

40.4
40 2
2.8
40.9
40.9
2 8

40.7
40 5
3.0
41.2
41.0
31

40.3
40 1
2.8
41. 0
40 7
2 9

40.4
40 4
2 9
41 0
41 1
3 0

40.5
40 3
2.9
41 2
41 1
31

Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures
_ _ do_.
Stone clav and rlass products
do
Primary metal industries
-do_.
Blast furnaces, steel and rolling mills .do

40.8
39.5
39.9
40.7
39. 5
38.7

41.3
39.7
40.7
40.9
40.1
3S. 9

41 3
39 3
40. 2
39 8
40.8
40. 6

41.6
38.9
40. 6
40.2
41. 0
40. 6

41
39.
40.
40.
40.
40.4

41.4
40.4
40.4
41. 5
39.9
38. 3

41.3
40.4
41.0
41.5
40. 1
38.0

40 7
40.4
40.3
41. 6
39.4
37.4

40.9
40.9
41.3
41.8
39.4
37.8

41.2
40.8
41.6
41.6
40.0
38.6

41 2
40.0
41. 5
41 5
39. 5
37.7

41 5
39 5
40 Q
41 1
39 7
38.0

Fabricated metal products
Machinery
_
Electrical equipmentand supplies

40. 5
40. 9
40.2

41.1
41.7
40. 6

40 6
41.6
40.3

40. 9
41.9
40. 5

41. 1
42.1
40. 6

41.3
42.1
40.7

41.7
42.1
40.9

40 9
41.7
40.3

41.3
41.6
40.5

41.5
41.6
41.0

41.3
41. 4
40.7

Railroad employees (class I railroads) :
Total
do
Index, seasonally ad justed &
1957-59= 100. .

2

INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers)!- 1957-59=1 00-.
Manufacturing (production workers)!
do
Mining (production workers)!
do

r

83.4

90. 3

113 1

HOURS AND EARNINGS !
Average weekly gross hours per worker on payrolls
of nonagricultural estab., unadjusted:!
All manufacturing estab., unadj.!
hours..
Seasonally adjusted
do
Average overtime
_
- do._
Durable goods industries
do

do
_ do
do

5

40. 1fj
40
9 li

40 7
41 0

40 8
41 0

40.0
40 3

40. 1
40 9

r 2

r
40 7
r 40 7
9
6
-b

T

9 6

42 0
39 2
41 2
40 1
40 4
38.9

r 41 (j

- 39 9
r 40 1
39 8
40 4
39.3

r

41 1
41 3
40. 6

41 2
41 7
40.8

41 0
41.6
40.3

r

40 7
41 6
MO. 2

40 8
41 8
40.2

43
44
42
41
39

4'? 0
4*' 5

41
49
41
r 40
39

41 8

39 °

r 40

9

r 39 9
r 4() 5

do do
do._
do
do--

40. 5
40. 1
41.4
40.7
39. 5

42.0
42.6
41.9
40.9
39.7

41.0
41 0
41.8
40 5
39. 1

41. 5
41.6
41.9
40. 5
40. 1

41.8
42. 4
41.8
41. (
40. 0

42.2
43. 1
41.6
40. 9
39.9

41.9
42.5
41.6
41.2
39.9

41.9
42 7
41.4
40 8
39.3

41.1
40.9
41.5
41.0
39.7

42 9
43. 1
41.8
40.9
40.1

42 6
43 5
42. 2
40 9
39 9

42
44
42
41
39

Kondurable goods industries, unadj
Seasonally adjusted
Average overtime
__
Food and kindred products
Tobacc'o manufactures
Textile mill products
Apparel and related products
Paper and allied products..

do
do
do
do-~
do
do
do
do

39.3

39.7
2.7
41.0
38. 5
40. 6
36.3
42.6

39. 2
39 5
2.5
40.0
37 4
40.5
35 9
42.2

39. 5
39. 9
2.6
40.2
37. 7
40.8
36. 6
42. 5

39. 6
40 '?
2 6
40. 5
38 I
40. 7
36 5
42.3

39.8
40 1
2.8
41.1
38. 4
40.9
36. 5
42. 4

40.1
40 0
2.9
41.2
38.4
41. 1
36. 8
42.9

40.0
39 8
2.8
42.0
37 2
40. 6
36 6
42.8

39.9
39 4

39. 5
39 3

41.2
37.8
40.6
37.0
42.9

40.0
39 7
2.9
41.8
41.6
40.2
36. 5
43.0

40 9
40 1
40 5
35 9
42. 5

39. 6
39 4
2 8
41 2
38 9
40 5
36 3
42.5

39.7
39 6
2 7
41 1
40 1
40 5
36 0
42.9

' 39. 2

2.5
40. 9
39.0
39. 9
35.4
42.5

do
do
do
do
do
do

38.2
41.4
41.2
40.9
40. 3
37.4

38.3
41. 5
41.6
41.2
41.0
37.7

38. 1
41.4
40. 6
40. 7
40.2
38.0

38. 5
41.4
40.7
40. 5
40. 6
38.0

38.4
41. 7
41.3
41.0
41.0
37.

38.4
41.8
41.6
41.2
41.3
37.2

38.3
41.8
42. 0
41.4
42.0
38.3

38.2
41 5
42.3
41.6
40.9
38 5

38.4
41.4
41.7
40.8
40.9
38.1

38.6
41.5
42.7
42.0
41.2
37.2

38. 1
41 4
41. 7
40.9
40 9
36 2

38.2
41 4
41.6
41.3
40.9
36 8

38 6
41 7
41 5
41.4
41 2
37 6

'37. 9
41 3
r
41. 6
41.8
r
40. 7
37 7

do
do do do

40.6
41.4

35. 8

40.7
41.7
37.6
41.9

40.9
41.8
37.6
41.9

41.0
41.7
37.1
42.1

40.9
42.0
35. 0
41.9

41.3
42.0
37.2
41. G

40 9
41.3

41.8

41.0
41.5
« 36. 9
42.0

42.3

41.6
40.7
36.5
42.3

41.5
41.3
36.3
42.2

41 4
40 9
36.9
42. 0

40.9
41.0
36. 0
42.2

40 9
40 9
38 2
42.6

r
41 0
r
40 9
r
r 39. 0

41. 7

41 0
41 9
39 9
41 7

Contract construction
General building contractors
Heavy construction
Special trade contractors

do
do do
do

36. 9
35.8
40.3
36.2

37.0
35. 6
40.6
36. 3

35.1
34.4
38.3
34.4

36.1
35.0
39.3
35.5

36.7
35.7
39.3
36 2

38. 1
36. 7
42.2
37. 2

37. 6
36.1
41.4
36.7

38.4
36.8
42.7
37 4

38.8
37.0
43.5
37.5

38.5
36.7
42.7
37.6

38. 2
36.6
42 4
37 3

36. 3
35. 2
39.6
35. 6

34
33
36
35

8
4
4
1

-35.4
r
34. 4
'38. 1
r
35. 2

34.7
33. 7
36.9
34.5

Transportation and public utilities:
Local and suburban transportation
Motor freighttransportation and storage
Telephone communication..
Electric, gas, and sanitary services _.
W^holesale and retail trade
Wholesale trade
Retail trade§

do
do-do--.
do.do
do
do--

42.9
41.6
39.4
40.9
38.8
40. 5
38. 1

42.5
41.5
40.0
41.0
38.7
40.6
37.9

42.4
41.0
39.4
40.8
38.5
40.3
37.7

42.8
41.0
39.3
40.9
38. 6
40. 5
37.8

42.6
41.2
39. 2
40.8
38 5
40.6
37.6

42.8
41.4
39.4
40.8
38.6
40.6
37. 7

43.0
41.9
39.7
40. 8
38.9
40.7
38.2

42.4
41.9
40.3
41.1
39 2
40.8
38.5

42.8
42.1
40.2
41.0
39.2
40.7
38.6

42.1
42.1
40.6
41.3
38.8
40.7
38.0

42.0
41. 5
40.5
41.1
38 5
40.6
37 6

42.1
41.2
40.9
41.2
38.4
40.6
37.5

42.2
41 5
39.9
41.5
38 9
40 8
38 2

••41.6
'40.7
39.5
41.1
r
38 5
40.4
37 6

41.8
40.8
39.9
41.0
38 4
40.3
37 6

39.6
38.8

39.1
38.9

39.0
38.0

39. 1
38.6

38.9
39.4

39.3
39.9

39.7
39.5

39.6
39.3

39.9
39.1

38.7
39.1

38.8
39.1

38.7
38.7

38.4
38.7

'38.5
r
38.4

38.4

Average weekly gross earnings per worker on payrolls of nonagricultural establishments:!
All manufacturing
establishments!
dollars.. 92.34
100. 10
Durable s.roods industries
do
113.42
Ordnance and accessories
do
77.03
Lumber and wood products
do

96. 56
105. 11
116. 88
78.61

95.20

95. 91
104. 45

96.56

96.80

97.27

96.80

95.75

97.68

103. 53

105. 22

105. 22

105. 47

96.72

116.47
76.24

117.31
75.08

116.88
80.40

105. 88

117.16
79.59

104. 45
115. 18

103. 89

118.43
77.82

105. 37

80.40

81.80

82.01

79 60

79.37
98.57

77.59
94.33

78.76
95.68

78.38
99.60

79.95

78.18
100. 67

80.54
101. 57

119. 50

123. 41

116.62

116.23

81.54
101. 50
118. 80

81.34
100. 85

122. 81

78. 76
98.16
123. 11

104. 81

102. 72

112.59
97.44

111.49

103. 48
112. 71

95. 91

96.39

Printing, publishing and allied ind
Chemicals and allied products
Petroleum refinin^ and related ind
Petroleum refining
_
Rubber and misc plastic products
Leather and leather products
Nonmanufacturing
establishments.'!
Minin (T 9
Metal mining
Coa] mining
Crude petroleum and natural gas

Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plants. do

Furniture and fixtures
Stone, clay, and °lass products..
Primary metal industries
Fabricated metal products
Machinery
_
Electrical equipment and supplies

do
do
do
do
do
. do

76.21

95.24
114.95
100. 85
107. 16

94.47

104. 39

113.67
97.44

113.81 122. 22 117.26 118. 69 119 97
Transportation equipment 9 do _
97.27 100. 21
98.42 100. 04
98.82
Instruments and related products
do
78.21
75.84
77.42
78.80
Miscellaneous mfg. industries
do
79.00
r
a
Revised.
*> Preliminary.
Average for 11 months.
1
Includes Post Office employees hired for the Christmas
season; there were about 155,000
2
such employees in the United States in Dec. 1962.
Based on unadjusted data.




118. 50

100. 43
119. 10

115.34

117.01

117.01

116.92

9
3
3
2
6

97.36

98.42

106. 19

107 53
120. 96
78 01

118.69
79.00
80 16

100.28
117.91

r

1
5
3
2
7

r

*2 0

r 4Q ft
T

39 2

8
2
8
g
4

39.1
39 4
T 2 5
40 1

r QQ 4

9 4
40 5

r 38 5

r '^fi

39 8
3") 5
'42. 3

r

T
r
r

-[

40 0
36 2
42. 2

38.0

r 41 9
r
r
r

40 5
40.6
40 6
37 3

97.44
97.20
'105.82 r 106.23
120.64 'r 120.64
' 76. 83 76. 83

40 9
39 5

39.3
39 ^
9

£j

40 3
36 4
40 1
36 5
42.4

38.2
41 3
40 7
40 5
37 0

97.84
106. 49

120.06
76.44

r

r

78. 60
97.11
120. 80

4
0
9
5
7

38.1

r

81 58
97 84
120. 39

41
39
39
40
40

39. 4

Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
_
In strum en ts and related products
Miscellaneous mfg industries

9 7

9 -

r 4] 5

r

78. 79
78.20
' 97. 36 99.23
121.91 122. 91

105. 78 ' 105.01 105. 26
113 98 T114 40 115 37
97.93
98.49
98. 49
121. 96 121. 09 121 93 119 19 124 49 126 10 128 27 129 73 r ^94 74 124 15 124 15
99.80 100. 94
99.55 100. 04 100. 61 100. 61 101 76 102 18 T r 100 28 r 101 18 101 84
78.60
77.42
78.60
78.60
77.03
78.60
80.19
79. 58 ' 79. 98 80.19
78.01
cfEffective with Mar. 1962 SURVEY, index is shown on new base period.
!See corresponding note, bottom p. S-13.
9 includes data for industries not show]
separately.
§Except eating and drinking places.
105. 73

114.09
97.68

106. 75
114. 09
98.16

104. 30
112 59

96.72

105. 32
112. 32

106. 66
112. 74

97.20

105. 73
112 61

99.22

98.49

105.63

112 75
98 66

106. 30
114 26
99 96

r

SURVEY OF CURRENT BUSINESS

April 1963

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962 P

Monthly
average

S-15

1962

Feb.

Mar.

Apr.

May

June

July

1963

Aug.

Sept.

Oct.

Xov.

Dec.

Jan.

Feb.

Mar.p

EMPLOYMENT AND POPULATION— Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per worker on payrolls of nonagricultural estab.t — Continued
All manufacturing estab.t— Continued
Nondurable goods industries
_ _ --dollars
Food and kindred products
do
Tobacco manufactures
- - - do
Textile mill products
do
Apparel and related products
do

82.92
89.16
69. 03
65. 04
57. 70

86. 15
92. 25
72. 00
68.21
60. 62

84.28
90. 00
68. 82
66. 83
59. 95

85. 32
90. 45
72. 01
68. 54
61. 49

85.54
91.13
74.10
68. 38
60. 96

86.37
92.48
75. 65
69.12
60. 59

87.02
92. 70
76.03
69. 46
61 . 09

86. 80
93.66
73.28
68. 21
60. 76

86. 18
91. 46
68. 04
68.21
62. 16

86.80
92.80
70.72
67. 54
61. 32

85.72
91.21
68. 17
68. 45
59. 95

86. 72
93. 52
72.35
68. 45
60. 62

86.94
94.12
75. 39
68. 45
60.12

99. 45
105. 05
106. 81
124. 42
96. 72
62. 83

102. 67
108. 01
109. 98
126. 88
100. 86
64. 84

100. 01
1 06. 68
108. 47
123. 02
97. 28
64. 98

101. 15
107. 42
108.05
123. 32
98. 25
65. 36

101.10
107. 90
108.84
125. 55
99. 63
63. 81

101.34
107. 90
109.52
126.05
101.19
63. 98

102. 96
107. 62
111. 19
127.68
104. 58
65.88

103.58
107. 34
110.81
129.44
101.84
65. 84

103. 82
108.29
110.12
126.35
101. 02
65.53

104. 49
109. 62
110.81
131.09
101. 76
64.36

103. 28
107. 82
110.95
127. 19
101. 02
62. 63

103.28
108.49
111.37
127.71
101.84
64. 03

do
do
do
do

107. 18
113.44
111.34
105. 75

110.70
117.86
113.99
109. 20

110.30
117. 59
116.94
108. 52

110. 84
118.29
117.69
108. 52

110.70
118.01
116.12
109 °0

109. 61
119.28
108. 15
108 52

111.10
118. 86
115.69
107. 74

110.02
116.88
102.30
110. 83

111.90
116.00
113.15
109. 56

112. 88
118.12
113. 62
110.99

111.78
116. 16
114.39
109. 20

do
do
do
do

117.71
108. 83
118.48
123. 08

121.73
112.50
120. 99
128. 14

113. 37
106. 30
109. 16
119. 37

118 05
109. 55
114. 30
123. 90

120 01
112.10
116. 33
1 26. 34

123 44
114.14
124.07
129.46

121. 45
111.91
122. 13
127. 72

125. 57
115.92
127.67
131. 65

127 26
116.92
130. 50
132. 38

128.21
117.81
129. 38
134. 23

Transportation and public utilities:
98.24
Local and suburban transportation
do
Motor freight transportation and storage-do _ _ . 108. 16
93.38
Telephone communication
__do_
112.48
Electric, gas, and sanitary services
do

100. 30
112.88
98.80
116.85

99. 22
109. 47
96. 14
114. 65

99. 30
110. 70
95. 89
115. 34

100. 11
112.06
95. 65
115. 46

100. 58 101.48
112.61 114.39
97. 66
96.14
1 1 5. 46 115.87

100.49
114.81
99. 54
117.14

101.01
115.35
99. 29
116.85

72.94
93.56
64.01

75. 08
96. 63
66.33

73. 92
94.30
65. 22

74. 50
95. 18
65. 39

74. 31
95 8?
65. 42

74.88
96.22
65.98

75.86
96.87
66.85

76.44
97.10
67.38

69.19
89.83

71.80
93. 53

71. 23
92. 60

71. 62
92.62

71.62
93. 20

71. 42
93.25

71.80
93.21

45.54
49.28

46. 53
50. 57

46.41
48. 64

46.53
49.41

46 99
50. 83

46.77
51.87

2.32
2.25
2.49
2.42

2.39
2.31
2.57
2.48

2.38
2.31
2. 55
2.47

2.38
2.31
2.56
2.48

2.39
2.31
2.56
2.48

2.78
1.95
1.91
2.34
2.91
3.20

2.83
1.98
1.95
2.41
2.98
3.29

2.82
1.94
1.93
2.37
3.01
3.33

2.82
1.93
1.94
2.38
3.01
3.33

2.49
2.62
2.35
2.81
2.87
2.78
2.39
1.92

2,55
2.70
2.40
2.91
2 99
2'. 87
2.45
1.97

2. 53
2.68
2.38
2.86
2.91
2.83
2.44
1.98

2. 11
2.05
2.18
1.77
1.63
1.63
2.34

2, 17
2. 10

r 86. 24
93.15
'73. 15
67. 26
' 59. 64

86.02
92.63
' 69. 67
68. 00
r
60. 82

86. 85
93.50
71.34
68. 1 7
61. 69

104.68
109. 24
112. 17
126. 99
103.00
65. 05

'103. 64
106. 88
111. 10
130. 62
101.34
65. 60

102. 97
'108.30
110.83
125. 55
100. 69
' 64. 90

103. 88
109. 25
111. 10
128. 61
100. 44
65.12

110.43
116.44
111.24
109.30

112.07
116.57
119.57
112.04

112.34
116.16
121.29
110.51

112.75
117.83
123. 09
110.09

126. 82
117.12
127. 20
133. 16

120.88
113.34
117. 61
127.45

117.97
108. 55
109. 20
127. 41

120.01
111.11
113.54
128. 13

117.63
109. 53
108. 49
125. 24

100. 20
115. 78
102. 31
118. 94

100. 38
113. 30
102. 06
118. 78

100. 62
113.30
103. 07
119.48

100. 86 ' 99. 42
114. 54 111.52
101. 35 ' 99. 94
121.18 119. 60

76.44
96.87
67.55

76.05
98.09
66. 88

75. 46
97. 03
66. 55

75. 65
97.44
66. 38

75.47
98.74
66.85

' 76. 23 76. 03
' 97. 36 97. 53
66.93
67.30

72.56
94. 89

71.80
94.35

71.97
93.76

72. 54
94.07

72.72
94.26

73.30
94.60

' 74. 23 74.03
94.84
* 95. 41

47.64
51.35

45. 94
50. 70

45.89
50.83

46.05
50.83

47.72
50. 83

47.99
50. 70

47.62
51.08

' 47. 36 47. 23
' 50. 69 50. 29

2.39
2.31
2.56
2.47

2.39
2.31
2.56
2.47

2.39
2.31
2.56
2.47

2.37
2.29
2.54
2.46

2.40
2.31
2.57
2.48

2.40
2.32
2.57
2.48

2.41
2.33
2.59
2.50

2.43
2.35
2.61
2.52

2.84
1.97
1.94
2.40
3.01
3.32

2.83
1.97
1.94
2.40
2.97
3.27

2.83
1.99
1.95
2.42
2.97
3.28

2.83
1.99
1.94
2.42
2.96
3.28

2.82
2.00
1.95
2.43
2.95
3.26

2.84
2.01
1.96
2.44
2.97
3.28

2.84
1.99
1.96
2.43
2.96
3.27

2.86
2.00
1.96
2.44
2.97
3.28

2.88
1.99
1.98
2.44
2.98
3.28

2. 53
2.69
2.38
2.86
2.91
2.83
2. 43
1.97

2.54
2.70
2.40
2.87
2.94
2.84
2.44
1.97

2.56
2.71
2.40
2.89
2.97
2.84
2.44
1.97

2.56
2.71
2.40
2.89
2.95
2.85
2.45
1.97

2.55
2.70
2.40
2.91
2.98
2.86
2.44
1.96

2.55
2.70
2.40
2.90
2.97
2.87
2.44
1.95

2.57
2.71
2.42
2.95
3.04
2.88
2.46
1.96

2.56
2. 72
2.42
2.96
3.04
2.91
2.46
1 97

2.57
2.73
2.43
2.99
3.10
2.91
2.47
1.97

L87
1.68
1.67
2.41

2. 15
2. 08
2.25
1.84
1.65
1.67
2.37

2.16
2.09
2 25
1.91
1.68
1. 68
2.38

2.16
2.09
2.25
1.95
1.68
1.67
2.39

2.17
2.09
2.25
1.97
1.69
1.66
2.39

2.17
2.10
2.25
1.98
1.69
1.66
2.40

2.17
2.10
2.23
1.97
1.68
1.66
2.42

2.16
2.09
2.22
1.80
1.68
1.68
2.42

2.17
2.10
2 2?
1.70
1.68
1.68
2.43

2.17
2.10
2.23
1.70
1.69
1.67
2.43

2.75
2.58
3.02
3.16
2.40
1.68

2.82
2 65
3.05
3.18
2.46
1.72

2.80
2. 62
3.03
3.16
2.42
1.71

2.79
2.61
3.03
3.15
2.42
1.72

2.81
2.61
3.04
3.17
2.43
1.72

2.81
2.62
3.03
3.17
2.45
1.72

2.81
2.66
3.04
3.18
2.49
1.72

2.81
2.67
3.06
3.21
2.49
1.71

2.82
2.66
3.03
3.17
2.47
1.72

2.84
2.67
3.07
3.22
2.47
1.73

do
do
do
do
do
do
do
do

2.64
2.74
3.11
2.53
3.19
3.04
2.94
3.40

2. 70
2.84
« 3. 11
2.60
3.29
3.16
2.98
3.53

2.71
2 82
3.11
2.59
3.23
3.09
2.85
3.47

2.71
2.83
3.13
2.59
3.27
3.13
2.91
3.49

2. 70
2.83
3.13
2.60
3.27
3.14
2.96
3.49

2.68
2.84
3.09
2.59
3.24
3.11
2.94
3. 48

2.69
2.83
3.11
2.59
3.23
3.10
2.95
3.48

2.69
2.83
2.62
3.27
3.15
2.99
3.52

2.69
2.85
3.10
2.59
3.28
3.16
3.00
3.53

Transportation and public utilities:
Local and suburban transportation _. do
Motor freight transportation and storage. do
Telephone communication
do
Electric, gas and sanitary services
do

2.29
2.60
2.37
2.75

2.36
2.72
2.47
2.85

2.34
2.67
2.44
2.81

2.32
2.70
2.44
2.82

2. 35
2 72
2.44
2.83

2.35
2.72
2.44
2.83

2.36
2.73
2.46
2.84

2.37
2.74
2.47
2.85

1.94
1.92
Wholesale and retail trade _
do _
1.93
1.88
1.93
2.38
Wholesale trade _ _
do
2.34
2.35
2.31
2.36
Retail trade§
do
1.75
1.73
1.73
1.68
1.74
Services and miscellaneous:
1.19
1.19
Hotels, tourist courts, and motels
do
1.15
1.19
1.19
1.30
1.27
1.28
1.28
Laundries, cleaning and dyeing plants._do
1.29
r
Revised.
» Preliminary.
« Average for 11 nlonths.
§Exce 3t eating and dririking
places.
tSce corresponding note, bottom p. S-15
9liicludes c ata for i ndustrie 3 not
shown separately, d* Derived by assuming that ove rtime ho urs are p aid at tl e rate of time
and one-half.

1.94
2.37
1.75

1.95
2.38
1.75

1.95
2.38
1.75

Paper and allied products _ _
do
Prin+in 0 " publishing, and allied ind
do
Chemicals and allied products
do
Petroleum refining and related ind
do
"Rubber and misc. plastic products _ _ _ d o
Leather and leather products
...do
N"onmanufaeturing establishments^
ATining9
Metal mining
Coal mining
_ _
Crude petroleum and natural gas
Con tract construction
General building contractors
TTeavv construction
Special trade contractors

__
- __ __

Wholesale and retail trade
Wholesale trade
Retail trade§

do
do
do

Finance, insurance, and real estate:
Banking
_ _ __
__
do
Insurance carriers
do
Services and miscellaneous:
TTotel^ tourist courts, and motels
do
Laundries, cleaning and dyeing plants, . do
Average hourly gross earnings
per worker on payrolls of nonagrieultura 1 establishments:!
All manufacturing establishments!
dollars..
Excluding overtimed"- _.
. do
Durable goods industries
do
Excluding overtimed"
do
Ordnance and accessories
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products _
Primary metal industries
Blast furnaces steel and rolling mills

do
do
do
do
do
do

Fabricated metal products
do
Machinery
do
Electrical equipment and supplies
do
Transportation equipment?
. __ do
Motor vehicles and equipment
do
Aircraft and parts
do
Instruments and related products
_ do
Miscellaneous mfg. industries
do
Nondurable goods industries
Excluding over timed71
Food and kindred products
Tobacco manufactures
__
Textile mill productsApparel and related products
Paper and allied products

do
_do
. do
do
do
__do__
do

Printing, publishing, and allied ind
do
Chemicals and allied products
do
Petroleum refining and related ind_ _. do
Petroleum refining
_do
Rubber and misc. plastic products
do
Leather and leather products
do
Nonmanufacturin g establishments : t
Mining 9 M"eta,l mining
Coal mining
Crude petroleum and natural gas
Contract construction. _ ___
General building contractors
Heavy construction.Special trade contractors.




1.20
1.30

101. 16
113.83
101.35
119.31

2. 43
'r 2. 36
2. 61
r
2. 53

2.44
2. 36
2.61
2.53

••2.90
1.96
1.96
2.44
2.99
3.30

2.90
1.96
1.96
2.44
'3.01
3.32

2.90
1.96
1.96
2.45
3.02

2.58
2.74
2.45
3.01
3.11
2.93
2.48
2.02

2.58
2.74
2.43
2.97
3.05
'2.92
2.47
2.03

2.58
2. 58
2.76
2.75
'2.45
2. 45
2.97
2.97
3.03
2.93
2.48 ""2." 49"
r
2.03
2. 03

2.19
2.11
2.27
1.86
1.69
1.67
2.43

2.19
2.12
2.29
1.88
1.69
1.67
2.44

2.20
2.14
2.30
1.90
1.69
1.68
'2.45

2.20
2.13
2.31
' 1.93
1.70
1.68
2.44

2. 21
2. 14
2. 32
1.96
1. 70
1.69
2.45

2.83
2.68
3.05
3.20
2.47
1.73

2.84
2.69
3.07
3.21
2.49
1.74

2.83
2.69
3.06
3.20
2.50
1.73

r

'2. 82
2.69
'3. 14
3.29
'2.49
1.74

2.85
2. 69
'3.10
3.24
2.48
' 1.74

2.86
2.69
3. 16

2.72
2.86
3.13
2.63
3.33
3.21
3.03
3.57

2.70
2.84
3.10
2.60
3.32
3.20
3.00
3.57

2.70
2.84
3.09
2.59
3.33
3.22
2.97
3.58

2.74
2.85
3.13
2.63
3.39
3.25
3.00
3.63

2.74
'2.84
3.11
'2. 65
3.39
3.23
r
2. 98
3.64

2.75
2.86
3.14
2.64
3.39
3.25
2.94
3.63

2.36
2.74
2.47
2.85

2.38
2.75
2.52
2.88

2.39
2.73
2.52
2.89

2.39
2.75
2.52
2.90

2.39
2.76
2.54
2.92

2.39
'2.74
'2.53
2.91

2.42
2.79
2.54
2.91

1.95
2.38
1.75

1.96
2.41
1.76

1.96
2.39
1.77

1.97
2.40
1. 77

1.94
2.42
1.75

1.98
'2.41
1.79

1.98
2.42
1.78

2.43
2.36
2.60
2.52
r

2.48
1.76

1.24
1.23
1.23
1.15
1.23
1.24
1.16
1.19
1.30
1,32
1.32
1.30
1.32
1.29
1.30
1.31
NO PE FO R HEL P-WAN'FED A DVER1 ISING INDE^s p. S- 16. Nevv series
from National Industr al Con ft rence B Dard and B. K. Davis & Bro. A ivertising Service.
The in dex is ba sed on t' le numb 3r of help -wanted ads pub ished in one lead ng news >aper in
each o f 33 citie 5 located through wt the country, ^epresem ing the 1 arger me tropolita n areas.
1.19
1.30

SURVEY OF CURRENT BUSINESS

S-16

1962

1961 I 1962

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

April 100?,

Feb,

average

Mar.

Apr.

May

July

June

1963
Aug.

Oct.

Sept.

Nov.

Dec.

Jan.

Feb.

Mar.

2.992
4.426

3.011
4.447
1 13

3.011
4. 452

3.014
4. 454
^ 1 11

EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages (ENR): §
Common labor
$ per hr__
Skilled labor
do
Farm without board or nn 1st of mo
do
Railroad wages (average class I)
do _
Road-building com labor (qtrly )
do
LABOR CONDITIONS
Help- wanted advertising, seas, adj.©
1957=100-Labor turnover in manufacturing estab.: f
Accession rate, total__mo. rate per 100 employees..
Seasonally adjusted*
do
New hires
do
Separation rate total
do
Quit
LavofT
Industrial disputes (strikes and lockouts) :
Beginning in month:

2.827
4.190
i .99
2.675
i 2. 14

2.944
4.346
i 1.01

85.9

100.1

105.9

4.1

4.0

2.2
4.0

2.5
4.1

1.2
2.2

1.4
2.0

3.5
4. 1
2 0
3. 4
3 9
1. 1
1. 7

do
do

12.31

2^1
P296
P 104
121
Workers involved
thous
In effect during month:
Work stoppages
number
Workers involved
thous
1, 360 v 1, 600
Man-days idle during month
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
560
492
Nonfarm placements
thous
Unemployment insurance programs:
2 2, 481 2 1, 924
Insured unemployment all programs
do
State programs:
1,309
1, 516
Initial claims
do
1,783
Insured unemployment, weekly avg do ___ 2,290
Percent of covered employment:^
5. 6
4.4
Unadjusted
Seasonally adjusted
1,525
2,004
Beneficiaries weekly average
thous
285.2
223.0
Benefits paid
mil. $
Federal employees, insured unemployment
33
29
thous
Veterans' program (UCX):
Initial claims
do _.
Insured unemployment, weekly avg-_ do ...
Beneficiaries, weekly average
do
Benefits paid
"
... . ..mil. $
Railroad program:
Applications
thous
Insured unemployment, weekly avg do__ _
Benefits paid
mil. $

2.901
4. 283
1 07
2. 688
2 25

2.933
4.316

2.941
4 321

2 665

2 719

106.3

106.1

106.0

98.5

3.7
4. 3
2.2
3.6
38
1. 2
1.6

4.0
4 4
2.4
36
37
13
1.6

4.3
4 3
2.8
38
4 1
15
1.6

5.0
39
3.4
38
4 3
1 5
1.6

225
67

260
98

320
125

440
195

330
100
808

350
136
1, 180

460
155
1,240

625
240
2, 650

2.889
4.273

2.897
4.283

2.729

2.678

425
2

2, 579

511
2

2, 374

577
2

1, 968

1, 686

2

2.987
4.417
.95

2.992
4.423

2.981
4.395

2.981
4 408

2.729

2 786

97.9

97.0

92.8

96.8

p 95. 9

P95. 2

4.5
4 1
2 9
4 4
4 6
11
2 2

5.1
4 0
32
52
4 8
21

4.9
38
31
50
4 1
2 4
19

3.9
4.0
2.5
4.3
38
1. 5

3.0
36
18
4 0
39
1i
2 3

2.4
3.5
1.2
3.8
39
.8
2.5

410
155

350
90

335
120

350
95

?75
110

915

80

650
300
2, 880

575
189
2 040

570
186
1, 950

580
170
1 590

500
168
1,440

430
125
1,000

580

642

605

656
2

2. 957
4. 356
1 06
2. 746
*> 33

1,577

2

1,666 21,598

2

2 29

2 39

652

643

1,473

-' 1, 524

533
2

1,772

2

p 97. 5

P 100. 5

^3.6

39
1.9
39
39
11
'2.2

P3.2
p3 8
p 1.8
p3 2
P3 7
p 1.0
p 1.6

105
50

*>30
75

200
60

265
150
1,400

360
185
2,340

320
120
1,100

r

r
r

434

459

423

2, 223

2,778

2,726

1, 286
2, 415

1,171
2,218

1,147
1,831

1 133
1,570

1,083
1,469

1 395
1,543

1 197
1,469

956
1,331

1, 207
1,385

1 353
1,625

1 747
2, 063

2 102
2, 591

1 308
2.546

6.0
4. 5
2,127
287.2

5.5
4.4
2,073
310.2

4.5
3.9
1,688
239. 6

3.9
3S
1,389
215.0

3.6
4.0
1,311
188.9

38
4 3
1,264
187.0

3.6
4 4
1, 257
197.4

3.4
4.6
1.132
176.6

40
48
1 296
193.6

5.1
4 8
1.502
214.2

6.3
4 8
2.174
342.4

6.2
4 7
2, 256
313.3

36

34

29

26

24

26

26

3.3
4 4
1.174
160.6
95

27

29

31

37

38

28
67
65
9.0

28
50
47
6.6

21
49
49
6.1

26
49
47
6.5

25
45
45
6.0

22
40
39
5.7

25
40
39
5.4

30
46
40
5.7

39
52
46
6.9

27
52
50
6.5

31
52
47
7.0

29
57
51
7.3

31
65
56
7.7

39
77
73
11. I

27
77
77
10.0

23
91
16.8

17
62
11.1

7
80
13.7

5
74
14.8

4
64
11.8

4
52
9.1

7
44
7.8

65
52
7.3

22
50
10.1

32
65
10 1

16
60
11. 1

16
61
10 4

12
62
10 4

19
73
13.7

64

2,342
5, 864
1.878
3,986

2,306
6, 169
2,002
4,167

2,277
6, 575
2,119
4,456

2,281
6 573
2,228
4. 345

2, 367
6, 979
2,417
4, 562

2,476
7 082
2, 501
4,581

2, 650
5 988
2,088
3,900

2, 593
6,767
2. 091
4,676

2 565
6, 964
2,193
4,771

FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances
-- mil. $
Commercinl and finance co paper totalj do
Placed through dealers!--- _
__
__do Placed directlv (finance paper) t
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of mo
. mil. $ _
Farm mortgage loans:
Federal land banks
do
Loans to cooperatives .
.
do
Other loans and discounts
- do__
Bank debits:
Unadjusted:
Total (344 centers)
bil $
New York City
do
6 other leading centersl
do
Seasonally adjusted:*
Tot^l (344 centers)
do
New York City
do
6 other leading centers^
do
337 other centers
do
Federal Reserve banks, condition, end of mo.:
Assets total?
mil. $
Reserve bank credit outstanding, total 9 -do
Discounts and advances
__ _ do
U.S. Government securities
do
Gold certificate reserves
do
Liabilities total 9
Deposits total 9
Member-bank reserve balances
Federal Reserve notes in circulation

do
do
do
do

» 2, 683 33 2, 650
3 4, 686 3 5, 988
2, 088
2, 975 3 3, 900

2,559
5,520
1,762
3,758

3

5, 753

5,411

5,502

5,594

5,678

5,770

5,841

5,833

5,814

5,762

5,719

5, 753

5,835

5,926

3 2, 828 3 3,3 052
3 697
735
3 1,752 3 1, 966

2,868
730
1,812

2,899
728
1,875

2,922
719
1,953

2,948
694
2,037

2, 968
692
2,109

2,986
704
2,150

3,003
680
2,150

3,021
690
2,103

3,031
738
1,993

3,037
746
1,936

3, 052
735
1,966

3, 069
777
1,989

3,089
775
2, 062

239.4
94.3
49.0

293.2
124.7
59.7

281.5
117.2
58.0

295.4
122.1
59.8

291.8
121.9
59.4

279.7
111.4
57.5

281.0
110.8
57. 5

263 3
109.7
53.4

307 4
127. 5
62 8

288.2
116.5
59.4

320 9
141.6
63.7

325.9
137.2
66.3

274 5
116.6
55 2

263.0
103. 3
54.4
105.4

283.5
118.1
57.5
107.9

288.5
118.1
59. 1
111.3

287.0
119. 1
57.6
110.3

282.4
115. 7
57.9
108.8

285. 7
114.4
59.0
112.2

283 9
115. 8
57 4
110.7

286 6
120.9
58 1
107 6

297 9
124. 5
61 0
112 4

296 4
122.2
61 1
113. 1

306 4
134. 2
60 9
111.3

307.1
128.1
62.8
116.3

301 5
127. 7
61 2
112 7

3
1,711
3

5, 277

259. 3
106.6
51.9

3

286.4
118.0
58.5

2,498
5,713
1, 876
3,837

2,392
5, 640
1,883
3,757

r
r

354,329 356,020

52, 547

51, 932

52,739

52, 654

53, 396

52, 908

52 879

53, 596

53 912

53, 940

56, 020

53, 872

54,614

53 935

331,362 333,902
338
3130
3 28, 881 330,820
3
16, 615 315,696

29, 928
139
28, 360
16,530

30, 224 30,641
115
120
29,061 29,182
16, 336 16,222

30, 705
131
29, 622
16, 158

31,261
76
29, 663
16, 158

31,040
73
29, 786
15,871

31,618
101
30. 358
15,817

31, 690
48
29, 825
15, 796

31,625
219
30, 201
15, 692

32, 448
71
30, 454
15,706

33, 902
38
30. 820
15.696

31,959
87
30, 289
15, 660

32. 60S
209
30, 586
15, 595

32, 585
201
30, 963
15, 606

3

54, 329 356,020

52, 547

51, 932

52, 739

52, 654

53, 396

52, 908

52 879

53 596

53 919

53 940

56 020

53 872

54 614

53 935

318,451 318,722
317,387 317,454
329,305 330,643

17,850
16, 808
28, 483

17, 952
16,972
28, 474

18,207
17,035
28, 537

17, 739
16,614
28, 744

18,445
17,206
29, 021

17, 878
16. 885
29, 197

18 067
17 110
29, 351

18 268
17 321
29, 378

17 825
16 821
29, 488

17,741
16, 648
30, 092

18 722
17, 454
30, 643

17 989
16 644
29, 846

18 205
16 850
29, 868

18 046
16 748
29, 934

Ratio of gold certificate reserves to deposit and
35.7
35.2
34.7
FR note liabilities combined
..percent-- 334.8 331.8
f2 Revised.
v Preliminary.
i Quarterly average.
« As of Apr. 1, 1963.
Excludes persons under Temporary Extended Compensation program (ended 6/30/62)
and under extended duration provisions (thous.): 1962—Feb., 333 and 2, respectively; Mar.,
322; 6; Apr., 230; 18; May, 121; 33; June, 53, 37; July, 2; 32; Aug. (ext. dur. prov.), 30; Sept., 24;
Oct., 15; Nov., 8; Dec., 3; 1963—Jan., 1; Feb., 2.
3 End of year.
© See note, bottom p. S-15.
f See corresponding note, bottom p. S-13.
§Wages as of Apr. 1,1963: Common labor, $3.016; skilled labor, $4.454.




2, 345
5,917
1,869
4,048

34.0
34.8
33.7
33.4
32.8
33.2
33.2
31.8
32.4
32.7
32.5
*New series. Data prior to 1961 for labor turnover appear in BLS Bulletin No. 1312;
data prior to 1961 for bank debits will be shown later.
(^Insured unemployment as % of average covered employment in a 12-month period.
JMonthiy revisions prior to May 1961 (Aug. 1959-July 1960 for placed through dealers)
are available upon request.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.

April

SUEVEY OF CUEEENT BUSINESS

1963

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

| 1962

End of year

S-17

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

FIN ANC E—Con tin ued
BANKING— Continued
All member banks of Federal Reserve System,
averages of daily figures :
Excess reserves
mil. $__
Borrowings from Federal Reserve banks. -_do
Free reserves do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of yr. or mo.:t
Deposits:
Demand, adjusted^1
mil. $._
Demand total 9
do
Individuals, partnerships, and corp
do
States and political subdivisions
do
U S Government
do _
Domestic commercial banks
do
Time total 9
do
Individuals, partnerships, and corp.:
Savings
-- do
Other time
__do
Loans (adjusted) totalcT
do
Commercial and industrial
do
For purchasing or carrying securities
do
To nopbank financial institutions
do
Real estate loans
do
Other loans
-do
Investments total
do
U S Government obligations, total
do._
Notes and bonds
do
Other securities
-do

1568
i 149
i 419

502
68
434

473
91
382

510
69
441

503
63
440

491
100
391

529
89
440

566
127
439

455
80
375

484
65
419

41, 603

50, 386

63, 104
91,871
66, 501
5, 234
3, 316
11,167
43, 906

62,229
89, 015
63, 936
4,848
4,277
10, 844
45, 055

63,071
93, 061
65, 458
5, 771
4,744
11,297
45, 670

61,621
89, 297
63, 705
5,404
5, 028
10, 357
46, 484

61,472
91,391
64, 022
4,829
6,594
10, 672
47, 077

62, 451
91, 527
65, 116
5, 129
4,369
11, 301
47, 242

60, 638
87, 901
62, 583
4,622
4,917
10, 920
47, 729

60,744
92,845
64,085
4,631
7,022
12,121
48,225

30, 225
5,945
74, 285
32, 797
4,705
6,159
13,403
21,194
46. 069
33. 960
26, 609
12, 109

34, 920 '31,082
9,221
7,058
82,947 72, 886
35,351 32, 204
4,478
5,928
5, 575
7, 365
15, 519 13,497
22,812 20, 573
48, 147 46, 042
32, 369 33, 510
24, 514 25, 645
15, 778 12,532

31, 634
7,614
74, 030
33, 014
4,519
5, 624
13, 620
20, 783
45, 508
32,214
25, 226
13, 294

31, 776
7,860
75, 930
32, 937
5, 449
5, 760
13, 874
21,422
45, 979
32, 069
25, 825
13, 910

32, 116
8,322
74, 647
32, 854
4,109
5, 636
14, 068
21,390
46,013
32, 256
26 173
13,757

32, 539
8,511
75, 902
33.354
3,958
6,039
14,268
21,543
46, 904
32,418
26, 206
14, 486

33, 114
8,251
75, 732
33, 146
3,674
C. 259
14,525
21,754
46, 582
31, 638
25, 980
14, 944

33, 404
8,428
75 975
33, 442
3, 604
6, 104
14. 696
21, 894
46 093
31, 075
25 274
15 018

33,921
8,566
77,726
34,081
4, 145
6,279
14,940
21,823
47 171
31,995
25 583
15, 176

215.2
123.8
66.1
25.3

215. 0
124. 5
64.6
25.9

216
124
65
26

220.3
126. 6
66. 6
27. 1

217.8
126 1
64.1
27.6

220
1°7
65
28

222
129
64
28

65, 644 65, 843
97, 958 102, 109
70,118 71, 531
5,002
5,125
4,033
4,749
13,415 14, 321

Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, ad justed :*
Total loans and in vestments O
bil. $
IvOansO
do
U S Government securities
_
do
Other securities
do

209.6
121. 1
64.7
23.8

Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
7 other northern and eastern cities
11 southern and western cities

24.97
2 4. 76
22 4. 98
5. 28

percent
do
do
do

Discount rate, end of year or month (N.Y.F.R.
Bank)
.percent
Federal intermediate credit bank loans
do__Federal land bank loans
_
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days).. .do
Commercial paper (prime. 4-6 months) _ _ do
Finance Co. paper placed directly, 3-6 mo..do
Stock Exchange call loans, going rate
do

i ' 572
1304
i r 268

227. 6
134.8
63. 8
29.0

213.3
122. 6
66. 1
24.6

2 5. 00
24. 78
5 01
5. 32

4.98
4.78
4.97
5.28

2
2

3.00
3 4.00
5. 62

4
8
5
1

3
3
0
0

5 01
4.79
5 00
5.33

4
4
5
5

0
7
3
0

••592
119
r
473

63, 007 65, 843
91, 839 102 109
65, 916 71, 531
5, 125
4,938
3,634
4,749
12. 030 14, 321
49, 023 50, 386

64, 495
90 720
66, 791
5, 054
2 760
11, 010
51 302

52 150

53 418

34, 246
8, 688
78, 765
34, 290
4, 764
6, 144
15,203
21, 981
46 768
31, 432
25 317
15, 336

34, 459
8,590
78, 861
34, 680
4,154
6, 085
15,399
21,793
46,611
31.124
24, 994
15, 487

34, 920
9,221
82 947
35, 351
5,928
7,365
15,519
22, 812
48 147
32, 369
24, 514
15, 778

35 143
9,542
79 457
34, 295
4, 550
6,434
15, 626
22, 361
47 934
31, 986
24 423
15, 948

35 426

35 956
10 447
81 130
35 248
4, 695
6 627
15, 944
22 467

224.4
131 7
64 1
28 6

225 8
132 3
£4. 4
29 1

227
134
63
29

228
134
64
99

232
137
65
30

5
4
5
5

99
77
00
32

6
8
8
0

8
9
3
5

47 672

31,446
24 092
16, 226

2
0
1
1

47
30
94
16

685
857
383
828

934
138
66
30

q
0
4
5

3.00
3. 99
5. 56

3.00
4.02
5. 56

3.00
4.01
5. 56

3. 00
4.02
5. 56

3. 00
4. 05
5. 56

3 00
4,07
5 56

3.00
4. 10
5. 56

3.00
4.14
5.56

3.00
4.15
5. 56

3.00
4.14
5. 52

3 00
4.13
5. 50

3 00
4. 12
5 50

3 00

32.81
a 2. 97
3 2. 68
3 4. 50

33.01
3 3. 26
3 3. 07
3
4. 50

3. 00
3.22
3. ()(i
4. 50

3.00
3. 25
3. 02
4.50

3.00
3. 20
3. 09
4 . 50

2.91
3. 16
2.95
4. 50

2. 90
3. 25
3.02
4. 50

3. 07
3. 30
3.20
4.50

3.11
3.30
3.12
4 50

3 09
3.34
3.13
4 50

3.03
3.27
3.04
4 50

3. 00
3.23
3.08
4 50

3.00
3.29
3.16
4 50

3.07
3.34
3. 18
4 50

3.13
3.25
3.13
4 50

3. 13
3. 34
3. 15
4 r)0

2. 778
3 3. 57

2. 752
3.77

2.719
3.55

'2. 735
3.48

2. 694
3.53

2.719
3.51

2. 945
3.71

2. 837
3 57

2. 792
3. 56

2. 751
3.46

2. 803
3.46

2. 856
3.44

2.914
3 47

2.916
3 48

2. 897

23,917
539

22, 420
629

22. 701
620

22 570
600

22, 659
591

22.931
581

22. 972
573

23.087
565

23, 376
558

23. 440

23. 601
545

23, 917
539

23, 993
531

24, 436
522

3

56, 275

57,314

58, 318

59, 108

59. 364

60, 003

60,126

60, 626

61,473

63, 458 -62, 740

43, 837

44, 495

45. 208

45, 650

46 204

46, 310

46, 722

47 274

48, 243

Automobile paper
Other consumer eoods paper
_
Repair and modernization loans
Personal loans
___

do
do
do
do

17,223
11,857
3, 191
11,256

19,384
12, 855
3, 290
12, 714

17. 191
11,496
3, 123
11,264

17, 348
11,407
3, 113
11,343

17,671
11,498
3,128
11,540

18 032
11,598
3, 169
11 696

18,410
11.726
3.200
11.872

18 680
11,754
3, 226
11,990

18 933
11 824
3, 260
12 187

18 881
11 861
3, 277
12 291

19 083 19 307
1 1 , 986 12 186
3, 289
3. 302
12 364 12 479

19 384
12 855
3. 290
J2 714

By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
Credit unions
Consumer finance companies
Other
_

do
do
do
do
do
do

37, 935
17,008
11,273
4,330
3, 799
1,525

41,807
18, 909
12, 194
4, 973
4, 131
1,600

37,904
16, 9C7
11,361
4,288
3,783
1,505

37, 995
17, 002
11,28?.
4, 333
3, 795
1, 522

38, 497
17, 366
11,359
4 426
3, 826
1,520

39, 032
17, 686
11,440
4 520
3 836
1 550

39, 639
18. 024
11,570
4,616
3, 876
1, 553

40,062
1«, 235
11. 682
4 681
3, 907
1, 557

40, 537
18 427
11,796
4 783
3 948
1 583

40,597
18 443
11,787
4 814
3 969
1 584

40. 896
18 613
11,860
4 874
3 974
1 575

41, 285
18 765
11,986
4 q28
4 009
1 597

do
do
do
do
do

5, 595
2,421
1,058
342
1,774

6 , 436
3,013
1,073
284
2,066

5,170
2,153
1.018
336
1,663

5,216
2,227
998
330
1,661

5 340
2,339
991
390
1 690

5 463
2, 430
991
310
1 732

5 569
2, 522
988
302
1,757

5 588
2.545
989
298
1 756

5 667
2,609
999
296
1 763

5 713
2,675
998
299
1 741

5 826
2, 737
1,002
298
1 789

5 989
2, 835
1,019
292
1 843

-do

14,151

15, 21 5

13,019

13, 064

13,477

13, 823

13, 900

13,714

13. 799

13,816

13,904

14, 199

do
do
do

5,136
4, 413
723

5, 579
4 704
875

4,988
4 294
694

5, 146
4 391
755

5, 241
4 544
697

5, 400
4 614
786

5, 428
4 671
'757

5,402
4 662
'740

5, 469
4 657
812

5,481
4 666
815

5,442
4 66°
780

5, 526
4 680
846

5,579
4 704
875

do
_,do
do
do

5 324
948
3 907
469

5 642
927
4 203
512

4 192
635
3 085
472

4 074
594
3 025
455

4 319
620
3 249
450

4 544
' 636
3 444
464

4 596
612
3 5Q5
479

4 457
569
3 388
500

4 491
570
3 394
527

4 495
614
3 353
528

4 663
638
3 507
518

4 825
' 688
3 6°9
' 508

5 649
' 927
4 203
' 512

3,691
Service credit
__
_
_.do
3, 994
3,839
3,844
3,917
Revised.
2
3
Average for Dec,
Quarterly average.
Monthly average.
t Revised to reflect new coverage and revised classification of deposits (for details, see the
June and July 1961 issues of Federal Peserve Bulletin).
cf For demand deposits, the term "adjusted" denotes demand deposits other than domestic commercial interbank and U.S. Government, less cash items in process of collection;
for
loans,
exclusive of loans to domestic commercial banks and after deduction of valuation

reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).



22,614

3. 00
3. 99
5. 56

43,211

r
1

5,332
6, 51 1
15, 768

3. 00
3 4. 05
5. 56

56. 093

_

9,928
80 672
34, 564

> SO

43, 074

_
__

5,329
4 254

11,078

r

63, 458

Charge accounts, total
Department stores
Other retail outlets
Credit cards . _ _

61,811
90 700
65, 005
4 772
3 684
12 072

5 00
4 80
4 98

48, 243

Single-payment loans, total
Commercial banks
Other financial institutions

62, 654
91 562
65, 834

02
78
05
33

43. 527

Noninstallment credit, total

155
268

63, 025
94, 512
66, 996
5,017
4,283
12, 030
48. 658

do

Retail outlets, total
Department stores
Furniture stores.Automobile dealers
Other

423

172

300

3

Savings deposits, balance to credit of depositors:
N.Y. State savings banks,endofyr.ormo^mil. $-. 22, 357
651
U.S. postal savings t
-do
CONSUMER CREDIT}:
(Short- and Intermediate- term)
Total outstanding, end of year or month
mil. $_ . 57,678

__

472

r

483
99
384

3

Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent_. 3 2. 378
3 3. (JO
3-5 year issues
- -- --do

Installment credit, total

r

'572
304
r
268

3.879

r

48 025

19 4 9 6
!2 719
3,250
19 735

19 ri03

41,807 '42, 317
18 909 18 981
12, 194 '•12,681
4 973
4 939
4' 131
4 134
1 600
1 58°

42, 280
19 057
12, 550
4 952
4 138
1 5^3

r 5 813
r 2, 478
1,049
272
2 014

5 74^
2, 506
1,027

15,215 '14, 610

14, 194

6 436
3,013
1,073
284
2 066

r

515

12 511
3, 221
12 790

259
1 953

5,511
4 680
831

5, 545
4 ^04

5 058
T 775
3 759

A 4Qfi

5'-)4

!,Q

62, 219

48 130

r

3

841
646

o 004

526

3,855 3.839
3,876
3,799
3,840
3,994
3. 848
4.041
4.153
9 Includes data not shown separately.
* New series; description and data prior to
Sept. 1961 appear in the July 1962 Federal Peserve Bulletin.
O Adjusted to exclude interbank loans.
§ For bond yields,, see p.. S-20..
^Data are as of end of consecutive 4-week periods ending in month indicated, except
June figure which is as of June 30 (end of fiscal year) .
t Revised back to 1955 to incorporate
new benchmark data; available revisions for periods not shown here appear in the Dec. 1962
Federal Peserve Bulletin.

SURVEY OF CURRENT BUSINESS

S-18
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1962

Monthly
average

April 1003

Feb.

Mar.

Apr.

May

Tune

1963

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan,

Feb.

4, 36S
1.570

Mar.

FINANCE—Continued
CONSUMER CREDITt— Continued
Installment credit extended and repaid:
Unadjusted:
Extended total
Automobile paper
All other
Repaid total
Automobile paper
All other
Adjusted:
Extended total

do
do
do
._

do

hii

DtVi

do

4. 616
1, 626
1, 344
1, 646
4, 223
1 . 446
1, 261
1. 516

do

All other

A t '

4.033
1. 334
1,215
1,484
3, 975
1,373
1, 1S7
1.415

mil. $ _.do

"do
P

nnd<; nnne

All other

do

do

3.611
1,318
973
1,320
3, 802
1,282
1.197
.1.323

4,392
1,616
1, 196
1 . 580
4, 255
1,459
1, 285
1.511

4, 737
1.732
1,319
1. 686
4, 111
1.409
1.228
1.474

4, 950
1,837
1.383
1.730
4 292
1.476
1.283
1, 533

4,923
1,810
1,384
1,729
4,210
1. 432
1. 256
1.522

4,720
1.751
1,290
1,679
4, 278
1,481
1.262
1,535

4,862
1,731
1, 345
1,786
4, 308
1,478
1. 275
1, 555

4,098
1,309
1.255
1,534
3, 992
1,361
1,218
1,413

4.913
1,816
1,432
1,665
4, 501
1.614
1,307
1,580

4,932
1,701
1,499
1, 732
4,380
1,477
1,299
1.604

5, 379
1.539
1, 937
1,903
4,410
1,462
1,268
1,630

r

4, 356
1,546
1, 276
1, 534
4,084
1.390
1. 236
1, 458

4. 499
1 582
1,328
1. 589
4. 121
1.415
1,231
1. 475

4. 659
1 , 675
1.345
1.639
4, 166
1.435
1.247
1.484

4. 650
1 655
1.338
1, 657
4,211
1,447
1,260
1,504

4,623
1,621
1,344
1.658
4,202
1.433
1.260
1.509

4, 669
1,631
1,368
1,670
4,283
1,456
1,296
1,531

4,619
1 602
1,325
1,692
4. 261
1,446
1,281
1, 534

4.491
1, 505
1,308
1, 678
4,289
1,440
1,298
1, 551

4,682
1,685
1.335
1,662
4,298
1,491
1,261
1, 546

4,961
1.797
1,425
1,739
4,380
1,490
1, 302
1,588

4,829
1.684
1,469
1,676
4.371
1.513
1.293
1,565

10.685
7. 060
8, 263
9.074
2. 422 -2,014

10,850
9,160
1,690

4, 567
13.077
9,314
9, 624
3,453 -4,747

10.328
10. 577
-249

11.140
4,150
8, 639 10, 149
2,501 -5, 998

9,289
10, 021
-732

1.568

4. 033
1,477
1.054
1. 502

4.481
1.528
1 366
1.587

4. 1 38
1,400
1. 262
1.476

r

4, 878
1.743

r

1. 421

r 1, 230

1,714

4 885
1 . 734
1 . 406
1,745

4. 376
1.504
1 294
1,578

4. 449
1, 517
1,307
1, 625

6, 285
9. 548
8,830
9.436
112 -2, 544

10, 352
8. 776
1 . 576

FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public :cf *
Receipts from
Payments to
Excess of receipts, or payments (—)...
Seasonally adjusted quarterly totals:
Payments
Excess of receipts, or payments (— )
Budget receipts and expenditures:
Receipts total
Receipts net^I
Customs
Individual income taxes...
Corporation income taxes
Employment taxes
Other internal revenue and receipts
Expenditures, totall...
_
Interest on public debt
Veterans' services and benefits
National defense
All other expenditures
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total

8, 161
8,728
-567

mil $
do
do

8, 852
9, 329
-477

9, 567
8, 967
600

24 600
27,800
-3,200

__do
do
8,983
7, 059
103
4,340
1,821
1, 108
1,612
7. 659
796
442
4, 425
2, 052

9,773
6,729
85
5,910
400
2,080
1,298
6, 858
755
449
4, 094
1,575

12.354
9. 104
104
3. 72S
5. s79
1.1 SS
1.456
7, 749
73 3
i 449
'1 4, 597
1 , 972

29fi. 17 2303.47

296. 98

296. 09

21
-' 292. 69 2299.
2 249. 17 2 255.78
2
10. 89 22 11.99
43. 43
2 43. 52
2 3 . 4 8 2 4. 26

293. 55
250. 80
11.27
42 75
3.43

292. 48
249. 68
11.50
42.81
3. 60

8.333
6, 513
88
3.933
1.7f>f>
1,039
1,508
7, 039
739
445
4,013
1 , 895

- do
do
do
do
do
do
do
.do
do__
do
do
do
Ml. $__

Interest bearing, total
do
Public issues
do
Reid by U S Govt investment accts do
Special issues
do
Nonin terest bearing
do
Guaranteed obligations not owned by U.S. Treasury, end of month
-.Ml $
U.S. savings bonds:
Amount outstanding, end of month
do
Sales, series E and H
do
Redemptions
do

2

2

.33

2 47. 79
.38
.47

2

27, 700
28, 000
—300

26, 800
' 26, 900
—100

27, 300
29. 300
—2.000

10.658
7, 024
104
6. 243
469
2. 266
1 , 576
7. 229
775
433
4. 785
1,241

13, 346
11,615
100
5. 010
5, 377
1.054
1.806
8, 102
821
398
5. 034
2. 061

4, 540
3, 566
103
1,497
525
450
1,965
7, 252
828
442
3, 954
2,107

9. 445
7,089
107
5, 467
431
1,786
1 , 654
8, 541
794
492
4,448
2, 852

11.414
10. 053
102
5, 072
3. 533
962
1,745
7.327
807
401
4. 038
2,081

4,068
3,030
120
1.391
460
551
1,547
8, 524
814
440
4, 610
2, 672

296. 95

2D9.17

298. 20

297. 88

301.84

299. 50

293. 36
251.24
11. 47
42.12
3. 59

295. 52
251.23
11.46
44. 29
3. 66

294. 44
249. 50
11.36
44.94
3. 76

°93 92
250. 12
11. 58
43. 80
3. 96

297. 90
252. 48
11.47
45. 43
3. 94

295. 57
251. 01
11.71
44. 56
3.93

8, 153
5, 754
99
5. 348
445
745
1,516
7. 289
777
438
4.315
1 . 766

8, 533
7.027
114
5. 312
412
1.208
1,488
8,070
808
443
4, 558
2,268

9. 553
8, 360
94
3, 537
3. 450
652
1 , 820
7, 572
840
445
4. 348
2, 138

8,013
858
486
* 4, 547
r
2. 215

6. 763

302. 07

305. 39

303. 47

303. 42

304. 64

302. 99

298. 1 4
254. 26
12.01
43. 89
3. 92

301. 38
257. 22
13.59
44. 16
4.01

299. 21
255. 78
11.99
43. 43
4.26

299. 33
257. 1 4
12.19
42. 19
4.08

300. 57

*>=>?, 0<

29S. 98
256. 77

12 40
42.49
4. 07

42 20
4.02

6. 285
5, 533
80

10.997
7. 305
103

3, 636

6. 206
422
2, 596
J , 671

429
1.623

S.09
445
4. 102
1,432

52

.37

. 40

.41

.43

.44

. 45

.47

.49

.49

.50

.52

.53

.54

. 55

2 47. 87
. 36
.47

47.81
. 36
. 44

47.81
.37
.48

47. SI
. 35
.46

47.81
.35
.46

47. 82
.36
.48

47. 86
.36
.45

47. 90
.36
.43

47.91
.30
.40

47.87
.36
.51

47. 90
.33
.40

47. 87
.30
.46

47.97
.53
. 56

48. 11
.42
.40

48.21
.40
.40

128. 93

129. 14

130 00

130 60

131.07

131 74

132. 50

133. 17

134 O1

134 50

62.63
6.32
4.05
16. 32
3.62
27.82

62. 73
6. 23
16. 37
3.61
27.92

63.12
6. 41
4. 06
16. 38
3. 60
28.09

63.37
6.38
4.09
16. 40
3.60
28. 29

63. 55
6.34
4. 10
16. 40
3.59
28.46

63. 86
6.37
4.08
16.41
3.58
28.61

64.07
6.40
4.06
16.42
3.57
28.66

63. 88
6. 19
4. 06
16. 51
3.56
r 28. 64

64. 44
6.31
4.09
16.54
3. 54
28. 82

64. 66
6.24
4. OH
16. 54
3.54
28.98

4 97
2.14
2.74
44.95
41.68
4.02
5. 93
1 22
5.22

4.95
2.17
2.70
45. 14
41.86
4.04
5. 98
1.20
5.10

4 99
2.18
2.73
45.34
42.03
4.10
6.04
1.26
5 15

5 02
2.19
2.74
45. 58
42.25
4.11
6.08
1.24
5.21

5 07
2.20
2.78
45. 76
42.41
4.11
6.11
1.27
5.20

5 11
2.22
2.81
46.05
42.69
4.12
6.15
1.27
5. 17

5 16
2.22
2.85
46.38
43.00
4.13
6.18
1.30
5.28

5 18
2.24
2.86
46.98
43. 58
4.12
6. 21
1.41
5.38

5 24
2. 24
?. 91
47. 20
43.80

5 28
2.25
2 94
47. 35
43. 93

4.15
6.24
1.28
5 44

4 17
6.28
1 27
5 50

777. 5
342. 0
59 2
12.8
67.7
157.2
138.6

749. 6
316. 5
56.3
12.1
68.2
142.7
153.8

733. 4
311.6
54 5
12.0
70.9
149.0
135.4

739.2
318.8
54 6
12.5
61.7
142.9
148.7

754. 6
300.4
50 5
11.0
75.3
156. 7
160.7

776.5
316.6
63 4
13.4
66.7
146.6
169.8

741.8
318.9
60 1
11.5
68. 9
133.2
149.2

994. 1
358. 1
63 3
10.3
62. 7
153.0
346. 7

844. 7
369. 5
71 5
13.4

6,750
4,784
1,341
625

6.708
4,670
1,463
575

6,204
4,510
1,146
548

6,268
4. 500
1,214
554

5,950
4,109
1,269
572

7, 005
4,903
1,484
618

6,580
4,912
1,078
590

8, 165
5, 261
2. 280
624

5,593
4, 057
1 023
513

LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies 9
2
126. 82
127. 73 128.11 P8 57
bil $
Bonds (book value), domestic and foreign,
2
60. 93
62. 06
61. 85
62. 38
total
bil $
2
6. 13
6. 26
6.34
6. 35
U.S. Government
..do
4. 08
3. 96
4. 06
State, county, municipal (U.S.)
.do _ . 2
16.22
16.
29
16.
25
16.30
Public utility ( U S )
do
2
3. 58
3.64
3.64
3.63
Railroad (U S )
do
2
26. 91
27.48 27. 67
27. 35
Industrial and miscellaneous (U.S.)
do
Stocks (book value), domestic and foreign, total
2
6. 26
4.89
4.86
4 93
bil $
2 2. 03
2.12
2.12
2. 13
Preferred ( U S )
do
24.14
2.69
2.67
2. 71
Common (U S )
do
2
44. 20
44. 64
44.49
44. 75
Mortgage loans total
do
2
41. 03
41.42
41. 30
41.52
Nonfarm
do
2
4.01
3.99
3.99
4.01
Real estate
do
25.73
5.83
5.79
5.88
Policy loans and premium notes
do
2
1.39
1.20
1.28
1.21
Cash
do
24.29
5.49
5.46
5.41
Other assets
do
Payments to policyholders and beneficiaries in
777.1
734.2
714.1
830. 8
704.3
U.S , total
mil $
298.4
323.2
295.6
350. 1
300. 4
Death benefits
do
59.5
59. 6
57 6
62 9
56 8
11.8
11.1
11.6
11.1
10.9
Disability payments
do
64.2
69. 8
72.0
66.3
66.7
Annuity payments
do
149.4
147.7
140.4
141.5
156.9
Surrender values
do
151.6
1(55. 0
177.8
134. 3
136.3
Policy dividends
_
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :
6,565
6,350
6, 824
5, 925
Value, estimated total 9
mil. $.. 6,586
4, 605
4,531
4, 839
4,233
4. 629
Ordinary9_
- .
do
1,472
1,377
1.364
1,127
1,110
Group and wholesale
do
583
583
621
565
611
Industrial.
do
r
Revised.
*> Preliminary.
! Data
beginning
Mar.
1962
reflect
revised
classifications;
not comparable with earlier figures. 2 End of year; assets of life insurance companies are
annual statement values.
|See similar footnote on p. S-17,
cf Other than borrowing.
*New series (compiled by U.S. Treasury Dept. and Bu. of
the Budget).




95 9
152.6
142. 5
6 °52
4, 519
1 173
560

or net receipts and total expenditures reflect exclusion of certain interfund transactions.
9 Revisions will be shown later as follows: Assets, all life insurance cos., Jan. 1960-July
1961; insurance written (total and ordinary), 1961.

SURVEY OF CURRENT BUSINESS

April 1003
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

Monthly
average

S-19

1962
Feb.

Mar.

Apr.

June

May

1963
Aug.

July

Nov.

Oct.

Sept.

Jan,

Feb.

1,234
r
827
r
176
r
231

1, 142
866
166
110

1 031
774
154
103

15,878

Dec.

Mar.

FINANCE—Continued
LIFE INSURANCE— Continued
Premiums collected (LIAMA):*
Total life insurance premiums
Ordinary
Group and wholesale
Industrial

mil $
do
do
do

r

1, 001
' 735
' 146

120

r

I 047
r
773
r
155

118

T
r
r

975
725
144

106

r

1 091
r
816

r

r

167

999
'745
r
147

108

107

107

1C), 008

16,495

r

1 029
r
776

T \ 016 i
r
758

r 14(}

r 151
r

r

r 1 048
r
775
r
i
163

108

109

16, 147
-310

1 034
r
768
r
158

108

r
r
r

962
720
139

103

r

T

no

1, 025
--769
150
106

1, 076
r
797
T
168

r

MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of yr. or mo.). mil. $__ 16, 889
—5
Net release from earmark $
do
64, 583
Exports
thous $
4,684
Imports
do

15.978
-66

31.747
12, 578

16. 790
-37
30. 897
19. 7G1

-•101,200
Production world total
do
66, 900 74. 400 67, 400
South Africa
do
13.000 12. 100 11, 400
Canada
do
4,600
3, 700
3,200
United States
do
Silver:
3,154
1,262
1, 538
Exports
do
3,786
6,205
9,249
Imports
do
.924
1.084
1.025
Price at New York
dol. per fine oz_.
Production:
2,615
2.556
'
2, 066
Canada
thous. fine oz
3,362
3,434
3,255
Mexico
do
4
*
2,
908
3,
764
3
928
United States
do
133.9
i 35 3
32 9
Currency in circulation end of vr or mo
bil $
Money supply and related data (avg. of daily fig.) :*
Unadjusted for seas, variation:
Total monev supply _ . _ _ _
bil. $.. s 143. 2 5 5146. 0 145. 3
529.1
30. 1
29 3
Currencv outride banks
do
3114.0 5 115.9
115.9
Demand deposits
do
5
5 78. 5
91.0
85 4
Time deposits adiu Q ted1l
do
5
54.8
6.0
4.6
U S Government deposits
do
Adjusted for seas, variation:
145
5
Toti! money supply
do
29 7
Currencv outside banks
do
Ti
r\
sits
flrTn^torlf
H
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (344 centers)* ratio of debits to deposits
New York City
do
6 other centers cf
do
337 other report in s? centers
do

38.2
70.0
36.9
26.2

41 5
77.8
41.2
27.7

« 3, 828
« 331

e 4, 432
6 342

16,434

16,435

r - 143

—82

52, 845
10, 622

14,065
2,228

31 032

16,290

— 60
14 000
3, 340

72, 900
12 800
3, 500

72. 300
12 400
3, 000

74 000
19 300
3 400

75, 200
11 800
3 100

979

14,005
2, 039
76, 300

11,900
4.000

16, 098
— 10
52 663
] , 883

16, 067
2
63, 150
2, 335

15, 978
-19
28. 053
2,130

15, 977
26
6, 936
1,903

1 5, 978
— 20
45, 093
86, 442

15. 928
-89
16. 975
2, 976

76, 600
12 000

76. 100

74, 700

4 800

78, 166
12, 500
4. 300

78, 500
12 100

4,600

3.800

3, 700

78. 666
11, 700
3, 600

951

1,144
7 897
1.155

960

5 827
1. 083

7, 646
1.206

1,886
5, 713
1.192

3,350
5,270

4.299

1.199

1.244

3, 086
5, 187
1.256

2, 408
3 623
2 883
33 9

* 3, 037
3 631
5 157
33. 9

r 2, 737
3, 435
3, 151
34.1

2, 601
2, 981
3 005
34 8

2.713
3, 662
4 545
35 3

2, 258
3,241
4 722
34 1

4 135
34.3

151.6
31.2
120. 4
96. 6
5 6

151. 8
30. 5
121.3
98 4
4.8

148.3
30. 5
117.8
99. 9
.1.6

148
30
118
99

476

11,700

11,700

6, 653
1.015

526

521

964

5,615
1.015

5 203
1.015

6 837
1 . 023

5, 398
1.035

r 2, 533
3, 886
4 004
33 0

' 2, 273
3 473
3 465
33 2

2, 684
3 185
3* 359
33 8

r 2, 849
2, 984
3. 052
33.9

6
8
$
9
0

144.0
30 0
113 9
91 1
7 2

144.3
30.3
114.0
92.2

143.8
30 3
113 5
93 0
6 8

145.0
30. 3
114.6
93 8

146.5
30.4
116.1
94.9

7.2

7.3

148. 2
30.8
117. 5
95 4
6.0

145
30
115
90

6
1
4
7

145. 7
30.2
115. 5
91.8

145
30
114
92

1
2
9
5

145 3
30.2
115 1
93 4

146 1
30.3
115 8
94 6

146 9
30.5
116 4
96 0

147 9
30. 6
117 3
97 5

41 Q
77.3
41.3
27 8

42 1
77.3
42.1
28. 6

41 9
78.8
41. 1
28 3

41 7
82.2
41.8
27.3

43 5
82.9
43.7
28.5

49 9
80.7
43. 5
28 '.

44 2
88.9
43.4
27.7

144.2
29.6
114. 6
87.4
5. 1

146.2
29 8
116.4
88 9

115 8
85 8

145 7
29.9
115 8
87 5

146
30
116
88

38 5
68. 1
38.4
27. 1

41 7
78.2
40. 9
27. 6

3.8

r

2 217
3 530
4' 362
33 5
143
29
113
89
7

1
0
0
7

145
30
115
89

7
0
7
6

42 2
78.4
41.7
28.2

41
78
40
28

9
8
8
0

r

3

r

7.1

r

2, 571

7
7
1
1

r 148 6

r 43 6
83.7
44.1
28.8

43 6
84. 6
42.7
28. 3

30. 9
117 7
100 3

PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes all industries
mil $
Food and kindred products
do
Textile mill products
d(
Lumber and wood products (except furnitu e)
mil $
Paper and allied products
d(
Chemicals and allied products
dc
Petroleum refinine
dc
Stone, clay, and glass products
do .
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport equip )
mil $
Machinery (except electrical)
do
Elec machinery equip , and supplies
do
Transportation equipment (except motor
vehicles etc )
mil $
Motor vehicles and parts
do
\11 other manufacturing industries
do
Dividends paid (cash), all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil. $
Transportation and communications (see pp. S-23
and S-24).

4, 838
357
105

* 4 236

4 649

270
74

Ml
157
560
809
145
138
180

10
143
519
797
58
143
252

169
601
690
191
156
199

155
551
775
199
104
111

35
161
568
965
133
130
165

8 111

6 152

^265
8
256

6327
6307

118
284
274

187
387
315

168
333
291

134
304
349

1 20

e 28
e 146
* 511
s 772
8 136
e 122
6201

6

4, 004

6 88

«70

6

$
6
6
6
6

344
89

397
86

-

T f$

6 74

6 110

«372
M30

6 508

98
570
396

645
499

106
331
564

118
743
57?

2, 138

6 2, 320

2, 202

2 123

2 112

2 844

585

472

488

508

M74

6

513

SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
mil. $.. 2,958
By type of security:
2,648
Bonds and notes, total
do
785
Corporate
do
273
Common stock
do
Preferred stock
_.
do
37
By type of issuer:
1,096
Corporate, total©
do
343
Manufacturing
do
22
Extractive (mining)
do ..253
Public utility
...do
Railroad
. do ..15
152
Communication
do
Financial and real estate.. . . _
do 190
Noncorporate, totalO-.U.S. Government..- State and municipal..

do
do
do

1,862
1,021

2,498

2,537

1,877

4,075

2,149

2,422

1,663

4, 056

1,568

2,150

1,821

2. 149

2,692

2, 162

2,352

2, 3*2

1,669

3,738
881
216
120

2, 015

2, 253
1 063

1,598

3,974
840
58
24

1 408

2,027
853
74
49

1 768
732
28
24

2 025
1 072
65
59

2 598
587
63
30

2 068
549
76
18

1, 232

630
250
5
124
9
93
110

922
226

632
190
21
165
20
69
93

976
167
21
252

784
275
g
228
25
4
185

1,197
381
51
280
37
58
265

681
142

643
930
28
132
14
69
119

36

638
204
5

897
274
19
237
20
109
155

884
139
13
153
17
366
126

847
329
10
197
20
21
143

1,217

463
15
383
7
90
142

801
279
37
217
12
65
96

1,600

1,654

1,030

2 858

1,348

372
716
361
1 506
695
1,123
621
713
877
r
2
Revised.
1 End of year.
Estimated; excludes U.S.S.R., other Eastern European
countries, China Mainland, and North Korea. Comparable data not sftown in 1961 BUSINESS STATISTICS volume.
3 Effective Aug. 1962 for silver in commercial bar form
(priced y\ cent higher than on former basis; ^io cent higher effective Nov. 15,1962).
* Based
on refinery production (U.S. Bu, of Mint data); not comparable with data through 1961
previously shown.
« Average of daily figures. 6 Quarterly average.
' Less than
$500,000.




667
120
14

728
146
9

751
110

124
46

361
23
473
18
80
173

565
32
32

(7)

255
56
123
190

472
110
51

Q

262
228

9Q

199
29
196
72

9 OH
1 033
3 135
1 036
1 174
936
953
363
358 2 408
327
300
359
295
774
641
760
559
595
646
426
547
999
*New series. Back data for premiums collected and turnover of total

352
897

1 190

15, 878

—47
45, 024
2, 024

1 519
425
810

1.271

SUKVEY OF CURRENT BUSINESS

S-20
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1962

1961

Monthly
average

April 1963

Feb.

Alar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
New corporate security issues:
Estimated net proceeds, total
mil. $.Proposed uses of proceeds:
New money total
do
Plant and enuipment
do
Working capital
__do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer) :
L<ong-term
do
Short-term
do

1,073

881

866

823

1,185

785

1,214

621

907

618

961

776

1,184

671

633

902
628
274
75
96

694
475
219
63
124

792
642
150
7
67

709
458
251
16
97

1.033
753
279
72
80

621
435
186
25
139

953
713
240
82
180

504
329
175
39
78

620
382
237
159
129

441
315
126
39
138

727
467
259
126
108

494
263
230
73
209

923
616
306
81
180

541
369
172
87
43

447
308
139
31
155

697
376

713
397

1,123
640

621
351

877
442

897
499

760
375

641
301

559
573

426
172

646
285

595
590

547
351

999
304

735
463

1405
U30
i1 4, 294 i 4, 149
i 1,216
1,219
1
3, 003 i 2, 820

421
4,100
1,190
2, 882

426
4, 117
1,154
2, 963

419
4, 115
1,110
3.072

426
4,034
1, 205
2,889

437
3, 637
1,374
2,239

415
3.592
1, 252
2,124

388
3.7%
1,130
2,506

380
3,914
1,091
2,738

397
3,889
1.126
2. 625

385
3, 975
1,151
2. 586

405
4,149
1,216
2,820

414
4,236
1,199
2, 927

422
4, 355
1,191
3,077

SECURITY MARKETS
Brokers* Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and in banks - -_
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed
_
.

mil $
do
do
_ __do

Bonds
Prices:
Average price of all listed bonds (N.Y.S.E.),
total§
..
_
dollars
Domestic
do
Foreign
_
_
do
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues):
Composite (21 bonds)o* _..dol. per $100 bond..
Domestic municipal (15 bonds)
do
U.S Treasury bonds, taxable 1
do
Sales:
Total, excl. U.S. Government bonds (SEC) :
All registered exchanges:
Market value. _ _
mil $
Face value
do
New York Stock Exchange:
Market value
do
Face value
do
New York Stock Exchange, exclusive of stopped
sales, face value, total§
_
mil $_
Domestic
do
Foreign
_
_ _ . do
Value, issues listed on N.Y.S.E., end of month :
Market value, total, all issues §
_..
Ml. $__
Domestic
..
do
Foreign
do
Face value, total, all issues§
Domestic
_ _
Foreign
Yields:
Domestic corporate (Moody's)
By ratings:
Aaa
Aa
A
Baa
By groups:
Industrial
Public utility
Railroad. _
Domestic municipal:
Bond Buyer C20 bonds)
Standard & Poor's Corp. (15 bond?)
U.S. Treasury bonds, taxable©

92. 98
93.12
83.22

93. 81
93. 91
85.70

92. 90
92. 99
85. 12

93. 89
93. 99
85.80

94.40
94. 50
86.04

93. 80
93.91
84.68

93.02
93. 13
84.82

92.97
93. 08
84.61

93. 76
93.87
85. 88

94.16
94.27
85. 94

94. 57
94 68
86.27

95. 03
95 13
87. 18

94.97
95 05
87.76

95. 2
107.8
87.55

96.2
112.1
86. 94

94.8
110.5
85.17

95.3
111.9
86.21

96.0
113.7
87. 69

96.6
113.5
87.87

96.3
111.2
87. 61

95.9
110.2
86. 07

95. 7
110.1
86.64

96.3
112.1
87.02

97.3
114 4
87.73

97.4
114. 5
87. 96

97.3
113 0
87. 96

97.6
113 0
87.81

97.8
112 1
87. 33

168.56
162. 82

144. 14
148. 83

136.69
132. 43

143.42
144. 94

134. 82
135.58

1 88. 43
184 91

246. 49
249. 77

151.86
156 85

117.84
125. 30

91.01
94.62

112.30
136 16

128 56
135 57

127 49
132 09

128 43
132 91

111 87
196 08

163.70
159.05

138. 80
143 97

131. 74
127. 77

138. 15
139.49

129. 99
130 81

183.01
179 28

238. 82
241 24

148 25
152 98

112. 35
119 58

86.01
90 10

105 49
128 67

122 72
199 41

129 99
196 99

123 26
126 26

107 89
121 64

1 36. 34
130. 51
5.83

121.21
113.42
7.79

101.35
95. 43
5.92

113.54
104. 74
8.80

117. 18
111.74
5.44

183.17
174 76
8.42

184.88
176. 26
8.62

116.51
108 52
7.97

95. 86
88. 71
7.16

81. 52
75. 06
6. 46

100. 62
89 22
11.39

118.29
110 60
7. 70

108 57
99 67
8 90

117 64

107 97

108.34
105. 50
1. 58

108. 51
105. 43
1 73

106. 25
103.38
1.61

107 40
104. 42
1.63

109. 44
106. 40
1.68

106.74
103 70
1 67

105. 51
102. 42
1.74

105. 47
102. 37
1 76

108. 52
105. 36
1 80

111.37
108. 22
1. 79

111.69
108 52
1 80

113. 07
109. 85
1 84

111.09
107 80
1 85

116.51
do
do .. 113.30
1.90
do

115.65
112.25
2.02

114.37
111. 17
1. 90

114.39
111.10
1.90

115.93
112. 59
1.95

113.79
110.42
1 98

113.42
109. 97
2. 06

1 13. 45
109. 98
2 08

115.74
112.25
2 10

118.28
114. 80
2.09

118. 10
114 6'?
2 09

118.99
115. 48
2 11

116.98
113 41
9 11

97.8
113 3
87 15

91 35

percent..

4. 66

4.62

4.70

4.67

4. 63

4.58

4. 59

4.63

4.64

4.61

4.57

4.55

4.52

4.49

4.48

do
do
do
do

4 35
4.48
4.70
5.08

4 32
4 47
4. 65
5 02

4
4.
4.
5

42
56
74
07

4 39
4. 53
4.71
5.04

4 33
4. 49
4.66
5.02

4
4
4
5

28
43
62
00

4 28
4 44
4.62
5 02

4
4
4
5

4
4
4
5

35
49
66
06

4 32
4 40
4. 02
5 03

4
4
4
4

4
4
4
4

4
4
4
4

4
4
4
4

4
4
4
4

do
do
do _

4.54
4. 57
4.86

4 47
4 51
4.86

4 57
4 62
4.90

4.52
4. 60
4.88

4. 46
4. 56
4. 86

4 42
4 50
4.83

4 45
4 47
4.86

4 5°
4 48
4. 90

4 51
4 50
4 90

4 45
4 49
4.88

4 40
4 46
4 8£

4 39
4 42
4.83

4 40
4 41
4 76

4 38
4 38
A. 79

4 37
4 37
4 69

3.46
3. 46
3.90

3.14
3.18
3.95

3. 20
3.28
4. 09

3.12
3. 19
4.01

3.00
3.08
3.89

3 24
3. 09
3.88

3.24
3.24
3. 90

3.33

3 14
3 31
3 97

3 06
3. 18
3. 94

3 01
3 03
3 89

3 10
3. 03
3. 87

3 05
3 12
3 87

3 18
3 12
3 88

3 I9
3 IS
3 9''

3 11
3 93

544.4

do
..do
do

3^
49
65
Or>

3. 30

4. 02

28
41
61
99

25
40
59
96

24
38
54
92

21
37
48
91

19
36
46
<^(j

Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. $__ 2 14, 154

2

2,074.4

987.8

384. 0 2, 086. 2

994. S

395. 4 2, 137. 9

1,025.3

412. 1 2, 968. 2 1,098.9

520.1

2. 164. 1

2, 360
7, 823
2
549

183. 8
235. 3
134. 5 1, 331. 4
109. 0
3 0

188.9
340.9
11. 1

167. 6
91.9
131.4 1 354 5
108 5
5 '<>

197.4
338. 6
10 5

229. 4
93.2
135 5 I, 352 3
105 5
3 0

194. 5
361 8
11 4

104. 6
389.2
140 2 1 906 3
2 8
168 3

275. 3
316 9
14 6

181.8
13') 9
2 o

197. 0
1 388 1
11° 4

1.411
1, 773
2353
2 606
2201

2.2
115.5
4.2
42.9
6.8

113.2
197. 3
56.7
53.3
29.7

235. 3
123.3
20. 5
57. 9
9.9

3 3
1 ] 6. 8
5.5
23.0
6.9

113 0
199. 1
50. 6
59 3

235. 7
123.8
16. 9
59.8
12.1

2
118
8
23
10

236
124
19
62
14

4
8
7
4
3

3 3
124. 9
5. 7
21 6
9.0

117 4
207 8
77.1
66 2
35.9

236
126
31
79
18

2
7
6
6
0

2 5
125 9
8 6
49 9
9 6

117 7
20* 3

5. 99
6.43
2.97
3.36
4.30
5.31

5. 95
6.41
2.86
3.35
4.30
5. 19

5.96
6.41
2.91
3. 35
4.30
5.29

5. 96
6. 42
2. 91
3. 35
4.30
5.29

5. 97
6.41
2.97
3.35
4.30
5.29

5. 97
6.41
2.98
3.35
4.30
5.29

Price per share, end of mo. (200 stocks) 9 .do .. 185. 66 177.87 198. 76 198. 91 186. 28
199. 90 189. 95 212.12 213. 78 198.72
Industrial (125 stocks)
do
97. 76
98.87
96. 45
91. 50
Public utility (24 stocks)
_ d o _ _ _ _ 90. 55
63. 39
68.60
69.98
Railroad (25 stocks)
do .. 68. 26
64.78
r
2
Revised. 1 End of year,
Annual total.
§Data include bonds of the International Bank for Reconstruction and Development not
shown separately; these bonds are included in computing the average price of all listed
bonds.

171.39
183. 43
86. 79
62.00

157.34
168. 00
81.74
57.19

Finance
Manufacturing
Mining
Public utilities:
Communications
Electric and gas
Railroads
Trade
Miscellaneous

do
do
do

21,283
do
21,692
do
2
356
_ do .
2578
do
2 195
do

Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate (200 stocks)
dollars _ .
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
do...
Insurance (10 stocks)
do




22,160
2 7. 340
2
544

5.70
6.07
2.81
3.37
4.21
5.18

15, 076
2
2

2
2

9
6
7
5
0

112 8
201.3
50.7
58.4
27.5

5.97
6.40
2. 98
3.35
4.30
5.29

5.97
6 40
2 99
3.35
4.30
5.32

5.97
6.40
3 02
3.34
4.30
5.32

5.91
6.29
3 03
3.39
4.30
5.32

6.13
6. 63
3 05
3.39
4.30
5 32

6.15
6.64
3.07
3.42
4.35
5.65

6 21
6 71
3 07
3.42
4 44
5 80

6 29
6 73
3 10
3.42
4 44
5 80

168.24
178.96
87. 72
58. 27

170. 51
181. 40
90. 12
59.25

161. 75
172. 29
87.42
56. 07

164. C2
174. 24
86.83
58.66

179. 59
192. 36
92.64
67.43

182. 43
194. 69
96.49
68.04

191. 25
204. 07
102. 52
71.41

185.31
196.71
99. 88
70. 90

r
)4 6
30 5

cfNumber of bonds represent number currently used; the change in the number does not
affect the continuity of series.
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

April 1063
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

Monthly
average

S-21

1962
Mar.

Feb.

Apr.

May

June

1963

July

Sept.

Aug.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's):
Yield (200 stocks)
percent _
Industrial (125 stocks)
_
do
Public utility (24 stocks)
do
Railroad (25 stocks)
_
__ do
Bank (15 stocks)
do
Insurance (10 stocks)
do

3.07
3.04
3.10
4.94
3.18
2.31

3.37
3.39
3.17
5.30
3.31
* 2.48
\

2.99
3.02
2.93
4.79
2.81
2. 13

Earnings per share (indust., qtrly. at ami. rate;
pub. util. and RR.,for 12 mo. ending each qtr.):
19.61 > 11.10
Industrial (125 stocks)
dollars
24.33 22 4.72
Public utility CM stocks)
do
23.94
5.51
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Dow- Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Railroad (20 stocks)
Standard & Poor's Corporation:^
Industrial, public utilitv, and railroad:
Combined index (500 stocks)
1941-43=10..
Industrial total (425 stocks) 9
do. __
Capital goods (123 stocks)
do
Consumers' goods (103 stocks)
do
Public utility
(50
stocks)
do
Railroad (95 stocks)
do
Banks:
New York City (10 stocks)
-_ -_do
Outside New York City (16 stocks)
do
Fire insurance (16 stocks)
_ _do

3.00
3.00
2.94
4.88
2.97
2. 10

3.20
3.23
3.02
5.17
3.26
2 28

3.48
3.49
3.42
5.40
3.56
2.59

10.80
4 45
4.69

3.79
3.82
3.65
5.86
3.74
2 86

3 55
3.58
3 40
5. 75
3 45
2 68

3.50
3.53
3.32
5.65
3. 43
2 63

3.69
3.71
3.45
5. 96
3.70
2 85

3.60
3.61
3.49
5.78
3.62
2 78

3.41
3. 45
3.29
5.03
3. 36
2.44

3.25
3.29
2.99
4.79
3. 16
2 41

3.36
3 42
3.10
4 82
3.17
o 47

13.00
4 72
5. 51

9.50
4 57
5.05

11 10
4 50
4 99

3.37
3.41
3.18
5. 03
3.27
2.53

4. 60

4.50

4.52

4.48

4.45

4.45

4.52

4. 59

4.55

4.50

4.49

4.45

4.42

4.34

4.27

4.24

232. 44
691. 55
117. 16
143. 52

221. 07
639. 76
121. 75
132. 61

243. 07
711.95
127. 45
148. 61

243. 36
714.21
129. 84
145. 24

237. 42
690. 28
129.25
142.29

221.91
643. 71
120.03
134.96

198. 94
572. 64
109. 17
121.64

'203 10
581. 78
113. 91
122. 75

208. 94
602. 51
118.93
121.89

207. 82
f>97. 02
120. 53
119.76

202. 73
580. 65
117.77
117.58

218.35
628. 82
122. 34
130. 29

227. 22
648. 38
127.37
138. 98

237. 51
672. 10
133. Ett
148. 25

?41 13
679. 75
135.86
151.85

239 67
674. 63
134. 87
151. 72

66. 27

62.38

70.22

70.29

68. 05

62. 99

55. 63

56. 97

58. 52

58.00

56. 17

60. 04

62. 64

65. 06

65. 92

65. 67

69. 99
67. 33
57. 01
60. 20
32.83

65. 54
58. 15
54. 96
59. 16
30. 56

74.22
68. 37
62. 35
63. 70
34.23

74.22
68.06
62. 26
64. 51
33. 45

71.64
64. 49
60. 66
63. 86
32.31

66. 32
58. 17
55. 86
58. 84
30. 71

58. 32
50. 18
48.98
53. 32
28. 05

59. 61
51.08
49. 8l'>
55. 51
28 °9

61.29
52. 91
51. 17
56. 96
28. 09

60. 67
52. 08
50. 60
56. 96
27 68

58 66
50.83
49. 06
55. 63
27 40

62.90
56. 05
52. 42
57. 69
30 47

65. 59
57. 54
54. 52
60. 24
32.24

68. 00
59. IS)
56. 37
63. 35
34 06

68. 91
59. 93
57. 47
6-1 07
34 59

68. 71
M). 28

33. 75
70. 78
45. 42

33. 75
66. 19
43. 35

39.09
75. 79
49.24

38. 10
73. 41
49.71

36.11
70.94
48.42

32. 33
65. 1 1
43. 79

29. 69
58. 45
38. 36

31.02
59. 88
38. 52

32. 35
61. 93
40.72

31.33
61.23
39.79

30. 26
59. 00
37.47

32.37
64. 00
41.93

34. 35
67. 71
44.66

35. 39
70. 01
47.17

37.18
73. 29
48. 96

3'. 86
72 22
47. 93

4, 561
139

4,219
126

4,447
135

3, 954
114

5,367
148

6, 728
204

4,291
131

4,117
132

3. 393
104

3, 990
126

4, 596
144

4, 426
143

5,016
159

4 298
130

3,945
99

3, 545
85

3, 703
88

3, 335
79

4,649
3
105

6, 034
156

3,789
99

3, 575
96

2, 930
74

3,518
93

4,040
107

3, 857
103

4, 357
117

3, 741
97

80

66

68

65

111

100

74

77

63

79

96

81

101

79

75

339. 29
7, 464

383. 42
7, 269

381.36
7,302

357. 77
7,343

326. 78
7,434

298.97
7,485

318. 84
7,533

324. 51
7, 552

308. 44
7 561

309. 23
7 611

341.14
7, 621

345. 85
7 659

363 22
7 692

354. 33
7 71Q

365. 93
7 750

Sales (Securities and Exchange Commission):
Total on all registered exchanges:
5,317
M^arket value
mil $
168
Shares sold
millions- .
On New York Stock Exchange:
Market value
- - mil. $__ 4,392
108
Shares sold (cleared or settled)
millionsExclusive of odd-lot and stopped stock sales
85
(N.Y. S.E.; sales effected)
millions..
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
- - bil. $_- 358. 93
Number of shares listed
millions - 6, 752

63 35
34 60

FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Indexes
Exports of U.S. merchandise:*
Quantity _ _
Value
-.
Unit value
. .
Imports for consumption:!
Quantity
Value. _
Unit value _ _
_-

1957-59 =100_.
_do
. ..do
do
do
_do_

_

rl(»8

111
103
M08
105
^97

pl08
pill
p!03

109
113
104

^122
pl!7
^95

108
104
96

r

r

113
117
104

118
120
102

122
125
103

124
126
102

107
109
102

105
107
102

110
112
102

100
103
102

115
118
102

118
121
102

123

119
114
96

126

' 121

119
114
96

120
114
95

124
118
95

M23
116

129
123
95

r 134
126
r
94

121
115
95

l!7
96

96

Shipping Weight
Waterborne trade:
8. 833
8,847
9, 509 11,536 11,046 10, 150
Exports, incl. rcexports§
thous. Ig. tons_. 9, 526
13,078 14,884 14,346 17,010 17, 865 15, 921
General imports
-.
_ _ d o ___ 13, 984
Valuet
Exports (mdse.), incl. reexports, totalf
mil. $__ 1,746.8 1 . 802. 4 1,775.2 1,844.8 1,885.7 1,971.4 1,974.0 1,707.4
1,679.4 1,741.7 1,713.1 1,783.1 1,803.3 1,891 3 1,897 6 1,619 9
Excl. Dept. of Defense shipments
do
Seasonally adjusted* By geographic regions:A
Africa
_
Asia
Australia and Oceania
Europe

do
.

Northern North America. _
Southern North America
South America
_ _ _ -_.

.

do-_.
do
do
do

69.3
342. 6
33.6
536 2

_.do.__
do
do

303.6

122.7
187.3

81.7

343.7

39. 1
542 7

319.2
129. 5
167. 1

1,812.1

1,674.4

1,802.6

1,782 1

81.1
332. 3
33.0
573 3

86. 8
344. 8
32.9
583 7

94.8
341. 8
40.3
557 4

79. 7
352 8
41 6
580 9

88. 7
359 6
41 9
574 0

78
326
41
473

273.8

308. 2
127. 1
186. 6

352. 1
119. 1
182 6

379 5
134. 9
176 0

370 1
134. 9
185 4

23.9
15.1

22.4
22 2

114.6
165. 1

By leading countries:
Africa:
28 8
13.6
19.5
24.5
22.4
United Arab Republic (Egypt Reg.)_-.do
18.6
21. 6
Republic of South Africa
do
19.0
19.2
19.4
r
l
2
Revised. 3 p Preliminary.
Quarterly average at annual rate.
For 12 months
ending Dec.
Note that all figures on this line are on basis of sales cleared or settled
during indicated month; clearances usually occur about 4th day after transaction date.
4 Jan. and Feb. data reflect effects of dock strike and its aftermath.
cf Number of stocks represents number currently used; the change in number does not
affect continuity of the scries.
9 Includes data riot shown separately.
{Revisions for various periods prior to 1962 will be shown later.




1 838 3 1 7'-8 9
6
6
7
3

10. 987
16, 990

r

r

94

10,906

16, 104

1,681.3 1,760.2

1 633 3 1 710 0
1 687 3
73
319
39
493

10, 181
16, 634
1 . 902. 0
1,851.1
1,613.2
1 582 6 1,791 4 1,863.7

1 943 3 1 499 8

6
5
6
6

80 3
334 5
52
3
r

60
289
36
483

313 6
118.7
150 4

304 4
127.1
173 5

290 6
129. 2
171 0

341 5
134. 5
133 1

22 3
20. 2

16 7
15.0

13 9
19.9

6 2
14.5

>44 9

1
2
6
4

1 695 ?

1 838 9

1,01 1.0 42,104.8
960 4 •i 9 050 (\

1
4

98'> 1 4 2 1 3() f>

8
1
5
6

13 5
1S4 8
177
^58 6

314 6
151.1
157 5

308 8
150. 6
161 8

268 0
92.0
43 8

16 6
17.9

11 9
22.9

2 0
4.3

92
362
36
560

0
8
9
1

84
410
41
580

4

§Excludes "special category" shipments and all commodities exported under foreign-aid
programs as Department of Defense controlled cargo.
^Includes grant-aid shipments under the Dept. of Defense Military Assistance Program,
as well as economic aid shipments under other programs.
*New series. Revised data prior to 1961 may be obtained from Bu. of Census reports.
AExcludes "special category" shipments.

SURVEY OF CURRENT BUSINESS

S-22
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

Monthly
average

April l!Hi3

1962
Feb.

Alar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1963
!
I Feb.

Jan.

Mar.

FOREIGN TRADE OF THE UNITED STATES—Continvied
1
FOREIGN TRADE— Continued
Value t— Continued
Exports (mdse.), incl. reexports — Continued
By leading countries— Continued
Asia and Oceania:
Australia, including New Guinea
mil. $..
Stitc of Singapore
do
India
do
Pakistan
do
Tapan
-- do
Republic of Indonesia
do
Republic of the Philippines
do
Europe:
France
do
East
Germany
do
TVrest Germany
do
Italy
do.. Union of Soviet Socialist Republics
do
United Kingdom
-- do
North and South America:
Canada
do

i

j

26.8
3.9
40.2
16.3
144.9
11.2
27.8

33.4
4.3
55.7
23.7
117.8
10.0
22.4

27.3
3. 8
29. 8
12.2
134.2
9. 6
21.0

27.5
2.9
43. 6
9.5
130.7
11. 1
23.2

47.1
.2
89.4
66.2
3.6
94.2

48.8
.1
89.7
64.0
1.3
89.6

56.0
0
92.8
71.2

50.6
.1
101.2
77.0

KXX2

303.6

319.1

273.8

34.9
3.7
47.6
17.8

35.2
4.4
60.8
23.5

115.5
15.3
23. 1

116. 8
8.7
22.5

91. 1

55.6
.1
91.9
57.3
2
85.2

308.2

352.1

35.2
5.4
68.2
31. 9
117.2
11.2
22.8

35.4
3.3
75.0
35.7
96. 9
7.0
21.7

33.4
4.1
57.0
28.9
102. 1
9.3
21.5

45 5
5.3
53.0
30.6
109.7
12.2
23.8

30.9
2,9
51.3
17.9

32.8
5.3
66. 1
28.8

95.0
11.3
19.3

121.9
5.5
23.4

101. 1
60.7
4.3
84.3

50. 3
.1
95.3
72.3
2.8
77.8

35.7
.1
82.0
48.7
1.0
83.6

40.3
.1
84.2
58.9
1.4
75.6

46.8
.1
85.1
58.5
.7
110.8

37.2
.1
77.9
61.3
.4
89.2

47.3
.4
87.5
70.7

379.5

370. 1

313.6

304.4

290.5

341.5

35.0
5 9
71. 7
27.0
138.8
6.6
25.5

22. 9
8.3
72.1 1
11.0
11.0

56.6
.1
103. 5

32.9
0)
43.8

97^9

70.9
.3
99.7

31.7
.1
47.6

314.5

308.8

268.0

284. 5
268. 5
255. 1
278. 6
283.4
291.9
243.4
272. 3
274.5
274.4
237.9
278.9
282.2
Latin American Republics total 9
do
31.2
3.5.4
33.6
37.8
49 2
29.4
32.6
32.5
24,1
19.1
40.5
23.8
21.6
Argentina
do
35.4
41.2
30.0
42. 9
42.0
33.4
39. 1
32! 5
36. 5
34.0
32.3
29.4
40.9
Brazil
do
14.2
19.
1
17.6
15.
3
12.3
12.3
11.2
17.9
16.7
14.2
12.2
13.8
13.9
Chile
do-18.9
20.4
20.3
23.6
22.2
21.9
17.4
20.8
20.1
22 6
12. 1
14.2
13.9
Colombia
do
J
1. 1
1. 1
.1
0)
0
0)
13.0
(0
(^
(0
0)
( )
Cuba
- do
0)
65.8
62. 1
67.7
59.2
69.0
59.9
74.8
62.9
64.8
71.8
55. 2
83. 5
69 8
IVTcxico
do
39.0
43.0
35.7
41.8
32.2
37.4
41. 1
40.9
38.0
40. 5
50. 1
33.6
42.3
Venezuela
-- do __
1 ,726. 4 1 ,779. 9 1,754.2 1 ,822. 5 1 ,862. 0 1 ,945. 2 1 ,952. 3 1 ,689. 8 1 ,660. 9 1,741.3 1,592.9 1,824.3 1,876.8
Exports of U.S. merchandise, total 1
do
By economic classes:
186. 2
166.8
212.0
169. 1
204. 0
193. 0
192. 4
154.4
185. 6
161.8
233.6
212.4
197.5
Crude materials
do
167.3
158. 1
175. 8
177.3
190. 1
153.3
153.1
215. 0
152. 9
176.9
144.5
140.3
180.5
Crude foodstuffs _ _
do
113.8
95.9
108.5
122.0
127.8
127.5
106. 0
109.7
111.7
122. 7
107.7
108.9
Manufactured foodstuffs and beverages. _.do
105.6
253.7
273.9
253. 2
254. 1
264. 0
227.3
257. 0
265. 5
255. 0
214.9
279.0
241. 9
278.6
Semimanufactures d71
do
1
986,5 1, 058. 8 1,049.9 1,100.0 1,160.6 1,152.7 1,166.4 1,010.7
978.2 1,012.2
934.7 1,081.7 1,096.4
Finished manufactures d
do
By principal commodities:
419.3
418.7
410.8
428. 0
470.8
473. 3
359. 4
402.0
396.2
410.9
450.4
389.2
461. 9
Agricultural products, total 9 - - ...do
44.8
73.7
52.7
53.8
59.0
19.9
50.4
23.2
41.1
66. 2
52.0
42.6
21.8
Cotton , unmanufactured
do
35.
8
32.9
30.4
34.3
39.
3
34.0
37.8
35.7
37.7
30. 7
35.3
37.9
46.1
Fruits vegetables and preparations
do
170. 7
157.8
190. 3
189.4
219. 2
188.4
152.7
153. 5
182.4
151.5
144.3
180.1
136.7
Grains and preparations
do
25.0
27.4
24.5
23.5
36.7
23.2
31.5
24.7
23.4
25.0
21.0
24.8
19.4
Packinghouse products
do
40.9
27.2
41.6
40.2
31.2
31.9
36.3
37.8
75.6
55.4
54. 6
44.5
32.8
Tobacco and manufactures A
-- do
1,307.7 1, 360. 6 1,343.4 1, 394. 5 1,451.1 1,471.8 1,481.5 1,287.8 1,301.5 1,345.1 1, 203. 8 1,373.9 1,415.0
Nonagricultural products total 9
do
113.5
100.1
110.5
112. 5
113.6
121.9
91.0
88. 1
113.0
142.4
131.1
118.0
119.8
Automobiles parts and accessories
do
149.5
143. 8
142. 6
151.3
158.8
141.9
155.2
149.5
148.0
158.1
158. 8
158.5
128. 2
Chemicals and related products§
do
32.
1
29.1
25.0
24.9
35.3
41.3
37.4
30.6
38.8
35.7
28.3
28.3
39.4
Coal and related fuels
do
50.9
50.9
68.7
48.5
50.7
39.3
59.4
54.6
61.2
42.9
49.9
47.2
49.0
Iron and steel products
do

119.5
3.0
9.6

Machinery total §9
Agricultural
Tractors, parts, and accessories
Electrical
Metal working^
Other industrial
Petroleum and products
Textiles and manufactures
General imports, totalO
__

do
- do
do
do
do
do
do
— do __
—do

395.9
12.0
29.9
94.3
40. 1
188.9
37.1
56.8
1,226.1

432.9
13.2
30.2
105.0
43.8
207.6
36.9
57.3
1,366.4

403.3
12.0
28.5
90.4
47.7
194.7
31.4
55.2
1,222.7
1,315.4

440.1
14.1
30.2
98.8
48. 1
217.1
33.7
61.8
1,381.4
1,339.3

461.4

16.5
34.4
113.4
39.1
219.9
39.8
63.1
1,332.6
1,363.8

By geographic regions: O
63.2
' 56.0
' 57. 1
56. 9
Africa
_
_
do
85.8
215. 2 * 247. 1 '201.3 ' 227. 5 ' 242. 0
Asia
do
36.6
26.4
26.7
' 51. 7 29.2
Australia and Oceania
do
385.3
* 345. 0
367.3
398. 5 ' 376. 8
Europe
do
r
272 6 »• 304. 9 r 240. 8 '291.8
Northern North America . .
_do_ —
292.7
'113.6 ' 123. 1 ' 129. 3 ' 137. 2 123. 7
Southern North America
do
' 196. 6 r 204. 1 ' 190. 7 ' 216. 8 ' 181.7
South America
do
By leading countries: O
Africa:
2.1
2.9
3.0
2.0
United Arab Republic (Egypt Reg.) — _ do
5.8
21.4
17.4
18.3
17. 1
Republic of South Africa
do
27.0
Asia and Oceania:
24.4
15.4
16.4
'33.7
Australia, including New Guinea — —do
19.5
1.2
1.8
1.1
1.2
State of Singapore
do
.9
21.3
20.4
20.3
21.0
India
do
26.9
3.5
3.1
5.7
4.5
Pakistan
do
4.0
87. 9 ' 113.1
103.9
77.8
Japan
do
106.2
13.6
12.4
9.5
'11.2
Republic of Indonesia
_ _ do
12.4
26. 4
27.3
15. 5
Republic of the Philippines
do
21.6
27.1
Europe:
France _ _ _ _ _ _
do 36.3
35.7
39.8
35.6
33.2
9
East Germany
do
.3
.1
.5
.4
West Gcrmanv
do
71.3
'80. 1
'76.2
'80.3
76. 9
31.3
37.7
Italy
do
39.0
31.3
33.0
1.9
Union of Soviet Socialist Republics
do
.6
1.3
1.6
1.7
r
United Kingdom
_
_
do
74. 8
83.7
85.4
'74.6
82.4
r
Revised.
' Less than $50,000.
+ Re visions prior to Jan. 1962 for exports and pri or to Fel). 1962 foi imports will be shown
Inter.
9 Includes data not shown separately.
^See 5>imilar n ote on p. S-21 .
cfData for semimanufactures reported as "spe cial catejrory, typ e 1" are includec1 with
finished manufactures.




59.9

492.0
16.7
34.2
115.3
50.5
241.4
37.7
38.1
59.9
59.0
1,452. 1 1,348.1
1,386.4 1,342.4
476. 1
17.6
38 5
117. 1
46.6
219. 5

423.3
14.9
31.3
105. 1
40.9
193.6
37.4
48.1
1,337.2
1,361.8

67.8
' 265. 1
27.2
' 416. 4
' 326. 4
141.6
' 206. 0

' 61. 8
'50.4
66. 4
242. 6 ' 262. 7 266. 8
34.2
31.9
46.7
' 362. 7 ' 366. 1
361. 5
' 338. 8
313.3 '318.0
109. 1 ' 109. 5
' 107.6
' 199. 3 186. 1 ' 199. 7

2.6
22.7

3.2
16.9

16.2
.9
22.0
3.1
113.7
12.9
37.4

19.1
.8
16.1
2.3
116.7
12.3
31.2

3.9
18.8

412.5
12. 1
29.4
98.6
41.3
205.5
39.6
59.2
1,356.0
1,364.2

.9
15.6

22.9
28.8
1.4
1.2
21.3
19.2
3.0
2.7
' 120. 0 '131.8
12.9
9.9
'40.3
32.6

'34.8
36.5
'38.2
2
.1
.2
75.' 9
'74.3
80.7
' 35. 9
37.5
36.3
1.2
1 2
.9
' 93. 8
84^9
79.1
/;^Manufa ctures of

32.0
2
' 79.' 9
41. 7
2.1
80.7

406.7
9.9
26.4
99.7
42.5
196. 6
43.5
59.2
1,341.7
1,476.4

l1

15. 5
9 2

4.2
10.0
51.2
15.7
992.1

2,081.0

226. 7
102.3
71.7
197.7
68. 5
130. 6
294. 9
131. 9
617.6 1,231.2

202.0
30.3

498. 3
69. 6

8.5
35.0
790. 1 1, 582. 7

389.5
10.5
27.9
95.4
40.0
185.7
30.2
51. 1
1,438.9
1,318.9

443.6
9.9
2/ . 8
117.6
44.2
209.7
36.2
58. 9
1,451.6
1,431.7

58.2
256.5
36.3
417.9
325.4
111.9
231.7

60.7
262.2
45.3
419.9
338.9
129. 1
193.6

66.0
236.7
40.9
388.6
295. 8
127.3
210.2

42.3
214.1

3
6
6
0

25 1! 5
no. 3
393. 0
267. 2
136.6
207. o

1.1
28.6

.6
23.6

.4
23.3

1.2
16.9

o
1L2

1.0
26. R

25.0
.7
24.2
2.7
' 129. 7
'8.9
' 22, 9

23.4
.9
20.6
2.9
128.5
9.8
23.9

33.2
1.2
20.7
3.2
123.6
9.7
26. 6

31.1
.7
22.5
3.1
98.1
11.0
27.6

16. 3
1.1
16.5
2.0
109.3
7.6
13.8

41.0
1 2
32. i
5.2
104. 4
12 7
25.4

31.0
.2
83. 1
'37.5
2. J
77.0

36.5
2
83^0
43.0
1. 1
95. 8

36.7
2
91.0
43. 9
1.2
96. 4

31.8
.2
92. 2
40. 5
1.0
72.6

19.3
61 i s
23.9
.4
54.0

33. 6
.1
77.0
33.0

62.9
' 258. 0
37.4
' 367. 6
' 302. 5
' 105. 0
207.0

458.1
13.2
9.6
15. 6
27.9
16.1
34.9
115.6
49.2
14.0
49.5
215.9
42. 1
63. 6
1,366.5 1,116.7 1.389.5
1,371.9 1, 093. 2 1, 493. 2

92 1

256.
282.
130.
167.

84^3

tobacco are inclu ded in tt e nonaci icultural product s total,
Excludes "specia categorv7, type 1" expoi ts.
' New sei ies. Da la prior to A up.
1960 nay be obtainec from B iroau of Census reports,
O Eff ective w ith the .Vpr. 1962
SURV EY, the i mport tf talsand appropr ate com jononts r effect re\r isions to include uranium
ore ai id conee itratos. For cert ain recer t month s, the dat a by reg ons and countrie s exclude
impo rts unidc ntified li y area of origin. (See alsr note 4 f()T p. S-21 .)

SURVEY OF CURRENT BUSINESS

April 1003

1962

1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

Monthly
average

S-23

1962
Feb.

Apr.

Mar.

May

June

1963

Aug.

July

j Sept.
1

Oct.

Nov.
1

Dec.

Jan.

Feb.

Mar.

i

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuef — Continued
General Imports, by leading countries©— Con.
North and South America:
Canada
mil. $.. ' 272. 5
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela

-

' 282. 2 ' 279. 0 '311.5

267. 8

do
do
do --do
do
do
do

8.5
8.8
' 46. 9 45.1
' 15. 3 15.9
23.0
' 22. 9
2.9
.6
r
48. 2
'44.8
-74.8
'81.3

' 13.4
80.3
18.0

Cocoa (cacao) beans, incl. shells
do
Coffee
- -- - - do
Rubber, crude, including guayule
do ___

Nonagri cultural products, total 9

304. 7 r 240. 7 ' 291. 7

do

1 ,221 .4
Imports for consumption, totalO
do
By economic classes:
r
Crude materials
.do_ _ _ T 262. 6
143. 1
Crude foodstuffs
do
133. 5
Manufactured foodstuffs and beverages. .do
r
259.
0
Semimanufactures
do
r
423. 2
Finished manufactures
do__
By principal commodities:
r
307. 6
Agricultural products, total 9
do

Wool and mohair, unmanufactured

r

r 3£ 2

16.5

do
do

8.4
37. 7

89.1
23.2
9.9
27 7
57.2
136. 9

' 263. 8

* 326. 1

9.6
40.0
22.2
18.5
.6
57.8
'92.6

61.2
'79.2

8.0
'41 9
27 7
r
23 2
.2
59.1
'79.2

1, 354. 9 1,208.2

1,364.2

1,325.3

1,411 2

10.2
'38.8
11.4
18.3

0)

r
r

278. 5 ' 257. 1 r 280. 4 r 267. 2 ' 286. 1
148. 1
158. 5 ' 146. 4 r 153. 7 T 154. 0
' 149. 8 r 104.2 r' 146. 6 133. 8
160. 8
' 282. 7 261. 7
303. 7
285. 8 T 298 4
495. 9 r 426. 7 r 487. 2 ' 484. 9 r 511. 9

313.0

r

317. 6

' 302. 0

325.3

338.7

295.7

282.5

267. 1

255. 0

' 259. 6

262.3

294.6

274.7

288.9

243.6

298.5

9.0
9.4
44. 2
48 2
4 9
9 9
' 29 6 31 8
(i)
0)
33.1
34.6
'80.2
'75 5

7.9
42 5
21 3
38 9
(i)
42.0
80.4

9.6
53 9
8 4
14 5
0
51.1
77. 1

10 8
56 7
7 6
19 5
(i)
49.6
90 3

59
25 4
11 3
12 0
(i)
49.6
89 2

13
59
10
12

7. 7
37.7
20 2
22 9
(i)
36.0
66.2

'9.8
35.1
19 6
20 4
I1)
' 36. 7
'85.1
1,320 1

1,330 3

1,368.5

0)

9
4
1
7

56. 9
82 8

1,345 4 1. 424. 1 1, 469. 7 1.336 4 1 139 2 1 367 0

' 288. 9 ' 276. 8 ' 298. 8 ' 275. 4
' 126. 6 132 5
136 1 ' 136 3
144.3 '150.8
147.8
160. 9
269. 0 T 280 7 r 281. 1 T 268 3
'491.3 ' 489. 4 ' 504. 7 '504 5

296. 3
158 2
187.0
288 9
539. 3

259 3
169 0
159.6
9.68 0
480 5

262 3
114 0
94.4
256 °>
412 3

9f)() I

333.1

359. 1

351 2

232 6

374 0

4.4
83.3
17.3
49 9
17.6

4.8
84 1
21.9
54 1
19.4

6 3
98 2
19.3

7 9
48 7
17.3

20.7

14.4

20 4
88 ri
26. 3
41. 7
28. 5

r 908. 3 '1,038.5 '1,012.6 '1,075.2 '1,032.1 '1,029.8 '1,038.2 '1,032.3 1,091.0 1,110.6

985 2

906 6

11.0
'82. 5
19.0
r 42 4
17.4

2 95. 6
22.7
9. 7
30.1
T
58,
0
r
147. 3

338. 5

264.3
145 7
176.3
276 4
561. 5

' 323. 0 ' 299. 9 r 325. 7

9.7
47.4

r

' 306. 7 ' 266. 8

7.3
47.5
12.9
19.6
2.1
56.4
r
77.0

' 913. 8 rl,032.0

Furs and manufactures
do___
Iron and steel products
do
Nonferrous ores, metals, and mfs. , total 9
mil. $_.
Copper, incl. ore and manufactures. _ do
Tin, including ore
- -do
Paper base stocks
do
Newsprint
_ _
do
*
Petroleum and products
._ do

292. 6

12.4
f 75. 0
'16.7

11.1
94.2
18.5
f>

r 33 ft

18.0

20.' 7

92

' 15. 1

38.6
r

85. 3
21. 9
7. 6
30.9
'
4
7
.7
r
141.4

11.7
46.1

r

312. 7
T

' 335. 9 ' 288. 0

17.2
75. 2
18.5
38 2
16.1

12.6
' 82.2
21.1
58 3
15.7

10.5
43.9

' 100. 0 ' 101. 7
25. 6
22.1
12.9
11.0
30. 1
29.1
54.6
56.
0
r
152 8 r 133. 5

8.9
56. 6

r

101.0
23. 6
12.5
30.4
61.7
139 8

16.7
63.9
16.0
46 7
16.3

6.2
51.4

300. 4
17.6
70 4
20.7
' 54 9
13.1

' 330. 2 '313 1

10.0
83.3
19.1
35 4
17.0

T

35
87 2
16.9
45 ^
14.6

5.6
51 1

6.6
53.7

7.0
41 2

5.4
47.6

5.5
49 9

17 7
43 3

' 89. 5 2 103. 9
21.6
'23.7
8.4
8.9
27.8
30.4
63.
9
57
7
r
141 5 r 140 2

' 96. 1
20.6
8.3
31.8
'57.7
r
142 1

89.6
20.4
9 9
29.8
53.2
146 2

93.2
17.6
6.7
33.6
68.6
127 1

94. 5
24.5
10 3
31.2
58. 6
169 9

82.0
9
27
7 6
26 6
60. 3
156 7

62, 562
53 927
14, 275
4 114
2 655

57, 630
49 346
13, 587
3,871
2 458

58, 677
47 927
18,026
3 722
2 586

T

T

170 8
152. 2
283 96
•191

7 8

88

45 7

46 9

914
715
756
008
755

56,488
40, 255
12,799
3,706
2,453

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, total 9-mil. $_. 514. 8
Transport, total 9
do
461. 2
Passenger
do
Property
-do_ __ 32.2
12.9
U.S. mail
do
512. 4
Operating expenses (incl. depreciation)., do
rf
6.0
Net income (after taxes)
_ do _
Operating results:
Miles flown (revenue)
-.
thous._ 57, 450
37, 131
Express and freight ton-miles
flown
do
12. 248
Mail ton-miles
flown
_
do
3,815
Passengers originated (revenue)
do
2 475
Passenger-miles flown (revenue)
mil
Express Operations
Transportation revenues
Express privilege payments

__

Local Transit Lines
Fares average cash rate§
Passengers carried (revenue)
Operating revenues (qtrly avg or total) Z\

mil $
-. do
cents
mil
mil $

59, 409
45 296
13 580
3 996
2 667

3

92 2
329. 1

3
95. 9
3 29. 3

19 6
604
347 4

20. 1
594
348 9

54, 557
37 540
12,140
3 591
2 344

-thous-do
do
do
do

2. 382
424
29
156
237

2. 393
439
30
158
231

597. 4

538.5
36. 4
14.3
561.0
9. 4

62, 745
45, 587
14, 360
4,107
2 677

61,754
43 381
13, 422
4 296
2 746

820
614
046
145
662

19 9
554

2,141
413
36
153
227

20 0
619
340 7

60 280
44 278
13. 064
4 286
2 963

55, 689
39 734
11,851
3 710
2 660

58, 283
47 556
12 978
4 164
2 929

20 0
610

OQ ]

639

20 1
580
357 7

1,010
1, 278. 9
1,242.9
76 6

992
1.350.3
1 276 7
79 3

142
104 8
99.8
51 2

141
132 7
112 2
58 0

' 2, 721 ' 2, 251
497
399
44
33
191
147
264
206

2 339
410
27
157
196

2.885
540
29
185
248

6

559. 3

5

528. 1

58, 182
48 228
12, 512
3 968
2 703

20 1
538

20 2
561

20 2
571
331 3

61
43
13
4
2

104 5
31. 7

94 1
27.9

95 3
29 8

d
' Revised.
Deficit,
i Less than $50,000.
2 Beginning July 1962, includes
data for
4
refined bauxite (imports for 1961 totaled $11.1
mil.).
« Quarterly average.
Number
5
of carriers filing complete reports for 1961.
Excludes intra-Alaska and intra-Hawaii.
t See similar note on p. S-22.
O See similar note on p. S-22.
9 Includes data not
shown separately.
ARevisions for 1961 are available.




62
46
14
4
2

89.9
26.3

Class I Motor Carriers (Intercity)
Carriers of property (qtrly. avg. or total):
* 965
Number of reporting carriers
_
_._
Operating revenues, total...
mil. $_ 1, 234. 4
1, 185. 4
Expenses, total
_
do
71 6
Freight carried (revenue)
mil tons
Carriers of passengers (qtrly. avg. or total) :
4
141
Number of reporting carriers
Operating revenues, total
_ _ mil. $
120.5
Expenses, total
_ __
do _ _ . 104.8
Passengers carried (revenue)
mil
56 3
Class I Railroads
Freight carloadings (AAR)rcf
Total cars
Coal
Coke _.
_.
Forest products
Grain and grain products

543.3
488.8
33.8
13.7
555. 4
'' 17. 0

20 2
638

20. 3
608

20 3
594
365 8

20 3
587

20 3
535

2,429
444
24
150
236

2.251
422
24
142
247

2.470
499
32
165
241

1,908
402
27
132
181

2,031
406
29
139
213

141
161 2
123. 7
63 0

2,043
°61
19
138
216

2,300
433
23
155
214

2. 852
540
30
184

254

2, 001
4H7
38
186
273

§ Re vised effective Jan. 1960 to reflect fares charged in U.S. cities with a 1960 population
of 25,000 or more; revisions for 1960 are shown in the Nov. 1961 SURVEY.
cTData for Mar., June, Sept, and Dec. 1962 and Mar. 1963 cover 5 weeks; other months,
4 weeks.

S-24
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

SURVEY OF CURRENT BUSINESS

April 1963

1962

1963

Monthly
average

1962
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

90
1 491

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Class I Railroads— Continued
Freight carloadings ( A AR)d"— Continued
Livestock
thous..
Ore
do
Merchandise, 1 c.l
__
do
Miscellaneous
do
Freight carloadings, seas. adj. indexes (Fed. R.):f
Total
1957-59=100-.
Coal
do
Coke
-do
Forest products
- do
Grain and grain products
do
Livestock
do
Ore
-do
Merchandise 1 c 1
- do _ _
Miscellaneous
do
Financial operations (qtrly. avg. or total):
Operatin° revenues total 9
mil $
Freight
do
Passenger
- _ do
Operating expenses
do
Tax accruals and rents
do
Wet railway operating income
do
Net income (after taxes)
do

19
145
121
1,252

18
144
97
1,277

11
62
96
1,142

17
89
125
T ] 495

17
100
97
1 251

16
194
94
1 244

13
275
116
1 480

9
212
85
1,102

12
203
90
1 169

27
221
110
1 48(>

36
152
90
1 296

24
95
82
1 214

15
63
91
1 363

11
41
70
1 044

9
59
75
1 109

191
87
78
95
104
71
83
61
92

i 99
90
81
97
101
67
83
49
94

97
90
98
104
110
64
112
53
98

97
92
96
102
105
73
114
52
97

96
93
93
98
107
79
83
52
98

94
93
80
101
103
70
87
51
95

90
87
71
95
94
59
87
51
9°

90
87
69
94
81
56
84
49
93

90
92

90
89
74
94
98
67
75
45
89

90
88
69
95
101
73
69
45
92

94
91
68
98
110
68
79
45
96

91
84
75
94
100
59
76
44
94

88
80
79
92
90
50
69
42
92

95
91
81
98
111
59
91
41
96

2, 297. 3
1, 934. G
150. 2
1,818.6
344.3
134.4
95. 6

Operating results:
2
Freicrh t carried 1 mile (qtrly.)
Ml. ton-miles - 144. 5
Revenue ppr ton-mile fqtrlv avg.) _ .. cents _ 22 1. 374
5, 072
Passengers carried 1 mile revenue (qtrlv ) mil

2 295 7
1 953 6
144 8
1 830 4
352 8
112 6
66 0

9 407 9
9 046 3
157 0
1 883 1
371 9
152 9
105 1

148. 2
1 354
4 460

154 6
1 . 352
5 037

95
98
62
79
47
91

14

95
88
84
99
107
60
101
40
97

2 331 7
1,959.7
109. 3
1,8320
334. 9
164.8
125.3

150. 7
1.337
5, 789

Waterway Traffic
Clearances, vessels in foreign trade:
Total U S ports
thous. net tons _ 14, 073
11,411
Foreign vessels
do
2, 662
United States vessels
do
Panama Canal:
Total
In United States vessels

thous Ig tons
do

Travel
Hotels :
Average sale per occupied room
dollars
Rooms occupied
--% of total__
Restaurant sales index
same mo 1951 — 100
Foreign travel:
U S citizens' Arrivals
thous
Aliens* Arrivals

do

Passports issued and renewed
National parks visits §
Pullman Co. (qtrly. avg. or total):
P<

do
do

9

thons $

14,913
1 2, 066
2, 847

12,679
10, 101
2, 518

13, 916
11 350
2, 565

14, 045
11,329
2, 716

16,396
13, 143
3, 253

15,957
12 817
3. 140

15.2S6
12. 408
2. 878

10,501
13.330
3. 165

15,932
12,700
3, 232

15. 1?5
12.309
9 890

14,991
12.259
'7, 73°

1 4, 1 43
11,575
2, 568

5 445
823

5, 490
855

5, 290
855

6 200
976

6 103
832

6 057
986

5 684
828

5, 495
741

5 167
830

4. 932
720

4 889
896

5 177
1 013

5 422
713

4, 118
547

4, 870
531

9 23
62
112

9.35
61
112

9 17
63
114

8 87
63
123

9 67
64
108

9 00
64
195

9 64
63

8.75
54
107

9 60
60
106

9. 66
04
111

10 14
69
111

9W
59
106

8 90
47
109

9. 00
59
105

9 90

116

174
168
111
93
71
2,323

195
191
125
103
76
2,678

145
158
86
68

185
175
112
86
93
761

170
183
1°1
95
107
1,357

17S
183
129
100
125
1.9S1

204
304
130
122
114
4,861

265
282
149
126
85
7, 554

333
240
159
125
72
7,573

250
189
177
129

186
156
134
112
52
1,920

152
l'>9
107
97
44
955

140
146
102
105
40
635

71
551

75

761
12, 577

726
12,076

740 7
414.4
252. 0
441 4
126 6
67 6

792 6
440. 0

61

693

108

635
10. 702

793
13, 035

707
1 1 , 694

770
12 873

3,288

113

COMMUNICATIONS
Telephone carriers :
Station revenues
Tolls, message

do_ _
do .. _

X f , „ rnti g i ^ n P O
do
Ph
e • '
•
d f ~
r mo
'1
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous $
Ocean- cable:
Opera ting re venues
do
Operating expenses, incl. depreciation __ do
Radiotelegraph:
Opera tin 0 " revenues
Operating expenses, incl. depreciation
e i e a £,

do
do

468. 2
139 6
70.8

22, 144 22,010
9Q QQ4 9Q 197
'582
1 029

5
7
0
^
9
1

790 6
432.9
278. 3
470 6
132 1
68 4

783 3
435. 4
267. 4
458 5
135 4
6S 6

796 8
438. 8
278. 0
475 1
134 5
68. 9

791 1
439. 7
269. 1
458 8
138 3
(59 0

780 3
430. 2

810. 6
440. 7

401.8
135 1
09.4

21,220
18 795
455

22, 6499
20 20
971

21 989
19 614
1 013

23,011
20 76'-*
861

22. 366
°0 389
659

21,259

749
426.
244.
439
127
68

90 S'")4

'' 828

3,023
2, 452
240

3,013
2, 542
153

2, 893
2, 517
69

3,220
2, 594
312

2, 8X3
2, 463

3,145
2, 581
257

2. 902
2. 444
161

1 95.0
2, 023

96

4,471
r 3,r 453
857

4, 675
3, 675
817

4, 342
3,361
810

4,821
3,614
1 , 005

4, 460
3, 536
739

4, 808
3, 699
919

4. 719
3, 734
801

4, 007
3, 097

'' 5

821 1
455. 4

481 4
141 2
70. 5

815 7
451 . 8
2/6. 3
T
487. 0
140.6
70. 8

"l!240

21. 245
19 854
598

21. 800
90 468
000

22, 890
9j ;jm
d
ft 9

2, 786
2, 470
20

3. 109
2. 012
243

2. 909
2, 002
54

2, 931
2, 483
90

3, 119
2, 005
179

4, 524
3, 626
706

5. 101
3. 872
1.036

4, 685
3, 707
740

4,718
3,911
031

4, 813
3. S69
727

1.102

816 7
452. 1
280. 0
487 8
« 176 6
70.3

806 0
450. 8

473. 5
141. 1
69.6

782 6
441. 1
256. 8
458 7
134 7
70. 0

22, 748
20 Q96
'600

20, 893
19 703
214

22 779

3. 031
2, 534
191
4, 684
3, 743
761

9() 5fi4

485. 0
143 2
71. 0

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:^
Acetylene
mil cu ft
Ammonia, synthetic anhydrous (commercial)

r1
T -' i
Chlorine gas

r

A

ir i

Hydrochloric acid (100% HC1)
Xitric acid (100% HNOs)
Ph

h

1 nntW P~rTS

T

th

908

1 093

1 061

I 159

1 102

1, 133

1, 000

1 105

1.089

1,128

1 093

1, 094

433 9
76 0
383 4

429 4
03 3
381 9

494 8
73 5
437 5

508 3
75 4
423' 1

510 7
90 9
432 8

490 0
100 0
427.5

471 1
105 7
438 9

404 2
107 8
441. 1

470 5
99 i
428.2

489 1
89 0
444.9

r 504 4

504 9

~,
do

481 6
85 7
428 6

441.9

75 4
439.3

do
do

75 8
281 6
6 555

88 1
303 4
8 347
900 A

78 9
289 8
3 8 255
icf; R

89 9
300 9
9 101

89.1
292 3
8 577
209 4

93. 1
84.8
91. 0
89.1
90.0
9?. 5
90.4
89.6
319. 1
334.9
341.8
299 7
305 9
277 9
303 7
278 0
S S49
8 945
9 490
7 782
8 129
8 103
7 433
8 083
1CK K
1SS .1
177 n
1QK 0
91 1 9
909 1
199 9
23° 5
§ Data beginning Tan. 1903 include visits to new park; comparable figure for Tan. 1962,
505,000 visits.
9 Includes data not shown separately.
O Figure for Oct. 1902 reflects adjustment of
Federal income tax provisions for 10 months 0/1902 occasioned by Revenue Act of 1902.
JScattered revisions for 1959, 1960, and Tan. -Oct. 1901 are available upon request.

sh t *

1C7 Q

919 9

3
Revised.
i Based on unadjusted data.
2 Quarterly average.
Beginning Feb.
1902, data include quantities for 14 plants not previously reporting. « See note O. d Deficit.
cfData for Mar., Tune, Sept , and Dec. 1902 and Mar. 1963 cover 5 weeks.
t Revised (effective with Dec. 1961 SURVEY) to new base period; see corresponding note
in Mar. 1963 SURVEY. "'




SUEVEY OF CURRENT BUSINESS

April 1963
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

Monthly
average

S-25

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

391.4
11.8
474. 6

378.9
9.6
465. 9

349.1
10.7
462.4

50.2

41.3

Jan.

Feb.

Mar.

CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Inorganic chemicals, production}:— Continued
Sodium carbonate (soda ash), synthetic (58%
376.4
NaaO)
thous. sh. tons_
383.9
368. 6
10.1
Sodium bichromate and chromate
do_ _.
10.6
10.2
409. 5
Sodium hydroxide (100% NaOH)
_.. do
455 2
403 2
Sodium silicate (soluble silicate glass), anhydrous
43.8
thous. sh. tons..
46.1
46.5
Sodium sulfates (anhydrous, refined; Glauber's
94.6
salt; crude salt cake)
thous. sh. tons._
101.7
97.7
1,487.3 1, 593. 1 1,535 6 1
Sulf uric acid (1 00% fl2S04) ..
do
Organic chemicals :cf
Acetic acid (synthetic and natural), production
mil. l b _ _
Acetic anhydride, production
do
Acetylsalicylic acid (aspirin) ,production---do._..

400.7
11.0
466.3

394.1
11.5
454. 9

404.1
11.1
464.3

400.4
10.8
459.9

368.3
10.8
467.1

390.4
9.6
469.7

378.4
9.5
451. 2

47.8

51.6

55.1

42.7

36.8

44.8

42.3

53.7

106.2
106. 5
113.7
725 6 1 675.9 1, 692. 3

94.2
1,502.3

95. 9
100.6
1,438.4 1,499.9

99.2
1,466.8

103 5
1,635.7

100 9
99 5
1,649.7 1, 654. 3

05.3
105. 0
1. 9

81.7
103. 7
2.3

72.5
93. 5
2.3

75.0
106. 4
2.5

75. 2
102.2
2.1

85.6
105. 0
2.4

79.4
107.4
2.0

77.2
101.5
1.8

86. 1
103.9
2.3

81.1
108. 8
2.1

79.5
105. 1
2.5

91.9
99. 5
2.7

89.5
114.6
2.4

98.7
2.0

52. 1
138.9
43.2
5.1

52.4
151. 3
42.3
5.3

47.8
148. 7
42.8
4. 5

53.3
147.7
45. 6

52.1
153. 1
40.8

50.3
151.5
44.6

50. 4
154.0
42.7

49.3
158. 1
39.1

45. 5
157. 6
41.5

49.5
147.1
40.0
5.7

65 5
150. 7
43. 5
7.7

52. 6
144.7
41.4
6.4

58 7
156. 8
41.6
4.6

61 0
165. 1
46. 5
5.0

Alcohol, denatured:
Production
mil. wine gal
Consumption (withdrawals) __
do
Stocks, end of month
_
do

23.4
23. 4
6.2

22 9
23.0
3.9

23.0
23.4
5.0

24.5
23. 9
5.6

21.7
21. 4
5. 7

24.0
24.8
5.0

22.9
23. 9
4. 1

21. 1
21.3
3.8

22.4
24.0
2.2

21. 5
21.4
2.3

23.8
23.4
2.1

22.8
21.9
3.0

22.9
22.7
3.2

25.0
25. 3
3.1

Creosote oil production
J3DT production
Ethyl acetate (85%) production

7.3
14.3
8.5

13.9
8. 1

8 1
13.2
3.9

5 1
13. 9
9.8

8 6
12. 1
7.3

8.0
14.5
7.9

7.7
13.4
12.4

10'. i

5.2

8. 1
15.7
9.0

7.8
14.0
6.6

7.9
15.5
7.6

7.5
14.7
10.7

8.1
13.5
6.3

7.6
14.9
6.9

98. 6
146. 0

100. 9
166. 7

80.8
157.2

87.9
163.5

88. 8
165. 3

98. 4
1 72. 2

103. 6
164. 1

119. 1
150. 2

122.0
169. 0

106.4
166.0

112.9
188.3

114.4
179. 0

117.9
169. 8

22.4
34.3

20.8
32.7

21.0
36. 4

21.2
35.2

21. 2
36.1

18.8
33.7

21.1
35.4

17.8
32.3

21.1
30.8

18.3
27.8

19.9
25.8

23.0
30. 5

.1
25. 6
31.7

.1
28.0
34.4

.1

.1
29. 0
30.2

.1
27.9
33.7

.1
28. 0
31 . 5

.1
26. 5
33. 3

.1
29 8
33. 6

.1
28. 3
33. 2

.1
28 2
34.8

.1
29.2
36.1

538
31
429
64

602
67
448
71

542
114
347
76

486
52
352
74

684
128
464
76

635
9S
466
58

543
24
444
47

563
10
428
99

699
60
547
82

653
51
504
66

123
41
13
36

' 253
' 129
36
18
51

259
131
37
12
73

306
157
28
18
57

397
230
69
24
59

287
1X6

' 195
' 1 29
'SI
13
10

229
i 133
33
24

199
84
20
19
49

173

197

117

232

365

258

60

123

227
414

227
415

220
509

249
446

248
302

255
253

204
316

170
382

127
82, 424

102
92, 400

72
76, 616

53
81, 058

145.8
386 5
359.3

152. 6
89 4
63. 2

123.9
69 9
54. 0

151.2
85 0
66.2

166. 6
100 7
65.9

186.
9 1

73.8

177 8
107.3
70.5

163 5
103. 3
60.2

177.6
111.3
66. 3

152 7
92.5
60.2

156.5
88.6
67.9

134. 3
72.8
61. 5

112.4
59.2
53.2

519
4,098

489
4,837

477
4,890

492
4,830

447
4,779

474
4,761

467
4, 751

473
4,777

514
4,818

499
4,862

512
4, 897

499
4,872

497
4,938

504
4,963

13.2

12.3

15.6

13.2

14.2

14.2

11.3

12.9

13.0

14.2

12.7

12.0

11.3

57. 4
104. 0
29. 9

53.2
92.8
38.9

59.8
105.6
40.1

53.8
105.5
38.8

61.1
113.2
41.9

59.6
107.3
41.5

48.9
94.7
33.2

60.1
102.3
40.7

57.9
105.1
42.0

61.4
109. 0
44.1

58.9
106. 1
39.6

55. 3
99.6
38. 3

60.5
98.3
41.5

T

128.3
41.0

113.9
35.4

131. 3
43.6

122.4
42.8

130.6
47.0

131.1
46.1

116.3
40.2

131.9
44.3

133.9
38.1

138.9
42.3

132.1
38.4

128. 4
35.4

133. 8
41.4

16.8
168. 0

15.5
156.9

17.9
167.0

18.7
166.7

20.2
170.9

18.6
170.6

13.8
172.7

18.3
170.8

15.1
170.1

18.6
176.6

15.7
170.3

14.5
170.8

18.8
153.1

Alcohol, ethyl:
Production
Stocks end of month
Used for denaturation
Taxable withdrawals

mil. proof gal
do
_ - _ do __
do ...

mil gal
mil Ib
do

Ethylene glycol, production _ _
do _ _
Formaldehyde (37% HCHO), production.. do
Glycerin, refined, all grades:
Production
do
Stocks, end of month
do
Methanol , production:
Natural
mil gal
Synthetic
do _ _ .
Phthalic anhydride production
mil Ib

84.6
2.2

6. 7
15.6
11.3

167.8

116.9
160. 8

25 6
32.8

23 1
32. 9

10 «
30. 3

.1
27.8
35.8

.1
29.2
38.4

27.0
35.2

26. 6

698
74
547
68

565
86
397
63

475
33
370
51

16

232
84
22
23
71

215
110
27
20
43

232
92

20

44

14
77

218
79
12
22
72

226

142

225

113

199

308

167

202
416

207
418

241
426

253
479

'930
505

261
505

r 124.

4

FERTILIZERS
Exports total 9
Nitrogenous materials

thous sh tons
do

Potash materials

do

Imports total 9
Nitrogenous materials, total 9
Nitrate of soda

do
do
do_

Potssh materials

do

Potash deliveries (KaO)__ _ _ _
do _
Superphosphate and other phosphatic fertilizers
(100% P2O5)'.1
Production
thous. sh. tons__

14
10

MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments:
dLK Ul< hUIlj, p J W U

-

Paints, varnish, and lacquer, factory shipments: 1
Industrial
finishes
do
Sulfur, native (Frasch) and recovered:!
Production
thous. Ig. tons...

n 3

2 424
2281,086

2379
300,657

62
83
35
91, 583 101, 886 100, 792

2

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:©
Cellulose acetate and mixed ester plastics:
Sheets rods and tubes
mil. lb_
Nitrocellulose sheets, rods, and tubes
.rnenoiic ana. oiner ia
Urea and meiamine resins

do

_
do

4.8
7.5 I
.1

51.0
88.8
33.3

do

105. 0
45. 1
12.3

do
Polyethylene resins
do
Miscellaneous (incl. protective coatings) _ _ _ d o

16.1
133.9
41 5

Allr H

' <5

"R

rl'fi

n

do

ti ns

4
4

r4

' Revised.
1 Beginning July 1962, excludes ammonium phosphate formerly included.
Quarteily total.
3 Beginning Jan. 1961, trade sales of lacquers (formerly shown with
industrial finishes) are included under trade products.
* Beginning Jan. 1962, data include
protective coatings (formerly excluded); amounts of these for Jan. 1962 are as follows (mil.
Ib.): Phenolic, 2.5 (incl. some rosin modifications no longer shown separately); polystyrene,
6.0; urea, etc., 3.8.
tSee similar note on p. S-24.
cfData (except for alcohol) are reported on the basis of
100% content of the specified material unless otherwise indicated.
2




r
r
r

9 Includes data not shown separately. ^Revisions for 1960-Apr. 1961 for superphosphate
and for Jan.-Mar. 1961 for paints, etc., will be shown later.
tRevised effective with the Jan. 1962 SURVEY to include recovered sulfur.
©Beginning July 1961, data are not strictly comparable with those for earlier periods
because of the inclusion of companies formerly not reporting; monthly averages for 1961 are
based on reported annual totals.

SURVEY OF CURRENT BUSINESS

S-26
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1962

Monthly
average

April

Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial) , total O
mil kw.-hr
Electric utilities, total
do
By fuels
- -do
By waterpower
do
Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments total
Bv fuels
By waterpower

do
do
do
do
do

Sales to ultimate customers total (EEI)§
Commercial and industrial:
Small light and power
Large light and power
Railwavs and railroads
Residential or domestic.
Street and highway lighting
Other public authorities
Interdepartmental

r

73, 226
' 66, 003
'53,349
r
l 2, 654

78 588
70, 993
56, 982
14,011

72 047
64, 777
51, 435
13, 342

78, 646
70, 719
54,562
16, 157

73 528
65, 873
49, 873
16, 001

78 071
70, 241
55, 020
15, 221

77 819 80 322
70, 1 64 72, 933
56, 397 59, 479
13, 767 13, 453

84 093
76, 439
63 226
13, 213

77 018
69, 680
57, 695
11,985

79 784
72, 002
58, 926
13, 076

78 109
70, 656
57, 099
13, 557

89 702
75, 312
61 250
14, 062

86 509
78, 835
64, 908
13. 927

77 1^3
69. 990
57, 323
12, 668

' 53, 636 57, 694
'12, 367 13 299

52, 733
12 044

56, 725
13, 994

53 103
12 770

57, 053
13 188

57, 260
12 904

59, 281
13 651

62, 424
14 015

56, 774
12 906

59, 150
12 853

57 452
13 205

60 940
14 372

63 804
15 031

56,543
13 447

7, 223
7,594
' 6, 942 7, 306
'280
?89

7 270
6, 982
?S8

7,927
7, 604
323

7 654
7,318
336

7 8^9
7, 507
32?

7 655
7, 373
282

7,390
7,143
247

7 654
7, 405
249

7 338
7, 106
233

7 782
7 496
286

7 452
7 163
290

7 390
7 093
297

7 675
7 362
313

7 133
6,842
?90

r

do

60, 061

64, 674

63, 520

64, 151

62 143

62,216

64 056

65 184

67 269

66 917

64 913

64 215

66 077

69 608

do
do

1 1 ,239 12, 008
28,952 31, 160

11, 111
29, 230

11,214
30, 736

10 958
30, 384

11,273
31.443

12 475
31, 527

13 102
31, 197

13 418
32, 285

13 354
32, 092

12 268
32,215

11 803
31 450

11 840
31 201

12 073
31,640

do
do
do
do
do

390
17,418
564
1,370
i 128

433
425
19, 616
20, 495
620
6990
1 5 9 1 461
109
71

391
18, 308
574
1 443
84

363
17,006
540
1 489
103

355
17, 513
515
1 564
106

350
18,364
f'24
1 528
119

360
18. 978
566
1 535
128

347
375
466
398
18, 879 17,714 18 183 20, 145
601
651
730
695
1 534 1 577 1 589 i 605
112
88
' 111
96

447
22,914
2
743
2
1 694
96

393
18, 868
'612
T
I 529
104

Revenue from sales to ultimate customers (Edison
Electric Institute) §
mil. $ - 1,014.1 1.085.4 1,073 6 1,071. 7 1 041 6 1 040 5 1 079 7 1 102 6 1 125 9 1 128 3 1 089 8 1 077 0 1 102 5 1 158 0

GAS
Manufactured and mixed gas (quarterly ):td*
Customers end of quarter total 9
thous.Rp^idential
do
Industrial and commercial
- do
Sales to consumers total 9
Residential
Industrial and commercial

2,071
1.937
133

2. 073
1 940
133

2 056
1 924
131

1 987
1 862
124

563
401
158

964
748
208

484
324
158

287
155
130

70.7
54.4
15. 9

114.0
91.5
21 8

60. 9
45. 7
15 0

37 3
25 6
11 7

thous-- 31, 661
29, 093
do
2, 533
do

32,301
29,634
2 630

32, 199
29, 606
2 556

32, 290
29 728
2 524

mil. therms- - 23, 397
7, 894
do
14,272
do

33, 534
15 705
16 358

22 5579
6 85
14 649

17 964
2 795
14 030

mil. •$. 1,424.7
787.8
do
595. 1
do

2.266.1
1,432.7
783. 5

1, 362. 6
720. 7
606. 3

934 4
375.5
523 4

mil therms do
do

Revenue from sales to consumers, total 9
Residential
Industrial and commercial
Natural gas (quarterly) :Jcf
Customers, end of Quarter, total 9Residential
Industrial and commercial
Sales to consumers total 9
Residential
Industrial and commercial

Revenue from sales to consumers, total 9
Residential _ _ _ . _
Industrial and commercial

mil.$—
do
do

•
1

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
7 92
Production
mil. bbl
7.42
Taxable withdrawals
.._
do __
Stocks, end of month
_
_ do
10 61
Distilled spirits (total):
Production
mil. tax gal__ 15.35
Consumption, apparent, for beverage purposes
mil. wine gal__ 20. 12
Taxable withdrawals
mil. tax gal-- 10.04
Stocks, end of month
do - _ _ 861. 48
Imports.
_
mil. proof gal.. r 3. 25
Whisky:
12. 13
Production
-- mil. tax gal
7.08
Taxable withdrawals
do
Stocks, end of month
do __ 837. 84
Imports., _
mil. proof gal. 2.87
Rectified spirits and wines, production, total
7.05
mil. proof gal. Whisky __
._
do
5.32
Wines and distilling materials:
Effervescent wines:
.34
Production
mil. wine gal-Taxable withdrawals
do
.31
Stocks, end of month
do
2.64
Imports
_
do
08
Still wines:
Production
-- do
14 00
Taxable withdrawals
do
12.98
Stocks, end of month
do
175. 82
Imports
do
.93

8 07
7.60
10. 46

6 42
5. 75
10 16

8 30
7.33
10.66

8 35
7. 46
11 07

9 96
9. 19
11 39

9 90
9 22
11 49

9 06
9 18
10 80

7 38
7 42
10 29

7 41
7 17
10 07

6 50
6 75
q 38

6 81
6 55
9 22

7 57
6 35
10 00

6 60
5 75
10 43

12. 90

15.32

15.41

13.16

15.94

12.69

6.43

8.34

10.17

14.84

14.40

12.27

14.24

21. 14
10.27
882. 72
3 61

17.08
8.65
883. 95
2.76

20. 63
10.41
886. 45
3.07

18.64
9.38
885. 90
'3.03

21. 15
10. 86
890. 60
3.55

20.43
10.66
890. 21
'2.90

18.67
8.29
886 81
2 90

20.42
9 82
882 85
3 28

19.40
10.70
879. 54
4 06

23.83
14 62
875 83
5 29

26.71
12.70
874 62
5 45

29.83
8 61
876 00
4 20

17.76
8 69
879 27

9 41
7.18
859. 13
3 18

12. 76
6.35
860. 19
2.41

12 10
7.30
862. 66
2.71

10 28
6.44
862 36
2.70

12 13
7.03
867. 44
3.09

3 42
8 83
5 02
6. 54
867 55 864 49
2.55
2 57

5
6
861
2

6
7
856
3

8
11
851
4

10
9
849
4

9
6
850
3

11
5
854
2

7.20
5.33

5.87
4.49

7.38
5.60

6.21
4. 48

7.54
5.44

7.21
5. 27

5.62
4.12

6.78
4 83

7.51
5.60

10.69
8 29

9.31
7.12

6.32
4 59

6.49
4 51

.37
.32
2.79
09

.50
.20
2.51
05

.42
.25
2.67
06

.35
.22
2.76
07

.49
.30
2.93
08

.46
.26
3.10
05

.16
.19
3.06
06

.37
25
3.15
06

.32
.35
3.08
09

.36
.50
2.91
15

.30
56
2.62
16

.34
49
2.43
14

2 48
04

05

15 78
12. 52
178. 89
1 08

2 70
11. 11
187. 44
.88

2 53
14.33
172. 68
1.03

2 15
12 10
164.42
1.06

2 64
11.93
151.03
1.31

1 67
11 72
141. 87
88

1 07
9 16
131. 76
78

6 15
12 28
123 99
02

59 71
12 14
173. 62
1 01

86 89
15 02
241 60
1 24

14 79
15 26
239 38
1 60

66
3 85
19 78
95
60 214 60
52
29

86

Distilling materials produced at wineries.. .do
27.61
4.08
31.27
1.43
1.70
'Revised.
1
Beginning Mar. 1961, data include sales not previously reported.
G Revisions for 1960-1961 are available upon request.
2 Revisions for Jan. 1962 (mil. kw.-hr.): Street and highway lighting, 712; other public
authorities, 1,495.




9 76
9.06
11 20

32
58
04
88

16
82
98
58

71
06
27
75

13
63
18
81

t)
12
224
1

68
33
47
69

74
98
33
29

9 53

.33
96

2.56
1.47
1.58
19.66 139. 50 144. 34
5.21
9.46
39.81
§ Includes data for Alaska and Hawaii.
t Revised data for 1st and 2d qtr. of 1961 will be shown later. Data for manufactured and,
mixed gas include Hawaii (beginning 1960); for natural gas, Alaska (beginning 1961).
d*The averages shown for gas are quarterly averages.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

April 15)63
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

Monthly
average

S-27

1962
Feb.

Mar,

Apr.

May

Juno

July

1963
Aug.

Sept,

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory)J
_
_._ _ _
Stocks, cold storage, end of month
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), totalj
American, whole milkj

_.mil. lb.
_. -do. _.
$ per lb_.

123.7
181. 5
.612

128. 5
363.4
.594

133.0
260.0
.610

150.3
303. 1
.609

147.5
345. 4
.586

166. 7
386. 9
.586

152.6
429.4
.584

122.4
469. 0
.588

104. 3
456.4
.590

92 4
423. 5
.596

106 7
384 2
.587

105 3
344 8
.590

116 4
318 7
.589

130 5
310 9
.586

mil. lb__
do

135. 9
95.4

130. 9
91.2

111.4
74.1

127. 1
85. 6

139. 1
98.6

167. 5
126.4

168.0
126.5

145.5
107.3

131.0
93.8

118 9
82.7

119 1
78 7

109 2
70 2

117 2
73 2

115 5
75 7

109 5
71 9

429.8
379. 5
6.3

463. 3
420.3
6.5

432. 8
38? 8
5.9

417.2
367 8
6.0

441.0
390 8
6.4

460.1
416 2
7.8

495. 4
452 9
6.1

526. 6
4S3 8
4.5

520.5
481 8
5. 1

493. 1
4*7 1
5. 8

454. 9
421 4
5.6

438 8
3()8 6
9.0

422 1
384 2
9.6

395 9
359 2
38

r 305 4

.409

.400

.410

. 394

.392

.392

.392

.392

.406

.408

409

418

422

5.8
176. 5

6.4
160. 3

5 6
118.2

4.4
149.4

5 2
177.3

8.3
225. 5

6.8
215.0

7 2
188. 5

6.7
171. 5

59
140. 3

7 8
143.0

7.2
134.0

58
143 0

5.0
135. 8

4 5
123.0

6.0
243.6

5.0
178. 4

4. 1
104.7

4.3
64. 4

6.2
95.8

6.2
163.0

3.7
221.5

4 3
258. 9

4 8
271.3

5 6
262.7

5 7
229. 1

6 5
174.2

4 5
141 4

4 9
120. 2

51
93.0

3.9
7.6

4.0
5.5

3 9
10. 9

4.2
4.6

.4
2.4

4 7
2.5

5.9
6.3

4 0
5.4

4 1
61

2 5
2 6

5 6
9 6

5 9
7 4

3 6
2.6

3 4

3 2
2 6

Stocks, cold storage, end of month, total
do
American whole milk
do
Imports
_ do__
Price, wholesale, American, single daisies (Chicago)
_
___.$ per lb__
Condensed and evaporated milk:
Production, case goods:t
Condensed (sweetened)
_ __
. mil. lb_
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of mo.:
Condensed (sweetened)
mil Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
Evaporated (unsweetened^
$ per case
Fluid milk:
Production on farms!
mil. lb__
Utilization in mfd dairy productsc?
-do
Price wholesale U S. average. . _ $ per 100 lb._
Dry milk:
Production :f
Dry whole milk
mil. Ib
Nonfat dry milk (human food)
do._Stocks, manufacturers', end of month:
Dry whole milk
_
do
Nonfat dry milk (human food)
do
Exports:
Drv whole milk
do
Nonfat dry milk (human food)
. _ do __
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ per Ib
GRAIN AND GRAIN PRODUCTS
Exports (barley corn oats rye wheat)
mil bu
Barley:

Corn:
Production (crop estimate grain onlv)
Qrindings wet process

mP bu
do

6.11

6. 29

6.28

6.16

6.07

6.03

6.02

6.03

6 05

6.05

6.05

6 05

6.03

6.03

9, 598
4, 109
4.29

10, 994
4. 684
4.16

11,232
4, 809
3.88

12, 429
5, 609
3.76

11,926
5, 275
3.71

10. 912
4, 349
3.86

10,191
3 797
4.03

9, 636
3 370
4.22

9,740
3, 674
4.34

9, 345
3,541
4. 40

9,813
3. 859
4.29

10, 043
4, 147
4.24

9,470
3. 850
r
4 . 17

6.8
167.8

6.7
180. 9

5.6
177.4

6.4
203.8

7.5
214.3

9.7
253. 0

7.7
236. 5

4.7
182.1

148.4

6 0
127. 5

5.9
136. 0

6.8
140.5

7. 1
167.4

8. 7
171.5

8.0
165. 4

6.4
136.6

6.3
123. 4

7.6
130. 5

6. 1
128.2

7. 1
130.8

7.4
155. 9

7.7
168.8

7.6
142.2

5. 5
118.7

4.2
107.2

4.9
86.4

4.6
83.5

5.1
99.0

7.0
96. 6

6.8
92.0

1.5
21.0

1.1
25.5

.6
18.7

.4
40. 5

1.5
18.9

1.0
25.2

2.3
31.6

.6
30. 0

1.9
20. 9

1 3
22.6

1.8
20.8

2
25. 3

.9
29.7

2 2
8.9

15.5
24.2

.154

.148

.161

.161

.147

. 143

. 142

.142

.142

. 143

. 143

.144

.144

. 144

.144

90. 5

96. 9

110.8

104. 5

101. 3

129. 1

111.2

86.2

90.3

87 9

74.0

83.1

97.8

34.7

99.4

395. 7

1

429. 5

292. 8
215,5.0
M37. 8
5.4

2
2
2

282. 7
159. 2
123. 5
8.3

9.9

'>17. 0
99. 2
117 8
8.5

9.2

16.6

a 123. 7
3 48. 0
3 75. 8
10.4

4.7

5.3

6.6

9.9

6.6

341 1
212.3
128 9
7.2

4.3

4. 7

1.26
1. 20

1.41
1.35

1.39
1.33

1.34
1.28

1.26
1.21

1.22
1.18

1.19
1.14

1.16
1.09

1 13
1 07

1.20
1.13

1. 20
1. 14

1. 17
1.12

1. 18
1.12

1.18
1.12

3, 644
14.3

12. 7

14.7

14.9

14.8

14.8

14.2

15.7

13.9

15.3

14. 1

12.9

13.9

13. 0

1,121
35.5

43.3

3 385
2, 149
1,236
37.4

36.3

42.1

2, 473
1. 549
924
39.4

33.4

32,8

31,640
3 565
31,074
22.9

24.9

41.8

4 222
2, 972
1 250
35.5

12.2

33.1

1.11
1.08

1.07
1.01

1.11
1.06

1.12
1.08

1.15
1.11

1.14
1.11

1.12
1.10

1.10
1.07

1. 11
1.09

1.10
1.10

1.07
1.06

1. 12
1.14

1. 18
1.18

1.19
1.17

2

1.31
1.23
i 3, 626
13.1

Stocks (domestic) end of Quarter total
On farms
Off farms
Exports, including oatmeal
Price, wholesale, No. 3, white (Chicago)

do
do
do
do
$perbu_-

Rice:
Production (crop estimate)
mil bags 9
California mills:
Receipts, domestic, rough
mil. lb_.
Shipments from mills, milled rice. _
do _ _ Stocks, rough and cleaned (cleaned basis), end
of month
mil. lb__
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb__
Shipments from mills, milled rice
_ _ do. _.
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil lb_.
Exports
-do
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb_.

i 1,011

1

2
2, 930
2
1,8()9
2

1

340 7
309 0

10,907
p 4. 03

1.20
1. 14

1.22
1.16

1,032

281

2
632
2558
2 74

2657
2
576

449 1
2J?:J
171 7

345 f>

6 4

10.494
1,291
4.11

mil bu 2 3, 246
21,783
On farms
do
2 1.463
Off farms
do
24.5
Exports including meal and flour _ . _ do
Prices, wholesale:
1.11
No. 3, yellow (Chicago)
$ per bu._
1.06
Weighted avg., 5 markets, all grades
do
mil bu

360. 0

6.30

Stocks (domestic), end of quarter, total

Oats:
Production (crop estimate)

.392 !

r

120 6
328 3
.586

10, 454
4. 267
4.22

1

^tocks (domestic) end of Quarter total
do
On farms
...do
Off farms
do
Exports, including malt§ _ _ _ -___do
Prices, wholesale (Minneapolis):
No 2, malting
$ per bu_.
No 3 straight
do. ._

. 402

r

978
869
109

3277
3229
348

495
432
63

778
701
77

1.7

2.5

2

.2

.2

4.6

6.4

2.2

5.1

5.0

2.6

2.5

1.5

.7

1.67

.69

.65

.70

.72

.73

.69

.65

.64

.67

.65

.72

.77

. 75

.76

i 54. 2

i 64. 5

110
71

126
79

225
172

162
110

121
110

100
68

73
80

74
37

68
53

57
43

177
39

157
76

118
56

189
138

140
146

104

97

107

119

92

90

56

67

45

35

111

140

167

165

128

317
209

364
255

228
296

100
282

54
222

25
212

30
187

22
207

437
179

1,267
269

1,272
345

494
342

274
258

152
213

218
334

826
148
4086

866
193
.094

1,102
186
.098

905
238
.098

732
231
.098

550
223
.098

391
183
.098

208
145
.096

321
86
.088

885
133
.088

1,383
185
.090

1,374
211
.090

1, 303
214
.095

1,196
201
P. 097

1,015
955

(»)

Rye:
Production (crop estimate)
mil. bu._ 127.5 i 41.2
221.0
219.9
Stocks (domestic), end of quarter, total
do
37.9
33. 4 -.-._.__
14.7
23.6 ~~~1~27~
1.25 ~~T25~ ~~T21~
1.22 """I. "29"
Price, wholesale, No. 2 (Minneapolis). _.$ per bu.. 41.20
1.24 "Tio"
1.17
1.23
1.14
~~~l~2if "T23~
~~~1.~19~
r
Revised.
v Preliminary.
{Revisions for 1960 appear in the Oct. 1961 SURVEY; those for Jan.-May 1961 are available
2
i Crop estimate for the year.
Quarterly average.
upon request.
3
Old crop only; new crop not reported until beginning of new crop year (July for barley,
| Beginning Jan. 1960, includes data for Alaska and Hawaii.
oats, rye, and wheat; Oct. for corn).
* Average based on months for which quotations are
cTRevisions for Jan. 1955-Sept. 1960 are available upon request.
available.
» No quotation.
§Excludes a small amount of pearl barley.
9 Bags of 100 Ib.




SURVEY OF CURRENT BUSINESS

S-28
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1961

Monthly
average

April 19G3

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate) total
Spring wheat
\Vlnterwheat
Distribution (Quarterly total)

mil. b u _ _ i 1, 235 i 1,092
i 275
i 160
do
1816
i 1 ,075
do
2316
2332
do

342

21.854
2 305
21, 549

2 1.708
2
260
21,448

1,642
212
1,430

58.2
52.4

49. 2
43.0

57 2
46.3

58. 2
49.9

55. 4
49. 2

64. 5
57. 2

53. 4
48. 1

43. 3
37.7

46.0
40.6

49.2
44.6

34 7
30. 1

31 5
27 9

52. 9
47.9

16.0
14.1

58.3
51.5

2.48
2.19
* 2. 07
2.41

2.45
2.11
2.05
2.40

2.41

2. 46
2.13

2. 50
2. 17

2.52
2. 13
2.32

2.42
2.25
2.07
2.39

2.44
2.23
(5)
2. 45

2.49
2.19
i5)
2.48

2.53
2.31
(5)
2 50

2.49
2 28
(5)
2.48

2.50
2.27
(5)
2.47

2 52
2.30
(s)
2.47

21,839 21,738
' 92. 4
99.5
406
405
49,613 49, 417

20. 334
88.2
378
46,130

23 907
91.9
433
52. 865

21,254
101.6
396
48. 371

23, 807
94.0
443
54. 140

2*> ( 744

20, 584 22, 091
90.8
93. 0
410
3SO
46, 626 r 50, 194

20 676
95.3
381
46, 962

4 378
9
017

9 093

1 r>70

Stocks (domestic) end of Quarter total
do
On farms
- do
Off farms
do
Fxports total including
Wheat only

flour

do _ _
do

Prices, wholesale:
No 1, dark northern spring (Minneapolis)
2. 28
$ per bu__
2^04
No.2,hd.anddk.hd. winter (Kans. City) _ do
<
1. 97
No 2 red winter (St Louis)
_ _ _ _ _ _ do __.
2.25
Weighted avg 6 markets all trades
do__
Wheat flour:
Production:
Flour
thous. sacks (100 Ib.) _ 21,693
93. 3
Operations percent of en pacitv
.405
Offal
'
- - thous. sh tons. _
Oindings of wheat
thous. bti.. 49, 333
Stocks held by mills, end of quarter
24,703
thous sacks (100 Ib >
2,512
Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
$ p e r l 0 0 1 b _ _ 5. 520
5. 166
Winter, hard, 95% patent (Knns. City)._.do

339
3

1 ,305
3
102

3 I 9Q2

2.39

n
2.41

2.43

2.50
2.19
2.12
2. 33

23, 165
95. 1
430
52, 606

20. 421
87. 8
378
46. 225

21. 175
87. 1
396
48, 021

20 125
86 9
375
45, 677

F5)

(*}

326

258

2,071
407
1 , 664

1 813
317
1 , 496

2 4. 584
2, 686

4. 739

4,877
3,647

2,704

3 904

4 290
9
315

2 428

9

5. 909
5. 621

5. 650
5. 267

5. 688
5. 350

5. 775
5. 4S3

5. 900
5. 633

5. 938
5. 683

6. 1 1 3
5.817

6. 175
5. 933

6. 1 13
5. 850

6. 063
5 750

417
1, 664
1.221
' 528

415
1, 695
1, 179
595

362
1 , 468
9f>S
279

461
1,649
1.013
334

383
1.522
1, 130
421

398
1 , 766
1,134
432

342
1 718
997
270

367
1 , 765
1. 167
259

434
1 870
1,288
592

424
I,6f4
1,152
S<>3

24. 46
23. 30
30. 17

27. 20
24. 53
29. 75

26. 04
23. 10
33.50

26. 05
24. 56
35. 50

26. SO

25. 62
24. 18
9
9 00

24.91

30. 00

28. 00

26. 12
23. 75
27. 00

27.88
23. 91
27. 50

5, 469
1, 586

5, 648
1 . 621

5,312
1,491

6 2° 5
1,614

5. 672
1 , 6SO

5 SOO
1,721

5. 041
1,498

4 699
1,424

16.71

16.44

16. 24

1 5. 97

15.66

1 5. 25

16.23

16. 6

15. 3

17.1

16. 5

15. 6

14.9

15 6

1, 253
550
253

1, 224
497
224

1,177
435
127

1.227
441
131

1,173
467
100

1,197
527
189

19. 45
15. 57

17.50
14. 85

17.38
15.38

17. 62
15. 30

21.75
(5)

2,116

2, 150

1 , 953

2.233

2, 068

460
77
80

481
78
109

497
71
72

552
73
M37

579
82
91

!8 4
421
51, 743

2.47
2.33
2. 17
2.45

4, 789
2 150

844

6 000

5. 863
5. 650

P 5. 760
p 5. 483

517
1 898
1.605
1, 571

456
1 686
1,254
1,104

381
1,562
1,115

431
1 . 795
5 1. 150
338

361
1 559

29. 63
25.2!
27. 50

29. 29
25. 38
26 50

29.89
25.79
9
7 00

28. 59
25. 18
30. 00

26. 90
24. 53
p 33. 01

24. 69
21 S9

23. 30
23. 45

5 214
1,507

4.737
1 , 279

6. 643
1,911

6 376
1,819

5, 954
1, 686

6. 333
s 1,820

5. 6*'o
1.555

1 . <;S6

17.24

17.68

18.46

16. 69

16. 34

15. 80

15. 35

14. So

13.78

16 2

17 1

17.5

16. 1

17.3

15 7

15 0

14 0

1° 9

1 . 06°
411
184

1,170
470
151

1,254
528
293

1,272
589
425

1,472
676
523

1,215
454
215

1,098
397
140

1,317
M85
192

1.053
3S1
84

390

23 50
16. 00

21 75
° 16. 00

19. 50
20 50
16. 40 « 16. 56

19. 00
15. 70

18 75
15.82

19 25
(5)

19 25
"17.97

18 50
« 17. 44

2 261

9 087

2 025

2 135

1 895

2 423

2,265

2 146

2 383

9 Q(V?

585
r
87
80

512
119
98

444
81
99

400
71
145

359
r
76
130

389
64
117

463
91
119

506
51
122

502
40

r "57

334

9

953

LIVESTOCK
rattle and calves:
Slaughter (federally inspected) :
Calves
thous. animals _ _
Cattle
do
Wceipts'fsaiable) at" 25 public mnrketst
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Peef steers (Chicago)
$ per 100 Ib..
Steers, stocker and feeder (Kansas City). .do
Calves vealers (Natl. Stockvards, T l l . ) _ . d o
f fop-s:
Slaup-hter (federally inspected) .. .thous. animals..
"Receipts (salable) at 25 public marketsf
do.^_
Prices:
Wholesale, average, all grades (Chicago)
$per!001b__
Hoe-corn price ratio (bu. of corn equal in value
t o l O O l b live hog)
Sheep and lambs:
Slaughter (federally inspected). ..thous. animals..
Receipts (salable) at 25 public marketsf
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs average (Chicago)
$per!001b_
Lambs, feeder, good and choice (Omaha) .do. _ .

17.07
14. 99

4

a

0

996
234

IS 75
" 1 7. 46

MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
mil Ib
Stocks (excluding lard), cold storage, end of
month
_
. . mil. Ib
Exports (including lard)
__ _ d o ^ _
Imports (excluding lard)
do. .

637

87

Beef and veal:
1,051.0
1, 046. 6
927. 6 1,038.7
960. 5 1 110 1 1 075 3 1 081 4 1 190 8
Production, inspected slaughter
do
988 3 1 145 1 1 019 3
975 0 1 134 8
989 5
175.5
163. 5
177.6
170.9
180. 6
Stocks, cold storage, end of month
do
148.7
180. 3
150. 9
129. 6
157.0
201. 9
128.1
143. 1
176.9 r 188. 8 ~~20l!T
9 Q
2.5
2.3
9 fi
1.9
1.9
9 4
2 0
Exports
do
2
8
2 ft
2
3
2
3
1
9
2
0
1 9
r
no Q
55.4
79.0
61 3
97 8
49 3
Imports
do
51 4
89 2
69 1
103 6
73 2
113 3
88 7
86 1
56 9
Price, wholesale, beef, fresh, steer carcasses, choice
.427
.464
.449
(600-700 Ibs.) (New York)
$perlb.
.452
.455
.444
.502
.489
.440
443
. 482
478
487
463
437
408
Lamb and mutton:
59.6
57.9
61.0
Production, inspected slaughter
mil. lb_
58. 9
57.4
56. 4
67 3
57 3
53 2
48 0
58 2
56 8
52 9
65 6
53 1
19.9
14.3
Stocks, cold storage, end of month
do
16. 1
18.3
18.5
17.9
11.0
10.2
14.7
11.8
9.6
15.3
11.8
13.4
-21.0
23.3
Pork (including lard), production, inspected slaueh966. 0 1,132.8 1,049.7 1 094 1
ter
mil. Ib. 1, 005. 0 1, 045. 6
890 1
963 3
849 0 1 210 8 1 188 7 1 118 0 1 189 3 1 019 6
957 8
Pork (excluding lard):
763.1
805.2
Production, inspected slaughter
do
739. 2
877.7
808.1
838 5
731 4
680 5
665 0
740 5
936 0
913 9
859 2
918 0
798 8
200. 1
233.1
Stocks, cold storage, end of month
do
235. 5
315.9
279.7
338.5
233. 6
295. 1
138.5
128.3
211.8
182.1
229.5
249.0 r 275. 4
331.3
5.7
5.3
3.8
4 6
Exports
. -- do
4 3
5 2
6 3
7 3
5 4
6 8
3 6
5 1
6 7
7 9
10 8
14.5
17.0
Imports
.
__ .
do 14.6
16 2
19.2
19 1
17 8
16 4
14 4
18 7
16 0
16 4
17 6
13 0
20 4
Prices, wholesale:
.471
-.491
Hams, smoked, composite
$ per lb_.
- .490
.495
.488
.465
.470
.493
.467
.493
.492
.518
. 531 p . 480
.479
.475
Fresh loins, 8-12 Ib. average (New York) .do
.469
.429
. 450
.425
.463
.552
. 503
.520
.493
.462
.447
.456
.426
.39C
Lard:
Production, inspected slaughter
..mil. lb._ 176. 5
175.3
165.0
185.3
176.0
153 3
186. 1
158 9
168 8
188 3
134 1
200 7
201 2
199 1
161 1
120. 4
Stocks, dry and cold storage, end of mo
do
98.9
103. 4
104. 5
109. 2
123.3
103. 5
96.7
77.3
72.7
73.1
93.3
128.4
148.2
146. 2
34.7
35.2
Export?
do
38.0
33.6
42.4
24.8
50. 5
38.2
34.5
20.9
33.6
49.4
15.9
19.1
37.6
Price, wholesale, refined (Chicago)
$ per lb._
.133
.125
.125
.120
.128
.123
.120
.120
.125
.133
.131
.136
.121
p 116
r
Revised.
P
Preliminary.
e
Beginning
Jan.
1963,
data
are
for
27
public
markets.
1
2
7
Crop estimate for the year.
Quarterly average.
Beginning Feb. 1962, prices not strictly comparable with those for earlier period;
3
Old crop only; new grain not reported until beginning of new crop
year (July for wheat).
monthly average based on 11 months (Feb.-Dec.).
fRevised series.
° Choice only.
4
5
Average based on months for which quotations are available.
No quotation.




r

SUEVEY OF CURRENT BUSINESS

April 1963

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

S-29
1963

1962
!

Monthly
average

Feb.

Mar.

Apr.

| May

June

July

Aug.

Sept. i Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)^
mil. lb__
Stocks, cold storage (frozen), end of month, total
do
Turkeys
do
Price, in Georgia producing area, live broilers
$ per lb__
Eggs:
Production on farms
_mil cases O _
Stocks, cold storage, end of month:
Shell..
_
thous. casesO..
Frozen
mil Ib
Price, wholesale, extras, large (delivered; Chicago)
$ per doz._

593

582

388

456

481

580

573

572

667

658

839

734

562

538

416

322
192

306
199

340
219

293
191

253
156

220
132

205
121

210
123

251
160

331
233

448
340

386
265

335
203

328
198

'291
' 176

254
153

.132

.143

.156

.154

.141

.135

.134

.139

.146

.155

.139

.131

.136

.138

.153

.147

14.3

14.5

13.7

15.9

15.6

15.8

14.6

14.4

13.9

13.4

14.0

13.9

14.5

« 14. 4

13.4

15.8

162
81

186
82

38
40

56
48

52
60

322
85

397
111

343
122

250
120

227
113

236
98

162
77

117
61

64
47

31
38

.355

.334

.330

.310

.306

.269

.266

.280

.343

.416

.377

.394

.367

.354

.370

'28.7
.227

23.8
.208

22.3
.195

25.1
.213

35.7
.208

28.9
.224

37.0
.208

39.0
.205

22.9
.203

8.0
.200

10.0
.201

11.6
.209

14.7
.210

16.6
.230

46.8
.251

MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (inch shells).
thous. Ig. tons__
Price, wholesale, Accra (New York)
$ per lb._

Coffee (green):
Inventories (roasters', importers', dealers'), end
of quarter
thous. bagscf-- 1i 3, 034 i 3, 355
5, 574 i 5, 669
Eoastings (green weight), quarterly total.. .do

3,029
6,088

' 1, 861 ••2,041 '2,311 ' 1, 835 ' 1, 859 '2,011
Imports, total
do
'714
862
'682
From Brazil _
do
'635
758
731
Price, wholesale, Santos, No. 4 (New York)
.363
. 345
.345
$ per lb__
.345
.344
.350
103
110
' 105
Confectionery, manufacturers' sales._
..mil. $._
105
79
94

Fish:
Stocks, cold storage, end of month
mil. lb._
Sugar:
Cuban stocks, raw, end of month
thous. Spanish tons__
United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
thous sh tons
Entries from off-shore, total?
do.
Hawaii and Puerto Rico
do

184

180

154

123

1,550
523

3,964
6 080

3, 376
5,202

3, 050
5 307

1,679 ' 1,990
580
693

2, 074
725

2,075
569

2,281
940

2,530
1,135

1,241
434

2,238
851

.348
73

.348
69

.348
95

.340
141

.340
143

.338
134

.340
106

.340
114

.338
110

.335

155

125

137

157

185

206

218

219

228

231

202

' 175

1,821 ' 2, 591 2,468

2,458

2,458

1,479

934

609

449

324

200

175

975

829
105
39

351
1,558
83

820
133

3,075

' 1.414

265
528
169

273
550
166

93
473
139

47
600
205

93
654
164

39
605
262

56
440
272

46
863
277

71
967
256

122
679
129

629
528
100

928
144
79

808
Deliveries, total
do
801
For domestic consumption
do
7
For export and livestock feed
__do __
1,716
Stocks, raw and refined, end of month. do
510
Exports, raw and refined
sh. tons..
Imports338
Raw sugar, total 9
-thous. sh. tons
106
From Republic of the Philippines
do
14
Refined sugar, total
do

821
813
8
1,598
259

603
596
8
1,974
202

848
841
8
1, 735
134

706
696
10
1,740
194

833
824
9
1,624
225

960
952
8
1,567
270

892
883
9
1,315
194

1, 078
1,067
12
898
336

860
850
10
836
555

833
827
5
1,185
201

778
773
5
1,893
268

'359
102
25

185
33
19

'298
73
8

316
136
26

494
186
17

363
136
53

469
204
'14

308
137
9

400
'71
15

429
38
17

481
58
20

Prices (New York):
Raw., wholesale
Refined:
Retail §
Wholesale (excl. excise tax)
Tea, imports

.

745
835
737
828
7
8
2,257 f 2, 080
291
293

137

338
99
87

157
2
5

365
86
15

.067

.068

$ perlb..

.063

.065

.064

.064

.065

.064

.065

.064

. 066

.063

.066

.064

.065

$ per 5 Ib..
$ per Ib

.570
.087

.569
.089

.573
.088

.574
.088

.564
.089

.565
.089

.565
.089

. 565
.089

.566
.089

.569
.090

.570
.090

.573
.090

.574
.090

.093

thou^. Ib

9, 111

10, 808

9,378

10, 800

11, 782

12,747

8,019

11,303

10. 245

10, 825

10, 725

10, 128

12, 536

7,275

12, 202

204.7

223.8

214.5

214.4

231.7

230.8

227.4

189.0

242.9

221.2

253.4

241.6

197.9

211.2

207.0

116.9

173.8

130.3

142. 7

155.8

177.9

217.3

201. 1

199. 5

198.4

187.2

182.1

167.9

180.7

171.4

177.0

211.2

195. 1

235.8

228.4

234. 9

254.6

230.9

206.1

191.9

191.2

189.0

194.7

176.6

205. 0

154.2

Baking or frying fats (incl. shortening):
Production
_ __ _mil. Ib
Stocks (producers' and warehouse), end of month
mil.lb_.
Salad or cooking oils:
Production
do
Stocks (producers' and warehouse), end of month
mil Ib
Margarine:
Production
do
Stocks (producers' and warehouse), end of month
mil. lb_.
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per Ib

.239

245.0

206.9

223.5

242.4

254. 3

272.8

264.1

253.8

244.0

240.2

248.6

274.4

325.0

281.5

143.6

143.8

140.6

142.9

135. 9

136. 1

129.6

125.9

140.1

137.0

165.1

155. 9

157. 0

173.9

148.0

38.3

39.0

37.7

38.3

37.3

39.9

42.7

39.3

38.0

38.5

37.8

40.3

39.3

49.0

52.4

.268

.256

.270

.270

.270

.270

.258

.246

.246

.245

.245

.245

.238

p . 238

40.8
32.9

36.7
28.4

33.4
29.5

38.9
37.5

32.2
30.1

35.7
31.9

34.5
30.0

32.4
23.1

38.5
26.0

26. 5

29.0

30.3

24.3

20.8

21,7

24.1

33.0

37.7

43.3

259.6
152.7

297.9
158.1

295.7
138.5

269.4
140.1

305.9
161.8

291.0
151.1

.068

FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
35.8
Production (quantities rendered)
mil. lb_.
36.2
33.3
35.5
39.3
31.4
30.7
30.5
28.6
Con sumption in end products
do
36.0
Stocks (factory and warehouse), end of month
25.7
26.8
25.0
24.2
23. 5
mil. Ib—
Tallow and grease (except wool), inedible:
Production (quanti ties rendered) ___
do
296.2 287.8 292.1 287.0
274.7
150. 6
148.4
153. 3
Consumption in end products
do. ._ 144.8
138.6
Stocks (factory and warehouse), end of month
384.6 393.1 425.0
412.3
mil. lb_. 369.4
Fish and marine mammal oils:
Production
__
_ do
21.5
20.3
.4
.3
4.9
7.9
9.3
8.2
8.4
8.3
Consumption in end products . _ ._ ..do
Stocks (factory and warehouse) , end of month
144.0
114.7
101.7
98.3
mil. Ib— 123.7
r
Revised. » Preliminary. ° Beginning Jan. 19f )3, indueles data f or Alask a and Htiwaii.
1
Quarterly average.
^Revisions for Jan.-Aug. 1960 are shown in the Oct. 1961 Su RVEY.




42.5
28.3

305.6
170.9

288. 5
164.3

274.6
120.3

295. 4
166.6

358. 2

340.4

381.2

366.0

364.6

370.6

396.8

396.7

475.0

430.0

31.1
9.0

51.8
9.3

45.1
7.6

32.5
7.8

29.7
7.5

38.3
7.9

7.7
8.3

.6
7.8

'.4
'8.3

.3
7.4

166.7
130.2
161.9
148.2
170.4
149.7
178.2
182.4 r 166. 3
161.8
OC ases of 3C dozen,
cfBag 3 of 132.276 Ib.
9Iricludes d ata not shown seiparately . § Price for Ne w York and Nc>rtheaste rn New
Jersey
AFor data on lard, see p. S-28.

SURVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1962

1962

1961

Monthly
average

April 1063

Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Vegetable oils (total crude and refined) :
Exports
. mil. lb_Imports
_
do
Coconut oil:
Production:
Crude
do ._.
Refined
_
do. .
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Imports
do
Corn oil:
Production:
Crude
.
_ __ do
Refined
__
do_._
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Cottonseed cake and meal:
Production
thous. sh. tonsStocks (at oil mills) , end of month
_ _ do
Cottonseed oil:
Production:
Crude. ._
mil.lb..
Refined
do
Consumption in end products
_
do
Stocks, crude and refined (factory and warehouse) ,
end of month
mil Ib
Price, wholesale (drums; N.Y.)
^$perlb-_
Linseed oil:
Production, crude (raw)
mil. lb_.
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) ,
end of month
mil. lb__
Price, wholesale (Minneapolis) _.
_$perlb Soybean cake and meal:f
Production
thous. sh. tons. .
Stocks (at oil mills) end of month
do
Soybean oil:
Production:
Crude
mil. lb_Refined
- - do
Consumption in end products _
-do
Stocks, crude and refined (factory and warehouse),
end of month
mil. lb_.
Price, wholesale (refined ; N.Y.)
$ per lb_.
TOBACCO
Leaf:
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers', end of quarter total
mil Ib
Exports, incl. scrap and stems
-thous. lb_
Imports incl scrap and stems
do
Manufactured:
Production (smoking, chewing, snuff)
do
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
millions. .
Taxable
do_ __
Cigars (large), taxable
do
Manufactured tobacco, taxable
thous. l b _ _
Exports, cigarettes
millions..

92.6
47.2

141.4
55.1

105. 0
37.4

82 6
49.4

186. 1
53. 9

141.0
51.0

215.4
41.0

41.6
38.6
54.4

136.9
44.3
57.5

38.8
39.8
51.4

41. 5
46. 9
61.7

31.9
45.8
61.6

28.0
47.0
60. 0

313. 6
13.6

243.4
22.1

291.8
7.6

285. 6
15.3

269 9
17.9

28.0
26.8
26.4

30. 4
29.3
26.6

27.8
24. 4
20. 5

31. 5
26.6
24 0

31. 3
28. 7
24. 1

34.6

48.7

42. 1

49. 5

54.1

204.0
108. 4

222. 5
118.1

268. 5
113.6

242. 5
123.4

192.1
156 9

149.5

161. 5
132. 4
108.8

200. 7
164. 3
106.7

182.0

146. 3

110.7

117.9

335.8
.186

419. 6
. 167

488.7
.181

35. 5
31.8

31.8
31.5

1 03. 0
.142

234. 0
38. 6

162.1
57. 1

124. 2
55-5

71.6
70.9

126. 4
72.2

45.5
62.1

35.6
36.0
49.3

30.1
48.5
64.7

37.7
47.0
58.0

44.3
45. 5
61.2

43.1
45.6
54.7

245. 0
19. 0

218.8
16.0

220 6
15. 5

209.4
26. 1

206. 1
15. 5

203.2
38.2

32.3
29. 5
•><> 7

32. 0
26.8
28 9

30.3
28 4
27 1

33.3
34.8
32 1

29.6
28.9
28 5

51. 9

52 1

49.5

130.9
164.0

99.9
155.7

85. 2
133. 9

121.5

98.2
117. 4
112.2

74.9
91. 4
107. 8

477. 5
.179

513. 4
. 176

458. 4
.171

33.4
25. 4

30. 6
32. 9

31.7
34.8

112. 5
.142

140.6
. 152

137.0
.152

778.4
147.2

867.8
86.5

841. 1
89.2

370.2
299. 4
288. 7

407.4
338.9
340.6

704. 5
. 157

791.6
.133

137.5
71.9

43.8
51.2

38.7
42.4
54 8

219.6
31.3

242.8
41.4

240 5
45.3

254 9
37.7

32.2
32. 4
°9 6

30.3
32.1
26 6

26.3
31.8
28 7

31.0
30.0
24 1

27 3
30.9
27 4

49.4

48.8

50.5

44.4

49.3

46 1

103. 2
94.2

237.9
99.5

348.3
92.9

362. 9
99.2

300.0
98.5

322.1
105. 2

290. 5
122 5

63.7
72.8
98 0

75. 1
77.8
107 6

167. 2
113. 3
104.1

243. 9
147. 6
115. 9

255. 4
175. 3
103.4

211.4
162. 5
101 2

228. 3
171.4
104.3

205.2
162. 7
96 1

401. 5
. 169

324.4
. 165

270 7
.161

296.2
.158

379. 5
.155

460.8
. 151

529. 9
.151

598.1
P .152

655 7

23.3
35.4

20.9
36.0

14.3
35 1

27 1
35 2

44.8
31.7

49.0
31.4

39.9
27.4

33.8
25 6

39.1
28 6

135. 3
. 152

121.2
.151

105. 4
.147

79.3
.145

73.2
.138

83.8
.131

99.7
.126

116. 6
. 129

123.4
.127

130. 9
" .127

132.4

899. 1
91.2

840. 3
96.0

891. 4
101.8

794. 0
88.0

807.7
91 2

799 0
72 9

709. 2
85.1

914.8
68.3

988. 2
64.4

981.9
88.8

987.2
99.3

893 3 I
78 7

395.0
312.1
304. 0

422.7
351. 7
347. 9

397.4
318. 1
340. 5

425.4
352. 7
352. 1

376. 6
364.9
378.7

383. 9
314.5
337.0

379.7
339. 9
342. 8

334.4
318. 1
331. 7

428. 6
369. 0
365. 1

452. 3
355. 2
344.2

450. 4
329.6
320.2

456. 2
348.8
328.0

413 1
315 0
326 5 !

959. 2
.145

956. 4
. 142

924.6
. 141

930. 4
. 1 33

808.8
. 128

763. 3

686. 7
.125

607.0
.123

581. 3
.130

629.8
. 129

718.1
.128

703. 6
P .134

824.2

4, 693
39,073
13. 951

23.716
14,182

4,737
?8 491
13, 773

30. 767
13,945

4, 331
29.215 38, 835 r 34, 625
15, 1)54 ' 12, 410 12, 072

34,932
14,123

4 605
77,051
12, 785

45, 907
14, 830

52,993
18,187

5,099
52, 588
10, 335

6,484

30, 926

14,429

14, 066

12, 880

14. 773

13, 988

15,033

14.094

12, 346

15.926

13, 367

16, 499

14, 337

11,212

14.236

3, 296
40, 677
531
14,123
1 . 851

3, 422
41,205
530
13, 770
2. 007

3, 283
35, 836
432
11,754
1 , 982

3. 528
12.615
513
14, 085
2, 097

3. 225
38, 592
510
13,849
2,1*5

45', 004
623
14. 646
1 . 880

3, 537
41,294
535
14, 200
2. 119

3, 208
39, 377
520
12, 766
1, 902

3, 625
47, 303
596
15, 031
2. 062

3, 245
40, 466
515
13, 333
2,188

3,221
45. 461
622
15,711
1,217

3, 661
42, 546
662
13,863
2. 155

3, 514
34, 734
336
11, 953
2,451

2,417
43,467
494
13, 903
581

2,148

32,061

3

M, 580
41.750
13,870

4

T

(2)

(2)

r

23 4 '•
42.3 i
54 0

30 9
28 0 ;

2. 261

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9-thous. $._ 7. 179
209
Calf and kip skins
thous skins
637
Cattle hides
thous. hides..
Imports:
5,357
Value, tota!9
thous. $
Sheep and lamb skins
thous. pieces.. 2, 325
Goat and kid skins
do. .. 1.228
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9^/15 Ib
$ p e r l b _ . P . 63 1
p . 150
Hides, steer, heavy, native, over 53 Ib
do

r

6. 909
171
593

5, 514
179
442

6, 304
237
515

212
452

5, 539
2, 290
1,198

7,615
3.122
1,601

9, 1 1 1
5, 853
1,463

0, 035
1, 687
1-512

7. 067
3. 386
1 , 202

P . 623
P . 152

. 700
.138

.700
.138

. 650
.143

489
1,913
1 , 1 33
2, 330
2. 951
3, 232

LEATHER
Production:
498
533
510
Calf and whole k i p _ _ _
thous. skins..
1, 893
Cattle hide and side kip thous. hides and kips.. 1.895 ' 1,878
1,162
1 , 049
Goat and kid
-thous. skins.. 1.239
2. 658
2, 550
2, 570
Sheep and lamb
do
Exports:
3, 502
3, 163
Glove and garment leather
thous. sq. ft_. 5, 244
2, 821
4, 291
3,019
Upperand lining leather
do
Prices, wholesale:
.710
Sole, bends, light, f.o.b. tannery
$ per lb__ p . 707 p. 711
Upper, chrome calf, B and C grades, f.o.b. tan1.380
nery
— $ per sq. ft.. p 1.401 P 1.326
r
Revised.
p Preliminary.
1
Average based on months for4 which data are available. 2 Not available.
3
Crop estimate for the year. Quarterly average.




7, 944
180
605

7. 518
116
690

8, 506
135
773

6,746
217
582

6, 843
171
581

7, 504
184
672

5,510
125
530

3, 961
39
382

7,104
1^0
625

6,021
2, 782
1,278

4, 921
1,115
982

5, 172
2, 070
1.375

3, 979
1,159
913

4 398
2, 052
954

3, 492
1,103
992

3 361
823
989

2 217
442
897

6 153
2.546
1,782

. 650
. 1 58

. 625
. 163

. 575
. 153

. 600
.158

.625
.168

. 575
.163

.550
.153

.550
.138

P. 500
P .133

505
1.852
1 . 1 00
2, 421

472
1,999
1,211
2, 806

513
1,882
1, 241
2. 643

380
1,533
1,133
1 , 992

537
1,994
967
2, 809

452
1, 795
1, 049
2.435

531
2, 090
1,334
2, 855

532
1,915
1.257
2. 855

472
* 1, 725
1,134
2, 427

515
1,871
1,370
2,714

3. 557
3, 113

3. 506
'2. 499

3. 950
3. 387

2, 249
2, 933

2. 828
3, 105

3. 698
2, 930

4, 196
2.284

3, 879
2. 873

4,615
3, 893

3,221
1,042

.710

.710

.717

.717

P . 697

6. 957
184
r

.713

.717

. 720

.680

.710

.710

1.330

1.323

1.357

1. 350

1 . 333

1.337

1.307
1. 260
1.337
^Data formerly shown in mil. Ib.
9 Includes data for items not shown separately.

1.220 P 1.196

5,777
3, 865

Mar.

SUEVEY OF CURRENT BUSINESS

April 1063

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

1962

Monthly
average

S-31

Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

1

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippersrf
Production, total
thous. pairs_. 49, 442
Shoes, sandals, and play shoes, except athletic
thous pairs
42 303
Slippers for house wear
_.
do
6, 081
553
Athletic
do
505
Other footwear
do _

51,617

53, 037

58, 577

51, 975

52, 498

49, 507

46, 322

59, 295

48, 935

53, 652

47. 244

42, 465

53, 457

50, 922

44 Oil
6,326

47 066
4,943

51 497
5 811

45 374
5 161

44 465
6,615

41 784
6,511

39 833
5 550

49 275
8 585

39 540
7 829

43 308
8 702

38 570
7 375

48, 485
4,084

45 911
4,089

1.067

1,052

586
713

37 391
3,906

179

177

105.5
108 1
110.2

Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper Goodyear welt
__ 1957-59 = 100Women's oxfords, elk side upper, Goodyear
welt
1957-59 — 100
Women's pumps, low-medium qualitv do

560
720

562
466

709
560

166

202

105. 6

105. 8

107 8
111.2

108 3
110.9

728
712

588
830

584
628

352
587

575
860

499

590

489
679

465
423

540
382

192

191

159

131

206

197

215

201

154

105.8

105. 8

105.8

105. 8

105. 8

105 8

105 8

105 1

105 1

105. 1

105. 1

108 3
111.0

108 3
111.1

108 3
111.1

108 3
110.9

108 3
111.2

108 3
111.1

108 3
111.4

106 5
111. 5

106 5
111.4

106 5
111.8

106 5
110.9

2 473
614
1 859

2 603

2 560

2 000

1,940

LUMBER AND MANUFACTURES
LUMBER— ALL TYPES %
National Lumber Manufacturers Association:
Production, total
mil bd ft
Hardwoods
do
Softwoods
do
Shipments, total _
Hardwoods
Softwoods

_

do
do _ _
do

Stocks (gross), mill, end of month, total _-do._ Hardwoods
do
Softwoods
_
do
Exports total sawmill products
mports, total sawmill products
SOFT WOODS t
Douglas fir:
Orders, new
Orders unfilled, end of month

do
do

-

mil. bd ft
do

Production
_
Shipments
Stocks (gross), mill, end of month

do
do
do

2 654

2, 740

2 459

2 678

2 670

3 020

2 825

? 649

3 164

2 911

3 088

2 839

2, 157

2, 204

2 027

2 261

2 209

2 496

2 271

9

2 531

2 291

2 446

2 166

2 705

2, 758

2 537

2 830

2 837

3 157

2 944

2 682

3 058

2 712

2, 540

2, 425

2. 191

2, 523

2,179

2; 108

2 431
602
1,829

2 579

2, 629

2 931
563
2,368

2 7'?8

2,317

1. 985

1,885

5 955
1 3'H
4 631

5 934
1 385
4 549

6 037
1 483
4 554

6 202
1 537
4 665

6, 454
1 720
4,734

6 509
1 723
4 786

6, 596
1 779
4,817

6. 590
1 788
4,802

6,590
1 753
4,837

66
467

64
482

57
490

59
408

58
474

68
357

64
301

58
252

61
410

497

2,170

530
2,227

7 001
1 863
5 138

6,292
1,488
4, 804

536

63
355

Production
do
Shipments.
_ do .
Stocks (gross), mill, end of month _„
do
Price, wholesale, Ponderosa, boards, No. 3, 1" x
12" R. L. (6' and over)
$ per M bd. ft...

r

63
408

432

530
2,007

417

506
2,324

461

520

524

528

554

519

552

097

491

633

535

620

533

642

673

620

603

594

620

655

6 520
1 439
5 081

6 369
1 350
5 019

6, 215
1 291
4 924

6 073
1 287
4 786

54
337

70
400

58
436

78
457

679
504

717
534

757
511

741
500

628
504

721
481

595
445

697
460

628
441

629
507

675
570

621
617

r

T

640
471

672
498

618
577

642
640

655
665
993

706
732

677
688

727
780

1,131

1,105

1, 108

1,050

661
752
958

581
624
927

714
744
893

632
631
894

696
681
886

681
647
914

576
563
928

657
612
943

644
573
994

26
10
17

18
7
11

35
14
22

26
12
14

30
15
15

24
8
15

28
9
18

26
8
18

22
(j
13

27
9
18

27

26
8
18

25
9
17

24
9
15

76.66

v 77. 80

1.126

23
Exports, total sawmill products
,. _ do
10
Sawed timber _ _
do
12
Boards, planks, scantlings, etc
_ _ _ do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
78.43
$ per M bd. ft
Flooring, C and better, F. G., 1" x 4", R. L.
124.
21
$per M bd. ft..
Southern pine:
474
Orders new
__ _ _
mil bd ft
224
Orders unfilled, end of month
do
Production
do
Shipments
do
Stocks (gross), mill and concentration yards, end
of month
mil bd ft
Exports, total sawmill products
M bd ft
Sawed timber
do
Boards, planks, scantlings, etc.. _
do
Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.
1957-59-100
Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100
Western pine:
Orders new
mil bd ft
Orders, unfilled, end of month
do

536

626
573

20

78. 65

76.18

77.88

78.46

79. 03

78. 90

81.29

81. 50

81.39

79.41

77.81

122.52

119.98

120. 41

120. 41

120. 58

120. 10

122. 18

123. 31

124. 73

125. 98

125. 98

503
255

507
271

543
283

523
292

587
286

505
264

502
251

546
246

503
249

542
243

480
•>31

366
225

460
243

425
250

467
472

503
500

476
457

517
531

495
514

572
593

519
527

495
515

560
551

498
500

551
548

493
492

416
372

474
449

448
418

1, 360
5, 827
1,342
4,486

1,366
6,325
1,571
4,754

1, 415
8,924
1,381
7, 543

1 401
5, 299
1. 700
3, 599

1,382
6, 777
1, 634
5, 143

1,361
9,398
4 367
5, 031

1, 353
6,615
1,944
4,671

1 333
5 801
1 787
4,014

1,342
5, 932

1 343
3,880
300
3,580

1 344
5, 543
637
4. 906

1 388
5, 898
673
5. 225

1 420
1,393

1 450
7 614

5, 121

1 340
6 941
2 934
4 707

811

126. 44 » 127.43

305

1,088

92.7

93. 1

93. 6

94.1

94. 4

94.6

94.4

93 5

92.3

91 9

91.8

91 6

91.1

90 9

95.3

94.6

94.3

94. 3

94.5

94.4

94.6

94 3

94.7

94 8

95. 1

95 2

94.9

94 0

758
358

769
400

781
441

764
467

782
461

881
435

809
437

783
445

805
366

742
354

817
358

054
314

698
345

713
403

871
813

761
6,853

587
367

749
759

758
766

1, 858

1,679

728
788

868
907

1,703

1 , 690

1,630

1, 591

1, 568

1 552

1,596

1, 771

715
697
1 789

1,779

604
655

578
623

1 713

1 728

1,683

69.63

67.43

65. 69

67. 38

70. 91

71.49

69.59

69.08

67. 76

66 03

66. 25

65 15

65. 26

P 65. 26

3.1

2 6
10.8
2 6

3.0

2.7
11.0

4 0
11.3
2 8

4.6
11.6

10.2

10.0

3.5
9.0

3 4
10.1
3 0
3 5

2.3
9.7

10.0

3.0
4.0
8.2

3 2
11 0
2 7
3 4

30

11.1
2 8

6.2

2.6
6.1

6.0

30
9.6
26
28
6.0

2
9
2
2

4
8
6
0

3
10
2
2

o
5
8
4

3
10
2
2

0
6
7
6

65.5
43.8
57. 7
57.2
98.3

65. 4
49.3
64 4
62.7
96.9

66.6
51.1
57.2
63. 6
88.4

72.7
49.9
66 8
74.6
80.7

68.9
47.6
66.1
70.9
74.8

67 3
46 9
63 5
68 2
68.9

80 9
46.3
77 9
81 6
64.6

69.8
43.6
66 2
69.7
59.4

66 6
38.0
77 2
75 0
59.9

60 2
32 4
68 8
64 9
61.5

47
29
54
49
48

0
4
0
1
5

67
33
67
63
52

7
3
4
8
1

76
50
58
58
51

0
8
1
6
6

657
720

725
738

784
807

759
775

928
884

871
754

657
667

HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
_ _
mil bd ft
Orders, unfilled, end of month
_ do _
Production
do
Shipments
_ _ _ _ _
d o
Stocks (gross), mill, end of month
do. _.
Oak:
Orders, now
_
do
Orders, unfilled, end of montiK
. do _
Production
do
Shipments __ _ _
_
do
Stocks (gross), mill, end of month
.. do. _.
r

3.1

11.3

3.1
3.0
8.7

64.2
35.6
65.5
65.4
100.8

10.5

2.7
2.9
7.9

65. 7
42.8
65.0
65.9
75.2

2.4

Revised.
» Preliminary.
tRevisions for 1960-Sept. 1961 appear in Census report (M31 A(61)-13).




2.6

2.4
2.6

7.0

2 5

9.7

2 9
3 0

6.3

6.8

6.9

t Revisions will be shown later as follows: Production, shipments, and orders, 1959-Oct.
1961; stocks, 1948-Oct. 1961; exports, total sawmill products, 1961.

S-32
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

SURVEY OF CURRENT BUSINESS

April 1963

1962

1963

1962

Monthly
average

Feb.

Mar.

May

Apr.

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfs. and
ferroalloys) :
Exports total? cf
thous sh. tons
Steel mill products
_ _do
Scrap d*
do
Imports total 9 d"1
Steel mill products cf
Scrap
_

do
-do
do

1,018
166
809

615

168
426

550
169
357

549
153
378

551
149
385

740
150
560

620
158
445

470
140
313

704
214
461

902
204
674

532
142
380

572
189
363

536
164
354

53

174

329
262
21

'424
342
22

321
282
17

392
340
16

370
325
16

509
413
13

'477
364
19

••519
395
66

505
375
15

374
285
15

406
325
20

450
353
23

384
311
20

234
18

340
13

6,078
3,834
2,244
5, 924
8,689

5, 547
3,419
2,128
5. 167
9, 068

4,938
3,058
1,880
4,862
9,196

4,325
2,640
1,685
4,243
9,276

4,890
3,046
1,845
4,967
9,199

4,706
2. 985
1,721
5,025
8,884

5, 530
3,241
2,289
5,509
8,916

5,415
3,252
2,163
5,517
8,807

5,251
3,138
2,113
5,454
8,592

30.18
32.00

26.14
28.00

24.13
26.00

24. 59
26.00

26.86
29.00

26.39
27.00

24.38
25.00

23.58
23.50

25. 25 p 25. 62
26.50 v 28.00

9,050
9,617
11,117 11,039
' 4, 285 4,041

9,061
9,811
' 3, 045

5,580
7,495
7,074
8,108
' 3. 529 3.054

3,225
3, 454
2,476

3,107
1,198
1,461

3,332
1,452
1,374

10,364
7,268
447
87, 495
11,553
69, 367
6,575

6,375
7,366
386
86, 171
11,324
68, 376
6,471

2,789
7, 552
262
83. 221
13. 179
63, 613
6,429

2,379
8.278
81
79. 044
15, 128
57, 720
6,196

52, 641
6,148

Iron and Steel Scrap
Production and receipts, total
thous. sh. tons.. 5,315 5, 494 6,230 6, 805
3,387
4,280
3,206
3. 81 1
Home scrap produced
do
2,107
2, 525
2,109
2,419
Purchased scrap received (net)
-_do
5,513
6,777
5,361
6,183
Consumption
total
do
8,844
8, 534
8,651
8,506
Stock1' consumers' end of mo
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets).
_ _ $ per Ig. ton__ 36.64 "28. 12 36.25 31.98
33.00
35.00 "29.00
38.00
Pittsburgh district
do
Ore
Iron ore (operations in all U.S. districts):
6, 054
4, 016
3,514
5, 983
Mine production cf
thous Ig tons
6,033 r 5,859 r 1, 465 T 1, 546
Shipments from mines cf
do
2, 786
2, 059
1, 552
2,151
Imports cT
do
U.S. and foreign ores and ore agglomerates:
r
8,121 * 3, 136 3, 714
7,759
Receipts at iron and steel plants
do
8,041 ' 9, 683 r 10, 611
8,143
Consumption
at iron and steel plants
do
491
41
79
415 r
Exportsd1
do
76,
458 ' 70, 967 '66,016
81, 930
Stocks total end of mo cf
do
15, 873 15, 378 r 16, 107 18, 559
Atminescf
do
59, 790 ' 55, 293 49, 036 '42, 141
At furnace yards
do
5,787
5,316
5,824
6,267
At U S docks
.
...do __
Manganese (mn. content), general imports^. do

4, 590
3,509
' 2, 443

' 5, 078
9, 609
362
'62, 106
19. 643
'37.609
4. 854
r

9,482
10, 302
3, 712

T

r

' 13, 449 ' 12, 226 10, 540
'12,997 '13,553
' 7, 965 r 6, 747 ' 5, 962 ' 6, 668 ' 6, 762
1,222
654
836
625
853
r
66, 399 ' 71, 956 '77,867 '82,961 '86,675
18, 820 17, 326 15, 364 14,611 13, 997
' 42, 641 ' 49, 447 '56,934 '62,492 ' 66, 271
6,407
5. 858
5, 183
5,569
4,938

1,451
2, 612
7,691
112

86

79

105

99

104

'102

'88

72

71

69

85

33

41

35

116

5,393
5,483

5,477
5,550

6,421
6, 576

7,106
7,198

6, 425
6,392

5,458
5, 304

4, 582
4,605

4,211
4,167

4, 586
4,757

4, 659
4, 825

5,009
5,213

5,094
5,207

5,337
5,356

5,584

5.316

62. 95

Pig Iron and Iron Products

Pig iron:
Production (excl. blast furnace production of fery,. ;_

_ _

_

^.

Stocks (consumers' and suppliers'), end of mo.
Prices:
Composite$ per Ig. ton..
Basic (furnace)
do
Foundry No 2 Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of mo.
Shipments totalcf
do
For sale of
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments total
do
For sale
do
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous. sh. tons..
Index
1957-59=100
Steel castings:
Orders, unfilled, for sale, end of mo.*
thous. sh. tons..
Shipments total
do
For sale total
do
Steel forgings (for sale) :
Orders unfilled end of mo
do
Shipments total
do
Drop and upset
do
Steel products, net shipments:
Total (all grades)..
do
Semifinished products
do
Structural shapes (heavy), steel piling. ..do
Plates
do
Rails and accessories
do
Bars and tool steel, total
do
Bars: Hot rolled (incl. light shapes)
do
Reinforcing
do
Cold
finished
do
Pipe and tubing
do
\Vire and wire products
do
Tin mill products
do
Sheets and strip (incl. electrical), total do
Sheets' Hot rolled
do
Cold rolled
do
Steel mill products, inventories, end of mo.:*
Consumers (manufacturers only)__mil. sh. tons...
Receipts during month
do
Consumption during month
do
TVarehouses (merchant wholesalers)
do
Producing mills:
In process (ingots, semifinished, etc.)
do
Finished (sheets plates bars pipe etc ) do

3,250

3,178

2,961

2,949

3,079

3,276

3,345

3,443

3,368

3,266

3,150

3,075

3, 125

65. 95
66. 00
66.50

65.46
65. 50
66.00

65. 95
66.00
66. 50

65. 95
66. 00
66.50

65. 95
66. 00
66. 50

65. 95
66.00
66.50

65. 95
66.00
66.50

65. 95
66.00
66.50

65.95
66.00
66.50

65. 95
66.00
66.50

65.95
66.00
66.50

63.08
63.00
63.50

62.95
62.95
63.00 p 63.00
63.50 p 63. 50

653
902
514

680
963
527

681
924
474

719
1,061
563

704
1,021
544

674
1,046
572

628
990
553

643
800
452

660
882
551

727
922
523

695
1,045
581

669
988
535

693
892
464

56
60
36

73
72

69
70
40

71
76
42

72
74
50

70
80

69
74

73
57

72
66

76
68

74
81
47

79
77
45

82
70
39

8, 168
100.9

8,194
101.2

9,698
130.1

10, 584
128.3

9,236
115.7

7, 536
91.3

6,692
83.8

6,174
74.8

7,098
86.0

7,251
90.8

7,781
94.3

7,846
98.3

8,080
97.9

153
101
78

183
119
93

198
126
100

189
149
112

206
130
102

190
136
107

172
127
101

176
97
75

173
'113
'88

167
' 101
80

171
112
89

175
106
83

181
109
86

274
99
73

308
113
86

356
118
83

345
132
103

331
122
92

311
123
94

299
122
94

302
97
72

301
109
84

280
101
77

271
116
89

277
108
83

282
97
74

280
115
85

5,510
212
395
496
70
839
532
204
98
589
253
510
2, 147
585
1,013

5,879
231
395
522
86
916
597
199
112
592
259
505
2,373
646
1,126

6,626
289
392
612
102
986
682
159
136
534
261
548
2, 903
783
1, 406

7,699
325
473
720
136
1,164
823
179
152
657
313
691
3,219
871
1,566

6,783
262
434
639
113
1,048
698
211
130
660
302
532
2,794
738
1,371

6, 183
220
431
567
106
980
624
226
122
663
295
564
2, 356
605
1,128

5,360
188
402
453
87
830
500
222
101
676
273
587
1,862
504
822

4, 505
177
351
381
70
701
413
204
78
600
209
506
1,509
421
669

5,402
197
409
438
60
854
516
232
f 99
723
253
571
1,897
530
829

5,125
194
351
430
54
824
522
205
91
623
249
453
1,947
531
875

5,579
217
394
453
68
915
570
233
104
595
266
376
2,297
622
1,077

5,499
225
375
483
73
881
584
187
103
485
238
337
2,401
671
1,148

5,001
211
330
460
68
778
531
147
93
394
199
303
2,257
643
1,090

5,731
236
354
484
71
878
612
144
113
'440
237
539
2,491
680
1, 208

5,604
235
366
514
97
849
593
141
108
433
231
495
2,384
668
1,130

10.6
^4.3
*4.4
3.4

11.0
4.9
4.1
3.5

12.0
5.6
4.6
3.6

12.4
4.9
4.5
3.6

12.1
4.5
4.8
3.6

11.4
3.9
4.6
3.5

10.9
3.5
4.0
3.5

10.5
3.9
4.3
3.4

9.9
3.7
4.3
3.3

9.2
4.1
4.8
3.2

8.9
3.9
4.2
3.2

8.7
3.9
4.1
3.3

'8.8
'4.4
4.3
3.2

8.9
4.2
4.1
3.2

7.2
6.9

8.5
7.5
OfiQS

7.9
7.5
06Q8

7.6
7.5
0698

7.1
7.0
0698

6.7
6.8
.0698

6.8
6.6
. 0698

6.5
6.5
. 0698

6.8
6.3
.0698

6.7
6.3
.0698

6.7
6.4
.0698

7.2
6.8
.0698

7.4
6.8
.0698

7.3
7.0
.0698

OfiQS

OfiQS

' Revised.
v Preliminary.
9 Includes data not shown separately.
cf Scattered revisions for 1959-61 are available upon request.
*New series (Bureau of the Census). Data for steel mill inventories represent industry




8,391
101.7

8,222
110.3

MO, 07
M22.

totals for the specified holders of steel mill shapes; stocks held by nonmanufacturing industries
are not shown. Consumers' operations include fabricating activities of steel producing
companies. For warehouses, data are derived from value of inventories.

SURVEY OF CURRENT BUSINESS

April 1!>C3
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

Monthly
average

S-33

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

286
244
2, 708

Mar.

METALS AND MANUFACTURES—Continued
IRON AND STEEI^Continued
Steel. Manufactured Products
Fabricated structural steel:
Orders, new (net)..
Shipments
Backlog, end of year or mo

343
318
2.723

302
322
2,624

276
289
2,487

221
327
2,481

274
312
2,414

294
357
2,352

292
349
2,406

239
308
2,357

289
367
2,301

326
314
2,316

301
357
2,351

324
315
2,475

478
282
2, 624

328
235
2,609

1,521
1,834

1.404
1,947

1,482
1,774

1,568
2, 063

1,438
1,945

1.425
2, 259

1,460
2,240

1,402
1,992

1,331
2,079

1,421
1, 850

1,277
1,924

1,266
1,816

1,285
1,537

1, 296
1,714

418

431

320

379

395

462

478

512

630

569

437

333

••320

338

157. 7
43.0

177.4
48.0

173.7
50.0

184.2
52.0

179.1
52.0

184.1
41.0

168. 1
46.0

176.2
46.0

185.2
52.0

179.7
51.0

182.4
47.0

184.2
49.0

163. 0

13.5
5.4
10.2

18.9
5.3
12.2

' 23. 2
'5.7
10.4

30.0
6.1
9.7

-33.1
6.0
10.3

38.9
5.2
12.7

27.3
5.3
10.3

29.8
4.0
17.1

27.7
4.4
11.5

25.7
4.4
9.7

22.2
2.3
13.8

22.3
1.7
5.2

21.5
3.4
17.0

190.8
.2400

170.7
.2400

154. 5
.2400

137.8
.2400

132.6
.2400

131.7
.2400

130.8
.2400

148.3
.2400

148.1
.2400

152.9
.2400

140.1
.2254

154. 4
.2250

139.0
. 2250

403.4 464.2
429.0
278. 8 r 317. 5
292.2
124.4 ' 142. 6 134.3
77.3
63.5
73.6

516. 5
344. 1
159.0
81.2

474.1
315. 9
142.2
78.8

499.0
354.3
160.4
83.3

506.6
347. 5
158.8
77.4

449.2
320.4
144.3
60.7

443.8
319.9
137.6
74.3

436.0
293.9
126.3
74.5

477.3
324. 5
143. 5
85.6

473.4 «• 436. 9
318.5 '282.5
139.6 ' 131. 1
75.5
82.9

488.1
331.3
153.9

97.1
129.2
98.4
30.8
21.9

102. 3
134.3
101.2
33.1
22.7

101.3
136. 7
103.7
33.0
18.0

109.5
146.1
107. 9
38.2
23.9

109.5
126. 5
98.6
27.9
22.3

113.8
146. 1
109.3
36.8
24.9

102, 8
145. 8
109.1
36.7
25 2

91.5
124. 5
90.9
33.6
21.0

93.8

89.9
2 249. 3
2 186. 3
262.9
246.8

106.1
132.3
101.4
30.9
25.8

104.2
142.0
104.1
37.9
22.4

101.9
127.9
99.5
28.4
21. 1

99. 5
121. 6
107.1
14.6
22.8

94.5
121. 7
92.5
29.2
25.6

38.4
5.6

40.1
8.2

32.3
6.9

54.1
6.2

16.9
5.9

64.6
5.3

41.4
6.9

47.0
8.1

22.5
7.3

28.3
5.3

62.6
14.1

21.5
6.4

39.9
20.2

26.2
7.6

24.7
6. 6

do
do
do

48.4
32.1
35.7
28.0
124.0 * 134. 2

38.4
31.7
125.4

33.9
27.7
151.0

30.8
26.2
138.8

30.2
27.2
142.6

37.5
34.6
142.9

26.3
22.9
95.8

32.0
27.4
137.6

32.3
28.2
132.9

23.1
20.0
146.1

24.0
21.2
140.6

37.5
35.4
121.8

13.9
12.7
P147. 6

27.3
24.2
P 142. 6

do
do
$ per lb--

187.7 v 177. 5
105. 1 P 102. 0
.2992
. 3060

157. 5
98.9
.3060

155.9
102.2
. 3060

142.4
96.8
.3060

153. 3
98.4
.3060

157. 1
102.5
.3060

206.8
121.1
. 3060

204.2
105.4
.3060

194.4
104.0
.3060

205.9
100.3
.3060

201. 1
100.8
.3060

201.2 '?200. 8 f 199. 6
102. 0 '*>104. 0 P98.2
.3060
.3060
.3060

thous. sh. tons..
do _
...
do__ „

Barrels and drums, steel, heavy types (for sale) :
Orders unfilled, end of mo
thous _
Shipments
_
_do_ __
Cans (tin plate), shipments (metal consumed),
total for sale and own uset
thous. sh. tons..
NONFERROUS METALS AND PRODUCTS

Aluminum:
Production, primary (dom. and foreign ores)
176.5
thous. sh. tons.. 158.6
128.2 v 1 38. 0
Estimated recovery from scrap
do
Imports (general):
r
25. 6
16.6
Metal and alloys, crude
do
4.1
M.9
Plates sheets etc
do
12.6
10.7
Exports metal and alloys crude
do
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons__
Price, primary ingot, 99.5% min
_$ per Ib
Aluminum shipments:
Mill products and pig and ingot (net) At— mil. lb__
Mill products total t
do
Plate and sheet (excl foil) §
do
Castings^
do
Copper:
Production:
Aline recoverable copper
thous sli
Refinery primary
From domestic ores
From foreign ores
Secondary recovered as refined
Imports (general):
Refined unrefined scrap©!
Refined
Exports:
Refined scrap brass and bronze ingotsi
Refined
Consumption refined (by mills etc )
Stocks refined, end of mo., total
Fabricators'
Price, bars, electrolytic (N.Y.)

tons
do
do
do
do
do
do

Copper-base mill and foundry products, shipments
(quarterly avg. or total):
Copper mill (brass mill) products
mil. lb_.
Copper _' ^

f i r J n n r l i f -

~~r?

Lead:
Production:
Aline recoverable lead© .
thous. sh tons
Secondary estimated recoverable©
do
Imports (general) ore© metal t
Consumption total©

do
do

Stocks, end of year or mo.:
Producers', ore, base bullion, and in process©
(ABMS)
thous sh tons
Refiners' (primary), refined and antimonial
thous. sh. tons_Consumers'c?'
do
Scrap (lead-base, purchased), all consumers
thous. sh. tons..
Price, common grade (N.Y.)
$perlb__

258. 2
.2546

153.1
. 2388

517
388
212

578
409
229

21.8
37.7

19.8
36.9

22.1
37.2

23.8
37.1

24.1
35.5

25.1
37.7

24.1
36.6

21.3
31.8

16.8
35.7

13.9
37.3

14.8
40.7

14.4
40.2

14.2
36.7

' 15. 5
37.5

13. 4

33.7
85.6

33.4
90.1

30.6
85.4

45.7
88.0

36.3
83.8

33.8
91.9

30.9
87.6

23.2
77.2

33.8
93.1

36.3
89.2

38.9
103.8

26.3
94.4

25.7
90.2

31.1
99.7

24.1

87.1

581
402
235

607
422
249

100.6

91.0

93.6

93.0

88.3

95. 1

94.3

96.5

87.4

87.7

95.1

91.1

91.0

88.1

144.6
'90.0

200. 0
101.3

203.6
104.3

199.7
106.7

193.7
106.6

188.4
106.0

191.1
102.1

188.4
99.4

179.5
92.0

172.1
90.8

161.9
94.7

144.6
'90.0

134.6
94.4

41.3
.1087

'43.5
.0963

37.2
. 0958

34.4
.0950

33.9
.0950

35.4
. 0950

36.5
. 0950

39.9
. 0950

39.0
.0950

35.4
. 0950

35.6
. 0950

38.1
.0995

' 43. 5 46.8
.1000
.1030

Tin:
Imports (for consumption) :
743
Ore©
Ig. tons-* 3, 324
Bars pigs, etc i _
do
1.810
Estimated recovery from scrap, total©
do
250
As metal
do
6, 520
Consumption, pig, total
_ _
do
4,140
Primary
do

447
3,422
1,800
245
6. 470
4,445

1,038
1,818
1,675
205
0. 970
4, 690

670
4,247
1,890
245
7. 360
5, 280

728
3, 457
1,795
240
6,920
4, 850

622
4,315
1,920
265
7,230
5, 170

1,005
2,383
1,820
235
6, 710
4,735

530
2,784
1,630
270
5. 610
3, 850

60
3,347
1,700
255
6,150
4,175

242
4,042
1,700
240
5,690
3,910

0
2,809
1,990
255
6,080
4, 150

340
4, 086
1,895
260
6, 000
4,030

100
3, 152
1.675
260
5. 515
3. 760

67
do
22, 630
$perlb._ 1. 1327

36
21,715
1. 1461

7
23, 710
1.2106

98
22, 805
1. 2308

3
22, 135
1. 2212

9
20, 510
1. 1719

37.0

43.0

42.3

Exports incl reexports (metal)

Zinc:
Aline production, recoverable zinc
thous. sh. tonsImports (general):
Ores©t
do
Metal (slab blocks)
do
Consumption (recoverable zinc content) :
Ores©
do
Scrap all types
do

38.7
34. G
10. 6
8.1
14.9

42.1
r

39. 0
11.8
7.9
19.8

r

30. 7
11.2

50.0
14.1

-31.9
13.2

7.2
18.2

7.9
22.7

7.9
20.1

r
Revised.
* Preliminary.
* Recoverable aluminum content. Monthly data are
expressed in metallic content (incl. alloying constituents); aluminum
content is about 93%
of metalic content.
2 Data are for Aug. and Sept. 1962. 3 Includes 3,000 tons of tin made
available
by
GS
A
for
disposal
at
a
maximum
rate
of
200
tons
per
week
during
remainder of 1962.
4
Includes tin held by GS A.
« Aug. 1962 consumption of copper-base scrap is included
in Sept.for
1962
data.
Digitized
FRASER



r

1
21
20, 735 20, 225
1. 1302 1. 1145

45
23
19, 695 322, 100
1.0846 1. 0846

4

110
20,865
1. 0876

4

9
20, 575
1. 1078

61
21. 505
1.1064

4

42
3,177
] , 875
215
6, 285
4, 355
4

5
21, 372
1. 1106
r

. 1050

84

1.0854

42.7

38.3

44.7

42.1

46.7

44.0

42.6

43. 6

41.0

53. 3
9.2

' 45. 2
9.8

40.2
13.8

34.2
8.2

40.0
11.5

39.7
11.7

34.0
10.2

32.1
14.4

31.9
8.7

32.2
7.9

8.6
21.8

7.8
20.8

!«.' 8

5

7.7
31. 7

8.1
21.7

7.6
19.2

8.5
17.8

7.6
10.1

5

.1050

4
3, 664

43.9

7.8
6. 2

.3060

590
422
227

535
390
212

205. 6
99. 1

Price, pig, Straits (N.Y.), prompt

.2250

1. 0922

§ Effective with Feb. 1962 SURVEY, excludes shipments of foil; see note in Mar. 1963 SURVEY.
ABeginning Jan. 1963, net shipments of ingot derived by new method to include imports
not previously included.
©Basic metal content.
J Scattered revisions for 1960-Feb. 1961 will be shown later.
of Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
© Revisions for 1961 are shown in the Nov. 1962 SURVEY.

SURVEY OF CURRENT BUSINESS

S-34

1962

1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

Monthly
average

April

1962
Feb.

Afar.

Apr .

Juno

May

1963

July

Aug.

Sept.

Oct.

Nov.

Dec.

!

Jan.

Mar.

Feb.

METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous. sti tons_.
Secondary (redistilled) production
do
Consumption, fabricators'
do
Exports
do
Stocks, end of year or mo.:
Producers', at smelter (AZI)A-do
Consumers'
do
Price, prime Western (St. Louis)
$perlb._
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, cast iron:
Shipments
mil sq. ft. radiation-Stocks end of year or mo
do
Oil burners:
Shipments
thous
Stocks end of year or mo
do
Stoves and ranges, domestic cooking:
Shipments total (excl liquid-fuel types) . do
Oascf
do

70.6

MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fan^ and blowers new orders
mil $
TJnit-heater group new orders©
do
Foundry equipment (new) , new orders, net
mo avg shipments, 1947-49—100
Furnaces, industrial, new orders, net:
Electric processing
mil $
Fuel-fired (exc for hot rolling steel)
do

Metal forming tools:
Orders new (n6t)
Domestic
Shipments
Domestic
Estimated backlog

74.4
4.9
85.2
4.1

79.5
6.0
93.0
4.8

78.7
5. 1
86. 4
6.5

78.9
4.1
91.1
2.5

68.9
4.1
80.3
2.4

66.8
4.0
66.7
2.4

69.1
3.7
79.4
1.6

70.6
4 0
83.3
2 1

72.7
5.3
89.4
35

71
4
86
3

7
4
1
5

T«0
3 9
81.5
16

76.2
38
84.8

4

3 2

145. 5
93.8
.1154

149.6
r
75. 5
. 1162

144.7
86.6
.1200

138.7
86.3
.1200

144. 6
83.9
.1150

145. 3
76.1
.1150

147.1
72.5
.1150

162.4
72.8
.1150

167.9
68.7
.1150

168.9
61.6
.1150

159.4
63. 1
.1150

154. 2
68 0
. 1150

149.6
r
75. 5
.1150

157.1
71 8
.1150

154.7

154.2

.1150

. 1150

2.6

1.2

1.0
2.9

1.1
2.6

1.0
2.8

.6
3.2

.8
3.4

1.0
3.4

.9
3.0

1.3
2.7

1.4
2.5

1.6
2 1

1.1
2 1

.7
2.9

2.9

44.4
44.8

39.9
51.2

32.3
52.2

39.8
55.6

28.8
62.8

36. 4
64.0

41.3
65.4

31.6
64.1

50.1
62.2

62.0
55.2

62 7
52.7

34 4
53.0

>• 26. 7
r
49.9

32.2
51. 0

155.8
152. 5

166. 7
Ifi3. 6

1")7. 6
155.0

175.6
172.7

163.2
159. 7

168. 3
165. 5

167.4
164.4

142.2
139.3

182.0
178.4

186. 5
182.5

195. 9
191.6

165. 2
161.9

147.6
145. 5

149. 2
147.4

145.8
88.1

157. 0
94.1

79.8
42. 1

117.9
78.6

84.7
44.8

110.4
54.6

138. 0
88.6

161. 6
95.4

277.2
154. 0

251.8
150. 0

281.3
160. 5

201.5
142. 7

»• 93. 5
62.2

102.1
59.2

102.9
80.6
204.7

108. 9
87.1
217.7

81. 0
65. 1
191.4

86.9
70.7
216.0

90.5
75. 1
201.8

98. 7
81 . 6
195. 8

107.2
88.5
232.2

111.8
89 9
201.2

134.5
105. 2
226.1

154.4
117 4
194.4

153. 3
117 6
255. 6

111.1
87 6
238. 4

90.4
74 5
251.8

94.1
77 2
210.2

140.8
U5.7

Tl

40. 2
i 16. 2

145. 3

98.5

163.4

114.3

182.5

324.6

161.2

114.1

116.6

175.3

106.9

177.1

173.0

1.2
2.8

1.4
2.6

1.0
1.5

1.1
2.9

1.2
3.4

1.7
2.1

1.2
3.9

1.2
1.6

1.0
1.6

1.1
1.9

1.1
5.1

.8
1.7

.8
.8

1.8
3.4

103.4
89.6

112.6
106.8

108.5
79.7

115.8
101.5

115.6
107.5

131.3
107.9

129. 4
118.7

110.2
111.2

104.7
119.2

109.8
109.4

121.0
119.3

100.6
122. 3

99.2
109.3

134.1

385
380

500
471

357
326

506
523

541
388

535
533

492
560

568
524

517
420

528
506

527
503

525
504

576
538

573
536

483
600

1,639

2,232

1,278

2, 185

2,180

2, 272

2,641

2,368

2,681

2,525

2,881

2,249

2,195

1,730

1,765

mil. $__ 46. 35
31.40
do
42.30
do
28.60
do
5.0
months..

44.80
36.70
47.85
35.15
4.2

33. 95
26. 30
42.10
30.15
4.7

44. 60
35. 30
55. 40
38. 65
4.4

43.70
34.45
48.70
35.30
4.3

51. 65
41. 65
54. 60
36. 40
4. 1

50.00
40. 25
60.00
41. 90
3.9

46. 60
37. 45
39. 45
28. 95
4.0

38. 50
33.20
39.50
29. 65
4.1

39. 35
31.60
43.70
33.70
4.0

48.30
41.90
44. 75
34. 75
4.1

47. 25
40. 65
48. 05
38. 85
4.0

51. 65
43.30
55. 15
43.00
3.9

46. 20
' 37. 40
>• 35. 80
r 29. 75
"4.2

54.30
45. 45
43. 80
34. 85
4.7

10.90
8.20
12.40
9.30
3.6

14.60
11.65
12. 40
9.30
4.6

15. 15
13.05
11. 95
8.30
3.7

18. 75
14.10
12. 00
9.45
4.4

16.20
11.60
1 1 . 65
8.10
5.0

11.95
9.60
12. 10
9. 25
5.1

13.40
10.40
13.70
10.40
5.0

14.00
9.40
12. 50
10. 65
5.0

12. 50
9.15
11.40
9.15
5.1

10.75
9.85
9.45
7.35
4.9

16.30
14.35
16. 90
12. 70
4.7

14.65
12. 25
12. 70
9.40
4. 7

15. 15
14. 10
14. 15
10.55

T

18.80
16. 05
14.05
10. 05

mil $
do
do
do
months

ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous_.
Household electrical appliances:
Ranges (incl built-ins), sales, totalt
do
Refrigerators and home freezers, output^
1957-59=100..
Vacuum cleaners, sales billed
_ thous
Washers, sales (dom. and export)©
do
Driers sales (dom and export)*
do

i 237. 4
i 59. 4
i 18.6
i 55. 2

1

254. 9
66. 1
20. 0

220.7
61.0
13.6

1
1
1

325. 3
81.9
30.8

957 8
64 0
21 4
59 8

52 2

97 1

138.2

190 6

142 3

215 7
57 7
14.2

r
r

13. 95
12. 20
13. 30
11.50
'4.8

2

16 9

2

49 8

5.2

57. 0

48. 1

67.8

i 130. 2

132.2

153. 1

i 181.3

197.7

219.1

237. 6

2, 359

2, 540

2,466

1, 776

1, 551

1,770

1,967

2. 143

2,591

2,979

3, 540

3,197

3, 287

3. 522

127.5

137.1

132.2

154. 9

131.0

136.0

146.4

114.2

128.5

154.2

140.3

136.6

141.8

124. 6

149. 9

107.0
273.6
278.9
98.8

119.2
309. 3
305.5
116.4

121.4
304. 5
289.6
106.3

135.2
330.2
334.0
104.9

134.0
290.7
265.2
69.6

122. 7
282.9
296. 0
57.6

144.7
247. 3
334.9
70.2

116.9
236.8
264.2
83.9

75.6
301.5
348.7
125 6

123.0
355. 1
389.2
175.5

114.3
366.0
337.0
181 7

114.1
366. 7
292. 1
162. 8

117.5
329. 1
250.8
143 0

100.1
322.9
293 3
129 2

122. 5
356. 9
300. 8
115 7

1,464.8 3 1,810.4
541.5 3 659.3

1,472.7
510.6

1,444.1
474.6

76.6
155

76.3
166

78.4
160

13.1
2.5

13.3
2.0

13.8
2.4

For month shown.

73.1
160

85.9
185

11.9
2.3

13.6
2.4

3 For 5 weeks.

3

1,721.9 1, 134. 2
336.4
3620.7

1 253 8 32,196.4 1,835.9
570.0
500.7 3 731. 5

60.5
119

80.1

79.9

12.4
1. 7

11.9
2.2

12.8
2.2

157

144

AProdueers' stocks, elsewhere, end of Mar. 1963, 24,600 tons.
c? Includes data for built-in gas fired oven-broiler units; shipments of cooking (ops, not
included in figures above, totaled 24,500 units in Jan. 1963.
tRevisions for gas heating stoves (Jan.-June I960), warm-air furnaces (Jan. 1959-June
I960), and material handling equip. (1954-61) are available.
©Beginning 1961, excludes new orders for gas-fired unit heaters and duct furnaces; revisions for 1960 are shown in the Apr. 1962 STJRVEY.




4.7

r

107. 4

1

1,447.8 1, 596. 8
Radio sets, production §
do
514.8
539. 3
Television sets (incl. combination), prod.§...do
Electron tubes and semiconductors, factory sales
78.5
75.9
mil. $
134
Insulating materials, sales, indsx
1947-49—100
Motors and generators:
i 150
New orders index, qtrly
do
New orders (gross) :
12.3
12.4
Polvphase induction motors, 1-200 hp..mil. $
2.3
2.2
D C motors and generators, 1-200 hp . do
2

3(>. 4
17 6

154.7

Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
Farm machines and equipment (selected types),

1 Quarterly average.

r

'37.2
15.1

45. 8
18.4

1.0
2.6

Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
total 9
mil $
Tractors tracklaying total
do
Tractors wheel (con off-highwav)
do
Tractor shovel loaders, integral units only

f Revised.

r

Ml. 3
13.6

1.0

96.9

Material handling equipment (industrial):
New orders indexf
1957-59—100
Shipments indexf
do
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (gasoline-powered),
shipments
-- number __
_

4.2

73.8
4.6
84.5
3.0

4.6

Stoves, domestic heating, shipments, total. --do
Qasf
do
Warm-air furnaces (forced-air and gravity air-flow),
shipmentSv totalt
thous__
Gas
do
Water heaters gas, shipments
- do

Machine tools:
Metal cutting tools:
Orders new (net), total
Domestic
Shipments total
"Domestic
Estimated backlog

77.6

r

1 735 3 31,741 9 1 <;)29 5 1 389 7
484. 4
517.3 3 519. 8
557. 9

79.4
152

75.6
14?

72.0

72.4

12.2
18

11.2
19

11.8
2 4

11.4
•> 5

3

1 583 '>
3 702.R

145

9 Includes data not shown separately.
t Re visions for 1960 appear in the Feb. 1962
SURVEY.
KNote change in reference base; data prior to 1960 on 1957-59 base are available.
©Data exclude sales of combination washer-drier machines; such sales (excl. exports)
totaled 2,800 units in Feb. 1963.
*New series (Amer. Home Laundry Mfrs. Assn.); data cover gas and electric types.
§Radio production comprises table, portable, auto, and clock models: television sets
exclude figures for color sets. Data for Mar., June, Sept., and Dee. 1962 and Mar. 1963 cover
5 weeks; other months, 4 weeks.

SURVEY OF CURRENT BUSINESS

April 1968

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

| 1962

Monthly
average

S-35

1962
Feb.

Mar.

Apr.

May

Juno

July

1963
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

1,611 ' 1, 345

Feb.

Mar.

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. i 1, 454
193
Stocks in producers' yards, end of mo
do
120
E xports
do
PricesRetail, stove, composite
$ per sh. ton-- 28.14
13. 347
Wholesale chestnut f o b mine
do
Bituminous:
Production
_
-thous. sh. tons
Industrial consumption and retail deliveries,
total 9
thous. sh tons
Electric power utilities
do
Mfg and mining industries, total
. do
Coke plants (oven and beehive)
do
Retail deliveries to other consumers

do

1, 519
159
98

1, 509
149
108

1,254
156
53

1,315
193
112

1, 336
217
159

904
195
162

1,325
171
226

1,190
159
173

1, 525
124
228

1,660

1,511

156

208

215

28. 63
13.050

29.10
13.930

29. 10
13. 930

28.88
11. 998

28.14
11. 998

27.75
11.998

28.00
12, 488

28.09
12. 488

28. 11
12, 978

29. 06
13. 468

29. 08
13. 468

29.14
29.14
13. 930 P 13.930

!33,581

35,250

33,207

36,403

34,313

37,046

37,673

22,169

39,080

34,237

40,385

37,349

33,204

131,200
14, 969
113,856
1
6, 157

32,315
15, 903
14,006
6,189

34,474
15, 443
15, 490
7, 046

35,773
16,172
16,429
7,695

30,874
14, 137
14,914
7,179

29, 852
15, 134
13, 828
6, 437

28,443
14, 987
12,570
5,478

27. 940
15,332
11,579
5,141

30,073
16, 288
12,239
5,361

29, 371
14, 995
12, 223
5, 350

31, 960
15, 968
13, 436
5, 574

32, 875
16, 441
13, 597
5,503

36,703
18,213
14,654
5, 860

39, 865
19, 684
15, 470
6, 132

2,311

2. 349

3, 541

3, 169

1,794

798

796

947

1,455

2, 065

2,464

2, 752

3,814

4.. 710

64, 523
43, 596
20. 521
9, 408

63, 222
42, 194
20, 726
9,405

64, 185
43.171
20, 718
9,431

66, 402
44, 965
21,039
9,666

69, 327
46, 782
22, 079
10, 355

66. 098
45,153
20, 468
8. 257

68, 489
47, 340
20, 619
8.277

70, 241
49, 274
20, 445
8,180

72, 818
51. 442
20. 867
8,622

73, 578
51, 793
21, 242
8,849

69, 691
48, 975
20, 234
r
8, 305

63. 810
44, 906
18, 514
7,340

1,404

Stocks, industrial and retail dealers', end of
month, total9
thous. sh. tons.. 69,126 ' 67, 960
47,618 r 46, 665
Electric power utilities
do
20,970 20, 845
Mfg and mining industries, total
do
9,680
9,044
Oven-coke plants
do

T
r

70

r

36, 870

33, 065

538

449

406

302

296

398

466

477

530

522

509

543

482

390

2, 914
Exports
do
Prices:
Retail, composite
$ per sh. ton.. 17.12
Wholesale:
2 5. 018
Screenings, indust. use, f.o.b. mine
do
7.541
Domestic large sizes f o b mine
do

3, 201

2, 421

2, 426

2,854

3, 790

3, 530

3,087

4,165

3, 949

3,993

3. 643

2, 656

2,223

17.30

17.45

17.45

17.43

16.97

16.89

16. 95

17.00

17. 31

17.55

17. 54

17.62

17.62

4. 918
7.443

5.018
7.717

5.018
7.700

3 4. 932
3 7. 329

4.932
7.164

4. 914
7.179

4.914
7.271

4.914
7. 300

4.914
7.539

4.914
7.608

4. 914
7.742

4.914 » 4. 914
7. 858 v 7. 858

* 4, 236
1,256

66
4.259
1,312

92
4,868
1,218

96
5,155
1,338

69
4, 928
1,170

57
4, 453
1,337

53
3,788
1.392

42
3,552
1,339

48
3, 692
1,369

50
3,692
1,302

62
3. 852
1,323

64
3,824
1,267

54
4.034
1,368

64
' 4, 246

«5 4, 398
3, 030
1,369
1, 064
37

3,901
2,799
1,103
1.053
33

3,761
2, 614
1, 147
1,053
16

3,637
2, 501
1,136
1,071
22

3, 651
2, 507
1,144
1,031
39

3, 775
2,624
1, 150
1,014
28

3, 835
2,700
1,135
1,012
31

3,978
2,838
1,141
1,048
34

4, 065
2,971
1,094
1,010
51

4.174
3.094
1.079
1.044
48

4.131
3,084
1,047
1,037
38

4, 019
3,024
994
1,080
12

3.930
2. 949
981
1,176
52

' 3, 771 3, 487
' 2, 832 2,614
873
__.
21

1,821
2.97
248.9
82

1,781
2.97
255.8
84

1, 553
2.97
242.0
86

1. 546
2.97
254. 0
82

1,527
2.97
243.0
81

2,126
2.97
256.3
83

1,732
2.97
258. 8
86

1,711
2.97
264.4
85

2,028
2.97
262.5
85

1,499
2.97
252.7
84

2. 023
2.97
256. 1
83

1,730
2.97
251.0
84

1,830
2.97
263.6
85

« 1, 809
2.97
269.4
87

306.9

317.2

297.8

326.3

311.2

312.6

305.4

313.7

319. 5

311.4

322.6

320. 0

330. 7

344.1

218.5
30.2

223.0
30.9

209.1
29.2

228.7
32.0

221.7
30.3

223. 0
30.4

217.7
29.1

224. 0
31.0

224. 2
30.4

219.6
30.2

228.4
31.5

223. 2
31.9

228.8
33.3

226.4
33.5

31.8
26.5
3.4

34.3
29.0
.9

31.6
27.9
-13.1

31.8
33.9
-10.8

32.2
26.9
19.8

34.2
25.1
14.6

33.8
24.7
14.1

35.9
22.8
17.6

40.3
24.5
17.3

34.4
27.2
21.1

35.8
26.9
11.0

33.3
31. 6
— 15 9

31 3
37.2
—26. 7

41.0
43.1

do

303.6

316.2

310.9

337.0

291.5

298. 0

291.3

296. 2

302. 2

290. 3

311.6

335.9

357. 4

385. 4

do
..do
do
do
do

.3
5.0
298.3
127.8
12.0

.1
5.0
311.1
132.0
13.7

.1
5.0
305. 8
109.2
16.0

.2
4.6
332. 2
130.4
15.0

.1
4.9
286.4
129.5
10.6

.3
5.2
292.5
140. 7
9.0

6

()
4.8
286. 5
140.4
9.2

.2
5.0
291. 0
142.5
10.9

5^2
296. 8
147.2
10.6

.1
5.7
284. 5
126. 4
12.0

()
4.0
307. 6
136.9
13.6

2
4^8
330. 8
133.2
16.2

.1
5.6
351.6
125.6
19.7

.2
4.1
381.1
9
124. 4
9 22. 6

57.9
45.7
8.7

61.0
45.4
9.4

82.4
50.4
7.3

75.6
55. 6
9.6

53.7
40.5
8.9

44.6
38.6
10.0

40.0
34. 5
10.4

40.6
33.7
8.7

36.6
35.0
10.1

44.4
38.8
11.6

51.3
43.1
8.9

72. 0
52. 4
8.4

89.8
58.9
8.9

« 103. 2
* 65. 0
9.8

3.5
9.0
19.5

3.6
9.5
21.3

3.5
3.6
20.8

3.6
4.8
22.7

3.8
6.9
18.4

4.0
11.2
17.8

3.7
13.8
17.5

3.6
14.9
19.0

3.8
17.2
18.4

3.5
13.3
19.5

3.9
13.3
20. 8

7! 8
22.8

3.0
3.8
27.6

3.8
3.4
928.4

7 814. 3
do
249.4
_ do _
35.9
do ...
?
529. 0
do

820.6
248.1
35.2
537.3

774. 9
240.2
30.0
504. 7

764. 1
245. 6
30.2
488.2

783.9
255. 9
32.8
495.2

798.4
255.7
35.3
507.4

812.5
247.7
37.3
527. 4

830.1
242.4
39.1
548.6

847.4
243.6
40.3
563. 5

868.5
244.2
40.4
583. 9

879. 5
251. 7
39.3
588. 5

863. 6
256.3
36.7
570. 6

836. 9
252. 0
31.4
553. 5

9 792. 9
249.2
24.0
9 519. 8

131.8
.5
188.6

118.9
.4
205. 7

129.9
.1
206. 0

123.6
.6
200.4

131.9
.3
192.4

132.7
.6
185.5

139.7
.6
183.1

136. 6
.8
173. 0

132.5
.8
179.9

132. 7
.8
176.4

131.3
.4
175.4

139. 2
.5
190.1

9
135. 4
.3
9 201. 0

Retail dealers

COKE
Production:
Beehive
_
_
Oven (byproduct)
Petroleum coke§
Stocks, end of month:
Oven-coke plants total
\t furnace plants
\t merchant plants
Petroleum coke
Exports

do

thous. sh. tons
do
do
do
do
do
do
do

1, 595

184

33. 320

2, 54S

65
3,958

PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed..
_
Price at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio

_

.number..
$ per bbl
mil bbl
% of capacity

All oils, supply, demand, and stocks:J
New supply, total
mil. bbl
Production:
Crude petroleum
do
Natural-gas liquids, benzol, etc
do
Imports:
Crude petroleum
do
Refined products
do
Change in stocks, all oils (decrease, — )
do
Demand, total
Exports:
Crude petroleum _
Refined products
Domestic demand, total9
Gasoline
Kerosene
.
Distillate fuel oil
Residual fuel oil
Jet fuel

_

_ _.

Lubricants
Asphalt
.
Liquefied gases..

do
do
do

Stocks, end of month, total^
Crude petroleum
Natural-gas liquids
Refined products^
Refined petroleum products: J
Gasoline (incl. aviation) :
Production
Exports
Stocks, end of month

do _
do
do

6

do
do
do .

127.7
.7
189.5

Prices (excl. aviation) :
Wholesale, ref. (Okla., group 3) ._$ per gal
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
. _ __$pergal

.117

.113

.098

.090

.115

.115

.120

.120

.120

. 120

.120

.120

.113

p. 105

.205

.204

.198

.198

.195

.198

.198

.202

.216

.209

.207

.212

.204

.202

_

' Revised.
*> Preliminary.
1
2 M onthly a verage b ased on Apr.Revisions for Jan.-June 1961 will be shown later
Dec.8 data.
Data beginning April 1962 are not entirely coiiiparable with ea rlier dat a; Mareli 1962
prices comparable with later data: Screenings, $4.932 ; domestic, $7.882
*5 Revisions for Jan.-May 1961 will be shown lat er.
Revisions for Jan.-Aug .1960
appear in the No^r.1961 Si RVEY. « Less th an 50.000 bbls.
T
8
See note marked "T'Beginning Jan. 1963, data ex(jlude con densate wells fon nerly




.193

includ ed.
9 See note 2 for p. i3-36.
9 Includes data no t shown separatel
nonmark etable ca talyst cc ke.
ncludes
§1
Minor re visions f or Jan. 1959-Sept . 1961 forvarious items wi11 be sho wn later
Beginnirig Jan. 1 961, dat a for the indicate3d items include stocks formerly e xcluded .
Dec. 1 960 data on re vis ed basis maybe derived Dy addirig to the publish ed totals and individilal stock s the following a mounts (thous. bbls.): J 3t fuel he Id by pijCeline co mpanies,
414; b ulk term inal stoc ks-lubn cants, 2, 429; asph alt, 2,84<); miscell aneous oils. 131.

S-36
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

SURVEY OF CURRENT BUSINESS

April 1963

1962

1963

Monthly
average

1962
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued!
Aviation gasoline:
Production
- mil. bbl_.
Exports
- -do
Stocks end of month
, __do
Kerosene:
Production
do
Stocks end of month
_ _ -do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal._
Distillate fuel oil:
Production
mil. bbl_.
Imports
- do_ __
Exports
- -do
Stocks end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gaL.
Residual fuel oil:
Production
mil. bbl_.
Imports
do
Exports
_ .do
Stocks end of month
do
Price, wholesale (Okla., No. 6)
$ per bbL.
Jet fuel (military grade only) :
Production
mil. bbl
Stocks end of month
. do
Lubricants:
Production
do
Exports
- do
Stocks end of month
do
Price, 'wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal
Asphalt: '
Production
mil. bbl
Stocks end of month
_
_ do
Liquefied petroleum gases:
Production
_
do
Transfers from gasoline plants
do
Stocks (at plants, terminals, underground, and
at refineries) end of mo
mil. bbl.
Asphalt and tar products, shipments:
Asphalt roofing, total
thous. squares-Roll roofing and cap sheet
do
Shingles all types
- do
\sphalt siding
Insulated siding
Saturated felts _

_

do
do
thous. sh. tons..

9.9
.6
11.7

10.2
.4
10.5

9.2
.3
11.3

9.9
.1
11 2

97
.4
10 6

11.1
.2
10.3

10 8
.5
10 6

11 3
.5
10 2

11 0
.5
9 8

10 4
.6
10 1

99
.6
10 0

98
2
10 1

10 0
.3
10 9

9.6
.2
12.1

11.9
31.0

13.1
30.6

14.7
25.3

12 8
23 3

11. 1
24 2

11.4
27.3

11 5
30 1

13 3
33 2

12 6
35 7

12.4
36 7

13 5
37 3

13 7
35 3

15.6
31 7

3 15.7
326.1

.109

.104

.113

.110

. 104

.104

.099

099

.099

099

.099

.101

.106

p. 106

58.1
1.4
.6
127.6

60.0
1.0
.7
133.4

61.2
.6
.7
100.0

62.1
7
.9
86 5

54 4
15
.5
88 3

57.5
15
.4
102 3

58 5
10
3
121 5

59 4
7
.4
140 6

59 0
5
.5
163 0

58 2
10
.9
177 0

59 3
7
.5
185 2

57 4
5
10
170 2

64 7
5
12
144 5

370.8
1.1
1. 1
3 111.7

.099

.092

.103

.100

.094

091

.086

.086

086

086

.086

.091

.096

p. 096

26.3
20.3
1.2
45.8
1.58

24.6
22.0
1.1
46.6
1.58

26.5
22.9
1.6
39.5
1.65

26.9
27 5
1.4
37 1
1.65

22.9
20 4
1.0
39 3
1.65

23.3
18 2
1.5
41 0
1 55

23 2
17 0
10
50 7
. 155

22 9
16 3
1i
54 1
1 55

23 1
17 8
8
55 7
1 55

22 5
19 3
6
54 I
1.55

23 6
26 5
9
51 2
1.55

28 2 328.2
34 5
30 2
9
.8
50 0 346 9
1 55 v 1.55

80
7.6

8.6
8.7

7.1
8.1

87
8.3

87
85

q 3
8.3

22 2
16 8
8
44 9
. 155
9i
82

85
81

9 7
87

88
84

95
Q 4

92
10 8

6 9
97

9.8

4.9
1.4
12.7

5.1
1.5
12 8

4.7
.9
13 4

50
1.2
13 6

53
18
13 3

50
1. 7
12 7

51
15
12 5

53
16
12 5

50
15
12 2

53
19
12 2

5 3
10
12 6

50
14
12 5

54
18
13 1

13 3

.260

261

.260

.260

260

260

260

260

260

260

260

260

270

p 270

8.5
1
16.0

9.1
16.3

5. 1
16. 6

7.0
19.0

85
20.8

11 3
21.3

11 7
19 9

12 7
18 4

12 7
14 4

11 8
13 6

10 4
11 4

7 g
11 6

61
14 3

50
16.3

6.6
13.3

6.4
14.9

6.0
14.6

6.7
15.8

6.3
12 5

6.7
12.0

6 5
11 7

67
12 6

6 3
12 2

6 2
13 6

6 0
14 3

6 1
16 4

69
20 2

34.6
3 22 7

34.4

33.6

27.7

27.7

30.4

33.5

35 8

37 6

39 4

39 7

38 6

35 2

29 0

19.6

5,131
1,778
3,352

5,463
1,936
3,526

2,531
903
1,628

5, 814
1,584
4,229

4. 396
1.641
2 755

5, 181
1,865
3 316

6,250
2,140
4,110

6,289
2,262
4 027

6,964
2 501
4 463

6,469
2 470
3 999

7,588
2 955
4 633

5,286
1,984
3 302

3,665
1 162
2 503

4,165
1,534
2 631

71
85
77

68
77
85

36
38
48

62
59
78

50
79
83

58
102
87

61
99
94

68
99
89

83
116
97

83
100
90

103
108
105

80
64
88

57
31
65

67
42
85

3 737
3 794
5 366

3 716
3 601
5 470

J

1

7 7

51

1.1

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
__ ___thous. cords (128 cu. ft.) _Consumption
do
Stocks, end of month
do
Waste paper:
Consumption
thous. sh. tons..
Stocks, end of month
do

3,465
3 516
5,769

3 662
3 666
5 225

3,793
3 578
5 522

3,830
3 834
5 493

3 353
3 689
5 116

3 694
3 894
4 915

3 697
3 733
4 852

3 503
3 344
5 002

4 197
3 870
5 321

3 480
3 500
5 314

3 945
3 867
5 393

3 556
3 689
5 251

3 323
3 314
f) 255

751
517

749
498

729
481

795
479

760
496

111
493

762
494

672
507

778
493

738
476

793
505

737
523

666
529

2,210
100
1,285
214

2 319
106
1 358
214

2,234
102
1 334
212

2,410
119
1 413
220

2, 345
105
1 368
221

2,464
111
1 447
223

2,368
106
1,390
215

2,118
86
1 242
193

2,471
110
1 452
226

2 237
98
1 302
195

2 465
106
1 426
239

2 347
111
1 370
206

2 098
100
1 219
195

2 438
121
1 436
224

2 279
115
1 353
213

do
_ __ do
-do

267
102
242

280
106
255

275
93
218

289
110
260

275
110
265

295
116
272

288
112
258

260
101
237

295
114
273

270
105
268

297
115
282

284
109
267

260
89
235

286
2 114
2258

273
114
213

do
do
do
do

899
326
509
64

878
297
509
72

837
284
488
66

882
298
511
72

872
295
504
73

898
324
499
75

904
329
500
75

881
297
511
73

916
321
522
74

873
290
513
69

876
297
508
72

894
295
525
74

864
256
531
77

do
do
do ...

98
36
62

99
40
59

99
47
52

83
32
51

87
38
49

113
45
67

106
35
72

96
38
58

101
49
52

100
35
65

81
32
48

106
38
69

122
52
70

75
21
54

136
60
76

do_. .
do
do

206
13
192

232
23
210

238
18
220

233
25
208

234
28
207

231
21
210

241
23
218

209
23
186

242
23
219

223
21
002

264
25
238

244
25
219

211
24
187

200
21
179

226
21
205

Paper and board:
Production (Bu. of the Census):
All grades, total, seas, adj.* thous. sh. tons..
All grades, total, unadjusted
do
Paper ._
do
Paperboard
.
do
Wet-machine board
do
Construction paper and board
do

2,965
1,312
1,370
13
270

3 086
3,059
1,321
1 442
11
285

3 161
3,366
1,452
1 583
12
320

3 169
3 164
1 393
1 476
11
285

3 146
2 843
1 265
1 332
10
237

WOODPULP
Production:
Total, all grades
thous. sh. tons_.
Dissolving and special alpha.
do
Sulfate
do _ _ _
Sulfite
do
Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of month:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
Exports, all grades, total
Dissolving and special alpha..
A.11 other

-

Imports, all grades, total
Dissolving and special alpha
All other
. PAPER AND PAPER PRODUCTS

3,134
3,149
3,088
3,132
3,013
3,277
3,139
1,372
1,441 1,396
1,326
1,546
1,458
1 471 1,431
11
11
12
11
277
245
274
278
r
Revised. *> Preliminary. J See note marked "V' on p. S-35.
2
Effective Jan. 1963, "screenings, etc.", included with "defibrated or exploded."
3
Beginning Jan. 1963, data for the indicated items exclude certain oils which have been
rcdassified as petrochemical feedstocks.




3,160
3,132
3,069
3, 155
3,180
3,278
2,838
3,298
1,440
1,216
1,404
1,370
1,534
1,342
1,572
1,514
8
12
12
11
311
293
284
272
JSee similar note on p. S-35.
*New series; data prior to Dec.

1961 will be available later.

-

SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

1962

Monthly
average

Feb.

Mar.

Apr.

May

.Time

July

1963

Sept.

Aug.

Nov.

Oct.

Jan.

Feb.

101.4
107.4
94.1
96.2

101.4
107.4
94.1
95.6

101.4
107.4
94. 1
95. 5

Dec.

Mar.

PULP, PAPER, AND PAPER PRODUCTS— Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board — con.
Xo\v orders (American Paper and Pulp Assoc.): *
All grades, paper arid board
thous. sh. tons_"VVholesale price indexes: *
Printing paper
1957— 59 = 100
Book paper, A grade _ _ _ _ _ _ - - do
Paperboard
do
Building paper and board
do
Selected types of paper (APP A ) :
Fine paper:
Orders, new
thous. sh. tons..
Orders unfilled, end of month
do

r

r

2, 822

3. 130

3, 030

3, 287

3.122

3, 222

3,144

2, 942

3, 228

3.098

3,353

- 3, 082

101.7
106. 1
92. 7
100. 8

101.4
107.6
93. 1
97.2

101.4
106.6
89. 9
98. 4

101.4
107. 2
93. 0
08.2

101. 4
107. 8
93.9
97.9

101.4
108. 2
94. 0
97.7

101.4
108.2
94. 0
95. 5

101.4
108.2
94.0
96. 3

101 . 4
108. 2
94. 0
97. 1

101.4
108.2
94.0
97.1

101. 4
107. 4
94.0
96.3

101.4
107.4
94.1
96.6

157
84

- 161
88

160
97

181
101

164
97

163
85

167
86

149
97

153
87

150
83

169
82

r

152
-75

- 147
-74

172
90

2,982

Production
Shipments
Printing paper:
Orders new
Orders, unfilled, end of month

do
do

160
156

- 166

162

159
153

175
178

171
165

174
164

169
162

14°
144

167
166

159
157

175
178

-160
- 160

- 151
-148

166
164

do
do

402
368

* 421
'371

428
397

478
415

429
409

435
385

405
356

392
377

412
371

417
381

431
353

-374
-318

-402
-328

447
346

Production
Shipments
Coarse paper:
Orders, new
Orders, unfilled, end of month

do
do

389
388

-414
417

402
402

449
449

423
423

440
440

418
419

366
367

423
423

406
406

444
444

-419
-419

-392
-392

431
431

..do
do

334
154

-337
154

314
175

347
160

324
149

340
139

325
140

295
142

360
152

331
153

365
158

-345
- 145

-315
- 140

361
159

do
do

331
330

••341
-334

335
332

354
351

342
337

362
354

329
321

294
291

356
332

329
321

359
359

-363
-360

-311
-313

351
345

do
do
do

561
559
225

£58
557
249

515
469
268

578
532
315

525
543
296

574
601
269

566
573
261

527
529
260

568
575
252

552
558
246

618
646
218

609
625
202

506
530
178

518
433
264

444
420
287

do
do
do

i 174
i 174
i 40

179
180
39

169
170
42

187
186
43

173
180
36

190
187
39

188
182
44

165
169
40

188
182
47

171
179
39

188
192
35

183
184
34

166
176
25

190
183
32

174
168
37

455

465

415

481

487

499

457

423

442

479

511

508

441

376

356

620

586

586

587

550

547

557

587

621

599

609

597

604

606

004

-456
Imports
do
' 2 453
Price, rolls, contract, delivered to principal ports
$ per sh. ton.. 134. 40 134. 40

-388

439

426

484

499

453

-453

418

543

458

470

359

371

134. 40

134. 40

134. 40

134. 40

134. 40

134.40

134. 40

134. 40

134. 40

134. 40

134. 40

Production
Shipments
Newsprint:
Canada (incl. Newfoundland):
Production
Shipments from mills
Stocks at mills end of month
United States:
Production
Shipments from mills
Stocks at mills end of month

_ _

_ _

Consumption by publisherscf
do
Stocks at and in transit to publishers, end of
month cf
thous sh. tons

Paperboard (National Paperboard Assoc.):
Orders, new
thous. sh. tons..
Orders, unfilled, end of month
.
do
Production, total
_ __
.do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments t
mil. sq. ft. surf. area-Folding paper boxes, shipments, index of physical
volume
1947-49=100..

i

.

134.40 » 134. 40

1,400
461
1,394
91

1.473
468
1,471
92

1, 401
483
1,389
96

1, 588
466
1 , 603
97

1,432
468
1, 432
94

1, 563
460
1, 583
95

1,530
451
1,539
97

1,356
496
1,281
80

1, 594
476
1,608
98

1,433
486
1, 409
92

1,608
493
1,610
96

1, 457
452
1,474
91

1,333
414
1,369
83

1, 456
455
1,410
95

9,563

10. 173

9,036

11,145

9. 463

10, 442

10,362

9,207

11,421

10,360

11,546

10, 589

8,985

10, 169

124.0

124.1

115.1

127.2

118. 9

129.4

125. 9

113.8

137.2

120.4

134.1

129. 0

120.3

119.3 "113.4

35. 95
74 06
33 29
.274

43.70
64 22
32 67
.288

38.28
69 83
42 24
.295

36. 31
69 77
36 70
.300

40.98
68 35
30 67
. 290

98 -142. 97
87
98 98
32 -262 58
47
29 28

138. 55
114 93
276 88

1,417
464
1,413
495

9,407

1 . 596
485
1, 572
97

10,645

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons..
Stocks, end of month
___do _
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.).- .$ perlb__
Synthetic rubber: ©
Production
Consumption
_
Stocks, end of month
Exports

_

35.61
38.21
68.65
68.44
32. 58 - 35. 13
. 296 v . 285

r3

thous. Ig. tons__ 117.00 -131. 19
91.85 103. 58
do _ _
do
245.55 -257. 19
24 75 - 25 31
do

Reclaimed rubber:
Production _
Consumption
Stocks, end of month

do
do
do___

36. 18
69 59
32 78
.283

39.63
69 52
- 30 20
.286

37. 47
68 51
33 20
.289

40. 45
64 98
37 84
.298

39. 40
62 50
- 28 64
.283

127. 17
95.85
255 02
24 43

138. 52
103 89
261 84
27 99

1 30. 25
100 27
261 88
25 80

131.95
109 72
259 18
21 90

124.61
107 76
254 62
- 25 97

24 38
22 64
30 89

239 17
2 24
30 85

24 10
22 87
28 59

25 22
23 34
29.66

21.99
20.86
32. 15

23 38
21 83
29. 78

22 30
21 01
30. 27

9,728

11, 156

10 369

11 278

10 906

11 712

9 859
2, 838
6, 90S
114

11 055
3, 495
7,430
130

9 036
3 227
5, 680
129

10 915
3 657
7 149
109

11 565
3 735
7,717
113

12 084
3 958
8 002
123

do
do

26, 128
81

27. 086
89

28, 109
64

28, 523
86

27, 838
75

do
do
do
do

3 91°4
3 80
9 146
66

3 403
3,442
8 913
81

3 605
3' 679
8 131
50

4 009
3 589
8 714
109

3 413
3 240
8 794
83

33. 50
69 75
37 09
.273
125
90
263
24

11
76
94
77

37.23
68 75
35 40
.274
126.
103
256
29

80
25
65
38

129.
100
256
32

75
17
26
71

22 20
20 70
28 93

19 76
18 83
29 29

22 78
21 01
28 67

11 959

10 411

10 722

10 651

11 873
3 406
8 357
110

11 941
3 336
8 492
113

10 202
l'531
8 531
140

11 °08
3 307
7 731
170

27, 506
86

27, 627
91

26, 031
99

26, 533
103

26, 079
111

3 497
3 223
9 075
69

3 277
3 393
9 066
96

3 116
3 280
8 907
86

3 026
3 910
8 772
80

3 108
2 974
8 963
90

134.
119
252
15

28
36
00
94

134.
105
254
23

48 75
.284

71

29 93
95 40
93 53
29 47

23 65
21 32
30 22

21 24
20 12
30 52

12 856

10 844

10 621

12 430

11 709

13 043
4*349
8 528
166

11 041
4 206
6* 696
140

8 778
3* 698
4' 944
136

11 225
4' 113
7 019
93

9 935
3 600
5 509
1 96

26, 050
75

26, 039
100

27, 899
103

29, 054
24

31, 693
97

3 881
3 534
9 290
62

3 141
3 251
9 280
79

3 141
2 640
9 898
89

3 954
5 074
8 938
11

3 595
3 572
8 974
99

26 64
24 63
28 95

9

TIRES AND TUBES
Pneumatic casings:
Production
.
Shipments, total
Original equipment.
Re placement equipment
Export

_thous
. _ _.

Stocks, end of month
Exports (Bur. of Census)
Inner tubes:
Production .
Shipments
Stocks, end of month
Exports (Bur. of Census)

_.

do
do _
do
do

]
- Revised.
* Preliminary.
Includes Alaska and Hawaii beginning July
1961.
3
- Revisions for 1961 (thous. sh. tons): June, 464; Oct., 506; Dec., 448.
Revision for
1961 (thous. Ig. tons): Nov., 36.54.
*New series. Data prior to 1961 will be shown later.
d* As reported by publishers accounting for about 75 percent of total newsprint consumption in 1961. Alaska and Hawaii are represented beginning Jan. 1961.




J Revisions for Jan. 1959-Mar. 1961 are available upon request.
® Revised effective with the June 1962 SURVEY to include data for stereo and other elastomers (except polyurethane rubbers) as follows: Production and consumption, beginning
Jan. 1961; stocks, beginning Dec. 1960.

S-38
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

SURVEY OF CURRENT BUSINESS

April

1962

1963

Monthly
average

1962
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

33 669
90
33, 120

33 926
87
36, 498

29 339
78
27 346

2*> 940
59
16 753

18 289
47
14 559

14 750
42
14, 735

32 521
17 831

29 901
15 302

32 324
14 931

42 261
22 286

42 288
28 093

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
thous bbl 26, 950
74
thous. bbl._ 26,889

Production finished cement
Percent of capacity
ShipmentiS, finished cement - Stocks, end of month:
Finished
Clinker

do
- do

15 309
45
14, 477

20, 454
54
21,269

28 089
77
27, 990

33 719
88
33, 677

32 304
88
33, 625

33 388
86
35,611

36 132
93
40, 669

35, 879 36 683 40, 626 39, 817
25,021 24 083 28, 956 32, 891

39 958
32, 767

40 076
30, 031

38 684
27, 942

36 453
'>fl 189

31 964
20, 480

28 027
75
27. 892

r

r

38 531
17 9'?0

r

CLAY CONSTRUCTION PRODUCTS
Shipments: J
Brick, unglazed (common and face)
mil. standard brick. _
Structural tile, except facing
_thous. sh . tons..
Sewer pipe and fittings, vitrified _
_ do
Facing tile (hollow), glazed and unglazed
mil. brick equivalent..
Floor and wall tile and accessories, glazed and unglazed
mil. sq. ft__
Price index, brick (common), f.o.b. plant or N.Y.
dock
1957-59=100..

535. 6
39.7
145.8

586. 2
37.5
146.0

358. 4
27.8
87.6

503. 5
31.3
125. 7

649.9
35.2
159.3

725.8
39.0
175.8

668.7
36.1
172.5

676.6
39.2
170.0

718.2
37.8
186.3

608 9
34.6
158 7

688 5
39 9
166 1

618 0
39 4
144 3

499 4
31 4
124 2

476 3
25.4
126 7

35.3

34.5

23. 2

29.1

34.9

36. 5

35.5

37.4

42.9

34 7

40 2

37 2

35 5

32 6

19.0

21.4

17.7

20.8

20.3

22.6

22.0

21.0

24.8

21 0

24 0

23 3

21 0

23 0

103.8

104.9

104.9

105. 1

105.1

104.9

104.9

104 9

104.9

104.9

104 8

104 8

105 0

105.1

GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total and qtrly.
average)
thous $ 1 65, 113 71, 506
127. 743 31, 612
Sheet (window) glass, shipments
do
37, 370 39, 894
Plate and other flat glass, shipments
do
Glass containers: \
Production

T

14, 496

13, 103

14, 480

14.016

13, 633

r

14, 170

11,905

13,975

13, 452

15 090

1,582

1,173

1,396

1,251

4, 085

3, 559

3,886

1.007
1,807
1,289

1,166
2,089
1,263

859
1,354
1,122

do
do
do

2, 985
1.007
142

3,066
786
134

do

21,582

22,626

1,242
' 2. 375

1.355
2. 459

1,019
2,038

1,364
2,609

1 542
2,706

1 495
2 482

2.062

2. 205

1,916

2 312

2 429

2 161

981
67

643
67

1,132
68

1,111
67

1,037
68

256
257

226
207

273
271

287
297

239
254

396.2
411 6
1, 483. 9 1, 657. 9
58.9
56.6

335 5
1,395.1
46.2

426 4
1, 736. 4
67 1

448 1
1 822 8
66 6

374 7
1 670 7
55 6

Shipments domestic total
do
General-use food:
Narrow-neck food
do
Wide-mouth food (inch packers' tumblers,
jelly glasses and fruit jars) thous gross
...

do
._ do
do

.

Medicinal and toilet
Chemical household and industrial
Dairy products
Stocks, end of month

77 470
35 014
42, 456

69 574
32,677
36, 897

64 322
26, 613
37, 709

13. 957

thous gross

B e verage
Beer bottles
L/iquor and wine

74, 658
32, 144
42, 514

1,492
3, 904

r

15 753

16. 327

14 515

14 999

13 347

r

15, 535

14 113

17, 312

16 328

14 396

13 003

r

1 256

1,487

1 606

3,082

2 845

1 579

1 086 r i 057

1 208

3,492

4 126

4,139

3 968

5 035

4 517

4 699

4 171

r 3 5Qg

4 148

1,169
1,939
1,377

1, 568
2,071
1,196

1,707
2, 651
1,261

1,717
2,929
1,284

1 389
2, 705
991

1 104
2,391
1 296

758
2,811
1 326

799
1 451
1 563

968
1 213
1 528 r i 743
1 433 r I ^38

831
1,579
1 203

2,964
764
110

3,277
811
120

2,966
796
112

3,097
869
123

3,035
826
118

2 618
724
112

3 357
879
168

3 123
778
170

3 345
809
151

2 997
674
146

2 789
143

3 312
717
130

22, 779

23, 066

23, 256

23, 205

23, 392

24, 656

23, 394

21, 195

21,412

21,590

21,777

22,931

15 209

15 978

!2 738
l° 308

r 557

14 418
13 128

GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons
Production
do
Calcined production qtrly avg or total

do

Gypsum products sold or used, qtrly. avg. or total:
Un calcined uses
thous sh tons ' 1.000
65
Industrial uses
do
Building uses:
Plasters:
256
Base-coat
do
264
All other (incl Keene's cement)
do
Lath
Wallboard
All other §

mil sq ft
do
do

TEXTILE PRODUCTS
APPAREL
Hosiery, shipments...
Men's apparel, cuttings: cf
Tailored garments:
Suits
Overcoats and topcoats

thous. doz. pairs.. 14,008

14, 355 ' 13, 960 14, 952

13, 124

14,310

14, 680

12, 428

17, 236

13,711

16, 438

14, 593

11,671

14,834

14, 459

thous. units..
do

1,572
389

1,789
366

1, 726
214

1,881
281

1,873
370

1,796
470

1,649
500

1,200
354

2,002
533

1,750
442

2,126
452

1,878
360

1,712
210

2,167
220

1.834
247

Coats (separate), dress and sport
do
Trousers (separate), dress and sport
do. _.
Shirts (woven fabrics), dress and sport.thous. doz.
Work clothing:
Dungarees and waistband overalls.
do
Shirts
do—

815
8,641
1,878

1,064
8,535
2.084

1,005
8,514
2,137

1,124
9,849
2, 258

1,079
8,824
2,042

1,124
9,312
2,245

1, 067
9,075
2,003

672
7, 559
1, 563

1,191
10,028
2,208

960
8,247
2,021

1, 160
8,915
2,216

1,080
7,527
2,287

1,096
6,406
1,872

' 1, 128
'9,003
2,191

1,068
8,384
2,156

264
304

311
310

295
325

308
324

308
338

332
331

315
326

303
256

387
334

302
289

321
341

285
312

271
250

318
293

321
314

2,006
20, 855
764

2,124
21, 178
782

2,437
21,482
1,140

2,566
26, 654
1,109

1,275
26, 143
673

1,223
27, 130
583

2,064
20,800
815

2, 274
17, 782
726

2,688
21, 804
728

2,318
18, 135
535

2,692
20, 624
624

2,545
18. 806
689

1,948
1,393
14, 679 •121,031
667 ' 1, 080

2, 353
21, 902
1,123

Waists, blouses, and shirts
thous. doz
1,245
1,365
Skirts
do....
663
727
r
Revised.
i Revisions for 1960 are shown in the Apr. 1962 SURVET.
JRevisions for Jan.-Mar. 1961 will be shown later.

1,508
661

1, 656
740

1,557
757

1,566
905

1,237
780

1,226
804

1,372
893

1,159
700

1,520
775

1.369
658

1,332
683

1. 400
705

Women's, misses', juniors' outerwear, cuttings:^
Coats.
_
_
thous units
Dresses
do
Suits .
do




916
468

cf Revisions for Jan. 1959-Oct. 1961 are available upon request.
§ Com prises sheathing, formboard, and laminated board.

Mar.

SURVEY OF CURRENT BUSINESS

April 1963

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1961

1962

Monthly
average

S-39

1962
Feb.

Mar.

Apr.

May

June

July

1963
Aug.

Sept.

Oct.

Nov.

9,156

12, 061 U2..937 3 14, 627

Jan.

Dec.

Feb.

Mar.

TEXTILE PRODUCTS—Continued
COTTON
Cotton (exclusive oflinters):
Production:
Qinnings§
thous. running bales.. 1 14, 325 i 14, 860
Crop estimate, equivalent 500-lb. bales
thous. bales.. M4,318 114,863
Consumption^
_ ..
.. do
Stocks in the United States, end of mo.,
totalt
do
Domestic cotton, total...
_
...do
On farms and in transit
. do
Public storage and compresses
do
Consuming establishments
do
Foreign cotton, total
do

710

727

731

<868

713

699

1,501

4,681

<690

693

661

4

823

4

590

790

659
15, 918
15, 803
914
13, 268
1,621
115

321
12

381
5
29.4
33.7

392
5
30.6
33.8
111
156
689

302
4
32.2
33.8

361
3
33.6
33.9

425
1
33.6
34.1

124
124
694

105
85
655

103
58
598

18, 978 18, 987
1 7. 105 17,107
9, 597 Ml, 668
480
467
8,622 MO, 535

18. 806
16, 901
9. 501
475
8. 506

.670
.941

.661
.938

4

464
1
33.4
34.0

299
3
31.8
33.0

383
1
31.0
33.1

211
(7)
30.1
33.4

2
29.7
33.8

125
223
614

101
222
696

99
180
729

< 114
194
811

106
170
827

18, 689 18, 712
16, 543 16, 495
9,131 * 11,565
463
457
8,034 4 10, 134

18.730
16.395
9.253
463
8, 035

18, 7.50
16, 374
8,450
422
7,317

18,611
16, 222
11, 206
448
4
9, 705

18, 541
16, 029
9,316
466
8,044

139
89
32.6
33.4

163
24
33.2
33.0

85
51
576

105
69
524

101
157
539

18, 817
16, 869
9,510
476
8,481

18, 761
16, 773
* 9, 697
388
4
8, 621

18, 798
16, 731
9,432
472
8,382

.661
.938

.656
.936

.656
.931

4

157
3
32.6
33.0
4

109
130
543

108
141
633

105
174
662

Ppindle activity (cotton system spindles) :1i
Active spindles, last working day, total. -thous... 19, 037
17,330
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total
mil__ 9,764
450
Average per working dav
do
8,887
Consuming 100 percent cotton
do

18, 832
16, 795
9,920
459
8,816

18. 990
17,127
9,574
479
8,615

.647
.926

.660
.938

.670
.958

2,292

2,318

11.8

10.8

12.3

11.9

11.4

11.0

10.1

12.2

9.2

5.5

5.4

4.9

4.8

4.9

5.0

5.1

6.5

5.4

.47

.51

.43

.42

.44

.47

.51

.55

.56

.56

.54

39, 618 35, 428
57, 001 '34,381

39, 091
30, 757

34, 061
28, 562

31, 823
30, 960

29, 797
37,819

29, 561
46,474

thous bale**
do
do

667

'13,447 '14,612 '13,166 '12,054 '10,894 ' 9, 826 ' 8, 711 7,831 '21,521 '20,724 '19.752 '18,792 '17,823 '16.815
'13,373 ' 14, 526 '13,084 '11,980 '10,828 ' 9, 772 ' 8, 661 7,789 '21,404 '20,600 ' 19, 628 '18,675 '17,717 '16,693
' 3. 770 ' 3, 402
'407
190 '13,574 '10,840 ' 6, 759 ' 4, 299 '1,951
'682
'354
'257
'458
1,012
7,794
8,331
9,386
9,470 10, 338
7,448
6,661
6,095
6,597
8,631 11, 655 12, 997 14, 304 '14,142
1.809
1,969
1,744
1,504
1, 233
1,214
1,654
2.064
1,462 ' 1, 539
2,090
2,137
1,129
1,379
75
'74
65
54
49
42
124
86
82
106
117
116
124
'122

533
"Exports
do
14
Imports!
.- -- do_
Prices (farm), American upland
cents perlb.. ' * 32. 8
' * 33. 7
Prices middling 1" avg 14 marketsc?
do

Cotton linters:
Consumption^
Production
Stocks end of mot

717

287

31. 9
34.0

COTTON MANUFACTURES

Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2 carded weaving
$ per Ib
36/2 combed knitting
do
Cotton cloth:
Cotton broad woven goods over 12" In width:
Production, qtrly. avg. or total
mil. lin. yd_.
Orders, unfilled, end of mo., as compared with
avg. weekly production
No. weeks' prod-Inventories, end of mo., as compared with avg.
weekly production
No weeks' prod
Ratio of stocks to unfilled orders (at cotton
mills) end of mo season all v adjusted ©
Exportst
Imports^

thou^ so yd
do

Mill margins!
cents per lb._
Prices, wholesale:
Denim mill
finished
cents per yd
Print cloth 39 inch, 68 x 72
do
Sheeting class B 40-inch 48 x 44-48
do

'39,117 '34,691
21, 254 38, 671

.670
.956

2,435

2, 425

38. 660 42, 111
41,140 '42,860

4

.651
.926

. 651
.924

9.4

10.1

10. 3

11.1

9.8

5.6

5.7

5.8

6.2

5.9

.55

.56

.60

.62

31, 094
27, 388

32, 684
38, 019

.654
.931

.651
.924

p. 646
p. 921

2,234

' 2, 180

9.4

31, 15^

53, 689

24.49

25.24

24.94

25.09

25.38

25.06

24.90

25.10

25.23

25.70

25.63

25.58

25.37

25.10

24.81

38.3
15.1
16.3

39.6
15.4
17.0

38.3
15.1
17.0

39.6
15.5
17.0

40.3
15.5
17.0

40.3
15.5
17.0

40.3
15.5
17.0

40.3
15.5
17.0

40.3
15.4
17.0

40.3
15.3
17.0

40.3
15.3
17.0

38.3
15.3
17.0

38.3
15.4
17.0

*38.3
»15. 5
P17.0

485.6
160.4
100.2
187.7
37.3

596.2
181.5
125.0
242.6
47.1

620.4
181.8
137.9
259.8
40 9

«58.6
549.7

554.1
543.8

7,018
3,834

9,177
4,281

7,453
4,633

8.784
3,513

9,208
4,338

8,721
4.406

10, 240
3,995

541
' 3, 374

'809
' 5, 463

665
7, 715

537
5, 715

548
4,351

'847
' 5, 086

711
5, 771

56.4
53.5

48.0
45.4

51.3
49.5
63.7
21.1

51.6
51.1

49.8
48.5

47.9
51.2
67.6
28.4

51.1
54.5

22. 1

53.2
48.4
«78.2
626.8

.82
.26

.82
.26

.82
.27

.82
.27

.82
.27

.82
.27

.82
.27

.82
.27

596.2
366.3
64.1
111.6

665.2
390.5
73.2
140.8

11, 559

11, 633

24.54

MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. avg. or total
mil. lb_.
Filament yarn (rayon and acetate)
do
Staple incl tow (rayon)
do
Noncellulosic (nylon, acrylic, protein, etc.) .do
Textile glass
fiber
do
Exports:
Yarns and monofilamentst -Staple tow and tops
Imports:
Yarns and monofilamentsj
Staple, tow, and tops* _

-

thous. Ib
do
do
do

Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
Staple, Incl. tow (rayon)
Noncellulosic
fiber*
Textile glass
fiber*

mil Ib
. do. .
do _
do

Prices, rayon (viscose) :
Yarn, filament. 150 denier
Staple, 1.5 denier

$ per lb~
do

Manmade fiber broad woven fabrics:
Production, qtrly. avg. or totalt? ..mil. lin. yd._
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures
do
Polyester and chiefly polyester blends*, .do

6
70.9
6

580.8
188.1
123. 0
221.7
48.0

593.8
175.6
119.2
243.0
56.0

657.7
394.1
75.1
128.7
11,096

12,964

590.0
180.6
119 9
245.9
43 6
11. 549
4, 215

10, 484
5, 414

7,840
3,881

9, 020
5,200

11,776
5,419

2, 808
1.818

7,747
4,821

1.106
859
' 5, 738 ' 6, 030

1,070
5,252

930
3,516

902
4,801

861
6,673

569

747

54.0
54.4

57.1
52.9
82.4
30 2

58.4
48.4

59.6
41.8

62.7
40.0
99.3
27.5

62.1
41.9

62.2
39.8

.82
.27

.82
.27

.82
.26

.82
.26

.82
.26

P. 82
P. 26

6, 544
3,024

663.1
392.3
75.6
128 8

697.6
401.3
72.6
164 5

642.4
374.4
69 6
141 4

12, 661

11,890

13, 620

9,422

10, 577

11, 784

10, 353

11,087

13, 664

524
557
'544
688
Imports, raw
thous. Ib..
'5.39
5.20
5.42
6.03
5.22
Price, raw, A A, 20-22 denier __
Sperlb.,
5.73
Production, fabric, qtrly. avg. or total
thous. lin. yd.. 5,732 6,120
6,325
r
Revised. 4 » Preliminary. l Total cropfi for year. 2 Ginnings to Dec. 13.6 3 Ginnings
to Jan. 16.
Data cover a 5-week period.
Data are for month shown.
QtrJy. avg.
" Less than 500 bales.
* Season average,
§Total ginnings to end of month indicated except as noted.
IfData for Apr?, July, and Oct. 1962 and Jan. 1963 cover 5-week periods, other months, 4
weeks.
ONew series from U.S. Dept. of Agriculture and American Textile Mfrs. Inst., Inc.;
data for 1946-61 are available upon request.

421
5.98

399
6.22

473
6.20

785
6.36

525
5.98

741
6.42

655
6.49

328
7.22

Exports, piece goodst

thous. sq. yd.

SILK




6.047

5,884

582
» 7.63

267

6.224

^Scattered revisions for 1959-1961 are available upon request.
f Revised series. See note in the Sept. 1961 SURVEY; data for Aug. 1957-June 1960 are
available upon request,
9 Includes data not shown separately. *New series; data for 1954-60 are available
upon request.
cf Beginning Aug. 1962, includes Phoenix, Ariz. (15 markets).

S-40
1961

Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

SURVEY OF CURRENT BUSINESS

April 1063

1962

1963

Monthly
average

1962
Feb.

Mar.

Apr.

June

May

July

Aug.

Sept.

Xov.

Dec.

335
16, 263
25, 102
14,514

20. 594
12, 470
25, 837
17, 825

19, 258
10 991
27, 644
17, 716

Oct.

Jan.

Feb.

Mar.

TEXTILE PRODUCTS- Continued
WOOL
Wool consumption, mill (clean basis) :^t
Apparel class
thous. l b _ _
Carpet class
do
Wool imports, clean content
- -do. _.
Apparel class, clean content
__dO- _.
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
$ per lb__.
Graded fleece $6 blood
__do
Australian 64s 70s good topmaking
do

21, 923 23, 254
12, 421 12, 363
21, 079 '23,088
10, Oil 15, 207

22, 740
11,387
22, 747
15,409

1.184
1.032
1.110

1.247
1.090
1.155

1.200
1.075
1. 125

Knitting yarn, worsted, 2/20s-50s/56s, Bradford
96.7
system wholesale price
1957-59=100..
Woolen and worsted woven goods, exc. felts:
71,721
Production, qtrly. avg. or total
thous. lin. yd.
70,035
\pparelfahrics total
_do
43,228
Women's and children's
do
Prices, wholesale, suiting, f.o.b. mill:
93.8
Flannel, men's and boy's
1957-59=100..
95.2
Gabardine women's and children's
do

100.6

99.2

76, 568
74, 326
44, 449

1
26,
1

23, 523 127,828
11, 159 112,216
25, 945 21,019
19,187 13, 846

23, 434
11,501
20, 133
13, 579

23, 061
11,932
22, 387
15, 485

i 23, 251
110,177
'16,828
'11,210

22, 152
13, 235
24, 433
14, 849

21, 268
12, 940
21,001
12, 562

1.200
1.075
1.125

1.224
1.075
1. 125

1.233
1.075
1.135

1. 245
1.075
1. 175

1.252
1.075
1.175

1.275
1.075
1.175

1.275
1.085
1. 175

1.275
1 111
1 175

1.281
1.145
1 175

99.2

100. 5

100. 5

100.5

100.5

100.5

101.7

101.7

102.9

!
25
rl

017
!4 957

22 634
14 326

1.300
1 145
1 175

1.310
1 145
1 215

1.325
1 154
1 975

102.9

105.4

1.325
1. 160
1 27 S

WOOL MANUFACTURES

75, 464 73, 431
42, 066

94.9
96.3

94.6
95.2

94.6
95.2

82, 505
80, 813
48,362

-

94.6
95.2

94.6
96.9

95.0
96.9

77, 867
75, 805
48, 059

95.0
96.9

95. 0
96.9

95.0
96.9

70, 437
67, 253
39 309

95.0
96.9

95.4
96.9

95.8
96.9

95.8
96.9

TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLESA
Orders, new (net), qtrly. avg or total
mil. $__
U S Government
do
Prime contract
do __
Sales (net), receipts or billings, qtrly. avg. or total
mil. $ .
U S Government
do

3,357
2,619
3,035

3,199
2,552
2,868

3.512
2 663
3,021

4,055
3,343
3,670

3,738
2,883

3, 875
3,037

4,016
3,060

3,862
3,057

Backlog of orders, end of year or qtr. 9 _ . do.
U.S. Government
do
Aircraft (complete) and parts
do
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, propulsion units and parts
mil $
Other related operations (conversions, modifications) products services
mil. $

13,965
11,043
5,646
1,546

13, 344
10, 568
5,213
1,504

12, 840
10, 171
5 127
1.476

13, 033
10, 457
5, 037
1, 455

3,829

3,794

3,491

4,140

1,803

1,670

1,644

Aircraft (civilian) : Shipments ®
.
do_
Airframe weight 0 thous Ib
Exports!
mil. $

82.1
1,824
28.0

81.8
1,682
27.3

109.1
2,045
60.1

77.6
1,747
48.2

111.2
2,511
45.1

121.2
2,345
31.6

92.4
1,915
11.4

77.9
1,395
17.1

88.3
1,400
10.4

49.2
1,032
17.1

44 o
1 216
21 8

65 6
1 41Q
26 1

57.4
1 437
12.3

47.3
1,322

556.4
527. 3
461.9
450.2
94.5
77.1

681.1
654.6
577.8
562.8
103.3
91.9

628.6
603.7
533.6
518.5
95.0
85.2

713.9
685. 3
605.8
588.5
108.1
96.8

719.6
687.8
614.3
594. 8
105.3
93.0

786. 2
756. 7
673. 5
656. 6
112.7
100.1

678.2
651.2
569.2
555.0
109.0
96.2

687.7
663.9
587.1
575.4
100.7
88.5

299.2
282.0
218.6
213.2
80.6
68.8

519.9
501.9
442.5
432. 5
77.4
69.4

851.0
817.7
726.9
705.7
124.1
112.0

802.0
769.4
689 5
669. 6
112.5
99.8

776.1
751. 5
661.4
647.4
114.7
104.1

791.0
768.6
670.2
658.0
120.8
110.6

723. 7
698.8
607 9
592. 8
115 8

23,447
number
do_ .. 10,086
13,361
do

20,100
11,246
8,855

17,642
10,221
7,421

21, 794
12, 140
9,654

23, 719
15, 204
8,515

22, 065
11,882
10, 183

22,378
10, 895
11,483

16,669
7,803
8,866

15, 765
5,940
9,825

18, 405
11,815
6,590

17, 749
10, 934
6,815

23, 383
14, 002
9,381

20, 567
11, 807
8,760

3,370

12, *4U

37, 695 '36,870
36, 527 '35,564

32, 607
31,326

32, 335 '30,523 '27,754
31,189 '29,460 '27,198

19, 394
18, 977

29, 442
28, 686

35, 087
34, 081

37, 272
36, 195

45, 678
44, 220

32, 904
32, 020

37, 472
36, 567

1,367

MOTOR VEHICLES
Factory sales, total—.
Domestic.
_
Passenger cars total
Domestic.
Trucks and buses, total
Domestic.,
.

thous__
do. __
do
do. .
do
do.

_ _
.

Exports, total t
Passeneer cars (new and used)
Trucks and buses

_

Imports (cars, trucks, buses), total c? t
Passenger cars (new and used) C?
Production, truck trailers: t
Complete trailers total
Vans
Chassis, van bodies, for sale separately

24, 860 '33,080
do
do. ._ 24, 076 '32,063

5, 295
3, 577
719

6,393
4,543
456

5,934
3,994
496

6,391
4,217
393

5,721
3,442
228

4,999
3,014
944

5,462
3,310
1,353

5,117
3,190
1,836

5 970
3 920
2 184

5 717
3 951
1,837

5,290
3,689
759

5,744
3,906
624

473.3
24.5
69.7

591.7
29.4
86.5

635.0
31.1
95.2

643.5
29.4
93.8

601.9
28.7
88.4

613.6
30.5
90. 8

540.2
27.6
94.9

373.9
25.6
74.8

677.7
29.5
102.3

637.5
26.6
92.4

644.4
29.8
101.3

553.9
27.0
90.5

498.0
27.6
82.4

3,046
1,962
1,085

2,690
1,772
918

4,077
3,076
1,001

3,421
1,677
1,744

3,758
1,909
1,849

3,910
2,219
1,691

3,181
2,289
892

3,541
2,205
1,336

2,946
1,984
962

2,799
2,162
637

2, 205
1,660
545

1,899
1,336
563

2,445
1,330
1,115

3 074
1.820
1,254

2, 564
1. 597
967

' 3, 087
1,989
'1,098

1,466
1,127
339

1,557
1,500
57

2, 445
1,432
1,013

3,188
2,855
333

3.411
2,294
1,117

3,088
1,630
1,458

2,781
1,710
1,071

1,551
1,218
333

' 4. 329
2,673
' 1,656

3,570
2,959
611

r 4, 317

r
3, 945
' 1, 736 '3,090
' 2, 581 '855

5,976
3, 436
2, 540

do
. do
do

13, 462
4,616
8,846

14,315
6,788
7,527

17, 737
7,970
9,767

15, 265
6,441
8,824

14,244
6,152
8,092

13, 778
7,100
6,678

13, 274
7,171
6,103

13, 192
6,516
6,676

12, 429
6,003
6,426

11,064
5,264
5,800

12, 159
5,737
6,422

13, 502
7,039
6,463

16, 122
7,446
8,676

17, 565
9,177
8,388

19.952
10, 785
9,167

do
do

17
202

23
174

0
264

5
259

24
235

72
175

50
163

45
120

25
134

12
122

14
108

13
119

18
126

0
126

0
136

1,607
8.8

1,552
8.0

1,600
8.8

1,598
8.5

1,594
8.4

1,588
8.3

1,582
8.2

1,577
8.4

1,573
8.6

1,567
8.4

1,563
8.4

1, 559
8.3

1,552
8.0

1,547
8.2

1,545
8.3

do
do
do

4,263
2,650
462

5,648
3,724
995

thous..
-. do. _
do

487.9
31.6
76.6

578.2
28.3
89.1

Freight cars (ARCI):
Shipments
Equipment manufacturers, total.
Railroad shops, domestic

number
do_ _
__do

2,655
1,572
1,083

New orders
Equipment manufacturers total
Railroad shops, domestic..

do
do
do

Unfilled orders, end of mo
Equipment manufacturers, total
Railroad shops domestic

Registrations:©
New passenger cars
Foreign cars
-New commercial cars

inn.o

r

2

773. 7

2

018 1

- 125 6

RAILROAD EQUIPMENT

Passenger cars' Shipments
Unfilled orders end of mo
Freight cars, class 1 (AAR): §
Number owned, end of year or mo
Held for repairs % of total owned

thous

r
r

r
2
Revised.
1 Data cover 5 weeks.
Preliminary estimate of production.
KSee corresponding note, p. S-39.
j Revisions for 1959-61 are available upon request.
AEffective with the -Tan. 1962 SURVEY, the qtrly. data reflect an expanded survey and
include companies developing, produciner, assembling, etc., complete missiles and space
vehicles (and engines or propulsion units). Comparable data prior to Dec. 31, 1960, are
not available.




fRevisions for 1960-Mar. 1961 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
®Data include military-type planes shipped to foreign governments.
cf Data cover complete units, chassis, and bodies.
©Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line ears.
U.S. G O V E R N M E N T P R I N T I N G O F F 1 C E : 1 9 5 3

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate .
Domestic trade-___„
Employment and population
Finance
Foreign trade of the United States
Transportation and communications

1-7
7, 8
9,10
_. 10-12
12-16
16-21
21-23
23, 24

Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products

24, 25
26
26-30
30,31

Lumber and manufactures
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products

31
32-34
35, 36
36, 37

Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment

37
38
38-40
40

INDIVIDUAL SERIES
Advertising
.
10,11,16
Aerospace vehicles
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3, 13-15, 40
Alcohol, denatured and ethyl
25
Alcoholic beverages
8,10, 26
Aluminum
33
Apparel
1, 3, 4, 7, 8, 10-15, 38
Asphalt and tar products
35, 36
Automobiles, etc.__ 1, 4-6, 8, 10,11,13-15,19, 22, 40
Balance of international payments
2
Banking
16, 17
Barley
27
Barrels and drums
33
Battery shipments
34
Beef and veal
28
Beverages
4, 8, 10, 26
Blast furnaces, steel works, etc—
13-15
Bonds, outstanding, issued, prices, sales,
yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials- 8-10, 31, 36, 38
Building costs
9, 10
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
4,5
Butter
.
27
Cans (tinplate)
33
Carloadings
23, 24
Cattle and calves
28
Cement and concrete products
8-10, 38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
12
Cheese
27
Chemicals
4-6, 8, 13-15, 19, 22, 24, 25
Cigarettes and cigars
8, 10, 30
Civilian employees, Federal
14
Clay products
8, 38
Coal
4, 8, 13-15, 22-24, 35
Cocoa
23, 29
Coffee
_
23, 29
Coke
23, 24, 35
Communications
13-15, 19, 20, 24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9, 10
Employment, hours, earnings, wages
13-16
Highways and roads
9, 10
Housing starts
9
New construction put in place
1, 2, 9
Consumer credit
17, 18
Consumer expenditures
1, 2
Consumer goods output, index
3, 4
Consumer price index
7
Copper
23,33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7, 8, 21, 22, 39
Cottonseed cake and meal and oil
30
Credit, short- and intermediate-term
17, 18
Crops
3, 7, 27, 28, 30, 39
Crude oil and natural gas
4,13-15,35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
Dividend payments, rates, and yields
Drug stores, sales




3, 7, 27
16
18
11,12, 17
16,17, 19
16
26
3,18-21
11,12

Earnings, weekly and hourly.......____________14-16
Eating and drinking places_____________________11, 12
Eggs and poultry ________________________ 3, 7, 29
Electric power ___________________________ 4, 8, 26
Electrical machinery and equipment ____________ 3,
5,6,13-15,19,22,34
Employment estimates_____________________12-14
Employment Service activities____________________16
18
Expenditures, U.S. Government
25
Explosives
1,
Exports (see also individual commodities)
2,21,22
23
Express operations
Failures, industrial and commercial __________ 7
Fans and blowers __________________________ 34
Farm income, marketings, and prices ________ 1, 3, 7
Farm wages ______________________________ 16
Fats and oils_ __________________________ 8, 29, 30
Federal Government finance _________________ 18
Federal Reserve banks, condition of.. ________ 16
Federal Reserve reporting member banks _____ 17
Fertilizers________________________ , _ _ ______ 8, 25
Fire losses _________________________________ 10
Fish oils and fish ____________________________ 29
Flooring, hardwood ________________________ 31
Flour, wheat _____________________________ 28
Food products.-. 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Foreclosures, real estate_______, _ _ ____________ 10
Foreign trade_____________________________21-23
Foundry equipment ________ _______________ 34
Freight carloadings ________________________ 23, 24
Freight cars (equipment) ___________________ 4, 40
Fruits and vegetables______________________7, 8, 22
Fuel oil__________________________________35,36
Fuels ________________________________ 4, 8, 35, 36
Furnaces _________________________________ 34
Furniture _________________ ______ 3, 4, 8, 10-15, 17
Furs__________________________.- ___________ 23
Gas, output, prices, sales, revenues _________ 4, 8, 26
Gasoline _______________________________ 1, 35, 36
Glass and products _________________________ 38
Glycerin _________________________________ 25
Gold ______________________________ ______ 2, 19
Grains and products _____________ 7, 8, 22-24, 27, 28
Grocery stores ________________ _ ___________ 11, 12
Gross national product
---------------------1, 2
Gross private domestic investment __________ 1, 2
Gypsum and products _____________________ 8, 38
Hardware stores
-------------------------11
Heating equipment________________________8,34
Hides and skins ___________________________ 8, 30
Highways and roads ____________________ _ __ 9, 10
Hogs _____________________________________ 28
Horn e Loan banks, loans outstanding ________ 10
Home mortgages_____________________. _____ 10
Hosiery __________________________________ 38
Hotels ________________________________ 14, 15, 24
Hours of work per week
-------------------14
Housefurnishings
-----------------1, 4, 7, 8, 10-12
Household appliances and radios ________ 4, 8, 11, 34
Housing starts ____________________________ 9
Imports (see also individual commodities). _ 1, 21-23
Income, personal
-------------------------2, 3
Income and employment tax receipts, _________ 18
Industrial production indexes:
By industry ____________________________ 3, 4
By market grouping
--------------------3, 4
Installment credit _______________________ 12, 17, 18
Installment sales, department stores _________ 12
Instruments and related products _________ 3, 13-15
Insulating materials
-----------------------34
Insurance, life ____________________________ 18, 19
Interest and money rates ___________________ 17
Inventories, manufacturers' and trade ___ 4-6, 11, 12
Inventory-sales ratios ______________________ 5
Iron and steel.... ____ 3, 5, 6, 8, 10, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover ___ 16
Labor force ________________________________ 12
Lamb and mutton.....
--------------------28
Lard ___ ______ __________ ___ _
__
28
LeadI.__II______II__________I— I_IIII__
33
Leather and products ____________ 3 8, 13-15, 30, 31
Life insurance
-------------------------_ _ _ 18, 19
Linseed oil ________________________________ 30
Livestock __________________________ 3, 7, 8, 24, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit) _________ 10, 16, 17, 20
Lubricants
------------------------------35, 36
Lumber and products________ 3, 5, 6, 8, 10-15, 19, 31
Machine tools ____________________________ 34
Machinery ______________ 3, 5, 6, 8, 13-15, 19, 22, 34
Mail order houses, sales_______________. _____ 11
Manmade fibers and manufactures __________ 8,39
Manufacturers' sales, inventories, orders ______ 4-6
Manufacturing employment, production workers, payrolls, hours, earnings_______________13-15
Manufacturing production indexes __________ 3, 4
Margarine ________________________________ 29
Meats and meat packing__________________3, 7, 28
Medical and personal care __________________ 7
Metals ________________ 4-6, 8, 13-15, 19, 23, 32-34
Milk ___________________________________ —
27
Mining and minerals __________ 2-4, 8, 13-15, 19, 20
Monetary statistics ________________________ 19
Money supply ____________________________ 19
Mortgage applications, loans ____________ 10, 16, 17
Motor carriers ____________________________ 23
Motor vehicles- ____ 1, 4-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators
---------------------34

National defense expenditures...,
1,18
National income and product ',
1, 2
National parks, visits
,_.,
24
Newsprint
I
;
23, 371
New York Stock Exchange, selected data
20, 21
Nonferrous metals
,_i
\
8,19, 23, 33, 34
Noninstallment credit
,
17
Oats
1
_
27
Oil burners
,,.j
i
34i
Oils and fats
8,29,301
Orders, new and unfilled, manufacturers'
6
Ordnance
>
13-15!
Paint and paint materials^
8, 25
Panama Canal traffic
J
24;
Paper and products and pulp—1
3,
5,6,8,13-15,19,23,36,37;
Parity ratio
,„<
;
7
Passports issued
..^
,
24!
Payrolls, indexes
>*.^
;
14
Personal consumption expenditures
1, 2
Personal income
_j
2, 3;
Petroleum and products.*-,
;
4-6,
8,11,13-15, 19, 22, 23,35, 36;
Pig iron.—
<
i
32
Plant and equipment expenditures
2, 20
Plastics and resin materials
i
2S|
Population
^-,
i
12 i
Pork
i
^
28,
Postal savings
_^
>
17'
Poultry and eggs
,
..
3, 7, 29,
Prices (see also individual commodities)
7, 8,
Printing and publishing-.,
',
4, 13-lS;
Profits, corporate
i,
1,19i
Public utilities
2-4, 7-9,13-15,18-21j
Pullman Company
,_,
24,
Pulp and pulpwood
36
h_,
Purchasing power of the dollar..,.
,,
8Radiators and convectors^j
4
34
Radio and television
',
4, 8,10,11, 34
h_,
Railroads
.__. 2,13,14,16,18-21, 23, 24, 40,
Railways (local) and bus lines.13-15, 23
Rayon and acetate
I
39
Real estate
-._
4.
10,17,18
Receipts, U.S. Government
>
18
Recreation
,
7
r
Refrigerators and home freezers*
34
Rent (housing)
+
7
Retail trade
___U
,_ 4, 5, 7, 9,11-15,17,
Rice
,.i
27
Roofing and siding, asphalt
,
36
Rubber and products.,—
4-6, 8, 13-15, 23, 37!
Rye
_—
27
Saving, personal
.
Savings deposits
,._i
.
Securities issued
j._
,
Services
-J
.
Sheep and lambs
,_
_..
Shoes and other footwear.
Silk, prices, imports, production
Silver
*
Soybean cake and meal and oil.
Spindle activity, cotton._„
,
Steel ingots and steel manufactures
Steel scrap
.
Stock prices, earnings, sales, etci.
Stocks, department storesL
„
Stone, clay, and glass products
Stoves and ranges
Sugar
Sulfur.
Sulfuric acid
Superphosphate..

-._:
J.j

..
,

2
17
19, 20
1, 2, 13-15
28
1, 8, 11, 12, 31
8, 39
19'
30
39
32, 33
32
20, 21,
12'
3-6.:
8,13-15,19,38
34
23, 29,
'2$!,
25
25

29
Tea imports
».j
i.
Telephone, telegraph, cable, ^nd radiotelegraph carriers
*._
*
13-15, 19, 20, 24'
Television and radio
j_|
4.
4, 8, 10, 11, 34,
Textiles and products— 3, 5, 6, $, 13-15,19, 22, 38-40!
Tin
1
23, 33
:
Tires and inner tubes
. _i
i.
8, 11, 12, 37,
Tobacco and manufactures
4-8, 10,13-15, 30
Tractors
J_i
*
22, 34
Trade (manufacturing, wholesale, and retail)
_J
4-6,11, 121
Transit lines, local
..-i
*
23|
Transportation
^_
±
1, 2, 7, 23, 24,
Transportation equipment.
. 3-6, 13-15,19, 40
Travel
...|
;
23, 24
Truck trailers
L_J
40
Trucks (industrial, motor).
4
34,40,

Unemployment and insurance..,
12,16
U.S. Government bonds.uj
.
16-18,20
U.S. Government
finance...
18
Utilities
__!— 2-4, 9, 13-15, 18-21, 26
Vacuum cleaners
*J,
L
Variety stores
-.•_;
4
Vegetable oils
j.j
+
Vegetables and fruits
„
i
Vessels cleared in foreign trade.*
Veterans' benefits
*
rj
Wages and salaries
,._;
»
Washers and driers
„•
Water heaters
;J:
..
Waterway traffic
l. .
,
Wheat and wheat
flour__^
Wholesale price indexes.....
.
Wholesale trade
:_
Wood pulp
_!
,
Wool and wool manufactures.—
Zinc

.._

_:

*

34,
ll t 12
29,30
7, 8, 22
24
16,18,
1,3,14-16
34
34
24,
28j
81
4, 5,13'
3$
7, 8, 23, 40
33,34

UNITED STATES

GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D.C.

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $30O
(GPO)

OFFICIAL, BUSINESS
First-Class Mall

Supplement
to the
Survey
of
Current
business

TAT
SINCE

1929

* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
* PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY-SINCE 1929

* ANALYSIS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITION
THIS 1957 VOLUME—229 pages, quarto, illustrated, $1.50—is available from the Superintendent of Documents, U.S.
Government Printing Office, Washington 25, D.C., as well as at all Field Offices of the U.S. Department of Commerce.