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AUGUST 1963
survey of
CURRENT
BUSINESS
US. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
AUGUST 1963
VOL. 43, NO. 8
U.S. Department of Commerce
Luther H. Hodges
Secretary
Office of Business Economics
George Jaszl
Director
Contents
Louis J. Paradiso
Associate Director
THE BUSINESS SITUATION
PAGE
1
Summary
Murray F. Foss
Editor
Billy Jo Hurl
K. Celeste Stokes
Statistics Editor
Graphics
GNP REGISTERS ANOTHER MODERATE ADVANCE.
STAFF CONTRIBUTORS
TO THIS ISSUE
National Income and Product:
Robert B. Bretzfelder
PERSONAL INCOME BY STATES IN 1962
Record Dollar Volume in All States—Most Major Industries
Share in Expansion
7
U.S. INTERNATIONAL INVESTMENTS
Capital Outflows Sustained at High Level—Private Holdings
Abroad Near $60 Billion—Earnings Show Substantial Gains .
TRANSPORTATION TRANSACTIONS IN THE U.S. BALANCE
OF PAYMENTS
Trends in U.S.
Shipping Operations
,
16
23
Articles:
Samuel Pizer
Frederick Cutler
Julius N. Freidlin
Zalie V. Warner
Angelos J. Clones
Gary C. McKay
27
CURRENT BUSINESS STATISTICS
General
Industry
Subject Index
Personal Income in 1962:
Edwin J. Coleman
Edward A. Trott, Jr.
James M. Lazartl
Elizabeth H. Queen
Joseph V. DiBeradino
John E. Flannery
Thomas W. Farquhar
ELI nice F. James
S1-S24
S24-S40
Inside Back Cover
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U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., 87101, U.S. Courthouse. Phone
247-0311.
Anchorage, Alaska, 99501, U.S. Post Office and Courthouse. BR 2-9611.
Atlanta, Ga., 30303, 75 Forsyth St. NW. JA 2-4121.
Birmingham, A!a., 35203, 2028 Third Ave. N. Phone
323-8011.
Boston, Mass., 02110, 80 Federal St. CA 3-2312.
Buffalo, N.Y., 14203, 117 Ellicott St. TL 3-4216.
Charleston, S.C., 29401, Suite 201, Marcus Bldg., 6 Broad
St. Phone 772-6551.
Cheyenne, Wyo., 82001,16th St. and Capitol Ave. Phone
634-2731.
Chicago, 111., 60606, 226 W. Jackson Blvd. Phone 8284400.
Cincinnati, Ohio, 45202, 36 E. Fourth St. Phone 3812200.
Cleveland, Ohio, 44101, E. 6th St. and Superior Ave.
Phone 241-7900.
Dallas, Tex., 75201, Merchandise Mart. RI 8-5611.
Denver, Colo., 80202, 142 New Customhouse. Phone
534-4151.
Detroit, Mich., 48226,438 Federal Bldg. Phone 226-6088.
Greensboro, N.C., 27402, 407 U.S. Post Office BldgPhone 273-8234.
Hartford, Conn., 0(5103, 18 Asylum St. Phone 244-3530.
Honolulu, Hawaii, 96813, 202 International Savings
Bldg. Phone 58831.
Houston, Tex., 77002, 515 Rusk Ave. CA 8-0611.
Jacksonville, Fla., 32202, 512 Greenleaf Bldg. EL 4-7111.
Kansas City, Mo., 64106, 911 Walnut St. BA 1-7000.
Los Angeles, Calif., 90015, 1031 S. Broadway. Phone
688-2830.
Memphis, Tenn., 38103, 212 Falls Bldg. JA 6-3426.
Miami, Fla., 33132, 14 NE. First Avenue. FR 7-2581.
Milwaukee, Wis., 53203, 238 W. Wisconsin Ave. BR
2-8600.
Minneapolis, Minn., 55401, Federal Bldg. Phone 3342133.
New Orleans, La., 70130, 333 St. Charles Ave. Phone
529-2411.
New York, N.Y., 10001, Empire State Bldg. LO 3-3377.
Philadelphia, Pa., 19107,1015 Chestnut St. WA 3-2400.
Phoenix, Ariz., 85025, 230 N. First Ave. Phone 201-3285.
Pittsburgh, Pa., 15222, 355 Fifth Ave. Phone 471-OSOO.
Portland, Oreg., 97204, 217 Old U.S. Courthouse Bldg.
Phone 226-3361.
Reno, Nev., 89502, 1479 Wells Ave. FA 2-7133.
Richmond, "Va., 23240, 2105 Federal Bldg. Phons 6493611.
St. Louis, Mo., 63103, 2511 Federal Bldg. MA 1-S100.
Salt Lake City, Utah, 84101, 222 SW. Temple St. DA
8-2911.
San Francisco, Calif., 94011, Room 419 Customhouse.
YU 6-3111.
Santurce, Puerto Rico, 00907, 605 Condado Ave. Phone
723-4640.
Savannah, Ga., 31402, 235 U.S. Courthouse and P.O.
Bldg. AD 2-4755.
Seattle, Wash., 98104, 809 Federal Office Bldg. MU
2-3300.
By the Office of Business Economics
uauon
BUSINESS activity in July, on the
B.
whole, was somewhat better than in
June, after allowing for the usual summer slowdown. In particular, July
retail sales were up for the second successive month following a lull in the
preceding six. Nonfarm employment
registered its sixth consecutive monthly
advance, and was 1.1 million above a
year ago. The June-July increase of
130,000, however, was the smallest
since the start of the year; furthermore,
the industry increases were concentrated in three major groups—construction, trade, and services. Manufacturing
employment, which rose
significantly from January to May, has
shown little change since.
Personal income continued its upward course and registered a new high—
rising by $1.7 billion at annual rate
from June. The advance, reflecting
mainly additions to nonmanufacturing
employment, was much smaller than
the rnonth-to-month rises during the
second quarter. Industrial activity increased somewhat over the peak June
rate after seasonal adjustment. There
was little change in durable goods
output because steel production fell
rather sharply for the second successive
month. Machinery output continued
to move ahead, as did nondurable goods
manufacturing, mining, and utilities.
New information on business capital
outlays will riot be available until next
month; the last quarterly survey indicated that these outlays will continue to
expand at a moderate pace in the third
and fourth quarters. The rise in orders
received by machinery and equipment
firms during the first half of this year
confirmed the trend indicated by the
survey. New orders received by these
companies in the second quarter were
up 5 percent from the first, after seasonal adjustment.
Recent developments indicate that
economic activity continues to move
ahead and that there are continuing
shifts in the factors contributing to the
total rise in business. The pace of advance, while resulting in new record
highs for GNP, employment, income,
and consumer buying, is not vigorous
enough to result in any significant imSECOND QUARTER 1963 GAIN IN FINAL
PURCHASES OF GOODS AND
SERVICES
10
8
Change in Total
GNP Less change
in Business Inventory Investment
Features Recovery in Fixed Investment and a
Rise in Net Exports
1. 1 n
rf
_
i
r
L~J
Business Plant
J an(j Equipment
n
jj
n ,-,
— .LJ
n
Residential
i
L
•*— • \ ,i
LJ
1
2 3
1962
4
1
_ n"
I
' 1
2
1963
Exports 1 e s s
Imports o f Goods
Gains in Other Markets Were Reduced
nTH
_
^
V
o \rm ™ EH
,1
p£Sl i plSij
111!
13*33 1 Federal Gov't.
State &
1333
|
nin n n
4
r
2i
n
F~l
nil....1 Li
1
__
i Ll
I
Consumer Goods
F-3 1
1 I""!
Retail sales and income higher
The retail sales rise in June and July
followed a period of several months
during which consumer purchases of
goods showed little change after having
contributed significantly to advances in
GNP. Revised figures for June were
up about 1 percent over those for May.
and July sales, on the basis of a d v a n c e
reports, were up another 1 percent after
seasonal adjustment. The July advances were registered in both durable
and nondurable goods outlets.
Automobile sales continued at a
strong pace in July as dealers sold
603,000 new domestic cars, the best
performance since July 1955. As the
auto industry began its annual shutdown for model changeovers, dealers at.
the end of July held a little over
1,000,000 new units in inventory.,
While this represented a rise of some
80,000 units over the year-ago total, the
July inventory constituted 1.5 months
of sales at the June-July sales rate as
against 1.6 the year before and 2.0 two.
years ago.
Personal income moved ahead in July,
to reach a total of $464 billion. The
slower rate of gain than in the months
of the second quarter reflected partly
the slowing down in the wage and
salary advance and partly the decline in
dividends from an abnormally high
June figure.
Consumer credit increases
C°nsumer Services
n
2
3
1962
Local
°V *"
1
provement in the rate of unemployment, which was still over 5% percent
in July.
4 ' 1 2
1963
Change From Preceding Quarter\
Seasonally Adjusted, At Annual Rate'
U.S. Department of Commerce, Office of Business Economics
A strong demand for consumer durable goods, especially aiitos, and the
continued long-term growth in credit,
use brought about a substantial rise in
consumer credit outstanding in the first,
half of this year. While this new credit
SURVEY OF CURRENT BUSINESS
August 1963
has provided an important supplement of 1959, the extension ratio was 14/2
When repayments are netted against
to income for consumer purchases, the percent while in the first three quarters extensions, it appears that despite the
available evidence does not suggest of 1955 it ranged from 14 to 14/2 per- recent increases in installment credit,
that credit utilization in the recent cent.
the net advances in credit outstanding
period has been excessive when viewed
The volume of repayments, of course, relative to disposable personal income
against the postwar experience.
is characteristically far more stable and have been smaller in the current expanIn the first 6 months of 1963, con- has also been growing. Up to re- sion than in 1959 or in 1955, which
sumer installment credit outstanding cently, the ratio of repayments to were also years of heavy durable goods
increased by $5.5 billion at a seasonally income has shown unusual stability, purchases and new credit extensions.
adjusted annual rate. This rise, the varying within the narrow range of In the first two quarters of this year the
increase in credit outstanding averaged
extension of a cyclical increase that
12.5-13.2 percent for about 5 years. 1.3 to 1.4 percent of DPI. These
started in 1961, compares with advances
of $0.7 billion in the year 1961 and The past year, however, has seen some ratios may be compared with cyclically
$4.7 billion in 1962. The largest pre- acceleration of repayments relative to high ratios of 1.9 percent in the third
vious annual rise was $5.6 billion in income: repayments in the first two quarter of 1959 and similar ratios in
quarters of 1963 have been at 13K excess of 2 percent in the first three
calendar year 1959.
Net increases in credit outstanding so percent of the DPI total, a new peak. quarters of 1955.
far this year—at seasonally adjusted
annual rates—are much greater than
in 1962 in the case of automobile paper,
hut are about the same as last year in
the case of other consumer goods paper,
repair and modernization loans, and
personal loans. With auto sales at
their best rate since 1955, the $2.8
billion (annual rate) net increase in
auto paper in the first half of 1963 was
Rise centers infixed investment
higher than in any year since 1955, V>ROSS National Product in the
Business fixed investment—prowhen the rise totaled $3.6 billion. For
spring quarter continued to move ahead ducers7 durable equipment and nonresiother consumer goods paper and repair
at the moderate pace that has been dential construction—rose by $!}>> biland modernization loans, however, the
evident since early 1962. Total na- lion, and residential construction was
rate of advance in 1963 has been much
tional output rose by $8 billion from the up more than $2 billion, at seasonally
less than in 1959, the previous peak.
first quarter to reach a $579 % billion adjusted annual rates. These gains
annual rate, a gain of $27 billion over more than offset drops in the previous
Credit and income
A comparison with the flow of income a year ago. With prices still moving quarter or two and carried the totals
provides one way of evaluating the slowly upward, the latest quarterly out- to record highs.
recent level and change in the volume put advance of \% percent in current
These swings in fixed investment reof credit. At the end of June 1963, the dollars reflected a 1-percent increase in sulted in part from the unusually severe
volume of credit outstanding totaled real terms.
winter which depressed construction
$50 billion and constituted some 12% Strong gain in final purchases
during the first quarter and, conversely,
percent of disposable personal income
The spring gain in economic activity accentuated the spring gain. However,
(DPI). While this was a record propor- featured both a sharp rise in final pur- the sharpness of the second quarter
tion, it appeared to be approximately chases—the largest in a year—and a gains, the reports of the anticipatory
in line with the long-term growth in major shift in the composition of de- surveys pointing to a sustained investcredit over the past decade.
mand. (See chart on page 1.) Final ment rise through the year, and the
Typically, the ratio of extensions to sales were up by $8/2 billion, as against continuing strength shown by building
income shows a pronounced cyclical a $5/2' billion rise a quarter earlier. permits data, all indicate a basic adpattern, reflecting the marked swings Moreover, after two quarters of sub- vance in fixed investment.
in purchases of consumer durable goods. stantial advance in consumption and
Recent and prospective gains in
With a continued long-term growth in government purchases, and relative business capital outlays are reflecting
the proportion of goods purchased on weakness in fixed investment, the
the added plant and equipment recredit, and with the business expan- strength of demand shifted to investsion now nine quarters old, recent ment. After an increase from the quirements that have come from the
extensions have been at a new peak fourth to the first quarter, inventory increases in consumer, government and
relative to income. For the past three investment in the second quarter was foreign buying registered over the past
quarters the ratio has been approxi- little changed from the first quarter year. In addition, liberalization of
depreciation guidelines and the investmately 15 percent. In the third quarter rate.
GNP Registers Another Moderate Advance
SURVEY OF CURRENT BUSINESS
August 1063
inent tax credit enacted last year have
increased corporate cash flow and
tended to stimulate new plant and
equipment spending. There was an
abundance of credit available throughout the second quarter—especially in
the home mortgage market—and longterm interest rates continued to show
little change.
Supplementing these gains in fixed
investment, net exports rose by more
than $1 billion in the spring, the first
rise in a year. The gain reflected a
spurt in exports which was influenced
by the termination of the dock strike
toward the end of the first quarter.
All told, demand in these two areas
was up $5 billion, in sharp contrast
with a net decline of nearly $2 billion
in the previous quarter.
Consumer buying up slightly
On the other hand, consumer buying
of both durable and nondurable goods
advanced very little from the first
quarter to the second; the increase in
service outlays continued.
Personal consumption expenditures
for durable goods, at $51 billion, have
been about unchanged for the last three
quarters.
Automobile sales in the
spring continued at the very high pace
first reached last autumn, when the
1963 models were introduced. On a
seasonally adjusted basis, quarterly
unit sales of new cars (including imports) have been at about 7.5 million
annual rate in each of the last three
quarters.
The $2 billion rise in auto expenditures from a year ago to a second quarter 1963 total of $22% billion, reflected
a one-tenth gain in new unit sales,
some upgrading in the mix of purchases
toward larger models with more
"extras," and strength in the used car
market.
Although consumer purchases of durables other than autos, at nearly $29
billion, have changed little since last
autumn, they are up nearly $1% billion
from a year ago.
Consumer purchases of nondurable
goods at $166 billion were little changed
from the first quarter reflecting a drop
in apparel buying and a gain in food.
The second quarter gain in food spend-
Table 1.—Gross National Product in Current arid Constant Dollars (1-3,
1962
1960 1961 1962
II
III
1962
1963
IV
I
1-5)
II
1960 1961 1962
Seasonally adjusted at
annual rates
II
III
1963
IV
I
II
Seasonally adjusted at
annual rates
Billions of 1954 dollars
Billions of current dollars
502.6 518.2 554.9 552.4 556.8 565.2 571.8 579.6 439. 9 447.7 474.8 474.0 475.6 481.4 485.3 489.4
Gross national product
Personal consumption expenditures
328.2 336.8 355.4 352.9 356.7 362.9 367.4 370.4 298.1 303.6 317.6 315.9 318.6 322.9 325.5 327.0
44.9 43.6 48.2 47.5 47.7 50.5 50.6 51.0 42.2 41.5 45.6 44.7 45.0 47.8 48.1 48.0
. _ 151.8 155. 1 161. 4 160.6 162. 5 163.6 165. 3 165. 9 141.4 143.3 147.8 147.4 148.8 148.9 150.1 150. 5
131.5 138.0 145. 7 144.8 146.6 148.9 151.4 153. 5 114. 5 118. 9 124.3 123.8 124.8 126.2 127.3 128.5
Durable goods
Nondurable goods
Services
Gross private domestic investment
71.8 69.0 78.8 79.6 78.9 78.8 77.8 80.7 60.2 57.5 65.2 66.0 64.8 65.2 64.6 66.4
__
40.7 41.6 44.4 44.5 46.0 45.0 43. 7 45.8 34.4 34.7 36.7 36.8 37.8 36.9 35.7 37.3
Residential nonfarm
Other
21.1 21.0 23.2 23.3 24.2 23.7 22. 7 24.8 18.2 18.2 19.8 19.9 20.6 20.2 19.2 20.9
19.7 20. 5 21. 2 21.2 21.7 21.2 21.0 21.0 16.2 16.6 16.8 16.9 17.2 16.8 16.5 16.4
New construction
Producers' durable equipment _. 27.6 25. 5 28.8 28.7 29.3 29.9 29.0 30.7 22. 7 21.0 23.8 23.6 24.2 24.8 24.0 25.3
Change in business inventories.
Nonfarm
Farm
Net exports of goods and services.
Exports
Imports
Government purchases of goods
and services
National defense
Other
Less: Government sales
State and local
1.9
5.5
6.5
3. 6
4.0
5.1
4.3
3. 1
1.7
4.8
5.7
2.9
3.4
4.9
3.8
1.6
2
4.3
5.2
2.4
.6
2.9
.6
4.1
.8
3.1
.6
2.3
1.8
2.6
2.3
1.4
1.8
2.8
3.2
.3
1.5
.3
4.9
.7
5.8
.7
2.8
.8
3 2
.8
4.3
.8
3.6
.6
2.9
.3
3.0
4.4
3.8
4.4
4.1
3.3
3.6
4.8
1.7
26.3 27.5 28.9 29.5 29.4 28.8 28.6 30.7 24.9 25.5 27.0 27.6 27.6 26.9 26.7 28.7
23.3 23.1 25. 1 25.0 25.3 25.5 24.9 25.9 23. 2 23.3 25.2 25. 1 25.3 25.5 24.9 25.9
_ _
Federal
3.5
99.6 107.9 117.0 115.5 117.0 120.2 123.0 123.8 79.9 84.3 90.2 89.5 89.9 91.9 93.4 93.2
53.1 57.4 62.4 61.9 62.4 63.6 65.5 66.5 42.3 44.8 49.0 48.8 48.8 49.6 50.6 51.0
45.7 49.0 53.3 52.9 53.5 54.3 56.4 56.7
8.0 8.9 10.0 9.8 9.7 10.4 10.1 10.6
.8
.8
.8 1.1 1.0
.8
.6
.6
_.. 46.5 50.6 54.6 53.6 54.6 56.6 57.5 57.3 37.6 39.5 41.2 40.7 41.1 42.3 42.9 42.1
CHANGE IN BUSINESS INVENTORIES
Billion $
10
TOTAL
10
DURABLE GOODS
10
NONDURABLE GOODS
1
2
3
4
'
1962
1
2
1963
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
63-8-2
ing was another in a series of advances
that have been registered in each quarter since early 1962. During this
period, food purchases have gone up
by nearly 6 percent, to reach a seasonally adjusted annual rate of $86% billion.
With food prices rising about 2 percent
since the start of 1962. there was a
gain in real consumption of about 4
percent.
Government up slightly
Federal and State and local government outlays—possibly because of temporary factors—were also up only a
little. Government buying at all levels
had risen substantially during the
autumn-winter slowdown in fixed investment, and had sustained the moderate economic advance during that
period. The second quarter leveling
off in State and local purchases resulted
from a drop in construction outlays—
after two quarters of vigorous advance
•—which approximately offset the continued uptrend in payrolls. Highway
building, in particular, fell back sharply,
A $1 billion increase in Federal outlays to $66% billion was only half as
SURVEY OF CURRENT BUSINESS
great as that recorded in the first
quarter and reflected small gains in both
the defense and nondefense areas. A
military pay increase is scheduled to
become effective early in the fourth
quarter and civilian pay goes up the
first of 1964.
In total, demand by persons and
governments increased by only $3% billion in the second quarter and accounted
for less than half the rise in GNP. In
the previous quarter, demand in these
sectors was up by better than $7/2 billion—or more than the full rise in
national output.
Index
140
130
120
August 196c
stemmed from divergent movements ii
the nondurable and durable goods areas
Following
a period of substantial rise
Nearly the entire gain of $8% billion
nondurable
inventories were up onh
in final takings was reflected in a rise
slightly
during
the spring quarter.
in output. At $4% billion, the pace of
A
speedup
in
the rate of accumulatior
inventory accumulation in the spring
in
the
stocks
of
durable goods firms
quarter about matched that recorded
attendant
upon
the
labor negotiations
during the winter in spite of the steel
in
the
steel
industry,
about made up foi
stockpiling that preceded the settlethe
lower
rate
of
investment
in the
ment of the steel industry negotiations.
nondurable
goods
area.
(See
chart
or
In the first quarter, a stepped-up pace
page
3).
The
inventory
statistics
or
of inventory building had augmented
durable
goods
indicate
that
there
was
a smaller gain in final purchases.
The stability in the rate of inventory less hedging this year than last against
accumulation in the second quarter a possible steel strike, although the
timing of the steel settlement was different in 1962 than in 1963. Manufacturers accumulated about 3 million
REAL GROSS NATIONAL PRODUCT
tons of steel in the opening quarter oi
In Three Recent Cyclical Advances
1962 as against 2 million in the second
quarter
of this year, on an unadjusted
Index
basis.
For
durable goods as a whole,
115
GNP
as the chart shows, the increase in
stocks during the first half of 1962
' ? 954-56
110
>^/
totaled $4 billion, at an annual rate,
while during the same period of this
105
year, it amounted to only $2 billion.
The book value additions to inventories
were somewhat greater in the
100
second quarter than in thefirst.How
ever, the volume of the stock buildup
i i
i
i
i i
was little changed as prices firmed in
0 1 2 3 4 5 6 7 8 9
*
Index *
the second quarter after having declined
140
NONDURABLE GOODS OUTPUT
DURABLE GOODS OUTPUT
fractionally in the first quarter. In
particular, the gain in steel, tobacco,
130 sugar, and other food prices was primarily responsible for the shift in the
120 inventory valuation adjustment from
positive to negative.
Inventory accumulation little
changed
'7954-56
110
110
100
100
i
0
i
i
I
i
I
1
0
120
120
CONSTRUCTION
1961-63
110
110
100
100
i
90
0
1
2
i
3
i
4
i
5
i
6
i
7
i
8
90
9
0
1
2
3
4
5
6
7
8
9
Quarters After Trough
*The cyclical troughs in GNP are 2nd qtr. 1954, 1st qtr. 1958 and 1st qtr. 1961.
Indexes based on constant 1954 dollars
U.S. Department of Commerce, Office of Business Economics
£3-8-3
The Current Expansion in
Perspective
The most recent series of gains in
production carried the volume of output
in 1963's second quarter to a point 13
percent above the low registered in the
first quarter of 1961. This record
compares favorably with the rate of
expansion for similar time spans-—nine
quarters-—in each of the two previous
periods of economic advance. Nine
quarters after the trough of the 1958
recession (the second quarter of 1960),
GNP was up 12K percent; and, in the
third quarter of 1956, it was 11^ percent
higher than at its 1954 low point.
In making these comparisons, it is
also important to note that the length
August 1963
of the economic recoveries and expansions differed in the earlier periods.
Thus, the 1961-63 upswing has already
run as long as the 1958-60 advance,
which reached its peak rate in the ninth
quarter following the early 1958 trough.
In contrast, after the 1954 low point,
activity continued to expand for a total
of 13 quarters, with an overall rise of
14 K percent from trough to peak.
Notwithstanding the average rise in
total real output, a rapid gain in productivity during the current expansion
has held the increase in employment to
modest levels. Since the cyclical low
in early 1961, employment has gone up
from 66.8 million to 68.7 million—a
gain of 2% percent. During similar
time spans—nine quarters from the
cyclical low—of the earlier periods of
expansion, the increases in employment
were greater: 4% percent in 1958-60,
and 6% percent in 1954-56.
The existence of relatively high
unemployment and excess industrial
capacity has led to only small price
rises during the current business expansion. This is in sharp contrast to the
experience during the 1954-57 expansion, when the rise in demand was
accompanied by a steady uptrend in
prices.
Expansion centers in durables
production
So far in the current period of
economic expansion, the real volume of
output of durable goods has gone
up by one-third. As the chart on
page 4 shows, this expansion is far
greater than in either of the two
previous upswings. In 1958-60, the
maximum expansion in real durable
output was 28 percent, and in 1954-56,
it was 24 percent.
The cyclical expansion in business
fixed investment through the ninth
quarter of economic expansion has
reflected mainly the rising demand for
equipment; nonresidential construction
has shown little change. Consumer
buying of autos, household furniture
and appliances, and of other durable
goods has jumped by over one-fifth
since the cyclical low in early 1961,
while total consumer buying has gone
up by less than one-tenth. In sharp
contrast to the other recent periods of
SUEVEY OF CUEKENT BUSINESS
economic advance, when Government
buying of durables was sharply reduced,
hard goods purchases by the Federal
Government have expanded steadily
since early 1961, rising by nearly
one-fifth for the period as a whole.
In general, the gains in demand for a
wide variety of durable items have been
pervasive and well sustained all during
the present business upswing, as can be
seen from the chart on page 4. The
sharp second quarter 1963 rise shown
in the chart in part reflected the stockpiling of steel which undoubtedly temporarily accentuated production of hard
goods.
(Continued on page 28)
Table 2.—Personal Income and Its Use (II-2)
[Billions of dollars]
1962
1960
II
1962
1961
1963
III
IV
I
II
Seasonally adjusted at annual rates
Personal income
__ __
Wage and salary disbursments
Commodity-producing industries. . _ . _
Manufacturing only
Distributive industries
Service industriesGovernment
__.
401.3
417.4
442.1
440.7
444.5
449.9
453.9
459.9
271.3
110.4
87.4
71.8
40.7
48.4
278.8
110.8
87.5
72.9
43.4
51.8
297.1
118.5
94.2
76.6
46.4
55.6
296.8
119.2
94.8
76.4
46.2
55.1
299.4
119.5
95.0
77.3
47.0
55.7
301.5
119.6
94.8
77.8
47.3
56.8
304.5
120.1
95.5
78.4
48.2
57.8
310.8
123.6
98.2
79.6
49.1
58.6
Other labor income
11.0
11.4
12.1
12.0
12.2
12.3
12.4
12.6
Proprietors' income
Business and professional
Farm
46.2
34.2
12.0
48.1
35.3
12.8
49.8
36.5
13.3
49.6
36.5
13.1
49.8
36.6
13.2
50.3
36.9
13.4
50.7
37.2
13.5
50.0
37.4
12.6
_ .
Rental income of persons
12.1
12.1
12.0
12.0
12.0
12.0
12.0
12.0
Dividends
Personal interest income
14.5
25.8
15.3
27.7
16.6
30.0
16.4
29.7
16.5
30.3
17.1
31.1
17.1
31.6
17.6
32.1
Transfer payments
_
Old-age and survivors insurance benefits State unemployment insurance benefits _
Veterans' benefits
Other
29.5
11.1
2.8
4.5
11.1
33.6
12.6
4.0
4.8
12.2
34.8
14.3
2.9
4.8
12.8
34.4
14.3
2.7
4.7
12.6
34.6
14.5
2.7
4.7
12.8
35.9
14.8
3.2
4.9
13. 0
37.0
14.8
3.0
4.9
14.2
36.5
15.4
2.6
5.0
13.5
Less: Personal contributions for social insurance..
9.2
9.5
10.2
10.2
10.3
10.3
11.5
11.7
51.4
44.0
7.3
52.9
45.1
7.8
57.7
49.0
8.7
57.9
49.3
8.6
58.1
49.4
8.7
58.5
49.7
8.8
59.4
50.0
9.4
59.9
50.4
9.6
Equals: Disposable personal income
349.9
364.4
384.4
382.7
386.5
391.4
394.5
400.0
Less: Personal consumption expenditures
328.2
336.8
355.4
352.9
356.7
362.9
367.4
370.4
21.7
27.6
29.1
29.8
29.7
28.5
27.1
29.6
317.8
328.4
343.6
342.6
345.1
348.2
349.5
353.2
Less: Personal tax and nontax payments
Federal
State and local
_
Equals: Personal saving
Addendum: Disposable personal income in constant
(1954) dollars
Table 3.—Gross National Product by Major Type of Product in Current and Constant
Dollars (1-6, 1-7)
1962
1960 1961 1962
Seasonally adjusted at
annual rates
II
III
IV
I
Billions of current dollars
Gross national product
Final sales. .
Inventory change
1962
1963
II
1960 1961 1962
1963
Seasonally adjusted at
annual rates
II
III
IV
I
II
Billions of 1954 dollars
502.6 518.2 554.9 552.4 556.8 565.2 571.8 579.6 439.9 447.7 474.8 474.0 475.6 481.4 485.3 489.4
499.1 516. 3 549.3 546.0 553.1 561.2 566.6 575.4 436.8 446.0 470.1 468.3 472.7 478.0 480.4 485.6
3.5 1.9 5.5 6.5 3.6 4.0 5.1 4.3 3.1 1.7 4.8 5.7 2.9 3.4 4.9 3.8
Goods output
Final sales
_
Inventory change
257.1 259.1 278.3 277.2 278.4 281.4 286.8 289.8 233.0 233.2 249.1 248.5 248.8 251.7 256.4 257.8
. ... 253.7 257. 3 272.8 270.7 274.8 277.4 281.7 285.6 229.9 231.5 244.4 242.8 245. 9 248.2 251.4 254.0
3.5 1.9 5.5 6.5 3.6 4.0 5.1 4.3 3.1 1.7 4.8 5.7 2.9 3.4 4.9 3.8
Durable goods output
Final sales
Inventory change
96.5 93.4 104.4 102.9 105.1 104.8 107.5 112.6 84.2 81.3 91.0 89.6 91.4 91.9 94.0 97.8
94.2 93.8 101.5 99.9 102.6 103.5 106.3 109.6 82.2 81.6 88.5 86.9 89.2 90.7 93.0 95.2
2.3 -.4 2.9 3.1 2.5 1.3 1.1 3.0 2.1 -.3 2.6 2.7 2.2 1.2 1.0 2.5
Nondurable goods output
Final sales
Inventory change
Services
160.6 165.7 173.9 174.2 173.3 176.6 179.4 177.3 148.8 151.9 158.1 158.8 157.5 159.8 162.4 160.0
159.5 163.5 171.3 170.8 172.1 174.0 175.3 176.0 147.7 149.8 155.9 155.9 156.7 157.6 158.4 158.8
1.1 2.2 2.6 3.4 1.2 2.6 4.0 1.3 1.1 2.0 2.2 2.9
.8 2.2 3.9 1.3
188.8 200.4 214.5 213.5 215.2 220.2 222.5 226.5 158.8 165.3 174.4 174.2 174.8 177.5 177.8 180.2
Construction
56.7 58.6 62.1 61.8 63.1 63.6 62.5 63.3 48.1 49.2 51.4 51.3 52.0 52.2 51.2 51.4
Addendum : Au to pro due t
20.8 17.5 21.7 21.2 21.6 23.5 23.3 23.9 17.3 14.5 17.9 17.5 17.7 19.6 19.5 19.7
SURVEY OF CURRENT BUSINESS
August 1963
Table 6.—Personal Consumption Expenditures by Major Type (II-6)
[Billions of dollars]
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1-17, 1-18)
[Billions of dollars]
1
1962
1960
1960
1961
1962
II
III
I
IV
1961
1962
579. 6
50.6
^•^
.. 459.6 473.8 505.5 503.3 507.1 515.1 521.2
528.4
Less: Indirect business tax and nontax
liability
,
46.4 49.1 53.0 52.7 53.3 54.1 55.2
Business transfer payments
2.3 2.3
2.3 2.3 2.3 2.3
2.2
Statistical discrepancy
-3.0 -1.9 -1.8 -2.5 -2.6 -1.9 -2.3
56.0
2.3
Equals: Net national product
Plus: Subsidies less current surplus of
government enterprises
Equals: National income.. _ _ _
.5
44.3
1.7
1.7
49.2
49.7
1.4
1.7
50.1
1.6
n.a.
n.a.
44.5
43. 8
47.0
46.5
20.6
21.4
23.9
23.9
0
0
0
0
Plus: Government transfer payments
27.3 31.3
to persons
Net interest paid by govern-,
j
7.8 • 7.7
ment
14.5 15.3
Dividends
2.2 '2. 3
Business transfer pavments
:
IV
I
II
46.1
49.3
48.8
n a
24.0
24.2
26.5
27
0
0
0
32.5
32.1
32.3
33.6
34.7
8.0
16.6
2.3
7.9
16.4
2.3
8.1
16.5
2.3
8.2
17.1
2.3
8.3
17.1
2.3
328.2 336.8 355.4 352.9 356.7 362.9 367.4
Durable goods total
43.6
48.2
47.5
47.7
50.5
50.6
51.0
Automobiles and parts
18.8
17.1
20.4
20.1
19.8
22.2
22.0
22.3
Furniture and household equipment
Other
vine*.
19.1
19.2
20.2
19.8
20.3
20.6
20.9
20.7
7.6
7.6
7-6
7.7
7.7
8.0
151.8 155.1 161.4 160.6 162.5 163.6 165.3
165.9
Nondurable goods total
_ __
Clothing a n d shoes _ _ _ _ _ _ _
-°
79 5
81.1
84.2
83.9
85.0
85.2
85.8
86.3
28.1
28.6
29.8
29.5
29.9
29.9
30.2
29.7
13.0
Gasoline a n d o i l _ _ _ _ _ _ _ _ _
11.7
11.9
12.3
12.2
12.3
12.6
12. 8
32.5
33.6
35.1
35.0
35.3
35,8
36.5
36.9
131. 5 138.0 145.7 144.8 146.6 148.9 151.4
153.5
Services total
IIous i ng
41.9
44. 1
46.6
46.3
46.9
47.6
48.2
48.8
Household operation
i9 5
20.4
21.5
21.5
21.5
21.8
22. 2
22.4
10.7
10.7
11.3
11.3
11.4
Ik 6 . 11.8
12. 1
59. 5
62.8
66.2
65.8
66.7
67.8 .69.1
70.2
:
Transportation
401.3 417. 4 442.1 440.7 444.5 449.9 453.9
7.1
Other
34 . 2
17. 6
2.3
370.4
44.9
Food and beverages _ _
.7
414.5 426.1 453.7 452.4 455.5 462.2 466.7
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance.
__
Excess of wage accruals over
disbursements
Equals: Personal income
49.4
III
Seasonally adjusted at annual
rates
Good a n d o c r i
502.6 518.2 554.9 552.4 556.8 565.2 571.8
Less: Capital consumption allowances. 43.0
II
II
Seasonally adjusted at arjmual
rates
Gross national product- _ _
1963
1963
1962
Other
.
_ _ _ _ _
'
Table 7. — Foreign Transactions in the National Income Account
(IV-2)
[Billions of dollars]
Table 5.—Government Receipts and Expenditures
(III-3, III-4)
[Billions of dollars]
1960
1962
1960
1961
1962
II
III
IV
I
Personal tax and nontax receipts _ .
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance _
Federal Governmen t expenditures
Receipts from abroad
n.a.
44.0
21.0
45.1
20.7
49.0
20.8
49.3
20.7
49.4
20.5
49.7
21.5
50.0
21.5
50.4
n.a.
14.0
17.6
14.2
18.2
15.2
20.4
15.2
20.4
15.2
20.5
15.4
20.5
15.7
22.8
16.0
23.3
108.6 109.1 112.4 114.5
115.3
Purchases of goods and services
53.1
57.4
62.4
61.9
62.4
63.6
65.5
66.5
Transfer payments
To persons
__
Foreign (net)
23.8
22.2
1.6
27.4
25.9
1.6
28.3
26.7
1.6
27.8
26.3
1.5
28.1
26.6
1.5
29.2
27.6
1.5
30.1
28.6
1.5
29.7
28.0
1.8
Grants-in-aid to State and local
governments
6.3
7.0
7.7
7.7
7.5
8.1
8.2
8.5
Net interest paid.
7.1
6.9
7.2
7.1
7.2
7.3
7.4
7.5
Subsidies less current surplus of
government enterprises
2.8
4.1
4.2
4.2
3.9
4.2
3.4
3.0
3. 5 -4.5
-4.3
Surplus or deficit (— ) on income and
product account
State and local government receipts
Personal tax and nontax receipts _ _
Corporate profits tax accruals
Indirect business tax and nontax
accruals
Contributions for social insurance.
Federal grants-in-aid
State and local government expenditures _ _ _ _ _ _ _
_
Purchases of goods and services
Transfer payments to persons
Net interest paid
Less: Current surplus of government enterprises
Surplus or deficit (— ) on income and
product account
Payments to abroad
Imports of goods and services
Net transfer payments by Government
_ _
Net foreign investment.
III
IV
II
I
-3.6 -5.3
-4.6
n.a.
50.4
54.3
59.0
58.7
59.2
60.7
62.2
n.a.
7.3
1.3
7.8
1.3
8.. 7
1.4
8.6
1.4
8.7
1.4
8.8
1.4
9.4
1.4
9.6
n.a.
32.5
3.0
6.3
34.9
3.2
7.0
37.8
3.5
7. 7
37.6
3.5
7. 7
38. 1
3.6
7.5
38.7
3.6
8.1
39.5
3.7
8.2
40.0
3.8
8.5
50.0
54.4
58.7
57.6
58.6
60.8
61.8
61.7
46.5
5.0
.7
50.6
5.5
.8
54.6
5.8
.8
53.6
5.7
.8
54.6
5.7
.8
56.6
5.9
.8
57.5
6.1
.9
57.3
6.2
.9
2.2
2.4
2.5
2 5
2.5
2.6
2.6
2.7
.4
-.1
.4
1.1
.6
1
.4
n.a.
26.3
27.5
28.9
29.5
29.4
28.8
28.6
30.7
26.3
27.5
28.9
29.5
29.4
28.8
28.6
30.7
26.3
27.5
28.9
29.5
29.4
28.8
28.6
30.7
23.3
23.1
25.1
25.0
25.3
25.5
24.9
25.9
1.6
1.4
1.6
2.9
1.6
2.2
1.5
3.0
1.5
2.6
1.5
1.7
1.5
2.2
1.8
3.1
Table 8.—Sources and Uses of Gross Saving, Seasonally Adjusted
Quarterly Totals at Annual Rates, (V-2)
[Billions of dollars]
1963
1962
1960
1961
1962
"1
III
IV
I
II
Seasonally adjusted at annual
rates
Gross private saving
-3.0
II
Seasonally adjusted at annual
rates
Exports of goods and services
98.2 105.4 105.6 105.6 107.1 110.0
93.1 102.8 109.8
1962
II
rates
96.6
1961
1963
Seasonally adjusted at annual
Federal Government receipts
1963
1962
.
__
Personal saving
Undistributed corporate profits
Corporate inventory valuation
adjustment
Capital consumption allowance
Excess of wage accruals over
disbursements
_ _ ._
Government surplus on income and
product transactions
Federal
State and local
Gross investment-
72.3
78.4
86.7
86.9
87.1
87.8
86.4
n.a.
21.7
7.5
27.6
6.5
29.1
8.1
29.8
8.2
29.7
7.8
28.5
8.4
27.1
8.3
29.6
n.a.
.2
43.0
.0
44.3
.2
49.4
— 2
49^2
-.1
49.7
.9
50.1
.4
50.6
n.a.
51.3
.0
.0
.0
.0
.0
.0
.0
.0
3.9 -4.7
Gross private domestic investment
.
. . _ _ 71.8
1.4
Net foreign in vestment. .
Statistical discrepancy ._
-3.9 -1.9 -3.0 -5.4 -4.2
3 5 -4.5 -4.3 -3.0 -3.6 -5.3 -4.6
-^
.4
.4
.4
1.1
.6 -- 1
73.2 71.9 81.0 82.6 81.6 80.5 79.9
69.0
2.9
78.8
2.2
79.6
3.0
78.9
2.6
-3.0 -1.9 -1.8 -2.5 -2.6
78.8
1.7
77.8
2.2
-1.9 -2.3
n.a.
n.a.
n.a.
83.7
80.7
3.1
n.a.
August 1963
SURVEY OF CURRENT BUSINESS
Personal Income by States in 1962
Record Dollar Volume in All StatesMost Major Industries Share in Expansion
the importance of manufacturing as an
income source in each State.
Manufacturing operations played an
especially strong part in boosting the
income flow in the Great Lakes and
Southeast regions. In the former, recovery from recession was the main
element making for an above-average
upturn. In the Southeast, both recovery and continued long-term growth
were important contributors to the
region's 1961-62 expansion of 10 percent—largest relative gain in the Nation—in the earnings of individuals in
manufacturing.
Farm income, though of much less
importance than manufacturing in the
income structure of most States, was
by far the major factor influencing income change in a half dozen States with
top-ranking gains in 1962. These included the Dakotas, Nebraska, Montana, Idaho, and Utah. In each case,
however, the exceptionally large upsurge in farm income followed a decline
in the preceding year.
Nationally, government income disbursements and earnings from trade
and service activities, which comprise
nearly one-half of total personal income,
rose $11 billion in 1962. Rates of
change in these 3 major industries were
Industrial developments
generally similar among individual
Nationally, earnings of persons en- States. This geographically pervasive
gaged in manufacturing accounted for expansion added considerable buoyancy
$7.2 billion of the $25 billion rise in to the income flow last year and contotal income from 1961 to 1962. tributed heavily to the uniformity of
Regionally, the pattern of change in regional income gains.
manufacturing earnings reflected the
uneven rate of recovery of the various Per capita income
States from the 1961 recession low and
As shown in table 2, per capita
personal
income in 1962 amounted to
i This 7'cport serves to update through 1962 the Office of
Business Economies' annual series on personal income by
a record $2,366 for the country as a
States. Preliminary estimates of personal income by States
whole—4 percent above the 1961 averin 1962 were published in the April issue of the Survey.
That issue also contained an account of major economic
age of $2,267. By Stu-t.es, average indevelopments in the regional distribution oi income in 1962
come in 1962 varied from $3,278 in
as well as a summaiy of regional income trends since 1957.
Jt EKSONAL
income—the
most
comprehensive measure of economic
activity available on a geographic
basis—was at a record dollar volume
in all States and the District of
Columbia last year accompanying a
general expansion in employment and
productivity. 1
For the Nation as a whole, personal
income in 1962 rose by approximately
$25 billion to a new high of nearly $440
billion, 6 percent above the 1961 total.
This dollar expansion represented a 5
percent gain in real income—or new
purchasing power—as consumer prices
rose by about 1 percent.
The largest dollar increases in 1962
were scored in the Mideast ($5.2
billion), the Great Lakes ($4.7 billion),
the Southeast ($4.5 billion), and the
Far West ($4.4 billion). These topranking gains were mainly a reflection
of the large economic size of these
regions; residents of these four areas
receive three-fourths of all personal
income in the Nation. In relative
terms, however, the pace of economic
expansion was in excess of the national
average only in the Far West and
Southeast.
Nevada, to $1,285 in Mississippi. In
addition to Nevada, others in the top
rank with per capita incomes of more
than $2,500 last year, include Delaware
($3,102), Connecticutt ($3,089), New
York ($2,930). California ($2,898), New
Jersey ($2,887), Illinois ($2,844),'Massachusetts ($2,769), Maryland ($2.683),
and Alaska ($2,667). In the District
of Columbia, per capita income rose to
a record high of $3,219.
In most States and regions, population changes approximated the nationwide increase of 2 percent, and geographic shifts in average incomes as a
rule paralleled those in aggregate income, although at a lesser rate. In a
few States relative changes in population and income differed significantly.
Generally, this occurred in those States
where population gain was a primary
factor in total income growth and as a
result increases in average incomes
were of less-tban-average proportions.
Scope of this Report
Estimates of total income for the
years 1954-62 and of per capita income
for 1950-62 are shown in tables 1 and 2
of this report. Comparable figures
back to 1929 may be found in tables 1
and 2 of "Personal Income by States
Since 1929," a supplement to the
SURVEY.
Industrial breakdowns of income
Tables 4-62a present a detailed
breakdown of income in each State for
the years 1960-62 both in terms of
industrial source and types of income.
Comparable information for 1929
through 1953 is contained in the Personal Income supplement noted above.
Figures for 1954-56 may be found in
the August 1959 issue of the S U K Y E Y ;
for 1957, in the August 1960 SURVEY;
for 1958, in the August 1961 SURVEY and
SURVEY OF CURRENT BUSINESS
8
for 1959, in the August 1962 SURVEY.
Table 63 of this issue of the SURVEY
contains a breakdown of personal income by broad industrial source in 1962.
For the same year, table 70 provides
for each State an industrial distribution
August 1963
of civilian earnings from current production; the combined total of civilian
wage and salary disbursements, other
labor income, and proprietors' income.
These three flows account for about
four-fifths of total income and afford a
comprehensive picture of the industrial
structure of the various State economies.
They also serve as an indicator of the
industrial distribution of income produced in each State. Tables 63-69
of the Personal Income Supplement
Table I.—Percent Changes in Industrial Sources of Personal Income, by States and Regions, 1961-62
Broad industrial sources of income
NonTotal
perFarm
farm
sonal income income
income
State and region
Income received by persons for participation in current production
Government income
disbursements
Federal
Total
Private
nonfarm
income
All
private
nonfarm
industries
State
and local
Finance,
Contract Manu- Wholeinsurconstruc- factur- sale and ance, and
tion
ing
real
retail
estate
trade
Mining
Communications and
public
utilities
Transportation
Services
United States..
6
3
6
6
4
8
6
6
0
5
8
5
5
4
4
7
New England
5
-3
6
4
3
6
6
6
-3
6
6
5
4
3
4
7
4
6
4
0
0
-23
4
6
7
3
4
3
1
4
2
6
4
5
5
7
4
7
5
-8
0
0
9
2
6
3
8
6
4
5
-2
2
7
3
3
—1
4
7
10
5
6
6
2
-12
6
5
6
6
5
6
1
4
4
8
6
11
5
5
6
7
5
5
7
-4
-8
-1
5
6
10
5
6
5
6
6
4
3
4
4
5
3
4
2
4
5
7
5
-17
5
5
3
9
5
5
-1
8
5
4
3
4
3
6
0
5
6
4
6
4
3
2
3
0
10
6
8
5
6
4
4
6
4
4
14
-3
11
6
4
4
6
4
-17
—7
-26
5
4
5
2
3
3
2
2
7
3
3
2
2
5
7
4
6
-10
5
8
6
9
6
3
8
9
9
2
5
8
8
5
8
8
0
1
-1
12
15
6
6
7
5
6
6
4
6
8
-6
7
5
2
6
11
6
14
8
5
-3
6
3
0
6
6
6
0
5
3
4
3
6
5
6
5
6
2
1
2
-3
1
1
6
4
5
8
6
7
8
6
7
-3
4
-1
5
j
2
3
9
-10
-11
1
12
7
10
5
5
6
2
4
3
5
3
2
2
3
2
7
5
6
5
4
5
6
5
3
3
1
8
7
5
6
5
6
0
-1
-1
7
8
4
5
3
4
5
4
3
5
6
7
7
20
5
4
3
7
6
5
0
5
7
5
5
3
3
6
4
4
5
-11
6
4
5
4
5
5
2
1
3
5
9
8
6
4
5
6
4
5
4
4
-4
6
9
5
8
4
5
3
5
3
6
4
1
2
4
1
4
6
5
5
45
15
9
4
342
49
40
—6
8
6
4
4
3
6
2
3
1
5
7
5
9
8
6
6
8
8
5
6
-6
8
-10
33
4
1
8
10
6
8
7
7
3
6
4
3
19
2
3
4
4
5
2
1
10
6
6
7
7
8
8
0
8
10
8
6
4
5
8
9
3
8
2
1
0
11
0
21
11
5
9
8
2
6
10
1
5
2
3
6
6
1
4
10
5
5
1
2
0
5
5
11
9
10
11
6
8
9
6
6
6
5
9
8
3
6
8
8
Maine
New Hampshire
Vermont
Massachusetts .
Rhode Island.
Connecticut
_
Mideast
New York
_ __ _
New Jersey
Pennsylvania
Delaware _
Maryland _
District of Columbia
Great Lakes
Michigan
Ohio
Indiana .
_
Illinois
Wisconsin
Plains
Minnesota
Iowa
Missouri..
- -
North Dakota _
•Jouth Dakota
\ebraska
Southeast
_ -
7
5
-2
5
7
9
2
1
9
—1
4
9
8
7
9
3
6
8
4
7
4
9
9
12
7
8
9
7
8
10
9
9
6
9
8
8
9
8
8
9
9
5
9
10
— 11
-1
-11
8
6
8
6
6
12
9
3
2
8
5
9
9
6
5
-7
6
6
7
<;
5
4
4
5
9
-18
-6
—5
4
6
5
5
9
8
6
5
7
14
6
6
6
10
5
7
5
8
8
31
6
8
7
10
6
Virginia
West Virginia
Kentucky
9
3
3
-17
3
9
3
6
Tennessee
North Carolina
^outh Carolina. _
6
X
g
2
4
8
9
9
X
6
13
—8
9
5
5
5
Georgia
Florida ._
\labama
.
.
Mississippi
Louisiana
Arkansas _ _
__
Southwest
Oklahoma.. _ _.
Texas
New Mexico . . .
\rizona
_
Rocky Mountain
Montana
Idaho
Wvoming. .
Colorado
Utah
_ ..
_ . ______
Far West
Washington-.
Oregon
Nevada
California
Uaska
Efawaii
7
9
16
9
3
134
25
4
6
3
2
4
7
9
0
1
6
10
7
8
1
A
0
10
6
o
1
14
-12
-1
12
10
10
8
13
6
8
7
4
3
I
I
9
11
2
0
2
-6
3
4
19
14
8
6
8
5
3
10
8
2
3
4
2
12
8
6
6
5
0
4
7
6
5
5
3
7
6
8
2
-1
9
8
13
12
7
5
4
9
5
3
9
5
5
4
6
4
2
2
7
10
8
0
0
0
6
5
-4
5
7
5
7
3
5
7
-2
-1
0
31
24
-12
9
6
11
2
6
2
2
7
2
1
4
-1
3
2
6
5
9
6
8
12
2
3
4
5
5
7
7
9
8
1
0
2
5
13
31
6
9
12
9
13
6
10
15
4
9
3
9
-10
1
-10
24
8
3
8
8
5
12
8
8
0
7
9
7
7
5
6
8
7
6
20
8
5
4
7
9
1
1
5
6
11
9
11
13
8
24
7
8
6
27
7
5
3
1
-1
2
6
21
10
9
25
1
56
7
12
6
10
11
7
6
22
9
6
31
7
5
5
8
5
8
16
6
10
8
28
7
4
5
0
— 15
4
6
6
7
2
5
22
12
3
4
3
3
9
-43
3
-9
-10
3
3
6
11
14
4
7
-6
(i
12
6
5
9
SURVEY OF CURRENT BUSINESS
August 1963
present comparable data for selected
years 1929-50. Each August issue
carries these two tables in terms of the
current year. However, these tables
are not updated when revisions are
made in the various components.
Tables XIV and XV of the Personal
Income supplement, referred to above,
contain estimates of disposable income
and of per capita disposable income for
selected years 1929-53. Figures for
later years are available on request.
9
Copies of "Personal Income by States'
Since 1929" may be purchased from the
Superintendent of Documents, U.S.
Government Printing Office, Washington, D.C., 20402, or from the nearest
Department of Commerce Field Office.
Table 1.—Total Personal Income, by State and Regions, 1954-62
Table 2.—Per Capita Personal Income, by States and Regions, 1950-62
Table 2 (dollars)
Table 1 (millions of dollars)
State and region
1954
United States
1955
1956
1957
1958
1959
19601 1961 i
19621
1950
285,339 306, 598 330, 380 348, 724 357, 498 381, 326 399, 028 414, 954 439, 661 1,491
New England
18, 857 20, 200 21, 642 22, 793 23, 339 24, 701 25, 904 26, 987 28, 456
Maine- - - - _
Xew Hampshire-- .. Vermont
Massachusetts
Rhode Island
Connecticut
.
1,312
894
543
1 452
952
567
1, 532
1, 006
606
1,590
1,071
628
1, 654
1, 097
649
1,717
1, 201
697
1, 820
1, 266
734
1.842
1,313
750
1,915
1, 394
782
1954
1951
1952
1,649
1,727 1,788 1,770
1953
1955
1956
1957
1958
1960 1 19611 1 962 J
1,866 1,975 2,048 2,064 2,163 2,217
1,629 1,823 1,908 1,958 1, 938 2,076 2,214
2,267 2,366
2,298 2,302 2, 380 2,465 2,558 2,673
1, 193 1,300 1,427 1,431 1, 431 1, 575 1,644 1,686 1,748 1,792 1,871 1,865 1.917
1,316 1, 470 1,527 1, 570 1, 614 1.712 1,774 1, 859 1,878 1, 995 2, 075 2, 1 18 2", 20fl
L188 1,328 1,396 1, 434 1,448 1, 528 1,612 1,666 1,708 1,806 1, 892 1,933 2, OOS
9,403 10, 056 10, 719 11,346 11, 66* 12, 381 12, 952 13, 572 14, 290 1,663 1, 845 1,916 1,957 1,936 2, 085 2, 22^ 2, 329 2,349 2,436 2, 518 2, 641 2. 769
1 515 1,617 1,677 1, 694 1,738 1,832 1,875 1, 943 2. 052 1, 652 1,815 1,846 1,898 1,854 1,960 1, 989 1, 984 2, 021 2, 145 2, 193 2', 259 2,372
5, 190 5, 556 6, 102 6,464 6. 533 6,873 7, 257 7,567 8,023 1,900 2,200 2, 322 2, 400 2, 351 2,489 2, 716 2,813 2,720 2, 755 2,858 2: 957
...
73, 231 78,014 84, 058 88, 586 90, 029 96, 100 9S, 666 103, 280 108, 445
Mideast
Xew York
Xew Jersev ..
Pennsylvania
1, 759 1,914 1,994 2,076 2, 051 2, 153 2,302 2,406 2,407 2,524 2,583 2, 643 2S74K
1,882 2, 002 2, 079 2, 147 2, 161 2. 270 2, 420 2,542 2,564
1,790 2, 000 2, 114 2, 216 2, 214 2, 304 2,429 2, 535 2, 495
1, 566 1,734 1, 795 1, 902 1,813 1, 915 2., 065 2,149 2,133
1, 455 2, 146 2, 285 2,395 2,510 2, 475 2,718 2,980 2 ^03 2, 855
8. 562 1, 580 1,767 1, 884 1,967 1,924 1, 952 2, 103 2^220 2,233
2,524 2,179 2.344 2,411 2.276 2.244 2.434 2, 644 2, 668 2, 759
34, 189 36, 508 39, 023 41, 190 42, 061 45, 197 46. 837 48, 609 50, 985
11, 622 12, 351 13, 379 14, 205 14, 404 15, 499 16, 193 17, 047 18, 032
19, 572 20, 706 22, 410 23, 525 23, 582 24, 757 25, 539 25, 946 26, 887
Delaware Maryland
District of Columbia
906
5 084
1, 858
1, 049
5 453
1,947
1,204
5, 998
2,044
1,215
6,381
2,070
1,222
6, 641
2, 119
1,299
7,133
2,215
1,348
7, 453
2.296
1,382
7, 938
2, 358
_ _ 64, 894 70, 208 75, 341 78, 469 77, 939 83, 188 86,232 88, 015 92, 737
Great Lakes.. .. .
1959
1,660 1,872
2,720 2,778 2, 830 2, 930'
2,601 2, 663 2, 770 2.88;
2,204 2, 256 2, 285 2, 363
2.959 3. 002 3, 004 3, 102
2,338 2. 398 2, 523 2, 683
2,888 2, 993 3.. 027 3, 21 fr
1,945 2,053 1,96S 2,094 2,207 2,260 2,200 2,319 2,375 2,399 2,504
Michigan
Ohio
Indiana -
14, 127 15, 785 16, 587 16,923 16,540 17, 467 18, 173 18, 121 19, 307
17,241 18, 589 19, 901 20, 906 20, 494 21,977 22, 722 23, 090 24, 154
7,623 8,251 8,859 9,212 9, 123 9,741 10,211 10, 461 11,078
Illinois .
Wisconson..
19, 751 20, 968 22, 857 23, 941 24, 100 25, 693 26, 564 27, 471 28, 857 1,826 2, 035 2, 095 2,197 2.174 2,272 2,440 2, 505 2,451 2, 576 2,636 2,723 2, 844
6,152 6,615 7,137 7,487 7,682 8,310 8, 562 8, 872 9,341 1,467 1,697 1,760 1,784 1,709 1, 804 1.908 1,969 1,989 2.123 2, 157 2, 196
24,084 24,683 26,200 28,099 29,551 30,481 32,086 33, 153 35,383
Plains.
1,682 1,865 1, 946 2,134 2,007 2, 178 2,229 .2, 245 2,163 2,253 2,317 2.284 2, 41 fi
1, 612 1 . 867 1,954 2,018 1,924 2, 061 2,183 •2,253 2, 159 2,286 2,331 2, 325 2, 392
1, 520 1, 695 1,756 1, 913 1,787 1, 892 1, 985 2,029 1,985 2, 110 2, 188 2, 229
1,411 1,530 1,607
1,614 1,656 1,664
1,743 1,856 1,954 1,995 2,081 2,133 2,25$
Minnesota
Iowa
Missouri ..
5, 154
4,489
7, 055
5, 450
4,260
7, 579
5,768
4, 572
8,082
6,173
5, 110
8,310
6,484
5,245
8,666
6,706
5,412
9,260
7,094
5, 580
9,524
7,452 7, 770 1, 397 1,533 1, 589 1,648 1,648 1,710 1.769 1, 863 1,945 1,985 2,074 2. 161
5,824 6, 078 1,449 1,554 1,625 1,559 1,706 1,587 1,682 1.864 1,921 1,972 2, 022 2, 103
9,836 10, 362 1,446 1, 562 1,661 1,715 1, 705 1, 795 1,904 1, 951 2.044 2, 161 2,204 2,274 2,384
X T orth DakotaSouth Dakota..
Nebraska
Kansas
783
910
2, 259
3,434
872
861
2,203
3,458
917
926
2,294
3,641
939
1,091
2,638
3,838
1,049
1,124
2,736
4,247
986
1,027
2,788
4,302
1,107
1,266
3, G25
4,490
1.003
1, 292
3,079
4,667
1,459
1,489
3,369
4, 856
43, 148 47, 154 50, 971 53, 790 56, 102 59, 965 62,268 65,470 69, 998
Southeast
Virginia
Wrest Virginia
Kentucky
5, 256
2 414
3,627
5, 603
2 586
3,782
6,094
2, 878
4.022
6, 386
3,082
4,203
Tennessee
Xorth Carolina.. _
South Carolina
4, 056
5, 023
2,414
4,347
5, 535
2,604
4, 652
5,902
2,711
4,864
5, 976
2,818
4,414
5,312
3, 258
4,918
6, 088
3,708
5, 274
6, 979
3, 932
1,836
3, 756
1,782
2, 065
3, 985
1, 933
2,097
4,424
2,006
_ -
.__
Georgia
Florida..
\labama
M ississippi
Louisiana
Arkansas
_._
Southwest-- _.- .
Oklahoma
Texas
New IVfexico
\rizona
.
. . ..
1 268
1. 216
1,472
1, 3SO
1,322
1,416
1,556
1, 515
1, 232
1,244
1,670
1, 715
1, 246
1,345
1,605
1,637
1,257
1,375
1,700
1,691
1, 389
1,279
1, 620
1,662
1, 458
1, 356
1,650
1, 725
1. 493
1.600
1, 892
1, 809
1,692
1,675
1,977
1,984
1,573
1.513
1,989
1,990
1,749
1, 845
2. 129
2, 060
1. 572
1,827
2, 106
2. 126
2. 273
2, 06f
2, 276
2., 188
1,011 1,127 1,194 1,237 1,232 1, 323 1,402 1, 446 1,485 1,565 1,601 1,656 1, 743
4,347
7,043
3, 060
4. 563
7,379
3,099
4,672
7,762
3, 123
5, 005
8,428 1, 234 1. 393 1, 475 1,484 1, 509 1, 571 1,647 1, 671 1,702 1,793 1,852 1,893 2,018
3,210 1,098 1, 221 1, 290 1,307 1,253 1, 356 1, 521 1,636 1, 582 1, 635 1,676 1.730 1,810
958 1,121 1, 203 1, 250 1,246 1,297 1, 385 1,429 1, 453 1,514 1, 536 1,635 1,712
5, 276
5, OK
6,300
2,931
5, 346
6, 716
3, 142
5,494
7,138
3,300
5,842
7,628
3,476
6,185
8. 195
3, 763
995
1, 132 1,218 1, 206 1,270 1,351 1.401 1,433 1,507 1,539 1,621 1,702
1,012 1, 115 1, 152 1,172 1, 200 1,285 1,348 1, 345 1,416 1,492 1, 562 1,638 1,732
882 1,046 1,117 1, 141 1,081 1,147 1,182 1,210 1,249 1,327 1,379 1.439
5, 432
7, 763
4,206
5, 67f
8,481
4,382
6,079
9,384
4, 617
6, 368 6,605 7,213
9,843 10, 330 11, 158
4, 789 4, 946 5, 261
1,017 1,141 1,201 1,239 1,209 1,332 1,402 1,418 1, 469 1, 558 1, 609 1, 638 1.75S
1,287 1, 375 1, 457 1, 535 1, 534 1, 659 1,771 1,829 1, 855 1, 959 1,967 1,969 2. 044
869
986 1,044 1,084 1,068 1,199 1, 258 1, 325 1,360 1, 425 1,462 1,488 1,'567
2, 116
4,884
2, 060
2,281
4,929
2,144
2,490
5, 165
2, 360
2,552
5, 240
2,394
6, 641
£391
2.612
992 1.075 1, 152 1,168 1,240
855
989
994
883
886
793
2,889
5,678 1,087 1,173 1,243 1, 295 1,301 1,357 1, 461 1, 565 1, 560 1,611 1, 608 1,644 1, 70S
905
965
995 1.001 1,087 1,136 1,148 1,209 1,327 1,338 1,449 1,604
2,742
807
19, 136 20, 513 22, 105 23, 697 24, 869 26, 328 27, 190 28, 665 30, 049
1,288 1,419 1,499 1,529 1,553 1, 615 1,702 1,772 1,819 1,889 1,906 1,945
3,162 3, 341 3, 572 3, 730 3. 942 4, 083 4, 305 4,475 4,664
13, 391 14, 380 15, 422 16, 556 17, 165 18, 132 18, 486 19, 500 20, 361
1 088 1 159 1 257 1.401 1,558 1,688 1,730 1,775 1,860
1 49f 1, 633 1,854 2,010 2, 204 2, 425 2,669 2, 915 3,164
1. 146
1, 339
1,162
1, 295
1,283
1, 453
1, 290
1, 561
1,402
1, 523
1, 345
1, 655
1, 476
1. 549
1, 361
1, 610
1, 466
1, 585
1,388
1,604
1, 528
1, 645
1,434
1, 696
1,595
1, 732
1, 527
1, 816
1, 641
1, 815
1, 610
1, 806
1, 736
1,843
1,723
1,868
1,774
1, 918
1,819
1, 934
1,840
1,917
1, 806
2,013
1,866
1.965 2! 01 3
1,795 1,824
2.041 2, 097
6,174
6,670
7,285
7, 830
8,207
8,627
9,072
9,509 10, 245
1,425 1, 643 1,699 1,667 1,632 1,701 1,793 1,884 1,965 2,028 2,083 2, 104 2,205
Montana
Idaho
Wyoming
1,071
880
537
1, 158
917
570
1, 229
1,024
614
1,280
1,072
650
1,338
1,121
688
1,328
1, 18C
720
1, 363
1, 184
765
1, 344
1,240
769
1, 565
1,355
790
1, 600 1,771 1, 786 1,798 1,747 1,862 1,902 1,934 2,015 1, 991 2,004 1.920 2, 207
1,279 1,446 1, 574 1,499 1,494 1, 518 1. 654 1, 678 1,738 1, 793 1, 765 1.810 1,943
1, 623 1, 884 1,828 1, 854 1, 7SO 1, 810 1,913 2, 012 2,137 2, 215 2,284 2.172 2; 164
Colorado
Utah
2, 543
1,143
2, 783
1, 242
3, 064
1, 354
3, 367
1,461
3, 550
1, 510
3, 761
1, 630
4,039
1, 721
4. 314
1,842
4, 520
2, 015
1.444 1, 720 1,791 1, 714 1, 673 1, 758 1, 851 1 989 2,101 2,182 2.283 2. 343 2,370
1. 282 1, 458 1, 504 1, 526 1, 500 1, 556 1. 645 1, 743 1. 766 1, 859 1.910 1.962 2. 084
Rocky Mountain.
Far West
Washington
Oregon
Nevada
C a liforn ia
Alaska
Hawaii
. . _.
35, 815 39, 156 42, 778 45, 460 47, 462 51, 936 54, 557 57, 727 62, 099
1,788 1, 975 2,068 2,103 2,089 2,210 2, 326 2,397 2,430 2,572 2,625 2,687 2, 800
4, 956 5,211 5, 502 5, 832 5, 977 6, 372 6, 597 6, 950 7,471
2,919 3,139 3.398 3,400 3, 55f 3, 84f 3,962 4, 090 4,349
688
605
582
815
759
646
911 1, 098
508
27, 432 30, 224 33, 273 35, 582 37, 241 40, 9fi( 43. 183 45, 776 49, 181
1,671
1, (300
1. 938
1,839
493
893
500
952
548
1,024
537
1,098
52(
1, 158
555
1, 290
i Total
includes Alaska and Hawaii in 1960-61 but not in earlier years.
632
1,421
628
1, 520
1.81f
1, 757
2, 183
2, 037
1, 909
1.827
2, 365
2, 129
1, 965
1,808
2, 357
2, 165
1, 952
1,767
2, 363
2, 154
1, 981
1, 857
2, 425
2,297
2, 046
1,969
2,420
2, 424
2,128
1, 960
2, 514
2, 500
2,148
2. Of 0
2, 586
2, 526
2 257
•2, 190
2,720
2, 671
2. 300
2, 225
2,791
2, 725
2,, 358 2, 48!
2,229
2.874 3] 278
2. 794
656 2, 231 2, 621 2,487 2,387 2 272 2, 283 2. 491 2, 397 2, 469 2, 523 2, 760 2, 661 2, 667
1, 593 1. 403 1, 589 1, 745 1,782 1^768 1,789 1. 862 1,916 1, 946 2,118 2, 274 2. 357 2. 40*
SURVEY OF CURREXT BUSINESS
August 1963
Tables 4-27.—Personal Income
^Millions of dollars]
Table i.— United States
<.:;:,-
Table 5.— New England
Table 6.— Maine
Table 7. — New
Hampshire
Table 8.— Vermont
Item
1961
1962
1960
1961
1962
1960
1961
1962
1960
1961
1962
399, 028
414, 954
439, 661
25, 904
26, 987
28, 456
1,820
1, 842
1,915
1,266
1,313
1,394
269, 087
2,974
3, 832
68
887
1 712
1. 165
15, 619
87,411
49. 073
12, 551
5. 312
7, 239
14, 577
5, 499
4 658
4,420
8, 152
276,417
294, 695
3,013
3, 763
56
17, 775
109
18, 463
106
2S
19,508
1,177
24
2
1, 203
22
2
1,253
25
2
857
893
1
i
953
7
1
27
904
1
4, 455
3,697
28, 147
1 532
6,626
5, 030
2,017
12, 942
46, 124
12, 904
8, 058
25, 162
627
4, 620
1960
Personal inconie
Wage and salary disbursements
Farms
3
Mining
\nthracitf
Bituminous and other soft coal mining
Crude petroleum and natural sas
Mining and quarrying, except fuel
Contract construction .
Manufacturing
Wholesale and retail trade
Finance, insurance, and real estate
Banking and other finance
13
Insurance and real estate
Tra importation
U
15 1
Railroads
(
Highway freight and warehousing
!
Other transportation
!
Communications and public utilities
Telephone, telegraph, and other communications
2u
Electric, gas, and other public utilities
Services _
.
_
. .
Hotels and other lodging places
23
Personal services and private households
24
Business and repair services
Amusement and recreation
26
Professional, social, and related services
Government
Federal, civilian .
2M
Federal military
3u
State and local
3'
O t h e r industries
Other labor income _ _ _ .._
Proprietors' income
Farm
X on farm
r>:$
34
_
.
_ _
3. 070
3, 740
62
783
1 744
1, 151
15, 877
87, 469
49. 997
13. 454
5,862
7,
14,
5,
4
4,
8,
592
396
200
733
463
464
3.844
29, 900
1, 572
6,702
5,
2,
13,
49,
13,
8,
27,
532
144
950
405
750
187
468
645
769
163
903
174
852
183
125
058
992
244
1C 4
644
790
1
26
892
7, 144
3, 014
924
330
594
578
159
249
170
517
4. 808
3, 982
32, 253
1, 649
6, 909
6, 179
2,231
15, 285
53, 101
14. 515
1
1,
16,
94,
52,
14,
6,
8,
14,
5,
5,
4,
8,
111
23
3. 116
983
362
621
583
153
256
175
539
972
7,719
3. 285
1. 027
374
653
600
144
277
178
560
2
63
415
198
38
17
22
53
25
18
10
36
2
61
419
201
41
18
22
52
24
18
10
38
2
62
444
206
43
19
24
51
23
19
9
39
1
47
351
123
31
11
20
25
8
12
5
26
299
240
2, 093
88
423
358
89
1, 129
2, 771
689
485
1, 598
59
312
248
2. 264
92
442
410
94
1, 226
2, 885
694
495
1, 696
56
20
16
96
10
30
4
4
49
244
68
72
105
9
22
16
101
10
29
6
3
53
15
13
96
9
18
9
68
73
118
9
23
17
107
10
28
9
4
57
266
68
73
124
9
13
12
83
8
17
6
29, 763
671
286
231
1, 948
85
421
308
82
1, 052
2. 565
647
477
1,441
58
46
162
52
39
70
1
54
168
53
40
76
1
8,823
7,282
1
360
129
33
12
21
25
12
5
28
1960
734
457 I
16
6
1961
1 962
750
782 !
464
17
6
489 ,
13 :
6 '
_ . _
1
52
385
138
35
13
22
26
7
13
6
29
6
30
150
76
18
16
13
105
10
18
11
7
59
175
55
42
8
6
53
6
12
2
2
31
71
16
6
49
I
1
10
23
14
7
2
14
6
27
148
77
18
8
11
22
12
8
15
9
7
56
6
12
2
34
76
17
4
6
163
82
20
8
12
20
10
9
2
15
8
63
13
3
3
37
78
17
5
57
1
10, 994
11,371
12, 060
687
731
774
37
37
40
31
32
35
19
19
20
46, 236
12, 034
34, 202
48, 106
49, 808
13. 297
36, 511
2,057
2, 063
138
1, 925
2,113
126
1,987
242
75
167
210
41
169
210
39
172
116
12
104
119
11
107
122
10
112
107
36
72
106
32
74
102
25
77
12,813
35, 293
196
1, 861
Property income
52, 444
55, 034
58, 569
3, 791
3, 873
4,136
239
254
271
187
184
196
103
106
114
• Transfer payments
29, 476
33, 549
34, 729
2,176
2, 458
2, 565
165
180
185
102
114
118
66
73
75
9,206
9, 525
10, 195
581
602
639
41
43
45
27
28
30
17
17
18
o»>
Less: Personal contributions for social insur!
ance.
;
[Millions of Dollars]
Table 16.— Delaware
L::;.'j
: ..
1960
Personal income _ _
i
!
F* 1
i
'3
o4
Table 17.— Maryland
Table 18.— District of
Columbia
1960
Table 19.— Great Lakes
Table 20.— Michigan
Item
Wage and salary disbursements
Farms
Mining
Bituminous and other soft coal mining
Crude petroleum and natural tras
Mining and quarrying exceot fuel
Contract construction
Manufacturing
Wholesale and retail trade..
Finance, insurance, and real estate
Banking and other finance
Insurance and real estate
Transportation
Railroads
Highway freight and warehousing
._
o t h e r transportation .
..
(Communications and public utilities
Telephone, telegraph, and other communications
Electric, gas, and other public utilities
Services
Hotels and other lodging places
Personal services and private households
Business and repair services
Amusement and recreation . _
Professional, social, and related services
Government
- -Federal civilian
Federal, military
State and local
( M h e r industries
1961
1962
1961
1962
1960
1961
1962
1960
1961
1962
1960
1961
1962
1, 348
1, 382
1,455
7, 453
7,938
8, 562
2, 296
2, 358
2, 524
86, 232
88,015
92,731 ! 18,173
18,121
19,307
860
9
872
9
918
9
5, 405
33
5,682
1, 489
1,526
1,642
13
395
1, 44S
1,017
269
97
172
313
113
89
111
177
63, 858 12, 833
337
69
422
97
137
1
99
13
186
83
3. 130
567
27, 504
6, 253
10, 817
1. 976
2, 562
' 3-3
1.08X
172
1,474
211
3, 132
45S
1 236 1
137
1. 305
235
591
85
1.764
367
13,487 i
12
350
1, 366
959
2*3
94
15S
293
116
81
96
166
60, 000
339
416
134
97
185
3. 114
25, 26 S
lo! 326
2, 46! ;
1. 043
1.417
3, 002
1, 225
1,211
566
1,715
12, 432
30
13
1
6, 145
2.S
14
1
88
78
629
94
83
719
26
176
133
?
<»'11
(3)
66
3X6
114
31
17
15
42
15
11
16
19
66
410
121
32
10
79
2
26
11
S
11
82
3
26
12
34
112
20
34
59
1
36
120
21
33
66
1
9
10
89
3
27
14
6
40
129
22
35
73
1
394
110
30
15
14
50
16
12
2'?
\l
411
!S
12
19
33 S
1, 353
912
23 S
86
151
2S5
116
78
91
156
S2
74
583
24
161
S6
1,477
767
250
461
16
169
101
36
298
1, 606
840
252
514
340
1, 746
924
267
556
17
40
182
50
18
32
50
24
60
43
196
55
19
36
53
24
20
36
21
40
60, 142
329
437
14s
94
194
3, 200
26, 205
10. 295
2.312
960
1, 352
3 123
1, 3C9
1, 234
585
1, 676
26
6
124
844
680
22
13
250
13
67
29
6
135
860
691
87
4
92
4
26
14
278
14
69
32
6
157
913
737
82
94
4
833
844
5, 181
239
1,072
901
295
2,674
7, 300
1, 565
636
5, 099
80
849
866
5, 421
242
1,081
942
300
2, 856
7, 859
1, 649
667
5. 544
81
873
891
5,778
249
1. 096
1.016
307
3, 109
8.324
1, 750
703
5, 871
89
48
40
177
47
17
30
62
37
6
18
33
20
12
236
13
175
192
1.037
37
217
172
58
552
1.617
241
117
1, 259
10
3 ,s6
(;
12
74
533
5, 773
1, 94 <
406
1*6
220
42 S
12 ; >
221)
79
374
177
197
1,069
37
219
172
60
581
1. 727
255
134
1. 33.S
11
S3
(3)
10
73
540 '
6.484
2.051
418
190
22s
4"3
133
23 S
81
381
179
202
1, 156
33
225
191
60
642
1,842
278
147
1,417
11
Other labor income
47
48
51
181
200
212
33
37
40
2,880
2,849
3, 020
710
653
719
Proprietors' income
Farm
\ onf'inn
100
2S
71
101
25
76
104
26
630
78
552
644
182
194
199
568
682
67
615
182
194
199
8, 631
1. 926
6, 705
9, 089
2 320
6, 768
9,212
2, 253
6, 960
1, 621
248
1,372
1,674
305
1, 370
1,673
269
1. 404
302
313
333
931
1, 038
1,120
412
397
416
10, 696
11,223
11,862
2,182
2, 305
2, 443
Transfer payments
60
71
74
510
590
640
272
303
327
5,767
6,757
6,811
1,198
1,422
1,378
Less: Personal contributions for social insurance.
22
23
24
204
216
236
92
99
101
1,882
1,904
2,030
370
366
393
.
- _
Property income
;
!
SURVEY OF CURRENT BUSINESS
1963
11
by Major Sources, 1960-62
[Millions of dollars]
Table 9.— Massachusetts
Table 10.— Rhode Island
Table 11.— Connecticut
Table 12.— Mideast
Table 13.— New York
Table 14. — New Jersey Table 15.— Pennsylvania
Line
I960
1961
1962
1960
1961
12, 952
13,572
14,290
1, 875
8,922
31
12
9,288
30
12
9, 752
31
12
1
11
404
3,382
1,604
481
186
295
301
73
129
99
266
1
11
415
3,431
1,664
511
204
308
307
70
133
104
274
1
11
440
153
113
1,100
41
212
208
41
597
1,312
360
207
745
30
155
118
1,186
43
217
247
44
635
1. 430
390
209
830
30
339
I960
1962
1962
1960
1961
1962
1, 943
2,052
7, 257
7, 567
8,023
99, 666 103, 280 108, 445
1,315
1, 356
1, 443
5, 259
5, 617
68, 981
3
1
3
1
3
1
5,047
28
6
29
6
32
6
280
407
68
179
29
132
3, 575
23, 510
12. 729
3, 901
1,712
2,188
3, 716
1, 151
1, 035
1, 530
2, 168
70,611
274
369
62
153
26
128
3, 628
23, 501
12,911
4,193
1,914
2,279
3, 715
1,077
1. 071
1, 566
2, 264
1,236
1,294
1961
1961
1962
I960
1961
46, 837
48, 609
50, 985
16, 193
31,994
112
66
32, 822
34, 531
116
63
112
67
11,582
46
22
1
9
57
1
8
54
1
10
56
24, 738
13, 463
4, 343
1. 949
2, 395
3, 853
1, 073
1,144
1,636
2.333
1.615
9, 501
6.724
2,381
1, 113
1, 268
1, 665
371
389
906
1, 068
1, 649
9, 568
6, 770
2, 584
1,261
1.323
1, 669
1,844
9, 950
7,078
2,670
I, 230
1, 390
1.704
350
401
919
349
417
938
1, 104
1, 140
1,334
1,003
9, 174
700
368
4.338
727
377
j
1
67
506
221
63
23
40
40
7
20
13
40
1
72
536
234
65
23
42
43
7
23
13
41
6
284
2,346
795
296
88
208
136
32
63
41
137
19
20
126 |
20
21
135
389
210
881
29
18
20
118
4
30
13
7
64
269
70
88
111
3
4
31
15
7
69
286
75
92
119
3
369
391
50
902
35
868
933
26
907
955
25
930
1,841
1,874
1,242
1,414
294
307
6
288
6
319
2,418
2,601
826
316
97
220
137
31
64
41
145
878
330
99
231
141
30
69
42
152
4
32
16
8
75
311
76
102
133
3
74
64
498
16
120
74
23
264
507
81
65
361
14
79
66
528
17
122
78
25
285
553
86
66
401
14
83
68
571
18
129
88
26
310
575
89
63
423
13
54
56
211
220
128
6
122
132
5
128
134
4
130
561
32
529
2,007
261
261
277
1,508
172
192
197
324
51
52
54
1.747
'535
213
323
319
67
145
107
285
163
122
1,283
44
223
284
46
687
1.480
1962
1960
1961
1962
17, 047
18, 032
25, 539
25,946
26, 887
1
12, 087
12, 830
42
20
2
3
4
560
206
354
708
126
293
288
370
17,621
76
272
62
150
18
42
824
7,230
2,881
736
323
413
999
446
302
251
577
18, 463
45
24
17,650
80
305
68
177
20
41
864
7,454
2,866
697
298
399
1,024
477
301
246
551
|
1
65
501
218
60
21
39
40
8
20
13
38
3,591 :
1960
74, 527
265
372
56
151
30
136
3,969
22
653
1
24
740
508
183
326
630
134
249
247
342
20
688
4,860
2.004
539
201
338
660
127
269
264
361
175
166
186
175
190
180
250
301
263
314
1, 234
1,340
1,442
1,677
1,729
1, 838
49
285
347
68
485
48
303
390
71
527
51
298
441
75
578
77
385
243
80
892
80
384
273
81
1,422
1, 555
1, 625
2, 108
347
230
845
17
376
237
942
18
388
244
993
18
724
154
78
372
254
79
946
2,223
764
152
1, 230
1,306
4, 768
1,940
i
5, 189
2,108
421
426
441
1,839
1. 769
1,833
1, 920
1, 872
2, 116
914
259
895
748
392
4,808
267
918
1, 056
1, 134
1,218
558
115
575
3,797
11,089
3,742
1, 040
6, 306
118
603
4, 142
11,893
3.937
1,097
6, 859
120
366
1, 745
4,472
997
304
3,171
52
378
1, 855
4,724
1, 049
289
3,386
53
397
2,007
5, 104
1,063
311
3,729
55
232
2,890
2,986
3, 092
1,249
1,280
1,322
525
552
580
563
23
541
589
23
566
8,440
701
7,740
8,713
8, 773
525
8,249
1,428
1,523
78
77
66
3, 935
4,228
200
4,028
1,464
678
4,193
8. 035
4,042
272
3,769
1, 350
1, 388
1,161
1,195
1,272
14, 368
15, 092
16, 036
7,340
7,692
8,205
1,985
429
485
482
7,310
8,263
8,535
3,276
3,711
3,834
1,033
152
155
168
2,324
2, 386
2, 516
1,064
1,090
1, 133
359
932
969
8, 145
8, 551
3, 557
10, 435
3, 535
1,048
5, 852
'256
4, 520
259
73
266
56
148
19
43
864
7,698
24
4a
5
6
756
329
8
9
10
11
12
427
1,036
446
325
:266
13
14
15
16
17
591
18
263
324
19
20
21
22
23
24
25
2, 943
1, 020
2, 375
26:
27
2H
29
30
31
803
158
1,414
25
25
855
869
886
32
2,117
1,457
2,060
244
1.816
1,874
2,037
165
1,872
33
34
35'
2, 131
2,260
3,398
3,521
3,702
36
1,182
1, 239
2,158
2,407
2,422
37
369
399
582
589
623
3S
242
[Millions of Dollars]
Table 22.— Indiana
Table 21.— Ohio
Table 23.— Illinois
Table 24.— Wisconsin
Table 26.— Minnesota
Table 25.— Plains
Table 27.— Iowa
Line
1960
1961
1962
1961
1961
1962
9, 341 32, 086
33, 153
35, 383
6, 090
61
19
19
336
2, 651
1, 005
222
91
182
257
86
116
54
175
19, 059
325
272
11
81
180
1, 267
5, 089
3. 946
915
406
509
1, 445
772
414
259
655
19, 720
322
254
10
82
162
1,314
5, 155
4,072
974
438
535
1, 387
728
412
247
676
20, 906
347
253
11
79
163
1. 393
5, 523
4,274
1,036
471
564
1, 430
730
443
256
700
112
306
1,210
931
221
100
121
337
178
75
83
138
93
310
1, 250
961
237
108
129
311
164
75
72
142
94
326
1,360
1, 004
252
116
136
324
164
81
80
148
84
92
525
24
95
70
25
311
832
117
48
668
7
340
315
1. 884
95
372
245
93
1,080
3, 224
764
486
1,974
37
347
328
2,038
96
390
269
99
1, 185
3, 493
813
504
2, 176
30
359
341
2,188
99
401
298
102
1,287
3, 724
840
542
2,342
39
69
69
453
24
72
60
19
278
682
131
43
509
10
71
72
513
25
76
66
22
324
749
139
43
567
10
73
75
552
26
78
73
1962
1960
1961
1962
26, 564 27, 471
28, 859
8, 562
8,872
18, 541
92
154
68
49
37
1, 132
6, 789
3, 569
920
362
559
1, 100
534
412
214
531
18,817
96
150
62
52
37
1,132
0, 747
3, 020
984
399
585
1, 126
500
411
215
540
19, 806
103
". 152
64
51
37
1, 128
7, 199
3, 763
1,025
419
606
1. 185
507
442
236
555
5,649
60
20
5,734
61
20
20
333
2, 502
946
200
82
118
257
97
112
48
161
20
336
2, 445
9(53
212
89
123
246
89
108
49
167
92
109
499
24
116
63
25
272 j
901 !
187
66
648
13
282
94
249
112
1, 914
536
25
102
355
120
401
72
105
26
294
950
2, 255
950
194
530
72 i
255
1, 469
683
24
15
284
256
1, 995
103
356
420
104
1,012
2, 403
551
269
1, 583
25
291
264
2, 121
107
355
451
107
1. 100
2, 546
570
75
86
465
23
92
64
23
262
697
110
47
540
7
78
89
492
24
94
66
24
284
784
113
46
626
7
370
1900
1961
1962
22, 722
23, 090 24, 156
10,211
10,461
11,068
16, 025
63
112
55
23
34
788
7, 339
2, 6(53
554
234
320
882
360
326
196
421
15,913
65
108
50
25
33
756
7, 038
2, 653
586
252
335
839
340
326
173
433
16, 847
61
115
51
29
35
780
7, 557
2. 784
616
267
349
866
342
350
174
446
7,095
46
53
25
8
20
381
3, 321
1, 141
253
109
144
371
181
149
41
196
7, 1G3
45
52
23
8
22
352
3, 265
1. 141
270
117
153
363
168
146
50
202
7,628
44
53
22
8
210
211
1, 286
55
290
202
84
655
1,891
512
152
1, 227
25
218
215
1, 365
54
297
220
87
707
2, 044
543
152
1,349
20
225
221
1, 440
55
302
233
88
761
2, 154
591
161
1.402
28
90
105
480
23
117
61
24
255
841
171
66
604
12
1960
1960
1962
1961
1962
I960
7, 094
7,452
7,770
5, 580
5, 824
6,078
4,458
59
112
4,636
59
93
4,924
65
94
3,021
72
14
2
3, 104
73
14
1
3, 263
86
16
1960
1961
j
346
3, 614
1. 213
281
121
ICO
371
168
158
45
206
1,700
(3)
(3)
(3)
29
353
789
144
47
599
10
1
9
143
61
81
175
102
58
16
110
13
184
919
644
150
66
84
169
97
57
16
112
15
178
962
672
156
68
89
172
96
60
15
113
3
4
5
6
7
8
y>
10
11
12
1314
15
lf>
17
18
54
56
292
12
61
31
14
174
470
99
24
348
10
54
58
311
13
62
34
15
187
518
104
24
391
10
54
59
335
13
65
40
16
202
562
108
26
428
10
Ifl
20
21
22
23
24
25
26
27
28
21)
30
31
(3)
13
194
912
f>27
(3)
9
(3) "
796
799
840
369
387
760
780
810
245
247
264
708
735
800
165
174
191
112
114
121
32
2, 053
350
1,703
2,095
382
1,712
2,101
338
1, 763
1,171
377
794
1,277
1.308
478 i
485
798
824
2, 653
564
2, 089
2,849
710
2, 139
2,925
737
2, 189
1, 132
386
747
1,194
445
749
1,205
424
780
6, 255
3, 000
3, 254
6, 338
2 948
3, 390
7,045
3, 561
3,484
1.166
509
657
1, 232
542
689
1,173
469
704
1,311
671
MO
1,447
793
654
1, 488
823
665
33
34
35
2,841
2,977
3,130
1, 119
1, 161
1,211
3, 433
3,580
3, 792
1,121
1,200
1, 285
4, 355
4,434
4, 665
912
960
1,028
830
823
857
3f>
766
767
1,774
2, 055
2,170
594
679
691
2,407
2,652
2,742
544
608
619
416
452
470
37
217
234
597
609
643
179
183
194
697
727
775
152
157
166
109
114
120
38
1,528
1,835
1,805
672
521
529
5G7
214
SURVEY OF CURRENT BUSINESS
12
August 1903
Tables 28-51.—Personal Income
f Millions of dollars]
1960
1
2
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
39
30
31
Table 29.— North
Dakota
Table 28.— Missouri
Item
Line
Personal income
Wage and salary disbursements
Farms
__ _
_.__
Mining
Bituminous and other soft coal mining.
Crude petroleum and natural gas
Mining and quarrying, except fuel
__ . _ _
Contract construction
Manufacturing
Wholesale and retail trade
Finance, insurance, and real estate
_ _ __
Banking and other finance
Insurance and real estate
__ _ _ _ Transportation
Railroads
__
_Highway freight and warehousing _
Other transportation.
Communications and public utilities
Telephone, telegraph, and other communications
Electric gas and other public utilities
Services
Hotels and other lodging places
Personal services and private households
Business and repair services
Amusement and recreation
Professional, social, and related services
Government
Federal, civilian
__
Federal military
State and local
__
Other industries
32
Other labor income
33
34
35
Proprietors' income
Farm
Xonfarm
-
36
Property income
37
Transfer payments
38
Less: Personal contributions for social insurance
_
_
__
1961
Ta
%lko^°Uth
1962
1960
1961
1962 1960
Table 31.-Nebraska
1961
1962
1960 1 1961
1962
Table 32.—Kansas
1960
1961
1962
9,524
9,836
10, 362
1, 107
1, 003
1,459
1,266
1,292
1,489
3,025
3, 079
3,369
4,490
4,667
4,856
6,187
52
36
5
1
30
347
1 972
1.289
307
130
177
495
203
176
115
216
6,314
52
36
5
1
29
361
1, 941
1,326
326
142
184
478
193
171
114
223
6,680
56
35
6
1
28
387
2, 088
1,370
351
158
192
438
193
179
115
233
563
33
9
2
578
27
10
2
579
21
12
644
21
12
701
22
13
1,676
46
12
1,757
48
12
1,851
46
11
2, 574
4°
2,687
41
76
1
53
26
1.40
24
12
12
47
36
9
3
24
1
52
26
142
26
13
14
45
34
q
3
24
638
31
9
2
6
1
69
27
156
28
14
15
46
34
10
3
25
(3)
12
60
59
134
25
14
11
31
13
14
4
23
(3)
12
87
68
144
26
15
12
31
12
15
3
25
13
94
70
159
28
16
12
37
12
22
4
26
5
137
306
357
100
39
61
144
87
38
19
54
139
320
373
106
42
65
142
84
39
19
56
6
5
141
338
398
114
44
69
146
85
41
20
59
r><
8
170
605
468
96
50
45
216
153
44
19
91
8
182
630
481
102
54
48
210
145
46
20
94
2,848
41 1
75 i
2 I
66 j
7 j
197 !
679
515
107
56
52
216 :
146
51
19
96
113
103
620
34
136
ICO
34
316
845
256
140
450
8
115
108
649
33
138
105
35
338
914
274
143
497
8
120
113
6S7
34
140
114
36
364
979
2S5
148
545
9
13
10
63
4
9
4
2
45
144
30
24
89
1
14
11
70
4
10
4
2
49
156
32
33
91
1
14
11
73
4
10
4
2
52
172
35
41
96
1
12
11
57
3
9
3
3
39
156
45
26
84
1
13
12
65
3
12
4
4
42
164
50
23
91
1
13
12
75
4
12
3S
16
168
9
31
24
8
96
349
84
42
18
198
10
35
29
9
115
397
9C
85
222
3
41
50
230
9
54
22
12
133
577
120
157
300
4
42
51
249
9
58
29
13
141
618
126
163
329
4
43
53
26S
10
61
31
14
153
649
126
168
355
4
(3)
49
176
52
26
98
193
3
40
182
9
33
26
9
105
375
89
76
211
3
f
3
237
248
268
18
19
20
18
20
23
53
55
60
105
107
116
1,330
444
886
1,395
486
909
1,437
505
932
338
223
116
209
88
121
600
474
126
447
306
142
399
233
166
530
357
173
725
398
327
680
336
344
848
494
355
937
450
487
976
469
508
968
439
529
1,244
1,282
1,366
126
129
131
161
163
168
439
439
454
643
639
660
745
822
851
83
91
93
91
99
104
200
219
231
329
362
374
218
225
241
22
22
23
31
33
36
68
71
76
99
104
112
[Millions of dollars]
Table 40.— Georgia
Table 41.— Florida
Table 42.— Alabama
Table 43.— Mississippi
Table 44.— Louisiana
Line
1
Personal income
20
21
22
23
24
25
26
27
28
29
30
31
Wage and salary disbursements..
Farms
Mining
Bituminous and other soft coal mining
Crude petroleum and natural gas...
Mining and quarrying, except fuel
Contract construction
_. __ .
Manufacturing
_
Wholesale and retail trade Finance, insurance, and real estate
Banking and other finance
Insurance and real estate
Transportation
Railroads
Highway freight and warehousing
Other transportation
Communications and public utilities . ._ _
Telephone, telegraph, and other communications
Electric, gas, and other public utilities
Services ..
Hotels and other lodging places. _ _ _
Personal services and private households
Business and repair services
Amusement and recreation
Professional, social, and related services
Government
_ _ _ _ _ _ _
Federal, civilian _
Federal, military
State and local
Other industries
_
_
-
2
3
4
6
8
9
10
11
12
13
14
15
16
17
18
19
7,213
9,843
10,330
11,158
4,952
56
24
6,002
112
42
6,206
127
38
6,769
120
40
(3)
2
40
578
873
1,370
374
13}
236
328
90
6S
170
174
2
36
497
961
1, 375
403
153
250
32S
85
70
174
180
3
37
535
1, 054
1, 555
436
160
275
332
87
113
61
848
101
279
111
117
63
S6$
103
26')
119
60
321
1. 3«3
301
356
736
37
6,368
6,605
4,384
60
22
4,506
58
23
(3)
(3)
22
214
1,246
839
217
89
129
254
106
85
63
131
22
204
1.256
856
234
98
136
260
103
86
71
136
23
236
1.401
928
255
109
146
278
106
96
75
142
78
54
401
18
157
58
19
148
970
298
297
375
29
80
56
415
19
160
62
21
154
1, 034
315
295
424
30
84
58
453
20
167
70
22
174
1, 149
337
343
468
30
301
1,268
280
345
643
34
1960
1961
1962
1960
1961
1962
4,789
4,946
5,261
2, 552
2,750
3,252
34
66
43
1,604
57
29
169
195
3,554
33
51
31
2
17
163
1, 084
554
150
55
94
151
63
50
38
104
1,543
50
29
22
170
982
516
137
49
88
148
64
46
38
98
3,326
35
58
36
2
20
164
985
524
143
52
90
146
61
47
38
102
26
3
82
396
260
60
29
32
65
32
22
12
54
130
66
976
108
276
153
67
371
1,487
323
307
797
39
46
53
302
11
114
56
10
112
792
355
120
318
5
48
54
324
11
115
65
11
122
840
388
119
334
5
50
54
335
11
118
59
11
136
924
446
125
3r.3
25
29
152
9
64
15
59
387
92
102
194
8
1960
1961
1962
2,889
5,240
5,391
5,678
1,742
51
29
3,445
42
255
3,518
49
260
3,738
45
270
25
3
89
403
263
66
32
34
64
30
22
12
56
26
4
93
460
285
70
33
37
70
31
24
15
58
236
19
243
659
658
149
66
83
251
73
48
130
131
241
20
238
662
650
156
70
86
245
66
49
130
134
26
30
160
9
68
16
6
62
409
91
111
207
8
28
31
173
10
70
18
6
70
444
94
125
225
8
,56
75
3 S3
19
123
53
18
170
661
122
106
433
12
401
19
124
58
19
181
712
12$
114
471
12
57
250 i
20
248 i
707
689
162
73 [
89 |
250
66
52
132
137
58
78
429
2!)
128
64
20
198
790
141
163
485
13
..
146
147
163
176
189
206
130
141
147
59
61
6H
160
161
168
. __ _
849
264
585
878
285
593
968
331
638
1, 384
351
1, 033
1,426
420
1, 006
1, 458
3-2
1, 076
661
227
433
664
228
437
700
254
446
524
243
281
613
323
290
592
285
306
638
160
478
674
195
479
690
196
495
686
743
1,626
1,754
1,906
453
482
513
241
258
271
637
634
668
536
553
852
960
1,042
415
462
489
249
280
290
471
518
534
165
197
204
223
122
129
143
64
67
73
111
114
121
Other labor income
Proprietors' income.
Farm
... _
Nonfarm
36
Property income
658
37
Transfer payments
474
38
Less: Personal contributions for social insurance.
143
148
1962
1962
32
.
1961
1961
33
34
35
_
1960
1960
SURVEY OF CURRENT BUSINESS
August 1963
by Major Sources, 1960-62
[Millions of dollars]
Table 34.— Virginia
Table 33.— Southeast
Table 35.— West Virginia
4,672
5,005
5,276
5,494
2,149
10
270
246
19
5
94
703
3C6
61
26
35
147
95
34
19
101
3,000
40
149
120
18
10
171
884
501
99
46
53
186
108
48
30
93
3, 077
40
135
107
17
10
177
889
500
105
49
55
180
102
48
30
95
3,346
43
136
108
16
12
216
970
530
111
52
59
191
107
54
30
99
3,716
41
28
9
(3)
19
190
1, 280
688
168
64
104
202
87
83
32
81
32
67
153
9
38
17
11
79
284
61
15
208
2
33
68
163
10
38
19
11
85
292
58
15
220
2
43
50
270
12
76
28
16
137
603
140
188
275
5
43
52
286
12
76
31
18
149
666
163
197
307
5
44
54
306
13
79
33
19
163
738
172
215
352
5
65
16
371
14
122
58
16
161
664
208
94
362
3
149
1961
1962
7,379
7762
8,428
3,099
3,123
5,401
61
67
54
(3)
12
3G5
1,144
863
211
77
134
314
126
79
108
138
5,651
62
65
51
1
13
334
1, 190
893
226
84
142
311
126
83
102
146
6,164
58
66
52
(3)
14
374
1, 317
961
250
96
154
315
131
89
94
155
2,086
11
304
285
15
4
91
668
303
58
24
34
148
100
29
20
98
2,080
11
269
249
17
3
94
666
300
60
26
34
143
94
30
19
99
86
60
£39
30
162
99
23
225
1,867
875
508
484
18
92
63
598
31
171
115
26
255
2, 052
988
539
526
18
32
66
148
9
38
18
11
72
255
55
15
185
2
62,268
65,470
69, 898
41,267
655
1,004
513
313
179
2, 474
11,121
7,353
1,797
714
1,083
2, 275
937
682
656
1,214
42, 697 46,229
695
669
949
958
453
446
317
328
179
183
2,452 2,676
11,398 12. 527
7.467 8,078
1,921
2,062
834
780
1. 141
1,228
2,264 2,361
894
919
704
773
669
667
1,260
1,320
81
57
516
28
157
103
22
207
1,764
821
504
439
18
1962
3,210
1960
1962
Table 37.— Tennessee
1961
1962
1961
Table 36.— Kentucky
1960
1961
1960
1960
13
1960
Table 38.— North
Carolina
Table 39.— South
Carolina
1961
1962
7,138
7,628
4,726
86
13
4,990
93
17
19
218
1, 435
753
192
74
118
213
85
94
34
84
13
229
1.769
784
178
76
102
220
68
121
31
113
66
16
392
15
123
63
16
175
711
220
94
397
4
68
17
422
16
125
72
16
192
768
232
101
435
4
61
52
420
18
169
41
16
177
904
154
297
453
11
153
166
156
165
188
1,277
619
658
1,327
632
694
1962
1960
5,842
6,185
3,863
40
27
9
(3)
19
206
1,312
707
180
7C
110
202
82
86
33
82
4,156
38
28
9
1961
Line
1960
1961
1962
8,195
3,300
3,476
3,763
1
5,423
92
17
2,319
40
5
2,398
44
5
2,617
42
5
17
239
1,808
814
196
86
110
224
66
126
32
121
17
254
1,982
881
210
92
119
244
68
140
36
130
5
124
865
321
94
33
61
64
24
26
14
51
5
119
896
328
100
35
65
65
24
26
15
54
5
134
997
357
106
38
68
70
24
29
16
57
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
65
56
451
18
173
51
17
192
1,017
161
310
546
11
72
57
488
19
181
59
19
210
1, 114
167
351
596
12
28
23
199
7
80
28
6
78
553
129
214
209
4
30
24
214
8
82
33
7
84
571
134
218
218
4
32
25
234
9
84
41
8
92
611
142
223
246
4
19
20
21
22
23
24
25
26
27
28
29
30
31
75
78
86
32
425
152
273
462
184
278
490
194
296
33
34
35
(3)
649
565
4,142
254
1, 424
582
200
1, 681
9, 092
2,726
2, 328
4, 038
138
673
587
4, 341
262
1, 431
628
215
1.806
9,809
2, 920
2, 392
4,497
141
714
605
4,729
276
1, 486
722
233
2,012
10, 703
3. 184
2, 648
4,871
147
1,569
1,628
1,764
170
180
203
152
149
150
139
142
153
784
212
572
837
223
614
284
51
233
274
43
231
273
36
237
690
297
393
782
374
408
814
382
432
717
232
484
799
288
511
792
265
527
1,196
564
632
8, 609
3, 014
5, 595
9,208
3, 516
5, 691
9,481
3, 479
6,002
753
196
558
7,150
7,578
8,092
822
864
933
338
338
347
518
533
559
587
642
683
700
772
821
317
346
369
36
5, 104
5,850
6,058
457
518
551
307
350
364
440
590
535
449
514
527
500
571
598
231
262
277
37
1, 431
1,491
1,625
224
237
260
68
68
73
115
119
131
124
129
139
141
148
161
68
70
76
38
[Millions of dollars!
Table 46.— Southwest
Table 45.— Arkansas
Table 47.— Oklahoma
Table 48.— Texas
Table 49.— New Mexico
Table 51.— Rocky
Mountains
Table 50.— Arizona
Line
i
1960
1962
1960
4,475
4,664
18, 486
2,699
39
262
3
251
8
162
405
504
118
58
60
155
40
52
64
?S
47
2,880
37
264
3
252
9
178
440
539
127
61
66
163
40
55
68
103
49
11,975
273
698
54
291
12
67
46
14
152
729
256
151
323
8
1961
1961
1962
1960
2, 394
2, 612
2,742
27, 190
28, 665 30, 049
4,305
1,392
78
24
1
13
10
76
354
250
51
23
96
60
28
9
52
22
1,477
79
24
1
13
10
91
371
256
55
25
30
97
56
30
10
54
23
1,619
80
23
1
12
11
110
418
279
60
27
33
99
56
34
10
58
24
17,581
400
1, 159
5
956
198
1,172
3,163
3, 417
783
336
446
1, 076
373
312
391
634
292
18, 396
425
1,182
4
976
202
1, 239
3.275
3, 538
842
368
474
1. 075
343
323
409
659
3C3
19, 525
415
1, 195
4
988
202
1,301
3,523
3,746
900
391
508
1. 130
346
339
444
679
315
2,597
36
254
4
242
8
162
396
491
112
54
58
153
42
50
62
97
46
30
131
8
45
13
6
57
272
72
47
153
8
31
138
9
46
14
7
61
306
84
56
166
6
34
152
9
49
18
8
68
334
84
81
170
7
342
1,834
103
515
274
89
852
3, 895
1,083
1,039
1,774
47
356
1.966
107
539
312
94
914
4,148
1, 152
1,025
1,971
46
364
2,149
113
558
362
102
1.013
4.438
1, 228
1, 105
2,105
,50
51
244
12
60
39
12
120
644
230
138
275
8
51
266
12
65
43
13
132
6SO
243
136
301
8
28
1961
1962
1960
1962
I960
1961
1962
1960
1961
1962
19, 500 20, 361
1,730
1,775
1,860
2,669
2,915
3,164
12, 558 13, 261
299
300
718
708
1,220
25
105
1
54
50
95
85
190
1,800
66
101
1,918
61
107
2,096
54
110
26
55
29
18
8
51
20
1, 288
25
104
1
54
49
95
96
198
48
21
26
57
30
19
8
52
21
101
210
260
338
78
35
43
63
29
23
10
71
32
107
219
278
355
86
41
46
64
30
24
10
75
34
30
178
10
25
23
6
115
388
129
88
170
3
30
200
11
25
34
6
123
411
133
95
183
3
39
203
20
52
34
10
87
407
110
80
218
3
41
234
22
54
51
12
96
434
117
79
238
3
1961
230
320
805
272
221
312
416
193
671
37
762
2, 506
2, 488
592
249
342
801
244
229
328
434
201
683
35
788
2.673
2,621
631
266
366
842
246
239
357
444
209
1,210
26
106
1
54
51
100
86
188
43
18
26
56
30
18
7
50
20
224
1.216
62
378
179
61
536
2, 462
620
725
1,117
34
233
1,288
63
395
196
64
571
2,647
664
721
1, 262
32
236
1.397
66
408
223
67
632
2.812
713
773
1,327
36
29
171
10
25
22
6
109
382
123
96
164
2
660
38
700
2,421
2,400
550
45
20
1961
1962
9, 072
9, 509
10, 245
1
110
240
314
387
94
43
51
68
30
28
11
79
36
5,837
154
276
28
97
152
471
999
1, 156
234
117
117
426
238
122
66
203
110
6,199
156
282
25
94
163
524
1,083
1,199
252
129
124
425
230
126
69
215
115
6,609
151
269
22
91
156
556
1,156
1,269
272
134
137
436
235
133
68
224
119
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
44
261
24
57
59
15
106
486
127
86
273
3
94
572
49
108
70
32
313
1,342
465
209
668
2
100
626
50
110
80
36
350
1.435
504
219
713
2
105
682
54
113
88
37
390
1, 592
525
271
796
3
20
21
22
23
2i
25
26
27
28
29
30
31
1960
58
61
66
718
746
797
108
111
117
520
533
565
35
40
45
55
61
70
209
225
243
32
487
277
210
574
346
228
539
298
240
4,125
1, 306
2,819
4,482
1.521
2,961
4,425
1.398
3, 026
758
273
485
768
267
502
734
213
520
2,724
822
1, 902
3, 005
1,013
1,993
2,960
933
2,027
245
79
166
257
91
166
256
86
169
399
132
267
452
150
301
475
166
309
1,431
531
899
1,377
426
950
1,583
610
973
33
34
35
254
269
280
3,535
3,632
3, 821
558
581
607
2,507
2, 533
2,654
170
174
186
300
344
375
1,161
1,225
1,310
36
257
288
299
1,836
2,043
2,168
387
425
443
1,157
1,284
1,370
111
126
131
180
208
224
667
732
765
37
54
56
61
606
634
686
104
109
116
397
414
449
41
43
45
64
69
75
233
248
263
38
SURVEY OF CURRENT BUSINESS
14
August IOCS
Tables 52-62A.—Personal Income by Major Sources 1960-62
[Millions of dollars]
Table 52. — Montana
Item
Table 53.— Idaho
Table 54.— Wyoming
Table 55.— Colorado
1960
1961
1960
1961
1962
1900
1961
1962
1960
1, 363
1,344
1,565
1,184
1,240
1,355
765
769
790
4,039
4,314
788
31
38
1
9
29
60
105
157
29
16
13
80
58
14
8
30
818
28
38
1
9
29
63
106
161
30
16
13
77
55
14
8
31
872
30
38
726
42
15
769
43
20
819
38
19
490
21
55
492
19
55
501
17
54
39
14
70
38
79
15
8
38
15
37
10
S
?i8
%
81
2,614
48
86
10
38
38
205
408
539
117
2,821
52
85
8
35
41
248
515
567
129
64
05
160
59
60
40
98
16
14
09
8
11
8
3
38
189
51
31
107
(*}
17
14
73
8
12
10
4
40
208
60
35
114
(3)
105
003
190
121
280
54
43
335
24
60
43
19
189
033
200
123
304
46
360
26
62
48
20
211
723
219
103
342
Other labor income
32
Proprietors' income
Farm
NTonfarm
Personal income
Wage and salary disbursements
Farms _ _ _ . . _ _ _ _ _ _ . _ _
Mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel
Contract construction
Manufacturing _
Wholesale and retail trade
Finance, insurance, and real estate
Banking and other finance - . _. - _
Insurance and real estate
Transportation
Railroads
_.
.
_ _ _
Highway freight and warehousing
Other transportation.
.
__ .
Communications and public utilities
Telephone, telegraph, and other communications
Electric, gas, and other public utilities. .. Services.. _ _ _ _ . _ _ _ . .
.
Hotels and other lodging places
Personal services and private households. _ _
Business and repair services
Amusement and recreation
Professional, social, and related services. . _
Government
Federal, civilian
_ __ ._
_ .. Federal, military
State and local
Other industries
.£ "„
28
84
116
164
30
17
13
~"~~19'
%14
a
32
£
20
05
150
149
^6
14
12
51
33
14
4
28
3
44
219
00
39
120
(3)
,3
13
06
4
12
6
4
40
153
41
24
88
1
14
14
73
4
13
6
4
46
164
46
25
94
1
79
5
13
5
4
52
176
43
2S
104
33
36
26
28
280
152
128
215
86
129
369
236
134
244
120
124
Property income
182
189
198
Transfer payments
112
122
123
31
33
34
Less: Personal contributions for social insurance
. .
. _-
15
80
9
12
Table 58.— Washington
54
145
148
24
13
11
H
82
158
1 58
28
15
13
53
» ntS
2S
!i
8
8
41
8
g
4
1961
1962
g
38
11
6
19
8
55
40
10
5
20
60
156
00
58
38
93
10
44
8
9
11
47
8
52
41
298
22
58
30
Table 56.— Utah
1962
Table 57.— Far West
1960
1961
1962
1960
1961
4,520
1,721
1,842
2,015
54, 557
57, 727
62, 10;
2,994
53
70
8
34
34
220
53S
600
144
08
70
105
00
65
40
103
1, 218
13
82
15
11
50
83
214
233
49
24
25
8!
40
1,422
9
3S
1,299
13
84
14
12
58
91
274
240
52
26
20
82
45
27
10
39
36, 848
052
240
1
13S
100
2. 4 1 5
10, 055
6.933
1.011
715
920
l.S^s
51!)
59' i
703
1. ObS
38, 686
088
250
1
146
102
2, 503
10,3'Vi
7,140
1.778
803
975
1.872
550
616
700
1.07S
41,81<
65f
254
1
14^
10,c
2, 77}
11.344
7. 681
1, 921
8K
1, 06*
1,97J
55f
(MA
74C
1, 146
20
18
97
21
18
102
22
19
110
6SO
20
15
0
49
299
151
21
127
19
18
20
19
8
56
359
174
24
161
698
3*0
4. 720
2SO
SOS
990
720
1,848
8,079
2,028
1, 554
4,495
153
742
405
5,134
302
914
1, 13r
744
2,039
8,774
2. 10(
1.651
5, 024
159
14
82
11
11
60
114
302
202
54
20
27
85
40
29
10
41
4,310
207
1962
20
99
26
12
61
108
28
15
05
4
2
26
116
29
17
69
31
21
21
23
83
91
98
47
51
55
1,279
1, 414
1,514
234
101
133
285
143
142
121
49
72
118
49
69
120
55
60
595
109
426
616
154
461
587
126
461
192
42
150
195
36
159
222
51
171
6, 519
1,340
5, 173
6, 658
1 , 252
5, 405
6,994
1.332
5, 002
122
133
144
108
107
112
547
566
606
203
230
249
7,194
7, 758
8, 413
96
108
109
46
52
56
297
324
345
115
125
131
4,121
4, 695
4,980
30
31
32
21
22
23
97
104
111
54
58
1, 404
1,485
1,609
4
2
23
51
321
104
22
130
(3)
(3)
Table 59.— Oregon
Table 60.— Nevada
Table 61.— California
SOO
65H
1,073
7, 50 1
1,870
1,522
4. 100
142
(3)
«
j Table 62.— Hawaii
Table 62 A.— Alaska
Item
1960
1961
1902
1960
1961
1962
6,597
6,950
7,471
3,962
4,090
4,349
4,446 4,687 5,066 2,531 2,583 2,757
Wage and salary disbursements
60
54
51
72
70
70
Farms
_ _ _
6
12
6
12
13
Mining
1
1
1
Bituminous and other soft coal mining
1
1
Crude petroleum and natural gas
(3)
(3)
6
6
11
11
7
Mining and quarrying, except fueL . .. _ 10
100
312
309
155
452
291
Contract construction _ _
749
742
783
1, 263 1,327 1,479
Manufacturing
501
525
804
935
523
847
Wholesale and retail trade
105
112
194
212
98
183
Finance insurance, and real estate
52
82
50
87
46
75
Banking and other finance
_
_
56
112
52
60
108
125
Insurance and real estate
170
271
167
284
168
266
Transportation
78
92
76
93
78
96
Railroads
64
58
79
56
71
69
Highway freight and warehousing
34
34
34
108
113
101
Other transportation.
_
. - ..
98
91
118
86
105
110
(Communications and public utilities.
Telephone, telegraph, and other communi54
86
48
81
51
78
cations
40
45
32
38
30
27
Electric, gas, and other public utilities
266
449
233
247
403
378
Services
18
16
25
29
15
24
Hotels and other lodging places
49
79
50
74
48
72
Personal services and private households
41
37
66
73
36
59
Business and repair services ._
13
14
33
12
23
22
Amusement and recreation
132
144
216
236
122
201
Professional, social, and related services
488
522
1,175
457
1,100
1,012
Government
125
128
119
303
320
280
Federal civilian
- 34
33
34
247
273
236
Federal, military
- .
329
300
534
599
304
497
State and local
6
22
22
5
6
19
Other industries
99
106
94
179
163
155
Other labor income
Personal income
Proprietors' income
Fnrm
Nonfarm
Property income
Transfer payments
_
-
- -
814
210
604
817
194
623
874
222
652
800
860
930
538
588
597
1960 1 1961
1962
1960
1961
1962
815
911
1,098
43, 183
45, 776
49, 187
595
9
20
655
8
20
805
8
20
29, 276
523
202
30, 762
5i4
212
33, 186
512
215
"(3)
20
00
28
101
16
8
8
35
19
8
8
18
(3)
20
70
31
108
19
9
10
37
18
10
9
20
(3)
20
111
34
132
24
11
13
40
19
11
11
23
138
64
1,909
8, 015
5, 463
1,344
586
758
1 , 389
366
463
560
828
146
66
2, 028
8, 267
5,643
1. 460
662
798
1,398
364
478
556
856
140
68
2, 190
9,048
6,053
1,573
704
869
1, 473
370
520
583
906
12
6
186
57
16
14
82
17
121
34
32
50
3
()
13
206
58
17
23
88
20
135
37
34
64
(3)
15
8
265
64
19
53
103
26
146
40
35
71
(3)
542
287
3. 513
171
716
752
542
1,332
5,974
1,444
1, 220
3,310
117
554
302
3, 864
181
729
870
603
1,481
6,356
1,547
1, 241
3,568
124
587
319
4, 154
191
767
969
594
1,633
6,932
1,629
1,309
3, 994
131
1961
1962
1960
1901
1,421
1,520
1,593
632
628
656
1,070
70
1
1,128
66
1
1,182
68
(3)
528
(3)
8
516
1
103
98
100
36
17
19
44
1
104
113
172
42
20
22
44
(3)
94
115
182
48
24
24
47
29
1
538
(3)
10
2
5
3
35
25
57
12
f>
5
30
1
36
26
8
36
29
8
39
31
22
31
22
29
14
13
100
16
18
14
8
46
423
141
175
108
3
15
14
112
16
19
18
9
50
442
148
180
114
3
15
16
122
17
22
20
9
54
473
150
192
131
3
13
283
102
138
44
5
27
3
32
4
4
9
1
14
279
105
120
54
6
25
4
36
4
4
12
1
14
297
108
121
68
(\
1960
3
4
49
27
64
9
5
4
31
1
6
24
19
16
3
31
4
5
8
(3)
10
2
4
3
34
28
56
10
5
1962
16
22
23
1,014
1,130
1,206
40
42
42
13
15
15
624
122
502
659
130
529
88
9
79
97
8
89
126
11
114
4,994
995
3,999
5,120
928
4, 191
5,335
968
4,367
123
H
112
132
11
121
132
11
121
46
2
44
47
2
45
51
2
49
508
536
580
93
109
118
5,793
6,254
6,784
155
179
193
38 |
39
41
309
356
361
41
49
51
3, 233
3,702
3,971
65
71
23
28
28
623
133
491
78 j
Less: Personal contributions for social insur1,192
1,127
21
24
114
107
1,296
32
19
165
103
175
16
16
35 I
156
1?
33
ance
1. Data for 1929-53 are published in "Personal Income by States Since 1929," A Supplement to the Survey of Current Business; for 1954-56 in August I960 Survey; for 1958 in August 1961
Survey: and for 1959 in August 1962 Survey.
2. Totals include Alaska and Hawaii in 1960-62.
3. Less than $500,000.
NOTE.—Detail will not add to totals due to rounding.
SURVEY OF CURRENT BUSINESS
August 1963
15
Table 63.—Broad Industrial Sources of Personal Income, by States and Regions, 1962l
Table 70.—Industrial Sources of Civilian Income Received by Persons for Participation in Current Production, by States and Regions, 19621
[Millions of dollars]
Table 70
Table 63
Government
income
Farm disbursements 2 Private
nonfarm
inincome 3
come i
State
Federal and
local
Total
Contract Manu- WholeFarms Mining construcsale and
facretail
tion
turing
trade
439, 661
16, 088
51,385
34, 666
337, 522
346, 964
16, 329
4,198
28, 456
232
3,364
1,992
22, 868
21, 845
237
30
1,915
1,394
782
63
16
37
298
200
87
148
88
65
1,406
1, 090
593
1,424
1,062
604
64
16
38
14, 290
2,052
8,023
55
7
54
1,885
334
560
1.042
' 168
481
11,308
1,543
6, 928
10, 864
1,528
6,363
._
108, 445
777
11,984
8,064
87, 620
..
50, 985
18, 032
26, 887
307
109
232
4,383
1,684
3,012
4,372
1,135
1,742
41,923
15, 104
21, 901
1,455
8, 562
2,524
35
94
123
1, 712
1, 070
82
606
127
92, 737
2,554
8,189
19, 307
24, 154
11, 078
333
393
521
1,567
2,243
964
28, 857
9,341
828
479
2,604
'775
35,383
3,857
7,770
6,078
10, 362
1,459
527
897
554
499
1,489
3,369
4,856
State and region
Total
personal
income
United States
New England. ._
Maine
.
New Hampshire
Vermont
___
Massachusetts _ _ . _ _
Rhode Island
Connecticut
- Mideast
New York
New Jersey
Pennsylvania
Delaware _
_
Maryland...
._
District of Columbia. _
Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin
.
Plains
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
.
__
Finance,
CominsurTrans- municaporta- tions and
ance,
public
tion
and real
utilities
estate
Services
Government 2
Othtr
22, 257 101, 927
66, 148
18, 079
16, 406
9,672
46, 185
44, 566
1,257
8,254
3,882
1,244
660
616
3, 158
2,404
2
1
6
90
67
37
471
409
176
268
176
115
55
46
26
58
29
24
43
31
17
161
150
90
194
134
74
56
8
55
13
1
575
88
400
3,848
577
2,773
2,004
280
1,039
638
79
400
350
47
152
314
45
166
1,743
186
828
1,277
211
514
"; :' ; ' e
85, 139
790
435
4,908
26, 921
16, 275
5, 162
4,181
2,563
12, 817
10, 870
-217
39, 705
14, 660
21, 186
313
111
236
71
26
320
2,199
950
1,082
10, 857
5, 628
8,368
8, 507
2,578
3,581
3,123
701
909
1,867
764
1,108
1,248
408
649
6,609
2,071
2,650
4,814
1,389
2,233
'97
34
'50
1,215
6, 150
1,327
1,033
6,759
1,796
35
95
18
81
516
80
449
1,569
50
153
1,212
244
38
321
70
42
335
65
21
193
44
117
971
399
95
1,499
840
2
30
6,685
75, 309
75, 255
2,592
480
4,044
29, 747
13,506
3,206
3,429
1,941
8,469
7,659
182
1.623
1.605
740
15, 784
19. 913
8.853
15, 703
19, 589
9,243
338
399
529
88
135
63
742
1.025
438
7.070
8.157
3,908
2,594
3,410
1,563
535
791
359
491
951
412
420
493
227
1,700
2,167
826
1,702
2,005
882
23
58
36
1.988
729
23, 401
7,358
23, 227
7,493
840
486
173
21
1.400
439
7,775
2,837
4,597
1,342
1,233
288
1.287
288
608
193
2,979
797
2,283
787
52
15
3,800
2,696
25, 030
28, 135
3,911
277
1,995
5,930
5,705
1,337
1,604
776
3,326
3,199
75
704
587
1,121
166
680
477
681
107
5,859
4.117
8.006
687
6,224
4,833
8,221
1,211
534
910
562
505
100
19
39
10
480
255
546
90
1,456
1,028
2,243
29
1,259
964
1,718
223
321
206
435
40
357
207
543
52
164
125
257
28
788
562
1,022
102
745
538
837
131
20
19
19
1
374
532
474
179
407
636
110
242
399
826
2,188
3,347
1,222
2,670
3,754
379
540
481
14
13
82
142
190
292
75
362
737
231
561
749
40
143
152
45
162
238
28
66
108
115
313
424
151
314
483
2
6
8
.1,107
103
:
. ''18
3
.-
•- •
46
.
29
69, 998
4,093
10, 688
5,742
49, 475
54, 645
4,153
1,088
3,644
13, 480
10, 507
2,660
2,593
1,448
6,725
8,118
229
Virginia
West Virginia
Kentucky
8,428
3,210
5,276
278
45
420
1,977
388
813
562
273
446
5,611
2,504
3,597
6,650
2,548
4,086
282
46
426
319
159
453
122
310
1,416
765
1,046
1,213
402
691
298
78
145
342
162
215
168
111
109
837
261
449
1,532
279
527
32
3
9
Tennessee
North Carolina
South Carolina
6,185
8,195
3,763
299
715
234
772
1.002
600
496
672
274
4,618
5,806
2,655
4,996
6,567
2,956
303
724
237
31
19
5
312
375
182
1,536
2,121
1,051
967
1,169
485
230
268
130
238
268
77
92
142
62
608
695
329
672
766
391
20
Georgia
Florida _ _
Alabama
7,213
11, 158
5,261
382
495
283
1,096
1,577
943
562
877
445
5,173
8,209
3,590
5,720
8,048
4,259
388
504
287
25
43
59
350
712
237
1,498
1,128
1,178
1,204
1,934
757
310
630
181
300
362
166
156
214
114
640
1,335
464
812
1,127
807
37
59
9
Mississippi
Louisiana
Arkansas
2,889
5,678
2,742
331
238
373
454
651
415
277
644
214
1.827
4,145
1,740
2,263
4,419
2,133
336
241
379
35
289
27
135
300
156
499
791
451
436
882
367
96
209
85
79
273
111
65
151
64
250
631
226
321
629
255
11
23
12
30,049
1,790
3,995
2,447
21,817
23,578
1,815
1,298
1,812
3,896
4,914
1,256
1,234
749
3,167
3,357
80
4,664
20, 361
1,860
3,164
247
1,217
109
217
722
2,562
322
389
440
1,503
205
299
3,255
15, 079
1.224
2,259
3,566
15, 975
1,489
2,548
250
1,234
111
220
278
792
110
118
256
1.127
123
306
490
2,970
104
332
750
3,443
255
466
182
863
72
139
182
914
64
74
115
490
57
87
463
2,037
269
398
583
2,054
318
402
17
61
6
6
Southeast
Southwest
__ _
Oklahoma
Texas
New Mexico _
Arizona
10,245
750
1,392
918
7,185
8,144
763
296
765
1,250
1,613
379
476
248
1,017
1,331
6
Montana
Idaho
Wyoming..
1,565
1,355
790
262
178
70
208
165
97
134
117
75
961
895
548
1,236
1,102
625
266
181
72
46
21
58
106
111
64
129
169
50
209
205
107
48
40
25
85
60
60
36
31
22
129
134
68
181
148
99
1
,2
Colorado
Utah
4,520
2,015
176
64
621
301
417
175
3.306
1,475
3.511
1,670
179
65
83
88
325
159
578
324
773
319
195
71
179
92
114
45
518
168
565
338
62,099
1,953
7,313
5,914
46,919
48,583
1,986
282
3,682
12,290
9,439
2,763
2,144
1,264
7,286
7,166
281
7,471
4,349
288
188
1,050
466
685
400
5,448
3,295
5,834
3,479
292
190
14
9
404
246
1,584
858
1,164
746
300
175
312
199
131
112
693
442
908
490
32
12
1,098
49, 181
20
1,457
115
5,682
78
4,751
885
37, 291
917
38, 353
20
1,484
22
237
133
2,899
37
9,811
162
7,367
43
2,245
43
1,590
26
995
318
5,833
112
5,656
1
236
656
1,593
2
80
250
410
71
137
333
966
481
1,159
2
80
12
(3)
38
112
27
132
71
236
16
56
33
52
32
35
52
168
178
284
20
4
Rocky IWLountain
Far West
Washington
Oregon
Nevada
California
Alaska
Hawaii
Footnotes to Table 63:
1. Consists of net income of farm proprietors, farm wages, and farm "other" labor income,
less personal contributions under the OASI program.
2. Consists of income disbursed directly to persons by the Federal and State and local
governments. Comprises wages and salaries (net of employee contributions for social insurance), other labor income, interest and transfer payments.
3. Equals total personal income less farm income and government income disbursements.
Note: United States totals include Alaska and Hawaii.
:
o
1
Footnotes to Table 70:
1. Consists of wage and salary disbursements, other labor income, and proprietors' income,
2. Does not include earnings of military personnel.
3. Less than $500,000.
Note: United States totals include Alaska and Hawaii.
By SAMUEL PIZER AND FREDERICK CUTLER
U.S. International Investments
Capital Outflows Sustained at High Level
Private Holdings Abroad Near $60 Billion
Earnings Show Substantial Gains
ing, and also net purchases of foreign ings of these new securities in U.S.
i RIVATE capital continued to flowsecurities.
markets showed an abrupt expansion in
from the United States to foreign
1962 and a further spurt in the first
countries at very high rates in 1962
Capital Outflow
6 months of 1963. Canadian issues
[Millions of dollars]
and in the first half of 1963. The
were responsible for much of the rise,
outflow in 1962 at $3.3 billion was
and the tabulation shows that nearly
Developed1
Less
countries developed Total
lower than the 1961 amount (as shown
all of the recent Canadian offerings
countries
in the first chart) with short-term
have been placed privately, whereas in
flows tending to diminish. That rate Total all types
the earlier period of large Canadian
1961
3,114
1,036
4, 150
was about equal to the 1956-61 average,
2 721
1962
552
3 273
borrowings
in 1957-59 more than half
-2
1963 (1st quarter)
1,020
1,018
but about three times the 1950-55
of
the
total
was issued for public sale.
Direct investments
annual average.
454
1961
1, 145
1,599
Only
a
small
portion of the Canadian
1,295
1962
262
1 557
Data for the first half of 1963
1963 (1st quarter)
526
30
556
issues is taken by investors in other
indicate a record 6-month net outflow Other investments
foreign countries, and the shift to pri1,967
585
1961
2 552
of some $2% billion. This amount
1,426
1962
290
1,716
vate placements tends to limit this
1963 (1st quarter)
494
—32
462
resulted in part from a bunching of
possibility.
1
foreign borrowing here so that the
Europe, Canada, Japan, Australia, New Zealand, South
New European issues have also exAfrica, and International bank.
rate of flow was well above the longer
panded since 1961, but these are mainly
run trend, but even allowing for this Purchases of Foreign Securities public offerings, and foreign investors
temporary bulge a continued high rate
have taken up at time of issue about
In the earlier postwar years U.S. half of the amounts sold in the past
of flow was indicated. The implication of these developments for the investors had little interest in foreign five years. Nevertheless, the direct
overall balance of payments was the securities (other than Canadian and outflow from the United States also
background for the Administration International Bank issues) and pur- rose by considerable amounts. Offerdecision in July to allow an upward chased them at a rate of less than $100 ings of other developed countries, nomovement of the discount rate and to million per year (after deducting re- tably Japan, have also been on the
propose a tax on purchases of various demptions). Beginning about 1956, increase.
classes of foreign securities and long- however, the flow became much larger,
The advantages of borrowing in the
term obligations—aimed at raising the and in the 1956-62 period averaged U.S. market are well known; it is both
cost to foreigners of obtaining long- $750 million.
easier and generally less costly to borPart of the increase in outflows shows row here than in other markets. New
term capital in the U.S. market and reducing incentives for U.S. residents up in purchases of outstanding foreign issues of entities in the developed counequity securities, particularly European tries other than Canada had yields
to invest abroad.
Not only have the flows been large, issues in 1958-61, probably reflecting ranging between 5.3 percent and 7.5
but there has also been a tendency both the relatively greater growth in percent in the past 18 months, with an
for a larger share of the total to go to the European economies than in the overall average of about 5.75 percent.
the relatively well-developed countries U.S. and the special investor interest These yields are somewhat lower than
that are capable of accumulating re- in the newly-created Common Market. those in most foreign markets, but are
This type of flow dropped sharply in well above yields on new domestic corserves.
These outflows are relatively erratic 1962 because of market disruptions porate bonds of the highest rating,
In the short run, so that data for the here and abroad, and apparently has which ranged between 4 and 4.5 percent.
first quarter, in the following table, or not resumed on any significant scale
Short-term outflows
estimates for the first half of 1963 are so far in 1963.
not reliable indicators of the outcome
Most of the purchases of foreign
Additions to foreign short-term assets
for the full year. The "other invest- securities have been of issues (mainly as reported by banks and others
ments" group includes short- and long- debt issues) newly-offered in the U.S. amounted to about $% billion in 1962,
term bank loans and commercial financ- market, shown in table 6. Total offer- down by $1 billion from the record 1961
16
SURVEY OF CURRENT BUSINESS
August 1903
amount. The drop reflected primarily
a slowdown in lending to Japan, which
accounted for much of the 1960-61 outflow, and a reduced flow into Canadian
deposits. Data for the first half of 1963
show a rate of outflow somewhat larger
than in the like period of 1962. While
changes in this component of the balance of payments are often large since
they are the net result of much larger
gross flows, over the years outflows of
considerable size have shown up
consistently.
Direct Investments Abroad
United States firms invested a further
$2.8 billion in their foreign affiliates in
1962, raising the aggregate book value
to over $37 billion at the end of the
year. Most of the increase came from
capital outflows of a little over $1%
billion, about the same as in 1961,
U.S. PRIVATE CAPITAL FLOW
• Portfolio Investment Continued Up in 1962
• Direct Investment at High Level
•Short-Term Outflow Dropped in 1962
FOREIGN PRIVATE CAPITAL
• Flow to U.S. Diminishes
Total
Direct Investments
Portfolio*
-1
I
1950
{
52
i
!
I
54
I
!
56
1
58
1
60
*Net Purchases of Securities, (Other than direct
investments) and Loans with a Maturity of more
than one year.
U.S. Department of Commerce, Office of Business Economics
L _)
1
62
17
carrying forward the upsurge in these land, but the aggregate values in table 2
investments that began in 1956. A have been adjusted to include these
further $1.2 billion was added to the reallocations.
In the rest of Europe, direct investinvestments out of retained foreign
earnings, somewhat more than in 1961 ment activity has also been substantial
but about equal to the 1956-61 average. in recent years with annual additions at
Data for early 1963 indicate that the a rate of over $% billion. However,
pace of investment, especially in Europe, additions for 1962 were considerably
has not diminished. Preliminary tab- less than in 1961, largely reflecting a
ulations of projected foreign plant and sharp decline in capital flows to oil
equipment expenditures support this companies in the United Kingdom as
expectation, and it may well be that a refinery and other projects were comlarger proportion of the financing pleted. Manufacturing investments in
required for European operations is the United Kingdom were stepped up
being obtained in the United States in 1962, though, with increased capital
than was the case in earlier years, when flows from the United States.
it was customary to cover working
capital needs by local borrowing when- Other developed countries
Investments in Canada by U.S.
ever possible.
firms were up substantially in 1962,
European investment stands out
with additions of nearly $700 million
about equal to the average increase in
New investments of $1.1 billion in
1962, slightly over the 1961 increment, the 1950-61 period. Most of the increase as compared with 1961 was for
raised the total of direct investments
in Europe to more than $8.8 billion. Table 1.—Factors Affecting the U.S. Private
Long-term Investment Position, 1961 and
Half of these 1962 investments were
1962
made in manufacturing facilities, in[Million of dollars]
cluding about $100 million spent to
1962
Type of investment
1961
acquire existing enterprises from foreign
owners. New investments in Europe U.S. private long-term investments abroad
in 1963 appear to be headed for another
Direct investments
very large amount.
Value, beginning of vear . .
31,822 34, 664
Capital flows to affiliates in Common
Add: Capital outflow 1.
1,599
1, 557
1, 202
1, 054
Reinvested earnings.
Market countries rose to $466 million
Other adjustments 2
—278
189
in 1962, an all-time high. At the same
37. 145
84 664
Value end of vear
time, because of a somewhat higher rate
Other long-term private investments
abroad
of payout from only slightly higher
12, 632
14.339
Value, beginning of year
earnings, the amount reinvested de!
1,011
\dclCapital
outflow
1.20ft
clined to only $81 million from $129
654
— 138
Price changes
Other adjustments 3
42
21
million in 1961. Much of the shift was
15.
431
14, 339
Value,
end
of
vcar
in Germany, where capital flows for
long-term investments in the
manufacturing were up sharply while Foreign
United States
reinvested earnings were reduced.
Direct investments
A considerable part of the capital
6, 910
7,392
Value beginninc of vear
flow into Common Market countries,
73
132
4 dd- Capital inflow l
238
Reinvested earnings
214
and to a lesser extent into other areas,
171
— 141
Other adjustments 4 -_ _ . _
is transferred through Swiss affiliates.
7, 392
7, 597
Value, end of vear
Data on such transfers of funds are now
Other long-term investments
supplied by the companies in a special
14, 052
11,508
Value, beginning of year
annual report, and a preliminary tab393
130
\dd - Capital inflow J
2, 151 -1. 509
Price changes
ulation shows about $100 million transOther adjustment?
— 78
ferred in the two years 1961 and 1962.
14.052
12,604
Value, end of vear
In 1962, such indirect capital flows to
1. Included in the balance of payments accounts
Germany amounted to about $20
2. For details, see note to table 2
3.
Mainly reclassiftcations in 1961 from direct investments
million, and the amounts for France (+$175
million) and losses on foreign exchange ($146 million);
in
1962
reclassiflcations (+$41 million) and foreign
and Italy were also sizable. In table exchangeincludes
losses ($85 million)
4.
Mainly
revaluations
3, these capital flows are shown as going insurance companies. of portfolios of foreign-controlled
to the primary subsidiaries in SwitzerNOTE: Excludes direct investments in Cuba.
Table 2.—Value of Direct Investments Abroad l by
Table 3.—Direct-In vestment Capital Flow and Undistributed Subsidiary
Table 4.—Direct-Investment Earnings and Income,2
[Millions of dollars]
Table 2
Table 3
Net capital outflows
1902 P
j
Area and country
Line
1900
1957
1950
1902 P
1901 r
Total
1
All areas* total
2
Canada
3
Latin American Republics, totaL_
Mexico, Central
Indies, total.
4
8
9
10
11
11,788
25, 394
32, 778
34, 664 37, 145
3, 183 12, 661 13, 212
2, 039
3,015
3, 035
1, 557
91
538
680
3, 579
8, 769
11, 198
11,614 12, 131
1,482
2,834
5, 340
511
708
1,256
302
312
75
132
23
82
114
-28
1,099
3, 159
1, 893
709
839
773
173
-32
-3
America and
West
1, 488
2, 234
2, 642
1,815
1, 935
171
245
484
188
366
481
55
5
-11
29
23
-36
00
100
100
02
415
58
(581
(52
88
10(5
108
739
201
930
02
105
131
100
795
405
1 , 044
(53
108
127
99
873
550
109
(x)
(x)
(x)
(x)
127
18
12
(x)
(x)
28
(x)
07
14
0
(59
23
2(5
25
25
3
0
1
98
247
44
99
24
75
107
179
18
(xx)
(xx)
—5
—5
45
12
8
(x)
(x)
(x)
(x)
-5
1
(x)
(x)
(xx)
(x)
10
2
0
(x)
(x)
(x)
(x)
23
—2
1
-1
(xx)
33
(x)
(x)
(x)
(x)
448
10
14
—1
107
127
95
82(5
498
99
2,957
5, 200
5, 745
6, 440
6, 536
928
2,914
1, 409
522
473
290
117
-37
8
-144
91
8
350
11
044
540
193
145
55
993
20
333
10
835
000
390
383
57
2 405
48
472
33
953
738
424
440
47
2. 509
(53
050
43
1 . 008
748
425
43(5
49
3.012
03
797
32
! . 088
708
450
451
53
2, 82(5
(55
(x)
(x)
20
504
(x)
248
(x)
(x)
(x)
(x)
79
(x)
257
0(5
(x)
2, 202
24
404
(x)
(ill
29
102
44
24
191
(x)
(x)
(x)
195
(x)
27
20
(x)
35
18
33
(x)
130
14
51
47
104
1
94
_2
14
13
21
14
2
-194
1
g
(x)
(x)
-15
(x)
20
73
(x)
10
-1
1
8
(xx)
(xx)
(x)
21
_2
11
10
—0
179
(x)
300
32
41
221
19
20
24
219
23
._ . _.
Denmark
Norway
Portugal
Spain
Sweden
Switzerland" 4
Turkey
United Kingdom
Other countries
Africa, total _
North Africa, total
Algeria
LibvaOther countries
-
*,
954
1,056
176
485
47
49
77
222
46
62
—6
46
18
4
8, 843
49
2, 365
4, 826
49
1,082
472
725
811
3
208
420
180
637
09
217
204
03
84
1,096
13
32
24
10
31
58
25
10
847
34
1,680
192
404
581
252
191
2,471
2,644
231
741
1. 000
384
283
4, 037
3, 087
201
857
1, 177
483
310
4,626
3, 671
283
1 . 00(5
1. 472
540
370
5, 172
1, 083
58
257
37(5
(x)
229
(x;
103
4(T 1,282
2, 063
174
582
950
232
119
2, 763
31
1
10
3
361
41
122
94
47
59
721
124
9
20
43
30
14
348
277
1(5
7(5
101
73
12
448
466
20
111
250
34
40
345
102
13
(5
70
299
3
84
174
23
14
121
42
51
25
44
109
09
03
1, 974
49
(57
83
31
59
110
254
(55
3 231
83
9(5
93
30
74
141
389
98
3 54-?
105
115
107
37
85
170
555
108
3, 805
128
(x)
(x)
(x)
(xx)
(xx)
(x)
(x\)
10
20
25
(x/
30
24
105
(xx)
(xx)
(x)
4
(xx)
(xx)
(xx)
12
14
10
(x)
14
41
228
10
348
39
3
10
37
4
8
184
4
143
65
10
21
0
13
17
117
4
2
1
1
2
8
92
3
4
287
664
925
1,058
1, 246
56
106
10
24
195
21
99
75
259
32
177
50
366
45
2(53
58
9
9
1
(
C
141
7
69
95
125
145
4
7
4
7
(x)
(x)
(x)
88
10
(x)^
6
45
203
4
3
104
12
84
8
(xx)
(xx)
1)
8
69
32
26
178
18!
20
12
17
10
20
-4
6
(xx)
10
(xx)
128
-4
21 |
—4
(i
3
47
Wrest Africa total
42
147
•>%
M'>7
359
170
99
139
151
Pi!)
107
178
(x)
(x)
(x)
(x)
135
177
381
394
41(i
461
133
20
140
59
301
21
82
28(5
20
85
309
83
353
71
(50
2
(x)
2,019
2, 291
2, 477
2, 495
29
1,761
692
309
38
58
19
18
8
149
19
1 138
881
113
1(59
185 i
35
9
9 i
30(5 !
44
1 139
1.152
159
178
-)
5l
4 >
34
414
(57
1 243
1. 234
188
147
303
47
41
440
(58
1 1?06
1, 289
190
1(50
3(59
(50
48
374
82
07
Oceania, total
Australia
New Zealand
Other countries
256
201
25
30
698
583
4-8
07
991
850
53
85
1, 107
95 (i
(54
87
1,261
1.091
82
88
08
International
356 ! 1.041
1.4JX !
1.-J86
1.641
54
50
58
59
00
01
r>2
03
04
(>5
Asia, total
Middle East
Far East, total
India
Indonesia
Japan
Malaya
Pakistan
Philippine Republic
Other countries . .
T
1,001
!
. .
v
xx Less than '-500, 000.
I Levised.
Preliminary.
x Combined in "otlu r" industries.
N(JTE: Detail may not add to totals because of roun c ing.
1. The value of direct investments abroad in 1962 ai id 1901 was adjusted by $—278 million,
n e n t s o n t h e companies' books, trai sfer
arid
to o her investment categories, profits or losses on li quidations, or transfers between areas
and industries. .Major items for 1902 i n c l u d e d : a d j u s ments to book values o ' $ — 20 million
30
117
8
135
627
54
!
8
31
128
32
190
12
307
1
53
21
11
-1
2.512
11
1
10
2(5
15
18
103
38
89
790
05
60
Federation of Rhodesia and Xyasalam
Republic of South Africa
Other countries
2
— 27
1
7,713
56
Central and South Africa, total
(x)'
-107
(xx)
884
46
50
0.
(x)
(x)
6,681
(xx)
51
„
(x)
618
30
Liberia
Other countries . .. . _ _ _ _ _..
(x)
(x)
3
4
31
—2
4,151
12
48
49
l
14
(xx)
(xx)
_2
-2
3
30
—31
0
131
East Africa
-. --
(xx
(XX)
-115
1, 733
4(i
i
248
8, 472
338
(-'0
(x)
37
42
43
44
45
1,599
8, 255
Common Market, total
Belgium and Luxembourg
France
Germany
Italy
- - - - - .Netherlands
Other Europe, total ._ - - - ._ __
41
ManufacOther
turing
8, 387
Europe, total
24
25
20
27
28
29
30
31
32
33
34
35
3(i
37
38
39
40
Mining Petroand leum
smelting
7, 434
Other Western Hemisphere
23
Total
4, 145
Argentina
BoHvia
Brazil
Chile
Colombia
Peru
Uruguay
Venezuela ^
Other countries
13
14
15
Hi
17
18
19
20
21
1901 '
Publicutili- Trade Other
ties
_. _
South America, total _ _
12
Manufacturing
._
Costa Rica
Dominican Republic
Guatemala
Honduras
IVtexico
Panamo
Other countries ;!
(i
Mining Petroand leum
smelting
(A)
(x)
4
462 I
1
(x)
(x)
(x)
:;g(;
"32
968
(xx)
(xx)
39
348
:
14
(x)
(x)
1
129
(x)
12<
(x)
31
317
73
14
119
(x)
(x)
89
8
i
(x)
(x)
(x)'
(x)
(xx)
3
4
1,148
(xx)
29 !
612 !
(x)
(x) i
(x)
i
(x)
(x) .
(x)
(x) ! (x) i
1
(xj
(x)
(x) i
(x)
41
42
1
36
2
(xx;
i
(x)
(x)
28
3
618
(x)
(x)
(x)
673
43
2
39
2
15)
131
78
9
159
20
112
19
14
-31
29
—7
85
39
(x)
(x) |
59
24 1
15
136
101
144
210
(50
48
198
47
72
52
19
(xx)
67
411
31
89
-3
90
82
(xx)
8
(x)
(xx)
(x)
(x)
(x)
(x)
15
107
21
9
22
52
11
5
— 1(5
3
113
104
10
j
68
17
(x)
(x)
I
(x)
(x)
2
(xx)"
3
28
19
4
21
1
110
1
9
(x)
168
;
i
i
j
(x)
(xx)
(x)
(x)
116
11
1
102
(x)
(x)_
1
1
12
84
(xx)
(x)
(x)
1
1
(xx)
19
(x)
(x)
-2
9
(xx)
(XX)
(xx)
(x)
(x)
(X)
(x)
(x)
12
3
(x)
(x)
17
10
(x)
(x)
6
-5
(x)
(x)
(x)
(x)_
(x/
47
(xx)
-3
3
24
-11
1
58
23
(x)
12
(x) i (xx)
(x)
8 i
(x)
(x) '
(x)
(x)
Cx;
1
1
(x) j
29
(x)
( x)
(\)
-8
:
71
02
8
3
4
22
44
11
5
-17
8
37
2
1
75
($—10 million in petroleum and $—10 million in mining and smelting in Latin America),
a subsidiary oi a petroleum company in Canada valued at $102 million, was spun off and
d i s t r i b u t e d to stockholders, with the proportions owned jy U.S. stockholders added to
"other" foreign securities; a sale of a public utility company in the Philippines in exchange
for notes resulting in a transfer to "other long-term investments'' of $49 million; other valuation adjustments n e t t i n g out to $—47 million.
Selected Countries and Years, With Major Industries for 1962
Earnings, by Selected Countries, With Major Industries for 1962
by Selected Countries, With Major Industries for 1962
[Millions of dollars]
Table 4
Table 3— Continued
Earnings
Undistributed subsidiary earnings
1962 P
1962 p
1
1961 r
1961
Petroleum
Mining
and
smelting
Total
Income
Manufacturing
r
Total
Other
Mining
and
smelting
Line
1962 P
1961
Petroleum
Manufacturing
Other
r
Total
Mining
arid
smelting
Petroleum
Manufacturing
Other
1, 054
1,202
55
148
521
478
3, 815
4,245
367
1,716
1,310
852
2,768
3,050
314
1,578
741
417
1
266
368
37
33
230
68
726
833
91
121
460
161
464
476
53
90
219
114
2
255
287
9
43
100
135
964
1,028
147
490
167
224
730
761
141
447
70
103
3
97
129
3
17
16
93
183
219
19
18
43
139
94
97
16
1
28
52
4
1
2
1
2
2
1
24
97
1
2
2
1
6
83
1
1
17
-3
9
51
98
10
4
19
2
7
63
114
10
1
4
35
3
1
4
19
5
7
12
100
2
15
-4
8
46
20
8
4
17
(xx)
7
44
18
7
24
1
1
4
17
3
7
10
17
1
ft
6
7
8
9
10
11
84
42
781
809
472
124
85
637
664
42
51
12
19
19
(xx)
10
7
3
—2
(xx)
18
1
100
-10
71
52
33
61
4
467
3
80
-10
86
72
21
52
3
505
(xx)
32
48
-10
15
16
6
10
(xx)
64
(xx)
36
-11
35
58
27
57
2
432
1
45
-10
24
64
12
51
1
477
(xx)
12
33
-10
7
13
4
11
(xx)
46
(xx)
13
14
15
16
17
18
19
20
21
9
1
9
80
2
(x)
(x)
(x)
(x)
(x)
(x)
(xx)
(x)
2
(x)
(x)
(x)
(x)
3
11
1
(xx)
2
158
158
64
1
39
3
7
4
38
6
67
11
10
:
(x;
52
',3
0
(xx)
3
(x)
( x)
-1
(xx)
(x)
1
(x)
1
(XX)
2
29
37
1
(x)
(x)
4
1
1
9
26
(x)
(x)
(xx)
13
3
(xx)
(x)
1
10
(xx)
(x)
(x)
(x
(x)
(x)
10
(xx)
(x)
(x)
-3
(x)
6
11
3
128
(x)
(x)
5
53
(x)
(x)
(x)
9
(x)
8
7
(x)
30
(x)
429
(xx)
(x)
(x)
(x)
(x)
(xx)
(x)
64
3
7
5
3
12
(x)
(x)
(x)
(x)
(x)
8
3
125
(x)
(x)
2
52
(x)
33
(x)
(x)
(xx)
(x)
(x)
-3
(x)
2
(xx)
2
(x)
(x)
(x)
(x)
446
(x)
(x)
1
(x)
7
3
(x)
420
(xx)
(x)
14
-1
1
4
1
11
(x)
23
40
3
20
6
11
115
169
83
62
7
17
94
130
79
42
1
8
22
332
299
-2
5
138
158
837
851
5
72
493
281
486
526
7
66
331
122
23
10
—4
8
9
—7
4
-5
(x)
—5
i
(x)
(xx)
—3
44
27
4
10
4
5
4
129
(xx)
1
1
3
1
I
83
(xx)
34
10
344
45
58
184
28
29
494
4
6
5
7
8
10
84
-6
359
17
360
41
59
197
30
34
491
6
2
5
6
12
12
106
-1
319
24
57
233
34
28
145
18
8
261
(x)
4
2
(x)
5
3 1
13
70
9
15
25
9
13
215
6
3
2
6
6
193
26
26
103
23
15
292
5
5
247
35
"""(xx)"""
137
(x)
29
(x)
45
2
7
17
10
9
21
41
4
4
19
4
9
87
5
1
2
3
5
12
14
226
73
161
29
11
101
15
5
171
(x)
4
1
(x)
1
1
13
(xx)
149
(xx)
38
8
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
21
10
41
129
14
28
67
6
14
203
-1
1
3
3
5
I
60
1
122
10
81-•
(x)
33 (xx)
42
(x)
2 ! (x)
12 !
218 ! (x)
(xx) i
(x)
-3 I
(x)
3
(x)
3 ;
(x)
4 | (x)
80 ;
3
(x)
113 L.
17
(x)
-<
15
29
4
4
94
(x)
1
1
(x)
3
2
0
(xx)
2
—4
6
1
83
1
34
45
7
17
11
4
1
3
2
1
1
(xx)
(x)
(x)
-1
1
(x)
(x)
—4
(xx)
(xx)
(xx)
i !
(x)
(x)
' (xx)
1
(x)
o
""(XX)""
(x)
(x)
(x)
(x)
(x)
(x)
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(x)
-5
1
(x)
1
2
__3
-3
20
4
(x)
(x)
-6
32
20
-3
36
1
1
1
1
00
(x)
(x)
(x)
(xx)
—2
5
2
-58
—3
(xx)
-1
(x)
(x)
-6
-1
_2
3
_2
(xx)
1
—1
(xx)
-1
(xx)
-2
1
(xx)
6
2
1 i
(x)
(x)
(x)
2
5 ;
(X)
(X)
(X)
1
5
27
-16
17
-19
10
3
72
82
23
10
(xx)
23
12
61
(xx)
9
72
1 ...
8
15
_
7
1 ':
1
39 !
(xx) :
62
33 !
—9
3;
71
16 i
7
9
0
(xx)
(xx)
* !
4 i
31 i
(xx) !
—9
14 1 '<
2
2 I
16 !
6 |
!
21
15 |
3
3
!
60
20
6
(xx) !
(x)
(x)
(x)
(x)
(x)
2
-5
2
1
-6
(x)
(x)
(x)
(xx)
11
-3
1
8
(x)
(x)
M
(x)
(x)
00
(\}
(xx)
11
(x)
(x)
(x)
(x)
2
1
-3
211
7
34
11
40 j
239
6
25
2
24
3
-10
2
2
14
5
982
1, 048
770
212
25
66
34
7
3
63
14
852
196
23
73
33
7
3
42
15
8
13
3
2
92
77
13
2
127
112
14
1
62
68
110
10
-23
2
(x)
(x)
fx)
(x)
31
20
11
7
—7
17
—19
25
-18
16
-23
8
47
1
8 |
39
(x)
(x)
(x )
(x)
31
(x)
26
1
931
49
66
915
845
3
86
47
14
2
12
4
61
9
71
21
7
3
780
135
8
61
15
2
(x)
I
(x)
(x)
3
(xx)
(xx)
(xx)
(x)
00
(x)
(x)
1
-56
1
(x)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
14
2 |
(xx)
3
33
28
13
8
(x)
(xx)
(x)
(x)
(x)
(x)
1
—2
5
2
6
4
21
(xx)
19
(x)
(x)
(x)
(xx)
13
80
4
25
12
96
1
23
279
5
5
4
3
31
—4
1
3
3
3
11
24
99
-53
-2
-53
2
10
(xx)
1
-1
16
27
~3
13
15
(x)
8
33 !
(xx)
(x)
28
(xx)
(x)
(x)
(xx)
851
164
17
83
25
5
1
23
10
-23
—2
(x)
(x)
—5
1
-2 !
3
3 |
(xx)
(x)
(x)
(xx)
11
1
46
47
16 !
-23
49
4
50
-24
(x)
(x)
(x)
(x)
16
8
9
(xx)
(x)
(x)
(xx)
(x)
(x) !
(x)
21
(x.)
20
(x)
(xx)
4
(xx)
940
31
43
1
846
94
(x)
2
29
3
40
5
83
21
5
1
14
9
(x)
(x)
(x)
(x)
12
(x)
(xx)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
4
9
1
48
51
52
53
1
(x)
42
43
44
45
6
2 i
(xx)
1,015
1
—4
24
-1
(x)
41 1
1
54
55
56
57
58
59
60
61
62
63
!
42 !
-1
33 if (xx)
8
1 :i
— ] i
87
!
25
20
5
10
(x)
(x)
(x)
;
4
5
_1
102
94
8
(x)
__
17
13
65
55
9
6
2
(xx)
4
75
69
4
5 1
(xx)
(xx)
-6
(x)
(x)
(x)
!
25
Major items for 1961 included: adjustments to book values of $309 million ($406 million in
petroleum in Venezuela, $—42 million in public utilities in Latin America, and a total of
$—55 million in petroleum in Africa and in mining and smelting in Latin America); transfer
to other investment categories of $177 million in public utilities in Canada; increases to
book values for investments not previously reported, $54 million.
2. Income is the sum of dividends, interest and branch profits; earnings is the sum of the
4
(x)
(x)
43
67
17
32
23
67
65
2
(xx)
10
(xx)
3
(xx)
64
65
66
67
9
68
U.S. share in the net earnings of subsidiaries and branch profits.
3. Data for other countries include Cuba for 1950 ($642 million), 1957 ($849 million) a
($956 million).
4. Data for Switzerland have been adjusted to exclude from book values $32 million in 1962,
and $53 million in 1961, because of transfers from Swiss primary holding companies to secondary operating companies located primarily in other European countries.
/'<tQKA million ^
SURVEY OF CURB EXT BUSINESS
20
development of iron ore properties;
manufacturing investments in Canada
continued to increase at about $250
million annually, but in 1962 the growth
was financed very largely by reinvesting
most of a sizable gain in earnings.
Investments in petroleum facilities were
moderately higher, largely because of
acquisition from foreign owners of
additional interests in Canadian firms.
In other developed countries, U.S.
companies invested an additional $270
million in 1962, a considerable rise over
1961. Australia and Japan received
most of the added capital flow, with
lesser amounts going to New Zealand
and South Africa.
Less-developed countries
For Latin America, the sum of capital flows and reinvested earnings for
U.S. investments was reduced to about
$250 million in 1962 compared with
over $400 million in 1961. The 1962
result was greatly influenced by large
net cash inflows from petroleum and
other investments in Venezuela. If
Venezuela is eliminated, U.S. investors
added over $400 million to their
Latin American investments in 1962,
nearly the same amount as in 1961.
The 1962 investments were very largely
in manufacturing facilities, the investment in which was raised by over
$200 million in the year, with about
half going to Argentina. There was
also an addition of about $60 million
to manufacturing investments in Brazil,
but only $10 million came from capital
flows, with the remainder representing
reinvestments of considerably enlarged
earnings. These figures are not adjusted for any unrealized foreign exchange losses incurred during the year.
Investments made in other lessdeveloped areas in 1962 rose slightly
to about $450 million. Within this
total, there was a sharp decline in
DIRECT FOREIGN INVESTMENTS - ANNUAL ADDITIONS
1. Strong Uptrend Shown for DEVELOPED
COUNTRiE$*in Past Four Years
3.
Investment in PETROLEUM Remains
High-Though Far Below 1956-57 Peak
Billion $
[
I
I
1 2 .
Tola/
\
2.0
1.0
I
1.0
4.
2.
j
0
Largest Additions Are Now in
MANUFACTURING
While in LESS DEVELOPED COUNTRIES
Annual Additions Have Shown
Little Variation
1.0
3.0
2.0
5.
-
Investment Gains in OTHER INDUSTRIES
Are More Regular
1.0 h
1950 52
1,0
54
56
58
60
62
1950 52
54
56
* Includes Canada, Europe, Union of South Africa, Japan, Australia, and New Zealand.
U.S. Department of Commerce, Office of Businsss Economics
58
60
62
Table 5.—Direct Investments in Manufacturing Enterprises Abroad, 1950,1957,1961
and 1962, by Commodity
[Millions of dollars; yearend book values]
Manufacturing, totalFood products
Paper and allied
products
Chemicals and allied
products
Rubber products. _.
Primary and fabricated metals _
Machinery (except
electrical)
Electrical machinery.
Transportation equipment
Other pr o ducts -
1950
1957
1961 i
1962 ;
3, 831
8,009
11,984
13,212
483
723
1.000
1.095
378
722
904
939
512
182
1,378
401
2. 048
547
2. 252
608
385
941
1.328
1.444
420
387
927
731
1.476
989
1. 634
1. 072
485
599
1,204
983
2.312
1.380
2.631
1.537
NOTE: Detail may not add to totals because of rounding:
data for major areas are available on request.
1. 1961 and 1962 data exclude Cuba. These investments
were estimated at yearend 1960 at $111 million, and included
$21 million for food products, $28 million for chemicals and
allied products, $28 million for the "other products" group
and $34 million for all other manufacturing industries.
financing of oil company operations in
the Middle East, offset by larger investments to expand oil production
facilities in North Africa and refining
and distribution capacities in other
areas. Manufacturing investments remained minimal in these countries.
Major industry developments
Billion $
3 . 0I
August 1963
Direct investments in manufacturing
in all countries were at a rate of
0
$1.2 billion in 1962, a sizable jump
over the $900 million invested in
1961. About 80 percent of the additional investment in each of these
years went to the developed countries,
and data now available on investment
plans for 1963 indicate a similar outcome.
The transportation industry (largely
automobiles) continued to account for a
large part of the manufacturing investment (26 percent) with continued
expansions in Europe, Australia, and
Latin America. The chemical industry
is growing in importance and invested
over $200 million in 1962, including
investments by oil companies in petrochemical plants. Other important commodity sectors now growing at a relatively rapid rate are food products,
rubber products, and primary and
fabricated metals (including reduction
and fabricating of aluminum), while
the machinery and paper industries are
increasing at a slower rate (table 5).
The amount added to petroleum
investments declined by one-quarter to
$685 million in 1962, but company pro-
SURVEY OF CURRENT BUSINESS
August 1963
jections indicate that 1963 totals may
return to the 1961 level. More than
one-half of the new petroleum investments are now being directed to increase
refining facilities around the world,
particularly in Europe and other developed countries of the Eastern Hemisphere. Investment flows to other
industries were maintained close to the
substantial levels of recent years—about
$0.9 billion.
60
!
ALL INDUSTRIES
40 30
BOOK Value
(left scale)
20 *
*
10
i
I
Earnings
(right scale)
i
i
l
l
l
~
15
PETROLEUM
10
9
8
7
6
5
1950 52
54
56
58
60
^End of Year
y.S, Department of Commerce, Office of Business Economics
The heavy volume of new direct
Capital coming from abroad for longinvestments in recent years continued term investment in the United States
to push earnings to higher levels with amounted to $270 million in 1962, comthe total reaching $4.2 billion in 1962. pared with about $450 million annually
The increase in earnings in 1962 in 1960-61. The decline showed up
amounted to $430 million, of which mainly in sharply reduced investments
more than half accrued to petroleum in U.S. equity securities after mid-1962.
companies, and $100 million was accounted for by manufacturing enterForeign Issues Placed in the
prises. These earnings represent the Table 6.—New
United States, 1957-June 1963
share of U.S. stockholders and parent
illioiis of dollars; "before deducting discounts and
commissions]
companies in the earnings of foreign
subsidiaries, affiliates and branches.
Gross amount
U.S. portion
offered
Out of this total substantial amounts
Billion $
Areas
are held abroad as undistributed profits.
%V
[o'|
-22
-12
The higher 1962 earnings were reflected
;>££
J5 P °
'C o
p*
EH
in an increase in the amounts retained
by foreign subsidiaries, which rose by
1963 (Jan.-June) p
1,126 292 834 996 193 803
Total
about 15 percent to $1.2 billion.
25 614 609
22 587
Canada _
_ 639
44 U68
i 275 107 i 168 i 212
Europo i
_
Despite the heavy investment flow Australia,
RcDublic of
South A frica/New Zeainto manufacturing operations in
34 125
93 32
159 125
land and Japan.
18
35
50
34
53
16
_ _
Europe earnings declined by $37 million Other countries
1962
687
in 1962, with the chemical producers
587
1,090
424
1,274
666
Total
477 459 (*) 459
477 (*)
Canada
59 199 141
particularly affected. However, Cana- Europe
273 214
58
Republic of
dian earnings recovered strongly and Australia,
South Africa, New Zea30 168 138
230 200
30
land and Japan
62 2121 2180
manufacturing returns improved by Other
61 2 119
countries2,. _ _ __ _ 2183
84
84
111 111
International Bank _ _
$100 million to $460 million. In Aus1961
623 290 333 551 225 326
Total
tralia and New Zealand, manufacturing Canada
50 211 248
261
40 208
41
43
58
84
17
41
earnings rose by 50 percent, but changes Europe
Australia, Republic of
South Africa, New Zeain other areas were limited.
47 106
89
61 45
136
land and Japan
34 127
96
95
130
32
countries
Income receipts from abroad, which Other
12
12
12
12
International Bank
include branch profits, dividends and
1960
661 440 221 585 344 241
Total.
82 248 143 105
261 179
interest, moved up by 10 percent to Canada
35
15
24
11
50
13
Europe
$3.1 billion. Most of this additional Australia, Republic of
South Africa, New Zea50
15 42
27
income came from foreign petroleum
65
15
land and Japan.
67 109 174
66 108
176
Other countries
109
operations, with only minor amounts International
97
97
109
Bank
1959
applying to manufacturing, mining, or
794 568 226 639 424 215
Total
495 313 182 451 280 171
Canada
_ __ __
- .4 other industries.
44
79
35
44
163 119
Europe
Republic of
In addition to the income listed above Australia,
South Africa, New Zea55
32
55
32
land and Japan
derived from foreign operations, parent Oth6r
67
63
67
63
countries
14
14
14
14
companies in the United States collected International Bank
1958
- .2 additional revenues from foreign affili1,144
106
981
887
1,
250
94
Total.
- 96 378 290 88
414 318
10 126 120
231 221
6
ates amounting to more than $0.5 bil- Canada
Europe
_ __
Republic of
lion (exclusive of foreign film rentals) in Australia,
South Africa, New Zea39
100 100
39
land and Japan
85
67 .....
67
85
the form of royalties and management Other
countries
371 371
420 420
International Bank
fees. More than half of this amount
1957
713 539 174 612 442 170
Total.
was received from foreign manufactur- Canada
350 182 174 332 162 170
2.0
26
26
65
65
Europe
ing subsidiaries (table 7). These reve- Australia,
Republic of
South
Africa,
New
Zea1.6
nues are now expanding rapidly, with
20
13
13
20
land, and Japan
51
51
51
51
Other countries
an increase of $100 million in 1962 alone. International
221 221
190 190 ----1.2
Bank
There have also been sizable gains in
1.0
income
received from the mounting
P Preliminary.
.8
* Less than $500,000.
volume of portfolio and short-term in1. Includes $115 million of bonds of Shell Funding Corpo.6
vestments abroad. In 1962 interest ration.
62
2. Includes $75 million offering of Inter-American Developand dividends received on these invest- ment
Bank bonds.
ments reached $800 million, compared
NOTE: The amounts sho\vn for U.S. purchases exceeds the
figures used in the balance of payments because the latter
with $700 million in 1961.
exclude discounts and commissions.
| Privately
offered
(ratio scale)
Billion $
Foreign long-term investments in
the United States
0
Publicly
offered
DIRECT FOREIGN INVESTMENTS
Book Values and Earnings
Earnings and Income
21
S3 <3>
SURVEY OF CURRENT BUSINESS
22
Direct investments by foreign firms
in the United States were moderately
higher in 1962, but the capital inflow of
$132 million included over $80 million
of increased liabilities of trading companies, rather than more permanent
investments here. In addition to the
capital inflow, about $200 million was
added to these investments out of retained profits.
Table 7.—Direct Investment Receipts of
Royalties and Fees,1 by Areas and Major
Industries, 1961 and 1962
[Millions of dollars]
1901
Area and industry
\11 areas, total
Petroleum
- ,
M anufacturing
Trade
_
__
Other industries
r
1962 P
448
- . - --
548
97
303
56
92
95
240
47
07
..
Most proposed direct investments in
the United States call for only relatively
minor amounts of financing from
abroad—U.S. sources generally supply
most of the funds required.
Changes in investment position
The overall international investment
position reflects the activities of private
investors here and abroad, the changes
in short-term liabilities and monetary
assets largely depending in one way or
another on the outcome of the other
sectors of the international transactions
of the United States, and the extension
of credits of various kinds by the U.S.
Government. The aggregate outstand-
August 196;
ing amounts of these assets and liabili
ties are given in table 9.
Changes (including both capital flow:
and valuation changes) in the key types
of assets and liabilities from 1950, whei
our balance of payments position changec
deeisively through 1962, appear below
Net increase in private and non-liquid investments.. +25
U.S. Government credit
foreign currency claims
(Continued on paye 2
Table 9.—International Investment Position of the United States. Total 1950, by Irea,
1961-62
[.Millions of dollars]
r
> Preliminary.
Revised.
XOTE: Detail may not add to totals because of rounding:
data for major areas are available on request.
1. Excludes foreign film rentals.
Table 8. — Foreign Direct Investments in the
United States-Capital Flows,, Reinvested
Subsidiary Earnings, Earnings and Income Payments, 1961-62, with Major
Industries for 1962.
[Millions of dollars: Capital Outfl
Total
Typo of investment
U.S. assets and
abroad, total
Long-term
1962
Total
Sc.
*
"5
ci
23
1
All areas, total
Capital inflow
_
Reinvested earnings.. _
Total (additional
investment)
Earnings
Income paid abroad L
Canada
Capital inflow. ..
Reinvested earnings. _.
Total (additional
investment)
Earnings
Income paid abroad ' _
73
238
132
214
41
88
47
44
1 28
311
435
233
345
432
258
129
146
76
45
140
147
172
145
35
—3
43
—5
45
20
56
—1
28
12
37
106
95
99
147
105
40
53
11
19
75
76
40
19
18
40
United Kingdom
C apital inft o w
Reinvested earnings...
Total (additional
investment)
46
73
19
44
-
5
j
—1
38
119
63
14
4
45
Earnings
Income paid abroad ! .
130
60
105
65
35
30
97
29
42
6
Other Europe
Capital inflow
Reinvested earnings...
Total (additional
investment)
32
120
43
114
35
42
19
(*)
— 11
152
155
75
19
62
Earnings
Income paid abroad ! _
189
72
172
75
64
32
29
33
79
10
_2
5
27
"l
4
—4
3
20
3
28
(*)
3
25
10
10
13
—4
3
Q
4
1
Other areas
Capital inflow.
Reinvested earnings...
Total (additional
investment)
Earnings
Income paid abroad { .
73
Inter national
institutions
and
an allocated
investments
„
-
•j t on
4
19,004 55,513 59,810 12, 713 14,460 19, 092 19,746 11,637 12, 190 1 9,513 10, 602
2,558
2,812
17. 488 j 49.003 52. 576 11,398 12. 892 17,926 18, 529
2. 557
2.811
Short-term assets and claims. 1.516
6. 510
7, 234 1,315 1,568 1,166 1.217
Denominated in dollars . _ 1.174
Denominated in foreign
currencies., . . _ .
342
5. 667
6, 322
843
912
928 1,119
841
933
387
449
325
284
U.S. Government credits and
claims
12, 535 19, 501 ^20,316 8,570 7,878
5
7
Long-term
_ _ _ _
10. 768 14.749 * 16, 040 7,818 7. 207
Foreign
currencies
and
short-term claims
322 2. 946 3,113
636
575
IMF position and monetary
authorities holdings of
convertible currencies
1,445 1. 806 1, 163
116
90
5
4
_.
9,865 10,251 7, 257 8, 093
1
7,997 21,444 20,201 15, 274 14, 357 3. 637 3. 517
Direct
_ _ _ 3.391
7.597 5, 129 5, 233 i,989 2. 061
Corporate stocks
2. 925 11.808 10.336 8. 706 7, 697 1, 461 1.242
Corporate, state, and mu1
\ ("0
nicipal bonds
181
638
657
430
439
Other
1,500 1.606| 1.611 1,009
988
186
214
Short-term assets and U.S.
Government obligations. 10. 410 25. 434 27. 167 12, 168 12.335 3, 164 3,712
1,772 1.939J 2.256 2. 509
1
1
1.729 1.890 2. 168 2. 379
1
1
431
49
2, 057
851
970
21
23
1 690
1 064
4,019j 4,146 5,052 5,516
2,658
2,879
1.352 1.219 1.129 1.046
52
02
51
49
2,606
2.817
829 1.303| 2,248
2, 294
175
193 2, 109 2. 318
130
927
137
785
75
20
"f
9
99}
452
494
1,470
2. 789
333
254
2. 463
251
251 1
9.282 11,515 5, 763 6, 092
806
674
340
271
144
663
166
563
1 9Q
191
188
2. 667 2, 927 3.923 4.470
3.933 12,071 13, 827 6, 569 7,017 1 . 067 1.813
1 899
(x)
2,562
U.S. Government obligations
2, 061
130;
2,696 3, 115 5, 668 7, 259
6 477 13 363 13 340 5 599 5 3 18 1
Long-term marketable
issues _ . _
Non-marketable, medium-term non-convertible securities
S hort -term 5
88;
2.52l| 2.922 3. 559 4. 941 j
Private obligations
9 n07
9
SCO,
8. 255 8. 472 5, 596 6,05S! - 1. 486 - 1. 641
245| 345
927 1.133s 1.018 1.085
66
97
S5
237
268!
53
1U7
1 °99 i :«?
6 Q 4i
3
Foreign assets and investments
in the United States, total 5
18, 407 46,878 47,368 27, 442 26, 692 6, 801 7,229
Long-term.
1962 P
31, 539 1 75 014 80 126 21 283 22 338 19 097 19 753 14 333 15 °05 is: ici 17 861
9 9 J E ; I 9 -C2Q
727 1.542 """lie -24)
3 i )94 3 1 67
79
73
1,231
750 1.230
1,017
(.*)
1. Includes interest as well as dividends and branch profits:
after withholding tax.
* Less than $500,000.
Ot her
forx nen
coin tries
|
Direct
11.788 1 34, 664 37.145 7,713 8, 843 11,614 12. 131
Foreign dollar bonds 3
1.692 o. 405 6, 373
406
554 2. 809 3. 256
Other foreign securities . _ 2, 641 5. 602 5.429 2,044 2, 174 3,202 2,805
Other
._ 1 . 367 3.332 3,629 1 235 1 321
301
337
££
1961
Latin
American
Republics
Canada
1950 1961 ' i 1962 P 1961r 1962 i> 1961 r 1962 P 1961 r i 1962 P 1961 ' 1962 P 1961 r
Private investments
-)]
Western
Europe
1. Data for Cuba omitted effective 1961; see notes to table i for other adjustments.
2. Represents the estimated investment in shipping companies registered in Panama and Liberia
3. Consists primarily of securities payable in foreign currencies, but includes some dollar obligations inc»ucl
pation m loan made by the International Bank for Reconstruction and Development.
4. Outstanding amount of r .S. Government lone-term credits is raised by $490 million
of postwar aid to Japan, and reduced by $50 million for other miscellaneous adjustments.
5. Total includes estimated foresiin holdings of U.S. currency as of end of 1950. $772 mi
789
1
1.505
BY ANGELOS J. CLONES AND GARY C. McKAY
Transportation Transactions in the U.S. Balance of Payments
i
INTERNATIONAL
transportation If, however, the exports are shipped via
transactions constitute one of the major a foreign carrier the freight cost would
components of the balance of inter- not be included in the U.S. balance of
national payments of the United States. payments, since the transaction is
In 1962 U.S. credits (receipts) on thebetween foreign residents.
transportation account amounted to
Other elements of freight transporta$1.75 billion or about 6 percent of all tion costs include payments to foreign
exports of goods and services. Corre- airlines and receipts of domestic air
spondingly, U.S. debits (payments) carriers for the carriage of goods, reresulting from all forms of international ceipts of U.S. pipelines in Canada,
transportation were $2.06 billion or credits resulting from intransit Canamore than 8 percent of all goods and serv- dian goods using U.S. rail lines, and
ices imported. This excess of debits credits on intransit foreign goods
over credits, amounting to $306 million, moving by U.S. railroads.
was the fourth consecutive net debit
Passenger fares are also included in
balance in nondomestic transportation this account and comprise receipts by
since 1958. Preliminary data for the American airlines for the transportafirst half of 1963 indicate a continuation tion of foreign passengers to and from
of this condition.
the United States and for the transportaSince United States merchandise tion of foreign residents between foreign
exports and imports are valued f.o.b., countries. United States debits include
that is, including ship loading fees but
excluding transportation and related U.S. INTERNATIONAL TRANSPORTATION
charges, these costs are separately
Receipts and Payments
valued and recorded in the transportation account of the U.S. balance of Billion $
payments. The major elements com- 2.5
U. S. Receipts from Transportation
prising this account are freight charges,
Services Rendered to Foreign Residents
passenger fares, and expenditures in 2.0
port.
Freight on imports is ultimately paid
by the American importer either direct- 1.5
ly to the carrier, or via the foreign
Payments Made to
exporter whenever the purchase is made 1.0
Foreign Carriers by
on c.i.f. (cost plus insurance and freight
U. S. Residents
charges) terms. Shipping charges for
.5
the carriage of American imports are
therefore debits in the balance of interI
I
I
I
I
I
I
1
national payments, provided that the
carrier is a foreign operator. If the
carrier which transports the imports is
a domestic concern the payment for
freight is not recorded, since only trans- 1.0 actions between U.S. and foreign residents enter into the balance of payments.
Similarly, freight on U.S. exports is
ultimately paid by the importing country regardless of whether the purchase
was made on f.o.b. or c.i.f. terms.
When U.S. exports are transported on -.5
American carriers the freight earned is
1948
50 52 54 56 58
60 62
63-8-7
a credit in the U.S. balance of payments. U.S. Department of Commerce, Office of Business Economics
the reverse transaction, fare payments
by U.S. residents to foreign transportation companies.
Operating costs or expenses in port
are another important part of transportation transactions. Port expenditure
receipts include disbursements by foreign sea and air carriers in the United
States for fuel, port fees, provisions,
maintainance, advertising, stevedoring
and other wages paid to personnel in
the United States. Similar payments
are made abroad by U.S. carriers in
foreign ports.
Postwar changes in ocean
tra n sport a tion
Up to a few years ago the substantial
loss of merchant marine tonnage by the
principal maritime nations during
World War II at a time when U.S. tonnage was undergoing a fourfold expansion; increased international trade during the postwar reconstruction stage;
and the subsequent world economic expansion all had the effect of placing
American transportation services at a
premium. From 1940 through 1958
the United States had a net credit balance in the transportation account of its
balance of payments. Prior to that,
in every year from 1922 to 1939, United
States debits exceeded credits on transportation services. During the 1950's,
however, most merchant marine countries gradually replaced their depleted
fleets with new, larger and more efficient
vessels, which offered stronger competition to the ocean transportation services
of this country. Since 1958 the net
position of the transportation account
has reverted to its prewar pattern of a
net payments balance.
From 1952 to 1962 freight receipts
declined relative to merchandise exports from 5.9 percent to 3.2 percent.
On the other hand, freight payments
rose relative to merchandise imports
from 3.9 percent in 1954, the first
year after the Korean conflict, to 6.5
percent in 1962, The recent excess of
freight debit?, over credits reflects the
declining participation of U.S.-flag ves23
SURVEY OF CURRENT BUSINESS
24
sels in the transportation of United
States foreign trade. In recent years
about one-fourth of the value of U.S.
ocean-borne foreign trade has been
carried by the U.S. merchant marine.
partially balancing element, minimizing large fluctuations on the credit or
on the debit side of the transportation
account of the balance of payments.
Because revenues from the carriage
of goods are offset to a large extent by
port charges and other related costs,
extreme shifts in the carriage of U.S.
trade are comparatively small in their
net effect if it is assumed other factors
do not change.
In table 2, the 1962 actual ocean
freight balance of payments position
is presented and compared with the
extreme cases that all U.S. exports and
imports were carried by American-flag
vessel, or that only foreign-flag vessels
were used in the transportation of U.S.
foreign trade. These extremes assume
that sufficient vessels are available and
that freight rates do not change, and
are presented solely to illustrate how
shifts in the carriage of freight between
U.S. and foreign vessels tend to affect
our transportation account.
If U.S. vessels carried all of this
country's ocean-borne commerce, no
debit from freight would result, but
port expenditures would increase greatly as a result of the increased activity.
If all U.S. ocean-borne imports and
exports were carried aboard foreign
Port expenditures a balancing factor
A large imbalance in the transportation account is unlikely because of the
countervailing effect of port expenditures resulting when either U.S. or
foreign operators enlarge their carriage
of U.S. commerce relative to the other.
Port expenditures, which include wage
payment to crew, bunker age, port use
and piloting fees, advertising, and in
some cases loading and unloading
charges, constitute a large part of the
total cost of moving goods in international trade. As U.S. payments to
foreign carriers for the transport of
U.S. imports and passengers increase,
the port costs of these carriers in the
United States must also rise since these
charges are directly related to the
increased activity of the carriers in the
United States.
Conversely, when
transportation receipts from additional
freight earnings on U.S. carriers increase, U.S. payments to foreign countries on port expenditures also rise.
Thus, port expenditures constitute a
Table 1.—U.S. Balance of Payments on Transportation Account, by Major Items, 1952-1962
[Millions of dollars]
1952
Credits:
Freight
Ocean
\ir
- - Other
1953
1954
1955
1956
790
725
24
41
542
471
28
43
517
445
26
46
633
554
33
46
766
676
36
54
Passenger fares . _
Ocean
Air
112
24
88
107
21
86
111
93
88
121
23
98
25
101
Port expenditures
Ocean __ _
Great Lakes
Air
498
462
4
32
505
465
<
36
512
469
40
606
548
5
53
88
44
31
1,488
1, 198
460
428
3
29
Passenger fares
Ocean
Air
1957
1958
1959
1960
1961
1962
911
818
41
52
654
559
44
51
622
499
49
74
676
564
55
696
585
54
701
588
56
57
148
24
124
156
24
132
165
20
145
146
20
126
151
18
133
142
14
128
663
594
5
64
848
766
5
791
692
4
95
822
698
6
118
834
681
6
147
812
633
874
678
6
190
46
62
60
37
37
31
29
32
1, 171
1,406
1,617
1, 967
1, 638
1, 6 16
1,687
1,688
1 749
459
423
4
32
400
369
515
480
637
760
26
28
12
31
781
743
13
95
861
812
19
30
963
910
9
31
31
848
791
22
35
877
817
26
34
175
133
42
181
133
48
186
130
56
?06
138
68
241
154
87
264
133
131
323
166
157
388
183
205
513
212
301
516
207
309
563
201
362
Port expenditures
Ocean
. _ _
Great Lakes and rail- _
Air
302
25
87
256
142
23
91
254
141
21
92
284
153
23
108
310
168
23
119
355
203
25
127
341
170
20
151
337
155
21
161
370
167
22
181
402
231
21
150
429
241
21
167
Other
178
185
186
199
220
190
191
173
112
183
186
1, 636
1,759
1, 988
1,949
2,055
-4-2
! -m
-301
-261
-306
Other
Total
Debits:
Freight
Ocean
Air
Other
Total
Net
u;o
„
1, 115
1,081
1,026
1, 201
1,408
1,569
+37.3
4- 117
+ 145
'
+202
+209
+398
172
August 1963
vessels, payments to the United States
for port expenditures would offset some
of the increased freight payments.
This table indicates that the United
States balance of payments position on
ocean transportation could fluctuate
between the limits of $820 million excess of credits over debits if all freight
were carried on U.S.-flag ships, to $300
million excess of debits over credits if
all cargo were carried by foreign-flag
ships.
When the assumption is made that
the carriage of all trade is shifted to
U.S. vessels, freight receipts rise sharply
because of the relatively higher freight
charges by U.S. operators on exports,
which are largely liner tonnage with
relatively high rates. On the other
hand, when it is assumed that all our
imports are carried on foreign vessels,
our freight payments on imports rise
only moderately. This is partly because a large proportion of the tonnage
is already under foreign flag, partly
because of lower rates, and in part
because our imports consist to a greater
extent of commodities with lower transport costs than our exports. In addition, port expenditures abroad are
generally less expensive than in the
United States, so that a relatively
smaller part of the gain in freight revenue, when all trade is carried in U.S.
vessels, is offset by a rise in expenditures in foreign ports.
In citing these cases, of course,
many other considerations not directly
related to the balance of payments
are excluded and even for the balance
of payments accounts there would be
major indirect effects. The latter
would include changes in the cost of
delivering U.S. exports that would
affect our competitive position, and
offsets to our expenditures that result
when foreign recipients of dollars spend
them in the United States.
Freight receipts and payments
In 1962 earnings from all kinds of
freight on U.S. exports amounted to
$701 million, while freight payments to
foreign transportation concerns for imports into the U.S. amounted to $877
million. Table 1 presents credits and
debits resulting from freight movements as well as other major components of the transportation account.
August I'MS
SURVEY OF CURRENT BUSINESS
Ocean freight is by far the most
important item in freight receipts and
payments and constitutes 84 percent
of total freight receipts and almost 34
percent of all earnings of the transportation account in 1962. It is an
mportant item also because of its
large changes, which depend on such
variables as changes in the tonnage
and commodity composition of international trade, the degree of participation of U.S. vessels in world transportation services, and the level of
freight rates.
Credits on ocean freight transportation result from the transportation of
U.S. exports abroad aboard U.S. vessels
and their carriage of goods between
foreign ports. These earnings declined
during the Korean conflict from a high
of $880 million in 1951 to $471 million
in 1953. In large part this decline was
attributable to the transfer of privately
operated vessels to the Maritime Administration and to the fact that much
of the remaining U.S. privately operated
fleet was engaged in the carriage of
supplies to the United Nations forces in
Korea.
With the end of hostilities in Korea,
ocean freight receipts increased again
gradually and reached a peak in 1957,
when the closing of the Suez Canal, as
well as cyclical peaks both in the U.S.
and in the major industrial countries
abroad, intensified the demand for 1
shipping facilities. In the following
year U.S. ocean freight receipts fell
sharply to $559 million primarily as a
result of a large decrease in freight
rates, which can be attributed to the rise
of vessel-carrying capacity relative to
the total volume of cargos in international trade. In the remaining years
through 1962 these receipts have risen
slowly.
Earnings on ocean freight totaled
$588 million in 1962, little changed from
$585 million in 1961. While the
amount of export tonnage carried by
U.S.-flag vessels declined, earnings per
ton carried increased. The per ton rise
in ocean freight earnings occurred during the third and fourth quarters of
1962, when the shipping industry was
facing threats of a waterfront labor
strike. As a consequence the demand
for shipping to overseas destinations
increased temporality relative to the
currently available space and the shipping concerns tended to accommodate
commodities with higher freight rates.
Ocean freight payments for United
States imports carried by foreign carriers reached a peak in 1960 of $910
million, but declined in 1961 as a result
of a decrease in the quantity of imports,
and in 1962 remained below the 1960
level at $818 million. The reduction
in payments resulted largely from
the decrease in freight rates of bulk
commodities.
Included in total freight credits and
debits are other transactions, such as
Great Lakes shipping, rail traffic and
freight car rental between the United
States and Canada and Mexico arid
pipeline transportation. The net balance of all these transactions has fluctuated over the years between small net
receipts and payments, and amounted
to $24 million of net receipts in 1962.
Port expenditures
Since 1958 the largest source of
dollar receipts in the transportation
account of the balance of payments
has been port expenditures by foreign
sea and air carriers. In 1962 foreignflag vessels spent for these purposes in
the United States an estimated $684
million. Port expenditures in the United States by foreign air carriers for fuel,
Table 2.—U.S. balance of payments on
ocean transportation of commodities for
1962, coin pared with two alternative
extreme assumptions
If all imports
and exports
Aetna 1902 \vcre carried
onU.S.-flauvessels
-
~s.
•Sj
T3
v.
X2
p
Lf all imports
and exports
were carried
on foreis:nflag vessels
*
•r
M
'•9
^
Ocean freight revenue on U.S.
foreign trade
40.r)
S17
Freight revenue
between foreign
countries- _
183
Port expenditures „ _
679
241
10
165
Charter paid
Total
i f-50
1,277 1,224 1, 530
Total net _ . . +54
1+820
o*
1.000
710
700
710
700
1,000
-300
25
loading fees, maintenance, advertising
and salaries amounted to over $190
million for the same year.
Receipts from port expenditures of
foreign ocean carriers rose markedly
from 1952 to 1962. Higher prices for
fuel and other services partly explain
this trend, but of greater importance
is the increased participation of foreign
carriers in the international trade of the
United States. These costs are incurred by foreign vessels in connection
with shipments to and from the United
States and should be compared with
the freight revenue earned by foreign
ships from U.S. exports as well as imports. Because the port expense is by
far the major element of total freight
cost, port expenditure receipts can be
nearly as high as all United States payments to foreign steamship operators
for the transportation of U.S. oceanborne imports.
During the 11 years span from 1952
to 1962 the ratio of earnings from
port expenditures to payments for
ocean freight declined somewhat, but
in the latter year still remained very
high. This decline can be explained
by changes in the commodity composition of imports and exports from
liner to tramp and tanker cargos;
loading and unloading costs of cargo
carried on these vessels are much less
than those of cargo typically carried
on liners.
Disbursements in foreign ports by
United States vessels and by vessels
chartered by American operators for
the transportation of freight between
foreign ports amounted to $241 million
in 1962.
Passenger fare payments rise
Passenger fares are the second most
important item on the payments side
of the transportation account, and
third 011 the credit side. During the
last eleven years passenger fare payments have more than tripled, increasing from $175 million in 1952 to
about $563 million in 1962, while
receipts from the carriage of foreign
residents by U.S. carriers rose by only
27 percent, from $112 million to $142
million. The substantial growth of
passenger fare payments is explained
primarily by the large expansion of
26
international travel of United States
residents.
About $200 million of 1962 passenger
fare payments was earned by foreign
passenger vessels and the remaining
$362 million by foreign air carriers.
On the receipt side, United States
air carriers earned approximately $42
million from the transportation of
passengers between foreign countries
in addition to the $86 million earned
from foreign residents for direct travel
to and from the United States. American passenger vessels received over $14
million from the transportation of
foreign residents to and from the
United States.
Passenger fare payments to foreign
air carriers by U.S. residents exceeded
payments to foreign sea carriers for the
first time in 1959, and have continued
to do so since.
The expansion of international travel
by U.S. residents is not the only factor
affecting the growth of fare payments;
the increased competition of foreign
air carriers is another. Foreign airlines
of other nations are the major competitors in the American market for international air travel. The major part
of the competition comes from the
airlines of other industrialized countries,
but many of the less-developed countries also have international airlines
under their own flags.
A major recent development has been
the rapid growth of air freight. U.S.
air carriers earned $56 million in 1962
against $24 million in 1952 on the transportation of U.S. exports. Air freight
payments to foreign carriers on U.S.
imports amounted to $26 million in 1962
and $8 million in 1952.
Merchandise exports and imports
carried by domestic and foreign air
carriers were valued approximately at
$840 million and $662 million respectively in 1962. Exports moved by air
were about 11 percent of all imports
of manufactured goods. The average
value per ton of exported air freightwas approximately $11,000 as compared
with an estimated $142 per ton value of
ocean-borne exports in 1962. Freight
transported by air received a strong
boost during the strike in the ocean
shipping industry at the end of 1962.
SURVEY OF CURRENT BUSINESS
August
Table 3.—Value and Weight of Ocean-borne U.S. Exports and Imports, by Type of Service
and by U.S. or Foreign Flag Carrier, 1958-1961
[Value in million dollars, tons in million long- tons]
Tramp
Liner
Total
U.S.fiag
j Foreign| flag
Total
U.S.flag
Tanker
Total
Foreignflag
U.S.flag
Foreignflag
Exports
19'U value
Tons _
1960 value
Tons
1959 value
Tons .
1958 value- _
Tons
._
... .
10, 666
31.5
10,564
32.2
x 530
28. 1
8, 734
27. 3
3, 502
8.4
3, 557
2 893
3, 179
8. 5
7, 164
23.1
7 007
23.1
5 637
20. 5
5, 55(5
18.8
2, 115
50.3
1.835
47.9
1 757
45. 1
1.786
53.6
281
3. 1
214
3.3
192
3.0
196
1,834
47.2
1.621
44. 6
1 565
42. 1
1 , 590
50. 4
904
14.0
902
14.8
542
10.2
373
8.3
1 404
48.3
1 618
55. 0
1,794
56. 6
1.487
45.9
1 760
102. 8
1 732
103. 3
1, 745
101.8
1,788
96.4
}2
2.
i!
780
11.9
2.
8
1.3 j
12. 1
455
8.9
1.6
6.7
Imports
1961 ^-ilin 1
Tons _
1960 val'ie
Tons_
1959 value
Tons..
1958 value
Tons
..
_
7 669
17.6
~ 970
18. 6
7, 948
18.9
6, 648
1 6. 2
9 ->43
4.3
%
9 38 >
5.4
2. 472
2. 264
5.6
5 426
14.4
5 588
13.2
5, 476
13. 2
4,384
10.6
1 507
52. 3
60.0
1.908
61.7
1 . 596
51.5
103
4.0
109
5.0
114
5.1
109
5.6
70
3.8 I
1,690
99.0
5.3 i
83
4.0
147 !
6. 2
98.0
1,662
97.8
1.641
90. 2
I
Source: U.S. Department of Commerce. M a r i t i m e Administration.
Operating expenditures of foreign
airlines in the United States—a port
expenditure item—increased from $32
million in 1952 to $190 million in 1962.
The ratio of these receipts to air passenger fare payments fluctuated from
50 to 75 percent during the same period.
Payments for operating expenditures of
American airlines abroad amounted to
about $167 million in 1962, which is an
increase of about 90 percent over 1952.
In contrast to port costs of ocean carriers
the net balance on air port expenditures
is adverse to the United States. The
substantial increase of these receipts
and payments can be attributed to the
large expansion of air travel and air
freight during the past years.
Value of ocean-borne trade
In 1961 ocean-borne exports in terms
of value amounted to $13.7 billion,
which is approximately 65 percent of
all U.S. merchandise exports. The
value of exports in 1961 transported on
liner vessels was $10.7 billion, while
tramp vessels moved over $2 billion
and tankers about $i billion of the U.S.
ocean-borne exports. American-flag
vessels carried somewhat less than 30
percent of the value of ocean-borne
exports.
The value of imports moved by ocean
freighter in 196! amounted to $10.9
billion or about 73 percent of all our
merchandise imports. Liner vessels
carried $7.7 billion while tramps carried
$1.49 billion and tankers $1.76 billion of
the ocean-borne imports. U.S.-flag
merchant vessels carried $2.4 billion of
imports in 1961 or 22 percent of the
total import value; the participation of
U.S.-flag vessels was only 7 percent of
all ocean-borne import tonnage.
A comparison of weight and value
carried by U.S.- and foreign-flag vessels
is given in table 3, showing that the
operations of U.S.-flag vessels are concentrated mainly in the transportation
of high-value cargoes, which usually
have high freight rates. Thus, although U.S.-flag vessels carried only
8.8 percent of the import and export
tonnage transported by ocean vessels,
they earned an estimated 23 percent
of all freight revenue generated }>y the
ocean-borne United States foreign trade.
Volume of ocean-borne trade
The volume carried by ships of all
flags in the ocean-borne foreign trade of
the United States increased from 166
million tons in 1952 to 269 million tons
in 1962. Of this total U.S.-flag vessels
carried 71 million tons in 1952 but only
24 million tons in 1962. Cargoes moving in liner service decreased from onequarter of all tonnage carried in 1952
to one-sixth in 1961. As the demand
for raw materials and petroleum imports rose and the exports of agricultural
aid cargoes expanded, tramp and tanker
services took an ever increasing share
of the volume of foreign trade.
August 11M>8
Export tonnage increased by almost
40 percent, from 72 million tons in. 1952
to 101 million tons in 1962. During
the Korean conflict exports declined in
terms of quantity to 53 million tons in
1953. From 1954 export volume rose
steadily to a record level of 129 million
in 1957. After the Suez incident export tonnage declined in 1958 to 89
million and in 1959 to 83 million, but
rose sharply in 1960 to 95 million and
has continued upward more gradually
since then.
The volume of imports rose more or
less steadily, reaching 170 million tons
in 1962 an increase of 92 percent from
the 89 million in 1952.
Trends in U.S. Shipping
Operations
The participation of U.S.-flag vessels
in the export and import trade of the
United States has declined primarily
in the tramp and tanker sevice. In
1952 out of total oil imports of 45 million
tons, U.S.-flag vessels carried 23 million
or about 50 percent, while in 1961 they
carried about 1% million tons, or 1.4
percent of all U.S. oil imports of 101
million tons.
Although the quantity of exports
and imports carried b}^ tramp vessels
increased, the U.S.-flag participation in
absolute and relative terms declined.
In 1952 out of 61 million tons of tramp
imports and exports, U. S.-flag vessels
carried 16 million but in 1962 carried
only 1% million out of 108 total million
tons of imports and exports.
In 1952 U.S. flag liner vessels transported 45 percent of all liner export
tonnage and about 90 percent of all
liner imports. Since then the participation of the American steamship lines
lias steadily declined until, in 1962, U.S.
liners carried only about 25 percent of
liner-borne exports and imports. U.S.liner participation in the transportation
of exports would have possibly declined even more if it were not for the
support provided to them by the 50-50
provision of Public Law 664.
The world merchant marine fleet
increased from 87 million gross registered tons in 1952 to 132 million in 1962,
an increase of 52 percent for the period.
Moreover, as a result of specialization
and the general streamlining of opera-
SURVEY OF CURRENT BUSINESS
tions as well as of increased speeds, the
increase in the efficiency of the world
fleet is greater than would appear from
the mere increase in its size. During
the same period, however, the privately
owned American fleet (excluding the
Government-owned reserve fleet) remained about 10 million gross tons.
The total active U.S.-flag merchant
fleet has shrunk from about 17 percent of the world's total in 1952 to only
7.6 percent in 1961. The failure of the
U.S. merchant marine to keep up with
the growth of world tonnage is attributed to a large variety of factors,
of which the high cost of operating
American flag vessels is probably the
most important. Because of this last
element some United States shipping
interests prefer to operate sizable portions of their fleet under foreign flags.
A large tonnage has been built in recent
years by U.S. companies and their
subsidiaries and has been placed under
the flags of Panama, Honduras and Liberia. Moreover, sizable tonnage has
also been transferred to foreign subsidiaries of parent U.S. concerns and
has been registered mainly with the
above-mentioned countries in order to
take advantage of the lower operating
costs under foreign flags.
A large part of these U.S.-owned
vessels under foreign flag are opera tingin the foreign trade of the United States.
In 1960 a total of 353 such U.S.owned dry cargo and tanker vessels of
8.3 million dead weight tons were enTable 4.—Ocean Transportation Costs Related to the Value of Ocean-borne Freight,
1953-61
[Millions of dollars]
r.s.
Value of Estimated
ocean total
share of ;
ocean
ocean <
borne
transpor- t r a n s p o r t i
freight
tation cost
cost
Freight
costs as
percent
Of V ill HP
Exports:
1001
1960
1959
1958
1957
1956
1955
1954
1953. ..
13 685
13, 301
10 82(»
10, 893
13 403
11 705
9 759
8, 791
8, H)3
1
1
1
1
2
1
1
656
636
310
459
M(>
901
316
903
851
10, 936
11,429
11. 601
10, 032
9, 459
9, 559
8, (523
7,847
8, 381
1.071
1, 157
1,170
1, 079
1,108
1.000
862
771
787
I
12 1
12.3
!
i
!
!
!
:
13.4
16 0
16 1
13 5
10. 3
10. 5
280
':
247
358
336
391
403
382
402
364
!
!
|
]
1
!
j
9. 8
10.1
10.0
10 8
11.7
10. 5
10.0
9.8
9.4
428
358
429
639
536
417
313
341
!
19 1
Imports:
1961... .
I960
1959
1958
1957-.
1956___
1955
1954
1953.
27
gaged in the U.S. foreign trade. These
vessels carried 63.7 million tons of
imports and exports7 which is about
23 percent of all U.S. foreign trade
cargos. In fact, over 39 percent of all
oil imports and 26 percent of all dry
cargo imports were carried by vessels
listed under U.S. effective control.
Recently a substantial portion of the
U.S.-owned foreign flag vessels has been
built abroad in countries which in the
last years have added to their dollar
and gold holdings. The construction
of these vessels abroad increased U.S.
private capital exports, or required the
use of funds which otherwise might
have been returned to the United
States. Some part of the freight receipts earned by these foreign flag vessels under U.S. effective control is
used to repay loans and interest in the
United States.
Cost of shipping related to trade
Overseas transportation costs of U.S.
ocean-borne exports in 1961 were on
the average about 12 percent of the
export value. Total freight paid to
ocean carriers on exports was estimated
at $1,656 million, of which American
operators received $425 million while
the remaining $1,231 million was paid
to foreign-flag vessels. Ocean transport cost on exports increased from
around 10 percent of the value of
exports in 1952 to a peak of about 16
percent in 1957, then declined gradually
to its present level.
On U.S. imports average transport
cost was estimated to be about 10
percent of the value of ocean-borne
imports at dockside in foreign ports in
1961. Payments for transportation on
U.S. imports were estimated to be about
$1,102 million of which U.S.-flag ships
received $311 million while the remaining $791 million went to foreign
ocean carriers. Average freigl.it cost on
U.S. imports fluctuated rather narrowly
between 9 and 10 percent from 1952
to 1961.
The existence of transport costs
means, of course, that our products are
more expensive abroad than in the home
market and that imported goods are
more costly here than abroad. High
transport cost is a deterrent to trade,
both regional and international. A
review of existing data suggest that
28
ocean freight rates on cargos outbound
from the United States are generally
higher than inbound rates for the same
commodity and the same trade route.
Freight rates on cargo liner service
operating on major freight routes are
established by conference agreements.
The steamship conference, by setting
freight rates on a particular trade route,
acts as a price leader; other liner companies that are not parties to the conference agreement offer similar services
at rates about 10 to 15 percent less than
the established conference rates.
The underlying concept in the organization of a steamship conference has
been the desire to regulate competition
between the regular lines of different
nations by establishing uniform freight
rates for each commodity and uniform
trade practices. Most major U.S. international freight routes are dominated
by liner conferences in which American
steamship companies are participating
with companies of other nations. It
seems that the practice of conferences
has been to consider inbound freight
into the United States as "back-haul"
cargo, thus setting cheaper rates for
commodities on United States bound
ships that would otherwise be returning
in ballast to pick up new cargo. The
entire charge for overhead costs is
assigned to the outbound journey for
the United States; therefore, the "backhaul" rate can be kept lower because
only direct cost must be met and any
returns in excess of these is considered
profit. This being the case, many commodities on several routes have higher
rates outbound than the same goods
inbound for U.S. ports.
Freight rates on U.S. exports tend to
be greater than inbound rates on U.S.
imports for the same commodities in
our foreign trade with industrial countries. In addition, some rates from the
United States to less industrialized
areas are higher than freight rates from
Western Europe and Japan for the
same commodities over comparable
freight routes. Provided that the composition of trade and the participation
of U.S. flag are not affected, higher
freight rates on U.S. exports increase
our foreign exchange earnings in the
transportation account, but would affect
adversely our merchandise exports, the
largest receipt item in the balance of
payments.
GNP— (Cont.from p. 5)
Because the gains in durable goods
output have been relatively greater than
those in other areas of the economy,
durable goods have accounted for 45
percent of the rise in GNP in the
current expansion. (See text table.)
SURVEY OF CURRENT BUSINESS
This ratio compares with percentages
of less than 30 percent in the previous
two recoveries, and reflects a resurgence in the share of hard goods
output in total GNP.
Distribution of Increase in Heal GNP by
Major Type
II 1954- i I 1958- | I 1961III 1956 I II 19BO | II 19H3
As a percent of total rise in
real ( i N P , from trough to
n i n e quarters after
100. 0
44.4
30.6
8. 1
31.4
27.3
8. 4
35.4
It). 8
6.3
32.5
August
housing structures, has typically shown
a somewhat erratic cyclical behavior.
In the recent expansion, there has been
an especially strong and long lasting
gain in residential building which has
carried total construction higher in
most quarters. A small decline in State
and local government construction outlays—which make up one-tenth of the
total—has held back the overall gain.
As the chart shows, during the 195860 upswing in business activity, construction reached a peak early arid fell
irregularly for a year by this stage of the
cycle; this reflected mainly developments in the housing market. Nonetheless, in all three recoveries, total
construction expenditures were roughly
7 percent higher in the ninth quarter of
advance than at the cyclical low.
At the bottom of the 1960-61 re- U.S. Investments—(Cont.from p. 22)
cession, durables o u t p u t made up less
Though the net increase in U.S.
than 17 percent of the total—the
smallest share of the entire postwar private investments is of the same
period. By the second quarter of order of magnitude as the reduction
this year, the ratio was back up to in net liquid assets this does not, of
20 percent. While this share com- course, imply a direct link. Many
pares favorably with the peak quarterly items or combinations of items in the
rate reached in the economic advance balance of payments accounts would
of 1959-60, the relative share of dur- add up to similar or larger amounts
ables production in total output is over the years. As the U.S. debtorstill below the 22-percent level that creditor position has evolved, however,
was common in prosperous quarters a few major relationships should be
noted.
in the early and mid-1950's.
Certainly no country has had priAs the table and chart indicate, the
rise in total production has been held vate foreign investments as large
down by a slower than average advance as those now held by U.S. nationin the demand for nondurable goods. als in other countries, or returning
Relative to total consumer income as much income ($3.9 billion in 1962
and buying, purchases of nondurables not including $1.2 billion of reinvested
have been declining very slowly during earnings). In this sense these investmost of the postwar period.
ments are an element of considerable
Nine quarters after the trough, the strength in the United States intercyclical expansion in output of both national position. On the other hand
services and construction has been the fact that these foreign investments,
about the same as in the two previous especially direct and other investments
expansions. While the growth in serv- going to industrialized countries, have
ices of all types has continued about grown so fast suggests that investin line with the postwar uptrend, ment opportunities in the United States
there have been divergent tendencies relative to those in comparable areas
exhibited by two of the major com- have not been attractive enough to
ponents of service expenditures. The absorb the funds available for investrate of gain in personal buying of ment.
services has slowed somewhat in the
The United States has maintained
last few years. On the other hand, a steady arid rising flow of capital to
Federal compensation of employees— other countries over a long period
by far the largest item of Government during which its reserve position has
purchases of services—has risen by been under pressure. A considerable
one-eighth since the most recent cyclical volume of these outflows is to be
low, or much more than the last two expected, given the relatively abundant
times. State and local government supply of capital here compared to
payrolls—the third major component domestic demand and the great variety
of service outlays in the National
Accounts—have continued to expand of capital needs throughout the world.
on their postwar growth trend during Nevertheless- such flows are one of the
factors which at least in the short run
recent years.
Total construction mainly tracing must be reckoned with as contributing
changes in spending for business and to the balance of payments deficits.
BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1961 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the July 1961 issue. Except as otherwise stated, the terms "unadjusted' 7 and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1960
1961 | 1962
Annual total
1961
I960
II
III
I
IV
II
1962
| III
IV
i | n
1963
III
IV
I
II
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT!
National income, totalf
Compensation of employees, total
bil. $__
414.5
426.1
453.7
416.6
415.4
412.8
411.1
423 2
429. 0
441.0
444.7
452 4
455 5
462.2
466 7
do
293. 6
302.1
322.9
294. 6
295.8
293. 9
294.0
300. 1
304 4
309 9
316 0
322 5
325 3
327 7
332 0
338 7
271.3
222.9
9.9
38.5
22 3
46.2
34 9
12 0
12.1
278.8
227. 0
10.2
41.6
23.3
48.1
35.3
12.8
12.1
297. 1
241.6
10.8
44.7
25.7
49.8
36. 5
13.3
12.0
272 2
224. 4
9.8
38.0
22.3
47.0
34.6
12.4
12.1
273.3
224. 2
9.9
39.1
22 5
46.1
33.8
12.2
12.1
271.3
221. 6
10.0
39.7
22.5
46. 6
33.8
12.7
12.1
271.2
220.8
10.0
40.4
22.8
47.0
34 2
12.8
12.1
276. 9
225. 8
10.0
41.2
23. 1
47.6
35.0
12.6
12.1
281 0
228. 8
10 0
42.2
23 4
48 3
35 7
12.6
12.1
286 1
232. 5
10 8
42.8
23 8
49 5
36 3
13.2
12.0
290 7
236. 1
11 1
43.6
?o 2
49 5
36 0
13 5
12.0
296 8
241.7
11 0
44.1
25 7
49 6
36 5
13 1
12.0
299 4
243 7
10 7
45 0
25 9
49 8
36 6
13 2
12.0
301 5
244 7
10 5
46.3
26 2
50 3
36 9
13 4
12.0
304 5
246 7
10 7
47 1
27 5
50 7
37 2
13 5
12.0
310 8
9 52 2
10 8
47.8
27 9
50.0
37 4
12.6
12.0
44.5
43. 8
47.0
45.2
43.2
41.5
38.8
43.6
44 0
48 6
46 1
46 5
46 1
49 3
48 8
44.3
22.3
22.0
14.5
7.5
.2
43.8
22.0
21.8
15.3
6.5
.0
46.8
22.2
24.6
16.6
8.1
.2
45.4
22.8
22 6
14.4
8.2
2
42.1
21.2
20.9
14.6
6.4
1.2
41.1
20.6
20.4
14.8
5.6
.5
38.5
19.4
19.2
15.0
4.2
.3
43.4
21.8
21.6
15.1
6.5
2
44 3
22.3
22.0
15.2
6.8
— 3
48 9
24.6
24.3
15.8
8.5
— 3
45 9
21.7
24 2
16.2
80
1
46 7
22 1
24 6
16.4
8 2
_ 2
46 2
21 9
24 3
16.5
7 8
— 1
48 4
22.9
25 5
17.1
84
9
48
22
25
17
8
Wages and salaries, total
do
Private
do_ __
"Military
do
Government civilian
_
_ do
Supplements to wages and salaries
do
Proprietors' income, totalcf -_do__ _
Business and professionalo"
do
Farm
do__ Rental income of persons
do
Corporate profits and inventory valuation adjustment total
bil $
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
3
9
4
1
3
4
17.6
do
18.0
20.0
22.0
17.7
18.2
18.8
19.1
19.8
20.3
21.0
21 2
21 7
22 3
23 0
23 3
23.7
do
502 6
518.2
554.9
504.1
503. 5
502. 1
500 4
512 5
521 9
537 8
544 5
552 4
556 8
565 2
571 8
579 6
Personal consumption expenditures, total. .do
328.2
336.8
355. 4
329.7
328. 7
330. 3
330.7
334. 9
337.9
343.8
348. 8
352.9
356.7
362.9
367.4
370.4
44.9
18 8
19.1
151 8
28 1
79 5
11.7
131 5
19 5
41.9
10.7
43.6
17.1
19.2
155.1
28 6
81.1
11.9
138.0
20 4
44.1
10.7
48.2
20.4
20.2
161. 4
29.8
84.2
12.3
145.7
21.5
46.6
11.3
45.7
19.2
19.3
153.0
28 5
80.2
11.6
131. 0
19 5
41.5
10.7
44.6
18.3
19.1
152. 0
28 3
79.4
11.8
132.2
19 6
42.1
10.7
43.9
17.9
18.8
152 3
27 7
79.9
11.9
134.2
19 9
42.8
10.8
41.2
15 7
18.3
153 9
28 2
80 6
11.9
135 6
20 0
43 3
10.7
43.1
16 7
19.1
154 5
28 2
81 0
11.7
137 3
20 4
43 8
10.6
43 9
17 0
19.6
155 3
28 6
81 2
11.9
138 8
20 6
44 4
10.7
46 4
18 9
20.0
156 9
29 3
81 6
11.9
140 5
90 8
45 0
10.8
47 3
19 7
20.0
158 9
29 7
82 7
12 1
142 6
21 3
45 6
11.1
47 5
20 1
19.8
160 6
29 5
83 9
12 2
144 8
21 5
46 3
11 3
47 7
19 8
20.3
162 5
29 9
85 0
12 3
146 6
21 5
46 9
11 4
50 5
92 2
20.6
163 6
29 9
85 2
12 6
148 9
21 8
47 6
11 6
50 6
22 0
20.9
165 3
30 2
85 8
12 8
151 4
22 2
48* 2
11 8
51 0
22 3
20.7
165 9
29 7
86 3
13 0
153
5
29 4
48 8
12 1
do
71.8
69.0
78.8
73.3
70.9
65.3
59.6
66.6
72.0
77.6
77.3
79.6
78.9
78.8
77.8
80.7
do
do ~~
do
do
do --
40.7
21.1
27 6
3.5
3.2
41.6
21.0
25 5
1.9
1.5
44.4
23.2
28.8
5.5
4.9
40.7
21.2
28 4
4.2
3.9
40.5
21.0
27 7
2.7
2.3
40.7
20 5
26 8
2 3
—2.7
39.3
19 0
24 6
-4.3
—4 6
41.0
20 1
24 5
1.1
8
42.6
21 9
25 8
3.5
3 2
43.2
22 8
27 1
7.2
6 9
41.7
21 2
27 4
8.1
7 6
44.5
23 3
98 7
6.5
58
46.0
24 2
29 3
3.6
28
45.0
23 7
29 9
4.0
3 2
43.7
29 7
29 o
5.1
43
45.8
24 8
30 7
4.3
36
do _
do
do
30
26 3
23 3
4.4
27 5
23 1
3.8
28 9
25 1
2 3
26 3
24 0
33
26 7
23 4
4 9
27 0
22 1
5 4
27 5
22 1
4 3
26 5
22 2
4 1
27 8
23 7
4 0
98 3
°4 2
33
27 9
94 g
4 4
29 5
25 0
4 1
29 4
25 3
33
28 8
25 5
36
28 6
24 9
4 8
30 7
25 9
99.6
53 1
45 7
46 5
107. 9
57.4
49 0
50 6
117.0
62.4
53 3
54.6
98.9
52 9
45 6
46 0
499 1
253 7
94.2
159 5
188 8
56 7
516 3
257.3
93.8
163.5
200 4
58.6
549 3
272.8
101.5
171.3
214 5
62.1
499 9
254 8
94.4
160.4
188 8
56 3
Net interest
.
Gross national product totalf
Durable goods, total©
do
Automobiles and parts
do
Furniture and household equipment. .-do
Nondurable goods, total 0
__
_do
Clothing and shoes
do
Food and alcoholic beverages
do
Gasoline and oil
do_
Services, total 0 _
__do
Household operation
do
Housing
do
Transportation
do.
Gross private domestic investment, total
New construction
Residential nonfarm. _ _ .
Producers' durable equipment
Change in business inventories
Nonfarm _
_Net exports of goods and services
Exports
Imports
_
__
__
__
__
Govt. purchases of goods and services, total., do
Federal (less Government sales)
do
National defense 9
do
State and local
_ _ _
do
100.
53
45
47
5
5
9
0
6
7
9
0
104.7
55 4
47 5
49 3
106.
57
49
49
8
1
0
7
107.9
57 1
48 6
50 8
112.3
59 8
50 9
52 5
115. 1
61 8
52 5
53 3
115.5
61 9
52 9
53 6
117.0
62 4
53 5
54 6
120.2
63 6
54 3
56 6
123.0
65 5
56 4
57 5
123.8
66 5
56 7
57 3
500 7
254 1
93.8
160 3
189 9
56 8
504 4
254 3
93.2
161 1
1Q2 8
57 3
504 7
?52 8
90.6
162 2
195 3
56 7
511 4
254 6
92.1
162 5
199 1
57 7
518 3
257 6
94.3
163 3
9()i 5
59 °
530 5
264 0
98.2
165 8
205 7
60 9
536 3
268 1
99.9
168 2
209 0
59 2
546 0
270 7
99.9
170 8
213 5
61 8
553 1
274 8
102.6
172 1
215 2
63 1
561 2
277 4
103.5
174 0
290 2
63 6
566 6
281 7
106.3
175 3
222 5
62 5
575 4
285 6
109.6
176 0
226 5
63 3
Inventory change, total
do
4.2
5.5
3.5
2.7
1.9
— 4
2 9
Durable goods
do
2 3
2 5
14
2.2
Nondurable goods
.
do
1.1
2.6
1.7
1.3
r
Revised. fRevised series. Estimates of national income and product and personal
income have been revised back to 1959 (see p. 12 rT. of the July 1963 SURVEY); revisions prior
to May 1962 for personal income appear on p. 19 of the July 1963 SURVEY, cfIncludes
-2.3
—2 7
.4
• ^
By major type of product:*!
Final sales, total
-- Goods, total
Durable goods
Nondurable goods__
Services
Construction
do
_ do _
do
_ do
do
do .
101.
53
45
48
7.2
4.0
8.1
— 4. 3
3.6
6.5
1.1
3.5
5.1
4.3
2 5
—6 6
4 8
2 0
4 7
—1 5
13
31
11
30
3.3
2.5
2.3
2.6
11. 3O
4.0
2.6
3.4
1.5
.6,0
Li. U
i. O
4. O
O. O
O. t
i. &
&.\)
t.\J
1.2
inventory valuation adjustment. ©Includes data not shown separately. 9 Government
sales are not deducted. *For quarterly data back to 1947, see p. 35 of the July 1962 SURVEY.
s-1
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1960
1961 | 1962
Annual total
1961
1960
III
August 1003
IV
I
1962
III
II
IV
I
II
1963
III
IV
I
II
III
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.f
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product total t
____bil. $__
439.9
447.7
474.8
440.2
437. 1
434. 0
443.4
450. 4
463. 1
467.8
474.0
475.6
481.4
485 3
489 4
Personal consumption expenditures, total.. do
298.1
303.6
317.6
298. 6
298. 6
298.5
302.2
304. 5
309. 2
313. 0
315. 9
318.6
322.9
325.5
327.0
42.2
141.4
114. 5
41.5
143.3
118.9
45.6
147.8
124.3
42.1
141. 5
115.0
41.6
140. 7
116.4
39.3
141.9
117.3
40.9
142.9
118.4
41.6
143.5
119.4
44.1
144.7
120.4
44.7
146. 0
122. 3
44.7
147.4
123 8
45.0
148.8
124.8
47.8
148.9
126. 2
48.1
150. 1
127.3
48 0
150.5
128 5
Durable ?oods
Nondurable goods
Services
-
do
do
do
Gross private domestic investment, total. ..do
New Construction
Producers' durable equipment
Change in business inventories
Net exports of sroods and services
do
do __
do
do
Government purchases of goods and services, total
bil. $..
Federal
do
State and local
.
do
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income total
bil. $
Less: Personal tax and nontax payments
do
Foii'ils* TMsposable personal income
do
Personal savin <* §
_
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals or averages:
Ml industries
bil. $ .
Manufacturing
Durable goods industries
Nondurable floods industries
Mining
"Railroads
Transportation, other than rail
Public utilities
Commercial and other
do__
do
do _
-do
do
do
-do
do
60.2
57.5
65. 2
59.4
54.5
49.7
55. 6
59.9
64.7
64.4
66.0
64.8
65.2
64.6
66. 4
34.4
22.7
3.1
34.7
21.0
1.7
36.7
23.8
4.8
34.1
22.8
2.6
34.3
22.1
-1.9
33.1
20.2
-3.6
34.2
20 2
1.2
35.5
21.3
3.1
36.0
22.4
6.3
34.7
22.7
7.0
36.8
23.6
5.7
37.8
24.2
2.9
36.9
24.8
3.4
35.7
24.0
4.9
37.3
25 3
3.8
1.7
2.3
1.8
2.0
3.4
3.6
1.9
1.9
1.7
.9
2.6
2.3
1.4
1.8
2 8
79.9
42.3
37.6
84.3
44.8
39.5
90.2
49.0
41.2
80.2
42.4
37.8
80.6
42. 2
38.4
82.3
43.1
39.1
83.7
44.6
39.1
84.2
44.6
39.5
87.4
47.0
40.4
89.4
48.7
40.7
89.5
48.8
40.7
89.9
48.8
41.1
91.9
49.6
42.3
93.4
50.6
42.9
93.2
51.0
42.1
401.3
51.4
349.9
417.4
52.9
364. 4
442. 1
57.7
384.4
403. 5
51.3
352.2
404.3
50.9
353.4
406. 6
51.3
355. 3
414.5
52.5
362.0
420.2
53.0
367. 2
428.0
54. 9
373.1
433. 5
56. 2
377.3
440.7
57.9
382. 7
444. 5
58. 1
386. 5
449.9
58.5
391.4
453. 9
59.4
394.5
459 9
59.9
400 0
21.7
27.6
29.1
23.4
23.0
24. 5
27. 1
29.2
29.3
28. 5
29.8
29.7
28. 5
27.1
29. 6
8.92
8.59
2 9. 33
8. 98
9.53
7.57
8.61
8. 65
9.64
8. 02
9. 50
9.62
10.18
8 9"»
1 q ^4
- 10 OQ
3.C2
1.80
1.82
'3.42
} 57
1.85
3. 67
1.76
1.91
3. 02
1.80
1.81.
4.01
1.95
2. 06
3. 00
1.4!
1.59
3.46
1.58
1.88
3. 3 1
1.50
1.84
3.88
1.79
2. 09
3.34
1.44
1.69
H. 69
1. 77
1.92
3.72
1.79
1.93
4.13
2. 03
2.10
3. 27
3 ()3
] qf;
1 °7
3 91
,25
.26
.48
1.42
2.89
.24
. 17
.46
1.38
2.92
.27
.21
.52
1.37
3. 29
.25
.24
.47
1.50
2. 90
.24
.25
.46
1 . 58
2.99
.21
.17
.41
1.09
2. 69
.26
.18
.48
1.39
2.85
. 25
.16
. 47
1 . 50
2. 94
. 26
. 16
. 50
1. 54
3. 20
.26
. 16
. 47
1 . 06
2. 94
^26
.60
1.37
3. 30
.28
.24
.50
1.54
3. 35
97
^20
.50
1.52
3.55
. 24
.21
.39
). 04
3. 1 1
!30
L43
3. 40
. 26
.49
1 . 55
3. 62
36 95
38 35
37 95
36 95
i '^ 40
! 30 CF)
15.35
7. f.n
7. 70
1 5. 80
7. 95
7.85
1.00
1 . 05
1. 10
2. 00
',. 80
14.25
Seas. adj. qtrly. totals at annual rates:
1. fio
35. 50
33. 85
33. 50
31.70
35. 40
35. 70
14.40
6.85
7.55
13.75
6. 50
7.25
13. 50
6.20
7.30
13.65
6. 10
14.00
6.40
7.60
14.20
6. 55
7. 60
! 4. 45 15. 05
6. 95
7 25
7.50
7.80
15. 00
7. 30
7.70
14. 85
7. 3."
7. c()
1. 15
. 70
2. 05
5. 1 5
12. 45
1.05
. 95
2. 25
5. 40
12.85
1. 10
1.00
2 00
5. 75
13 40
1.00
.80
1 90
5. 45
13.80
1.05
90
1.70
5. 20
13. 20
13 45
4. SH5
M m uf a ctu i n g
Durable goods Industries
Nondurabl e good s in d ustrtes.
do
do_. _
do
Mining
Railroads
do
do
Public utilities
do
1.00
1.00
1.90
5. 60
11.75
.90
1.00
1.80
5.70
11.65
.95
.70
1.75
5.35
11.30
1.00
. 70
1. 80
5. 50
11. 05
1. 00
. 65
1. 90
5. 65
11.85
1.
.
1.
5.
12
4,755
4,720
4, 730
4,740
4, 750
4, 760
4, 770
4, 780
4, 790
4,800
4,815
4, 825
r
00
60
95
55
35
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thous
'* 4, 658
s 4, 713
U.S. BALANCE OF INTERNATIONAL
PAYMENTS*
Quarterly Data are Seasonally Adjusted
U.S. payments, recorded
mil. $
31. 174
31.778
33. 254
7.937
7,993
7, 673
7,535
7,917
8,653
8, 246
8, 316
8,214
8,478
8. 430
14, 723
do
3. 048
do
do ___ 5, 434
14. 497
2, 934
5, 436
16, 145
3, 028
5. 791
3, 664
789
1,364
3, 422
725
1, 335
3. 386
773
1,318
3, 404
764
1,338
3. 826
680
1,3(55
3,881
717
1,415
3. 942
754
1, 423
4. 030
748
1.444
4 127
732
1.423
4, 046
794
1,501
3, 985
741
1,447
do
-do
672
3, 405
705
4, 056
736
4, 281
169
826
177
957
187
985
171
856
173
1, 029
174
1, 186
191
1, 075
182
1.078
176
1 . 045
187
1,083
217
1,082
do
___do
do
do
3, 892
1.694
850
1,348
4, 150
1. 598
1,011
1,541
3, 273
1,557
1.209
507
1,125
362
221
542
1, 377
088
215
474
1,024
458
94
472
1,002
344
219
439
844
399
234
211
1,280
397
464
419
861
199
357
305
834
506
329
-1
711
359
188
164
867
493
335
39
958
556
457
Imports:
Merchandise
Military expenditures
Other services,.
Remittances and pensions
Govt. grants and capital outflows
U.S. private capital.-Direct investments
Long-term portfolio
Short-term
r3
__do
27, 976
30,313
32. 093
7. 112
1, 001
7, 428
7, 956
7,247
7.682
7, 688
7 901
8 327
8 177
7 668
Exports:
Merchandise
Services and military sales
do
do
19, 459
7,515
19, 913
8, 398
20, 479
9,311
4, 940
1, 905
4, 986
1, 942
5 050
2, 038
4 755
2. 088
4 987
2,120
5 121
2,152
5 022
2, 134
5 262
2. 348
5 270
2,280
4 925
2, 499
4 998
2, 368
Repayments on U.S. Govt. loans
Foreign capital other than liquid funds
do
do
636
366
I 274
728
1. 283
1.020
196
71
133
— 60
128
212
851
262
99
41
196
213
155
327
237
54
601
176
290
403
168
134
U.S. receipts, recorded.
Excess of recorded receipts or payments (—)._. do
Unrecorded transactions
do
Total, net receipts (-{-) or payments (— )
do
Excl. transactions in nonmarketable, mediumterm convertible Government securities mil.$
r
1
-3,198 -1,465 -1,161
-683
-1,025
-825
-992
— 245
-193
-265
-227
-3.881 -2,370 -2. 186 -1,018 -1.257
Revised.
*> Preliminary.
V l m i ^ s f o i A p r - T u n l () f 3 ba c d on m t j d p i < < d capit
i M i n u l o f o T J u h S i p ' . I'.M bised < n m t i c n < J e1 d c >p
V i h ipired expenditjr « f c r mo v ar 1° -> cue a-> folio \ ^ (\\
pianu u t ' i r i i " , total, !"> o«> 'Uitccbl* 1 GOOI'^ i ' i d i A n i < s 7 7 2 ,
7 SI M i n i m s 102 mlu id N 1 OS, tr Ji^K.rf . n - m , l % P"1*1"
01' i i . l < 07
f i aunisted. D<~>la u t i n v m firms m oj triiion a-> of T
-905
!
35. 90
14.65
7. 35
7.30
r
!
— 472
421
-390
31
-670
15
-655
-971
-558
-303
-27
-1.274
— 585
-415
— 37
-452
113
-301
1 . ().->
1 95
1 Q4
1 %
_-f'9
-469
-492
—14
— 356
-793
-806
-456
(based on incomplete data) is 4,797.000.
t See corresponding note on p. S-l (revisions prior to 3d qtr. 1900 appear on p. 12 if. of
the July 1963 S U R V E Y ) .
§ Personal saving is excess of disposable income over persona) consumption expc-nolituivs
shewn as a component of gross national product on p. S-l.
+ More complete details are given m the quarterly reviews in the .Mar.. June, Sept.,
and Dec. issues of the SURVEY. Revisions prior to 3d'qtr. 1960 will be shov/ti later!
SURVEY OF CURRENT BUSINESS
August 10(53
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-3
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
!
Fob.
Apr.
Mar.
May
!
June
July p
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
2
Seasonally adjusted, at annual rates:t
Total personal income
- - -.Ml. $__ 1417.4
1 442. 1
441.7
443.5
444.6
445. 5
447. 7
449. 9
452. 1
450. 4
454. 0
452. 9
454.8
457 .4
460.1
' 462. 6
464.3
do
278. 8
297. 1
297. 6
299. 0
299.4
299.8
300. 1
301. 5
302.9
302.8
304.7
306. 1
308.7
311.2
'3)2.9
314.1
Commodity-producing industries, total-do
Manufacturing onlv
.do
Distributive industries
_.
do
110.8
87.5
72.9
118.5
94.2
76. 6
119.0
95.0
76. 6
119. 5
95. 0
77.0
119.6
95.1
77. 1
119.5
95. 0
77.6
119.4
94. 0
77.4
119.9
95.0
77.5
119. 6
94.9
78.4
119. 5
94.7
77.9
120.1
95.5
78.6
120. 9
96.3
122.5
97.2
79.2
123.8
98.4
79.7
' 124. 7
'99.0
79.8
125. 0
99.1
80.0
do
do
do
43.4
51.8
11.4
46.4
55. 6
12.1
46.7
55.3
12.0
47.1
55. 4
12.1
47.1
55. 6
12.2
46.8
55.9
12.2
47.1
56.3
12.3
47.3
56. 9
12.3
47.7
57. 3
12.4
47.8
57.6
12.3
48.3
57.8
12.5
48.5
58. C
12.5
48.7
58.3
12.5
49.1
58 .0
12.6
49.4
58.9
12.6
49.8
59.2
12.7
do
do
35. 3
12.8
36. 5
13.3
36. 5
13.1
36.6
13.2
36.6
13.2
36.6
13.3
36.8
13.3
37.0
13.4
37 0
13. 5
37.1
13.6
37.2
13.5
37.2
13.3
37.3
12.8
37.4
12.6
'37.6
12.4
37.7
12.0
12 1
15.3
27.7
33.6
12. 0
16.6
30.0
34.8
12. 0
16.4
29.9
34.2
12.0
16.4
30.1
34.4
12. 0
16.4
30.3
34.8
12.0
16. 6
30.6
34.7
12.0
16.8
30.9
35. 8
12.0
16.9
31.1
36.0
12.0
17.7
31.3
35.7
12.0
17.0
31.5
239.1
12.0
17.2
31.7
35.7
12.0
17.2
31.8
36.2
12.0
17.3
31.9
36.4
12.0
17.3
32.1
36.6
12.0
'18.2
32.3
' 36. 4
12.1
17.8
32.6
36. 5
10.3
Wage and salary disbursements, total
Service industries
Government
Other labor income
..
Proprietors' income:
Business and professional
Farm
-. .-
TJental income of persons
- do
Dividends
^o
Personal interest income
-- do _ _
Transfer payments
^o
Less personal contributions for social insurance
Total nonagricultural income
9.5
10.2
10.2
10.3
10.3
10.2
10.4
10.3
11.4
11.5
11.5
11.6
11.7
11.8
11.8
400.3
424. 5
424.2
426. 0
427.2
428.1
430.1
432.0
434. 1 2 435. 9
434.9
437. 0
440 .0
443.1
' 445. 8
447.1
3, 031
3,138
2, 347
2,764
3.110
3,723
4, 994
4. 063
3,691
3, 508
2. 489
2,440
2. 316
2.373
2,307
2, 907
1,291
1, 616
409
916
265
2, 993
1, 328
1, 665
404
968
269
2. 326
850
1 , 476
417
798
237
2, 689
1,174
1,515
397
860
244
3, 019
1. 329
1,690
386
1,012
276
3, 439
1,711
i . 728
378
1 , 042
292
4. 496
2, 375
2,121
402
1.374
333
3.882
2, 086
1, 796
386
3.085
315
3.614
2, 006
1 , 608
404
900
284
3.425
1, 709
1,716
402
1.022
261
2, 398
959
1.439
372
794
240
2. 333
754
1.579
416
845
274
2, 257
670
1,587
406
886
258
2,342
691
1.651
438
914
261
2, 291
815 - _ 1.476
417
788
248
119
120
119
123
124
122
96
79
108
110
109
111
124
124
124
141
100
127
185
221
156
159
194
132
148
187
118
141
159
126
98
89
106
96
70
116
93
62
116
96
64
121
103 - - 87
116
135
128
140
136
130
142
110
78
135
126
116
133
138
130
144
150
162
141
204
242
175
176
209
152
162
197
13G
162
186
143
109
90
123
108
65
140
104
53
142
112
59
1 52
136
109. 8
118.3
119.9
114.0
117. S
122. 5
120. 0
117.2
117.9
120. 5
122.5
123.1
125.0
' 127.6
120.9
109.7
107.
i> 0
114. 1
113.5
114.9
100. 9
117.7
112.7
123. 9
106. 5
121.4
121.0
121.9
10G. 3
117.5
119.4
115.1
103. 3
117.8
1 18. 3
117 2
102.6
120. 7
120. 7
120. 6
104. 9
123.3
123. 2
123.4
104.5
' 124.4
123.7
106.9
26. 7
•• 125. 1
• 108.9
' 128. 0
106 6
123.5
121.8
125.8
106. 9
r 126.0
102 6
122 8
120.5
119.2
122. 3
107. 6
r 124.0
n 9
118.7
117.9
119.8
105. 0
131.3
121. 1
121.7
120. 3
105. 5
do
do
do
do
do
111.3
112.7
112. 0
112.9
108. 3
119. 7
119.7
325.9
117.7
119. 6
121.1
121.3
128.6
118.9
120.8
117.5
116. 7
118.6
116.2
119.2
119. 5
119.2
102.0
124.6
120.2
125. 0
to 5 4
128.2
125.9
122. 0
125. 4
126. 7
138.1
123.1
122. 5
122. 1
122. 1
135.2
117.9
122. 0
119. 5
117. 7
131.7
113.2
123.3
120. 0
119.0
128. 0
116. 1
122.1
122. 4
122. 4
133.8
118.7
122. 6
123. 7
123.9
135 .2
120.3
123.1
122.1
122.1
135.1
118 .0
122.1
do
do
do --
108.4
104.8
112. 1
117.0
114.1
120. 0
118.9
116.1
121.7
110.9
108. 7
113.1
116.2
111.4
121.3
119.8
116.8
122. 9
120. 0
116.6
123.4
119.2
115.5
123. 0
115.2
112.3
118.3
115.9
112.3
119.7
118.7
114.6
122.9
121 .5
118.5
124.5
124.0
122.0
'• 126.0
do
FARM INCOME AND MARKETINGS^
Cash receipts from farming, including Government
payments, totalcf
mil. $..
Farm marketings and CCC loans, total
do
Crops
_ --- --do
Livestock and products, total 9
do
Dairy products
do
Meat animals
-_ do
Poultry and eesrs
do __
Indexes of cash receipts from marketings and CCC
loans, unadjusted:^
Ml commodities
1947-49= 100__
Crops
- do
Livestock and products. _
- . _ _ _ . _ -.do ._.
Indexes of volume of farm marketings, unadjusted :cT
All commodities
1947-49= 100..
Crops
.do
Livestock and products
-- do
109
INDUSTRIAL PRODUCTION \
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities)!. ..1957-59=100..
By industry:
M'anufact urino" total
do
Durable manufactures
do
Nondurable manufacture?
do
Mining
do
Utilities
.
...do
By market grouping:
Final products, total..
Consumer goods
Automotive and home goods
Apparel and staples
Equipment, including defense
Materials
Durable goods materials
Nondurable materials
122.9
120. 4
1
do
109. 8
118. 3
118.4
119. 4
119.4
119.8
119.2
119. 5
119. I
119. 2
120.2
121.3
122.5
do
109.7
118.7
118.8
119. 7
119. 9
120. 4
119. 7
119.9
119. 7
119.8
120. 6
121. 9
123.1
do
do
do
do
do
do
107. 0
98. 9
96,5
107.5
106. 5
105.2
117.9
104.6
100. 6
119.1
117.1
113.2
117.6
97.7
89.5
118.2
119. 7
116.4
118.7
96.6
87. 8
117.9
119.7
116. 2
118.9
98. 1
92. 1
112.9
139.6
115.2
119.2
99. 6
92. 8
118.4
U9.fi
115.1
118.8
98. 9
91.0
120.1
117.8
114.2
119.2
100. 7
95. 3
121.2
117.9
112.8
118.9
99.7
95. 8
120. 6
117.2
112.5
119.0
99. 6
96. 0
121.7
118. 4
113,5
120. 0
105 2
102. 2
121.0
118.5
113.9
121.5
111.9
111.5
123.7
119.3
115.4
Machinery..
Nonelectrical machinery
Electrical machinery
do
do
do
110.4
106.5
115.7
123. 5
1 19. 7
128.5
125.3
121.3
130. 5
125.2
121.8
129. 6
125.5
122.5
129. 6
125. 7
125.9
1 '•>3 0
,29.7
125. o
125. 2
1 26. 4
126.2
129^ 7
126. i
123 2
129.8
130. 8
129.5
130.8
130.8
Transportation
equipment
I\l ot or vehicles and parts
Aircraft and other equipment
do
do
do -
103. 6
111.9
95 7
118.3
134. 1
103 9
1 1 6. 6
131. 5
103. 0
122.3
141. 8
101.7
121.4
1 36. 8
121. 5
137.8
1(10 7
121.8
138.1
107.2
121.5
137.3
107.2
121.7
137. 7
107.0
122.4
137. f i
107. 9
122.3
139. 1
106.8
122. 1
14(1 2
Ju5. G
115. 8
106. 3
101.3
115.3
119 8
123. 0
111.1
100. 1
120 S
124.1
111.1
107 5
128 5
124. 9
111! 7
125.0
111.9
107.8
12S 9
1°3 3
121.3
112.3
108. 3
129.2
124. 4
121.2
112.4
101.9
12S. 2
122.3
125. 0
112.9
106. 1
129 3
125.4
113.1
10S. 7
128 0
120. 5
125. 7
113.9
105. 7
1 29. 2
120. 7
127.0
110.7
10S. 2
126.6
120.6
<• 114! 6
115.7
128. 3
121.3
Seas, adj., total index (incl. utilities)?
By industry:
Manufacturing total
Durable manufactures 9
Primary metals
Iron and steel
Nonfcrrous metals and products
Fabricated metal products
Structural metal part?
Instruments and related products
do
Clay, class, and stone products ._ _ _ d o
Lumber and products
do
Furniture and fixtures
do
^Miscellaneous manufactures
do
Nondurable manufactures
Textile mill products
Apparel products
Leather and products
Paper an d product
r
1
do
do
do
do _.do
119 «
11° 9
106.9
H5. 2
112.1 i Ms I)
K.0.2
102.3
113.7 ' 119.7
12-? 1
I9i n
]•>) *
110 9
117.1
lll>.0
118 8
"02 S i 101.7
119.0
121.1
121. 1
117 2
M9.2
100.0
120 5
r
c
Revised.
Picli'i'inary.
Conrcted.
~ Italicized tota for .Ian. 1°03 exe 1
The t o t a l and components are annual totals,
stcppcii-up rate of, and speciil H o x e i n m e n t lite instnance c nidend >a.\ merits to \ etc - ms
!<;1\I
dishui Demerit- of $"298 million multiplied i.y 12 (to put on n n n u d rate ba^is) arnoa nt> d
Jo J"',.r> bii]ion F i g u r e ; fot t > irHe)1 p i.> menrs -ind .otal non i ( ricult iral income reflet • iir r
s i m i l a r ( \c In -ion a.T < •' follov.'s: Tn-^-fei pa\ m i n t s --.^j£ billion::' 01
121. 8
121.0
114.0
121.4
I'M). S
120. S
120.9
112.7
1 '•' 3
100.7
1198
120 8
112 71
1V2 "99.1
119.0
120. 7
121.4
113. 4
112.6
!•>*> 5
!•>:* '»
9 6 . 4 ' US. 7
120.3 ' 123.3
r
r
r
r
'"^
r 129. 4
r 127. 6
' 111.5
? 123.0 ' 127. 9
r 135. 1 ' 141.5
' 119.2 * 123.6
' 122.4 ' 124. 4
121.8
121.4
120
12!)
122. 0
' 120. 9 ' 128. 4
' 126.5 ' 128. r,
•' 128.2
120.0
120
120
r 120.8
' 127.3
M24.4
- 125. 0
122.8
'
120. 1
121. 8 ' 29! 3
121.0 ' 124. 7
120 .2 r 23.4
116.8 ' 120. 9
127. 0
125.5
123.9
126. 0
123.0
127. 2 r
118
12S
125.9
' 128.2
r 129. 1
131.4
' 133.0
133.2
1 30
127
133
123.7
141 .«
107.2
r
124. 5 ' 130. 4
' 143. 1 r 153. 8
<- 107. 5
130
151
110
120 A) •1 130.2
131.0
115.5 r 115 9
117.9
10H. 5
108.0
121) .3 'r 132. 8 "M33. 2
125 7 ' 125 4
122.3
r
120. 5
120.9
T
132
119
1 35
12S
123. 4 r LM.7
125 3
126. ••115.9 ' 110 3 no 9
199 0
121. 5
T/O. o
9N.S
95.4
97.5
120 9
123.9
122.8 ' 123. -i " 125.9
o e'jjTcS!widinp" note on p. S-l. cT'Kevi^d Lcginnine 1959; fvisio is prior to May
jvrn lat< r.
9 Include do a not s lov n separately.
^Ce \ i n i ^ ri< -. revisions !ur 1956-01 for to al and LiimmVy IT<>I;P^
>n p. I' 1 < f t^e Min 1903 Hi K V ' ^ ; rcvi^i'm^ *<»i Jan. -An . 1"
st or.
in;n i
12 . 5
122. 5
114,3
1 ••>•->
K
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1%0
and descriptive notes are shown in the 1%1
edition of BUSINESS STATISTICS
1961 | 1962
Monthly
average
August 1063
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan. 1 Feb.
1
| Mar.
I
Apr.
Mav
"
June
July f
r 118.4
'118.6
112 5
148.7
120
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION i— Continued
Federal Reserve Index of Quantity Output—Con.
Seasonally adjusted indexes — Continued t
By !nd u stry — Con tinned
Nondurable manufactures — Continued
Printing and publishing
1957-59=100..
N ew ^papers
do
Chemicals arid products
do _ .
Industrial chemicals
do
Petroleum products
do _
ill. 5
106. 0
123.3
129.6
108. 7
114.6
108. 5
136. 1
147. 5
112.9
115.5
108. 6
137. 4
149.0
1 ! 5. 1
114.7
100. 1
13S. 3
150. 7
113.4
llfi.O
112.4
138.6
150.8
111.0
1 1 6. 2
111.3
139.8
152.0
11 0.8
114.6
108.2
139 9
151.9
113. 6
114.8
109. 7
138. 7
151.2
113.0
112.3
100.5
138. 7
150. 6
114. 2
- -do . .
do - .
do _
do
do
111.9
110.3
110.6
107. 9
110. 8
130.6
113.5
113.8
111.5
1J2.0
133. 6
112.9
113.0
112,2
10R 9
134.3
111.6
115. 1
111.7
113 4
Io4. 5
114.0
Ho. 1
113.9
119 0
134.5
114.2
315.0
110.0
110 0
135. 1
114.0
114.6
110.7
108 0
134. 5
114.2
114.7
111.5
114 7
. -do _ _
do
-do
do __.
_do._
do
102.6
90. 1
103. 1
103. 0
111.9
109. 4
105. 0
95.3
105. 5
105. 1
1 12. 6
109. 7
105. 2
92. 8
10o. 4
105. 6
119.4
110.7
100. 5
p-> 8
107. 4
107 7
118.3
110.6
105. 4
93. 8
100. 3
106.7
110.7
111.7
105. 7
94. 2
107. 5
107. 8
101. 1
112.7
105. 2
94.3
107.3
107. 2
96. 8
112.6
_..do..._
do
do
122. 3
'23 2
121.5
131.3
133. 1
125.9
132. 4
135. 1
123. 8
133.8
136.2
126. 4
133.1
134. 5
128. 6
132. 6
134. 2
127. 5
do
_do do
111.3
112. 7
1 12. 0
119.7
119. 7
125. 9
119. 9
120. 0
125. 2
121.3
121.2
127.9
121.4
121.0
127.2
Automotive products
Autos
Auto parts and allied products
do
do do
111.8
108.6
116.0
131.1
135. 9
124.9
126. 5
128.1
124. 5
135. 8
143. 9
125.2
Horns goods °
Appliances, TV, and radios
Furniture and rugs
do
do ___
do
112.2
109.9
112. 8
122.2
118.2
123. 9
124. 2
120.4
125.9
Apparel and staples
do
Apparel, incl. knit goods and shoes_do
Consumer staples
_do_ _
Processed foods
do
112.9
109. 0
114.0
110.5
117.7
114.5
118.7
113. 7
Beverages and tobacco _
do
Drugs, soap, and toiletries.
do
Newspapers, magazines, books, .do
Consumer fuel and lighting . ...do
109.5
120. 7
114. 9
119.2
Rubber and plastics products
floods and beverages
._..
Food manufactures
Beverages
_
Tobacco product*5
Miriin°r
.
Coal
Crude oil and natural gas
Crude oil
-Mf>tol mining
Stone and earth minerals _
Utilities
Electric
Ga^
- - -
_.
By market grouping:?
IFjnal products total
Consumer sroods
Automotive and home goods
Equipment, including defense 9
- do _
Business equipment
do. _ _
Industrial equipment
do _
Commercial equipment .
..do
Freight and passenger equipment, do
Farm equipment_.do
116.5
109.7
110.2
94. 0
140.0
152. 6
114.3
110.5
93. 9
141.4
153. 1
114.3
109.7
90.8
143 .6
155.2
115. 5
136. 8
114.8
115.1
113.1
111 4
131.4
115.2
115.0
116.1
113.0
132.8
115.0
115.2
114.2
114. 6
140.3
115.7
116.0
113.9
114.2
105. 7
96. 6
107.4
107.5
99. 1
112. 5
103. 2
95. 6
104.2
103. 8
104. 1
105. 8
103. 0
95.1
102. 6
101. 6
110.1
111.9
104. 7
96.1
105.3
104.8
114.3
106.2
105. 4
93.9
105.9
104.9
115.7
110.2
107.4 ' 108. 5
100 .8
104.5
107.2 T 108. 3
107.3 ' 109. 5
>• 114.5 ' 116.4
113.4 r 110.1
r
r
T
r
109. 6
107 1
109. 2
110.7
113 0
1 13. 2
111 4
107
113
115
132. 5
134. 5
126.2
133.4
136. 2
124. 6
133.8
136. 1
126. 8
135. 9
138.0
138.2
140.3
136.4
138. 1
135.7 ' 139. 1
136 .8
140.9
r
140. 5
142 5
121.7
121. 4
127.4
121.4
120.6
127. 7
121.3
120. 5
128.0
121. 7
121.2
129.3
122. 3
121.8
130. 0
122.6
122.9
130.7
122.4
123.1
131.0
r 122. 1
134.6
MO 0
327.5
135. 3
141. 2
127.4
135.6
142.1
127.1
135.2
141.1
127.5
136. 9
142.0
130. 1
136. 5
141.3
130.2
137. 7
142. 0
132. 1
136.3
141.8
129.1
137.6
141.9
132.0
12'?. 4
118.1
124.3
122.0
117.5
125.4
122. 0
117.0
125. 5
122.1
117.6
125.8
122.9
119.0
125. 8
123.9
120. 0
125. 4
125.8
117.3
130.0
125.9
119. 8
126.0
127.3
123.2
127.4
' 126. 9
118.2
115.1
119.1
113.6
119.0
115.3
120. 1
114. 7
119.0
114,9
120. 2
115. 6
119.5
116.1
120. 5
115.6
118.4
116. 1
119.1
114.0
118.7
116. 1
119.5
114.3
119.1
116.4
119.8
114.4
119.2
115. 7
120. 2
113.8
120.4
116.6
121.4
114. 5
120.5
116.2
' 119. 8
191.8
111.7
129.9
116. 7
126. 1
110.9
130. 8
117.7
128.2
112.3
132. 0
117.4
128. 6
111.9
131.7
117.6
127. 7
112.0
132. 7
117.0
128. 5
110.0
132. 4
116.4
126.8
112,6
131.6
116. 4
126. 9
112.5
132.9
115.8
127.9
115. 1
134.2
113.9
129.7
114.3
135.2
115.0
133. 4
114.0
137.7
115.3
131.4
112.7
137.1
118.3
128.7
108.3
110.1
107.4
127.0
103.4
93.4
119.6
122.1
117.2
143.1
117.2
107. 7
119 8
123.1
118.5
144.8
114.9
110. 4
121.4
124. 4
119.0
145. 6
121.0
110.4
122.8
125.6
119 2
144. 7
124. 2
115.5
123.0
126. 2
118.9
144.9
125. 2
116.7
123 3
126. 1
120. 4
143.8
125. 6
117.3
123. 1
125.9
120. 5
144.4
124.5
118.4
122. 4
125. 1
119.9
144.2
125.4
119. 1
122.0
125. 0
118.8
145.3
126.2
118.8
121. 5
125.0
119.3
144.5
126.9
123. 2
120.7
124.9
119.2
143.8
126.3
119.7
' 120. 4
r 124. 3
122.9 r 125 7 T 19(3 3
' 121.2 r 124 5 r 195 9
135.4 r 139 4
145 9
123.1 r 125 1
128 0
115.1 '116.7
117.6
- 124. 7 ' 126. 9 127.5
119.0 r 121 6
191 4
116.1 r 120 3
191 1
120.4 r 122. 2
121.6
115.2
115.8
111.4
»• 147. 7
161.8
' 116.9
138.8
140.7
r 146. 1
' 160. 7
' 114.8
' 115.2
r 116.2
r 116.4
112.7
112.7
115.2
118 1
119.0
116. 1
116.3
- 123. 3 ' 124. 9
122.5 r 124. 1 ' 125. 6
' 131. 3 ' 132. 8 ' 136. 2
137.1 r 145 3
144.3 ' 159. 9
127.7
126.0
r
129. 8
126.6
130. 7
129.9
126. 8
132 1
115.3
'7 121.3
115. 5
r 122. 3
' 121.0
r 122. 9
117.2
123. 7
115.9
116.2
138.7
119.3
132.0
139.7
119.3
121 8
r 193 4
' 123. 6
127.0
r
' 114.9 '115.9
r
r
r
125. 9
119.2 r 120 9
143.3 r 143. 4
126.0 ' 124. 9
115.2
112.2
Materials
_ _
Durable goods materials 9 _ .
Consumer durable
.
Equipment
Construction, __
do _
-do
do
-do
do
108. 4
104.8
107.9
105.7
105. 2
117.0
114.1
127.5
118.9
110. 4
117 2
113.7
124 5
120. 8
111.8
117.3
113.8
130.4
119.3
112.0
117.4
114.3
130. 6
119.2
112.7
118.2
114.9
129.7
121.3
113.3
117.2
114.0
129. 4
121.0
111.3
117.8
114.1
129.3
120.4
111. 3
116.9
113.2
129.7
120.3
108.6
116.8
113.3
129. 3
121.4
108.6
118.0
114.4
130.9
121.2
109.2
120.2
118.0
134.0
122 2
112.4
Nondurable materials 9—
Business su pplies
Containers
General business supplies
do
do.
do
do
112.1
110.5
111.3
110.0
120.0
116.5
117.1
116.3
120.9
117.4
117.7
117.3
120. 8
116.5
117.4
116,1
120. 6
117.0
116. 5
117. 3
121.6
118.4
118.7
118.2
120. 6
116.5
116.0
116.7
122.4
118.5
120. 6
117. 5
121.1
117.4
118.0
117.1
120.5
116.0
118.5
114.7
121.8
116. 7
119.3
115.4
122.6
117.8
121.5
115.9
107.1
111.7
Business fuel and power
do
102.0
104.9
Mineral fuels
do
129.9
Nonresidential utilities
do .. 121.0
BUSINESS SALES AND INVENTORIES §
161.52 i 65. 94
Mfg. and trade sales (seas, adj.), totalcf--. bil.$
111 6
104.7
130 4
112.9
106.4
131.2
111.8
105. 6
129.5
112. 7
106. 7
130. 0
112.8
106.3
131.5
113.9
107. 2
132.6
112.0
104.2
132.9
111.7
102.9
134. 3
113.9
105. 6
135. 9
113. 3
105,1
134.7
115.6
108.0
135.9
r H7 9
T
127 8
122 8
142 2
128.2
122 0
r 11 g 9
' 110. 5 ' 111.7
138 3
65. 25
66.51
66.09
66.86
66.58
67.52
67.03
66.56
68.13
68.40
68.80
r
68. 72
69.41
do
_ do
...do
30.73
14.54
16.18
33.26
16.20
17.06
32 96
15 89
17.08
33.40
16. 33
17.08
33 29
16. 35
16. 93
33 68
16. 34
17.34
33 48
16.34
17.14
33.86
16.46
17.41
33 36
16.18
17.17
33 13
16.01
17.13
34.09
16.54
17.55
34 33
16.63
17.70
34.91
17.10
17.81
34 87
r
17. 07
T
17. 80
35 13
17 21
17.92
do_
.do
. do
do
_ _ do
do
12.56
4.28
8.27
18. 23
5. 61
12.63
13.06
4.52
8.54
19.61
6.24
13. 37
13. 13
4.52
8.60
19.16
6.03
13. 13
13.35
4.64
8.71
19 76
6.38
13 38
13.16
4.49
8.67
19 64
6.13
13 52
13.48
4.69
8.80
19 69
6. 12
13 57
13.27
4.60
8.67
19 82
6.48
13.34
13.42
4.66
8.76
20 23
6.52
13 71
13 47
4.68
8 80
20 20
6 45
13 75
13.18
4.75
8 43
20 25
6 48
13 77
13.69
4.80
8.90
20 35
6.58
13 77
13 71
4.78
8 93
20 36
6 62
13 74
13.57
4.80
8.78
20 32
6.66
13 66
T
13
4
8
9
0
6
33
95.54
98.80
97.88
98.15
97.90
98.38
98.70
98.54
98 80
99 08
99 23
99 62
99.86 r!00 17
100 70
55 20
31.47
23.72
57 40
32. 69
24.71
56.91
32.58
24.34
57 00
32.63
24 37
56 97
32.69
24.28
57 19
32.74
24 44
57 27
32.76
24 51
57 19
32. 66
24 53
57 40
32.69
24 71
57 48
32.73
24 76
57 69
32.87
24 82
57 91
32 92
24 99
58 11 r 58 45
33.11 '33 41
25 00 r 25 04
58 76
33 59
25 17
13.48
13.89
Wholesale trade, totald*
do
13.97
13.88
13. 97
Durable goods establishments
_ _ -do
6 89
7 01
7 03
6 97
7 06
Nondurable goods establishments
do
6.60
6.91
6.94
6.90
6.87
Retail trade, total t
_ _ _ _ _ _ do
26 86
27 43
27 08
27 05
27 18
Durable goods stores.
do
11.52
11.73
11.45
11. 51
11.59
15. 34
Nondurable goods stores
do
15.62
15. 54
15.59
15. 70
l
'Revised,
» Preliminary.
Total and components are based on unadjusted data.
f See corresponding note on p. S-3.
9Includes data not shown separately.
13.95
7 08
6.87
27 24
11.66
15.58
14. 03
7 09
6.94
27 40
11. 76
15.64
13.86
7 07
6.79
27 49
11.83
15.66
13.97
7 06
6.90
27 43
11.73
15.70
14.05
7 05
6.99
27 54
11.72
15.82
13.96
7 06
6.90
27 59
11.78
15.81
14.04
7 03
7.02
97 (37
11.78
15.88
14.10 ' 14. 14
6 96
7 07
r
7.14
l. 06
27 64
27 59
11. 70 '11.57
15.94 r 16. 02
14.22
7 14
7.08
27 73
11.67
16.06
Manufacturing, total
Durable goods industries
Nondurable goods industries..Wholesale trade, totalcT
Durable goods establishments
Nondurable goods establishments
Retail trade, totaled
Durable goods stores
Nondurable goods stores
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), total f
bil.$
Manufacturing, total
Durable goods industries
Nondurable goods industries _
do
do
do
13 60
"•4.82
T
S 78
r 20 25
T
6 56
r 13 (38
125 6
126 0
135
142
153
123
125"""
124 8
129
196
9
195
129
121
115
80
93
87
48
61
87
§ The term " business" here includes only manufacturing and trade. Business inventories
as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
data for manufacturing are shown on p. S-5; those for retail and wholesale trade on pp. S-ll
and S-12.
cf See note marked "t" on p. S-ll.
t Revised series. See note marked " t" on p. S-ll.
SURVEY OF CUEKENT BUSINESS
10U3
1902
1981
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
Monthly
1962
June
July
Aug.
Sept.
ISG3
Oct.
Nov. | Dec.
Jan.
Feb.
Alar.
Apr.
May | .June
July
GENERAL BUSINESS INDICATORS -Continued
1
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:*
~\l anufacturing and trade total
Alanufactiiring. total
Durable goods industries
Purchased materials
Goods in process
Finished goods
Nondurable goods industries
Purchased materials
Goods in process
Finished coods
'Wholes ale trade total
"Durable foods establishments
Nondurable ^oods establishments
Retail trade total
Nondurable goods stores
i
ratio
1 50
1.48
1.48
1.47
1.48
1.46
1.47
1.49
1.46
1. 40
1.45
1.46
1.45
do
do
do
do
do
1.73
2.05
54
.82
.69
1.71
2. 00
52
.80
.68
1.71
2. 00
. 52
.80
.68
1.70
2. 00
52
.81
.68
1.71
2.00
. 51
.82
.68
1.69
1.99
.50
.81
.68
1.72
2.02
51
.81
.70
1.73
2.04
!S2
.71
1.69
1.99
.50
.80
.69
1.69
1.98
.50
79
.09
1.66
1.94
.49
78
.67
1.68
1.96
T
. 49
.79
.67
1.67
1.95
.50
. 78
. 67
do
do
do
do
1.43
.55
.20
.67
1.43
.55
21
.67
1.43
.55
.21
.68
1.41
.54
.20
.67
1.43
.55
.21
.67
1.41
.54
.20
.66
1.44
.55
.21
.68
1.45
.55
.21
.68
1.41
.54
.21
.66
1.41
.54
1.40
.63
.21
.66
r
1.41
.53
.21
.66
1.40
.53
.21
. 67
do
do
do
do
1.06
1. 54
80
1.41
1.90
1.19
1.05
1.52
.80
1.38
1.82
1.17
1.06
1.56
. 79
1.38
1.88
1.15
1.03
1.51
.78
1.38
1.90
1.15
1.06
L 54
.80
1.38
1.81
1.17
1.03
1. 52
. 77
1.36
1.81
1.14
1.04
1.51
.78
1. 36
1. 82
1.14
1.07
1.48
.83
1.36
1.82
1.15
1.02
1.47
. 78
1.36
1.79
1.15
1.02
1.47
.79
1.36
1.78
1.16
1.04
1.45
.81
1.36
1. 70
1.17
1 04
'1.47
r
. 80
1.36
1.76
'1.17
1.03
1.45
.80
1.35
1.76
1.16
36. 29
35. 30
18. OS
' 2. 68
1.68
r
2. 12
17. 78
2. ;-
do
j
. 06
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales, value (unadjusted), total
Durable eroods industries, tot«!9
Primary metal
Iron and steel
Fabricated metal
30.73
33. 26
33.95
31.34
34. 03
33. 40
30. 10
34. 13
31. 66
32. 34
31.87
34. 90
35. 43
do .
do
do
do
14. 54
2. 06
1.25
1.68
16. 20
2. IS
1.31
1.88
16. 83
2. 15
1.24
2.03
15.06
1.79
1.03
1.89
15. 96
2.09
1.24
2. 19
15.95
2. Of)
1.17
2. 05
17,01
2.17
1.25
2.08
16. 67
2.11
1.23
1. 84
15. 64
I. 92
1. 12
1.03
'!§
1 . 21
15.30
2. 01
1. 17
1. 68
16.98
2.32
1 . 39
l.i-3
17. 52
2.47
1.52
1. 98
do ._
do
do
do
4.87
5.31
5. 59
4.87
5. 38
5. 28
5. 57
5. 34
5. 30
5 0°
2.87
1.25
3. 13
1.37
3. 34
1.43
2. 95
1.30
3.15
1.38
3. 05
1.34
3.21
1.42
3. 06
1. 41
3. 07
1.40
.__.b!l.$_.
..
Mnchinerv
Electrical
Nonelectrical
Industrial
Transportation equipment
do
I umber and furniture
do
Nondurable aoods industries total 9
do
Food and beverage,
Tobacco
Textile
^aper
Chemical
Petroleum and coal
"Rubber
do
do -_do
do
do
do
do
S°les value (sea*5 adi ) total
3.24
1.94
.82
.76
3. S5
2. 41
.90
. 82
3. 96
o 49
.94
.90
16. 18
17.06
17.13
4. SO
.42
1.22
1.13
2.49
3.21
.50
5. 05
. 43
1. 37
1.20
2. 73
3.19
.55
5. 14
.44
1.40
1 . 23
-. 78
3! 14
3. 68
o 33
. 83
.84
2. 95
1 47
1.05
.95
3.
45
0
04
.94
.86
"45
1.51
1.30
2.92
3.30
.62
5.30
.45
1. 44
1.21
2.66
3.22
.54
3. 47
1. 51
r
;i
3. 51
1 . 56
3.49
1.62
r
4. 25
1.00
. 99
4.14
o --,
.99
. 96
16. 51
17.91
17. 92
' 18. 22
17. 51
4. 81
40
1/27
1.11
2 42
3^29
.50
4.93
.42
1.29
1 . 21
2. 69
3.44
.56
4.84
.38
1.36
1. 18
2 59
3! 13
.51
5. 23
. 40
1.45
1.28
2. 92
3' 22
. 58
5.17
.44
1.43
1.25
3. 11
3. 20
.65
' 5. 41
' . 50
1.43
1.30
3.24
' 3. 25
"> 24
\43
1.46
1.24
2.96
3.12
.59
17.46
5. 26
42
1.44
1 22
2. 7<>
3.07
.55
5.81
10. 83
18,50
5. 25
.47
1.44
1.28
2. 83
3.26
.55
5. 76
16.03
4. OP
•> f,f,
4.94
.45
1.21
1.10
2. 58
3.10
.53
3.44
r
3. 80
o 4x
.s3
71
4.24
2 81
.94
.86
18. 07
3.04
4. 11
O
(]Q
•"> 83
.93 !
8°.
.M
r 9 £7
.91
' .61
do
32 96
33. 40
33. 29
33. 68
33. 48
33.86
33.36
33.13
34. 09
34.33
34. 91
34.87
35.13
do
,
do
15.89
0
00
1.16
1.89
16. 33
2 04
1.17
1.90
16. 35
2 06
1.20
1.88
16.34
2 05
1.19
1.91
16.34
2 07
1.18
1.92
16.46
2 17
1.28
1. 92
16. 18
2.04
1. 19
1.84
16.01
2.03
1.16
1.8S
16. 54
2.11
1.24
1.96
16. 63
--17.07
L33
1.91
17.10
2.41
1.50
1.98
1.61,
' 2. 00
17.21
2.43
1 . 50
1.94
\lachinerv
Fiectrical
Nonelectrical
Industrial
do
do
do
do
5. 29
2 19
3. 10
1 3°
5.37
2 19
3.18
1.42
5. 38
2.18
3. 20
1.38
5. 32
2.17
3.16
1.40
5. 28
2 11
3.16
1.36
5. 43
2. 19
3.24
1.42
5.41
2 IS
3. 23
1.41
5. 29
2.18
3.11
1 . 40
5.41
2 24
3. 16
1.42
~. 48
2 26
3.22
1.46
5.46
2. 22
3. 23
1.46
'T 5. 51
2. 27
' 3. 24
'1.48
5 66
2.' 32
3.33
1.55
Tr°n c !portation enuipment
A'lotor vehicles and parts
""" umber and furniture
Stone clav and glass
do
do
do
do
3. 80
2 35
88
.81
4.05
2 60
89
.83
4. 05
2.50
.91
.82
4.05
2. 60
.89
.82
4.03
2 60
.93
.84
3.80
2.41
. 95
.87
3. 83
2 47
.89
.86
3.72
2 38
.93
.87
3.95
2 59
.95
.87
3. 97
95
.86
4.07
2.70
.96
.91
'3.92
' 2 61
.95
4.04
2. 70
.95
.89
do
17.08
17.08
16.93
17. 34
17.14
17.41
17.17
17.13
17 55
17 70
17 81
do
do
do
do
do
do
do
5 07
.41
1 39
1 °0
2 71
3.18
.53
) 01
.45
1.37
1.17
2 79
3.18
.55
5.04
.44
1.32
1.18
2. 72
3.13
.54
5.18
.43
1.39
1.22
2. 70
3.25
.57
5.10
.44
1.34
2.72
3.24
.55
.42
1.37
1 22
2.76
3.21
.58
5.12
.42
1.39
1 24
2. 73
3.17
.55
5. 06
.44
1.33
1 23
2 74
3.26
.55
5.18
.43
1.40
1 25
•> §2
3. 26
.58
5. 23
.44
1.44
1 26
2 ^6
3 °1
.58
5.29
.44
1.45
1.23
2 92
3.24
.62
IDnrable goods industries total Q
, ' • , , i
~
Fabricated metal
Nondurable goods industries, total 9
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal
Rubber
__
Inventories, end of year or month:
Book value (unadjusted), total
2
r
1 91
r 2. 54
r . 90
g(j
17 92
5. 25
.46
1.44
1 25
2 96
>• 3. 26
~- 32
.43
1.48
1 24
2 Q5
3.24
.56
r 17
r
55. 19
2 57. 21
57.08
56. 65
56. 64
56.80
57.01
56.99
57.21
57.69
58. 03
58.29
58.45
' 58. S3 58. 92
do .
do
do __
do
31.23
4.91
3.05
3.00
32. 34
4.73
2 $2
£00
32. 87
4.76
2.84
3.40
32. 53
4.78
2.86
3.34
32. 55
4.76
2. 85
3.26
32. 54
4.73
2. 83
3.14
32. 48
4.72
2.82
3.06
32.38
4.67
2.78
2. 99
32.34
4.73
2 82
3. 00
32.68
4.65
2.76
3.09
33.02
4.63
2.72
3. 12
33. 26
4.58
2. 67
3.20
33. 45
4.53
2 62
3.26
' 33. 81 33 82
' 4. 51 4 . 52
2.61
2. 61
r
3.34
3.33
do
do
do
do
10.31
3.96
6.35
2.46
11.06
4.37
6.69
2. 62
11.11
4.44
6.66
2.61
11.01
4.40
6.61
2.61
10. 99
4.41
6.57
2.61
10.99
4. 40
0. 59
2.63
11.04
4.40
6.64
2.64
11.10
4.40
6.69
2.64
11.06
4. 37
6. 69
2.62
11.19
4. 39
6.80
2.68
11.32
4. 46
6.86
2.69
11.40
4. 52
6 88
2. 70
11.53
4.60
6.93
2.74
"•11.67
' 4. 68
6. 99
6.93
Transportation equipment
do.___
7.31
7.17
6.95
7.14
3.22
Motor vehicles and parts
do
3.55
3.40
3.16
3.36
1.84
Lumber and furniture
do
1.80
1.84
1.84
1.87
Stone, clay, and glass
do
1.46
1.52
1.50
1.54
1.53
By stages of fabrication:
8.13
Purchased materials
_ do __
8.25
8.59
8.53
8.60
12.56
Goods in process
do
13.04
13.00
12.89
13.11
10.54
Finished goods
do
11.05
11.05
10.85
11.34
f
2
Revised.
i Advance estimate.
Total and components are end-of-year data.
*Stock-sales ratios are based on the seasonally adjusted sales and inventories series
presented on this page and on pp. S-4, S-6, and S-ll. The ratios are derived by dividing
end-of-month inventory book values by total sales during the month. Data for 1955-60 for
7.38
3.56
1.83
1.50
7.43
3.54
1.81
1.49
7.42
3.56
1.80
1.49
7.31
3. 55
1.80
1.52
7.43
3. 60
1.82
1.55
7.50
3.62
1.83
1.58
7. 56
3.63
1.83
1.60
7.59
3.63
1.82
1.59
' 7.71
' 3. 66
' 1. 84
1 58
8.51
13.30
10.73
8.38
13.34
10.76
8.26
13.25
10.87
8.25
13.04
11.05
8.22
13. 17
11.29
8.20
13.25
11.57
8.20
13.31
11.75
8.25
13.40
11.81
Durable goods industries, total 9
Primary metal ___
Iron and steeLFabricated metal..
Machinery _ _ _ _ _
Electrical
Nonelectrical
Industrial
do _ _
_
'8.33
' 13.55
'11.93
1
10. 4
1
17.6
2! 04
o. 64
3. 96
2 70
.S3
.74
4.36
•> 0,3
1.02
.95
16. 29
1. 70
r
11.60
4.68 i1
6. 92
2. 72
1
7.73
3. 66
1.84
1 56
8.54
13.39
11.88
manufacturing and 1959-60 for wholesale trade (scattered minor revisions for 1955-58 will
be available later) appear on p. 20 of the June 1961 SURVEY; data prior to 1961 (recently revised)
for the manufacturing and trade total and for retail trade are available upon request.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
August 19C3
1963
1962
i
End of
year
June
July
A ue;.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES,INVENTORIES,
AND ORDERS -Continued
Inventories, end of year or month— Continued
Book value (unadjusted)— Continued
Nondurable goods industries, total 9 _-_bil. $__
Food and beverage
Tobacco
Textile
PaDer
Chemical
Petroleum and coal
Rubber
By stages of fabrication:
Purchased materials
Goods in process
Finished goods
do
do
do
do
do
do
_ .- do__ .
do
do _
do
-
__
Fabricated metal
Machinery
Electrical
Nonelectrical
Industrial
Transportation equipment
Motor vehicles and parts
Lumber and furniture
Stone clav and glass
By stages of fabrication:
Purchased materials
Goods in process
_
Finished goods
24.12
24.08
24. 26
24.53
24. 61
24.88
25.01
25.01
25.03
24.99
5.58
2.24
2. 80
1.74
4.57
3.47
5. 12
2. 07
l)
91
1 78
4 34
3. 40
1.20
5.16
1. 99
2 86
1.74
4.35
3. 45
1.19
5.32
2.02
2 79
1.73
4.32
3. 45
1.18
5. 48
2.10
? 73
1 71
4.31
3. 53
1. IS
5. 63
2.16
2 74
1.71
4.38
3. 53
1.19
5.64
2.14
2.76
1.72
4.44
3.51
1.19
5.58
2.24
2.80
1.74
4.57
3.47
1.22
5.47
2.30
? 86
1.76
4.64
3.35
1.25
5.36
2.30
2.91
1.78
4.70
3.29
1.29
5.28
2. 26
2.94
1.80
4.70
3.35
1. 32
5.20
2.20
2.97
1.81
4.66
3.39
1.32
9. 08
3. 46
11.73
9.31
3.53
11.37
9. 22
3. 60
11.30
9.08
3.54
11.47
9.09
3. 52
11.65
9.33
3.51
11.69
9.45
3.49
11.67
9.68
3.46
11.73
9.69
3. 62
11.70
9.73
3.66
11.62
9.71
3.69
11.63
9.62
3.72
11.66
' 9. 51 9.38
-3.80
3.77
' 11.72
11. 95
1.68
4. 35
3.43
1.13
9.38
3.27
11.31
' 25. 02 25.10
'5.12
2.13
'2.99
' 1. 83
' 4. 59
r
3. 43
1.32
5.19
2.06
2.96
1.84
4.60
3.47
1.31
do
55. 20
57. 40
56. 91
57.00
56.97
57. 19
57.27
57. 19
57.40
57.48
57.69
57. 91
58.11
' 58. 45 58. 76
- -- do
__do
do
__do
do
31. 47
4.78
2.89
3. Ifi
10.46
4. 03
6. 42
2.49
32. 69
4. 62
2.69
3.17
11. 26
4.47
6. 79
2. 66
32. 58
4.83
2. 91
3.22
10. 89
4. 32
6. 58
2.58
32. 63
4.80
2 89
3. 23
10. 96
4.34
6. 62
2. 60
32.69
4. 77
2.86
3.22
11.04
4.41
6.64
2.62
32.74
4,74
2. 83
3.23
11.12
4.41
6. 71
2. 64
32.76
4.67
2 77
3. 16
11.23
4. 47
6. 76
2.65
32. 66
4.60
?. 71
3.15
11. 23
4. 46
6. 76
2. 65
32.69
4. 62
9 gq
3. 17
11.26
4.47
6. 79
2. 66
32. 73
4.59
9 QS
3.19
11.31
4. 50
6.81
2. 70
32.87
4.61
9 70
3.15
11.32
4 51
6.81
2.70
32.92
4.60
9 72
3. 15
11.26
4. 51
6. 75
2. 67
33.11
4.58
2 69
3.16
11.36
4. 55
6.81
2.70
••33.41
4.58
2 69
'3. 19
11.40
r
4. 55
6.86
_ __ do.
___do
_
do
do
6.87
3.12
1.86
1.47
7.29
3.47
1.82
1.54
7.29
3. 52
1.84
1.52
7.24
3.42
1.85
1.53
7.29
3.51
1.82
1.54
7.33
3. 46
1.83
1. 55
7. 35
3.43
1.82
1 . on
7.36
3.43
1.81
1. 55
7. 29
3.47
1.82
1.54
7. 28
3.48
1.82
1.54
7.37
3. 50
1.83
1.54
7.44
3.56
1.83
1.55
7.56
3. 65
1.82
1.53
do
do
do
8.09
12.64
10.74
8.22
13.14
11.33
8. 55
13.02
11.01
8.49
13.10
11.04
8.45
13. 15
11.09
8.41
13.26
1 1 . 00
8.26
13. 34
11.16
8.15
13. 28
11.24
8.22
13. 14
11.33
8. 29
13.09
11.35
8.29
13. 18
11.40
8.32
13. 20
11.40
8.42
13.28
11.41
T
r
do
23.72
24.71
24. 34
24.37
24.28
24.44
24.51
24. 53
24. 71
24.76
24. 82
24.99
25. 00
- - do
do
do _ _
do
_. do
do. _ _
do
5.24
2.17
2.74
1.68
4.28
3.42
1.13
5.40
2.14
2.87
1.75
4.51
3. 46
1.22
5.40
2 18
2. 83
1.76
4.37
3.42
1.20
5.39
9 17
2.81
1.75
4.39
3.43
1 °1
5.31
2 17
2.82
1.74
4.39
3. 40
1.20
5.37
2 14
2. 85
1.75
4.42
3.44
1 °0
5.38
2 13
2. 89
1. 74
4.44
3.41
1 22
5.35
2. 12
2.90
1.74
4.44
3.42
1.22
5.40
2. 14
2.87
1. 75
4.51
3.46
1.22
5.34
2. 13
2.86
1.76
4.58
3.44
1.24
5.35
2. 17
I . 76
4.60
3.38
1.27
5. 42
9
19
2 85
1.78
4.61
3.45
1 27
5.37
2 17
2. 86
1.78
4.62
3.47
1.29
do
__do
9.06
3.37
11.29
9.44
3.59
11.68
9.48
3.47
11.41
9.39
3.51
11.46
9.29
3.50
11.48
9.33
3.52
11.59
9. 41
3. 54
11. 57
9.45
3.54
11. 54
9.44
3.59
11.68
9.46
3. 65
11.65
9.54
3.68
11.60
9.53
3.71
11.76
9.52
3.72
11.77
do
Nondurable goods industries, total 9
Food and beverage
Tobacco
Textile
Paper
Chemical
Petroleum and coal_ .
Rubber
By stages of fabrication:
24.88
5. 44
2.28
2.68
- -do
- -- do
Book value (seasonally adjusted), total
Durable goods industries, total?
Primary metal
23. 96
Goods in process
Finished goods
r 2. 72
T
33. 59
4.59
0
70
3.18
11.40
4 56
6.84
2.70
7. 76
'3.75
'1.84
1.53
7.90
3.83
1.84
1.54
'8.43
13.49
11.49
8.59
13.47
11.54
r 25. 04
25.17
5.36
2 17
••2.86
'1.80
' 4. 62
'3.46
1.30
'9.48
'3.73
'11.82
5.45
2 ^7
2.87
1.81
4.62
3.48
1.31
9.48
3.69
12.01
i 30. 96
133.05
33.60
31.99
33.36
32.86
35. 78
33.47
31. 48
33.08
32.73
36.14
35.75 ' 36. 81 35.26
Durable goods industries, tota!9___
do
Primary metal
do
Iron and steel
do
Fabricated metal
do
Machinery
do
Electrical
do. _Nonelectrical
. -do
Industrial
_
do
Transportation equipment
_. . _ . do. ._
14.74
2.18
1.35
1.70
4.92
2.00
2.92
1.26
3.22
16.02
2.08
1.21
1.88
5.28
2.16
3.12
1.37
3.81
16.51
1.81
.97
1.96
5.64
2.34
3.31
1.46
3.91
15.77
1.74
1.00
1.95
5.06
1.98
3.07
1.28
4.04
15.48
2. 04
1.18
2.16
5.11
2.04
3.07
1.37
2.89
15.40
1.88
1.10
1.98
5.24
2.29
2. 95
1.33
3.34
17.30
2.12
1.21
2.00
5.42
2.19
3.22
1.39
4.51
16.07
2.10
1.20
1.81
5.08
2.04
3.03
1.36
4.04
15.52
1.89
1.13
1.62
5.33
2.41
2.92
1.35
4.11
16.17
2.29
1.38
1.76
5. 15
2.07
3.08
1.39
4.13
16.19
2.32
1.42
1.75
5.37
2.16
3.21
1.45
4.09
18.24
2.70
1.72
1.90
5.90
2. 29
3.60
1.58
4.62
17.74
2.81
1.83
1. 99
5.60
2.13
3.47
1.50
4.03
'18.42
17.66
'2.62
2.01
1.09
1.67
' 2. 08 2.13
' 5. 82 5.96
2.54
'2.25
3.56
3.42
'1.60
1 59
4.17
'4.52
Nondurable goods industries, total
do
Industries with unfilled orders©
._ . do
Industries without unfilled orders!
do
16.23
3.53
12.70
17.04
3.77
13.27
17.09
3.83
13. 26
16.21
3.40
12.82
17.88
3.84
14.04
17. 46
3.89
13.57
18.48
4. 12
14.36
17.40
3.89
13.51
15.96
3.48
12.48
16.91
3. 70
13.21
16.53
3.67
12.86
17.90
3.97
13.93
18.01
4.02
13.99
' 18. 39 17.60
4.02
'4.17
' 14. 23 13. 59
32. 43
33.26
32.83
33.23
33.82
33.76
33.04
33.90
34.59
35.06
35.80
' 35. 60 35.24
15.44
1.76
.93
1.86
5.16
2.05
3.11
1.36
3.76
16.27
1.90
1.08
1.92
5.30
2.07
3.23
1.38
4.16
15.91
2.06
1.20
1.91
5.23
2.08
3.15
1.41
3.68
15.89
1.97
1.18
1.84
5.18
2. 14
3.04
1.37
4.06
16.57
2.17
1.28
1.86
5.42
2.19
3.24
1.34
4.05
16.34
2 07
1.18
1.95
5.42
2.12
3.30
1.39
3.82
16.02
2.00
1.22
1.81
5.44
2.41
3.03
1.40
3.66
16.71
2.14
1.25
1. 92
5.51
2. 34
3.17
1.40
4.02
17.09
2.24
1.34
1.95
5.54
2.32
3.22
1. 46
4.40
17.48
2.55
1.61
1.95
5.50
2 22
£27
1.45
4.36
17.89
2.89
1.93
2.03
5.47
2.16
3.31
1.50
4.23
' 17. 70 17.23
2.06
'2.47
1.56
1.12
2.10
M.99
' 5. 75 5.71
'2.31
2.37
'3.44
3.34
'1.60
1.54
'4.29
4.17
16.99
3.76
13.23
16.98
3.72
13.27
16.92
3.72
13.20
17.34
3.85
13.49
17.25
3.86
13. 39
17.42
3.86
13.56
17.02
3.70
13.32
17.19
3.82
13.37
17.50
3.80
13.70
17.59
3.82
13. 77
17.91
4.01
13.90
New orders net (unadjusted), total.
Durable goods industries total 9
Primary metal
Iron and steel
Fabricated metal
Machinery
Electrical
Industrial
Transportation equipment
..
do
do
do
do
do
do
.._
_._
Nondurable goods industries total
Industries with unfilled orders©
do
do
do
do
[Infilled orders, end of year or month (unadjusted),
total
bil $
Durable goods industries, total 9
Primary metal
Iron and steel
Machinery
Electrical
_ __
Nonelectrical
Industrial
Transportation equipment
Nondurable goods industries, total©
45.65
47.45
48.09
47.43
46.82
46. cO
45.84
45.65
46.39
47.25
48.50
48.82
do
__do
do
. _ _ do ._
do
42.92
3.64
2.32
2.90
17. 76
10.03
7.73
3.56
14.10
44.27
3.96
2. 54
3.05
18.27
10.31
7.96
3.71
13.96
44.99
3.91
2.51
3.11
18.46
10.38
8.08
3.69
14. 31
44. 50
3.86
2.46
3.08
18.19
10. 19
8.00
3.69
14.25
43.95
3.74
2.39
3.01
18.15
10.25
7.90
3.68
14.13
43.64
3.68
2.34
2.93
18.00
10.09
7.91
3.66
14.28
43. 03
3.67
2.32
2.90
17.73
9.85
7.88
3.61
14. 08
42.92
3.64
2.32
2.90
17. 76
10. 03
7.73
3.56
14. 10
43.57
3.85
2.50
2.96
17.89
10. 01
7.88
3.63
14.27
44.40
4.16
2.74
3.02
18.10
10.06
8.04
3.72
14.57
45.66
4.55
3.08
3.09
18. 28
10.07
8.21
3.78
15.08
45.88 ' 46. 22
4.88
'• 4. 83
3.39
3.38
3.10
'3.06
18.24 ' 18. 29
10.02
10.02
8.21
'8.27
3.77
'3.81
14. 88 '15.15
do
3.08
2.74
3.18
3.11
2.92
2.88
2.86
2.80
2.74
2.82
2.85
2.84
--
Unfilled orders, end of year or month (seasonally
47.20
47.84
47.91
adjusted) total*
bil $
44. 85
44.28
44.90
Durable goods industries total
do
2.92
3.02
2.99
Nondurable goods industries, total©
do
r
2
Revised.
i Total and components are monthly averages.
Advance estimate.
9 Includes data not shown separately.
©Includes textiles, leather, paper, and printing and publishing industries; unfilled
orders for other nondurable goods industries are zero.
::::::::
2.93
217.3
' 17. 90 18.00
'4.03
4.07
13. 87 13.94
45. 12
4.76
3.48
2. 98
18. 10
10.29
7.80
3.53
14.64
--
16.8
r
48.20
do
do
do
J
' 49. 33 49.30
'3.11
46. 10
4.31
2.90
3.15
18.44
10.24
8.20
3.78
15.17
2
46. 5
3.20
45.85
45. 94
46.28
46. 90
48.96 ' 49. 83 49.74
48.25
46.52
43.00
43.03
43. 40
45. 43
44.01
46.07 ' 46. 88 46.71
43. 55
246.3
2.85
2.91
2.88
2.89
2.82
2.89
' 2. 95 3.03
2.97
these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and
rubber) sales are considered equal to new orders.
*New series. Monthly data prior to
Dec. 1961 appear on p. 27 of the Feb. 1963 SURVEY.
46.66
43.73
2.93
SUEVEY OF CURRENT BUSINESS
Ausnst 1063
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1962
1961 | 1962
Monthly
average
S-7
June
July
Aug.
Sept.
1963
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
14,012
15 398
16 259
15 604
16 294
15 257
1 296
126
221
225
595
129
May
June
July
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS d"
New incorporations (50 States):©
Unadjusted
Seasonally adjusted*
number. _ 15, 128
do
15, 171
15,234
14 990
14, 957
15 171
14, 955
15 216
12, 777
15 232
15,318
15 121
1,315
12,926
14 892
13, 925
14 767
17, 348
14 457
1,101
1 258
100
219
181
497
104
113
183
244
582
136
r
16
r
812
!5 756
15 016
15 512
1 287
1 303
1 211
116
212
189
620
150
111
217
241
595
139
120
158
206
591
136
86, 151
INDUSTRIAL AND COMMERCIAL
FAILURES d1
Failures total
number.-
1,423
do
do
do__ _
do
do __
123
229
235
691
144
1,281
1,165
1,319
1,118
1 410
112
225
215
629
134
113
194
237
606
131
106
187
215
545
112
120
217
227
622
133
92
194
185
514
133
11]
231
244
072
152
109
193
200
590
124
thous. $__ 90, 844 101, 133
88, 493
91, 574 146, 832
96, 165 119,092
98, 841
81, 275 160, 963
94, 715 100, 502 100, 755 118,274
6,694
16, 084
27, 107
27, 754
13, 205
7,831
20, 295
33, 333
29, 143
10, 531
5, 445
13, 627
32, 821
27, 065
9,535
5,642
22 412
21.598
29, 999
11 923
6, 977
33 618
36, 170
53, 180
16 887
5, 605
12 803
39, 988
27, 944
9 825
7, 634
24 728
48, 833
2f> S7B
11 021
16, 184
16 095
34, 069
24, 107
8 386
8,785
18 744
20, 671
22, 744
10 331
7 738
31 113
56, 054
29 552
36 506
7 198
22 530
26, 971
26 098
11 918
6 957
19 017
34, 907
26 148
13 473
4 960
14 434
32, 286
28 847
20 228
14 502
19 898
33, 496
39 291
11 157
!64.4
ieo.s
57.3
58.3
62.5
62.2
66.3
59.4
56.0
55.2
60.7
54.4
54.2
56.4
Conipiercial service
Construction
_
Manufacturing and mining
Retail trade
_
Wholesale trade
Liabilities (current), total.
Commercial
service
Conc;truetion
Manufacturing and mining
Retail trade
Wholesale trade
do
do
do
do
do
-
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. _
1 216
1 304
112
228
199
629
136
9
11
30
20
13
559
995
552
697
418
57.8
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products 1
Fruit
Oil-bearing crops
__ _ _.
Potatoes (incl dry edible beans)
Tobacco
- -Livestock and products.
Dairy products
IVTeat animals
Poultrv and eggs
Wool "
240
243
239
240
244
250
245
244
243
245
242
240
242
240
241
245
do
do
do
do
do
297
234
234
283
157
230
999
215
282
155
227
998
219
261
151
209
230
244
270
153
226
194
975
151
296
231
196
280
154
226
297
203
275
152
996
224
215
268
147
230
294
238
261
153
231
230
276
954
157
231
231
25?
951
161
234
°38
237
270
161
234
944
943
978
161
239
945
242
275
162
933
244
244
277
169
215
939
9
66
9(59
168
205
do
do
do
do_ _
247
257
157
526
220
248
156
530
203
253
204
543
190
252
192
538
241
245
173
511
264
238
156
594
242
238
141
517
224
244
147
510
199
247
147
505
216
251
150
488
297
258
155
501
268
258
151
501
308
254
140
501
327
258
156
500
317
258
153
500
9
251
260
299
146
232
255
253
310
145
251
242
231
304
128
261
249
239
311
134
257
257
248
319
143
253
266
258
395
154
251
262
265
315
152
249
260
268
311
151
252
259
263
309
153
249
257
259
308
152
255
251
256
294
157
264
242
949
155
274
240
240
288
144
279
235
234
286
134
272
239
932
294
133
272
949
239
309
137
271
276
291
266
279
294
269
279
294
268
9
79
294
268
279
294
268
280
294
271
281
294
271
281
295
271
282
296
273
284
297
274
284
298
274
283
297
274
283
297
273
983
297
273
283
298
272
9g4
302
306
306
305
305
307
307
307
309
311
311
310
311
311
311
312
80
79
78
79
80
81
80
79
79
79
78
77
78
77
77
79
1910-14=100__
Crops
Commercial vegetables
Cotton
Feed °ralns and hay
Food grains
.-
.do
do
do
do
do
_
. . ._
Prices paid:
411 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
981
78
2569
18
499
299
273
CONSUMER PRICES J
(U.S. Department of Labor Indexes')
104.2
105.4
105.3
105 5
105 5
106.1
106 0
106 0
105.8
106 0
106 1
106 2
106 2
106 9
2 106 6
104.8
104.2
106.1
105.4
106.1
105.3
106.1
105.4
106 2
105.5
106.6
106.1
106.7
106.1
106.7
106.0
106.7
105.8
106 5
105.9
106 6
106.1
106 8
106.1
107 0
106.1
107 0
106.1
107 3
106.6
do
do
do
do
102.4
102. 8
100. 5
107 6
103.2
103.6
101.5
109 5
103.1
103.4
101.6
109.5
103.1
103.5
101.5
109 8
103.2
103. 5
101 7
109 9
104.1
104.7
101.6
109 8
104.0
104.4
102 0
109 8
103.9
104.2
102 2
110 0
103.6
104.0
101.7
110 1
103.6
104.3
100 4
110 5
103.8
104.5
100 6
110 5
103.7
104.4
100 8
110 8
103.6
104.2
100 9
111 1
1®3.6
104.2
101 0
111 1
104.1
104. 8
101 3
111 3
Apparel.
Food 9
_ .
_ _ _ _ _ _
Dairy products.
Fruits and vegetables..
Meats, poultry, and fish
_ _
do
do
do
do
do
102.8
102.6
104.8
104.2
99 3
103.2
103 6
104.1
105.0
101. 7
102.8
103.5
102.7
111.9
99.7
102.9
103.8
103.5
109.9
100 8
102 5
103 8
103 9
105.2
102 6
104.6
104.8
104.2
102.2
106.3
104.9
104 3
104.3
102.0
104 1
104.3
104.1
104.2
102.1
103 5
103.9
103 5
103.9
100.2
102 5
103 0
104 7
103.8
106.4
102 5
103 3
105 0
103 6
109.4
102 1
103 6
104 6
103 5
199.6
100 7
103 8
104 3
102 9
112.0
98 3
103 7
104 2
102 8
113.9
98 0
103 9
105 0
102 8
115.6
98 4
Housine9
G a s a n d electricity _ _ _ _ _
Housefurnishings,.
Rent .__
do .
do
do
_ _ do .
103. S
107.9
99.5
104.4
104.8
107.9
98.9
105.7
104.8
107.7
99.1
105.6
104.8
108.0
99.0
105. 7
104
108
98
105
8
0
5
8
104.9
108.0
98.7
105.9
105.0
108.0
98.8
106.1
105. 1
108 1
98.7
106.2
105.2
108 1
98.6
106.2
105
108
97
106
4
2
9
3
105 4
108 0
98 3
106 4
105
108
98
106
105
107
98
106
105
107
98
1(96
7
4
4
6
105 9
108 1
98 5
106 7
do
do
do
111.3
104 6
107 2
114.2
106 5
109.6
114.4
106 1
109 2
114.6
106 8
110.0
114 6
106 8
110 3
114.7
106.8
110.0
114.9
106 9
109.5
115.0
107 1
110.1
115. 3
107 6
110 0
115 5
107 4
110 2
115 6
107 3
110 0
115 8
107 3
110 1
116 1
107 6
111 0
116 4
107 8
110 7
116 8
107 8
110 9
107.4
Transportation ..
do _ _
107.2
107.3
105.0
106.8
105 9
105 4
106 2
Private
_
do
104 0
106 0
115.7
Public
do
115.4
115.6
115 6
111.7
Other goods and services
do
105.3
105.6
105.5
104.6
105. 2
r
Revised.
1
2
Based on unadjusted data.
Index based on 1947-49=100 is 130.8.
cf Data are
from Dun & Bradstreet, Inc.
© Figures in 1961 BUSINESS STATISTICS volume cover 49
States (Alaska not included); see July 1961 SURVEY for unadjusted data back to January
1960 for 50 States.
*New series. Data for Jan.-Dec. 1959 (49 States) appear in the Oct.
1961 SURVEY. For revised data (50 States) for 1960, see similar note in the June 1962 SURVEY.
107.8
106.7
115.7
105.6
108.1
106 9
116.0
105.6
108.3
107 2
115 4
105.6
108 0
106 8
115 7
105.6
106 6
105 3
115 7
105.7
106 8
105 3
116 3
105.7
107 0
105 6
116 4
105.7
107 0
105 5
116 5
105.8
107 4
106 0
116 5
106.0
All items t
. .
Special group indexes:
All items less food
All items less shelter..
All commodities __
Nondurables.
Durables
Services
. 1957-59=100
... _ do. ..
do
_
_.
Medical care
Personal care
Reading and recreation
_
7
0
6
4
8
5
5
5
107 4
106 1
116 6
107.6
^Revised beginning Jan. 1959 to incorporate price revisions for individual commodities;
revisions prior to April 1962 will be shown later.
§ Ratio of prices received to prices paid (including interest, taxes, and wage rates).
JData reflect conversion to the 1957-59=100 reference base period. Monthly and annual
data for earlier periods appear on p. 19 of the Oct. 1962 SURVEY.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
1961
Unless otherwise stated , statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
100.3
do
By stage of processing:
Crude materials for further processing
Intermediate materials, supplies, etc
Finished goods O
By durability of product:
Nondurable goods
Durable goods
_
1962
1963
I
!
i
i
]
i
; F..-b. j Mar. j Apr. I May : June \ i
I
Juno
July
Autr.
Sept.
Oct.
! Nov.
Dec.
i
1
Jan.
COMMODITY PRICES—Continued
!
WHOLESALE PRICEScfi
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:*
22 Commodities
1957-59 = 100. _
9 Foodstuffs
-do
13 Raw industrials
do
A*] commodities*
j 1962 P
Monthly
average
100.6
93.0
89.8
95 4
92.5
90.0
94 2
92.6
89 9
94 5
92.5
90 3
94 0
92. 9
89 Q
94 0
93.0
^8 4
96 4
8^ 9
95 8
93. 5
90 7
95 5
100.0
100. 4
100 5
101 9
100.6
100 7
100 4
100 5
92.6
93. 3
90 8
95 1
100
9
92.2
SO 0
94 4
09 9
93.0
00 9
95. 1
9- 9
92 0
93 9
93. 8
93 4
94 9
99 7
100. 0
100 .3
100 7
'101.5
r
0 "r
0
96.1
100.3
101.4
97.1
100.2
101. 7
95. 2
100. 2
101 1
96. 5
100. 3
101 5
97.2
100 1
101 7
99. 2
100 9
10° 6
97.4
100 i
101 Q
97. 6
100 1
109 Q
96.8
100. 1
101. 6
96.8
100 2
101.8
95. 6
100. 1
101.5
94.5
100. 0
101.1
95.0
99. 9
100 8
94.2
10'). 5
1U1. 1
99.6
101.3
100.1
101.0
99 3
101 0
99 8
101.0
100 0
101 0
101 °
100 9
100 4
100 7
100 5
100 7
100. 0
100. 7
100. 2
100. 7
99. 7
100. 7
99. 2
100.6
99. 0
100. 6
99.4
10U. 8
96.0
93.7
95.6
92.5
97.7
97 7
98.8
96. 2
95 3
98.7
99 9
91 6
96. 5
92.2
99. 1
95 8
97 6
90.9
98 1
98 5
100 6
94. 9
98 6
104 4
9^ 7
97. 5
98 ' 5
98 6
99. 3
96. 4
99. 5
98 3
97.3
88. 5
101. 1
96 2
98.5
104. 0
1 02. 0
94 1
96. 5
96. 5
103.0
89.5
95. 4
99. 0
103. 7
85 6
95. 4
99. P
105. 1
88.2
94.4
99.8
1(12. 9
80.8
TOO. 7
105. 1
107. 5
101.7
95.4
101.2
107. 6
106. 9
98. 0
99. 1
99.8
107 6
105 0
99.1
95 7
100. 8
107 9
105 7
98. 7
99 0
101.5
107 8
106 1
97.1
101 0
103.3
107 6
106 0
96. 6
106 8
101. 5
107 6
107. 7
90. 4
100 0
101.3
107 7
10S 0
96. 3
100 1
100. 9
107 6
108 1
95. 7
99 4
100.
107
K'7
100.
97
S
4
8
0
9
100. 5
108 6
108. 0
99. 8
95. 6
99.0
108 0
107 1
101.3
91 8
99.3
108. 1
106. 9
102. 9
90.3
101. 7 ' 102.4 i 102.2
107. <3 107 .0 ! 106 ti
106. 8
106.6 ! 107.3
103. 4 ' 104 .01 I Oo.fi
91.9
'94.1 \
96.4
100.8
100.8
100. 7
100.8
100. 6
100. 8
100. 7
100.7
100.7
100. 7
100. 6
100. 6
100.4
100. 5
99.1
98.4
98. 3
87.5
97. 6
96 2
97.0
73.4
103 6
103. 8
Q7 2
96 1
95. 1
73. 5
101 0
103 8
7 0
95 9
95. 0
73 0
98 4
103 8
96 9
9"> Cl
95. 1
75 (}
99 2
103 8
96 8
95 9
94.8
72 8
99 6
103 %
gn o
9'" 7
95. 0
7° 3
98 6
103 1
97 1
96 1
95. 1
76 7
99 0
103 8
()7 Q
95.2
7] 7
100 8
103 8
95. 1
104.3
103. 6
97.5
96. 3
96. 0
76.3
101.9
103.8
102 3
103 8
96 8
95 4
95.2
74 5
109 3
103 7
Fuel and related prod., and power 9
do
Coal
do
Electric power
Jan. 1958= 100_.
Gas fuels
do
Petroleum products, refined
1957-59 =100. -
100. 7
97.7
102. 4
118.7
99.3
100.2
96. 8
102.8
119.2
98.2
99.6
94 6
102. 8
113.8
98.1
100 0
95 3
102. 8
1 19. 7
98.0
99 5
05 6
1 02. 8
117.8
97.2
100 8
96 6
102. 8
120. 1
99.2
100 8
100 7
102. 7
122.3
98. 6
100 4
98 3
102. 5
120. 8
98. 2
10(1 3
98 4
102. 5
127. 8
97.1
100 8
102.7
122.7
98. 9
100 8
°8 3
102. 7
123. 1
98.6
Furniture, other household durables 9
do
Appliances, household
._ do _ _ _
Furniture, household
._
-do
Radio receivers and phonographs
do __
Television receivers
do
99.5
95.2
102.8
91.5
97.2
98.8
94.0
103.8
86.1
94.2
98.9
94.3
103. 9
84.8
94.9
98.8
93.9
104. 1
85.4
94.3
98.7
93.4
104. 0
85. 4
94.3
98. 6
93. 2
103. 9
85,1
94. 3
98 5
93. 0
104. 0
85. 1
94 3
98
93
104.
84
94
98
93
104
84
94
9S.3
92. 3
104.5
84.6
93 6
98.2
92. 3
104. 5
84. 6
93. 6
98 2
92.3
104.6
84.2
q9 7
Hides, skins, and leather products 9
do __
Footwear
do
Hides and skins
. _ do__.
Leather
do
Lumber and wrood products
do
Lumber
do
106.2
107.4
107.9
106.0
95.9
94.7
107.4
108. 7
106.2
108. 5
96. 5
96.5
108. 0
108 7
108. 5
110.0
97.3
97.6
107. 5
108 8
104. 2
108. 4
97.5
98.0
107. 0
108 8
105. 1
106 9
97.4
97 7
107. 5
108 8
110.8
106 6
97.0
97 2
107 4
108 4
108 8
106 5
96.6
% 7
107 3
108 4
107 1
106 8
96. 3
96 3
106 9
108 5
101 6
1061
95. 8
95 8
106 0
108 3
95 2
105 9
95. 9
95 9
105. 1
108 3
85 9
104.7
90. 1
96. 2
Machinery and motive prod. 9
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles
do
do
do
do
do
102.3
107.4
107. 5
100.0
100.7
102. 3
109. 5
107.8
98.4
100.5
102. 2
109. 5
107.7
98.4
100 9
102. 4
109. 5
107.6
98. 1
100 9
102. 3
109. 4
107. 7
98.0
100 9
102. 3
109. 4
107. 7
98. 4
100 9
102. 2
109. 6
108. 0
98 4
100 4
102. 2
110.2
108.2
98 1
100 4
102.3
110.5
108.3
qc i
102.3
110.8
108. 3
98 0
100 4
Metals and metal products 9
Heating, equipment
Iron and steel
Non ferrous metals
do
do
do
do
100.7
94.4
100.7
100.4
100.0
93. 2
99.3
99. 2
99.8
92. 9
98.9
99.3
99.7
92. 9
98.9
99.0
99.8
92. 9
99.1
99. 0
99.7
92. 6
99. 0
98. 9
99. 4
92. 7
0,s 7
97 9
99. 3
92.8
98 4
98 3
99. 3
93. 3
98 7
97.7
99.5
92. 5
98. 8
98.0
\~Qnmet9liie mineral products 9
Cl?v products, structural
Concrete products
Gypsum products
do
do
do
do
101.8
103. 2
102.5
103.8
101.8
103. 5
102.6
105. 0
101.9
103. 6
102. 5
105.0
101.6
103. 6
102.7
105.0
101.6
103. 6
102.6
105. 0
101.5
103. 6
102.6
105. 0
101
10'-$
10°
105
6
4
8
0
101 5
103. 5
102 5
105. 0
Pulp, paper, and allied products
Paper
Rubber and products
Tires and tube''
__
-
do
do
do
do- -
98.8
102. 2
96. 1
92.4
100.0
102.6
93.3
87.1
100. 5
103. 1
93. 0
86.4
100.0
102. 6
92.7
86.4
99. 7
102. 6
92.7
86.4
99. 5
102. 4
92.8
86.4
99.3
102 3
93 1
86 4
99.1
102 2
93 7
88. 0
do
do
do- _ _
do
do
_ do
99.7
101. 0
100. 4
93.4
113.2
97.1
100.6
101. 5
101.7
93.9
125. 9
99.1
100.8
101.5
102. 0
94.6
130.7
99.1
100. 9
101.8
101.9
94. 7
130. 2
99.3
100. 8
101.8
101.7
94.3
132.4
99.3
100. 6
101.6
101.3
94.0
125. 2
99.4
100. 5
101. 7
101.0
93. 6
129.5
99. 6
Tobacco prod, and bottled beverages 9 .—do
Beverages, alcoholic
_do
Cigarettes
do
Miscellaneous
do
Toys, sporting goods
_ do- --
103.2
100.6
101.4
103.9
100.9
104.1
101.0
101.4
107.3
100.8
104.1
101.1
101.4
105.4
100. 7
104.0
100.7
101. 4
107.6
101.0
1 04. 2
101. 1
101.4
107. 2
101.0
104. 2
101.1
101.4
109. 1
101.1
99.7
96.0
99.4
94.9
100.0
95.0
99.6
94.8
99.5
94.8
98.8
94.3
do
__do
do
do_
do
Fprm products 9
-- -do
Fruit-sand vegetables, fresh and dried
do
Grains
__-do
Livestock and live poultry
do
Foods, processed 9 ©
-Cereal and bakery products
Dairv products and ice cream
Fruits and vegetables, canned, frozen
Me?t^ poultry, and
fish
do
do
do
do
do
Commodities other than farm products and foods
1957-59=100..
Chemicals and allied products 9
Chemicals, industrial
Drugs and Pharmaceuticals
Fats and oils, inedible
-.
Fertilizer materials
Prepared paint
do
do ._
do
...do .
do
do
Textile products and apparel 9
\pparel
Cotton products
- -Manmade fiber textile products
Silk products
Wool products _
__ .._
i
()
05 Q
6
1
1
6
?
4
0
2
5
3
on o
OR 1
102.4
127.8
98. 2
96 3 !
95.0
95. 1
10° 3
103 7
100. 3
95. 0
102. 4
124. 1
OS. 2
98. 1
S,,4
95. 0
94.8
100.fi
:
'99.8
96.1
100.7
101.8
100.1
101.2
100.9
94.9
'97.1
101.4
89.3 1
96.8
97 .0
99.5
94.4
' 100.7
100 .0
96 .3
96 2
04 7
95 .0
81.3
10-1 3
103.0
!
r
1
95 .1.1
95.2
i
7b. 6 :
102. 3 ;
103. 0 :
'80.H
:
lon.s
103.0 '
100. 4 | 100.9 ;
94. 2
'94.9 1
I*;9.9
120. 1
99. 1 I
9b. 0
j-. (>
104.4
84.2
(j9 7
r
100 .3
95 .7
102.2 , 102.0
120.8 i 120.4
99 .9 i
98.7
98.1 i
91.9 i
' r 104 .5 !
83.4 :
'92.5 :
98.2
01 .9
104.5
S3.1
91 .9
104 .3
Ids. 4
105. 1
108 3
88.4
103 7
96.5
96. 6
104. 5
108. 2
85.0
.102. 8
97.0
97.6
104. b
lib. 2
87.4
9<. 5
98. 4
' 104.5
108.2
85.8
102.5
'98.3
'99.2
102.2
110.8
108. 5
97. 8
100 4
102. 0
111.0
108. 8
97 1
100 3
J01.9
110.9
108. 8
97.0
99.8
1C2. 0
110.9
109. 2
97.7
r
99. 8
' 102 .0
111.0
'109.6
97.7
r
99.3
99. 4
98. 6
98.0
99.4
92. 6
98.4
98.1
99.4
92. 9
98. 5
98.2
99. 9
93. 0
99.3
101 4
103.7
102 5
105. 0
101. 5
103. 6
102. 2
105. 0
101. 5
103. 6
102 2
105. 0
101.5
103. 8
102. 2
105. 0
101.3
104. 0
1(1.9
105. 0
' 101.2
104.0
101 .9
105 .0
100 .9
103.5
101 .4
105 .0
99. 0
102. 2
94. 4
89. 0
99 0
102. 2
94. 3
89. 0
99. 1
102.2
94. 2
89. 0
99. 0
102. 2
94.1
89. 0
99.0
102.2
94. 1
89.0
99.1
102. 2
93. 2
89.1
'99.4
102.2
93.1
89.1
93 .0
89.1
100. 5
101.7
100. 7
93.6
130. 3
100. 1
100.6
101.7
100.8
93.7
143. 3
100.2
100.4
101.3
100.6
93.7
149. 8
100. 7
100. 3
101.4
100. 5
93.7
151. 1
100.7
100.2
101.4
100. 2
93.8
150. 9
100.8
100. 1
101. 3
100. 1
93. 8
150. 9
100. 8
ICO. 2
101. 6
99. 7
93.8
144.4
100. 6
100.3
' 102 .0
99.7
93.8
' 148.0
100 .6
100 .4
102.2
99.8
93 .6
134 .5
100 .3
104.5
101. 5
101 4
108. 7
101.2
104. 5
101. 5
101.4
109. 8
101.2
104. 3
101. 1
101. 4
110.2
101. 3
104.3
101. 1
101.4
111.6
101.3
104.3
101. 1
101.4
111.5
101.1
104. 3
101.1
101.4
110. 8
100.5
104.4
101.1
101.4
108.0
100. 7
105. 2
101. 0
1(54. 2
107. 6
100. 7
' 105 .8
101 .0
105 .6
108.1
100.7
107 .0
101 .0
105 .6
110.4
100.9
99. 4
94.3
99.3
94.3
99.6
94.5
99.5
94.3
99.8
94.3
100.1
94.2
100.3
94. 2
1CO.O
94.2
99.7
193.8
i 99 .3
6
4
7
0
101
103
109
K)5
:
:
i
i
So . 5
102.2
101.5
101 .8
i
102.3
110.8
109.7
97 8
99 .8
100 .0 '
' 93 .a
99 .0
98.7
100 .0
93 .3
99 .0
99.0
;
;
i
99.1
PURCHASING POWER OF THE DOLLAR}
As measured byWholesale prices
Consumer prices
-
1957-59=100..
do
' Revised.
* Indexes based on 1947-49=100 are as follows: Measured by—wholesale
prices, 83.6 (July); consumer prices, 76.4 (June). cTFor actual wholesale prices of individual
commodities, see respective commodities. }J3ata reflect conversion to the 1957-59=100
reference base period. Monthly and annual data for earlier periods for major components
appear on p. 20 of the Oct. 1962 SURVEY. *New series. The index measures price trends of
commodities which are particularly sensitive to factors affecting spot markets. Monthly
data for earlier periods are available upon request from the U.S. Department of Labor, Bureau
of Labor Statistics, Washington, B.C., 20210.
©Goods to users, including raw foods and fuels.
9 Includes data not shown separately.
©Revisions for Mar .-Dec. 1960 appear on p. 20 of the Oct. 1962 SURVEY.
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1960
and descdptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average.
S-9
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Deo.
Jan.
Feb.
Mar.
Apr.
May
June j July
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total
Private total?
.
mil. $._
4,783
5, 090
5, 826
5, 743
5, 844
5, 791
5, 748
5, 339
4, 888
4, 331
3,990
4, 346
4,790
r 5, 470
' 5, 925
do
3, 364
3,615
4, 112
4,078
4,082
4,038
3, 888
3, 781
3, 535
3,138
2,938
3,132
3, 496
' 3, 972
' 4, 221
4,216
1, 875
1,349
428
2,069
1,521
443
2,492
1,697
686
2, 388
1, 759
516
2, 353
1, 794
445
2,311
1,776
423
2,187
1,702
374
2,137
1, 646
380
1,999
1, 541
351
1,746
1, 309
335
1,579
1, 156
323
1,736
1. 275
364
l', 454
521
' 2, 457 ' 2, 631
' 1, 632 '1,812
'725
'717
2,539
1,905
529
896
230
389
193
123
449
944
234
414
202
119
459
971
235
433
225
137
489
1,025
239
4G9
252
147
491
1, 039
241
471
246
152
511
1, 037
245
465
234
146
515
1,021
245
454
217
132
520
1, 010
244
454
212
113
495
964
243
428
189
95
453
899
241
382
155
92
378
869
235
368
151
93
377
850
227
363
155
102
423
837
225
353
148
112
455
1,420
1,476
1,714
1,665
1,762
1,753
1,860
1, 558
1,353
1, 193
1,052
1,214
1,294
428
114
485
393
426
106
521
422
472
157
618
467
461
94
643
467
464
117
700
481
459
117
708
469
463
129
800
468
418
113
589
438
390
104
496
363
389
101
338
365
352
86
277
337
406
94
337
377
436
90
352
416
Residential (nonfarm) 9
do
"Vow housing units
do
Additions and alterations
_
do
Nonresidential buildings, except farm and
public utilities, total 9
mil $
Industrial
do
Commercial 9
do
Stores, restaurants, and garages*
do
Farm construction
__do
Public utilities
do
Public total
do
Nonresidential buildings
Military facilities
Highways
Other types
~__
do
do
__ do ._
do
New construction (seasonally adjusted at annual
rates) total
mil $
Private total 9
-
Nonresidential buildings
Military facilities
Highways
923
226
402
183
140
'497
991
23H
437
208
147
506
* 1, 498 ' 1, 704
1,695
871
225
372
161
130
489
'509
0)1
C)
'469
'456
107
488
'447
489
Cl1)
()
0)
62, 678
62,084
62,829
62, 358
63, 517
62,610
61,823
62, 866
60, 163
61,018
60, 626 ' 62,451
63,731
63, 985
44, 842
44, 908
45,244
44, 976
43, 843
44,059
44, 134
43, 434
42, 313
42, 483
43, 818 ' 45,170 ' 46,066
46, 481
26, 118
25, 987
25,957
25, 813
25, 013
25,432
25, 654
24, 830
23, 878
23, 978
25, 247 ' 26,689 ' 27,605
27, 624
11,403
2, 950
4, 865
2, 352
1,531
5,539
11,661
2,962
5, 110
2, 588
1, 533
5, 444
11,830
2, 936
5, 273
2,688
1, 533
5, 626
11,723
2, 930
5,214
2, 549
1,575
5, 548
11,419
2,885
5,018
2,316
1, 526
5,575
11, 261
2, 820
4, 967
2,245
1, 436
5, 637
11,205
2,788
4,979
2, 262
1, 332
5, 657
11,348
2,773
5, 086
2, 310
1,330
5,621
11,219
2,716
4, 999
2, 256
1,328
5,588
11, 224
2,722
4.982
2, 266
1, 366
5,619
11,185
2,815
4.846
2,162
1, 464
5,640
do
17, 836
17, 176
17,585
17, 382
1.9, 674
18,551
17, 689
19,432
17, 850
18, 535
16, 808 ' 17,281 ' 17,665
do
do
do
5, 257
1, 549
5,989
5, 043
1,170
5, 876
5, 083
1,244
6, 195
5, 065
1,164
6,140
5, 192
1, 492
7,786
5, 216
1, 003
6, 922
5, 083
1, 324
6.343
5, 096
1,736
7,483
5,096
1,494
6,181
5, 240
1,312
6, 948
5,231
1,204
5,254
' 5, 361
1,277
5, 586
' 5, 666
do
Residential (nonfarm)
do
Non residential buildings, except farm and
publip utilities, total 9
mil, $__
Industrial
do
Commercial 9
do
Stores, restaurants, and garages*
do
Farm construction
do
Public utilities
do
Public, total 9
5, 911
._::::::
r
10. 986
2,837
4,630
1.979
10. 912 11, 335
2,948
2, 833
4, 568
4. 792
1,909
2,129
1 ^7fi
1, 595
1, 551
' 5, 625 ' 5, 632 5, 625
C)1
C)
17, 504
5, 342
C1)
0)
CONSTRUCTION CONTRACTS
Construction contracts In 48 States (F. W. Dodge
Corp.): A
Valuation, total
_
mil $
Index (mo. data seas, adj.)*
1957-59= 100..
Public ownership
mil. $ _
Private ownership
do
By type of building:
Nonresidential
. do
"Residential
do
Public works
_ do
Utilities..
do
3, 095
2
108
1, 046
2,049
3,442
2
120
1,133
2,309
3,900
120
1,331
2, 569
3,747
117
1,231
2,516
3, 631
118
1,039
2,591
3,273
113
1,099
2,174
3, 425
117
1,003
2,422
3,188
123
1,099
2,089
3,198
138
1,190
2,009
2,779
121
932
1,847
2,917
130
1,092
1,825
3,583
118
1,182
2,401
3,983
125
1,168
2,814
4,851
144
1, 567
3,283
4,402
135
1,384
3,019
1,010
1,344
576
165
1,084
1,503
659
196
1.242
1,656
724
277
1,197
1, 623
719
207
1,177
1. 651
626
176
1,019
1,519
624
111
1,075
1,610
574
166
1,066
1,361
661
99
921
1, 166
787
325
1,016
1, 250
433
82
1,005
1,215
571
127
1,146
1,642
629
167
1,210
1,986
635
152
1,452
2,061
952
385
1,458
1, 966
812
167
Heavy construction:
New advance planning (ENR)§
1,816
1,766
1,004
1,392
1,713
1,814
1,481
3,218
1,953
2,675
2,075
3,250
2,037
2,328
2,072
2,416
8,939
476
5, 390
3,073
9,483
477
6,217
2,789
10, 846
111
6,445
3,674
8,861
1,017
4, 443
3,402
10,414
421
6,205
3,788
6,986
123
4,415
2,447
10,718
132
6, 479
4,107
14, 898
246
12,017
2, 635
10, 576
216
8,711
1, 650
11,019
1,023
7,815
2,181
6, 351
122
4,923
1, 306
8,131
1,042
4,872
2,217
10, 216
521
6,415
3,279
12, 343
742
7,657
3,944
9,793
357
5,649
3, 788
13, 661
973
7,592
5,097
113.8
82.4
109.4
123.5
82. 8
121.0
139. 5
96.9
136.2
139.3
96.0
135.8
147.9
101.7
146.1
116.3
76.4
113.6
136. 4
91.0
133. 5
121.9
78.4
120.3
94.5
56. 1
93.5
83.3
47.4
80.6
87.6
52.4
86.5
128.1
80.6
124.4
' 160. 3 ' 168. 7
' 105. 7 r 108.4
* 158. 2
165. 5
153.2
111.4
78.8
107.1
121.5
86.8
119. 1
137.0
96.2
133. 7
137.4
97.7
133.9
144.8
99.3
143.0
113. 7
83.7
111.0
132. 5
92. 9
129. 7
120.8
83.0
119.2
93.5
67.8
92.5
82.2
61.5
79.4
86.1
65.0
85.0
126.3
88.9
122.6
r
157. 5 ' 165. 5
'•111. 2 ' 115. 5
* 155. 4 ' 162. 3
151.3
105.7
149.0
1,425
1,399
1,466
1,447
1,529
1,500
1,289
1,261
1,550
1,504
1,586
1,571
1,472
1,453
1,242
1,220
1,280
1,255
1,534
1,510
' 1, 660 ' 1, 694
' 1, 631 ' 1, 663
1,586
1,568
do
Highway concrete pavement contract awards :d"
Total
thous. sq. yds._
Airports
_.
do
TJoads
do
Streets and alleys.
_ _.
do
HOUSING STARTS
New housing units started :t
Unadjusted:
Total, incl. farm (public and private).- -thous..
One-family structures
..
do
Privately owned
do
Total nonfarm (public and private) _
In metropolitan areas
. __
Privately owned
_
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only) _ _
do
do
do. .
do
..do. _
150.9
CONSTRUCTION COST INDEXES
Department of Commerce composite
American Appraisal Co., The:
Average, 30 cities
Atlanta..
New York
San Francisco
St. Louis...
_
1947-49=100..
145
148
148
148
149
149
148
148
149
149
150
150
151
'151
'151
151
1913=100
do
do
do
do
741
810
814
703
720
756
832
836
720
741
754
825
825
711
742
7fc8
833
845
711
743
760
833
845
718
743
762
835
845
734
743
762
845
846
734
743
768
848
848
740
748
768
848
848
740
754
770
851
849
741
756
771
851
849
744
756
771
852
849
745
756
772
852
849
745
754
775
852
849
746
754
778
852
851
762
754
782
856
851
770
754
Associated General Contractors (building only)Q
1957-59=100..
109
111
111
112
111
r
Revised.
1
Not
yet
available;
estimate
inch
ided
in
1
otal.
2
Computed from cumulative valuation total.
9 Includes data not shown separately.
*For data prior to Aug. 1960 for stores, restaur ants, etc , see Bureau of C ensus rep orts;
data prior to Mar. 1961 for F. W. Dodge index will b e shown later.
AMonthly averages are based on annual totals includin g revisic ns not d istribute d by
months.
112
112
112
112
112
113
113
113
114
114
115
§1)ata for Aug. aiid Nov. 1962 arid Jan. and JVJ ay 1963 are for 5 week 3; other
month s, 4 wee1*:s. Com parable iata prio r to 1961 not avai lable.
<? Data for July and Oct. 196iJ, and Jaii., Apr., and July 1963 are for 5 weel:s; other nonths,
4 week s.
if or re vised data for Jan .-Sept. 1961, se(3 Censu 3 report (C20-41).
0 Note shif t in refer ence bas 3; data p rior to S«,pt. 1961 on 1957-,59 base ai e availal)le upon
reques t.
SUKVEY OF CURRENT BUSINESS
S-10
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1962
Monthly
average
August 1003
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Fob.
Mar.
Apr.
May
June
110.3
111.4
110.3
108. 5
July
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates:^ *
Average, 20 cities:
All types combined
1957-59=100-.
Apartments, hotels, office buildings
do
Commercial and factory buildings
do
Residences
-- --do
105.6
106.3
105. 6
104.5
107.8
108.8
107.8
106.3
107.9
108.9
107.9
106.4
108. 5
109. 4
108. 5
106.9
108.7
109.7
108. 6
107.2
108.8
109. 8
108.7
107.3
108.7
109.7
108.7
107.2
108. 5
109.6
108. 5
106.9
108.6
109.7
108.6
106.9
108.8
109.9
108.8
107.1
108.9
110. 0
108.9
107.1
108.9
110.0
108. 9
107.2
109. 1
110.2
109.1
107.4
109.7
110.9
109. 7
108.0
110.1
114.7
110.0
114.9
110.6
115.4
111.1
116.0
111.1
115.9
111.0
115. 8
110. 8
115.8
110.8
115.8
110.9
116.1
111.0
116.2
111.2
116.4
111.2
116.4
'117.7
2 98. 6
97.0
129.3
133.9
145.0
135.9
132. 1
137.1
155.2
141.3
139.5
133.7
150.3
132. 7
129. 3
135.3
109. 4
127.9
116.5
124. 7
111.4
125. 9
133.1
137. 9
r
147.7
145. 1
159.9
149.0
130. 2
127.4
161.6
131.6
132. 8
167.6
146.3
135. 0
193. 2
128. 5
121. 9
199.7
152. 1
147. 9
216. 1
133.6
134.5
201.4
202.9
141.4
149. 1
119.7
132.8
175.5
99.9
115.4
137.2
98.3
128.5
109.4
99.2
123.9
88.2
129.1
139. 8
128.2
158.5
* 143. 2
175.4
206.4
20.3
18.4
14.8
14.3
20.4
216
14.7
147
19.8
221
17.1
184
19.3
195
15. 5
148
15.4
191
12.1
158
17.7
207
14.1
176
13.1
207
10.6
168
11.7
199
8.9
172
13.2
203
10.6
161
14.6
197
10.7
150
18.8
197
13.3
152
24.9
251
12.2
119
16.1
160
15.7
152
17.5
195
11.8
123
403. 77
206. 90
432. 60
219. 34
464. 73
247. 35
430. 95
231. 21
546.38
284. 92
492. 28
253. 52
428. 99
236. 34
503. 65
254. 04
399. 82
202. 02
416. 19
219. 06
392.31
415.17
419. 35
2, 767
2, 860
2,948
3,046
3,091
3,068
3,479
2, 802
2,611
2. 514
2, 635
Engineering News-Record: O
Building,.
1957-59 = 100-. 107.8
111.5
Censtruction
--do
Bu of Public Roads— Highway construction :t
294.9
Composite (avg. for qtr.)
1957-59=100..
98.4
101.2
111.0
'112.0 i1 113.1
'118.3
119. 6
99.6
99.6
CONSTRUCTION MATERIALS
Output index:
Composite, unadjusted 9 1
Seasonally adiusted ? t
1947-49=100..
do
Iron ind cteel products un ad justed t
TJ umber and wood products unadj.t
Portland cement unadjusted
.
do
do
do
179 2
152. 2
REAL ESTATE
Mortgage applications for new home construction:*
Applications for FIT A commitments
thous. units..
Seasonally adiusted annual rate
do
Request^ for VA appraisals
_
__do
Seasonally adjusted annual rate
. . . - do
Home mortgages insured or guaranteed byFed Hous Adm • Face amount
mil. $ .. 397. 10 439. 24
152. 63 221. 01
Vet Adm * Face amount
do
Federal Home Loan Banks, outstanding advances
s 2, 662 3 3, 479
New mortgage loans of all savings and loan associations, estimated total
mil. $-By purpose of loan :
Home construction
do
c
Home nurchase
^°
All other purposes
--do
T
1 , 447
1,730
1,936
1,839
2, 036
1,731
1,953
1, 750
1,755
1, 573
1.503
1.834
423
601
423
498
710
521
572
S23
541
515
796
528
540
920
576
495
746
490
543
823
587
505
708
537
534
643
578
434
616
523
429
576
498
573
666
595
622
760
"676
2, 596
6. 090
2, 849
7. 204
3,075
3.134
7, 206
3. 333
2, 861
3,208
2,883
7. 396
7. 553
2, 682
7. 221
2. 6f;8
8. 027
2, 424
7. 300
2, 751
8,178
mil. $._ 100. 75
105. 42
95. 99
94. 79
94. 58
85. 25
99. 99
105.69
104. 29
142. 00
120. 53
New n on farm mortgages recorded ($20,000 and
under) estimated total
- - - ...mil. $..
Fire losses (on bldgs., contents, etc.)
244. 64
7,568
7,034
7,271
2, 058
17.1
182
11.9
1 oo
259. 56
7
2, 740
3. 270
2, 199
2. 243
'r 651
854
694
634
937
072
3, 065
3, 233
3. 177
137. 38
141.22
121.20
106.68
r
3, 548
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adj.:§
Combined index
1957-59 = 100. Bu^iness papers
do
Magazines
do._-Newspapers.
_
Outdoor
Radio (network). __.
Television (network)
Television advertising:
Net work :cf
Gross time costs, total_ . _ _
Automotive, inci. accessories
Drugs and toiletries ._ - _
Foods, soft drinks, confectionery
Soaps, cleansers, etc
.__.
Smoking materials
_
All other
Spot (national and regional):
Gross time costs, total
Automotive, incl. accessories
Prugs and toiletries
Foods, soft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
All other
Mftgazine advertising:
Cost, total
A pparel and accessories
Automotive, incl. accessories
Buildin g materials
Drugs and toiletries
Foods, soft drinks, confectionery
ion
111
ins
110
109
10')
117
100
93
78
111
102
88
96
118
83
119
2 178.0
212.0
2 52. 0
2 36. 7
2 199. 7
193. 2
12.2
58. 1
39.1
192. 4
9.6
62. 6
37.4
218. 7
17.7
71.9
38.5
204.0
2 63. 3
2
39,5
2
19.2
221.2
2 20. 9
2 22. 2
2
40! 8
20. 9
21.7
41.2
24.4
21.6
36. 8
18.9
23. 5
21.3
23.3
do._-. 2 1 5 4 . 4 2 180. 3
2
do.... 2 4. 3
5. 9
do._-. 2 30. 2 2 36. 1
do.... 2 52. 5 2 60, 4
189.4
7.4
31.8
62.8
151. 9
5. 4
30. 2
48.3
197.8
6.6
219.8
7^5
48.7
76 .9
20.4
5.0
42 6
j 9. 0
/. 3
56 3
do_.-.
do._-.
do..-_
do__-.
mil. $..
do..-... do
do_ . - do__-_
do .do
do__.do_.-do..-do
do
do
do
do_.-..
do. . . _
Beer, wine, liquors
__
do
Household equip., supplies, furnishings. -do_...
Industrial materials
do
Soaps, cleansers, etc
do
Smoking materials
do
All other
do
104
113
237.0
2 13. 1
111)
112
115
112
104
117
113
107
121
110
111
115
113
105
125
110
112
123
115
111
127
112
114
117
114
115
122
117
113
125
92
07
119
103
96
67
126
102
95
79
122
102
96
79
114
111
82
75
114
99
77
o7
112
101
97
97
103
64
125
66
125
76
125
87
128
------
2 18.0
2 7.4
241.9
27.4
249,4
23.5
9.0
54.9
69. 7
4.5
7.0
2. 5
6. 6
10. 2
73.0
4.6
7.9
2.3
7.1
10.6
72.9
2.9
7. 6
2,6
8.1
10. 3
51.7
.9
4.4
1.7
6.4
8.8
50. 2
5.2
3. 6
1.4
5. 0
7. 1
75. 0
8.4
f>. 6
4.3
4.8
3.8
4. 5
4.9
3.7
.8
2.8
23.8
5.1
5.0
4. 1
.6
3.5
23. 2
3.6
3.4
3.2
.6
2. 7
16. 0
2.8
2.4
3.3
3.9
5. ()
4.9
1.0
2. 5
24. 7
2 4
22! 9
221.1
•2 I
16.3
0. 9
9.4
_
. _
14.9
70.4
39.0
65.' 9
23 3
8.8
z>±
_ __
__
7
91.S
6.8
12.8
2.4
8. 6
13. 1 |
96.3
5.4
11.3
1.9
9.9
14.1
71.9
3.2
6.1
1.0
8.0
10.4
50.7
1.5
5.8
1.2
4.7
8. 8
00. 6
3.0
9. 0
1.5
5.9
10.3
85.1
5.3
10.9
3.1
8.6
11.4
90.6
6.9
10.4
3.7
8.4
10.7
89.7
0.1
10 .3
3.2
7.9
10 A
5.1
7. 6
4.4
1.0
2. 8
27. 2
6.2
7. 0
4.6
1.4
2.8
31.7
8.6
4. 2
3.5
1.6
5.1
2!l
10.5
4.3
7.5
4.4
1.5
5 2
8 .7
3^7
22.6
3.2
3.5
2.4
.7
2.5
24.6
4,4
5,0
21
i\5
so!i
3.1
28.7
4.0
1.0
3. 4
24. 0
LO
2. 7
29.2
9 Includes data for items not shown separatelv.
J Revisions available upon request are as follows: 1955-61 for composite
June 1900 for iron and steel; jy,19-0ct. 1961 for lumber and wood products!
§ Revised to reflect 195<-59 reference base, data for Jan.-Alar. 1MJ2 and
will be shown later.
cf1 Revised beginning 1901 to provide for horizontal contiguity rate struct
single advertiser might obtain a lower basic rate through the purchase of tii
board; not directly comparable with earlier data.
74.8
7.3
2.6
8. 7
10.2
erein a
ss-the-
SURVEY OF CURRENT BUSINESS
August 1963
1962
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
S-ll
1962
Monthly
average
June
July
Aug.
Sept.
1963
Oct.
Nov.
June
Dec.
Jan.
Feb.
235.2
190.3
53 2
137 1
10. 3
238.7
63 4
175.3
11.9
241.1
63.7
177.4
15.3
268. 7
69 7
199.0
16.3
243 1
67 5
175 6
14.1
19 5
103 2
25 4
133 3
25.6
131 6
29 3
149 1
25 5
131 0
17,087
19,653
20. 518
6 383
3 926
6.982
4,262
3,732
194
Mar.
Apr.
May
July
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :
Total _ -..mil. lines. _
Classified
.
do
Display, total _ _ _
_ ___ _.
do ._
Automotive
do
Financial
do
General
- -do
Retail
do
231.4
58.1
173.3
12.3
233.2
227.6
207.0
229.8
239.5
60.5
172.7
12.4
25.1
130.3
61 7
145.3
12.6
5. 4
19 0
108 3
64.6
165. 1
11.3
26.9
129 1
62.3
165.3
14.2
4.4
26.1
120 6
20.0
130 4
63 2
176.3
11.2
4. 1
26. 1
134 9
18, 234
19, 613
20, 254
19, 138
19, 920
18, 863
Durable goods stores 9 ©_
do
Automotive group©
,.
do
Motor veh., other automotive dealers. do
Tire, battery, accessory dealers©
do _..
5,608
3 076
2.870
206
6,245
3,566
3,344
6,786
3.944
3.697
6,330
222
247
233
6, 321
3,421
3,194
227
5, 604
2 808
2, 599
209
Furniture and appliance group
do
Furniture, homefurnishings stores
do_ __
Household appliance, TV, radio
_do___
Lumber, building, hardware group
do
Lumber, bldg. materials dealersd* -- do__.
Hardware stores
do
865
547
318
913
700
213
901
583
318
947
728
219
894
580
314
1 , 068
829
239
873
573
300
1,070
850
220
948
625
323
1,096
874
222
12, 626
Nondurable goods stores 9 - - -- - - do._
1,144
\pparel group
do
222
Men's and boys' wear stores
do
439
Women's apparel, accessory stores
do _ _
282
Family and other apparel stores
do
201
Shoe stores
do _.
13, 367
1,195
228
456
297
213
13,468
12, 808
971
185
368
236
182
645
1,367
4,733
1, 498
1, 554
667
1,537
5, 033
4, 563
1,623
646
1, 566
4,618
669
1,442
4,801
2,076
2,267
1,213
161
340
409
1, 315
169
371
450
261.4
59 2
195.3
16.2
5. 1
31 3
142 6
202.2
50 3
184.9
12.3
4. 3
30.0
155 6
4. 5
21 2
151 5
197.7
55 1
142.6
9.6
6. 6
17 8
108 6
20, 576
20, 911
24, 127
18, 261
6 988
4 082
6,742
3.869
3,850
232
916
598
318
999
782
217
13, 599
1,096
192
414
275
215
257.8
62 5
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), totalf©
mil. $
5, 695
3 487
5,432
3, 641
228
6, 766
3 434
3.139
295
3.309
178
3 309
3,148
161
962
627
335
1,068
846
222
1,020
658
362
976
760
216
1,216
745
471
921
609
312
830
517
313
695
520
175
781
502
279
649
493
156
13, 259
1 193
206
455
296
236
13, 588
1 214
226
468
308
212
14, 169
1,320
258
513
340
209
17, 361
2,127
467
801
554
305
12, 566
986
204
377
236
169
11,655
632
1,513
4. 823
4 369
1,564
647
1,485
4 803
4 350
1 604
660
1, 445
4,917
4, 456
1, 561
880
1, 479
4 267
1,647
658
1 , 630
4, 997
4,521
1, 662
4 732
1, 629
649
1,334
4, 738
4 303
1, 540
1
4
4
1
2, 141
1,262
137
352
435
1,926
1,106
131
323
437
2,241
1, 266
180
367
461
2, 232
1 303
165
352
436
2 372
1 377
183
360
447
2,711
1,575
245
400
488
4,119
2 422
267
751
700
do
19, 163
19, 761
19, 645
19, 693
19, 821
20, 230
Durable goods stores 9 ©
do
Automotive croup©
do
Motor veh., other automotive dealers. do
Tire battery accessory dealers©
do
6, 029
3. 436
3, 220
216
6 378
3, 658
3. 446
212
6, 128
3, 423
3/218
205
6 125
3' 372
3.149
223
6 481
3 832
3,610
222
6, 523
861
565
296
923
713
210
908
604
304
978
763
215
909
595
314
951
736
215
951
625
- 13, 134
1,114
208
431
977
198
13, 383
1,200
229
462
301
208
13, 517
1,224
237
463
301
223
13, 568
1.203
680
1 , 464
4, 722
674
1,404
673
1,461
4, 856
4, 391
1, 546
651
Drug and proprietary stores
Kating and drinking places
Food group
Grocery stores
Gasoline service stations
do
do
do
do
do
4, i r>9
General merchandise group 9
do
Department stores
do
Mail order houses (dept. store incise.) .do ..
Variety stores
do
Liquor stores
_ _ _ _ _ do
Estimated sales (seas, adj.), totalf©
Furniture and appliance group
Furniture homefurnishings stores
Household nppH'ince TV radio
Lumber building hardware group
Lumber bldg materials dealers cf
Hardware stores
do
do
do
do
do
do
Nondurable goods stores 9
Apparel group
M'en's find boys' wear stores
'Women's apparel accessory stores
Family and other apparel stores
Shoe store*3
do
do
do
do
do
do
Drug and proprietary stores
Eating find drinking places
Food group
Grocery stores
Gasoline ^ervice stations
do
do
do
do
do
General merchandise group 9
Department stores
M^ail order houses (dept store mdse)
Variety stores
Liquor stores
do
do
do
do
do
Estimated inventories, end of year or month: I
Book value (unadjusted), total
bil $
Durable goods stores 9
do
Automotive group _ _ _
do
Furniture and appliance group
do
Lumber, building, hardware group do
Nondurable Broods stores 9
Apparel croup
Food PTOUP
General merchandise group..
- _
Book value (seas, adj.), total
Durable coods stores 9
Automotive croup
Furniture and anpliance croup _
Lumber, buildinc, hardware group
.
4,344
__
-
_-
1,121
233
407
269
212
4,269
25.78
3 567
3,334
4,835
4.368
3 ¥) 0
933
710
223
236
467
292
208
1 454
4,915
4. 453
1 503
1,553
1, 525
2, 193
1,294
160
357
433
2,283
1,340
167
374
448
2, 294
1,303
181
381
471
2, 33'2
1 , 302
182
368
436
21, 228
r
r
r
20 755
' 7 040
r 4 115
4, 033
229
7, 239
4 301
r
4, 060
'241
838
543
295
795
604
191
854
574
280
977
748
229
'934
'612
322
1, 068
'828
T 240
'943
607
336
1,050
819
231
826
160
326
193
147
13 270
1 081
186
428
262
205
13, 536
1,268
224
482
303
259
641
254
467
048
395
667
1,421
4 976
4 531
1 543
652
1, 463
4, 677
4, 223
1,574
1,756
1 005
139
259
409
1 697
'<)0 9
130
274
380
2 075
1 199
159
320
427
2 299
1,315
169
3H4
429
20, 203
20. 247
20, 350
20, 365
3, 583
997
6 453
3, 662
3,418
244
6 477
3, 726
3, 502
224
6 583
3 792
299
6 695
3 778
3, 549
9
29
6, 600
3, 900
3, 075
225
891
574
317
927
718
209
924
585
339
901
744
217
949
603
346
955
708
247
941
600
341
941
714
227
951
611
340
9'>0
710
9
16
955
614
341
955
730
995
919
601
318
948
735
213
13, 340
1 , 1 60
225
442
282
211
13, 707
1,231
231
483
300
217
13, 750
1,219
231
467
299
292
13, 770
1,220
230
461
314
215
13, 767
1 214
230
401
301
216
13, 740
1 212
232
466
648
1 443
686
1, 465
4. 928
663
1, 463
4, 390
1 566
G90
1, 486
4,813
4, 300
1,566
2, 229
1. 254
163
371
456
3,700
4,846
5,237
4.474
4,943
3,570
1
4
4
1
688
502
897
439
608
994
•>20
679
1 513
4 807
4. 359
1 607
1 605
4, 485
1 639
2, 393
1, 355
177
392
473
2,340
2,320
1 , 389
167
356
448
1.336
177
373
460
2 319
1 334
172
378
459
2 421
1 417
183
377
459
r
r
13, 989
1 163
r
218
460
r
f 11*
'210
r
r
r
2 278
r I 317
1 60
r
361
r
458
1
20 682
i 7 030
i 4 045
3,858
257
1
r
!3 715
r
1 131
240
424
204
203
r
r
676
605
1 , 562 r 1 599
r
5 066
4 943
4 578 r 4 4(53
1 690 T 1 658
r
r
2 301
1 3r4
150
300
4",0
978
13 652
1 015
1
1
1,
i 4
i 4
1 i
662
057
980
508
704
i 9 179
20, 320 * 20, 249 "20,481 i 20,720
r (5 5(55
r fl f,14
r 3 773
r
3,r 552
3*808
r 935
r
599
051
019
332
951
739
212
I'll
r
330
952
r 744
208
13, 060 ' 13, 084 '•13,867
1,170 r 1,168
1 170
r
233
227
226
443
404
451
r 9gg
288
°82
r
206
202
198
r
1
4
4
r I
675
1. 522
r
4,846
r
4, 380
1 607
579
^13
857
380
590
1
4
4
1
r
2 338
' 1 354
171
r 333
r
481
2 444
1 443
187
377
403
r
1. 90
2.44
27 68
12 01
5. 20
1 90
2.39
r
15. 97
3 43
3 48
4.04
15. 08
3 28
3 58
4.45
27. 59
1 1 57
4 . 88
1 89
2. 30
27.73
10. 02
3 47
3. 45
4.08
10. 00
3 4.ri
3 58
4. 04
27.02
26. 91
11.76
4.88
1.91
2.46
26. 66
11.17
4.21
1.92
2. 44
27. 02
10. 96
3 97
1.97
2. 42
28.04
11.77
4.87
1.92
2.48
11.44
4. 33
2.01
2.40
28. 57
11.73
4.52
2.05
2.37
26. 56
11. 46
4.81
1.91
2.30
26.51
11.56
5.03
1.87
2.30
27. 29
11.96
5.37
1.87
2.35
28 18
12 19
5.42
1 . 91
2.43
28. 26
12. 19
5.42
1 92
2.45
do
do
do
do
14. 75
3.22
3.31
4. 04
15. 10
3.23
3.34
4.20
15.25
3. 26
3.34
4.34
15. 15
3.19
3.28
4.38
15.48
3.40
3.28
4.53
JG.OO
3. 58
3. 38
4. 76
16.60
3.70
3.43
5.09
16. 84
3.70
3.46
5. 15
15.10
3.23
3.34
4.20
14.94
3.09
3.29
4.17
15. 33
3.25
3.35
4.41
15. 98
3 48
3.42
4.63
16. 07
3.46
3.47
4.68
do
do
-do
do
do
26. 86
11.52
4. 69
1.92
2.33
27. 43
11. 73
4.88
1.96
2.38
27. 08
11.45
4. 55
1 92
2.43
27.18
11.59
4.67
1.94
2.44
27. 05
11.51
4. 58
1.92
2. 45
27. 24
1 1 . (if)
4.72
1 . 94
2.44
27. 40
11.76
4.81
1.94
2. 44
27.49
27.43
11.73
4, 8S
1. 90
2. 38
27. 54
11.72
4. 95
1.95
2.36
27. 59
11.78
5.02
1. 93
2.36
27. 67
11 78
5. 00
1.9°
2.38
27.64
11.83
4. 88
1. 94
2. 43
11. 70
4. 99
1 . 90
2.30
r
15.06
3. 38
3. 30
4.51
15. 70
3.42
3.34
4.58
15.82
3.37
3. 38
4.63
1 5. 81
3. 38
3.38
4.00
15.88
3 44
3.38
4. 04
15.94
3 44
3. 44
4. 65
T
r
28 06
12 09
r
r
r
!
14,039
677
510
937
400
581
2, 328
1.332
175
393
469
26. 56
11. 46
4. 81
1.91
2.30
: () (jgi
3! 574
234
r
11. 03
4.38
1. 83
2.25
15. 54
15.34
1 5. 64
15.62
15.59
1 5. 58
15. 70
Nondurable goods stores 9
do
3.41
3.42
3.41
3. 39
3. 84
3. 43
3. 38
Apnarel croup
do
3.31
3.34
3. 33
8.34
3. 40
3. 30
3.38
Food group
,
do__ ,
4.44
4. 51 !
4.54
4. 50
4. 52
4.54
4.58
General merchandise croup
do
r
Revised.
' Advance estimate.
f D a t a for retail sales (1946-50) and for wholesale
sales and inventories (1946-47) have been revised for comparability with later data; new
figures are available upon request.
9 [unhides data not shown separately.
©Revised
appear on p. 24
beginning Feb. 1961; revisions for Feb.-Apr. 1961 are available upon request, cf Comprises
r
11 07
4 94
1 92
2. 34
of the Dec. 1901 SURVEY; those for the earlier ueriod are available unoi
SURVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1963
1962
1962
Monthly
average
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dee.
Jan.
Feb.
Apr.
Mar.
Juno
May
July
DOMESTIC TRADE—Continued
6,044
7, 767
4, 901
4, 592
o, 469
5, 574
' 5, 776
5.685
4, » 592
5,056
6, 526
4, 075
3, 826
4, 571
4. 651
' 4, 850
4. 767
314
30
124
93
132
103
46
346
35
143
93
137
99
48
546
58
228
142
213
101
49
232
24
93
70
129
91
30
202
18
82
64
128
89
32
283
25
116
87
135
102
39
353
29
141
113
134
102
38
315
29
135
90
138
107
43
307
30
130
87
141
108
41
1,436
884
271
1,893
67
86
1,519
939
279
1,890
73
92
1,734
1,082
307
2, 000
66
92
2, 664
1,617
578
2,103
126
1.120
689
191
1.897
45
69
1.035
618
204
1, 790
42
62
1,329
829
241
2,067
52
77
1,504
921
294
1,862
63
92
' 1, 491
'927
276
2, 063
72
97
1. 536
977
276
1.950
73
103
4,670
4,691
4, 610
4,743
4,741
4, 731
4,732
4,799
4, 723
T
4, 740
4.837
330
32
127
98
135
99
40
313
30
129
93
135
99
41
305
29
121
95
136
100
41
320
29
130
97
142
102
42
309
28
125
93
142
101
43
315
27
130
95
138
98
38
319
31
131
97
146
101
38
318
31
132
97
139
104
40
305
27
124
94
139
105
39
314
30
129
91
141
105
41
312
°9
134
86
144
104
42
1,472
896
287
1, 913
64
89
1,487
886
302
1,921
62
86
1,496
916
284
1,936
61
93
1,428
863
288
1,940
61
90
1, 523
92Q
302
1,937
65
94
1, 503
962
269
1, 965
64
98
1, 505
923
280
1, 965
61
88
1,510
922
284
1,951
61
86
1, 600
995
287
1.927
63
91
1.519
920
298
1, 944
64
90
1, 521
'930
292
1,955
64
87
1. 603
996
288
1. 965
65
93
13, 010
6,088
6,922
7,008
6,002
12, 948
6, 153
6,795
6, 898
6, 050
13,9045
6, 13
6, 832
6, 973
6, 072
13, 156
6,148
7,008
6.977
6.179
13.390
6. 245
7,145
7,153
6, 237
13, 557
6, 203
7, 354
7, 223
6, 334
14, 299
6,241
8, 058
7,441
6, 858
13, 474
5.89?.
7,582
6,842
6. 632
12, 700
5,685
7.015
6,586
6.114
12, 912
5. 799
7,113
6,658
6.254
48
17
48
17
47
16
47
17
46
17
49
17
49
17
48
17
49
17
48
16
48
17
47
16
49
16
48
16
43
42
16
43
40
17
43
40
17
44
39
17
44
39
17
42
41
17
41
42
17
42
41
17
45
39
16
43
38
19
42
40
18
42
41
17
43
40
17
43
39
18
43
39
18
109
114
105
111
96
114
104
115
117
117
113
110
141
118
212
117
85
114
85
114
101
119
112
115
112
117
110
117
112
118
112
119
117
118
125
118
135
120
135
118
110
117
107
120
112
119
120
120
123
120
122
'121
12.56
4.28
8.27
13.06
4.52
8.54
13.12
4.69
8.43
12. 71
4.47
8.24
13.71
4.78
8.93
12.86
4. 50
8. 36
14.33
4.97
9.36
13.89
4.62
9.27
13.13
4.26
8.87
12. 36
4.25
8.11
12. 15
4.07
8.08
13.19
4.51
8.68
13.54
4.81
8.74
' 13. 91 13. 08
4.75
'4.91
8.33
'9.00
U3.49 i 13.81
6.83
6.68
6.98
6.81
13.71
7.08
6.63
13.70
7.06
6.64
13.76
7.01
6.75
13.85
7. 00
6. 85
14.13
6.97
7.16
14. 15
6.95
7.20
13.81
6.83
6. 98
13. 88
6.84
7.04
13.83
6.92
6.91
13.98
7.09
6.89
13.97
7.08
6.89
' T14. 04 14.12
7. 23
7.29
6.83
'6.81
mil $
o, 127
5, 472
5, 499
5, 041
5, 526
5,413
do
4, 378
4,631
4,698
4. 269
4, 670
4,559
do
do
do
do
do
do
do
297
30
120
80
127
95
38
311
29
124
94
137
100
40
299
30
116
95
134
106
38
250
100
79
129
105
36
291
23
115
96
131
106
41
318
25
125
105
129
101
39
General merchandise group ^
do
Dept stores excl mail order sales
do
Variety stores
do
Orooery stores
do
Lumber yards, bldg. materials dealers d"- -do
Tire battery accessory dealers^
do
1.354
823
1.464
896
284
1,990
62
90
1,402
875
271
2,041
71
101
1, 262
770
248
1, 818
72
96
1, 459
870
285
1, 960
76
91
do
4, 523
4, 635
do
do
do
do
do
do
do
291
28
117
86
136
102
37
314
30
125
92
134
99
40
do
do
do
do
do
1,420
870
275
1,899
61
87
i 13,053 ' 14,299
6,241
5, 903
8, 058
7,150
7,441
7, 101
6, 858
5 892
47
15
Apparel group 9
Men's and bovs' wear stores
Women's apparel, accessory stores
Shoe stores
T>ru°r0 and proprietary stores
Eatm " and drinking places
Furniture hoinefurnishings stores
Estimated sales (seas adj ) total 9 f
Apparel group 9
AT en's and boys' wear stores
"Women's apparel accessory stores
Shoe stores
Drug and proprietary stores
Fatinf and drinking places
Furniture hoinefurnishings stores
General merchandise group 9
Dept stores excl mail order sales
Variety stores
Grocery stores
Lumber yards bldg materials dealerscf
All retail stores, accounts receivable, end of mo.:*
Total
niil $
Durable "'oods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
do
Sales by type of payment:
Cash ^ales
percent of total sales
Charge account sales
do
Installment sales
do
Sales, total United States:!
Unadjusted
1
1
RETAIL TRADE— Continued
Firms with 4 or more stores:
Estimited sales (unadjusted) totalf
Firms with 11 or more stores :
Estimated sales (unadj.), total 91
. . 1957-59=100
Stocks, total U.S., end of month:!
Unadjusted
Sea°onally adjusted
do
do
1,843
63
83
T
r
...
":_:
13,352 'r 13,634 13, 747
6. 252
5, 965 r 6, 160
7, 495
7, 474
7,387
7.174
7, 032 r 7 202
6, 320 ' 6, 432 6,573
' p 113
^120
p 101
p 120
Pll7
P122
WHOLESALE TRADE f
Sales estimated (unadj.), total
Durable goods establishments-.
Nondurable goods establishments
bil. $
do
do
Inventories estimated (unadj ) total
Durable goods establishments
Nondurable goods establishments
do
do
do
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas§
|
2183.74 2186.59
186. 37
186. 59
186. 85
130. 08
129. 93
130. 18
130. 36
130. 55
130. 73
130. 91
131. 10
131. 25
74, 681
71,854
67, 846
5,190
62, 657
76, 857
74, 001
69, 539
6,290
63, 249
76, 437
73, 582
69, 564
6,064
63, 50 0
76, 554
73, 695
69, 762
5,770
63, 993
74,914
72, 179
68, 668
5,564
63, 103
74, 923
72, 187
68, 893
5, 475
63, 418
74, 532
71,782
67, 981
4,883
63, 098
74, 142
71,378
67, 561
4,066
63, 495
73, 323
70, 607
65, 935
4,206
61, 730
4,007
1,119
5.6
55, 400
4,463
1,033
6.0
53, 072
4,018
921
5.5
53, 746
3,932
934
5.3
53, 805
3,512
906
4.9
55, 631
3, 294
865
4.6
55, 808
3,801
866
5.3
56, 378
3,817
979
5.3
56, 954
4,672
1,153
6.6
57, 930
71, 673 71, 730 72. 197
Civilian labor force, seas, adj.*
____ do
67, 731 67, 833 68, 104
Employed, total
do
5, 190
5, 1 18 5,087
Agricultural employment _ _ _ _ _ _ d o
62, 541 62, 715 63,017
Non agricultural employment
do
4, 093
3,942
3,897
Unemployed, total
do
5.7
5.4
5.5
Percent of civilian labor force1
2
'He-vised.
p Preliminary.
End of year.
As of July 1.
1 Revised beginning Feb. 1961; revisions for Feb.-Apr. 1961 will be shown later.
9 Includes data not shown separately.
cfComprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee corresponding note on p. S-ll.
§Revisions (1950-61) are available.
72, 254
68. 188
5, 114
63. 074
4, 066
5.6
71,915
68. 076
5, 040
63, 036
3.839
5.3
71.827
67,691
4.983
62, 708
4,136
5.8
72, 084
68, 091
4,843
63, 248
3,993
5.5
72, 348
68, 171
5,183
62, 988
4, 177
5.8
mil_
EMPLOYMENT ©
Noninstitutional population, est. number 14 years
of age and over, total, unadj
__mil__ 127. 85
74,175
71, 603
66,796
5, 463
61,333
Unemployed, total
do
4,806
1,532
Long-term (15 weeks and over) _ _do
6.7
Percent of civilian labor force
_ _
53, 677
Not in labor force
- _
thous
Total labor force, incl. armed forces
Civilian labor force, total
Employed, total
Agricultural employment
Nonagricultural employment
_thous__
__.do
do
do
do
187. 1 1 187. 38
187. 63
187. 84
188. 06
188. 26
188. 45
188. 64
188 .84
189 .06
189. 28
131.41
131.59
131. 74
131 .86
132. 04
132. 20
73. 999
71,275
66, 358
4,049
62, 309
74, 382
71, 650
67, 148
4,337
62,812
74, 897
72,161
68, 097
4,673
63. 424
75, 864
73, 127
69,061
5,178
63, 883
77, 981
75, 165
70, 319
5 954
64, 365
77, 917
75, 173
70, 851
5^969
64, 882
4,918
1,303
6.9
57, 414
4,501
1,386
6.3
57, 208
4,063
1,424
5.6
56, 843
4 066
1,292
5.6
56, 001
4,846
1 016
6.4
54, 135
4,322
'933
5.7
54, 279
72, 501
68, 086
4, 841
63, 245
4,415
6.1
V2, 698
68, 636
5 008
63, 628
4,062
5.6
73, 002
68. 874
5. 023
63, 851
4,128
5.7
72, 989
68, 676
5, 033
63, 643
4,313
5.9
72, 720 73, 269
68, 602 69, 161
4' 909
5' 024
63, 693 64^ 137
4, 118
4, 108
5.7
*5.6
*N"ewseries. Backdataforaccountsreceivableareavailablefrom Bureau of the Census.
Monthly labor force data (1949-62) appearin" Employment and Earnings," BLS (Mar. 1963).
JRevised series. Figures for 1919-62 for department store sales and stocks, total U.S.
(seasonally adjusted) appear on p. 20 of the May 1963 SURVEY.
©Beginning April 1962,
not strictly comparable with earlier data; see July 1962 SURVEY.
SURVEY OF CURRENT BUSINESS
Aujrust 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
| 1962 P
Monthly
average
S-13
1962
June
July
Aug.
Sept.
1963
Oct.
i
1 Nov.
Dee.
Jan.
Feb.
Mar.
Apr.
May
June
July v
50 580
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employers on payrolls (n onagri cultural estab.):f
Totai unadjustedf
thous
54, 077
55, 325
55, 777
55 493
55, 709
56,252
56 333
56 214
56 444
54 833
54 780
55 008
55 895 '56 945 '56 837
16. 267
9.04?
7, 225
16, 750
9,443
7, 308
16, 870
9 547
7,323
16. 782
9 463
7.319
16, 931
9 409
7. 529
17,127
9 571
7, 556
17,028
9 562
7, 466
16. 891
9 533
7,358
16, 727
o 473
7. 254
10,551
9 407
7,144
16, 546
9 399
7,147
16, 613
9 430
7,183
10,701 '•16,815 '16,906 16. 895
9 513 r 9 593 ' 9 656 9 584
7.311
7,188 ' 7, 222 ' 7, 310
666
87
156
309
647
84
144
304
661
89
143
308
648
88
130
310
658
84
142
309
651
80
143
307
645
79
144
303
638
79
142
300
628
78
617
79
140
995
614
81
140
294
612
80
134
294
627
83
136
296
r638
85
135
'301
645
85
132
307
638
2, 760
3, 923
820
270
2, 696
3. 925
801
264
2 839
3. 965
819
261
2 98'>
3. 948
811
254
3 031
3,963
810
254
9 978
3, 959
784
265
2 936
3. 959
792
267
9 8()1
3.934
782
2 532
3, 937
787
269
349
3, 794
700
270
2 241
3. 862
761
269
2 315
3, 868
765
268
2 585
3.881
773
265
r 2 777
'3,919
784
'267
r 9. Q38
3 047
3, 988
875
197
695
611
910
205
690
607
919
208
692
613
920
193
698
618
928
199
699
619
942
210
693
612
948
211
688
605
939
209
688
603
925
210
686
602
885
212
683
600
888
212
683
600
890
213
0)85
600
901
913
686
597
911
214
'688
'601
944
216
094
613
_do__
do
do
do
do
do
11.368
3, 008
8, 361
2, 748
7.516
8,828
11,571
3,071
8, 500
2, 793
7.757
9, 185
11, 582
3, 074
8, 508
2, 808
7. 881
9. 171
11, 540
3,091
8,449'
2,839
7.884
8. 870
11, 558
3. 107
8.451
2, <m
7, 867
8, 860
11,627
3, 105
8, 522
2.813
7. 856
9.241
11,682
3, 113
8. 569
2.807
7, 870
9, 406
11, 842
3 113
8, 729
2 808
7, 830
9 470
12, 401
3. 1°9
9, 272
2, 807
7, 805
9, 607
11, 590
3, 086
8. 434
2 803
7, 761
9 438
11.415
3 078
8. 337
2 810
7, 782
9 510
11,477
3, 082
8. 395
2 821
7, 826
9 530
11 726 '11,695 '11 803 11 759
3 088 ' 3 094 ' 3 131 3 159
8.
638 ' 8, 601 'r 8, 672 8. 607
9
9 907
835 ' 2 849 9 876
7,934 ' 8, 01.2 'r 8. 112
8. 126
9 99()
9 595
9 540
9 530
do
do
do
do
do
_do
do
do
'54,077
16.267
9. 042
201
600
367
567
1, 142
55. 325
16, 750
9, 443
215
607
381
572
1, 166
55. 535
16, 923
9. 555
213
611
386
581
1, 163
55.617
16,908
Q
552
217
607
386
581
1,149
55. 536
16, 795
9 461
55, 647
16. 781
9 470
55, 597 55, 580
16, 695 16, 681
9 41S
9 413
220
221
603
605
380
380
565
572
1 115 1.121
55. 530
16,632
9 399
609
385
5S3
1, 141
55,583
16,805
9 486
220
603
380
576
1, 134
608
380
562
1 121
55, 730
16, 665
9 493
219
610
378
501
1 130
55. 963
16,771
9 478
218
617
381
566
1 151
50, 191 '56,430 '50,588 56. 7 IS
10.915 '17,023 '17,023 17. 028
9 583 r g (jf)3 ' 9 00(5 Q 079
914
' °15
914
915
'014
'• 579
578
on
386
88°
'387
389
' 589
589
591
579
1 199 ' 1 907 1 914
1 179
Fabricated metal products
do
Machinerv
do
Electrical equipment and supplies. _. do
1, 076
1, 401
1,436
1.118
1,459
1,528
1. 131
1.470
1, 554
1, 132
1,474
1, 555
1, 122
1, 480
1, 541
1,129
1,471
I , 528
1, 117
1,482
1, 540
1 110
1. 481
1,527
1,111
1,468
1, 535
1 104
1, 466
1. 533
1 10^
1 461
1,534
1 117
1,464
1, 536
1 148 ' 1 152
1 154
1 135
1 472 r i 474 ' 1 481 1 487
1,542 ' 1, 549 ' 1, 549
1 . 544
Transportation equipment
Instruments and related products
Miscellaneous manufacturing ind
1,522
346
382
1,645
358
393
1,687
359
400
1. 688
362
401
1, 619
362
397
j , 694
358
393
1. 674
359
392
1 652
358
392
1,669
359
387
1 662
360
383
1 671
301
383
1 680
362
386
1 710
364
389
' 1 797 r i 744
367
'370
'395
'393
7, 225
1, 780
90
880
1,200
590
926
830
203
365
361
7,308
1. 772
89
881
1,235
602
933
850
196
389
361
7. 368
1.774
87
891
1,257
606
937
853
199
399
365
7, 356
1. 777
89
885
1,249
606
937
858
199
396
360
7. 334
1, 703
93
879
1. 246
606
937
S55
198
395
362
7, 319
1, 770
96
874
1.243
603
938
853
191
393
358
7,311
1, 769
93
871
1,242
603
937
855
191
390
360
7, 282
1.763
90
868
1.231
601
938
855
189
389
358
7, 263
1,773
90
866
1. 229
004
914
853
1S9
389
356
7, 233
1 , 770
87
800
1 , 220
602
913
853
187
391
350
7,242
1 768
88
858
1. 229
602
911
856
188
392
350
7,293
1.780
88
861
1.253
005
915
859
188
394
350
7,332
1 766
88
8(54
1, 273
605
935
863
189
397
359
' 7, 360 ' 7, 357 7. 349
' 1 702 ' 1 751 1 748
85
85
87
864
' 804
801
1. 286
1, 283
1. 27S
r 6()7
009
013
941
943
940
874
' 868
878
'- 189
' 188
190
402
' 406
39(5
354
'354
354
652
646
648
666
647
Mining
do
2. 671
2, 731
2, 738
2, 696
Contract construction
do. - 2, 760
3. 932
3, 934
3.913
3, 923
3, 925
Transportation and public utilities
do
11,368 11,571 11,621 11, 652 11, 627
Wholesale and retail trade
do
2, 796
2. 788
2 793
1 792
2 748
Finance insurance and real estate
do
7. 783
7,749
7, 805
7, 516
7, 757
Services and miscellaneous
do
9,197
9, 204
9,183
8, 828
9, 185
Government
-.
do
Production workers on mfg. payrolls, unadjusted :f
12,044 12, 417 12.516 12 403 12. 544
Total unadjustedf
thous
12, 581 12, 551 12. 432
Seasonally adjusted
do
G, 613
G. 930
0, 862
G. 925
7,025
Durable goods industries, unadjusted. _do
6, 925
7. 024
7, 035
Seasonally ad lusted
do
94
99
97
99
102
535
544
576
571
568
Lumber and wood products
do
304
316
317
313
323
Furniture and fixtures
do
455
460
481
476
476
Stone, clay, and glass products
do.
914
938
906
936
903
Primarv metal industries
do
428
426
420
398
399
Blast furnaces, steel and rolling mills do
820
856
868
851
852
Fabricated metal products
do
964
1. 016
1. 020
1,034
Machinerv
_
do
1, 015
963
1,035
1. 041
1.039
1.031
Electrical equipment and supplies
do
1,122
1,137
1, 008
1. 121
Transnortatlon equipment 9
__do_ __ 1, 035
492
559
441
580
561
Motor vehicles and equipment-. ..do.
379
389
378
388
384
Aircraft and parts
do
222
228
226
228
229
Instruments and related products
do
306
317
322
316
331
Miscellaneous mfg. industries
_ do
5,487
5, 431
5, 478
5,491
Nondurable goods industries, unadj
do
5, 682
5, 527
5, 546
Seasonally adjusted
do
5.507
~~1,~191~ ~~l"l78~ 1, 176
1 224
Food and kindred products
do
1. 304
78
79
65
90
65
Tobacco manufactures
do
793
786
793
798
803
Textile mill products
do
1,098
1,067
1 , 093
Apparel and related products
do
1, 129
1,071
477
470
483
484
476
Paper and allied products
do,_ _
597
596
597
Printing, publishing, and allied ind _ _ do
596
592
519
506
520
Chemicals and allied products
do
521
523
126
131
130
Petroleum refining and related ind do
130
128
102
107
104
Petroleum refining
do
104
103
280
301
296
304
Rubber and misc. plastic products
do
303
319
319
321
316
Leather and leather products
do
327
l
» Revised.
v Preliminary.
Total and components are based on unadjusted data.
t Revised series. Beginning with the Nov. 1961 SURVEY, data for employment, hours,
earnings, and labor turnover have been adjusted to the Mar. 1959 benchmark and have
been converted to the 1957 SIC. Effective Jan. 1959 .the data include Alaska and Hawaii.
641
2, 715
3, 928
11,612
2 799
7. 809
9. 274
038
2.716
3, 935
11,594
2 813
7, 831
9, 339
636
2, 696
3, 918
11,600
2 822
7, 846
9. 384
625
2, 654
3, 921
11, 573
9 821
7, 87(5
9, 429
623
2. 051
3, 836
11,037
2 8°8
7. 895
9, 434
625
2. 040
3, 913
11. 079
9 830
7. 917
9 449
625
2. 634
3, 915
11, 765
9 844
7, 937
9, 472
' 040
036
635
638
2 730 r 9, 744 ' 2 704 9 798
3, 952
3, 912 ' 3. 931 ' 3, 940
11 760 '11 8L7 '11 842 11 873
9
85S
2 844 ' 9 855 r 9 856
7,918 ' 7. 933 ' 7. 976 8, 022
9 493 ' 9 551 9 549
9 477
12,751
12.446
7, 034
0 953
101
567
323
479
911
399
872
1.021
1,059
1. 133
566
389
230
338
5, 717
5, 493
1 330
105
796
1 125
485
603
523
122
97
308
319
12 601
12,416
12 518
12 324
6. 994
6 875
102
547
322
465
894
388
865
1, 017
1, 060
1, 160
589
396
230
332
5, 524
5. 449
1 188
84
788
1 113
481
604
519
120
96
309
319
12 358
12,311
G. 929
6 S80
101
530
319
446
900
392
859
1,018
1,053
1. 108
596
399
230
305
5, 429
5. 431
1 147
82
779
1 097
480
5$7
515
119
95
300
318
12 187
12 257
6, 802
6 853
100
518
315
432
900
394
848
1 . 021
1, 042
1. 108
593
399
229
287
5. 325
5,404
1 099
76
707
1 081
474
579
515
117
95
305
310
19 173
12 240
12 386
6. 883
0 930
98
518
313
436
931
422
846
1 028
1,024
1 158
580
392
230
300
5, 357
5, 450
1 080
08
709
1 128
473
580
523
118
97
302
310
19 392
12 284
6, 848
0 874
99
514
313
428
915
409
844
1 024
1,032
1.159
583
304
229
293
5,325
5, 410
1 077
73
700
1 119
471
576
517
118
90
302
313
Manufacturing
establishments
"Durable aoods industries
Nondurable goods industries
do
do
do
Mining, total?
Metal
_
Coal mining __ __ __
___
Crude petroleum and natural gas
do _
do
do..
do
Contract construction
do
Transportation and public utilities 9
do
Railroad transportation
do
Local and interurban passenger transit, -do
Motor freight trans, and storage
_._do_. _
Air transportationdo
Telephone communication
do ___
Electric, gas, and sanitarv services
do __.
Wholesale and retail trade _ __ _._
Wholesale trade
Retail trade
Finance insurance and real estate
Services and miscellaneous
Government
Total, seasonally adjustedf
Manufacturing establishments
Durable- goods industries
Ordnance and accessories
"Lumber and wood products
Furniture and fixtures ._
Stone clay and glass products
Primarv metal industries
do
do
do
Nondurable goods Industries
do
Food and kindred products
do_
Tobacco manufacturers
do
Textile mill products
do
Apparel
and
related
products
do
Paper and allied products
do
Printing, publishing, and allied ind. _do
Chemicals and allied products
do
Petroleum refining and related ind__.do
Rubber and misc. plastic products
do
Leather and leather products _.
do_ __
1
602
378
579
1, 119
6 933
101
558
324
474
898
391
871
1.018
1,062
1.150
581
391
230
342
5, 634
5, 483
1 266
99
792
1 118
484
606
520
121
96
311
317
140
301
9
99Q
I 9 ' 594
' 3, 972
794
200
1 749
372
394
19 494 '19 548
19 473
M9 613 !9 61
1° 698
' 7. 048 ' 7, 100
7, 038
' 7 111 7 141
r 7 io5
r 9*5
9(5
90
541
' 553
539
313
r 318
310
473
483
485
' 971
' 980
97(5
455
464
'883
'870
873
' 1 099 ' 1 034 1 ()93
1,024 ' 1,033
1, 025
' 1 175 ' 1 174
1 109
598
598
r
9
6. 973
7 043
96
599
314
460
955
442
857
1 03°
1,022
1 173
591
r 390
390
393
' 231
' 235
231
233
' 311 ' 317
304
310
5. 349 ' 5, 376 ' 5, 448
5. 435
5,481 ' 5, 508 ' 5, 501 5,487
1 088 T i 106 r 1 15Q9
1 190
r ()4
O
66
61
770
775
'770
701
1 1 06 ' 1 111r I HI
1 095
r 489
474
476
480
590
'592
592
'591
' 599
539
530
599
122
' 121
119
122
96
96
90
303
305
'308
295
301
r 302
r 31 9.
anu
The revision affects all series; previously published estimates are not directly comparable
with the revised data. Unpublished revisions (prior to Sept. I960) on new basis are in BLS
Bulletin No. 1312, available in many public libraries.
9 Includes data for industries not shown separately.
SURVEY OF CURRENT BUSINESS
S-14
—
- •
-
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1963
1962
1962 P
Monthly
average
Ausust 1903
Juno
.Inly
j Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar. | Apr.
May
!
j June
July P
EMPLOYMENT AND POPULATION-Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States
*
thous
Wash D C metropolitan area
do
Railroad employees (class I railroads) :
Total
..
do
Index, seasonally adjustedd*
1957-59=100.-
i 2,1 462
236
2. 297
233
2. 302
234
2,304
235
2,315
235
2,311
235
2. 334
213
70l
80.2
704
80.6
681
" 74. 0
683
>J 74. 9
686
75.7
694
76.5
705
P76.9
715
"77 3
123.9
115.7
90.2
111.9
115.3
87.9
96.9
115.0
87.6
90. 3
112, 1
85.7
83.3
112.0
85. 5
90. 1
113.4
84.4
104.3
113.7
88.4
••116.4
'116.7
'91.3
125. 8
' 119.2
94.7
40.7
40. 5
3.0
41.2
41.0
3. 1
40.3
40.1
2.8
41.0
40.7
2.9
40.4
40.4
2.9
41.0
41.1
3.0
40. 5
40.3
2.9
41.2
41.1
3.1
40.1
40.2
2.5
40.7
40.7
2.6
40.0
40.3
2.5
40.7
41.0
2.6
40.2
40.4
2.6
40.8
41.0
2. 7
39. 9
40.3
2.4
40. 6
40.8
2.5
'40.5
'40.6
2.8
' 41. 2
' 41. 2
2.9
' 40. 8
'40.6
3.0
'41.6
'41.4
r
3. 2
40.6
40.6
2. 841.2
41.4
2.9
' 40. 9
'40.6
'40.9
'42.1
'42.1
41.8
40.7
40.5
40.7
42.0
41.6
'41.8
'42.1
'40.7
41.4
41.8
40.2
' 42. 2 42.3
' 43. 1 43. 4
41.2
41. 1
' 40. 7 '41.0
'39.7
39.5
42.1
2.251
220
2 311
230
2, 324
235
2. 339
237
2. 336
236
2. 306
231
2, 301
231
739
2 81. 5
2 79. 5
720
738
79.9
730
79.3
730
79.9
704
78. 1
712
79.9
106. 4
105.2
89. 9
107.6
113.3
89.7
114.0
1 15. 1
92. 0
124.8
113.2
88.8
128 5
113.6
127.0
117.4
92.0
39. S
40.4
2.4
40.2
2.8
40.9
40. 5
40. 5
2.8
40.8
41.0
2.8
40.4
40. 2
2.8
40.9
40.9
2.8
2,319
233
r
TNDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) f .1957-59= TOO. ..
Manufacturing (production workers)!
do
Mining (production workers)!
do
117.9
HOURS AND EARNINGS!
Average weekly gross "hours per worker on payrolls
of nonagricultural estab., unadjusted:!
All manufacturing estab., unadj.!
hours__
Seasonally adjusted
do
Average overtime
do
Durable goods industries
do
Seisonallv adjusted.
do
Average overtime
- do. _.
2.3
2.8
40.7
40. 5
2.9
41.2
41.0
3.0
Ordnance and accessories
do
Lumber and wood products
_- do_ _.
Furniture and fixtures
do
Stone, clay, and glass products
do
Primary metal industries
do
Blast furnaces, steel and rolling mills.do
40.8
39. 5
39.9
40.7
39. 5
38.7
41.3
39.7
40.7
40.9
40.1
38.9
41.3
40. 4
41. 0
41.5
40.1
38.0
40.7
40.4
40.3
41. 6
39.4
37.4
40.9
40. 9
41.3
41.8
39.4
37.8
41.2
40.8
41.6
41.6
40.0
38.6
41.2
40.0
41.5
41.5
39.5
37.7
41.5
39. 5
40.9
41.1
39.7
38.0
42.0
39.2
41.2
40.1
40.4
38.9
41.6
39.2
40.1
39.8
40.4
39.3
41.5
39.3
40.2
39.9
40.6
39.5
41.1
39. 3
40.2
40.5
40.7
39.8
40.3
39.5
39.8
41.1
41.5
41.8
41.0
' 39. 9
40.2
41.8
'41.6
'41.3
Fabricated metal products
_
Machinery
Electrical equipment and supplies
do
do
do_
40. 5
40. 9
40.2
41.1
41.7
40. 6
41.7
42. 1
40. 9
40.9
41.7
40. 3
41. 3
41.6
40. 5
41. 5
41.6
41.0
41.3
41.4
40.7
41.1
41.3
40. 6
41.2
41.7
40.8
41.0
41.6
40.3
40.8
41.6
40.3
40.8
41. 7
40. 1
40.6
41.4
39.7
41.5
41.8
40.3
Transportation eQuipment 9
M"otor vehicles and eouipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. industries
do
do
do
- do. _
do
40. 5
40. 1
41.4
40.7
39. 5
42.0
42. 6
41.9
40. 9
39.7
41.9
42.5
41.6
41.2
39.9
41.9
42.7
41.4
40. 8
39. 3
41.1
40.9
41. 5
-11.0
39.7
42. 2
43.1
41.8
40.9
40. 1
42. 6
43. 5
42.2
40.9
39. 9
42.9
44.3
42.3
41.2
39. 6
43.1
44.5
42.3
41.2
39.7
42.0
42.5
42.0
40.6
39.2
41.6
41.9
41.7
40.8
39. 5
41.7
42.2
41.3
40. 8
39. 6
41.2
41.4
41.0
40.4
39. 0
39.7
39.6
2.7
41.1
40.1
40. 5
36.0
42.9
39.2
39.4
2.4
40.5
38. 5
39 8
35.5
42.3
39.2
39.5
2.5
40.2
36.3
40.0
36.2
42.3
39.4
39. 8
2.6
40.4
37. 3
40.3
36. 6
42.5
39.0
39. 6
2.4
40.0
34.7
39.8
35.6
42. 0
39.6
39.9
2. 6
MO. 9
38.7
40.6
' 36. 4
42.6
'39.9
'39.8
'2.8
'41.3
'40.4
'41.0
' 36. 3
'43.0
39.9
39.7
2.8
41.3
39.2
40.4
36.7
42.8
38.3
41. 6
42.1
r
40.7
39. 2
do
do
do
do
do
do
do-- do —
39. 3
39.7
2 5
40.9
39.0
39.9
35. 4
42.5
2.7
41.0
38.5
40. 6
36. 3
42. 6
40.1
40.0
2.9
41.2
38.4
41.1
36.8
42.9
40.0
39.8
2.8
42.0
37. 2
40. 6
36. 6
42.8
39. 9
39. 4
2. 7
41.2
37.8
40.6
37. 0
42.9
40.0
39.7
2.9
41.8
41.6
40.2
36. 5
43.0
39. 5
39. 3
40.' 9
40. 1
40. 5
35. 9
42. 5
39. 6
39.4
2.8
41.2
38.9
40. 5
36. 3
42. 5
do
do
do
do
do.. _
do
38.2
41.4
41.2
40. 9
40. 3
37.4
38.3
41.5
41.6
41.2
41.0
37.7
38. 3
41.8
42.0
41.4
42.0
38.3
38.2
41. 5
4'^ 3
41. 6
40. 9
38. 5
3S.4
41.4
41. 7
40. 8
40.9
38.1
38. 6
41.5
42.7
42. 0
41.2
37. 2
38.1
41.4
41.7
40. 9
40. 9
36. 2
38.2
41.4
41.6
41.3
40.9
36. 8
38.6
41.7
41.5
41.4
41.2
37. 6
37.9
41.3
41. 6
41.8
40.7
37.7
38. 1
41.2
40.5
40.7
40.6
37.4
38.4
41.4
40.7
40.9
40.7
36. 9
38. 0
42. 0
42. 2
42. 2
40.1
35.5
'38.3
38.4
41.7
41.7
42.3
41.9
41.4
41.7
'40.4
40.7
' 36. 6 ' 38. 0
do
do
do
do
40.6
41.4
35.8
41.8
41.0
41.5
« 36. 9
42.0
41.3
42.0
37. 2
41.6
40.9
41.3
42.3
41.6
40.7
36.5
42.3
41. 5
41.3
36. 3
42.2
41.4
40.9
36. 9
42. 0
40. 9
41.0
3(1.0
42.2
40.9
40.9
38. 2
42. 6
41.0
40.9
39.0
41.7
40.9
41.0
39.0
41.7
40. 5
41.0
36. 7
41.8
41.3
40.7
38. 2
41.9
41.9
' 41.2
' 39. 5
41.9
42.6
41.6
41.3
42.1
_._do - do
do
do
36. 9
35. 8
40. 3
36.2
37.0
35. 0
40. 6
36.3
37.6
36. 1
41.4
36.7
38.4
36. 8
42.7
37. 4
3S. 8
37.0
43.5
37.5
38. 5
36.7
42.7
37. 6
38. 2
36.6
42.4
37.3
36. 3
35. 2
39. 6
35. 6
34. 8
33.4
36.4
35.1
35.4
34.4
38. 1
35. 2
34.7
33.7
36.9
34.5
36. 2
35.2
39. 1
35.8
37.4
36. 2
41.4
36.4
38.1
36.6
42.0
' 37. 2
38.5
36.6
43.0
37.5
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transporation and storage -do
Telephone communication
do
Electric, gas, and sanitary services
do
Wholesale and retail trade
do - Wholesale
trade
__
do.. .
1
Retai trade §
do
42.9
41. (i
39.4
40. 9
38. 8
40. 5
38.1
42.5
41.5
40.0
41.0
38.7
40.6
37.9
43.0
41.9
39,7
40.8
38. 9
40, 7
38.2
42.4
41.9
40. 3
41.1
39. 2
40. 8
38. 5
42.8
42.1
40.2
41.0
39.2
40.7
38.6
42. 1
42.1
40. 6
41.3
38.8
40. 7
38.0
42.0
41.5
40.5
41.1
38. 5
40. 6
37. 6
42.1
41.2
40.9
41.2
38.4
40.6
37. 5
42.2
41.5
39. 9
41.5
38.9
40.8
38. 2
41.6
40.7
39.5
41. 1
38.5
40.4
37.6
41.7
41.0
39.8
41. 1
38. 4
40.3
37. 6
41.8
41.1
39. 6
40.9
38. 4
40.4
37.6
4° 0
41.2
39.5
41.0
38.5
40.4
37. 7
42 6
41.5
39.7
'41.0
38.5
' 40. 5
37.6
42.8
42.3
40.0
41.3
38.9
40.7
38.1
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plants. do
39. 6
38.8
39.1
38. 9
39.7
39.5
39. 6
39.3
39.9
39.1
38.7
39.1
38.8
39. 1
38.7
38.7
38.4
38 7
38.5
38.4
38.4
38.2
38. 5
38.6
38. 5
39.4
' 38. 6
39. 5
38.6
39.6
Average weekly gross earnings per worker on payrolls of nonagricultural establishments:!
All manufacturing establishments!
dollars.. 92. 34
100. 10
Durable goods industries
do
113.42
Ordnance and accessories
do
77.03
Lumber and wood product^
do
96. 56
105. 11
1 16. 88
78. 61
97. 27
105. 47
116.88
80. 40
96. 80
104. 45
115.18
80. 40
95. 75
103, 89
115.34
81. SO
97.68
105. 88
117.01
82. 01
96. 72
105. 37
117.01
79. 60
97. 36
106.19
118.69
79. 00
98. 42
107. 53
120.96
78,01
97.44
105.82
120.64
76. 83
97. 20
106. 23
120.35
77. 03
98. 09
106.49
119. 19
77.42
97. 76 ' 99. 23 ' 100. 37 1
106. 37 ' 108. 36 ' 109. 82'
115.26 '118.08 '117.79 !
78.21 ' 80. 20 ' 82. 01I
76.21
95. 24
114.95
79. 37
98. 57
119.50
79. 95
100. 43
119. 10
78. IS
100. 67
116. 62
80. 54
101. 57
116.23
SI. 54
101.50
118.80
81. 34
100. 85
116.92
80.16
100.28
117.91
81. 58
97. 84
120. 39
78. 60
97. 11
120.80
78. 79
97. 36
122.21
79. 19
99. 23
122.91
78.01 ' 79. 60 ' 80. 98! 80. 99
101.11 103. 25 '• 104. 41 1 105.00
127. 82 ' 127. 30 ' 129. 67 j 127.71
100. 85
107. 16
94. 47
104. 81
112. 59
97. 44
106. 75
114.09
98. 16
104. 30
112 59
96. 72
105. 32
112.32
97. 20
106. 66
112.74
99. 22
105. 73
1 12. 61
98. 49
105. 63
112. 75
98. 66
106. 30
114.26
99. 96
105. 78
113.98
97. 93
105.26
114.82
98. 33
105.67
115.51
97. 84
104. 75
113.85
96. 87
121.93
99. 55
77. 03
119. 19
100. 04
77. 42
124.49
100 61
78.60
Nondurable {roods industries, unadj
Seasonally adjusted
Average overtime
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products..
Printing, publishing, and aliied ind
Chemicals and allied products
Petroleum refin^pp" and related ind
Petroleum refinin^
"Rubber and rnisc plastic products
Leather and leather products
Nonmanufacturing establishments:!
M inino- 9
'
Metal mining
Coal mining
Crude petroleum and natural gas
Contract construction _
General building contractors
Heavy construction
Special trade contractors
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
do
do
do
Fabricated metal products
do
Machinerv
...
. ,. do._
Electrieal equipment and supplies
do
r
1
113 81 ]9/> 99 121.09
Transportation eqiiinmenf 9
do
97.27 !i 100.21 100. 94
Instruments arid related products
do
75.84
78.21
78. 6!)
Miscellaneous mfs\ industries
_ _ _. do
a
Revised.
p Preliminary.
Average for 1 months,
Includes Post Oiiifo emnlovoes hired for the Cliristrnas season; t ic re wer •
about 1 55,000
108. 32
115.79
98.74
r
r
r
109. 10
117. 04
100. 12
40.9
38.4
99. 88
108.77
117.22
82. 22
108. 05
115.79
98. 89
128.27 129. 73 124.74 123.55 123. 85 121. 95 '126.18 r 126. 90 i 125.88
101.76 102. 18 100.28 101.59 101. 59
99 79 r 101. 34 '102.50 j 101.75
80. 19
79. 58
78.01
80.19
78^78
80. 39
79.40 . '80. 19
78.79
d KiTeetiv ? with IV Far. 1982 SURVEY index is shown c n new base perio
o inch ides dat i for ind istries n ot shown
)oitom i . S-13.
126. 10
100. 61
78. 60
SURVEY OF CURRENT BUSINESS
Auiiusi 1003
I'ttless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962 v
Monthly
average
S-15
1962
June
July
Aug.
Sept.
19G3
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
. T uly p
EMPLOYMENT AND POPULATION— Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per worker on payroils of nonagricultural estab.f— Continued
All manufacturing estab.f — Continued
Nondurable foods industries
dollars
Food pnd kindred products
- do
Tobacco manufactures
do_ _.
Textile mill products
_
- do
Apparel and related products
do
82.92
89. 16
69. 03
65. 04
57. 70
86. 15
92. 25
72.00
68. 21
60. 62
87.02
92. 70
76. 03
69. 46
61 . 09
SO. 80
93. 66
73.28
68. 21
60.76
86. 18
91. 46
68. 04
68. 21
62. 16
86. 80
92. 80
70.72
67. 54
61.32
85. 72
91.21
68.17
68. 45
59. 95
86. 72
93. 52
72. 35
68. 45
60. 62
86.94
94.12
75.39
68. 45
60.12
86. 24
93. 15
73.15
67. 26
59.64
86. 24
92. 86
69. 70
68. 00
60. 82
87.07
93. 73
73.11
68. 51
61. 85
Paper and allied products
do. . 99. 45
105. 05
Printing, publishing, and allied ind _ do
Chemicals and allied products . __ . do _ _ 106. 81
124. 42
Petroleum refining and related ind
do
96 72
Rubber and misc. plastic products
do
62. 83
Leather and leather products
do
102. 67
108.01
109. 98
126. 88
100.86
64.84
102. 96
107. 62
111. 19
127. 68
104. 58
65. 88
103.58
107. 34
1 10. 81
129. 44
101.84
65. 84
103. 82
108.29
110.12
126. 35
101.02
65.53
104. 49
109. 62
110.81
131.09
101. 76
64. 36
103. 28
107. 82
110. 95
127. 19
101. 02
62. 63
103.28
108.49
111.37
127. 71
101.84
64. 03
104. 68
109. 24
112.17
126.99
103.00
65. 05
103. 64
106. 88
111.10
130. 62
101. 34
65. 60
103 21
108. 20
1 10. 83
126. 36
100. 69
65. 08
...do ... 107. 18
113.44
- do
111.34
- - do
105.75
do
1 10. 70
117.80
1 13. 99
109. 20
111. 10
118.86
115. 69
107. 74
110.02
11S.88
102.30
110. 83
111.90
116 00
113. 15
109. 56
112.88
118. 12
113. 62
110.99
111.78
116. 16
114. 39
109. 20
110.43
116.44
111.24
109. 30
112.07
116. 57
119. 57
112.04
112.34
116.16
121.29
110. 51
117.71
108. 83
118.48
123. 08
121. 73
112.50
120. 99
128. 14
121. 45
111.91
122. 13
127. 72
125.57
115. 92
127.67
131. 65
127. 26
116. 92
130. 50
132. 38
128. 21
117.81
129. 38
134. 23
126. 82
117.12
127. 20
133. 16
120. 88
113.34
117.61
127.45
117.97
108. 55
109. 20
127.41
Transportation and public utilities:
98.24
Local and suburban transportation
do
Motor freight transportation and storage -do .... 108. 16
93.38
Telephone communication
do
112.48
Electric, gas, and sanitary services
.do
100. 30
112.88
98. 80
116.85
101.48
114.39
97. 66
115. 87
100.49
114.81
99. 54
117.14
101.01
115.35
99.29
116.85
100. 20
115. 78
102. 31
118. 94
100. 38
113. 30
102. 06
118. 78
100. 62
113.30
103. 07
119.48
72.94
93. 56
64. 01
75. 08
96. 63
66. 33
75.86
96. 87
66.85
76.44
97. 10
67. 38
76.44
96. 87
67. 55
76. 05
98. 09
66. 88
75. 46
97. 03
66. 55
69. 19
89.83
71.80
93.53
71.80
93. 21
72. 56
94.89
71.80
94.35
71.97
93.76
45. 54
49.28
46. 53
50. 57
47.64
51.35
45. 94
50. 70
45. 89
50.83
2.32
2.25
2.49
2.42
2.39
2.31
2. 57
2.48
2.39
2.31
2.56
2.47
2.39
2.31
2.56
2.47
Ordnance and accessories
do
Lumber and wood products . .
do.
Furniture and fixtures
do
Stone, clay, and glass products _
do
Primary metal industries
do
Blast furnaces, steel and rolling mills.do
2.78
1.95
1. 91
2.34
2.91
3.20
2. 83
1.98
1.95
2.41
2.98
3.29
2.83
1.99
1.95
2.42
2.97
3.28
Fabricated metal products
do
Machinery
do
Electrical enuipment and supplies
do
Transportation equipment 9
do
Motor vehicles and equipment _ _ _ . do
Aircraft and parts
_
do
Instruments and related products
do - _
Miscellaneous mfg. industries
do
2.49
2.62
2.35
2.81
2.87
2.78
2.39
1.92
2. 55
2. 70
2.40
2.91
2. 99
2.87
2. 45
1.97
2.11
2.05
2.18
1.77
1.63
1.63
2.34
86.19
92. 80
68. 71
67. 26
59. 45
' 87. 52 ' 88. 58
'r 94. 89 ' 95. 82
78. 56 r 82. 01
69. 02 r 69. 70
r
60. 79 ' 60. 98
88.98
95. 82
79. 58
68. 68
62. 02
104. 55
110. 21
111.37
128. 61
101. 34
64. 58
102.90 ' 105. 22 r 106. 21
108. 68 '110.59 '110.69
113. 40 112. 59 ' 1 13. 42
134.20 131. 57 '133.25
99. 05 r 100. 19 '101.34
62. 48 r 64. 42 ' 66. 88
107. 00
1.10.30
113. 98
133. 04
103. 48
66. 82
112.88
117.26
122. 46
110. 51
111.38
118.49
114.87
110.77
113.16 114.81
117.22 ' 117. 42
119.18 ' 123. 64
111.45 ••110.62
117.58
118 56
130 9''
112. 83
120. 01
111.11
113. 54
128. 13
117.29
108. 85
108. 12
125. 24
121.99
113.34
114.95
129.60
124.17 127. 25
115.84 ••118.22
121.30 r 125. 58
130.31 ' 134. 29
128.98
118.58
130. 29
135.38
100. 86
114. 54
101. 35
121. 18
99.42
111. 52
99. 94
119.60
100. 91
113.98
101.09
120. 01
lOO. 32
1 14. 67
100. 58
119.43
101.22 103. 09
114.95 ••117.03
99.94 T 100. 24
119.72 '120.13
104. 43
118.44
102. 00
121.42
75. 65
97.44
66.38
75. 47
98.74
66. 85
76. 23
97. 36
67.30
76. 42
97.93
66. 93
76. 42
98. 58
66. 93
76. 62
98. 58
67. 48
77. 39
»• 99. 23
68. 06
72. 54
94. 07
72.72
94. 26
73.30
94.60
74. 23
95.41
74.03
95. 79
74.23
95. 81
74. 23
95. 54
74.03
73. 83
' 95. 66 96. 27
46. 05
50. 83
47. 72
50. 83
47. 99
50. 70
47.62
51.08
47.36
50.69
47. 62
50.42
47. 36
50. 95
46.97
52. 40
' 48 '>5
52. 54
2.37
2.29
2.54
2.46
2.40
2.31
2.57
2.48
2.40
2.32
2.57
2.48
2.41
2.33
2. 59
2. 50
2.43
2.35
2.61
2.52
2.43
2. 36
2.60
2. 52
2.43
2.36
2. 61
2.53
2.44
2.36
2. 61
2. 53
2. 45
2. 38
2.62
2.54
2.45
2.37
2. 63
2.54
2.83
1.99
1.94
2.42
2. 96
3. 28
2.82
2.00
1.95
2.43
2.95
3.26
2.84
2.01
1.96
2.44
2.97
3.28
2. 81
1.99
1. 96
2.43
2. 96
3.27
2.86
2.00
1. 96
2.44
2.97
3.28
2 88
1.99
1.98
2.44
2.98
3.28
2.90
1.96
1.96
2.44
2.99
3.30
2.90
1.96
1.96
2.44
3.01
3.32
2.90
1.97
1.97
2.45
3.02
3.34
2.56
2.71
2.40
2.89
2.95
2.85
2.45
1.97
2. 55
2.70
2.40
2.91
2.98
2.86
2.44
1.96
2.55
2.70
2.40
2.90
2.97
2.87
2.44
1.95
2. 57
2.71
2.42
2. 95
3.04
2.88
2.46
1.96
2. 56
2. 72
2.42
2.96
3. 04
2.91
2.46
1.97
2.57
2.73
2.43
2.99
3.10
2.91
2.47
1.97
2.58
2. 74
2.45
3.01
3.11
2.93
2.48
2.02
2. 58
2.74
2. 43
2.97
3.05
2.92
2. 47
2.03
2.58
2.76
2.44
2.97
3.04
2.92
2.49
2.03
2. 59
2.17
2. 10
2.25
1.87
1.68
1.67
2.41
2.17
2.10
2.25
1.98
1. 69
1.66
2.40
2.17
2.10
2. 23
1.97
1. 66
2.42
2.16
2.09
2.22
1.80
1.6S
1.68
2. 42
2. 17
2.10
2.22
1.70
1.68
1.68
2.43
2. 17
2.10
2. 23
1.70
1.69
1.67
2.43
2.19
2. 11
2.27
1.86
1.69
1.67
2.43
2.19
2.12
2. 29
1.88
1.69
1.67
2.44
2.20
2. 14
2. 30
1.90
1. 69
1.68
2.45
2. 75
2.58
3.02
3.16
2.40
1.68
2.82
2. 65
3. 05
3.18
2.46
1.72
2.81
2.66
3.04
3.18
2.49
1.72
2.81
2. 67
3. 06
3.21
2.49
1.71
2.82
2.66
3. 03
3.17
2.47
1.72
2.84
2.67
3.07
3.22
2.47
1.73
2. 83
2.68
3. 05
3. 20
2.47
1.73
2.84
2. 69
3.07
3.21
2.49
1.74
2.83
2.69
3.06
3. 20
2. 50
1.73
2.64
2.74
3. 11
2. 53
3.19
3.04
2.94
3.40
2.70
2.84
"3.11
2. 60
3. 29
3.16
2.98
3.53
2.69
2.83
3. 11
2.59
3.23
3.10
2.95
3.48
2.69
2.83
2. 62
3.27
3. 15
2. 99
3. 52
2.69
2.85
3.10
2.59
3. 28
3.16
3.00
3.53
2 72
2. 86
3. 13
2.63
3.33
3.21
3.03
3. 57
2.70
2. 84
3. 10
2. 60
3. 32
3. 20
3. 00
3.57
2.70
2.84
3.09
2. 59
3.33
3.22
2. 97
3. 58
2.29
2.60
2.37
2.75
2. 36
2. 72
2.47
2. 85
2.36
2.73
2.46
2.84
2.37
2.74
2. 47
2. 85
2. 36
2.74
2.47
2.85
2.38
2. 52
2. 88
2. 39
2. 73
2. 52
2.S9
1.94
Wholesale and retail trade
___
do
1.95
1.88
1.95
1.95
Wholesale trade
do
2.38
2.38
2.31
2. 38
2. 38
Retail trade §.._
do
1.75
1.75
1.68
1. 75
1.75
Services and miscellaneous:
Hotels, tourist courts, and motels
do
1.15
1. 19
1. 20
1.16
1.15
Laundries, cleaning and dyeing plants, .do
1.27
1.30
1. 30
1.30
1.29
^ Ro vised.
* Preliminary.
<» Average for 11 i nonths.
§Excc pt e a tintT and dri nking
places.
fSee corresponding note, bottom p. 8-1 3.
91ncludcs lata for * Industrie s riot
shownfor
separately.
Digitized
FRASER cf Derived by assuming that ex- ertime h )urs are )aid at t le rate o time
ami one-half.
1.96
2.41
1.76
1. 96
2. 39
1. 77
Nonmanufacturing establishments:!
Mining 9
. _
_
Metal mining
_
Coal mining
_ _
Crude petroleum and natural gas
Contract construction
_ _
General building contractors. _. ._
Heavy construction
Special trade contractors
Wholesale and retail trade
Wholesale trade
Retail trade§
- -
do..
do _..
do
do_
do
..do. _
do
Finance, insurance, and real estate:
Banking
_
do_...
Insurance carriers
do
Services and miscellaneous:
Hotels, tourist courts, and motels . . do_
Laundries, cleaning and dyeing plants _ _ do
Average hourly gross earnings per worker on payrolls of nonagricultural establishments :f
All manufacturing establishments!
dollars..
Excluding overtimed 1
do
Durable goods industries71
do
Excluding overtimed - _
do
Nondurable goods industries
Excluding overtimed1- _
Food and kindred products
Tobacco manufactures
Textile mill products _ Apparel and related products
Paper and allied products
..do
do
do __
do
do
do
do
Printing, publishing, and allied ind
do
Chemicals and allied products... . _ _ r l o
Petroleum refining and related ind
do
Petroleum refining
do
Rubber and misc. plastic products
do
Leather and leather products
do
Nonmanufacturing establishments:!
Mining 9
Metal mining
Coal mining
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors
do
do
do
do
do
do
do
do
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage. do
Telephone communication.
do.
Klectric, gas and sanitary services
do
i>;s
1. 19
1. 30
78. 19
99 7"
68. 96
47. 09
52. 07
2.46
2.37
' 2. 64
2.54
2. 46
2.38
2.64
2.55
2.86
1.98
1.96
2.46
3.08
3.44
'2.88
2,88
2.01
' 2. 02
'1.98
1.98
2.47
2. 48
3.06
3.08
' 3. 38 3.39
2. 88
2. 03
1.99
2. 50
3.07
2.44
2.97
3.05
2.91
2.49
2.03
2. 58
2. 75
2. 44
2.96
3.03
2. 91
2.47
'2. 02
2. 61
2. 61
2. 61
r
2. 77
2. 78
2.45
2. 4(5
2! 46
' 2. 99 ' 3. 00 2.99
'3.07
3.08
2. 92
2. 93
2.49
' 2. 50 ~~~2.~50~
2.01
' 2. 02 2.01
2.20
2.13
2.31
1.92
1.70
1.68
2.44
2 21
2. 14
2 32
1.96
1.70
1. 69
2.46
2. 21
2.15
2. 32
1.98
1.69
1.67
2. 45
' 2. 21 2 2'^
2.14
5! 15
^2.32
' 2. 32
' 2. 03 '2.03
1.70
1.70
1.67
1.68
' 2. 47 r 2 . 47
2. 23
2. 16
2. 32
2.03
1. 70
1.69
2.50
2. 82
2.69
3.14
3. 29
2. 49
1.74
2.84
2. 69
3.12
3.26
2.48
1.74
2.87
2. 69
3. 16
3.30
2.49
1.75
2. 86
2. 70
3.18
3.34
2. 47
1.76
' 2. 88 ' 2. 89
2. 70
3.14
'£15
3.31
3.33
' 2. 48 r 2. 49
1.76
1. 7b
2.88
2.74
3.16
2. 74
2.85
3.13
2. 63
3.39
3. 25
3.00
3.63
2.74
2.84
3.11
2. 65
3. 39
3. 23
2. 98
3.64
2. 76
2.86
3.14
2. 65
3.38
3.23
2. 93
3. 63
2.89
3. 13
2. 65
3.37
3. 22
2.94
3. 62
2.74
2.88
3.12
2. 66
3. 32
3.20
2.93
3. 58
2.74
' 2. 85
3.13
' 2. 64
3.34
' 3. 23
- 2. 99
'3.61
2.85
3. 17
2. 68
3. 35
3. 24
3. 03
3.61
2.39
2. 75
2.52
2.90
2.39
2.76
2. 54
2. 92
2.39
2.74
2. 53
2.91
2.42
2.78
2. 54
2. 92
2.40
2. 79
2. 54
2. 92
2. 41
2. 79
2.53
2. 92
2. 42
' 2. 82
' 2. 65
2.93
2.44
2. 80
2. 55
2. 94
1 . 97
2.40
1.77
1.94
2.42
1.75
1.98
2.41
1. 79
1.99
2.43
1.78
1.99
2. 44
1. 78
1.99
2.44
1.79
2.01
2. 45
1.81
2. 01
2. 45
LSI
1 ,,,
2. 53
1.74
1.23
1. 24
1. 24
1.24
1.23
1.23
1. 22
' 1. 25
1 . 32
1. 30
1.31
1.32 '
1. 32
1.32
1.33
1.33
1 33
NO TE FO H HEL P-WAN TED A DVER1 1SING I N D E X, p. S -16. New series
from National Indn.str ml Conf erence h oar (I an / B. K. Davis & Bro. A drertisiiig Service.
The ii idex is b ised on t he numb er of he! p-wante< ads put lisheci in one leac ing newspaper in
each c f 33 citics located through out the country, represen ting the larger in 3tropolilan ureas.
SURVEY OF CURRENT BUSINESS
S-16
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Antni>t
1963
1362
Monthly
average
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
June
July
Apr.
May
3.016
3. 060
4. 480
3.072 ; 3. 10-2
4.487 i 4.540
P95.9
P 94. 7
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages (ENR): §
Common labor
.$ per hr__
Rkilled labor
- - do _ _ .
F&rrn without board or rm 1st of mo
do
Railroad wages (average class I)
do
2.827
4.190
1
99
2. 675
i 2 14
i 1.01
85.9
100. 1
4.1
4.0
2.2
4.0
2.5
4.1
1.2
2.2
121
LABOR CONDITIONS
Help-wanted advertising, seas, adj.©
1957=100-Labor turnover in manufacturing estab.: t
\ccessionrate total mo rate Der 100 employees
Seasonally adjusted*
do
New hires
do
Sppari'Hon rat<^ total
do
Quit
'
- do
Layoff
-do
Industrial disputes (strikes and lockouts):
Beginning In month:
Work stoppages
number- .
"Workers involved
thous
In effect during month:
2. 946
4.348
2.947
4.329
Insured
Veterans' program (UCX):
Initlpl Claim's
do
Beneficiaries, weekly average
do
Benefits paid
*
- _ _ m i l . $.
Railroad program:
Applications
thous
Insured unemployment weekly avg do
Benefits paid
"
- - --.mil. $
4.393
2 729
98.5
97.9
4. 5
1.4
2.0
5 0
3.9
3.4
3.8
4.3
1. 5
1.6
301
102
436
151
2.740
i 2. 31
2 719
1 525
004
285 2
223,0
33
29
28
07
65
9. 0
28
50
47
6. 0
23
91 j
16.8
17
62
11. 1
1 31 1
1*8.9
24
40
39
5. 4
~
44
7.8
4.408
2.987
4.417
.95
2.736
97.0
92. 8
9 9
5.1
4 0
3.2
5 2
4.8
2.1
2.3
4.9
38
3.1
5.0
4. 1
2.4
1.9
355
98
352
129
621
195
2.9
4. 4
4.6
1.4
2,020
580
2
2.981
2. 786
4. 1
695
mil $
unemployment
thous
2.981
1 06
2. 746
9
33
311
Workers Involved
thous
3. 020
1 , 3fiO 1.550
Man-days Idle during month
do
E MPLO Y MENT SERVICE AND UNEMPLOYMENT INSURANCE
605
492
560
Nonfarm placements
tbous
Unemployment insurance programs:
22,481 2 1. 924 2 1 . 577
Trsured unemployment, all Programs
do
State programs:
1, 309
1.5 Hi
1.083
Initial claims
-do
1 , 783
1 . 169
2. 290
Injured unemployment, weekly avg do
Percent of covered employment^
4.4
3. 6
5.
fi
Unadjusted
4.0
Seasonally adjusted
9
Benefits paid
Federal employees,
2.963
4.364
1,666
2. 992
4. 423
2.992
4.426
3.011
3.011
4.447
4.452
3.014
4. 454
4.454
1 13
1. 11
2 29
2 18
2. 760
2.785
96. 8
95. 9
95.2
97. 5
100. 5
3.9
4.0
2.5
4.3
3.8
1.5
3.0
3.6
1.8
4.0
3.9
1.1
2.3
2.4
3.5
1.2
3.8
3.9
.8
2.5
3.6
3.9
1.9
3.9
3.9
1.1
2.2
3.3
3,9
1.8
3.2
3.7
1.0
1.6
3.5
4.1
2.0
3.5
3.7
1.2
1.6
3.8
4.2
2.3
3.5
3.6
1.3
1.6
3.9
3.9
' 2. 5
'3.6
-3.9
1.4
r
1.5
297
92
261
99
230
81
133
45
230
75
200
60
225
45
350
100
425
125
617
] 96
1,940
541
181
1 . 590
506
1 55
1,350
442
171
981
331
146
1.330
360
185
2, 340
320
120
1.100
350
90
1,110
475
130
1.050
600
165
1,750
642
2 39
O 0
98.5 p 100.2
652
643
533
434
459
423
496
2 1 , 598 -M,473
2 1, 524
21,772
22.220
2 2,777
2 2 725
2 2. 461
2
1 OP
M. 7
"3. 7
*3.2
v 3. 2
p 3. 6
"1.3
pl.3
f 96. 2
1" "
450
135
675 i
190
1.740
581
612
2, 055
2 1, 738
21.568 |
577
1.395
1 , 543
1.107
1.469
956
1.331
1. 267
1 , 385
1. 353
1,625
1.747
2, 063
2,102
2 5Q1
1.308
2, 546
9 <?Qg
1, 216
1.918
1.079
1,624
1.468 |
«,
....
3.8
4.3
1 °64
187.0
3.6
4.4
1 257
197.4
3.3
4.4
1 174
160.6
3.4
4.6
1 132
176. 6
4.0
4.8
1 296
193. 6
5.1
4.8
1 502
214.2
6.3
4.8
2 174
342. 4
9 9
6.2
4. 7
56
313. 3
9
5.6
4.4
165
316.4
4.7
4.1
1 800
235.9
3.5
4.0
1 397
188.2
. .
274.8
3.9
4.0
1 464
26
26
°5
29
31
37
38
35
31
28
•'O
30
46
40
5. 7
39
29
57
51
7.3
31
65
56
7 7
27
77
23
58
61
8.8
••20
50
6. 5
31
52
47
7.0
39
46
6. 9
47
44
6.8
40
45
6. 3
65
52
7.3
22
50
10.1
32
65
10. 1
16
60
11. 1
16
61
10.4
12
61
10.4
2, 367
6, 986
2.417
4. 509
2, 476
7. 091
2,501
4. 590
2, 650
6, 000
2, 088
3, 912
r
'^
f>
1.127
73
11. I
10. 0
25
71
72
9.9
19 !
73
13.7 !
64
10.9
5
57
11.0
4
M9
9.0
4
39
7.3
32
2 565
6, 996
2. 193
2, 658
7, 359
2. 204
5. 155
2, 696
7. 486
2,697
4.803
2, 589
7. 076
2 260
4. 816
\
..
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances
mil. $
Commercial and finance co. paper, totalt— do
Placed through dealersf
do
Placed directly (finance paper)!
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adin.:
Total end of mo
_ _mil. $ Farm mortgage loans:
Federal land banks
do
Loans to cooperatives
do
Oth^r loans and discounts
do
Bank debits:
Unadjusted:
Total (344 centers)
--bil. $ New York City
do
6 other leading centers!
do__ _
Seasonally adjusted:*
r
Tot°l (344 cente s)
do
New York City
do
6 other leading centersf
do
3^7 other centers
do
3
2. 083
3 4. fiSt'i
3 1,711
:J
3
:i 2, 975
6. 000
2. 088
•' 3, 912
3 5. 277
3 2. 828
3 697
3 1,752
106. 6
51 .9
Federal Reserve banks, condition, end of mo.:
Assets tota!9 .
mil. $__ 354,329
331,362
Reserve bank credit outstanding, total $ _do
3 130
Discounts and advances
_ _ _ do
3 28, 881
U.S. Government securitiesdo
816,615
Gold certificate reserves..-.
do
Liabilities total?
Deposits total 9 Member-bank reserve balances
Federal Reserve notes in circulation
2. 342
2 277
6. 576
2.119
4. 457
28 i
1.'878
3, 987
•> 5. 753
5. 770
5, 841
5, 833
5.814
5, 762
5,719
5, 753
5 835
5. 926
6, 024
6,143
6, 229
6. 326
6. 408
- 3. 0/V2
3 735
•- 1,966
2. 908
692
2, 109
2. 9SO
704
2, 1 50
3, 003
680
2, 150
3.021
690
2. 103
3, 031
738
1, 993
3,037
746
1,936
3. 052
735
1, 966
3, 069
777
1,989
3. 089
775
2, 062
3,118
761
2, 140
3,147
745
2, 251
3, 176
702
2. 351
3.198
701
2. 497
3.21S
711
2. 479
•2*-, 4
1 18. 0
58. 5
291.8
121.9
59. 4
279. 7
111.4
57. 5
281.0
1 10. 8
203. 3
109. 7
53. 4
307. 4
127. 5
62. 8
288. 2
116.5
59. 4
320. 9
141.6
63. 7
325. 9
137.2
66.3
274. 6
1 1 6. 6
55. 2
r
306. 8
133. 0
62. 5
307. 8
126. 9
64.2
348. 1
133. 1
64. 4
299. 6
V>5. 0
01 . 7
320. 6
2 29, 9
60. S
282. 4
1 1 5. 7
57. 9
108. 8
2*5. 7
! 1 4. 4
59, 0
112.2
283. 9
115 8
57. 4
110.7
286.
6
190 9
58. 1
107.6
297. 9
124 5
(51.0
112.4
296. 4
1°2. 2
61.1
113. 1
306. 4
134. 2
60. 9
111.3
307. 1
128. 1
62.8
116.3
301.5
127. 7
01.2
112.7
)-303 6
128. 9
61.6
308.
2
195 0
63. 9
119.3
309.0
297. n
129 8
6°. 1
117.2
1°1 5
61.6
113 9
319. 9
130. 3
66. 9
122. 7
- 56, 020
53, 396
52. 908
52 879
53. 59^
53 919
53, 872
54,d4
53. 935
54, 012
54, 207
55.314
55. -W4
3,.*,
31,040
31.618
31,690
31, 625
219
33, 902
38
30. 820
31,959
yo, 201
53. 940
•
32. 448
71
30. 454
56,020
333, 902
338
15.696
87
30, 289
,,,,0
32, 808
208
15.706
32. 585
201
30, 963
15, 606
32. 825
153
33. 804
96
32. 027
33. 946
338
32. 46s
15, 692
32, 608
209
30, 58(5
15'? 595
15. 595
15. 524
15.457
15,340
54,614
53. 935
54, 612
54. 207
55 314
55 594
IS. 205
16 965 1 16.971
30,67(t ' 30.959
18. 188
IS. 044
2. 228
4. 349
2, 593
6. 790
2, 091
4. 699
rll3.1
2,084
5. 402
3 15, 696
16.158
73
21). 786
] 5, 871
101
30. 358
15,817
48
29, 825
15, 796
do
3
54, 329 356.020
53. 396
52. °08
"2 879
53 "96
53 91°
53. 940
56, 020
53. 872
do
do
do
318,451 3 18, 722 18,445
317.387 3 1 7, 454 17.206
329,305 330,643 29. 021
17. 878
1 6. 885
29. 197
IS. 067
IS, 268
17. 321
29, 378
17,825
16,821
17.989
16,644
30. 643
29, 846
16.850
29, 488
17, 741
16. 648
30. 092
18.722
17.454
29. 351
29, 868
18. 046
16, 748
29, 934
18,222
16.904
30.010
17, 573
16. 574
30, 303
33.2
33.2
32.8
31.8
32.7
32.4
32,5
32.3
32.4
330,820
29, 663
17.110
Ratio of gold certificate reserves to deposit and
3
31. 8
33.4
34. 0
FR note liabilities combined
percent. _ 3 34. 8
r
Revised.
p Preliminary.
i Quarterly average.
2 Excludes persons under Temporary Extended Compensation program (ended 6,/30/62)
and under extended duration provisions (thous.): 1962—June, 53 and 37, respectively;; July,
2; 32; Aug. (ext. dur. prov.), 30; Sept., 24; Oct., 15; Nov.. 8; Dec., 3; 1963—Jan., 1; F eb., 2;
Mar., 4; Apr., 34; May, 60; June, 60.
3 End of year.
© See note, bottom p. S-15.
f See corresponding note, bottom p. S-13.
SWages as of Aug. 1, 1963: Common labor, $3.130; skilled labor, $4.585.
9
2 306
6, 170
2 002
4. 108
31.182
31,254
7, 239
2. 049
5. 190
31 .f- i
31.3
*New series. Data prior to 1961 for labor turnover appear in BLS Bulletin No. 1312;
data prior to 1961 for bank debits will be shown later.
cfInsured unemployment as % of average covered employment in a 12-month period,
'{Monthly revisions prior to May 1961 (Ausr. 1959-July 1960 for placed through dealers;
are available upon request.
^Includes Boston," Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
August 1063
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
End of year
S-17
1962
July
June
A up.
Sept.
1963
Oct.
ISTov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FINANCE—Continued
BANKING- Continued
All member banks of Federal Reserve System,
averages of daily figures:
F xres5! reserves
mil $
Borrowings from Federal Reserve banks. -_do
"Frpr* reserves
do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of y r - or rno.:t
Deposits:
m
Demand, adjusted cf
^l. $-Demand total 9
do
Individuals, partnerships, and corp
do
States and political subdivisions
do _ r
U S Gove pment
do
Domestic commercial banks
do
T*me total 9
do
Individuals, partnerships, and corp.:
Savings
do
Other time
do
f nans (adjusted), totalcf
__do
Commercial and industrial
_
do
For purchasing or carrying securities
do
To nonbank financial institutions
do
Heal est-it^ loans
do
Other loans
do
Investments total
_
-do
U.S. Government obligations, total
do
Votes and bonds
do
O^her securities
do
i 568
i 149
1419
r
1572
'304
i 268
491
100
391
529
89
440
566
127
439
455
80
375
484
65
419
65, 644 65, 843
97, 958 102, 109
70,118 71, 531
5, 002
5, 125
4. 033
4, 749
13.415 14,321
41,003 50, 386
61,472
91.391
64. 022
4, 829
6. 594
1 0, 072
47, 077
62,451
91,527
6 r >,116
5, '29
4, 309
11,301
47, 242
60, 638
87, 901
62, 583
4,622
4,917
10, 920
-17, 729
60,744
92,845
64,085
4. 631
7. 022
12,121
48,225
30, 225
5. 945
74, 285
32, 797
4, 705
6,159
13,403
21,194
40. 009
33, 900
20. 009
12, 109
34, 920
9, 221
82,947
35, 351
5. 928
7, 36,"
15.519
22, 812
48. 147
32, 369
24, 514
15, 778
32. 539
8,511
75. 902
33. 354
3. 958
0. 039
14,268
21.543
46, 904
32,418
26, 206
14.486
33, 114
8,251
75, 732
33, 1 16
3, 6"4
6, 259
14.525
21,754
46, 582
31,688
25. 980
14, 944
33, 404
8,428
75, 975
33. 442
3, 604
6, 104
14. 696
21.894
46. 093
31. 075
25, 274
15,018
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas, adjusted:1"
Total loans and investments©
bil. $
Loan^O
do
U.S. Government securities
do
Other securities
do
209. 6
121.1
64.7
23. 8
228. 1
134. 7
64.3
29. 1
220. 3
126.6
66. 6
27.1
217. 8
126. 1
64.1
27. 6
220. 3
127.3
65.0
28.0
Money and interest rates:§
Ban'k rates on business loans:
In r19 cities
\ ew York Citv
7 other northern and eastern citie^
11 southern and western cities
M.97
2 4. 76
24.98
25.28
2 5. 00
24.78
25.01
2 5. 32
5. 01
4.79
5. 00
5.33
3.00
4. 00
5. 62
3.00
33 4. 05
5. 56
3. 00
4.02
5.56
3.00
4.05
5. 56
3.00
4.07
5. 56
3.00
4.10
5. 56
3.00
4.14
5. 56
3.00
4.15
5. 56
3.00
4.14
5.52
3.00
4.13
5.50
3.00
4.12
5. 50
3.00
4.08
5.50
3.00
4.09
5.50
3.00
4.08
5.50
3.00
4.09
5.50
3. 50
4.16
5.50
81
97
68
50
33.01
33.26
33.07
3 4. 50
2.90
3. 25
3.02
4. 50
3. 07
3. 36
3. 20
4.50
3.11
3.30
3.12
4. .50
3.09
3.34
3.13
4. 50
3. 03
3.27
3.04
4. 50
3.00
3.23
3.08
4.50
3.00
3.29
3. 16
4. 50
3.07
3. 34
3. 18
4. 50
3. 13
3.25
3.13
4.50
3. 13
3.34
3.1*
4. 50
3.13
3.32
3.17
4.50
3.13
3.25
3.15
4. 50
3.24
3.38
3.21
4.50
3.41
3.49
3.35
4.50
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue)
percent-. 3 2. 378
3 3. 60
3-5 vear issues
__do
3 2. 778
3 3. 57
2.719
3.51
2.945
3.71
2. 837
3. 57
2. 792
3. 56
2. 751
3.46
2.803
3.46
2. 856
3.44
2.914
3.47
2.916
3.48
2.897
3. 50
2.909
3.56
2. 920
3.57
2 .995
3.67
3.143
3.78
23,917
539
22. 931
581
22, 972
573
23.087
565
23. 376
558
23, 440
552
23, 601
545
23. 917
539
23. 993
531
24, 103
522
24, 436
515
24, 360
499
24, 489
493
24, 763
484
24, 777
64, 892
percent
do
do
do
Discount rate, end of year or month (N".Y.F.R.
Bank)
percent
Federal intermediate credit bank loans
do
Federal land bank loans
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)... do
Commercial paper (prime. 4-6 months) _ . do
Finance Co. paper placed directly, 3-6 mo_^do
Stock Exchange call loans, going rate __do _
3
3
3 2.
» 2.
3 2.
3 4.
Savings deposits, balance to credit of depositors:
X.Y. State savings banks,endofyr.ormo-mil. $__ 22, 357
651
U.S. postal savinsrs ^
do
CONSUMER CREDIT!
(Short- and Intermediate- term)
Total outstanding, end of year or month
mil.$__ 57,678
592
119
473
304
2()8
483
99
384
472
172
300
426
155
271
434
121
313
63, 025
94, 512
66, 996
5, 017
4,283
12, 030
48. 058
63, 007 65, 843
91,839 102, 109
65, 916 71.531
5, 125
4, 938
3,634
4,749
12. 030 14, 321
49, 023 50, 386
64. 495
90, 720
66, 791
5, 054
2, 760
11,010
51. 302
62, 654
91,562
65, 834
5, 329
4, 254
11,078
52,150
61, 811
90, 700
65, 005
4, 772
3. 084
12, 072
53, 418
63, 699
95,172
67, 004
5, 993
4. 957
11,414
53, 751
33,921
8, 566
77,726
34,081
4, 145
6, 279
14,940
21,823
47, 171
31,995
25. 583
15. 176
34, 246
8, 688
78, 705
34, 290
4, 764
6, 144
15,203
21, 981
46, 768
31,432
25, 317
15, 336
34, 459
8, 590
78, 861
34, 680
4. 154
6, 085
15.399
21,793
46,611
31, 124
24, 994
15, 487
34, 920
9, 221
82. 947
35, 351
5. 928
7. 365
15,519
22.812
48, 147
32, 369
24, 514
15, 778
35. 143
9, 542
79, 457
34, 295
4. 550
6,434
15, 626
22, 361
47, 934
31,986
24. 423
15, 948
35, 426
9, 928
80. 672
34, 564
5. 332
6,511
15,768
22,614
47, 672
31,446
24, 092
16, 226
35, 956
10, 447
81, 130
35,256
4,677
6, 637
15, 944
22, 467
47, 685
30, 857
24, 383
16, 828
222.0
129.7
64.3
28.0
224. 4
131. 6
64. 2
28. 6
225. 9
132. 2
64. 6
29.1
228. 1
134.7
64.3
29.1
228.9
134.7
64.6
29. 6
232. 3
136.8
65.4
30.1
235. 0
137.8
66.7
30. 5
5. 02
4.78
5.05
5.33
4.99
4.77
5.00
5.32
'457
209
248
377
236
'"HI
480
322
158
61, 143
90, 176
04, 200
5, 399
4. 537
10, 753
54, 538
61, 023
94, 964
65, 485
4,998
6, 901
11,978
54. 924
63, 281
92, 818
06, 795
4, 968
4. 920
10, 874
55, 581
35, 822
10,679
82. 961
35, 337
5, 644
6, 705
16,237
23. 100
47, 929
30, 689
24,311
17, 240
30. 048
11.175
82, 280
35, 008
4.931
0, 583
10.537
22.817
47, 503
29. 900
24, 047
17,597
36.518
11.230
84. 380
35. 459
5, 408
7. 266
16,824
22, 637
48, 025
29. 831
24. 244
18,194
36, 741
11,691
84, 384
35, 014
5, 328
7, 624
17,030
23, 283
47, 601
29. 099
23. 894
18, 502
232. 6
137.4
64. 0
31.2
234.8
138. 8
64. 1
31.9
239. 4
140.8
66. 0
32. 6
237.4
141 .9
62 .2
33 .3
r
5 00
4 80
4.98
5 30
5.01
4.78
5 01
5 32
63, 458
59, 108
59, 364
60, 003
60, 126
60, 626
61, 473
63, 458
62, 728
62, 198
62, 239
63, 230
64, 165
do
43, 527
48, 243
45, 208
45, 650
46, 204
46, 310
46, 722
47, 274
48, 243
48, 118
48, 004
48, 153
48, 836
49, 494
50, 220
Automobile paper
do
Other consumer eoods paper. _ __ _ ___ _do
Repair and modernization loans
do
Personal loans
do
17, 223
11.857
3,191
11.256
19,384
12, 855
3, 290
12, 714
18,410
11.726
3, 200
11,872
18, 680
11, 754
3, 226
11,990
18, 933
1 1. 824
3, 260
12, 187
18.881
11,861
3, 277
12, 291
19,083
11,986
3,289
12, 364
19,307
12, 186
3, 302
12, 479
19, 384
12,855
3. 290
12,714
19, 438
12, 695
3, 250
12, 735
19, 525
12, 468
3, 221
12, 790
19, 720
12. 359
3, 210
12, 864
20, 120
12,419
3,229
13, 068
20, 509
12, 512
3,272
13, 201
20, 904
12 622
3, 305
13, 389
By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
Credit unions.
Consumer finance companies
Other
do
do
do
do
___do
do
37, 935
17, 008
11,273
4,330
3, 799
1, 525
41, 807
18, 909
12, 194
4,973
4,131
1, 600
39, 639 40,062
18, 024 18, 235
1 1 , 570 11,682
4, 616
4,681
3, 876
3, 907
1,553
1, 557
40, 537
18,427
11.796
4.783
3, 948
1,583
40,597
18. 443
11,787
4, 814
3, 969
1,584
40, 896
L8. 613
11,860
4,874
3,974
1, 575
41, 285
18, 765
11,986
4,928
4, 009
1,597
41,807
18, 909
12,194
4, 973
4,131
1 , 600
42, 304
18, 981
12, 668
4,939
4,134
1, 582
42, 286
19,057
12, 556
4. 952
4, 138
1, 583
42, 398
19,203
12,460
5, 007
4,139
1, 589
42, 959
19, 581
12,506
5, 117
4,174
1, 581
43, 482
19, 874
12, 583
5,228
4, 191
1, 606
44. 077
20, 190
12, 693
5, 345
4,241
1,608
do
do
do
do
_ do
5 595
2,421
1, 058
342
1.774
6 436
3, 013
1 073
284
2,006
5 569
2, 522
988
302
1,757
5. 588
2.545
989
298
1,756
5, 667
2. 609
999
296
1,763
5,713
2,675
998
299
1.741
5, 826
2, 737
1, 002
298
1,789
5 989
2, 835
1,019
292
1,843
6, 436
3,013
1.073
284
2, 066
5,814
2,478
1,049
284
2,003
5, 718
2, 480
1,027
281
1, 930
5, 755
2, 566
1,002
277
1. 910
5, 877
2, 686
992
269
1,930
6, 012
2,797
994
263
1, 958
6, 143
2, 925
997
258
1, 963
Installment credit, total
Retail outlets total
Department stores
Furniture stores
Automobile dealers
Other
do
14, 151
15,215
13, 900
13, 71 4
13, 799
13.816
13,904
14, 199
15,215
14, 610
14, 194
14,086
14,394
14, 671
14, 672
do
do
do
5, 136
4, 413
723
5. 579
4,704
875
5, 428
4. 671
757
5.402
4,662
740
5, 469
4, 657
812
5, 481
4,666
815
5, 442
4, 662
780
5, 526
4.680
846
5, 579
4.704
875
5, 51 1
4, 680
831
5, 545
4, 704
^41
5,593
4,713
880
5, 596
4. 774
822
5.696
4,813
883
5, 715
4, 865
850
do
do
do
do
5, 324
948
3,907
469
5. 642
927
4,203
512
4, 596
612
3, 505
479
4, 457
569
3, 388
500
4,491
570
3, 394
527
4, 495
614
3, 353
528
4, 663
638
3, 507
518
4, 825
688
3, 629
508
5, 642
927
4, 203
512
5, 058
775
3, 759
524
4, 496
646
3. 324
526
4. 340
587
3, 251
502
4. 567
603
3. 166
498
4,791
610
3, 075
500
4, 783
599
3, 605
519
do
3,691
3,994
3. 839
3,855
3,876
Revised.
2
3
Monthly average
Average for Dec.
Quarterly average.
f Revised to reflect new coverage and revised cla ssificatib n of depc sits (for letails, s oe the
June and July 1961 issues of Federal Reserve Bulletin)
d"For demand deposits, the term "adjusted" d enotes d emand d eposits o ther tha n domestic commercial interbank and U.S. Government less cas h items i n process of colle ction;
for loans, exclusive of loans to domestic commercial )anks an d after d eduction of vaklatiori
3, 840
Non installment credit, totaLSingle-payment loans, total
Commercial banks
Other financial institutions
Charge accounts, total
Department stores
Other retail outlets
Credit cards
Service credit
r
1
.
::::::::
4. 153
4,041
3,799
3, 848
3, 994
4.231
4, 153
4, 184
4, 174
9 Includes data no t shown separate iy.
New sei•ies; desc ription < uid data prior to
Sept. 1961 appear in tli e July IS 62 Feder al Pesen e Bulleti n.
O Adjuster to exclu < e interbank loans.
§ For b )nd yielc Is. see p. S-20.
)ata
are
4week
as
of
en
d
of
con
secutive
nding
in month indicatecI, except
periods
e
11
June figure wh ich is as <3f June 3() (end of fiscal ye^ r).
t Revised xick to 1955 to int orporate
new t enchmai k data; t ivailable revision 5 for peri Qds not s tiown he re appea r in the I ^ec. 1962
Feder il Eeserv e BuUeti n.
SURVEY OF CURRENT BUSINESS
S-18
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
.
1962
Monthly
average
August 1003
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
5. 379
1.539
1.937
1 . 903
4, 410
1 . 462
1.268
1 . 6SO
Tail.
Feb.
Mar.
Apr.
May
Juno
July
FINANCE—Continued
CONSUMER CREDITt— Continued
Installment credit extended and repaid:
Unadjusted:
Extended, total
Automobile paper
Other consumer goods paper
\11 other
Repaid, total
AutomoMle paper
Other consumer goods paper _
\11 other
Seasonally adjusted:
Extended, total
Automobile paper
\11 other
Repaid, total
Other consumer goods paper
All other
4,033
mil. $._
do
do_ _ _
-do_ ._
do._.
do
do
do
1, 334
1,21.5
1,484
3. 975
1,373
1,187
1,41.5
4,616
1.626
1. 344
1. 646
4. 223
1 . 446
1, 261
1. 516
-do
do
do
do
-
4.923
1,810
1,384
1,729
4,210
1.432
1.256
1,522
1 . 751
1,290
1, 679
4,278
1,481
1,262
1,535
4, 623
4,669
1 . 344
1. 658
1 368
1,670
4.202
4,283
1 433
1,260
1,509
do
do...
4,720
1 456
1.296
1,531
1,731
1.345
1,786
4, 308
1.478
1.275
1,555
1,309
1.255
1,534
3, 992
1.361
1,218
1,413
4.913
1.816
1,432
1.665
4, 501
1.614
1 , 307
1, 580
4.932
4.619
1 . 602
1 325
1.692
4,261
1 446
1,281
1,534
4. 491
1 . 505
1 308
1,678
4. 682
1 , 685
1 335
1,662
4,961
1. 797
1 425
1, 739
4,289
4,298
4,380
1 491
1,261
1. 546
1 490
1.302
1.588
4, 150
8. 639 10, 149
2. 501 -5,998
9, 289
10, 021
-732
4,862
4,098
1 440
l', 298
1,551
1.701
1, 499
1. 732
4, 380
1,477
1,299
1, 604
'4,362
r
r
r
4. 035
1 , 488
1.045
1 502
r
4 . 149
r
1,401
r
1.272
1.476
r
r
T
1,394
1,897
4, 608
1 , 600
1. 334
1,674
o. 263
1. 995
1.434
1 . 834
4. 60.5
1 . 606
1.341
1 658
5. 134
1 894
1.401
1.839
4. 408
1,499
1.291
1 61 S
4. 829 r 4. 869 M.884 r 4, 933
1 . 684 '" 1. 757 '• 1 . 745 r 1.760
1 469 r 1 3Q£ r i 394 T \ 493
1,676
1 . 714
1 . 745
1. 750
4, 371 r 4. 382 r 4, 459 r 4, 544
1 513 r \ 505 r 1 ^ J ^ T ] ^4q
1.293 ' I . 299 r 1,316 '1.360
1.565
1 . 635
1.578
1,625
5, 033
1, 863
1 396
1. 774
4, 502
I 5^0
1. 306
1,626
4. 950
1. 797
1 390
1 763
4. 516
1 573
1. 316
1.627
5. 01 1
1. 763
1 417
1*831
4. 5/S
1 561
1,345
1.672
9, 548
6, 285
9, 436
8,830
112 —2, 544
9,728
7,251
11.327
13. 975
9 499
4 546
r
r
1. 583
1.211
1,568
'4.487
'-1.529
'•1.371
1.587
r
r
r
4. 663
1.731
1 258
1 . 674
4. 514
1,536
1.367
1. 61J
5. 291
2,000
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public:d"*
"Receipts from
_ .mil. $..
Payments to
do
Excess of receipts or payments ( — )
do
Seasonally adjusted quarterly totals:
Payments
8,728
-567
9,329
—477
10, 328
10.577
-249
26,500
27,000
do
27,300
28,100
500
Budget receipts and expenditures:
Receipts, total
do
Receipts, nett
-^o
Customs
_
_
do__ _
Individual income taxes
do
Corporation Income taxes
do
Employment taxes
do
Other internal revenue and" receipt'' . - do.._
Expenditures, totaH
do
Interest on public debt
doVeterans' services and benefits
do
National defense .
_do .
All other expenditures _ _
_.do
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total
bil. $.. i
Interest bearing, total
do
Public issues..
_. -do
Held by U. S. Govt. investment accts_ do
Special issues
do
Noninterest bearing
do
Guaranteed obligations not owned by U.S. Treasury, end of month
bil $
U.S. savings bonds:
Amount outstanding, end of month
do
Sales, series E and H
do
Redemptions
do
4. 567
9, 314
3, 453 -4,747
9.624
8,333
6. 513
88
8,983
7. 059
103
13, 346
11,615
100
5.010
5, 377
1,054
1.806
27,100
29,200
700
4, 540
3, 566
103
1.497
525
450
1,965
9. 445
7,089
11.414
10. 053
102
5. 072
3. 533
962
1,745
_, „ „
10. 352
8. 776
1, 576
120
1.391
460
551
1.547
8. 524
814
440
4,610
8. 533
10.997
2, 268
840
445
4. 348
2,138
6, 285
5, 533
80
3, 636
517
429
1.623
8, 013
858
486
4. 547
2. 21 5
7.027
114
5. 312
412
1.208
1.488
9. 553
8, 360
94
2 552 — 2 476
9 991
1 336
97 400
28. 300
O 1QO
4.068
3.030
11,548
8,997
7, 305
103
6. 206
422
2, 596
1,671
6, 763
809
445
4. 102
1,432
13,093
9,663
9 7 ^00
28. 200 _
8,544
5, 735
110
5 344
551
940
1, 598
7, 590
823
367
11, 13° "13 977
6, 953 P12.042
."95
106
l
6 993 p 5 >99
443 p,5 511
9
664 v 1 340
1 . 696 p 1 731
7,470
p 7, 663
p861
893
p.386
435
r
4 488 p 4 604
M . 727 p 1,849
2,107
107
5. 467
431
1 , 786
1,654
8, 541
794
492
4, 448
2, 852
298. 20
297. 88
301. 84
299. 50
302. 07
305. 39
303. 47
303. 42
304. 64
302. 99
303. 17
305. 20
305. 86
394. 84
i 292. 69 1 299. 21 294. 44
i1249. 17 i 255. 78 249. 50
10. 89 i 11.99
11.36
i 43. 52 1 43. 43 44.94
i 4. 26
13.48
3. 76
293. 92
250. 12
11. 58
297. 90
252. 48
11.47
45. 43
3.94
295. 57
251. 01
11.71
298. 14
254. 26
12.01
301. 38
257. 22
13. 59
44.16
4.01
299. 21
255. 78
11.99
300 57
258 OS
12.40
42 49
4 07
298. 98
256. 77
12.77
299. 19
257. 58
12.56
41 60
3.98
301 19
257. 62
301 95
257. 1.5
13. 41
44 80
3 91
300 94
°57 21
4.26
299. 33
257. 14
12.19
42.19
4.08
.53
3,933
4,340
1,821
1,108
1.612
7 659
796
442
4, 425
2, 052
2,061
296. 17 1 303. 47
1,766
1,039
1,508
7 fl^Q
739
445
4,013
1,895
~r r»rr»
821
398
5,034
828
442
3,954
43.80
3. 96
807
401
4, 038
2,081
44.56
3.93
2,672
43.89
3.92
808
443
4,558
3,537
3. 450
652
1.820
43.43
i .33
i .52
.44
.45
.47
.49
.49
.50
.52
i 47. 79
.38
.47
i 47. 87
.36
.47
47.82
.36
.48
47. 86
.36
.45
47.90
.36
.43
47.91
.30
.40
47.87
47.90
.36
.51
.33
.40
47.87
1 126. 82
129. 14
130.00
130. 60
131. 07
131.74
i 60. 93
16. 13
!3.89
i 116.22
3. 58
i 26. 91
62.73
6.23
4.06
16. 37
3. 61
63.37
27.92
63.12
6.41
4. 06
16.38
3.60
28. 09
28.29
63. 55
6. 34
4.10
16. 40
3 59
28.46
63. 86
6.37
4.08
16 41
3 58
28. 61
28.66
i 6. 26
1
2. 03
1
4.14
1
44. 20
i 41. 03
M.Ol
i 5. 73
i 1. 39
i 4.29
4.95
2. 17
2.70
45. 14
41. 86
4.04
5.98
1. 20
.5. 10
4.99
2.18
2 73
45. 34
42. 03
4.10
6. 04
1 26
5 15
5. 02
2.19
2.74
45. 58
42. 25
4. 11
6. 08
1.24
5.21
5. 07
2. 20
2 78
45. 76
42.41
4. 11
6.1.1
1.27
5. 20
5. 11
2.22
2 81
HH.6
54. 5
1 2. 0
70. 9
149.0
135 4
733. 4
739 2
318 8
54. 6
12. 5
61.7
142. 9
148 7
754 6
300 4
50. 5
11.0
75. 3
156. 7
160 7
776 5
316 6
63. 4
13. 4
66 7
146. I)
169 8
II'1 °
4' 57(i
(i, 30.1
4. 568
li 01 >
4. 172
1 . l:7o
."73
7. 09"
4. 97s
4~. <W1
r
107
3,927
6,081
1,428
1,550
7,806
825
405
4,523
2,056
4,522
42.20
4.02
1.886
r 13. 37
43 56
4 02
43 79
3 90
>4
.55
56
58
61
65
.30
.46
47. 97
.53
56
48 11
.42
40
48.21
.40
40
48.29
.41
45
48 40
.41
41
48 47
.35
40
4X1 58
.41
44
132. 50
133. 17
134. 01
134. 50
134 98
135 61
136 ?4
64.07
6.40
4. 06
16. 42
3 57
63.88
6. 19
4.06
16.51
3 56
28. 64
64 44
6.31
4.09
16 54
3 54
28. 82
64 66
6. 24
4.08
16 54
3 54
28. 98
64 72
6.03
4. 06
16 54
3 53
29.18
64 95
6 01
4.04
16 519
'3 5
65 17
5 85
4.00
16 5°
3 51
29. 65
5.16
2.22
2 85
5.24
2. 24
9 91
47. 20
43. 80
4 15
6. 24
1.2S
5.44
5. 28
2. 25
2 94
47. 35
43. 93
4 17
6.28
1.27
5. 50
5.34
2. 26
9 99
44. 16
4 18
6.32
1.19
5. 60
5. 38
2.26
3 03
47. 91
44. 41
4 20
6. 36
1.18
5.63
5.38
2.25
3 04
48.16
4 13
6.18
1.30
5. 28
5. 18
2.24
9 86
46. 98
43. 58
4 19
6.21
1.41
5. 38
741 8
318 9
(JO. 1
11.5
994 1
35^ 1
63. 3
l'i.3
v'44 7
369 5
71. 5
13.4
759 2
332 "
885 0
391 "
11.2
75 o
130. 9
1 44 '''
13. 1
73 5
154. 9
6, 34.".
7.307
.5.211
i.;>iix
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies 9
bil $
Bonds (book value), domestic and foreign,
total
bil $
U.S. Government
do
State, countv, municipal (U.S.).
_do._.
Public utility ( U S )
do
Railroad (US )
do
Industrial and miscellaneous (U.S.)
do
Stocks (book value), domestic and foreign, total
bil. $._
Preferred (U.S.)
do
Common ( U S )
do
Mortgage loans, total
do
Nonfarm
do
Real estate
_
do
Policy loans and premium notes
__ do
Cash
do....
Other assets
do
Payments to policyholders and beneficiaries in
U.S., total ._ . _
mil $
Death benefits
do
Matured endowments
do
Disability pa yments
do
Annuity payments
__ . .
do
Surrender values.._ _._
do
Policy dividends
do"
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) : 9
Value, estimated total
mil. ?_.
Ordinary
do
Group find wholesale
do
Industrial
do
cf Other than borro\viii
the Budget).
734. 2
298. 4
59. 6
64. 2
149. 4
1,51 6
777. 1
323. 2
59. 5
1 1. S
69. S
147.7
165.0
I). 586
4, 531
4.67ti
n.i
J.472
583 !
'i. 621
1.35S
,~S7
7 49. 6
:u(>. 5
12. 1
6S 2
1 12. 7
153 8
(i. SIS
4. 744
1 . 4N.5
;\N9 !
1 . 1 t.S
Mo
6.38
4.09
16. 40
3. 60
; . 1 73
560
46.05
42. 69
4 12
6. 15
1.27
5. 17
i.' :<'<>
621 '
46.38
43.00
68. 9
133. 2
(>•'> 7
316 7
S. 131'
592
:.,:«•)
' '-,31
<j5 9
152. 6
1 4° 5
\ 67 1
4.117
1.040
M4
4.579
1, 197
,"67
47.62
"Vx
29.44
44.62
4 91
6.40
1.21
5.70
004 4.
•iprr i
67. 3
12. 6
73 3
1 5r, 0
69.4
13.fi
73 9
154.2
.=>'. 329
1.M1
632
,"). .",".1
1.^2
u*)
6, '*71
5.115
1 268
5 XX
WM for ' L T icci'ij.T"' uiid total i'\pt-nilil>m». reflect exclusion of c-.rtai.< i n t e r f u u - l transficfioii^. ;
? R o ^(.nx v ; li l e vh-nMi laT-r us follonx- A-,^ts, all life insurance cos., Jan. l%;>-Julv
1%1: msunuKf \ \ r ' t l " n , 19hl-April l')fi 9 .
SURVEY OF CURRENT BUSINESS
August 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-19
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Feb.
Jan,
Dec.
Mar.
Juno
May
Apr.
July
i
FINANCE—Continued
LIFE INSURANCE— Continued
Premiums collected (LIAMA):*
Total li fe insurance premiums
.
Ordinary
.
Group and wholesale
Industrial
..
mil. $__
do
do
do
1.001
735
146
120
1,047
773
155
118
1.016
758
151
108
1,034
768
158
108
962
720
139
103
1,076
797
168
no
1,025
769
150
106
1,234
827
176
231
16. 098
16. 067
2
63, 1 50
2, 335
15, 978
-19
28. 053
2.130
15, 977
26
6, 936
1 903
— 20
45. 093
86 442
16,975
76. 100
1,048
775
163
109
1,142
1, 031
774
154
103
1. 121
852
166
103
1 089
819
165
104
1 110
833
165
113
1, 066
804
159
102
15, 878
—47
45, 024
2 024
15, 878
48
36
1 84?
15. 877
27
338
1 38°
15. 797
15,733
79, 100 80 600
1 1 , 800 12 400
3 600
866
166
no
MONETARY STATISTICS
Gold and silver:
Gold :
1
Monetary stock, U.S. (end ofyr. or mo.), mil. $._ 16, 889 1 15, 978
-5
-66
~N~et release from earmark^
do
64, 583 31,747
Exports
_ _.
__ thous. $
4,684
12.
578
Imports
do
2101,200
do
66, 900
do
_ do ... 13,000
4, 600
do
Production world total
74. 400
South Africa
12.100
Canada
.__ .
r 4, 500
United States
Silver:
3, 154
1 , 262
Exports
_
-.
. ... do
3. 786
6, 205
Imports
do
.924
1.084
Price at New York..
...dol. per fine oz
Production:
2, 615
2. 556
Canada
.
thous. fine oz
3,362
3. 434
Mexico
. do
* 2, 908
3, 764
United States...
do
Currency in circulation, end ofyr. or mo
bil. $__ i 33. 9 i 35. 3
Money supply and related data (avg. of daily fig.):*
Unadjusted for seas, variation:
« 143. 2 « 146. 0
Total monev supplv
bil. $
» 29. 1 5 30. 1
Currencv outside banks
do
5 114. 0 Ml 5. 9
Demand deposits
do
« 78. 5
5 91,0
Time deposits adjustedf
do
5
M.8
6.0
U S Government deposits
_ _ . _ . . _ do
Adjusted for seas, variation:
Ci
'niitslnp banks
do
Demand deposits
do
Time deposits adlustedH
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (344 centers)*. -.ratio of debits to deposits. _
New York Citv
- --- do
6 other renters <f
do__ _
337 other reportin g centers
do
1 6. 435
-60
1 4, 000
3 340
16,147
2, 039
52 663
1 883
75, 200
76, 300
1 1 , 900
76, 600
11.800
-310
14,005
3. 100
4,000
964
1 . 023
476
5. 398
1 . 035
6,837
15,978
15, 928
-89
2 976
11,700
78, 100
12. 500
78, 500
4, 800
4.300
3. 800
74, 700
1 1 , 700
3. 700
78. 000
11, 700
3. 600
76, 500
12,000
4,600
11,000
3.000
79, 400
11, 600
3. 200
951
1.144
7, 897
1.155
960
7, 646
1.206
1 , 886
5,713
1.192
3, 350
5 270
1. 199
2. 571
4.299
3, 086
5, 187
1.256
1 , 642
7. 500
1.271
3. 327
4 606
1. 273
3, 037
3, 631
5, 157
33.9
2. 737
3, 435
3, 151
34.1
2, 601
2, 981
3, 005
34.8
2.713
3, 662
4. 545
35. 3
2, 575
3, 664
4, 186
34. 5
2 403
34.1
2. 233
3. 604
4, 135
34.3
4.103
34.6
35. 1
3
1.083
12,100
1.244
2.684
2,849
2, 984
144. 0
30.0
113.9
91.1
7.2
144.3
30.3
114.0
92. 2
7. 1
113.8
30.3
113.5
93.0
145.0
30. 3
114.6
93.8
7.2
146.5
30. 4
116.1
94.9
7.3
148.2
30.8
117 5
95.4
6.0
151.6
31.2
120 4
96. 6
5.6
151. 8
30. 5
121 3
98.4
4.8
148.3
30. 5
117 8
99.9
5. 6
147.4
30 7
116 7
101.7
5.9
149. 5
30 9
118 6
102.9
4.2
147 3
31 1
116 2
104. 0
7 0
145. 6
30 1
115. 4
90.7
145. 7
30.2
115. 5
91.8
14" 1
30 2
114.9
92 5
14.5. 3
30 2
115. 1
93.4
146. 1
30 3
115.8
94.6
146 9
30 5
116.4
96 0
147 9
30 6
117.3
97 5
148 7
30 7
118 1
99 1
148
30
117
100
148
31
117
101
149
31
118
102
1 49 4
42.1
77.3
42.1
28.6
41.9
78.8
41. 1
28.3
41.7
82.2
41.8
27.3
43.5
82.9
43.7
28.5
42.9
80.7
43. 5
28 5
44.2
88.9
43.4
27.7
43.6
83.7
44.1
28 8
3,052
33.9
2,408
3, 623
2,883
33. 9
r
2, 289
3, 241
4,722
r
6
9
7
3
9
1
8
8
38.2
70.0
36.9
26.2
41.5
77.8
41.2
27.7
41.6
77.3
41.3
27.8
« 3, 828
6331
6 70
e 4, 432
« 342
688
4,649
344
89
4, 236
397
86
4 838
357
105
4 0?4
279
64
Ml
157
560
809
145
133
180
55
169
601
699
191
156
192
63
155
551
775
199
104
111
35
161
568
965
133
130
165
27
123
511
907
25
125
168
"265
o 256
152
327
307
187
387
315
168
333
291
134
304
349
116
290
574
6372
8430
110
572
508
120
645
499
106
331
564
118
743
57?
92
639
361
» 2, 138
6 2, 320
43.6
84.6
42.7
28 3
r
44.0
85.8
43.1
' 28 3
2,618
6 854
1 . 277 " 1 290
1 279
3,185
3. 359
33. 8
35.5
148 2 i
31 4 i
116 7
105.0 |
74
145) 4
31 8
1 17 6
106.0
77
8 (
6 '
2
5 1
1 r)() 7
31 6
1191
105 ~>
1 49
31
118
104
4
9
2
6
118 1
103 7
44.3
82 2
44.2
99 6
44.2
85 0
43 1
99 i
42.5
79 3
42.8
9g i
01
15.633
— 39
15
140
9 140
0
r
45.8
85 1
46 8
30 2
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 re fin in sr
do
Stone, clav, and glass products
do
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinerv, and transport equip )
mil $
Machinerv (exceDt electrical)
__
do
Elec machinerv, 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 (Eederal Reserve)
mil $
Transportation and communications (see p-p S-23
and S-24).
,28
" 146
* 511
e 772
«136
8 122
«201
6 111
M71
2,123
2, 112
2 844
513
472
488
508
2,498
2,422
6
626
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds, total .
. mil $
By type of security:
Bonds and notes, total
do
Corporate.
do
Common stock
do _..
Preferred stock. _ .
„ . _
do
By type of issuer:
Corporate, totalO
do
Manufacturing _ ...
do
Extractive (mining).
do
P u bl 5 c u t ili t y
do....
Railroad
_ _ _ .-. ...
... do
Communication
do
Financial and real estate
do
Noncorporate, totalO. _
U.S. Government
r
2
-
do
do
2, 958
2,648
1,663
4, 056
2, 352
751
110
36
2, 253
1,063
124
46
1,598
565
32
32
3, 974
840
58
24
343
22
253
15
152
190
897
274
19
237
20
109
155
1.232
361
23
473
18
80
173
630
250
5
124
9
93
110
922
1, 862
1,021
1 , 600
716
1 190
363
1 033
358
785
273
37
1,096
(")
255
56
123
190
3 135
2,408
Revised.
i End of year.
Estimated; excludes U.S.S.R., oilier Eastern European
countries, China Mainland, and North Korea. Comparable data not shown in 1961 BUSINESS STATISTICS volume.
a Effective Aug. 1962 for silver in commercial bar form
(priced V\ cent higher than on former basis; Mo cent higher effective Nov. 15,1962).
* Based
on refinery production 5 (U.S. Bu. of Mint data); not 8 comparable with data through 1961
previously shown.
A venire of daily figures.
Quarterly average.
"Less t h a n
$500,000. "
"
1 , 568
1,408
472
110
51
2, 150
1 821
2 708
2 166
2. 027
853
74
49
1.768
732
28
24
2, 025
1 072
65
59
2, 606
593
71
30
2.072
976
167
21
1 197
381
51
280
37
r
>8
265
695
64°
1~
94
147
14
6Q
114
6()
93
6
262
228
784
275
g
228
25
4
185
035
300
1 174
359
1 036
327
190
21
165
2 149
181
99
197
94
548
17
2 830
r 2 927
r
2 783
5 O r >4
2. 740
1 273
74
17
r
r
2, 687
1942
1 133
75
38
1 363
630
11
161
43
46
291
2,711
r \ 2J4
r 26
T \ ~r
r
16
434
"" 774
425
r '748
r 3
r
11
283
84
r 79
r 3^7
'?16
1 246
239
83
413
.,,. -- 285
274
1 467
295
78
17
191
1 1 4 '}
109
*Ne\v series. Back data for premiums collected and turnover of total
are available upon request; those for money supply, etc., are published
Federal Reserve Bulletin (see also Oct. 1960 Bulletin for concepts ami i
2 252
SURVEY OF CUEKENT BUSINESS
S-20
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1963
1962
1962
Monthly
average
August 1963
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
New corporate security issues:
Estimated net proceeds total
mil $
Proposed uses of proceeds:
New monev total
do
Plant and eouipment
do
^Vorkinsr capital
do
Retirement of securities
-- do
Other purposes
do
Stare and municipal issues (Bond Buyer):
Tvon^-term
do
Short-term
do
f
1,073
881
1,214
621
907
618
961
776
1,184
684
631
1.349
902
628
274
75
96
694
475
219
63
124
953
713
240
82
180
504
329
175
39
78
620
382
237
159
129
441
314
126
39
138
111
467
259
126
108
494
263
230
73
209
923
616
306
81
180
563
378
185
72
50
448
319
129
37
146
1.056
755
300
205
88
812
529
283
104
118
830
r
498
'332
M19
'74
697
376
713
397
760
375
641
301
559
573
426
172
646
285
595
590
547
351
999
304
810
467
989
457
915
962
902
206
1430
i 4, 294
11,219
i 3, 003
1405
i 4, 149
11,216
i 2,820
437
3, 637
1, 374
2, 239
415
3, 592
1, 252
2.124
388
3. 796
1. 130
2. 506
380
3, 914
1.091
2, 738
397
3,889
1.126
2, 625
385
3, 975
1,151
2, 586
405
4,149
1,216
2,820
414
4,236
1,199
2,927
422
4, 355
1.191
3.094
399
4,358
1,175
3,192
415
4, 553
1,201
3. 272
418
4,762
1,166
r
3. 688
407
4.930
1. 152
3. 953
93.81
93.91
85. 70
93.02
93.13
84.82
92.97
93. 08
84.61
93. 76
93. 87
85. 88
94. 16
94. 27
85 94
94. 57
94.68
86.27
95. 03
95. 13
87.18
94.97
95.05
87.76
96.2
112.1
86.94
96.3
111.2
87.61
95.9
110.2
86.07
9f>, 7
110. 1
86. 64
96.3
112. 1
87.02
97. 3
114. 4
87. 73
97.4
114.5
87.96
97.3
113. 0
87.96
97.6
113.0
87.81
97.8
112.1
87.33
97.8
113. 3
87.15
97.4
113.1
86.63
97.1
112.6
86.66
97.1
110.7
86.36
144. 14
148. 83
246. 49
249. 77
151.86
156. 85
117.84
125. 30
91.01
94. 62
112.30
136. 16
128. 56
135. 57
127. 49
132. 09
128. 43
132. 21
111.87 ' 100.64 139. 00
126. 08 r 108.50 139. 12
151.22
151.22
126. 55
127. 69
138. 80
143. 27
238. 82
241.24
148.25
152.98
112.35
119. 58
85. 01
90.10
105. 49
128. 67
122. 72
129. 41
122. 99
126.99
123. 26
126. 26
107. 89
121.64
95.66
102. 80
133. 39
132. 71
142 5?
142. 91
119. 4S
122. 36
121. 21
113.42
7.79
184.88
176. 26
8.62
118. 51
108. 52
7.97
95. 86
88.71
7.16
81. 52
75. 06
6. 46
100. 62
89. 22
11.39
118. 29
110. 60
7.70
108. 57
99.67
8.90
117.64
107. 97
91,35
124. 31
126 28
104. 26
108. 51
105. 43
1.73
105. 51
102. 42
1.74
105. 47
102. 37
1.76
108. 52
105. 36
1.80
111.37
108. 22
1 . 79
111.69
108. 52
1.80
113.07
109. 85
1.84
111.09
107. 80
1.85
116.51
113.30
1.90
115.65
112.25
2.02
113. 42
109. 97
2.06
113.45
109. 98
2.08
115.74
112. 25
2.10
118.28
114.80
2.09
118. 10
114. 62
2-09
118. 99
115. 48
2.11
116.98
113.41
2.11
percent
4.66
4.62
4.59
4.63
4.64
4. (U
4.57
4. 55
4.52
4.49
4.48
4.46
4.47
4 47
4 47
do
do
do
_ do
4.35
4.48
4.70
5.08
4.32
4.47
4.65
5.02
4.28
4.44
4.62
5.02
4.34
4.49
4.65
5. 05
4.35
4.49
4.66
5.06
4.32
4.46
4.62
5. 03
4.28
4.41
4.61
4.99
4.25
4.40
4.59
4.96
4.24
4.38
4.54
4.92
4.21
4.37
4.48
4.91
4.19
4.36
4.46
4.89
4.19
4 32
4.45
4.88
4.21
4.35
4.46
4.87
4
4
4
4
99
36
46
85
4. ?3
4 36
4 45
4.84
do
do
do
4.54
4.57
4.86
4.47
4.51
4.86
4.45
4.47
4.86
4.52
4.48
4.90
4.51
4.50
4.90
4.45
4.49
4.88
4.40
4.46
4.85
4.39
4.42
4.83
4.40
4.41
4.76
4.38
4.38
4.72
4 37
4.37
4.69
4 38
4.37
4.63
4.40
4.39
4.63
4 40
4.39
4 63
4 40
4.40
4 61
do
_do
_do
3.46
3.46
3.90
3.14
3.18
3.95
3.24
3.24
3.90
3.33
3. 30
4.02
3.14
3.31
3.97
3.06
3.18
3.94
3.01
3.03
3.89
3.10
3.03
3.87
3.05
3.12
3.87
3.18
3.12
3.88
3.12
3.18
3.92
3.06
3.11
3.93
3.11
3.11
3.97
3 16
3.15
3.97
3 22
3.27
4.00
Cash dividend payments publicly reported:
Total dividend payments
mil. $ _ 214,154 215,076 2, 086. 2
1, 034
1,230
' 1, 323
783
512
271
217
230
r
1.072
'544
759
320
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Customers' debit balances (net)
Customers' free credit balances (net)
Monev borrowed
do
do
do
Bonds
Prices:
Average price of all listed bonds (N.Y.S.E.),
92.98
total?
dollars
93.12
"Domestic
do
83.22
Foreign
do
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- issues):
Composite (19 bonds) d"~-dol. per $100 bond. . 95.2
107.8
Domestic municipal (15 bonds)
_do
87.55
IT S Treasury bonds taxable f
_
do
Sales:
Total, excl. U.S. Government bonds (SEC) :
A l l registered exchanges:
168. 56
Market value
mil $
162.82
Face value
do
New York Stock Exchange:
163. 70
Market value
do
159.05
Face value
_ _ _.
do
New York Stock Exchange, exclusive of stopped
136. 34
sales, face value total §
-mil $
130. 51
"Domestic
do
5.83
Foreign
- do
Value, issues listed on N.Y.S.E., end of month:
Market value, total, all issues!
bil. $_. 108. 34
105. 50
Domestic
do
1.58
Foreign
_
_ _ _ _ _ _ do_ __
Face value, total all issues §
Domestic
Foreign
Yields:
Domestic corporate (Moody's)
By ratings:
Aaa _
Aa
A ._ _
Baa
By groups:
Industrial
Public utility
Railroad _
_
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor'vS Corp. (15 bonds)
U.S. Treasury bonds, taxable©
do
do
do
96.6
110.3
86. 16
....
95.87
3 12
3.29
4.01
Stocks
994. 8
395.4 2, 137. 9
1,025.3
412.1 2, 968. 2 1, 098. 9
520.1 2, 164. 1 1, 038. 5
409 7 2,321.1 1.081.5
do
do
do
2 2, 160
2 7, 346
2544
2 2, 360
167.6
2 7, 823 1,354.5
2549
108.5
197.4
338.6
10.5
229.4
93.2
135. 5 1, 352. 3
105. 5
3.0
194.5
361.8
11.4
389.2
104.6
140.2 1, 906. 3
168.3
2.8
275.3
316.9
14.6
181.8
197.0
139.9 1,388 1
2.6
112.4
203.3
353.3
13.9
197 1
99 2
145 0 1 546 4
112.2
4 5
220 7
355 5
15.5
do
do
do
do
do
2 1, 283
2
1, 692
2356
2578
2195
2 1. 773
2353
2606
2201
113.0
199.1
56.6
59.3
27.6
235.7
123.8
16.9
59.8
12.1
2.9
118.6
8.7
23.5
10.0
112.8
201.3
50.7
58. 4
27 5
236.4
124.8
19.7
62.4
14.3
3.3
124.9
5.7
21.6
9.0
117.4
207. 8
77.1
66.2
35.9
236. 2
126.7
31.6
79.6
18.0
2.5
125. 2
8.6
49.9
9.6
117.7
208 3
55.5
54.6
30.5
239.6
131.0
20.2
60.2
17.0
3.6
127 8
5 5
22 4
8 7
102.8
258.4
133 9
16 7
64.2
16 6
5.70
6.07
2.81
3.37
4.21
5. 18
5.99
6.43
2.97
3.36
4.30
5.31
5.97
6.41
2.98
3.35
4.30
5.29
5.97
6. 40
2.98
3.35
4.30
5.29
5.97
6.40
2.99
3.35
4.30
5. 32
5. 97
6.40
3.02
3.34
4.30
5. 32
5.91
6.29
3.03
3.39
4.30
5.32
6.13
6.63
3.05
3.39
4.30
5.32
6.15
6.64
3.07
3.42
4.35
5.65
6.21
6.71
3.07
3.42
4.44
5.80
6.22
6.73
3.10
3.42
4.44
5. 80
6.24
6.75
3.10
3.42
4.44
5.84
6.26
6.76
3.16
3.42
4.45
5.84
6.40
6.97
3. 16
3.48
4 45
5.84
6.40
6.97
3 n
3.48
4 45
5.84
185. 66 177.87 157. 34 168.24 170. 51
Price per share, end of mo. (200 stocks) 9 ..do
199. 90 189. 95 168. 00 178. 96 181.40
Industrial (125 stocks)
do
81.74
87. 72
90. 12
Public utility (24 stocks)
do ._ 90.55 91. 50
68.26
63.39
57. 19
58. 27
59. 25
Railroad (25 stocks)
do
r
2
Revised.
1 End of year,
Annual total.
§Data include bonds of the International Bank for Reconstruction and Development not
shown separately; these bonds are included in computing the average price of all listed
bonds.
161. 75
172. 29
87.42
56. 07
164. 02
174. 24
86.83
58.66
179. 59
192. 36
92.64
67.43
182. 43
194. 69
96.49
68.04
191.25
204. 07
102. 52
71. 41
185. 31
196. 71
99.88
70. 90
191. 72
204. 94
101. 40
72.32
201.02
216. 41
102. 94
77.98
204. 25
221 41
103. 80
82.68
198. 62
214 45
102 10
82. 42
Finance __ Manufacturing
Mining
Public utilities:
Communications...,
Electric and gas
Railroads
Trade
Miscellaneous
_,
„
_
__
Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate (200 stocks)
dollars __
Industrial (125 stocks).
do
Public utility (24 stocks)
do
Railroad (25 stocks).
do.
Bank (15 stocks)
_
do
Insurance (10 stocks)
do
21,411
919 2
59 2
61.3
29 9
cfNumber of bonds represent number currently used; the change in the number does not
affect the continuity of series.
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more,
9 Includes data not shown separately.
August
SURVEY OF CURRENT BUSINESS
1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961 | 1962
Monthly
average
S-21
1963
1962
June
July
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Mar.
Feb.
Apr.
May
June
July
FINANCE— Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's) :
Yield (200 stocks)
percent. _
Industrial (125 stocks)
do
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
do
3.07
3.04
3.10
4.94
3.18
2.31
3.37
3.39
3.25
5.30
3.31
2.48
3.79
3.82
3.65
5.86
3.74
2.86
Earnings per share (indust., qtrly. at ann. rate;
pub. util.and RR. , for 12 mo. ending each qtr.):
Industrial (125 stocks)
dollars
Public utility CM stocks)
do
2
4.33
2
19.61
3 94
i 11.10
M.73
2
5. 73
11.10
4.50
4 99
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp )
percent--
4.66
4.50
4.52
4.59
4.55
4.50
4.49
4.45
4.42
4.34
4.27
221. 07
639. 76
121. 75
132. 61
198. 94
572. 64
109. 17
121. 64
203. 10
581. 78
113. 91
122. 75
208. 94
602. 51
118. 93
121. 89
207. 82
597. 02
120. 53
119. 76
202. 73
580. 65
117. 77
117. 58
218. 35
628. 82
122. 34
130. 29
227. 22
648. 38
127.37
138. 98
237. 51
672. 10
133. 56
148. 25
241. 13
679. 75
135. 86
151.85
Prices:
232. 44
Dow- Tones averages (65 stocks)
691. 55
Industrial (30 stocks)
117. 16
Public utility (15 ^tocks)
143. 52
Railroad (20 stocks)
- -_
Standard & Poor's Corporation:^
Industrial, public utilitv, and railroad:
Combined index (500 stocks)
1 941-43=10— 66.27
3.55
3.58
3.40
5.75
3.45
2.68
3.50
3.53
3.32
5.65
3.43
2.63
3.69
3.71
3.45
5.96
3.70
2.85
3.60
3.61
3.49
5.78
3.62
2.78
3.41
3.45
3.29
5.03
3.36
2.44
3.37
3.41
3.18
5.03
3.27
2. 53
3.36
3.42
3.10
4.82
3.17
2.47
3.25
3 29
2.99
4.79
3.16
2.41
3.25
3 29
3.06
4.73
3.19
2.45
3.11
3 12
3.07
4.39
3.15
2.42
3.13
3 15
3 04
4.21
3 14
2.50
3.22
3 25
3 14
4 22
3 22
2.55
4.24
4.31
4.29
4.29
4.34
239. 67
674. 63
134. 87
151. 72
249. 58
707.12
137. 57
158. 36
256 36
720. 84
140 30
167. 48
257 30
719. 14
139 86
171. 89
252 72
700. 75
138 73
170. 62
13.00
4.73
5 73
9.50
4.57
5 05
11.25
4 80
5 85
62.38
55.63
56. 97
58.52
58.00
56.17
60.04
62.64
65. 06
65.92
65.67
68.76
70. 14
70.11
69.07
69.99
67.33
57.01
60. 20
32.83
65. 54
58.15
54.96
59.16
30.56
58.32
50. 18
48.98
53.32
28. 05
59.61
51. 08
49.82
55. 51
28.29
61.29
52.91
51. 17
56. 96
28.09
60.67
52. 08
50.60
56.96
27.68
58. 66
50.83
49.06
55. 63
27.40
62.90
56.05
52.42
57.69
30.47
65.59
57.54
54. 52
60.24
32.24
68.00
59. 19
56.37
63. 35
34.06
68.91
59.93
57.47
64.07
34.59
68.71
59. 28
57.55
63. 35
34. 60
72. 17
62 07
60.29
64.64
36.25
73.60
64 43
62.18
65 52
38. 37
73.61
64 03
62. 32
64 87
39.34
72. 45
61 82
61.41
64 47
38.75
33. 75
70.78
45. 42
33.75
66.19
43.35
29.69
58. 45
38.36
31. 02
59. 88
38.52
32.35
61.93
40.72
31. 33
61.23
39.79
30.26
59.00
37.47
32.37
64.00
41.93
34. 35
67.71
44.66
35.39
70.01
47.17
37. 18
73.29
48.96
35. 86
72.22
47.93
35.96
74.66
48.94
36.68
75. 65
48.22
37.01
75. 85
46.97
36.87
75.29
46.41
5,317
168
4, 561
139
6,728
204
4,291
131
4.117
132
3, 393
104
3,990
126
4,596
144
4, 426
143
5,016
159
4,298
130
4. 019
'122
5.485
160
5,592
169
5,036
149
4,392
108
3, 945
99
6,034
156
3,789
99
3, 575
96
2,930
74
3.518
93
4,040
107
3, 857
103
4,357
117
3,741
97
3.485
91
4,794
121
4,849
126
4,279
107
85
80
100
74
77
03
79
96
81
101
79
75
107
105
91
76
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
-nil. $-- 358. 93
Number of shares listed
millions-- 6, 752
339. 29
7,464
298. 97
7,485
318. 84
7,533
324. 51
7, 552
308. 44
7, 561
309. 23
7,611
341.14
7, 621
345. 85
7, 659
363. 22
7, 692
354. 33
7,719
365. 93
7, 750
383. 59
7,793
389. 90
7 881
383. 00
7 923
382. 21
7 952
Industrial total (425 stocks) 9
. do
Capital goods (1^3 stocks)
do
Consumers' goods (103 stocks)
do
Public utility (50 stocks)
do
Railroad (25 stocks)
do
Banks:
New York City (10 stocks)
_ _ . do._Outside New York City (16 stocks)
do
Fire insurance (16 stocks)
do - _
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
- -- -- —mil. $_Shares sold
millions- _
On New York Stock Exchange:
M^arket value
-- mil. $__
Shares sold (cleared or settled) __ ...millions-Exclusive of odd -lot and stopped stock sales
( N Y S E • sales effected)
million s__
r
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Indexes
Exports of U.S. merchandise:?
Quantity
_ ._
Value
Unit value
_ _.
-
1957 59-100. .
do
do
Imports for consumption :J
Quantity
Value
Unit value
-
-
-
do
do
do. _
108
111
103
* 112
P115
"103
124
126
102
107
109
102
105
107
102
110
112
102
100
103
102
115
118
102
118
121
102
62
64
103
130
134
103
132
135
103
128
131
102
108
*122
pl!7
pQ5
119
114
96
120
114
95
124
118
95
123
116
94
129
123
95
134
126
94
121
115
95
103
98
95
123
118
95
128
122
95
132
125
95
11,046
17, 865
10, 150
15, 921
10, 987
16, 990
10, 906
16, 104
10, 181
16, 668
10, 364
15, 630
9,581
15, 323
5, 137
13. 865
1,974.0
1,897.6
1,707.4
1,619.9
1,681.3
1,633.3
1,760.2
1,7100
1,613.2
1,582.6
1,851.1 1,902.0
1,791.4 1, 863. 7
1,838.3
1,728.9
1,687.3
1,943.3
1,492.8
1,695.2
1,838.9
105
97
Shipping Weight
Waterborne trade:
9,984
Exports, incl reexports!..
,
thoos. Ig. toiis.. 9, 526
Qeneral imports
do_ _. 13, 984 15, 688
Value t
Exports (mdse.), incl. reexports, total^
mil. $ . 1,746.8 1,802.4
1,679.4 1,741.7
Excl Dept. of Defense shipments
do
Seasonally adjusted*
By geographic regioris:A
Africa
Asia
Australia and Oceania
Europe
do. _.
_
do
do
do _ .
do__-_
_ _
Northern North AmericaSouthern North America
South America
__.do
-do
__do
Bv leading countries:
Africa:
United Arab Republic (Egypt Reg.)
Republic of South Africa
r
x
do
do_. _
1,01 1.0 4 2,104.8 2,124 7 2 057 3 2, 162. 6 1 863 0
960. 4 42,020 0 2,058 1 1 968 0 2 069 2 1 776 6
4
4
982. 1
4
2, 130.6 1, 990 8 1,918 1 1, 900. 5 1,813 6
69.3
342.6
33.6
536.2
81.7
343.7
39.1
542.7
88.7
359.6
41.9
574.0
78.6
326.6
41.7
473. 3
73.6
319 5
39.6
493.6
80 3
334 5
52.3
544. 9
60 1
289 2
36. 6
483.4
92 0
362 8
36.9
560. 1
84.8
410 1
41.5
580.6
13 5
184 8
17.7
258.6
98 5
427 8
48 9
692.1
99 1
469 9
41 9
670. 0
96 1
402 6
42 7
630. 1
92 9
398 4
49 6
659.1
303.6
122.7
187.3
319.2
129.5
167.1
370.1
134. 9
185. 4
313.6
118. 7
150.4
304.4
127.1
173.5
290.6
129 2
171.6
341.5
134 5
133.1
314. 6
151.1
157. 5
308.8
150 6
161.8
268.0
91 9
43.8
296.9
141 9
170 4
316.4
154 0
177 8
344.0
150 6
180.9
388. 4
156 5
191.1
13.6
19.0
19.5
18.6
22.4
22.2
22.3
20.2
16.7
15.0
13 9
19.9
6 2
14.5
16 6
17.9
11.9
22.9
2 0
20 2
29.8
19 4
25.1
30 3
23.3
20 1
20.8
Revised.
» Preliminary.
Quarterly average at annual rate.
2 F0r 12 months
s
ending Dec.
Note that all figures on this line are on basis of sales cleared or settled
during
indicated month; clearances usually occur about 4th day after transaction date.
4
Jan. and Feb. data reflect effects of dock strike and its aftermath.
cf Number of stocks represents number currently used; the change in number does not
affect continuity of the series.
9Includes data not shown separately.
JRevisions for various periods prior to 1962 will be shown later.
4
4.3
§Exciudes "special category" shipments and all commodities exported under foreign-aid
programs as Department of Defense controlled cargo.
^Includes grant-aid shipments under the Dept. of Defense Military Assistance Program,
as well as economic aid shipments under other programs.
*New series. Revised data prior to 1961 may be obtained from Bu. of Census reports.
A~Excludes "special category" shipments.
SURVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
August lt>03
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOREIGN TRADE OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value t- Continued
Exports (rnclse.), incl. reexports— Continued
By leading coun tries— Continued
Asia and Oceania:
Australia, including New Guinea
mil. $..
State of Singapore
do
India
_.do_ _.
Pakistan
do
Japan
_
do. _ _
Republic of Indonesia
-- --do
Republic of the Philippines
do
Europe:
France
do
East Germany
- do
West Germany
do- _
Italy
_do_ _
Union of Soviet Socialist Republics
do
United Kingdom
do_
North and South America:
Canada
do
26.8
3.9
40.2
16.3
144.9
11.2
27.8
33.4
4.3
55.7
23.7
117.8
10.0
22.4
35.2
5.4
68.2
31.9
117.2
11.2
22.8
35.4
3.3
75.0
35. 7
96.9
7.0
21.7
33.4
4.1
57.0
28.9
102. 1
9.3
21.5
45.5
5.3
53.0
30.6
109.7
12.2
23. 8
30.9
2.9
51.3
17.9
95.0
11.3
19.3
32.8
5.3
66.1
28.8
121.9
5.5
23.4
35.0
5.9
71.7
27.0
138.8
6.6
25.5
15. 5
2.2
22.9
8.3
72.1
11.0
11.0
39.9
4.7
61.0
28.1
169.3
6.9
27.9
35.1
4.6
83.0
38.2
163.0
13.2
35.0
37.7
5.4
66.7
43.0
129.3
7.6
26.8
39.0
4.5
70.9
30.7
134.1
8.2
29.6
47.1
.2
89.4
66.2
3.6
94.2
48.8
.1
89.7
64.0
1.3
89.6
50.3
.1
95.3
72.3
2.8
77.8
35.7
.1
82.0
48.7
1.0
83.6
40.3
.1
84.2
58.9
1.4
75.6
46.8
.1
85. 1
58.5
.7
110.8
37.2
.1
77.9
61.3
.4
89.2
47.3
.4
87. 5
70.7
.7
97. 9
56.6
.1
103. 5
70.9
.3
99.7
32. 9
0)
43.8
31.7
.1
47.6
67.1
.4
119.5
83.2
1.8
106. 0
70.7
.1
111.2
73.2
.9
107.7
57.6
.2
90.6
77.5
.8
91.0
56.6
1.1
90.3
84.2
2.1
93.9
303. 6
319.1
370. 1
313.6
304. 4
290.5
341. 5
314. 5
308. 8
268.0
296.9
31 6. 4
344.0
388.4
291.9
274. 5
272. 3
237. 9
243.4
278.9
37.8
19.1
29.4
32.5
24. 1
23.8
39. 1
42.9
33.4
36. 5
32. 3
34. 0
12.3
13.8
16.7
17.9
12. 2
11.2
22. 2
12.1
17.4
20.8
20.1
14.2
0
0)
0)
0)
(')
0)
59.9
71.8
69.0
64.8
62.9
83. 5
41. 1
32.2
40.9
38. 0
40.5
33.6
1,952.3 1 ,689. 8 1 ,660. 9 1,741.3 1 ,592. 9 1,824.3
282.2
21.6
40.9
13.9
13.9
13.0
69.8
42.3
1,876.8
268. 5
284. 5
do
31.2
35.4
do- -35.4
41.2
do
14.2
19.1
do
18.9
20.4
- do
1.1
1. 1
do.. 65.8
67.7
do
39.0
43.0
do
1 .726. 4 1,779.9
...do
Latin American Republics, total 9
Argentina
Brazil
Chile
Colombia
Cuba
IVTexico
Venezuela
Exports of U S merchandise, totall
By economic classes:
186.2
212.0
Crude materials
- do
167.3
Crude foodstuffs
- do__ - 158. 1
113.8
95.9
Manufactured foodstuffs and beverages_-_do
1
253.7
273.9
Semimanufactures C?
do
986.5 1, 058. 8
Finished manufactures cf
- do
By principal commodities:
419. 3
\°ri cultural products total 9
- - do- -- 418. 7
44.8
73.7
Cotton, unmanufactured
do
35.8
32.9
Fruits, vegetables, and preparations _ -do -_
170.7
157.8
Grains and preparations
do
25.0
27.4
Packinghouse products
do.
40.9
41.6
Tobacco and manufacturesA
do
1,307.7 1, 360. 6
Nonagrl cultural products, total 9
do
113.5
100. 1
Automobiles, parts, and accessories
do
149.5
143.8
Chemicals and related products!-do
32.1
29.1
Coal and related fuels
do
50.9
68.7
Iron and steel products
do
204. 0
190. 1
127.8
264.0
1,166.4
192.4
153. 3
106. 0
227. 3
1,010.7
154.4
153. 1
109.7
265. 5
978. 2
470.8
59.0
39.3
188.4
36.7
40.2
1,481.5
113.6
158.8
35.3
50.7
402.0
66. 2
34.0
151.5
24. 7
36. 3
1,287.8
91.0
141.9
30. 6
39.3
359. 4
19.9
35.7
152.7
23.2
37.8
1,301.5
88. 1
149.5
41.3
59.4
432.9
492.0
395. 9
423. 3
412.5
Machinery, total§Q _
-do
13.2
16. 7
12. 1
14.9
12.0
Agricultural
-_do_ ..
30.2
34.2
31.
3
29.4
29.9
Tractors, parts, and accessories
do
105. 0
115.3
105. 1
98 6
94.3
Electrical
do
43.8
40.1
50.5
40.9
41.3
Metalworking§
do
207.6
241. 4
193. 6
188. 9
205. 5
Other industrial
do
36.9
39. 6
37.7
37. 1
37.4
Petroleum and products
_. do 57.3
59.9
59.2
48. 1
56.8
Textiles and manufactures
do -_
1,226.1 1,366.4 1,348.1 1,337.2 1,356.0
General imports totalQ
do
1,312.4 1,361.8 1,364.2
Seasonpllv adiusted*O
do
Bv geographic regions: O
63.2
56. 0
61. 8
50.4
00. 4
Africa
do
242. 6
247. 1
26( i. 8
215. 2
262. 7
Asia
-_
do
34.2
36. 6
26. 7
46.7
31.9
Australia and Oceania
do
385. 3
362. 7
361. 5
345. 0
366. 1
Europe
do
304.9
338.8
272.6
318.0
313. 3
Northern North America
__ do
109. 1
123. 1
107.6
109. 5
113. 6
Southern North America
do__
204.
1
199.
3
196.
6
186.
1
199. 7
South America
do
Bv leading countries: O
Africa:
2.1
2.9
3.2
.9
3.9
United Arab Republic (Egypt Reg.).__do
21.4
15.6
16. 9
17.4
18.8
Republic of South Africa
do
Asia and Oceania:
24.4
28.8
22.9
15.4
19.1
Australia including New Guinea
do
1.2
1.2
.8
1.4
1.2
State of Singapore
do
19.2
21.3
16.1
21.0
21.3
India
do
2.3
3.0
3
5
2.7
3
1
Pakistan
do
131.8
120. 0
113.1
116.7
87. 9
Japan
do
9.9
12.3
12.9
11.2
13.6
Republic of Indonesia
do
32. 6
26. 4
31.2
40.3
27.3
Republic of the Philippines
do
Europe:
34.8
35.7
36.5
36.3
32.0
France
do
2
.1
.2
.3
East German v _ _do
80.1
75.' 9
74.3
71.3
79.' 9
West Germany
do
35. 9
36.3
41.7
Italv
do
31.3
37.7
2.1
1. 2
1.2
1.9
1.3
Union of Soviet Socialist Republics
do
80. 7
84' 9
83.7
79.1
74.8
United Kingdom
..
dor
2
Revised.
1 Less than $50,000.
Beginnin 4' Jan. if 63, exch ides expcjrts of ct rtain
fertilizer materials, coal-tar and synthetic resinous product s, chemi jal speci iltios, et c.; in
1962, such exports totaled $52.6 mil.
% Re visions prior to Jan. 1962 for exports and prio r to Feb. 1962 for imports will be si lown
later.
9 Includes data not shown separately.
' See simi ar note an p. S-2 1.
cf Data for semimanufactures reported as "spec ial categ 3ry, typ(* 1" are n eluded with
fin ishecl manufactures.
119. 5
281. 0
295.2
300. 7
315. 7
18. 3
3. 0
19.7
17.1
24.4
39.3
9.6
40.0
57.8
43.6
2 7
16.6
13.4
13.2
16.9
4.2
18.3
20.7
22.0
24.1
10.0
3.9
.5
7.5
11.2
51.2
63.8
69.4
74.0
73.3
42.4
15.7
53.3
40.1
51.4
992. 1 2,081.0 2. 098. 3 2, 030. 5 2. 137. 5 1.838.2
197.5
140.3
105.6
214. 9
934. 7
233. 6
212.4
180. 5
144.5
108. 9
122.7
241. 9
278. 6
1,081.7 1,096.4
226. 7
102.3
205. 0
185.8
200. 8
71.7
197.7
190.0
220. 9
235. 7
130. 6
68.5
157.1
139.1
138.9
294.9
290 0
131.9
278.6
308. 4
617. 6 1.231.2 1,256.3 1.206.1 1.253.7
396. 2
389. 2
23.2
21.8
37. 7
46. 1
153.5
136. 7
23.4
21.0
75.6
44.5
1,345.1 1.203.8
113.0
118.0
128. 2
158. 1
38.8
39.4
61.2
42.9
450.4
461.9
41.1
52.0
35.3
37.9
144.3
180.1
19.4
24.8
55. 4
54. 6
1,373.9 1,415.0
142.4
131. 1
148.0
158. 8
35.7
28.3
49. 9
47.2
498. 3
202.0
505.3
499.1
505. 8
69.6
30. 3
59. 3
41.3
42.8
34.8
28.8
37.7
31.6
••38.8
204.2
69.9
206. 6
231.6
240. 6
26. 4
12.5
27.7
'27.2
-32.3
35. 0
8.4
37.7
35.6
33.5
790.1 1, 582. 7 1 , 593. 0 1.531.4 1.631.7
132.4
65. 5
129.5
1 26. 5
129.0
278.4
175. 5
178. 6
161.0
179.0
26.9
22.1
29 8
36.3
47.2
56. 5
21.1
60.1
58. 6
64.8
406. 7
9.9
20. 4
99.7
42. 5
196.6
43.5
59. 2
1,341.7
1,476.4
389. 5
10.5
27.9
95.4
40.0
185.7
30.2
51. 1
1,438.9
1,318.9
443.6
9.9
27.8
117.6
44.2
209. 7
36.2
58. 9
1,451.6
1,431.7
62. 9
258. 0
37.4
367. 0
302. 5
105. 0
207. 0
58. 2
256. 5
36.3
417.9
325.4
111.9
231.7
60.7
262. 2
45.3
419.9
338. 9
129. 1
.193.6
(50. 0
230. 7
40. 9
388. 6
295. 8
127.3
210.2
42.3
214.1
22.1
256. 3
282.7
130. 5
167. 0
77.6
251. 5
55. 3
393. 0
267. 2
136.6
207. 5
70.3
265. 1
42.4
433.7
285. 3
131.3
234. 8
67. 4
276. 7
3L2
413. 6
327. 3
146. 7
198. 1
260' 9
36. 3
422. 1
334. 6
145.1
184. 2
58. 8
252. 5
37. 1
362. 4
342. 4
132. 7
174. 3
1.1
28.6
.6
23.6
.4
23.3
1.2
16.9
2
11.2
1.0
26.8
.7
28.0
1.4
13. 6
3.2
28.1
3.9
10. 8
25.0
.7
24. 2
2 7
129!"
8.9
22. 9
23.4
.9
20.6
2.9
128. 5
9.8
23.9
33.2
1.2
20.7
3.2
123. 6
9.7
26.6
31.1
16.2
1.1
16.6
2.0
109. 3
7.6
13.8
41.0
1.2
32.7
5.2
104.4
12.7
25.4
22.0
1.1
25.2
5.4
124.4
8.9
25.6
18.7
1.3
25. 2
3. 6
127.2
9.3
31.6
17.7
1.5
'• 28. 0
5. 0
116.6
10.1
27.4
24. 1
22.' 5
3.1
98. 1
11.0
27.6
31.0
o
83! 1
37.5
2. 1
77.0
36.5
.2
83.0
43.0
1. 1
95.8
36.7
.2
91.0
43.9
1.2
96. 4
31.8
.2
92. 2
40.5
1.0
72.6
19.3
.2
61.8
23.9
.4
54.0
33.6
.1
77.0
33.0
33.2
.8
83.6
46.7
1.3
100. 8
34.2
.2
91.2
42.6
1.4
84.6
36.9
2
86. 7
40.1
185.6
152.9
111.7
279. 0
1,012.2
34.5
39.0
171.7
26. 5
39.2
119.1
158.3
42. o
196. 9
458. 1
237. 5
516. 2
490. 5
518. 5
9.6
13.2
1"). 0
18.6
19.2
19.3
16.1
35. 0
27.9
36.2
39.6
38.4
120. 7
115.6
73.1
124.1
119.2
126.2
14.0
49. 5
49.2
44.2
43.9
44.5
236. 2
215. 9
99.6
249, 6
235. 3
253. 4
24. 7
42. 1
52. 6
41. 1
46.1
42. 8
37.1
66. 2
63. 6
24.0
66. 1
60. 3
62. 3
57. 6
1,366.5 1.116.7 1.389.5 1.462.8 1. 161. 3 1,461.5 1. 356. 5
1,371.9 1. 093. 2 1.493.2 1 , 484. 3 1.423.3 1 . 406. 2 1.410.2
II
~~
23. 3
3. 0
109. 6
9.7
35.0
36.2
.3
75. 1
38.2
1.2
83.3
84'. 3
99. 7
A Manufac tuves of tobacco a re includ ed in th e nonagr cultural products> total,
* NTew ser ies. Da a prior to Aug.
§J xcludes "special category , type 1" export s.
1960 n lay be o stained from Bu rcau of (Uensus r eports.
O Effc ctive wi th the A pr. 1962
SURVI:Y, the ii iport to a Is and ? pproprisite comp onents r(yflect rev isions to include iIrani ma
ore an d coneon trates. For eorta in receni months , the dat i bv regions and countries exclude;
impor ts imidet itified bj7 area of origin . See also note 4 fo r p! S-21.)
SURVEY OF CURRENT BUSINESS
August 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-23
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value}— Continued
General imports, by leading countries©— Con.
North and South America:
Canada
mil. $--
272.5
304.7
338.5
313.0
317. 6
302.0
325.3
338.7
295.7
282.5
267.1
285. 2
327.1
334.3
341.9
do
267.8
282.2
266.8
255.0
259.6
262.3
294.6
274.7
288.9
243.6
298 5
324.0
298.3
274.4
258.6
Argentina
do
Brazil
do
8.5
46.9
15.3
23.0
2.9
44.8
74.8
8.8
45.1
15.9
22.9
.6
48.2
81.3
9.8
35.1
19.6
20.4
I1)
36.7
85.1
7.7
37.7
20.2
22.9
0)
36.0
66.2
9.0
44.2
4.9
29.6
1
9.4
48.2
9.9
31.8
0)
34.6
75.5
7.9
42.5
21.3
38.9
9.6
53.9
8.4
14.5
0
51.1
77.1
10.8
56.7
7.6
19.5
5.9
25 4
11.3
12.0
13.2
52 4
10 1
12 7
0)
56.9
82.8
13.0
57 5
27.7
14.2
0
60.0
85.2
11.2
36 0
18.4
27.6
0
61.6
77.4
15.5
28 9
12.4
21.4
())
55.1
77.5
8.8
36 3
18.4
12.7
(i)
46.6
75.4
1,221.4 1, 354. 9
1,320.1
Latin American Republics, total?
Chile
Colombia
Cuba
Mexico
Venezuela
-do
do
do
do
do —
- -
Import^ for consumption totalO
- ---do
By economic classes:
Crude materials
do
Crude foodstuffs
do
Manufactured foodstuffs and beverages. -do
Semim anufactures
do
Finishe^l manufactures
- do
By principal commodities:
Agricultural products total 9
do
Cocoa (cacao) beans incl shells do
Coffee
- do
Rubber, crud'e, including guayule
do
Sugar (cane or beet)
__do
Wool and mohair unmanufactured
do
Nona gri cultural products total 9 -
do
Furs and manufactures
do
Iron and steel products
do
Nonferrous ores, metals, and mfs., total 9
mil. $-.
Copper incl ore and manufactures, do
Tin including ore
do.
Paper base stocks
- do. __
Newsprint
- do
Petroleum and products
.. do-- .
262. 6
143.1
133. 5
259.0
278. 5
148.1
149.8
C)
33.1
80.2
126.6
144.3
298. 8
136. 1
147.8
281.1
275. 4
136.3
160.9
49.6
90.3
0)
49.6
89.2
268.3
276.4
259.3
262.3
283.1
158. 0
159. 0
292 0
526 1
280.2
164.0
152. 7
312.8
547 1
281.0
137.3
162. 0
313 2
544 9
105. 0
174.0
293. 1
489 5
295 6
561.5
288.9
539.3
268.0
480.5
412 3
333.1
359. 1
351.2
232 6
374 0
353 0
348 2
322 9
4.4
83.3
17.3
49.9
17.6
4.8
84.1
21.9
54.1
19.4
6.3
98.2
19.3
43.2
20.7
7 9
48.7
17.3
17.7
14.4
20 4
88 5
26.3
41.7
28.4
13 1
83 2
18.0
44 1
25. 1
17 2
90 1
19.1
45 8
19.7
11 ]
71.0
17.8
48.0
18.9
1,038.2 1,032.3 1,091.0 1,110.6
491.3
489.4
504.7
504. 5
323.0
288.0
300.4
330. 2
313.1
13.4
80.3
18.0
38.2
16.5
11.0
82.5
19.0
42.4
17.4
16.7
63.9
16.0
46.7
16.3
17.6
70.4
20.7
54.9
13.1
10.0
83.3
19.1
35.4
17.0
3.5
87.2
16.9
45.2
14.6
913.8
1,032.0
8.4
37.7
9.7
47.4
6.2
51. 5
89.1
23.2
9.9
27.7
57.2
136. 9
2 95. 6
22.7
9.7
30.1
58.0
147.3
89.5
23.7
8.9
30.4
63.9
141. 5
1,032.1 1,029.8
296.3
269.1
170 8
152.2
283 6
491 2
307.6
2
264.3
276. 8
132.5
150. 8
280. 7
269.0
495. 9
0)
1,330.3 1,368.5 1,345.4 1, 424. 1 1, 469. 7 1,336.4 1.139 2 1 367 0 1 418 2 1 456 9 1 438 5 1 327 6
288.9
282.7
423. 2
o
42.0
80.4
145.7
176.3
158.2
187.0
169.0
159.6
114.0
94.4
256.2
985.2
906 6
5.6
51.1
6.6
53.7
7.0
41.2
5.4
47.6
5.5
49.9
17.7
43.3
16.6
32.6
9 7
47 0
98
52 7
103. 9
21.6
8.4
27.8
57.7
140.2
96.1
20.6
8.3
31.8
57. 7
142.1
89.6
20.4
9.9
29.8
53.2
146.2
93.2
17.6
6.7
33. 6
68.6
127.1
94.5
24.5
10.3
31.2
58.6
169.9
82.0
22.7
76
26.6
60.3
156. 7
13.0
7 8
25.9
45.7
186. 8
18 1
88
28 0
46.9
154 9
20 2
9 5
29 1
44 3
146 6
266.0
1? 1
51.5
12.8 -73.0
15.7
-
993 0 1 065 2 1 108 7 1 115 6 1 032 1
11 4
56 1
10 7
65 6
22 1
9 7
28 5
59 8
161 0
91 7
12 1
28 7
63 2
145 1
r
95
63.7
25
10
3?
57
129
4
7
1
1
7
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, tota!9
mil. $..
Transport, total 9
do
Passenger
do
Property. ._
do
US mail
-do
Operating expenses (incl. depreciation) A-do. __
Net income (after taxes'* A
do. ._
Operating results:
Miles flown (revenue)
thous_.
Express and freight tori-miles flown do
Mail ton -miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
mil-Express Operations
Transportation revenues
514. 8
570. 6
598.8
581.3
461.2
509.8
538.5
520. 0
12.9
* 516. 8
14.4
551.5
1.7
14.3
561. 1
10.7
13.3
536. 5
16.0
59, 409
45, 297
13 580
3, 996
60, 280
44. 278
13, 064
4, 280
395.9
95.3
29 8
9Q I
20 1
580
357 7
' '•' 9. 6
57, 451
37, 131
'12, 249
3,811
2,475
2,667
mil. $._
3 92. 2
3 29' 1
3 29 3
inil
19 6
604
347 4
594
r 350 8
2, 9f>3
55, 689
39, 734
11, 851
3,710
2, 660
58, 283
47, 561
12, 980
4,164
2,929
58, 182
48, 228
12, 512
3,968
2,703
559. 6
554. 9
491.8
41. 0
16.2
552. 2
d
62, 562
53, 927
14,275
4,114
2, 655
57, 630
49, 346
13, 587
3,871
2,458
567. 9
563. 7
509. 6
37.0
14 9
572 4
d
2 1
58, 677
47, 927
18,026
3,722
2, 586
15 0
61,914
43.715
13, 756
4,008
2,755
56,488
62, 735
62, 393
64, 751
64. 797
12,799
3,706
14, 382
14,191
L4, 248
13, 170
2. 890
3.431
2, 453
2. 855
4, 553
2, 986
4,484
4,974
93. 5
27.8
88.4
25.3
104. 5
31 7
94.1
27 9
4,264
Local Transit Lines
Passengers carried (revenue)
Class I Motor Carriers (Intercity)
Carriers of property (qtrly. avg. or total):
4
965
Class I Railroads
Freight carloadings (AAR).'cf 1
Total cars
Coal
Coke
-.
-.
Forest products
Grain and grain products
d
_mil. $__
do
_
thous
do
do
do
do_.
424
29
156
237
561
20 2
638
2() 3
608
2,429
2,251
422
24
142
247
r
20 3
594
373 7
20 3
587
20 3
535
20 4
575
331.9
20 4
608
20.4
618
20.4
548
2,470
1.908
402
27
132
181
2,031
406
29
139
213
2, 661
'487
38
1^6
273
2, 240
423
33
143
210
2. 389
449
35
148
205
2. 971
571
43
182
268
79.3
141
161.2
123. 7
63.0
141
132.7
112.2
58 0
2, 393
439
30
158
231
2, 885
540
29
185
248
2,043
261
19
138
216
2,300
433
23
155
214
2
' Revised.
Deficit.
1 Less than $50,000.
Beginning
July 1962, includes data for
3
refined bauxite fimports for 1961 totaled $11.1 mil.).
Quarterly average.
< Number
of carriers filing complete reports for 1961.
I See similar note on p. S-22.
O See similar note on p. S-22.
9 Includes data not
shown
separately.
ARevisions for 1961 are available.
20 2
571
331 3
1,276.7
141
120. 5
104.8
56 3
2,382
9Q 2
992
1 350 3
O T ~>eriting revenues total
nul $ 1 234 4
1, 185. 4
Expenses, total
do
71.6
Freight carried (revenue)
mil. tons..
Carriers of passengers (qtrly. avg. or total):
4
Operating revenues, total
Expenses, total
20 1
538
2, 852
540
30
184
254
444
24
150
236
499
32
165
241
2. 137
300
30
135
229
§Revised effective Jan. 1960 to reflect fares charged in U.S. cities with a 1960 population
of 25,000 or more; revisions for 1960 are shown in the Nov. 1961 SURVEY.
d"Date for June, Sept. and Dee. 1962 and Mar. and June 1963 cover 5 weeks; other months
4 weeks.
SURVEY OF CURRENT BUSINESS
S-24
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
August 11>63
1962
June
July
Aug.
Sept.
1963
OCT.
Nov.
Dec.
Jan.
i Feb.
Mar.
May
June
1 266
13
185
71
1 284
10
260
84
1 554 •
8
12
63
1 161
'96
r
96
94
95
109
97
101
106
96
109
95 •
' 100 ;
107 i
93
94
100
104
94
r 58
r 54
'76
39
' 98
'86
38
98
99
49
81 i
36
97
86
51
83
36
97
Apr.
July
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Class I Railroads— Continued
Freight carloadings (AAR)cf— Continued
Livestock
-- -- thous..
Ore
do
Merchandise 1 c 1
do
M iscell aneous
do
Freteht carloadings, seas. adj. Indexes (Fed. R.):f
Total
__ 1957-59 =100..
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
_
do
Ore
--do
Merchandise I c l
do
Financial operations (qtrly. avg. or total):
Operating revenues, total 9
Freieht
_Passenger
O'neratin0' expenses
Tax accrual^ and rents
'N'et railway orteratinsi income
- Net income (after taxes^
19
145
121
1, 252
18
144
97
1.277
191
87
78
95
104
71
83
61
92
' 92
90
81
97
101
67
83
49
94
13
275
116
1,480
9
212
'86
1,102
12
203
90
1,169
90
'88
'73
95
'89
'88
69
94
'92
'57
'85
'50
9?
81
'59
84
49
93
'91
92
77
95
98
'64
27
221
110
1,486
90
'90
74
'95
' 102
67
75
'46
'92
r 77
47
'92
mil. $-- 2,296.8 2. 360. 0 2, 407. 9
1,934.2 1, 997. 7 2, 046. 3
do
156.2
154.8
157.0
do
do__ _ 1,817.8 1.854.6 1.883 1
344.6 323. 9
371.9
do_ _
134.4
181.4
152 9
do
96.]
142. 8
105 1
do
Operating results:
Freieh-t carded 1 mile (qtrly )
bil. ton-miles... 2 144. 5 2 151.9
21. 373 2 1. 347
Revenue per ton-mile fntrlv avg )
cents
Passengers carried 1 mile revenue (qtrly.)- .mil .- 25. 064 2 4. 969
36
152
90
1.296
24
95
82
1.214
15
63
91
1,363
11
41
70
1,044
q
52
75
1,109
14
77
96
1,491
'89
88
69
95
101
'69
69
45
r
91
'93
91
68
'96
91
84
75
'95
90
87
77
94
'94
91
81
'94
110
'66
79
45
'94
100
'62
76
44
94
91
53
74
43
93
2,331.7
1,959.7
169.3
1,832.0
334. 9
164.8
125.3
150. 7
1.337
154 6
1 352
5,037
5,789
' 97
r 108
'57
'80
41
96
88
84
r gg
' 108
'59
'84
40
97
2, 404. 5
2, 031. 1
147. 9
1. 873. 1
236.1
295. 4
274 6
2, 238. 0
1,905 5
141 0
1 798 0
314 2
125 8
153.9
1.346
4. 589
148 7
1 320
4 253
13
79
73
9
Waterway Traffic
Clearances, vessels In foreign trade:
Total U.S. ports
thous. net tons.. 14. 073
Foreign vessels
-do_ __ 11,411
2, 662
United State'1 vessels
-do
Panama Canal:
Total
In United States vessels
thous. Ig. tons. _
do.. _
5, 445
823
14, 913
12, 066
2,847
12.817
5, 490
855
5,684
15. 957
3, 140
828
15,28(5
12,408
2.878
16, 501
13.336
3, 165
15,932
15.135
12, 700
3. 232
12, 309
2, 826
5, 495
741
5. 167
830
4, 932
720
4,889
896
14,991
12.259
2.732
5, 1 77
1,013
14,143
11,575
11, 109
9,447
1.662
13,831
11,337
2, 568
5, 422
713
4.118
547
4,876
2 494
531
14, 583
11 901
9 ^82
5,610
744
.i
"
5, 379
792
5.721
835
.__._
5,460
8'?i
j
Travel
Hotels:
9.23
Average sale per occupied room
dollars
62
Rooms occupied _.
% of total..
112
Restaurant sales index
same mo. 1951 = 100..
Foreign travel:
174
U S citizens* Arrivals
thous
168
Departures
do
111
Aliens* Arrivals
do
93
Departures
do
71
Passports issued and renewed
_ _ _ do
2,323
National parks visits §
do
Pullman Co. (qtrly. avg. or total):
761
__a. . erigtr mue- (, evenuej
-12, 577
9
9.35
61
112
9 64
63
116
8.75
54
107
9.60
60
106
9. 66
64
111
10 14
69
111
9 82
59
106
8 90
47
109
9.00
59
105
9 6
62
113
8 87
61
116
9 67
63
107
9 09
61
121
195
191
125
103
76
2.678
204
304
130
122
114
4. 861
265
282
149
126
85
7,554
333
246
159
125
250
189
177
129
186
156
134
112
152
129
107
97
44
955
140
146
102
105
40
635
143
142
100
70
71
551
148
176
89
74
75
692
210
201
113
91
10R
928
187
212
121
103
139
' 1. 434
189
726
707
11 694
12,076
7. 573
3, 288
1, 920
128
149
2. 082
70fi
12, 159
635
10 702
793
13 035
q 64
62 ,
110
!
128 |
100
5.082 L
;
611 '
10 397 !
COMMUNICATIONS
Telephone carriers :
Operating revenues 9
mil $
Station revenues
do
Tolls, message
do
Operating expenses (hefore taxes)
do
Not operating incomeO
do
Phones in service end of vear or mo
mil
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph :
Operating revenues
.thous. $
Opera tin p1 expenses incl depreciation
do
Net operatin^ revenues
do
Ocean-cable:
Opera tins' revenues
_
do __
Operating expenses incl depreciation
do
Net operating revenues
do
Radiotelegraph:
Operatin 0 " revenues
do
Operating expenses incl depreciation
do
Net operating revenues
do
740.7
792. 6
414.4
252. 0
441.4
126.6
67.6
440.0
270.4
22, 144
70.3
20, 893
1 9, 703
214
22, 779
20, 564
1.240
21. 245
19.854
598
21.866
20, 468
600
22, 890
21. 381
•tfiO
21,759
20,123
23. 044
20.. 977
784
23, 479
24. 280
21.289
21,867
364
873
1,118
d o
3, 031
2.534
191
2, 786
2. 470
20
3.169
2. 612
243
2, 969
2, 602
54
2, 931
2. 483
90
3,119
2, 605
179
2, 873
2.510
45
3, 053
2. 681
30
3, 041
2. 521
190
3. 241
2. 599
305
4, 607
3, 697
726
4, 684
3, 743
761
4, 524
3. 626
706
5,101
4. 685
3. 767
740
4,718
3,911
631
4, 813
3, 869
727
4,421
3, 686
549
5, 000
4.824
5, 058
3,872
3.724
3, 736
871
3.838
22, 010
20.197
582
22, 366
20 389
659
21,259
20 854
2, 452
240
3,013
2, 542
153
2, 902
2. 444
161
2, 950
2, 623
4, 471
3, 453
857
4.675
3, 675
817
4, 719
3, 734
801
3,023
853.4
464. 5
821. 1
455. 4
468. 2
139.6
70.8
1,029
836.0
462. 2
288. 3
815.7
451.8
276.3
487 6
146.6
70.8
786. 3
436. 2
268. 5
461. 8
135. 1
69.4
20,004
830. 3
457. 3
806. 0
450. 8
269. 5
481 4
141.2
70.5
791.1
439 7
269. 1
458 8
138 3
69 0
d
828
810. 6
782.6
440.7
285.8
473. 5
141.1
69.6
441. 1
256. 8
458 7
134.7
70.0
22, 748
20, 996
600
816.7
452. 1
280. 6
487.8
-176.6
1,036
280.6
485. 6
143.2
71.0
452. 5
257. 0
465 7
140.9
71. 2
488! 1
145. 7
71.5
1 . 092
492.4
299.9
502.9
147. 9
71.7
151.9
71.9
" " ";"
...
.
987
CHEMICALS AND ALLIED PRODUCTS
1
I
CHEMICALS
Inorganic chemicals, production:!
\r>etylene
--mil.cu.ft..
Ammonia, synthetic anhydrous (commercial)
thous. sh. tons..
Carbon dioxide, liquid, gas, and solid
do
Chlorine, gas
_
__
do. _.
Hydrochloric acid (100% HC1)
Nitric acid (100% HNOs)
Oxygen (high purity)
PhoSDhoric acid (100% P20s)
--
do
do __.
mil. cu. f t _ _
thous. sh. tons__
968
1,093
1, 066
1.105
1,OS9
1,128
1. 093
1. 094
1,102
1.139
1, 067
1, 157
1.129
1, 193
433.9
481.6
85.7
428. 6
496. 0
100. 6
427. 5
471.1
105. 7
438. 9
464. 2
107.8
441. 1
470.5
504. 4
77.5
441.9
524. 2
75.4
439. 3
501. 3
79 7
428.' 2
489.1
89. 6
444.9
501 . 6
68. 3
406. 8
571. 4
78.4
458. 6
574. 0
89.1
442. 3
598. 0
94.8
454. 7
88.1
75.8
303. 4
281.6
6, 555 3 8. 347
187. 8 1 200.4
91.0
277. 9
90.4
89.6
299. 7
8, 103
195- 5
90.0
303. 7
8. 129
195. 0
92.5
319. 1
8, 849
211.2
93. 1
334.9
8, 945
202. 1
84.8
341.8
9, 490
192. 9
76.0
383.4
7,782
278.0
7,433
183.4
177. 5
'Revised.
i Based on unadjusted data.
2 Quarterly average.
3 Beginning Feb.
1962, data include quantities for 14 plants not previously reporting. a See note O. d Deficit.
cf Data for June, Sept., and Dee. 1962 and Mar. ard June 1963 cover 5 weeks.
t Revised (effective with Dec. 1961 and Aug. 1963 SURVEYS); see corresponding note in
Mar.
1963 SURVEY. Revisions for Jan.-May 1962 (1957-59 = 100): Total—96; 96; 96; 95; 94;
Digitized forcoal—Jan.,
FRASER
89: Apr., 91; coke—Jan., 97; forest products—Jan., 95; Feb., 103; grain, etc.,—112;
107; 106; 107; 103: livestock—67; 70; 72; 73: 67; ore—107; 98: 94: 96; 91; miscellaneous—Jan. and
http://fraser.stlouisfed.org/
Apr.
,97.
Federal Reserve Bank of St. Louis
434^ 1
83. 6
362. 9
9,547
217. 7 :
91. 7
341 ! 7 37 1! 5
9. 14o 11, 131
260. 2
218. 2
90. 7
335. 1
8S. 1
338. 9
11,303
11,805
257. 5
269. 1
__
§ Data beginning Jan. 1963 include visits to new park; comparable figure for .June 196?,
5,007,800 visits.
9 Includes data not shown separately.
0 Figure for Oct. 19G2 reflects mljustraevit oi
Federal income tax provisions for 10 months of 1962 occasioned by Revenue Act of 1902.
^Scattered revisions for 1959, 1960, and Jan.-Oct. 1961 are available upon request.
August
SURVEY OF CURRENT BUSINESS
1963
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1962
Monthly
average
S-25
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Inorganic chemicals, production}:— Continued
Sodium carbonate (soda ash), synthetic (58%
383.9
Na 2 O)_. _ _._
thous. sh. tons.. 376.4
390.4
400.4
413.2
368. 3
349.1
344. 2
378.9
348. 7
381.9
391.4
419.8
378.4
10.1
10.6
Sodium bichromate and chromate
do__ .
10.8
9.6
11.8
10.9
10.8
10.7
10.5
9.6
11.3
10.7
10. 5
9.5
409; 5
Sodium hydroxide (100% NaOH).
do
455. 2
478.1
459.9
467.1
462.4
469.7
465. 9
452. 8
426.9
463.0
474.6
451. 2
474.5
Sodium silicate (soluble silicate glass), anhydrous
thous. sh. tons__
43.8
46.1
42.7
44.8
53.3
36.8
41.3
48.5
50.2
40.8
53.7
44.0
49.3
42.3
Sodium sulfates (anhydrous, refined; Glauber's
94.6
100. 4
salt; crude salt cake)
thous. sh.tons..
95. 9
94.2
100. 9
91.6
99.5
103. 5
99.6
88.4
100. 6
104.4
107.8
99.2
1,487.3 '1,612.6 '1,521.6 '1,458.8 '1,524.1 '1,495.0 '1,655.9 '1,670.5 '1,675.1 1,678.5 1.563.4 1, 761. 4 1. 767. 8 1.831.3
Sulfuric acid (100% H2SO4)
do
Organic chemicals :d"
Acetic acid (synthetic and natural), production
mil.lb..
\cetic anhydride, production
do
Acetvlsalicylicacid (aspirin) , production . , do
65.3
105.0
1. 9
81.7
103. 7
2.3
79.4
107.4
2.0
77.2
101. 5
1.8
86.1
103.9
2.3
81.1
108.8
2.1
79.5
105.1
2.5
91.9
99.5
2.7
89.5
114.6
2.4
87.0
98.7
2.0
81.6
84.6
2.2
93.3
106.9
2.5
85.3
103.4
2.4
98.1
112.9
2.5
Alcohol, ethyl:
Production (incl. spirits)
mil. tax gal-Stocks, end of month (incl. spirits), ._ _do_ _
Used for denaturation
do
Taxable withdrawals (incl. spirits) _ _ d o _
52.1
138.9
43.2
5.1
52. 4
151. 3
42.3
5.3
50.4
154.0
42.7
5.4
49. 3
158. 1
39.1
4.4
45.5
157. 6
41.5
5. 1
49.5
147.1
40.0
5.7
65. 5
150. 7
43.5
7.7
52.6
144.7
41.4
6.4
58.7
156.8
41.6
4.6
61.0
165. 1
46.5
5.0
52.2
167.3
43.2
4.2
53.4
164.2
43.8
5.3
52.9
163. 3
45. 3
5.3
61.4
164.7
47.0
5.7
23.4
23. 4
6.2
22.9
23.0
3.9
22.9
23.9
4.1
21.1
21.3
3.8
22.4
24.0
2.2
21.5
21.4
2.3
23.8
23.4
2.1
22.8
21.9
3.0
22.9
22.7
3.2
25.0
25.3
3.1
23.2
22.8
3.5
23.6
24.8
2.3
24.5
23.7
3. 1
25. 3
25. 4
3.0
7.3
14.3
8.5
7.5
13.9
8.1
7.7
13.4
12.4
7.2
16.1
5.2
8.1
15.7
9.0
7.8
14.0
6.6
7.9
15.5
7.6
7.5
14.7
10.7
8. 1
13.5
6.3
7.6
14.9
6.9
6.7
15.6
11.3
7.1
17.7
8.0
8.4
17.2
9.7
'8.3
16. 4
8.9
9.0
15.6
10. 8
98.6
146.0
100.9
166. 7
103. 6
164.1
119.1
150.2
122. 0
169. 0
106.4
166.0
112.9
188.3
114.4
179.0
117.9
169.8
124.4
167.8
116.9
186.9
113. 8
214.0
117.6
211.5
' 116.6
' 217. 3
114.0
203. 8
22.4
34.3
20.8
32.7
21.1
35.4
17.8
32.3
21.1
30.8
18.3
27.8
19.9
25.8
23.0
30. 5
25. 6
23.1
32.9
19.8
30.3
22.5
29.6
22.0
27.6
r
32:8
25 9
'25^5
26.8
25. 4
.1
25. 6
31.7
.1
28.0
34.4
.1
26.5
33.3
.1
29. 8
33.6
.1
28.3
33.2
.1
28.2
34.8
.1
29.2
36.1
.1
27.8
35.8
.1
29.2
38.4
.1
27.0
35.2
.1
26.6
32.6
.1
26.4
41.0
.1
28.8
39.4
.1
29.0
' 40. 0
.1
27 6
40.4
538
31
429
64
602
67
448
71
543
24
444
47
563
10
428
99
699
60
547
82
653
51
504
66
698
74
547
68
565
86
397
63
475
33
370
51
285
16
213
54
767
92
600
46
523
58
390
57
563
25
493
34
571
80
439
34
635
39
565
23
228
123
41
13
36
253
129
36
18
51
195
129
51
13
10
229
* 133
33
24
22
199
84
20
19
49
232
84
22
23
71
215
110
27
20
43
232
92
29
14
77
218
79
12
22
197
96
20
17
44
315
135
44
33
97
302
113
8
23
97
421
175
35
13
149
362
166
66
25
89
243
124
62
22
25
173
197
60
123
226
142
225
113
199
308
167
284
490
216
49
'229
'417
'232
' 422
'212
'322
178
393
' 207
'426
'215
'434
'246
'437
'258
'491
'237
' 524
261
505
247
490
271
399
299
239
'290
' 256
232
369
Alcohol, denatured:
Production
Consumption (withdrawals)
Stocks, end of month
mil. wine gal-. _ do__ .
do
Creosote oil production
DDT production
Ethyl acetate (85%) , production
mil gal
mil Ib
do
Ethylene glycol, production
do
Formaldehyde (37% HCHO), production. .do
Glycerin, refined, all grades:
Production
__ _ _
_ ___ _ _ _ do _
Stocks, end of month
do
Methanol , production:
Natural
mil. gal
Svnthetic
- _ _ _ _ _ do
Phthalic anhydride production
mil Ib
87.1
109. 7
FERTILIZERS
Exports total 9
Nitrogenous materials
Phosphate materials
Potish materials
thous sh tons
do
do
do
Imports total 9
Nitrogenous materials, total 9
Nitrate of soda
Phosphate materials
Potash materials
do
do
do
do
do
Potash deliveries (K»0)
do
Superphosphate 1 and other phosphatic fertilizers
(100% P2O5): !
Production
thous sh tons
Stocks end of month
do
r
r
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
High explosives
do
Paints, varnish, and lacquer, factory shipments. 1
Totil shipments
mil $
Trade products
Industrial
finishes
do
do
Sulfur, native (Frasch) and recovered:!
Production
thous Ig tons
Stocks (producers') end of month
do
424
2S1.086
379
300, 657
2380
181
2306
247,273 2277,199 294, 262
2
227
245,522
164
315,789
4
4
145.8
86. 5
59. 3
152. 7
89.8
62. 9
178.3
103.0
70.3
164. 5
104. 4
60.1
179. 2
113. 0
66.2
153. 2
93. 2
60. 0
156. 2
88.4
67.8
132. 1
71. 0
61. 1
110.3
57. 3
53. 0
3129.0
s 68. 0
3 61.0
131.5
73.7
57.8
152. 6
89.2
63.4
182.2
112.4
69. 8
194. 3
119.7
74.6
519
4,098
489
4,837
467
4, 751
473
4,777
514
4,818
499
4,862
512
4,897
499
4, 872
497
4,938
504
4, 963
431
4.941
482
4, 919
487
4,898
565
4,910
12.3
13.2
14.2
11.3
12.9
13.0
14.2
12.7
12.0
11.3
11.7
13.9
13.2
13.1
45.1
41.0
46.1
40,2
44.3
38.1
42.3
38.4
33.9
42.2
39.3
45.0
47.3
51.0
23.4
16.1
27.1
16.8
28.8
18.6
24.3
13.8
29.2
18.3
25.4
15.1
30.3
18.6
27. 0
15.7
22.7
14.5
25. 7
18.8
20.1
18.4
29.1
22.0
24.3
23.1
27.3
61.2
42.0
53.0
40.5
63.3
44.8
60.8
43.4
63.4
45.2
98.3
134.4
156. 3
100.5
129.4
159.5
122. 8
144.7
189.3
123 ?
147. 9
178.5
13'?. 1
154.8
196.8
183.3
112. 4
70.9
PLASTICS AND RESIN MATERIALS
Production:©
Thermosetting resins:
Coumarone-indene and petroleum polymer
resins
_. _ _ _ _ _ _ __mil. l b _ _
Polyester resins
do
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. lb__
y
Revised.
55.4
36.7
57.4
39.9
59.6
41.5
48.9
33.2
60.1
40.7
57.9
42.0
61.4
44.1
58.9
39.6
55.3
38.3
95.5
105. 0
133.9
104.0
128.3
168.0
107. 3
131.1
170.6
94.7
116.3
172.7
102. 3
131. 9
170.8
105. 1
133. 9
170. 1
109.0
138.9
176.6
106. 1
132.1
170.3
99.6
128.4
170.8
* Beginning July 1962, excludes ammonium phosphate formerly included.
(formerly shown with industrial finishes) are included under trade products.
tSee similar note on p. S-24.
cfData (except for alcohol) are reported on the basis of
100% content of the specified material unless otherwise indicated.
90 9
9 Includes data not shown separately. f Revisions for 1960-May 1962 for superphosphate
and for Jan.-Mar. 1961 and Jan. and Feb. 1962 for paints, etc., will be shown later.
t Re vised effective with the Jan. 1962 SURVEY to include recovered sulfur.
©Comparable data for earlier periods will appear in the forthcoming 1963 edition of Busi'MESS STATISTICS, soon to be published.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
August
1962
June
July
Aug.
Sept.
19G3
Oct.
Nov.
Dec.
Jan.
Feb.
] Mar.
Apr.
May
June
July
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total O
mil. kw.-hr..
Electric utilities total
do
By fuels
--do
By waterpower
do
53. 349
12. 654
78, 588
70, 993
56, 982
14.011
77, 819
70. 1 64
56. 397
13. 767
80, 322
72, 933
59, 479
13, 453
84. 093
76, 439
63. 226
13.213
77,018
69. 680
57. 695
11,985
79. 784
72. 002
58. 926
13. 076
78. 109
70. 656
57, 099
13 557
82, 702
75 312
61,250
14 069
86, 509
78. 835
64. 908
13. 927
77,123
69 990
57. 323
12. 668
81,530
73, 720
58, 455
15.266
78. 273
70. 535
55. 681
14.854
81,756
73,619
58, 102
15 517
83, 665
75 731
61.756
13 975
Privately and municipally owned util
do
Other producers (publicly owned)
..do
53, 636
12. 367
57. 694
13.299
57, 260
12, 904
59. 281
13. 651
62. 424
14. 015
56. 774
12.906
59. 150
12.853
57. 452
13.205
60, 940
14.372
63, 804
15. 031
56,543
13,447
59. 661
14.059
57. 451
13. 084
59. 937
13. 081
62. 045
13 686
7, 223
6.942
280
7, 594
7 306
289
7. 655
7 373
282
7. 390
7 14H
247
7. 654
7 405
249
7.338
7 106
233
7.782
7 496
286
7. 452
7 163
290
7, 390
7 093
297
7, 675
7 369
313
7.133
6 849
290
7.810
7 486
324
7, 738
7 424
314
8.138
7 807
331
7. 935
7 653
do
__do
60,061
64, 674
64, 056
65, 184
67. 269
66.917
64.913
64 215
66. 077
69. 608
68. 668
67 920
65. 923
66. 095
do
do
11.239
28. 952
12,008
31, 160
12, 475
31, 527
13. 102
31. 197
13.418
32, 285
13. 354
32. 092
12.268
32.215
11 803
31, 450
11 840
31.201
12,073
31.641
19 01 S
30, 959
12 076
31.982
12 059
32.278
33. 033
390
__do_ .17,418
-do
564
._do
1,370
do
1
128
do
393
18,868
612
1.529
104
355
17, 513
514
1,564
106
350
IS. 364
524
1 , 528
119
360
18.978
566
1.535
128
347
18. 879
601
1.534
111
375
17.714
652
1.577
112
3^8
18,183
6%
1 589
96
466
20. 145
731
1 605
88
447
22,914
743
1,694
96
430
22, 756
669
1 739
435
21.050
652
1 601
123
378
18.888
604
1 600
123
372
18, 006
506
1 616
149
Industrial establishments, total
By waterpower
_
do
_.
^ales to ultimate customers, total (EEI)§
Commercial and industrial:
Small light and power
Large light and power
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental
73, 226
66, 003
"Revenue from sales to ultimate customers (Edison
Electric Institute) §
m i l . $ _ - 1,014.1 1, 085. 4 1,079.7 1, 102.6 1, 125. 9 1,128.3 1,089.8 1 077 0 1. 102. 5
981
19 359
1,158.0 1 1 50. 1 1. 119. 5 1 087.0 1 088 3
GAS
Manufactured and mixed gas (quarterly) :Jcf
Customers end of quarter total 9
thous.Re^idential
do
Industrial and commercial _.
do_ -Sales to consumers total?
Residential
Industrial and commercial
2,071
1.937
133
2, 030
1.900
129
2, 056
1,924
131
1,987
1 862
124
1,988
1 862
125
1 901
1 780
120
563
401
158
585
414
107
484
324
159
287
155
130
609
433
170
0()9
70.7
54.4
15.9
71.5
54.9
16.3
61 . 0
45. 7
15. 0
37.3
25.6
11.7
73.9
56. 8
16.7
119 3
90 4
thous-- 31, 661
29, 093
do
do__-- 2, 533
32, 531
29. 891
2, 602
32, 249
29, 656
2. 556
32, 290
29, 728
2, 524
33, 102
30 379
2, 684
33. 449
30 668
9 740
mil. therms- - 23, 397
7, 894
do
do._-- 14,272
24. 828
8, 407
15,197
22. 556
6, 852
14.648
17,964
2, 795
14.030
25. 033
8,204
1 5, 562
35. 950
1 7. 004
17 308
1 52P 9 1, 362. 6
720. 7
842.2
645.6
606.3
934. 4
375.5
523.4
1 541 0
835. 8
661.2
mil therms- do -__do__--
Revenue from sales to consumers, total?
Residential
Industrial and commercial
-
Natural gas (quarterly):^
Customers, end of quarter, total?
Residential
Industrial and commercial _ _
Sales to consumers, total?
Residential
Industrial and commercial
Re venue from sales to consumers, total?
Residential
..
Industrial and commercial
mil. $~
-do _ - do_.--
mil. $ 1,424.7
787.8
do
595. 1
do
........
Q31
793
91 4
9
436 3
1 537 4
837. 4
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
7.92
Production
mil. bbl_Taxable withdrawals
do__ _
7.42
Stocks, end of month
do
10.61
Distilled spirits (total):
Production
mil. tax gal-- 15.35
Consumption, apparent, for beverage purposes
mil. wine gal_- 20.12
10.04
Taxable withdrawals
mil. tax gal
861. 48
Stocks, end of month
do
3.25
Imports
mil. proof gal-Whisky:
Production
mil. tax gal-- 12.13
7.08
Taxable withdrawals
do._
Stocks, end of month
do
837. 84
Imports
mil proof gal
2.87
Rectified spirits and wines, production, total
7.05
mil. proof gal- Whisky
do
5.32
Wines and distilling materials:
Effervescent wines:
.34
Production
mil. wine gal-.31
Taxable withdrawals
_
do
2.64
Stocks, end of month
___do
Imports.
_
do
.08
Still wines:
Production
do...
14.00
Taxable withdrawals
_do
12.98
Stocks, end of month
do
175. 82
Imports
do
.93
Distilling materials produced at wineries. .. do
r
1
27.61
8.07
7.60
10.46
9.96
9.19
11.39
9.90
9.22
11.49
9.06
9.18
10.80
7.38
7.42
10.29
6.50
6.75
9.38
6.81
6.55
9.22
7.57
6.35
10.00
6.60
5.75
10.43
8.11
7.22
10. 82
9.14
8.12
11.27
9.81
8.96
11.49
12.90
12.69
6.43
8.34
10. 17
14.84
14.40
12.27
14.24
12. 96
14.26
14.34
15.13
21. 14
10.27
882. 72
3.60
20. 43
10. 66
890. 21
2.90
18.67
8.29
886. 81
2.90
20.42
9.82
882. 85
3.28
19.40
10.70
879. 54
4.06
23.83
14.62
875. 83
5.29
26. 71
12.70
874. 62
5.45
29.83
8.61
876. 00
4.20
17.77
8.69
879. 27
2.62
17.00
8.37
881.44
2.86
21. 95
10. 18
882. 88
3.47
18.99
10.12
884. 21
3.27
22 31
11.12
885. 58
3.62
3.26
9.41
7.18
859. 13
3.18
8.83
6.54
867. 55
2.55
3.42
5.02
864. 49
2.57
5.32
6.58
861. 04
2.88
6.16
7 82
856. 98
3.58
8.71
11.06
851. 27
4.75
10. 13
9.63
849. 18
4.81
9.68
6.33
850. 47
3.69
11.74
5.98
854.33
2.29
10.47
6.10
856. 70
2.53
11.04
7.05
858. 20
3.04
10.99
6.69
860. 36
2.86
10.69
7.10
861. 64
3.21
2.90
7.20
5.33
7.21
5.27
5.62
4.12
6.78
4.83
7 51
5^60
10.69
8.29
9.31
7.12
6.32
4.59
6.49
4.51
5.58
4.16
7.01
5.13
7.10
5.20
7.72
5.60
.37
.32
2.79
.09
.46
.26
3.10
.05
.16
.19
3.06
.06
.37
.25
3.15
.06
.32
.35
3.08
.09
.36
.50
2.91
.15
.30
.56
2.62
.16
.34
.49
2.43
.14
.33
.26
2 48
.04
.48
.19
2.75
.05
.47
.24
2.96
.05
.41
.28
3.07
.07
.39
.32
3.12
.09
.06
15.78
12.52
178. 89
1.08
1.67
11.72
141.87
.88
1.07
9.16
131. 76
.78
6.15
12.28
123.99
.92
59.71
12.14
173. 62
1.01
86. 89
15.02
241. 60
1.24
14.79
15.26
239. 38
1.60
5.66
12 95
224. 60
1.29
3.85
12.78
214. 60
.52
3.41
12.19
201. 99
.86
2.94
14.87
191. 37
1.05
2.45
13.04
174.43
1.20
2.36
13.37
160. 15
1.11
1.00
2.56
1.47
19.66
139. 50
144. 34
31.27
Revised.
Beginning Mar. 1961, data include sales not prev ously re ported.
O Re visions for 1960-1961 appear on p. 32 of the Juile 1963 SrRVEY (, ran. 1961 total pro duction should read 73,572 mil. kw.-hr.).
§ Includes data for Alaska and Hawaii.
7.41
7.17
10.07
9.46
5.21
39.81
2.05
1.95
8.44
15. 54
JRe vised 19fc 1 data by quarto rs will b .? shown later. I)ata for nanufac urcd and mixed
gas in 3lude Ha waii (be^nnning 1960); for natural g as, Alasl'a (begin ning 196 ).
cfT le avera ges sho\v1 n for gas are qua "terly av erages.
9 ID eludes diita not s lown sep arately.
SURVEY OF CURRENT BUSINESS
Ausust 1903
1961 | 1962
Unless otherwise stated, statistics through 1960
and descrintive notes are shown in the 1961
edition of BUSINESS STATISTICS
Monthly
average
S-27
1962
Juno
July
Sept.
Aug.
1963
Oct.
Nov.
Feb.
Jan.
Dec.
Mar.
Apr.
June
May
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
1
DAIRY PRODUCTS
Butter, creamery:
Production (factory)t
Stocks cold storage, end of month
Price, wholesale, 92-score (N.Y.)_
•Cheese:
Production (factory), total \
American whole rriilkj
r
123.7
181.5
.612
128. 5
363. 4
.594
429.4
.584
122.4
469. 0
.588
104.3
456. 4
. 590
92.4
423. 5
. 596
106. 7
384. 2
.587
105. 3
344. 8
.590
116. 4
318. 7
.589
mil. Ib
do
135. 9
95.4
130. 9
91.2
168.0
126.5
145.5
107. 3
131.0
93.8
118 9
82.7
119 1
78.7
109 2
70.2
117 2
73 2
429.8
4fi3. 4
420.4
497. 0
454. 5
6.1
526. 6
483.8
4.5
520. 5
481.8
5.1
493 1
457. 1
5.8
454. 9
421.4
5 6
438 8
398 6
9 0
422 1
384 2
9 6
•H95 Q
6.5
359 2
38
360 0
3^5 4
6 4
343. 4
309. 3
9 2
354 8
317. 2
9 0
.409
.400
.392
.392
.392
. 392
. 406
.408
.409
418
422
.424
425
423
493
5.8
176.5
6.4
160. 3
6.8
215.0
188. 5
6 7
171. 5
5 9
140. 3
7.8
143.0
7.2
134. 0
58
143.0
5 0
135. 8
146.2
6 9
190 0
82
r 9Q4 0
7 7
199 6
243.6
6.0
5.0
178.4
3.7
221.5
4.3
258. 9
4.8
271.3
262.7
5.6
5.7
229. 1
6.5
174.2
4 5
141.4
4 9
120. 2
51
93 0
o. 3
59. 7
93 4
68
141 1
78
194 ?
3.9
7.6
4.0
5.5
5.9
6.3
4.0
5.4
4.1
6.1
2.5
2.6
5.6
9.6
5.9
7.4
3.6
2.6
3.4
2.2
3 2
2.6
4.0
4.6
30
8 5
41
55
7 o
10 7
6. 05
6. 05
6. 03
6. 03
6. 02
6.03
6.03
9, 345
' 3. 734 ' 3. 582
4.35
4.40
9.813
3. 928
4.30
10 043
r
4 188
4.24
9 470
3 900
4.17
10 907
r
4, 391
4. 05
11 14Q
12 29 r>
r 5 359
3.77
8 7
8 0
r (j £
r 174 ()
r 166 4
_
Stocks, cold storage, end of month, total .do
American, whole milk
do ._.
Imports
-do
Price, wholesale, American, single daisies (Chicago) _. _
-$perlb._
Condensed and evaporated milk:
Production, case goods:?
Condensed (sweetened)
_ _.
mil. Ib _
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of mo.:
Condensed (sweetened)
mil. lb.
Evaporated (unsweetened)
do.. .
Exports:
Condensed (sweetened).
do
Evaporated (unsweetened)
_.do
Price, manufacturers' average selling:
Evaporated (unsweetened^
$ per case-Fluid milk:
Production on farmsf
_
.mil.lb
Utilization in nifd. dairy products c?
do
Price, wholesale, U.S. average
$ per 100 lb._
Ory milk:
Production :i
Drv whole milk
mil. Ib
Nonfat drv milk (human food)
.
do
Stocks, manufacturers', end of month:
Dry whole milk
_do
Nonfat dry milk (human food)
do ___
Exports:
T)ry whole milk. _
do_._
Nonfat drv milk (human food)
_ do
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ perlb_.
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) -..mil. bu_.
Barley:
Production (crop estimate)
379. 5
6.3
6.30
6.11
6.03
6. 02
0. 03
6.05
6. 05
10.494
11,926
10,912
10,191
9, 636
3, 366
4.22
9,740
' 4. 329 ' 5. 306 ' 4, 374 ' 3. 822
4.11
3.72
3.87
4.04
r
' 120. 7 '133.7
328. 3 345. 5
. 586
. 586
115 4
75 4
r HO 1
r 79 Q 1
r
6.8
167.8
6.7
180.9
7.7
236. 5
4.7
182.1
148.4
6 0
127 5
5 9
136. 0
6 8
140 5
7 i
167 4
6.4
136. 6
6.3
123.4
7. 7
168.8
7.6
142.2
5.5
118.7
107.2
4.9
86.4
4.6
83. 5
5. 1
99.0
7. 0
96. 6
1.5
21.0
1.1
25.5
2.3
31.6
.6
30. 0
1.9
20.9
1 3
22.6
1.8
20.8
.2
25.3
.9
29.7
9 9
.154
.148
.142
.142
.142
.143
.143
.144
90.5
96.9
111.2
86.2
90.3
87.9
74.0
i 3, 626
13.1
1
mil. bu_. 3 3, 246
3 1, 783
On farms
do
31.463
Off farms
do
24.5
Exports, including meal and
flour
do
Prices, wholesale:
1.11
No. 3, yellow (Chicago)
.
$ per bu
1.06
Weighted avg., 5 markets, all grades __do
3
3
3
Stocks (domestic), end of quarter, total
mil. bu
T
r
4 5
123. 8
r IV>Q 4
r 85
r
2
138. 2
356. 7
. 587
r 145 1
T
!()'-}
I
r 4 796
3.87
r
1 53 6 141 0
377 0 r 401 4
.586
.586
175
130
384 3 rr 416
343 5
373
7 8
6
171 8
r 196 Q
2
7
o
9
6
437 3
391 9
i'
6. 02
r 1 1 ft 12
5 099
3. 71
r
r
54
217 9
r 7 A
957 0
(' A
193 5
6 8
92. 0
5 4
S6, 0
5 2
98 0
5 5
120 4
6 5
13r> 1
8.9
15 5
24 2
3 7
63 7
3 9
59 Q
1 fi
51 9
.144
. 144
.144
.144
.144
.144
.144
83.1
97.8
34.4
99.4
106.8
118.9
133.7
100.5
9.9
6.6
343. 0
212 3
130. 7
7.2
4.3
4.7
129 1
102 9
3.2
T
382 5
" 3. 87
..
.
-_"""*__•'
KA C
2 3ge 4
4 123. 7
M8.0
r
4
232 0
10.4
4.7
5.3
449 1
277 3
171 7
6.6
2.2
8.0
145 7
44 66 9
78 8
5.3
1.22
1.18
1.19
1.14
1.16
1.09
1.13
1 07
1.20
1. 13
1.20
1 14
1.17
1 12
1. 18
1 12
1.18
1 12
1.20
1 14
1.22
1 14
1.25
1 16
1.24
1 14
3. 644
14.3
14.8
14.2
15.7
13 9
15 3
14 1
12 9
13 9
13 0
155
i~
I r ft
-ice
2, 930
1, 809
1, 122
35.5
2, 473
1,549
924
39.4
33.4
32.8
* 1,640
4
565
<1 074
22.9
24.9
41.8
1.11
1.08
1.14
1.11
1.12
1.10
1.10
1.07
1.11
1.09
1 10
1. 10
1 07
1 06
475.8
r
4,224
2.972
' 3. 042
2. 002
1 252
35.5 ""lL9~
"~33~r
1 18
1 18
1 19
1 17
1 12
1 14
2 3 §62
2,118
1,390
36.5 " ~ ~ 4 l ~ 3 " ~~~39.~5~
43.1
i on
1 9Q
1 22
1 16
1.14
1 05
1 14
1 -I o
1 25
11.011 i 1,032
Stocks (domestic), end of quarter, total. _ do
On farms
_ do
Off farms
. do
Exports, including oatmeal
Price, wholesale, No. 3, white (Chicago)
T
r
130. 5
310.9
. 586
1
Corn:
Production (crop estimate, grain only).. mil. bu
Grindings wet process
do
Oats:
Production (crop estimate)
152.6
10, 454
4. 267
4.22
395. 7 i 429. 5
do
3 292. 8 33283.2
Stocks (domestic), end of quarter, total
do
3 155. 0
159. 2
On farms
do
3137.8 3124.0
Off farms
do
5.4
8.3
Exports, including malt§
...do
Prices, wholesale (Minneapolis):
1.26
1.31
No. 2, malting
$ per bu_.
1.23
1.20
No 3 straight
do
do
$perbu__
Riee:
i
Production (crop .estimate)mil. bags 9
California mills:
Receipts, domestic, rough
mil. lb__
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
mil. Ib
Southern States mills (Ark., La., Tenn^ Tex.):
Receipts, rough, from producers
mil. lb._
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned '(cleaned
basis), end of month
mil lb__
Exports _ _ _ _ _
d o
Price., wholesale, Nato, No. 2 (N.O.)
$ per lb_- 5
3657
3 576
3
632
3558
2 07^.
<277
4229
978
869
109
778
701
77
374
1.7
2.5
6.4
2.2
5.1
5.0
2.6
2.5
.8
1.5
.7
« .67
.69
.69
.65
.64
.67
.65
,72
.77
.75
.76
54. 2
164.5
110
71
126
79
73
80
74
37
68
53
57
43
177
39
157
76
118
56
189
138
140
146
<48
4277
'493
432
62
381
1.0
(6)
4
?34
443
.6
1.5
1.0
.73
.74
.71
165
140
128
114
83
53
(6)
2
154
90
104
97
56
67
45
35
111
140
167
165
128
152
128
101
103
317
209
364
255
30
187
22
207
437
179
1,267
269
1,272
345
494
342
274
258
152
213
218
334
206
290
142
239
60
198
62
234
826
148
. 086
866
193
.094
391
183
.098
208
145
.096
321
86
.088
885
133
.088
1,383
185
.090
1,374
211
.090
1,303
21 4
.095
1.196
1, 015
Rye:
1
Production {crop estimate)
__mil. bu
i 27. 5
41.2
321.0 319.9
Stocks (domestic), end of quarter, total. _ _ d o
47.9
5
Price, wholesale, No. 2 (Minneapolis)-_J$ per bu.J 1. 20
1.22
1.24
1.16
1.14
r
Revised.
» Preliminary.
1
Crop estimate for the year.
2 Aug. 1 estimate of the 1963 crop.
3 Quarterly average.
* Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat;
Oct.
for
conn)..
^.Average
based
on
months
for
which
quotations are
available..
* IsTo vquotation.
T
rnil.lb..
_do_
_$ per lb_.
901
.098
.098
870
oca
on-*
729
583
388
.098
.095
.095
P . 095
64 5
2 29 8
'15.3
47.0
1.23
1.27
1.25
1.26
1.21
1.22
. 121
JRevisions for 1960 appear in the Oct. 1961 SURVEY; those for Jan.-May 1961 are available
upon request.
1 Beginning Tan. 1960, includes data for Alaska and Hawaii.
c?Revisions for .Tan. 1952-Sept. 1960 are available upon request; those for Tan -May 1962
are as follows (mil. Ib.): 4,446; 4,119; 4,737; 4,864; 5,675.
§Excludes a small amount of nearl barley.
9 Bags of 100 Ib.
33. 4
1.17
1.16
1. 19
23.8
1.23
SURVEY OF CURRENT BUSINESS
S-28
1 1961
1962
Unless otherwise stated, ,«*afistirs through 1960 I
and descriptive notes are shown in the 1961 1
MnntMv
edition of BUSINESS STATISTICS
|
average
August 11)03
1962
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate) total
Spring wheat
V^inter wriest
Distribution (Quarterly total)
btocKS (.ao esnc;, ena o q
. v
mil. nu_- i 1, 235 'i 1,093
1275
i 160
do
1 1 ,075 r'1817
do
3316
3332
do
,
Off farms
-do
Exports total including
flour
do
r
"344
322
3 1, 854 --31,713 r4 1 322
4
3260
3305
10?
3
1, 549 '3 1, 453 r4 I 990
58.2
52.4
49.2
43.0
Prices, wholesale:
No 1, dark northern spring (Minneapolis)
2.48
2.28
$ per b u _ _
2.19
2.04
No.2,hd.anddk.hd.winter(Kans. City).do
52.07
•1.97
No 2 red winter (St Louis)
do
2.25
2.41
Weighted a vg 6 markets all grades
do
Wheat flour:
Production:
, ,
„ .
-p]onr
thous. sacks (100 lb.)__ 21, 693 21,839
92.4
93.3
Operations percent of capacity
- -•
405
406
Offal
'
_thous. sh tons..
49,613
49, 333
Stocks held bv mills, end of quarter
34,703 3 4, 584
thous sacks (100 Ib )
2,686
2,512
Prices, wholesale:
Spring, standard patent (Minneapolis)
5.909
5.520
$ per 100 Ib
5.621
5.166
Winter hard 9^% patent (Kans. Cltv) -do
r
254
r
1 818
317
1,500
2 071
407
1, 664
r
2 1.2 152
255
2
89&
315
317
4
1 505
196
1,309
4
1 4189
96
1,094
53.4
48.1
43.3
37.7
46.0
40.6
49.2
44.6
34.7
30.1
31 5
27.9
52.9
47.9
16.0
14.1
58.3
51.5
64.8
55.1
74.0
67.7
83.2
74.5
49.1
39.1
2.50
2.19
2.12
2.33
2.52
2. 22
2! 13
2.32
2.42
2.25
2 07
2.39
2.44
2.23
(6)
2.49
2.19
2.53
2.31
2.50
2.27
(6)
2.47
2.52
2.30
(6)
2.47
2.47
2.33
2.17
2.45
2.46
2.37
(6)
2.44
2.41
2.28
2.15
2.38
2.50
2.03
1.80
2.18
20, 125
86.9
20, 334
88.2
23. 207
91.9
45, 677
46, 130
4, 290
2,315
2.45
2.48
2 50
2.49
2.28
(6)
2.48
52 865
21,254
101.6
396
48 371
23. 807
94.0
443
54, 140
22. 744
98 4
421
51 743
20, 584
93.0
380
46. 626
22,116
90.9
411
50, 248
20, 700
95.4
382
47.017
22, 296
97.6
410
50, 550
21,570
90.0
398
49. 005
22, 542
94.0
414
51,105
20, 421
93.6
377
46 5'?0
2, 428
2. 334
4 378
2,017
2, 023
1 570
4.789
2,150
844
2,953
5, 116
4,196
2,713
3,789
4. 376
4,336
5 938
5. 683
6.113
5.817
6. 175
5.933
6.113
5. 850
6.063
5. 750
6 000
5 767
5. 863
5. 650
5. 763
5.483
5. 825
5. 550
5. 788
5.517
5.913
5.767
375
378
433
(6)
(6)
r
T
2.31
2.01
1 81
2.12
5. 775 " 5.651
5. 533 p 5. 234
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous. animals. .
Cattle
do
Receipts (salable) at 25 public markets!
do
Shipments feeder to 8 corn-belt States
do
Prices, wholesale:
,„„,,
B,w ctoprs CChleaeo)
$ per 100 Ib
Steers, stocker and feeder (Kansas City)..do
Calves vealers (Natl Stockyards, 111.).- do . .
Slaughter ("federally inspected) ...thous. animals..
Receipts (salable) at 25 public marketsf.-- -do....
Prices*
Wholesale, average, all grades (Chicago)
$perlOOlh._
TToff-eorn price ratio (bu. of corn equal in value
to 100 Ib live hog)
--Sheep and lambs:
Slaughter (federally inspected) ...thous. animalsReceipts (salable) at 25 public marketsf
do
Shipments feeder to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
$ per 100 l b _ .
Lambs, feeder, good and choice (Omaha) .do
417
1,664
1.221
'528
415
1, 695
1,179
595
342
1.718
997
270
367
1,765
1.167
259
434
1,870
1,288
592
424
1,654
1, 152
893
517
1,898
1,605
1. 574
456
1, 686
1.254
1 164
381
1, 562
1,115
552
431
1.795
' 1, 150
338
361
1. 558
952
234
410
1.694
996
350
373
1,727
1,196
487
24. 46
23. 30
30.17
27. 20
24. 53
29. 75
24.91
23. 23
28 00
26. 12
23. 75
27.00
27 88
23. 91
27.50
29. 63
25. 21
27. 50
29. 29
25. 38
26. 50
29 89
25. 79
27. 00
28. 59
25. 18
30. 00
26. 90
24. 53
33. 00
24. 69
23. 89
32. 00
23.30
23. 45
34. 50
23.51
24.12
30.00
5, 469
1, 586
5, 648
1,621
5. 041
1,498
4. 699
1,424
5, 214
1, 507
4.737
1,279
6.643
1, 911
6. 376
1,819
5. 954
1,686
6. 333
1, 820
5. 665
1,555
6. 559
1, 686
6, 343
1,797
5.910
1,610
4,880
1.411
1.465
16.71
16.44
16.23
17.24
17.68
18. 46
] 6. 69
16.34
15.80
15.35
14. 85
13.78
13.52
14. 73
16 .36
17.20
16. 6
16.4
15.4
16. 3
17.2
17 A
16.3
17.3
15.7
15.0
14.0
12.9
12.6
13.0
13.8
14. 4
1, 253
550
253
1,224
497
224
1,062
411
184
1,170
470
151
1. 254
528
293
1 . 272
589
425
1,472
676
523
1.215
454
215
1,098
397
140
1,317
< 485
192
1. 053
381
84
1.137
390
98
1, 116
396
137
1,062
354
211
972
350
115
470
19. 50
19.45
20. 50
23. 50
21.75
5 15. 57 » 16.00 ° 16. 00 • 16. 40 ° 16. 56
19. 00
15.70
18. 75
15.82
19. 25
(6)
19.25
17.97
18.50
» 17. 44
18. 75
«17.4f>
1 8. 25
"17.50
21.25
(6)
20.00
19.74
16. 50
17. 80
2 078
17. 07
14. 99
7
a
330
1, 875
1,061
390
282
1.752
997
9
94
1, 185
22. 43
°2 54
23.50
22. 74
"31.00 p 27. 99
24 56
23.19
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard In), Inspected
slaughter
- - - mil. Ib
Stocks (excluding lard), cold storage, end of
month
mil. Ib
Exports (including lard)
- - - do
Imports (excluding lard)
.
do
2, 116
2, 150
460
77
80
481
78
109
2. 087
512
119
98
2, 025
444
81
99
2. 135
1 895
2,423
2, 265
2,146
2, 383
2, 062
2 323
2, 323
2,351
400
71
145
359
76
130
389
64
117
463
91
119
506
51
122
502
40
81
557
87
145
637
93
131
686
103
96
661
118
121
Beef arid veal:
1,051.0 1, 046. 6 1 075 3 1 081 4 1 120 8
Production, inspected slaughter
do.
163. 6
Stocks, cold storage, end of month
..do . _ 175.5
129. 6
143.2
128. 1
2.5
2.3
2.4
Exports
__ .
do
2.6
19
55.4
79.0
Imports
__do
69 1
73 "~>
113 3
Price, wholesale, beef, fresh, steer carcasses, choice
.464
.440
f 600-700 Ibs.) (New York)
$ per Ib . .. .427
. 443
.478
Lamb and mutton:
57.9
Production, inspected slaughter
mil. Ib . 59.6
48.0
56.8
53.2
19.9
14.3
Stocks, cold storage, end of month. ._
^do
14.7
11 8
11 8
Pork (including lard), production, inspected slaughter
mil Ib _ 1, 005. 0 1, 045. 6
963.3
957.8
890 1
Pork (excluding lard):
805.2
Production, inspected slaughter
... _ do ... 763.1
731. 4
680. 5
740. 5
203.4
235. 9
Stocks cold storage, end of month.
_ _ do
295. 1
233 6
181 8
5.7
5.3
7 3
6 3
Exports
do
5 4
14.5
17.0
Imports
-.
do
17 8
16 4
16 4
Prices, wholesale:
.471
Hams, smoked, composite
$ perlb..
s.491
.470
.493
.467
.479
.475
.463
Fresh loins, 8-12 Ib. average (New York).do
.520
.503
Lard :
Production, inspected slaughter
mil. lb__ 176. 5
175.3
158.2
153.3
168.8
Stocks, dry and cold storage, end of rno
do
120.4
98.9
103. 5
77.3
96.7
34.7
Export?. _ _ - _ - - _
._
-__ _ . do
35.2
50 5
34 5
38 2
Price, wholesale, refined (Chicago)
$ per lb._
.133
.125
.120
.125
.120
r
Revised.
v Preliminary.
1
2
Crop estimate for the year.
Aug. 1 estimate of the 1963 crop.
3 Quarterly average.
4
Old crop only; new grain not reported until beginning of new crop year (July for wheat).
fi
Average based on mouths for which quotations are available.
« NO quotation.
988. 3 1 145. 1 1.019.3
180.3
150. 9
J57. 8
2 8
2.3
2.0
89.2
103. 6
88. 7
975. 0 1 134.8
201.9
176.9
1.9
2.6
56.9
86.1
989 5 1 084 0 1 106 0 1 194 5
197.4
194.0
201 6
188.8
2 0
1 9
2 1
1 8
98 9
62 6
88 9
93 1
r
624
68
104
iT ir? 8
576
197 3
1 7
78 6
199 3
.502
.482
.489
.487
. 463
.437
.408
.408
.409
402
420
58 2
10. 2
67.3
9.6
57.3
11.0
52.9
15.3
65.6
13.4
53.1
21 0
57.0
22 8
55. 1
23 7
51 2
21 4
44 6
r iq g
20 2
849.0 1,210.8 1, 188. 7 1,118.0 1, 182. 3 1,019 6 1 182 5 1 161 9 1 104 9
99Q 4
665. 0
138 5
36
14.4
936.0
161.3
5 1
18. 7
913.9
211.8
6.8
16.0
859.2
229 5
6 7
17 6
918.0
249.0
7 8
13 5
.493
. 552
.492
.493
.518
.462
.531
.447
.480
.456
.468
.426
134.1
73.1
33 6
.133
201.2
72.7
20 9
.136
200.7
93.3
49 4
.131
188.3
128.4
15 9
.121
192.1
148.2
19 1
. 116
161.1
146.2
37 6
.120
798
275
10
20
8
4
8
4
924
332
14
21
7
6
1
2
.443
.396
901
374
10
18
1
5
5
7
.431
.380
852
356
13
19
6
3
0
7
.440
.407
708
r 323
11
14
0
9
5
5
P. 459
.470
973 8
.495
186.7
189.2
184.0
155.3
162. 3
147.3
166.7
136.3
40 5
60 *>
70 1
24 2
.114
.115
.113
".116
? Beginning Jan. 1963, data are for 27 public markets.
* Beginning Feb. 1962, prices riot strictly comparable with those for earlier periods;
monthly average based on 11 months (Feb.-Dec.).
tRevised series.
° Choice only.
SURVEY OF CURRENT BUSINESS
August 1963
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-29
1962
June
-July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)!
mil. lb__
Stocks, cold storage (frozen), end of month, total
mil.lbTurkeys
.- do
Price, in Georgia producing area, live broilers
$ per lb__
Eggs:
Production on farms
mil casesO..
Stocks, cold storage, end of month:
Shell
thous. casesO.Frozen
mil. lb._
Price, wholesale, extras, large (delivered; Chicago)
$ per do7,__
593
578
573
572
663
652
833
734
562
538
416
454
502
572
558
322
192
306
199
205
121
210
123
251
160
331
233
448
340
386
265
335
203
328
198
291
176
251
153
210
117
185
96
178
'89
193
101
.132
.144
.133
.143
.149
.154
.142
.132
.141
.138
.153
.147
.145
.140
.135
.140
14.3
14.5
14.6
14.4
13.9
13.4
14.0
13.9
14.5
-14.4
13.4
15.8
15.7
15.9
14.8
14.7
162
81
186
82
397
111
343
122
250
120
227
113
236
98
162
77
117
61
64
47
29
38
51
38
56
58
200
83
'274
103
247
106
. 355
.334
.266
.280
.343
.416
.377
.394
.367
.354
.370
.346
.299
.280
.289
28.7
.227
23.8
.208
37.0
.208
39.0
.205
22.9
.203
8.0
.200
10.0
.201
11.6
.209
14.7
.210
16.6
.230
46.8
.246
29.3
.239
39.5
.255
21.5
.276
23.4
.256
3, 034 i 3, 355
5, 574 i 5. 669
3, 050
5. 307
1, 861
714
2.041
758
1. 550
523
1,679
580
1.990
693
2. 074
725
2. 075
569
2.281
940
2. 530
1, 135
1,241
434
2,238
851
2. 157
858
2,246
655
1,799
547
1,332
520
.363
103
.344
105
.348
73
.348
70
.348
95
.340
140
. 340
143
.338
135
.340
107
.340
114
.338
110
.335
106
.335
94
'. 333
89
.342
83
.338
184
180
157
185
206
218
219
228
231
202
175
154
159
171
'186
213
3,075
1,437
1,991
1,479
934
609
449
324
200
175
975
1,405
1,690
1,325
890
265
528
169
273
550
166
56
440
272
46
863
277
71
967
256
122
679
129
629
528
100
928
144
79
830
103
39
351
1.558
83
149
820
133
91
409
175
56
••535
211
280
808
801
7
1.716
510
821
813
8
1,599
259
960
952
8
1,567
270
892
883
9
1,315
194
1,078
1,067
12
898
336
860
850
10
836
555
833
827
5
1,185
201
778
832
773
826
5
7
1,893 ' 2, 261
268
293
745
737
8
2,101
291
602
598
4
2,127
137
922
918
4
1,826
241
886
887
-t
1.622
465
338
106
14
359
102
25
363
136
53
469
204
14
308
137
9
400
71
15
429
38
17
481
58
20
338
99
87
157
2
5
365
86
15
379
'92
6
369
121
5
r
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl. shells)
thous. Ig. tons..
Price, wholesale, Accra (New York)
$ per lb__
Coffee (green):
Inventories (roasters', importers', dealers'), end
of quarter
thous. bagscf.Roastings (green weight), quarterly totaL-.do
Imports, total
_
_ _
do
From Brazil _ _ _
_ do
Price, wholesale, Santos, No. 4 (New York)
$perlb__
Confectionery, manufacturers' sales
___mil. $__
Fish:
Stocks, cold storage, end of month.
mil. lb._
Sugar :
Cuban stocks, raw, end of month
thous. Spanish tons..
United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
thous. sh. tons
Entries from off-shore, total?
do
Hawaii and Puerto Rico
do._._
Deliveries, total
do
For domestic consumption
do
For export and livestock feed
do
Stocks, raw and refined, end of month.do
Exports, raw and refined
sh. tons
Imports'
Raw sugar, tota!9
thous. sh. tons..
From Republic of the Philippines
do
Refined sugar, total
_ do
Prices (New York):
Raw, wholesale
Refined:
Retail§
Wholesale (excl. excise tax)
Tea, Imports.
1
1
3, 376
5. 202
'3,518
' 6, 078
3,964
6, 080
3, 435
5, 408
113
r
404
203
1,030
1,027
3
1, 401 P 1, 498
145
316
375
102
14
465
139
16
.092
.$ perlb..
.063
.065
.065
.064
.066
.063
.066
.064
.065
.067
.068
.069
.083
.109
_.$ per 5 Ib _
_..$ per lb._
.570
.087
.569
.089
.565
.089
. 565
.089
.566
.089
.569
.090
.570
.090
.573
.090
.574
.090
.575
.093
.586
.093
.591
.095
.597
.100
.639
.127
p. 139
thous. lb__
9,111
10, 808
8,019
11,303
10, 245
10, 825
10, 725
10, 128
12, 536
7,275
12, 202
14, 808
12, 276
12, 285
7,155
204.7
223.8
227.4
189.0
242.9
221.2
253.4
241.6
197.9
211.2
207.0
198.7
186.2
216.6
210.7
116.9
173.8
217. 3
201.1
199.5
198.4
187.2
182.1
167. 9
180.7
171.4
167.2
147.7
130. 0
132.0
177.0
211.2
254.6
230.9
206.1
191.9
191.2
189.0
194.7
176.6
205.0
225.2
182.0
188.7
195.7
154.2
245. 0
272.8
264.1
253.8
244. 0
240.2
248.6
274.4
325.0
281.5
220.5
273.3
262.1
307.1
143.6
143.8
129.6
125.9
140.1
137.0
165.1
155. 9
157. 0
173.9
148.0
141.0
132.4
140.3
125.9
38.3
39.0
42.7
39.3
38.0
38.5
37.8
40.3
39.3
49.0
52.4
59.4
52.2
46.4
46 2
.268
.256
. 258
.246
.246
.245
.245
.245
.238
.238
.238
.238
.238
.238
p. 238
32.2
30.1
35.7
31.9
34.5
30.0
32.4
23.1
38. 5
26.0
42.5
28.3
41.1
29.7
39.3
30.6
46.1
37.6
41.3
36.5
Baking or frying fats (incl. shortening):
Production
__
mil. Ib
Stocks (producers' and warehouse), end of month
Salad or cooking oils:
Production
do
Stocks (producers' and warehouse), end of month
mil. lb._
Margarine:
Production
do _
Stocks (producers' and warehouse), end of month
mil. lb_.
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per lh_-
.245
.077
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
35.8
38.9
Production (quantities rendered)
mil. lb_.
36.2
33.4
36.7
30.7
37.5
Consumption in end nroducts
do
31.4
28.4
29.5
Stocks (factory and warehouse), end of month
25.7
24.3
26.8
mil. lb_.
29.0
30. 3
Tallow and grease (except wool), inedible:
287. 8
Production (quantities rendered) ___
do._
296.2
274.6 295.4
288.5
144.8
150. 6
Consumption in end products
do
166.6
164. 3
120. 3
Stocks (factory and warehouse), end of month
mil. l b _ _ 369. 4 384.6 340.4 381.2 366.0
Fish and marine mammal oils:
Production
do
45.1
20.3
21.5
32.5
51.8
Consumption in end products
do
9.3
8.2
7.8
9.3
7.6
Stocks (factory and warehouse), end of month
144.0
160. 7
149. 7
mil. lb-_ 123.7
148.2
T
Revised. v Preliminary. « Beginning Jan. 1963.. includes data for Alaska and Hawaii.
1
Quarterly average.
2 Beginning March 1963, includes General Services Administration stocks no longer required for the strategic stockpile; not comparable with earlier data.
^Revisions for Jan.-Aug. 1960 are shown in the Oct. 19(>1 SURVEY.
20.8
21.7
24.1
33.0
37.7
43.3
46.9
50.0
53.5
49.1
259. 6
152.7
297. 9
158.1
295. 7
138. 5
269.4
140.1
305.9
161.8
291. 0
151.1
307.7
146. 4
308. 9
151.0
338.8
169. 3
312. 3
149.0
364.6
370.6
396. 8
396.7
475. 0
430.0
434. 3
427.4
379.0
336.1
29.7
7.5
38.3
7.9
7.7
8.3
.6
7.8
.4
8.3
.3
7.4
.4
7.0
6.1
7.5
'34.4
'7.2
27.4
7.6
170. 4
178.2
161.9
182.4
163. 5 2 156. 0
166. 3
122.1 ' 158. 4 178. 2
OCases of 30 dozen.
cTBags of 132.276 Ib.
9Includes data not shown separately, §Price for New York and Northeastern Xew
Jersey.
AFor data on lard, see p. S-28.
SURVEY OF CURRENT BUSINESS
8-30
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1963
1962
1962
Monthly
average
August
June
July
Aus.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
217. 1
56.8
166. 5
62. 4
July
June
FOOD AND KINDRED PRODUCTS; TOBACCO^Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Vegetable oils (total crude and refined) :
Exports
mil. Ib _
Imports
do
Coconut oil:
Production :
Crude
do
Refined
do
Consumption in end products
_ do
Stocks, crude and refined (factory and warehouse) end of month
mil lb._
Imports
do. _ _
Corn oil:
Production:
Crude
- - do
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Cottonseed cake and meal:
Production
thous sh tons
Stocks (at oil mills) end of month
do
Cottonseed oil:
Production:
Crude
mil Ib
Refined
do .
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Price wholesale (drums' N Y )
**> perlb
Linseed oil:
Production crude (raw)
mil Ib
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Price wholesale (Minneapolis)
$ per Ib
Soybean cake and meal:!
Production
thous sh tons
Stocks (at oil mills) end of month
do
Soybean oil:
Production:
Crude
mil Ib
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil Ib
Price wholesale (refined ' N Y )
$ per Ib
92. 6
47.2
141.4
55, 1
215.4
41.0
234.0
38.6
162.1
57.1
71.6
70.9
124.2
55 5
126.4
72 2
77.0
71.9
137.5
71.9
66.6
63. 7
230. 1
65.5
101.9
39. 0
.
1
41.6
38.6
54.4
i 35. 8
44.3
57.5
(2)
45.5
62.1
35.6
36.0
49.3
30.1
48.5
64.7
37.7
47.0
58.0
44.3
45.5
61.2
43.1
45.6
54.7
(2)
43.8
51.2
38.7
42.4
54.8
23.4
42.3
54.0
21.0
45.0
59.6
24. 7
46.2
61.0
313. 6
13.6
243.4
22.1
218.8
16.0
220.6
15. 5
209.4
26.1
206. 1
15.5
203.2
38.2
219.6
31.3
242.8
41.4
240.5
45.3
254. 9
37.7
255. 3
40.2
241.5
30.0
28.0
26.8
26.4
30.4
29.3
26.6
32.0
26.8
28.9
30.3
28.4
27 1
33.3
34.8
32 1
29.6
28 9
28.5
32.2
32.4
29.6
30.3
32.1
26.6
26.3
31.8
28 7
31.0
30.0
24.1
27.3
30.9
27 4
33.1
30.0
26. 9
31.8
28.1
26. 6
32.8
30.5
26. 5 |
33.5
29 0
34. 6
48.7
51.9
52.1
49.5
49.4
48.8
50.5
44.4
49.3
46.1
48.6
54.9
56.2 !
59-:.%
204.0
168. 4
222 5
118.1
99.9
155.7
85.2
133 9
103.2
94 2
237.9
99 5
348.3
92.9
362.9
99.2
300.0
98 5
322.1
105. 2
292.1
122.6
254.7
148. 8
194.2
197.7
135.2
216.6
149. 5
125. 5
110.7
161. 5
132.4
108.8
74.9
91.4
107.8
63.7
72.8
98.0
75 1
77.8
107 6
167. 2
113. 3
104.1
243 9
147. 6
115. 9
255.4
175.3
103.4
211.4
162. 5
101.2
228.3
171.4
104.3
206. 3
162. 7
96.1
182.6
165. 1
98.0
139.0
147.7
89.2
98.4
125.4
91.8
335.8
. 186
419.6
.167
401.5
169
324.4
165
270 7
161
296. 2
. 158
379. 5
. 155
460. 8
. 151
529.9
.151
598. 1
. 153
656.0
. 151
678.4
. 153
644.1
r
151
583.6
. 155
52(5. 2'
p 15-1 !
35. 5
31.8
31.8
31.5
20.9
36.0
14.3
35. 1
27 1
35 2
44.8
31.7
49.0
31.4
39.9
27.4
33.8
25.6
39.1
28.6
30.9
28.0
36.6
30.8
35.2
35.0
38.0
35.4
39.8
35.5
103.0
.142
112. 5
.142
105.4
.147
79.3
145
73 2
138
83.8
.131
99.7
.126
116.6
.129
123.4
. 127
130.9
.127
132.4
. 127
133.7
. 127
134.3
.127
129.2
.127
130.7
P. 127
778. 4
147.2
867.8
86.5
794.0
88.0
807. 7
91.2
799 0
72 9
709. 2
85.1
914.8
68.3
988.2
64.4
981.9
88.8
987.2
99.3
893.3
78.7
960.0
123.3
823. 3
96.0
945.6
102.7
899.7
134.8
370.2
299. 4
288. 7
407.4
338.9
340.6
376. 6
364.9
378.7
383. 9
314. 5
337. 0
379.7
339.9
342. 8
334. 4
318. 1
331.7
428. 6
369. 0
365. 1
452.3
355. 2
344.2
450. 4
329.6
320.2
456. 2
348. 8
328.0
413. 1
315. 0
326. 5
451. 5
362. 6
341.6
386.4
338.3
290. 6
443.7
316.7
315.8
422. 2
333. 5
307.8
593. 4
.130
' 640. 1
.129
842. 1
. 135
788.1
.132
832.8
'.135
878. 2
".133 !
704. 5
. 157
' 804. 4 <»• 824. 7
.133
.128
r
780. 0
.122
r
700. 5 ' 619. 5
.125
. 123
r
T
733. 5
.128
r
725. 2 ' 846. 1
.134
.133
22.4
54. 1 |
66.5
r 233. 2
31.1
23.3
49.9
62.2
210. 9
20.0
24:..8
86;.6
210. 8
62.2' . _ ...
80,0
95.4 !
...
_ .
._
__
TOBACCO
Leaf:
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers', end of quarter total
mil Ib
Exports incl scrap and stems
thous Ib
Imports, in cl scrap and stems
do
Manufactured:
Production (smoking, chewing, snuff)
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-exempt
_ _
millions.-
I
i
32.061
3 2, 309
j 4, 580
41,750
13.870
3 4, 696
39, 073
13,951
4 331
38.835
12, 410
34, 625
12, 072
14,429
14, 066
14,094
12. 346
3. 296
3.422
40 677 41 9()5
530
531
Cigars (lar?e), taxable
_
do
Manufactured tobacco, taxable _ _ _ - t h o u s . l b . _ 14.123 13. 770
i
1
.
851
2.
007
Exports cigarettes
millions
34,932
14,123
4 605
77,051
12.785
45, 907
14. 830
15,926
13, 367
3, 208
3, 537
3,625
41 ?94 39 377 47 303
535
520
596
14. 200 12, 766 ! 15,031
2, 062
2. 119 i 1.902
3, 245
40 466
515
13, 333
2,188
52,993
18.187
5 099
52, 588
10, 335
6,484
15, 172
30 926
13, 834
5 067
36, 027
13. 492
16, 499
14, 337
11,212
14. 236
13, 093
3, 221
45 461
622
15,711
1,217
3,661
42 546
662
13,863
2. 155
3. 514
34 734
336
11.953
2,451
2,417
43 467
494
13, 903
581
r
40.949
13.458 i
33, 135
13, 209
28, 335
14, 547
13, 285
14. 430
14. 792
3, 338
37 969
452
12. 503
2, 148
3.428
39 555
'475
12, 942
2.043
3, 483
42 271
'554
14, 139
2 044
4,107
48 948
644
14. 708
2 635
1 929 i
1
4
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous. $..
Calf and kip skins
thous. skins__
Cattle hides
thous hides
Imports:
Value, total 9
_ thous $
Sheep and lamb skins
thous. pieces..
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9 Mi/1 5 Ib
..$ perlb..
Hides, steer, heavy, native, over 53 Ib
do
!
7, 179
209
637
6, 909
171
593
7, 944
180
605
7. 518
116
690
8, 50(5
135
773
6, 746
217
582
6, 843
171
581
7, 504
184
672
5.510
125
530
3, 961
39
382
7,104
190
625
7,677
161
734
5, 501
175
529
>• 6, 799
155
701
5,249
139
539
5, 357
2. 325
1,228
5 539
2,290
1,198
6,021
2, 782
1,278
4 921
1.115
982
5, 172
2. 070
1,375
3.979
1,159
913
4 398
2, 052
954
3 492
1, 103
992
3 361
823
989
2 917
361
590
6 153
2,546
1,782
7 645
4,925
1.097
6 220
2,992
1,429
r 7 Q9Q
3. 132
1.515
4 88T
1.608
1. 127
P . 631
P . 150
p. 623
p. 152
. 625
.163
. 575
.153
.600
.158
.625
.168
.575
.103
.550
.153
. 550
.138
.500
.133
.475
.110
.400
.118
.375
.113
.375
.118
P. 350
p. 108
513
1, 882
1,281
2, 615
380
1.533
1 133
1 976
537
1,993
967
2. 784
452
1, 795
1. 049
2.419
531
2.081
1 338
2, 834
532
1,909
1 948
2 838
472
1,724
1 113
2 413
515
1,860
1 395
2 714
458
1,722
1 111
2 923
418
1,772
1 1 76
9 675
462
1, 798
2 772
499
1,947
1 969
3 1"
3, 950
3 387
2, 249
2 933
2, 828
3 105
3, 698
2 930
4. 196
? 284
3, 879
2 873
4,615
3 893
3. 221
1 042
5,777
3 865
5,507
3 633
4, 174
2 773
4,436
4 096
4, 236
.680
.710
.710
.710
.717
.717
.697
.697
.697
.693
.693
p. 687
1. 350
1.333
1.337
1. 337
1.260
1.220
LEATHER
Production :
Calf and whole kip
thous skins
533
498
1,877
Cattle hide and side kip__. thous. hides and k i p s _ _ 1,895
1, 184
1,239
Goat and kid
thous skins
Sheep and lamb
_
do
2, 658
2, 527
Exports:
Glove and garment leather
thous. sq. f t _ . 5.244
3,502
Upperand lining leather
do
4, 291
3 019
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
$ per l b _ . p . 707 p .711
Upper, chrome calf, B and C grades, f.o.b. tannery
$ per sq. ft.. p 1.401 v 1. 326
r
Revised.
v Preliminary.
1
Average based on reported annual
t o t a l . 2 Xot available.
3
Crop estimate for the year. 4 Aug. 1 estimate of the 1963 crop. *
Quarterly average.
:™
1.307
r
r I
191
9 Qfifi
1.197
1.158
1.152
1.177 ' 1.173 p 1.1 73
IData formerly shown in mil. Ib.
9 Includes data for items not shown separately.
0
Revisions for Tan.-May 1962 (mil. Ib.): 939.5; 969.0; 966.7; 939.4; 946.4.
2
<;>
37
SURVEY OF CURRENT BUSINESS
August IOCS
1'nless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
S-31
1962
1962
Monthly
average
June
July
Sept.
Aug.
1963
Nov.
Oct.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
•Tuly
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes cind slippers:f
Production total
.. _ _ . t h o u s . pairs-- 49, 442
Shoes, sandals, and play shoes, except, athletic
thous . pairs. _ 42, 303
6,081
Slippers for housewear
do
553
\thletic
_ .do ..
Other footwear
do
505
51,617
49, 507
46 322
59 295
48 935
47 244
42 465
52 413
49 760
51 983
49 367
48 863
44,011
6 326
560
720
41, 784
6 511
584
628
39, 833
5 550
352
587
49, 275
8 585
575
860
39, 540 43, 308 38, 570
7 829 8 702 7 375
499
590
586
1 067 1 059
713
37, 391
3 906
489
679
47, 538
4 004
456
415
44, 864
3 995
528
373
46, 026
4 989
505
463
43. 251
5 084
612
420
41,915
5 855
660
434
179
177
159
131
206
197
215
201
154
73
214
233
161
160
145
105.5
105.6
105.8
105 8
105 8
105 8
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
108.1
110.2
107. 8
111.2
108.3
110.9
108 3
111.2
108 3
111. 1
108 3
111.4
106 5
111.5
106 5
111.4
106 5
111 8
106 5
110 9
106 5
110.6
106 5
111 0
106 5
109.9
106 5
110.2
106 5
110.0
Exports
-do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
._ 1957-59=100Women's oxfords, elk side upper, Goodyear
welt
1957-59 = 100
Women's pumps, low-medium quality do
53 652
LUMBER AND MANUFACTURES
LUMBER— ALL TYPESt
National Lumber Manufacturers Association:
Production, total
mil bd. ft_Hard woods
do
Softwoods
do _ -
2 654
497
2, 157
2,740
536
2,204
2 825
554
2 271
? 649
552
2 097
3 164
633
2 531
2 911
620
2 291
3 088
642
2 446
2 839
673
2 166
2 473
614
1 859
9 603
603
2 000
2 560
620
1 940
2 933
666
2 267
2 983
718
2 265
3 162
703
2 459
2 871
709
•? 162
2,705
536
2, 170
2,758
530
2,227
2 944
519
2 425
2 682
491
2 191
3 058
535
2 523
2 712
533
2 179
2 931
563
2 368
9 728
620
2 108
2 431
602
1 829
2 579
594
1 985
2 540
655
1 885
2 880
688
2 192
3 026
681
2 345
3 287
666
2 621
2 965
646
2 319
7,001
1 863
5 138
6,292
1,488
4.804
5, 955
1 324
4 631
5,934
1 385
4 549
6,037
1 483
4 554
6 202
1 537
4 66ci
6,454
1 720
4 734
6 509
1 723
4 786
6 596
1 779
4 817
6. 590
1 788
4 80?
6,590
1 753
4 837
6.644
1 731
4 913
6 674
1 768
4 906
6, 469
1 805
4 664
6,371
1 868
4 503
63
355
63
408
66
467
64
482
57
490
59
408
58
474
68
357
64
301
58
252
61
410
71
493
63
r 425
83
463
60
516
640
471
672
498
741
500
6^8
504
721
481
595
445
697
460
628
441
629
507
675
570
621
617
634
580
717
593
751
562
657
578
642
640
1,126
655
665
993
661
752
958
581
624
927
714
744
893
632
631
894
696
681
886
681
647
914
576
563
928
657
612
943
644
573
994
698
671
1,022
706
704
1 045
698
781
942
571
641
872
23
Exports total sawmill products
do
10
Sawed timber
do
12
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft.. 78. 43
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft.. 124. 21
Southern pine:
474
Orders, new
mil. bd. ft._
224
Orders, unfilled, end of month
..do
26
10
17
24
8
15
28
o
18
26
8
18
22
q
13
27
9
18
27
7
20
26
8
18
25
9
17
24
9
15
32
14
19
32
11
21
35
11
24
22
8
14
78.65
78.90
81.29
81.50
81. 39
79.41
77.81
76 66
77.82
78.24
78. 13
78 67
122. 52
120. 10
122. 18
123. 31
124. 73
125. 98
125. 98
126. 44
127.42
129. 12
130.05
130. 51
503
255
505
264
502
251
546
246
503
249
542
243
480
231
366
225
460
243
425
250
508
276
578
318
571
309
521
312
467
472
503
500
519
527
495
515
560
551
498
500
551
548
493
499
416
372
474
449
448
418
485
482
514
536
559
580
503
518
1, 360
5,827
1,342
4,486
1, 366
6, 325
1, 571
4,754
1, 353
6, 615
1,944
4,671
1,333
5,801
1,787
4,014
1,342
5, 932
811
5, 121
1 340
6, 941
2, 234
4, 707
1 343
3,880
300
3,580
1 344
5, 543
637
•1, 906
1 388
5, 898
673
5, 225
1 420
1,393
305
1, 088
1 450
7,614
761
6,853
1,453
6, 075
655
5, 420
1 431
5, 174
907
4, 267
1 410
9, 761
1 402
8, 359
1 395
5, 334
534
4,800
92. 7
93.1
94.4
93.5
92.3
91.9
91.8
91.6
91. 1
90.9
90.9
91.2
91. 7
92. 1
92.8
95.3
94.6
94.6
94.3
94.7
94.8
95.1
95.2
94.9
94.6
94.4
94.4
94.5
95.0
95.3
758
769
400
809
437
783
445
805
366
742
354
817
358
654
314
698
345
713
403
587
367
74?
364
848
424
908
4UO
872
417
758
766
1, 679
784
807
1, 568
7.^9
775
1 552
928
884
1, 596
871
754
1 713
871
813
1, 771
715
697
1 789
657
667
1,779
604
655
1.728
578
623
1 683
799
1,858
1,737
736
788
1 737
883
932
1 636
797
856
1 577
69.63
67.43
69.59
69. 08
67.76
66.03
66. 25
65. 15
65. 26
64. 95
65.11
06. 06
67.72
68. 53 » 68. 53
3.1
11.3
3.1
3.0
8.7
3.1
10.5
2.7
2.9
7.9
4.6
11.6
3.0
4.0
8.2
3.2
11.0
2.7
34
7.0
3.4
10.1
3.0
3.5
6.2
2.3
9.7
2.5
2.6
6.1
3.0
9.7
2.9
30
6.0
3.0
9.6
2.6
2.8
60
2.4
98
2.6
20
6 3
3.0
10 5
2.8
2 4
6 8
3.0
10 6
2.7
2 6
6 9
3.4
11 5
2.7
2 4
7 1
2.8
11 6
2.8
26
7 4
3.4
11 4
2.8
32
6 9
3.5
11 4
2.5
3 4
6 2
64.2
35.6
65.5
65.4
100.8
65.7
42.8
65 0
65.9
75.2
68.9
47.6
66. 1
70.9
74.8
67 3
46 9
63 5
68 2
68.9
80.9
46.3
77 9
81.6
64.6
69 8
43.6
66 2
69. 7
59.4
67 7
76
50
58
58
51
70 1
52 3
68 3
51 6
69 3
70 2
458
77
52
76
77
44
68
49
70
74
40
Shipments, total _
Hard woods
Softwoods
_
-
-
...do
do
do
Stocks (gross),
mill, end of month, total_--do
Hardw r oods
do
Softwoods
- -.do. _ _
Exports total sawmill products
Imports total sawmill products
-. _
do
do
SOFT WOODS t
Douglas fir:
Orders new
_
mil bd ft
Orders, unfilled, end of month
.__
do
Production
Shipments
Stocks (gross), mill, end of month
...
do
do
_ do ._-
Production
do
Shipments
do
Stocks (gross), mill and concentration yards, end
of month
_ . mil. bd ft
Exports, total sawmill products
M bd. ft Sawed timber,
._ _ _ . d o -..
Boards, planks, scantlings, etc..
do
Prices, wholesale, Cindexes):
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..
We.stern pine:
Orders, new.
mil bd ft
Orders unfilled, end of month
do
Production
do
Shipments__ __ _
do
Stocks (gross), mill, end of month ___ ._ ..do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12" R. L. (6' and over)
$ per M bd. ft...
358
749
759
r
79. 86 v 80. 82
131.74 pl31. 74
HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
.mil. bd. ft._
Orders, unfilled, end of month
_ d o _ __
Production
do
x-Miipments
_ __ _ .
do
Stocks (gross), mill, end of month. _ _ _..do
OakOrders, new
_
do
Orders, unfilled, end of month
do
Production
do
Shipments
_
__
_
do
Stocks (gross), mill, end of month. ... do
r
Revised.
» Preliminary.
t Revisions for 1960-Sept. 1961 appear in Census report (M31A(61)-13).
66
38
77
75
59
6
0
2
0
9
60 2
32 4
68 8
64 9
61.5
47
29
54
49
48
0
4
0
1
5
o^ 3
67 4
63 8
52 1
0
8
1
6
6
()9 7
67 1
472
0
1
7
6
8
4
Q
0
5
'?
t Revisions will be shown later as follows: Production, shipments, and orders, 1959-Oct.
1961; stocks, 1948-Oct. 1961; exports, total sawmill products, 1961.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
August 1903
1962
1962
Monthly
average
June
July
Aug.
Sept.
1963
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfs. and
ferroalloys) :
Exports, total 9 d*
thous. sh. tons_.
Steel mill products
_ do
Scrapcf
-- do
Imports total 9 cf
Steel mill products of
Scrap
do
do
do
Iron and Steel Scrap
Production and receipts, total
thous. sh. tons..
FTome scrap produced
do
Purchased sprnp received (net)
do
(Consumption total
do
Stocks consumers' end of mo
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
I
$ per Ig. ton_.
Pittsburgh district
do .
Ore
1,018
106
809
615
168
426
620
158
445
470
140
313
704
214
461
902
204
674
532
142
380
572
189
363
536
164
354
220
53
145
796
174
556
638
179
425
198
459
223
564
169
589
329
262
21
424
342
22
477
364
19
519
395
66
505
375
15
374
285
15
406
325
20
450
353
23
384
311
20
234
18
340
13
387
18
425
17
516
30
467
28
5,315
3,206
2,109
5,361
8,651
5.494
3.387
2,107
5,513
8, 844
4,938
3,058
1.880
4, 862
9.196
4, 325
2,640
1,685
4, 243
9,276
4, 890
3,046
1,845
4, 967
9,199
4,706
2. 985
1,721
5, 025
8,884
5, 530
3,241
2,289
5,509
8, 916
5,415
3. 252
2, 163
5.517
8,807
5,251
3,138
2, 113
5, 454
8, 592
5, 516
3.347
2.169
5, 680
8.307
5,587
3.292
2, 295
5, 668
8. 225
' 6, 519
3, 877
2, 041
0. 825
7, 920
36.64
35. 00
v 28. 12
P 29. 00
24. 13
26.00
24. 59
26.00
26.86
29. 00
26.39
27.00
24.38
25. 00
23. 58
23.50
25. 25
26. 50
25.61
28. 00
27.17
29.00
26. 51
28. 00
27.00
30. 50
r
28. 30
30.50
P 26. 20
p 25. 00
r
f
S, 336
9, 092
3, 053
3,706
P7.076
P4.215
p 2, 861
P 7. 207
P 7, 786
Iron ore (operations in all U.S. districts):
Mine productioncf
thous. Ig. tons.. 5. 983
6. 033
Shipment^ from minescf
do
2, 151
Iniportscf
do
T.S. and foreign ores and ore agglomerates:
7, 759
"Receipts at iron and steel plants
do
8, 143
Consumption
at iron and Q teel plants
do
71
415
Fxportsrj
do
81, 930
Stocks, total, end" of mo. d*
do
1
15.
873
At mines cJ
do
59. 790
At furnace yards
do
T
6,267
At T S docks
do
6, 050
5, 859
2. 786
9.617
11.117
4. 285
9, 050
11,039
4,041
9.061
9,811
3. 045
7, 495
8,108
3; 529
5.554
7, 073
3, 054
3,194
3,451
2.476
3,107
1,198
1,461
3, 325
1,448
1,374
3,151
1.203
1. 451
3,763
1.419
1.362
4,031
2, 123
1.876
8, 121
8. 041
491
75, 737
14, 657
55, 293
5,787
13, 553
6. 747
853
71,030
16, 400
49, 447
5,183
13, 449
5, 962
1,222
76,911
14, 408
56, 934
5, 569
12, 226
6, 668f
82, 007
13, 657
62. 492
5. 858
10, 540
6, 762
654
85, 725
13. 047
66, 271
6,407
10. 364
7. 268
447
87, 470
11,528
69, 367
6,575
6, 375
7. 366
386
86, 118
11,271
68. 376
6,471
2,789
7,552
262
83, 194
13, 152
63, 613
6.429
2 379
8^278
81
79. 014
15,098
57, 720
6, 196
2. 612
7. 691
112
75. 835
17.046
"•2, 641
6,148
3.426
9. 339
104
71. 995
19, 390
46. 720
5. 885
4.026
9,691
178
67,611
21, 335
41. 054
5. 290
12, 050
10, 701
843
67, 895
20, 570
42, 378
4,947
13, 177
10, 018
949
68, 969
19. 002
45, 033
4,934
86
79
88
72
71
69
85
33
41
35
116
107
86
42
105
5,393
5,483
5,477
5, 550
4, 582
4,605
4,211
4,167
4, 586
4, 757
4. 659
4,825
5, 009
5, 213
5, 094
5,207
5,337
5,356
5,584
5,677
5,316
5,413
6,449
6, 576
6. 763
P 6. 904
7,436
6, 940
3,250
3,178
3,345
3,443
3,368
3,266
3,150
3,075
3,125
3,040
2, 969
65. 95
66. 00
66. 50
65.46
65.50
66.00
65. 95
66.00
66. 50
65. 95
66.00
66.50
65. 95
66. 00
66. 50
65.95
66.00
66. 50
65.95
66.00
66.50
63.08
63.00
63.50
62.95
63.00
63.50
62.95
63.00
63.50
62. 95
63.00
63. 50
62. 95
63. 00
63. 50
62.95
63. 00
63.50
653
902
515
680
963
527
628
990
553
643
800
452
660
882
551
727
922
523
695
1,045
581
669
988
535
693
892
464
755
••984
496
775
'924
483
802
1.048
558
818
' 1, 154
653
840
1,218
688
56
60
36
73
72
41
69
74
73
57
72
66
76
68
74
81
47
79
77
45
82
70
39
80
80
45
83
75
42
83
81
45
79
82
46
78
85
48
8,168
100.9
8,194
101. 2
6,692
83.8
6,174
74.8
7.098
86.0
7, 251
90.8
7,781
94.3
7,846
98.3
8,080
97.9
8,391
101.7
8,222
110.3
10, 080
122.2
10, 695
134.0
153
101
78
183
119
93
172
127
101
176
97
75
173
113
88
167
101
80
171
112
89
175
106
83
181
109
86
193
115
91
196
116
91
207
127
99
215
130
104
217
145
115
274
99
73
308
113
86
299
122
'93
302
97
72
301
109
84
280
101
77
271
116
89
277
108
83
282
97
74
282
115
85
305
111
82
310
122
92
323
124
92
312
125
93
297
118
87
5, 510
212
395
496
70
839
532
204
98
589
253
510
2,147
585
1,013
5,879
231
395
522
86
916
597
199
112
592
259
505
2.373
646
1,126
5, 360
188
402
453
87
830
500
222
101
676
273
587
1.862
501
822
4, 505
177
351
381
70
701
413
204
78
600
209
506
1. 509
421
669
5, 402
197
409
438
00
854
516
232
99
723
2^3
571
1.897
530
829
5, 125
194
351
430
54
824
522
205
91
623
249
453
1.947
531
875
5,579
217
394
453
68
915
570
233
104
595
266
376
2.297
622
1,077
5,499
225
375
483
73
881
584
187
103
485
238
337
2.401
671
1.148
5,001
211
330
460
68
778
531
147
93
394
199
303
2.257
643
1, 090
5,731
238
354
484
71
878
612
144
113
440
237
539
2,491
680
1.208
5, 604
235
366
514
97
849
593
141
108
433
231
495
2.384
668
1, 130
6,691
272
442
613
102
1.009
703
177
120
564
282
507
2.840
804
1, 354
7,308
314
498
632
109
1, 119
735
247
129
706
324
567
3, 038
888
1,434
8,061
342
548
715
113
1,245
844
254
139
768
350
606
3,373
986
1,594
7,375
316
479
652
111
1,136
743
256
129
724
302
500
3.094
891
1, 455
10.6
P4.3
P4. 4
3.4
11.4
3.9
4.6
3.5
10.9
3.5
4.0
3.5
10.5
3.9
4.3
3.4
9.9
3.7
4.3
3.3
9.2
4.1
4.8
3.2
8.9
3.9
4.2
3.2
8.7
3.9
4.1
3.3
8.8
4.4
4.3
3.2
8.9
4.2
4.1
3.2
9.2
4.9
4.6
3. 1
9.6
5.3
4.9
3.3
'10.4
••5.9
5.1
p 3. 3
"11.1
p 5.6
p4. 9
7.2
6.9
.0698
6.7
6.8
.0698
6.8
6.6
.0698
6.5
6.5
. 0698
Manganese (mn. content), general im ports d* -do
83 ;
Pig Iron and Iron Products
PisMron:
Production (excl. blast furnace production of ferroalloys)
thous sh tons
Consumption
do
Stocks (consumers' and" suppliers'), end of mo.
thous sh tons
Prices:
Composite
$ per Ig. ton..
Basic f furnace)
- do
Foundry No 2 Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments totaled
do
For saled"
- do _
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons
Shipments total
do
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous. sh. tons..
Index
.1957-59=100..
Steel castings:
Orders, unfilled, for sale, end of mo.*
thous. sh. tons..
Shipments, total.
do
Steel forgings (for sale):
Orders, unfilled, end of mo
Shipments total
Drop and upset
do
do
-.do
Steel products, net shipments:
Total (all grades)
_
__do
Semifinished products
do
Structural shapes (heavy), steel piling.. .do
Plates
do
Bars and tool steel, total
do
Bars- Hot rolled (incl. light shapes) _ . _ d o
Reinforcing
do
Pipe and tubing
do
Wire and wire products
do
Tin mill products
do
Sheets and strip (incl. electrical), total
do
Sheets: Hot rolled
_
do ..
Cold rolled
do
Steel mill products, inventories, end of mo.:*
Receipts during month
do ..
Consumption during month
do
Warehouses (merchant wholesalers)..
do
Producing mills:
m process (in goi.,, be mil in ._
, e . . ; _ _ _ _ __ .
Steel (carbon), finished, composite price__-$ per lb._ . 0698
r
Revised.
P Preliminary.
9 Includes data not shown separately.
cf Scattered revisions for 1959-61 are available upon request.
*New series (Bureau of the Census). Data for steel mill inventories represent industry
' 2, 864 P 2, 746
62. 95
62. 95
63.00 p 63. 00
63.50 P 63. 50
62.95
11,490 '10,365 p 8, 651
139.3 ' 129. 8 P104.9
7. 5
7.6
P7.5
7.5
7.3
7.4
7.2
6.7
6.8
6.7
7.2
7.4
7.0
7.1
p?.3
6.8
6.4
6.8
6.3
6.3
.0704
.0704
.0698
.0698
.0701
.0704
.0698
.0698
.0698
.0698
.0698
totals for the specified holders of steel mill shapes; stocks held by nonmanufacturing industries
are not shown. Consumers' operations include fabricating activities of steel producing
companies. For warehouses, data are derived from value of inventories.
SURVEY OF CURRENT BUSINESS
August 19C3
Unless otherwise stated, statistics through I960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
1 1962
Monthly
average
S-33
June
July
Aug.
Sept.
1963
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
j June
July
!
METALS AND MANUFACTURES -Continued
IRON AND STEEL— Continued
Steel. Manufactured Products
Fabricated structural steel:
Orders, new (net)
Shipments
Backlog end of year or mo
thous. sh. tons..
do
do
Barrels and drums, steel, heavy types (for sale):
Orders unfilled end of mo
thou*5
Shipments
do
Cans (tin plate), shipments (metal consumed),
total for sale and own uset
thous. sh. tons..
343
318
2.723
302
322
2,624
292
349
2,406
239
308
2,357
289
367
2,301
326
314
2, 316
301
357
2,351
324
315
2,475
478
282
2,624
328
235
2,609
286
244
2,708
312
306
2,864
389
355
2,613
1. 521
1, 834
1,404
1,947
1,460
2,240
1,402
1,992
1,331
2,079
1,421
1,850
1,277
1,924
1,266
1,816
1.285
1, 537
1,296
1,714
1.395
1, 807
1.297
2,053
1,288
2,029
418
431
478
512
630
570
438
4
320
338
310
365
413
439
176.5
1 33. 3
179.1
52.0
184 1
41.0
168. 1
46.0
176.2
46.0
185.2
52.0
179.7
51.0
182.4
47.0
184.2
49.0
163. 0
57.0
181.6
61.0
181.3
67.0
192.9
63.0
192.5
16.6
4.1
10.7
25.6
4.9
12.6
33.1
6.0
10.3
38.9
5.2
12.7
27.3
5.3
10.3
29.8
4.0
17.1
27.7
4.4
11.5
25.7
4.4
9.7
22.2
2.3
13.8
22.3
1.7
5.2
21.5
3.4
17.0
18.6
3.5
16.6
30.6
3.3
16.8
35.5
3.3
16.9
47.4
2.8
12.6
258. 2
. 2546
153.1
. 2388
132.6
.2400
131.7
.2400
130.8
. 2400
148.3
.2400
148.1
.2400
152.9
.2400
140.1
.2254
154. 4
.2250
139.0
. 2250
119. 6
.2250
101.7
. 2250
88.2
.2250
83.3
.2250
403.4
278.8
124.4
63.5
464.3
317.6
142.6
77.2
506.5
347.4
158.7
77.4
449.3
320.4
144. 3
60.7
442.9
319.9
137.6
74.3
437.2
293.9
126. 3
74.5
477.4
324.6
143. 5
85.6
473.4
318. 5
139.6
82.9
436.9
282. 5
131. 1
74.6
487.1
330.6
153.9
84.5
471.0
307.1
136.7
79.2
496.8
345. 0
159. 8
82.5
97.1
129.2
98.4
30.8
21.9
102.3
134.3
101.2
33.1
22.7
102.8
145.8
109.1
36.7
25.2
91.5
124. 5
90.9
33.6
21.0
93.8
89.9
2 249. 3
2 186. 3
262.9
246.8
106.1
132.3
101.4
30.9
25.8
104.2
142.0
104.1
37.9
22.4
101.9
127.9
99.5
28.4
21.1
99.5
121.6
107.1
14.6
22.8
94.4
121.7
92.5
29.2
25.6
105.1
134.3
100.6
33.6
27.5
105.3
132.1
101.2
30.9
25.4
' 105. 0
137.2
106.7
30.5
24.1
93.7
138.9
102. 4
36.5
24.4
38.4
5.6
40.1
8.2
41.4
6.9
47.0
8.1
22.5
7.3
28.3
5.3
62.6
14.1
21.5
6.4
39.9
20.2
26.2
7.6
24.7
6.6
61.3
4.4
35.2
8.4
42.9
9.0
46.2
9.6
48.4
35.7
124.0
32.1
28.0
134. 2
37.5
34.6
142.9
26.3
22.9
95.8
32.0
27.4
137.6
32.3
28.2
132.9
23.1
20.0
146.1
24.0
21.2
140.6
37.5
35.4
121.8
13.9
12.7
147.6
27.3
24.2
142.6
33.1
30.6
29.7
27.2
26.8
24.7
"160.5
P
147.
6
153.3
187.7
105. 1
.2992
177.5
102.0
.3060
157.1
102. 5
.3060
206.8
121.1
.3060
204.2
105.4
.3060
194.4
104.0
. 3060
205.9
100.3
.3060
201. 1
100.8
.3060
201.2
102.0
.3060
200.8
104.0
.3060
199.6
98.2
.3060
193.3
98.9
.3060
517
388
212
578
409
229
607
422
242
21.8
37.7
'19.7
36.9
24.1
36.6
21.3
31.8
16.8
35. 7
13.9
37.3
14.8
40.7
14.4
40.2
14.2
36.7
15. 5
37.5
13.2
38.7
14.8
41.4
20.8
39.4
24.1
38.9
22. 0
33.7
85.0
r
33.4
92. 5
30.9
87.6
23.2
77.2
33. 8
93.1
36.3
89.2
38.9
103. 8
26.3
94.4
25.7
90.2
31 1
99.7
24.1
95.1
34.9
91.9
30.1
94.6
30.2
97.2
34.1
90. 6
409
390
2,668
345
360
2, 396
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons..
Imports (general):
IVTetal and alloys crude
Plates sheets, etc
"Fxports metal and alloys crude
do
do
do
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons..
Price, primary ingot, 99.5% min
$ per l b _ _
Aluminum shipments:
Ini?ot ind mill products (net) At
\TI11 products total 1
Plate and sheet (excl foil)§
Casting^t
mil Ib,
do
do
do
Copper:
Production:
Mine, recoverable copper
thous. sh. tons..
Refinery, primary
do
From domestic ores
do
From foreign ores
do
Secondary, recovered as refined
do
Imports (general):
Refined, unrefined, scrap©t
do
Refined
do
Exports:
Refined, scrap, brass and bronze ingotst.do
Refined
do
Consumption, refined (by mills, etc.)
do
Stocks, refined, end of mo., total.
Fabricators'
Price, bars, electrolytic (N.Y.)
do
do
$ per lb_.
Copper-base mill and foundry products, shipments
(quarterly avg. or total):
Copper mill (brass mill) products
mil. lb_.
I>ad:
Production :
Secondary, estimated recoverable©
Imports (general) ore© metalt
do
do
Stocks, end of year or mo.:
Producers', ore, base bullion, and in process©
(ABMS)
thou^ sh tons
Refiners' (primary), refined and antimonial
thous. sh. tons.Consumers'c?
do
Scrap (lead-base, purchased), all smelters
thous. sh. tons..
Price, common grade (N.Y.)
$perlb_.
Tin :
Imports (for consumption) :
Ore©
Bars pigs etc t
\s metal
Consumption pig total
Primary
-
--
.
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of mo
Price, pig, Straits (N".Y.), prompt
158.6
' i 28. 4
T
535
390
212
' 537. 5 591.2
' 356. 0 402.4
' 166. 6 198.0
83.1
83.5
v 184. 4
"98.8
. 3060
"168.0
"89.2
.3060
32.0
28.9
v 152. 3
p 153. 3
"87.6
.3060
100.6
91.0
94.3
96.5
87.4
87.7
95. 1
91.1
91.0
88.1
87.1
79.7
80.8
79 9
205. 6
99.1
144.6
90.0
188.4
106.0
191.1
102.1
188.4
99.4
179.5
92.0
172.1
90.8
161.9
94.7
144.6
90.0
132.9
94.4
119.8
95.0
112.7
99.0
112. 6
97.2
108. 5
94.1
41.3
.1087
43.5
.0963
36.5
.0950
39.9
. 0950
39.0
. 0950
35.4
. 0950
35.6
. 0950
38.1
. 0995
43. 5
. 1000
46.8
. 1030
49.5
.1050
47.4
.1050
48.4
. 1050
48.1
.1050
. 1071
743
3, 324
1,810
250
0, 520
4, 190
447
3,422
1,750
250
6.590
4,550
1,005
2,383
1, 820
235
6,710
4, 735
530
2,784
1,630
270
5. 610
3, 850
CO
3,347
1, 700
255
6,150
4,175
242
4,042
1,700
240
5,690
3,910
0
2, 809
1,990
255
6,080
4, 150
340
4, 086
1,895
260
6. 000
4,030
100
3,152
1.675
260
5. 515
3. 760
42
3, 177
1, 875
21.5
6,365
4,415
4
3, 664
1,760
195
6, 195
4, 445
0
3,929
1,840
225
7, 115
5,115
405
3, 732
1,830
235
7,070
5,085
0
4,996
3
4.384
67
do
22, 630
do
1.
1327
$perlb__
36
21,730
1. 1461
45
23
19, 695 322, 100
1. 0846 1. 0846
110
20,865
1. 0876
9
20, 575
1. 1078
61
21, 654
1. 1064
21,505
1. 1106
Ig tons
do
do
do
do
1
21
20, 735 20. 225
1.
1145
1. 1302
64
84
22,095 J24.025
1.
0922
1. 0854
.3060
"665
"440
"240
595
'414
235
590
422
227
. 2250
.1107
7.420
5, 290
27
84
410
22, 515 121.255
1. 1302 1. 1665 "1.1772" 1.1534"
7
Anc:
Mine production, recoverable zinc
thous sh ton*'
Imports (general):
Ores©t
do
Metal (slab, blocks)
_....__
do
Consumption (recoverable zinc content) :
Qpgg0
(Jo
Scrap, all types
do
38.7
42.1
42.7
38.3
44.7
42.1
46.7
44.0
42.6
43.6
11. 5
43.6
45.7
' 45. 4
42.5
34.6
10.6
39.0
11.8
45.2
9.8
40.2
13.8
34.2
8.2
40.0
11.5
39.7
11.7
34.0
10.2
32.1
14.4
31.9
8.7
32.2
7.9
29.6
18.0
34.3
11.7
28.0
10.4
34. 8
7.7
8.1
14.9
7.9
19.8
7.8
20.8
7.5
16.8
5
7.7
31. 7
8.1
21.7
7.6
19.2
8.5
17.8
7.6
16.1
7.4
15.6
7.9
16.1
8.2
15.7
8.9
16.8
7.8
6. 2
r
l
Revised.
" Preliminary.
Recoverable aluminum content. Monthly data are
2
xpressed in metallic content (incl. alloying constituents).
Data are for Aug. and Sept.
962.
3 Includes 3,000 tons of tin made available by GSA for disposal at a maximum rate
'f 200
tons per week during remainder of 1962.
4
Includes
tin held by GSA.
$ AUL>-. 1962 consumption of copper-base scrap is included
ii Sept. 1962 data.
5
§ Effective with Feb. 1962 SURVEY, exclude* shipments of foil; see note in Mar. 1963 SURVEY.
ABeginning Jan. 1963, net shipments of ingot derived by new method to include imports
not previously included.
©Basic metal content.
t Scattered revisions for 1960-Apr. 1962 will be shown later.
cf Consumers' and secondary smelters' stocks of lead in refinery shape? and in copper
base scrap.
0 Revisions for 1961 are shown in the Nov. 1962 SURVEY.
SUEVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
August 1963
1963
1962
June
Tuly
Aug.
Sept,
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
'73.1
4 1
93.4
3.1
77.3
4.5
99 2
2.9
140.7
65 .7
. 1150
126. 5
64.3
.1150
May
June
July
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc — Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous. sh. tons..
Secondary (redistilled) production
do
Consumption, fabricators'
do
Exports
do
Stocks, end of year or mo.:
Producers' at smelter (AZI^A
do
Price, prime Western (St. Louis)
$perlb._
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, cast iron:
Shipments
mil. sq. ft. radiation-Stocks end of vear or mo
do
Oil burners:
Shipments
thous._
Stocks end of year or mo
do__
Stoves arid ranges, domestic cooking:
Shipments
total (excl liquid-fuel types) do__ _
1
Gasd
'
do
Stoves domestic heating, shipments, total do
Gasf
do
Warm-air furnaces
(forced-air and gravity air-flow),
shipment5^ totalf
thous
Gas
do
"Water heaters gas shipments
do_
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fans and blowers new orders
mil. $
TJnit heater group new orders©
d'o
Foundry equipment (new), new orders, netl
mo avg shipments, 1957-59 = 100
Furnaces, industrial, new orders, net:
Electric processing
mil. •$
Fuel-fired (exc for hot rolling steel) - -- do
Material handling equipment (industrial) :
New orders indexf
1957-59=100
Shipments indext
clo
Industrial trucks (electric), shipments:
Hand (motorized)
__
number __
Rider-type
do
Industrial truck's and tractors (gasoline-powered),
shipments
number-Machine tools:
Metal cutting tools:
Orders, new (net), total
Domestic
Shipments, total.
Domestic
Estimated backlog . --Metal forming tools:
Orders, new (net)
Domestic
_
Shipments
__
Domestic
Estimated backlog
70.6
77.6
4.2
73.8
4.6
84.5
3.0
68.9
4.1
80.3
2.4
66.8
4.0
66.7
2.4
69.1
3.7
79.4
1.6
70.6
4.0
83.3
2. 1
72.7
5.3
89.4
3.5
71.7
4.4
86. 1
3.5
76.0
3.9
81. 5
1.6
'77.0
3.8
84.8
.4
'69.6
3.6
81.3
3.3
' 77.0
3.9
86.5
3.2
145. 5
93.8
.1154
149. 6
75. 5
.1162
117. 1
72.5
. 1150
162.4
72.8
. 1150
167.9
68.7
.1150
168.9
61.6
.1150
159. 4
63. 1
.1150
154.2
68.0
.1150
149.6
75. 5
.1150
157. 1
72.0
.1150
154.7
68.9
.1150
154.2
66, 4
. 1150
2.6
1.5
1.0
2.9
1.0
3.4
.9
3.0
1.3
2.7
1.4
2.5
1.6
2.1
1.1
2.1
2.9
1.0
2.9
.9
2.9
1.1
3.3
.9
'2.8
.6
2.3
43.7
44.7
39.8
49.9
41.3
65.4
31.6
64. 1
50.1
62.2
62.0
55.2
62.7
34.4
53.0
26.7
49.9
32.8
56.3
33.5
60.4
32.9
64. 5
33.9
67 8
3^.5
60.8
147.8
144.7
166. 7
163. 6
167.4
164. 4
142.2
139.3
182.0
178.4
186. 5
182.5
195.9
191.6
165. 2
161.9
147. 6
145. 5
150.0
148.2
161.3
159.1
177. 1
174.7
176 9
174.6
187.3
185. 0
143.2
91.6
157. 0
94.1
138.0
88.6
161.6
95. 4
277.2
154. 0
251.8
150. 0
2S1.3
166. 5
201.5
142.7
93.5
62. 2
101.8
58.8
97.4
47.2
126.4
79.2
'99.7
49.8
110.1
55.8
97.9
76.7
204.7
108. 9
87.1
217.7
107.2
88.5
232.2
111.8
89.9
201.2
134. 5
105 2
226.1
154. 4
117.4
194.4
153. 3
117.6
255. 6
111. 1
87.6
238.4
90.4
74.5
251. 8
94.1
77.3
199.2
91 2
75.4
189 4
90 8
75.2
198 5
94 1
80 5
223 1
104.8
85.3
218 0
i 40. 8
i]5.7
1 40. 2
i 16. 2
45.8
18.4
111.4
131.5
233. 9
116.2
82.2
84.0
126.3
77.0
127.6
124. 6
S7 Q
107 3
148 7
1.2
2.8
1.7
2. 1
1.2
3.9
1.2
1.6
1.0
1.6
1.1
1.9
1.1
5.1
.8
1.7
.8
.8
1.8
3.4
10
5.5
1 9
3 1
10
4 7
112.6
129.4
106.8 • 118.7
110.2
111.2
104.7
119.2
109. 8
109.4
121.0
119.3
100. 6
122.3
99.2
109.3
134.1
88 5
120 2
145 9
150 4
4.6
1.0
2.6 :
103.4
89.6
37.2
15.1
36. 4
17.6
105 9
80 0
.1150
. 1202
39 3
13 2
15
1.4
385
380
500
471
492
560
568
524
517
420
528
506
527
503
525
504
576
538
573
536
483
600
529
793
579
550
558
532
550
589
1,639
2,232
2,641
2,368
2,681
2, 525
2.881
2, 249
2,195
1.730
1, 765
2.137
2,212
2,569
2. 750
mil. $_.
do
. __ do_
_.
do
- months
46. 35
31.40
42.30
28.60
5.0
44.80
36.70
47.85
35.15
4.2
50. 00
40. 25
60. 00
41. 90
3.9
46. 60
37. 45
39. 45
28. 95
4.0
38. 50
33.20
39. 50
29. 65
4.1
39. 35
31. 60
43. 70
33.70
4.0
48. 30
41. 90
44. 75
34. 75
4.1
47. 25
40. 65
48. 05
38.85
4.0
51. 65
43.30
55. 15
43. 00
3.9
46 20
37. 40
35. 80
29.75
4.2
53. 35
44 80
43. 05
34 30
4. 6
61.55
49 55
50 00
41 65
5 0
62.20
48 50
46 55
39 35
5 2
' 66. 50
'46
30
r
53. 65
' 45 85
52
58. 90
46 15
55 00
48 00
5 '?
-
10.90
8.20
12.40
9.30
3.6
14.60
11.65
32.40
9.30
4.6
13. 40
10.40
13.70
10.40
5.0
14.00
9.40
12. 50
10.65
5.0
12. 50
9.15
11.40
9.15
5.1
10. 75
9.85
9.45
7.35
4.9
16. 30
14.35
16. 90
12.70
4.7
14. 65
12. 25
12. 70
9.40
4.7
15. 15
14.10
14.15
10. 55
4.7
13. 95
12.20
13. 30
11.50
4.8
19 20
16. 50
14 05
10. 05
12
11
17
14
16 05
11 55
14 35
11 60
4 7
'13
40
r
10 85
r
18 60
' 15 85
4 °
14 60
13 00
18 45
17 00
39
-
mil. $
do_
do
do_
months
Other machinery and equip., qtrly. shipments:
Construction machinerv (selected types),
total 9
mil $ 1237.4 ^ 261. 4
i 59. 4
i 64.2
Tractors, tracklaying, total
do
i 18.6 • i 19. 7
Tractors, wheel (con. off-highwav).
do
Tractor shovel loaders, integral units only
i 55.2 r i 58.9
(wheel and tracklaying types).
mil. $
Tractors, wheel (excl. garden and contractors' 1
107. 4 ! 130. 1
off-highway types)
mil $
Farm machines and equipment (selected types),
excl. tractors
._
_
mil. $ U81.3 i 197. 7
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments
thous..
Household electrical appliances:
Ranges (inch built-ins), sales, total'!
do
Refrigerators and home freezers, output^
1957-59 = 100..
Vacuum cleaners, sales billed
thous..
Washers, sales (dom. and export)0
__do
Driers, sales (dom. and export)*
do
r
325. 3
81.9
30. 6
T
r
257 5
64 0
20 7
2
85
85
35
60
4 7
055 g
64 1
16 1
216 2
57 7
14. 1
r
r
67.8
59 8
52 2
62 2
153. 1
97 1
138 2
179 4
237.6
190 6
142.3
241 2
2
2,540
1,967
2,143
2,591
2,979
3, 540
3,197
3, 287
3.762
2. 078
1 . 665
1. 551
137.1
146.4
114.2
128. 5
154. 2
140. 3
136. 6
141.8
124.6
1 45. 3
164.0
139.8
107.0
273. 6
278.9
98.8
119.2
309. 3
305. 5
116.4
144.7
247.3
334.9
70.2
116.9
236. 8
264.2
83.9
75.6
301. 5
348.7
125.6
123.0
355. 1
389.2
175.5
114.3
366. 0
337.0
181.7
114.1
366.7
292. 1
161.8
117.5
329.1
250.8
143.0
100.1
322. 9
293. 3
129.2
122.5
356. 9
300. 8
115.7
134. 1
406. 0
363. 6
112. 7
35 4
2 QQ C
2 50 Q
2 ge; 4
127.5
' Revised.
i Quarterly average.
For month shown.
3 For 5 weeks.
AProdticers' stocks, elsewhere, end of July 1963, 22,100 tons.
d" Includes data for built-in gas fired oven-broiler units, shipments of ecokin • tops, not
included in figures above, totaled 34.900 units in A! ay 1963.
t Re visions for gas heating stoves (1960-61), warm-air furnaces (1959-61), and material
handling equip. (1954-61) are available.
® Beginning 1961, excludes new orders for gas-fired unit heaters and duct furnaces; revisions for 1960 are shown in the Apr. 1962 SURVEY.
9 Includes data riot shown separately.
^Revisions for 1960 appear in the Feb. 1962
2
31 9
2,359
Radio sets, production§
do
1,447.8 1,596.8 31,721 9 1 134.2 ] 253 8 52 196 4 1 835 9 1 735 3 31 741 9 1 299 r>
514. 8
539. 3 3 620.7
Television sets (incl. combination), prod.§...do
336. 4
570.0
500. 7 3 731. 5
51 7. 3 3 519. 8 ' 4S4. 4
Electron tubes and semiconductors, factory sales
78.5
75.9
78.4
60. 5
79. 9
79.4
mil. $__
80.1
75. 6
72.0
71.5
Insulating materials, sales, index
1947-49=100__
134
154
160
149
119
153
152
148
142
147
Motors and generators:
New orders, index, qtrly
do
i 150
i 146
157
145
138
New orders (gross) :
Polyphase induction motors, 1-200 hp._mil. $__
12.3
12. 4
13.8
12.4
11.9
12.8
11.2
12. 2
11.8
11.4
2 2
D.C. motors and generators, 1-200 hp
do
2.3
2.2
2.4
2 2
1.9
1.7
1.8
2.4
2.5
r
r
0
4$ 7
1. 832
1.879
149.1
156. 5
130. 6 ' 139. 3
333. 8
340. 8
279. 5
311.0
72.3
70.2
145.1
291. 2
358. 6
91.0
1 ^gq - '1 568 4 1 3 59 8 1 Q84 1
B
31 fi^'R Q
69(1 4
548. 6
507.5
67.6
137
75. 0
156
71.3
149
71.4
154
11.1
2.4
13. 1
2. 6
12.0
2.9
12. 5
2.8
3
665. 0
399. :
13.1
3.3
;;;;:;
14?
SUEVEY OF CURRENT BUSINESS
August 1963
1962
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
S-35
1963
1962
Monthly
average
June
July
Aug.
Oct.
Sept.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
1,353
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. i 1. 454
193
Stocks in producers' vards, end of mo
do
120
Exports _
... _do
PricesRetail, stove, composite
$ per sh. ton.. 28.14
13. 347
Wholesale, chestnut, f.o.b. mine__
do
Bituminous:
Production
thous sh tons
Industrial consumption and retail deliveries,
total 9
thous sh tons
Electric power utilities
do
Mfg and mining industries, total
_ . _do.
Coke plants (oven and beehive)
do
Retail deliveries to other consumers
1
33,581
1
Retail dealers
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§
Stocks, end of month:
Oven-coke plants, total
At furnace plants
.
At merchant plants
Petroleum coke
-.
Exports
_.
thous sh tons
_
do
do
do
do
-do
do
_do__
r
r
r
1,328
171
226
1, 193
159
173
156
906
195
162
28.63
13.050
27.75
11 998
28 00
12 488
28.09
12. 488
28. 11
12 978
35,250
37 673
22 169
39080
34 237
28 443
14 987
12,570
5 478
27 940
15 23?
11.579
5 141
30 073
16 288
12,239
5 361
2,311
2,349
796
947
1. 455
69,126
47,618
20,970
9,680
67, 960
46, 665
20, 845
9 044
69 327
46 782
22, 079
10 355
66 098
45 153
20. 468
8 257
68 489
47 340
20.019
8 277
466
477
530
2
T
217
159
1,339
32,315
15 903
14,006
6,189
do
Exports
-_ _ _
do
Prices:
Retail, composite
._
_$ per sh. ton
Wholesale:
Screenings, indust. use, f.o.b. mine . do
73omestic, large sizes, f.o.b. mine
do
1, 408
31,200
14, 969
1
13,856
1
6, 157
do
Stocks, industrial and retail dealers', end of
month total 9 thous sh tons
Electric power utilities
do
Mfg and mining industries, total
._ -do
O ven-coke plants
do
r
29
14
12
5
r
r \ 515
1,611
1, 345
1,595
1,492
1,682
1,783
208
215
70
184
266
195
340
286
29.06
13 468
29.08
29 14
13 468 13 930
29.14
13.930
29.14
13. 930
29.14
13. 930
29.14
12.180
40 385
37 349
36, 870
34 100
33 640
33 204
17.00
17 31
17. 55
17. 54
17 62
5 4, 398
s 3, 030
1,369
1, 064
37
3,901
2, 799
1,103
1,053
33
r
r
50
3 691
1 369
4. 914
7.539
T
3.561
4,110
17. 62
17 6,3
17. 63
17.52
17.14
17.04
4.752
7.279
4.757
7.184
r 52
3 691
1 302
4.914
7.608
4. 726
6. 754
r
r f)4
3 851
1 323
3
4. 739
4.914
7. 858 3 7. 281
4.914
7.742
r
r fjg
3 823
1 267
64
4 246
1 315
65
3 955
1 236
66
4,628
1.337
r
87
4.741
1.296
r
100
4, 964
1,301
95
4 736
3 771
2 832
939
1 191
15
3 496
2 622
874
1 204
21
3,322
2,474
848
1,201
31
3 186
2. 354
831
1. 181
60
2,792
2, 057
735
1,138
61
2 629
1 967
663
1, 809
2 97
269 4
87
1.593
2 93
251.4
90
1,611
2.93
269.0
87
1.721
2.93
249.7
83
1,737
2.93
263.9
85
3 978
2 838
1,141
1 048
34
4 065
2,971
1,094
1 010
51
4 174
3 094
1, 079
1 044
48
4 131
3 084
1,047
1 037
38
4 019
3 024
994
1 080
12
3 930
2 949
981
1 176
52
1, 732
2 97
258 8
86
1,711
2 97
264.4
85
2,028
2 97
262. 5
85
1,499
2 97
252.7
84
2 023
2 97
256 1
83
1 730
2 97
251 0
84
1,830
2 97
263 6
85
28 000
' 4. 746 v 4. 746
' 6. 533p 6.618
4 033
1 368
r 5Q
r
3 835
2 700
1,135
1 012
31
2 54S
390
16 95
r 44
458
2.223
482
16.89
3 550
1 339
361
4,573
543
17.30
r
303
509
17.12
T 54
3 787
1 392
306
2,722
522
2 656
r
342
59 473
41.454
17.677
7 233
3.643
68
67, 635
46. 799
20, 378
8 199
63. 804
44. 906
18, 508
7 339
3, 993
r
64, 551
45, 157
19, 033
7,648
69 691
48 975
20 234
8 305
3,949
4, 258
1,312
59, 704
41,554
17. 907
6 883
73 578
51 793
21 242
8 849
4, 165
r
56,959
39, 704
16. 949
6 595
72 818
51 442
20, 867
8 6°2
3 087
*73
703
241
274
445
180
3, 530
4 4, 236
1, 256
830
3.928
449
4.914
7. 300
1,011
4, 710
3,201
4.914
7.271
2.302
3 814
538
4.914
7. 179
31, 402
16 191
14,427
6,949
2 752
2.914
5.018 24.918
7. 541 2 7. 443
39. 250
31, 8S5
15 717
15, 239
7,319
2 464
2 065
32
16
13
5
r
40, 800
39. 886
19 684
15.491
6. 153
960
968
436
574
28. 62
28.30
12. 180 *>12. 567
35 862 34, 872 31,293
17 624 17 073 r 15, 378
14.310 15.496 14. 870
5.753
6.719 '6, 919
36 703
18 213
14,654
5 860
31
15
13
5
37, 920
r
875
441
597
503
371
995
?23
350
70
49
20
8
T
1, 664
1, 528
124
228
63
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completedPrice at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio
__ number-$ per bbl
mil. bbl .
% of capacity
All oils, supply, demand, and stocks :J
New supply, total
mil bbl
Production:
Crude petroleum
do
Natural-gas liquids, benzol, etc.
do
Imports:
Crude petroleum.
do__.
Refined products
do
Change in stocks, all oils (decrease, — )
do_.
Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, tota!9
Gasoline
_
Kerosene
Distillate fuel oil
Residual fuel oil. . ...
Jet fuel
Lubricants
Asphalt
Liquefied gases
do_.
__ . _ d o _ _ _
do
do
do
do
do
. do
do
1,781
2.97
255.8
306.9
317.2
305 4
313 7
319 5
311 4
322 6
320 0
330 7
344 1
311 0
334.6
3°5 3
329 1
218.5
30.2
223.0
30.9
217 7
29 1
224 0
31.0
224 2
30.4
219 6
30 2
228 4
31 5
223 2
31 9
228 8
33 3
226 4
33 5
212 4
32.1
234.3
34.4
228 3
32.0
234 5
33.1
31.8
26.5
34.3
29.0
1.0
33.8
24 7
14.1
35.9
22 8
17.6
40.3
24 5
17.3
34.4
27 2
21 1
35 8
26 9
11 0
33 3
31 6
— 15 9
31 3
37 2
—26 7
41 0
43 1
—41 4
30.9
35 5
—33 4
36. 1
29.8
11.5
32.6
32 5
24.5
34.5
27 1
18.1
316.2
291.3
296.2
302.2
290 3
311 6
335 (}
357 4
3*5 4
344.4
323. 1
300.8
311.0
6
9
5.2
296.8
147.2
10 6
.l
57
284.5
126 4
12 0
2
8
8
2
2
1
56
351.6
125 6
19 7
.2
4 1
381
1
9
124 4
9 22 6
.1
8 2
33f\ 2
115 3
19 0
.1
5 5
317.5
128.3
14 2
.2
6 6
294. 1
138 2
10 1
.2
6 2
304.7
143 3
10 2
103 2
65 0
98
88.4
57 7
8 4
71.9
49.3
48.9
43 4
9 5
48.2
37 0
10 9
38
3 4
28 4
3.1
2 8
23 5
3.4
4.4
18.2
38
5 9
15 4
4 1
14 4
15 1
9
2
0
8
759. 5
240 4
20 9
498 3
771.0
241 0
23 9
506. 0
795
251
27
517
135 4
3
* 201 0
123 7
209 4
132 7
5
214 7
126 9
6
204 8
3.4
303.6
.3
5.0
298.3
84
.1
5.0
127.8
12.0
311.1
132.0
13.7
4 8
286.5
140 4
9 2
.2
50
291.0
142.5
10 9
57.9
45.7
61.0
45.4
40.0
34 5
10 4
40.6
33.7
87
36.6
35. 0
10 1
44.4
38 8
11 6
51 3
43 1
89
72 0
52 4
84
89.8
58 9
89
3.7
39
13 3
20 8
36
7 g
22 8
30
38
27 6
8.7
3.5
9.0
9.4
()
(6)
4
307
136
13
0
6
9
6
do___
do
do
19.5
21.3
13 8
17 5
3.6
14.9
19 0
3.8
17.2
18 4
35
13 3
19 5
Stocks, end of month, totall
Crude petroleum
Natural-gas liquids .
Refined products*!-.
do
do
do
do _ _
• 814. 3
249.4
35.9
< 529. 0
820.6
248 1
35.2
537.3
812.5
247 7
37 3
527.4
830. 1
242 4
39 1
548.6
847.4
243 6
40 3
563. 5
868. 5
244 2
40 4
583.9
879
251
39
588
Refined petroleum products: J
Gasoline (incl. aviation):
Production
Exports.
Stocks, end of month.
.. _ _ d o _
do
do
127.7
131.8
.5
188.6
132.7
139.7
6
183. 1
136.6
8
173.0
132 5
8
179 9
132 7
8
176 4
.,
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3)
$ per gal-Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal__
r
.7
189.5
3.6
9.5
6
185.5
5
7
3
5
4
330
133
16
6
3
7
6
836. 9
131 3
4
175 4
139 2
5
190 1
863
256
36
570
252 0
31 4
553 5
6
6
8
e
9
792
249
24
519
9
5
4
2
0
813
255
31
526
p 2 93
6
7
6
4
133 4
2
195 7
.117
.113
.120
.120
.120
. 120
.120
.120
.113
.105
.093
.110
.115
.120
v. 125
.205
.204
.198
.202
.216
.209
.207
.212
.204
.202
.193
.198
.204
.192
.208
Revised.
p Preliminary.
2
* Revisions for Jan.-June 1961 will be shown later.
Monthly average based on Apr.1J
ec. data.
3 Data beginning Jan. 1963 not entirely comparable with those for earlier periods. Dec.
T9624 prices comparable with later data: "Screenings, etc.," $4.739; "domestic," $7.281.
Revisions for Jan.-May 1961 will be shown later.
5
Revisions for Jan.-Aug. 1960 appear in the Nov. 1961 SURVEY, « Less than 50,000 bbls.
7
See note marked "^'.
* Beginning Jan. 1963, data exclude condensate wells formerly included.
s
1,821
2.97
248.9
82
8
See note 1 for p. S-36.
9 Includes data not shown separately.
§Includes nonmarketable catalyst coke.
.208
SURVEY OF CURRENT BUSINESS
S-36
1961
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1962
August 1963
1963
1962
Monthly
average
June
July I Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Kofi nod petroleum products!— Continued
Aviation easoline:
Production
- - --mil. bbl__
Exports
_do_ __
Stocks end of month
do_ _
Kerosene:
Production
-do
Stocks end of month
do_ __
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal. .
Distillate fuel oil:
Production
mil. bbl._
Exports
do
Stocks end of month
_ do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gaLResidual fuel oil:
Production
mil. bbl..
Imports
- do
Exports
do
Stocks end of month
do. __
Price, wholesale (Okla., No. 6)
$ per bbl._
Jet fuel (military grade only) :
Production
.mil. bbL.
Stocks end of month
do
Lubricants:
Production
_
do
Exports
do
Stocks end of month
do
Price, wholesale, bright stock (midcontinent,
fob Tulsa)
$per gal-Asphalt:
Production
mil. bbL.
Stocks, end of month_
do
Liquefied petroleum gases:
Production
do
Transfers from gasoline plants
do_ ._
Stocks (at plants, terminals, underground, and
at refineries) end of mo
mil. bbl
9.9
.6
11.7
10.2
.4
10.5
10.8
.5
10 6
11 3
.5
10.2
11.0
.5
9.8
10.4
.6
10 1
9 9
.6
10 0
9 8
2
10 1
10 0
.3
10 9
11.9
31.0
13.1
30.6
11.5
30 1
13 3
33 2
1? 6
35 7
12 4
36 7
13 5
37 3
13 7
35 3
15 6
31 7
.109
.104
.099
.099
. 099
.099
.099
.101
.106
58.1
60.0
1.0
59.4
.7
.4
140.6
59.0
.5
.5
163. 0
58.2
1.0
.9
177.0
59.3
.5
185.2
57.4
5
1 0
170 2
64.7
.5
1.2
144 5
--.do
-_
do
-thous. sh.tons..
9. 1
.5
11. 7
10 7
.4
12 3
10.5
.3
12.2
11.2
.1
12.0
15 7
26 1
15. 1
99 4
14 5
23 2
13.6
9
7 3
11.9
29 6
108
. 106
.106
. 106
.101
70.8
1. 1
1.1
111.7
66.6
.8
3.0
87.8
68.4
6
1. 1
83 9
57.3
.6
1.2
91 7
60.2
.6
1.2
103.2
1
1
J
".101
1.4
.6
127.6
133.4
58. 5
1.0
.3
121.5
.099
.092
.086
.086
.086
.086
.086
.091
.096
.096
.096
.096
.096
.091
p. 091
26.3
20.3
1.2
45.8
1.58
24.6
22.0
1.1
46.6
1.58
22.2
16.8
.8
44.9
1.55
23.2
17.0
1.0
50.7
1.55
22.9
16.3
1. 1
54 1
1.55
23.1
17.8
.8
55 7
1.55
22.5
19 3
.6
54 1
1.55
23.6
26 5
9
51 2
1.55
2S.2
30 2
.9
50 0
1.55
128.2
34. 5
.8
1
46 9
1. 55
25.3
30 3
1.5
43 6
1.65
25.4
24 0
1. 1
42 9
1.65
21.5
24 8
1.3
44 7
1.55
21.0
19 1
1.3
46 6
1. 55
P 1. 55
8.0
27.6
8.6
8.7
9.1
8.2
8.5
8.1
9.7
8.7
8.8
8.4
9.5
9.4
9.2
10 8
6.9
9 7
7.7
9.8
7. 1
9 0
8.4
9 8
8.2
9 3
8.6
96
4.9
1.4
2 12. 7
5.1
1.5
12.8
5.1
1.5
12.5
5.3
1.6
12.5
5.0
1.5
12.2
5.3
1.9
12.2
5.3
1.0
12.6
50
1.4
12.5
5 4
1.8
13 1
5. 1
1.1
13.3
4.8
1.3
13.8
51
1.4
14 1
5 2
1.9
13 7
5 5
1.8
13 2
.260
.261
.260
.260
.260
.260
.260
.260
.270
.270
.270
.270
.270
270
8.5
216.0
9.1
16.3
11.7
19.9
12.7
18.4
12.7
14.4
11.8
13.6
10.4
11.4
7 6
11.6
6.1
14.3
5.0
16.3
4.6
18.2
6 5
20.7
8.6
23.8
11. 1
20.9
6.6
13.3
6.4
14.9
6 5
11 7
6 7
12 6
6 3
12 2
6 2
13 6
60
14 3
6 1
16 4
6 9
20 2
22 7
18 5
14 0
11 1
50
11 1
34.4
33. 6
35.8
37.6
39 4
39.7
38.6
35 2
29 0
19 6
15 8
18 7
22 5
27 2
1 216
2, 536
4 165
1 534
2,631
1 957
805
1,152
3 242
1 356
1 886
5 580
2 035
3' 545
r g 491
r 2 290
r
4* 202
6, 268
2.140
4.128
57
31
64
67
42
85
9g
30
44
42
48
63
66
87
86
60
84
91
56
81
86
Asphalt and tnr products, shipments- §
T
r
5, 365
Asphalt roofin? total
thous. squares _ r 5, 151
1. 789 rr 1.913
Roll roofing and cap sheet
do
' 3, 361 3, 451
Shingles all types
do
\sphalt siding
Insulated siding
Saturated felts
9 6
.2
12 1
71
85
77
'67
77
^82
r
r
r
6. 091
2, 103
3. 989
61
99
'91
r
r
r
r
r
6 109
6 771 T 6 971
2, 204
2, 469
2 391
' 3, 904 ' 4. 302 r 3, 880
r
r
67
99
86
r
81
116
'94
r
80
100
'87
r 7 277
r
2, 826
r
4, 451
'98
108
MOO
r
r
r
5 206
1, 952
3, 254
r
r
78
64
85
r 3 759
r
r
r
1
1
r
•p 970
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
. ._ .thous. cords (128 cu. ft.)
Consumption
do
Stocks, end of month
._ do
Waste paper:
Consumption _
thous. sh. tons
Stocks, end of month _
do
WOODPULP
Production;
Total, all grades
thous. sh. tons..
Dissolving and special alpha.
do
Sulfate
do
Stilfite
do
3, 465
3 516
5, 769
3 662
3 666
5 225
3 697
3 733
4 852
3 503
3 344
5 002
4 197
3 870
5 321
3 480
3 500
5 314
3 945
3*867
5 393
3 556
3 689
5 251
3 323
3 314
5 255
3 737
3 794
5 366
3 649
3 601
5 470
3 919
3 922
5 407
3 517
3 812
5 137
3 772
4 006
4 897
3 574
3 8PO9
4 65
751
517
749
498
762
494
672
507
778
493
738
476
793
505
737
593
666
599
719
478
691
461
745
510
739
596
775
510
749
509
2,210
100
1 285
214
2,319
106
1 358
214
2, 368
106
1 3QO
215
2,118
86
1 242
193
2,471
110
1 452
226
2,237
98
1 309
195
2, 465
106
1 426
239
2,347
111
1 370
206
2 098
100
1 219
2,438
121
1 436
224
2,279
115
1 '"553
' 213
2,539
114
1 519
232
2 421
103
1 437
2 578
116
1 535
233
2,397
306
117
270
9
76
113
251
1 QC
99Q
199
1 4'?4
910
Groundwood
Defibrated or exploded
Sodn, semichem., screenings, etc
Stocks, end of month:
Total, all mills
Pulp mills
.
Paper and board mills
Nonpaper mills .
do
do
do
267
102
242
280
106
255
28S
112
258
260
101
237
295
114
273
270
105
268
297
115
282
284
109
267
260
89
235
286
3 114
3 258
273
114
213
296
123
256
289
do
do
do
do
899
326
509
64
878
297
509
72
904
329
500
75
881
297
511
73
916
321
522
74
873
29()
513
69
876
297
508
72
894
295
5° 5
74
864
256
531
77
^691
28 T
4 333
73
682
f
¥6
341
76
721
271
376
74
729
282
369
710
274
358
78
721
979
364
79
Exports, all grades, total
Dissolving and special alpha
All other ._
-
do
do
do ..
98
36
62
99
40
59
106
35
72
96
38
58
101
49
52
100
35
65
81
32
48
106
38
69
122
52
70
21
^4
136
60
76
116
46
71
97
34
62
148
56
99
108
37
71
206
13
192
932
23
210
241
23
218
209
23
186
242
23
219
223
21
°02
264
25
238
944
25
219
9
°00
21
179
226
21
205
'?36
~22
214
226
28
992
°56
24
931
3, 069
3, 132
3, 155
3,132
3, 180
2,838
3, 298
1 372
1 216
1 404
1 370
1,342
1,572
1 , 514
1*471
11
11
8
12
311
272
284
278
r
Revised. *> Preliminary. a Beginning Jan. 1963, data for the indicated items exclude
certain oils which have been reclassified as petrochemical feedstocks.
23 See note marked " V on p. S-35.
Effective Jan. 1963, "screenings, etc.", included with "defibrated or exploded."
3,086
3,059
1 321
1 442
11
285
3,161
3.366
1 452
1 583
12
320
3,169
3,164
1 393
1 476
11
285
3, 197
3,181
1 419
1 484
11
267
3, 243
3, 104
1 378
1 465
11
249
3, 172
3,317
1 467
1 560
12
279
Imports, all grades, total
Dissolving and special alpha
All other _.
_. do
do
_ do
11
24
187
110
249
2°
9QO
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, seas. adj.*. -thous. sh. tons..
All grades, total, unadjusted
do
Paper
do
Paner board
do
Wet-machine board
do
Construction paper and board
do
2,965
1 312
1,370
13
270
3.193 '3,293
3 147
3. 245 r 3. 419 3, 262
1 455 r l crM
1 489 T i 578
1 537
T
11
10
13
12
237
297
<• 325
308
* Effective Jan. 1963, excludes stocks of "own pulp" at paper and board mills.
JSee similar note on p. S-35.
*Xew series; data prior to Dec. 1961 will be available later.
§Revisions for Jan. 1961-May 1962 will be shown later.
3,146
2,843
1 265
1 332
July
SURVEY OF CURRENT BUSINESS
August 19G3
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
S-37
1963
1962
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
101 4
107.4
94.1
97.4
July
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and hoard— con.
New orders (American Paper and Pulp Assoc.): *
All °Tades paper and hoard
tlious sh tons
Wholesale price indexes: *
Printin^ paper
1957—59 = 100
Book panor A grade
do
Paperhoard
- - do __
Bui Mine paper and hoard
do
Selected types of paper (APPA):
Fine paper:
2 982
3 130
3 144
"> 942
3 228
3 098
3 353
3 082
2 822
3 255
3 118
'3 361
3 273
101 7
106.1
92.7
100. 8
101 4
107.6
93. 1
97.2
101 4
108 2
94.0
95 5
101 4
108 2
94.0
96 3
101 4
108 2
94.0
97 1
101 4
108 2
94.0
97 1
101 4
107 4
94.0
96 3
101 4
107. 4
94.1
96 6
101 4
107 4
94.1
96 2
101 4
107.4
94.1
95. 6
101 4
107.4
94.1
95.5
101.4
107.4
94, 1
94. 1
101 4
107. 4
94.1
95.5
101 .4
107.4
94.1
'96.2
do_ _
1^7
84
161
88
167
86
149
97
153
87
150
83
169
82
159
75
74
93
106
M04
T 176
99
174
95
do
do
100
156
166
162
169
162
14''
144
167
166
159
157
175
178
160
160
151
148
171
169
166
172
'ISO
'186
'183
' 174
186
177
do
do __
402
368
421
371
405
356
392
377
412
371
417
381
431
353
374
318
402
328
444
344
432
384
r
'480
409
'473
'420
456
400
do
do
389
388
414
417
418
419
366
367
423
423
406
406
444
444
419
419
392
392
428
428
420
420
'449
'449
'452
463
463
do
_ do_ .
334
154
337
154
325
140
295
142
360
152
331
153
365
158
345
145
315
140
357
158
350
172
'367
'165
335
152
373
147
do
331
330
341
334
3'?9
321
294
f
>91
356
332
329
321
359
359
363
360
311
313
347
342
352
344
'368
' 365
352
345
369
367
do_ _
do
do
561
559
225
558
557
249
566
573
261
527
529
260
568
575
252
552
558
246
618
646
218
609
625
202
506
530
178
518
433
264
444
420
287
513
458
342
550
554
338
599
634
304
539
565
278
i 174
i 174
i 40
179
180
39
188
182
44
165
169
40
188
182
47
171
179
39
188
192
35
183
184
34
166
176
25
190
183
32
174
168
37
193
187
43
184
193
34
204
201
37
181
177
40
Consumption hy publisherscf
do
Stocks at 1and in transit to publishers, end of
month cf
thous. sh. tons
455
465
457
423
442
479
511
508
441
376
356
435
490
516
483
620
586
557
587
621
599
609
597
604
606
604
583
570
585
561
Imports
do
Price, rolls, contract, delivered to principal ports
$ per sh . ton
453
456
499
453
453
418
543
458
470
359
371
347
470
494
448
134. 40
134. 40
134. 40
134. 40
134.40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
1,398
461
1,392
91
1,488
468
1,486
92
1, 546
451
1,549
97
1,370
496
1, 293
80
1,610
476
1,636
97
1,447
486
1,414
91
1,624
493
1,623
96
1,472
452
1,484
91
1,346
414
1,384
80
1, 456
455
1,410
95
1,417
464
1,413
95
1,596
485
1,572
97
1,547
483
1,535
94
1,607
471
1,640
94
1,524
472
1,527
95
1,506
601
1,396
84
9,547
10, 181
10, 356
9,198
11, 402
10,317
11,533
10, 562
8,951
10, 169
9,407
10, 645
10, 374
11,219
10, 401
10, 108
124.0
124.1
125.9
113.8
137.2
120.4
134.1
129.0
120.3
119.4
112.8
126. 6
36 55
70. 17
36.70
.300
40 98
69.29
30.67
.290
37 58
80. 58
48.75
.284
40 71
82.92
33.88
.271
135. 00 142. 97
106. 93 99 96
254 32 262 08
23. 47
29 28
114 95
281 20
7.72
138. 55
128. 47
103 53
274 32
29.93
140. 66
112 94
273 34
28.36
139. 33
114 96
272 18
27.38
140 .06
115 16
271 36
26. 92
132. 99
103 73
281 79
20.04
Orders unfilled end of month
_
Production
Shipments
Printing paper:
Orders new
Orders unfilled, end of month
_
_
Production
_
Shipments
Coarse paper:
Orders, new
Orders unfilled, end of month
Shipments
Newsprint:
Canada (incl. Newfoundland):
Production
Shipments from mills
Stocks at mills end of month
United States:
Production
Shipments from mills
Stocks at mills end of month
do
do
do
Paperhoard (National Paperboard Assoc.):
Orders, new t
thous. sh. tons__
Orders unfilled end of month
do
Production, total f
do
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
shipments J
mil. sq. ft. surf. area-Folding paper boxes, shipments, index of physical
volume
. - - 1947-49=100..
r 182
134. 40 "134. 40
'124.1 '131.3 ' 124. 2 » 120. 8
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons
Stocks end of month
_ do_
Imports, incl. latex and guayule do_ __
Price, wholesale, smoked sheets (N.Y.)___$ perlb_.
Synthetic rubber: ©
Production _
Consumption
Stocks end of month
Exports
_
35. 61
68.65
32.58
.296
38.56
68.47
35.13
*> . 285
117.00
91.85
245 55
24. 75
131. 20
104. 66
257. 15
25.31
do
do__
do
21.99
20.86
32.15
23 38
21.95
29.77
thous__
9,728
do__
do
do
do
9,859
2 838
6,908
114
_
do
do
_
do
do
_do__
do
thous. Ig. tons.
do
do
do__
Reclaimed rubber:
Production
Consumption
Stocks end of month
39.66
62.50
28.64
.283
33.72
69.75
37. 09
.273
37 47
68.75
35. 40
.274
124. 62 125. 12
108. 75 91 61
254. 62 263 94
25. 97
24. 77
126. 77
104 24
256 65
29.38
19 82
18.93
29 29
22 78
21. 13
28.67
22.05
20.81
28.93
11, 156 '11,975
10,411
10,722
10, 651
11, 055
3 495
7,430
130
11, 873
3 406
8,357
110
11,941
3 336
8 492
113
10, 202 11, 208
1 531 3 307
8,531 7,731
170
140
26 128
81
27 086
89
27, 627
91
26 031
99
26 533
103
26 079
111
3 1?4
3 280
9,146
66
3 403
3,442
8, 913
81
3 277
3, 393
9,066
96
3 116
3 280
8,907
86
3 026
3 210
8,772
80
3 108
2 974
8,963
90
25 24
23.47
29. 66
36 18
74. 06
33.29
.274
43 99
64.22
32.67
.288
129. 89 134. 28
101. 10 120 54
256 26 252 00
32.71
15.94
38 53
69. 83
42.24
.295
39 29
40 66
79 .24
79 39
36.24 ' 34. 14
.270
.270
35 77
77 76
25.57
.270
23 66
21.45
30. 22
21 24
20 25
30 42
95 40
23 53
29 67
22 50
22.01
28 52
26 88
23.30
29 67
25 68
23 86
29 68
25 02
23 42
29 82
22 76
21 32
29 65
12, 856
10, 844
10, 621
12, 430
11, 709
12, 541
12, 558
12, 134
11,195
13, 043
4 349
8 528
166
11,041
4 206
6 696
140
8 778
3 698
4 944
136
11 225
4 113
7 019
93
9 235
3 600
5 509
126
11 136
4 060
6'942
134
13 843
4 244
9 457
142
12 503
4 261
8 110
132
11 943
4 075
7 737
131
26 050
75
26 039
100
27 899
103
29 054
24
31 693
97
33 193
100
32 137
102
31 919
83
31 296
78
3 881
3 534
9,290
62
3 141
3 251
9 280
79
3 141
2 640
9 898
89
3 954
5 074
8 938
11
3 595
3 572
8 974
92
3 657
3 475
9? 297
110
3 529
3 500
9*440
85
3 694
3 168
10* 111
84
3 183
9 933
10 4379
6
26 64
24.78
28.95
.265
TIRES AND TUBES
Pneumatic casings:
Production
_
Shipments, total _
Original equipment
Replacement equipment
Export
Stocks, end of month
Exports (Bur. of Census)
_.
Inner tubes:
Production
Shipments
Stocks, end of month
Exports (Bur of Census)
' Revised.
p Preliminary.
1 Includes Alaska and Hawaii beginning July 1961.
*New series. Data prior to 1961 will be shown later.
cf As reported by publishers accounting for about 75 percent of total newsprint consumption in 1962. Alaska and Hawaii are represented beginning Jan. 1961.
t Revisions for Jan. 1959-Apr. 1962 will be shown later.
© Revised effective with the June 1962 SURVEY to include data for stereo and other elastomers (except polyurethane rubbers) as follows: Production and consumption, beginning
Jan. 1961; stocks, beginning Dec. 1960.
SUEVEY OF CUKRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS
1961
1963
1962
1962
Monthly
average
August
July
June
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
34, 497
86
35, 208
34. 992
89
35. 431
40, 668
30, 142
40, 229
27. 289
July
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Percent of capacity
Shipments, finished cement
Stocks, end of month:
Finished
Clinker
_ ___thous. bbl_. 26, 950
74
thous. bbL- 26,889
-
CLAY CONSTRUCTION
28, 027
75
27, 892
32, 304
88
33, 625
33. 388
86
35, 611
36, 132
93
40, 669
33, 669
90
33, 120
33, 926
87
36, 498
29, 339
78
27, 346
22, 940
59
16, 753
18, 289
47
14, 559
14, 750
42
14, 735
21, 525
54
21. 490
29, 314
75
30. 249
35, 879 37,720
do
do.— 25, 021 24,083
38, 684
28, 134
36, 453
25, 189
31,964
32, 521
20, 480
17,831
29, 901
15, 302
32,324
14, 931
38, 531
17, 920
42, 282
22, 286
42, 293
28, 093
42, 333
31, 802
41,416
31,908
r
r
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, glared and ungla/ed
mil sq. ft
Price index, brick (common), f.o.b. plant or N.Y.
dock
1957-59=100..
r
535. 6
39.7
145.8
576.1
35.2
142.8
668. 8
37.2
172.5
683.3
40.1
170.0
720.1
38.9
186. 3
609.3
35.4
158.7
691. 2
40.8
166.1
586. 8
34.6
138.2
398.5
371.3
24.4
89.3
344.7
523.0
28.3
94.5
24.7
79.0
31.2
112.7
35.3
34.4
36.0
37.8
43.4
35.2
40.7
36.2
30.6
25. 6
20.9
25.6
19,0
21.1
22.5
21.4
24.8
20.9
24.0
21.2
18.4
19.9
18.6
21.2
22.4
23.7
103.8
104.9
104.9
104. 9
104.9
104.9
104.8
104.8
105. 0
105. 7
105. 8
105. 8
106.4
106.4
106.4
746.7
718. 1
38.0
167.8
r
35.9
175.2
32. 5
36.3
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total and qtrly.
Sheet (window) glass, shipments
Plate and other flat glass shipments
Glass containers:!
Production
do
do
•65.113 71 506
127,743 31,612
64, 322
39, 894
37, 709
37, 370
69, 574
32, 677
36, 897
26,613
77 470
35, 014
42, 456
67, 958
28, 734
39, 224
-
-
__thous. gross. _ 14,013
14, 655
16, 181
15, 976
16, 539
14, 637
15, 173
13, 438
12, 924
14, 580
13, 387
15,630
15, 183
15, 963
16, 250
13, 668
Shipments domestic total
do
General-use food:
1,492
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit iars)
thous. gross- - 3,912
14, 319
15, 693
14, 304
17. 495
16, 455
14, 587
13, 147
12, 508
13, 232
12. 078
14, 898
14, 531
15, 805
15,879
1, 582
1,487
1,607
3,083
2,845
1,582
1,086
1, 057
1,208
1,196
1,401
1,419
1,458
1,395
4,110
4, 155
3,998
5, 076
4,547
4, 733
4, 195
3,601
4,165
3, 568
3,933
3,736
3,988
4.030
do
__do
do
1,007
1,831
1,291
1,187
2,183
1,269
1, 740
3, 042
1,289
2,826
1, 423
1, 118
2, 516
1,297
762
2, 908
1,330
823
1, 569
1, 577
983
1, 636
1,437
1,235
1, 876
1, 143
835
1 , 653
1, 206
843
1,570
1,116
2,502
1,903
996
Medicinal and toilet
do
Chemical, household and industrial
do
Dairy products
_ _ __do
2, 985
1, 007
142
3, 066
786
134
3, 035
827
118
2, 618
725
111
3, 357
880
168
3,123
770
170
3, 345
807
151
2,997
2,789
3,290
3,390
664
143
745
130
2,934
667
146
21, 833
22 921
23 797
25 076
23 847
21 640
21 837
21 964
21 128
22 931
2.375
1,242
1,355
2 492
2.644
1,364
1,542
2, 743
1,495
2.516
1,016
2,139
2,062
2,205
2, 320
2,429
2, 163
2,035
1,000
65
1.012
67
1.168
68
1,144
67
1,072
68
685
68
256
264
256
257
273
271
287
297
239
254
237
201
396.2
426.4
411.6
1, 483. 9 1, 657. 9 1,736.4
58.9
56.6
67.1
448.1
1, 829. 6
66.6
1, 670. 7
55.6
_.
Beverage
_ _
Beer bottles
Liquor and wine
_
_
_
__
1,413
1,328
750
101
824
107
24 504
25 450
1,283
1,346
2,141
3. 215
1.345
2,889
800
106
3,213
804
116
2, 876
769
108
26 034
26 147
96 210
1,540
2,758
2,977
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons
Calcined production qtrly avg or total
do
Gypsum products sold or used, qtrly. avg. or total:
Uncalcined uses^l
thous sh tons
Industrial uses
do
Building uses:
Plasters:
Base-coat
do
All other (incl Keene's cement)
do
Lath
Wallboard
All other§
__
_
mil sq ft
do
do
374.7
345.8
1. 552. 4
49.4
TEXTILE PRODUCTS
APPAREL
thous. doz. pairs.. 14,008
14, 343
14, 823
12, 420
17, 210
14, 040
16, 463
14, 521
11, 528
14, 834
14, 459
15,452
13, 760
14, 839
14, 721
1,572
389
1,789
366
1,649
500
1,200
354
2,002
533
1,750
442
2,126
452
1,878
360
1,712
210
2,167
220
1,834
247
1,965
268
2,026
388
1,896
r
501
1,666
477
815
Coats (separate), dress and sport
do
8,641
Trousers (separate), dress and sport
do
Shirts (woven fabrics), dress and sport.thous. doz. 1,878
Work clothing:
264
Dungarees and waistband overalls
do
304
Shirts
do -
1,064
8,535
2,084
1, 067
9,075
2,003
672
7, 559
1,563
1,191
10, 028
2,208
960
8,247
2,021
1,160
8,915
2,216
1,080
7,527
2,287
1,096
6,406
1,872
1,128
8,942
2,191
1,068
8,349
2,156
1,181
9,229
2,235
1,262
9,659
2,237
1,179
10, 486
2,208
1,014
9,699
1,861
311
310
315
326
303
256
387
334
302
289
321
341
285
312
271
250
318
293
321
314
342
327
342
338
363
351
338
324
2,124
21 178
782
2,064
20, 800
815
2 274
17, 782
726
2,688
21, 804
728
2,318
18, 135
535
2,692
20, 624
624
2 545
18 806
689
1,393
14 679
667
1,948
21 031
1,080
2, 353
21 902
1,123
826
2,155
27 320 30 486
1 041
682
1 191
25 036
595
2 161
20 721
'734
Hosiery, shipments
Men's apparel, cuttings:^
Tailored garments:
Suits _ -_
Overcoats and topcoats
_
thous. units..
do
Women's, misses', juniors' outerwear, cuttings:cf
Coats
__thous. units.. 2,006
20, 855
Dresses
do
764
Suits _
_
_
do
1,372
1,245
1,226
1,237
Waists, blouses, and shirts
thous. doz
1,365
780
804
893 i
Skirts
do....
663
727
r
Revised.
1
Revisions for 1960 are shown in the Apr. 1982 SURVEY,
t Revisions for Jan.-Mar. 1961 and Jan.-Apr. 1962 for clay products, and for .Tan. 1961Feb. 1962 for glass containers will be shown later.
1,159
1,520
1,332
1,400
1 369
1 538 1,617 r 1r 359
916
1 180
700
683
775
705
776
658
896
468
945
'874
^Revisions for 1st quarter 1962 for gypsum and products (thous. sh. tons): Production,
2,066; uncalcined uses, 664.
§ Comprises sheathing, formboard, and laminated board.
cfRevisions for Jan. 1959-Oct. 1961 are available upon request.
SURVEY OF CURRENT BUSINESS
August 1963
1962
1961
Unless otherwise stated, statistics through 1960
and descriotive notes are shown in the 1961
edition of BUSINESS STATISTICS
Monthly
average
S-39
1962
June
July
Aug.
1963
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
TEXTILE PRODUCTS— Continued
COTTON
Cotton (exclusive of linters):
Production:
Ginnings^
thous running bales
Crop estimate, equivalent 500-lb. bales
thous. bales
Consumption^ t
do
Stocks in the United States, end of mo.,
totali .
do
Domestic cotton total
do
On farms and in transit
_do__.
Public storage and compresses
do
Consuming establishments
__ do__
Foreign cotton total
do
"Exports
do
Imports*
_ do
Prices (farm), American upland
cents perlb..
Prices, middling 1", avg. 14 marketsc*
do
Cotton linters:
Consumptionft
Production
Stocks end of moj
1
14, 325
1
1
9
14, 864
87
1 498
4 677
9 143
12 046
2
12 957
3
245
14 606
1
10
14, 318 14, 867
710
727
699
13, 447
13, 373
3,770
7,794
1,809
75
14, 612
14, 526
3,402
9,470
1,654
86
321
533
14
12
332.8 p 9 32. 2
833.7 v 9 33. 3
4
666
809
693
660
1 7. 823
17 717
1 . 951
14 304
1,462
106
16. 815
16 693
1,012
14 142
1, 539
122
15,918
15 796
914
13,261
1,621
122
14, 791
14 676
672
12,347
1,657
115
13, 545
13 438
457
11,333
1,648
107
12, 626
12 525
299
10, 696
1, 530
101
11,743
11 648
330
9,992
1,326
95
299
3
31.8
33.0
383
1
31.0
33.1
211
(r)
30. 1
33.4
522
2
29.7
33.8
440
5
31. 9
34.0
299
2
33.0
34.1
310
2
32.6
34.1
244
5
32.8
33.9
125
223
614
101
2°2
696
99
180
729
114
194
811
106
171
826
106
150
831
127
113
786
110
79
715
112
48
617
18, 689
16, 543
9,131
457
8, 034
18, 712
16, 495
11,565
463
4
10, 134
18,730
16, 395
9, 253
463
8, 035
18, 750
16, 374
8, 450
422
7,317
18,611
16 222
11, 206
448
4
9, 705
18, 541
16, 029
9, 316
466
8,044
18,630
15, 995
9,394
470
8,043
18, 586
15,890
11, 482
459
4
9, 771
18, 509
15, 737
9,277
464
7,856
18, 609
15,767
9,280
464
7,833
.654
.931
.651
.926
.651
.924
.651
.924
.646
.910
.643
.910
.643
.909
.643
.910
.643
.910
p. 640
p. 911
661
8.711
8 661
257
6, 661
1,744
49
7.831
7 789
190
6, 095
1.504
42
21,521
21 404
13,574
6, 597
1,233
117
20, 724
20 600
425
1
33.6
34.1
464
1
33.4
34.0
823
667
590
8,631
1, 129
124
19.
752
1C
> 628
6,759
11.655
1,214
124
18.792
18 675
4, 209
12,997
1,379
116
139
89
32.6
33.4
163
24
33.2
33.0
157
3
32. 6
33.0
105
69
524
101
157
539
18,819 18,764 18, 798
16,858 16,774 16, 731
9,494 * 9, 582 9, 432
472
475
383
8, 460 * 8, 512 8,382
Spindle activity (cotton system spindles) :1t
4ctive spindles, last working day, total thous
Consuming 100 percent cotton
do
Spindle hours operated all fibers total
mil
Average per working day
do
Consuming 100 percent cotton
do
19,019
17,308
9,749
449
8,870
18,797
16,754
9,911
458
8,801
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2 carded weaving
$ per Ib
36/2 combed knitting
do
.647
.926
.660
.938
.661
.938
2,292
2,317
2,435
11.8
10.8
5.5
103
58
598
4
85
51
576
4
659
693
108
141
633
4
790
690
109
130
543
thous bales
do
do
4
10. 840
4
4
4
13,984
31.9
33.4
COTTON MANUFACTURES
4
4
.656
.936
.656
.931
10.1
12. 2
9.2
9.4
10.1
10.3
11. 1
9.8
9.4
9.7
9.4
9.3
9.6
5.4
5.1
6.5
5.4
5.6
5.7
5.8
6.2
5.9
5.5
5.4
5.4
5.4
5.4
.47
.51
.51
.55
.56
.56
.54
.55
.56
.60
.62
.58
.60
.60
.56
thous. sq. yd_- 39, 117
-- - do _. 21, 254
24.49
. _ cents per Ib
34, 691
38, 671
39, 091 34, 061
30, 757 28, 562
31, 823
30, 960
29, 797
37, 819
29, 561
46, 474
31, 094
27, 388
32, 684
38, 019
16, 219
30, 662
37, 099
52, 933
34, 358
56, 323
33, 817
52, 501
32, 139
35, 783
26, 918
32. 832
25.24
24.90
25.10
25.23
25.70
25.63
25.58
25.37
25.10
24.81
24.54
24.18
23.84
24.25
38.3
15.1
16.3
39.6
15.4
17.0
40.3
15.5
17.0
40.3
15.5
17.0
40.3
15.4
17.0
40.3
15.3
17.0
40.3
15.3
17.0
38.3
15.3
17.0
38.3
15.4
17.0
38.3
15.4
17.0
38.3
15.5
17.0
38.3
15.6
17.0
38.3
15.6
17.0
38.3
15.7
17.0
P38.3
p 15. 7
P17.0
485.6
160.4
100.2
187.7
37.3
596.5
181.5
125.0
242.6
47.4
593 8
175.6
119.2
243.0
56 0
614 0
169. 6
139.3
260.5
44 6
s 58.8
M6.6
«59.6
«49. 0
554.4
M5. 7
7,018
3,834
9,177
4,281
10, 240
3,995
6, 544
3,024
11, 549
4, 215
10, 484
5, 414
7,840
3,881
9,020
5, 200
11,776
5,419
2,808
1,818
7,747
4,467
8,421
3,046
8,300
4,056
9, 874
4, 346
10. 889
3,139
541
3,374
809
5,463
711
5, 771
1,106
5.738
859
6,030
1, 070
5,252
930
3, 516
902
4,801
861
6,673
569
4.542
747
9,988
700
8,232
733
10, 899
645
7,616
512
10, 294
56.4
53.5
70. 9
22. 1
53.2
48.4
8 78.2
e 26.8
47.9
51.2
67.6
28 4
51.1
54.5
54.0
54.4
57.1
52.9
82.4
30 2
58.4
48.4
59.6
41.8
62.7
40.0
99.3
27 5
62.1
41.9
62.2
39.8
60.2
36.8
99.7
24 9
59.1
36.2
57.2
31.9
56.8
29.4
.82
.26
.82
.26
.82
.27
.82
.27
.82
.27
.82
.27
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.26
.82
.27
p. 82
p 27
596 2
366.3
64.1
111 6
665 2
390. 5
73.2
140.8
663 1
392.3
75.6
128 8
11 559
11, 633
13 620
Cotton cloth:
Cotton broadwoven goods over 12" in width:
Production qtrly avg or total
mil lin yd
Orders, unfilled, end of mo., as compared with
avg weekly production
No weeks' prod
Inventories, end of mo., as compared with avg.
weeklv production
No weeks' prod
Ratio of stocks to unfilled orders (at cotton
mills) end of mo , seasonallv adjusted O
Exportst
Importst
4
Mill marainsf
Prices, wholesale:
Denim mill
finished
cents per yd
Print cloth 39 inch 68 x 72
do
Sheeting class B 40-inch 48 x 44 48
do
2,180
2,252
2. 226
24.71
MANMADE FIBERS AND MANUFACTURES
V"l
t
V
nrTfl pt fpl
r\
Staple incl tow (rayon)
do
Noncellulo^ic (nylon acrylic protein etc ) do
Textile class
fiber
do
Exports:
Yarns and monofilaments*
Staple tow and tops
Imports:
Yarns and monofilamcntst
Staple, tow, and tops*
thous Ib
do
do
do
Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
Staple incl tow (rayon)
Noncellulosic
fiber*
Textile class
fiber*
mil Ib
do
do
do
Prices, rayon (viscose):
Yarn filament 150 denier
Staple, 1.5 denier
-_
$ per Ib
do
Manmade fiber broadwoven fabrics:
Rayon and acetate (excl. tire fabric). - do ..
Nylon and chiefiv nylon mixtures
do
Polyester and chiefly polyester blends* do
Export53 piece goods t
6
6
621 3
181.8
137.9
259. 8
41 8
590 0
180.6
119.9
245.9
43 6
697 6
401.3
72.6
164.5
642 4
374.4
69.6
141 4
736 8
411.6
76.2
187 0
10, 577
11 784
10, 353
11, 087
13, 664
4,995
16, 398
14, 954
13, 024
13 334
13 676
557
473
399
785
539
Imports raw
thous Ib
6.20
6.36
6.03
6.22
5.20
Price raw AA 20-22 denier ©
$ per Ib
Production, fabric, qtrly. avg. or total
thous. lin. yd_. 5,732 6,120 6,047
r
Revised. 4 * Preliminary. J Total crop for
year. 2 Ginnings to Dec. 13.6 3 Ginnings
5
to Jan.
16.
Data cover a 5-week
period.
Data
are for month shown.
Q.trly. avg.
7
8
9
Less than 500 bales.
Season average.
Season average to Apr. 1,1963. 10 Aug.
1 estimate of 1963 crop.
§Total ginnings to end of month indicated, except as noted.
IData for July and Oct. 1962 and Jan. and Apr. 1963 cover 5-week periods; other months,
weeks.
ONew series from U.S. Dept. of Agriculture and American Textile Mfrs. lust., Inc.;
data for 194s-61 are available upon request.
525
5.98
741
6.42
655
6.49
328
7.22
582
7.63
267
7.67
341
7.86
301
7.87
487
7.48
492
p7. 71
SILK
thous sq yd
9 422
6,224
5,884
4,895
^Scattered revisions for 1959-1962 are available upon request.
fRevised series. See note in the Sept. 1961 SURVEY; data for Aug. 1957-June 1960 are
available upon request.
9 Includes data not shown separately.
*New series; data for 1954-60 are avail able
upon request.
cf Beginning Aug. 1962, includes Phoenix, Ariz. (15 markets).
©Beginning Feb. 1963, price in skeins, AAA grade; comparable Jan. 1963 price, $7.67
per pound.
SURVEY OF CUERENT BUSINESS
S-40
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 19G1
edition of BUSINESS STATISTICS
1961
1962
Monthly
average
August 1903
1962
June
July
Aug.
1963
Sept.
Oct.
Nov.
Dec.
Jan.
Apr.
May
Tune
25, 218
16 163
24 983
17 239
21,198
13 813
24, 747
T
15 1^2
21, 470
11 168
20 043
13 019
1 . 325
1.160
1. 275
1.325
1 151
1.275
1. 275
1 125
1.275
1.300
1 140
1.275
105 4
105 4
104 6
105 4
95.8
95. 8
95.1
Feb.
Mar.
22, a34
13 448
37. 222
25 424
22, 193
14 330
32, 143
21 907
July
TEXTILE PRODUCTS- Continued
WOOL
Wool consumption, mill (clean basis) :^t
Apparel class
- -- thous. Ib _
Carpet class
- do
Wool imports clean content
- do _.
\pparel class clean content
do
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
$ per lb_.
Graded fleece 36 blood
do
Australian 64s 70s good topmaking _ __do__ _
21, 923
12, 421
21,079
10,011
23, 254
12, 363
23, 088
15,207
23. 061 i 23, 251
11. 932 '10,177
22, 387 16, 828
15, 485 11,210
22, 152
13, 235
24, 433
14, 849
1.184
1.032
1.110
1.247
1.090
1. 155
1. 245
1.075
1.175
1. 252
1.075
1.175
1.275
1.075
1.175
•Knitting yarn, worsted, 2/20s-50s/56s, Bradford
96.7
system wholesale price
1957-59=100
Woolen and worsted woven goods, exc. felts:
71.721
Production fjtrlv5 avg or total
thous. lin. yd_
70, 035
\r>parel fabric* total
do
43, 228
Women's and children's
do__
Prices, wholesale, suiting, f.o.b. mill:
93.8
Flannel men's and bov's
_ 1957-59=1 00- _
95.2
Gabardine women's and children's
do
100.6
100.5
100.5
100.5
76, 504
74,262
44. 449
82, 505
80.813
48, 362
94.9
96.3
95. 0
96.9
21, 268 11 26. 335
12. 940 16, 263
21,001 25. 102
12, 562 14 514
19, 258 1 25, 017
10, 991 M4 957
27, 644 18, 343
17 716 14 477
20, 594
12, 470
25. 837
17 825
1. 275
1.085
1. 175
1. 275
1. Ill
1.175
1. 281
1. 145
1. 175
101.7
101.7
102. 9
1.300
1 145
1.175
1.310
1 145
1.215
1. 325
1 154
1.275
102 9
105 4
105.4
1
1
1. 325
1 175
1 275
WOOL MANUFACTURES
77, 867
75, 805
48, 059
95. 0
96.9
95.0
96.9
95.0
96.9
70, 182
66 998
39, 309
95. 0
96 9
95.4
96. 9
95.8
96 9
76, 988
73 640
41,654
95 8
96 9
95.8
95. 8
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLESA
Orders, new (net), qtrly. avg. or tot-alt
mil. $_-
Prime contract
-do
Sale? (net), receipts or billings, qtrly. avg. or total t
mil. $._
U S Government
do
3.354
2, 611
3.030
3,740
2. 996
3,329
3,515
2.665
3,021
4.067
3,347
3,674
3,737
2,942
3. 993
3, 139
4. 034
3,071
3,906
3,082
r
4, 121
3 378
3,713
4.688
4 004
4.373
4 095
3,327
3 915
3,117
12 521
r 9 ggi
r
4 755
13, 922 ' 12. 521
9,981
11.018
4, 755
5, 646
1,546
1, 516
12, 950
10.246
5, 127
1.476
13,111
10. 516
5, 037
1, 455
r I 51fi
13 294
10, 868
5 239
1. 405
3. 836 '3,314
3. 601
4,218
r 3 314
4 346
1,781 * 1,025
1,644
1,367
r
82.1
1,824
28.0
81.8
1,682
27.3
92. 4
1,915
11.4
77.9
1,395
17.1
88.3
1,400
10.4
49.2
1,032
17. 1
44.0
1,216
21.8
65.6
1,419
26.1
57.4
1,437
12.3
47.3
1.321
21.8
62.2
1,428
37.6
60.2
1,553
33.7
49.0
1. 226
33.2
51 4
1.256
15.8
7.0
thous
do. __
-do _
do
do
do
556.4
527. 3
461.9
450. 2
94.5
77.1
681.1
654.6
577.8
562.8
103. 3
91.9
678. 2
651.2
569. 2
555. 0
109.0
96.2
687.7
663.9
587. 1
575. 4
100.7
88.5
299.2
282.0
218.6
213.2
80.6
68.8
519.9
501 . 9
442.5
432.5
77.4
69.4
851.0
817.7
726. 9
705.7
124.1
112.0
802.0
769.4
689.5
669.6
112. 5
99.8
776.1
751. 5
661. 4
647. 4
114.7
104.1
791.0
768.6
670.2
658. 0
120.8
110.6
723. 7
698.8
607, 9
5S2. 8
115.8
1.06. 0
782. 5
753.4
654.1
637.1
128.5
116.3
818.0
789.3
689.2
671.8
128.8
117.4
840.2
812. 4
711.8
695. 1
128. 3
117.2
804.1
778. 1
687.5
672. 9
116.6
105 2
number
do .
do
23, 447
10,086
13, 361
20, 100
11, 246
8, 855
22, 378
10, 895
11,483
16, 669
7,803
8, 866
15, 765
5, 940
9,825
18, 405
11,815
6,590
17, 749
10, 934
6,815
23, 383
14, 002
9,381
20, 567
11, 807
8,760
6,591
3,370
3,221
25, 916
12, 849
13, 067
22, 729
12. 652
10,077
21, 189
11,623
9,566
22, 437
12. 056
10, 381
23, 667
14, 151
9,516
24, 860
do
do - _ . 24, 076
33. 080
32, 063
30. 523
29, 460
27, 754
27, 198
19, 394
18, 977
29, 442
28, 686
35, 087
34, 081
37, 272
36, 195
45, 678
44, 220
32, 904
32, 020
37, 472
36, 567
43, 197
41, 040
43, 351
41,974
37, 644
36, 197
31,049
29,814
4,263
2,650
462
5, 650
3, 730
996
5, 725
3.442
226
5, 001
3, 014
938
5,461
3,313
1, 351
5,100
3,190
1,847
5.938
3, 920
2,206
5,717
3. 951
1.835
5.295
3,689
756
5. 744
3,906
624
5,384
3,604
790
6,143
3, 964
1,039
5,925
3,574
1,110
6,402
3.851
1,326
5, 888
3,643
649
487.9
31.6
76.6
578.2
28.3
89.1
601.9
28.7
88.4
613. 6
30.5
90. 8
540.2
27.6
94.9
373.9
25.6
74.8
677. 7
29.5
102.3
637. 5
26.6
92.4
644. 4
29.8
101.3
553.9
27.0
90.5
498. 0
27.6
82.4
624.2
32.5
99.2
758.8
42.7
120.0
714.7
39.4
107.6
691.6
35.9
102.8
2, 655
1, 572
1,083
3,046
1,962
1, 085
3,910
2,219
1,691
3,181
2, 289
892
3,541
2, 205
1,336
2,946
1,984
962
2,799
2,162
637
2, 205
1,660
545
1,899
1,336
563
2,445
1,330
1,115
3,074
1,820
1,254
4,026
2,639
1,387
3,755
2,812
943
2,405
1,719
686
3, 701
2. 685
1,016
2, 564
1. 597
967
3, 076
1,979
1,097
3.411
2,294
1, 117
3, 088
1,630
1, 458
2,781
1.710
1,071
1,551
1,218
333
4.329
2,673
1.656
3, 565
2.956
609
4, 267
1,686
2,581
3,816
2, 965
851
5,375
3.385
1,990
5, 807
3,185
2,622
' 2, 571 r 6, 023
2,111 '5,394
r
'629
460
2,349
1,908
441
13, 462
4,616
8,846
14, 315
6,788
7,527
13, 274
7,171
6,103
13, 192
6,516
6, 676
12,429
6, 003
6, 426
11,064
5, 264
5, 800
12, 159
5. 737
6,422
13, 502
7.039
6, 463
16, 122
7,446
8,676
17, 565
9,177
8,388
19. 952
10, 785
9.. 167
21,307
11,155
10, 152
19, 872
10,401
9,471
23, 364
14,011
9,353
21.959
13, 233
8,726
17
202
23
174
50
163
45
120
25
134
12
122
14
108
13
119
18
126
0
126
0
136
0
153
0
203
0
213
9
204
1,607
8.8
1,552
8.0
1,582
8.2
1,577
8.4
1,573
8.6
1,567
8.4
1,563
8.4
1, 559
8.3
1, 552
8.0
1,547
8.2
1,545
8.3
1,543
8.3
1,537
8.1
1,531
7.7
1,530
7.6
Backlog of orders, end of vear or qtr. 9
do_ _
T7 R Government
do
\ircraft (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. $_
Aircraft (civilian)' Shipments ©
do
Airframe weight ©-thous. lb_.
Exportst
mil. $__
r
1, 230
1 025
MOTOR VEHICLES
-Factory sales total
Domestic
Passenger cars, total
Domestic
Trucks and buses total
Domestic
._
__ _
_
Exports, total J
Passenger cars (new and used) ._
Trucks and buses
Imports (cars, trucks, buses), totalcft
Passenger cars (new and used) d"1
Production, truck trailers: t
Complete trailers, total
Vans
_
Chassis, van bodies, for sale separately
/Registrations:©
New passenger cars
Foreign cars
New commercial cars
-- do _ _
do
do
thous_do
do
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment .manufacturers, total
Railroad shops, domestic
number
do
do
New orders
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
Unfilled orders, end of mo...
Equipment manufacturers, total
Railroad shops, domestic
do _.
do
do
Passenger cars: Shipments
Unfilled orders, end of mo
Freight cars, class 1 (AAR): §
Number owned, end of year or mo
Held for repairs, % of total owned _ .
do
do
thous..
r
1
2
Revised.
Data cover 5 weeks.
Preliminary estimate of production.
ISee corresponding note, p. S-39.
t Revisions for 1959-61 are available upon request.
AEffective with the Tan. 1962 SURVEY, the qtrly. data reflect an expanded survey and
include companies developing, producing, assembling, etc., complete missiles and space
vehicles (and engines or propulsion units). Comparable data prior to Dec. 31, 1960, are
not available.
fRevisions for 1960-Mar. 1962 are available upon request
9 Total includes backlog for nonrelated products and services and basic research
©Data include military-type planes sliinped to foreign governments
cfData cover comnlete units, chassis, arid bodies,
©Courtesy of R. L. Polk & Co.; reoublication prohibited
§ Excludes railroad-owned private refrigerator cars and private line cars,
U.S. G O V E R N M E N T P R I N T I N G O F F ! C E : 1 9 6 3
2 785. 1
2 655. 7
2129.4
TO CURRENT BUSINESS STATISTICS, Pages S1-S40
Earnings, weekly and hourly
14-16
Eating and drinking places
11,12
Eggs and poultry
3, 7, 29
Electric power
4, 8, 26
Electrical machinery and equipment
3,
5, 6, 13-15, 19, 22, 34
Employment estimates
12-14
Employment Service activities
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities)
1,
2,21,22
Express operations..
—
23
; tobacco
24,25
26
26-30
30,31
1,3,4,7,8,10-15,38
35,36
;» 4-6, & 10, 11, 13-15, 19, 22, 40
Automobiles, et&
»of international payments
2
16,17
27
33
34
28
4,8,10,26
13-15
_.,, w,,wp prices, sales,
JJti.
18-20
33
38
__ _
20
!ft|aterials_ 8-10,31,36,38
,
r), failures _
23,24
28
8-10,38
8
"With'4 ot more and 11
I?
3-15, 19, 22, 24, 25
8,38
4, 8, 13-15, 22-24, 35
.23, 29
23,29
23, 24, 35
13-15, 19, 20, 24
29
.„„
^___
.„
,
pliiga, wages
T
9
9, 10
13-16
9, 10
9
^.;
,i|l
fctace
^H,J™
,_^_,
1, 2, 9
17,18
1,2
3,4
7
23,33
_
27
. mdr -price index)
7
tacte«3
7, 8, 21, 22, 39
il and oil
30
17,18
3, 7, 27, 28, 30, 39
t^-L^
4,13-15,35
19
yields
Digitized/ ' /for
' " "FRASER
• ;v;^ "p
http://fraser.stlouisfed.org/
W
Federal; ^ll5il«SifiS;|SSi?*l«iSii
Reserve Bank of St. Louis
• 'y:fel6
3, 7, 27
16
18
11,12, 17
16, 17, 19
16
26
3, 18-21
11,12
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
1, 3, 7
Farm wages
16
Fats and oils
8, 29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve reporting member banks
17
Fertilizers
8, 25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products___ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Foreclosures, real estate
10
Foreign trade
21-23
Foundry equipment
34
Freight carloadings
23, 24
Freight cars (equipment)
4, 40
Fruits and vegetables
7, 8, 22
Fuel oil
35,36
Fuels
4, 8, 35, 36
Furnaces
34
Furniture
3,4,8,10-15,17
Fura
23
Gas, output, prices, sales, revenues
4, 8, 26
Gasoline
1,35,36
Glass and products
38
Glycerin
25
Gold
2, 19
Grains and products
7, 8, 22-24, 27, 28
Grocery stores
11, 12
Gross national product
1, 2
Gross private domestic investment
1, 2
Gypsum and products
8, 38
Hardware stores
11
Heating equipment
.
8,34
Hides and skins
8, 30
Highways and roads
9, 10
Flogs
28
Home Loan banks, loans outstanding
10
Home mortgages
10
Hosiery
38
Hotels
14, 15, 24
Hours of work per week
14
Housefurnishings
1, 4, 7, 8, 10-12
Household appliances and radios
4, 8, 11, 34
Housing starts
9
Imports (see also individual commodities)-_ 1, 21-23
Income, personal
. 2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3, 4
By market grouping
3, 4
Installment credit
12,17, 18
Installment sales, department stores
12
Instruments and related products
3, 13-15
Insulating materials
34
Insurance, life
18, 19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6, 11, 12
Inventory-sales ratios
5
Iron and sreel__
3, 5, 6, 8, 10, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather and products
3 8, 13-15, 30, 31
Life insurance
18, 19
Linseed oil
30
Livestock
3, 7,8, 24,28
Leans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10, 16, 17, 20
Lubricants
35, 36
Lumber and products
3, 5, 6, 8, 10-15, 19, 31
Machine tools
34
Machinery
3, 5, 6, 8, 13-15, 19, 22, 34
Mail order houses, sales
11
Manmade fibers and manufactures
8,39
Manufacturers' sales, inventories, orders
4-6
Manufacturing employment, production workers, payrolls, hours, earnings
13-15
Manufacturing production indexes
3, 4
Margarine
29
Meats and meat packing
3, 7, 28
Medical and personal care
7
Metals
4-6,8, 13-15, 19,23,32-34
Milk
27
Mining and minerals
2-4,8, 13-15, 19, 20
Monetary statistics
19
Money supply
19
Mortgage applications, loans
10, 16, 17
Motor carriers
23
Motor vehicles
1, 4-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators34
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
8, 19, 23, 33, 34
Noninstallment credit
.
17
Oats
27
Oil burners
34
Oils and fats
8, 29, 30
Orders, new and unfilled, manufacturers'
6
Ordnance
13-15
Paint and paint materials
8, 25
Panama Canal traffic
24
Paper and products and pulp
3,
5, 6, 8, 13-15, 19, 23, 36, 37
Parity ratio
7
Passports issued
24
Payrolls, indexes
14
Personal consumption expenditures
1, 2
Personal income
2, 3
Petroleum and products
4-6,
8, 11, 13-15, 19,22,23,35,36
Pig iron
32
Plant and equipment expenditures
2, 20
Plastics and resin materials
25
Population
12
Pork
28
Postal savings
17
Poultry and eggs
3, 7, 29
Prices (see also individual commodities)
7, 8
Printing and publishing
4, 13-15
Profits, corporate
1, 19
Public utilities
2-4, 7-9, 13-15, 18-21
Pullman Company
24
Pulp and pulpwood
36
Purchasing power of the dollar
8
Radiators and convectors
34
Radio and television
4, 8, 10, 11, 34
Railroads
2, 13, 14, 16, 18-21, 23, 24, 40
Railways (local) and bus lines
13-15, 23
Rayon and acetate
39
Real estate
10, 17, 18
Receipts, U.S. Government
18
Recreation
7
Refrigerators and home freezers
34
Rent (housing)
7
Retail trade
4, 5, 7, 9, 11-15, 17
Rice
27
Roofing and siding, asphalt
36
Rubber and products
4-6, 8, 13-15, 23, 37
Rye
27
Saving, personal
Savings deposits
Securities issued
Services
Sheep and lambs
Shoes and other footwear.,
Silk, prices, imports, production
Silver
Soybean cake and meal and oil
Spindle activity, cotton
Steel ingots and steel manufactures
Steel scrap
Stock prices, earnings, sales, etc
Stocks, department stores
Stone, clay, and glass products
Stoves and ranges
Sugar
„
Sulfur
Sulfuric acid
Superphosphate
2
17
19, 20
1, 2,13-15
28
1, 8, 11, 12, 31
8, 39
19
30
39
32, 33
32
20, 21
12
3-6,
8, 13-15, 19, 38
34
23, 29
25
25
25
Tea imports
29
Telephone, telegraph, cable, and radiotelegraph carriers
13-15, 19, 20, 24
Television and radio
4, 8, 10, 11, 34
Textiles and products.. 3, 5, 6, 8, 13-15, 19, 22, 38-40
Tin
23, 33
Tires and inner tubes
8, 11, 12, 37
Tobacco and manufactures
4-8, 10, 13-15, 30
Tractors
22, 34
Trade (manufacturing, wholesale, and retail)
4-6, 11, 12
Transit lines, local
23
Transportation
1, 2, 7, 23, 24
Transportation equipment
3-6, 13-15, 19, 40
Travel
23, 24
Truck trailers
40
Trucks (industrial, motor)
34, 40
Unemployment and insurance
12, 16
U.S. Government bonds
.
16-18, 20
U.S. Government
finance
.
18
Utilities
2-4, 9, 13-15, 18-21, 26
Vacuum cleaners
Variety stores
.
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans' benefits
Wages and salaries
Washers and driers
Water heaters
Waterway traffic
Wheat and wheat
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc
34
11, 12
29, 30
7,8,22
24
16, 18
flour
1,3, 14-16
34
34
24
28
8
4, 5, 12
36
7, 8, 23, 40
33, 34
UNITED STATES
GOVERNMENT PRINTING OFFICE
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OP POSTAGE. $300
CQPOi
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 2O4O2
OFFICIAL BUSINESS
First-Class Mail
A
Supplement
to the
Survey
of
Current
Kusiness
TAT
SINCE
192 9
* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
* PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY-SINCE 1929
* ANALYSIS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITIOh
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