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APRIL 1969 / VOLUME 49 NUMBER

SURVEY OF CURRENT BUSINESS

CONTENTS
U.S. Department of Commerce
THE BUSINESS SITUATION

Maurice H. Stans / Secretary

Summary

1

Auto Production

4

National Income and Product Tables

9

1968 GNP by Major Industry

13

ARTICLE
Personal Income, 1968 and Disposable Income,
1929-68—by States and Regions

Rocco C. Siciliano / Under Secretary
William H. Chartener / Assistant Secretary
for Economic Affairs
Office of Business Economics
George Jaszi / Director
Morris R. Goldman / Associate Director
Murray F. Foss / Editor
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics

16

STAFF CONTRIBUTORS TO THIS ISSUE
Business Review and Features:
Francis L. Hirt
Charles A. Waite
Jack J. Gottsegen
Articles:
Robert B. Bretzfelder
Q. Francis Dallavalle
David A. Hirschberg

CURRENT BUSINESS STATISTICS
General

S1-S24

Industry

S24-S40

Subject Index (Inside Back Cover)

Albuquerque, N. Mex. 87101
U.S. Courthouse Ph. 247-0311.
Anchorage, Alaska 99501
306 Loussac-Sogn Bldg. 272-6331.
Atlanta, Ga. 30303
75 Forsyth St. NW. 526-6000.
Baltimore, Md. 21202
305 U.S. Customhouse 962-3560.
Birmingham, Ala, 35205
908 S. 20th St. Ph. 325-3327.
Boston, Mass. 02203
JFK Federal Bldg. 223-2312.
Buffalo, N.Y. 14203
117 Ellicott St. Ph. 842-3208.
Charleston, S.C. 29403
334 Meeting St.
Ph. 577-4171.
Charleston, W, Va. 25301
500 Quarrier St. Ph. 343-6196.




Cheyenne, Wyo, 82001
6022 U.S. Federal Bldg.
Ph. 634-5920.
Chicago, 111. 60604
1486 New Federal Bldg.
Ph. 353-4400.
Cincinnati, Ohio 45202
550 Main St. Ph. 684-2944.
Cleveland, Ohio
666 Euclid Ave.
Ph. 522-4750.

44114

Dallas, Tex. 75202
1114 Commerce St.

749-3287.

Denver, Colo. 80202
16419 Fed. Bldg., 20th & Stout Sts.
Ph. 297-3246.
Des Moines, Iowa
609 Federal Bldg.
Ph. 284-4222.

50309

Detroit. Mich. 48226
445 Federal Bldg. Ph. 226-6088.
Greensboro, N.C. 27402
258 Federal Bidg.
Ph. 275-9111.
Hartford. Conn. 06103
18 Asylum St. Ph. 244-3530.
Honolulu, Hawaii 96813
286 Alexander Young Bldg.
Ph. 588-977.
Houston, Tex. 77002
515 Rusk Ave. Ph. 228-0611.
Jacksonville, Fla. 32202
400 W. Bay St. Ph. 791-2796.
Kansas City, Mo. 64106
911 Walnut St. 374-3141.
Los Angeles, Calif. 90015
1031 S. Broadway Ph. 688-2833.

Subscription prices, including weekly statistical supplements, are $9 a year for domestic and $12.75 for
foreign mailing. Single issue $1.00.
Make checks payable to the Superintendent of Documents and send to U.S. Government Printing Office,
Washington, D.C. 20402, or to any U.S. Department of
Commerce Field Office.

Memphis, Tenn. 38103
147 Jefferson Ave.
Ph. 534-3214.
Miami, Fla. 33130
25 West Flagler St. Ph. 350-5267.
Milwaukee, Wis. 53203
238 W.Wisconsin Ave. 272-8600.
Minneapolis, Minn. 55401
306 Federal Bldg. Ph. 334-2133.
New Orleans, La. 70130
610 South St. Ph. 527-6546.
New York, N.Y. 10007
26 Federal Plaza 264-0634.
Philadelphia, Pa. 19107
1015 Chestnut St. Ph. 597-2850.
Phoenix, Ariz. 85025
230 N. First Ave. Ph. 261-3285.
Pittsburgh, Pa. 15222
1000 Liberty Are. Ph. 644-2850.

Portland, Oreg. 97204
217 Old U.S. Courthouse Bldg.
Ph. 226-3361.
Reno, Nev. 89502
300 Booth St. Ph. 784-5203.
Richmond, Va. 23240
2105 Federal Bldg. Ph. 649-3611.
St. Louis, Mo. 63103
2511 Federal Bldg. 622-4243.
Salt Lake City, Utah 84111
125 South State St. Ph. 524-5116.
San Francisco, Calif. 94102
450 Golden Gate Ave.
Ph. 556-5864.
San Juan, Puerto Rico 00902
100 P.O. Bldg. Ph. 723-4640.
Savannah, Ca. 31402
235 U.S. Courthouse and P.O.
Bldg. Ph. 232-4321.
Seattle, Wash. 98104
809 Federal Office Bldf.
Ph. 583-5615.

the BUSINESS SITUATION
•••••••••••••••I

CHART 1

GNP rose $16 billion in the first quarter...
Billion $

GNP showed a strong gain in the first
quarter with a $16 billion rise. Paced by
large increases in consumer spending
and business fixed investment, final
sales recorded an exceptional advance
of more than $20 billion. Inventory investment declined, partly because of the
strength in sales. The rapid price
increase continued without abatement.

as final sales rose sharply,
30

E,ECONOMIC

FINAL SALES *

activity continued to
advance briskly in the opening quarter
of 1969. Eepeating the rise in the
10
preceding quarter, the gross national
product rose $16 billion to a seasonally
adjusted annual rate of $903% billion.
Although
the GNP increases were about
and inventory investment declined
the same for both periods, their composition was quite different. Final sales,
10 _ INVENTORY INVESTMENT*
i —1
which had risen moderately in the
I Ii
fourth quarter, expanded vigorously in
0
the first; the $20% billion gain was one
of the largest on record. Partly because
-10 sales were so strong, businessmen added
less to their inventories in the first
Of the13/4 percent increase in current dollar GNP,
quarter than in the fourth, to judge
3
/4 of 1 percent represented a rise in physical volunu
from
data that are still incomplete.
Percent
The \% percent GNP advance reCONSTANT $ GNP
flected a rise in physical volume of
2.5
about three-fourths of 1 percent and a
price rise of about 1 percent. The
volume change was about the same as
in the preceding quarter but below the
increases of \% to \% percent in the first
and 1 percent higher prices
three quarters of 1968. The price rise
was a continuation of the large quar2.5 - IMPLICIT PRICE DEFLATOR
terly increases of approximately 1
percent that have been recorded since
I
U HI IF
I
I ffl T5f
I
the summer of 1967.
1967
1968
1969
The demand for labor remained very
Change From Previous Quarter Seasonally Adjusted
strong,
and overall unemployment con* at Annual Rates
U.S. Department of Commerce, Office of Business Economics
6
tinued extremely low in early 1969.
20

i_




n i'u
U
L

From the fourth to the first quarter,
total employment (household basis)
rose by an exceptionally large 1.2 million persons; on balance, almost all of
the rise came from new entrants into
the labor force. Consequently, the
average level of unemployment was
little changed, and the unemployment
rate continued at a very low 3% percent, under the 3.6 percent rate for all
of 1968. Workers with skill and experience continued to be at a premium;
the unemployment rate for married
men, for example, fell to less than 1%
percent.

Income, taxes, and saving
With the labor market tight, wage
rates continued to advance rapidly.
Weekly hours of work, which had
edged down in the fourth quarter,
rose a little in the first. In the private
sector, the combined effect of higher
employment, weekly hours, and rates
of pay was a payroll advance of $10
billion at a seasonally adjusted annual
rate, more than $1^ billion greater
than the average rise over the preceding
four quarters. Increases in wages and
salaries over the quarter showed up
in all of the main industry groups.
With government payrolls up by a
rather modest $1% billion, the total
payroll advance came to $11% billion.
Dividend payments were unchanged
in the first quarter after showing a
diminished rate of growth during 1968
and so was proprietors' income, following four quarterly gains in a row. On a
combined basis, incomes other than
payrolls rose $4 billion from the fourth
quarter. Personal contributions for
social insurance, a subtraction item in
1

SUEVEY OF CUEEENT BUSINESS

April 1969

the personal income total, were up liabilities. In addition, the general rise to offset the pronounced advances in
$2 billion, chiefly because of the in income boosted tax payments.
unit labor costs that have been in
Because of the exceptional rise in progress over the past few years, and
January 1 increase in social security
taxes. All told, personal income ad- personal taxes, disposable income scored to business expectations of future
vanced $13% billion, as compared with a gain of only $6% billion. This was inflation.
an average quarterly gain of $16 billion about the same as the advance in the
The recovery in residential constructhird quarter of last year, when with- tion, which was interrupted briefly in
during 1968.
Personal taxes showed an unusually holdings under the new tax law were mid-1968 by the credit tightening of
large rise of $7 billion over the quarter, first increased. The small income rise last spring, continued in early 1969
all but $1 billion of which was a rise in the first quarter was accompanied with a $1 billion rise in expenditures.
in Federal taxes. The greater part of by a large gain in consumption ex- For the quarter as a whole, private
the increase in Federal taxes was penditures—$11% billion—and personal nonfarm housing starts were 6 percent
attributable to large final settlements saving fell sharply. The personal saving above the fourth quarter of 1968 and
(net of refunds). Settlements are ab- rate declined from 6.8 percent in the some 10 percent above the quarterly
normally large this year because the fourth quarter to 5.8 percent, the average for all of 1968. This was a
step-up in withholdings due to the lowest quarterly figure since early 1966. relatively good showing in view of the
surtax passed in late June 1968 was
growing stringency in credit evident
insufficient to meet the increase in Consumption strong
since mid-December. However, the
movement
of starts was downward
The
rise
in
consumption
expenditures
HAK
in the first quarter—among the largest during the quarter; housing permits,
The first quarter rise in final sales featured
on record in dollar terms—followed a which lead starts slightly, showed no
very
small advance in the fourth improvement for the quarter as a whole
« A spurt in consumption expenditures
quarter
of last year. The largest gains after an increase in the October-Decem* Sharply higher business fixed investment
in
early
1969 occurred in nondurable ber period. It seemed fairly likely that
Billion $ Change From Previous Quarter
30
goods, where increases were widespread; credit tightening was once again bePERSONAL CONSUMPTION EXPENDITURES
in the fourth quarter, nondurables had ginning to have an adverse effect on
shown no increase after allowance for the homebuilding industry, although
higher prices. Durable goods recorded a for a variety of reasons a repetition of
rise of $1% billion in early 1969, with the severe 1966 decline is improbable.
gains in furniture and appliances partly
offset by a decline in new car sales. Government purchases
(Automobiles are discussed in greater
Government purchases, maintaining
BUSINESS FIXED INVESTMENT
detail on page 4.) Services continued the pattern evident in the two preced(Enlarged scale)
their steady upward movement.
ing quarters, made a modest contribution of $3% billion to the rise in output
Fixed investment up sharply

5

_ RESIDENTIAL STRUCTURES (Enlarged scale)

-5

NET EXPORTS (Enlarged scale)

-5
20

GOVERNMENT PURCHASES
10

Federal

1967

State & Local

1968

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




1969

The strongest component of final
sales in the first quarter was nonresidential fixed investment. Outlays for
structures and equipment combined
rose $5% billion, one of the largest
quarterly advances ever recorded.
The strength in investment demand
is something of a surprise, partly because the developing boom comes very
shortly after the large expansion of
1964-66 and partly because pressure
on plant capacity has not appeared to
be severe in the recent period. The
substantial increases that have already
occurred and those that are planned
for later this year are probably related
to the unexpectedly sharp rises in sales
over the past year, to the strength—
despite the surtax—in the profits and
cash flow, to the desire by businessmen

Table A.—Selected Measures of Economic
Activity: Change From Previous Month
[Seasonally adjusted]
1969

Unit
Jan.

Feb.

Mar."
0.8

Retail sales

Percent

2.3

1.3

Employment l

Thous. of
persons.
Percent-.

310

335

147

3.3

3.3

3.4

$bil., annual
rate.

2.6

5.3

5.3

$bil., annual
rate.

3.2

3.9

4.2

Unemployment
rate.*
Personal income
Wages and
salaries.
Industrial production.
Autos
Iron and steel
Wholesale prices,
unadjusted.
Industrial commodities.

Percent

.3

.2

.6

-2.2
.7

-3.3
5.3

0
3.6

Percent

.8

.4

.5

Percent

.6

.4

.4

Percent..
Percent

*Data refer to actual rate, not change.
1. Nonfarm establishments.

v Preliminary.

SURVEY OF CUERENT BUSINESS

April 1969

Table B.—Revisions in Federal Expenditures, National Income Accounts Basis, 1968-70
(Fiscal years, billions of dollars)
1968
actual

1969 estimate
Jan.
budget

April
review

1970 estimate
Jan.
budget

April
review

Federal Government expenditures. _

172.4

187.3

188.3

199.6

196.4

Purchases of goods and services
National defense
.
Other

95.6
75.8
19.8

101.5
79.9
21.6

102.0
80.0
22.0

105.6
82.2
23.4

104.2
81.0
23.2

Transfer payments.. . . .
To persons
To foreigners (net)

44.5
42.4
2.1

50.1
48.0
2.1

49.9
47.8
2.1

54.9
52.8
2.1

53.6
51.5
2.1

Grants-in-aid to State and local governments
.. . . .
Net interest paid
Subsidies less current surplus of government enterprises .

17.4
10.8
4.1

19.6
12.0
4.1

19.8
12.3
4.3

23.0
12.2
3.9

22.4
12.7
3.5

..

. . . .

Sources: April estimate based on Review of 1970 Budget, Bureau of the Budget, April 15,1969, and U.S. Department of Commerce, Office of Business Economics.

in early 1969. State and local outlays
continued to increase, but for the third
straight quarter, Federal defense outlays were up only slightly. The small
rise in Federal nondefense purchases
was attributable to larger purchases of
farm products by the CCC.
Total expenditures (NIA basis) by
the Federal Government (purchases,
transfers, grants, net interest, and subsidies) rose $2% billion in the ffrst
quarter, somewhat more than had been
implied in the budget submitted to
Congress in January. Although data for
corporate tax liabilities are not available, it appears that other receipts are
running above the figure implied in the
January projection.
Review of budget

In mid-April, the Administration released new estimates of Federal expenditures for fiscal years 1969 and 1970
following its review of the January
budget. New estimates for receipts were
not provided but were promised after
the tax returns filed through April 15
have been analyzed. The new data
suggest that during the coming fiscal
year, fiscal policy will be more restrictive than had been indicated under the
January budget.
For FY 1970, the new estimates in
the unified budget put expenditures at
$192.9 billion, a downward revision of
$2.4 billion. This is the net result of
two factors that are partially offsetting.
On the one hand, the previous estimates
of expenditures have been cut by $4
billion as a result of the latest review.



This decrease is expected to be partly
offset by an upward revision of $1.6
billion, largely because of a reassessment
of the costs of farm price supports and
interest on the public debt. These same
items were chiefly responsible for an
upward change of $1.2 billion in FY
1969 expenditures.
Included in the $4 billion reduction
are cuts of $1.1 billion for defense, $1
billion for a modification of the previously proposed increase in social security
benefits, and $1.9 billion for programs
affecting almost every Federal agency.
On a national income accounts basis,
expenditures are estimated to be $1
billion higher than the previous figure
for FY 1969 and $3.2 billion lower for
FY 1970. Details are shown in the
accompanying table.

accumulation apparently extended to
both manufacturing and trade, especially retail stores. In durable goods
manufacturing, the book value data
suggest that a sharp step-up in the
accumulation of work-in-process inventories was about offset by a smaller
accumulation of finished goods and a
larger decumulation of purchased materials. The pattern was similar in nondurables, but the magnitudes were
different: The increase in work-inprocess was more than offset by smaller
additions to finished goods stocks and
a shift from accumulation to decumulation of purchased materials. The reduction in holdings of purchased maCHART 3

Personal income rose $13Vi billion in the
first quarter...
Billion $ Change From Previous Quarter

but with the large increases in taxes...
TAXES

10

10

disposable personal income showed a small gain
20

DISPOSABLE PERSONAL INCOME

Strike affects net exports

The dock strike at East and Gulf
Coast ports dominated the behavior of
exports and imports in the first quarter.
Most of these ports were closed through
late February, and some, through the
end of the quarter. On the basis of
figures for January and February and
an estimate for March, it appears that
exports declined more than imports.
Consequently, the export balance fell
to zero from an already low balance of
$1 billion in the fourth quarter.

10

Offl

4

Since the rise in consumption was strong .
PERSONAL CONSUMPTION EXPENDITURES

10 -

the saving rate fell
Percent

Inventory investment lower

Investment in inventories in the first
quarter declined from the high fourth
quarter rate, according to preliminary
estimates. The first quarter decline in

i

n m iy '
1967

i n ur i? '
1968

i
1969

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

69-4-3

SUEVEY OF CURRENT BUSINESS
terials was probably a result of the dock
strike.
Among trade companies, the reduction in inventory investment centered
in durable goods, where most types of
business showed smaller additions than
in the fourth quarter.
Price rise continues

There was no evidence of any abatement in the price rise in the first
quarter. Consumer prices—based on
data for January and February and an
allowance for March—rose somewhat
more than 1 percent, about as much as
the average quarterly increase in 1968.
After seasonal adjustment, the rise in
CHART 4

New Car Sales and Stocks
• Sales edged down in first quarter
• Stocks and stock-sales ratio rose
Million Unii

Million Units

- 1.0

3.0

Stock-Sales Ratio

2.0

1.5

Domestic-Type only
1.0

Stocks, end of quarter;
Sales, average for quarter

1967

1968

1969

Quarterly, Seasonally Adjusted at Annual Rates
Note.—Domestic sales include and import sales exclude domestic-type
cars imported from Canada.
U.S. Department of Commerce, Office of Business Economics




employment, payrolls registered their
largest monthly gain in the quarter,
and personal income rose by a substantial $5.3 billion. After an increase
in February (based on revised data),
retail trade recorded its third monthly
gain in a row, according to advance
figures. Industrial production rose 0.6
percent, as a result of increases in most
industries.

Monetary policy more restrictive

During the quarter, the Federal Reserve System moved decisively to
establish very restrictive conditions
in money and credit markets. After
increasing the discount rate from 5%
to 5K percent in mid-December, the
monetary authorities used open-market
operations to bring to a virtual halt
the expansion in member bank reserves,
the base for bank credit expansion. In
addition, they put considerable pressure on the banking system by not
taking action to raise the interest rate
ceilings on time deposits. These ceilings kept the rate paid by banks for
time deposits low relative to the rising
market rates on alternative investments, and the banks have been unable to compete for time deposits. On
April 3, the Federal Reserve again
raised the discount rate—to 6 percent,
the highest level since 1929—and simultaneously raised reserve requirements
on demand deposits at each bank by
one-half of a percentage point. The
credit tightening so far this year has
resulted in a substantially reduced
pace of money and credit expansion.
March developments

2.5

1966

nondurable goods including food slowed
down, but the rise in consumer durables
accelerated—reflecting higher car prices
in particular. Prices of services registered another large increase. Wholesale prices advanced approximately
1% percent from the fourth to the first
quarter as a result of widespread
increases.

April 1969

Most of the broad indicators—personal income, nonfarm employment,
industrial production, and retail
trade—showed increases in March.
The labor market figures gave a
hint of a somewhat slower rate of
expansion than earlier in the quarter.
For example, the rise in employment
in nonfarm establishments—150,000—
was about half the average monthly
increase in the preceding 5 months;
moreover, the overall unemployment
rate rose from 3.3 to 3.4 percent. In
addition, housing starts declined. Notwithstanding the slower expansion in

Auto Production and Sales
Decline
Sales of passenger cars in the model
year that began in October 1968 have
fallen from the very high levels reached
in the third quarter of 1968. For domestic and imported cars combined,
sales fell from a seasonally adjusted
annual rate of 10.0 million units in the
July-September 1968 period to 9.4
million in the first 3 months of this
year, a reduction of 6 percent. Auto
production has been cut back as demand has lost some of its buoyancy and
new car inventories have increased to
record levels.
Domestic-type cars accounted for
most of the reduction in sales. Sales
drifted moderately lower through January, recovered strongly in February,
partly because of dealers' contests and
shortages of imported cars, and then
declined sharply in March to a seasonally adjusted annual rate of 7.8 million
units. Early April witnessed a distinct
improvement. For the first quarter as
a whole, the selling rate was 8.4 million
as compared with 8.7 million in the
fourth quarter and 9.0 million in the
third.
Sales of imported foreign cars continued steadily upward through 1968
and for the full year totaled 950,000
units, more than 10 percent of the
U.S. market. From last October through
January, imports held at a seasonally
adjusted annual rate of almost 1.1
million units, but in February and
March, the rate fell below 1 million
units, chiefly because of the dock strike.
Stocks at new high

Dealers started the 1969 model year
with relatively low inventories of unsold
(Text continued on p. 13)

SURVEY OF CURRENT BUSINESS

April 1969

• Economic activity rose vigorously in the first quarter— GNP advance approximated fourth quarter rise
• Employment increase in nonfarm establishments slowed in March—overall unemployment rate edged higher
• Wholesale prices up again in March with sizable increases in farm and industrial products
TOTAL PRODUCTION

THE LABOR MARKET

Billion $

Million Persons

950

81

~~

850

_

8

79

><x1

800

s-f

77

Final Sales

75

5?£-— Inventory Change
i l l
t i t

750

/*

IMPLICIT PRICE DEFLATOR FOR GNP**
(Change From Previous Quarter)

A
6

~

j^r^\

*s

/r\
^

Total

Percent

CIVILIAN LABOR FORCE AND
EMPLOYMENT*

CURRENT DOLLAR GNP**
900

PRICES

Labor Force/**

4

2

Employmer t
.

1

1

1

Quarterly (I)

73

M

M M 1 1 I1 1 1 1

QBE

i t 1 I t I.I I 1 i i

M I 1 1 111 1

~~

Monthly (Mar.)

0

BLS

lillllIII
Quarterly (1)

Billion $

Percent

1957-59=100

40

5

130

UNEMPLOYMENT RATE*
.

CURRENT DOLLAR GNP**
(Change From Previous Quarter)
30

-

20

-

1 III

10

0

•ill

-

4

1-/""S^AS - '-

-

3

-

-

1

Quarterly (1)

II 1 1 i 1 ll

Monthly (Mar.)
Million Persons

76

-

-

i

64

l l .

.|

|

|

Quarterly (IV) (1)

60

Hours

45.0

CONSTANT DOLLAR (1958) GNP**
(Change From Previous Quarter)
—

—

llhi

- —-""" "**

Man-Hours*
(right scale)

•
-4

i

i

t

1967

t

i

t

1968

i l l .
1969




35.0

il Food*

BLS

-

—

(

i i 1 t i 1 i i 1 ii

A

jr

Industrial Commodities

110

\

^*

^^C

130

105

1 20

1 00 I 1 1 1 1 I M 1 I i

-

Total

BLS

l i l l l lM i l l

1 i 1 1t 1 1 1 1 1I

Monthly (Mar.)

Dollars

BLS

1957-59=100

130

PRODUCTION OR NONSUPERVISORY WORKERS
(PRIVATE)
Average Hourly Earnings
^
(right sc

;vi

\

>**

Average Weekly Hours*
(lejt scale)

1 1 I I1 1 M 1 1

1967

1 1 1 M 1 1 t M 1

1968
Monthly (Mar.)

WHOLESALE PRICES
Processed Foods
and Feeds

3.00

120

2.80

110

2.60

100 \

—

S

s*^~-~^£* **P*»

37.5

Quarterly (1)
QBE
* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics

1 1 1 1 1 1 1 1 i i i 'i i i i i i i i i i i

40.0

ill

0

42.5

~~

1957-59=100

115

140

Monthly (Mar.)

12

4

1 1 1.1 1 11 1 1 t lillll 1 1 1 1 i 1 1 i i 1 11 1 i ii

^S*
^,

QBE

Percent

8

110

*-. — •*

\Sales
Final
I

1 . 1

*CvX**

^

»«"***

WHOLESALE PRICES
-

Employment*
(left scale)

Inventory Change
600

115

Total
+
\ ^S^ »**'

120

<*«*^K

650

—

Monthly (Feb.)

Billions

68

\

120

BLS

72

_^-<

Y
^!iti^^(

-

NONFARM ESTABLISHMENTS
(Employees)

CONSTANT DOLLAR (1958) GNP**

Total

i i 1 i i 1 t i 1 ii i i i t H t i 1 i i

M 1

QBE

800

700

125

Married Men
2

Billion $

750

CONSUMER PRICES

^^\^

Total

QBE

t i 1 1 ii 1 1 1 it
1969

2.40

90

/ v

V

x

'\

x /'" ' \

Farm P roducts

1 111111 111
1967

BLS

111111

1 11I I

1968
Monthly (Mar.)

IM 1 1t 1 I1 1 1

1969
BLS

}

SUKVJiil UF (JUKKUJNT JbUSlJNJUSS

April 1960

* Personal income advanced $5.3 billion in March, matching the large February rise
• Retail sales rose to a new peak in March
• Total fixed investment advanced by a record $6 Vi billion in the first quarter
INCOME OF PERSONS

CONSUMPTION AND SAVING

Billion $
800

_

Billion $
100

PERSONAL CONSUMPTION
EXPENDITURES**

PERSONAL INCOME**
750

FIXED INVESTMENT

Billion $
650

_

600

75

550

50

Producers' Durable Equipment**

___\

s

^

700

500

650

^^/
^^^S
•
^^
^S~

-

^-^
^\
600

1 11 M

1 1 1 1 1 1

1 1 1 1 1 1 1 1 1 1 1

I 1 1 11t 1 1 1 1 t

Monthly (Mar.)

\

450

Billion $

,

400

/
_

Billion $
80

-...

150

/

25 ^^^^1

-——-

20

M M 1 11 1 1 M

1 1 i ..1 , i . .1

1 1 1 1 1 11 1 1 11

Monthly (Mar.)

100

15

1 M i 1 1 I II I 1

QBE

Billion $

/

"\ 1 -

65

yf\^-^

Monthly (Mar.)

_

_

^^^f^-

/^

^r

Domestic
(left scale)

l

l

i

l

\

l

\

\

Quarterly (1)

2,600

f\

Imports
(right scale)

/

"
-

2,400

2,300

i

l

l

1967

t

i

l

1968

1

1

1

1969

Quarterly (I)
QBE
* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics




8

6

4

i
OBE-SEC

_

A

0

5

4

^^

I

-

Shipments

1 1111 11111i

i.t i i i 1 i 1 1 i i 1 1 1 1 1 1 1 1 1 1 i

Trade Sources & QBE

Monthly (Feb.)

Census

Million Units
2.5

PRIVATE NONFARM HOUSING**

-

2.0

-

Starts
_

i

X*. f^}4 '

PERSONAL SAVING RATE*

2,500

Anticipated

A—r^^

1 1 1 1 1 1 i 11 1 1 1 1 1 1 1 11 1 1 1 i
Monthly (Mar.)

10

i

i

j^y**^ "••>*HV: f

Percent
12

REAL PER CAPITA DISPOSABLE
PERSONAL INCOME**
- (In 1958 Dollars)

i

New Orders

2

QBE

2,700

7

6

6

4

Dollars

i

MACHINERY AND EQUIPMENT*
(Manufacturing Firms)

_

J^^A

^

-

i

1

Quarterly ( II )

_

r-v
\\fA*
\J&
ir

550

500

Census

i

Billion $

\

8

i

0

8

10

^n>

600

i

60

NEW CAR SALES**

DISPOSABLE PERSONAL INCOME**
650

1 1 11111 11 11 1111 1111 ii t

Million Units
12

700

r^'' i -

70

Excluding Automotive Group

350

QBE

1^
— ^.^» ***

\_ — — *

i

75

Manufacturing
(right scale)

—

i

PLANT AND EQUIPMENT
EXPENDITURES**

Total

\ ^s*^
200

i

Quarterly (1)

35

30

\^^^

^/\
^^^"^

0

QBE

RETAIL STORE SALES*

Total

450

i i i

(1)

--11" \
Residential Structures**
i i i
i l l

-7

Billion $

WAGES AND SALARIES**
500

25

i i i

i

Quarterly

550

_

\

QBE

_

Nonresidential Structures**

_

XXs^\\^\
i

i i

1967

I

I

I

1968

Quarterly (1)

\

A

K

1.5

y^Vp^s-'*'
1.0

i

l

l

.5

1969

^

i 111 1 11 1 1 1 i 11 11 1 11 1 1 1i

1967

QBE

Permits

1968

* \

-

•i i i i i 1 i i i i i

1969

Monthly (Mar.

Census

SURVEY OF CURRENT BUSINESS

April 1969

* Business inventories (book value) increased sharply in February after small addition in January
* Because of the dock strike, first quarter net exports declined from low fourth quarter rate
» Federal purchases rose modestly in the first quarter— defense outlays again little changed
INVENTORIES

FOREIGN TRANSACTIONS

Billion $
40

Billion $

12

140

NET EXPORTS**

CHANGE IN BUSINESS INVENTORIES**
(GNP Basis)
30

20

-

-

—

8

-

4

FEDERAL PURCHASES OF
GOODS AND SERVICES**
.
120 —

Goods and Services
/

l.il.Ill 1
Quarterly (1)

i

-

I

Totii

S?

I

I

I

I

60

1 11 1 1 1 M 1 11

M 1 1 1 1 11 1 1 1

-

2.0

1 1 1 1 1 1 1J J 1|

1.5

Monthly (Feb.)

3

"\A/XA /^

_

2

1!
|:

Imports

I

I
QBE

V

\
Shipmen Is

1

i i i i 1 1 1 1 1 1 1 i i 1 1 1 1 1 i 1 1 ii

1 1

U

2

1

1 1 1 1 1 1 1 M

New Orders

va

-

_

1

\>\A& A/J .

\\

Monthly (Feb.)

MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)

Defense
i t

DEFENSE PRODUCTS*

0

1 1 1 1 1 1 1 1 M

Census

1

1 1 1 1 1 1 1 1 1 11

1 1 1 1 1 1 M

Monthly (Feb.)

1 1 1

Census

Billion $
225

Billion $
4

120

l

Quarterly (1)

4

Exports

Census & QBE

Billion $

'~
i

QBE

fl

^ ^J

^^>^

140

~^m
i i

4

3.0

2.5

'

Billion $

MERCHANDISE TRADE*
-

150

_

I

Quarterly ( IV )(|)

MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)

••••

*^~~^
nf\

Billion $
3.5

170

100

i

QBE

Billion $

130

i

V——l

V

Merchandise
4

-

100

A ^x^V

o

-

Total

_^=^/

10

160

GOVERNMENT

Billion $

NET FLOW OF PRIVATE U.S. AND FOREIGN CAPITAL
(Other than Liquid Funds)*
_

200

FEDERAL BUDGET**
(NIA Basis)

_

_.

Manufacturing
Qf\

V

^

r

/

Inflow
^Outflow y

Expenditures

* >/

—

^^^^-^
60

- Y

«

2

-

iii

Trade

40

1 11 1 1i 1 11 1 1

1 11 M 1 111 M

| | 1 1 || M | |

Monthly (Feb.)

4

i

i i i

Quarterly (IV)

INVENTORY/SALES RATIOS*

-x-Vv

•—CA^S.
x
Total 1
Manufacturing and Trade

i ii 1 l 1 t 1 11 1

_2

i

i

i

i

1

1

1

QBE

Billion $
150

STATE AND LOCAL PURCHASES
OF GOODS AND SERVICES**
125

,—<r^
-

7"\;

75

Liquidity Basis

1 11l 11 1I 1 1

1 IM 1 1 1 1 1 I1

1968

1969

1967

i

—

Quarterly ( IV ) (I)

Vv

"YT

i

125

QBE

Official Reserve Transactions Basis

2

'"""""^'-v.'^x*

14

\
<^/S
— "Deficit^ \
150
" —^*^
Receipts

BALANCE OF PAYMENTS*

Manufacturing

1.2

i

Billion $
4

Ratio
2.0

18

i

Census & QBE

.•*•"*/''**

1 -1C

Monthly (Feb.)
Census & QBE
* * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics

4

l
1967

i

t

^
l

i

t

1968

Quarterly (IV)

i

i

i

50

1969

i

l

1967

QBE

l

i

l

l

1968

Quarterly (l)

1

1

1

1969

QBE

* Seasonally Adjusted




69-4-7

8

SURVEY OF CUKKEJNT BUJ31JN.ESJ3

April 1969

• In March—Industrial production extended the rise underway since last September
•
—Bank credit and money supply showed little change for the third straight month
•
—With tighter credit policy, negative free reserves continued to rise—interest rates remained at high levels
INDUSTRIAL PRODUCTION

MONEY, CREDIT, AND SECURITIES MARKETS

Index, 1957-59=100

Billion $

190

460

240

-

420

220

Bank Credit
(left scale)

JT*'

\

160

.

t ***

^~^'\!f

.*

^"V ^/S

\

jf*

-0^7

Before Tax and Including IVA
\

100

V.—

^\—'

200

80

180

60

160

40

340

**dr^
\
slT^
Money SuPP'y
^^•^
(right scale)

300

1 111 i111 iii ii111 111 111 iii11 11 i11i

Nondurable Manufactures

1 1 1 fa*Ki 1 1 i i i 1 1 i 1 1 i i n i i i i t 1 1 1 i i 1 1
Monthly (Mar.)

-__ ——

FRB

Monthly (Mar.)

i

Billion $

Billion $

2

120

175

,r--N
t
V
A i
;\ i' y\ l*As\1

1

-

100

N

150

125

100

ll/

60

-2

1 1 1 1 1 1 1 II

Profits After Taxes

-

8

v "^—r

1

^^^X.^

2

n

1

1

1

4

2

.*"*"*

3-month Treasury Bills

*•«!?

0

JlllJl Jl

1 11111111 1 i i 11 11 1 11 111 i11 1 11i111i

l

-2

Percent
0

STOCK PRICES
—

120

—

100

1 M 1 1 1i M 11

Standard and Poor's (500)

I M M IM 1 t 1

1967

1 1 1 M 1 1 1 1 11

1968

1969

Monthly (Feb.)
Census
* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics




60

Vv
^

yx/

.L.I
1
Quarterly (IV)

1

1

1 .
BLS

-

-

_

_

2

1. in. n

i ii 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
1967

.1

4

s^T

Shipnlents

r\ A

20

f

i

UNIT LABOR COSTS, PRIVATE ECONOMY*
(Change From Previous Quarter)

A..

^~\

\ ft * -A / \
^£^^\««*W v

i

Monthly (Mar.)

140

—

J n fl
l ill 1

I

FRB

DURABLE GOODS MANUFACTURERS*

Compensation

\

" ^^^"^^^

1941-43=10

\

QBE

OUTPUT AND COMPENSATION PER MAN-HOUR,
PRIVATE ECONOMY*
4 - (Change From Previous Quarter)

36

New Orders

i l l

Quarterly (IV)

Billion $

?8

i i i

1

FRB

-

6

Quarterly (1)

32

1

Output

-

i t i

40

Corporate Yields, Moody's Aaa

80

1

^-—
J "•"'

Percent
6

Manufacturing

1

M 111 11 11 11

INTEREST RATES AND BOND YIELDS

_

1

t 1 1M 111 1 11

Monthly (Mar.)

RATIO, OUTPUT TO CAPACITY*

75

1 t

FRB

10

1

X—

i

^

I 1 1 1 111 1 1 11

1 M 1 t 1 M 111

Percent

85

<Ti

^^

-1

95

__

80

s

Percent

x^^

-

V

1 11111 111 11

\

-

\ ^ —^

Monthly (Mar.)

90

^^

/

/

QBE

Internal Funds

*s~-

1^

0

i i i

CORPORATE INTERNAL FUNDS AND PROFITS**

FREE RESERVES

k

i i i

i

Quarterly (IV)

200

INDUSTRIAL PRODUCTION*

i

FRB

Index, 1957-59=100

Autos

+sy^
—T

\^^^'""'

*^Z/ \

x
sJ^v
/V/*J
150

380

\^» *' .>^

CORPORATE PROFITS**

-

Durable Manufactures
170

1 20

BANK CREDIT AND MONEY SUPPLY*

INDUSTRIAL PRODUCTION*
180

PROFITS AND COSTS
Billion $

1968

1969

Monthly (Mar.)

-2
1967

i

i

i

1

1
i
1
1
1 1
1968
1969
Quarterly (IV)
BLS

SUEVEY OF CUKEENT BUSINESS

April 1969

NATIONAL INCOME AND PRODUCT TABLES
1967

1968

IV

1967

II

1967
III

1967

IV

1968

1968

IV

Seasonally adjusted at annual rates

II

1969
III

IV

Seasonally adjusted at annual rates

Billions of current dollars

Billions of 1958 dollars

Table 1.— Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product

789.7

860.6

811.0

831.2

852.9

871.0

887.4

903.4

673.1

706.7

681.8

692.7

703.4

712.3

718.4

Personal consumption expenditures

492.2

533.8

502.2

519.4

527.9

541.1

546.8

558.4

430.5

450.9

434.1

444.9

447.5

455.7

455.4

72.6
215.8
203.8

82.5
230.3
221.0

74.2
218.4
209.6

79.0
226.5
213.9

81.0
228.2
218.7

85.1 85.1
232.7 233.7
223.4 228.0

86.9
239.1
232.4

72.4
191.1
167.0

80.1
197.1
173.7

73.0
191.6
169.5

77.3
196.5
171.0

78.9
196.1
172.6

82.5
198.5
174.8

81.7
197.3
176.4

Durable goods
Nondurable goods
Services

.

__ _ .

114.3

127.7

121.8

119.7

127.3

127.1

136.6

138.9

99.5

106.9

104.7

101.5

107.3

105.8

113.1

__ 108.2

119.9

113.5

117.6

116.5

119.6

126.0

132.5

93.6

99.8

96.7

99.5

97.4

99.0

103.5

83.6
27.9
55.7

90.0
29.2
60.8

85 0
27.7
57.3

88.6
29.6
59.0

87.0
28.5
58.5

90 1
28.8
61.3

94.3
29.9
64.5

99 8
32.5
67.3

73 7
22.6
51.1

76 8
22.5
54.3

74.0
22.1
52.0

76 5
23.4
53.0

74.5
22.1
52.4

76.6
21.9
54.7

79.6
22.6
57.0

24.6
24 0
.6

29.9
29.3
.6

28.5
27.9
.6

29.1
28.5
.6

29.5
28.9
.6

29.5
28.9
.6

31.6
31 0
.6

32.7
32 1
.6

19.9
19 5
.5

23.1
22.6
.5

22.7
22.2
.5

23.0
22.6
.5

22.9
22.5
.5

22.4
21.9
.5

23.9
23.4
.5

6.1
56
.5

7.7
7.3
.5

8.3
71
1.2

2.1
16
.4

10.8
10.4
.4

7.5
73
.1

10.6
97
9

6.4
56
8

5.9
53
.6

7.1
66
.5

8.0
6.7
1.3

2.0
16
.4

9.9
9.6
.4

6.8
6.6
.1

9.6
8.8
.9

Gross private domestic investment
Fixed investment.

_

Nonresidential Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm _. ._ ._
_

_

.

_

__.
.

Change in business inventories
Nonfarm
Farm...
_

_ _ . __

Net exports of goods and services
Exports
Imports

.

__

Government purchases of goods and services

4.8

2.0

3.4

1.5

2.0

3.3

1.0

o

2.4

— .3

1.0

-.1

-.6

.7

— 1.3

45.8
41 0

50.0
48 1

46.0
42 6

47.5
46 0

49.9
47 9

52.6
49 4

50 1
49 1

47 2
47 2

41.8
39 3

45.3
45 6

41.9
40 9

44.0
44 1

44.7
45 4

47.6
46.9

44.9
46 2

183 5

190 5

195 7

199 6

203 0

206 2

140 7

149 2

142 0

146 5

149.2

150.1

151.2

101.7
80 0
21 7

102 3
80 3
22 0

74.8

79.3

75.6

78.1

80.1

79.5

79.3

101 2

103 9

65 9

70 0

66.4

68.4

69.1

70.6

71.8

178 4

197 2

Federal
National defense ._
Other

90.6
72 4
18.2

100.0
78.9
21.1

93.5
74 6
19 0

97.1
76 8
20 3

100.0
79 0
21.0

101.2
79 6
21.5

State and local

87.8

97 2

90 0

93 4

95 6

98 4

723.6

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
Gross national product .
Final sales
Change in business inventories
Goods output

_

789 7

860 6

811 0

831 2

852 9

871 0

887 4

903 4

673 1

706 7

681 8

692 7

703 4

712.3

718.4

783 6
61

852 9
77

802 7 829 1
21
83

842 1
10 8

863 5
75

876 8
10 6

897 0
6 4

667 2
59

699 6
71

673 8
80

690 7
20

693 5
99

705 5
6.8

708 7
9.6

396 9

430 8

404 8

414 9

428 4

436 9

443 0

361 0

380 3

364 4

370 4

379 2

384.7

386.8

Final sales
Change in business inventories

390 8
61

423 1
77

396 5
83

412 8
21

417 6
10 8

429 5
75

432 4
10 6

355 1
59

373 2
71

356 4
80

368 4
2 0

369 3
9.9

378 0
6.8

377 2
9.6

Durable goods
Final sales
Change in business inventories

159 3
156 4
30

176 7
172 2
4 3

164 1
159 9
42

168 2 175 3
166 7 169 1
62
15

180 0
175 1
49

183 3
177 8
56

150 3
147 6
27

162 1
158 0
4i

152 8
149 0
38

155 9
154 5
14

161 2
155 6
56

164.9
160 5
4.4

166.5
161 5
5.0

Nondurable goods
Final sales
Change in business inventories

237 6
234 5
31

254 1
250 9
32

240 7
236 6
4i

246 7
246 1
g

253 1
248 5
46

256 9
254 4
25

259 7
254 6
50

210 7
207 5
32

218 2
215 2
30

211 6
207 5
4i

214 5
213 9
6

218.0
213 7
4 3

219.8
217 4
24

220.3
215 7
4 7

314 8

342 7

324 7

330 4

339 2

347 6

qeo 7

249 6

260 0

253 2

255 1

258 7

262 3

263 7

81 5

QK 0

QK A

QD A

90 7

62 5

66 4

64 2

67 2

65 5

65 2

67 8

Services
Structures

77 9

87 1

64

723.6

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product
Private

_._

Business
Nonfarm
Farm
Households and institutions
Rest of the world
General government
* Preliminary.
336-296 O - 69 - 2




789 7

860 6

811 0

831 2

852 9

871 0

887 4

903 4

673 1

706 7

681 8

692 7

703.4

712.3

718.4

631 8

641 6

649 7

655 5

704 8

766 3

722 3

740 3 759 9

789 8

614 0

644 7

677 9
653 7
24 2

737 3
712 3
25 0

694 1
669 4
24 8

712 4
688 1
24 3

730 8
706 1
24 7

775 0
745 Q
720 2
25 5

621 7

760 5
735 0
25 5

594 0
569 9
24 i

623 7
599 8
23 9

600 8
576 3
24 5

611 4
587 8
23 6

620 5
596 2
24 3

628 5
604 5
24 0

634 4
610 5
24 0

22 3

24 0

22 9

23 5

24 2

24 2

24 2

15 5

15 7

16 1

16 3

16 2

16 0

46

49

53

44

49

52

52

45

16 1
4g

52

43

48

51

5i

88 6

Qft 8

Q4 ft

96 0

97 6

59 0

62 0

60 1

60 9

61 8

62 6

62 9

84 8

94 3

723.6

SUKVEY OF CUEEENT BUSINESS

10

1967

1968

IV

I

II

1967

1969

1968

1967

March 1969

III

IV

1967

I P

1968

Equals : Net national product

72.3

73.7

74.9

76.2

Equals: National income
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance
Wage accruals less disbursements
Plus: Government transfer payments
to persons
Interest paid by government
(net) and by consumers
Dividends .
Business transfer payments
Equals: Personal income

77.5

720.5 786.3 739.8 758.8 779.1 796.1 811.2 825.9

Less: Indirect business tax and nontax
69.6 75.8 71.2 72.8 74.8 76.7 79.0
liability .
3.2
3.3 3.3 3.3
3.1 3.3 3.2
Business transfer payments.
—3.5 -4.8 -4.2 -4.7 -3.6 -5.3 -5.5
Statistical discrepancy
Plus: Subsidies less current surplus of
government enterprises.

1.6

.7

1.3

.5

.7

1.0

.6

81.2
3.3

.7

652.9 712.8 670.9 688.1 705.4 722.5 735.1
80 4

89.1

82.3

83.8

89.2

91.6

91.8

41 9

46.9

43.0

45.8

46.5

47.4

47.8

51.8

.0

.0

.0

.0

.0

.0

.0

.0

48.6

55.3

49.7

52.5

55.0

56.3

57.5

59.0

23.6
22.9
3.1

25.9
24.6
3.3

24.2
22.5
3.2

24.9
23.6
3.2

25.7
24.4
3.3

26.2
25.2
3.3

26.7
25.4
3.3

27.2
25.4
3.3

423.4 463.5 436.4 448.3 457.6 469.0 479.0 490.5

Wages and salaries

337.1 367.2 346.0 355.7 362.8 370.9 379.2 389.1
16.3 18.3 17.1 17.5 17.8 18.9 18.8 18.8
70.0 78.1 73.3 75.2 77.0 79.1 81.1 82.6

Private.
Military
Government civilian

Supplements to wages and salaries. .. 44.8
Employer contributions for social
insurance
21.5
Other labor income _
Employer contributions to private pension and welfare funds
Other
Proprietors' income

628.8 685.8 645.2 662.7 678.1 694.3 708.2 721 4

Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm

Personal consumption expenditures . 24.9 30.1
Producers' durable equipment
5.3
4.4
.8
Change in dealers' auto inventories.. -.5

25.3
4.5
1.4

28.4
5.0
.6

29.0
5.1
2.3

31.6
5.6
-.6

31.3
5.5
.9

Net exports
Exports
Imports

—.1
1.6
1.7

-.7
2.1
2.8

-.2
1.8
2.0

—.6
1.6
2.2

-.5
2.3
2.9

-.7 —1.0
2.1
2.4
3.1 3.1

25.9
2.9

32.2
4.3

28.0
3.4

30.0
4.0

32.8
4.2

33.1
4.0

Addenda:
New cars, domestic 2
New cars, foreign

33.1
4.9

51.7

54.4

24.2

24.4

26.3

26.1

24.2

25.0

25.7

26.5

27.3

28.0

19 5
3.8

60.7

62.9

61.1

61.8

62.6

63.4

63.7

63.7

46.3

47.8

46.8

47.2

47.8

48.0

48.2

48.4

46.6
— 3

48.4
—.6
14.3

14.6

14.8

15.4

15.5

15.2

20 5

20 7

20 9

21 0

21.2

21 4

Corporate profits and inventory valuation adjustment

80.4

89.1

82.3

83.8

89 2

91 6

91.8

81.6

92.3

85.4

88.9

91.8

92 7

95.7

33.5
48.1
22 9
25.2

41.3
51.0
24.6
26.3

35.1
50.3
22 5
27.9

39 8
49.1
23 6
25.5

41 1
50.7
24 4
26.3

41 5
51 2
25 2
26 0

42.8
52.8
25.4
27.5

25 4

-1.2 -3.1 -3.1 -5.1 -2.7 -1.0 -3.8 -5.9
23.3

26.3

24.3

25.0

25.8

26.7

27.6

28.5

Table 7.—National Income by Industry Division (1.11)
All industries, total

36.9

50.7

23.7

15.1

Billions of current dollars
36.1 36.1

49.4

23.5

21.0

Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)

33.7

48.4

22.1

14.4

Inventory valuation adjustment

31.3

46.2

23.9

20 3

Net interest .

35.7

23.3

50.1

Rental income of persons

Profits tax liability
Profits after tax
Dividends
Undistributed profits

29.0

IP

468.2 513.6 482.7 496.8 507.1 519.7 530.7 544.8

Compensation of employees

Profits before tax

Gross auto product l

rv

652.9 712.8 670.9 688.1 705.4 722.5 735.1

National income
. . . . . 789.7 860.6 811.0 831.2 852.9 871.0 887.4 903.4
71.1

III

Table 6.—National Income by Type of Income (1.10)

Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)

74.3

II

Billions of dollars

Billions of dollars

Less: Capital consumption allowances. 69.2

I

IV

1969

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

Gross national product

•1968

652.9 712.8 670.9 688.1 705.4 722.5 735.1

Agriculture, forestry, and fisheries
Mining and construction
Manufacturing
Nondurable goods
Durable goods
Transportation

21.4 22.5 21.4 21.9 22.2 22.9 23.1
39.7 42.8 40.3 41.3 42.6 42.9 44.3
196.6 215.9 201.0 207.7 214.4 218.2 223.1
75.8 82.9 77.6 80.1 82.1 84.2 85.2
120.8 133.0 123.4 127.7 132.3 134.0 138.0
26.1 28.0
13.1 14.2
12.9 13.9
96.8 105.5

26.5 27.3 27.9 28.2 28.4
13.3 13.7 13.7 14.6 14.8
13.2 13.5 13.6 14.4 14.2
99.7 101.8 104.5 107.2 108.4

Finance, insurance, and real estate
Services

70.9
77.0

73.0
79.2

Rest of the world

93.6 104.5
4.6
4.9

I

U

Wh 1

1

. .

H

t

1I t

.

H

77.3
83.3

74.5
81.3

76.2
82.6

78.6
84.0

80.0
85.3

98.0 100.5 102.8 106.3 108.2
5.3
4.4
5.2
4.9
5.2

Billions of 1958 dollars
Gross auto product 1

34.8

30.7

33.0

35.4

35.2

35.7

Personal consumption expenditures. 24.8 29.2
Producers' durable equipment
5.2
4.4
Change in dealers' auto inventories.. -.5
.8
Net exports
0.0 -.6
Exports
2.1
1.7
Imports
2.7
1.7
Addenda:

24.8
4.4
1.4

27.7
5.0
.6

28.3
5.1
2.3

30.7
5.5
-.6

30.1
5.4
.8

-.1
1.8
1.9

-.5
1.6
2.1

-.4
2.3
2.8

-.6
2.4
3.0

-.9
2.0
2.9

New cars, domestic 2 _ _
New cars foreign

27.9
3.3

29.9
3.9

32.7
4.1

32.8
3.9

32.5
4.7

29.0

26.4
2.9

32.0
4.1

1. The gross auto product total includes government purchases, which amount to $0 2.....
billion
annually for the periods shown.
2
* ?P?elh5nm the gr°SSaUt°product total by tnemarkuPon both used cars and foreig




Table 8. —Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by B road Industry Groups (6.12)
All industries, total
Financial institutions
Mutual
Stock..

80.4

89.1

82.3

83.8

89.2

91.6

91.8

10.3

11.5

10.6

11.0

11.2

11.9

11.8

1.9
8.4

Non financial corporations

70.1

77.6

71.7

72.9

77.9

79.7

80.0

Manufacturing
Nondurable goods

39.2
18.0
21.2

44.5
19.8
24.7

39.9
18.0
21.9

41.3
19.0
22.3

44.9
19.7
25.2

45.3
20.3
25.0

46.5
20.2
26.3

11.8
19.0

12.6
20.6

11.9
20.0

12.5
19.0

12.5
20.6

13.0
21.4

12.3
21.3

_

Transportation,
communication,
and public utilities
All other industries

SUKVEY OF CURRENT BUSINESS

April 1969
1967
1967

1968

IV

1969

1968
I

II

11

III

IV

1967

IP

1967 1968

Seasonally adjusted at annual rates

453.1 496.1 464.6 477.7
45.7

46.7

47.6 48.5

49.3

40.6

44.4

41.6

42.6

43.7

45.0 46.4

47.8

-.8

Corporate profits and inventory
valuation adjustment.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment..

76.8
78.0
33.5
44.5
21.3
23.1
-1.2

85.2
88.3
41.3
47.0
22.9
24.1
-3.1

Gross product originating in
financial institutions
Gross product originating in
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

-.9

-.8

78.1 80.3
81.2 85.4
35.1 39.8
46.1 45.6
20.6 22.0
25.5 23.6
-3.1 -5.1

Net interest
Corporate profits and inventory
valuation adjustment
Profits before tax
_ _
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment. ~
Cash flow gross of dividends
Cash flow, net of dividends

400.7 410.4 417.7
316.3 323.7 330.8 340.2
280.4 286.9 293.3 300.6
35.8 36.8 37.5 39.6
-.8

-.8 -.8

87.9
66.6

94.1
71.2

91.0
70.4

91.3
69.3

93.5
70.8

20.0

23.1

20.9

21.7

22.5

23.9 24.3

433.0 472.9 443.7 455.9

—.8

85.2 87.5 87.7
87.9 88.6 91.5
41.1 41.5 42.8
46.8 47.1 48.7
22.8 23.4 23.6
24.0 23.7 25.1
-2.7 -1.0 -3.8 —5.9
94.7 97.2
71.3 73.6

468.6 479.0 488.2

42.2

45.8

43.7

44.4

45.4

46.3 47.1

48.0

42.5

39.7

40.7

41.8

43.0 44.3

45.7

277.0 301.8 283.9 292.5
246.8 268.0 252.8 259.8
30.2 33.8 31.1 32.7

8.5

9.2

8.9

9.0

66.4
67.6
28.8
38.8
20.1
18.8
-1.2

73.7
76.8
35.7
41.1
21.6
19.5
-3.1

67.5
70.6
30.2
40.4
19.4
21.0
-3.1

69.3
74.4
34.5
39.9
20.7
19.2
-5.1

81.1 86.9 84.0
61.0 65.3 64.6

84.3
63.6

381.4 389.8 396.7

298.3 304.9 311.4 319.9
264.9 270.7 276.6 283.2
33.4 34.2 34.8 36.7
9.1

9.3

74.0 75.6
76.6 76.6
35.6 35.7
41.0 41.0
21.4 22.0
19.6 18.9
-2.7 -1.0
86.5
65.0

9.4

9.5

75.9
79.7
37.1
42.6
22.2
20.4
-3.8 —5.9

87.2 89.7
65.2 67.5

Billions of 1958 dollars
Gross product originating in
392.3 416.3 397.2 405.9
nonfinancial corporations

413.5 420.8 425.3

Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
Compensation of employees
Net interest

Rental income of persons
Dividends
Personal interest income

1.133 1.138 1.148

.110

.110

.109

.110

.110 .111

.099
.706
022

.102
.725
022

.100
.715
.022

.100
.721
022

.101
.721
022

.102 .104
.725 .733
.022 .022

Corporate profits and inventory valuation adjustment
.169
Profits tax liability
.073
Profits after tax plus inventory valuation adjustment-. .096

.177
.086

.170
.076

.171
.085

.179
.086

.180 .179
.085 .087

.091

.094

.086

.093

.095 .091

678.1 694.3 708.2 721.4

463.5
180.6
145.4
109.4
77.2
96.3

436.4
170.5
137.1
103.1
72.4
90.4

448.3
175.6
141.2
105.6
74.5
92.6

457.6
178.6
143.8
108.0
76.2
94.8

469.0 479.0
181.6 186.4
146.7 149.9
111.1 112.9
78.2 79.9
98.1 99.8

490.5
190.8
152.6
115.8
82.4
101.4

23.3

26.1

24.2

25.0

25.7

26.5 27.3

28.0

60.7
_. 46.3
14.4

62.9
47.8
15.1

61.1
46.8
14.3

61.8
47.2
14.6

62.6
47.8
14.8

63.4 63.7
48.0 48.2
15.4 15.5

63.7
48.4
15.2

_ ._. 20.3
22.9
46.8

21.0
24.6
52.1

20.5
22.5
48.5

20.7
23.6
49.8

20.9
24.4
51.4

21.0 21.2
25.2 25.4
52.9 54.3

21.4
25.4
55.7

51.7
Transfer payments.
Old-age, survivors, disability, and
health insurance benefits
25.7
State unemployment insurance
2.1
benefits _.
Veterans benefits
_ . 6.6
17.3
Other

Less: Personal contributions
social insurance

for

1. Excludes gross product originating in the rest of the world.
2. This is equal to the deflator for gross product of nonfinancial corporations, with the decimal
point shifted two places to the left.
3. Personal saving as a percentage of disposable personal income.
p Preliminary.

58.6

52.9

55.7

58.3

59.5 60.8

62.3

30.3

26.4

28.2

30.5

30.9 31.6

32.3

2.1
7.2
19.1

2.0
6.8
17.7

2.2
7.0
18.4

1.9
7.1
18.8

2.1 2.0
7.2 7.3
19.3 19.8

2.2
7.7
20.1

20.4

22.9

20.9

22.3

22.8

23.2 23.4

25.5

82.5

96.9

85.6

88.3

91.9 101.6 105.8 112.8

Equals : Disposable personal income. _ . 546.3 589.0 559.6 574.4

586.3 592.7 602.4 608.6

506.2 548.2 516.1 533.5
Less: Personal outlays
Personal consumption expenditures- 492.2 533.8 502.2 519.4
Interest paid by consumers
13.1 13.7 13.3 13.4
Personal transfer payments to for.8
.7
eigners
.7
.7

542.3 555.6 561.6 573.3
527.9 541.1 546.8 558.4
13.6 13.8 14.0 14.2

Equals: Personal saving

40.2

Addenda:
Disposable personal income :
Total, billions of 1958 dollars
Per capita, current dollars
Per capita, 1958 dollars

40.7

43.4

40.8

478.0 497.5 483.7 491.8
2,744 2,928 2,798 2,866
2,401 2,473 2,418 2,454

Personal saving rate,3 percent

_.

7.4

6.9

7.8

7.1

.8

44.0

.7

.7

.7

37.1 40.9

35.3

497.1 499.2 501.7 502.2
2,918 2,942 2,982 3,006
2,474 2,478 2,483 2,480
7.5

6.3

6.8

5.8

Table 11. —Personal Consumption Expenditures by Major Type (2.3)
Personal consumption expenditures
492.2 533.8 502.2 519.4
Durable goods..

527.9 541.1 546.8 558.4

72.6

82.5

74.2

79.0

81.0

85.1 85.1

86.9

Automobiles and parts
30.4
Furniture and household equipment . 31.4
Other
10.9

36.6
34.3
11.7

31.4
31.8
11.1

34.6
33.3
11.1

35.4
33.9
11.7

38.1 38.2
35.4 34.5
11.5 12.4

38.0
35.4
13.5

Food and beverages
Clothing and shoes
Gasoline and oil.
Other

.108




I*

628.8 685.8 645.2 662.7

Other labor income
Proprietors' income .
Business and professional
Farm

Nondurable goods
Dollars
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
1.104 1.136 1.117 1.123
corporations

IV

423.4
166.6
134.1
100.5
70.0
86.3

Wage and salary disbursements
Commodity-producing industries .Manufacturi n.g
Distributive industries
Service industries
Q ov eminent

Less: Personal tax and nontax payments

38.8

Income originating in nonfinancial
351.9 384.7 360.3 370.8
corporations
Compensation of employees
Wages and salaries.
Supplements

Personal income

44.9

-1.0

Cash flow gross of dividends
Cash flow net of dividends

491.1 503.0 512.5

47.1

Net interest

III

Table 10.—Personal Income and Its Disposition (2.1)

43.4

Income originating in corporate busi369.0 404.5 378.1 389.4
ness
293.3 320.2 300.9 309.9
Compensation of employees
260.8 283.9 267.5 274.9
Wages and salaries
32.4 36.3 33.4 35.1
Supplements

II

Billions of dollars

Table 9.—Gross Corporate Product1 (1.14)
Gross corporate product

I

IV

1969

Seasonally adjusted at annual rates

Billions of dollars

Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies

1968

_

Services.
Housing
Household operation
Transportation
Other

215.8 230.3 218.4 226.5

228.2 232.7 233.7 239.1

109.4 116.6 110.8 113.6
42.1 45.8 42.3 44.6
18.1 19.8 18.6 19.7
46.2 48.1 46.7 48.5

116.4 117.7 118.6 121.4
44.8 47.2 46.7 47.5
19.4 20.0 20.0 20.8
47.6 47.8 48.5 49.4

203.8 221.0 209.6 213.9

218.7 223.4 228.0 232.4

70.9
29.0
15.0
88.9

76.2
31.2
16.6
97.0

72.2
29.9
15.5
92.0

74.0
30.3
16.2
93.3

75.4
31.0
16.3
95.9

76.9
31.5
16.8
98.2

78.6 80.3
31.9 32.5
17.1 17.5
100.4 102.1

Table 12.— Foreign Transactions in the National Income
Product Accounts (4.1)

and

Receipts from foreigners...

45.8

50.0

46.0

47.5

49.9

52.6 50.1

47.2

Exports of goods and services .

45.8

50.0

46.0

47.5

49.9

52.6 50.1

47.2

45.8

50.0

46.0

47.5

49.9

52.6 50.1

47.2

41.0

48.1

42.6

46.0

47.9

49.4 49.1

47.2

Transfers to foreigners
Personal
Government
.

3.1
.8
2.2

2.7
.7
2.0

2.6
.7
1.9

2.6
.7
1.9

2.8
.8
2.1

2.8
.7
2.1

2.6
.7
1.9

Net foreign investment .

1.7

-.8

.8 -1.1

-.8

Payments to foreigners
Imports of goods and services

2.8
.7
2.1

.5 -1.8 —2.6

SUKVEY OF CUEEENT BUSINESS

12

1967

1968

I

IV

II

1967

1969

1968

1967

April 1969

IV

III

1967

I*

1968

1968

IV

I

Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2)

67.3
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax
16.2
accruals
Contributions for social insurance... 36.8

176.9

156.4

166.6

171.8182.1

187.0

69.7
32.4

72.0
37.0

3.7
38.2 38.6

86.8
39.8

92.7

38.4

17.6
41.5

16.4
37.9

17.0
40.5

17.5 17.8
41.2 42.0

18.1
42.4

18.4
46.3

168.6 175.1

181.9184.9

186.9 189.5

Purchases of goods and services
National defense
Other

90.6 100.0
72.4 78.9
18.2 21.1

93.5
74.6
19.0

97.1
76.8
20.3

100.0 101.2
79.0
21.0 21.5

101.7 102.3
80.0 80.3
21.7 22.0

Transfer payments.-To persons
To foreigners (net).

42.3
40.1
2.2

45.7
2.0

42.7
40.8
1.9

45.1
43.2
1.9

47.7 48.7
45.6 46.6
2.1 2.1

49.5
47.4
2.1

Grants-in-aid to State and local governments

15.7

18.4

17.0

17.7

18.3 18.5

19.2

19.8

Net interest paid

10.3

11.9

10.7

11.3

11.8 12.1

12.3

12.6

Federal Government expenditures

Subsidies less current surplus of government enterprises

163.6 182.2

50.6
48.7
1.9

Table 16.—Implicit Price Deflators for Gross National Product (8.1)
Gross national product

117.3 121.8

118.9 120.0

121.2 122.3 123.5

Personal consumption expenditures

114.3 118.4

115.7 116.8

118.0 118.7 120.1

100.4 103.1 101.7 102.2
112.9 116.8 114.0 115.2
122.1 127.2 123.7 125.1

102.7 103.1 104.1
116.4 117.2 118.5
126.7 127.8 129.3

Durable goods
.
Nondurable goods
Ser vices .

4.8

4.1

4.6

3.9

-12.2 -8.6

4.1

4.2

4.4

-10.2 -2.8

.2

115.6 120.1 117.4 118.3

119.6 120.8 121.8

113.5 117.2

114.9 115.8

116.7 117.6 118.5

123.6 129.7 125.5 126.3
S tructures
Producers' durable equipment.. 109.1 112.0 110.3 111.2

128.8 131.3 132.4
111.7 112.1 113.1

123.1 129.9 125.6 126.3
123.1 129.9 125.7 126.3
122.6 128.2 124.6 125.4

128.9 131.7 132.5
128.9 131.8 132.6
128.4 129.3 129.9

109.5 110.5 109.7 107.9
104.2 105.4 104.1 104.3

111.6 110.6 111.6
105.6 105.2 106.3

Fixed investment
N onresidential

Residential structures
Nonfarm
Farm
Change in business inventories
Exports.
Imports.

Government purchases of goods and
services
126.8

Table 14. — State and Local Government Receipts and Expenditures
(3.3, 3.4)

State and local government expenditures
Purchases of goods and services
Transfer payments to persons
Net interest paid
Less: Current surplus of government
enterprises

95.5

97.8

100.8 103.6

107.6

15.2
2.6

17.6
2.9

15.8
2.7

16.3
2.8

17.0 17.9
2.9 2.9

19.0
3.0

53.4
5.1
15.7

58.2
5.3
18.4

54.7
5.1
17.0

55.8
5.2
17.7

57.3 58.9
5.3 5.4
18.3 18.5

60.8
5.5
19.2

93.3

103.6

95.8

99.5

101.9 104.9

108.2

111.0

87.8
8.5
.2

97.2
9.6
.3

90.0
9.0
.2

93.4
9.2
.2

95.6 98.4
9.4 9.6
.3
.3

101.2
10.0
.4

10

Addendum:

3.3

3.4

3.3

3.4

3.4

3.5

-1.2

-.4 -1.7

3.4

-1.1 -1.3

2Q i

Gross national product

62. 8

T~lnraV»la trnnrla

^•J

Nondurable goods..

j*-?,

-3.1

139.4
43.4
27.9

133.6

40.8
25.5

-.6

-3.1 -5.1

Statistical discrepancy.
* Preliminary.




140.7

44.0 37.1
26.3 26.0

40.9
27.5

-2.7 -1.0

35.3

45.7

46.7 47.6

48.5

49.3

26.3
.0

26.6
.0

27.0 27.3
.0 .0

27.7
.0

28.1
.0

-11.3 -4.1

-.4

-10.2 -2.8
-1.1 -1.3

.2
-.6

134.8

114.3 127. 7 121.8 119.7 127.3 127.1
1.7
-1.1
.5

136.6 138.9
-1.8 -2.6

-3.5 -4.8

-5.5

-4.7

-3.6 -5.3

120.0

121.2 122.3 123.5
113.0 113.6

126.1 131.8

128.2

131.1 132.5

134.1

Qtni«»tiirAa

124.6 131.1

127.0 127.7

130.2 132.6

133.8

100.0

101.9

102.0 102.3

103.4

102.5

129.5

102.1

124.8

114.5

117.3 121.8 118.9 120.0

121.2 122.3 123.5

114.8 118.9 116.2

118.4 119.3 120.5

117.2

Business
Nonfarm
Farm

114.1 118.2 115.5 116.5 117.8 118.6 119.9
114.7 118.8 116.2 117.1 118.4 119.1 120.4
100.7 104.5 101.1 103.2 101.9 106.3 106.5

Households and institutions.

143.7 148.9
143.7

124.8

152.1 147.6 149.1 150.5 153.4 155.1

-5.9

44.9

-4.2

111.1 112.0

Services

General government

47.1

126.5127.5

118.9

Table 18.— Implicit Price Deflators for Gross National Product by
Sector (8.4)

27.2
.0

Government surplus or deficit (—),
national income and product
accounts
-13.8 -6.5 -12.5 -10.3
Federal
-12.4 -5.4 -12.2 -8.6
State and local..
-1.4 -1.2 -.4 -1.7
Gross investment..
116.10126.9 122.6 118.7
Gross private domestic investmentNet foreign investment

141.4137.0

117.3 121.8
110.0 113.3

3 5

Table 15.—Sources and Uses of Gross Saving (5.1)

40.7
26.3

134.3

124.9 127.2 128.2
138.4 139.4 140.9

108.7 109.2 110.1
116.1 116.9 117.8

Gross national product.

133.3138.2

131.1 133.0

106.0 109.0 107.4 107.9
112.8 116.5 113.8 115.0

Private

Personal saving
40.2
Undistributed corporate profits
25.2
Corporate inventory valuation adjustment
-1.2
Corporate capital
consumption
allowances
43.4
Noncorporate capital consumption
allowances
25.7
Wage accruals less disbursements....
.0

132.1 129.2 130.1

121.2 126.2 123.7 124.4
133.3 138.9 135.5 136.6

Table 17.— Implicit Price DCiflators for Gross National Product by
'pe of Product (8.2)

91.9 102.4

Surplus or deficit (—), national
income and product accounts
-1.4

Gross private saving.

124.8

Gross private domestic investment

Federal
State and local

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance

I"

Net exports of goods and services

Surplus or deficit (—), national
income and product accounts
-12.4 -5.4

State and local government receipts

IV

Index numbers, 1958=100

Billions of dollars

151.2

III

Seasonally adjusted

Seasonally adjusted at annual rates

Federal Government receipts

II

1969

HISTORICAL DATA
Historical national income and product data are available
from the following sources:
1964-67: July 1968 SURVEY OF CURRENT BUSINESS.
1929-63: The National Income and Product Accounts of the
United States, 1929-65, Statistical Tables (available from any
U.S. Department of Commerce Field Office or from the Superintendent of Documents, U.S. Government Printing Office,
Washington, D.C. 20402, price $1.00 per copy).

SURVEY OF CUEEENT BUSINESS

April 1969

cars following the very rapid pace of
sales in the changeover period last summer. With production rates set high
and in excess of sales, stocks increased
100,000 units by the end of December.
At that time, stocks were the equivalent
of 2.1 months of sales, somewhat higher
than the ratios prevailing in other quarters of high sales. Despite production
cutbacks in the first quarter, stocks rose
further by 115,000 units, reaching a
total of 1.63 million at the end of March,
the highest seasonally adjusted figure on
record. End-of-March stocks were 2%
times the average monthly sales in the
first quarter.
Spring production plans
Assemblies of passenger cars in March
totaled 760,000 units. After seasonal
adjustment, this represented no change
from February, which in turn was the

lowest rate in more than a year. Present industry plans call for 780,000
assemblies in April and 2.34 million for
the entire second quarter. In seasonally
adjusted terms, the fulfillment of these
projections would mean a continuance
of the February-March production rate
and a slight reduction from the first
quarter pace.
According to trade sources, the industry has geared its current production
schedules to match anticipated sales
during this quarter; that is, it expects
to maintain the end-of-March level of
car inventories through the spring selling season. The industry has high hopes
of repeating the near-record sales of
last summer, which benefited from the
large supply of cars in dealers' showrooms during the model changeover
period.

13
especially pronounced for government.
Agricultural prices registered a sizable
advance after a very marked decline in
1967. For private nonfarm business as a
whole, last year's 3.6 percent price rise
was only slightly different from the rise
recorded in 1967.
Changes in real output
The larger demand for goods in all
final markets and the continued upturn in residential building led to a 7
percent increase in manufacturing production in 1968, a striking contrast to
the gain of only 0.4 percent in 1967.
Within manufacturing, advances were
CHART 9

Percent Change in Implicit Price Deflators
-10

-5

Percent Change
0

TOTAL GNP

5

10

I
| 1967-68
••^1966-67

Price rise accelerated in most
nonfarm industries last year
Government & Government
Enterprises
Wholesale & Retail Trade

Services

1968 GNP by Major Industry

Finance, Insurance &
Real Estate
Transportation

Most industries contributed to the
accelerated production and price increases of 1968. Production rises were
especially large in manufacturing and
distribution, which had shown only
modest changes in 1967. For private
nonfarm business as a whole, last year's
substantial price increase was little different from the 1967 advance. A swing
in the farm deflator, from a large decrease in 1967 to an increase in 1968,
and a step-up in the Government deflator accounted for much of the acceleration in the rise of the overall GNP
deflator.

MOST industries contributed to last
year's accelerated advances in both production and prices. Production (as



measured by constant dollar GNP) rose
5 percent after a 2% percent gain the
year before while prices (as measured by
the GNP deflator) were up 3.8 percent
following a 3.1 percent rise in 1967.
The step-up in the output rise was
especially large in nonfarm industries
producing and distributing goods—notably manufacturing. As a group, these
cyclically sensitive industries accounted
for about three-fifths of the 1968 advance as compared with only onefourth in 1967. In contrast, agricultural
output showed a small decline after an
unusually large rise the year before
(table 1).
Although price deflators for most industries recorded sharper increases in
1968 than in 1967, the acceleration was

Electric, Gas &
Sanitary Services

Manufacturing was an important exception
Manufacturing

Communication

The swing in farm prices was pronounced

-10

-5

0

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

10

14

SUEVEY OF CURRENT BUSINESS

April 1969

Table 1.—Gross Product in Current and Constant Dollars and Implicit Price Deflators, by Industry, 1965-68
Current dollars

l

(billions)

Constant dollars 1
(billions of 1958 dollars)

Index of gross product in 1958
dollars 2 (1958=100)

Implicit deflators a (1958 = 100)

1965

1965

1965

1966

1967

1968 '

1965

1966

1967

1968 *

684.9

747.6

789.7

860.6

617.8

657.1

673.1

706.7

138.1

146.9

150.5

158.0

110.9

113.8

117.3

121.8

25.4
13.5
31.6

26.5
14.3
34.8

26.2
14.3
36.2

27.1
(5)
(5)

25.0
14.8
23.5

23.5
15.5
24.4

25.4
16.0
23.6

25.2
(55)
()

113.7
120.0
113.6

106.8
125.7
118.2

115.3
129.2
114.0

114.6
(55)
()

101.4
91.1
134.5

112.8
92.1
142.3

103.2
89.7
153.6

107.3
(55)
()

Manufacturing
Transportation
Communication

198.5
29.0
14.9

218.0
31.4
16.3

224.6
33.1
17.6

246.0
35.6
19.1

190.5
28.6
14.5

205.7
31.2
15.9

206.5
32.3
17.1

221.1
33.8
18.5

154.1
136.6
163.5

166.3
148.7
179.8

167.0
153.9
193.5

178.8
161.3
209.5

104.2
101.3
102.9

106.0
100.8
102.1

108.8
102.7
102.6

111.3
105.3
103.0

Electric, gas, and sanitary services. _ . .
Wholesale and retail trade
Finance, insurance, and real estate

16.5
112.2
93.5

17.6
122.1
100.7

18.9
129.5
106.9

20.4
141.4
116.2

16.1
104.8
83.1

17.3
111.7
87.2

18.6
113.6
90.1

20.0
118.2
94.1

150.8
139.6
140.4

161.6
148.8
147.3

173.3
151.3
152.2

187.2
157.3
158.9

102.3
107.0
112.5

101.5
109.3
115.5

101.6
114.0
118.7

102.0
119.7
123.6

71.9
76.8
4.2

79.1
85.9
4.2

85.8
95.5
4.6

92.6
107.6
4.9

57.7
58.0
4.1

60.5
62.2
4.0

62.7
66.9
4.5

64.7
71.4
4.8

134.5
122.7
200.2

141.1
131.6
195.9

146.2
141.6
222.1

150.7
151.1
237.9

124.5
132.4

130.7
138.1

136.7
142.7

143.2
150.7

-3.1

-3.3

-3.5

-4.8

-3.1

-2.1

-4.2

-5.4

617.1
570.8
23.7

671.1
622.0
24.7

704.8
653.7
24.2

766.3
712.3
25.0

567.0
525.2
23.7

602.1
561.1
22.2

614.0
569.9
24.1

644.7
599.8
23.9

139.9
141.6
113.9

148.6
151.3
106.6

151.5
153.7
115.5

159.1
161.7
114.9

108.8
108.7
99.7

111.4
110.8
111.2

114.8
114.7
100.7

118.9
118.8
104.5

All Industries, total (GNP)
Agriculture, forestry, and fisheries
Mining
.._
Contract construction

Services
Government and government enterprisesRest of the world
_.. .
Residual 4

1966

1967

1968 v

1966

1967

1968 P

Addenda:
Private sector
Nonfarm business
Farm

NOTE.—Dash line (..) not applicable.
*> Preliminary.
1. Detail may not add to totals because of rounding.
2. Indexes are based on unrounded data and may therefore differ from
ones computed from published figures.
3. Implicit deflators are calculated by dividing the total gross product in current dollars by the corresponding gross product in constant (1958) dollars
based on unrounded data. They may therefore differ from figures computed from published figures. 4. Represents difference between GNP measured as sum 9f final products and GNP
)llars is the "statistical discrepancy."
5. Data not shown separately but included in totals.
measured as the sum of gross product originating by industries. "^his
Thi difference in current dolla
Source: U.S. Department of Commerce, Office of Business Economics.

roughly equal for durables and nondurables; durables had declined slightly
from the year before, while the 1967
output for nondurables was only slightly
higher than in 1966.
With consumer demand for goods
especially buoyant, trade registered a 4
percent rise, principally because of
gains in retailing; the advance in trade
was more than twice that of the year
before. The larger output of goods also
stimulated transportation activity in
1968, which was up 4.6 percent as
against 3.5 percent in 1967 (table 2).
The pattern of production change in
service-type industries was rather mixed.

Communications and electric and gas
utilities showed gains as large as or
slightly larger than in the preceding
year; these industries are dominated by
strong growth trends and were not
much affected by the slower rate of
advance in total output in 1967. All
segments of the finance, insurance, and
real estate industry contributed to the
higher rate of expansion for this group,
the principal gain being made by banks.
On the other hand, output of government and industries providing personal
and professional services increased more
slowly in 1968 than in 1967. The slowdown in the former was primarily at-

Table 2.—Annual Percent Change in Real Product by Major Industry: Selected Years
1961-65 i
All industries, total (GNP) 2 .

1965-66

1967-68

1966-67

5.6

6.4

2.4

5.0

1.7
2.8
2.4

-6.0
4.7
3.8

8.1
3.2
-3.3

-.8

7.8
6.2
8.1

8.0
9.1
9.7

.4
3.5
7.5

7.1
4.6
8.2

5.7
5.8
5.5

7.5
6.6
4.9

7.5
1.7
3.3

7.5
4.0
4.4

Services
Government and government enterprises

4.5
3.5

4.9
7.2

3.6
7.6

3.2
6.7

Addenda:
Private sector
Nonfarm business
Farm

5.8
6.1
1.7

6.2
6.8
-6.3

2.0
1.6
8.6

5.0
5.3
-.8

Agriculture, forestry, and fisheries
Mining.
.- .- ..
Contract construction
..
Manufacturing ..
Transportation
C ommunication

..

Electric gas and sanitary services
Wholesale and retail trade
Finance, insurance, and real estate - .

. ...
_

-

.

-- ..

1. Average annual compounded rate of change between initial and terminal years.
2. Includes "rest of the world" and the "residual."
U.S. Department of Commerce, Office of Business Economics.




)
\

11 88

-

tributable to the Federal Government,
where the 1968 advance was half that
of 1967. Slower growth in Defense
Department employment and restrictions on Federal hiring after mid-1968
were the main factors in this slackening.
Price changes
The 3.8 percent rise in the GNP
deflator in 1968 was the largest since
1947. Prices for all industries rose in
1968, varying from 0.4 percent for
communications to 5.6 percent for
government (chart 9).
As noted above, price changes in
agriculture and government account for
much of the step-up in the overall price
rise from 1967 to 1968. Changes in the
government deflator reflect changes in
average compensation of government
employees, Federal workers received
pay increases in late 1967 and mid-1968.
The deflator for farm gross product rose
3.8 percent in 1968 after a decline of 9.4
percent in 1967. This occurred as prices
received by farmers for their output
fell from 1966 to 1967 and rose from
1967 to 1968, while prices they paid for
their supplies remained practically unchanged over the 2-year period (table
3).
In the private nonf arm business sector, prices rose 3.6 percent in 1968,
little changed from the 3.5 percent in-

SURVEY OF CUEEENT BUSINESS

April 1969

crease in 1967. To a considerable ex- expanded profit margins. On the basis
tent, smaller price increases for manu- of preliminary estimates, the largest
facturing and communication offset gains in margins occurred in manularger increases in the other industries facturing, particularly in durable goods.
The smaller rise in unit labor costs
in this sector. The slower rise in manulast
year is of particular interest in
facturing—from 2.6 percent in 1967 to
view
of the fact that the economy was
2.3 percent in 1968—was especially
working
with very low rates of unemimportant since manufacturing acployment.
Although increases in wage
counts for about 35 percent of nonfarm
rates
accelerated
in last year's tight
business GNP. As the table below
labor
market,
productivity
improved
shows, both manufacturing and nonmanufacturing have contributed to ac- considerably in many industries as outcelerated price increases since 1966, put increased. The results were striking
but the acceleration has been consider- in manufacturing, where unit labor
ably greater in nonmanufacturing than
in manufacturing.

15
costs were up only 1.6 percent, after a
4.8 percent rise in 1967. This lesser rate
of increase in unit labor costs was the
chief factor in the slower price advance
in manufacturing in 1968. In nonmanufacturing, where the rise in unit labor
costs accelerated, the price rise showed
a step-up.
Percent Change in Unit Labor Costs

Private nonfarm business ...
Manufacturing
Nonmanufacturing

1965-66

1966-67

3.2
3.2
3.0

4.9
4.8
5.3

1967-68
4.1
1.6
5.7

Percent Change in Deflator

Private nonfarm business...
M anuf actur ing
Nonmanufacturing

1965-66

1966-67

1.9
1.7
2.2

3.5
2.6
3.9

1967-68

Table 3.—Annual Percent Changes in Implicit Deflators and Unit Labor Costs by Major
Industry: Selected Years

3.6
2.3
4.2

Implicit price deflators
1961-65 *

Although price increases in the nonfarm business sector were approximately
the same in 1967 and 1968, the composition of the changes in terms of unit
costs and profits was different. Unit
labor costs rose somewhat less in 1968
than in 1967 even though they recorded
substantial increases in both years
(table 3). In 1967, when demand was
comparatively sluggish, most industries absorbed higher unit costs in the
form of lower profit margins. In contrast, under the buoyant demand conditions of 1968, price increases reflected
not only higher unit costs but also




All industries, total (GNP)

2

1965-66

Unit labor costs

1966-67

1967-68

1961-65 i

1965-66

1966-67

1967-68

.

1.5

2.6

3.1

3.8

1.2

4.0

4.9

Agriculture, forestry, and fisheries
Mining
Contract construction

1.7
-1.6
5.3

11.2
1.1
5.8

-8.5
-2.6
7.9

4.0
(33)
()

-.4
-.2
5.3

9.8
.3
6.7

-6.4
.3
8.3

M anuf acturing
Transportation
C ommunication

.4
.1
-.1

1.7
-.5
-.8

2.6
1.9
.5

2.3
2.5
.4

-.9
-1.5
-1.7

3.2
-.4
.4

4.8
3.2
-.8

1.6
2.7
-1.1

Electric, gas, and sanitary services
Wholesale and retail trade Finance, insurance, and real estate

-.3
.7
1.4

-.8
2.1
2.7

.1
4.3
2.8

.4
5.0
4.1

-1.0
.7
.6

-1.1
2.4
3.4

.6
5.8
6.8

.6
5.6
7.7

3.3

5.0

4.6

4.8

3.3

5.6

6.3

6.6

4.1

4.3

3.3

5.6

3.8

4.8

2.8

4.6

1.2
1.1
1.5

2.4
1.9
11.5

3.1
3.5
-9.4

3.6
3.6
3.8

.8
.6

3.7
3.2

4.7
4.9

4.2
4.1

Services
Government and government enterprises
Addenda:
Private sector _
Nonfarm business
Farm

1. Average annual compounded rate of change between initial and terminal years.
2. Includes "rest of the world" and the "residual."
3. Date not shown separately but included in totals.
U.S. Department of Commerce, Office of Business Economics.

4.5
(3)
(3)

5.0

By ROBERT B. BRETZFELDER, Q. FRANCIS DALLAVALLE, and DAVID A. HIRSCHBERG

Personal Income, 1968, and Disposable Ineome, 1929-68,
by States and Regions
This article presents preliminary
estimates of personal income by States
and regions for 1968 and comparable
estimates of disposable (after-tax) personal income from 1929 through 1968.
Regional gains in personal income
from 1967 to 1968 followed the longterm pattern, with larger-than-average
advances in the South and West. The
pattern of change in disposable income
among States and regions over the long
run is similar to that of personal income.

and Mississippi—were also directly
traceable to declines in agricultural
earnings.

Income in 1968
Personal income in the United States
rose 9 percent from 1967 to 1968.
Regional income gains generally followed the pattern of the past four
decades, with larger advances in the
southern and western regions than in
the northeastern and north central
ones. In total, income in the three faster
growing regions rose 10 percent last
JL ERSONAL income rose in all eight year, 15 percent above the 8% percent
regions and in all but two States from increases registered in the other five
the third to the fourth quarter of 1968. regions.
The largest gains were in the SouthIn seven of the eight regions, increases
were within one-half percentage point west (10% percent), the Far West
of the 2 percent national average gain (10% percent), and the Southeast (just
over 9 percent); the smallest, in New
(table 1).
As usual, changes in farm income England (8 percent), the Mideast (8%
played a key role in some of the more percent), and the Plains (S% percent).
important departures from the national The advances of 8% percent in the
average. In the Rocky Mountain Great Lakes and the Rocky Mountain
States, income was up nearly 4 regions were only a little more than
percent—twice the national rate—as these but were still a little less than the
farm income recovered vigorously from gain for the Nation as a whole.
In contrast to the experience of
the decline of the preceding quarter,
buttressing sizable gains in most non- many recent years, changes in farm
farm income components. At the other income from 1967 to 1968 did not play
end of the scale, income in the South- an important role in the regional pattern
east rose 1% percent as farm income of the total personal income advance.
dropped sharply and gains in a number
of other industries were below average.
The income dips in the two States in
which total personal income declined
in the closing quarter—North Dakota

Last year, rates of gain in nonfarm and
total income were quite similar in
every region, and the rank order of
the regions remains the same when
measured on either a nonfarm or a
total income basis.
As the accompanying table shows,
the 1968 income advance in the Southwest, which led the Nation, is traceable
to above-average gains in nearly all
major industries. In particular, income
from farming, manufacturing, trade,
mining, and the transportation-service
groups rose very rapidly in this region.
Above-average gains in the major
industries of the Far West were fewer,
the most noteworthy occurring in
farming, trade, finance, transportation,
and Federal military payrolls. In the
Southeast, income from farming declined a little, but this decrease was
more than offset by large gains in
manufacturing and trade.
Earnings from most industries advanced at a relatively sluggish pace
that was well below the national
average in the two regions—New England and the Mideast—where income
went up the least. Manufacturing
earnings rose 5% percent in New England and 6% percent in the Mideast,
as compared with the U.S. gain of
8% percent.

Disposable Income by States and Regions

NOTE.—The estimates of State personal income were prepared in the Regional Economics Division under the supervision of Q. Francis Dallavalle. The quarterly estimates
were constructed by Marian Sacks; the tax estimates by
Jeanne Goodman and Kemble Stokes; the annual personal
estimates by Margaret Cannon, Elizabeth Queen, Lyle
Spatz, Linnea Hazen, and Maurice Schlak.

16



Personal taxes and disposable income role and financing of State and local
are increasingly becoming a matter of governments, and regional personal
concern to those interested in regional consumption and saving patterns. In
economic problems. These data are order to shed light on some of these
especially helpful in the study of the matters, the Office of Business Eco-

April 1969

SURVEY OF CURRENT BUSINESS

17

CHART 10

Per Capita Personal Income, 1968

4 2,057

2,329 V

$3,412
Over 3,750
HAWAII

3,400-3,750
$3,514

3,100-3,400
2,750-3,100

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




Under 2,750

2,743

18
nomics has updaded its State estimates
of disposable personal income, which
previously covered the period through
1963. The State disposable income
series incorporates the revisions introduced into the national income and
product accounts in mid-1965.
An analysis of the new series indicates that most changes in disposable
personal income are closely in line with
changes in total personal income (tables 3 and 4). The relative rate of
economic growth in each State is about
the same whether expressed in personal
income or in disposable income.1
In 1968, personal income in the 50
States and the District of Columbia
totaled $682 billion (table 7). With
personal tax and nontax payments of
$96J^ billion, disposable income
amounted to $585^ billion, or 86
percent of total income. Tax and nontax payments to the Federal Government were $79 billion, of which about
$74^ billion was in the form of income
taxes. Most of the remaining taxes
were estate and gift taxes; Federal
personal nontax payments are very
small.
Individuals paid a total of $17% billion in personal taxes and nontax payments to State and local governments
in 1968. A little less than $8 billion of
this was in the form of income taxes.
An additional $1 billion was paid to
State and local governments under each
of three categories in 1968: motor vehicle licenses, death and gift taxes, and
property taxes (mostly non-real estate).
Revenue under "Other taxes/' including hunting and marriage licenses and
other personal licenses, totaled about
$% billion in 1968. Payments of about
$6}o billion were made to State and
local governments in the form of "non-

SUKVEY OF CURRENT BUSINESS
tax" and other payments, which include
tuition to State and local schools, and
charges for hospital services, sanitation
facilities, other current services, and
fines.2
2. State and local sales taxes and most real property taxes
are not classified as personal tax and nontax payments in the
national accounts. In 1968, revenue of State and local governments from these taxes totaled about $44 billion. Because
some States rely heavily on sales and property taxes (and
collect less in income taxes) and other States levy relatively
high personal income taxes (and rely less on the sales and
property taxes), a State comparison of "tax effort," of revenue raised, or of tax burden based on the State and local tax
component of the personal account, would not be meaningful.

CHART 1!

The regional pattern of personal Income
expansion has been much more uniform so far
in the 1960's than earlier in the postwar period
Average Annual Growth Rate as Percent of U.S. Average

70

80

I

I

90

100

110

120

I

I

I

I

'

1960-68

130

I

U.S.= 7%

Southeast
Far West

ZI

Northeast

|~~

Great Lakes

|

Mideast

|

Plains

|

Coefficient of variation*
9.0

Rocky Mountain |

i
70
1

i

I

80
1

90
1

1948-60

100

i

I

110

120

i
J.S = 5V*%

1
130

i

I

Southeast
Far West
Southwest

1. Personal income is the income received by residents of
each State from business establishments, Federal and State
and local governments, households and institutions, and foreign countries. All forms of income flowing to persons from
these sources are included—wages and salaries, various types
of supplementary earnings termed "other labor income,"
the net incomes of owners of unincorporated businesses
(including farms), net rental income, dividends, interest,
and government and business "transfer payments" (consisting in general of disbursements to individuals for which no
services are rendered currently, such as unemployment
benefits, relief, and veterans' pensions). Allowance is made
for income received in kind rather than cash.
State disposable income is equal to personal income less
personal taxes and nontax payments. The latter are described
in the text.




*The standard deviation divided by the mean of the regional growth rates.
. U.S. Department of Commerce, Office of Business Economics

Despite the large amount paid in
personal tax and nontax payments,
there is comparatively little difference
in the geographic distribution of personal income and disposable income.
Mainly because of the progressive nature of the Federal income tax, States
with per capita incomes above the
national average have smaller shares
of income after taxes than before.
States with low average incomes, on the
other hand, have larger shares of disposable income than of personal income.
However, the extent of the difference is
small. In 41 States, the share of personal and disposable income differed by
3 percent or less. In nine, the shares
differed by from 3 to 7 percent. The
differences between the State distribution of personal income and disposable
income are small because personal taxes
make up only about 14 percent of
personal income.
Long-Term Trends in
Disposable Income

1

Southwest

April 1969

69-4-11

The remainder of this section presents
a summary of long-term trends in the
geographic distribution of disposable
income. Changes in the geographic distribution of personal income and of
disposable personal income have been
detailed in, numerous articles in the
SURVEY and its supplements.3 Accordingly, the following summary is a
recapitulation of those earlier reports
with an updating where income developments of the past 5 years warrant.
The past four decades have witnessed
a pronounced shift of disposable income from the North and East to the
South and West. Between 1929 and
1968, the four southern and western
regions have increased their share of
the Nation's disposable income 50
percent, with the four northeastern
and north-central regions sustaining
the relative loss.
Among individual regions, the strongest uptrend has been in the Far West;
increases in the two southern regions
have been roughly equal and, although
s See, for example, the April 1965 and 1968 issues of the
SUKVEY and Personal Income by States Since 1929, a supplement to the SURVEY (1956 edition).

April 1960

substantial, have been well below the
gain in the Far West. The Rocky
Mountain States received a small but
significant increase in their share of the
Nation's disposable income over the
four decades.
New England and the Mideast sustained by far the largest relative
declines in income share. Losses in the
Great Lakes and Plains States were
about half as large.
In general, regional income trends
have persisted for the period covered
by this income series, but four significant departures may be noted.
First, over the entire span 1929-68,
the Rocky Mountain region increased its
share of the Nation's disposable income
by 15 percent. However, most of this
gain was registered before and during
World War II. From 1948 to 1960, the
area's share increased less than 3 percent, and since 1960, its share has
declined. Although it is too early to
draw definite conclusions, there is a
possibility, perhaps even a strong one,
that the Rocky Mountain region has
reversed its income trend from one of
above-average growth to one of relative
lag.
Second, the Great Lakes region,
which had been classified as either
trendless or as having a slightly declining trend on the basis of developments
during the 1930's and 1940's, evidenced
a persistent and significant downtrend
during the 1950's. This downtrend was
mitigated somewhat during the 1960's.
In retrospect, it appears that the increased demands that the Great Lakes
economy received as a result of World
War II and the subsequent durable
goods boom provided a powerful but
short-term boost to the region. This
was only partially repeated (and to a
significantly lesser extent) during the
1960's, under similar circumstances of
increased war production and another
durable goods boom.
Third, the Southeast, whose relative
gains equaled those of the Far West
from 1929 through 1948, made only
small comparative advances over the
next 12 years. This slackening in the
region's growth rate brought into question the permanence of its war-period
gains. However, since 1960, the Southeast has again increased its share of the



SURVEY OF CURRENT BUSINESS
Nation's disposable income, the relative
gain of nearly one-tenth has been the
largest of all the regions.
Finally, income growth in New England lagged substantially during World
War II. Between 1940 and 1948, the
region lost nearly one-fifth of its 1940
share—the largest relative decline sustained by any region over a period of
comparable length. During the 1950's,
when the region had lost most of its
textile industry and was developing new
and rapid-growth industries, its relative
decline was reduced considerably. So
far during the 1960's, income growth in

19
the region has virtually kept pace with
that in the Nation, but whether this
portends a reversal of trend remains to
be seen.
Per capita incom.e and population

Geographic changes in the distribution of disposable income are the product of shifts in both population and per
capita income. Although it is not possible to measure precisely the contribution that each makes to disposable
income growth, it is evident from the
accompanying tabulation that both
population and per capita income

CHART 12

Regions with the lowest per capita disposable personal incomes in 1929
Dollars

1,500
PER CAPITA INCOME, 1929

1,000

Coefficient of variation*

-

29.3

BBB

I^BHI

500 -

HUB!

•the most growth over the past four decades
have shown
Percent Change

800
CHANGE IN PER CAPITA INCOME, 1929-1968

600 -

400

200

fl

so that regional differences in per capita incomes are now much smaller

Dollars
5,000
PER CAPITA INCOME, 1968
Coefficient of variation*

4,000 -

12.0

3,000 -

2,000 -

1,000

-

UNITED
STATES

SOUTHEAST

SOUTHWEST

PLAINS

*The standard deviation divided by the mean of the regional per capita incomes.
U.S. Department of Commerce, Office of Business Economics

ROCKY
MT.

GREAT
LAKES

NEW

FAR

MID-

ENG.

WEST

EAST

SUEVEY OF CUKKENT BUSINESS

20
played major roles in altering the
geographic distribution of disposable
personal income over the 1929-68 span.
In five of the eight major regions of
the Nation, the effects of population
and per capita income changes were
mutually reinforcing, lending support
to the thesis that people migrate to
areas of economic opportunity and away
from regions of less economic potential.
In the Southwest and Rocky Mountain
regions, above-average increases in population and per capita income contributed heavily to the relative advances in
disposable income in both regions. In
the Great Lakes, Mideast,, and New
England sections, below-average gains
in both factors combined to produce
less-than-average growth rates in disposable income.
Disposable
personal Population
income

Per capita
disposable
income

604.0

63.3

329.0

1, 068. 7
931.7

208.2
61.0

279.3
540.8

Southwest.. .
Rocky Mountain

906.9
705.3

79.9
76.7

459.7
355.7

Great Lakes
Plains

529.4
509.1

57.2
21.1

300.4
402.7

436.6
416.0

40.8
48.8

281.1
246.9

United States
Far West.
Southeast

New England
Mideast- _

.. ...

.. .

The experience of the Far West
underscores the effect of economic
opportunity on population growth. In
response to strong increases in the
demand for labor, large numbers of
wage earners migrated into this region;
the more productive groups were accompanied by young and untrained
workers, and by older and retired
persons who were attracted by climate
and other noneconomic factors. So
great was the attraction of the area
that immigration exceeded the ability
of its economy to absorb the newcomers
and maintain a rate of per capita
income growth equal to that of the
Nation. However, the region's lag in
average income expansion was more
than offset by a tripling of population—
nearly three times the national rate of
increase. Consequently, the region
scored the Nation's top ranking gain
in overall disposable income.




Table 1.—Total Personal Income 1967-68, by States and Regions
[Millions of dollars]
Seasona lly adjust ed at anmlal rates

1967

State and region

19 67

1968

19 58

I

II

III

IV

I'

II'

IIP

IV

United States

625,068

681,933

611,135

617,968

629,942

641,231

658,929

674,344

690,318

704,144

New England

39,658

42,892

38,658

39,255

39,970

40,747

41,330

42,455

43 395

44,390

2,585
2,094
1,178

2,788
2,294
1,282

2,524
2,052
1,157

2 544
2,068
1,152

2 614
2,105
1,184

2 656
2,154
1,219

2 658
2,244
1,244

2 749
2 266
1,260

2 839
2 312
1,290

2 907
2 356
1 335

19, 197
2,995
11,609

20, 758
3,233
12, 537

18, 739
2,923
11, 263

19, 082
2,943
11,466

19, 298
3,030
11,739

19, 667
3,083
11,968

19, 969
3,169
12,046

20 618
3,213
12, 349

20 953
3,247
12, 754

21 492
3 303
12 997

Maine
New Hampshire
Vermont-

._ .

M assachusetts
Rhode Island _ _
Connecticut . . . ._ -

149,502

162,085

146,193

148,211

150,142

153,463

157,124

160,717

163,644

166,853

New York
New Jersey
P ennsylvania

68, 916
25, 686
37,065

74, 725
27,711
39 987

67, 364
24, 964
36 560

68 300
25, 512
36 646

69 293
25, 807
37 208

70 705
26 461
37 847

72, 348
26, 695
39 128

74 108
27, 422
39 667

75 532
28 005
40 309

76 912
28 720
40 841

Delaware
...
Maryland
District of Columbia

1,905
12 959
3,336

2,076
13 933
3,654

1,833
12 256
3,216

1,894
12 461
3,398

1,930
12 576
3,328

1 963
13 087
3,400

1,976
13 478
3,499

2 057
13 778
3,685

2 096
14 022
3,680

2 175
14 455
3,750

132,806

144,618

130,662

130,813

134,354

135,398

140,642

142,574

146,041

149,212

29,151
33, 605
15, 980

32, 105
36 918
17, 314

28, 482
33, 226
15, 870

28, 765
32 881
15 659

29, 786
33 803
15 986

29, 573
34 510
16 403

31,249
36, 016
16, 774

31, 432
36 372
17 054

32, 718
37 097
17 389

33, 020
38, 189
18, 040

40, 850
13, 220

43, 898
14 382

40, 022
13 062

40, 498
13 010

41, 426
13 353

41,455
13 457

42, 643
13 960

43, 583
14 133

44, 261
14 576

45, 103
14, 860

- ---

48,213

52,350

47,148

47,662

48,872

49,171

50,624

51,675

52,923

54,180

- - -

11, 162
8,558
13,775

12, 102
9,408
14, 891

10 899
8,178
13, 674

10 910
8 418
13 674

11 363
8 966
13, 823

11 477
8 671
13 927

11, 748
9,065
14, 536

11 852
9 275
14, 720

12 323
9,502
14,971

12, 486
9,788
15,338

North Dakota
South Dakota .. . . .
Nebraska
- ..

1,589
1,745
4,422

1,761
1,913
4,634

1,574
1,683
4,318

1 599
1,706
4,482

1 558
1,788
4,418

1 627
1,805
4,470

1,710
1,838
4,410

1,661
1,883
4,702

1,921
1,929
4,656

1,752
2,001
4,768

Mideast

Great Lakes
Michigan
Ohio
Indiana

. ... ..

Illinois Wisconsin

- -.-

Plains

Percent increase, 1929-68

April 1969

---

Minnesota
Iowa
Missouri-

-

6,961

7,642

6,822

6 873

6 956

7 194

7,317

7,582

7,621

8,047

105,783

115,497

103,629

104,538

106 120

108 846

111,489

114,398

117,138

118,964

12,719
4,197
7,737

14, 008
4,488
8,363

12,314
4,137
7,690

12, 474
4 162
7 561

12, 725
4 205
7 787

13, 362
4 284
7,911

13, 394
4,386
8,037

13, 736
4 475
8,268

14, 188
4,527
8,501

14, 714
4,565
8,648

9,316
12, 267
5,752

10, 147
13, 350
6,231

9 154
11,996
5,675

9 246
12 042
5,661

9 352
12 165
5,746

9 515
12 866
5,926

9,843
12, 768
6,056

10 116
13, 165
6,161

10 215
13, 550
6,345

10,415
13,917
6,364

11,458
17, 101
7,656

12, 531
18,950
8,286

11 301
16, 475
7,549

11 329
16 810
7,616

11 484
17, 482
7,676

11 720
17, 638
7,786

12, 077
18, 073
8,140

12, 447
18,715
8,210

12, 732
19, 489
8,323

12, 866
19, 523
8,472

4,453
8,995
4,130

4,821
9,745
4,576

4,486
8,868
3,984

4,544
8,891
4,202

4,336
8 988
4,174

4,443
9 234
4,161

4,631
9,622
4,462

4,873
9,692
4,540

4,902
9,791
4,575

4,878
9,874
4,728

------

43,345

47,990

41,917

42,985

43,875

44,599

45,645

47,522

48,951

49,844

- ..

6,594
29, 822

7,207
33 111

6,499
28 717

6,384
29 601

6,621
30 324

6,874
30 643

7,026
31, 432

7,004
32 882

7,293
33, 869

7,506
34, 262

New Mexico _
Arizona

2,484
4,444

2 711
4,961

2 432
4,269

2 532
4,468

2 420
4,510

2 553
4,529

2,581
4,606

2,747
4,889

2,679
5,110

2,836
5,240

Rocky Mountain.

Kansas

- -

Southeast
Virginia
West Virginia
Kentucky

.

Tennessee
North Carolina
South Carolina

.

Georgia
Florida
Alabama _
Mississippi
Louisiana. . . .
Arkansas .
_
Southwest

_-

Oklahoma
Texas

--

13,541

14,720

13,276

13,478

13,460

13,953

14,056

14,677

14,787

15,359

Montana
Idaho.
- - - Wyoming _ . ._ . ...

1,939
1,800
946

2,022
1,918
989

1,916
1,722
924

1,948
1,735
934

1,878
1,812

923

2,012
1,930
1,002

1,971
1,834

958

1,979
1,888
964

2,013
1,905
983

2,123
2,044
1,050

Colorado
Utah

6,191
2,667

6,886
2,906

6,060
2,654

6,207
2,654

6,178
2,669

6,318
2,691

6,525
2,768

6,928
2,918

6,935
2,951

7,156
2,986

88,788

97,946

86,335

87,650

89,700

91,468

94,373

96,541

99,535

101,335

Washington
Oregon . - .

10,871
6,122

12,044
6,677

10, 485
5,927

10, 689
6,046

10, 945
6,129

11, 364
6,386

11,600
6,431

11,829
6,569

12, 137
6,704

12,609
7,005

Nevada California

1,591
70, 204

1,792
77, 433

1,536
68, 387

1,559
69, 356

1,613
71, 013

1,656
72,062

1,692
74, 650

1,749
76, 394

1,826
78,868

1,902
79,819

1,017
2,415

1,130
2,706

991
2,326

1,003
2,373

1,007
2,442

1,066
2,520

1,099
2,547

1,125
2,660

1,126
2,778

1,170
2,837

Far West

Alaska
Hawaii

- - -

... .

..- ...

"•Revised.
NOTE.—National totals for the State personal income series will not agree with the personal income measure carried in
the national income and product accounts since the latter includes income disbursed to Government personnel stationed
abroad.
Source: U.S. Department of Commerce, Office of Business Economics.

SURVEY OF CUREENT BUSINESS

April 1969

In the Southeast, the situation was
the reverse of that in the Far West.
A slightly below-average increase in

population coupled with the largest
regional advance in per capita income
produced the second largest regional

21
rate of gain in disposable income. The
region's slow population growth—a
little below average but fourth largest
(Text continued on p. 32.)

Table 2.—Percent Change in Selected Shares of Personal Income, From 1967-68, by States and Regions
Earnings of persons engaged in production *
Total
personal
income

State and region

United States
New England

Farm

Finance,
TransContract
Wholeinsur- portation,
Mining construc- Manu- sale and ance, and communi- Services
tion
facturing retail
real
cation,
trade
estate and public
utilities

Government
Federal
civilian

Federal
military

State
and
local

Other

9.0

8.9

4.5

8.4

8.2

8.7

8.5

10.5

7.4

8.0

11.1

12.2

11.8

4.5

. . _.

8.1

7.1

9.8

13.8

6.3

5.4

7.0

8.3

5.0

8.6

8.2

8.6

12.7

4.5

..

7.8
9.5
8.8

6.0
9.3
9.9

-2.6
5.3
8.2

22.7
13.7
11.8

5.4
4.3
20.8

8.0
9.3
5.9

7.7
9.8
11.4

9.4
11.8
9.3

2.6
8.4
7.6

7.4
8.6
10.2

2.6
10.6
12.9

-6.2
10.4
10.7

6.3
12.6
12.7

3.5
4.9
5.5

8.1
7.9
7.9

7.2
8.1
6.3

14.1
12.9
22.4

11.6
5.2
18.6

8.4
4.3
2.5

5.1
5.4
4.6

7.9
8.8
3.7

8.6
8.4
7.0

3.6
4.7
7.5

7.9
9.2
9.8

6.4
14.7
10.9

12.6
7.3
11.6

12.5
17.7
13.5

4.9
3.7
4.5

8.4

8.0

-7.8

2.2

8.6

6.4

7.5

12.1

6.7

7.5

9.4

13.1

12.7

4.9

8.4
7.8
7.8

7.9
7.1
8.1

-2.4
-0.6
-16.2

2.8
9.4
1.1

7.8
6.6
13.3

6.1
6.0
7.0

6.9
6.8
8.0

14.4
7.0
9.7

7.0
5.6
6.2

7.0
7.0
7.9

13.2
5.2
8.7

13.7
19.6
21.0

10.6
13.1
14.6

4.9
4.5
4.6

8.9
10.6
9.5

8.9
9.6
6.6

-20.4
-1.8

-24.3
8.1
16.3

9.3
4.3
-1.8

12.7
6.1
3.3

10.0
10.4
5.3

9.7
9.4
8.3

5.9
7.8
10.6

3.1
10.6
8.8

14.5
11.4
3.5

8.0
5.4
12.4

7.0
21.7
14.2

5.0
4.5
6.7

Maine
.._ ..
New Hampshire.-. _. .
Vermont
Massachusetts
Rhode Island
Connecticut

Total
earnings

.

..

Mideast..
New York
New Jersey
Pennsylvania ...
Delaware .
Maryland
District of Columbia
Great Lakes

8.8

8.1

-0.9

7.6

7.7

9.3

7.5

8.3

5.9

7.0

8.3

7.6

10.0

4.4

Michigan
Ohio. .
Indiana

10.1
9.8
8.3

9.0
10.2
7.8

13.2
13.5
-3.0

9.4
10.2
10.8

-6.9
16.6
10.1

13.6
9.7
8.7

6.0
9.1
7.2

7.6
9.8
7.8

6.3
9.7
4.9

6.3
8.5
6.7

8.4
8.8
10.1

7.7
12.6
7.4

6.9
13.7
11.2

4.5
4.4
4.1

Illinois.
Wisconsin

7.4
8.7

6.2
6.7

-19.8
13.0

4.6
-0.2

10.8
3.7

5.9
6.7

7.4
7.6

7.9
8.4

3.4
5.6

6.0
8.2

7.3
6.5

5.3
2.3

12.3
2.9

4.3
4.2

Plains
Minnesota
Iowa
Missouri

- ..

.

North Dakota
South Dakota
Nebraska

_ _ _.

8.5

8.3

5.4

10.6

8.5

8.9

7.8

8.5

5.6

8.8

8.8

13.8

10.8

4.1

8.4
9.9
8.1

8.7
10.0
7.4

-10.4
18.4
7.7

14.9
12.1
12.5

10.1
6.6
2. 2

10.2
8.5
8.7

9.6
8.0
5.3

10.1
8.9
7.4

5.9
5.9
6.0

10.6
9.3
6.8

7.2
12.3
8.1

10.0
9.0
3.7

13.2
9.4
14.3

5.0
3.7
3.7

10.8
9.6
4.7

10.1
9.4
4.2

22.1
12.3
-23.6

4.4
13.6
8.1

-2.1
7.7
11.3

8.8
9.6
11.4

6.3
9.0
9.4

5.4
7.0
9.4

4.0
6.8
5.9

9.4
11.3
8.7

11.0
8.5
7.7

7.4
-1.9
11.4

8.8
7.7
13.5

4.9
4.5
4.0

14.7

9.7

9.3

3.6

21.8

6.5

8.2

7.7

4.2

8.4

9.9

37.8

3.0

4.0

9.1

10.3

-0.4

6.6

8.8

11.8

10.1

10.9

9.4

7.9

16.6

11.7

13.4

4.7

10.1
6.9
8.0

13.4
5.0
8.9

-12.8
-24.3
-8.5

10.7
1.0
5.1

11.0
7.6
13.2

13.6
4.0
11.2

10.7
7.2
9.4

11.3
7.6
10.3

9.0
6.4
8.0

10.3
3.7
8.7

29.7
11.4
17.4

8.5
12.4
9.0

13.9
8.0
9.6

4.7
5.0
4.7

8.9
8.8
8.3

8.4
10.8
10.3

3.5
-14.2
-29.0

13.3
11.3
9.2

4.2
7.8
10.7

11.9
14.2
12.4

5.8
11.6
12.1

8.4
13.6
11.7

6.3
12.5
12.8

5.2
7.8
9.8

7.7
11.0
9.7

7.8
16.5
14.7

12.2
14.9
15.2

4.5
4.8
5.2

9.3
10.8
8.2

11.0
13.4
8.8

-6.1
34.9
10.3

15.2
4.9
6.5

12.9
14.4
5.3

11.3
11.8
10.0

11.3
14.0
8.1

14.9
12.0
9.2

11.9
12.8
8.4

7.8
9.9
5.7

10.0
15.6
7.3

15.4
7.6
13.4

16.6
16.8
11.3

5.7
4.3
5.2

8.2
8.3
10.7

8.3
7.0
9.2

-4.7
.2
19.6

10.3
9.6
2.3

-2.3
4.2
1.6

14.8
8.6
13.6

8.7
7.3
4.2

10.0
5.6
6.4

8.5
6.2
2.5

7.8
5.7
5.4

10.6
5.0
5.9

13.5
12.6
10.7

11.2
9.8
11.6

4.9
4.2
4.5

10.7

11.6

17.2

9.8

7.7

13.9

10.6

10.7

9.3

11.7

11.8

8.8

13.4

4.1

9.2
11.0

9.7
12.1

7.3
18.4

10.6
7.7

5.7
7.0

12.3
14.7

7.2
11.6

7.4
11.7

10.3
9.8

10.7
12.8

10.8
12.7

9.2
7.6

11.5
14.0

4.4
3.9

9.1
11.6

7.4
13.3

19.8
24.8

8.8
25.0

8.8
14.4

5.8
12.1

6.9
10.0

7.0
9.9

4.8
7.1

4.1
11.6

7.6
12.6

9.7
15.8

6.9
17.1

5.1
4.4

Rocky Mountain

8.7

8.5

-5.7

14.8

6.8

9.4

10.2

9.4

7.8

8.3

8.9

18.0

9.8

3.8

Montana
Idaho
Wyoming

4.2
6.5
4.5

2.8
5.0
3.7

-15.4
-11.7
-33.3

4.1
11.9
27.3

5.0
2.4
-7.9

9.9
13.8
-3.7

6.6
6.9
9.7

5.5
7.8
4.4

4.2
5.4
8.7

6.6
5.4
9.5

7.8
8.8
5.2

-10.0
17.2
6.8

9.8
7.0
8.9

3.7
3.7
2.8

Colorado
Utah

11.2
8.9

12.4
7.5

24.7
-14.6

11.1
16.0

12.0
4.8

9.4
8.0

13.4
7.4

11.7
7.4

10.0
6.8

9.9
6.9

10.3
8.2

26.3
14.0

10.6
10.2

4.2
3.6

Kansas
Southeast
Virginia
West Virginia
Kentucky

. ..

Tennessee
North Carolina
South Carolina

- ..

Georgia
Florida
Alabama
Mississippi
Louisiana
Arkansas

. ..
. ..

Southwest
Oklahoma
Texas

-

New Mexico
Arizona

-

10.3

9.5

18.9

8.1

8.4

8.2

9.4

11.6

8.6

7.8

10.3

16.0

10.9

4.5

. ..

10.7
9.0

10.0
7.0

2.6
-12.9

-6.2
2.5

6.1
2.4

10.5
11.6

8.5
7.2

14.0
8.7

6.7
4.9

9.9
7.2

8.0
4.2

27.0
7.1

12.0
7.9

3.9
3.7

-

12.6
10.2

11.9
9.6

13.9
27.5

8.4
9.2

26.8
8.9

7.9
7.4

12.7
9.6

6.1
11.6

8.6
9.2

8.7
7.5

7.0
11.2

38.5
13.8

14.9
10.9

4.0
4.8

11.1
12.0

9.3
12.3

-14.6
7.8

38.2
8.7

1.7
19.2

8.8
8.5

11.3
11.8

11.4
10.7

6.1
19.5

15.9
13.3

4.8
11.9

10.2
16.5

9.4
3.2

2.8
3.9

Far West
Washington
Oregon
Nevada
California
Alaska. .
Hawaii

.
_

1. Consists of wage and salary disbursements, other labor income, and proprietors' income.
Source: U.S. Department of Commerce, Office of Business Economics.




SURVEY OF CURRENT BUSINESS

22

April 1969

Table 3.—Total Personal Income, 1929, 1940, 1948-68—Percent Change, Selected
Total personal income (millions of dollars)
Line

State and region

1 United States
2

New England

3
4
5

Maine
New Hampshire___
Vermont

6
7
8

Massachusetts _
Rhode Island
Connecticut

9

_.

Mideast

10
11
12

New York
New Jersey
Pennsylvania

13
14
15

Delaware
Maryland
District of Columbia

16

Great Lakes

17
18
19

Michigan
Ohio
Indiana

20
21

Illinois
Wisconsin

22

_

-

Plains

23
24
25

Minnesota
Iowa
Missouri

26
27
28

North Dakota.
South Dakota
Nebraska

29

-

Kansas

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

78,122

208,876

205,793

226,214

253,232

269,769

285,456

287,607

308,266

330,479

348,460

358,474

380,964

6,311

13,796

13,624

14,911

16,524

17,453

18,498

18,729

20,038

21,366

22,477

23,078

24,404

476
320
224

437
281
183

1,084
668
407

1,060
671
396

1,087
704
425

1,188
792
482

1,291
833
496

1,298
884
521

1,314
915
526

1,449
983
549

1,534
1,035
598

1,583
1,102
619

1,644
1,137
627

1,703
1,242
673

3,855
596
1,585

3,367
531
1,511

7,012
1,175
3,450

6,971
1,151
3,374

7,654
1,262
3,779

8,344
1,384
4,335

8,675
1,446
4,710

9,179
1,531
5,087

9,293
1,523
5,160

9,891
1,614
5,552

10, 497
1,674
6,029

11, 074
1,701
6,398

11, 456
1,752
6,462

12, 141
1,846
6,800

27,555

23,944

54,343

54,408

59,211

64,882

68,428

72,684

73,590

78,207

83,740

88,282

90,021

95,290

14, 171
3,705
7,546

11, 724
3,406
6,408

26, 051
8,063
14, 716

26, 046
8,131
14, 553

27, 841
8,934
16, 189

30,009
10, 151
17, 752

31, 396
10, 934
18, 617

33, 206
11, 750
19, 938

34, 275
11,957
19, 515

36, 453
12,688
20, 669

38, 608
13, 719
22, 295

40, 818
14, 550
23, 414

41, 808
14, 822
23, 555

44, 392
15, 845
24, 672

245
1,265
624

275
1,304
827

537
3,331
1,644

586
3,392
1,700

684
3,772
1,790

731
4,318
1,921

782
4,721
1,978

835
5,041
1, 914

857
5,069
1,917

980
5,467
1,949

1,124
5,976
2,019

1,125
6,314
2,061

1,130
6,574
2,133

1,196
6,957
2,228

20,270

17,751

47,805

46,005

50,849

57,556

61,019

66,314

65,547

70,776

75,631

78,618

78,382

83,419

13, 050
15, 942
7,326

14, 741
17, 432
8,073

14, 354
17,397
7,653

15,900
18, 762
8,265

16,529
19, 992
8,875

16, 870
20, 959
9,187

16, 478
20, 615
9,157

17, 482
22, Oil
9,776

1929

1940

85,803
7,056

3,809
5,179
1,983

3,595
4,575
1,889

9,691
12, 269
5,624

9,627
11, 749
5,388

10, 895
12, 930
5,998

12, 176
14, 894
6,938

7,291
2,007

5,958
1,734

15, 521
4,701

14,607
4,633

15, 948
5,078

17, 711
5,837

18,608
6,093

19, 812
6,265

19, 933
6,212

21, 167
6,682

23, 024
7,211

24, 056
7,547

24, 378
7,755

25, 776
8,373

7,659

6,501

19,647

17,971

20,134

21,912

23,016

23,434

24,233

24,762

26,075

27,858

29,543

30,234

1,548
1,449
2,287

1,475
1,274
1,974

4,106
4,042
5,338

3,846
3,392
5,196

4,227
3,897
5,672

4,660
4,127
6,245

4,823
4,338
6,576

5,079
4,200
6,948

5,202
4,525
6,974

5,483
4,307
7,450

5,778
4,580
7,844

6,135
5,077
8,053

6,594
5,202
8,467

6,798
5,319
8,945

246
288
827

218
231
573

813
916
1,909

674
689
1,697

782
814
1,978

794
942
2,067

740
828
2,187

757
892
2,125

766
916
2,253

848
857
2,191

881
914
2,274

905
1,068
2,615

1,030
1,094
2,715

950
980
2,760

3,626

3,804

4,006

4,441

4,483
60,401

1,013

756

2,523

2,477

2,765

3, 077

3,524

3,434

3,597

9,983

10,256

31,769

31,246

34,589

39,289

42,042

43,957

43,779

47,558

51,312

54,082

56,417

31
32
33

Virginia
West Virginia
Kentucky

1,053
790
1,026

1,245
767
908

3,624
2,126
2,788

3,648
1,994
2,659

4,070
2,136
2,881

4,763
2,365
3,361

5,150
2,462
3,587

5,292
2,473
3,752

5,338
2,347
3,692

5,638
2,492
3,866

6,084
2,768
4,107

6,349
2,967
4,291

6,593
2,858
4,430

6,994
2,938
4,655

34
35
36

Tennessee
North Carolina
South Carolina

976
1,044
467

982
1,155
572

3,037
3,732
1,779

3,001
3,675
1,724

3,295
4,219
1,886

3,645
4,691
2,321

3,810
4,851
2,527

4,080
5,040
2,615

4,105
5,120
2,434

4,374
5,571
2,599

4,671
5,935
2,697

4,872
5,980
2,810

5,026
6,286
2,900

5,394
6,731
3,132

37
38
39

Georgia
Florida
Alabama

1,014
758
852

1,047
971
792

3,154
3,043
2,571

3,150
3,177
2,446

3,574
3,599
2,691

4,122
4,048
3,077

4,447
4,554
3,287

4,581
5,050
3,432

4,536
5,328
3,314

5,000
6,070
3,761

5,350
6,972
4,005

5,531
7,730
4,261

5,778
8,457
4,440

6,222
9,308
4,693

40
41
42

Mississippi
Louisiana
Arkansas

573
863
567

470
852
496

1,639
2,679
1,597

1,441
2,857
1,474

1,643
3,021
1,575

1,796
3,336
1,763

1,907
3,636
1,823

1,943
3,858
1,842

1,875
3,881
1,810

2,102
4,114
1,970

2,141
4,547
2,035

2,172
5,028
2,091

2,352
5,089
2,208

2,572
5,344
2,418

4,255

4,062

13,065

13,925

14,850

16,917

18,327

18,923

19,288

20,663

22,209

23,751

24,961

26,344

1,076
2,764

851
2,762

2,390
9,142

2,460
9,839

2,547
10,486

2,837
11,914

3,087
12,837

3,201
13, 196

3,193
13, 504

3,390
14, 438

3,591
15, 472

3,744
16, 538

3,994
17, 126

4,131
17, 995

160
255

198
251

655
879

719
906

811
1,006

936
1,230

1,004
1,399

1,048
1,478

1,077
1,514

1,181
1,655

1,284
1,861

1,442
2,028

1,619
2,222

1,762
2,457

1,624

1,584

4,651

4,600

5,092

5,821

6,168

6,238

6,244

6,775

7,339

7,893

8,281

8,721

315
225
152

316
235
151

876
725
429

788
712
445

962
764
484

1,049
850
556

1,075
932
547

1,096
899
549

1,079
902
533

1,178
951
570

1,241
1,047
605

1,297
1,104
645

1,371
1,163
675

1,345
1,230
715

649
283

615
266

1,810
810

1,820
835

1,970
911

2,313
1,053

2,498
1,116

2,528
1,166

2,566
1,165

2,804
1,272

3,066
1,381

3,365
1,482

3,525
1,547

3,755
1,676

30

43

Southeast

Southwest

44
45

Oklahoma
Texas

46
47

New Mexico
Arizona

48

Rocky Mountain

49
50
51

Montana
Idaho
Wyoming

52
53

Colorado
Utah

54

-

_

-

- - - -

7,402

7,714

23,802

24,016

26,578

30,332

33,317

35,406

36,197

39,486

42,807

45,499

47,789

52,149

. ._.
--

1,165
652

1,140
671

3,608
2,278

3,600
2,251

3,995
2,482

4,414
2,784

4,697
2,966

4,934
2,990

5,035
2,961

5,306
3,198

5,583
3,422

5,912
3,416

6,138
3,577

6,540
3,826

- -

81
5,505

101
5,802

283
17, 633

286
17, 878

327
19, 774

378
22, 756

440
25, 214

480
27,002

519
27, 682

604
30, 378

625
33, 177

673
35, 497

713
37, 361

772
41, 010

723

685

822
692

448
798

494
865

611
896

495
908

505
972

537
1,114

528
1,178

662
1,815

Far West

55
56

Washington
Oregon

57
58

Nevada
California

59
60

Alaska
Hawaii

-

-

* Preliminary.
1. Relative position equals percent of U.S. personal income received by each State and region.
NOTE.—Detail may not add to total because of rounding: Any differences between these




548
1,041

data and those shown in the August 1968 SURVEY are the result of computer rounding and
not statistical revisions. Total includes Alaska and Hawaii for 1960-68.
Source: U.S. Department of Commerce, Office of Business Economics.

April 1969

SUEVEY OF CUEEENT BUSINESS

23

Years—Percent Change in Relative Position, Selected Years, by States and Regions

Total personal income (millions of dollars)—continued

Percent change

Percent change in
relative
positionl
Line

1960

1961

1962

1963

1964

1965

1966

1967

1968^

398,726

414,411

440,190

463,054

494,913

535,949

583,461

625,068

681,933

694.8

25,533

26,580

28,164

29,461

31,378

33,755

36,733

39,658

42,892

507.9

1,796
1,305
716

1,815
1,360
732

1,885
1,449
778

1,931
1,516
799

2,100
1,608
858

2,274
1,737
958

2,445
1,923
1,090

2,585
2,094
1,178

2,788
2,294
1,282

486.3
617.4
471.6

12, 680
1,897
7,138

13, 242
1,966
7,464

13,912
2,115
8,026

14,547
2,199
8,468

15, 431
2,352
9,030

16, 470
2,512
9,805

17, 774
2,761
10, 740

19, 197
2,995
11,609

20, 758
3,233
12, 537

1929-68

1940-48

1948-68

-9.0

167.4

226.5

90.9

71.0

-10.6

118.6

210.9

85.1

68.0

-8.0
-12.1
-18.3

148.0
137.6
122.0

157.1
243.7
215.2

65.6
95.5
76.1

438.4
442.8
691.0

-12.7
-10.8
-4.7

108.3
121.1
128.3

196.0
175.2
263.4

1929-40

1948-60 1960-68* 1929-40

1940-48 1948-68"
1

-1.8

-18.2

-4.8

2

55.2
75.8
79.0

1.0
-3.5
-10.3

-7.3
-11.2
-17.0

-21.2
5.3
-3.5

3
4
5

80.8
61.5
106.9

63.7
70.4
75.6

-4.1
-2.0
4.7

-22.1
-17.3
-14.6

-9.3
-15.7
11.3

6
7
8

-

99,042

102,420

108,230

113,024

120,729

129,090

139,336

149,502

162,085

488.2

-13.1

127.0

198.3

82.3

63.7

-4.6

-15.1

-8.6

9

46,281
16, 528
25,395

47,939
17, 336
25, 696

50, 676
18,449
26,879

52, 697
19, 400
27,847

56,156
20, 550
29, 896

59, 674
22, 148
31,926

64,068
23,911
34, 784

68,916
25, 686
37, 065

74, 725
27, 711
39,987

427.3
647.9
429.9

-17.3
-8.1
-15.1

122.2
136.7
129.6

186.8
243.7
171.7

77.7
105.0
72.6

61.5
67.7
57.5

-9.1
1.0
-6.7

-16.9
-11.5
-14.1

-12.1
5.3
-16.8

10
11
12

1,238
7,289
2,311

1,269
7,805
2,375

1,343
8,349
2,534

1,446
8,964
2,669

1,550
9,755
2,822

1,690
10,690
2,962

1,787
11,681
3,106

1,905
12, 595
3,336

2,076
748.7
13,933 1, 001. 8
3,654
485.4

12.4
3.1
32.5

95.1
155.6
98.9

286.9
318.2
122.2

130.8
118.8
40.5

67.6
91,1
58.1

23.5
13.2
45.5

-27.0
-4.4
-25.6

18.5
28.1
-31.9

13
14
15

86,490

88,001

92,993

97,626

104,786

115,189

125,640

132,806

144,618

613.5

-12.4

169.3

202.5

80.9

67.2

-3.8

.7

-7.3

16

18, 203
22,729
10, 225

18, 131
22,976
10,496

19,320
24,154
11, 148

20, 787
25, 145
11,814

22, 701
26,821
12, 577

25, 398
29,318
13,996

27, 773
31,935
15, 132

29, 151
33,605
15,980

32, 105
36,918
17, 314

742.8
612.8
773.1

-5.6
-11.7
-4.8

169.6
168.2
197.7

231.3
200.9
207.9

87.8
85.3
81.8

76.4
62.4
69.3

3.6
-3.0
4.6

.8
.3
11.4

1.5
-7.8
-5.7

17
18
19

26, 718
8,615

27, 517
8,882

28,992
9,378

30, 227
9,653

32, 247
10,439

35, 146
11,331

38,336
12, 463

40,850
13, 220

43,898
14,382

502.1
616.5

-18.3
-13.6

160.5
171.0

182.8
206.0

72.1
83.3

64.3
66.9

-10.2
-5.1

-2.6
1.4

-13.4
-6.3

20
21

31,871

32,924

35,002

36,373

37,958

41,979

45,599

48,213

52,350

583.5

-15.1

202.2

166.5

62.2

64.3

-6.8

13.0

-18.4

22

7,241
5,475
9,149

7,584
5,743
9,418

7,874
6,005
9,892

8,317
6,352
10,402

8,622
6,649
11, 023

9,545
7,567
11,961

10,389
8,347
12,829

11,162
8,558
13,775

12, 102
9,408
14,891

681.6
549.2
551.2

-4.7
-12.1
-13.7

178.3
217.3
170.4

194.8
132.7
179.0

76.4
35.4
71.4

67.1
71.8
62.8

4.6
-3.4
-5.2

4.1
18.7
1.1

-9.7
-28.7
-14.5

23
24
25

1,087
1,217
2,990

964
1,226
3,048

1,371
1,407
3,276

1,292
1,349
3,342

1,288
1,319
3,484

1,504
1,527
3,854

1,551
1,676
4,246

1,589
1,745
4,422

1,761
1,913
4,634

616.2
564.4
460.2

-11.5
-19.9
-30.7

273.6
297.2
232.9

116.7
108.8
142.7

33.7
32.8
56.6

62.0
57.2
55.0

-2.8
-12.0
-23.9

39.7
48.6
24.5

-33.6
-36.1
-25.7

26
27
28

4,712

4,941

5,177

5,319

5,572

6,020

6,561

6,961

7,642

654.1

-25.4

233.7

202.9

86.8

62.2

-18.1

24.8

-7.2

29

62,650

65,967

70,550

75,283

81,417

88,847

97,817

105,783

115,497

1,056.9

2.7

209.8

263.6

97.2

84.4

12.8

15.9

11.4

30

7,339
2,957
4,792

7,776
3,002
5,123

8,448
3,095
5,427

8,984
3,233
5,733

9,909
3,454
5,980

10, 725
3,687
6,533

11, 694
3,932
7,136

12, 719
4,197
7,737

14, 008 1,229.8
4,488
467.9
8,363
715.4

18.2
-3.0
-11.5

191.1
177.3
207.3

286.6
111.1
199.9

102.5
39.1
71.9

90.9
51.8
74.5

29.8
6.6
-2.8

8.9
3.7
14.9

18.4
-35.3
-8.1

31
32
33

5,521
7,142
3,298

5,879
7,609
3,464

6,258
8,178
3,752

6,644
8,632
3,948

7,143
9,328
4,278

7,859
10, 135
4,733

8,666
11, 330
5,333

9,316
12, 267
5,752

939.5
10, 147
13, 350 1, 178. 9
6,231 1, 233. 3

.6
10.6
22.4

209.4
223.2
210.9

234.1
257.7
250.3

81.8
91.4
85.4

83.8
86.9
88.9

10.5
21.5
34.5

15.7
20.9
16.3

2.3
9.6
7.3

34
35
36

6,489
9,746
4,876

6,757
10, 253
5,014

7,293
11,060
5,270

7,905
11,865
5,660

8,647
12, 982
6,099

9,543
14, 193
6,710

10, 546
15,601
7,239

11, 458
17, 101
7,656

12, 531 1, 136. 1
18, 950 2, 400. 0
8,286
873.0

3.3
28.1
-7.0

201.3
213.5
224.5

297.3
522.8
222.3

105.8
220.3
89.7

93.1
94.4
70.0

13.4
40.6
2.2

12.7
17.2
21.4

21.7
90.8
-1.3

37
38
39

2,632
5,399
2,459

2,820
5,568
2,701

2,979
5,893
2,898

3,291
6,284
3,103

3,423
6,788
3,386

3,748
7,405
3,577

4,119
8,249
3,973

4,453
8,995
4,130

4,821
9,745
4,576

741.8
1, 028. 6
707.6

-17.9
-1.3
-12.4

248.7
214.4
221.7

194.1
263.7
186.6

60.6
101.5
54.0

83.2
80.5
86.1

-9.8
8.4
-3.8

30.4
17.6
20.3

-9.9
11.4
-12.2

40
41
42

27,370

28,882

30,359

31,867

33,923

36,602

40,094

43,345

47,990

1,027.9

-4.5

221.6

267.3

109.5

75.3

4.9

20.3

12.5

43
44
45
46
47

4,350
18, 535

4,551
19, 551

4,688
20, 518

4,880
21, 590

5,220
23, 053

5,657
24, 895

6,098
27, 505

6,594
29,822

7,207
33, 111

569.8
1,097.9

-20.9
-.1

180.6
231.0

201.6
262.2

82.0
102.7

65.7
78.6

-13.1
9.8

5.0
23.8

-7.6
10.9

1,801
2,684

1,873
2,908

1,970
3,182

2,032
3,366

2,117
3,533

2,269
3,780

2,374
4,116

2,484
4,444

2,711
4,961

1, 596. 0
1, 847. 2

23.9
-1.6

230.6
250.5

313.9
464.5

175.1
205.4

50.5
84.8

36.1
8.1

23.6
31.1

26.8
72.9

9,166

9,666

10,423

10,715

11,084

11,904

12,658

13,541

14,720

806.3

-2.5

193.6

216.5

97.1

60.6

7.1

9.8

-3.1

48
49
50
51
52
53

1,383
1,241
749

1,371
1,313
774

1,581
1,413
792

1,588
1,411
810

1,593
1,462
823

1,724
1,672
851

1,868
1,683
887

1,939
1,800
946

2,022
1,918
989

542.1
754.0
549.1

.3
4.7
-.6

177.2
208.2
183.3

130.8
164.6
130.4

57.9
71.3
74.4

46.2
54.5
32.1

10.2
15.0
9.2

3.7
15.3
5.9

-29.3
-19.0
-29.4

4,022
1,771

4,299
1,909

4,566
2,072

4,750
2,155

4,989
2,218

5,302
2,355

5,707
2,513

6,191
2,667

6,886
2,906

960.8
925.6

-5.2
-6.1

194.3
204.6

280.4
258.5

122.1
118.6

71.2
64.0

4.1
3.2

10.1
13.9

16.5
9.8

54,477

57,738

62,123

66,225

70,934

75,707

82,444

88,788

97,946

1,223.2

4.2

208.6

311.5

128.9

79.8

14.4

15.4

26.0

54

6,706
3,960

7,079
4,067

7,635
4,313

7,764
4,578

8,087
4,921

8,668
5,368

9,941
5,787

10, 871
6,122

12, 044
6,677

933.7
924.0

-2.1
2.9

216.3
239.5

233.8
193.1

85.9
73.8

79.6
68.6

7.5
13.0

18.3
27.0

2.3
-10.2

55
56

831
42, 980

914
45, 678

1,125
49, 051

1,268
52, 615

1,357
56, 570

1,437
60,234

1,508
65, 208

1,591
70,204

1,792 2, 122. 4
77, 433 1,306.7

24.8
5.4

181.3
203.9

533.3
339.1

193.7
143.7

115.6
80.2

37.0
15.8

5.2
13.7

94.0
34.5

57
58

649
1,478

635
1,598

666
1,680

705
1,776

791
1,912

858
2,018

915
2,225

1,017
2,415

274.3

104.4

74 1
83.1




1,130
2,706

59
60

SURVEY OF CURRENT BUSINESS

24

April 1969

Table 4.—Total Disposable Personal Income, 1929, 1940, 1948-68—Percent Change in Disposable

Total disposable personal income (millions of dollars)
Line

State and region

1 United States. .
2

New England

3
4
5

Maine__
New Hampshire
Vermont

6
7
8

Massachusetts
Rhode Island
Connecticut __

9

__

Mideast

10
11
12

New York
New Jersey
Pennsylvania

13
14
15

Delaware
Maryland
District of Columbia

16

Great Lakes

17
18
19

Michigan
Ohio
Indiana.

20
21

Illinois
Wisconsin . _.

22

_

Plains

23
24
25

Minnesota
Iowa
Missouri . __

26
27
28

North Dakota
South Dakota.
Nebraska

29

Kansas.

30

Southeast..

_
_
_

1929

1940

83, 163

1948

1949

1950

75,524

187,914

187,327

205,644

224,459

235,929

250, 156

255, 165

272,985

290,914

6,831

6,082

12,310

12,364

13,461

14,530

15,058

16,039

16,534

17,575

464
313
219

425
271
178

1,003
610
373

988
620
366

1,014
647
392

1,085
712
435

1,157
744
444

1,164
777
468

1,198
823
479

1,329
883
493

3,718
576
1,542

3,243
513
1,453

6,249
1,036
3,039

6,291
1,051
3,047

6,901
1,138
3,370

7,318
1,216
3,764

7,442
1,258
4,014

7,926
1,341
4,363

8,202
1,356
4,476

8,618
1,418
4,833

26,452

22,946

48,234

48,945

53,213

56,656

58,881

62,741

64,436

68,322

72,674

76,543

78,350

82,520

13, 448
3,585
7,347

11, 152
3,298
6,191

22, 901
7,254
13, 211

23, 233
7,419
13,264

24, 808
8,141
14, 743

25, 959
9,012
15,689

26, 792
9,574
16, 195

28, 399
10, 289
17, 399

29,682
10, 618
17, 330

31, 528
11, 270
18, 272

33, 208
12, 117
19,500

35, 067
12, 838
20, 454

36, 022
13, 054
20, 774

37,963
13, 975
21, 694

226
1,234
612

237
1,259
809

434
2,951
1,483

478
3,025
1,528

547
3,364
1,611

587
3,718
1,692

625
4,005
1,690

657
4,332
1,666

671
4,448
1,686

757
4,784
1,711

898
5,177
1,775

911
5,478
1,795

929
5,725
1,845

978
6,009
1,901

19,672

17,242

42,891

41,794

46, 142

50,711

53,089

57,587

57,960

62,518

66,247

68,798

69,241

73,447

3,680
5,038
1,944

3,487
4,443
1,845

8,675
11, 039
5,138

8,759
10, 699
4,938

9,845
11, 781
5,515

10, 695
13, 147
6,218

11, 326
13, 871
6,496

12,688
15, 106
7,156

12, 594
15, 482
6,863

14, 001
16, 527
7,389

14, 440
17, 542
7,898

14, 726
18, 377
8,140

14,601
18, 236
8,192

15, 415
19,393
8,702

7,061
1,949

5,798
1,670

13, 803
4,237

13, 193
4,205

14, 395
4,605

15, 490
5,161

16, 089
5,307

17, 182
5,454

17, 516
5,504

18, 730
5,872

20,064
6,304

20, 974
6,580

21, 401
6,809

22, 617
7,321

7,477

6,323

17,961

16,481

18,512

19,698

20,428

20, 737

21,771

22, 179

23,260

24,850

26,297

26,872

1,504
1,415
2,233

1,430
1,239
1,921

3,720
3,738
4,869

3,516
3,112
4,752

3,853
3,603
5,188

4,160
3,743
5,566

4,218
3,911
5,765

4,463
3,745
6,083

4,626
4,104
6,217

4,855
3,891
6,625

5,080
4,123
6,957

5,391
4,566
7,124

5,830
4,627
7,510

5,979
4,744
7,924

240
281
813

212
224
559

748
858
1,748

625
643
1,561

733
767
1,828

724
876
1,862

672
757
1,968

689
818
1,893

707
845
2,040

782
790
1,979

802
836
2,043

822
984
2,379

935
992
2,437

857
893
2,470

1951

1952

1953

1954

1955

1956

1957

1958

1959

306, 158

316,402

335,012

18,666

19, 632

20,243

21,310

1,384
923
529

1,425
976
550

1,488
1,013
557

1,543
1,103
596

9,156
1,472
5,202

9,642
1,497
5,542

10, 016
1,542
5,628

10, 547
1,630
5,891

991

738

2,281

2,271

2,540

2,768

3,138

3,047

3,232

3,257

3,417

3,584

3,966

4,005

9,776

9,962

29,390

29,075

32,156

35,889

37 930

39,754

39,779

43,170

46,218

48,473

50,834

54,144

31
32
33

Virginia
West Virginia.
Kentucky

1,031
778
1,006

1,209
747
887

3,318
1,958
2,584

3,356
1,862
2,482

3,746
1,992
2,668

4,309
2,168
3,069

4,580
2,202
3,223

4,703
2,228
3,368

4,774
2,124
3,329

5,037
2,252
3,482

5,373
2,483
3,681

5,591
2,638
3,797

5,843
2,580
3,962

6,172
2,632
4,164

34
35
36

Tennessee.
North Carolina
South Carolina

957
1,018
460

957
1,118
560

2,826
3,461
1,659

2,801
3,435
1,607

3,065
3,942
1,752

3,329
4,309
2,135

3,453
4,407
2,286

3,689
4,591
2,398

3,752
4,694
2,237

3,996
5,098
2,380

4,228
5,418
2,454

4,406
5,405
2,559

4,541
5,724
2,649

4,868
6,056
2,831

37
38
39

Georgia
Florida
Alabama .

997
732
835

1,018
926
773

2,911
2,763
2,398

2,920
2,916
2,287

3,336
3,294
2,515

3,773
3,616
2,816

4,008
4,035
2,998

4,170
4,488
3,124

4,129
4,768
3,037

4,549
5,424
3,437

4,848
6,162
3,637

4,969
6,821
3,850

5,194
7,541
4,007

5,595
8,261
4,232

40
41
42

Mississippi
Louisiana •..
Arkansas

563
845
554

460
825
483

1,556
2,451
1,504

1,364
2,652
1,394

1,558
2,805
1,484

1,683
3,042
1,641

1,778
3,268
1,692

1,814
3,484
1,699

1,747
3,525
1,662

1,967
3,726
1, 824

1,980
4,091
1,863

2,008
4,520
1,909

2,174
4,604
2,015

2,360
4,766
2,207

4,170

3,958

11,779

12,774

13,507

15,109

16,214

16,841

17,223

18,502

19,798

21,049

22,250

23,423

1,055
2,712
156
248

828
2,694
192
243

2,179
8,200
598
802

2,285
8,986
660
843

2,336
9,505
744
922

2,551
10,604
841
1,112

2,749
11, 339
885
1,241

2,856
11, 723
933
1,329

2,863
12, 027
968
1,364

3,053
12, 906
1,056
1,487

3,211
13, 779
1,149
1,659

3,319
14,649
1,279
1,802

3,572
15, 241
1,453
1,984

3,677
15,992
1,574
2,180

1,585

1,538

4,237

4,210

4,670

5,219

5,454

5,524

5,565

6,051

6,476

6,997

7,345

7,700

308
219
149

309
229
147

798
671
388

721
660
408

887
711
444

944
769
497

961
833
482

977
814
484

964
816
474

1,060
865
508

1,115
933
530

1,153
995
567

1,236
1,039
598

1,188
1,097
631

633
277

593
259

1,631
749

1,644
777

1,779
849

2,050
959

2,178
1,001

2,204
1,045

2,250
1,060

2,470
1,149

2,663
1,235

2,957
1,325

3,087
1,384

3,292
1,492

43

_

Southwest

44
45
46
47

Oklahoma
Texas
New Mexico
Arizona

48

Rocky Mountain

49
50
51

Montana
Idaho
Wyoming

52
53

Colorado
Utah

54

_.

_

__.

7,200

7,473

21,113

21,685

23,982

26,647

28,874

30,933

31,897

34,667

37,576

39,816

41,841

45,597

55
56

Washington
Oregon

1,137
632

1,113
652

3,247
2,019

3,286
2,030

3,653
2,234

3,902
2,437

4,105
2,573

4,334
2,615

4,474
2,605

4,730
2,819

4,948
2,961

5,233
2,989

5,394
3,097

5,788
3,312

57
58

Nevada
California

78
5,352

97
5,612

247
15, 599

257
16, 112

289
17, 806

329
19, 979

370
21, 826

412
23, 572

446
24, 371

529
26, 590

542
29, 126

579
31, 015

618
32, 732

676
35, 821

59
60

Alaska.
Hawaii.

Far West-

"Preliminary.
1. Relative position equals percent of U.S. disposable income received by each State and
region.




NOTE.—Detail may not add to total because of rounding. Total includes Alaska and Hawaii
for 1960-68.
Source: U.S. Department of Commerce, Office of Business Economics.

April 1969

SURVEY OF CUEEENT BUSINESS

25

Income, Selected Years—Percent Change in Relative Position, Selected Years, by States and Regions

Total disposable personal income (millions of dollars)— continued

Percent change in relative
position *

Percent change

Line

1960

1961

1962

1963

1964

1965

1966

1967

1968 P

348,052

362,268

383,098

402,429

435,791

470,581

508,516

542,986

22,044

23,049

24,352

25,424

27,486

29,469

31,784

1,604
1,145
632

1,619
1,197
645

1,673
1,276
687

1,720
1,329
696

1,885
1,437
751

2,045
1,543
848

2,196
1,688
950

10, 877
1,658
6,129

11, 466
1,713
6,409

11, 976
1,853
6,887

12, 522
1,915
7,242

13, 485
2,067
7,861

14, 363
2,199
8,471

85,221

88,055

92,740

96,682

104,657

39, 285
14, 476
22, 225

40, 480
15, 165
22, 576

42, 806
16, 094
23, 497

44, 517
16, 899
24, 238

1,005
6,261
1,970

1, 025
6,761
2,049

1,051
7,116
2,175

75,473

77, 141

15, 926
19, 859
9,017

15, 953
20, 174
9,301

23, 244
7,427

1929-68

1929-40

1940-48

1948-68

585,492

604.0

-9.2

148.8

211.6

85.2

68.2

34,276

36,652

436.6

-11.0

102.4

197.8

79.1

66.3

-2.0

-18.7

-4.4

2

2,315
1,833
1,021

2,477
1,988
1,103

434.4
536.2
402.7

-8.3
-13.3
-19.0

135.9
125.0
110.2

147.0
226.2
195.4

60.0
87.8
69.4

54.4
73.7
74.4

1.0
-4.5
-10.9

-5.2
-9.6
-15.5

-20.7
4.7
-5.2

3
4
5

15, 352
2,406
9,192

16, 575
2,604
9,928

17, 705
2,782
10, 597

376.3
382.6
587.4

-12.8
-11.1
-5.7

92.7
102.1
109.1

183.3
168.6
248.7

74.0
60.1
101.7

62.8
67.8
72.9

-3.9
-2.1
3.8

-22.5
-18.8
-15.9

-9.1
-13.8
11.9

6
7
8

111,423

119,540

127,598

136,492

416.0

-13.3

110.2

183.0

76.7

60.2

-4.5

-15.5

-9.2

9

48,039
18, 199
26, 393

50, 859
19, 468
28, 071

54, 255
20, 988
30, 366

58, 015
22, 450
32, 291

62, 062
23, 966
34, 404

361.5
568.6
368.3

-17.1
-8.0
-15.7

105.4
120.0
113.4

171.0
230.4
160.4

71.5
99.5
68.2

58.0
65.6
54.8

-8.7
1.3
-7.2

-17.5
-11.6
-14.2

-13.0
6.0
-16.4

10
11
12

1,112
7,618
2,299

1,149
8,414
2,462

1,242
9,196
2,588

1,340
9,903
2,688

1,451
10, 526
2,866

1,533
11, 425
3,102

577.3
825.7
406.8

4.8
2.0
32.2

83.0
134.4
83.4

253.3
287.2
109.2

131.6
112.2
32.8

52.6
82.5
57.4

15.4
12.3
45.5

-26.5
-5.8
-26.3

13.4
24.3
-32.9

13
14
15

80,951

84,917

92,368

101, 190

109,492

115,283

123,821

529.4

-12.4

148.8

188.7

76.0

64.1

-3.5

-.0

-7.3

16

16, 807
21,113
9,810

18, 058
21, 903
10,337

19, 986
23, 732
11, 103

22,281
25, 793
12, 349

24, 187
27, 909
13, 219

25, 253
29, 252
13, 902

27, 165
31, 763
14, 920

638.3
530.4
667.3

-5.2
-11.8
-5.1

148.8
148.4
178.4

213.2
187.7
190.4

83.6
79.9
75.5

70.6
59.9
65.5

4.3
-2.9
4.5

-.0
i
11.9

.5
-7.7
-6.8

17
18
19

23,974
7,738

25, 156
8,065

26, 308
8,312

28, 455
9,092

30,932
9,834

33,456
10, 722

35, 576
11, 300

37, 772
12, 201

434.9
526.2

-17.9
-14.3

138.1
153.7

173.7
188.0

68.4
75.3

62.5
64.3

-9.6
-5.7

-4.3
2.0

-12.2
-7.6

20
21

28, 108

29,018

30,788

31,912

33,728

37,229

40,059

42,314

45,537

509.1

-15.4

184.1

153. 5

56.5

62.0

-6.9

14.2

-18.6

22

6,320
4,835
8,025

6,630
5,096
8,250

6,824
5,328
8,619

7,230
5,640
9,029

7,572
5,949
9,729

8,353
6,773
10,468

9,027
7,363
11, 167

9,670
7,579
11, 954

10, 371
8,297
12, 801

589.7
486.3
473.4

-4.9
-12.5
-14.0

160.1
201.8
153.5

178.8
122.0
162.9

69.9
29.3
64.8

64.1
71.6
59.5

4.7
-3.6
-5.3

4.5
21.3
1.9

-10.5
-28.8
-15.6

23
24
25

984
1,112
2,659

865
1,111
2,683

1,248
1,284
2,911

1,164
1,221
2,950

1,161
1,208
3,119

1,367
1,406
3,468

1,398
1,532
3,794

1,427
1,593
3,941

1,576
1,736
4,040

557.0
517.5
397.1

-11.7
-20.2
-31.2

253.2
282.2
212.6

110.7
102.4
131.1

31.6
29.6
52.1

60.2
56.1
51.9

-2.8
-12.1
-24.2

41.9
53.6
25.6

-32.4
-35.0
-25.8

26
27
28

4,174

4,383

4,574

4,678

4,989

5,394

5,778

6,150

6,716

577.6

-25.5

209.0

194.5

83.0

60.9

-18.0

24.2

-5.5

29

1948-60 1960-68 P 1929-40

1940-48 1948-68 P
1

55,854

58,929

62,554

66,647

72,756

79,091

86,356

93,231

243.2

90.0

80.6

12.2

18.6

10.1

30

6,410
2,622
4,269

6,820
2,662
4,592

7,366
2,737
4,824

7,752
2,842
5,100

8,717
3,067
5,346

9,380
3,273
5,827

10, 139
3,459
6,281

11, 008
3,680
6,790

11, 981 1, 062. 1
3,902
401.6
621.5
7,258

17.3
-3.9
-11.9

174.4
162.0
191.4

261.1
99.3
180.9

93.2
33.9
65.2

86.9
48.8
70.0

29.2
5.8
-2.9

10.3
5.3
17.1

15.9
-36.0
-9.8

31
32
33

4,938
6,383
2,974

5,276
6,815
3,120

5,511
7,262
3,355

5,915
7,642
3,531

6,426
8,357
3, 861

7,043
8,985
4,252

7,686
9,984
4,748

8,253
10, 810
5,108

8,907
11, 644
5,478

831.0
1, 043. 3
1, 091. 8

-.0
9.7
21.9

195.4
209.7
196.1

215.2
236.4
230.3

74.7
84.4
79.3

80.4
82.4
84.2

10.1
20.8
34.2

18.7
24.5
19.0

1.2
8.0
6.0

34
35
36

5,777
8,629
4,372

6,021
9,066
4,511

6,446
9,759
4,698

6,978
10, 444
5,053

7,685
11, 485
5,463

8,451
12, 535
5,996

9,267
13, 747
6,398

10,043
15, 045
6,754

991.2
10, 874
16, 552 2, 162. 0
769.1
7,256

2.2
26.5
-7.4

185.9
198.5
210.3

273.5
499.1
202.5

98.4
212.3
82.3

88.2
91.8
66.0

12.5
39.3
1.9

14.9
20.0
24.7

19.9
92.3
-2.9

37
38
39

2,396
4,847
2,237

2,583
5,002
2,462

2,702
5,282
2,612

2,982
5,609
2,799

3,118
6,136
3,095

3,403
6,693
3,254

3,710
7,359
3,576

4,000
8,019
3,721

4,296
8,612
4,099

662.8
918.7
639.3

-18.4
-2.4
-12.9

238.4
197.0
211.7

176.2
251.4
172.5

54.0
97.7
48.7

79.3
77.7
83.3

-10.1
7.5
-4.1

36.0
19.4
25.3

-11.4
12.8
-12.6

40
41
42

24,235

25,532

26,743

28,076

30,262

32,587

35,439

38,243

41,989

906.9

-5.1

197.6

256.5

105.7

73.3

4.5

19.6

14.4

43

3,864
16,396
1,611
2,364

4,027
17, 259
1,674
2,571

4,135
18,047
1,756
2,805

4,308
18,991
1,809
2,968

4,648
20, 569
1,903
3,142

5,045
22, 156
2,021
3,366

5,398
24,275
2,110
3,656

5,822
26, 273
2,209
3,939

6,316
498.8
966.5
28, 918
2,393 1, 433. 5
4,361 1, 660. 2

-21.5
-.6
23.1
-1.9

163.0
204.4
211.3
230.1

189.9
252.7
300.2
443.5

77.4
100.0
169.4
194.6

63.5
76.4
48.5
84.5

-13.5
9.4
35.5
8.0

5.7
22.3
25.1
32.7

-6.9
13.2
28.4
74.4

44
45
46
47

8,022

8,467

9,159

9,376

9,852

10,555

11,131

11,865

12,766

-3.0

175.5

201.3

89.4

59.1

6.8

10.7

-3.3

48
49
50
51
52
53

100,860

931.7

705.3

1.9

195.0

1,230
1,096
656

1,210
1,168
682

1,414
1,259
694

1,411
1,248
700

1,427
1,306
731

1,533
1,495
753

1,654
1,494
776

1,712
1,590
828

1,762
1,669
854

472 5
663.6
473.2

.3
4.9
-1.1

158.5
192.3
163.6

120.8
149.0
119.9

54.1
63.4
69.0

43.3
52.4
30.1

10.5
15.5
8.9

3.9
17.5
5.9

-29.2
-20.1
-29.4

3,470
1,571

3,715
1,691

3,954
1,838

4,110
1,907

4,405
1,983

4,668
2,105

4,979
2,228

5,376
2,359

5,932
2,548

837.8
818.8

-6.2
-6.6

174.8
189.0

263.8
240.4

112.8
109.8

71.0
62.3

3.3
2.8

10.5
16.2

16.7
9.3

47,300

50,173

53,802

57,277

62,337

66,554

72,036

77,259

84,144

1,068.7

3.8

182.5

298.5

124.0

77.9

14.3

13.5

27.9

54

5,904
3,412

6,221
3,536

6,699
3,724

6,792
3,923

7,219
4,237

7,700
4,662

8,743
4,995

9,538
5,288

10, 461
5,716

820.0
803 9

-2.2
3.0

191.9
209.8

222.2
183.2

81.8
69.0

77.2
67.5

7.7
13.4

17.3
24.5

3.4
-9.1

55
56

718
37, 266

778
39,638

968
42, 411

1,086
45, 476

1,184
49, 697

1,253
52, 939

1,304
56, 994

1, 377
61, 057

1,534 1, 856. 2
66, 432 1, 141. 3

23.4
4.9

155.7
178.0

519.9
325.9

190.2
138.9

113.6
78.3

35.9
15.5

2.8
11.7

99.0
36.7

57
58

557
1,237

554
1,350

573
1,436

600
1,519

689
1,656

735
1,749

786
1,895

870
2,046




961
2,270

72.5
83.5

59
60

SURVEY OF CUERENT BUSINESS

26

April 1969

Table 5.—Per Capita Total Personal Income 1929, 1940, 1948-68—Percent of United States,
Dollars

State and region

Line

1929

1940

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1 United States

705

592

1,430

1,384

1,496

1,652

1,733

1,804

1,785

1,876

1,975

2,045

2,068

2,161

New England

868

747

1,494

1,453

1,601

1,779

1,865

1,921

1,905

2,030

2,152

2,241

2,258

2,338

597
685
625

515
571
505

1,235
1,284
1,133

1,174
1,259
1,074

1,186
1,323
1,121

1,297
1,497
1,275

1,411
1,557
1,324

1,421
1,616
1,374

1,417
1,651
1,395

1,552
1,765
1,463

1,635
1,829
1,586

1,679
1,927
1,647

1,742
1,957
1,651

1,780
2,084
1,738

912
871
994

780
739
885

1,500
1,493
1,713

1,470
1,437
1,660

1,633
1,605
1,875

1,793
1,765
2,137

1,866
1,804
2,263

1,910
1,878
2,346

1,893
1,866
2,294

2,026
1,962
2,414

2,146
1,993
2,603

2,247
1,998
2,712

2,287
2,042
2,642

2,373
2,154
2,695

2
3
4
5

Maine.
New Hampshire
Vermont

6
7
8

Massachusetts
Rhode Island
Connecticut

- -

Mideast

976

790

1,648

1,618

1,756

1,912

1,985

2,068

2,054

2,153

2,283

2,378

2,387

2,494

10
11
12

New York
New Jersey
Pennsylvania

1,164
929
776

871
816
648

1,797
1,689
1,431

1,749
1,663
1,401

1,873
1,834
1,541

2,015
2,028
1,697

2,067
2,134
1,773

2,139
2,247
1,870

2,167
2,231
1,804

2,283
2,306
1,889

2,396
2,443
2,032

2,493
2,536
2,137

2,518
2,516
2,130

2,661
2,634
2,196

13
14
15

Delaware
Maryland
D istrict of C olumbia

1,037
780
1,292

1,023
709
1,198

1,720
1,467
1,958

1,853
1,456
2,106

2,132
1,602
2,221

2,209
1,769
2,378

2,293
1,888
2,457

2,379
1,964
2,363

2,328
1,888
2,423

2,519
1,994
2,483

2,754
2,126
2,660

2,641
2,198
2,701

2,611
2,204
2,817

2,712
2,269
2,927

805

664

1,602

1,517

1,666

1,864

1,937

2,062

1,983

2,095

2,198

2,248

2,203

2,322

9

16

Great Lakes

17
18
19

Michigan
Ohio
Indiana

794
782
615

676
660
550

1,560
1,558
1,451

1,520
1,474
1,361

1,701
1,620
1,512

1,874
1,848
1,694

1,962
1,926
1,766

2,161
2,028
1,930

2,031
1,961
1,795

2,183
2,081
1,894

2,214
2,171
1,991

2,229
2,227
2,028

2,149
2,148
1,998

2,251
2,276
2,119

20
21

Illinois
Wisconsin

959
684

754
552

1,815
1,418

1,685
1,366

1,825
1,477

2,015
1,697

2,078
1,757

2,186
1,787

2,154
1,722

2,243
1,816

2,416
1,927

2,488
1,991

2,466
2,018

2,581
2,152

578

482

1,444

1,298

1,428

1,547

1,624

1,642

1,677

1,681

1,749

1,860

1,970

1,990

602
589
631

529
502
521

1,431
1,590
1,389

1,310
1,316
1,339

1,410
1,485
1,431

1,548
1,577
1,556

1,592
1,652
1,656

1,665
1,598
1,728

1,671
1,723
1,715

1,729
1,608
1,802

1,783
1,694
1,884

1,874
1,869
1,922

1,990
1,921
2,023

2,020
1,,949
2,101

365
417
602

340
360
436

1,401
1,497
1,509

1,130
1,091
1,304

1,263
1,242
1,490

1,314
1,438
1,571

1,217
1,272
1,668

1,244
1,376
1,612

1,254
1,398
1,681

1,378
1,293
1,594

1,437
1,365
1,628

1,479
1,603
1,876

1,700
1,668
1,963

1,537
1,470
1,976
2,075

22

Plains

23
24
25

Minnesota
Iowa
Missouri

26
27
28

North Dakota.
South Dakota
Nebraska

29
30

- -

Kansas
Southeast

31
32
33

Virginia
West Virginia
Kentucky

34
35
36

Tennessee
North Carolina
South Carolina

37
38
39

Georgia.
Florida
Alabama

40
41
42

Mississippi
Louisiana
Arkansas

__.

.

_
__

Southwest

543

423

1,333

1,287

1,443

1,578

1,783

1,722

1,762

1,732

1,795

1,882

2,073

368

339

984

953

1,022

1,141

1,213

1,267

1,257

1,343

1,423

1,467

1,507

1,585

434
460
394

458
402
317

1,130
1,120
990

1,108
1,033
933

1,228
1,065
981

1,387
1,192
1,143

1,470
1, 258
1,229

1,488
1,282
1,293

1,501
1,232
1,272

1,571
1,326
1,328

1,634
1,491
1,417

1,652
1,610
1,465

1,684
1,549
1,496

1,770
1,584
1,552

375
333
269

334
323
301

944
973
891

927
940
850

994
1,037
893

1,081
1,139
1,071

1,137
1,181
1,160

1,229
1, 223
1,199

1,222
1,239
1,119

1,281
1,313
1,181

1,368
1,377
1,210

1,419
1,369
1,236

1,448
1,436
1,259

1,532
1,510
1,334

349
525
322

336
507
278

968
1,180
866

947
1,191
815

1,034
1,281
880

1,167
1,359
1,006

1,241
1,442
1,071

1,288
1,526
1,124

1,259
1,520
1,099

1,375
1,620
1,233

1,445
1,723
1,304

1,469
1,768
1,371

1,519
1,827
1,404

1,609
1,936
1,465

287
414
306

216
360
254

790
1,032
875

691
1,084
800

755
1,120
825

830
1,205
927

886
1,279
992

923
1,346
1,035

908
1,346
1,044

1,020
1,396
1,142

1,026
1,500
1,194

1,040
1,614
1,207

1,127
1,613
1,279

1,203
1,666
1,377

474

415

1,187

1,256

1,297

1,431

1,513

1,555

1,570

1,629

1,713

1,783

1,836

1,899

44
45

Oklahoma
Texas

454
480

366
430

1,144
1,199

1,169
1,291

1,143
1,349

1,284
1,469

1,391
1,544

1,467
1,583

1,445
1,611

1,507
1,667

1,580
1,752

1,641
1,823

1,762
1,851

1,805
1,913

46
47

New Mexico
Arizona.

381
593

373
502

1,084
1,274

1,117
1,270

1,177
1,330

1,306
1,566

1,367
1,662

1,386
1,654

1,412
1,623

1,504
1,677

1,593
1,767

1,702
1,802

1,828
1,862

1,917
1,949

599

526

1,419

1,360

1,457

1,659

1,727

1,699

1,661

1,742

1,821

1,919

2,001

2,064
2,010
1,872
2,236
2,196
1,927

43

48

Rocky Mountain

49
50
51

Montana
Idaho
Wyoming

52
53

Colorado
Utah

54

_

Far West

55
56

Washington
Oregon.
_

57
58

Nevada
California. ,

59
60

Alaska
Hawaii

__

601
502
683

566
450
606

1,616
1,315
1,595

1,385
1,249
1,605

1,622
1,295
1,668

1,761
1,443
1,911

1,786
1,588
1,866

1,779
1,509
1,892

1,729
1,503
1,818

1,852
1,539
1,857

1,891
1,667
1,938

1,944
1,720
2,054

2,059
1,801
2,143

644
558

544
482

1,433
1,241

1,406
1,244

1,487
1,309

1,745
1,491

1,830
1,542

1,767
1,578

1,718
1,554

1,814
1,625

1,887
1,707

2,023
1,794

2,115
1,830

911

780

1,715

1,689

1,801

1,985

2,103

2,144

2,117

2,239

2,335

2,400

2,433

2,567

749
689

655
618

1,600
1,621

1,569
1,573

1,674
1,620

1,821
1,789

1,919
1,875

2,001
1,867

2,001
1,821

2,038
1,927

2,092
2,016

2,170
1,996

2,213
2,082

2,318
2,191

896
995

890
835

1,814
1,752

1,823
1,730

2,018
1,852

2,249
2,044

2,429
2,167

2,462
2,204

2,437
2,172

2,549
2,313

2,502
2,419

2,588
2,489

2,652
2,511

2,767
2,651

1,407

1,854

8,885
1,887

2,835
1,680

2,614
1,747

2,498
1,796

2,802
1,802

2,275
1,887

2,446
1,900

2,825
1,944

2,857
1,987

2,509
2,156

* Revised.
v Preliminary.
1. Relative position equals per capita income of each State and region as a percent of U.S.
per capita income.
NOTE.—Total includes Alaska and Hawaii for 1960^68.
The population estimates used to derive this series were from the following Population




Estimates publications: 1929, 1940, 1948, 1949, Series P-25, No. 139, June 27, 1950; 1950-59,
Series P-25, No. 304, April 8, 1965; 1960-64, Series P-25, No. 348, September 16, 1966; 1965-68,
Series P-25, No. 414, January 28, 1969, all Bureau of the Census, U.S. Department of
Commerce.
Source: U.S. Department of Commerce, Office of Business Economics. (See also note
table 3.)

April 1969

SURVEY OF CURRENT BUSINESS

27

Selected Years—Percent Change in Relative Position, Selected Years, by States and Regions
D ollars— continued
1960

1961

1962

1963

1964

1965 r

Percent change in relative position l

Percent of U.S.
1966 r

1967 r

1968 v

1929

1940

1948

1960

1968 P

1929-40

1940-48

1948-68 » Line

2,215

2,264

2,368

2,455

2,586

2,765

2,978

3,159

3,412

100.0

100.0

100.0

100.0

100.0

2,425

2,501

2,626

2,710

2,853

3,025

3,263

3,495

3,746

123.1

126.2

104.5

109.5

109.8

2.5

-17.2

5.1

2

1,844
2,144
1,842

1,829
2,205
1,877

1,904
2,300
1,980

1,961
2,347
2,013

2,134
2,440
2,150

2,307
2,577
2,377

2,482
2,845
2,658

2,632
3,031
2,804

2,857
3,268
3,017

84.7
97.2
88.7

87.0
96.5
85.3

86.4
89.8
79.2

83.3
96.8
83.2

83.7
95.8
88.4

2.7
-.7
-3.8

-.7
-6.9
-7.1

-3.0
6.7
11.6

3
4
5

2,460
2,211
2,807

2,553
2,280
2,892

2,675
2,425
3,040

2,770
2,507
3,118

2,919
2,660
3,244

3,072
2,819
3,450

3,290
3,075
3,722

3,533
3,324
3,978

3,796
3,537
4,231

129.4
123.5
141.0

131.8
124.8
149.5

104.9
104.4
119.8

111.1
99.8
126.7

111.3
103.7
124.0

1.9
1.0
6.0

-20.4
-16.4
-19.9

6.1
-.7
3.5

6
7
8

2,565

2,612

2,728

2,807

2,958

3,141

3,360

3,586

3,860

138.4

133.4

115.2

115.8

113.1

-3.6

-13.6

2,746
2,708
2,242

2,796
2,765
2,257

2,902
2,889
2,371

2,979
2,965
2,441

3,138
3,076
2,599

3,343
3,256
2,748

3,566
3,460
2,984

3,824
3,679
3,176

4,133
3,907
3,409

165.1
131.8
110.1

147.1
137.8
109.5

125.7
118.1
100.1

124.0
122.3
101.2

121.1
114.5
99.9

-10.9
4.6
-.6

2,758
2,343
3,017

2,759
2,464
3,065

2,883
2,573
3,249

3,013
2,675
3,370

3,139
2,834
3,549

3,366
3,030
3,694

3,476
3,237
3,853

3,635
3,423
4,128

3,888
3,712
4,516

147.1
110.6
183.3

172.8
119.8
202.4

120.3
102.6
136.9

124.5
105.8
136.2

114.0
108.8
132.4

17.5
8.2
10.4

1

-1.8

9

-14.6
-14.3
-8.6

-3.6
-3.1
-.2

10
11
12

-30.4
-14.3
-32.3

-5.3
6.0
-3.3

13
14
15

2,384

2,405

2,522

2,620

2,775

3,007

3,236

3,389

3,652

114.2

112.2

112.0

107.6

107.0

-.1

-4.5

16

2,324
2,334
2,188

2,299
2,328
2,222

2,438
2,427
2,359

2,587
2,509
2,472

2,782
2,649
2,603

3,048
2,857
2,856

3,269
3,072
3,043

3,387
3,204
2, 188

3,674
3,487
3,421

112.6
110.9
87.2

114.2
111.5
92.9

109.1
109.0
101.5

104.9
105.4
98.8

107.7
102.2
100.3

1.4
.5
6.5

-4.5
-2.3
9.2

-1.3
-6.2
-1.2

17
18
19

2,650
2,176

2,720
2,227

2,826
2,336

2,915
2,378

3,060
2,546

3,299
2,729

3,554
2,983

3,752
3,152

3,994
3,407

136.0
97.0

127.4
93.2

126.9
99.2

119.6
98.2

117.1
99.9

-6.4
-3.9

-.3
6.3

-7.8
.7

20
21

2,067

2,114

2,235

2,308

2,399

2,643

2,858

3,012

3,259

82.0

81.4

101.0

93.3

95.5

-.7

24.0

-5.4

22

2,116
1,986
2,115

2,193
2,081
2,166

2,254
2,176
2,270

2,372
2,303
2,358

2,443
2,406
2,466

2,678
2,736
2,658

2,898
3,020
2,809

3,079
3,087
3,003

3,318
3,391
3,220

85.4
83.5
89.5

89.4
84.8
88.0

100.1
111.2
97.1

95.5
89.7
95.5

97.2
99.4
94.4

4.6
1.5
-1.7

12.0
31.1
10.4

-2.8
-10.6
-2.8

23
24
25

1,714
1,782
2,110

1,504
1,771
2,114

2,155
2,001
2,247

2,002
1,908
2,276

1,981
1,885
2,369

2,307
2,217
2,640

2,415
2,465
2,945

2,515
2,613
3,064

2,808
2,916
3,220

51.8
59.1
85.4

57.4
60.8
73.6

98.0
104.7
105.5

77.4
80.5
95.3

82.3
85.5
94.4

10.9
2.8
-13.8

70.6
72.1
43.3

-16.0
-18.4
-10.6

26
27
28

2,161

2,210

2,295

2,352

2,491

2,678

2,884

3,052

3,333

77.0

71.5

93.2

97.6

97.7

-7.2

30.5

4.8

29

1,610

1,664

1,748

1,837

1,954

2,100

2,287

2,448

2,642

52.2

57.3

68.8

72.7

77.4

9.7

20.2

12.5

30

1,841
1,593
1,574

1,898
1,634
1,668

2,018
1,698
1,751

2,095
1,781
1,837

2,267
1,895
1,891

2,418
2.026
2,059

2,610
2,166
2,243

2,801
2,323
2,417

3,049
2,491
2,597

61.6
65.2
55.9

77.4
67.9
53.5

79.0
78.3
69.2

83.1
71.9
71.1

89.4
73.0
76.1

25.7
4.1
-4.2

2.1
15.3
29.3

13.1
-6.8
9.9

31
32
33

1,543
1,561
1,377

1,620
1,626
1,429

1,696
1,727
1,531

1,776
1,804
1,581

1,877
1,919
1,692

2,043
2,050
1,846

2,235
2,272
2,046

2,367
2,425
2,181

2,553
2,606
2,339

53.2
47.2
38.2

56.4
54.6
50.8

66.0
68.0
62.3

69.7
70.5
62.2

74.8
76.4
68.6

6.1
15.5
33.3

17.0
24.7
22.5

13.3
12.3
10.0

34
35
36

1,639
1,950
1,488

1,678
1,970
1,508

1,775
2,051
1,577

1,879
2,145
1,673

2,009
2,296
1,778

2,168
2,446
1,921

2,364
2,638
2,054

2,552
2,834
2,167

2,743
3,081
2,329

49.5
74.5
45.7

56.8
85.6
47.0

67.7
82.5
60.6

74.0
88.0
67.2

80.4
90.3
68.3

14.7
15.0
2.8

19.3
-3.6
29.0

18.8
9.4
12.7

37
38
39

1,205
1,655
1,372

1,268
1,687
1,486

1,309
1,748
1,545

1,436
1,843
1,627

1,486
1,943
1,746

1,612
2,081
1,837

1,761
2,276
2,024

1,900
2,456
2,095

2,057
2,615
2,304

40.7
58.7
43.4

36.5
60.8
42.9

55.2
72.2
61.2

54.4
74.7
61.9

60.3
76.6
67.5

-10.4
3.6
-1.1

51.4
18.7
42.6

9.1
6.2
10.4

40
41
42

1,922

1,978

2,024

2,095

2,200

2,343

2,536

2,707

2,969

67.2

70.1

83.0

86.8

87.0

4.3

18.4

4.8

43

1,861
1,925

1,910
1,984

1,925
2,027

1,992
2,105

2,121
2,216

2,299
2,357

2,461
2,567

2,621
2,747

2,860
3,016

64.4
68.1

61.8
72.6

80.0
83.8

84.0
86.9

83.8
88.4

-4.0
6.7

29.4
15.4

4.8
5.4

44
45

1,890
2,032

1,953
2,070

2,015
2,171

2,052
2,219

2,100
2,281

2,238
2,385

2,353
2,558

2,479
2,715

2,695
2,983

54.0
84.1

63.0
84.8

75.8
89.1

85.3
91.7

79.0
87.4

16.6
.8

20.3
5.1

4.2
-1.9

46
47

2,108

2,154

2,284

2,324

2,386

2,548

2,693

2,849

3,074

85.0

88.9

99.2

95.2

90.1

4.6

11.7

-9.2

48

2,037
1,850
2,261

1,973
1,913
2,303

2,271
2,033
2,386

2,266
2,048
2,419

2,266
2,128
2,435

2,452
2,406
2,570

2,658
2,404
2,771

2,773
2,567
2,964

2,917
2,728
3,139

85.2
71.2
96.9

95.6
76.0
102.4

113.0
92.0
111.5

92.0
83.5
102.1

85.5
80.0
92.0

12.2
6.8
5.7

18.2
21.0
9.0

-24.3
-13.1
-17.5

49
50
51

2,275
1,968

2,343
2,039

2,425
2,163

2,483
2,215

2,570
2,270

2,719
2,374

2,901
2,488

3,077
2,609

3,371
2,810

91.3
79.1

91.9
81.4

100.2
86.8

102.7
88.8

98.8
82.4

.6
2.9

9.1
6.6

-1.4
-5.1

52
53

2,622

2,694

2,811

2,910

3,047

3,184

3,415

3,607

3,913

129.2

131.8

119.9

118.4

114.7

2.0

-9.0

-4.4

54

2,348
2,235

2,455
2,275

2,593
2,373

2,622
2,472

2,722
2,609

2,908
2,771

3,234
2,943

3,389
3,090

3,676
3,325

106.2
97.7

110.6
104.4

111.9
113.4

106.0
100.9

107.7
97.5

4.1
6.8

1.1
8.6

-3.7
-14.0

55
56

2,856
2,710

2,928
2,777

3,241
2,887

3,244
2,997

3,246
3,142

3,312
3,269

3,467
3,493

3,649
3,697

3,992
4,012

127.1
141.1

150.3
141.0

126.9
122.5

128.9
122.3

117.0
117.6

18.3
-.1

-15.6
-13.1

-7.8
-4.0

57
58

2,847
2,369

2,704
2,488

2,742
2,530

2,807
2,639

3,088
2,771

3,214
2,827

3,452
3,091

3,752
3,242

4,124
3,514

128.5
107.0

120.9
103.0




-1.8

59
60

SUKVEY OF CUEEENT BUSINESS

28

April 1969

Table 6.—Per Capita Disposable Personal Income, 1929, 1940, 1948-68—Percent of United States,
Dollars
State and region

Line

1929

1940

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1 United States

-- -

683

572

1,286

1,260

1,360

1,464

1,515

1,581

1,583

1,661

1,739

1,797

1,825

1,900

2

-

840

720

1,333

1,318

1,445

1,564

1,609

1,666

1,681

1,780

1,880

1,957

1,981

2,042

582
669
611

501
551
489

1,142
1,172
1,040

1,094
1,163
993

1,106
1,216
1,033

1,185
1,345
1,152

1, 264
1,390
1,184

1,275
1,420
1,236

1,292
1,486
1,270

1,423
1,586
1,316

1,475
1,631
1,404

1,511
1,706
1,463

1,576
1,743
1,466

1,612
1,851
1,539

879
843
967

751
713
851

1,337
1, 316
1,509

1,327
1,313
1,500

1,473
1,448
1,672

1,572
1,551
1,856

1,600
1,568
1,929

1,649
1,645
2,012

1,670
1,662
1,990

1, 765
1,723
2,101

2,246

1,872
1,752

1,956
1,759

2,349

1,999
1,797
2,301

2,061
1,901

937

757

1,462

1,456

1,578

1,669

1,708

1,785

1,798

1,881

1,981

2,062

2,077

2,160

2, 0621
2,158
1,777

2,142

2,238

2,170
2,216
1,879

2,275
2,323

1,867
2,137
1,907

2,146
1,920

2,218
1,960

New England

3
4
5

Maine
New Hampshire- _ Vermont

6
7
8

Massachusetts
Rhode Island
Connecticut

9

.- -

Mideast

2,335

10
11
12

New York
New Jersey
Pennsylvania

1,105
899
756

829
790
626

1,580
1,520
1,284

1,560
1,517
1,277

1,669
1,671
1,403

1,743
1,800
1,500

1,764
1,868
1,542

1,829
1,968
1,632

1,877
1,981
1,602

1,975

13
14
15

Delaware
Maryland
District of Columbia

959
761
1,267

882
685
1,172

1,391
1,299
1,766

1,512
1,299
1,893

1,703
1,428
1,999

1,772
1,523

2,094

1,832
1,602
2,100

1,872
1,687

2,056

1,824
1,657
2,132

1,946
1,745
2,180

2,338

2,437

2,498

781

645

1,438

1,378

1,511

1,642

1,685

1,790

1,753

1,851

1,926

1,968

1,946

2,044
2,005

16

Great Lakes

2,048
1,670

2,200

1,842

2,352

1,931

17
18
19

Michigan
Ohio
Indiana

767
760
603

656
641
537

1,396
1,402
1,325

1,383
1,342
1,248

1,537
1,476
1,390

1,646
1,631
1,518

1,703
1,676
1, 566

1,860
1,758
1,711

1,782
1,745
1,610

1,922
1,833
1,693

1,934
1,905
1,772

1,946
1,953
1,797

1,904
1,900
1,788

20
21

Illinois
Wisconsin

928
664

733
531

1,614
1,278

1,522
1,240

1,647
1,340

1,762
1,501

1,796
1,530

1,895
1,556

1,893
1,526

1,985
1,596

2,105
1,685

2,169
1,736

2,165
1,772

564

468

1,320

1,190

1,313

1,390

1,441

1,453

1,506

1,506

1,561

1,659

1,754

1,768

22

Plains

1,985

1,886

2,265
1,881

23
24
25

M! innesot a
Iowa _
Missouri

585
575
616

513
488
507

1,297
1,470
1,267

1,198
1,207
1,224

1,286
1,373
1,309

1,382
1,430
1,386

1,392
1,489
1,451

1,463
1,424
1,513

1,486
1,563
1,529

1,531
1,452
1,603

1,568
1,525
1,671

1,647
1,681
1,701

1,760
1,709
1,794

1,776
1,738
1,861

26
27
28

North Dakota
South Dakota
Nebraska

356
408
591

331
350
425

1,289
1,402
1,382

1,047
1,020
1,199

1,184
1,171
1,378

1,199
1,337
1,415

1,105
1,163
1,501

1,131
1,262
1,436

1,157
1,290
1,522

1,271
1,191
1,440

1,309
1,248
1,462

1,342
1,478
1,706

1,544
1,512
1,762

1,387
1,339
1,768

29
30

Kansas
Southeast

-

_
_ _

531

413

1,205

1,180

1,326

1,419

1,587

1,528

1,583

1,556

1,613

1,684

1,852

1,854

360

329

911

886

950

1,043

1,094

1,146

1,142

1,220

1,281

1,315

1,358

1,421

425
453
386

445
392
310

1,035
1,031
917

1,019
965
871

1,130
993
909

1,255
1,093
1,044

1,307
1,125
1,104

1,322
1,155
1,160

1,343
1,115
1,147

1,404
1,198
1,197

1,444
1,337
1,270

1,455
1,431
1,297

1,493
1,398
1,338

1,562
1,419
1,389

31
32
33

Virginia
West Virginia _•'
Kentucky

34
35
36

Tennessee..
North Carolina
South Carolina

367
325
264

326
313
295

879
902
831

866
878
792

924
969
829

987
1,046
985

1,030
1,073
1,050

1,111
1,114
1,099

1,117
1,136
1,028

1,170
1,202
1,082

1,238
1,257
1,101

1,283
1,237
1,125

1,308
1,308
1,150

1,382
1,359
1,206

37
38
39

Georgia
Florida
Alabama

343
506
316

326
483
272

893
1,072
808

878
1,093
762

965
1,172
822

1,068
1,213
921

1,118
1,278
977

1,172
1,356
1,023

1,146
1,360
1,008

1,251
1,447
1,127

1,310
1,523
1,184

1,319
1,560
1,238

1,365
1,629
1,267

1,446
1,718
1,321

40
41
42

Mississippi.
Louisiana
Arkansas

282
405
299

211
348
247

749
944
824

654
1,007
756

716
1,040
778

778
1,099
863

826
1,150
921

862
1,216
955

847
1,223
959

955
1,265
1,057

949
1,349
1,093

962
1,451
1,102

1,042
1,459
1,167

1,104
1,486
1,257

464

405

1,070

1,152

1,180

1,278

1,339

1,384

1,402

1,459

1,527

1,580

1,636

1,688

44
45

Oklahoma
Texas

445
471

356
419

1,043
1,075

1,086
1,179

1,048
1,222

1,154
1,307

1,239
1,364

1,309
1,406

1,296
1,435

1,357
1,490

1,412
1,560

1,455
1,615

1,576
1,647

1,606
1,700

46
47

New Mexico
Arizona

372
576

362
487

990
1,163

1,025
1,180

1,080
1,220

1,173
1,417

1,205
1,473

1,234
1,486

1,269
1,462

1,345
1,507

1,425
1,576

1,510
1,602

1,640
1,663

1,712
1,729

48

Rocky Mountain

585

511

1,292

1,245

1,336

1,488

1,527

1,504

1,480

1,556

1,607

1,701

1,775

1,822

49
50
51

Montana
Idaho
Wyoming

587
489
668

553
439
589

1, 473
1,217
1,443

1,267
1,157
1,472

1,495
1,205
1,531

1,584
1,306
1,708

1,596
1,419
1,645

1,586
1,367
1,668

1,545
1,360
1,619

1,667
1,399
1,653

1,699
1,485
1,700

1,729
1,550
1,807

1,857
1,608
1,900

1,776
1,669
1,971

52
53

Colorado
Utah.

628
546

525
469

1,291
1,146

1,269
1,158

1,343
1,219

1,546
1,358

1,595

1,540
1,414

1,507
1,414

1,598
1,467

1,639
1,527

1,777
1,604

1,852
1,638

1,925
1,715

43

Southwest

__

1,383.

886

756

1,521

1,525

1,625

1,744

1,822

1,873

1,865

1,966

2,050

2,100

2,130

2,245

55
56

Washington
Oregon

731
668

639
600

1,440
1,437

1,432
1,419

1,530
1,458

1,610
1,566

1,677
1,626

1,758
1,633

1,778
1,602

1,816
1,699

1,855
1,744

1,921
1,746

1,945
1,803

2,052

57
58

Nevada
California

871
968

857
807

1,587
1,550

1,636
1,559

1,786
1,668

1,959
1,794

2,045

2,112
1,924

2,095

2,230
2,025

2,166
2,124

2,228

2,298
2,200

2,422

59
60

Alaska
Hawaii

54

Far West

p

Preliminary.
NOTE.—Total includes Alaska and Hawaii for 1960-68.




1,876

1,912

2,174

1,897
2,316

1. Relative positions equals per capita disposable income as a percent of U.S. per capita
disposable income.
Source: U.S. Department of Commerce, Office of Business Economics.

April 1968

SURVEY OF CURRENT BUSINESS

29

Selected Years—Percent Change in Relative Position, Selected Years, by States and Regions
Dollars— Continued

Percent of U.S.

Percent change in relative
position i
Line

1960

1961

1962

1963

1964

1965

1966

1967

1968 i

1929

1940

1948

1960

1968

1929-40

1940-48

1948-68

1,934

1,979

2,061

2,133

2,277

2,428

2,596

2,744

2,930

100.0

100.0

100.0

100.0

100.0

2,094

2,169

2,270

2,338

2,499

2,641

2,723

3,021

3,201

123.0

125.9

103.7

108.3

109.2

2.3

1,647
1,880
1,625

1,632
1,940
1,655

1,690
2,025
1,747

1,746
2,058
1,752

1,915
2,180
1,883

2,074
2,290
2,104

2,230
2,496
2,316

2,357
2,652
2,432

2,538
2,833
2,594

85.2
98.0
89.5

87.6
96.3
85.5

88.8
91.1
80.9

85.2
97,2
84.0

86.6
96.7
88.5

2.8
-1.7
-4.4

2,110
1,932
2,410

2,211
1,987
2,483

2,303
2,125
2,609

2,384
2,184
2,666

2,551
2,338
2,824

2,679
2,468
2,980

2,841
2,680
3,185

3,050
2,890
3,402

3,237
3,044
3,576

128.7
123.4
141.6

131.3
124.7
148.8

104.0
102.3
117.3

109.1
99.9
124.6

110.5
103.9
122.0

2.0
1.0
5.1

2,207

2,246

2,337

2,401

2,564

2,711

2,883

3,061

3,250

137.2

132.3

113.7

114.1

110.9

-3.5

-14.1

-2.4

9

2,331
2,372
1,962

2,361
2,419
1,983

2,451
2,521
2,073

2,516
2,583
2,125

2,685
2,724
2,294

2,850
2,862
2,416

3,020
3,037
2,605

3,219
3,216
2,767

3,433
3,379
2,934

161.8
131.6
110.7

144.9
138.1
109.4

122.9
118.2
99.8

120.5
122.6
101.4

117.2
115.3
100.1

-10.4
4.9
-1.1

-15.2
-14.4
-8.8

-4.6
—2 4
!3

10
11
12

2,238
2,012
2,572

2,228
2,134
2,644

2,254
2,193
2,789

2,317
2,273
2,902

2,326
2,445
3,097

2,475
2,607
3,226

2,607
2,745
3,336

2,769
2,860
3,547

2,871
3,043
3,834

140.4
111.4
185.5

154.2
119.8
204.9

108.2
101.0
137.3

115.7
104.0
133.0

98.0
103. 9
130.9

9.8
7.5
10.5

-29.9
-15.7
-33.0

-9.4
2.8
-4.7

13
14
15

2,080

2,109

2,195

2,279

2,447

2,642

2,820

2,942

3,127

114.3

112.8

111.8

107.5

106.7

-4.6

16

2,033
2,040
1,929

2,023
2,044
1,969

2,121
2,121
2,076

2,247
2,186
2,163

2,449
2,344
2,298

2,674
2,513
2,520

2,847
2,684
2,658

2,934
2,789
2,774

3,108
3,000
2,948

112.3
111.3
88.3

114.7
112.1
93.9

108.6
109.0
103.0

105.1
105.5
99.7

106.1
102.4
100.6

2.1
.7
6.3

-5.3
-2.7
9.7

-2.3
-6.1
-2.3

17
18
19

2,305
1,876

2,370
1,940

2,452
2,009

2,537
2,048

2,700
2,217

2,903
2,368

3,101
2,566

3,268
2,694

3,437
2,891

135.9
97.2

128.1
92.8

125.5
99.4

119.2
97.0

117.3
98.7

-5.7
-4.5

-2.1
7.1

-6.5
-.7

20
21

1

-1.4

5.4

2

1.4
-5.4
-5.4

-2.5
6.1
9.5

3
4
5

-20.8
-17.9
-21.1

6.3
1.5
4.0

6
7
8

-17.7

Q

1,823

1,863

1,966

2,025

2,132

2,344

2,511

2,643

2,835

82.6

81.8

102.6

94.3

96.8

-.9

25.5

-5.7

22

1,847
1,754
1,855

1,917
1,847
1,897

1,954
1,931
1,978

2,062
2,045
2,047

2,146
2,153
2,176

2,343
2,449
2,326

2,518
2,664
2,445

2,668
2,734
2,606

2,844
2,991
2,768

85.7
84.2
90.2

89.7
85.3
88.6

100.9
114.3
98.5

95.5
90.7
95.9

97.1
102.1
94.5

4.7
1.3
-1.7

12.5
34.0
11.2

-3.8
-10.7
-4.1

23
24
25

1,552
1,628
1,877

1,349
1,605
1,861

1,962
1,826
1,997

1,805
1,727
2,009

1,787
1,726
2,121

2,096
2,040
2,375

2,177
2,252
2,631

2,258
2,385
2,731

2,514
2,647
2,808

52.1
59.7
86.5

57.9
61.2
74.3

100.2
109.0
107.5

80.2
84.2
97.1

85.8
90.3
95.8

11.0
2.4
-14.1

73.2
78.2
44.6

-14.4
-17.1
-10.8

26
27
28

1,915

1,960

2,028

2,069

2,230

2,400

2,540

2,696

2,929

77.7

72.2

93.7

99.0

100.0

-7.1

29.8

6.7

29

1,436

1,487

1,550

1,626

1,746

1,869

2,019

2,157

2,307

52.7

57.5

70.8

74.3

78.7

9.1

23.2

11.1

30

,608
,413
,402

1,664
1,449
1,495

1,759
1,501
1,557

1,808
1,566
1,634

1,994
1,682
1,690

2,115
1,798
1,837

2,263
1,906
1,974

2,424
2,037
2,121

2,607
2,165
2,254

62.2
66.3
56.5

77.8
68.5
54.2

80.5
80.2
71.3

83.1
73.1
72.5

89.0
73.9
76.9

25.0
3.3
-4.1

3.5
17.0
31.6

10.6
-7.8
7.9

31
32
33

,381
,395
1,242

1,453
1,456
1,287

1,493
1,533
1,369

1,581
1,597
1,414

1,689
1,719
1,527

1,831
1,818
1,658

1,982
2,002
1,821

2,097
2,137
1,936

2,241
2,273
2,056

53.7
47.6
38.7

57.0
54.7
51.6

68.4
70.1
64.6

71.4
72.1
64.2

76.5
77.6
70.2

6.1
15.0
33.4

19.9
28.2
25.3

11.9
10.6
8.6

34
35
36

1,460
1,727
1,335

1,495
1,742
1,356

1,569
1,810
1,406

1,659
1,888
1,494

1,786
2,031
1,592

1,920
2,160
1,716

2,077
2,324
1,816

2,237
2,493
1,912

2,380
2,691
2,039

50.2
74.1
46.3

57.0
84.4
47.6

69.4
83.4
62.8

75.5
89.3
69.0

81.2
91.8
69.6

13.5
14.0
2.8

21.8
-1.3
32.1

17.0
10.2
10.8

37
38
39

1,097
1,485
1,248

1,161
1,516
1,355

1,187
1,567
1,393

1,302
1,645
1,468

1,353
1,757
1,596

1,464
1,881
1,671

1,586
2,031
1,822

1,707
2,189
1,887

1,833
2,311
2,064

41.3
59.3
43.8

36.9
60.8
43.2

58.2
73.4
64.1

56.7
76.8
64.5

62.6
78.9
70.4

-10.7
2.6
-1.4

57.9
20.7
48.4

7.4
7.4
9.9

40
41
42

1,702

1,748

1,782

1,845

1,963

2,086

2,242

2,388

2,597

67.9

70.8

83.2

88.0

88.6

4.2

17.5

6.5

43
44
45

1,653
1,702

1,690
1,751

1,698
1,783

1,758
1,852

1,889
1,978

2,050
2,097

2,178
2,266

2,314
2,420

2,507
2,634

65.2
69.0

62.2
73.3

81.1
83.6

85.5
88.0

85.6
89.9

-4.5
6.2

30.3
14.1

5.5
7.5

1,690
1,790

1,746
1,830

1,796
1,913

1,827
1,956

1,888
2,029

1,994
2,124

2,092
2,272

2,204
2,406

2,379
2,623

54.5
84.3

63.3
85.1

77.0
90.4

87.4
92.6

81.2
89.5

16.2
1.0

21.6
6.2

5.5
-1.0

46
47

1,845

1,886

2,007

2,033

2,121

2,260

2,368

2,496

2,666

85.7

89.3

100.5

95.4

91.0

4.3

12.5

-9.4

48
49
50
51
52
53

1,812
1,633
1,982

1,741
1,703
2,030

2,032
1,812
2,092

2,013
1,812
2,091

2,030
1,900
2,162

2,181
2,151
2,274

2,352
2,134
2,425

2,449
2, 268
2,595

2,543
2,375
2,710

85.9
71.6
97.8

96.7
76.7
103.0

114.5
94.6
112.2

93.7
84.4
102.5

86.8
81.1
92.5

12.5
7.2
5.3

18.5
23.3
9.0

-24.2
-14.3
-17.6

1,963
1,745

2,025
1,807

2,100
1,918

2,148
1,960

2,269
2,030

2,394
2,122

2,531
2,206

2,672
2,308

2,904
2,465

91.9
79.9

91.8
82.0

100.4
89.1

101.5
90.2

99.1
84.1

2
2'. 6

9.4
8.7

-1.3
-5.6

2,276

2,341

2,435

2,517

2,678

2,799

2,984

3,138

3,361

129.7

132.2

118.3

117.7

114.7

1.9

-10.5

-3.0

54

2,067
1,925

2,157
1,977

2,276
2,049

2,294
2,118

2,430
2,247

2,583
2,407

2,844
2,541

2,973
2,669

3,193
2,847

107.0
97.8

111.7
104.9

112.0
111.7

106.9
99.5

109.0
97.2

4.4
7.3

.2
6.5

-2.7
-13.0

55
56

2,468
2,349

2,495
2,409

2,790
2,496

2,777
2,590

2,832
2,760

2,887
2,873

2,998
3,053

3,158
3,215

3,417
3,442

127.5
141.7

149.8
141.1

123.4
120.5

127.6
121.5

116.6
117.5

17.5
-.5

-17.6
-14.6

-5.5
-2.5

57
58

2,444
1,982

2,358
2,103

2,357
2,162

2,389
2,258

2,693
2,400

2,751
2,449

2,965
2,631

3,212
2,747

3,506
2,948




119 7
126 4
... 102.5 ._. 100.6

59
60

SURVEY OF CURRENT BUSINESS

30

April i960

Table 7.—Total Personal Taxes ' and Federal Personal
[Millions of dollars]
A. — Total personal tax and nontax payments
Line

State and region

1929

225

New England

3
4
5

Maine
New Hampshire
Vermont

6
7
8

Massachusetts
Rhode Island
Connecticut

9

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1965

1966

1967

1968

_ _ ._ 2,641 2,598 20,962 18,466 20,569 28,773 33,840 35,299 32,442 35,280 39,565 42,302 42,072 45,951 50,674 52,142 57,092 60,625 59,122 65,368 74,945 82,082 96,441

1 United States
2

1948

1940

_ _ _
-

_.

Mideast

10
11
12

New York
New Jersey
Pennsylvania

13
14
15

Delaware
Maryland _ __ _
District of Columbia

229 1,486 1,260 1,450 1,994 2,395 2,459 2,195 2,463 2,701 2,845 2,835 3,095 3,489 3,531 3,813 4,037 3,893 4,287 4,949 5,382 6,240

12
7
5

12
10
6

82
58
34

72
51
30

138
19
43

124
19
58

763
139
411

680
100
327

73
57
33

103
80
46

135
89
52

133
107
52

115
92
47

120
100
55

150
112
69

158
126
69

157
124
70

160
139
77

192
161
84

196
163
87

211
174
92

211
187
104

215
171
106

229
194
110

249
235
140

270
262
156

311
306
180

753 1,027 1,234 1,254 1,091 1,272 1,341 1,432 1,441 1,594 1,803 1,776 1,936 2,025 1,946 2,107 2,422 2,621 3,053
202
204
209
261
190
197
217
239
253
284
124
167
189
167
285
313
355
451
391
827
856
834
570
696
724
719
908 1,009 1,056 1,139 1,226 1,169 1,334 1,548 1,681 1,939
410
683

1,103

998 6,108 5,463 5,998 8,225 9,548 9,943 9,153 9,885 11,066 11,739 11,672 12,770 13,821 14,365 15,490 16,341 16,072 17,667 19,797 21,904 25,593

723
121
199

571 3,150 2,814 3,033 4,049 4,604 4,807 4,593 4,925 5,400 5,751 5,785 6,429 6,996 7,459 7,870 8,180 8,117 8,815 9,813 10, 901 12,663
808
713
793 1,139 1,361 1,461 1,338 1,418 1,601 1,712 1,768 1,870 2,052 2,171 2,355 2,501 2,351 2,680 2,924 3,237 3,744
108
218 1,505 1,289 1,447 2,063 2,421 2,539 2,185 2,397 2,795 2,960 2,781 2,978 3,171 3,120 3,381 3,609 3,503 3,856 4,418 4,774 5,582

18
30
12

38
44
18

103
381
161

108
367
172

138
408
179

144
600
229

157
716
288

178
709
249

186
620
230

223
684
238

226
799
244

215
836
266

201
848
288

244
334
218
234
293
401
448
543
447
454
948 1,028 1,044 1,232 1,347 1,340 1,494 1,778 2,068 2,508
341
326
327
359
371
359
375
552
470
417

16

Great Lakes _

598

508 4,914 4,210 4,707 6,845 7,930 8,727 7,588 8,258 9,384 9,819 9,142 9,972 11,017 10,860 12,042 12,709 12,418 13,999 16,148 17,524 20,796

17
18
19

Michigan
Ohio
Indiana

130
141
39

868 1,050 1,481 1,724 2,053 1,760 1,899 2,089 2,143 1,876 2,067 2,277 2,178 2,513 2,729 2,715 3,117 3,586 3,899 4,940
108 1,016
131 1,230 1,050 1,149 1,747 2,070 2,316 1,915 2,236 2,450 2,581 2,379 2,619 2,870 2,801 3,041 3,241 3,089 3,525 4,027 4,353 5,155
977 1,047
964 1,074 1,208 1,194 1,338 1,477 1,474 1,647 1,913 2,078 2,394
876
450
721
830
917
789
44
486
483

20
21

Illinois
Wisconsin

230
59

160 1,718 1,414 1,553 2,220 2,519 2,631 2,416 2,437 2,960 3,082 2,976 3,159 3,474 3,543 3,836 3,920 3,792 4,214 4,880 5,274 6,126
908
967
946 1,052 1,188 1,143 1,313 1,342 1,348 1,497 1,741 1,920 2,181
676
786
811
708
810
464
429
472
65

182

178 1,685

22

- --

Plains

23
24
25

Minnesota
Iowa
Missouri

26
27
28

North Dakota
South Dakota
Nebraska

29
30

-_-

- --

-

- -

-

45
34
54

45
36
54

386
305
469

330
279
444

374
294
484

500
384
679

605
427
811

616
455
865

576
421
757

628
416
825

697
457
886

744
511
928

765
921
954 1,050 1,087 1,049 1,192 1,362 1,492 1,732
819
575
575
640
647
677
713
700
793
983
979 1,110
957 1,021 1,124 1,168 1,273 1,373 1,295 1,494 1,662 1,820 2,090

6
7
14

6
6
14

65
58
161

50
45
137

49
47
149

70
66
205

68
71
219

69
74
232

60
71
213

66
67
212

79
78
231

84
83
236

95
102
278

92
87
290

103
105
331

99
115
365

123
123
365

127
128
392

127
111
365

138
122
386

153
144
452

162
152
481

185
176
593

18

242

205

224

310

386

387

365

369

387

421

474

477

538

558

603

641

583

625

783

812

926

22

Kansas

207

Southeast

31
32
33

Virginia.
West Virginia
Kentucky

34
35
36

Tennessee
North Carolina
South Carolina

37
38
39

Georgia
Florida
Alabama

40
41
42

Mississippi
Louisiana
Arkansas

43

- -

.

Southwest

---

1,490 1,621 2,214 2,587 2,697 2,463 2,583 2,815 3,007 3,246 3,362 3,762 3,906 4,214 4,462 4,230 4,749 5,540 5,899 6,813

294 2,378 2,170 2,433 3,400 4,112 4,203 4,000 4,388 5,094 5,609 5,583 6,258 6,796 7,038 7,996 8,636 8,661 9,756 11,462 12,551 14,637

22
12
20

35
19
21

306
168
204

292
132
177

324
143
212

454
197
292

570
260
365

589
245
384

564
223
363

602
240
383

710
285
426

758
329
494

750
278
468

822
306
491

930
335
523

957 1,082 1,233 1,193 1,345 1,555 1,711 2,027
358
391
339
414
387
586
473
517
603
633
634
531
706
855
947 1,105

19
25
8

25
37
12

211
271
120

200
240
117

231
277
134

316
383
186

357
444
241

391
449
218

353
426
198

378
473
219

443
516
244

465
575
251

485
562
251

526
675
301

583
759
324

603
794
344

17
26
17

29
45
19

242
280
172

230
261
159

238
305
176

349
432
261

439
519
289

411
562
309

406
560
276

451
646
325

501
810
368

563
909
411

712
585
628
962 1,092 1,279 1,415 1,657
737
846
927
916 1,047 1,117 1,187 1,301 1,421 1,497 1,658 1,854 2,056 2,398
432
572
461
503
606
503
636
714
902 1,030
841

9
18
12

10
27
14

84
228
92

77
204
80

85
216
90

114
294
121

130
368
131

129
374
142

128
356
148

135
388
146

161
456
172

164
508
182

177
485
194

84

104 1,286

212
578
211

236
552
222

237
566
239

747
916
397

277
611
286

729
991
417

309
675
303

716
816
980 1,063 1,240
971 1,150 1,346 1,457 1,706
481
417
584
645
753

305
651
291

345
712
323

409
890
397

452
525
977 1,132
477
409

1,151 1,342 1,808 2,112 2,082 2,065 2,162 2,411 2,703 2,711 2,921 3,135 3,350 3,616 3,791 3,661 4,015 4,656 5,102

6,002

44
45
46
47

Oklahoma
Texas
New Mexico
Arizona

21
53
4
7

23
68
6
8

211
942
57
76

175
853
60
64

422
572
381
454
486
523
425
553
345
337
573
613
891
211
285
337
330
701
773
981 1,310 1,497 1,473 1,476 1,532 1,693 1,889 1,885 2,003 2,139 2,292 2,472 2,598 2,484 2,740 3,230 3,549 4,193
135
166
191
198
214
223
163
188
214
318
114
125
248
264
95
119
109
276
67
202
226
237
32C
337
398
168
277
377
391
414
600
117
150
150
460
505
83
159

48

Rocky Mountain

39

46

414

390

422

603

714

714

679

724

863

896

937 1,022 1,143 1,199

49
50
51

Montana
Idaho
Wyoming

7
6
3

7
6
4

78
54
41

67
52
37

75
53
40

105
81
59

115
99
65

119
85
65

114
86
58

118
87
62

126
114
74

143
110
78

134
124
77

157
133
85

153
146
93

161
144
92

167
154
98

177
163
110

166
156
92

190
177
98

215
189
111

227
210
118

259
248
135

52
53

C olor ado
Utah

17
6

22
7

180
62

176
57

191
63

264
94

320
115

325
121

316
105

333
124

403
145

408
157

439
162

463
184

552
201

584
218

612
234

641
248

584
235

633
250

728
284

814
308

954
357

54

Far West

55
56

Washington
Oregon

57
58

Nevada
California

59
60

Alaska
Hawaii

203
28
20
153

1,232 1,349 1,527 1,676 1,953

241 2,689 2,331 2,595 3,685 4,442 4,473 4,299 4,818 5,231 5,683 5,948 6,552 7,178 7,565 8,320 8,949 8,597 9,153 10,408 11,529 13,802
28
19

360
260

314
221

342
248

512
347

592
393

599
375

560
356

576
378

634
462

679
427

744
480

752
514

802
548

858
531

935
589

972
655

868
684

968 1,198 1,333 1,583
961
706
792
834

84
258
94
95
113
135
183
75
96
156
173
185
214
204
29
49
68
73
38
70
4
35
190 2,034 1,766 1,968 2,777 3,387 3,430 3,310 3,788 4,051 4,483 4,629 5,189 5,715 6,040 6,640 7,139 6,872 7,295 8,214 9,147 11,000

i Includes nontax payments.
NOTE.—Detail may not add to total because of rounding. Total includes Alaska and Hawaii
for 1960-68.




1,264 1,339

92
241

81
248

94
244

105
257

101
256

124
270

Source: U.S. Department of Commerce, Office of Business Economics.

129
331

146
369

169
436

April 1969

31

SUEVEY OF CUEEENT BUSINESS

Taxes,1 1929, 1940, and 1948-68, by States and Regions
[Millions of dollars]
B .—Personal federal tax and nontax payments

Line
1929

1940

1,261

1,358 18,857 16,035 17,980 25,892 30,728 31,947 28,749 31,176 34,908 37,136 36,510 39,638 43,399 44,437

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1965

1966

1967

66,872 78,886

1968

1

48,351

51,213

48,369

53,532

61,361

2,482 2,703

3,051

3,072

3,305

3,507

3,285

3,648

4,205

4,610

5,365

2

138
108
50

139
122
56

168
142
60

169
143
63

183
153
65

181
165
74

182
147
73

194
167
75

211
206
96

228
229
107

266
270
125

3
4
5

1,214
192
780

1,342
197
847

1,522
217
941

1,492
227
978

1,617
234
1,052

1,700
254
1,132

1,567
250
1,065

1,719
274
1,218

1,954
316
1,422

2,153
348
1,545

2,508
404
1,791

6
7
8

8,768

9,830 10,385 10,189 11,027 11,797 12,241

13,083

13,809

13,172

14,536

16,214

4,236
1,332
2,175

4,645
1,505
2,553

4,925
1,607
2,688

6,592
2,296
3,172

6,271
2,125
3,022

6,821
2,435
3,343

106

135

1,343

1,101

1,276

1,789

2,173

2,227

1,945

2,188

2,395

2,524

5
2
1

6
4
2

72
51
28

62
43
24

63
48
26

91
70
36

123
79
40

120
95
41

102
80
36

106
87
42

134
98
52

141
111
50

64
9
25

68
13
42

676
129
386

583
89
299

646
113
380

898
155
538

1,094
176
661

1,111
176
684

935
153
640

1,096
182
675

1,145
187
778

1,229
188
804

676

607

5,591

4,820

5,318

7,476

8,720

9,051

8,183

2,607
735
1,319

3,575
1,076
1,920

4,083
1,292
2,255

4,257
1,388
2,354

4,003
1,259
1,982

17,702 20,734

9

476
57
106

343
65
125

2,844
757
1,399

2,405
655
1,177

12
17
9

34
26
14

97
342
152

98
324
161

123
364
170

132
551
221

149
663
279

163
650
239

165
555
219

200
601
225

202
700
225

190
736
238

171
734
257

185
813
292

256

268

4,531

3,784

4,254

6,339

7,384

8,125

6,917

7,531

8,562

8,904

8,166

8,908

9,851

9,627

10,619

11,131

10,562

11,961

13,793

14,845

17,552

16

54
60
12

54
70
19

926
1,145
440

770
956
398

945
1,050
427

1,362
1,637
660

1,600
1,949
765

1,916
2,180
845

1,611
1,757
711

1,744
2,062
793

1,916
2,254
885

1,947
2,362
944

1,670
2,136
852

1,852
2,348
948

2,051
2,587
1,066

1,936
2,505
1,033

2,240
2,719
1,162

2,407
2,880
1,230

2,352
2,691
1,134

2,708
3,086
1,289

3,113
3,514
1,496

3,324
3, 769
1,627

3,978
4,492
1,915

17
18
19

118
13

106
18

1,643
377

1,331
330

1,467
366

2,124
555

2,413
657

2,514
670

2,282
556

2,288
644

2,792
716

2,894
757

2,780
728

2,943
817

3,232
915

3,275
877

3,553
945

3,619
995

3,463
923

3,855
1,024

4,482
1,189

4,847
1,279

5,663
1,504

20
21

49

59

1,452

1,221

1,337

1,901

2,255

2,341

2,073

2,163

2,348

2,489

2,682

2,736

3,058

3,150

3,326

3,563

3,214

3,569

4,085

4,404

5,175

22

13
7
22

13
28

322
252
420

253
221
386

288
234
425

401
317
619

499
356
749

504
380
796

454
340
677

497
332
736

552
363
785

582
407
815

591
461
834

626
452
884

699
509
962

722
512
981

753
529
1,053

806
555
1,153

737
532
1,026

809
599
1,182

931
702
1,305

1,024
722
1,429

1,212
852
1,663

23
24
25

1
1
f

54
52
144

38
38
117

37
38
129

57
57
185

55
60
197

55
63
208

46
58
187

51
53
184

62
62
202

65
67
203

76
85
242

71
67
250

79
83
289

74
93
317

95
101
311

98
104
333

90
85
300

97
93
315

107
114
373

112
119
396

132
140
467

26
27
28

3

4,881
1,652
2,495

5,333
1,741
2,664

5,695
1,906
2,824

6,078
2,008
2,778

6,316
2,167
3,000

197
872
303

205
885
287

239
1,044
317

284
1,140
325

339
1,108
308

7,553
2,657
3,809

8,272
2,938
4,080

9,676
3,418
4,759

10
11
12

384
1,235
318

369
1,475
350

376
1,647
389

456
1,969
456

13
14
15

3

r

207

167

185

265

338

335

309

308

321

350

394

386

438

450

484

514

445

474

552

602

711

29

59

119

2,020

1,764

1,999

2,928

3,607

3,654

3,383

3,702

4,275

4,679

4,613

5,157

5,539

5,720

6,517

6,957

6,772

7,630

9,032

9,910

11,720

30

16
8

263
150
176

237
112
144

262
122
175

390
173
249

499
235
316

508
217
332

475
193
300

505
208
312

576
250
345

607
292
399

612
239
370

668
260
386

755
283
407

780
272
422

885
279
485

935
309
496

924
295
480

1,039
313
529

1,211
362
640

1,342
393
699

1,604
452
822

31
32
33

11
14

185
218
93

171
184
87

201
111
101

285
313
151

325
367
203

355
368
177

313
337
155

334
375
172

392
407
192

410
453
198

425
431
198

458
519
238

508
569
251

521
604
273

652
699
320

623
760
333

599
714
323

687
856
371

835
1,007
456

907
1,089
501

1,069
1,298
596

34
35
36

5
12

13
25
6

199
243
145

183
219
126

189
261
142

295
386
225

383
469
253

353
504
270

341
490
235

377
567
276

411
715
307

457
795
343

471
789
358

506
898
375

565
954
410

578
1,007
406

669
1,101
457

746
1,199
490

746
1,226
479

840
1,361
527

992
1,533
633

1,097
1,715
682

1,303
2,029
796

37
38
39

1
5
1

1]

66
207
76

57
182
61

65
194
70

91
270
100

106
343
108

103
348
118

100
324
121

105
352
118

126
412
141

124
458
144

135
432
152

161
519
167

177
486
173

171
499
187

202
539
228

230
595
241

216
544
226

245
617
245

297
770
294

330
847
308

391
991
368

40
41
42

26

46

1,167

1,014

1,192

1,641

1,937

1,891

1,854

1,927

2,146

2,403

2,378

2,544

2,724

2,886

3,095

3,264

3,054

3,346

3,920

4,303

5,132

43

9
32

185
865
49
67

146
764
50
54

177
885
57
72

246
1,207
107
104

297
1,390
107
144

302
1,355
101
133

282
1,345
94
132

284
1,387
107
149

320
1,531
115
179

357
1,707
140
199

349
1,682
140
208

374
1,770
158
242

399
1,889
159
111

426
2,007
165
289

435
2,164
174
322

467
2,271
182
343

453
2,114
163
323

478
2,338
191
339

541
2,803
204
373

598
3,086
213
406

702
3,691
250
488

44
45
46
47

15

347

314

341

510

617

613

567

598

719

734

755

817

906

951

994

1,053

920

991

1,117

1,226

1,450

48

]
1

65
44
36

54
41
31

60
41
34

88
67
52

97
85
57

101
71
56

95
72
49

95
71
53

101
93
64

116
86
66

105
99
63

125
103
70

116
110
76

123
108
74

124
111
79

135
122
89

118
106
70

137
122
74

153
137
84

160
152
89

184
178
104

49
50
51

5
1

<

151
51

143
45

156
50

224
78

278
99

280
104

265
87

276
103

339
121

336
129

356
132

371
150

442
163

467
179

489
190

507
200

446
181

474
184

544
199

610
216

727
257

52
53

79

109

2,408

2,017

2,263

3,309

4,036

4,044

3,828

4,299

4,633

5,018

5,245

5,746

6,206

6,532

7,155

7,655

7,130

7,562

8,665

9,504

11,313

54

c

1]

331
212

281
172

306
195

474
285

549
326

551
307

509
286

524
294

577
350

615
303

673
362

675
388

721
405

769
397

836
440

868
489

752
477

838
489

1,051
558

1,168
599

1,402
714

55
56

92

31
1,833

25
1,539

32
1,730

63
43
2,508 3,098

61
3,125

65
2,969

67
3,414

75
3,631

84
4,017

85
4,126

84
4,598

99
4,980

119
5,246

137
5,743

160
6,138

146
5,755

155
6,080

173
6,883

179
7,557

220
8,976

57
58

74
193

62
197

69
188

78
196

71
188

88
202

88
241

103
264

123
322

59
60

4
6
6

7
1

17
1

9
2

3
1
71




32
among the regions—reflected the combination of a massive outmigration
of Negroes, including many tenant
farmers, seeking both social and economic advancement and a large inmigration of better trained persons
attracted by the developing industrialization of the area. The Southeast's
upsurge in per capita income resulted
from the replacement of Negroes with
relatively low incomes by higher income Federal employees and industrial
workers taking advantage of the expanding nonfarm economic opportunities of the area. This exchange shifted
the industrial structure of the area
from a type featuring agriculture of
less-than-average productivity to one
more like that in the Nation, with
manufacturing the principal basic
industry and government a not too
distant second. Finally, the replacement
of farming in the economy by manufacturing plants and Federal installations absorbed much of the underemployment that had long characterized
the area, and that to an undesirable
extent still does.
In the Plains, the rapid mechanization of agriculture and the resulting
rise in productivity had opposing effects
on population and per capita income.
As average output per worker on the
farms of the region rose rapidly, the
number of farms declined, and there
was a reduced demand for labor, which
resulted in an outmigration of workers.
As a consequence, the Plains experienced the slowest population growth
of any of the regions. However, the
productivity and thus the earnings of
those remaining increased rapidly, and
per capita disposable income of the
Plains rose at the third fastest rate in
the Nation.

SUEVEY OF CUEEENT BUSINESS

relative changes in per capita disposable income from 1929 to 1968, shown
in the second panel of chart 12, are in
precisely the reverse order of the level
of per capita income in 1929 shown in
the top panel.
On a State basis, the situation is
even clearer. Of the 34 States that in
1929 had average disposable incomes
below the national average, 29 showed
above-average rates of growth in per
capita income over the next 40 years.4
In only four were increases in per capita
incomes less than in the Nation.
Three of these were in New England—
Maine, New Hampshire, and Vermont—
and in each the relative lag was 1
percentage point. In Wyoming, the
lag was 5 percentage points.
Conversely, of the 15 States with
above-average per capita disposable
incomes in 1929, all except one scored
below-average gains in per capita disposable income from 1929 to 1968. The
sole exception was the State of Washington, where the recent economic
growth, sparked mainly by aerospace
activities, pushed the relative position
of the State's per capita income in 1968
two percentage points above its 1929
level.
A summary measure of this convergence is obtained by computing the
coefficient of variation, which is defined
as the standard deviation divided by
the mean of the State per capita incomes. As the text table shows, the
coefficient of variation in per capita
income was more than cut in half (57
percent) from 1929 to 1968. From the
accompanying text table, it is evident
that most of the reduction in State
differences in per capita incomes occurred between 1940 and 1948, particularly during the early years of World
War II. In those years, military inChanges in per capita disposable
stallations were activated throughout
income
the two southern regions and the Far
Although relative changes in per West, all available excess industrial
capita disposable income since 1929 capacity and manpower was rapidly
have a distinct regional pattern, they absorbed in all regions, and the Southare mostly a matter of relative income east and Southwest made great strides
level in 1929. Chart 12 depicts clearly in industrialization.
the perfect correlation, in terms of
4
Alaska and Hawaii are omitted from the calculation
regional rank, between the level of because estimates of per capita income in 1929 are not availfor them. Oregon is omitted because its per capita inaverage income and subsequent changes able
come growth exactly paralleled that of the Nation. The
in that measure. That is, the size of the District of Columbia is treated as the 51st State.




April 1969

During the decade following the
close of the war, movements in regional per capita incomes suggest that
the regional convergence toward the
national mean was tapering off. Indeed,
from 1948 through the midfifties, there
was little net change in the inequality
of per capita incomes. With the resumption of rapid economic growth in
the early 1960's, per capita incomes by
States and regions appear to have
resumed—but at a slower pace—their
pronounced convergence toward the
national mean.
The corollary of this convergence
has been a decided relative reduction
in the inequality of per capita income
among regions and States as well. In
1929, per capita incomes ranged from
a low of $269 in South Carolina to a
high of $1,164 in New York—a difference of well over 300 percent. In 1968,
the extremes were $2,057 in Mississippi
and $4,231 in Connecticut—a difference
of just over 100 percent. Although the
dollar difference between States with
the highest and the lowest per capita
incomes has widened—from $895 in
1929 to $2,174 in 1968—it should be
noted that the base against which the
gap is measured has increased
substantially.
Coefficients of Variation for Per Capita
Income and Taxes, 1929, 1940, and 1948-68
[Percent]
Per capita income
Year

Per capita personal taxes
and nontax payments
Total
Federal,
State,
and local

Federal

State
and local

38.0

73.9

129.1

46.1

38.1

101.9

178.1

34.1

19.8
21.3

21.2
22.8

41.4
45.0

45.4
48.1

36.6
38.2

1950...
1951...
1952...
1953. ..
1954...

22.1
21.1
20.7
20.5
20.4

23.9
23.0
22.9
22.6
22.3

50.0
42.3
41.1
41.6
42.8

53.7
45.2
44.5
44.4
45.3

41.3
40.5
39.2
38.9
39.4

1955...
1956...
1957...
1958...
1959. ..

20.1
20.2
19.6
18.4
18.9

22.1
22.1
21.3
19.9
20.4

43.2
39.0
35.8
33.6
34.0

46.6
42.2
39.5
36.7
37.1

39.6
39.9
38.4
38.2
37.6

I960-..
1961. _ .
1962...
1963-..
1964...

18.7
18.7
18.4
18.0
18.0

20.3
20.3
19.9
19.6
19.4

33.6
33.6
34.0
34.2
38.0

36.7
36.9
36.8
37.5
42.3

38.9
36.1
40.8
37.1
38.6

1965-..
1966-..
1967-..
1968-.-

16.9
16.4
16.2
16.0

18.3
17.6
17.5
17.4

37.6
32.8
31.9
32.4

42.4
37.0
35.8
35.8

37.6
39.0
38.5
38.7

Disposable
income

Personal
income

1929-.-

37.4

1940...

37.2

1948-..
1949...

U. S. GOVERNMENT PRINTING OFFICE : 1969 O - 336-296

CURRENT BUSINESS STATISTICS

JLHE STATISTICS here update series published in the 1967 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.50) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1963 through 1966 (1956-66 for major quarterly series), annually, 1939-66; for selected series,
monthly or quarterly, 1947-66 (where available). Series added or significantly revised after the 1967 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (t), respectively; certain revisions for 1966 issued too late for inclusion in the 1967 volume appear in the monthly
SURVEY beginning with the September 1967 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding
to revised annual data are available upon request.
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.
1966

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967 | 1968

1966

I

Annual total

II

| III

IV

I

|

1969

1968

1967

II | III |

IV

I

II

| III |

IV

IP

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
Gross national product, total t

bil $

Personal consumption expenditures, total

do

747.6

789.7

465.5

492.2

860.6
533.8

728.4
457.8

740.4

461.1

753.3
469.3

768.2
473.7

772.2
480.9

780.2
490.3

795.3
495.5

811.0

502.2

831.2
519.4

852.9

871.0

887.4

903.4

527.9

541.1

546.8

558.4

85.1
38.2
34.5

86.9
38.0
35.4

Durable goods, total 9
Automobiles and parts
Furniture and household equipment

do
do
do

70.5
30.4
29.8

72.6
30.4
31.4

82.5
36.6
34.3

71.6
31.8
29.3

68.2
28.9
29.0

71.0
30.3
30.4

71.1
30.5
30.4

69.8
28.1
31.1

73.4
31.2
31.2

73.1
31.0
31.4

74.2
31.4
31.8

79.0
34.6
33.3

81.0
35.4
33.9

85.1
38.1
35.4

Nondurable goods, total 9 __
Clothing and shoes
Food and beverages
Gasoline and oil—
. __

do
do
do
do

206.7
39.8
106.4
16.6

215.8
42.1
109.4
18.1

230.3
45.8
116.6
19.8

202.8
39.2
105.1
16.0

206.3
39.4
106.8
16.4

208.3
40.5
107.0
16.7

209.3
40.3
106.9
17.1

212.9
40.9
108.7
17.7

215.3
42.4
108.9
17.8

216.4
42.8
109.1
18.3

218.4
42.3
110.8
18.6

226.5
44.6
113.6
19.7

228.2
44.8
116.4
19.4

232.7
47.2
117.7
20.0

233.7
46.7
118.6
20.0

239.1
47.5
121.4
20.8

do
_ _ _ do
do
do

188.3
27.1
67.3
13.6

203.8
29.0
70.9
15.0

221.0
31.2
76.2
16.6

183.4
26.2
66.0
13.3

186.7
26.9
66.8
13.6

190.0
27.5
67.6
13.6

193.3
27.8
68.8
13.8

198.2
28.1
69.7
14.7

201.6
28.7
70.4
14.8

205.9
29.2
71.2
15.1

209.6
29.9
72.2
15.5

213.9
30.3
74.0
16.2

218.7
31.0
75.4
16.3

223.4
31.5
76.9
16.8

228.0
31.9
78.6
17.1

232.4
32.5
80.3
17.5

do

120.8

114.3

127.7

116.8

121.0

119.9

125.7

113.0

107.6

114.7

121.8

119.7

127.3

127.1

136.6

138.9

Fixed investment
do
Nonresidential
do
Structures
_ __ do
Producers' durable equipment
do
Residential structures
do
Nonfarm
_ _ _ _ _ do
Change in business inventories
do
Nonfarm
._
_
do

106.1
81.3
28.5
52.8
24.8
24.3
14.7
14.9

108.2
83.6
27.9
55.7
24.6
24.0
6.1
5.6

119.9
90.0
29.2
60.8
29.9
29.3
7.7
7.3

105.9
78.6
28.6
50.0
27.3
26.8
10.9
10.7

105.6
79.8
28.1
51.7
25.8
25.2
15.4
15.4

107.0
82.6
28.9
53.7
24.4
23.9
12.8
13.3

105.9
84.2
28.2
55.9
21.7
21.1
19.8
20.2

104.6
83.5
29.0
54.5
21.1
20.5
8.4
8.3

105.4
82.7
27.2
55.5
22.7
22.1
2.3
2.2

109.3
83.3
27.7
55.6
26.0
25.4
5.3
4.8

113.5
85.0
27.7
57.3
28.5
27.9
8.3
7.1

117.6
88.6
29.6
59.0
29.1
28.5
2.1
1.6

116.5
87.0
28.5
58.5
29.5
28.9
10.8
10.4

119.6
90.1
28.8
61.3
29.5
28.9
7.5
7.3

126.0
94.3
29.9
64.5
31.6
31.0
10.6
9.7

132.5
99.8
32.5
67.3
32.7
32.1
6.4
5.6

do
do
do

5.1
43.1
38.1

4.8
45.8
41.0

2.0
50.0
48.1

6.0
42.1
36.1

5.2
42.6
37.3

4.5
43.6
39.1

4.5
44.2
39.7

5.2
45.5
40.3

5.1
45.5
40.4

5.4
46.1
40.6

3.4
46.0
42.6

1.5
47.5
46.0

2.0
49.9
47.9

3.3
52.6
49.4

1.0
50.1
49.1

.0
47.2
47.2

Govt. purchases of goods and services, total__do
Federal,
do
National defense
___
do
State and local _ ,
do

156.2
77.4
60.6
78.8

178.4
90.6
72.4
87.8

197.2
100.0
78.9
97.2

147.8
72.5
55.3
75.3

153.1
75.6
58.6
77.4

159.5
79.9
63.0
79.7

164.3
81.5
65.4
82.7

173.1
87.4
70.0
85.8

177.3
90.0
72.1
87.2

179.6
91.3
72.9
88.4

183.5
93.5
74.6
90.0

190.5
97.1
76.8
93.4

195.7
100.0
79.0
95.6

199.6
101.2
79.6
98.4

203.0
101.7
80.0
101.2

206.2
102.3
80.3
103.9

By major type of product: t
Final sales, total ...
. _
Goods, total
Durable goods
Nondurable goods
Services
Structures

do
do
do
_ do
do
do

732.8
367.5
145.7
221.8
288.0
77.3

783.6
390.8
156.4
234.5
314.8
77.9

852.9
423.1
172.2
250.9
342.7
87.1

717.5
360.5
143.3
217.3
277.5
79.5

725.0
362.6
142.2
220.4
284.7
77.7

740.4
371.0
147.3
223.7
292.3
77.2

748.4
375.3
150.2
225.1
298.1
74.9

763.8
381.5
151.1
230.4
306.3
76.1

778.0
391.8
157.1
234.7
310.9
75.3

789.9
393.6
157.3
236.2
317.5
78.8

802.7
396.5
159.9
236.6
324.7
81.5

829.1
412.8
166.7
246.1
330.4
85.8

842.1
417.6
169.1
248.5
339.2
85.4

863.5
429.5
175.1
254.4
347.6
86.4

876.8
432.4
177.8
254.6
353.7
90.7

897.0

do
do
do

14.7
10.2
4.5

6.1
3.0
3.1

7.7
4.6
3.2

10.9
7.6
3.3

15.4
9.9
5.5

12.8
10.5
2.4

19.8
13.6
6.3

8.4
3.3
5.0

2.3
.6
1.7

5.3
3.8
1.6

8.3
4.2
4.1

2.1
1.5
.6

10.8
6.2
4.6

7.5
4.9
2.5

10.6
5.6
5.0

6.4

723.6

Services, total 9 .
Household operation
Housing
Transportation

_

Gross private domestic investment, total

Net exports of goods and services__
Exports
_ _ _
Imports

Change in business inventories
Durable goods
Nondurable goods.
_._
GNP in constant (1958) dollars
Gross national product, total t
Personal consumption expenditures, total
Durable goods
Nondurable goods.
Services
_
Gross private domestic investment, total
Fixed investment
Nonresidential
. . .
Residential structures
Change in business inventories
Net exports of goods and services

_ _

bil $

657.1

673.1

706.7

648.6

653.3

659.5

687.1

665.7

669.2

675.6

681.8

692.7

703.4

712.3

718.4

do

417.8

430.5

450.9

415.7

414.8

420.0

420.6

424.8

431.2

431.8

434.1

444.9

447.5

455.7

455.4

do
do
do

71.3
186.9
159.5

72.4
191.1
167.0

80.1
197.1
173.7

72.9
185.5
157.3

69.2
186.9
158.7

71.8
187.8
160.4

71.4
187.5
161.7

70.1
190.3
164.4

73.7
191.6
165.9

72.6
191.1
168.1

73.0
191.6
169.5

77.3
196.5
171.0

78.9
196.1
172.6

82.5
198.5
174.8

81.7
197.3
176.4

do_

108.8

99.5

106.9

106.1

109.5

107.4

112.3

99.8

94.2

99.3

104.7

101.5

107.3

105.8

113.1

do
do
do
.do

94.9
73.8
21.1
13.9

93.6
73.7
19.9
5.9

99.8
76.8
23.1
7.1

95.8
72.2
23.6
10.3

94.7
72.7
22.0
14.7

95.5
74.8
20.7
12.0

93.7
75.4
18.2
18.6

91.8
74.2
17.6
8.0

92.0
73.3
18.7
2.3

94.0
73.2
20.8
5.2

96.7
74.0
22.7
8.0

99.5
76.5
23.0
2.0

97.4
74.5
22.9
9.9

99.0
76.6
22.4
6.8

103.5
79.6
23.9
9.6

do

4.0

2.4

-.3

5.3

4.3

3.6

2.9

3.0

2.8

3.1

1.0

-.1

-.6

.7

Govt. purchases of goods and services, total. _do_ .
149.2
126.5 140.7
121.5
124.7
Federal
_ _
do
65.2
79.3
61.8
64.0
74.8
State and local..
do
61.3
70.0
59.6
65.9
60.7
r
Revised.
v Preliminary.
f Revised series. Est imates ol nationa1 income and prod uct
and personal income have been revised back to 1965 (s<36 p. 19 ff . of the July 1968 SURVEY for

-1.3

149.2
141.0
142.0
128.5
131.3
141.4
146.5
138.1
150.1
151.2
66.9
67.9
72.7
75.1
75.6
75.6
78.1
80.1
79.5
79.3
63.4
65.4
66.0
65.8
66.4
68.4
69.1
61.6
70.6
71.8
datat eginning 1965); re visions p>rior to IVfay 1967 for persoilal incoirte appear on p. 28 if. of the
July 1968 SURAfEY.
? Includes data n ot show n separat ely.

S-l
336-296 O - 69 - 3




April 1969

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1966

| 1967

Annual total

II

III

IV

I

II

1969

1968

1967

1966

1968

III

IV

II

I

III

IV

IP

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
bil $

620.8

652.9

712.8

615.1

626.7

637.3

638.6

645.1

656.9

670.9

688.1

705.4

722.5

' 735. 1

do

435.6

468.2

513.6

430.8

441.4

449.7

456.7

461.8

471.5

482.7

496. 8

507.1

519.7

530.7

544.8

do
do. __
__ do
do

304. 6
316.9
14.6
63.1
41.1

423.4
337.1
16.3
70.0
44.8

463.5
367.2
18.3
78.1
50.1

390. 2
314.0
14.2
62. 1
40.5

399.8
320.8
14. 9
64.1
41.5

407.2
326.0
15.5
65.7
42.5

413.3
330.2
15.8
67.2
43.4

417.6
332.8
15.!)
68.8
44.2

426.3
339.4
16.1
70.8
45.2

436.4
346.0
17.1
73.3
46.2

448.3
355.7
17.5
75.2
48.4

457.6
362.8
17.8
77.0
49.4

469.0
370.9
18.9
79.1
50.7

479.0
379.2
18.8
81.1
51.7

490.5
389.1
18.8
82.6
54.4

do
do
do
do

60.7
44.8
15.9
19.8

60.7
46.3
14.4
20.3

62.9
47.8
15.1
21.0

60.8
44.7
16. 1
19. 7

60.2
44.7
15.5
19. 9

60.2
45. 2
15.1
20.0

60.1
45.7
14.4
20.1

60.5
46.1
14.4
20.2

61.2
46.6
14.6
20.4

61.1
46.8
14.3
20.5

61.8
47.2
14.6
20.7

62.6
47.8
14.8
20.9

63.4
48.0
15.4
21.0

63.7
48.2
15.5
21.2

63.7
48.4
15.2
21.4

83.9

80.4

'89. 1

83.4

84.2

85.3

79. 5

79.6

80.2

82.3

83.8

89.2

91.6

'91.8

10.2
73.7
42.8
18.8
24.1

10.3
70.1
39. 2
18.0
21.2

11.5
'77.6
44.5
19.8
24.7

10.2
73.2
42.6
18.8
23.8

10.4
73.8
42.7
19.0
23.6

10.4
74.9
43.3
18.8
24.5

10.3
69. 2
39.3
18.3
21.0

10.2
69. 5
3'.). 1
17.9
21.2

10.3
69. 9
38.5
17.9
20.6

10.6
71.7
39.9
18.0
21.9

11.0
72.9
41.3
19.0
22.3

11.2
77.9
44.9
19.7
25.2

11.9
79.7
45.3
20.3
25.0

11.8
'80.0
46.5
20.2
26.3

I9 0
18.8

11.8
19. 0

12.6
20.6

12.1
18.5

12. 1
19.0

12.0
19.6

11.7
18.1

11.8
18.6

12.0
19.4

11.9
20.0

12.5
19. 0

12.5
20.6

13.0
21.4

12.3
21.3

85.6
34.6
51.0
21.7
29. 3
—1 7
20.8

81.6
33.5
48.1
22. 9
25.2
—1 2
23.3

92.3
41.3
51.0
24.6
'26.3
-3.1
26.3

85.6
34.6
51.0
21.9
29.1
-2.2
20.4

86.7
35.0
51.6
21.9
29.7
-2.5
21.1

85.0
34.4
50.7
21.6
29. 1
.3
22.0

79. 9
32.8
47.1
22. 5
24.6
-.4
22 2

80.3
33.0
47.3
23.2
24.1
22.' 9

80.8
33.2
47.6
23.5
24.1
-.6
23.6

85.4
35.1
50.3
22.5
27.9
-3.1
24.3

88.9
39.8
49.1
23.6
25.5
-5.1
25.0

91.8
41.1
50.7
24.4
26.3
-2.7
25.8

92.7
41.5
51.2
25.2
26.0
-1.0
26.7

'95.7
'42.8
'52.8
25.4
'27.5
-3.8
27.6

-5.9
28.5

586.8
75.3
511.6
478. 6
32.9

628.8
82.5
546.3
506.2
40.2

685.8
96.9
589.0
548.2
40.7

580.3
74.7
505. 5
474.2
31.4

592.1
76.8
515. 4
482. 5
32.9

604.5
79.2
525.4
487.3
38.1

614.8
80.5
534.2
494. 6
39.7

621.6
80.1
541.5
504.5
37.0

633.7
83.6
550. 0
50!). 5
40.5

645.2
85.6
559. 6
516.1
43.4

662.7
88.3
574.4
533.5
40.8

678.1
91.9
586.3
542.3
44.0

694.3
101.6
592.7
555.6
37.1

708.2
105.8
602.4
561.6
40.9

721.4
112.8
608.6
573.3
35.3

bil. $
do
do
do

60.63
26.99
13.99
13.00

61.66
26.69
13.70
13.00

64.08
26.44
13.51
12.93

15.29
6.78
3.51
3.27

15.57
6.84
3.54
3.30

17.00
7.75
4.07
3.68

13.59
6.10
3.08
3.02

15.61
6.81
3.46
3.34

15.40
6.48
3.33
3.15

17.05
7.30
3.82
3.48

14.25
5.79
2.96
2.82

15.86
6.50
3.22
3.28

16.02
6.63
3.37
3.25

17.95
7.52
3.95
3.57

do
do
do
do
do
do

1.47
1.98
3.44
8.41
5.62
12.74

1.42
1.53
3.88
9.88
5.91
12.34

1.42
1.34
4.31
11.54
6.36
12.67

.40
.55
1.00
2.09
1.42
3.06

.37
.48
.82
2.36
1.36
3.33

.38
.55
.86
2.36
1.58
3.52

.32
.41
.70
1.84
1.35
2.87

.34
.41
1.12
2.46
1.49
2.99

.37
.35
.98
2.66
1.46
3.09

.39
.36
1.07
2.92
1.62
3.39

.36
.37
.98
2.33
1.48
2.93

.36
•-.36
1.04
2.97
1.51
3.11

.34
.30
1.12
2.96
1.50
3.18

.35
.30
1.18
3.28
1.86
3.46

do
do
do___
do

60.10
26.80
13.85
12.95

61.25
27.55
14.35
13.20

62.80
27.75
14.50
13.25

61.65
27.85
14.20
13.70

61.50
27.00
13.75
13.25

60.90
26.15
13.50
12.65

62.70
26.00
13.50
12.55

64.75
26.35
13.65
12.70

62.60
25.80
12.80
13.00

63.20
26.65
13.65
13.05

65.90 i 71. 65 2 70. 85
29.95
26.85
29.50
15.15
13.90
15.30
14.80
12.95
14.20

do
do
do
do
do
do

1.55
2.00
3.50
8.30
5.50
12.45

1.45
1.85
3.40
8.55
5.60
12. 85

1.45
2.35
3.50
8.50
5.95
13.30

1.40
1.80
3.05
9.20
5.75
12.55

1.30
1.55
3.90
9.70
5.80
12.25

1.45
1.40
4.10
9.80
6.05
11.95

1.50
1.40
4.45
10.65
6.05
12.65

1.55
1.65
4.35
11.60
6.35
12.85

1.40
1.40
3.65
11.65
5.90
12.80

1.35
1.20
4.60
10.90
6.15
12.35

1.35
1.65
1.15
1.45
4.80
5.00
12.00
13.40
6.95
12.75 3 20. 70

10,645
7,179
219
1,537
1,710

10,912
7,369
205
1,589
1,749

11,059
7,440
205
1,648
1,766

11,371
7,661
335
1,594
1,781

11,377
7,703
336
1,556
1,782

11,513
7,626
245
1,827
1,815

11,496
7,478
323
1,882
1,813

11, 850
7, 914
306
1,741
1,889

12, 607
8,379
360
1,948
1,920

13, 282
8,835
403
2,054
1,990

National income totalt
Compensation of employees total
Wages and salaries, totaL
Private _
Government civilian
_
Supplements to wages and salaries
Proprietors' income, total 9
Business and professional 9
Farm
Rental income of persons

Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
Nonfinancial corporations total
do
Manufacturing total
do
Durable goods industries
do
Transportation, communication, and public
utilities
bil $
All other industries
do
Corporate profits before tax total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest

do
do
do
do
do
do
do

25.4

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
Less* Personal outlays©
do
Equals: Personal saving§
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All industries
Manufacturing
Durable goods industries!
Nondurable goods industries^
Mining
Railroad __
_
Transportation, other than rail
Public utilities _ .
Communication
Commercial and other
Seas. adj. qtrly. totals at annual rates:
All industries.
Manufacturing
Durable goods industries!
Nondurable goods industries!
Mining.
Railroad
Transportation, other than rail
Public utilities
Communication
Commercial and other _ _ _
U.S.

i 15. 82 2 17. 90
7.51
6.50
3.33
3.78
3.73
3.17
.38
.34
1.10
2.73

.41
.42
1.14
3.42

34.77

35.01

1.60
1.60
4.05
13.35
3 20. 35

BALANCE OF INTERNATIONAL
PAYMENTSc?1

Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
military grants)
mil $
Merchandise, adjusted, excl. military
do
Transfers under military sales contracts
do
Income on U S investments abroad.
do
Other services
do

43, 144
29, 176
829
6,252
6,887

45, 757 P50, 202
30, 468 P33, 376
1,239 P 1,424
6,859 -P 7,687
7,191 v 7, 715

12, 463
8,248
P 355
1,944
1,916

Imports of goods and services
do
-38, 063 -40,988 *>-48,235 -9,336 -9, 778 -9, 929 -10,078 -10,108 -10,154 -10,648 '-11,552 -11,985 -12,428 -12,270
Merchandise adjusted excl military
do
-25, 541 -26,991 p^-33,273 -6,263 -6, 567 -6, 675 -6,686 -6,605 -6,541 -7, 159 -7,879 -8,335 -8,592 1 -8,467
-979 -1,072 -1,065 -1,098 -1,104 -1,110 -1, 123 -1,145 -1, 183
-962
Military expenditures
do
-3,736 -4,339 p -4, 561 -923
-703
-659
-740 P-702
-598
-575
-560
-563
-2,293 p-2,804 -479
-556
Income on foreign investments in the U.S. .do
-2, 074
Other services
do
-6,712 -7,365 -7, 597-1,671 -1,693 -1,712 - 1 , 760 -1,878 -1,940 -1,787 -1,904 -1,824 -1,951 p-1,918
Unilateral transfers, net (excl. military grants);
-713
-749 p-771
-642
-641
-845
-859
-730
-647
-701
transfers to foreigners (— )
mil. $__ -2,925 -3,075 p-2,875 -732
' Revised.
» Preliminary.
« Corrected,
0P(^rsonal o utlays c()mprise personal consum >tion ex] 3enditure s, interest paid by consumerrs, and pe rsonal tr ansfer pa yments ,o foreign er«.
i Estimates for Jan.-Mar. 1969 based on anticipates1 capital expenditu res of bu siness.
§Pe sonal sa ping is ex cess of d sposable income aver pers onal out' ays.
2 Estimates for Apr.-June 1969 based on anticip ated capi tal expen ditures of busin ess.
HDa ta for in dividual durable and non durable joods inc ustries c omponeiits appear in the
Anticipated expenditures for the year 1969 are as fo Hows (in bil. $): 1Lll indus tries. 72 .96;
Mar., Tune, Sej3t., and 1 )ec. issu BS of the SURVEY.
manufacturing, total, 30.65; durable goods industri es, 15.48; nondural>le goods industr ies,
15.17; mining, 1.60; railroad, 1.73; transportation, 4.83 public u tilities, 13.16; connnunicati on,
cfM ore comp lete deta Is are giv en in the quarterl y reviews in the \ar., Jun e, Sept. .and Dec.
issues of the STJBVEY. EDevised d ata back to 1960 appear o n p. 32 ff. of the JFune 1968 issue.
7.44; commercial and other, 13.56.
3 Includes cominunicatio n.
fSee corresponding note on p. S-l.
9 Includes iiiventory valuation adjustm 3nt.




SURVEY OF CURRENT BUSINESS

April 1969
1966

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

Annual total

1967

1966

1968
II

III

S-3

IV

I

II

1968
III

IV

I

II

1969
III

IV

I

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
U.S. BALANCE OF INTERNATIONAL
PAYMENTS §— Con.
Quarterly Data Are Seasonally Adjusted
Transactions in U.S. private assets, net; increase
(-)_ .
mil. $
Transactions in U.S. Govt. assets, excl. official
reserve assets; increase (— )
mil. $
Transactions in U.S. official reserve assets, net;
increase (— )
mil. $
Transactions in foreign assets in the U.S., net (U.S.
liabilities)' increase (+)
mil. $
Liquid assets
do
Other assets
_ _ ._
- _
do
Errors and omissions net
do
Balance on liquidity basis— increase in U.S. official
reserve assets and decrease in liquid liabilities to
all foreigners; decrease ( — )
mil. $
Balance on official reserve transactions basis— increase in U.S. official reserve assets and decrease in
liquid and certain nonliquid liabilities to foreign
official agencies' decrease ( — )
mil $
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

-4, 298 -5,505 P-4,861 -1,114
-1, 535 -2,411 »-2, 262
568

52

3,323
789
2,534
-214

6,705
3,519
3,186
-535

-1,357 -3,571

266

1967

-3,405

p

-496

-1,010

-1,163

-975

-330

-347

-708

-572

-501

-630

-707 -1, 448

-1,798

p-908

-645

-504

"-325
p- 1,076

-788

-880

68

82

-6

1,027

-419

-375

-181

904

-137

-571

» 9, 106
P 722
v 8, 384
p
-195

1,110
25
1,085
-145

594
219
375
231

1,135
339
796
-102

343
-522
865
-250

2,143
941
1,202
-458

1,943
1,177
766
207

2,276
1,923
353
-34

1,211
-199
1,410
-276

2,804
319
2,485
-483

2,349 p 2, 742
516
p 86
1,833 P 2, 656
p 145
-419

-93

-301

-333

-505

-522

-802

-1,742

-705

-182

55

P990

99 -1, 764

-806

247 -1,082

-571

1,509

423

P256

p

158

P 1,617

-116

692

1968

Annual

-1,104 -1,788 -1,638

1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.p

GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE f
Seasonally adjusted, at annual rates: t
Total personal income

628 8

685 8

663 0

670 0

672.6

678.2

683 7

689 2

694 1

699.7

703.2

708 0

713.5

716.1

721.4

726.7

423.4
166.6
134 1
100 5

463.5
180.6
145 4
109 4

449.7
176.6
141 6
105 9

452.2
177.0
142 2
106 5

453.2
176.7
141 6
106 9

457.5
179.3
144 3
107 4

462.2
179.9
145 6
109 7

465.4
180.6
146 0
109 9

468.7
181.1
146 3
111 2

472.8
183.3
147 8
112.1

474.9
184.7
148 8
112. 1

478.9
186.1
149 7
113 3

483.3
188.5
151 1
113.2

486.5
189.2
151.9
114.8

' 490. 4
' 190. 4
' 151.8
' 116. 0

494.6
192.8
154.1
116.7

do
do
do

70 0
86 3
23.3

77 2
06 3
26 1

74 6
92 6
25.0

75 2
93 4
25.2

75 5
94 2
25.5

76 1
94 7
25.7

77 0
95 5
26.0

77 5
97 4
26.3

78 2
98 2
26.5

78 8
98.6
26.8

79 1
99.0
27.0

79 g
99 6
27.3

80.7
100.9
27.6

81.6
100.8
27.8

••82.6
' 101. 4
28.0

83.2
102.0
28.3

do
do

46 3
14 4

47 8
15 1

47.2
14 6

47.5
14 8

47.6
14 8

47.8
14 8

47.9
14 8

48 0
15 1

48 0
15 4

48.0
15.7

48.1
15.6

48 2
15 5

48.3
15.5

48.4
15.4

48.5
15.2

48.5
15.1

20.3
22 9
46 8
51 7

21.0
24 6
52 1
58 6

20.7
23 6
49.8
54 9

20.7
23 9
50 2
57 8

20.8
24 3
50.8
58 1

20.9
24 7
51.3
58 2

20.9
24 3
51.9
58 5

21.0
25 0
52 4
59 i

21.0
25 2
52.9
59 6

21.1
25.3
53.4
59.9

21.2
25.3
54.0
60.4

21.2
25 4
54 3
60 8

21.3
25.5
54.7
61 0

21.3
25.3
55.1
61.7

21.4
25.4
55.6
'62.4

21.5
25.5
56.2
62.8

20.4

22.9

22.4

22.4

22.6

22.8

22.9

23.1

23.2

23.3

23.4

23.5

23.5

25.4

'25.5

25.7

658.0

663.4

668.7

673.3

678.6

682.2

687.0

692.5

695.1

' 700. 5

705.9

bil. $

Wage and salary disbursements, total
do
Commodity-producing industries, total. do
Manufacturing
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 nonagricultural income.

do

609.3

665 4

643.1

649.9

652.4

FARM INCOME AND MARKETINGS t
Cash receipts from farming, including Government
payments, total t
.
mil $
Farm marketings and CCC loans, total
do
Crops
do
Livestock and products, total 9
do
Dairy products
do
Meat animals.
.
do
Poultry and eggs
do
[ndexes of cash receipts from marketings and CCC
loans, unadjusted: t
All commodities
1957-59—100
Crops
__
do
Livestock and products
do
[ndexes of volume of farm marketings, unadjusted: t
All commodities..
1957-59 — 100
Crops
do
Livestock and products
do

45 867

47 550

3 073

3 044

2 964

3 015

3 166

3 767

4 774

5,235

5,654

4 994

4 146

3 754

3,160

42, 788
18 383
24 405
5 770
14 630
3 640

44 065
18 424
25 641
5*981
15 499
3 8?8

2,889
953
1 936
'461
1 179
256

2,870
854
2 016
505
1 191
287

2,846
812
2 034
512
1"218
268

2 981
835
2 146
' 541
1 287
282

3 148
1 189
1 959
523
1 110
299

3 613
1 522
2 091
494
1 255
323

3,676
1 488
2 188
483
1 333
355

4,070
1,744
2 326
477
1,455
377

5,258
2,725
2 533
499
1,641
376

4,957
2 745
2 212
485
1,351
358

4,097
1 953
2 144
516
1,233
364

3,696
1,466
2 230
524
1,326
340

3,033
1,004
2 029
485
1,202
302

132
133
132

137
134
139

108
83
126

107
75
131

106
71
132

111
73
139

117
104
127

135
133
136

137
130
142

151
152
151

196
238
164

184
240
144

153
171
139

138
128
145

113
88
132

124
124
124

126
128
125

97
76
112

94
62
118

91
53
120

97
54
128

109
100
116

126
135
120

129
131
127

137
142
132

182
228
148

173
233
129

144
172
122

127
132
123

98
81
111

INDUSTRIAL PRODUCTION <?
Federal Reserve Index of Quantity Output
CJnadj., total index (incl. utilities) cf-- 1957-59 = 100.
By industry groupings:
Manufacturing, total
do
Durable manufactures
do
Nondurable manufactures
do
Mining
do
Utilities
do ""
By market groupings:
Final products, total
Consumer goods
Automotive and home goods
Apparel and staples
Equipment, including defense
Materials
Durable goods materials
Nondurable materials..

158.1

165.3

162.7

164.6

163.2

165.2

169.4

160.3

163.3

169.5

170.7

169.1

' 166. 3 ' 166. 8 ' 169. 5 172.1

159 7
163.7
154 6
123 8
184 9

166.8
169.8
163 0
126 4
202 1

164.2
168.9
158 3
123 7

166.4
170.5
161 2
125 3

165.1
169.4
159.8
127.3

167.4
172.1
161 6
128 6

171 6
175.4
167 0
128 9

160 4
164.1
155 7
127 1

163.0
160.5
166 3
130 7

170.7
170.6
170.8
128 6

173.4
173.5
173.3
122 8

171.4
174.2
168.0
126 8

r

do
do
do
do
do

158 3
148.5
159.0
145 1
179.4

164 9
156.6
175.0
150 8
182.6

162 4
153.4
174.7
146 6
181.7

164 8
156.2
179.8
148 7
183.4

160.8
151.7
175.1
144.2
180.4

162 6
153.7
178.5
145 9
181.6

168 8
161.2
184 5
153 8
185.1

159 1
149.6
153.5
148 3
179.6

162 0
154.2
141.5
158 3
178.6

171 9
165.9
178.5
161 9
184.6

172 6
167.5
192.7
159 5
183.6

169.2
161.7
191.2
152 3
185.4

165.6
155.8
' 181. 5
147 6
' 186. 6

do
do
do

157 8
151.9
163.9

165 7
157.8
173.7

162.8
156.1
169.7

164 5
157.7
171.5

165.4
158.8
172.2

167 6
162.4
173.0

169 9
164.8
175. 1

161 3
155.1
167.6

164 5
153.1
176. 3

167 5
157.4
177.9

169.0
158.9
179.3

169.5
159.6
179.6

r

r
Revised.
p Preliminary.
§ See note marked "cf" on p. S-2.
t See corresponding
note on p. S-l.
t Series revised beginning 1960 (annual data for 1960-68 and monthly data
for 1965-68, for dollar figures only, now include Alaska and Hawaii); monthly data back to 1965
appear on p. 39 of the Jan. 1969 issue of the SURVEY.




T
T

167. 5 •• 167. 3 ' 170. 7
172.6 r 171. 1 r 173.9
161. 2 r' 162. 4 166. 6
124. 7 ' 124. 6
126 3

173.6
177.0
169.4
126.6

r 166. 7 r 167. 1
161.1
•• 159. 0
' 183. 8 ' 185. 1
154.3
' 183. 2 •• 185. 6

171.2
163.0
187

166. 9 r 166. 9
' 158. 2 ' 156. 9
«• 176. 0 •• 177. 1

r 170. 0
r 160. 6

179.7

188.9
173.1
164
182

cf Revisions for 1966 appear on p. 20 of the Nov. 1967 SURVEY; those for Jan.-Aug. 1967 will
be shown later.
9 Includes data for items not shown separately.

SURVEY OF CURRENT BUSINESS

S-4
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

1968

Annual

April 1969

Feb.

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.*

GENERAL BUSINESS INDICATORS—Continued
1

INDUSTRIAL PROD UCTIONd — Continued
Federal Reserve Index of Quantity Output— Con.
3eas. adj., total index (Incl. utilities) d". 1957-59 = 100.
By industry groupings:
Manufacturing total
do
Durable manufactures 9
do
Primary metals
do
Iron and steel
- do
Non ferrous metals and products
do
Fabricated metal products
do
Structural metal parts
do

165.3

162.0

163.0

162.5

164.2

165.8

166.0

164.6

165.1

166.0

167.5

168.7

'169.2

169.5

170.5

166.8

163.6

164.6

163.7

165.8

167.3

167.4

165.7

166.4

167.8

169.1 ' 170. 2

170.4

' 170. 7

171.6

163.7
132.5
126.8
153.2
161.9
158. 1

169.8
137.1
130.8
159.9
167.9
162.2

167.6
139.3
137.8
154. 1
165.7
160.9

168.2
140.2
140.8
151.3
166.6
162.7

167.2
143.3
143.1
154.5
161.4
156.9

169.8
148.5
146.4
161.2
165.0
159.8

171.0
148.6
148.4
150.4
166.1
161.8

170.8
145.8
146.6
153.6
166.2
159.7

167.8
122.8
112.9
153.9
166.3
159.1

168.7
120.6
107.3
166.2
167.6
161.1

169.3
123.1
108.1
174.0
172.2
165.1

171.3
129.3
115.8
173.8
173.5
168.3

172.4
172.7
••135.4
138.0
' 124. 6 r 125. 5
r 180. 7
177.2
' 175. 6 ' 176. 3
170.3 ' 170. 1

'173.2
' 141. 1
'132.2
177.5
' 176. 9
'171.6

174.4
145

179.9
176.6
184.2
180.4
173.6
185.4

181.7
178.8
185.5
182.6
174.2
188.6

182.7
179.8
186.5
183.2
174.3
189.3

183.8
179.1
190.1
181.7
175.4
185.7

186.4
182.6
191.4
180.5
173.5
184.7

186.1
183.7
189.3
180.4
177.0
181.0

187.4
184.4
191.4
180.2
177.7
179.6

'188.6
185.3
' 193. 0
' 176. 4
' 172. 3
177.0

' 191. 4 ' 191. 3
r 187. 7 '188.2
195.5
' 196. 4
'171.4 '172.5
' 167. 7 ' 166. 7
170.9 '173.9

193

189.7
151.2
' 132. 3
182.9
165.3

'
'
'
'
'

'190.4
' 155. 3
121.3
' 185. 6
' 164. 7

191
152

do
__do
do
do __
..do
do

183.4
183.4
183.3
165.7
146.5
182.1

184.3
181.0
188.5
179.5
171.4
185.0

183.2
180.6
186.6
175.1
161.1
186.5

183.3
180.2
187.3
177.6
167.8
185.4

179.4
176.9
182.8
175.3
164.8
183.5

do
do
do
do
do

184.8
138.7
116.9
167.7
157.3

184.2
146.2
122.1
178.3
161.4

184.7
137.3
119 3
173.0
160.7

183.8
131.0
125.0
173.7
159.9

181.4
146.1
123.9
174.1
158.8

181.2
146.4
122.7
178.9
160.6

181.3
145.1
123.4
178.0
160.9

179.2
145.2
120.6
177.8
161.1

182.6
147.5
114.7
178.6
161.4

184.3
150.0
119.4
179.7
162,0

185.8
151.8
119.4
180.4
162.1

188.5
150.4
126.1
181.7
162.5

do
do
do
do
do

154.6
142.0
147.6
106.3
153.6

163.0
151.3
149.9
111.3
163.8

158.6
148 8
146 4
109.7
157 1

160.0
149.9
148.5
113.7
159.2

159.5
146.3
148.9
114.6
159.5

160.8
147.2
149.6
118.0
161.1

162.7
148.8
151.4
115.8
162.9

163.0
150.9
150.4
107.0
164.1

163.0
151.4
149.0
109.5
164.1

163.6
152.0
149.9
109.3
166.1

165.9
153.3
152.1
113.0
166.7

166.3 ' 167. 4 ' 167. 5 ' 167. 5
151.0
155.1 ' 153. 5 ' 151.8
152.5 ' 149. 2
148.8
109.2
111.7
107.8
170.1 ' 169. 9 ' 174. 6
174.4

do do
do
do
do

146.8
134.2
203.8
236.0
133 4

149.5
136.1
221.6
261 7
139 6

145.9
131.4
213.8
251 8
135 7

146.8
133.7
215.0
252. 7
136 1

145.8
130.8
215.2
256.2
137.3

149.8
134.4
216.6
255.5
139.9

149.6
134.7
219.3
258.0
140 6

149.5
134.7
222.4
264.4
139 5

151.1
137.7
221.0
262.7
140 7

150.0
140.9
222.4
263.2
141 9

151.2
138.4
227.8
268.2
142 2

152.3
140.8
228.7
268.0
141.4

r 141 2

r 131 5

do
do
do
do
do

193.5
132 6
130.1
146.0
120 3

220 0
135 8
132 7
152.6
120 9

212 3
133 2
130 7
146.7
132 1

215.7
134.5
131.4
151.2
122.9

209.4
135.3
131.9
153.3
112.1

214.3
134.0
131.9
145.0
120.0

218.0
135 5
132.2
153.1
122 8

222.4
135 1
132.7
147.9
123.4

223.1
135.3
131.5
155.7
123.1

223.4
135.4
131.5
156.0
124.0

225.8
137.3
133.3
158.6
120.8

227.5 r 234. 6
136.1
138 8
134.6
132.8
161.6
153.7
119.9
113 6

229.1

r 139 g
140.3
' 136 5 137.5
157.4
119 5

Mining
Coal.
Crude oil and natural gas
Crude oil
Metal mining
Stone and earth minerals

do _do
do
do
do
do _

123. 8
120.4
123.1
126.3
120.3
135.4

126.4
117.8
126.5
130.5
126 3
137.8

123.9
116.8
124.5
129.7
102.8
145.0

126.2
126.0
126.0
130.9
108.7
141.2

127.1
124.4
124.8
128.7
139.9
137.1

126.9
120.4
126.6
131.2
131.4
135.0

129.2,
126.7
128.4
132.4
130.8
136.9

130.0
126.6
129.2
134.0
134.1
137.1

129.4
121.3
129.3
134.8
134.5
137.5

127.0
120.8
126.8
131.2
127.7
136.5

120.7
86.6
125.5
129.1
125.1
132.2

126.4 ' 127. 4
115.9
118.3
126.3 ' 125. 4
128.6 ' 126. 4
135.1
137.6
135.5
147.0

' 126. 5 ' 125. 2
112.4
115.3
' 124. 8 ' 122. 4
' 125. 2 '121.9
' 140 2 142.8
149.7
143.5

Utilities
Electric
Gas

do
do
do

184.9
191 8
163.0

202. 1
211 3

199.0
207 3
172.8

198.0
206.4
171.8

196.5
204.9
170.0

196.1
205.0
168.4

197.9
207.0
169.2

199.3
208.2
171.3

202.1
211.5
172.6

204.8
214.7

208.9
219.3

206.9
216.0

' 215. 2
226 3

do
_ do
do

158.3
148.5
159.0

164.9
156.6
175.0

162.0
152.9
167.9

163.5
155.0
173.1

161.7
153.5
169.5

163.0
154.6
173.6

165.2
156.8
176.4

164.7
156.4
175.2

164.8
156.8
175.6

165.7
157.3
175.8

167.0
159.6
177.6

149.1
145.7
153 6
166.0
159.6
159.6

174. 3
174.8
173 8
175 4
168 5
173.7

162.7
158.0
168 8
171.5
162.6
169.2

173.4
172.7
174.4
172r9
164.8
169.9

168.7
166.8
171.2
170.1
156.8
170.1

178.1
182.3
172 6
170.4
156.7
174.6

180.7
183.5
177 1
173.4
161.6
174.8

180.4
183.7
176 1
171.5
161.8
174.5

177.1
182.4
170.2
174.6
168.0
174.0

175.6
177.4
173.2
175.9
170.4
175.5

145 1
136.2
147.6
130.0

150 8
139 5
154.0
132 6

148.1
137.3
151.2
130.6

149.2
140.3
151.7
131.3

148.3
139.9
150.7
131.2

148 6
139.5
151.2
131.0

150 6
140.8
153.4
132.2

150 4
139.4
153.5
132.9

150.7
139.8
153.9
132.5

do
do
do
do _

137.4
182.7
140.1
168.9

141 9
193 4
143 3
182 9

141.8
185.9
141.5
179.6

141.7
187.5
142.1
179.4

139.4
186.1
142. 1
177.3

136 6
190.0
145. 3
177.0

142 9
192.0
143.6
180.8

139.6
192.6
144.2
180.8

Equipment, including defense 9
do
Business equipment . _
do ._
Industrial equipment
do
Commercial equipment
do Freight and passenger equipment do
Farm equipment-do

179.4
182.8
170.2
200.9
215.4
158.7

182.6
184.7
168 1
205 2
234 3

181.6
182.9
165.8
206.1
230.1
146.4

181.8
183.3
167.0
205.4
227.8
150.6

179.4
180.9
165.9
204.4
220.8
140.3

181.1
182.5
165.8
203.6
231 5
145.1

183.2
184.3
168.0
204.6
234.0
144.2

do
do
do _
do
do

157.8
151.9
143.9
184.5
139.6

165.7
157.8
164 2
185 1
145 8

161.8
155.4
162.2
186.7
144.8

162.8
156.7
160.1
185.1
145.8

163.1
157.1
154.6
181.9
144.4

165.2
159.4
163.0
183 6
145.3

do
do
do _
do

163.9
152.9
148.5
155.1

173.7
157 4
156.7
157 7

168.3
151.1
144.5
154.4

169.1
150.1
142.8
153.8

169.3
152.0
150.9
152.6

171.2
154.5
155.6
154.0

144.3
129.2
183.3

151.5
132.7

149.1
131.4
194.4

150.8
134.3
193.6

150.2
132.6
194.6

154.3
153.3
153.2
151.7
154.1
149.3
134.1
136.6
136.4
136.9
133.7
126.0
200.3
202.8
196.7
198.2
206.3
197.0
9 Includes data for items not shown separately.

Machinery
_
Nonelectrical machinery
Electrical machinery
Transportation equipment 9
Motor vehicles and parts
Aircraft and other equipment
Instruments and related products
Clay glass, and stone products «
Lumber and products
Furniture and
fixtures
Miscellaneous manufactures
_
Nondurable manufactures
Textile mill products
Apparel products
Leather and products
Paper and products
Printing and publishing
Newspapers
Chemicals and products
Industrial chemicals
Petroleum products

.

Rubber and plastics products
Food^ and beverages
Food manufactures
Beverages
Tobacco products

By market groupings:
Final products, totalcf
Consumer goods
.
Automotive and home goods
Automotive products
Autos
Auto parts and allied products
Home goods 9
Appliances, TV, and radios
Furniture and rugs

do
do _
do
do
do
do „

Apparel and staples
do
Apparel, incl. knit goods and shoes do
Consumer staples
__do
Processed foods
do
Beverages and tobacco
Drugs, soap, and toiletries
Newspapers, magazines, books
Consumer fuel and lighting

Materialscf
Durable goods materials 9
Consumer durable..
Equipment
Construction

.

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

__

Business fuel and power 9 _ _
Mineral fuels
_
Nonresidential utilities
r

158.1
159.7

Revised.

v Preliminary.




_

do
. _ do
...do

d*See corresponding note on p. S-3.

191. 6
153. 7
124. 3
186. 8
166. 2

153.0
141.7
232.7

152.3 ' 152. 4
139.5
141.2
' 231. 8 ' 233. 6
' 275. 0
276 9

137

179

174

189
198
173
166
176

185
165

168.0

153

140.7

128.1

114

126
125

' 218. 0

219.0

167.9
159.2
179.5

' 168. 1 ' 168. 3 ' 169. 3
160.1 ' 161. 2 ' 161. 3
' 179. 1 '180.9 ' 178. 7

170.2
161.9
180

178.9
180.3
177. 0
176.7
171.8
174.2

181.2
180.6
182 1
178.3
171.9
177.0

177.8 '176.2 '
174.5
170.6
182 2 r 183 5
' 180. 0 ' 184 3
r 173 2 '177 5
180.2 ' 184 3

151.5
139.6
154.9
132.5

153.9
142.3
157.1
133.2

152 8 r 154 1
142.0
138. 7
155.8 ' 158. 4
134.7
132.0

144.7
190.6
143.6
182.6

145.2
193.6
140.7
186.0

145 9
199.8
145.8
188.7

142 3
200.4
146 0
186.1 '

182.6
183.4
167.5
202.4
234 3
139.6

181.9
182.4
164.7
204.6
233.2
145.8

183.6
185. 2
167.8
205.9
235.6
152.9

183.0
186.8
170.2
207.3
234.3
155.3

186.5 ' 185. 3
191.2 ' 191. 1
174 9
174 0
205.3
208.7
247 2
247 4
152.4

' 183. 5 ' 185. 7
' 192. 3 ' 193. 1
' 175 4 176.3
212.2
'209 4
244.0
r 246 4

188.1
194

166.7
160.4
166.2
184.8
145.6

167.4
159.8
167.7
185.8
143.7

164.2
153.3
153.5
185.3
143.3

165.1
153.3
166.1
185.1
145.5

165.7
155.4
166.5
184.7
146.3

167.6 r 169. 3
157.6 ' 159. 7
161.0
169.6
187 7 r 187 5
152 2
148.3

r

169. 3
160. 4
164.1
188.4
151.8

171.0

173.9
159.0
158.9
159.0

175.3
157.9
156.0
158.8

175.5
158.4
154.2
160. 5

177.2
161.1
163.4
160.0

176.4
162.3
167.4
159.8

177.9 *• 179. 2
161.7 ' 163. 2
161.5 r 164. 8
161.8 ' 162. 4

' 179. 2
' 164 8
' 168. 2
'163 1

178.3
162.6
164.9
161.4

180

' 151. 9 r 152. 4 ' 151. 3
' 130. 0 ' 128. 7 ' 126. 0
206.7
211.8 1

153
129

152.5
131.4
205.7

210.1
219 9

172. 7
165.0

182.8

173
165

182.9
178.6
180.9

155 0
141 3
160.7
' 158. 8
' 135 4 137.4

161

145 4
144 6
201.4 ' 203. 7
203.9
147 1 ' 146 3 145.7
190. 2
190 0

'
'
'
'

170. 1 '
161. 1 '
162. 2
187 4
154 5

162

SURVEY OF CUERENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

1969

1968
Feb.

Annual

S-5

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES §
mil $

1,067,539 ll 163 37190,002

95,315

95, 757

98,459

100,011

94,408

96,310

98,605 103,413 101,513 103,200 93,265

do

11,067,539 11,163,371 93, 758

94,463

94, 552

96,069

97, 423

98,368

97,083

99, 135

99, 675

100,142 98, 671 '100,137 101, 677

Manufacturing, totalo71
Durable goods industries
Nondurable goods industries

do
do
do

1548, 542 1603,718
299,680 330, 951
248,862 272,767

48,356
26, 711
21, 645

48,446
26,844
21,602

48, 755
26,888
21, 867

50, 014
27,509
22, 505

50,729
27,633
23,096

51,425 i 49,825
28, 211 26,837
23,214 22,988

51,441
27, 985
23,456

52,560
28,960
23,600

52,548
28, 786
23, 762

51, 494
27, 742
23,752

Retail trade, totalo"
Durable goods stores. .
Nondurable goods stores

do
do
do

1313,809 1339,710
100, 173 110, 245
213, 636 229,465

27, 449
8,828
18, 621

27,996
9,018
18, 978

27, 791
8,975
18, 816

28, 158
9,132
19, 026

28, 320
9,197
19, 123

28, 674
9,313
19, 361

28, 760
9,377
19, 383

28,902
9,687
19, 215

28, 697
9,342
19, 355

28,806
9,314
19, 492

28, 347 28,989
9,238 ' 9, 446
19, 109 19, 543

29, 359
9,621
19, 738

do
i 205,188 1219,943
do
90,447 100, 012
do _ 114, 741 119, 930

17,953
8,171
9,782

18, 021
8,141
9,880

18, 006
8,163
9,843

17,897
8,058
9,839

18, 374
8,152
10, 222

18, 269
8,309
9,960

18,498
8,301
10, 197

18, 792
8,554
10,238

18, 418
8,536
9,882

18,788
8,764
10, 024

18,830 18,347
8,734 ' 8, 555
10, 096 ' 9, 792

18,830
8,943
9,887

Mfg and trade sales (unadj ) totalcf
Mfg. and trade sales (seas, adj.), totalcf

Merchant wholesalers, total
Durable goods establishments
Nondurable goods establishments

.

95,952

52, 801 53, 488
29, 325 '29,500 229,500
23, 476 23,533

Mfg. and trade inventories, book value, end of year
or month (unadj.), totalcf ...
mil. $

142, 213

152, 188

144,921 146,430 148,157 149,140 148,890 148,138 148,320 149,122 152,201 153,987 152,188

Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total cf mil. $

143, 772

153,860

144,819 145,153 146,487 147,808 148,522 149,063 149,923 150,725 152,122 152,936 153,860 154,180 155, 119

82, 819
53,540
29, 279
39, 318
17, 403
21, 915
21, 635
12, 543
9,092

88,579
57,422
31, 157
42,657
19,461
23, 196
22, 624
13,454
9,170

83,408
54,009
29,399
39,788
17, 709
22, 079
21,623
12,446
9,177

83,759
54,295
29,464
39, 776
17, 723
22, 053
21,618
12, 509
9,109

84,382
54, 724
29, 658
40, 242
18, 113
22, 129
21, 863
12, 777
9,086

85,278
55, 234
30,044
40,606
18,248
22, 358
21,924
12,664
9,260

85,582
55, 442
30, 140
40,842
18, 440
22, 402
22, 098
12, 775
9,323

85,829
55, 461
30,368
41,065
18, 475
22, 590
22, 169
12, 923
9,246

86, 713
56,069
30,644
41, 010
18, 501
22, 509
22,200
13, 166
9,034

87,109
56,458
30,651
41, 424
18, 622
22, 802
22, 192
13, 064
9,128

87, 566
56, 657
30, 909
42, 220
19, 165
23,055
22, 336
13, 218
9,118

87,947
56,953
30,994
42, 488
19, 361
23, 127
22, 501
13,332
9,169

1.58

1.53

1.54

1.54

1.55

1.54

1.52

1.52

1.54

1.52

1.53

1.53

1.67
1.96
.58
.89
.49
1.31
.49
.20
.62
1.47
2.05
1.19
1.21
1.55
.92

1.67
1.98
.58
.91
.49
1.30
.48
.20
.62
1.47
2.08
1.19
1.20
1.52
.91

1,370
1,356

Manufacturing, totalcf
Durable goods industries
Nondurable goods industries
Retail trade, total J
Durable goods stores.
Nondurable goods stores
Merchant wholesalers, total
Durable goods establishments..
Nondurable goods establishments
Inventory-sales ratios:
Manufacturing and trade, totalcf

do
do
do
do.
do
do
do
do
.do .
ratio..

Manufacturing, totalcf —
do
Durable goods industries
do
Materials and supplies
do__
Work in process
do
Finished goods
do
Nondurable goods industries
do
Materials and supplies. ._
do
Work in process.
do
Finished goods,..
do
Retail trade, totalcf-do
Durable goods stores
__
do
Nondurable goods stores
do
Merchant wholesalers, total
do
Durable goods establishments..
do
Nondurable goods establishments
do.
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries:
Unadjusted, total .
mil. $
Seasonally adj., total*.
do

l'.45
2.01
1.19
1.20
1.52
.94

1.73
2.02
.59
.93
.50
1.36
.52
.21
.64
1.42
1.97
1.16
1.20
1.54
.92

1.73
2.04
.60
.94
.50
1.36
.51
.21
.64
1.45
2.02
1.18
1.21
1.57
.92

1.71
2.01
.60
.92
.49
1.33
.50
.20
.63
1.44
2.00
1.18
1.23
1.57
.94

1.69
2.01
.60
.92
.49
1.30
.49
.20
.61
1.44
2.01
1.17
1.20
1.57
.91

1.67
1.97
.59
.89
.48
1.31
.49
.20
.62
.43
1.98
.17
.21
.56
.93

1.74
2.09
.63
.95
.51
1.33
.50
.21
.63
1.43
1.97
1.16
1.20
1.59
.89

1.69
2.02
.60
.92
.50
1.31
.49
.20
.62
1.43
1.92
1.19
1.18
1.53
.89

1,137
1,175

1,169
1,091

1,203
1,184

1,268
1,223

1,256
1,222

1,180
1,314

1,152
1,261

1,275
1,293

1.77
2.08
.62
.94
.52
1.40
.55
.21
.64
1.47
2.03
1.21
1.22
1.61
.91

1.70
2.01
.59
.92
.50
1.33
.50
.20
.62
1.44
2.00
1.18
1.20
1.54
.92

1.72
2.02
.59
.93
.50
1.36
.52

12, 853

14, 944

153,360 155,271

88,579 88, 905
57, 422 57,879
31, 157 31, 026
42, 657 42, 740
19, 461 19, 622
23, 196 23, 118
22,624 22, 535
13, 454 13, 373
9,170 ' 9, 162

89, 335
58, 105
31, 230
43, 014
19, 487
23, 527
22, 770
13, 449
9,321

1.56

1.54

1.53

1.72
2.07
.60
.95
.52
1.31
.49
.20
.62
1.50
2.11
1.21
1.20
1.54
.91

1.68
1.97
.57
'.91
.50
1.32
.49
.21
.62
1.47
'2.08
1.18
1.23
'1.56
.94

1.67
1.94
.55
.90
.49
1.33
.49
.21
.63
1.47
2.03
1.19
1.21
1.50
.94

1,399
1,378

1,396 ' 1, 134
1,265 '1,204

1,277
1,320
54, 120

do

548,542

603, 718

48,976

50,491

50,068

50,596

53,163

47,378

47,967

52,950

54,016

52, 495

50, 197 '49,452

Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
!Motor vehicles and parts
Instruments and related products

do
do
do
do
do
do
do
_do
do
do

299, 680
14, 479
45, 867
22, 846
31, 443
52, 066
41, 443
74, 863
43, 096
9,500

330, 951
15, 754
50, 457
24, !K)1
34, 180
58, 047
42, 353
84, 163
47, 638
11, 370

27, 070
1,154
4,189
2,218
2,770
4,794
3,601
6,971
3,997
864

28, 290
1,204
4,411
2,362
2,864
5,026
3,708
7,310
4,207
922

27, 834
1,348
4,584
2,416
2,865
4,930
3,403
6,993
3,976
880

28,283
1,373
4,663
2,457
2,900
4,808
3,361
7,410
4,423
909

29,606
1,402
4,852
2,617
3,015
5,165
3,717
7,466
4,395
994

25, 612
1,297
4,352
2,554
2,703
4,376
3,151
6,086
3,096
860

24, 692
1,403
3,536
1,497
2,896
4,519
3,389
4,976
2,126
955

28,404
1,449
3,912
1,579
2,965
5,029
3,754
7,067
4,018
1,062

29,541
1,496
4,125
1,754
3,079
5,094
3,681
7,835
4,749
1,025

28, 831
1,325
4,051
1,698
2,852
4,968
3,692
7,932
4,665
1,043

27, 651
1,215
3,910
1,707
2,685
5,113
3,593
7,302
3,935
1,041

'27,331 '30,300 231,000
' 1, 198
1,299
' 4, 329 '4,700 24,900
' 1, 997 2,159
' 2, 657 2,989
' 4, 745 5,538
' 3, 362 3,757
' 7, 192 ' 7, 700 27,800
4,384
»• 4, 236
'967
1,072

Nondurable goods industries, total 9
Food and kindred products
Tobacco products . _
Textile mill products
Paper and allied products
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products

do
do
do
do
do
do
do
do

248, 862
83, 017
4,768
19, 241
21, 120
42, 347
21, 211
12, 597

272, 767
90, 157
4,922
21, 458
24, 208
46, 465
22, 267
14, 265

21,906
7,084
386
1,795
1,917
3,684
1,815
1,108

22, 201
7,151
406
1,767
1,979
3,816
1,821
1,134

22, 234
7,014
387
1,736
1,981
4,019
1,787
1,232

22, 313
7,233
421
1,765
2,014
3,969
1,811
1,245

23, 557
7,680
437
1,892
2,123
4,127
1,955
1,252

21, 766
7,455
419
1,585
1,901
3,588
1,837
1,099

23, 275
7,729
438
1,819
2,041
3,940
1,884
1,160

24,546
8,251
423
1,981
2,186
4,204
1,897
1,221

24,475
8,115
412
1,956
2,174
4,109
1,905
1,321

23, 664
7,997
420
1,863
2,077
3,923
1,910
1,239

22, 546
7,732
414
1,702
2,020
3,634
1,912
1,240

' 22, 121
' 7, 327
376
' 1, 626
' 2, 070
' 3, 749
' 1, 855
' 1, 227

Shipments (seas, adj.), totalcf
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, stfel mills
Fabricated metal products
Machinery except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products

do

48,356

48,446

48,755

50,014

do
do
do
do
do
do
do
do
do
do

26, 711
1,303
4,056
2,158
2,789
4,647
3,560
6,703
3,821
888

26, 844 26,888
1,330
1,257
4,119
4,263
2,194
2,165
2,814
2,813
4,685
4,678
3,473
3,578
6,689
6,746
3,701
3,766
892
903

Shipments (not seas, adj.), totalcf

I

21,645 21, 602 21, 867
Nondurable goods industries total 9
do
7,112
7,095
7,066
Food and kindred products
do
394
402
413
Tobacco products
do
1,741
1,722
1,780
Textile mill products
do
1,952
1,900
1,913
Paper and allied products
do
3,619
3,664
3,697
Chemicals and allied products
do
1,856
1,803
1,808
Petroleum and coal products
do
1,161
1,086
1,095
Rubber and plastics products...
do
2
' Revised.
i Based on data not seasonally adjusted.
Advance estimate; total mfrs.
shipments for Feb. 1969 do not reflect revisions for selected components.
§ The term
"business" here includes only manufacturing and trade; business inventories as shown
on p. S-l coyer data for all types of producers, both farm and nonfarm. Unadjusted data for
manufacturing are shown below and on p. S-6; those for wholesale and retail trade on pp. S-ll
and for
S-12.
<f Series revised to reflect benchmarking manufacturing data to 1961-66 annual
Digitized
FRASER
surveys of manufactures, and to reflect revision of the retail sales sample. Complete details



23, 793
7,733
398
1,741
2,224
4,004
1,946
1,365

50,729

51, 425

49, 825

51, 441

52,560

52, 548

51, 494 ' 52, 801 53, 488

27,509 27, 633
1,329
1,263
4,423
4,603
2,288
2,504
2,841
2,811
4,657
4,749
3,475
3,601
7,020
6,801
4,092
3,879
944
923

28,211
1,280
4,741
2,720
2,898
4,740
3,503
7,148
3,874
926

26,837
1,295
3,662
1,516
2,799
4,853
3,503
6,906
3,966
969

27, 985
1,347
3,963
1,626
2,859
5,075
3,545
7,227
4,188
999

28,960
1,390
4,220
1,835
3,005
5,194
3,529
7,555
4,329
989

28, 786
1,334
4,180
1,807
2,896
5,185
3,586
7,568
4,238
1,028

27, 742
1,352
4,152
1,894
2,793
5,009
3,511
6,845
3,722
984

' 29, 325 '29,900 229,500
' 1, 414 1, 455
' 4, 508 '4,600 24,600
' 2, 089 2.102
' 2, 961 3,012
' 5, 222 5.377
' 3, 620 3,715
' 7, 284 '7,500 2 7, 200
' 4, 117 4,203
' 1, 089 1,101

23,096
7,499
399
1,804
2,045
3,966
1,911
1,182

23,214
7,754
408
1,867
2,056
3,881
1,824
1,210

22,988
7,721
418
1,746
2,016
4,014
1,869
1,197

23, 456
7,812
411
1,848
2,117
4,061
1,884
1,221

23,600
7,869
421
1,805
2,112
4,061
1,890
1,276

23, 762
8,003
418
1,788
2,089
4,139
1,919
1,279

23, 752
7,930
420
1,804
2,109
4,065
1,925
1,286

'23,476
' 7, 669
414
' 1, 790
' 2, 172
' 3, 935
' 1, 894
' 1, 301

22, 505
7,267
421
1,804
2,023
3,811
1,824
1,204

23, 533
7,715
414
1,729
2,204
3,989
1,945
1,348

sampie. rtevisea manuiaciurmg ana traae saies umadj. data back to 1961 and seas. adj. data
for 1961-64) and inventories back to 1961 (except inventory-sales ratios) appear on p. 22 ff.
of the Nov. 1968 SURVEY; revisions for 1965-67 for seas. adj. mfg. and trade sales and seas. adj.
retail sales will be shown later.
1 Revised series; see corresponding note on p. S-12.
*New series.
9 Includes data for items not shown separately.

SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1

1968

Annual

April 1969

1968
Feb.

Mar.

Apr.

May

June

July

1969

Sept.

Aug.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERScf— Continued
Shipments (seas, adj.)— Continued
By market category:
Home goods and apparel
mil. $
Consumer staples
do __
Equipment and defense prod., excl. auto. do
Automotive equipment
do
Construction materials and supplies
do __
Other materials and supplies _
do __
Supplementary market categories :
Consumer durables
do
Defense products (old series)
do
Defense products*
do
Machinery and equipment .
- do

51, 206
06,412
84, 149
48, 769
42, 916
15,090

i 55, 126
115, 551
i 96, 115
i 54, 048
i 48, 587
234, 291

4,504
9,090
7,687
4,285
3,941
8,849

4,437
9,094
7,756
4,235
3,916
19, 008

4,565
9,149
7,763
4,209
3,988
9,081

4,825
9,346
7,743
4,622
3,966
19, 512

4,908
9,549
7,803
4,401
3,972
0,096

4,865
9,862
8,277
4,430
4,052
19, 939

4,519
9,831
8,015
4,559
3,998
18,903

4,551
9,905
8,234
4,771
4,248
9,732

4,559
0,126
8,483
4,919
4,304
0,169

4,407
0,257
8,609
4,821
4,221
0,233

23, 461
39, 279
63, 709

i 24, 031
i 46, 201
i 23, 917
i 68, 757

2,025
3,739
2,063
5,560

1,997
3,838
2,050
5,567

2,001
3,719
1,928
5,633

2,035
3,763
1,948
5,578

2,023
3,788
1,905
5,657

2,049
4,126
2,217
5,589

1,939
3,742
1,823
5,682

1,990
3,839
1,884
5,921

2,032
4,060
2,070
5,926

1,927
4,078
2,042
6,140

Inventories, end of year or month:
Book value (unadjusted), totaled- Durable goods industries, total _. _
Nondurable goods industries, total

82, 561
53, 217
29, 344

88, 239
57, 034
31, 205

4,012
4,285
9,727

84, 304
54, 585
29, 719

5,069
5,208
9,861

85, 828
55,731
30, 097

5,775
5,756
0,019

85,314
55, 128
30, 186

86,247
55,897
30,350

6,409
6,141
0,268

6,887
6,265
0,622

7,382
6,497
0,885

88, 239
57, 034
31, 205

89, 179
57, 789
31, 390

89, 934
58, 384
31, 550

82, 819

88, 579

3,408

83, 759

4,382

85, 278

5,582

85,829

86,713

7,109

7,566

7,947

88, 579

88, 905

89, 335

53, 540
1,952
7,644
4,319
5,465
10, 905
8,157
12, 679
3,827
2,013

57, 422
2,219
7,552
4,039
6,287
11,310
8,560
13, 939
4,257
2,183

4,009 54, 295
1,949
1,930
7,674
7,715
4,318
4,322
5,542
5,585
0,808
0,843
8,224
8,261
2,975
3,108
3,981
4,073
2,034
2,044

4,724 55, 234
1,940
1,927
7,724
7,657
4,341
4,302
5,691
5,823
0,954 11, 061
8,400
8,291
3,263 13, 430
4,139
4,118
2,033 2,025

5,442
1,957
7,506
4,109
5,963
1,107
8,352
3,603
4,172
2,042

55, 461
1,997
7,255
3,831
6,077
11,132
8,463
13, 494
4,280
2,056

56,069
2,003
7,433
3,994
6,102
11,174
8,448
13,761
4,411
2,061

6,458
2,029
7,502
4,065
6,121
1,213
8,502
3,889
4,248
2,067

56, 657
2,064
7,426
3,985
6,229
11, 147
8,524
13, 891
4,257
2,105

6,953 57, 422
2,153
2,219
7,504
7,552
4,010
4,039
6,229
6,287
1,222 11,310
8,528
8,560
3,844 13,939
4,221
4,257
2,122
2,183

57, 879 58, 105
' 2, 289 2,341
' 7, 528 7,492
r 4, 019
4,005
' 6, 289 6,114
11,528 11, 712
8,582
r 8, 551
14, 076 14, 231
' 4, 308 4,287
' 2, 240 2,288

15, 592
2,815
4,785
2,968
24, 675
2,671
9,021
8,527
13, 273
2,158
5,256
1,184

16, 637
2,787
4,821
3,402
26, 357
2,547
9,472
9,162
14, 428
2,218
5,577
1,375

5,648
2,772
4,692
3,106
4,926
2,621
9,125
8,647
3,435
2,281
5,215
1,222

5,840
2,796
4,721
3,204
25, 078
2,629
9,183
8,714
13, 377
2,290
5,200
1,190

6,071
2,821
4,800
3,260
25, 214
2,621
9,210
8,801
13, 439
2,282
5,235
1,202

16, 379 16, 498
2,872
2,832
4,903 4,876
3,295 3,379
25, 392 25, 490
2,570
2,505
9,243 9,260
9,044
8,941
13, 463 13, 454
2,215
2,169
5,315
5,323
1,194
1,180

16, 753
2,833
4,907
3,450
25, 237
2,387
9,273
8,845
13, 471
2,035
5,415
1,199

16,781 16,704
2,876
2,853
4,850
4,867
3,436
3,496
25,544 25, 772
2,486
2,469
9,305
9,311
9,128
8,981
13,744 13, 982
2,140
2,111
5,560
5,444
1,325
1,284

16, 763
2,850
4,816
3,403
25, 825
2,451
9,319
9,146
14, 069
2,125
5,536
1,342

6,676
2,783
4,830
3,366
6,085
2,536
9,391
9,139
14, 192
2,185
5,529
1,339

16, 637
2,787
4,821
3,402
26, 357
2,547
9,472
9,162
14, 428
2,218
5,577
1,375

16, 706
'2,800
4,862
' 3, 348
'26,631
r 2, 506
••9,611
' 9, 289
'14,542
' 2, 222
r 5, 606
' 1, 439

16, 525
2,751
4,924
3,307
26, 944
2,494
9,755
9,475
14, 636
2,247
5,615
1,449

31, 157 29, 399
7,370
7,128
2,261
2,263
3,539 3,338
2,384
2,234
5,937
5,574
2,118
1,956
1,801
1,611

29, 464
7,110
2,248
3,389
2,236
5,621
1,970
1,620

29, 658
7,081
2,251
3,393
2,261
5,651
1,955
1,668

30,044
7,226
2,261
3,406
2,284
5,698
1,981
1,674

30, 140 30,368
7,262
7,376
2,276
2,278
3,392
3,440
2,326
2,338
5,664
5,708
2,021
2,047
1,704
1,693

30,644
7,434
2,259
3,474
2,327
5,751
2,066
1,748

30, 651
7,423
2,219
3,477
2,331
5,793
2,083
1,733

30,909 30, 994 31, 157
7,417
7,491
7,370
2,231
2,211
2,261
3,470 3,425
3,539
2,351
2,384
2,359
5,882
5,871
5,937
2,136
2,114
2,118
1,833
1,731
1,801

'31,026
' 7, 264
' 2, 219
' 3, 507
' 2, 403
' 5, 977
'2,068
' 1,811

31, 230
7,264
2,212
3,522
2,413
6,081
2,076
1,828

11, 598
4,855
14, 704

11, 249
4,497
13, 653

11, 128
4,508
13,829

11,228
4,522
13,909

11,312
4,604
14, 128

11,333
4,619
14, 188

11,366
4,682
14, 320

11,508
4,729
14,407

11,511
4,679
14, 461

11,609
4,724
14, 576

11,512
4,752
14, 730

11, 598 '11,497
4,855 ' 4, 991
14,704 '14,538

11,479
5,010
14, 741

9,469
11, 786
22, 191
5,199
7,410
32, 524

8,701
11,392
20, 995
4,833
6,554
30, 933

8,713
11, 346
21, 089
4,907
6,559
31, 145

8,838
11, 360
21,250
4,996
6,609
31, 329

8,927
21, 595
4,997
6,686
31, 559

8,853
11, 532
21, 769
5,042
6,754
31,632

8,932
11, 675
21, 604
5,167
6,887
31, 564

9,043
11,714
21,774
5,306
6,944
31,932

9,206
11,709
21,988
5,172
6,969
32,065

9,327
11, 789
21, 943
5,195
7,129
32, 183

9,460
11, 758
22, 018
5,134
7,236
32, 341

9,469
11, 786
22, 191
5,199
7,410
32, 524

' 9, 360
'11,696
'22,475
' 5, 281
' 7, 538
'32,555

9,491
11, 774
22, 652
5,284
7,470
32,664

4,645
11, 513
7,126
14, 038

4,371
10, 486
6,696
13, 589

4,369
10, 537
6,677
13, 663

4,359
10, 612
6,862
13, 759

4,386
10, 872
7,025
13, 873

4,344
10,945
7,105
14,000

4,446
10,958
6,987
13, 851

4,498
11,146
7,138
13,846

4,643
11,404
7,287
13, 873

4,671
11,410
7,233
13, 851

4,727
11, 458
7,251
13, 881

4,645
11,513
7,126
14, 038

' 4, 579
'11,571
' 7, 227
'14,308

4,708
11, 634
7,303
14, 436

53,605
29,052
24, 553

55, 022
30,536
24, 486

52, 136
28, 471
23, 665

51, 134 '50,638 54, 996
28, 650 '28,531 '31,100 23Y,000"
22, 484 '22,107 23, 875

53,101 '53,119

do
_do
do

Book value (seasonally adjusted) total cf do
By industry group:
Durable goods industries total 9
do
Stone, clay, and glass products
do
Primary metals
do
Blast furnaces, steel mills . . do
Fabricated metal products
do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products, -do
By stage of fabrication^
Material^ and supplies 9
do
Primary metals
do
Machinery (elec. and nonelec.)...do
Transportation equipment
do
Work in process 9
do
Primary metals
do
Machinery (elec. and nonelec.).._do
Transportation equipment
do
Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.)_..do

i

29, 279
Nondurable goods industries, total 9 -.do
7,094
Food and kindred products
do
2,269
Tobacco products
do
3,232
Textile mill products
do
2,190
Paper and allied products
do
5,600
Chemicals and allied products
do
1,971
Petroleum and coal products
do
1,601
Rubber and plastics products
do
By stage of fabrication:
11, 247
Materials and supplies
do
4,496
\VorV in process
do
13, 536
Finished goods
do
By market category:
8,589
Home goods and apparel
do. .
Consumer staples.
do. ._ 11,297
20, 955
Equip, and defense prod., excl. auto do
4,640
Automotive equipment... _
_ _ _ .do
6,445
Construction materials and supplies
do._.
30, 893
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
4,333
Defense products (old series)
do. . . 10, 307
Defense products*
_ _
..do _
13, 689
Machinery and equipment
__do

New orders, net (not seas, adj.), total d"
Durable goods industries, total
Nondurable goods industries, total

do
do__.
do__.

551, 138
302, 265
248, 873

607, 161
334, 422
272, 739

49,538
27, 593
21, 945

51, 879
29, 706
22, 173

50, 453
28, 172
22, 281

49, 511
27, 179
22, 332

52, 469
28, 866
23,603

46, 738
24, 951
21, 787

48,449
25,316
23,133

New orders net (seas adi ) totals
By industry group:
Durable goods industries, total 9
Primary metals..
Blast furnaces, steel mills
Fabricated metal products.
Machinery, except electrical
Electrical machinery. _
Transportation equipment
Aircraft, missiles, and parts

do

1551,138 1607,161

48, 453

49, 566

49, 237

49, 650

49, 850

50,181

50, 201

51, 877

53,93

53, 100

27, 329
3,491
1,400
2,917
4,766
3,50
7,479
2,492

28,38
4,09
1,68
3,10
5,18
3,668
6,99
2,09

30,28
4,39
1,99
3,27
5,40
3,75
7,764
2,74

29, 325
4,475
2,120
3,225
5,134
3,505
7,589
2,654

do__
do..
do_.
do._
do._
_ _ _ do
do..
do

302, 265
45, 393
23, 037
32, 557
51,714
41, 749
76, 849
28, 620

334, 422
49, 790
24, 380
35,27
58,28
42,33
86,79
31,51

26, 814
4,364
2,401
2,719
4,541
3,642
6,662
2,464

28,005
4,244
2,262
2,775
4,464
3,530
8,089
3,78

27, 373
4,244
2,396
2,819
4,658
3,366
7,326
3,173

27, 172
3,900
2,01
2,94
4,66
3,31
7,34
2,90

26, 701
3,867
1,755
2,824
4,810
3,725
6,259
1,616

26, 925
3,859
1,791
2,755
4,923
3,476
6,749
2,396

4,569 '4,849
10, 228 'r 9, 945
8,182
8, 764
4,275 ' 4, 642
4,218 ' 4, 444
20,022 r 20, 157

4,746
9,941
8,894
4,731
4,638
20, 538

2,033 ' 2, 153 2,175
3,830 ' 3, 971 4,036
2,080 ' 1, 875 1,871
5,959 r 6, 102
6,313

29, 380
4,345
1,941
3,195
5,210
3,656
7,578
2,755

'29,684
' 4, 675
' 2, 124
' 2, 755
' 5, 350
' 3, 581
' 7, 487
' 2, 690

54, 051

'30,500 2 29,200
'4,700 24,700
2,085
2,809
5,465
3,777
' 7, 800 26,700
3,129

23, 775 23, 721 '23,435 23, 567
23,65
23,49
23, 149 23, 256 22,87
21, 864 22,47
Nondurable goods industries, total
do
21, 639 21,56
248, 873 272, 73
6,447
6,51
6,523
6,43
5,95
6,451 ' 6, 494
6,304
6,271
6,041
6,13
74,34
5,88
Industries with unfilled orders©
do..
66, 285
5,979
17, 328 17,270 '16,941 17,044
17,13
17,06
16,91
16,
952
16,
878
16,34
15, 823
Industries without unfilled ordersf
do..
182, 588 198, 39
15, 660 15,67
By market category:
4,595 ' 4, 816 4,802
4,425
4,57
4,60
4,46
4,838
5,089
4,512
4,73
4,564
4,44
Home goods and apparel
_.
___do._
150,966 i 55, 17
9,945
10, 256 10, 220 ' 9, 945
10,12
9,93
9,82
9,874
9,568
9,35
Consumer staples _
do
9,151
9,10
U06,416 1115,59
9,091
8,649 '9,043 9,462
8,370
9,52
8,49
7,888 8,14
7,579
7,909
8,284
8,94
Equip, and defense prod., excl. auto
do..
7,624
98,60
186,057
4,746
'
4,
710
4,639
4,864
4,69
4,98
4,64
4,431
4,408
4,241
4,55
Automotive equipment
do
4,29
148,306
54,55
4,231
4,508 ' 4, 333 4,519
4,510
4,50
4,48
4,13
3,956
4,080
4,09
3,989
49,52
3,826 3,86
Construction materials and supplies
_do._
144,019
20,
577
'20,272
20,
490
20,
675
20,50
19,38
19, 060 19,009 19, 126 19, 194 18,98
Other materials and supplies
do
1215,374 1233,71
19, 117 18,90
Supplementary market categories:
22,200
'2,200
'
2,
128
c
2,
084
1,973
2,03
2,03
1,88
2,034
2,207
1,96
1,944
Consumer durables
.
_ ...
do
24,12
1,99
2,08
123,257
3,895 c 4, 198 ' 4, 025 '4,400 23,400
4,40
3,55
3,91
2,963 3,666
4,01
4,428
Defense products (old series) . . _ .
do
3,86
5,07
142,473 47,40
21,700
'2,300
'
1,
844
1,953
'2,314
2,38
1,91
2,35
1,914
2,059
2,26
1,466
Defense products*
.
do
1,59
1,31
6,089 c 6, 237 ' 6, 204 '6,500 26,300
6,55
5,91
6,02
5,714
5,968
5,44
5,492
Machinery and equipment .
do
5.380
5.38
162.999 i 69. 65
r
2
Revised.
i Based on data not seasonally adjusted.
Advance estimate; total mfrs.
,FOTthe»lndii?£?^^^
new orders for Feb. 1969 do not reflect revisions for selected components.
cfSee correproducts,
petroleum and coal products, chemicals and allied products, and rubber and piasucs
sponding note on p. S-5.
*New series; see corresponding note on p. S-7.
9 Includes
products)
sales are considered equal to new orders.
data for items not shown separately.
© Includes textile mill products, leather and products,
paper and allied products, and printing and publishing industries; unfilled orders for other




SURVEY OF CUEEENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

Annual

S-7
1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

' Sept.

Dec.

Jan.

Mar.

Feb.

Oct.

Nov.

85,003
81, 951
3, 052

85, 938 ' 87,126 88,007
82, 946 ' 84,150 '85,000 185,000
2,992 ' 2 976 3,059

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERSK-Continued
Unfilled orders, end of year or month (unadjusted),
total!
... . _
mil. $
Durable goods industries, total
do
Nondur goods ind with unfilled orders©
do

82, 499
79, 480
3 019

85,
938
89 946
9 999

83, 867
80 796
3 071

85, 255
82 212
3 043

Unfilled orders, end of year or month (seasonally
adjusted), totalf.
mil. $
By industry group:
Durable goods industries, total 9
do
Primary metals _ _ _ _ _ _
do
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment . _ _
_
do
Aircraft, missiles, and parts
do

83, 686

87, 152

83, 689

84, 809

80, 578
7,019
3,644
8,976
14 551
13, 235
31,031
25 682

84, 071
6,327
3 100
10, 114
14 790
13 210
33, 670
26 858

80, 593
7,739
4 299
8,815
14 397
13 022
31, 006
25 755

3 108

3 081

3 096

Nondur. goods ind. with unfilled orders©
By market category:
Home goods apparel consumer staples
Equip, and defense prod incl auto
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
.
Defense products (old series)
Defense products*
Machinery and equipment

do
do
do
do
do

2
44
9
27

do
do
do
do

1 698
31 888

BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
_ do
INDUSTRIAL AND COMMERCIAL
FAILURES tf
Failures, total __
number
Commercial service
_.
do
Construction.. _
do
Manufacturing and mining
_
do
Retail trade
do
Wholesale trade..
do
Liabilities (current), total
Commercial service __
Construction
Manufacturing and mining
Retail trade
Wholesale trade

thous $
do
do
do
do
do

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

125
304
313
944

2
47
10
27

290
300
279
353

2
43
9
28

085
853
047
704

83,700
80, 667
3 033

84, 358
81,318
3 040

85, 357
82, 307
3 050

82, 806

83, 184

83, 617

84, 991

85, 539

87, 152 ' 87,469

80, 970
6,586
3,575
8,895
14 225
12 829
32, 767
27 288

79 684
5,704
2 645
8,752
14 408
12 803
32, 368
26 922

80, 177
5,533
2,529
8,870
14, 321
12, 801
32, 941
27, 012

80, 572
5,662
2,585
9,115
14 430
12, 923
32,709
26,604

81, 894
5,840
2,740
9,381
14, 637
13, 148
32, 918
26, 670

82, 429
6, 133
3, 053
9,711
14, 589
13, 065
32, 936
26, 599

84, 071
6,327
3,100
10, 114
14, 790
13, 210
33, 670
26, 858

3 078

3 122

3,007

3,045

3,097

3, 110

3,081

84, 555
81, 446
3 109

83, 861
80, 706
3 155

85, 291

84, 927

84, 048

81 754
7,864
4 396
8 777
14 183
12 974
32 349
27 014

82, 239
7,845
4,598
8,782
14 156
12, 867
32, 986
27 697

81, 902
7,322
4,324
8,882
14 164
12, 705
33, 309
28 140

3 055

3 052

3 025

2 104
45 104
8 997
28 604

2 053
45 657
8 998
28 583

1 970
45 755
9 122
28 080

2
45
9
27

1
33
20
20

609
728
622
643

1 536
33 976
20 941
20 512

85, 640
82, 550
3 090

83, 220
80 044
3 176

88, 035

184,700
' 84,431 '85,000
r
6,600 16,600
r 6, 494
3,118
' 3, 134
9,704
' 9, 908
T
14,919 15, 008
' 13,170 13, 232
' 33,873 '34,300 133,800
' 26,953 27, 427
r

3, 038

3,073

154
151
133
368

2 091
45,368
9,270
26, 455

2
45
9
26

165
843
504
105

2 182
46, 662
9,700
26 447

2, 199
46, 468
9,990
26 882

2,220 ' 2 186 2,243
47,300 r'47 649 48, 234
10, 279 10 169 10, 051
27 353 r 27 465 27, 507

1 720
33 151
21 095
20 823

1 705
32 690
20 792
20 951

1,650
32,860
21, 324
21, 295

1 692
32 577
21 358
21, 287

1,693
32 925
21 672
21, 912

1, 738
32 740
21 584
21, 862

1,790 r 1, 795
33 108 * 33 163
21,818 r 21 786
22, 141 ' 22,242

1,835
33,647
22, 162
22,274

170
538
230
110

2
45
9
26

21 243

1 790
33 108
21 818
22, 141

1 669
31 784
21 822
20 969

1
33
21
20

206 569

233 635

17 910
18 014

19 520
17 974

19 641
18, 659

19 940
18 796

18 670
19 197

19 733
19 530

19, 052
20, Oil

19 015
20, 986

21 636
21, 394

17 770
21, 155

20 310
20, 272

24 327
20, 578

20 811
22, 199

12, 364
1,329
2 261
1,832
5 696
1,246

9,636
1,106
1,670
1,513
4,366
981

832
85
129
142
388
88

1 021
119
188
143
472
99

1 003
133
152
153
454
111

909
92
168
150
393
106

751
92
140
128
317
74

810
88
134
119
380
89

734
87
129
105
344
69

705
68
112
126
320
79

768
92
151
111
347
67

696
87
115
97
341
56

563
73
93
90
256
51

689
65
101
121
325
77

731
79
127
112
353
60

1,265,227
144, 965
323 680
325, 869
334 279
136, 434

940, 996
87, 289
212, 459
291, 700
220 223
129 325

602
913
786
377
048
478

88 593
10, 738
16 924
24 110
25 486
11 335

80 107
7,971
10 483
22 662
23 277
15 714

91,411
4,618
17 397
33, 120
23 345
12 931

269
942
275
589
740
723

65, 766
6,525
14, 595
22, 113
14 098
8,435

58 651
5,857
15 703
15, 951
13 721
7,419

65 384
6,631
18 001
13, 512
17 594
9 646

58, 651
7,949
8, 157
20, 482
16 908
5, 155

83 414
5,862
11 394
48, 285
12 252
5 621

75, 027
5,674
10, 068
27, 256
23 406
8,623

89, 993
12, 323
15 411
30, 951
20 494
10, 814

37 5

44 3

43 5

40.9

41 0

36 5

40.3

37.5

35.7

29 9

32.0

35.6

2

49.0

2

38 6

79
6
19
24
19
9

666
019
083
784

74
6
25
15
14
12

657
885
378
368
415
611

36 9

90
9
31
20
19
8

I

COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products}
1910-14 = 100__
Crops9
do
Commercial vegetables
do
Cotton
do
Feed grains and hay
do
Food grains
do
Fruit
do "
Tobacco .
do
Livestock and products 9
do
Dairy products
...
do
Meat animals
do
Poultry and eggs
do
Prices paid:
All 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
Parity ratio §
do
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted indexes:
All items
1957-59-100
Special group indexes:
All items less shelter
do
All items less food
do
All items less medical care
do "
Commodities. __
do
Nondurables__ _ _ _
do
Nondurables less food
do
Durables 9
_
do
Commodities less food
do
Services
do
Services less rent
do

253
224
284
191
174
177
225
555
277
305
336
132

260
228
315
189
159
160
292
567
288
318
346
141

257
228
342
168
165
173
273
560
282
314
342
131

258
229
348
164
165
173
294
560
282
308
345
132

259
232
365
166
164
167
298
563
282
305
348
127

260
235
333
179
166
167
303
563
281
305
348
124

259
229
292
176
163
156
302
563
285
300
354
134

260
221
288
170
157
150
266
563
294
307
364
142

261
226
270
219
147
149
308
576
291
315
353
144

267
230
272
222
151
150
347
577
299
329
352
165

262
228
275
224
148
155
326
570
291
335
340
148

262
227
318
204
156
159
279
570
292
340
337
154

262
221
327
182
159
155
244
584
296
337
343
162

263
220
333
163
162
155
251
578
299
332
349
166

267
225
339
166
165
156
265
583
302
330
362
156

272
229
348
173
164
156
279
583
308
323
375
160

302
321
287

310
335
292

306
330
290

'308
330
r 292

309
333
292

310
335
293

311
335
293

311
336
293

310
337
291

311
338
292

312
339
292

314
341
294

315
341
296

315
342
296

318
344
299

321
347
303

342
74

354
74

349
74

350
74

353
73

354
73

354
73

355
73

354
74

355
75

358
73

360
73

360
73

363
72

365
73

369
74

116 3

121 2

119 0

119 5

119 9

120 3

120 9

121 5

121 9

122 2

122 9

123 4

123 7

124. 1

124.6

119 1
115 9
120 6
118 5
119.6
121 9
119 7
120 6
116 8
120 2
115 0
119 7
117 6
118 1
118 5
111 2
114 3
115 3
113 5
113 9
116 4
118 4
114 0
117 3
116 9
117 7
116 4
113 1
115 6
116 1
104 3
107 5
106 4
106 9
106 6
112 2
113 2
109 2
111 5
111 9
132 5
127 7
134 3
132 1
131 3
135.2
131.1
138.6
136.1
136.6
' Revised.
i Advance estimate; total mfrs. unfilled orders for Feb. 1969 do not reflect
revisions for selected components.
2 Based on unadjusted data.
H See note marked
cf on p. S-5.
© See corresponding note on p. S-6.
9 Includes data for items not
snown separately.
*New series. Based on separate reports on defense work filed by large
defense contractors in ordnance, communications, complete aircraft, aircraft parts, and shipbuilding industries. It differs from the old series in that it includes defense activity in shipbuilding and excludes nondefense work in ordnance, communications, complete aircraft, and




123.1
123.5
121 2
122.7
122 2
122 5
120 0
120 4
120 8
121 5
124 9
125.6
124 7
122 1
122 6
123 8
124 4
121 6
121 0
123 0
123.0
122.5
122 2
120 5
121 5
121 9
119 5
120 1
118 9
120 8
117.4
117.8
117 2
114 7
115 1
115 5
115 9
116 8
117 1
116 1
121 0
121.1
118 7
119 2
120 2
120 3
117 8
118 2
120 7
119 6
120.5
120 1
120 2
117 0
117 5
117 6
119 7
118 1
118 9
120 3
109.7
108.6
107 4
109 3
107 6
107 7
108 7
106 9
107 6
108" 5
115.7
112 5
115 2
115 0
113 0
115 3
113 2
113 5
114 7
113 9
139.7
139 0
133 0
133 9
136 6
137 4
134 9
135 5
136 0
138 1
144.6
142.0
143.9
139.3
141.2
142.9
137.1
138.1
140.0
140.5
aircraft parts. Further details appear in the Aug. 1968 issue of the Census Bureau Current
Industrial Report, Series: M3-1.
cf Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
} Revisions for Jan. 1964-Mar. 1967 (back to Jan. 1959 for all farm products, all crops,
commercial vegetables, and fruit) are available from the Dept. of Agriculture, Statistical
Reporting Service.
§ Ratio of prices received to prices paid (parity index).

SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

April 1969
1969

1968

1968

Annual

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

122.0
115.6
122.7
127.0
122.7
128.2
116.9
132.7
111.7
116.7
110.2
115.2
123.4
120.7
117.9
102.3
115.5
144.8
133.3
150.2
123.7
128.4

121.9
116.2
122.8
124.7
123.3
128.9
117.2
133.6
111.8
116.9
110.2
115.8
123.9
122.0
119.3
102.3
122.6
145.5
133.7
151.3
124.1
128.4

Mar.*

COMMODITY PRICES—Continued
CONSUMER PRICES-Continued
(U.S. Department of Labor Indexes— Continued)
Unadjusted indexes— Continued
Food 9
1957-59 = 100
Meats poultry and
fish
do
Dairy products
do
Fruits and vegetables ._
do
Housing
do
Shelter 9
do
Rent
do
Home ownership
do
Fuel and utilities 9
_ _
_ _ do
Fuel oil and coal
do
Gas and electricity
do
Household furnishings and operation. do_ __
Apparel and upkeep
do
Transportation _.
do
Private
do
New cars
do
Used cars
.
do
Public
do
Health and recreation 9
do
Medical care . _ _
. d o
Personal care
do
Reading and recreation
do
Seasonally adjusted indexes:
Food
do
Apparel and upkeep
do
Transportation
-_ do
WHOLESALE PRICES^1
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities
1957-59=100
9 Foodstuffs
do
13 Raw industrials
do
All commodities
By stage of processing:
Crude materials for further processing
Intermediate materials, supplies, etc
Consumer finished goods
Producer finished goods
By durability of product:
Durable goods
Nondurable goods
Total manufactures...
Durable manufactures
Nondurable manufactures __ _
Farm prod., processed foods and feeds

do

115.2
111.2
116.7
117.5
114.3
117.9
112.4
120.2
109.0
111.6
108.5
108.2
114.0
115.9
113.9
98.1
121.5
132.1
123.8
136.7
115.5
120.1

119.3
113.7
120.6
126.8
119.1
123.6
115.1
127.0
110.4
115.1
109.5
113.0
120.1
119.6
117.3
100.8
138.3
130.0
145.0
120.3
125.7

117.4
112.0
118.5
124.9
116.9
120.8
113.9
123.5
109.8
113.8
109.3
111.2
116.6
118.6
116.4
100.8
123.6
136.2
127.5
141.9
117.6
123.0

117.9
113.1
118.7
126.1
117.2
121.0
114.2
123.8
109.9
113.9
109.3
111.8
117.6
119.0
116.7
100.6

118.8
113.0
120.2
130.7
117.8
121.6
114.6
124.3
110.3
115.3
109.5
112.5
119.5
119.1
116.8
100.3
126.7
137.3
129.2
144.0
119.6
125.3

119.1
113.2
120.9
130.0
118.7
122.9
114.9
126.1
110.3
115.4
109.4
112.9
119.9
119.7
117.4
100.1

120.0
114.0
121.0
132.2
119.5
124.2
115.1
127.8
110.6
115.7
109.5
113.1
119.7
119.8
117.6
99.8

120.5
115.3
121.5
128.2
120.1
125.0
115.4
128.8
110.7
115.7
109.7
113.3
120.3
120.0
117.7
99.1

137.1
128.3
142.9
118.4
124.2

118.3
112.7
118.8
128.3
117.5
121.3
114.4
124.0
110.0
114.0
109.5
112.2
118.4
119.0
116.8
100.3
126.3
137.2
128.8
143.5
119.0
124.9

138.4
129.7
144.4
120.1
125.6

138.5
130.2
145.1
120.4
125.9

117.6
117.2
119.1

118.1
117.8
119.5

118.7
118.5
119.1

119.4
119.3
119.2

119.2
119.9
119.8

120.9
115.4
122.3
123.4
120.9
126.0
116.0
130.0
110.4
115.9
109.1
114.2
123.3
120.6
118.4
102.8

120.5
114.6
122.6
123.8
121.7
126.9
116.3
131.1
111.3
115.9
109.9
114.8
124.0
121.2
118.9
103.8

138.6
130.5
145.5
120.9
126.3

120.4
115.5
121.6
122.9
120.4
125.3
115.7
129.1
110.5
115.8
109.3
113.9
122.2
119.5
117.2
98.4
126.7
138.7
131.1
146.4
121.5
126.7

138.7
131.9
147.4
122.1
127.5

139.4
132.4
148.2
122.8
128.0

121.2
114.4
122.6
126.4
122.3
127.6
116.7
132.0
111.5
116.2
110.0
115.1
124.3
120.2
117.5
102.7
118.7
144.3
132.8
149.1
123.4
128.2

119.0
120.3
119.6

119.7
121.0
120.0

120.0
122.1
119.7

120.9
122.7
120.4

121.0
123.1
120.7

121.6
123.7
120.2

122.2
124.1
120.5

122.1
124.5
122.5

93.5
92.3
94.4

93.7
92.2
94.9

94.5
92.2
96.1

95.2
92.0
97.5

98.1
95.1
100.3

98.8
96.1
100.7

100.8
97.1
103.4

103.0
98.5
106.3

104.1
100.2
106.9
111.7

'98.1
194.7
»100.4

195.7
192.8
197.8

96.4
92.2
99.5

97.0
92.7
100.1

96.0
92.8
98.3

94.8
92.9
96.1

94.2
92.2
95.6

106.1

108.7

108.0

108.2

108.3

108.5

108.7

109.1

108.7

109.1

109.1

109.6

109.8

110.7

111.1

102.6
107.9
111.9
110.7
115.2

100.8
107.9
111.4
110.0
115.4

100.9
108.3
112.0
110.7
115.7

100.2
108.5
112.0
<110. 6
116.4

101.5
108.6
112.5
111.0
116.9

101.3
109.2
112.6
111.1
117.1

102.8
110.1
113.2
111.8
117.6

103.8
110.7
113.3
111.7
117.8

113.1
107.0
110.3
113.4
107.2

113.6
107.1
110.5
113.9
107.2

114.6
107.8
111.3
114.8
107.9

115.4
108.0
111.7
115.6
108.0

do
do

99.6
105.6
108.2
107.0
111.5

101.1
108.0
111.3
109.9
115.3

100.9
107.6
110.2
108.9
114.2

101.6
107.7
110.4
109.0
114.4

101.4
107.9
110.5
109.0
114.8

102.0
107.7
110.9
109.5
114.9

101.4
107.8
111.3
110.0
115.1

do
do
_do.__
do
do

108.0
104.7
106.7
108.2
105.3

111.8
106.5
109.4
112.0
106.9

111.0
105.9
108.7
111.1
106.4

111.4
105.9
108.9
111.5
106.3

111.5
106.0
109.1
111.8
106.4

111.2
106.5
109.1
111.5
106.7

111.3
106.7
109.4
111.6
107.2

111.3
107.4
109.7
111.7
107.7

111.6
106.6
109.5
111.9
107.2

112.0
107.0
109.9
112.3
107.4

112.8
106.5
110.0
113.1
107.0

105.2

107.6

106.8

106.9

106.8

107.9

108.0

109.4

107.7

108.6

107.4

108.3

108.4

109.8

110.0

110.7

103.3
109.3
80.4
82.9
104.2

104.9
112.0
82.5
90.5
106.1

105.0
108.7
82.0
94.3
109.2

106.5

do
do

do

112.1

Farm products 9
. _
do
Fruits and vegetables, fresh and dried-do
Grains
do
Live poultry
do
Livestock
do

99.7
101.6
92.2
82.2
101.1

102.2
108.2
81.8
84.9
104.8

101.3
112.5
86.3
87.0
102.7

102.1
114.5
85.1
81.4
105.7

102.1
112.0
84.7
81.1
105.2

103.6
123.6
86.4
85.4
105.4

102.5
106.4
82.0
89.6
106.2

103.9
108.2
80.0
93.8
109.5

101.4
97.4
75.1
87.8
106.2

102.8
97.6
76.5
84.8
106.0

101.2
99.8
78.7
79.3
104.1

103.1
109.4
82.0
87.6
103.9

Foods and feeds, processed 9
— do
Beverages and beverage materials
do
Cereal and bakery products
__ __do
Dairy products
do._Fraits and vegetables, processed
do
M^eats poultry and
fish
do

111.7
106.5
117.1
122.0
107.2
105.0

114.1
109.6
118.2
127.6
114.1
108.3

113.3
108.6
117.4
124.0
113.8
107.6

112.9
108.9
117.4
123.3
114.4
107.0

112.8
109.5
117.3
125.9
114.6
105.8

113.6
109.4
117.1
128.9
114.6
107.0

114.6
109.4
117.0
128.7
114.8
109.8

115.9
109.5
118.4
128.8
114.7
113.6

114.9
109.8
119.3
128.8
113.6
109.7

115.3
110.0
119.0
129.1
113.6
111.2

114.4
110.5
119.4
130.1
114.0
106.9

114.7
110.6
119.3
130.0
114.1
107.7

114.7
110.6
119.3
130.4
113.3
107.3

116.0
110.8
119.3
130.1
113.6
111.1

116.3
111.1
119.3
130.2
114.5
111.4

116.4

106.3

109.0

108.3

108.6

108.8

108.6

108.8

108.8

108.9

109.2

109.7

109.9

110.2

110.9

111.4

111.9

Chemicals and allied products 9
do...
Agric. chemicals and chem. prod
do
Chemicals, industrial _.
_
... do. .
Drugs and Pharmaceuticals
do __
Fats and oils, inedible
_ ..do. _
Prepared paint...
do

98.4
103.6
97.4
94.0
81.3
109.3

98.2
99.7
98.4
93.3
73.9
114.6

98.1
100.6
98.5
93.0
76.7
113.2

98.6
101.2
98.7
93.4
80.0
114.1

98.8
101.6
98.8
93.4
80.9
114.4

98.7
101.6
99.0
93.4
78.4
114.4

98.5
101.3
98.6
93.5
72.8
114.4

98.2
101.3
98.2
93.4
69.1
114.4

98.1
99.4
98.4
93.2
71.2
114.4

97.9
98.7
97.9
93.0
68.5
115.2

97.8
98.1
98.0
93.3
69.9
115.2

97.8
96.7
97.9
93.5
73.4
115.9

97.7
96.4
97.9
93.6
69.8
115.9

97.6
92.9
98.1
93.4
72.2
118.2

97.8
92.2
98.1
93.4
73.6
118.2

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

103.6
103.2
100.7
133.6
102.2

102.4
106.7
101.5
123.8
100.3

102.5
105.0
101.1
133.3
99.5

102.0
105.5
101.2
126.5
99.5

102.4
105.4
101.3
125.0
100.3

102.4
105.2
101.3
123.6
100.5

103.7
105.3
101.3
123.3
103.1

103.3
105.4
101.2
120.8
102.8

102.6
105.5
101.8
120.6
101.0

102.5
105.8
101.8
120.8
100.9

101.9
108.3
101.9
120.4
99.3

102.0
111.0
102.0
120.4
99.2

102.2
112.7
102.1
120.9
99.0

102.4
112.7
102.0
124.4
98.9

102.7
112.7
102.2
124.0
99.5

Furniture and household durables 9
do...
Appliances, household
do _
Furniture, household
___ do Home electronic equipment
do

101.0
90.1
112.8
82.5

104.0
92.2
117.2
81.0

103.3
91.6
115.7
81.7

103.6
91.9
116.0
81.6

103.8
92.2
116.2
81.8

104.0
92.2
116.9
81.8

103.9
92.0
117.0
81.3

104.1
92.4
117.2
80.7

104.2
92.5
117.5
80.7

104.4
92.6
117.8
80.7

104.5
92.7
118.5
80.2

104.7
92.7
118.9
80.2

105.0
92.9
119.2
79.8

105.3
92.6
120.7
78.7

ol05. 4
92.5
121.0
78.7

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

115.8
122.1
94.0
110.5
105.4
108.4

119.5
127.9
99.6
112.6
119.3
127.2

116.7
125.5
89.5
108.9
111.6
117.1

117.9
125.6
99.3
110.3
113.9
120.3

118.3
126.6
95.6
111.5
115.8
123.6

118.8
127.0
98.2
112.5
117.0
125.3

118.7
127.1
95.1
112.8
117.2
125.0

119.5
127.3
101.5
113.8
119.2
127.7

119.5
127.2
102.8
113.6
120.5
129.8

120.7
128.8
106.6
114.1
122.6
131.5

122.3
131.3
105.6
115.1
124.9
133.4

122 .4
131.7
107.0
113.8
126.8
136.2

122.8
131.7
106.8
115.8
133.5
142.2

123.5
132.1
109.2
116.8
137.8
147.9

123.4
132.2
106.3
116.5
144.5
155.8

Industrial commodities

do

do_-_
do
do .
do.—
do
do

114.8
114.1
114.3
115.2
111.8
Machinery and equipment 9
__
do- _
126.2
126.1
127.1 125.8
122.3
Agricultural machinery and equip
do.__
128.9
128.3
127.7
129.6
122.7
Construction machinery and equip
do.._
103.0
102.6
102.7
103.0
101.8
Electrical machinery and equip .
do. .
127.6
127.3
126.6
128.6
123.8
Metalworking machinery and equip
do.-_
'Revised.
» Preliminary.
1 Computed by QBE.
9 Includes data for items not
shown separately.
cTFor actual wholesale prices of individual commodities, see respective




115.0
115.0
126.5
126.3
129.4
129.4
102.7
102.9
128.2
128.0
commodities.

115.4
116.1
116.6
115.2
115.8
129.3
127.0
127.8
126.8
127.7
132.1
129.0
131.5
129.2
130.3
103.2
103.6
103.1
102.7
102.9
130.4
130.0
129.3
129.7
129.1
©Goods to users, incl. raw foods and fuels.

117.0
116.7
130.1 131.2
133.5
132.7
103.5
103.5
131.0
130.5
c
Corrected.

117.3
131.6
133.6
103.5
131.1

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968 P

Annual

S-9
1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

111 3
95.4
104 8
121.7

112 2
95.5
106.7
121.5

112 5
95.6
106.7
121.9

112 4
95.8
106.0
122.4

112.8
96.0
106.1
123.5

114 4
96.1
107.5
127.2

115.2
96.3
108.0
128.9

Mar.

COMMODITY PRICES—Continued
WHOLESALE PRICESd"— Continued
(U.S. Department of Labor Indexes— Continued)
All commodities— Continued
Industrial commodities— Continued
Metals and metal products 9
1957-59 — 100
Heating equipment..
do
Iron and steel
do
Nonferrous metals __
do

109 6
92.6
103.5
120.9

112 4
94.9
105 5
125.3

113 3
93.8
105 7
131. 1

113 8
94.3
105.4
133.2

113.3
94.5
105.0
131.0

111 7
94.7
104 9
124.1

111 7
95.3
104.8
123.6

111 4
95.3
104.8
122.3

Nonmetallic mineral products 9
do
Clay prod., structural, excl. refractories
do
Concrete products
do
Gypsum products
do
Pulp, paper, and allied products
do
Paper..
do
Rubber and products..
do
Tires and tubes
do

104 3

108 1

106 9

107 3

107 4

107 8

108 3

108 4

108 7

108 7

108 9

109 2

109 3

110 6

111.2

110 1
105.3
102.4
104.0
110.0
97.0
96.2

113 1
108 0
105 5
105 2
112 7
100 3
99 2

111 9
106 8
105.1
105 7
111 9
99.5
98 7

112 0
107.0
105.1
105.2
111.9
99.7
98.7

112 1
107.5
105.1
105 2
112 1
99.7
98 7

112 5
107.6
105.1
105 5
113 5
99.8
98 7

112 3
108.2
105.1
104.7
112.7
99.9
98.7

112 5
108 1
105.0
104 9
113 0
100.7
100 9

113 7
108 5
106.6
104 9
113 0
100.6
99 5

113 7
108.6
106.6
105 1
113.1
100.7
99.5

114 2
109.1
106.2
105 2
113.1
101.0
99.5

115 2
109.2
106.2
105.2
113.4
101.1
99.5

115 4
109.5
106.2
105.2
113.4
101.1
99.5

115 8
110.7
106.2
106.2
115.0
100.0
96.3

115 9
110.8
106.2
106.8
115.7
100.5
96.3

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

102.1
106 9
100.7
86 8
171.9
103.2

105 7
110 2
105 1
90 8
183 0
103 7

104 6
108 8
105 0
89 6
197 2
102 8

104.6
109.1
105.0
89 3
196.3
103.1

104.7
109 3
105 2
89 3
189 7
103 0

104.8
109 4
104 9
89 7
183 8
103 5

105.2
110 1
104.7
89 9
184.0
103.8

105.8
110 7
105 2
90 4
182 5
103 9

106.0
110 9
105 3
90 7
175 1
104 1

106.5
111.0
105.4
92 5
177.5
104.1

107.0
111.7
105.3
92 7
175.5
104.7

107.2
111.8
105.4
93.0
172.0
104.6

107.1
111.9
105.1
92.9
165.2
104.6

107.4
112.7
104.8
92.8
160.8
104.7

107.2
112.7
104.8
92.3
156.4
104.4

102 1
109 2
105.6
112 9

104 9
111 8
108 3
115 2

104 3
111 3
106 6
114 8

104 3
111 5
107.4
114 9

104 3
111 8
108 1
114 9

104 2
111 8
108 2
114 9

104 5
111.8
108.2
114 9

104 2
111 5
108 7
114 9

104 4
111 6
108 9
114 9

104 1
111.9
109.0
114 9

106 5
112.0
109.1
115 0

106.6
112.5
109.2
116.5

100.0
106.6
112.5
109.3
116.5

100.1
106.5
112.5
110.2
116.6

100.1
106.4
112.5
110.1
116.7

$0.943
860

$0. 920
825

$0.926
840

$0.924
.837

$0.923
834

$0.922
831

$0. 920
827

$0. 917
823

$0.920
820

$0. 917
.818

$0. 917
.814

$0.912
.810

$0.911
.808

$0.903
.806

$0.900
.803

cg

'7 893 ' 7, 792 ' 6, 822

do
do
do
do
do
do

Transportation equipment 9 Dec. 1968—100
Motor vehicles and equip.
1957-59 — 100
Miscellaneous products 9
do
Toys, sporting goods, etc .
do
Tobacco products
do
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices

1957-59=$!. 00..
do

$0. 895

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE J
76 160 r 34 692

5 219

5 956

6 786

7 341

7 519

7 714

7 963

Private, total 9
do
Residential (nonfarm)
do
New housing units
do
Nonresidential buildings, except farm and public utilities, total 9
mil $
Industrial
__
do
Commercial
do
Farm construction
___
do
Public utilities:
Telephone and telegraph
do

50 587 r 56 996
23 736 r 28 823
17 885 r 22 423

3 586
1 655
1 305

3 932
1 885
1 472

4 513
1 710

4 843
2 518
1 891

4 963
2 628
2 015

5 102
2 721
2 075

5 333
2 790
2 123

5 364
2 780
2 139

18 106
6 131
6 982
1 324

18 800
5 594
8 333

1 323

1 428

1 538

1 562

1 523

429
689

1 535

1 690

1 808

1 752

417
721

435
782

1 716

448
684

538
844

543
798

1 638

1 704

120

140

H9

132

141

156

148

147

172

161

Public, total 9

25 573

r 27 696

1 633

1 974

2 273

2 498

2 556

2 612

2 625

2 718

2 487

9 974 r 10 447
706
r 746
r 517
406
721
824
8 538 r 9 295

739
35
38
52
379

824
56
45
51
572

893
78
45
53
755

955
83
49
64
886

910
63
49
60
953

335
54
35
57

888
57
43
79
1 014

904
64
37
96
837

904
65
53
83
922

'814

1 051

949
63
41
81
946

83 9

83 6

85.3

85 7

82.0

81.7

83.7

86.0

'85.9

'89.1

New construction (unadjusted), total

mil $

do

Buildings (excluding military) 9 _.
do
Housing and redevelopment
do
Industrial
do
Military facilities.
.
do
Highways and streets.. __.
do
New construction (seasonally adjusted at annual
rates), total
bil. $
Private, total 9

do

Residential (nonfarm)
do
Nonresidential buildings, except farm and public utilities, total 9
bil. $
Industrial
do
Commercial
do
Public utilities:
Telephone and telegraph. . .
do
Public, total 9

do

Buildings (excluding military) 9
do
Housing and redevelopment
do
Industrial
.
do
Military facilities
do
Highways and streets
...do. .
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Co.)'
Valuation, total 1
mil $

397
542

428
587

2*262

441
676

082

*508
793

' 6, 059

5,633

'5
406 T 5 225 '4 855 ' 4, 320
r
2 678 ' 2 593 '2 454 ' 2, 128
2 102 ' 1, 996 ' 1, 720
2 130

4,019
1,912
1,554

1 583 ' 1, 519

1,473
459
629

529
692

'463
'678

164

128

2 567 '1 967 ' 1, 739

1,614

698
64
r 44
68
461

37
62

'85.9

'89.6

90.4

'62.6

62.3

r 36

'43
92
' 511

55 4

56 1

57 4

57 3

55.0

55.0

56.7

57.4

T

59.3

'59.0

'58.9

26 8

27 7

29 3

29.6

28.2

27.8

28.3

29.4

'29.8

'30.2

'30.9

'30.9

30.9

19 5
5 7
83

19 2
55
83

19 1
5 5
85

18 5
53
81

17 7

17 6
4 8
83

19 0

18 6

19 7

19.2

86

8 5

18.4
5.9
8.0

'21.9
'6.8
'10.0

21.7
6.6
9.7

17

17

15

16

1.5

1.9

17

1.8

2.0

1.8

1.8

2.0

27 5

27 9

28 4

27.1

26.7

27.1

28.5

26.7

30.1

'27.0

'26.9

28.1

10 8

10 8
10

11.0
10

10.0

9.9
.6
6
.8
9.2

10.6

10.3

10.9

9.5
.9
' .5
1.0
9.2

.5
1.0

10.7

' 10.4
'1.1
.6
1.1
'8.4

4,802

28 5
10 7

5
5
9

3
5
7

98

9 2

5
7
9.8

4.9

81

5
8
9.9

.7
.5
.7
9.2

9.7
.6
5
.7
9.1

5.6

5.5

.7
5
.8
9.0

6.1
8.9

.7
4
1.0
8.3

6.3
8.3

.7
.7
9

53 445

i 62 494

3 704

5 417

4 878

6 170

5 589

5 956

6 318

5 170

6,171

4 863

4 543

4 766

2 153

174

156

176

146

172

160

187

192

183

200

183

179

191

205

Public ownership
mil $
20 709
1 041 1 698 1 554
19 780
42 714
Private ownership
do*
2 664
3 324
32 737
3 719
By type of building:
Nonresidential
._
do
1 522
92 780
20 418
1 251
1 835
Residential 1...
do
2 312
19 695 i 25 176
1 495
2 220
i qco
Non-building construction
do
1 044
13 333
H coo
958
New construction planning
(Engineering News-Record) §
do
2,835
59, 944
52, 419
5,040 3,930
' Revised.
*> Preliminary.
i See note "H" for this page.
2 Computed from
cumulative valuation total.
<£See corresponding note on p. S-8.
9 Includes data for items not shown separately.
JKevisions for 1965-May 1967 are shown in Bu. of Census report C30-68-6.

2 036
4 135

1 860
3 730

2 256
3 700

1 924
4 394

1 549
3 621

1 728
4 443

1 558 1 278
3 305
3 265

1 546
3 220

1 572
3,230

2,227

2 030
2 243
1 316

2,414
2 287
1 255

2,128
2 295
1 895

1,815
2 125
1 230

2,370

1,992
2 043

2,145
1 746
875

1,885
1,820
1 097

Index (mo. data seas, adj.)




1957-59—100

2 543
1 400

2 408
1 393

828

1 849
1 743
951

4,690
4,405 3,617
5,461
4,895 3,001 6,387 6,649
4,663
3,267 2,800
If Beginning Jan. 1968, data are not entirely comparable with those for earlier periods; new
compilation methods raises the level of residential data by 8 percent and the total valuation
by 3 percent.
§Data for Feb., May, Aug., and Oct. 1968 and Jan. 1969 are for 5 weeks;
other months, 4 weeks.
«Corrected.

SURVEY OF CURRENT BUSINESS

S-10
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1969

1968

1968

Annual

April 1969

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

CONSTRUCTION AND REAL ESTATE—Continued
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (private and public) _ _ .thous .. 1, 321. 9
One-family structuresdo
844.9
Privately owned
do
1, 291. 6
Total nonfarm (private and public)
In metropolitan areas
Privately owned. . _

do
do
do

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

do
do

New private housing units authorized by building
permits (13.000 permit-issuing places) :J
Seasonally adjusted at annual rates:
Total _
.
thous
One-family structures _
do

1, 547. 7
••900. 7
1, 507. 7

87.2
55.4
84.6

128.6
79.4
126.6

165.2
98.0
162.0

145.1
87.0
140.9

142.9
81.6
137.9

142.5
86.5
139.8

141.0
82.6
136.6

139.8
80.3
134.3

143.3
85.6
140.8

129.5
65.1
127.1

99.8
'53.9
96.4

'105. 8
50.9
'101. 5

'94.2
48.6
'89.5

128.4

1, 298. 8 1, 523. 6
919.7 '1, 117.6
1, 268. 4 1. 483. 6

85.3
61.4
82.8

126.0
92.1
123.9

162.2
118.4
159.1

143.3
101.2
139.0

141.1
103.6
136.0

140.0
100.6
137.3

138.9
101.0
134.5

138.0
103.0
132.4

140.6
100.8
138.1

127.5
96.8
125.1

98.9
'75.1
95.5

'104. 5
79.5
'100. 2

'93.2
73.8
'88.5

127.1

1,537
1,499

1,511
1,479

1,591
1,562

1,364
1,345

1,365
1,348

1,531
1,507

1,518
1,496

1,592
1,570

1,570
1,541

1,733
1,705

1,507
1,492

'1,878
'1, 845

'1, 673
'1, 651

1,539
1,522

1,394
724

1,416
728

1,340
675

1,280
659

1,281
641

1,289
663

1,290
673

1,393
706

1,378
694

1,425
729

1,463
736

1,403
671

'1, 477
'685

1,370
678

1,141
651

1,330
684

132.7

131.4

CONSTRUCTION COST INDEXES
1957 59—100

125

131

128

128

129

130

132

132

133

134

135

135

'136

138

139

1913=100
do
do
do
do

909
992
1,008
910
903

970
1,072
1,070
966
953

938
1,033
1,044
943
923

940
1,047
1,044
943
923

945
1,053
1,048
944
927

958
1,064
1,052
948
962

973
1,065
1,056
958
964

979
1,075
1,087
968
964

986
1,081
1,090
979
967

992
1,087
1,092
980
969

994
1,110
1,092
980
969

997
1,110
1,093
1,001
969

1,007
1,111
1,099
1,013
971

1,015
1,125
1,105
1,035
978

1,026
1,138
1,113
1,047
990

1,032
1,151
1,117
1,057
996

132

139

134

135

135

136

138

140

141

142

142

143

143

145

146

146

E. H. Boeckh and Associates, Inc.: 1
Average, 20 cities:
All tvpes combined
1957-59=100
Apartments, hotels, office buildings
do
Commercial and factory buildings
_do
Residences
do

129.8
130.7
130.2
127.4

139.9
139.1
136.7

134.1
135.1
134.6
131.6

134.6
135.5
134.9
132.4

135.3
136.2
135.5
133.3

137.3
138.4
137.5
135.2

139.6
140.8
139.8
137.4

140.6
141.8
140.6
138.5

142.5
141.7
139.2

142.1
143.1
142.2
140.1

142.2
143.3
142.4
140.3

142.3
143.4
142.4
140/3

144.1
143.1
141.1

146.3
144.5
143.2

146.2
148.0
145.7
144.9

147.5
149.2
146.9
146.4

Engineering News-Record :t
Building
Construction
_

127.4
140.8

136.8
151.9

131.8
146.5

132.5
147.0

132.9
147.6

134.8
150.2

136.2
151.9

136.7
152.4

138.3
154. 1

140.7
156.0

141.6
156.6

141.7
156.7

143.1
158.0

145.0
160.0

146.0
161.7

U47. 9
1162. 9

117.6

121.6

153.2

165.9

147.2
166.4

183.0
176.8
164.0
175.8
169.5 ' 173. 8 ' 170. 6 ••164.4

163.0
149.6
186.6

171.2
168.1
198.1

158.6
155.9
122.0

184.8
167.2
156.7

192.7
175.6
205.9

203.1
179.0
223.7

167.2

168.9

124.3

131.7

12.4
152
10.6
141

15.9
160
11.6
127

14.7
144
12.4
126

434. 80
267. 29

Dept. of Commerce composite^
American Appraisal Co., The:
Average, 30 cities. _ _
Atlanta
New York
San Francisco
_ __
St. Louis...

Associated General Contractors of America, Inc.,
The (building only)
1957-59—100

do
do

Bu. of Public Roads— Highway construction:
Composite (avg. for year or qtr.) ...1957-59=100. .

'•119. 5

'121.2

120.6

123.4

'132. 3

CONSTRUCTION MATERIALS
Output index:
Composite unadjusted 9
Seasonally adjusted

1947-49—100
do

Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement, unadjusted

do
do
do

181.6
189.7

171.8
155.7

169.9
162.7

'182. 8
'161.2

154. 0
161.4

143.4
167.4

201.2
161.6
221.1

210.1
166.7
249.8

151.9
175.1
263.8

159.1
173.0
238.4

159.6
188.8
272.6

145.2
163.4
185.2

141.2
157.8
136.1

114.2

15.7
161
11.0
110

13.7
157
10.4
120

13.2
146
12.5
135

15.1
167
11.5
127

14.0
168
10.4
125

17.1
198
12.7
147

13.6
211
11.4
172

12.3
187
9.0
136

13.2
'189
10.1
148

14.7
180
9.9
'132

17.3
174
12.2
136

470. 58
265.30

495. 28
280. 15

493. 61
240. 95

572. 97
326. 86

595. 13
340. 69

588. 18
322. 30

707. 37
359. 54

598. 76
376. 98

525. 34
365. 50

608. 38
369. 83

494. 00
295. 68

329. 04

4,269

4,545

4,719

4,889

4,988

4,997

5,026

5,035

5,040

5,259

5,357

5,298

5,331

1,787

1,973

2,106

1,983

1,859

1,995

1,840

1,949

1,724

1,886

'1, 592

1,590

466
995
488

392
868
464

407
869
610

'348
'783
'461

369
771
450

179. 47

149. 12

REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments
thous. units..
Seasonally adjusted annual ratestdo
Requests for V A appraisals
. - do
Seasonally adjusted annual ratest
do

Home mortgages insured or guaranteed byFed. Hous. Adm.: Face amount
mil. $.. 5, 884. 64 6, 495. 94 436. 34
Vet. Adm.: Face amount§
.
do
3, 404. 87 3, 773. 88 279. 57
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $__
5,259
4,348
4,386
New mortgage loans of all savings and loan associations, estimated total |
mil $ 20, 122
21, 983
1,474
By purpose of loan: t
Home construction
do
4,916
310
4,243
Home purchase
.
do
712
11,215
9,604
All other purposes
do
5,852
452
6,275
Nonfarm foreclosures
Fire losses (on bldgs., contents, etc.)

414
850
523

480
945
548

512
1,050
544

430
1,075
478

400
1,038
421

414
1,156
425

396
984
460

90, 875

7,822

8,127

8,040

8,577

7,630

7,850

6,870

6,969

7,262

6,786

6,528

mil. $.. 1, 706. 72 1. 829. 92

142. 75

155. 58

197. 25

152. 05

157. 72

154. 71

159. 14

131. 69

134. 80

134. 21

156. 08

i %>d.
129
161
126
95
147
91 n

146
125
141
123
84
175
9m

152
122
168
126
90
137

164
128
173
128
101
151
236

161
128
169
133
74
127
228

162
122
170
136
91
144
227

number.. 110, 541

DOMESTIC TRADE
ADVERTISING
Marketing/Communications advertising index, seasonally adjusted:©
Combined index
1957 59 100
Business papers
"
do ~
Magazines
do
Newspapers
do
Outdoor
do
Radio (network)
do
Television (network^ _
Hn

•I ff\

129
157
117
95
117

9OQ

i f\i\
130
160
125
86
134

91fi

1R1

141
157
128
97
106

93fi

1 3Q

151
•IOC

87

199
919

'Revised.
« Corrected.
i Index as of Apr. 1,1969: Building, 149.9; construction, 164.3{Revisions for Jan.-Aug. 1967 for new private housing units authorized; for 1965-May 1967
for Dept. of Commerce composite; for July-Dec. 1966 for ENR building and construction
cost indexes; for 1960-66 (seas, adj.) for FHA applications and VA appraisals; and for Jan. 1961Dec. 1967 for new mortgage loans will be shown later.




160
199

79

1 93
91 1

132
161
122
75
129
999

i f\n
128
162
116
82
144
9nfi

198

^Copyrighted data; see last paragraph of headnote, p. S-l.
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold.
© Formerly Printer's Ink advertising index.

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

S-ll
1969

1968

Annual

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Television advertising:
Network (major national networks) :
Net time costs, total
Automotive, incl. accessories.
_
Drugs and toiletries
Foods, soft drinks, confectionery
Soaps, cleansers etc
Smoking materials
All other .

m*l. $
do
do
do
do
do
do

1,499.9
115.8
429.0
306.8
134.3
183.1
331.0

1 548 1
125.8
435.1
293.3
144.9
156.8
392.3

Magazine advertising (general and natl. farm magazines) :
Cost total
mil. $
Apparel and accessories
do
Automotive, incl. accessories
do
Building materials
do
Drugs and toiletries
do _
Foods, soft drinks, confectionery
do

1,161.6
60.7
103.7
31.0
148.4
116.1

1, 196. 1
63.5
112.6
32.3
144.4
106.3

84.7
3.2
9.6
1.8
11.2
9.1

105.9
6.3
11.1
3.1
12.3
10.3

119.2
8.6
12.7
4.8
11.9
9.9

116.0
5.6
11.9
4.1
14.5
8.5

99.9
2.6
9.3
3.7
14.3
9.6

69.9
1.1
4.8
2.2
10.3
91

67.7
6.2
3.4
1.6
10.5
5.7

106.8
10.6
6.8
3.1
11.6
7.1

127.2
7.1
17.3
2.9
13.5
9 5

134.7
6.6
13.9
2.2
15.1
11.6

100.6
4.0
7.4
1.6
12.0
9.1

67.2
2.0
6.8
1.4
8.7
5.8

88.6
3.7
8.7
2.2
11.8
8.9

108.6
7.0
11.3
2.9
12.1
9.3

Beer, wine, liquors
_
do _
Household equip., supplies, furnishings. _ do
Industrial materials
do
Soaps, cleansers, etc
_ _ _ _ do _
Smoking materials
do
All other
.
do

89.2
70.7
62.7
22.9
39.9
416.3

95.6
75.7
56.7
22.2
43.2
443.6

4.5
2.8
4.3
1.5
3.0
33.6

6.8
6.2
4.4
2.2
3.1
39.8

7.8
9.6
4.7
2.5
3.8
43.1

8.1
9.7
5.9
1.9
4.0
42.1

7.9
6.2
5.5
1.5
4.2
35.1

6.3
4.1
3.3
1.9
2.9
23.9

4.6
2.5
3.7
1.5
3.2
24 .8

7.1
7.5
5.8
1.9
3.6
41.6

10.4
9.4
5.3
2.8
4.1
44.9

13.0
9.8
5.4
1.8
4.4
50.9

15.6
5.4
4.2
1.1
4.3
36.0

3.2
2.8
3.7
1.1
3.2
28.5

4.6
3.1
3.3
1.4
3.5
37.2

7.3
6.9
4.8
1.7
3.6
41.6

3,297.8 3,381.1
878.1
923.7
2,419.6 2, 457. 3
158.5
171.0
66.9
72.8
297.1
296.1
1, 897. 1 1, 917. 4

236.1
66.9
169.2
13.4
4.6
22.3
128.9

282.4
79.0
203.5
14.4
5.5
26.0
157.6

277.5
76.0
201.4
16.6
6.6
26.1
152.2

306.5
82.5
224.0
17.3
5.5
29.0
172.2

279.2
79.0
200.2
16.6
5.8
23.4
154.3

249.9
75.2
174.8
13.6
6.9
18.6
135.7

277.9
83.8
194.1
13.3
4.1
18.1
158.6

292.8
83.3
209.5
15.9
5.7
27.1
160.9

315.7
84.1
231.5
16.0
7.2
31.7
176.7

315.9
79.0
236.8
13.1
6.2
32.5
185.0

316.0
67.9
248.1
9.3
7.1
24.2
207.5

256.0
77.1
178.9
11.6
8.6
20.9
137.9

250.5
75.6
174.8
13.5
5.3
23.6
132.5

16, 816
7,541
9,275

17, 775
8,026
9,749

18,087
8,397
9,690

18, 578
8,482
10, 095

17, 961
8,241
9,720

18,488
8,515
9,973

18,933
8,629
10,304

18,640
8,590
10, 050

19, 979
9,220
10, 759

18, 906
8,578
10,329

18, 917 '17,576 16, 923
8,428 ' 8, 017
7,966
10, 489 ' 9, 560 8,956

21, 555
12, 308
9,247

21, 679
12,564
9,115

21,841
12,881
8,960

21, 816
12, 851
8,965

21, 952
13,020
8,932

21,908
13, 030
8,878

22,094
13,183
8,910

22, 170
13, 065
9, 105

22, 631
13, 162
9,470

22, 790
13, 202
9,588

22, 603 ••22,637 22, 739
13, 245 '13,180 13, 320
9,358 ' 9, 457 9,418

24, 210

27,049

27, 602

29, 285

28,887

28,542

29,418

30, 112

8,916
5,526
5,187
339
1,253
769
402
1,013
797
216
18, 133
1,430
313
559
295
263
901
2,022
6,113
5,705
1,970

9,134
5,549
5,171
378
1,217
783
363
1,190
926
264
18,468
1,627
364
617
334
312
906
2,034
5,838
5,420
2,012

9,917
6,112
5,706
406
1,314
871
376
1,269
986
283
19,368
1,538
367
600
312
259
953
2,189
6,310
5,883
2,097

9,828
5,974
5,543
431
1,353
875
414
1,290
1,010
280
19,059
1,522
375
577
311
259
938
2,245
6,252
5,825
2,150

9,696
5,773
5,354
419
1,393
861
440
1,338
1,055
283
18,846
1,421
325
548
312
236
938
2,287
6,196
5,766
2,197

29,410
9,383
5,365
4,951
414
1,479
905
476
1,355
1,077
278
20,027
1,633
342
618
378
295
962
2,413
6,596
6,166
2,202

27, 015

7,883
4,842
4,557
285
1,205
722
390
891
708
183
16, 327
1,155
267
462
233
193
887
1,837
5,598
5,227
1,809

8,703
4,814
4,457
357
1,412
850
460
1,257
997
260
18, 312
1,557
332
608
333
284
912
2,175
5,860
5,448
2,017

10, 039
5,992
5, 595
397
1,450
907
456
1,339
1,063
276
19, 379
1,654
373
656
360
265
941
2,161
6,108
5,685
2,064

3,296

3,901

4,218

4,342

4,296

4,222

4,671

4,266

4,697

5,488

7,807

3,831
2,602
256
451
548
28, 902

4,209
2,843
316
498
584
28,697
9,'342
5,556
5,171
385
1,372
846
439
1,204
933
271
19, 355
1,640
375
639
349
277

4,997
3,402
417
578
647
28,806
9,314
5,521
5,124
397
1,360
853
428
1,191
911
280
19, 492
1,652
387
642
351
272

7,286
5,092
434
980
825
28, 347
9,238
5,445
5,082
363
1,357
852
429
1,204
937
267
19, 109
1,571
371
589
348
263

Newspaper advertising linage (52 cities) :
Total
mil lines
Classified
do
Display, total
do
Automotive
_ _
do
Financial
do
General
do
Retail
do
WHOLESALE TRADE
Merchant wholesalers sales (unadj.), total, mil. $_.
Durable goods establishments.
__do
Nondurable goods establishments
do

205, 188
90, 447
114, 741

219, 943
100, 012
119, 930

Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $__ 21, 607 22, 603
Durable goods establishments
do
12, 308 13, 245
Nondurable goods establishments
do
9,299
9,358
RETAIL TRADE J
All retail stores: i
Estimated sales (unadj.), total t
mil. $
313,809 339, 710
Durable goods stores 9
do
100, 173 110, 245
Automotive group _ _ _ _
do _
58,273 65, 261
Passenger car, other auto, dealers
do
53, 966 60, 660
Tire battery accessory dealers
do
4,601
4,307
Furniture and appliance group 9
do
15, 267 16, 540
Furniture, homefurnishings stores
do
10, 227
Household appliance, TV, radio
do
5,235
Lumber, building, hardware group
do
12, 675
Lumber, bldg. materials dealersd*
do
10, 984
9,781
Hardware stores
do
2,894
Nondurable goods stores 9 _ - do
213, 636 229, 465
Apparel group
do
18, 123 19, 265
Men's and boys' wear stores
do
4,516
Women's apparel, accessory stores
do _
7,429
Family and other apparel stores _ do
4,124
Shoe stores
do
3,196
Drug and proprietary stores
do
10, 721 11, 458
Eating and drinking places
do
23,473 25, 285
Food group
do
69, 113 73, 267
Grocery stores
do
68, 311
Gasoline service stations
do
22, 739 24, 526
General merchandise group with nonstores 9
. mil. $
49, 820 54, 493
General merchandise group without nonstores9§
_ .mil. $
49, 295
Department stores
do
33, 323
29,589
Mail order houses (dept store mdse) do
3,256
Variety stores _
do
6,152
Liquor stores
do
6,969
6,409
Estimated sales (seas, adj.), total t
do
Durable goods stores 9
do
Passenger car, other auto, dealers
Tire, battery, accessory dealers
Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio
Lumber, building, hardware group
Lumber, bldg. materials dealers d". _
Nondurable goods stores 9 _ _
Apparel group.
Women's apparel, accessory stores
Family and other apparel stores.

do __
do
do
do .
do
do
do
do
do
do
do

417.5
36.0
122.6
84.7
41 5
46.1
86.6

2,912
1,912
197
387
486

27,449
8,828
5,189
4,812
377
1,357
827
430
1,174
931
243
18, 621
1,558
369
598
335
256

3,487
2,334
238
432
537
27, 996
9,018
5,319
4,935
384
1,369
843
434
1,167
916
251
18, 978
1,649
400
618
356
275

3,813
2,538
248
497
516

3,911
2,628
239
496
581

27, 791

28, 158
9,132
5,408
5,027
381
1,370
875
421
1,152
891
261
19, 026
1,575
381
604
343
247

8,975
5,227
4,851
376
1,356
836
426
1,173
916
257
18,816
1,558
377
588
337
256

'Revised.
i Advance estimate.
tSeries revised to reflect a new sample of retailers.
1 he most important difference between this and the old sample is accounted for by the
general merchandise group which now includes all non-stores, i.e., mail order houses, merchandising machine operators, and direct selling establishments. Formerly, many non-store
*
,.
,
. -.
particularly in the
, durable and non• 1961-64 appear




3,890
2,641
218
487
560
28,320
9,197
5,489
5,104
385
1,386
876
434
1,172
908
264
19, 123
1,595
368
628
338
261

498.4
48.7
134.7
88.0
36.9
49.1
141.0

301.0
18.1
88.6
57.4
32.9
28.4
75.6

331.3
23.0
89.2
63.2
33.7
33.1
89.1

3,800
2,538
233
474
583
28, 674
9,313
5,523
5,138
385
1,406
858
439
1,184
904
280
19, 361
1,655
373
650
356
276

4,243
2,844
273
526
600
28, 760
9,377
5,561
5,173
388
1,433
856
475
1,190
919
271
19, 383
1,659
372
651
350
286

9,687
5,899
5,516
383
1,395
859
443
1,196
926
270
19, 215
1,619
369
642
333
275

34,086
9,554
9,675
5,623
5,049
5,196
4,604
427
445
1,489
1,770
933
1,025
464
613
1,198
1,186
907
817
291
369
20,558 r 24, 411
1,810 '2,641
437
689
701
990
395
619
277
343
924
1,295
2,045
2,041
6,425
6,375
6,009
5,945
2,055
2,079

•26, 237 '24, 909 128,632
' 8, 335 ' 8, 262 i 9, 525
' 5, 137 ' 5, 049 i 5, 863
' 4, 806 ' 4, 726
323
331
' 1, 267 ' 1, 226 i 1, 321
778
'786
377
'401
971
'938
772
'727
199
'211

'17,902
' 1, 403
'370
'530
'288
'215
'942
'1,918
' 6, 246
'5,868
' 1, 992

' 16, 647 i 19, 107
'1,227 i 1, 626
297
486
260
184
'894
1956
'1,820 i 2, 038
' 5, 777 i 6, 359
'5,417 i 5, 956
' 1, 853 i 2, 059

' 3, 587 ' 3, 379

i 4, 238

' 3, 198 ' 3, 008 i 3, 825
' 2, 203 ' 2, 010 i 2, 562
'202
220
'375
391
'580
525
'28,989 '29,359 129,585
' 9, 446 ' 9, 621 i 9, 675
' 5, 574 5,600
5,154
' 5, 157
446
417
1,446
' 1, 402
932
'876
434
'446
1,335
'1,219
1,058
'958
277
'261
' 19, 543 ' 19, 738 U9,910
1,720
' 1, 640
427
'406
654
'622
386
'363
253
'249

on p. 22 ft. of the Nov. 1968 SURVEY; revisions for 1965-67 for seas. adj. retail sales data are
available upon request to the Census Bureau (Wash., D.C. 20233). Further details appear m
the Census Bureau Monthly Retail Trade Report, Aug. 1968.
9 Includes data for items
not shown separately.
.
c?Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical
stores.
§Except department stores mail order.

SURVEY OF CUEEENT BUSINESS

S-12
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

April 1969
1969

196S

Annual

Feb.

Mar.

Apr.

May

June

1

Aug.

July

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

DOMESTIC TRADE—Continued
RETAIL TRADEf— Continued
All retail storest—-Continued
Estimated sales (seas, adj.)— Continued
Nondurable Roods stores — Continued
Drug and proprietary stores
mil. $
Eating and drinking places
do
Food group
__
do
Grocery stores
do
Gasoline service stations. __
_
do
General merchandise group with nonstores 9 - - - .
-_
mil. $
General merchandise group without nonstores 9 §.
mil. $
Department stores _ __ _
do
Mail order houses (dept. store mdse.) do __
Variety stores
do
Liquor stores.
_ _ __ do
Estimated inventories, end of year or month :K
Book value (unadjusted), total
mil $
Durable goods stores 9
do
Automotive group ._ _
do _
Furniture and appliance group
do
Lumber, building, hardware group, do
Nondurable goods stores 9
do
Apparel group. __
.do
Food group
do
General merchandise group with nonstores
mil. $
Department stores
do
Book value (seas, adj.), total
do
Durable goods stores 9 _
do
Automotive group
do
Furniture and appliance group
do
Lumber, building, hardware group do
Nondurable goods stores 9
do
Apparel group
do
Food group
do
General 8 merchandise group with nonstore '
mil $
Department stores
do
Firms with 11 or more storesrj
Estimated sales (unadj.), total 9
do
Apparel group 9
do
Men's and boys' wear stores
_ . _ do
Women's apparel, accessory stores
do
Shoe stores
_ _ _ _
do
Drug and proprietary stores
_
do
Eating and drinking places
do
Furniture and appliance group
do
General merchandise group with
nonstores9 .mil. $
General merchandise croup without nonstores §
mil $
Dept. stores, excl. mail order sales
do
Variety stores.
do
Grocery stores
do
Tire, battery, accessory dealers
do
Estimated sales (seas, adj.), total 9
do
Apparel group 9
do
Men's and boys' wear stores
_ do
Women's apparel, accessory stores
do
Shoe stores
do
Drug and proprietary stores
do
Eating and drinking places
do
General merchandise group with nonstores 9 _
mil $
General merchandise group without nonstores!
mil $
Dept. stores, excl. mail order sales
do
Variety stores.
do
Grocery stores .
do
Tire, battery, accessory dealers
do
All retail stores, accounts receivable, end of yr. or mo.* f
Total (unadjusted) t
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
do
Total (seasonally adjusted) J
do
Durable goods stores.. „
do
Nondurable goods stores
_
do
Charge accounts. __
do
Installment accounts
do

932
2,081
5,929
5,539
1,994

924
2,108
6,026
5,611
2,049

932
2,099
6,063
5,637
2, 036

4,349

4,422

3,928
2, 627
251
510
550

3,988
2,669
262
516
578

957
2,114
6,117
5, 702
2, 038

953
2,114
6,172
5, 753
2, 050

967
2,068
6,148
5, 727
2,052

973
2,139
6,188
5,774
2,063

971
2,149
6,155
5, 735
2, 049

967
2,146
6,149
5,731
2,050

944
2,128
6,235
5,817
2,064

969
2,062
6,139
5,744
2,052

'979
' 2, 094
'6,315
' 5, 909
' 2, 097

970
2,126
6,366
5,972
2,110

4,401

4,452

4,488

4,730

4,626

4,520

4,640

4,729

4,577

•- 4, 601

4,651

3,995
2,682
264
498
564

4,035
2,700
254
519
584

4,075
2,728
270
514
577

4,290
2,896
275
526
596

4,191
2, 828
"111
520
591

4,061
2,743
271
492
593

4,154
2, 810
282
520
602

4, 259
2,925
293
522
601

4,168
2,877
275
505
565

' 4, 176
' 2, 861
'273
'535
'634

4,228
2,880
294
536
615

38, 045
16, 832
7,284
2,825
2,575
21,213
4,178
4,290

41, 346
18, 846
8,758
3,029
2, 797
22,500
4,536
4,511

39,354
18, 019
8,201
2,893
2,660
21,335
4,225
4,271

40,447
18, 400
8,413
2,953
2,738
22,047
4,405
4,324

41,247
18, 989
8, 799
3,034
2,809
22, 258
4,456
4,360

41,496
19, 278
9,069
3,039
2,794
22, 218
4,388
4,371

41,163
19, 174
8,987
3,027
2,764
21, 989
4,317
4,334

40,916
18, 895
8, 794
3,035
2,801
22, 021
4,431
4,291

39,979
17, 536
7,348
3,032
2,764
22, 443
4,670
4,311

40, 543
17, 244
7,130
3,059
2,788
23, 299
4,953
4,382

42, 683
18, 246
7,898
3,140
2,806
24, 437
5,116
4,552

43, 815
18, 866
8,437
3,158
2,790
24, 949
5,145
4, 651

41, 346
18, 846
8,758
3,029
2,797
22,500
4,536
4,511

41, 544
19, 581
9,387
3,014
2,841
21, 963
4,402
4,536

42, 597
19, 884
9,575
3,010
2,926
22, 713
4,695
4,503

8,304
4,717
39, 318
17,403
7, 425
2,927
2,666
21,915
4,384
4,273

9,237
5,286
42, 657
19, 461
8, 919
3,139
2,898
23, 196
4,760
4,493

8,576
4,836
39, 788
17, 709
7,693
2, 992
2,703
22, 079
4,392
4,314

8,967
5,113
39, 776
17, 723
7,747
2,992
2, 692
22, 053
4,401
4,311

9,137
5,170
40, 242
18, 113
8,043
3,010
2,735
22, 129
4,443
4,338

9,146
5,168
40, 606
18, 248
8,192
3,006
2,713
22, 358
4,450
4,384

9,105
5,102
40, 842
18, 440
8,352
3,006
2,712
22, 402
4,506
4,351

9,189
5,148
41,065
18, 475
8,407
3,038
2,807
22, 590
4,630
4,356

9,305
5,189
41, 010
18, 501
8,417
3,035
2,781
22, 509
4,574
4,381

9,733
5,375
41, 424
18, 622
8, 590
3,008
2,799
22, 802
4,668
4,408

10, 505
5,884
42, 220
19, 165
8,945
3,046
2,820
23, 055
4,720
4,4.0

10, 810
6,116
42, 488
19, 361
9,121
3,019
2,798
23, 127
4,694
4,555

9,237
5,286
42, 657
19, 461
8,919
3,139
2,898
23, 196
4,760
4,493

8,925
5,105
42, 740
19, 622
9,105
3,136
2,908
23,118
4,811
4,554

9,403
5,384
43, 014
19, 487
8,974
3,113
2,974
23, 527
4,880
4,548

8,900
5,018

9,806
5,576

9,049
5,161

9,025
5,159

9,107
5,160

9,266
5,252

9,366
5,298

9,448
5,329

9,351
5,231

9,360
5,153

9,525
5,254

9,624
5,337

9,806
5,576

9,653
5,598

9,924
5,746

94, 580
5,186
767
1,837
1,335
3,373
2,122
1,303

6,387
291
43
103
78
242
156
92

7,318
384
50
133
107
257
173
95

7,479
460
60
157
134
265
177
98

7,828
414
62
145
110
283
176
104

7,689
421
66
143
113
275
178
103

7,532
368
53
132
93
275
180
111

8,279
440
54
159
118
283
186
130

7,454
426
54
153
119
266
192
120

8,068
454
71
163
111
272
189
112

9,015
492
85
176
116
275
184
117

11, 179
721
119
266
151
433
175
135

' 7, 282
'351
'59
'123
'85
'273
'177
'86

6,771
310
46
117
74
258
169
84

38, 395

2,266

2,713

2,969

3,033

3,013

2,959

3,300

3,303

3,920

5,692

' 2, 522

2,368

3,055
3,661
2,234
2,676
391
468
2,890
3,181
153
161
' 8, 031 ' 8, 143
444
442
67
69
158
158
117
115
287
275
188
190

5,400
3,972
792
3,088
177
8,080
419
63
153
103
281
177

' 2, 338
' 1, 732
'294
' 3, 110
'124
' 8, 295
'454
'68
'168
'104
'301
'188

2,183
1,576
308
2, 870
113
8,399
463
67
173
106
297
189

35, 708
26, 184
4,821
34, 681
1,736

2,499
2,073
1,821
1,490
339
296
2,967
2,676
122
105
' 7, 632 ' 7, 671
420
437
61
63
150
148
108
113
270
269
172
169

2,811
2,763
2,066
2,003
384
393
2,971
2,738
159
146
' 7, 706 ' 7, 768
••416
419
64
60
142
146
'106
110
275
291
170
178

2,801
2,083
377
2,882
161
' 7, 777
430
64
149
112
111
168

2,745
2,023
364
2,837
156
' 8, 030 '
454
68
159
115
288
172

' 3, 073 ' 3, 106 ' 3, 097 ' 3, 111 ' 3, 098 ' 3, 297
' 2, 853 ' 2, 876 ' 2, 887 ' 2, 893 '
2,115 ' 2, 106
2,088
2,078
386
404
405
398
2,849 ' 2, 854 '
' 2, 811 2,815
-142
147
137
137

r

2,979

3,080
2,263
407
3,122
159
8, 003
446
64
161
118
290
178

2,750
2,038
347
2,694
130
' 7, 931
443
63
160
114
289
189

3, 248

r

3, 130

r 3, 261

' 3, 332 3,364

' 3, 302 3,350

2, 884 ' 3, 080 ' 3, 033 ' 2, 892 ' 3, 027 r 3, 088
2,113
2,276
2,262
2,234 ' 2, 121 r 2, 218
••396
416
409
404
404
380
2,992
2, 908 ' 2, 919 ' 2, 915 ' 2, 928 2,943
144
147
153
153
153
142

3,126
2,320
405
2,975
137

19, 022
7,117
11,905
8,368
10, 654
19, 198
7,004
12, 194
8,334
10,864

19,285
7,020
12,265
8,296
10,989
19,186
6,958
12,228
8,150
11,036

20, 630
7,140
13, 490
8,677
11, 953
19, 378
6,941
12, 437
8,317
11,061

' 19, 746
' 6, 790
' 12, 956
' 8, 173
' 11, 573
'19,381
' 6, 907
' 12, 474
' 8, 274
'11,107

19, 341
6,716
12, 625
7,971
11,370
19, 730
7,055
12, 675
8,411
11, 319

201. 74

201. 93

202. 10

202. 25

202. 40

18, 483
6,846
11,637
7,941
10, 542
18, 672
6,690
11, 982
7, 939
10, 733

20, 630
7,140
13, 490
8,677
11, 953
19 378
6,941
12, 437
8,317
11, 061

18,641
6,892
11, 749
8,071
10, 570
18, 841
6,777
12,064
8,123
10, 718

3,133
'3,092
2,294
'2,264
431
'430
' 3, 061 3,137
154
'156

LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
Total, incl. armed forces overseas
LABOR FORCE
Labor force, total, 16 years of age and over
Civilian labor force-..
Employed, total
.
Nonagricultural employment
Agricultural employment
Unemployed (all civilian workers)

mil.. i 199. 11
thous
do
do
do
do
do

80, 793
77, 347
74, 372
70, 528
3,844
2,975

201. 35

201. 55

202.5

200. 35

200.50

200. 65

200.81

82, 272
78, 737
75, 920
72, 103
3, 817
2,817

80, 869
77, 402
74, 114
70, 653
3,462
3,288

80, 938
77, 447
74, 517
70, 980
3,537
2, 929

81,141
77, 634
75. 143
71,292
3,851
2,491

81, 770 84, 454 84, 550 83, 792 82, 137 82, 477 82, 702 82, 618 81, 711 82, 579 82,77
78, 234 80, 887 80, 964 80, 203 78,546 78, 874 79, 185 79, 118 78,234 79, 104 79,26
75, 931 77, 273 77, 746 77, 432 75, 939 76,364 76, 609 76,700 75,358 76, 181 76,52
71,935 72, 757 73, 270 73, 325 72, 103 72, 596 73, 001 73, 421 72, 192 72, 896 73,19
3,32
3,285
3,607
3,165
3,279
3,767
3,836
4, 516
4,476
3,996
4,107
2,74
2,923
2,876
2,577
2,419
2,511
2,772
2,606
3,614
3,217
2,303
ment stores mail order.
f Series revised to reflect benchmarking to the levels of the 1966
and 1967 Annual Retail Trade Reports and to conform to the definitions of the new retail
sales sample; revised data back to 1961 appear on p. 22 ff. of the Nov. 1968 SURVEY.

' Revised.
1 As of July 1.
t See corresponding note on p. S-ll (beginning Aug. 1968,
accounts receivable data reflect introduction of the new sample; no comparable data are
available
for
earlier
periods).
9
Includes
data not shown separately.
§ Except depart



201. 15

i 201. 15

200.98

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

Annual

S-13
1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.'

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
LABOR FORCE— Continued
Seasonally Adjusted
Civilian labor forced
.
Employed, total
- - _ _ _ _
Nonagricultural employment
Agricultural employment. _ _

thous
__do
do
do

Unemployed (all civilian workers)
do
Long-term, 15 weeks and over
do
Rates (unemployed in each group as percent
of total in that group):!
All civilian workers
Men, 20 years and over
__
Women, 20 years and over
Both sexes, 16-19 years

78, 569
75, 640
71, 566
4,074

78, 645
75, 764
71, 786
3,978

78, 427
75, 653
71,737
3,916

78, 742
75, 932
72, 027
3,905

78, 919
76, 005
72, 156
3,849

78, 917
76, 020
72, 195
3,825

78, 749
75, 973
72, 222
3,751

78, 847
76, 000
72, 349
3, 651

78, 800
76, 002
72, 477
3,525

79, 042
76, 388
72, 682
3,706

79, 368
76, 765
72, 923
3,842

79, 874
77, 229
73, 477
3,752

80, 356
77, 729
73,848
3,881

80, 495
77, 767
74, 035
3,732

449

412

2, 929
453

2,881
449

2,774
402

2,810
418

2,914
423

2, 897
470

2,776
400

2,847
373

2,798
381

2,654
348

2,603
322

2,645
316

2,627
346

2,728
355

3.8
2.3
4.2
12.9

3.6
2.2
3.8
12.7

3.7
2.3
3.9
12.7

3.7
2.2
3.8
13.0

3.5
2.1
3.7
12.4

3.6
2.1
3.7
12.6

3.7
2.3
3.7
13.3

3.7
2.2
3.8
13.3

3.5
2.1
3.7
12.3

3.6
2.2
3.9
12.5

3.6
2.2
3,7
12.3

3.4
2.0
3.5
12.2

3.3
1.8
3.5
12.7

3.3
2.0
3.5
11.7

3.3
1.9
3.5
11.7

3.4
1.9
3.5
12.7

1.8
7.4
3.4

1.6
6.7
3.2

1.7
7.1
3.3

1.7
6.9
3.2

1.6
6.8
3.1

1.6
6.5
3.2

1.7
7.1
3.3

1.6
6.8
3.3

1.6
6.4
3.2

1.6
6.6
3.2

1.6
7.3
3.1

1.6
6.5
3.0

1.4
6.0
3.0

1.4
6.0
3.0

1.4
5.7
2.9

1.4
6.0
3.1

2.2

2.0

2.1

2.0

1.9
4.0

1.9
3.8

2.0
4.1

2.1
4.3

2.0
4.2

2.0
4.1

2.0
4.0

2.0
3.9

1.9
3.6

1.9
3.8

1.9
3. 6

2.0
3.7

3.9
7.3
3.7
3.4

3.6
6.9
3.3
3.0

3.8
7.4
3.5
3.3

3.7
7.9
3.5
3.1

3.5
5.6
3.3
2.9

3.4
6.7
3.2
2.9

3.8
7.7
3.2
2.8

3.8
7.0
3.2
2.8

3.6
6.9
3.3
3.0

3.6
5.7
3.3
3.1

3.6
6.0
3.4
3.2

3.4
6.5
3.2
3.1

3.3
5.4
2.8
2.6

3.4
5.5
3.2
2.7

3.3
5.5
2.9
2.4

3.4
6.2
3.1
2.7

66, 030

68, 146

66,393

66,713

67, 422

67, 724

68,724

68, 327

68, 508

68, 923

69, 292

69, 585

70, 123

68, 525 '68,711

69, 172

thous
do
do
do
do

66, 030
616
3,203
19, 434
11, 422

68, 146
625
3,259
19, 740
11, 578

67,600
608
3,388
19, 612
11, 514

67,656
609
3,330
19, 607
11, 495

67, 755
632
3,313
19, 657
11, 533

67, 792
631
3,245
19, 693
11, 545

68,039
632
3,174
19, 777
11,571

68, 170
638
3,189
19, 776
11,619

68, 314
638
3,195
19, 748
11,563

68, 382
639
3,252
19, 755
11,577

68, 701
591
3,285
19, 807
11, 603

68, 955
637
3,279
19, 871
11,661

69, 310 '69,620 '69,955
638
'644
'646
3,387 ' 3, 380 ' 3, 491
19, 974 '20,005 '20,054
11, 724 '11,803 '11,811

70, 102
647
3,428
20, 118
11, 858

do
do
do
do
do
do
do

317
598
455
629
1,318
1,361
1,967

342
602
474
638
1,301
1,389
1,958

334
612
466
609
1,305
1,369
1,957

336
607
466
591
1,304
1,374
1,960

337
599
468
641
1,320
1,373
1,949

338
594
471
640
1,322
1,376
1,949

344
592
474
642
1,310
1,386
1,951

349
597
471
642
1,314
1,385
1,944

350
597
476
644
1,291
1,385
1,953

348
598
476
643
1,279
1,391
1,957

334
603
478
649
1,272
1,410
1,962

348
603
484
653
1,284
1,416
1,985

352
615
488
662
1,302
1,426
1,968

349
'620
491
'665
' 1, 308
' 1, 437
1,986

'347
'621
'494
'668
'1,316
' 1, 443
' 1, 997

348
619
495
666
1,323
1,448
1,997

Electrical equip, and supplies
do
1,953
Transportation equipment
do
1,947
Instruments and related products., do
448
Miscellaneous manufacturing ind
do
429
Nondurable goods _ _
do
8,012
Food and kindred products
do
1,785
Tobacco manufactures
do
87
Textile mill products
do
957
Apparel and other textile products, _ . do
1,400
Paper and allied products.
do
681
Printing and publishing _ _ . . .
do
1,048
Chemicals and allied products __. do
1,002
Petroleum and coal products .
do
183
Rubber and plastics products, nec-.-do..
516
Leather and leather products
do
351
Transportation, communication, electric, gas,
and sanitary services,
thous. . 4,271
Wholesale and retail trade
do
13, 613
Wholesale trade.
do
3,538
Retail trade
do
10, 074

1,963
2,026
451
436
8,162
1,780
86
985
1,417
698
1,063
1,032
187
558
357

1,965
2,015
450
432
8,098
1,773
87
981
1,403
690
1,055
1,023
186
545
355

1,957
2,018
449
433
8,112
1,777
87
979
1,408
690
1,058
1,024
186
546
357

1,955
2,015
448
428
8,124
1,783
81
979
1,417
692
1,058
1,020
185
550
359

1,963
2,013
447
432
8,148
1,778
87
982
1,422
696
1,061
1,023
186
552
361

1,960
2,031
448
433
8,206
1,797
87
990
1,433
699
1,062
1,030
188
559
361

1,962
2,070
446
439
8,157
1,777
87
987
1,416
697
1,064
1,033
188
559
349

1,963
2,013
452
439
-8,185
1,778
90
990
1,412
702
1,067
1,036
187
566
357

1,964
2,035
451
435
8,178
1,773
87
987
1,422
700
1,063
1,037
186
566
357

1,957
2,046
454
438
8,204
1,778
84
988
1,426
704
1,068
1,041
187
570
358

1,971
2,020
455
442
8,210
1,777
82
992
1,419
708
1,073
1,046
188
568
357

1,980
2,025
457
449
8,250
1,792
84
994
1,425
713
1,074
1,050
189
574
355

' 1, 996
'2,044
'457
'450
' 8, 202
' 1, 791
'86
995
1,432
'715
' 1, 076
' 1, 049
127
575
'356

2,009
' 2, 014
'458
'444
' 8, 243
' 1, 797
'84
'994
' 1, 418
719
' 1, 077
' 1, 054
'169
580
'351

2,018
2,036
460
448
8,260
1,789
85
991
1,425
721
1,077
1,054
186
583
349

4,348
14, 111
3,669
10, 442

4,342
13, 920
3,619
10, 301

4,332
13, 999
3,632
10, 367

4,331
14, 009
3,641
10, 368

4,281
14, 049
3,655
10, 394

4,336
14, 086
3,679
10, 407

4,346
14, 117
3,680
10, 437

4,358
14, 181
3, 683
10, 498

4,365
14, 222
3,695
10, 527

4,374
14, 298
3,708
10, 590

4,392
14, 326
3,722
10, 604

4,400 ' 4, 390 '4,418
4.448
14, 271 ' 14, 442 '14,473 14, 503
3,725 ' 3, 746 ' 3, 768 3,786
10, 546 ' 10, 696 ' 10, 705 10, 717

3,217
10, 060
11, 616
2,719
8,897

3,357
10, 504
12, 202
2, 737
9,465

3,304
10, 405
12, 021
2,721
9,300

3,311
10, 415
12, 053
2,718
9,335

3,323
10, 402
12, 088
2,717
9,371

3,334
10, 425
12, 134
2,721
9,413

3,335
10, 467
12, 232
2,795
9,437

3,350
10, 498
12, 256
2,788
9,468

3,376
10, 548
12, 270
2,751
9,519

3,387
10, 545
12,217
2,716
9,501

3,411
10, 610
12, 325
2, 705
9,620

3,426
10, 702
12, 322
2,696
9,626

3,442
10, 755
12, 443
2, 715
9,728

3,483
' 3, 462 ' 3, 474
10, 792 ' 10, 849 10, 871
12, 505 '12,550 12, 604
« 2, 760 ' 2, 764 2,759
9,845
« 9, 745 ' 9, 786

14, 300

14, 485

14,231

14,248

14, 303

14, 352

14, 622

14, 415

14, 561

14, 739

14, 718

14, 725

14,687

14,499 '14,570

thous
14, 300
14, 485 14, 393 14,386 14, 439
do
8,354
8,382
8,406
8,427
8,371
do
176
192
190
195
191
do
520
520
522
531
528
do
375
392
385
387
385
do
500
511
479
517
463
do
1,057
1,054
,040
1,035
1,038
do . 1 1 ~ 1,052
1,072
1,059
,056
1,062
do
1,367
1,337
,344
1,332
1,346
do
1,318
1,312
,316
1,310
1,311
do. .
1,371
1, 432
,423
1,429
1,425
do
280
278
279
278
275
do
338
342
339
340
335
do
5,946
6, 058
6,011
6,015
6,033
do
1,186
1,188
1,178
1,191
1,181
do
75
73
74
74
68
do
849
873
870
867
868
do. ...
1,240
1,250
1,240
1,243 1 1,251
' Revised.
p Preliminary.
* New series. Mon;hly data for earlier years ar e availab le.
I Effective with the Mar. 1969 SURVEY, labor force data refl(^ct new se asonal fa ctors; coinparable data for earlier months appear in Mar. 196 ) "Emplo yment an d Earni igs" rep ert
(BLS).
fEffective with the Sept. 1967 SURVEY, additionalseries (un employm ent rates , seasona
adjusted production workers, hours, man-hours and man-hou r indexes, private sector da ny
ta,
and spendable earnings) are shown; these are not in the 1967 e<iition of IBUSINESS STATISTI cs.

14, 449
8,401
193
516
389
514
1,054
1,060
1,331
1,312
1,419
275
338
6,048
1,185
73
871
1,256

14, 523
8,424
198
514
392
517
1,042
1,070
1,334
1,305
1,438
275
339
6,099
1,204
73
877
1,265

14, 512
8,458
200
517
389
516
1,044
1,068
1,322
1,308
1,478
272
344
6,054
1,185
74
876
1,249

Married men*
_ _ _ _
Nonwhite workers*-White workers*.. __ _ _ _ _
Occupation: White-collar workers*

._

Industry (n on agricultural):
Private wage and salary workers* _
Construction*
Manufacturing*
Durable goods*
EMPLOYMENT
Employees on payrolls of nonagricultural estab.:t1
Total, not adjusted for seasonal variation ._ thous _.
Seasonally Adjusted
._
.

Total
Mining
Contract construction
Manufacturing . . .
Durable goods ._

Ordnance and accessories. . _
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical..

Finance, insurance, and real estate
do
Services
do
Government
do
Federal.
do
State and local
'
do
Production workers on manufacturing payrolls:
Total, not seasonally adjustedti—
..thous..

r

14,633

Seasonally Adjusted

Totalt
Durable goods...
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products.
Apparel and other textile products




14, 568
8,475
199
521
400
525
1,020
1,093
1,357
1,311
1, 423
280
346
6,093
1,188
69
877
1,252

14, 778
14, 663 14, 692 '14,738
8,656
8,535 ' 8, 604 r 8, 616
199
'198
'200
198
537
'537
'540
533
411
'411
407
405
'539
536
534
535
1,059
1,042 ' 1, 049
1, 038
1,122
1,102
1,111 '1,118
1,372
1,341
1,360 '1,369
1,351
'
1,
344
'
1,
333
1,322
1,433
1,427 ' 1, 439 ' 1, 420
284
283
283
282
352
348
'354
353
6,122
6,128 ' 6, 088 ' 6, 122
1,203
1,205 ' 1, 203 '1,212
71
'71
73
71
876
'879
'880
880
1,252
1,248
1,255 ' 1, 258
1TBejginning i n the Jime 1968 SURVEY , payrol employ ment an d earnin gs data (except
man-h ours, be£ginning iVug. 1968 SURVEY ) reflect revised Denchmarks and seasonal factors;
compa rable ear lier data , except man-hou rs and nlan-hour indexes, appear i n BLS IBulletin
1312-6 EMPLOYfMENT A ND EAR?sTINGS FOR THE IJNITED i:STATES, 1909-68, $5.75, aiBailable
from t he Gov't Printin I Off., W ash., D.<3. 20402.
a Beg inning J an. 1969, federal e mployment : ncludes ibout 39, 000 civili an techn icians of the National GUIird who were trarisferred
from S tate to fe deral sta tus.
14, 474
8,399
200
518
393
518
1,023
1,066
1,331
1,313
1,415
278
344
6,075
1,187
77
878
1,245

14, 476
8,410
198
517
393
515
1,012
1,073
1,332
1,313
1,439
277
341
6,066
1,183
74
875
1,254

14, 524
8,432
186
520
396
520
1,009
1,092
1,337
1,302
1,446
280
344
6,092
1, 191
71
873
1,259

SURVEY OF CURRENT BUSINESS

S-14
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

1968
Feb.

Annual

April 1969

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Bee.

Jan.

Feb.

Mar."

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT—Continued
Seasonally Adjusted
Production workers on manufacturing payrollsContinued
Nondurable goods industries— Continued
Paper and allied products
thous..
Printing and publishing
- do .
Chemicals and allied products. _
.do
Petroleum and coal products.
..do
Rubber and plastics products, nee. . do
Leather and leather products
__do

528
662
592
115
397
304

541
665
611
118
432
308

535
662
606
117
422
307

534
662
607
117
422
308

536
663
602
117
426
311

538
665
603
118
427
312

542
664
609
118
435
312

542
665
610
119
433
301

545
666
614
118
438
307

541
663
614
118
438
306

546
667
617
119
441
308

550
669
620
119
440
309

554
671
623
119
444
306

556
'673
'621
-•73
445
'306

559
'673
'626
'101
'451
'302

559
671
625
111
453
301

hours
do
do
- do_.
do
do
do. _
do
do
do
do
do
do
do
do
do
do
. do

42.6
37.7
40.6

42.7
37.4
40.7

3.4
41.2
3.5
41.7
40.2
40.4
41.6
41.1
41.5
42.6
40.2
41.4
41.3
39.4

3.6
41.4
3.8
41.5
4U.5
40. b
41.8
41.6
41.7
42.1
4U.3
42.2
4U.5
39.4

42.3
37.9
40.6
40.8
3.5
41.4
3.6
42.2
41.2
41.0
41.9
41.8
41.4
42.2
40.3
41.9
40.8
39.7

42.3
36.8
40.6
40.7
3.4
41.4
3.7
41.9
40.5
40.9
41.7
41.8
41.5
42.1
40.2
42.4
40.8
39.5

42.8
37.8
39.8
40.1
3.0
40.7
3.1
40.9
40.1
40.0
41.7
42.3
40.4
41.0
39.5
41.1
39.6
38.5

42.6
37.2
40.9
40.9
3.7
41.5
3.8
41.5
40.3
41.2
41.8
42.0
41.7
41.9
40.2
42.9
40.5
39.7

42.9
37.6
41.1
40.9
3.6
41.7
3.8
41.6
40.7
41.1
42.0
42.1
41.9
42.0
40.6
42.5
40.6
39.7

43.4
37.3
40.7
40.9
3.6
41.5
3.8
41.3
40.7
40.7
41.9
41.9
41.7
42.0
40.3
42.6
40.5
39.2

42.8
37.5
40.7
40.7
3.5
41.1
3.7
41.6
40.7
40.6
41.9
40.2
41.7
41.9
40.5
41.9
40.5
39.2

43.1
37.9
41.2
41.1
3.7
41.7
3.9
42.0
41.1
40.8
42.2
41.3
42.1
42.4
40.9
42.6
40.6
39.7

41.3
37.5
41.1
41.0
3.7
41.6
4.0
42.0
40.8
40.8
42.2
41.4
42.2
42.3
40.5
42.6
40.6
39.5

43.2
36.0
40.9
40.8
3.8
41.7
4.1
41.5
40.4
40.4
41.7
41.4
42.3
42.3
40.6
42.5
40.6
39.3

43.4
37.8
41.1
40.7
3.7
41.2
3.8
41.3
41.2
40.4
42.0
41.5
41.6
42.3
40.2
41.6
40.6
38.8

'43.2
37.7
40.4
40.6
'3.8
41.2
3.9
'40.1
'40.0
'40.7
'41.9
41.7
41.9
'42.4
'40.4
'41.4
'40.7
'39.1

'43.2
'38.3
'39.9
'40.1
'3.5
'40.8
3.9
'40.4
'40.9
'40.1
42.1
'41.6
'41.1
'42.1
'39.6
'41.2
'39.8
'37.7

42.4
37.9
40.5
40.6
3.7
41.3
3.9
40.0
40.8
40.4
42.2
42.1
41.7
42.4
40.3
41.2
40.4
38.5

do
do
do
do
do
do

39.7
3.1
40.9
38.6
40.9
36.0

39.8
3.3
40.8
37.7
41.2
36.1

40.0
3.2
40.8
40.1
41.6
36.5

39.8
3.3
40.7
37.9
41.6
36.2

39.2
2.8
40.4
34.1
40.6
35.0

39.8
3.3
40.7
38.0
41.2
36.3

40.0
3.4
41.1
38.5
41.3
36.4

39.9
3.4
40.8
38.1
41.5
36.1

39.9
3.3
41.1
38.9
41.1
36.0

40.1
3.5
40.9
38.5
41.6
36.5

39.9
3.3
40.8
37.6
41. 1
36.4

39.7
3.4
40.6
37.6
41.0
35.9

39.9
3.4
40.9
36.3
41.4
36.2

39.7
3.6
40.7
••36.9
40.8
36.2

'39.2
3.2
40.7
'38.3
'40.1
'35.3

39.6
3.3
40.9
36.2
40.7
35.7

do
do
. do .
do
do
do

42.8
38.4
41.6
42.7
41.4
38.1

42.9
38.3
41.8
42.5
41.5
38.3

42.8
38.2
41.9
42.3
41.6
38.7

42.7
38.2
41.6
42.2
41.4
38.7

42.0
37.8
41.4
42.7
40.3
38.1

43.0
38.1
41.6
42.5
41.7
38.8

43.0
38.2
41.7
42.3
41.7
38.7

43.1
38.3
41.7
42.8
41.8
38.1

42.9
38.4
41.7
42.1
41.4
37.8

43.2
38.4
42.0
42.5
41.6
38.4

43.1
38.6
41.9
42.6
41.7
38.7

42.9
38.4
41.9
42.6
41.5
37.9

43.3
38.4
42.0
42.4
41.3
37.6

'43.3
38.2

'37.4

'42.4
37.9
'41.7
'42.6
'40.6
'35.6

43.3
38.5
42.1
42.8
40.8
37.2

do
do
...do
.do

36.5
40.3
35.3
37.0

36.0
40.0
34.7
37.0

36.1
40.0
34.9
36.9

36.1
39.9
34.7
37.1

36.1
39.9
34.8
36.9

35.9
39.8
34.6
37.1

36.3
40.3
34.9
37.1

36.2
40.1
34.9
37.0

36.3
40.3
34.9
37.0

36.1
40.2
34.7
37.1

35.9
40.1
34.5
37.0

35.8
40.0
34.5
36.9

35.7
39.9
34.3
37.0

35.8
40.0
34.3
37.2

'35.6
40.0
'34.2
'37.1

35.7
39.7
34.2
37.2

Seasonally Adjusted
Man-hours in nonfarm estab., all employees,
seasonally adjusted, annual ratefl
bil. man-hours. . 131. 86

135. 21

134.38

133.80

134.01

134.68

135. 46

135.89

136. 26

136. 30

136. 40

136. 47

136. 75 ' 137. 69 '137.74

138.88

113.7
79.9
110.9
115.8
121.4
206.3
93.3
121.7
106.4

115.4
80.8
112.2
117.7
123.0
227. 4
94.4
128. 0
109.4

115.9
77.9
118.8
117.3
122.5
225.6
97.6
127.0
102.6

114.9
77.8
113.1
117.0
122.3
225.2
95.4
126.7
98.7

114.0
82.1
115.7
115.4
120.7
221.0
93.0
124.5
110.3

115.3
81.9
110.9
117.7
123.1
225.4
92.8
128.9
109.9

115.8
82.3
109.3
118.7
123.7
231.8
93.3
129.6
111.1

115.5
83.9
109.1
118.3
123.8
232. 4
93.9
121 A
110.6

114.8
82.9
109.7
117.3
122.0
234.1
94.1
128.4
111.0

116.3
83.7
113.0
118.5
123.7
234. 0
94.8
129. 0
111.2

116.0
73.0
113.2
118.7
123.8
219.8
94.7
130.0
112.2

115.6
83.5
108.4
118.6
124.2
232.4
93.9
130.0
112.0

117.6
84.3
118.0
119.1
124.3
230.1
98.0
131.6
114.7

do
do
do
do
do
- do
do

110.0
123.7
137.3
142.5
114.1
126.5
109.0

109.1
126.5
132.7
142.3
121. b
123.4
110.0

110.1
123.8
133.8
142.6
120.0
124.7
109.9

109.9
124.8
133.
141.
121.
124.
109.7

113.0
121.2
128.8
139.2
117.9
119.3
105.3

112.2
125.2
131.6
141. 9
122.5
122.1
109.6

111.1
127.0
132.2
142. 5
123. 0
122.4
109.9

110.8
126.2
131.0
141.8
126.7
120.7
110.1

105. 9
104.2
128.0
125.9
133.2
131.6
144.4
143.0
123.4
119.3
123.4 ^ 123.2
110,6
110.

105.8
130.5
133.4
141.8
124.0
124.6
111.0

107.0
131.0
135.4
143.2
121.7
124.6
111.1

109.1
110.1
129.9
131.9
133.8 ' 136. 0
142.9 ' 144. 8
119.5 r 119. 9
125.5 r 126. 2
111.9 r 113. 0

Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products

.. do
do
do
do
do.-.

108.6
96.0
87.7
102.5
117.1

110.8
96.0
84.0
106.1
118.3

110.5
95.2
90.5
106.9
118.7

110.1
95.2
85.5
106.5
118.0

108.5
95.3
70.7
104.1
114.8

110.8
95.5
84.6
106.0
119.6

112.1
98.0
85.7
107.0
120.8

111.0
95.7
85.9
107.4
118.2

111.2
96.
91.
106.
117.

111.7
95.8
86.
107.
120.

111.
96.
81.
106.
120.

111.3
95.5
79.1
106.2
117.9

112.4
97.6
78.6
107.6
119.1

Paper and allied products
Printing and publishing —
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products

do_.
do._
do ..
do..
do._
do_.

115.3
116.7
118.6
80.8
144.
94.

118.
116.
122.
82.
157.
96.

116.9
116.2
122.3
81.
154.
97.

116.4
116.2
121.6
81.5
153.6
97.5

114.9
115.2
120.0
82.
151.
97.

118.1
116.4
120.8
82.8
156.6
99.1

118.9
116.6
122. 3
82.4
159.5
98.8

119.2
117.0
122.5
84.1
159.2
93.8

119.
117.
123.
82.
159.
95.

119.
117.
124.
82.
160.
96.

120.
118.
124.
83.
161.
97.

120.4
118.1
125.1
83.7
160.6
95.8

122 A
122.9
118.4
118.1
126.0
125.3
83.3 '50.4
161.3 ' 162. 0
94.1 '93.6

135.8
154.9
114.9

142.6
163.8
122.5

136.4
154.5
119.3

137.10
154. 94
120. 18

140.2
159.2
118.2

148. 43
138.7
146.3
141. 24 144.09 145.52 144.5
158. 20
172.8
172.9
162. 43 164.74 167.52 169.9
125.66 125. 77 I 125.97
122. 2S 1 123. 3G ! 122.10 121.6
1 See con•espondirig note, } Bottom o f p. S-13

HOURS AND MAN-HOURS
Seasonally Adjusted
Average weekly gross hours per production
on payrolls of nonagricultural estab. :t5
Mining
Contract construction
Manufacturing: Not seasonally adjusted
Seasonally adjusted
Overtime hours
Durable goods
Overtime hours
._
Ordnance and accessories
Lumber and wood products
Furniture and fixtures _.
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
__
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment
..
Instruments and related products
Miscellaneous manufacturing ind
Nondurable goods
_
Overtime hours
_
..
Food and kindred products
Tobacco manufactures
Textile mill products
.
Apparel and other textile products
Paper and allied products _ - ..
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products, nee
Leather and leather products
Wholesale and retail trade
Wholesale trade
Retail trade
Finance insurance, and real estate

worker

Man-hour indexes (aggregate weekly), industrial
and construction industries, totaltl
1957-59=100.
Mining
.
do
Contract construction
.
do
Manufacturing
do
Durable goods
do
Ordnance and accessories
-. do
Lumber and wood products
do —
Furniture and
fixtures
do
Stone, clay, and glass products
do...
Primary metal industries
Fabricated metal products
Machinery except electrical
Electrical equipment and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind.

r41.9

41.8
'41.4

' 117. 5 '117.8
'84.4 '84.9
' 117.2 ' 123. 9
' 119. 2 '118.3
' 125. 3 r 124. 4
' 225. 7 ' 225. 1
'96.4 '98.0
' 133. 3 r 132. 6
' 114. 7 ' 116. 1

118.3
83.3
119. S
119. g
126.1
224. rC
97.
133. r(
115.

' 110. 6
' 130. 2
' 136. 0
'143.
' 117. 7
'123.
'107.

113. (
132.
137.
146.
118.
125.
110.

111.2 '110.
'97.0 '97.
'82.1 '82.
106.0 '104.
119.4 '115.
'121.
'117.
'125.
'71.
'161.
'88.

111.
97.
78.
105.
117.
123.
118.
126.
78.
162.
91.

WEEKLY AND HOURLY EARNINGS
Not Seasonally Adjusted
Average weekly gross earnings per production
worker on payrolls of nonagricultural estab. :t1
Mining
dollars
Contract construction
do_.
Manufacturing establishments. _ _
do. ' Revised.
* Preliminary.
fSee corresponding note, bottom of p. S-13.




151. 02 '149.72 '149.1
168.06) '166.90 '166
r
127.8*2 126. 05 !24 4

147. (
171.i
126.'

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1969

1968

1968
Feb.

Annual

S-15

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar."

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
WEEKLY AND HOURLY EARNINGS— Con.
Not Seasonally Adjusted— Continued
Avg. weekly gross earnings per prod, worker on
manufacturing payrolls — Continued tl
Durable goods
dollars
Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures.
. .do
Stone, clay, and glass products
do

123. 60
132. 19
94.87
94.13
117.31

132. 07
135. 29
103. 68
100. 28
125.40

128. 54
136. 50
99.79
98.01
118. 90

129. 68
133. 95
100. 50
98.42
119. 19

127. 58
130. 33
100. 90
95.26
123. 85

132. 29
133.63
102. 97
99.88
126. 30

132. 92
134. 37
106. 30
101.52
127. 62

131. 02
131.61
105. 01
99.14
126.72

130. 29
134. 05
107. 12
101. 76
128. 05

135. 01
137. 76
109. 03
104. 33
130. 36

135. 85
139. 68
107. 68
104. 58
130. 36

136. 78
138. 86
105. 32
103. 22
127. 91

138. 03
141. 20
107. 16
105. 32
128. 63

136.04 '134.39
••135.34 '135.47
' 102. 56 ' 104. 26
'101.20 '100.98
'125.77 ' 126. 48

136. 78
134. 13
106. 11
102. 40
128. 13

' 154. 66 '153.55
135. 38 ' 133. 09
' 148. 40 ' 148. 54
'122.51 '120.38
' 160. 19 '155.47
'125.15 '123.78
'100.62 ' 98. 40

156. 56
136. 95
150. 38
122. 61
155. 86
125. 33
100.36

Primary metal industries
Fabricated metal products
Machinery, except electrical.- .
Electrical equip, and supplies
Transportntion equipment
Instruments and related products
Miscellaneous manufacturing ind

.do
do
do
.do.
do
do
do

137. 27
123. 67
135. 89
111.35
142. 42
117. 71
92.59

147. 68
132. 19
141. 88
118.08
155. 72
121. 10
98.50

144. 70
126. 28
139. 59
116.06
148. 63
119. 54
98.85

146. 23
128. 44
140. 86
115. 49
151. 62
119. 66
98.60

150. 52
124. 62
135. 71
112.61
146. 16
115. 44
95.12

148. 54
131. 99
141. 46
116.58
157. 38
119. 88
98.75

150. 10
132. 62
141. 37
118.15
155. 55
120. 88
99.25

148. 75
130. 41
140.11
116.51
152.52
119.39
96.36

142. 36
132. 09
139. 44
118. 37
150. 70
121.20
97.71

148. 68
136. 85
143. 82
121. 06
160. 07
123. 62
99.50

147. 24
136. 95
145. 51
121. 29
162. 92
123. 62
100. 15

149. 56
137. 80
146. 36
122. 81
165. 02
124. 85
100. 04

152. 67
136. 92
148.60
124. 03
164.86
125. 97
100. 88

Nondurable goods
Food and kindred products _ .
Tobacco manufactures
Textile mill products - _
Apparel and other textile products

do
do
do
do
do

102. 03
107. 98
87. 62
84.25
73.08

109. 05
114. 24
93. 87
91. 05
79. 78

106. 40
110. 28
93.61
89.64
79.57

106. 79
111. 08
92.01
89.84
80.15

104. 76
110. 09
87.30
86.22
76.08

108. 26
113. 68
98. 14
89.40
79.50

109. 47
115. 36
102. 31
90.69
80.30

110. 00
115.92
99.53
89.19
79.06

110.55
114. 96
95.55
92.51
81.40

112. 03
116. 48
94.33
94.02
82.26

111.88
115.21
92.43
94. 21
82.63

112.12
116.69
94.13
93.98
81.36

113. 08 111.50 '110.48
118. 37 117. 27 ' 116. 40
96.14 ' 92. 78 ' 94. 84
95.08
92.34 ' 90. 80
81.36
81.40 ' 80. 13

112. 58
117.68
93.81
92.75
83.03

do
_do
do
.do
do. .
do

122. 84
125. 95
128. 96
152. 87
113. 85
78.87

130 85
133. 28
136. 27
159. 38
121. 18
85.41

125. 50
128. 82
133. 02
153. 55
117.42
85.80

125. 93
130. 64
132. 70
154. 24
117. 14
85.25

123 97
128. 22
134. 60
162. 54
113. 32
81.92

130. 59
132. 94
136. 27
158. 90
121. 64
87.36

132. 32
132. 94
136. 45
163.18
121.42
85.31

133. 06
135. 49
136. 45
157. 78
122. 30
85.41

135. 60
137. 39
138. 60
162. 49
125. 46
85.28

134. 97
137. 03
138. 69
160. 98
125. 16
86.56

134. 78
136. 70
139. 86
161.88
124. 68
86.03

136.90
139. 65
141. 46
159. 56
125. 82
88.32

135. 45
139. 76
141.04
167. 06
121. 50
86.72

do
do
do
do

82.13
116. 06
70.95
95.46

86.40
122.00
74. 95
102. 12

84.49
119. 40
72.80
99.26

84.85
119.80
72.93
99.80

84.85
119. 89
73.49
100. 00

129 13
131. 45
135. 01
159. 64
120. 22
85.47
85.32
120. 99
73.40
101. 01

87.36
122. 92
75.82
102. 12

88. 56
122. 82
77.33
102. 77

88.80
123. 22
77.33
102. 77

88.08
124. 62
75.99
103.60

87.47
123. 91
75.46
104. 25

87.33
124. 80
75.36
104. 43

87.96
88.40 ' 88. 60
126. 23 125. 29 126. 17
76.47
76.16 ' 76. 39
105. 36 '107.14 '108.33

3.19
4.11
2.83
2.72
3.00
2.88
3.17
2.36
2.33
2.82

3.34
4.38
3 01
2.88
3.19
3.06
3.26
2.56
2.47
3.00

3.28
4.27
2.94
2.83
3.12
3.00
3.25
2.47
2.42
2.90

3.28
4.28
2.96
2.85
3.14
3.02
3.22
2.50
2.43
2.90

3.30
4.27
2.97
2.86
3.15
3.03
3.21
2.51
2.43
2.97

3.30
4.32
2.99
2.87
3.18
3.04
3.22
2.53
2.46
3.00

3.32
4.29
3.00
2.87
3.18
3.04
3.23
2.58
2.47
3.01

3.33
4.34
3.00
2.88
3.18
3.05
3.21
2.58
2.46
3.01

3.33
4.38
2.99
2.86
3.17
3.03
3,23
2.60
2.47
3.02

3.38
4.47
3.05
2.90
3.23
3.08
3.28
2.64
2.52
3.06

3.32
4.50
3.06
2.92
3.25
3.09
3.31
2.62
2.52
3.06

3.46
4.52
3.08
2.94
3.28
3.12
3.33
2.62
2.53
3.06

3.48
4.53
3.11
2.97
3.31
3.15
3.37
2.62
2.55
3.07

3.34
2.98
3.19
2.77
3.44
2.85
2.35

3.55
3 17
3.37
2.93
3.69
2. 99
2.50

3.47
3.08
3.30
2.88
3.59
2.93
2.49

3.49
3.11
3.33
2.88
3.61
2.94
2.49

3.55
3.10
3.31
2.88
3.60
2.93
2.49

3.52
3.15
3.36
2.90
3.66
2.96
2.50

3.54
3.15
3.35
2.91
3.66
2.97
2.50

3.55
3.15
3.36
2.92
3.64
2.97
2.49

3.55
3. 16
3.36
2.93
3.64
3.00
2.48

3.60
3.22
3.40
2.96
3.74
3.03
2.50

3.60
3.23
3.44
2.98
3.78
3.03
2.51

3.63
3.25
3.46
3.01
3.82
3.06
2.52

2.57
2.47
2.64
2.27
2.06
2.03
2.87
3.28
3.10
3.58
2.75
2.07
2.25
2.88
2.01
2.58

2.74
2.63
2.80
2.49
2 21
2.21
3.05
3.48
3.26
3.75
2.92
2.23
2 40
3.05
2 16
2.76

2.68
2.58
2.75
2.47
2.16
2.18
2.96
3.39
3.19
3.70
2.85
2.20
2.36
3.00
2.11
2.69

2.69
2.59
2.77
2.48
2.17
2.19
2.97
3.42
3.19
3.69
2.85
2.22
2.37
3.01
2.12
2.69

2.70
2.61
2.78
2.56
2.15
2.18
2.98
3.41
3.22
3.78
2.84
2.22
2.37
3.02
2.13
2.71

2.72
2.62
2.80
2.61
2.17
2.19
3.01
3.45
3.23
3.73
2.89
2.22
2.39
3.04
2.14
2.73

2.73
2.62
2.80
2.63
2.18
2.20
3.03
3.48
3.26
3.73
2.91
2.24
2.40
3.05
2.16
2.76

2.75
2.63
2.80
2.64
2.17
2.19
3.07
3.48
3.28
3.76
2.94
2.21
2.40
3.04
2.16
2.77

2,75
2.64
2.77
2.45
2.24
2.23
3.08
3.51
3.28
3.73
2.94
2.23
2.40
3.05
2.16
2.77

2.78
2.66
2.80
2.37
2.26
2.26
3.11
3.55
3.30
3.77
2.98
2.25
2.44
3.10
2.19
2.80

2.79
2.67
2.81
2.37
2.27
2.27
3.11
3.55
3.31
3.77
2.98
2.26
2.45
3.09
2.20
2.81

3.887
5 527
1.33
i 3. 293

4.203
5 956
'1.44

4.061
5 750

4.061
5.750

4.162
5.865

4.224
5.974

4.307
6.102

3.358

3.349

3.254

4.234
5.989
1.45
3.464

4.287
6.073

3.380

4.076
5.761
' 1.44
3.357

3.496

3. 534

101. 15
86.98

106. 75
88.08

105. 50 2 103.23
88.28 2 86. 10

106. 38
88.43

107. 16
88.64

106. 23
87.43

105. 91
86.88

108. 98
89.18

Paper and allied products
Printing and publishing- .
Chemicals and allied products
Petroleum and coal products-.. _
Rubber and plastics products, nee
Leather and leather products ..
Wholesale and retail trade .
Wholesnle trade
.
Retail trade .._
Finance, insurance, and real estate.

Average hourly gross earnings per production
worker on payrolls of nonagricultural estab.:!
Mining
.. . .
dollars
Contract construction..
._
do
Manufacturing
do
Excluding overtime
do
Durable good^
do
Excluding overtime
do
Ordnance and accessories
do.
Lumber and wood products
do
Furniture and
fixtures
do
Stone, clay, and glass products
do
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical enuip. and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind

do
do
do
do
do
.. .do
do

Nondurable goods
do
Excluding overtime do
Food and kindred products
do
Tobacco manufactures ._
do
Textile mill products
do
Apparel and other textile products
do
Paper and allied products
do
Printing and publishing
do
Chemicals and allied products.
do
Petroleum and coal products
do_
Rubber and plastics products, nee... .L.do.."
Leather and leather products
do
Wholesale and retail trade
do
Wholesale trade
do
Retail trade
do
Finance, insurance, and real estate
do
Miscellaneous hourly wages:
Construction wages, 20 cities (ENR):cf
Common labor
Sperhr
Skilled labor...
do
Farm, without board or rm., 1st of mo
do
Railroad wages (average, class I)
do
Spendable Weekly Earnings f 1
Spendable average weekly earnings per worker (with
three dependents) in manufacturing industries:
Current dollars
Constant dollars
... ..1957-59 dollars
PRIVATE SECTOR SERIESff
Not Seasonally Adjusted
Excludes government employees:f
Employees, total, nonagricultural estab
thous. .
Production or nonsupervisory workers
do
II rs. (gross), av. weekly: Unadjusted. .hours..
Seasonally adj.do.
Weekly earnings (gross), average
dollars
Hourly earnings (gross), average
do..

104. 85
88.11

54, 257 54, 520 55, 208
44, 837 45, 068 45, 742
37.3
37.6
37.6
37.6
37.8
37.9
101.84
107. 73 104. 53 104. 90 104. 44
2.79
2.80
2.78
2.68
2.85
' Revised.
» Preliminary.
1 Includes adjustments not distributed by months.
2
Effective Apr. 1968, data reflect income tax surcharge imposed by the Revenue and
Expenditure Control Act.
« As of Apr. 1, 1969.




54, 414
45, 130
38.0

55, 944
46, 372
37.8

'135.14
'136.44
'140.19
152. 40
'124.73
' 87. 46

'132.30
'136.10
'139.44
'162.18
'120.60
' 83. 41

89.21
126. 88
76.61
109. 00

3.67
3.26
3.48
3.04
3.87
3.08
2.58

3.49
'4.56
3.12
2.99
3.31
3.17
'3.35
2.59
2.53
3.06
'3.70
3.27
3.50
'3.04
'3.86
'3.09
'2.60

'3.51
4.54
3.12
3.00
3.31
3.17
'3.37
'2.60
'2.55
3.07
3.70
3.27
'3.52
'3.04
'3.82
'3.11
'2.61

3.51
4.60
3.13
3.00
3.32
3.18
3.37
2.62
2.56
3.08
3.71
3.30
3.53
3. 05
3.82
3.11
2. 60

2.81
2.69
2.86
2.51
2.27
2.26
3.12
3.56
3.33
3.80
2.99
2.27
2.46
3.12
2.21
2.83

2.82
2.71
2.88
2.55
2.28
2.26
3.14
3.59
3.36
3.79
3.01
2.30
2.45
3.14
2.21
2.84

2.83
2.72
2.91
2.57
2.28
2.28
3.15
'3.60
'3.37
3.69
3.02
'2.32
2.49
3.14
2.24
'2.88

2.84
2.73
'2.91
' 2.62
'2.27
2.27
'3.15
'3.61
3.36
'3.88
'3.00
'2.33
2.51
3.17
'2.26
2.92

2.85
2.74
2.92
2.65
2.29
2.30
3.15
3.63
3.35
3.94
3.00
2.35
2.52
3.18
2.26
2. 93

4.317
6.134
1.41

4.321
6.150

4.343
6.173

4.379
6.202
1.57

4.43
6.212

4.422
6.228
° 1.59

109. 06
88.74

109. 22
88.51

110. 65
89.45

108. 78
87.66

107. 58
86. 34

55, 497 56, 444 56,479 56, 746 56, 793 56, 853 57, 063 57, 480 ' 55, 967 56, 039 56, 420
45, 988 46, 852 46,816 47, 053 47, 127 47, 186 47, 396 47, 782 '46,279 '46,311 46, 672
37.5
37.5
37.7 '37.4 '37.3
37.8
37.7
38.1
38.1
38.3
38.2
37.7
37.5
37.5 '37.7 '37.6
37.7
37.9
38.0
37.8
37.9
37.9
111.75
'
110.
78
'
110.
33
110.
46
109.
88
106. 69 108. 59 109.25 109. 54 110. 87 110.38
2.98
2.95 '2.97
2.93
2.93
2.92
2.91
2.83
2.86
2.85
2.86
fSee corresponding note, bottom of p. S-13.
H See corresponding note, bottom of p. S-13.
cf Wages as of Apr. 1969: Common, $4.435; skilled, $6.261.

SURVEY OF CURRENT BUSINESS

S-16
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

Annual

April 1969

1968
Feb.

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HELP-WANTED ADVERTISING
Seasonally adjusted index
1957-59=100
LABOR TURNOVER
Manufacturing establishments:
Unadjusted for seasonal variation: A
Accession rate, total
mo. rate per 100 employees..
New hires
do
Separation rate total
do
Quit
do
Layoff
do
Seasonally adjusted: A
Accession rate, total
__ do
New hires
do
Separation rate, total
do
Quit
—do
Layoff
do

182

200

193

202

188

187

189

185

198

219

213

222

226

221

229

4.4
33

4.6
3.5
4.6
2.5
1.2

3.8
2.7
3.9
1.9
1.2

3.9
29
4.1
2.1
1.1

4.3
32
4.1
2.2
1.0

4.6
35
4.3
2.4
1.0

5.9
4 7
4.1
2.3
.9

4.9
3 7
5.0
2.3
1.7

5.7
43
6.0
3.7
1.2

5.7
45
63
4.1
1.1

5.0
40
4.9
2.8
1.2

3.8
29
4.1
2.1
1.2

3.0
22
38
1.6
1.4

'4.6
'3 3
'4.5
'2.3
'1.2

p3.9
p3 0
p3 9
p2. 1
p. 9

4.5
3.3
4. 7
2.5
1.4

4.1
3.4
4. 6
2.4
1.2

4.7
3.5

4.6
3.4

4.5
3.3

4.6
3.5

4.5
3.4

4.7
3.5

4.8
3.7

2.3
1.1

2.5
1.3

2.4
1. 1

2.4
1.2

2.6
1.3

2.4
12

2.6
1.1

4.7
3.5
4.5
2.6
1.1

4.7
3.8
4. 0
2.5
1.0

'4.9
P4.6
'3.9
P3.7
' 4. 6 p 4. 7
P2.8
'2.7
' 1.1
pi. 0

330
232

330
130

490
438

600
252

500
167

370
163

420
140

400
151

480
267

270
112

200
107

320
182

330
137

500
326
3,780

510
302
3, 550

690
545
4,910

810
580
5,650

750
331
4,260

630
316
3,810

690
290
3,660

670
268
2,820

720
379
3,570

500
224
2,210

410
170
1,650

480
255
3,380

500
266
2,590

400

438

482

496

538

542

531

561

540

426

360

392

373

1,651

1,478

1,214

1,025

942

1,057

1,023

867

861

984

1,252

1,584

1,550

969
1,556

762
1,390

822
1,142

696
964

642
883

1,080
991

778
955

604
802

701
794

788
913

1,161
1,172

1,240
1,491

890
1,459

3.2
2.3
1,374
243.7

2.8
2.3
1,298
231.1

2.3
••2.1
1,060
195.1

2.0
2.2
844
159.1

1.8
2.2
794
129.1

2.0
2.3
770
145.6

1.9
2.3
804
150.0

1.6
2.2
687
121.8

1.6
2.1
644
126.0

1.8
2.1
680
122*5

2.3
2.0
885
170.3

3.0
2.1
1,206
246.1

2.9
2.1
1,290*
234.2

29

26

23

20

19

20

20

19

20

21

22

24

24

24
40
38
6.7

21
36
39
70

18
29
26
4.9

17
25
23
4.7

20
25
25
4.5

28
30
25
5.3

26
32
29
5.9

22
28
26
5.2

26
27
24
5.2

26
32
26
5.3

29
38
34
7.2

32
44
41
9.0

27
43
42
8.0

12
27
4.0

15
26
4.1

8
20
3.3

4
16
2.6

13
14
2.1

19
16
2.3

10
16
3.1

7
18
3.1

9
20
4.0

6
18
3.4

11
' 19
3.6

12
24
4.8

23

4,420
22, 865
8,342
14, 523

4.6
2.3
1.4

INDUSTRIAL DISPUTES
Strikes and lockouts:
Beginning in period:
4,950
Work stoppages. _ _ .
number
4,595
2,630
Workers involved
thous
2,870
In effect during month:
Work stoppages
number
Workers involved
_
- thous
47, 300
Man-days idle during period
do. -- 42,100
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
_ _ thous
5,733
5 817
Unemployment insurance programs:
Insured unemployment, all programs©
do
1,187
1 270
State programs:
Initial claims
do
10,463
11 760
Insured unemployment, weekly avg do
1,111
1 205
Percent of covered employment:^
Unadjusted
2.2
2 5
Seasonally adjusted
Beneficiaries, weekly average
thous
936
1 017
Benefits paid . _ _
mil. $
2 092 3 2 031.9
Federal employees, insured unemployment,
weekly average.
thous
23
20
Veterans' program (UCX):
Initial claims
do
289
222
32
Insured unemployment, weekly avg do_
23
Beneficiaries weekly average
do
29
21
Benefits paid
mil. $
69 2
46 3
Railroad program:
Applications
thous
139
241
Insured unemployment, weekly avg do
20
20
Benefits paid . _
__
mil. $
40.4
40.6

P232

FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
_ _ _
_ mil. $
Commercial and finance co paper, total
do
Placed through dealers
.
do
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total, end of period.
mil $
Farm mortgage loans:
Federal land banks _
_ _
do
Loans to cooperatives
do
Other loans and discounts
_
do

4,317
16 635
4*901
11 634

4,428
20 497
7 201
13 296

4,266
17 813
5,493
12 320

4,336
18 487
5 832
12 655

4,430
17 509
5 930
11 579

4,359
18 417
5,761
12 656

4,286
18 798
5,822
12 976

4,330
19 746
6,270
13 476

4,418
20 734
7,091
13,643

4,327
20, 264
7,737
12, 527

4,420
20 839
7 592
13 247

4,389
22, 220
7,758
14,462

4,428
20, 497
7,201
13, 296

4,370
21, 813
7,873
13, 940

10 848

11 748

11 188

11 361

11 488

11, 598

11, 730

11, 830

11,809

11,722

11, 734

11, 677

11, 748

11, 907 Ul,946

5 609
1 506
3 733

6,126
1 577
4 044

5,721
1 595
3,871

5,793
1 598
3,970

5,853
1 549
4,085

5,923
1,482
4,193

5,973
1,454
4,302

6,004
1,454
4,372

6,033
1,450
4,326

6,064
1,479
4,179

6,094
1,551
4,090

6,107
1,583
3,987

6,126
1,577
4,044

6,169
1,630
4,108

6,226
1,680
14,040

7 948 5
3, 595. 0
4 353 5
1, 771. 0
2, 582. 5

8 163 0
3, 726. 1
4 436 9
1, 807. 9
2, 629. 0

8 521 8
4, 079. 6
4 442 2
1,825.2
2, 617. 0

8 368.4
3, 857. 8
4 510 6
1, 840. 2
2, 670. 4

8 599 8
3, 953. 7
4 646 1
1, 904. 9
2, 741. 2

8, 540. 1
3, 925. 9
4, 614. 2
1, 904. 1
2, 710. 1

8, 752. 9
4, 076. 8
4, 676. 1
1, 902. 4
2, 773. 7

8 733 3
3, 896. 7
4 836 6
2, 007. 7
2, 828. 9

8 832.8
3, 929. 8
4 903 0
2, 047. 4
2, 855. 6

Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 S MSA's) O
bil $
New York SMSA
"
do
Total 232 SMSA's (except N Y )
do
6 other leading S MSA's t
do
226 other SMSA's..
do

6 661 5
2 921 2
3 740 3
1 471 8
2 268 5

8 002 2
3 635 2
4 367 0
l' 765 5
2 601 5

7 263 9
3, 216. 8
4 047 1
l' 593 3
2 453.8

7 218 7
3, 197. 9
4 020 8
1 601.6
2,419.2

7 500 7
3^ 285 5
4 215 2
l' 673 5
2,541 7

7 614 0
3' 370. 6
4 243 4
1 722.0
2, 521. 4

Federal Reserve banks, condition, end of period:
Assets, total 9
mil $

75 330

78 972

73 462

72, 892

74 393

74, 736

75, 510

76, 296

75, 592

77, 388

77 215

78, 977

78, 972

77,635

77,849

78, 772

51, 948
141
49, 112
11 481

56, 614
188
52, 937
10, 026

51, 056
166
48, 952
11, 384

52, 127
672
49, 691
10, 131

52, 612
741
50, 507
10, 128

53, 436
1,026
50, 625
10, 026

54, 610
305
52, 230
10, 025

54, 880
736
52, 397
10, 025

55, 461
529
53, 044
10, 026

54, 707
390
53, 279
10, 026

55, 919
179
53,329
10, 026

55, 697
471
53, 350
10, 026

56, 614
188
52, 937
10, 026

55, 892
862
52, 127
10, 025

55,857
744
52, 275
10, 025

55,163
1,148
52, 405
10, 025

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
.
Member-bank reserve balances
Federal Reserve notes in circulation

do

75 330

78 972

73 462

72, 892

74, 393

74, 736

75, 510

76, 296

75, 592

77, 388

77, 215

78, 977

78, 972

77, 635

77,849

78, 772

do
do
do

22 920
20, 999
42, 369

23 473
21, 807
45, 510

23 040
21, 195
41,211

22, 614
21, 133
41,490

22, 885
21, 221
41, 811

23, 217
21, 334
42, 137

23, 196
21, 462
42, 534

23, 496
21, 702
42, 857

23, 314
21,808
43, 179

22, 949
21, 233
43, 273

23, 935
22, 316
43, 472

23, 667
22, 533
44, 481

23, 473
21, 807
45, 510

24,295
23, 124
44, 170

23, 909
22, 801
43, 992

23, 289
21,588
44, 232

27.1

22.0

27.6

24.4

24.2

23.8

23.6

23.4

23.2

23.2

23.1

22.5

22.0

22.7

22.8

22.7

Ratio of gold certificate reserves to FR note
liabilities
_
percent..

p Revised.
7 Preliminary.
1 Beginning Feb. 1969, data for indicated month exclude
loans by Federal Intermediate Credit Banks outside the Farm Credit Adm. system now
reported quarterly only.
AAdjusted to new benchmarks and seasonal factors; see note "1T," P- S-13.
0Exchides persons under extended duration provisions.




cfTnsured unemployment as % of averaee covered employment in a 12-month period.
OTotal SMSA's include some cities and counties not designated as SMSA's.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
9 Includes data not shown separately.

SUEVEY OF CUREENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

End of year

S-17
1969

1968
Mar.

Feb.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

26 001
25 702
299
525
226

26 069
25 694
375
565
— 190

26 077
25 694
383
515
— 132

26 653
26393
260
427
167

26 785
26 461
324
569
— 245

27221
26 766
455
752
—297

28,063 '27 291
27,846 '27, 063
217
'228
824
697
—480
—596

Mar.

FINANCE—Continued
BANKING- Continued
AH member banks of Federal Reserve System,
averages of daily figures:
Reserves held, total
mil $ 1i 25 260 i1 27 221 25 610 25 580
Required _
_.
do
24,1 915
26, 766 25 211 25 224
Excess
do
i 455
345
399
356
Borrowings from Federal Reserve banks___do
1752
1238
361
671
i 107
Free reserves
do
i —297
38
315
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjustedd"
mil $
88 930 75 721 76 244
81 848
Demand, total 9
do
127 277 144 295 116 456 117 044
Individuals, partnerships, and corp
do
102,
818 82, 761 84, 721
92, 380
State and local Governments
___ do _
6 231
7,675
5 620
5 984
r
U.S. Government
do
3 437
3 818
6 515
3 393
Domestic commercial banks
do
19, 064 12 785 14 202
15 752
Time, total 9
do
Individuals, partnerships, and corp.:
Savings
do
Other time .
do
Loans (adjusted), totaled
__
_ do
Commercial and industrial
do
For purchasing or carrying securities
do
To nonbank financial institutions, _
do
Real estate loans. _
do
Other loans...
_. . _do

102 921
48 864
38 273

25 546
25 276
270
683
—413

49 161
45 013

48 386
39 113

48 9470 48 597
39 95 '39 993

48 274
41 972

••143, 951 161,824 140 477 '142 034
f 66 201
73, 988 '64 945 '66 886
' 8, 340 9,533
7,562
6,578
T
11,866
10,415
9,303
9,597
32, 051 ••29, 218 '29, 394
'r 29, 126
40, 882 '36 397 '36 059
37, 702

'144,838
'67 625
6, 938
10, 540
'29, 675
'36, 982

'143,633 '148,694
'66 902 '69 041
6,736
7, 689
' 9, 616 '10, 557
'29, 982 '30, 364
'37 777 '39 038

'149 812
'68 996
8,839
'10,340
'30, 575
'38 284

113 191

102 132

26, 715
26, 538
177
918
— 741

78 384 r76 132 '76 163 78 839 76 793 78 029 '79 134 '78 963 88 930 81 120 79 801 81 891
121 317 115 107 123 430 122 373 117 004 127 364 '123 574 125 007 144 295 127 002 124 747 128 683
86, 147 '83, 859 87, 998 87, 330 84, 929 88, 412 '88, 655 91,495 102,818 90, 113 89, 131 93, 164
6,257
6,272
7,121
6 247
7,675
6,318
5 946
6 202
5 516
6 366
6 175
6 175
3 882
2,003
2 793
3 107
1 429 ' 3 437 5 434
5 208
3 774
3 055
5 485
3 990
13 394 13 135 '15 838 14 582 13 635 16 216 14 896 15 596 19 064 14 596 14,915 16, 259

48 990
39 632

CONSUMER CREDIT
(Short- and Intermediate-term)
Total outstanding, end of year or month f mil $

48 620
39 910

68, 347 '62 961 61 482 60 885 61 136 60 083 62 131
29, 354 28, 738 27, 208 26, 005 '26, 476 '25, 275 27, 070
24, 040 23 870 23 423 23 210 23 942 23 382 23 253
38, 993 '34 223 r34 308 '34, 914 '34, 694 '34 808 '35 060

48 269
43 042

48 512
44 023

48 522
45 106

48 672
45 926

49 161 '48 340
45 013 '44 416

48 335
44, 227

48, 650
43,419

148 615 153,411 151 926 '154,023 161,824 156, 682 '157,598 159, 640
'68 008 '69 553 69 702 71 178 73 988 72 896 '73, 709 75, 269
7,025
7, 390 ' 7, 246
8,751 10,245 ' 8, 296 ' 7, 697 9,533
9, 789 10, 587 '10 240 10, 287 11,866 10,401 '10,539 10, 709
'30, 866 '31, 197 '31,469 '31, 773 32, 051 32, 220 '32, 479 32, 627
'38 670 40, 137 '39 482 '40, 453 40, 882 42, 745 '42, 722 42, 949
129
781
401
348

66 239
28, 602
24 701
37, 637

68 051
30, 099
24 770
37 952

66 525
28, 231
24 480
38 294

68, 347
29, 354
24 040
38, 993

65, 861
27, 656
23, 649
38, 205

63, 193
25, 146
22, 851
38, 047

370.4
241 1
63 9
65 5

374.8
243 8
64 0
67.0

379.6
246 9
64 2
68 5

381.6
250 4
61 0
70.2

384.5
252 3
61.7
70.5

385.3
253 8
60.4
71.0

386.7
257.9
57.8
71.0

64
27,
24
36

64, 066
26, 073
22, 552
37, 993

385.9
257.3
57.1
71.5

384.5
252.3
61.7
70.5

353.9
229 2
62 0
62 7

2
6.68
2
6.45
2

7.01
2 6.72
2
6.
50
2
6. 66
2
6.64

6 36
6.14
6 73
6 35
6 21
6 41
6 31

5.50
6 41
6 85

4 50
6 10
6 71

5 00
6 21
6 71

5 50
6 30
6 71

5.50
6 37
6 75

5.50
6 47
6 92

5 50
6 57
6 96

5 25
6 61
6 96

5 25
6 61
6 96

5 25
6 59
6 96

5.25
6 54
6.96

5.50
6.53
6.97

5.50
6 54
6.98

5.50
6.62

«5. 50

2

6.83
26.90

6 47
6.58

6 50
6.59

6.57
6.64

6.69
6.81

6.88
6.97

7.04
7.10

7 10
7.12

7.10
7.11

7 09
7.09

7.07
7.07

7.09
7.09

7.16
7.18

7.26
7.28

7.31
7.34

3 5.75
3 5. 90
3
5. 69
6.33

5.23
5.50
5.25
6.00

5.50
5.64
5.40
6 00

5.75
5.81
5.60
6.18

6.04
6.18
5.99
6.50

5.96
6.25
6.04
6.50

5.85
6.19
6.02
6.50

5 66
5.88
5.74
6 50

5.63
5.82
5.61
6 50

5.79
5.80
5.59
6 50

5.97
5.92
5.75
6.25

6.20
6.17
5.86
6.50

6.46
6.53
6.14
6.97

6.47
6.62
6.33
7.00

6.66
6.82
6.38
7.26

3 5. 339
3
5 59

4.969
5 59

5.144
5 77

5.365
5 69

5.621
5 95

5.544
5.71

5.382
5 44

5.095
5 32

5.202
5 30

5.334
5 42

5.492
5 47

5.916
5.99

6.177
6 04

6.156
6.16

6.080
6.33

2
2

352.5
229 0
59 9
63 6

355.2
231 4
60 3
63.4

357.3
232 6
61 0
63.6

357.8
233 5
60 4
63 9

365.9
238 4
63 1
64 4

6.84
6.60
7.19
6.89
6 61
6.87
6.76

6
6
7
6
6
6
6

7.32
7.13
7.59
7.41
7.01
7.25
7.34

6 61
6.40
6 95
6.69
6 44
6.48
6.62

89
67
16
96
74
86
86

107 636 108 643 110 035 113 191 112 117 111 569

100 771 100 981 102 257 103 411 104 620 105 680

Installment credit , total
do
89 890 80 233 80 474 81 328
80 926
Automobile paper .
do
30 724
34 130 30 682 30, 942 31 331
Other consumer goods paper
do
22 395
24 899 21 767 21 644 21 841
Repair and modernization loans
do
3 925
3 708
3 688
3 697
3 789
Personal loans,
do
24 018
26 936 24 076 24 200 24 459
By type of holder:
Financial institutions, total
do
77 457 69 439 69 840 70 600
69 490
Commercial banks
do
36 952 39 839 33' 082 33 562
32 700
Sales finance companies. _
do
18 219 16 713 16 759 16 868
16 838
Credit unions
...
do
8 975
9 109
8 972
10 178
8 899
Consumer finance companies
do
8 913
8 071
8 091
8 144
8 103
Other
.
do
2 933
2 877
2 917
3 195
2 917
Retail outlets, total .
do
12 433 10 794 10 634 10 798
11 436
Automobile dealers
do
293
285
320
286
289
Noninstallment credit, total
do
21 206
23 301 20 538 20 507 20 929
Single-payment loans, total
do
8 529
9 138
8 636
8 4°8
8 484
Commercial banks
do
7 416
7 340
7 975
7 375
7 526
Other financial institutions
do
1 113
1 109
1 110
1 088
1 163
Charge accounts, total
do
6,968
7 755
5 859
5,710
6,026
Credit cards
do
1 029
1 012
1 021
1 017
1 305
Service credit
do
5.810
6.408
6.195
6.268
6.267
' Revised.
« Beginning
Apr. 4, discount rate
(N.Y.F.R. Bank) is 6.00 percent.
1
2
3
Average for Dec.
Average for year.
Daily average.
cf^or 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).

336-296 O - 69 - 5

25 713
25 362
351
692
—341

112 103 104 961 104 696 104 080 '104 171 '104 105 106 411 108 259 109 359 110 771 111 937 112 103 110 030 109,239 108, 387

Investments, total _ _ _ _ _ _
do
r 61 818
U.S. Government securities, total
do
28, 371
Notes and bonds
_
do
22 322
Other securities. _ .
_
do
f 33 447
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas. adj. :t
Total loans and investments©
bil. $__
346. 5
LoansO
do
225 4
U.S. Government securities
do
59.7
Other securities.
do
61.4
Money and interest rates: §
Bank rates on short-term business loans: t
2
In 35 centers
percent per annum
5 99
2
New York City
_
do
5 72
2
7 other northeast centers
do
6
34
2
8 north central centers.
do
5 96
2
7 southeast centers
do
5
96
2
8 southwest centers
do
6 06
2
4 west coast centers
do
6 09
Discount rate (N.Y.F.R. Bank), end of year or
month.. _
percent
4 50
2
Federal intermediate credit bank loans
do
5 88
2
Federal land bank loans
do
6 02
Home mortgage rates (conventional 1st mortgages) :t
New home purchase (U.S. avg.) ._ percent
26.33
2
Existing home purchase (U.S. avg.)
do
6. 40
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
34.75
Commercial paper (prime, 4-6 months)__do
35.10
Finance Co. paper placed directly, 3-6 nio.do
34.89
3
Stock Exchange call loans, going rate ..do
5.66
Yield on U.S. Government securities (taxable):
3-month hills (rate on new issue)
percent _. 3 4. 321
3
3-5 year issues .
do
5 07




05 505
25 085
4°0
746
396

82 312
31, 818
22 Oil
3 746
24 737

83, 433
32, 364
22, 248
3 769
25, 052

84 448
32, 874
22 452
3 808
25 314

85 684
33 325
22 777
3' c r y
25 725

86
33
22
3
25

71 560
34 079
17, 010
9 271
8 175
3 025
10 752
298
21 099
8 663
7 526
1 137
6 276
1 022
6.160

72 610
34 585
17, 239
9,461
8 302
3 023
10 823
303
21 187
8 674
7,546
1 128
6,368
1 090
6.145

73 573
35 103
17, 448
9 574
8 397
3 051
10 875
308
21 232
8 695
7 565
1 130
6,457
1 160
6.080

74
35
17
9
8
3
10

75
35
17
9
8
3
11

690
672
670
739
490
119
994
313
21 406
8 774
7,627
1 147
6,574
1 245
6.058

184
336
988
881
979

114
923
680
851
530
130
070
313
21 452
8 868
7 719
1 149
6,550
1 267
6.034

87 953
33, 925
23 668
3 931
26 429

89, 890
34, 130
24, 899
3 925
26, 936

89, 492
34, 013
24, 682
3 886
26, 911

89, 380
34, 053
24, 404
3,875
27, 048

871 76 446
352 36 560
823 17, 960
962 10 049
8 685
588
3 192
146
187 11 507
319
317
21 585 22 082
9 024
8 943
7,857
7 794
1 167
1 149
6,964
6 692
1 294
1 268
6.094
5. 950

77 457
36 952
18,219
10, 178
8 913
3 195
12 433
320
23 301
9 138
7, 975
1 163
7,755
1 305
6.408

77 360
37, 005
18, 175
10, 101
8 879
3 200
12 132
319
22 625
9 038
7,878
1 160
7,097
1,334
6.490

77 577
37, 056
18, 219
10, 153
8,896
3,253
11,803
319
22, 189
9,050
7,877
1,173
6,403
1,316
6,736

87 058
33 698
23 248
3 910
26 202
75
36
17
9
8
3
11

9Includes data not shown separately. tRevised monthly data for commercial bank credit
for 1948-June 1967 appear on p. 44 of the Sept. 1968 SURVEY; those for consumer credit for
1956-67 appear in the Dec. 1968 Federal Reserve Bulletin; and those for 1965-66 for home mortgage rates will be shown later.
©Adjusted to exclude interbank loans.
§For bond yields,
see p. S-20.
fBeginning Feb. 1967, series revised to cover 35 centers and exclude rates for
certain loans formerly included (see May 1967 Federal Reserve Bulletin).

SURVEY OF CURRENT BUSINESS

S-18
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

April 1969

1968

1968
Feb.

Annual

Mar.

Apr.

May

June

1969

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FINANCE—Continued
CONSUMER CREDIT d"— Continued
Installment credit extended and repaid:
Unadjusted:
Extended, total
...mil. $
Automobile paper
do
Other consumer goods paper
do
All other
.
do
Repaid, total
__
Automobile paper
Other consumer goods paper. _ _
All other
Seasonally adjusted:
Extended, total.. _
_.
Automobile paper
Other consumer goods paper __
All other..
Repaid, total
Automobile paper
Other consumer goods paper _
All other. .

do
... do
do
do
_ _

97, 053
31 424
30, 593
35 036

6,716
2 296
1,925
2 495

7,501
2 565
2 295
2 641

8,219
2 764
2 533
2 922

8,377
2 853
2 520
3 004

8,115
2 735
2,441
2 939

8,738
2 974
2 631
3 133

8,502
2 774
2, 531
3 197

7,682
2 354
2,462
2 866

8,687
2,917
2,752
3 018

8,166
2 546
2,739
2 881

9,568
2,489
3,608
3 471

7,557
2 369
2 449
3 739

6,971
2,344
1,985
2,642

81, 306
26, 499
25, 535
29, 272

88, 089
28, 018
28, 089
31, 982

6,862
2,193
2,275
2 394

7 260
2 305
2,418
2 537

7 365
2,375
2,336
2 654

7 393
2,366
2,350
2 677

6 994
2,189
2,204
2,601

7 723
2,464
2,427
2 832

7,266
2,323
2, 206
2, 737

7, 182
2,343
2,251
2,588

7,813
2,555
2,492
2,766

7,271
2,319
2,319
2 633

7,631
2,284
2,377
2,970

7 955
2,486
2,666
2 803

7,083
2,304
2,263
2,516

7,847
2 559
2 458
2 830

7
2
2
2

903
605
531
767

7
2
2
2

863
509
597
757

8
2
2
2

033
590
535
908

8,003
2 570
2 536
2,897

8
2
2
2

247
673
622
952

8,187
2 684
2 483
3,020

8,416
2 783
2 560
3,073

8,533
2 782
2,645
3,106

8
2
2
2

288
681
640
967

8
2
2
3

277
592
656
029

8 371
2 661
2 654
3 056

8,414
2,716
2,598
3,100

7
2
2
2

7
2
2
2

281
316
372
593

7
2
2
2

222
297
340
585

7
2
2
2

301
327
312
662

7 287
2 289
2,324
2 674

7
2
2
2

390
352
374
664

7 253
2 327
2,209
2 717

7 701
2 482
2,428
2 791

7,586
2 391
2,451
2 744

7
2
2
2

454
363
388
703

7
2
2
2

502
357
422
723

7 730
2 467
2,442
2 821

7,616
2,468
2,352
2,796

19 539
14 374
5 165

11 739
13 986
2 954

13 199
16 092
2 963

15 070
9 332

15 890
14 465
1 355

15 845
15 798
47

14 590
14, 361
229

313
2 564

189
3 153

55
9 387

71

37

1 4°7

84

—373
—144

do
do
do
do
do
do .
do
do

FEDERAL GOVERNMENT FINANCE
Budget receipts, expenditures, and net lending: 1
Expenditure account:
Receipts (net)
mil $
Expenditure (excl. net lending)
do
Expend, acct. surplus or deficit (— )
do
Loan account:
Net lending
do
Budget surplus or deficit (— )
do
Budget financing: ^
Borrowing from the public
do
Reduction in cash balances. _
do
Total, budget financing .
do
Gross amount of debt outstanding!
do
Held by the public . .
do
Budget receipts by source and outlays by agency:U
Receipts (net), total
mil $
Individual income taxes (net)
do
Corporation income taxes (net)
do
Social insurance taxes and contributions
(net)
mil. $ .
Other
do
Expenditures and net lending, total 9
do
Agriculture Department.. ...
_
do
Defense Department, military
. do
Health, Education, and Welfare Department
mil. $
Treasury Department
do
National Aeronautics and Space Adm
do
Veterans Administration
.
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
Federal Government receipts, total... . bil. $
Personal tax and nontax receipts
do
Corporate profit tax accruals
do
Indirect business tax and nontax accruals do
Contributions for social insurance
do
Federal Government expenditures, total do
Purchases of goods and services. __ .
do
National defense. . .
do
Transfer payments
.
do
Grants-in-aid to State and local govts
do
Net interest paid
do
Subsidies less current surplus of government
enterprises..
bil $
Surplus or deficit (— )

84, 693
26 667
26, 952
31 074

do

111
275
269
567

*149 56? i 153 676 12 087
U53 299 i 172 806 13 695
i_3 736 i 19 130 1 608
i 5 053 i
i g 790 i

6 057
95 187

688
2 296

11 870
14 3119
2 44

19 045
15 199
3 847

11 711
15 385
3 674

611
3 053

479
3 368

856

313

4 599

4 859

18 775 10 687
16* 049 16? 594
2 726 —5 837
9
07
2 518

986
6 1"

19 73R

IT 2 838 IT 23 100
4 085
2 786 r 3 752 T 4 050 2 839
3 195
4 528
3 586
1 631
1 696 — 1
686
1 350
9 159
9*997
ir 5 952 IT 2 087
T _i 100 r i 495
9 010
1 789
314
3 073
l' 710 2
1 737
4? 403
l' 743
9
9
9
9
9
6 199
i g 790 i 25 187
3 368
2 387
84
2 96
2 564 3 153 — ' 518
14 7
4 5 9 —4 85
3 053
Ir
341 348 IrIr369 768 370 639 368 862 367 749 373 18*5 T 369 768 373 355 378 017 379 615 375 365
375 190 371 967 373 618 373
9
Ir
9
995
441
991
596
994
383
993
481
997
599
994
578
991
855
r 990 631 994 690
291
993 001 296 1 6
267 531 290 631
293 2 7

887
031
144
164
595

i 61 526
i 33 Q71

153 676 12 087
68, 726 5,627
i 28 665
543

11 870
3 401
4 397

19 045
9,388
4 949

11? 711
3 805
650

19 539
7,608
7 300

11 739
5,013
2 175

13 199
6,360
538

18 775
9,' 199
5 000

10 687
5,' 299
1 278

1° 738
6,483
559

15 890
6,397
5 159

i 33 347
i 20 718
i 158 359
i 5 841
i 67 453

i 34 690
i 21 666
i 178 862
i 7 308
i 77 373

4 283
1 633
14 383
495
6 163

2 956
1 815
14 993
777
6 070

3 4539
1 96
15 678
796
6 831

5 175
2 080
16 941
565
6 909

2 803
1 828
14 687
197
7 199

2 411
2 133
14 990
' 696
5 543

4 449
1 789
16 981
1 286
6,387

2, 651
1 995
16 256
1 685
6 429

2,256
1 854
16 810
1, 267
6,739

3 659
2 036
15 195
781
6 335

2 118
2 147
14 394
675
6,702

176
1 844
15 761
*808
6 568

4,880
1 742
14, 734
395
6,227

i 34 608 i 40 576
i 13 059 i 14 655
i 5' 423 i 4 791
i 6* 845 i 6 858

3 316
1 228
395
598

3 581
1 312
410
606

3 409
1 350
377
634

4 374
1 347
425
610

3 903
1 396
450
485

3 597
1 345

3 771
1 360
434
599

3 764
1 351
342
622

3,790
1 254
393
597

3 830
1 441
334
617

3 776
1 416
353
623

3 830
1 373
347
632

3,849
1,422
335
633

1 149 PJ69 1

1

590

15 845
I0't 222
1 603
9

14 590
7,287
682

151 2
67 3
30 9
16 2
36 8

176
79
38
17
41

9
3
4
6
5

166 6
72 0
37 0
17 0
40 5

171.8
74 9
38.2
17 5
41.2

182.1
83.7
38.6
17.8
42.0

' 187. 0
86.8
r
39. 8
18 1
42.4

163
90
72
42
15
10

182
100
78
47
18
11

2
0
9
8
4
9

175 1
97 1
76 8
45 1
17 7
11 3

181.9
100.0
79.0
47.7
18.3
11.8

184.9
101.2
79.6
48.7
18.5
12.1

186.9
101.7
80.0
49.5
19.2
12 3

189.5
102.3
80.3
50.6
19.8
12.6

4 1

39

4. 1

4.4

4. 1

4.2

5 4

8 6

— 10.2

-2.8

.2

6
6
4
3
7
3

4 8
12 4

r

92.7
18.4
46.3

LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies +
bil $
Bonds (book value) total
do
Stocks (book value), total
do
Mortgage loans, total
do
Nonfarm
do
Real estate
do
Policy loans and premium notes
do
Cash
do
Other assets
do

2 177
2 75
2 10
2 67
2 61
25
2 10
2i
26

36
49
79
52
95
19
06
56
83

2 187
2 79
2 13
2
69
2 63
25
2 11
2i
27

70
18
00
75
90
60
30
60
28

178
76
9
67
69
5
10
1
8

76
68
17
87
29
24
26
33
21

179 48
76* 97
9 35
68 06
62 42
5 26
10 36
1 18
8 30

180 41
77.15
9.43
68. 12
62 45
5.30
10.47
1 19
8 74

181 23
77 42
9 59
68 34
62 63
5 34
10 60
1 17
8 78

182 11
77 59
9.75
68.51
62 78
5 37
10.73
1 24
8 92

183 09
78 14
9. 94
68.71
62 97
5.42
10.81
1 40
8.68

183 84
78 34
10.04
68.91
63.15
5.47
10.92
1 35
8.79

184. 75
78.51
10.17
69.02
63.25
5.50
11.03
1.45
9.07

185 70
78 98
10.34
69. 21
63.43
5.51
11.12
1.46
9.08

186 89
79 32
10.51
69.41
63.63
5.54
11.20
1.45
9.47

187 70
79 06
10.83
70.07
64 27
5.57
11.28
1.67
9.21

188 97
79.95
11.07
70.20
64.44
5.62
11.40
1.42
9.31

.

Payments to policyholders and beneficiaries in
U.S., total
mil. $„. 13,293.6 14; 385. 0 1,150.8 1, 278. 4 1, 155. 3 1,177.9 1, 127. 2 1,120.5 1,198.8 1,162.3 1, 247. 2 1,087.3 1, 506. 9 1, 293. 9
498. 6
541.2
589.0
Death benefits
do
476.4
547.8
466.1
507.3
499. 2
525 8
508.7
531 6
575 4
5 665 3 6 209 3
75.0
79.2
84.6
<)67 2
75.4
Matured endowments
do
74 9
87.5
76 7
75 5
83 8
84 1
81 0
90 5
1 017 1
15. 6 '
18.5
15 9
17 0
15 5
Disability payments
do
18 6
15 4
16 8
16 2
15 5
13 7
195 6
174 6
18 0
113.2
122. 8
151.4
117.0
110.8
Annuity payments
do
118.7
117. 3
112.1
112.2
117 2
114 4
111 8
1 261 3 1 401 0
215.7
200.5 j 218. 6
221.8
Surrender values
do
194 4
186.5
204 7
201 4
218 5
208 1
197 0
2 243 1 9 456 4
215 0
259. 4 ! 257. 5
226. 8
543.0
225.7
242. 4 | 212. 3
Policy dividends. .. __
do
282. 4
227.0
216. 1
267.7
2.932.2 3, 155. 5
213.1
f

Revised.
1
Data shown in 1967 and 1968 annual columns are for fiscal years ending June 230 of the
respective years; revised monthly data for July-Dec. 1967 will be shown later.
Annual
statement values.
cf Sec. note " J" on p. S-17.
IfTables showing cash transactions and administrative budget receipts and expenditures




have been discontinued. Data shown in the indicated sections are on the basis of budget
concepts adopted pursuant to the recommendations of the President's Commission on Budget
Concepts.
9 Includes data for items not shown separately.
J Revisions for Apr. 1966-Dec. 1967 will be shown later.

S-19

SURVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

Annual

1969

1968

1968
Feb.

Mar.

Apr.

May

June

Nov.

July

Aug.

Sept.

Oct.

11,407
8,433
2,451
523

12, 295
8,470
3,305
520

11,161
8,101
2,533
527

13, 802 1 15, 658
9,782
8,888
3,471 i 6, 234
536
549

Jan.

Dec.

Feb.

Mar.

FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association :J
Insurance written (new paid-for insurance):
Value estimated total
mil $
Ordinary (incl mass-marketed ord )t
Groupt
Industrial
do
Premiums collected:
Total life insurance premiums
do
Ordinary (incl mass-marketed ord )t do
Groupf
do
Industrial
do
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of period).. .mil. $..
Net release from earmark §
do
Exports
thous $
Imports
do
Production, world total
mil $
South Africa
do
Canada
do
United States
do
Silver:
Kxports
thous $
Imports
do
Price at New York
dol per fine oz
Production:
Canada
thous fine oz
Mexico
do
United States
do
Currency in circulation (end of period)
bil $
Money supply and related data (avg. of daily fig.) : t
Unadjusted for seasonal variation:
Total money supply
bil. $_.
Currency outside banks
do
Demand deposits __ _
do
Time deposits adjustedl
do
U.S. Government demand deposits
do
Adjusted for seasonal variation:
Total money supply
do
Currency outside banks _
_ do
Demand deposits
do
Time deposits adjusted^ .
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (233 SMS A 's) O_ .ratio of debits to deposits
New York SMSA. ..
.. .
do
Total 232 SMSA's (except N.Y )
do
6 other leading SMSA'scf
do_
226 other SMSA's
do
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
do
Lumber and wood products (except furniture)
mil $
Paper and allied products
do
Chemicals and alMed products
do
Petroleum refining
do
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 equipment
do
All other manufacturing industries
do
Dividends paid (cash) all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil $
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes, total
Corporate
Common stock
Preferred stock
By type of issuer:
Corporate, total 9 .
Manufacturing
Extractive (mining)

mil. $. _
do
do
do
do
do
do
do

1

141, 799 1151,898
94, 777 104, 806
39, 968 i 40, 485
6,607
7,054

10, 871
8,118
2,198
555

17,017
12, 822
2,843
1,352

18, 052
13, 510
3,201
1,341

a' 1,427
ar 1,094
a ^235
ar98

11,982
-86
1,005,199
32, 547
2pl 410 0
1,068. 7
103.7
53 4

10, 367
187
839, 160
226, 262

1

14, 421
9,139
4,670
612

11,786
8,898
2,331
557

11,416
8,435
2,431
550

' 1, 484 ' 1, 459 'r 1,512 ' 1, 431 r 1,510 '1,514
r
1, 129
' 1, 128 ' 1, 095 1, 146 ' 1, 083 ' 1,119
'252
'266
'285
-•291
'266
'257
-•100
.'96
' 101 '100
'98
'99

11,882 10, 484
-31
-234
-949 500, 800
1,839 1.2, 596

10, 484
-148
1,302
29, 283

10, 384 10, 367
-31
413
254 300, 630
19, 153 16, 094

16, 642
9,998
6,070
574

' 1, 429 ' 1, 567 '1,425 ' 1, 833 1,519
' 1, 072 '1,192 ' 1, 084 ' 1, 243 1,165
252
'246
'340
'276
'258
102
'99
'95
'249
'99

1,493
1,137
263
93

10, 367
-66
0
14, 292

10, 367
-28
202
15, 005

8,653
6,719
1.979

17, 648
8,244
1.840

49.0

49.0

10, 367
-49
9,199
59,648

10,367
-76
458
13, 361

10, 367
170
11, 732
18, 365

10, 367
36
11,484
20, 770

10,367
92
370
16, 128

10, 367

n

478
15, 824

91. S
8.3

91.8
8.2

93.1
8.4

91.5
7.5

90.5
7.4

91.5
7.7

93.7
8.3

92.4
7.7

87.9
7.5

83.5
7.7

100, 710 '•251,046 '23,486
9, 192
80, 178 ' 143, 484 ' 7, 696 12, 436
2.145
1.550
2.180
1.855

19, 526
8,567
2. 203

18, 953
14, 306
2.377

41, 149
13, 019
2.464

35, 673
16, 543
2.314

17, 207
10, 844
2.195

18, 806
13,421
2.208

20, 990
14, 182
1.973

11,884
11, 547
2.018

21, 529
10, 496
1.959

1, 088. 0
94.1

90.0
7.7

10, 367

37, 206
3 37 Q39
30, 354
47.2

45, 390

3,672
2,276
1,079
45.8

3,640
4,017
1,268
46.3

3,435
4,894
2,017
46.6

3,807
2,826
2,841
47.2

3,559
4,419
4,233
47.6

4,536
2,379
3,282
48.0

4,564
3,300
4,196
48.4

3,372
4,175
4,092
48.3

4,616

3,596

3,251

37, 168
51.0

4,327
48.7

4,368
50.0

4,762
51.0

176.4
39.4
137.0
173.3
5.1

187.6
42.0
145.5
192.2
5.6

181.4
40.3
141.1
185.8
7.2

182.0
40.7
141.2
187.7
6.6

185.6
41.1
144.5
187.9
4.2

182.5
41.3
141.1
188.4
6.4

185.6
41.9
143.6
188.6
5.4

187.2
42.4
144.8
190.8
5.7

186.9
42.7
144.2
194.4
5.5

188.6
42.7
145.8
196.2
5.9

190.6
42.9
147.7
199. 1
6.1

193.4
43.7
149.7
200.7
4.2

199.2
44.3
154.9
202.5
4.8

' 199. 5 ' 192. 4
43.4
43.5
149.0
155.9
201.6
202.1
6.6
4.7

192.7
43.7
149.0
202.0
4.5

182 7
40.7
141.9
185.2

183.4
41.1
142.2
186.7

184.3
41.4
143.0
187.1

186.1
41.6
144.5
187.6

187.4
42.0
145.4
188.2

189.4
42.2
147.2
190.4

190.3
42.6
147.6
193.8

189.5
42.7
146.7
196.6

190.2
42.8
147.4
199.5

191.9
43.2
148.7
201.9

193.1
43.4
149.6
204.3

' 193. 7 ' 193. 8
43.9
43.6
149.9
150.1
201.0
202.5

194.2
44.1
150.1
200.9

60.1
129. 2
42.1
56.5
36.1

59.3
128.2
41.6
56.5
35.7

59.7
126.7
42.3
57.4
36.2

61.0
129.5
43.0
58.8
36.1

62.4
131.4
43.4
59.5
36.6

64.3
140.3
43.7
59.9
37.0

65.2
147.7
43.7
60.8
36.5

64.7
144.7
43.8
61.3
36.7

66.3
143.1
45.6
64.4
37.7

66.5
144.6
44.9
63.0
37.4

65.9
147.7
44.5
61.1
37.5

56.7
120.8
40.1
53.4
34.5

62.9
136.5
43.4
59.7
36.6

29, 008
2 130
540

32, 069
2,209
654

7,430
501
129

8,286
521
167

7,635
590
180

8,718
597
178

333
796
3, 261
5,497
672
1,061
1,165

635
889
3,525
5,794
769
1,149
1,186

113
193
878
1,491
79
225
334

173
239
904
1,400
240
306
413

179
211
852
1,442
254
269
177

170
246
891
1,461
196
349
262

1,316
2,893
2 297

1,320
2,947
2 gig

268
641
572

356
796
581

349
745
605

347
765
760

809
2,356
3,884
13, 262

1,025
3,222
4,229
14, 189

238
862
906
3,325

285
957
949
3,538

237
396
1 150
3 262

265
1,007
1,224
4,064

863

641

764

2 911

68, 514
65, 670
21,954
1,959
885

65, 562
60, 979
17, 383
3, 946
637

8,072
7,845
1,382
169
58

64.9
137.0
46.1
66.3
37.7

67.8
145.4
47.4
67.8
39.1

5,069

3,423

7,702

4,984

4,913

9,759

3,819

6,111

3,294

3,812

4,227

4,056

4,628
1,359
295
145

3,152
1,157
221
49

7,402
1,566
249
51

4,598
2,025
361
24

4,541
1,771
286
86

9,363
1,037
303
93

3,421
1,159
397
1

5,587
1,604
499
25

2,828
1,301
425
41

3, 330
1,572
464
19

3,774
1,570
386
67

3,259
1,224
725
72

1,428
24, 798
21, 966
1,799
1,608
373
111
6, 979
570
11,058
38
42
594
50
587
180
562
456
4,935
5,281
Railroad. _ _ .. _ _
do
14
13
47
286
246
Communication
_
do
192
86
1,979
148
1,766
147
Financial and real estate
do
64
105
2,433
2,820
' Revised.
v Preliminary.
i Includes coverage on Federal employees of $8.3 bil. in
Dec. 1967 and $3.5 bil. in Nov. 1968.
2 Estimated; excludes
U.S.S.R., other Eastern Euro3
pean countries, China Mainland, and North Korea.
Includes revisions not distributed
to the months.
t Revisions for Jan. 1966-July 1967 for insurance written and for Jan.-July 1967 for premiums collected will be shown later; those for money supply for 1963-Apr. 1967 are in the June
1968 Federal Reserve Bulletin.
fBeginning Oct. 1968 SURVEY, mass-marketed ordinary,




12, 450
9,253
2,594
603

2,021
2,023
1,767
2,055
2,129
2,411
1,866
1,432
1,557
2,143
516
413
421
651
640
563
767
362
453
843
265
148
74
104
66
70
18
35
21
27
315
627
443
319
674
446
475
557
507
239
26
13
50
9
11
39
5
20
28
0
56
186
163
41
115
156
239
239
95
104
243
205
249
522
234
197
142
332
201
348
formerly combined with group, is included under ordinary insurance; monthly data available
on new basis beginning Jan. 1966.
§ Or increase in earmarked gold (—).
H Time deposits
at all commercial banks other than those due to domestic commercial banks and the U.b.
Govt.
O
Total
SMSA's
include
some
cities
and
counties
not
designated
as SMSA s.
o71 Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland,
and Los Angelesa
Long Beach.
9 Includes data not shown separately.
Revisions for Jan. 1968 (mil. $):
Total, 1,460; ordinary, 1,126; group, 229; industrial, 106.

SURVEY OF CURRENT BUSINESS

S-20
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

1968
Feb.

Annual

April 1969

Mar.

Apr.

May

June

1969

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

8,326
5,850
1,666

2 262
361
1 423

3 982
430
2 260

1 527
'379
1 037

1 758
377
1 138

2 204
427
1 244

2 035
443
974

Mar.

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
Estimated gross proceeds— Continued
By type of issuer — Continued
Noncorporate, total 9 - -- -- mil. $ U.S. Government
do_ _
State and municipal
do
New corporate security issues:
Estimated net proceeds, total.. _ _
Proposed uses of proceeds:
New money , total
Plant and equipment _ .
Working capital
Retirement of securities . _
Other purposes
State and municipal issues (Bond Buyer):
Long-term
Short-term

43, 716
19,431
14, 288

43, 596
18, 025
16, 374

6,464
4, 719
1,134

3,270
418
1,363

1,995
405
1,277

5,836
3,805
1,134

2,573
383
1,360

2,770
417
1, 422

do .

24, 409

1,585

1,765

1,397

1,829

2,367

2,097

1,397

1,513

do_ .
do _ _
do __
_-do _
do

22, 230
16,154
6,076
312
1,867

1,447
1, 136
311
16
121

1,592
1,253
339
24
149

1,210
897
313
12
175

1,647
1,102
546
4
177

1,944
1,263
681
33
389

1, 985
1 143
841
6
106

1,074
744
330
3
320

1,281
912
370
15
216

14, 288
8,025

16, 374
8, 659

1,134
563

1,363
1,090

1,277
669

1,134
972

1,360
422

1,422
673

1,666
835

1,423
459

2 260
856

1 037
975

1 138
576

1 244
641

955
811

* 791
i 7, 948
i 2, 763

i 1, 002
i 9, 790
13,717

815
7,419
2,778

820
7,248
2, 692

834
7,701
2,979

850
8,268
3,064

868
8,728
3,293

977
8,861
3,269

885
8,489
2,984

964
8 723
3,126

1 094
8 859
3,407

1 064
9 029
3,419

1 002 T 1 054
9 790 r 9 107
3,717
3,597

1 042
9 056
3,645

81.8
100.5

76.4
03.4

77.5
'.14. 8

76.9
92.7

76.2
94.7

75.3
92 7

75.6
92.8

76.1
95.2

78.1
95.9

78.4
93.9

77 0
92 7

75.7
91 2

72 8

72 3
88 0

71 8
86 4

70.6
83. 7

76.55

72.33

73. 30

70. 98

72.06

70. 89

72.58

73.99

74.48

73.95

72.44

71.27

68.47

67.61

66.55

64.90

6, 087. 43 \ 669. 52 402. 93
5, 393. 60 5, 458. 55 392. 36

434. 68
432. 90

523. 16
499. 30

549. 78
520. 63

445. 94
429. 15

388. 82
375. 37

364. 07
343. 50

397. 77 522 32
397. 81 533 78

501 27
474 36

586 72
555 81

498 °2
517 50

399 88
409 00

5, 428. 00 4, 401. 93 339. 82
4, 862. 48 4, 447. 68 341. 27

356. 71
367. 88

383. 18
386. 64

394. 65
404. 34

336. 37
335 50

313. 26
317. 38

286. 17
277. 57

304. 64
323 61

406 30
430 97

395 10
383 79

448 22
456 37

389 %
409 21

303 99
319 45

268. 61

317. 43

351. 55

346. 53

276. 51

269. 07

252. 18

305. 18

363 54

343 20

387 20

344 56

289 19

280. 23

do_ __
do

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)

mil. $_
do
do

Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (A A A issues):
Compositecf-dol. per $100 bond- .
Domestic municipal (15 bonds)
_
do_ _
U.S. Treasury bonds, taxable!

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 some
stopped sales, face value, total
mil. $ 3, 955. 54 3, 814. 24
Yields:
Domestic corporate (Moody's)
percent__
By rating:
Aaa
do
Aa _.
_
__ -. _ do _ _
A
do
Baa
.
_.
do. __
By group:
Industrials
do
Public utilities
do
Railroads.. _ _
__ _ do - _ _
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard & Poor's Corp. (15 bonds).
do

2

r
r

5.82

6.51

6.40

6.42

6.53

6.60

6.63

6.57

6.37

6.35

6.43

6.56

6.80

6.89

6.93

7.11

2 5.51
5.66
5.86
6.23

6.18
6.38
6.54
6. 94

6.10
6.27
6.41
6.80

6.11
6.28
6.43
6.85

6.21
6.38
6.57
6.97

6.27
6.48
6.62
7.03

6.28
6.50
6.65
7.07

6.24
6.45
6.60
6.98

6.02
6.25
6.38
6.82

5.97
6.23
6.39
6.79

6
6
6
6

09
32
47
84

6 19
6.45
6 59
7.01

6 45
6.66
6 85
7.23

6 59
6 73
6 93
7.32

6 66
6.77
6 97
7.30

6.85
6.95
7.13
7.51

5.74
5.81
2 5.89

6.41
6. 4!)
6. 77

6.31
6.36
6.65

6.33
6. 39
6.67

6.42
6.54
6.79

6.49
6.60
6.87

6.54
6.60
6.88

6.50
6.53
6.82

6.26
6.30
6.72

6 24
6.27
6.70

6 34
6 39
6 72

6 47
6.58
6.78

6 72
6 85
6.97

6 78
7 02
6 98

6 82
7 05
6.98

7.02
7.23
7.16

3.96
3.98

4.47
4.51

4.44
4. 39

4.54
4.56

4.44
4.41

4.64
4.56

4.48
4.56

4. 11
4.36

4.38
4.31

4.36
4.47

4.56
4.56

4.64
4.68

4.85
4.91

4.91
4.95

5.04
5.10

5.25
5.34

4.85

5.25

5. 16

5.39

5.28

5.40

5.23

5.09

5.04

5.09

5.24

5.36

5.65

5.74

5.86

6.05

8.26
9.03
4.34
4.62
5.35

8.53
9.24
4.50
4.55
5 82
8.62

8.42
9.12
4.45
4.52
5.69
8.08

8.42
9.12
4.46
4.52
5.69
8.08

8.46
9.18
4.48
4.52
5. 78
8.08

8.47
9.18
4.48
4.52
5.78
8.08

8.47
9.18
4.48
4.55
5.78
8.08

8.49
9.20
4.50
4. 55
5.78
8.08

8.52
9.23
4.50
4.55
5.78
9.00

8.52
9.23
4.55
4 55
5.89
9.00

8.56
9.25
4.55
4 55
5 89
9.24

8.78
9.55
4 56
4 6?
6 09
9.86

8.78
9.57
4.58
4 62
6. 14
9.86

'8. 86
9.67
4. 58
4 6°
6 14
9.86

8.90
9.72
4 58
4 62
6 14
9.86

8.91
9.73
4.59
4.62
6.23
9.86

246. 54
290. 05
101.87
95.91

261. 92
315.86
98. 37
101.00

241. 14
286. 99
97.15
85.80

242. 77
290. 96
92. 66
86.75

262. 85
319 20
92 93
94.62

262. 95
318. 40
92. 08
102. 23

268. 14
320. 51
100. 10
105. 57

92
50
83
53

281. 46
343 13
107 33
115. 18

268. 18
3?6 90
104. 04
111.24

266. 05
321 13
106 49
114. 38

254.46
309 17
101 51
106. 17

263. 90
324. 26
99.88
104. 88

Yields, composite
_
percent-Industrials
do
Public utilities
_ do. Railroads
_
_ _ _ _ _ _ _ _ __do _ _ _
N.Y. banks
do
Fire insurance companies
do _

3.35
3.11
4.26
4.82
3.87
3.47

3.26
2. 93
4.58
4.55
3.43
3.21

3.49
3.18
4.58
5.27
3.77
3.99

3.47
3.13
4.81
5.21
3.86
4.11

3.22
2.88
4.82
4.78
3 66
3.94

3.22
2.88
4.87
4.42
3.63
3.38

3.16
2.86
4.48
4.31
3.30
2.71

3.17
2.81
4.60
4.15
3.01
2.69

3.12
2.78
4.25
4.01
3.07
2.83

3.27
2.93
4.40
4.15
3.43
2.76

3.33
3.01
4.30
4.04
3.21
2.85

3.50
3. 14
4.51
4.35
3.54
3.02

3.38
3.00
4.60
4.41
3.42
3.25

Earnings per share (indust., qtrly. at ann. rate;
pub. util. and RR., for 12 mo. ending each qtr.) :
Industrials... _ _
_ _ _ _ _
dollars
Public utilities
do
Railroads
.
_
...do

15.76
6.67
6.74

r 17. 62
6.74
7.51

U.S. Treasury bonds, taxable©

do

Stocks
Dividend rates, prices, yields, and earnings, common stocks (Moody's):
Dividends per share, annual rate, composite
dollars. _
Industrials
_
___.
_ __dO-__
Public utilities
_
do. _
Railroads
do
N.Y. banks
.
do
Fire insurance companies
do_ _ .
Price per share, end of mo. f composite
Industrials
Public utilities
Railroads.
.

r

do
do
do
_ do. _

' 16. 21
6.78
6.72

l
2
Revised.
End of year.
Beginning Dec. 18, 1967, Aaa railroad bonds not included.
9 Includes data not shown separately.
cf Number of bonds represented fluctuates; the change in the number does not affect the




' 18. 33
6.67
6.88

264. 13 266. 57
314.45 317.73
99. 76 1 99. 25
100. 77 101.90
3.21
2.93
4.51
4.52
3.17
2.85

3.20
2.90
4.53
4.47
3.24
3.00

267.
3^8
98
109.

62
32
50
77

3.18
2.81
4.62
4.15
3.28
2.66

15.78
6.73
7.17

269.
399
98
109.

r

20. 17
6.74
7.51

continuity of the series.
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 yeai-s or more.

SURVEY OF CURRENT BUSINESS

April 1969
1967
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

1968
Feb.

Annual

S-21

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields, preferred stocks, 10 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Do w- Jones averages (65 stocks) _
Industrial (30 stocks)
Public utility (15 stocks)
Railroad (20 stocks)

.
_.

Standard & Poor's Corporation:^
Industrial, public utility . and railroad:
Combined index (500 stocks)
1941-43 = 10_.

5.34

5.78

5.65

5.80

5.86

5.92

5.90

5.74

5.59

5.63

5.76

5.82

5.93

5.93

5.94

6.09

314. 79
879. 12
132. 65
242. 38

322. 19
906. 00
130. 02
250. 09

299. 84
847. 20
128. 87
224. 63

292. 86
834. 76
123. 66
217. 94

309. 31
893. 37
123. 59
230. 63

318. 17
905. 22
122. 72
246. 85

327. 12
906. 82
127. 66
262. 95

327. 41
905. 32
133. 11
259. 95

318. 15
883. 72
131. 15
249. 52

329. 15
922. 80
130. 80
258. 53

340. 25
955. 47
130. 40
270. 41

344. 39
964. 12
137. 57
270. 51

347. 57
968. 39
138. 26
275. 36

337. 64
934. 99
135. 62
268. 78

337. 85
931. 29
136. 89
269. 75

322. 11
916 52
130. 90
245. 26

91.93

98.70

90.75

89. 09

95.67

97.87

100. 53

100. 30

98.11

101. 34

103. 76

105. 40

106. 48

102. 04

101. 46

99.30

do
do _
do
do
do. _

99.18
96.96
79.18
68.10
46.72

107. 49
105. 77
86.33
66.42
48.84

98. 33
98. 13
77. 99
65. 61
42. 35

96. 77
96. 32
77. 49
62. 62
41.68

104. 42
104. 08
84.79
63.66
44.79

107. 02
106. 86
87.75
62.92
48. 00

109. 73
110. 65
89.04
65.21
51.72

109. 16
108. 12
88.38
67.55
51.01

106. 77
104. 92
85.73
66.60
48.80

110. 53
107. 57
88.46
66.77
51.11

113. 29
108. 48
91.36
66.93
54.26

114. 77
109. 75
92.04
70.59
53.74

116.01
111.44
91.91
70.54
55.19

110.97
106. 56
87.69
68.65
54.11

110.15
105. 47
87.93
69.24
54.78

108. 20
103. 76
86.69
66.07
50.46

do
do_

36.40
66.46

44.69
81. 71

38.46
70.66

38. 38
70. 59

40.35
73.18

42.19
76.43

43.72
79.66

48. 58
85.91

47.38
84.74

46.99
84.59

49.65
89.83

52.46
98.15

50.99
99.19

49.49
92.57

49.52
94.50

46.10
90.89

62.29

73.64

56. 61

53.31

53.61

59.23

72.52

78.11

78.11

82.97

96.19

95.35

98.30

95.51

' 96. 80

88.29

50.77
51.97
53.51
45.43
49.82

55.37
58.00
50.58
44. 19
« 65. 85

50.68
52. 63
45.15
43. 36
53.88

49.48
51.54
43. 29
41.78
52. 98

53.23
56.03
46.85
42.46
57.56

54.85
58. 04
49.92
42.07
60.43

56.64
59.83
52.86
43.30
64.60

56.41
59. 12
51.59
44.69
68.90

55.04
57.59
49.01
44.09
68.19

56.80
59.57
51.94
44.53
71.77

58.32
61.07
55.24
45.22
77.50

59.44
61.97
55.96
47 18
79.55

60.32
63.21
57.30
46.73
79.00

57.82
60.32
56.35
45.64
75.58

57.33
59.61
56.18
45.98
75.26

55.69
58.30
51.52
44. 06
70. 60

••161,746
4,504

196, 358
5,312

12, 008
321

12, 632
336

17, 571
453

20, 012
568

18, 582
510

16, 529
444

14, 038
376

13,735
388

18, 560
479

16 165
412

18 864
508

17,957
515

15, 085
407

125, 329
2 886

144, 978
3 299

8,909
205

9,672
221

13, 310
298

14, 341
333

13, 548
305

12, 373
283

10, 493
244

9,868
231

13, 727
305

11,979
261

13, 844
314

13, 056
305

11, 007
247

New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
(sales effected)
millions

2,530

2,932

174

193

296

292

257

243

194

228

272

252

268

267

210

199

Shares listed, N.Y. Stock Exchange, end of period:
Market value, all listed shares
bil. $
Number of shares listed
- . millions,.

605. 82
11,622

692. 34
13, 196

564. 15
11, 796

568. 51
11,897

619. 04
11,936

631. 82
12, 158

641. 04
12, 330

628. 88
12, 440

640. 17
12,626

668. 36
12, 714

676. 18
12, 891

716. 40
13, 042

692. 34
13, 196

689. 24
13, 326

654. 51
13, 448

672. 59
13, 657

Industrial. total (425 stocks) 9
Capital goods (130 stocks)
Consumers' goods (181 stocks)
Public utility (55 stocks) .
Railroad (20 stocks).. _ _
Banks:
New York City (9 stocks)
Outside New York City (16 stocks)

Fire and casualty insurance (16 stocks)., _ do
New York Stock Exchange common stock indexes:
Composite
12/31/65=50__
Industrial
do
Transportation. .
do
Utility
do
Finance.- __
do
Sales:
Total on all registered exchanges (SEC):
Market value
mil $
Shares sold
millions
On New York Stock Exchange:
Market value
mil $

I

FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse ) incl reexports total
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions:
A.frica
A sia
_
Australia and Oceania
Europe
Northern North America
Southern North America
South America _ _
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Asia; Australia and Oceania:
Australia including New Guinea
India
Pakistan
Malaysia

mil $

31, 526. 2 134, 660. 5 2,749.3

2,681.7

3,000.4

2,986.2

2,833.8

2,734.9

2,857.2

3,002.7

2,783.6

3 195 8

3 096.6 12,111.3 2, 179. 1

do
do

30, 934. 4 134, 087. 4 2,690.0
2,797.3

2,647.0
2,462.0

2,961.2
2,905.3

2,962.4
2,736.3

2,784.1
2,864.9

2,675.8
2,840.6

2,803.5
2,933.3

2,959.5
3,265.7

2,735.1
2,613.5

3,135.9
3,000.3

3,047.5 12,056.7 2, 144. 7
2,886.4 12,082.3 2, 312. 7

do
do
do
do

1 182 3
7, 146. 3
1, 017. 4
10, 297. 7

1 269.5
7, 579. 6
1, 025. 9
11,151.3

107. 1
639. 9
88.6
880.1

87.7
613.5
81.3
855.4

127.5
669.8
93.1
938.8

117.7
600.9
96.0
961.0

108.2
618.8
74.0
863.3

100.1
110.3
115.8
586.4
609.8
628. 1
73.3
92.5
98.6
880.6 1, 000. 3 1,011.6

94.2
109 6
543.4
690.0
80.8
78.5
879.9 1, 016. 0

94 6
702.8
77 2
996.5

142.2
i 410. 9
i 52.3
i 657. 7

48 7
400.4
36.8
702.8

do
do
do

7, 165. 9
2 362 7
2, 354. 0

8,059.8
2 585 0
2, 742. 2

600.7
213 4
196. 2

630.5
208.8
196.6

695. 0
222.6
236.7

735.9
224.4
232.2

637.4
220.5
209.0

594.1
214.7
250.3

565.9
212.6
249.1

661.2
213.0
256.4

769.5
211.7
184.0

791.5
221. 3
277.4

702.3
236 1
265.5

i 687. 6
i 158. 9
i 101. 8

687.3
179 2
123.8

do
do

66.0
426.4

48.4
455.2

1.0
39.3

2.9
26.6

1.4
47.0

6.9
44.5

6.9
34.2

3.4
36.5

2.2
43.3

3.3
36.3

11.1
36.3

3.1
43.1

3.9
32.9

11.4
119.9

1.0
24.0

do
do
do
do

895.4
955.4
347.3
49.2

874.9
717.6
301.9
53.6

73.4
81.9
27.9
5.5

72.4
80.5
27.0
5.3

83.3
74.1
23.9
4.7

83.0
50.9
17.6
3.8

67.9
51.3
25.0
3.8

59.6
43.7
18.6
4.3

81.8
52.1
24.2
4.5

79.3
40.6
29.1
3.9

67.3
33.9
28.5
3.7

66.9
51.0
33.2
3.8

66.4
62.7
28.6
4.2

147.2
118.7
18.6
11.8

29. 1
11.7
3.8
1.9

do
do
do

169.2
68.4
436.3
430.4
2, 695. 0 2, 949. 8

5.0
36.1
256.8

14.0
32.1
230.3

21.5
38.5
250.4

15.4
49.0
235.0

11.8
38.4
228.3

8.5
34.0
230.3

9.9
36.6
247.4

12.5
40.5
249.9

12.6
24.3
223.7

23.3
32.3
276.7

23.5
28.8
274.9

18.7
120.6
i 193. 2

4.6
22.9
211.7

do
do
do

1, 024. 5
26.3
1, 075. 7

1, 077. 7
29.2
1,711.8

87.0
2.7
124.7

84.4
1.1
130.8

98.2
3.2
161.6

100.6
2.4
150.6

79.2
1.6
137.1

81.7
.5
134.4

82.2
3.7
162.2

84.7
2.9
158.5

79.6
1.3
133.1

102.2
3.4
142.3

95.7
4.0
160.0

158.5
1.2
191.2

76.7
1.2
101.5

Italy

do

United Kingdom

do

972.8
60 3
1,959.6

1,119.6
57 5
2, 179. 7

74.7
2 9
179. 3

93.6
6 2
151.5

87.5
5 4
166.6

94.0
3.8
183.2

103.3
4.3
170.8

103.3
4 6
162.9

99.3
6 9
182.5

88.2
2 2
201.3

86.6
2 4
204.9

93.4
6 9
223.6

100.6
6 0
186.0

158.0
141
i 162. 3

78.3
5.5
125.3

600. 7
695.0
629.5
mil. $__ 7, 164. 7 8, 058. 3
r Revised.
i Beginning Jan. 1969, data cover shipments of silver ore, base bullion
(incl. sweepings, waste, ard scrap), and refined bullion, formerly excluded. The 1968 annuals,
and monthly data beginning Jan. 1968, for total exports and imports have been restated to

735.9

Indonesia
Philippines _
Japan

__

Europe:
France
East Germany
West Germany

North and South America:
Canada




637.3
687.3
594.1
565.9
791.5
702.3 i 687. 6
661.2
769.4
reflect the revised coverage.
cfNumber
^ ., ^.^^ of
„, stocks
»^
represents number currently used; the
'ect continuity o:
of the series.
9 Includes data not shown
change in number does not affect
separately.
c Corrected.

April 1969

SURVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

| 1968

Annual

1969

1968
Feb.

Apr.

Mar.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

436.8
41.3
87.0
24.7
29. 7
112.5
6C. 7

447.8
35.7
71.0
29.4
25.3
127.9
63.9

i 1222. 9
11.8
122.6
19.3
110. 0
i 101. 8
136.2

256.7
17.8
26.5
8.8
10.8
102.5
39. 1

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports (radse.), incl. reexports— Continued
By leading countries — Continued
North and South America — Continued
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Mexico
Venezuela
Exports of U.S. merchandise, total
Excluding military grant-aid
Agricultural products, total..
Nonagricultural products, total

mil. $_. 4, 123. 5
do
230. 1
547.2
do
do
248.1
217 9
do
do
1,221.6
do
587.2
do
do
do
do

By commodity groups and principal commodities:
Food and live animals 9
do
Meats and preparations (incl. poultry) _ do
Grains and cereal preparations
do

4, 689. 2
281.4
708.6
307.1
319.1
1, 364. 6
655.0

359.4
16.1
48.4
21.1
23.3
118.8
49.3

358. 4
14.6
41.2
32. 2
29.1
120.5
47.1

402.3
19.7
61.2
18.1
26.2
111.4
59. 4

405. 9
22.3
55 0
22.8
29.9
123.6
53.5

378.4
16.7
53.7
23.1
28.9
121.9
48.5

410.7
25.5
64.7
38.3
28.2
111.4
55.4

404.5
21.8
74.6
29.0
26.8
105.7
54.3

410.5
30.7
65.0
32.4
22.8
97.9
63.5

345.4
18.6
40.3
17.7
26.8
118.3
53.5

31, 142. 1 134,227.4 2,718.6 2,643.2 2,964.4 2,948.9 2,799.8 2,699.6 2,819.2 2,968.7 2,737.9 3,161.9 3,056.0 2, 071. 5 2, 146. 8
30, 550. 2 133,654.3 2,659.3 2,608.5 2,925.2 2,925.1 2,750.1 2,640.5 2,765.4 2,925.5 2,689.3 3,102.0 3,007.0 2, 016. 8 2, 112. 4
461.4
177.7
239.6
489.2
609. 5
497.6
463.9
610.8
523. 9
465.8
544. 5
469.7
547. 5
6, 379. 8 6, 228. 0
24,762.3 27, 753. 7 2,147.7 2, 091 . 0 2, 423. 5 2, 433. 3 2,235.8 2, 198. 6 2, 313. 4 2, 481. 1 2, 253. 9 2,541.0 2, 423. 8 1, 893. 8 1, 907. 2

4, 060. 9 3, 889. 6
161.6
151.3
2, 677. 9 2, 463. 1

353.5
11.7
246. 2

353.6
10.1
249. 2

334.7
11.5
225.4

313.9
10.6
183.3

287.7
10.0
176.5

297.0
10.3
183.4

326.0
15.3
197.9

289.5
16.6
167.0

278.2
15.4
150.4

336.3
21.6
200.4

366.3
16.9
237. 8

129.5
10.8
53.0

76.1

168.2
12.2
81.1

13.5

12.6

317.1 i 139. 1
7.2
33.2
2.9
101.9
38.5 125.6

176.8
6.5
31.3
30.3

73.8
42.4
25.5

61.3
34.0
23.4

Beverages and tobacco.

do

702.5

52 9

37.0

46.5

52.6

55.2

48.5

73.0

88.1

45.6

82.5

Crude materials, inedible, exc. fuels 9
Cotton, raw, excl. linters and waste
Soybeans exc canned or prepared
Metal ores, concentrates, and scrap

do
do
do
do

3, 279. 7 3, 494. 6
459. 4
463.8
810.0
771.6
i 539. 2
519.5

290.7
52.7
53. 2
47.4

308.9
49.3
68. 6
54.3

313.0
45.8
61.3
57.9

302.9
45.1
57.1
50.5

245.3
33.9
52.5
33.5

271.6
43.4
47.5
36.0

264.7
24.4
47.8
44.5

266.0
30.5
38.4
51.2

280.8
17.9
88.2
39.4

348.6
22. 2
132^3
50.6

Mineral fuels lubricants etc 9
Coal and related products
Petroleum and products

do
do
do

1, 104. 1
501.4
538.6

1, 055. 6
523.9
460.0

70.5
30. 9
33.6

78.6
33. 5
39.9

89.6
45.9
38.1

92.8
48.9
39.1

87.0
42.5
38.1

90.4
42.3
41.4

102.4
58.3
39.4

106.5
54.3
46.8

78.2
38.4
34.4

92.4
46.8
39.7

Animal and vegetable oils, fats, waxes

do

337.9

274. 5

26.2

24.3

23.1

20.9

29.3

20.2

20.3

25.0

21.2

20. 1

28.5

14.0

15.3

278.8

304.3

334.9

249.3

272.8

276.5

166.6

181.8

298.6
40.1
46.5
56.4

320.6
44.9
47.8
57.8

379.2
51.1
63.3
72.0

313.9
39.1
55.7
55.1

351. 2
46.0
65.1
62.4

332.8
42.4
66.9
54.6

i 214. 9
24.0
34.7
134.8

243. 9
30.5
38.1
36.6

648.7

Chemicals

do

2, 801. 6

3, 288. 9

238.4

257.8

292.5

287.5

260.2

Manufactured goods 9 -. Textiles
Iron and steel
Nonferrous base metals

do
do
do
do

3,391.1
530. 9
561.9
516.8

3, 738. 6
522.3
610.2
i 600. 8

264.7
43.2
40.6
29.2

264.1
39.5
39.6
32.5

318.6
47.9
47.3
40.2

326.0
46.9
46.8
54.0

307.2
40.8
45.0
57.1

total
mil. $__ 12, 574. 1 14, 462. 0

1,162.9

1,074.2

1,273.2

1,272.4

Machinery and transport equipment,

90.7
46.5
40.1

1,237.1 1,118.6 1, 123. 0 1, 199. 4 1, 179. 4 1,384.4 1, 276. 9 1, 095. 6 1,071.2

Machinery, total 9
Agricultural
Metalworking
Construction, excav. and mining
Electrical
_ __

do
do
do
do
do

8, 050. 6
614.7
338. 9
1, 038. 1
2 098 2

8, 606. 4
626.7
333.8
1, 099. 1
2 286.0

679.0
53. 0
26.9
82.2
173.4

669. 2
47.6
25. 5
80.3
178.8

785.3
56.8
35.5
99.4
200.7

769.8
58.0
39.1
99. 7
197.3

711.8
51.5
26.9
95.2
193.3

692.6
54.0
28.9
96.6
180.8

705. 9
45.2
28.6
94.6
190.3

734.3
51.8
23.6
98.2
196.5

703.8
49.8
22.0
83.8
199.5

761.8
54.3
24.0
97.2
199.0

718.5
55.3
21.8
94.2
194.4

554.4
35.7
16.3
57.2
165.2

590.3
45.0
16.2
67.6
168.7

Transport equipment, total
Motor vehicles and parts

do
do

4, 523. 5
2, 733. 9

5, 855. 6
3, 372. 3

484.1
259. 0

405.1
249. 1

488.4
290.3

502.7
299.2

525.4
257.6

426/0
214.9

417.1
198.0

465.2
284.7

475.6
307.1

622.6
353.0

558.4
318.8

541.2
284.7

481.0
264.1

do

1,985.4

2, 146. 3

166.6

170.4

188.2

190.2

168.9

170.2

190.5

181.8

183.5

192.9

174.1

149.5

159.6

81.0

70.8

78.0

80.5

87.8

69.3

95.6

75.0

56.1

2,749.6
2,838.1

2,882.4
2,977.3

2,938.0
2,670.1

2,806.5
2,829.8

Miscellaneous manufactured articles
Commodities not classified

do

958.8

929.2

68.6

65.6

65.8

71.2

3,028.0 12,025.9 2, 401. 4
2,956.8 11,966.7 2, 674. 4

do
do

26, 812. 3 133,251.8

2,455.8
2,610.1

2,569.8
2,624.2

2,754.3
2,639.5

2,840.7
2,777.4

2,661.0
2,852.5

2,827.1
2,678.7

do
do
do
do

906.1 1, 120. 9
5, 347. 9 6,913.5
693.5
581.5
8 227 5 10,331.6

96. '2
422. 8
49.9
818. 0

96.5
484.4
54.0
794.1

119.2
548.6
48.2
880.0

100. 7
594.2
56.3
902.1

83.4
566.4
. 62.5
786.1

90.0
636.6
61.2
883.0

80.9
652.7
75.9
892.0

98.8
653.1
67.1
884.9

76.4
630.4
72.3
836.7

83.1
604.1
65.9
863. 1

93.8
616.6
35.6
917.3

139.7
i 405. 8
128.9
i 443. 4

74.0
532.4
29.9
603.2

Northern North America
Southern North America
_ _ _ __.
South America.. _ _ _
By leading countries:
Africa:
United Arab Republic (Egvpt)
Republic of South Africa "
Asia; Australia and Oceania:
Australia including New Guinea
India
Pakistan
Malaysia
Indonesia
Philippines..
Japan _
Europe:
France
East Germanv
West Germany
Italy
Union of Soviet Socialist Republics
United Kingdom
North and South America:
Canada

do
do_
do

7,112.3 8, 929. 3
1, 967. 8 2, 234. 7
2,661.1 2, 880. 2

634.4
176. 2
250.3

697.9
197.7
233.4

720.5
190. 5
246.5

749.9
205.7
205.1

766.4
170.7
212. 7

703.2
187.9
249.2

615.7
179.0
242.3

728.6
175.0
260.7

905.8
172.2
229.4

791.4
171.3
215.2

870.3 i 776. 7
201.8 '•1192.1
280.4 -1138.1

776.0
191.0
193.5

12.5
i 10.8

2.8
14.3

22.5
11.0
12.0
17.3
10.6
15.8
244. 0

24.4
22.7
4.6
28.3
16.0
29.5
294.8
47.9
.4
142.2
71.5
2.5
140.1

Latin American Republics, total 9
Argentina
Brazil
Chile _
Colombia _
Mexico
Venezuela

General imports, total
Seasonally adjusted. _ _
By geographic regions:
Africa
Asia
Australia and Oceania
Europe

r

Revised.
i See note 1, page S-21.
2 Includes data not shown separately.




3.4
22.2

do
do

14.9
225 9

32.8
253.1

.7
17.3

1.6
26.9

2.0
31.5

2.4
23.2

1.9
20.2

3.8
17.9

4.6
17.8

3.3
16.0

2.7
17.6

2.7
17.6

do
do
do
do
do
do
do

411.8
293.7
54.8
195.6
181.9
380.2
2, 998. 7

492.0
312.2
63.9
240.1
174.5
435.1
4, 056. 6

38.7
23.1
4.3
19.0
11.8
25.6
230. 4

37.2
24. 7
4.3
18.0
12.7
27.6
293.0

31.0
26.9
5.0
16.9
13.1
39.4
320.1

40.6
22.7
4.2
15.7
16.2
55.5
339.7

44.8
27.3
5.8
18.0
14.4
49.0
315.0

42.2
24.2
6.4
17.4
18.6
43.0
366.6

56.3
26.2
4.5
18.5
12.4
45.2
402.9

42.3
31.1
7.6
30.0
18.5
22.3
379.8

50.2
25.5
4.5
21.0
12.8
30.5
384.2

52.9
27.0
4.9
22.3
14.9
30.5
363.5

24.7
25.2
7.4
22.5
16.5
40.2
366.1 i

do
do
do
do
do
do

690.2
5.6
1,955.4
855.6
41.0
1, 709. 8

842.2
5.9
2, 720. 2
1, 102. 0
58.0
2, 047. 9

69.1
,4
217. 3
81.4
4.7
149.5

65.7

197^8
83.8
6.8
146.9

76.8
.3
223.9
91.6
4.7
177.0

72.2
.6
246.8
102.3
5.6
178.1

42.7
.3
218 5
87.4
4.3
163.9

81.6
.5
224.8
92.7
4.3
183.1

82.9
.6
242.8
102.8
3.3
188.7

69.6
.6
226.4
86.7
2.3
191.3

61.6
.6
230.3
94.2
7.4
176.9

65.6
.5
231.3
95.4
1.8
157.8

82.5
.7
229.1
98.8
3.5
177.4

136.5
i .5
i 105. 8
153.7
14.6
i 108. 8

do

7, 106. 6

8, 925. 2

634.1

697.4

720.4

749.9

766.0

702.2

615.3

727.8

905.5

791.3

869.9

i 776. 6

775.9

do
do
do
do
do
do
do

3, 851. 0 4, 266. 2
140.0
206.7
559.0
669.6
175.2
203.1
240.4
264.0
748.9
893.4
979.6
949.6

358. 6
15.3
64.1
15.9
21.3
73.8
86.5

358. 8
15.6
43.1
18.7
17.2
81.2
95.8

376.9
15.9
62.7
33.8
19.5
83.8
71.0

331.0
17.0
45.8
12.9
18.2
87.6
66.3

312.5
14.5
43.5
13.2
19.4
63.1
68.2

368.7
17.2
65.5
12.6
21.0
73.8
86.3

351.9
9.7
63.3
19.3
30.6
71.8
60.8

367.1
18.3
72.3
22.2
22.0
67.8
76.3

333.0
13.9
52.9
12.8
19.6
65.5
81.8

326.0
14.9
53.0
11.7
23.2
73.5
70.0

401.6 i 247. 1
16.1
38.5
54.5 i 14.8
14.3
i 2.4
25. 8
18.6
79.3 180.7
89.2 184.3

309.3
10.9
38.6
20.3
14.5
81.4
75.1

9

Mar.

SURVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1969

1968

1968

Annual

S-23

Feb.

Mar.

Apr.

May

June

July

Aug.

Oct.

Sept.

Nov.

Dec.

Jan,

Feb.

Mar.

FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value — Continued
General imports— Continued
By commodity groups and principal commodities:
415.2
438.2
Agricultural products, total. _
mil. $
379.0
4,471.7 5 057.2
433 2
Nonagricultural products, total
do
22 343 6 28 056 8 2 032.9 2 179 3 2 317 0 2 381 4

172.1
312.1
455.0
386.2
385.7
422.3
439.5
434.5
437.5
2,262.6 2 374 5 2 304 6 2, 414. 3 2 538.4 2, 372. 8 2, 577. 9 1, 853. 8 2, 089. 3

786.3
3 297.4
958 4
454.8
338.4
191 8

356.9
13.9
110.5
52.9
35.2
64.2
225.3
53.7
35.7
31.6
14.0

333.4
4 3
78.4
51 4
48 4
61.8
257.2
63 2
36 0
30 1
13 3

393 8
15 4
107.6
55 8
55.6
61.5
260 3
65 8
39.5
33.1
13 6

396
16
87
52
67
55
296
102
39
31
14

1
6
2
7
2
1
3
2
3
0
2

353 8
13.0
73.6
66.2
58.6
47.6
281.4
88 2
40.4
25.7
11.9

403 3
10 5
111.7
67 2
62 6
54.4
287.0
88 1
36 8
28.1
17 9

403.1
88
110.0
68 7
70.7
80.8
288.9
90 3
36.8
24.1
16 3

408 9
7.5
103.1
83.1
55.8
80.1
302.0
99 4
34.2
28.5
23.4

368.2
6.6
74.5
69 5
60 4
67.2
292. 1
85.9
40.4
22.2
14 0

396.8
6.3
95.7
72. 5
43.7
61.8
264.3
75.6
37.4
25.2
16.5

396.6
12.2
87.4
49.3
56.9
77.5
287.7
75.9
43.1
25.9
19.9

169.8
1.4
16.1
29.2
6. 3
24.6
i 202. 0
157.8
36.7
9.0
10.7

287.1
15.3
49.0
45.4
34.7
28.6
232.3
51.1
40.7
12.2
20.7

do
do
do
do

2, 247. 8 2, 528. 6
2, 086. 1 2, 345. 1
122 0
158 2
958. 0 1 134.7

204.1
187.6
14.7
85.4

220.3
204.4
9 2
95.7

193.9
176.3
11 3
102. 5

178 0
162.1
13 4
103.9

202.8
188.2
15.4
81.6

228.5
214.9
17 4
94.7

187.1
174.4
8.5
101.3

220.7
205.8
14.8
95.2

226.6
212.0
12.7
88.6

195.0
179.1
10.3
94.0

234.0
220.7
16.6
102.7

249.1
235.2
6.1
70.3

231. 5
209.0
12.5
81.8

Manufactured goods 9
Iron and steel
Newsprint
Nonferrous metals
Textiles

do
do
do
do
do

6 384.3
1, 373. 1
864 7
1 562.5
808.0

8 073 2
2 046.4
862 8
1 933.2
962. 6

610.0
123.8
61.1
198.7
70.2

686.5
145.6
70 9
220 1
74 5

760. 1
168.1
79 0
244.5
85.7

718.9
193.2
77 5
162 3
81.6

647.0
176.8
72.9
147.0
74.1

654.1
172.4
72 0
123.4
82.0

708.7
235.3
67.2
126.3
83.5

666.5
189.2
60.5
134.2
90.1

648.5
170.1
75.7
120.9
81.9

629.3
177.7
69.0
110.7
77.4

662.4
165. 9
84.8
121.0
75.8

i 398. 6
64.6
67.7
179.5
45.3

533.1
72.8
71.0
137. 6
69.2

Machinery and transport eQuipment
Machinery total 9
Metalworking
Electrical

do
do
do
do

5, 793. 4 7 991.1
3, 024. 4 3, 692. 6
203.9
203.4
1, 135.5 1, 494. 9

586.2
263.1
16.1
90.0

577. 2
267.2
15 4
99.9

609.6
305. 6
20.0
118.9

699.4
301.7
16 2
113.8

664. 9
283.6
22.0
111.3

630.6
308.7
14.7
133.2

547.6
309.4
18.3
136.1

663.3
322.9
17.6
140.9

788.4
351.8
17.0
160.4

744.3
325.0
11.3
145.5

808.2
356.7
17.4
151.4

612.3
255.5
8.4
118.6

655.9
291.8
10.2
127.4

2, 769. 1
2 266 1
2 576 2
1, 065. 1

4, 298. 5
3 711 6
3 346 7
1 220.5

323. 1
273.9
213. 5
87.7

310.2
256 5
936 9
79.7

312. 2
255.6
246.6
107.1

384.4
338 9
262.7
103.5

381.4
327.1
261.1
93.0

321.9
276 8
332.5
109.4

238.2
191.1
315.5
97.7

340.3
302.6
312.2
105.7

436.6
370 9
325.3
106.4

419.4
384.4
291.7
107.4

451.4
397.9
301. 6
130.2

356.8
307.0
204.4
88.7

364.1
315.0
252.1
86.4

160
178
111

173
195
112

165
r 183
111

173
196
113

170
192
113

179
203
113

184
190
103

226
235
104

213
220
103

224
234
104

231
240
104

237
249
105

mil $

187 426
18 636

194 490
19 358

14 114
1 547

14 668
1 464

16 370
1 747

16 602
1,684

15 223
1,520

15 864
1,550

18 504
1,703

17 531
1,790

15 454
1,405

17 764
1,762

18, 116
1,666

tons
mil $

256 814
17 434

281 331
21 121

19 597
1 571

22 416
1 605

19 966
1 756

23 980
1,823

24, 363
1,686

24 946
1,845

23, 932
1,918

26, 304
1,915

26, 042
1,726

21, 554
1,719

25, 373
1,817

132 1
154 3
48.4
9.2
6 5

c 125 0
143 5
50.6
8.5
6 0

131.8
136 2
61.7
9.9
7.6

Food and live animals 9
Cocoa or cacao beans
Coffee
Meats and preparations
Sugar
Beverages and tobacco
Crude materials inedible exc. fuels 9
Metal ores
Paper base stocks
Textile fibers
Rubber

do
do
do
do
do
do
do
do
do
do
do

4 003 2
147.2
962.7
645 0
588.4
698. 1
2, 964. 4
974 3
418.3
305.6
174 5

Mineral fuels, lubricants, etc
Petroleum and products,
Animal and vegetable oils and fats
Chemicals

Transport equipment
do
Automobiles and parts
do
Aliscellaneotis manufactured articles
do
Commodities not classified
do
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Quantity
1957-59 — 100
Value
do
Unit value
do
General imports:
Quantity
do
Value
do
Unit value
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Value
General imports:
Shipping weight
Value

thous sh

4 577 4
136 0
1 139.7
746 5
640 1

TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. total):
Operating revenues total 9
mil $
Transport, total 9
do
Passenger
do
Property
do
U.S. mail (excl subsidy)
do
Operating expenses (incl. depreciation) _ _ _ do
Net income (after taxes)
do
Operating results:
Aliles flown (revenue)
mil

1 274 5 r i 501 8
I

Mail ton-miles flown.
Passengers originated (revenue)
Passenger-miles flown (revenue)

do
do
bil

Express Operations (qtrly.)
Transportation revenues
Express privilege payments

mil. $
do

Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)

cents
rnil~~

1 164
1 153
1 028
71
31
1,116
14

4 470
4 431
3 936
'277
104
4,057
234
00 C

r

Q

392. 4
99.3
71 3

544.0
111.2

423 1
103 6

381 5
86 2

§9 0

112 0
102 6
41.3
7.9
57

120 5

120 4

1 1Q fi

1 99 O

45.3
9.0
6 4

43.6
9.3
6 7

124 3
136 0
44.5
8.8
6 3

on

90

A

CCO

124 7
126 1
41.8
10.2
7 8

130 6
124 7
40.8
9.9
7 6

133 7
136 3
43.7
11.1
8 6

r 7fi7

A

r 389

r ^1 fi

127 5
134 8
41.1
8.9
6 6

c

T

^07

132.4
130 9
46.6
9.3
7.0

98.5
22.5

93 8
21 4

93 94
20

95 8
22 2

T <VW

1 359
1,346
1 205
84
30
1,232
60

1 287
1 275
1 139
80
31
1,163
61

94 3

94 4

r ^9f>

^74

24 4

r 534

24 6
r 527

24 8
538

24 8
498

Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):
Number of reporting carriers
Operating revenues, total
mil $
Expenses, total
" (jo
Freight carried (revenue)
mil tons

2 \ 203
1 259
8 117
2 1889
2' io
7 813
473
122
r
2
Revised.
r» Preliminary.
« Corrected.
1 See note 1, p. S-21.
Number of
carriers filing complete reports for the year.
3 AS compiled by the Air Transport Association of America from carrier reports to the CAB.
4 Excludes excess baggage revenues.




5
Revised to include trade in silver ore and bullion formerly reported separately; quarterly
data do not reflect this change.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

S-24
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1969

1968

1968

Annual

April 1969

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity) — Continued
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly )
average same period. 1957-59=100
Common carriers of general freight, seas. adj.
1957-59=100
Carriers of passengers, class I (qtrly.):
Number of reporting carriersOperating revenues total
mil. $
Expenses total
do
Passengers carried (revenue)
mil -

r

160 2

165. 7

152.8

168.1

175 2

165.8

1

162.1

163.4

165.4

165.1

r

174.3

172 6

171.7

164.3

166.4

161
663 9
586 0
223.6

165
141 1
139.5
50.8

165
172 7
150.9
55.4

10 366
9 130
485
8 203
1 485
677
4 325

2,610
2 349
105
2 079
383
148
110

2,757
2 482
112
9 131
418
207
174

2,707
2,419
122
2,173
394
140
108

184 8
181 8
1 292
3 105

194.3
191.5
1.296
3,311

187.0
183.6
1.317
3 696

2 59.5

166 6

166.4

165.3

169.5

171.4

176.6

Class I Railroads
Financial operations (qtrly.):
Operating revenues, total 9 .mil. $
Freight
do
Passenger
do
Operating expenses
do
Tax accruals and rents
do
Net railway operating income
do
Net income (after taxes)
do
Operating results:
Ton-miles of freight (net), revenue and nonrevenue (qtrly )
bil
Revenue ton-miles
do
Revenue per ton-mile (qtrly avg )
cents
Passengers (revenue) carried 1 mile (qtrly ) mil
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
Departures
do
Aliens: .Arrivals
do
Departures
do
Passports issued and renewed
do
National parks visits
do
Pullman Co. (qtrly.):
Passenger-miles (revenue)
mil
Passenger revenues
mil $
COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues 9
mil. $
Station revenues
do
Tolls, message
do
Operating expenses (excluding taxes)
do
Net operating income (after taxes)
do
Phones in service, end of period
mil
Telegraph carriers:
Domestic:
Operating revenues
mil $
Operating expenses
do
Net operating revenues (before income taxes)
mil $
International:
Operating revenues
do
Operating expenses
do
Net operating revenues (before income taxes)
mil $

5
2

731 6
719 4
1 269
15 201

5

759. 1
743. 0

2

192.4
52. 3

3 74. 9

2

2

53.1

2

56.1 2 3 72. 2

10 59
61
T 115

11.35
61
118

10 83
61
116

10 48
64
129

11 64
63
117

11.14
63
134

11.94
63
125

10.63
58
117

11.90
63
116

11.85
63
122

12.31
72
118

12.03
57
110

10.70
47
113

11.80
56
106

11.80
62
119

4,387
4,334
2,773
2 358
1,686
39, 538

5,021
4 820
3,084
2 613
1,748
42, 392

306
334
169
138
143
1,082

350
359
204
168
176
1 366

371
374
230
185
213
2 112

383
391
244
206
235
2 881

439
559
269
238
214
6,388

533
627
327
260
191
9 273

809
528
357
311
132
9 240

485
367
352
264
693
4,176

371
310
272
250
83
2,725

314
294
218
200
67
1,412

339
354
236
238
75
904

104
788

122
858

1,434
24.57

1,002
16. 91

272
4 64

244
4.08

279
4.62

207
3.57

13, 847
7,090
5,170
8,319
2,488
90.2

15 068
7,578
5 693
9 020
2 553
95 1

3 634
1 851
1 358
2 1569
66
91 6

3,700
1,872
1,390
2,191
584
92.2

3,796
1,895
1,447
2,275
643
93.6

3,938
1,960
1,499
2,397
664
95.1

335 0
291.9

358 2
309 4-

86 3
74.8

90 7
77.3

89 3
79.7

91.9
77.6

04 9

29 5

6 0

7.5

5.4

10.6

132 3
101.4

153 5
116. 1

35 8
27.1

37.0
27.6

39.0
29.1

41.7
32.3

30 7

7 2

7.9

8 2

7.4

9

62

167

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
mil cti ft
Ammonia synthetic anhydrous thous sh tons
Carbon dioxide liquid gas and solid
do
Chlorine gas (100% C\z) '
do
Hydrochloric acid (100% HC1)
do
Nitric acid (100% HNO 3 )
do
Oxygen (high purity)..
mil. cu. f t _ .
Phosphoric acid (100% P 2 0 5 )
thous. sh. t o n s _ _
Sodium carbonate (soda ash), synthetic (58%
Na2O)
thous sh tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% XaOH)
do
Sodium silicate anhydrous
thous sh tons
Sodium sulfato anhydrous
thous sh tons
Sulfuric acid (100% thSO*)
do

14 269
11 869 6
1 085 3
7 658 0
5
1 597 7
6,121.8
243,401
4, 764. 3

r 14 877
r 12 003 0
r i 047 8
8 430 2
r
1 735 3
6, 134. 9
' 248, 250
r 4, 926. 2

1 292
1 156
1 219
1 241
1 276
1 271
973 3 1 069 4 1 089 6 1 163 7 1 028 5 1 031 3
75 5
88 0
107 2
69 6
73 1
' 89 5
692.4
700 1
688 2
701 8
649 8
708 4
141.7
150.3
138.7
13? 0
144 8
137 8
470.4
434.9
593.0
538. 9
595.3
517.8
21,114 22,099 21,930 21,661 21, 265 21,077
326.2
381.9
458.6
432.6
435.9
453. 8

349 i
11 6
666.3
r 63? 7
51 4
5 1 3gfi 6 r 1 4g() 6
114 4
28 815 2 r 9g 37Q § 2 380 8

4 897 9
131 3
7,891.4
605 3

r 4 559 6

r

145 1
8 799 4

349 8
12 6
727.7
55 9
134 6
2 459 7 2

390 2
12 7
723.9
59 1
130 5
447 7

r
Revised.
v Preliminary.
i Number of carriers filing complete
reports for the year.
3
Preliminary estimate by Association of American Railroads.
Data cover 5 weeks;
other months, 4 weeks.
* Reflects adjustment of -230 mil. dol. for extraordinary items.
2




399 5
12 2
755.4
57 1
145* 2
o 541 2

383 7
12 4
727.1
46 0
121 2
2 278 1

380 0
11 3
729'.1
49 g
115 0
9 161 8

1,224
932 1
105 5
702. 6
149.0
463.3
18, 960
388.2

1,174
949 0
92 5
701.2
149.9
488.6
18, 297
406.9

397 6
12 1
725.0
47 4
121 4
2 282 2

383 2
11 7
736. 4
47 8
121 7
2 294 6

1 275
951 2
88 8
735 4
157. 9
496.1
19,345
415.7

1,208
942 0
91.7
722. 5
156.2
487.0
20, 291
403.1

402 1
363 6
12 0
12 4
766.7
777.2
62 2
63 8
120 7
129 0
2 365 0 2 357.0

r
T

1,273
1, 263
904.8
986 3
85.9
85.2
731.8
766.1
147.9
* 150. 3
550.2
515.1
r
21,316 21, 686
' 410. 9 395. 6
T

"

'

' 396 6 328 8
13 7
11 3
' 792. 6 758.9
r gl 2
46 5
T
130 2
125 3
r
2 524 4 2 175.4

3 Annual total reflects revisions not distributed to the monthly or quarterly data,
live Aug. 26, 1968, passports are issued for 5 years; no renewals are made.

e Effec-

SURVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition oi BUSINESS STATISTICS

S-25

1968

1968

Annual

Feb.

Apr.

Mar.

May

June

1969

July

Aug.

Oct.

Sept.

Nov.

Dec.

Jan.

Feb.

Mar.

CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Organic chemicals, production :d"
Acetic anhydride
Acetylsalicylic acid (aspirin)
Creosote oil

mil. Ib 1 1, 556. 4 U, 651. 6
do
30.5
31.2
mil. gal. _ i 108. 8
111.4

136 5
2.6
9.5

140 1
2.9
9.9

123.7
2.7
9.6

103.0
2.2
8.3

107.6
2.4
10.7

141.2
2.3
9.0

142.3
2.1
8.0

142.5
2.6
9.3

137.1
3.1
10.5

139.0
3.0
8.8

152.9
2.8
10.6

141.7
3.5
10.7

11.5
10.5
337 6

12.6
13.5
340.4

10.8
9.5
343.6

11.7
13.6
350.5

12.3
12.8
356.3

12.2
13.0
337.3

12.3
13.3
340.6

10.7
14.5
332.4

18.8
364.6

11.8
330.8

16.0
350.5

13.1
12.3
321.1

29 4
36.7
46.5
58 2

34 1
42.1
46.8
59 7

28.8
37.5
49.9
60.8

27.3
32.1
47.5
66.6

26.3
29.3
46.5
65.5

27 5
29 2
48.6
57 1

30.2
28.7
46.1
63.9

28.7
28.4
47.5
59.1

27.0
28.1
50.5
66.2

26 8
26.8
49 4
62 5

30.1
29.5
55.6
67.9

28.4
30.4
51.4
59.8

708. 1
189 2
564 4
80.7

52.2
223 3
43 8
5.0

55.2
223 9
41 8
5.8

6
7
2
5

58.2
216 6
48.8
6.9

54.6
215 7
44.7
6.4

7
4
1
5

56.5
207 5
49.8
6.6

60.0
201.4
47.0
7.7

70.8
199 5
51.7
9.1

60.3
187 8
47.1
7.6

66.2
189.2
50.6
5.4

67.5
195.5
57.1
6.7

300.1
298.6
4 9

303.5
305.6
2 7

23 5
23.8
53

22 7
24.1
39

25 9
25.8
4 0

26.3
27.2
31

24.0
23.8
34

25 3
25 8
29

26.7
26.2
33

25.2
25.7
2.7

27.6
27.0
3.4

25.3
26.0
2.6

27.2
27.2
2.7

30.5
30.3
3.1

15, 294
1 629
11, 025
1 119

18, 956
2 607
13 584
1 303

1 324
121
948
127

1 417
162
1 077
79

1,584
229
1 132
115

1,610
174
1 207
110

1,466
147
1 091
89

1,617
215
1 195
75

1 533
180
1 143
99

1,658
242
1,134
153

1,902
347
1,332
160

1,544
317
1 100
77

1,883
296
1,291
129

961
27
783
107

177
168
2,711
218

227
131
3,557
205

18
17
378
g

28
31
473
30

46
11
498
16

21
3
223
19

11
1
205
30

11
1
152
25

15
6
111
25

13
5
260

14
6
275

12
13
254
2

20
15
261
32

19
9
236
0

4 034

4 170

411

607

598

354

281

117

213

329

372

273

280

4 695
726

4 149
r 535

375
704

405
615

378
500

379
497

311
529

257
567

308
578

351
524

358
525

331
516

Explosives (industrial), shipments, quarterly:
Black blasting powder __
mil Ib
High explosives
do

.4
1 708 5

4
1 581 7

Paints, varnish, and lacquer, factory shipments:
Total shipments
mil $
Trade products
do
Industrial finishes _ __
do

2 348 2 2 587 1
1 329 5 1 427 5
1 018 7 1 159 6

DDT
.
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
Stocks, end of period
_ •_ _
Methanol, synthetic and natural..
Phthalic anhydride

mil.lb
do
do
do
do
mil. gal _
mil.lb

102.8 i 138. 0
138.9 i 162. 0
3, 686. 2 1 4, 099. 6
353.8
32.6
i 520. 2
715.3

347.0
29.5
580.2
* 748. 3

29.0
26.5

ALCOHOL
Ethyl alcohol and spirits:
Production
_.
mil. tax gal
Stocks, end of period
do
Used for denaturation_ __
_ do
Taxable withdrawals...
_
_ do._
Denatured alcohol:
Production
__
mil. wine gal
Consumption (withdrawals).. __ __
do __
Stocks, end of period
do

685.1
218 4
556 1
79.0

r

57
220
48
7

59
217
47
6

FERTILIZERS
Exports, total 9... -_Nitrogenous materials
Phosphate materials
__
Potash materials
Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride...
Sodium nitrate __

thous. sh. tons
do
do
do

1

do
do
do_
do

_

Potash deliveries (K2O)
do
Superphosphate and other phosphatic fertilizers
(100%P205):
Production.
thous sh tons
Stocks, end of period _ _
do

(2)

(2)

r

340
535

312
557

MISCELLANEOUS PRODUCTS

Sulfur, native (Frasch) and recovered:
Production
thous Ig tons
Stocks (producers'), end of period
do

1
417 5

2
330 9

.1
428 8
234 7
119 5
115. 3

198 9
92 7
104 2

175.7
83.0
92.7

189.8
86.2
103.6

744
2,619

756
2 690

759
2 775

767
2,790

820
2,940

16.3

16 6

17 5

15.1

18.4

51 4

58 5

48 6

'46. 7

51.4

25 0
48.9
91 4
68.2

30 0
51 2
101 5
71.9

26 1
49 4
90 6
69.2

32.4
47.8
'82.6
T
70.8

25.5
50.1
84.2
55.1

247 2
261 5
399 7

243 9
261 0
414.3

186 2
100 9
85 3

206 4
114 7
91 6

229 2
135 8
93 3

241 7
239 0
141 4 r 139 9
100 3
99 2

231 6
140 5
91 1

238 6
141 9
96 6

229 5
127. 6
101.9

8 766
2 790

646
2 oil

699
2 046

690
2 027

715
2 028

763
2 142

776
2 293

771
2 466

171 9

1 186 2

15 4

15 3

14 2

14 3

14 2

13 3

15 7

i 585 9

i 624 7

49 8

53 9

54 0

5*1 3

51 1

52 6

54 5

29
45
83
55

28
49
87
60

1
1
6
3

31 0
54 3
83 7
58 3

30 9
51 9
92 3
59 6

21
50
86
55

28
46
72
54

24
47
85
65

2
7
2
5

220 2
235 9
334 1

224 2
237 1
351 6

235 6
250 3
370 0

229 3
246 7
363 5

228 1
245 3
381 4

235 7
254 8
383 7

i g 284
1 954

.1
404.6

r

PLASTICS AND RESIN MATERIALS
Production:
Cellulose plastic materials

mil Ib

Thermosetting resins:
Alkyd resins
Coumarone-indene and petroleum
resins
Polyester resins
Phenolic and other tar acid resins
Urea and melamine resins __

do
polymer
mil Ib
do
do
do

Thermoplastic resins:
Styrene-type materials (polystyrene) mil Ib
Vinyl resins (resin content basis)
do
Polyethylene
do

1

i 289 9 i 332 5
489 7 i 576 4
i 953 7 i i 038 4
1
645 4 i 741 4
12 365 4 12 719 3
12 599 4 1 2 944 8
3 761 9 ri 4 539 i

7
g
1
2

189 8
218 3
343 7

7
6
2
2

6
2
0
i

212 3
231 7
362 4

r
r

249. 7
251. 3
' 422. 7

237.1
253.1
392.8

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil. kw.-hr__ '1,317,301 1,433,001 112,970 114,845 109, 234 114,607 119,340 127,472 131,905 115,832 119,354
Electric utilities, total
By fuels
By waterpower.

__

do__. 1,214,365 1,326,932 104, 531 105,887 100, 340 105,522 110,645 118,870 123, 001 107,154 110,288
d o _ _ _ 992,847 1,104,694 86,615 87,024 81,341 85,998 91,708 99,841 104, 856 91,428 93, 636
I _ _ _ ~ d o _ _ " 221, 518 222,238 17, 915 18,864 18, 999 19, 524 18,936 19,029 18,146 15, 726 16, 652

Privately and municipally owned util. _ do.
Other producers (publicly owned)
do..
Industrial establishments, total
By fuels
By waterpower
r
1
2

do
do..
do..

986,227 1,082,382 84, 976
228,138 244,550 19, 555
102,936
'99,505

106,069
102,690
3,379

8,439
8,155
284

Revised.
Revised annual total; revisions are not distributed to the monthly data.
Less than 500 short tons.

336-296 O - (




85,345
20,542

80, 976
19, 364

85,251
20, 271

90,318
20,326

8,957
8,651
306

8,895
8,578
317

9,084
8,758
327

8,378
317

118,073 128,063 131,591
109,167 118,961 122,463
91,254 98,669 101,050
17,913 20, 292 21,413

97,308 101, 215
21,562 21, 786

87,884
19,270

91, 092
19,196

89,477
19,690

96,672
22,289

99,163
23,300

8,904
8,657
246

8,677
8,457
220

9,066
8,818
248

1,644
262

9,102
8,836
266

9,128
8,860
267

8,603
8,338
265

cfData are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately.

g_26

SUKVEY OF CUKKENT BUSINESS
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

| 1968

April 1969

1968

Feb.

Annual

Mar.

Apr.

May

June

July

1969
Aug.

1

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

ELECTRIC POWER AND GAS—Continued
ELECTRIC POWER— Continued
Sales to ultimate customers, total (EEI) mil.kw.-hr_ 1,107,023 1,202,321
Commercial and industrial:
242, 492 265, 046
Small light and power§
do
Large light and power §
do_ __ 486, 043 518, 940
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental

-

4,572
do_ _.
331, 525
do
9,863
do
29, 426
do_ _
3,102
-- _do_

4,538
367, 694
10, 301
32, 163
3,641

98, 707

98,285

94, 620

94, 367

97, 169 102, 330 107, 416 106, 260 100, 515

98, 673 103, 027 109, 412

20, 526
41, 380

20, 501
42, 024

20, 029
42, 488

20, 621
43, 488

22, 064
43, 354

22. 762
44, 678

21,510
44, 115

361

371
28,704
941
2,696
335

432

404

358

32, 603

31, 603

28, 118

901
2,593
273

874
2,599
280

815
2,527
284

24, 174
43, 055

351

336

342

26, 239

27, 676

30, 995

750
2,685
304

775
2,586
307

746
2,693
324

25, 433
44, 195

338

33, 570

796
2,769
315

24, 832
44, 166

351
32, 967

842
2,772
331

28, 687

903
2,787
337

21,743' 22, 533
44, 146 44, 410

436

32, 608

998
2,830
268

431
37, 778

995
2,953
312

Revenue from sales to ultimate customers (Edison
Electric Institute)
___
.
.mil. $_. 17, 222. 7 18, 579. 9 1, 519. 0 1, 503. 1 1, 454. 6 1, 450. 8 1,514.6 1, 601. 6 1, 670. 7 1, 656. 3 1, 559. 8 1,524.0 1, 580. 1 1,664.1
GAS

Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial
Sales to consumers total 9
Residential

thous
do
do

666
624
41

580
543
36

669
626
43

650
608
40

574
539
35

580
543
36

mil therms
do

1 437

1,461

829
589

822
615

613
389
224

323
174
144

163
63
98

362
196
159

131 4
84 5
45 3

128.8
81.2
45.7

53.9
36.5
17.5

29.3
18.1
10.8

14.8

7.7
7.0

30.7
19 0
11 2

thous
do
do

39 034
35 836
3 152

39, 894
36, 619
3,227

39, 053
35, 842
32, 115

38, 835
35, 692
3,097

38, 962
35, 834
3,082

39, 894
36, 619
3 227

mil. therms
do
do

133 424
42 811
85* 321

144, 258
44, 546
93, 312

47, 703
20, 674
27, 030

33, 077
8,960
22, 594

26, 950
3,821
21,519

36, 586
11,111
23, 864

8 124 4
4 294 9
3,637 9

8,623 6
4, 450. 3
3, 947. 2

3, 169. 0
1, 883. 4
1, 285. 6

1,911.7
940.4
920.0

1, 339. 9
502.2
787.5

2,207 7
1,126.8
1,021.2

Revenue from sales to consumers total 9 mil. $
Residential
do
Industrial and commercial
do
Natural gas:
Customers end of period total 9
Residential
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

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
mil bbl
Taxable withdrawals
do
Stocks, end of period
do
Distilled spirits (total):
Production
mil. tax gal
Consumption, apparent, for beverage purposes
mil. wine gal
Taxable withdrawals
mil. tax gal
Stocks, end of period
do
Imports
mil. proof gal
Whisky:
Production
mil tax gal
Taxable withdrawals
_ .
_ _ do. _
Stocks, end of period
do
Imports
mil. proof gal

116 55
106. 97
10.77

do

8.57
7.48
11.94

11.48
10.19
13.17

11.37
10.30
13.31

' 21. 23 ' 25. 19

12 30
11.58
13.02

11 37
10.76
12.64

9.86
9.11
12.54

10.10
9.28
12.48

8 46
8.26
11.92

8 90
8.48
11.56

8.99
7.88
11.91

19.32

18.24

14.72

19.36

24.32

22.26

21.24

21.06

345. 49
147. 64
956. 44
75.45

24.62
10.07
912. 89
5.00

26.62
28.22
26.48
29.37
12. 59
12.13
10.52
13.95
917.15 ' 920. 50 ' 929. 92 934. 29
5.16
6.20
6.00
5.17

25. 96
10.53
939 76
4.92

27.47
12.53
938. 82
6.17

27.35
14.29
940. 45
6.80

30.94
15.75
944. 52
9.23

34.14
12.85
950. 02
7.90

41.14
11.47
956 44
8.14

24.31
11.31
962. 90
5. 59

153 78
97.02
856 66
59.70

178 00
95. 27
904. 35
66. 50

13 57
6.88
864. 53
4 48

14 36
7.24
868. 98
4 60

14 15
16. 30 r 20. 55
6.97
8.62
7.88
873. 77 ' 883. 24 888. 11
4.50
5.35
5.34

13 85
6.28
893. 66
4.31

9 60
7.63
892. 77
5.37

13 28
9.45
893. 39
5.92

17 66
11.07
895. 98
8.13

16 41
8.76
899. 65
7.00

15 24
7.31
904. 35
7.29

17 00
7.39
911.26
4.87

108. 26
67.31

'110.54
66.71

6.90
4.16

7.60
4.31

10.30
6.30

9.37
5.77

'8.90
'5.32

8.30
4.92

8.66
4.99

10.43
6.37

12.85
8.26

10.40
6.73

8.53
4.87

8.67
4.84

1.07
56
5.06
13

1 12
78
5.35
14

1.17
.63
5.82
.15

.88
.78
5.85
.20

.87
.74
5.90
.17

.60
.55
5.86
.13

1.06
.77
6.08
.24

.95
1.06
5.85
.18

1.07
1.28
5.54
.26

1.16
1.26
5.38
.27

1.26
1 27
5.25
.22

1.13
.70
5.60
18

2.21
2.40
' 14. 41 11.22
187. 63 175.28
1 41
1 55

8.88
14.76
166. 67
2 24

72.54
14.76
221. 09
2.22

93.68
18.01
290. 02
1.78

20.75
16.44
286. 82
"1 54

5.51
16.00
268 30
1 68

3.63
14.95
255. 91
75

10.19
8 75
4.30
1.92

r

16.49

12. 17
10. 29
5.25
2.23

221, 54
217.46
175. 27 ' 181. 18
272. 02
268. 30
1
17 46
19 98
r

10.84
9.45
12.88

10 10
8.95
12. 36

324 81
148. 20
904 58
68.17

211 77 ' 238. 33

Rectified spirits and wines, production, total
mil. proof gal__
Whisky
do _
Wines and distilling materials:
Effervescent wines:
Production _ _
mil. wine gal
Taxable withdrawals
do
Stocks, end of period _
do
Imports.
do
Still wines:
Production
do
Taxable withdrawals
_ _ _ _ do ._
Stocks, end of period.
do
Imports
do
Distilling materials produced at wineries

122 41
112. 41
11.56

r

r

17.63

r

2.94
3.01
'2. 82
2 92
14. 05
' 14. 52 T 18.42 ••13.49
203.
34
243. l)05 227. 76 ' 214. 50
1.93
1.68
1 7
1 30

r

362. 71

366. 48

3 18

3 84

3.99

3.52

3.22

4.66

35.96

125. 32

126. 37

28.99

16 92

7.15

mil Ib
do
$ per lb._

1 222 6
168 6
.675

1 171 7
117.4
.678

100 7
173 0
.673

108 6
176 4
.672

113.9
180.1
.673

124.4
199.3
.673

116.5
225.0
.672

100.1
241.7
.674

81.5
224.6
.677

70.2
196. 5
.691

77.7
161.9
.686

77.8
137.4
.680

92 4
117 4
.690

106 3
104.5
.674

95.6
' 115. 1
.673

mil Ib
do

1 913 0
1 276 4

1 946. 5
1, 281. 6

144 2
94 3

163 0
105.8

179.9
120.9

199.6
139.6

197.1
140.1

175.7
123. 1

161.3
109. 6

146.6
94.4

147.1
90.4

137.0
81.1

146 2
87.3

147.3
91.6

138.0
88.0

Stocks, cold storage, end of period
do
390.3
American, whole milk
do
344 0
i isi g
Im ports. _
_
do
Price, wholesale, American, single daisies (Chicago)
$ perlb__
.521

381.0
318.7
168 2

361. 0
312 3
8 7

' 351. 4
T
303. 5
9 1

363.4
315.0
9.5

393.7
341.6
14.8

420.8
370.1
12. 9

444.5
389.2
20.9

451.3
390.5
23.5

' 447. 3
' 376. 0
20.2

415.5
346.4
10.7

r 398. 0
334. 5
11.6

381.0
318.7
17. 1

.548

.528

. 522

.550

.553

.549

.549

.550

.551

.562

.565

.570

DAIRY PRODUCTS
Butter, creamery:
Production (factory)
Stocks, cold storage, end of period
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factorv), total
American, whole milk _

' Revised.
1 Annual total reflects revisions not distributed to the monthly data.
§ Data are not wholly comparable on a year to year basis because of changes from one classi-




fication to another.

9 Includes data not shown separately.

121.1
.673

' 357. 7 '328.5
296.4 ' 271. 1
4.5

317.6
262.4

.572

.587

.572

SDKVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

1968
Feb.

Annual

S-27

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS— Continued
Condensed and evaporated milk:
Production, case goods:
64 4
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do
1 493 2
(Stocks, manufacturers', case goods, end of period:
58
Condensed (sweetened)
mil Ib
190.2
Evaporated (unsweetened)
_do
Exports:
28.6
Condensed (sweetened)
_do __
33.8
Evaporated (unsweetened) - _
do_ __
Price, manufacturers' average selling:
7.05
Evaporated (unsweetened)
- --$ per case
Fluid milk:
118,769
Production on farms
mil. Ib
Utilization in mfd. dairy products
_ _ _ do _
58, 587
Price wh olesale U S average
$ per 100 Ib
5 01
Dry milk:
Production:
Dry whole milk
mil. Ib
74 3
Nonfat dry milk (human food)
do
1,674.8
Stocks, manufacturers', end of period:
Dry whole milk__
do
6.1
98.7
Nonfat dry milk (human food)
do
Exports:
12.8
Dry whole milk
do
140.9
Nonfat dry milk (human food)
do
Price, manufacturers' average selling, nonfat dry
.199
milk (human food)
$ per Ib

87 2
1, 360. 7

7.4
85 6

8.7
96 4

80
125 4

6 7
146 7

9 3
138 4

8 6
138 0

81
134 5

6 9
107.5

83
101 5

91.0

5 0
109.5

35
95 4

4 8
97 6

2 1
99.1

82
104.0

8.2
78.1

6 4
58.6

2 6
106.2

4 7
149.1

4 0
178.9

30
192! 8

5 7
189.0

30
160.6

2 6
124.4

2 1
99.1

26
56.9

39
39.3

42.4
33.7

1.5
2.3

2.7
2.5

4.7
3.9

1.3
2.5

2.4
1.7

6.5
3.2

6.0
1.7

2.7
2.8

6.1
3.1

1.5
2.7

6.0
3.1

.9
3.7

6.9

7.26

7.06

7.07

7.22

7.29

7.33

7.35

7.36

7.36

7.36

7.36

7.36

7.40

7.42

117,281
58, 825
5.26

9,207
4,574
5.20

10 169
5,103
5.08

10,457
5,576
5.03

11,227
6 147
4 99

10,840
6,038
4.90

10,201
5,567
5 06

9,567
4,929
5 24

9,035
4,129
5.46

9,120
4,119
5.62

8 721
3,818
5 68

9,191
4,197
5.60

9,407
4, 604
5 53

8 795
4,381
r
5 45

76.3
1, 610. 4

57
128 8

64
145.5

71
169.8

9 6
189.2

10 0
188.2

5 2
152 1

4 6
120.3

91.0

5 2
120 9

114.8

7.6
78.9

6.6
79.3

6.3
76.8

7.6
89.6

9.1
118.0

11.5
145.9

11.1
139 9

10.1
128.4

8.4

9.1

7.9

7.6

7.5

90.1

76.0

78.9

8.2

107.4

72.6

68.5

18.6
151.0

.7
6.2

1.5
6.7

1.1
4.3

13
26.4

.7
12.3

17
10.2

1.4

1.1

.4

22.8

6.6
8.1

1.1

20.8

13.7

15.3

8
<=3.5

.224

.198

.199

.227

231

.231

.231

.232

.234

.235

.233

.234

.235

1, 245. 4

1, 267. 4

122.8

123.0

109.6

86.2

92.2

99.1

114.4

83.2

84.8

108.3

127.2

18.4

i 372. 9
301.6
182.9
118.7
40.2

i 418 2

17.8

4.8

216 9
127.7
89 3
29

.8

.7

2.5

.5

.1

1.30
1 29

1.18
1 18

1.24
1 25

1.23
1 23

1.24
1 23

1.19
1.18

1.17
1 15

1.14
1.14

1.18
1.19

4, 760

i 4, 375

4.9

6.1
91.0

5.1

5.1

90.9

115.6

r

9 983
5 34

4.3

GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat) __mil. bu
Barley:
Production (crop estimate)
Stocks (domestic), end of period
On farms
_
Off farms
Exports, including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No 3 straight
Corn:
Production (crop estimate, grain only)

do
do
do
do
do
$ per bu__
do
mil. bu

Stocks (domestic), end of period, total mil. bu
On farms
do
Off farms
do
Exports, including meal and
flour
do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu__
Weighted avg., 5 markets, all grades
do
Oats:
Production (crop estimate)
Stocks (domestic), end of period total
On farms
Off farms.

mil. bu
do
do
do

Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu
Rice:
Production (crop estimate)
mil. bags?
California mills:
Receipts, domestic, rough
mil. Ib
Shipments from mills, milled rice _
do
Stocks, rough and cleaned (cleaned basis), end
of period
mil Ib
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil Ib
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period
mil Ib
Exports
do
Price, wholesale, Nato, No 2 (N.O )
$ per Ib

Rye:
Production (crop estimate)
mil. bu
Stocks (domestic) , end of period
do
Price, wholesale, No. 2 (Minneapolis) _ _ $ per bu_.
Wheat:
Production (crop estimate), total
Spring wheat _
Winter wheat
_ _
Distribution
Stocks (domestic), end of period, total
On farms,
Off farms

mil. bu
do
do
do
do
do
do

1

4,217
3 353
864
515.3

594 0

48.1

3 169
2 362
807
54 9

1.27
1.25

1.11
1 11

1.12
1.10

1.14
1.14

1

1

789
648
543
104

930

2 136. 8
270.6
266 1
8
.5

1.1

1.8

445.8
295.6
150.2
.4

1.24
1 25

1.19
1 18

1.06
1 07

1.04
1 05

1.19
1 20

41.9

42.1

2,151
1 621
531
42 7

46.7

60.7

21,146
2
765
2380
50.2

40.8

54.1

59.9

3.1

1.13
1 11

1.17
1.14

1.13
1.15

1.10
1.10

1.06
1.06

1.06
1.03

1.06
1.08

1.13
1.14

1.14
1.13

1.18
1.16

1.0

442
358
84

11 6

.7

17

1.4

1.0

5

.2

1.6

2.0

.7

3 72

.83

.79

81

.82

.74

.67

.60

.63

.58

189.4

i 105. 3

1,913
1,403

2,020
1,376

194
224

213
167

206
188

122
119

83
63

91
80

54
28

170
76

371
69

254

312

185

179

142

106

88

69

79

110

6 675
4,544

7 086
4 774

511
485

235
424

141
434

62
410

88
299

126
248

1,182

1,732

1 875
4 066
085

2 013
4 163

1 545
295
088

1 236
481
090

988
469
090

644
406
090

417
300
090

784
169

1 547

.090

.087

.081

209
083

124.2
27 7
1.19

i 23 2

1.18

23 2
1.17

1.13

1.14

18 0
1.12

1.10

1.09

31.9
1.12

1.17

U,522
1316
il 207
1,365

i 1 570
i 342
i i 229

1.14

2




272
235

305

372

342

299

446

537
2 228
2
309

1,690

373

1 209
837
505
360
704
477
r
Revised.
i Crop estimate for the year.
2 old crop only; new crop not reported until
beginning of new crop year (July for barley, oats, rye, and wheat; Oct. for com).
3 Average
for 11 months.

1.16
1 17

1.16
1.15

1.15
1.15

.68

930
776
154

22 270
204
<= 267

.75

9.4
3

1.17
1.18

2

I Excludes pearl barley.

.4

.5

.71

.74

.75

115
58

215
170

221
179

272
289

286

315

312

298

••229

1 584

481

749
519

339
347

139
212

146
188

2 122

2 119

2 013

1 903

1,812

1.20

1.20

1.21

744
946
9 Bags of 100 Ibs.

336

361

135

.083

1.17

c

Corrected.

1.23

April 1969

SURVEY OF CURRENT BUSINESS

S-28
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

Annual

1969

1968

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat— Continued
Exports total includin^
AVheat only

flour

mil bu
do

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu__
No. 2, hd. and dk. hd. winter (Kans. City). do
Weighted avg., 6 markets, all grades
do

675.6
637.1

642.1
587.8

69.1
65.4

63.4
59.1

64.8
58.0

42.2
39.1

48.3
45.6

51.1
48.0

50.2
46.5

30.4
25.2

42.6
37.9

50.7
44.0

66.3
60.3

14.7
13.9

1.92
1.68
1.88

1.79
1.52
1.77

1.85
1.63
1.85

1.87
1.61
1.84

1.84
1.57
1.83

1.81
1.55
1.78

1.77
1.48
1.70

1.74
1.42
1.62

1.68
1.41
1.62

1.72
1.42
1.73

1.79
1.49
1.83

1.79
1.54
1.83

1.72
1.50
1.78

1.78
1.52
1.82

1.81
1.48
1.83

254, 185
4,510
569, 649

20,379
366
45,637

21, 873
390
49, 019

20,025

19,985

19,687

20,422

21,873

21, 533
379

23, 506
411
53, 606

22, 080
386
49, 523

21, 279 '20,342
'362
374
47, 667 '45,888

19,063
336
42, 038

2,229

2,020

2,903

5.913

5.925
5.463

5.513

323

373
2,813
1,381
1,488

344
2,416
1,077
1,259

2,380

2,676

921
685

2 1, 057
342

317
2,356
905

1,019

28.38

28.83
26.39

29.10

26.01

26.60

28.97
27.22

30.20
28.69

Wheat flour:
Production:
Flour
thous. sacks (100 lb.)-- 245, 240
4,423
Offal
thous sh tons
549, 801
Grindings of wheat
thous bu
Stocks held by mills, end of period
4,372
thous. sacks (lOOlb.K.
16, 535
Exports
do
Prices, wholesale:
Spring, standard patent (Minneapolis)
6 124
$ per 100 Ib
Winter hard 95^ patent (Kans City) do
5 631

4,638
23, 264 "I,~568~

4,348

355

44,492

351

44,374

352
44, 119

369

45,852

391

48,950

4,262

1,144 " I,"304" ""l,"55l"

48,042

4,517

1,842

2, 930 "l,~366~

6.020
5.500

6.020
5.450

6.210
5. 938

5.888
5.350

5.775
5.267

332

2,367

2,609

2,540

1,015
468

2.468

794
291

957
708

1,123
1,153

27.56
26.54
32.00

27.92
25.84
32.00

28.24
25.33
32.00

28.22
25.33
31.50

32.50

6,348

7,404

5.775
5.350

5.788
5.288

5.375

4 638

2,570

1.78
1.52
1.81

370

5.950

LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves.
thous. animals-.
Cattle. _ _ . .
do__Receipts at 28 public markets
_ _do_ ._
Shipments, feeder, to 8 corn-belt States. _ .do
Prices, wholesale:
Beef steers (Chicago)
$ per 100 lb-_
Steers, stocker and feeder (Kansas City)__do
Hogs:
Slaughter (federally inspected)., thous. animals-.
Receipts at 28 public markets _
do
Prices:
Wholesale, average, all grades (Chicago)
$ per 100 lb..
Hog- corn price ratio (bu. of corn equal in value
to 100 lb. live hog)
Sheep and lambs:
Slaughter (federally inspected). ..thous. animals. .
Receipts at 28 public markets. ..
_do
Shipments feeder to 8 corn-belt States
do
Price, wholesale, lambs, average (Chicago)
$perl001b._

311

337

364

4,002
27, 780
12, 659
7,852

3,876
i 29, 592
i 11, 699
8, 219

302
2,258
850
401

342
2,241
847
472

2,286
883
384

302
2,541
740
386

25.97
24.73
32.38

27.65
25.90

27.19
25.68
35.50

27.67
26.09
38.50

27.38
26.43
35.50

27.02
26.80
34.00

26.83

74, 784
70, 915
i 16,196 i 15, 932

5,697
1,288

6,238

6,483

6,407

5,454

5,942

1,323

1,431

1,355

5,125
1,130

1,221

1,186

1,319

1,612

6,571
1,388

6,619
1,410

6,814
2 1, 460

6,245
1,278

1,363

'18.88

18.79

18.86

19.37

18.56

18.37

19.58

20.50

19.35

19.49

18.19

17.56

17.87

18.94

19.68

20.41

16.3

18.0

17.8

17.5

17.5

16.7

18.0

20.0

19.3

19.3

18.6

16.8

17.0

17.2

18.0

18.3

11, 516
13,603
1,449

10,893
i 2, 934
1,399

840
190
78

796
178
75

865
200
61

920
241
114

856
245
83

928
266
74

930
233
122

973
300
181

1,068
376
301

835
243
134

832
210
79

1,007
2214
70

768
179

176

23.48

26.02

24.75

26.00

26.50

29.50

29.00

26.25

25.25

25.25

25.62

26.12

25.00

26.50

27.50

29.25

31, 106

32, 718

2,494

2,581

2,690

2,855

2,482

2,661

2,738

2,738

3,132

2,770

2,760

2,965

2,628

644
484
1,397

625
508
1,594

636
37
117

"619
32
109

662
37
123

-•673

548
34
151

'506
45
148

517
55
171

572
48
147

614
62
144

625
54
97

597
29
65

'601

34
109

615
32
150

18, 274
304
29
1,129

1,414

1,434
224
2
84

1,587
203
3
69

1,464
207
2
105

1,592
222
2
113

1,608
'239
3
113

1,536
249
2
129

1,714
273
2
111

1,489
304
3
107

1,475
304
2
63

<= 1,658
288
2
51

1,461

'278

280

78

1,406
234
2
70

.473

.474

.469

.469

.475

.472

.477

.477

.477

.466

.471

.484

.492

.484

.496

545
14

44
13

42
13

44
12

46
12

41
12

45
12

45
11

47
12

53
••13

42
15

43
14

52
10

40
9

12

1,036

1,134

1,211

1,222

977

1,024

1,084

1,154

1,365

1,239

1,242

1,254

1,127

849
292
3
27

929
306
3
29

985
355
3
28

986
'387
3
29

786
326
3
29

830
245
4
27

881

••196

1,114
222
14
24

1,014
237
18
25

1,022
256
15
26

1,033
251
14
10

938
'264

271

11
24

943
197
11
30

.504
.533

.531
.492

.517
.472

.516
.475

.522
.550

.544
.569

.545
.515

.543
.539

.546
.484

.567
.481

.484

.531

.507

.476

136
124
27
.114

148
121
13
.116

164
132
16
.115

172
139
8
.110

140
130
12
.104

140
121
10
.108

146
105
16
.105

154
94
16
.105

182
89
14
.114

164
78
20
.123

160
94
12

160
92
12

138

566

582

620

706

671

805

880

858

984

795

765

726

579

312
194

296
185

332
226

413
305

492
386

607
504

486
386

417
317

394
294

'351
'255

257

26.51

33.50

288

MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in) , inspected
slaughter
mil lb
Stocks (excluding lard), cold storage, end of
period »
mil lb
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do

Beef and veal:
Production, inspected slaughter
do
17, 252
Stocks, cold storage, end of period
do
286
Exports
do
34
Imports
do
1967
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
$ per lb__
.451
Lamb and mutton:
Production, inspected slaughter
mil. lb_.
574
Stocks, cold storage, end of period
do
15

Pork (including lard), production, inspected
slaughter
mil lb
13, 280
13, 898
Pork (excluding lard) :
Production inspected slaughter
do
10, 750
11, 330
Stocks, cold storage, end of period
do
256
286
Exports.
do
92
56
Imports..*
_ _
do
324
307
Prices, wholesale:
Hams, smoked, composite
$perlb_
.544
Fresh loins, 8-12 lb. average (New York), .do
.515 """"."569"
Lard:
Production, inspected slaughter
mil. lb_. 1,835
1,862
151
94
Exports
do
189
172
Price, wholesale, refined (Chicago)
$ per lb_.
.126
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil. lb_.
9,218
8,918
Stocks, cold storage (frozen), end of period, total
mil. lb._
540
417
Turkeys
do
367
317
Price, in Georgia producing area, live broilers
.122
$perlb_.132
r
Revised.
<= Corrected.
1
Annual total reflects revisions not distributed to the mont ily data.




264
2

458
310

400
268

351
225

.135

.135

.135

615

288
202

.145
.135
.130
.125
.115
.120
.135
.145
.140
.140
2 Beginning Ian. 1969 , data ar e for 38 markets; compareible Dec 1967 receipts: Ca ttle and
calves , 1,085; hogs 1,461 sheep aiid lambs , 213.
.135

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1957
edition of BUSINESS STATISTICS

1967

1968

1968
Feb.

Annual

S-29

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS— Continued
Eggs:
Production on farms
..mil. casesO..
Stocks ,cold storage, end of period:
Shell
.
_thous. casesO
Frozen
mil Ib
Price, wholesale, extras, large (delivered; Chicago)
$ per doz_-

194.9

192.6

15.7

17.1

16.6

17.7

15.9

16.1

15.7

15.1

15.8

15.4

15.9

15.9

14.7

16.6

86
89

59
72

77
80

82
81

102
86

191
95

287
108

262
110

229
109

150
102

172
92

91
82

59
72

56
61

'71
56

55
52

.298

1.372

.294

.316

.303

.287

.332

.369

.390

.501

.399

.437

.480

.485

.413

.445

Cocoa (cacao) beans:
Imports (incl shells)
thous Ig tons
Price, wholesale, Accra (New York)
$ per lb._

282 6
.288

228 2
.344

24.5
.300

7.7
.300

25.7
.313

27.9
.296

21.8
.289

18.6
.291

15.3
.300

12.9
.363

10.8
.394

10.0
.465

17.4
.498

20
.433

.431

.460

Coffee (green) :
Inventories (roasters', importers', dealers^, end
. Qf period
thous bagso*
Roastings (green weight)
do

2 311
21 291

5 076
21 165

IipportSj total
do
From Brazil .
do
Price, wholesale, Santos, No. 4 (N.Y.) $ per Ib
Confectionery manufacturers' sales
mil $

21 312
6,069
384
1 645

25 377
8,318
376
1 703

2,461
956
375
150

1,755
510
375
142

2,398
766
.375
126

1,956
559
.380
113

1,641
567
.378
107

2,481
726
.378
97

2,397
773
.378
127

2,322
839
.375
194

1.687
552
.378
188

2,132
740
.378
172

1,945
699
.375
139

363
135

253

285

201

173

176

181

188

235

258

275

288

287

285

248

'219

195

4,106
6 391
1 958

4 396
6 663
1 696

172
302
129

202
146
142

115
154
152

105
218
199

65
418
170

72
714
184

90
788
184

158
532
92

793
570
215

1,066
439
128

1,008
252
76

690
2 034
35

46
46

do
do
do

10, 516
10 245
2*873

11, 098
10 932
2 954

752
738
2 719

841
825
2 603

834
891
2 523

943
931
2,323

952
940
2,092

1,028
1,008
1,817

1,117
1,102
1,533

1,029
1,013
1,249

932
921
1,723

821
809
2,467

1,087
1,077
2,954

sh tons

1 468

1 320

285

51

120

89

65

94

165

120

62

118

66

94

thous sh tons
do
do

4 584
2 1 134
97

4 879
1 075
117

282
32
5

373
64
2

440
109
3

494
174
26

457
253
8

475
104
2

541
161
4

444
9
2

452
33
1

290
32
48

431
96
13

45
0
1

.073

MISCELLANEOUS FOOD PRODUCTS

Fish:
Stocks, cold storage, end of period

mil. Ib..

Sugar (United States):
Deliveries and supply (raw basis) :§
Production and receipts:
Production
. -thous. sh. tons
Entries from off-shore, total 9
do
Hawaii and Puerto Rico
do
Deliveries, total 9
For domestic consumption
Stocks raw and ref end of period
Exports raw and refined
Imports:
Raw sugar total 9
From the Philippines
Refined sugar, total

Prices (New York):
Raw, wholesale.-.--.
Refined:
Retail (incl N.E New Jersey)
Wholesale (excl excise tax)
Tea, imports

$per lb__
$ per 5 Ib
$ per Ib
thous Ib

Baking or frying fats (incl. shortening):
Production
mil Ib
Stocks, end of period©
do
Salad or cooking oils:
Production
do
Stocks, end of period©
do.
Margarine:
Production
do
Stocks, end of period©
do
Price, wholesale (colored; mfr. to wholesaler or
large retailer* delivered)
$ per Ib

5, 205
4,921

3,286
4,954

2 568
5 687

5 076
5,603

146

r

704
692
635
3, 151 * 3,103

.075

.074

.074

.074

.075

.076

.076

.076

.076

.077

.076

.076

.077

620
099

624

.614
100

613
099

.614
099

.615
.099

.622
.102

.624
.103

.635
.102

.635
.102

.636
.102

.638
.102

.630

.628

142 583

155 335

10, 121

13,500

13, 121

15, 800

13, 734

11, 440

16,354

14, 766

7,677

12, 279

15,633

1,859

3 225. 7 3 311.9
139 2
142 7

267.6
128.9

271.8
124.2

258.4
130.7

273.6
133.8

258.4
130.3

238.9
124.3

297.7
136.2

292.4
125.4

317.0
134 7

296.6
119 2

275.3 ' 286. 4
142 7 ' 127. 3

272.5
133.4

2, 922. 1
79.5

2 995 9
79.4

258.4
100.5

247.8
80.8

239.1
76.0

271.2
79.7

291.5
83.1

230.1
69.6

245.0
73.2

239.4
64.9

261.5
69. 7

230.8
74.8

234.6 ' 241. 5
79.4 '84.8

218.3
76.4

2, 114. 1 2 140.9
59 9
49 1

192.7
62.1

177.5
65.3

170.8
62 3

161.5
58.0

160.9
62.2

162.3
52.6

168.0
52.8

168.0
50.1

199.7
56.3

179.6
45.8

196.6
49 1

r 214. 9

'51.2

175.1
60.3

.256

.256

256

.256

.256

.256

.256

.256

.256

256

3

257

.077

.078

FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats:A
Tallow, edible:
Production (quantities rendered)
mil Ib
Consumption in end products
do
Stocks, end of period i
._
do
Tallow and grease (except wool), inedible:
Production (Quantities rendered)
do
Consumption in end products
do
Stocks, end of period f
. _.
_do_
Fish and marine mammal oils:
Production.
_
_ _
do
Consumption in end products
do
Stocks end of period f
do
Vegetable oils and related products:
Coconut oil:
Production* Crude
mil Ib
Refined
do
Consumption in end products
do
Stocks crude and ref end of period If
do
Imports
do
Corn oil:
Production: Crude_-.do-_Refined
do.._

577.8
525 1
73.2

539.1
517 3
49.6

46.5
43 0
81.5

46.0
42.9
84.9

41.0
42 8
76.0

49.5
42.5
72.5

44.4
40.6
69.8

41.8
40.5
59.6

44.9
53.2
47.5

44.5
47.2
39.3

48.1
45.1
40.9

45.5
46.3
42.7

40.6
34 6
49.6

M6.2
P
39. 7
'50.1

45.8
43.1
53.7

4 753 0
2 402 4
'424/6

4 745 2
2 478 0
358.5

381 9
189 9
439.5

387.5
209 1
438.1

379 4
198 7
428.1

426.1
225 3
440.1

398.1
214 1
407.1

398.5
205.0
420.3

397.5
210.1
400.0

390.2
211.7
376.9

431 9
223 0
386.7

377 1
193 8
376.0

362 0
192 0
358.5

'409.1
r 217 6

' 421. 6

378.7
205.0
427.1

118.4
73.0
146.3

170.8
69.9
155 8

.6
6.1
119.2

1.1
6.2
110.5

4.0
6.3
113 1

10.8
6.5
119. 7

21.0
5.7
145.8

36.2
6.5
163.0

30.9
5.5
177.8

26.3
5.8
188. i

20.4
5.2
178.8

12.1
5.5
159.2

6.5
4.6
155.8

'.9
4.9
' 155. 4

.7
6.5
122.2

2 350. 5
565.1
766 1
133 6
2 523. 0

392.1
550.9
730 7
197 1
442.8

20.9
45.8
56 6
142 8
59.6

18.8
47.6
64.7
114.4
20.3

39.9
48.2
68 9
95 9
16.9

41.1
44.3
67 9
108 8
34.2

37.7
46.0
57.8
129.0
35.7

30.9
41.9
54.2
145.2
40.5

34.9
51.4
61.1
152.8
16.1

34.0
44.]
57.2
130.2
30.7

27.5
48.1
65 6
132.9
41.0

41.7
44.9
61 5
172.0
17.5

31.3
32.4
"34.2 '45.2
54 1 '58.6
197 1 ' 187. 6
152.3
14.6

28.8
46.4
58.9
178.2

444.0
418.1
420 6
37.' 7

452.8
429.6
439 6
40!5

37.6
36.5
36 2
34ll

38.5
35.5
30 6
39.8

39.0
35.2
35 6
44^9

34.4
36.6
33.4
38.8
39.5
37.7
40.7
41.4
37.8 '38.0
31.9
38.3
33.6
37.8
34.3
36.3
35.2
31.8
38.8 '33.8
33.5
37.4
39.5
36.5
40 9
40 2
31.1
37 3
36 2 r 34 1
41.1
51.2
49.2
43.5
39.0
50!l
39.7
47.9
40.5 '43.3
OCases of 30 dozen.
d"Bags of 132.276 Ib.
§ Monthly data reflect cumulative revisions
for prior periods.
9 Includes data not shown separately; see also note " §".
AFor data
on lard, see p. S-28.
©Producers' and warehouse stocks.
IFFactory and warehouse

Stocks. crude and ref.. end of periodlL. "do...
'1 Revised.
* Preliminary.
«Corrected.
Beginning January 1968, data are not comparable with thosef or earlier
periods; prices are
bssed on minimum 80 percent A quality (instead of 60-79.9 percent
as rornerly). 2 Annual
3
total reflects revis'ons not distributed to the monthly data.
Beginning July 1967, prices
based on 1967 benchmark; 1967 average is for July-Dec, period. July 1967 price on old basis,
$0.631.




SURVEY OF CURRENT BUSINESS

S-30
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

| 1968

Annual

April 1960

Feb.

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

240.3
145.4

246.7
135.1

Jan.

Feb.

255.3
141.2

215 9
167 5

Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products— Continued
Cottonseed cake and meal:
Production
thous. sh. tons
Stocks (at oil mills), end of period
do _
Cottonseed oil:
Production' Crude
- mil. Ib .
Refined
-do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Exports (crude and refined)
do
Price, wholesale (drums; N.Y.).
$ per lb._

1, 574. 8
135.1

1,564.7
146.7

Linseed oil:
Production crude (raw)
mil Ib
Consumption in end products
. do
Stocks, crude and refined (factory and warehouse), end of period
mil. Ib
Price, wholesale (Minneapolis) . _. $ per Ib _
Soybean cake and meal:
Production
- _ -thous. sh. tons
Stocks (at oil mills) end of period
do
Soybean oil:
Production: Crude ._
- mil. lb_Refined
do
Consumption in end products
_ . -.do
Stocks, crude and refined (factory and warehouse) end of period
mil. Ib
Exports (crude and refined)
- _ do
Price, wholesale (refined; N.Y.)___ .__$ per Ib -

107.8
192.4

73.8
200.5

47.8
188.9

39.1
158.0

33.5
127.4

54.5
107.6

231.5
130.7

1,108.3
1,050.8
1,010.5

1,115.1
1,001.5,
909. 6

114.1
106.5
82.6

99.1
115.7
81.5

76.1
77.7
81.0

52.6
71.4
91.0

35.5
50.3
87.1

27.4
34.4
62.4

22.9
29.4
63.0

39.6
30.0
59.2

162.6
99.3
76.9

167.7
124.8
68.9

173.7
125.4
70.3

186. 2
'r 144. 3
70.3

165.9
124.6
66 1

252.1
172.1
2
.154

272.7
61.7

328.2
2.0
.154

324.7
3.6
.158

311.7

201.4

158.3

118.7

98.7

153.2

.184

.193

.175

.134

272.7
9.5

370 2

.183

3.9

213.5
12.0
.140

r

.160

262.9
.8
.185

370.6
209.8

306.6
195. 6

28.5
17.9

25.8
15.0

23.4
17.3

24.3
17.9

23.2
18.3

9.9
17.2

22.0
17.3

31.6
16.8

35.4
17.3

29.9
14.1

25.0
11.9

213.3
. 129

157.2

223.0
.132

219.3
.132

216.2
.132

205.0
.132

200.9
.132

179.2
.132

163.6
.126

162.2
.119

164.7
.119

168.6
.119

157.2

13,359.2 13, 468. 4
149. 2
199.8

1,132.6
158.5

1,124.1
196.3

1,028.9 1, 128. 2
150.8
123.8

1,098.9
151.6

1,102.1 1,022.7
136.0
100.5

893.4
95.4

8.4

5.4

7.4

.8

3.3

342. 4

2.6

r

30.4
'13.3

26 4
15.1

152. 8

156 3

1,257.3 1, 281. 4 1, 207. 1 1, 139. 9 1, 033. 1
111.5
112.5
149.2
174.4
170 5

6,149. 9
5, 072. 8
5, 202. 7

6, 149. 6
5, 227. 9
5, 401. 6

510.4
457.7
450.8

510.9
431.9
448.5

472.8
424.2
428.0

520.5
447.1
448.1

507.5
425.2
457.0

507.6
392.6
413.3

477.6
427.1
444.9

408.6
444.4
457.0

578.8
446.7
496.0

584.1
439.5
442.1

544.6
462.4
467.8

r 524. 2
' 460. 1
r
489. 0

477.0
452.6
432.3

663.2
i 912. 3
.120

588.6
823.4

695.0
68.4
.132

711.5
80.9
.115

747.0
41.4
.106

745.6
48.0
.107

705.0
119.2
.098

743.2
46.2
.092

695. 7
29.7
.092

539.9
124.2
.093

541.4
67.2
.092

562.6
56.4
.099

588.6
111.5

r

507 9

44, 792
22, 179

5,312
28, 806
20, 361

36, 934
22, 830

43, 727
16, 680

4,858
45, 614
17, 824

43, 696
18, 427

63, 939
18, 335

4,937
73, 366
16, 656

38, 781
18, 990

71, 322
13, 874

5,179
63,643
15, 215

8,144
20, 490

4,040
46, 362

4,144
41, 839

3,954
40, 015

4,923
47, 305

4,659
43, 407

4,788
44,093
532
1,810

5, 243
48, 947

5,470
44, 159

4,312
35 161

3,122
45 580

5, 179
598, 916
217, 708

Manufactured:
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
__ _
Taxable
Cigars (large), taxable
Exports, cigarettes
-

53, 846
523, 007
6,759
26, 510

r

140.2
170.6

T

TOBACCO
Leaf:
3
1, 968
Production (crop estimate)
mil. Ib
Stocks, dealers' and manufacturers' end of period
mil Ib
5,486
571, 559
Exports, incl scrap and stems
thous. Ib
1 197, 109
Imports, incl. scrap and stems _. _ ... __do

.millions
do
do
_ millions

161.6
168.1

3

48, 971
527, 800
6,846
23, 652

525. 8
58.9

1, 716

531

1, 940

536

1,490

569
2,298

641
2,244

535
2,455

558
3,329

4,478
50,083
682
1,579

4,350
40 654

616
3,088

8,753
190
816

11, 724

10, 937

13, 737

13, 456

10, 721

1,302

1,180

1,235

1,185

1,153

8,983
79
975

8,852
100
897

5,900
2 214

6,300
2 359
344

5,200
1 475
330

3,700
915
369

3,300
658
274

2,000
693
73

4,200
617
178

.625
.118

.121

299

602
2,089

400
2,589

484
705

3,009
41 538

498

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9._
_
_ thous. $
127, 893
Calf and kip skins.
_._
thous. skins. _
2,626
Cattle hides
_
thous. hides
11, 987
Imports:
Value, total 9. _. _
Sheep and lamb skins
Goat and kid skins

._ _.

.thous. $ _
thous pieces
do

Prices, wholesale, f.o.b. shipping point:
Calfskins packer, heavy 9H/15 Ib
Hides, steer, heavy, native, over 53 ib

$ per Ib
do

128, 679
2,212
12, 636

9,723
211
983

4,850
177
1,043

9,644
289
902

10, 152

9,281

1,022

1,018

78, 400
30 912
5 203

7,900
3 413

8,300
4 037

418

8,200
3 349
572

8 700
3 659

419

7,300
3,034
483

7,200
3 469

.480
.093

530
120

480
.113

500
123

.550
.113

.108

. 110

575

.625
.114

4,247
24 032
6 764
31,413

340
2,073
539
2,691

1,990

436

1,616

442
2,225

390
2,094
496
2,821

1, 895

573
2,560

700

2,651

678
2,443

1,909

2,910

392
2,002
466
2,554

359

2,181

2, 762

398
2,073
547
2,807

571
2,325

322
2,004
584
2,335

77 266

7 683

7 417

8 746

6 733

5 619

4 249

5 777

5 220

6 078

7 853

5 158

3 623

55, 670

61,300
36,044
7 109

460
. 120

734

238

212

352

550

111

295

130

163

158

625

LEATHER
Production:
Calf and whole kip
.thous. skins .
Cattle hide and side kip
thous. hides and kips
Goat and kid
thous skins
Sheep and lamb .
do

4,008
23, 394
8 456
28, 375

Exports:
Upper and lining leather

thous sq ft

71 769

Prices, wholesale, f.o.b. tannery:
Sole, bends, light
index, 1957-59=100
Upper, chrome calf, B and C grades
index, 1957-59-100

97 9

90. 5

90.5

90 5

98 0

98.0

95.0

95.0

96.5

96.5

96.5

92 8

88 2

89 0

88 8

88 4

88.8

94.2

94.2

95.9

95.9

95.9

LEATHER MANUFACTURES
Shoes and slippers:
Production, total t
thous pairs
Shoes, sandals, and play shoes, except athletic t
thous pairs
Slipperst
do
Athletic t
do
Other footwear t
do
Exports

_ .

do

Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
index, 1957-59 — 100
Women's oxfords, elk side upper, Goodyear
welt
index 1957-59—100
Women's pumps low-medium quality do
r
Revised.
1
Annual total
2

r

r

520

536

306

320

2,201

325
1,911

645,942

55 670

58, 067

56 075

56 299

49, 924

48 136

57,460

51,228

59 385

49,490 ' 47,564

495 380 f 529 461
95, 620 r 106,902
6,949 rr 7, 524
2 055
2 015

46418
8 443
628
181

48 457
8 760

45 664
9 535

45 601
9 875

40, 281
8,809

46, 710
9,933

41 387
9,057

47 459
11 057

619
204

641
193

40 504
7 072

39,356 ' 39,935 47, 331
7,533
9,316 •• 6, 859
••642
663
663
155
143
' 128

178

244

232

185

165

156

193

737

213

195

1" ()

125 7

125 7

128 7

128 7

128.7

128.7

128.7

131.3

134.2

135.4

113 1
125 8

113 7
132 3

116 6
132 4

120 0
133 2

120 0
132 9

120.0
133.1

120 0
133.0

120.0
132.9

120.0
135.5

120.0
138.0

120.0
138.0

599, 964

2 217

2 884

reflects revisions
not distributed to the monthly data.
3
Average for 11 months.
Crop estimate for the year.




341

124

654
196

683
193

428
132

641
176

626
158

697
172

9Includes data for items not shown separately.
tRevisions for Jan. 1965-July 1967 will be shown later.

242

143

3,090

132

204 6
162.7

1 245.8
144 4

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

Annual

S-31
1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Forest Products Association:
Production, total
mil. bd. ft-_ 35, 275
7,401
Hardwoods
do
Softwoods ..
_ . do -. 27, 874
Shipments, totaL
Hard woo d3
Softwoods

.

37, 069
6,935
30, 134

2,845
504
2,341

3,137
581
2,556

3,278
602
2,676

3,281
596
2,685

3,108
630
2,478

3,140
592
2,548

3,211
611
2,600

3. 183
582
2,601

3,364
605
2,759

2,970
614
2,356

2,813
509
2,304

2,937
581
2,356

2,993
586
2,407

.-do .
do
do _-

35, 777
7,603
28, 174

38, 021
7,731
30, 290

2,980
637
2,343

3,252
710
2, 542

3,414
686
2,728

3,426
666
2,760

3,196
654
2,542

3,253
608
2,645

3,312
621
2,691

3,194
637
2,557

3,434
637
2,797

3,041
687
2,354

2,787
575
2,212

2,976
694
2,282

3,051
719
2,332

Stocks (gross) , mill, end of period, total, do _
Hardwoods
_.
_ do_ _
Softwoods
do

5,744
1,377
' 4, 367

5,086
914
4,172

5,690
1,252
4,438

5,632
1,183
4,449

5,504
1,115
4,389

5,380
1,051
4,329

5,322
1,041
4,281

5,279
1,038
4,241

5,194
1,034
4,160

fj, 196
995
4,201

5,094
975
4,119

5, 030
934
4,096

5,086
914
4,172

5,113
879
4,234

5,118
824
4,294

1,112
4,987

1,143
6,087

108
418

107
407

110
476

104
439

81
517

100
610

94
560

81
526

90
685

82
519

84
524

72
353

73
490

8,222
579

9,047
822

808
725

783
755

758
727

724
651

858
734

795
752

666
645

790
742

726
662

674
657

755
822

755
898

530
809

8,046
8,129
957

8,802
8,804
955

726
703
1,035

762
753
1,044

801
786
1,059

799
800
1,058

747
775
1,030

716
777
969

723
773
919

721
693
947

774
806
915

671
679
907

638
590
955

663
679
956

664
619
1,001

388
113
275

403
102
301

32
9
23

39
14
25

43
10
33

34
9
25

31
7
24

36
10
26

32
8
24

29
6
23

31
7
24

27
6
21

33
6
27

24
8
16

32
8
24

85.54

98.62

105. 88

103. 56

103. 84

104. 66

108. 46

111.01

112. 36

113. 06

113. 06

169. 99

164. 54

165. 24

164. 71

163. 31

163. 31

163. 31

163.31

165. 94

169. 33

169. 33

_ . -._

Exports, total sawmill products
Imports, total sawmill products _

do
do

SOFTWOODS
Douglas fir:
Orders, new
_ __ _ _ _
Orders, unfilled, end of period

- mil. bd. ft
...do _.

Production
Shipments
Stocks (gross), mill, end of period _

do
do
do

Exports, total sawmill products
Sawed timber
.__
Boards, planks, scantlings, etc

do
do
do ._

Prices, wholesale:
Dimension, construction, dried, 1" x 4", R. L.
$per M bd. ft_.
Flooring, C and better, F. G., 1" x 4", R, L.
$perM bd.ft__
Southern pine:
Orders, new
Orders, unfilled, end of period

mil bd ft
do

Production
do
Shipments
_
do
Stocks (gross), mill and concentration yards, end
of period
mil bd ft
Exports, total sawmill products

M bd. ft-_

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
_ _ _ _
_
Orders, unfilled, end of period

mil. bd ft
do

Production
Shipments

.

do
do

Stocks (gross), mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R. L. (6' and over)
$ per M bd. ft_.

6,381
307

7,145
422

579
356

586
358

620
388

598
356

562
368

596
375

596
367

621
390

647
369

629
391

589
422

648
408

724
487

6,415
6,348

6,870
7,030

521
551

568
584

575
590

591
630

548
550

590
589

579
604

559
598

645
668

596
607

579
558

681
662

634
645

1,297

1,137

1,285

1,269

1,254

1,215

1,213

1,214

1,189

1,150

1,127

1,116

1,137

1,156

1,145

87, 436

90,477

6,965

7,428

6,716

9,658

6,529

7,649

7,538

7,790

5,536

5,222

10, 772

621

1,064

103 4

111.2

114.0

116.0

117.7

118.6

119.5

120.8

121.8

123.5

126.3

106.0

109.2

110.7

111.6

112.7

112.7

113.7

114.5

114.7

114.8

115.5

10, 531
557

10, 881
539

869
659

880
642

1,040
666

920
582

939
624

994
640

946
608

985
616

1,006
615

789
600

757
539

748
616

731
564

10, 180
10, 401

10, 851
10,900

801
817

920
897

968
1,016

983
1,004

888
897

955
978

988
978

1,015
977

1,003
1,008

804
804

812
818

702
671

807
783

1,445

1,396

1,396

1,426

1,450

71.95

1,437

1,460

1,412

1,391

1,382

1,359

1,369

1,407

1,402

1,402

71.86

75.90

87.26

92.16

88.72

87.67

89.03

89.99

94.11

98.64

HARDWOOD FLOORING

Oak:
Orders, new
_ _ _ _
Orders, unfilled, end of period

mil. bd. ft
do

Production
_ _._
Shipments
Stocks (gross), mill, end of period

do
do
do

547.0
20.1

496.5
23.9

50.3
26.4

44.6
27.3

39.2
25.8

41.2
21.4

34.4
18.9

39 2
19! 1

45.1
20.7

47.0
25.6

45.3
26.1

36.2
25.7

32.1
23.9

38.6
25.8

34.1
24.6

551.2
552.2
57.9

459.3
485.1
23.5

40.3
43.1
53.9

41.1
43.7
51.3

41.6
40.5
52.4

43.4
44.3
51.0

38.2
37.2
49.2

33.4
38.2
44.0

38.3
43.0
38.5

34.6
40.5
30.5

41.4
44.8
27.1

34.4
36.1
25.3

31.4
33.0
23.5

38.6
36.7
25.4

32.6
33.3
25.4

METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products.. _
_
thous. sh. tons
Scrap
do
Pig iron
do
Imports:
Steel mill products
Scrap
Pig iron _

do
do
do

1,685
7,635
7

2,170
6,572
11

104
355
1

110
527
1

137
420
1

132
502
1

120
501
1

142
479
1

176
624
1

269
764
1

207
539
1

306
801
2

327
576
1

132
282
1

173
233
0)

11, 455
286
2631

17, 960
327
799

1,058
26
14

1,241
27
64

1,480
30
31

1,770
36
63

1,507
31
71

1,505
30
81

2,138
16
92

1,698
17
124

1,485
24
99

1,550
19
72

1,425
38
73

510
24
8

568
25
6

4,702
3,709
7,777
7,672

5,017
3,799
8,232
7,772

5,009
3,568
8,024
7,889

5,259
3,746
8,342
8,113

4.785
3,411
7,577
8,225

4,730
3,022
7,128
8,385

3,830
2,560
5,934
8,414

3,506
2,641
5,787
8,340

3,905
3,105
6,610
8,288

3,823
3,044
6,723
7,987

30.32
34.00

28.17
31.00

26.30
28.50

24.48
26.00

22.85
24.00

22.59
24.00

22.40
24.00

23.01
25.00

22.74
25.00

24.00
25.00

Iron and Steel Scrap
Production
Receipts
Consumption.
Stocks, consumers', end of period

thous. sh. tons.. 52, 312
do
2 32, 654
do
85, 361
do
7,793

Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig ton
Pittsburgh district
_ _
do
r

3 27 51
27.00
2

Revised.
* Preliminary.
1 Less 3 than 500 tons.
Annual total reflects revisions
not distributed to the monthly data.
For Feb.-Dec. 1967.




Mar.

April 1969

SURVEY OF CURRENT BUSINESS

S-32
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

|

Feb.

Annual

1969

1968

1968

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Ore

Iron ore (operations in all U.S. districts):
Shipments from mines
Imports

do
do

U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
_ do_
Consumption at iron and steel plants
do
Exports
do
Stocks total end of period
At mines
At furnace yards
At U.S. docks
IManganese (mn content) general imports

do
do-._
do__ _
do
do

1 84, 179
1 83,016
144,627

85, 860
83, 441
43, 941

5,182
2,035
1,725

5,476
2,140
2,031

6,697
6,881
2,859

9,492
11,210
5, 243

9,582
11, 075
4,650

9,459
11,737
4,591

9,098
10, 411
4,555

8,514
8,760
5,082

6,918
8,418
4,742

5,255
5,929
3,114

4,898
2,836
2,958

5,230
2220
1,402

1,673

119, 435
118, 982
5,944

118, 581
120, 449
5,937

3,674
10, 746
321

3,920
11, 562
385

8,787
11,457
625

15, 437
11, 770
570

15, 189
11, 152
458

15, 325
11,012
500

13,915
8,519
493

12,904
7,343
593

12,200
7,798
698

7,737
8,358
522

5,799
9,483
426

3,380
10, 145
306

3,291
9,881
328

71, 238
13, 130
55, 121
2,987

71,649
15, 620
53, 232
2,797

62, 159
19, 435
40, 471
2,253

57, 287
22, 771
32, 813
1,703

54, 323
22, 586
30, 130
1,607

56, 113
20, 866
33, 798
1,449

58, 708
19, 374
37,880
1,454

61,054
17,095
42, 195
1,764

65, 413
15, 782
47, 591
2,040

71, 113
15, 536
53, 153
2,424

74,491
14, 230
57, 554
2,707

73, 296
13, 556
56, 934
2,806

71,649
15, 620
53, 232
2,797

67,838
18,801
46, 534
2,503

2,019

1,086

953

87

116

82

72

68

61

92

103

28

52

83

92

40

88,780

7,841
8,139

8,476
8,658

8,443
8,568

8,706
8,650

8,244
8,220

8,021
7,957

6,333
6,376

5,481
5,666

5,916
6,039

6,218
6,288

7,020

7,296

7,225

62.70

Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons__ i 86,984
Consumption
do
87,371
Stocks (consumers' and suppliers'), end of period
thous. sh. tons-_
2,842
Prices:
Composite
$ per Ig. ton__
62.70
Basic (furnace)
.
do
63.00
Foundry, No. 2, Northern
__do_. .
63.50
Castings, gray iron:
Orders, unfilled, for sale, end of period
thous. sh. tons-913
Shipments, total
do
14, 329
Forsale
._do-_
8,128
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh.tons__
120
Shipments, total. _
__do
1,041
Forsale
_.do
614

2,523

2,425

2,439

2,514

2,549

2,641

2,644

2,584

2,456

2,386

62.70

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70
63.00
63.50

62.70

62.70

-•923
' 8, 747

979
1,283
693

1,010
1,360
770

1,026
1,352
802

1,031
1,455
835

986
1,291
774

965
1,144
703

909
1,184
723

899
1,223
747

886
1,307
768

875
1,187
675

'923
' 1, 099
••607

1,017
1,278
685

'137
' 1, 102
••588

122
85
42

123
91
48

117
94
50

112
102
55

113
91
48

120
79
44

122
79
46

131
88
49

116
102
56

130
93
46

'137
'107
'51

123
114
59

12,721
154.2

12,450
155.9

12,700
153.9

11,906
149.1

11, 452
138.8

8,956
108.6

8,086
101.3

9,006
109.2

9,590
120.1

10,421
126.3

11,083
134.3

307
157
128

300
153
125

283
155
125

262
144
118

280
129
109

279
129
109

289
135
116

331
141
119

347
132
112

'371
'143
'123

397
161
140

7,901

8,752

9,035

9,718

9,492

10, 368

5,263

5,215

6,316

6,007

6,320

7,280

7,092

380
525
752
139

422
562
843
143

439
586
840
140

439
648
882
152

433
627
858
138

530
671
926
165

254
370
513
63

291
385
457
72

350
438
540
110

479
428
523
99

497
421
544
118

458
458
628
131

453
462
623
142

1,155
757
228
161
851
282
509
3,307
971
1,587

1,296
857
259
170
957
314
582
3,633
1,049
1,681

1,303
842
279
173
1,175
345
654
3,552
986
1,667

1,443
919
333
181
1,113
358
842
3,842
1,093
1,778

1,348
875
288
177
1,077
343
882
3,786
1,089
1,726

1,521
963
376
173
1,113
361
960
4,121
1,264
1,830

887
477
279
123
666
205
320
1,984
616
787

818
444
251
116
520
210
544
1,919
530
789

965
551
267
137
600
252
770
2,293
685
943

937
559
239
131
626
239
334
2,343
723
985

904
547
221
126
657
222
310
2,649
941
1,054

1,096
699
222
166
749
249
504
3,006
897
1,379

1,052
678
213
152
732
239
497
2,892
914
1,294

2 1, 237
2815
2375
21,658

2 1, 244
2821
2353
2 1, 559

2286
2448
2561
2 1, 820

' 15, 071

62.70

Steel, Raw and Semifinished
Steel (raw):
Production..
thous. sh. tons__ i 127,213 '1131,462
11, 795
1
Index
daily average 1957-59=100
131.0 ' 135. 0
152.8
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons__
'371
293
318
Shipments, total
__
do
' 1, 731
1,857
154
For sale, total
_ _ d o_
' 1, 437
1,556
126

10, 915 p 12, 385
' 146. 5 v 150. 2

Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous. sh. tons.. 183,897 i 91, 856
By product:
4,061
Semifinished products. __
__do
4,821
6,133
Structural shapes (heavy), steel piling do
6,149
7,948
Plates
_.
do
8,401
1,434
Rails and accessories
do
1,462
Bars and tool steel, total
do
Bars: Hot rolled (incl. light shapes)
do
Reinforcing
_.. _ _ _ do
Cold
finished
do
Pipe and tubing
do
Wire and wire products_
do
Tin mill products..__do
Sheets and strip find, electrical), total... do
Sheets: Hot rolled
do
Cold rolled
__do

13,053
7,961
3,249
1,733
8,969
3,133
6,591
32, 574
9,312
14, 709

13,660
8,497
3,241
1,815
10, 078
3, 393
7,267
36, 624
10, 782
16, 336

i 14, 863
i 11, 375
i 4, 582
i 16, 488

i 16, 099
i 12, 195
* 4, 922
i 19, 269

4,110
3,111
1,233
5,650

4,811
3,849
1, 570
6,108

3,748
3,030
3,962

3,283
2,279
953
3,642

i 3, 225
i 4, 994
i 7, 255
i 21, 115

4 3 , 048
15,469
17,902
i 22, 952

871

898

593
1,174
1,949
7,168

707
1,028
1,493
5,259

2310
2457
2561
2 1,868

Steel mill products, inventories, end of period:
Consumers' (manufacturers only) --mil. sh. tons_Receipts during period.
do
Consumption during period .
do

9.1
62.5
63.5

10.5
70.1
68.7

11.0
4.7
5.7

10.5
4.8
5.3

' 10.0
'5.6
6.1

Service centers (warehouses)
do
Producing mills:
In process (ingots, semifinished, etc.)
do__ Finished (sheets, plates, bars, pipe, etc.) -do

5.6

'6.3

5.5

5.4

6.0

5.8

5.7

5.9

6.4

6.1

5.9

5.9

'6.3

v 6.2

12.5
9.6

9.9
9.0

12.0
10.4

11.7
10.5

11.5
10.1

10.6
10.0

10.1
9.0

9.1
7.0

9.8
7.7

9.6
7.9

9.3
8.0

9.5
8.3

9.9
9.0

10.1
'9.2

.0865
.0865
.0865
.0865
.0850
.0865
Steel (carbon), finished, composite price.. .$ per lb..
.0873
2
' Revised.
* Preliminary.
»Annual total; monthly revisions are not available.
For month shown.

.0865

.0882

.0900

.0897

.0871

.0872

By market (quarterly shipments) :
Service centers and distributors
Construction, incl. maintenance . __
Contractors' products
Automotive

do
_ do
do _
do

Rail transportation
do
Machinery, industrial equip., tools
do
Containers, packaging, ship, materials. _. do
Other
do




1 7qn
2,594
6,685

1,873
5,987

10.1
6.0
5.5

10.5
6.2
5.8

11.4
6.7
5.8

12.2
7.2
6.4

13.1
6.9
6.0

15.0
7.0
5.1

14.7
5.0
5.3

13.3
4.3
5.7

12.0
5.2
6.5

P

9.9
*>5.6
^5.7

MO.
2
p
9.4

.0928

.0928

April 1969

SURVEY OF CURRE NT BUSINESS

Unless otherwise stated, statistics through 1966
and descrintive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

1968

Annual

S-33

1968
Feb.

Mar.

Apr.

M ay

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

300.1
313.6
71.0 ' 77.0

Jan.

Feb.

Mar.

METALS AND MANUFACTURES—Continued
1

NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous sh. tons
Recovery from scrap (aluminum content) do
Imports (general):
Metal and alloys crude
Plates, sheets etc
TCyports metal and alloys crude

do
_do__ _
do

Stocks, primary (at reduction plants), end of
period
thous. sh. tons
Price, primary ingot, 99.5% minimum.__$ per lb..
Aluminum shipments:
Ingot and mill products (net)
Mill products total
Plate and sheet (excluding foil)
Castings

mil Ib
do
do
do

Copper:
Production:
Miine recoverable copper
thous sh tons
Refinery, primary
do
From domestic ores
do
From foreign ores
do
Secondary recovered as refined
do
Imports (general):
Refined unrefined scrap (copper cont ) do
Refined
do
Exports:
Refined and scrap
do
Refined
do
Consumption refined (by mills etc )
Stocks refined end of period
Fabricators'
Price bars electrolytic (N Y )

do
do
do
$ per Ib

Copper-base mill and foundry products, shipments
(quarterly total) :
Copper mill (brass mill) products
mil Ib
Copper wire mill products (copper cont ) do
Lead: A
Production:
M^ine recoverable lead
thous sh tons
Recovered from scrap (lead cont )
do
Imports (general) ore (lead cont ) metal
Consumption total

do
do

Stocks, end of period:
Producers', ore, base bullion, and in process
(lead content) AB1VIS
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous sh tons
Consumers' (lead content) cf
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous sh tons
Price common grade (N Y )
$ per Ib
rin:A
Imports (for consumption) :
Ore (tin content)
Bars, pigs etc
Recovery from scrap total (tin cont )
As metal
Consumption, pig, total
Primary

Ig tons
do
do
do
do
do

875.0

267.1
72.0

288.3
78.0

280.3
78.0

289.0
81.0

218.5
68.0

226.0
61.0

246.5
70.0

269.0
69.0

293.4
78.0

291.6
76.0

* 685. 2
61.8
180.3

44.7
4.1
13.7

89.6
4.4
12.3

69.6
5.4
15.5

58.4
5.3
15.4

74.4
4.7
13.4

61.2
5.9
11.9

40.3
7.1
13.1

52.5
4.6
20.4

49.7
5.3
16.7

38.4
5.5
18.1

51.8
4.7
16.4

30.5
1.4
11.6

45.1
4.8
7.9

.2557

187.7
.2500

161.2
.2500

113.4
.2500

97.4
.2500

109.3
.2585

114.2
.2600

91.2
.2600

93.9
.2600

99.2
.2600

99.4
.2600

70.9
.2600

64.6
.2655

.2700

8, 836. 9 '10,001.8
6, 350. 6 '7, 219. 9
2, 868. 1 '3,411.2
1, 534. 7 1, 568. 3

796.1
593.9
282.4
139.4

937.9
649.4
313.2
137.6

957.0 1,069.6
797.7
688.5
414.6
348.7
132.7
138.8

695.4
489.0
209.5
121.6

696.6
516.4
227.8
101.2

750.6
550.4
253.1
120.5

780.5
564.6
256.0
125.4

840.6
626.5
285.6
145.8

807.7 r 853. 9
584.5 ' 575. 8
269.2 f 270. 8
135.0
133.4

882.8
641.1
309.1
156. 5

1, 199. 3
1, 437. 4
1, 160. 9

28.0
16.1

41.0
29.2

110.9
96.0

276.5
400.9

24.9

37.8

36.4

125.5
139.0
111.8
27.2
44.7

124.6
150.5
121.4
29.1
38.1

123.5
158.4
129.8
28.6
33.5

127.8
168.8
136.9
31.9
31.4

120.5
153. 4
128.6
24.8
32.0

127.8
181.0
151.0
30.0
32.6

122.9
165.2
139.4
25.9
33.7

123.9
162.0
131.5
30.5
34.7

120.9
154.0
131.4
22.6
37.5

118.3
131.2
115.4
15.8
32.0

3. 269. 3
i 820. 0

450.5

56.3

209.0

218.9

.2498

954 1
1, 133. 0

846.6
286.4
394.5

3, 255. 0

70.9

328.3

405.4

716 7

86 3
74.1

88.4
74.3

111.5
73.5

56.9
33.5

50.5
24.2

27.9
8.4

53.1
13.3

43.0
8.2

29.8
5.5

35.5
7.2

34.5
4.7

11.7
8.3

37.4
6.4

241.8
159.4

360.8
240.7

12.6
1.1

17.2
2.2

19.4
5.4

29.8
19.8

37.0
30.4

40.4
31.3

42.9
31.8

52.6
39.9

35.0
25.4

35.2
28.1

29.2
23.0

15.8
13.0

18.2
14.6

1, 948. 2
169.5
114.1

1,876.4

2. 3823

' 171.5
' 114. 9
5
. 4185

96.4
159.2
100.9

107.8
172.4
103.8

162.3
183.2
129.9
.4219

172.9
205.6
139.4
.4207

195.4
190.2
132.1
.4210

130.0
219.2
166.1
.4171

168.8
214.8
159.6
.4170

187.8
199.8
148.9
.4172

203.7
175.2
130.9
.4171

2 595
2 356

2 757
2 364

316 9
553 8

' *550. 0

22.2
49.6

22 0
51.2

25 3
48.9

28.7
47.8

26.9
42.2

28.6
37.5

31.0
44.6

29.3
46.4

42.1
50.4

37.9
48.0

37.9
44.4

36.4
49.9

488.4

39 3
424 6
1 319 1 105 1

43.8
106 2

38 7
107 1

37.8
112 1

30.3
104 8

35.8
93 3

27.6
110.1

36.7
113 5

30.3
130.6

32.3
115.4

28.1
112 1

19.1
115.0

146 8

158 8

156.8

153.9

147.5

148.6

152.8

155.2

157.7

157.1

153.2

146.8

139.4

15.1
83 8

14.0
86.1

13.2
99.4

15.5
105.2

18.2
106.9

21.0
102.5

29.4
116.1

29,6
105.1

22.3
100.8

19.5
84.0

15.2
83.8

15.1
'83.8

14.1
82.4

644.1

966

1

1 260 5

160 2
4
4

23. 4
105 8

4

58 0
1400

3 255
49, 924
!22 667

^3,176

80, 638
57 848

2 509
Exports incl reexports (metal)
do
18 662
Stocks pig (industrial) end of period
do
Price, pig, Straits (N.Y.), prompt....". J$ "per lb~~ 1.5340

Zinc:A
Mine production, recoverable zinc

968

354 2

r

675
595
250

624
580
257

179.6
162.0 •-P179.
6
165.2
171.5 rv 187. 6
112.7 '114.9 'P118.4
.4171
.4350
.4171

688
559
222

58.2
.1400

58.9
1400

56.8
1400

50.6
.1304

50.9
. 1300

55.5
.1270

53.1
.1250

50.9
.1250

50.1
.1279

48.1
.1300

266
358
816
976
969
144

784
5, 145
1,616
241
6,775
4,965

49
3,895
1 655
245
7,010
4,925

417
4,928
2,015
225
7,285
5,115

3,667
2,315
280
7,685
5,295

o

702
5,088
2,040
235
7,090
5 085

458
3,561
1,765
235
6,305
4,540

771
3,868
1,770
255
6,270
4,290

6,847
2,060
250
6,660
4,650

o

0
4,359
2,165
245
7,510
5,070

0
6,302
1,930
255
6,495
4,555

85
4,226
1,765
235
6,485
4,470

7,030
4,810

5 027
18 177
1. 4811

303
17 515
1. 4563

969
18 385
1. 4562

888
197
18 910 18 480
1. 4521 1.4330

247
16 520
1.4165

109
16 945
1.4148

84
15 680
1.4185

211
18 145
1. 4804

564
16 360
1. 5107

805
16 270
1. 6214

460
18 177
1. 6346

110
14 990
1. 6250

3
57
22
2
82
58

54. 5
.1300

55.4
.1341

o

2,396

549 4

526 4

42 0

41 7

43 7

45 3

44 7

43 o

46 9

44.4

44.2

43 9

43 8

41.5

Imports (general) :
Ores (zinc content)
Metal (slab blocks)

do
do

534 1
221 4

546 4
305 5

33 7
30 8

47.8
35 8

30.2
31.1

43.5
24.0

45.0
17 2

50.8
20.2

53.9
22.9

51.1
14.9

41.1
24.4

54.9
23.6

44.1
31 2

48.8
16.7

Consumption (recoverable zinc content):
Ores
Scrap, all types

do
do

1 114 3
i 240 9

118 7
236 2

8.8
18.9

8.6
19.1

8.8
19.8

10.1
19.7

9.8
20.5

9.2
19.7

9.5
19.4

10.9
19.9

10.7
19.8

11.4
19.9

10.5
19.3

10.8
19.0

938 8

1 009.3

64.5
58
104 o
5.7

68.1
61
108 2
6.3

85.0
6.0
110 7
11.6

95.5
64
120 7
2.5

92.4
5.5
115 2
1.0

87.1
5.8
104 7
.1

87.8
6.1
104 7
(3)

86.7
7.0
108 8
2.3

89.5
6.3
123 7
1.6

91.9
6.5
116 7
3
()

91.4
6.0
108 9
1.3

94.0
6.1
119 1
(3)

81.9
102.5

67.4

••96.3

1384

l.W)

66.4
94.2
. 1350

62.9
89.9
. 1350

64.8
93.3
. 1350

70.4
84.7
. 1350
.1350
cf Consumers'
scrap.
O Producers'

Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous sh tons
Secondary (redistilled) production
do
Exports
Stocks, end of period:
Producers', at smelter (AZI)O
Consumers'

do
do
do

Prir.p Primp Wpst.pm fTT!n<!t. St. T,rmi«j^ <fc r»pr lh

r

J

i 73 5
74 0
1 236 8 1 338 6
' 16.8
33 0

Revised.
v Preliminary.
i Annual total; 4 monthly revisions are not available.
2
Jan.-Aug. average.
3 Less than 50 tons.
Reported yearend stocks. See BUSINESS
5
STATISTICS note.
Average for Apr.-Dec.
« Corrected.
AData reflect sales from the Government stockpile.




65.4
88.0

P173. 7
»179. 1
P105. 2
.4383

770
630
239

r

r 54 5
1321

.2700

26.3

.1400
0
6,524

198
1. 6518

1. 5552

43.6
22.7

(3)

82.2
48.8
42.7
84.4
70.3
50.9
67.4
78.8
67.6
78.9
97.5
74.0
85.2
89.1
73.9 '96.3
. 1350 .1350
.1350
.1350
. 1350 . 1350
.1384
.1400
and secondary smelters' lead stocks in refinery shapes and in copper-base

stocks elsewhere, end of Mar. 1969, 11,300 tons.

SURVEY OF CURKENT BUSINESS

S-34
Unless otherwise stated, statistics through 1966
and descriotive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

April 1969
1969

1968

1968
Feb.

Annual

May

Apr.

Mar.

June

Oct.

Sept.

Aug.

July

Nov.

Dec.

Jan.

Feb.

Mar.

METALS AND MANUFACTURES—Continued
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast-iron
mil so ft radiation
Nonferrous
do
Oil burners:
Shipments
thous
Stocks end of period
do
Ranges, gas, domestic cooking (incl. free-standing,
set-in, high-oven ranges, and built-in oven
broilers), shipments
thous
Top burner sections (4-burner equiv ) ship do
Stoves domestic heating shipments total
do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments, totalthous
Gas
do
Water heaters gas shipments
do

6 4
79 2

6
7.3

.7
7.7

4
5.5

55

.4
6.5

.4
4.9

8 6

677 7
29. 5

51 5
30 2

42 2
32.1

51.3
33.2

43 0
36 4

55 8
34 2

43.3
35.3

63 7
35 1

2 273 2
16 6

173 2
14 7

201.1
18 1

175.9
17 2

188 5
18 8

192 5
19 7

153.7
14 8

i ] 346 g r\ 362 9
r
1920 0
968 5

60 3
33 0

79 5
48 9

85 8
53 7

100 5
73 2

98 6
77 0

,448 7 'I 727 1 108 7
1 145 7 '1 372 0
89 5
2 602 3 '2 707 5
236 0

125.0
103 1
210 4

122.0
102 0
241.5

114 0
94 2
216 8

i9 g
84 8

1513 2
3
53 9
12,084. 5
194 3

2

r

r

1
1
1

3

5

.7

.8

.4
6.4

.5
7.7

55.3
29.5

59.7
25.9

11.2

.5
7.7

73 7
28.4

82.6
27.3

68.3
27.0

191 5
17 8

211.2
19 5

217 0
18 4

201.0
16.7

202.8
16 6

129 4
102.1

139 4
105 4

174 9
125 1

197 7
144 4

143 7
108.7

r

127 2
102 8
209 5

139.9
114.1
193.2

149 6
113 3
218 1

183.1
137 2
209 4

230.4
177 3
282.7

r

r
r

76 7
52 3

73.3
42.6

174.2
134. 6
230.0

r
144. 7
fr 115 2
207. 6

150.5
124.6
248.0

MACH5NERY AND EQUIPMENT
Foundry

equipment (new), new orders, net
mo avg shipments 1957-59 — 100
Furnaces (industrial) and ovens, etc., new orders
(domestic), net, _
mil. $
Electric processing
do
Fuel-fired (exc. for hot rolling steel)
do
Material handling equipment (industrial):
Orders (new), index, seas adjcf
1957-59 — 100
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (internal combustion
engines), shipments
number
Machine tools:
Metal cutting type tools:f
Orders, new (net) total
Domestic
Shipments, total
Domestic
Order backlog, end of period
Metal forming type tools :f
Orders, new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of period

mil $
do
do
do
do
do
do
do
do
do

Other machinery and equip., qtrly. shipments:
Tractors used in construction:
Tracklaying, total
mil $
Wheel (contractors' off-highway)
do
Tractor shovel loaders (integral units only),
wheel and tracklaying types
mil $
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
Farm machines and equipment (selected types),
excl. tractors
mil $

300 5

270 3

275 2

380 5

210 4

196 2

197 3

406.6

247 8

177 4

219.1

307.0

355.6

503.2

325.1

140.7
1
12 3
1
71.6

U21.2
i 12 1
164.6

12.7

7
9.6

4.4
5
1.1

9.3
.9
5.6

10.4

8.5
8

7.7
.9
3.9

9.7
7
2.8

8.2
8
4.3

13.1

8.0
4.6

6.9
.8
3.9

12.0

1.0
9.0

9.2
1.7
4.0

218. 2

'231.0

' 233. 8

254.9

939

845

1,028

1,027

1,116
1,026

1,081
1,046

4,183

3,850

r

T

197 9

220. 4

196 5

' 236. 6

11 133
12 174

10 753
12 243

819
971

823

819

1,168

41 996

42 601

3 367

1 134 95 1 079 35
1, 024. 65
959 90
1, 353. 20 1, 358. 30
1 211 05 1 238 30
809 6
1 088 5
286 65
248 15
452 75
406 90
228 3

394 75
360 55
368 60
324 45
254 5

i 377 8
7 92 8

465 7
68 4

1 7 407 o

493 4
939 1

i 986 2

237. 3

9
4.6

T

230 4

4!o
r

182 0

270. 2

845

T

200 6

T

219. 2

891

r

1,139

907
807

1,007

1,055
1,089

3 824

3,770

3 093

3,600

4,123

3,473

3,349

93.30
86. 15
121.30
109. 60
942 6

97 75
81.85
127.60
11490
912 8

105. 65
94. 95
100.05
91. 35
918.4

79.75
74.95
88.95
82. 40
909 2

71.05
62.30
115.55
109.15
864 7

78.55
70.45
107. 75
100. 90
835.5

97.60
88.60
103. 55
96.50
829.6

98.55
130. 15
122. 65
809 6

22.50
18 15
29.10
25.50
188 7

28.80
25 70
34 30
28 55
183 2

29.75
27.30
26. 95
23.50
186.0

26.75
23.40
32. 90
30.40
179.9

22.75
20.90
26.90
24.95
175.7

56.35
54.10
32.90
29.15
199.2

80.20
76.70
26. 50
23.05
252. 9

39.55
33 90
37 95
33.75
254 5

r 36. 30
' 32. 75
r 28. 30
' 25. 85
262.5

109.6
16 5

M5.1

1,016

869
980

1 000
l'oi9

3 746

3,559

3 279

85 80
74.60
114. 90
104 65
1 032 0

94 15
84.90
139. 75
125 40
986 4

90.10
78.40
105. 90
89.35
970 6

23 75
22 50
29 30
27 55
213 1

22.80
20 40
32 15
27.95
203 7

19.70
17. 05
28.15
24.90
195.3

no. 15

120.3
19.3

105 6

133 6

125.3

128.9

273 5

266 3

178.6

220.8

473.0

341 7

268.1

' 3, 768

376 5

.5
3.8

' 91. 20 93.70
r 76. 00
83.65
r 86. 45
98.25
>• 82. 80
91.10
'814.3
809.8

146 2
21 1

89 6
11 5

1 203 5

r

10

45.70
43.10
32.80
28.70
275.4

ELECTRICAL EQUIPMENT
Batteries (auto, replacement) shipments
thous
Household electrical appliances:
Ranges, incl. built-ins, shipments (manufacturers'), domestic and export
thous
Refrigerators and home freezers, output
1957 59 — 100
Vacuum cleaners, sales billed
thous
Washers, sales (dom. and export) J
do.._
Driers (gas and electric), sales (domestic and
export)
thous..
Radio sets, production©
do
Television sets (incl. combination), prod.O -do
Electron tubes and semiconductors (excl. receiving,
power and spec purpose tubes) sales
mil $
Motors and generators:
New orders index qtrly
1947 49—100
New orders (gross) :
Polyphase induction motors 1 °00hp
mil $
D C. motors and generators 1 200 hp
do

32 061

T 35 257

1 909 7

2 736

2 215

2 119

2 101

1 809

2,450

3 144

3,646

4,054

3,405

3 739

2,597

2 306 8

189 8

187 9

183 6

196.3

187 5

189.1

180.9

170.5

232.5

201.7

194 1

194.0

165 6
145 8
5 677 4 6 653 1
4, 376. 0 4, 517. 9

175 1
497 8
376. 4

164 1
565 1
377.4

177 6
471 8
324.5

156 1
464.6
330.2

188 6
490 9
412.0

165 6
515.2
374.3

114.1
551. 1
431.3

182 2
642.6
445.1

191.3
682.1
455.9

166.3
563. 4
344.8

159 7
699.7
298.7

188.0

205. 1

355.5

362.3

377.5

2, 642. 3

2, 861. 8

228.2

200.2

155.8

142.8

176.0

194.8

275.5

318.7

375.7

289.2

257.6

274.4

247.7

237.2

21 698
10, 881

22 566
11, 794

1 787
919

2 134

51,114

1,549
818

1,682
905

2, 009
5 1, 105

1,272
651

1,875
876

5 2, 415
5 1, 237

1,950
1,156

1,982
1,063

8 2, 449
8 1, 150

1,769
960

r 1,714
r 1, 002

2,082
1,241

712 0

690 1

56 1

61 7

57 8

59 4

57 0

47 5

57 3

59 5

60 4

55.8

59 0

56 5

6

205

206

97 6
47 5

96 6
49 5

5

75
4 1

67 5
36

208

203

207
6

5

68 1

4 6

68 7
4 4

679
3 5

«7 9
4 7

68 1

4 0

6

89

4.4

205
6

9.0

e 7.2

6

4.8

3.7

8. 9
39

988
37

6

8.0
3. 6

68.7

917
17

900

4.2

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons_.
Exports
do
Price, wholesale, chestnut, f.o.b. car at mine
Bituminous:
Production

12, 256
595
12 892

11, 631
518

894
25

994
17

1,164
39

918
33

926
68

853
49

1,016
47

1,021
75

1,000
48

960
53

13. 867

13. 867

13. 867

13. 125

13. 125

13. 475

13. 475

13. 825

14. 175

14. 175

thous. sh. tons_. 552, 626 539, 815 43, 830 47,510 47, 730
r
2
Revised.
i Revised total; monthly revisions are not available.
Total for5 11 months.
Reported year-end stocks. See BUSINESS STATISTICS.
* For month shown.
Data cover
5 weeks; other periods, 4 weeks.
« Excludes orders for motors 1-20 hp.; domestic sales of
this class in 1968 totaled $108.6 mil.; Feb. 1969, $9.5 mil.
* Effective 1st quarter 1967, tractor
shovel loaders include types not
previously covered and off-highway wheel tractors exclude
8
types previously covered.
Data cover 6 weeks.




1,001

48, 830 40, 690 42, 300 49, 540 47, 300 37, 540 44, 380 44, 985 45, 905 39, 990 42, 425
cf Effective with Apr. 1969 SURVEY, data revised back to Jan. 1966.
fRevised series. Monthly data for 1956-66 are on p. 35 ff. of the Mar. 1968 SURVEY.
t Revised to include combination washer-driers.
O Radio production comprises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.

SURVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1968

Annual

S-35
1969

1968
Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
Bituminous— Continued
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

Retail dealers

38, 734
21, 929
15, 989
8,004

39, 275
22, 574
16, 173
8,257

38,858
23, 209
15, 125
7,960

40, 519
25, 126
14, 882
7,941

41, 517
26, 530
14, 245
7,354

37, 541
22, 850
13, 694
6,716

39, 736
23, 764
14, 567
6,700

41,464 '46,473
24, 781 27, 869
15, 303 '16,760
6,817 ' 7, 303

48, 558
29, 041
16, 919
7,452

15, 224

2,380

1,730

773

471

475

465

681

943

1,357

1,339

1,830

2,597

93, 128
69, 737
23, 212
10, 940

85, 525
64, 168
21, 169
9, 537

82, 356
60, 631
21, 614
9,815

82, 724
60, 750
21, 894
10, 492

87, 773
64, 121
23, 552
11,882

92, 171
68,213
23, 833
11, 994

93, 487
69, 131
24, 183
11, 633

89, 404
66,417
22, 801
10, 321

91, 492
67, 529
23, 754
10, 545

96, 220
70, 633
25, 372
11, 209

91, 966
68, 880
22, 885
9,540

90, 518
68, 613
21, 725
9,554

85, 525
64, 168
21, 169
9,537

78, 152
58, 713
19, 921
8,650

179

188

111

80

100

125

173

186

209

215

201

180

188

148

49, 510

50, 636

2,786

3,061

4,512

4,826

4,224

4,147

5,868

5,406

3,783

4,534

4,249

3,654

5,281
7.077

5.313
7.077

5.326
6.643

5.336
6.643

5.336
6.671

5.336
6.671

5.336
6.727

5,336
6.810

5.467
7.021

5.607
7.421

do

Exports
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$ per sh ton
Domestic large sizes f o b mine
do

43, 186
24, 346
17,107
8,211

17, 099

do

Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons__
Electric power utilities
do
Mfg. and mining industries, total
do
Oven-coke plants
do

COKE
Production:
Beehive
Oven fbvproduct)
Petroleum coke§
Stocks, end of period:
Oven-coke plants total
At furnace plants
_ _
At merchant plants
Petroleum coke
Exports

1480,416 r 499, 172 44, 525
271, 784 294, 739 25, 115
U91,066 ' 188, 792 17, 030
i 92, 272 r 91, 107
7,749

5 217
6.795

806
63, 775
18, 187

774
62, 878
19, 038

69
5,352
1,497

79
5,686
1,584

81
5,529
1,484

82
5,692
1,572

72
5,468
1,561

64
5,453
1,636

60
5,045
1,692

51
4,633
1,627

46
4,613
1,622

48
4,669
1,577

48
5,137
1,651

43
5,177

42
4,873

5,467
4,961
506
1,364
710

5,985
5,637
348
1,239
792

5,226
4,766
460
1,297
83

5,016
4,579
437
1,304
65

4,740
4,240
501
1,218
47

4,525
4,152
373
1,219
54

4,336
3,992
344
1, 259
63

4,312
3, 953
359
1,260
42

4,738
4,329
409
1,281
54

5,393
4, 969
424
1,319
58

5,759
5,364
395
1,233
68

5,929
5,590
338
1,240
82

5,985
5,637
348
1,239
99

5,865
5,542
323

5,565
5,278
286

lumber
14,426
15, 367
$ per bbl
3.02
mil. bbl__ 3, 582. 6 ~3~744.T
% of capacity-92
93

934
3.05
297.0
96

978
3.05
312.8
95

1,379
3.05
299.5
88

986
3.05
324.1
92

1,205
3.05
310.2
91

1,320
3.06
328.1
93

1,162
3.06
328.5
93

1, 350
3.06
312.4
92

1,185
3.06
319.5
91

1,159
3.06
304.8
90

324.7
92

303.8

' 414. 3 399.9

thous sh tons
do
do
do
do
do
do
do

105

PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Oklahoma)
Runs to stills
Refinery operating ratio

_

All oils, supply, demand, and stocks:
New supply total
Production:
Crude petroleum
Natural-gas liquids
Fm ports:
Crude and unfinished oils
Refined products

1,877

4, 656. 3

4, 921. 0

396.3

430.2

395.4

408.3

402.2

420.7

409.7

398.6

427.0

427.7

do
do

3,215.7
514.5

3, 328. 9 270.3
' 550. 3 '43.5

288.8
'47. 1

273.7
'45.2

285.4
'47.0

274.4
'44. 5

283.9
'46.1

283.0
'45.7

268.0
44.6

276.4
46.7

269.3
46.5

276.1
48.3

275.0
48.5

do
do

411.6
514.3

35.5
58.5

32.5
43.7

37.5
38.1

40.2
42.9

45.7
44.7

43.2
37.5

42.5
43.1

45.9
45.1

40.8
43.1

49.9
52.4

37.6
66.4

mil bbl

' 472. 3
566.1

28.2
54.2

Change in stocks, all oils (decrease,—)-

do

63.0

55.5

-26.9

18.1

16.9

31.6

29.7

31.1

19.6

21.9

9.1

-5.8

-36.1

-61.2

Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand total 9
Gasoline _
.
Kerosene

do

4, 593. 3

4, 872. 8

423.1

413.0

378.1

378.6

372.0

389.8

393.9

375.8

406.8

406.8

463.3

499.8

do
do
do
do
do

26.5
85.5
4, 481. 2
1 842 7
100.1

1.8
83.4
'4,787.6
1, 955. 8
103.1

.3
6.4
416.5
144.5
12.2

()
7.7
405.2
155.7
9.7

.1
6.9
371.1
162.7
5.6

.1
7.8
370.8
168.8
5.9

.2
7.5
364.2
166.4
4.8

()
7.0
382.8
180.5
4.3

.1
6.8
386.9
179.3
6.2

.1
7.4
368.3
159.8
6.6

.1
6.5
400.2
170.1
7.8

.4
6.6
399.8
158.4
10.5

.1
7.2
r 456. 0
161.7
13.4

0
5.8
493.9
158.7
15.5

Distillate fuel oil
Residual fuel oil
Jet fuel

do
do
do

818.2
651.9
300.8

862.7
679.9
348.3

100.7
69.1
27.2

85.4
63.9
27.9

60.1
51.5
29.2

56.1
44.5
28.0

47.9
48.2
29.2

46.0
46.0
29.2

49.5
44.1
31.1

53.8
48.3
29.7

62.4
50.9
32.9

76.4
57.6
28.6

106.7
71.4
29.4

116.0
85.4
28.9

Lubricants
Asphalt
Liquefied gases

do
do
do

44.1
131.1
344.5

48.2
141.1
385.7

3.8
4.2
36.6

3.9
5.5
33.1

4.3
9.3
25.8

4.4
13.1
27.5

3.7
16.2
25.4

4.3
19.9
28.1

4.1
20.0
27.8

4.0
17.5
27.1

4.4
17.0
32.9

3.8
9.0
36.4

3.9
5.5
42.7

3.7
4.0
46.1

944.1
249.0
2
96.0
2 599. 2

999. 6
272. 2
98.9
628.5

863.7
245.3
94.3
524.1

881.7
256.9
96.2
528.6

898.6
262.1
100.7
535.8

930.2
262.0
106.8
561.4

959.9
264.9
104.2
590.8

991.0 1, 010. 5 1, 032. 5 1, 041. 5 1, 035. 7
266.4
262.8
266.3
265.8
271.6
102.7
98.4
104.2
101.5
99.9
641.5
671.2
664.2
621.0
673.7

999.6
272. 2
98.9
628.5

938.3
279.5
96.0
562.8

1, 845. 8
4 9
208.0

1, 940. 0
2.3
211. 5

147.6
.1
224.2

153.4
.2
223.4

147.0
.3
209.5

160.7
.3
203.1

162.3
.1
201.0

170.3
2
193! 1

170.3
.1
186.1

.108

.115

.115

.115

.232

.231

.230

.234

2.8
.2
6.6

2.5
.1
6.4

3.1
.2
6.4

2.7
.1
6.3

8.2
20.9

6.9
23.0

7.0
25.7

7.6
27.2

Stocks, end of period, total f
Crude petroleum
Unfinished oils, natural gasoline etc
Finished products
'
Refined petroleum products:
Gasoline (incl. aviation):
Production
Exports
Stocks, end of period

do
do
do
do

do
do
do

2

3

Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per eaL.115
.120
.115
.117
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo )
$ per gal
.230
.228
.225
.230
.226
Aviation gasoline:
Production.
mil bbl
2.4
2.9
31.6
2.2
37.1
Exports
do
.2
.2
2.1
.1
4.0
Stocks, end of period.
do
7.6
6.7
7.0
7.8
7.9
Kerosene:
Production
__
do
7.8
9.4
101.6
9.7
100.4
Stocks, end of period.
do
16.4
18.6
23.5
16.7
25.4
Price, wholesale, bulk lots (N.Y. Harbor)
.112
.112
.112
.110
$ per gal. .
r
Revised.
2
i Annual total reflects revisions not distributed to 1 he montl ly data.
Seen ote "V for
this page.
3 Less than 50 thousand barrels.
11 Beginning 1967, data reflect chanere in reportin * to show all stock s of unfinished oils,
natural gasoline, plant condensate, and isopentane a5 one item , and stocks of "firlished pr od-




3

172.9
.1
211.5

166.6
.2
193.2

162.4
.1
198.9

.115

.110

.110

.234

.228

.226

.235

3.0
.2
6.3

3.0
.2
6.7

2.4
.1
7.0

2.3
.1
7.0

7.5
28.0

8.7
28.7

8.7
27.1

9.9
23.5

167.2
.2
195.1

.235

.233

.111
.115
.111
.115
.111
.115
.115
ucts" as anoth ir (both items in<Jlude sto cks at re fineries, natural gas processing plants, terminals , and bu Ik statio ns). Also , as a result of in(jreased c yverage in certain bulk terminals,
stocks of distill ate and residual fuels are on a ne\v basis. Dec. 1966 data on new basis (mil.
bbl.): Total sto cks, 881. .; distilla te, 158.1; residual , 63.9.
9 In eludes deita not si:lown sep arately.
§ Inchides non marketable catalyst coke.

SURVEY OF CURRENT BUSINESS

S-36
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

April 1969
1969

1968

1968

Annual

Mar.

Feb.

May

Apr.

June

July

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products — Continued
Distillate fuel oil:

804 8
18 5
4 3
i 159 7

Imports
do
Exports
do
Stocks end of period
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal
Residual fuel oil:
Production
mil bbl
Imports
do
Exports
do
Stocks end of period
do
Jet fuel (military grade only):
Production
Stocks end of period

9

Lubricants:
Production
do
Exports
do
Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal

-'p>«; '

nil t<? (T P C ^

68 8
2 0

Asphalt siding
Insulated siding
Saturated felts

66 1

66 0

71.2

66.1

4.7
.1

101 2

115 8

139 5

168.1

191.4

211.8

102

109

105

105

105

.105

.101

.101

.101

22 8
39 7
2 1
62 8
1 45

22 7
27 8
2 2
66 9
1 45

19 7
30 9
2 2
67 6
1 45

21 2
30 4

21 4
24 7

19 4
31.3

20 4
32.6

23.7
31.8

c 27.6
38.3

72 4
1 35

74 3
1 35

75.8
1 35

76.9
1 35

74.0
1.35

67.4

29.3
24 8

25.8
24.8

25.9
24.3

2.5
.1

2^9
.1

2.2
.1

2.2
.1

24 5
42 3
15
55 1

273 °

314 3
24 3

23 8
23 0

95 3

99 2

99 g

26 5
23 1

27 5
25 9

24 8
23 6

26 9
24 8

27.5
24 4

27.4
25 1

64 9
18 7
14 8

65 7
18 2
14 0

5 0
13
15 1

5 4
17
15 0

5 5
15
14 7

57
16
14 4

5 3
16
14 4

55
19
13 6

5 7
15
13.8

13.5

13.7

13.8

270

270

270

270

270

270

.270

.270

.270

.270

1

AK

9 9

60 5
1 45

1.2

1.9

1.3

5.6
1.8

1.3

58

1.3

173.2

1.0

1.5

5.4
1.3

5.5
1.7

14.0

7.8

197 8
19 9

135 5
20 1

6 2
25 0

7 3
96 9

9 8
27 6

13 0
27 8

14 2
26 9

15 3
23.0

15.7
19.1

14.8
17.2

14.0
15.0

10.9
17.4

20.1

438 1

469 3
351 3
118 1

37 9
28 0
9 2

40 6
30 4
10 2

38 5
28 8
9 7

40 8
29 8
11 0

37 5
27 5
10 0

39
29
10
81

39
28
10
86

1
6
5
6

38.4
28 6
9 8
91 9

39.3
30 0
9 3
90 8

39.2
30 3

41.6
31.8

85 5

76 2

do

111 5

CQ 7

r-D

A

7r A

1
0
1
1

8.9

9.8
r

4 612
2,001
' 2, 611

5,113
2,244
2,870

29
19
62

'32
10
64

25
14
67

7A ^flft

77 QftA

30 509
45' 991

31 032
46 952

1 873
2 344

4 QAQ
1 874
2 435

5 901
9' 316
3 585

7 flfi1
2 577
4 484

8 919
2 957
5 255

8 020
3 000
5,020

8 086
3,169
4,917

8 343
3,346
4,997

8 497
3,375
5,122

6 110
2,549
3,562

4 538
1,972
2,567

468
445
876

422
411
886

26
14
64

23
26
60

30
36
71

29
44
78

36
45
81

*31
43
77

41
46
81

44
42
82

55
53
89

48
28
70

do
do
thous. sh. tons..

___

70 5

03 5

.2

8
6
0
4

qoc f«

do
do

71 7

109

2

Asphalt and tar products, shipments:
Roll roo(in°r and cap sheet
Shingles all types

69 1

96 9

2

275
421
20
67

r\

A* refineries (L R G )

65 1
2 8

2.5
.1
204.0

3

76 0
3% 9
°1 9
i 65 6
1 47

270

mil bbl
do

77 3
4 8

2.6
.4
206.0

35

94 7
46 4

Liquefied gases (incl. ethane and ethylene): §
At fr-m

74 ^

100

mil bbl
do

Asphalt:
Production
Stocks end of period

840 7
36 6
18
173 2

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Consumption
Stocks, end of period
Waste paper:
Consumption
Stocks end of period
Production:

57, 155
58, 358
5,031

4,806
4,713
5,398

5,026
5,037
5,415

3,865
4,200
4,249

4,795
5,060
4,776

4,823
4,932
4,766

4,973
4,755
5,017

5,047
5,021
5,008

4,933
4,733
5,274

5,337
5,235
5,398

4,804
5,099
5,127

4,566
4,738
5,031

4,860
5,153
4,671

9, 888
826

10, 292
583

834
526

883
510

859
518

899
518

870
493

761
535

885
510

850
513

929
548

858
544

••798
'586

880
587

36,660
2 1, 448
223,925
2 2, 563

\
37, 903
1,725
24, 308
2,508

3,044
149
1,960
205

3,270
142
2,096
226

3,180
131
2,053
216

3,277
164
2,076
217

3,207
132
2,078
213

2,997
131
1,913
191

3,290
150
2,113
209

3,053
133
1,953
197

3,360
151
2,180
214

3,190
166
2,074
204

2,898
142
1,803
191

3,249
157
2,110
188

336
122
272

367
130
309

348
136
296

368
133
319

359
128
297

340
131
291

363
137
318

344
128
298

363
136
316

355
104
287

345
130
286

361
131
303

779
358
352
69 ,

756
334
349
74

783
345
362
76

795
339
382
73

838
369
397
73

797
323
404
71

801
344
383
74

746
315
364
67

787
346
371
70

775
339
367
68

-•741
278
'376
86

771
322
374
75

257,219
do
255,773
do _..
6,825

._

thous. sh. tons._
do

2

WOODPULP
2

Dissolving and special alpha
Sulfate. _ _ _ _ _ _ _ _
Sulfite

do
do
_do ..

Groundwood...
Defibrated or exploded...
Soda, semichem., screenings, etc
Stocks, end of period:
Total, all mills
Pulp mills.. _
Paper and board mills
Nonpaper mills

do
do
do

2 3, 879
2 1, 460
2 3, 385

4,237
540
3,584

do
do
do
do

863
365
418
80

744
278
380
86

Exports, all grades, total. _
Dissolving and special alpha
All other

do
do
do

1,710
607
1,102

1,902
671
1,231

155
57
98

155
50
105

153
63
90

172
66
106

127
39
87

179
49
130

176
72
103

163
66
97

128
32
96

165
65
99

191
64
128

113
31
82

125
37
88

do
do
do

3,162
265
2,898

3,540
302
3,238

277
25
252

280
23
257

315
29
286

305
23
283

311
20
290

292
23
270

283
23
261

258
26
232

304
27
277

299
19
280

346
38
308

289
22
267

324
18
305

3,963
1,781
1,842
12
328

4,190
1,884
1,924
13
369

4,144
1,847
1,913
13
370

4,220
1,905
1,923
13
379

4,159
1,849
1,938
13
360

3,873
1,733
1,774
10
355

4,197
1,834
1,966
11
386

4,017
1,810
1,808
12
386

4,436
1,975
2,044
12
406

4,108
1,843
1,889
10
366

'4,100
1, 829
' 1, 926
10
'334

4,419
1,979
2,096
11
333

3,975

4,332

4,248

4,227

4,252

3,940

4,269

4,074

4,534

4,184

3,781

P4,471

101.9
117.8
97.3
91.8

101.9
117.8
91.7
92.0

101.9
117.8
91.7
92.1

100.6
100.6
100.6
101.9
101.9
101.9
121.0
121.0
121.0
120 5
120.5
119.4
119.4
91.0
90.9
91.0
90.6
90.6
91.7
90.6
93.8
93.7
93.5
92.3 '92.3
92.3
92.3
§Data have been restated to include production and stocks for chemical use (formerly
excluded).

_
_

Imports, all grades, total
Dissolving and special alpha
All other
PAPER AND PAPER PRODUCTS

Paper and board:
Production (Bu. of the Census):
All grades, total, unadjusted. --thous. sh. tons.. 246,893 ' 49, 444
Paper
do
220,703 ' 22, 122
Paper board
do
222,346 ' 22, 821
Wet-machine board
do
142
2146
2 3, 697 ' 4,358
New orders (American Paper Institute):
All grades, paper and board
do
49, 986
46, 074
Wholesale price indexes:
Printing paper
1957-59=100.
101.9
117. 6
Paperboard
do
97.3
Building paper and board
_do _
91.9
T
p
Revised.
Preliminary.
* Corrected.
1
See note "J" for p. S-35.
2
Reported annual total; revisions not allocated to the months.




r

SURVEY OF CURRENT BUSINESS

April 1969
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1969

1968

| 1968

Annual

S-37

Feb.

Apr.

Mar.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Selected types of paper (API):
Fine paper:
Orders new
thous sh tons
Orders unfilled end of period
do

2 645
157

2,883
216

227
158

264
184

269
213

255
208

243
223

232
217

226
208

229
226

243
223

239
226

215
216

P265
J>235

do
do

2,659
2 658

2,851
2 830

224
222

244
250

250
247

249
248

242
240

221
224

233
225

226
225

260
253

240
237

224
224

*255
*255

do
do

6 335
449

6 858
485

570
513

617
525

579
537

586
504

577
539

554
546

564
506

560
528

635
541

553
505

515
485

?590
M90

_

do
do

6 332
6,332

6,731
6,731

544
544

567
567

568
568

580
580

572
572

526
526

566
566

557
557

615
615

563
563

540
540

"585
*585

Coarse paper:
Orders new
Orders unfilled, end of period

do
do

4 678
214

4 987
245

399
218

440
231

396
218

441
231

418
262

380
236

425
251

437
299

441
275

423
284

365
245

v 445
*>260

do
do

4 753
4,685

4 967
4 906

418
412

432
423

404
396

432
427

410
396

379
380

409
414

419
421

425
414

432
418

385
385

M25
M30

do
do
do

8,051
7,968
268

8 031
8 096
203

629
573
381

674
659
396

674
682
388

711
756
343

689
705
327

693
617
402

639
634
408

576
622
362

719
760
320

702
761
262

683
742
203

710
644
268

681
615
334

743
726
351

do
do
do_..-..

2 620
2,602
39

2 935
2 946
27

220
215
59

250
242
68

234
253
49

265
267
47

256
254
49

240
244
46

253
247
51

240
240
52

257
259
50

248
255
43

233
249
27

275
265
38

252
251
38

279
274
44

6,907

7,025

523

604

586

622

579

509

559

599

645

652

630

564

541

638

633

613

584

605

626

623

704

659

673

Production
Shipments
Printine paper:
Orders new
Orders, unfilled, end of period
Production
Shipments

Production
Shipments

_

Newsprint:
Canada:
Production
Shipments from mills
__
Stocks at mills, end of periodUnited States:
Production
Shipments from mills
Stocks at mills, end of period

.

Consumption by publishersd"
do
Stocks at and in transit to publishers, end of
period __
_
thous. sh tons
Imports
_
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
_ _ $ p e r s h . ton

630
6 599

6 462

139 95

681

660

628

633

644

655

636

489

510

460

531

594

581

544

542

505

451

568

514

141. 40

141. 40

141. 40

141. 40

141. 40

141 40

141 40

141. 40

141 40

141. 40

Paperboard (American Paper Institute):
Orders, new (weekly avg.)
thous. sh. tons__
Orders, unfilled § do
Production, total (weekly avg.)
do
Percent of activitv (based on 6.5-day week)

444
618
439
87

454
869
480

481
714
482
92

494
733
480
90

497
767
480
90

488
778
489
91

510
826
489

433
847
421

513
877
497

470
895
469

536
921
512

511
966
502

454
869
518

467
894
509

530
943
512

556
1 009
528

Paper products:
Shipping containers, corrugated and solid fiber,
shipments.
mil sq ft surf area

162 362

173 029

12 922

13 763

14 289

14 922

14 416

13 477

15 316

15 375

17 191

15 121

13 765

14 884

14 141

15 474

128.6

138.7

135.6

139.6

131.6

129.4

145.2

142.2

48 35 rr 46 17
99' 79 !06 72
49 58
43 69

50 51
98 07
21 81

49.00

.228

.221

.231

180 62 rr!81 66
161 25 !54 44
347 01 r336 77

181 27
168 82
377 99

Folding paper boxes, shipments, index of physical
volume
1947-49=100-.

134.1

158.6 p 135. 1

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption .
thous Ig tons
Stocks, end of period _ . _
do
Imports, incl. latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)..$ per lb...
Synthetlc rubber:
Production...
Consumption
Stocks, end of period

._.

thous Ig ton1?
do
do

Exports (Bu. of Census)
Reclaimed rubber:
Production
Consumption
.
Stocks, end of period

do
do
do
do

47 61
102 10
49 o(j

49 48
95 09
39 49

47 94
94 42
42 17

49 61
92 64
42 72

46 22
92 07
36 73

41 00
99 57
51 26

46 27
103 02
46 06

49 05
107 19
63 30

53 85
104 69
36 24

.198

.164

.176

.179

.186

.213

.208

.210

.201

.215

1 911 87 r<2 129 77
L628 26 r\ 892 81
369 94 r 336 77

170 e8*^
154 >6
360 38

180 29
161 98
358 80

177 88
156 04
357 83

184 77
162 82
354 33

173 42
153 23
364 32

171 58
135 49
375 64

178 63 172 89
153 92 158 07
374 65 361 12

178 43
178 40
347 40

291 03

23 99

26 15

24 86

27 39

21 23

23 67

30 71

37 76

13 86

18 28

18 77

4 50

243 65
256 69
239
27 r 250 68
9
8 40 r 29 55

23 94
22 85
29 78

22 71
23 51
28 58

22 12
22 09
29 07

22 78
21 88
28 95

21 20
20 70
29 00

17 65
15 94
29 46

19 68
19 14
30 26

20 28
20 22
29 87

22 60
22 38
29 78

20 14
19 83
19 82 r 19 09
29 64 r 29 55

21 75
21 41
29 79

203 052

17 118

18 175

17 212

17 930

16 683

14 429

15 694

16 506

18 695

16 831

16 186

18 054

1QQ 337
58 365
!23 085 137* 779
r<2 121
3' 193

13 538
4 585
8 755
198

16 740
5*465
11 099
176

18 876
5*176
13* 500
200

19 059
5 603
13* 025
431

18 427
5 265
12 782

15 782 15 235
2 986
2 542
12 561 12 399
9Q4.
' 235

18 226
5*305
12 514
'407

19 623
5 679
13 681

13 832
4 898
8 743

488 85 r 574 74
111 66 r 106 72
452 80
540 17

.199

299. 80

.228

.259

7. 03

TIRES AND TUBES
Pneumatic casings, automotive:
Production

thous

163 192

Shipments, total.
Original equipment
Replacement equipment
Export..

do
do
do
do

9fid

15 450
5 899
9 372
170

1QO

15 206
5 062
10 057
88

Stocks , end of period
Exports (Bu. of Census)

do
do

34, 782
1 450

42 127
2 518

41 916
145

43 742
93

42 369
126

41 817
280

40 689
416

39 485
185

39 969
254

38 719
397

37 930
245

39 698
157

42 127
144

45 116
53

86

do
do
do
do

39 775
41 691
11 005
849

43 791
43 957
11 828
1 390

4 005
3 664
11 159
66

3 991
3 778
11 453
62

3 598
3 770
3 532
3 675
11 605 11* 744
' 197
120

3 492
3 574
11 917
83

3 093
3 440
11 518
92

3 4Q1
3 595
12* 437
115

3 428
3* 658
12 442
266

3 474
4 AQ4.
3 ^00
4 230
11* 146 11 489
' 132
109

3 277
3*031
11 828
87

3 899
4 712
11* 199
73

51

Inner tubes, automotive:
Production
Shipments..
Stocks, end of period
Exports (Bu. of Census) ...
r

r!79 039
r
47 733
r

Revised.
p Preliminary.
cf As reported by publishers accounting for about 75 percent of total newsprint consumption.




oc-j

§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as oil Dec. 31.

April 1969

SUEVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

Feb.

Annual

1969

1968

1968
Mar.

Apr.

May

June

Aug.

July

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

19 088

20,096

Mar.

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments finished cement

thous bbl

374 017

i 397 343

20 904

26 176

34 426

37 389

36 876

41 763

44 106

39 855

45 358

30 954

22 760

7 117 4

7 537 7
' 192* 0
1 706 0

500 6
13 4
103 1

600 0
16 0
139 4

710 5
14 6
160 0

734 9
15 8
159 7

687 1
16 8
154 2

727 2
16 9
165 7

708 1
18 2
168 5

672 0
18 3
169 6

741 0
17 1
170.3

603 3
15.3
128.7

493.0
16.0
110.9

CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
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

' 234 5
1 572 2
240 1

220 4

14 6

18 0

99 4

18 8

17 4

19 0

17 8

18 8

21 0

18.2

20.0

257 5

274 5

20 4

99 6

23 9

25 2

24.3

22 4

24 5

23 9

24.5

21.2

20.2

115 4

115 8

115 8

116 1

116 5

116 8

117 6

117 6

118 1

119 6

113 3

GLASS AND GLASS PRODUCTS
331 976

387 638

89 988

90, 523

98, 192

108, 935

131 476
200 500

139 568
248 070

34 335
55 653

29,684
60, 839

35, 843
62, 349

39, 706
69, 229

225 579

(6)

(6)

(6)

20 068

20 992

21,757

21 909

23 054

OOO

'Jf.f.

(Q\

(ft\

(Q\

18 666

20 017

21 3^2

23 576

General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses and fruit iars)
thous gross

17 146

23 631

(6)

(6)

(6)

1 591

1 930

1 886

2 365

57 852

(6\

(61

(6\

3 693

4 Qgg

4 524

Beverage
Beer bottles
Liquor and wine

do
do
do

38 185
44 501
19 459

(6)
(6)
(6)

(6)
(6)
(6)

(6)
(6)
(6)

3 755
3 798
1 304

3 980
4 331
1 323

Medicinal and toilet
Chemical household and industrial
Dairy products

do
do
do

38 516
5 664

(6)
(6)
(6\

(6)
(6)
(6)

(6)
(6)

2 657

284
64

2 638

14

356
42

339
58

do

22 546

(6)

(6)

16 304

18 407

Flat glass, mfrs.' shipments

thous $

Sheet (window) glass, shipments
Plate and other flat glass, shipments
Glass containers:
Production

do
do
thous gross

Stocks, end of period

958

23 518

21 368

22, 870

21, 120

19, 921

22, 769

20 034

20 902

18 705

20 795

18 544

3 473

2 681

2,252

1,575

1,698

1,858

4 864

5 826

4 763

5 591

4 983

5 017

4 703

4 519
4 577
1 465

4 684
4 983
1 349

4 387
4 781
l'«591

3 609
4 081
1 637

4 190
3,373
1,802

3 882
3,268
1,586

5,113
3,506
1,673

3,440
3,537
1,557

2 649

2 696

3 065

2 810

3,189

2,934

2,996

440
65

417
60

3,237

390
63

19 936

20 324

19 594

20 709

22, 463

24, 626

324
57

387
66

r

483
68
23, 518

380
73

27, 630

GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:
Imports
Production

thous sh tons
do

Calcined, production, total
Gypsum products sold or used, total:
Uncalcined uses
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl. Keene's cement)
Lath
Wallboard
All other

_

4 722
q 3Q3

r

5 454
10 194

1 069
2 233

1 402
2,582

1 604
2,768

1,379
2,611

do

7 879

8 499

1 923

2 155

2 330

2,091

do
do

4 511

4 993

1 369

1,273

302

866
73

1 487

293

78

77

75

do
do

561
813

531
780

130
184

137
196

143
215

120
185

mil sq ft
do
do

940

995

7 089

8 132

243

r 267

996

249

1 771

2,048

52

235

285

1,986

2,326

64

79

73

TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills:
Production, total 9
mil. linear y d - _
Cotton
do
Manmade
fiber
do

11, 983
8,263
3,493

11, 653
7,452
3,979

983
651
314

953
621
313

2 l, 136
22 738
373

939
604
315

932
592
320

2888
2 558
2311

907
573
317

911
576
320

2 1,2 130
709
2403

914
570
329

806
511
281

do
do
do

1,317
837
465

1,207
705
487

1,270
811
443

1,240
784
440

1,223
769
437

1,225
775
435

1,250
778
457

1,228
748
466

1,235
756
466

1,225
749
463

1,192
715
464

1,177
711
452

1,207
705
487

Orders, unfilled, total, end of period 9 If- --do
Cotton
do
Manmade
fiber
do

3,190
2,060
1,045

2,856
1,635
1,142

2,860
1,734
1,032

2,814
1,666
1,054

2,836
1,670
1,069

2,892
1,651
1,142

2,948
1,608
1,241

2,974
1,640
1,236

2,909
1,596
1,224

2,768
1,500
1,180

2,864
1,575
1,212

2,889
1,616
1,193

2,856
1,635
1,142

7,439

10, 915

7 7 439

7

374

1,416

5,955

9,164

7,458
9,215

10, 947
8,568

729

7 7 458
721

2 839

692

682

2670

665

643

2813

658

577

'2806

646

14, 563
14, 472
1,509
11, 369
1, 594
91

12,964
12, 912
1,534
9,807
1,571
52

12, 051
11, 971
1,137
8,970
1,864
81

10, 898
10, 826
955
7,916
1,956
72

9,660
9,594
660
6, 810
2, 125
66

8,588
8,529
628
5,813
2,087
59

7,633
7,580
616
5,037
1,927
54

6,448
6,402
300
4,277
1,825
46

16, 575
16, 517
11, 085
3,777
1,655
58

15, 720
15, 665
10, 339
3,819
1,507
55

14, 636
14, 575
6,268
6,890
1,419
59

13, 796
13, 746
3,360
8,839
1,475
56

12, 964
12,912
1,534
9,807
1,571
52

12, Oil
11,963
930
9,312
1,721
48

11, 492
11, 446
979
8,636
1,831
46

Stocks, total, end of period 9 cf
Cotton
M^anmade
fiber

COTTON
Cotton (exclusive of linters) :
Production:
GinningsA.
thous running bales
Crop estimate, equivalent 500-lb. bales
thous. bales..
Consumption
do
Stocks in the United States, total, end of period
thous. bales. _
Domestic cotton, total
do
On farms and in transit
do
Public storage and compresses
do
Consuming establishments
do
Foreign cotton, total
do

610,915

10, 030 * 10, 833

s 10, 947

T
Revised.
1 Reported annual total; revisions
n ot allocai ed to the months
2 D ita
3
cover 5 weeks; other months, 4 weeks.
Ginning s to Dec. 13.
* (Winnings to Jan. 16.
5
Crop for the year 1968.
« Data not available owing to 1ack of GO:uplete r 3ports fr 3m
the industry.
? Crop for the year 1967.
9 Includes data not shown separately.




3

<7St ocks (o\>raed by weaving mills an d billed and hel i for oth ers) excl ude beds heeting,
towel ng, and jlanketi ng, and L illed ancI held sto cks of de niins.
iftlled or ders cove r wool a] 3parel (ii icluding polyester -wool) fi nished fa brics; pn)duction
and si ocks excl ude ngui~es for su(ih finishe d fabrics . Orders also excliide bedsrleeting, t oweling,
and b .anketin ?.
A rr\
n+a.A

TO

SURVEY OF CURRENT BUSINESS

April 1969
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1967

S-39

1968

| 1968

Feb.

Annual

Mar.

Apr.

May

June

July

1969
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
Exports _
thous. bales
Imports
_
do
Price (farm), American upland
cents per lb_-_
Price, middling 1", avg. 12 markets 1
do
Cotton linters:
Consumption _ _ _
thous. bales
Production
do
Stocks, end of period
do
COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total
C onsuming 100 percent cotton _ .
Spindle hours operated, all fibers, total
Average per working day. _ __ _
Consuming 100 percent cotton

mil..
do _ _ _
biL_
_do
do

Cotton yarn, price, 36/2, combed, knit_ _ $ per Ib
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production (qtrly )
mil lin. yd
Orders, unfilled, end of period, as compared with
avg. weekly production.. No. weeks' prod._
Inventories, end of period, as compared with
nvg. weekly production No. weeks' prod-Ratio of stocks to unfilled orders (at cotton
mills), end of period, seasonally adjusted

3,973
169

3 870

95

i 25. 4
124.8

447
3

436
3

20.4
25.4

20.3
25.2

1,080

1,107

998
405

84
98
614

85
83
595

20.0
14.4
126.2
.486
94.4

20.0
13.1
128.0
.493
85 9

20.1
14.1
10.4
.519
7 2

20.1
14.0
10.3
.516

1.085

977
617

.942
8,278

15.4

406
3

383
3

277
2

357
2

20.2
25.1

213
20

21.6
24.9

21.1
24.8

21.5
24.9

26.0
25.0

2

12.2

152
2

185
1

276
1

26.5
24.3

24.2
23.3

21.6
22.7

93
156
359

80
166
405

20.0
13.1

.495
6 5

20.2
13.3
12.5
.502
2
83

1.037

1.032

1.032

12.4

108

90
41
492

92
27
436

295
20
364

77
20
300

92
42
255

20.1
13.7
10.3
7 0

20.1
13.6
10.3
.513
68

20.2
13.6
210.5
.419
2
68

20.2
13.5
10.1
.504
6 6

20.2
13.3

7.2

20.1
13.8
12. 5
.501
2
85

1.070

1.065

1.040

1.040

1.040

1.039

16.8

12.4

11.6

5.3

62
549

2

516

1,934

2,035

13.8

262
44
26.2
25.0

12.1

12.7

12.3

9.9

2114

160
308

2

55
(6)

19.2
22.5
2

55
1
19.6
22.2

110

95
150
493

20.0
13.1

'19.9

19.9
13.1

.431

5.6

212.2
'.488
2
7 9

12.4

13.8

13.2

5.3

5.6

9.9

.495

6.5

8.6

170
460

' 13.0

9.8
491
6 4

1,709

12.1

5.2

5.3

5.0

4.9

5.2

5.2

5.3

6.8

5.4

5.1

5.0

.35

.40

.42

.42

.41

.42

.42

.40

.42

.44

.41

.40

.40

.43

Exports, raw cotton equiv.*
thous. bales..
268.1
Imports, raw cotton equiv.*
do
527.0
Mill margins:*
Carded yarn cloth average
cents per lb.. 37.75
Combed varn cloth average
do
75.60
Blends (65% polvester-35% cotton)
do .__ ? 61. 45
Prices, wholesale:
Print cloth, 39 inch, 68 x 72_. cents ner yard-- 4
Sheeting, class B, 40-inch, 48 x 44-48
do
18. 4

256.0
555.3

21.9
53.4

17.7
42.8

24.1
48.3

22.7
40.0

17.6
42.8

17.9
38.0

20.5
53.6

29.8
54.3

17.5
48.6

25.5
43.8

21.5
35.6

8.0
15.9

15.4
29.2

37.73
s 93. 25
64.40

35.36
86.41
73.54

36.13
90.48
65.97

36.77
91.98
63.25

37.30
92.91
63.85

37.73
94.40
62.84

38.00
3 90. 13
63.69

37.85
90.58
64.04

38.10
91.72
62.24

39.03
93 31
60.31

40.80
95.20
60.51

42.02
42.53
98.55 3109. 27
60.68
58.60

43.08
109. 24
55.01

17.0
19.0

17.0
19.0

17.0
18.9

17.0
18.9

17.0
18.4

17.3
18.4

17.5
18.4

17.5
18.4

17.5
18.4

17.8
18.4

MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. total
mil. Ib
Filament varn (ravon and acetate)
..do. .
Staple, inel. tow (ravon)
_
do
Noncellulosic, except textile glass:
Yarn and monofilaments
do
Staple, incl. tow
do
Textile glass
fiber
do

5, 131. 4
805.2
739.1

1,211.2
198.3
183.3

'1,228.9
183.3
176.7

1,300.9
204.7
180.4

1, 390. 4
218.9
198.7

1 213 9 1 649.5
1 119 8 1 538 0
399 6
308 8

374.9
365 8
88 9

409.7
359 6
99 6

422.5
391 5
101.8

442.4
421.1
109.3

3, 980. 6
734.7
603.4

Exports: Yarns and monofilaments
thous. lb-_ s 88, 831 96, 390
Staple, tow, and tops
do _ _ 78, 293 108, 253
Imports: Yarns and monofilaments
do
28, 194 s 59, 303
Staple, tow, and tops _ _
do
s 149, 672 217, 707
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
mil. Ib
59.4
51 7
Staple, incl. tow (ravon)
_ __
do
59.0
43 8
Noncellulosic fiber, except textile glass:
Yarn and monofilaments
do
194.3
138 7
Staple, incl. tow
do
210.9
142.4
Textile glass
fiber
do
44 2
40 4
Prices, manmade fibers, f.o.b. producing plant:
Staple: Polyester, 1.5 denier
$ per Ib
Yarn: Rayon (viscose), 150 denier
do
Acrylic (spun), knitting, 2/20, 3-6 D* do
Manmade fiber and silk broadwoven fabrics:
Production (qtrly.). total 9
-.mil. lin. vdFilament yarn (100%) fabrics?
do
Chiefly rayon and /or acetate fabrics
do
Chiefly nvlon fabrics
do
Rayon and/or acetate fabrics and blends
do
Polyester blends with cotton
do
Filament and spun yarn fabrics (combinations
and mixtures)
mil lin yd
WOOL
Wool consumption, mill (clean basis):
Apparel class
Carpet class
Wool imports, clean yield
Duty-free (carpet class)
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, 3/6 blood
Australian, 64s, 70s, good topmaking

mil Ib
do
do
do
$perlb_do
do

WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price
1957 59 — 100
Wool broadwoven goods, exc. felts:
Production (qtrly )
mil lin yd
Price (wholesale), suiting, flannel, men's and
boys', f.o.b. mill
1957-59 = 100._

8,661
8,445
4,456
19, 519

.61
.82

66
81

1.41

1.52

7,205
7,944
3,953
20, 668

7,910
9,100
4,579
20, 250

8,011
9,134
5,650
14, 474

8,516
9,381
5,584
15, 165

8, 509
8,583
5,485
17, 480

8,396
9,185
6,124
18, 376

5,573
6,200
4,026
16, 599

8,812
10. 040
3,614
15, 804

8,486
11, 798
4,937
19, 925

40 7
51.3

33 9
47.2

49.1
52.4

59.4
59.0

134 9
159.7
37 2

154.6
158.8
41 5

168.3
183.4
44.4

194.3
210.9
44.2

.61
.84

.61
.82

1.42

1.42

.61
.84

.61
.85

1.43

1.43

.61
.87
1.43

.61
.88

.61
.87

61
.88

1.43

1.43

1.42

1,310.5
460.1
203 1
88 0
(\T7 7

'1,281.1
' 445. 5
' 178. 8
'89.9
r (572 2

1, 378. 1
474.8
194.5
96. 7
731 1

680.2
1, 734. 0

178 0
408.8

173.5
430.6

' 158. 6
r 432. 3

170.1
462.3

412 5

451.4

112 7

117.8

' 106. 5

114.4

228
83
187
78

238
91
249
119

7
9
3
2

1.215
.910
1.153

3
4
4
6

1. 207
840
1.180

92 6
238 6

101.7

fi40 fi

19
7
23
9

7
5
5
0

19
7
21
7

4
2
7
7

2

24 9
2g 8
22.8
10.0

19 3
7 2
21 2

8.2

19
7
19
10

8
2
0
3

2

19 9
7 4
25 3
14.0

19.0

9.7

17 8
71
20 6
12.5

2

7.2

19.2

1.165
.825
1.175

1.178
.825
1.175

1.190
.825
1.175

1.208
.820
1.175

1.220
.820
1.175

1.220
.820
1.175

1.220
.850
1. 175

88 8

89 9

90 2

90 7

90 7

91 0

91 7

68 8

62 0

245 1

100.5

100.5

100.5

100.5

2

7.6

9.2
2.7

1.245
.880
1.195

1.245
.880
1.195

'1.239
.880
1.195

17 0
7 i
16 4

16.3
6 7
18 1

1.210
.840
1.175

1.215
.864
1.191

1.245
.880
1.195

91 8

92 4

93 4

r 56 7

9.0

2

22. 7
9. 6
10.9
'3.1

5
8
7
2

22
8
17
9

2

4,237
6,807
2,900
5,767

61
.88

1,284.7
465.4
210 4
86 5

600 2
1, 184. 8

5,231
' 5, 497
2,416
4,804

42.92
107 86
55 15

1.42

4, 239. 3 5, 254. 4
1, 620. 4 1,845.8
786.8
754 0
361. 1
324 2
1 080 O 2 730 Q

2
3
'Revised.
'Season average.
For 5 weeks, other months, 4 weeks.
Beginning
July 1968, average omits one cloth (July 1968 margins comparable with earlier data, 95.52
cents per pound); beginning Jan. 1969, the average omits two cloths previously included
4
5
(Dec. 1968 margins comparable with new data, 107.87 6cents).
For 10 months.
Re7
vised total; revisions not distributed by months.
Less than 500 bales.
Avg. for 5
months, Aug.-Dec.
8 Avg. for 6 months, July-Dec.
IFor the period Sept. 1967-Feb. 1968, 14 markets; beginning Mar. 1968, 12 markets.




8,156
12, 338
5,921
16, 848

20.5
22 1

2

1.220
.858
1.195

57 6

101.1
101.1
101.1
100.8
101.1
101.1
*New series. Beginning Aug. 1966, mill margins refer to weighted averages of about 70 types of
unfinished carded yarn cloths and to simple averages of 5 to 8 combed yarn cloths and of 3
polyester-cotton blends; no comparable data prior to Aug. 1966 are available.
Exports and
imports of cotton cloth (U.S. Dept. Agriculture) available beginning July 1959; spun yarn
price (BLS), beginning Jan. 1965.
Q Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

S-40
1967

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

April 1969
1969

1968

1968

Annual

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

16, 587

18, 235

Feb.

Mar.

TEXTILE PRODUCTS—Continued
APPAREL
Hosier v, shipments. _
Men's apparel, cuttings:
Tailored garments:
Suits
-_
Overcoats and topcoats

thous. doz. pairs
._

18, 197

19, 151

17, 107

18, 022

19, 828

18, 331

19, 858

19, 536

21, 632

20, 631

1,716

1,848

1,854

1,810

1,869

363

318

1,856

1,836

426

1,783

1,272

365

13, 726 ' 14, 036 1,151
138, 571 ' 158, 353 12, 838

1,188
13 237

1,263
13, 799

1,256
14, 841

1,172
13, 828

' 24, 038 2,201

2,170

2,118

2,109

569
303

579
308

514
295

555
268

1 449
1,209
27 376 28, 394
1,060'
622

223,482

19, 719

thous. units
do

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
Women's, misses', juniors' outerwear, cuttings:
Coats _
thous. units
Dresses
_____
do
Suits
do
Blouses, waists, and shirts
Skirts

thous. doz
do

4,770

22, 835

7,464
4,042

225, 553
r

21, 710
' 4, 141

290

'r 6, 945
3, 310

22, 414 ' 21, 370 2,098
279, 864 ••270,257 25,047
7 983 '8 152
989
' 15, 095
14,064 r
1,336
7 845
8 548
628

297

1,466

660

1,410

408

420

2,352
395

12, 079

1,208
14,418

1,074
13,417

1,367
14, 594

2,061

1,716

1,992

1,858

2,312

1,982

660
265

416
214

544
259

676
268

629
340

691
287

1,588
24,049
526

1,749
21, 034

1,865
19, 136

2,108
21, 334

2,051
19, 892

532

2,222
22, 984

646

1,455

1,271

1,142

1,201

1,148

1,389

649

714

643
742

793

659

854

788

645

622

773

304

' 1, 620 2,135
''244
251

1,292 '1,028
1,364
13, 214 ' 10, 350 13, 425
' 1, 601 2,102

••632
'228

668
299

1,899 r 1, 362
1,762
19, 371 ' 17, 261 20, 590
514
'492
650
1,205

545

'915
'385

1,165

390.0
6,264
132.4

338.3
5,861
133.4

153 8

976.5
933.3
815.4
782.1
161.1
151.2

864.7 2 936. 6
825 0
707.4 2 761 1
677 4
157 3 2 175 5
147 7

664

TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders, new (net), qtrly. total
mil $
U.S. Government.
do
Prime contract
__
do
Sales (net), receipts, or billings, qtrly. total --do
U.S. Government—
do

26 900
18 538
24, 423
23, 444
16 334

16,633

i 6, 321
14 156

6,731
3,881
6,226
6,221
3,989

6,916
5,506
6,360
6,398
4,181

Backlog of orders, end of period 9 _ _
do
U.S. Government.
do
Aircraft (complete) and parts__.
do
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, prppulsion units, and parts
mil. $
Other related operations (conversions, modifications), products, services .._
mil $

30, 936
17 950
16 401
4 252

130,262
U6 057
U6,813
14 192

30, 589
15, 768
17,938
3 916

31,202
17, 236
17, 214
3,765

Aircraft (complete):
Shipments ©
Airframe weight ©
Exports-

do
thous. Ib
mil. $

i 7 244
13 640

5,704

14,708

4,007

5,254

2,810

i 2 759

2,827

2,854
337.7
5,782
53.5

2, 981. 5 '4 355 1 354 6
56, 739 ' 76, 202 6,359
786.5 1 403 1 145 6

357.0
6,671
78 7

373.4
6,858
115.4

391.4
6,931
130 2

339.5
5,831
125.8

406.8
6,931
117.6

340.3
6,005
121.7

311.6
5,668
94.1

8, 976. 2 10, 718. 2
847.6
8, 484. 6 10 172 2
801 4
7, 436. 8 8 822 2
703 2
7 070 2 8 407 1
668 2
1,539 5 1 896 1 144 3
1, 414. 4 1 765 1 133 2

968.0
917 7
800.7
764 0
167 3
153 7

941.7 1, 103. 5
895.8 1 051 6
782.7
916.9
747.8
876 2
159.0
186 6
147.9
175.4

990.1
945.8
813.7
781.6
176.4
164.3

773.1
744.8
624.6
605.4
148.5
139.4

292.1
274.7
193.1
182.6
99.0
92.1

816.9 1, 125 .2 1, 040. 7
984.3
769.4 1, 065 .2
935.2
876.6
656.4
889.5
831.0
620.0
164.1
190.0
160.5
175.8
153.3
149.4

881.9
832.2
732. 1
693.7
149.8
138.5

' 414. 9
' 6, 859
160.7

MOTOR VEHICLES
Factory sales, total
Domestic
Passenger cars, total
Domestic
Trucks and buses, total
Domestic
Exports:
Passenger cars (new), assembled. _ _
To Canada*
...
Trucks and buses (new), assembled

thous__
do
do
do
do
do

330. 46
286 78
92.03

29.34
25 29
7.29

30 92
27 99
7.63

29.90
25.65
8.40

30.19
27 62
7.82

26.12
23.22
6.84

15.35
13.63
6.07

8.29
6.86
5.41

27.71
23.60
8.84

30.32
26.24
7.83

36.28
30.79
10.03

30.96
26.00
9.67

do
do
do. _

1, 020. 62 31,620.45
323 55 s 500 65
75.07 3 114.65

121.37
31 22
9.74

112.32
34 12
8.09

117.33
34.32
6.20

157. 10
49.07
6.93

139. 11
50.91
9.93

139. 32
32.25
8.70

97.25
13.68
3.58

126. 02
42.57
10.50

143. 10
54.54
13.60

154.81
55.67
13.95

164.36
51.65
11.99

106.32
50.21
12.84

Shipments, truck trailers:
Complete trailers and chassis
number
Vans
.
.do
Trailer bodies and chassis (detachable), sold
separately
._
number

96, 539 P113, 928
59, 147
75, 148

8,881
5,713

10, 207
6,775

9,814
5,899

10,918
7,188

8,942
5,676

8,891
5,529

9,526
6,439

9,544
6,475

9,980
7,036

9,701
6,774

9,685
6,616

9,901
6,741

27 497

33 761

2 192

2 181

2,165

1 956

2,532

2,392

2,308

3,703

3,769

3,966

4,534

1,605

8,357.4
3 779 2 3 985 8
3 i 518 4 si 775 6

°604. 6

725.0
75 5
131 7

879 O

744 4

o 82 4
161 6

o 78 4
149 6

o 78 0
145 9

o 79 5
161 9

o 81 7
150 9

705 3
94 7
148.5

880 3
103.8
170 3

757 0 4 977 g
4
84.2
97. 6
140.3 * 185. 5

657 6
63.4
133.2

« 607. 5
"53.4
* 124. 5

56 232

5 754

5 712

5 774

4 994

4 408
2 798
i R80

3 499
2 476
1*023

3 760
2 488

4,448
3 062
1 386

4,533
3 319
1 214

4,097
2 670
1 427

4,536
3 706
830

4,482
3 853
629

5,205
4,439
766

3 233
3 1 Q7

2,789
2 586
203

3 155
3 noo

123

4,323
4 2^3
100

9,793
6 775
3 018

9,630
7 830
1 800

9,356
7 039
2 317

7,768
4 340
3 428

3,650
3,145
505

.. .. do
do
do

Imports:
Passenger cars (new), complete units
From Canada*
. . .
Trucks and buses, complete units

Registrations (new vehicles) : O
Foreign cars
Trucks (commercial cars)

280. 58
236 64
82.24

3

do
do

a

g2 1

°110 9

25.73
23 56
' 24. 75 20 77
55.72
6.59
121. 48
48 17
8.23

RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
<4 p
h
uidrCiurers, total
New orders
Railroad shop^ domestic
Unfilled orders end of Deriod
Equipment manufacturers total

number
uo
do

83 095

17 971

53 703

3 63 561

5 527

do
do
do

Freight cars (revenue), class 1 railroads (AAR):§
Number owned end of period
thous
Held for repairs % of total owned
Capacity (carrying), aggregate, end of period

14 276

1 489

24 540

1

no

-I e

4^8

5 2

51
QO

00

70 A

o one
9 9.7Q

3 860
3 OO/1

3 294
9 *»O9

4.80

7Q9

99 Q0,0,

90 °ifi4

1(J

00-1

17 810

11 894

10 862
9 en9

10 496

10 969
6 841

16 948
10 977
5 Q71

16 261
11 439
4 899

16 229
12, 693
3 536

21 400
16, 060
5 340

26 939
21, 226
5 713

31 740
24,540
7 200

34 994
24, 995
9 999

33, 439
23, 701
9 738

4.78

1 476
5 2

1 473
5 2

1 473
5 2

1 470
52

1 467
5 4

1 466

1 463

1 461

1 4,58

1 456

1,455

5 2
CK

Q°. ^7

93 88
93 82
93 91
93 83
93 84
93 72
93 66
93 6^
93 68
64.54
64.34
64.50
64.12
64 .'23
63.90
63.75
63.84
63.55
63.66
9 Total includes backlog for nonrelated products and services and basic research.
© Data include military-type planes shipped to foreign governments.
*New series;
source, Bureau of the Census.
O Courtesy of R. L. Polk & Co.; republication prohibited.
§Excludes railroad-owned private refrigerator cars and private line cars.

1

12 469

1

4.78

1

53
no A-I

QO

Average per car
ton<=
63.30
63.40
64.34
62.85
63.18
r Revised. l Beginning 1st quarter 1968, value of new orders and backlog refers to orders
on a funded order basis for Government contracts and on binding legal documents (or equivalent) for commercial business. Revised 4th quarter 1967 figures, comparable with funded
data
beginning 1st quarter 1968 (mil. dol.): Total net new orders 7,428; total backlog, 29,339.
2
Preliminary estimate of production. 3 Annual total includes revisions
not distributed
5
by months.
* Includes delayed registrations for seven States.
Beginning Jan. 1969,
data exclude vehicles on runners and skis.
« Omits data for 1 State.




2

088

4 057
2 fiSfi
1 371

OR

no on

1 979

5.4

5.2

5.2

5.2

5.2

5.2

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade

1-7
7-9
9,10
10-12

Labor force, employment, and earnings
Finance
Foreign trade of the United States
Transportation and communications

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
25,26
26-30
30

Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products

31
31-34
34,36
36,37

Rubber and rubber products
Stone, day, 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
4,6,7,40
Alcohol, denatured and ethyl
25
Alcoholic beverages
11,26
Aluminum.
33
Apparel
1,3,4,8,9,11-15,40
Asphalt and tar products
35,36
Automobiles, etc
1,3-9,11,12,19,22,23,40
Balance of international payments
2,3
Banking
16,17
Barley
27
Battery shipments
34
Beef and veal
28
Beverages
4,8,11,22,23,26
Blast furnaces, steel works, etc
5-7
Bonds, outstanding, issued, prices, sales, yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials
7-8,
10,31,36,38
Building costs
10
Building permits
10
Business incorporations (new), failures
7
Business sales and inventories
5
Butter
26
Cattle and calves
28
Cement and concrete products
9,10,38
Cereal and bakery products
8
Chain-store sales, firms with 11 or more stores...
12
Cheese
26
Chemicals
4-6,8,13-15,19,22-25
Cigarettes and cigars
30
Clay products
9,38
Coal
4,8,22,34,35
Cocoa.
23,29
Coffee
23,29
Coke
35
Communication
2,19,24
Confectionery, sales
29
Construction:
Contracts
9
Costs
10
Employment, unemployment, hours, earnings.. 13-15
Fixed investment, structures
1
Highways and roads
9,10
Housing starts
10
New construction put in place
9
Consumer credit.
17,18
Consumer expenditures
1
Consumer goods output, index
3,4
Consumer price index
7,8
Copper
33
Cora;;
27
Cost of living (see Consumer price index)
7,8
Cotton, raw and manufactures
7,9,22,38,39
Cottonseed cake and meal and oil
30
Credit, short, and intermediate-term
17,18
Crops
3,7,27,28,30,38
Crude oil and natural gas
4,35
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




3,7,8,26,27
16
18
11,12
16,17,19
16
26
2,3,18-21
11,12

Earnings, weekly and hourly
Eating and drinking places
Eggs and poultry
Electric power
Electrical machinery and equipment

14,15
11,12
3,7,28,29
4,8,25,26
4-8,
13-15,19,22,23,34
Employment estimates
12-15
Employment Service activities
16
Expenditures, U.S Government
18
Explosives
25
Exports (see also individual commodities).... 1,2,21-23
Express operations
23
Failures, industrial and commercial
7
Farm income, marketings, and prices
2,3,7,8
Farm wages
15
Fats and oils
8,22,23,29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8,25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28,29
Food products
1,4-8,11-15,19,22,23,26-30
Foreclosures, real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment
34
Freight cars (equipment)
4,40
Fruits and vegetables
7,8
Fuel oil
35,36
Fuels
4,8,22,23,34-36
Furnaces
34
Furniture
4,8,11-15
Gas, output, prices, sales, revenues
Gasoline
Glass and products
Glycerin
Gold
Grains and products
Grocery stores
Gross national product
Gross private domestic investment
Gypsum and products

4,8,26
1,35
38
25
19
7,8,22,27,28
11,12
1
1
9,38

Hardware stores
11
Heating equipment
9,34
Hides and skins
8,30
Highways and
roads
9,10
Hogs
28
Home electronic equipment
8
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
Hotels
24
Hours of work per week
14
Housefurnishings
1,4,8,11,12
Household appliances, radios, and television sets.
8,11,34
Housing starts and permits.
10
Imports (see also individual commodities)
1,22,23
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
Instruments and related products
4-6,13-15
Insurance, life
18,19
Interest and money rates
17
Inventories, manufacturers* and trade
5,6,12
Inventory-sales ratios
5
Iron and steel
4,5-7,9,10,19,22,23,31,32
Labor advertising index, strikes, turnover.
16
. 12,13
Labor force
28
Lamb and mutton
28
Lard
33
Lead.
Leather and products
4,8,13-15,30
Life insurance
18,19
Linseed oil
30
Livestock
3,7,8,28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit)
10,16,17,18,20
Lubricants
35,36
Lumber and products
4,8,10-15,19,31
Machine tools
34
Machinery
4,5-8,13-15,19,22,23,34
Mail order houses, sales
11
Man-hours, aggregate, and indexes
14
Manmade fibers and manufactures.
9,39
Manufacturers* sales (or shipments), inventories,
orders
4-7
Manufacturing employment, unemployment, production workers, hours, man-hours, earnings.. . 13-15
Manufacturing production indexes
3,4
Margarine
29
Meat animals and meats
3,7,8,22,23,28
Medical and personal care
7
Metals
4-7,9,19,22,23,31-33
Milk
27
Mining and minerals
2-4,9,13-15,19
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates
10,16,17,18
Motor carriers
23,24
Motor vehicles
1,4-7,9,11,19,22,23,40
Motors and generators
34

National defense expenditures
1,18
National income and product
1,2
National parks, visits
24
Newsprint
23,37
New York Stock Exchange, selected data
20,21
Nonferrous metals
4,9,19,22,23,33
Noninstallment credit
17
Oats
27
Oil burners
34
Oils and fats
8,22,23,29,30
Orders, new and unfilled, manufactures'
6,7
Ordnance
13-15
Paint and paint materials
Paper and products and pulp.

8,25
4-6,
9,13-15,19,23,36,37
Parity ratio
7
Passports issued
24
Personal consumption expenditures
1
Personal income
2,3
Personal outlays
2
Petroleum and products
4-6,
8,11,13-15,19,22,23,35,36
Pig iron
32
Plant and equipment expenditures
2,20
Plastics and resin materials
25
Population
12
Pork
28
Poultry and eggs
3,7,28,29
Prices (see also individual commodities)
7-9
Printing and publishing
4,13-15
Profits, corporate
2,19
Public utilities
2-4,8,9,13,19-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
9
Radiators and convectors
34
Radio and television
4,10,11,34
Railroads
2,15,16,19,20,21,24,40
Railways (local) and bus lines
23
Rayon and acetate
39
Real estate
10,17,18
Receipts, U.S. Government
18
Recreation
8
Refrigerators and home freezers
34
Rent (housing)
7
Retail trade
5,8,11-15,17,18
Rice
27
Roofing and siding, asphalt
36
Rubber and products (inch plastics)
4-6,
9,13-15,23.37
Saving, personal
Savings deposits
Securities issued
Security markets
Services
Sheep and lambs
Shoes and other footwear
Silver
Soybean cake and meal and oil
Spindle activity, cotton
Steel (raw) and steel manufactures
Steel scrap
Stock prices, earnings, sales, etc
Stone, day, glass products
Stoves and ranges
Sugar
Sulfur
Sulfuric acid
Superphosphate

2
17
19,20
20,21
1,7,13
28
8,11,12,30
19
30
39
31,32
31
20,21
4-6,8,13-15,19,38
34
23,29
25
24
25

Tea imports
29
Telephone and telegraph carriers
24
Television and radio
4,10,11,34
Textiles and products.... 4-6,8,13-15,19,22,23,38-40
Tin
33
Tires and inner tubes
9,11,12,37
Tobacco and manufactures
4-6,9,11,13-15,30
Tractors
34
Trade (retail and wholesale)
5,11,12
Transit lines, local
23
Transportation
1,2,8,13,23,24
Transportation equipment
4-7,13-15,19,40
Travel
23,24
Track trailers
, 40
Tracks (industrial and other)
34,40
Unemployment and insurance
U.S. Government bonds
U.S. Government
Utilities
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Veterans* benefits
Wages and salaries
Washers and driers
Water heaters
Wheat and wheat flour
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.

12,13,16
16-18,20
finance
18
2-4,9,13,19-21,25,26
34
U,12
29,30
7,8
16,18
2,3, 14,15
34
34
28
8,9
5,7,11, 13-15
36
9,39
33

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