Full text of Survey of Current Business : April 1963
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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 * * Subscription prices, including weekly tistical supplements, are $4 a year for inestic and $7.50 for foreign mailing. Si issue 30 cents. Make checks payable to the Supt tendent of Documents and send to Government Printing Office, Washington D.C., or to any U.S. Department of Cornm 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 i c) 50 | UNITED STATES Far West 3. PER CAPITA INCOME 10 i 20 , Percent Increase 30 i 40 i C) 50 | 10 f 20 i &£$££$££$£$£91 Rocky Mountain Southeast >$$S55$$SS$5$4 Southeast Southwest ££££»2££^&] Southwest New England $55$$S$55^5J New England §2 New England Plains ><XXXXXXXXXX] Plains Plains 5$5&5£55$ Mideast $$S8®999% Mideast 3 223 Mideast x^ Great Lakes ;xxxxxxx>i Great Lakes 223 1 U,§. D*P«rtm«nt of Commerce, Office of Business Economics Far West ^^ sssa ! 1 ! Rocky Mountain ^ 1 I ^8^ Far West 1 40 ' UNITED STATES UNITED S T A T E S 0<XXXXXXXXXXXXXX] Rocky Mountain 30 t Southeast &££££££$ Southwest mm Great Lakes i i i i 1 I I 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.