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APRIL 1970 / VOLUME 50 NUMBER
4
SURVEY OF
CURRENT BUSINESS
APRIL 1970 / VOLUME 50 NUMBER
SURVEY OF CURRENT BUSINESS
CONTENTS
THE BUSINESS SITUATION
U.S. Department of Commerce
Maurice H. Stans / Secretary
Roceo C. Siciliano / Under Secretary
Harold C. Passer / Assistant Secretary
for Economic Affairs
Summary
National Income and Product Tables
1969 GNP by Major Industry
State Personal Income in 1969
11
14
ARTICLE
Alternative Estimates of Fixed Business Capital
in the United States, 1925-1968
Office of Business Economics
George Jaszi / Director
Morris R. Goldman / Associate Director
Lora S. Collins / Editor
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics
STAFF CONTRIBUTORS TO THIS ISSUE
18
Business Review and Features:
Donald A. King
William M. Eisenberg
Robert B. Bretzfelder
Article:
Robert C. Wasson
John C. Musgrave
Claudia Harkins
CURRENT BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index (Inside Back Cover)
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the BUSINESS SITUATION
The slowdown in economic activity
continued in the first quarter, as the
Nation's output of goods and services
rose only $8J4 billion. The increase was
attributable to price rises and real output—GNP adjusted for price changes—
declined \% percent at an annual rate.
ECONOMIC
activity continued to
decelerate in the first quarter of this
year. Measured in real terms, the
Nation's output of goods and services
declined $3 billion or 1% percent at an
annual rate. The rise in prices was
unabated: the implicit price deflator
rose at an annual rate of almost 5 percent, an increase slightly larger than in
the closing quarter of last year. In
current dollars, GNP rose $8% billion
to a seasonally adjusted annual rate of
$960% billion, following an increase of
$9H billion in the fourth quarter and an
average gain of $17 billion in the first
three quarters of 1969.
The first quarter expansion in final
sales about matched that of the preceding quarter. On the basis of preliminary information, however, the rate of
inventory investment is estimated to
have declined significantly.
Price pressures still strong
The slackening of demand since last
summer has yet to register any significant impact on prices in consumer markets. Indeed, the January-February
rise of the seasonally adjusted consumer
index averaged 0.6 percent per month,
up from a monthly average of 0.5 percent in the fourth quarter. Persistently
rising costs are putting strong upward
pressure on prices, but despite the rise
of prices there is every reason to believe
that profit margins have been squeezed
further during the opening quarter of
this year.
Although the evidence to date does
not indicate abatement in the rise of
the overall consumer index, there has
been some indication recently of a
modest shift in the composition of the
increase. The seasonally adjusted index
for nonfood commodities—which account for some 40 percent of the overall
index—rose barely at all in February,
and the increase in the first 2 months
of the year averaged less than 0.2
percent, compared with 0.4 percent in
the fourth quarter. The food price
index, which tends to be rather erratic,
also rose more slowly in the early
months of this year. The rise of overall
consumer index did not decelerate,
however, because the price increase
for services speeded up—to an average
0.8 percent in January-February from
0.5 percent in the fourth quarter.
Nevertheless, because a slowdown in
economic activity could be expected to
register an impact first on nonfood
commodities, the recent shift in the
composition of the consumer price rise
may foreshadow some deceleration in
the overall index.
In wholesale markets the price picture has been more encouraging. The
rise in the wholesale index slowed
noticeably in the past 2 months—to 0.3
percent in February and 0.2 percent in
March, down considerably from the
average of nearly 0.6 percent in the
preceding 3 months. In large part, the
slowdown reflects a deceleration in the
rise of industrial commodity prices.
The increase for machinery and equipment has tapered and there have been
CHART 1
GNP rose $ 81/4 billion in the first quarter
Billion $
30
20 -
10 -
Growth of FINAL SALES was little changed,
30
20 -
while INVENTORY INVESTMENT declined
U
-20
REAL OUTPUT decreased 11/2 percent.
Percent
10
TJ
while PRICES rose 5 percent
10
5 -
1967
1968
1969
1970
Change From Previous Quarter,
Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics
70-4-1
SUEVEY OF CUEEENT BUSINESS
declines in prices of rubber and lumber
and wood products. Prices for farm
products and processed foods and feeds
are often subject to erratic fluctuations;
after seasonal adjustment, however, the
index for farm products averaged lower
in the first 3 months of this year than
in the closing 3 months of 1969, while
prices for processed foods and feeds
were little changed.
Final sales in the first quarter
Although broadly based, the weakness in business activity has been
heavily influenced by developments in
the auto industry. The slide in dealer
sales of domestic-type models, which
began last fall, gathered momentum in
the first quarter. Sales in the quarter
were 7.5 million units at a seasonally
adjusted annual rate, down from 8.2
million in the fourth quarter and 8.5
million in the third. Lower unit sales
and some reduction in average cost per
car had a substantial impact on first
quarter GNP. Consumer spending for
autos fell $3 billion, to a seasonally
adjusted annual rate of $29% billion,
and business outlays—part of investment in producers7 durables—were off
$y2 billion.
Total personal consumption expenditures rose $11 billion in the first quarter,
a somewhat stronger showing than the
$9% billion rise in the fourth. Spending
for durables declined, reflecting the
weakness in auto buying, but spending
for nondurables, especially for food,
took a very large jump; consumption of
services continued its steady expansion.
The overall rise in consumer spending
was about in line with the gain in disposable income, and the saving rate, at
6% percent, was unchanged from the
closing quarter of last year.
Business fixed investment outlays
also rose somewhat more in the first
quarter than in the fourth. Expenditures for durable equipment were up
only about $% billion, much less than
in the preceding quarter, but there was
a modest rise in the structures component following a decline in the fourth
quarter. A large part of the growth in
fixed investment simply reflected higher
prices.
Net exports added about $1 billion to
the output advance in the first quarter
after showing no change in the fourth.
The growth of both exports and imports accelerated: exports showed a
sizable gain of about $2 billion despite
the deceleration of economic activity in
industrial countries abroad, and imports rose about $1 billion. The size of
the estimated import gain is a bit surprising in view of the sensitivity of
imports to the pace of domestic economic activity.
The modest acceleration in the
growth of consumption, fixed investment, and net exports was largely
outweighed by the weaker behavior of
the other major components of final
demand—residential investment and
government purchases. Eesidential investment, which had been essentially
unchanged in the fourth quarter, fell
$1% billion—reflecting the steep declines
in housing starts in the late months of
last year and January of this year.
Eecently, however, the starts rate has
strengthened. After a very weak showing in January, the seasonally adjusted
annual starts rate in February and
March averaged a bit more than 1.3
million units, about the same as the
fourth quarter average.
Although the growth of State and
local government purchases speeded up
in the first quarter, that was largely
offset by an accelerated decline in
Federal purchases. Federal nondefense
outlays were down modestly but defense
spending dropped sharply—by nearly
$2 billion, following a $1 billion decline
in the fourth quarter.
March developments
The contraction of industrial output,
as measured by the Federal Eeserve
index, appears to have halted in March.
Following 7 months of decline, the
index is estimated to have risen just
enough in March to offset the small
drop in February. The aggregate output
of nondurable goods drifted slightly
lower, but durables output rose, as did
oil production. One factor contributing
to the increase in durable goods production was a further recovery in electrical
machinery output from the low levels
reached during the major strike in that
industry. March also saw upturns in
other durable goods industries, including steel and autos. Auto assembly rates
April 1970
had been sharply curtailed through the
winter as the industry sought to achieve
a better balance between inventories
and sales, and dealers' stocks declined.
Current evidence suggests that April
will show a further recovery in the
seasonally adjusted rate of auto
assemblies.
The number of workers on manufacturers' payrolls declined further in
March, with small reductions reported
by a broad range of industries in both
the durables and nondurables sectors.
The only significant rise was in the
transportation equipment industry,
where the pickup in auto production
resulted in the recall of some workers
who had been on layoff in February.
The average factory workweek recovered most of the sharp February drop,
but remained quite low relative to the
figures prevailing through most of 1969.
Factory employment in March, at
19.8 million, was down 500,000 from the
peak last August. The nondurables industries showed a mixed pattern of
small changes up and down, but
virtually every durables industry had
a decline. By far the largest cut—some
300,000 jobs—was in transportation
equipment, reflecting declines for both
auto and aircraft producers. Employment cutbacks in the aerospace industry
and other defense-related areas have
included significant numbers of white
collar workers, contributing to a very
substantial rise since late last year in
unemployment among professional and
technical workers.
Employment in trade also declined
in March, seasonally adjusted, as retailers took on relatively few workers
for the Easter selling season. Modest
increases were generally reported for
other private sectors but the month's
largest advance was in government
employment—the result of Federal
hiring of temporary workers for the
Census.
As estimated from the monthly
household survey, the actual number of
persons unemployed was unchanged in
March—a month in which there is
generally a large seasonal decrease. The
resulting rise in unemployment, seasonally adjusted, was concentrated
among adults—especially women—
(Text continued on page 11)
SURVEY OF CURRENT BUSINESS
April 1970
CHART 2
* Slowdown in economic activity continued in first quarter—Real GNP down 11/2 percent at an annual rate
* In March: Unemployment continued to rise, reaching 4.4 percent—Nonfarm payroll employment unchanged
9
Wholesale prices rose at a slower pace—up about 2 percent at an annual rate
TOTAL PRODUCTION
PRICES
THE LABOR MARKET
Billion $
1,000
Million Persons
83
Percent
CIVILIAN LABOR FORCE AND
EMPLOYMENT*
X
'
81
950 -
Labor Force
900
79
850 -
77
Employment
75 I/I l I l I I I l I l I I I I I I l I l I I I I I l I I I I I i I I I
800
Quarterly (l)
Monthly (Mar.)
Billion $
BLS
Quarterly (1)
Percent
1957-59=100
135
40
UNEMPLOYMENT RATE*
130 -
Total
125 -
Married Men
10
120 -
1 I 1M I I i I I I I I M I I M I I I I M I I I M I I M I M
Quarterly (l)
Monthly (Mar.)
Billion $
BLS
Million Persons
76
800
72
Total
700
Billions
1957-59=100
120
NONFARM ESTABLISHMENTS
(Employees)
CONSTANT DOLLAR (1958) GNP*
750
Monthly (Feb.)
Inventory Change
WHOLESALE PRICES
115
Employment*
(left scale)
68
140
HO
64
130
105
Industrial Commodities
Final Sales
650
600 I
I
I
I
I
I
I
I
I
I
I
Quarterly (l)
I
60 I i l I I I I I l l i I 1 I I l l I I l l l I I I l I I l l I I I l I I I 120
Monthly (Mar.)
QBE
Percent
Hours
12
45.0
J.4U
40.0
120
^^
-
- 3.00
110
37.5
IJ^r^
QBE
Quarterly (l)
* * Seasonally Adjusted at Annual Rates
1 1 1 1 1 1 1
1968
x-^fS/x
1 1 1 1 I 1 M
s**/
x**-/^N"-""
-
,/'
f\ f
/*/v
N
-^», ^^^
_ 2.80
11 1 1 1 1 1
1969
Monthly (Mar.)
1 1 M 1 1 1 1 1 1 I
1970
BLS
2.60
_
100
^W
Farm Products
90
i 111 111 11 ii
HI 1 1 1 1 1 1 M
1 1 1 ! 1 1 1 1 1 1 1
1969
1970
Average Weekly Hours*
(left scale)
1970
r-
Processed Foods f^r^
and Feeds \^/
r-<
35.0
* Seasonally Adjusted
3.20
Average Hourly Earnings ^ ^
(right scale) v /
-4
Digitized for
U.S. FRASER
Department of Commerce, Office of Business Economics
1957-59=100
WHOLESALE PRICES
42.5
BLS
IJU
PRODUCTION OR NONSUPERVISORY WORKERS
(PRIVATE)
I Illll
1969
Monthly (Mar.)
Dollars
CONSTANT DOLLAR (1958) GNP**
(Change From Previous Quarter)
1968
100 I l i i i i I i i i i i I i i l I l I l l I I l I i I l l I I i i l i
BLS
1968
Monthly (Mar.)
BLS
SUKVEY OF CURRENT BUSINESS
April 1970
* In March: Personal income rose $4 billion, matching the February rise
*
New car sales down 3/4 million units
• In the first quarter, consumer spending rose $11 billion, somewhat more than in the fourth quarter
INCOME OF PERSONS
CONSUMPTION AND SAVING
Billion $
850
Billion $
650
100
PERSONAL CONSUMPTION EXPENDITURES**
PERSONAL INCOME**
800
—
—
^
.S^
750
FIXED INVESTMENT
Billion $
600
-
—
^^
^^
^
550
75
~
-
50
-
25
^o
700
r
s'
^s
^^
-
500
Producers1 Durable Equipment**
—
11111111 11 1 11 11111111
iiii11ii iii
Monthly (Mar.)
i
i
Billion $
35
.T n£ri-"Ma>M1
/
Residential Stru ctures**
500
450
1 1 f f.l 1 1 1 I M
1
1
i
0
-
-
1 1 1 1 1 1 1 1 1 1 1
^^^
s^~
^
^
^\/^
i iii 11ii i ii
Monthly (Mar.)
200
150
100
— "'
—-+S1
i
i
i
1
90
~
QBE
20
-"""""
\
Excluding Automotive Group
80
i 1111 111 i11
-
1 1 M 1 1 M
Ml
-
1 1 1 I 1 i ii I I f
60
\/
i i
i
1
i
I . I
Billion $
8
Domestic
(left scale)
7
New Orders
.A
&
/V/*V
,s^^-
lr
^^\A
8
Imports
(right scale)
6
550
^-V-I
500
I
I
I
I
i
I
I
i
Quarterly (1)
4
1 1 1 i i 1 1 1 1 1 I
1 1 1 M 1 | | | |1
Monthly (Mar.)
QBE
Dollars
2
5
0
4
~
A#^^^
Shipments
— ^f^
*•«...***••*
1 M i I 1 I I iI
1 11 i i 1 i i i ii i ii i i 1 i 1 1 t i
Trade Sources & QBE
Census
2.5
PRIVATE HOUSING**
PERSONAL SAVING RATE*
10
t 1 1 1 1 1 1 1 1 1 1
Monthly (Feb.)
Million Units
12
REAL PER CAPITA DISPOSABLE
PERSONAL INCOME**
-(In 1958 Dollars)
-\
-».
Percent
2,700
2,600
6
v *
<s^"^
i
OBE-SEC
MACHINERY AND EQUIPMENT*
(Manufacturing Firms)
.
NEW CAR SALES**
-
i
Quarterly (II )
\2
10
-
• Estimated
Census
Million Units
^
~
S
70
-
Monthly (Feb.)
DISPOSABLE PERSONAL INCOME
3C
^^j
j'^
Billion $
-.^^•^
1
-
700
600
1
Quarterly (1)
//
-
QBE
650
i
M
25
15
i
QBE
PLANT AND EQUIPMENT
EXPENDITURES
Total
30
^^^
S*
Manufacturing
(right scale)
400
1
1
RETAIL STORE SALES*
-
^/[
1
-
Billion $
_
-
-
100
WAGES AND SALARIES**
Total
(left scale)
1
Quarterly (1)
Billion $
550
I
QBE
600
—
,.»*
-
450
—
\^
~ Nonresidenlial SI ructures**
s/
650
\
__
-
-
2.0
-
-
i ^ Starts
•«*~
^/
2,500
8
-
1.5
T^A
f^~^\
^f*i\
2,400
9 snn
-
-
i
l
1968
l
i
l
l
1969
i
i
i
* Seasonally Adjusted
* * Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business
Economics
4
1970
Quarterly (1)
6
A/-K-/r~
i
1968
QBE
i
i
i i i
1969
Quarterly (1)
^ V./
/"~^ »/
m~
1.0
1
1
.5
1
1970
1 M M
1968
QBE
Permits
f 1 I 1 11
i i.i i i 1 i t i t i
1969
Monthly (Feb.)
1 1 1 1 1 1 1 1 1 II
1970
Census
Lpril 1970
SURVEY OF CURRENT BUSINESS
£
* In first quarter: Rate of inventory investment down $5 billion
•
Net exports up $1 billion
*
Federal purchases down with most of the decline in defense spending—State and local purchases up $2 l<2 billion
INVENTORIES
FOREIGN TRANSACTIONS
Billion $
Billion $
40
12
140
NET EXPORTS* *
CHANGE IN BUSINESS INVENTORIES**
(GNP Basis)
30
GOVERNMENT
Billion $
-
-
8
FEDERAL PURCHASES OF
GOODS AND SERVICES**
-
-
120
—
Total
Goods and Services
20
-
-
4
100
S~\
10
.hi nil.
0
i
-4
Quarterly (1)
S
i
i
Merchandise
t i t
OBE
Billion $
180
4.U
Total
./S
M
i
/sn
1 1 11 1 111 111 11111 1 11[ j i
2.0
3
2
/ *
4
t II
1 t 1 I M
1 1
if
fl 1 1 1 1 1 1 M t 1
1 1 1 1 1 1 1 1 J 1 1
0
i 1 1 1 1 1 1 ! 1 i 1
Billion $
^^u
NET FLOW OF PRIVATE U.S. AND FOREIGN CAPITAL
(Other than Liqud Funds)*
_
r\
^
/)
X/
^
_-
-
60
40
I 1 1 1 1 1 t 1 1 1 1
1 1 1111 1 11 1 1 1 111 111 111
Monthly (Feb.)
Outflow
-2
-4
V
i
I
i
1
J\
1
1
i
1
Quarterly (IV)
175
-..-*"** /
150
l
Billion $
Billion $
4
1/5
2
. \
,,-
"^N/V/
>r ^/ \s^~s^y
^-—«^
A
M
1 A
^
Official Reserve Transactions Basis
N^
A
/ \
A
/.\A
» r*
^Trade
and
-2
/\
1
M 1 1t 1 11 1 t t
1968
1 1 1 1 1 1 1 1 1 1 1
1969
Monthly (Feb.)
1 1 1 M
1 M
11
1970
Census & OBE
* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
Digitized for
U.S. FRASER
Department of Commerce, Office of Business Economics
-4
• I
1968
t
!
1 1"\
*7
Liquidity Basis
1.2
l
i
l
l
OBE
150
j
\/l
\
i
t
\
i
^ ,4
1.4 ~ Total Manufactifring
x"""""\
t
STATE AND LOCAL PURCHASES
OF GOODS AND SERVICES**
BALANCE OF PAYMENTS*
Manufacturing
t
_
Quarterly (1)
Ratio
1.8
i
.•••**"*"""
Expenditures
OBE
2.0
INVENTORY/SALES RATIOS*
Census
inn
-
E
1 1 1 1 1 1 1 1 1 1 1
Receipts
/
-
Census & OBE
1 1 1 1 1 1 t 1 i 1 1
225
Inflow
_^-"«
\s
*-«•
?
FEDERAL BUDGET**
(NIA Basis)
_
r***^
\
i
OBE
Monthly (Feb.)
4
_—
-^
Trade
i
k
'
Census
Billion $
_ . \—
*\ *
Shipments
Billion $
on
i
1
Monthly (Feb.)
2
i
^S-A^^
. :
\
*• : s /
120
Manufacturing
\.
i
New Orders
\
Imports
*" IT
Census & OBE
MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)
i
DEFENSE PRODUCTS*
/
J\ n f
r\ /x*v* y i i
2.5
i
Quarterly (1)
.
Monthly (Feb.)
100
i
OBE
Exports
3.0
/
1 I I1 1 1 1 1 1
I
4
+~s
140
I
J^\
vx^
150
I
Billion $
3.5
^-
p
V
80
MERCHANDISE TRADE*
MANUFACTURING AND TRADE INVENTORIES*
(Book Value, End of Month)
170
r~^
Defense
Quarterly (I)
Billion $
160
\
~""~
0
--^-"-"
^
\
/
i \r\
I
1969
Quarterly (IV)
• 1
1
1
100
75
1970
'
^^« *******
-*~*~***\
i
l
1968
OBE
l
t
i
l
1969
Quarterly (I)
i
i
i
1970
OBE
6
SUEVEY OF CUREENT BUSINESS
In March: Industrial production edged up
Slight expansion in bank credit, money supply up $2 1/4 billion
Interest rates and bond yields continued downward —Stock prices rose for first time since November
•
*
•
INDUSTRIAL PRODUCTION
MONEY, CREDIT, AND SECURITIES MARKETS
1957-59=100
Billion $
190
460
. '
180
•
_
Durable Manufactures
240
X^-"** /
*" ^ s***^
Bank Credit
(left scale)
200
80
180
60
i i l i i jj i LJ J 160
An
Before Taxes
\
-
^^>-^
Money Supply
(right scale)
340
i i 1 1 i 1 1 1 i 1 1 1 1 11 11 1 1 1 11
1 i 1 1 1 1 ! 11 1
150
100
-^—r
380
*v* *^
220
420
Nondurable
Manufactures
•y^
120
CORPORATE PROFITS AND IVA **
_
x^^V
V /f-^
170
PROFITS AND COSTS
Billion $
BANK CREDIT AND MONEY SUPPLY*
INDUSTRIAL PRODUCTION*
160
April 1970
Monthly (Mar.)
300
i, i i i i l.i i i i i
l 1lii 1 ii ii i
Monthly (Mar.)
FRB
-
i
1957-59=100
Billion $
Billion $
2
\20
175
-
i
"\
•
^
1 1 11 1 1 1! 1 1 1
| | | | 1 11 1 I1 1
Monthly (Mar.)
-2
_^\^-- 1 1 1 M
-
8
—
6
~ Corporate Yields, Moody's Aaa
N
'"-v
^\
i
I
I
I
I
I
I
Quarterly (IV)
2
1 1 1 1 1 1 LI
140
3?
—
New Orders
\
_
,.^
\
120
t iii 11 i lii
1968
j^^f^'^ \
i
i
i
i
l
Quarterly (IV)
8
1 1 1
i 1 1 ii 1 1 1 1 i i 1 1 i i 1 1 l 1 1 i
QBE
n
n (I
Quarterly (IV)
BLS
Percent
_
• _
UNIT LABOR COSTS, PRIVATE ECONOMY*
(Change From Previous Quarter)
. . .
16 _.
•_
Standard and Poor's 500
/•>
V
8
_
_
l.illlll
v/ "
Shipments
1969
III!
ill M i l
1970
CenSUS
Monthly (Feb.)
* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates
FRASER
Digitized for
U.S. Department of Commerce, Office of Business
Economics
60
_
-8
Qf\
1 M 1 1 1 1 1 i 1 i
l
jllUll
ji u nlljUU
nn
fl\
\
3-month Treasury Bilfe
100
f&f\-
• ^J^
vfT*
STOCK PRICES
_
i
24
DURABLE GOODS MANUFACTURERS*
.
i
40
Monthly (Mar.)
1941-43=10
24
*»*••**
FRB
Billion $
_
Profits After Taxes
••
40
36
-
OUTPUT AND COMPENSATION PER MAN-HOUR,
PRIVATE ECONOMY*
16 _ (Change From Previous Quarter)
Compensation
ri Output
S
^—^^
..„.••**
4
i
60
FRB
INTEREST RATES AND BOND YIELDS
Q/1
i
QBE
Percent
Manufacturing
75
i
24
RATIO, OUTPUT TO CAPACITY*
-
1 1 1 1 1 1 1 1 1 1 i i 1 1 1 1 1 i.i 1 1 1
Monthly (Mar.)
10
__^\
1 1 1 1 1 1
FRB
Percent
85
i
Cash Flow
95
~
i
Qf\
Percent
90
i
100
1
-1
! 1 11 1 1 1 1 11 1
i
Autos
[\/X
-^
i
CORPORATE CASH FLOW AND PROFITS**
FREE RESERVES
/ Steel
100
i
Quarterly (IV)
200
INDUSTRIAL PRODUCTION*
f*\
_
v
i
FRB
i 1 1 1 111 11 11
1968
i II i i I 1 i1 I t
1969
Monthly (Mar.)
| H j i 1 i.i.t L I
1970
-8
1968
1969
Quarterly (IV)
1970
BLS
SURVEY OF CURRENT BUSINESS
April 1970
NATIONAL INCOME AND PRODUCT TABLES
II
IV
III
II
IV
1968
IV
1970
1968
1970
1969
1968
III
IV
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Billions of 1958 dollars
Billions of current dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product. _
865.7
Personal consumption expenditures
Durable goods
Nondurable goods
Services
. __ _ _
__
Gross private domestic investment
Fixed investment .
932.1
892.5
908.7
924.8
942.8
952.2
960.4
707.6
727.5
718.5
723.1
726.7
730.6
729.8
726.9
466.1
457.6
462.9
466.2
466.5
468.6
471.9
84.7
199.3
182.5
84.8
199.6
184.2
83.5
202.8
185.6
536.6
576 0
550.7
562.0
572.8
579.8
589.5
600.6
452.6
83 3
230 6
222.8
89 8
243.6
242.6
86 3
234 3
230.1
88 4
238.6
235.0
90 6
242 1
240.1
89 8
245.1
244.9
90.4
248.7
250.3
89.7
255.3
255.6
80.7
196.9
175.0
84.9
199.4
181.8
82.7
197.2
177.7
84.3
199.3
179.3
85.9
199.3
181.0
126.3
139.4
133.9
135.2
137.4
143.3
141.8
137.3
105.7
111.8
110.9
109.9
110.8
114.3
112.2
107.1
104.8
105.0
105.5
104.5
82.8
24.3
58.6
83.0
25.0
58.0
132 5
134.0
99.1
104.8
101.4
104.0
119 0
131 4
Nonrestdential
Structures
Producers' durable equipment
88 8
29 3
59 5
99 2
33 4
65 8
91 5
30 1
61 4
95 3
32 3
63 0
97 8
32 1
65.7
101 1
34 7
66 4
102 5
34.5
68.0
104 3
35 9
68 4
75.8
22.7
53.2
81.4
24.0
57.4
77.3
22.9
54.4
79.4
81.0
23.9
23.3
55.5 • 57.7
82.4
24.6
57.8
Residential structures
Nonfarm
Farm
30 2
29 6
5
32 2
31.7
5
31 9
31 4
5
33 3
32 8
5
32 7
32 2
5
31 4
30 9
5
31 6
31.0
5
30 1
29 6
5
23.3
22.8
.4
23.4
23.0
.4
24.1
23.7
.4
24.6
24.2
.4
23.8
23.4
.4
22.6
22.2
.4
22.7
22.3
.4
21.5
21.1
.4
7.3
7 4
_ i
80
7 8
2
10 5
10 7
_ 2
6.6
66
69
67
2
10 7
10 3
"4
7.7
7 4
.4
2 9
2 6
'3
6.6
6.7
—.1
6.9
6.7
.2
9.6
9.8
-.2
5.9
5.9
.0
6.0
5.8
.2
9.3
8.9
.4
6.7
6.4
.3
2.5
2.3
.3
_
Change in business inventories
Nonfarm
Farm... _ __
_
._ __
Net exports of foods and services
Exports
Imports
Government purchases of goods and services. . .
Federal
__
National defense
Other .
State and local
_
.
123 4
128 6
o
130 5
134 4
25
21
12
1.5
1*6
27
27
37
.9
.0
— .2
-.3
-.5
.4
.5
1.3
50 6
48 1
55 3
53 2
50 6
49 4
47 6
46 1
57 1
55 5
57 8
55 2
58 6
55 9
60 7
57 0
45 6
44 7
48 0
48.0
45.5
45.7
41.9
42.2
50.4
50.8
50.2
49.8
49.7
49.2
51.4
50.1
218.3
218.8
200.3
214.6
206.7
210.0
212.9
103 2
80 3
22 9
102 3
79 2
23 1
100 2
77 3
22 9
113 8
116 0
118 6
99 5
78 0
21 5
101 9
79 2
22 7
101 9
79 3
22 5
101 6
79 0
22 6
100 6
78 5
22 1
100 7
112 7
104 8
108 5
112 3
217.0
149.4
148.4
146.7
150.2
150.6
150.2
78 9
76.0
79.4
78.3
76.3
75.5
73.9
71.3
69.5
73.7
70.8
72.3
73.9
73.9
74.6
75.3
148.4
149.7
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
865 7
932 1
892 5
908 7
924 8
942 8
952 2
960 4
707.6
727.5
718.5
723.1
726.7
730.6
729.8
726.9
858 4
73
924 1
80
882 0
10 5
902 1
66
917 9
69
932 0
10 7
944 5
77
957 5
2 9
701 0
66
720 6
69
709.0
9.6
717.2
5.9
720.7
6.0
721.3
9.3
723.1
6.7
724.4
2.5
431 1
459 8
443 5
447 9
456 5
465 9
468 8
381.3
392.7
388.2
389.1
391.6
395.9
394.2
423 7
73
451 8
80
433 0
10 5
441 3
66
449 6
69
455 2
10 7
461 1
7 7
374 7
66
385 8
6 9
378 7
9.6
383.2
5.9
385.7
6.0
386.6
9.3
387.5
6.7
Durable goods
Final sales
Change in business inventories
176 7
171 4
53
191 7
186 2
55
184 0
176 6
7 4
186 4
181 6
48
190 3
185 5
49
195 4
187 8
76
194 6
189 9
4 7
162 8
158 0
47
171 9
167 2
47
167.8
161 2
65
169.0
164 8
4.2
171.4
167 3
4.1
174.7
168.1
6.6
172.6
168.6
4.0
Nondurable goods
Final sales
__ . _
Change in business inventories. . .
254 4
252 3
20
268 1
265 6
2 5
259 5
256 4
3i
261 5 266 2 270 5 274 2
259 7 264 1 267 4 271 2
18
21
31
30
218 6 220 8
216 7 218.6
22
19
220.5 220.2
217.5 218.4
1.7
30
220.2
218. 4
1.9
221.2
218.5
2.7
221.5
218.9
2.6
Services....
347.5
377.4
358.5
365.8
373.4
381.6
388.6
259.9
267.1
262.7
264.6
267.0
267.6
269.3
Structures.-.
87.1
95.0
90.6
94.9
94.8
95.3
94.8
66.4
67.7
67.5
69.3
68.0
67.1
66.3
Gross national product
Final sales
_
Change in business inventories .
Goods output
Final sales
Change in business inventories .
2 9
2.5
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
_
865 7
932 i
892 5
908 7
924 g
942 g
952 2
960 4
707 6
727 5
718.5
723.1
726.7
730.6
729.8
726.9
770-5
828 0
794 0
808 5
822 7
836 5
844 3
850 6
647 9
666 5
658 3
662 6
665.8
669.4
668.2
665.0
740 6
715 7
24 9
795 3
768 3
27 0
763 1
738 4
24 7
776 7
751 1
25 7
790 5
803 6
810 3
815 5
707 c
97 Q
627 5
604 2
23 3
645 2
621 7
23 5
637 5
614 6
22 9
641 5
617 8
23 7
644 8
621 1
23 7
648.2
624 1
24 1
646.5
624 0
22.6
643.0
619.6
23.3
25 2
28 6
26 0
27 2
28 3
28 9
30 0
31 1
15 9
17 3
16 2
16 8
17 2
17.4
17.8
18.3
4 7
41
49
4 5
39
41
40
39
4 5
39
46
43
37
39
3.8
3.7
95 2
104 1
98 5
100 2
102 1
Iflfi 2
ino A
inn o
59 7
61 0
60 2
60 5
60 9
61 1
61.6
61.9
7fiQ n
97 fi
77K Q
97 7
700 q
9« Q
Preliminary.
The retroactive 6 percent pay raise for military and civilian employees of the Federal
Government was signed into law as this issue of the SURVEY went to press. The treatment
of the retroactive portion of the pay raise in the national income and product accounts
will be discussed in the May issue of the SURVEY.
SURVEY OF CURRENT BUSINESS
8
1968
1969
IV
1970
1969
1968
I
II
April 1970
III
IV
1968
I'
1969
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)
Less: Capital consumption allowances- 73.3 77.9 74.6 75.9 77.2 78.6 79.9 81.3
792.4 854.2 817.9 832.8 847.6 864.2 872.3 879.1
Equals : Net national product
Less: Indirect business tax and nontax
77.9 86.6 81.4 83.3 85.7 88.0 89.4
liability
Business transfer payments. . 3.4 3.6 3.5 3.5 3.6 3.6 3.6
-2.5 -5.9 -3.4 -4.2 -6.5 -6.9 -6.0
Statistical discrepancy
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 .
1.1
.9
1.1
.9
1.1
1.2
91.0
3.7
9
714.4 771.0 737.3 751.3 765.7 780.6 786.5
87.9
88.2
90.3
89.5
89.2
88.8
85.2
47.0
54.4
48.6
52.7
53.8 55.1
56.1
57.3
.0
.0
.0
.0
.0
.0
.0
.0
55.8
61.9
58.1 60.1 61.3
62.5
63.6
66.3
26.1 28.7 27.4 27.9
23.1 24.6 23.8 23.8
3.4 3.6 3.5 3.5
III
IV
If
Table 6.—National Income by Type of Income (1.10)
714.4 771.0 737.3 751.3 765.7 780.6 786.5
National income
865.7 932.1 892.5 908.7 924.8 942.8 952.2 960.4
.8
II
Billions of dollars
Billions of dollars
Plus: Subsidies less current surplus of
government enterprises
I
IV
1970
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Gross national product
1969
1968
28.5 28.9
24.3 24.9
3.6 3.6
Compensation of employees. _
369.0 405.3 382.8 392.5 402.0 410.2 416.6 422.2
18.0 19.2 18.3 18.2 18.4 20.1 19.9 19.6
78.0 85.4 80.9 82.5 84.0 86.6 88.5 90.5
Private
Military
Government civilian..
54.4
50.2
52.7
53.8
55.0
56.1
28.2
25.3
27.3
27.9
28.6
29.1 29.6
24.2 26.2 25.0 25.5 26.0 26.4
Other labor income. Employer contributions to private pension and welfare funds 20.1
Other
4.1
26.9 27.5
Supplements to wages and salaries. .. 48.6
Employer contributions for social
24.4
insurance
Proprietors' income _ _ _
29.7 30.1
25.2 25.2
3.6 3.7
687.9 747.2 711.2 724.4 740.5 756.5 767.4 778.5
513.6 564.3 532.3 546.0 558.2 571.9 581.1 589.5
465.0 609.9 482.1 493.3 504.3 516.9 525.0 532.4
Wages and salaries
Business and professional _
Income of unincorporated enterprises
Inventory valuation adjustment
Farm. .
Rental income of persons
....
Corporate profits and inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax.
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest
57.1
63.8
66.3
64.1 64.6
66.5 67.3
66.7
66.8
49.2
50.2
49.7
50.1 50.5
50.4
50.3
49.9
—.7
51.1
-.9
49.7
14.6
16.1
14.4
14.9
16.4
16.8
16.3
16.5
21.2
21.6
21.4
21.5
21.6
21.7
21.8
22.0
87.9
88.2
90.3
89.5
89.2
88.8
85.2
91.1 93.7
94.5
95.5
95.4
92.5
91.4
43.9 44.1 42.8
51.7 51.3 49.7
23.8 24.3 24.9
27.9 27.0 24.9
42.4
49.0
25.2
23.8
41.3 43.3 42.9
49.8 50.5 51.6
23.1 24.6 23.8
26.7 25.9 27.8
25.2
-3.2 -5.6 -4.2 -6.1 -6.2 -3.7 -6.2 -5.9
28.0
30.6
29.3 29.8
30.3 30.9
31.6
32.3
Table 5.—Gross Auto Product in Current and Constant Dollars
(1.15, 1.16)
Table 7.—National Income by Industry Division (1.11)
Billions of current dollars
All industries, total
Gross auto product l
35.9
36.6
37.5 37.5
34.5
38.0
36.3
32.6
Personal consumption expenditures. 30.2 31.7 31.4 30.9 31.4 32.1 32.4 29.3
5.3 5.6 5.5 5.4 5.5 5.6 5.7 5.2
Producers' durable equipment
.1 1.5 1.1 -1.4
Change in dealers' auto inventories.. 1.0
1.2 -.5 -1.4
Net exports .
-.8 -1.2 -1.2 -.2 -1.4 -1.4 -1.7 -.8
2.0 2.3 2.0 2.3 2.3 2.4 2.0 2.2
Exports .
Imports ..
2.8 3.4 3.2 2.5 3.7 3.8 3.6 3.0
Addenda:
New cars, domestic *
New cars, foreign. _
32.4 32.3 33.9 33.4
4.3 5.6 4.7 4.6
30.7 34.2 30.9
5.4 5.5 7.0
27.5
6.1
Billions of 1958 dollars
Gross auto product l _. .
35.1 35.0 36.2
Personal consumption expenditures . 29.4 30.3 30.2
Producers' durable equipment
5.2 5.4 5.4
Change in dealers' auto inventories.. 1.0
.1 1.5
Net exports.
-.8 -1.2 -1.2
Exports
2.0 2.2 1.9
Imports
2.8 3.4 3.2
Addenda:
New cars, domestic *
New cars, foreign
32.1
4.3
31.5
5.5
36.2
33.0
36.4
29.7 30.1 30.7
5.3 5.4 5.5
1.1 -1.3
1.2
34.5
-.2 -1.4 -1.4 -1.6
2.3 2.3 2.4 1.9
2.5 3.7 3.8 3.5
33.3 32.7 30.0
4.6 4.5 5.3
33.4
5.3
29.9
6.8
1. The gross auto product total includes Government purchases
2. Differs from thes gross auto product total by the markuD
markup on
on both used cars and
foreign cars.
» Preliminary.
30.6
30.8 27.6
5.6 4.9
-.5 -1.4
Agriculture, forestry, and fisheries
Mining and construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Communication
Electric, gas, and sanitary services
Wholesale and retail trade
714.4 771.0 737.3 751.3 765.7 780.6 786.5
21.9 23.9 21.9 22.6 24.2 24.5 24.1
42.9 48.0 44.4 45.9 47.8 48.6 49.7
215.4 229.0 222.7 225.3 228.9 231.6 230.3
82.9 88.1 85.4 86.1 88.3 88.5 89.6
132.5 140.9 137.3 139.1 140.5 143.2 140.8
27.2 29.0 27.8 28.2 28.9 29.3 29.7
14.2 15.5 14.9 15.3 15.6 15.4 15.6
13.7 14.6 13.9 14.2 14.2 15.1 14.7
105.2 112.5 107.8 109.5 111.7 113.9 114.8 -----78.2 85.2 80.9 82.9 84.4 86.0 87.4
86.1 94.4 89.3 92.1 93.6 95.0 97.1
Finance, insurance, and real estate
Services
Government and government enterprises
105.0 114.8 108.7 110.6 112.5 117.1 119.1
Rest of the world
4.7 4.1 4.9 4.5 3.9 4.1 4.0
Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total ...
87.9
88.2
90.3
89.5
89.2
88.8 85.2
11.5
12.9
11.9
12.3
12.7
13.3 13.3
76.4
75.3
78.5
77.2
76.5
75.6 71.9
44.4
19.9
24.5
43 9
20.4
23.5
46.2
20.4
25.8
45 1 44 9
20.3 21 0
24.7 23.9
43.8 41.7
20.0 20.1
23.8 21.6
11.6
20.4
11.7
19.7
11.6
20.7
11.8
20.3
11.7
19.9
11.9 11.4
19.9 18.8
-.8
2.2
2.9
Financial institutions
..
2.1
9.4
26.5
5.9
Non financial corporations
Mutual _
Stock
Manufacturing
Nondurable goodsDurable goods
_
Transportation,
communication,
and public utilities
All other industries _ _ . . .
SURVEY OF CURRENT BUSINESS
April 1970
1968
1968 1969
IV
1970
1969
I
II
III
IV
IP
1968
1969
IV
Table 9.—Gross Corporate Product1 (1.14)
Net interest
-
49.1 46.7
47.7
48.6
49.6
50.5
51.5
44.8
49.0
46.6
47.3
48.5
49.8
50.5
51.4
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.
Gross product originating in
financial institutions
434.7 417.4 425.0 433.0 439.9 441.0
348.9 329.8 338.2 346.0 353.4 358.0 361.5
311.0 294.7 301.3 308.5 315. 1 319.1 322.1
37.9 35.1 36.9 37.6 38.3 38.9 39.4
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
26.4
26.9
27.5
66.3 64.1 64.6
50.2 49.7 49.7
16.1 14.4 14.9
66 5 67.3
50 1 50.5
16.4 16.8
66.7
50.4
16.3
66.8
50.3
16.5
Rental income of persons
Dividends
. __
Personal interest income
21.2
23.1
54.1
21.6
24.6
59.4
21.6 21.7
24.3 24.9
58 8 59.8
21.8
25.2
61.3
22.0
25.2
62.4
25.0
25.5
26.0
95.5
72.6
94.2
72.1
95.1
73.0
96.1
73.3
95.3 95.6
72.1 72.0
22.8
26.0
23.9
24.9
25.6
26.4
Less: Personal contributions
social insurance
10.9
12.0
11.4
11.7
72.4 71.3 74.3 72.9
75.6 76.8 78.5 79.0
35.6 36.7 37.0 37.7
40.0 40.1 41.5 41.3
20.4 21.7 20.9 20.9
19.6 18.4 20.6 20.4
-3.2 -5.6 -4.2 -6.1
84.6
64.2
87.8 86.9
66.1 66.0
87.6
66.8
81.3
87.4
42.4
45.1
23.6
21.5
-6.2 -5.9
26.9
48.2
49.1
50.0
47.8
48.5
49.3
416.9 417.6
333.2 337.3 340.3
297.3 300.9 303.5
35.8 36.4 36.8
11.9 12.2 12.4 12.7
72.6 71.6
78.8 75.3
37.7 36.1
41.2 39.2
21.5 22.0
19.6 17.2
-6.2 -3.7
88.4
66.9
87.4
65.4
67.9
74.1
35.5
38.6
22.3
16.3
-6.2 -5.9
87.7
65.4
Current dollar cost per unit of
1958 dollar gross product
originating 2in nonfinancial
corporations
1.133
Capital consumption allowances
.107
Indirect business taxes plus transfer
payments less subsidies
.103
Compensation of employees
.723
Net interest
.026
1. Excludes gross product originating in the rest of the world
Equals: Personal saving
38.4
Addenda:
Disposable personal income :
Total, billions of 1958 dollars
Per capita, current dollars
Per capita, 1958 dollars
.165
.083
.157
.082
.081
.082
.075
26.2
23.3
25.4
25.9
66.1
67.2
70.0
33.3
33.7
34.5
2.2
8.4
22.2
2.2
8.6
22.7
2.9
9.0
23.7
26.6
27.0
27.7
37.6
38.0
32.5
33.3
43.1
41.7
42.8
497.6 509.5 502.1 502.6 506.2 514.1 514.8 518.5
2,933 3 099 2,991 3 014 3 065 3,140 3,172 3 226
2,474 2 507 2,485 2 482 2 494 2,526 2,522 2,535
Personal saving rate,8 percent
6.5
6.0
6.3
5.3
5.3
6.7
6.4
6.5
Table 11.—Personal Consumption Expenditures by Major Type (2.3)
Personal consumption expenditures .
536.6 576.0 550.7 562.0 572.8 579.8 589.5 600.6
Durable goods
83.3 89.8 86.3 88.4 90.6 89.8 90.4 89.7
Automobiles and parts
37.0 40.4 39.0 39.4 40 0 40.8
Furniture and household equipment. 34.2 36.0 34.6 35.5 36.8 35.8
Other.. . . . .
12.1 13.5 12.8 13.6 13 8 13.2
Services.
Housing...
Household operation..
Transportation .
Other
41.3
35.8
13.3
38.6
37.2
13.9
230.6 243.6 234.3 238.6 242.1 245.1 248.7 255.3
115.0 119.8 116.4 118.4 119.1 119.9 121.7 126.0
46.3 49 9 47.3 48.1 50 0 50.8 50.8 50.9
19.1 21.3 19.5 20.4 21.0 21.8 22.0 22.7
50.1 52 7 51.1 51.8 52.0 52.7 54.2 55.8
222.8 242 6 230.1 235.0 240.1 244.9 250.3 255.6
__ ..
Food and beverages
Clothing and shoes.
Gasoline and oil
Other..
.168
.087
22.6
21.5
23.8
57.6
114.2 118.5 117.5 119.9 118.6
Equals : Disposable personal income. _ . 590.0 629.7 604.3 610.2 622.0 639.0 647.5 659.9
551.6 592.0 566.2 577.7 588.8 596.0 605.8 617.1
Less: Personal outlays
Personal consumption expenditures- 536.6 576.0 550.7 562.0 572.8 579.8 589.5 600.6
14.2 15.3 14.7 15.0 15.2 15.4 15.5 15.7
Interest paid by consumers
Personal transfer payments to for.8
.8
.8
.7
.7
.7
eigners
.8
.8
Nondurable goods
1.174 1.145 1.157 1.168 1.181 1.191
.111 .107 .108 .109 .111 .114
.109 .105 .106 .108 .110 .112
.762 .732 .745 .755 .767 .780
.028 .027 .027 .028 .028 .029
Corporate profits and inventory valuation adjustment
.174 .165 .175 .170
Profits tax liability
.086 .085 .087 .088
Profits after tax plus inventory valuation adjustment- . .088 .080 .088 .082
for
21.4
23.8
56.7
Less: Personal tax and nontax payments _.
...
__ _ _ _ __ 97.9 117.5 107.0
512.8 515.2
Dollars
O - 70 - 2
Digitized 380-168
for FRASER
26.2
63.8
49.2
14.6
91.7
70.2
1.8
778.5
532.4
201.8
159.7
126.2
94.3
110.1
24.2
Transfer payments.. _ ... _ __ 59.2 65.5 61.6 63.6 64.9
Old-age, survivors, disability, and
health insurance benefits
30.3 33.1 31.8 32.4 32.9
State unemployment insurance
2.1 2.1 2.0 2.2 1.9
benefits ._ . _
Veterans benefits.
_. 7.2 8.2 7.3 7.8 8.2
Other
19.7 22.0 20.5 21.3 21.9
86.2 85.2 85.3 84.8
90.4 91.3 91.6 88.5
42.9 43.9 44.1 42.8
47.5 47.4 47.5 45.7
22.2 22.1 22.8 23.3
25.3 25.3 24.7 22.5
-4.2 -6.1 -6.2 -3.7
1.8
Gross product originating In
nonfinancial corporations
415.9 431.6 425.1 427.7 431.9 434.3 432.5
v Preliminary.
.
84.2
89.7
43.3
46.4
22.9
23.5
-5.6
1.7
Billions of 1058 dollars
3.
Other labor income
83.9
87.2
41.3
45.8
21.5
24.3
-3.2
1.6
IP
Proprietors' income
Business and professional .
Farm
. __ .
1.6
Gross product originating In
nonfinancial corporations..- _ 471.4 506.9 486.8 495.0 504.5
Capital consumption allowances
44.6 47.7 45.4 46.4 47.3
Indirect business taxes plus transfer
payments less subsidies.
43.0 47.0 44.7 45.3 46.5
Income originating in nonfinancial
corporations
__
_. 383.8 412.1 396.7 403.3 410.7
Compensation of employees __ __ __ 300.6 328.8 311.0 318.7 326.2
Wages and salaries
268.6 293.4 278.2 284.2 291.1
Supplements
31.9 35.5 32.8 34.5 35.1
Net interest
Wage and salary disbursements
465.0
Commodity-producing industries .. 181.5
Manufacturing.
145.9
D istributi ve industries
109.2
Service industries
78.3
Government _.
.
96.0
1.2
1.5
IV
687.9 747.2 711.2 724.4 740.5 756.5 767.4
509.9 482.1 493.3 504.3 516.9 525.0
197.7 187.8 191.5 196.5 200.5 202.3
157.6 150.7 153.3 156.6 159.9 160.5
119.5 113.1 115.5 118.3 121.1 123.1
88.1 82.0 85.4 87.1 88.7 91.2
104.5 99.2 100.8 102.4 106.6 108.4
Personal income
45.9
1.4
III
Table 10.—Personal Income and Its Disposition (2.1)
494.2 532.8 510.7 519.9 530.1 539.3 542.1
Income originating in corporate busi403.5
ness
-- 318.4
Compensation of employees
284.3
Wages and salaries..
34.1
Supplements _
II
Billions of dollars
Billions of dollars
Capital consumption allowances
Indirect business taxes plus transfer
payments less subsidies
I
1970
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Gross corporate product
1969
1968
77.4
31.2
16 1
98 1
_
83 7 79.8 81.3 82 8 84.4 86.4 88.3
33.5 31.9 32.7 33.1 33.9 34.1 35.0
17 5 16 5 17.1 17.3 17.7 17 9 18 4
107 9 101 8 103 9 106 9 108 8 111 9 113 9
Table 12.—Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners...
Exports of goods and services. .
Payments to foreigners
Imports of goods and services
Transfers to foreigners
Personal
_ _
Government
Net foreign investment..
.
50.6 55.3
50.6
47.6
57.1
57.8
58.6
60.7
50.6
55 3
50 6
47.6
57 1
57 8
58 6
60.7
50.6 55.3
50.6
47.6
57.1
57.8
58.6
60.7
48.1 53 2
49.4
46.1
55 5
55.2
55.9
57.0
27
8
2.0
3.1
.7
2.4
24
.7
1.7
28
.7
21
2.6
.8
1.8
30
.8
2.2
27
.8
1.9
— 6 —1.9 —1.0 — 1 2
.0
—.3
1.0
2.9
.8
2.1
—.3
SURVEY OF CURRENT BUSINESS
10
1968
1969
IV
I
1968
1970
1969
1968
April 1970
II
IV
III
1968
I»
1969
IV
Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2)
79.5 95.6
Personal tax and nontax receipts
38.3 40.2
Corporate profits tax accruals
Indirect business tax and nontax
18.0 18.8
accruals
Contributions for social insurance. . . 40.5 46.9
202.8 201.3 203.3
87.4
39.8
93.8
40.7
96.9
41.0
95.0
39.8
96.7
39.3
94.7
18.5
41.7
18.5
45.6
18.6
46.4
19.1
47.5
19.1
48.1
19.1
49.0
197.7
Federal Government expenditures
181.5 192.0 187.4
188.5 189.3 193.6 196.7
Purchases of goods and services
National defense
Other
.
...
99.5 101.9 101.9
78.0 79.2 79.3
21.5 22.7 22.5
101.6 100.6 103.2 102.3 100.2
79.0 78.5 80.3 79.2 77.3
22.6 22.1 22.9 23.1 22.9
Transfer payments
To persons.. To foreigners (net)
. - - 47.8
45.7
2.1
52.4
50.4
2.0
50.0
47.6
2.4
50.8
49.1
1.7
52.1 52.7
50.0 50.9
2.1 1.8
53.9
51.7
2.2
55.7
53.8
1.9
Grants-in-aid to State and local governments
18.3
20.0
19.0
19.0
19.3
19.8
22.0
23.5
Net interest paid
11.6
13.1
12.2
12.5
12.9
13.1
13.7
13.9
Subsidies less current surplus of government enterprises..
-.-
4.3
4.6
4.4
4.6
4.4
4.6
4.8
9.5
-.1
10.1
13.5
7.7
6.6
4.4
(3.3, 3.4)
106.2 120.3 111.4
18.4 21.9 19.5
Personal tax and nontax receipts
3.0 3 1 3.1
Corporate profits tax accruals
Indirect business tax and nontax
59.9 67.8 62.9
accruals
Contributions for social insurance. _. 6.5 7.5 6.9
18.3 20.0 19.0
Federal grants-in-aid
State and local government expendi107.6 121.0 112.2
tures.. .
100.7 112.7 104.8
Purchases of goods and services
10.0 11 5 10.5
Transfer payments to persons
.4
.4
Net interest paid _
.3
Less: Current surplus of government
enterprises
3.4 3.5 3.5
Surplus or deficit (—), national
income and product accounts
-1.5
Gross national product
122.3 128.1 124.2 125.7 127.3 129.0 130.5 132 1
Personal consumption expenditures
118.6 123.6 120.4 121.4 122.9 124.3 125.8 127.3
Durable goods
Nondurable goods
Services
103.3 105.7 104.5 104.9 105.5 106.0 106.6 107 3
117 1 122.2 118 8 119 8 121 5 123 0 124 6 125 9
127.3 133.5 129.5 131 0 132 7 134 2 135 9 137 7
Gross private domestic investment
Fixed investment
120 0 125.4 121 7 123 7 124 5 126 2 127 0 128 6
- 117.1 121.8 118.4 120.1 120.8 122.7 123.7 125.6
Nonresidential
Structures
129.3 139.1 131.4 135. 3 137.8 141.0 142.1 143.5
Producers' durable equipment.. 111.9 114.6 113.0 113.5 113.9 114.9 116.1 117.8
Residential structures.
Nonfarm
Farm
L29. 7 137.5 132.4 135.3 137.1 138.8 139.1 140.3
129 8 137.7 132.5 135 4 137 2 138 9 139.3 140 5
. ... 125.9 130.7 126.1 127.5 130.4 132.3 132.7 133 7
Change in business inventories
110 9 115.1 111 3 113 5 113 4 115 2 118.0 118.0
107.6 110.8 108.2 109.2 109.2 110.8 113.7 113.7
Exports
Imports
-.6
-.8
114.5 118.5 121.9 126.5
21.5 22.5
3 1 3.0
23.2
3.0
23.9
64.8
7.1
19.0
67.1
7.4
19.3
68.9
7.7
19.8
70.3
8.0
22.0
71.9
8.3
23.5
124.9
128.0
108.5 112.3 113.8 116.0 118.6
11.0 11 3 11 6 11 9 12 5
.4
.4
5
.4
.4
3.5
3.6
3.5
-1.8 -2.1
— 3
1.6
3.5
Table 17.—Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
Gross national product
20.5
3.1
116.3 120.5 122.2
126 2 134 2 128 3 129 8 131 9 136 8 138 4 140 4
145 0 152.9 148 1 150 1 151 9 153 9 155 6 157.4
122.3 128.1 124.2 125.7 127.3 129.0 130.5 132.1
Goods output. .
113.0 117.1 114.2 115.1 116.6 117.7 118.9
108 5 111.5 109 7 110 3 111 1 111.9 112.7
116.4 121.4 117.7 118.8 120.9 122.3 123.8
Durable goods
Nondurable goods .
Services
133.7 141.3 136.4 138.2 139.8 142.6
Structures
131.2 140.3
Gross auto product
102.5 104 4 103 6 103.7 104.4
136.3
Personal saving ...... ____ ........... 38.4 37.6 38.0
Undistributed corporate
c _..
profits ______26.7 25.9 27.8
Corporate
orporate inventory v;
valuation adjustment
-3.2 -5.6 -4.2
Corporate capital consumption
al lowances .......
45.9 49.1 46.7
Noncorporate capital consumption
allowances
........................ 27.4 28.8 27.9
Wage accruals less disbursements....
.0
.0
.0
Government surplus or deficit (—),
national income and product
accounts ......... .
.................. -6.7
Federal . . . . . . . . . . . . . . . . . . .. . . . . . . .• _ -5.2
_
State and local ................... ... -1.5
125.9
8.8
-.9
9.5
-.6
-.1
-.8
138.8 132.0
Gross private domestic investment. 126.3 139.4 133.9
Net foreign investment
-.3 -.6 -1.9
Statistical discrepancy.
-2.5 -5.9 -3.4
Preliminary.
130.2
32.5
27.9
131.3
142.8 139.3
43.1
24.9
41.7
23.8
42.8
-6.1 -6.2 -3.7
-a 2
-5.9
47.7
48.6
49.6
50.5
51.5
28.2
.0
28.6
.0
29.0
.0
29.4
.0
29.8
.0
8.3
11.4
7.4
8.2
7.7
-.3
6.6
1.6
33.3
27.0
10.1 13.5
-1.8 -2.1
134.2
136.2
143.3
141.5
138.3
135.2 137.4 143.3 141.8 137.3
-1.0 -1.2
.0 -.3
1.0
-4.2
-6.5
-6.9 -6.0
105 1 106 4
Table 18.—Implicit Price Deflators for Gross National Product by
Sector (8.4)
Table 15.—Sources and Uses of Gross Saving (5.1)
135.9
104.4
3.6
Gross national product
135.1
144.3
134.1 137.0 139.4 142.0 143.1
Addendum:
122.3 128.1 124.2 125.7 127.3 129.0 130 5 132 1
Private
IP
Government purchases of goods and
services
135.0 143.4 137.6 139.5 141.8 145.3 147.1 149.2
Table 14.—State and Local Government Receipts and Expenditures
Gross investment. ..... . .......... .
IV
Table 16.—Implicit Price Deflators for Gross National Product (8.1)
Federal
State and local
Gross private saving
III
Net exports of goods and services
Surplus or deficit (— ), national
-5.2
income and product accounts
State and local government receipts
II
Index numbers, 1958=100
Billions of dollars
198.6
I
1970
Seasonally adjusted
Seasonally adjusted at annual rates
176.3 201.5 187.3
1969
118.9 124.2 120.6 122.0 123.6 125.0 126.4
127.9
Business
Nonfarm
Farm
118 0 123 3 119 7 121 1 122 6 124 0 125 3 126 8
118 5 123.6 120 1 121 6 122 8 124 3 125 5 127 1
106 8 114 7 107 9 108 5 116.3 115 0 119 3 119 5
Households and institutions .
158.6 165.3
General government
159.4 170.6 163.6 165.6 167.5 173.7 175.4 177.4
HISTORICAL DATA
Historical national income and product data are available
from the following sources:
1965-68: July 1969 SURVEY OF CURRENT BUSINESS.
1964: 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 CURRENT BUSINESS
April 1970
(Text continued from page 2)
looking for full-time jobs. Employment
also increased, with the gain consisting
entirely of part-time workers. The unemployment rate moved up for the
third consecutive month, reaching 4.4
percent of the civilian labor force.
Unemployment rates for all the principal age and sex groups have risen
significantly since yearend, but the
slackening of labor demand appears to
have had its heaviest impact on adults
seeking full-time work. The rate for
married men—who are, in a sense, the
core of the labor force—ran at about
1.5 percent through much of last year
but by March had risen to 2.2 percent.
Growth of income
Despite the further drop in factory
employment, manufacturing wages and
salaries edged up in March after 2
months of decline. The increase reflected the longer workweek and a
continued rise in wage rates. Payrolls
increased in other industries as well,
largely because of higher wage rates.
Total personal income rose an estimated $4 billion in March, an increase
that matched the upward-revised fig-
ures for January and February.
Total personal income grew somewhat more rapidly in the first 3 months
of this year than in the final 3 months
of 1969, even though the growth of
wages and salaries slowed. The pickup
in income growth was partly the result
of a recovery in farm income, but
another important factor was a step-up
in the growth of transfer payments—a
sizable share of which consisted of
unemployment compensation.
The figures for April will show a very
sharp jump in transfer income as a result
of an increase in social security benefits.
The increase itself will cause a sizable
upward shift—about $4 billion—in the
annual rate of benefit payments. Because the increase is retroactive to
January 1, beneficiaries are also receiving a lump-sum payment. That payment
—on the order of $8 billion at an annual
rate—will cause a jump in April income
followed by an offsetting decline in May.
Another factor that will boost personal
income in the near future is the pay
raise for Federal employees, which is
scheduled to show up in paychecks
during May.
11
Interest rates lower
The decline in interest rates that has
been evident since early this year
continued in March. Late in the month,
the downtrend was spurred by a cut,
from 8K to 8 percent, in the prime rate—
the rate banks charge their most
credit worthy borrowers. So far this
year, the decline in rates has been most
pronounced in short-term markets. In
early April, most short-term rates were
down 1 to 1% percentage points from
their yearend levels; in the markets for
longer term capital, yields were down
about % of a percentage point on U.S.
Government securities and about % of a
point on State and local bonds. However, intense credit demands from
corporations have prevented downward
adjustment in the yields on corporate
bonds. Corporate yields in early April
were essentially unchanged from their
yearend levels, and down only slightly
from the peaks reached in early February. In mid-April, the markets were
digesting a huge financing in which the
American Telephone and Telegraph
Company sold $1% billion of debentures
(with attached warrants for the future
purchase of common stock), marketed
at a yield of 8% percent.
1969 GNP by Major Industry
Preliminary 1969 estimates of GNP
by industry of origin are presented in
this article. The estimates show that
most industries last year experienced a
slowdown in the growth of real output
and an acceleration in the rise of prices.
THE growth of the Nation's real output
slowed sharply last year while the rate
of price increase accelerated. Real GNP
rose only 2% percent from 1968 to 1969,
compared with a 5 percent increase
the year before; the rate of increase in
the implicit price deflator for total
GNP jumped from 4 percent in 1968
to 4% percent in 1969. The overall
pattern—slower output growth and
faster price rise—was shared by most
major industries. Table 1 shows preliminary estimates of 1969 gross national product by industry of origin, in
both current and constant prices, and
implicit price deflators for each industry's gross product.
Gross product originating in an industry is a measure of the industry's
contribution to GNP, i.e., to the
Nation's total output of goods and
services. An industry's gross product
may be calculated as the difference
between the value of its output and
the cost of purchased materials and
business services, or as the sum of the
industry's factor payments (employee
compensation, profits, etc.) plus its
nonfactor production costs (depreciation, etc.).
Changes in real output
The slowdown in the growth of real
output was most pronounced in government, manufacturing, and trade. The
latter two industries are ones which
would be expected to be particularly
responsive to policy measures of the sort
pursued last year, aimed at decelerating
the rate of economic expansion. Growth
SURVEY OF CUEEENT BUSINESS
April 1970
of construction industry output also cipal factor responsible for last year's
slowed appreciably, reflecting the severe slowdown in government product.
impact on home building of high
In manufacturing and trade—which
interest rates and reduced credit together originate nearly half of real
availability.
national product—the deceleration of
The sharpest drop in real growth oc- output growth reflected the weakening
curred in the government sector, where of demand for goods in final markets.
the increase last year was only 2 per- The slack in consumer buying affected
cent. That was less than half the size a broad range of goods beyond autos
of the 1968 increase, which had been and major appliances—and, in the
preceded by even larger gains in 1966 trade sector, retailing was more heavily
and 1967. A tapering in the expansion affected than wholesaling. Moreover,
of government activity associated with Federal purchases of defense equipthe Vietnamese war contributed to the ment registered only a nominal increase.
deceleration, but restrictions imposed Within manufacturing, the impact of
on Federal employment were the prin- last year's deceleration in overall growth
was cushioned for durables producers
by the continuued strong demand for
capital goods, and the slowdown of
••••••BBBBBBBBBBH CHART 6
output growth in the durables sector,
Percent Change in Implicit Price Deflators while substantial, was milder than
that in nondurables.
Percent Change
The transportation group was an
0
2
4
6
8
10
exception to the general pattern last
year, with real output showing an inTOTAL GNP
crease of about the same magnitude as
I
i
i
i
i
in 1968. This outcome reflected offPrice rise accelerated in most nonmanufacturing
setting movements within the aggregindustries last year
gate: output growth accelerated in the
air transportation industry but slowed
Agriculture, Forestry
in the motor freight and railroad in& Fisheries
dustries, which are more sensitive to
developments in manufacturing and
Services
trade.
The
communication industry—
Finance, Insurance &
Real Estate
whose output is principally composed
of telephone, telegraph, and related
Wholesale & Retail Trade
services—and the electric and gas
utilities have been the leading indusCommunication
tries in terms of output growth in
recent years, and they lead once again
Electric, Gas &
in 1969. The growth rate of communiSanitary Services
cation industry output dropped barely
at all, but that of the utilities slowed
substantially
after a sharp spurt in
The rate of advance in manufacturing was unchanged
1968. In other service-type industries—
i
i
t
the finance group and those providing
Manufacturing
personal and professioanl services—
1969 marked the second consecutive
year of deceleration in output growth.
Price rise slowed in government and transportation
Agriculture was the only industry
other than transportation in which
output growth did not slow last year.
Transportation
The industry's real product rose barely
1 percent, however, not enough to offGovernment & Government
Enterprises
set the drop in 1968. The output of
agriculture has moved erratically, and
its growth over time has lagged far be-
hind that of other industries—a trend
associated with the fact that consumer
spending for food, measured in either
current prices or real terms, has grown
over time much less rapidly than other
types of consumption.
12
U.S. Department of Commerce, Office of Business Economics
Price changes
The implicit deflator for overall
GNP rose 4% percent last year—the
largest advance since 1951. The deflators for all major industries likewise
increased, and in most cases the increases exceeded those recorded in 1968
(chart 6). One exception was manufacturing, where the price advance held at
the 1968 rate; the others were transportation and government, where the
rise in prices slowed after sharp increases in 1968. The deflator for agriculture jumped a steep 7 percent; the
smallest rise, less than 1 percent, was
in the utilities industry.
The sharp increase in the agriculture
price deflator in 1969 reflected the fact
that, as in 1968, the prices farmers
received rose more rapidly than the
prices they paid. The increase in the
government deflator in 1969, at 6.8
percent, was second only to the increase
for agriculture. The rise of the government deflator, which is measured by
changes in average employee compensation, partly reflected salary raises
granted to Federal employees in mid1969. Previous pay raises had occurred
in late 1967 and mid-1968, and the 1968
increase in the deflator was even larger
than last year's.
In the nonfarm private sector prices
rose most in trade and the service-type
industries. Also contributing to the
overall price acceleration were the communications industries and the electric
and gas utilities. For several years prior
to 1969, the deflators for communications and utilities output showed declines or virtual stability; in 1969 they
recorded what were for them significant
increases—although still small in comparison with other industries.
The 1969 changes in output and unit
labor costs exhibit the marked tendency
for pressures on costs to increase as the
growth of output slackens. As noted,
the slackening in output growth occurred
in all industries except agriculture and
April 1970
SURVEY OF CURRENT BUSINESS
13
Table 1.—Gross Product in Current and Constant Dollars and Implicit Price Deflators, by Industry
Current dollars * (billions)
All industries, total GNP...
Agriculture forestry, and
Mining
Contract construction
fisheries
-
Manufacturing
Transportation
Communication
~-
-- --
Electric gas and sanitary services
Wholesale and retail trade
Finance insurance and real estate
Services
- Government and government enterprises
Rest of the world
Residual 4
-_. -
1966
1967
1968
749.9
793.5
865.7
26.9
14.0
34.7
26.4
13.6
36.1
27.1
14.2
39.5
218.0
31.3
16.2
224.0
32.0
17.5
17.4
122.1
101.0
Constant dollars l (billions of
1958 dollars)
Implicit deflators 3 (1958=100)
1966
1966
1966
1967
1968
932.1
658.1
674.6
707.6
727.5
147.1
150.8
158.2
162.3
113.9
117.6
122.3
128.1
29.2
(5)
(5)
23.7
15.8
24.7
25.0
16.0
23.1
24.6
16.3
23.8
24.9
(5)
(5)
107.6
125.7
119.2
113.5
129.2
111.6
111.9
132.0
115.1
112.9
(5)
(5)
113.4
89.8
140.8
105.7
85.3
156.4
109.9
87.3
165.7
117.6
(5)
(5)
246.4
34.6
19.0
262.9
36.9
20.8
205.7
31.2
15.8
205.6
31.5
17.1
220.6
32.5
18.5
229.5
34.2
20.0
166.4
148.7
179.0
166.3
150.4
193.4
178.3
156.6
209.1
185.5
163 3
225.7
106.0
100.4
102.2
109.0
101.6
102.4
111.7
105.4
102.6
114.5
107.9
104.1
18.4
130.2
108.3
20.0
142.2
117.1
21.5
152.8
128.8
17.0
111.6
86.8
17.9
113.9
91.3
19.4
119.9
95.8
20.7
123.3
99.9
158.6
148.5
146.6
167.0
151.7
154.3
181.0
159.6
161.9
193.6
164.1
168.7
102.7
109.5
116.4
102.8
114.3
118.7
103.0
118.6
122.2
103.9
123.9
128.9
79.2
86.0
4.1
87.1
96.2
4.5
95.3
108.0
4.7
103.9
117.7
4.1
60.6
61.8
3.9
63.6
65.5
4.3
65.9
68.6
4.5
67.8
70.0
3.9
141.2
130.7
148.2
138.6
153.6
145.2
158.0
148.1
130.7
139.1
137.0
146.8
144.6
157.4
153.2
168.1
-1.0
—1.0
-2.5
-5.9
-.3
-.3
-3.2
-7.7
1969 P
transportation. In each of the lagging
industries there was a marked pickup in
the rate of increase of unit labor costs;
conversely, labor costs increased less
rapidly in the two industries where output gains in 1969 were greater than in
1968.
The widespread slowdown in output
growth was accompanied by an intensification of nonlabor cost pressures as
well and consequently profit margins
narrowed. This pattern was noted in
the nonfarm business sector as a whole,
but was especially evident among
manufacturing industries. The deflator
of manufacturing gross product rose
2% percent in 1969. Unit labor costs
and other costs were up about 3 to 4
percent, and profits per unit of output
were down 4 percent. These 1969
changes in manufacturing profits contrast sharply with those of 1968 when
unit profits rose briskly as a strong
demand for goods enabled producers to
increase prices more than enough to
offset higher costs.
The evidence accumulated thus far
in 1970 makes it very likely that for
the year as a whole increasing costs will
put further pressure on profit margins.
1967
1969 f
1968
1967
1968
1969 P
ured as the sum of gross product originating by industries. This difference in current dollars is
the "statistical discrepancy."
5. Data not shown separately but included in totals.
NOTE.—Dash line (—) not applicable.
Source: U.S. Department of Commerce, Office of Business Economics.
^Preliminary.
1. Details may not add to totals because of rounding.
2. Indexes are based on unrounded data.
3. Implicit price deflators are calculated with unrounded data, by dividing gross product in
current dollars by the corresponding gross product in constant (1958) dollars.
4. Represents difference between GNP measured as sum of final products and GNP meas-
1969 P
Index of gross product in 1958
dollars 2 (1958 = 100)
Table 2.—Annual Percent Change in Real Product by Major Industry: Selected Years
1961-65 i
1966
1968
1967
1969
2
5.6
6 0
25
Agriculture, forestry, and fisheries
Mining
Contract construction ._ _ .
.
17
—5 4
55
2 8
—6 4
—1 5
2 2 1
31 I
_ 1
81
8.0
8.9
9 5
81
7 2
4 2
81
5.7
5.8
5.5
5.2
6.4
4.5
2 1
5 2
5.3
84
53
4 9
2
4 5
50
4 9
60
36
4 7
2(
2 (
All industries, total (GNP)
Manufacturing _
Transportation
C ommunication
2.8
2.4
.. .
.._ ..
7.8
6.2
_. ._
..
_
_
Electric, gas, and sanitary services
Wholesale and retail trade
Finance, insurance, and real estate- __
. ._ - - ._ .
_. .
Services
Government and government enterprises
__
3.5
-
4.8
4.9
6.6
53
1.1
2
2
"
4 (
4
7
6
(
4,
1. Compound annual rate of change from 1961 to 1965.
2. Includes "rest of the world" and the "residual."
U.S. Department of Commerce, Office of Business Economics.
Table 3.—Annual Percent Changes in Implicit Deflators and Unit Labor Costs by Major
Industry: Selected Years
Implicit price deflators
1961-65 i
All industries, total (GNP) 2
Agriculture, forestry, and fish eries
Mining
Contract construction
M anuf acturing
Transportation .
C ommunication
Electric, gas, and sanitary services
Wholesale and retail trade..
Finance, insurance, and real estate
Services _
Government and government enterprises
-
_ _.
. ._
1966
Unit labor costs
1967
1968
1969
1961-651
1966
1967
1968
1969
1.5
2.7
3.2
4.0
4.7
1.2
3.8
4.7
4.7
6.9
1.7
-1.6
5.3
1.8
-9.4
4.7
-6.8
-5.0
11.1
4.4
2.3
5.9
7.0
(33)
()
-.4
-.2
5.3
9.2
.2
5.4
.0
.3
11.0
8.3
2.5
7.9
3.1
(3)
(3)
.4
.1
-.1
1.7
-.9
-.7
2.8
1.2
.2
2.5
3.7
.2
2.5
2.4
1.5
-.9
-1.5
-1.7
3.2
1.2
.4
4.8
2.9
.0
1.5
4.0
.0
4.0
2.4
6.8
-.3
.7
1.4
.4
2.3
3.5
.1
4.4
2.0
.2
3.8
2.9
.9
4.5
5.5
-1.0
.7
.6
.8
2.4
3.7
1.3
4.9
4.3
.0
4.0
7.3
2.1
6.9
8.3
3.3
4.1
5.0
5.1
4.8
5.5
5.5
7.2
5.9
6.8
3.3
3.8
5.5
5.6
5.9
4.8
6.7
6.5
9.4
7.2
1. Compound annual rate of change from 1961 to 1965.
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.
SURVEY OF CURRENT BUSINESS
14
April 1970
State Personal Income in 1969
Every State had at least a 6 percent
increase in personal income last year and
at least a 4)4 percent increase in income
per capita. Among regions, the largest
personal income gains were in the
Southwest and Southeast; the smallest
were in the Mideast and New England.
WITH farm income down in the fourth corded in all eight regions and in all
quarter of 1969, and manufacturing but 7 States. In five States—Iowa,
payrolls up only a bit, total personal Arkansas, Mississippi, Kentucky, and
income in the United States registered Michigan—there were small declines.
the smallest quarterly advance of the
Despite the fourth quarter slowyear. Even though the income rise down, total income for the year rose
slowed in most areas, increases of 8% percent in the Nation, with every
nearly one percent or more were re- State having an increase of at least 6
CHART 7
Per Capita Personal Income, 1969
I s. OAK.
\*&m
?/.-. • - ;,-'-
United States $3,680
HAWAII
3,882
|
H Over $4,000
$3,500 -3,999
$3,000-3,499
U.S. Department of Commerce, Office of Business Economics
Under $3,000
April 1970
SUEVEY OF CUERENT BUSINESS
15
Table 1.—Total Personal Income 1968-69, by States and Regions
percent. Per capita personal income was
up at least 4% percent in every State,
(Millions of Dollars)
and in all but two the increase exceeded
Seasonally adjusted at annual rates
the rise in the national consumer price
index.
State and region
1969
1968
1969 v
1968
Among regions, the largest 1969 gains
II '
I
II
IV
III
I'
III'
in total income were in the Southwest
(9.5 percent) and Southeast (9.2 per- United States
683,702 742,961 660,216 675,973 691,702 706,920 720,345 736,370 752,077
cent) ; the smallest were in the Mideast New England
_ _ __ 43,179
46,861
46,572 41,696
42,781 43,508
44,726
45,311 46,309
(8.2 percent) and New England (7.8
Maine
__ _
2,722
2,963
2,972
2,686
2,770
2,949
2,757
2,849
2,897
New Hampshire
2,485
2,512
2,304
2,491
2,215
2,249
2,381
2,409
2,288
percent). Gains close to the national
Vermont.
1,292
1,414
1,434
1,263
1,306
1,389
1,448
1,318
1,348
average occurred in the Rocky MounMassachusetts
. 20, 974
20, 793
21, 663
22, 496
22,886
22, 623
20, 340
21, 100
21,989
Rhode Island
3,232
3,411
3, 442
3,242
3,357
3,351
3,467
3,145
3,244
tain, Great Lakes, Plains, and Far West
13,554
13,585
Connecticut
- _ _ _ 12, 611 13, 610
12,047
12, 493
12, 774
13, 276
13, 128
regions.
Mideast
162,852 176,264 157,549 161,043 164,286 168,531 171,435 174,621 177,784
Personal income growth
Eight States had income gains last
year in excess of 10 percent. In four of
the eight—Arizona, Alaska, Hawaii,
and Florida—relatively large increases
occurred in most nonfarm industries.
In these States, whose economies are
geared in significant degree to the
tourist trade, the largest increases were
in construction, trade, finance, and services. A large gain in mining income in
Alaska was related to greatly expanded
oil exploration and drilling; in Arizona,
activity in copper boosted mining income sharply.
In the other four States with topranking income gains—Nebraska, Nevada, Georgia, and North Carolina—
large increases in farm income provided
the main impetus to overall expansion,
though gains in nonfarm industries
were generally also above average
except in Nebraska.
The behavior of farm income played
an important role in other States as
well. In Delaware, a large spurt in
farm income did much to bolster an
otherwise relatively weak income picture. Several of the States which registered the smallest income gains last
year—with advances of less than 7
percent—were in that position largely
because of weakness in agricultural income; these included Louisiana, Mississippi, and Missouri, where farm income declined, and South Dakota,
where the rise was very modest.
NOTE.—The estimates of State personal income were prepared in the Regional Economics
Division by Marian Sacks, Q. Francis Dallavalle, and Gordon Lester, Jr.
IV *
763,051
47,809
3,080
2,558
1,486
23, 120
3,541
14, 024
181,216
New York
New Jersey .
Pennsylvania. _ __ __ __
75,049
28,047
40, 102
80,989
30, 580
43, 243
72, 708
26, 995
39, 054
74, 156
27, 631
39, 743
75, 707
28, 200
40, 472
77, 625
29, 360
41, 140
78,972
29,766
42, 150
80,089
30,558
42, 886
81, 780
30, 462
43, 732
83,114
31, 534
44,203
Delaware
_ __
Maryland
District of Columbia
2,026
14,048
3,580
2,167
15, 416
3,869
1,948
13, 418
3,426
2,018
13, 937
3,558
2,052
14, 205
3,650
2,089
14,631
3,686
2,123
14,689
3,735
2,131
15, 142
3,815
2,192
15,688
3,930
2,222
16, 146
3,997
Great lakes
144,496
157,099
140,272
142,919
145,564
149,228
153,005
155,720
159,182
160,488
Michigan
Ohio
Indiana
32, 119
37, 151
17, 270
34, 574
40, 587
18, 891
31, 131
36, 028
16, 822
31, 696
36, 890
17, 055
32, 374
37, 474
17, 353
33, 272
38, 211
17, 849
33, 841
39, 382
18, 436
34,498
40,166
18,731
34,999
41,336
19, 107
34,957
41,466
19,291
Illinois
Wisconsin
43, 760
14, 197
47,609
15, 437
42, 606
13,685
43,254
14, 024
44, 007
14, 356
45, 172
14, 724
46,384
14, 962
47,137
15,188
48,060
15,680
48,857
15,917
52,140
56,555
50,822
51,240
52,979
53,521
54,810
55,908
57,529
57,970
12, 185
9,057
15, 065
13, 350
9,782
16, 086
11, 716
14, 675
8,902
11, 952
8,993
14, 880
12, 351
9,493
15, 144
12, 719
8,840
15,564
12,980
9,416
15,771
13, 110
9,843
15,834
13,441
10,298
16,300
13,868
9,570
16,438
1,712
1,887
4,661
1,852
2,011
5,278
1,674
1,896
4,561
1,570
1,860
4,637
1,796
1,877
4,664
1,809
1,913
4,781
1,835
1,908
4,934
1,722
2,045
5,352
1,916
1,995
5,271
1,934
2,096
5,554
Plains
Minnesota
Iowa
Missouri
- ~_
_-
North Dakota
South Dakota
Nebraska
7,574
8,197
7,398
7,348
7,654
7,895
7,966
8,002
8,308
8,510
117,253
128,084
112,618
116,245
119,137
121,016
124,021
127,154
129,661
131,501
14, 100
4,451
8,516
15,377
4,748
9,210
13, 510
4,314
8,190
13, 937
4,444
8,473
14, 348
4,498
8,612
14,602
4,550
8,789
14, 761
4,600
8,985
15, 235
4,734
9,215
15,561
4,782
9,365
15,953
4,877
9,276
10, 252
13,642
6,341
11, 197
15,045
6,947
9,786
13, 147
6,112
10, 122
13, 581
6,322
10, 464
13,882
6,438
10, 636
13,961
6,492
10, 894
14,627
6,692
11,058
15,042
6,897
11,331
15,096
7,061
11,503
15, 415
7,135
12, 705
19, 626
8,316
14, 108
21, 777
9,062
12, 159
18, 709
8,131
12, 566
19, 374
8,219
12, 905
20,008
8,408
13, 193
20, 416
8,507
13, 574
21,048
8, 752
13,914
21, 691
8,949
14,260
21,962
9, 237
14,684
22,407
9,312
4,878
9,814
4,611
5,174
10, 413
5,027
4,713
9,564
4,283
4,916
9,701
4,590
4,882
9,904
4,788
5,001
10,087
4,782
5,095
10, 180
4,813
5,216
10, 259
4,944
5,231
10,531
5,244
5,154
10, 680
5,105
Southwest .
48,214
52,797
45,920
47,553
49,154
50,227
50,755
52,266
53,689
54,478
Oklahoma
Texas .
7,259
33,254
7,872
36,401
6,983
31, 640
7,099
32,864
7,402
33,867
7,551
34, 644
7,553
35,054
7,686
36, 187
8, 031
36, 932
8,219
37,429
New Mexico
Arizona
2,667
5,034
2,876
5,648
2,608
4,689
2,627
4,963
2,710
5,175
2,723
5,309
2,823
5,325
2,826
5,567
2,918
5,808
2,938
5,892
Rocky Mountain
14,629
15,943
13,856
14,461
14,781
15,420
15,364
15,823
15,995
16,591
2,039
1,876
1,005
2,168
2,051
1,103
1,985
1,808
970
2,020
1,884
978
2,039
1,871
1,024
2,113
1,939
1,048
2,081
1,996
1,039
2,176
2,089
1,084
2,164
2,039
1,134
2,253
2,081
1,154
6,824
2,885
7,492
3,129
6,364
2,729
6,712
2,867
6,904
2,943
7,318
3,002
7,230
3,018
7,390
3,084
7,485
3,173
7,860
3,240
Kansas
Southeast.
. ..
Virginia
West Virginia
Kentucky
Tennessee
North Carolina
South Carolina
. . ._.
Georgia
Florida
Alabama
Mississippi
Louisiana.. - _
Arkansas
- -
Montana
Idaho
Wyoming
C olorado
Utah
-
97,099
105,351
93,841
95,932
98,369
100,254
101,537
104,367
107,021
108,477
Washington
Oregon .
12, 081
6,660
13,046
7,244
11, 718
6,432
11,965
6,574
12, 183
6,730
12, 461
6,903
12,604
6,972
12, 934
7,197
13, 253
7,391
13, 393
7,413
Nevada
California
1,777
76, 581
1,992
83,070
1,695
73, 996
1,733
75, 660
1,804
77, 652
1,877
79, 013
1,891
80,070
1,952
82,284
2,029
84, 348
2,095
85, 576
1,136
2,705
1,272
3,024
1,116
2,526
1,122
2,677
1,142
2,782
1,163
2,834
1,234
2,873
1,259
2,943
1,279
3,076
1,317
3,204
Far West.
Alaska
Hawaii
r
Revised.
*> Preliminary.
NOTE.—Quarterly 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.
16
Nonfarm industries also contributed
to the less-than-average income gains
in the low-ranking income States. In
Rhode Island, Montana, and Louisiana,
declines in construction income—a generally buoyant element in the country
at large—damped the income gain; in
Rhode Island, Montana, and South
Dakota, military pay rose little or
declined. In the face of these developments in basic activities, most other
industries rose at less-than-average
rates.
Personal income per capita
Per capita personal income rose in
all States in 1969. The largest gains
tended to be in those States where
farm income rose most, and the smallest
tended to be in those States where it
declined most. This is simply a reflection of the volatility of farm production
and farm prices. In most nonfarm
industries, substantial income gains are
associated with an increase in the labor
force, much of it stemming from inmigration, and hence per capita income rises less than does total income.
In farming, sharp changes in net income mainly reflect changes in production and prices and are transmitted
directly into per capita income.
The map on page 14 brings out some
noteworthy features of per capita income. Two facts stand out. Among the
States, there are wide variations in per
capita income—from $2,192 in Mississippi to $4,537 in Connecticut—and
States with lowest per capita income are
concentrated in the Southeast. Both of
these characteristics have moderated
over time. In 1948, for example, per
capita income in the top State was 230
percent of that in the lowest; in 1969,
the differential was 207 percent. In both
1948 and 1969, the Southeast region
had the lowest per capita income. Over
the two decades, however, the gap
between that region and the Nation has
narrowed: in 1948, per capita income in
the Southeast was about 30 percent
below the national average; in 1969, it
was only about 20 percent less.
SUEVEY OF CUREENT BUSINESS
April 1970
Table 2.—Per Capita Personal Income, by States and Regions, 1960-69
[dollars]
State and region
I960'
1961'
1962'
1963'
1964'
1965'
1966'
1967'
1968'
United States
2,215
2,264
2,368
2,455
2,586
2,765
2,980
3,162
3,421
3,680
New England
2,426
2,502
2,627
2,710
2,844
3,028
3,268
3,514
3,782
4,046
Maine
_ _
New Hampshire
Vermont.- _ _
1,844
2,144
1,842
1,828
2,205
1,877
1,904
2,300
1,980
1,957
2,343
2,013
2,132
2 436
2,150
2,304
2,581
2,377
2,477
2,830
2,645
2,582
3,024
2,809
2,819
3,254
3,043
3,039
3,474
3,267
Massachusetts
Rhode Island _
Connecticut
2,461
2,219
2,806
2,556
2,291
2 889
2,678
2, 425
3 038
2,774
2,510
3 113
2, 902
2,657
3 239
3,079
2,813
3,448
3,312
3,072
3,709
3,567
3,332
4,004
3,857
3,573
4 259
4,138
3,779
4,537
2,566
2,616
2,735
2,817
2,973
3,142
3,358
3,580
3,872
4,160
2,748
2,707
2,241
2,807
2,763
2,255
2,923
2,885
2,366
3,009
2,960
2,437
3,180
3,072
2,595
3,349
3,256
2,747
3,563
3,469
2,981
3,804
3,683
3,184
4,127
3,967
3,413
4,421
4,278
3,664
2,758
2,344
3,017
2,753
2,468
3,069
2,870
2,580
3,228
2,994
2,678
3,357
3,120
2,836
3,523
3,340
3,024
3,680
3,444
3,226
3,851
3,541
3,435
4,104
3,802
3,780
4,464
4,013
4,095
4,849
2,383
2,404
2,520
2,616
2,772
3,006
3,237
3,383
3,657
3,937
2,324
2,334
2,188
2,297
2,327
2,220
2,436
2,426
2,357
2,581
2,508
2,467
2,775
2,647
2,598
3,042
2,857
2,855
3,257
3,087
3,054
3,365
3,232
3,189
3,703
3,501
3,410
3,944
3,779
3,691
2,649
2,176
2,718
2,225
2,824
2,335
2,911
2,375
3,056
2 545
3,298
2,728
3,553
2,974
3,737
3,115
3,993
3,371
4,310
3,647
2,067
2,117
2,229
2,312
2,399
2,645
2,864
3,011
3,242
3,496
2,115
1,986
2,114
2,189
2,079
2,162
2,247
2,174
2,265
2,365
2,299
2,360
2,436
2,404
2,470
2,675
2,735
2,663
2,896
3,013
2,826
3,083
3,051
3,022
3,326
3,264
3,268
3,608
3,517
3,459
1,714
1,782
2,110
1,502
1,771
2,112
2,148
1,999
2 244
1,999
1,908
2,273
1,981
1,885
2,365
2,311
2,210
2,640
2,415
2,467
2,941
2,543
2,587
3,068
2,743
2,838
3,208
3,011
3,051
3,642
Mideast
New York
New Jeresy
Pennsylvania
._ _
_ _
Delaware _ _ _ _
Maryland
_ _ _ _ __
District of Columbia
Great Lakes
Michigan _
Ohio
Indiana
_
IllinoisWisconsin
Plains _
Minnesota
lowa.
Missouri _ ___ _
North Dakota
South Dakota _ _ _
Nebraska
_ _
Kansas. _ _
Southeast
Virginia. _ .
West Virginia. _ . . .
Kentucky
- .
Tennessee
North Carolina
South Carolina
Georgia
Florida
Alabama
._
Mississippi
Louisiana
Arkansas .
Southwest
Oklahoma
Texas
_.
New Mexico
Arizona
..
_ -
._ ..
1969P
2,162
2,251
2,343
2,398
2,498
2,683
2,909
3,040
3,306
3,531
1,610
1,663
1,747
1,834
1,951
2,099
2,291
2,464
2,680
2,896
1,841
1,594
1,575
1,896
1,634
1,673
2,015
1,696
1 755
2,093
1,778
1 840
2,263
1,892
1,895
2,417
2,025
2,060
2,607
2,174
2,254
2,813
2,316
2,420
3,062
2,447
2,642
3,294
2,610
2,850
1,543
1,560
1,377
1,617
1,625
1,427
1,693
1,724
1 528
1,772
1,801
1 576
1,874
1,916
1,688
2,042
2,049
1,844
2,234
2,281
2,046
2,370
2,447
2,192
2,594
2,659
2,376
2,810
2,890
2,580
1,639
1,950
1,488
1,677
1 968
1 506
1,774
2 049
1,575
1,878
2 141
1,669
2,008
2,291
1,774
2,173
2,442
1,920
2,377
2,645
2,053
2,574
2,896
2,165
2,775
3,160
2,361
3,040
3,427
2,567
1,204
1,654
1,372
1 267
1,686
1,485
1,308
1,747
1,544
1,434
1,839
1,625
1,484
1,940
1,743
1,611
2,079
1,836
1,764
2,272
2,036
1,895
2,435
2,140
2,077
2,645
2,325
2,192
2,780
2,520
1,921
1,975
2,022
2,092
2,198
2,345
2,549
2,731
2,973
3,211
1,861
1,924
1,908
1,982
1,924
2,025
1,990
2,102
2,120
2,213
2,299
2,358
2,479
2,580
2,660
2,767
2,855
3,020
3,065
3,254
1,888
2,032
1,939
2,068
2,011
2,168
2,048
2,220
2,098
2,281
2,236
2,402
2,356
2,570
2,464
2,768
2,683
3,020
2,894
3,336
2,108
2,152
2,281
2,320
2,382
2,546
2,693
2,830
3,032
3,269
Montana. .
Idaho
Wyoming
2,037
1 850
2,261
1,970
1,913
2,296
2,268
2,030
2,386
2,263
2,045
2,412
2,260
2,125
2,435
2,448
2,402
2,570
2,664
2,405
2,764
2,768
2,529
2,889
2,930
2,646
3,120
3,124
2,857
3,447
Colorado
Utah
2,275
1 968
2,342
2 037
2,421
2,161
2,479
2,210
2,566
2,268
2,715
2,374
2,898
2,490
3,057
2,616
3,301
2,798
3,568
2,994
Far West... .
2,621
2,691
2,808
2,906
3,043
3,182
3,410
3,602
3,895
4,158
Washington
Oregon
2,348
2,235
2,452
2,276
2,589
2,372
2,618
2,471
2,719
2,608
2,906
2,773
3,226
2,944
3,407
3,098
3,665
3,323
3,835
3,565
Nevada
_
California.- ._ _ _ . _ _ .
2,856
2,709
2,919
2,774
3,232
2,883
3,235
2,993
3,238
3,137
3,305
3,267
3,478
3,488
3,634
3,687
3,957
3,993
4,359
4,272
Alaska.- .. _. _ . _ _.. . ... ._ ._.
Hawaii
2,835
2,380
2,681
2, 473
2,731
2,542
2,785
2,612
3,052
2,755
3,226
2,819
3,473
3,090
3,798
3,237
4,116
3,559
4,512
3,882
Rocky Mountain..
p
' Revised.
Preliminary.
NOTE.—The population estimates used to derive this series were from the following Population Estimates publication:
Series P-25, No. 436, January 7,1970, Bureau of the Census, U.S. Department of Commerce.
Source: U.S. Department of Commerce, Office of Business Economics.
April 1970
SUKVEY OF CURRENT BUSINESS
17
Table 3.—Percent Change in Selected Shares of Personal Income, From 1968-69, by States and Regions
Earnings of persons engaged in production i
Total
personal
income
State and region
Total
earnings
Farm
Mining
Contract
construction
Manufacturing
Wholesale and
retail
trade
TransFinance,
insurportation,
communiance,
cation,
Services
and real
estate and public
utilities
Government
Other
Federal
Civilian
Military
State
and
local
United States
8.7
9.0
9.2
7.6
13.4
8.0
8.3
11.4
8.4
9.6
2.4
7.7
8.1
New England
7.8
8.0
15.5
5.0
11.4
5.8
8.1
9.7
9.5
9.3
2.9
7.9
5.4
9.8
Maine..
New Hampshire
Vermont-
7.8
8.9
9.8
7.7
9.2
10.5
40.4
18.3
9.6
3.0
17.9
-1.0
12.4
18.7
16.8
4.1
4.7
8.9
7.6
11.0
9.1
10.4
10.8
11.3
7.8
12.8
9.9
8.4
8.1
12.4
2.7
4.0
11.0
5.1
9.8
13.4
-9.1
9.9
6.6
12.4
16.4
10.1
M assachusetts
Rhode Island
Connecticut
7.9
6.1
7.9
7.9
5.8
8.2
4.6
20.1
3.7
5.1
3.1
6.1
10.8
-.5
13.0
5.8
6.6
5.8
7.5
6.4
9.0
10.2
6.4
9.4
10.0
11.2
8.1
9.8
4.3
9.6
2.9
2.9
2.4
6.8
7.7
11.5
8.2
2.3
11.9
8.4
5.8
11.8
Mideast
10.3
8.2
8.4
17.2
7.7
10.6
6.9
7.9
12.0
7.5
9.3
2.9
6.7
7.8
10.2
New York.
New Jersey
P ennsylvania
7.9
9.0
7.8
7.9
9.5
8.0
13.4
-1.2
16.8
1.9
17.7
8.1
9.2
10." 4
12.2
6.0
7.7
7.6
6.3
11.9
6.9
12.8
12.5
9.1
8.2
8.5
5.6
8.0
12.5
8.5
2.8
2.4
2.7
7.4
7.3
6.9
6.7
1.6
6.4
10.1
9.0
9.6
Delaware
Maryland
District of Columbia
7.0
9.7
8.1
6.8
10.3
8.0
60.5
32.1
8.7
9.8
78.5
2.4
14.9
1.1
3.9
7.8
6.0
10.4
10.5
4.6
10.0
12.1
7.4
3.8
7.0
3.3
9.9
12.4
9.3
4.6
2.4
5.5
6.4
5.4
7.4
-18.2
15.2
14.6
11.0
13.5
12.8
8.7
9.2
12.4
6.5
16.6
8.3
7.6
10.2
9.5
9.1
2.3
7.6
7.2
10.2
11.5
10.6
6.8
Great Lakes
Michigan
Ohio
Indiana.
7.6
9.2
9.4
7.8
9.8
9.9
-.5
-5.2
27.8
3.8
10.8
3.4
16.0
19.3
17.8
6.2
9.6
9.8
7.0
9.0
7.9
10.3
10.3
9.5
9.2
8.0
7.9
8.2
9.8
8.4
2.3
2.3
1.7
10.7
7.3
6.9
.2
4.5
4.5
Illinois.
Wisconsin _
8.8
8.7
9.3
9.2
28.2
2.1
5.4
6.5
15.9
11.2
7.7
9.6
6.9
8.0
10.0
11.2
11.5
8.8
8.8
10.7
2.4
2.4
6.0
9.7
13.3
5.0
10.5
9.7
Plains
Minnesota.
Iowa
Missouri
-..
North Dakota
South Dakota
Nebraska
Kansas
8.5
8.8
17.4
4.6
10.3
7.0
7.2
10.2
5.7
8.6
1.4
7.7
10.8
9.5
9.6
8.0
6.8
10.2
8.2
6.6
11.9
15.3
-6.3
2.0
.5
8.5
15.3
4.1
7.6
11.6
7.4
5.1
8.8
5.9
7.1
11.6
10.2
9.7
8.3
4.5
4.6
9.1
7.8
8.8
2.8
1.5
1.6
9.2
7.4
7.3
2.1
-7.8
15.6
9.2
9.6
11.6
8.2
6.6
13.2
8.5
6.2
15.2
17.8
5.0
59.1
3.3
8.2
12.2
10.2
10.2
13.7
2.7
.0
10.5
5.8
5.7
7.2
5.6
6.5
10.2
4.5
6.6
6.4
6.4
10.2
7.5
-.8
1.6
-1.9
9.2
5.9
6.7
-.6
4.6
-.2
7.3
8.5
9.2
8.2
8.5
25.6
5.2
11.8
1.6
7.2
10.2
4.7
8.6
1.5
8.2
21.1
7.4
9.2
10.0
10.1
6.4
14.5
10.0
8.7
12.1
8.8
9.6
2.6
8.2
8.2
10.2
VirginiaWest Virginia .
Kentucky
9.0
6.7
8.1
9.5
6.4
8.3
13.9
20.0
11.2
10.6
7.6
5.3
14.2
9.0
15.1
8.0
7.0
7.7
10.0
6.4
8.0
13.2
8.9
8.5
5.8
2.6
5.2
10.0
4.0
10.2
2.4
2.4
1.2
7.5
8.2
5.5
10.2
4.2
2.0
11.0
5.7
8.8
Tennessee
North Carolina
South Carolina
9.2
10.3
9.6
9.7
11.0
10.1
17.7
28.0
18.2
6.3
3.3
8.6
16.6
15.3
8.4
9.6
9.5
11.0
7.6
8.5
8.6
10.7
13.1
11.2
7.9
9.8
12.2
9.0
9.5
10.2
2.7
3.0
4.3
10.3
9.8
7.2
6.0
11.0
7.2
9.1
10.7
9.8
Georgia
Florida
Alabama
11.0
11.0
9.0
11.9
12.2
9.5
19.4
5.5
23.5
9.9
3.7
7.5
13.4
27.9
13.4
13.5
11.3
11.0
11.3
9.8
7.0
12.6
15.2
8.1
11.3
13.2
8.7
10.8
11.9
6.2
4.1
2.0
3.0
7.8
10.0
7.2
9.1
8.4
6.5
11.0
11.8
8.7
6.1
6.1
9.0
5.7
5.8
9.5
-11.0
-19.5
9.1
5.4
5.3
4.8
12.8
-1.5
18.3
8.0
8.2
12.1
6.0
7.2
6.4
8.7
10.4
10.4
8.3
6.6
6.3
6.6
7.9
9.3
3.2
2.0
2.9
10.1
10.1
8.2
7.9
7.2
-3.4
9.9
10.5
9.6
Southwest _.
9.5
10.2
-4.0
7.8
17.0
11.8
10.1
13.1
8.3
12.8
2.0
8.8
6.8
10.5
Oklahoma
Texas
8.4
9.5
8.9
10.1
6.7
-8.1
3.9
5.7
12.8
15.7
12.6
11.3
7.1
10.3
10.2
13.4
9.6
8.2
9.8
13.5
2.4
1.7
9.1
9.4
2.9
8.3
9.4
11.2
New Mexico
Arizona
7.8
12.2
8.1
13.4
1.1
2.2
11.5
28.3
10.9
33.1
12.4
14.3
7.4
14.2
9.4
16.7
4.5
9.0
8.4
14.4
3.2
2.6
6.1
7.3
11.3
-.1
8.5
9.6
Rocky Mountain
9.0
9.4
15.8
14.4
8.1
11.4
8.9
10.7
6.6
10.2
3.3
5.8
2.6
9.0
Montana
Idaho
Wyoming
6.3
9.3
9.8
6.0
9.8
10.5
7.6
21.1
30.0
18.0
9.3
17.4
-2.0
8.6
-.6
8.4
9.4
10.7
6.3
6.9
9.5
8.7
9.0
7.0
4.2
5.3
5.7
7.6
7.5
12.0
3.2
-.7
17.1
4.3
6.5
7.8
-10.9
14.0
-2.2
7.9
10.0
6.5
Colorado
Utah__
9.8
8.4
10.4
8.8
13.2
21.6
7.6
20.2
13.0
6.9
13.9
8.4
9.9
9.2
11.2
12.2
8.0
6.6
11.3
10.5
2.7
4.3
5.9
5.6
5.4
-7.7
10.1
7.8
8.5
8.8
-3.7
5.8
11.6
7.0
8.8
11.7
9.2
9.9
2.4
8.5
10.3
11.2
15.8
-2.9
10.2
10.6
Southeast
._
Mississippi .
Louisiana
Arkansas
Far West .
Washington
Oregon. _
8.0
8.8
8.0
9.0
1.2
21.7
7.3
-4.1
6.3
11.9
6.0
10.5
8.7
5.8
11.5
10.6
7.2
5.0
8.9
8.8
1.7
1.7
8.5
7.4
Nevada
California
12.1
8.5
13.2
8.7
37.7
-7.3
17.8
5.0
30.8
12.0
17.7
6.9
10.6
9.0
13.1
11.8
10.5
9.9
11.2
10.0
-4.7
2.8
10.5
8.6
10.5
9.5
11.4
11.4
Alaska
Hawaii
12.0
11.8
12.6
12.9
-33.2
-3.9
41.2
32.1
26.7
32.3
7.9
11.1
14.2
13.0
12.1
20.0
7.9
16.0
15.2
16.1
-1.9
-.5
4.4
8.2
9.0
4.2
14.8
11.9
1. Consists of wages and salaries, other labor income and, for nongovernment, proprietors' income.
Source: U.S. Department of Commerce, Office of Business Economics.
380-168
O - 70 - 3
By ROBERT C. WASSON, JOHN C. MUSGRAVE, and CLAUDIA HARKINS
Alternative Estimates of Fixed Business Capital
in the United States, 1925-1968
Concepts Underlying the
a way that transfers the assets into or
out of the business-sector gross capital
Alternative Estimates
stock at their estimated original acquisiThe treatment of purchases and sales
tion costs.2 The conceptual justification
and sources of data for the new alterna- of nonresidential used assets by the
tive procedure are discussed later. Be- business sector is the basis of the
cause there are advantages and dis- difference between the two alternative
advantages to both methods, estimates sets of private capital stock estimates.
have been compiled both ways. Tables The transactions in question consist
1-3 present capital stock estimates of government sales of surplus strucbased on the transaction-price method, tures and equipment to business and
and tables 4-6 present estimates based a smaller volume of sales of used
on the alternative original-cost method. equipment by business to foreigners
(exports). The following example will
Another new feature of the OBE
illustrate the difference between the
program of capital stock estimation is transaction-price procedure and the new
the preparation of estimates of govern- alternative original-cost procedure:
YEWcalculations of the Nation's stock ment-owned,3 privately operated (GO- Suppose the government purchases a
of nonresidential fixed business capital PO) assets. These figures appear in new asset in year 1 for $100 and sells
for the period 1925-68 have been pre- table 7. The conceptual basis and the it in year 4 to a private firm for $40.
pared by the Office of Business data sources for compiling these In the transaction-price method, the
business-sector investment of $40 is
Economics. The initial report in this estimates are also discussed later.
project, which described the methodA limited selection of capital stock entered into the sector's gross stock in
year 4, and price deflators of capital
ology, appeared in the December 1966
tabulations is presented in this article.
goods for year 4 are applied to the $40
SURVEY,1 and selected tables were
presented in the February 1967 SURVEY. A volume of several hundred tables is investment in the estimation of business
They were updated in the December being prepared for publication, and an sector constant dollar gross stock in
1967 and February 1969 issues of the announcement of the availability of the year 4. In the original-cost procedure,
volume will appear in a future issue of the asset is brought into the businessSURVEY.
In addition to the routine updating the SURVEY. The volume will also sector gross stock in year 4 at a value
to incorporate revised investment fig- include a detailed statement of method- of $100, and the deflators of capital
ures for recent years, the latest capital ology for both the transaction-price goods for year 1 are used to derive the
stock estimates include an alternative method and the alternative original-cost constant dollar estimate.
Capital stock estimates based on the
method of valuing used assets bought method of valuing used assets bought or
from or sold to other sectors of the sold by the business sector. A summary original-cost procedure differ from those
economy by the business sector. In of the tables to be contained in the based on the transaction-price procedure because the valuation of businessearlier estimates, and in one variant of volume may be found in exhibit A.
sector purchases of government surplus
the present estimates, such assets are
assets at their original acquisition costs
valued at transaction prices. In the new
results in higher estimates of business
2. In many instances, data on the actual original costs and
alternative estimates, transfers of used
of original acquisition of these assets were not available
gross capital stocks. This effect is slightassets—which mostly involve sales by years
and had to be estimated.
ly
dampened by the valuation of busigovernment to business—are treated in
3. Earlier work on GOPO capital and the alternative
ness-sector
sales of used equipment to
method of valuing purchases of government surplus assets in
1. Lawrence Grose, Irving Rottenberg, and Robert C.
foreigners at original costs, which has the
manufacturing industries appeared in "Manufacturing
Wasson; "New Estimates of Fixed Business Capital in the
Investment Since 1929," by Donald G. Wooden and
effect of lowering the estimates of busiUnited States, 1925-65," SURVEY OF CURRENT BUSINESS,
Robert C. Wasson, SURVEY OF CURRENT BUSINESS,
December 1966.
ness gross capital stocks. As the value of
November 1956.
Annual estimates of the Nation's
stock of nonresidential fixed business
capital for the period 1925-68 are given
for major industry groups and detailed
types of structures and equipment.
Alternative sets of calculations, based
on two methods of valuing purchases
and sales of used assets by business,
are given, as well as estimates of government-owned, privately operated capital
stocks. The tabulations presented in
this article are a summary of a much
more detailed study, which will be
available soon.
Ni
18
April 1970
business purchases of government surplus has been considerably greater than
the value of private exports, the total
privately owned constant-dollar gross
stock estimated by the original-cost
method is greater than that estimated
by the transaction-price method by
about 1 percent in 1925, about 4.5 percent in the early post-World War II
period, and about 1 percent in 1968.
The trend of the gross stock estimates
prepared by the original-cost alternative is, therefore, slightly different from
the trend of the estimates prepared by
the transaction-price method.
A number of comparisons of the two
sets of estimates for selected periods are
shown in table A. For the period 192545, there is only a negligible difference
in the behavior of constant dollar gross
stock estimated by the two methods.
From 1945 to 1950, when large amounts
of World War Il-vintage government
surplus assets were sold to business,
total constant dollar gross stock increases more rapidly under the originalcost concept. In subsequent periods,
when these used assets were retired from
the gross stock of private capital, the
rate of increase in the constant dollar
gross stock is somewhat less under the
original-cost method than under the
transaction-price method.
Advantages and disadvantages of
transaction-price and originalcost methods
The original-cost method of valuing
assets transferred between sectors is
more consistent with the valuation of
assets which do not change hands than
is the transaction-price method. Since
the gross value of an asset remains
constant over its service life in the case
where it does not change hands, its
gross value should remain unchanged
when it is transferred to another sector
to complete its service life. Thus, when
a used asset is transferred between
sectors, it would ordinarily be consistent
to add it to the gross stock of the
purchasing sector at the original acquisition cost to the selling sector, since the
gross value of the asset is not changed
by the transaction.
Despite the superior consistency of
the original-cost method, there are some
SUEVEY OF CURRENT BUSINESS
important qualifications which should
be noted. A large part of the government surplus sold to business is of
World War II origin and consisted,
in part, of ships, aircraft, and trucks
which were sometimes built with special
characteristics for wartime service
which added to their cost. Under these
circumstances, transfers valued at original costs could overstate the growth of
the productive capacity in the private
sector, where such assets are used for
nonwar purposes.
More generally, the government surplus assets sold to business after the
war may be inherently less suited to
their postwar uses than to their wartime uses. It may, of course, be argued
that some new capital assets purchased
by the private sector during the war
would also be less productive in their
postwar uses. It is likely, however, that
the government surplus assets purchased by business were generally more
specialized, and consequently less
adaptable to peacetime uses, than these
new assets purchased by business during
the war.
A further problem arises in connection with the government disposition of
very old structures in the 1950's and
1960's, such as post office buildings and
warehouses. These transfers were excluded from the estimates of sales of
government surplus assets in cases for
which there was some evidence that
19
the acquiring firm was in reality purchasing the property to acquire the
land. However, there was no way of
identifying all such cases.
Also, there are problems in implementing the original-cost method, since
it requires information on the original
acquisition costs of the government
surplus assets sold to business and the
years of original acquisition by the
government of these assets, and such
information is not always available.
The original-cost estimates are, therefore, based on a variety of data sources
of uneven quality, incomplete in some
respects, and requiring a number of
assumptions.
In summary, there are advantages
and disadvantages to both methods of
valuing used assets purchased or sold
by business, and it seems advisable,
for the present, to tabulate capital stock
estimates using both methods.
Government-owned, privately
ated (GOPO) capital
oper-
Since estimates of the stock of assets
which are owned by the Federal Government but operated by business are
of interest, the 1970 study includes
capital stock tabulations for these
GOPO assets. These estimates, which
consist mainly of Atomic Energy Commission plants and capital assets provided by the Department of Defense,
have not been included in our esti-
Exhibit A. Contents of Forthcoming QBE Capital Stock Volume
Concept of gross investment
Type of table
Privately owned
GOPO 2
Transactionprice method l
Originalcost method 1
A
B
A
B
C
n.a.
B
B
n.a.
Gross and net stocks, depreciation, discards, ratios of net to gross stocks,
and average ages of gross and net stocks:
85% and 100% of Bulletin F:
Straight line and double
declining balance depreciation methods:
By major4 industry 3
Bytype
.
Cumulative age distribution of gross stocks:
85% of Bulletin F:
Total of equipment and structures for all industries
n.a.—Not available.
A—Available in constant cost (alternates 1 and 2) and current cost (alternates 1 and 2) valuations.
B—Available in constant cost (alternates 1 and 2) valuations.
C—Available in constant cost (alternate 2) valuation.
1. Refers to method of valuing purchases and sales of used assets by the business sector.
2. GOPO—Government-owned, privately operated, including separate tabulations by four government agencies of
ownership.
3. Includes tabulations for equipment, structures, and the total of equipment and structures for all industries, farm,
manufacturing, and all other industries for constant cost valuations. In current cost valuations, separate estimates for "farm,"
"manufacturing," and "all other industries" are not included. For GOPO, separate estimates for "equipment" and "structures" are not included.
4. Includes 20 types of equipment and 10 types of structures.
NOTE.—All tabulations are based on the Winfrey retirement pattern.
20
mates of privately owned capital stock.
This treatment is consistent with the
approach generally adopted in the
national income accounts of recording
the use and the returns of capital to
the sector of ownership rather than of
use. Classification by sector of ownership is desirable if a consistent set of
national accounts is to be derived,
since most of the available data are on
this basis.
Another reason for not including
GOPO assets in our capital stock
estimates relates to the valuation of
government output in the national
income accounts. The estimate of the
value of national product in the accounts does not include a return on
the services of general government
capital (which includes GOPO capital);
and the estimate of the capital earnings component of national income
does not include earnings from general
government capital. Since the contribution of GOPO capital is excluded
from our measures of output, it would
be inconsistent to include GOPO assets
in our measures of capital input.
Sources Used to Derive Basic
Investment Data
The calculations in the 1970 QBE
capital stock study, as in earlier OBE
studies, were based on the perpetual
inventory method, which uses data on
gross investment to calculate estimates
of gross capital stock, net capital stock,
depreciation, and related measures.
The sources and methods used in the
previous OBE capital stock studies are
given in the article in the December
1966 SURVEY.4
The basic investment data are taken
from the national income accounts and
represent gross investment by the business sector in equipment and nonresidential structures, with this sector's
purchases of used assets from other
sectors (net of sales) valued at actual
transaction prices. Because the scope of
OBE's capital stock work was broadened in the 1970 study to include the
alternative "original-cost" series, data
were needed for two additional types of
investment:
1. Purchases of government surplus
assets by the business sector valued at
4. Grose et al., op. cit.
SUEVEY OF CURRENT BUSINESS
original acquisition costs (with information also needed on the years of original
acquisition by the government);
2. Sales of used assets by the business
sector to foreigners valued at original
acquisition costs (with information also
needed on the years of original acquisition by business).
The 1970 study also entailed the
estimation of series on governmentowned, privately operated (GOPO)
assets.
The sources used to derive these
new data are discussed below.
Purchases of government surplus
assets by business
Purchases of government surplus
assets have added appreciably to the
Nation's stock of business capital since
World War II. Some smaller amounts
of World War I surplus (notably ships)
have also been purchased by business.
Although most government surplus
currently owned by the business sector
was purchased from the Federal Government, purchases of surplus trucks
and office furniture from State and local
governments are also included in the
private stock. The data sources for
estimating business purchases of government surplus assets are outlined
below.
World War I and interwar-period
surplus. The basic data on purchases of
government structures were obtained
from a study by James A. Cook,5 which
gave both the original acquisition costs
and the sales prices of the structures
purchased. For our purposes, the value
of land was estimated at 3 percent of
of the original cost (based on IRS data)
and removed. These purchases were
very small, amounting to about $250
million in original costs ($760 million
in constant 1958 dollars).
It was not necessary to obtain
separate data on Government sales of
surplus producers7 durable equipment
from World War I plants, since these
equipment investment data were allocated from manufacturers' shipments
data on producers' durable equipment
at original acquisition costs (i.e., the
producers' durable equipment purchased by the government for these
plants was assumed to have been sold
5. James A. Cook, The Marketing of Surplus War Property,
Public Affairs Press, 1948.
April 1970
to business prior to 1925, the first year
of our capital stock estimates). Purchases of surplus ships are treated
specifically below. Purchases of other
World War I and interwar-period
surplus equipment, separate from purchases of plants, consisted primarily of
trucks and buses and amounted to
about $2.2 billion in original costs ($4.6
billion in constant 1958 dollars).
Surplus ships. Sales of government
surplus ships to business were recorded
in recurring and special reports of the
U.S. Shipping Board, Secretary of
Commerce, U.S. Maritime Commission, U.S. Federal Maritime Board, and
the Maritime Administration. The disposition of World War I and interwarperiod surplus ships to domestic buyers
was heavy through the 1920's and continued in small amounts in the 1930's.
Sales during this period consisted of
ships with an original acquisition cost
of $2.5 billion ($6.0 billion in constant
1958 dollars). Some data on these ships
were found in U.S. Shipping Board
reports, which did not provide the
original acquisition costs or the actual
years of construction of the specific
ships later purchased by the business
sector. It was necessary, therefore, to
estimate the original costs from data
on tonnages and average costs per ton
in the periods of construction. The
specific years of construction were inferred in a pattern which approximated
the actual pattern of construction during the years in which these ships were
built.
The basic procedure for treating
purchases of surplus World War II and
postwar ships was similar. Annual data
on dispositions of these ships were
available from reports of the U.S.
Maritime Commission. A large number
of ships were sold to the business
sector immediately after the war. Dispositions were essentially terminated
during the Korean conflict. The estimated original acquisition costs were
based on average construction costs for
the ships sold. Age at time of sale had
to be imputed, with account taken of
the large loss through sinking of ships
built in 1941-43. Business-sector
purchases of World War II and postwar ships amounted to about $3.25
billion ($7.75 billion in constant 1958
dollars).
April 1970
World War II and postwar surplus
structures. Sales of surplus World War
II structures (primarily industrial
plants) amounted to about $6.3 billion
($14.4 billion in constant 1958 dollars).
Sales of surplus structures built after
the war were negligible—less than $200
million. The amount of the surplus
World War II structures had to be
estimated from data on sales of surplus
structures and related equipment.
The basic sources for sales of World
World II surplus structures and related equipment to business were quarterly and special reports of the U.S.
Office of Surplus Property, War Assets
Administration, Federal Facilities Corporation (covering synthetic rubber
plants), and the General Services Administration. Of particular value was
the War Assets Administration report
of April 1948, "Report on GovernmentOwned Industrial Plants as of September 30, 1947." That report provided basic information on all of the
government surplus plant and equipment sold through 1946 and that still
available for sale in 1947. Original
acquisition costs, as well as amounts
realized, were given for the facilities
sold; and original costs were given for
the stock available for sale.
From 1947 through 1949, War Assets
Administration (WAA) reports formed
the basis for the estimates of sales of
surplus structures. Beginning in 1950,
the reporting of these sales was taken
over by the General Services Administration (GSA). Most of the World
War II surplus structures were sold to
the business sector between 1946 and
1949.
Unlike the data sources for ships,
these sources specifically reported the
original acquisition costs of these
plants, fully equipped. To obtain figures
for structures alone, it was necessary
to estimate and remove a value for
land (5.3 percent of total value prior
to 1955 and 6.5 percent thereafter,
based on IRS data) and a value of
equipment sold with the structures, as
explained below.
The WAA and GSA reports provided data on equipment included in
those transactions where an entire
plant (structures, equipment, and land)
was sold and some data on equipment
these plants which was sold
Digitizedfrom
for FRASER
SURVEY OF CURRENT BUSINESS
separately. Separate estimates were
made of the original value of equipment included with the structures by
reconstructing the original value of
the plants, fully equipped, and allowing for the value of equipment sold
separately. The allocation by type of
equipment was estimated similarly.
World War II and postwar surplus
equipment. Sales of surplus World War
II equipment other than ships (including the equipment sold with plants
mentioned above) amounted to about
$8 billion at original acquisition costs
(over $15.5 billion in constant 1958
dollars). Sales of such surplus equipment originally acquired by the Government during the postwar period
amounted to about $10 billion (over
$12 billion in constant 1958 dollars).
As noted earlier, the value of equipment sold with structures had been
separated to obtain estimates for structures alone and, hence, these separate
estimates of equipment were available.
However, after 1949, some of this
related equipment was omitted from
our capital stock calculations, being
treated essentially as scrap.
For equipment sold separately from
structures, a wide range of sources was
used, including all those mentioned
earlier. Through 1946, data were available in essentially the form needed for
purposes of capital stock estimation.
After that period, the reports produced
by the various government agencies
were incomplete in various ways. They
did not provide the required detail by
type of equipment from which businesssector purchases could be directly
obtained, and they provided only trans-
21
action prices and not the original
acquisition costs. The data for 1947
through 1949 were somewhat more
detailed than the post-1949 data and
formed a basis for extrapolating through
1949.
A detailed study of sales of government surplus was made for 1958 in
connection with the OBE input-output
project. This study formed the basis of
extrapolation back to 1949 and into
the 1960's. Original valuations were
obtained by applying a separate factor
(constant over time) to the sales prices
for each type of equipment. Most of
these factors were derived from the
input-output study. The sources for the
input-output project also provided the
basis for computing the original years
of acquisition of these assets. Most of
the equipment sold after 1950 consisted
of aircraft, trucks, buses, and furniture—assets which had been used for
a number of years. They were sold at
about 15 percent of their original
acquisition costs and had a short
remaining "life."
Sales of used equipment by business
to foreigners
Statistics prepared by the Bureau of
the Census from export declarations
provided the basic data on exports of
used producers' durable equipment at
transaction prices. After adjustments
for transportation costs and wholesalers' margins, the export values were
raised to estimated original costs by
a variety of procedures depending on
the type of equipment. For example,
office equipment was estimated as
being sold at one-eighth of the original
Table A. Percent Changes Over Selected Spans in Estimates of Gross Capital Stocks
Using Transaction-Price and Original-Cost Methods of Valuing Purchases and Sales
of Used Assets by Business
Service Lives: 85 Percent of Bulletin F
Constant Cost 2 Valuation
Winfrey Distribution
Manufacturing industries
All industries, total
Period
Structures and
equipment
Structures
Equipment
Structures and
equipment
Structures
Equipment
Trans- Original- Trans- Original- Trans- Original- Trans- Original- Trans- Original- Trans- Originalactioncost
actioncost
actioncost
cost
actionactioncost
actioncost
price method price method price method price method price method price method
method
method
method
method
method
method
1925-40-.
1940-451945-50..
1950-55..
1955-60..
1960-68..
5.6
-2.9
23.4
20.2
17.7
37.7
6.2
-3.0
27.5
19.2
16.4
35.5
8.4
-6.1
7.0
11.5
16.3
32.0
8.6
-6.0
9.4
11.5
15.8
30.8
0.5
3.3
52.9
31.2
19.2
43.7
1.7
2.8
59.5
28.6
17.0
40.4
8.2
.1
33.4
24.2
17.1
31.0
8.0
.1
44.2
23.4
14.7
27.5
11.7
-5.7
14.6
8.7
11.1
21.7
11.2
-5.9
26.8
9.1
9.7
18.4
2.8
9.0
59.8
39.7
21.7
37.7
3.1
9.9
68.6
38.5
18.8
34.4
1925-68..
146.5
147.1
86.6
88.7
256.7
252.8
174.6
181.0
77.3
87.8
319.8
322.3
22
acquisition cost and trucks at one-third
of the original acquisition cost.
With the exception of a small amount
of aircraft, such exports were negligible
prior to 1946. For the period 1946-68,
private exports valued at original costs
amounted to about $5.1 billion ($7.3
billion in constant 1958 dollars).
Government -owned, privately operated (GOPO) assets
Investment in GOPO assets for the
period 1917-68 is estimated at $83
billion (in constant 1958 dollars), including $22 billion worth of structures
and $61 billion worth of equipment.
The gross stock of GOPO capital was
negligible until World War II; by 1945,
it amounted to about $55 billion—
mostly Defense Department assets.
This stock dropped to about $23 billion in the early 1950's and has been
relatively stable since. In 1968, the
stock of GOPO capital assets amounted
to about $22 billion (constant 1958
dollars), with the Atomic Energy Commission and Department of Defense
each accounting for about $8.75 billion;
Maritime Administration ships, $3.75
billion; and the National Aeronautics
and Space Administration, $0.75 billion.
The methodology for deriving the
basic GOPO investment data is discussed below for each of the four major
owning agencies: Department of Defense (DOD); Atomic Energy Commission (AEC); Maritime Administration (MA); National Aeronautics and
Space Administration (NASA). Price
indexes used for deflation were especially designed for each of the agencies
to represent the mix of structures and
equipment believed to be representative of the assets involved.
Department of Defense. The basic
data for these estimates, which represent an investment flow of about $38
billion (in constant 1958 dollars) for
the period 1940-68, were derived from
reports of the War Assets Administration (see especially the April 1948
report cited under World War II
Surplus) and the Civilian Production
Administration and, from 1954, the
annual DOD report, "Real and Personal Property of the Department of
SURVEY OF CURRENT BUSINESS
Defense." In the case of structures,
separate investment data were available for government-operated and contractor-operated (i.e., privately operated) facilities. However, the total
amount of DOD-owned equipment
operated by contractors was not separately available and was estimated
from unpublished DOD data. As in
the case of surplus assets sold to
business, the figures on the value of
DOD-owned structures were adjusted
downward (5.3 percent) to exclude the
value of the land. Average service lives
for DOD investment were assumed to
be 1& years for equipment and 32 years
for structures. The service lives assigned were based upon the customary
service lives allowed by IRS for the
types of structures and equipment
involved.
Included in the DOD estimates were
assets privately operated at some time
but idle in a subsequent period. In the
years 1954 through 1968, for which
information on this subject was available in DOD reports, it is estimated
that the total value of such idle or
standby facilities amounted to $3 bil
lion or less (in constant 1958 dollars).
Atomic Energy Commission. The basic
data for these estimates, which represent about $11.2 billion worth of investment (in constant 1958 dollars) for the
period 1943-68, were derived from
annual financial reports of the AEC,
supplemented by unpublished AEC
figures. For this portion of the GOPO
capital stock estimates, the data available were of relatively good quality.
Published reports provided identification of privately operated facilities since
1951, while unpublished data were used
to allocate total investment between
equipment (55 percent) and structures
(45 percent) and provided the required
aggregates prior to 1951. All AEC investment was given an average service
life of 25 years, the weighted average
of the service lives of the types of
structures and equipment involved.
National Aeronautics and Space Administration. The basic data for these
estimates, which represent about $700
million worth of investment (in constant 1958 dollars) for the period 196268, were derived from unpublished
NASA figures. Data were distinguished
April 1970
in NASA records as to "contractorheld" prior to 1965, and the classification of the contractor-held portion by
type (structures and equipment) was
imputed from total NASA assets in
1965. After 1965, the breakdown was
directly available. Service lives of 15
years for equipment, 32 years for manufacturing structures, and 37 years
for nonmanufacturing structures were
assumed.
Maritime Administration. The basic
data for these estimates of investment
in ships, representing about $33 billion
(in constant 1958 dollars) for the
period 1917-68, were taken from published and unpublished Maritime Administration data giving tonnages of
government-owned ships. Values were
derived from data on tonnages and
average costs per ton. These figures
were adjusted to exclude the value of
ships operated by the government.
Service lives of privately owned ships
were used.
Plans for the Future
The 1966 QBE capital stock study
presented calculations based on a large
number of alternative assumptions as
to economic service lives, retirement
patterns, and depreciation formulas.
Mainly as a consequence of the degree
of interest shown by users, some measures in that study have not been updated while other measures have been
added. Although the selection of measures in the 1970 study has been refined
somewhat from the 1966 study, more
research is needed to determine the
best assumptions for service lives, retirement patterns, and depreciation
formulas. Improvements which are
planned for the OBE capital stock
estimates in the near future include
better price deflators for structures 6
and new data on service lives,7 including
the use of changing service lives.
6. For discussions of deficiencies in the present deflators
for structures, see George Jaszi, Robert C. Wasson, and
Lawrence Grose, "Expansion of Fixed Business Capital in
thB United States," SURVEY OF CURRENT BUSINESS, November 1962, p. 11; and John C. Musgrave, "New Measures
of Price Changes in Construction," Journal of the American
Statistical Association, September 1969, pp. 771-773.
7. For a report on recent research on service lives, see
Allan H. Young, "Alternative Measures of Corporate Depreciation and Profits," SURVEY OF CURRENT BUSINESS,
April and May 1968.
SURVEY OF CUEEENT BUSINESS
April 1970
23
Table 1.—Constant Dollar Gross and Net Stocks and Mean Age of Structures and Equipment, by Broad Industry Group, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Sales Prices
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Gross stocks
Constant cost 2
Constant cost 1
Year
All
industries
Manufacturing
Net stocks using straight line depreciation
Other
nonfarm
industries
All
industries
Manufacturing
Constant cost 1
Other
nonfarm
industries
All
industries
Manufacturing
Net stocks using double declining balance depreciation
Constant cost 2
Other
nonfarm
industries
All
industries
Manufacturing
Constant cost 2
Constant cost 1
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
Gross and net stocks (billions of 1958 dollars)
L925.
926
L927
928
929
930
931
932 .
933
934
392.8
404.6
414.9
424.6
436 2
442 5
441.0
433 1
424.5
417.7
88.2
90.8
93.1
95.8
99 4
100 5
99 5
96.8
95.0
93.3
273.3
282.0
289. 6
296.0
303 4
308 6
308 5
304 2
298.3
293.8
357.7
368.8
378.2
387.6
398 9
405 4
404 2
397 0
389 0
382 9
75.0
77.8
80.1
83.0
86 8
88 1
87 4
85 3
83 8
82 5
251.4
259 3
265. 9
271.8
278 9
283 9
283 8
279 6
274 1
269 8
210 7
217 8
223 2
228.5
235 8
238 0
232 7
222 3
211 9
203 8
46.9
48 6
49.8
51.6
54 2
54 3
52 4
49 2
46 9
44 9
147 7
152 9
156 8
160 1
164 5
166 7
164 0
157 8
150 7
145 1
192 0
198 7
203 6
208 8
216 2
218 7
214 0
204 3
194 8
187 3
40 8
42 6
43.9
45 8
48 6
48 9
47 2
44 4
42 3
40 6
135.1
139 7
143.2
146.2
150 6
152 9
150 5
144 7
13N 2
133 0
168 5
174 8
179 5
184 1
190 4
191 7
186 1
175 9
166 2
158 9
37.4
39.0
40.1
41.7
44 0
43 8
41 8
38 6
36 5
34 7
118.2
122.8
126.3
129.1
132 9
134 5
131 6
125 5
118 8
113 7
153.4
159.3
163.5
168.1
174 6
176 2
171 2
161 7
152.7
146.1
32.6
34.3
35.4
37.1
39 5
39 5
37 7
34.9
32. 9
31.4
107.
112.
115.
117.
121
123.
120.
115.
108.
104.
935
936..
937
938
939
940
941
942
943
944 .
413 0
412 2
414 2
410. 3
407.6
408 1
412 2
406 3
397 5
391 9
91 7
91.1
91.6
90.1
89.1
89 4
90 9
89 6
87 5
86 1
290 8
290 4
291.5
289 2
287.4
287 7
289 4
285 0
278 7
274 2
378 9
378 7
381 3
378 4
376 4
377 8
382 6
377 5
369 6
364 8
81 3
81 2
82 0
81 1
80 5
81 2
83 1
82 2
80 6
79 6
267 1
266 8
268 2
266 3
264 9
265 5
267 6
263 6
257 8
253 7
198 1
196 6
197 7
193 5
191 0
192 0
195 9
190 1
182 4
178 9
43 2
42 7
43 2
41 9
41 2
41 7
43 5
42 5
40 8
39 9
141 3
139 9
140 1
137 3
135 5
135 8
137 3
132 6
127 1
124 1
182 4
181 3
183 0
179 5
177 6
179 3
183 6
178 2
171 2
168 1
129 6
128 5
129 1
126 7
125 3
196 0
197 8
123 4
118 2
115 5
154 1
153 1
154 6
150 9
149 1
150 5
154 4
148 8
142 1
139 5
33 3
33 1
33 7
32 6
32 1
32 8
34 6
33 6
32 1
31 3
110 3
109 2
109 6
107 1
105 8
106 3
107 8
103 4
98 7
96 5
141 9
141 3
143 3
140 2
138 9
140 7
144 9
139 7
133 6
131 2
30 2
30 1
30 9
30 0
29 7
30 5
32 5
31 6
30 3
29 6
101
100
101.
98
97.
98
100
96
91
89
945
946
947
948
949
950
951
952
953
954
393 2
405 5
423 6
443 4
459 0
476 8
495.6
512.0
529.7
546.0
87 3
93 8
100 5
106 2
109 6
112 8
118 1
123.1
128 0
133. 0
273 9
278 6
287 8
298 9
308 0
319 7
330 4
339 7
350 1
359 5
366 8
379 2
397 5
417 9
434 2
452 5
471 7
488 5
506 5
523 2
81 1
87 7
94 6
100 9
104 7
108 2
113 8
119 1
124 1
129 3
253 7
258 4
267 5
278 7
288 1
300 0
310 8
320 2
330 8
340 4
181 8
194 5
211 6
228 2
239 5
251 9
264 8
275 1
286 7
296 4
41 5
48 1
54 4
59 3
61 4
63 1
66 6
69 7
72 5
75 2
125 1
130 1
138 6
147 8
154 3
162 8
170 3
176 4
184 0
190 3
171 4
183 8
200 6
217 5
229 0
241 6
254 5
264 8
276 4
286 1
39 2
38 8
39 5
38 5
38 0
38 8
40 7
39 9
38 4
37 7
39 4
45 9
52 2
57 4
59 8
61 5
65 2
68 4
71 2
73 9
116 7
191 6
129 9
139 0
145 5
154 1
161 4
167 4
174 9
181 3
143 0
155 1
170 5
184 7
193 4
203 3
213 7
221 9
231 6
239 1
33 0
39 3
45 0
49 0
50 3
51 1
54 0
56 4
58 6
60 7
97 9
102 7
110 3
118 2
123 4
130 6
136 8
141 9
148 4
153 6
134 8
146 7
161 8
176 2
185 1
195 1
205 5
213 7
223 2
230 9
31 3
37 5
43 2
47 5
49 0
50 0
53 0
55.4
57.6
59.6
91
96
103
111
116
123
129.
134.
141.
146.
L955.
956
957
958
959
960
961
962
963
964
566.2
588 6
609.9
624.2
639 8
657 6
673 8
692 8
712.9
737.8
137 9
144 5
151 1
154.6
156 6
159 6
162 4
165 2
168 4
172 9
373 2
387 8
401 6
411 2
423 9
438 6
451 8
467 8
484 0
503 7
544 0
566 9
588 9
604 1
620 9
640 2
658 1
678 6
700 4
727 1
134 3
141 2
147 9
151 6
154 0
157 2
160 3
163 3
166 7
171 5
354 5
369 4
383 7
394 0
407 7
423 6
438 2
455 5
473 1
494 4
309 1
323 7
337 0
343 7
352 2
362 7
370 6
381 5
393 3
409 4
77 6
81 8
85 8
86 6
86 4
87 2
87 5
88 2
89 4
92 0
200 2
210 6
220 0
225 5
234 1
244 1
251 7
261 9
271 9
284 9
299 1
313 9
327 6
334 9
344 4
356 0
365 2
377 4
390 5
408 0
76 3
80 5
84 6
85 5
85 5
86 4
86 9
87 6
89 0
91 7
191 5
202 0
211 7
217 8
297 1
238 1
247 0
258 3
269 4
283 7
249 6
261 8
272 8
277 4
9$3 9
299 3
298 1
307 0
316 5
329 9
62 5
66 0
69 2
69 5
68 8
69 2
69 2
69 7
70 7
73 0
162 0
170 8
178 6
182 7
189 8
198 0
203 9
212 3
220 2
230 9
241 6
254 0
265 3
270.5
277 9
287 3
294 3
304 4
315 1
329 7
61 4
65 0
68 3
68.6
68 1
68 7
68 8
69 4
70 5
72 9
155
164.
172.
176.
184
193
200.
210.
219.
230.
965
966
967
968
770 5
809 2
846.3
883.8
180 2
189 9
198.7
206.5
528 0
555 4
582 1
610 3
761 9
802 9
842 2
881 9
179 0
189 0
198 1
206 1
520 6
550 0
578 6
608 8
431 8
459 1
483 2
506 4
96 9
104 1
109 9
114 7
301 3
320 3
337 3
355 0
432 0
461 2
486 8
511 8
96 9
104 2
119 2
115 1
301 7
322 3
340 8
360 0
349 0
372 3
391 7
410 0
77 5
83 8
88 7
92 3
244 7
260 6
274 3
288 3
350 2
375 1
395.8
415.5
77 5
84 0
89.0
92.7
246
263
278.
293.
Mean age of gross and net stocks (years)
14.7
14. 7
14.6
14 6
14.5
14 6
14.9
15.5
16.0
16.4
11.5
11 4
11 4
11 3
11 1
11 2
11 6
12.1
12 4
12.8
15 7
15 6
15 0
15 6
15 6
15 6
16 0
16 5
17 0
17 5
14 7
14 6
14 6
14 5
14 4
14 5
14 8
15 3
15 9
16 3
10 8
10 7
10 7
10 6
10 4
10 6
10 9
11 4
11 8
12 2
15 8
15 7
15 7
15 7
15 6
15 6
15 9
16 5
17 0
17 5
10 4
10 2
10 1
10 0
99
99
10 3
10 8
11 4
11 8
79
78
77
76
73
75
79
85
89
92
11 2
11 0
10 9
10 8
10 7
10 7
11 0
11 5
12 1
12 6
10 4
10 2
10 1
10 0
98
98
10 2
10 7
11 3
11 7
74
73
72
71
69
71
75
81
8 5
89
11 3
11 1
10 9
10 9
10 7
10 7
11 0
11 5
12 1
12 6
98
95
94
93
91
92
96
10 2
10 8
11 3
74
72
71
70
67
69
74
8.0
85
88
10 5
10 2
10 1
10 0
99
99
10 3
10.9
11 5
12 0
97
95
9.4
93
9.1
91
95
10.1
10 8
11.2
6.9
67
6.7
65
6.3
65
7.0
7.7
81
8.5
10.6
10. 3
10.2
10.1
9.9
9.9
10.2
10.8
11.5
12.0
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
16.7
16 8
16.8
17 1
17 2
17 2
17 o
17 2
17 5
17 7
13 1
13 2
13 1
13 3
13 4
13 3
13 1
13 2
13 4
13 5
17 9
18 0
18 1
18 3
18 5
18 5
18 4
18 6
19 0
19 3
16 6
16 7
16 7
16 9
17 0
16 9
16 7
17 0
17 3
17 4
12 5
12 6
12 5
12 7
12 9
12 8
17 8
18 0
18 0
18 2
18 3
18 3
12 i
12 1
11 9
95
95
93
94
94
91
8 7
88
9* 0
90
12 9
12 9
12 8
13 0
13* 1
12 9
12 0
12 0
11 8
11 9
11 Q
11 7
12 8
12 9
12 7
12 9
12 9
12 7
11 5
11 r>
11 3
13 0
13' 4
13 5
n
92
92
89
91
91
88
8q
84
8* 7
87
11 5
11 2
10 8
11 1
11 5
11 5
91
90
87
89
88
85
80
81
84
84
12 3
12 3
12 2
12 4
12 4
12 2
11 9
12 3
12 7
12 8
11.4
11 4
11 1
11 3
11 3
11 0
10 6
10 9
11 3
11 3
8.7
87
83
85
85
82
76
78
81
81
12. 2
12.3
12.1
12 2
12.3
12.0
11 7
12 1
12 5
12.6
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
17.5
16 9
16 1
15 4
14 8
14 3
13 9
13.5
13 2
12 9
13.2
12 2
11 3
10 8
10 6
10 4
10 1
98
97
96
19.2
18 8
18 1
17 3
16 8
16 2
15 7
15 3
14 9
14 6
17.2
16 6
15 g
19.0
18 5
17 8
8.6
74
66
13.2
12 5
11 6
in Q
10 4
99
95
92
11.6
10 7
98
9 1
87
84
81
79
77
8.3
71
64
6n
60
61
60
60
60
60
13.0
14 5
14 0
13 5
13 2
12 8
12 Q
12.6
11 7
10 9
10 3
10* 1
10 0
97
95
93
93
10 2
97
93
90
88
86
11.1
10 1
92
85
82
79
76
75
73
72
7.9
67
59
57
57
58
57
57
57
57
12.4
11 7
10 8
10 1
96
9i
88
85
83
81
10.8
99
90
83
80
77
74
73
71
71
7.6
64
57
f) 4
55
56
55
55
55
56
12.2
11 5
10.6
99
94
8.9
86
8.3
81
7.9
12.6
95
12.3
93
.
12.0
92
11.9
9.2
11.8
9.4
SeeFRASER
footnote at end of table.
Digitized for
14 1
13 7
13 3
13 2
12.9
12 3
12 0
11 7
11 6
ll.fi
92
91
90
9o
Q2
13 8
13 4
13 0
12 8
12.5
82
80
78
78
7.6
71
69
68
69
6.9
57
56
56
58
6.0
78
75
74
7.4
7.3
69
68
6.7
6.7
6.7
5.6
5.5
5.5
5.7
5.9
7.6
7.3
7.2
7.2
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
.
1955
1956
1957
1958
1959
1 K f|
19 ^
19 fi
12 8
12 9
18 9
18 5
18 8
19 1
17 1
16 5
15 9
15 4
15 0
14 6
14 2
19 i
12 1
11 9
n
n
o
o
12 1
12 2
11.8
10 9
10 0
9* q
8Q
86
83
81
79
78
77
75
74
74
7.4
&' q
fi 9
63
62
61
6 1
61
62
61
60
62
fi. 4
19 7
O Q
8
Q
84
82
80
80
7.9
U' q
a
11 9
12 0
77
75
73
72
73
7.2
61
60
59
61
fi.3
19 c
12 8
13 2
13 3
19 3
11 4
10 7
n5
7.1
SUKVEY OF CUERENT BUSINESS
24
April 1970
Table 1.—Constant Dollar Gross and Net Stocks and Mean Age of Structures and Equipment, by Broad Industry Group, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Sales Prices—Continued
Net stocks using straight line depreciation
Gross stocks
Constant cost 1
Year
All
industries
Manufacturing
Constant cost 2
Other
nonfarm
industries
All
industries
Constant cost 1
Other
nonfarm
industries
Manufacturing
All
industries
Manufacturing
Net stocks using double declining balance depreciation
Constant cost 2
Other
nonfarm
industries
All
industries
Manufacturing
Constant cost 1
Constant cost 2
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
Mean age of gross and net stocks (years)—Continued
1960
1961. .
1962
1963
1964
11.7
11.6
11.5
11.3
11.2
9.4
9.5
9.6
9.7
9.6
12 6
12.4
12.2
12.0
11.7
11.4
11.3
11.1
11.0
10.8
93
9.4
9.5
9.5
9.5
12 3
12.1
11.8
11.6
11.3
74
7.4
7.4
7.4
7.3
65
6.7
6.8
6.8
67
7.7
7.7
7.6
7.5
7.4
72
7.2
7.2
7.2
7.1
6.5
6.6
6.7
6.7
6.6
7.5
7.4
7.3
7.3
7.2
69
6.9
6.9
6.8
6.7
6.1
6.2
6.3
6.3
6.2
7.2
7.1
7.1
7.0
69
6.7
6.7
6.7
6.7
6.6
6.0
6.2
6.2
6.2
6.2
6.9
6.9
6.8
6.8
6.6
1965..
1966
1967
1968. .
10.9
10.6
10.4
10.2
9.5
9.3
9.1
9.0
11.4
11.1
10.9
10.7
10.6
10.3
10.1
9.9
9.4
9.1
90
8.9
11.0
10.7
10.5
10.3
7.1
6.9
68
6.7
6.5
6.2
61
6.0
7.2
7.1
7.0
6.9
6.9
6.7
66
6.5
6.4
6.1
6.0
5.9
7.0
6.8
6.7
6.7
6.6
6.4
6.3
6.2
6.0
5.7
5.6
5.5
6.7
6.6
6.5
6.4
6.4
6.2
6.1
6.1
5.9
5.6
5.5
5.5
6.5
6.3
6.3
6.2
NOTE.—Capital stock estimates for "Farm" may be obtained by subtracting the sum of the "Manufacturing" and "Other nonfarm industries" columns from the "All industries" column.
Source: U.S. Department of Commerce, Office of Business Economics.
Table 2.—Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925-68
Privately Owned, With Purchases of Used Assets at Sales Prices
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Constant cost 2
Constant cost 1
Industry
Year
All
industries *
Selected types of structures
Industry
Selected types of structures
All
RailRailCom- InstituCom- InstituindusOther
tional Social road,
tional Social road,
Tele- Other
merManu- Other
ManumerOther
tries
i
Telenonlocal phone
nonexcl.
excl.
local phone public
public
Farm facand transit,
faccial
cial
and transit,
farm Indussocial recreafarm Indussocial recreaand utilities
turing indusand
trial
utilities
turing
and
trial
and
and
indusand
and
and
teletional
misceltional
misceltelepipe- graph
tries
tries
pipe- graph
laneous recrealaneous recrealine
tional
tional
line
Gross stocks (billions of 1958 dollars)
1925
1926
1927
1928
1929
1930
1931...
1932
1933...
1934
266.8
274.3
282.0
289.2
297.0
302.5
303.6
301.2
297.5
294.1
19.8
19.6
19.6
19.5
19.4
19. 1
18.7
18.2
17.8
17.4
58.1
59.7
61 2
63.2
65.8
66.6
65.9
64.4
63.5
62.6
188 9
194.9
201 2
206 5
211.9
216 9
219.0
218.6
216.3
214 1
37.3
38.4
39 5
40.8
42.7
43 4
43.1
42.2
41. 7
41 1
51 9
54.5
57 1
59 6
62. 1
63 8
64 4
64. 1
63 6
63 1
11 5
12.6
13 8
14 9
15.9
17 1
18 0
18.5
18 5
18 6
79
8.6
92
97
10. 1
10 4
10 7
10 7
10 7
10 6
87 7
87 7
87 8
87 7
87 9
87 9
87 4
86 4
84 9
83 6
39
42
44
47
52
58
60
61
60
59
23 3
24 9
26 6
28 0
29 3
30 7
31 4
31 5
31 3
31 2
231 7
238 5
245 4
252 1
259 8
265 4
266 8
265 1
262 1
259 3
45.0
46.6
48 2
50.3
53. 1
54 2
53 9
52.8
52 3
51 8
166.9
172.2
177 5
182 3
187.3
192 1
194.2
194. 1
192.0
190 2
32.0
33.1
34 1
35 5
37.3
37 9
37 7
37.0
36 6
36 2
41.5
44.0
46 5
49.0
51.7
53 8
54.6
54.7
54.3
54 0
9.3
10.3
11 3
12.2
13.2
14 3
15.1
15.5
15.6
15.6
6.4
6.9
7.5
8.0
8.3
8.6
8.9
9.0
8.9
8.9
87.0
87.0
87.1
87.0
87.1
87.1
86.6
85.6
84.1
82.8
3.9
4.2
4.4
4.7
5.2
5.8
6.0
6.1
6.0
5.9
15.0
16.1
17.2
18.1
19.0
20.1
20.6
20.8
20.7
20.7
1935
1936
1937
1938
1939..
1940
1941
1942
1943
1944
290.6
288.3
287.7
285.3
283.0
281.5
281.0
276.8
270.9
265.7
17.0
16.8
16.5
16 3
16.0
15.7
15.5
15.2
15.0
14.8
61.4
60.6
60.6
59 6
58.7
58 4
59.1
57 8
55.8
54 0
212.2
211.0
210 5
209 4
208 3
207 3
206 4
203 8
200 0
196 9
40.4
39.9
40 1
39 5
38 8
38 7
39 4
38 7
37 4
36 3
62 7
62.5
62 5
62 1
61 7
61 4
61 2
60 1
58 6
57 1
18 7
19 0
19 2
19 5
19 8
20 1
20 5
20 5
20 4
20 3
10 6
10 6
10 6
10 7
10 8
10 8
10 8
10 6
10 4
10 1
82 1
80 8
79 7
78 1
76 7
75 3
73 9
72 3
70 8
69 4
59
59
59
59
59
60
61
61
59
58
31 0
31 0
31 2
31 5
31 8
32 2
32 5
32 5
32 1
31 9
256 6
254 8
254 9
253 3
251 9
251 2
251 4
248 0
243 0
238 6
51 0
50.7
51 1
50 5
50 1
50 2
51 3
50 4
48 9
47 5
188 5
187.4
187 3
186 5
185 8
185 2
184 6
182 4
179 1
176 3
35 6
35 3
35 6
35 2
34 7
34 7
35 6
35 0
34 o
33 1
53 8
53.7
53 8
53 7
53 5
53 4
53 4
52 5
51 4
50 2
15.7
15.9
16 1
16 4
16 6
16 9
17 2
17 3
17 2
17 1
8.8
8.8
89
90
91
91
91
90
87
86
81.4
80.1
78.9
77 4
76.0
74 6
73.1
71 6
70.0
68 5
5.9
5.9
5.9
5.9
5.9
6.0
6. 1
6.1
5.9
5.8
20.6
20.8
21.1
21.5
22.0
22.6
23.0
23.2
23.0
22.9
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
262.4
265.7
268.0
271.0
273.5
276.8
281.4
285.5
290.9
296.8
14.5
15.1
15.6
16.1
16.5
16.9
17.2
17.6
17.9
18.3
53.6
56.7
58.2
59.1
59.1
58.9
59.6
60.2
60.8
61.6
194.3
193.9
194.2
195.8
197.9
201.1
204.5
207.7
212.1
217.0
36.3
38.8
40.2
40.7
40.5
40.4
41.3
42.4
43.4
44.3
56.0
56.9
56.7
57.0
56.9
57.1
57.5
57.2
57.7
58.8
20.4
20.8
21.2
21.9
22.8
24.0
25.2
26.3
27.5
28.9
9.9
9.8
9.7
9.7
9.7
9.7
9.5
9.3
9.1
9.0
67.9
66.2
65.0
63.5
62.1
60.7
59.2
58.0
56.8
55.4
5.6
5.8
6.1
6.6
7.0
7.2
7.4
7.7
8.1
8.5
31.8
32.2
33.3
34.7
36.7
38.7
40.7
42.5
44.7
46.5
236.0
239.4
241.9
245.4
248.6
252.5
257.5
261.9
267.7
274.0
47.4
50.6
52.3
53.7
54.2
54.3
55.3
56.2
57.0
57.9
174.1
173.7
173.9
175.6
177.9
181.4
184.9
188.2
192.7
197.8
33.2
35.8
37.2
38.0
38.1
38.1
39.2
40.4
41.5
42.5
49.3
50.1
50.1
50.8
51.1
51.6
52.1
52.0
52.6
53.8
17.2
17.5
18.0
18.7
19.7
20.9
22.1
23.2
24.3
25.7
8.4
8.3
8.2
8.2
8.3
8.4
8.3
8.1
8.0
7.8
67.0
65.4
64.0
62.6
61.1
59.7
58.3
57.0
55.8
54.4
5.6
5.8
6.1
6.6
7.0
7.2
7.4
7.7
8.1
8.5
22.9
23.3
24.1
25.2
26.9
28.9
31.0
32.7
34.9
36.8
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
303.8
313.0
322.1
329.6
336.6
344.9
353.2
362.3
371.0
380.7
18.5
18.9
19.2
19.5
19.7
20.0
20.2
20.5
20.7
21.0
62.5
64.0
65.7
67.0
67.3
67.9
68.6
69.4
70.3
71.3
222.8
230.2
237.2
243.1
249.6
257.0
264.4
272.4
280.0
288.5
45.8
47.7
49.9
50.9
51.5
52.9
54.3
55.9
57.4
59.3
60.4
62.8
64.7
66.6
68.6
70.9
73.6
76.4
79.2
82.2
30.2
31.7
33.4
35.1
36.6
38.3
40.1
42.0
43.9
46.0
8.9
8.9
8.9
8.9
9.1
9.5
9.7
10.1
10.4
10.7
54.0
52.6
51.3
49.8
48.2
46.8
45.3
44.0
42.8
41.5
9.1
9.9
10.7
11.4
12.0
12.8
13.4
14.0
14.7
15.6
48.1
50.1
52.2
54.4
56.3
58.2
60.0
61.7
63.3
65.2
281.6
291.3
301.1
309.5
317.7
327.5
337.5
348.1
358.5
370.1
59.0
60.6
62.6
64.0
64.6
65.5
66.5
67.5
68.6
69.8
204.1
211.8
219.3
226.0
233.4
242.0
250.7
260.1
269.2
279.2
44.0
46.0
48.2
49.4
50.2
51.7
53.3
55.0
56.7
58.7
55.7
58.1
60.1
62.2
64.6
67.3
70.6
74.1.
77.5
81.3
27.2
28.7
30.3
32.0
33.7
35.6
37.7
39.8
42.0
44.5
7.7
7.7
7.7
7.9
8.1
8.5
8.9
9.4
9.8
10.1
53.0
51.7
50.3
48.8
47.4
46.0
44.5
43.3
42.1
40.8
9.1
9.9
10.7
11.4
12.0
12.8
13.4
14.0
14.7
15.6
38.6
40.9
43.3
45.9
48.2
50.5
52.7
54.7
56.7
58.9
299.4
311.1
321.4
332.0
62.5
66.9
70.5
73.5
86.4
90.5
94.5
99.1
48.3
50.6
52.7
54.8
11.1
11.5
11.9
12.2
40.2
39.1
38.0
37.0
16.5
17.4
18.2
19.0
67.6
70.5
73.3
76.3
385.2
402.0
417.2
432.3
71.9
74.8
77.4
79.7
292.0
305.7
317.9
330.5
62.2
66.8
70.7
73. 8
86.4
91.4
96.3
101.8
47.1
49.9
52.4
54.9
10.6
11.2
11.7
12.1
39.6
38.6
37.5
36.5
16.5
17.4
18.2
19.0
61.7
65.0
68.2
71.5
1965
1966
1967
1968
393.8 21.3 73.1
408.3 21.5 75.7
421.4 21.8
78.1
434.2 22.1 80.2
See footnote at end of table.
SURVEY OF CURRENT BUSINESS
April 1970
25
Table 2.—Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925-68
Privately Owned, With Purchases of Used Assets at Sales Prices—Continued
Constant cost 1
Selected types of structures
Industry
Year
All
industries i
ManuFarm facturing
Constant cost 2
Industry
Selected types of structures
All
RailRailCom- InstituCom- InstituOther
tional Social road, Tele- Other indusTele- Other
tries i Manu- Other
mer- tional
Social road,
non- Indus- merexcl.
local
local
nonexcl.
cial
and transit, phone public
Indus- cial
and transit, phone public
facfarm
social
farm
social
and
and utilities
and utilities
turing indus- trial
and
indus- trial misceland recreaand
and recreaand
tional pipetional pipeteletelemiscel- recrearecreatries
tries
laneous tional
graph
graph
laneous tional
line
line
Net stocks using straight line depreciation (billions of 1958 dollars)
144.0
148.7
153.6
157.9
162.9
1930..
165.6
1931. . .. 163.8
1932
159.1
1933
153.3
1934
148.0
9.8
9.6
9.6
9.5
9.3
9.0
8.7
8.3
7.9
7.5
30.8
31.9
32.9
34.3
36.3
36.5
35.3
33.4
32.1
30.9
103.3
107.2
111.1
114.2
117.3
120.0
119.8
117.4
113 3
109.5
20.4
21.1
21.7
22.6
24.0
24.3
23.5
22 2
21 4
20 5
29.7
31.5
33.4
35 2
36.8
37.7
37.5
36 5
35 3
34.1
79
8.8
9.7
10 6
11 4
12.2
12.8
13 0
12 8
12 6
47
5.2
5.7
61
63
65
6.6
65
63
61
43.1
42.6
42.2
41 7
41 6
41.3
40.6
39 3
37 8
36 5
22
2.4
2.6
29
33
37
38
37
35
33
14 6
15.7
16.8
17 6
18 3
19.1
19.2
18 8
18 0
17 3
125 2
129.6
134.0
138 2
143 3
146 3
145 1
141 1
136 1
131 5
24 7
25.9
27.0
28 5
30 6
31 0
30 1
28 5
27 5
26 5
90 7
94.0
97.4
100 3
103 3
106 2
106 3
104 4
100 7
97 5
17.8
18.5
19.1
20 0
21 3
21.6
20.9
19 7
19 0
18 3
24 3
26.1
28.0
29 9
31 8
33 1
33.2
32 5
31 4
30 4
6.5
7.2
8.0
88
96
10.4
10.9
11 1
10 9
10 7
3.8
4.3
4.7
51
53
5.5
5.6
56
54
52
42.8
42.2
41.8
41 3
41.1
40.8
40.1
38 9
37 4
36 1
2.2
2.4
2.6
2.9
3.3
3.7
3.8
37
3.5
3.3
9.
10.
10.
11.
11.
12.
12.
12.
12.
11.
1935
1936
1937
1938 .
143.1
139.8
138.2
135.1
1939.. .. 132.4
1940
130.6
1941
130.2
1942
126.3
1943
120.8
1944. . ..
116.5
7.3
7.1
7.0
6.8
6.7
6.5
6.4
6.3
6.2
6.1
29 5
28 7
28.6
27.5
26.7
26.6
27.3
26 3
24 6
23 2
106 4
104 0
102 7
100 8
99.0
97.6
96.4
93 7
90 0
87 1
19 6
19 0
19 0
18 3
17.7
17.5
18.3
17 7
16 6
15 8
33 2
32 4
31 9
31 1
30 3
29.7
29.2
27 9
26 3
24 8
12 4
12 4
12 4
12 4
12 3
12 3
12 4
12 2
11 8
11 5
59
58
57
57
57
56
55
52
49
46
35 2
34 2
33 3
32 1
31 0
30 1
29 2
28 3
27 4
26 7
31
30
29
28
28
28
28
29
27
25
16 7
16 4
16 2
16 1
16 1
16 2
16 3
16 0
15 5
15 1
127 4
124 6
123 5
121 1
119 1
117 9
117 8
114 4
109 6
105 7
25 4
24 8
24 9
24 1
23 5
23 6
24 5
23 7
22 3
21 0
94 7
92 7
91 6
90 2
88 9
87 8
86 9
84 5
81 2
78 6
17 5
17 0
17 1
16 5
16 0
16 0
16 9
16 3
15 4
14 6
29 5
28 9
28 5
27 8
27 2
26 6
26 2
25 1
23 g
22 3
10 6
10 5
10 5
10 5
10 5
10 5
10 6
10 4
10 1
98
50
49
49
49
49
48
47
45
42
40
34 8
33 8
32 9
31 7
30 7
29.7
28.9
27 9
27 0
26 2
31
30
29
2.8
2.8
2.8
2.8
29
27
2.5
11.
11.
11.
11.
11.
12.
12.
12.
11.
11.
1945
114.2
1946
118.7
1947. . -.
122.2
1948
126.2
1949
129.7
1950
133 9
1951 . -.139.2
1952
144.0
1953
149 7
1954
155 5
6.0
6.7
7.4
8.0
8.5
90
9.4
9.8
10 2
10 5
23 2
26 7
28 6
29 8
30 1
30 1
31 1
31 9
32 7
33 4
85 0
85 2
86 2
88 5
91 2
94 8
98 7
102 2
106 8
111 6
16 0
18 8
20 3
20 9
20 9
20 9
22 0
23 2
24 1
24 9
23 8
24 8
24 7
25 2
25 3
25 7
26 3
26 4
27 3
28 5
11 3
11 5
11 7
12 1
12 7
13 6
14 7
15 5
16 3
17 4
44
44
42
42
43
43
43
41
40
40
25 9
25 1
24 7
24 1
23 5
22 9
22 4
22 0
21 7
21 2
25
27
31
37
40
42
44
47
49
52
15 0
15 3
16 3
17 7
19 5
21 4
23 3
24 8
26 7
28 1
103 7
108 0
111 2
115 5
119 3
123 6
128 9
133 6
21 1
24 5
26 4
27 8
28 5
28 6
29 7
30 6
76 6
76 7
77 4
79 7
82 3
86 1
89 9
93 3
97 8
102 6
14 9
17 7
19 2
20 0
20 2
20 3
21 4
22 6
23 6
24 3
21 4
22 1
22 2
22 9
23 3
23 8
24 4
24 5
25 3
26 7
9 (j
97
10 0
10 5
11 3
12 2
13 2
14 0
14 8
16 0
37
37
36
37
38
38
38
37
36
35
25 4
24 6
24 2
23 6
23 0
22 4
21 8
21 4
21 1
20 6
25
27
31
37
4.0
42
44
47
49
52
11.
11.
12.
13.
14.
16
18.
19.
21
23
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
162 0
170 4
178.2
184.0
189 1
195 2
10 8
11.1
11.3
11.6
11 7
11 9
12 0
12.1
12 2
12 4
34 2
35 6
37 1
37 9
37 8
38 1
38 2
38.2
38 5
38 8
117 0
123 7
129 8
134 6
139 6
145 2
150 7
156 4
161 5
167 4
26 2
27 9
29 7
30 2
30 3
31 2
31 9
32 6
33 3
34 4
30 4
33 0
35 0
37 o
39 0
41 2
43 6
46 1
48 5
51 0
18 4
19 6
20 8
22 1
23 3
24 6
25 9
27 3
28 8
30 3
40
41
41
43
46
49
52
56
59
61
20 5
20 0
19 4
18 8
18 0
17 4
16 7
16 1
15 7
15 2
56
62
67
71
on 4.
108 3
115 2
121 6
126 8
132 6
139 3
145 9
152 8
159 1
166 3
25 6
27 2
29 0
29 6
29 8
30 8
31 6
32 4
33 2
34 4
28 6
31 1
33 2
35 2
37 5
40 0
43 0
46 0
48 9
52 0
17 0
18 2
19 5
20 8
22 1
23 6
25 2
26 8
28 5
30 3
35
36
37
39
42
46
50
54
58
61
20 0
19 5
19 0
18 3
17 7
17 1
16 4
15 9
15 5
15 0
56
62
67
71
74
78
80
83
86
90
24
26
28.
29.
31
32
34
35.
36
37
1965
1966
1967
1968
227.8
12.4
12.5
12.5
12.6
39.8
41.5
43.0
44.2
175.6
184.2
191.1
198.2
36.6
39.9
42.4
44.1
54.5
57.8
60.8
64.3
32.0
33.7
35.2
36.6
6.5
6.8
7.1
7.3
14.7
14.3
14.0
13.7
175.9
186.2
194.6
203.1
36.8
40.3
42.9
44.7
56.3
60.2
63.9
68.1
32.4
34.5
36.3
38.0
6.5
6.9
7.3
7.6
14.5
14.2
13.9
13.6
9.6
10.1
10.5
10.9
38.
40.
42.
44.
9ft u
ft
Zi\j.
21 7
56
6*3
25 4
94'
°.
44. O
7. 7
8*. 4
9* 1
9. 5
9 6
9! 3
9 0
3. 2
3! 6
4 0
4. 3
4. 5
46
4. 7
4. 6
4.4
4*2
33.4
33.0
32. 7
32. 4
32. 3
32. 2
31.6
30. 5
29' 2
28. 1
1.8
2.0
2.2
2*4
2. 8
3! 1
3. 1
3.0
2.8
2! 6
7.8
8.5
9.1
9.6
10.0
10.5
10.6
10.3
9.7
9.3
1925
1926..
1927
1928
1929
200.9
206.7
212 3
218.6
238.1
246.7
254.9
74
78
80
83
30 8
32 4
34 0
35 2
36 2
37 2
37 9
iqq q
o-i A
145 2
32 i
152 0
160 0
168 8
175 2
m
o
32 9
34 3
35 9
36 8
10Q
K
37 3
37 6
37 7
Q fi
00 «
90
39 4
195 5
202 6
209 4
217 2
9.6
10.1
10.5
10.9
40.6
42.3
43.8
45.5
228.0
240.2
250.4
260.3
q« Q
qQ 1
qQ «
39.7
41.6
43.3
44.6
Net stocks using double declining balance depreciation (billions of 1958 dollars)
1925
1926
1927
1928
1929
1930
1931.
1932
1933
1934.
116.0
120.4
124.8
128.7
133.1
135. 1
132.8
127.7
121.9
116.7
7.8
7*7
7. 6
7.5
7.4
7. 1
6.8
6. 4
6.1
5.8
24.7
25.8
26.6
27. 9
29.8
29! 8
28.5
26. 4
25. 2
24. 1
83.5
87. 0
90 6
93. 2
95. 9
98 1
97. 6
94. 8
90. 5
86. 8
16 4
17. 1
17 6
18. 4
19. 7
19* 8
18. 9
17. 6
16. 8
16. 0
30 7
31* 3
30. 9
29' 7
28. 4
27* 2
11 1
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
112.2
109.3
108.2
105.6
103.5
102.2
102.2
98.8
94.0
90.4
5.6
5.5
5.4
5.3
5.2
5.1
5.0
4.9
4.9
4.8
22.8
22.2
22.2
21.3
20.7
20.7
21.7
20.7
19.2
18.0
83.8
81.7
80.6
79.0
77.6
76.4
75.6
73.2
69.9
67.5
15.1
14.7
14.8
14.2
13.7
13.7
14.5
14.0
13.0
12.3
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
88.8
93.8
97.5
101.7
105.0
108.9
113.8
118.0
123.1
128.0
4.8
5.5
6.1
6.7
7.2
7.6
8.0
8.3
8.6
8.9
18.1
21.7
23.6
24.6
24.8
24.7
25.5
26.2
26.8
27.2
65.8
66.5
67.8
70.4
73.1
76.7
80.4
83.5
87.7
91.9
12.6
15.4
16.8
17.4
17.2
17.2
18.1
19.1
19.9
20.5
See footnote at end of table.
24 3
26. 0
97'
£1. 7t
29 3
R 8
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9 9
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ou.
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29 5
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£o. 4
26.2
25.5
25.1
24.3
23.6
23.1
22.8
21.6
20.2
18.9
10.3
10.2
10.1
10.1
10.0
10.0
10.0
9.8
9.4
9.1
4.6
4.5
4.5
4.5
4.4
4.3
4.1
3.8
3.6
4.7
27.3
26.4
25.8
24.8
23.9
23.2
22.5
21.9
21.2
20.6
2.4
2.3
2.2
2.2
2.1
2.1
2.2
2.3
2.1
2.0
18.1
19.3
19.3
19.9
20.1
20.6
21.3
21.4
22.2
23.4
8.9
9.1
9.3
9.7
10.3
11.2
12.2
12.9
13.7
14.7
3.4
3.4
3.2
3.3
3.4
3.4
3.4
3.3
3.2
3.2
20.0
19.4
19.2
18.8
18.3
17.9
17.4
17.2
17.0
16.6
1.9
2.1
2.5
3.1
3.4
3.5
3.6
3.8
4.1
4.3
1ft 7/
1U.
n . o£
5 . A4
6 . KO
5 . A4
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84.
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77
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13.1
12.8
12.6
12.6
12.7
12.8
12.9
12.7
12.2
11.9
100.0
97.5
96.8
94.9
93.2
92.4
92.7
89.7
85.4
82.1
19.7
19.2
19.4
18.7
18.3
18.5
19.5
18.8
17.4
16.3
74.7
72.9
72.0
70.9
69.7
68.9
68.2
66.1
63.1
60.9
13.5
13.1
13.4
12.8
12.4
12.5
13.4
13.0
12.1
11.4
23.4
22.8
22.4
21.8
21.2
20.8
20.5
19.4
18.1
17.0
8.8
8.6
8.6
8.6
8.5
8.5
8.5
8.3
8.0
7.7
4.0
3.9
3.8
3.8
3.9
3.8
3.7
3.5
3.2
3.0
27.0
26.1
25.5
24.5
23.7
22.9
22.3
21.5
20.8
20.2
2.4
2.3
2.2
2.2
2.1
2.1
2.2
2.3
2.1
2.0
8.9
8.8
8.8
9.0
9.3
9.6
9.8
9.7
9.3
9.1
11.8
12.1
13.2
14.5
16.3
18.0
19.7
21.0
22.6
23.7
80.7
85.3
88.8
93.1
96.7
100.7
105.6
109.8
114.7
119.7
16.5
20.0
21.8
23.1
23.6
23.5
24.4
25.1
25.7
26.2
59.4
59.8
60.9
63.3
66.0
69.6
73.2
76.3
80.4
84.6
11.8
14.6
15.9
16.7
16.7
16.7
17.6
18.7
19.5
20.1
16.2
17.2
17.3
18.1
18.6
19.2
19.8
19.9
20.7
22.0
7.5
7.7
7.9
8.4
9.2
2.9
2.8
2.8
2.9
3.0
3.1
3.0
2.9
2.9
2.8
19.6
19.0
18.7
18.3
17.9
17.4
17.0
16.8
16.5
16.2
1.9
2.1
2.5
3.1
3.4
3.5
3.6
3.8
4.1
4.3
9.0
9.3
10.0
10.9
12.4
14.0
15.6
16.9
18.4
19.7
19&
9
LZ.
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14. 4
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21 7
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15 0
•j10.
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c
16 3
17 5
17 .RO
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16 8
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14* 3
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25 0
9fi
.60. 7<
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27 6
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10.1
11.0
11.8
12.5
13.6
SURVEY OF CUERENT BUSINESS
26
April 1970
Table 2.—Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925-68
Privately Owned, With Purchases of Used Assets at Sales Prices^Continued
Constant cost 1
Industry
Year
All
industries i
Constant cost 2
Selected types of structures
Industry
Selected types of structures
All
RailRailCom- InstituCom- Institutional Social road, Tele- Other indusmerManu- Other
mer- tional
Social road,
tries i Manu- Other
Tele- Other
nonlocal phone
excl.
local
nonexcl.
Farm faccial
and transit, phone public
and transit,
Indus- cial
public
facfarm Indussocial
farm
social
recreaturing indusand
trial
and utilities
turing indus- trial
and
and utilities
and
and
and recreaand
misceltional
teletional
telemisceltries
pipe- graph
pipe- graph
tries
laneous recrealaneous recrealine
tional
line
tional
Net stocks using double declining balance depreciation (billions of 1958 dollars)-Continued
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
133.6
140.9
147.5
152.1
156.0
160.8
165 3
170.0
174 3
179.5
9.1
9.3
95
9.6
9.7
98
99
9.9
10 0
10 0
27.9
29.1
30 4
30.9
30.7
30 7
30 7
30.7
30 8
31 1
96.6
102.6
107 7
111.6
115.6
120 3
124 7
129.4
133 6
138 4
21 6
23 1
24 6
24.9
24 8
25 4
25 9
26 5
27 0
27 9
25 2
27.7
29 5
31.2
32.9
34 8
36 9
39 0
40 9
43 0
15 6
16.7
17 8
18.9
19.9
21 0
22 2
23 4
24 6
25 9
32
3.3
33
3.5
38
41
44
47
49
51
16 1
15 6
15 2
14.6
14 0
13 5
13 0
12 5
12 2
11 8
46
51
56
5.8
60
63
65
67
69
73
24 6
25 8
27 1
28.3
29 2
29 9
30 5
31 0
31 4
32 0
125 6
133 1
140 1
145.2
150 0
155 9
161 6
167 4
172 9
179 3
26 9
28 1
29 4
30.1
29 9
30 2
30 3
30 3
30 6
30 9
89 7
95 8
101 2
105.6
110 3
115 9
121 4
127 2
132 4
138 3
21 l
22.5
24 1
24.4
24 4
25 1
25 7
26 4
27 0
28 0
23 9
26.2
28 0
29.8
31.8
34 0
36 6
39 2
41 6
44 2
14 6
15.6
16 7
17.9
19.0
20 3
21 7
23.1
24 5
26 1
2.8
2.9
30
3.2
3.4
39
42
4.6
49
51
15.6
15.2
14 8
14.3
13.8
13 3
12.8
12.3
12 0
11.7
4.6
5.1
56
5.8
6.0
63
6.5
6.7
69
7.3
20.
22.
23.
25.
26.
27.
28.
28.
29.
30.
1965
1966
1967
1968
187.5
196.5
203.6
10.0
10 1
10 1
10.1
32.0
33 5
34 9
35.9
145.4
152 9
158 6
164.3
29 9
32 9
35 1
36 4
46.1
48 8
51 3
54 2
27.4
28 8
30 0
31 1
5.4
57
59
60
11 4
11 1
10 9
10 7
77
82
85
88
33 0
34 5
35 8
37 1
188 7
199 3
207 8
215 9
32 0
33 7
35 2
36 3
146 7
155 5
162 5
169 5
30.2
33 3
35 6
37.0
47.9
51 2
54 2
57 8
27.9
29 7
31 2
32.6
5.5
59
62
6.4
11.3
11.1
10.8
10.6
7.7
8.2
8.5
8.8
31.
33.
34.
36.
210.4
Mean age of gross stocks (years)
17.5
17.4
17.4
17.3
17.2
17.2
17.5
17 9
18.4
18.9
20.3
20 5
20 6
20.7
20 9
21 2
21.6
22 1
22 6
23.0
13.2
13 1
13 1
12 9
12 7
12 8
13 2
13 7
14 0
14 4
18 6
18 4
18 3
18 3
18 2
18 2
18 5
18 9
19 4
19 9
12 7
12 7
12 6
12 5
12 3
12 4
12 8
13 4
13 7
14 1
15 5
15 2
15 0
14 9
14 8
14 9
15 2
15 7
16 2
16 7
14 8
14 3
13 9
13 6
13 4
13 3
13 4
13 9
14 5
15 3
13 8
13 2
12 8
12 6
12 6
12 8
12 9
13 3
13 8
14 4
24 4
24 7
25 0
25 3
25 5
25 8
26 1
26 6
27 2
27 7
9o
86
84
81
76
73
75
78
83
88
11 0
11 0
11 0
11 1
11 2
11 3
11 7
12 2
12 8
13 4
17 9
17 8
17 7
17 6
17 4
17 4
17 7
18 1
18 6
19 1
12 7
12 5
12 4
12 2
11 9
12 0
12 4
13 0
13 4
13 7
19 1
18 9
18 8
18 7
18 6
18 6
18 8
19 1
19 7
20 2
12 5
12 4
12 4
12 2
12 0
12 1
12 5
13 1
13 5
13 9
15 0
14 6
14 4
14 1
13 9
13 9
14 2
14 7
15 2
15 8
14.4
13 9
13 4
13.1
12 9
12.7
12.8
13 3
14 0
14.7
13.4
12 8
12 4
12.1
12 1
12 2
12.4
12 8
13 4
13.9
24.5
24 8
25.1
25.5
25.7
25.9
26.3
26.8
27.3
27.9
9.0
8.6
8.4
8.1
7.6
7.3
7.5
7.8
8.3
8.8
11.]
11.((
10.
11.
11.
11.
11.
11.
12.
13.
1935
19.3
1936
19.6
1937
19.8
1938
20.1
1939
20 A
1940
20.5
1941
20.6
1942
20.9
1943
21.3
1944 . . 21.7
23 2
23.4
23 6
23 8
23.9
24 1
24 2
24.3
24 3
24 3
14 8
15 0
15 1
15 4
15.6
15 7
15 5
15 7
16 1
16 5
20 3
20 7
20 9
21 2
21.4
21 6
21 8
22 1
22 5
22 9
14 6
14 9
14 9
15 3
15 6
15 6
15 4
15 6
16 1
16 4
17 2
17 6
17 9
18 2
18 6
18 9
19 1
19 6
20 2
20 8
15 9
16 4
16 9
17 4
17 8
18 2
18 6
19 2
19 9
20 6
14 9
15 3
15 7
15 9
16 2
16 6
16 9
17 5
18 2
18 9
28 2
28 6
29 0
29 4
29 8
30 2
30 5
30 g
31 1
31 4
93
98
10 1
10 4
10 7
10 9
10 9
11 0
11 4
11 7
13 9
14 3
14 7
14 9
15 1
15 2
15 3
15 6
16 0
16 3
19 5
19 8
20 0
20 2
20 5
20 6
20 6
20 9
21 4
21 7
14 2
14 4
14 5
14 8
15 1
15 1
14 9
15 2
15 6
16 0
20 6
20 9
21 1
21 4
21 6
21 8
22 0
22 3
22 7
23 0
14 3
14 6
14 7
15 0
15 3
15 4
15 1
15 3
15 7
16 1
16 3
16 7
17 0
17 4
17.8
18 1
18 4
18 9
19 5
20 2
15 4
16.0
16 5
16 9
17.4
17 8
18 2
18.8
19 6
20 3
14.5
15.0
15 3
15.6
15.8
16 2
16 6
17.2
17 9
18 6
28.3
28.8
29 1
29.6
30.0
30.4
30.7
31.0
31.3
31.6
9.3
9.8
10.1
10.4
10.7
10.9
10.9
11.0
11.4
11.7
13.
14.
14.
14.
14.
14.
14.
14.
15.
15.
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
21.8
21.4
21.1
20.7
20 4
20.1
19.6
19 2
18 8
18 3
24 3
23 0
21 9
21 0
20 2
19 6
19 0
18 4
18 0
17 6
16 5
15 4
14 9
14 5
14 4
14 3
14 0
13 8
13 6
13 4
23 1
23 1
22 9
22 6
22 2
21 8
21 3
20 8
20 3
19 8
16 3
15 1
14 5
14 2
14 2
14 1
13 7
13 3
13 0
12 7
21 2
20 9
20 9
20 8
20 7
20 5
20 3
20 2
19 9
19 4
21 2
21 3
21 4
21 3
21 0
20 6
20 1
19 8
19 5
19 1
19 5
19 8
20 2
20 3
20 2
20 2
20 5
20 8
21 0
21 0
31 7
31 9
32 0
32 1
32 2
32 4
32 5
32 5
32 4
32 5
11 9
11 4
10 6
95
9o
87
84
81
79
78
16 4
16 4
16 0
15 4
14 7
14 1
13 5
13 2
12 7
12 4
21 9
21 5
21 1
20 7
20 4
20 0
19 5
19 1
18 6
18 2
16 0
14 9
14 4
14 0
13 9
13 8
13 5
13 3
13 1
13 0
23 3
23 2
23 1
22 7
22 4
21 8
21 3
20 9
20 3
19 7
16 0
14 7
14 1
13 8
13 7
13 7
13 3
12 9
12 6
12 4
20 6
20 4
20 4
20 2
20 0
19 9
19 7
19 6
19 3
18 8
20 8
21.0
21 1
20 8
20 4
19 8
19 3
18 9
18 7
18 2
19 3
19.5
19 9
19 9
19 7
19 6
19.9
20 2
20 4
20 7
31.9
32.2
32.3
32.4
32 6
32.7
32.9
32.9
32.8
32.9
11.9
11.4
10.6
9.5
9.0
8.7
8.4
8.1
7.9
7.8
15.
15.
15.
14.
14.
13.
12.
12.
11.
11.
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
17.9
17 3
16.9
16.5
16.3
16.0
15 7
15.5
15 3
15.1
17 3
17 0
16 8
16 6
16.5
16 4
16 4
16 3
16 4
16 4
13 2
12 9
12 6
12 5
12 5
12 5
12 6
12 7
12 7
12 8
19 2
18 6
18 1
17 7
17 3
16 9
16 5
16 2
15 9
15 6
12 4
12 0
11 6
11 6
11*6
11 6
11 6
11 6
11 7
11 6
18 8
18 0
17 4
16 8
16 3
15 8
15 3
14 9
14 5
14 2
18 8
18 5
18 1
17 8
17 6
17 4
17 2
16 9
16 8
16 6
21 0
20 9
20 7
20 3
19 6
18 8
18 2
17 5
17 0
16 7
32 6
32 7
32 8
32 9
33 o
33 2
33 3
33 4
33 5
33 5
77
75
74
75
77
78
80
81
83
84
12 3
12 1
11 8
11 7
11 6
11 6
11 6
11 7
11 9
12 0
17 7
17 1
16 6
16 3
16 0
15 6
15 3
15 1
14 9
14 6
12 8
12 5
12 2
12 i
12 2
12 2
12 3
12 4
12 4
12 5
19 1
18 4
17 9
17 4
17 0
16 5
16 1
15 7
15 4
15 1
12 1
11 7
11 4
11 4
11 4
11 4
11 4
11 4
11 5
11 5
18 2
17 4
16 8
16 3
15 7
15 2
14 6
14 1
13 7
13 3
17 9
17 5
17 2
16 8
16 6
16 3
16 0
15 8
15 5
15 3
20.7
20 5
20.3
19 7
18.9
17 9
17 2
16 4
15 8
15 5
33.0
33.1
33.1
33.2
33.4
33.5
33.7
33.7
33.7
33.7
7.7
7.5
7.4
7.5
7.7
7.8
8.0
8.1
8.3
8.4
11.
11.
10.
10.
10.
10.
10.
10.
11.
11.
1965
1966
1967
1968
14.9
14.6
14.4
14.3
16.5
16.6
16.7
16.9
12.8
12.6
12.6
12.5
15.3
14.9
14.7
14.6
11.5
11.2
11.1
11.1
13.7
13.4
13.1
12.9
16.3
16.2
16.1
16.1
16.2
15.8
15.5
15.4
33.5
33.5
33.4
33.3
8.4
8.4
8.5
8.6
12.0
12.0
12.1
12.1
14.4
14.1
13.9
13.7
12.5
12.4
12.3
12.3
14.7
14.3
14.1
13.9
11.3
11.0
10.9
10.9
12.8
12.5
12.2
12.0
15.1
14.9
14.8
14.8
14.9
14.5
14.1
14.0
33.8
33.7
33.6
33.5
8.4
8.4
8.5
8.6
11.
11.
11.
11.
1925
1926
1927
1928
1929
1930
1931
1932
1933-.1934
1. The sum of the capital stock estimates for "Selected types of structures" plus "Farm" is less than the "All industries" total because, in addition to the detail shown, "Petroleum and
natural gas well drilling and exploration" and "All other private" are included in the "All industries" total. "Farm" is shown only once, as there is no constant cost 2 alternative.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
April 1970
27
Table 3.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Sales Prices
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Industry
Year
Types of equipment
AgriculturAll
Other Fur- Fab- Enal
riindus- Man- nonnigines
matries i ufac- farm ture cated and Trac- chinturinery
and metal turtors
ing
dusfix- prod- bines
(extries tures ucts
cept
tractors)
MinSpeCon- ing Metal- cial instruc- and work- dustry
oiltion
ing
ma- field ma- machin- ma- chin- chinery chin- ery
ery
ery
General
industrial
machinery
Office,
computing
and
accounting
machinery
Service
industry
machines
Elec- Trucks,
trical buses, Passenand
mager
chin- truck
ery
trail- cars
ers
Aircraft
MisRail- IncelShips road stru- laneand equip- ments ous
equipboats ment
ment
Gross stocks (billions of 1958 dollars)
1925
1926
1927
1928. .1929
1930
1931.
1932_
1933.
1934
126.0
130 3
132 9
135.5
139.2
140 0
137.4
131.9
127 0
123 6
30.1
31 1
31 9
32.7
33.7
33 9
33.5
32.5
31 5
30.7
84.5
87 1
88 4
89 5
91.6
91 7
89 6
85.5
82 1
79 6
48
51
55
59
63
66
68
68
67
67
42
43
44
45
47
47
g
7
g
g
36
36
35
34
33
32
31
30
28
26
18
2o
22
25
27
28
29
2*9
2g
27
63
65
67
69
72
75
74
72
70
67
16
17
18
19
2* 1
21
21
19
17
15
26
2g
29
30
3*2
32
31
29
27
26
50
52
54
58
61
62
61
60
58
57
16 3
16 6
16 8
17 0
17 2
17 1
16 8
16 2
15 7
15 2
10 3
10 7
11 1
11 5
12 0
12 3
12 3
12 0
11 7
11 4
1935
1936 -. .
1937
1938
1939 -. .
1940. _
1941
1942_ .
1943
1944
122 4
123.9
126 4
125 0
124 6
126.7
131 2
129 5
126.6
126 2
30 3
30 5
30 9
30 5
30.4
30.9
31 8
31 8
31.7
32 1
78 6
79 4
81 0
79 g
79 1
80 3
83 0
81 2
78 7
77 3
68
68
69
7o
70
71
73
72
71
7o
g
5
5
5
4
4
5
5
g
7
25
25
24
24
24
24
23
23
22
23
28
2*9
32
34
35
38
42
43
42
45
14
13
1 q
12
12
13
14
14
14
14
26
26
27
2g
26
27
30
31
32
30
57
58
60
60
62
67
76
84
92
97
14 8
14 6
14 5
14 1
13 7
13 5
13 2
12 8
12 2
12 0
11 4
11 6
1945
1946
1947
1948. _ -.
1949
1950
1951_ .
1952
1953
1954
130.8
139 8
155 6
172 5
185.5
200 0
214.2
79 6
84 7
93 6
103 1
110 2
118 6
125 9
132 0
138 0
142.6
71
75
80
85
8*9
93
10 0
10 5
11 0
11 7
49
53
59
64
67
71
77
26
26
27
30
33
37
39
43
47
53
48
49
53
60
66
73
80
86
9 0
g 3
38
40
42
32
41
45
46
46
51
4* 7
56
50
62
52
ft ft 5 4
67
54
10 4
249.2
33.7
37 1
42 2
47 2
50.5
53 9
58 5
62.9
67 1
71.4
66
66
67
67
6*6
66
67
68
67
69
73
76
83
93
10 2
11 2
12 1
13 0
13 8
14 5
12 2
12 8
14 1
15 3
16 2
17 3
18 5
19 5
20 5
21 4
1955
1956. .
1957
1958
1959
1960
1961
1962
1963
1964
262 4
275 6
287 9
294 6
303 2
312 8
320 6
330 5
341 8
357 0
75 4
80 6
85.4
87 6
89 4
91 7
93 8
95 8
98 1
101 6
150 4
157 6
164 4
168 1
174 3
181 6
187 5
195 4
204 0
215 2
12 4
13 3
14 0
14*6
15 4
16*2
17 0
17 8
18 8
19 9
10 5
11 2
12 0
12 7
13 3
13 9
14 4
14 8
15 3
15 9
58
62
68
73
77
82
86
•IK I
fi Q
15 6
16 0
71
72
71
93
97
97
10 1
10 2
10 4
10 5
10 3
10 0
90
97
98
1965
1966
1967
1968
376 7
107 1
114 3
120 6
126 3
228 6
244 3
260 7
278 4
21 1
22 4
23 7
24 7
16 6
17 4
18 3
19 0
10 0
10 4
11 0
11 7
10 0
10 5
10 9
11 3
226.5
238 8
400.9
425 0
449 6
0 O
90
98
Q Q
Ifi 7
17 3
17 7
17 9
18 1
18 5
18 8
1Q 9
19 7
on o
20 7
18
0
K
7 ?.
73
73
7
4
K ft
57
58
57
56
55
54
69
n*4
12 6
13 6
14 0
14 8
15 8
16 9
100
19 8
18 4.
K 7
34.9
35 1
35.0
34.6
34.4
34.2
33.1
32.0
30.8
29.6
0.9
10
1.1
1.1
1.2
1.2
1.3
1.2
1.2
1.2
4.<
4.
4.
3.
3.
3.
3.
3.
3.
2.
27
27
28
27
27
28
28
28
29
30
33
37
45
57
64
72
78
84
9 1
97
74
75
79
80
82
87
92
94
95
10 2
74
84
92
95
10 3
11 3
12 6
12 4
12 2
12 3
54
68
80
80
80
85
94
80
63
42
g
6
g
*g
5
6
g
5
5
4
59
5.8
57
57
56
5.6
58
59
6.2
62
28 4
27.5
27 0
25 9
24.8
24.0
23 5
22.9
22.0
21 2
1.2
1.2
13
13
1.4
1.4
14
1.3
1.3
1.4
2.
2.
2.
2.
2.,
2.,
2.,
2.J
2.1
2.,
11 0
12 1
13 8
15 5
16 9
18 7
20 8
23 3
26 0
28 6
13 2
14 7
16 8
19 1
20 7
22 g
25 9
26 6
26 8
29
38
61
85
11 0
13 2
13 8
13 2
12 9
12 8
4
7
9
9
10
11
1i
13
14
15
6.4
66
73
75
7.5
75
77
8.0
82
8.2
20.5
19 9
19 7
20.1
20.6
20 7
21.3
21.7
22 0
21.9
1.6
19
24
2.9
3.4
3.9
4.5
5.1
5.8
6.3
2.<
2.
2.<
3.J
3.
3.<
4.'
4.'
4.J
5.(
52 0
54 5
27 6
28 1
28 1
27 5
27 6
28* 1
28 3
29 g
31 3
33 2
13 9
14 3
14 4
13 5
13 0
13* 1
13 1
13 7
14 3
15 2
16
18
22
24
31
37
43
50
53
58
83
85
88
90
91
92
92
92
90
90
21 9
22.2
22.7
22 6
22.5
22.5
22.2
22 1
22 0
22.3
6.9
7.4
8.0
83
8.6
9.0
9.4
9.8
10.5
11.5
5.'
5.J
6.
6.,
7.
7.'
7.'
8.
8.(
9.1
57 6
61 0
64 2
66 8
36 0
39 6
42 4
45 7
16 7
18 0
18 9
20 1
67
79
9g
12 0
91
90
89
89
22.7
23.1
23 2
22.9
12.6
14.0
15.6
17.6
9.<
10.'
11.,
26
28
29
30
37
39
39
36
34
37
4 1
01
6
4
4
g
0
3
4
2
4
2
3
3
2
2
4
4
35
35
34
33
33
33
33
31
29
27
18.1
17 9
17 4
16.8
16 4
16 1
15 1
13.9
12 8
11.9
0.5
.6
g
.6
.7
.7
.7
.6
.6
.6
2.0
1.9
1.8
1.8
1.8
1.7
1.6
1.4
1.3
1.2
4
5
5
5
31
4 0
4 5
40
4 n
4 6
5 2
35
23
15
3
3
3
2
2
3
3
3
2
2
2
2
2
2
2
2
2
3
3
3
5
4
3
4
4
5
g
0
3
3
11 1
10.6
10 4
9.8
9 3
9 1
9 1
9.1
88
86
.6
.6
.6
.7
.7
.7
.7
.6
.6
.7
1.2
1.2
1.1
1.1
1.0
1.1
1.2
1.2
1.2
1.2
j j
2 2
38
50
6 2
75
7 4
66
6 7
2
5
g
g
g
g
g
7
g
35
37
4 4
4 5
4 4
4 2
4 3
4 4
4 4
4.3
85
84
8.7
9 5
10 4
10.8
11 5
12 1
12 4
12.2
.9
1.2
1.6
2.0
2.3
2.6
2.9
3.2
3.5
3.7
1.2
1.4
1.7
2.0
2.2
2.4
2.5
2.6
2.7
2.8
23 7
24 7
fi 4 10 3
68
74
f)A
21 7
ft
9K K
24 4
25 0
25 3
26 2
27 1
27 9
OK ft
98 7
90 9
90 A
90 o
30 0
24 7
30 9
32 3
9K 7
97 Q
10 1
15 4
15 9
16 5
17 1
17 7
19
22
27
33
37
42
47
52
6.9
69
6.9
6.8
6.8
69
6.9
6.7
64
6.2
23 6
52
c q
U'q
0.1
1
2
3
.4
4
4
.4
7
7
19 1
52
54
54
12 4
13 2
76
86
87
89
90
84
73
57
48
46
9ft Q
Q 1
ft
K
44
49
52
55
64
68
69
67
66
69
90 n
26 0
26 8
Q fi
U
59
62
65
69
73
76
7*8
77
75
74
99 K
91 fl
99 A
K 9
91
11 7
11 7
11 7
11 7
11 4
11 2
15
15
1 5
15
15
16
17
17
17
17
30
3i
32
32
33
32
32
30
29
28
60
77
8
n
o
16
17
17
18
19
19
19
18
17
16
29 3
oft 7
31 6
oq Q
35 6
99 ft
99 4.
00 Q
23 1
27 0
98 9
on 9
80
8a
90
10 0
1ft Q
12 1
13 6
15 3
18 3
22 0
26* 5
10 9
11 5
o
U
12 2
12 6
13 0
13 5
14 1
14 8
IK 7
16 7
17 fi
18 6
31 2
34 3
37 4
39 9
42 2
44 7
47 5
4Q 8
24*9
12. :
Net stocks using straight line depreciation (billions of 1958 dollars)
925
926.
927
928
929
930
931
932
933
934
-
935
936
937
938
939
940
)41_. .
H2
H3
)44
945
946
947
948
949
950
951
952.
953
954
.
66 8
69 1
69 7
70 6
72 9
72 4
68 9
63.2
58 7
55.8
16 0
16 7
17 0
17 4
17 9
17 8
17 1
15 9
14 8
14 0
44 3
45 7
45 8
46 0
47 2
46 7
44 2
40 3
37 5
35 5
27
3Q
33
36
39
40
4 0
38
35
34
2
2
2
2
2
2
2
2
2
2
3
4
5
5
g
6
6
5
3
3
55 0
56 7
59 5
58 3
58 6
61 4
65 8
63.8
61 6
62.3
13
14
14
14
14
15
16
16
16
16
7
0
6
4
4
2
1
2
2
7
34 9
35 9
37 4
36 4
36 4
38 2
40 9
38 9
37 1
36 9
33
33
33
33
33
34
3g
36
35
35
2
2
2
2
2
2
2
2
2
2
2
1
i
o
0
o
0
0
i
3
18 3
21 4
25 8
29 5
31 3
32 9
35 5
37 8
39 8
41.9
40 1
44 9
52 4
59 3
63 1
68 0
71 6
74 2
77 2
78.8
3
3
4
4
5
5
5
6
6
25
29
34
39
4 1
4 4
4 8
53
57
fi 9
67 6
75 8
89.4
102 0
109 7
118.0
125 6
131 1
137 0
140.9
See footnotes at end of table.
5
9
4
g
0
3
7
1
4
fi. 7
16
16
1 fi
15
15
15
14
13
12
12
i q
Q
1 ft
15
17
I n
2 i
2 4
9 fi
2 9
31
a A
9 fi
29
&
28
3 ft
q o
q o
q c
q 9
4
29
4
g
7
g
9 1
2 3
23
9 4.
4
4 3
4 7
K
ft
5 2
K i
9
4
,1
q
3 ft
9 o
rj
1
q ft
1
7
4 "»
3
3
3 3
q 7
1
4 3
4 9
K
Q
6 5
7 2
7 7
8 9
85
8 7
rj
q
q
q
q
q ft
q i
9 1
q q
9 o
o
30
9 3
3 8
A
q ft
3q K5
25
2g
2 7
9 Q
39
Q
9
ft
/1
1
1
i
26
18
17
1 ft
0
1
1
1
1
i
I
8 7
88
8 fi
8 Q
8 Q
8 fi
8 9
7 ft
7 1
fi 7
q A
q c
37
1 7
1i
1
1
i
2
2
11
1 j
12
33
1
16
C
g
1 8
1
1
1
1
17
2 2
9 8
q ft
3 1
3 9
q 4
3
K
3 3
0
K O
C
ft 1
9 9
91
2 3
9
9
9
9
9
9
9
K 0
*\
^
K
C
7
8
7
ft
ft
7 3
8 9
8 fi
8 fi
8 8
9 q
9 n
10 7
11 7
A
6 4
6 4
6 9
ft i
ft i
fi n
59
K
K
ft
ft
ft n
ft ft
80
9 9
9 0
10 6
U A
n
n
19 4
19 7
K
4
K
O
3q K3
ft n
7
ft 9
ft
f»
ft 7
ft
K
6
1
K
A
K 7
K q
5
K
K
ft
K 7
K 7
c 7
K o
K
ft
ft
1
I
Q
K
ft
n
i n
7
g
4
3
2
4 2
39
37
7
2
'2
37
g
3
8
R
9
9
9
9
9
9
K
4
K
7
4 0
4 1
ft,
K
K
g
51
K 1
1 fi
1 ft
i °.
17
1
Q
87
9
10 8
12 0
4 5
q 9
A;
28
q o
25
ift q
ft
7 9.
4 1
9 7
9 Q
q i
K 7
9 1
9 1
9 q
1ft ft
0
q 7
4 1
9
9
c c
0
4 4
q Q
K Q
6
7
3
4 0
4 2
4 4
Q
4 7
4 8
iq q
14 8
51
16 4
fi 9
17 7
2
1
8
9
fi 4
6
7
6
6
5
9
7
8
0
6
fi 3
7 4
9 2
11 0
11 9
13 1
14 1
14 1
iq n
13 fi
4
4
4
4
4
3
2
2
2
fi 8
1
I
8
SUEVEY OF CUKKENT BUSINESS
28
April 1970
Table 3.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Sales Prices—Continued
Industry
Other
All
indus- Man- nontries i ufac- farm
turining
dustries
Year
Types of equipment
Fur- Fab- Ennirigines
ture cated and
and metal turfix- prod- bines
tures ucts
Agricultural
maTrac- chintors
ery
(except
tractors)
MinSpeing Metal- cial inConstruc- and work- dustry
ing
tion
oilma- field mamachinchinchin- maery
ery chin- ery
ery
Office,
comGen- puteral
ing
indus- and
trial | acma- countchining
ery
machinery
Service
industry
machines
Elec- Trucks,
trical buses, Passenmaand
chin- truck
ger
ery
trailcars
ers
Aircraft
MisIn
Ships Railceland road stru- laneboats equip- ments ous
ment
equipment
Net stocks using straight line depreciation (billions of 1958 dollars)—Continued
41
44
4*8
52
55
60
67
78
55
58
62
63
64
66
68
71
74
79
19 0
20 5
22 2
22 9
23 8
25 1
26 2
27 5
28 6
30 1
13 9
14 1
14 0
13 4
13 7
14 2
14 4
15 5
16 8
18 2
77
75
72
64
63
66
65
68
74
80
08
10
1.3
14
19
2.3
27
31
3.1
33
42
'4 2
4.4
45
4.6
4.6
45
4.5
4.4
45
12 2
12 3
12.6
12 2
11.9
11.6
11 1
10.9
10.5
10 6
39
4.2
4.4
45
4.6
4.9
5. 1
5.3
5.8
6.6
3.0
3.2
3.4
3.6
3.8
4.1
4.3
4.5
4.8
5.2
89
11 0
13 6
16 5
86
92
98
10 3
32 0
34 4
36 4
37 7
20.2
22.5
23 9
25.7
90
9.6
98
10.5
3.8
4.7
5.9
7.7
4.6
4.6
4.6
4.7
10.8
11.3
11.3
11.1
7.3
8.2
9.4
10.7
5.7
6.1
6.6
6.9
1955
1956
1957
1958
1959.
1960
1961
1962.
1963
1964
147 1
153.3
158.8
159 7
163. 1
167.5
169 7
174 7
181.1
190 8
43 4
46 2
48.7
48 7
48 6
49.1
49 3
49 9
50 9
53 2
83 2
86 8
90 2
90 0
94 5
98 9
101 1
105 5
110 3
117 4
72
77
81
84
8*8
92
96
10 1
10 7
11 3
66
69
73
77
7*8
80
80
81
82
86
38
41
44
47
49
51
53
54
55
57
53
53
52
51
52
49
47
46
46
48
89
90
89
92
93
93
93
92
94
95
34
36
36
36
38
38
37
37
39
43
28
29
30
2g
27
27
25
24
25
25
12 1
12 9
13 5
13 4
13 3
13 4
13 3
13 3
13 5
13 9
13 1
13 6
14 0
14 0
14 2
14 5
14 7
15 0
15 2
15 6
10 7
11 1
11 6
11 6
11 7
11 9
12 0
12 1
12 4
13 0
34
1965
1966
1967
1968
204.0
221.0
236.5
251. 5
57.1
62.6
66 9
70.5
125 8
136. 1
146 2
156 8
12 0
12.8
13 6
14 1
91
97
10 2
10 7
58
60
64
68
51
56
60
62
98
10 2
10 7
11 0
46
50
52
55
26
27
28
28
14 6
15 6
16 7
17 3
16 3
17 3
18 6
19 8
13 8
14 8
15 5
16 1
Net stocks using double declining balance depreciation (billions of 1958 dollars)
1925..
1926
1927
1928.
1929
1930
1931
1932
1933
1934
52.5
54.4
54 6
55.4
57.4
56.7
53 3
48.2
44.4
42.2
12 7
13.2
13 4
13 8
14.2
14.0
13 3
12 2
11.2
10 6
34 8
35 8
35 7
35 8
37.0
36.4
34 1
30 7
28.3
26 8
22
25
28
30
32
3.2
31
29
2.7
26
19
20
20
20
21
21
20
19
1.8
17
13
13
12
12
12
12
I i
10
.9
8
10
1i
12
13
14
14
14
12
1.1
10
26
27
28
29
31
31
30
27
2.4
22
07
8
8
8
9
9
8
g
.5
4
11
12
12
12
14
13
1I
I 0
.9
8
22
23
24
26
27
27
26
23
2.1
20
69
70
70
70
70
67
64
58
5.4
51
43
46
48
50
53
53
51
47
4.3
4i
07
7
7
8
8
8
7
6
.5
5
12
12
13
13
13
13
12
1i
1.0
9
26
28
30
32
35
3.6
35
33
3.0
29
20
2.2
22
23
29
3.1
30
2.7
2.6
29
29
3.2
30
30
3.2
2.7
22
1.6
1.5
17
0.1
.1
1
.2
.2
.2
2
.1
.3
.3
2.7
2.7
2.7
2.6
2.6
2.6
2.6
2.4
2.2
2.1
14.3
14.1
13.7
13.1
12.8
12.6
11.6
10.6
9.7
9.0
0.4
.5
.5
.5
.5
.5
.5
.5
.5
.4
1.5
1.5
1.4
1.4
1.3
1.3
1.2
1.1
1.0
.9
1935
1936
1937
1938
1939
1940...
1941
1942
1943
1944
41.9
43.8
46.4
45 3
45 7
48.3
52.1
50.0
48.1
49.1
10.5
10 9
11 5
11 3
11 4
12 0
12 9
12.9
12 8
13 3
26.5
27 5
29 0
28 1
28 2
29 9
32 2
30.2
28 8
29 0
2.5
25
26
26
26
27
29
2.9
28
27
17
16
16
16
15
15
16
16
17
18
8
8
9
9
9
9
10
9
9
10
1
2
4
5
5
g
19
18
16
18
22
22
23
24
24
25
27
28
28
30
3
4
5
5
5
g
g
g
g
5
8
10
11
11
11
1 I
14
14
14
14
20
22
24
24
25
31
38
44
49
51
49
49
50
49
48
48
47
46
44
44
40
42
45
44
45
45
46
44
43
47
5
5
g
6
g
g
7
7
g
7
9
10
10
10
1i
1i
12
1 i
11
12
28
28
31
31
33
37
41
41
41
46
3.4
42
48
47
51
55
61
5. 1
44
42
2.3
29
32
27
28
33
37
2.3
15
1.0
.2
2
.2
2
2
.2
.2
.2
1
.1
1.9
1.8
1.8
19
19
2.0
2.3
2.5
2.8
2.8
8.3
8.0
8.0
75
7.1
7.0
7.2
7.2
6.9
6.9
.4
.5
.5
.5
.5
.6
.5
.5
.5
.5
.9
.9
.8
.8
.8
.8
.9
.9
.9
.9
1945
1946
1947.
1948
1949
1950
1951
1952
1953 .
1954
54.2
61 4
73.0
83.1
88.3
94.4
99.9
103.9
108.5
111 1
14 8
17 5
21 4
24 4
25 5
26 5
28 5
30.3
31 8
33 4
32 1
36 2
42 5
47.8
50 3
53 9
56 4
58 3
60 7
61 7
28
31
36
39
41
43
46
49
51
54
20
24
29
33
34
36
39
43
47
51
13
13
14
16
18
20
22
24
26
29
19
19
22
27
31
35
38
40
41
40
34
35
40
48
54
59
64
67
69
70
9
14
18
23
23
24
25
26
26
25
18
18
18
19
19
19
2o
21
21
2i
54
60
67
7o
69
70
75
79
86
95
47
54
66
77
81
87
93
97
10 0
10 1
55
61
69
75
75
75
76
76
79
81
7
10
14
17
18
19
21
22
24
24
14
17
23
31
33
36
36
37
39
4i
52
60
73
83
89
98
10 8
12.1
13 3
14 3
48
59
74
8.9
93
10 2
11.0
10.7
10 5
10 2
8
17
29
36
45
54
5.2
4.6
48
49
.2
4
.5
.4
5
.5
.4
.5
.6
7
2.9
3.1
3.7
3.7
3.5
3.4
3.5
3.5
3.3
6.8
6.7
7.0
7.8
86
8.9
9.6
10.0
10.2
9.9
.7
1.0
1.3
1.6
1.8
2.1
2.3
2.6
2.8
2.9
.9
1.1
1.3
1.6
1.7
1.9
2.0
2.0
2.1
2.2
1955
1956
1957
1958
1959.
1960
1961-. .
1962
1963
1964
116.0
120 9
125.2
125.3
127.9
131.4
132.8
137.0
142.2
150 4
34 5
36 9
38 9
38 6
38 1
38.5
38 5
39.1
39 9
42 0
65 4
68 2
70 9
71.1
74 2
77.7
79 2
82.8
86 7
92 5
58
62
65
67
70
74
77
81
86
91
53
56
59
62
63
64
64
64
65
68
32
34
36
39
41
42
43
44
45
45
41
41
40
39
40
37
36
35
36
38
71
71
70
72
74
73
73
73
74
75
26
28
27
27
29
29
28
28
30
33
22
23
23
21
2i
20
19
18
19
20
98
10 5
10 9
10 7
10 5
10 6
10 4
10 4
10 6
11 0
10 4
10 8
11 1
11 1
11 2
11 5
11 6
11 9
12 0
12 4
84
88
92
92
92
9.4
94
9.5
98
10 3
2g
28
32
34
37
40
42
4.7
52
61
43
45
48
48
50
51
53
5.5
58
62
15 2
16 4
17 8
18.2
18 9
19.9
20 9
22.0
22 8
24 0
10 6
10 8
10 7
10. 1
10 5
10.9
11 0
12.0
13 1
14 2
56
52
50
4.4
45
4.7
46
4.9
54
58
.6
8
1.1
1.1
1.6
1.9
2. 1
2.4
2.3
25
3.3
33
3.5
3.6
3.7
3.7
3.6
3.6
3.5
3.6
9.7
98
10.1
9.7
9.3
9.1
8.7
8.4
8.2
8.3
3.1
3.3
3.5
3.5
3.6
3.8
4.0
4.2
4.6
5.3
2.4
2.5
2.7
2.8
3.0
3.2
3.4
3.6
3.8
4.1
1965
1966
1967
1968
161.5
175 8
188.0
199.6
45.5
50 3
53 7
56.4
99.3
107 7
115 7
123 9
9.6
10 3
10 9
11 3
73
7g
83
87
46
48
52
56
40
45
47
49
78
82
86
89
36
39
40
42
20
2i
22
22
11 7
12 6
13 5
13 9
13 1
13 9
15 1
16 0
11.0
11 9
12 4
12 9
6.9
87
10 8
13.0
6.7
73
76
8.0
25.6
27 7
29 2
30 1
15.8
17 7
18 5
19.9
6.5
69
69
7.5
3.0
37
4.8
6.2
3.7
3.7
3.7
3.7
8.6
9.1
9.1
8.9
5.9
6.6
7.6
8.7
4.5
4.8
5.2
5.4
60
81
80
59
79
58
58
78
58
77
59
77
61
79
64
83
67
87
fi. 9 9.1
31
32
34
3g
34
35
38
41
44
4.4
19
19
20
21
21
22
24
27
27
2.5
27
27
29
25
26
31
36
44
32
3.7
13.1
13 1
13 3
13 5
13.6
13.5
13 5
13 9
14.4
14.8
12.7
13 0
13 4
13 7
14.0
14.2
14 7
15.3
15.9
16.3
6.2
6.3
6.4
6.6
6.5
6.6
6.8
7.1
7.4
7.7
5.7
5.7
5.7
5; 7
5.6
5.6
5.6
5.7
5.9
5.9
0 0
Mean age of gross stocks (years)
1925—.
1926
1927 .
1928. .
1929— .
1930
1931
i932__ .
i933___ _
i934
8.8
88
89
89
8.8
9.0
93
98
10.2
10.5
81
80
81
81
81
8.2
85
89
92
9.5
93
93
93
94
94
95
98
10 4
10 8
11.1
72
68
65
63
62
63
66
70
75
7.8
See footnotes at end of table.
97
96
9g
97
9g
97
99
10 2
10 5
10.8
10 9
10 9
11 0
11 0
10 9
10 9
11 1
11 4
11 7
11.9
46
49
50
53
56
61
66
73
81
8.7
94
94
94
94
92
92
95
10 0
10 4
in 8
40
40
41
41
4i
43
47
52
58
fi 9.
5 0
49
50
50
49
50
54
58
61
fi 3
81
80
81
79
79
81
85
90
95
Q8
82
83
84
85
86
88
91
94
97
71
70
69
69
68
69
71
74
77
10 0
8.0
45
43
42
41
4i
43
46
49
52
5.3
SUKVEY OF CURRENT BUSINESS
April 1970
29
Table 3.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Sales Prices—Continued
Types of equipment
Industry
All
indus- Mantries i ufacturing
Year
Agricultural
Other Fur- Fab- Enrininonmagines
farm ture cated and Trac- chinery
inand metal turtors
fix- prod- bines
(exdustries tures ucts
cept
tractors)
MinSpeCon- ing Metal- cial instruc- and work- dusing
try
tion
oilma- field mamachin- ma- chin- chinery chin- ery
ery
ery
General
industrial
machinery
Office,
computing
and
accounting
machinery
Service
industry
machines
Elec- Trucks,
trical buses, Pasmaand
senchin- truck
ger
ery
trail- cars
ers
Aircraft
MisShips Rail- Inceland road stru- laneboats equip- ments ous
equipment
ment
Mean age of gross stocks (years)—Continued
10 6
10.4
10.1
10.1
10.0
9.7
9.3
9.3
9.4
93
9.6
9.5
9.3
9.3
9.2
9.0
8.6
8.5
8.5
8.3
11 2
11 0
10.7
10.7
10.6
10 3
9.8
9.9
10 1
10 0
82
84
8.5
8.6
8.7
86
8.4
8.3
84
84
11 1
11 2
11.3
11.5
11.6
11 6
11.5
11.4
11 1
10 7
12 0
11 9
11 4
11.2
10.9
10 5
10 3
10.4
10 3
98
90
89
86
8.5
8.5
83
79
8.0
85
83
10 9
10 8
10 6
10.3
10.2
10 0
95
9. 1
90
85
63
59
53
4.7
4.3
39
37
37
39
43
62
58
55
5.4
5.2
50
45
4.6
48
49
98
96
9.2
9.3
9.1
84
75
7.0
67
67
10 2
10 1
10 0
10.1
10.0
10 0
99
9.8
98
96
81
80
78
7.9
7.8
78
77
7.7
77
74
53
50
46
4.3
4.1
39
37
3.8
40
40
69
67
6.4
6.3
6.0
57
55
55
55
53
93
93
9. 1
9.2
9.1
87
83
8.4
84
80
43
41
4.0
4.2
4.3
45
4.5
5.2
59
63
22
21
21
2.4
2.5
24
23
29
35
43
42
47
49
5.1
5.1
47
4.4
4.7
52
53
15 3
15 4
15.4
15.0
15.1
14.6
13.8
13.1
12 3
12 0
16 8
17 0
17.0
17.3
17.5
17 5
17.3
17.2
17 1
16 9
78
77
7.4
7.4
7.2
7.1
7.1
7.4
73
72
5.9
5.7
5.6
5.6
5.4
5.0
4.7
4.5
4.4
4.4
1945
1946
1947
1948
1949
1950
1951
1952 .
1953
1954
8.8
8.3
7.5
6.9
6.6
6.4
6.3
6.3
6.3
6.4
7.9
7.2
6.5
6.1
6.1
6.1
6.0
6.1
6.2
6.3
9.6
8.9
8. 1
7.4
7.1
6.8
6.6
6.6
6.5
6.6
8.2
7.7
7.2
6.9
6.8
6.7
6.6
6.5
6.4
6.4
10.2
9.3
84
7.8
7.5
7.3
7.1
6.8
6.6
6.5
8.6
8.7
83
77
7.4
7.0
7.0
69
70
69
8.0
8.0
75
69
6.5
6.1
5.8
57
5.6
5.8
8.0
7.8
73
67
6.4
6.3
6.3
63
65
6.8
35
2.9
27
27
30
3.3
3.6
38
41
44
4.6
4.8
49
49
5.1
5.2
5.2
52
53
5.4
66
6.4
62
64
67
6.9
7.0
71
71
71
92
8.5
76
70
68
6.6
6.5
65
66
68
68
6.5
61
60
6.1
6.2
6.3
65
66
6.8
3.9
3.4
30
29
3.0
3.1
3.3
35
36
3.8
50
4.7
41
37
37
3.9
4.1
43
45
47
7.5
7.1
65
62
6.1
6.0
5.9
59
58
59
6.2
5.8
52
47
4.6
4.4
4.3
44
4.6
4.7
49
3.5
25
22
22
2.1
2.2
24
25
26
4.7
3.0
29
32
3.3
3.7
4.1
40
40
4.0
11.5
11.1
10 1
10.0
10.1
10.3
10.3
10.3
10.4
10.7
16.7
16.6
16 0
15 0
14.0
13.5
12.8
12.2
11.8
11.8
6.2
5.3
4.5
4.1
4.0
4.1
4.1
4.2
4.4
4.7
4.4
4.1
3.9
3.7
3.7
3.8
3.9
4.1
4.3
4.4
1955
1956
1957
1958
1959 .
1961
1962
1963
1964
6.5
6.5
6.6
6.7
6.8
6.9
7.0
7.0
7.0
6.9
6.4
6.5
6.5
6.8
7.0
7.2
7.3
7.4
7.5
7.4
6.5
6.5
6.5
66
6.7
6.6
6.7
6.7
6.6
6.5
6.4
6.3
6.4
65
6.5
6.6
6.6
6.7
6.7
6.7
66
6.7
6.8
70
73
7.6
7.8
81
8.3
8.3
69
71
7.2
73
75
7.8
8.0
83
86
8.8
57
5.8
6.0
62
62
6.5
6.6
67
66
6.5
70
7.3
7.6
78
80
8.2
8.5
86
87
8.8
45
4.5
4.5
44
43
4.3
4.4
44
43
4.1
54
53
5.2
54
54
5.4
5.5
55
55
5.4
73
73
7.4
77
79
81
8.3
84
85
8.4
69
70
7.2
75
77
78
8.0
81
oo
8.2
68
6.8
6.9
70
70
7. 1
7.1
7.1
71
7.0
38
38
3.6
36
36
36
3.6
36
36
3.5
48
49
4.8
49
49
49
49
49
49
48
60
61
6.1
63
65
6.5
6.6
66
67
6. 7
47
4.7
4.8
49
49
4.8
4.7
45
4.4
4.2
26
28
30
33
34
33
3.3
33
31
30
41
37
3.4
35
31
3.1
3.2
33
36
3.8
11 0
11.1
11.0
11 0
11.1
11.2
11.3
11 4
11.5
11.5
11.8
11.6
11.4
11 6
11 9
12.1
12.4
12.7
13.0
13.1
4.8
5.0
5.1
5.3
5.4
5.3
5.3
5.3
5.2
5.0
4.6
4.7
4.8
4.8
4.9
4.9
4.9
4.9
4.9
4.9
1965. .
1966
1967
1968 .
6.8
6.6
6.4
6.3
7.3
7.0
6.9
6.8
6.4
6.2
61
6.0
6.7
6.6
66
6.7
8.3
8.1
81
80
91
9.2
91
90
62
5.8
56
55
87
8.6
85
84
40
39
39
39
52
51
50
50
83
8.2
79
79
81
79
77
76
68
67
66
66
34
32
31
30
47
46
45
46
66
65
64
64
41
4.0
40
40
28
28
28
28
37
3.6
33
31
11.3
11.2
11 0
10 9
13.0
12.8
12.9
13.1
4.9
4.8
4.6
4.5
4.8
4.8
4.9
4.9
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
-'-.
I960
1. The sum of the capital stock estimates for the detailed types of equipment may exceed the "All industries" total because the latter includes an allowance for receipts from the sale of
scrap.
NOTE.—Capital stock estimates for "Farm" may be obtained by subtracting the sum of the "Manufacturing" and "Other nonfarm industries" columns from the "All industries" column.
Source: U.S. Department of Commerce, Office of Business Economics.
Table 4.—Constant Dollar Gross and Net Stocks and Mean Age of Structures and Equipment, by Broad Industry Group, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs
SERVICE LIVES: 85 PERCENT OP BULLETIN F
WINFREY DISTRIBUTION
Gross stocks
Year
Constant cost 1
All
industries
Net stocks using double declining balance depreciation
Net stocks using straight line depreciation
Constant cost 2
Manu- Other
All
facnonfarm industuring industries
tries
Constant cost 2
Constant cost 1
Manu- Other
All
facnonfarm industries
turing industries
Manu- Other
fac- nonfarm
turing industries
All
industries
Constant cost 2
Constant cost 1
Manu- Other
All
facnonfarm industuring industries
tries
All
Manu- Other
nonfarm indusfactries
turing industries
Manufacturing
Other
nonfarm
industries
Gross and net stocks (billions of 1958 dollars)
1925
1926
1927
1928
1929 ..
1930 .
1931
1932
1933
1934
395 9
408 2
418 6
1935--.
1936
1937
1938
1939 .1940
1941
1942
1943
1944
275 7
284 9
292 6
299 4
307 1
312 4
312.4
429 5
422 8
89 0
91 6
93 8
96 6
100 2
101 3
100.3
97.6
95 7
94 0
418.1
417 5
419 4
415 6
413.0
413.3
417 1
411 1
402 2
92 4
91 9
92 3
90 8
89 8
90 0
91 5
90 2
88 1
295 2
294 9
296 0
293 8
292 1
292 2
293 8
289 2
282 9
278 9
428.8
440.6
447.1
445.6
437.9
396.4
8fi.7
See footnote at end of table.
308.2
302 6
298 1
360 7
372 2
381 9
391 6
403 2
409 8
408 7
401 6
393 9
387 9
75 7
78 4
80 8
83 7
87 4
88 8
88 1
86 0
84 5
83 1
253 7
262 1
268 9
275 1
282 5
287 6
287 6
283 6
278 3
274 1
212 6
220 0
225 4
230 7
238 0
240 0
234 6
224 0
213 7
205 4
47 4
49 1
50 3
52 1
54 7
54 7
52 8
49 6
47 2
45 2
149 1
154 5
158 5
161 9
166 2
168 3
165 6
159 2
152 1
146 5
193 8
200 8
205 7
211 0
218 3
220 7
215 8
206 0
196 4
188 9
41 2
43 0
44 3
46 2
48 9
49 2
47 5
44 7
42 6
40 8
136 4
141 4
144 9
148 0
152 3
154 6
152 1
146 1
139 6
134 4
169 9
176 4
181 1
185 6
191 9
193 1
187 4
177 1
167 4
160 0
37 8
39 3
40 4
42 0
44 3
44 1
42 0
38 8
36 7
34 9
119 3
124 1
127 5
130 4
134 1
135 7
132 7
126 5
119 8
114 6
154 7
160 8
165 1
169 6
176 0
177 6
172 4
162 9
153 9
147 2
33 0
34 6
35 7
37.4
39.8
39.8
37.9
35.1
33 1
31 5
113.3
116.3
118.9
122.7
124.5
121.8
116.1
109.9
105.1
383 9
383 9
386 4
383 5
381 6
382 9
387 3
382 1
374 2
82 0
81 8
82 6
81 7
81 1
81*8
83 6
82 7
81 1
271 4
271 3
272 6
270 8
269 5
270 0
271 9
267 7
261 8
142 6
141 1
141 3
138 4
136 7
137 0
138 4
133 6
128 1
39 4
39 0
39 7
38 6
38 1
38 9
40 8
40 0
38 5
130 9
129 7
130 2
127 8
126 4
127 1
128 8
124 4
119 3
111 2
101 1
110 4
107 9
106 6
107 1
108 5
104 2
99 5
ISO 0
19* 1
IfiQ 9
37 8
lift K
31 A.
Q7 9
142 9
142 3
144 2
141 1
139 8
141 5
145 7
140 5
134 3
139 n
30.3
30 2
31 1
30 1
29 8
30 6
32 5
31 7
30 3
957 5
155 2
154 1
155 6
151 9
150 1
151 4
155 2
149 6
143 0
iin a
33 5
33 2
33 9
32 7
32 2
32 9
34 7
33 7
32 i
3fiQ 1
43 5
43 0
43 4
42 1
41 3
41 8
43 6
42 6
40 9
in n
183 9
182 7
184 3
180 7
179 0
180 5
184 7
179 3
172 3
80 1
199 7
198 0
199 1
194 8
192 4
193 3
197 1
191 2
183 6
102.1
101.2
101.8
99.7
98.7
99.5
101 1
97 0
92.6
90.6
29.7
108.9
SUEVEY OF CUKEENT BUSINESS
30
April 1970
Table 4.—Constant Dollar Gross and Net Stocks and Mean Age of Structures and Equipment, by Broad Industry Group, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs—Continued
Gross stocks
Year
Constant cost 1
Constant cost 2
Constant cost 1
All
industries
Net stocks using straight line depreciation
All
Manu- Other
nonfarm indusfactries
turing industries
All
Manu- Other
nonfarm indusfacturing industries
tries
Net stocks using double declining balance depreciation
Constant cost 2
Manu- Other
facnonfarm
turing industries
All
industries
Constant cost 1
Other
Manufac- nonfarm
turing industries
All
industries
Constant cost 2
Manu- Other
fac- nonfarm
turing industries
All
industries
Manufacturing
Other
nonfarm
industries
Gross and net stocks (billions of 1958 dollars)—Continued
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
398.1
415.5
440.1
463.2
479.8
498.7
517.6
534.0
551 5
567.6
88.1
96.7
106.5
114.3
118 9
123 1
128.8
134.1
139 1
144 2
278.1
285.6
298.2
310.6
319 5
331.4
341.7
350.7
360 8
369 9
371.5
389.0
413.6
437.2
454 3
473.8
493.1
509.8
527 6
544 1
81.8
90.6
100.5
108.6
113 6
118 0
124 1
129.6
134 8
140 1
257.7
265.3
277.8
290.2
299 4
311.5
322 0
331.0
341 2
350 6
183.1
198.8
220.0
238.6
249 8
262 4
274 6
284.2
295 0
303 9
41.7
49.5
57.8
63.8
66 4
68 3
71 7
74.4
76 9
79 2
126.2
132.9
143.7
153.6
159 7
168.2
175 1
180.8
187 9
193 9
172.6
188.0
208.9
227.5
239 0
251.8
264.0
273.5
284 4
293 4
39.6
47.3
55.5
61.7
64.5
66 5
70.0
72.9
75 4
77 8
117.8
124.4
134.8
144.7
150.8
159.3
166.2
171.7
178 8
184.8
143.8
157.9
176.4
192.0
200 7
210.7
220.6
228.2
237 3
244 3
33.1
40.1
47.3
52.1
53.7
54.7
57.5
59.7
61 6
63.4
98.7
104.7
113.9
122.4
127.2
134.4
140.2
144.9
151.1
156.0
135.7
149.5
167.5
183.3
192.1
202.3
212.1
219.7
228 7
235.9
31.4
38.4
45.4
50.5
52.3
53.4
56.2
58.5
60.4
62.2
92.1
97.9
106.9
115.2
120.0
127.3
133.0
137.6
143.8
148.7
1955
. .
1956 .
1957
1958
1959
I960 .
1961
1962
1963
1964
587.7
609.5
630.1
643.5
658.5
675.5
691.2
709.4
728.8
752.3
149.6
156.1
162.4
165 4
167.2
169.8
172.8
175.4
178 6
182 5
382.9
397.1
410.5
419 6
432.0
446.2
458.9
474.1
489 6
508 6
564.8
587.1
608.5
622 8
639 0
657.5
674.9
694.6
715 6
741 0
145.6
152.3
158.7
162 0
164 1
167 0
170 1
173.0
176 4
180 5
364.1
378.6
392.5
402 4
415 7
431 1
445 2
461.8
478 7
499 3
316.0
329.9
342.5
348 5
356 5
366 5
374 1
384.6
396 0
411 6
81.5
85.3
88.8
89 3
88 8
89 4
89.6
90.1
91 2
93 5
203.2
213.3
222.4
227 6
236 0
245 7
253 1
263.0
272 8
285 6
305.8
319.9
332.9
339 5
348 5
359 7
368.6
380.4
393 1
410 1
80.0
83.8
87.4
88 0
87.7
88.4
88.9
89.5
90 7
93.1
194.5
204.8
214.2
219.9
229.0
239.8
248.3
259.4
270 3
284.4
254.3
266.0
276.5
280 7
286 9
294.9
300.5
309.1
318 4
331.4
65.0
68.3
71.3
71.3
70.4
70.7
70.7
71.1
71.9
74.0
164.1
172.7
180.3
184.2
191.2
199.2
204.9
213.1
220.8
231.4
246.1
258.1
268.9
273.7
280.8
289.8
296.7
306.5
316.8
331.1
63.8
67.1
70.2
70.3
69.6
70.0
70.2
70.6
71.6
73.8
157.2
165.9
173.8
178. 2
185.9
194.8
201.6
210.8
219.6
231.3
1965
1966
1967
1968 -.
783 3
820.8
856.9
893.5
189 0
198 1
206 4
213.7
532 0
558 8
585 0
612.8
774 1
813 9
852 2
891.1
187 2
196 7
205 3
212 8
524 5
553 3
581 4
611 3
433 5
460 6
484 3
507 4
98 2
105 2
110 9
115 4
301 8
320 7
337 5
355 1
433 7
462 5
487 9
512 6
98 0
105 2
111 0
115 7
302 2
322 6
341 0
360.1
350 2
373 2
392 3
410.5
78.4
84 6
89.3
92.8
245.0
260.8
274.3
288.3
351.3
375.9
396.4
416.0
78.3
84.7
89.5
93.2
246.3
263.4
278.2
293.5
Mean age of gross and net stocks (years)
16 0
16.4
11 5
11 4
11 4
11 3
11.1
11 2
11 6
12 1
12 5
12 8
15 7
15 5
15.5
15.6
15.5
15.6
15 9
16 5
17 0
17 5
14 7
14 6
14 5
14.5
14.4
14.5
14 8
15 3
15 9
16 3
10 8
10 7
10 7
10 6
10 4
10 6
10 9
11 4
11 8
12 2
15 7
15 6
15 6
15 6
15 5
15 6
15 9
16 4
17 0
17 5
10 4
10 2
10 1
10 1
99
10 0
10 3
10 9
11 4
11 9
79
78
77
76
74
75
79
85
89
93
11 2
11 0
10 9
10 8
10 7
10 7
11 0
11 6
12 2
12 6
10 4
10 2
10 1
10 0
98
99
10 2
10 8
11 4
11 8
74
73
73
71
69
71
75
81
86
89
11 3
11 0
10 9
10 9
10 7
10 7
11 0
11 5
12 1
12 6
97
95
94
93
9.2
93
97
10 3
10 9
11 3
74
7.2
7.1
7.0
6.8
7.0
74
81
85
89
10.5
10.2
10.1
10.1
9.9
10.0
10 3
10.9
11.5
12.0
9.7
9.5
9.4
9.3
9.1
9.2
96
10.2
10.8
11.2
6.9
6.8
6.7
6.6
6.4
6.6
7.0
7.7
8.2
8.5
10.6
10.3
10.2
10.1
9.9
9.9
10.3
10.9
11.5
12.0
1935
1936
1937
1938_.
1939
1940
1941
1942
1943
1944
16.7
16 9
16 9
17.1
17 2
17 2
17 0
17 2
17 6
17 7
13 1
13 2
13 2
13 4
13 5
13 4
13 1
13 2
13 4
13 5
17 8
18 0
18 1
18 3
18 5
18 5
18 4
18 7
19 0
19 3
16 6
16 7
16 7
16 9
17 0
17 0
16 8
17 0
17 3
17 4
12 5
12 6
12 6
12 8
12 9
12 8
12 5
12 7
12 9
13 0
17 8
18 0
18 0
18 2
18 4
18 3
18 2
18 5
18 9
19 1
12 1
12 1
12 0
12 1
12 2
12 0
11 6
11 8
12 2
12 2
96
95
93
95
95
92
87
88
9o
91
12 9
13 0
12 9
13 1
13 1
13 0
12 7
13 0
13 4
13 5
12 0
12 0
11 8
12 0
12 0
11 8
11 4
11 6
11 9
12 0
92
92
9o
91
91
88
83
85
87
87
12 9
12 9
12 8
12 9
13 0
12 8
12 5
12 8
13 2
13 3
11 6
11 6
11 3
11 5
11 5
11 3
10 9
11 2
11 5
11 6
9.1
9o
87
89
89
86
80
82
84
85
12.3
12 4
12.2
12 4
12 5
12 3
12 0
12 4
12 8
12 8
11.5
11.4
11.2
11.3
11.3
11 1
10 7
10 9
11 3
11 3
8.8
8.7
8.4
8.6
8.5
8.2
7.7
7.8
8.1
8.2
12.3
12.3
12.1
12.3
12.3
12.1
11.8
12.2
12.6
12.7
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
17.5
16.8
15 9
15 1
14.6
14 2
13 8
13 4
13.1
12.9
13 2
12 1
11 2
10 7
10 5
10 4
10 2
10 0
99
99
19 2
18 6
17 8
17 1
16 6
16 0
15 5
15 2
14 8
14 5
17 3
16 5
15 6
14 8
14 3
13 8
13 4
13 1
12 8
12 g
12 7
11 6
10 8
10 2
10 1
10 0
9g
97
9g
96
19 0
18 4
17 5
16 8
16 3
15 7
15 2
14 9
14 5
14 2
11 8
10 9
10 0
93
90
87
84
83
81
80
86
75
68
65
65
67
66
66
66
66
13 2
12 5
11 5
10 8
10 4
99
95
93
90
88
11 6
10 7
97
91
87
84
82
81
79
78
83
72
66
63
63
65
64
64
64
65
13 0
12 2
11 3
10 6
10 2
97
93
91
88
87
11 1
10 1
92
85
83
80
7g
76
75
74
80
68
62
59
60
62
61
61
61
61
12.5
11.7
10 7
10 0
9.6
91
8.8
86
83
82
10.9
9.9
90
83
8.1
78
7.6
75
73
7.2
7.7
6.6
6.0
5.7
5.8
6.0
5.9
5.9
6.0
6.0
12.3
11.5
10.5
9.8
9.4
8.9
8.6
8.4
8.2
8.0
1955.
1956
1957
1958
1959
1960
1961
1962
1963
1964
12.7
12.4
12 2
12.1
12.0
11.9
11.8
11.7
11 6
11.4
99
98
97
98
10 0
10 1
10 2
10 3
10 4
10 4
14 1
13 7
13 4
13 2
13 0
12 7
12 5
12 3
12 1
11 8
12 4
12 1
11 9
11 8
11 7
11 6
11 5
11 4
11 3
11 1
97
96
95
96
98
99
10 1
10 2
10 3
10 2
13 8
13 4
13 1
12 9
12 6
12 4
12 2
11 9
11 7
11 4
79
77
76
76
76
75
76
75
75
74
67
66
65
66
68
70
71
72
72
71
85
83
81
81
79
78
78
77
76
75
77
75
74
74
74
74
74
73
73
72
66
65
64
66
68
69
70
71
71
70
83
81
79
78
77
76
75
74
73
72
73
71
70
70
70
70
70
70
7o
68
62
6.1
60
62
64
65
6.6
6.7
67
66
7.9
7.6
75
75
7.4
7.2
7.2
7.1
71
69
7.1
6.9
68
6.9
6.9
6.8
6.9
6.8
68
6.7
6.1
6.0
5.9
6.1
6.3
6.4
6.5
6.6
6.6
6.5
7.7
7.4
7.3
7.3
7.1
7.0
7.0
6.9
6.8
6.7
1965
1966
1967
1968
11.1
10.8
10.6
10 4
10 2
10 0
98
97
11 5
11 2
10 9
10 7
10 8
10 5
10 3
10 1
10 1
9g
96
95
11 1
10 8
10 5
10 3
72
70
69
68
68
65
63
62
73
71
7o
69
70
68
67
66
67
64
62
61
70
68
68
67
67
64
63
63
63
59
58
57
6.8
6.6
6.5
64
6.5
6.3
6.2
61
6.2
5.9
5.7
5.6
6.5
6.3
6.3
6.2
1925
1926
1927.
1928
1929
1930
1931
1932
1933
1934 . .
14.7
14.6
14.6
14.6
14.5
14.6
14 9
15 5
NOTE.—Capital stock estimates for "Farm" may be obtained by subtracting the sum of the "Manufacturing" and "Other nonfarm industries" columns from the ' 'All industries"
column.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CUEKENT BUSINESS
April 1970
31
Table 5.—-Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925—68
Privately Owned, With Purchases of Used Assets at Original Costs
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Constant cost 1
Industry
Year
Constant cost 2
Selected types of structures
Com- InstiOther
merAll
tuindusManu- noncial
tional Social
farm Indus- and
tries * Farm facexcl.
and
turing indus- trial miscel- social recreatries
laneand
tional
ous recreational
Railroad,
local
transit,
and
pipeline
Industry
Telephone
and
telegraph
Other
public
utilities
Other
All
indus- Manu- nonfacfarm
tries *
turing industries
Selected types of structures
Com- Instimertucial
tional Social
excl.
and
Indus- and
trial miscel- social recreaand
tional
laneous recreational
Railroad,
local
transit,
and
pipeline
Telephone
and
telegraph
Other
public
utilities
Gross stocks (billions of 1958 dollars)
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
267.7
275 2
282.9
290.1
297 9
303.4
304.5
302 1
298.5
295.1
19.8
19 6
19.6
19.5
19 4
19.1
18.7
18 2
17.8
17.4
58.9
60 5
62.0
63.9
66 5
67.4
66.7
65 1
64 2
63.3
189.0
195 1
201.3
206.7
212 0
217.0
219.1
218 8
216 5
214.4
38.1
39 2
40 2
41.6
43 4
44 1
43.8
42 9
42 4
41.8
51.9
54 5
57.1
59.6
62 1
63 8
64.4
64 1
63 6
63.1
11.5
12 6
13 8
14 9
15 9
17 1
18 0
18 5
18 5
18 6
7.9
86
92
97
10 1
10 4
10 7
10 7
10 7
10 6
87 7
87 7
87 8
87 7
87 9
87 9
87 4
86 4
84 9
83 6
39
42
44
47
52
58
60
61
60
59
23 3
24 9
26 6
28 0
29 3
30 7
31 4
31 5
31 3
31 2
232 4
239 2
246 1
252 9
260 5
266 2
267 6
265 8
262 8
260 2
45 6
47 3
48 9
51 0
53 7
54 8
54 5
53 4
52 9
52 4
167 0
172 3
177 6
182 4
187 4
192 3
194 4
194 2
192 1
190 4
32 7
33 g
34 8
36 1
37 9
38 6
38 4
37 6
37 2
36 8
41.5
44 0
46 5
49.0
51 7
53 8
54 6
54 7
54 3
54 0
9.3
10 3
11 3
12 2
13 2
14 3
15 1
15 5
15 6
15 6
6.4
69
75
8.0
83
86
8.9
90
89
89
87.0
87 0
87 1
87.0
87 1
87 1
86 6
85 6
84 1
82 8
3.9
42
4.4
4.7
52
58
6.0
61
60
5.9
15. (
16 ]
17 '
18.
19 (
20
20.
20
20
20
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944. .
291.7
289.4
288 8
286.4
284.4
282 9
282.4
278.3
272.5
267.3
17.0
16.8
16 5
16.3
16.0
15 7
15.5
15.2
15 0
14.8
62.1
61.3
61 3
60.2
59.3
59 0
59.6
58.3
56 3
54.4
212.6
211.3
211 0
210.0
209.0
208 2
207.3
204.8
201 2
198.0
41 1
40.6
40 8
40 1
39 5
39 3
39 9
39.2
37 9
36 7
62 7
62.5
62 5
62 1
61.7
61 4
61 2
60.1
58 6
57 1
18 7
19 0
19 2
19 5
19 8
20 1
20 5
20 5
20 4
20 3
10 6
10 6
10 6
10 7
10 8
10 8
10 8
10 6
10 4
10 1
82 1
80 8
79 7
78 1
76 7
75 3
73 9
72 3
70 8
69 4
59
59
59
59
59
60
61
61
59
58
31 0
31 0
31 2
31 5
31 8
32 2
32 5
32 5
32 1
31 9
257 4
255 7
255 g
254 3
253 0
252 4
252 6
249 3
244 4
240 0
51 6
51 3
51 6
51 1
50 6
50 7
51 7
50 8
49 3
47 9
188 8
187 7
187 6
187 0
186 4
185 9
185 4
183 2
180 1
177 4
36 2
35 9
36 2
35 7
35 2
35 2
36 1
35 5
34 4
33 4
53 8
53 7
53 8
53 7
53 5
53 4
53 4
52 5
51 4
50 2
15 7
15 9
16 1
16 4
16 6
16 9
17 2
17 3
17 2
17 1
88
8.8
89
90
9.1
91
91
9.0
87
86
81 4
80.1
78 9
77 4
76 0
74 6
73 1
71 6
70 0
68 5
59
5.9
59
59
5.9
60
61
61
59
5.8
20
20.
21
21
22.
22
23
23.
23
22
264.0
1945
268.4
1946
1947
272 5
277.0
1948
1949 280.5
1950
284.7
1951
289.3
1952 . . 293.4
1953
298.7
1954
304.6
14.5
15.1
15 6
16.1
16.5
16.9
17 2
17.6
17.9
18.3
54 0
58.2
61 5
64 0
65.0
65.6
66 5
67.0
67.6
68 4
195 4
195.0
195 4
197 0
199 1
202.2
205 6
208 8
213.2
218 0
36 8
40 4
43 5
45 6
46 4
47 1
48 1
49 2
50 1
51 1
56 0
57 0
56 8
57 1
57 0
57 2
57 5
57 3
57.8
58 8
20 4
20 8
21 2
21 9
22 8
24 0
25 2
26 3
27 5
28 9
99
98
97
97
97
97
95
93
91
90
67 9
66 2
65 1
63 6
62 2
60 8
59 3
58 1
56 9
55 5
56
58
61
66
70
72
74
77
81
85
31 8
32 2
33 3
34 7
36 7
38 7
40 7
42 5
44 7
46 5
237 4
241 9
246 0
251 0
255 1
259 7
264 8
269 2
274 9
281 2
47 7
52 1
55 5
58 3
59 7
60 5
61 7
62 5
63 3
64 2
175 1
174 7
174 9
176 6
178 9
182 3
185 8
189 1
193 6
198 7
33 6
37 3
40 3
42 6
43 6
44 4
45 6
46 8
47 8
48 8
49 3
50 1
50 2
50 9
51 2
51 6
52 1
52 0
52 7
53 9
17 2
17 5
18 0
18 7
19 7
20 9
22 1
23 2
24 3
25 7
84
83
82
82
83
84
83
81
80
78
67 0
65 4
64 1
62 6
61 2
59 8
58 3
57 0
55 8
54 4
56
5.8
61
66
70
7.2
74
77
8.1
85
22
23
24
25
26
28.
31
32
34.
36
1955
1956
1957
1958
1959
1960 .
1961
1962
1963
1964
312 4
321.6
330.5
337.9
345.0
353.3
362.1
371.4
380.4
389.7
18 5
18 9
19.2
19.5
19 7
20.0
20.2
20 5
20.7
21.0
70 0
71 5
73 1
74.2
74 6
75 3
76.6
77 6
78 8
79.4
223 8
231 2
238 3
244.2
250 7
258 0
265.3
273 3
280 9
289.2
53 3
55 2
57 2
58 2
58 9
60 3
62 2
64 1
65 9
67 4
60 5
62 9
64 8
66 7
68 8
71 i
73 8
76 7
79 5
82 8
30 2
31 7
33 4
35 1
36 6
38 3
40 1
42 0
43 9
46 0
89
89
89
89
91
95
97
10 1
10 4
10 7
54 1
52 7
51 4
49 8
48 3
46 9
45 4
44 0
42 8
41 5
91
99
10 7
11 4
12 0
12 8
13 4
14 0
14 7
15 6
48 1
50 1
52 2
54 4
56 3
58 2
60 0
61 7
63 3
65 2
289 6
299 2
308 9
317 2
325 6
335 3
345 8
356 6
367 3
378 4
66 0
67 6
69 4
70 8
71 5
72 4
73 9
75 1
76 6
77 4
205 0
212 8
220 3
226 9
234 4
242 9
251 6
261 0
270 0
279 9
51 0
53 0
55 1
56 1
57 0
58 6
60 7
62 7
64 6
66 3
55 7
58 2
60 2
62 3
64 8
67 5
70 8
74 4
77 9
81 9
27 2
28*7
30 3
32 0
33 7
35 6
37 7
39 8
42 0
44 5
77
77
77
79
81
85
89
94
98
10 1
53 0
51 7
50 3
48 9
47 3
46 0
44 5
43 2
42 1
40 8
91
99
10 7
11.4
12 0
12 8
13.4
14 0
14 7
15.6
38
40
43
45.
48
50
52.
54
56.
58.
1965
1966
1967
1968
402.1
416 1
428.7
441.1
21.3
21 5
21 8
22.1
80 7
82 8
85 0
86.6
300 1
311 7
321 9
332 4
70 1
74 1
77 4
79 9
87 0
91 1
95 2
100 0
48 3
50 6
52 7
54 8
11 1
11 5
11 9
12 2
40 2
39 1
38 0
36 9
16 5
17 4
18 2
19 0
67 6
70 5
73 3
76 3
392 9
409 3
424 0
438 6
79 0
81 5
83 8
85 7
292 6
306 3
318 4
330 9
69 3
73 5
77 0
79 7
87 0
92 o
97 0
102 6
47 1
49 9
52 4
54 9
10 6
11 2
11 7
12 1
39 6
38 5
37 5
36 5
16.5
17 4
18 2
19.0
61.
65
68
71.
6. 5
7. 2
42.8
42 2
4l!8
41.3
4l!l
40.8
40.1
38.9
37.4
36.1
2.2
24
2.6
29
3.3
3.7
3.8
3.7
3.5
3.3
9 4
10 1
10.8
11.4
11.9
12.6
12.8
12.6
12.1
11.7
Net stocks using straight line depreciation (billions of 1958 dollars)
6.6
6.5
6.3
6.1
22
24
2*. 6
29
33
3i 7
3.8
3.7
3.5
3.3
14.
c
1*. O
a5
43 1
42 6
42! 2
41 7
41 6
4li3
40.6
39.3
37.8
36.5
12.4
12.4
12.4
12.4
12.3
12.3
12.4
12.2
11.8
11.5
5.9
5.8
5.7
5.7
5.7
5.6
5.5
5.2
4.9
4.6
35.2
34.2
33.3
32.1
31.0
30.1
29.2
28.3
27.4
26.7
11.3
11.5
11.7
12.1
12.7
13.6
14.7
15.5
16.3
17.4
4.4
4.4
4.2
4.2
4.3
4.3
4.3
4.1
4.0
4.0
25.9
25.1
24.7
24.1
23.5
22.9
22.4
22.0
21.7
21.2
1925
1926
1927......
1928
1929_. ..
1930
1931
1932
1933
1934
144.6
149.3
154.1
158.4
163.4
166.0
164.3
159.5
153.7
148.4
9. 8
9.6
9.6
95
9.3
9.0
8.7
8.3
7.9
7.5
31.4
32! 4
33.4
34.7
36 7
36.9
35.7
33.7
32.4
31.2
103.4
107 2
111.' 2
114. 2
117! 3
120.1
199.9
117.5
113.4
109.7
20. 9
21 6
22! 2
23. 1
24 4
24! 6
23.9
22.5
21.7
20.8
29 7
31. 5
33.' 4
35. 2
36 8
37.' 7
37.5
36.5
35.3
34. 1
79
88
9! 7
10 6
ll| 4
12! 2
12.8
13.0
12.8
12.6
1935
1936
1937..
1938
1939
1940
1941
1942
1943
1944
143.6
140.3
138.6
135.6
133.0
131.2
130.7
126.9
121.5
117.2
7.3
7.1
7.0
6.8
6.7
6.5
6.4
6.3
6.2
6.1
29.7
28.9
28.8
27.7
26.9
26.7
27.5
26.4
24.7
23.3
106.5
104.2
102.9
101.1
99.5
98.0
96.9
94.2
90.6
87.7
19.8
19.2
19.2
18.5
17.8
17.7
18.4
17.8
16.7
15.8
33.2
32.4
31.9
31.1
30.3
29.7
29.2
27.9
26.3
24.8
23.3
27.5
30.6
32.7
33.6
33.9
34.7
35.3
35.8
36.3
table.
85.5
85.7
86.7
89.0
91.6
95.2
99.1
102.6
107.1
111.9
16.1
19.5
22.2
23.9
24.4
24.7
25.6
26.5
27.3
27.8
23.8
24.8
24.7
25.2
25.3
25.7
26.3
26.4
27.3
28.5
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
114.9
120.0
124.7
129.7
133.7
138.1
143.2
147.7
153.1
158.7
See footnote at
6.0
6.7
7.4
8.0
8.5
9.0
9.4
9.8
10.2
10.5
end of
47
52
5,7
61
63
25 2
26 4
27! 4
28 9
31 0
3L4
30.4
28.8
27.8
26.8
90 8
94 1
97! 5
100 3
103 4
106.' 3
106.4
104.4
100.8
97.6
18 2
18 9
19! 5
20 4
2l! 7
2l! 9
21.2
20.0
19.3
18.5
24.3
26. 1
17 6
18 3
19.1
19.2
18.8
18.0
17.3
125 8
130 1
134'. 4
138 7
143. 7
146.' 7
145.5
141.5
136.4
131.9
29.9
31. 8
33.' 1
33.2
32.5
31.4
30.4
io!4
10.9
.11.1
10.9
10.7
3. 8
43
4! 7
5. 1
5! 3
5.5
5.6
5.6
5.4
5.2
3.1
3.0
2.9
2.8
2.8
2.8
2.8
2.9
2.7
2.5
16.7
16.4
16.2
16.1
16.1
16.2
16.3
16.0
15.5
15.1
127.8
124.9
123.9
121.5
119.6
118.4
118.3
115.0
110.3
106.3
25.6
25.0
25.1
24.2
23.7
23.7
24.6
23.8
22.3
21.1
94.8
92.8
91.8
90.5
89.2
88.2
87.3
84.9
81.8
79.1
17.7
17.2
17.3
16.7
16.1
16.1
17.0
16.4
15.5
14.7
29.5
28.9
28.5
27.8
27.2
26.6
26.2
25.1
23.6
22.3
10.6
10.5
10.5
10.5
10.5
10.5
10.6
10.4
10.1
9.8
5.0
4.9
4.9
4.9
4.9
4.8
4.7
4.5
4.2
4.0
34.8
33.8
32.9
31.7
30.7
29.7
28.9
27.9
27.0
26.2
3.1
3.0
2.9
2.8
2.8
2.8
2.8
2.9
2.7
2.5
11.3
11.2
11.2
11.4
11.6
12.0
12.2
12.1
11.7
11.5
2.5
2.7
3.1
3.7
4.0
4.2
4.4
4.7
4.9
5.2
15.0
15.3
16.3
17.7
19.5
21.4
23.3
24.8
26.7
28.1
104.3
109.2
113.5
118.6
122.9
127.4
132.6
137.1
142.5
148.1
21.1
25.2
28.3
30.6
31.7
32.1
33.0
33.7
34.3
34.8
77.1
77.2
77.8
80.1
82.7
86.4
90.2
93.5
98.0
102.8
15.0
18.4
21.0
22.8
23.4
23.8
24.8
25.7
26.5
27.0
21.4
22.1
22.2
22.9
23.3
23.8
24.4
24.5
25.3
26.7
9.6
9.7
10.0
10.5
11.3
12.2
13.2
14.0
14.8
16.0
3.7
3.7
3.6
3.7
3.8
3.8
3.8
3.7
3.6
3.5
25.4
24.6
24.1
23.6
23.0
22.4
21.8
21.4
21.1
20.6
2.5
2.7
3.1
3.7
4.0
4.2
4.4
4.7
4.9
5.2
11.4
11.6
12.3
13.3
14.8
16.6
18.4
19.9
21.7
23.2
15 7
ie!s
2s!o
s!o
8.8
96
SURVEY OF CURRENT BUSINESS
32
April 1970
Table 5.—Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925-68
Privately Owned, With Purchases of Used Assets at Original Costs—Continued
Constant cost 1
Selected types of structures
Industry
Year
Constant cost 2
Com- InstimertuOther
All
Manu- noncial
tional Social
indusfarm Indusand
and
excl.
tries i Farm facturing indus- trial miscel- social recreaand
tional
tries
laneous recreational
Railroad,
local
transit,
and
pipeline
Industry
Telephone
and
telegraph
Other
public
utilities
Other
All
indus- Manu- nontries i
farm
facturing industries
Selected types of structures
Commercial
Indusand
trial
miscellaneous
Institutional Social
excl.
and
social recreaand
tional
recreational
Railroad,
local
transit,
and
pipeline
Telephone
and
telegraph
Other
public
utilities
Net stocks using straight line depreciation (billions of 1958 dollars)—Continued
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
165.2
173.4
180.9
186.5
191.4
197.3
203.0
208.7
214. 1
220.1
10.8
11.1
11.3
11.6
11.7
11.9
12.0
12.1
12 2
12.4
37.1
38.2
39.5
40.0
39.8
39.9
40.0
40.0
40 1
40.2
117.2
124.0
130.1
134.9
139.9
145.5
150.9
156.6
161 7
167.6
29.1
30.6
32.1
32.3
32.3
33.0
33.7
34.4
34 9
35.8
30.4
33.0
35.0
37.0
39.0
41.2
43.7
46.2
48 5
51.1
18.4
19.6
20.8
22.1
23.3
24.6
25.9
27.3
28 8
30.3
4.0
4.1
4.1
4.3
4.6
4.9
5.2
5.6
5.9
6.1
20.5
20.0
19.4
18.7
18.0
17.4
16.7
16.1
15.6
15.1
5.6
6.2
6.7
7.1
7.4
7.8
8.0
8.3
8.6
9.0
29.4
30.8
32.4
34.0
35.2
36.2
37.2
37.9
38 6
39.4
154.9
163.3
171.3
177.5
183.4
190.4
197.4
204.5
211. 1
218.6
35.6
36.8
38.1
38.8
38.7
38.9
39.3
39.3
39.6
39.8
108.5
115.5
121.9
127.2
132.9
139.6
146.2
153.0
159 3
166.4
28.2
29.7
31.2
31.5
31.6
32.4
33.3
34.0
34.7
35.7
28.6
31.1
33.2
35.2
37.5
40.1
43.0
46.1
49.0
52.1
17.0
18.2
19.5
20.8
22.1
23.6
25.2
26.8
28.5
30.3
3.5
3.6
3.7
3.9
4.2
4.6
5.0
5.4
5.8
6.1
20.0
19 5
18 9
18.3
17.6
17 0
16.4
15.9
15 4
15.0
86
9.0
24.
26
28
29.
31.
32
34.
35.
36
37.
1965
1966
1967
1968
229.0
239.2
247.5
255.6
12.4
12 5
12.5
12.6
41.0
42 5
43.8
44.9
175.6
184 3
191.2
198.2
37.8
40 9
43.2
44.7
54.5
57.8
60.8
64.3
32.0
33.7
35.2
36.6
6.5
6.8
7.1
7.3
14.7
14.3
14.0
13.7
9.6
10.1
10.5
10.9
40.6
42.3
43.8
45.5
229.2
241.2
251.1
260.9
40.8
42.5
44.0
45.2
176.0
186.2
194.6
203.1
37.9
41.2
43.6
45.3
56.3
60.3
63.9
68.2
32.4
34.5
36.3
38.0
6.5
6.9
7.3
7.6
14.5
14.2
13.9
13.6
9.6
10.1
10.5
10.9
38.
40.
42.
44.
5.6
62
67
7.1
7.4
78
8.0
0 0
Net stocks using double declining balance depreciation (billions of 1958 dollars)
1925
116.5
1926
120.9
125.2
1927 -.
1928
129.0
1929
133.4
1930
135 4
1931
133.1
1932 . . 128.0
1933
122.1
1934
117.0
7.8
7.7
7.6
7.5
7.4
71
6.8
6.4
6.1
5.8
25.1
26. 1
27.0
28.2
30.1
30 1
28 7
26.7
25.5
24.3
83.5
87.1
90.6
93.3
95.9
98 2
97 6
94.9
90.6
86.9
16.8
17.4
18.0
18.7
20.0
20 1
19 2
17 8
17.0
16.2
24.3
26.0
27.7
29.3
30.7
31 3
30 9
29 7
28 4
27.2
6.8
7.6
8.4
9.2
9.9
10 7
11. 1
11.2
10.9
10.6
3.9
4.4
4.8
5.2
5.3
54
5.5
5.4
5.1
4.9
33.7
33.3
33.0
32.7
32.7
32 5
32 0
30.9
29.5
28.4
1.8
2.0
2.2
2.4
2.8
31
31
30
28
2.6
12.2
13.2
14.1
14.7
15.2
15 9
15 8
15 3
14.4
13.7
101.3
105.3
109.2
113.0
117.5
119 9
118.1
113.8
108.6
104.1
20.3
21.4
22.3
23.6
25.5
25 7
24.6
22.9
21.9
20.9
73.2
76.3
79.3
81.9
84.5
87.0
86.7
84.4
80.7
77.4
14.7
15.3
15.8
16.6
17.8
17.9
17. 1
15.9
15.1
14.4
20.0
21.7
23.4
25.0
26.7
27 8
27.6
26.6
25.4
24.3
5.6
6.3
7.0
7.7
8.4
91
9.5
9.6
9.3
9.0
3.2
3.6
4.0
4.3
4.5
4.6
4.7
4.6
4.4
4.2
33.4
33.0
32.7
32.4
32.3
32.2
31.6
30.5
29.2
28.1
1.8
2.0
2.2
2.4
2.8
3.1
3.1
3.0
2.8
2.6
7.8
8.5
9.1
9.6
10.0
10.5
10.6
10.3
9.7
9.3
1935
1936
1937
1938 -.
1939 ..
1940
1941
1942
1943
1944 ...
112.5
109.7
108.5
106.0
103.9
102.6
102.7
99.3
94.5
90.9
5.6
5.5
5.4
5.3
5.2
5.1
5.0
4.9
4.9
4.8
23 0
22 3
22.4
21.4
20.8
20.8
21.7
20.8
19 3
18.1
83 9
81.9
80.8
79.2
77.9
76.8
75.9
73.6
70 4
68.0
15 3
14 8
15 0
14.3
13.8
13.8
14.6
14.0
13 1
12.3
26 2
25 5
25 1
24 3
23.6
23.1
22.8
21.6
20 2
18.9
10.3
10.2
10. 1
10.1
10.0
10.0
10.0
9.8
94
9.1
4.7
4.6
4.5
4.5
4.5
4.4
4.3
4.1
3.8
3.6
27 3
26.4
25.8
24.8
23.9
23.2
22.5
21.9
21 2
20.6
24
23
2.2
2.2
2.1
2.1
2.2
2.3
21
2.0
13 1
12 8
12.6
12.6
12.7
12.8
12.9
12.7
12 2
11.9
100 3
97.8
97. 1
95. 1
93.6
92.8
93.1
90.1
85 9
82.5
19.9
19.3
19.6
18.8
18.4
18.6
19.6
18.8
17.5
16.4
74.8
73.0
72.2
71.0
70.0
69.2
68.6
66.4
63.5
61.3
13.7
13.3
13.5
12.9
12.5
12.6
13.5
13.0
12.2
11.5
23 4
22.8
22.4
21.8
21.2
20.8
20.5
19.4
18. 1
17.0
8.8
8.6
8.6
8.6
8.5
8.5
8.5
8.3
8.0
7.7
4.0
3.9
3.8
3.8
3.9
3.8
3.7
3.5
3.2
3.0
27.0
26.1
25.5
24.5
23.7
22.9
22.3
21.5
20.8
20.2
2.4
2.3
2.2
2.2
2.1
2.1
2.2
2.3
2.1
2.0
8.9
8.8
8.8
9.0
9.3
9.6
9.8
9.7
9.3
9.1
1945
1946 ...
1947
1948
1949
1950
1951
1952
1953
1954
89.2
94.5
99.2
104.1
107 8
111.9
116 6
120.6
125 4
130.2
4.8
5.5
6.1
6.7
7.2
7.6
80
8.3
86
8.9
18 2
22.1
24.9
26.7
27 3
27 3
28 0
28 5
28 9
29 2
66 3
66.9
68.2
70.7
73 4
76 9
80 6
83.8
87 9
92 1
12 6
15 8
18 1
19.5
19 7
19 8
20 6
21 4
22 1
22 5
18 1
19 3
19 3
19.9
20 1
20 6
21 3
21 4
22 2
23 4
89
9.1
9.3
9.7
10 3
11 2
12 2
12 9
13 7
14 7
3.4
3.4
3.2
3.3
34
34
34
3.3
o 2
32
20.0
19.4
19.2
18.8
18 3
17 9
17 4
17.2
17 0
16 6
19
21
2.5
3.1
34
35
36
3.8
41
43
11.8
12 1
13.2
14.5
16 3
18 0
19 7
21.0
22 6
23 7
81. 1
86.1
90.3
95.3
99 2
103 4
108 2
112.1
116 9
121 7
16.5
20.4
23.1
25.1
25 9
26 0
26 8
27.3
27 7
28.1
59.7
60.2
61.1
63.6
66 2
69 9
73 4
76.5
80 5
84 8
11.8
15.0
17.2
18.6
19 0
19 1
20 0
20.8
21 5
21.9
16 2
17.2
17.3
18.1
18 6
19 2
19 8
19.9
20 7
22 0
7.5
7.7
7.9
8.4
9.2
10.1
11.0
11.8
12 5
13.6
2.9
2.8
2.8
2.9
3.0
3.1
3.0
2.9
2.9
2.8
19.6
19.0
18.7
18.3
17.8
17.4
17.0
16.7
16.5
16.1
1.9
2.1
2.5
3.1
3.4
3.5
3.6
3.8
4.1
4.3
9.0
9.3
10.0
10.9
12.4
14.0
15.6
16.9
18.4
19.7
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
135.7
142.9
149.4
153.8
157.5
162.3
166.8
171 4
175.6
180.6
9.1
9.3
9.5
9.6
9.7
9.8
9.9
9.9
10.0
10.0
29 8
30 9
31.9
32 4
32.0
32 0
32 0
31 9
31.9
32.0
96 8
102 8
108.0
111 8
115.9
120 5
124 9
129 6
133.7
138.6
23 5
24 9
26 2
26 3
26 1
26 6
27 2
27 7
28.1
28.8
25 2
27 7
29 5
31 2
32 9
34 8
36 9
39 0
41.0
43.1
15 6
16 7
17.8
18 9
19 9
21 o
22 2
23 4
24.6
25.9
3
2
o o
3.3
35
3.8
41
44
47
4.9
5.1
16 0
15.6
15.2
14 6
14.0
13 5
12 9
12 5
12.1
11.8
46
51
5.6
58
6.0
63
65
67
6.9
7.3
24 6
25 8
27.1
28 3
29 2
29 9
30 5
31 0
31.4
32.0
127 6
135.0
141.8
146 8
151.4
157 2
163 0
168 7
174.0
180.3
28.7
29.7
30.9
31 4
31.2
31 3
31.5
31 4
31.6
31.8
89.8
96.0
101.5
105 8
110.6
116 1
121.6
127 4
132.5
138.4
22.9
24.2
25.5
25 7
25.6
26 2
26.9
27 5
28.0
28.8
23.9
26.2
28.0
29 8
31.8
34 0
36.6
39 2
41.6
44.2
14.6
15.6
16.7
17.9
19.0
20.3
21.7
23.1
24.5
26.1
2.8
2.9
3.0
3.2
3.4
3.9
4.2
4.6
4.9
5.1
15.6
15.2
14.8
14.3
13.7
13.3
12.7
12.3
12.0
11.6
4.6
5.1
5.6
5.8
6.0
6.3
6.5
6.7
6.9
7.3
20.7
22.1
23.6
25.1
26.3
27.4
28.3
28.9
29.5
30.4
1965
1966
1967
1968
188.3
197.2
204.2
210.8
10.0
10.1
10.1
10.1
32.8
34.2
35.5
36.4
145.5
152.9
158.6
164.3
30.7
33.6
35.6
36.9
46.1
48.8
51.3
54.2
27.4
28.8
30.0
31.1
5.4
5.7
5.9
6.0
11.4
11.1
10.9
10.7
7.7
8.2
8.5
8.8
33.0
34.5
35.8
37.1
189.5
199.9
208.3
216.3
32.7
34.3
35.7
36.7
146.7
155.5
162.4
169.5
30.9
33.9
36.1
37.4
47.9
51.2
54.2
57.8
27.9
29.7
31.2
32.6
5.5
5.9
6.2
6.4
11.3
11.0
10.8
10.6
7.7
8.2
8.5
8.8
31.6
33.3
34.9
36.4
Mean age of gross stocks (years)
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
17.5
17.4
17.3
17.3
17.2
17.2
17.5
17.9
18.4
18.9
1935
19.3
1936
19.6
1937
19.8
1938
20.1
1939
20.4
See footnote at
20.3
20.5
20.6
20.7
20.9
21.2
21.6
22.1
22.6
23.0
13.2
13.1
13.0
12.9
12.7
12.8
13.2
13.7
14.0
14.4
23.2
14.8
23.4
15.1
23.6
15.1
23.8
15.5
23.9
15.7
end of table.
18.6
18.4
18.3
18.3
18.2
18.2
18.5
18.9
19.4
19.9
12.6
12.6
12.6
12.5
12.3
12.4
12.8
13.4
13.8
14.2
15.5
15.2
15.0
14.9
14.8
14.9
15.2
15.7
16.2
16.7
14.8
14.3
13.9
13.6
13.4
13.3
13.4
13.9
14.5
15.3
13.8
13.2
12.8
12.6
12.6
12.8
12.9
13.3
13.8
14.4
24.4
24.7
25.0
25.3
25.5
25.8
26,1
26.6
27.2
27.7
9.0
8.6
8.4
8.1
7.6
7.3
7.5
7.8
8.3
8.8
11.0
11.0
11.0
11.1
11.2
11.3
11.7
12.2
12.8
13.4
17.9
17.8
17.7
17.6
17.4
11.4
17.7
18.1
18.6
19.1
12.6
12.4
12.4
12.2
11.9
12.0
12.4
13.0
13.4
13.8
19.1
18.9
18.8
18.7
18.6
18.6
18.8
19.1
19.7
20.2
12.4
12.3
12.3
12.2
12.0
12. T
12.6
13.1
13.5
14.0
15.0
14.6
14.4
14.1
13.9
13.9
14.2
14.7
15.2
15.8
14.4
13.9
13.4
13.1
12.9
12.7
12.8
13.3
14.0
14.7
13.4
12.8
12.4
12.1
12.1
12.2
12.4
12.8
13.4
13.9
24.5
24.8
25.1
25.5
25.7
25.9
26.3
26.8
27.3
27.9
9.0
8.6
8.4
8.1
7.6
7.3
7.5
7.8
8.3
8.8
11.
11.
10.
11.
11.
11.
11.
11.
12.
13.
20.3
20.7
20.9
21.2
21.4
14.6
14.9
15.0
15.4
15.7
17.2
17.6
17.9
18.2
18.6
15.9
16.4
16.9
17.4
17.8
14.9
15.3
15.7
15.9
16.2
28.2
28.6
29.0
29.4
29.8
9.3
9.8
10.1
10.4
10.7
13.9
14.3
14.7
14.9
15.1
19.5
19.8
20.0
20.2
20.4
14.2
14.5
14.5
14.9
15.1
20.6
20.9
21.1
21.4
21.6
14.4
14.7
14.8
15.1
15.4
16.3
16.7
17.0
17.4
17.8
15.4
16.0
16.5
16.9
17.4
14.5
15.0
15.3
15.6
15.8
28.3
28.8
29.1
29.6
30.0
9.3
9.8
10.1
10.4
10.7
13.
14.
14.
14.,
14. ^
SURVEY OF CURRENT BUSINESS
April 1970
33
Table 5.—Constant Dollar Gross and Net Stocks and Mean Age of Structures, by Broad Industry Group and Type of Structures, 1925-68
Privately Owned, With Purchases of Used Assets at Original Costs—Continued
Constant cost 1
Industry
Selected types of structures
Industry
Year
Constant cost 2
Com- InstimerOther
tuAll
tional Social
cial
indusManu- nonexcl.
farm Indus- and
and
tries i Farm facturing indus- trial miscel- social recreaand
tional
tries
laneous recreational
Railroad,
local
transit,
and
pipeline
TeleAll
phone Other indusand
public tries i
utilteleities
graph
Selected types of structures
ComOther
merManu- noncial
facfarm Indus- and
turing indus- trial misceltries
laneous
Institutional Social
excl.
and
social recreaand
tional
recreational
Railroad,
local
transit,
and
pipeline
Telephone Other
and
public
teleutilgraph
ities
Mean age of gross stocks (years)—Continued
1940
1941
1942
1943
1944
20,5
20.6
20.9
21.3
21.6
24.1
24.2
24.3
24.3
24.3
15.7
15.5
15.8
16.2
16.6
21.6
21.8
22.1
22.5
22.8
15.7
15.5
15.7
16.2
16.5
18.9
19.1
19.6
20.2
20.8
18.2
18.6
19.2
19.9
20.6
16.6
16.9
17.5
18.2
18.9
30.2
30.5
30.8
31.1
31.4
10.9
10.9
11.0
11.4
11.7
15.2
15.3
15.6
16.0
16.3
20.6
20.6
20.9
21.3
21.7
15.2
14.9
15.2
15.7
16.1
21.8
21.9
22.2
22.6
23.0
15.5
15.2
15.4
15.8
16.2
18.1
18.4
18.9
19.5
20.2
17.8
18.2
18.8
19.6
20.3
16.2
16.6
17.2
17.9
18.6
30.4
30.7
31.0
31.3
31.6
10.9
10 9
11.0
11.4
11 7
14.4
14.4
14.6
15.1
15 4
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
21.8
21.4
21.0
20.5
20.2
19.9
19.4
19.1
18.7
18.3
24.3
23.0
21.9
21.0
20.2
19.6
19.0
18.4
18.0
17.6
16.6
15.4
14.6
14.2
14.1
14.0
13.8
13.7
13.6
13.5
23.1
23.0
22.9
22.6
22.2
21.8
21.3
20.9
20.3
19.8
16.4
15.1
14.2
13.8
13.7
13.7
13.5
13.3
13.1
13.0
21.2
20.9
21.0
20.8
20.8
20.6
20.3
20.3
19.9
19.5
21.2
21.3
21.4
21.3
21.0
20.6
20.1
19.8
19.5
19.1
19.5
19.8
20.2
20.3
20.2
20.2
20.5
20.8
21.0
21.0
31.7
31.9
31.9
32.1
32.2
32.4
32.5
32.4
32.4
32.5
11.9
11.4
10.6
9.5
9.0
8.7
8.4
8.1
7.9
7.8
16.4
16.4
16.0
15.4
14.7
14.1
13.5
13.2
12.7
12.4
21.9
21.4
21.0
20.5
20.2
19.8
19.3
19.0
18.5
18.1
16.1
14.9
14.2
13.7
13.6
13.6
13.4
13.3
13.2
13.2
23.2
23.2
23.1
22.7
22.4
21.9
21.3
20.9
20.3
19.8
16.1
14.7
13.9
13.4
13.3
13.3
13.1
12.9
12.8
12.7
20.6
20.4
20.4
20.2
20.1
19.9
19.7
19.6
19.3
18.9
20.8
21.0
21.1
20.8
20.4
19.8
19.3
18.9
18.7
18.2
19.3
19.5
19.9
19.9
19.7
19.6
19.9
20.2
20.4
20.7
31.9
32.2
32.3
32.4
32.6
32.7
32.9
32.9
32.8
32.9
11.9
11.4
10.6
9.5
9.0
8.7
84
8.1
7.9
78
15.6
15 5
15.2
14.7
14.0
13.3
12 7
12.3
11.8
11 5
17.9
17.4
16.9
16.6
16.4
16.1
15.9
15.7
15.6
15.4
17.3
17.0
16.8
16.6
16.5
16.4
16.4
16.3
16.4
16.4
13.5
13.3
13.1
13.1
13.2
13.3
13.5
13.7
13.9
14.0
19.3
18.6
18.1
17.7
17.3
16.9
16.6
16.2
16.0
15.7
12.9
12.7
12.5
12.5
12.7
12.7
12.9
13.0
13.2
13.2
18.8
18.0
17.4
16.9
16.4
15.9
15.4
15.0
14.6
14.3
18.8
18.5
18.1
17.8
17.6
17.4
17.2
16.9
16.8
16.6
21.0
20.9
20.7
20.3
19.6
18.8
18.2
17.5
17.0
16.7
32.6
32.7
32.8
32.9
33.0
33.2
33.3
33 5
33.5
33.5
7.7
7.5
7.4
7.5
7.7
7.8
8.0
8.1
8.3
8.4
12.3
12.1
11.8
11.7
11.6
11.6
11.6
11 7
11.9
12.0
17.7
17.1
16.7
16.4
16.1
15.8
15.5
15 3
15.1
14.9
13.1
13.0
12.8
12.8
13.0
13.0
13.2
13 4
13.6
13.7
19.2
18.5
17.9
17.4
17.0
16.5
16.1
15.7
15.4
15.1
12.6
12.4
12.2
12.3
12.5
12.5
12.7
12.8
13.0
13.0
18.2
17.4
16.8
16.3
15.8
15.2
14.7
14.2
13.8
13.5
17.9
17. 5
17.2
16.8
16.6
16.3
16.0
15 8
15.5
15.3
20.7
20.5
20.3
19.7
18 9
17.9
17.2
16 4
15.8
15.5
33.1
33.1
33.2
33.3
33 4
33.6
33.7
33 8
33.8
33.8
7.7
75
7.4
7.5
77
7.8
8.0
81
83
8.4
11.4
11 1
10. 9
10.7
10 7
10.7
10.7
10 8
11 0
11.1
15.1
14.9
14.7
14.6
16.5
16.6
16.7
16.9
14.0
13.9
13.8
13.8
15.3
15.0
14.8
14.6
13.0
12.7
12.6
12.5
13.9
13.5
13.3
13.1
16.3
16.2
16.1
16.1
16.2
15.8
15.5
15.4
33.6
33.5
33 4
33.3
8.4
8.4
8.5
8.6
12.0
12.0
12 1
12.1
14.6
14.3
14 1
14.0
13.7
13.6
13.5
13.5
14.7
14.3
14.1
13.9
12.8
12.5
12.3
12.3
13.0
12.7
12.4
12.2
15.1
14.9
14.8
14.8
14.9
14.5
14.1
14.0
33.8
33.7
33.6
33.5
8.4
8.4
85
8.6
11.2
11.2
11 2
11.3
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
.
.
1965
1966
1967
1968
1. The sum of the capital stock estimates for "Selected types of structures" plus "Farm" is less than the "All industries" total because, in addition to' the detail shown, "Petroleum
and natural gas well drilling and exploration" and "All other private" are included in the "All industries'" total. Farm is shown only once, as there is no constant cost 2 alternative.
Source: U.S. Department of Commerce, Office of Business Economics.
Table 6.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Industry
Year
Types of equipment
All
Other Furni- Fabriindus- Man- non- ture cated
tries i ufac- farm and metal
turing indus- fix- prodtries tures ucts
AgriMining
culEntural Con- and
gines
ma- struc- and
and Trac- chin- tion
oilturery
tors
ma- field
bines
(ex- chin- macept
ery chinery
tractors)
Office,
Gen- putMetal- Special eral
Servwork- indus- indusice
ing
try
industrial
mamama- count- try
chin- chin- chinmaery
ery
chines
ery
chinery
Elec- Trucks,
trical buses, Pasand senger Airmachin- truck cars craft
ery trailers
MiscellaneShips Railand road Instru- ous
boats equip- ments equipment
ment
Gross stocks (billions of 1958 dollars)
1925
1926
1927
1928—
1929
1930
1931
1932..
1933
1934
1935
1936
1937..
1938
1939
128 2
133.0
135.7
138.7
142.7
143 6
141 1
135.8
131 1
127 8
30 1
31 1
31 9
32.7
33.7
34 0
33 6
32 5
31 5
30 7
86 6
89 8
91 2
92 7
95.1
95 3
93 3
89 4
86 1
83 7
48
51
55
59
64
67
68
68
68
68
42
43
44
45
47
47
48
47
46
46
3g
3g
35
34
33
32
3i
30
28
26
18
20
22
25
27
28
29
29
28
27
63
65
67
69
72
75
74
72
70
67
16
17
18
19
21
21
21
19
17
15
126 5
128 1
130.6
129 2
128.6
30 4 82 6
30 6 83 6
31 0 85 0
30 6 83 8
30! 5 83.1
68
69
70
71
7.1
46
45
45
45
4.4
25
25
24
24
24
28
29
32
34
3R
66
66
67
67
14
13
13
12
R (\
1 9.
See footnotes at end of table.
9 R
2g
29
30
32
32
31
29
27
26
0 «
50
52
54
58
61
62
61
60
58
57
2g
27
57
58
60
9 R
9. R
R 9.
R O
16 3
16 6
16 8
17 0
17 2
17 1
16 8
16 2
15 7
15 2
14 R
14 6
14 5
Hi
13 7
10 3
10 7
11 1
11 5
12 0
12 3
12 3
12 0
11 7
11 4
U
A
11 6
11 8
7
n
11 7
16
17
17
18
19
19
19
18
17
16
30
31
32
32
33
32
32
30
29
28
59
62
65
69
73
76
78
17
75
74
44
49
52
56
65
70
72
69
68
71
76
86
87
89
90
84
73
57
48
46
01
1
2
3
4
4
4
4
7
7
9 Q
95
97
10 0
10 2
10 3
10 4
10 3
10 3
10 1
34 9
35 1
35 0
34 6
34 4
34 2
33 1
32 0
30 8
29 6
09
10
1i
1i
12
12
13
12
12
12
44
42
4.0
3.9
3.7
36
34
3.2
30
28
15
15
15
1 C
27
27
28
74
75
79
77
88
97
54
68
80
Q 0
g
g
g
g
28 4
27 5
27 0
25 9
10 Q
sn
R
96
96
93
92
90
12
12
13
13
1.4
27
26
25
24
2.3
1 R
o 7
9. 7
o o
89
in i
24 8
SUEVEY OF CUERENT BUSINESS
34
April 1970
Table 6.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs—Continued
Industry
Year
All
indus- Mantries i ufacturing
Types of equipment
Other Furni- Fabri- Ennonture cated gines
and metal and Tracfarm
tors
indus- fix- prod- turtures
ucts bines
tries
AgriMining
cultural Con- and
ma- struc- and
chin- tion
oilery
ma- field
(ex- chin- macept
ery chinery
tractors)
Office,
Gen- comput- Serv- Elec- Trucks,
Metal- Special eral
ing
work- indus- indus- and
ice trical buses, Pasing
try
maand senger Airtrial
ac- industry chin- truck
ma- countcars craft
ma- machin- chin- chinmatrailers
ery
ing chines
ery
ery
ery
chinery
MiscelShips Raillaneand road Instru- ous
boats equip- ments equipment
ment
Gross stocks (billions of 1958 dollars)-Continued
1940
130.5
1941
134.8
1942
132.8
1943
129.8
1944 _. . .129.1
31.0
31.9
31.9
31.8
32.2
84.0
86.5
84.5
81.7
80.1
7.2
7.4
7.3
7.2
7.2
4.4
4.5
4.5
4.6
4.7
2.4
2.3
2.3
2.2
2.3
3.8
4.2
4.3
4.2
4.5
6.6
6.7
6.8
6.7
6.9
1.3
1.4
1.4
1.4
1.4
2.7
3.0
3.1
3.2
3.3
6.7
7.6
8.4
9.2
9.7
13.5
13.2
12.8
12.2
12.0
11.7
11.7
11.4
11.2
11.5
1.6
1.7
1.7
1.7
1.7
2.8
2.8
2.8
2.9
3.0
8.7
9.2
9.4
9.5
10.2
11.9
13.2
13.1
12.9
13.1
8.5
9.4
8.0
6.3
4.2
0.6
.6
.5
.5
.5
8.7
8.6
8.5
8.4
8.0
24.0
23.5
22.9
22.0
21.2
.4
.4
.3
.3
.4
2.
2.
2.
2.
2.
1945.
1946
1947.
1948
1949
1950
1951
1952
1953
1954
134.1
147.1
167.6
186.2
199.2
214.0
228.3
240.6
252.7
262.9
34.1
38.5
45.0
50.4
53.9
57.5
62.4
67.1
71.5
75.8
82.6
90.6
102.9
113.6
120.5
129.1
136.1
141.9
147.6
151.9
7.2
7.6
8.2
8.7
9.1
9.6
10.3
10.9
11.5
12.2
4.9
5.3
5.9
6.4
6.7
7.1
7.7
8.3
9.0
9.8
2.6
2.6
2.8
3.1
3.4
3.8
4.2
4.6
5.0
5.7
4.8
5.0
5.3
5.9
6.6
7.3
8.0
8.6
9.0
9.3
7.3
7.6
8.3
9.3
10.2
11.2
12.1
13.0
13.8
14.5
1.9
2.9
3.6
4.4
4.7
5.1
5.6
6.2
6.7
6.8
3.8
4.0
4.2
4.5
4.6
4.7
5.0
5.2
5.4
5.4
10.5
12.0
14.0
15.4
15.9
17.0
18.4
19.7
21.3
22.9
12.2
12.9
14.5
15.8
16.7
17.8
19.1
20.0
21.1
22.0
12.4
13.4
14.9
16.1
16.7
17.2
17.9
18.4
19.1
19.8
1.9
2.2
2.7
3.3
3.7
4.2
4.7
5.2
5.7
6.0
3.3
3.7
4.5
5.7
6.5
7.2
7.8
8.4
9.2
9.7
11.1
12.3
14.2
15.9
17.4
19.2
21.3
23.8
26.6
29.2
14.4
17.0
19.2
21.4
22.7
24.6
26.4
27.3
27.7
27.9
2.9
3.8
6.1
8.5
11.0
13.2
13.8
13.2
12.9
12.8
.7
1.5
2.0
2.1
2.1
2.0
1.9
1.9
.8
.8
8.0
9.1
12.2
13.7
13.8
14.3
14.6
14.7
14.8
14.6
20.5
19.9
19.7
20.1
20.6
20.7
21.2
21.6
21.9
21.8
.6
.9
2.4
2.9
3.4
3.9
4.5
5.2
5.8
6.3
2.
2.
3.
3.
3.
4.
4.
4.
4.
5.
1955
1956
1957...
1958
1959
1960
1961
1962.
1963
1964
275.3
287.9
299.6
305.6
313.4
322.2
329.1
338.0
348.4
362.6
79.6
84.7
89.3
91.2
92.6
94.6
96.2
97.8
99.8
103.1
159.1
165.8
172.2
175.4
181.3
188.2
193.5
200.8
208.7
219.4
13.0
13.8
14.5
15.2
15.9
16.7
17 5
18.3
19.4
20.5
10.5
11.2
12.0
12.7
13.3
13.9
14.4
14.8
15.3
15.9
6.2
6.6
7.2
7.7
8.2
8.7
9.1
9.4
9.8
10.1
9.7
10.0
10.2
10 3
10.5
10.3
10.0
9.8
9.7
9.7
15.1
15.6
16.0
16.7
17.3
17.7
17.9
18.1
18.5
18.8
7.0
7.2
7.3
7.2
7.3
7.4
7.4
7.4
7.7
8.1
5.6
5.7
5.8
5.7
5.6
5.5
5.4
5.2
5.2
5.2
24.1
25.5
26.6
26.9
27.0
27.3
27.3
27.3
27.4
28.0
23.1
24.3
25.3
25.9
26.6
27.4
28.1
28.9
29.4
30.1
20.6
21.4
22.1
22.4
22.6
23.0
23.3
23.5
23.9
24.7
6.4
6.8
7.4
8.0
8.6
9.4
10.0
10.9
12.1
13.6
10.4
11.0
11.6
11.9
12.2
12.6
13.0
13.6
14.1
14.8
31.8
34.9
38.0
40.4
42.7
45.2
47.9
50.2
52.3
54.7
28.5
28.7
28.7
28.1
28.3
28.8
29.0
30.2
31.7
33.6
13.9
14.3
14.4
13.5
13.0
13.1
13.1
13.7
14.3
15.2
.5
.6
.8
.9
2.7
3.4
4.0
4.8
5.2
5.7
14.5
14.6
14.6
14.5
14.3
13.9
13.4
12.9
12.3
11.8
21.8
22.1
22.6
22.5
22.4
22.3
22.1
22.0
21.9
22.2
6.9
7.4
8.0
8.3
8.7
9.0
9.4
9.8
10.5
11.5
1965
1966
1967 _
1968
381.2
404.7
428.2
452.4
108.2
115.3
121.5
127.1
231 9
247.1
263.1
280.4
21 6
23.0
24.3
25.5
16 6
17 4
18.3
19.0
10 4
10 8
11.4
12.0
99
10 5
10.9
11.3
19 2
19.7
20.3
20.7
86
91
9.6
10.1
52
5.3
5.4
5.4
29 0
30.2
31.4
32.3
31 0
32.4
34.0
35.6
25.7
27.0
28.3
29.2
15 2
18.1
21.9
26.3
15.7
16.7
17.6
18.6
57 8
61.1
64.4
66.9
36.3
39.8
42.5
45.8
16 7
18.0
18.9
20.1
65
7.8
9.4
11.7
11.4
10.9
10.5
10.2
22.6
23.1
23.1
22.8
12.6
14.0
15.6
17.6
5.
5.
6.
6.
7.(
7.
7.
8.
8.<
9.'
g
10.'
11. 1
12.:
Net stocks using straight line depreciation (billions of 1958 dollars)
.2
.3
.3
.2
.2
.4
4
4.8
5.1
5.1
5.1
5.0
4.9
4.8
4.5
4.2
3.9
18.1
17.9
17.4
16.8
16.4
16.1
15.1
13.9
12.8
11.9
0.5
.6
.6
.6
.7
.7
.7
.6
.6
.6
2.(
l.<
l.i
l.i
1.1
1.
1.
1.
1.
1.
3
.3
.3
.2
2
.3
3
3
2
2
3.6
3.4
3.2
3.2
31
3.1
32
3.4
36
36
11.1
10.6
10.4
9.8
9.3
9.1
91
9.1
88
8.6
.6
.6
.6
.7
.7
.7
.7
.6
.6
.7
1.
1.
1.
1.
1.
1.
1.
1.
1.
1.
3
*9
12
1i
10
9
g
g
g
9
37
47
72
82
80
81
79
77
74
69
85
84
8.7
95
10 4
10.8
11.5
12.1
12 4
12 2
.9
1.2
1.6
2.0
2.3
2.6
2.9
3.2
3.6
3.7
1.
1.
1.
2.
2.
2.
2.
2.
2.
2.
77
75
72
64
63
66
65
68
74
80
g
10
13
14
20
24
27
31
31
33
65
63
62
60
58
56
54
52
50
49
12 1
12 3
12 6
12 2
11 9
11 6
11 1
10.9
10 5
10 6
3.9
4.2
4.4
45
4.6
4.9
5.1
5.3
5.8
6.6
3.
3.
3.
3.
3.
4.
4.
4.
4.
5.
90
96
9g
38
4*7
59
49
49
48
4.8
10 8
11 3
11 3
11.1
7.3
8.2
9.4
10.7
5.
6.
6.
6.
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
68.1
70.7
71.3
72.3
74.6
74.0
70 3
64.6
60.0
57 0
16.0
16.6
17.0
17.4
17.9
17.8
17.1
15.9
14.8
14 0
45.6
47.3
47.4
47.6
48.9
48.3
45 6
41.7
38.8
36 8
27
30
3.3
36
39
4.0
40
38
36
34
23
24
2.5
25
26
2.6
26
25
23
23
16
16
16
15
5
5
4
3
2
I
12
13
15
16
17
1.8
17
16
15
14
33
34
35
37
38
39
38
35
32
29
09
10
10
1i
1i
1i
10
8
7
5
14
15
5
6
7
.7
5
3
2
I
27
29
30
32
34
34
33
30
28
26
87
88
8.8
89
89
8.6
82
76
71
67
54
58
60
62
66
67
65
61
57
54
08
.9
.9
10
10
1.0
9
g
7
6
1.5
1.6
1.6
17
1.7
1.7
16
14
13
12
33
3.5
3.7
40
4.2
4.4
44
42
39
37
2.6
2.8
2.8
30
3.6
3.9
38
3.5
3.4
36
4.1
4.6
4.4
44
4.6
4.0
33
24
2.2
24
0.1
1935
1936
1937...
1938
1939
1940
1941
1942
1943
1944
56. 1
57.7
60.4
59.2
59 4
62.1
66 4
64.3
62 1
62.8
13 7
14.1
14.6
14.4
14 5
15.2
16 2
16 2
16 2
16 7
36 0
36.9
38.4
37.3
37 2
38 9
41 5
39 4
37 5
37 4
33
33
3.3
o
26
2g
30
30
31
37
45
52
58
61
64
64
64
62
61
61
60
59
56
56
53
55
57
56
57
57
58
56
55
59
5
7
.7
g
g
g
9
9
9
9
12
12
1.3
13
14
14
15
15
15
16
37
37
3.9
40
4i
45
50
51
51
57
42
5.1
5.9
60
65
70
77
69
61
5g
68 3
78 9
95.4
108 9
. .116 2
124 4
131.4
136.5
141 9
145 3
18 5
22 1
27 2
31 1
32 8
34 3
36 9
39 1
41 1
43 0
40 6
47 2
57 0
64 6
68 1
73 0
76 1
78 2
80 8
82 0
35
39
44
48
51
54
58
62
64
68
25
29
34
39
41
44
48
53
57
62
29
29
30
30
30
31
33
35
35
37
4i
43
49
58
65
72
7*7
82
85
87
1
3
.4
3
4
5
g
g
g
g
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
14
15
17
18
19
2i
23
23
21
23
24
24
27
33
38
43
47
50
52
51
5
5
6
33
34
37
36
35
35
22
21
2.1
20
20
20
20
20
2i
23
11
18
23
29
30
31
33
35
35
34
22
23
23
25
25
2* 5
26
27
28
27
67
77
90
96
95
9g
10 3
10 9
11 6
12 5
60
67
82
94
10 1
10 8
11 6
12 1
12 6
12 8
68
7g
88
95
97
9g
99
10 0
10 2
10 4
10
13
17
21
23
25
27
29
31
32
18
21
2g
38
42
45
47
4g
51
52
64
74
89
10 2
11 1
12 2
13 4
15 0
16 6
17 9
65
82
99
11 6
12 3
13 3
14 3
14 2
13 9
13 5
31
4.0
4.5
40
4o
46
52
35
23
15
11
22
3g
50
62
75
74
66
67
68
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
150 9
156 6
161 6
162 1
165 1
169 3
. .171 1
175 9
Igo o
. .191 5
44 3
47 0
49 3
49 3
49 0
49 5
49 6
50 2
51 1
53 3
86 0
89 3
92 3
92 7
96 1
100 2
102 2
106 4
111 0
118 0
73
78
82
85
89
93
97
10 1
10 8
11 4
66
69
73
77
78
80
80
81
82
86
c q
89
90
89
92
9' 3
93
93
92
94
34
36
36
28
29
30
27
27
25
24
9 ^
25
12 9
13 6
14 1
13 9
13 7
13 8
13 6
13 5
13 6
14* 1
13 2
13 7
14 0
14 1
14 2
14 5
14 7
15 0
15 2
15 6
10 8
11 2
11 6
11 7
11 7
11 9
12 0
12 1
12 4
13 0
34
36
4i
44
48
52
55
60
67
78
55
58
62
63
64
66
68
71
74
79
19 1
20 7
22 3
23 0
23 9
25 i
26 3
27 fi
28 6
30 1
13 9
14 1
149 0
I 4
13 7
14 2
14 4
15 4
16 7
18 1
204 5
221 4
236 7
251.8
57 3
62 7
67 0
70.fi
50
52
26
27
28
14 7
15 7
16 8
16 4
17 3
18 6
17 A.
1Q 8
85
92
98
in a
20 0
22 2
23 6
9 »
89
11 1
13 7
ifi 5
32 0
34 4
36 4
R K
13 8
14 8
15 5
ifi i
37 7
9.R 3
1965
1966
1967
1968..
126 2
136 4
146 4
157 n
See footnotes at end of table.
0 0
12 1
12 9
13 7
14- 9
91
97
10 2
in 7
o
1
1i
1i
12
12
11
11
12
16
15
17
2o
22
25
27
30
32
37
4Q
42
45
40
51
53
54
55
5C
57
53
52
5 1
52
49
47
4g
A
(•
A a
c o
K
60
64
56
60
ft Q
fi 9
I
Q' K
90
10 2
10 7
11 n
Q
Q
1
g
g
g
'7
q a
q o
38
37
37
q n
43
A A
98
in R
.1
.1
7.7
SURVEY OF CURRENT BUSINESS
April 1970
35
Table 6.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925-68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs—Continued
Industry
Types of equipment
AgriculMining
Other Furni- Fabri- Entural Con- and
All
ma- struc- and
indus- Man- non- ture cated gines
tries i ufac- farm and metal and Trac- chin- tion
oilturing indus- fix- prod- turery
tors
ma- field
tries tures ucts bines
(ex- chin- macept
ery chinery
tractors)
Year
Office,
Gen- comput- Serv- Elec- Trucks,
Metaleral
ing
work- Special indus- and
ice
trical buses, Pasing indus- trial
maand senger Airac- industry
try
chin- truck cars craft
ma- countmachin- ma- chin- ing
ery trailers
maery chin- ery
ma- chines
ery
chinery
MiscelShips Raillaneand road Instru- ous
boats equip- ments equipment
ment
Net stocks using double declining balance depreciation (billions of 1958 dollars)
1925
1926
19271928
1929
1930
1931
1932
1933
1934.
53.4
55.5
55.8
56.6
58.5
57.7
54.3
49.1
45.3
43.0
12.7
13.2
13.4
13.8
14 2
14.0
13.3
12.2
11.2
10.6
35.7
37.0
36.9
37.1
38 2
37 5
35.1
31.6
29 2
27.7
2.2
2.5
2.8
3.0
32
32
3.1
2.9
27
2.6
1.9
2.0
2.0
2.0
21
21
20
1.9
18
17
1.3
13
1.2
1.2
1 2
1 2
1i
1.0
9
8
1.0
1i
12
13
14
14
14
1.2
1i
10
2.6
27
28
29
31
31
30
27
24
22
0.7
8
8
8
9
9
8
6
5
4
1.1
12
12
12
14
13
1i
10
9
8
2.2
23
24
26
27
27
26
23
2i
2o
6.9
70
70
70
70
67
64
58
54
51
4.3
46
4*8
50
53
53
51
47
43
41
0.7
7
7
8
8
8
7
6
5
5
1935
1936
1937
1938
1939 . .
1940
1941
1942.
1943
1944
42.6
44.5
47.1
45.9
46.2
48.7
52.5
50.4
48.5
49.5
10.5
10.9
11.5
11.3
11.4
12.0
12 9
12.9
12.8
13 3
27 3
28.2
29.7
28.7
28 7
30.4
32 6
30 6
29.1
29 3
25
2.5
2.6
2.6
2.6
2.7
29
29
2.8
27
17
16
1.6
1.6
15
1.5
16
16
1.7
18
g
8
.9
.9
9
9
10
9
9
10
11
12
14
15
15
16
19
18
16
18
22
22
23
24
24
25
27
28
28
30
3
4
5
5
5
8
0
i
i
1
1
4
4
4
4
20
22
24
24
25
31
38
44
49
51
49
49
50
49
48
48
47
46
44
44
40
42
45
44
45
45
46
44
43
47
5
5
g
6
g
g
7
7
g
7
1945
1946
1947
54.6
63.4
77.2
32.4
37 8
45.7
2.8
31
3.6
2.0
24
2.9
1.3
13
1.4
3.4
35
4.0
4. 8
54
59
64
67
69
70
.9
15
1.9
2.3
23
24
25
2g
27
25
1.8
18
1.8
1. 9
19
19
20
21
21
21
5.5
62
7.3
4.8
54
el 8
5.5
62
7!l
.7
10
L4
75
76
81
86
93
10 0
83
89
95
98
10 1
10 2
77
77
78
78
80
8*2
18
19
2i
22
24
24
10 3
10 9
11 3
11 0
10 8
10 8
10 6
10 5
in 7
Hi
10 5
10 9
11 1
11 1
11 2
U
85
89
92
92
92
94
94
95
19 4
11 7
12 6
13 1
13 9
Q
g
g
Q
5
1
1
1
1
1
1
1
1
1
(\
14.9
18 0
22.4
C)f A
1949
1950 _
1951
1952
1953
1954
92 9
98.8
104.0
107.6
111.8
114.1
26 5
27.4
29.5
31 2
32 7
34.2
53 8
57 4
59.6
61 1
63 2
64.0
41
43
4.7
49
51
5.4
34
36
39
43
47
51
18
21
22
25
27
30
1.9
19
2.2
2. 6
31
35
38
4o
41
40
1955 _ .
1956
1957
1958
1959
1960
1961 _
1962
1963
1964
118.6
123.1
127 2
126.9
129.3
132 6
133.7
137.8
142 8
150 9
35.2
37.4
39 3
38 9
38.4
38 7
38 7
39.2
40 1
42 0
67 3
69.9
72 4
72 4
75.3
78 7
79 9
83 5
87 1
92 9
58
63
65
68
71
74
77
81
86
9i
53
56
59
62
63
64
64
64
65
68
33
35
37
4o
41
43
44
44
45
46
41
4 i
4o
39
4o
37
36
35
36
38
71
7i
7Q
72
74
73
73
73
74
75
26
28
28
27
29
29
28
28
30
33
22
23
23
21
21
20
19
18
19
1965
1966
1967
1968 __
161.9
176.0
188 2
199.7
45.6
50.4
53 8
56 4
99 5
107 9
115 8
124 0
97
10 4
11 0
11 4
73
78
83
87
47
48
52
56
40
45
47
49
78
82
86
89
36
39
20
21
22
22
1Q48
00
4 ft
43
oo
•10 c
14 0
K
11 6
11 9
1 9 ft
2.6
28
30
32
35
36
35
33
30
29
2.0
21
21
23
29
30
30
27
26
29
2.9
32
30
30
32
27
22
16
15
17
0.1
1
1
.2
2
2
2
.1
3
3
3.7
39
39
39
38
38
37
3.4
32
29
14.3
14 1
13 7
13.1
12 8
12 6
11 6
10.6
97
90
0.4
5
5
.5
5
5
.5
.5
5
4
1. 5
1 5
1.4
1.4
13
13
1.2
1.1
10
.9
o
o
o
I
I
2
I
I
12
28
28
31
31
33
37
4i
41
41
46
34
41
48
48
51
55
61
52
45
43
23
29
32
27
28
33
37
23
15
10
2
2
2
.2
2
2
2
2
1
1
27
26
24
2.5
24
25
26
2*8
30
29
83
80
8.0
7.5
71
7.0
72
72
69
69
4
5
.5
.5
5
.6
5
5
.5
5
.9
.9
.8
.8
.8
.8
9
9
.9
9
1.4
17
2.3
3. 1
33
36
36
37
39
41
5.2
61
7.4
8. 4
91
10 0
10 9
12 2
13 4
14 4
5.0
64
7.9
9. 2
96
10 4
11 1
10 8
10 5
10 2
.8
17
2.9
3.6
45
54
52
46
48
49
.2
7
.9
6.8
67
7.0
.7
10
1.4
.9
1i
1.4
8
7
g
g
g
7
3.0
38
5.7
6.4
62
61
60
58
56
52
86
89
96
10 0
10 2
99
19
21
2.3
26
28
2.9
18
1.9
2.0
21
2.1
2.2
43
45
48
48
50
51
53
55
15 3
16 5
17 8
18 3
18 9
20 0
20 9
22 0
R
99 8
94 ft
56
52
50
44
45
47
4g
49
54
fi 9
10 6
10 8
10 6
10 1
10 4
10 9
11 0
11 9
13* 0
14 1
7
8
11 ^
I
16
19
21
25
24
25
49
48
47
47
46
44
42
41
39
39
97
98
10 1
97
93
91
87
84
1 ft °.
26
28
32
34
37
40
42
47
52
fi i
83
31
33
35
35
36
38
40
42
46
53
2.4
2.5
27
2.8
3.0
32
34
3.6
38
41
11 0
11 9
69
88
67
73
25 6
27 7
65
69
69
75
30
38
48
63
39
39
38
38
86
91
91
89
59
66
76
87
4.5
4.8
52
5.4
19
19
20
21
2' 1
2
2
2
2
2
12 1
12 0
12 3
12 6
13 0
13 3
13 6
14 3
15 0
12 7
13 0
13 4
13 7
14 0
14 2
14 7
15 3
15 9
16 3
6 2
6 3
6.4
66
6 5
6 6
6 8
7 1
7 4
7 7
57
57
5.7
5.7
5.6
5 6
5 6
5 7
5 9
59
16 8
17 0
17 0
17 3
17- 5
17 5
7 8
7*7
7 4
7 4
7 2
7 i
71
7 4
7 3
7 2
5
5
5
5
5
5
4
4
4
4
6 2
53
4 5
4 1
4 1
4 1
4 2
4 3
4 4
4 4
41
4 0
38
39
39
40
4 2
4 3
Q ft
.2
2
3
3
3
3
2
1
o
9
9
Q
ie i
194
1ft 8
16 1
12 9
13 1
80
30 1
15 6
17 4
18 3
19 6
C
6 n
5 Q
58
8 1
3
0
0
O
A
58
6 1
7 7
7 7
7
a
on 9
K Q
0 0
Mean age of gross stocks (years)
1925-
1927 .
1928
1929
1930
1931
1932
1933
1934
8.9
8.8
8.9
8.9
8.9
9. 1
9.4
9 9
10 4
10 7
81
81
81
81
8.1
8 2
8 5
8 9
9 3
9 5
9 3
9 3
9 4
9 5
9 4
9 g
10 0
10 6
11 1
11 4
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
10 8
10 6
10 3
10 4
10 3
10.0
9 g
9 6
9 7
9 5
9
9
9
9
9
9
8
8
8
8
6
5
3
3
2
0
6
6
5
3
11 5
11 4
11 1
11 1
11 1
1945
1946
1947
1948
1949
1950
1951
9 1
8 4
7 6
7 0
68
6 6
6 6
6 6
6 6
6.7
7 9
7 2
6 5
6 2
6 2
6 3
6 3
6 4
65
fi fi
Q Q
8
7
8
7
7
7
6
6
6
7 3
71
6 9
6 Q
1926..
1952..
1953
1954
_
io 7
10
10
10
10
3
4
5
4
9 1
1
5
2
n
9
8
8
fi Q
See footnotes at end of table.
7
6
6
6
6
6
6
7
7
2
8
5
3
2
3
6
1
5
7 g
8
8
8
8
8
8
8
2
4
5
7
8
7
e
8 4
8 5
8 5
6
97
96
9 6
g 7
9 g
9 7
9 9
10 2
10 5
10 8
10 9
10 9
11 0
11 0
10 9
10 9
11 1
11 4
11 7
no
11 1
11 2
11 3
1 9 ft
n
n
c
(\
11 6
U r
U 4
n
U
Q
4
4
5
5
5
6
9
0
3
6
6 1
6 6
7 °»
-j
8
8
8
Q
i ft ^
8
O.
n
fi 7
fi 7
4
q
0
6
6
K
T O
8
84
7 1
7 n
6 9
fi R
8
8
9
0
Q
Q
C
Q
8
8
9
O
e
c o
4
4
0
4
9
4
1
e Q
fi Q
0
1
6
8.0
7
9
3
6. 3
6. 3
6.3
6. 5
a o
Q
7 Q
8
8
0
7
7. 5
7.0
6. 7
6. 7
3. 1
2. 9
4. 6
4. 8
4. 9
4. 9
3.3
3. 5
3.8
4. 1
5. 2
5. 2
5. 2
5. 3
6. 6
6. 4
6. 3
6. 5
7.0
7. 3
7. 5
7.7
7. 8
9. 9
9. 8
9. 8
9. 6
9. 2
8. 5
7. 6
7.0
6. 8
6.7
6. 6
6.7
6.8
7. 7
7.7
7. 7
7. 4
6. 8
6. 5
6. 1
6.0
6. 1
6.3
6. 5
6.7
6.8
36
o" 7
3g
3
4
4
7
n
4
0
4
0
4
0
2
9
9 4
0
2
7
1
3. 7
3.8
4. 0
4.0
3. 9
3. 4
3.0
2.9
2. 9
3. 1
3. 3
3. 5
3. 6
5. 5
5. 5
5. 5
5. 3
8. 3
8. 4
8. 4
7. 5
7. 1
6. 5
6. 2
6. 5
3.9
4. 2
4.4
4. 6
6. 1
6.0
5.9
5. 9
4.8
4. 6
4.7
4.8
A
f\
0
«
4 A
3 9
o >r
5 1
4 7
2.3
2. 9
3. 5
5. 1
4. 7
4. 1
3.7
7
7
9
5
6
3 1
4 7
4 n
0
7. 9
7. 8
4. 5
4. 6
4. 8
4. 9
3. 5
7
9
9
9
Q
8. 5
f\
7 9
5. 3
6. 2
f
5. 8
fi Q
f>
8 1
7
7
1 ft 4
8. 0
7. 8
7. 3
C
4 Q
8 1
8 n
5. 4
8
9 0
8 ^
7
7
5 0
4 Q
50
5 r\
7
f
in 7
fi
ift n
r\
41
4 1
4 1
4 0
9. 5
7
fi 7
r
4 ft
4
f>
0
0
9
9
4
4
4
4
29
6. 3
11 4
n
9
9
9
9
9
4. 9
3. 5
2. 5
2. 1
2. 2
2.4
2. 5
o a
1r
c
Ifi
°L
1 fi 7
i
n
179
17 c
17 4
17 ft
1 fi K.
I R Q
4 Q
3
3
4
9
0
0
/I "7
n 9o
n
171
1r A
16 9
148
Ifi 7
1 fi fi
1o i
1ft fi
9
Q
1ft ft
16 0
15*0
14 0
10 A
197
1ft fi
1ft Q
11 K
19 9
o
n
117
4 7
9
7
6
6
4
0
7
5
4
4
4.5
SURVEY OF CUEKENT BUSINESS
36
April 1970
Table 6.—Constant Dollar Gross and Net Stocks and Mean Age of Equipment, by Broad Industry Group and Type of Equipment, 1925—68
Privately Owned, With Purchases of Used Assets Less Exports of Used Equipment at Original Costs—Continued
Industry
Year
All
indus- Mantries i ufacturing
Types of equipment
Other Furni- Fabrinon- ture cated
farm and metal
indus- fix- prodtries tures ucts
Engines
and Tracturtors
bines
AgriculMining
tural Con- and
ma- struc- and
chin- tion
oilery
ma- field
(exchin- maery chincept
ery
tractors)
Office,
Gen- comMetal- Special eral putElec- Trucks,
ing Servwork- indus- indus- and
ice
trical buses, Pastry
ing
indusmaand senger Airtrial
actry chin- truck
mama- macars craft
chin- chin- chin- countery
matrailers
ing chines
ery
ery
ery
machinery
MiscelShips Raillaneand road Instru- ous
boats equip- ments equipment
ment
Mean age of gross stocks (years)—Continued
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
_..
1965
1966
1967
1968
5.7
5.8
6.0
62
6.2
6.5
6.6
6.7
6.6
6.5
7.0
7.3
7.6
78
8.0
8.2
8.5
8.6
8.7
8.8
4.6
4.5
4.5
45
4.4
4.3
4.4
4.4
4.3
4.1
5.4
5.3
5.2
54
5.4
5.4
5.5
55
5.5
5.4
8.1
8.3
8.4
87
8.8
8.9
9.0
9.1
9.0
8.9
7.1
7.2
7.4
76
7.8
7.9
8.1
8.2
8.2
8.2
7.0
7.0
7.0
71
7.2
7.2
7.2
7.2
7.1
7.0
3.8
3.8
3.6
36
3.6
3.6
3.6
3.6
3.6
3.5
4.9
4.9
4.9
4.9
5.0
4.9
4.9
4.9
4.9
4.8
6.1
6.2
6.2
64
6.6
6.6
6.7
6.7
6.7
6.7
4.9
4.9
4.9
50
5.0
4.9
4.8
4.7
4.5
4.4
2.6
2.8
3.0
33
3.4
3.3
3.3
3.3
3.1
3.0
4.1
2.4
22
2.2
2.5
2.7
2.9
3.3
3.6
11.9
12.3
12.6
12 9
13.2
13.4
13.7
13.9
14.0
14.0
11.7
11.6
11.3
11 6
11.8
12.0
12.3
12.6
12.9
13.0
4.9
5.0
5.1
53
5.4
5.3
5.3
5.3
5.2
5.0
46
4.7
4.8
8.3
7.3
7.5
7.6
78
8.0
82
8.5
8.7
9.0
9.2
8.3
8.1
8.1
8.0
9.4
9.5
9.4
9.3
6.2
5.8
5.6
5.5
8.7
8.6
8.5
8.4
4.0
3.9
3.9
3.9
5.2
5. 1
5.0
5.0
8.7
8.5
8.2
8.1
8.1
8.0
7.8
7.6
6.8
6.7
6.6
6.6
0 0
4.7
4.6
4.6
4.6
6.6
6.5
6.4
6.5
4.2
4.1
4.1
4.1
2.8
2.8
2.8
2.8
3.5
3.4
3.1
2.9
13.7
13.4
13.1
12.8
12.9
12.8
12.8
13.0
4.9
4.8
4.6
4.5
4.8
4.8
4.9
4.9
6.8
6.8
6.9
70
7.1
7.2
7.3
7.2
7.2
7.1
6.8
6.9
6.9
72
7.4
7.5
7.6
7.7
7.7
7.6
6.9
6.9
6.9
7.0
7.0
7.0
7.0
7.0
6.9
6.8
6.7
6.6
6.7
67
6.8
6.8
6.9
6.9
6.9
6.9
6.6
6.7
6.8
70
7.3
7.6
7.8
8.1
6.9
6.7
6.5
6.4
7.4
7.1
6.9
6.8
6.6
6.4
6.3
6.1
6.9
6.8
6.8
6.9
0 0
3.1
3.0
2.9
0 0
48
4.9
4.9
4.9
4.9
4.9
4.9
1. The sum of the capital stock estimates for the detailed types of equipment may exceed the "All industries" total, because the latter includes an allowance for receipts from the sale of
scrap.
NOTE.—Capital stock estimates for "Farm" may be obtained by subtracting the sum of the "Manufacturing" and "Other nonfarm industries" columns from the "All industries" column.
Source: U.S. Department of Commerce, Office of Business Economics.
Table 7.—Constant Dollar Gross and Net Stocks of Structures and Equipment, by Broad Industry Group, 1925—68
Government-Owned, Privately Operated
SERVICE LIVES: 85 PERCENT OF BULLETIN F
WINFREY DISTRIBUTION
Gross stocks
Constant cost 1
Year
All
industries
Manufacturing
Constant cost 2
Other
nonfarm
industries
Net stocks using double declining balance depreciation
Net stocks using straight line depreciation
All
industries
Manufacturing
Constant cost 1
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
All
industries
Manufacturing
Constant cost 2
Constant cost 1
Constant cost 2
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
All
industries
Manufacturing
Other
nonfarm
industries
Gross and net stocks (billions of 1958 dollars)
13
13
1.2
1i
.9
8
.6
3
.2
2
o
o
o
o
0
o
0
o
0
o
1
1
1
1
.2
.2
2
.2
2
9
6.1
21.9
39 0
49 0
0
0
.5
5.4
18.1
26 5
30 3
2
.2
2
.2
2
3
.7
3.8
12 5
18 7
2
2
2
2
2
8
60
21 2
38 0
47 8
1951
1952
1953
1954 .
56.6
41 6
33 3
29.4
25 8
24 9
23.7
23.4
23 3
23 6
31.8
27.1
23.1
19.7
17 9
17.1
16.4
16.3
16 5
17.3
24.7
14 5
10 2
9.7
79
78
73
7.2
68
63
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
23 4
23.2
23.3
23 1
22.9
22 7
22.2
21 9
21.7
22.2
17.2
17. 1
17.2
17 2
17.0
16.6
16.0
15 6
15.2
15.3
1965 .
22.1
15.3
15.5
15.7
15.6
1925
1926
1927....
1928
1929
1930
1931
1932
1933.
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950...
.
..
1966
22.0
1967
22.2
1968
22.1
o
0
o
3
3
2
I
9
8
.6
3
.2
2
1
1
1
I
3
3
2
i
9
g
6
3
2
2
o
o
o
o
o
o
o
o
o
o
o
o
o
o
o
1
1
1
1
3
3
2
1
9
8
6
3
2
2
10
9
8
7
5
4
3
2
1
I
Q
I
1
I
5
53
17.4
25 6
29 2
2
2
2
2
2
3
7
38
12 4
18 5
(*) I
8
59
21 0
36 7
44 8
o
o
o
o
o
5
53
17 4
24 6
27 1
(*) I
3
7
37
12 1
17 7
55 3
40 5
32 4
28 6
25 0
24 3
23 0
22.8
22 7
23 0
30.7
26 1
22 2
18 9
17 1
16 5
15 7
15.6
15 8
16 6
24 6
14 4
10 2
97
79
78
73
72
69
64
50 2
35 6
27 3
23 2
19 4
17 9
16 4
16 4
16 5
16 8
27 2
22 3
18 2
14 9
12 8
11 8
10*9
11 2
11 7
12 5
62
61
6.1
59
60
6.1
6.2
63
65
6.8
22 9
22 7
22 8
22 6
22 5
22 2
21.8
21 5
21 4
21 9
16 6
16 5
16 7
16 7
16 4
16 1
15.5
15 2
14 8
15 0
63
61
61
59
60
61
63
64
66
69
16 7
16 2
15 5
14 7
14 0
13 2
12 6
12 1
11 7
11 6
67
65
65
6.4
21 9
21 8
22 0
22 0
15 0
15 2
15 5
15.5
68
65
65
65
11 4
11 3
11 1
10 6
O
o
o
o
o
o
Q
Q
Q
10
9
8
7
5
4
3
2
1
I
10
g
8
7
5
4
3
2
1
1
I
1
\
I
1
1
(*\
()
o
o
o
o
o
o
o
o
o
o
o
o
o
Q
Q
10
9
8
7
5
4
3
2
1
I
I
1
I
08
7
Q
5
4
3
2
1
1
1
08
7
.6
5
.4
3
.2
1
.1
1
08
7
.6
5
.4
.3
.2
.1
.1
1
o
o
o
o
o
o
o
o
o
o
o
o
o
o
o
0.8
7
.6
.5
.4
.3
.2
.1
.1
.1
1
8
58
20.2
34 7
41 2
5
51
16.7
23 0
24 4
1
(*)
(*)
(*)
^ ^ 1
.3
.6
3.5
11 7
16.7
22 8
13 2
91
83
65
61
55
53
49
44
45 1
31 1
23 2
19 3
15 7
14 3
13 0
13 2
13 4
13 8
23.7
18 9
15 0
12 1
10 2
93
86
90
97
10 4
21.4
12 2
8.2
7.2
55
5.0
4.5
4.2
38
3.4
44.1
30.2
22.6
18.7
15.2
13.9
12.7
12.9
13.2
13.5
22.8
18.1
14.4
11.5
9.7
8.9
8.2
8.7
9.3
10.1
21.3
12.1
8.2
7.2
5.5
5.0
4.5
4.2
3.8
3.4
12 3
12 0
11 6
11 0
10 3
97
92
88
85
83
41
39
37
35
34
33
32
31
32
32
13 7
13 1
12 3
11 5
10 8
10 1
97
92
89
9o
10 6
10 2
96
89
82
76
7.2
69
66
65
31
2.9
2.7
26
2.5
2.4
2.4
23
2.4
2.5
13.4
12.9
12.1
11.3
10.6
9.9
9.5
9.1
8.9
8.9
10.3
10.0
9.4
8.7
8.0
7.4
7.1
6.8
6.5
6.4
3.2
2.9
2.7
2.6
2.5
2.5
2.4
2.4
2.4
2.5
82
82
82
80
32
30
28
27
88
88
86
82
64
64
65
62
25
2.3
2.2
2.0
8.8
8.8
8.6
8.2
6.3
6.4
6.4
6.2
2.5
2.4
2.2
2.0
(*)
i
8
58
20 3
35 7
43 6
5
51
16 7
23 8
26 1
I
3
7
3.7
12 0
17 5
23 0
13 3
9i
83
65
61
55
52
48
43
49 0
34 6
26 5
22 5
18 8
17 4
16 0
16 0
16 1
16 4
26 2
21 4
17 4
14 3
12 3
11 3
10 5
10 7
11 3
12 1
12 6
12 4
11 9
11 3
10 6
99
94
90
86
85
41
38
36
34
33
33
32
31
31
32
16 4
15 9
15 2
14 4
13 7
13 0
12 5
12 0
11 6
11 6
83
83
83
80
31
30
28
26
11 3
11 2
11 1
10 6
I
o
o
o
o
o
o
o
o
o
o
o
o
o
o
o
(*)
(*)
(*)
1
(*)
(*)
(*)
.1
.8
5.6
19.6
33.7
40.1
.5
5.0
16.0
22.2
23.5
.1
.3
.6
3.5
11.5
16.6
.1
(*)
(*)
(*)
CURRENT BUSINESS STATISTICS
J_HE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $3.00) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series,
monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthly
SURVEY beginning with the September 1969 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.
1967
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
| 1968
1967
1969
I
Annual total
II
1%8
III
IV
I
| II
1969
III
I
IV
II
1970
III
IV
IP
942.8
952.2
960.4
600.6
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
Gross national product, total
bil. $
Personal consumption expenditures, total .. do
Services total 9
Household operation
Housing
Transportation
- —
--
865 7
932.1
774 2
783 5
800 4
816 1
835 3
858 7
876 4
892 5
908 7
924.8
492.3
536.6
576.0
480 9
489.8
495 7
502 6
520 6
530 3
544 9
550 7
562.0
572.8
579.8
589.5
do
do
do
73.0
30.5
31 3
83.3
37.0
34.2
89.8
40.4
36.0
70 0
28 4
30 7
73.5
31.3
31.2
73 3
30 9
31 2
75 2
31 2
32 2
79 5
34 8
33 4
81 8
35 6
33 8
85 8
38 6
35 0
86 3
39 0
34 6
88 4
39.4
35 5
90.6
40.0
36.8
89.8
40.8
35.8
90.4
41.3
35.8
89.7
38.6
37.2
do
do
do
-- -- -do
215 1
42.5
108.1
17.7
230.6
46.3
115.0
19.1
243.6
49.9
119.8
21.3
213
41
107
17
2
7
8
3
214.4
42.6
107.6
17.5
215 8
42 9
108 1
17.9
216 8
42 7
108 9
18 1
226 1
45 0
112 6
18.9
228 5
45 6
114 8
18 8
233 3
47 4
116 1
19.5
234
47
116
19
3
3
4
5
238 6
48 1
118.4
20.4
242.1
50.0
119.1
21.0
245 1
50.8
119.9
21.8
248.7
50.8
121.7
22.0
255 3
50.9
126.0
22.7
do
-do _
- -do
do
204.2
29.1
71.8
14.7
222.8
31.2
77.4
16.1
242.6
33.5
83.7
17.5
197.7
28 2
70.1
14.4
201.8
29.0
71.1
14.5
206.6
29.3
72.3
14.8
210.6
30 1
73.7
15.0
215.1
30.5
75.2
15.5
220.0
30 7
76.7
15.9
225.8
31.6
77.9
16.3
230.1
31.9
79.8
16.5
235. 0
32 7
81.3
17.1
240.1
33.1
82.8
17.3
244.9
33.9
84.4
17.7
250.3
34.1
86.4
17.9
255.6
35.0
88.3
18.4
do
Durable goods total 9
Automobiles and parts _ -Furniture and household equipment
Nondurable goods total 9
Clothing and shoes
Food and beverages
Gasoline and oil
793 5
-
116.0
126.3
139.4
113.6
109.4
117.7
123.3
119.4
126.6
125.2
133.9
135.2
137.4
143.3
141.8
137.3
Fixed investment
do — 108.6
83.7
Nonresident ial
-do_
27.9
Structures
do_ __
55.7
Producers' durable equipment
do_ _
25.0
Residential structures
- - -- -do
24.4
Nonfarm
do __
7.4
Change in business inventories
_do_ _
6.8
Nonfarm
do —
119.0
88.8
29.3
59.5
30.2
29.6
7.3
7.4
131.4
99.2
33.4
65.8
32.2
31.7
8.0
7.8
104.7
83.3
29.0
54.2
21.4
20.9
9.0
9.1
106.1
83.0
27.2
55.8
23.1
22.5
3.4
3.0
109.9
83.5
27.8
55.7
26.5
25.9
7.8
7.0
113.8
85.0
27.8
57.2
28.8
28.3
9.5
8.0
117.7
89.1
29.8
59.4
28.6
28.0
1.6
1.3
116.7
86.4
28.3
58.1
30.3
29.7
9.9
10.3
118.0
88.1
29.0
59.1
29.9
29.4
7.2
7.5
123.4
91.5
30.1
61.4
31.9
31.4
10.5
10.7
128.6
95.3
32.3
63.0
33.3
32.8
6.6
6.6
130.5
97.8
32.1
65.7
32.7
32.2
6.9
6.7
132.5
101.1
34.7
66.4
31.4
30.9
10.7
10.3
134.0
102.5
34.5
68.0
31.6
31.0
7.7
7.4
134.4
104.3
35.9
68.4
30.1
29.6
2.9
2.6
5.2
46.2
41.0
2.5
50.6
48.1
2.1
55.3
53.2
5.4
45.8
40.4
5.8
45.9
40.1
5.6
46.3
40.7
3.8
46.7
42.8
1.9
47.7
45.9
3.4
50.7
47.3
3.6
53.4
49.7
1.2
50.6
49.4
1.5
47.6
46.1
1.6
57.1
55.5
2.7
57.8
55.2
2.7
58.6
55.9
3.7
60.7
57.0
Govt. purchases of goods and services, total, .do
Federal
- do
National defense
do
State and local
do
180.1
90.7
72.4
89.3
200.3
99.5
78.0
100.7
214.6
101.9
79.2
112.7
174.2
87.8
69.9
86.4
178.5
90.3
71.9
88.1
181.3
91.3
73.0
90.0
186.4
93.5
74.6
92.9
193.4
96.3
76.1
97.1
198.4
99.0
77.9
99.4
202.5
100.9
78.8
101.7
206.7
101.9
79.3
104.8
210.0
101.6
79.0
108.5
212.9
100.6
78.5
112.3
217.0
103.2
80.3
113.8
218.3
102.3
79.2
116.0
218.8
100.2
77.3
118.6
By major type of product:
Final sales total
Goods total
Durable goods
Nondurable goods
Services
Structures
786.2
391.0
157.0
234.1
316.7
78.4
858.4
423.7
171.4
252.3
347.5
87.1
924.1
451.8
186.2
265.6
377.4
95.0
765.2
382.5
151.9
230.7
306.4
76.3
780.2
392.5
158.3
234.2
312.0
75.6
792.6
393.3
157.7
235.5
320.1
79.3
806.6
395.8
160.0
235.9
328.4
82.4
833.6
412.8
166.4
246.5
335.0
85.8
848.8
419.3
168.9
250.4
343.4
86.0
869.2
429.9
173.7
256.1
353.2
86.1
882.0
433.0
176.6
256.4
358.5
90.6
902.1
441.3
181.6
259.7
365.8
94.9
917.9
449.6
185.5
264.1
373.4
94.8
932.0
455.2
187.8
267.4
381.6
95.3
944.5
461.1
189.9
271.2
388.6
94.8
957.5
7.4
3.9
3.5
7.3
5.3
2.0
8.0
5.5
2.5
9.0
4.2
4.7
3.4
1.5
1.8
7.8
4.4
3.4
9.5
5.6
3.9
1.6
1.9
-.3
9.9
6.8
3.1
7.2
5.1
2.1
10.5
7.4
3.1
6.6
4.8
1.8
6.9
4.9
2.1
10.7
7.6
3.1
7.7
4.7
3.0
2.9
Gross private domestic investment, total
Net exports of goods and services
Exports
Imports
do
do
do_ __
-
- -
- -do. _
do
- do
do
do
do
Change in business inventories
do
Durable goods
do
Nondurable goods
_ _ _ _ _ __do
GNP in constant (1958) dollars
Gross national product total
bil. $
Personal consumption expenditures, total _ _do
Durable goods
Nondurable goods
Services. _
_ _ _
do
_ _ do_
do
674.6
707.6
727.5
666.5
670.5
678.0
683.5
693.3
705.8
712.8
718.5
723.1
726.7
730 6
729.8
726 9
430.3
452.6
466.1
424.4
430.5
431.9
434.3
445.6
449.0
458.2
457.6
462.9
466.2
466.5
468.6
471.9
72.8
190.3
167.2
80.7
196.9
175.0
84.9
199.4
181.8
70.3
190.2
163.9
73.9
190.6
166.1
73.0
190.3
168.6
73.9
190.2
170.3
77.7
196.0
171.8
79.5
195.8
173.7
83.0
198.7
176.5
82.7
197.2
177.7
84.3
199.3
179.3
85.9
199.3
181.0
84 7
199.3
182.5
84.8
199.6
184.2
83.5
202.8
185.6
do
100.8
105.7
111.8
100.5
95.7
101.6
105.4
101.2
106.6
104.1
110.9
109.9
110.8
114.3
112.2
107.1
Fixed investment
Nonresidential
Residential structures... _
Change in business inventories
do
- do
do
do
93.9
73.6
20.3
6.9
99.1
75.8
23.3
6.6
104.8
81.4
23.4
6.9
92.0
74.1
17.9
8.5
92.6
73.5
19.0
3.1
94.3
73.1
21.2
7.4
96.7
73.8
23.0
8.7
99.8
77.1
22.7
1.5
97.6
74.0
23.5
9.0
97.7
75.0
22. 7
6.4
101.4
77.3
24.1
9.6
104.0
79.4
24.6
5.9
104.8
81.0
23.8
6.0
105 0
82.4
22.6
93
105.5
82.8
22.7
6.7
104 5
83.0
21.5
2 5
Net exports of goods and services
do
3.6
.9
.0
4.0
4.2
4.1
2.0
.9
1.3
1.7
2
-.3
-.5
.4
.5
1.3
148.4
140.0
149.7
Govt. purchases of goods and services, total.. do
78.9
74.8
76.0
Federal
do
69.5
65.2
73.7
State and local
do
r
Revised.
? Preliminary.
9 Includes data not shown separately.
137.6
72.8
64.8
140.1
75.1
65.0
140.4
75.5
64.9
141.7
75.7
66.0
145.6
77.3
68.3
148.9
79.6
69.3
148.8
79.2
69.6
150.2
79.4
70.8
150.6
78.3
72.3
150.2
76.3
73.9
149.4
75 5
73! 9
148.4
73 9
74.6
146.7
71 3
75.3
Gross private domestic investment, total
380-168 O - 70 - 4
S-l
SURVEY OF CUERENT BUSINESS
S-2
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1967
1968
| 1969
Annual total
1967
II
III
April 1970
1968
IV
I
II
1969
III
IV
I
II
1970
III
IV
IP
II
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income total
bil. $
654.0
714.4
0
646.2
658.5
672.0
688.8
707.4
724.1
737.3
751.3
765.7
780.6
' 786. 5
Compensation of employees, total..-
do
467.4
513.6
564.3
461.1
470.7
481.7
495.1
507.0
519.8
532.3
546.0
558.2
571.9
581.1
589.5
Wages and salaries, total
_
Private . __
_ _ _
Military
Government civilian
_
Supplements to wages and salaries
Proprietors' income, total 9
Business and professional 9
Farm
Rental income of persons
do
_ _ do
do
do
do
_ do_.
do
do
do
423.5
337.3
16.2
70.0
43.9
61.9
47.2
14.7
20.8
465.0
369.0
18.0
78.0
48.6
63.8
49.2
14.6
21.2
509.9
405.3
19.2
85.4
54.4
66.3
50.2
16.1
21.6
417.7
333.0
15.9
68.8
43.4
61.7
47.1
14.7
20.8
426.5
339.6
16.1
70.8
44.2
62.6
47.8
14.8
20.9
436.5
346.3
17.0
73.2
45.1
62.3
47.5
14.9
21.0
448.2
355.9
17.3
75.0
47.0
63.2
48.4
14.8
21.1
459.0
364.5
17.6
76.8
48.0
63.6
49.2
14.3
21.2
470.7
372.7
18.7
79.3
49.1
64.1
49.3
14.8
21.2
482.1
382.8
18.3
80.9
50.2
64.1
49.7
14.4
21.4
493.3
392.5
18.2
82.5
52.7
64.6
49.7
14.9
21.5
504.3
402.0
18.4
84.0
53.8
66.5
50.1
16.4
21.6
516.9
410.2
20.1
86.6
55.0
67.3
50.5
16.8
21.7
525.0
416.6
19.9
88.5
56.1
66.7
50.4
16.3
21.8
532.4
422.2
19.6
90.5
57.1
66.8
50.3
16.5
22.0
79.2
Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
- _ do
Nonfinancial corporations total
do
Manufacturing, total
_
do_
Nondurable goods industries
do
Durable goods industries
do
Transportation, communication, and public
utilities
bil. $
All other industries
do
87.9
88.2
78.3
79.1
81.1
82.5
88.2
90.6
90.3
89.5
89.2
88.8
'85.2
10.5
68.8
39.0
18.1
20.9
11.5
76.4
44.4
19.9
24.5
12.9
75.3
43.9
20.4
'23.5
10.3
68.0
38.8
17.9
20.8
10.5
68.6
38.3
18.0
20.4
10.8
70.3
39.5
18.3
21.2
11.0
71.6
41.1
19.1
22.0
11.2
76.9
44.9
19.8
25.1
12.1
78.5
45.4
20.4
25.0
11.9
78.5
46.2
20.4
25.8
12.3
77.2
45.1
20.3
24.7
12.7
76.5
44.9
21.0
23.9
13.3
75.6
43.8
20.0
23.8
13.3
71.9
41.7
20.1
21.6
10.8
19.0
11.6
20.4
11.7
19.7
10.7
18.5
10.8
19.5
10.9
19.9
11.3
19.1
11.5
20.6
12.0
21.0
11.6
20.7
11.8
20.3
11.7
19.9
11.9
19.9
11.4
18.8
80.3
33.0
47.3
21.5
25.9
-1.1
24.7
91.1
41.3
49.8
23.1
26.7
-3.2
28.0
'93.7
43.3
50.5
24.6
25.9
-5.6
30.6
79.1
32.6
46.4
21.7
24.8
-.7
24.3
79.5
32.5
47.0
22.0
25.0
-.4
25.1
84.4
34.5
49.9
21.1
28.8
-3.3
25.9
87.9
39.9
47.9
22.2
25.7
-5.3
26.7
90.7
41.1
49.7
22.9
26.7
-2.6
27.5
91.5
41.4
50.0
23.6
26.5
—.9
28.4
94.5
42.9
51.6
23.8
27.8
-4.2
29.3
95.5
43.9
51.7
23.8
27.9
-6.1
29.8
95.4
44.1
51.3
24.3
27.0
-6.2
30.3
92.5
42.8
49.7
24.9
24.9
-3.7
30.9
'91.4
M2. 4
'49.0
25.2
'23.8
-6.2
31.6
-5.9
32.3
629.4
82.9
546.5
506.2
40.4
687.9
97.9
590.0
551.6
38.4
747.2
117.5
629.7
592.0
37.6
622.2
80.6
541.6
503.9
37.7
634.5
84.1
550.3
509.7
40.7
645.9
86.1
559.8
516.6
43.1
664.3
89.3
575.0
535.1
39.9
680.1
92.7
587.4
545.1
42.3
696.1
102.6
593.4
560.2
33.2
711.2
107.0
604.3
566.2
38.0
724.4
114.2
610.2
577.7
32.5
740.5
118.5
622.0
588.8
33.3
756.5
117.5
639.0
596.0
43.1
767.4
119.9
647.5
605.8
41.7
778.5
118.6
659.9
617.1
42.8
65.47
28.51
14.06
14.45
67.76
28.37
14.12
14.25
75.56
31.68
15.96
15.72
16.69
7.33
3.56
3.77
16.20
6.88
3.40
3.48
18.12
7.77
3.96
3.81
15.10
6.15
3.06
3.09
16.85
6.99
3.36
3.63
16.79
7.13
3.54
3.59
19.03
8.10
4.16
3.94
16.04
6.58
3.36
3.22
18.81
7.82
3.98
3.84
19.25
8.16
4.03
4.12
21.46 i 17. 76
9.12
7.25
4.59
3.68
4.53
3.56
36.96
1.65
1.86
2.29
1.48
8.74
6.75
2.00
6.34
14.59
39.40
1.63
1.45
2.56
1.59
10.20
7.66
2.54
6.83
15.14
43.88
1.86
1.86
2.51
1.68
11.61
8.94
2.67
8.30
16.05
9.36
.39
.45
.72
.38
2.18
1.65
.53
1.60
3.65
9.32
.44
.41
.56
.41
2.35
1.71
.64
1.57
3.59
10.35
.47
.50
.64
.38
2.59
2.08
.51
1.73
4.04
8.95
.42
.39
.68
.30
2.07
1.69
.38
1.59
3.50
9.86
.43
.37
.58
.42
2.62
1.94
.68
1.62
3.81
9.66
.39
.31
.64
.41
2.61
1.87
.74
1.61
3.69
10.93
.40
.38
.66
.47
2.90
2.16
.74
2.00
4.13
9.45
.42
.38
.68
.38
2.36
1.88
.48
1.81
3.41
10.99
.48
.44
.66
.46
2.99
2.22
.77
2.00
3.97
11.10
.47
.49
.53
.40
3.03
2.23
.80
2.11
4.07
12.34
.49
.55
.64
.44
3.23
2.61
.62
2.39
4.60
do
do
do
do
65.60
29.16
14.26
14.90
65.48
27.85
13.92
13.93
65.66
27.51
13.71
13.80
68.09
28.02
14.11
13.91
66.29
27.84
13.51
14.33
67.77
28.86
14.47
14.40
69.05
28.70
14.39
14.31
72.52
29.99
15.47
1.4. 52
73.94
31.16
15.98
15.18
77.84
33.05
16.53
16.52
77.84
32.39
15.88
16.50
do
do
do
do
do
do
do
do
do
do
36.45
1.52
1.78
2.43
1.38
8.51
6.48
2.04
6.30
14.53
37.62
1.76
1.72
2.35
1.66
8.86
6.86
1.99
6.49
14.80
38.15
1.78
1.82
2.79
1.41
9.46
7.47
1.99
6.37
14.54
40.07
1.80
1.68
2.88
1.43
10.08
7.76
2.32
6.83
15.37
38.45
1.66
1.49
1.98
1.49
10.24
7.64
2.60
6.42
15.17
38.91
1.57
1.29
2.69
1.65
9.82
7.50
2.32
6.67
15.22
40.35
1.52
1.34
2.87
1.75
10.63
7.74
2.89
7.34
14.91
42.53
1.83
1.68
2.89
1.87
11.52
8.62
2.90
7.74
15.00
42.78
1.88
1.76
2.22
1.66
11.68
8.71
2.97
7.92
15.67
44.80
1.89
2.06
2.23
1.65
11.48
8.98
2.50
8.71
16.78
45.46
1.85
1.94
2.80
1.63
11.80
9.36
2.44
8.76
16.67
50, 599 "55, 387 11,484
7, 723
33, 598 "36, 487
335
1,428 n, 503
1,580
7,701 »8, 897
7,872 *8, 500
1,846
11,577
7,669
239
1,801
1,868
11, 667
7,601
332
1,879
1,855
11,934
7,941
305
1,771
1,917
12, 668
8,395
353
1,973
1,947
13,344
8,879
406
2,040
2,019
12, 653
8,383
364
1,917
1,989
11,919
7,478
414
2,117
1,910
14,254
9,599
331
2,148
2,176
14,553 Pl4, 661
9,581 *9, 829
p341
417
2,362 *2, 270
2,193 *2,221
-10,706 -11,463 -11,827
7,817 -8, 131
-7, 154
-1,112 -1,102 -1,116
-742
-671
-607
-1,833 -1,873 -1,838
-12,435
-8,566
-1,143
-770
-1,956
-12,352
-8, 458
-1,169
-749
-1,976
-11,571
-7,579
-1,204
-893
-1,895
-] 3,964
-9,599
-1,208
-1,087
-2,070
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
_ do
Dividends
do
Undistributed profits,..
. _ do
Inventory valuation adjustment
do
Net interest
do
DISPOSITION OF PERSONAL INCOME
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 :t
All industries
bil. $
Manufacturing .
.
do
Durable goods industries 1
.. do..
Nondurable goods industries ^
do
Nonmanufacturing
. .
Mining _ _
Railroad
Air transportation
Other transportation
Public utilities
Electric
...
Gas and other
Communication
Commercial and other
Seas. adj. qtrly. totals at annual rates :t
All industries
Manufacturing
Durable goods industries ^
Nondurable goods industries 1
Nonmanufacturing
Mining
Railroad
Air transportation
Other transportation
Public utilities
Electric
Gas and other
Communication
Commercial and other
r 771.
do
do
do
do
do
do
do
do.
do
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTSd*
Quarterly Data Are Seasonally Adjusted
(Credits -f ; debits -)
Exports of goods and sennces (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
46, 189
30,681
1,239
6,872
7,397
-41,012 -48,077 "-53,314 -10,033 -10,173
Imports of goods and services
do
-26,821 -32,972 p-35,797 6,465 -6, 542
Merchandise adjusted cxcl military
do
Military expenditures
do
-4, 378 -4, 530 "-4,881 -1,075 -1,106
-2,362 -2,932 p-4, 431 -591
-580
Income on foreign investments in the U.S^do
Other services
do
-7,451 -7,643 »-8, 205 -1,902 -1,945
Unilateral transfers, net (exci. military grants);
-836
transfers to foreigners (— ).
mil. $__ -2,998 -2,865 »-2, 513 -823
'• Revised.
*> Preliminary.
1 Estimates (corre<3ted for systematic I)iases) fo • Tan.-M ar.
1970 and Apr.--June 1970 based on expected capital expenditu res of bus in ess. E xpected <^xpenditures (or the year 1970 appear on p. 19 of the Mar. 197C SURVEY
2lnc ludes co mmuriication.
9 Includes inventory valuation adjusstment.
t Revise I series; (.xplanati on
of revisions and annual and. quarterly data back to 1947 appea r on pp. 25 fl. of trle Jan. It 70
SURVEY; see also pp. 19 ft. of the Feb. 1970 SURVE Y.
0P ersonal ou tlays coiuprise p er-
-13,847
-9,243
-1,220
-1,255
-2,129
25.2
i 20. 79
8.47
4.33
4.14
10.51
.41
.45
.69
.37
2.67
2.28
.39
12.32
.*>"
.54
.80
.40
3.52
2.8?.
.70
25.93
26.60
i 80. 00 i 81. 78
33.74
32.97
16.92
17.39
16.34
16.05
47.02
1.77
1.94
2.95
1.79
12.80
10.46
2.34
48.04
1.82
2.19
2.70
1.42
13.74
11.07
2.6L
2 25.77 2 26. 16
p-13,93
p-9,376
p- 1,249
p-1, 196
p-2,11
*-732
-793
-687
-774
-601
-648
-690
-635
-766
sonal consum 3tion exp enditure s, interest paid by consum 3rs, and j>ersonal t ransfer paymei:
to for eigners.
§Pers onal savi ng is excess of dis posable i ncome o~srer perso ial outlays,
HD at a for i ndividua1 durable, and noiidurable goods in dustries components appear in tl
Mar. June, S ept., anc1 Dec. issues of t he SURV EY.
d*More coinplete d etails are given i
the q uarterly reviews in the M ar., June , Sept., eind Dec. issues of the SUR VEY.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1967
1967
1969
Annual total
II
III
S-3
1968
IV
I
II
1969
III
IV
I
II
1970
IV
III
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 in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
-5, 654 -5,158 p-5,011 -1,014 -1, 775 -1,797
-806
-2,419 -2, 250 p-2, 215
-738
52
-880
p- 1,187
-542
-546
-677
-419
-375
-181
1,970
749
1,221
-624
2,198
1,406
792
-69
2,350
1,869
481
-6
6,853
3,492
3,361
-1,007
9,277 pl2, 115
712
P8, 245
8,565 p3, 870
-641 p-2, 964
-3, 544
168 p-7,058
-330
p2,712
-719
-3,418
1,638
1968
1969
Annual
-1,031 -1,688
-71
-917
904
1,215
-340
1,555
-410
-1,537 -1,868
-947
-1,357 -2, 051 -1, 279 v -324
-639
-527
-346
-463
-648
-657
p -447
-137
-571
-1,076
-48
-299
-686
P -154
2,645
128
2,517
-480
2,515
710
1,805
309
-564
9
-379
1,553
-139
97
2,902 3,361 4,538 3,635
* 581
1,723
3,294 P -959
214
4,187
1,638
341 P 1,540
2,688
351
P 348
-60 -1,239 -1,039 -1,034
862 -1, 675 -3,888 -2,608 p 1, 113
367
1,132
1,226
-927
P 1,281
1970
1969
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
«• 774. 5
Feb.
Mar.p
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income _
__
687.9
747.2
723.9
730.7
735.3
740.0
746.1
751.4
757.5
760.7
763.9
767.6
770.6
465.0
181.5
145 9
109.2
509.9
197.7
157.6
119.5
492.6
190.6
152 5
115.6
497.9
193.8
154 9
116.4
500.8
195.2
155.8
117.2
503.8
196.2
156.3
118.3
508.5
198.3
157.8
119.5
512.8
198.9
158.5
120.1
517.9
201.0
160.5
121.4
519.9
201.5
160 7
121.8
522.2
201.8
160.6
122.3
525.1
201.7
159 8
123.5
527.8
203.4
161.0
123.5
530.1 r 532. 3
201.3 rr 201. 5
160.1
159. 3
125.9 ' 126. 1
do
do
do
78.3
96.0
24.2
88.1
104.5
26.2
85.6
100.8
25.5
86.3
101.4
25.6
86.4
101.9
25.8
87.0
102.3
25.9
87.8
102.9
26.1
88.0
105.9
26.3
88.8
106.8
26 4
89 4
107.2
26 6
90.3
107.8
26 8
91 5
108.4
26 9
91.9
109.0
27.1
93.3
109.6
27.3
do
do
49.2
14.6
50.2
16.1
49.8
14.9
49.7
15.3
49.8
15.8
50.1
16.4
50.4
16.9
50.5
16.8
50.5
16 8
50.5
16 8
50.6
16 7
50 4
16 3
50.3
15.9
50.3
'16.2
21.2
23.1
54.1
59.2
21.6
24.6
59.4
65.5
21.5
23.8
57.6
63.5
21.5
24.1
57.9
64.3
21.5
24.2
58.3
64.7
21.6
24.3
58.8
64.9
21.6
24.5
59.2
65.2
21.7
24.6
59.5
65.7
21.7
24 8
59 8
66 1
21.7
25 1
60.2
66 4
21.8
25 3
60.8
66 7
21.8
25 4
61 3
67 2
21.9
25.0
61.8
67 8
21.9
25.2
62.1
68.9
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. $..
' 778. 5 782.6
r
534.7
202.5
159.8
126.5
94.6
110.1
27 5
95. 1
110.6
27 7
50.3
16 5
50.4
16 8
22.0
25 2
62.4
70 0
22.0
25 2
62.8
70 9
r
22.6
26.2
25.3
25.6
25.7
25.8
26.1
26.4
26.6
26.7
26.9
26.9
27.1
27.5
27.6
27.8
667.9
725.2
703.1
709.5
713.5
717.7
723.4
728.8
734.9
738.1
741.5
745.3
748.6
752.2
' 755. 8
759.6
47, 848
51, 231
3,168
3,338
3,284
3,342
3,418
4,153
5 034
5,787
5,977
5 167
4,661
4,242
3 373
44,386
18, 847
25, 539
5,962
15,406
3,827
47, 431
18 939
28, 492
6 143
17 584
4,384
3,042
1,020
2,022
462
1,219
297
3,117
935
2,182
518
1,295
331
3,135
893
2,242
524
1,356
319
3,306
870
2,436
552
1 523
318
3,407
1 058
2,349
533
1 471
315
3 795
1 410
2,385
517
1 453
'391
3 844
1 494
2,350
502
1 446
381
4,532
1 952
2,580
499
1,667
393
5,630
2 764
2,866
516
1 900
427
5 146
2 733
2,413
496
1 471
427
4,633
2 176
2,457
511
1 474
441
4,186
1 635
2,551
543
1 550
415
3 349 p3 406
P 942
1 028
2,321 p 2, 464
507
P 546
1 431 P 1 512
P 368
338
137
136
138
146
137
154
113
88
131
116
81
141
116
77
145
123
75
158
126
92
152
141
122
155
142
129
1*>2
168
169
167
209
239
186
191
237
156
172
189
159
154
142
164
124
89
150
P 126
P 82
P 160
126
130
124
127
131
124
98
81
110
96
66
118
94
59
121
97
57
127
104
83
121
124
127
122
123
125
121
144
160
133
187
237
149
171
235
124
152
194
121
133
146
123
99
83
111
p 98
p 71
P 119
165.5
P 172. 8
170.5
173.1
171.9
172.4
176.7
167.7
174.6
179.2
177.8
173.6
' 169. 6
166.9
169.8
163.3
126.6
202, 5
p 173 9
p 176. 5
p 170. 6
p 130 2
P 221. 3
172 1
175.3
168.0
124 2
175 1
178.6
170.8
125 4
173 7
177.7
168.6
130 2
174 4
178.3
169.5
132 9
178 5
182.2
173.9
134 6
167 3
169.7
164.3
127 9
174 ^
173.6
175.0
iqo o
180 0
181.5
178.1
132 9
179 5
181.5
176.9
132 7
175 0
175.4
174.5
T 167 i
«• 172. 6 r 168. 4
r
165. 9 ' 165. 6
165.1
156.9
175.0
151.2
182.6
p 170 9
p 162 6
p 179 5
p 157. 2
P 188. 6
169 3
161 8
186 0
154.1
185.4
171 9
163 9
189 1
156.0
189.0
168 6
159 0
183 0
151.4
189.1
168 4
158 2
182 1
150.5
190.4
174 0
165 5
191 1
157.3
192.4
166 4
156 5
155 7
156.8
187.7
173 4
166 3
160 4
168.2
188.5
179 2
172 6
186 9
168.0
193.4
176 5
169 4
19° 1
162.2
191.8
do
165 8
do
157 8
do .„
174.1
§ See note 'V" o n p. S-2.
p 174 5
p 165 5
p 183. 9
171 5
162 8
180'.6
174 3
165 9
182.8
174 8
166 4
183.4
176 1
167 4
179 2
171 6
187.0
168 8
160 5
177. 3
1 7Q 9
178 9
169 7
18&4
Total nonagricultural income
do
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments, total
__ 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
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1957-59=100-.
Crops
do
Livestock and products
do
indexes of volume of farm marketings, unadjusted
All commodities
1957-59 =100
Crops
do
Livestock and products
do
INDUSTRIAL PRODUCTION d1
Federal Reserve Index of Quantity Output
'Jnadj., total index (Incl. utilities) d*-- 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
r
Bevised.
p Preliminary.
do
do
do
do
do
issio
175 6
166 2
185. 3
170 2
188 5
100 Q
170 0
162 6
175 9
158.4
186.0
176 9
166 3
187 8
cf Revisions for Jan.-Oct. 1968 will be shown later,
separately.
r 169 6
r
168. 0 ' 170. 2 171.9
mo
r 1 AQ 8
172.7
r 170. 0
170.9
r 169. 6
r 133 l
r 13Q 7
166 2
r 166 g
r 159 1
r 165 Q
r 156 6
r 157 4.
153. 1
157.2
187.0 ' 183. 4
r 1 79 A
r 161 g
r 183 7
r 1AG S
r 1 i^A A
T 189 Q
r 1 A9 1
r 1 7fl 7
r
186. 2
•I CO
A
1 7fi
187.1
_ 1 C7 7
I«A n
ISA
9Includes data for items not shown
SURVEY OF CUKEENT BUSINESS
S-4
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1969*
Annual
April 1970
1969
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.p
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION^— Continued
Federal Reserve Index of Quantity Output— Con.
Seas, adj., total index (incl. utilities) d"- 1957-59 = 100_
By industry groupings:
Manufacturing, total
_.
_ _do___
Durable manufactures 9
Primary metals
Iron and steel ._
Nonferrous metals and products
_do
_do do
do
165.5
172.8
170.1
171.4
171.7
172.5
173.7
174.6
174.3
173.9
173.1
171.4
171.1
170.2
' 169. 8
170.2
166.9
173.9
171.8
173.1
173.0
173.8
174.8
175.6
175.4
175.2
173.9
171.8
' 171. 3
170.0
' 169. 5
169.8
169.8
137.0
130.7
160.0
176.5
149.1
140.2
181.4
174.5
143.6
133.7
183.4
175.9
146.2
139.0
186.9
175.7
147.9
141.2
186.2
176.7
149.3
141.6
184.3
178.3
153.1
145.6
190.8
178.7
152.4
145.3
181.8
178.8
151.3
141.1
177.9
178.7
149.3
141.4
178.6
177.3
150.4
141.5
178.7
172.1
150.3
142.7
183.1
r 147. 7
171.1 r 169. 3 ' 169. 0
' 142. 1 ' 139. 7
138.8
' 133. 0 129.9
r
181. 1 ' 178. 2 179.9
170.0
141
133
176
175
Fabricated metal products
Structural metal parts
do
do
167.9
162.2
179.9
173.4
177.6
174.5
178.5
175.8
178.3
174.4
179.2
173.1
180.6
173.8
179.1
170.8
180.6
171.5
179.1
171.5
179.4
172.5
179.2
174.5
' 178. 4 r' 178. 5
177.1
175. 4
Machinery
Nonelectrical machinery
Electrical machinery
do
_ do _
do
184.3
181.0
188.5
195.6
194.6
197.0
192.7
189.6
196.9
194.7
190.2
200.7
194.6
190.8
199.5
196.9
193.1
201.8
197.2
195.3
199.6
198.1
196.0
200.8
199. 4
195.5
204.5
201.2
199.8
202.9
199.0
200.3
197.3
187.4
194.9
177.5
' 188. 7
163.9
152.0
170.7
177.4
174.6
r
189. 6
195.1
' 196. 5 ' 195. 9 ' 196. 0
r 178. 3 ' 181. 3 ' 194. 0
197
196
199
' 159. 0 '154.3
145.6 ' 142. 1
r
166. 7 ' 161. 4
156
150
158
192
151
Transportation equipment 9 _
Motor vehicles and parts
Aircraft and other equipment. _ _
do
do
.do
179.5
171.4
185.0
174.6
166.9
177.8
173.1
167.7
174.1
174.1
167.6
176.0
172.4
160.8
178.7
171.8
156.8
180.8
176.6
169.1
179.5
181.1
174.2
183.4
179.1
174.1
180.3
178.8
170.5
182.6
175.7
167.9
179.6
168.3
159.9
171.9
Instruments and related products..
Clay, glass, and stone products
Lumber and products
Furniture and
fixtures
Miscellaneous manufactures
_do__
do
do
_do__
do
184.2
146.2
122.3
178.3
161.4
194.5
156.0
118.7
186.9
166.8
190.4
156.5
126.7
186.5
164.7
192.8
153.4
130.8
187.0
165.7
195.4
155.1
122.6
188.9
167.6
195.3
156.9
120.7
190.2
167.5
195.7
155.2
115.5
189.9
168.1
194.7
152.7
113.4
185.0
167.4
194.9
155.3
114.1
186.5
165.8
195.4
157.7
111.1
185.3
165.3
193.9
156.3
113.8
184.0
165.3
196.0
155.9
114.1
183.7
166.4
197.4
194.8 ' 193. 4
' 157. 4 ' 154. 6 ' 153. 0
112.0
109.7
179.0
183.3 ' 183. 4
r 167. 2 '168.2 ' 169. 7
Nondurable manufactures
Textile mill products
Apparel products
Leather and products
Paper and products
do
do
do
do
do
163.3
151.5
149.9
111.0
163.8
170.6
154.1
149.6
101.7
175.7
168.3
152.0
147.9
101.3
173.9
169.5
152.9
150.2
105.6
175.0
169.6
154.2
147.8
103.4
175.8
170.3
156.5
150.0
107.6
174.9
170.5
157.8
149.2
104.7
175.3
171.8
157.0
150.7
98.4
176.4
171.3
153.0
148.8
100.0
177.5
170.9
151.6
146.1
97.7
177.5
169.5
152.1
146.5
101.1
177.1
171.5
151.9
148.0
102.7
175.9
' 171. 5 ' 171. 0 ' 170. 0
' 150. 3 ' 150. 0 150.0
' 147. 9 147.6
98.0
96.8
' 178. 0 ' 173. 8 173.0
Printing and publishing
Newspapers
do
do
149.6
136.1
156.4
142.7
152.1
141.7
153.0
141.4
152.7
137.5
155.9
142.8
156.5
141.3
158.3
145.6
158.2
144.4
157.3
143.3
156.9
143.0
159.1
145.1
158.6
142.0
' 157. 9
141.7
157.5
142.1
Chemicals and products
Industrial chemicals
do
do
221.7
262.0
239.0
283.0
234.4
276.7
235.2
277.7
239.1
283.3
239.5
285.2
239.7
286.1
243.1
288.6
238.1
281.5
240.2
286.2
238.3
281.2
240.8
283.9
r 241. 7
' 241. 0
283.5
241.1
'283.8
' 143. 2
144.0
230.1
' 144. 7
' 137. 4 ' 140. 2
' 167. 2 168.9
143.8
139.5
179
169
169.7
158
Petroleum products
do
139.6
143.8
140.2
142.7
142.2
143.5
145.4
143.5
144.5
146.2
146.7
150.9
r 149. 5
Rubber and plastics products
Foods and beverages
Food manufactures
Beverages
do
do
do
do
222.0
136.4
132.7
156.5
238.3
140.7
136.8
161.8
232.8
140.9
137.2
160.9
236.2
141.5
136.7
167.2
234.2
140.5
136.7
160.6
237.0
138.6
136.6
149.4
237.3
138.3
136.1
149.8
238.3
139.9
135.8
161.7
239.9
143.1
137.8
171.3
240.0
142.2
137.0
169.9
238.6
138.0
132.6
166.7
240.2
141.0
137.5
159.7
r 234. 8
r 142. 1
Tobacco products
do
120.9
117.2
121.2
118.7
110.5
115.4
121.9
120,3
114.8
118.6
113.8
116.2
do
do
do
do
do
do
126.6
118.2
126.8
130.5
126.4
137.8
130.2
117.7
129.4
132.0
142.1
144.6
124.8
112.4
121.8
124.0
142.7
149.2
126.7
114.3
123.5
127.0
149.1
150.5
128.8
120.2
126.9
130.2
146.6
141.4
130.3
123.9
129.6
133.1
134.5
141.2
134.4
124.8
134.8
139.2
137.4
142.6
133.2
130.0
132.1
135.5
138.1
142.2
131.2
122.1
130.2
132.4
142.3
142.8
131.6
114.7
133.1
135.6
133.1
144.3
130.2
115.7
130.7
132.8
141.1
139.6
132.6
118.9
131.2
133.5
153.3
146.8
do
do
do
202.5
211.5
174.1
221.3
232.9
214.9
225.5
215.1
225.7
216.3
226.9
213.6
223.1
215.6
225.9
222.2
234.2
222.6
234.4
222.5
234.1
226.0
238.5
226.0
238.3
227.9
240.5
165.1
156.9
175.0
170.9
162.6
179.5
169.3
161.7
179.6
170.8
162.8
181.8
170.2
161.8
177.9
170.0
160.7
177.6
170.7
161.5
183.0
172.8
164.4
184.5
172.7
164.2
182.4
172.2
162.8
179.3
170.9
161.2
176.8
168.4
160.5
167.2
'168. 5
160.7
' 164.4
168.2
161.0
' 162. 5
169.0
161.7
165.7
170.2
162.8
171
Automotive products
do
Autos
._ _„_
._
do
Auto parts and allied products. __ do
Home goods 9
do
Appliances, TV, and radios
do
Furniture and rugs
do
174.3
174.8
173.8
175.4
168.4
173.7
173.1
162.8
186.7
183.9
179.8
180.2
174.7
165.0
187.6
183.0
179.1
181.2
175.4
165.0
189.0
186.3
182.9
182.0
166.1
149.6
187.9
186.1
182.0
183.3
165.8
148.9
188.0
185.9
182. 0
183.4
178.7
168.3
192.3
186.1
180.2
184.0
184.6
178.7
192.4
184.4
181.8
180.0
179.5
178.4
181.0
184.5
181.9
179.7
176.6
169.9
185.4
181.2
176.5
177.9
172.8
164.0
184.4
179.5
175.2
175.7
168.0
153.8
186.7
166.7
142.2
176.0
' 160. 9
141.6
' 155. 2
132.9
184. 6
167. 6
143. 7
174. 1
'
' 166. 8 '
140.1 '
' 175. 0 '
151.5
127.6
182.9
175.7
170.0
169.8
159
139
r 186. 2
Apparel and staples.
do
Apparel , incl. knit goods and shoes. .do
Consumer staples.
do
Processed foods
do
151.2
139.5
154.5
132.6
157.2
138.8
162.5
136.6
156.0
141.4
160.2
136.7
156.8
142.9
160.8
136.4
156.6
140.6
161.2
137.1
155.3
141.5
159.2
136.4
154.7
137.4
159.6
136.1
158,1
140.9
162.9
135.3
158.4
138.0
164.1
138.8
157.6
135.9
163.7
137.9
156.2
136.4
161.8
132.3
158.3
137.5
164.2
136.5
159.5
' 137. 7
' 165. 7 '
' 137. 0 '
160.6
136.3
167. 4 ' 167. 3
138. 7 138.5
Beverages and tobacco
do
Drags, soap, and toiletries
do...
Newspapers, magazines, books.. .do
Consumer fuel and lighting
do
144.5
193.4
143.3
183.4
146.8
209.1
147.2
199.6
147.5
203.7
145.7
192.0
150.9
205.0
143.3
193.6
143.7
209.9
145.9
194.1
137.9
208.0
147.3
189.8
140.4
206.1
146.3
192.7
147.8
211.9
147.5
201.6
152.3
207.2
147.6
201.1
152. 6
208.6
149.8
198.6
148.9
210.4
147.1
203.9
145.0
213.2
148.9
206.0
' 149. 6 151.7
217.0 ' 217. 6
149.7 ' 147. 7
'206.0
210.5
Equipment, including defense 9
do__.
Business equipment
do
Industrial equipment
do. _ _
Commercial equipment
do
Freight and passenger equipment.. do.._
Farm equipment
do...
182.6
184.7
168.2
205.2
234.3
145.0
188.6
195.6
179.1
220.0
246.7
137.0
185.5
191.9
175.7
214.3
244.4
133.0
187.8
192.9
176.7
217.3
242.3
135.6
188.4
194.1
178.6
220.1
239.7
133.9
190.0
195.7
180.9
221.7
238.4
134.9
190.4
197.0
182.7
221.0
240.8
135.2
190.8
196.9
181.2
220.5
250.5
124.4
190.3
197.0
180.3
221.3
249.7
136.0
192.4
200.4
183.9
222.9
251.9
146.8
191.9
200.9
182.9
224.9
254.5
153.1
185.6
194.4
174.4
223.3
252.8
136.5
' 185. 2
' 193. 8
176.3
223.6
240.9
' 135. 4
do
do
do
do
do
165.8
157.8
164.2
185.1
145.9
174.5
165.5
163.9
191.9
152.3
170.8
162.6
167.7
189.3
154.2
172.1
164.0
163.2
190.7
154.5
172.9
165.8
157. 9
190.3
153.2
174.5
165.5
156.6
191.7
153.0
176.3
167.0
162.7
193.2
151.7
176.5
167.0
163.0
193.2
150.0
175.9
167.3
169.5
195.1
149.9
176.0
166.6
171.7
197.2
149.8
175.4
165.8
166.4
194.8
149.6
174.6
163.5
158.5
190.7
150.2
173.9
172.5 ' 170. 6
' 161. 8 ' 159. 7 ' 157. 1
150.9 ' 146. 6 142.6
188.9
189.8
188.6
' 150. 4 ' 150. 8 148.4
do.
do
do
do. . -
174.1
157.6
156.6
158.1
183.9
166.6
168.6
165.5
179.2
164.4
168.1
162.5
180.3
165.3
170.4
162.7
180.3
162.3
165.0
160.9
183.7
165.9
168.2
164.7
185.9
166.3
167.5
165.7
186.4
167.1
165.5
167.9
184.7
167.4
166.7
167.8
185.5
167.0
167.8
166.6
185.3
167.4
169.9
166.1
186.0
166.9
165.6
167.6
' 186. 5 ' 185. 7
'168.5 ' 166. 9
' 174. 0 T 173. 1
' 165. 8 '163.8
184.5
163.6
167.1
161.8
184
do. _
_ do
do...
152.0
133.0
200.2
158.2
134.9
152.3
127.7
212.5
153.7
130.2
211.7
156.9
134.2
213.7
159.3
137.4
214.9
162.8
141.8
216.1
161.6
139.7
216.7
159.4
136.5
217.3
159.8
137.7
221.1
160.4
160.4
135. 7
136.5
222.8
220.9
9 Includes data for items not shown separately.
' 161. 7 ' 160. 6
' 137. 7 ' 136. 2
222.5
222.4
162.3
137.2
163
138
Mining
_ _
Coal
Crude oil and natural gas. _.
Crude oil
_.
Metal mining
Stone and earth minerals
...
Utilities .
Electric
Gas
By market groupings:
Final products, totalcf.Consumer goods
__
Automotive and home goods
do
do
_ . do _
Materials^
._ ...
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.
'Revised.
» Preliminary.
_
a* See corresponding note on p. S-3.
115.1
117.8
' 134. 4 ' 132. 5 ' 134. 0
122.3
119.3
113.1
' 132. 6 ' 132. 4 132.0
133.4
' 135. 0 134.6
r 152. 3 ' 155. 6 149.7
154.8 ' 144. 0 153.4
' 230. 1 ' 232. 6
243.1
136.1
122
134
135
230.5
167
218.5
148.1
' 183. 7 '186.3
' 192. 8 ' 196. 9
175.0
184.9
' 223. 0 222.3
' 239. 5 232.6
138.4
186.1
197
170.8
158
SUKVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
S-5
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES §
Mfg and trade sales (unadj ) total
Mfg. and trade sales (seas adj.), total
Manufacturing , total
Durable goods industries
Nondurable goods industries
Retail trade, total
.. ..
Durable goods stores
Nondurable goods stores
Merchant wholesalers, total
Durable goods establishments _
Nondurable goods establishments
mil $
U,162,985 11,243,676 95,642 102,332 103,386
105,368 107,145
99, 535 102,861 107,212
111,053 105,392
110,580 ' 97,419 100, 156
106,907
105,666
104,758 '104,961 106, 095
56,434
31, 742
24, 692
56,999
31,889
25, 110
55,988
30,944
25,044
55,277 ••55,099
30,201 '30,042
25,076 ' 25,057
55, 512
30, 245
25, 267
29,346
9,161
20, 185
29,259
9,384
19, 875
29, 620
9,354
20,266
29,471
9,229
20, 242
29,419 ' 29,570
9,275 '8,886
20,144 '20,684
29, 942
9,102
20, 840
20,059
9,178
10, 881
20, 210
9,304
10,906
20,288
9,359
10,929
20, 207
9,352
10, 855
20,062 ' 20,292
9,102 '9,201
10,960 '11,091
20, 641
9,338
11, 303
11,162,985 11,243,676 101,358
101,475
102,319
103,232 104,127 104,201 104,644 105,903
1603,718 i 655, 335 53,302
do
_ _ d o _ 330, 951 363,601 29,914
do
272, 767 291, 734 23,388
53, 078
29,530
23,548
53,298
29,643
23, 655
53,741
29,573
24,168
54, 786
30,136
24,650
55, 392
30,605
24, 787
55, 239
30,868
24, 371
1° 339, 324 i 351, 633 29,257
..do
9,597
do
110,245 112, 779
do . 0 229, 079 238, 854 19,660
28,881
9,377
19,504
29, 409
9,575
19,834
29,386
9,481
19,905
29,371
9,545
19, 826
29, 090
9,141
19, 949
19, 516
9,071
10,445
19, 612
9,132
10, 480
20,105
9,307
10,798
19, 970
9,263
10, 707
19, 719
9,114
10, 605
do
do
1219,943 1236,708
._ do . 100,012 109, 578
do
119,930 127, 130
18,799
8,938
9,861
BUSINESS INVENTORIES§
Mfg. and trade inventories, book value, end of year
or month- (unadj.), total.. mil. $
152,072
164,087
155,475 157,745 159,365 160,104 159,762 159,719 159,772 161,368 164, 196
166,012
164,087 '164,437 166, 699
Mfg. and trade inventories, book value, end of year
or month (seas, adj.) , total
mil. $
153, 764
166, 106
155,339
156,401 157,477 158,602 159,264 160,631 161,659 162,733 164,250
164,974
166,106 '165,816 166, 680
Manufacturing, total
do
Durable goods industries
do
Nondurable goods industries
_ do _
Retail trade, total.. _ . _ . . .
do
Durable goods stores
do
Nondurable goods stores ._
do
Merchant wholesalers, total
_
do
Durable goods establishments
_. _. do
Nondurable goods establishments
do
88, 579
57, 422
31, 157
42, 657
19, 461
23, 196
22, 528
13,454
9,074
95,905
63,550
32, 355
45,838
20, 597
25,241
24,363
14, 579
9,784
89,556
58,282
31,274
43, 014
19,487
23,527
22,769
13,532
9,235
90, 317
58,978
31,339
43,004
19,542
23, 462
23,080
13, 681
9,399
91, 018
59, 426
31, 592
43, 118
19, 567
23, 551
23, 341
13, 860
9,481
92,139
60,222
31,917
43,025
19,044
23,981
23, 438
13, 897
9,541
92, 215
60,479
31, 736
43, 438
19, 365
24, 073
23, 611
14,004
9,607
95, 416
63,076
32, 340
45,537
20,602
24, 935
24, 021
14, 389
9,632
95,905
63,550
32,355
45,838
20,597
25,241
24,363
14,579
9,784
'96,062
'63,835
' 32,227
' 45,270
' 20,103
' 25,167
' 24,484
' 14,636
'9,848
96,703
64,104
32, 599
45, 337
19, 936
25, 401
24, 640
14, 627
10, 013
93, 166
61, 441
31, 725
43, 874
19, 358
24, 516
23, 591
14, 089
9,502
93, 728
61, 724
32,004
44, 322
19, 756
24, 566
23, 609
14, 220
9,389
94,211
62,036
32, 175
44,806
20,079
24,727
23, 716
14, 182
9,534
94,916
62,631
32,285
45, 378
20,564
24, 814
23,956
14,365
9,591
BUSINESS INVENTORY-SALES RATIOS
Manufacturing and trade, total - .
Manufacturing, total .
Durable goods industries
Materials and supplies
Work in process. .
Finished goods
Nondurable goods industries
Materials and supplies. _
Work in process _
Finished goods
Retail trade, total .
Durable goods stores.
Nondurable goods stores
1.53
1.54
1.53
1.54
1.54
1.54
1.53
1.54
1.54
1.54
1.54
1.56
1.59
1.58
1.57
do
. do
do
do
do
1.70
2.01
.59
.92
.50
1.69
2.00
.56
.93
.51
1.68
1.95
.56
.90
.49
1.70
2.00
.58
.92
.50
1.71
2.00
.57
.93
.51
1.71
2.04
.58
.94
.52
1.68
2.01
.57
.93
.51
1.68
2.01
.56
.94
.51
1.70
2.00
.55
.94
.51
1.67
1.95
.54
.92
.50
1.67
1.96
.54
.92
.50
1.70
2.04
.56
.96
.52
1.73
2.10
.58
.99
.54
1.74
'2.12
.59
1.00
.54
1.74
2.12
.59
.99
.54
do
_ _ do
do
do
1.33
.50
.20
.62
1.31
.48
.21
.62
1.34
.49
.21
.63
1.33
.49
.21
.63
1.34
.49
.21
.63
1.32
.49
.21
.63
1.29
.47
.20
.61
1.28
.47
.20
.61
1.31
.48
.20
.62
1.30
.48
.20
.62
1.29
.48
.20
.60
1.29
.48
.20
.61
1.29
.47
.20
.62
1.29
'.46
.20
'.62
1.29
.47
.20
.62
do
do
do
1.44
2.00
1.18
1.50
2.10
1.21
1.47
2.03
1.20
1.49
2.08
1.20
1.47
2.04
1.19
1.46
2.01
1.20
1.48
2.03
1.21
1.51
2.12
1.23
1.51
2.16
1.22
1.53
2.14
1.24
1.53
2.20
1.22
1.55
2.23
1.23
1.56
2.22
1.25
'1.53
'2.26
'1.22
1.51
2.19
1.22
1.20
1.54
.91
1.19
1.53
.89
1.21
1.51
.94
1.18
1.51
.90
1.19
1.52
.90
1.17
1.49
.88
1.18
1.51
.90
1.20
1.55
.90
1.18
1.55
.86
1.17
1.52
.87
1.18
1.53
.88
1.19
1.54
.89
1.21
1.60
.89
'1.21
1.59
'.89
1.19
1.57
.89
14, 944
17, 189
1,256
1,299
1,452
1,353
1,449
1,430
1,446
1,396
1,435
1,392
1,378
1,530
1,295
1,424
1,465
1,486
1,653
1,637
1,485
1,470
1,741 ' 1, 457
1,574 ' 1, 551
1,628
1,683
54,406
57, 484
50, 501
53, 401
57,991
58, 473
55, 833
53,914 ••51,555
56, 186
32,188
1,592
4,946
2,262
32, 451
1,604
5,024
2,316
30, 891
1,450
4,849
2,198
30,067
1,335
4,651
2,121
'27,886
'1,250
' 4, 931
'2,365
30,633
1,358
4,971
2,204
3,142
5,319
3,699
8,050
3,865
1,213
'2,969
' 5, 017
' 3, 319
'6,668
'3,666
1,035
3,088
5,776
3,717
7,713
3,938
1,144
ratio
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
do
603, 718
655, 335
53,933 55,254
54, 693
do
do
do
do
330, 951
15, 754
50, 457
24, 901
363, 601
17, 219
57, 135
26, 493
30,287 31, 054
1,387
1,295
4,884
4,741
2,305
2,153
30,654
1,438
4,893
2,305
30,391
1,450
4,883
2,275
32,317
1,532
4,991
2,312
27, 225
1,407
4,360
2,101
28, 745
1,531
4,584
2,148
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Motor vehicles and parts
Instruments and related products
do
do
do
do
do
do
34, 180
58,047
42, 353
84, 163
47, 638
11,370
37, 024
64,551
45, 376
91, 450
50, 144
13,563
2,994
5,720
3,867
7,814
4,446
1,101
3,109
5,559
3,686
7,654
4,281
1,068
3,031
5,420
3,674
7,652
4,223
1,085
3,318
5,918
4,076
7,954
4,615
1,217
2,876
4,856
3,536
6,224
3,093
1,023
3,135
5,095
3,739
6,302
2,955
1,166
3,249
5,700
4,098
8,101
4,625
1,287
3,371
5,469
4,064
8,530
4,973
1,176
3,133
5,237
3,847
8,236
4,439
1,204
Nondurable goods industries, total 9
Food and kindred products
Tobacco products
Textile mill products
do
do
do
do
272, 767
90, 157
4,922
21,458
291, 734
96,717
5,121
21, 262
23,646 24,200
7,644
7,825
404
399
1,752
1,830
24, 039
7,662
414
1,756
24,015
7,831
439
1,717
25, 167
8,278
462
1,854
23, 276
7,809
437
1,507
24, 656
8,159
453
1,852
25, 803
8,708
454
1,884
26. 022
8,677
414
1,990
24, 942
8,383
438
1,847
Paper and allied products
Chemicals and allied products
Petroleum and coal products.
Rubber and plastics products
do
do
do
do
24, 208
46, 465
22, 267
14, 265
26, 951
48, 698
24, 555
16, 552
2,259
4,106
1,930
1,387
2,256
4,254
1,971
1,413
2,230
4,251
2,054
1,380,
2,343
4,274
2, 155
1,485
2,157
3, 825
2,046
1,266
2,264
4, 040
2,088
1,311
2,338
4,268
2,155
1,423
2,350
4,230
2,082
1,594
2,278
4,036
2,142
1,405
Shipments (seas, adj.), total
By industry group:
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals.
Blast furnaces, steel mills
53,302 53, 078
53,298
53,741
54,780
55, 392
55, 239
56,434
56, 999
55, 988
55,277 '55,099
55, 512
do
do
do
do
31, 889
1,491
5,144
2,422
30, 944
1,459
5,013
2,338
30,201 '30,042
1,485 ' 1, 475
4,945 ' 5, 138
2,354 ' 2, 474
30, 245
1,522
4,809
2,146
Shipments (not seas, adj.), total
Durable goods industries, total?
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
do
3,009
5, 513
3,728
7,741
4,393
1,056
2,219
3,995
1,949
1,344
29, 914
1,454
4,585
2,096
29, 530
1,441
4,578
2,115
29, 643
1,422
4,571
2, 090
Fabricated metal products.
do
3,031
2,940
3,061
Machinery, except electrical
do
5,352
5,319
5, 270
Electrical machinery
do
3,685
3,725
3,737
Transportation equipment.
do
7,463
7,273
7, 340
Motor vehicles and parts .
do
4,212
4,042
3,997
Instruments and related products _ do
1.083
1.078
1.084
' Revised.
* See corresponding note on p. S-ll; revisions for Jan.-Nov. 1968 for mfg. and
trade sales, total
(unadj. and seas, adj.) will be shown later.
i Based on data not seasonally
2
adjusted.
Advance estimate; total mfrs. shipments for Feb. 1970 do not reflect revisions
for selected components. § The term "business" here includes only manufacturing and
29573
1,402
4,643
2, 119
30,130
1,381
4, 72s
2,21'J
30, 605
1,388
4,777
2,238
30, 868
1,414
4, 73'.)
2, 17ti
31, 742
1,478
5,016
2,329
23,847 '23,669 25, 553
8,414 '8,088
8,538
431
'414
405
1,647 ' 1, 626 1,759
2,187 '2,239
3,670 ' 3, 797
2,128 ' 2, 167
1,317 '1,390
2,396
4,269
2,156
1,521
3,180
3,286
3,01>4
3,259 '3,310
2,968
3,030
3,106
3,135
3,088
5,471
5,572
5, 4'2'J
5,228 '5,536
5,612
5,248
5, 504
5, 769
5,261
3,739
3,609 ' 3, 574
3,764
3,671
3, 943
3, 930
3,863
3, 873 3,900
7,920
7,244
7,593 ' 6, 825 7,441
7, 27 f>
7,916
8, 120
S,248 8,280
3,776
4,044
3,735 '3,608
3,910
4, 073
4,484
4,559
4, 605
4,781
1.142 ' 1. 171 1.177
1.103
1. 15«
1.101
1. 182
L212
1.133
1.186
trade; business inventories as shown on p. S-l cover data for all types of producers, both
farm and nonfarm. Unadjusted data for manufacturing are shown below and on p. S-6;
those for wholesale and retail trade on pp. S-ll and S-12.
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated in footnotes below, data
through 1968 and descriotive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
I 1969
Annual
April 1970
1969
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Shipments (seas, adj.)— Continued
By industry group:
Nondurable goods industries total 9 niil $
Food and kindred products
do
Tobacco products
do
Paper and allied products
Chemicals and allied products
do
do
Rubber and plastics products
do
By market category:
i 55, 126
Home goods and apparel
._ -do
1 115, 551
Consumer staples
do
i 96, 115
Equipment and defense prod., excl. auto.do
Automotive equipment
do _. i 54, 048
i 48, 587
Construction materials and supplies
do
1 234, 291
Other materials and supplies
do
Supplementary series:
» 24, 031
Household durables
do
» 46, 201
Defense products (old series)
do
* 23, 917
Defense products (new series)
do
i 68, 757
Machinery and equipment .
do
Inventories, end of year or month:
Book value (unadjusted) total
Durable goods industries, total
Nondurable goods industries total
23,388
7,624
415
1,740
2,201
3,980
1,949
1,328
23, 548
7,778
411
1,784
2,186
3,892
1,971
1,327
23, 655
7,755
421
1,758
2,226
3,913
1,988
1,333
24,168
7,869
439
1,751
2,241
4,063
2,067
1,335
24,650
8,085
422
1,771
2,259
4,095
2,103
1,403
24,787
8,114
425
1,789
2,333
4,118
2,030
1,395
24, 371
8,156
432
1,785
2,234
4,100
2.071
1,352
24, 692
8,259
442
1,761
2,263
4,120
2,138
1,424
25, 110
8,416
423
1,841
2,285
4,178
2,065
1,542
25, 044
8,390
436
1,774
2,292
4,255
2,155
1,449
25,076 ••25,057
8,624 ' 8, 452
438
'456
1,745 ' 1, 779
2,283 ' 2, 351
4,110 ' 3, 986
2,140 ' 2, 206
1,365 ' 1, 474
25, 267
8,505
422
1,740
2,373
4,252
2,149
1,499
i 56, 585 4,715
1 124, 395 9,841
i 108, 355 8,828
i 57, 175 4,764
i 54, 130 4,637
i 254, 695 20, 517
4,703
9,927
8,738
4,572
4,517
20, 621
4,738
9,981
8,886
4,531
4,531
20,631
4,820
10,116
8,889
4,476
4,494
20,946
5f066
10, 322
8,864
4,650
4,452
21, 432
5,017
10,508
8,960
5,102
4,404
21,401
4,646
10, 477
9,177
5,298
4,399
21, 242
4,646
10,562
9,303
5,422
4,520
21, 981
4,667
10, 876
9,447
5,243
4,614
22, 152
4,354
10,827
9,459
4,647
4,595
22, 106
4,505
11,035
9,146
4,332
4,537
21,722
' 4, 484
' 10, 854
'r 9, 073
4, 185
'4,537
'21,966
4,394
10, 970
9,527
4,344
4,384
21, 893
25, 601
50,114
24, 511
75, 694
2,165
4,009
1,851
6,263
2,126
4,001
1,875
6,212
2,159
4,128
2,035
6,160
2,128
4,117
1,971
6,219
2,250
4,029
1,989
6,316
2,280
4,182
2,077
6,198
2,141
4,143
2,141
6,457
2,145
4,068
2,062
6,806
2,150
4,409
2,110
6,432
1,951
4,549
2,244
6,432
1,984
4,518
2,284
6,179
' 1, 937
' 3, 970
' 1, 798
' 6, 380
1,937
4,391
1,946
6,552
93, 415
61,643
31, 772
94, 118
62, 173
31,945
94,755
62, 570
32, 185
i
i
i
i
do
do
do
88, 239
57, 034
31, 205
95, 475
63, 106
32, 369
90, 158
58,568
31, 590
90,885
59,293
31, 592
91, 779
59, 973
31,806
92,808
60,805
32,003
92, 509
60,863
31,646
92,682
61,113
31,569
93, 262
61, 541
31, 721
do
88, 579
95, 905
89, 556
90, 317
91, 018
92,139
92, 215
93,166
93,728
94, 211
94, 916
do
do
do
do
57, 422
2,219
7,552
4,039
63,550
2,483
8,052
4,312
58,282
2,372
7,554
4,042
58, 978
2,361
7,627
4,074
59, 426
2,391
7,682
4,121
60,222
2,390
7,764
4,200
60, 479
2,431
7,798
4,194
61,441
2,463
7,800
4,185
61, 724
2,453
7,907
4,234
62, 036
2,458
7,937
4,255
62,631
2,449
7,925
4,234
Fabricated metal products
do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
do
^lotor vehicles and parts
do
Instruments and related products. .do
6,287
11,310
8,560
13, 939
4,257
2,183
6,613
13, 180
9,346
15, 561
4,156
2,476
6,129
11, 738
8,592
14, 186
4,226
2,275
6,220
11,837
8,735
14, 350
4,289
2,319
6,267
11, 946
8,762
14, 482
4,263
2,345
6,305
12,149
8,957
14,689
4,216
2,339
6,358
12,294
8,913
14, 714
4,175
2.387
6,407
12,542
9,044
15,154
4,306
2,407
6,371
12,606
9,086
15, 177
4,237
2,412
6,434
12, 697
9,203
15, 129
3,944
2,416
By stage of fabrication:
Materials and supplies 9
do
Primary metals
do
Machinery (elec. and nonelec.)...do
Transportation equipment
do
16,637
2,787
4,821
3,402
17, 572
2,824
5,556
3,293
16, 613
2,765
4,935
3,301
16,980
2,824
5,003
3,388
16, 935
2,814
5,024
3,348
17,055
2,843
5,117
3,332
17,045
2,806
5,143
3,291
17,159
2,760
5,140
3,444
17,011
2,800
5,169
3,206
do
do
do
do
26, 357
2,547
9,472
9,162
29, 796
2,780
10, 702
10,683
26,961
2,535
9,769
9,436
27,264
2,573
9,879
9,561
27,463
2,609
9,948
9,657
27,872
2,612
10,102
9,854
28, 072
2,674
10, 134
9,927
28,714
2,687
10,355
10,232
Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.) ---do
Transportation equipment
do
14, 428
2,218
5,577
1,375
16, 182
2,448
6,268
1,585
14,708
2,254
5,626
1,449
14,734
2,230
5,690
1,401
15,028
2,259
5,736
1,477
15,295
2,309
5,887
1,503
15, 362
2,318
5,930
1,496
Nondurable goods industries, total 9 ..do
Food and kindred products
do
Tobacco products
do
Textile mill products
do
Paper and allied products
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products
do
By stage of fabrication:
Materials and supplies
do
Work in process
do
Finished goods
do
31, 157
7,370
2,261
3,539
2,384
5,937
2,118
1,801
32, 355
7,230
2,200
3,501
2,632
6,634
2,274
1,888
31, 274
7,248
2,203
3,534
2,419
6,088
2,076
1,831
31, 339
7,215
2,226
3,548
2,420
6,177
2,069
1,799
31, 592
7,293
2,203
3,581
2,439
6,255
2,061
1,811
31,917
7,416
2,209
3,565
2,458
6,336
2,077
1,837
11, 598
4,855
14,704
11, 792
5,100
15, 463
11, 554
5,014
14,706
11, 519
4,943
14,877
11, 672
4,970
14, 950
9,469
11, 786
22, 191
5,199
7,410
32, 524
9,922
12, 084
25, 865
5,277
8,001
34, 756
9,490
11, 807
22, 753
5,235
7,540
32, 731
9,667
11,830
22,970
5,332
7,640
32,878
4,645
11, 513
7,126
14, 038
5,092
13, 204
7,472
16,305
4,717
11,675
7,324
14, 494
607, 161
334, 422
272,739
657, 780
366, 054
291, 726
Book value (seasonally adjusted) total
By industry group:
Durable goods industries total 9
Stone clay and glass products
Primary metals
Blast furnaces steel mills
Work in process 9
Primary metals
Machinery (elec and nonelec )
Transportation equipment
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl. auto....do
Automotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary series:
Household durables
do
Defense products (old series)
do
Defense products (new series)
do
Machinery and equipment
do
95,475 '96,271
63,106 '63,702
32,369 '32,569
97, 284
64, 379
32, 905
95,416
95,905 '96,062
96, 703
63,076
2,471
8,009
4,272
63,550 '63,835
2,483 '2,506
8,052 ' 8, 104
4,312 ' 4, 260
64, 104
2,540
8,159
4,306
6,478
12,909
9,307
15, 358
4,024
2,427
6,550
13,080
9,327
15, 388
4,063
2,434
6,613 ' 6, 660 6,667
13,180 ' 13, 241 13, 402
9,346 ' 9, 407 9,486
15,561 ' 15, 636 15, 540
4,156 ' 4, 231 4,168
2,476 ' 2, 484 2,528
17,023
2,831
5,237
3,090
17, 104
2,802
5,389
3,038
17, 194
2,771
5,456
3,078
17,572 ' 17, 598
2,824 ' 2, 888
5,556 ' 5, 484
3,293 ' 3, 244
17, 716
2,937
5,569
3,174
28,977
2,720
10, 405
10, 441
29, 224
2,722
10, 495
10,543
29,494
2,712
10, 542
10, 749
29,660
2,779
10,650
10, 742
29,796 '29,987
2,780 ' 2, 818
10,702 ' 10, 805
10,683 ' 10, 845
29, 942
2,774
10, 815
10,811
15,568
2,353
6,091
1,478
15, 736
2,387
6,118
1,530
15, 789
2,384
6,168
1,496
16,033
2,411
6,285
1,571
16,222
2,459
6,301
1,568
16,182 ' 16, 250
2,448 ' 2, 398
6,268 ' 6, 359
1,585 ' 1, 547
16, 446
2,448
6,504
1,555
31, 736
7,418
2,211
3,539
2,448
6,332
2,079
1,808
31,725
7,296
2,230
3,509
2,486
6,395
2,078
1,851
32,004
7,367
2,251
3,586
2,469
6,418
2,075
1,885
32, 175
7,399
2,225
3,564
2,513
6,467
2,108
1,890
32, 285
7,292
2,240
3,524
2,581
6,526
2,156
1,879
32, 340
7,302
2,233
3,447
2,614
6,566
2,197
1,871
32,355
7,230
2,200
3,501
2,632
6,634
2,274
1,888
'32,227
'7,200
2,165
' 3, 455
' 2, 661
' 6, 551
' 2, 320
' 1, 914
32, 599
7,467
2,143
3,469
2,660
6,587
2,302
1,932
11,783
5,016
15,118
11,704
4,946
15, 086
11,684
4,945
15,096
11, 790
4,988
15, 226
11,837
5,028
15, 310
12,048
5,062
15, 175
11,963
5,058
15, 319
11,792 ' 11, 629
5,100 ' 5, 103
15,463 ' 15, 495
9,738
11, 903
23,066
5,330
7,723
33, 258
9,850
12,039
23,582
5,323
7,714
33,631
9,696
12, 077
23, 792
5,287
7,761
33, 602
9,732
12,001
24, 349
5,449
7,832
33,803
9,832
12, 145
24,600
5,368
7,783
34,000
9,924
12,206
24, 979
5,086
7,831
34, 185
9,980
12, 108
25, 387
5,128
7,864
34,449
9,988
12, 152
25,587
5,157
7,939
34,593
9,922
12,084
25,865
5,277
8,001
34,756
' 9, 903
' 12, 087
'25,884
' 5, 356
' 7, 990
'34,842
9,936
12, 379
26, 016
5,304
8,006
35,062
4,821
11,741
7,327
14, 702
4,867
11, 824
7,374
14, 852
4,925
12,194
7,508
15,070
4,872
12, 164
7,485
15,300
4,961
12,454
7,713
15,621
5,055
12, 621
7,690
15, 662
5,121
12,880
7,793
15, 799
5,137
13,020
7,759
16, 109
5,166
13, 056
7,615
16,240
5,092
13,204
7,472
16,305
' 5, 156
' 13, 101
' 7, 472
'16,425
5,162
13, 086
7,310
16,611
54,850
31, 125
23, 725
55, 696
31, 449
24, 247
56, 010
31, 896
24, 114
54,204
30,175
24,029
56, 743
31,544
25, 199
51,551
28,355
23,196
53,001
28,420
24,581
58,450
32,671
25, 779
57, 939
31, 942
25, 997
55,274
30,334
24, 940
53,424 '51,285
29,612 '27,695
23,812 '23,590
55, 775
30, 133
25, 642
54,749
11, 864
4,947
15, 788
New orders, net (not seas, adj.), total
Durable goods industries, total
Nondurable goods industries, total
...do
do
do
New orders, net (seas, adj.), total
By industry group:
Durable goods industries total 9
Primary metals
Blast furnaces, steel mills
do
607, 161
657, 780
53, 901
53,283
54, 635
54,133
53, 861
55, 793
54,799
56,829
56, 917
56,242
55,362 '53,868
do
do
do
334, 422
49, 790
24, 380
366,054
58,491
27,280
30, 482
4,666
2,071
29,697
4,614
2,110
30, 944
4,806
2,307
29,998
4,772
2,246
29,171
4,825
2,308
31,069
5,161
2,510
30,482
5,001
2,370
32, 135
5,313
2,592
31, 795
5,300
2,571
31,188
4,751
2,190
30,295 '28,909 29, 433
4,760 ' 4, 787 4,455
2,007 ' 2, 079 1,859
Fabricated metal products
Machinery, except electrical
Electrical machinery
Transportation equipment
Aircraft, missiles, and parts
do
do
do
do
do
35, 276
58, 286
42, 330
86, 790
31, 514
37, 692
66,963
45, 682
89, 391
30,923
2,841
5,626
3.767
7,842
3,031
2,980
5,538
3,746
7,107
2,492
3,158
5,650
3,928
7,695
2,562
3,119
5,579
3,710
7,228
2,564
3,157
5,627
3,664
6,341
1,796
3,197
5,433
4,079
7,554
2,502
3,091
5,513
3,707
7,657
2,468
3,340
6,152
3,688
7,885
2,216
3,437
5,635
4,097
7,673
2,586
3,276
5,453
3,619
8,429
3,279
3,384 ' 3, 024
5,548 ' 5, 390
4,110 ' 3, 667
6, 995 ' 6, 414
2,728 ' 2, 201
Nondurable goods industries, total
do
272, 739 291, 726 23, 419 23,586 23, 691
80,293 6.504
Industries with unfilled orders©
__do
74, 348
6,568
6,637
Industries without unfilled ordersl
do _. 198. 391 211.433 16. 915 17. 018 17. 054
T
2
Revised.
i Based on data not seasonally adjusted.
Advance estimate; total mfrs.
new
orders for Feb. 1970 do not reflect revisions for selected components.
9 Includes data
Digitized for
for FRASER
items^ not shown separately.
elncludes textile mill products, leather and products,
http://fraser.stlouisfed.org/
paper and allied products, and printing and publishing industries; unfilled orders for other
Federal Reserve Bank of St. Louis
2,956
5,540
3,737
7,234
2,833
24,135 24, 690 24,724 24,317 24,694 25, 122 25,054 25,067 24, 959 25, 316
6,804 •- 6, 799
6,945
6,616
6,853
6,856
6,912
6,634
6,748
6,709
17.501 17.942 17.868 17, 701 17. 985 18. 210 18.201 18,263 18. 160 18, 371
nondurable goods industries are zero.
IfFor these industries (food and kindred products, tobacco products, apparel and related
products, petroleum and coal products, chemicals and allied products, and rubber and plastics
products) sales are considered equal to new orders.
April 1970
SURVEY
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
OF CURRENT BUSINESS
1969
1969
Feb.
Annual
s-7
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
New orders, net (seas, adj.)— Continued
By market category:
Home goods and apparel
mil $ 22 55 173
115,594
Consumer staples
do
22 98, 601
Equip, and defense prod., excl. auto
do
Automotive equipment. _
do
54, 554
2
Construction materials and supplies
do
49 522
Other materials and supplies
- _ . do_ __2 233, 717
Supplementary series:
2
24, 120
Household durables
do
2
47, 409
Defense products (old series)
. do
Defense products (new series) _ _
- - do
2
69, 650
Machinery and equipment
do
2
4,764
9,845
9,520
4,743
4,507
20, 522
4,801
9,920
8,719
4,581
4,493
20, 769
4,750
9,969
9,305
4,665
4,642
21, 304
4,709
10,110
8,761
4,655
4,561
21,337
5,030
10, 327
8,063
4,547
4,499
21, 395
5,072
10,499
9,195
5,039
4,479
21,509
4 547
10, 470
8,720
5,310
4,459
21, 293
4,635
10,563
9,614
5,412
4,784
21, 821
4,625
10, 884
9,021
5,086
4,751
22, 550
4 283
10, 826
10,021
4,773
4,708
21, 631
4 528
11,028
9,570
4,297
4,490
21,449
2
25, 461
22 47, 291
23, 114
2 78, 641
2,235
4,392
2,313
6,511
2,204
3,806
2,152
6,414
2,156
4,015
2,076
7,099
2,026
3,811
1,787
6,428
2,226
2,869
1,268
6,528
2,346
4,047
2,380
6,346
2,036
3,773
1,464
6,245
2,123
3,368
1,415
7,352
2,115
4,153
1,889
6,450
1,890
4,630
2,419
6,696
2,001
4,400
2,108
6,490
85, 938
82,946
2,992
88,412
85, 445
2,967
88,041
84,988
3,053
88, 480
85, 380
3,100
89, 796
86, 621
3,175
89, 595
86, 407
3,188
88,847
85,631
3,216
89,892
86,759
3,133
89,493
86,435
3,058
89, 952
86, 918
3,034
89, 415
86, 410
3,005
88, 859
85, 854
3,005
87, 152
89, 714
88,064
88, 267
89,603
89, 986
89,058
89,456
89,014
89, 411
89, 333
89 583
89, 714 '88 488
84, 071
6,327
3,100
86,668
7,726
3,921
84,994
6,575
3,109
85, 159
6,611
3,104
86, 461
6,848
3,316
86, 878
6,975
3,442
85,910
7,073
3,538
86,369
7,456
3,810
85,984
7,718
4,004
86, 377
8,015
4,267
86,288
8,172
4,415
86, 530
7,909
4,267
86, 668 '85 539 84 729
7,726 '7 375 7 022
3,921 T 3, 526
3 239
10, 114
14, 790
13, 210
33, 670
26, 858
10,854
17, 243
13, 512
31, 605
24,212
9,716
15, 193
13, 251
34, 251
27, 345
9,756
15,410
13, 272
34,086
27, 173
9,854
15, 783
13, 461
34, 436
26, 987
10, 002
16, 113
13, 408
34, 388
26, 828
10,066
16,314
13,127
33,484
26,035
10,175
16,487
13,276
33,121
25,771
10,231
16,494
13,120
32,658
25,475
10, 436
16, 875
12, 935
32, 297
24, 957
10,588
16, 938
13, 133
31, 689
24, 535
10 684
16, 926
13 013
32,200
24 615
10, 854
17, 243
13,512
31, 605
24, 212
'10 569
' 17, 099
'13 606
31,192
'23 802
10 418
17 025
13 672
30* 986
23 606
3,081
3,046
3,070
3,108
3,142
3,108
3,148
3,087
3,030
3,034
3,045
3,053
3,046
' 2, 949
2 998
do
do_.
do
do..
2,220
47,300
10, 279
27, 353
2,017
48, 515
10,886
28,296
2,238
48,317
10,038
27, 471
2,328
48, 310
10, 013
27, 616
2,328
48, 863
10, 124
28,288
2,208
48, 913
10, 190
28, 675
2,176
48,006
10,237
28,639
2,223
48,173
10,312
28,748
2,117
47,727
10,373
28,797
2,110
48, 027
10, 636
28,638
2,075
47, 446
10, 774
29, 038
2 000
48,128
10,888
28 567
2,017 ' 1 974 1 968
48, 515 '48 261 48* 183
10, 886 ' 10, 592 10 456
28, 296 '27 661 27 120
do
do . .
do
do
1,790
33, 108
21, 818
22, 141
1,642
30, 273
20, 419
25, 126
1,834
33,546
22, 249
22, 489
1,911
33,350
22, 526
22,691
1,909
33, 237
22, 567
23, 627
1,805
32, 931
22, 383
23, 836
1,781
31,771
21,662
24,044
1,846
31,634
21,964
24,193
1,742
31,264
21,288
23,982
1,722
30, 565
20, 641
24, 527
1,686
30, 308
20, 420
24,549
1 625
30 390
20,595
24,818
1,642 ' 1 607 1 602
30, 273 '29 852 29 734
20, 419 ' 20, 433 20 335
25, 126 '25,160 25 169
233, 635
274, 267
20, 811
22, 199
23, 089
21, 353
24, 698
23, 220
23 694
23, 185
24, 128
23, 528
24, 015
23, 554
20, 990
22,967
21, 498
23, 138
25 059
24 046
19 109
23' 308
22 849 p24 380
22, 137 p22 048
9,636
1,106
1,670
1,513
4,366
981
9,154
1,159
1,590
1,493
4,070
731
79
127
112
353
60
868
111
144
126
407
80
823
109
148
142
363
61
812
105
157
122
360
68
792
109
148
126
324
85
689
113
131
113
283
49
702
86
126
108
303
79
726
90
124
110
338
64
815
90
145
136
350
94
759
115
134
131
313
66
84, 121 118, 761
9,176
9,068
15, 206 18, 679
21, 698 57, 845
23, 827 17, 471
14, 214 15, 698
92 605
7,917
20, 543
33, 043
20, 455
10, 647
91, 921
20, 430
10, 735
24, 026
22, 774
13, 956
36.4
36.9
39.8
Unfilled orders, end of year or month (unadjusted),
total .
mil. $-.
Durable goods industries, total
do
Nondur. goods ind. with unfilled orders© do
Unfilled orders, end of year or month (seasonally
adjusted), total .
_
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.. _ _ _ _ _ _ _ _ _ d o
Transportation equipment
do___
Aircraft, missiles, and parts.
do
Nondur. goods ind. with unfilled orders©. -do
By market category:
Home goods, apparel, consumer staples
Equip, and defense prod., incl. auto.
Construction materials and supplies
Other materials and supplies.
_ _ _
Supplementary series:
Household durables
Defense products (old series)
_.
Defense products (new series)
Machinery and equipment
56, 432
124, 361
109, 397
2 57, 315
2 54, 663
2
255, 612
2
2
r 4 443
4 392
' 10, 848 10 966
••8,880
9 560
' 4, 122
4 233
'4 243 4* 247
'21 332 21 351
' 1 899
'3 549
' 1, 812
••6 414
1 932
4 273
1 848
6 564
88, 412 ' 88, 146 87 735
85, 445 r 85, 258 84 758
2,967 ' 2, 888
2*977
87 727
BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
.
do
INDUSTRIAL AND COMMERCIAL
FAILUREScf
Failures, total
_
numberCommercial 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 concern s.
842
940, 996 1,142,113 89,993
87, 289 126, 537 12,323
212, 459 171, 717 15,411
291, 700 406, 450 30,951
220, 223 265, 122 20,494
129, 325 172, 287 10, 814
2
38. 6
2
37. 3
35.6
38.0
112,727 62 830
8,047
4,347
19,457 10, 293
63, 474 19, 252
17, 189 17, 851
4,560 11, 087
73, 698 116 443 127 138
9,416 13, 696
7,938
10, 173 21, 151 13 033
18,412 28, 532 42, 799
24, 016 34, 647 21 192
11,681 18, 417 42 176
748
87
105
146
351
59
734
84
114
140
342
54
817
84
155
164
335
79
96 849 137 282 139 388
18, 505 37,608
7 770
6 968 20 835 36 504
39, 162 42,260 66 589
21 800 24 979 21 655
10 414 11 600
6 870
34.9
36.0
39.9
39.5
40.9
38.2
33.7
39 4
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products
Crops?
Commercial vegetables
Cotton
Feed grains and hay
Food grains
.
Fruit
Tobacco
Livestock and products 9
Dairy products
Meat animals.
_
Poultry and eggs
_
1910-14= 100. _
do
do
do
do
do
do
_ _
do
do
do
do
___
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
261
229
313
192
159
160
303
567
288
318
346
142
277
224
337
173
166
154
256
594
322
330
399
160
267
226
336
166
165
156
272
583
302
329
362
156
271
228
324
173
164
156
285
583
308
323
375
160
271
227
326
174
167
156
259
585
309
318
385
150
282
237
406
170
173
157
269
585
321
314
419
134
284
231
310
180
173
151
298
585
329
310
437
139
282
224
308
184
170
142
259
592
332
317
426
160
279
220
297
173
167
145
257
607
330
325
422
153
275
214
285
164
166
152
245
615
328
337
407
164
277
217
313
183
165
157
228
611
327
349
401
161
285
228
436
180
162
158
222
605
333
355
398
184
286
221
377
169
164
159
216
602
342
352
410
199
287
218
342
161
168
158
210
598
346
351
420
197
290
221
339
171
169
159
214
602
349
346
436
181
289
221
330
175
167
157
216
602
347
339
442
170
310
335
292
324
351
304
318
344
299
321
347
302
322
349
303
325
351
306
326
351
308
325
352
305
324
352
304
325
354
304
326
355
305
327
356
306
328
357
307
330
360
309
333
362
312
333
363
312
355
373
366
369
373
375
376
374
374
375
376
378
378
383
386
386
73
74
73
73
73
' Kevised.
1 Advance estimate; total
mfrs. unfilled orders for Feb. 1970 do not reflect
2
revisions for selected components.
Based on unadjusted data.
© See corresponding
note on p. S-6.
9 Includes data for items not shown separately.
76
75
76
75
75
73
74
75
75
75
75
cf Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
§ Ratio of prices received to prices paid (parity index).
S_8
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
April 1970
1969
1969 v
Annual
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
COMMODITY PRICES— Continued
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted Indexes:
All items
Special group indexes:
All items less shelter
All items less food
All items less medical care
1957-59=100-
121.2
127.7
124.6
125.6
126.4
126.8
127.6
128.2
128.7
129.3
129.8
130.5
131.3
131.8
132.5
do
do. .
do
120.6
121.9
119.7
126.3
128.6
126.1
123.5
125.6
123.0
124.4
126.8
124.0
125.0
127.5
124.7
125.4
127.9
125.2
126.3
128.4
126.0
126.7
128.8
126.5
127.1
129.3
127.0
127.6
130.0
127.6
128.1
130.8
128.2
128.6
131.4
128.9
129.5
131.9
129.7
129.8
132.3
130.1
130.3
133.0
130.8
do_ __
__do_ __
do
do_ __
do
do.
- . -do
115.3
118.4
117.7
107.5
113.2
134.3
138.6
120.5
124.1
123.0
111.6
118.0
143.7
149.2
117.8
121.1
120.5
109.7
115.7
139.7
144.6
118.7
121.8
121.4
111.1
116.8
140.9
146.1
119.3
122.5
121.9
111.4
117.2
142.0
147.4
119.6
123.0
122.4
111.3
117.5
142.7
148.1
120.5
124.1
123.0
111.7
118.0
143.3
148.8
121.0
124.7
123.1
111.9
118.1
144.0
149.6
121.4
125.2
123.3
111.9
118.2
145.0
150.7
121.7
125.8
124.4
111.6
118.7
146.0
151.7
122.4
126.1
125.1
113.2
119.8
146.5
152.3
122.9
126.7
125.5
113.5
120.2
147.2
153.1
123.6
127.7
125.7
113.6
120.3
148.3
154.3
123.7
127.8
125.2
113.7
120.1
149.6
155.8
124.2
128.4
125.8
113.7
120.4
150.7
157.1
Food 9
do
Meats, poultry, and
fish
-do
Dairy products
do
Fruits and vegetables
do.
Housing
-. _ do
Shelter 9
do
Rent
_do_ __
Homeownership . ._
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
_ __ ... __do
Personal care
do
Reading and recreation
_ do_ _
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
138.2
130.0
145.0
120.3
125.7
125. 5
123.2
124.5
128.4
126.7
133.6
118.8
139.4
112.9
117.8
111.5
117.9
127.1
124.2
121.3
102.4
125.3
148.9
136.6
155.0
126.2
130.5
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
122.4
116.5
123.0
127.6
124.4
130.5
117.5
135.7
112.2
117.2
110.6
116.4
124.9
124.3
121.6
102.4
130.5
147.5
134.3
152.5
124.8
128.7
123.2
118.4
122.9
127.9
125.3
131.6
117.8
137.1
112.6
117.4
111.2
116.9
125.6
124.6
121.9
101.9
131.2
148.0
135.1
153.6
125.5
129.6
123.7
119.9
123.6
130.0
125.8
132.4
118.1
138.0
112.6
117.5
111.2
117.4
126.6
124.0
121.2
101.8
126.8
148.0
135.7
154.5
125.8
130.2
125.5
125.3
124.0
130.8
126.3
133.0
118.5
138.7
112.7
117.5
111.3
117.9
127.0
124.6
121.8
101.8
128.2
149.1
136.3
155.2
126.2
130.4
126.7
127.6
124.4
132.3
127.0
134.0
118.8
140.0
112.6
117.4
110.9
118.2
126.8
124.3
121.4
101.6
127.0
149.5
137.0
155.9
126.6
130.7
127.4
127.9
125.0
130.2
127.8
135.1
119.3
141.3
113.0
117.7
111.5
118.5
126.6
124.2
121.3
101.0
125.4
149.7
137.7
156.8
126.8
131.2
127.5
129.0
125.5
126.8
128.6
136.1
119.7
142.6
113.3
118.1
112.0
119.0
128.7
123.6
120.5
99.5
121.4
150.3
138.4
157. 6
127.3
131.6
127.2
127.6
125.8
124.0
129.2
137.0
120.1
143.6
113.5
118.4
112.2
119.3
129.8
125.7
122.8
104.2
125.8
150.3
138.6
156.9
127.3
132.0
128.1
127.2
126.3
127.0
129.8
137.7
120.5
144.5
114.2
118.9
113.2
119.6
130.7
125.6
122.7
105.1
124.9
151.1
139.1
157.4
127.8
132.3
129.9
127.2
127.6
132.1
130.5
138.5
121.0
145.4
114.6
119.2
113.7
120.0
130.8
126.4
123.4
104.9
123.9
153.0
139.6
158.1
128.1
132.7
130.7
128.8
128.4
130.9
131.1
139.6
121.3
146.8
114.6
119.7
114.1
120.1
129.3
127.3
123.3
104.7
120.7
165.1
140.1
159.0
128.5
133.1
131.5
129.7
128.8
132.4
132.2
140.9
121.8
148.5
114.9
120.6
114.6
120.8
130.0
127.3
123.3
104.6
117.8
165.4
140.7
160.1
129.0
133.2
195.7
192.8
197.8
i 108. 1
i 103. 1
i 111.8
103.0
98.5
106.3
104.1
100.2
106.9
105.6
100.5
109.3
107.6
103.7
110.4
109.1
105.6
111.6
109.1
104.5
112.4
110.9
105.2
115.0
111.6
103.6
117.4
111.3
105.4
115.6
111.9
106.8
115.6
112.3
105.6
117.2
113.8
106.2
119.4
114.3
106.6
120.0
114.6
108.4
119.2
108.7
113.0
111.1
111.7
111.9
112.8
113.2
113.3
113.4
113.6
114.0
114.7
115.1
116.0
116.4
116.6
101.1
108.0
111.3
109.9
115.3
107.9
111.8
115.3
113.9
119.3
103.8
110.7
113.3
111.7
117.8
105.2
111.4
113.7
112.2
118.0
105.7
111.4
113.8
112.3
118.1
109.7
111.4
114.7
113.5
118.5
111.2
111.4
115.4
114.2
118.7
110.2
111.4
115.9
114.8
119.3
109.5
111.9
115.7
114.4
119.3
108.7
112.4
116.0
114.7
119.9
108.7
112.8
116.5
115.1
120.8
109.0
113.1
117.6
116.2
121.5
109.9
113.5
118.0
116.5
122.3
110.7
114.4
118.8
117.3
122.9
113.0
114.7
118.8
117.3
123.1
114.2
114.8
119.0
117.4
123.5
Commodities
Nondurables
Nondurables less food
Durables 9
Commodities less food.
Services
Services less rent
__
-
WHOLESALE PRICESd1
(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
do
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc . do
Finished goods O.
do
Consumer finished goods
. do
Producer finished goods
...do
By durability of product:
Durable goods. _
Nondurable goods
Total manufactures..
Durable manufactures
Nondurable manufactures.
do
do
do
do
do
111.8
106.5
109.4
112.0
106.9
116.6
110.3
113.3
116.6
110.1
115.4
108.0
111.7
115.6
108.0
116.1
108.6
112.2
116.3
108.3
116.0
108.8
112.4
116.2
108.9
116.1
110.3
112.8
116.2
109.6
115.9
111.2
113.2
116.0
110.6
116.1
111.3
113.5
116.1
111.0
116.5
111.1
113.6
116.4
111.0
117.1
111.1
113.9
117.0
111.0
117.9
111.2
114.6
117.9
111.4
118.4
111.9
114.9
118.3
111.6
119.0
112.4
115.3
118.8
111.9
119.6
113.4
116.1
119.4
113.0
120.0
113.9
116.4
119.7
113.2
120.5
113.9
116.6
120.1
113.2
Farm prod., processed foods and feeds
do
107.6
113.5
110.0
110.7
110.9
114.1
115.5
115.5
114.6
114.3
114.3
115.7
116.4
118.2
118.7
118.8
Farm products 9
do
Fruits and vegetables, fresh and dried- do
Grains.
do
Live poultry
__
do ...
Livestock
do
102.2
108.2
81.9
84.9
104.8
108.5
111.0
83.3
89.8
118.3
105.0
108.7
82.0
94.3
109.2
106.5
112.1
81.6
95.5
112.5
105.6
106.8
83.1
87.0
113.8
110.5
126.7
86.7
90.7
123.0
111.2
112.9
85.6
89.8
130.4
110.5
103.1
83.7
90.2
126.8
108.9
106.7
81.9
92.3
123.6
108.4
103.4
83.4
89.0
119.2
107.9
101.3
84.8
85.3
118.7
111.1
125.3
81.7
86.3
116.6
111.7
112.4
82.9
86.9
120.2
112.5
116.6
85.9
94.8
117.3
113.7
117.2
85.9
87.1
124.9
114.3
118.2
85.5
90.8
129.6
Foods and feeds, processed 9
do
Beverages and beverage materials
do
Cereal and bakery products
do
Dairy products
._
_ do_-_
Fruits and vegetables, processed. _ . _do
Meats, poultry, and
fish
.
do...
114.1
109.6
118.2
127.7
114.1
108.3
119.8
112.9
120.2
131.9
115.7
119.5
116.3
111.1
119.3
130.2
114.5
111.4
116.4
111.3
119.3
130.4
115.1
112.2
117.3
111.4
119.3
131.4
115. '4
114.0
119.4
111.8
119.4
132.5
115.7
121.0
121.4
112.4
119.7
133.0
115.6
126.5
122.0
112.6
119.9
133.0
116.6
127.5
121.5
112.6
120.1
133.0
116.8
124.5
121.3
113.1
120.4
133.4
116.6
122.9
121.6
115.0
121.2
130.7
116.0
120.2
121.8
116.0
121.9
131.2
116.3
120.5
122.6
116.1
122.0
133.9
116.4
121.9
125.1
117.4
122.3
133.9
116.9
125.8
125.2
118.3
123.3
134.1
117.3
124.9
124.9
118.4
123.7
133.1
116.5
127.1
do
109.0
112.7
111.4
112.0
112.1
112.2
112.2
112.4
112.8
113.2
113.8
114.2
114.6
115.1
115.5
115.8
do
_do__
do._
do _ _ .
do
do
98.2
99.7
98.4
93.3
73.9
114.6
98.3
89.8
97.7
93.8
88.7
119.2
97.8
92.2
98.1
93.4
73.6
118.2
98.0
92.3
97.9
93.6
80.4
118.7
97.9
92.1
96.7
93.7
83.7
118.7
98.1
92.1
96.9
93.8
83.3
118.7
98.3
92.1
97.0
93.8
86.8
119.2
98.2
88.6
97.7
93.8
90.5
119.2
98.7
88.4
98.2
93.8
99.3
119.2
98.9
87.4
98.2
94.0
102.1
119.2
98.6
86.3
97.6
94.0
98.9
120.3
98.9
86.7
97.8
94.2
100.5
120.3
98.8
86.7
97.8
94.6
92.8
120.3
99.1
87.6
97.9
94.5
95.0
121.7
99.5
91.4
97.7
94.6
94.3
122.0
100.0
92.0
97.3
95.0
102.2
122.8
102.4
106.7
101.5
123.8
100.3
104.6
116.2
102.7
124.5
101.8
102.7
112.7
102.2
124.0
99.5
104.2
112.7
102.3
124.6
101.7
104.5
112.8
102.3
121.8
102.5
104. 5
113.5
102.5
121.6
102.4
105.0
114.2
102.6
121.8
103.3
105.0
115.4
102.5
121. 6
103.2
104.7
115.5
102.4
121.8
102.5
104.7
115.9
103.5
123.0
101.8
105.4
120.6
103.7
128.7
101.6
105.5
123.5
103.4
128.8
101.6
106.1
124.6
103.4
131.8
102.2
105.6
125.4
103.4
132.4
101.0
106.4
131.7
103.6
135.2
101.2
106.3
133.4
103.6
135.0
100.8
107.2
106.1
106.2
106.4
106.5
106.9
93.0
93.1
93.6
93.0
93.6
93.0
122.8
123.3
123.6
123.6
123.0
123.0
77.9
77.7
77.9
77.9
77.9
77.8
O Goods to users, incl. raw foods and fuels.
107.5
94.4
124.3
77.2
107.9
94.4
125.1
77.2
108.1
94.7
125.3
77.2
Industrial commodities
Chemicals and allied products 9
Agric chemicals and chem. prod.
Chemicals, industrial
Drugs and ph armaceuticals
Fats and oils, inedible
Prepared paint
Fuels and related prod., and power 9
do
Coal
do
Electric power.
Jan. 1958=100
Gas fuels _
do
Petroleum products, refined
1957-59 = 100. .
105.4
105.7
105.8
104.0
106.1
Furniture and household durables 9
do. . 93.0
92.2
93.0
92.5
92.8
Appliances, household
do
121.5
117.2
121.3
122.3
121.0
Furniture, household __
do .
78.5
78.7
81.0
78.2
78.6
Home electronic equipment
do. . T
Revised.
*> Preliminary.
i Computed by OBE.
9Includes data for items not
shown separately.
cf For actual wholesale prices of individual commodities, see respective
105.9
105.9
92.9
93.0
122.3
121.9
78.1
78.1
commodities.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969"
Annual
S-9
Feb.
Mar.
Apr.
May
June
1970
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
COMMODITY PRICES— Continued
WHOLESALE PRICEScf— Continued
(U.S. Department of Labor Indexes— Continued)
All commodities— Continued
Industrial commodities— Continued
Hides, skins, and leather products 9
1957-59=100..
Footwear
- do__ _
Hides and skins
__
-do
Leather
do _
Lumber and wood products
do _ _
I/umber
do
Machinery and equipment 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip Metalworking machinery and equip
do
do
do
do__ .
do
Metals and metal products 9
Heating equipment _
Iron and steel
Nonferrous metals -
_ do __
.do
do
do _
119.5
128. 0
99.6
112.6
119.3
127.2
125.8
133.2
116.9
119.9
132.0
142.6
123.4
132.2
106.3
116.5
144.5
155.8
123.4
131.5
109.1
116.4
149.5
164.7
126.0
131.9
125.8
122.3
143.3
164.9
126.1
132.1
122.6
121.7
138.0
155.9
125.7
132.3
117.4
121.5
129.8
142.3
126.4
132.7
123.0
121.2
125.3
133.4
126.4
132.7
123.1
121.0
124.0
131.1
128.2
134.9
128.7
121.7
123.2
129.5
127.4
135.2
118.0
120.3
122.6
128.0
126.8
135.5
110.4
119.6
123.9
129.3
126.5
135.0
108.9
119.7
122. 5
128.2
126.6
135.9
102.8
119.6
121.6
126.9
126.7
136.9
101.1
117.3
120.2
124.1
126.8
136.9
99.4
118.2
119.5
123.3
115.2
127.1
129.6
103.0
128.6
119.0
132.8
135.5
104.8
133.4
117.3
131.6
133.6
103.5
131.1
117.8
131.7
134.0
104.2
131.4
118.0
131.8
134.1
104.3
131.8
118.3
131.9
134.3
104.5
132.1
118.6
132.0
134.5
104.7
132.3
119.0
132.3
134.8
104.8
133.3
119.1
132.3
134.9
104.7
133.5
119.9
133.0
136.1
105.4
134.4
120.5
133.2
137.7
105.6
135.4
121.0
135.8
138.6
106.0
136.5
121.9
136.4
139.8
106.2
138.0
122.5
136.7
140.2
106.8
138.6
122.8
137.2
140.3
106.9
139.3
123.1
137.1
140.6
107.2
139.8
112.4
94.9
105.5
125.3
118.9
97.6
111.0
137.4
115.2
96.3
108.0
128.9
115.8
96.6
108.8
129.9
116.5
96.8
108.9
132.4
117.5
97.0
109.9
134.2
117.9
97.2
110.3
135.5
118.7
97.7
111.1
136.1
120.4
97.7
112.7
139.5
121.7
98.0
113.2
143.5
122.4
98.7
113.7
144.8
122.9
99.3
113.7
146.4
123. 8
99.7
113.9
150.1
124.9
99.7
114.6
152.8
126.1
99.9
117.0
152.8
127.0
100.5
117.7
153.4
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 plastics products §
do
Tires and tubes
do
108.1
112.8
111.2
111.9
112.3
112.6
112.8
113.0
113.0
113.5
113.8
113.9
114.5
116.5
116.9
117.3
113.1
108.1
105.5
105.2
112.7
100.3
99.2
117.0
112.2
106.4
108.2
116.6
102.1
98.2
115.9
110.8
106.2
106.8
115.7
100.5
96.3
116.0
111.2
106.2
107.4
116.1
100.9
96.3
116.7
111.3
106.2
108.0
116.4
101.2
96.3
116.8
111.6
108.7
108.1
116.7
101.1
96.3
116.9
111.6
108.7
108.3
117.0
101.2
96.3
116.9
112.3
104.9
108.4
117.1
102.5
98.4
117.0
112.4
103.2
108.7
117.2
103.0
99.2
117.5
113.2
106.1
108.8
116.5
102.7
99.2
117.8
113.5
105.9
109.0
116.5
103.5
100.6
118.5
113.6
109.8
109.3
117.0
104.4
101.7
118.5
114.2
104.3
109.5
117.4
104.5
101.7
119.4
115.9
107.3
111. 1
120.3
104.7
101.7
119.4
116.4
108.3
111.8
121.5
104.6
101.7
119.8
117.0
107.0
112.1
121.6
104.4
101.7
Textile products and apparel 9 _..
Apparel—-Cotton products
Manmade fiber textile products
Silk yarns
Wool products
105.7
110.3
105.1
90.8
183.0
103.7
108.0
114.5
105.2
92.2
169.7
104.6
107.2
112.7
104.8
92.3
156.4
104.4
107.1
112.8
104.6
92.1
155.0
104.2
107.1
113.0
104.5
92.4
155.4
104.3
106.9
112.9
104.6
92.6
157.9
104.3
107.2
113.3
104.5
92.7
164.6
105.0
107.7
113.9
105.3
92.6
168.2
105.0
108.7
115.8
105.7
92.7
177.1
104.8
109.0
116.2
105.9
92.1
181.2
105.0
109.1
116.5
105.8
91.6
183.9
104.5
109.2
116.7
106.0
91.5
184.6
104.6
109.2
116.9
106.1
91.1
191.1
104.3
109.5
117.2
106.1
91.5
193.5
104.3
109.4
117.5
106.1
91.0
196.3
104.3
109.5
117.9
105.8
90.4
194.2
104.4
Transportation equipment 9 - . -Dec. 1968= 100..
Motor vehicles and equip
1957-59 = 100. . ~~164~9~
111.8
Miscellaneous products 9
. -do
108.3
Toys, sporting goods, etc
do
115.2
Tobacco products
do
100.7
107.0
114.7
111.3
120.8
100.1
106.4
112.5
110.1
116.7
100.0
106.3
112.5
110.5
116.7
100.1
106.4
112.7
110.8
116.9
100.2
106.5
112.8
110.7
117.0
100.3
106.6
115.1
110.9
123.2
100.4
106.6
115.5
111.2
123.4
99.9
106.0
115.9
111.8
123.5
100.0
106.1
116.4
112.1
123.8
102.3
108.7
116.7
112.3
123.8
102.7
109.0
117.0
112.8
124.0
102. 7
109.0
117.0
112.7
124.0
102.9
109.1
117.4
114.1
124.0
102.9
109.1
117.5
114.2
124.0
103.2
109.4
117.8
115.3
124.1
$0. 885
.783
$0. 900
.803
$0. 895
.796
$0. 894
.791
$0. 887
.789
$0. 883
.784
$0. 883
.780
$0. 882
.777
$0.880
.774
$0. 877
.770
$0.872
.767
$0. 869
.762
$0. 862
.759
$0. 859
.755
$0.858
_.
do__ _
-_do. __
do
_ __do.__
do
do
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices
1957-59=$!. 00..
do
$0. 920
.825
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total
Private, total 9
Residential (nonfarm)
New housing units
__mil. $__
84, 690
'91,048
5,884
6,509
7,310
7,955
8,384
8,476
8,509
8,610
8,259
7,947 '7,004 ' 6, 086
5,683
do
.do
do
56 996
28, 823
22 423
r
62
r
988
30, 785
'23 689
4,028
1,940
1 562
4 423
2,195
1 729
4,947
2,540
1 916
5,394
2,810
2,076
5,693
2,962
2 243
5,840
2,969
2,267
5,837
2,875
2,186
5,929
2,773
2,124
5,857
2,697
2,082
5,563 r 5 152 '4,312
2,562 r 2, 329 rT 1, 956
1,984 ' 1 797 1 495
4 115
1,734
1 293
18,800
5,594
8 333
22, 033
6,373
10 136
1,453
437
647
1,519
466
685
1,625
471
720
1,742
503
783
1,829
535
850
1,946
562
908
2,013
558
936
2,200
621
1 033
2,169
613
1 025
2,076
569
982
1,663
426
779
Nonresidential buildings, except farm and public utilities, total 9...
mil. $..
Industrial
__
do
Commercial
do
Public utilities:
Telephone and telegraph
do .
1,704
2,172
132
162
166
173
183
186
190
204
222
200
. .
do
27 694
28,060
1,856
2 086
2,363
2,561
2,691
2,636
2,672
2,681
2,402
2,384
Buildings (excluding military) 9 _.
Housing and redevelopment
Industrial
._ .do
do
do
10 445
746
517
11, 226
1 047
512
861
98
37
954
118
40
1,008
111
46
1,062
85
54
1,067
60
61
996
75
30
940
73
44
970
89
37
868
82
42
921
95
36
do
do
824
9 295
945
9,276
62
442
72
539
89
696
84
821
88
917
67
950
83
1,064
95
1,023
88
892
76
822
92.1
91.7
92.8
92.4
91.5
90.8
89.8
91.2
91.3
89.8
62.6
62.8
63.0
63.7
63.0
63.1
62.4
63.8
64.3
31.4
32.4
33.0
33.0
31.6
30.3
29.2
29.3
21.5
6 3
9.9
20.6
60
98
20.2
5.9
9.1
20.6
5.9
9.3
21.2
6.0
10.0
22.4
6.4
10.4
22.7
6.4
10.3
23.8
6.7
11.1
Public, total 9
Military facilities
Highways and streets
.
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
155
226
1,568
35
73
600
61
483
T
90.2
' 90.6
91.7
62.8
r
62 4
' 62 6
63.3
30.0
29.8
r
23.7
6.9
10.9
22.8
66
10.2
1.8
1.9
2.0
2. 1
2.0
2.2
2.2
2.4
2.5
29 0
29.7
28.7
28.4
27.6
27.5
••27.4
27.1
Buildings (excluding military) 9
Housing and redevelopment _
Industrial
Military facilities
Highways and streets
r
Revised.
» Preliminary.
d*See corresponding note on p. S-8.
do
do
do
do
do
11 4
1.5
.5
1.0
10.1
12 2
14
5
10
8.9
12.7
1.4
.5
1.2
9.1
O - 70 - 5
' 750
800
78
41
29.5
380-168
r 1, 623
' 438
780
80
41
do
575
889
1 852 r 1, 774
Public, total 9
9 Includes data for items not shown separately.
1,942
r
54
29. 5
' 28.6
28.1
22 6
6 4
10 3
' r23 3
64
r
11 0
24. 5
6 2
12 0
r
28 4
2.2
2 5
27 0
r 27 8
27 9
11.4
11.0
10.5
12.2
10.9
10.6
10 5
r
.7
1.2
.8
.8
.9
1.0
10
.4
4
5
5
5
.6
.4
.6
.6
.5
9
9
9
1.0
1.0
.9
.8
.9
.9
.8
8.8
8.9
8.9
8.9
9.3
9.6
9.3
§ Beginning Jan. 1970, retitled to read "rubber and plastics products" to cover the direct
pricing of plastic construction products; continuity of the group index is not affected.
g_10
SUKVEY OF CUKKENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes areas shown
in the 1969 edition of BUSINESS STATISTICS
1968
| 1969
Annual
April 1970
1969
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Division, McGraw-Hill):
Valuation total
mil. $ i 61, 732
2173
Index (mo. data seas, adj.)
1957-59=100..
67, 827
4,802
5,003
5,895
7,081
6,443
6,298
6,523
5,140
6,240
4,406
5,228
4,928
193
205
177
183
210
186
180
216
173
195
178
218
205
215
__mil. $ _ 1 19, 597
i 42, 135
do
22, 858
44, 969
1,572
3,230
1,632
3,371
1,791
4,104
2,536
4,545
2,326
4,118
2,352
3,947
2,605
3,918
1,719
3,420
1,626
4,615
1,427
2,980
1,727
3,501
1,433
3,495
1,652
3,597
i 22, 513
-- do
-do ... i 24, 838
i 14, 382
do
26, 085
25, 590
16, 152
1,885
1,820
1,097
1,772
1,957
1,274
2,136
2,546
1,213
2,680
2,620
1,780
2,357
2,548
1,538
2,402
2,296
1,600
2,460
2,394
1,669
2,013
1,952
1,175
2,502
2,290
1,449
1,566
1,675
1,165
2,168
1,744
1,317
2,252
1,475
1,201
2,269
1,482
1,498
57, 164
3,617
4,690
3,738
4,572
4,267
4,368
4,167
3,858
7,124
6,878
5,486
5,655
4,092
94.8
73.3
90.1
47.9
135.6
102.0
131.9
71.9
159.9
117.8
159.0
85.0
157.7
114.5
155.5
91.3
150.8
109.1
147.3
82.7
126.5
91.0
125.2
73.5
127.6
91.4
124.9
69.5
132.9
93.9
129.3
71.5
125.8
91.2
123.4
68.0
97.4
68.1
94.6
55.1
85.3
'63.7
84.1
42.8
' 69 2 ' 76 7
51 8
55 6
'66.4
' 74 0
'33.4
'41.2
' 1, 588 1,563
'824
797
1,509
1,469
1,371
1,384
1,392
1,295
1,299
765
723
1,542
808
1,340
1,228
1,245
Public ownership
_
Private ownership _ .
By type of building:
Nonresidential
Residential
- - -- --Non-building construction
New construction planning
(Engineering News-Record) O
- do
52 419
5,249
4 989
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total (private and public)
Inside SMSA's
Privately owned
One-family structures
thous
do
do
do
Seasonally adjusted at annual rates:
Total privately owned
One-family structures
1, 547. 7 1, 500. 1
1,118.4 '1,097.1
1, 507. 7 r 1, 466. 8
' 810. 6
899.5
1,686
do
do
New private housing units authorized by building
permits (13,000 permit-issuing places) :
Seasonally adjusted at annual rates:
Total
- .-thous -.
One-family structures
..do
975
1,341
1,300
689
624
1,477
1,421
685
670
1,502
883
1,323
659
632
631
846
777
1,201
1,183
565
574
143
143
570
570
143
772
729
1,191
1,239
T
' 1, 059
'577
' 1, 301
r 722
1,013 ' 1, 137
' 562
469
596
639
143
144
145
145
146
117 0
113 8
60 3
1 383
690
1,117
554
CONSTRUCTION COST INDEXES
Dept of Commerce composite
1957-59 ~~ 100
131
142
137
138
139
139
American Appraisal Co., The:
Average 30 cities
Atlanta
New York
_
San Francisco
St. Louis
1913=100
do
_. do_
do
do
970
1,072
1,070
966
953
1,050
1,158
1,116
1,054
1,021
1,026
1,138
1,113
1,047
1,032
1, 151
1,117
1,057
1,040
1,148
1,109
1,048
996
1,034
1,154
1,116
1,047
1,001
997
1,046
1,137
1,104
1,032
1,019
1,059
1,161
1,106
1,062
1,019
1,061
1,176
1,105
1,062
1,035
,065
,179
,106
,063
,054
1,069
1,177
1,133
1,063
1,053
1,073
1,178
1,136
1,066
1,054
1,076
1,178
1,136
1,061
1,054
1,082
1,210
1,169
1,061
1,060
1,084
1,214
1,171
1,060
1,065
Associated General Contractors of America, Inc.,
The (building only)
. _ 1957-59=100..
990
' 141
139
150
146
146
147
148
151
153
153
153
153
153
154
155
155
156
E. H. Boeckh and Associates, Inc.: 1
Average, 20 cities:
All t vpes combined
1957-59 — 100
Apartments, hotels, office buildings
do
Commercial and factory buildings
do
Residences
do
139.9
139.1
136.7
151.8
149.1
148.0
146.2
148.0
145.7
144.9
147.5
149.2
146.9
146.4
146.9
148.4
146.2
146.3
147.3
149.0
146.5
146.7
149.7
151.5
148.9
149.0
150.8
153.0
150.3
148.9
151.9
154.5
151.0
150 4
151 8
154.4
151.0
149 8
152.4
155.1
152.1
149.3
153.1
156.0
152.5
150. 1
153.7
156.4
153.2
151.0
154.5
156.7
154.2
151.6
154.8
157.1
154.5
152.1
155.6
158.0
155.5
152.3
Engineering News-Record:
Building
Construction .
136.8
151.9
149.9
167.2
146.2
161.8
147 9
162.9
149.9
164.3
150.1
165.6
151.5
169.1
150.3
168.8
151.6
170.0
151.0
169.1
151.3
171.0
151.9
171.7
152.2
171.8
152.2
172.2
152.0
172.5
3 152. 2
3 173. 0
121 6
132.3
26.5
_ do
_. do. _
Bu. of Public Roads— Highway construction:
Composite (avg for year or qtr ) 1957-59 ~ 100
130.3
123 5
138.7
136 3
CONSTRUCTION MATERIALS
Output index: t
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
166 0
149.6
169.3
170 5
176 4
178 8
175.9
181.0
168.9
177.0
165.6
170 6
177. 3
170 1
154.7
172.1
165.0
178.0
157.4
171 1
168 2
198 1
167.9
164 5
204.2
148.8
160.3
120.2
178 5
178 3
156 2
181 0
179 8
207.3
186.4
175.3
236.0
180.9
161.6
245.4
171.0
157.2
253.4
169.0
156.6
257.2
166.3
166.8
259.9
176.1
178.6
260.7
153.0
147 2
184.2
160.5
150 0
155.4
166.8
184.9
13.7
15.9
16.6
15.3
15.9
15.1
14.4
16.5
19.8
14.6
14.9
16.5
20.0
171
162
169
169
178
176
169
193
224
230
210
251
250
258
9.9
132
12 2
12.2
11.5
13.0
11.4
127
130
10.1
9.4
141
13.5
145
11.5
10.7
126
11.1
136
122
13.6
124
11.4
494. 04
491 60
541. 22
519. 70
595. 38
657. 56
630. 40
714. 28
712. 12
355.55
384. 56
363. 55
REAL ESTATE
Mortgage applications for new home construction:
FHA net applications}:..--thous. units ..
Seasonally adjusted annual ratesj
Requests for VA appraisals. .
Seasonally adjusted annual rates
do
_. do .
do
Home mortgages insured or guaranteed byFed. Hous. Adm.r Face amount
mil $
Vet. Adm.: Faceamount§
do
Federal Home Loan Banks, outstanding advances
to member institutions, end of period
mil. $..
New mortgage loans of all savings and loan associations, estimated total ..
.
mil. $ _
By purpose of loan:
H ome construction
do
Home purchase
do
All other purposes
.__do .
Foreclosures .
Fire losses (on bldgs., contents, etc.)
number
mil $
131.7
138.2
6 495 94 7, 120. 63
184
147
142
142
560. 12
595. 83
610. 47
501. 86
581. 88
397. 44
328. 54
317. 14
310. 21
235. 24
257. 74
3, 773. 88 4, 073. 86
295.68
329.04
301. 30
323. 09
308. 13
5,259
9,289
5,298
5,331
5,764
5,971
6,413
7,053
7,544
7,940
8,439
8,802
9,289
9,852
9,937
9,745
21, 983
21, 832
1,580
1,870
2,073
2,146
2,415
1,974
1,918
1,728
1,698
1,330
1,508
' 1, 064
1,042
1,253
4,916
11,215
5,852
4,756
11, 244
5,832
364
767
440
896
485
1,023
482
1,113
495
1,345
421
1,091
393
1,089
377
936
365
862
286
652
300
687
'220
'530
'314
223
502
317
110 404
96 124
7 503
8 443
8,305
8,474
8,108
7,503
7,362
7,812
8,594
7,306
8,422
1 829 92 1,952 02
149. 12
173. 91
169. 91
157. 52
164.57
148. 21
172. 14
154 89
156. 54
146. 32
179. 43
184. 03
206. 89
449
565
534
2
' Revised.
1 Annual total reflects revisions not distributed to months.
Computed
from cumulative valuation total.
s index as of Apr. 1, 1970: Building, 154.2; construction,
174.9.
OData for May, July, and Oct. 1969 and Jan. 1970 are for 5 weeks; other months,
4 weeks.
151
551
575
462
436
415
471
392
521
290
576
387
^Copyrighted data; see last paragraph of headnote, p. S-l.
t Re visions for 1961-68 for FHA applications will be shown later. Revisions for 1964-68
for construction materials output indexes appear in the Dec. 1969 issue of Construction Review (BDSA).
9 Includes data for items not shown separately. § Data include guaranteed direct loans sold.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
Annual
s-11
1969
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
DOMESTIC TRADE
ADVERTISING
Television advertising:
Network (major national networks) :
Net time costs total
Automotive incl accessories
Drugs and toiletries
Foods soft drinks confectionery
Soap^ cleansers etc
Smoking materials
Allother
-
436.4
35.6
131.9
87.2
41.8
47.2
92.7
1,550.0
125.9
437.0
293.3
144.9
156.8
392.1
1,698.8
135.1
496.8
314.4
157.5
175.0
420.0
Magazine advertising (general and natl. farm magazines) :
Cost total
mil. $_. 1, 196. 1
63.5
Apparel and accessories
do
112.6
Automotive, incl. accessories
do
32.3
Building materials
_.do
144.4
Drugs and toiletries
_
do
106.3
Foods soft drinks, confectionery _ _ do
1,245.3
60.6
114.4
26.5
158.7
101.5
88.6
95.6
75.7
56.7
22.2
43.2
443.6
101.8
76.5
60.0
15.7
48.2
481.4
4.6
3.1
3.3
1.4
3.5
3, 381. 1
923.7
2, 457. 3
171.0
72.8
296.1
1,917.4
mU $
do
do
_ do
do
_do
do
3.7
8.7
2.2
11.8
8.9
381.0
27.5
104.3
70.9
38.0
38.5
101.7
108.6
122.2
125.7
11.3
11.3
11.2
4.1
2.4
9.3
2.7
15.4
14.4
7.0
7.9
3.7
2.9
12.1
13.8
9.3
9.7
5.3
343 8
21 3
103 1
66.4
39 4
35 0
78.6
98.8
8.8
8.6
9.5
7.3
1.7
4.1
9.2
6.4
5.6
1.2
3.8
71.4
73 4
61
4 4
14
11 3
113.4
9 4
4 5
4 7
32
4 9
7.4
7.0
6.0
1.1
36
26.4
3
97 3
1.0
5.3
.1
10.9
7 7
e o
37.2
7.3
6.9
4.8
1.7
3.6
8.5
8.4
4.6
2.2
4.3
41.6
47.6
47.8
35.2
3, 575. 1
1, 017. 1
2, 558. 0
173.3
81.7
300.1
2, 003. 0
250.5
75.6
174.8
13.5
304.7
89.7
215.0
15.0
299.7
87.7
212.0
16.1
23.6
132.5
27.3
165.7
26.6
161.4
326 6
95 7
230 9
17.9
61
29 7
177 1
303.1
89.8
213.2
15.7
78
25.5
164.3
273
83
189
14
8
19
147
236, 708
109, 578
127, 130
16,897
7,962
8,935
19,158
8,878
10,280
19,912
9,489
10, 423
20,150
9 420
10, 730
20,036
9,549
10,485
20,008
9 355
10 653
20036
9 9Q4.
22, 487
13, 245
9,242
24,365
14, 376
9,989
22, 720
13,404
9,315
23, 116
13, 723
9 393
23, 349
14 031
9 318
23, 348
14 060
9 288
23,500
14 227
9 273
23, 349
14 172
9 177
23 495
mil. $ _ a339 324
do
110 245
do
65 261
do
60, 660
do
4 601
351, 633
112, 779
66, 911
62, 048
4,863
24,812
8,245
5,058
4,743
27,920
9,222
5,707
5,339
28781
9,742
5 924
5,500
30 812
10 259
6 200
5,750
29 625
10, 207
6 152
5,695
9Q 0.9A
9Q A.OA
9 496
K A1A
o QAQ
f AQO
450
457
5,171
445
1,216
768
1,417
899
a229 079
19 265
4,516
7,429
3 196
16, 719
10,439
5,223
14, 562
11,278
3,284
238 854
20 158
4 761
7,606
3 505
11 458
25 285
°72 881
°67 925
24, 526
11 863
25 849
75 866
70 955
25, 116
884
932
1,817
5 726
5,369
1,836
2,000
6 160
5 766
2,053
54 493
58 615
3 410
49 295
33 323
3,256
6,152
6 969
53 083
36 411
3,519
6 548
7 403
3 040
2 041
Beer, wine, liquors
do
Household equip. , supplies, furnishings. _ do —
Industrial materials
_
do
Soaps, cleansers, etc
do
Sm oking materials
- - do
Allother
do
Newspaper advertising linage (52 cities):
Total
mil. lines
Classified
do
Display total
do
Automotive
__ .
do
Financial
do
General
do
Retail
-do
5.3
7.0
7.8
10.5
6.7
4.4
g
C
9.0
2.7
14.6
8.2
4 3
43.6
537 6
50 6
157 6
89 9
38 4
54 2
147 0
133.3
6 2
17.1
2 8
14.6
9 4
133.9
56
13.2
16
15 8
11 3
106 7
39
11 3
10.2
5 6
12 8
16.6
1.4
4 3
50.5
4.7
60
15
4 9
52 3
50
40.9
326
89
237
14
7
30
184
3
0
3
7
3
6
8
qon a
20,638
9 575
11,063
21, 935
10 137
11 799
23,669
14 138
9 531
4 687
28 583
9 364
5 481
5,103
4.1 1
378
1,383
859
1,360
864
1,401
855
1,434
889
1,436
891
9fl9 ft
U
f\
IfSr q
88 7
35
78
14
12 4
83
5.4
g
9.1
10
15.4
81
8.9
293 9
86 1
207 8
16.7
6 1
25 1
159.9
3
7
6
7
2
3
5
69.9
18
6.6
50
36
5 2
3.1
37
3.6
31
37
9
.9
*g
39
33 5
307 2
66 9
240 3
98
7 0
21 7
201 7
6
9
7
3
6
8
0
241 4
70 2
171 3
11 5
58
20 7
133 2
19,720
8 892
10 828
20,703 ' 18, 813
9 040 r g 328
11 664 r 10 485
18, 572
8 392
10 180
24, 229
14 321
9 909
24,288
14 273
10 015
24,365 '24,537
14 376 r 14 432
9 939 r 10 105
24, 544
14 464
10 080
30 645
10 055
6 088
5,673
29 839
9 107
415
410
35 963 r 27 051
9 799 r 7 810
5 072 r 4 664
4,613 r 4, 325
r 339
459
83 4
256 2
13 7
59
31 7
204 9
247
72
174
10
9
17
137
4 5
37 4
WHOLESALE TRADE
Merchant wholesalers sales (unadj.), total, mil. $_. 219,943
Durable goods establishmentsdo__ _ 100,012
119,930
N ondurable goods establish m ents
do
Merchant wholesalers inventories, book value,
end of year or month (unadj.), total
mil. $_.
Durable goods establishments_
_do
Nondurable goods establishments
do __
10 74.9
9 900
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), total
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
Furniture and appliance group 9
do
Furniture, homefurnishings stores
do
Household appliance, TV, radio
do
Lumber, building, hardware group
do
Lumber, bldg. materials dealersd"
do
Hardware stores
do
Nondurable goods stores 9
-..do _
Apparel group
do
Men's and boys' wear stores
do
Women's apparel, accessory stores
do
Shoe stores
. do
Drug and proprietary stores
Eating and drinking places
Food group
__ _
Grocery stores
Gasoline service stations
__do
do
do
do
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 sales (seas, adj.), total
Durable goods stores 9
Automotive group
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 cf
Hardware stores
do__
do
do
do
do
do
do
do
do
do
_do
16, 540
10, 227
5,235
10, 984
315
374
968
766
202
16,567
1,214
289
479
190
368
1,281
838
1,386
902
1,098
1,271
1,344
1,033
1,370
1,073
297
1 312
1 033
1 279
1,018
279
261
1 309
1,037
1 142
311
1 345
1,048
20 553
1*662
19 418
1 550
1Q ^3fl
9ft 47 A
1 fi7Q
19 219
1 642
20 590
1 747
90 739
372
866
232
18698
1 528
330
600
265
980
291
19039
1 642
368
626
282
446
454
297
1 471
951
2 073
5 984
5 590
2,070
1 002
2 273
6 704
6 284
2,185
4 247
4 500
4 771
4 593
4
3 838
2 632
4 056
2 778
4 307
2 966
4 145
2 862
28,881
9,377
5,518
5,099
435
419
1,434
1,409
922
400
1,261
992
269
931
2 307
6 147
5 733
2,184
244
514
596
268
512
563
258
533
627
29409
29,386
9,575
5,572
5,145
9,481
5,516
5,102
29 371
9,545
5,634
5,220
427
414
414
1,433
1,436
1,459
903
436
1,261
r
Revised.
« Monthly revisions for Jan.-Nov. 1968 appear in the Census Bureau Monthly
Retail Trade Report, Dec. 1969 issue.
9 Includes data for items not shown separately.
412
375
574
289
29,257
9,597
5,607
5,172
281
372
391
642
286
282
464
550
1,330
1 049
K 07«5
4,968
1,291
842
223
390
514
920
431
424
974
287
902
455
1,224
943
281
895
478
1,234
951
283
330
561
9fi9
Qfil
2 336
a A] Q
417
441
360
605
007
354
626
328
QQ9
969
2 430
2 199
& ' fififi 6 125
5 712
2,060
446
456
879
263
272
403
672
307
1 782
446
666
Qftft
986
1,847
1,046
632
745
2 255
6 593
6 168
2,119
2 121
6 331
5* 922
2 053
4 669
5 107
e RAQ
8 636
4
2 775
4.7Q
4 186
2 877
'274
4 583
3 126
-190
8 063
5 572
ftQO
29 090
9,141
5,419
5 Oil
408
1 380
852
445
1,190
899
291
AQQ
492
577
5
338
538
611
3 515
'408
590
fiqq
29 620
9,354
5,638
5,238
29471
9,229
5,565
5,170
29 346
9 161
5,412
5 013
29,259
399
393
1 352
1 364
1 332
841
424
847
417
1 358
1,185
1,190
1,173
1,168
905
280
9,384
5,665
5,272
925
265
400
825
436
906
267
395
838
423
909
259
376
895
719
176
r 199
507
301
478
r 368
r
524
r 93Q
444
A. Q7.Q
270
546
307
••1,234
758
r 871
672
1,025
CAQ
4
3 064
r 4 757
4,450
26 164 r!9 241 r!7 560
2 838 r i 412 r 1 245
6 234
2 210
245
506
one
r 7 g3g
r
818
368
5 992
2 223
ftfifl
r 428
1 186
1 347
2 120
6 800
6 351
2' 131
Qfifi
r 1, 327
r
792
r oc
907
ggg
r i oig
r
3 969
r
3 747
r
3 303
r
3 546
2 409
••234
r 2 026
r Q 816
r 6 407
«• 2, 079
r 414
r 613
1 088
87^
r
r i1 932
r g 027
r 5 637
r
1 897
r 2 182
253
410
543
29 419 ••29 570 ••29 942
9,275 ' 8, 886 «• 9, 102
5,453 •• 5, 114
5,282
5 086 ' 4, 701 4,858
424
367
••413
1 399
855
439
1,180
916
264
r
1,r 457
885
••465
' 1, 143
r
897
••246
1,442
899
433
1,204
959
245
cfComprises lumber yards, building materials dealers, and paint, plumbing, and electrical
stores.
§ Except department stores mail order.
12
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
SURVEY OF CURRENT BUSINESS
April 1970
1969
1970
1969
Feb.
Annual
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated sales (seas, adj.)— Continued
Nondurable goods stores 9
-iml.$__
Men's and boys' wear stores
do
Women's apparel, accessory stores. _ -do
Eating and drinking places
Food group
Grocery stores
Gasoline service stations
General
merchandise
do
<}0
a°
ao
group
with
non-
General merchandise group without nonMail orderhouses (depf. store mdse.) do. _ _
Variety stores
do....
do
Liquor stores
Estimated inventories, end of year or month :
Lumber, building, hardware group. _ do.. _.
General merchandise group with
non-
do
Durable goods stores 9
Lumber, building, hardware group.- do
General merchandise group with
non-
Firms with 11 or more stores:
Men's and boys' wear stores
Women's apparel, accessory stores
General
merchandise
group
with
do
do
non-
General merchandise group without non-
General
merchandise
group
with
Installment accounts.--
r
Revised.
» See corresponding note on p. S-ll.
19,905
1,665
399
633
266
19, 826
1,660
375
640
296
19,949
1,700
375
658
306
20,185
1,738
400
653
332
19,875
1,676
388
645
316
20, 266
1,719
401
652
314
20,242
1,677
406
627
305
959
2,123
« 6, 314
« 5, 923
2,091
960
2,107
6,249
5,848
2,132
963
2,133
6,211
5,806
2,106
996
2,186
6,312
5,906
2,119
975
2,191
6,278
5,868
2,086
994
2,110
6,275
5,863
2,080
1,013
2,150
6,429
6,006
2,075
1,019
2,173
6,326
5,907
2,089
1,007
2,219
6,450
6,035
2,090
1,004
2,233
6,429
6,012
2,078
1,000
2,137
6,436
6,026
2,097
20, 144 •20,684 '20,840
1,681 '1,616
1,740
397
'391
432
603
'608
643
335
'273
286
'
'
'
'
'
1, 038
2, 209
6, 674
6, 239
2, 184
1,042
2,254
6,641
6,208
2,161
5,061
5,152
4,694
4,637
4,920
4,844
4,857
5,019
5,000
4,864
5,000
4,987
4,998
4,273
2,924
298
534
603
4,211
2,895
296
517
601
4,468
3,080
294
558
619
4,397
3,011
285
546
615
4,398
2,991
294
552
627
4,556
3,143
287
560
642
4,524
3,117
285
554
640
4,362
2,988
281
526
617
4,486
3,065
302
553
618
4,475
3,083
294
550
614
4,554
3,113
310
553
594
' 4, 603 4,644
' 3, 108
3,131
'330
334
'574
562
'649
640
44, 247
19,956
9,710
3,130
2,773
42, 597
19, 884
9,575
3,010
2,926
43, 744
20, 326
9,774
3,105
3,005
44, 237
20, 548
9,938
3,127
3,046
43, 948
20, 132
9, 643
3,075
3,012
43, 753
20, 149
9,735
3,036
2,980
43, 688
19, 802
9,425
3,075
2,902
43, 015
18, 516
8,051
3,105
2,878
44, 284
18, 995
8,569
3,124
2,856
45, 849
19, 508
8, 966
3,210
2,837
46,969
20, 036
9,385
3,311
2,832
44,247
19, 956
9,710
3,130
2,773
'43,629 44, 871
'19,897 20, 391
' 9, 706 9,868
' 3, 032 3,088
2, 756
2,760
22, 500
4,536
4,511
24, 291
4,891
4,822
22, 713
4,695
4,503
23, 418
4,899
4,578
23,689
4,925
4,575
23T 816
4,902
4,627
23,604
4,826
4,627
23, 886
4,873
4,624
24, 499
5,204
4,620
25, 289
5,344
4,676
26, 341
5,387
4,794
26, 933
5,511
4,896
24, 291
4,891
4,822
'23,732
4,701
4,676
9,237
5,286
10, 105
5,771
9,403
5,384
9,783
5,615
10, 013
5,752
10, 141
5,782
9,982
5,686
10, 194
5,824
10, 431
5,979
10, 946
6,284
11, 735
6,787
11,952
6,962
10, 105
5,771
' 9, 962 10, 324
' 5, 602 5,772
42, 657
19, 461
8,919
3,139
2,898
45, 838
20, 597
9,888
3,244
2,874
43, 014
19, 487
8,974
3,113
2,974
43,004
19, 542
9,008
3,146
2,955
43, 118
19, 567
9,084
3,102
2,966
43, 025
19, 044
8,711
3,042
2,924
43, 438
19, 365
9,047
3,015
2,927
43, 874
19, 358
9,011
3,078
2,908
44, 322
19, 756
9,394
3,108
2,898
44, 806
20, 079
9,738
3,072
2,867
45, 378
20,564
10,154
3,113
2,851
45, 537
20, 602
10, 146
3,165
2,841
45, 838
20, 597
9,888
3,244
2,874
45,270 45, 337
20,103 19, 936
' 9, 548 9, 266
' 3, 182
3,177
' 2, 790 2,771
23, 196
4,760
4,493
25, 241
5,132
4,803
23, 527
4,880
4,548
23, 462
4,909
4,569
23, 551
4,910
4,552
23, 981
4,972
4,641
24, 073
5,038
4,646
24, 516
5,092
4,694
24, 566
5,097
4,695
24, 727
5,037
4,704
24, 814
4,970
4,686
24, 935
5,028
4,795
25, 241
5,132
4,803
'25,167 25, 401
' 5, 131
5,093
' 4, 744 4,832
9,806
5,576
10,829
6,139
9,924
5,746
9,859
5,683
9,975
5,735
10, 275
5, 876
10, 274
5,904
10, 488
6,029
10, 483
6,027
10, 525
6,025
10, 633
6,060
10, 632
6,075
10, 829
6,139
'10,850
' 6, 162
10, 925
6,153
"94,194
103, 070
6,744
7,883
8,093
8,755
8,198
8,249
8,786
8,274
9,041
9,258
12, 541
' 8, 112
7,303
5,186
767
1,837
1,335
3,373
2,122
1,303
5,921
905
2,090
1,598
3,777
2,487
1,354
307
46
113
76
253
167
87
441
57
158
117
279
194
89
479
63
167
120
283
212
114
468
66
169
127
315
212
128
462
68
159
136
293
218
129
412
53
150
113
311
210
123
503
65
176
149
328
224
115
505
70
178
155
315
229
113
531
85
192
139
318
231
115
556
110
191
144
320
208
112
906
163
314
237
489
205
143
'387
'73
'131
101
'322
'203
'88
357
61
119
93
295
195
83
38, 395
41, 997
2,397
3,028
3,243
3,401
3,282
3,251
3,532
3,320
3,636
4,045
6,340
' 2, 808
35, 708
26, 184
4,821
39, 222
28,934
5,232
2,213
1,607
307
2,823
2,074
373
3,017
2,211
416
3,163
2,346
428
3,052
2,275
410
3,028
2,238
401
3,315
2,471
432
3,084
2,292
390
3,379
2,478
429
3,783
2,786
477
6,027
4,424
875
' 2, 613 2,421
'1,921
1,739
'326
323
« 34, 295
1,736
37, 163
1,816
2,829
113
3,045
135
2,876
163
3,303
171
2,903
180
3,072
173
3,244
147
2,955
134
3,303
159
3,148
146
3,409
171
' 3, 511 3,002
' 112
100
« 8, 381
8,305
8,555
8,482
8,551
8,693
8,718
8,578
8,822
8,739
8,902
' 9, 038 9,066
457
67
167
108
291
187
443
65
159
106
291
194
502
70
177
114
298
214
462
67
163
122
320
205
487
68
171
138
299
206
505
67
181
140
327
202
519
78
181
150
337
215
514
80
182
150
341
226
514
79
183
142
332
228
515
93
177
147
326
216
523
85
177
158
314
207
3,393
3,330
3,556
3,452
3,407
3,603
3,553
3,432
3,559
3,519
3,695
' 3, 646
3,177
2,339
430
3,109
2,297
412
3,325
2,440
449
3,220
2,367
439
3,168
2,326
439
3,379
2.501
450
3,338
2,493
439
3,199
2,360
418
3,316
2,432
440
3,264
2,406
437
3,447
2,556
442
' 3, 428 3,462
' 2, 498 2,524
'460
451
« 3, 095
154
3,060
152
2,988
160
3,039
154
3,088
164
3,094
162
3,146
146
3,120
143
3,197
158
3,199
142
3,213
131
' 3, 344
'136
non-
do
19,504 19,834
1,613
1,746
414
393 1
615 j
649
245
266
41, 346
18, 846
8,758
3,029
2,797
General merchandise group without non-
All retail stores, accounts receivable, end of yr. or mo.:
« 19,660
1,702
416
645
261
'487
'82
'173
125
'349
'215
20, 630
7,140
13, 490
8,677
11, 953
21, 490
7,174
14, 316
8,648
12, 842
19, 353
6,730
12, 623
7,950
11, 403
19, 230
6,732
12, 498
8,058
11,172
19, 427
6,865
12, 562
8,257
11, 170
19, 734
6,964
12, 770
8,459
11, 275
19, 806
7,189
12, 617
8,423
11, 383
19,566
7,151
12,415
8,223
11,343
19, 634
7,122
12, 512
8,228
11, 406
19, 734
7,134
12,600
8,260
11,474
19, 853
7,159
12, 694
8,326
11, 527
20, 143
7,082
13, 061
8,312
11, 831
21, 490
7,174
14, 316
8,648
12, 842
20, 670
6,826
13, 844
8,185
12, 485
19, 378
6,941
12, 437
8,317
11, 061
20, 140
6,976
13, 164
8,280
11,860
19, 741
7,068
12, 673
8,389
11, 352
19, 665
7,040
12, 625
8,388
11,277
19, 746
7,096
12, 650
8,368
11,378
19, 771
7,001
12, 770
8,280
11,491
19, 695
7,003
12, 692
8,186
11, 509
19,824
7,069
12,755
8,187
11,637
19, 849
6,988
12, 861
8,240
11, 609
19, 996
7,026
12, 970
8,299
11, 697
19,996
7,002
12, 994
8,198
11, 798
20, 087
7,055
13, 032
8,190
11, 897
20, 140
6,976
13, 164
8,280
11, 860
20, 274
6,955
13, 319
8,306
11, 968
9 Includes data not shown separately.
24, 480
4,894
4,784
2,637
529
89
174
134
340
219
3,716
3,277
136
§ Except department stores mail order.
Mar.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
S-13
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.*
LABOR FORCE, EMPLOYMENT, AND EARNINGS
POPULATION OF THE UNITED STATES
' 201. 18
i 203. 21
202. 40
202. 55 '202.70 '202.87 '203.04 '203.21
203.40
203. 61 '203.81 '204. 00
204.18
204.35
204.51
204.66
82, 271
78, 737
75, 921
72,104
3,817
2,816
84, 239
80, 733
77,902
74,296
3,606
2,831
82, 579
79, 104
76, 181
72, 896
3,285
2,923
82, 770
79,266
76, 520
73, 193
3,327
2,746
83, 137
79,621
77, 079
73,471
3,607
2,542
83, 085
79,563
77,264
73,370
3,894
2,299
85, 880
82, 356
78, 956
74, 589
4,367
3,400
86, 318
82,797
79, 616
75, 460
4,155
3,182
86,046
82, 516
79,646
75, 669
3,977
2,869
84, 527
80, 984
78, 026
74, 397
3,629
2,958
85, 038
81, 510
78, 671
75, 110
3,561
2,839
84, 920
81, 427
78, 716
75, 395
3,322
2,710
84, 856
81, 416
78, 788
75, 805
2,984
2,628
84, 105
80, 719
77, 313
74, 398
2,915
3,406
84,625
81, 283
77,489
74,495
2,994
3,794
85,008
81, 690
77, 957
74, 786
3,171
3,733
412
375
80, 199
77, 524
73, 688
3,836
2,675
351
80, 379
77, 650
73, 940
3, 710
2, 729
359
80, 434
77, 589
73, 928
3,661
2,845
381
80, 130
77, 321
73, 544
3,777
2,809
400
80, 504
77, 741
74, 058
3,683
2,763
385
80, 789
77, 931
74, 370
3,561
2,858
400
80, 987
78, 142
74, 528
3,614
2,845
385
81, 325
78, 194
74, 696
3,498
3,131
392
81, 523
78, 445
74, 999
3,446
3,078
363
81, 379
78, 528
75, 094
3,434
2,851
389
81, 583
78, 737
75, 302
3,435
2,846
392
82, 213
79,041
75, 615
3,426
3,172
409
82, 249
78, 822
75,323
3,499
3,427
465
82, 769
79, 112
75, 562
3,550
3,657
545
3.6
2.2
3.8
12.7
1.6
6.7
3.2
3.5
2.1
3.7
12.2
1.5
6.4
3.1
3.3
1.9
3.6
12.0
1.4
5.9
3.0
3.4
1.9
3.6
12.6
1.4
6.1
3.1
3.5
2.0
3.8
12.7
1.5
7.0
3.1
3.5
2.0
3.7
12.4
1.5
6.4
3.1
3.4
2.0
3.7
11.7
1.5
6.8
3.0
3.5
2.2
3.7
12.2
1.6
6.5
3.2
3.5
2.1
3.8
12.3
1.5
6.4
3.2
3.8
2.4
3.9
12.9
1.7
6.7
3.5
3.8
2.3
3.8
12.9
1.6
6.6
3.5
3.5
2.1
3.6
11.8
1.5
6.2
3.2
3.5
2.2
3.5
11.8
1.7
5.7
3.2
3.9
2.5
3.6
13.8
1.8
6.3
3.6
4.2
2.8
4.1
13.4
2.0
7.0
3.8
4.4
2.9
4.5
13.9
2.2
7.1
4. 1
2.0
Occupation: White-collar workers
_
4.1
Blue-collar workers
Industry of last job (nonagricultural):
3.6
Private wage and salary workers
.
6.9
Construction..
3.3
Manufacturing
3.0
Durable goods
EMPLOYMENT
Employees on payrolls of nonagricultural estab.: 1
Total, not adjusted for seasonal variation, .thous. . 67, 860
2.1
3.9
1.9
3.6
2.0
3.7
1.8
4.0
2.0
3.8
2.1
3.7
2.2
3.8
2.2
3.8
2.2
4.4
2.4
4.2
2.1
4.2
2.1
4.3
2.1
4.6
2.3
5.0
2.7
5.2
3.5
6.0
3.3
3.0
3.3
5.6
2.9
2.5
3.4
6.1
3.1
2.8
3.5
6.0
3.2
3.0
3.5
5.7
3.1
2.9
3.5
5.1
3.3
3.2
3.5
5.9
3.2
3.1
3.5
7.0
2.9
2.3
3.9
7.4
3.7
3.2
3.8
7.3
3.6
3.2
3.6
5.4
3.7
3.6
3.6
6.0
3.8
3.7
3.9
7.1
3.8
3.8
4.3
7.9
4.6
4.7
4.6
8.1
4.7
4.8
70, 141
68, 403
68,894
69, 462
69,929
70, 980
70,347
70, 607
70, 814
71, 198
71, 227
71, 629 '69,797 '69,881
70, 267
67, 860
610
3,267
19, 768
11, 624
70, 141
628
3,411
20, 121
11,880
69, 487
628
3,366
20, 061
11,839
69, 710
626
3,374
20, 122
11, 881
69, 789
624
3,363
20, 111
11, 868
70,013
622
3,407
20,118
11,874
70,300
622
3,466
20, 198
11,931
70,247
629
3,434
20,164
11,912
70,500
631
3,410
20, 334
12, 081
70,390
631
3,420
20, 197
11, 965
70, 651
631
3,418
20, 156
11, 932
70, 635
632
3,461
20,004
11, 740
70, 679
635
3,459
20,007
11, 738
342
598
474
637
1,314
1,394
1,961
1,982
2,028
460
435
8,144
1,781
84
991
1,408
693
1,063
1,026
187
557
356
328
600
492
661
1,350
1,454
2,006
2,038
2,035
470
444
8,241
1,794
81
987
1,418
716
1,086
1,049
184
581
345
346
607
494
666
1,330
1,444
1,997
2,026
2,020
468
441
8,222
1,801
82
999
1,409
713
1,077
1,044
170
577
350
346
608
494
664
1,332
1,451
1,993
2,036
2,042
470
445
8,241
1,793
83
995
1,417
714
1,078
1,045
187
579
350
343
604
496
658
1,326
1,450
1,999
2,046
2,029
472
445
8,243
1,795
81
991
1,425
710
1,078
1,044
190
579
350
342
610
496
656
1,333
1,453
1,999
2,058
2,009
474
444
8,244
1,793
82
987
1,426
714
1,075
1,046
190
581
350
337
607
496
662
1,347
1,456
2,010
2,063
2,035
473
445
8,267
1,789
81
990
1,429
717
1,083
1,055
191
584
348
332
600
491
658
1,348
1,456
2,007
2,070
2,032
471
447
8,252
1,787
81
988
1,423
716
1,084
1,054
191
585
343
325
598
493
659
1,361
1,465
2,005
2,076
2,183
473
443
8,253
1,797
83
979
1,414
718
1,089
1,052
190
586
345
314
595
492
660
1,378
1,468
2,020
2,075
2,054
469
440
8,232
1,791
80
979
1,412
718
1,093
1,051
189
583
336
306
589
491
662
1,381
1,456
2,030
2,076
2,030
469
442
8,224
1,777
78
977
1,410
720
1,099
1,050
191
583
339
304
591
488
664
1,378
1,456
2,012
1,958
1,983
468
438
8,264
1,808
78
979
1,409
722
1,103
1,053
193
581
338
299
591
486
664
1,371
1,459
2,025
1,952
1,972
468
451
8,269
1,803
76
982
1,414
724
1,102
1,055
193
581
339
4,313
14, 081
3,618
10, 464
4,448
14,644
3,767
10, 876
4,373
14, 468
3,714
10, 754
4,399
14, 508
3,726
10, 782
4,439
14, 533
3,737
10, 796
4,444
14,609
3,758
10, 851
4,467
14, 665
3,774
10,891
4,483
14,671
3,773
10,898
4,484
14, 702
3, 776.
10, 926
4,480
14, 716
3,787
10, 929
4,480
14,809
3,807
11,002
4,484
14, 836
3,815
11,021
3,383
10, 592
11, 846
2,737
9,109
3,559
11, 103
12, 227
2,757
9,469
3,502
10, 967
12, 122
2,767
9,355
3,515
11, 034
12, 132
2,759
9,373
3,531
11, 044
12, 144
2,758
9,386
3,541
11,065
12,207
2,754
9,453
3,557
11,066
12, 259
2,790
9,469
3,568
11,067
12,231
2,777
9,454
3,581
11, 120
12, 238
2,752
9,486
3,586
11, 150
12, 210
2,749
9,461
3,595
11, 244
12, 318
2,729
9,589
14, 505
14,735 14, 584 14, 644 14, 604
Seasonally Adjusted
Total..
_- .
thous
14, 505
14,735 14, 731 14, 771 14, 739
Durable goods
do
8,456
8,634
8,639 8,628 8,654
Ordnance and accessories
do...
192
195
183
193
197
Lumber and wood products
do
519
521
527
525
528
Furniture and fixtures
do
392
410
410
413
409
Stone, clay, and glass products
"do
510
530
537
535
529
Primary metal industries _
do
1,046
,058
,079
1,063
1,057
Fabricated metal products ...
do
1,075
,120
,115
1,121
1,118
Machinery, except electrical
do'""
1,341
,370
,372
1,370
1,363
Electrical equipment and supplies
do
1,324
,357
,355
1,364
1,369
Transportation equipment
do" " "
1,433
,426
,431
1,432
1,420
Instruments and related products
do
284
290
289
292
292
Miscellaneous manufacturing ind
do
341
347
34fi
34Q
348
' Revised.
v Preliminary.
1 As of July 1
wit
t] e Mar
rJS!^™ K J
\ 1970 issue of the SURVEY, labor force data reflect new seasonal
.actors comparable figures for prior periods appear in EMPLOYMENT AND EARNINGS, Feb. 1970
( UbDL, Bureau of Labor Statistics).
14, 624
14, 923
14,665
14, 971
14, 997
14, 740
8,630
192
530
412
526
1,062
1,121
1,366
1,381
1,399
294
14, 811
8,687
188
528
411
532
1,076
1,122
1,377
1,379
1,434
292
348
14,772
8,668
187
520
408
526
1,077
1,122
1,369
1,388
1,430
291
3*n
14, 922
8,823
181
518
410
527
,087
1,128
1,366
,387
,582
292
345
14, 772
8,701
173
516
408
529
1,106
1, 127
1,380
1,383
1,447
289
343
Total incl armed forces overseas
mil
LABOR FORCE
Labor force, persons 16 years of age and over__thous_
Civilian labor force
do
Employed total
do
Nonagricultural employment
do
Agricultural employment
do
Unemployed (all civilian workers)
do
Seasonally Adjusted t
Civilian labor forcet
do
Employed total
do
Nonagricultural employment
do
Agricultural employment
do
Unemployed (all civilian workers)
do
Long-term, 15 weeks and over
do
Rates (unemployed in each group as percent
of total in the group) :t
All civilian workers
Men, 20 years and over
Women, 20 years and over
Both sexes, 16-19 years.
Married men
Negro and other races
White workers
Seasonally Adjusted
Total.
Mining
Contract construction
Manufacturing
Durable goods
thous
do
do.
do
do
Ordnance and accessories.
do
Lumber and wood products
. .do
Furniture and fixtures
do. .
Stone, clay, and glass products
do
Primary metal industries
do
Fabricated metal products _
do
Machinery, except electrical
do...
Electrical equip, and supplies
do
Transportation equipment
do
Instruments and related products
do
Miscellaneous manufacturing ind
do
Nondurable goods. .
do
Food and kindred products
. . do
Tobacco manufactures - do
Textile mill products
..do
Apparel and other textile products. ..do
Paper and allied products.. ..
do
P rinting and publishing
do
Chemicals and allied products _ .
do
Petroleum and coal products . . do
Rubber and plastics products, nee. ..do
Leather and leather products
do
Transportation, communication, electric, gas,
and sanitary services
thous
Wholesale and retail trade
do
Wholesale trade
do
Retail trade..
do
Finance, insurance, and real estate
do
Services
do
Government..
.
do
Federal..
do
State and local.
do
Production workers on manufacturing payrolls: 1
Total, not seasonally adjusted.
.
thous
347
'70,818 '70,990
'634
'634
' 3, 334 ' 3, 416
' 19, 965 ' 19, 880
'11,663 '11 606
290
591
'486
661
' 1, 353 '
' 1, 452 '
' 2, 018 '
' 1, 948 '
' 1, 951 '
'466
'447
' 8, 302 '
'1,814 '
80
986
1,421 '
726
' 1, 106 '
' 1, 056
194
581
338
71, 033
632
3,432
19, 824
11, 590
'284
'581
481
'663
1, 344
1, 445
2, 021
2, 041
1, 837
'464
'445
8, 274
1, 825
'80
'973
1, 404
'725
1, 106
1,057
194
'577
'333
281
578
479
655
1,329
1,438
2,018
2,031
1,877
462
442
8,234
1,811
81
964
1,395
723
1,104
1,052
195
575
334
4,489
14, 773
3,837
10, 936
4,521 ' 4, 511
14, 939 14, 985
' 3, 865 ' 3, 878
11, 074 11, 107
4,540
14, 916
3,877
11,039
3,613
11, 264
12, 341
2,721
9,620
3,623
11, 297
12, 396
2,720
9,676
' 3, 650
11, 349
12, 426
2,714
' 9, 712
3,654
11,417
12, 493
' 2, 721
' 9, 772
3,668
11,437
12, 584
2,795
9, 789
14, 918
14, 732
14, 647
14, 365
14, 315
14, 307
14, 732
8,674
168
509
408
531
109
117
387
389
423
288
345
14,588
8,492
167
510
404
530
1,104
1,116
1,372
1,278
1,385
286
14, 582 14, 542 14, 467 14, 431
8,487 '8,417 ' 8, 369 8,370
163
152
156
'153
511
'512
'500
498
402
403
399
396
531
521
' 529
'526
1,097
1,081 ' 1, 067 1,055
1,119 ' 1, 113 ' 1, 104
1,098
1,381
1,376 ' 1, 377 1,374
1,269 ' 1, 263 'r 1, 356 1,352
1,375
1,297
1, 252
1,354
286
283
' 284
'283
340
353
r 350
r 348
344
^Payroll employment, hours, earnings, and turnover monthly data (revised to new benchmarks and seasonal factors, and comparable with current estimates) for 1965-68 appear in
BUSINESS STATISTICS (1969); earlier monthly data, and averages prior to 1939, are available
upon request. Publication of BLS BULLETIN 1312-7, referred to in the 1969 BUSINESS STATISTICS, is now scheduled for release in the Fall of 1970.
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown in
the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
April mo
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
6,095 r 6,125 ' 6, 098 6,061
1,214
1, 226 ' 1, 240 1 226
63
'67
67
67
863
855
••867
847
1,241 ' 1, 247 ' 1, 230 1,223
561
^562
'562
560
685
'686
685
683
614
'612
613
608
118
' 119 ' 119
120
446
'449
442
'444
290
'289
'284
285
Jan.
Feb.
Mar."
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
EMPLOYMENT— Continued
Seasonally Adjusted
Production workers on manufacturing payrolls—
Continued^
Nondurable goods
thous..
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apriarel 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
do
Leather and leather products _
_ _ do
6,049
1,191
71
878
1,242
537
665
608
118
431
306
6,096
1,204
68
871
1.245
555
676
617
113
450
296
6,103
1,215
69
883
1,238
555
672
620
101
448
302
6,117
1,208
69
880
1,246
555
673
620
116
449
301
6,105
1,205
68
875
1,252
549
672
617
118
449
300
6,110
1,206
69
871
1,255
554
669
617
118
451
300
6,124
1,201
69
873
1,255
556
674
623
119
455
299
6,104
1,197
68
873
1,248
555
675
620
119
455
294
6,099
1,204
70
863
1,242
557
676
619
118
454
296
6,071
1,199
67
862
1,239
557
678
614
117
451
287
6,058
1,185
65
860
1,238
557
683
613
118
450
289
6,096
1,217
65
862
1,238
558
685
614
119
449
289
42.7
37.4
40.7
43.1
38.0
40.6
42.8
37.9
40.7
40.9
3.7
43.8
38.0
40.5
40.8
3.7
43.4
38.1
40.7
40.7
3.6
42.0
37.6
40.9
40.7
3.6
42.6
37.5
40.5
40.7
3.6
43.2
37.9
40.6
40.6
3.7
43.2
38.1
41.0
40.8
3.7
42.9
37.5
40.7
40.5
3.5
43.8
38.2
40.6
40.5
3.5
43.4
38.2
41.0
40.7
3.5
'42.8
'37.2
40.1
40.3
3.3
43.5
'38.4
39.8
39. 9
3.2
43.0
38.2
40.0
40.2
3.1
HOURS AND MAN-HOURS
Seasonally Adjusted
Average weekly gross hours per production worker
on payrolls of private nonagricultural estab.:t
Mining
hours
Contract construction
.
.
do
Manufacturing: Not seasonally adjusted
do
Seasonally adjusted
do
Overtime hours
do
3.6
3.6
43.3
38.0
40.0
40.1
3.5
do
do. _ do
do
do. ..
do
do
.do
do
41.4
3.8
41.5
40.6
40.6
41.8
41.6
41.7
42.1
41.3
3.8
40.5
40.2
40.4
42.0
41.8
41.6
42 5
40.9
3.8
40.3
40.8
40 1
42.2
41.6
41.2
42 3
41.5
3.9
40.8
40.9
40.7
42.3
41.9
41.9
42 7
41.4
3.8
40.9
40.2
40.9
42.0
41.8
41.8
42.6
41.4
3.8
40.6
40.3
40.9
42.1
41.7
41.6
42.6
41.3
3.9
40.9
40.2
40.7
41.9
41.7
41.8
42.5
41.2
3.8
40.2
39.7
40.1
41.7
41.5
41.6
42.2
41.3
3.8
40.4
39.8
40.3
42.1
42.0
41.6
42.6
41.5
3.9
40.4
40.1
40.1
42.1
42.2
41.5
42.7
41.2
3.7
40.1
40.0
39.9
41.7
42.2
41.4
42.4
41.1
3.5
40.4
40.3
39.9
42.0
41.6
41.4
42.2
41.3
3.6
40.5
40.4
40.0
42.1
41.6
41.6
42.6
'40.9
3.4
'40.6
'39.4
39.5
' 41.6
41.2
41.4
42 3
' 40.4
3.2
' 41.0
'40.1
'39 1
' 41.7
'40.9
'41.1
' 41 8
40.7
3.1
41.1
39.8
39.5
41.9
40.7
41.3
41.7
do
do
do
.do
40.3
42.2
40.5
39.3
40.4
41.5
40.7
39.0
39.7
41.6
39.7
37.6
40.7
41.6
40.7
39.0
40.9
41.5
40.8
39.5
40.6
41.1
40.8
39.1
40.6
41.6
40.9
39.2
40.3
42.3
40.9
39.1
40.4
41.2
40.9
39.0
40.5
41.8
41.0
39.0
40.2
41.3
40.7
38.8
40.1
40.6
40.9
38.9
40.3
41.5
40.9
39.2
40.4
40.0
40.7
39.2
'39.7
40.3
' 40. 1
38.8
40.1
40.4
40.7
39.0
39.8
3.3
40.8
37 8
41.2
36.1
39.7
34
40 8
37 4
40 8
35 9
39.1
32
40 7
36 6
39 9
35 2
39.9
34
40.9
36 5
40 9
36 0
39.8
3.4
40.9
36 4
41 1
36.0
39.8
3.4
40.8
38.1
41.0
36.1
39.8
3.4
40.7
39.5
41.2
36.2
39.7
3.4
40.6
38.2
41.2
36.0
39.6
3.4
40.9
37.2
40.9
35.9
39.7
3.3
41.0
37.4
40.8
35.8
39.5
3.3
40.5
37.2
40.6
35.7
39.6
3. 3
40.8
37.4
40.8
35.8
39.8
3.3
40.8
36.3
40.9
36.0
'39.6
34
40.8
38 3
'40 2
35 7
'39.3
'3 2
40 8
'37 3
'40 1
'35 5
39.4
3.1
40.7
37.7
40.2
35.4
42.9
38 3
41.8
42.5
41 5
38.3
43.0
38 3
41 8
42.6
41 1
37.2
42.5
37 9
41 7
42.6
40 7
35.3
43.2
38 3
41.7
43.2
41 4
37.6
43.4
38.3
41.6
42.9
41.4
37.7
43.0
38.4
41.8
43.0
41.4
37.6
42.9
38.4
41.8
42.2
41.3
37.4
43.0
38.5
41.9
42.9
41.2
37.0
42.8
38.4
41.9
42.8
40.9
36.8
42.8
38.3
41.6
42.0
41.0
37.1
42.7
38.3
41.7
42.6
40.9
37.3
42.7
38.4
41.9
42.7
40.8
37.4
42.8
38.6
41.8
42.2
41.1
37.7
'43.0
'38 2
42 0
'42.4
40 9
'37.6
'42.4
'38 0
41 8
'42.7
'410
'36.9
42.3
38.0
41.9
42.2
40.3
37.2
36 0
40 1
34 7
37.0
35 6
40 2
34 2
37.1
35 7
40 1
34 2
37.1
35 7
40 1
34 3
37.1
35 6
40 2
34 1
37.1
35.7
40.1
34.3
37.0
35.7
40.0
34.2
37.2
35.7
40.0
34.2
37.0
35.8
40.3
34.3
37.0
35.7
40.3
34.2
37.1
35.5
40.3
33.9
37.1
35 5
40.2
34 0
37.2
35 4
40 4
33 8
36.9
35 4
40 3
r 33 g
'36.9
r 35 4
r 40 2
' 33 7
'37.0
35 4
40.1
33 8
37.0
Seasonally Adjusted
Man-hours in nonagric. estab., all employees, seasonally adjusted at annual rate
bil. man-hours -.
134. 62
139. 06
137. 08
138.44
138.42
139. 15
139. 43
139. 44
140. 18
139. 87
139. 80
139. 90
Man-hour indexes (aggregate weekly), industrial
and construction industries, total
1957-59=100..
Mining _
do
Contract construction
.
do
Manufacturing. _
do
Durable goods
.. do
115.4
78.6
112.0
117.9
123.4
117.9
82 1
119.1
119 5
125 9
116.8
82.5
118.0
118.4
124.9
118.3
81.1
117. 7
120.3
126.8
118.1
82.8
117.4
120.0
126.3
118.1
81.7
119.3
119.7
125.8
118.6
78.9
119.5
120.4
126.9
118.0
81.4
117.9
119.8
126.2
119.0
82.8
118.1
121.0
128.5
118.4
83.0
119.5
120.0
127.2
117.3
82.1
117.6
119.1
126.0
116.9
83.8
121.4
117.7
122.9
117.4
115.1 ' 115. 2
83.4 '82.2 ' 83.8
121. 7 ' 113. 7 ' 120. 3
r
118.3
117.0 ' 115. 8
123.7
121.3 ' 119. 9
114.9
82.1
120.0
115.6
120.2
do
.do .
do
do
223.8
93.9
128 0
109.2
208 6
93 5
132 7
114.0
221.1
95.9
132.3
115.9
226.2
96.3
134.2
115.7
222.1
94.2
135.9
113.6
219.3
95.3
135.6
113.3
216.3
94.7
134.6
114.0
211.5
92.1
131.6
112.2
205.7
92.0
132.9
113.5
196.7
92.3
131.6
113.9
189.6
90.8
131.0
113.3
189.8
91.7
129.7
113.9
185.8 ' 178. 2 ' 176. 5
92.1 ' 90.0 '89.4
129.4
128. 1 r 125. 5
114.3 '111.9 ' 112. 8
175.8
88.4
125.8
111.7
do ..
do
do
110.2
126.9
133.0
114.3
131.9
137.5
111. 5
130.1
136.7
112.9
133.0
137.3
111.9
132.4
137.7
112.2
132.1
137.3
113.7
132.8
138. 1
113.2
132.2
136.3
115.7
132.9
137. 3
118.3
132.5
139.0
118.6
116.4
130.9
136.6
115.6
112.8 ' 110. 6
131.9 ' 130. 5 ' 128. 5
138.8
135. 8
137.3
108.8
128.4
135. 2
Electrical equipment and supplies . . . .do
Transportation equipment
do
Instruments and related products
do .
Miscellaneous manufacturing ind. . . -do
143.5
121.7
126.0
109.7
147.4
119.5
129.4
110.4
144.7
119.4
125.7
106.3
149.3
119.9
130.2
111.2
150.6
118.6
130.6
112.3
150.8
115.7
131.5
110.8
150.6
120.0
130. 9
111.4
150.4
121.7
130.4
111.8
150.7
131. 2
130.9
109. 9
150.7
121. 7
129.9
109.3
150. 2
128. 5
109.3
137.8
113.1
128.2
108.0
137.5 ' 137. 2
114.8
109.0
128.2 ' 126. 2
113.0 ' 112. 1
' 144. 8
' 101. 5
' 124. 8
' 110. 3
145.8
105.4
126.2
109. 6
110.7
96.2
82.2
106.7
117.5
111.2
97.3
77.1
105.0
117.3
109.8
97.9
77.0
104.1
114.3
111.8
97.8
76.8
106.3
117.6
111.7
97.6
75.5
106.2
118.2
111.8
97.4
80.2
105.5
118.8
112.1
96.8
83.1
106.2
119.1
111.5
96.2
79.2
106.2
117.8
111.2
97.5
79.4
104.3
116. 9
110.6
97.3
76.4
103.9
116.3
110.0
95.0
73.7
103.1
115.9
111.1
98.3
74.1
103.9
116.2
111.3 '111.4
98.1 '99.0
69.7
104.3 ' 102. 9
117.2 ' 116. 7
' 110. 4
' 100. 2
'76.2
' 101.3
' 114. 5
109.6
98. 8
77.0
100.6
113.5
117.7
117.0
122.4
83.0
157.2
96.0
121.7
119.2
124.2
79.5
162.8
90.1
120.4
117.0
124.5
71.0
160.4
87.2
122.4
118.5
124.5
82.8
163.5
92.6
121.6
118.3
123.6
83.6
163.5
92.5
121. 6
118.1
124.2
83.8
164.2
92.3
121.7
118.9
125. 4
82.9
165.3
91.5
121.8
119.4
125.1
84.3
164. 9
89.0
121.7
119.3
124.9
83.4
163.3
89. 1
121.7
119. 3
123. 0
81.2
162.6
87.1
121.4
120.2
123.1
83.0
161.9
88.2
121.6
120.9
123.9
83.9
161.1
88.4
122.5 ' 123. 3
121.5 ' 120. 4
123.6
124.0
82.2
83.3
161.2 '161.5
89.5 '88.9
'121.6
'119.6
' 123. 2
' 83. 9
160.1
'85.8
120. 9
119.3
122. 7
83.6
156.7
86.8
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 electrica1
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 ..
do
do. ..
do
do
do. 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
.do
Leather and leather products
..do
Wholesale and retail trade
Wholesale trade
_ .
Retail trade
Finance, insurance, and real estate
Ordnance and accessories
...
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products.
Machinery, except electrical
Nondurable goods. _
Food and kindred products
.
Tobacco manufactures
Textile mill products
Apparel and other textile products
do
do. .
do
do
do
do
do
do
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 .. ..do ...
Leather and leather products
..do
r
Revised.
p Preliminary.
f See corresponding note, p. S-13.
139. 96 ' 139. 31 ' 139. 53 139. 94
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Annual
S-15
Feb.
Mar.
Apr.
May
1 June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.p
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
WEEKLY AND HOURLY EARNINGS
Not Seasonally Adjusted
'.weekly gross earnings per prod, worker on payrolls of private nonagricultural estab.: K
[ining
-- ..
dollars ..
ontract construction.
do
lanufacturing establishments
. ,do -
143. 05
164. 56
122. 51
154. 73
181. 64
129. 51
149. 60
166. 90
124. 80
148. 54
171. 86
127. 39
154. 78
174.46
127. 58
155.30
179.92
128. 61
150. 88
181. 34
129. 65
154.30
183. 91
129. 20
156.88
187. 77
129.51
157. 91
192. 96
132. 84
159. 71
190.08
131.87
160.58
184.02
132. 36
160. 58 ' 158. 58 ' 159. 70 159. 42
189. 25 ' 180. 64 ' 185. 98 189. 75
134. 89 131. 93 130. 54 132. 40
--do..
do
do
do
do
132. 07
135. 71
104. 34
100.28
124. 98
139. 59
139. 32
109. 75
105. 85
133. 56
135. 05
135. 54
104. 40
100. 84
126. 38
137. 45
137. 23
107. 86
103. 42
129. 27
137. 20
138. 11
106. 13
103. 46
131. 57
138. 69
138. 85
109. 08
105. 04
134. 41
139. 44
140. 76
110. 30
106. 90
134. 41
137. 83
136.91
108.78
104. 01
133.24
139. 33
139. 09
111.76
107. 71
136. 75
143. 45
141.69
114.33
109. 08
138.45
142. 42
141. 05
113. 93
108. 81
137. 57
142. 14
144. 49
113. 32
108. 81
137. 76
145. 53
145. 14
113. 36
110. 16
137.76
' 140. 24
'145.66
' 110. 43
' 104. 49
' 133. 82
142. 10
147. 24
112. 07
106. 23
136. 70
Primary metal industries ... __
Fabricated metal products
Machinery, except electrical
Electrical equip, and supplies
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
do
do
do
do
do
do
do
147.68
131. 77
141. 46
118. 08
155. 72
120. 69
98.25
158. 42
138. 53
152. 15
124. 84
161. 85
128. 61
103. 35
153. 14
133. 01
148. 82
120. 69
157. 03
123. 07
98.40
155. 82
136. 45
151.36
123. 42
157. 38
126. 17
102. 05
157. 45
136. 21
150. 80
122. 92
157. 44
125. 96
102. 44
157. 13
138. 03
151. 66
124. 34
158. 18
127. 39
102. 96
157. 92
139. 86
151. 66
125. 36
160. 58
129. 15
103. 88
157. 66
136.78
148.39
122. 98
162.66
127.17
101.38
160. 51
138. 86
149. 94
124.53
159. 17
128. 61
103. 22
162. 93
142.72
155. 00
127.39
167.09
131.84
104. 66
160. 55
141. 36
155. 61
126. 45
165. 92
131.70
105. 32
159. 39
141. 44
154. 87
126. 36
165. 17
133. 16
106. 50
160.99 ' 159. 42 ' 157. 08
143. 72 141. 04 ' 140. 42
159. 90 ' 156. 14 ' 155. 87
129. 24 127. 75 ' 127. 04
170. 49 '161.20 ' 158. 01
134.64 132. 44 '131.93
108. 74 ' 107. 59 108. 14
157. 08
142. 27
157. 08
128. 80
160. 80
133. 50
109. 09
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
do
do
do
do
do
109. 05
114. 24
94.12
91.05
79.78
115. 53
120. 36
98.74
95.47
82.93
110. 48
116. 40
95.21
90.57
79.90
113. 15
118. 08
94.70
93.66
83.13
113. 08
117.89
95.94
92.92
81.85
114. 34
119. 77
103. 02
94.07
82.67
115. 31
120. 25
111. 32
95.63
83.49
116. 22
122.36
104.43
95.65
82.21
116. 51
121. 30
94.50
97.99
83.85
118. 00
123.73
98.81
98.81
84.13
117. 51
120. 88
96.77
98.57
83.77
118. 21
123. 00
98.74
99.46
84.13
119. 60 '117.99 '117.69
124.64 ' 124. 74 123. 51
99.26 106. 76 ' 107. 01
99.95 ' 96. 80 ' 97. 04
84.37
83.07 ' 83. 78
118. 38
124. 31
107. 09
97.69
84.97
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
130. 85
133. 28
136. 27
159. 38
121. 18
85.41
139. 32
141. 33
145. 05
170. 83
126. 18
87.79
132. 19
136. 10
139. 86
161. 38
121. 30
83.18
135. 45
139. 03
140. 95
168. 67
123. 30
87.28
135. 99
138. 68
142. 46
174. 10
123. 82
85.78
137. 17
140. 18
143. 72
174. 50
125. 25
87.66
138. 46
141. 31
144. 63
170. 00
125. 97
88.83
140. 18
141.31
145.53
176.14
126.07
87.52
141. 04
142. 82
145. 53
171. 60
126. 69
87.19
142. 99
144. 75
146.78
172.10
129.90
87.58
142.33
144. 77
147. 62
173. 36
129.27
88.80
142. 43
145. 15
149. 52
175. 50
128. 64
90.51
143. 86
148. 59
149. 94
170. 97
130. 31
93.45
' 140. 28
' 144. 02
' 149. 76
' 176. 81
' 127. 48
' 92. 50
141. 04
146. 30
150. 84
174. 31
125. 20
91.51
do
do
do
do
86.40
122. 31
74.95
101. 75
91.14
129. 85
78.66
108. 33
88.60
126. 08
76.39
107. 59
88.85
126. 40
76.61
107. 22
88.96
127. 20
76.73
106. 85
89.92
128. 00
77.63
107. 30
91.55
129.92
79.35
108. 70
93.08
130. 17
80.96
107.96
93.70
131. 22
81.19
108. 04
92.46
132.59
79.69
108.41
92.13
132. 59
79.20
109.07
92.58
133. 87
79.30
110. 86
92.92 ' 93. 02 ' 93. 80
135. 60 ' 134. 67 ' 135. 20
79.79 r 79. 49 ' 79. 92
110. 26 •"111. 07 '112.48
94.07
136. 00
80.16
112.48
erage hourly gross earnings per production
worker on payrolls of nonagricultural estab.: 1
[ining
__ .dollars
ontract construction
do
lanufacturing
do
Excluding overtime
do
Durable goods
do
Excluding overtime
do
Ordnance and accessories
.... do
Lumber and wood products^
do ..
Furniture and
fixtures
do
Stone, clay, and glass products
do
3.35
4.40
3.01
2.88
3.19
3.05
3.27
2.57
2.47
2.99
3.59
4.78
3.19
3.05
3.38
3.23
3.44
2.73
2.62
3.18
3.52
4.56
3.12
3.00
3.31
3.17
3.38
2.61
2.54
3.06
3.52
4.62
3.13
3.00
3.32
3.17
3.38
2.65
2.56
3.10
3.55
4.64
3.15
3.02
3.33
3.19
3.41
2.64
2.58
3.14
3.57
4.71
3.16
3.03
3.35
3.20
3.42
2.68
2.60
3.17
3.55
4.71
3.17
3.03
3.36
3.21
3.45
2.71
2.62
3.17
3.58
4.74
3.19
3.06
3.37
3.23
3.44
2.74
2.62
3.18
3.59
4.79
3.19
3.06
3.39
3.24
3.46
2.78
2.64
3.21
3.63
4.91
3.24
3.09
3.44
3.27
3.49
2.83
2.68
3.25
3.68
4.95
3.24
3.10
3.44
3.29
3.50
2.82
2.68
3.26
3.70
4.96
3.26
3.12
3.45
3.31
3.55
2.84
2.70
3.28
3.70
5.02
3.29
3.15
3.49
3.34
3.54
2.82
2.70
3.28
'3.74
'5.06
3.29
'3.17
3.49
3.35
3.56
'2.82
'2.71
'3.28
'3.74
'5.04
3.28
3.16
'3.48
'3.35
'3.57
'2.81
2.70
3.28
3.76
5.06
3.31
3.19
3.50
3.37
3.60
2.83
2.71
3.31
Primary metal industries.
do
Fabricated metal products
.. do
Machinery, except electrical
do
Electrical equip, and supplies
do
Transportation equipment
do
Instruments and related products
do
Miscellaneous manufacturing ind
do
3.55
3.16
3.36
2.93
3.69
2.98
2.50
3.79
3.33
3.58
3.09
3.90
3.16
2.65
3.69
3.26
3.51
3.04
3.83
3.10
2.61
3.71
3.28
3.52
3.04
3.82
3.10
2.61
3.74
3.29
3.54
3.05
3.84
3.11
2.62
3.75
3.31
3.56
3.07
3.83
3.13
2.64
3.76
3.33
3.56
3.08
3.86
3.15
2.65
3.79
3.32
3.55
3.09
3.91
3.14
2.64
3.84
3.33
3.57
3.09
3.93
3.16
2.64
3.87
3.39
3.63
3.13
3.95
3.20
2.67
3.85
3.39
3.67
3.13
3.96
3.22
2.68
3.85
3.40
3.67
3.12
3.98
3.24
2.71
3.87
3.43
3.71
3.16
4.04
3.26
2.76
'3.86
3.44
'3.70
3.17
'4.02
3.27
'2.78
'3.85
'3.45
'3.72
'3.20
'3.98
'3.29
2.78
3.85
3.47
3.74
3.22
4.02
3.28
2.79
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
do
Leather and leather products
.do.. .
Wholesale and retail trade..
do
Wholesale trade
do
Retail trade
. do
inance, insurance, and real estate
do
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
2.75
2.91
2.79
2.95
2.64
2.34
2.31
3.24
3.69
3.47
4.01
3.07
2.36
2.56
3.23
2.30
2.92
2.84
2.73
2.91
2.63
2.27
2.27
3.14
3.61
3.37
3.87
3.01
2.33
2.51
3.16
2.26
2.90
2.85
2.74
2.93
2.66
2.29
2.29
3.15
3.63
3.38
3.95
3.00
2.34
2.51
3.16
2.26
2.89
2.87
2.76
2.94
2.68
2.30
2.28
3.17
3.64
3.40
4.03
3.02
2.35
2.52
3.18
2.27
2.88
2.88
2.77
2.95
2.74
2.30
2.29
3.19
3.66
3.43
4.03
3.04
2.35
2.54
3.20
2.29
2.90
2.89
2.77
2.94
2.79
2.31
2.30
3.22
3.68
3.46
4.00
3.05
2.35
2.55
3.24
2.30
2.93
2.92
2.80
2.97
2.77
2.35
2.29
3.26
3.68
3.49
4.04
3.09
2.34
2.55
3.23
2.30
2.91
2.92
2.79
2.93
2.52
2.39
2.31
3.28
3.70
3.49
4.00
3.09
2.35
2.56
3.24
2.30
•2.92
2.95
2.82
2.96
2.54
2.41
2.35
3.31
3.75
3.52
4.04
3.13
2.38
2.59
3.29
2.33
2.93
2.96
2.83
2.97
2.52
2.41
2.34
3.31
3.77
3.54
4.06
3.13
2.40
2.61
3.29
2.35
2.94
2.97
2.85
3.00
2.64
2.42
2.35
3.32
3.78
3.56
4.11
3.13
2.42
2.63
3.33
2.36
2.98
2.99
2.87
3.04
2.69
2.42
2.35
3.33
3.81
3.57
4.10
3.14
2.44
2.61
3.34
2.34
2.98
3.01
'2.90
'3.08
2.87
2.42
2.36
3.34
3.80
'3.59
'4.22
3.15
'2.46
'2.65
'3.35
2.38
3.01
3.01
2.90
3.08
'2.90
2.42
'2.36
'3.34
3.81
'3.60
'4.23
'3.14
'2.48
2.68
'3.38
2.40
'3.04
3.02
2.91
3.10
2.91
2.43
2.38
3.35
3.85
3.60
4.18
3.13
2.48
2.68
3.40
2.40
3.04
4.201
5.956
1.44
1
3. 466
4.629
6.514
1.58
4.422
6.224
4.422
6.228
4. 495
6.314
4.657
6.502
4.751
6.738
4.848
6.802
4.853
6.831
4.891
6.903
1.67
4.913
6.912
4.927
6.921
3.628
3.651
3.760
3.749
4.823
6.767
1.51
3.599
4.718
6.627
1 58
3.725
4.748
6.672
3.641
4.435
6.261
1 59
3.692
56, 015
46, 434
37.8
57. 914
47. 986
37.7
2.85
107. 73
3.04
114. 61
56, 159
46, 426
37.2
37.5
2.96
110.11
56, 615
46, 824
37.6
37.8
2.97
111.67
57, 188
47, 344
37.5
37.8
2.98
111.75
57, 623
47, 732
37.7
37.8
3.01
113. 48
58, 632
48, 648
38.0
37.8
3.03
115. 14
58, 525
48,504
38.1
37.8
3.04
115. 82
58, 877
48, 828
38.2
37.8
3.05
116. 51
58, 734
48, 718
38.0
37.8
3.10
117.80
58, 789
48, 764
37.7
37.6
3.11
117. 25
58, 729
48, 695
37.5
37.6
3.12
117.00
59, 038 ' 57, 308 '57,259
48, 993 -47,259 '47,180
'37.1
37.1
37.7
'37.4
37.4
37.5
3.15
3.13
3.11
117. 25 116. 12 '116.87
57, 529
47, 462
37.2
37.4
3.16
117. 55
95.28
78.61
106. 75
88.08
99. 99
78.30
111.44
96.57
77.50
107. 82
86. 53
97.76
77.83
109. 81
87.43
97.82
77. 39
109.95
86.99
99.13
78.18
110. 74
87.33
100. 40
78. 68
111.54
100.92
78.72
111.20
101. 45
78.83
111.44
86. 59
102. 44
79.23
114. 01
88.17
102. 01
78.59
113. 25
87.25
101. 82
78.02
113. 63
87.07
102. 01
77.69
115. 61
88. 05
Durable goods
Ordnance and accessories
Lumber and wood products
Furniture and
fixtures-.
Stone, clay, and glass products.
Wholesale and retail trade
Wholesale trade
Retail tradeinance, insurance, and real estate
cellaneous hourly wages:
onstruction wages, 20 cities (ENR) : d"
Common labor.
.. $perhr
Skilled labor.. .
do
arm, without board or rm., 1st of mo
do
lailroad wages (average, class I)
do
'142.04
' 145. 96
' 109. 98
' 105. 42
' 134. 15
' 141. 62
' 143. 26
' 149. 70
' 176. 82
128. 21
r 92. 74
PRIVATE NONPAR M SECTOR 1
Not Seasonally Adjusted
ployees on payrolls, exc. gov't. & farm___thous_.
roduction or nonsupervisory workers
do
Hrs. (gross), av. weekly: Unadjusted. _ .hours. _
Seasonally adj.. do
Hourly earnings (gross), average
dollars
Weekly earnings (gross), average
do .
Spendable earnings per worker (with 3 dependents), total private.. current dollars. 1957-59 dollars..
Manufacturing _ .
current dollars
1957-50 dollars
r
87 27
Revised.
» Preliminary.
1 Includes adjustments not distributed by months.
USee corresponding note, p. S-13.
87.41
86.74
101. 97 ' 102. 57
77.37 ' 77. 41
114. 48 113.38
85.57
86.86
cfWages as of Apr. 1, 1970: Common, $4.963; skilled, $6.963.
s_16
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued
HELP-W ANTED ADVERTISING
Seasonally adjusted indext
1957-59=100..
LABOR TURNOVER
Manufacturing establishments:
Unadjusted for seasonal variation:
Accession rate, total
mo. rate per 100 employees..
New hires
do
Separation rate total
do
Quit
do
Layoff
.__do
Seasonally adjusted:
Accession rate total
do
New hires
do
Separation rate, total
do
Quit
do
Layoff
do
206
r 228
230
231
233
232
228
227
224
235
227
222
217
203
P203
4.6
3.5
4.6
2.5
1.2
4.7
3.7
4.9
2.7
1.2
3.9
3.0
4.0
2.1
1.0
4.4
3.4
4.4
2.4
1.0
4.5
3.5
4.5
2.6
.9
4.8
3.8
4.6
2.7
.9
6.6
5.4
4.5
2.6
.9
5.1
3.9
5.3
2.6
1.6
5.6
4.3
6.2
4.0
1.1
5.9
4.8
6.6
4.4
1.1
4.9
4.0
5.3
2.9
1.3
3.6
2.8
4.3
2.1
1.3
2.9
2.1
4.1
1.6
1.8
4.0
2.9
••4.8
2.1
T
1.7
"3.5
P2.6
p4. 2
pl.9
Pl.4
4.6
3.7
4.6
4.0
4.9
3.9
4.8
3.7
5.0
3.8
4.8
3.7
4.5
3.5
4.8
3.8
4.7
3.6
5. 1
2.9
5.0
2.7
4.4
3,4
4.8
2.5
4.6
3.5
4.3
3.3
4. 9
2.5
1,, 5
P4.2
P3.2
P 5. 0
p 2.4
P 1. 6
INDUSTRIAL DISPUTES
Strikes and lockouts:
Beginning in period:
5,045
Work stoppages
number. _
2,649
Workers involved
thous
In effect during month:
"Work stoppages
number
Workers involved
thous
49, 018
Man-days idle during period
_ _ __do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
5,733
Nonfarm placements
thous
Unemployment insurance programs:
1,187
Insured unemployment all programs
do
State programs:
10, 463
Initial claims
_
.
do
1,111
Insured unemployment, weekly avg do
Percent of covered employment:^
2.2
Unadjusted
Seasonally adjusted
936
Beneficiaries, weekly average
thous .
Benefits paid
mil. $ '2,031.6
Federal employees, insured unemployment,
23
weekly average
thous
Veterans' program (UCX):
289
Initial claims
_ do32
Insured unemployment, weekly avg
do
29
Beneficiaries weekly average
do
69.2
Benefits paid
mil. $
Railroad program:
139
Applications
thous
20
Insured unemployment, weekly avg do
40.4
Benefits paid
_ _
_ mil. $.
2.7
1.1
2.7
1.2
2.7
1.0
2.8
1.1
2.7
1.1
2.7
1.2
5,600
2,530
330
137
420
112
570
253
660
219
560
181
44, 500
500
266
2,590
600
261
2,080
770
303
2,740
870
329
3,530
800
302
3,370
4.8
2.6
r
4.6
2 5
r
1.1
1.2
500
220
500
160
490
157
510
317
310
132
175
33
260
55
290
106
760
307
3,420
770
280
2,890
740
215
1,830
750
372
2,850
550
323
4,050
385
208
3,990
420
233
3,730
1,820
1.3
1.2
1.4
460
296
5,153
373
397
454
437
512
469
471
503
463
372
311
326
295
1,177
1,550
1,384
1,162
970
911
1,088
1,015
902
929
1 105
1,464
1 957
1 987
10, 385
1,101
756
1,459
613
906
710
852
1,105
1,021
731
948
655
840
745
864
866
1 030
1,363
1,375
1, 529
1 847
1,169
1 874
1.8
2.0
800
1.7
2.1
744
2.0
2.2
788
1.8
2.2
832
1.6
2.2
706
1.6
2.2
686
2 0
2 3
2.3
36
2 5
1 459
299 4
3 6
2 6
1 629
310 8
2.1
923
890
2.9
2.1
709
1,300
2.6
2.1
1,090
2.2
2.0
2 7
r
2, 127. 9
1,290
234.2
1,190
226.5
1,022
200.1
153.0
135.0
159.2
156.7
136.2
139.5
136 6
1,020
214 3
20
24
23
20
17
18
19
18
17
18
22
24
28
30
333
37
34
27
43
42
8.0
24
40
39
7.8
22
35
35
7.4
20
29
28
5.8
26
30
27
5.5
32
36
31
6.9
27
37
35
7.2
26
32
30
6.5
29
32
28
6.3
30
38
32
39
48
42
6 2
9 5
44
61
55
12 0
38
66
61
6
23
4.3
5
21
4.1
5
18
3.4
11
17
2.8
11
11
2.0
17
13
2.1
7
13
2.4
6
13
2.5
10
15
9Q
2 5
5
17
9
2 9
5
14
18
32
4 1
3 4
4,880
26,004
10, 159
15, 845
4,991
28, 346
10, 352
17, 994
5,145
29, 476
11, 350
18, 126
5,232
29, 564
11,871
17, 693
5,256
31, 791
12, 067
19, 724
5,212
33, 497
12, 524
20, 973
5,451
31, 624
11,817
19, 807
5,288
34,264
12, 038
22, 226
5,249
35, 935
12, 875
23, 060
12, 941 112, 854
U2, 841
12, 996 1 12, 819 U2,803
13, 204
13,388
13, 597
6,714
1,732
4,758
6,738
1,804
4,846
6,777
1,844
4,975
87.0
100
17
37.0
763
12 0
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
4,428
20, 497
7,201
13, 296
5,451
31, 624
11,817
19, 807
11, 748
13, 204 Ul,946
6,126
1,577
4,044
6,714
1,732
4,758
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (233 SMSA's)O
bil $
New York SMSA
do
Total 232 SMSA's (except N.Y.) .
6 other leading SMSA's?
226 other SMSA's
.
Reserve bank credit outstanding, total 9 _.do
Discounts and advances
do
U.S. Government securities. _ _
do
Gold certificate account
Liabilities, total 9
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
r
6,226
1,680
1
4,040
4,464
23,681
9,003
14, 678
4,510
24, 390
10, 076
14, 314
12, 324 i 12, 344 1 12, 514
6,317
1,663
4,344
6,412
1,648
14,284
6,484
1,614
i 4, 416
6,557
1,594
4,790
6,605
1,594
i 4, 655
6,645
1,573
i 4, 624
6,676
1,585
4,736
6,700
1,680
i 4, 439
6,704
1,705
14,394
4, 903. 2 4, 840. 9 4, 981. 8 5, 050. 0 5, 229. 6 5, 334. 2 5, 281. 7 5, 425. 8 5, 399. 3 5, 277. 0 5,362.2 ••5,493.5 5 519 9
2,047.2 1, 974. 3 2, 028. 9 2, 083. 2 2, 164. 4 2, 244. 4 2, 242. 8 2, 249. 6 2, 254. 7 2, 224. 8 2, 212. 9 2, 277. 4 2, 283. 4
2, 856. 1 2, 866. 6 2 952. 9 2, 966. 8 3, 065. 2 3, 089. 8 3, 038. 9 3,176.3 3, 144. 7 3, 052. 2 3,149.3 3, 216. 1 3, 236. 5
78, 972
84, 050
77,849
78, 772
82, 213
80, 753
80, 516
79, 473
80, 281
80,285
81,919
84, 315
84, 050 '83,133 '83,283
82, 662
56, 614
188
52, 937
60, 841
183
57, 154
55, 857
744
52,275
55,419
1,148
52, 405
58, 108
2,532
53, 113
56, 891
1,832
53, 759
56,601
1,049
54, 095
57, 454
750
54, 138
58, 626
1,514
54, 911
56, 948
928
54, 134
59, 592
1,690
55, 515
61, 603
1,531
57, 318
60,841 ••59,931 ^59,595
183 r 1, 565 ' 1, 148
57, 154 55, 709 55, 823
59, 301
684
55, 785
do
10,026
10, 036
10, 025
10, 025
10, 023
10, 022
10, 027
10, 027
10, 027
10, 036
10, 036
10, 036
10,036
11,045
11, 045
do
78, 972
84, 050
77,849
78, 772
82, 213
80, 753
80, 516
79, 473
80, 281
80, 285
81,919
84, 315
84, 050 ••83,133 '83,283
82, 662
do
...do. .
23, 473
21,807
24, 338
22, 085
23, 909
22, 801
23, 289
21, 588
25, 882
24, 344
25, 405
23, 705
22, 714
20, 750
23, 331
21,772
24, 271
22, 789
23, 317
21, 656
25, 150
23, 613
24, 918
23, 385
24, 338 ••25,608 ' 25, 348 24, 679
22, 085 ••23,637 ' 23, 344 22, 448
do
45, 510
48, 244
43, 992
44, 232
44, 196
44,811
45, 299
45, 566
45, 885
45, 818
46, 128
47, 191
48, 244
Revised.
p Preliminary.
i Data for indicated month exclude loans by Federal
Intermediate Credit Banks outside the Farm Credit Adm. system.
i Revised (back to
1960) to incorporate new seasonal factors; see note "}", p. S-15, Oct. 1969 SURVEY for data
through May 1968 (revisions for June and July 1968,197 and 204).
4,668
25, 305
9,931
15, 374
8,833.1 8, 723. 7 8, 883. 8 9, 147. 6 9,385.2 9, 242. 8 9, 430. 1 9, 737. 3 9,527.0 9, 484. 5 9,560.4 ••9,547.5 9, 752. 0
3, 929. 8 3, 882. 8 3, 902. 0 4, 097. 6 4, 155. 7 3, 908. 6 4, 148. 4 4,311.5 4, 127. 6 4, 207. 5 4, 198. 2 4, 054. 0 4, 232. 1
do
do
do
Federal Reserve banks, condition, end of period:
Assets, total 9
. .
mil. $
4,420
22, 865
8,342
14, 523
11,036
46, 831
46, 689
46, 992
^Insured unemployment as % of average covered employment in a 12-month period.
OTotal SMSA's include some cities and counties not designated as SMSA's.
llncludes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland and Los
Angeles-Long Beach.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
April 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
End of year
S-17
Mar.
Feb.
Apr.
May
June
1970
July
Aug.
Sept.
Oct. | Nov.
Dec.
26, 971
26, 735
236
1,067
-831
27,340
27,197
143
1,135
-992
28,031
27, 774
257
1,086
-829
Jan.
Feb.
Mar.
28, 858 '27, 976
28, 692 '27, 703
'166
'273
'965 ' 1, 092
'-799 '-819
27, 477
27, 356
91
896
-805
81,666
84, 062
FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of daily figures:
Reserves held total
- mil. $._ 127,221 i 28, 031
Reouired
^^ — i 26, 766 i 27, 774
1257
1455
Excess
do. .
1765 1 1, 086
Borrowings from Federal Reserve banks. _ _ do
i
-829
1-310
Free reserves
do.
27, 291
27,063
228
824
-596
26, 754
26, 537
217
918
-701
27, 079 27, 903 27, 317
26, 927 27, 603 26, 974
152
300
343
1,402
1,407
996
-844 -1,102 -1,064
26,980
26, 864
116
1,190
-1,074
27, 079
26, 776
303
1,249
-946
Large commercial banks reporting to Federal Reserve System, Wed. nearest end of yr. or mo.::}:
Deposits:
Demand adjustedcT
-- -mil. $
79,830
81,882
79,370
77,039
78,126
79,445 ' 80,556
Demand total 9
- -Individuals, partnerships , and corp
State and local governments
IT S Government
Domestic commercial banks
do
do
do
do
do__
' 88,879
' 90,288
112,163 2 96, 589
Time,total9
do ._
Individuals, partnerships, and corp.:
Savings
- -- do_ _ . r 49, 149 '46, 490
Other time
- d o . ' 45, 076 '36, 502
161,820
r 74, 149
r 9, 563
Investments total
- U S Government securities, total
Notes and bonds
Other securities
T
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, adj.:
Total loans and investmentsO
bil. $
LoansO
-do. _
U S Government securities
do
Other securities
. do.
Money and interest rates: §
Bank rates on short-term business loans:
In 35 centers
percent per annum
New York City
do
7 other northeast centers
do
8 north central centers
7 southeast centers
8 southwest centers
4 west coast centers
do
do
do
do
Discount rate (N.Y.F.E. Bank), end of year or
month
percent..
Federal intermediate credit bank loans
do
Home mortgage rates (conventional 1st mortgages):
New home purchase (U S avg )
percent
Existing home purchase (U.S. avg.)
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)., do
Commercial paper (prime, 4-6 month s)__ do
Finance Co. paper placed directly, 3-6 mo. do
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent..
3-5 year issues
do
109,213 108,389 106, 949 106, 188 '103,138 100,601
48,336
44,199
48,653
43, 419
'175,756 157,578 159,637
'81, 491 73, 727 75, 269
2 ' 7,811
7,234 ' 7, 026
r 11, 872
'13, 148 10,532 10, 709
' 32, 106 '33, 617 32,473 32,623
' 40, 619 '44, 177 42,729 42,918
Loans (adjusted) totaled
do
Commercial and industrial
do
For purchasing or carrying securities. _ _ _ d o _
To nonbank financial institutions
do
Real estate loans
- do
Other loans
do
do.
do
- --do
do
'78,210
144,249 ••150,897 124,746 128,681 134,767 127,253 '136,493 127,148 129, 567 '135,023
89,130 93,161 92,701 89,412 '94,149 90,091 91,904 ' 92,621
102,790 '105,605
6,270 '6, 701 ' 6, 231 ' 6, 361 ' 6, 952
6,272
6,257
7,005
7,671 2 7, 942
4,112 '3, 654
3,882
2,003 6,946
3,382
3,879
3,437 2 2, 989
1,228
' 19, 060 '20, 801
14,915 16,260 16,316 16,240 '18,995 16,127 18,183 17, 613
68, 324
' 29 358
' 24, 038
r 38, 966
'59, 536
'23, 853
'19, 789
'35, 683
63,198
25,159
22,864
38,039
384.6
251.6
61.5
71.5
2 398. 6
2 276. 2
251.8
270.5
387 9
258.4
58 1
71.5
3
6 68
3 6.45
7.01
3
3
3
3
3
3
3
6. 72
6. 50
6. 66
6. 64
3
47, 737
42, 908
47, 691 '47,573
42,510 '40,910
162,394 161, 977
76, 659 76, 636
6,927
7,233
11, 349 10, 806
32,876 33,024
42,068 42,920
64,067 ' 63,172 60, 758
26,072 24,789 ' 23,074
22,551 ' 22,498 ' 21,800
37,995 ' 38,383 ' 37,684
386.6
257.3
57.4
71.9
390.7
261.0
57.7
72.1
'170,476
'78,567
'7, 564
'11,957
'33,239
'45,022
79,342 r 90,288
79,646
131,706
90,846
' 5, 788
' 4, 754
17, 070
78,447
135,725 '150,897 131,847 131,753 140, 942
93,110 105,605 ' 92,210 90,306 96, 847
6,452
7, 942
6,371 ' 6, 295 6, 838
2, 989
3,908
4,474 ' 5, 398 4, 196
18,951 20,801 16,239 16,979 18, 950
97, 977
97,170
96,167
96, 589
95, 017
95,624
98, 204
46,952
39, 740
46, 653 ' 46,711
38,588 38, 026
46, 376
37,327
46,318
36,547
46,490
36,502
45,820 45,641
35, 632 ' 35,642
46, 200
36, 520
168,039
77,629
' 7, 276
10,950
33,288
44,662
166,456 '168,814
76, 669 ' 78,440
' 7, 727 ' 6, 588
11, 138 11,376
33,535 33,676
44,415 45,093
167,504
77, 649
' 6, 261
10,818
33,951
44,602
168,748 175,756 167,718 '167,527 170 628
78,310 81,491 78,020 ' 78,156 79, 002
' 6, 521 '7,811 ' 5, 964 ' 6, 244 7, 168
11, 000 13,148 11,253 ' 11,063 11 683
34,037 33,617 33,680 33, 489 33, 133
44,439 44,177 45,771 ' 44,934 39, 284
98,580
'60,169 60,078 59,427
'22,817 23,469 23, 336
'21,383 ' 21,140 21,118
'37,352 ' 36,609 ' 36,091
392.2 2 397. 3
264.1 2 269. 2
56.1 256.3
72.0
271.8
27, 764
27, 511
253
1,241
-988
397.7
269.9
56.8
71.0
397.5
270.3
56.9
70.3
58,066
22,190
20,557
35, 876
58,617
23,349
20,103
35, 268
396.5
271.3
54.7
70.5
396.8
273.3
53.4
70.1
r
59,272 59,536 57,580 ' 57,052
23,668 23,853 22,435 ' 21 539
20,045 ' 19,789 19,542 T' 19,395
35,604 ' 35,683 ' 35,145 35,513
399.7
275.5
53.2
71.0
398.6
276.2
51.8
70.5
396.1
275.3
49.9
70.9
397.2
277.1
49 4
70 8
60, 559
23 590
19 386
36, 96(J
398. 3
276. 1
49 8
72 4
8. 21
8. 02
8. 53
7 32
7 13
7.59
7 86
7.66
8.18
8.82
8.65
9.14
8.83
8.66
9.21
8 86
8 65
9.23
8.24
37.93
38.19
38.18
7 41
7.01
7.25
7 35
7 89
7.66
7.87
7.83
8.85
8.46
8.85
8.75
8.83
8.58
8.79
8.81
8.86
8.67
8.87
8.84
5.50
6.41
6.00
37.23
5.50
6 64
5.50
6.70
6.00
6 72
6.00
6.84
6.00
7.02
6.00
7.26
6.00
7.51
6.00
7.69
6.00
7.81
6.00
7.93
6.00
8.15
6.00
8.46
6.00
8.69
6 83
6.90
37.66
37.68
7 26
7 28
7.32
7.35
7 47
7 46
7.50
7.54
7.62
7.64
7.76
7.79
7.86
7.90
7 89
7 92
7 98
7 98
7.97
8.00
8.07
8.08
••8 16
8.13
8 23
8.23
45.75
4 5. 90
<5.69
46.33
47.61
47.83
47.16
47.96
6.47
6.62
6.33
7.00
6.66
6.82
6.38
7.26
6.86
7.04
6.38
7.50
7.38
7.35
6.54
7.50
7.99
8.23
7.25
8.31
8.39
8.65
7.89
8.50
8.04
8.33
7.71
8.50
8.14
8.48
7.61
8.50
8.17
8.56
7.86
8.50
8.18
8.46
7.92
8.50
8.58
8.84
7.93
8.50
8.64
8.78
'8.14
8.50
8.30
8.55
8.01
8.50
7.60
8.33
7.68
8.40
* 45. 339
5.59
4 6. 677
46.85
6.156
6 16
6.080
6.33
6.150
6 15
6.077
6.33
6.493
6.64
7.004
7.02
7.007
7.08
7.129
7.58
7.040
7.47
7.193
7.57
7.720
7.98
7.914
8.14
7.164
7.80
6.710
7.20
113 191
122, 469 111, 569 111, 950 113 231 114, 750 115, 995 116, 597 117, 380 118, 008 118, 515 119, 378 122, 469 121, 074 120, 077
3
3
3
3
6.00
CONSUMER CREDIT
(Short- and Intermediate-term)
Total outstanding, end of year or month
mil. $
do
89 890
98, 169
89, 380
89, 672
90 663
91,813
93, 087
93, 833
94, 732
95 356
95, 850
96, 478
98, 169
97, 402
96, 892
Automobile paper
Other consumer goods paper
Repair and modernization loans
Personal loans
do
do
do
do
34 130
24, 899
3 925
26 936
36 602
27,609
4 040
29 918
34 053
24 404
3 875
27 048
34, 262
24, 306
3,874
27, 230
34 733
24 399
3 903
27 628
35, 230
24, 636
3 964
27 983
35,804
24, 956
4,022
28, 305
36, 081
25, 172
4,039
28, 541
36, 245
25, 467
4 063
28, 957
36
25
4
29
321
732
096
207
36, 599
25, 855
4 084
29 312
36
26
4
29
650
223
076
529
36, 602
27, 609
4 040
29 918
36, 291
27, 346
3 991
29 774
36, 119
26, 987
3 970
29, 816
By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
do
do
do
77 457
36 952
18 219
84 982
40 305
19 798
77 577
37 056
18 219
78, 006
37, 257
18 253
79 062
37 854
18 418
80 155
38 347
18 636
81, 388
38,916
18 961
82, 130
39, 248
19 127
82 910
39, 532
19 265
83 440
39 793
19 360
83 949
40 006
19 569
84 301
40 047
19 668
84 982
40 305
19 798
84 531
40 144
19 703
84 393
39, 990
19 652
do
do
do
10 178
8 913
3,195
11 594
9 740
3,545
10 153
8 896
3 253
10 294
8 927
3 275
10 508
9 008
3 274
10 699
9 080
3 393
10, 939
9,146
3,426
11, 054
9,293
3,408
11 220
9 436
3 457
11 347
9 450
3 490
11 438
9 436
3 500
11 491
9 532
3 563
11 594
9 740
3 545
11 468
9 683
3 533
11 459
9, 691
3,601
Installment credit, total
Credit unions
Consumer finance companies
Other.
._ _ ...
Retail outlets, total
do
13 187 11 803 11 666 11 601 11 658 11, 699 11 703 11 822 11 916 11 901 12 177 13 187 12 871 12 499
12 433
Automobile dealers.
do
320
336
319
320
' 325
329
333
335
336
336
338
337
336
333
331
' Revised.
commercial bank and U.S. Government, less cash items in process of collection; for loans,
2
i Average for Dec.
Beginning June 1969, data are revised to include all bank-premises
exclusive of loans to and Federal funds transactions with domestic commercial banks and
subsidiaries, and other significant majority-owned domestic subsidiaries; also, loans and
after deduction of valuation reserves (individual loan items are shown gross; i.e., before deducinvestments 3are now reported gross. For complete details see the Aug. 1969 Federal Reserve
tion of valuation reserves).
Bulletin.
Average for year.
4 Daily average.
9Includes data not shown separately.
©Adjusted to exclude interbank loans and beI 71Revisions for Jan. 1969 are shown in the Mar. 1970 issue of Federal Reserve Bulletin.
ginning June 1969, data are reported gross.
§For bond yields, see p. S-20.
d For demand deposits, the term "adjusted" denotes demand deposits other than domestic
http://fraser.stlouisfed.org/
380-168 O - 70 - 6
Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June
1970
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FINANCE—Continued
CONSUMER CREDIT— Continued
Outstanding credit— continued
Noninstallment credit, total
Single-payment loans, total
Commercial banks
Other financial institutions
Charge accounts, total
Retail outlets
Credit cards
Service credit
Installment credit extended and repaid:
Unadjusted :
Extended total
Automobile paper
Other consumer goods paper
All other
mil $
do
do _
do
23, 301
9,138
7,975
1,163
24,300
9,096
7,900
1,196
22, 189
9,050
7,877
1,173
22, 278
9,139
7,961
1,178
22, 568
9,216
8,040
1,176
22, 937
9,218
8,017
1,201
22, 908
9,227
8,031
1,196
22, 764
9,120
7,946
1,174
22,648
9,073
7,879
1,194
22, 652
9,075
7,882
1,193
22, 665
9,025
7,837
1,188
22,900
9,000
7,795
1,205
24,300
9,096
7,900
1,196
23, 672
9,092
7,887
1,205
23, 185
9,074
7,857
1,217
do
do
do
do
7,755
6,450
1,305
6,408
8,234
6,650
1,584
6,970
6,403
5,087
1,316
6,736
6,340
5,037
1,303
6,799
6,557
5,237
1,320
6,795
6,971
5,609
1,362
6,748
7,002
5,574
1,428
6,679
7,039
5,541
1,498
6,605
6,988
5,438
1,550
6,587
7,005
5,448
1,557
6,572
7,085
5,568
1,517
6,555
7,238
5,685
1,553
6,662
8,234
6,650
1,584
6,970
7,539
5,932
1,607
7,041
6,789
5,210
1,579
7,322
do
do
do
do
97, 053
31, 424
30, 593
35, 036
102, 888
32, 354
33, 079
37, 455
6,971
2,344
1,985
2,642
8,132
2,750
2,423
2,959
9,024
3,023
2,668
3,333
8,960
2,985
2,760
3,215
9,169
3,045
2,832
3,292
8,920
2,828
2,778
3,314
8,604
2,593
2,764
3,247
8,485
2,566
2,794
3,125
8,797
2,939
2,805
3,053
8,173
2,433
2,817
2,923
10, 096
2,479
4,004
3,613
7,490
2,130
2,663
2,697
7,106
2,214
2,275
2,617
do
do
do
do
88, 089
28, 018
28, 089
31, 982
94, 609
29, 882
30, 369
34, 358
7,083
2,304
2,263
2,516
7,840
2,541
2,521
2,778
8,033
2, 552
2,575
2,906
7,810
2,488
2,523
2,799
7,895
2,471
2,512
2,912
8,174
2,551
2,562
3,061
7,705
2,429
2,469
2,807
7,861
2,490
2,529
2,842
8,303
2,661
2,682
2,960
7,545
2,382
2,449
2,714
8,405
2,527
2,618
3,260
8,257
2,441
2,926
2,890
7,616
2,386
2,634
2,596
Repaid total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Extended total
Automobile paper
Other consumer goods paper
All other
do
do
do
do
8,414
2,716
2,598
3,100
8,381
2,730
2,625
3,026
8,720
2,772
2,763
3,185
8,680
2,757
2,767
3,156
8,705
2,725
2,869
3,111
8,521
2,582
2,777
3,162
8,680
2,634
2,819
3,227
8,669
2,794
2,740
3,135
8,661
2,808
2,707
3,146
8,632
2,683
2,841
3,108
8,344
2,472
2,838
3,034
8,521
2,479
2,925
3,117
8,625
2,536
3,018
3,071
Repaid, total
Automobile paper
Other consumer goods paper
All other
do
do
do
do
7,616
2,468
2,352
2,796
7,735
2,501
2,461
2,773
7,960
2,519
2,569
2,872
7,834
2,488
2,507
2,839
7,910
2,460
2,602
2,848
7,899
2,471
2,511
2,917
8,080
2,562
2,574
2,944
7,971
2,498
2,600
2,873
7,992
2,463
2,615
2,914
8,012
2,503
2,623
2,886
7,929
2,499
2,552
2, 878
8,141
2,469
2,722
2,950
8,207
2,550
2,761
2,896
20,406 11, 832
17, 167 17,602
3 239 -5, 769
14, 332
15, 225
—894
16, 704
15, 232
1,472
16, 303
16, 564
—261
14, 929
14,990
— 61
-342
-236
140
164
104
1,612
161 1 2 3 236
— 144 — 1 912
7,625 —2,418 10 283 -3, 153 —2 107 2,790 -6,112 — 1 130
6,112
1,912 -7,625
2,418 -10,283 3,153
1,130 -1,612
161 i 2-3,236
144
2,107 -2, 790
4,388
2,695 -2,012
—375
100 12—11 146 — 1 887
418 —2 456 —1,485 —8,587 4,438
679
1 724
400
061 i 2 7 910
1 565
1 494 5 169
3 903
1 696 — 1 285
2 031
1 428 2 415
—97
97
— 194
291
43
-43
-139
96
FEDERAL GOVERNMENT FINANCE
Budget receipts, expenditures, and net lending: J
Expenditure account:
Receipts (net)
mil $
Expenditure (excl. net lending)
do
Expend icct surplus or deficit ( )
do
Loan account:
Net lending
do
Budget surplus or deficit ( — )
Budget financing totalt
Borrowing from the public
do
do
do
i1 2 153 671 1 2 187 792 14, 590 13, 727
2 172 802 1 2 183,080 14, 361 15,637
12 19 131 i 2 4 712
230 — 1 910
1 2—6 030 i 2—i 476
12 25
i 2 25
1 2 23
122
—373
23, 596 13, 346
15, 922 15, 279
7 674 —1 932
—2
— 50
—485
23, 805 12,542 14, 999
13, 895 15, 542 16, 790
9 910 —3 001 —1 791
373
i 369 769 i 367 144 373 165 373 854 372 216 373, 677 367 144
Gross amount of debt outstanding!
do
1
Held by the public
do
290 629 i 279 483 291, 595 292, 012 289, 557 288, 072 279,483
Budget receipts by source and outlays by agency :J
1 2 187,792 14, 590 13,727 23, 596 13, 346 23,805
Receipts (net), total
mil. $ 12153,671
1
4,760 10,123
3,999 12, 106
7,287
Individual income taxes (net)
do
68 726 1 2 87 249
1
682
4,965
806
5,323
8,588
28 665 i 36, 678
Corporation income taxes (net)
do
Social insurance taxes and contributions 1
2,865
5,748
3,881
2,823
34,622 1 2 39 918 4,880
(net)
mil $
2,031
1,898
2,286
1221,659 1 2 23,948 1,742
2,271
Other
do
1 2 i7g 833 1 2 184 556 14 734 15 639 15 972 15, 764 13 522
Expenditures and net lending total 9
do
344
447
610
-593
395
i 7, 307 1 2 8, 330
Agriculture Department
do
1
6,543 6,682
6,480 7,262
6,227
Defense Department military
do
77 373 i 2 77,877
Health, Education, and Welfare Department
4 007
4 054
4 231
4 169
mil ^ 112 40 576 1 2 46 599 3 849
1,511
1,470
1,506
1,422
l', 476
14*655 i 16,924
Treasury Department
do
i 4 701 i 4 047
385
367
335
353
326
1
712
692
684
652
649
Veterans Administration
do
6* 858 i 7, 669
Receipts and expenditures (national income and
product accounts basis), qtrly. totals seas. adj.
at annual rates:
202 8
176 3
201 5
198 6
Federal Government receipts total
bil $
96.9
79.5
95.6
93.8
Personal tax and nontax receipts
do
40 2
40 7
38 3
41 0
Corporate profit tax accruals
do
18.0
18.5
18.6
Indirect business tax and nontax accruals do
18.8
45 6
40 5
46 9
46 4
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
enternrises
bil $
Surplus or deficit ( — )
do
-152
—316
-448
371, 753 374 098 373, 953 377, 615 381, 192 381, 220 380, 502 380, 988
283, 921 284, 599 284, 224 288, 612 291, 306 289, 294 289, 100 288, 961
12, 542
6,404
1,070
14, 999
7,230
571
20,406
9,776
5,551
11,832
6,636
843
14, 332
7,236
634
16, 704
6,774
5,527
16, 303
10, 660
1,127
14, 929
6,965
645
2,879
2,190
5,209
1,989
3,022
2,057
2,364
1,988
4,078
2,383
2,190
2,214
2,674
1,843
5,408
1,911
15, 695
825
6,346
17 106
1,338
6,612
17,616
1,857
6,479
17, 944
1,276
6,982
15, 461
640
6,051
15, 092
598
6,584
16, 399
731
6,419
14, 886
-77
5,953
3 951
1,445
319
657
4 000
1^567
337
667
4 071
1,587
294
691
4 311
1,317
327
691
3 857
1,680
267
708
4 137
1,548
296
718
4 262
1,655
291
726
4,120
1,701
299
717
203.3
96.7
39. 3
19.1
48.1
201 3
95.0
39 8
19.1
47.5
r
r
192.0
101.9
79.2
52.4
20 0
13. 1
188. 5
101.6
79.0
50.8
19 0
12 5
189.3
100.6
78.5
52.1
19 3
12 9
193.6
103.2
80.3
52.7
19.8
13.1
196.7
102.3
79.2
53.9
22.0
13.7
197. 7
100.2
77.3
55.7
23.5
4 3
—5 2
4 6
9 5
4 6
10 1
4 4
13 5
4.6
7 7
4.8
••6.6
4.4
3 188 64
s 79 41
3 13 23
3 69 97
3 64 17
3 5 57
3 11 31
3 1.68
» 7.47
189 92
80 51
11 28
70 36
64 58
5.64
11 52
1.42
9.20
190 83
80.74
11 48
70 48
64 69
5.67
11 70
1.38
9.38
191 36
80 72
11 62
70 66
64 86
5 65
11 90
1.35
9.45
Revised.
* Preliminary.
i Data shown in 1968
and 1969 annual columns are for fiscal years ending
June 30 of the
2
3
respective years.
Includes revisions not distributed to months.
Annual statement
19. 1
49.0
181.5
99.5
78.0
47.8
18 3
11 6
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
Nonfann
do
Real estate
do
Policy loans and premium notes
do
Cash
do
Other assets
._
do
94.7
192. 13
80.90
11.79
70.82
64.99
5.68
12.09
1.32
9.52
192 31
80 85
11 93
70 96
65 11
5.71
12 32
1.24
9.30
193 04
81.24
11 85
71 08
65 23
5.79
12 65
1.19
9.24
194 03
81.37
11 97
71 25
65 39
5.80
12 92
1.20
9.52
194 80
81.58
12.08
71.43
65.56
5.81
13. 17
1.22
9.53
195. 93
81.87
12.22
71.57
65.77
5.85
13.41
1.27
9.74
196. 66
82.23
12 26
71 71
65. 92
5.90
13.58
1.29
9.69
values.
{Revisions for July 1967-Jan. 1969 will be shown later.
9 Includes data for items not shown separately.
197. 23
81.85
12 50
72 13
66.35
5.90
13.80
1.62
9.43
13.9
SUEVEY OF CURRENT BUSINESS
April 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
S-19
1969
Annual
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
11,367
FINANCE—Continued
LIFE INSURANCE— Continued
Institute of Life Insurance— Continued
Payments to policy holders and beneficiaries in
U.S., total
mil. $
Death benefits
do
Matured endowments
do
Disability payments
_
do_ __
Annuity payments
do
Surrender values
do
Policy dividends _ _ _
do_ __
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total
. _
_ mil. $
Ordinary (incl. mass-marketed ord.)-- .do
Group
do
Industrial
do
Premiums collected:
Total life insurance premiums
_ do.
Ordinary (incl. mass-marketed ord.) „ -do._.
Group
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...
United States
Silver:
Exports
Imports __
Price at New York
Production:
Canada
Mexico
United States
14, 385. 0 15, 524. 5 1, 206. 8 1, 363. 7 1, 270. 5 1 240 5 1 287 1 1 246 9 1,251.2 1, 279. 1 1 280 5 1 117 8 1, 686. 5
547 o
6, 209. 3 6, 758. 1
542 4
616.3
562.2
560 7
553 5
629 4
560 4
564 9
548 5
483 8
952.6
967.2
80.1
89.5
83.9
67.2
76 8
77 9
81 3
82 5
82 7
71 5
71 7
204.7
195.6
18.7
15.0
17.2
16.6
16.6
18.7
16 0
20 0
16 3
16 9
14 2
1,401.0 1, 558. 6 123.8
127.8
127 6
132 1
131 2
112 2
127 1
123 4
138 4
133 8
129 8
2, 456. 4 2, 721. 6
206.4
238.7
232.2
240 0
226.6
226 3
238 3
231 1
234 8
230 2
195 2
3, 155. 5 3, 328. 9
219.3
272.7
249.5
254.6
265.7
612.1
229 1
252 6
287 7
236 8
223 1
1
150,743
104, 524
i 39, 591
6,628
157, 898
113,044
38, 491
6,363
11, 149
8,439
2,191
519
13, 360
9,798
2,971
591
13, 947
9,632
3,770
545
12 436
9,602
2 240
594
13 261
9,691
3 039
531
12 104
9 053
2 560
491
13 230
8,791
3,931
508
12 464
8,905
3,026
533
14 152
10 590
3 009
553
13 052
9 417
3 115
18 157
11, 032
6 647
18, 052
13, 510
3,201
1,341
18, 933
13, 142
3,492
1,299
1,493
1,137
263
93
1,560
1,181
283
96
1,555
1,170
289
95
1 531
1 161
275
96
1 536
1 159
282
96
1 580
1 192
294
94
1,520
1,125
300
95
1 564
1 155
311
98
1 626
1 242
286
98
1 440
1 085
2 009
1 370
393
246
1 524
1, 182
264
91
10, 367
187
839, 160
226, 262
2^1,420.0
1, 088. 0
10, 367
755
12, 287
236 905
10, 367
-28
202
15 005
10, 367
-16
192
22, 837
10, 367
48
613
24 956
10,367
91
358
17 156
10, 367
-2
193
23, 742
10, 367
-11
239
8 066
10,367
17
9,531
19 519
10, 367
29
364
27 052
10, 367
25
150
19 817
10, 367
— 19
10, 367
687
22 600
21 863
11,367
20
159
12 487
11,367
23
278
9 772
1, 090. 7
86.7
89.1
89.3
90.0
91.3
93.7
93.9
95.1
7. 0
95.2
6.5
93.6
89.5
7. 1
102.5
7. 5
88.4
6.8
5 828
3 057
1.896
do..
53.9
thous. $.. 252, 147
do
145, 153
dol. per fine oz__
2.145
_
thous. fine oz
_ _ do
do.
Currency in circulation (end of period)
bll. $
Money supply and related data (avg. of dally fig.) :©
Unadjusted for seasonal variation:
Total money supply.
bil $
Currency outside banks
do
Demand deposits
do
Time deposits adjusted!
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 SMSA's)O- -ratio of debits to deposits. .
New York SMSA
do
Total 232 SMSA's (except N.Y.)
do
6 other leading SMSA'sd"
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 allied products
do
Petroleum refining
do
Stone, clay, and glass products...
. do
Primary nonferrousmetal...
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.$__
5
4
4
88, 908
44 909
1.791
17,648
8 244
1.840
10, 417
9,086
1.826
12, 424
9 450
1.778
27, 930
9 406
1.761
8,643
8,299
1.645
45, 390
40,031
37, 168
41 926
52, 552
3,274
3,406
4,723
3,569
4,494
5,233
3 387
4,059
4 977
4,140
2,974
4,287
51.0
54.0
49.0
49.5
49.6
50.4
188.6
42.0
146 6
192.4
5.7
198 3
44 8
153 5
198 4
56
194 8
43.4
151 4
202 4
69
195.0
43.7
151.3
202.9
4.8
199 2
43 g
155 3
202 7
54
194
44
150
202
9
196.3
43 8
152 5
202.4
196.8
44.1
152. 6
202.3
'67.2
146. 4
46. 9
66 9
38.6
66.0
142.6
46.1
64.5
38.5
r
r
r
r
4
4
520
244
478
200
8, 365
5 427
1.618
10, 889
4 446
1.653
7,838
6 117
1.785
10 103
1.872
2 363
3 026
1.923
2 358
3 474
1.807
4,761
3 301
1.876
3,587
3,212
4,805
3 382
3,402
2,645
3,697
4,760
6,017
3 592
3,299
2 912
3 704
2 877
3 541
4 516
3 993
3 495
3 936
50.9
51.1
51.5
51.3
51.7
53 0
54 0
4
2
3
2
2
197.0
44.7
152.3
201.0
6.0
197 8
45 2
152 7
197 7
56
195 9
45.4
150 5
195 5
4.3
197 6
45 2
152 4
194 3
53
199
45
153
193
4
3
6
7
7
2
201 0
46 4
198 1
44 2
154 0
202 3
198.3
44 5
153 8
201 7
199.0
44 8
154 2
200.8
199 3
45 0
154 4
197 7
199.0
45 3
153.8
194.5
199 0
45 2
153 7
194 1
66.6
140 9
47.2
66 3
39 4
68.2
147 3
47.5
67 1
39 5
68.7
145.5
48.4
68.6
40.1
67.6
136 1
49.4
71 8
40 3
70.1
146.5
49.7
72.9
40.3
72.3
153 5
50.9
73 0
41 9
4 QQ3
r 207 1
192 6
51
0
9
1
4
5
199 1
45 g
153 6
193 5
199 3
45 9
153 4
193 4
199
45
153
194
6 r 201
46
9
7 r 155
192
1
70.8
148 8
50 6
72 9
41 5
70.5
151 6
49 4
71 7
40 3
69.4
145 7
49 2
69 6
40 8
33, 248
2 382
621
7,929
506
138
8,944
580
173
7,994
660
153
8 381
635
889
3,525
5,794
769
1,149
1,186
640
987
3,591
5 884
822
1,414
1,221
201
225
886
1,468
107
321
293
229
265
961
1,480
263
371
348
109
243
884
1,442
273
335
244
101
254
860
1 494
1,320
2,947
2,518
1,326
3 138
2,594
310
697
625
369
930
653
324
760
663
323
751
653
1,025
3,222
4,229
14 189
945
2,845
4,835
15 058
274
855
1,019
3,606
272
821
1,230
3,797
228
404
1, 272
3 452
1 314
4 203
873
707
r
51.9
206
46
159
192
5
I KA 7
32, 069
2,209
654
3,002
238
104
r
46 1
161 1
191 7
r4 7
1
1
o
1
'69.4
139 9
r 50 6
71 6
r 41 9
1.888
52 0
r
197 g
r
r 46 9
151 g
192 0
7 i
r 199
46
r 153
192
3
4
o
0
199
46
153
194
6
7
3
4
8
9
201
46
154
194
5
7
8
2
72.1
148 8
51 7
73 5
42 7
636
157
179
387
336
171
765
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes, total.
Corporate
Common stock.
Preferred stock
mil. $
5,780
4,608
4,056
5,015
3,315
3,958
5,420
4,069
4,440
60,979
44, 150
3,278
2,759
4,950
17, 383
1,237
1,917
1,344
18, 348
3,946
7,714
736
762
657
637
682
72
68
98
' Revised.
* Preliminary.
1 Includes coverage on Federal employees of $3.4 bil. in
Nov. 1968.
2 Estimated; excludes U.S.S.R., other Eastern European countries, China
Mainland, and North Korea.
3 includes silver coin data for
Jan.-June 1968 not included
4
in figures shown in the 1969 BUSINESS STATISTICS.
Monthly data beginning July
Digitized
FRASER
and for
annual
total figures exclude silver coin.
8 Includes revisions not distributed to months.
3,914
1,382
684
10
3,311
1,786
694
50
4,426
1,889
553
36
2,832
944
410
72
3,232
1,701
652
74
4,770
1 282
630
20
3 085
1 390
3 769
1 860
do
do
do
do
65, 562
52, 546
4,087
3,514
902
640
83
32
§ Or increase in earmarked gold (—).
©Series revised to reflect the change in accounting
procedures associated with Euro-dollar transactions and to reflect new benchmarks and
changes in seasonal factors.
KAt all commercial banks.
OTotal SMSA's include some
cities and counties not designated as SMSA's.
d"Includes Boston, Philadelphia, Chicago,
Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.
s-20
SURVEY OF CURRENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
| 1969
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
Estimated gross proceeds— Continued
By type of issuer:
21, 966
Corporate total 9
mil. $
Manufacturing
.
. ._
do_ __ 6,979
594
Extractive (mining)
do
5,281
Public utility _
..do. _.
Railroad
Communication
Financial and real estate
246
26, 744
6,356
1,721
6,736
2,045
294
26
56
272
2,098
2,748
491
168
404
513
260
315
2,076
2,530
513
115
784
569
229
392
691
163
702
44
232
274
21
44
548
8
197
273
41
191
298
1,416
3,032
2,533
1,525
1,627
1,088
1,088
2,478
875
86
493
1,427
2,427
362
108
507
1,933
260
49
745
2,375
2,532
625
106
545
601
99
600
453
188
622
25
286
389
17
126
181
31
272
442
31
120
444
23
201
533
15
277
524
2,537
1,888
1 531
1,908
do
do
do
1,766
2,820
2,188
4,409
do
do
do
43 596
18, 025
16, 374
25, 802
4,765
11, 460
2,041
State and municipal issues (Bond Buyer):
Long-term
_ do
Short-term
do
16, 374
8,659
11, 460
11, 928
974
837
520
783
1,627
1,292
*1 1, 002
9, 790
1
3, 717
1923
i 7, 445
i 2, 803
1,056
9,148
3,647
1,063
8,318
3,294
965
988
975
930
7,515
2,783
921
923
7,019
2,577
979
8,474
3,084
8,214
3,084
950
8,044
3 077
7,039
2 579
7,243
2 753
7, 111
2 613
7,445
2,803
6 683
2 626
6 572
2 463
76.4
93.4
68.6
79.0
72.1
86.4
71.0
83.7
70.1
84.2
70.2
82.3
68.8
78.6
68.2
78.5
68.4
76.1
67.2
73.6
66.5
74.9
65.6
73.4
62.9
68.7
62.2
69.7
62.4
71.7
62.8
75.6
72.33
64.49
66.55
64.90
67.73
66.68
64.84
64.75
65.18
62.64
63.05
61.08
58.71
58.33
61.63
62.04
5, 669. 52 4,501.18
5, 458. 55 5, 123. 47
399. 88
409. 00
388. 20
426. 23
406. 63
446. 13
422. 50
438. 10
370. 32
410. 29
330. 44
393. 16
315. 76
375. 63
271 52
338. 22
397. 35
466. 10
318. 32
376. 13
382.04
526. 97
363 31
485 34
283. 27
365. 56
4, 401. 94 3, 550. 33
4, 447. 68 4, 123. 33
303. 99
319. 45
306. 40
345. 57
320. 97
360. 37
299. 98
333. 90
288. 21
331. 35
269. 23
324. 81
255. 55
304. 60
210. 08
269. 61
319. 84
372. 88
261. 94
308. 69
324. 20
442. 89
314 79
411. 57
245. 86
304. 65
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $ 3, 814. 24 3, 646. 16
289. 19
280. 23
325. 13
289. 74
300. 46
293. 42
245. 99
239. 42
341. 33
263.80
432. 91
304. 63
281.84
297. 74
Noncorporate total 9
U S Government
State and municipal
412
382
520
443
974
410
905
421
419
710
1,052
710
1,052
1,072
627
377
794
794
1,140
3,487
1 695
353
531
1,254
300
853
531
1,254
1,168
440
795
380
812
812
853
1,230
1,439
1,314
878
1,178
1,420
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
978
933
890
Bonds
Prices:
Standard & Poor's Corporation:
High grade corporate:
Composite cf
dol. per $100 bond..
Domestic municipal (15 bonds)
do
U.S. Treasurv 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
Face value
Yields:
Domestic corporate (Moody's)
By rating:
Aaa _
Aa _ _.
A
Baa _ .
do
do
_
By group:
Industrials
Public utilities
Railroads
percent
6.51
7.36
6.93
7.11
7.17
7.10
7.27
7.39
7.37
7.53
7.72
7.76
8.13
8.32
8.29
8.18
_ do
..do
do
_ . do __
6.18
6.38
6.54
6.94
7.03
7.20
7.40
7.81
6.66
6.77
6.97
7.30
6.85
6.95
7.13
7.51
6.89
7.02
7.21
7.54
6.79
6.96
7.12
7.52
6.98
7.12
7.28
7.70
7.08
7.24
7.40
7.84
6.97
7.23
7.41
7.86
7.14
7.36
7.56
8.05
7.33
7.53
7.79
8.22
7.35
7.58
7.84
8.25
7.72
7.93
8.21
8.65
7.91
8.15
8.35
8.86
7.93
8.13
8.31
8.78
7.84
8.06
8.17
8.63
_
do _ _ _
do
do
6.41
6.49
6.77
7.25
7.49
7.46
6.82
7.05
6.98
7.02
7.23
7.16
7.07
7.26
7.25
6.99
7.15
7.27
7.16
7.38
7.37
7.29
7.49
7.50
7.29
7.40
7.57
7.42
7.62
7.68
7.59
7.91
7.76
7.61
7.94
7.83
7.95
8.39
8.15
8.15
8.54
8.38
8.11
8.47
8.39
7.98
8.34
8.33
do
do
4.47
4.51
5.79
5.81
5.04
5.10
5.25
5.34
5.10
5.29
5.60
5.47
5.68
5.83
5.93
5.84
6.26
6.07
6.19
6.35
6.13
6.21
6.58
6.37
6.79
6.91
6.78
6.80
6.16
6.57
6.11
6.14
-do
5.25
6.10
5.86
6.05
5.84
5.85
6.06
6.07
6.02
6.32
6.27
6.51
6.81
6.86
6.44
6.39
8.53
9.24
4.50
4.55
5.82
8.62
8.98
9.83
4.61
4.60
6.40
9.44
8.90
9.72
4.58
4.62
6.14
9.86
8.91
9.73
4.59
4.62
6.23
9.86
8.93
9.77
4.59
4.62
6.23
9.86
8.95
9.78
4.61
4.63
6.37
9.86
9.03
9.90
4.61
4.66
6.37
9.86
9.03
9.90
4.61
4.66
6.37
9.86
9.03
9.90
4.62
4.67
6.41
9.86
9.04
9.90
4.62
4.67
6.61
9.86
9.05
9.90
4.62
4.67
6.61
10.12
9.06
9.92
4.63
4.67
6.61
10.20
8.99
9.92
4.63
4.10
6.70
10.20
9.13
9.98
4.64
4.02
6.70
10.23
9.13
9.97
4.64
4.02
6.70
10. 23
9.13
9.98
4.70
4.02
6.70
10.45
264. 62.
315. 86
98.37
101. 00
262. 77
313. 15
94.55
93.90
262. 20
309. 17
101. 51
106. 17
271. 57
324. 26
99.88
104.88
277. 63
330. 61
99.64
102. 33
277. 23
330. 32
99.81
100. 84
264. 58
315. 83
94.53
92.40
249. 38
296. 79
92.47
85.98
259. 67
310. 95
91.13
87.16
252. 76
302. 90
86.29
87.15
263.28
314. 69
92.25
87.36
252. 78
301.65
85.98
80.73
248. 68
299. 54
84.62
76.96
231. 68
276. 68
80.31
73.87
244. 45
290. 09
85.35
78.55
243. 53
287. 85
87.44
74.99
3.22
2.93
4.57
4.50
3.40
3.10
3.42
3.14
4.88
4.90
3.72
3.37
3.39
3.14
4.51
4.35
3.54
3.02
3.28
3.00
4.60
4.41
3.42
3.25
3.22
2.96
4.61
4.51
3.49
3.27
3.23
2.96
4.62
4.59
3.70
3.18
3.41
3.13
• 4.88
5.04
3.91
3.62
3.62
3.34
4.99
5.42
4.28
3.99
3.48
3.18
5.07
5.36
3.80
3.87
3.58
3.27
5.35
5.36
4.03
3.61
3.44
3.15
5.01
5.35
3.61
3.19
3.58
3.29
5.38
5.78
3.95
3.28
3.62
3.31
5.47
5.33
3.92
3.65
3.94
3.61
5.78
5.44
4.20
3.84
3.73
3.44
5.44
5.12
3.61
3.58
3.75
3.47
5.38
5.36
3.72
3.66
Domestic municipal:
Bond Buyer (20 bonds)
_ _
Standard & Poor's Corp. (15 bonds)
U.S. Treasury bonds, taxable©
- -
-
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., composite
Industrials
Public utilities
Railroads.. .
_
Yields, composite
Industrials.
Public utilities _ .
__
Railroads
N.Y. banks
Fire insurance companies
do
do
do
do
percent
do
do
do
do
do
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
f
17 62
6 67
6.93
T
17 69
6 92
6.93
r
17. 69
6.74 .
7.33
Revised.
1 End of year.
9 Includes data not shown separately.
cfNumber of bonds represented fluctuates; the change in the number does not affect the
r
r 18. 35
. .
6 81
7.72
j
16. 18
6 89
7.82
r
18.54
6.92
6.93
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 years or more.
S-21
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
Annual
1970
1969
1 1969
Feb.
Mar.
Apr.
May
June
July
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:
Dow- Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (16 stocks)
Transportation (20 stocks)
Standard & Poor's Corporation :cf
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43-10..
5.78
6.41
5.94
6.09
6.14
6.20
6.33
6.42
6.44
6.61
6.79
6.84
7.19
7.02
7.04
6.97
322. 19
906.00
130. 02
250.09
301.35
876. 72
123.07
221.02
337. 85
931. 29
136. 89
269. 75
322. 11
916. 52
130. 90
245. 26
320. 24
927. 38
129. 14
238. 01
325.88
954.86
130. 83
238. 15
305. 86
896.61
124. 48
221. 99
286.41
844. 02
120. 40
202. 88
279. 78
825. 46
115. 76
199. 24
279. 05
826. 71
113.35
199. 06
280.44
832. 51
115.12
198. 39
281. 02
841. 09
116.04
195. 47
259. 88
789. 22
108. 36
175. 32
258.36
782. 96
109.42
173.64
251. 63
756. 21
108. 87
169. 83
260. 36
777. 62
116. 45
174. 32
98.70
97.84
101.46
99.30
101.26
104.62
99.14
94.71
94.18
94.51
95.52
96.21
91.11
90.31
87.16
88.65
do
do-...
do
do .
do
107. 49
105. 77
86.33
66.42
48.84
107. 13
103.75
87.06
62.64
45.95
110. 15
105.47
87.93
69.24
54.78
108.20
103. 76
86.69
66.07
50.46
110. 68
105 54
88.21
65.63
49.53
114.53
108.66
91.57
66.91
49.97
108.59
102.68
88.12
63.29
46.43
103. 68
100. 55
83.04
61.32
43.00
103. 39
100.90
83.44
59.20
42.04
103. 97
102. 27
85.26
57.84
42.03
105. 07
103. 67
87.29
58.80
41.75
105. 86
104.68
89.84
59.46
40.63
100.48
100.31
85.62
55.28
36.69
99.40
99.70
85.42
55.72
37.62
95.73
96.55
83.74
55.24
36.58
96.95
95.97
85.09
59.04
37.33
Banks:
New York City (9 stocks)
do....
Outside New York City (16 stocks) _ .do.
44.69
81.71
45.39
87.72
49.52
94.50
46.10
90.89
47.04
93.39
46.69
92.78
43.55
85.81
41.98
82.49
41.87
80.41
44.40
83.47
44.47
85.73
46.00
88.09
43.55
82.57
44.11
79.34
45.64
77.11
47.49
81.37
Property-liability insurance (16 stocks) .do..
73.64
85.43
96.80
88.29
86.47
86.04
79.17
74.54
72.83
76.91
88.52
94.19
85.85
83.88
81.25
84.94
New York Stock Exchange common stock indexes:
Composite
12/31/65—50
Industrial
_.
do
Transportation
do
Utility
.
do
Finance
do
55.37
58.00
50.58
44.19
65 85
54.67
57.44
46.96
42.80
70.49
57.33
59.61
56.18
45.98
75.26
55.69
58.30
51.52
44.06
70.60
56.61
59.41
50.88
44.34
72 38
58.50
61.50
50.46
45.75
75.10
55.20
58.07
47.70
43.39
68.62
52.40
55.00
42.80
42.31
64.56
52.09
54.85
41.45
41.34
65.29
52.37
55.29
42.72
40.20
68.16
53.27
56.22
43.12
40.55
71.71
53.85
56.84
42.59
41.36
71.62
50.86
53.93
37.77
38.69
66.95
50.60
53.58
37.51
38.76
66.19
48.76
51.29
36.06
38.55
65.01
49.46
51.53
36.85
40.77
67.37
196, 358
5 312
175, 298
4 963
15, 187
407
13,234
366
13, 911
379
18, 189
502
14, 860
420
12, 685
359
12, 392
367
12,429
355
17, 152
488
13, 352
376
13, 951
430
12,940
396
11,850
346
144, 978
3 299
129,603
3 174
11, 007
247
9.755
237
10, 094
239
13,081
305
10, 847
264
9,561
240
9,405
246
9,357
233
12,831
320
10,000
249
10, 609
288
9,412
255
9,104
238
2,932
2,851
210
199
237
257
235
228
202
219
310
214
272
221
218
213
692. 34
13, 196
629.45
15, 082
654. 51
13,448
672. 59
13, 657
691. 07
13, 806
693. 14
14, 050
650.50
14,400
611.15
14, 505
641.58
14, 761
627. 50
14,833
661. 44
14, 918
640. 16
14,986
629.45
15, 082
582.67
15, 136
616.34
15, 227
615.37
15, 306
Industrial, total (425 stocks) 9
Capital goods (130 stocks)
Consumers' goods (181 stocks)
Public utility (55 stocks)
Railroad (20 stocks)...
Sales:
Total on all registered exchanges (SEC):
Market value
mil $
Shares sold
millions
On New York Stock Exchange:
Market value
mil $
Shares sold (cleared or settled)
millions
New York Stock Exchange:
Exclusive of odd-lot and stopped stock sales
(sales effected)
.
.
millions
Shares listed, N.Y. Stock Exchange, end of period:
Market value, all listed shares
bil. $
Number of shares listed
_ millions
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value of Exports
Exports (mdse.), incl. reexports, total
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions:
Africa
Asia
Australia and Oceania
Europe .
Northern North America
Southern North America
South America
Asia; Australia and Oceania:
Australia, Including New Guinea
India
Pakistan
Malaysia
Europe:
France
East Germany
West Germany
..
_.
Italy
Union of Soviet Socialist Republics
United Kingdom
3,419.3 3,564.1 3,599.6
2,143.3 3,368.0 3,505.1 3,548.1 3,098.2 2,995.2 3,153.8 3, 112. 7 3,562.7 3, 415. 2 3,362.6 3, 238. 0 3,388.2
2,295.2 3,197.3 3,352.9 3,296.3 3,211.2 3,168.5 3,372.7 3, 325. 9 3,362.0 3,367.1 3, 238. 6 3,305.2 3,628.4
34,062.8 37,314.4
do
do
do
do
1, 269. 4 1,319.6
7, 581. 9 8,265.2
998.0
1, 026. 0
11,347.3 12, 619. 2
145.8
144.7
126.4
48.7
767.9
718.5 804.4
400.4
93.2
122.7
90.0
36.8
702.8 1, 182. 3 1, 179. 7 1, 237. 3
125.5
710.0
67.5
991.4
103.4
130.3
122.9
109.4
130.4
123.1
131.2
141.6
813.9
795.5
738.0
768.8
717.3 769.5
776.7
691.7
91.2
81.7
96.0
110.7
96.6
77.1
77.2
78.4
999.2 1,110.7 1,015.3 1,210.3 1, 184. 5 1, 159. 3 1, 167. 5 1, 196. 4
8, 073. 8 9, 138. 0
2, 598. 8 2, 761. 9
2, 738. 6 2,814.4
687.3
179.2
123.8
788.9
243.0
265.7
794.3
243.9
275.1
836.3
247.2
271.4
788.3
226.7
260.6
655.2
228.7
261.2
661.3
227.3
263.0
801.6
223.6
241.8
879.2
273.9
258.8
806.3
244.1
248.5
756.6
264.6
245.2
649.4
243.8
230.1
740.9
247.1
239.2
do
do
48.4
455.7
67.2
505.5
1.0
24.0
3.5
49.1
8.3
52.7
5.3
43.8
13.9
40.4
7.0
44.0
5.2
51.4
4.2
38.2
7.5
50.8
5.2
40.7
4.6
50.2
13.8
39.9
3.4
35.6
do
do
do
do
874.9
717.6
301.9
53.6
860.0
517.1
195.2
51.9
29.9
11.7
3.8
1.9
86.5
48.9
19.4
4.1
107.6
57.5
17.9
6.1
76.8
60.3
13.2
3.9
58.0
69.5
16.2
4.7
67.4
77.8
12.9
3.9
77.4
46.2
13.4
4.1
64.7
31.6
16.5
5.8
93.6
19.6
18.2
4.1
85.5
27.9
31.8
4.3
65.8
47.4
24.9
7.0
69.2
51.2
23.0
4.8
77.6
53.4
19.3
3.8
do
do
do
167.1
436.3
2, 954. 3
201.1
374.3
3,489.7
4.6
22.9
211.7
10.0
45.6
285.7
16.8
41.7
300.0
19.6
39.3
293.1
20.6
31.3
264.4
16.7
30.1
274.0
16.3
32.1
329.8
15.1
23.7
304.4
28.4
28.5
352.7
28.3
29.6
335.3
20.6
29.0
346.5
'26.5
25.9
356.7
19.8
24.7
391.3
do
do
do
1, 095. 0
29.0
1, 708. 9
1, 195. 3
32.4
2, 117. 9
76.7
1.2
101.5
123.9
2.5
178.5
124.6
2.1
182.2
124.6
2.1
243.5
90.1
1.4
159.8
94.9
3.7
169.1
96.7
.4
169.7
88.0
1.8
224.3
101.9
5.1
207.8
96.3
4.0
193.2
118.5
7.5
191.3
112.4
1.3
209.1
117.3
4.9
204.2
do
do
do
1, 120. 6
57.7
2,288.7
1, 261. 7
105.5
2,335.3
78.3
5.5
125.3
114.1
10.0
229.3
103.7
8.4
208.8
130.2
10.8
231.5
97.5
7.5
197.7
101.5
5.8
163.6
119.4
14.5
203.4
106.2
9.0
184.1
124.7
13.4
221.6
121.0
5.1
211.7
108.5
11.5
197.2
107.9
9.1
181.6
118.3
7.8
182.7
661.3 801.5
836.3 788.2 655.2
affect continui ty of the series,
9 Ineludes dtita not silown sep arately.
879.1
806.2
756.6
649.4
740.8
North and South America:
704.3
Canada
do
687.3 788.8
8,072.3 9,138.0
' Revised.
rfNumber of stocks represents number currently used; the change in numb sr does rlot
3,168.3 3,042.9 3,215.6 3, 186. 0 3,618.3 3, 471. 2 3,421.2 3, 298. 4 3, 432. 1
do
do
do ..
do
do
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Indonesia
Philippines
Japan..
mil. $.. 34,635.9 37, 988. 3 2,177.7
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1
1969
1969
Annual
April 1970
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
433.8
35.7
60.6
25.2
28.5
135.8
59.8
446.2
34.3
53.9
34.5
28.7
137.6
54.7
406.1
33.3
47.1
22.6
28.4
120.8
61.2
421.7
33.6
60.6
25.2
28.4
125.2
55.4
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value of Exports—Continued
Exports (mdse.), incl. reexports— Continued
By leading countries— Continued
North and South America — Continued
Latin American Republics, total 9
Argentina
_.
_ _
Bra/il
Chile
Colombia
..
_ _
Mexico
Venezuela
Exports of U.S. merchandise, total
Excluding military grant-aid. _ _ _ _
Agricultural products, total
Nonagricultural products, total
.
mil. $__ 4, 699. 1
281.4
do
704.6
do
306.7
do
319.2
_ do
1, 378. 0
do
655.0
do
do
do. _ _
do
- do
By commodity groups and principal commodities:
Food and live animals 9
mil. $
Meats and preparations (incl. poultry)-.do
Grains and cereal preparations
.do
Beverages and tobacco..
.do. .
4, 869. 2
378.3
672.0
314.6
302.8
1, 449. 5
708.2
256.7
17.8
26.5
8.8
10.8
102.5
39.1
440.5
40.1
66.3
32.9
23.0
120.7
62.0
450.7
34.1
67.8
28.1
33.3
117.8
68.7
450.6
33.0
62.0
26.9
32.3
120.6
73.2
431.3
30.3
66.9
25.2
30.7
117.2
66.5
433.4
32.2
76.0
29.6
22.4
119.0
61.7
431.2
34.4
58.1
37.4
27.1
116.0
65.6
409.1
36.2
55.6
30.8
25.6
114.6
57.7
464.6
37.1
56.7
25.9
30.6
145.9
64.9
34, 199. 0 37, 444. 3 2,145.4 3,374.1 3,514.8 3,555.0 3,120.9 3,000.5 3,162.7 3, 142. 7 3,574.3 3, 419. 5 3, 370. 2 3, 255. 9 3, 379. 6
33, 626. 0 36, 770. 4 2,111. 1 3,322.8 3,455.8 3,503.4 3,050.7 2,952.8 3,100.9 3, 069. 4 3,518.8 3, 363. 5 3,311.6 3, 195. 5 3, 335. 7
6 227 2 5, 936. 3
516.9
601.9
512.3
499.8
438.4
646.0
550.5
239.6
583.7
657.8 590.8 ••515. 3
471.5
27,971.9 31, 508. 0 1, 907. 2 2, 855. 9 2, 914. 7 2, 966. 5 2, 610. 2 2, 503. 4 2, 735. 9 2, 671. 3 2,935.5 2, 761. 7 2, 779. 3 '2, 740. 6 2, 829. 1
3, 889. 6
161.6
2, 463. 1
3, 732. 7
199.4
2, 127. 2
168.2
12.2
81.1
323.2
18.3
174.8
350.4
17.3
204.7
362.8
21.7
214.5
354.8
15.8
209.5
333.0
15.9
211.1
312.9
13.8
181.9
318.0
16.4
182.8
372.0
23.9
195.0
373.5
18.5
222.8
334.5
14.9
195.6
324.1
11.5
191.3
350.5
11.6
209.7
702.5
713.4
12.6
52.2
45.5
74.1
69.7
53.2
57.5
73.6
80.1
88.7
92.8
31.9
39.9
3,540. 7
Crude materials, inedible, exc. fuels 9 _.do
Cotton, raw, excl. linters and waste
do._ _
459.4
Soybeans, exc. canned or prepared
do
810.3
1586.2
Metal ores, concentrates, and scrap. _ _ d o
3, 569. 5
280.2
822.3
711.5
176.9
6.5
31.3
30.3
298.7
14.8
100.0
40.8
384.4
64.1
94.0
61.0
343.1
41.3
63.1
66.9
262.9
23.2
37.0
64.2
301.0
36.1
49.2
71.7
292.4
17.3
33.2
86.3
274.4
16.2
35.3
75.3
392.6
19.1
137.1
71.5
366.8
14.4
137.2
62.7
337.7
20.2
101.9
55.3
346.4
46.0
73.9
68.0
360.2
39.0
84.3
66.0
Mineral fuels, lubricants, etc. 9
Coal and related products
Petroleum and products
1, 130. 7
636.3
433.9
61.2
34.0
23.4
76.1
33.5
33.7
94.4
49.1
40.3
110.6
64.3
42.3
107.1
62.3
41.3
91.3
56.1
34.0
105.4
55.7
44.0
98.4
54.0
39.7
103.6
61.7
37.4
106.7
65.5
36.6
102.0
60.2
37.1
88.3
50.3
32.9
98.6
59.1
37.0
Animal and vegetable oils, fats, waxes
Chemicals
Manufactured goods 9
Textiles
Iron and steel
Nonferrous base metals
do
do. __
do
1,049.9
523.9
454.4
274.4
307.6
15.3
22.3
31.6
25.3
29.0
27.0
20.5
24.6
27.0
34.7
36.3
31.0
26.6
_.do_ .
3,287. 0
3, 382. 5
181.4
300.5
331.8
334.9
286.1
298.5
310.3
282.6
297.5
289.9
302.3
318.5
320.2
do_
do
do
do
3,939. 4
522.3
610.5
600.0
4, 554. 7
575.5
972.5
712.0
243.8
30.5
38.1
36.6
409.4
60.0
78.3
58.8
405.4
54.3
78.4
63.6
430.1
56.2
81.0
57.8
375.2
47.2
72.5
62.2
374.6
43.9
81.8
62.2
410.9
51.6
85.2
66.3
395.9
47.1
84.5
68.6
451.9
54.7
110.8
67.6
411.3
54.2
107.4
62.2
431.2
52.2
121.1
72.0
425.6
49.1
106.8
81.3
433.6
50.6
112.1
85.3
do
Machinery
and transport equipment, total
mil. $.. 14,447.4 16, 380. 4 1, 070. 5 1, 540. 6 1, 572. 3 1, 563. 2 1, 325. 0 1,244.5 1, 320. 6 1, 334. 1 1, 505. 3 1,391.4 1, 424. 6 1, 359. 7 1, 430. 2
943.1
815.1 805.6
Machinery, total 9
do_ _ _ 8, 597. 2 9, 865. 4
941.8
847.5
857.9
590.3
931.2
808.8 928.0
821.5 895.4
845.7
644.4
Agricultural
do
626.8
63.6
59.1
50.0
45.0
70.0
55.3
46.7
55.5
54.1
45.9
47.3
70.7
45.5
Metalworking
do
343.4
333.6
29.1
16.2
38.3
32.3
26.3
31.7
28.1
33.6
23.4
28.1
28.5
28.7
34.4
Construction, excav. and mining.
do. . 1, 098. 5 1, 247. 8
116.4
110.9
105.8
117.0
67.6
117.5
106.7
114.3
113.5
102.4
111.3
120.6
111.7
Electrical.. _
_ __ __ do. . 2, 284. 0 2, 677. 7
249.1
261.1
215.4
213.5
227.9
168.7
257.5
221.0
238.3
229.6
240.1
238.3
213.0
Transport equipment, total..
_ d o _ _ . 5, 850. 1 6,515.0
596.5
510.1
621.6
438.9
473.1
533.4
481.0
579.1
538.1 534.8
525.3
641.6
578.9
3, 370. 2 3, 788. 0
Motor vehicles and parts
do
351.4
235.0
342.7 318.5
264.1
357.3 317.4
245.4
352.2
373.6
279.1
280.2
345.9
2,144.2 2, 445. 9
Miscellaneous manufactured articles
do
241.2
223.2
197.3
201.0
195.7
222.6
224.6
159.6
206.6
209.3
206.6
223.4
198.6
924.0 1, 226. 8
Commodities not classified __ . . .do 110.0
87.5
115.4
80.2
155.4
55.9
109.5
119.7
113.2
123.9
131.7
75.7
110.2
Value of Imports
General imports, total
do
33,226.3 36, 051. 8 2, 399. 1 2,988.4 3,330.0 3,236.7 3,214.2 3,153.6 2,909.3 3, 131. 7 3, 430. 4 2, 989. 1 3, 247. 4 3, 125. 5 2, 944. 3
Seasonally adjusted
_ _
_
do
2, 652. 7 2,976.2 3,173.2 3,276.3 3,185.5 3,066.2 3,179.9 3, 055. 0 3, 221. 9 3, 213. 7 3, 007. 1 3, 249. 7 3, 255. 9
By geographic regions:
1, 122. 3 1, 045. 1
Africa
do
100.4
74.0
107.3
96.1
90.1
69.4
96.9
80.7
93.9
82.0
105.9
86 9
114.9
Asia
______
_ _
_
do
6,911.4 8, 275. 9
532.4
675.7
720.5
770.1
774.7
726.1
735.1
770.0
763.4
778.3 657.2
605.6
710.4
Australia and Oceania
do
696.5
828.3
62.1
29.9
83.2
66.6
81.7
106.8
66.0
80.6
81.5
54.8
62.3
79.6
72.6
Europe _ _ .
__ . __do
10, 337. 7 10, 335. 6
833.2 1, 020. 6 1, 036. 4
603.2
846.4
861.0
979.9
888.7 845.4
977.3 991.9
873.7
875.1
Northern North America
___do
9,009.3 10, 393. 2
844.4
878.7
776.0
913.7
778.0
714.9
845.3 845.3
914.6
882.0
904.8 1, 025. 4
986.2
Southern North America
_
do
2, 259. 4 2, 518. 4
226.7
191.0
231.9
184.2
198.4
218.8
206.0
217.3
235.2
238.5 237.8
183.6
232.5
South America __
do
2, 879. 3 2, 643. 1
227.9
235.4
193.5
208.9
232.6
212.6
245.5 260.1
253.7
205.8
236.6
243.9
254.6
By leading countries:
Africa:
United Arab Republic (Egypt)
do.
32.4
4.4
2.5
37.8
2.5
3.2
1.4
1.9
2.8
3.9
2.6
3.6
3.8
4.5
4.7
Republic of South Africa __
_
do
255.9
243.0
24.4
19.4
25.9
18.0
24.0
21.3
17.9
14.3
23.1
24.3
19.8
19.8
23.9
Asia; Australia and Oceania:
Australia, including New Guinea
do
495.0
43.2
595.1
59.5
60.0
37.4
24.4
46.9
83.9
57.6
54.6
66.1
46.4
47.8
50.3
India
do
312.1
344.1
30.7
46.2
28.9
32.1
24.3
34.5
22.7
27.6
30.2
26.0
25.9
36.8
27.6
Pakistan
._
do
63.8
73.0
6.5
6.0
8.4
5.3
7.5
4.6
11.4
6.1
5.0
5.1
6.8
6.9
6.6
Malaysia
_
do
240.0
307.2
26.0
27.0
22.9
22.2
24.0
24.6
30.7
32.3
28.3
27.8
18.8
31.6
23.4
Indonesia
_
do
174.3
193.6
16.1
16.3
18.0
16.8
16.0
14.8
16.1
16.4
16.8
15.3
20.4
17.3
16.8
Philippines.
_ _ _ _ _ _ do
37.3
435.9
23.1
37.5
28.4
37.0
422.6
46.3
30.6
40.0
30.0
29.5
12.9
54.2
49.9
Japan
do
4, 054. 4 4, 888. 3
453.8
478.6
431.7
437.6
422.1 467.3
410.8
461.8
294.8 367.0
364.2
450.9
402.8
Europe:
France
do
86.6
842.3
842.5
47.9
64.2
82.6
85.5
69.8
82.3
76.8
72.1
67.7
66.1
69.4
74.6
East Germany
do
.7
5.9
8.0
.7
1.0
.6
.6
.7
.8
.4
.8
.6
.8
.8
.7
West Germany...
do
2, 721. 3 2, 603. 4
263.0
207.2
247.0
240.4
261.9
217.7
223.9
230.8 225.3
142.2
246.6
209.5
242.2
Italy
do
125.8
1, 101. 7 1, 203. 8
124.2
85.4
117.3
112.7
105.0
91.8
71.5
113.7
100.4
103.3
97.9
90.8
Union of Soviet Socialist Republics
do
5.6
15.2
58.4
51.5
3.1
2.6
5.0
4.6
4.9
4.6
4.1
6.7
2.5
8.1
3.2
United Kingdom
do
192.1
186.8
2, 058. 3 2, 120. 6
220.4
201.7
205.7
149.0
197.9
169.0
181.1
140.1
182.7
149.1
173.3
North and South America:
Canada
do
9 005 2 10, 389. 9
881.9
845.2 845.2
844.1
714.2
777.6
985.9
775.9
878.6
913.7
914.5
904.5 1, 024. 6
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Mexico...
Venezuela ...
f
Revised.
9 Includes data not shown separately.
do
do
do
do
do
do
do
4,288.2
190.2
669.9
205.9
264.0
909.8
949.8
4, 213. 6
155.6
616.3
151.4
240.4
1, 029. 3
940.1
309.3
10.9
38.6
20.3
14.5
81.4
75.1
371.8
14.3
56.9
11.2
20.1
94.2
70.7
387.5
16.8
55.0
13.2
24.4
93.5
74.8
356.3
12.6
41.4
15.9
17.7
94.9
73.3
377.0
14.6
63.1
11.8
22.6
94.2
79.8
363.2
15.1
63.9
11.1
21.0
77.6
76.8
324.6
12.6
51.9
12.2
16.1
72.0
83.1
348.7
14.9
53.5
20.8
24.1
66.8
82.1
388.4
12.8
60.5
12.3
23.3
87.3
86.6
337.1
13.0
63.3
11.2
20.5
87.6
57.3
402.8
11.9
53.6
8.9
27.7
98.9
96.3
393.0
14.7
48.2
14.8
25.0
104.0
104.4
416.1
12.2
62.0
12.6
25.6
102. 8
107.0
Mar.
April 1970
SURVEY
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
OF CURRENT BUSINESS
1969
1969
Annual
S-23
Feb.
Mar.
Apr.
May
June
July
1970
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value of Imports— Continued
General Imports— Continued
By commodity groups and principal commodities:
312.1
492.6 499.0 453.0 441.1 437.8 399.0
Agricultural products, total. .
mil. $
5, 053. 6 4, 954. 4
460.9
404.0
394 5
471.7
455.5
488.7
Nonagricultural products, total
do
28,172.7 31, 097. 5 2, 089. 3 2, 500. 4 2, 835. 3 2, 783. 5 2, 775. 1 2, 716. 1 2, 510. 6 2, 737. 2 2, 969. 5 2,585.1 2, 758. 7 2, 653. 8 2, 488. 9
4, 577. 3
136.0
1, 139. 7
746.5
640.1
786.3
3, 345. 7
1, 007. 8
454.8
335.1
191.8
4, 530. 8
168.2
893.9
863.8
638.2
777.8
3, 460. 3
1, 012. 6
520.8
260.1
279.5
287.1
15.3
49.0
45.4
34.7
28.6
232.3
51.1
40.7
12.2
20.7
438.9
20.5
89.1
96.4
50.9
63.8
307.5
63.0
39.8
28.8
25.4
438.4
10.4
95.8
74.7
66.2
68.1
337.4
81.7
44.7
36.0
23.2
396.6
14.1
71.6
67.1
58.6
89.1
304.4
90.0
39.8
29.6
22.6
398.9
11.9
75.4
70.4
73.0
86.8
293.5
83.0
45.3
25.3
23.1
414.4
18.6
72.0
84.4
78.0
62.8
294.0
93.6
43.8
22.3
19.4
363.7
15.4
62.0
94.4
56.5
54.1
290.8
91.6
40.3
23.8
26.9
368.6
5.5
75 3
91.0
44.7
67.1
288.8
92.2
42.7
16.8
25.2
430.1
11.2
103.5
88.1
57.3
93.0
320.7
112.8
52.0
16.7
30.4
369.4
16.5
99.9
54.5
34.1
72.7
275.2
90.5
47.4
18.4
26.2
454.7
27.2
84 2
68.4
78.1
67.2
313.8
104 7
47.8
21.3
25 8
431.6
32.7
92.6
82.9
38.4
68.0
271.4
75.2
41.8
20.5
27.4
411.5
19.8
103.0
83.6
36.1
63.7
244.7
72.3
41.2
21.4
20.2
2, 526. 7
do
2, 343. 2
do
157.9
do
do.. . 1, 129. 1
2, 794. 0
2, 559. 9
136.7
1,232.0
230.0
209.0
12.5
80.9
225.0
208.6
11.7
111.4
238.8
224.1
11.2
124.9
219.4
198.7
13.6
108.6
212.6
196.3
8.6
114.5
221.3
202.5
11.0
101.0
227.6
205.0
10.2
99.2
229 2
212.9
10.2
99.7
247.4
223.1
13.9
120.4
201.4
185.5
11.7
101.8
292 1
261 9
16 2
99.7
274.7
250.6
9.6
112.2
279.3
252.4
8.6
110.8
8, 162. 4
do
do. ._ 2, 046. 5
862.9
__ . __do
2, 022. 5
do
962.4
do
7, 893. 3
1, 809. 1
938.6
1, 534. 6
1, 019. 0
533.2
72.8
71.0
137.6
69.2
653.1
119.2
74.4
135.9
112.9
784.1
187.3
78.5
159.0
107.0
761.5
208.6
74.0
138.7
91.5
726.0
180.8
83.3
136.5
88.2
728.7
179.1
81.3
129.7
86.6
645.9
160.3
74.5
116.8
93.4
707.5
176.6
82.6
134.0
87.2
698.4
169.7
84.6
129.6
84.5
620.2
137.7
79.6
122.4
73.2
636.5
152.5
87.5
114 7
80. 1
656.2
121.4
76.7
144.6
99.7
569.2
109.4
71.0
124.3
81.7
7, 986. 9
3, 688. 4
203.9
1, 492. 1
9, 768. 2
4, 489. 0
182.7
1, 946. 9
655.9
291.8
10.2
127.4
762.9
351.2
17.4
137.2
869.8
407.1
18.7
159.1
895.5
398.9
19.8
157.8
889.9
401.8
17.0
161.7
790.7
391.0
15.8
171.0
716.8
388.2
16.4
174.0
845.6
394.9
16.9
179.3
964.8
436.7
13.0
204.3
873.9
383.4
13.2
179.1
892 7
389.0
15 8
171 8
862.5
387.4
12.9
151.4
839.9
381.5
18.1
154.0
4, 298. 5
3,711.6
3, 346. 1
1, 207. 8
5, 279. 2
4, 623. 8
4, 127. 6
1,331.1
364.1
315.0
252.0
86.4
414.9
358.7
316.0
98.2
464.9
408.4
348.1
109.2
497.0
429.2
335.6
112.4
488.1
431.8
365.9
117.6
398.7
334.8
409.7
120.0
328.6
274.5
392.7
108.3
450.7
400.2
393.4
121.5
528.1
473.2
413.9
127.8
490.6
440.9
349.2
113.6
503 6
456 8
346.7
127.8
475.1
420.5
350.3
89.2
458.4
398.0
326.8
89.9
112
173
195
f> 117
*182
p213
115
150
173
115
202
232
117
181
211
v 120
v 196
p 236
104
226
235
J>108
p236
P254
106
198
209
106
260
276
107
242
260
p 111
v 245
P273
194, 482
19, 359
196, 638
19, 922
9,440
739
14, 081
1,787
17,422
2,000
19, 349
2,032
18,093
1,733
18,014
1,738
18, 475
1,800
17, 310
1,694
19,529
1,995
20, 116 17, 845
1 953 1 871
16,416
1 828
282, 751
21, 139
287, 152
21,542
19,909
1,242
20, 826
1,793
24, 724
2,075
24, 844
2,029
22,636
1,976
24, 619
2,044
23,890
1,913
26, 020
1,915
28, 395
2,052
21, 943 28, 666
1 727 1 907
24, 682
1 926
Food and live animals 9
_ _ __do __
Cocoa or cacao beans
do
Coffee
do
Meats and preparations
_
__do
Sugar
do
Beverages and tobacco
do
Crude materials, inedible, exc. fuels 9
do
Metal ores
do
Paper base stocks
do
Textile
fibers
_ _ __do
Rubber
do
Mineral fuels, lubricants, etc
Petroleum and products.
Animal and vegetable oils and fats
Chemicals.
_
Manufactured goods 9
Iron and steel
_
Newsprint. _ _
Nonferrous metals
Textiles .
_ _
Machinery and transport equipment
Machinery, total 9 _ _.
Metalworking
Electrical
do .
__do
do
do
Transport equipment
do
Automobiles and parts
do
Miscellaneous manufactured articles
do
Commodities not classified
do
Indexes
Exports (U.S. mdse., excl. military grant-aid):
Unit value
do
Quantity
1957-59 — 100
Value
do
General imports:
Unit value
do
Quantity
do
Value
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):
Shipping weight
thous. sh. tons
Value
mil $
General imports:
Shipping weight
thous. sh. tons
Value
mil. $
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
Traffic:
Miles flown (revenue)
mil
Express and freight ton-miles flown do
Mail ton-miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
bil
Express Operations (qtrly.)
Transportation revenues
Express privilege payments
mil. $__
__do
5,091
5 046
4,488
1,295
1,284
1,143
84
32
1,282
— 15
330
129
4,770
126
1,502
1 540
544
111
82.0
1 679
1 713
588
118
90
381 5
86.2
345 3
79 5
119
119
43
8
6.0
125
132
49
10
7.1
1,476
1,464
1,310
92
34
1,360
46
137
142
49
10
7.4
141
143
45
11
8.4
147
140
45
11
8.5
147
147
46
12
9.4
87.6
19.4
84 1
20.9
Local Transit Lines
Fares, average cash rate
cents
24.0
24.1
24.0
24.3
23.6
Passengers carried (revenue)
mil
499
561
6 491
553
6 310
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):
J
Number of reporting carriers
1,326
1, 249
Operating revenues, total
mil. $
9,523
2,455
Expenses, total
do
9,047
2 366
Freight carried (revenue)
mil tons..
523
138
r
Revised.
v Preliminary.
1 Revised to include trade in silver 2ore and bullion formerly reported separately; quarterly data do not reflect this change.
Number of carriers
tiling complete reports for the year.
141
155
49
10
7 2
24.1
560
24.1
513
1,315
2,619
2 492
145
144
151
45
9
7.1
151
160
51
10
7.0
143
143
52
9
6.6
86 2
20 6
24.2
489
24.3
479
24.3
520
1,301
2,698
2 562
144
9 Includes data not shown separately.
152
150
68
10
8.0
87 4
18 6
24.4
567
24.7
500
25.2
528
25.4
505
25.4
470
Mar.
SURVEY OF CURRENT BUSINESS
S-24
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
Annual
April 1970
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
170.5
172.1
Jan.
Feb.
Mar.
2 197. 3
2 3 67. 2
259.0
259.7
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORT ATION-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 carriers
Operating revenues total
mil. $
Expenses total
do
Passengers carried (revenue)
miL_
175
165.7
183
178
173.3
i 159
685.7
604.8
217.4
172.4
171.0
171.9
173.8
183
173.3
177.8
171.5
178.2
872
472
* 131. 1 6 136. 0
* 129. 6 6 133. 9
Ml. 8 639.1
71
170.2
145.8
45.0
70
203.5
162.1
48.5
2,741
2,481
103
2 175
423
142
98
2,916
2,636
111
2,249
455
212
173
2,836
2,546
118
2,274
423
140
98
187.4
184.6
1.344
2,851
200.2
196.5
1.341
3,090
192.0
188.8
1 349
3,390
178.5
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
Traffic:
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 .-
2
10, 860
9,750
444
2 8, 582
2 1, 595
2683
5568
211,451
2 9, 062
2 1, 730
2659
5
759.1
» 744. 5
1.310
13,120
2 767. 2
2 2, 958
2 2, 363
2429
2166
Travel
Hotels:
Average sale per occupied room
dollars ..
11.35
Rooms occupied
% of total-61
118
Restaurant sales index__.same mo. 1951 *» 100. .
Foreign travel:
5,021
U.S. citizens* Arrivals
thous
4,820
Departures
do
Aliens: Arrivals
do
3,084
Departures
do
2,613
Passports issued
do
1,748
National parks visits
do
42, 392
12.37
59
120
11.80
62
119
11.32
63
128
12.80
64
122
12.03
63
138
12.90
61
126
11.59
57
119
13.09
60
118
13.04
60
122
13.66
68
120
12.75
55
112
11.66
44
118
13.22
52
107
12.98
55
114
5,911
5,751
3,602
3,034
1, 820
42, 403
353
363
203
157
122
858
426
424
252
198
167
1,277
460
427
264
212
229
1,906
455
478
306
251
229
2,976
523
695
304
287
267
6,176
671
772
403
315
194
9,291
868
636
415
354
137
9,518
589
450
394
314
107
4,144
440
371
309
274
94
2,826
395
355
256
222
77
1,602
342
429
245
272
93
1,040
125
969
153
1,089
246
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. $--
15,068
7,578
5,693
9,020
2,553
95.1
16, 781
8 213
6^506
10, 270
2,798
100.3
4 022
1,993
1,538
2,404
674
96.4
4 153
2,038
1,607
2,512
700
97 4
4 231
2,062
1,645
2 632
691
98 9
4 375
2,120
1,717
2,722
358.2
309.5
391. 3
330.8
93.5
78.2
97 8
82.7
95.7
84.8
104.3
85 1
29.6
33.0
9.7
9 7
5.9
7.7
153.4
116.1
180.0
132. 6
41.3
30.4
44.7
32.5
45.7
33.2
48 3
36.5
30.6
39.1
9.0
10 4
10 4
9 3
734
100.3
1
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
mil cu ft
Ammonia, synthetic anhydrous thous sh tons
Carbon dioxide, liquid, gas, and solid
do
Chlorine, gas (100% Clj)
do
Hydrochloric acid (100% HC1)
do
Nitric acid (100% HNOi)
do
Oxygen (high purity)
mil cu ft
Phosphoric acid (100% PjOs)
thous. sh tons
Sodium carbonate (soda ash), synthetic (58%
Na?0)_ _ _
thous sh tons
Sodium bichromate and chrornate
do
Sodium hydroxide (100% NaOH)
do
Sodium silicate, anhydrous
thous sh tons
Sodium sulfate, anhydrous
thous sh tons
Sulfuric acid (100% HaSOO
do
r
14 877
14 204
12, 093. 0 12 713 5
1,047.8 1, 096. 3
8, 428. 4 9, 422. 0
1,735.3
6, 134. 9
248, 250
4, 926. 2
4 552.6
145.1
8, 799. 4
632.2
U,471.7
r
28 556 4
1 249
1 151
991 2 1 050.2
86.5
76 6
768.7
711.3
1 187
1 113 1 203 r 1 228
1 160
1 131 1 153 1 140 1 203 1 242
0
1 083 3 1 136 8 1 140 9 1 0928 1 007 1 1 0*37 3 1 097.2 1 060 0 1 T 129 8 948
T
776.5
91.6
807.4
98 6
783.0
111.1
803.4
110 4
808.6
151 0
479 6
23 123
379 7
r 85 1
147 7
503 5
20 827
380 5
163.8
572.8
23 030
420. 1
156 7
541 8
92 808
450 1
159.8
549.5
23 582
447 8
154 0
495 9
21 263
393 0
155 1
464 5
21 952
345 1
4 502 9
335 5
149 4
11 1
9, 618. 7
721 9
653 8
46 3
1 471 7
117 8
r
28 727 4 2 238 9
385.1
13.1
770.8
56.6
134.1
2,405.8
370 2
13 3
815.5
62 7
133 0
2 509 7
383 3
392 5
12 1
12 9
811.5
797 8
59 5
62 8
124 2
116 2
2 559 1 2337 5
379 6
12 0
803 4
41 9
112 6
1 848 6
6, 254. 3
272 884
r
4 915 5
Revised.
* Preliminary.
1 Number of carriers filing complete reports for the year.
Preliminary estimate by Association of American Railroads.
» Data cover 5 weeks;
other months, 4 weeks.
* Figures for 1st quarter 1968 comparable with data for 1st quarter
1969.
s Annual total reflects revisions not distributed to the monthly or quarterly data.
3
6
'
' 99 4
786.4
150 2
519 3
22 751
410 7
93 5
811.0
82 6
788.2
80 8
845.8
154 3
540.8
24 022
438 8
145 7
528 4
23 984
408 6
160 8
557.3
23 «85
447 1
368 8
410 4
374 9
12 2
12 4
13 5
824 4
840 1
793 8
50 5
49 4
60 9
119 7
113 0
130 8
2252 5 2 280 4 2 515 2 2
349 6
419 8
11 3
14 3
821 2
858 0
63 4
60 3
119* 9
120 1
424 7 2,708 5
r
73.7
787. 2
152.4
r
517. 0
r
22 535
r
393 9
1,127
988.5
81.0
744.2
149.9
510.4
21,605
429. 4
r
343.6
350 6
10.5
11 3
756.9
800.9
r 37 4
54.0
r
116.2
115 4
r
2 302. 6 2, 316. 1
r
Beginning with 1st quarter 1969 reporting period, motor carriers are designated class 1
if they have annual gross operating revenues of $1 million or over; for data prior to 1969, class 1
carriers aro those having annual operating revenues of $200,000 or over.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
S-25
1969
1 1969
Feb.
Annual
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Organic chemicals, production:^
Acetic anhydride
Acetvlsalicylic acid (aspirin)
Creosote oil
mil. Ib
do_
mil. gal
11,651.6 1 1,748. 0
31.2
37.5
' i 106. 0 '1119.1
140.4
3.1
8.8
145.2
3.4
8.9
147.9
3.5
10.3
147.9
3.6
9.6
143.5
3.6
9.9
140.9
3.2
10.2
144.4
3.0
9.0
129.5
1.7
9.3
134.5
2.9
11.0
129.5
2.7
10.0
152.1
3.5
143.0
3.4
mil Ib
do
i 162. 0 1 153. 2
14,099.6 i 4,192. 8
8.9
323.2
18.9
356.1
11.0
349.9
13.3
371.3
15.8
355.7
12.7
320.4
11.4
348.7
7.1
357.8
16.7
381.7
10.4
355.0
13.1
358.7
12.7
316.1
347.0
29.5
580.2
» 748. 3
344.1
30.5
1624.8
774.0
31.0
31.8
46.5
56.9
27.8
34.4
50.3
64.2
29.4
31.9
51.3
70.6
22.2
29.0
51.2
69.8
28.2
26.9
51.3
72.7
28.9
28.8
51.2
65.8
26.5
32.4
51.7
58.6
31.0
31.9
54.1
58.2
30.3
30.5
56.6
61.1
31.4
30.5
52.5
64.3
29.0
30.5
56.4
72.1
'24.5
'27.5
52.5
56.4
mil tax gal
do
do
do
708.1
189.2
564.4
81.4
738.1
179.7
592.7
85.6
64.4
196.8
52.7
6. 0
65.3
192.4
57.8
56.4
188.5
46.9
59.3
183.8
51.2
58.1
181.6
50.2
61.9
177.0
51.4
62.8
178.2
52.4
62.2
181.4
42.9
76.3
176.3
52.7
8.4
50.8
177.2
33.7
6. 6
53.2
179.7
43.8
42.2
164.4
40.2
6. 2
mil wine gal
do
. do
303.5
305.6
2.7
318.5
318.7
2.4
28.3
27.7
3.7
31.0
30.2
4.5
25.3
26.0
3.9
27.5
27.8
3.5
26.8
28.2
2.1
27.6
27.3
2.4
28.1
27.9
2.7
23 2
23.3
2.6
28.3
28.2
2.7
18.0
18.1
2.6
23.7
23.7
2.4
21.6
21.4
2.6
thous. sh. tons
. do
do
do
18, 956
2,607
13,584
1 303
16, 599
1,799
12, 229
1,233
979
56
771
92
1,304
142
955
69
1,718
162
1,334
109
1,674
261
1,179
95
1,750
141
1, 389
125
1,586
210
1,091
81
1,580
368
914
141
1,302
125
959
93
1,421
108
1 110
106
1 004
107
704
93
1,319
93
1,039
122
1,278
57
1,079
78
1,253
61
977
87
227
131
3,557
205
233
138
3,829
184
20
10
268
11
24
24
354
13
45
30
433
19
29
g
396
22
13
7
176
11
12
5
156
38
9
2
235
15
16
5
328
14
13
14
491
18
15
16
364
6
19
9
393
19
25
16
336
16
22
17
377
9
4,170
4,803
353
560
579
540
195
108
214
325
507
453
634
331
4,149
535
4,290
448
351
590
381
502
395
369
398
358
339
411
277
406
316
460
354
440
379
427
347
429
393
448
r 336
T
468
.4
1, 581. 7
.3
1,924.8
Paints, varnish, and lacquer, factory shipments:
Total shipments.
mil. $__ 2,586.8
Trade products
do
1, 427. 5
Industrial
finishes
do
1,159.3
2, 776. 7
1 473.5
1, 303. 5
207.1
106 1
101 0
229.9
118.8
111.1
245.2
131.9
113.3
256.8
143 6
113 3
278.0
163.0
115.1
254.3
145 2
109 1
261.7
149.3
112.4
253 4
133 7
119 7
234.4
119 1
115 3
186 2
91 6
94 6
179.9
85 0
95.0
178 1
85 3
92 8
8,564
3,461
681
3,006
744
3,129
710
3,150
723
3,134
715
3,213
681
3,221
655
3,278
694
3,294
715
3,306
755
3 401
746
3,461
730
3,530
50.3
52 0
88 9
62.5
52.7
58.8
96.5
70.6
55.8
59 4
96 2
66.9
57.9
62 5
97 8
65.7
65.3
50.8
95 9
66.4
53.9
51 1
81 3
55.5
51.9
51 5
91 2
61.9
51.8
54 7
97 4
64.0
61.6
58 7
106 7
69.9
43.1
54 4
91 0
65. 1
43.8
55 6
87 9
55.7
Ethyl acetate (85%)
Formaldehyde (37% HCHO)
Glycerin, refined, all grades:
Production
Stocks end of period
Methanol synthetic
Phthalic anhydride
_.do
do
mil. gal__
mil Ib
26.0
26.4
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks end of period
Used for denaturation
Taxable withdrawals
Denatured alcohol :
Production
Consumption (withdrawals)
Stocks, end of period _
_^
FERTILIZERS
Exports total 9
Nitrogenous materials _
Phosphate materials
Potash materials
Imports:
Ammonium nitrate
Ammonium sulfate
Potassium chloride
Sodium nitrate
do
do
do.
do
_
Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100%Pj08):
Production
thous. sh. tons
Stocks, end of period _.
do
359
437
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
_.
mil. Ib
High explosives
__ do. .
Sulfur, native (Frasch) and recovered:
Production..
_ thous. Ig. tons
Stocks (producers'), end of period
do
i 8, 817
2,790
.1
423.6
.1
492.2
.i
512.4
(2)
496.6
PLASTICS AND RESIN MATERIALS
Production:
Therm osetting resins:
Alkyd resins
Polyester resins
_ . _ _
Phenolic and other tar acid resins
Urea and melamine resins
mil. Ib.. i 624. 7 i 628. 8
do
i 576. 4 i 667. 4
1
do
1,038. 4 1 1, 123. 8
do
1741.4 i 770. 5
Thermoplastic resins:
Cellulose plastic materials
do
Coumarone-indene and petroleum polymer
resins
mil. Ib
Styrene-type materials (polystyrene)
do.
Vinyl resins (resin content basis)
do
Polyethylene
_
do
i 192. 6
17.2
17.2
16.5
16.3
14.8
13.0
15.0
15.6
14.8
15.5
14.0
i 332. 6 1332 6
12,719.3 13,251.6
1 2,944 8 13 585 3
1 4 539 1 15 440 7
21 1
247.8
246 6
412 2
28.8
273.0
281.5
433 4
27 9
272.2
270 4
437 1
29 6
285.9
287 4
441 9
31 2
281.9
284 1
435 8
25.9
260.8
262 3
450 1
28 5
263.9
269 5
474 1
26 6
272.4
285 4
480 3
32 0
279.0
323 6
492 3
29 4
276.9
311 5
486 6
26 5
280.2
311 5
497 7
1 186. 2
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total*
mil. kw.-hr._ 1,436,029 1,552,299 117, 665 126, 035 117,115 123, 232 129, 765 143, 951 142, 630 128, 515 129, 414 125, 601 136, 786 141, 110
Electric utilities, total
do.
1,329,443 1,441,939 109, 110 116, 679 107, 974 113, 880 120, 455 134, 789 133, 319 119, 469 119, 980 116, 465 127, 357 131,732
By fuels
do
1,106,952 1,191,861 88,023 95, 159 85,863 90,845 99, 497 113, 766 112,485 101, 164 101, 040 96, 941 106, 027 109, 474
By waterpower
._
do
222, 491 250,078 21,087 21, 519 22,111 23, 035 20, 957 21, 023 20, 834 18,304 18, 940 19, 524 21, 330 22, 258
Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments, total...
By fuels
By waterpower
r
1
2
do
do
do
do
do
1,083,117 1,171,693
246, 326 270,247
87, 944
21, 166
94, 008
22, 670
87, 372
20, 602
91,836
22, 044
110,360
107,076
3,283
8,554
8,290
265
9,356
9,063
293
9,141
8,842
300
9,352
9,044
308
106, 586
103, 203
3,383
Revised.
Revised annual total; revisions are not distributed to the monthly data.
Less than 50 thousand pounds.
97, 935 109, 560 108, 870
22, 519 25, 229 24,449
97, 968
21, 501
98, 711
21, 269
9,162
8,896
266
9,046
8,813
233
9,434
9,184
250
9,310
9,020
289
9,311
9,050
261
94, 736 103, 589 107,213
21, 729 23, 768 24,519
9,137
8,869
267
9,429
9,144
285
9,378
9,070
307
d"Data are reported on the basis of 100 percent content of the specified material unless
otherwise indicated.
9 Includes data not shown separately,
t Revised data for the months of 1968 will be shown later.
SURVEY OF CURRENT BUSINESS
S-26
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
| 1969
Annual
April 1970
1969
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
ELECTRIC POWER AND GAS—Continued
ELECTRIC POWER— Continued
Sales to ultimate customers total (EEI) mil kw -hr 1 202 321 1,307,178 105, 894 105, 614 102, 255 100,883 105, 615 113, 510 118, 124 117, 375 110, 128 106,862 111, 506 116, 941
Commercial and industrial:
1265,151 286,686 22,009 21, 852 21,502 22, 016 24,145 26, 473 27,370 27,282 24, 619 23,232 23,651 24,464
Small light and power§
do
i 518,834 557, 221 43, 557 44,988 45, 344 46, 251 47, 157 46,547 48,022 48,257 48, 418 47,080 47,190 46,096
Large light and power §
do
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental
_
do
do
do
do
do
» 4, 540
i 367,692
i 10, 302
i 32, 162
13,640
4,531
407, 922
10, 772
35, 861
4,186
401
35,650
925
3,048
303
421
34, 244
905
2,891
314
366
31, 057
850
2,823
313
360
28,231
816
2,859
350
328
29,859
794
2,976
356
348
35, 934
809
3,016
384
348
38, 103
821
3,073
385
341
37, 149
878
3,078
391
365
32, 335
948
3,075
369
379
31, 823
988
3,007
352
443
35, 759
1,044
3,063
357
453
41,404
1,032
3,122
369
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil $ 18, 579. 9 20 139 3 1, 624. 1 1, 605. 0 1, 566. 7 1, 554. 1 1, 632 .3 1, 762. 3 1, 830. 9 1, 825. 1 1, 705. 8 1, 653. 8 1, 715. 1 1, 798. 8
GAS
Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial
580
543
36
581
544
36
576
539
35
567
531
35
1, 482
1832
>626
607
374
222
325
171
147
179
64
114
1 129. 0
181 8
146 2
51.3
34.1
16 3
28.6
17 4
10 7
16.1
7.9
8.0
thous
do
do
39 894
36, 619
3 227
39, 974
36, 692
3,234
39, 846
36, 622
3,178
39, 876
36,681
3,148
mil therms
do
do
1 143 222
1 44, 682
i 92, 369
50, 357
21, 623
27, 170
35, 251
9,534
24, 465
29,483
4,067
23,948
Revenue from sales to consumers, total 9 -.mil. $_. 18,646.7
Residential
do
1 4, 482.4
Industrial and commercial
do
13,943.1
3, 399. 1
2, 002. 6
1, 331. 5
2, 072. 9
1, 014. 0
1, 013. 8
Sales to consumers total 9
Residential
Industrial and commercial
thous
do
do
1
mil therms
do
do
Revenue from sales to consumers total 9 mil $
Residential
do
Natural gas:
Customers end of period total 9
Residential
Industrial and commercial
Sales to consumers total 9
Residential
Industrial and commercial
1, 481. 4 ........
542.0
891.4
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
mil. bbl
122. 41
127. 32
Taxable withdrawals
do
112. 41
116. 27
11.90
Stocks, end of period
. . do
11.56
Distilled spirits (total):
Production
._
_ mil. tax gal
229.36
238. 33
Consumption, apparent, for beverage purposes
mil. wine gal_. 1344.07 i 361. 67
Taxable withdrawals
mil. tax gaL_ 147. 62
164.54
Stocks, end of period
do
956. 44
991. 42
Imports
.
mil. proof gal
75.45
87.08
Whisky:
'
Production
mil. tax gaL. 178. 05
169. 87
Taxable withdrawals...
do
95.27
108. 00
Stocks, end of period. . .
do
904. 35
938. 46
Imports
__ _
mil. proof gal
66.50
74.29
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
8.82
7.66
12.33
10.98
9.40
13.00
11.43
10.06
13.37
11.28
10.25
13.36
10.17
9.15
13.57
13.09
11.96
13.55
11.98
11.44
13.12
11.61
10.80
13,05
10.81
10.14
12.81
8.54
8.28
12.38
9.62
9.24
11.90
9.56
8.47
12.43
9.31
8.04
12.99
19.69
21.97
21.66
18.84
17.79
15.17
12.01
17,70
22.75
19.84
20.87
20.55
24.25
10.87
968.43
4.67
28.79
13.99
973.27
6.02
28.79
13.35
978. 71
6.48
30.80
12.93
981. 91
6.67
30.46
14.51
984.51
6.94
29.59
14.31
983. 82
6.83
28.41
13.90
979. 91
5.81
27.79
15.19
979. 24
6.73
33.03
17.82
981. 02
11.47
33.66
14.17
983.86
9.03
42.64
12.19
991. 42
10.84
12.40
998.08
5.66
5.46
16.10
7.44
917. 26
4.16
17.10
9.22
921. 92
5.37
17.25
8.84
927. 80
5.51
14.37
7.86
932. 30
5.75
12.07
9.05
933. 75
6.03
10.65
9.02
934.02
6.02
7.71
8.38
931.47
5.10
12.22
10.14
930. 50
5.89
16.03
12.80
930. 93
10.29
14.00
9.80
932. 35
7.97
15.36
8.06
938. 46
7.30
15.30
8.10
944.66
4.67
4.83
110. 58
66.71
115. 58
68.02
8.26
5.17
10.39
6.17
9.74
5.60
9.95
5.49
11.00
6.57
10.38
6.52
9.09
5.27
10.04
5.87
11.90
7.10
8.99
5.15
8.17
4.27
8.11
4.22
12.17
10.29
5.25
2.23
15.80
13.70
6.19
2.41
1.12
.56
6.10
.10
1.23
1.05
6.23
.13
1.17
.77
6.51
.18
1.04
.87
6.51
.22
1.25
1.12
6.56
.24
.96
.73
6.70
.17
1.40
1.19
6.77
.14
1.16
1.30
6.65
.15
1.70
1.83
6.40
.31
1.67
1.55
6.45
.29
1.97
2.04
6.19
.27
1.81
1.81
6.48
.11
.10
222. 89
181. 12
268. 28
19.98
277. 82
197. 21
306.36
22. 28
2.93
15.28
242.63
.84
3.75
20.06
224. 83
1.19
2.92
15.89
211.75
1.91
2.48
15.59
197. 08
2.34
2.49
16.03
180. 78
2.31
1.99
12.86
169. 98
2.01
8.03
16.88
158.76
1.71
57.81
16.46
193. 87
1.75
126. 45
19.31
293.13
2.33
55.85
16.01
326.97
2.50
9.49
17.90
306.36
2.65
4.08
18.44
290. 91
1.76
1.65
372. 49
403. 31
4.11
4.69
2.16
3.00
2.13
2.74
19.67
118. 03
161. 97
52.16
25.52
7.62
mil. Ib
1, 164. 8
do
117.4
$ per lb._
.678
1, 120. 2
88.6
.686
95.7
115.1
.673
104.7
121.4
.673
109.6
134.5
.683
116.1
162.6
.684
111.1
195.3
.684
93.5
198.0
.686
77.2
185.6
.688
67.6
155.3
.704
75.9
125.2
.693
72.2
104.3
.687
90.1
88.6
.696
101.5
77.4
.686
195.3
••81.3
.687
2, 002. 8
1, 287. 3
139.7
87.3
163.2
101.3
174.2
113.2
197.6
135.6
201.8
140.6
181.0
124.1
170.0
111.8
156.4
98.4
155.8
94.8
149.3
88.2
166.2
101.3
167.4
107.2
160.8
103.6
337.5 ' 366. 1 ' 387. 1 ••386.2
280.7 ' 307.0 ' 326. 4 •• 325. 9
10.0 . 9.6
13.2
12.0
369.5
309.0
12.5
350.9
294.6
14.3
328.7
274.8
3.9
317.5
265.4
20.8
298.0 ' 285. 7
249.6 ' 238. 6
10.8
10.9
Distilling materials produced at wineries... _do
DAIRY PRODUCTS
Butter, creamery:
Production (factory)..
Stocks, cold storage, end of period
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), total. .
American, whole milk_
mil. Ib
do
1, 943. 9
1, 276. 3
Stocks, cold storage, end of period
do
American, whole milk
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
$ per lb__
r
Revised.
1 Annual
quarterly data.
total reflects revisions lot
i
381.0
318.7
168.2
317.5 ' 328. 9 ' 315. 0 ' 316. 1
265.4 ' 271. 5 '260. 2 ' 259. 9
12.9
130.0
10.7
5.9
.603
.548
.572
.587
.595
distr ibuted t o the i•nonthly or
91.6
286.7
238.7
.603
.606
.621
.594
.659
.606
.663
.608
.630
.647
.636
5 Dat a are not wholly (somparat>le on a y ear to ye ar basis because c >f change s from orie class!flcatio n to anot her.
? Includ BS data n ot showri separat Bly.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
S-27
Mar.
Apr.
May
June
1970
Aug.
July
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS— Continued
Condensed and evaporated milk:
Production, case goods:
87.4
Condensed (sweetened)
mil. Ib
1,360.0
Evaporated (unsweetened)
_ do_ _
Stocks, manufacturers', case goods, end of period:
2.1
Condensed (sweetened)
mil. Ib
99.1
Evaporated (unsweetened)
do
Exports:
42.4
Condensed (sweetened)
do .
33.7
Evaporated (unsweetened)
_
_ do
Price, manufacturers' average selling:
7.26
Evaporated (unsweetened)
$ per case..
Fluid milk:
117, 234
Production on farms
mil. Ib
58,164
Utilization in mfd dairy products
_ do _
5.24
Price, wholesale, U.S. average
$ per 100 lb__
Dry milk:
Production:
94.2
Dry whole milk
mil. Ib
1,604.4
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of period:
7.6
Dry whole milk
do
79.0
Nonfat dry milk (human food)
do
Exports:
18.6
Dry whole milk
_ do
151.0
Nonfat dry milk (human food)
_ _.do
Price, manufacturers' average selling, nonfat dry
.224
milk (human food)
$ per lb_.
80.1
1,405.5
4.8
97.0
6.1
109.1
7.8
135.7
9.2
157.5
6.1
147.5
6.2
139.7
6.8
136.0
8.4
103.0
8.9
94.8
1.9
' 105. 0
3.9
39.3
3.5
53.7
2.9
83.5
4.7
124.4
3.9
151.6
2.9
188.9
3.9
211.2
3.0
194.6
3.0
147.7
52.1
37.1
.9
2.9
3.5
4.0
4.5
2.2
7.4
2.9
6.1
2.4
4.5
4.2
4.0
2.0
8.2
2.8
6.9
4.2
70
82 2
53
107 0
22
19
113 6 ' 105 0
4 4
34
6
24
28
97 0
•
•94 0
57
90 9
9
m
23
o
85 1
(i}
32
7.50
7.42
7.45
7.50
7.50
7.51
7.51
7.61
7.51
7.53
7.59
7.62
7.75
7 76
116, 200
58,335
5.46
8,782
4,388
5.45
9,960
5,023
5.35
10, 265
5,392
5.23
11,034
5,997
5.15
10, 759
6,025
5.08
10,142
5,480
5.21
9,673
4,902
5.34
9,165
4,226
5.62
9 138
4,155
5.80
8 691
3 748
5.88
9 170
4 395
5.86
9 412
4 685
5.81
8 840
4 558
'5.69
74.8
1,450.8
5.4
112.8
6.6
131.0
4.6
146.2
10.9
176.2
8.4
178.5
6.4
141.2
5.0
111.1
4.8
83.0
55
79.0
53
74.3
58
99 2
61
102.5
55
106 8
••6.6
'83.9
7.5
68.5
6.2
63.9
4.9
75.2
6.8
108.0
8.0
137.1
9.0
149.1
8.2
150.9
7.1
130.4
6 7
108 3
56
92 0
'66
r 83 9
58
81 1
56
81 8
15.6
111.6
1.3
8.9
1.6
13.9
2.3
19.4
1.6
5.2
1.6
13.2
1.3
9.7
1.4
5.0
1.3
6.4
12
88
5
10 4
7
74
15
25 7
38
29 2
.235
.234
.235
.235
.234
.235
.234
.234
.236
.236
.237
.237
.238
.236
mil. bu__ 1, 267. 4 ' 1,059. 0
33.4
91.9
95.6
107. 6
'92.2
99.5
90.3
102.2 ' 103. 6
123.6
100.8
'97.6
107.1
2.4
17
3 197. 5
3114 9
3 84 6
13
3
1.16
1.17
1.19
1.19
1.13
1.14
1.09
1.09
47.9
2,068
1,487
581
'43.6
5i.3
1.30
1.28
1.30
1.28
1.27
1.22
10 053
5.59
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat)
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
do
...do
do
do
do
2 423. 0
371.6
247 7
123 9
17.8
2 417. 2
419.3
258.0
161 4
8.3
.1
282.8
183.8
99.0
.7
1.18
1.18
1.12
1.12
1.17
1.18
1.16
1.17
2 4 393
2 4 578
4 233
3 276
957
594.0
4 313
3 322
992
'553.5
16.5
3 041
2 224
817
49.8
$ per bu
do
Corn:
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
1.16
1.15
38.6
1.15
1.15
.1
497.4
306 6
190 8
.4
.7
.3
258.0
161.4
.2
.i
.2
1.00
1.00
1.06
1.06
1.08
1.08
1.08
1.07
1.08
1.07
1.06
1.06
1.06
1.06
54.8
3 i 113
3 728
3
385
64.5
79.6
4,313
3,322
992
48.6
40.2
50.3
1.15
1.12
1.15
1.12
1.22
1.19
1.23
1.22
.3
1.0
1.28
1.22
1.11
1.11
1.21
1.19
mil bu
do
do
do
2 939
784
661
123
2
Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu
11 6
r
76
.4
.8
.9
12
'.4
.5
.7
.7
4 72
« 67
.75
.68
.69
.69
.64
.63
.61
.62
Oats:
Production (crop estimate)
Stocks (domestic) end of period total
On farms
Off farms
Rice:
2 104 1
California mills:
Receipts, domestic, rough
mil. lb_ _
Shipments from mills, milled rice .
.do
Stocks, rough and cleaned (cleaned basis), end
of period
mil Ib
2
950
884
723
161
1.20
1.21
3375
3275
552
443
109
Price, wholesale, Nato, No. 2 (N.O.)
$ perlb..
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
'W inter wheat
Distribution
mil. bu..
do.
do
do
do
do
do
.7
.4
.4
.71
91 3
2,012
1,515
272
289
286
214
225
235
118
151
67
79
96
88
67
43
209
87
336
36
A.A.
79
47
63
60
87
67
312
270
229
245
197
125
93
71
73
127
284
266
270
250
241
7,086
4 774
4 818
188
214
423
552
200
544
205
464
q^.7
333
438
1 687
538
602
450
424
461
326
406
280
374
1,695
r A. 18°.
1,812
-100
.085
1,509
492
.085
1,178
408
.085
858
629
.085
476
372
.084
681
291
.084
1,410
254
.085
1,894
375
.086
1,862
349
.086
1,695
362
.086
1,322
337
.085
1,713
245
.085
1,508
235
.087
223.4
24.3
1.14
231.4
29.6
1.17
1.21
20.0
1.23
1.23
1.24
316.0
1.22
1.17
1.06
38.3
1.07
1.12
1.13
1.14
1.15
1.16
2 1, 576
2342
2
1 235
1 443
2 1,459
2311
2 \ j48
1 280
2,013
4
1.22
1.21
884
723
161
2,020
1,376
ocq
234
1 111
1 527
1 346
463
581
608
649
764
919
3
' Revised.
» Less than 50 thousand pounds.
2 Crop estimate for the year.
old
crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye,
5
and wheat; Oct. for corn).
* Average for 11 months; no price for Nov.
Average for
Stocks (domestic) end of period total
On farms
Off farms. _
1.16
1.17
1 023
830
194
3100
Southern States mills (Ark., La., Tenn., Tex.):
Stocks, domestic, rough and cleaned (cleaned
basis), end of period.
mil. lb__
1.19
1.15
55.3
1.07
1.07
294
345
407
1,527
608
919
with evaporated to avoid disclosing operations of
1,871
3819
751
328
1,119
3491
Jan.-Sept.
« Condensed milk reported
individual firms.
§ Excludes pearl barley.
9 Bags of 100 Ibs.
3
1.18
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat— Continued
Exports, total, including flour __
Wheat only
_ mil. bu._
do
642.1
587.8
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
1.79
1.52
1.77
r
488.8
439. 9
16.5
15.1
40.7
37.4
53.3
48.8
••56.9
51.2
46.6
39.5
47.4
41.8
34.5
32.4
36.5
32.9
1.80
1.48
1.75
1.81
1.48
1.83
1.79
1.52
1.81
1.77
1.53
1.78
1.78
1.48
1.76
1.77
1.45
1.70
1.81
1.34
1.65
1.73
1.44
1.66
1.79
1.48
1.72
Wheat flour:
Production:
Flour.
thous. sacks (100 Ib )
254, 185 ••254 094 18, 974
OffaL.. _
thous. sh. tons
4,510
335
' 4 558
Grindings of wheat ...
thous. bu_. 569, 649 r 567, 956 42, 038
Stocks held by mills, end of period
thous. sacks (100 lb.)__
4,638
4,595
Exports
do
23 264 f 21 132
609
Prices, wholesale:
Spring, standard patent (Minneapolis)
5.927
$perl001b__
5.923
5.838
Winter, hard, 95% patent (Kans. City). .do
5.449
5.375
5.438
••46.9
40. 5
43.2
38.4
51.6
48.1
56.9
51.7
55.6
51.4
1.82
1.53
1.75
1.83
1.52
1.76
1.88
1.52
1.78
1.86
1.53
1.75
1.93
1.53
1.72
f
20,625
20, 307
21,217
20, 758
19, 620
21, 455
22, 201 ' 23,357
22, 170
46,121
45,631
47, 623
46, 457
44, 119
47, 974
49, 519
51, 894
49, 344
4,489
1 433
2 096
r 2 410
4,324
r 3 027
2 429
919
4,391
1 534 r 2 751
2 052
4,595
1 499
5.863
5.350
5.838
5.338
5.875
5.388
5.888
5.463
6.013
5.588
6.025
5.488
5.950
5.488
5.988
5.475
6.000
5.488
364
356
373
365
345
377
387
5.913
5.413
407
385
1.88
1.49
1.73
23 068 '21r 960 21 003
402
383
366
51, 348 ' 48,905 46, 761
2 230
1 726
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous animals
Cattle
do
Receipts at 38 public markets
_ __ do
Prices, wholesale:
Beef steers (Chicago)
$ per 100 Ib
Steers, stocker and feeder (Kansas City)__do
Calves vealers (Natl Stockyards 111 ) do
Hogs:
352
3 637
30 536
112,716
271
282
2,611
2,608
2,887
1,380
302
957
2,724
1,203
281
961
2,434
1,007
271
2,414
1,022
2,466
905
2,423
1,019
312
2,356
2,368
1,130
2 568
1,052
2 653
'965
2,318
850
983
27.65
25.90
33 83
30.52
29.46
37 29
28.97
27.22
40.50
30.20
28.69
40.50
30.98
30.28
40.00
33.76
32.40
40.50
34.20
33.17
39.00
31.57
29.87
35.00
30.97
29.20
34.00
29.85
28.37
34.00
29.10
28.81
34 00
28.71
29.30
35 00
28.86
29.55
37 50
29.25
29.44
30.25
31.31
31.92
33.36
6 245
1,278
6 816
1,363
6 852
1,429
6 045
1,307
5 591
1,228
5 739
1,204
5 708
1,095
6 611
1, 266
7 100
l[374
C OO K
fi 9.44
1,146
1,276
6 1 7ft
1,166
5 570
1,003
1,182
19.68
20.41
20.23
22.71
24.35
24.90
27.11
25.42
25.33
25.05
25.94
26.50
27.59
25.85
18.0
18.3
17.5
18.7
20.3
21.1
22.0
21.6
22.1
23.4
23 6
23 5
24.0
22.7
768
179
814
176
839
183
835
192
810
250
822
252
797
230
730
218
7Q8
OKK
213
193
742
139
16S
' 27. 75
27.38
74 78Q
Receipts at 38 public markets
do
i 15, 932 U5,415
Prices:
Wholesale, average, all grades (Chicago)
$per 1001b__
18.65
23.09
Hog- corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)
18 0
20 3
Sheep and lambs:
317
3 876
29 592
i 11,699
in 888
Receipts at 38 public markets
do
i 2 934
Price, wholesale, lambs, average (Chicago)
$per 100 lb_. 26.02
10 067
12 704
248
946
308
915
291
329
931
303
290
239
28.35
27.50
29.25
30.75
32.25
29.75
29.25
26.75
26.00
27.25
27.75
27.25
28.00
32 714
33 373
2 628
2 765
2 788
2 692
2 602
2 705
2 650
2 917
3 170
2 617
2 079
2
QQ9
2 537
625
508
637
571
617
57
198
678
54
149
633
62
134
556
45
139
513
46
163
513
40
188
550
47
174
612
62
165
635
51
100
637
40
122
659
721
32
155
1,490
1 492
1 520
••254
1 499
1 591
1 678
1 805
1 478
1 632
1 696
2
99
246
2
118
1 570
3
85
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in) , inspected
slaughter
mil Ib
Stocks (excluding lard), cold storage, end of
period
mil Ib
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of period . . do
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
$ per Ib
Lamb and mutton:
Production, inspected slaughter
mil Ib
Stocks, cold storage, end of period"
do
Pork (including lard), production, inspected
slaughter
_ _
mil Ib
Pork (excluding lard):
Production, inspected slaughter
do
Stocks, cold storage, end of period
do
Exports.
_
do
Imports
.
do
Prices, wholesale:
Hams, smoked composite. ._
$ per Ib
Fresh loins, 8-14 Ib. average (New York) . do
Lard:
Production, inspected slaughter. .
mil. Ib
Stocks, dry and cold storage, end of period, do
Exports.
do
Price, wholesale, refined (Chicago)
$ per Ib
1 594
1 685
601
35
88
18 270
18 874
1,461
282
3
140
363
28
278
2
59
.492
.465
.484
.501
.546
.556
.521
.498
.478
.459
.457
.468
510
40
43
43
40
38
47
42
17
45
16
12
40
37
9
43
17
17
16
13 899
13 989
1 127
1 233
1 253
11 330
11 565
938
264
16
21
1 026
1 042
304
29
1 129
.473
545
14
256
92
324
1 194
2
211
152
316
270
12
39
275
2
99
273
2
148
311
2
131
342
2
120
343
2
62
363
2
81
01
173
1,460
'401
384
.488
.487
.512
45
17
40
••18
23
1,011
378
3
135
13
12
15
1 130
1 064
1 074
1,041
1 195
1 318
1 102
1 199
1 151
324
10
33
935
299
23
33
877
246
13
28
880
196
8
29
860
168
7
21
982
174
11
24
1 089
906
221
13
23
998
211
5
27
951
210
4
19
522
16
16
202
20
27
2
108
844
' 237
266
.578
4
33
537
580
.572
.631
.609
.616
628
.495
.572
.614
674
.507
.536
.572
625
.575
. 559
.476
592
.509
.608
.622
.614
.657
.626
1 862
1 755
138
149
152
142
135
141
131
167
142
145
r 40
144
••65
121
.144
93
11
133
154
94
172
112
70
r 262
145
517
97
14
133
92
29
614
130
76
15
131
.139
55
23
150
724
783
842
897
80
62
11
56
22
148
58
30
165
48
42
170
70
13
169
1 048
812
840
735
25
62
38
POULTRY AND EGGS
Poultry:
r 579
Slaughter (commercial production)
mil Ib
631
9 492
661
8 915
Stocks, cold storage (frozen), end of "period, total
287
'350
mil. lb__
307
239
417
Turkeys
.
do
r 254
201
192
155
317
Price, in Georgia producing area, live broilers
.135
$perlb__
.145
.135
.131
.140
' Revised.
i Annual total reflects revisions not distributed to the months; receipts data for 1968 represent
207
123
200
119
248
163
324
237
.145
.145
.170
.155
receipts at 28 public markets.
l.c.l. basis as previously.
949
2
r 761
653
217
99
.140
423
329
539
436
390
284
307
192
272
162
••250
'133
.145
.130
.130
.120
.140
.135
Beginning Jan. 1969, quotations are on carlot rather than
April 1970
SURVEY OF CURKENT BUSINESS
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1970
1969
1969
Annual
S-29
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov. 1 Dec.
1
Jan.
Feb.
Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
POULTRY AND EGGS— Continued
Eggs:
Production on farms
mil cases O
Stocks , cold storage, end of period:
Shell
thous. casesO..
Frozen
_.
mil. lb__
Price, wholesale, large (delivered; Chicago)
$ per doz._
192.5
191.5
14.7
16.7
16.3
16.9
16.0
16.1
15.9
15.3
15.9
15,6
16.3
16.3
14.8
59
72
51
43
71
56
52
52
173
50
237
53
300
61
213
66
120
64
86
56
45
55
64
50
51
43
46
41
'79
'40
78
40
.372
.460
.413
.445
.404
.334
.351
.471
.433
.488
.471
.595
.627
.610
.515
.480
Cocoa (cacao) beans:
Imports (incl. shells)
..thous. Ig. tons
Price, wholesale, Accra (New York)
$ per lb._
228.2
.344
218.4
•-.458
23.4
.436
27.2
.460
14.3
.455
20.7
.443
15.4
.456
25.5
.478
21.6
.469
6.3
.444
12.5
.461
18.8
.500
30.7
'.458
36.8
.393
23.9
.345
.344
Coffee (green) :
Inventories (roasters', importers', dealers'), end
of period
_.
thous. bagsrf1
Roastings (green weight)
do
5,076
21, 165
3,811
20,851
3,249
5,370
Imports , tot al
do
From Brazil
do
Price, wholesale, Santos, No. 4 (N.Y.) $ per Ib
Confectionery, manufacturers' sales
mil. $..
25, 377
8,318
.376
1,705
20, 232
1,111
5,780
345
.408
.375
156
' 1, 775
2,015
654
.383
152
MISCELLANEOUS FOOD PRODUCTS
Fish:
Stocks, cold storage, end of period
3,389
5.080
3.361
4 780
3,811
5,621
2,195
643
.380
135
1,664
478
.378
118
1,747
563
.375
115
1,714
529
.375
106
1,476
329
.390
131
1,778
459
.410
193
2,327
539
.478
187
2,167
706
.490
173
1,675
400
.485
'163
1,783
482
1,841
562
'159
172
..mil. lb--
285
275
219
' 193
188
191
201
230
253
268
'263
269
275
256
221
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
' 4, 395
6,680
1,707
4,298
6,352
1,502
381
46
46
70
98
99
116
174
145
137
370
192
95
524
148
77
548
102
95
601
171
153
576
235
653
538
144
1,036
404
141
795
438
43
647
935
41
158
99
do
do
do
11, 089
10, 927
2,961
10,804
10, 655
2,796
620
611
3,146
919
903
2,737
834
818
2,698
933
918
2,580
976
965
2,396
1,019
1,008
2,164
1,058
1,077
1,698
1,077
1,062
1,396
928
814
1,625
806
798
2,307
sh. tons..
1,320
968
102
76
163
85
46
38
69
57
120
50
68
133
2,728
4,879
1,075
117
4,776
1,024
124
264
96
0)
371
91
22
486
140
1
438
58
2
538
153
2
577
124
7
416
95
13
328
71
6
423
42
0)
385
23
2
506
130
67
289
165
361
263
4
1,748
.075
.078
.077
.078
.078
.078
.078
.075
.078
.078
.079
.078
'.076
.081
.080
.624
.101
.638
.107
.630
.103
.631
.103
.629
.105
.632
.107
.642
.107
.641
.108
.646
.108
.647
.108
.643
.109
.645
.109
.646
.109
'.652
.662
-thous. lb_. 155, 335
139, 962
4, 046
14, 825
16, 785
17, 989
13, 655
11,644
8,892
13, 760
11, 141
13, 593
11, 773
10, 826
10, 264
3,311.9
142.7
3, 480. 5
138.7
272.3
133.4
291.3
132.7
268.7
142.1
287.6
138.9
281.1
144.5
244.4
130.7
281.7
128.2
294.5
116.3
341.9
113.1
321.6
116.0
'309.0 ' 295. 0
138.7 ' 122. 0
301.8
114.0
2, 995. 9
79.4
3, 143. 7
70.5
215.9
76.4
248.9
80.0
258.4
73.9
283.7
91.4
322.0
74.7
253.5
62.5
242.8
60.2
254.3
60.2
268.4
53.0
274.9
63.3
279.4 ' 263. 7
70.5 '76.4
262.4
76.9
2, 140. 9
49.1
2, 181. 9
52.1
175.3
60.2
181.0
56.1
169.3
58.7
165.1
58.2
169.5
54.1
' 161.0
55.5
162.6
51.0
187.2
50.1
209.8
54.4
179.2
53.8
207.0 ' 202. 5
52.1 '48.5
198.9
60.6
.256
.260
.256
.256
.257
.257
.257
.257
.257
.257
.265
.272
.272
539.1
517.3
49.6
534.6
510.9
45.9
45.8
43.3
54.0
44.0
49.0
44.2
41.4
41.4
47.4
42.0
43.9
44.3
40.5
45.6
32.8
39.7
37.2
28.3
43.1
43.3
27.8
44.4
43.0
25.6
49.5
48.0
26.0
48.7
41.3
34.5
49.3
35.2
45.9
4,745.2 ' 4,655. 0
2, 478. 0 2, 595. 3
348.0
358.5
378.2
205.0
425.1
380.1
215.7
419.1
386.2
228.0
335.9
372.3
211.6
306.4
363.8
219.9
281.2
382.8
211.5
283.3
374.3
208.1
290.4
383.2
220.5
303.6
432.9
238.1
330.8
393.8
211.0
353.7
171.6
75.6
84.0
.9
6.4
122.5
.6
6.9
111.2
5.4
6.8
94.2
20.8
5.2
123.5
27.2
7.1
130.9
29.3
5.0
142.1
31.4
5.8
126.0
28.2
7.2
131.4
14.0
6.6
148.2
8.2
6.8
104.6
29.3
44.0
60.5
153.1
34.2
33.2
43.6
61.0
154.2
33.0
19.1
41.3
52.3
138.5
31.6
35.4
48.5
59.4
139.8
28.3
35.8
47.8
65.1
131.4
18.4
38.2
46.2
67.7
152.2
28.7
35.3
42.7
58.3
172.7
21.2
39.5
36.8
37.4
68.5
on lar<i,
stocks.
40.1
37.5
39.5
33.8
33.3
39.9
68.3
65.9
see p. S-28.
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
thous sh tons
do
do
Prices (New York):
Raw, wholesale
$ per Ib
Refined1.
Retail (Incl. N.E. New Jersey)... $ per 5 Ib
Wholesale (excl. excise tax)
.$ per lb. _
Tea, imports
195
929
826
919
815
2,796 ' 2, 858 p 2,792
.079
FATS, OILS, AND RELATED PRODUCTS
Baking or frying fats (incl. shortening):
Production
mil. lb..
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 lb. .
Animal and fish fats: A
Tallow, edible:
Production (quantities rendered)
mil. lb._
Consumption in end products
do
Stocks, end of period 1
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 ^
do
170.8
69.9
155.8
Vegetable oils and related products:
Coconut oil:
Production: Crude
mil lb
392.1
31.4
386.3
28.8
30.5
Refined ._ .._
do
46.1
45.6
548.7
547.5
52.2
Consumption in end products
do
730.7
732.6
59.9
63.8
63.8
Stocks, crude and ref., end of period H
do
197.1
179.1
205.9
184.9
155.6
Imports
_._ _ .
do
10.3
40.1
19.2
442.8
424.6
Corn oil:
Production: Crude
do
465.5
452.8
36.1
40.0
39.5
Refined
do
429.6
438.1
31.8
33.0
38.8
Consumption in end products
do
36.6
439.6
442.2
31.3
33.6
Stocks, crude and ref., end of period ^
do
54.1
40.5
49.8
54.7
65.9
r
Revised.
v Preliminary.
1 Less than 500 she)rt tons,
©Cases of 30 dozen.
cf Bags of 132.276 lb.
§ M<mthly dal a reflect cumulatnre revisio ns
38.5
39.2
34.1
37.1
35.5
37.7
70.4
70.7
©Prodileers' an d
'49.9
'40.9
'46.0
47.3
49.8
48.3
398.3 ' 420. 4
208.2
209.4
348.0 ' 416. 8
372.4
198.9
436.2
4.7
6.9
84.0
.7
7.1
90.8
.6
6.0
79.6
38.0
25.6
44.3
44.3
61.2 '55.1
205.9 '200.4
7.2
146.5
26.2
47.1
64.4
162.5
49.4
38.0 '36.9
37.9
38.0
41.2
39.0
34.6
44.2
34.6
36.2
37.3
35.8
39.7
42.0 '41.1
54.1 '50.9
57.4
64.9
59.7
1Factory and wai•ehouse
warehouse stO(*s.
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
April 1970
1969
1969
Annual
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
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 Ib
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 (IVlinneapolis)
$ per Ib
Soybean cake and meal:
Production
thous sh tons
Stocks (at oil mills) end of period
do
Soybean oil:
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of period
mil Ib
Exports (crude and rpfined)
do
Price wholesale (refined; N Y )
$ per Ib
Leaf:
1, 574. 9
135.1
2, 001. 9
74.9
215.9
167.5
201.0
163.5
175.0
192.5
155.0
215.5
106.8
179.4
69.6
155.0
57.0
99.2
74.9
64.9
221.5
61.4
229.9
79.0
240.0 ' 232. 0
74.9 ••83.6
217.8
109.4
1, 115. 1
1, 001. 5
909 6
1, 425. 8
1, 252. 1
889 7
155.8
130.4
66 1
145.6
119.8
66.0
127.3
119.9
74.7
112.4
109.4
69.7
80.4
94.0
88.6
50.3
72.2
62.4
37.2
54.9
64.9
51.0
61.1
64 9
156.3
106.2
82 9
161.4
110.9
83 5
161.9
129.0
95 7
••160.3
120.9
81.4
152.9
125.1
84.5
272 7
61 7
163
398 7
r 246 5
142
377.2
20 7
.140
430.0
9.5
.140
460.8
14.9
.140
466.2
12.8
.140
467.6
4.9
.140
439.7
23.2
.140
418.0
••6.9
.140
376.8
47
.140
372 8
43 4
140
383.9
56 1
.140
398.7 ' 371. 7
53.0
42.6
.163
373.0
52.2
306.6
195.6
291 8
193 9
26.4
15.1
24.8
16.9
20.8
17.1
22.0
18.3
21.6
18.2
12.8
17.0
16.1
17.0
39.5
16.2
31.2
17.1
26.7
13.8
23.0
'13. 7
24.2
14.7
157 2
127
128 8
125
158.1
119
164.2
.119
156.7
119
151.9
.119
131.4
.119
121.3
.119
113.1
.119
118.8
. 119
130.7
.119
132.0
.125
128.8 ••129.0
125
132.8
13,462.7 14, 717. 2 1, 033. 1
170.5
103 2
149 2
1,260.4
150.7
1,163.4
151.6
1,246.7
162.4
1,164.7
133.2
1,200.8
140.6
1,123.8
130.8
1,096.0
108.6
1,416.2
120.2
537 6
479.1
464.5
582 4
466.3
485.4
541 2
498.7
517.2
545 9
452.4
457.7
526 9
459. 4
480.8
511 8
489.3
513.5
660 3
513.0
531.2
657 6
526.2
527.7
663 7
560 8
551.9
664 2
533 0
531. 0
624 3
509.2
523.1
595.5
77.1
.107
623.5
43.2
.107
557.2
120.3
.107
563.3
••69.6
.107
552.5
'20.2
.099
415.4
90.9
.107
470.7
'45.3
.124
492.1
100.8
.126
517.2 '552 0
97 2
62 7
.118
556.5
46.2
r
19.5
13.9
1,418.6 1, 453. 6 ••1,432.4 1,339.8
139.4
103 2 ' 108 5 127.3
6 149 6
5,227 9
5, 401. 6
6 804 7
5 860 0
5 926 9
474 6
448.3
429.2
578 5
506.4
478.8
588.6
823 4
.103
r 761 1
517 2
517.7
19.1
.106
611.0
18.6
.106
1 1 710
1 1 803
4 959
579 106
213 402
4 224
12, 776
5 005
42 410
16, 870
39 586
17^092
66 505
17, 771
4 590
55 541
20, 465
43 536
16,864
43 134
18, 970
4,771
61 733
16,794
62 293
19, 992
74 688
20,902
4,959
77 312
14, 416
20 483
16, 738
28 225
17, 413
47, 118
53 846
523 007 510, 532
6,738
6 759
26, 510 ' 24, 970
3 009
41 538
498
1,525
3 820
40, 138
536
2,136
3 590
40 222
552
1,707
4 041
44,487
597
2,242
5 321
45, 249
576
2,958
5 009
41, 845
544
2,597
3,986
43,208
621
2,693
3,718
4,146
45,586 45, 768
604
715
1,962 ' 2, 089
3,702
38, 875
599
2,027
3,654
38, 036
412
2,329
3,874
42, 627
502
1,935
1,967
11 862
130
1,103
14 204
115
1,341
12 652 r 14 606
111
131
1,229 ' 1, 405
14 103
108
1,376
11 747
76
1,196
11 321
76
1,154
13, 751
92
1,440
4,400
655
800
4,000
1,971
426
110
r
r
r
T
TOBACCO
Stocks, dealers' and manufacturers' end of period
mil Ib
Imports incl scrap and stems
do
Manufactured:
Consumption (withdrawals):
Cigarettes (snu.ll):
Tax-exempt
Taxable
Cigars (large) taxable
Exports, cigarettes
millions
do
do
do
5 179
598 916
217, 708
r
r
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value total 9
Cattle hides
Imports:
Value, total 9
Sheep and lamb skins
Goat and kid skins
thous $
thous hides
thous $
thous pieces
do
Prices, wholesale, f.o.b. shipping point:
Calfskins packer heavy 9H/15 Ib
Hides steer heavy native over 53 Jb
128 679
2 212
12 636
152 446 3 g 852
100
1 652
3
897
14 778
78, 400
62 400
30 912 2 20 716
5 203 2 c 5 068
11 220
226
1,044
13 616 18 837 11 770
' 177
*228
171
1,062
1,300 ' 1, 852
4 200
617
178
6,300
1 195
763
11 200
5 951
683
8,000
4 107
473
5,600
1 646
694
6,200
2 121
358
4,800
1 575
'417
4,400
1 507
349
3,100
548
320
2,700
349
508
3,900
621
253
$ per Ib
do
555
112
561
146
.550
122
.650
135
650
178
.650
170
.600
148
575
148
575
146
.500
163
450
138
.450
136
.430
.139
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
4 247
24 033
6,764
31 413
3 381
22 041
5 856
25 224
356
1 882
527
2,183
293
1 955
450
2,189
312
1 987
500
2,330
347
1,966
521
2,520
288
1 845
491
2,327
203
1 558
455
1,791
215
1 853
'330
1,984
248
1 758
485
1,788
271
1 925
'539
1,925
265
1 688
543
2,030
261
1 634
431
1,822
292
1 665
531
1,803
Exports:
Upper and lining leather
thous sq ft
77 266
65, 802
3 090
8,239
7 330
6 248
5 666
7 671
6,226
4,119
4 561
5 299
5 657
6 063
Prices, wholesale, f.o.b. tannery:
Sole, bends light
index 1957-59—100
Upper, chrome calf, B and C grades
index, 1957-59-100
95 1
107.0
104 0
104.0
104 0
104.0
105 5
105.5
105 5
111 5
111 5
112 3
112.3
91.7
92.1
94.9
94.2
97.8
96.6
95.9
94.7
94.5
90.9
81.2
81.2
85.6
642 427
580 857
48 562
52, 868
48 901
48 271
47 571
43 066
49 718
47 631
52 979
43 237
44928 ' 47 697 47 314
526 580
105 437
8,331
2,079
461, 707
109, 065
8,423
1,742
39 997
7 846
*576
143
43,363
8,578
771
156
39 671
8 472
758
158
37 996
9 532
'597
146
37, 220
9 480
726
145
33, 711
8,776
475
104
38, 251
10 480
755
154
36, 302
10 364
825
140
40, 115
11 874
815
175
32, 970
9,407
714
146
37, 177 '39,553 39,043
6,828 ' 7, 299 7,387
715
'700
775
169
145
148
2,884
2,324
132
232
217
230
190
162
207
228
129.7
133.8
135.4
131.2
131 2
131 2
131.2
131.2
131.2
135.7
118.7
134.4
126 6
139.8
124.4
138.0
124.4
138.1
127 2
139 0
127.2
139.0
127.2
140.7
127 2
140.7
127 2
143.0
LEATHER MANUFACTURES
Shoes and slippers:
Production total J
thous pairs
Shoes, sandals, and play shoes, except athletic t
thous pairs
SlippersJ
do
Athletic J
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
3
127 2
137 8
c
' Revised.
Corrected.
Crop estimate for the year.
Annual total reflects revisions not distributed to the monthly data.
Revisions for Jan. 1969 exports (units as above): Total hides and skins, 8,976; cattle hides,
1
2
8
' 172
137. 1
128 7
142 3
189
221
137.1
137.1
128 7
142 0
128.7
139.7
974; upper and lining leather, 3,636.
9 Includes data for items not shown separately,
j Re visions for the months of 1968 will be shown later.
154
6,824
189
Mar.
SURVEY OF CURRENT BUSINESS
April 1970
1969
1969
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
Annual
S-31
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec. I Jan.
Feb.
2,876
699
2,177
2,736
550
2,186
2,856
608
2,248
2,805
617
2,188
2,925
728
2,197
2 699
569
2,130
2 633
692
1,941
2,647
608
2,039
Mar.
LUMBER AND PRODUCTS
LUMBER— ALL TYPES 9
National Forest Products Association:
Production, total
mil. bd. ft_
Hardwoods
__ _.
do
Softwoods
do _
Shipments total
Hardwoods
Softwoods
do
do
- _ _ do
_ .... --_
37,094 ^237,564
6,960 r 2 8, 001
30, 134
29,563
2,999
3,321
3,427
3,270
3,089
3,062
3,121
3,205
3,391
2,407
2,692
2,802
2,585
2,401
2,382
2,403
2,507
2,663
38, 052 ••237,403
7,762 r 2 8, 646
30,290
28, 757
3,062
3,355
3,345
3,325
3,081
2,990
3,048
3,111
3,335
2,332
2,577
2,657
2,580
2,360
2,296
2,314
2,420
2,612
592
730
629
778
685
625
745
688
688
721
680
694
718
734
698
728
723
691
do
do
do. _
5,086
5,491
5,118
5,162
5,246
5,194
5,218
5,354
5,430
5,444
5,426
4,172
4,740
4,294
4,414
4,543
4,540
4 582
4,713
4 794
4,777
4,733
5,434
718
4,716
5,491
751
4 740
5,748
753
4 995
5,929
828
5,101
do.. _
do .
1,143
6,087
2 1, 158
6 263
73
490
73
724
103
664
106
549
101
554
88
537
91
495
120
528
103
525
85
443
116
435
515
92
423
. . mil. bd. ft._
do. ._
9,047
7,811
486
530
809
668
818
696
704
612
542
577
439
697
526
600
487
659
476
776
495
556
433
685
486
591
468
628
474
do
do
do
8,802
8,804
955
8,250
8 146
1,010
775
659
846
810
743
757
1,001
1,118
1,147
687
609
1 088
628
622
1,094
do
__do
do
403
102
301
359
88
271
32
8
24
22
4
18
31
10
21
32
7
26
Stocks (gross) , mill, end of period, total
Hardwoods
Softwoods
_
Exports, total sawmill products
Imports, total sawmill products .
914
751
2
824
748
654
703
636
641
636
693
667
SOFTWOODS
Douglas fir:
Orders, new
- Orders, unfilled, end of period
Production.
_
Shipments
Stocks (gross), mill, end of period
Exports, total sawmill products. _.
Sawed timber .._
Boards, planks, scantlings, etc
822
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft._
Flooring, C and better, F. G., I" x 4", R. L.
$ p e r M bd. ft._
664
619
703
774
1,074
661
679
622
610
1 055
1,067
1 073
1,084
1,013
619
618
1,014
628
632
1 010
33
10
22
28
4
24
31
7
23
35
9
25
37
9
28
19
4
15
37
3
29
645
639
681
670
34
7
27
107. 85
113. 52
137. 49
147. 11
140. 41
125. 96
109.95
95.71
95.08
94.61
94.28
96.15
95.37
166. 36
212. 59
195. 55
208.29
213. 84
215.44
213. 07 '218. 84
215.44
215. 44
222. 46
225.60
227. 24
mil. bd. ft
do. __
7,145
7,336
324
724
487
722
505
579
415
559
355
528
320
573
303
625
330
617
334
671
331
585
339
505
324
502
322
512
329
Production
do
Shipments
do . _
Stocks (gross), mill and concentration yards, end
of period
.mil. bd. ft
6,870
7,030
7,645
7,434
634
645
670
704
701
669
666
619
651
563
642
590
607
598
594
613
671
674
576
577
552
520
^74.
504
552
505
Southern pine:
Orders, new
Orders, unfilled, end of period
Exports, total sawmill products
422
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_.
1,137
1,348
1,145
1,111
1,143
90,477
2 75,687
1,524
9,367
7,699
119.0
132.0
139.9
148.4
113.0
127.0
125.6
128.9
10, 881
9,592
539
364
731
564
864
530
10 851
10,900
10 000
9,768
807
783
922
899
1,317
1,316
1 348
i 410
1 465
6, 718
5,821
8,597
7 359
5 976
116.8
115 4
113.6
112.5
124.9
126 8
128.3
129.2
818
443
867
438
884
430
674
385
723
364
637
399
680
407
849
834
849
811
913
872
900
892
702
719
744
744
668
602
704
672
1,557
1,595
1,636
1,644
1,627
1,627
1,693
76 02
77.83
86.00
1,190
1 278
1,330
1 339
1 320
9, 086
6,882
5,764
5,947
7,615
149.8
149 2
143.9
134.9
126 2
130 2
130 2
128.7
125.4
124 9
769
452
839
416
794
389
881
391
908
847
904
875
800
821
r
r
1,396
1,627
1,450
1,473
1,534
1,563
1,542
87.72
107. 18
129. 86
145. 12
163.54
145. 05
110. 28
82.19
79.64
74.90
496.5
23.9
380.6
12.0
34.1
24.6
31.2
21.8
27 4
17.5
29 2
14 1
30 1
12.7
38 7
16.8
33 6
14.9
32 8
15 1
36 7
16 6
24 2
13.2
24.1
12.0
21.6
10.5
21.2
9.8
459.3
485 1
23 5
393.1
387.8
29 6
32.6
33.3
25 4
33.9
34 0
25 3
35 4
32 9
27 8
33 0
32 4
27 7
31 2
31 6
26 3
29 7
34 1
22 o
31 8
35 0
20 1
32 1
32 3
19 9
36 8
34 8
01 n
28 2
26 9
23 2
29.8
23 9
29 6
29.3
23.0
35 2
24.8
20.5
38 5
470
450
1 054
1 025
639
1
636
842
7
693
736
27
654
792
27
690
539
31
1 139
781
20
4
697
29
6
1,725
HARDWOOD FLOORING
Oak:
Orders, new
Orders, unfilled, end of period... _
Production
Shipments
Stocks (gross) mill end of period
mil. bd. ft
do
do
do
do
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 .
2 170
6 572
11
do
do
do
17 960
327
799
2
5 229
9 176
173
233
(i)
441
529
1
349
754
2
411
826
353
898
1
471
797
2
14 034
568
25
6
876
31
22
1 505
1 727
' 37
1 432
42
34
1 249
' 24
40
1 311
1 297
41
63
76
1 412
1 oog
412
417
26
39
41
40
049
708
369
448
4 334
3 051
7 439
7 467
4 857
3*416
8 311
7*454
4 798
3 318
8 054
7 520
4 790
3 205
8 177
7 369
4 661
3*037
7 835
7 216
4 499
2*795
7* 320
7 204
4 510
2*799
7 506
7 015
4 808
2*940
7 874
6 917
5 035
3 366
8 464
6*876
4 625
2 928
7 943
6 532
29 10
31.00
29 20
30.00
44
40
22
I
1 200
(i\
ro
29
43
29
46
Iron and Steel Scrap
Production
Receipts, net t
Consumption
Stocks, end of period
__
thous. sh. tons
do
do
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig ton
Pittsburgh district
do..
2
2
2
53 545
33, 587
87 060
7*882
56
36
94
6
29 76
25 06
27 35 26 38
25 33
27.00
29.00
32.00
28.00
27! oo
Revised.
» Preliminary.
i Less than 500 tons.
2 Annual total reflects revisions
not distributed to the monthly data.
9 Totals include data for types of lumber not shown separately.
r
4
2
7
6
662
980
742
448
33 12
32 13 34 30
34 18
37.00
34.00
34.00
35.00
i Receipts previously shown for the period Apr. 1967-Sept. 1969 have been corrected to
represent net receipts (i.e., less scrap shipped, transferred, or otherwise disposed of during the
period); data comparable with the net receipts shown through Mar. 1967 appear in the Feb.
e
1970 SURVEY, p. S-31.
Corrected.
28 32
3o!oo
31 82
34.00
SURVEY OF CURRENT BUSINESS
S-32
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
| 1969
Annual
April 1970
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous Ig tons
Shipments from mines
do
Imports
__.
do
85 865
182 531
43, 941
89 241
91 848
40 758
4 967
2 043
1 673
5 884
2 456
1 521
6 104
5 297
2 856
9 514
10 491
3 426
9 693
11 563
2 906
9 611
12 052
4 018
9 710
12 075
3 706
8 893
11 116
5 188
8 596
10 221
6 002
7 490
3 997
5 327
4 824
4 072
5 353
2 658
2 189
2,307
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants .
do
Consumption at iron and steel plants
do
Exports
_
do
118, 581
120 449
5 937
126 165
128 550
5 430
3 291
9 881
4 602
11 144
7 281
11 013
12 519
10 751
15 335
10 385
14 510
10 404
15 157
10 342
15 001
11 244
162
13 330
11 396
11 928
10 762
9 832
11 083
328
417
4 012
10 482
*334
3,880
9 562
315
303 r 63 777
652 21 725
003 r 40 033
648
2 019
60 000
25 153
33' 416
1 431
56 765
26 105
29* 683
57 742 57 602
25 127 23 267
3l' 617 33 410
977
998
68
13
52
2
67
13
51
2
303
652
003
648
63
16
44
2
Stocks, total, end of period
At mines
At furnace yards- _
At U.S. docks
_ _
do
do
do
do
M anganese (mn . content) , general imports
72
15
53
2
do
019
990
232
797
67
13
51
2
436
656
523
675
807
345
466
925
60 484
20 820
38 397
1 267
62 505
18 454
42 515
1*536
65 523
16 245
47 331
1 947
68
14
51
2
512
918
088
506
K
719
341
047
141
254
652
147
170
488
489
38 814
2,223
45
953
1 124
40
60
126
81
69
95
105
122
94
117
123
106
88, 780
89 953
2,342
95 015
94 486
1,715
7 225
7 290
2 063
8 196
8 238
1 971
8 150
8 083
1 933
8 414
8 282
1,864
8 055
7 896
1*932
7,836
7 680
1,991
7 699
7 742
1 894
7 739
7 732
1,' 828
8 292
8 253
1,760
7 955
7 923
1,720
8 132
7 965
1 715
7 668
62.70
63.00
63. 50
63.78
64 00
64 33
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
63.15
63 00
63.50
65 20
65 50
63 50
65 20
65 50
66 00
65.20
65 50
66 00
65.20
65 50
66.00
65 20
65 50
66 00
r I 091
1 019
1 288
1 023
1 376
993
1 391
1 032
1 353
1 019
1 361
1 097
1 192
1 144
1 286
1 143
1 402
1 150
1 498
1 096 r i 091
1 260 r 1 273
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons
Consumption
. ___
do
Stocks, end of period.
thous. sh. tons
Prices:
Composite
_
$ per Ig. ton
Basic (furnace).
do
Foundry. No. 2, Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of period
thous. sh. tons
Shipments, total
_ _ _ . . do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of period
thous. sh, tons
Shipments, total
do
For sale
do
1
8
923
15, 034
8 710
' 15 935
r 9 igy
718
774
778
815
720
756
811
886
735
r
1 102
r H7
r 1 155
663
142
102
55
129
110
59
130
105
60
127
97
54
119
96
54
143
80
50
141
93
56
130
97
58
121
103
64
115
79
49
r H7
r 82
588
141 069
145 2
10 915
146 5
12 400
150 3
12 143
152 1
12 356
149 8
11 810
147 9
11 365
137 8
11 421
138 4
11 523
144 3
12 324
149 4
11 916
149 3
11 812
143 2
137
r
1 080
l' 248
716
r
677
108
81
48
4.7
Steel, Raw and Semifinished
Steel (raw):
Production
.
__ _ .
thous sh tons
Index
daily average 1957-59—100
Steel castings:
Orders, unfilled, for sale, end of period
thous. sh. tons
Shipments, total - _ _
do
For sale, total
do
1 131 462
135 0
11 243 J>10 438
136 3 P 140 1
371
r 446
T i 583
432
163
138
430
169
145
442
168
140
453
172
135
457
161
134
455
156
129
462
135
112
433
153
127
420
167
138
430
151
128
r 446
1 731
1 437
r 152
r 125
315
156
130
1 gj 856
i 93 g77
7 092
8 1^9
8 269
8 304
7 971
7 629
7 710
7 896
8 400
7 560
7 654
8 538
514
532
709
165
494
533
734
156
520
551
756
140
450
532
749
130
466
552
729
102
527
495
630
104
582
526
655
104
604
554
719
108
649
528
653
105
704
519
662
131
610
523
697
128
1 216
1 285
1 229
1 145
1 174
1 194
1 307
1 157
1 146
1 126
3 251
1 107
1 358
3 284
1 093
1 398
3 624
1 245
1 5?6
3 185
1 112
1 337
2 964
1 015
1 260
1 276
3 351
1 170
1 422
4 468 2 i 581
2
2,789
911
2
432
1 216
2
1
727
4 481
2 1 421
2 800
2376
2 1 430
2 1 484 2 1 468
2
800
2878
2
2
362
376
2 1 270 2 i 501
258
496
561
2 472
2 242
2
456
2 500
2 2 336
2273
2473
2 647
2 2 266
9 8
56
5 7
r 1 900
Steel Mill Products
Steel products, net shipments:
Total (all grades)
thous sh
By product:
Semifinished products
Structural shapes (heavy), steel piling
Plates
Rails and accessories ._
Bars and tool steel, total, ..
Bars: Hot rolled (incl. light shapes)
Reinforcing _
Cold
finished
Pipe and tubing
_
Wire and wire products
Tin mill products..- „__
Sheets and strip (incl. electrical), total
Sheets: Hot rolled. . _ _
Cold rolled
By market (quarterly shipments) :
Service centers and distributors
Construction, incl. maintenance ...
Contractors' products..
Automotive
Rail transportation .
Machinery, industrial equip., tools..
Containers, packaging, ship, materials
Other
tons
do
do
do
do
4 821
6 149
8 401
1 462
6 373
6 244
8 238
1 514
453
462
623
142
do
do
do
do
do
do
do
do
do
do
13 660
8 497
3 241
1 815
10 078
3 393
7 267
36 624
10 782
16 336
14 354
8 659
3 659
1 923
9 232
3 256
6 555
38 111
12 471
16 427
1,052
do
do
dodo
do
do
do
do
Steel mill products, inventories, end of period:
Consumers' (manufacturers only) mil sh tons
Receipts during period..
do
Consumption during period
do
678
213
152
732
239
497
2,892
914
1 294
776
263
167
1 017
286
576
3 185
968
1 419
i ig 099 i 17 656
1
12 195 i 11 285
4
4 922
14 764
i 19 269 ilg 291
4 021
2 720
1 142
4 828
1
3 048
1
5 469
i 7 902
1
22 952
1,401
1 741
5 783
i 3 358
i 5 702
i 7 144
125 677
1,304
795
320
178
930
303
553
3,263
1,034
1,448
758
352
165
842
284
575
3 352
1 056
1 482
716
337
167
848
293
563
3,177
1 080
1 312
669
325
143
759
252
582
3 042
1 013
1 283
681
334
150
691
271
567
4 656
3 262
1,258
4 587
943
916
790
342
164
694
312
518
701
320
162
702
27Q
571
2
2
2
721
1,542
1 862
6 435
1 333
1 838
6 388
2
701
297
149
598
237
449
703
291
142
699
230
598
7 242
718
244
155
594
235
2
2
2
2
2 1 431
2 833
2
353
2 1 181
297
507
1 298
2 291
2 302
2496
2
384
2 2, 262
10 2
6 4
6 0
10 3
5 8
5 7
10 5
70 1
68 7
9 8
69 3
7fl n
10.1
5.8
10 1
6 1
6 1
10. 1
57
6 2
10 1
6 0
6 0
98
56
59
10 0
5 2
5 0
10 0
53
53
98
59
6 1
10 0
6 4
6 2
9 8
5 6
5 7
6 3
6 0
5 6
5 5
5.8
5 6
5 7
58
61
59
58
5 9
6 0
6 3
6 3
9 9
9 0
11 7
10 1
9 5
10 3
9 5
10 3
96
10 4
95
10 5
9 5
10 8
96
11 0
9 5
11 0
9 e
11 0
9 6
11 3
9 Q
11 7
10 2
11 7
11 4
9 3
Steel (carbon), finished, composite price. $ per Ib
.0908
.0903
.0873
.0917
.0891
.0903
.0908
1
2
• Revised.
» Preliminary.
Annual total; monthly revisions are not available.
For month shown.
1
For eleven months.
.0931
.0933
.0933
.0933
.0933
.0933
Service centers (warehouses)
do
Producing mills:
In process (ingots, semifinished etc )
do
Finished (sheets, plates bars pipe etc ) do
1A 0
6.2
r9 2
Mar.
SURVEY OF CUERENT BUSINESS
April 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
Annual
S-33
Feb.
Apr.
Mar.
June
May
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
METALS AND MANUFACTURES—Continued
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
Exports 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 products, shipments:
Ingot and mill products (net) §
Mill products total §
Plate and sheet (excluding foil)
CastingsA
mil Ib
do
do
do
Copper:
Production:
Ivline recoverable copper
thous sh tons
Refinery, primary
do
From domestic ores
do
From foreign ores
do
Secondary recovered as refined
do
3, 793. 1
958.0
286.1
77.0
317.2
77.0
309.4
91.0
323.8
90.0
313.0
88.0
321.2
71.0
318.0
76.0
313.0
77.0
326.9
83.0
318.7
79.0
332.2
72.0
334.7
66.0
305.2
685.2
61.8
180.3
468.6
57.2
344.4
45.1
4.8
7.9
49.2
5.7
12.1
57.9
7.0
31.8
42.1
5.6
23.7
41.1
5.4
24.5
41.4
5.7
38.1
37.4
4.3
34.9
35.6
4.4
43.1
32.9
4.4
43.9
28.6
3.9
31.6
26.9
4.5
41.1
35.3
7.1
49.5
40.4
.8
50.2
70.9
.2557
43.0
.2718
52.9
.2700
54.6
.2700
51.0
.2700
45.0
.2700
43.4
.2700
45.6
.2700
53.0
.2700
42.8
.2700
44.9
.2765
51.0
.2800
43.0
.2800
52.3
.2800
.2800
907.6
659.3
317.9
151. 9 '
909.4
651.4
312.1
151. 6
873.6
626.9
302.4
114. 0
849.5
606.5
297.5
130.4
933.3
640.7
300.7
142.7
932.5
647.5
300.7
157.3
849.2
586.2
277.4
130.7
' 911. 7
r 630. 9
' 314. 6
129.7
828.2
582.9
272.4
140.6
140.4
18.6
41.4
136.3
148.6
131.4
17.2
37.5
132.7
140.1
120.9
19.3
37.7
3, 255. 0
1925.0
9,864.8
7,170.0
3, 404. 6
1, 588. 2
880.8
'10,790.2
r
637.7
7, 670. 1
322.0
••3,712.1
1, 698. 1 ••144.5
T
931.5
687.5
337.4
' 146. 7 '
928.8
656.6
321.5
142. 0
r
1, 204. 6
1, 437. 4
1, 160. 9
276.5
400.9
1, 558. 0
1, 742. 8
1, 468. 9
273.9
465.6
118.6
131.2
115.4
15.8
32.0
132.9
155.3
126.5
28.8
37.9
135.6
149.3
124.3
25.0
36.4
128.6
151.0
127.3
23.7
36.8
129.3
141.8
118.2
23.6
40.5
123.2
134.5
113.5
21.0
37.5
125.2
130.4
108.9
21.4
39.1
127.7
133.6
111.4
22.2
40.6
140.6
157.1
127.5
29.5
44.9
140.0
145.6
123.9
21.7
41.0
716.7
405.4
415.1
131.1
37.4
6.4
39.5
10.9
40.8
11.0
44.2
13.7
32.5
15.9
33.7
8.5
36.3
9.4
38.3
7.2
32.9
12.3
36.3
15.8
31.5
11.8
24.5
11.7
25.9
6.8
360.8
240.7
286.2
200.3
18.2
14.6
31.6
24.0
27.7
19.0
24.0
15.7
23.7
17.0
23.2
16.3
28.9
18.5
28.1
17.9
23.8
15.6
21.2
13.7
20.0
14.9
25.1
18.6
30.3
20.0
1,876.4
Consumption, refined (by mills, etc.)
do
171.5
Stocks, refined, end of period
do
114.9
Fabricators'
do
Price, electrolytic (wirebars), dom., delivered}: 2
.4225
$ per lb_-
2, 145. 0
170.3
124.4
174.8
179.1
105.2
180.3
165.9
103.5
187.0
153.8
106.6
183.6
152.3
108.5
194.1
138.8
104.1
141.7
164.5
122.7
167.5
159.4
115.8
180.1
138.9
92.5
194.7
150.2
95.1
181.1
162.9
106.7
180.5 p 170. 1 P 186. 6
170.3 'p 175.1 p 176. 4
124.4 'Pl23. 1 P118. 2
.4793
.4423
.4479
.4495
.4589
.4642
.4645
.4832
.5176
.5248
.5252
.5289
Imports (general):
Refined, unrefined, scrap (copper cont.).. do
Refined
do
Exports:
Refined and scrap
do
Refined
do
Copper-base mill and foundry products, shipments
(quarterly total):
Brass mill products
mil Ib
Copper wire mill products (copper cont ) do
Brass and bronze foundry products
do
r 159. 0
.5625
i565
2,757
2,364
••791
3,111
2,588
••853
359.2
550. 9
501.9
604.2
35.2
49.3
39.1
53.8
42.6
50.9
44.2
49.7
45.5
50.1
44.7
44.1
45.5
48.8
43.5
53.0
41.7
55.4
41.3
49.8
41.4
49.2
47.8
46.7
424.6
1,328.8
389.6
1, 375. 2
26.3
104.8
36.5
116.5
47.1
114.4
32.1
115.9
34.6
114.6
38.1
100.5
36.6
111.7
25.1
122.5
37.5
130.5
28.2
112.1
28.5
116.7
28.2
114.6
36.2
146.8
165.7
143.5
134.0
136.7
135.5
135.0
150.1
160.7
171.0
176.1
172.3
165.7
158.0
162.7
15.3
88.9
25.5
' 151. 0
10.1
87.9
11.2
105.7
12.9
121.3
18.7
127.6
18.1
135.6
15.0
142.4
15.3
145.1
17.7
146.6
20.5
141.3
25.5
22.7
148.4 r 151. 0
30.5
147.4
57.8
.1321
'64.9
.1490
54.5
.1400
56.4
.1400
55.2
.1440
54.3
.1450
51.6
.1486
55.9
.1545
59.0
.1550
61.3
.1550
59.2
.1550
57.9
.1559
'64.9
.1603
74.7
.1650
.1650
Ig tons
do
do
do
do
do
3,266
57, 358
122,495
i 2, 978
81, 961
58,859
0
54, 950
23, 030
3,000
80, 571
57,816
0
6,524
1,875
225
6,330
4,585
0
5,218
1,970
255
6,755
4,890
0
6,590
2,120
235
7,250
5,145
0
7,177
1,935
275
7,130
5,075
0
4,544
1,980
270
6,905
4,965
0
3,607
1,710
250
6,435
4,870
0
4,738
1,775
260
6,455
4,665
0
4,805
1,895
195
6,625
4,695
0
5,312
2,140
285
7,105
4,925
0
3,975
1,895
255
6,110
4,360
0
4,141
1,770
270
6,210
4,430
0
5,358
0
2,731
6,345
4,565
do
- .do
$ perlb_.
5,027
18, 534
1. 4811
3,217
13, 830
1. 6444
198
13,810
1. 6518
244
15,515
1. 5552
137
15, 635
1. 5681
154
14, 940
1. 5667
581
15, 325
1. 5900
124
14, 680
1. 6200
83
13,645
1. 6590
270
16,045
1.6564
143
320
16,245 14, 808
1. 6671 1. 7596
852
13, 830
1. 8132
448
13, 655
1. 7917
£<nc:
Mine production, recoverable zinc
thous. sh. tons__
Imports (general):
Ores (zinc content) _
do
Metal (slab, blocks)
do
529.4
544.1
42.7
44.5
47.4
47.3
46.4
45.1
46.5
46.5
44.6
44.7
44.7
44.7
25.6
Lead:
Production:
Mine, 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), ABMS
thous. sh. tons_Refiners' (primary), refined and antimonial
(lead content)
thous sh tons
Consumers' (lead content) cf1
do
Scrap (lead-base, purchased), all smelters
(gross weight)
thous sh tons
Price, common grade (N.Y.)
$ per lb_-
Tin:
Imports (for consumption) :
Ore (tin content)
Bars, pigs, etc
Recovery from scrap, total (tin cont.)
As metal
Consumption pig total
Primary
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of period
Price, pig, Straits (N.Y.), prompt
Consumption (recoverable zinc content):
Ores
Scrap all types
do
do
1
T
832
671
'220
831
617
221
*.565
731
624
••208
717
676
203
46.5
546.4
305.5
602.1
324.7
43.6
22.7
43.1
28.4
37.6
29.8
59.6
32.1
71.6
25.9
49.4
32.8
47.1
27.6
50.9
31.4
57.0
25.7
53.0
23.8
40.3
27.8
i 124.1
i 270. 6
133.7
232.8
9.3
18.8
10.1
19.7
10.8
19.3
11.9
19.7
10.7
19.0
10.0
18.6
10.3
19.0
12.3
19.2
13.0
20.4
12.2
20.0
12.3
20.1
7.5
18.9
93.7
5.7
117.8
.2
92.7
5.0
115.8
.4
91.4
4.6
102.7
.2
88.6
4.8
110.8
2.2
90.0
4.6
116.0
.7
88.0
6.5
122.0
.4
86.6
6.2
103.0
.1
85.0
5.5
97.3
(3)
87.4
5.2
97.4
(3)
Slab zinc:
Production (primary smelter), from domestic
92.5
86.6
and foreign ores
thous sh tons
11,020.9 1,083.6
94.5
5.3
Secondary (redistilled) production
do
65.7
5.3
179.9
6.1
Consumption, fabricators'
do
117.8
113.8
11,333.7 1, 362. 9
126.8
.1
Exports..do
4.9
9.3
33.0
(3)
Stocks, end of period:
Producers', at smelter (AZI)O
do
42.9
78.3
63.1
42.7
48.8
Consumers'
do
97.3
102.4
94.5
99.3
94.6
Price, Prime Western (East St. Louis). $ per lb_.
.1400
.1460
.1400
.1400
.1350
r
Revised.
» Preliminary.3
1 Annual total; rnonthly revisions are not availab e.
2
Average for Apr.-Dec.
Less than 50 tons.
Beginnir ig Feb. 1970, the n 3W MET ALS
I^EEK price (based on mine production rates and k nown sel ling price 3 Of U.S produce rs
y/kly) is not comparable with prices for earlier monthj3.
§For revised 1968 monthly data, see Feb. 1970 SuBVEY, p. I 3-32.
ARevised data follow (mil. Ib.): 1966—1,592.3; 196 7—1,464.5 1968—Jari.-Dec., 137.4; 141 •2;
r
48.3
.2800
.1650
808
1. 7491
1.7712
45.2
21.7
(3)
94.6
109.2
78.3
37.9
61.4
38. 1
43.7
51.1
45.9
48.6
123.2
87.8
94.5
97.9
101.8
109.0
99.1
93.5
104.0
105.7
.1550
.1550
.1550
.1550
.1450
.1450
.1450
.1450
.1550
.1550
.1486
142.5; 137.0; 14 3.5; 124.3; 102.1; 1 L7.9: 124. 6; 147.7; L36.6; 133 .5; 1969--Jan., 156 .6.
JPiices shoANJ\ are a\rerages o ' deliver* d prices average differen tial betw een the clelivered
and t he refinery price i s 0.400 ce nts per 1b. throu^;h 1969 and 0.500 3ents the reafter.
cfCConsume rs' and s econdary smelter 3' lead st ocks in i-efinery s hapes arid in cop per-base
scrap
OI^oducen>' stocks t,lsewherc , end of !Vlar. 1970 , 15,200 1ons.
SURVEY OF CURRENT BUSINESS
S-34
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
| 1969
1970
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June 1 July
Aug.
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
METALS AND MANUFACTURES—Continued
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and convectors, shipments:
Cast-iron
mil sq. 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
279.2
5.3
78.5
.6
6.4
.6
6.3
.3
5.1
.3
5.7
.4
6.6
.3
5.8
.4
7.0
.6
7.9
.6
9.0
.4
5.9
.3
5.1
.3
677.7
29.5
665.3
50.1
28.2
52.5
29.3
51.7
28.2
46.0
21.2
52.2
27.9
40.3
30.5
63.1
28.3
66.1
23.7
73.6
19.7
52.9
18.2
'57.0
48.5
2, 274. 2
206.1
2, 471. 1
198 7
191.7
16.6
226.3
18.7
197.3
15.5
203.0
17.0
213.3
17.8
169.0
15.6
221.2
15.8
230.3
18.3
237.9
17 7
201.8
14.8
199.6
16.2
1, 362. 9 '1,361.6
'968 3
967 0
61.4
32.1
83.4
51.5
80.4
51.8
85.9
60.7
98.2
68.6
128.5
95.7
176.4
133.5
172.0
132.1
189.4
143.8
133.4
102.0
'79.3
'52.6
1, 727. 1 ' 1,898. 8
1 372 0 1 531 6
2, 705. 9 2 784 7
136.6
112.5
231.9
142.1
116.6
244.7
133.0
110.7
270.1
143.9
120.2
227.7
147.8
120.3
210.8
154.1
124.7
208.2
172.3
136.3
205.5
202.3
153.9
233.0
218.9
170 7
249 8
153.2 ' 146. 9
121.7
121.4
210.4
246.3
71.2
37.8
157.5
131.0
MACHINERY 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 fexc. for hot rolling steel)
do
Material handling equipment (industrial):
Orders (new) index seas adj
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:
Orders, new (net), total
Domestic
Shipments, total
Domestic
Order backlog, end of period
Metal forming type tools:
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 $
270 3
366 1
325.1
328 0
628 5
310 2
268 6
419 7
469 1
318 3
273 0
307 2
242 4
499 0
1 121. 2
i 12.1
»64.6
1 113. 1
U6. 4
J58.3
12.0
.5
3.8
12.4
1.1
6.7
17.0
1.9
9.8
9.7
.6
6.6
10.4
.8
6.9
8.4
1.2
4.7
6.4
.3
4.0
5.9
1.6
2.2
6.7
.6
3.1
9.5
5.8
1.8
6.6
.8
3.4
12.2
.7
3.2
220.4
246.8
8 271. 3
10 753
12 243
14 579
14,903
1,081
1,046
1 248
1 267
1,221
1,284
1,394
1,257
1,336
1,205
1,037
1,494
1,041
900
1,282
1,352
1 348
1 391
1,069
1,282
1 406
1,399
1,000
1,407
1,305
1,220
42 601
50 446
3,850
4 257
3,958
5,137
4,223
3,777
4,074
4,429
4 220
4,010
4 328
4,135
3,643
1, 079. 35
959 90
1, 358. 30
1 238 30
809 6
1, 195. 30
1 032.65
1 192.45
1 077.45
812.4
93.15
83.15
97.70
90.60
809.8
115. 90
100 85
105. 30
94 70
820 4
182. 35
173. 60
101. 10
91.95
901.6
113.20
99.05
98.45
88.90
916.4
112.70
99.90
12220
112.40
906.9
87.35
70.00
83.85
75.05
910.4
66.70
56.45
74.05
63 15
903.0
82.00
58.50
108.40
96.65
876.6
89.00
77.40
104.60
94 00
861.0
78.95
67.55
92.20
83 90
847 8
82.80
70.20
118.15
103.35
812.4
' 92. 25
' 78. 60
' 93. 85
'84 35
' 810. 8
62.20
52.00
86.95
74.30
786.1
394.75
360 55
368 60
324.45
254.5
533. 45
484 35
405. 10
369. 30
382.8
45.70
43.10
32.80
28.70
275.4
45 75
40 70
33 55
30.85
287.6
90.20
86.95
29.05
25.70
348.7
55.70
52.75
31.95
29.50
372.5
49.70
45 60
40.00
35.85
382.2
40.65
37 10
27.90
26.25
394.9
38. 60
33 30
30.70
28.05
402.8
27.70
23.95
34.85
32.80
395.7
45.00
36 25
43.20
40.40
397.5
31.90
27 70
39 20
34 15
390.2
26.25
24.20
33.60
31.20
382.8
'22.30
' 18 70
'40 70
' 38. 65
'364.4
29.30
27.85
38.95
34.85
354.8
*453 4
68 4
490 2
178 0
147 2
45.1
134 8
53 5
1
502. 6
617 6
167 0
173 0
!39 1
138 5
* 938. 4
874 1
222.5
247.5
175.6
228 5
363.5
320.2
228 3
236.7
r
i 1,211.3 1 148 7
235. 2
' 262. 9 ' 269. 2
r
240. 2 ' 242. 1 ' 227. 1 ' 220. 2
r
6.9
1.3
2.4
249 1 ' 226. 8 ' 257. 2 « 224. 1
100 8
30 5
107 4
49 0
r
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)
do
Dryers (gas and electric), sales (domestic and
export) .
thous
Radio sets, production©
do
Television sets (incl. combination), prod. 6. -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 1-200 hp
mil $
D.C. motors and generators 1-200 hp
do
34 960 r 37 028
2,680
2 329
2 094
9 306 8
2 342 3 T 196 1
208 0
212 9
165 6
6 653 1
4519 8
181 0
7 133. 7
4 421 5
205 1
551.6
362 3
210 2
666.4
377 5
219 7
602.5
332 8
2 861 8
3 022 5
247.7
237 2
173.3
146.1
22 566
11,794
20 549
11, 270
1,714
1,002
2,085
* 1,235
1,532
865
1693 1
770 7
60 6
68 1
64 4
206
217
96 6
49 5
5 109 3
51 9
5
4
2 485
194 2
200 6
209 2
195 2
212.2
515.9
332.9
207 3
514.6
381 5
196 6
499 6
395 4
125 0
562.8
417 9
190 0
220.9
276.1
1,534 4* 1 860
845
1, 070
1,239
614
1,827
877
51 8
63 5
64 5
69 5
236
210
5
87
4 2
58 9
48
3 074
2 324
1,950
8
99
42
5
98
56
5
95
5.3
4 486
3 853 '3 973 3 877
194 6
242 2
144 6
153 5
120 2
142 8
194 1
765 0
433 5
201 8
728 7
462 8
98 6
645 0
290 8
113 3
520 9
277 1
131.5
565.1
242.4
194 9
303.2
350 4
394.6
268 2
243 6
203.7
219.4
2 211
1, 167
1 838
984
1 504
888
14 437
764
1,369
704
1,240
782
71 2
69 3
61 1
69 7
63 1
59 8
5
81
4.8
•8.7
3.8
889
16
'718
17
4 Oil
4
4
r
4
88
4.8
58 0
38
* 1, 632
*895
210
213
5
3,281
s 10 3
4 0
s 10 3
4 4
5
81
36
5
88
35
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons_. 11, 461
10,800
1,014
900
1,038
Exports
do
14
'627
18
518
39
Price, wholesale, chestnut, f.o.b. car at mine
$ per sh. ton.. 13. 813
15. 100 15.002 15.002 14. 708
Bituminous:
Production
thous. sh. tons__ 545, 245 556, 051 41,994 44,397 46,860
2
' Revised.
1 Revised total;
monthly revisions are not available.
Total for 11 months.
3
4
For month shown.
Data cover 5 weeks; other periods, 4 weeks.
* Excludes
orders for motors 1-20 hp.; domestic sales of this class in 1969 totaled $117.2mil.; 1970—Jan.,
$8.9 mil.; Feb., $9.1 mil.
« Revised data, Jan.-Dec. (1957-59=100): 1967—213.0; 183.7; 184.0;
926
76
880
59
807
'47
952
111
873
41
866
70
736
63
891
70
14.220
14.220
14. 778
14. 778
15.268
15.268
15. 758
16. 248
665
49,313 43,877 35,700 47,944 48,788 53,532 45,337 50,666 '43,000 43,885 48,200
216.7; 165.6; 204.9; 184.5; 216.3; 201.7; 189.1; 227.3; 190.2; 1968—193.4; 192.6; 255.3; 219.7; 216.6;
186.3; 271.4; 201.8; 224.3; 218.4; 240.3; 234.8; 1969—Jan., 250.2.
ORadio production comprises table, portable battery, auto, and clock models; television
sets cover monochrome and color units.
SURVEY OF CURRENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
S-35
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
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
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 _
Retail dealers.
_
do
Exports.
_ _ _
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
Spersh. ton_.
Domestic, large sizes, f.o.b. mine
do
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§_._
Stocks, end of period:
Oven-coke plants, total.
At furnace plants
At merchant plants __ _
Petroleum coke. __
Exports..
_
thous. sh. tons..
do
_ _ do
498, 830 ' 507,533 42,268
294, 739 ' 308,607 24,771
188, 460 185, 983 15, 490
90, 765 ' 93, 037 6,971
44, 410
26,304
16, 594
7,665
38,584
22,383
15,643
7,652
39,004
23, 142
15,452
7,954
39,466
24,391
14,709
7,743
42, 074
27, 173
14, 418
7,833
41, 828
26, 794
14,456
7,840
39,691
24,544
14,360
7,714
41, 794
25, 226
15, 449
8,091
42,626 ' 47, 267 48, 307
25, 881 ' 28, 957 30, 167
15,587 16,906 16, 405
7,772
7,768 ' 8, 154
15, 224
12, 667
2,007
1,509
530
374
335
442
538
748
1, 075
85,525
64,168
21, 169
9,537
81, 779
' 60, 597
19, 701
8,962
76,056
57, 018
18,913
8,222
72, 416
54,762
17,569
7,422
77,054
58,267
18, 699
8,001
82,084
62,097
19,875
8,743
82,763
62,297
20,316
8,822
74, 397
56,758
17, 480
6,470
75,128
56, 975
17,980
6,618
78,769
59,046
19,502
7,338
83,545
62,328
20, 996
8,376
188
184
125
85
88
112
150
159
173
221
221
211
184
50,636
'56,234
2,939
2,680
4,503
6,010
5,712
4,836
4,927
4,882
'5,496
5,751
4,843
5.397
6.944
6.052
7.487
5.804
7.456
5.804
7.456
5.847
6.988
5.897
6.988
5.932
7.081
6.068
7.343
6.068
7.414
6.068
7.529
6.342
7.836
6.470
8.086
6.514
8.207
775
710
62, 878 '64,014
19,038
20, 574
42
4,873
1,482
52
5,297
1,675
60
5,312
1,674
53
5,523
1,689
53
5,347
1,771
47
5,387
1,811
70
5,412
1,752
76
5,274
1,734
69
5,552
1,795
81
63
5,333 ' 5, 570
1,827
1,881
69
5,332
3,032
2,946
86
1,122
1,390
1,735
84,662 81, 779
63,433 '60,597
21,018 19, 701
8,962
8,807
52, 768
5,985
5,637
348
1,239
792
3,120
3,020
99
1,040
' 1, 629
5,565
5,278
286
1,299
77
5,019
4,796
223
1,261
157
4,507
4,310
197
1,309
148
4,162
3,969
193
1,318
130
3,896
3,729
167
1,382
178
3,787
3,594
193
1,314
181
3,816
3,629
186
1,235
121
3,699
3,553
146
1,131
100
3,430
3,309
121
1,225
123
3,320
3,202
119
1,237
146
3,120
3,020
99
1,040
164
^number14, 426
$ per bbl.
3.06
mil. bbl._ 3, 774. 4
% of capacity-93
3.21
3, 880. 1
92
799
3.06
299.3
94
1,344
3.18
325.7
92
1,094
3.21
312.1
92
1,036
3.21
326.2
90
1,277
3.21
324.7
92
1,091
3.21
339.2
94
1,261
3.21
334.9
92
1,107
3.21
324.4
92
1,217
3.21
325.8
90
1,080
3.21
321.6
92
3.21
342.5
94
do_.do...
do
do
do
_.
7,712
3,984
4,343
89
152
.229
.237
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, totaled
Production:
Crude petroleum
Natural-gas plant liquids
Imports:
Crude and unfinished oils
Refined products
. _
mil. bbL_ 4, 922. 1 '5,102.8 '389.0
do
do_ do
do
Change in stocks, all oils (decrease,—)
do
Demand, total
Exports:
Crude petroleum
Refined products
.
Domestic demand, total 9
Gasoline
Kerosene
do_ _
465.4
280.1 ' 276. 5
47.6
49.6
289.3
49.3
288.3
47.2
287.2
48.7
280.7 ' 278. 2 ' 284. 8 ' 279. 6
50.1
49.0
47.4
49.5
294.8
52.0
501.7
537.7
' 551. 9
'602.7
40.1
'54.0
48.4
'58.0
46.1
'48.2
46.6
'44.0
43.8
'38.0
'46.0
'42.8
48.4
'45.9
46.4
'48.0
47.8
'46.8
55.5
'-17.4
-31.6
-2.0
17.4
28.9
25.8
18.2
10.2
9.3
5.5
4,873.8
5,126.4
' 420. 8 ' 437. 9 ' 402. 9 '402.0 ' 390. 9 '409.0
47.5
'45.0
-4.7
53.1
65.6
-33.2
499.4
.1
7.0
492.3
174.5
12.6
do
do
do
do
1.4
.2
1.8
.1
.2
.2
.1
.1
0
.2
.2
(l)
83.9
7.6
82.7
6.1
6.9
6.7
7.5
7.0
6.5
7.6
8.5
6.8
4, 789. 2 5,041.0 '414.4 ' 430. 8 ' 396. 1 '394.2 '383.4 ' 402. 5 ' 405. 6 ' 402. 6 ' 415. 5 ' 419. 0
177.6
1, 956. 0 2, 042. 5
145.2
159.8
168.6
173.1
171.0
188.4
177.2
185.0
163.6
'100.4
5.5
11.9
10.2
102.9
5.8
4.5
5.6
5.2
7.3
7.1
9.3
900.1
58.7
91.1
874.5
96.3
66.9
51.6
49.9
58.2
50.8
62.4
82.9
'
721.
9
68.1
51.8
68.1
58.6
668.2
47.5
48.4
51.3
54.5
58.6
55.5
349.4 ' 361. 5 '26.4
'30.8 '28.8 '29.9 '31.6 '31.9 '31.3 '31.1 '28.1 '29.5
48.7
48.5
3.6
4.6
3.7
13.5
'4.1
141.2 ' 143. 3
5.7
9.3
18.4
19.1
19.2
17.0
16.7
9.8
445.6
29.1
39.1
38.2
385.7
29.4
31.6
30.4
32.4
33.3
39.1
43.0
982.1 '906.7
951.0 976.9
922.1
999.6
904.7
995.1 1, 005. 2 1, 014. 5 1, 020. 0 1, 015. 3
265.2
281.3
272.2
265.3
264.2
273.2
277.5
284.5
267.7
262,5
264.3
264.8
103.5
111.5
99.4
100.6
98.9
108.7
106.6
110.3
104.6
104.3
104.3
101.4
613.4 ' 542. 1
558.3
628.5
539.9
608.9
582.0
542.3
632.9
647.7
651.5
649.1
do
do
do
1,940.0
2. 1
211.5
do
do
do
do
do
do
do .„
do
Lubricants
Asphalt
Liquefied gases
do
do
do
Refined petroleum products:
Gasoline (incl. aviation):
Production..
__
Exports
Stocks, end of period
' 424. 0 ' 420. 0 '429.5 ' 421. 6
249.4
45.5
' 414. 2 ' 410. 3 ' 422. 6 '426.0
Distillate fuel oil
Residual fuel oil
let fuel
Stocks, end of period, total
Crude petroleum
Unfinished oils, natural gasoline, etc
Refined products
' 436. 0 ' 418. 4 ' 429. 2 ' 417. 3 ' 424. 6
3,329.0 r 3, 363. 8
584.5
553.7
2,028.2
2.5
217.4
151.6
.1
222.6
163.9
C1)
229.2
.113
.116
.113
.230
.239
.242
31.6
1.8
7.0
26.5
1.8
6.2
1.7
.1
6.5
2.7
C1)
6.6
112.0
77.1
33.1
3.9
6.7
48.1
982.1
265.2
103.5
613.4
154.3
.2
216.6
167.1
.4
207.7
166.0
.2
201.8
177.8
.3
193.1
179.6
.3
189.4
174.3
.4
194.3
177.1
.3
195.0
175.3
.1
208.4
182.1
.3
217.4
.123
.118
.115
.115
.113
.120
.110
.110
.118
.118
.244
.242
.245
.242
.235
.240
.232
.233
.239
.240
2.0
.1
6.0
2.2
.3
5.5
2.4
.1
5.3
2.6
.2
5.3
2.5
.1
5.5
2.2
.3
5.4
2.3
.2
5.6
2.2
.1
5.8
2.1
.2
6.2
102.9
10.4
7.2
101.6
11.0
26.8
23.5
18.9
20.3
18.6
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gaL.
.113
.111
.111
.111
.111
r
Revised.
1
Less than 50 thousand barrels.
d* Includes small amounts of "other hydrocarbo tis and h:fdrogen refinery i nput," rlOt
7.1
22.0
7.9
25.3
7.5
27.3
7.6
29.7
7.4
29.9
7.6
30.6
8.0
29.4
9.8
26.8
.111
.111
.111
.111
.111
shown separate ly.
9In<eludes da ta not sh own sep irately.
.111
.111
.111
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3) _ $ per gal
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.) _
$ per gal
Aviation gasoline:
Production
mil. bbl
Exports
do
Stocks, end of period
do
Kerosene:
Production
do
§ Inclu des nonrnarketab le catalyst coke.
Mar.
SURVEY OF CURRENT BUSINESS
S-36
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1969
1969
Annual
April 1970
Feb.
Mar.
Apr.
May
June
July
1970
Aug.
Sept.
Oct.
Nov.
Dec.
76.9
5.9
.1
171.7
Jan
Feb.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Distillate fuel oil:
Production
mil. bbl
Imports
do
Exports
do
Stocks, end of period
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal
Residual fuel oil:
Prod notion
mil bbl
Imports
do
Exports
do
Stocks end of period
do
Price wholesale (Okla., No. 6)
$ per bbl
840.7
48.1
1.5
173.2
848.4
50.9
13
171.7
66.4
6.0
1
106.6
74.0
7.0
.1
96.6
66.7
3.5
.1
99.8
67.3
2.6
.1
110.9
71.3
2.2
.2
132.6
73.6
2.8
.1
159.1
71.0
4.3
.l
183.5
68.9
3.5
.1
197.7
70.5
2.3
.1
208.0
72.5
3.4
.1
201.0
.103
101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
.101
275.8
409.9
20.0
67.4
1.40
265 9
461 6
16.9
60 4
1 48
25 1
42.6
1.7
59 9
1.60
25.3
41.4
1.7
57.2
1.45
23.6
38.8
1.1
60.2
1.45
21.2
34.2
1.7
62.6
1.45
19.4
29.1
1.4
62.5
1.45
19.5
32.3
1.1
65.1
1.45
19 2
34.1
1.5
66.1
1.45
19.5
35.1
1.0
65.6
1.45
19.5
39.0
1.6
64.2
1.45
21.4
33.8
1.6
62.7
1.45
24. 1
51.2
.8
60 4
1.45
314.9
24.3
321 7
28 1
25.4
24 9
26.8
25.6
27.5
26 8
27.8
28 3
28.2
28.4
29.2
29.9
27.6
30 2
25.1
28.9
26.3
29.3
25.6
29. ii
27.7
28 1
65.7
18.0
14.0
65 1
16 4
14 1
4.4
.8
13 8
5.6
1.4
14.0
5.5
1.4
13.9
5.7
1.7
13 5
5.3
1.9
12.8
5.5
1.1
12.8
5.8
1.7
12 8
5.4
1.5
12 7
5.7
1.2
12 5
5.8
1.1
13.6
57
1.4
14 1
.270
270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
mil. bbl
do
135.5
20.1
135.7
16 8
6.2
24.4
8.5
27.3
10.2
28.4
12.9
28.3
14.3
26.1
15.2
23.4
14.9
19.5
15.1
16.1
13.5
13.2
10.4
14.0
9.0
16.8
Liquefied gases (incl. ethane and ethylene):
Production total
mil bbl
At gas processing plants (L.P.O.)
do
At refineries (L R G )
do
Stocks (at plants and refineries)
do
469.3
351.3
118.1
76.2
502 0
378 5
123 5
59.6
38.9
29.8
9.1
52.5
43.0
32.5
10.5
51.7
41.4
31.1
10.2
57.2
42.7
31.9
10.8
65.6
40.8
30.1
10.7
72.5
41.7
30.4
11.3
78.5
42.1
30.9
11. 1
82.4
40.7
30.4
10.3
83.6
42.8
32.6
10.2
79.9
42.3
32.4
9.9
71.5
44.7
34.5
10.2
59.6
Asphalt and tar products, shipments:
Asphalt roofing, total
_ _. thous. squares
Roll roofing and cap sheet
do
Shingles all types
do
78,045
31,099
46 946
82,683
34, 037
48, 646
5,022
2,160
2,862
5,159
2,189
2,970
6,136
2,473
3,663
7,322
2,804
4,518
8,082
3,138
4,944
7,922
3,086
4,836
8,185
3,249
4,936
8,871
3,565
5 306
8,850
3,630
5,221
7,060
3,154
3,905
418
411
875
368
346
901
24
13
70
22
23
68
26
34
73
33
34
78
32
40
83
31
35
76
34
40
80
42
27
85
39
50
84
30
23
73
22
17
68
'20
Jet fuel (military grade only) :
Production
Stocks end of period
mil. bbl
do
Lubricants:
Production
do
Exports
do
Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f.o.b., Tulsa)
$ per gal
Asphalt:
Production
Stocks end of period
Asphalt siding . .
Insulated siding
Saturated felts.
do
do
thous. sh. tons
5,463 ' 3, 387 3,432
2,589 ' 1, 708 1,563
2,874 ' 1, 679 1,869
7
51
16
7
44
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of period
Waste paper:
Consumption
Stocks, end of period
thous cords (128 cu ft )
do
do
57, 155 ••62,276
58, 358 « 62, 813
5,031
4,788
4,666
4,829
4,458
5,057
5,387
4,254
4,845
5,050
4,092
4,967
5,320
3,771
5,258
5,413
3,597
5,224
5,078
3,770
5,466
5,405
3,949
5,580
5,179
4,241
5,824
5,547
4,537
5,255
5,427
4,521
5,274
5,025
4,788
5,044
5,449
4,432
thous sh tons
do
10, 285 ' 10, 441
586
608
827
580
931
570
903
585
915
574
883
577
792
608
909
581
883
586
908
608
818
598
'780
608
839
569
WOODPULP
Production:
Total, all grades
thous. sh. tons._
Dissolving and special alpha
do
Sulfate
do
Sulfite _ _
do
37, 903
1,725
24, 308
2,508
41, 057
1,701
27, 628
2,337
3,049
131
1,979
189
3,418
156
2,251
206
3,433
124
2,344
189
3,603
144
2,456
199
3,536
151
2,397
196
3,329
127
2,273
181
3,558
156
2,420
198
3,379
133
2,280
191
3,647
150
2,482
210
3,594
141
2,456
192
3,263
131
2,180
197
do
do
do
4,237
1,540
3,584
4,241
1,585
3,564
333
128
288
364
134
308
347
129
298
363
135
305
362
135
295
338
132
277
358
133
292
345
132
297
368
131
306
359
135
310
341
128
286
do
do
do
do
741
278
376
86
796
230
'469
99
807
331
396
79
815
313
422
80
862
336
442
84
840
327
430
83
857
344
433
80
802
284
443
75
790
286
432
72
780
293
418
70
787
284
431
72
839
321
440
77
796
230
'469
99
440
79
Exports, all grades, total
Dissolving and special alpha
All other
do
do
do
1,902
671
1,231
l 2, 103
1744
U,359
125
37
88
169
67
102
178
74
104
212
70
142
171
61
111
207
62
145
196
79
118
148
68
80
••191
60
'132
182
63
119
220
72
148
200
63
137
204
70
134
Imports, all grades, total .
Dissolving and special alpha
All other..
do
do
do
3,540
302
3,238
14,040
1298
1 3, 743
324
18
305
313
26
288
355
27
328
331
23
308
349
27
322
338
26
312
307
18
289
320
22
299
400
30
370
356
24
332
358
35
323
304
24
280
294
21
273
l 50, 753 '53,488
4,212
l 22, 110 ' 23, 460
1,874
l 24, 298 ' 25, 561 2,025
U55
12
••133
l 4, 190 ' 4, 333
301
4,676
2,051
2,236
12
377
4,508
1,955
2,156
12
385
4,597
1,974
2,221
12
390
4,535
1,968
2,180
11
376
4,227
1,822
2,029
9
368
4,513
1,976
2,151
11
374
4,367
1,927
2,047
382
4,711
2,074
2,228
12
397
4,455
1,958
2,150
11
336
' 53, 754 4,236
4,721
4,618
4,596
4, 552
4,185
4,553
4,453
r 4, 709
102.7
121.0
92.6
98.2
102.7
121.0
93.6
99.6
102.7
121.0
93.5
100.4
102.7
102.7
102.7
102.7
102.7
102.7
102.7
102.7
122.1
126.4
126.4
123.2
123.2
123.2
123.2
123.2
96.0
93.5
96.0
93.7
95.9
95.9
93.5
95.8
94.4
100.7
95.9
95.2
93.9
99.4
95.1
94.6
i R e ported a nnual tot al; revisi ons not £illocated to the m onths.
Ground wo od___ .
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of period:
Total, all mills
Pulp mills.
Paper and board mills
Nonpaper mills .
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census) :
All grades, total, unadjusted ... thous. sh. tons..
Paper .
do
Paperboard .
do
Wet-machine board
do
Construction paper and board
do
New orders (American Paper Institute) :
All grades, paper and board
do
Wholesale price indexes:
Printing paper
1957-59=100..
Book paper, A grade
_
do
Paperboard
do
Building paper and board
do
r
p
Revised.
Preliminary.
'Corrected.
50,207
101.4
119.6
92.2
92.8
102.7
122.9
94.4
97.1
r 11
'4,253 P 4, 592
'1,885 v 2, 022
' 2, 046 P2.248
'8
p9
'314
"313
' 4, 413 ' 4, 238 " 4, 532
Mar.
S-37
SURVEY OF CURRENT BUSINESS
April 1970
1968
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
Feb.
Annual
1970
1969
1969
Mar.
Apr.
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
2,880
222
' 3, 156
r 273
260
244
269
237
271
259
279
260
264
279
240
261
257
264
244
264
'271
do
do
2 864
2,831
r
'3 096
3, 095
248
247
256
256
258
258
262
263
265
264
237
238
256
257
252
251
do
do
6 865
502
r
6, 945
'479
557
557
620
520
585
555
599
531
573
551
543
512
578
523
do
do
6 737
6 737
r
7,061
'7 061
551
551
617
617
596
596
586
586
585
585
547
547
do
do
5 012
264
r 5 119
'245
422
282
467
292
416
261
418
253
434
283
do
do
4 992
4 931
'5 129
r 5 084
428
423
467
460
418
414
433
422
Newsprint:
Canada:
Production
Shipments from mills
Stocks at mills end of period
do
do
do
8 031
8 096
203
8 758
8 741
681
615
334
743
726
351
690
684
358
United States:
Production
Shipments from mills
Stocks at mills end of period
do
do
do
2 935
2 946
27
3 232
3 233
252
251
38
282
277
44
Consumption by publisherscf
do
Stocks at and in transit to publishers, end of
period
hhous sh tons
7 025
7 344
541
633
699
655
Imports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh ton
6 462
6 790
510
141 40
146 10
Paperboard (American Paper Institute):
Orders, new (weekly avg.)
thous. sh. tons__
Orders, unfilled §
do
Production , total (weekly avg.)
do_
454
869
480
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil so ft surf area
173 834
Folding paper boxes, shipments, index of physical
volume
1947-49—100
138 0
thous sh tons
Production
Shipments
Print in p nnnpi"
Orders new
Orders unfilled end of period
Production
Shipments
Coarse paper:
Orders new
Orders unfilled end of period
Production
Shipments
'257
' 264
'255
'273
P259
'282
'259
'259
'257
'256
*265
p265
555
516
'622
'529
'579
'554
'539
'479
j>604
590
590
582
587
'626
'626
'601
'601
'588
'588
*600
P600
403
247
440
269
414
264
'433
'255
'399
'254
'410
'245
P453
J>274
434
433
383
390
434
428
429
428
'435
431
'427
'420
'398
'397
M37
P444
748
••794
311
720
721
309
726
720
315
751
705
362
706
725
343
794
804
333
760
808
285
730
795
220
'749
'659
310
692
646
357
267
264
47
280
271
55
275
277
53
249
251
51
271
259
63
255
257
62
288
291
58
279
290
46
255
275
27
279
261
45
258
247
55
638
616
661
607
550
582
606
666
682
631
563
539
673
662
678
647
681
683
676
686
665
699
737
743
532
567
532
601
604
539
606
614
571
625
545
497
146 10
146. 10
146. 10
146. 10
146 10
146 10
146. 10
146 10
146. 10
146. 10
146. 10
479
939
530
943
523
1,042
534
1,032
464
1,048
506
963
526
965
509
975
521
855
529
489
524
523
479
939
463
504
963
510
528
1 035
542
1,004
512
556
1 009
522
521
184 442
142 5
220
27
p
••288
••282
554
528
509
534
14 141
15 474
15 796
16 056
14 765
14 754
15 519
16 737
17, 856
14, 300
14, 515
14, 469
14, 152
134 1
139 1
141 4
143 4
139 6
138 4
144 3
147 3
'158.7
p 134. 4
P151.4
i>138. 1
v 111. 4
47 64 '49 24
103.06 ' 105. 97
50.51
49.26
49 98
104.91
59.03
47.17
102. 25
44.05
.238
.255
.251
187. 84 '198 57
162. 37 ' 166. 28
424.39 '438.74
193. 11
169. 07
434. 37
178. 92
161. 27
435.54
514
515
805
514
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous Ig tons
Stocks, end of period
do
Imports, incl. latex and guayule
do
r 589 78
105 97
585 28
46 40
92 15
49 00
50 01
104.71
59 78
49 29
107 43
54 39
50 54
108. 52
48 90
49 54
107. 35
46 66
43 89
104. 91
40 84
46 29
104! 45
55 19
51 73
107. 41
49 49
54 80
104. 49
59 45
.262
.231
.259
.270
.260
.268
.285
.314
.279
.265
2 131 10 r 2 250 16 174 97
i \ 896 15r 2 003 02 163 47
369 98 r 438 74 '38600
193 14
174 07
392. 56
186 20
163 34
401. 22
191 42
165 94
407.01
183 78
168 46
413.46
179 34
147 88
420.86
182 09
157. 45
428. 41
190 25
176. 32
423. 78
200 93
187 88
417. 14
581 86
107 76
540 17
Price, wholesale, smoked sheets (N.Y.)__$ per To..
Synthetic rubber:
Production
Consumption.
Stocks, end of period
.._
Exports (Bu. of Census)
thous Ig tons
do
do
_
Reclaimed rubber:
Production
Consumption. _ _ _ _ _ _ _
Stocks, end of period
T
.198
.250
do
291. 03
226 49
'7.08
13 55
25.03
23.22
21.60
18.32
23.65
21.68
24.44
20.32
23.11
23.36
23.68
do
do
do
257 22
250 43
29 58
r 238 26
'243 04
r 29 74
20 22
21 02
30 42
22 12
21 90
30 43
21 69
20 74
31 78
19 74
20 80
30 59
20 16
22 38
30 78
18 06
17 00
31 43
18 93
17.88
31 73
19 27
19.87
31 15
21 31
23 02
29 90
17. 16
17.76
31.08
'17 89
' 19. 35
'29 74
18.77
17.54
30.46
18.70
18.22
31.65
thous
2203 060
207 826
.223
TIRES AND TUBES
Pneumatic casings, automotive:
Production
_ __
2
2
17 170
18 269
17,283
16 882
17 435
15 447
15,829
17, 752
19 151
16, 738
17, 789
18, 174
777
704
650
423
14 160
4 551
9 497
17 095
5 212
11 645
20 046
4 966
14 860
20 115
5 009
14 847
16 681
2 514
13 973
15 678
3 428
12 025
194
224
20 390
5 836
14 249
238
19,494
5 519
13 718
258
305
14,407
4 750
9 519
138
13,746
4 041
9 505
200
13, 811
4,150
9 541
219
18 006
4 744
13* 077
49 152
2 364
48 469
50 365
48 131
47 433
44 317
*147
44 686
43 386
322
44,898
187
53 750
275
42 331
'298
49 152
174
45 135
'264
166
156
3 402
3 458
11 871
3 375
4. 041
11 499
3 160
3 929
11 088
3 092
3 495
11 103
3,576
3 826
11 171
3 913
4 36i
11 020
3 263
3 324
11 125
3,073
3 172
11 191
83
3,384
3 971
10 811
Shipments, total
Original equipment
Replacement equipment
Exports
do
do
do
do
Stocks, end of period
Exports (Bu. of Census)
do
do
42 128
2 518
Inner tubes, automotive:
Production.
Shipments
_
Stocks, end of period
Exports (Bu. of Census)
do
do
do
do
43 791
41 657
43 957 2 44 860
11 828
11 191
1 390
1 098
199 155
2 58 390
2
137 562
23 202
204
2 55
2
146
22
112
203
191
3 584
3 756
3 602
3 466
ll' 190 11 546
3 562
3 600
11 586
86
51
118
' Revised.
* Preliminary.
1 Revisions for Jan.-Aug. 1968 for synthetic rubber
consumption are as follows (thous. Ig. tons): 162.96; 154.29; 162.07; 155.85; 162.67; 153.44; 135.82;
154. 33.
2 Annual total includes revisions not distributed to the months.
115
185
130
259
91
66
99
111
83
79
120
84
90
67
d" As reported by publishers accountingfor about 75 percent of total newsprint consumption.
§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the
month; annual data are as of Dec. 31.
SUKVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1970
1969
1969
Feb.
Annual
April 1970
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
25,984
16, 932
20,039
Mar.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments finished cement
thous bbl
1 397, 448 »409, 564
20,096
26,106
34 646
39, 271
41, 012
42,386
42,988
43,086
43, 585
31, 249
467 2
18 9
108.5
601 0
22 0
133 6
693 9
23 8
153 5
705 6
23.3
163.5
698.5
21.3
183.1
699 1
22.1
174.7
669 4
19.0
170.7
654.6
18.2
177.8
686.3
20.4
167.6
529.6
18.8
136.0
••453.9
••17.1
' 118. 6
303.1
16.0
91.5
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick
Structural tile except facing
thous sh tons
Sewer pipe and fittings vitrified
do
Facing tile (hollow) , glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glazed and unglazed
mil so ft
Price index, brick (common), f.o.b. plant or
N Y dock
1957-59=100
7 556 8 '7 289 7
r 241 5
192 5
1 705 5 '1 783 5
220 6
209 0
14.9
17. 9
17 8
17.7
18.4
18.9
16.9
17.8
19.4
15.4
16.6
11.7
274 5
'284 8
21.8
24.8
25 1
25.5
26.2
23.8
24.0
23.8
25.0
20.5
'21.3
19.2
117.1
122.3
120.5
120.5
122.2
122.4
122.6
122.7
122.7
123.2
123.5
123.5
387 469
416 905
109 140
101,002
98 425
108, 338
139 391
248 078
150 123
266 782
39 560
69,580
36 998
64,004
36 385
62,040
37 180
71, 158
123.2
GLASS AND GLASS PRODUCTS
Flat class mfrs ' shipments
thous $
Plate and other flat glass shipments
Glass containers:
Production .
_
do
thous. gross. .
Shipments, domestic, total
_ do _
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
Jelly glasses and fruit jars)
thous gross
(fl)
259, 373
19, 362
23, 205
21,056
22,453
22, 743
21, 527
22,362
21,377
22,879
20,579
19, 460 '20,824
20, 153
(«)
250 222
17, 851
20, 801
20,973
21,242
22, 246
21, 795
22, 623
22, 732
20, 627
18,554
22, 151 '17,913
18,554
(fl)
24 172
1,737
2,174
1 882
1,876
1,970
2,055
2,590
2,817
1,919
1,557
1,737
1,705
1,899
(9)
57 838
4,311
4,546
4 598
4,580
4,745
4,702
5,269
5,333
5,361
4,595
5,095 ' 4, 372
4,331
Beverage
Beer bottles
Liquor and wine
do
do
do
(«)
(«)
55 848
51* 086
20 324
3,386
3,406
1,513
4,226
4,328
1,818
4 665
4 586
1 743
5,098
4,573
1,598
5,952
4,359
1,823
5,400
5,114
1,594
4,841
4,927
1,668
4,561
4,747
1,840
4,093
3,922
1,853
4,142
3,434
1,607
6,030
4,073
1,710
3,990
3,192
1,524
4,187
3,495
1,479
Medicinal and toilet
Chemical, household and industrial
Dairy products
do
do
do
(6)
35, 916
4,455
3,064
3 075
3,103
2,983
2,556
2,902
3,020
2,884
3,075
381
45
366
48
'2,843
'254
2,805
330
44
3,038
386
48
3,220
583
23,518
30, 167
28, 512
31, 470
30,960
29, 275
5 454
10 018
5 825
10, Oil
1 022
2 189
1,450
2,615
1,864
2,729
1,488
2,478
do
8 844
9 043
2 208
2,317
2,304
2,214
do
do
4 935
4,666
1,316
1,161
312
692
78
1,497
301
do
do
536
778
475
698
119
165
127
178
Stocks, end of period
do
(fl)
(')
(«)
434
55
30,798
379
45
366
48
366
48
30700
31,680
31,962
397
44
31,263
289
46
33,051
'33
329
29
30, 167 '33,032
34,373
381
50
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
^
mil sq ft
do
do
999
8 283
'269
81
2 025
67
275
77
124
194
251
222
922
8 724
76
105
162
236
2,254
2,245
78
70
213
2 199
60
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills:}:
Production, total 9
mil. linear yd_.
Cotton
do
Manmade
fiber
do
12, 693 '12,906
7,408
7,159
5,052 '5,546
1,028
577
433
1,034
578
438
21,229
2693
2513
1,018
588
413
1,008
561
432
2983
2526
2440
986
552
420
965 21,231
533
2672
419
2544
979 '21,175
543
2650
423 '2509
949
522
411
Stocks, total, end of period 9 d"
Cotton
Manmade
fiber
_
do
do
do
1,366
739
611
'1,404
659
'730
1,252
640
596
1,245
634
596
1,249
630
603
1,275
651
610
1,333
669
652
1,360
671
674
1,372
691
668
1,376
674
689
1,343
663
668
1,335
639
682
'1,404
659
'730
1,400
655
728
Orders, unfilled, total, end of period 9 If
Cotton
_
Manmade
fiber
do
do
do
3,098
1,627
1,384
' 2, 779
1,535
' 1, 165
3,041
1,564
1,374
3,067
1,619
1,343
3,141
1,625
1,413
3,138
1,601
1,443
3,170
1,617
1,470
3,139
1,634
1,420
3,024
1,593
1,358
2,902
1,496
1,333
2,847
1,500
1,275
2,838
1,498
1,265
' 2, 779
1,535
'1,165
2,677
1,483
1,111
80
528
1,610
5,789
8,390
3 9, 107
<9,826
COTTON
Cotton (excluding linters):
Production:
GinningsA
thous. running bales
* 10,917
10, 917
9,942
Crop estimate, equivalent 500-lb. bales
thous. bales.. 10,948 10,014
* 10,948
Consumption
do
647
a 792
664
8,294
8,568
Stocks in the United States, total, end of period
thous. bales.. 12, 978 '12,346 11,458 10, 671 9,318
Domestic cotton, total
. _ _ do
12, 926 ' 12, 329 11,413 10,630
9,278
On farms and in transit
do
964
824
1,404
1,548
678
Public storage and compresses
do
7,934 6,762
9,807
9,653 8,626
Consuming establishments _
do
1,838
1,872
1,571
1,272 1,823
Foreign cotton, total.
do
52
45
41
40
17
' Revised.
1 Reported annual total; 3revisions tot
r allocal,ed to the
5 months
2 D £ita
4
cover
5 weeks; other months, 4 weeks.
Ginning s to Dec. 13.
( j innings to Jan. 16.
5
Crop for the year 1968.
• Data not available owing to 1 ack of co mplete r eports fr om
the industry.
" Crop for the year 1969.
9 Incl ades data not show n separal ely.
{Effective Aug. 1969 SURVEY, data (1964-Apr. 19 69) reflec t adjustm ents to new ben chmarks; see Bureau of Census reports: Woven Fabi•ics (1964-68), Serie s M22A- Supplem ant
and (Jan.-Apr. 1969), M22A (69) 1-4 Supplement.
656
644
2
649
629
634
2810
646
2717
'635
7 9, 942
626
U0,014
16,769 15, 462 14,056 13,102 '12,346 '11,459 10, 452
16,736 15,439 14,035 13,083 '12,329 '11,443 10, 431
11,031 9,619 5,466 2,906
982
1,404
1,275
4,258
4,526 7,526 9,079 9,653 '8,832 7,987
1,447
1,294 1,043
1,462
1,098
1,272 '1,336
33
21
23
21
19
17
16
rfSt ocks (ovmed by weaving mills an d billed and hel(I for oth ers) excl ude beds heeting
towel ing, and blanket! ng, and t>illed and held sto cks of de nims.
IfU cinlled or ders cove r wool aj3parel (iricluding polyestei -wool) n nished fa brics; pn)ductior
and s ocks exc ude figui
-es for su ;h finishe d fabrics. Orders also excliide bedsh eeting, t oweling;
and b lanketin &.
AT otal ginrdngs to e nd of mo nth indi(jated, ex cept as noted.
8,303
8,269
538
5,925
1,805
34
7,469
7,436
506
5,203
1,728
33
6,520
6,489
400
4,466
1,623
31
SURVEY OF CURKENT BUSINESS
April 1970
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
1969
1969
Feb.
Annual
S-39
Mar.
Apr.
May
June
July
1970
Sept.
Aug.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (excluding llnters) — Continued
Exports
thous. bales..
Imports
_
do
3,870
05
Price (farm), American upland
cents per Ib
Price, middling 1", avg. 12 markets
do
122.0
122.9
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :
Active spindles, last working day, total
Consuming 100 percent cotton
Spindle hours operated, nil fibers, total
Average per working day
Consuming 100 percent cotton.
mil-do
bil .
do
do.
Cotton yarn, price, 36/2, combed, knit
$ per Ib
Ootton cloth :
Cotton broadwoven goods over 12" in width:
Production (qtrly.)
mil. lin yd
Orders, unfilled, end of period, as compared with
avg. weeklv production
No. weeks' prod..
Inventories, end of period, as compared with
avg. weekly production .No. weeks' prod-Ratio of stocks to unfilled orders (at cotton
mills), end of period, seasonally adjustedExports, raw cotton equiv
Imports, raw cotton equiv
thous. bales .
_
do
20.0
13.1
55
1
130
3
568
5
363
6
194
3
278
1
147
1
141
4
168
13
123
g
176
1
382
3
325
8
19.7
22.2
20.6
22.1
20.7
22.0
20.1
21.9
21.3
21.9
21.6
21.9
20 5
21.6
19.4
21.4
21 7
21 7
21 4
21 9
20.0
22.0
19 1
22.0
20.2
22.1
19.9
13.1
10.1
.505
19.9
13.0
12.1
.486
a 8.0
20.0
13.1
10.0
.501
19.9
13.0
19.9
12.9
210.2
.406
2
6. 4
19.8
12.8
19.7
12.7
19 7
12 6
9 5
.480
'19.6
'12. 4
••9.4
«• .470
60
19.6
12.4
210.6
.424
26.7
19.6
12.3
.480
19.7
12 6
12 1
.483
27 7
1 024
1.024
2,397
46
19.6
12.4
125.6
.476
80.9
20.0
13.1
128.0
.493
85.9
1.049
1.027
1.032
7,476
6,975
13.8
15.0
12.4
12.6
13.2
12.3
13.0
17.5
12.9
12.7
12 8
13 1
5.3
6.0
5.2
5.0
5.1
5.0
5.2
6.8
5.3
5.4
54
51
.40
.42
.43
.41
.39
.40
.39
.38
.40
.41
42
256.0
559.6
331.1
573.4
15.4
29.6
35.3
60.9
29.6
71.8
33.5
47.4
28.2
63.5
23.7
45.5
27.1
57.2
26.3
45.2
30 1
43.08
109.24
55.01
42.92
107. 86
55.15
42.71
108. 08
58.70
42.73
108. 30
60.94
42.81
107. 28
59.60
43.02
106. 90
60.22
43.51
107. 42
60.03
18.8
18.4
18.5
18.4
18.5
18.4
19.0
18.4
19.0
18.4
19.0
18.5
19.0
18.8
Mill margins:
43.27
37.73
Carded yarn cloth average
cents per lb-_
Com bed yarn cloth average
do _ _ «93.25 3 108. 02
59.16
Blends (65% polyester-35% cotton)
do. . 64.40
Prices, wholesale:
18.7
17.3
Print cloth, 39 inch, 68 x 72__. cents per yard _
18.6
Sheeting, class B, 40-inch, 48 x 44-48
do
MANMADE FIBERS AND MANUFACTURES
5, 159. 5
Fiber production, qtrly. total
..
mil. Ib
805.2
Filament varn (rayon and acetate)
do
Staple, incl. tow (rayon)
do
739.1
Noncellulosic, except textile glass:
1,662.1
Yarn and monofilaments
do
1, 550. 4
Staple, incl. tow
_
do
Textile glass
fiber
do
402.7
Exports: Yarns and mononlaments
thous. lb._ 96,390
108, 253
Staple, tow, and tops
do
T
* 59, 303
mports: Yarns and monofilaments
do
217, 707
Staple, tow, and tops
-__do
Stocks, producers', end of period:
59.4
Filament yarn (rayon and acetate)
mil. Ib
Staple, incl. tow (rayon)
do
59.0
Noncellulosic fiber, except textile glass:
194.3
Yarn and monofilaments
do
210.9
Staple, incl. tow
do
Textile glass
fiber
do.
47.3
9.8
.490
6.4
6.6
1.032
1.027
.490
6.5
6.4
1.027
1.024
1,824
1.024
9.6
9.6
6.1
475
5.8
15.0
13.0
12 7
6.0
5.6
55
39
.42
.43
45
2
39 i
48 9
34.9
44.0
28.2
52 7
23 1
49 9
44.03
107. 60
59.52
44.06
107 46
60.36
43.96
107 87
60 71
43.92
109.01
61.02
43.92
108. 81
61.11
43.86
108 00
60 43
19.0
19 0
19 3
18 5
18.5
19.0
9,861
13 762
5,031
16, 317
12, 692
13 665
6,755
14, 705
1.027
1.024
1 027
1,733
' 1, 608
Aft
1,380. 8
191.3
191.8
1,403. 4
195.8
189.1
1,368.2
183.9
187.5
1, 766. 9
1, 718. 7
501.0
441.4
422.5
109.7
445.1
430.8
121.8
445.3
443.3
129.9
435. 1
422.1
139.6
100, 539
127, 484
41,063
159, 404
4,237
6,807
2,900
5,767
9,048
12,366
3,548
13, 929
9,801
13, 132
3,017
18,863
9,285
11, 878
2,335
15,857
7,554
10, 983
2,951
18, 333
9,952
8,478
2,178
17,090
9,886
10, 433
4,564
16,946
8,774
11, 122
2,979
12, 989
9,292
11 859
1,003
13,997
8,887
11 636
4 533
12, 227
8,710
13, 019
5,872
8,726
78.4
75.6
67.0
59.3
68.8
54.5
80.5
56.2
78.4
75.6
259.8
247.6
70.2
234.1
215.6
48.7
248.1
223.6
51.5
263.2
249.2
56.9
259.8
247.6
70.2
.61
.90
1.42
„
238.3
91.4
249.4
119.6
219.0
93.8
189.2
95.7
17.1
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, % blood .__
Australian, 64s, 70s, good topmaking
1.207
.840
1.180
1.221
.862
1.174
1.239
.880
1.195
7.5
9.2
2.7
.61
.90
.61
.89
1.42
1.42
.61
.89
1.43
.61
.89
.61
.89
1.43
1.42
18.9
128.0
r
134.5
2
6.5
12.3
1.220
.850
1.195
1.220
.850
1.195
1.220
.850
1.195
92 6
92 6
92 6
9.9
1.220
.858
1.195
1.220
.850
1.195
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
92 6
system, wholesale price
1957 59—100
92 9
91 0
92 9
92 9
Wool broadwoven goods, exc. felts:
Production (qtrly.)
mil lin yd
243 3
227 6
68 3
Price (wholesale), suiting, flannel, men's and
bovs'. f.o.b. mill
1 957-59 -inn
inn. Q
102.fi
102.1
102 1
in2 1
r
s
Revised.
i Season average. 2 For 5 weeks; other months,
4
weeks.
Beginning
4
1969, the average omits two cloths previously included.
Revised total; revisions not
8
distributed by months.
• Less than 500 bales.
Average for 6 months, July-Dec.
18.2
124. 6
23.7
14.0
19.2
19.9
9.7
1.41
134.1
483.6
18.8
7. 6
15.9
10.8
7.3
1 41
143.8
' 431. 6
130.1
23. 5
28.9
22.0
11.3
1.41
7.6
14.7
66 1
2
16.9
7.0
14.2
7.7
2
19 5
9.8
2
14 7
6.7
216.1
27.3
16.4
7.1
7.5
4.2
17.5
9.3
7.2
1.220
.850
1.195
1.220
.850
1.195
1.218
850
1 175
1.210
890
1 089
1.198
.890
1.075
92 3
92 3
92 3
92 6
92.5
48 1
•»
15.9
5.8
12.9
5.8
1.185
.884
7 1.034
15 7
6.1
1.185
865
7 1 014
1.110
OAK
7 I Q1Q
45.1
103.0
103.0
103. 0
103.0
103.0
1(13.0
? Beginning Jan. 1970, quotation refers to Australian wool, 64's, warp and
parable prices prior to 1970 are not available.
9 Includes data not shown separately.
102.1
43.79
106.81
.61
.89
173.6
474.0
181.9
501.5
2
1.42
1.42
.61
.89
761.2
784.4
6.9
.61
.89
1,341.7
415.7
198.5
78.9
732.4
1,387.5
438.2
199.1
18.2
.61
.89
.61
.89
•1,264.4
r
402. 1
'179.3
'86.1
'681. 2
1,410.9
436.5
199.5
9.3
.467
5.9
6.2
1,810
2
1,367.4
203.4
190.4
WOOL
Wool consumption, mill (clean basis) :
Apparel class
mil. Ib
Carpet class. .
do
Wool imports, clean yield
_ _. do
Duty-free (carpet class)
do
9.8
5, 519. 8
774.4
758.8
Prices, manmade fibers, f.o.b. producing plant:
.61
.61
Staple: Polyester, 1.5 denier
$ per lb._
.89
.85
Yarn: Rayon (viscose) , 150 denier
do
1.42
1.42
Acrylic (spun) , knitting, 2/20, 3-6D._do_ .
Manmade fiber and silk broadwoven fabrics:
5, 203. 6 5,404.5
Production (qtrly.). total 9.
mil lin yd
1, 692. 5
Filament yarn (100%) fabrics 9
do
776.4
779.8
Chiefly rayon and/or acetate fabrics
do
Chiefly nylon fabrics
do_
2, 749. 4 2, 959. 2
Spun yarn (100%) fab., exc. blanketing 9 ..do
Rayon and/or acetate fabrics and blends
678.0
633.4
do
1, 751. 9 1, 890. 7
Polyester blends with cotton
do_Filament and spun yarn fabrics (combinations
517.2
482.9
and mixtures)
mil. lin. yd
$ perlb._
do
do
2
20 7
22.2
102. 1
warp; com-
S-40
Unless otherwise stated in footnotes below, data
through 1968 and descriptive notes are as shown
in the 1969 edition of BUSINESS STATISTICS
1968
SURVEY OF CURRENT BUSINESS
April 1970
1969
1970
Annual
1969
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
17,881
18, 511
Mar.
TEXTILE PRODUCTS—Continued
APPAREL
Hosierv, shipments
Men's apparel, cuttings:
Tailored garments:
Suits
Overcoats and topcoats
thous. doz. pairs
225,588 «• 241,923 ' 18,747
thous units
do
20, 564
3,784
20 829
3,230
1,781
Coats (separate) , dress and sport
do
Trousers (separate) , dress and sport
do
Shirts (woven fabrics), dress and sport
thous doz
Work clothing:
Dungarees, waistband overalls, jeans
do
Shirts.
_
.do
14 237
165, 104
14 136
167, 360
21 771
7,173
4,470
Women's, misses', juniors' apparel, cuttings:
Coats
thous. units
Dresses
__ _ _
_
- -do
Suits
do
Blouses and shirts
Skirts
thous. doz
do
r
18,360
18, 951
22, 303
20, 771
21,144
20, 897
24,166
20,306
17,631
1 978
2,038
1,912
1,765
1 174
1,752
1,625
1,850
305
1,676
298
338
213
1 378
855
13 023
1 182
14, 798
1 026
14,040
1 354
14,097
1 102
13, 923
1 052
11 390
1 893
1 649
1 871
1 990
2 272
2 072
1 796
674
297
709
285
789
247
698
285
800
315
746
345
825
330
728
293
1,247
25, 458
1,679
20, 614
1,707
19,089
1,727
20,068
536
319
1,405
22, 413
541
496
1,804
20,391
2,107
22,148
1 274
1,178
1 188
1 129
1 160
1,074
1 119
1 543
r
1 308 ' 1 097 1,220
1,345
500
443
643
718
331 2
5,040
159 9
286
313
317
1 240
13,635
1 299
14 433
1,302
14,341
1,234
15, 841
1,136
14, 472
23 302
1 989
1 957
1,886
1 953
8,472
3,590
588
315
675
290
612
295
1,708
23,017
1,435
26, 035
592
1 240
19, 859
21, 592
277, 958 '255,228
8 152 r 5 680
15 293
8 168
20, 316
14 457
7 694
218
601
739
662
360
576
213
323
425
830
598
738
497
683
501
722
116
1,519
1,772
1,503 f 1, 712
850 ' 19, 259 21, 811
18, 169 ' 16,
r
'554
575
371
394
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
27,168
16,577
24,575
25, 592
16,635
6,450
4,370
5,566
6 047
3,941
4,401
2,466
3,758
6 339
4,289
5 631
4,082
5,122
5 912
4 012
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, propulsion units, and parts..
_
mil. $
Other related operations (conversions, modifications), products, services
_
mil. $
30,749
16,343
16,608
3,951
31, 346
16, 788
17, 303
4 146
29,432
14,978
16,346
4 192
29, 151
15 048
16 160
3 816
5,083
4,772
4 045
4 306
2,834
3,029
2 942
2 792
Aircraft (complete):
Shipments © . _
__
Airframe weight ® _. . ..
Exports, commercial
do
thous. Ib
mil $
4 355 1 3, 594. 3
60, 152
76,202
1 403 1i 1 239. 2
352.2
5,598
153 8
367 4
6,524
139 8
346 4
6,011
116 5
373 5
6,201
83 2
242 2
4,180
73 3
290 2
4,832
83 8
268.6
4,131
93 0
198 7
3 764
36 1
249.6
4,151
107 4
224 7
3,438
71 6
342 6
5 464
143 0
T
209 6
•• 3, 389
156 6
10,718.2 10, 142. 8
10, 172. 2 9, 583. 6
8 822 2 8 223.7
8 407 1 7 806.5
1 896.1 1,919.1
1 765 1 1 777.1
864.7
823.7
707 4
676.7
157.3
147.1
932.3
877.1
763 3
721 0
169 0
156 1
876.8
825.2
714 3
676.9
162. 5
148 2
861.1
805.2
720 2
678 0
140 8
127 2
940.9
889.6
777 1
740 4
163 8
149 2
617.1
588.5
465 2
446 9
152.0
141 6
473.7
446.5
346 4
329.5
127.3
117.0
907.3 1, 048. 5
995.7
849 9
856 8
751 6
815
6
706 5
191.7
155 7
180
1
143 3
855.2
807.4
682 1
644 0
173 2
163 3
788.7
741 5
624 0
588 8
164 7
152 7
716.6
681.0
571 4
545 0
145 2
136 1
687.3 2 782. 6
648.9
555 2 2 628 5
528 4
132 1 2 154 i
120 5
333. 45
292. 11
3 103. 24
23.56
20 77
6.59
34.64
29 46
10.97
28.50
24 10
11.82
33 24
30 20
9.83
27 09
24 84
10.24
16.95
14 95
7.92
10.92
9.48
7.97
35 13
31 39
7.45
34.47
28.30
8.89
32 84
27 92
7.48
30.39
25 96
8.33
18 76
14 64
6.40
19.19
15 44
8.66
11,620.45
1, 846. 72
1
691. 15
500. 88
1
114.65
146. 01
121. 48
48.23
8.23
137. 47
46.65
13.12
182. 77
51.72
12.96
185. 26
63 89
14.61
185. 53
68 52
12.65
160. 15
40.99
8.63
120. 38
26.58
9.70
148. 65
68 37
11.90
177. 66
76.61
13.94
154.02
70 84
3.86
165. 11
73.25
13.90
177.06
59 19
12.04
167. 79
61 35
10.29
113, 928
75, 148
138, 427
94, 808
11,055
7,405
12 760 12, 561
8 581
7,910
12 474
7 935
12 606
8 942
11,370
7,941
10, 782
7,554
11 903
8 730
12,359
8,761
10 768
7 754
33 761
33 332
3 025
2 195
1 530
1 754
2 368
2 827
3 651
3 532
3 727
MOTOR VEHICLES
Factory sales (from plants in U.S.), total
Domestic
Passenger cars, total
Domestic
Trucks and buses, total
Domestic..
thous ..
do
do
do
do
do
Exports:
Passenger cars (new) , assembled . _ _
To Canada
.
.
Trucks and buses (new) , assembled
do do
do
Imports:
Passenger cars (new) , complete units _
From Canada, total.
Trucks and buses, complete units
do
do
do
Shipments, truck trailers:
Complete trailers and chassis
. number
Vans...
__
do
Trailer bodies and chassis (detachable), sold
separately
number
Registrations (new vehicles): O
Passenger cars
Foreign cars
Trucks
330. 46
286 78
92.03
thous
do
do
19 403 9
1
985 8
l
l 775.6
number
do
do
56 262
38,991
17, 271
68 452
54, 072
14, 380
5 205
4,439
do
do.
do
* 63 561
i 49, 391
14, 170
84, 345
65, 401
18, 944
3 641
3,136
do
do
do
31, 740
24, 540
7,200
46, 751
35, 508
11,243
33, 439
23, 701
9 738
1,458
1,438
1,455
9 446 5 5 607 5
1 061 6 s 53.4
1, 888. 8 s 124. 5
3 079
681 2
58 1
144 0
5 876 0 5 gg9 i
s 98.3 5 io7 9
s 174. 6 5 172 8
5 841 9
5 91 7
s 160 9
5
5
815 3
s 90 2
169. 6
5 718 8
5
95 6
5
153.8
5 733 4
s 95' i
s 149 i
5 955 6
5 112 6
s 174 4
9,899 «• 10,004 10 052
6 556 '6 795 6 531
4 039
5 757 5 4 6912 5
s 93 6 4 5101 7
5 146 8 * 5185 0
r 3 461
5 619 1
5
81 8
5 130 9
3 947
9
578 4
8
73 8
« 124 4
RAILROAD EQUIPMENT
Freight cars (ARCI & AAR):
Shipments d"-. Equipment manufacturers _
Railroad shops, domestic.
New orders cf
Equipment manufacturers
Railroad shops, domestic Unfilled orders, end of periodd"
Equipment manufacturers.
Railroad shops, domestic—
__
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
mil. tons-Average per car
tons
5.2
93.82
64.34
5.6
94.37
65.62
766
505
796
6 571
5,353
1,218
5 826
4,667
1,159
5 445
3,888
1,557
4,861
3,770
1,091
5,482
4,032
1,450
6 881
4,879
2,002
6,972
5,181
1,791
6 273
4,941
1,332
5 765
4,640
1,125
4 282
3,484
798
896
5 957
5,157
19 721
19, 329
4 504
4,021
60
5,747
3,047
2,700
3 782
3,148
392
7 968
6,683
1,285
2,679
2,284
800
6 263
6,203
395
483
634
8 264
3,456
4,808
9 022
4,753
4,269
2 032
2,032
3 632
3,236
34, 073
24, 331
9,742
47, 208
38, 292
8,916
47, 445
39, 628
7 817
50, 395
42, 850
7 545
51, 233
42, 079
9,154
47,915
39,816
8,099
45,133
38,853
6 280
42,043
36,920
5,123
43,460
35,361
8 099
46, 751
35, 508
11 243
44,201
33,756
10 445
40,704
30, 759
9 945
1,448
1 446
1,443
5.3
5.4
1,442
1,441
1,440
1 440
1 438
1 438
93.96
64.87
94.01
65.02
93.96
65.11
94.38
65.23
94.37
65.62
94.45
65.69
5 312
4,516
1,452
1,449
5.2
5.3
5.1
93.88
64.54
93.91
64.68
93.94
64.82
' Revised.
i Annual total includes revisions not distributed by months.
2 Preliminary
estimate of production.
s Beginning 1969, data exclude vehicles on runners and skis.
* In6
cludes delayed registrations for several States.
s Omits data for one State.
Omits data
for three States.
^Beginning May 1969, data (compiled jointly by the American Railway Car Institute and
the Association of American Railroads) refer to new cars for all domestic users. Not covered
5.2
5.5
93.98
65.19
5.5
94.15
65.35
5.5
94.22
65.45
5.5
5.6
0
5 755
4,' 859
396
5.7
are rebuilt cars and cars for export; also, cancellations are not reflected.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
0Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
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
11,12
Labor force, employment, and earnings
Finance.
Foreign trade of the United States
Transportation and communications
13-16
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, clay, and glass products
Textile products.
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
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
1,3-6,8,9,11,12,19,22,23,40
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
6,7,
9,10,31,36,38
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
2,20,24
Confectionery, sales
29
Construction:
Contracts.
10
Costs
10
Employment, unemployment, hours, earnings.. 13-15
Fixed investment, structures
1
Highways and roads
9,10
Housing starts
10
Materials output indexes
10
New construction put hi place
9
Consumer credit
17,18
Consumer expenditures.
1
Consumer goods output, index
3,4
Consumer price index
8
Copper
33
Corn
27
Cost of living (see Consumer price index)
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
3,7,27,30,38
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, 3,19-21
11,12
Earnings, weekly and hourly ....... .
...........
15
Eating and drinking places
....................
11, 12
Eggs and poultry
.......................
3, 7, 8, 28, 29
Electric power
...........................
4,8,25,26
Electrical machinery and equipment
............
4-7,
9,13-15,19,22,23,34
Employment estimates
.......................
13-15
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
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 . . . . ........ 4, 8, 26
Gasoline
.....................................
1,35
Glass and products
...........................
38
Glycerin
.....................................
25
Gold
........................................
19
Grains and products
...................
7, 8, 22, 27, 28
Grocery stores
...............................
11, 12
Gross national product
........................
1
Gross private domestic investment. .
............
1
Gypsum and products
.........................
9, 38
Hardware stores
..............................
11
Heating equipment
...........................
9, 34
Hides and skins
..............................
9, 30
Highways and roads. . .
.......................
9, 10
28
Hogs
8
Home electronic equipment
10
Home Loan banks, outstanding advances
10
Home mortgages
40
Hosiery
24
Hotels
14
Hours of work per week
Housefnrnishings
.......................
1,4,8, 11, 12
Household appliances, radios, and television sets.
4,
8,11,34
Housing starts and permits
............
.
.......
10
Imports (see also individual commodities) . . . 1,2, 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, 11, 12
Inventory-sales ratios
.........................
5
Iron and steel
..............
4-7,9, 10, 19,22, 23,31,32
16
Labor advertising index, strikes, turnover. .
13
Labor force
28
Lamb and mutton
28
Lard.
33
Lead.
Leather and products
4,9,13-15,30
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
4,9,10-15,19,31
Machine
tools
34
Machinery
4-7,9,13-15,19,22,23,34
Mail order houses, sales
11
Man-hours, aggregate, and indexes
14
Manmade fibers and manufactures
9,39
Manufacturers* sales (or shipments), inventories,
orders
5-7
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
8
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
1,4-6,8,9,11,19,22,23,40
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
18
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,
8,11-15,19,22,23,35,36
Pig iron
31,32
Plant and equipment expenditures
2
Plastics and resin materials
25
Population
13
Pork
28
Poultry and eggs
3,7,8,28,29
Prices (see also individual commodities)
7-9
Printing and publishing
4,13-15
Private sector employment and earnings
15
Profits, corporate
2,19
Public utilities.
2-4,9,19-21,25,26
Pulp and pulpwood
36
Purchasing power of the dollar
9
Radiators and convectors
34
Radio and television.
4,11,34
Railroads
2,15,16,20,21,24,40
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)
8
Retail trade
5,7,11-15,17
Rice
27
Roofing and siding, asphalt
36
Rubber and products (incl. 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, clay, glass products
Stoves and ranges
Sugar
Sulfur
Sulfuric acid
Superphosphate
2
17
19,20
20,21
1,8,13
28
9,11,12,30
19
30
39
22,23,31,32
31
20,21
4-6,9,13-15,19,38
34
23,29
25
24
25
Tea imports
29
Telephone and telegraph carriers
24
Television and radio
4,11,34
Textiles and products.... 4-6,9,13-15,19,22,23,38-40
Tin
33
Tires and inner tubes
9,11,12,37
Tobacco and manufactures.
4-7,9,11,13-15,30
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
Truck trailers
40
Trucks (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 dryers
Water heaters
Wheat and wheat flour
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
13,16
16,17,20
finance
18
2-4,9,19-21,25,26
34
11* 12
29,30
7,8
16
2,3,15
34
34
27,28
8,9
5,7,11,13-15
36
9,39
33
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