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AUGUST 1964

survey of




CURRENT
BUSINESS

U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

SURVEY OF CURRENT BUSINESS
AUGUST 1964

VOL. 44, NO.

U.S. Department of Commerce
Luther II. Hodges
Secretary
Richard H. Holton
Assistant Secretary for
Economic Affairs
Office of Business Economies
George Jaszi
Director

Contents
THE BUSINESS SITUATION

PAGE

Summary

,.

Louis J. Paradiso
Associate Director

1

Murray F. Foss
Editor
K. Celeste Stokes
Billy Jo ETur
Statistics Editor
Graphics

Gross National Product Continues Sharp Increase in Second
Quarter

3

Pattern of Second Quarter Advance

3

The Tax Cut

5

STAFF CONTRIBUTORS
TO THIS ISSUE
Business Review and Features:
David R. Hull, Jr.
Robert B. Bretzfelcler

ARTICLES
Foreign Investments in 1963-64

Articles:
Samuel Pizer
Frederick Cutler
Julius N. Freidlin
Zalie V. Warner

8

Portfolio and Short-Term Investments

8

Direct Investments Abroad

9

Regional Economies Division Stai
Earnings and Income

12

Foreign Investments in the U.S.

13

Overall Investment Position

24

Personal Income by States and Regions in 1963

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Make checks payable to the Super
tendent of Documents and send to U
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Commerce Field Office.

15

U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., 87101, U.S. Courthouse. Phone
247-0311.
Anchorage, Alaska, 99501, Loussae-Sogn Bldg. BR
2-9611.
Atlanta, Ga., 30303 75 Forsyth St. NW. JA 2-4121.
Baltimore, Md., 21200, 305 U.S. Customhouse PL
2-8460
Birmingham, Ala., 35203, 2030 Third Ave. N Phone
325-3131.
Boston, Mass., 02110, 80 Federal St. CA 3-2312.
Buffalo, N.Y., 14203, 117 Ellicott St. 842-3208
Charleston, S.C., 29401, No. 4 North Atlantic Wharf.
Phone 722-6551.
Charleston, W. Va., 25301, 500 Quarrier St. Phone 3436196.
Cheyenne, Wyo., 82001, 16th St. and Capitol Ave.
Phone 634-2731.
Chicago, 111., 60604, 1486 New Federal Bldg. Phone
828-4400.
Cincinnati, Ohio, 45202, 550 Main Street. Phone 3812200.
Cleveland, Ohio, 44101, E. 6th St. and Superior Ave.
Phone 241-7900.




Dallas, Tex.. 75202,1114 Commerce St. HI 9-3287.
Denver, Colo., 80202, 142 New Customhouse. Phone
534-41.01.
Des IVloir.es, lov/a, 50309 1216 Paramount Bids. Phone
284-4222
Detroit, Mich., 43226, 445 Federal Bldg. Phone 2266088.
Greensboro, N.C., 27402, 407 U.S. Post Office Bldg.
Phone 273-8234.
Hartford, Conn., 06103,18 Asylum St. Phone 244-3530.
Honolulu, Hawaii, 9G813, 202 International Savings
Bldg. Phone 338-667.
Houston, Tex., 77002, 515 Rusk Are, 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
688-2330.
Memphis, Tenn., 38103, 345 Federal Office Bldg. 5343211.

Miami, Fla., 33132, 51 S.W. First Ave. 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
527-6546.
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 261-3285.
Pittsburgh, Pa., 15222, 355 Fifth Ave. Phone 644-2851.
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. Phone 6493611.
St. Louis, Mo., 63103, 2511 Federal Bldg. MA 2-4243.
Salt Lake City, Utah, 84111,125 South State St. Phone
524-5116.
San Francisco, Calif., 94102, 450 Golden Gate Ave.
556-5864.
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

*••
j

ULY was another month of rising
business activity, after allowance for
seasonal influences. Important measures such as personal income, industrial
production, retail sales and n on farm
employment were higher than in June.
The July increases put all of these
indicators above their respective second
quarter averages, starting the 14th
quarter of expansion in the present
cyclical advance.
The latest developments follow a
second quarter increase in GNP of $10
billion, the fourth large quarterly rise
in a row. Heightened demand in most
final markets contributed to the advance, but the expansion in consumer
expeiiditures was predominant. A more
detailed review accompanying the regular second quarter income and product
statistics is presented in later pages of
this issue.
Retail sales higher

Increased consumer buying, under
the influence of rising disposable income, was the major stimulus to the
increased economic activity in the first
half of this year. This summer retail
sales are continuing to show strength.
The preliminary report on retail trade
for July put sales at a new peak, about 1
percent (seasonally adjusted) above the
revised June rate and above the
previous high readied,in May.
Sales were up in both durable goods
and nondurable goods stores from
June to July. For durables the July
rate was about 1 percent above the
second quarter average, and for nondurables, about 2 percent.
The durable goods rise over the
month was rather sharp, and reflected
some recovery in automotive sales,
which had fallen the month before
because of the trucking strike that
held back deliveries from East Coast
plants to retail dealers. Since the



wciuon
strike was not settled until the end of
the third week in July the month's
performance looked comparatively good,
gaged by unit sales o! new domestic cars.
The seasonally adjusted annual rate of
sales was in excess of 7% million vehicles, well above the June rate and not
EXPANSION

Personal income and employment
advance

HAS ACCELERATED

SINCE MID-1963 , . .
Billion $

650

As Gams in FINAL PURCHASES
Have Been Strong <. * <

650
600
550
500
450

Current $

0
-50
PRICES Have Advanced Slowly
Index, 1963 ~ 100

125

Personal income rose about $1^
billion at a seasonally adjusted annual
rate to reach a total of $491 billion in
July. Somewhat more than $1 billion
of the rise reflected increased wage
and salary payments, about evenly
divided among the major industry
groupings.
The rise in payrolls during the month
was primarily the result of increased
employment. The IK >i if arm establishment total was up about 140,000, after
seasonal adjustment; except for government employment, which dipped
slightly, increases were quite general
by industry division. The July rise
was the eighth successive monthly
advance in employment, which lias
risen by more than 1/2 million over
the past year.

i i i I i i i
And INVENTORY ACCUMULATION
Has Continue*! Moderate

50

far from the 7 3 4 million average rate
for the first 5 months of 1964.
Although retail stocks are high, the
favorable selling pace in the most
recent weeks suggests that the cleanup
of 1964 models is proceeding in an
orderly fashion.

Implicit GNP Deflator

100;
75
1961

1962

1963

1964

Seasonally Adjusted, at Annual Rate
O.S. Department of Commerce, Gfftce+of Business Economics 64-3-1

Unemployment lower

The sustained rise in the demand for
labor has brought about a distinct improvement in the overall unemployment situation this spring and summer.
The number of jobless fell more than
usual from June to July, to a seasonally
adjusted total of 3.6 million, and the
unemployment rate declined to 4.9 percent. In the past 3 months the rate
has moved irregularly lower, averaging
5.1 percent, the lowest 3-month average
in 5 years. The incidence of unemployment still varies widely but the recent
improvement has been rather general,
as may be seen in the following table.
1

SURVEY OF CURRENT BUSINESS
Unemployment Rate, Seasonally Adjusted

tive to sales. In the second half of
1963 backlogs declined slightly, both
in level and relative to sales.
3 months ending
The fluctuating volume of defense
orders frequently introduces an element
4 4
July 19H3
o 7
3 2
16 5
o 4
of irregularity into the new orders
October 1953
15.2
5 5 4.2
3.0
5.6
series. Part of this year's overall inJanuarv 1964
5. 7
4.4
5 5 3.3 15.5
crease is due to an upsurge in defense
April 1964
5 4
5 5 2 9 14 8
39
orders during the first quarter from the
July 1964
.__ _ 5.1 3.8
5.0
2.7
14.7
very low fourth quarter 1963 level.
However, the exclusion of defense from
the total, as may be seen in the accomBalance of payments deficit rises
panying
chart, would still leave the
Preliminary estimates of the second
order
rate
during the second quarter at
quarter balance of payments indicate a
a
record
level
for the current expansion.
deterioration as compared with the firstquarter of 1964. Measured by changes Primary metals orders up
in U.S. official monetary reserves and in
A feature of the April-June period
liquid liabilities to foreigners, the seahas been the sustained strength in the
sonally adjusted balance was adverse by
flow of orders to producers of primary
about $790 million in the spring quarter,
metals. Orders received bv these inas compared with a first quarter deficit
of about $75 million. The second quarter total includes as liquid liabilities
NEW ORDERS-DURABLE GOODS
INDUSTRIES
foreign purchases of $122 million of
convertible special Government seBillion $
curities.
24
Although the change in the balance
from the first to the second quarter
22
appears to have been large, it was not
unexpected, as the international trans20
actions during the first quarter included
18
many which were temporarily favorable
to the U.S. balance of payments.
!1 Men !\Vomenj
I
20 ; 20
! Mar- j TeenTotal! years; years i ried ! agers
and
and
; men j
: over over !
|

16

New Orders

14

Xew orders received by manufacturers of durable goods, winch had
moved up sharply in the first quarter
of this year, increased further during
the second quarter, reflecting the rising
demand for durable goods. The second quarter rate of orders was more
than 3 percent above that of the first
quarter and almost 10 percent higher
than the corresponding 1963 figure.
Shipments by durable goods industries have also increased this year, but
the inflow of new orders has exceeded
shipments in each month since January.
As a result, the volume of unfilled orders
lias shown a steady rise since the beginning of the year and has increased rela-

12




Total, Excluding Defense '

10

Machinery and Equipment

\

1962

1963

1964

Seasonally Adjusted
* Defense products include communication
equipment, complete a i r c r a f t , a i r c r a f t parts,
and ordnance.
U.S. Department of'Commerce, Office of Business Economics

64-8-2

August 11W4

dustries rose 10 percent as compared
with the prior 3-month period, with
steel mill orders up about 15 percent
and other primary metals 5 percent
higher. The increasing inflow of new
business to iron and steel producers
has been reflected in rising steel mill
output this year. This strengthening
of demand has lengthened delivery
times for many mill products, and lias
led a majority of producers to anticipate an improvement in the rate of
August shipments over the July level.
Rise in machinery

New orders for machinery and equipment are responding to the step-up
in business investment programs now
taking place and scheduled for the
rest of the year. The first-to-second
quarter gain was close to 9 percent,
and incoming business during May
and June was at peak levels. New
orders received have exceeded shipments by these industries eacli month
this year, continuing a trend in progress
since November 1962.
While most machinery and equipment industries have experienced some
rise in orders, the most significant
gains have taken place in nonelectrical
machinery. Orders for such equipment have advanced for seven successive quarters, with an acceleration
evident in the past two quarters.
Builders of machine tools have reported
a sharp jump in bookings with demand
from the automotive industry especially
heavy. Industries manufacturing consumer durable goods have been receiving orders at a fast pace throughout
the first half as consumer spending
for their products has been stepped up
at the retail level.
Railroad freight car orders have
climbed dramatically. The number of
cars placed on order so far in 1964
is up 45 percent from a year earlier,
as the carriers continue to modernize
their rolling stock, and attempt to
provide the specialized types of equipment demanded by many shippers.

SURVEY OF CURRENT BUSINESS

August 1964

Gross National Product Continues Sharp Increase in Second Quarter
Reflecting the underlying- strength of
consumer, business, and government
demand, the GNP expanded again in
the second quarter of 1964 to reach
$618^ billion at a seasonally adjusted
annual rate. This was a gain of nearly
$10 billion, or more than 1% percent,
over the preceding quarter. With
prices continuing their slow rise—the
latest was about one-half of 1 percent—
the second quarter advance in the real
volume of output exceeded 1 percent,
about matching the average quarterly
production gain since mid-1963,
The major feature of the quarter was
the sharp $12 billion advance in disposable personal income, reflecting rising activity and the first full quarter
effect of the tax cut. The income increase was about equally divided between consumption and saving-.
The rise in GNP over the past year
represents a distinct acceleration in the
present expansion, reflecting more rapid
increases- in demand in most final
markets (see chart). Nonetheless cyclical excesses have been avoided. The
price rise has been moderate. Inventory accumulation has not been large
and stocks remain low relative to sales.
Capital investment has been movinghigher but at a rather steady pace.
Profit margins continue strong, tending
to rise slowly during the past year.
Pattern of Second
Advance

Quarter

The second quarter GNP gains were
widely distributed. Demand in nearly
all major domestic final markets was
higher in the spring than in the winter
quarter, and inventory accumulation—
although continuing moderate—was at
a somewhat faster pace than in the
first quarter.

quarterly increases of the current expansion. For the first two quarters of
1964 combined, the advance in consumption expenditures was the largest
half-yearly rise in peace time.
Demand for household furniture and
appliances and for apparel, food and a
wide range of miscellaneous nondurables
and semidurables has been very strong
so far this year. Since the fourth
quarter expenditures for consumer
goods except autos have increased 2
percent per quarter. In the earlier

THREE PHASES OF THE BUSINESS
EXPANSION
Increases in the REAL VOLUME of OUTPUT
Accelerated During the Past Year
Average Percent Change
Per Quarter U
0

1

2

3

4

5

:•:) i i96i -n 1952
GNP, TOTAL

U 1962-H 1963
1963-11 1964

Demand in Most FINAL MARKETS Grew More
Rapidly
Final
Purchases

Business investment in plant and
equipment rose three-quarters of a
billion dollars in the second quarter
to reach a seasonally adjusted annual
rate of $57/4 billion. In five successive
quarterly advances, business fixed investment has risen $7% billion, or
nearly 15 percent, following the hesitation of late 1962—early 1963. The
latest OBE-SEC Plant and Equipment
Survey indicates that there will be a
continued strong rise in investment at
least through the end of 1964.
The value of residential construction
put in place, at a seasonally adjusted
annual rate of $2$% billion in the spring
quarter, was down three-quarters of a
billion dollars from the first quarter.
This dip has reflected mainly some
weakening in the strong 3-year advance
in multi-family housing.
Inventory accumulation higher but
still moderate

Consumer

So far in 1964, inventory accumulation has been restrained and below the
moderate rate of late 1963. In the
second quarter additions to stocks were
at a $3% billion annual rate, up about
$1% billion over the first quarter. Most
of the second quarter stock building
was in durable goods, in contrast to the
first quarter concentration in nondurables. Furthermore, the bulk of
the latest increase was in trade stocks.
There were sizable but offsetting
changes within manufacturing industries; most durable goods industries,
particularly machinery, added to inventories.

Federal
State and
Local
Residential
Construction
Recent Gains by TYPE OF PRODUCT Evenly
Distributed
Services

Construction




Fixed investment mixed

Business Fixed
Investment

Consumer demand higher

With the tax cut reflected in paychecks throughout the quarter, more
than half of the GNP rise was accounted
for by a $6 billion increase in consumer
purchases. This was less than the $9
billion advance in the opening quarter
of 1964 but clearl}7 exceeded the average

part of the business expansion, demand
for this combined group of items
ad vane sd more slowly—at an average of
1 percent per quarter.
Automobile sales, on the other hand,
were little changed in the spring from
the very high first quarter pace, partly
because of the trucking strike toward
the end of the second quarter. As
compared with the fourth quarter 1963
rate, car sales in the spring quarter
were $1 billion higher.

Nondurable
Goods
Durable
Goods

Government purchases spurt

-U Based en 1954 d o l l a r data,
U.S. Department of Commerce, Office of Business Ecanomics

64-8-3

A $4% billion rise in government outlays for goods and services in the spring
quarter carried the total to $129% billion at a seasonally adjusted annual

SURVEY OF CURRENT BUSINESS
PERSONAL INCOME, TAXES, SPENDING,
AND SAVING
Billion
525

$

PERSONAL INCOME
500

-

475

75

^^
i
i
1
i

i

450

i

i

_ TAXES.!/
Federal

\
50

25

~

Sfafe and Local

—

\
0

450

I

I

I

1

i

l

l

DISPOSABLE INCOME

y

425

400

375

400

i i i i i i i
CONSUMPTION EXPENDITURES

375
350

50

i

i

]

1

i

i

i

SAVING

25

0

i

i

i

I

i

i

i

Perc ent
12
SAVING RATE -£/

8

4

i

i

i

1

i

1963

i

i

1964

-^•'Personal tax and nontax payments.
—' Sav ng as a percent of disposable
personal income.
U.S. Department of Commerce. Office of Business Economics




64-8-4

rate. The steady rise in State and local
expenditures continued. Highway construction outlays were little changed
but increases in other State and local
construction expenditures and in payrolls brought about a gain of $1%
billion, or 2% percent.
Federal Government outlays, for the
first time in over a year, were up substantially due to a large rise in national
defense expenditures. Expanded Department of Defense outlays in June
accounted for most of the recent
increases; spending by the National
Aeronautics and Space Administration
was also up. Nondefense purchases
were somewhat lower, reflecting mainly
dampened price support activity by the
Commodity Credit Corporation.
National defense purchases of goods
and services have followed a rather
uneven course this year, and the large
second quarter rise in Defense Department purchases does not appear to
signal a reversal of the longer trend in
these outlays. Defense spending in the
first half of 1964 was virtually the same
as in the second half of 1963, which in
turn was only fractionally higher than
the rate in the first half of that year.
Gains reflected

August

CORPORATE PROFITS, TAXES,
DIVIDENDS, AND INTERNAL FUNDS
Billion $
65
BEFORE TAX P R O F I T S ^
60

55

50
45

30

CORPORATE T A X E S

25
20

35

AFTER TAX PROFITS

30

25
20

in national income

The continuing business advance was
reflected in an $8% billion second
quarter gain in national income to
$506/2 billion. Most of the gain was in
compensation of employees, which rose
$6 billion as a result of increased
employment and wage rates. The
employment rise was strong enough to
reduce the unemployment rate in the
second quarter to about 5/4 percent—
the lowest quarterly average in the
current business expansion.
Corporate profits, including the inventory valuation adjustment, rose
somewhat to reach $57/2 billion according to preliminary estimates. The
moderate second quarter gain followed
a sharp $8/2 billion first quarter rise.
Profit margins—as measured by the
share of profits in corporate gross
product—have continued to be very
favorable so far in 1964, with both
quarters exceeding the already high
fourth quarter 1963 rate.

15

UNDISTRIBUTED PROFITS

10

40

35

CAPITAL CONSUMPTION
ALLOWANCES
-

30 L

50

45

INTERNAL FUNDS
-

40
35

J_
1963

1964

Quarterly, Seasonally Adjusted, at Annual Rate
—'Excludes inventory v a l u a t i o n a d j u s t m e n t .
—/Undistributed profits and c a p i t a ! consumption
allowances.
U.S. Department of Commerce. Office of Busm

SURVEY OF CURRENT BUSINESS

liMi-4

The Tax Cut
The direct income effects of the 1964
Federal tax reduction are shown in the
accompanying two charts on personal
and corporate income. In addition to
raising disposable personal income and
after-tax profits of the business sector,
the tax law revisions also, of course,
affected the Federal fiscal position.

Personal spending and saving

The tax cut has stimulated consurnption expenditures this year although it
is difficult to make a precise estimate of

Table 1. — Gross National Product in Current and Constant Dollars (1-3, 1-5)



1964

1963
1961 1962

1963

II

III

I

IV

1963
1961 1962

II

Seasonally adjusted at
annual rates

Personal income and taxes

Since the tax cut became effective on
March 5, its direct effects on disposable
personal income can be traced most
clearly by examining changes from the
fourth quarter of 1963 to the second
quarter of 1964. Over this period
personal income rose by $13% billion,
an advance not much different from the
rise in the second half of 1963, Disposable income had advanced by an
average of $6 billion per quarter in the
second half of last year, and—in the
absence of the tax law changes—the
increase in disposable income would
have continued at roughly this rate in
the opening two quarters of this year,
given the actual increase in personal
income.
In fact, spendable income was up
much more sharply: by more than $8 billion in the first quarter and by $12
billion in the second quarter, or more
than $20 billion at an annual rate for
the 6-month period. It is estimated
that the tax reduction directly increased
spendable income by roughly $9 billion
(annual rate) in the first half. The 2%
percent advance in disposable income,
in the spring quarter, it may be noted,
was the sharpest in the current expansion and the second largest quarterly
advance since the end of the Korean War.
Due to a number of offsets the actual
decline in total personal taxes (including State and local) over the half year
was only $6/4 billion rather than approximately $9 billion. As economic
activity and income continued to rise,
State and local taxes increased by onehalf of a billion dollars. The impact of
rising incomes also tended to limit the
decline in Federal personal taxes, which
fell $7^ billion over the half year. The
decrease in withheld income taxes was
somewhat larger than this but other
Federal taxes (especially payments under the quarterly declarations system)
continued
to rise.


the size of this increase. It is also
evident that so far a good part of the
tax cut has been saved.
As pointed out above, personal con-

III

II

I

IV

II

Seasonally adjusted at
annual rates

;

Billions of current dollars
Gross national product

1963

1964

•

Billions of 19.54 dollars

518. 7 556.2 583.9 577.4 587.2 599.0 608.8 618.6 447.9 476.4 492.6 487.9 494.8 502.0 508. 0 513.5

Personal consumption expenditures
337. 3 356.8 375.0 372. 0 377.4 381. 3 390.0 396. 1303.8 318.5 330.6 328.6 332.4 334.4 340. 9 345.0

52. 1 51.5 52.2 53.6 55.9 57.0 41.4 45.7 49.3 48.6 49.4 50. 8 53.1 54. 0
43.7 48.4
9
155 4 16 0 167.5 166. 6 168. 6 168. 9 172.9 175. 3 143.5 148.3 151. 6 151. 1 152. 5 152. 1 155. 2 157. 4
138.3 146.4 155. 3 153. 9 156. 6 158. 8 161.1 163.8 118. 9 124. 5 129. 7 128. 9 130.6 131. 6 132. 6 133.7

Durable goods
Nondurable good's
Services
Gross private domestic investment

G8 8 79.1 82.0 80.2 82.8

87.1 85.9 87.2 57.4 65.9 67.7 66.2 68.1 71.7 70.1 70.8

41.0 44.2 46.6 45.9 47.2 48.3 49.2 48.9 34.3 36.7 37.9 37.5 38.2 39.0 39.6 39.2

New construction
Residential n on farm
Other
.
..

'n i

23 6 25 '> 25. 1 25. 4 26. 2 26.9 26.2 18.2 20. 1 21.2 21.2 21.2 21.8 22 3 21.6
19.8 20.6 21.3 20.8 21. 9 22.1 22.3 22.7 16.1 16. 5 16.7 16.4 17.0 17. 2 17.3 17.5

Producers' d u r a ) -le equipment. 25.9 29. 0 31.0 30.7 31.4 32.4 34.2 34.6 21.4 24.0 25.6 25.4 25.9 26. 8 28.1 28.3
Change in business! nventories _

1.9

5.9

1. 5 5.3
3 .6

Nonfarm
Farm

Nat exports of goods and services, _ 4.6

4.0

5.2

4.4

3.6

3.9

3.2
.5

3.7
.5

6.0
.4

2.2
.3

3.4
.3

1.5
.2

4.8
.4

4.4

4.3

4.2

5.8

7.7

5.7

2.5

2.2

4.2

6.4

2.5

3.7

1.7

4.1

3.3

4.0

5.9

2. 4

3.3

3.6
.5

2.7
.5

3.4
.6

5.5
.4

2.1
.3

3.0
.3

2.2

2.1

2.0

3.5

5.4

3.4

27.6 29. 2 30.7 30.5 31.0 32.6 34.5 33.7 25.8 27. 5 29.1 28.9 29.4 30.9 32.7 31.9
23.0 25. 2 26.3 26.3 26.8 26.9 26.8 27.9 23.3 25.3 26. 8 26.8 27.4 27.4 27.3 28. 5

Exports
Imports

Government purchases of goods
and services
108.0 116.3 122.6 120.9 122.8 124.8 125.2 129.6 84.3 89.8

92.1 91.0

92.3 92.4 91.6

94.3

57. 4 62.9 64.7 64.3 64.4 64.9 64.3 67.1 44.8 49.4 49.7 49.4 49.6 48. 9 47.8 49.8

Federal
National defense
Other
Less: Government sales

49.0 53. 6 55.2 55.2 55.5 55.3 54.0 57.0
8.9 10.2 10.3 9.9 9.5 10.5 11.5 11.0
.9
.9 1.2
.6
.8 .9
.9
.6
50.6 53.5 57.9 56.7 58.4 59.9 60.9 62.5 39.4 40.3 42.4 41.7 42.7 43.4 43.8 44.5

State and local

Table 2.—National Income by Type of Income (1-8, 1-9)
[Billions of dollars]
1964

1963
1961

1962

1963

II

III

IV

I

II

Seasonally adjusted at annual rates
National income.

426.9

455.6

478.5

474.6

481.9

490.0

498.4

1506.6

302.2
278 8
997 o
10.2
41.6
23.4
11.8
11. 6

323.1
297. 1
241.6
10.8
44.7
25.9
13.6
12.3

340. 3
312.1
252.9
10.9
48.3
28.2
15.1
13.1

338.1
310.1
251.6
10.7
47.8
27.9
15.0
13.0

342.7
314.3
255. 0
10.7
48.7
28.4
15.2
13.2

347.7
318.8
257.6
11.7
49.6
28.8
15.4
13.4

352.5
323. 2
260. 8
11.7
50. 7
29.4
15.7
13.7

358.6
328.
265.
11.
51.
29. 9
15.9
14.0

9.2
2 4

9.7
2.6

10.4
2 7

Proprietors' income
Business and professional
Income of unincorporated enterprises
Inventory valuation adjustment
Farm

48.2
35 3
35.3
0

50.6
37.6
37. 6
0
13.0

50.1
37.3

50.7

51.5
38.3

51.2
38.6

51.7
39.1

r> 9

49.8
36.6
36. 6
0
13.2

12.8

12.9

13.2

12.6

12.6

Rentalincome of persons

12.2

12.2

12.3

12.3

12.4

12.4

12.4

12.4

Corporate profits and inventory valuation adji stment _ _ _
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment

44.1
44.2
22 3
21.9
15.2
6.7
-.1

48.4
48.2
23.2
25.0
16. 5
8.5
.3

50.8
51.3
24.6
26.7
18.0
8.7
-.4

50.2
51.1
24.5
26.6
17.7
8.9
-.9

51.4
51.3
24.5
26.7
17.9
8.9
2

53.1
54.3
26.0
28.3
19.1
9.2
-1.2

56.4
56. 6
25. 4
31.2
19.4
11.8
-.2

Net interest

20.1

22.1

24.4

24.0

24.7

25.4

25.9

Compensation of employees
Wages and salaries
Private
Military
Government civilian
Supplements t o wages and salaries
Employer contributions for social insurance
Other labor income _ _
Employer contributions to private pension
and welfare funds
Other

37.8

J

57.4
57.4
25. 8
31.7
19.8
11. 9
—.1
26.5

1. Second-quarter national income total and the corporate profits share are based on preliminary estimates and are subject,
to revision in next month's SURVEY.

SURVEY OF CURRENT BUSINESS

6
sumption expenditures increased by
nearly $15 billion from the close of 1963
to the spring of 1964. In the same
period, personal saving rose $5% billion
and the saving rate (personal saving
as a percent of disposable income) rose
from a little over 7 percent to a little
over 8 percent. The second quarter
rate is near the upper end of the comparatively narrow range of 6 to 8)2 per-

cent in which the personal saving rate
has fluctuated since the end of the
Korean War. In the past increases in
disposable income about as large as the
2% percent gain of the second quarter
1964 have typically been associated
witli large increases in the saving rate.
However, the length of time it has
taken for the rate to return to a more
typical figure has varied.

Table 3.—Personal Income and Its Use (H-2)
[Billions of dollars]

1963

1964

;
..

1961

1962

1963

II

III

IV

I

II

Seasonally a( justed at annual rates
Personal income
Wage and salary disbursements
Commodity-producing industries
Manufacturing only
Distributive industries
Service industries
. . _ . _ _
Government-

417.6

442.4

464.1

460. 2

466.3

474.5

480.9

487.9

278.8
110.8
87. 5
72. 9
43.4
51.8

297.1
118.5
94. 2
76.6
46.4
55. 6

312.1
123.3
98.0
80.3
49.3
59.2

310. 1 i 314.3
124. 1
122.9
97. 7
98.5
79.7
81. 0
49.0
49.9
59.4
58.5

318.8
125.5
99.9
81. 9
50. 2
61. 3

323. 2
1 26. 7
100.6
82. 7
51.3
62. 4

328. 7
128.9
102.4
84. 1
52.4
63.4

Other labor income

11.6

12. 3

13. 1

13.0

13.2

13.4

13.7

14. 0

Proprietors' income
Business and professional
Farm

48.2
35.3
12.9

49.8
36. 6
13.2

50.6
37.6
13.0

50.1
37.3
12.8

50. 7
37.8
12.9

51.5
38.3
13.2

51.2
38.6
12.6

51.7
39. 1
12.6

Rental income of persons

12 2

12.2

12.3

12.3

12.4

12.4

12.4

12.4

Dividends
Personal interest in come

15.2
27.5

16.5
30. 0

18.0
32. 9

17.7
32.4

17.9
33. 4

19.1
34.2

19.4
35. 0

19.8
35.7

Transfer payments
Old-age and survivor s insurance benefits
State unemployment insurance benefits
Veterans' benefits
Other

33.6
12.6
4.0
4.8
12 2

J 4.7
14.3
2.9
4.8
12.7

36. 7
15.2
2.8
5.0
13.7

36. 3
15.3
2. 6
5.0
13.3

36. 5
15. 4
2.6
5.0
13.4

37.2
15.4
3. 0
5. 1
13. 6

38.3
15.6
2.8
5. 2
14. 8

38.0
16. 1
2.5
5.3
14.2

9.6

10.3

11.8

11.7

11.9

12.1

12. 3

12. 5

Less. Personal tax and nontax payments
Federal
State and local
Equals: Disposable personal income

52.9
45.1
7.8
364. 7

57.9
49.1
8.8
384.6

61.6
51.9
9.6
402. 5

61.1
51. 5
9. 6
399. 1

61.9
52.2
9. 7
404. 4

63. 3
53. 4
9.9
411.2

61.4
51.2
10.2
419. 5

56.6
46.1
10.5
431.3

Less: Personal consumption expenditures
Equals: Personal saving

337.3
27. 3

356.8
27.8

375.0
27.5

372.0
27. 1

377. 4
2<.0

381.3
29.9

390. 0
29.5

396. 1
35.2

Addendum- Disposable personal income in constant
(1954) dollars

328.2

343.4

354.9

352.6

356. 3

360.7

366.7

375.7

Less: Personal contributions for social insurance. _

Table 4.—Gross National Product by Major Type of Product in Current and Constant
Dollars (1-6, 1-7)

1961 1962 | 1963

III

II

Billions of current dollars

Final sales
Inventory change.

I IV

I

I

II

Seasonally adjusted at
annual rates

Seasonally adjusted at
annual rates

Gross natio nal product

I III

Billions of 1954 dollars

518. 7 556. 2 583. 9J577. 4J587. 2 599. 0 608. 8 618. 6 447. 9|476. 4 492. 6 487. 9 494. 8 502. 0;508. OJ513. 5

516. 8 550. 3 79.,
1.9

583. OJ592. 61606. 4;614.9 446.

? 47 i;

488. 5 484. 6 490. 9:496. 1|505. 6 510. 2
4.1| 3.3 4 . 0 | 5.9! 2 . 4 3.3

Durable goods outputFinal sales
Inventory change

259.8279.5290. 2290.1 289, 81296. 71300. 7308, 0 233. 61250.3 258. 1 257. 7 257.8! 263.2! 266. 2(271. 8
0!254. 41253. 8J257. 3!263. 8 268. 5
257.9 273. 61285. 8:286. 5,285, 7 290. 3! 298. 2 304. 3232. OJ245.
H 3.3; 4.0 5.9! 2.4 3.3
7i 5.
1.9 5.9 4, 4| 3.6l 4. 2\ 6.4! 2.5! 3.
I
i
i
I
82. l j 91.
96, 3! 98.7! 94.3! 99.01100.4 105. 4
94.41105.3 110.41113. 7 108.1J113.4
0| 82. 11 89.: 94. 4 j 96. 4 j 93. 0! 96.4! 99.8 103.3
94 5J102. 3!l08. 2111. 0 106. o]110. 4
1. 9! 2.3| 1. 2l 2.6!
.6 2. 1
5 -. 1 j 2. I
- . l j 3.0J 2.2J 2.7 1.5| 3.0

Nondurable goods output
Final sales
Inventory change..

O[ lOO. 3185.'
O l LOO. I IfM). 6:151.
U
165. 4 174. 2J179. 8J176. 4J181.. 81183.
61158. 6J161. 8H59. 0 163. 61164. 21165. 8 166. 4
163. 4 171.3 177. 61175. 5|179.i . l 1179. 9 183.9 185.441149. 81155. 9:159. 61158. 0 160. 8J160. 9J164. Ojl65. 2
.9! 2.!. 7 3.4 1.8| 1.2 1. 7! 2. 6' 2. 3i 1.0 2.7! 3.3j 1.8| 1.2
2.0

Goods output
Final sales
Inventory change

!

|

i

I

200. 8! 214. 71228.4 223. 5 231.2 234.5239.61241.7

4|174. 8:181. 4|l78.1J183. 5i 184. 2J186. 8! 186. 7

Construction

58.1 62.0J 65.2! 63.7 66.2 67 J 68.6! 68.9

!
9 j 51. 3; 53. 0 52.11 53. 5| 54.6! 55. o| 55.0

Addendum: Auto product.

17.7 21.91 24.4| 24.2 24.3 25.6 2 5 . 8 1 2 6 . 4 14. 8J 18. 3' 20. 4 20. l| 20.4 21. 6J 21.7 22.0

Services




August 1964
Corporate income and taxes

In contrast to the personal income
tax cut, the entire direct effects of the
corporate tax reduction were reflected
in first quarter after-tax profits. The
decline in the tax rate, coupled with
a continued gain in corporate before-tax
profits, led to a very sharp increase in
after-tax earnings.
In the first quarter, the $2% billion
rise in profits before taxes (excluding
the inventory valuation adjustment) at
the old tax rates would have yielded
a rise in after-tax profits of about $1%
billion. The actual rise was nearly $3
billion, so that roughly $1% billion is
traceable to the new tax law. After-tax
profits advanced slightly in the second
quarter, reflecting a rise in before-tax
profits of about three-quarters of a
billion dollars.
Federal corporate tax accruals actually declined by only one-half of a
billion dollars from fourth quarter to
first, as the jump in profits before taxes
nearly offset the effects of the tax
reduction (see chart).
Dividends have continued to rise at
a moderate pace this year so that most
of the increase in after-tax income has
gone into retained earnings. The latter
have risen by $2% billion in the past 6
months. The increase in corporate
internal funds—retained earnings plus
capital consumption allowances—has
been $3% billion, or nearly one-tenth,
since the fourth quarter.
The Federal Budget

Reflecting the initial full quarter
effects of reduced receipts due to the
tax cut and the increase in defense expenditures, the Federal deficit on income and product account was $9
billion at a seasonally adjusted annual
rate in the second quarter. This was
a sharp change from the small deficit
incurred in the first quarter, which was
mainly the result of the drop in taxes,
stemming from the new tax law. In
1963, witli revenues rising in line witli
economic activity and with total Federal outlays changing little during the
year, there was a steady decline in the
deficit, from an annual rate of nearly
$5 billion in the opening quarter of the
year to an approximate balance in the
closing quarter.

SURVEY OF CURRENT BUSINESS

Alljjnst l!Mi4

Table 5.—Relation of Gross National Product, National Income
and Personal Income (1-17, 1-18)
[minoris 01 dollars]

Table 7.—Personal Consumption Expenditures by Major Type (II-6)
•—

[Billions of dollars]
——

•

!

1963
1901

1961

1962

II

1963

III

IV

I

1962

1963

48. 7

50.8

50. 5

51.2

51.7

Less: Indirect business tax and nontax
liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of

49 0
2.4
'} (j

52.8
2.4
18

1.6

1.6

565 5

55. 9 55.3 56. 1 57. 3 57.9
2.4
2.4
2.5
2,4
2.4
9 7 -4.3 -3.5 — 1.8 -1. (
.7

.9

1. 1

1.0

2 5

Plus: Government transfer payments

4S. 4

50.8

50. 2

51.4

53.1

56.4

21 4

23 9

26 9

26 7

27 1

27 5

28.0

'57'4
28 4

0

0

0

0

0

0

0

0

31.3

32.3

34.3

33.8

34.0

34.7

35. 9

35 -

7.4

8.0
16.5
2.4

8.6
18.0
2.4

8.4
17.7
2.4

8.7
17.9
2.4

8.8
19.1
2.4

9.1
19.4
2.5

qg
19-8

417.6 442.4 464.1 460.2 466. 3 474. 5 480.9

487. 9

15. 2
2.4

Dividends
Business transfer payments
Equals: Personal income

II

396.1

48.4

52.1

51.5

52.2

53.6

55.9

57.0

Automobiles and parts

17.1

20.6

22.7

22.6

22.6

23.2

24.3

24. 1

Furniture and household equipment

19. 3

20. 2

21.4

21.0

21.6

22.3

23.1

24.2

7.3

7.6

8.0

7.9

8.0

8.2

8.5

8.8

155.4 162.0 167.5 166.6 168.6 168.9 172.9

175.3

Other

81. 3 84.6

87.1

86.9

87.3

87.8

89.7

90.6

-- 28. 7

29.9

30. 7

30.1

31.3

30. 9

32.1

33.2

Gasoline and oil

11.9

12.3

12.8

12.8

12.9

13.0

13.3

13.5

Other

33.6

35.2

36.9

36.8

37.1

37.3

37.8

38.0

138. 3 146.4 155.3 153. 9 156.6 158.8 161.1

163.8

Food and beverages

1.0

44. 1

Net interest paid by govern-

1

43.7

Nondurable goods, total

426.9 455. 6 478. 5 474, 6 481. 9 490.0 498.4 i KQ£ {•
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance
Excess of wage accruals over disbursements

IV

_ 337. 3 356. 8 375. 0 372.0 377.4 381.3 390.0

Durable goods, total

52.5

474.1 507.5 533. 1 526.9 536.0 547. 3 556. 3

Equals: Net national product

III

Seasonally adjusted at annual
rates
Goods and services, total

518.7 556. 2 583. 9 577. 4 587.2 599. 0 608.8

Less: Capital consumption allowances . 44.5

II

II

Seasonally adjusted at annual
rates
Gross national product

1964

19 64

1963

Clothing and shoes _ _ . - _

Services, total
Housing

44.2

46.5

48.9

48.6

49.2

49.8

50. 5

51.1

Household operation

20.4

21.6

22.7

22.4

22.9

23.0

23.5

24.0

10.7

11.3

11.7

11.7

11.7

11.8

92.0

12.2

Other

63.0

67.0

72.0

71.3

72.7

74.1

75.1

76.4

Transportation

._

_ __

Table 8. — Foreign Transactions in the National Income Account

(IV-2)
[Billions of dollars]
Table 6.—Government Receipts and Expenditures
(111-3,111-4)
[Billions of dollars]
19 64

1963
1961

1962

II

1963

III

IV

Seasonally adjusted at annual
rates
II

I

Seasonally adjusted at annual
rates
Federal Government receipts
Personal tax and nontax receipts. _
Corporate profits tax accurals
Indirect business tax and nontax
accruals
Contributions for social insurance _

98.3 106.4 113.6 112.9 114.2 117.2 114.8
45. 1 49. 1 51.9 51.5 52. 2 53. 4 51.2
20.9 21.8 23.0 23.0 23.0 24.4 23.9

Federal Government expenditures
Purchases of goods and services

102.6 110.4 115.2 113. 9 114.9 116.6 117.2
57.4 62. 9 64. 7 64.3 64. 4 64.9 64.3

Transfer pay merits
To persons
Foreign (net)..

_ .__

14.1
18.2

15. 1
20.5

15.5
22.9

15. 6
23.0

27.4 28. ? 29.9
25.8 26.7 28.3
1.6
1. 6 1. 6

29.5
27.9
1. 6

7.2

8.0

Net interest paid

6. 7

7. 1

Subsidies less current surplus of
of governments nterprises

3.9

4. 2

9. 1

3.8

7. 5

7.8

3.9

3. 7

54.5

59. 5

64.4

63. 4

Personal tax and nontax receipts. _ 7.8
Corporate profits tax accruals
1.3
Indirect business tax and nontax
accurals
34.9
Contributions for social insurance- 3.2
Federal grants-in-aid

8. 8
1.4

9.6
1.5

9. 6
1.5

37.8
3.5
8.0

40. 2
3.9
9. 1

39. 7
3.8
8. 7

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

54.4
50.6
5.4
.8
2.4

2.6

2.8

Surplus or deficit (— ) on income and
product account

.1

2.1

2.4




29. 6 30.3
28.0 28. 6
1.7
1. 6
9.4

Surplus or deficit (— ) on income and
product account
-4.3 -4.1 -1.5 -1.0

1. See footnote table 2.

15.9
23.5

120.2
g7* i

31. 1
29.5
1.6

30.7
29.1
1. 6

9.8

10. 4

8. 3

8.4

29.2

30.7

30.5

31. 0

32.6

34.5

33.7

27.6

29.2

30.7

30.5

31.0

32.6

34.5

33.7

27.6

29.2

30.7

30.5

31.0

32.6

34.5

33.7

Imports of goods and services
23. 0
^TC^ transfer payments by government _ 1.6
3.0
Net foreign investment

25. 2
1.6
2.4

26. 3
1.6
2.8

26.3
1.6
2.6

26.8
1.6
2.6

26.9
1.7
4.1

26.8
1.5
6.2

27.9
1.6
4.1

Exports of goods and services

Table 9.— Sources and Uses of Gross Saving (V-2)
[Billions of dollars]

57.3
53. 5
5.6
.8

62.0
57. 9
6.0
.8

60.8
56. 7
6. 0
.8

2.6
1

— .7

9.9

3.5

3.7

.6 -2.4

3.6
1
1

—9.2
69. 2

64. 9 66.7

67.8

9. 7
1. 5

9.9
1.6

10.2
1. 6

1

40. 4
3.9
9. 4

41.3
4. 0
9. 9

42.1
4.1
9 8

42. 6
4.2
10.4

62.4
58. 4
6.0
.8

64.0
59. 9
6. 1
.8

65. 3
60.9
6.3
.9

2.8

2.8

2. 8

2.4

2.7

2.4

10.5
1. 6

66. 9
62. 5
6. 4
.9
2. 9
1

2. '}

19 64

1963
1961 1962

Grants-in-aid to State and local
governments .

State ardl ocal government receipts

15.7
23. 2

*P ^
i 04 9
~
15.9
16 1
23.9
24.2

27.6

1963

II

III

IV

1

II

Seasonally adjusted at annual
rates
Gross private saving

78.5

Personal saving
27. 3
Undistributed corporate profits
6.7
C orporate inventory valuation ad— l
justment
Capital consumption allowances. _ 44.5
Excess of wage accruals over dis0
bursements-

85.3 86.7

85.6

87.2

89.6

93.7

27.8
8.5

27. 1
8.9

27. 0
8. 9

29.9
9.2

29.5
11.8

50. 5 i 51. 2

—1 2
51.7

-.2
52. 5

-. 1
53.1
0

A
3
48.7 50.8

0

Government surplus on income and
product transactions
-4.2 -1.9
Federal
State and local
Gross investment
Gross private domestic investment
Net foreign investment
Statistical discrepancy
1. See footnote table 2.

27. 5
8. 7

0
.9

— 4 3 —4. 1 — 1 5
.1
2. 1
2.4

Q

0

0

0

0

1.6

1.7

3.3

0

] 0 i

7
2.4

1

35. 2
11.9

-6.9

—2 4
2.4

-9.2
91.3

71.8

81.5

84.8

82.9

85.4

91.1

92.1

68.8
3.0

79. 1
2.4

82.0
2. 8

80. 2
2.6

82.8
2.6

87.1
4. 1

85.9
6.2

2 7 -4.3 -3.5 -1.8

-1.6

-2.6 -1.8

1

4.'l
!-1.9

Bv SAMUEL PIZER and FREDERICK CUTLER

Foreign Investments in 1963-64
E increases in U.S. private
foreign investments have been a major
feature of the U.S. balance of payments
in 1963 and the first half of 1964. A
record amount of $6.3 billion was added
to these holdings in 1963, raising the
accumulated total to over $66 billion.
The increase reflected peak capital outflows of $4.3 billion, reinvested earnings
of over $1.5 billion, and $0.5 billion in
improved market values of securities
PRIVATE CAPITAL OUTFLOW
RATE IN EARLY 1964

AT RECORD

Short-Term Flow Moves Up Sharply
Portfolio Investments Drop Under Impact of
Securities Tax
Direct Investments Show Further Moderate
Increases
Billion $

2

-

1

-

1950 52

54

56

58

60

62

64

/ E s t i m a t e d f i r s t half 1964 at s e a s o n a l l y a d j u s t e d
annuaI rate.
P o r t f o l i o i n v e s t m e n t s c o m p r i s e net p u r c h a s e s of
foreign securities and loans w i t h a m a t u r i t y of
more than one y e a r .

(table 1). Each major category of investments, direct, portfolio and shortterm, scored greater gains than in 1962.
Though data for the first half of 1964
are still incomplete, capital outflow
appeared to be over a $5 billion annual
rate, with short-term lending more than
double the 1963 amount, direct investments not significantly changed, and
portfolio investments slowed down substantially as the effects of the proposed
interest equalization tax (IET) and
other
 market factors were felt. First


half outflows included some unusual
factors, such as very large flows to
Japan, a carryover of new foreign
security issues negotiated prior to the
announcement of the IET, and increased financing related to a rise in
exports. If these influences diminish
and are not replaced by others, such as
a considerable relative increase in capital costs abroad, the first half rate of
outflow may not be fully sustained in
the remainder of the year.

to this extent the shift to Europe as
the locus for new offerings did not
change the actual source of funds. In
1962 and 1963 these purchases in th
United States by nonresidents, probably Europeans for the most part,
averaged about $175 million a year
(table 5). Whether the European market will absorb as large a volume of
issues in the period ahead is not clear.
Most of the increase has been in the
United Kingdom, Germany, and Luxembourg; the Netherlands market has
been closed (after being sizable in 1961),
Portfolio and Short-Term
the Swiss market has not shared in the
Investments
recent development, and the French
market has been very limited. AlIn the past year and a half U.S.
though issues offered in the individual
transactions in foreign securities have
countries are not necessarily purchased
undergone very wide swings. Sales of
by residents--Luxembourg being the
new issues of foreign securities reached
prime example—each country tends to
a peak of $1 billion in the first half of
regulate access depending on the local
1963 (table 5), and then declined to
monetary situation, and, in general,
about $300 million in the second half.
European countries are currently tightThe July 1963 announcement of a proening their credit policies.
posed tax on U.S. purchases of most
In addition to lowered purchases of
types of foreign securities brought nenew foreign issues, U.S. investors have
gotiations for new flotations nearly to
also swung over to a net liquidation of
a halt. Of approximately $670 million
their holdings of foreign stocks since
sold to U.S. investors in the period July
mid-1963. In the 12 months through
1963-June 1964, only about $120 milJune 1963, Americans sold $687 million
lion were of a type subject to the tax,
of foreign stocks and bought $699
and about half of these were issues nemillion; in the following year thev sold
gotiated prior to the tax proposal.
$732 million while buying only $494
Canadian sales were largely of issues
previously arranged f o r ; European is- million. The shift led to a net inflow
sues were almost entirely stopped, as of about $250 million in capital between
were those of other developed countries. the 2 years. The proposed tax conAs the U.S. market for foreign issues tributed to the sharp drop in purchases,
contracted there was a compensating but domestic investments have also
opening up of European capital markets become more attractive; since mid-1962
to foreign issues. These markets had stock markets in the United States
absorbed an average of under $0.5 have shown considerably stronger and
billion of foreign issues annually in more consistent gains than those
1961-63, without exhibiting consistent abroad.
growth. In the first half of 1964 alone
roughly $0.6 billion of foreign issues Bank loans expanded
While the capital outflow through
were sold in Europe. These were
mainly European issues, but included purchases of foreign securities was diminishing, there was an offsetting upabout $0.2 billion of Japanese issues.
Some of the sales in Europe were surge in term loans by banks. The
presumably to foreign investors who amount outstanding on these loans
had previously purchased parts of new with a maturity of over 1 year had
issues offered in the United States, and increased at an annual rate of about

11HJ4

SURVEY OF CURRKXT BUSINESS

Direct Investments Abroad
$200 million in 1960-62. The increase
rose sharply to $150 million in the
U.S. business stepped up the pace of
first half of 1963 and $416 million in
foreign
expansion in 1963, and by all
the second (after eliminating for the
available
indications will continue to
year about $280 million of increases
maintain
a
vigorous growth rate abroad
related to changes in coverage and
for
some
time
ahead. Total additions
other factors). Outflows oi this type
to
the
foreign
investments
of the parent
remained high at about $310 million
companies
amounted
to
$3.4
billion in
in the first half of 1964, then appeared
1963, second only to the 1957 peak when
to taper off after March.
petroleum
investments were extraordiNearly $0.5 billion of these bank
narily
high.
The additions came from
loans in 1963 went to Western Europe,
largely in the fourth quarter, a much net capital outflows of $1.9 billion and
larger amount than in any earlier reinvested earnings of nearly $1.6 bilperiod. While the loans were spread lion, compared with 1962 equivalents of
over many countries, Italy alone re- $1.7 billion and $1.2 billion. With the
ceived about $130 million. Sizable latest additions, the total book value of
lending to Europe continued into 1964. the direct investments was nearly $41
Japan also received large term loans billion at the beginning of 1964.
While the heightened rate of parent
in 1963 and in 1964.
company
investment is related priShort-term lending arid holdings of
marily
to
further expansions of procommercial paper reported by U.S.
ductive
facilities
and working capital
banks also expanded much more rapidly
needs
abroad,
perhaps
$100-$200 milin 1963 than in 1962, though the $740
lion
of
the
earnings
retained
abroad in
million outflow was still well below the
1963
were
withheld
until
reduced
U.S.
amounts in 1960-61. Principal borcorporate
profit
tax
rates
became
effecrowers in 1963 were Japan, the Philippines, a few Latin American countries, tive in 1964. Thus, there were unand Canada. Most of this lending usually high dividend distributions
represents commercial credits which, early in 1964.
because they tend to be renewed and Concentration in developed countries
expanded over time, are not much
About three-quarters of the growth of
different in their economic effect from direct foreign investments in 1963 was
loans with longer original maturities.
in developed countries, continuing a
A much faster expansion of these
trend evident for some time, as shown in
credits, amounting to over $950 million,
the profile chart. Investments in
took place in the first half of 1964.
Europe, which had been growing at a
Japan remained the principal borrower,
rate of about $1.1 billion a year in 1961
the flow to Canada increased, and the
and 1962, were increased by $1.5 billion
United Kingdom also received some
in 1963.
short-term funds.
Manufacturing
investments
in
On balance, iionfinancial concerns reEurope rose by over $650 million last
duced their holdings of liquid assets
year, but capital flows were lower than
outside the United States in 1963,
in the previous year in spite of nearly
especially of assets recorded in Canada.
$100 million included for the purchase of
This year there are indications that
stock in a French company, while untransfers of funds into liquid foreign
distributed profits were considerably
assets by such firms may again be a
higher. As noted above, the latter may
significant factor in the balance of payin part represent only temporarily
ments, though the data covering this
delayed dividend payments. Capital
kind of capital movement are probably
flows were down sharply for France
relatively incomplete. Given the rising
(except for the single large transaction),
volume of cash available for liquid in- Germany, and the United Kingdom,
vestment by nonfinancial concerns, but for the United Kingdom this was
changes in relative yields of comparable more than matched by a jump in undomestic and foreign assets may well distributed profits. It now appears
result in substantial shifts of funds that capital requirements for new facilities and acquisitions of interests in
among countries.

Digitized 738-650
for FRASER
°—64
2


9
existing enterprises will continue high,
but less financing from the United
States may be needed. 1
The petroleum industry also invested
in Europe at an accelerated rate in 1963,
especially in Germany and Italy. This
step up was related to the expansion of
European refining capacity of U.S.
companies by about 20 percent in 1963.
While this activity may have slackened
somewhat in 1964, the exploration and
development of reserves in the North
Sea will probably call forth large
additional investments.
In Canada, over $850 million was
added to U.S. direct investments
substantially more than in 1961 and
1962 and moving toward the peak rates
of 1956-60. Faster growth was evident
for both manufacturing and petroleum.
1
A report on sources and uses of funds of foreign affiliates is
being prepared for the October SURVEY of C U R R E N T
BUSINESS.

Table 1.—Factors Affecting the U.S. Private
Investment Position, 1962 and 1963
(Millions of dollars)
Type of investment

1963

U.S. private investment s abroad

Total, beginning of year
Add: Capital outflow '
Reinvested earnings
..
Price changes and other adjustinents__ Total, end of vear
Direct investments
Value, beginning of year
Add: Capital outflow '
Reinvested earnings
Other adjustments -'
Value end of vear
Other long-term private investments abroad
Value, beginning of vear
Add: Capital outflow i
Price changes
Other adjustments 3
Value, end of year
Short-term assets and claims
Value, beginning of year
Add' Capital outflow '
Enlarged coverage of reports
_.
Value, end of vear

Foreign long-term investments in the
United States
Direct investments
Value, beginning of vear
Add' Capital inflow '
Reinvested earnings
Other adjustment^ 4
Value, end of vear
Other long-term investments
Value, beginning of year
Add: Capital inflow >
.. .
Price changes
Other adjustments
Value, end of vear
T

55, 581
3, 434
1, 198
— 188
60 025

34,6 7
1,654
1, 198
— 293
37 22,i

60, 025
4. 301
1,565

r

475
66 366
37, 226
1 , 888
1 , 565
—34
40 645

T

15,506

15, 506
' 1,679
453
— 27
17,611

6, 525
553

7, 293
T
734

215
7,293

83
8,110

7,392
132
214
-125
7,612

7,612
T
—5
236
101
7.944

14, 052
141
— 1 511
— 78
12,604

12, 604
r
304
1,902
40
14, 850

14,389
1,227
— 114

Revised.
1. Included in the balance of payments accounts; revised
series will be in SURVEY OF CURRENT BUSINESS for September
1964.
2. For details see note to table 2.
3. In 1962 includes ^classifications (+$41 million) and
foreign exchange depreciation ($85 million); in 1963 includes
mainly reclassifications.
4. Mainly revaluations of portfolios of foreign controlled
insurance companies.

S U R V E Y OF CURRENT BUSINESS

10

August 11MJ4

Table 2,—-Value of Direct Investments Abroad

l

bv

Table 3.—Direct-Investment Capital Flow and Undistributed Subsidiary
Table 1.—Direct-Investment Earnings and Income, 2

Table 3

Table 2

Xet capita outflows

Undistributef
sidiary earn

subngs

963 P

Line

Area and country

1950

1957

j Min-

ManuMin1962 r
ing P e t r o - fac- Public
and
leum
Other
utiliTotal
turTrade
ing
ties i
smelting
1

AH areas, total

1, 788 25,39} U, 667

2

Canada, total

3, 579

8, 769 11,602 12, 133 13,016

3

Latin American Republics,
total.
Mexico, Central
America and West
Indies, total.

4, 445

7, 434

8, 236

8,424

1,488

2, 234

1,809

4

5

Honduras
Mexico
Panama
Other countries.

8
9

South America, total

10

Argentina
Brazil
Chile
Colombia-Peru
Uruguay
Venezuela
Other countries

11
12
13
14
15
10
17
IS
19

Other Western
sphere

20

Europe, total-

Hemi-

Common Market, total

21

M 22 o

10, 645

3,350 ! 13,698 14, 890

3,305 : 3,351

Total

1, 654

1,888

747

1, 390

314

339

710

881

776

-32

64

191

389

492

9

85

r,
1

21
80
104
195
201

-4
3
25
-23
8

2,051

1, 54!)

3, 133

5, 746

460

H.«T

1, 093

3, 094

2, 103

1,912

2,064

161

284

547

(*)
1 16
19

(*)

(*)

1

,*

106
62
415
58
847

KM)
108
739
201
1.080

95
830
486
269

99
867
537
283

105
907
620
310

2,957

5, 200

6, 426

6,511

6, 593

35f>
644
540
193

333
835
666
396
383

799
1,084
755
455
453
52
2,816
96

1, 128
768
465
448
51
2, 807
98

1. 050

94
(*)

69 I
23

12
24

27
47

274
15

2,810 | 1,556

-3
6
24
21

2
1
22
90
5

1.218

210

533

108

48

82

238

61

156

0

2
-1
13
63
2 <

57

25

147

94

(*)
(*)
-1

(*)
-16
(*)
-14
-14
(*)
—41
(**)

34
(**)
-3
13
17
-1
-2
(**)

-15
4
19
(**)
-1
1
7
1

32
63
11
10
1
1
29
1

—3
57
-2
8
1
-1
32
2

30

77

41

8

40

10

7

356

364

166

292

568

254

271

55

81

141

9
31
8
9
-2

-7
33
42
2
12

-103

(*)
(*)

|

(**)
6

2, 465
65

131

618

954

1. 733

4, 151

7,742

8, 930 10, 351

55

2. 828

5, 610

40

1, 234

585

869

893

637

1,680

3, 104

3, 722

4.471

11

1. 330

2. 515

32

436

147

485

579

1
10
3
2
16

51
158
108
64
56

11
37
48
33
18

27
124
248
35
51

30 " ( * ) " '
163
209
(*)
126
(*)
52

5
3
123
81
42

16
129
78
35
13

103

93

117

211

427

14
3
10
36
3
-2
38
(**)

3
3
11
10
6
6
47
7

(**)
(**)
4
-3
84
2
23
10

-3
3
4
—2
95
3
91
19

8 ""(*)"
6
(*)
4
125
2
(*)
278 ""(*)"
6

8

3

47

6

10
37
6

1
3
39

41

3

2

4

15

21

76

1

5

-2

11

37

10

23

64

3
1
8
15

4

5, 208

5. 880

45

1, 498

3, 095

8

797

438

384

313

95
94
76
141
388
98
3, 554
193

116

1

88

2
25

(**)
i ** )
3
(**)
(**)
(**)
2
1

16
11
21
41
270
9
369
61

237
4
169
13

22
11
9
3fi
119
8
170
9

18

40
136
30
89
939
109

26
2~
82
36
131
11
2, 735
47

2

90
174
553
108
3,824
236

133
123
153
220
(568
112
4,216
256

25
43
93
2
109
17

287

664

1,064

1,271

1,423

81

105

158

104

16
(**)
140

72
24
301

160
177
311

1X4
265
357

195
304
415

(*)
(*)
47

195
304
142

17
85
8

10
37
12

131

267

416

465

510

191

48

45

1,001

2,019

2,477

2,500

2,784

31

1138

1,240

1,200

1,274

1

106

42

Middle East, total

692 ]

43

Far East, total

309

881

1,237

1, 300

1, 510

38
58
19
149

113
169
185
306

190
147
302
410

193
160
373
375

205
167
475
415

45

108

158

199

248

(*)
(*)
(**}
(**)
(*)

701

351

(*;
(*)

(*)
(*)
(*)

67

31

176
(*)
(*)
158

256

698

1,108

1,271

1,463

(*)
(*)
(*)
(*)
1
(*)
31
(*)
(*)

38

200

170

92

205

153

1,207

33

3

10

21

7

62

58

718

387

35

191

149

99

143

2 i
(*+)

104
146
2/6
214

8

1

22
2
53
64

95

5
68
21

j-n-

(*)
(*)
(*)
(*)

41

(*)

(*)

(*)

37

4

50

157

496

728

1

81

88

118

100

1

(*)
(*)
(*)

691
36

106
13
—1

99
1
(**)

1

23
(**)

459
38
89

1,097
85
88

70
1, 277
98 ""(**")""
89

356

1,041

1, 485

1,647

1, 732

(**)

42G

(*)

957
63
87

(**)

1,925

4

(*)

583
48
67

(*)
(*)

18

19
144
110

70

62
(*)
(*)
(*)

6

(*)
(*)
(*)
(*')

(*)

201
25
30

t> Preliminary.
""Combined in ''other industries."
**Less than $500,000.
NOTE.—Detail may not add to totals because of rounding.

9
(*)
(*)
(**)

17
r>

(*)

16

i




(*)
(*)
42
2
5

5
-1

't?
993
31

4, 638

Revised,

-2
(*)
-5
9
(*)

-1

42
51
44
109
69
63
1,974
119

53 ! International

79

(*)
(*)
-1
(*)

2,471

r

173 i

121

19
-12
14
-1
—6
-1
-36
(**)

32
24
31
58
25
16
847
f>3

Australia.
New Zealand
Other countries

268

19

— 22

1, 096

50
51
52

44

49

96
14
13
21
14
2
— 199
-2

I )onmark
Norway
."•i pa in
Sweden
Switzerland-.
Turkey
United Kingdom
Other Countries-..

Oceania, total

107

22

-41

Other Europe, total ...

49

-81

-5

2S4

2<S
29
30
31
32
33
34
35

;

—6

336
38
223
19
27
24
218
17

27

48

45

38
147
15
52
41
6
185
8

225
759
1,116
2HO
154

India..
. . .. _
Indonesia
.. _
Japan- . _ . .. _.
Phillippine Republie
Other countries,-.

66

52S

491

63
261
496
309
201

44
45
46
47

1,555

371

520

10
(*)
(*,)

Asia, total .

1,198

51

(*,)
190
(*)
27
21
(*)
37
19

351
1,235
1, 772
668
445

41

297

101

404
063
27
120
64
20
202
5

286
1,030
1.476
554
376

40

turing

| Mini ing
and
smelt| ing

716

(*)
60
(*)
246
56
(*)
2, 166
45

932

262
860
1,182
491
309

Liberia
Libya..
Republic of South.
A frica . . .
_ _.
Other countries...

Total

186

(*)
30
503
(*)
240
(*)
(*)

192
464
581
252
191

\frica, total

1962

660
1 , 006
735
425
436
49
3, 007
107

69
217
204
63
84

37
38
3V)

Petro- Manuleum
facOther

810

65

(*)
6
(*)
-4
25
35
25 " " " 11 1 "

Belgium and
Luxembourg
France
.._
Germany-.
..
Italy ..."
_..
Netherlands

36

ing
and
smelting

I

23
24
25
26

^2

1963 p

1963 P

1962 '

1961 r

988

(*)
(*)
(*)
745

,

54
-12

74 1

27

(*)

24
(*)
(*)
(*)
33

37

(**)

60

^
-9
14
14

(*)
(*)
(**)
(*)
(**)
(*)
(*)
(**)
3
-3
(*)

28 " ( * ) " "
3'5
63
(*)
5
(*)
9

46

(..,
43

1
33
16

(*)

11
(*)
(*)

6

1
(*)

10

31

8

8

59

15

43

83

5

61
-2

38
3
(**)

33
8
o

71
11
1

5

—6

115

82

(*)

1. The value of direct investments abroad in 1963 w*as adjusted by $34 million owing to
valuation adjustments on companies' books, profit and losses on liquidations, or transfers
to other investment categories. The changes in values from year to year for some countries
and industries are affected not only by the capital flows shown in table 3, but also by the
flows between primary and secondary foreign affiliates shown in table.

SURVEY OF (TRRKXT BUSINESS

August 19C4

Selected Countries and Years, W i t h Major Industries for

Earnings, by Selected Countries, With Major Industries for 1963

by Selected Countries. With Major Industries for 1963
[Millions of dollars]
: Table 3— Continued

Table 4

1
1 Undistributed subsidi| iary earnings—Con.

1903"

1903 *
1902

Petro- Manuleum factur- Other !
ing

182

852

465

69

338

13

81

1

23

<**)
(*)
-3
3

<*)

Total

4, 235

4, 572

76

825

930

74

1,010

964

56

213

178

7
03
109
33

_3
7
01
85
28

1

(*)
(*)

-1

17
5

(**)

Income

Earnings

(**)

55
2

Mining
and Petro- Manusmelt- leum factur- Other
ing
ing

359

106

98

103

20

(*)
(*)
11
(**)

-2
(*)
-2
3
(*)

(*)
(*)
40
5
2

2

-4
8
49
23
27

(*)
(*)
11

104
15
53
2
10
7
-1
17
1

/
13
77
19

(**)

7
44
19
28

394

19

78

6

4

992

360

7

69

155

844

(**)

02
2

130

33

51
2

11
12
13
14
15
10
17
18

2
(*)'
15
5
(*)
422
—9

19

184

10

37
(i
10
5
14

(*)
(*)
48
(*)
40
(*)
(*)
(.**)

18

120

69

20
0
1
5
5

57
13
00
25
05
(**)
480
—7

52

301

45

(*)

698

44
24
04
12
51
1
477
—9

72

5
0
7
8
9

2

78

(**)

_9
8

463

(**)

(**)
(*)'

37
14
11
0
13

510
—5

(*)
(*)
22

10
23
19

1

663

2
505
-10

86

9

(*)

<
122

11
1

-11

4

49

477

161

56

3

(*)
-2
(*)
18
10
(*)
431
—8

169

25

20

127

12

3

2

801

(*.)
(*)
49
(*)
40
(*)
(*)
(**)

18

2

124

441

761

52
05
02
33

-24

103

70

476

184

786

70
—1

206

142

153

73
82
72
21

52

80
466

544

797

-4

53
141

150

2
14

(**)

1

480

19

1
-1
11
1

451

94

58

2
3
<*)
10
(**)

660

147

3, 059

(**)

6
1

(**)

67

605

317

526

507

73

296

131

20

(*)

47

268

79

247

232

(*)

56

134

42

21

5
13
25
-2
0
20

37
3S
100
22
11
337

5
17
30
11
15
242

35
22
137
29
23
279

15
27
140
24
25
275

5

(*)
(*)
(*)

(*)
(*)
(*)

7
29
5
11
17

14
93
14
0
163

18
4
8
96

22
23
24
25
20
27

—3
6
(**)
—2 !

2
2
0
&
17

3
3

5
4

P^

7

7
13
27
-3
211
15

2
1
-1
(**)
(**)
-1
11
5

2
1
1
1
5

301
4

15
138
1
02
12

3
5
14
30
(**)
199
18

2
2
5
12
25
1
38
11

29
30
31
32
33
34
35

43

31

34

123

20

(*)
(*)
41

13
85
28

14
3
33

83
15
40

(*)
(*)
10

|

(**)
5
-5
—7
—4
98
_3
6
(*•")
—2
—2
2
94
3
5
(*)
(*)
(*)

29
20
59
5
(i
181

08
215 !
31
33
598

1
1
2
3
115

2
5
12
12
121
997
35

3
11
12
18
153
1
370
24

8

81

170

31

1
15

15
0
71

13
85
80

(*)
(*)
17

-12

-13

13

-35

2

0

-10

-10

8

-31

30

1,040

1,120

2

1,001

52

66

1,017

956

1

893

2

852

935

926

2

6

854

832

825

28

27

188

186

75

49

59

163

124

68

3
4
13
5

2
—3
20
11

IS
73
33
40

14
00
53
38

(*)

8

4
19
12

0
50
34
20

17
81
25
23

7
58
20
20

(*)

(*)

(*)

(**)
1
4

3
12
(**)
159
2

8
<*)
(*)
(*)
(*)
(*)
8
(*)
(*)
(*)
7

(**)

25

22
(**)

1

-3
9

d« :

59
197
30
34
484

(*)
(*)
21

17

41 :
11
9
7
7
149

27

(**)

—1

(*)
(*)
(*)

(**)
12
8

(*)
(*)

2

(*)
(*)
(*)
(*)

(*)

2

6

24

21

64

5

128

145

8

57
7

9
4
1

112
14
2

127

8

75

138

90

17
1

65
(*)
(*)
(*)

(*)
4
(*)
(*)

(*)

10

(**)

(*)
(*)
(*)
(*)
(*)

1

(*)

5

15

10

13

18

75

57

3

105
9
1

14
8

09
5
(**)

51
6
(**)

3

32

19

80

"2. Income is the sum of dividends, interest and branch profits; earnings is the sum of the
United States share in the net earnings of subsidiaries and branch profits.
3. Data for other countries include Cuba for 1950 ($642 million), and 1957 ($849 million).




(*)
(*)
(*)
(*)

115

(**)

59
(*)
(*)
(*)

(**)
150
2
20

24

36

(*)
(*)
19

83

37

15
12

38
39

1

0

40

22

40

41

2

4

42

18

36

43

3
7
0

3
58
20
14

44
45
40
47

(**)

(*)
-4
(*)
(*)
(*)

3

10

48

47

12

49

44
2

4
4

50
51
52

(**)
9

10

indicative of the overall rise in industrial activity. U.S. mining investments
in Canada were relatively low in 1963,
but may be larger this year as a result
of the discovery of new ore bodies.
Australia and Japan also received a
larger amount of U.S. investment in
1963; in Australia manufacturing investments were larger, and in Japan
the increased investment was mainly
for expanded petroleum refining capacity.
Moderate gains in less-developed
countries

1, 654

293

3, 050

-5
47

—1
(**)

Mining
and Petro- Manusmelt- leum I f a c t u r - Other
ing
j ing

856

(*)-4

(**)

Total

1, 52!)

11
(*)

1902

1, 828

t

Line

19(53 "

11

53

Although the rate of investment
by U.S. companies in the less-developed
countries remained comparatively low
in 1963, some gains were made. In
the Latin American Republics the
amount added to investments was $235
million, slightly less than in 1962, including capital flows of $64 million and
reinvested earnings of $173 million.
Manufacturing investments declined to
about $200 million, a sharp drop in
Argentina offsetting moderate gains
elsewhere in the area. Capital flows
for manufacturing in Brazil remained
small but there were sizable undistributed profits, presumably reflecting,
at least in part, the inability of firms
to make remittances rather than decisions to expand. Capital flows from
petroleum companies continued, on
balance, to move toward the United
States, although at a somewhat slower
rate than in 1962.
Substantially higher investments are
showing up in the Caribbean and formerly dependent territories designated
as "Other Western Hemisphere." Over
$165 million was invested in this area
in 1963, including not only sizable
amounts in mining and petroleum but
also about $60 million for manufacturing.
African investments by U.S. companies were considerably lower in 1963.
Petroleum outlays in North Africa
have passed their peak rate, manufacturing in the new nations is still
minimal, but mining investment has
shown some increase. In Asia, on the
other hand, petroleum companies raised
their investments in Middle East oil
resources, and manufacturing firms
made small increases in their investments.

SURVEY OF CTRRKXT BUSINESS

12
Manufacturing and petroleum
investments spurt

Most of the direct foreign investment
activity is in the manufacturing and
petroleum industries, and both grew at
an accelerated rate in 1963. About
$1.6 billion was added to the value of
manufacturing affiliates abroad, with
capital flows rising only slightly from
the 1962 level to a total of about $700
million while reinvested earnings rose
sharply to a peak of $850 million.
Table 5.—New Foreign Issues Placed in the
United States, I960—June 1964

"5 °

o

2

1=
3-

M

Privately 1
offered |

"03
"o

Privately
offered

Areas

u.s

Publicly
offered

Gros s amo
sold

§
^

[Millions of dollars; before deducting discounts and
commissions]

1
1964 (January-June) p
Total
Canada
Europe
Australia, Republic of
South Africa, New Zealand and J apan
Other countries 1
International Bank

432
273

146

286
273

400
265
9

15

15

i 139

126
5

13

315
106
69

142

173
106
49

276
106
53

66
74

48
74

18

60
57

5

123 277
265
9

121 i 109
5
5

12

1963 (July-December)
Total
Canada
Europe
Australia, Republic of
South Africa, New Zealand, and Japan
Other countries

20

104 172
106
48
42
57

18

1963 (January-June)
1, 169
Total
669
Canada
2285
Europe - Australia, Republic of
South Africa, New Zealand, and Japan
163
52
Other countries __

294 875 1,038
25 644 637
108 2 177 2 2 2 2
125
36

38
16

130
49

195 843
22 615
45 2 177
93
35

37
14

1962
1, 268 582
Total
476 (*)
Canada
273 214
E urope
Australia, Republic of
South Africa, New Zea230 200
land and Japan
3
183
62
Other countries 3
106 106
International Bank

686 1,088 423 665
476 458 (*) 458
59 198 140 58
30
3121

168
a 180
84

1961

Total
Canada
Europe
Australia, Republic of
South Africa, New Zealand, and Japan
Other countries
__.
International Bank
1960
Total
Canada
__
E urope
Australia, Republic of
South Africa, New Zealand, and Japan. -_ Other countries
International Bank

138
61
84

30
3119

213 320
40 199
17 39

612
261
82

277
50
43

335
211
39

533
239
5(

136
121
12

89
83
12

47
38

lot

656
257
50

440
179
35

216
78
15

557
221
24

344 213
144 77
11 13

65
175
109

50
67
109

15
108

42
173
97

27 15
65 108
97

120
12

61
83
12

45
37

» Preliminary.
*Less than $500,000.
1. Includes $50 million offering of Inter-American Development Bank bonds,
2. Includes $115 million of bonds of Shell Funding Corp.
3. Includes $75 million offering of Inter-American Development Bank bonds.
NOTE.—The amounts shown for U.S . purchases exceed the
figures used in the balance of payments because the latter
exclude discounts and commissions. The International Bank for
Reconstruction and Development issues are reduced by the

amount of delayed deliveries included in subsequent years.



Most of the additional investment went
into Canada and Europe ($1.1 billion)
and other developed countries. In the
less developed countries there were
gains in "Other Western Hemisphere77
and small increases in a few Asian and
some Latin American countries, but for
the Latin American Republics as a
whole manufacturing investments were
lower than in 1962.
As noted above, there was a sharp
rise in the proportion of manufacturing
earnings retained abroad, which rose
to over 55 percent in 1963, compared to
40 percent in 1962 and an average of 50
percent in the 1958-61 period.
Within the overall manufacturing
category, the largest investments made
in 1963 were by producers of transportation equipment (largely automobiles)
and chemicals. As shown in table 6,
there has been a nearly four-fold increase in U.S. manufacturing investments abroad since 1950, and the rate
of expansion by the automobile and
chemical companies lias been even
higher. Other industry groups within
manufacturing with notable gains
abroad were machinery (nonelectrical)
and primary and fabricated metals.
Petroleum investments abroad were
increased by $1.0 billion in 1963 ($0.7
billion in 1962). There was heightened
activity in Europe, mainly in refining
but also in other branches of the
industry, in Middle East producing
properties, in Far Eastern refinery and
other operations, and in Canada.
It is estimated that U.S. companies
increased their production of crude oil
abroad by nearly 12 percent in 1963
and their foreign refining capacity by
about 10 percent.
Earnings and Income
Earnings on U.S. direct foreign
investments moved up about 8 percent
to $4.6 billion in 1963, keeping fairly
close to the increase in book values.
The overall ratio of earnings to book
values remained at about 11 percent,
where it has been with little variation
since 1958. About two-thirds of the
rise in earnings was accounted for by
the manufacturing affiliates, primarily
in Europe and Canada but smaller
gains showed up in all other areas as
well. With the upsurge of demand in
most European countries earnings generally improved, in contrast to rather

Aim-list 1 < M » 4

widespread declines in 1902. Higher
earnings in Canada resulted from a
similar development.
Petroleum investments showed moderately higher earnings in 1963, though
the total of $1.8 billion was not much
above the previous peak in 1957.
About half of the gain in 1963 reflected
the beginning of substantial production
in North Africa, reversing earlier losses
related to the exploration and developDSRECT JNVESTMENTS
Earnings Grew Less Rapidly Than Book
Values in 1963
Manufacturing Earnings Recovered From
1962 Slump
Earnings in Petroleum Continued Gradual Increase
Billion $
60

,_

Billion $

(ratio scale)

12

ALL INDUSTRIES

40
30

Book Value
f

left scale)

20

10

.6

1950 52

54

56

58

60

62

-1/tnd of Yeor
U.S. Department cf Commerce, Office of Business Economics

64

SURVEY OF CURRENT BUSINESS

August 1004

inent process. Petroleum earnings were
also somewhat higher in Asia and in
Canada.
Earnings of other industries did not
change materially in 1963; the only
sizable gain was connected with the
expanded activity of affiliates in wholesale and retail distribution. There was
some reduction in earnings of agricultural and mining properties.
Income remittances unchanged

While earnings rose in 1963, there was
no increase in the $3.1 billion that came
to the United States as dividends,
interest and branch profits. For instance, while earnings in manufacturing
operations rose by $225 million, income
paid to the United States actually
dropped by nearly $90 million, leading
to an increase of nearly $340 million
in earnings retained abroad. Income
remittances of this industry were lower
in every area.
The decline in income receipts from
manufacturing affiliates was about
matched by higher receipts from petroTable 6.—Direct Investments in Manufacturing Enterprises Abroad, Selected Years,
1950-63, by Commodity*
[Millions of dollars; yearend book values]
1950

Manufacturing, total
Food productsPaper and allied
products
Chemicals and allied
products
Rubber products _ _ Primary and fabricated metals- _ _ _ .
Machinery (except
electrical)-- _ . . _
Electrical machinery _
Transportation
equipment
Other products

1961 i

1957

1962 !

1963 i

3, 831 8,009 11,997 13,250

14,890

483

723

1,018

1, 105

1,242

378

722

923

967

1, 053

512 1,378
401
182

2, 059

2, 260

2, 580

385

941

1, 373

1, 495

1, 659

420
387

927
731

1, 463
1, 004

1, 626
1, 106

1, 805
1,198

485 1, 204
599
983

2, 240
1, 386

2, 5(50
1, 548

2,941
1,789

531

583

623

*Data for a limited number of areas are available on request.
XOTE.—Detail may not add to totals because of rounding.
1. 1961, 1962 and 1963 data exclude Cuba. These investments were estimated at yearend 1960 at $111 million.

Table 7.—Net Capital Flows Between Primary and Secondary Foreign Affiliates,
1961-6:5
[Millions of dollars; net inflows ( — ) ]
I
!
1961 | 1962 | 1963

Canada __
Latin America
Panama
Argentina
Mexico

i
4 |.
2 i

_.

Europe
.
Franee
Germany
Italy
Switzerland
United Kingdom
Other Europe
Other countries




10 !

—6 i
-4 I
i
(
-15 f
-8 i

-25 ;

60 ,
—6 '
-6 !

—&

16
13
— 11
11

!

-4
-1
14
—14
-5

-22
-14
-4
-21
48
-9
-22

24
-5
-20
-9
105
-4
-43

%

-19

leum operations in most areas. Much
of the petroleum investment in producing properties is organized as branches
for tax reasons, and branch profits are
counted as "received" when earned—
for tax purposes and in the balance of
payments accounts—without regard to
whether an actual remittance occurs.
Consequently, income receipts (as
shown in table 4) tend to be dominated
by the branch profits in petroleum.
Other industries taken together account for substantial earnings and
income receipts, $1.2 billion and $0.7
billion, respectively, in 1963, about the
same as in 1962.
Royalties and fees received from
foreign affiliates exceeded $600 million
in 1963, and continued to grow more
rapidly than returns in the form of
dividends and profits. For manufacturing in particular, receipts of royalties
and fees of nearly $350 million in 1963
(table 8) were over half as large as
dividends received from foreign affiliates.
Foreign Investments in
the U.S.
During 1963 foreign long-term investments in the United States rose by
the very large amount of $2.6 billion.
As shown in table 1, however, about $2
billion of this represented the gain in
market value of U.S. corporate stocks
held abroad, including securities in the
portfolio of U.S. branches of foreign
insurance companies. The year before,
there had been sharp declines in values,
following the market break in May 1962.
Foreign net purchases of U.S. equity
securities have followed the course of
the U.S. market quite closely: Net
liquidations showed up quickly after
May 1962, and net purchases again
became evident in the last quarter of
the year and throughout 1963. Net
purchases in 1963 were about $200
million, which was below the peaks ol
over $300 million registered in 1959 and
1961, but above the $150 million annual
average since 1951. In spite of the
continued relatively strong performance of the U.S. stock market, however, there were net foreign sales of
U.S. stocks amounting to nearly $100
million in the first half of 1964. Most
of the selling was for British account.
By the end of 1963 the aggregate
market value of the U.S. corporate

13
stocks held abroad was estimated at
$12.5 billion, with the largest amounts
recorded for Switzerland (nearly $4
billion), the United Kingdom (over
$2% billion), and Canada ($1% billion).
The actual owners, of course, are not
necessarily in the countries of record.
Foreign direct investments

The value of foreign direct investments at the end of 1963 was a little
less than $8 billion, an increase of $330
million over the previous year. This
rise consisted of $235 million in undistributed profits of U.S. subsidiaries, a
$100 million increase in the market
value of securities held by insurance
companies, and a small reduction from
net capital outflows.
PROFILE OF U.S. DIRECT INVESTMENTS
ABROAD
Growth Has Been Concentrated in DEVELOPED
COUNTRIES, With Major Gains in
Manufacturing and Petroleum
Billion $
Year-end Book Values -

15

"10

]950

60 1 2 3

1950

60 1 2 3

n

1950

60 1 2 3

Investments in LESS DEVELOPED Countries
Show Minor Increases Since 1960
10

r

oLfL
1950

6C 1 2 3

MANUFACTURING

1950

60 1 2 3

PETROLEUM

1950

60 1 2 3

OTHER
INDUSTRIES

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

S U K V K Y OF ( T R R K X T BUSINESS

14
In 1963 there was a net outflow of
capital of $5 million from foreign-owned
companies in the United States to their
parents and affiliates abroad, as compared to a net inflow of $132 million in
Table 8.—Direct Investment Receipts of
Royalties and Fees,1 by Areas and Major
Industries, 1961-63
[Millions of dollars]

1961

Area and industry

1963 P

1962

All Areas, total
Petroleum
M anufacturing
Trade
Other industries. .

448
95
240
47
67

548
97
303
56
92

622
108
346
65
103

C inada, total
Petroleum _ - _ _ _
M anufacturing
Trade
Other industries. - _

102
14
66
9
14

114
15
77
7
15

119
14
83
6
16

Latin America, total . .
Petroleum
M anufacturing
Trade
Other industries. -

103
24
43
13
24

123
27
49
16
31

121
27
46
17
31

Europe, total
Petroleum
M anufacturing
Trade
..
Other industries

161
21
106
19
16

210
19
139
27
25

259
18
176
32
32

82
37
25
6
14

101
36
38
6
21

124
48
42
9
24

Other areas, total Petroleum
A'l anufacturing
Trade
Other industries.

p Preliminary.
\OTK.— Detail may not add to totals because of roundings.
1. Excludes foreign film rentals.

Table 9.—Foreign Direct Investments in the
United States—Capital Flow by Type,
Area and Industry, 1962-63
[Millions of dollars: outflow (-)]
19 62

196 3
f>J!K

^

Area and industry

ic

•£ "c •^ > i P O
•~ fe
• * £ * ^o
5 oc
^c o ^ o
'Jr. c ci
o^

^ £" C

All areas, total

rt

o^
^, >• o

^

c
• .S
~ "S
^

132

38

-5

— 79

151

-77

43

7

44

28

3'>

— 17

United Kingdom- .

19

2

44

12

36

-5

Other Europe
Belgium
France
Geriunnv
Italy

43
5
7
31

27
3
14
2
4

-61
—2

yrj
9

62

-48

K

-5
— 10
—6

1
1

-19
1
-7
3

1
(*)
3

— 35
(*)
-32
3

-50
(*)

C

1

-24

-17

24

-10

—31

—3

3

3

Canada

Netherlands
Sweden _ _ _ _
Switzerland
Other ._
Latin America
Japan
Other areas
All industries, total _ _
Petroleum
Manufacturing......
Trade
Insurance
Other finance
Other .

99

132

38

_99

41
83
36
11
-17

27
4
6
1

—9
19

—5
-44
42
-51
37
45

3

-79
—60
-8
-39
9
1~

-1

15
20 2-47
~7
21

151
20
63
3

— 77
—5

-14
-14
-'—39

30
35

-1
5

* Less than *500,900.
1. "New investments" represents initial investments in
U.S. companies or increase in equity capital of existing
foreign-owned U.S. companies.
2. Primarily represents sale of a controlling interest in a
U.S. company in exchange for a minority interest in the
U.S. nurcha'-er.
NOTK,— Detail may not add to totals because of rounding.



1962.
This development did not reflect a reduction of new investment
activity in the form of initial investments in U.S. companies or additions
to equity capital in existing' companies.
New investments in 1963 amounted to
$150 million, considerably more than
the $38 million for 1962 (table 9).
About $90 million of this total was
initial investments in U.S. companies
and $60 million represented additional
equity capital in existing companies.
The net outflow for 1963 was largely
the result of activity in open accounts
between U.S. companies and their parent organizations and affiliates abroad,
which went from an inflow of $120
million in 1962 to an outflow of $80
million in 1963. These open account
transactions fluctuate widely, especially
for trading companies. About half of
the outflow on intercompany account
in 1963, or about $40 million, was accounted for by trading companies, and
this was in large measure a repayment
of $80 million of inflows by these companies in the previous year. The remainder of the 1963 capital outflow was
accounted for by $77 million of liquidations of foreign investments, more
than half of which resulted from the
purchase of a Swiss-owned insurance
company by a U.S. company through
the exchange of stock.
Earnings of the foreign-controlled
companies rose 18 percent in 1963 to
$511 million. Of this amount companies engaged in petroleum and manufacturing accounted for $150 million
and $200 million, respectively. Each
showed considerable gain from the previous year, petroleum earnings rising
about one-fifth and manufacturing onethird. The manufacturing companies
raised their dividends in 1963, b}^ an
amount about equal to their increase in
earnings, but for some time most of
the petroleum earnings have remained
undistributed as dividends.
Short-term investments

A further increase of $2.6 billion
occurred in 1963 in foreign holdings of
short-term assets in the United States
and various types of U.S. Government
obligations. Of this amount, about
$2.2 billion represented liquid assets—
largely deposits in U.S. banks, commercial paper held with banks, and

August 1<W4

marketable U.S. Government obligations, but including for 1963 an increase
of $702 million in foreign holdings of
nonmarketable U.S. Government obligations convertible into marketable
obligations on short notice. It is this
$2.2 billion, together with the change
in our gold stock and monetary assets—
a decrease of $400 million in 1963—
that corresponds to a net decline in
U.S. monetary liquidity of $2.6 billion
(Continued on page 24)
Table 10.—Foreign Direct Investments in
the United States—Earnings, Income
Paid Out, and Undistributed Profits, by
Area and by Industry, 1962-63
[Millions of dollars]
1962

Area and industry

*c3
bfi
C

0

d
y

80
~

1963

'c3

£ C3

is 3^ £f CD
•3'S ° § o d
fi § a
~

£

K

It
'I'll

111,
P

Total-

432

258

214

511

298

236

By Area
Canada
United Kingdom
Other Europe _
Other areas

147
105
172
10

105
65
75
13

56
44
114
1

177
143
182
g

128
68
86
16

66
77
97
—4

By Industry
Petroleum
M anufacturing
Trade
Insurance
Other finance
Other industries

126
146
19
65
75
(*)

14
76
8
65
82
13

116
88
15

154
197
10
51
92
6

17
122
6
51
86
16

138

—2
—3

7
5
(*)

* Less than $500,000.
NOTE.—Detail may not add to totals because of rounding.
Table 11.—Value of Foreign Direct Investments in the United States by Area and
Industry, 1950, 1960-63
[Millions of dollars]
|

1950 ! I960

Area and industry

1961

1962 * 1963 P

.-.. 3, 391 6,910 7,392 7,612

7,944

Canada

1,020 1, 934 1, 989 2, 064

2,183

United Kingdom

1 168 9 94S 9 484 9 474

2, 665

Other Ku.ro pe
Belgium
France
Germany
Italv

1 059 '9 .inQ 2, 644 2,771
151
158
157
(r>
168
175
183
0)
152
10?>
120
(0
89
100
71
0)

2, 826
161
182
149
102

Total
By Area

334

Netherlands
Sweden
Sw i 1 7 er 1 an d
Other countries

C)

348

166
773
74

1.023 1,082
176
179
836
S30
so
83

1, 134
185
825
89

Japan

(2)

sx

92

112

104

Other areas

134

181

182

190

165

By Industry
Petroleum
Manufacturing..
Transportation
Trade
Finance and insurance
Other industries
r

_

405 1, 238
1,419 1, 513
1, 138 2,611 2. 754 2, 885 3,018
408 " 405 404
406
( 33 )
634
706
750
( )
1, 065 1,810 2. 025 1,943 * 2, 045
784
209
231
257
212

Revised.
P Preliminary.
1. Included in other countries.
2. Included in other areas.
3. Included in other industries.
4. Includes approximately $100 million due to upward revaluation of securities held by insurance companies.
XOTK.— Detail may not add to totals because of rounding.

SUKVKY OF C U R R E N T BUSINESS

15

Personal Income by States and Regions in1963
Analysis of Employment Changes by County
The Regional Economics Division of the Office of Business Economics has
completed a statistical analysis of certain factors underlying the employment
growth of 3,102 local areas (mostly counties) in the United States for the
period 1940 to I960. These analytical materials will be published within a
few months. Meanwhile, because of the large number of requests which are
being made for them, OBK is making the machine 1 output available1 on a
limited basis for immediate inspection. Tho tabulations may bo examined
in the Regional Economics Division of the Office of Business Economics,
U.S. Department of Commerce, Washington, D.C.

Comparable figures for earlier years nonfarm proprietors' income is not proJL HIS annual report presents OBE's back to 1929 may be found in "Personal vided in view of its questionable validdetailed estimates of personal income Income by States Since 1929," a 1956 ity for separate analytical use, particin the various States and regions in supplement to the SURVEY, which is ularly with regard to year-to-year
1963.
Preliminary figures, together available in libraries and which may changes. Comparable data, for 1929
with a brief review of major develop- still be purchased from the Superthrough 1953 are contained in the
ments last year, were published in the intendent of Documents, U.S. GovernPersonal
Income supplement noted
April issue of the SURVEY. That issue ment Printing Office, Washington, D.C.,,
above.
Figures
for 1954-56 may be
also carried a comprehensive review of 20402, or from the nearest Department
found
in
the
August
1959 issue of the
geographic income changes since World of Commerce field office.
SURVEY; for 1957, in the August 1960
War II. The 1963 estimates in that
SURVEY; for 195S, in the August 1961
report were based on preliminary and Disposable personal income
incomplete source data and were preSURVEY; for 1959, in the August 1962
Table 3 contains estimates of total SURVEY; and for I960, in the August
sented in summary form with only total
and per capita income shown for each and per capita disposable income for 1963 issue.
selected years from 1929 through 1963.
State.
The 1963 income data in the follow- Such estimates for all years have not Income by industrial origin
ing pages are revisions of the earlier ag- been made mainly because of data
gregates, but more importantly, they limitations. In this connection, how- Frequent requests are received for
include detailed breakdowns of the ever, it may be noted that the regional breakdowns of State personal income
totals by industrial source and type of distributions of disposable income and by industrial source. Available statispayment. Figures for 1961 and 1962 personal income in any given year are tical data do not permit a complete
have also been revised, although the quite similar, and that long-run geo- allocation of total income to the inrevisions are minor. They reflect the graphic shifts in the two measures are dustry of origin in each State. Howconsiderable amount of additional data much the same.
ever, in addition to the considerable
'Fables 4-62a present a breakdown of detail in tables 4-62a, some additional
which have become available since the
estimates were first prepared, as well as personal income in each State and classifications of personal income by
adjustment to the revised national region by major source for the period industrial origin have been prepared.
1961-63. This detail includes wage
totals published in last month's
Thus, table 63 shows the amount of
and salary disbursements classified into
SURVEY.
personal
income received in each State
about 25 separate industries, proprieTable 1 shows total personal income tors7 income subdivided into farm and directly from farming, government
by States from 1954 through 1963. nonfarm components, and totals for (separately for Federal and State and
'Fable 2 presents annual estimates of each of the other main types of personal local), and private nonfarm pursuits.
per capita income from 1950 forward. income. An industrial breakdown of Separate focus on these three sectors




SURVEY OF CURRENT BUSINESS

16
has been found essential for analysis of
both the composition and movement of
total personal income by States and
regions.
Table 70 provides an industrial distribution for each State of a large seg-

merit of total personal income. This
consists of the combined total of wage
and salary disbursements, other labor
income, and proprietors7 income. These
three flows together account for about
four-fifths of the Nation's personal in-

come and present a broad view of the
industrial composition of each State's
economy. Also, they represent the
most comprehensive measure of current
dollar production that has been constructed on a geographic basis.

Table 1.—Total Personal Income, by States and Regions, 1954-63
Table 2.—Per Capita Personal Income, by States and Regions, 1950-63
Table 1 (millions of dollars)

State andregion
1954

United States.. . _.

1955

1956

1957

1958

1959

19601

Table 2 (dollars)
19611

19621

1963 ! 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960i 19611 19621 1963l

285,339 306,598 330, 380 348, 724 357, 498 381,326 399,028 415,182 439,977 461,610 1,491 1,649 1,727 1,788 1,770 1,866 1,975 2,048 2,064 2,163 2,217 2,268 2,368 2,449

New England.

18,857 20, 200 21,642 22, 793 23, 339 24,701 25,904 27, 002 28, 526 29, 780 1,629 1,823 1,908 1,958 1,938 2,076 2,214 2,298 2,302 2,380 2,465 2,565 2,671 2,766
1,971 1,193 1,300 1,427 1,431 1,431 1, 575 1,644 1,686 1,748 1,792 1,871 1,866 1,961 2,007
1,450 1,316 1,470 1.527 1,570 1,614 1,712 1,774 1, 859 1,878 1,995 2,075 2,161 2,241 2, 313
827 1,188 1,328 1,396 1,434 1, 448 1, 528 1,612 1,666 1,708 1,806 1,892 1,948 2, 052 2,121

Maine
New Hampshire ...
Vermont

1,312
894
543

Massachusetts. .
Rhode Island
Connecticut

9,403 10, 056 10, 719 11,346 11, 668 12,381 12, 952 13, 579 14, 269 14, 889 1, 663 1, 845 1,916 1,957 1,936 2,085 2,228 2,329 2,349 2,436 2,518 2.648 2, 7*0 2,853
1,515 1,617 1,677 1,694 1,738 1, 832 1,875 1,941 2,082 2, 153 1,652 1, 815 1,846 1,898 1,854 1,960 1,989 1,984 2,021 2, 145 2,193 2, 2«2 2,371 2, 433
5,190 5,556 6,102 6,464 6,533 6,873 7,257 7,572 8,069 8,490 1,900 2,200 2,322 2,400 2,351 2,489 2,716 2,813 2,720 2,755 2,858 2, 9^8 3, 074 3,185

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
1,314
754

1,918
1,394
794

73, 231 78,014 84, 058 88,586 90, 029 96, 100 9 9, 666 103,329 108,889 113,617 1,759 1,914 1,994 2,076 2,051 2,153 2, 302 2,406 2,407 2,524 2,583 2, G40 2,741 2,829

Mideast
New York
New Jersey
Pennsylvania

34, 189 36, BOS 39,023 41, 190 42,061 45, 197 46, 837 48, 633 51,243 53, 361 1,882 2,002 2,079 2,147 2, 161 2,270 2,420 2,542 2,564 2,720 2,778 2,829 2,929 3,013
11,622 12, 351 13, 379 14 205 14,404 15,499 16, 193 17, 060 18, 073 18, 861 1,790 2,000 2,114 2, 216 2,214 2, 304 2,429 2,535 2, 495 2,601 2.663 2,751 2, 843 2, 915
19, 572 20, 706 22,410 23, 525 23, 582 24, 757 25,539 25, 954 27,015 28,017 1,566 1,734 1, 795 1,902 1,813 1,915 2,065 2,149 2, 133 2, 204 2,256 2,283 2,373 2, 452

-

Delaware
Maryland
District of Columbia

906
5.084
1,858

1,049 1,204
5,453 5, 998
1,947 2,044

1,215 1, 222
6,381 6,641
2,070 2,119

1,299
7,133
2,215

1,348
7,453
2,296

1,384
7,942
2,356

1, 466
8,555
2,537

1,570 2,146 2,285 2,395 2,510 2,475 2. 718 2,980 2,893 2, 855 2,959 3,002 3,022 3,139 3,298
9,163 1, 580 1,767 1,884 1,967 1,924 1, 952 2, 103 2,220 2,233 2, 338 2.398 ? 524 2, 646 2, 786
2, 645 2.179 2,344 2,411 2,276 2,244 2,434 2,644 2,668 2,759 2,888 2,993 3,017 3, 215 3, 315

64, 894 70, 208 75, 341 78, 469 77, 939 83,188 86,232 88, 009 92, 706 97, 073 1,660 1,872 1,945 2,053 1,969 2,094 2, 207 2,260 2,200 2,319 2,375 2,400 2,516 2,608

Great Lakes
Michigan
Ohio
Indiana

1,452
952
567

. __ _

14, 127 15, 785 16,587 16,923 16, 540 17, 467 18, 173 18,114 19, 264 20, 624 1.682 1. 865 1,946 2,134 2,007 2.178 2,220 2.245 2> 163 2. 253 2, 317 2,266 2,399 2, 541
17,241 18, 589 19,901 20,906 20. 494 21,977 22, 722 23, 086 24,215 25. 164 1,612 1, 867 1,954 2,018 1,924 2.061 2. 1^3 2,253 2,159 2, 286 2.331 2, 331 2,412 2,474
7,623 8,251 8,859 9,212 9,123 9,741 10!211 10, 460 11,041 11, 648 1,520 1,695 1,756 1, 913 1,787 1,892 1,985 2,029 1,985 2,110 2,188 2.227 2,368 2,481

.. _

19, 751 20, 968 22, 857 23,941 24, 100 25, 693 26,564 27, 478 28, 895 30, 020 1,826 2, 035 2,095 2,197 2,174 2,272 2,440 2,505 2,451 2,576 2, 63^ 9 724 2 861 2,948
6.152 6,615 7,137 7,487 7,682 8,310 8, 562 8,871 9,291 9,617 1,467 1,697 1,760 1,784 1,709 1,804 1, 908 1,969 1,989 2,123 2,157 9 2^2 2, 312 2,368

.... .

Illinois
Wisconsin _.

24, 084 24, 683 26, 200 28, 099 29,551 30,481 32, 086 33; 168 35, 262 36, 534 1,411 1,530 1,607 1,614 1,656 1,664 1,743 1,856 1,954 1,995 2,081 2, 135 2,265 2, 332

Plains
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 6,706 7,094
5,245 5,412 5,580
8,666 9,260 9,524

North Dakota
. .__ .
South Dakota
Nebraska
Kansas.
._ __ . -.. -

783
910
2 959
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

Southeast

_. _..

986
1,027
2,788
4,302

1,107
1, 266
3,025
4,490

7, 439 7, 712 8,152 1,397 1,533 1,589 1,648 1,648 1,710 1,769 1, 863 1,945 1,985 2,074 2, 154 2 228 2, 329
5,810 6,075 6,399 1,449 1, 554 1, 625 l s 559 1,706 1, 587 1,682 1,864 1, 921 1,972 2,022 2,088 2^190 2,302
9,865 10, 385 10, 900 1,446 1,562 1,661 1,715 1,705 1,795 1,904 1, 951 2,044 2,161 2,204 2,277 2, 406 2,518
995
1,275
3, 096
4,695

1,400
1. 460
3,319
4,911

1,300
1,390
3,376
5, 017

1,268
1, 216
1,472
1,380

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 1,749 1,550 2,212 2,050
1,513 1,845 1,824 2, 025 1,886
1,989 2,129 2,161 2, 295 2,312
1,990 2,060 2, 139 2,217 2^255

43, 148 47, 154 50, 971 53, 790 56, 102 59, 965 62,268 65, 452 69, 922 74, 360 1,011 1,127 1,194 1,237 1,232 1,323 1,402 1,446 1,485 1,565 1,601 1,654 1,738 1,820

Virginia
West 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

6,641 7,043
2,974 3, 060
4,347 4,563

7,379
3,099
4, 672

7,760
3,125
5,007

8,399
3, 224
5,283

8,907 1,234 1,393 1, 475 1,484 1,509 1,571 1,647 1,671 1,702 1, 793 1,852 1,886 1,977 2,057
3,348 1,098 1,221 1,290 1, 307 1,253 1, 356 1, 521 1,636 1,582 1,635 1, 676 1, 727 1,795 1,883
5,545 958 1,121 1,203 1, 250 1,246 1,297 1,385 1,429 1, 453 1,514 1,536 1, 035 1, 713 1,792

Tennessee
North Carolina

4, 056
5, 02:-!
2 414

4, 347
5, 535
2 604

4,652
5,902
2,711

4,864
5,976
2,818

5,016
6, 300
2,931

5, 346
6,716
3,142

5,494
7, 138
3,300

5, 844
7,617
3,472

6,184
8,177
3, 745

6,588 995 1,080 1,132 1,218 1,206 1,270 1, 351 1,401 1,433 1, 507 1,539 1,622 1,693 1,783
8, 601 1,012 1,115 1,152 1,172 1,200 1,285 1,348 1,345 1,416 1,492 1,562 1, 635 1, 738 1,807
3,944 882 1,046 1,117 1,141 1,081 1.U7 1,182 1,210 1,249 1,327 1,379 1,438 1,530 1,588

Georgia
Florida
Alabama

4, 414
5,312
3,258

4,918 5,274
6, 088 6,979
3.708 3,932

5,432
7,763
4,206

5,676
8,481
4,382

6.079
9,384
4,617

1, 750 1,864
6.368 ! 6, 599 7,145 7,715 1,017 1.141 1,201 1,239 1,209 1,332 1,402 1,418 1,469 1,558 1, 609 1,642
1
9, 843 10, 319 11,221 11,933 ! 1,287 1,375 1,457 1,535 1,534 1,659 1,771 1,829 1, 855 1, 959 1, 967 , 969 2, 065 2,111
4,789 4,947 5,164 5,538 869 986 1,044 1, 084 1, 068 1, 199 1,258 1,325 1,360 1,425 1, 462 1,487 1, 557 1, 655

Mississippi
Louis iana
Arkansas

1 , 836
3 756
1 . 782

2,065
3, 985
1,933

2,116
4,884
2,060

2,281
4,929
2,144

2,490
5,165
2,360

2,552
5.240
2,394

2, 097
4,424
2,006

2,751
5, 396
2, 615

2, 906
5, 692
2,782

3, 183 i 733 793 855 886 883 994 989 992 1,075 1, 152 1. 168 1,240 1 , 285 1, 390
6, 072 1,087 1,173 1,243 1,295 1,301 1,357 1, 461 1, 565 1,560 1,611 1, 608 1, 630 1, 689 1,776
2,986 807 905 965 995 1,001 1,087 1,136 1,148 1,209 1,327 1,338 1, 450 1, 510 1, 607

19, 136 20, 513 22, 105 23, 697 24, 869 26,328 27, 190 28, 786 30, 181 31,502 1,288 1,419 1,499 1,529 1,553 1,615 1,702 1,772 1,819 1,889 1,906 1.955 2, 005 2,047

Southwest
Oklahoma
Texas
New Mexico.. _ , .. ...
Arizona
Rocky Mountain

3, 162 3,341 3.572 3, 730 3,942 4,083 4, 305 4,502 4,675 4,858
J3.391 14,380 15,422 16,556 17,165 18,132 18,486 19.569 20, 437 21, 351
1.088 1, 159 1.257 1,401 1,558 1,688 1 , 730 1, 795 1,888 1,953
1,495 1,633 1,854 2,010 2,204 2, 425 2, 669 ; 2,920 3, 181 3,340

1,528
1,645
1,434
1, 696

1,595
1,732
1,527
1,816

1,641 1,736
1,815 1,843
1,610 1,723
1, 806 1,868

1,774 1, 840 1, 881 1, 910 1,953
1, 918 1,917 1,973 2, 019 2, 068
1,819 1, 806 1, 820 1, 894 1,918
1,934 2, 013 2, 048 2, 141 2, 142

8,207

8,627

9,072

9, 539 10,336 10,667 1, 425 1,643 1,699 1,667 1,632 1,701 1, 793 1,884 1, 965 2,028 2,083 2,117 2, 257 2,269

1,158
917
570

1,229
1,024
6,4

1,280
1,072
650

1,338
1,121
688

1,328
1,180
720

1, 363
1, 184
765

1,345
1,242

1,558
1, 351
810

1,553 1,600 1,771 1,786 1,798 1.747 1,862 1,902 1,934 2,015 1,991 2,004 1,924 2, 235 2, 197
1, 366 11,279 1,446 1,574 1,499 1,494 1,518 1,654 1,678 1,738 1,793 1,765 1,810 '1,930 1,916
834 1,623 1,884 1,828 1, 854 1,790 1, 810 1,913 2,012 2,137 2,215 2, 284 2,280 i2, 440 2, 475

2,783
1,242

3,064
1,354

3,367
1,461

3,550
L510

3,769
1,630

4,039
1 , 721

4, 340
1,839

4,618
1, 999

4,831 1,444 1,720 1,791 1,714 1,673 1,758 1, 851 1,989 2,101 2,182 2,283 2, 357 2,440 2,464
2, 083 1,282 1,458 1,504 1,526 1,500 1,556 1,645 1,743 1,766 1,859 1,910 1,956 2,087 2,119

_

2, 543
1,143

35,815 ,39,156 42, 778 45, 460 47, 462 51,936 54,557 57, 748 61,907 65, 706 1,788 1,975 2,068 2,103 2,089 2,210 2,326 2,397 2,430 2,572 2,625 2,691 2,789 2, 878
4.956 5,211 5, 502 5, 832 5,977 6,372 6, 597 6, 946 7,426 7, 575
2,919 3,139 3,398 3,400 3,556 3,845 3, 962 4,083 4,324 4,568
911 1,104 1, 246
508
582
688
759
605
646
815
- 27, 432 30, 224 33, 273 35, 582 37, 241 40, 960 43,183 45, 808 49, 053 52, 317
49$
893

500
952

548
1,024

537
1,098

526
1,158

1. Total incudes Alaska and Hawaii 1960-63 but not in earlier years.




1,466
1,585
1,388
1,604

7,830

_..--..

Alaska
1 lawaii

1,476
1,549
1, 361
1,610

7,285

Colorado
Utah
Washington
Oregon
Nevada
California

1,402
1, 523
1,345
1, 655

6,670

1,071
880
537

Far West

1, 283
1,453
1,290
1,561

6,174

Montana
Idaho
Wyoming

_-. .

1,146
1,339
1, 162
1,295

555
1,290

632
1,421

628
1,521

661
1,587

! 1,671 1,816 1,909
1, 600 1,757 1,827
|1,938 2,183 2, 365
1,839 2,037 2,129

1,965 1,952 1,981 2,046
1,808 1,767 1,857 1,969
2,357 2,363 2, 425 2, 420
2, 165 2, 154 2,297 2,424

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

2,148
2,050
2,586
2,526

2,257 2,300 2, 355 2,467 2,484
2,190 2,225 9 9QS 2,393 9 502
2, 720 2,791 2, .874 3, 154 3, 386
2,671 2,725 2.791 2, 881 2,974

704 k 831 2, 629 2,487 2,387 2, 272 2, 28S 2,491 2,397 2,469 2, 523 2, 760 2,672 2,731 2,839
1,667 \1,403 1, 589 1, 745 1,782 i, 768 1,789 \ 1, 862 1,916 1,946 2,118 2,274 2,358 2,394 2,462
I

SURVEY OF CURRENT BUSINESS

11.K54

Tables 63-70 of the Personal Income
supplement present comparable data on
the industrial breakdown of personal
income for selected years since 1929.
Each August issue of the SURVEY has
carried these two tables in terms of the

17
not strictly comparable with the correspondingly numbered tables in this
issue. Comparable figures have been
prepared for 1957 to serve as an intermediate benchmark between 1950 and
1963. They are available on request.

current year. Because of data revisions, the industrial breakdowns by
State after 1950, shown in tables 63 and
70 of both the 1956 Personal Income
supplement and August issues of the
SURVEY from 1957 through 1963, are

Table 3.—Total and Per Capita Disposable Personal Income, by States and Regions, Selected Years 1929-63
Per capita (dollars)

Total (millions of dollars)
11)29

1940

1946

1950

1953

1957

1955

1959

1961

1929

1963

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut—

._

IVIideast
New York
New Jersey
Pennsylvania..
Delaware
Maryland
District of Columbia

1946

1950

1953

1955

1957

1959

1961

1963

682

575

1,116

1,354

1, 565

1,651

1,800

1,900

1, 981

2, 12.3

G, 901

6,169

10,874

13, 769

16,306

17, 789

19,971

21,613

23, 479

25, 742

849

730

1,221

1,477

1,707

1,828

2,013

2,083

2,230

2,391

407
315
220

432
275
178

859
515
333

1,012
644
416

1, 165
756
487

1,333
851
512

1,433
943
557

1, 557
1,062
616

1, 647
1, 151
663

1, 745
1, 264
' 727

586
675
613

509
559
490

1, 029
1, 040
974

1,111
1, 213
1,103

1,284
1,377
1,288

1, 446
1,531
1,380

1, 520
1, 637
1,477

1,625
1,764
1, 596

1,669
, 893
1, 713

1,777
2,016
1,864

3, 724
577
1, 598

3, 261
515
1,508

5,562
951
2, 654

6, 996
1,170
3,531

8,096
1, 359
4,443

8,811
1,431
4,851

9,928
1,496
5,614

10, 793
1,620
5, 965

11,801
1, 694
6,523

12, 829
1,879
7,298

881
844
1,003

755
716
883

1, 226
1,204
1,389

1, 492
1,502
1,738

1,697
1,670
2,084

1, 827
1,735
2,173

2, 038
1, 752
2,443

2.123
1, 897
2, 391

2, 3()'l
1, 974
2, 548

2, 459
2, 123
2, 737

26, 361 22, 952

41,246

53, 327

62, 559

67, 981

76, 818

83, 121

88, 747

96, 896

934

757

1,320

1,578

1,789

1, 876

2, 086

2,183

2,267

2,412

13,381 11,142
3, 593 3, 325
7, 332 6, 199

19, 645
6,129
11,213

24, 938
7, 899
14, 991

28, 371
9, 968
17, 584

31, 495
10, 928
18, 272

35, 426
12, 491
20, 543

38, 688
13, 604
21, 673

41, 146
14, 844
22, 701

44, 920
16,310
24, 268

1,099
901
754

828
796
626

1,462
1,360
1, 135

1,673
1,625
1,425

1, 831
1,936
1. 660

1, 959
2,038
1, 690

2,186
2,229
1,877

2, 328
2, 283
1, 929

2, 393
2, 394
1, 997

2, 537
2, 521
2, 124

232
1, 265
789

383
2,554
1,322

565
3, 335
1,599

695
4,303
1,638

834
4,742
1,710

1.008
5, 556
1,794

1,085
6, 191
1,880

1,150
6, 903
2,003

1,288
7, 886
2, 224

941
759
1, 248

862
688
1,143

1,277
1,147
1,480

1,760
1,404
1,964

1, 991
1, 683
1, 976

2, 161
1, 697
2, 138

2, 400
1,933
2,312

2,472
2, 029
2,451

2,511
2, 194
2, 565

2, 706
2, 398
2,787

19, 636 17,310

83, 020 75, 924 157, 003 204, 729 247, 752 271, 240 306, 510 334, 935 362, 517 400, 284

United States
New England

1940

222
1,230
603

34, 245

46, 020

57, 194

61,871

68, 647

73, 150

76, 996

84, 173

780

648

1,205

1,505

1,786

1,846

1,977

2, 039

2,100

2,261

Michigan.
Ohio
Indiana

3, 673
5,037
1, 934

3,502
4,475
1,854

6,938
8,822
3,998

9, 776
11,711
5,515

12, 540
15, 023
7,132

13, 873
16, 348
7,388

14, 781
18, 301
8,155

15, 383
19, 333
8,651

15, 873
20, 203
9, 259

17, 939
21, 840
10, 222

766
760
600

659
646
540

1,181
1, 174
1,080

1, 523
1, 464
1, 395

1, 843
1, 751
1, 703

1, 914
1,812
1, 694

1, 961
1, 972
1, 796

1, 984
2,011
1,874

1, 986
2, 040
1, 972

2,210
2,147
2, 178

Illinois
Wisconsin

7 050
1, 942

5 804
1, 675

11,039
3,448

14, 438
4,580

17, 059
5, 440

18, 466
5, 796

20, 884
6,526

22, 527
7,256

23, 947
7,714

25, 951
8,221

927
662

734
533

1,352
1,088

1,649
1,328

1, 906
1, 553

2, 001
1,581

2,185
1, 716

2,259
1, 853

2,374
1, 932

2, 549
2,024

7,402

Great Lakes

Plains

Minnesota
Iowra
Missouri
North Dakota
South Dakota
Nebraska
Kansas

6,336

13, 950

18, 192

20, 485

22, 108

25, 087

27,080

29, 248

32, 056

558

469

1,058

1,293

1,427

1,490

1, 657

1,772

1, 883

2,046

1,494
1, 385
2,221

1,422
1, 236
1,928

2,898
2,737
4,045

3,787
3,494
5,233

4, 439
3, 668
6,148

4,819
3,831
6,772

5,430
4,595
7,375

5,880
4,823
8,214

6, 475
5,146
8, 686

7,040
5,659
9, 541

581
563
613

510
487
509

1, 059
1,109
1,076

1, 264
1,333
1, 326

1, 449
1,391
1, 506

1,512
1, 427
1, 604

1, 639
1, 676
1, 732

1,741
1, 757
1, 916

1, 876
1, 849
2,005

2,011
2,036
2,204

247
281
797
977

218
224
564
744

545
595
1,307
1,823

718
742
1,803
2,415

694
807
1, 868
2,861

802
795
1,989
3,100

840
1,001
2,406
3,440

881
933
2, 504
3,845

892
1,159
2, 738
4,152

1, 174
1,257
2, 994
4,391

366
407
580
523

341
349
429
416

956
1,012
1,041
1,011

1, 166
1,138
1,362
1, 261

1,121
1,232
1,424
1,441

1,277
1,181
1, 462
1,490

1, 335
1, 468
1, 726
1,621

1, 405
1,374
1, 786
1,778

1, 389
1, 658
1,911
1, 892

1,852
1, 706
2, 051
1,973

9,785 10, 094

24, 826

31, 722

39,001

42, 902

48, 184

53, 663

58, 357

65, 757

360

333

782

938

1,118

1,204

1,296

1,401

1,474

1,610

Virginia
West Virginia
Kentucky

1,032
782
1,000

1 232
758
893

3,080
1, 558
2, 060

3,699
2,057
2,612

4. 639
2,313
3, 260

5, 025
2, 354
3,400

5, 622
2, 753
3,705

6,198
2, 745
4, 059

6, 793
2,780
4,460

7,733
2, 962
4, 875

4?6
455
384

453
397
312

914
852
747

1,134
1. 025
883

1,319
1.187
1,118

1, 409
1,234
1, 166

1.471
1, 401
1, 260

1,578
1, 466
1,347

1, 651
1, 537
1.457

1,785
1, 666
1.575

Tennessee
North Carolina
South Carolina

963
1,021
462

970
1,134
572

2, 428
2, 971
1,387

3,056
3,832
1, 749

3, 664
4,435
2,331

3.970
5,079
2, 403

4,391
5,410
2, 568

4,807
6, 052
2,844

5,227
6, 832
3,128

5,782
7, 627
3, 523

370
326
266

330
317
301

789
797
713

925
944
825

1, 102
1. 064
1, 046

1,160
1,179
1, 059

1, 265
1,218
1,103

1, 355
1,344
1,201

1, 450
1, 460
1, 295

1,565
1, 602
1,419

998
727
839

1,031
937
782

2, 508
2, 517
1, 994

3, 255
3,329
2,471

4, 052
4,496
3,037

4,494
5, 471
3,387

4,890
6, 875
3,784

5,459
8,358
4,142

5,878
9, 140
4,424

6. 830
10. 536
4, 917

344
503
317

331
489
275

771
1,018
686

943
1,180
808

1, 125
1.369
984

1,217
1, 491
1, 095

1,276
1,620
1, 192

1, 399
1,745
1,278

1, 463 i 1,650
1,744 | 1,864
1, 330 1,469

561
848
552

464
834
487

1,181
1,910
1, 232

1,511
2, 706
1,445

1,764
3,343
1, 667

1,937
3,595
1,787

1, 947
4,357
1,882

2,280
4,573
2,146

2,516
4, 806
2,373

2, 895
5. 402
2, 675

281
407
298

213
352
249

570
752
683

697
1, 002
758

828
1, 164
916

933
1, 224
1,004

913
1, 396
1,048

1.055
1,426
1,206

1,134
1, 452
1,315

1,2(54
1.580
1,440

4,169

3, 985

9,588

13, 388

16, 532

18, 405

21, 023

23, 400

25, 427

27, 663

464

407

912

1,176

1,354

1,449

1,572

1,679

1,727

1,798

1, 056
2, 699
167
247

844
2,708
193
240

1, 831
6, 688
464
605

2, 293
9, 459
736
900

2,811
11, 499
937
1,285

3,008
12, 893
1, 039
1, 465

3,303
14, 707
1,239
1,774

3,618
16, 143
1,499
2, 140

3, 965
17, 293
1, 589
2, 580

4, 272
18. 738
1, 715
2, 938

445
468
398
574

363
421
363
481

859
929
826
979

1,046
1, 221
1,071
1,190

1,313
1, 369
1.209
1, 436

1, 376
1,475
1. 286
1.521

1, 453
1 , 613
1,424
1, 594

1,572
1,708
1, 615
1,707

1, 656 1,718
1.743 1, 815
1,612 1, 685
1, 809 I 1,885

1,575

1, 552

3,364

4,584

5, 433

5,941

6, 945

7,609

8, 345

9,315

581

515

1,082

1,304

1,470

1,515

1.671

1,789

1,852

305
219
148

311
236
148

601
543
309

884
694
435

975
790
479

1,041
826
507

1. 140
958
573

1, 174
1, 042
035

1,187
1,089
682

1, 379
1, 194
728

582
490
664

557
452
592

1, 169
1, 067
1,221

1,478
1, 172
1,490

1. 604
1, 341
1, 624

1.074
1. 368
1.610

1. 722
1 , 499
1,774

1, 760
1, 584
1, 954

1, 698 i 1,950
1. 587 ! 1,675
2,012 i 2, 160

625
278

595
262

1,268
643

1,744
827

2, 167
1, 022

2, 449
1,118

2, 969
1, 305

3, 312
1, 446

3. 767
1, 620

4,184
1, 830

620
547

527
475

1, 060
1,008

1, 304
1,188

1. 490
1, 364

1.547
1,401

1, 754
1,557

1, 918
1. 649

2. 046 1 2. 134
1, 723 | 1.862

7, 191

7, 526

18,910

23, 727

30, 242

34, 243

39, 835

45, 299

50, 078

56, 649

885

761

1, 399

1, 608

1,821

1,933

2,100

2,243

2,334

2, 481

1, 138.
627

1. 124
658
95
5, 649

2, 882
1, 666
209
14. 153

3, 631
2, 205
276
17, 615

4, 277
2,537
382
23, 046

4, 631
2, 750
495
26, 307

5. 101
2, 955
550
31, 109

5, 003
3,302
0,58
35, 736

6, 067
3, 519
774
39, 718

6,544
3,918
1, 082
45, 105

732
602
856
907

640
600
841
813

1, 253
1. 241
1.441
1,455

1, 522
1,439
1, 704
1, 650

1,721
1, 563
1, 949
1.873

1, 761 1, 884
1. 027 1, 703
2. 062 ! 2, 140
2, 004 2, 190

1 . !>K5
1.880
2. 358
2. 331

2, 057
1. 9SO
o 44-)
2. 420 :

2. 146
2, 140
2. 940
2. 504

239

639

622

783

851

497
1, 122

552
1, 288

013
1, 420

561

1,166 1,207 1.569 1,600

Southeast

Georgia
Florida _
Alabama
i\l ississippi
Louisiana
Arkansas

_ _ __

Southwest
Oklahoma - _ _
Texas
New Mexico
Arizona
Rocky Mountain

M out ana
Idaho
Wyoming

Colorado
Utah
Far West__
Washington
Oregon
Nevada
California

_ _

5 349

Alaska
1 lawaii

1. Total includes Alaska and Hawaii 1961 and 1903 but not in earlier years.


73S-G500—64

485
9(11 |

1

2. 165
1,677

1,981

2, 280 2, 349 ! 2,472
1.842 | 1.997 2. 097

SURVEY OF CURRENT BUSINESS

IS

Tables 1-27.—Fes
Table 4.— United States

Table 5. New England

19G1

1902

1963

1961

415, 182

439, 977

461, 610

27,002

28,526

29,780

294, 695
3, 013
3, 763
56
775
1, 769
1, 163
16, 903
94, 174
52, 852
14, 183
6, 125
8, 058
14 992
5,244
5, 104
4, 644
8, 790

309, 721
2. 958
3, 798
58
785
1, 783
1, 17°
17, 827
98, 042
55, 720
14,969
6, 450
8, 519
15 398
5,207
5, 413
4,778
9, 175

18,409

19,516

20,293

29
30
31

Wage and salary disbursements
276,417
Farms
3, 070
Alining
__ _
_ _ _
3, 740
Anthracite
_ _ _ _
62
Bituminous and other soft coal mining
783
Crude petroleum and natural gas
1, 744
ATining and quarrying, except fuel - 1, 151
Contract construction.
_
15,877
Manufacturing
__
_ _ _ _
87, 409
Wholesale and retail trade
_
49, 997
Finance, insurance, and real estate
13, 454
Banking and other finance _
_.
5, 862
Insurance and real estate
7, 592
Transportation
_ _
14 396
Railroads
5,200
Highway freight and warehousing
4,733
Other transportation
._ _ _
4,463
Communications and public utilities
8, 464
Telephone, telegraph, and other communications
4,620
Electric, gas, and other public utilities
3,844
Services
29, 900
Hotels and other lodging, places _ _ .
1,572
6,702
Personal services and private households5,532
Business and repair services
Amusement and recreation
__ _ .
2,144
13, 950
Professional, social, and related services
Government- _ _
49, 405
Federal, civilian
13, 750
Federal, military..
8,187
State and local
_ 27, 468
Other industries
645

4, 808
3,982
32, 253
1,649
6,909
6, 179
2, 231
15, 285
53, 101
14, 515
8,823
29, 763
671

5, 017
4,158
34, 361
1,724
7,047
6,629
2,322
16, 639
56, 783
15, 560
8,967
32, 256
690

32

Other labor income

33
34
35

Proprietors' income
Farm
Nor) farm

36

Property income..

37

Transfer payments

38

Less: Personal contributions for social insurance
_ _ _.
.. _ _ __ _

1
3
4
4a
jj
8
9
10
11
12
13
14
15
10
17
IX
19
20
23
•>4
26
OJ

Table 6.— Maine

Table 7.— New
Hampshire

Item

Line

Personal income

_- _ _

_ _.
.

_
__

. ._

_ ._

| 1902

112
28

19(13

109 !
28 |

_____
l

10S
28

904
7, 282
3,116
983
362
621
583
153
256
175
539

1
28
1,025
7,813
3, 403
1,081
392
689
612
142
292
179
581

299
240
2,093
88
428
358
89
1,129
2, 771
689
485
1, 598
58

312
248
2, 264
92
442
410
94
1,226
2,894
703
495
1,696
56

323
258
2,425
95
447
453
100
1,330
3,093
756
480
1,857
62

1962

19* ',3

1961

1.842 i 1,918 1,971 1,314
1
|
1,206
1,255 1,292
894
25 I
26 |
26 i
7
2|
2
2
1

_ _ _

1
28
972
7, 719
3, 285
1,027
374
653
600
144
277
178
560

9~

19')1

_!_

Table 8. — Vermont

1902

1963

1, 394

1, 450

954

989

1

1

_ _

1962

1003

754

794

827

461
14
6

489
12

ft

6
28
163
82
20
g
12
20
10
9
2
15

()
30 i
164 !
87
21
8
13
20
9
10
2
16

8
7
63

9
7
72
8
13

19(51

6

{

511
13 ;
:

6

;

61
419
201
41
18
22
52
24
18
10
38

I
2J
62
444
206
43
19
24
51
23
19
9
39

2
59
450
214
45
20
25
52
24
20
8
41

1
47
360
129
33
12
21
25
7
12
5
28

385
138
35
13
22
26
7
13
6
29

16
101
10
29
6
3
53
259
68
73
118
9

23
17
107
10
28
9
4
57
267
69
73
124
9

23
18
111
10
27
9
4
62
284
73
75
136
10

15
13
96
9
18
9
7
54
168
53
40
76
1

16
13
105
10
18
11
7
59
176
55
42
78
1

1

1

1
51
384
147
37
14
24
27

148

14
6
28

18
8
11
22
12
8
2
15

16
12
113
10
19
13
8
64
192
59
43
90
1

9
7
56
6
12
2
3
34
76
17
4
54
1

13
3
3
37
79
17
5
57
1

5
41
81
19
4
58

11, 587

12,299

13,098

744

787

822

38

40

42

33

35

36

19

20

21

48, 220
12, 927
35, 293

49, 822
13, 220
36, 602

50, 638
13, 028
37, 610

2,074
148
1,925

2,138
140
1,998

2,178
121
2, 057

208
39
168

212
38
173

203
31
172

118
10
107

120
8
112

119
4
115

113
39
74

108
30
77

107
25
82

54, 925

58, 772

63, 251

3,860

4,167

4,490

253

271

292

183

196

213

105

120

130

33, 606

34, 674

36, 687

2,460

2,561

2,734

180

185

193

114

118

127

73

75

80

9,573

10, 285

11,785

604

644

738

43

45

51

28

30

34

17

18

21

[Millions of dollars]
Table 17.— Maryland

Table 16.— Delaware
Item

Line

1961

Personal income
2
3
4
5
6

1962

1963

1961

1962

Table 18.— District of
Columbia

1963

1961

1962

1963

Table 19.— Great Lakes
1961

Table 20.— Michigan

1962

1963

1961

1962

1963

1,384

1,466

1,570

7,942

8, 555

9, 163

2,356

2,537

2,645

88, 009

92, 706

97, 073

18, 114

19, 264

20, 624

872
9
(3)

918
9
(3)

993
8
(3)

1,695

74
445
132
34
18
16
41
15
14
12
21
9

60
43
196
55
19
36
53
24
21
40
26

63
45
205
59
20
38
54
25
7
21
44
29

59, 997
336
416
134
97
185
3,114
25, 268
10, 326
2,460
1,043
1,417
3,002
1,225
1,211
566
1,715
849

63, 848
333
422
137
99
186
3,130
27, 504
10, 817
2, 562
1,088
1,474
3,132
1, 236
1, 305
591
1,764
873

67, 085
335
424
138
99
187
3,301
28, 888
11,340
2, 672
1, 135
1,537
3,230
1,234
1,381
616
1,822
899

12,432
71
86
(3)
12
74
538
5,773
1,948
406
186
220
428
129
220
79
374
177

13, 490
68
83
(3)
10
73
540
6, 484
2,051
418
190
228
453
133
238
81
381
179

14,584
70
83

(33)
()

6,612
28
15
1

1,646

rs)
(3)

6, 133
29
14
1
3
()
13
395
1,448
1,017
269
97
172
313
113
89
111
177
94

1,526

(3)
(»)

5,680
28
13
1
3
()
12
350
1, 366
959
253
94
158
293
116
81
96
166
88

12
94
3
28
15
6
42
142
23
38
81
1

78
629
25
169
101
36
298
1,606
840
252
514
18

83
719
26
176
138
38
340
1,734
912
267
556
17

88
809
28
180
162
40
398
1, 946
1,049
291
606

14
278
14
69
32
6
157
917
740
82
94
4

15
268
15
70
34
6
143
954
760
89
105
4

866
5,421
242
1,081
942
300
2,856
7, 859
1,649
667
5,544
81

891
5, 778
249
1,096
1,016
307
3, 109
8,318
1,743
703
5,871
89

923
6, 153
256
1,121
1, 086
321
3, 368
8,831
1, 836
661
6, 334
89

197
1.069
37
219
172
60
581
1,727
255
134
1. 338
11

202
1,156
38
225
191
60
642
1,846
281
147
1,417
11

210
1,249
38
232
213
64
702
2,013
292
144
1, 577
11

666

732

795

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 a n d 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

49

52

58

204

217

235

38

42

44

2,906

3, 078

3, 263

33
34
35

Proprietors' income
Farm
Nonfarm

102
26
76

106
29

103
22
81

645
76
568

688

194

201

207

616

700
59
642

194

201

207

9,076
2,307
6, 768

9,238
2,251
6, 986

9, 375
2,210
7, 166

Property income

312

341

369

1, 036

1, 113

1, 203

395

423

456

11,195

11,820

12, 678

2,296

2, 403 | 2, 513

71

74

76

593

643

693

302

327

356

6,751

6,774

7,020

1,416

1,362

1,394

23

24

29

217

239

279

99

101

114

1,916

2,052

2,349

367

397

467

8
9
10
11
12
13
14
15
16
17
18
19

36
37

_ _ _ _

- -

Transfer payments

38 Less: Personal contributions for social insur
ance



66
386
114
31
17
15
42
15
11
16
19
8
11
82
3
26
12
5
36
120
21
33
66
1

66
410
121
32
17
16
40
15
13
12
19
9
10
89
3
27
14
6
40
130
22
35
73
1

14
418
1, 501
1,084
290
104
187
314
113
93
108
189
102

40
182
50
18
32
50
24
7
20
36
22
13
250
13
67
29
6
135
860
691
77
92
4

:

10
73
617
7,037
2, 196
439
203
236
471
134
253
84
397
187

1,745
1,670 1 1,674
275
266
300
1,370
1,408 1 1, 470

Aim-list

SURVEY OF CURRENT BUSINESS

11H14

by Major Sources, 1961-63

19

[Millions of dollars]

Table 9. — Massa chusetts Table 10.— Rhode Island

Table 11.— Connecticut

Table 12.— Mideast

Table 13.— New York

Table 14. — New Jersey Table 15. — Pennsylvania
Line

1%1

1902

1903

1961

1902

1903

1901

1902

1903

13, 579

14, 269

14, 889

1, 941

2,082

2, 153

7, 572

8, 069

i
8, 490 103, 329 108, 889 113,617

9, 290
31
12

9, 756
30
12

10,11.')

1,356
3
1

1, 444
3
1

1,481
3
1

5, 262
32

5,618
31
0

5, 907
29
6

1
11
415
3,431
1,064
511
204
308
307
70
133
104
274
155

1
11
440
3,591
1,747
535
213
323
319
07
145
107
285
163

1
12
472
3, 505
1, 845
501
222
340
324
60
152
105
290
169

1
07
50(5
221
03
23
40
40
7
20
13
40
19

1
72
536
234
05
23
42
43
7
23
13
41
20

1
77
530
240
09
24
44
44
7
24
13
42
20

0
288
2,418
820
310
97
220
137
31
04
41
145
79

0
319
2, 001
878
330
99
231
141
30
09
42
152
83

0
337
2,714
925
348
103
244
145
29
72
44
157
86

118
1,186
43
217
247
44
635
1,430
390
209
830
30

122
1, 283
44
223
284
46
687
1,485
394
210
881
29

128
1,373
45
224
314
47
742
1,602
424
195
983
33

20
126
4
31
15
7
69
286
75
92
119
3

21
135
4
32
16
8
75
312
77
102
133
3

22
144
4
33
16
8
82
316
81
99
136
3

66
528
17
122
78
25
285
553
86
66
401
14

68
571
18
129
88
26
310
576
90
63
423
13

72
612
18
131
96
28
339
618
100
64
454
14

118

120

121

53

55

376

398

412

55

57

60

224

236

252

3, 043

3,154

3,338

1,302

1,348

1,437

938
31
907

970
34
936

998
30
968

131
3
128

133
3
130

136
3
133

566
26
541

595
26
569

615
28
586

8,757

8,845

9,077

4,220

4,267

4,384

1,868

1,964

2,112

260

306

330

1,191

1,309

1,416

1,508

1,626

192

196

208

485

479

502

52

55

62

156

169

197

30
12
|

308

fi

|

326

373

1,412

1901

1902

70,617
279
309
02
153
20
128
3, 028
23, 501

12,911
4, 193
1,914
2, 279
3,715
1,077
1, 071
1,506
2, 264
1,294
969
8,551
426
1,833
1, 920
575

3,797
11, 089

3,742

1903

74, 549
2(55
372
5(5
151
30
130
3, 969
24, 738
13, 403
4, 343
1, 949
2, 395
3, 853
1, 073
1,144
1,030
2, 338
1,334

77, 448
251
379
58
149
31
141
4, 075
25, 209

1, 003
9,174
441
1,872
2,116
603
4,142

1, 044
9,715
459
1,898
2 224
"'630

11,914

12, 677
4, 209
1, 084

1, 040

3, 958
1,097

6,306

6,859

14,081
4,517
2, 008
2, 509
3, 928
1,052
1,218
1,058
2, 435
1,392

4,498

7,384

1961

1 902

1903

1901

1 902

1 903

1901

1902

1903

48, 633

51,243

53,361

17, 060

18, 073

18,861

25, 954

27,015

28, 017

1

32, 827
121
63

34, 543
111
67

35, 705
102
09

12, 090
45
20

12,836

13, 377
47
20

1
10
56
1,844
9, 950
7, 078
2, 670
1,280
1, 390
1,704
349
417
938
1, 140
748

]
11
57
1, 853
10, 081
7, 308
2, 701
1, 308
1,453
1 , 722
342
442
939
1, 185
783

19, 066
(55
2(58
58

2
3
4

1
8
54
1,049
9, 508
0, 770
2, 584
1,201
1, 323
1, 009
350
401
919
1, 104
727

18, 473
70
2(56
56
148
19
43
804
7, 698
2, 943
756
329
427
1, 036
446
325
266
591
268

377
4. 520
259
895
1,134
378
1,855
4, 724
1,049
289

392

402
5, 080
'281
931
1,208
422
2,177

324
1,838
80
384
273
81
1,020
2,386
814
158
1,414
25

338
1,940
79
384
296
83
1, 097
2,458
810
143
1,505
26

20
21
22
23
24
25
26
27
28
29
30
31

3,386

4,808
267
918
1,218
397

2,007
5,117
1,077
311

3,729

5,429
1,157
291
3,981
55

20
088
4, 800
2, 004
539
201
338
000
127
209
204
301
186

1
24
740
5,189
2,108
500
200
354
708
120
293
288
370
190

20
704
5, 301
2, 237
590
217
373
735
123
313
299
386
198

17, 621
70
272
02
150
18
42
824
7, 280
2,881
730
323
413
999
440
302
251
577
263

175
1,340
48
303
390
71
527
1,555
376
237
942
18

180
1,442
51
298
441
75
578
1,630
393
244
993
18

188
1, 525
52
305
449
77
641
1,748
410
232
1,106
18

314
1,729
78
372
254
79
946
2,223
764
152
1,306
25

40
24

(3)

19
44
903
7, 890
3, 054
783
341
441
1,0(52
435
349
279
010
271

4 a,

(i
7

s

9
10
11
12
13
14
15
10
17
18

19

562

591

618

888

904

946

32

1,530
73
1,457

1,551
63
1,488

2,123
249
1,874

2,052
174
1,879

2,132
210
1,923

33
34
35

722

576

625

286

228

8,035

8,269

8,453

3,935

4,039

271
4,113

1,473
86
1,388

15, 039

16, 354

17, 646

7,661

8,397

9,084

2,125

2,281

2,456

3,510

3,799

4,079

36

8,262

8,522

8,997

3,711

3,826

4,050

1,181

1,239

1,320

2,404

2,412

2,501

37

2,389

2,533

2,887

1,088

1,139

1,297

371

403

461

591

626

707

38

[Millions of dollars]
Table 22.—Indiana

Table 21.— Ohio

Table 23.—Illinois

Table 24.— Wisconsin

Table 25.— Plains

Table 26.— Minnesota

Table 27.—Iowa
Line

1961
23,086

1962

221
1, 440
55
302
233
88
761
2,132
569
161
1,402
28

1961

1962

1963

1961

1962

1963

1961

1962

1963

1961

1962

1963

35,262

1961

1962

1963

1961

1962

1963

10,460

11,041

11,648

27,478

28,895

30,020

8,871

9,291

9,617

33, 168

36, 534

7,432

7,712

8,152

5,810

6,075

6,399

1

17, 490
61
119
53
30
36
822
7,883
2,852
639
275
364
887
337
372
179
460
233

7,104
46
52
23
8
22
352
3,265
1,141
270
117
153
363
168
140
50
202
92

7,631
44
53
22
8
22
346
3,614
1,213
281
121
160
371
108
158
45
200
94

8,082
47
53
21
8
24
385
3,792
1,288
294
130
164
378
164
169
45
214
96

18,818
98
150
62
52
37
1,132
6, 747
3,620
984
399
585
1,126
500
411
215
540
284

19,811
100
152
64
51
37
1,128
7,199
3,763
1,025
419
606
1,185
507
442
236
555
291

20, 561
97
153
64
51
38
1,123
7,430
3,955
1,004
432
632
1,230
511
466
254
509
298

5,735
62
20

6,092
60
19

6,367
61
16

4,636
59
93

4,926
64
94

5,126
59
87

3,104
74
14
1

3,262
84
16
2

3,431
81
16
2

(3)

(3)

(3)

2
3
4
5
0

20
336
2, 445
903
212
89
123
246
89
108
49
167
78

19
336
2, 651
1, 005
222
91
132
257
86
116
54
175
84

16
354
2, 746
1,050
230
95
141
264
88
121
54
182
85

19, 725 20, 914 21, 852
344
326
323
254
253
248
11
11
10
79
82
78
162
163
159
1,314
1,393
1,435
5,523
5, 780
5,155
4,274
4,072
4,486
974
1,036
1,087
438
471
495
564
535
591
1,444
1,387
1,430
730
725
728
443
412
458
256
247
261
670
700
725
359
347
368

93
310
1,250
961
237
108
129
311
164
75
72
142
71

94
320
1,300
1,004
252
116
130
324
164
81
80
148
73

87
331
1,413
1,048
262
120
142
323
159
84
80
153
75

13
184
919
644
150
66
84
169
97
57
16
112
54

15
178
962
672
156
68
89
172
96
60
15
113
54

14
197
1,029
703
1(50
72
94
177
97
04
15
115
54

8
9
10
11
12
13
14
15
16
17
18
19

228
1,528
56
307
250
90
825
2,214
577
152
1,485
26

109
499
24
116
63
25
272
901
187
66
648
13

112
536
25
120
72
26
294
952
197
72
683
15

118
573
26
123
78
28
318
1,041
214
64
763
18

256
1,995
103
356
420
104
1,012
2,403
551
269
1,583
25

264
2,121
107
355
451
107
1, 100
2,554
578
275
1, 700
27

272
2,235
110
362
472
112
1, 178
2, 679
626
257
1, 796
26

89
492
24
94
66
24
284
784
113
46
626
7

92
525
24
95
70
25
311
834
118
48
668
7

96
568
26
97
74
27
344
884
127
44
713
7

72
513
25
76
66
22
324
749
139
43
567
10

75
552
26
78
73
22
353
791
146
47
599
10

78
582
28
79
78
22
376
856
163
43
650
11

58
311
13
62
34
15
187
518
104
24
391
10

59
335
13
65
40
16
202
564
110
26
428
10

00
351
13
66
45
16
212
587
120
23
444
11

20
21
22
23
24
25
26
27
28
29
30
31

24, 215 25, 164

15, 908 16,825
59
61
108
115
50
51
25
29
33
35
756
780
7, 038
7, 557
2,784
2, 053
586
616
252
267
335
349
839
8(56
342
340
326
350
173
174
433
440
218
225
215
1, 365
54
297
220
87
707
2,044
543
152
1, 349
26

1963

328
2, 038
96
390
269
99
1,185
3,493
813
504
2,176
36

341
2,188
99
401
298
102
1,287
3,734
851
542
2, 342
39

357
2,306
106
407
319
105
1,370
3,971
929
537
2,505
40

(3)

(3)

(3)

815

857

903

378

394

416

795

827

869

252

268

280

749

815

864

178

194

207

116

123

130

32

2,093
380
1,712

2,122
349
1,773

2,159
350
1,809

1,270
472
798

1,290
463
827

1, 347
490
857

2,850
711
2,139

2,942
747
2, 196

2,972
744
2, 228

1,193
444
749

1,209
427
783

1,152
351
801

6,353
2,902
3,390

6,936
3,440
3,496

6,874
3,331
3, 544

1,214
525
689

1,142
435
706

1,287
574
713

1,434
779
654

1,479
810
668

1,563
879
684

23
34
35

2, 973

3, 186

3,411

1,159

1,199

1,287

3, 571

3,802

4, 086

1, 196

1,230

1,321

4,418

4,641

4,975

957

999

1,071

818

864

926

36

1, 832

1,796

1,843

767

763

787

2,057

2,166

2,274

680

688

722

2,654

2,737

2,859

605

618

648

454

468

485

37

272

614

653

743

184

197

225

730

782

890

157

167

187

114

121

136

38

Digitized
218
570
642
534 for FRASER
235


SURVEY OF CURRENT BUSINESS

20

August 1 ( .H)4
Tables 28-51.—Personal Income

[Millions of dollars]
Table 28.— Missouri

Line

Table 29.-North
Dakota

Item

1

Personal income..

_

_

1961

1962

1963

9,865

10, 385

10, 900

6,313
51
36
5
1
29
361
1,941
1, 326
326
142
184
478
193
171
114
223

6,683
55
35
6
1
28
387
2,088
1,370
351
158
192
488
193
179
115
233

115
108
649
33
138
105
35
338
914
274
143
497
8

Table 30.— South
Dakota

1962

1963

1961

1962

995

1, 400

1,300

1,275

1,460

7,083
52
37
5
1
31
443
2.220
1,452
368
116
202
498
192
186
120
243

579
27
10
2

638
31
9
2
6
1
69
27
156
28
14
15
46
34
10
3
25

675
27
9
2
6
1
67
36
162
31
15
16
47
34
10
3
27

645
22
12

703
23
13

(3)
12
87
68
144
26
15
12
31
12
15
3
25

120
113
687
34
140
114
36
364
982
289
148
545
9

124
119
728
35
143
125
37
388
1,034
318
138
578
9

14
11
70
4
10
4
2
49
156
32
33
91

14
11
73
4
10
4
2
52
172
36
41

15
12
77
4
11
5
2
55
192
39
48
105
1

13
12
65
3
12
4
4
42
164
50
23
91
1

1961

Table 31. -Nebraska

Table 32.— Kansas

1963

1961

1, 390

3,096

3, 319

3,376

4,695

4,911

5,017

697
22
14

1,761
52
12

1,853
46
11

1,910
44
10

(3)
13
94
70
159
28
16
12
37
12
22
4
26

(3)
14
68
71
161
30
17
13
33
12
17
4
27

5
139
320
373
106
42
65
142
84
39
19
56

5
5
141
338
418
117
46
71
146
85
41
20
62

2, 850
41
75
2
66
7
197
679
515
107
56
52
216
146
51
19
96

2,930
40
74
2
66

141
338
398
114
44
69
146
85
41
20
59

2,687
41
76
2
67
8
182
630
481
102
54
48
210
145
46
20
94

13
12
75
4
12
7
4
49
176
52
26
98
1

14
13
76
4
12
4
4
53
195
55
32
108
1

40
17
182
9
33
26
9
105
375
89
76
211
3

42
18
198
10
35
29
9
115
398
91
85
222
3

43
19
205
11
36
28
9
121
426
97
93
236
4

42
51
249
9
58
29
13
141
618
126
163
329
4

43
53
268
10
61
31
14
153
651
128
168
355
4

43
56
286
11
61
35
14
166
681
137
160
384
4

I

1963

1982

1961

1962

1963

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

32

Other labor income

252

274

292

19

21

22

20

23

25

56

61

63

109

119

125

33
34
35

Proprietors' income
Farm
Nonfarm

1,422
513
909

1,465
529
936

1. 463
495
968

202
81
121

542
416
126

395
267
128

382
217
166

500
327
174

421
263
158

696
352
344

800
444
356

766
408
358

1,004
496
508

1,008
479
530

980
445
535

36

Property income

1,280

1,355

1,456

128

130

140

162

167

179

436

452

483

638

674

720

889

90

92

95

99

104

109

219

231

241

362

373

392

283

22

23

26

33

37

41

72

77

87

105

114

129

2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19

_

___ _ _

37

Transfer payments

824

852

38

Less: Personal contributions for social insurance

227

243

1
52
26
142
26
13
14
45
34
9
3
24

"?

187
681
543
113
60
54
221
146
56
19
99

[Millions of dollars]

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

Table 42.— Alabama

Table 4L— Florida

Table 40.— Georgia

Table 43.— Mississippi

Table 44.—Louisiana

Item

Line

20
21
22
23
24
25
26
27
28
29
30
31

Personal income. _ _
Wage and salary disbursements
Farms. _ _ __
_. _ _
Mining
Bituminous and other >oft coal minine
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 householdsBusiness 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
Nonfarm

36

Property income

37

Transfer payments

38

Less: Personal contributions for social insurance




- -

_

1961

1962

1963

6,599
i. 507
60
23

7,145
4,956
57
24

7,715
5,348
60
24

(?)

(3)

1961

1962

1963

10,319
6,197
118
38

11,221
6,767
122
40

11, 933
7,199
121
42

1961

1962

1963

1961

1962

1963

1961

1962

1963

5,164
3,510
33
51
31
2
17
163
1,084
554
150
55
94
151
63
50
38
104

5,538
3,745
32
46
29
2
14
181
1,148
588
161
60
101
161
64
56
41
109

2, 751
1,599
52
29

2,906
1,743
51
29

3, 183
1, 858
52
3,

5,396
3,517
48
260

5, 692
3,739
45
270

6,072
3,982
49
278

25
3
89
403
263
66
32
34
64
30
22
12
56

26
4
93
460
285
70
33
37
70
31
15
53

28
4
107
500
303
76
35
40
74
31
26
17
61

241
20
238
662
650
156
70
86
245
66
49
130
134

250
20
248
707
689
162
73
89
250
66
52
132
137

258
20
269
780
734 i
173
78
95
259 •;
64
57
138
142

50
54
335
11
118
59
11
136
879
401
125
353
5

52
57
366
12
119
73
11
152
946
425
125
396
6

26
30
160
9
68
16
6
62
409
91
111
207
8

28
31
173
10
70
18
6
70
445
95
125
225
8

30
32
185
11
70
21
6
77
462
105
118
239
9

57
77
401
19
124
58
19
181
712
128
114
471
12

58
78
429
20
128
64
20
198
791
142
163
485
13

62
81
458
20
127
74
21
216
825
154
159
512
15

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

258
1, 525
1,004
276
118
158
288
102
104
82
155

36
497
961
1,375
403
153
250
328
85
70
174
180

3
37
535
1,054
1,555
436
160
275
332
87
77
169
195

4
38
570
1,109
1, 631
462
172
289
342
77
82
184
208

4,947
3,324
34
58
36
2
20
164
985
524
143
52
90
146
61
47
38
102

80
56
415
19
160
62
21
154
1,034
315
295
424
30

84
58
453
20
167
70
22
174
1,153
341
343
468
30

92
63
468
21
172
74
23
178
1,260
374
397
489
31

117
63
868
103
265
119
60
321
1,393
301
356
736
37

130
66
976
108
276
153
67
371
1,483
320
367
797
39

137
71
1, 038
112
283
149
70
424
1,635
346
413
876
39

48
54
324
11
115
65
11
122
810
388
119
334
5

(3)

9

150

165

183

192

210

227

144

150

160

62

68

76

164

172

186

868
975
593

889
253
636

979
313
666

1,419
413
1,006

1,474
397
1,077

1,506
404 !
1, 102

662
225
437

658
21?
446

738
272
466

618
328
290

594
288
305

723
404
319

674 !
195 1
479

690
193
497

755
240
514

687

744

806

1,751

1,950

2,117

482

498

538

258

284

304

636 |

680

730

537

556

591

967

1,047

1, 142

465

492

519

281

288

306

519

533

560

151

166

192

206

226

258

130

143

162

68

73

85

114

141

SURVEY OF CURRENT BUSINESS

August 1964
by Major Sources, 1961-63

[Millions of dollars]

Table 34.— Virginia

Table 33.— Southeast

21

Table 35.— West Virginia

Table 36.— Kentucky

Table 37.— Tennessee

Table 38.— North
Carolina

Table 39.— South
Carolina
Line

1961

1962

1963

1961

1962

1963

1961

1962

1963

1961

1962

1963

1961

1962

1963

1962

1962

1963

1961

1962

1963

65, 452 69, 922 74,360

7,760

8,399

8,907

3,125

3, 224

3, 348

5,007

5,283

5,545

5, 844

6,184

6,588

7,617

8,177

8,601

3,472

3,745

3,944

1

42, 682 46, 171 49,250
670
700
680
949
958
982
446
453
460
328
317
338
183
179
184
2,452 2,676 2,917
11, 398 12, 527 13, 348
7,467 8,078 8,595
2,062 2, 216
1, 921
834
780
900
1,228
1,316
1,141
2, 264
2,361
2, 468
919
894
917
704
773
837
669
667
714
1,379
1, 320
1, 260
714
673
747

5,652
63
65
51
1
13
334
1,190
893
226
84
142
311
126
83
102
146
86

6,140
59
66
52

2,080
12
269
249
17
3
94
666
300
60
26
34
143
94
30
19
99
32

2,150
10
270
246
19
5
94
703
306
61
26
35
147
95
34
19
101
33

2,242
9
280
257
17
6
99
736
321
64
27
36
151
95
36
20
97
28

3,079
42
135
107
17
10
177
889
500
105
49
55
180
102
48
30
95
43

3,348
43
136
108
16
12
216
970
530
111
52
59
191
107
54
30
99
44

3,547
49
140
110
16
14
232
1,038
567
119
56
64
201
112
58
21
103
47

3,864
41
27
9

4,157
38
28
9

4,454
44
29
8

4,990
92
17

5,424
90
17

5,753
104
14

2,398
44
5

2,618
41
5

2,758
38
5

(3)

(3)

(3)

14
374
1,317
961
250
96
154
315
131
89
94
155
92

6,620
61
70
54
1
16
428
1,376
1, 028
275
103
172
331
134
96
101
164
99

19
206
1,312
707
180
70
110
202
82
86
33
82
66

19
218
1, 435
753
192
74
118
213
85
94
34
84
68

21
236
1,534
804
205
79
126
225
89
101
34
88
70

17
239
1,808
814
196
86
110
224
66
126
32
121
65

17
254
1,982
881
210
92
119
244
68
140
36
130
72

14
279
2,088
934
227
100
127
260
69
152
40
131
72

5
119
896
328
100
35
65
65
24
26
15
54
30

5
134
997
357
106
38
68
70
24
29
16
57
32

5
138
1,053
376
112
41
71
74
25
32
16
60
34

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

632
5, 097
291
1,515
825
242
2, 224
11, 395
3,371
2,782
5,242
152

60
539
30
162
99
23
225
1, 867
875
508
484
18

63
598
31
171
115
26
255
2, 027
963
539
526
18

65
674
34
178
141
26
297
2,195
1, 036
587
572
18

67
153
9
38
17
11
79
284
61
15
208
2

68
163
10
38
19
11
85
293
59
15
220
2

69
170
10
38
20
12
89
314
65
13
236
2

52
286
12
76
31
18
149
666
163
197
307
5

54
306
13
79
33
19
163
741
174
215
352
5

56
330
13
82
36
20
179
761
179
213
369
5

16
392
15
123
63
16
175
711
220
94
397
4

17
422
16
125
72
16
192
769
233
101
435
4

18
447
18
128
81
17
203
837
255
99
483
4

56
451
18
173
51
17
192
1,017
161
310
546
11

57
488
19
181
59
19
210
1,116
169
351
596
12

59
538
21
185
83
20
229
1,164
185
355
624
12

24
214
8
82
33
7
84
571
134
218
218
4

25
234
9
84
41
8
92
613
144
223
246
4

26
256
10
85
50
8
104
642
153
233
256
4

20
21
22
23
24
25
26
27
28
29
30
31

587
4,341
262
1,431
628
215
1, 806
9, 809
2, 920
2, 392
4, 497
141

605
4,729
276
1,486
722
233
2,012
10, 645
3, 126
2,648
4,871
147

(3)

1,860

1,797

1,938

184

207

224

154

155

163

145

156

169

156

168

180

168

190

204

79

88

93

32

9,161
3, 470
5, 691

9,358
3, 353
6, 005

9,816
3,581
6,235

777
206
572

830
215
615

774
121
653

273
42
231

274
35
239

271
29
242

780
372
408

816
382
434

846
398
448

796
285
511

790
262
528

831
282
548

1,262
604
658

1,3C8
615
693

1,304
581
722

454
176
278

469
174
295

483
180
303

33
34
35

7,579

8,163

8,806

864

931

1,004

337

356

378

533

562

603

643

681

732

773

817

885

347

371

400

36

5,870

6,070

6,438

521

552

589

351

363

378

590

532

533

515

528

554

573

600

644

264

276

298

37

1, 501

1,639

1,889

238

262

304

69

74

84

120

132

153

130

140

163

149

163

188

70

76

88

38

[Millions of dollars]
Table 45.— Arkansas

Table 46.— Southwest

Table 47.— Oklahoma

1961

1961

1962

1963

4,502
2,701
41
262
3
251
8
162
405
504
118
58
60
155
40
52
64
98
47

4,675
2,883
37
264
3
252
9
178
440
539
127
61
66
163
40
55
68
103
49

4,858 19,569
3,012 | 12I561
34
302
265
708
2
254
671
9
37
762
186
462 2,506
565 2,488
592
133
66
249
342
68
165
801
244
40
229
58
328
68
434
106
201
50

1961

1962

1963

1962

1963

2,615
1,474
76
24
1
13
10
91
371
256
55
25
30
97
56
30
10
54
23

2 782
1,619
79
23
1
12
11
110
418
279
60
27
33
99
56
34
10
58
24

2,986 28,786 30,181 31,502
1,744 18,400 19,533 20,488
430
418
382
81
1,182
1,195
23
1,192
1
4
4
4
976
12
988
991
202
11
202
196
119 1,239
1,301
1,327
462 3,275 3,523 3,713
304 3,538 3,746 3,968
842
65
900
962
368
30
391
420
474
36
508
543
1,075
102
1,130
1,146
343
55
346
344
323
339
38
356
409
444
447
10
659
679
713
61
334
303
25
315

31
138
9
46
14
7
61
306
84
56
166
6

34
152
9
49
18
8
68
£"G
85
81
170
7

35
165
10
48
22
8
76
354
94
70
190

62

67

578
350
228

Table 48.— Texas
1961

1962

1963

20,437 21,351
13,262 13,934
302
270
720
718

Table 49.— New Mexico

Table 51.— Rocky
Mountains

Table 50.— Arizona

1961

1962

1963

1961

1962

1963

1961

1,888
1,290
25
104
1
54
49
95
96
198
48
21
26
57
30
19
8
52
21

1,953
1,334
24
96
2
52
42
101
94
208
53
23
30
58
30
19
10
54
23

2,920
1,917
60
107

3,181
2,098
54
110

3,340
2,208
54
109

107
219
278
355
86
41
46
64
30
24
10
75
34

110
240
314
387
94
43
51
68
30
28
11
79
36

(1)
109
207
344
417
102
46
56
69
30
28
11
85
39

9,539 10,336
6,200 6,619
156
154
282
269
25
22
94
91
163
156
524
556
1,083
1, 156
1,199
1,269
252
272
129
134
124
137
425
436
235
230
126
133
69
68
215
224
115
119

44
261
24
57
59
15
106
489
128
86
273
3

46
288
24
60
64
17
122
529
142
95
292

683
35
788
2,673
2,621
631
266
366
842
246
239
357
444
209

684
36
833
2,814
2,778
674
285
389
854
244
251
359
468
223

1,795
1,222
26
105
1
54
50
95
85
190
45
20
26
55
29
18
8
51
20

1962

Line

1963

1

10,667
6,918
153
274
20
88
165
533
1, 206
1,327
288
143
145
443
235
138
69
235
124

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

111
711
56
114
91
37
412
1,746
589
285
872
3

20
21
22
23
24
25
26
27
28
29
30
31

7

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
4,443
1,233
1,105
2,105
50

379
2,287
120
571
374
105
1,116
4,747
1,344
1,140
2,263
51

51
266
12
65
43
13
132
680
243
136
301
8

54
291
12
67
46
14
152
732
259
151
323
8

57
311
13
69
47
13
168
775
279
155
341
8

233
1,288
63
395
196
64
571
2,647
664
721
1,262
32

236
1,397
66
408
223
67
632
2,811
711
773
1,327
36

245
1,489
71
416
238
68
695
2, 999
774
792
1,433
37

30
178
10
25
23
6
115
388
129
88
170
3

30
200
11
25
34
6
123
413
134
95
183
3

32
199
11
26
25
6
130
444
149
98
197

3

41
234
22
54
51
12
96
434
117
79
238
3

73

761

814

870

114

120

127

544

577

619

41

46

47

62

71

77

229

248

262

32

567
327
241

606
354
252

4,572
1,611
2,961

4,492
1,465
3,026

4,447
1,362
3,085

790
289
502

750
230
521

742
213
530

3,052
1,059
1,993

2,983
956
2,027

2,940
863
2,077

274
108
166

275
105
169

278
110
168

456
155
301

483
174
309

487
177
310

1,404
453
950

1,606
632
974

1,515
542
972

33
34
35

269

289

311

3,641

3,859

4,145

581

595

637

2,542

2,693

2,892

174

192

207

344

379

409

1,224

1,366

1,472

36

289

301

324

2,049

2,176

2,338

425

445

475

1,288

1,376

1,478

127

131

139

210

226

247

734

763

804

37

57

62

72

639

692

787

109

117

135

417

453

512

43

46

51

69

76

88

250

266

304

38




3

100
626
50
110
80
36
350
1,435
504
219
713
2

105
682
54
113
88
37
390
1,599
532
271
796
3

SURVEY OF CURRENT BUSINESS

22

August 1JM54

Tables 52-62A.—Personal Income by Major Sources 1961-63
[Millions of dollars]
Table 52. — Montana

Item

Personal income
Wage and salary disbursements
_
Farms _
M in ing
Bituminous and other soft coal mining
("rude petroleum arid natural gas
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
Transnortation
Railroads __ _ _
_
Highway freight and warehousing
Other transportation.
_
.
Communications and public utilities
Telephone, telegraph, and other communieat ions
.
Kleetric, gas, and other public utilities.
Services
--- --Hotels and other lodging places
Personal services und private households. Business and repair services
Amusement and recreation
_. - Professional, social, and related services
Government
Federal, civilian
Federal, military
State and local
-_
Other industries
Oilier labor income
Proprietors' income
Farm
Nonfarm

- -

Property income

_ . ._

Transfer payments

_. _.

Table 53.— Idaho

Table 51.— Wyoirling

1961

1962

1963

1961

1962 | 1963

1, 345

1 558

1,553

1,242

1,351

818
29
38
1
9
99
(53
106
161
30
16
13

873
30
38
1
10
28
84
116
164
30

917
30
42
(3)
9
32
80

768

199

171
31
18
14
78
55
15
8
33

13
78

55
14
8
31 i

14
8
32

17 !
14 !
!
8
12
10 :
4 >
40
208 ':
00 ;
35 !
114 t
(3) !

219
(10
39
120
(3>

34 |

37

38

216 !
87 1
129

376 !
242
134 !

314
181 I
133 |

188

184

196 !

122

122

126

17
16
85
9
12
13
3
48
244
67
46 !
131
(3)

17
15

SO
9
12
12

3
44

1,366

824 !
41 i
19 !

20

iS
hi

26
14
12
51
33
14
4
28
14
14
73

13
6
4
46
164
46
25
94
1

!

19
82
158
158
28
15
13
53
34
15
4
28

j
!
i
!
!
;
|
'

14
14
79
5
13
5
4
52
176
44
28
104

1
i
;

831
44 ;
20 l
i
(«) j
19 !
54
166 1
163 |
30 !
16 i
14 !
54 •
34
16 !
5 .
29 1

;

1
i
|

14
15
83
5
12
6
4
56
18<»
50
30
109

i
I
;
i
•

i ;

29 [

31

j
;

!
'.

:
;
'•
1

i i

Table 55. — Colorado

1961

1962

773

810

834

490
17
55
2
3S
15
57
38
81
16
8
8
55
38
11
6
19

502
17
54
2
37
16
50
41
84
16
9 \
8
55 i
40 !
10
5 !
20

520 2, 824 2, 997
17
54
52
59
85
76
1
8
8
36
35
34
21
41
34
53
248
226
40
515 1
538
82
567
600
17
129
144
9
64
68
8
65 !
76
56
160 !
165
40
59 i
60
9 1
60 1
65
6
40 i
40
21
98
103

9
11
47
8
7
4
2
26
116
30
17
69

9
12
43
9
7
4
2
22
132
38
19
75

8
10
44
8
7
4
2
23
108
28
15
65

!
\
!
;
';
!
i
;
.
I
'

;

1 963

!
!

I
!
!
i
:
;
•

':
i
:
I
:
i
|
!
i
!
i

1961

1962

1963

1961

1962

1963

1901

4,340

4,618

4,831

1, 839

1,999

2, 083

57,748

3, 156 1, 300
14
47
84
76
14
8
34
12
35
58
236
91
9~4
560
240
628
59
154 ;
26
81
26
82
167
60 1
45
68 i
27
38 i
10
109 i
39

1,425
14
82
11
11
60
114
302
262
54

1,494

38,680
681
950
1
146
10°
2, 503
10,366
7,140
1. 778
803
975
1,872
550
616
706
1,078

54
43
335
24
00
43
19
189
633
206
123
304
1

57
46
i
360 i
!
2(5
1
62 i
i
48 i
1
20 i
l
:
211 !
!
720 i
I
222 1
i 1(53 1
1
342 i
i
1 |

61
4S
3S

?

62
48
20
226
794
243
165
386
1

:
i

19

1
J
I
!

51
321
164
22
136
3

()

101 i

108

268 !
126 i
142

262 '
128 j
133 ;

124 ,
55 1
69 |

128 i
62 I
66 j

126 i
61 i
65 !

636 |
175 1
461

133

152

164 i

107

124 j

134

566 I

615 i
154 i
462
i
672 •

108

109

114 i

366 |

I

i

1

!

!

32 ;

37 !

22 !

23 i

26

105

112

;

!
!
j
1

171

;

60

1902

1

69S
3^0
4. 720
2*0
808
996
720
1,848
8, 079
2,02s
1, 554
4, 495
153

(3)

;

(3.)

!

7^7

93

345 1
j

20
20
8
61
387
191

191 !
32
159

24

326

20
19
8
56
361
176
24
161

603 1
134 i
469

24 ;

57 !

23
20
117

56

21 1

56

22 i
19
110 ;

52

32 i

53 !

9~

102
is

11
9
58
111
318
283
56
28
29
88
46
31
12
42

85
46
29
10
41

21
18

i

i

237
104
133 j

Table 57.— Far West

Table 56.— Utah

j 1903

61,907

65,706

i 41,823 i 44,570
;
652 !
040
!
'>54 i
.),;•>
1
1 !
1
147 i
151
105 !
110
2, 777 !
3 078
11,344 I 11,873
7,681 ! 8.208
1,921 i
2 081
853 1
925
1,068 :
1, 156
1,973 i 2.046
559 i
557
674
717
!
740
772
j 1. 146 ;
1.223
742
405
5, 134
302
1)14
1.130
744
2,039
S, 7*1
2, 107
1,051
5, 024
159

:

'
;
i

!

:
:

7x9
433
5, 501
31 S
945
1.223
700
2, 249
9, 490
2.246
1, 008
5. 5S2
1(52

'
!
!
i
i
!
;

!

;

;

|

1,439

1,547

1,680

218 !
48 !
170

210
38 ;
172

6,645
1.240
5, 405

7,026
1,349
5, 677

7,163
1,242
5. 920

230

234

252

7,750 ;

8,172 !

8,793

126

131

141

4,729

4,965

5,386

59

64

74

1,495

1,626

1,885

!

Less: Personal contributions for social insurance

1

38 !

34 !

31

129

[Millions of dollars]
Table 58.—
Washington

Item

Personal income
Wage and salary disbursements
Farms
M in ing
Bituminous and other soft coal mining
Orude petroleum and natural s'as
Mining and quarrying, except fuel
Contract construction
_ ____
Manufacturing
Wholesale and retail trade
Finance, 0insurance, and real estate. .
Ban kin " and other finance
Insurance and real estate
TransDortation
.
Railroad^
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
\-inusement and recreation
Professional, social, and related services
Government
Federal civilian
Federal military
..
State and local
Other industries
-

Table GO.—
Nevada

Table 59.—
Oregon

1961

1962

19(53

1901

1962

1903

6,946

7,426

7,575

4,083

4, 324

4, 568

4, 689
74
12
1
1
11
312
1 327
864
194
82
112
271
92
71
108
110
81

5,070 1 5, 160
74
70
13
13
1
1
1
11
11
307
309
1,479 1,486
963
935
223
212
"87
92
130
125
294
284
93
93
81
79
120
113
119
118
85
80

2, 584
55
6

2,758 2, 948
59 !
58
8

34
451
20
77
09
25
255
1,203
321
245
037
26

30
32
403
449
29
25
74
79
66
73
23
33
230
216
1, 100 1,179
320
307
247
273
534 i
599
99
22

1961

1963

1
1961 j

49, 053

52, 317

1,521

1, 587

1,667

628

661

33,190
514
215

35,512
499
220

1, 132
70
1

1,184
68
(3)

1,242
66
(3)

515 1
(3) 1

539
(3) ,

9
4
3
34
28
56
10
5

2
5
3
35
25
57
12
6

911

1,104

1, 246

45, 808

655

806
9
20

920
9
21

30, 752
544

(3)
20
111
34
132
24
11
13
40
19
11
15

(3)
20
146
39
150
34
14
19
43
18
12
12
29
18

146
66
2, 028
8, 267
5,643
1,460
662
798
1,398
364
478
556
850
554

146
68
2, 190
9.048
6, 053
1, 573
704
869
1, 473
370
520
583
906
587

150
70
2, 428
9, 521
6, 495
1, 704
763
942
1, 526
368
555
603
975
632

8
265
64
19
53
103
26
147
41
35
71
(3)

10
281
68
21
43
117
31
170
46
37
87
(3)

302
3,864
181
729
870
603
1,481
6, 356
1,547
1,241
3. 568
124

344
319
4,154
4,486
191
205
767
796
969
1. 066
594
609
1. 809
1, 633
7,558
0, 933
1, 630
1,735
1, 309
1, 351
4, 472
3, 994
131 !
130

^s

( ? )20

1
105

160
783
561
112

50
56
167
76
58
34
91
51

60
176
78
64
34
98
54

197
826
60!)
120
56
65
184
78
09
37
100
54

70
31
108
19
9
10
37
18
10
9
20
13

40
247
16
49
37
13
•332
488
125
33
329
6

45
266
18
50
41
14
144
523
130
34
360
6

46
283
19
51
45
14
154
565
144
35
386
6

206
58
17
23
88
20
135
37
34
04
(3)

;

1962

1961

(;;)

52

1961

19(53

'>()

M

Table r,2A.—
Alaska

1 963

1 962

(3)_

6

Table 62.—
Hawaii

Table 61.—
California

1962

\

i
104
113
172
42
20
22
44

(=0
i
i
I
'
'
;

94
115
182
48
24
24
47

(3)

98
120
192
51
26
25
49

j
1962 1 1963

10 j

!

!

704

10

•
;

(3>

578

10§>

i
i
i
!
!
!

6
2
38
26
62
14
7

29 '•

30 i

31

7

7

!
1
!

:

,

1 •

8
36
29
15

8
39
31
15

8
40
33
16

14
112
16
19
18
9
50
442
148
180
114
3

16
122
17
22
20
9
54
475
152
192
131
3

17
129
20
24
20
8
57
502
160
203
139
2

3
32
4
4
9
1
14
279
105
120
54
0

92

i ;

i

8

1

->9 •

99

31 i
27 !

29
25 !

28
24

;
:
^
i
!

i
!
j
i
'.

4
36
4
4
12
1
14
299
110
121
68
6

!
i
i
1
!
1
i
\
j
i
i
i

5
37
4
4
12
1
15
325
120
127
7K
0

Other labor income

166

183

195

101

108

114

22

23

27

1, 150

1,232

1, 343

42

43

43

15

16 i

18

Proprietor's income
Farm
I\ r onfarm

811
188 i
023

868
213
055

836
180
050

615
113
502

647
118
529

656
106
551

97
8
89

124
10
114

137
10
127

5, 122
931
4,191

5, 388
1,009
4,379 !

5, 533
941
4, 592

132
11
121

132
11
121

140
11
129

47
2
45 :

51
2 i
49 '

52
2
50

Property income

857

890 |

957

535

566

609

108

124

136

6,250

6, 592

7,091

179

185

198

39 i

44 ;

47

Transfer payments

588

593

626

356

360

375

50

51

57

3, 735

3, 961

4,329

70

78

83

28

28

28

Less: Personal contributions for social insurance.

166

177

199

107

115

134

21

24

30

1,201

1, 309

1,522

33

35

39

16

17

18

- - - -

1. Data for 1929-53 are published in "Personal Income by States Since 1929," A Supplement to the Surrey of Current Business; for 1954-56 in August 1959 Survey; for 1957 in August 1960
Survey; for 1958 in August 1961 Survey; for 1959 in August 1962 Survey; and for I960 in August 1962 Surrey.
2. Totals include Alaska and Hawaii from 1960 forward.
3. Less than $500,000.

NOTE.—Detail will not add due to rounding.



SURVEY OF CUEEENT BUSINESS

A u g u s t 11 KM

23

Table 63.—Broad Industrial Sources of Personal Income, by States and Regions, 1963 l
Table 70.— Industrial Sources of Civilian Income Received by Persons for Participation in Current Production,
by States and Regions, 1963 l
[Millions of dollars]
Table 70

Table 03
StaU- and region

Total
personal
income

Farm
income l

United States-

461,610

15,718

New England.

29,780

Maine
New Hampshire
Vermont

Federal

State
and
local

54,283

37,039

3,563

_
_-

Massachusetts
Rhode Island
Connecticut

Government
income
disbursements ~2

11
38

14,

2,015 i
345 i
589 j

S,

Delaware
M ar y land
District of Columbia-_
Great Lakes

97,073

2,503

l 020 |
1,617 i

South Dakota._
Nebraska
Kansas
Southeast-

11,669

130 I
1,903 |
1, 126 i

828 i
405

i
!
i
|

729
494
713
115

280 !
445 |
477

195 !
433 j
656

120
255
426

74,360 i 4,212 j 11,369 | 6,095

Virginia
West Virginia.
Kentucky

8,907 i
3,348 |
5,545

179
38
440

Tennessee
North Carolina.
South Carolina,.

6,588

322 i
818
676 ! 1,066
215 I
639

8, 601

3,944

2,109
404
840

91,521

27,544 j
11, 024
5, 755
8, 594

1.319 I
6,516 |

1,1.13 !
7,242 j

31
87

90
538
83

78,995 I I

1

1,853 !
|

78,921

2,517

16,951
20,362 j
9,762 i

345
411
537

26,086 I

3,656

28,983

, 100
!, 640
!, 863

607
291
437
4, 906
6, 157
2,805

j
7,015 j

183

2,654 j
4,337 I
5,348 j
6,886 !!

3, 090

22,883 ! i

24,604 I

1,747

1,507

Montana..
Idaho
Wyoming.

1, 553
1, 366
834

208
169
77

Colorado...
Utah

4,831
2, 083

178
51

Far West..
Washington..
Oregon
Nevada
California
Alaska..
Hawaii..

15, 889
1, 254
2, 362

3,903 j 14,382 i

4,501 | 305

2,525 |

3,714 I

247

16,664 i 1,135
1,556 I

134

2,670 | 231

1,306 !
996
1,808 I
232
234
582 |
782 i

375
748

4,283 ! 2,620

683

5,940

373
527
450
290
436

3,340

2,012 | 6,221 I

218

2,344 |

10, 667

4, 801 !
1,390

2,237 i

4, 749 |

1,645

1, 381 |
456 :

330
401
185

1,970 I
4,434 i
1,886 |

3,378

4,105 !

327
686

290
674
238

Rocky Mountain.

483 ;

39
447

475 i
(580
434 |

1,115
132
227

2,756 !
3.482 I

1,483
803
1,122

448
284
428

21, 351
1, 953

833 ; 7,681 !
1,063 8, 523 I

513
127
327

Mississippi..
Louisiana. _.
Arkansas

464
1, 617
220
319

1,303 |

10,135 49,204

48,135

1,295

3,387

2,628

116

j

643

60 |
31
24

45
31
18

677

i
1,644 i
1,111 !

5,373 : 4,288
1,900 ;
799 :
1, 142

8, 824 !
2,718 j
3, 701 |

4,216 i 31,281 |

101
187

58,045 ! 4,287

16,947

165 I
1, 285 !
254 i
14,074 I

i

52,684

488
1,631 I

1,517
1,100
2, 386
3S

6,094 !
8,502 i

774
2, 730
347
432

448

6.056 I
4,349 |
8,469 j

5,546
8,721 !
3,804 i

242

19,024 | 16,922 |

210
150

328
47
174

4,989

584
955
490

1,716

I

2,192
969
1. 117

8/b

1. 218
1,742
944 j

4,858

I
477 j
407 !
17

373
110
275

j

367
515
300

31,502 j

4,074 j

41,166
15,286 I
21,957 i

Georgia...
Florida....
Alabama..

Oklahoma
Texas
New Mexico.
Arizona

8,365 j

43,720 M
15,757 1 1
22,826 1 1

716

69,308 j

Comj munica- '. Serv- > Govj t i o n s a n d j ices ; ern- ;
; public ;
; ment
; utilities ;

607
94
417

i

1,390 i
3,376 i
5,017

•
84 i
65
39

814

744
612
1,181 j
' 180 I

1,306

230

1,638
7, 329

1,770 j
1,691 !
819 I

36,534 | 3,595 i 4,001 2,852 i
8,152
0,399
10,900
1,300

22,761

23,149 106,263 |

1,456
1,096
632

1,383||

8,448 ! 7,127

' 997 i

Minnesota
Iowa
Missouri
North Dakota._

1,146
164
515

1,231 !
1,847

1,601 !

Plains

1,444
1, 127
631

Finance,
insur- Transance, ! pqrtaa n d r e a l ! tion
estate !

Contract i Mann- sale and
! Farms I Mining construe-; fac- j retail
tion l turing j trade

354,570 ! ! 363,707 ! 16,005 \

161
100
66

4,640

366 i
108 I
269

Total

2,152 1 23,838 |!

12,634 I 8,604 j

113,

Private
nonfarm3
income

11,087

13,565 • 11,675
0,975

428

2, 180

072

2.806

40
346
74

874

3,322 : 3,545 •
557
813
372 i

2,014 i 9,034

8,212

189

1. 877
2, 074
982

61
30

3, 143 '
801

16

808 ; 3,517 i 3,455

82

512 '
979 i
421

1.837 :

2,305 i
'888 I

1.337
290

1,394 j 1,625 |
330
217
455
43

'
i
!
[

42 !
147 !
160

40
101
244

2,834 | 2,719

30 !
69 i
Ill i

360
167
227

1,024
1, 226
504

245 '
288 i
137 |

251
286
81

179 !
108 !
114 |
j
96 !
144 i
66 |

336 |
653 !
194 !

312
373
178

68
158
68

457
932
396

84
285
115

4,110 |

5,160

1,333 | 1,260

779
3,617
265
499

190
914
79
150

185
934
65
76

836
592
1,085
108

!
i
!
j

817 i
567 f
903 |
145 |

453

;

164 !
335 :
524

1,519 | 7,261 ! 8,680

328 \
81 !
154 !

542 '
869
498

263
1. 168
129
261

2,680
1.300

1, 287
418
731

1,633
1, 190 !
1,250 |

1.416
219 !

1, 807 i
198 i
889

!

7
9
251

939 | 1,628
272 1
302
552
486 i

33
4
11

648 !
767 :
362 I

743
813
412

8
23
8

671 i
170 |
1,419 ! 1,230 ;
228
120 I
508 I
829 '

870 ;

39
62
10

346 ;
669 i
286

12
27
14

791 j 3,362 i 3,635

85

119
519
60
93

267
676
246

I
i
!
1

491
2,173
265
433

626 :

2,223 i
349
437

18
54
6

I
992 j

7,485

144
122
81
666
330

461
184

3,526

696

1,306

1,218 !
1.090 |
647 !

212
172
78

135
178
48

216
210 |
105

603
342

804
342

205
74

4,022

12,887

10,023

2,993

2,236

1,351 j

396
285
173
3,168

1, 599
904
43
10, 341

1,192

789
182
7, 860

311
185
59
2,438

324
207
46
1. 659

132
114 j
32 j
1.073 !

77
249

19
59

34

333
152 I

1, 518

65,706

1,845

7,778

6,370

49, 713

7,575
4, 568
1,246
52, 317

256
161
18
1,410

1, 072
497
127

5, 532

5, 933

3,487

3,675

6,082

715
423
94
5,138

1,007
39, 687

1,046
41, 006

267
433

80
147

355
1,010

704
1, 667

51,660 i 1,887

518 |
1.215 !

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.-—U.S. totals include Alaska and Hawaii.




394

8,383 i

41
116

138

260
o- i

32 i
23 |
121
47

55

1,063

1,473 S

137
139
66

199 I
160 i
114 !

!

634 j
366

(

7,875 1
702
470
334
6. 278
52
179 ;

964 i
533
134

6.244 <

38
14
1
257

200
302 •'

21
3

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.—U.S. totals include Alaska and Hawaii.

24
(Continued from page If)

for the year, or $1.9 billion if the special
issues of $702 million are not counted
as liquid.
The remainder of the aggregate increase of $2.6 billion in foreign holdings consisted primarily of an increase
of over $450 million in various U.S.
Government liabilities, of which the
largest were advances by foreign governments on military purchases here,
special nonmarketable obligations issued to international organizations in
connection with subscriptions, and nonmarketable nonconvertible issues held
by foreign governments.

SURVEY OF CURRENT BUSINESS

August 11)04

On the other hand, the increase of
foreign assets in the United States since
1950 was largely in short-term assets
and Government obligations ($19 billion) and in corporate stocks ($9.6 billion), with a smaller increase in direct
investments ($4.6 billion). Of the increase in the holdings of corporate
stocks, about $2 billion represented net
foreign purchases in the period and the
remainder resulted from rising market
valuations.

Another approach to an evaluation
of the significance of the changes in the
debtor-creditor position involves a comparison of the earnings derived from
investments. Earnings of U.S. private
investments abroad rose from $2 billion
ID 1950 to $5.6 billion in 1963, while
comparable foreign earnings ID the
United States rose from $500 million
to $1 billion. On this basis there was
clearly a considerable strengthening of
the U.S. international position.

Table 12.—International Investment Position of the United States, Total 1950, by Area
1962-63
[Millions of dollars]

Total




Latin
American
Repu )lics

Canada

Type of investment
1950

Overall Investment Position
The statement of international assets
and liabilities shown in table 12 is often
used as a measure of international
financial strength of the United States.
Although the sum total of U.S. foreign
assets exceeds the sum of foreign holdings here by nearly $37 billion (not
including as an asset the U.S. gold
stock), the types of assets and liabilities,
and their valuations, are so different
that the net difference, without qualifications, has little significance. This is
especially so when comparisons are
made over a long period of time.
On the asset side, a comparison of
1963 with 1950 shows that while private
foreign investments have expanded by
$47 billion, the gold stock has declined
over $7 billion, and the increase of $9.3
billion in U.S. Government assets includes over $6 billion payable in foreign
currencies of limited usefulness. Deducting these amounts gives an adjusted
increase in private and Government
assets of $44 billion. On the liabilities
side the overall increase from 1950 was
about $34 billion, so that the adjusted
increase in net foreign assets after 1950
would be about $10 billion.
The 1950-63 expansion of U.S. assets
abroad was largely in direct investments
($29 billion). While it is probably true
that the book values used are lower than
the replacement cost of assets or market
valuations of the enterprises, the extent
of the difference would vary so much
among industries and areas that no
overall evaluation can be made.

Western
Europe

1962 r 1963 p 1962 r 1963 P

1962 r

1963 P

1962 '

Other
foreign
countries

1963 P 1962 r 1963 f

International institutions and
unallocated
1962 r

1963p

U.S. assets and investments abroad,
total
31,539 80,343 88,15422,409 24,818 19,915 21,574 15,222 15,743 17,90421,110 4,893 4,909
'92 820 16, 057 15 -596

Gold vtock (not included in totdl)

19,004 60,025 66,366 14, 524 16, 993 19,90821,568 12, 111 12,368 10,645 12,630 2,837 2,807

Private investments
Lone-ten n

17. 488 52. 732 58, 256 12, 959 15, 352 18, 612 20, 255 10, 185 10, 380 8, 140 9, 463 2, 836 2, 806

11,788 37. 220 40, 645 8, 930 10, 351 12,13313,016; 8,424! 8,657! 6,092 6, 889 1 1,647 1 1 , 732
779 3,289! 3, 861 i
1, 692 6. 348 7, 35f
534
335! 358^ 1.104 1,284 1, 086 1 , 074
59
60
551
596;
24!
24
69
1 460
800
95 2 103
64;
65i 236
1,175 4,714 5. 145 2. 113 2. 319 2,3011 2.46li
300
401
577 1,081
104
694
878
965
75
390 l.%0 2, 815
746
762
234
460
238
311
246
201
977 1 678 1 520

Direct
Foreign dollar bonds
Other foreign 1 tone's 2
Foreign corporate stocks
Banking claims
Other

1

1, 516 7, 293 8,110 1,565 1,641 1, 296 1,313 1, 926 1,988 2, 505 3, 167

U.S. Government credits
claims

912
729

526
770

12,53520,31821,788 7,885 7,825
j
10 768 ! 16. 042H7. 146 7.211! 7.029

7

886 5, 101 5,848
630 2 19° 9 2(5'->

Reported by 1 tanks
Other
and

Long-term credits :i
Repayable in dollars 4
Repayable5 in foreign currencies etc
Foreign currencies and shortterm claims. _
IMF gold tranche position and
monetary authorities' holdings of convertible currencies

869
696

611 1,535 1,588 2. 171 2, 737
334
702
430
400
391

(*)

1

1
_

6 3,111 3,375 7,259 8,480 2, 056 2,102

n. a.

n.a. 13, 160

n.a. 5, 992

n.a.

n.a. 3, 986

n.a.

1,037

322 3,113 3, 395

578

587

4

3

1,445 1,163 1,247

96

209

3

3

2, 922 3, 133 4.940 5, 942

909 1,042

n.a. 3, 255

n.a. 1,042

n.a

na

n.a. 2,871
na
189

262

*> 687

242 2, 319 2, 538

23

2.5

1, 064 1,035

Foreign assets and investments in
the United States, total
17,635 46,280 51,478 26,490 29,876 7,350 7,767 4,018 4, 789 5,444 6,111 2,978 2, 935
Long-term

7,997 20, 216 22, 794 14, 369 16, 237 3,520 3,884 1, 223 1,393

Direct
Corporate stocks
Corporate, state, and municipal bonds
Other
Short-term assets and U.S. Government obligations

3, 391 7, 612 7,944 5. 245 5,491 2,064 2,183
2, 925 10, 336 12, 485 7,697 9, 307 1, 242 1,490

Private obligations
Reported bv banks
Other

702
657
181
1, 500 1,611 1, 663

439
988

460
979

(*}
214

(')
211

953 1, 097

151

141
785

112
935

162
563

158
687

49

76
221

77
269

40
188

48
204

102

183

______
117

9,638 26. 064 28, 684 12, 121 13, 639 3. 830 3,883 2, 795 3,396 4,491 5,014 2, 827 2, 752
6,477 13, 344 14,878 5,321 5, 827 1,899 2,018 2,431 2,901 3,170 3, 675

523

457

5, 751 12 579 14, 128 4,936 5,414 1,809 1,937 2,291 2,786 3,020 3,534
750
413
90
726
385
765
81 140 115 150 141

523
(*)

457
0)

U.S. Government obligations. _ 3,161 12, 720 13, 806 6,800 7,812 1,931 1,865

364

495 1, 321 1,339 2,304 2, 295

954
225 1,155 1,142 1,354
93
1,508 9,379 8,720 5,237 5, 348 1,540 1,051
Bills and certificates
682
698
89
799 61,134
125
708 e 741
389 6687
Marketable bonds and notes. 1,470 2,110 62,742
Nonmarketable bonds and
19S
768 1
893
251
notes
251
146
172
207
77
115
151
2
2
604
955
980 1,451
O t h e r - ..
183
1
• Revised.
Preliminary.
na Not available.
(*) Negligible.
1. Represents the estimated investment in shipping companies registered primarily in Panama and Liberia.
2. Consists primarily of securities payable in foreign currencies, but includes some dollar obligations including through
1962 participations and loans made by the International Bank for Reconstruction and Development. Subsequent to 1962
participations in IBRD loans are included under banking claims and "other" long term, according to country of obligor.
3. Excludes World War I debts that are not currently being serviced.
4. Includes indebtedness repayable in U.S. dollars, or optionally in foreign currencies when option rests with U.S. Government.
5. Includes indebtedness which the borrower may contractually, or at its option, repay with its currency, with a third
country's currency, or by delivery of materials or transfer of services.
6. New series "based on a Federal Reserve Board survey as of July 31, 1963. Data to reconcile the old arid new series are
not available.
7. Includes non-interest-bearing demand notes issued in payment of subscriptions to international and regional organizations (other than I M F ) , portfolio fund certificates sold abroad by Export-Import Bank, liabilities associated with Government grant and capital transactions (including restricted accounts), and advances for military exports and other government
sales. '

BUSINESS STATISTICS
A HE STATISTICS here update series published in the 1963 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 1959 through 1962 (1951-62, 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 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request. Except as otherwise stated, the terms ''unadjusted" and "adjusted" refer to adjustment
for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1961

| 1962 | 1963

1961
III

Annual total

1962
IV

I

II

Data from private sources are provided
1963

( '•'' '

III

I

IV

II

1964
III

| IV

III

I

II

"506 6

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
National income, totalf

bil. $--

Conipen c ation of employees, total

do

W'i(Tes and salaries total
do _ .
Private
-^°- -"Military
- -d°
Government civilian
do_
Supplements to wages and salaries
do
Proprietors' income totalcf
do
Business and professionalc?
_
do_
Farm
d°
Rental income of persons
do
Corporate profits and inventory valuation adjustment total
_bil. $
Corporate profits before tax, total.
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed, profits
Inventory valuation adjustment

_.do_ __
do
_ _do_
do
do
do.

426. 9

455. 6

478.5

429. 7

442.4

447.2

454.3

457.8

463. 2

467.9

474.6

481.9

490.0

498.4

! 302. 2

323. 1

340.3

304.7

310.7

316.6

322.4

325.3

328.0

332.7

338.1

342.7

347.7

35° 5

358 6

278. 8
227.0
10.2
41.6
23.4
48.2
35. 3
12.9
12.2

297.1
241. 6
10.8
44.7
25.9
49.8
36.6
13.2
12.2

312.1
252. 9
10.9
48.3
28.2
50.6
37. 6
13.0
12.3

281. 1
228.9
10.0
42.2
23.6
48.5
35. 7
12.8
12.2

286.8
233.2
10.8
42.8
23.9
49. 6
36.3
13.3
12. 2

291.2
236. 5
11.1
43. 6
25. 4
50. 0
36. 3
13.7
12.2

296. 6
241. 5
11.0
44.1
25 8
49. 9
36. 6
13.3
12.2

299.2
243. 5
10.7
45.0
26 1
49. 7
36. 7
13 0
12.2

301.6
244.8
10.5
46.3
26 4
49 7
36. 9
12 8
12 2

305.3
247.5
10.6
47.2
97 4
50 3
37 1
13 2
12 3

310. 1
251. 6
10.7
47.8
27 9
50 1
37 3
12 8
12 3

314 3
255. 0
10.7
48 7
9S 4
50 7
37 8
12 9
12 4

318 8
257. 6
11. 7
49 6
°8 8
51 5
38 93
13
12 4

393 2
°60 8
11.7
50 7
99 4
51 9
389 6
I 6
12 4

328
7
9
65 3
11 7
51 7
99 9
51 7
39 i
I 99 6
I 4

44.1

48.4

50.8

44.0

49.0

47.1

48.0

48.3

50.3

49 1

50 2

51 4

53 1

56 4

f 57 4

44.2
22.3
21.9
15.2
6.7

48.2
23.2
25.0
16.5
8.5
.3

51.3
24.6
26.7
18. 0
8.7
-.4

44.3
22.3
22.0
15.1
6.9
-.3

49.3
24.8
24.5
15.7
8.8
-.3

47.2
22.7
24.5
16.1
8.4
-.1

47.9
23 0
24.9
16.4
8.5
.0

48.1
23 1
25.0
16.5
8.5
.1

49 4
23 8
25 7
17.1
86
.9

48 9
23 4
25 5
17.2
83
2

51 1
24 5
26 6
17.7
89
— 9

51 3
24 5
26*7
17.9
89
2

54 3

56 6
95 4
31 9
19. 4
11 8
— 2

*>r>7
7>95
P
31
pl9.
f'll

-.1

9fi 0
9g 3

19.1
9 2
—1 2

4 ._
8
7
8
9
1

do

20.1

22.1

24.4

20.4

20.9

21.3

21.8

22 3

22 9

23 5

24 0

24 7

25 4

25 9

26 5

do

518.7

556. 2

583.9

522. 4

536.9

545.5

553 4

559 0

566 6

571 8

577 4

587 2

599 0

608 8

r g;[g (J

Personal consumption expenditures, total. .do

337. 3

356.8

375.0

339.1

345. 2

350.5

354.0

358.5

364.0

369.2

372.0

377.4

381. 3

390.0

r

43 7
17. 1
19.3
155.4
28.7
81.3
11.9
138 3
20.4
44 2
10.7

48.4
20.6
20.2
162.0
29.9
84.6
12.3
146.4
21.6
46.5
11.3

52.1
22.7
21.4
167.5
30.7
87.1
12.8
155 3
22.7
48 9
11.7

44 3
17.4
19.5
155. 7
28.7
81.4
11.9
139 1
20.6
44 4
10.7

46 0
18 6
19.9
157 8
29. 4
82.2
12.0
141 4
20 9
45 o
10.8

47 4
19 7
20.1
159 5
29 6
83.2
12 2
143 6
21 3
45 6
11. 1

47 7
20 3
19.9
161 0
29 7
84.1
12 2
145 3
21 3
46 2
11 2

48 4
20 5
20.3
162 9
30 0
85 2
12 3
147 2
21 7
46 8
11 4

50 2
21 8
20.6
164 4
30 2
85 9
12 5
149 5
22 0
47 5
11 5

51 1
2? 4
20.8
166 0
30 4
86 4
12 7
152 1
29 4

/y? 2

53 6
93 9
22.3
168 9
30 9
87 8
13 0
158 8

55 9
94 3
23.1
172 9
32 1
89 7
13 3
161 1

48 0
11 6

51 5
22 6
21.0
166 6
30 1
86 9
12 8
153 9
22 4
48 6
117

49 8
11 8

12 0

do

68. 8

79.1

82.0

71.3

74.9

77.4

78.9

80.2

79.9

77.9

80.2

82.8

87.1

85.9

...do. .
do
do
do
do_-

41 0
21 1
25.9
1.9

44 2
23 6
29.0
5.9
5.3

46 6
95 2
31.0
4.4
3.9

41 3
21 5
26.3
3.7
33

41 9

44 1
23 5
28.8
6.1
55

45 5
24 4
29.6
5.1
4 4

44 9
04 o
29.7
5.4
48

44 7
24 3
29.6
3.6.
30

45 9
25 1
30.7
3.6
32

47 2
25 4
31.4
4.2
37

48 3

4Q 9

27.4
5.6
52

42 5
22 5
28.1
6.9
6 4

Net interest
Gro^s national product, totalf _r

I)u able goods, total©
do
Automobiles and parts.
_. _ _ -do_ _.
Furniture and household equipment. _.do
Nondurable goods, total © _ _
do
Clothing and shoes
_ _ d o _ __
Food and alcoholic beverages
..do
Gasoline and oil
.do. _
Services, total©
_ _
do
Household operation
do_ _.
Rousing
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

1.5

92 1

29 (5
21.6
168 6
31 3
87 3
12 9
156 6
2° 9
49 2
11 7

93 Q

4.2
27 8
23.7

4.3
28 4
24.1

34
28 0
24.6

4 3
29 6
25.3

4 4
29 7
25.3

39
29 4
25.5

K

O1 A

4 2

58

25.4

26.3

26.8

26.9

26.8

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

108.0
57 4
49 o
50 6

116.3
62 9
53 6
53 5

122.6
64 7
55 2
57 9

107.9
57 1
48 6
50 9

112. 6
59 8
50 9
52 8

114.3
619 4
5 5

116.1
63 6
55 3

115.9 9
6 4
53 0

118.7
63 8

121.4
65 1

120. 9

122.8

124.8

125.2

59. 9

60. 9

By major type of product:f
Final sales, total
Goods, total
Durable goods
Nondurable goods
Services
Construction

do
do
do
do
do
do

516. 8
257 9
94.5
163. 4
200 8
58 1

550. 3
273 6
102.3
171.3
214 7
62 0

579. 5

518.7
258 8
95.4
163. 4
9
01 8

531. 4
264 8
98.4
166. 5

606. 4

Inventory change, total
Durable goods
Nondurable goods

do
do
do

1.9

9g5 g

108. 2
177.6
998 4
65 2

co 9

9QfJ g
CQ

538. 7

co r

CO

CO

C

A4 ^

(\A A

C

9""} £,

547.3

554. 0

561. 2

568. 2

573. 7

103. 5
170. 0

104.1
174.1

105. 0
175.8

111.0
175.5

583. 0
285. 7
106. 6
179. 1

A

91 9 9

101.4
172.6

592. 6
290. 3
110.4
179.9

63. 7

66. 2

67.8

114.3
183.9
239. 6
68. 6

6.9

6.1

5.1

5.4

3.6

4.2

:i

2.7

6.4
3. 0
3.4

2. 5
.7
1.8

91Q

0 Q

3.6 |

2

2.9 '
3.0
2.0
3.6
2.0
eflncludes inventory valuation adjustment.
9 Government sales are not deducted.

I9 2
r

87. 2

r

34. 6

r 5 7

Q

9('0

94. n

ol' r

100. 2
168. 7

7

4.4
5.9
3.7
5.6
J !
9 ^
3c\
30
2.0 '
29
2.' 9
I!4
2. 0
r
Revised, p Preliminary, f Revised series. Estimates of national income and product
and personal income have been revised back to 1961 (see p. 8 ff. of the July 1964 SURVEY);
revisions prior to May 1963 for personal income appear on p. 15 of the July 1964 SURVEY




Pj9 g

4 3

OA

33 2
90 6
13 5

9 9

4.4
30 7
26.3

Q

T 1 7r o

34.2
2.5

4.0
99 2
25.2

34

24.2

9A 9

32.4
6.4
6 0

27 6
23.0

90

C7 A
94 1

93 c

_ _ do_
do
do

4.6

396. 1
r

r

r

27. 9

129. 6
57. 0
62. 5

614.9
304. 3
119.0
1S5. 4
241.7
68. 9
3.7
1.2

parately.

S-l

SUKVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1962
and descriptive notes fire shown in the 1963
edition of BUSINESS STATISTICS

1961

1

1961

1962 1 1963

1962
IV

III

Annual total

August l!M'i4

I

II

1963
III

IV

I

II

1964
IV

III

1

II

III

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
G-ross national product totalf
bil. $

447.9

476.4

492. 6

450. 6

462. 5

469. 1

475.1

478. 3

483.0

485.4

487.9

494.8

502. 0

508. 0

Personal consumption expenditures, total.. do

303. 8

318.5

330. 6

305. 1

310. 0

314.2

316. 6

319.8

323. 6

327.0

328.6

332. 4

334. 4

340. 9

345 0 i

do
do
do

41.4
143. 5
118.9

45.7
148.3
124.5

49.3
151. 6
129. 7

41.8
143.9
119.4

43.7
145. 6
120. 8

44.8
146.6
122.7

44.9
147.8
123.8

45. 6
149. 1
125.0

47.6
149.5
126. 5

48. 5
150.7
127.8

48.6
151.1
128.9

49.4
152.5
130.6

50.8
152.1
131.6

53.1
155. 2
132.6

54.0
157. 4
133.7

do

57.4

65.9

67.7

59.4

62.7

64.8

65.8

66.3

66. 5

64.7

66.2

68.1

71.7

70.1

70.8

do
do
do

34.3
21.4
1.7

36.7
24. 0
5.2

37.9
25. 6
4.1

34.6
21.6
3.2

35.2

35.5
23. 2
6.1

36. 6
23.8
5.4

37.5
24.4
4.4

37.0
24.7
4.9

36. 8
24. 6
3.4

37.5
25.4
3.3

38.2
25.9
4.0

39.0
26.8
5.9

39. 6
28.1
2.4

39. 2
28.3
3.3

do

2.5

2.2

2.2

2.0

2.1

1.3

2.8

2.8

2.1

1.3

2.1

2.0

3.5

5.4

3.4

Govt. purchases of goods and services, totaL.do
Federal
do
State and local
do

84.3
44.8
39.4

89.8
49.4
40.3

92.1
49.7
42.4

84.0
44.6
39.4

87.7
47.0
40. 7

88 8
48.4
40.4

89.9
50.2
39.8

89.4
49.2
40.2

90.7
49.9
40.9

92.4
50.7
41.8

91.0
49.4
41.7

92.3
49.6
42.7

92.4
48.9
43.4

91.6
47.8
43.8

94.3
49.8
44.5

417.6
52.9
364.7

442.4
57.9
384. 6

464.1
61. 6
402. 5

420. 6
53.3
367. 3

428. 6
54.4
374. 2

434.7
56. 1
378. 5

441. 0
57.6
383. 4

444. 5
58. 5
386,0

449.7
59.3
390.4

455. 2
60.1
395. 1

460. 2
61.1
399.1

466. 3
61.9
404.4

474. 5
63.3
411.2

480.9
61.4
419. 5

487.9
* 56. 6
'431.3

27.3

27.8

27.5

28.2

29.1

28.0

29.4

27.5

26.4

25.9

27.1

27.0

29.9

29.5

Durable goods
Nondurable goods
Services

-

Gross private domestic investment total
New construction
Producers' durable equipment
Change In business Inventories

-

Net exports of goods and services

DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal
Income total
bll. $
T/ess1 Personal
tax and nontax pavments _ do
Fqiials1 Disposable personal Income
__do
Personal saving §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
tin ad justed quarterly or annual totals:
All industries
bll. $ .

99 7
^8

r

513 5

r

35. 2

34. 37

37.31

39.22

8.65

9.54

8.02

9.50

9.62

10.18

8.25

9.74

10.14

9.40

111.05

-' 11. 19

Manufacturing
Durable goods Industries
Nondurable goods Industries

do
do
_ do _ _

13.68
6.27
7.40

14.68
7.03
7.65

15.69
7.85
7.84

3.34
1.50
1.84

3.88
1.79
2.09

3.14
1.44
1.69

3.69
1.77
1.92

3.72
1.79
1.93

4.13
2.03
2.10

3.27
1.62
1.65

3.92
1.96
1.95

3.95
1.96
1.99

4.56
2.31
2.25

3.79
1.93
1.87

4.54
2.29
2.26

4.62
2.23
2.39

Mining
Railroads
-Transportation, other than rail
Public utilities
Communications
Commercial and other

do
do_ __
__ . do
do
do
do

.98
.67
1.85
5. 52
3.22
8.46

1.08
.85
2.07
5.48
3.63
9.52

1.04
1.10
1.92
5.65
3.79
10.03

.25
.16
.47
1.50
.78
2.16

.26
. 16
. 50
1.54
.88
2.32

.26
.16
.47
1.06
.88
2.06

.27
.26
.60
1.37
.93
2.37

.28
.24
.50
1.54
.87
2.48

.27
.20
.50
1.52
.95
2.60

.24
.21
.39
1.04
.85
2.26

.26
.28
.54
1.40
.95
2.41

.27
.29
.45
1.60
.93
2.64

.28
.33
.54
1.61
1.06
2.72

.26
.32
.51
1. 18
.97
2.37

.28
.38
.60
1.53

.28
.34
.53
1. 63

Seas. adj. qtrly. totals at annual rates:
r>
hi goo rf~1 ,dnstrles
' uraLue
, ., r~.~

T?
11 n a- -j-taiiroat.

--

,-L

do
-,

/\don

rf.t-i

Public utilities

do

BUSINESS POPULATION
Firms In operation, end of quarter (seasonally adjusted)
- thous

11.09

33.72

s 3. 79
1

34.70

35.40

35. 70

36.95

38.35

37.95

36. 95

38.05

40.00

41.20

42.55

13.65
6.10
7.55

14.00
6.40
7.60

14.20
6.55
7. 60

14.45
6.95
7.50

15.05
7.25
7.80

15.00
7.30
7.70

14.85
7.35
7.50

15. 30
7.65
7.65

15.95
8.00
8.00

16. 45
8.30
8.15

17.40
8.85
8.55

17. 85
8.95
8.90

18. 60
9.00
9. 5f>

1.00
.65
1.90
5.65
3.20
8.60

1.00
.60
1.95
5.55
3.35
9.00

1.15
.70
2. 05
5.15
3.70
8.75

1.05
.95
2.25
5.40
3.65
9.25

1.10
1.00
2.00
5.75
3.60
9.85

1.00
.80
1.90
5.45
3.60
10.20

1.05
.90
1.70
5.20
3.55
9.65

1.00
1.00
2.05
5.45
3.65
9.65

1.05
1.20
1.85
5.90
3.85
10.20

1.05
1.35
2.10
5.80
4.05
10. 45

1.15
1.40
2.30
5.95
4.05
10. 25

1.05
1.30
2.15
6. 15

1. 10
1.35

i 43. 35 - 44. 30

6.00

3 14. 85 3 15.05

< 4, 713

*4,755

4 4, 797

4, 760

4, 770

4, 780

4,790

4,800

4,815

4.825

4,835

4,850

4,860

4,875

31,791

33, 486

35, 710

8, 005

8,616

8,447

8,151

8, 312

8, 576

8, 603

9, 679

8, 383

9, 045

9,113

do
do
do

14,497
2,954
5, 401

16, 134
3, 044
5, 843

16, 931
2,897
6, 332

3, 826
695
1,346

3, 881
714
1,389

3, 948
758
1,412

4, 058
749
1,462

4,088
745
1 , 465

4. 040
792
1 , 504

4,017
747
1,529

4,197
731
1,578

4, 353
711
1,595

4, 364
708
1,630

4, 347
720
1,613

do
do

705
4,054

738
4,293

826
4, 522

174
1,034

174
1, 206

187
1,074

189
1,065

177
1,066

185
1,088

213
1,041

219
1,333

203
1,009

191
1, 139

202
897

...do
do
..do

4,180
1,599
1, 025
1, 556

3, 434
1,654
1,227
553

4,202
1,862
1,644
696

930
435
259
236

1,252
377
445
430

1 , 068
260
390
418

628
446
303
-121

771
417
208
146

967
531
326
110

1, 056
581
521
-46

1,621
451
598
572

512
236
302
-26

1, 013
594
223
196

1,334
463
226
645

do

30, 419

32, 394

33, 352

7,262

7,717

7, 706

7, 925

8, 408

8, 355

7, 655

8, 337

8, 528

8, 832

9,179

do
do

19,913
8, 525

20, 576
9, 508

21,938
9, 735

4, 987
2, 134

5, 121
2,187

5, 032
2,198

5. 237
2, 397

5, 288
2. 339

5, 019
2, 574

4,984
2, 432

5,459
2.421

5, 597
2, 375

5,898
2,507

6, 087
2,771

Foreign capital other than liquid funds (net). do

1.274
707

1,280
1,030

969
710

99
42

196
213

150
326

237
54

606
175

287
475

166
73

190
267

424
132

189
238

216
105

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

-1,372
-998

— 1,092
-1,111

-2,358
-286

— 743
43

-899
-332

-741

—226
-214

96
-430

-221
-460

-948
-124

-1,342
42

145
-277

-213
73

66
-108

Total net receipts or payments ( — )
do__ -2,370 -2,203 -2,644
Net receipts or payments (— ), incl. transactions in
non marketable, medium-term convertible Govt.

-700

-1,231

-748

-440

-334

-681

-1,072

-1,300

-132

-140

-42

-722

-1,148

43

-115

-42 «*-667

4, 895

U.S. BALANCE OF INTERNATIONAL

PAYMENTScft
Quarterly Data are Seasonally Adjusted
Imports:
Merchandise.
Military expenditures
Other services

-

Remittances and pensions
Govt. grants and capital outflows
Direct investments
Tvong-term portfolio
Short-term
\i ^ receipts recorded
Exports:
Merchandise
Services and military sales

-1.942

r

Revised. » Preliminary.
i Estimates for Apr .-June 1964 based on anticipated capital expenditures of business.
2 Estimates for July-Sept. 1964 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1964 are as follows (in bil. $): All industries, 43.92;
manufacturing, total, 18.25; durable goods industries, 9.05; nondurable goods industries,
9 20; mining, 1 09; railroads, 1.44; transportation, 2.21; public utilities, 6.03; commercial and
other (incl. communications), 14.90.
» Includes communications.

* Unadiusted
Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1963,
J
'
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

is

p 4, 550

p 6, 020

ap_789

based on incomplete data. tSee corresponding note on p. S-l (revisions prior to 3d qtr.
19(51 appear on p. 8 ff. of the Ju y 1964 SURVEY).
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product on p. S-l.
d*More complete details are given in the quarterly reviews in the Mar., June, Sept.
and Dec. issues of the SURVEY.
{Revisions for 1960— 2d qtr. 1961 appear on p. 10 of the June 1964 SURVEY.
a
Preliminary revision for 1st qtr. 1964 is —$75 mil.; other revisions will appear in the Sept.
1964 SURVEY.

SUEVEY OF CURRENT BUSINESS

August 1!>64
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963 v

Monthly
average

S-3
1964

1963
June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annualrates:f
Total personal income

464. 1

462.7

464.0

466.1

468. 9

472.7

473 8

477 1

2477.3
479 4

480 5

482 9

486 6

487 8 f 489 3

490 8

297.1

312.1

311.9

312.9

314.0

316.0

318. 2

318.3

320.0

320.8

323.6

325.1

327.7

328.7

r 330. 1

331.3

118.5
94.2
76 6

123.3
98.0
80 3

123.8
98.3
80 0

123. 7
98.2
80 5

123.6
98.0
80.9

125.0
99.4
81 5

125.4
99.7
81 8

125.1
99.7
81 8

126. 0
100.2
82 0

125. 6
100.0
82 4

127.1
100.7
82 8

127.4
101.1
83 1

128.8
102.3
83 7

128.7
102.3
84 2

r 129. 4
r 102. 7
r 84 6

129.7
102. 9
84 8

do__ _
do
do -

46 4
55.6
12 3

49 3
59 2
13 1

49 3
58 7
13 0

49 8
59 0
13 1

50.0
59.4
13 2

49 9
59.7
13 3

50 0
61.0
13 4

50 1
61 3
13 5

50 5
61 5
13 5

50 8
62 1
13 6

51 4
62 4
13 7

51 9
69 7
13 8

52 1
63 0
13 9

52 3
63 4
14 0

' 52 4

63.8
14 1

52 6
64 1
14 2

do__ _
do

36 6
13.2

37 6
13.0

37 4
12.7

12.9

37 8
12.9

37 9
12.9

38 2
13.2

38 9
13 2

38 4
13 2

38 3
12 8

38 7
12 6

38 8
12 4

39 0
12 5

39 1
12 6

39 3
' 12. 6

39 5
12.4

Tlentil income of persons
do
Dividends
---do
Personal Interest income
do...Transfer payments
do
Less personal contributions for social insurance
bil. $_-

12 2
16.5
30.0
34 7

12 3
18 0
32.9
36 7

12 3
18 4
32. 6
36 2

12 3
17 7
33.0
36 3

12 3
17.8
33.4
36 6

19 4
18 0
33.7
36 6

19 4
18.5
34.0
37 1

12 4
18 8
34.2
37 2

12 4
20 1
34.4
37 2

12 4
19 3
34.7
2
39 7

19 4
19 4
35.0
37 5

19 4
19 6
35.3
37 8

12 4
19 8
35.5
38 2

12 4
19 8
35. 7
38 0

12 4
19.9
35.9
'•37 6

12 4
20.0
36.0
37 7

bil. $__ M42. 4

Wage and salary disbursements, total

do

Commodity-producing industries, total.do
Manufacturing only
-do
Distributive industries
do__
Service industries
Government
Other labor income
Proprietors' income:
lousiness and professional
Farm

-

Total nona°ricultural income

do

1

10.3

11.8

11.8

11.9

11.9

11.8

12.1

11.9

12.1

12. 2

12.3

12.4

12.5

12.5

12.6

12.7

424 9

446 6

445 5

446 6

448 8

451 6

455 1

456 1

459 5

2 469 1

4AO K

466 1

4.fiQ 7

470 7

'472 1

473 8

3, 151

3 218

2 508

2 991

3 099

3 843

5 338

4 394

3 473

3 454

9 gn

9 610

9 533

9 314

2 512

9

3 425
1 886
1 539

3 373
1 692
1 681

9 354
870
1 484

9 414
773
1 641

9 434
781
1 653

9 294
793
1 571

2, 495
970
1, 525
418
827
254

FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments (48 States), totalt
mil. $._
Farm marketings and CCC loans, total
do
Crops
do
Livestock and products, total 9
do
Dairy products
_do__ .
M^eat animals
do
Poultry and eggs
- do__
Indexes of cash receipts from marketings and CCC
loans, unadjusted:!
All commodities
___
1957-59= 100__
Crops
_
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted :|
All commodities
1957-59= 100_.
Crops
do
Livestock and products
do --

3,006
1,339
1,668
403
971
269

3,077
1 420
1,657
403
9tr>9
275

2 492
984
1 508
413
826
244

2 864
1 951
1 613
398
936

112
117
108

115
124
108

111
112
110

118.3

963

2,969
1, 296
1, 673
389
984
284

3,512
1 806
1, 706
384
1 006
9
98

4,727
2 701
2,026
403
1 977
330

93
86
98

107
109
105

111
113
109

131
158
111

176
236
139

115
118
113

95
78
107

108
106
109

113
113
113

131
151
115

124.3

127.9

120.5

123. 8
123 4
118.1
130 0
112 2

4 01
2 46°
1 738
OQA

A AQ

4.1 7

OQQ

4.^9

qnn

90 e

977

941

9fi9

9^fi

9AH

915

156

198
165

126
148
i no

88
76

90
68

91
68

63

176
227
138

159
210

131
160

1°8
145

89
70

90
56

Q1

DO

52

48

101
84
114

128.3
19§ 7
126 6
131 4
111 4

129.9

127.1

124.5

125.7

128.3

129.0

r 132. 3

r 134. 2

127. 1

131 1
129 3
133 3
111 0

128.2
128.4
127.9
108.1

125 1
127.2
122 5
106.7

125.8
126.7
124 7
107.9

129.1
129.5
128 5
108.3

133 0 r 133 7
130.0
134.1
131.3
134.8
128 4 ' 131 7r 139 3
107.6 * 109. 8 r 111.6

135 4

r H3 0

197 4
128 1
126 4
108 5

4 97

JK9

93
85
99

OK

INDUSTRIAL PRODUCTION
Federal Reserve Index of Quantity Out-put
Unadj., total index (incl. utilities)
By industry groupings:
Manufacturing, total
Durable manufactures
Nondurable manufactures
Mining
Utilities __
_

1957-59=100..

By market groupings:
Final products, total
Consumer goods
Automotive and home goods .
Apparel and staples
Equipment, including defense
Materials
Durable goods materials
Nondurable materials
Seas, adj., total index (incl. utilities)^
By industry groupings:
Manufacturing total
Durable manufactures 9
Primary metals
Iron and steel
Nonferrous metals and products
Fabricated metal products
Structural metal parts
Machinery
Nonelectrical machinery
Electrical machinery
Transportation equipment
Motor vehicles and parts
Aircraft and other equipment
Instruments and related products
Clay, glass, and stone products
Lumber and products
Furniture and
fixtures
Miscellaneous manufactures
Nondurable manufactures
Textile mill products
Apparel products
_ _
Leather and products. _
Paper and products

118 7
117 9
119 8
105 0
131.3

124 7
124 4
125 1
107 8
140 7

128 8
129.8
127 6
111 3

120.5
121.0
119 8
105 3

do
do
do
do
do

119 7
119 7
125 9
117 7
119.6

124 8
125 1
134 3
122 2
124.2

127.1
128 1
142.0
123 7
124.8

121.7
121 3
124.3
120 4
122.6

123.8
124 3
105 7
130 2
122.6

130 0
131 7
135 4
130 5
126.3

131 9
134 2
148 6
129 6
126.9

127.7
128 5
147.7
122 4
126.1

125.3
123 9
141.7
118 2
128.5

126. 7
126 1
138 7
122 1
128.0

128.5
128 9
144 4
124 0
127.5

128 5
127 7
144 1
122 5
130.1

130.7 ' 130. 5 r 133 9
134 i
130 3 r 129 9
* 148 3 r 145 9 r 150 2
199 o
124 6 *• 124 9
131.5 r 131. 8 r 133. 4

127 3
126 •>
129
125
129. 7

do
do
do

117.0
114 1
120 0

123. 6
121 1
126 2

128.6
129 2
128.0

119.4
118 7
120.1

123.9
118 7
129.2

126.8
124 0
129 6

128.1
195 3
131 0

126.5
123.2
129.8

123.8
121 0
126.8

124.9
121 1
128 8

128. 1
125 3
131.0

129.6
127 4
131.8

r 132.6
r 131 2
r 134 0

133.9 r 134. 5
' 133 9 r 134 g
r 133. 9 r 134 2

127. 1
127
197
132. 7

r

r 13(5 4
r

134 o

do

118.3

124.3

125.5

125.7

125.1

125. 4

125.9

126.1

126.8

127.7

128.2

129.0

r 130. 5

••131. 3

r 131. 7

do

118 7

124 7

126 1

126 1

125 3

125 9

126 7

127 0

127 7

128 5

129 1

129 9

131 4

r 132 9

r 132

do
do
do
do
do
do

117.9
104 6
100 6
119.1
117.1
113.2

124.4
113 1
109 5
126.3
123.4
120.2

127.0
125.8
126 1
125.5
123.9
120.6

126.3
122 8
117 1
123.5
124.4
121.7

124.5
109 4
102 6
126.4
125.7
122.0

125.1
107 7
100 0
129.4
125. 6
122. 5

126.2
108 4
100 0
130.7
126.8
123.0

126.4
109 5
103 5
132.9
126.0
123.1

127.1
110 4
104 9
134.7
126.8
123.0

128.1
113 6
108 3
132.2
128.2
124.4

128.9
117 6
114 5
139.9
129.0
126.0

131.6
130.0
120 9 r 123 8
118 1 r 123 7
138.5
142.6
129.5
129.3
129. 2
127.8

r 132. 6

do
do
do

123 5
119.7
128.5

1?9 1
126.7
132 2

129 0
126.0
132 9

129 4
126. 8
132 9

130 4
128.0
133 6

131 6
130.2
133 6

139 o
131.1
133 3

132 8
132.1
133 7

133 4
133.5
133 3

134 7
135.2
134 0

133 6
132.9
134 5

135 9
136.7
134 9

137 5 r 138 5
138.1 r 139. 6
136 8 *• 137 0

r 141. 8

r 137 6

14')
143
140

118.3
134.1
103.9

127.0
146.1
109.5

130.3
153. 4
109.4

127.8
147.3
110.1

126. 1
143.0
110.5

127.7
145.5
111.2

130.3
150.5
111.8

130.4
151.9
110.7

130.8
152.4
110.9

130.8
151.9
111.1

131.1
153.0
110.8

130.1
151.1
110.6

133.0
156.2
112.0

' 134. 1
'157.4
>• 112. 8

134.7
157.8
113.4

135
158
113

123.0
111.1
106. 1
126. 8
122.2

130.2
117.5
109 0
133.1
124.9

130.3
118.6
106 3
132. 8
124.2

131. 0
119.7
105 3
135.0
125.7

131.1
118.6
108 5
134.8
126.1

132.4
119.1
109 6
135.3
126.8

132.5
120.4
112 2
135.3
126.2

131.9
120.3
HI s
136.4
127.1

132.7
121.2
110 6
137.6
127.6

132.2
121.2
112 2
137. 3
128.6

133.6
124.1
117 3
138.1
129.7

134.2
125.3
116 1
139.0
130.4

134.7
125.2
115 4
139.8
131.4

r
r
r
r

_._do
do
do
do
do
do
do
do
do
___do
do _.
do
do

119.8
125 1
125 0
125 8
126 4
115.2
116.2
117.1
117.6
118. 5
lf;5 5
124 9
196 9
118 9
126 9
102.3
99.6
99.8
99.9
102. 1
119.7
125.2
125.8
126.3
126.7
r
2
Revised.
*> Preliminary.
i The total and components are annual totals.
Italicized total for Jan. 1964 excludes stepped-up rate of Government life insurance dividend
payments to veterans; total disbursements of $172 million multiplied by 12 (to put on annual
rate basis) amounted to $2.1 billion . Figures for transfer payments and total nonagricultural
income reflecting similar exclusion are as follows: Transfer payments—$37.6 billion; nonagricultural income—$460.1 billion. fSee corresponding note on p. S-l. JRevised series.
Dollar figures and indexes of cash receipts revised beginning 1961 (indexes shifted to 1957-59




' 131. 7

do
do
do
do
do

f)

133 G

133.1

134. 5
131

127 1

r 196 6

r 127 8
r 136. 1
r 130. 3

125 7
136. 7

1\>9

r 130. 9

133
131

128.1

129.7
140 0

6
3
9
5

134.9
126.6
107 9

135
127

r 142. 7

M31.9

* 132. 0

145
134

134.
124.
114
140.

139 5
127 7
131 1 r 131 7 r 131 5
128 5
129 4
196 9 197 4
128 9
129 8
119. 4 ••119.2
119.4
119.5
119.9
120.4
119.7
118.8
119.8
118.9
132 6
129 0
129 4
127 1
127 3
128 5
131 7
131 8 r 130 5
104.9
100.0
101.2
103.6
102.9
97.8
99.3
96.3 '98.4
132. 9 r 134. 3
125. 9
129.8
127.0
127.6
130.4
127.3
128.7
129. 1
base). Physical volume indexes revised beginning 1955 to reflect change to the 1957-59 reference base and incorporation of latest Census revisions. Data prior to May 1963 appear in
the Dept. of Agriculture publication, Farm Income Situation, July 1964. 9 Includes data
for items not shown separately.
c^Seas. adjusted industrial production indexes for the total
and for industry and market groupings revised beginning Jan. 1961 to incorporate new seasonal factors; data prior to May 1963 will be shown later.
<• Corrected.

SURVEY OF CURRENT BUSINESS

S-4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

j 1963 P

August li>f>4

1963

Monthly
average

June

July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June ! July r-

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Quantity Output — Con.
Seasonally adjusted indexes— Continued 0
By industry groupings— Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59=100-.
Newspapers
do_ _Chemicals and products
_do_ _Industrial chemicals
do _
Petroleum products
_-do

114.6
108.5
136.1
147.5
112.9

116.4
108.0
148.5
162.5
117.1

118. 1
112.5
147.5
160.6
118.2

117.6
111.6
149.7
163.0
119.5

118.3
112. 8
150.5
164.2
117.6

118.4
113.7
152.4
166.5
117.0

117.8
111.9
153.2
168.3
119.0

118.5
113.2
154.3
169.3
118.5

121.3
119.2
154.3
171.6
116.6

119.5
113.9
154.7
173.1
116.0

121.2
114.5
154.5
173.3
119.1

123.6
123.9
121.8
117.2
117.1
115.2
157.0 ' 156. 6
155.2
174.9 ' 176. 7 173.4
120. 8 ' 122. 0
119.7

do
do
do
do
do _ _

130.6
113.5
113.8
111.5
112.0

138.9
116.4
116.7
114.9
115.1

137.0
116.2
116.4
115.6
115.4

136.0
116.7
116.8
116.7
117.9

140.1
116.8
116.9
116.6
116.8

142.5
116.7
117.5
112. 5
115.7

142.1
117.5
117.8
116.5
114.1

144.3
117.0
117.5
114.5
114.6

144.2
118.7
119.2
116.5
115.8

145.0
120.8
121.3
118.4
112.7

145.3
120.6
119.8
125.0
105.6

152.5
145.1
149.4
120.3
190.6 ' 120. 1
119.7 ' 120. 0 ' 120. 2
119.3
123.8
124.1
129.2
118.2
127.5

do
do
-do
do_ _.

105.0
95.3
105. 5
105. 1
112.6
109. 7

107.8
102. 4
107.9
108. 2
112.3
112.1

109.3
107.1
108.9
109. 5
112.8
113.9

110.2
107.1
110. 3
110.9
110.3
113. 5

111.2
108.0
111.3
111.7
11°. 8
113.4

109.9
106.2
109. 9
109.8
112.4
113.3

108.6
104.1
108.4
109.1
111.9
113.5

107.4
102. 1
107. 2
108. 1
112.2
113.1

107.0
103.4
106.2
106. 6
119, 9
113.4

108.8
104.0
108.3
108.5
116.4
113.5

108.9
99.2
109.1
107.8
118.8
114.7

108.8 ' 109. 9 '111.2 ' 111.8
106. 1 ' 105 1
94.5
98 7
109.7 ' 110. 0 ' 110.5
111.3
109. 0
111.1
109.6 ' 110. 1
119.8
124.2 'r 119.5
118.8
115. 0
116.8
114.3
119. 5

112 3
10*)
11°
112

_do__
do
do

131.3
133. 1
125.9

140. 7
142.5
135. 2

141.0
143.4
133.3

144.0
146. 8
135.4

144.0
146.9
134.6

142.3
145. 1
133. 4

140. 5
143.3
131.7

140. 0
143. 6
128. 6

142.3
146. 0
130.7

144. 5
148.3

143.4
146.5

144.8 ' 147. 5 ' 148. 3 ' 149. 5
148.3
152.3
151 3

149 0

do
do
do

119.7
119.7
125.9

124. 8
125.1
134.3

r
r

Automotive products
\utos
Auto parts and allied products

do
do
do

131.1
135. 9
124.9

141.1
149. 5
130. 1

<• 145. 6
159. 9
* 126. 9

Home goods 9
Appliances, TV, and radios
Furniture and rues

do
do
do

122.2
118.2
123.9

129. 4
124. 7
131.3

' 129. 7 ' r>9. 6

Apparel and staples _ _ _ do
Apparel, incl. knit goods and shoos do
Consume** staples
do
Processed foods
do

117.7
114.5
118.7
113.7

122. 2 ' 122. 5 ' 123. 1 ' 1 2 3 . 6
117.5
117.4
118. 7 r 119.7
123. 6 r 123. 9 r r>4 3 r 124. 7
r
r
116.5 * 116.3
116.7
115. 5

Beverages and tobacco
Drugs soap and toiletries
Newspapers, magazines, books
Consumer fuel and lighting
-

111.7
129 9
116.7
126.1

115.0 'r 118. 2 T' 120. 4
140. 0
142 6
139.6
117. 8 r 118.3 r 118.3
134.4 r 134. 6 ' 134. 7

do
do
-do _
do
do __
do

119.6
122.1
117.2
143.1
117.2
107.7

124. 2 r 123. 7 r 124. 2 r 125. 2 ' 126. 1
128.3
131 0
127 8 r 198 8 r 130 0
122.9
122. 8
123.6 ' 124.8 ' 125. 5
142. 4
142.2 r 142.3 ' 141.4 r 141.6
132.1
137. 5
128. 1 r 131. 5 ' 134. 5
121.6 '116.0 ' 117.6 r 122. 3 r 125. 7

do
do
do
do
do -

117.0
114.1
127.5
118.9
110. 4

123.6 rr 125 8 r 125 9 r 124.8 T 124. 9 r 125 4 r 125 6 r 125 9 r 126. 7 '
121.1
125.2 ' 124. 5 ••121.4 r 122. 0 r 122. 2
122.5 r 122. 6 ' 123. 0 '
137.2 ' 143.4 r 141. 1 r 135. 3 '138.6 ' 139. 5 ' 141.3 r 142. 8 ' 141. 9 '
125.4 ' 125. 7 r 126 1 ' 126. 8 ' 127. 5 r 127. 7 'r 127. 4 r 128. 7 r' 129 2 rr
116.3 '116.5 r 117. 5 ' 117.9 "•118.9 r 118.6
119.6
118.9 r 118. 9

do __
_ do _
do
do

120. 0
116.5
117.1
116.3

126.2 ' 126. 4
120.1 r 120 7
120.3 T 121 0
120. 1 r 19Q 6

Rubber and plastics products
Food** ?nd beverages
Food manufactures
Beverages
Tobacco products
Minin^
Coaf
Crude oil and natural gas
Crude oil
--

-

Stone and earth minerals

_

__ do

Utilities
Electric
Gas
By market groupings: ©
Final products total
Consumer goods
Automotive and home goods

Equipment, including defense 9
Business equipment
Industrial equipment
Commercial equipment
Freight and passenger equipment
Farm equipment
Materials
Durable goods materials 9
Consumer durable __
Equipment
Construction
Nondurable materials 9
Business supplies
Containers
General business supplies

do
do
do
do

111.7
Business fuel and power 9
do
104.9
Mineral fuels
do
129.9
Nonresidenttal utilities
__ _ _ _ do
BUSINESS SALES AND INVENTORIES §
1
Mfg. and trade sales (seas, adj.), totaljf
mil. $__ 65,078 i

1°5 1
125. 8

r 136. 2

r 127. 8

r

131.8

195 2
125. 7
' 133. 9

r

'r 140. 1

r

r
r

151.5
125. 3

' 125. 6
r
132. 7

r
r

127 4
190 0
119 9

r 120 1

196 1

' 196. 4
r 135. 4

141.4
151.3
' 128. 3
r

r

131.2

T 19tf

0

' 133. 1

r

118. 1

' 142. 5
r

r

118.6

135. 4

r

r 9

r

r

196 3 r l'>7 0 ' 126 9 r 19S 0
' 126. 3 ' 127. 3 r 126. 8 Tr 127. 9
136. 4 r 137.
139. 0
'138.3

142. 9 ' 145.8 ' 145.8 ' 146. 0 '146.6
155. 3
' 154. 8 ' 155. 1 r 155. 6
'153.3
r
129. 4 r 133. 9 <- 133. 5 r 133. 4 r 135. 2

r
' 134. 0 '134.8
133. 1
137. 3
131.3
131.3
'r 125.7 ' 128. 4 r' 128.4 r 127. 5
132. 1 133. 0 '134.4
136. 1 ' 138. 1
135.3

'131.7
r

r

'
'
'
*

145. 5 '144.3
156.5
152. 5
131.1 r 133. 4

r

128. 1

123. 2 r 124. 1 ' 123. 2
r
117.9 ' 120. 0 r 119.9
124.7 r 125. 3
124. 1
r
7
116. 7
117.6
116.9

r
115.2 '118.3
' 144. 5 r 143. 9
r
117.9 ' 117.8
' 135. 7 r 135. 6

' 127. 1

'
'
'
'

••124.4
r

r

125. 7
' 118.9

r 130.8

118 7 r 118 3
111.3 r 110 0
' 140. 2 r 141. 1

68,002

67, 983

69, 244

68, 250 68, 029

33. 308
17, 184
16. 124

34, 774
18, 071
16, 704

34, 942
18 242
16, 700

35, 641
18 746
16, 895

34, 736
18 160
16, 576

Retail trade, total t
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalfcf
Durable goods establishments
Nondurable goods establishmentscf

do
do
do
do
do
do

19.613
6. 245
13, 367
12, 158
5, 021
7, 136

20, 536
6,675
13, 861
12, 692
5.244
7,448

20, 486
6 630
13, 856
12, 555
5, 228
7, 327

20, 719 20, 666
6 773 6 562
13, 946 14 104
12, 884 12, 848
5,278
5. 297
7,551
7,606

r
T

129. 2 '130.4
124. 4
122. 9
125. 1
121 3
193 8 124 0

r H8 1

109 2 T 108 9
141.7 ' 142. 2

' 151.4 r 150. 9 1 ^
160. 3 ' 161 7 1G3
139. 6
136. 7

138. 6
131. 9
143. 5

126. 5 rr 128.6 ' 130. 2 '131.2 '
131 1
133 7 ' 135 8 ' 137 8
127.9
131.9
133 9 ' 135. 7
140.4 r 141.0 r 143 1 ' 141. 9
137. 8
135. 8
140. 8 ' 143.9
126. 0 ' 127. 6 ' 126. 6 ' 130. 7
r
128 1 199 3 r 130 6 ' 131.2 T
125. 8 'r 127. 3 ' 129. 0 ' 129. 8
144. 3
141.9 ' 144 1 '143.8
129. 6 r 130.4 ' 131 6 ' 132.9
123. 2 ' 193. 4 ' 193 8 ' 123. 5

118 7
109 3
143.5

132. 0
139 1
137. 4
143.6
141.9

132. 9
141

131 g
130.8
147.8
133 1
122.6

133 1
132

132 3 ' 132. 7 ' 133. 0
124 7
196 1 ' 126. 6
128. 1
I'M
127 0
125 7 ' 125 8 195 0

135

118 7 r 120 7 r 199 2 ' 1993 0
108 9 ' 110 3 ' 112 0 ' ll 7
144 5 ' 147 9 148.9

193
113

' 130. 6 ' 130. 8 '
9
' 125. 2 ' 194
193 6
125 5
r 195 1
' 195 6

119 1
110.2
142.7

J9Q

122.6
121.9
125.2
140 1
142 8 ' 144. 5 ~~147~8~
125. 1 ' 126. 7 ' 124. 7
126.0
138.7
136. 2 138 5

9

68,884

68, 338

70, 026

70, 992

71,013

705 649

71,787 '72,660

35 214
18 590
16 694

35, 9004
18 72
16, 732

36 021
18 476
17 545

36, 677
19,144
17, 533

36 235
19 027
17 208

36 222
18 887
17 335

37 015
37 167 '37,186
r
19 359 19. 138 19 179
'
18,
048
17, 836
17' 808

20, 426 20 716
6 606 6 941
13 820 13? 775
12, 931 12, 954
5,354
5,323
7,577
7, 631

20, 558
6 734
13, 894
12, 776
5,300
7,476

21 019
6 831
14 188
12, 986
5, 348
7, 638

21,000
6 855
14,145
13,315
5,436
7, 879

21 533
7 262
14 971
13,245
5,548
7, 696

21 223
6 939
14 284
13, 204
5,560
7,644

21 392
7 010
14 382
13, 228
5,506
7,722

34, 672
17 937
16, 735

198

r

'r 127. 0 '128.3 'r 127. 5 rr
132 4
133 9
128. 9
' 128. 5
140.2 r 141.6 r
r
139. 9 r 137. 0
131.2 '
' 134. 4 '131.6

r H8 1

139 "i
139 3
146

r

125. 5 r 125. 0 ' 124. 6 r J97 9 '127.2 r 19g '>
120. 4 -120.7
118. 7
123. 1
121. 5
1^7.0 '126.2 r 126.3 ' 198 8 ' 128 3 r 1°9 4
121.4 ' 120. 2 118.4 ' 19Q 8 ' 120. 2 119 9

132 0
13° 0
126. 6 -•127.3
141. 2
139.0
' 139.2 ' 139. 6

r
r

do
do
do

r
r
r
r

119.6
119.2

136. 4 r 137.7 r' 137. 1
128. 7
130. 1
130.7
139. 0 ' 139. 7 ' 141. 1

r

115. 6 r' 117. 2 ' 116. 5 118.5
142. 0 142. 7
142.2
140. 1
117. 1 '120.4 r 121. 5 ' 123. 7 r
134. 6 ' 135. 1 ' 136. 5 '134.7 '

127. 9 'T 128. 7 r 128. 8 rT
120. 7 122. 5 'r 122. 5
118.
1 r* 192
123 8
? 5
I99. 1 r 2 5 r 122 0 '

Manufacturing, totalf
Durable goods industries
Nondurable goods industries

120. 1

r

149 3
160 0
135. 2

125

121.4

198 1 r 198 7 r no 6 r 131 1 r 131 7
' 128. 8 'r 128.8 r 130 8 r 131.0 r 131 6
' 140.7
139.7 r 142.4 ' 143. 0 ' 143. 7

r

' r?8. 3 '
r
121. 5 r'
' 119 5
r
122 5 '

117.2 r H8 3 r H9 5 rr H9 9
109. 3 r' 110 9 r H9 2 r 113 0
138.8
138. 3 ' 140 3 140. 5

9

i 8. 5

128. 9
139. 7

124.3
117.2
158.2

'21,777
' 7, 218
r
14, 559
r
13, 697
' 5, 766
' 7, 930

72, 339

21 675
6 969
14 706
13,649
5,749
7, 899

Mfg. and trade inventories, book value, end of year
or month (seas, adj.), totalf
mil. $,_ 100, 271 104, 435 101,693 102, 134 102, 205 102, 535 103, 167 103, 926 104,435 r 104,839 ' 104,780 ' 105,029 ' 105,652 ' 105,786 105, 913
Manufacturing, totalf - Durable goods industries
Nondurable goods industries

- ._ -do
do
do

57, 753
34. 326
23. 427

60, 147
36, 028
24, 119

58, 706
35. 156
23, 550

58, 884
35. 346
23, 538

58, 917
35, 507
23, 410

27 938 98 691 28 124 28 259 28 148
Retail trade totalf
do
Durable goods stores
do
11. 728 11,965 11 614 11 673 11 604
Nondurable goods stores
do
16.210 16, 726 16 510 16 586 16 544
14, 580 15, 597 14. 863 14, 991 15, 140
Merchant wholesalers, totalfcf
do
8, 108
8, 276
8,447
8,321
8,255
Durable goods establishments
do
6,472
7,150
6, 587
6,736
Nondurable goods establishmentscf
do
6,819
r
p
Revised.
Preliminary.
1 Total and components are based on unadjusted data.
®See note marked "c?" on p. S-3.
9 Includes data for items not shown separately.
§ 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.
data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
Unadjusted
tSee note marked "t" on p. S-4 of the Nov. 1963 SURVEY. fRevised series. For a
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

60,108 60, 326 60, 531 ' 60, 598 60, 377
35,945 36. 079 36, 277 '36,300 36,471
24,163 24, 247 24, 254 '24,228 23, 906
28 147 98 357 98 651 98 691 '99 030 r9g 954 '98 969 '99 942 '99 205 299 465
11 605 ll' 664 11 856 ll'965 r 12, 109 r 12 103 r 12 936 12 340 '12 39Q I 387
16 542 16 693 16, 795 16 726 16, 921 16 851 !6 733 r!6 902 ' 16, 885 17 078
15,301 15,488 15,495 15, 597 15,818 15,719 15,734 15,879 ' 16, 053 16, 071
8,387
8,430 8,430
8,447
8,569 8 559 8 478 8,519 r' 8, 618 8 741
6, 914
7,065
7.058
7,150
7,249
7.256
7.159
7.360 7, 435
7.330
detailed description of the changes affecting these series and data for earlier periods, see
pp. 16-19 of the Dec. 1963 SURVEY.
cf Total manufacturing and trade sales and inventories
and merchant wholesalers' sales and inventories have been expanded to cover all merchant
wholesalers, including wholesalers of farm product raw materials; also, seasonally adjusted
data beginning Jan. 1960 for merchant wholesalers' sales and inventories revised to reflect
new seasonal and trading day factors. Revisions for earlier periods appear on p. 24 of the
May 1964 SURVEY.
59, 087
35, 536
23, 551

59, 322
35, 581
23, 741

59. 780
35, 704
24, 076

60, 147
36, 028
24, 119

59,991
35, 955
24, 036

SURVEY OF CURRENT BUSINESS

August 10(>4

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

S-5
1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

Mar.

Apr.

May

June

July

GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, total! §
ratio
Manufacturing, total §
Durable goods industries
Purchased materials
Goods in process
Finished goods

_
_

Nondurable goods industries
Purchased materials
_
Goods in process
Finished goods

1.51

1.50

1.50

1.47

1.50

1.51

1.50

1 52

1 49

1 48

1 48

1 49

1.47

r

do
_. do do
_ _ _ do
do

1.70
1.96
.62
.80
.54

1.69
1.94

1.68
1.93

1.65
1.89

1.70
1.96

1.70
1.98

1.68
1.91

1.71
1.95

1 67
1.95

1 64
1 88

1 66
1 89

1.67
1.91

1.63
1.87

57
77
54

57
78
54

57
.79
54

.56
.78
.53

"•1.63
••1.90
r
.57
.79
r
.54

1 63
1.90
57
.79
54

do
- do
do
do -

1.42
.60
.20
.62

1.41

1.37

1.40

1.40

1.36

1.34
.53

1.34
.53
19
.62

.38
.82
.18
.19
.60
.90

1.37
1.75
1.19
1.18
1.58

1.34

1 36
1 78
1 16
1.18
1 52
.93

Retail trade, total t§
_. _
do _._
Durable goods stores
do
Nondurable goods stores
-1 - - - -do
Merchant wholesalers, totaled . __
do-_ _
Durable goods establishments
do. _ _
Nondurable goods establishments cf
do _ _ _
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj.), total.- mil. $

.59
.80
.55
.59
.20
.63

.90

678

.59
.80
.54

.58
.79
.53

.60
.80
.55

1.41

1.39

1.41

.58
.20
.63

.58
.20
.62

.58
.20
.64

1.37
1.75
1.19
1.18
1.58

1.36
1.72
1.19
1.16
1.56

1.36
1.77
1.17
1.18
1.57

.90

687

.89

.90

592

605

.61
.81
56

1.41

.58
.20
.63

1.38
1 76
1.20
1.18
1 57

.91

682

.59
.79
.54

1.43

.59
.20
.63

1.37
1 68
1.21
1.20
1.58

.92

756

.60
.80
.56

1.44

.59
20
.65

1.39
] 76
1.21
1.21
1 59

.94

689

59
.80
56
1.37

.56
20
.62

55
20
62

.94

38
77
20
19
58
.92

789

683

1 37
1 75
1 18
1.20
1 58

56
20
64

.54
.19
.63

1.36
1 76
1 17
1. 19
1 52

1.37
1 76
1 18
1.20
1.55

.93

.95

.95

716

778

781

56
20
64

r

l 34
1 67
1 18
1 19
1 54

r

l . 46

r

.19
.62

r 1 71

1.16
'1.17
r
1.49
'.94

r
r

1.46

804

801

37 465

38 746

33, 308

34, 774

36, 527

32, 744

33, 761

36, 028

36, 821

35, 377

34, 594

34,110

36 818

37, 069

38 091

17, 184
Durable goods industries, total?
_ _ _ do
961
Stone, clay, and glass products
- _ _ do ___
2,835
Primary metals
do
1,522
Blast furnaces, steel mills
___ - _ -do
1,859
Fabricated metal products
do

18, 071

19, 599
1,069
3,342
1,905
2,019

17, 014

16, 880
1,035
2,755
1,454
1,990

18, 278
1,042
2 788
1,421
1,986

19, 180
1,089
2,928
1,484
2,054

18, 457

18 118

19 471

2 745
1,405
1 807

17,595
788
2 967
1, 591
1 777

19 208

2 852
1,468
1 881

3 158
1 715
1 911

3 223
1,737
1 906

781 20 593
20 242 '19
1,074
987 r 1,017
318 3 322
3 370 '3
1,766
1 843 Tr 1,815
1 975
2 077
1 989

2,517
2,742
2,392
2.301
Machinery, except electrical _ __
do _ _ . 2,366
2,585
2,301 2,398
2,364
Electrical machinery _ _ _ _
_ do
2,179
4,848
5, 165
4,453
4, 679
3,648
Transportation equipment _
do _ _
3,154
1,841
3, 405
2,806
3.060
Motor vehicles and parts
- _ _ do
583
614
557
569
524
Instruments and related products _ _ __ do - Nondurable goods industries, total 9
- do __ 16, 124 16, 704 16, 928 15, 730 16. 881
5,832
5,961
5,577
5,797
5,637
Food and kindred products
-_ do
383
377
409
401
390
Tobacco products.
do
1,452
1,201
1,427
1,378
1,263
Textile mill products
do
1,355
1,314
1,366
1,254
1,388
Paper and allied products
do
2,526
2,632
2,396
2,568
2.449
Chemicals and allied products
__ . do
1,475
1,435
1,433 1,451
1,478
Petroleum and coal products
do
772
805
712
736
710
Rubber and plastics products
do
34, 942 35, 641 34, 736
Shipments (seas, adj.), totalf
do
By industry group:
18, 242 18, 746 18,160
Durable goods industries, total 9
- do
962
914
948
Stone clay and glass products
do
2, 857
3,148
3,159
Primary metals
do
1,807
1,815
1,479
Blast furnaces, steel mills
do
1,874
1, 866
1, 925
Fabricated metal products
do
2, 565
2,497
2,530
Machinery, except electrical
do
2,433
2 461
2,531
Electrical machinery
do
4,814
4,979
5,056
Transportation equipment
do
3 182
2,997
3, 284
M'otor vehicles and parts
do
582
600
588
Instruments and related products
do
16,
576
16,700
16,
895
Nondurable goods industries, total 9
do
5 81 6 5 820
5 835
Food and kindred product^
do
375
393
374
Tobacco products
do
1,405
1. 364
1, 379
Textile mill products
do
1,323
1,328
1,379
Paper and allied products. _ _ _
do__
2,515
2, 611
2, 529
Chemicals and allied products _ _ _ . do
1,482
1,477
1, 462
Petroleum and coal products
do
752
793
737
Rubber and plastics products
do
By market category:
2
2
3, 296
3,478
3,287
3,407
3, 313
Home goods and apparel
do
2
7, 002 2 7, 258
7, 168
7,278
7, 258
Consumer staples
do
2
4, 167 2 4, 242
4, 167
4,351
4,381
Equipment and defense prod., excl. auto.do
2
2
3, 620
3, 406
3, 140
3.
571
3,738
Automotive equipment
_ _
do
2
2, 770 2 2. 796
2, 793
2,771
2,844
Construction materials and supplies
do
2
12, 932 2 13, 594 13, 738 14, 013 13, 621
Other materials and supplies _ _
do
Supplementary market categories:
2
2
1,416
1,414
1,336
1,380
1,417
Consumer durables
do
2
2, 091 2 2, 096
2,034
2, 179
2, 353
Defense products
do
2
3, 252
3, 292
3, 095 2 3, 215
3, 215
Machinery and equipment
do
Inventories, end of year or month :f
3
57, 419 ^ 59, 738 58, 997 58, 568 58. 681
Book value (unadjusted), total
do
33, 891 35, 565 35, 483 35, 187 35, 301
Durable goods industries, total
do
23, 528 24, 173 23, 514 23, 381 23, 380
Nondurable goods industries, total
do
3
57,753 •560,147 58, 706 58, 884 58, 917
Book value (seasonally adjusted), total
do
By industry group:
34, 326 36, 028 35,156 35, 346 35, 507
Durable goods industries, total $ _ _
do
1,506
1,492
1,535
1,544
1,491
Stone, clay, and glass products.
do
5,873
5,831
5,873
Primary metals - - _ _
do
5,828
5,918
3,494
3, 455
3.533
3,459
3,528
Blast furnaces, steel mills ._ ._ do 3,861
3,933
3,879
3, 927
3, 999
Fabricated metal products
do
Machinery, except electrical
do 6,712
6,486
6,910
6. 6?7
6,759
5,055
Electrical machinery
_
do -~
4,970
4,900
5, 009
4, 968
7,331
Transportation equipment __ _ do __ 6,799
7 311
7,237
7 370
2,413
2,610
2,595
Motor vehicles and parts
do
2,636
2,731
1,405
1,365 1 1,468
Instruments and related products, -do
1,434
1,416
r
2
Revised.
1 Advance estimate.
Based on data not seasonally adjusted.
3 Total
and components are end-of-year data, t See note marked "f" on p. S-4 of Nov. 1963 SURVEY.
§ See note marked "f" on p. S-4.
<? See corresponding note on p. S-4.
*New series. Represents estimated total value of durable goods products directly exported by durable goods manufacturers; data prior to Oct. 1962 are not available. t Revised
series. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introduction of the Annual Survey of Manufactures as the new benchmark, revision of sample de-

2,595
2, 559
4,553
2,791
625
17, 750
6,241
385
1,515
1,453
2,736
1,456
799
34, 672

2,544
2,522
5,268
3,544
610
17, 641
6,184
383
1,501
1,427
2,674
1,442
856
35, 214

2,470
2,484
5,221
3,512
610
16, 920
5,983
394
1 456
1,359
2,509
1,424
763
35 004

2,489
2,577
2 784
2,254
2,490
2 593
4,940
5,237
5 306
3,311
3,387
3 455
537
636
599
16, 476 16,515 17,610
5,946
6,171
5,913
339
393
333
1 356 1 315 1,457
1,302
1,398
1,304
2,743
2,573
2,369
1,492
1,498
1,521
767
836
784
36, 021 36, 677 36, 235

17, 937

18, 590

18, 272

Shipments (not seas, adj.), totalf




do

947
2,944
1,586
1,877

999
2,727
1,543
1,785

960

798

842

873

' 2, 939
' 2, 440
r 5, 304
r
3, 495
'604
' 17, 684
' 6,r 247
399
r
1 428
r
1
390
r
2, 953
T 1,501
'863
r
37 186

3,101
2 600
5,513
3,615
632
18, 153
6,472
426
1 534
1 469
2,851
1, 524
924
37 015

19 359 '19 138
952 r r 929
3 154
3 174
1 719 r \ 732
1 943 r \ 9Q6
9 738 r 2 782
9 530 r 2 530
5 931 r 5 056
3 468 T 3 979

19 179
944
3 092
1 644
1 910
2 826
2 466
5 2?0
3 426
597
17, 836
6 317
399
1 459
1*401
2 734
1 516
861

2,896
2,957
2 555
2 498
5, 285
5,619
3 748
3 487
611
609
17, 598 17, 849
6 120
6,101
368
379
1 477
1 463
1 403 1 497
2,992
2 803
1,484
1,421
901
833
36 "9 37 167

1. 401
1, 395
2, 578
1 451
772

986
2,904
1,469
1 943
2.615
2 385
5,158
3 362
589
16, 624
5 870
384
1,363
1,373
2, 576
1 428
794

18, 476
977
953
2,892
2,981
1 512
1 570
1 913 1 910
2 582
2 652
2 432
2 369
4 9966
4 909
3 123
3 34
591
594
16, 732 17, 545
6 193
5 961
379
403
1 400
1 466
1, 366
1,415
2, 578
2,640
1 409
1 475
836
781

19,144
1 018
3,067
1 605
1 994
2 737
2 479
5 117
3 297
606
17,533
6 247
365
1 465
1,368
2,703
1 455
815

3, 201
7, 337
4,314
3, 573
2, 762
13, 485

3, 207
7,288
4, 376
3,797
2. 933
13,613

3 169
7 382
4, 286
3 635
2, 907
13, 625

3 473
7 672
4,435
3 538
2,811
14, 092

3 519
7 686
4, 566
3 710
3,002
14,194

3,395
7, 490
4,483
3, 728
3,119
14, 014

3 387
7, 607
4, 445
3,716
2, 967
14, 100

1,372
2, 133
3,272

1,368
2,167
3, 293

1 356
2, 132
3, 258

1 454
2,169
3, 362

1 469
2,231
3,428

1,468
2,181
3,344

1 476
2, 095
3,409

58, 837
35. 370
23, 467
59, 087

59. 026
35. 300
23, 726
59, 322

59, 445
35, 359
24, 086
59, 780

59, 738
35, 565
24, 173
60, 147

60,094
35,875
24,219
59,991

60, 486
36, 173
24,313
60, 108

60, 661
36, 394
24, 267
60, 326

60, 807 "•60,950
36, 60S r 36, 785
24, 199 '24,165
60, 531 '60,528

60, 682
36, 795
23, 887
60, 377

35. 536
1,551
5 849
3,496
3,889
6 763
4, 997
7 378
2, 667
1,446

35, 581
1,517
5 861
3, 500
3,913
6 800
5, 043
7 256
2,669
1,454

35, 704
1, 535
5 903
3, 532
3,917
6 839
5, 066
7 220
2, 595
1, 452

36, 028
1,544
5 918
3,533
3,999
6 910
5, 055
7 331
2, 610
1,468

35,955
1,539
5 908
3 519
3,971
6 926
5,073
7 272
2, 61 4
1,480

35, 945
1,535
5 914
3,511
3, 965
6 869
5,088
7 359
2, 663
1,477

36, 079
1,536
5 972
3,561
3,978
6 891
5, 039
7 4'?5
2, 702
1, 503

36, 277
1, 551
5 954
3 547
3, 971
6 955
5, 094
7 446
2,716
1, 527

'36,300
'1,579

36, 471
1,592

938
2,742
1,392
1 855
2,610
2 370
4,897
3 155

16, 735
5 916

377

19, 027

18 887

3 034
1 649
2 Oil
2 674
9 463
5 075
3 331

3 039
1 615
1 967
9 696
2 505
5 018
3 310

999

593

17, 208
6 049

353

1 405
1,362
2 735
1 474
836

940

616
606
17,335 17, <808
6 ->0'')
6131
394
' 387
1 472
1 460
1,404
1 363
2 746
2 827
1 520
1 445
873
811
3 415
7 766
4, 572
3 879
2, 916
14 619

r 611

' 18, 048
r 6 3'>5
r 3g9
r 1 481

r
r

1, 395
2,818
r i 546
'853
r 3 594

r 7 865
r
4, 618
r 3 676
r 2, 934
r
!4 569

3 445
7 871
4,579
3 844
2, 912
14 364

1 461
1 483 T 1 482
2, 233 ' 2, 198 2, 185
3, 501
3,407 r 3, 483

6 014
6 021
' 3 594 3 625

3, 956
r 6 963
7 028
5, 062
5, 067
' 7 389 7 408
' 2, 713 2, 700
1,551
' 1,540
sign, refinement of industry reporting, expansion of industry groups published, and revision of
seasonal factors. In addition, data by market groupings are presented for the first time. Data
for shipments and new orders not seasonally adjusted are adjusted for trading day variation.
Revisions back to 1947 and a detailed description of the current revision appear in the Census
Bureau publication, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised."
9 Includes data for items not shown separately.
r 3, 951

SURVEY OF CURRENT BUSINESS

S-6
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

End of
year

August 1064

1963

June

July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

10, 817
2, 256
2,973
1,967
15,001
1,926
5, 253
4,539
10,261
1,790
3, 704
919
24, 247
6,195
2,344
2,821
1,797
3,902
1,801
1,129

10, 830
2,280
2, 962
1,930
15, 112
1,902
5, 361
4. 583
10, 335
1, 772
3, 726
-933
24, 254
6,165
2, 363
2, 789
1,789
3, 926
1, 768
1,131

May

June

July

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALESJNVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month — Continued!
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries — Continued
By stage of fabrication:
Materials and supplies 9
mil.$__ 10,571
2,333
Primary metals
do
2,968
Machinery (elec . and none lee.) ...do
1,782
Transportation equipment
do
14,129
Work in process 9
do.
1,816
Primary metals
do
5,034
Machinery (elec. and nonelec.) do
4,142
Transportation equipment
_ .do
9,593
Finished goods 9
-do
1,721
Primary metals
do
Machinery (elec. and nonelec.)- do__ _ 3,381
824
Transportation equipment
do
23, 427
Nondurable goods industries, total 9 do
6,080
Food and kindred products
do
2,391
Tobacco products—.
do
2,608
Textile mill products
do
1,688
Paper and allied products
_ _do
Chemicals and allied products
do_ __ 3,600
1,809
Petroleum and coal products
do__
1,138
Rubber and plastics products
do
By stage of fabrication:
9,770
Materials and supplies
do
3. 304
Work in process
do
10,246
Finished goods
.
_ -do
By market category:
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
_ ._
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
Defence products
Machinery and equipment
New orders, net (not seas, adj.), totalf ._
Durable goods industries, total
Nondurable goods industries, total
New orders not (seas adj.), totalf ._._
By industry group:
Durable goods industries, total 9
Blast furnaces steel mills
Fabricated metal products
Machinery, except electrical
Flectrical machinerv
Transportation equipment
Aircraft and parts
Nondurable goods industries total
Industries with unfilled orders©
Industries without unfilled orders'!

10. 879 10, 766 10,810 10,981 10,917
2,212
2,259
2,198 2,203 2. 232
3, 083 3,089
3, 009
3,028
3, 001
2,012
1,956
1, 943
1, 873
1,C90
14, 857 14, 629 14, 740 14,591 14,579
1,901 1,877
1,808
1,818 1, 852
5,232
5,199
5,223
5.172
5,249
4,422
4,467
4, 566
4,414
4,468
9, 949 10, 040
P, 852
10, 292
£,847
1,742
1,749
1,779
1.765
1,758
3.707
3, 510
3, 512
3, 587
3.575
869
908
847
859
898
24, 119 23, 550 23, 538 23,410 23, 551
5, 952
6,000
5,917 5,979
0, 028
2, 341
2, 362
2.314
2, 389
2, 339
2.G89
2, 668
2, 886
2,661 2, 6CO
1,728
1,800
1,743
1,711
1.725
3,722
3,694
3.718
3,667
3,818
1,736
1,834
1,835 1.852 1,830
1,164 1,155
1, 157
1,167
1,173

10,821
2,233
2,989
1,958
14,828
1,895
5, 305
4,402
10, 306
1,780
3, 705
912

10, 878
2,251
2,954
1,989
14, 639
1,845
5,288
4,386
10, 064
1, 765
3,601
881
23, 741
6, 057
2,317
2,800
1,757
3.734
1,788
1.159

10, 880
2,256
2,992
1, 960
14, 648
1, 882
5,260
4, 363
10. 176
1, 765
3, 653
897
24,076
6. 060
2.345
2. 895
1,772
3. 769
1,795
1,167

10, 879
2, 259
3,009
1,956
14, 857
1,901
5,249
4, 467
10, 292
1, 758
3. 707
908
24, 119
6, 028
2.314
2, 886
1, 800
3, 818
1,736
1,157

24,036
6, 052
2, 357
2,846
1,792
3,872
1,775
1,125

10, 786
2,232
2,992
1,952
14, 875
1,898
5. 251
4,499
10, 284
1,784
3.714
908
24, 163
6. 136
2,374
2,839
1,792
3, 894
1, 786
1,127

c

'10, 828 10, 897
' 2, 249 2, 245
2, 989
3, 027
' 1, 928 1,938
15, 208
1, 970
1, 971
' 5, 348 5,388
r 4, 523
4, 515

' 15, 127

r

' 10, 345 10, 366
' 1, 795 1, 805
' 3, 688 3, 680
>-938
955
'24,228 23, 90fi
r 6, 137
5, 978
r 2, 353
2, 320
r 2, 768
2, 763

1,133

1,808
3, 903'
1, 735
1, 134

9,769
3,479
10, 871

9,679
3,328
10,452

9,718
3,354
10, 559

9, 694
3,364
10,648

9, 660
3,347
10, 544

9,844
3,344
10. 553

9, 826
3, 428
10. 822

9, 769
3, 479
10. 871

9,666
3,452
10,918

9,661
3,403
11,099

9,632
3,446
11,169

9,534 r 9, 528
3, 459 r 3 452
11.261 "•11,248

9, 463
3 496
11,017

6,389
9,525
12, 363
3,245
5, 290
23, 335

6,083
9,470
12,042
3,221
5,072
22, 818

6,005
9,525
12, 149
3,248
5, 076
22, 881

6, 040
9, 438
12, 172
3.331
5, 146
22, 790

6, 149
9,447
12, 249
3, 268
5, 099
22, 875

6,179
9,502
12, 189
3,258
5.135
23, 059

6, 321
9, 571
12,277
3, 200
5,189
23, 222

6, 389
9, 525
12. 363
3,245
5.290
23, 335

6, 242
9, 597
12,303
3,241
5,311
23, 297

6,231
9,730
12, 288
3, 299
5, 296
23, 264

6, 226
9,780
12, 305
3,347
5, 290
23, 378

6,313
9,782
12, 370
3,359
5, 352
23, 355

6, 228
9, 552
12, 488
3. 338
5.377
23, 394 '.'.'.".'.'..'.

2, 722
2,804
2,955
5,' 343 5,583
5, 552
8,098
8, 245
8,539
33, 167 35, 036 35,833
17,085 18, 300 18,867
16,082 16, 736 16, 966
. _do _ 33, 167 3 35, 036 34, 425

2,797
5, 647
8,317
32, 829
17,089
15, 740
35, 207

2, 855
2, 865
5, 496
5,571
8, 365
8,343
33, 779 36,217
16, 946 18, 502
16,833 17,715
34, 930 34,991

2,923
5,490
8,395
36, 601
18, 883
17, 718
35, 354

2, 923
5,502
8, 485
35, 174
18, 140
17, 034
34, 953

2,938
2,955
5,466
5,583
8, 558
8,539
34, 045 35,010
17, 623 18, 558
16, 422 16, 452
35, 619 37, 148

2,931
5, 465
8, 524
37, 539
19, 927
17, 612
36, 657

2,917
5, 457
8,550
37, 508
19, 951
17, 557
36, 547

2, 964
5, 429
8. 673
38, 517
20, 662
17, 855
38, 184

' 2. 938
r 5, 394
' 8, 677
-37,859
•-20,095
r
17, 764
-37,893

18, 622
3,013
1,590
1,910
2,669
2,410
5,094
1,272
16, 732
4,528
12, 204

18, 113
2, 964
1, 529
1,858
2,617
2,477
4,680
1,189
16, 840
4,635
12, 205

17, 974
2,938
1,456
1,914
2,741
2,463
4,327
801
17, 645
4,835
12, 810

19,740
3,147
1,641
2,043
2,808
2,687
5,433
1,730
17, 408
4,531
12,877

19, 499
3,074
1,685
2,018
2,763
2,574
5,179
1,537
17, 158
4,486
12, 672

19, 262
3,103
1,675
2,007
2,771
2,547
5,164
1,421
17, 285
4,552
12, 733

20,461
3, 641
2,077
2, 071
2,938
2,520
5,607
1,605
17, 723
4,678
13, 045

••19,945
' 3, 175

do
-do
do
do
do
do

5, 955
9,515
11, 828
3,001
5,042
22,412

do
do
do
do
do
do

do
_do
do
_.do
do
do
do
do
do
do

r 1,801

r 3, 935
r 1.767

' 6, 296
r 9, 745
' 12, 361

' 3 34°

' 5, 353
'23,431

2, 956
5, 401
8,788
39, 200
21, 058
18, 142
37, 745

17,085
2,718
1,400
1,848
2,364
2,285
4,484
1,342
16, 082
4,124
11,957

18, 300
2,959
1,592
1,886
2,574
2,410
4,970
1,398
16, 736
4,411
12, 325

17,682
2,650
1,277
1,950
2, 524
2,437
4, 698
1,151
16, 743
4,301
12, 442

18,275
2,605
1,262
1,875
2,608
2,414
5, 246
1,678
16,932
4,560
12, 372

18,060
2,486
1,198
1, 950
2, 529
2. 568
5,005
1,484
16,870
4,490
12, 380

18,244
2,712
1,371
1,808
2,608
2.263
5.430
1,754
16, 747
4,495
12, 252

3,273
7,000
4,155
3,162
2,767
12, 809

3,339
7,257
4,368
3,578
2,803
13, 691

3,502
7,174
4,204
3,487
2,828
13, 230

3,438
7,263
4,304
3,646
2,919
13, 637

3,581
7,277
4,592
3,484
2,917
13, 079

3,177
7,334
4,424
3,553
2,712
13, 791

3,199
7,298
4,069
3,806
2,938
14, 044

3.136
7, 371
4,289
3,611
2,807
13, 739

3,503
7,682
4,133
3,475
2,723
14, 103

3,444
7,700
4,991
3,728
2,967
14,318

3,455
7,495
4,607
3,714
3, 113
14, 273

3,444
7,593
4,495
3,797
2,983
14, 235

3,396 r 3, 480
7, 756 ' 7. 859
4,858 r 5, 323
4,040 * 3, 641
3,038 '3,017
15, 096 ' 14, 573

3,385
7,880
5,008
3,893
3,001
14, 578

1,434
1,899
3,292

1,416
2,397
3,334

1,426
2,357
3,307

1,312
2,466
3,415

1,379
1,922
3,441

1,387
1,968
3,273

1,514
1,476
3,612

1,420
2,673
3,617

1,520
2,401
3,413

1,505
2,177
3,455

1,485 r 1, 492
2,367 r 2, 482
3,610 r 3, 929

1,411
2, 126
3,877

19,912
3,463
1,933
1,992
2, 982
' 2, 956
' 2, 571 2,460
' 5, 538 5,316
r 1, 646
1,293
'17,948 17,833
' 4, 739 4,740
r 13, 209 13, 093
r 1, 727
r 1, 968

By market category:
Home goods and apparel
do
Consumer staples
do
Fquip and defense prod., excl. auto _ _ d o _
Automotive equipment
do
Construction materials and" supplies
do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
totalf
mil $

1,325
2,081
3,090

1,404
2,156
3,326

46, 242

49, 149

49, 836

49, 916

49, 945

50, 131

49, 902

49, 696

49, 149

50, 049

50, 760

51, 199

Durable goods industries, total__
do
Nondur. goods indust. with unfilled orders©-do

43, 666
2,576

46, 193
2.. 956

46,929
2,907

47, 004
2,912

47. 086
2,859

47, 306
2, 825

46. 999
2, 903

46, 684
3, 012

46, 193 47, 154
2, 895
2,956

47,863
2,897

48, 341
2,858

51, 626 '52,018 52, 474
48, 764 '49,076 49, 543
2,862 ' 2, 942 2,931

46, 784

Unfilled orders, end of year or month (seasonally
adjusted) totalf
mil $
By industry group:
Durable goods industries, total 9
do
Primary metals
_do
Blast furnaces, steel mills..
__do
Fabricated metal products...
do
Machinery, except electrical.
do
Electrical machinery
do
Transportation equipment
_do
Aircraft and parts
do
Nondur. goods indust. with] unfilled orders©-do
By market category:
Home goods, apparel, consumer staples.. -do
Kquip. and defense prod., inch auto
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary market categories:

49, 796

50, 052

49, 542

49, 552

49, 982

50, 140

50, 132

49, 796

50, 083

50, 586

50, 697

51, 679 '52,004

44, 094 46. 676
3,761 3,930
2,057 2,120
3,944
4,062
6,304
7,027
7,114
6.964
18,062 19, 368
13, 570 14, 446
2,690
3,120

47, 285
4,737
2,960
4,204
6,628
7,053
19,507
14, 913
2,767

46,745
4, 220
2, 417
4,180
6,711
6, 991
19. 430
14, 880
2,797

46, 695
3,862
2, 150
4,191
6,764
7,122
19, 481
14, 819
2,857

47,070
3,822
2,102
4, 124
6,780
7, 062
19, 998
15, 199
2, 912

47, 169
3,859
2, 172
4, 104
6,884
7.058
20, 060
15, 189
2, 971

47, 076
3,930
2,193
4. 059
6,933
7,111
19,869
14, 985
3, 056

46, 676
3,930
2,120
4, 062
7,027
7, 114
19, 368
14, 446
3, 120

47, 072
4,022
2, 168
4,081
7,069
7,153
19,724
14, 723
3,011

47, 644
4,169
2, 281
4, 099
7,072
7,337
19,805
14, 919
2,942

47, 805
4,082
2. 203
4,190
7,169
7,383
19, 821
14, 990
2,892

48, 840
4,485
2,525
4,311
7,325
7,347
20, 294
15, 305
2,. 839

'49,225
' 4, 513
' 2, 540
r 4, 366
' 7, 421
' 7, 402
'20,443
'15,301

1, 736
24, 713
4,868
15, 467

1,924
26, 248
4,942
16, 938

1,955
26, 075
5,027
16, 485

1,987
26, 484
5,133
15, 948

1.989
26, 664
5,116
16,213

1,977
26, 483
5,111
16, 569

1,945
26, 502
5,017
16, 668

1,987
26, 197
4, 986
16, 626

1,908
26, 534
4,952
16,689

1,994
26, 598
4,967
17, 027

2, 061
26, 555
5, 044
17, 037

2,016
27, 059
5,123
17,481

1,912
' 1, 997
'27,404 27, 824
'5,167
5,204
' 17, 436 17, 641

1.987
26, 197
4,986
16, 626

1,325
1,315
1,318
1,194 1,407
18, 148 18, 724 19, 419 19, 347 19, 399
9,828 11,186 10, 482 10, 549 10, 650
l
2
3 D ata for t otal and com' Revised.
Monthly average.
Advance ( estimate
ponents (inch market categories) are monthly averag es based on new o rders not seasonal lyadjusted.
fSee corresponding note on p. S-5.
91]nicludes clatafor i terns no ; shown sepa©Includes textile mill products, leather a]ad prodiicts, pap er and a lied pro 3ucts,
Digitized forrately.
FRASER
Defense products
Machinery and equipment..



do. _
do

52, 581
49, 785
4,798
2, 748
4,426
7, 578
7, 428
20, 461
15, 158

' 2, 779 2,796

1,440
1.313 1,352
1,408
1,254
1,338
1.410 ' 1,418 1,354
1,407
19, 746 19. 625 19,429 18, 724 19, 062 19,365 19, 363 19,613 '19, 670 19, 607
10, 754 10, 931 10, 928 11, 186 11,326 11,348 11, 442 11, 622 '11,931 12, 306
andprinting a nd publishing inc ustries; i infilled c>rders for other nc ndurabl( 3 goods iiidustries
are ze ro.
11"or these industr ies (food and kiiidred pr oducts, tobacco iproducts apparel
pro 1ucts, an d rubber
andn>lated pro)ducts, petroleum and coal product s, chemic als and a Hied
c
Corre<2ted.
and p lastics p *oducts) sales are consider*^d equal to new orders.

SURVEY OF CURRENT BUSINESS

August 1964

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

S-7
1964

1963

Monthly
average

June

July

Aug.

Sept.

Oct.

Jan.

Dec.

Nov.

Feb.

Mar.

Apr.

May

June

15,495
16, 086

17, 676
16, 064

17,365
16, 242

16, 394
15, 932

16, 856
15, 797

1,241

1,320

1,197

1,075

1,157

109
204
211
572
145

131
210
212
625
142

101
201
216
554
125

92
179
188
501
115

123
219
146
563
106

July

GENERAL BUSINESS INDICATOR S— Continued
BUSINESS INCORPORATIONS d*
Now incorporations (50 States and Dist. Col.):t
Unadjusted
number

15, 171

15, 534

15,060
15,536

15,959
15,431

1 5,277
16,093

13,824
15,689

16,808
16,275

12,975
15,759

15,472
15,867

INDUSTRIAL AND COMMERCIAL
FAILURES <?
Failures total
number-

1,315

1,198

1,211

1,155

1, 135

1,051

1,262

1,115

998

112
225
215
629
134

114
200
201
557
126

120
158
206
591
136

101
180
173
590
111

108
210
187
522
108

113
189
167
467
115

133
207
217
578
127

129
198
186
479
123

91
198
176
433
100

86,151 120, 509
7,614
9,559
11,925 31, 350
30, 552 45, 955
20, 697 26, 463
13,418
9, 127

65,233
5,304
12,394
18, 748
19, 341
9, 446

85,918
6,579
21, 522
28, 149
15, 644
14, 024

91,834 262,112
10, 758
4,171
12, 981 20, 325
32, 777 197,942
23. 603 26. 832
11.715 12, 842

68, 427
3, 764
13, 935
22, 662
16, 849
11,217

54.5

59.4

Corn rnercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade

_.

do
do
do
do
do

_

Liabilities (current), total
thous. $_.
Commercial service
do
Construction cr
do
A'Tanufacturin and mining
do
Retail trade
do
\Vhole^alc trade
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. _

101,133 112,716
7,831
7, 425
20, 295 19. 280
33, 333 46, 475
29, 143 24. 947
10, 531 14. 589
i 60. 8

i 56.3

57.8

57.1

59. 6

18, 825
16, 193

1,217
109
201
205
570
132

96, 731 123, 935 110,999 112,884
5, 721
7,238 11,686 10, 355
22. 166 14. 933 20, 776 27, 872
29. 649 26. 260 20, 762 30, 650
27. 376 22. 680 19,515 28, 151
11.819 52, 824 32, 260 15.856

93,419 144, 496
10, 245 SO, 909
14,687 15,349
37, 782 1 7, 951
23. 291 21,694
7.414
8, 593

55. 1

51.2

53.9

55. 3

56. n

51.3

49. 4

53. 2

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm productsO-__1910-14=100._
frops
Commercial vegetables

do
do

Feed grains and hay
Food grains

do
do

Fruit
_
.Oil-bearing crops
Potatoes (incl. drv edible beans)
Tobacco
Livestock and products
Dairy products
Meat animals
_ _
Poultry and eggs
Wool
-

__do _
do
_ __.do _ _
do
do
do
do
do
do

__ __

Prices paid:
All commodities and services
do
Family living items.
__do _ _
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)!
1910-14=100

244

242

241

243

242

242

242

242

237

243

240

239

236

235

232

234

231
243

237
231

244
246

237
238

939
189
276
171
213

935
205

941
250
274
158
224

941
254
264
164
226

243
270
254
166
230

949
9
~86
\
249
164
229

941

9

43
230
267
168
225

948
235
271
168
218

9

41
240
274
168
170

234
237
274
163
162

9
94
9

303
9
65
144
478

300
268
1 50
488

999
9
63
1 56
490

9Q3
''60

316

^~'

4. on

191

%1

301
9
46
392
489

272
247
307
489

943
979
979
150
9
65

934
269

9
24
9
65
274
154
274

9Q7

99-

9

9
60
9

994

69
147
281

9~Q

9 fix

144

136
301

1 31

294
934
264
133
299

234
040
275
139
293

283

283

282

282
300
9
69

'-{0/1

153
226

164
224

169
215

170
205

232
194
2<1
168
206

296
248
157
530

279
258
157
494

319
9
58
149
499

256
181
496

274
955
200
479

264
953
161
498

979
964
140
495

255
253
310
145
252

245
253
290
146
9
69

239
231
295
134
280

249
940
308
138
275

250
°51
303
142

950

9f>0

294
149
9
56

248
269
9
86
148

280
294
270

283
298
9 73

283
298
272

284
299
273

283
298
273

283
9
97
273

282
297
272

282
298
9
71

282
298

283
298
2 70

283
299

970,

307

312

312

313

312

311

311

311

311

313

qi q

313

qi o

2 79

2

77

74

7K

3 107. 6

9()9

1()9

223

9g9

71
144
490

9Q0

146
970

78

77

78

78

78

78

78

76

70

105.4

106.7

106.6

107.1

107.1

107.1

107.2

107.4

107.6

3 107.6
4
107.7

105 4
106 1

106 7
107 4

106 6
107 3

107 1
107 5

107 2
107 6

1Q7 1

107 8

107 2
108 1

107 4
108 4

107 5
108 5

107 6
108 4

103 2
103 6
101 8
102 1
115 2

104 1
104 Q
102 1
101 5
116 6

104
104
102
101
117

0
8
0
2
7

104 6
105 5
102 1
100 5
118 1

104
105
102
100
119

104
105
102
99
120

104
1059
10
103
120

104 7
105 4
103 1
103 2
121 0

104 9
105 6
103 0
102 1
120 3

104 9

do
do

102.8
110 9

103.5
113 0

103.3
112 9

103.5
113 1

103.6
113 3

103.7
113 5

104.2
113 7

do
do
do
do

103 6
101. 7
104 1
105.0

105 1
100.2
103 8
111.0

105 0
98.4
102 8
115. 6

106 2
100.2
103 3
118.7

106 0
101.4
104 2
114.2

105 4
101.5
104 3
108.1

104 9
100.4
104 6
106.3

Housing.. __ _ _ _
Shelter?*
Rent
- -_ __
. __
Homeownersbip*
Fuel and utilities*
Household furnishings and operation*

do
do
do
do
do
do

104. 8
105 6
105 7
105. 6
106. 1
101.5

106 0
106 9
106 8
107.0
107.0
102.4

105 9
106 8
106 7
106.8
106. 7
102.4

106 0
107 0
106 7
107.1
106. 7
102.4

106 0
107 0
106 8
107.1
106. 4
102. 5

106 2
107 1
107 0
107.2
107.0
102.7

Apparel and upkeep*
Transportation
Private
Public.

do
do
do
do _

103.6
107 2
105 9
115 4

104
107
106
116

104
107
106
116

104
107
106
116

5
8
4
6

104 7
108 3
106 9
117 1

105
"*07
106
117

do
do
do
do

109. 4
114 2
106 5
109.6

111.4
I1 7 0
107 ()
111.5

111.7
117 3
108 0
111! 5

111.9
117
4
1
()8 0
112.1

Parity ratio §£

._

do

259
166
215

30

94°.

-43

9 At

9

63

90S

971

0"1

282

CONSUMER PRICES
(U.S. Department of Labor Indexes)
All items
Special group indexes:
All items less shelter
A l l items less food _ _ _ _
Commodities^
Nondurables _
Durables^
___
N e w cars.
_ _ _
Used cars__ _ _ .

_ _ _ _ _ _ _ do
_ _ _ _ _ __do

_ _ _ _ _
__
_ _ _
__ __
_. _ __ .

Commodities less foodf
Services^ _ _
Food 9
Meats, poultry, and
Dairy products
Fruits and vegetables

1957-59=100__

do
do
do do
__ do

_
fish

Health and recreation 9*
Medical care _
_
Personal care
_ _ _ _ _ _
Reading and recreation
T

„

8
8
4
9

5
4
1
6

111.4
117 °
107 8
110.9

Revised.
1 Based on unadjusted data.
2 Annual data for 1961-63 for parity ratio
adjusted for government payments made directly to farmers are as follows (unit as above):
83; 83; 81. Descriptive material and annual data back to 1933 appear in the Dept of Agriculture publication, "Agricultural Prices," January 1964. s "All items" index on old
basis.
i New series. Beginning Jan. 1964 the index reflects the following changes- (1)
updated weighting factors and price data base; (2) improvements in statistical procedures;
(3) a more comprehensive index, incl. single workers living alone, as well as families of wage
earners and clerical workers; (4) expansion of the "market basket" from 325 to 400 items;
and (5) increase in the sample of priced cities to 50 metropolitan areas and cities in the U S
incl. Alaska and Hawaii. The new series has been linked to the old series as of Dec. 1963
to provide continuous series (see exceptions in notes "V' and "*"). More complete information
and data are available from, the Bureau of Labor Statistics, U.S. Dept. of Labor

(Washington,
B.C., 20210).



6
5
1
2
0

4
3
2
8
1

5
2
7
1
0

107.6

3

107 8
107 7

107 5
lAO

3 108 0
107 8

3 107 9
107 8

107 7

1 A,7 7

A

3

108. 2

108.0

lO'7 9
ins 8

104 &

1 AK

1 AO A

1 AO A

119 6

m

m

104.5

104.3

104.1

105 1
99.7

1 AC

1 O^ ft

99.2

98.3

108.2

109.8

112.4

106 3
107 3
107 1
107.4
107.3
102.6

106 6
107 7

106 9
1 ns n

I AC Q

108.0
107. 5
102.7

108.4
107.6
102.9

108.5
107.7
102.7

108.8
106.8
102.7

4
9
5
1

105 9
TOO n

106 1

106 1

105 0

105 1

117 6

117 6

1 12. 1
117 ^
108 2
112.3

112.3
117 7
108 4
112!?

7 Q
n
1 no A

104.5
110

1 AC

102 9
1 AO

0

rj

7

104.3

104.3
114.8

104.3
114.9

104.3

98.3

97 2

113.9

115.1

97 0
104. 1
115. 7

96 6
103.9
115. 7

96.8
104. 0
120.2

108. 9
107.3
102.8

108.6
107.4
102. 9

108.4
107.2
102. 9

108.7
107.1
102. 9

107. 2

108. 9
107. 4

109. 0
107.6

109. 1
107. 7

109. 2
107. 8

Q

A

A

7

inp> Q
i ns °.

1 07 9

m

o

108. 0
110

1 A-

0

C

112.4

112.7

112.7

112.9

113.1

113.4

113.5

113.5
119. 3

112.8

108 8
113.1

113.1

113.3

113.6

114.0

114. 1

114.0

cFCompiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
t Re vised beginning Jan. 1963 (unadj. and seas, adj.) to incl. data for District of Columbia.
Seas. adj. data revised beginning Jan. 1962 to reflect new seas, factors. Revisions for Jan.Dec. 1962, respectively, (seas, a d j . ) are as follows (number): 15,599; 15,758; 15,670; 15,372;
15,245; 14,947; 15,171; 15,056; 15,249; 14,892; 14,951; 14,985.
©Revised beginning 1961 to
§ Ratio of prices received to prices paid (incl. interest, taxes, and wage rates).
IData
beginning 1962 as shown here are not comparable with "old series" data formerly published.
9 Incl. data not shown separately.
*New indexes.

SUEVEY OF CUEEENT BUSINESS

S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

196.3

Monthly
average

August 1964

1963
June

July

Au?.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

95 2
87 0
101 4
100 0

95 8
86 8
102 5
100 4

COMMODITY PRICES—Continued
WHOLESALE PRICESd1
( U.S. Department, of Labor Indexes}
Spot market prices, basic commodities:
22 Commodities
1957-59=100 _
9 Foodstuffs
do
13 Raw industrials
do
All commodities
_do
By stage of processing:
Crude materials for further processing
do
Intermediate materials, supplies, etc__.__do
Finished goodsO
do
By durability of product:
Durable goods
_ do
Nondurable goods .
.
do

1

93.0
89.8
95.4
100.6

193.5
92.9
93.9
100.3

93.5
92.9
93.9
100.3

93.8
93 4
94 2
100 6

92 6
90 3
94 2
100.4

93.0
91 4
94.1
100.3

95.8
95 1
96.3
100.5

95
93
97
100

7
4
3
7

95 0
91 1
97 7
100 3

95
91
98
101

5
5
5
0

94 4
88 9
98 5
100 5

94
87
98
100

97.1
100.2
101.7

95.0
100.5
101.4

94.8
100.6
101.5

96.1
100.6
101 8

95.7
100. 5
101.4

94.8
100.5
101 5

94.8
100.9
101.6

95 1
101.0
101 8

99 6
101.1
101 4

95 1
101.3
1Q9 1

94 0
101.2
101 6

94 3
100.9
101 5

94 2
100.9
101 3

99 4
93 5
100.6 ' 100. 3
101 3 r 101 7

93 7
100.5
102 0

101.0
100.1

101.0
99.6

100.9
99.8

101.1
100.1

101.2
99.6

101 1
99.5

101.4
99.8

101 5
100 0

101 6
99 2

101 7
100 3

101 8
99 5

102 0
99 2

102 2
98 9

102 4
98 4

r

109 3
98 4

102 3
98 9

do
do
do

100.8
101.3
100.1

100.6
101.3
99.8

100.8
101.2
100.2

101.0
101.5
100.4

100.8
101.5
100.0

100.7
101 4
99.9

100.9
101.7
100.2

100 9
101 8
100 1

100 9
101 9
99 9

101 3
101 9
100 5

101 1
102 1
100 0

100 9
102 2
99 6

100 9
102 4
99 4

100 8
102 6
99 0

r 1Q9 4

100 8

99 1

101 1
102 5
99 7

Farm products 9
- Fruits and vegetables, fresh and dried
Grains
-_
Livestock and live poultry

do
do
do
do

97.7
97.7
98.8
96.2

95.7
96.1
101.9
88.8

94.9
97.1
101.4
89.3

96.8
97.0
99.5
94 4

96.3
92.5
98.5
93 5

95.5
88.0
102.9
88 6

95.1
89.1
101. 8
88 0

96 2
96.1
100 3
87 9

93 3
94.8
101 8
79 9

96 3
95.9
103 9
84 7

94 5
97.9
102 0
82 8

95 2
104.9
99 i
83 8

94 4
105.9
103 3
82 4

93 7
107.4
103.2
81 2

93 2
113.1
89 8
82 3

94 1
109.1
85 7
87 7

Foods processed 9
-Cereal and bakery products
Dairy products and ice cream __
Fruits and vegetables canned frozen
Meats poultry and fish .

do
do
do_ __
do
do __

101.2
107.6
106.9
98.0
99.1

101.1
107.3
107.5
103.9
93.3

102.4
107.0
106.6
104.6
94.1

102.2
106 4
107.3
105 7
96 3

100.9
106 0
107.9
104 8
95 2

100 9
107 0
108 0
105 3
94 2

102.2
107 7
107.4
105 8
93 2

102
107
107
106
91

5
3
9
4
7

100 4
106 9
108 1
106 8
87 7

102
107
108
107
91

5
0
0
2
8

100 9
107 4
107 5
107 4
88 9

100 5
106 8
107 3

100
107
107
107
88

99
107
106
106
86

100 2
107 9

106 1
90 2

101 2
108 6
107 2
105 3
93 3

100.8

100.7

100.7

100.8

100.8

100.7

100.9

100.9

101.2

101.3

101.2

101.1

101.1

101.1

100. 9

101.1

97.5
96.3
96.0
76.3
101.9
103.8

96.3
94.8
95.1
80.3
99.9
103.8

96.3
95.0
95.2
80.6
100.8
103.0

96.0
94.7
95.1
81.4
99.8
103 0

96.0
94.6
95.0
81. 7
96.9
103 9

96.0
94 5
94 9
81 3
97 2
103 9

96.2
94 2
94.9
88 5
97.1
103 9

96.3
94 °
95 0
90 2
98 4
104 9

96.2
94 3
95 0
85 0
98 4
105 1

96.3
94 3
95 4
83 1
99 4
105 1

96.4
94 2
95 3
83 2
100 2

96.5
inn 9

96.6
94 4
95 4
87 3
100 2
104 8

96.7
94 5
95 5
88 6
100 2
104 8

96.5
94 3
94 6
93 2
100 2
103 9

96.6
94 3
94 6
95 6
101 1
103 9

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

100.2
96.8
102.8
119.2
98.2

99.8
96.9
102.0
122.8
97.2

100.9
94.9
102.2
120.3
99.9

100.4
95.8
102.0
121 2
98.7

98.9
96.2
101.9
120 9
96.1

99 0
97 2
101 8
121 7
95.9

98 8
97. 7
101 4
122 0
95.6

97 9
98 3
101 3
122 3
93.8

99 3
98 3
101 3
124 8
96.1

99 5
98.3
101 3
124 H
96.6

99 0
98 1
101 3
126 8
95.3

97 1
99 4
123 2
92.9

96 1
95 0
101 3
120 4
91.1

96 4
95 1
101 3
116 6
92.2

96 3
95 3
100 9

96 7
96.0
100 6
119 6
92.' 5

Furniture, other household durables 9 ---do
Appliances household
do _
Furniture, household _
do
Radio receivers and phonographs
do

98.8
94.0
103.8
86.1
94.2

98.1
91.8
104.6
82.8
9? 3

98.1
91.9
104 .5
83.4
92.5

98.0
91.7
104.5
81.5
91 9

98.1
91.7
104.6
81.5
91 9

98.1
91 4
104 8
81.9
91 9

98.1
91 2
104 8
81.9
91 8

98.1
91 2
104 8
81.8
91 8

98.0
91 1
104 7
81.7

98.4
91 5
105 0
81.5
90 9

98.5
91 8
105 0
81.5
90 9

98.5
91 7
105 0
81.5

98.6
91 6
105 2
81.5
91 2

98.6
91 6
105 3
81.5
91 2

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

107.4
108.6
106.2
108.5
96.5
96.5

104.2
108 3
84.0
101 9
98.6
98.9

104.5
108.2
85.8
102.5
98.3
99.2

104 3
108 4
83 5
102 2
101 6
102.1

103 6
108 4
80 5
100 1
102 6
102.7

103
108
80
99
99
99

103 5
108 2

1f\*} o

102.7
108 3
76.1
99 5
99.0
99.2

102
108
74
99
99
100

102
108
75
99
101
101

5
2
7
g
0
4

104 5
108 3
88 1
102 0
101 8
102 0

104 7
108 3
85 7
104 5
101 8
102.2

__do
do
do
do
do

102.3
109.5
107.8
98.4
100.8

102.2
111.1
109.6
97.4
100 0

102.0
111.0
109.6
97.7
99.3

102.1
110.9
109.7
97.2
99.8

102.1
110.9
110. 0
97.2
99.5

100.0
93.2
99.3
99.2

100. 1
92 9
99.1
99. 1

100.0
93.3
99.0
98.7

100.0
93.3
99.0
99.0

100.1
93.1
99.0
99.4

102.5
112.1
111.8
96.9
99.8
101.7
92.0
100. 2
101.4

102.5
112.5
111.8
96.9
99 8
101.8
91.8
100.2
101.7

101.2
104 .0
101.9
105 .0
99.4
102.2
93.1
89.1

100.9
103. 5
101.2
105. 0
99.0
102. 2
93.0
89.1

101.0
103. 6
101. 2
105.8
99.1
102. 2
93.7
91.2

93. 8
91. 4

101. 1
103. 5
101. 2
106. 1
99.8
103. 1
93.7
91.3

101.2
103.8
101.0
108.6
99.9
103. 1
93.6
91.3

102.7
112.6
112.0
97.0
99 9
102. 0
92.1
100.2
102.8
101.1
103.9
100. 7
108. 6
99.3
103.5
93.9
91.3

102.9
112.7
112.2
97.7
99.9

do
do
do

10^ 1
108 4
77 3
99 5
99 9
100 7
102.2
110.9
110.1
97.2
99.3
100.3
93. 1
99.1
99.6
101. 1
103. 4
101. 3
106. 1
99. 1
102. 2
93.4
91. 7

100.3
102.0
99.7
93 8
148.0
100.8

100.4
102. 2
99.8
93 7
134.5
100. 5

100.4
102. 2
99.7
93 9
136. 6
100. 6

Total manufactures
Durable manufactures
Nondurable manufactures

Commod. other than farm prod, and foods.do
Chemicals and allied products 9
Chemicals industrial
Drugs and Pharmaceuticals
Fats and oils inedible
Fertilizer materials
Prepared paint

...do
do _
do
do
do
do

-

Machinery and motive prod. 9 ___
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
M^otor vehicles
Metals and metal products 9
Heating equipment
Iron and steel

- - -

do _do
do
do
do_
do _

4
4
5
5
2
3

g9 7

7A ^

3
9
9
4

1 07 ^

88 7

Q4 A.
AC 9

104 fi

5
2
0
7
9
3

97 0

96
88
102
100

3
2
4
3

4
8
1
3
3

r H6 0

92.3
98.5

103.0
113.0
112.3
96.5
101.2

102.2
92.1
100.2
104.0

103.3 r 103. 0
112.7
112.7
112.3 r112.3
97.7
96. 5
101.2
101.1
102.1
102. 3
92 0 '92.4
100.3 r 100.4
\ 04. 0
103.9

101.3
104.5
100.6
108.6
99.1
103.6
93.1
89.2

101.3
104.5
100.6
108.6
98.7
103.7
92.6
88.0

101.4
104. 5
100.8
108.6
98.7
1C3.7
91.6
88.0

r 91 9

r

102.3
111.2
110.4
97.4
99.9
100.9
93. 1
99.9
99.9

99 7
99 2
99 3
102. 5
111.4
110.9
97.5
99.9
101.0
92.8
99.9
100.2

101.3
103. 4
101. 3
106. 1
99.5
102. 8
94. 2
91. 7

101.2
103. 5
101. 4
106.1
99.4
102. 9
94.2
91. 7

100. 5
102. 3
99.9
94 0
130. 1
100. 6

100.7
102. 5
100. 2
94.2
126. 1
100. 6

101.1
102. 3
101. 3
94 4
130.5
101. 6

101.2
102. 3
101. 5
94. 6
126. 3
102.8

101. 2
10°. 3
101.3
94.7
121. 6
103. 2

101.2
102.3
101.2
95 1
116.8
103. 3

101. 2
102. 3
101.1
95 5
116.6
103.3

101.1
102. 3
100.5
95 5
116.4
103. 2

101.2
102. 7
99.6
96 0
116.4
102. 8

101.0
102.8
98.7
9fi '>
* 11 7.0
102.8

101.5
104. 5
100. 9
108. 6
98.7
103. 7
91.8
88.0
101.1
103. 2
98.5
96 1
117.0
102. 6

107.3
100. 7
105. 6
107.2
100.5

107.4
100. 6
105.6
106. 7
100. 9

107.4
100.6
105. 6
107.4
101.0

99.9 2^100.0
92.8 2 9 2 . 6

2 99. 6

QQ 9

102.6
111.9
111.2
97.7
99 9
101.3
92.7
100.0
101.0
101.3

Textile products and apparel 9
App?rel
Cotton products
-

-

do
do —
- do

100.6
101.5
101.7
93 9
125. 9
99.1

do
do
do- -do
do

104.1
101.0
101. 4
107.3
100.8

106. 1
101.0
104. 1
110.4
101.0

105.8
101 .0
105 .6
108.1
100.7

107. 5
101.0
105. 6
110.4
101.0

107.5
101. 0
105.6
111. 1
101.2

107. 5
101. G
105. 6
111.8
101.1

107. 5
100. 9
105. 6
111.2
101.1

107. 5
100. 9
105. 6
110.9
101.0

107. 5
101. 0
105. 0
112.2
101.1

107. 6
101.0
105. (5
112.6
100. 9

107.1
101.0
105. 6
110.9
100.9

107.1
100. 7
105. 6
109.8
101.1

107.1
100.7
105. 6
109.5
100.5

PURCHASING POWER OF THE DOLLAR
As measured by —
Wholesale prices
1957-59=100..
Coisumer prices
- --- - do ,

99.4
94.9

99.7
93.7

99.7
93.8

99.4
93.4

99.6
93.4

99.7
93.4

99.5
93.3

99.3
93.1

99.7
92.9

99.0
92.9

99.5
92.9

99.6
92.9

99.7
92.8




r

105.3
108 4
92.6
104 7
101.2
101.5

101.3
103.6
101. 7
105 4
99.2
102.4
93.8
90. 1
100. 5
101.9
100. 3
93 9
139'. 9
100. 9

r
Revised
i Figures are for the month of June.
2 indexes based on 1947-49=100
are as follows: Measured by—wholesale prices, 83.9 (July); 84.2 (June, revised): consumer
prices, 75.5 (June).

r

104. 8
1C8 3
90.3
103 3
101.4
101.8

101.8
103. 5
102. 6
105.0
100.0
102.6
93.3
87.1

Tobacco prod and bottled beverages 9
Beverages alcoholic
Cigarettes
- Miscellaneous
Toys sporting goods __

r 107 1

98.5
91 3
105 3
82.0
90 3

_ do
do __
do
do
_
do. _do
_do__ do

- - do
do

4
5
6
3
9

r

105 3
81.5
91 2

]\Tonmetallic mineral products 9
Cls?y products, structural
Concrete products
Gypsum products
Pulp paper and allied products
Paper
Rubber and products Tires and tubes

Silk products
\Vool products

95.3
87 9
100 9
100 1

101. 4

ion. i

99. 4

102. 5
92. 0
100.7
104.4

actual wholesale prices of individual commodities, see respective commodities.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separately.

SUEVEY OF CUERENT BUSINESS

Aususl l.%4

1962

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

S-9
1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

4,579

4,177

4,643

5,098

May

June

July

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
4,954

New construction (unadjusted), total t _ ._mil.$._

5,204

5,785

5,780

r

r

6, 152

6 056

3,638 r 3, 895 r
2 188 2 345 r
1,610 ' 1, 703 T
(i)
(i)

4, 192
2 553
1 859
(i)

4 2'74

1 129
266
496
217
115
411

5, 483

r

Private, total?
do
Residential (nonfarm) 9
do
New housing units
_
do
Additions and alterations
do
Nonresidential buildings, except farm and
public utilities total 9
mil $
Industrial
_ _ _ do _
Commercial 9
do
Stores restaurants, and garages
_ do
Farm construction _
do
Public utilities
do

3,475
2,024
1,553
0)

3,648
2,154
1,672
0)

3,974
2,495
1,825
(i)

4,034
2 470
1,919
(i)

3,258
1 813
1,451
(i)

3,021
1 626
1,316

3,325
1,908
1,477
(i)

960
246
413
199
107
360

988
247
433
189
106
374

947
227
417
185
107
395

1 010

1,015

268
434
168
98
312

993
264
425
163
95
286

981
257
424
167
96
317

963
251
411
155
95
366

1 017
254
442
175
99
'404

1 086
258
480
207
106

Public total
Nonresidential buildings
Military facilities
Highways
Other types

1,480

1, 557

1,811

1, 746

1,321

1,156

1,318

1,460

1 588
517
(i)
481
477

r 1 96()
r 596
(1)

do
do
do
do
do

429
102
532
418

460
(J)
556
430

New construction (seasonally adjusted at annual 2
rates) totalf
--mil. $ _ 59, 453 262,451

518
141
694
458

234
451
210
117
404

482
131
652
481

435
(i)
397
392

(i)

429
(i)
266
376

464
(i)
351
413

525
(i)
384
454

r 411

9 598,

1 953

0)

710
532

1 832
550
(i)
O
(i)

r
r

62, 080

62, 265

63, 653

63, 530

64, 966

65, 072

65, 193

64,684

65, 528

66, 509

66, 615 '64,983

66 183

65 501

41,695

43, 772

43, 175

43, 693

44,305

44, 633

45, 365

45, 488

45, 778

45, 440

46, 274

46,923

46, 449

45 660

45 878

24,292
Residential (nonfarm)
do
Nonresidential buildings, except farm and
public utilities, total 9
mil. $._ 11,526
2,949
Industrial
_
.
do..
4,955
Commercial 9
do
2,385
Stores, restaurants, and garages
do
1,282
Farm construction.
do___
4,318
Public utilities
do

25, 843

25, 786

25, 843

25, 752

25, 953

26, 584

27, 000

26, 896

26, 907

27, 600

28, 123

27, 538 r 26, 678 >• 26, 389

26, 456

11,859
2,962
5,200
2,268
1,266
4,494

11, 243
2, 825
4,828
2,030
1,267
4,543

11,610
2,896
5,044
2,195
1,267
4,619

12, 219
3,005
5,449
2,471
1,266
4,704

12, 533
3,049
5,671
2,611
1,265
4,540

12, 431
3,085
5,518
2, 477
1,264
4,772

12, 480
3,136
5,469
2,335
1,261
4,473

12, 592
3,158
5,515
2,333
1,261
4,753

12, 476
3,060
5 499
2,330
1,258
4 547

12, 581
3,058
5, 546
2,300
1,254
4,547

12, 728
3,074
5,668
2,351
1,253
4 518

12, 661
3,076
5 561
2,293
1,252
4 660

12, 900
3 204
5 562

13, 021
3 292
5 559

17, 758

18, 679

18, 905

18, 572

19, 348

18, 897

19, 601

19, 584

19, 415

19 244

19, 254

19 586

20 166

5,145
1,222
6,378

5,524
0)
6,670

5,649
1,500
6, 732

5,358
1,489
6,521

5,444
1,583
6,973

5,638
0)
6,600

5,815

5,803
(0
7,254

6,075
0)
6,713

5 761

6,171

6 259

6 685

6,169

5,993
(i)
6,796

3,442
3
120
1,133
2,309

3,824
133
1,229
2,594

4,402
135

4,125

4,061

4 215

1,321
2,992

3 346
'l47
1 198
2 149

3 201

1,318
2,744

3,749
144
1 157
2,592

3,413

1,319
2,805

3,707
128
1, 154
2,552

4,313

1,384
3,019

1 041
2,160

1 339
2,876

4 359
138
1 318

1,084
1,503

1,212
1,716

1,458
1,966

1,271
1,934

1,322
1,883

1 , 154
1,789

1 331
2,028

1 082
1 519

1 102
1,325

1 082
1 158
1 427
1 372
699
356 | 816 692

1 252
1 991

Private total 9

-

do

Public total 9

do

Nonresidential buildings
Military facilities
Hi gh ways
CONSTRUCTION

_

do
dodo

(i)

7,145

(i)

(i)

r

45 780

12, 756
3,149
5 542

2,252
r

1, 250
4 746

r

!9 203

r

2,268

2,267

1 247
r 4 709

1 242
4 716

20 523

19 623

6 040
(i)
6 410

r 6 511

6 115
(i)
m

3,042

4 639
138
1 535
3 104

4 504
138
1 491
3 013

1 420
2 006

1 369
9 050

1 400
1 996

972

933

1,227

1,108

0)

7 068

r

(1)
6 888

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
P>esidential
do .
Public works
do
Utilities
do
Heavy construction:
New advance planning (ENR)§
do
Concrete pavement awards:^
Total
thous. sq. yds..
Airports
do
"Roads .__
do
Streets and alleys . _
_ do
Miscellaneous
do

683
212

659
196

812
167

126

742
178

132

675
182

662
102

146

748
206

704
444

148

1,155
2,257

1,766

2,770

2,072

2,416

2,976

2,666

3,600

4,484

2,656

9,483
477
6,217
2,789

10, 053

13, 661

254

10, 389

4. 968
2 920

13,033
189
8 139
4 706

8,164

7, 592
5,097

9,399
184
5,613
3 603

8,142

6,411
3,160

9,793
357
5,649
3,788

124.4
83.0
121.9

134,8
83.8
132.2

157.3
100.4
153.4

152. 3
98.2
150.2

147.9
95.8
144.4

147.3
92.9
145.3

166.1
1C2. 7
163. 1

121.2
71.9
119.4

96.8
50. 5
95.1

122.4
87.7
119.9

132.5
94.8
130.0

155. 5
109. '2
151. 6

150.7
105. 2
148. 6

145.5
100. 4
142.0

144.1
103. 7
142.1

162. 8
116.5
159.8

118.8
83.9
117.0

1 571
1 554

1 588
1 573

1 455
1 434

1 732
1 697

1 847
1 807

1,363
771

1,308
735

1,262
726

1,372
771

109
Dept. of Commerce composite^
1957-59=100. _
107
109
110
110
American Appraisal Co., The:
Average, 30 cities.
1913=100...
780
756
778
782
786
Atlanta
...
do
832
857
852
856
862
New York
_.
do
858
836
851
851
867
770
San Francisco
do
762
720
761
774
St. Louis _.
do
741
760
754
754
762
Associated General Contractors (building only)
111
1957-59= 100. _ !
114
114
115
115
r
2
Revised.
i Not yet available; estimate included in total.
Annual total (also for
breakdown of new construction value).
3 Computed from cumulative valuation total.
4
Prior to 1964, "miscellaneous" yardage was included with data for roads and streets.
5 Effective Jan. 1964, based on 1963 definitions of metropolitan areas; not strictly comparable
with earlier data.
t Revised series. Revised annual totals back to 1946 appear in Construction Report C30-60;
revised monthly data back to 1946 will be shown in a Supplement to be issued later by the
Bu. of the Census.
9 Includes data not shown separately.
AM on thly averages for 1962 are based on annual
totals including revisions not distributed by months.

482

973

143

140

6, 577

3,986

2,664

3, 165

3,190

3,143

10,891
176
256
8 177 4 g 464
2 037 4 2 095
4 76

6,820
225
5 159
1 197
24Q

9,057 12, 997
836
611
6 956
9 861
2 402
1 046
' 219
124

10, 831
240
7 714
2 716
161

9, 463
270
6 474
2 481
238

100.8
55.3
99.6

101.1
63.7
100.3

133.3
82.2
130.1

152.3
'90.7
148.5

157.7
99.7
154.7

158.0

94.5
75.5
92.8

99.5
6 75. 0
98.3

98.5
73.8
97.7

131.5
96.6
128. 3

149.5
145.7

155. 4
* 112. 6
152. 4

155. 1
113. 5
152 0

1 564
1 533

1 564
1 518

1 718
1 688

1 657
1 613

I CflO

1,412
756

1,369
736

1,426
699

1.314
710

1,405
792

1.384
772

1, 2,56
704

1,246
721

1,306
727

110

110

110

111

111

111

111

111

112

112

112

788
862

790
863

791
863

792
863

792
863

793
870

793

794
87H

798

800

806

884.

884.

884.

OQ'i

199

5 115
2 850

4, 823

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

do
do
do

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

do
do

New private housing units authorized bv bldg. permits (12,000 permit-issuing places):**
Seasonallv adjusted at annual rates:
Total..'
thous..
One-family structures
do

2

1,229
2
756

2

' 1, 335
2r 750

r 102.

5

154.9

1 638

CONSTRUCTION COST INDEXES




869
775
759
115

872
778
765

116

872
778
774

116

874
778
776

884
778
779

884
780
779

8 7O
884
7so
77Q

78R

116
117
117
117
118
117
119
119
§ Data for Aug. and Oct. 1963 and Jan., Apr., and July 1964 are for 5 weeks; other months 4
weeks. Comparable data prior to 1961 not available.
cTData for July, Oct., and Dec. 1963 and Mar. and June 1964 are for 5 weeks; other months,
4 weeks.
* New series (from Bu. of Census reports, Series C-20). The 12,000 permit-issuing places
covered by these data account for a major portion (about 83 percent) of private residential
building in the United States (1959-63 data for 10,000 places are also provided in Series C-20
reports).
t Revised to 1957-59 reference base; also reflects revision of basic data.

SURVEY OF CURRENT BUSINESS

S-10
1962

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

August 1064

1963

•Tune

July

Aug.

Sept.

1964

Oct.

Xov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

1
June | July

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. II. Boeckh and Associates, Inc. :1
Average, 20 cities:
All type s combined
1957-59 = 100_ _
\partments hotels office buildings
do
Commercial and factory buildings
do_ Residences
do
Engineering News-Record:
Building
-.
1957-59 = 100.Constructlon
--do
Bu. of Public Roads— Highway construction:
r^/-vmT->rtoifo fciTrer fnr n f r '\

IQW 5Q — 100

107.8
108.8
107.8
106.3

110.2
111.3
110.2
108.5

110.3
111.4
110.3
108.5

110.7
111.8
110.7
108.8

110.8
11°. 0
110.8
109. 1

111.2
112.3
111.2
109.6

111.3
112.4
111.2
109.7

111.4
112.5
111.4
109.8

111.5
112.6
111.5
109.9

111. 9
113.0
111.9
110.2

111. 9
113.1
111.9
110.3

111.9
113. 1
111.9
110.3

112.3
113.4
112.3
110.7

112.9
114. 1
112. 9
111.1

113. 6
114 8
113. 6
111.8

110.1
114.7

112.7
118.6

112.0
118.3

113.1
119.6

114.2
120.3

114. 2
120. 3

114.6
120.6

114.3
120.3

114.4
120. 4

114.6
120.8

114.6
121.1

115.0
121.4

115.3
121.9

115.6
122. 3

116.2
123.1

2 98. 6

2 101. 0

99.6

134. 5

142.9

151.5

141.fi

151.1
156.9

161.7
147.0

152.4
146. 2

163.8
144.7

135.8
142.4

122.2
142.3

127. 2
13t\ 3

129. 8
147 9

149. 8
156 0

158.8
r 155 9

158. 6
147 7

131.6
134. 6
167.6

140.7
140.5
] 70. 1

162. 0
133.7
209. 3

162. 1
128.6
220.1

165. 8
149. 2

147.2
147.4
207. 5

154.9
160. 7
219.1

126.0
137.6
181.7

113.3
130.2
143. 5

118.4
142. 6
113.2

122.7
141.9
118.0

151.1
158.0
147.7

r
r

168. 7
158.0
176.4

164.4
154. 6
205 9

18.4

15.8

14.3

11.6

17.5
195
11.8

17.1
182
11.9
1 09

16.4
1 72
13.3

14.8
173
11.3
i <tn

15.0
176
11.2

11.4
190
8.3
•t if

10.3
183
9.1

11.5
178
9.1

14.4
193
9.4

19.0
190
11.3

18.7
190
11.1
111

15.8
173
9.5
99

17.9
177
10.8
103

15.29
16
10. 7

511.16

507. 76
27S. 14

567. 53

265. 14

2(37. 35

316.01

444. 50
258. 21

486. 68
255. 35

543. 00
267. 77

439.85
201.31

4*3. 39
208. 70

483. 07
206. 20

456. 89
192. 02

570. 30
232. 60

616. 55

3, 548

3.758

4,024

4. 226

4,290

4,784

4.414

4,216

4.168

4,444

4,395

4, 769

r 2. 145

2, 401

101.7

10'> o

103.4

1
1

116.6
124. 3

qq 3

CONSTRUCTION MATERIALS
Output Index:
Composite, unadjusted 9

1947-49=100..

Iron and ptoel products, unadjusted
Lumber and wood products,
unadj
Portland cement unadju c ted

do
do
_do

224.0

REAL ESTATE
Mortgage applications for new home construction :
Applications for FIT A commitments
th on s. units _ _
Requests for V A appraisals. _ _
Seasonally adjusted annual rate

do
. rto--..

100

TTome mortgages insured or guaranteed by—
439. 24 464. 09 419.35
"Fed TIous Adm * Face amount
mil $
221.01 253. 76 225. 60
Vet Adm * Face amount^
do
Federal Home Loan Banks, outstanding advances 3 3, 479 3 4. 784 3.270
Now mortgage loan s of all savings and loan associations estimated total
mil. $_
By purpose of loan :
Home construction
do
Home purchase
do
All other purposes
do_ _ -

1,730

2.061

2, 242

2,341

2, 428

2.196

2. 387

1,856

2,118

1,716

1.712

2, 071

2,081

498
710
521

586
827
648

638
936
668

619
1,003
719

623
1,071
734

642
928
626

685
977
725

502
757
597

620
776
722

434
696
586

474
674
564

621
784
666

579
831
671

2,849
7,204

3,077

3,177

8,059

3,515

8,347

3,525
8,463

3.177

3,534

8,183

8,461

2,880
7,959

2.987

7,931

2,758
8,530

2,575
8,097

2,935

mil. $__ 105. 42

117. 13

106. 68

100. 93

113.73

98. 35

109.52

94. 91

113. 12

139. 33

118.85

126.45

New nonfarm mortgages recorded ($20,000 and
in er;,t.
number
Fire losses (on bldgs., contents, etc.)

505.00

7.898

r

630
1, 053
718

597

'881

r

667

i
i

8,711

124. 93

105.98

108. 56

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. arlj.:i
Combined index
1957-59=100..
Business papers
.
do ...
Magazines
do...
Newspapers..
..
-- - .-do.. .
Outdoor
__ _
-do
"Radio (network) _ _ _ _ _
_ _ _ _ .-do. .
Television (network)
._
do

113
108
119

118
112
127

118
110
129

120
114
132

119
109
127

124
115
131

119
113
127

114
113
131

124
117
134

120
112
126

123
108
128

102
88
75

96
88
95

94
87
96
144

98
88
102
143

97
81
118
147

103
79
106
151

95
101
101
142

90
83
86
125

106
85
106
146

102
79
78
151

103
87
84
160

2
Soaps, cleansers, etc
do
20.9
Smokine materials
do
222.2
2
All other
do
40.8
Spot (natl. and regional , cooperating stations):
Gross time costs, total
.
._ mil. $__ 2 180. 3
Automotive, incl. accessories.
do
25.9
236.1
Drnsjs and toiletries ... - .. do
2
60. 4
Foods, soft drinks, confectionery
-do

Soaps, cleansers, etc
Smokine materials.
All other.
_.

-_
—

do. _.
do
__do ...

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

144

118

Television advertising:
Network (major national networks):
Gross time costs, total. _
mil. $._ 2199.7
2
13. 1
Automotive, fncl. accessories
do
"Drues and toiletries _
_- . . . .-do. _. 263.3
2
Foods, soft drinks, confectionery
_-do
39.5

207.2

200.8

^39.9

13.9
67.8
38.3

13.3
67.9
39.1

220. 8
16.3
72.3
43.0

221.9
22 23. 9
38. 4

22.0
23.0
42.3

22.6
24.2
33.8

21.6
25.0
42.6

217. 8

223. 1
9.1
39.0
72. 4

185.3
7.6
34.9
60. 2

242.9

22.4
8.6

20.3
10.1
73. 1

2

28.1

242.8
2

2 7.4
49. 4

2

22.9
9. 7

25.7
11.2
65. 6

73.0
4.6
7.9
2.3
7.1
10.6

77.6
4.8
8.5
2.2
8.0
10.4

74.8

4.7
5.5
3.7
1.0
3.0
25.8

5.1
5.7
4.0
1.0
3.4
24.0

221.1

2

2 208. 2
2 14. 6
2 69.6

Beer, wine, liquors. _ __
do
4.5
Household equip., supplies, furnishings. .do
4.9
Industrial
materials
do
_
_
.
3.7
Soap*1, cleansers, etc
_.
.
do
.8
2.8
Smoking materials.. _
._ . ...do
All other
.
do._ . 23.8
r
Revised.
i Index as of August 1, 1964: Building,
116.9;
2
3
Annual average ba^ed on quarterly data.
End of year.
^Copyrighted data; see last paragraph of headnote, p. S~l.




7.3
2.6
8.7
10.2

r

123
113
133

125
108
128

99
91
83

107
104
76
160

r 15g

224
15
74
45

~"

1
2
5
3

24 4
28 0
36 8

8.4
48.7
82. 3

57. 0
.9
4.7
1.5
7. 1
9.0

54. 5
5 1
3.8
1.4
6.4
7.8

82.1
9.1
6.1
3.0
8.0
8.9

99. 6
7. 0
14.8
2.2
9.9
12.4

103.2
5 7
12.7
1.8
10 8
13.6

77 2
39
5.9
1.5
9 9
11.0

54.0
2 0
7.0
.9
6 2
9.0

73 0
33
9.1
18
80
10.9

86 7
6 7
9.8
2 3
91
12.8

93 3
7 5
10.6
3 5
8 6

102 7
63
11.5
36
9 8
12! 9

4.2
4.2
3.0

2 9
2.8
3.0
7
2.7
17.9

4.2
5.8
4.5
1.0
3.0
28.4

5.5
8.4
5.1
14
3.3
29.6

6.9
7.7
5.5
1 4
3 9
33.2

8.8
4.4
2 8
4
38
24.8 '

1. 7
2.7
1.8
7
2 4
19.7

33
3.6
31
9
31
26.0

4 2
5.6
3 4
10
2 g

4 5
7.1
4 9

59
9.6
5 4
19
39
33^2

2.8
19.0

construction, 124.7.

n!s

9 1

9 7
30.0

83 5

2 o
8.9
3 0
9 C

11.6
4

0

7, 7

4

C

3

7

28^9
26.3
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold; these became sizable after 1962
{Revisions for Jan. and Feb. 1963 are available upon request.

ri9

SURVEY OF CURRENT BUSINESS

August 1964

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

S-ll
1964

1963

1963

Monthly
average

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

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

-•-

233.2
60.5

238. 0
62.5

243.1
67.5

212.5
63.6

231.1
66.8

246.7
65.0

267.7
65.9

258.4
61.8

260.6
53.8

210. 6
59.8

210.4
60.9

248.0
66.3

265. 1
68.6

275.9
74.8

247.0
68.4

do
do
do
do
- - do._

172. 7
12.4
4.8
25.1
130. 3

175.6
12.5
4.9
23.8
134.3

175.6
14.1
4.9
25.5
131.0

148.9
11.6
5.5
19.2
112.6

164.3
11.2
3.7
18.7
130.7

181.7
12.7
4.7
26.2
138. 1

201.8
16.0
5.5
28.9
151.4

196.6
13.0
4.7
25.8
153.1

206.7
8.7
5.3
24.0
168.8

150.8
10.6
6.8
18.2
115.2

149.5
12.1
4.2
20.8
112.3

181.7
12.7
5.4
25.4
138.2

196.5
15.7
5.6
28.8
146.4

201.1
17.1
4.8
29.2
150.0

178. 6
16.2
5.2
25.9
131. 3

tnll. $

19,613

20, 536

20, 737

20,540

21,018

19, 267

21,528

21, 494

25, 104

19, 154

18,758

20, 502

21,186

22, 508

r 22,141

RETAIL TRADE
All retail stores:
Fstimated sales (unadj ) total

r

r

Durable coods stores 9 _ _
Automotive group
Passenger car, other auto, dealers
Tiro, battery, accessory dealers

do
do
do
do

6, 245
3, 566
3,344
222

6, 675
3,830
3, 600
230

7.044
4,126
3, 865
261

6, 976
4,003
3, 746
257

6, 556
3, 529
3, 288
241

5,999
2, 990
2,779
211

7, 599
4. 387
4,148
239

6, 985
3, 949
3,712
237

7,208
3, 690
3,377
313

6, 031
3, 677
3,488
189

6,122
3, 684
3, 505
179

6, 741
4, 058
3,847
211

7, 360
4, 453
4, 215
238

7, 693 f 7, 682
«- 4, 551 <• 4, 355
' 4, 289 4. 079
276

Furniture and appliance group
Furniture, homefurnishings stores
Household appliance, TV, radio

do
do
do

901
583
318

968
622
346

933
599
334

965
608
357

992
651
341

980
647
333

1. 095
719
376

1,077
703
374

1, 333
790
543

905
584
321

920
600
320

973
638
335

1,004
603
341

' 1,043

Lumber, building, hardware group71
Lumber bldg materials dealersd
Hardware ^tores

do
do
do

947
728
219

964
743
221

1,050
819
231

1,100
876
224

1.138
911
227

1,055
842
213

1.119
897
222

1,002
771
231

918
610
308

712
536
176

709
542
167

798
616
182

938
721
217

13,367
Nondurable goods stores 9
do _
Apparel group
_
_-do_ _. 1,195
228
Men's and boys' wear stores
do
456
Women's apparel, accessory stores.- -do
301
Family and other apparel stores
do
209
Shoe stores
- do

13, 861
1.205
232
466
300
207

13, 693
1,127
239
421
265
202

13, 564
1,010
200
390
241
179

14,462
1,167
209
446
300
212

13, 268
1, 161
203
448
296
214

13,929
1. 191
218
472
304
197

14,509
1,308
254
509
343
202

17, 896
2, 172
471
834
572
295

13, 123
1, 026
208
407
234
177

12,636
927
176
375
220
156

.13.761
1,283
206
502
309
266

13, 820
1.140
204
463
202
211

669
1.442
4,801
4,344
1 , 554

681
1,506
4, 929
4, 463
1,614

664
1. 592
4, 957
4, 483
1, 659

660
1, 646
5. 003
4, 502
1,712

680
1, 098
5,318
4. 828
1,730

647
1, 526
4, 684
4, 238
1, 599

667
1, 556
4, 910
4, 449
1,649

666
1,486
5, 153
4, 689
1, 625

906
1, 533
5, 194
4,679
1,713

671
1,436
5,018
4,558
1, 566

656
1,386
4, 849
4, 395
1,480

680
1, 485
4, 891
4, 406
1, 585

005
1,547
4, 898
4,414
1,617

2, 267
1.320
163
371
450

2, 388
1,390
177
385
472

2,266
1,340
141
357
450

2, 108
1,212
148
341
474

2,444
1,408
183
390
489

2,275
1,340
172
354
437

2,417
1,404
197
378
466

2.728
1,590
248
414
510

4.399
2,625
307
793
724

1,872
1,094
140
289
433

1,875
1, 069
146
313
427

2,303
1,336
178
389
434

2, 310 ' 2, 479 ' 2, 479
1 , 306 r 1,403 f 1,470
179
173
170
' 399
3C1
398
446
MSS
472

do

20, 486

20, 719

°0 666

20, 426

20,716

°() 558

21,019

21,000

21,533

21,223

21,392

Durable goods stores 9
Automotive group
Passenger car other auto dealers
Tire battery accessory dealers

do
do
do
do

6,630
3,843
3,607
236

6,773
3, 940
3, 709
231

6, 50'>
3, 733
3,512
221

6, 606
3,717
3,495
222

6,941
3,980
3,748
232

6, 734
3,791
3, 556
235

6,831
3,935
3,685
250

6, 855
3,951
3,711
240

7,262
4,162
3,925
237

6, 939
3,894
3,646
248

7, 010
4,026
3,788
238

Furniture and appliance group
Furniture, homefurnishings stores
Household appliance TV radio

do
do
do

935
611
324

979
613
366

939
611
328

985
648
337

1,028
666
362

986
640
346

1,021
637
384

1,019
671
348

1,073
707
366

1,088
711
377

1,095
701
394

Lumber, building, hardware group
Lumber bldg materials dealerscf
Hardware stores

do
do
do

962
750
212

958
746
212

992
771
221

975
761
214

986
764
222

994
754
240

952
716
236

949
730
219

1,007
779
228

936
727
209

912
707
205

Nondurable goods stores 9
Apparel group
M"en's and boys' wear stores
Women's apparel accessory stores
Familv and other apparel stores
Shoe stores

do
do
do
do
do
do

13, 856
1,179
222
471
287
199

13, 946
1,214
239
475
298
202

14, 104
1,259
247
480
323
209

13,820
1,204
238
465
303
198

13,775
1,150
217
451
286
196

13, 824
1,186
224
463
294
205

14, 188
1,250
239
482
307
222

14, 145
1,250
231
497
302
220

14,271
1, 291
246
505
326
214

14, 284
1,228
233
477
292
226

do
do
do
do
do

674
1, 511
4,923
4, 456
1,584

674
1,497
5, 030
4,540
1,602

685
1,519
4,996
4,527
1, 612

688
1,470
4,897
4,441
1,605

683
1,530
4,943
4,484
1,618

677
1,506
4,973
4,512
1,638

694
1,528
4,991
4,523
1,681

694
1,580
5,031
4,548
1,638

666
1,593
4, 991
4,513
1,641

702
1, 584
5,112
4, 605
1,629

689
1,599
5,064
4,574
1,674

••713
1, 589
rr 5, 034
4, 540
r
1, 670

726
1 , 605
5, 175
4,670
1, 669

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

2,409
1,414
174
389
475

2,415
1,403
185
385
481

2, 475
1, 452
189
387
476

2,390
1,386
181
386
466

2, 303
1 321
173
390
478

2,355
1, 355
183
381
473

2,474
1,457
184
397
483

2,481
1,464
181
410
471

2, 592
1,538
197
408
482

2,489
1,467
188
404
491

2,514
1,467
192
421
486

r 2, 589
' 1, 543
190
M20
M95

2, 607
1, 521
200
430
503

Drug and proprietary stores
Fating and drinking places
Food group
Grocery stores
Gasoline service stations

_
_

do
do_
do
_ __ do.
do__

General merchandise group 9
do
Department stores
do
Mail order houses (dept. store mdse.) .do
Variety stores
_ _
do__
Linuor stores
do
Estimated sales (seas adj ) total J

Drug and proprietary stores
Fjating and drinking places
Food group
Grocer v stores
Gasoline service stations

Estimated inventories, end of year or month:f
Book value (unadjusted), total
mil. $... 27, 071
11,472
Durable goods stores 9 __ __
__ __
do
4,778
Automotive group
do
1, 861
Furniture and appliance group
do
2,264
Lumber, building, hardware group. ..do

27 826
11, 722
5,146
1, 858
2,231

28, 041
11, 896
5,147
1,852
2,362

27, 957
11,837
5, 129
1,840
2,322

27, 575
11, 105
4, 281
1, 888
2,313

27, 894
10, 880
4,098
1, 904
2, 299

29, 134
11, 400
4.488
1,968
2,273

29, 989
11,910
4,846
1,999
2,283

27, 826
11,722
5, 146
1, 858
2,231

r

15, 599
do
3, 405
do
3, 395
___do
4, 495
do
do. - - - 2,266

16, 104
3,477
3, 546
4, 629
2, 395

16, 145
3. 396
3, 656
4,771
2,392

16, 120
3, 399
3, 546
4.772
2, 414

16, 470
3,629
3,486
4, 959
2,518

17,014
3, 858
3, 530
5, 255
2, 704

17, 734
4, 006
3.660
5 628
2,953

18, 079
4, 044
3, 700
5, 753
3, 036

16, 104
3,477
3, 546
4,629
2, 395

r 16,000

27, 938 28, 691 28, 124 28, 259 28, 148
Book value (seas, adj.), total
_
do
11, 728 11,965 11,614 11, 673 11, 604
Durable goods stores9
do
4, 861
Automotive group
do
4, 869
5,224
4, 922
4,810
Furniture and appliance croup — _ _ do_ __ 1,899
1, 859
1, 862
1,894
1, 892
2,349
Lumber, building, hardware group- -do
2,314
2,318
2,299
2,318
r
Revised.
1 Advance estimate.
9 Includes data not shown separate] y.
tf 2omprises lumber yards, building materials dealers, and paint, p lumbing and elec.trical st(jres.
{Revised (back to Jan. 1953) to reflect use of ne^v season il factors and nevsT adjustnoents
for trading day differences.
Revisions for period s not sh own her e appeal* in the July
1963 Census report, "Monthly Retail Trade Repor t, Adjust ed Sales Suppleinent."

28, 147
11, 605
4,890
1,874
2,322

Nondurable goods stores 9 - - Apparel group. ._
Food group
General merchandise group
Department stores*




28,018 r 28,692 ' 29,496
12,018 12,343 12, 696
5, 919
5,439
5,729
1,824
1,839
1,903
2,248
2, 291
2,393
3, 443
3. 549
«•r 4, 602
2, 400

(185
' 358
r

1,r 047
801
r 246

r 14.815

1r , 282
240
506
r
303
»-233

r

1,112
725
387

1

22, 129
1

7, 463
i 4, 185

i 1, 094

1, 119
872
247

r 14,459 i 14,666
* 1,237 i 1,103
254
468
293
222

r
r
713
709
1, 650 r 1, 693
' 5, 248 r 5, 087
»• 4, 739 r 4, 578
r
1, 708 r 1,740

T

i 709
1,823
5, 375
4, 857
1,818

2,318
1,357

21,777 * 21,675 i 21,928
r

7,218

^3,880
'246

<• 6, 969
3, 856
3, 617
239

' 1, 080
699
'•SSI

1,108
725
383

r 4, 126

'974
' 754
'220

1

7,118

983
759
224

14, 382 ' 14,559 ' 14,706 i 14,810
1,272
1,295
1,320
241
'250
244
504
502
525
r
308
320
328
219
-•223
223

r

29,840 ' 29,621
12,795 ' 12,768
5,917 r 5, 850
1,933
1,942
2,440
2,444

29, 395
12, 082
5, 803
1,918
2,441

' 16,349 <• 16,800 ' 17,045 r 16,853
3, 609
3,710
3, 757
3, 667
3, 639
3, 697
3, 692
3, 674
r
r
r 4, 671
r
4,
874
5,
012
4, 954
r
2, 446 >• 2, 556 ••2,613 r 2, 608

16, 713
3, 593
3, 065
4, 905
2, 553

28,691 r 29,030 r 28,954 r 28,969 r 29,242 r 29,215 29, 465
11,965 12, 109 12,103 12,236 12, 340 r 12,320 12,387
5,224
5,281
5. 430
5,285
5,479 ' 5, 407 5,511
1,892
1,894
1, 902
1,916
1,920
1,944
1,932
2,331
2,314
2,335
2,330
2,351
2, 364
2,388
fRe vised ser ies.
R e vised t() take ae count of the late ^.t (1962) Annual Survey c)f Retail
Trade bench m ark data and to i eflect ne w season al factor s beginrung 1956.
Data for earlier pe riods apr. ear on p] X 16-19 o f t h e Dec . 1963 Su RVEY.
*Ne w scries; for earlie r periods back to Dec. 1956 see p. C 2 of the Apr. 1964 SURVEYr.
28, 357
11,664
4,959
1,896
2,301

28, 651
11, 856
5.101
1,904
2,320

SURVEY OF CURRENT BUSINESS

S-12
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

August 1004

1963

1963

Monthly
average

June

July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

16,885
3,708
3,652
4, 972

r 2, 600

17,078
3,770
3,665
5, 075
2,668

July

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores — Continued
Estimated inventories, end of year or month §—
Continued
Book value (seas, adj.)— Continued
16,210
Nondurable goods stores 9
mil. $
Apparel group
_
- do. _ 3, 569
Food group
_ _ _ _
do- 3, 405
General merchandise group
do
4,897
2,466
Department stores*
- - do _
Firms with 4 or more stores'.
Estimated sales (unadjusted) total
Firms with 11 or more stores :
Estimated sales (unadj ), total 9

16, 726
3,641
3,560
5,037
2,603

16,510
3, 560
3,663
4,943
2,513

16,586
3,616
3,604
4,923
2,536

16, 544
3,600
3,546
4,931
2,531

16,542
3,619
3,541
4,976
2,556

16, 693
3,655
3,571
5,045
2,609

16, 795
3,686
3,578
5,108
2,654

16, 726
3,641
3,560
5,037
2,603

f

16,921 ' 16,851
3,742
3,755
3,655
3,679
r
5,
078
M.929
r
2, 679 r<2 622

r

16,733 ' 16,902
3,692
3,731
3,679 r 3,666
r
4,
901
4,
975
r
2, 564 r 2, 557

r

r

do

5,472

5,813

5,685

5,518

6,094

5,546

5,947

6,411

8,239

5,328

5,143

5,773

5,819

'6,253

6,100

do. ..

4,631

4,857

4,767

4,601

5,107

4,611

4,915

5,364

6,943

4,478

4,330

4,859

4,858

5,233

5,107

Apparel group 9
do
Men's and boys' wear stores
do
Women's apparel accessory stores-- _ do. __
Shoe stores
do

307
29
124
90

316
30
134
88

307
30
130
87

263
25
115
71

310

311
30
131
83

348
34
152
83

567
60
246
133

247
26
97
73

228

138
84

309
25
128
93

22
95
66

365
29
147
119

304
26
132
86

350
33
148
100

335
32
144
94

Drug and proprietary stores
do
Eating and drinking places _
__ _ do. __
Furniture homefurnishings stores
do

137
100
40

144
104
42

141
108
41

138
111
38

143
115
44

135
107
41

138
109
51

143
105
52

226
107
51

140
102
32

138
100
39

148
111
45

141
111
44

152
120
47

152
131
46

General merchandise group 9
do _
Dept stores, excl mail order sales
_do_ _.
Variety stores
do
Grocery stores
_ - do
Lumber vards bldg materials dealers o" do
Tire battery accessory dealers
do

1,464
901
284
1,920
62
90

1,585
985
295
1,974
63
91

1,516
965
276
1,950
73
103

1,415
879
263
1,915
75
102

1,641
1,015
301
2,137
76
94

1,526
961
272
1,895
71
83

1, 615
1,000
292
1,965
75
93

1,843
1,137
321
2,140
64
94

2,995
1,850
611
2,081
50
132

1,262
790
216
2,086
46
75

1,246
763
238
1,982
47
72

1,564
968
304
1,970
52
82

1,592
1,002
281
1,975
61
96

1,696
1,074

69
106

1,698
1,075
304
1,981
79
115

do

4,848

4,914

4,983

4,871

4,809

4,922

5,043

5,089

5,111

5, 126

5,105

5 165

5, 240

do
do
do
do

311
28
136
83

324
33
141
82

341
33
147
90

316
31
132
87

298
29
125
84

310
27
135
83

326
29
137
92

336
31
139
94

337
33
140
90

326
29
136
98

343
31
151
91

348
34
146
95

349
32
153
91

do
- do
do

144
104
42

145
105
40

150
107
44

147
105
42

146
107
46

144
105
44

147
106
42

152
111
41

148
110
47

157
112
46

147
112
46

157
115
45

156
127
46

1,593
990
297
1,964
65
93

1,604
995
295
1,992
64
92

1,646
1,035
294
2,007
63
88

1,605
1,000
297
1,970
63
89

1.523
932
298
1,993
64
91

1,600
993
296
2,015
63
92

1,674
1, 050
305
2,017
61
99

1,698
1,057
318
2,041
63
99

1,743
1,090
318
2,018
67
98

1,721
1, 075
319
2,055
62
96

1,718
1,049
329
2,030
61
96

1 768
1 110

1,759
1 087
324
2,066
67
100

' 14,299 115,484
6,241
6,626
8, 058
8,858
7,441
7,826
6,858
7,658

13, 799
6,339
7,460
7,147
6, 652

13, 781
6,457
7,324
7,157
6,624

14,016
6,559
7,457
7, 264
6,752

13,990
6,532
7, 458
7,178
6,812

14, 269
6,588
7,681
7,381
6,888

14, 361
6, 456
7,905
7,381
6,980

15, 484
6,626
8,858
7,826
7,658

14, 628
6,259
8,369
7,409
7,219

14, 123
6,083
8,040
7,126
6,997

14, 335
6,131
8,204
7,221
7,114

48
17

49
17

48
16

49
17

50
17

48
17

50
18

50
17

49
18

49
17

48
16

50
18

48
18

48
17

51
18

43
40
17

43
39
18

43
39
18

43
39
18

44
39
17

42
40
18

41
41
18

43
39
18

45
38
17

43
37
20

42
39
19

43
39
18

42
40
18

43
40
17

44
38
18

190. 61

190. 81

191. 01

191.23

191. 44

191. 64

191.85

Estimated sales (seas adj ) total9t
Apparel group 9
Men's and boys' wear stores
TV^omen's apparel accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores

General merchandise group 9
do
Dept stores excl mail order sales
do
Variety s tores
_.do
Grocery store s
_ . do _
Lumber yards bldg materials dealerscf do
Tire battery accessory dealers
do
All retail stores, accounts receivable, end of mo.:
Total
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
_.
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
..do. _
Sales by type of payment:
Cash sales
percent of total sales._
Charge account sales
do
Installment sales
do

306
2,125

320

1,999

64
99

14,638 r l 5 197 1 5, 089
6,533
6,218 r 6, 491
8,420 r 8, 706
8,556
7,614
7,431 '7,718
7, 475
7,207 r 7, 479

EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas© -.- - - miL 2 186.66
EMPLOYMENT
Noninstitutional population, est. number 14 years
of age and over, total, unadj
~mil__ 130. 08

2

189.38

189. 16

189. 38

189. 62

132. 20

132.34

132. 50

182. 68

132. 85

133. 02

133. 20

133. 36

133. 52

133. 68

133. 87

134.04

134. 22

76, 086
73, 344
69. 891
5. 350
64, 541

76. 000
73. 261
69, 325
4,777
64, 548

75. 201
72. 461
68, 615
4, 039
64, 576

74, 514
71, 793
67, 228
3,993
63, 234

75, 259
72, 527
68, 002
3,931
64, 071

75, 553
72, 810
68, 517
4.017
64, 500

76,
73,
69^
4,
65,

544
799
877
429
448

77, 490
74, 742
71,' 101
5, 007
66,' 094

79, 389
76 645
71,' 953
5, 853
66 100

78, 958
76,218
72! 405
5, 819
66, 586

189. 89

190. 14

190. 39

192. 07

132.12

132.04

74, 681
71,854
67, 846
5, 190
69 657

75,712
72. 975
68, 809
4, 946
63, 863

77, 901
75, 165
70, 319
5,954
64,365

77,917
75, 173
70, 851
5, 969
64, 882

77, 167
74,418
70, 561
5,496
65, 065

75,811
73, 002
69, 546
5. 326
64, 220

4,007
1,119
5.6
thous .. 55, 400

4. 166
1,088
5.7
56,. 412

4,846
1,016
6.4
54, 135

4,322
933
5.7
54. 279

3.857
949
5.2
55, 178

3, 516
886
4.8
56, 686

3, 453
919
4.7
56, 596

3,936
864
5.4
56, 852

3,846
928
5.3
57, 824

4, 565
1, 106
6. 4
58, 685

4. 524
1,163
6.2
58, 099

4,293
1,322
5.9
57, 965

3,921
1, 237
' 5.3
57, 135

3,640
1, 084
'4.9
56, 376

4,692
1, 007
'61
54, 652

3,813
857
5. 0
55,258

Civilian labor force, seasonally adjt- -- do
72, 891 73, 207 72, 988
Emploved, total
do
68, 767 69, 1C1 68, 941
Agricultural emplovment
do
4 924
4. 872
5, 009
Nonaericultural employment
do
63, 843 64, 092 64 i 069
Unemployed (all civilian workers)
do
4, 124
4, 106
4,047
Long-term (15 weeks and over)
do
1,042
1,080
1,083
Rates (percent of those in group):
All civilian workers
5.7
5.6
5.5
5.5
5.5
Experienced wage and salary workers
5.4
5.6
5.4
r
Revised.
1 End of year.
% As of July 1.
§ See note marked "f" on p. S-ll.
9 Includes data not shown separately.
* New series; see corresponding note on p. S-ll.
cfComprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
fSee note marked "J" on p. S-ll.

73. 091
69, 044
4,877
64, 167
4,047
1,078

73. 168
69. 067
4, 939
64^ 128
4, 101
1, 114

73, 572
69, 222
4, 903
64,' 319
4,350
1,060

73, 224
69, 205
4, 890
64! 315
4^019
1,022

73, 667
69, 567
4, 936
64,' 631
4, 100
1, 105

73. 835
69, 832
4, 797
65,' 035
4', 003
1,007

73, 760
69,' 807
4 600
60' 207
3^ 953
1 047

74, 583
70, 559
4 748
65, 811
4,' 024
927

74, 595
70 754
4' 865
65 889
3, 841
934

74, 340
7o' 387
4 838
65* 549
3 953
l' 070

74, 230
70 591r
4 88 >
65 700
3 63^
' 95S

5 5
5'. 4

5 6
5'. 5

59
5'. 7

5. 5
5.3

Total labor force, incl. armed forces
Civilian labor force, total
_
Employed, total
Agricultural emplovmerit
Nonagricultural emplovment
Unemployed (all civilian workers)
Long-term (15 weeks and over)
Percent of civilian labor force
Not in labor force




thous..
do
do
do
do
do
do

c q
4 Q
56
5 4
54
5. 4
51
0. o
-t.
if
5^2
5.1
5! 3
5.3
5.'o
4^8
4.8
©Revisions for May 1960-Nov. 1962 are available upon request.
} Revised monthly data (back to Apr. 1948) appear in the "Monthly Report on the
Labor Force," Jan. 1964, U.S. Dept. of Labor, Wash., D.C., 20210.

SURVEY OF CURRENT BUSINESS

August 1004
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962 | 1963

Monthly
average

S-13
1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

May

Apr.

June

July />

EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total unadjustedf
thous _ 55, 841

57, 174

57, 609

57, 422

57, 651

58, 211

58, 426

58,220

58, 585

56,909

57, 045

57,388

57, 945 ' 58, 500 '59,178

58 968

16, 859
9,493
7,367

17, 035
9, 659
7,376

17, 111
9,738
7,373

17, 050
9,666
7,384

17, 199
9,609
7,590

17, 398
9,801

17. 229

17, 139

16, 935

16, 982

17, 051

7,317

17, 106 '17, 186 '17,396
9,801 r 9, 844 ' 9, 942
7,342
7, 454
7,305

17 326

9,676
7,306

9,734

7,597

17, 367
9.811
7, 556

Mining total 9
do
Metal mining
-- do
Coal mining
do
Crude petroleum and natural gas..
do

652

634

650

641

646

641

637

634

611

611

Contract construction __
do
Transportation and public utilities 9
do
Railroad transportation
_
_do
Local and interurban passenger transit. .do

2,909
3,903
797
271

3, 029
3,913

do
_do
do
do

880

Wholesale and retail trade
"Wholesale trade

do
do

Finance insurance and real estate
Services and miscellaneous -Government

do
do
do

Manufacturing establishments
Durable goods industries __
Nondurable goods industries

Motor freight trans, and storage
\ir transportation
_
_ __
Telephone communication
Electric, gas, and sanitary services

Totn.1 seasonally adju^tedf
Manufacturing establishments
Durable goods industries
Ordnance and accessories
Lumber and wood products
Furniture and fixtures
Stonr* clay and glass products
Primarv metal industries

do
__do
do

83
152
299

84
126
302

85
135
298

84
134
295

3, 364
3,975
258

3,437
3,976
791
258

3,378
3,982
780

273

3,232
3,954
789
269

898

912

920

921

934

82
139
293

774

200
688

210
688

611

612

11,582
3,061
8, 521
2,798
7,949
9,188

84
139
300

211
692

790

212
701

276

212
699

212
693

626

84
136
290
3,333

9,789
7,440

3,176

86
128
291

2,925

2,628
3,876
755

2,681
3 879

2, 760
3 883

2, 977
3 922

r 3, 191

r 3, 365

' 3, 949

' 4 001

284

283

273

278

279

272

885

888

889

899

r913

946

608

609

611

613

623

9
987 '•I 100
3 907
195
9
8 893
79
9
924
913
8, 641
543
9 878
873

r\0 998

3 931

773

214
685

215
685

618

611

611

610

609

I 9 014
3 208
8 806
2 884
8' 472
9 751

12 166
3 208
8 ( ) r )8
2 878
8, 406
9 787

12
3
9
2
8
9

774
38
^6
880
379
926

11.917

57 646

57 580

57 748
17, 127
9. 737
276
598

57 850
17, 119
9, 726
276
596

57, 194
17, 075
9,685
278
559

57 340
17. 103
9, 701
277
564

57 344
17,033
9, 652
'275
578
3 93

57 453
17, 076
9, 705
275
588

616

392
610

391
611

392
614

1,155

1, 155

8, 436
9, 547

1, 202

1, 208

1, 176

1, 164

17,119

17.061

9, 718
277
589

9. 688
275
595

1 128
1,490
1, 579

1 153
1 520
1, 582

1, 156
1, 508
1, 593

1 159
1 512
1, 587

1 16°
1 525
1,574

1 165
1 531
1, 574

1 164
1 545
1, 571

1 162

1 542

1 614

1 623

1 61S

1 580

393

389

7, 367
1. 760

7 376
1.738

903
1, 267
614
925
846
195
406
360

890
1,298
621
928
866
188
409
350

7,390
1,732
88
889
1, 306
620
936
868
187
414
350

1*548
1, 557

214
688

9, 750
270
601

58 397
17 942
9,814
268
607

58 509
17 301
9. 868
266
599

1 166

1, 169

1, 177

1 183

1 909

1 169
1 r vn
1, 566

1 164
1 559
1, 564

1 176
1,547
1, 559

1 186
1 567
1,563

1 691

1 631

375

375

1 (140

401

394
612

394
612

17,175

395
618

r I 644

1 630

403

'380
r
403

380

401

405

7, 425
1,743

7. 428
1, 735

7,433

r 7, 470

1, 724

r 1, 725

899
1.309
627
943
876
185
416
348

897
1, 318
629

625
3, 162
3, 930
12, 143
2,918

631
3,144
3, 954

7, 373
1, 733

7, 393
1,741

86

89

891
1,317
623
935
870
188
408
353

91

95

7. 390
1,741

887
1,302
623
937
870
189
404
350

886
1, 306
622

889
1, 291
622
931
870
189
406
347

888
1, 295
624

891
1, 299
624

935
869
190
402
352

890
1,312
620
934
871
189
402
352

939
871
188
405
348

940
872
186
407
345

897
1,310
627
942
872
185
412
348

652
639
640
635
634
Mining
do
2,909
3,083
3,046
3, 069
3, 029
Contract construction
do
3, 903
3,919
3, 941
3, 936
3 913
Transportation and public utilities
do
11, 582 11,865 11, 864 11,884 11,907
Wholesale, and retail trade _
do
2,798
2,870
2, 873
2,865
2 866
Finance insurance and real estate
do
8,282
7,949
8, 373
8,349
8, 297
Cervices and miscellaneous
do
9,504
9,188
9,489
9, 499
Government
do
9 535
Production workers on mfg. payrolls, unadjusted:!
Total, unad justed t
thous__ 12, 494 12, 585 12, 652 12. 571 12, 705
12, 628 12, 650 12, 575
Soasonaily adjusted. _
do
7,059
7,138
6,946
7,056
6, 995
Durable goods Industries, unadjusted, .do
7,086
7 103
7 051
Seasonfillv adjusted
do
119
118
120
118
118
Ordnance and accessories
do
524
526
523
528
547
Lumber and wood products _ _
do
324
322
320
321
331
Furniture and fixtures
do
490
508
479
512
516
Stone clay and glass products
do
942
984
936
970
946
Primary metal industries
do
424
421
429
458
453
Blastfurnaces steel find rollin01 mills do
884
864
894
879
889
Fabricated metal products
do
1, 053
1, 055
1,041
1,044
Machinerv__
_ _ _ _ _ d o __ 1, 036
1, 057
1, 060
1,057
1,040
1, 048
Electrical equipment and supplies. _.do
1,113
1,121
1,061
1, 099
984
Transportation equipment 9
do
572
534
581
565
450
Motor vehicles and equipment _ __do _ _
356
352
350
351
351
Aircraft a n d parts _ _ _ _ _ _
do
237
239
230
237
240
Instruments and related products
do
316
315
332
316
312
Miscellaneous mfg. industries
do
5, 514
5, 526
5,548
5, 515
Nondurable goods industries, unadj
do
5,710
5 542
5 547
Seasonally adjusted
do
5 594
1, 155
1,272
1, 146
1, 176
1,188
Food and kindred products
_
do
79
77
64
63
Tobacco manufactures
do
88
812
797
802
792
803
Textile mill nroducts
do
1, 151
1. 125
1,133
1, 140
1,183
Apparel and related products
do
488
492
486
487
Paper and allied products
do
495
594
590
592
Printing, publishing, and allied ind__do
589
592
524
517
527
Chemicals and allied products
do
525
528
120
125
122
122
Petroleum refining and related ind do
123
101
95
96
Petroleum refining
do
96
96
314
315
319
307
Rubber and misc. plastic products___do
310
309
319
Leather and leather products
do_ ._
309
316
310
1
"•Revised.
* Preliminary.
Total and components are based on unadjusted data.
tBeginning with the Sept. 1963 SURVEY, data for employment, hours, earnings, and
labor turnover reflect adjustments to Mar. 1962 benchmarks. The revision affects series
back to Mar. 1959 and, for seasonally adjusted data, all series beginning Jan. 1952, with only

632
3,071

629
3, 066

630
3, 057
3, 928

630
3, 069
3,915

623
3,017

624
3, 169




11, 922

2,873
8,377

3,937
11,935

11,941

2, 887

2. 887

8,430

8,423

9, 643

9, 653

12, 895
12, 649

12, 756
12, 590

7,204
7, 110
120
543

7,180
7,081
119
534

334
504
929
410

332
501
928
408

913
1,056
1,074
1,149

907
1.059
1,065
1, 157

599
361

608
363

5 514
1,285

240
342
5,691
5 539
1,248

241
337
5, 576
5 509
1, 169

95
803

94
804

87
802

1, 180
495
597
527
121
95
315
311

1,180
493
599
526
120
94
317
309

1,161
492

9, 552
12, 923

12,611
7,193
7 097
119
551

333
510
942
420

909
1, 055
1, 067
1.125

584
356

240
341

5,730

598
522
118
94
318
309

89

3,923

3,934

12, 072

377

90

9, 705

9,718

12, 143
2,911
8, 515
9,712

12, 665
12, 653

12, 472
12, 639

12, 518
12, 697

12, 584

7,155
7 129
119
522

7,064

7,075

7,132

11,963
2,892
8,447

329
486
941
414

904
1,077
1.062
1, 163

612
366

240
313
5, 510
5 524
l' 128

83
795

1, 150
491
602
522
116
93
315
308

2,904
8,474

7,120
118
502

324
467
945
418

891
1, 083
1,051
1,152

7,148
114
504

8,552
9. 755

12,759
7,207
113
506

325
471
958
428

327
480
966
434

892
1,081
1,040
1,148

898
1,104
1,037
1,153

604
357

605
363

598
360

237
294

237
305

238
309

5,408

5,443

5,452

5 519
1,081

5 549
1,064

5 552
1,057

74
795

70
798

1,136
484

1,174
483
594
521
114
93
315
308

1, 177
485

76
788

592
519
114
93
313
304

411
699

370

7, 401
1.742

3,950

fj8 888
17 380
9,913
250
594

r ] (J43

7 371
1,723

88

I9 "0
'} 985
8 93 r>
9
996
H' 773
9 496

377

7,381
1,728

91

3 49
8 979
9
957
8 733
9 851

1 660

7 402
1, 730

87

9

1 609
1,574

397

89

221
708

58 WO r 58 750
17, 393 '17 300
r 9, 853 r 9, 886
r 262
' 255
r 592
588
r 401
T 4 oft
r 693
9
06

3 492
4 994

769

1 1 S9 r 1 195
1 585 r \ ^g^
^ 1,571 '1,571

396

91

401
691

r

641

1 5^5
1, 570

1 699

375

11
3
8
2
8
9

7, 449

1 939

1 619
'373
398

373

399
693

219
••701

9,877

r (y>8
r 1 99 1

395

375

996
188
738
895
415
847

r764

217
699

58 183

3 901
8 716
2, 875
8,313
9, 751

1 647

375

215
691

11
3
8
2
8
9

1 635
"373
398

375

762

11 837
3 187
8 650
2' 885
8, 362
9 808

9

398

372

754

753

394

391

88
129
301

913

155,841 '57 174
do
16, 859 17, 035
_do
9,493
9, 659
do
271
do
589
5«6
do -385
390
do
594
608
do - 1,
164
1,166
do

Nondurable goods industries
do
Food and kindred products
do
Tobacco manufactures
do
Textile mill products
do
Apparel and related products
do
Paper and allied products
do
Printing, publishing, and allied i n d _ _ d o
Chemicals and allied products
do
Petroleum refining and related ind do
Rubber and misc. plastic products__.do
Leather and leather products
do

85
129
289

282

11,942

360

83
130
288

279

11,878
3 196
8 682
2,919
8, 457
9, 139

do
do

83
134
287

925

97C

11,832
3 168
8 664
2,916
8, 474
9,170

Instruments and related products
Miscellaneous manufacturing ind

82
135
290

213
685

2,887

'647

83
137
295

212
691

3 199
8 743

631

624

936

11,848
3.132
8 716
2, 885
8,423
9, 506

do
do

614

776

11,865
3 143
8 722
2,866
8, 297
9, 535

ATacninerv
Electrical equipment and supplies

631

3,944
770

3 968

626

392
615

9,666
7,269

84
136
292

619

390
612

9,765
7,374

598
528
114
92
317
307

90

947
873
185
419
351

12,211
2,925
8,543
9,793

r

I

90

' 7, 474
r 1,711

90

898
'898
' 1, 336 ' 1. 348
r 630
' 632
'953
'955
877
'884
184
184
422
'419
'355
353
628
r 3, 159

r 636

' 3, 172
' 3, 965
' 12, 209 ' 12, 244
r 2, 930 ' 2, 936
' 8, 572 ' 8, 587
r 9, 808 ' 9, 850
r 3, 961

12, 634 ' 12, 710 r 12, 888
12, 813 r 12, 824 ' 12, 860

7,198
7, 260
112
518

' 7, 327
' 7, 273
109
' 106
'532
' 553
' 328
'337
* 506
'521
'989 ' 1, 001

r 7, 241
r 1, 236

330
494
979
444
906
1,112
1,036
1,160

608
354

'

' 452

462

911
1,116

* 926
' 1,125

1,035

r 1, 047

1,158

' 1, 147

608

601

'349
'344
'236
237
239
321
' 326
315
5, 436 ' 5, 469 5, 561
5 588 r 5 5^7
5 553
1 063 ' 1, 078 1, 117
66
' 66
67
802
' 809
799
1, 156 ' 1, 160 r 1, 181
490
498
488
600
r 604
599
534
' 534
533
115
' 117
114
92
91
91
'321
319
316
302
304
312

407
7 467
1,707

91
897
1, 334
632
956
888
184
423
355
640
3, 186
3, 984
12, 273
2, 949
8, 643

9,833
12, 814
12, 894
7, 269
7 314
104
558

337
52!)

999
913
1,115
1, 046
1, 118

583
338
238
321
5, 545
5 580
1 159

06
794
1, 150
492
603
535
117
92
318
310

minor revisions prior to that time. Revisions not shown are available in the 1963 edition of
BUSINESS STATISTICS and in BLS Bulletin 1312-1, "Employment and Earnings Statistics for
the United States, 1909-62," 6 54 pp., $3.50, GPO, Wash., D.C., 20402.
9 Includes data for industries not shown separately.

SURVEY OF CUEEENT BUSINESS

S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

August 10H4

1963
June

July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr,

+

May

July »

June

EMPLOYMENT AND POPULATION—Continued
1

EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch):
United States
thous..
Wash., D.C., metropolitan area
...do

2,311
230

2,328
239

2,335
243

2,344
246

2,337
244

2.312
239

2,314
240

2,313
240

i 2, 452
1243

2,293
239

2,291
240

2,293
241

2,304
241

2, 302
241

2,313
246

79. 5

720

'714
277.1

715
77.3

714
77.5

714
78.2

703
78.2

699
78.5

694
79.3

693
79.5

680
73.8

-•676
74.3

'677
74.9

T
685
' 75.7

"689
P75.4

p 693
P 75.1

697
75.7

116.4
113.7
90.5

127.0
118.0
90.6

138. 9
119.9
95.9

146.8
118.1
90.2

152.2
118 2
93. 1

149.5
122. 6
94.0

149.7
122 6
92 8

131.5
121.5
90.5

119.2
122 4
91.4

102. 4
117.7
87.8

109.2
119. 4
86.9

114.1
120.4
85.9

127. 1
122.0
89.4

' 139. 7
123 6
92 5

148.9
1°6 1
95 o

194 5

40.4

40.4

2.8
40.9

2.8
41.1
2.9

40.5
40 4
2.9
41.1
41.2
2.9

40.5
40 3
2.9
41.0
41 0
3.0

40.7
40 7
3.1
41.3
41.3
3.2

40.7
40 6
3.0
41.4
41 2
3.2

40.5
40 5
3.0
41.2
41.1
3.2

40.8
40 5
3.1
41.6
41.5
3.3

39.8
40 1
2.7
40.6
40.8
2.9

40.3
40 6
2.7
41.0
41.3
2.8

40.4
40 7
2.8
41.0
41.2
2.9

40.5
40 7
2.9
41.3
41.4
3.1

40 7
40 7
30
' 41 5

2.8

40.8
40 5
3.0
41.6
41.3
3.2

40
40
3
41
41
3

40
40
3
41
41
3

Ordnance and accessories
doLumber and wood products
do
Furniture and
fixture*'
do
Stone clay and plass products
do
Primary metal industries
do
Blastfurnaces, steel and rolling mills. do

41.1
39.8
40.7
40.9
40.2
39.0

41.1
40.1
40.9
41.3
41.0
40.0

41.2
40.9
40.9
42.1
42.2
41.9

40.6
40.6
40.8
41.9
41.1
40.5

41.0
40.6
41.6
41.9
40.6
39.4

41.3
40.8
41.6
41.8
40.7
39.3

41.2
40.8
41.6
42.1
40 4
38.7

40.8
39.7
41.3
41.5
40.6
39.0

41.5
40.0
41.9
40.6
41.3
39.5

40.8
38.6
39.4
39.8
41.1
40.0

40.3
39.6
40.7
40.7
41.1
40.0

40.2
39.7
40.7
40.8
41.4
40.5

40.4
39.9
40.7
41.6
41.6
40.9

40 2
MO. 5
40 5
'42 1
41 8
41.0

r 40 4

Fabricated metal products _
_ ._ do
Machinery
_
do
Flectrical equipment and supplies
do

41.1
41.7
40.6

41.4
41.8
40.4

41.7
42.1
40.6

41.2
41.7
40.2

41.5
41.6
40.3

41.9
41.9
40.7

41.8
41.8
40.6

41.5
41.8
40.4

41.9
42.5
40.8

40.9
41.8
40.0

41.2
42.3
40.2

41.2
42.4
40.2

41.5
42.5
40.3

41 8
r 42.7

42 0
'42.8
MO 5

41 7
42.3
40 4

Transportation equipment 9 Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. industries

do -_
do
do
do
do

42.0
42.7
41.8
40.9
39.7

42.0
42.8
41.5
40.8
39.6

42.3
43.2
41.4
40.9
39.7

42.0
42.8
41.4
40.7
39.2

40.8
40.3
41.5
40.7
39.8

41.9
42.1
41.7
41.1
39.9

42.7
43.9
41.6
41.1
40.1

42.8
44.3
41.4
41.0
39.8

43.0
44.7
41.5
41.0
39.8

41.5
42.2
41.1
39.8
38.4

41.5
42.2
41.0
40.5
39.5

41.4
41.7
40.9
40.4
39.8

42.0
42.9
41.0
40.5
39.6

42 0
42.9
40 9
MO. 7
39.4

' 42 5
'43.6
' 41 3
Ml. 0
'39.7

41 7
42.3
41 5
40.7
39.4

Nondurable goods industries, unadj
Seasonally adjusted
Average overtime
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products
Paper and allied products. _

do
do
do
do
do
do- do
do

39.6

39.6

2.7
40.9
38.6
40.6
36.2
42.5

2.7
40.9
38.6
40.6
36.1
42.7

39.8
39.6
2.8
41.2
40.3
41.0
36.3
43.0

39.8
39.5
2.8
41.4
38.8
40.4
36.3
42.9

40.0
39.6
2.8
41.4
40.2
40.7
36.8
43.1

39.9
39.7
3.0
41.6
39.7
40.6
36.3
43.2

39.9
39.8
2.9
41.2
39.7
41 3
36.3
43.2

39.6
39.5
2.8
41.0
38.9
41.3
35.8
42.8

39.9
39.6
2.8
41.1
39.4
41.3
35.9
43.0

38.7
39.1
2.5
40.3
36.9
40.0
33.9
42.1

39.4
39.9
2.6
40.2
35.3
40.9
36.3
42.5

39.5
39.9
2.6
40.1
37.8
40.7
36.4
42.4

39.4
39.8
2.7
40.3
39.5
40.7
36.1
42.5

39.7
39 8
2.8
40.9
'39 3
41 1
'35.9
42.7

39.9
39 7
2.9
Ml. 1
'39.7
' 41 3
36.1
43.0

39.8
3Q 5
2.8
40.9
38. 1
41 0
36.3
42.9

do- do
do
do
do
do

38.3
41.5
41.6
41.2
41.0
37.6

38.3
41.5
41.7
41.4
40.8
37.5

38.3
41.7
42.3
41.6
40.7
37.9

38.2
41.6
42.4
41.6
40.5
38.0

38.5
41.4
41.6
40.6
41.0
38.3

38.6
41.5
42.2
41.7
41.4
37.5

38.4
41.4
41.7
41.0
41.1
37.8

38.2
41.4
41.5
41.5
41.0
37.2

38.9
41.7
41.4
41.5
41.7
38.9

37.9
41.1
41.3
41.4
40.5
37.4

38.2
41.3
41.4
41.3
40.6
38.2

38.5
41.6
41.4
41.2
40.8
37.7

38.5
41.6
41.3
40.9
40.9
36.5

38 5
41.7
42.0
41.3
Ml. 4
37.6

' 38 5
Ml. 7
M2. 1
Ml. 2
Ml. 6
' 38. 6

38 2
41.4
42.3
41.3
40.9
38. 9

41.0
do- -41.5
do
«36.6
do
42.0
do

41.6
41.2
"38.8
42.1

42.7
41.7
41.0
42.3

41.2
40.8
42.4

42.0
41.0
38.0
42.6

42.1
41.6
39.2
42.1

42.3
41.3
39.0
42.5

41.3
41.2
37.8
42.2

41.6
42.1
39.7
42.3

41.2
42.3
39.3
41.9

41.4
42.1
38.2
42.3

41.1
42.0
36.6
42.4

41.5
41.6
37.6
42.1

' 42 0
M2. 0
'38.7
M2. 1

42 3
41.9
39.6
41.9

37.0
35.6
40.5
36.3

37.3
36.0
41.3
36.5

38.4
36.6
42.9
37.5

38.5
37.0
43.2
37.4

38.8
37.2
43.5
37.5

38.3
36.6
42.9
37.2

38.9
37.3
43.6
37.7

36.4
35.1
40.0
35.7

35.3
34.3
36.7
35.5

34.1
32.8
36.6
34.1

35.9
35.1
38.9
35.4

30.5
35.9
39.1
36.0

37.1
36.0
40.5
36.4

37.9
'36.5
42 1
' 37. 1

38.2
36.6
42 4
37.4

42.6
41.5
39.9
41.0
38.7
40.6
37.9

42.2
41.6
40.0
41.2
38.6
40.6
37.8

43.0
42.2
40.0
41.3
38.9
40.7
38.1

42.6
41.7
40.3
41.2
39.2
40.8
38.5

42.5
42.3
40.1
41.3
39.2
40.7
38.5

42.1
42.0
40.5
41.4
38.6
40.6
37.7

42.0
42.3
40.4
41.4
38.4
40.7
37.5

41.8
41.3
40.8
41.4
38.3
40.5
37.3

41.9
41.9
39.6
41.5
38.8
40.9
38.0

42.0
40.5
39.3
41.5
38.1
40.2
37.1

41.5
41.0
39.6
41.0
38.2
40.3
37.2

40.9
41.2
39.5
41.0
38.2
40.5
37.1

41.9
41.5
39.3
41.0
38.2
40.6
37.2

' 42. 6
41.8
'39.8
r
41.2
r
38 3
40 7
r
37 3

42.7
42.3
39.9
41.3
38.7
40 8
37.8

39.1
38.9

39.0
39.0

38.5
39.6

40.3
39.1

40. 6
39.0

39.2
39.1

39.1
39.0

38.8
38.8

38.6
38.9

38.8
38.0

39.1
38.3

39.0
38.6

38.8
38.9

'38.6
39.3

38.4
39.1

Average weekly gross earnings per production
worker on payrolls of nonagric. estab. :f
All manufacturing establishments!
--dollars-- 96.56
104. 70
Durable ffoods industries
_ do
116.31
Ordnance and accessories
do
79.20
Lumber and wood products
do

99. 38
108. 09
119. 60
81.80

100. 37
109. 82
118.24
82.62

99. 23
108. 09
117. 74
82.42

98. 42
107. 01
119.31
84.45

100. 53
109. 45
121.01
86.50

100. 53
109. 71
121.13
85. 68

100. 85
110.00
120.36
82. 97

102. 41
111.90
123. 26
83. 20

99.90
109. 21
121.18
79.90

101.15
109. 88
119.29
81.97

101. 40
110. 29
119. 39
82.18

102.06 102. 97 103. 48
102. 97
111.51 '112.47 113. 01
112. 19
119.99 120. 20 ' 120. 80 119. 50
84.19 ' 86. 27 ' 87. 51 88. 32

Railroad employees (class I railroads) :
Total
- - do
Index, seasonally adjusted
1957-59=100--

2

INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) t-1957-59= 100..
Manufacturing (production workers) f
do
Mining (production workers)t
-- do_-

r

HOURS AND EARNINGS t
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab , unadj f
hours
Average overtime
Durable goods industries
Seasonally adjusted
Average overtime

do
do
do
do

Printing publishing and allied ind
Chemicals and allied products
Petroleum refining and related Ind
Petroleum refining
Rubber and misc. plastic products
Leather and leather products
Nonmanufacturing establishments:!
Minin^Q
Metal mining
Coal mining
Crude petroleum and natural ^as
Contract construction
General building contractors
Heavy construction
Special trade contractors

do-- .do
do
do

Transportation and public utilities:
Local and suburban transportation
Motor freight transporation and storage
Telephone communication
Electric, gas, and sanitary services
Wholesale and retail trade 5
Wholesale trade
Retail trade §

do
do
do
do- -do
do
do

Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plantscf-do

r 41 4

'3 1

40 4

r

9
6
2
7
4
4

40.7
41 0
' 42 2
42 0
41.1

7
6
0
4
5
2

39 7
40.7
40 7
42 1
41 7

do
do
do

79.37
98.57
119.80

81.39
102. 42
124. 64

81.39
104.41
129. 55

81.19
104. 33
125. 77

83.20
104. 33
123. 02

84.03
104. 50
123. 73

84.03
105. 67
122.41

83.43
103. 75
123. 42

85.06
101.50
126. 38

79.59
99. 50
125.77

82.21
101. 75
126. 18

82.62
102. 00
127. 51

82.62
81.81
83.23
104. 83 ' 106. 93 r 107. 61
128.54 129. 58 '130.62

82. 62
107. 36
129. 69

Fabricated metal products
_ _ do
Machinery
do
Electrical equipment and supplies
do

104. 81
113.01
97.44

108. 05
116. 20
99.38

108. 84
117.04
99.88

107. 53
115. 51
98.89

108. 32
115 23
98.74

110. 20
117. 32
100.53

109. 93
117.04
100. 28

109. 56
117.88
100. (30

111.04
120. 70
102. 41

108.79
118.71
100.40

109. 18
120. 56
100. 90

10.9. 59
121. 26
100. 90

111.22 112.02 112.98
121 98 '122 98 '123 ?6
101.56 101.81 ' 102. 47

111.76
1?1 40
102. 21

122. 22 126. 42 126. 90 125. 58 121. 58
Transportation equipment
do
Instruments and related products
do
99.80 101. 59 101.84 100. 94 101.34
78.21
79.18
80.39
80.19
Miscellaneous mfg. industries
do
79. 6C
r
Revised.
*>
Preliminary.
«
Average
for
11
months.
1
Includes Post Office employees hired for the Christmas season; there were about 144.000
such employees in the United States in Dec. 1963. 2 Based on unadjusted data.

127.80
102.75
80.60

131. 52
102. 75
81.40

132. 68
102. 91
81.59

133.30
102.91
82.39

127.41
99.90
79.87

126. 99
101.66
82.16

126. 68
101. 40
82.78

129.36 '129.36 ' 131. 75
102.06 '102.56 r 103. 73
82.76
81. 95 ' 82. 18

128. 44
102. 97
81.95

Furniture and fixtures ._ _
Stone, clay, and glass products
Primary metal industries




!See corresponding note, bottom p. S-13.
9 Includes data for industries not shown
separately.
§Except eating and drinking places.
o"Beginning Jan. 1964, data relate to nonsupervisory workers and are not comparable
with the production-worker levels for earlier periods.

SUEVEY OF CUEEENT BUSINESS

1!K>4

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

S-15
1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

89.83
90 52
96.32 ' 98. 16
80.19 '80 17
71.63
72 75
63.90 ' 63. 54

May

June

July P

EMPLOYMENT AND POPULATION— Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.f — Con.
All manufacturing estab.f— Continued
Nondurable goods industries
dollars
Food and kindred products
. do ...
Tobacco manufactures
do
Textile mill products
_. do._Appareland related products
_do

90 97
98 64
81 39
73 10
63. 54

91 14
97 34
78 11
72 Id
64. 25

109. 65
'113 58
' 116 34
' 133 46
' 105. 66
' 70 64

110.25
112 69
115 92
134 51
103. 89
70 41

85. 54
91.62
71.41
68.21
61.18

87.91
94.48
73.73
69.43
62.09

88 36
95.17
81.81
69.70
61.35

88.36
95.63
78.76
68.68
61.71

88 40
93 98
73 57
69 19
63.30

89.38
95.68
71.46
69.83
64.25

88.98
94.35
71.46
71.04
64.25

89.10
95.94
73.13
72.28
63.01

90. 17
96.59
74. 86
72. 69
63.54

87. 85
95.91
72.69
70.40
60.00

89.04
95.68
68.84
71.98
64.61

89. 67
95.84
75.60
71.63
64.79

102.00
107. 62
109. 98
126. 88
100.04
64.67

105. 90
110.30
112 88
131.77
100. 78
66.00

106. 21
110.69
113 42
133. 25
100. 53
66.70

106. 82
110.02
113.98
133. 98
100. 04
66.12

107. 32
111 27
113 02
130 21
100. 86
67 41

108.43
112.71
114 13
134 20
102.67
67.13

108. 43
111.74
113 85
131.77
101.93
67.66

107. 43
110. 78
113. 85
132. 39
102. 91
66.59

108. 36
113. 98
115 09
132 89
105. 08
69 63

106. 09
110.67
113.85
132. 16
101.25
66.95

107. 10
111.93
113 99
132. 07
101. 09
68 76

106. 85
113. 58
114. 40
131. 24
101. 59
68.24

107. 53 108. 46
113.58 113 96
114 40 115 51
130. 92 133 14
102. 25 ' 104. 74
66 43
68 43

-do
do __
do
do

110. 70
117. 45
113 09
109. 20

114.40
118.66
119 95
111.99

117. 85
118 85
128 74
113.36

1 12. 06
116. 69
108 19
112. 36

115 08
118 08
118 18
113.32

117.04
121 06
123 48
113. 67

in 68

116.75
120 60

113.05

113.99
119. 89
117 94
113.10

116.
122
125
113.

48
51
85
79

115.36
123. 09
124 97
112.71

115. 09
122 51
121 09
112.94

113. 85
122. 64
115 66
112. 78

115.37
122 30
121 45
111.57

' 117
60
'193 90
' 195 78
'111.99

118 O9
123 61
129 89
110. 62

_ _ . do__.
-do
do
do

122. 47
112. 50
122. 31
128. 50

127. 57
117.72
128. 03
133. 59

129 79
118. 58
132. 13
135. 75

130.90
120. 62
135. 22
136. 14

13? 70
122 02
137. 03
137 25

13290
121.88
136.85
137.64

134 98
124. 58
138. 65
139. 49

125. 58
116. 53
124. 00
131.38

124 96
115. 93
118.17
133. 48

122. 08
111.52
118. 95
129. 24

127 09
118.29
123.31
133.81

128. 48
120. 98
121. 99
135. 36

131 33 ' 133 03
122 76 ' 123 37
127. 98 133. 88
137 23 ' 139 13

133 39
122 98
135. 26
139 88

Transportation and public utilities:
Local and suburban transportation
do
Motor fr ei gh t tran spor ta ti on and storage -do
Telephone communication
do
Electric, gas, and sanitary services - do. _

100. 11
113.30
98.95
116 85

101. 70
117.31
102. 40
121 13

103. 63
118.58
102. 00
121 42

103. 09
118. 85
102. 36
121. 13

103. 28
119.71
102.26
121 42

102.30
120. 12
105.30
123 37

102. 48
120.13
105. 04
122 96

102. 41
117. 29
106. 08
123.79

102. 24
120. 67
103. 36
124 92

103. 32
116. 24
102. 18
194 09

101.68
118.49
102. 56
123 00

98.98
119. 89
102. 70
123 00

103. 49 ' 105. 65 105. 90
121.18 ' 122. 47 123. 52
101 79 r 104 28 104 14
123 00

75.08
96.22
65.95

77.59
99.47
68.04

78.19
100. 12
68.96

78.79
99.55
69.30

78 79
99 72
69.30

78.36
100 69
68.61

77.95
100 94
68.25

77. 75
100. 85
68. 26

77.60
101. 43
68.40

78.11
100. 10
68.26

78. 69
100 75
68.82

78.69
101. 66
68.64

79 07
102 31
69 19

71 80
93 46

74 97
96 28

74 40
96 13

74 77
96.65

74 40
96 66

75 14
96 72

74 97
96 79

75 35
96.86

76 13
97 67

76 70
91 36

77 08
92 14

76 09
91 55

75 92
91 63

' 76 26 75 89
92 04
91 81

46.14
50.57

47.58
51.87

47.36
52.67

47.96
52.00

48.31
51.48

48.22
52.00

48.09
51.87

47.72
51.99

47.86
52.13

47.72
53.58

47.70
54.00

47.97
54.81

48. 89
55. 63

' 49. 02
56. 59

48. 00
56.30

2.39
2 31
2.56
2 48

2.46
2 37
2.63
2 54

2.46
2 37
2.64
2 54

2.45
2 37
2.63
2 54

2.43
9 35
2.61
2 52

2.47
2 38
2.65
2 55

2.47
2 38
2.65
2 55

2.49
2 40
2.67
2 57

2.51
2 42
2.69
2 58

2.51
2 43
2.69
2 60

2.51
2 42
2.68
2 59

2.51
2 43
2.69
2 60

2.52
2 44
2.70
2 61

2.53
2 44
2.71
2 61

2.53
2 44
2.71

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 83
1 99
1 95
2.41
2.98
3,29

2 91
2 04
1 99
2.48
3.04
3.36

2 87
2 02
1 99
2.48
3.07
3.39

2 90
2 03
1 99
2.49
3.06
3.37

2 91
2 08
2 oo
2.49
3.03
3.33

2 93
2 12
2 02
2.50
3.04
3.35

2 94
2 10
2 02
2.51
3.03
3.33

2 95
2 09
2 0°
2.50
3.04
3.33

2 97
2 08
2 03
2.50
3.06
3.36

9 97
9 07
2 o?
2.50
3.06
3.35

2 96
9 07
2 02
2.50
3.07
3.37

2 97
2 07
2 03
2.50
3.08
3.37

2 97

2
2 13

Fabricated metal products
Machinery
_
Electrical equipment and supplies , _ .
Transportation equipment 9
__
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. Industries. . .

do
do
do
do
do
do
do
do_._

2.55
2.71
2.40
2.91
2.99
2.87
2.44
1.97

2 61
2 78
2.46
3 01
3.10
2 95
2.49
2.03

2 61
2.78
2.46
3.00
3.07
2.94
2.49
2.02

2.61
2.77
2.46
2.99
3.05
2.95
2.48
2.02

2 61
2 77
2.45
2 98
3.04
2 96
2.49
2 00

2 63
2.80
2.47
3.05
3.14
2.99
2.50
2.02

2 63
2 80
2 47
3 08
3.18
2 99
2.50
2 03

2 64
2 82
2.49
3.10
3.21
3 00
2.51
2.05

2 65
2 84
2.51
3 10
3.21
3 01
2.51
2.07

2 66
2 84
2.51
3 07
3.17
3 01
2.51
2 08

2 65
2 85
2.51
3 06
3.14
3 02
2.51
2 08

2 66
2 86
2.51
3 06
3.14
3 01
2.51
2 08

2 68
2 87
2 52
3 08
3.17
3 02
2.52
2 09

do__.
do
do
do
do
do
do

2 16
2.09
2.24
1 85
1 68
1 69
2.40

2 22
2.15
2.31
1 91
1 71
1 72
2.48

2 22
2.14
2.31
2 03
1 70
1 69
2.47

2.22
2.15
2.31
2 03
1 70
1 70
2.49

2 21
2.13
2.27
1 83
1 70
1 72
2. 49

2 24
2.16
2.30
1 80
1 72
1 77
2.51

2 °3
2.16
2.29
1 80
1 7?
1 77
2.51

2 25
2.17
2.34
1 88
1 75
1 76
2.51

2 26
2.19
2.35
1 90
1 76
1 77
2.52

2 27
2.20
2.38
1 97
1 76
1 77
2.52

2 26
2.19
2.38
1 95
1 76
1/73
2.52

2 27
2.20
2.39
2 00
1 76
1 78
2.52

2 28
2.20
2.39

do
do
do
do
do
do

2.81
2.65
3.05
3.19
2.44
1.72

2.88
2.72
3.16
3.32
2.47
1.76

2.89
2.72
3.15
3.33
2.47
1.76

2.88
2.74
3.16
3.34
2.47
1.74

2.89
2.73
3.13
3 31
2.46
1.76

2.92
2.75
3.18
3.35
2.48
1.79

2.91
2.75
3.16
3 33
2.48
1 79

2.90
2.75
3.19
3.36
2.51
1.79

2.93
2.76
3.21
3 37
2.52
1.79

2.92
2.77
3.20
3 35
2.50
1 79

2.93
2.76
3.19
3 34
2.49
1.80

2.70
2.83
-3.09
2.60
3.31
3.16
3.02
3.54

2.75
2.88
«3. 12
2.66
3.42
3.27
3.10
3.66

2.76
2.85
3.14
2.68
3.38
3.24
3.08
3.62

2.72
2.86
2.65
3.40
3.26
3.13
3.64

2.74
2 88
3.11
2.66
3.42
3.28
3.15
3.66

2.78
2.91
3.15
2.70
3.47
3.33
3.19
3.70

2 76
2 92
3.12
2.66
3.47
3.34
3 18
3.70

2.76
2.91
3.12
2.68
3.45
3.32
3.10
3.68

2.80
2.91
3.17
2.69
3.54
3.38
3.22
3.76

2.80
2 91
3.18
2.69
3.58
3.40
3.25
3.79

2.35
2.73
2.48
2.85

2.41
2.82
2.56
2.94

2.41
2.81
2.55
2.94

2.42
2.85
2.54
2.94

2.43
2.83
2.55
2.94

2.43
2.86
2.60
2.98

2.44
2.84
2.60
2.97

2.45
2.84
2.60
2.99

2.44
2.88
2.61
3.01

1.94
2.01
2.01
2.01
2.01
Wholesale and retail trade§
do
2.46
2.37
2.44
2.45
Wholesale trade
__
do
2.45
1.74
1.80
1.81
1.80
1.80
Retail trade§
do »
Services and miscellaneous:
1.23
1.18
1.22
1.19
Hotels, tourist courts, and motels
do
1.19
1.33
1.30
1.32
1.33 ' 1.33
Laundries, cleaning and dyeing plants Ado
'Revised. t> Preliminary. ° Average for 11 months. § Except eating and drinking places.
tSee corresponding note, bottom p. S-13. 9 Includes data for Industrie snot shown separately.
©Effective Jan. 1964, data exclude earnings of nonofnce salesmen and are not comparable
with earlier figures.

2.03
2.48
1.82

2.03
2.48
1.82

2.03
2.49
1.83

1.23
1.33

1.23
1.33

1.23
1.34

Paperand 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
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

Finance, insurance, and real estate:
Banking _
__
do __
Insurance carriers©
do. .Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plantsAdo
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:t
All manufacturing establishments!
dollars..
Excluding overtimed1
do
Durable goods Industries 1
do
Excluding overtimed
do

Nondurable goods Industries
Excluding overtimed1
Food and kindred products
Tobacco manufactures Textile mill products
Apparel and related products
Paperand allied products
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
Rubber and misc. plastic products
Leather and leather products
Non manufacturing establishments : t
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
Electric, gas and sanitary services
do




'
'
'
'
'

' 79 66 80 50

r 1 09 Q"7

' 69 75

QQ

2 i\
2 03
2.52
3.09
3.39

9 O9

2.54
3.10
3.40
2 68
r 2 88
r

2 52
3 08
3.18
3 03
2.52
2 08

70 (\Q

r 2 61

2.53
2 44
2.71
9 «i

2

QQ
r 2 15

9 nci
' 2. 55
'3.11
3.40
2 69
2 88
r 2 53

3 10
3.20
' 3 04
'2.53
r 9 ny

2

17

2.55
3.11
9 AS

2 87
2 53
3 08
3.17
3 r\r
2.53
2 no

98

2
2.20
'2.40

'2.20
2.40

2.53

2.54

2.55

2.21
2.38
2. 05
1. 76
1. 77
2.57

2.95
2.75
3.17
3 33
2.49
1.81

2.95
2.75
3.17
3 33
2.50
] 82

2.96
2.77
3.17
3 OA
'2.53
i 09

2.95
2.79
3.17

2.95
2.80
3.18

'2.54

2.54

2.78
2 91
3.17
2.67
3.54
3.37
3.17
3.78

2.77
2 92
3.16
2.66
3.52
3.37
3.12
3.76

2 78
2 94
3 23
2 65
3.54
3.41
3 16
3.77

2 80
2 95
3 25
2 66
3.51
3.38
3 18
3.75

9 79
2 95
3 28
2 64
3.49
3.36
3 19
3.74

2.46
2.87
2.60
2.99

2.45
2.89
2.59
3.00

2.42
2.91
2.60
3.00

2.47
2.92
2.59
3.00

2.48
2.93
' 2. 62
3.02

2.48
2.92
2.61
3.02

2.00
2.48
1.80

2.05
2.49
1.84

2.06
2.50
1.85

2.06
2.51
1.85

2.07
2 52
1.86

2.08
' 2 53
1 87

2.08
2 52
1 87

1.24
1.34

1.23
1.41

1.22
1.41

1.23
1.42

1.26
1.43

'1.27
1.44

1.25
1.44

9 (Y-l

1. 77

1' 77

cfperived by assuming that overtime hours are paid at the rate of time an d one-half. A Effective Jan. 1964, data relate to nonsupervisory workers and are not comparable with the
production-worker levels for earlier periods.

SURVEY OF CURRENT BUSINESS

S-16

1962 1 1963

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

Monthly
average

August 1904

1963

June

July

Aug.

1964

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Apr.

Mar.

May

June

July

3.233
4.728

3. 282
4. 769
1 13

EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr
Skilled labor
do

2.946
4.348
i 1.01
2.740
12.31

Railroad wages (average class I)
do
Road-building com labor (ntrly )
do
LABOR CONDITIONS
Help- wanted advertising seas adj J 1957-59—100
Labor turnover in manufacturing estab.: f
Accession rate total mo rate per 100 emplovees
Seasonally adjusted
do
NTew hires
do
Separation rate total
do
Seasonally adiusted
do
Quit
do
Layoff
do
Seasonally adiusted
do
Industrial disputes (strikes and lockouts) :
Beginning in month:
Work stoppages
number
Workers involved
thous
In effect during month:

3.082
4. 525
1 05
2.823
*2.38
1

3 102
4.540
1 OQ
2 750
2.44

3.072
4.487
2.785

3 130
4 585

3 134
4 591

2 755

2 782

3.134
4.602
99
2.748
2.45

3.134
4.602

3.139
4.611

2 785

2 785

3 154
4.636
1 14
2 765
2 27

3 169
4.640

3 169
4.644

2 803

2 764

3.187
4.658
1.14
2.765
2.37

3.202
4.680

110

109

104

109

105

107

111

112

118

116

117

'118

120

118

121

4.1

3.9

1.4
2.0

1.4
1.8

4.8
3.7
3.2
4 7
4 2
2.1
1.9
2 0

4.8
39
3.1
4 9
39
2.4
1.8
18

3.9
3.9
2.6
4.1
3.7
1.5
1.9
1.7

2.9
36
1.8
38
37
1.1
21
18

2 5
39
14
37
37
.8
2.3
18

3.6
37
2.0
4 0
4 0
2.0
18

3.4
4.0
2.0
33
38
1.1
1.5
1 7

17

3.8
4.0
2.4
3.5
3.9
1.3
1.4
1.6

-3.9
r
3. 8

2.4
3.9

4.3
4 0
2.7
4 1
4 0
1.4
2.0
19

3.7

2.5
4.1

4.8
39
3.3
34
38
1.4
1.4
1.7

1.4
1.7

M. 9
P3. 9
p 3. 5
J>3.3
P3.6
P 1.4
P 1. 2
f 1.5

380
128

372
94

312
67

9

87
81

346
96

223
80

132
27

210
60

225
80

220
65

300
122

410
176

300
134

593
181
1, 550

606
183
1,810

545
167
1, 350

500
1 55
985

574
153
1,4 9 0

4679
15
1,410

336
82
977

370
100
1,010

375
195
1.130

360
100
800

570
218

585
227

1,100

2,180

1 . 930

572

611

664

541

572

301
102

280
78

"Workers involved
thous
1,550
1,340
Man-days idle during; month
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
560
548
Von farm placements
thous
Unemployment insurance programs:
31,924 2 1, 939
Insured' unemployment, all programs
do
State programs:
1,309
1,285
Initial claims
do
1.783
1, 806
Insured unemnlovment weekly avg do
Percent of covered employment:^
4.4
4.3
Unadjusted
9pasonallv adiusted©
1.525
1,
541
Beneficiaries weekly nverp^e
thou^
223. 0
231. 2
Benefits paid
mil. $
Federal employees, insured unemployment
29
31
thous
Veterans' program (IJCX):
28
29
Initial claims
do
50
55
Insured unemployment weekly avg do
52
47
Beneficiaries weekly average
do
6.6
7.6
Benefits paid
mil $
Railroad program:
17
13
\pplications
thous
62
47
Insured unemployment, weekly avg . d o
11.1
8.3
Benefits paid
mil $

577
21,568

2

1 , 606 21,531 2 1.372

662
2

493

432

1, 667

22,113

1,157
1.333

1,200
1 . 542

1.805
1.972

1,445

2

973
1,468

1.351
1 493

1.086
1.419

957
1 261

3.5
4. 1
1,327
188.2

36
4 1
l.°3S
195.6

3.4
4 2
1. 290
186. 8

30
4 0
1 107
163 1

4 1
1,070
172.0

3.6
4 1
1,127
165. 0

2, 559

0
2
5
8

1.2
1.6

414

443
2

4
2
3
3

2

4fO
163

2.5

-3. 6
'4.0
r
1.5

2, 408 2 2, 200 2 1, 886 21,552

1,848
9
395

1. 181
2 'M3

1,136
2 050

1, 086
1, 755

908
1,447

4 7
4 3
1,594
233. 0

5 7
4 3
1 997
319.3

a

4.2

3.4

4 o
015
283. 8

4 9
3 8
1 887
292. 6

3 8
1,678
258. 0

3 6
1,347
201.5

S

9

r2

1,387
1 , 297
3. 1
3 6
1. 142
1X3. 1

26

30

29

28

29

32

34

39

40

38

32

97

22
42
45
6.3

31
44
38
5.9

29
45
42
6.2

28
42
40
5 7

31
43
38
5.9

29
48
39
5.4

39
60
52
7.6

39
73
67
10 2

29
71

28
67
59

96

89

27
57
64
9.7

20
46
48
7.0

11
32
5.6

46
39
5.9

15
37
6.9

15
41
6.4

12
41
7.5

11
45
6.7

¥>
47
8.6

13
53
99

51
8.8

13
42
7.4

5
32
5.2

97

9 709
7, 161
2.098
5, 063

2 733
7,869
2 230
5,639

2 744
8,170
2,172
5,998

2 890
6,747
1,928
4,819

2 938
7,765
2 042
5,723

3 0-^6
8,119
2, 079
6,040

9

' 038
5, 699

3 102
7,920
2,039
5, 881

3 049
8,326
1,973
6,353

3 149
8, 036
1 948
6 088

5
45

8 5

-->-

42
49
6.6

FINANCE
BANKING
)pen market paper outstanding, end of mo.:

3

2, 650 8 2, 890
3
6, 000 3 6, 747
Commercial and finance co. paper, total ...do
3
2,
088 3 1, 928
Placed through dealers
do
3
3,912 3 4, 819
Placed directly (finance paper)
__do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.: 3
5, 753 3 6, 403
Total end of mo
mil $
Farm mortgage loans:
3
3, 310
Federal land banks
_
__do _ . 3 3, 052
3735 3 8840
Loans to cooperatives
do
3
1 , 966 2, 253
Other loans and discounts. __do
3ank debits:
Unadjusted:
312.9
Total (344 centers)
bil. $_. 286.4
118.0
129.7
New York City
do
64.6
58.
5
6 other leading centers! __
.
-do
Seasonally adjusted:
Total (344 centers)
do
New York City
do

"edcral Reserve banks, condition, end of mo.:
Assets total 9
mil. $

3

56, 020

3

2,697
7,239
2,049
5,190

2 719
7,522
2,059
5,463

2 644
7,808
2,062
5,746

3 102

6,326

6,408

6,428

6, 430

6,418

6, 366

6,403

6,460

6. 54?

6 627

6,727

6 813

6 (*40

3,198
701
2,427

3,218
711
2,479

3,240
706
2,482

3. 259
735
2, 436

3,280
848
2,290

3,291
858
2,217

3, 310
840
2,253

3,333
866
2,261

3,364
849
2, 330

3,406
815
2,405

3,445
786
2,496

3,481
747
2, 585

3 516
757
2 667

299.6
125. 0
61.7

320.7
129.9
66.8

300.1
119.5
61.9

310.4
130.3
63. 1

337.2
136. 9
71.3

296. 6
116 7
63.8

357.1
151 0
74.6

360.8
153 9
73.5

294. 9
121 1
60.5

342.9
145 8
71.1

349. 9
148 2
72.8

329.6
135 3
68 6

353. 8
151 °
70 9

297.0
121. 5
61.6
113.9

320. 1
130.3
66.9
122.8

310.2
127.8
63 3
119 2

329.7
140.1
67 0
122 6

326. 7
133.7
69 4
123 6

312.7
125 4
67 3
120 0

333. 0
139 6
69 7
123 7

340.0
143 7
69 6
126 6

316. 1
129 4
65 5
191 1

331.6
138 1
68 4
125 1

350.2
146 0
72 4
131 8

327.8
135 1
67 7
195 0

334
140
67
126

58, 028

56, 389

56 998

56, 699

57,101

57 158

35, 115 36, 9066
116
26
33.169 34, 229
1 5,1 95 15 176

36, 797
36, 589
7
239
9
34, 794 35, 051s
15 185 15 18

3
2
5
7

58,028

55,314

55. 594

55, 042

55, 615

56, 336

57, 848

3
33,902
36,418
Reserve bank credit outstanding, total 9 -do
3
38
863
Discounts and advances
do .._ 3
3(),82()
3
33,593
U.S. Government securities
do
315,696 3 15,237
Gold certificate reserves
do

33, 804
96
32, 027
15, 457

33, 946
338
32, 468
15.346

34, 134
389
32, 391
15, 291

34, 302
138
32, 563
15, 309

34, 587
332
32, 758
15,310

35, 919
868
33, 667
15. 294

36,418
63
33, 593
15, 237

34, 643
364
32, 752
15. 231

35, 274
570
33, 169
15, 185

35,314
130
33, 770
15, 190

do... 356,020 3 58,028

55, 314

55, 594

55. 042

55. 615

56, 336

57, 848

58. 028

56, 389

56, 928

56, 629

57, 101

57 158

57 749

57 889

18 120
16 983
31,988

9

9

17 913
16 629
32,177

18 232
16 890
32,411

18 250
16 973
32, 835

18 449 ">
17 3 7
33.109

3

Liabilities, total 9
Deposits, total 9 Member-bank reserve balances
Federal Reserve notes in circulation

do
do
do

3
3

18, 722 3 18,391
17,454 217,049
330,643 3 32,877

18, 188 18, 044
16, 965 16,971
30, 670 30, 959

17 860
16, 782
31, 178

Ratio of gold certificate reserves to deposit and
3
31.3
31.2
31. 8 3 29. 7
31.6
FR note liabilities combined
percent..
Revised.
v Preliminary.
1 Quarterly average.
Excludes persons under extended duration provisions (thous.): 1963—-June, 60; July, 45;
AUK., 38; Sept., 336; Oct., 31; Nov., 20; Dec., 9; 1964—Jan., 3; Feb., 2; Mar., 1; Apr., 32; May,
54; June, 68.
End of year.
f Revised back to 1951 to incorporate adjustments as follows: Enlargement of sample;
updated seasonal factors; new weights for component indexes based on labor force in cities
r
2




18 093
16, 772
31,265

18 187
16 922
31,472

18 200
16. 952
32, 290

18 391
17,049
32, 877

18 53
17 146
31,899

18 58
17 060
32, 088

57 742

57 XS°

31.0
30.3
30.8
29.7
30.4
30.1
30. 2
30. 3
30.0
29.7
29. 5
covered; and shift of index base to 1957-59 = 100. Monthly data (1948-62) appear on p. 24 oi
the Mar. 1964 S U R V E Y .
©Revisions back to 1959 are available.
f See corresponding note, bottom p. S-13.
§"\Vages as of Aue. 1, 1964: Common labor,
$3.295; skilled labor, $4.787.
cf Insured unemployment as % of average covered employment in a 12-month period.
^Includes Boston, Philadelphia, Chicago, Detroit. San Francisco, and Los Angeles.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

August 1904
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

End of year

S-17
1964

1963

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of dally figures :
1
Reserves held total
mil. $ 120,040 20, 746
Required
__do_ __ 119,468 1 20, 210
1572
i 536
TCxcess
__do
1304
1327
Borrowings from Federal Reserve banks. .-do
1268
1209
Free reserves do
Weekly reporting member banks of Fed. Res. System ,
condition, Wed. nearest end of yr. or mo.:
Deposits:
Demand adiustedo*
mil. $_ 65, 843 67, 844
102, 109 104,335
Demand total 9
-- --do
Individuals, partnerships, and corp
do — . 71, 531 74, 513
5, 338
5, 125
States and political subdivisions
do
4. 556
4,749
U S Government
do
14, 321 13,320
Domestic commercial banks
do
50, 386 59, 227
Time total 9
do
Individuals, partnerships, and corp.:
34, 920 38, 083
Savings
__do
Other time
do _-. 9,221 13,310
82. 947 92, 901
Loans (adjusted) totalcf
do
Commercial and industrial
do __ 35,351 38, 793
6, 621
5,928
For purchasing or carrying securities
do
7, 365 8, 595
To nonbank financial institutions
__do
Real estate loans
do__ _ 15,519 17, 880
22, 812 23, 809
Other loans
do
En vestments, total. .
do.. . 48, 147 48, 404
32, 369 29, 018
U.S. Government obligations, total
do
24, 514 23,127
Notes and bonds
do
15, 778 19, 386
Other securities
do
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates), seas, adjusted :f
Totfll loans and investmentsO
bil $
LoansO
- ---do
TT S Government securities
do
Other securities
do

19, 729
19, 355
374
236
138

20, 020
19, 537
483
322
161

19, 719
19, 256
463
330
133

19, 945
19, 533
412
321
91

20, 003
19, 596
407
313
94

20, 114
19, 705
409
376
33

20, 746
20, 210
536
327
209

20, 675
20, 248
427
256
171

20, 148
19, 753
395
304
91

20,213
19,856
357
259
98

20, 273
19, 898
375
213
162

20 219
L9 886
333
255
78

20 558
20 170
388
270
118

20 664
20 264
400
265
135

60, 954
95, 198
65, 724
4,992
6,879
11,995
54, 910

63, 281
92, 818
66, 795
4,968
4,920
10, 874
55, 581

61, 528
88, 012
64, 024
4,715
3,759
10, 710
56, 326

61,885
95, 237
66, 320
4,902
6, 229
12, 270
56, 711

63, 809
90, 875
67, 322
4,762
2,304
11, 452
57, 553

63, 950
93, 771
69, 001
5,060
2,714
11,569
57,951

67, 844
104,335
74, 513
5, 338
4. 556
13, 320
59, 227

64,940
90, 224
67, 605
4,926
1, 545
10, 739
60 276

62, 565
90, 575
65, 460
5,188
3,755
10, 810
60 930

62, 532
95,811
66, 659
5,349
5,130
12,192
61 446

63, 959
91,232
66, 813
5,529
2,948
10 464
62 223

61, 472
91, 474
64. 312
5, 300
4,997
11 218
63 100

62 654
98 717
67, 206
5, 405
7 286
11 784
63 119

63 674
90 754
66, 397
4,897
3 604
10 441
63 991

36,518
11,234
84, 311
35, 391
5, 359
7, 306
16, 829
22, 743
47, 991
29, 789
24, 253
18, 202

36, 741
11,691
84, 384
36,014
5,328
7, 624
17, 030
23, 283
47, 601
29, 099
23. 894
18,502

36, 896
12, 181
84, 502
35. 204
5,044
7,447
17, 269
23, 496
46, 624
27, 683
23, 724
18,941

37, 342
12,013
87, 366
36, 145
6, 229
7,731
17, 455
23, 647
47,618
28, 367
23. 400
19, 251

37. 534
12, 639
86, 598
36, 296
5, 407
7,243
17,651
24, 097
47. 156
27, 990
23, 150
19, 166

37. 699
12,796
88, 578
37, 254
5, 852
7,226
17, 846
24, 874
46, 720
27, 926
23, 328
1 8. 794

38, 083
13, 310
92, 901
38. 793
6, 621
8, 595
17,880
23, 809
48. 404
29,018
23. 127
19, 386

38, 131
14, 057
89, 122
37, 195
5,929
7,339
17, 991
24, 606
46, 746
27, 759
22, 362
18, 987

38, 291
14, 390
89, 875
37, 590
5,695
7,511
18, 161
24, 664
46, 972
27,
591
9
3, 260
19,381

38, 704
14,418
92 002
38, 308
6,033
8, 179
18, 366
25, 939
46, 37J
26, 870
92 680
19,501

38, 437
14, 950
92 208
38 057
5,952
7 881
18 520
26, 029
46, 472
26, 713
92 759
19 759

38 796
15, 468
93 658
38 943
6. 598
8 013
18 706
26 010
46. 133
26, 567
29 588
19 566

39 053
15 360
96 099
38 785
6, 799
8 887
18
936
9
6 975
46 738
26, 621

39 168
15 943
94 568
38 504
6, 384
8 064
19 120
27 119
45 764
25, 701

90 117

'>0 003

238. 0
142.6
62. 6
32.8

239. 2
143. 6
62.0
33.6

241. 5
145. 4
62. 2
33.9

241.2
146. 1

244. 2
148.4

246. 5
149. 4

246. 7
151. 0

34.3

34.4

35. 0

34. 9

248.4
151. 8
61. 2
35.4

251. 4
153. 9
62. 1
35.4

251. 8
155. 4
60. 8
35. 6

253. 5
157. 3
60. 3
35.9

255. 1
158.9
59. 9
36. 3

99 49()

99 104

228 3
133.9
65.2
29. 2

246.5
149. 4
62.1
35.0

238.4
141.7
64. 4
32.3

2 5. 00
4 78
2 5. 01
2
5 32

25.01
2 4 79
2 5. 01
2
5 30

5 .01
4 78

3.00
4. 05
5. 56

3.50
3 4. 26
3 5. 50

3.00
4.10
5.50

3. 50
4. 16
5.50

3.50
4.28
5.50

3.50
4.44
5.50

3.50

3. 50

3.50

3.50

5.50

5. 50

5.50

3. 50
4. 62
5.50

3. 50
4.63
5.50

3.50
4. 70
5.50

3.50
4.73
5. 50

3. 50
4 74
5. 50

3. 50

5.50

35.84
35.98

5.82
5.94

5.82
5.93

5.82
5.93

5.81
5.94

5.82
5.93

5.82
5.97

5.80
5.98

5.83
5.98

5.81
5. 95

5.79
5.94

5.79
5.92

5. 77
5.92

5 76
5. 89

5 76
5.93

3 3. 36
3 3. 55
33.40
3 4. 50

3.24
3.38
3.21
4.50

3.41
3.49
3.35
4.50

3.59
3.72
3.57
4.50

3.63
3. 88
3.63
4.50

3.63
3.88
3.72
4.50

3.71
3.88
3.75
4.50

3.63
3.96
3.84
4.50

3.70
3.97
3.82
4.50

3.75
3.88
3. 76
4. 50

3. 75
4.00
3. 83
4.50

3.80
3.91
3. 80
4.50

3. 75
3.89
3. 76
4.50

3. 75
4.00
3.88
4.50

3.75
3. 96
3.81
4. 50

33. 157
33.72

2.995
3.67

3.143
3.78

3.320
3.81

3. 379
3. 88

3 . 453
3.91

3.522
3.97

3. 523
4. 04

3. 529
4.06

3.532
4.02

3. 553
4.15

3.484
4.18

3.482
4.07

3. 478
4.03

3. 479
3. 99

25, 693
452

24, 763
484

24, 777
478

24, 862
472

25, 154
466

25, 236
461

25, 368
456

25, 693
452

25, 940
447

26, 089
436

26,411
430

26, 421
425

26. 585
421

26, 900
415

27, 051

Total outstanding, end of year or month
mil.$_. 63 164 69 890 64 987 65 491 66 308
48, 034 53, 745 50, 307 50, 894 51,526
Installment credit total
do
19, 540 22, 199 21,236 21, 593 21,819
Automobile paper
do
12, 605 13, 766 12, 422 12, 459 12, 607
Other consumer goods paper
___do
3,357
3,389
3; 281
3,316
3,246
Repair and modernization loans
do
12,
643 14, 391 13, 368 13, 526 13, 743
Personal loans
do
By type of holder:
41, 782 46, 992 44, 373 44, 878 45, 375
Financial institutions, total
do
19, 005 21,610 20, 602 20, 874 21, 101
Commercial banks
do
12, 194 13, 523 12, 693 12, 807 12, 906
Sales finance companies
do
5, 622
5,412
4,902
5,330
5,251
Credit unions
do
4, 590
4, 329
4, 276
4,241
4,131
Consumer finance companies
do
1,
647
1,627
1,
591
1,550
1,586
Other
do
6,753
6, 151
5,934
6, 016
6, 252
Retail outlets total
do
3,427
9 999
3,107
3,013
2 925
Department stores
do
1, 086
1, 004
994
1,073
997
Furniture stores
do
328
341
343
345
331
Automobile dealers
do
1,912
1,821
1,699
1, 680
1,681
Other
_.
. ._
_. . do
15, 130 16, 145 14, 680 14, 597 14, 782
N'on installment credit, total
do
5,959
5,683
5.789
5,456
5, 709
Single-payment loans, total
do
4,874
5,047
4,879
4,893
4,690
Commercial banks
do
912
910
816
809
Other financial institutions
_do
766
r
Revised.
1
2
3
Average for Dec.
Quarterly average.
Monthly average.
d"For demand deposits, the term "adjusted" denotes 'demand deposits other than domes tic commercial interbank and U.S. Government, less cash items in process of collection;
for loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9 Includes data not shown separately.
JData have been revised as follows: Commercial bunk credit (seas. adj. only), back to 1948; consumer credit—unadj., back to 1962;

66 538
51,718
21, 725
12, 702
3,377
13, 914

67 088
52, 257
21,971
12, 845
3, 400
14, 041

67 746
52, 695
22, 107
13,046
3,407
14, 135

69 890
53, 745
22, 199
13, 766
3.389
14,391

69 9Q3
53, 597
22, 189
13, 638
3.354
14,416

68 786
53, 552
22, 271
13, 467
3,335
14,479

68 913
53, 795
22,471
13,451
3,321
14, 552

69 816
54,382
22, 830
13,476
3,328
14, 748

70 945
55, 120
23, 255
13, 599
3, 364
14, 902

71 907
55,914
23, 702
13,730
3, 395
1 5, 087

45, 687
21, 115
13, 073
5, 458
4,381
1,630
6, 031
3. 025
1,009
321
1, 670
14, 820
5,844
4,927
917

46,161 46, 462
21,391 21, 486
13, 187 13, 302
5, 569
5, 529
4, 461
4, 425
1, 629
1, 644
6, 096
6,233
3,172
3,077
1, 032
1,015
326
325
1,703
1, 679
14, 831 15,051
5,894
5, 830
4,952
4,987
878
907

46, 992
21,610
13, 523
5, 622
4, 590
1, 647
6, 753
3,427
1, 086
328
1,912
16, 145
5, 959
5,047
912

47, 300
21. 630
13,840
5,584
4,592
1,654
6, 297
3, 063
1,065
328
1,841
15, 606
5,900
4, 991
909

47, 454
21, 799
13, 788
5,607
4,595
1,665
6,098
2,949
1,047
330
1,772
15,234
5,958
5,036
922

47, 653
21,919
13, 802
5, 668
4,597
1,667
6,142
3,044
1,022
334
1,742
15,118
6,002
5,076
926

Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent-New York Citv
_
do
7 other northern and eastern cities
do
11 southern and western cities
do. ..
Discount rate, end of year or month (N.Y.F.R.
Bank)
percent..
F d

11

c\ b

lr 1

do

2

3
3

Home mortgage rates (conventional 1st mortgages):*
Existing home purchase (TJ.S.avg.)
do
Open market rates, New York City:
3
3.01
Bankers' acceptances (prime, 90 days)
do
3
3. 26
Commercial paper (prime. 4-6 months) _ . do
33.07
Finance Co. paper placed directly, 3-6 mo__do
34.50
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable): 3
3-month bills (rate on new issue)
percent.. 32. 778
3. 57
3-5 year Issues
_
do
Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of yr. or mo..mil.$-. 23,917
539
U S postal savings ^
do

5. 00
4.76
5.04
5.29

5.01
4 81
5.01
5.30

5.01
5 32

4. 99
4 77
5.02
5. 29

4.99
5. 03

CONSUMER CREDIT*
(Short- and Intermediate- term)




48,191 48, 824 49, 543
22, 224 22, 559 22, 907
13,893 14. 027 14,228
5,776
6,014
5, 889
4, 701
4,628
4, 657
1,670
1,693
1,692
6, 191
6, 371
6, 296
3 106
3 189
3 231
1 028
1,090
1,013
340
355
348
1,732
1, 746
1,757
15,434 15, 825 15,993
6,048
6 233
6.206
5, 152
5,230
5,313
990
896
976
seas, adj., back to 1960. Revisions are available as follows: Commercial bank credit,
1948-63, in the June 1964 Fed. Res. Bulletin; consumer credit—1962 unadj., in the Nov. 1963
Fed. Res. Bulletin; 1960-62 seas, adj., on p. 28 of the June 1964 SURVEY.
©Adjusted to
exclude interbank loans.
§For bond yields, see p. S-20.
*New series (FHLBB); data prior to Dec. 1962 not available.
f Data are as O f e n ( j o,f
consecutive 4-week periods ending in month indicated, except June figure which is as of June
30 (end of fiscal year).

SURVEY OF CURRENT BUSINESS

S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

1963
June

July

1964

!

An?'.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

!
]
j June ! July

FINANCE—Continued
CONSUMER CREDIT!— Continued
Total outstanding, end of year or month— Con.
Noninstallrne.nt credit — Continued
Charge accounts total
mil.$__
Department stores
do —
Other retail outlets
do_ __
Credit cards
do
Service credit
-do
Installment credit extended and repaid:
Unadjusted:
Fxtended total
Automobile paper
Other consumer goods paper
All other
Repaid total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Fxtended total
Automobile paper
Other consumer goods paper
All other
Repaid total
Automobile paper
All other

do
__do ._do
do
do __.
do
do
do

5,684
927
4, 252
505
3,990

5,871
895
4, 456
520
4. 315

4,783
'599
3, 689
495
4, 188

4,760
555
3, 682
523
4,154

4,839
579
3,713
547
4. 154

4. 833
620
3, 667
546
4,143

4,898
639
3.743
516
4.. 103

4.999
667
3,817
515
4,158

5, 871
895
4, 456
520
4,315

5,339
782
4, 014
543
4, 367

4, 805
655
3, 590
560
4,471

4,634
614
3,485
535
4,482

4,833
610
3, 667
'556
4,553

5.099
6'? 6
3.910
563
4 590

5, 238
fil()
4, 028
600
4, 522

4, 594
1,650
1.307
1.637
4, 218
1.456
1. 245
1,517

5. 068
1,834
1,417
1,817
4. 593
1.613
1,320
1,659

5,222
1, 967
1,410

4,399
1. 525
1 , 260
1,614

5, 365
2, 055
1,393
1. 917
4, 778
1. 698
1,356
1,724

5, 242
i 839
, 456
,947
,610
,6J3
. 308
, 689

4, 755
1,524
1,384
1,847
4, 563
1, 618
1, 289
1, 656

5, 487
2,040
1, 547
1,900
4,948
1,794
1,404
1, 750

4.981
1. 734
1,517
1,730
4,543
1,598
1.316
1.629

5,974
1, 767
2.094
2,113
4.924
1, 675
1,374
1,875

4,784
1,689
1, 380
1,715
4,932
1,699
1.508
1, 725

4, 552
1,686
1,212
1,654
4, 597
1, 604
1, 383
1, 610

5 3'>2
1,983
1,488
1,851
5,079
1,783
1,504
1,792

5,578
2, 127
1,495
1, 956
4, 991
1, 768
1,470
1, 753

5.584
2, 137
1.547
1. 900
4.846
1,712
1. 424
1.710

5, 949
2,245
1, 632
2. 072
5, 1 55
1, 79S
1 . 501
1 . 856

5, 054
1,820
1.408
1,826
4, 568
1, 588
1,317
1, 663

5. 100
1,854
1,409
1, 837
4, 591
1, 603
1,330
1,658

, 100
, 802
,441
, 857
,619
, 607
, 326
. 686

5, 093
1, 730
1.425
1. 938
4. 752
1,659
1,347
1.746

5.311
1, 910
1, 457
1, 944
4, 780
1.676
1,362

4, 979
1. 792
1.432
1,755
4. 596
1.638
1.324
1,634

5 272
,914
,523
, 835
,812
.707
,384
,721

5. 276
1,888
1,493
1, 895
4, 848
1, 684
1,441
1. 723

5,421
1, 953
1,578
1,890
4, 842
1.716
1,395
1.731

5, 480
1,942
1,665
1,873
4, 956
1,735
1.468
1,753

5,371
1,961
1,544
1, 866
4, 959
1, 759
1,453
1,747

5, 552
2. 023
1, 589
1,940
5. 059
1, 776
1. 483
1 , 800

5, 399
1, 962
1, 537
1, 900
5, 029
1. 768
1. 486
1, 775

11.652
4, 423
9 519 10.740
2, 102 -6,318

9,617
9,812
-194

10. 503
6, fi28
10, 069
9. 848
433 -3, 219

11. 525
9, 393
2,132

8,334
12,168
9. 390 10, 163
2,778 -1,829

10 65°
9,533
1,119

14.2X0
10,29!)
3. 996

do
do
do
do
do
do
do

i. 8-: 5

FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public :d"
Receipts from
- -Payments to
-Excess of receipts, or payments (— )
Seasonally adjusted quarterly totals: §
Receipts
Payments
Excess of receipts, or payments (— )
Budget receipts and expenditures:
Receipts, total
Receipts, netj
Customs
Individual income taxes
Corporation income taxes
Employment taxes
Other internal revenue and" receipts
Expenditures total f
- Interest on public debt
Veterans' services and benefits
National defense
All other expenditures
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total.

mil. $ .
do
do

9. 381
9, 763
-382

4, 693
13.980
9, 472 10,045
4, 508 -5, 353

10, 960
11,287
-328

27, 845
28, 503
-658

-do
do
do

28, 472
30, 395
-1,923

28, 438
29, 341
—903

29, 008
30 J91
-823

28, 976
29, 962
-986

4,871
3, 547
117
1,676
574
537
1,967
7, 863
882
468
4.178
2, 579

9, 977
7. 290
108
5. 785
386
2, 061
1 . 633
8, 305
850
46f>
4. 469
2, 572

11,722
104
5. 350
3, 603
1 , 098
1.567
7,815
856
438
4, -'15
2, 334

4,371
3.400
123
1,651
557
468
1, 571
8, 776
' h65
463
4,710
2, 750

8,911
7,131
106
5,541
396
1,440
1,428
7,784
863
454
4,081
2, 386

10, 379
8, 803
103
3,582
3,726
1,147
1, 820
8, 289
903
455
4. 515
2, 442

6, 580
5, 853
101
3,873
583
404
1,619
8, 492
925
481
4.348
2, 819

12, 235
8,047
87
6,975
451
2, 835
1,887
7.521
'880
450
4, 365
1,946

13. 961
10, 148
108
3, 991
6, 654
1, 579
1,629
7,871
907
455
4,378
2,143

9, 559
6, 609
109
5, 895
684
1, 106
1, 765
7,930
895
415
4, 564
2,071

nil. $.. 303. 47 1309.35 305. 86

304. 84

306. 54

306. 64

306. 44

308. 22

309. 35

308. 58

310. 36

309. 59

307. 60

311.53

311.71

311. 18

1299.21 1305.21
1255.7S 1 261. 56
i 11.99 i 14.14
i 43. 43 i 43. 66
1 4. 26 1 4. 13

300. 94
257. 21
13. 20
43. 72
3.90

302. 52
257. 01
13.21
45. 52
4.01

302. 66
258. 01
13.48
44. 65
3.97

302. 46
259. 18
13. 76
43. 28
3. 93

304. 09
260. 54
14.01
43. 55
4.12

305.21
261. 56
14. 14
43. 66
4.13

304. 50
262. 58
14. 44
41. 92
4.08

306. 13
263. 25
14.39
42. 88
4.22

305. 40
262. 18
14.23
43.22
4.18

303. 38
261. 38
13.93
42.00
4. 22

307. 21
262. 18
14. 16
45. 03
4. 32

307. 36
260. 73
14.34
46. 63
4. 36

30(1 ho
261. 12

.81

. N2

49.44
.38
.45

49. 50
.39
. 47

do
do
do
do
do
do
do
do
do
do
do
do

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__ LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies §
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 ( U S )
do
Industrial and miscellaneous (U S )
do
Stocks (book value), domestic and foreign, total
bil. $..
Preferred ( U S )
do
Common
(U S )
do
cr
IVTortga e loans total
do
Nonfarm
do
Real estate
do
Policy loans and premium notes
do
Cash
_
do
Other assets
do
Payments to policyholders and beneficiaries in
U.S., total
mil.$__
Death payments
do
Matured endowments ._.
. do
Disability payments
do
Annuity payments
do
Surrender values __ .
.
do
Policy dividends
do




8, 850
9, 323
-472

8, 983
7, 059
103
4,340
1, 821
1, 108
1, 612
7, 659
796
442
4, 425
2,052

9, 523
7. 293
105
4, 525
1.897
1,346
1, 650
7,849
852
439
4,414
2, 189

13, 996
12, 061
95
5, 305
5, 511
1,340
1,745
7,715
865
385
4, 616
1,886

301.95
257.15
13. 40
44. 80
3.91

10. 525 "14,438
6.136 '•12,310
100
" 117
5. 398 I'* 4, 810
491 P 6, 196
2, 864 " 1,4(10
1.672 P 1,855
7. 511 v 9, 513
899
p 948
449
p 500
r 4. 666 p 5, 661
a, 523 -" 2, 451

i .74

.61

.65

.67

. 69

.71

72

.74

.76

. 79

. 82

.80

.80

i 47. 87 i 49. 03
. 36
.40
.47
.42

48.47
.35
.40

48. 58
.41
.44

48. 70
.40
.39

48.74
.35
.42

48. 82
.39
.42

48. 93
.33
.34

49. 03
.36
.39

49.11
.47
.53

49. 21
.41
. 43

49. 26
.40
.48

49.30
.38
.45

49. 37
.37
.41

i 133.29

136. 70

137. 67

138.36

138. 76

139. (U

140. 21

140.90

141.87

142. 53

143. 07

143. 68

144. 31

i 63. 72
16.17
14.03
i 16. 51
13.48
i 28. 64

65.23
5.76
3.98
16.52
3.50
29.77

65.58
5.84
3.95
16. 49
3.48
30. 07

65. 72
5.81
3.94
16.49
3.48
30.23

65.79
5.82
3.89
16.46
3.47
30. 33

66.08
5.83
3.89
16.47
3.46
30.62

66. 36
5 79
3.89
16.48
3.45
30.98

66. 10
5.76
3.88
16. 43
3.43
30. 94

66. 63
5. 78
3.86
16.441
3. 4 '
31.41

66. 79
5. 80
3.86
16. 42
3.42
31.46

66. 76
5.73
3. 85
16.44
3.41
31.51

66. 91
5. 69
3.85
16. 43
3.41
31.64

67. 11
5.73
3.83
16. 47
3.40
31. 76

16.30
12.18
14.03
146.90
i 43. 50
14.11
i 6. 23
i 1. 46
i 4. 57

5.45
2.27
3.10
48.42
44.83
4.24
6.44
1.21
5.71

5.45
2.28
3.08
48. 66
45.03
4.26
6.51
1.26
5.94

5.50
2.29
3.11
48.96
45.29
4.31
6.55
1.25
6.07

5.56
2.30
3.17
49.23
45.52
4.34
6.58
1.34
5.92

5.56
2.29
3.18
49.54
45.80
4.36
6.62
1.34
6.11

5.58
2.31
3.18
49.81
46. 06
4.37
6. 65
1.32
6.11

5.68
2.34
3.25
50 54
46. 75
4.35
6.69
1.44
6.10

5.74
2.35
3.29
50. 83
47.01
4.37
6.73
1.28
6.29

5.77
2.35
3.32
51. 13
47.27
4.38
6.77
1.27
6.43

5.85
2.36
3.39
51.44
47.52
4.39
6.82
1.28
6.53

5.90
2.37
3.43
51. 81
47.82
4.40
6.87
1.17
6.61

5.94
2.39
3.44
52. 12
48.08
4.42
6.91
1.18
6.64

824.9
325.0
65. 9
12.4
73.5
147.8
200.3

798.3
352. 3
63. 9
13.5
80.3
150. 1
138. 2

780.6
343.8
64.7
12. 7
62.3
154.1
143.0

798. 5
324. 6
63.8
12.6
71.9
143.7
181.9

860.7
368. 1
70.6
13.1
76.0
149.4
183.5

731.3 1, 083. 0
307.5
369.7
67.4
73.1
11.5
14.8
71.9
74.4
163. 5
127.1
145.9
387. 5

885.8
400. 3
78.7
12. 6
93. °
151.5
149. 5

838.2
364. 6
72.1
12.1
77.4
146. 6
165. 4

938. 0
397. 6
81.3
13.8
82.5
167.3
195. 5

885.5
386. 5
75.5
13.7
79.6
158.5
171.7

830. 2
356. 9
72.0
13.7
75.0
147.8
164.8

777. 1
323.2
59.5
11.8
69.8
147.7
165. 0

835.7
350.7
67.4
12.9
75.1
149.1
180.4

45. 74
4.33

~~

IData for net receipts and total expenditures reflect exclusion of certain interfund transactions.

SUEVEY OF CURRENT BUSINESS
1962

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

| 1963

Monthly
average

S-19
1964

1963

Juno

July

Aug.

Sept.

Oct.

Xov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

9, 090

0,308
2.174
608

7. 987
5. 913
1, 427
647

8, 917
6, 155
2, 140
622

1,174
883
190
100

July

FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paid-for Insurance) 't
Value estimated total
mil.$__
Ordinary
do
Group and wholesale
do
Industrial
do
Premiums collected:
Total life insurance premiums
Ordinary
Group and wholesale
Industrial

do__
do
do
- do

6, 631
4, 680
1,358
587

7, 455
5, 284
1. 574
596

7,199
5,192
1,404
603

7,179
5, 192
1,417
570

7,082
5, 149
1,339
594

7, 361
5, 099
1, 662
600

8, 400
5, 990
1.764

7,537
5, 548
1,388

9,281
6, 096
2, 651

6, 932
5,070
1,350

7,563
5,336
1, 609

8, 553
6.124
1 , 798

640

601

534

512

618

631

1.052
778
155
120

1,125
842
167
116

1 072
811
159
102

1,127
853
160
108

1,127
847
174
100

1.000
799
100
100

1. 154

1, 065

1,351

1. 168

1,152

1,179

870
170
108

811
150
105

929
205
217

889
173
100

878
164
110

897
177
105

1, 157
879
170
102

1,135
856
172
107

15,733

15, 633
-169
189

15, 582

9,769

15, 582
—44
83
7, 506

15. 583 15, 582
-23
107
28, 139 28,416
2, 094
1,749

15, 513
94
28, 142
2,489

15, 512
55
50, 294
2, 404

15, 402
15
84, 438
2.011

15,401
109
28, 334
2, 357

15, 462
49
56 307
1.813

— 21
28. 155
1. 855

SO. I
11.6

81.6
10.9

81.7
11.7

80.9

n.5

82.0
19 2

81.6
11.7

78.0
10.8

78.7
10.7

79. 9
9.8

84. 9
10.3

82. 3
11.0

2, 018
6, 854
1.277

265
6,013
1. 290

1,024
4, 805
1 . 288

2. 945
0, 798
1.293

5, 750
7,178
1.293

11.439
4, 058
1.293

3, 780
6,433
1. 293

5, 230
0, 638
1.293

7,010
6, 189
1.293

4, 023
0.007
1. 293

11 310
3. 097
1. 293

>?

, 216
3, 587

2. 285
3. 245
3, 707

'' 707
2, 542
3, 218

2,890
3, 489
3. 682

2, 203
3, 373
3, 593

1, 980
3, 924
4, 150

r 9 994

3.800

2, 908
3. 350
3, 328

3, 049
3, 770

3 990

MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end ofyr.ormo.)_mil. $_. 115,978 115, 513
-66
-21
Net i-pip^p from earmark^
do
31,747 16, 982
"Exports
thous $
12,
578
3,701
Imports
- do
Production world total
So nth Africa
Canada
United States
Silver:
"Exports
Imports
Price at New York
Production:
Canada
IVTexloo
United States

mil $
do
do
do
thous $
__ do
dol. per fine oz__

r2

3

107. 9
74.4
12.1
4.5

2 112.5
80. 0
11.6
4.3

1,262
6, 208
1. 084

3,480

2.556
3,437

2,487

5, 910
1.279

-39
15
2, 062

0

50. 280
1.321

r

r

15,103 05,461
—48

10. 7 :

3,883 !
7,108 :
1 . 293

1 . 293

:

* 3, 029

3, 286
3, 843

2, 408
3. 195
3, 346

- 35. 3

137.7

35. 5

35.7

35. 8

35. 9

36 2

37.2

37.7

30. 2

36.3

30. 8

36. 9

37. 2

37. 7

Money supply and related data (avg. of dally fig.) :|
Unadjusted for seas, variation:
Total money supply
bil $ 5 146. 2 5 ir>o. 6
530.1 s 31. 5
Currency outside banks
do
8 116. 1 5 119. 0
Demand deposits
_ _ _ _ do
5 91.1 5 105. 5
Time deposits adjusted^
do
55.9 5 5.9
U S Government deposits.
do

148.3
31.4
116.9
105. 2
7.5

149. 5
31.8
117.7
106.2
7.8

149. 2
31.9
117.3
107. 5
0.3

150. 6
31.9
118.6
108.3
6. 6

152. 5
32.1
120. 4
109. 5

154. 8
32.6
122.1
110. 2

157. 2
33.1
124. 1
111.0

157. 8
32.4
125.4
113.2

153. 8
32.3
121. 5
114.6

5.3

4.4

4.2

4.8

152.9
32.0
120. 3
115. 7
0.1

155 3
32 7
122. 6
110.7
4 °

152.4
33.0
119.4 I
118. 1
0.9 i

153.0
33.3
120.3
119.2
7.8

150. 2
31.5
118. 6
104. 6

151.0
31 0
119, 4
105 6

151. 2
31.8
119.5
107. 1

151.6
31.9
119.7
108. 1

152
32
120
109

2
4
7
3

153.8
32 6
121. 2
113 9

153. 8
32 7
121.1
115 1

154. 2
32.9
121. 3
115. 7

154
33
121
116

154
33
121
117

44.3
84.8
44.6
29.0

42.5
79.3
42.7
28.1

45.8
85.1
46.8
30. 3

44.9
88.9
44. 2
29.5

46.8
96.9
46.7
29.9

40. 3
89.0
47.5
29.8

47.1
92. 1
47.8
30 6

44.8
80. 2
45.4
29.5

46.7
91.6
46.9
30.1

64,430 64,871
«342
e 362
6
688
88

5 213
356
90

4 785

5 461

417
97

397
103

96
153
606
938
204
129
184

55
194
636

1,117

6234

68
164
674
865
219
149
321

145
100
265

61
162
630
1,022
70
174
262

e 167
« 358
e 325

179
417
326

202
362
312

171
333
370

152
416
3'>3

6 111

640
c 510

129
751
503

114
305
607

109
807
570

111
829
489

6 2, 320

e 2, 467

2,371

2,164

3, 131

6513

« 546

498

529

532

tnous fine o/
do
.
do

Currency in circulation, end of yr. or mo

bil $

Adjusted for seas, variation:
Currency outside banks
Demand deposits

do
do

Turnover of demand deposits except interbank and
U.S. Qovt., annual rates, seas, adjusted:
Total (344 centers)
ratio of debits to deposits..
New York City
do
6 other centered"
.
do
337 otber reporting centers
do

41.5
77.8
41.2
27.7

3
0
3
3

153. 5
32 3
121.2
111 1

40. 2
87.2
48.4
30. 1

43.6
80.7
46.0
29 0

153.9
3
120.
11°

2. 550
3, 321
3, 000

7
0
7
4

49.1
95.5
49.3
31 6

15, 462

;

1 . 293

155 '?
33 7
121.5
120 1
7.0

5 ! 155 0
3
33 4
3
12? 1
4
l]g 5

46.8
90.9
47. 6
30 4

I
j
i
i

150
33
p>3
n9

47.5 :
94.5 '
47. 1
30 5

_

7
5
3
4

.

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 £r _
._ _
- _ do
Stone, clay, and glass products
do
Primary non ferrous metal
_ ...
do
Primary iron and steel
-do
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil $
Machinery (except electrical)
do
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
vehicles, etc )
mil $
Motor vehicles and equipment
_
do
All other manufacturing industries
do...
Dividends paid (cash), all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil. $
Transportation and communications (see pp. S-23
and S-24).

6

641

62
158

6
157
e 560

6

6809

958
6 148

8145
6133
8180
6152

6327
6305
6

110

6572
6508

°607
e

6 141

6

I

5 121
341
85

i

2,410
660

SECURITIES ISSUED
Securities and Exchange Commission: t
Estimated gross proceeds, total.
mil. $.. 2,496
2,635
5,054
2,089
1,980
By type of security:
2,352
Bonds and notes, total
do
2, 521
4,942
1,989
1,880
747
Corporate
_ _ _ do
906
1 133
710
656
Common stock _ _ _ _ _ _
do
109
85
65
75
61
Preferred stock
do__
35
35
29
39
38
r
2
Revised.
i End of year.
Estimated; excludes
U.S.S.R., other Eastern European
3
countries, China Mainland,
and North Korea.
Effective Aug. 1902 for silver in commercial bar form (priced 1A cent higher than on former basis; f l u cent higher effective Nov. 15,
1962).
4 Based on refinery production (U.S. Bu. of Mint data); not 5 comparable with
later figures
shown, which are from
Amer. Bu. of Metal Statistics.
Average of daily
6
c
figures.
Quarterly average.
Corrected.




1, 673

2,977

2,117

2. 312

2,482

2, 022

2 121

4, 866

9 934 i

1,586

2,852

1, 958

992
91
34

2, 360

1,933

863
95
27

621
80
8

2,031
714
87
3

3, 503
81 ' }
] 349
22

2. 086

784
81
5

2,229
1 376

739
106
54

53
30

Q77
98

50
^Revisions will be shown later as follows: Insurance written for Jan.-Apr. 1963 (all series)
and 1962 (total and ordinary); securities issued, 1901-62. Revisions back to 1947 for money
supply and related data are available in the June 1964 Fed. Res. Bulletin; these revisions
result from adjustments to new benchmarks and from revisions of seasonal factors beginning
1955.
§Or increase in earmarked gold (—).
t Time deposits at all commercial banks other than
those due to domestic commercial banks and the U.S. Govt.
d*Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.

SUEVEY OF CUEEENT BUSINESS

S-20
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

1962 | 1963

Monthly
average

August 10(i4

June

July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission!— Continued
Estimated gross proceeds— Continued
By type of Issuer:
Corporate total 9
mil.$
Manufacturing
do
Extractive (mining)
do
Public utility
do
Railroad
do
Communication
do
Financial and real estate
.-do
Noncorporate, total 9
TJ S Government
State and municipal
New corporate security issues:
Estimated net proceeds, total
Proposed uses of proceeds:

892
271
17
235
19
10.9
158

1,020
295
18
222
36
91
260

1,246
239
83
413
77
66
285

810
330
4
191
26
92
93

756
279
13
124
8
97
161

871
287
6
79
51
40
358

1,116
247
18
278
17
46
453

891
226
17
174
27
16
345

1,459
531
2
203
44
65
426

985
166
54
137
30
159
335

710
128
10
161
35
84
113

805
165
30
195
24
36
329

2,175
171
25
172
48
1,376
266

1,124
183
17
502
25
27
229

do
do
do

1,604
716
713

1,615
601
842

3,808
2,252
1,072

1,279
413
789

1.224
398
726

802
347
452

1.861
394
1,282

1,226
333
688

853
357
483

1,497
474
1,006

1,312
413
810

1.316
399
844

2,691
1,444
1,204

1,109
367
660

--do

875

1,007

1,230

797

745

862

1,101

879

1,444

972

702

796

2, 156

1,110

687
471
216
63
126

749
450
299
127
130

783
512
271
217
230

588
374
214
121
89

566
269
297
107
71

730
373
357
67
65

912
368
544
88
100

606
354
252
61
212

1,098
674
424
30
316

845
473
372
43
85

523
330
193
17
162

677
341
336
42
77

2,008
1,744
264
45
103

931
671
260
69
109

713
397

842
457

1,072
544

789
392

726
567

452
283

1,282
427

688
613

483
259

1,006
267

810
470

844
593

1,204
869

660
515

'900
r

1
1405 1 461
mil.$__
i 4, 149 1 5, 541
-- _-do__
1
1, 216 1,210
do
i 2, 820 i 4. 481
do

407
4, 930
1,149
3,953

423
4,920
1, 126
3, 865

406
5, 057
1,093
3. 956

431
5,356
1,180
4,169

42?
5.524
1.176
4. 251

478
5,621
1.211
4. 485

461
5.541
1.210
4,481

464
5,546
1,262
4,251

465
5, 405
1, 199
4,191

474
5, 387
1,231
4, 156

458
5. 531
1,165
4,428

448
5,458
1,138
4. 475

464
5, 391
1, 146
4.431

--

Plant and equipment
do
^Vorkincr capital
do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer):
Long-term
- --do __
Short-term
.
do

393

884
218

SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)
IVToney borrowed

Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (A1+ Issues):
Composite (19 bonds) cf—.dol. per $100 bond..
Domestic municipal (15 bonds)
do _
U.S Treasury bonds taxable 1
-do
Sales:
Total, excl. U.S. Government bonds (SEC) :
All registered exchanges:
Market value
mil $
Face value
do
New York Stock Exchange:
Market value
do
Faco value
do New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $__
Yields:
Domestic corporate (Moody's)
percent..
By ratings:
Aaa
_
_
do
Aa
do
A
do _
Baa _ _
__do
By groups:
Industrial
do _
Public utility
do
Railroad
do
Domestic municipal:
Bond Buyer (20 bonds)
_ do _
Standard & Poor's Corp. (15 bonds)
do
U.S. Treasury bonds, taxable©

do

96.2
112.1

96.8
111.3

97.1
110.7

96.6
110.3

96. 5
111.4

95.9
110.7

95.9
109.9

95. 9
108. 5

95. 4
109. 5

95.3
111.2

95.7
112.3

95.2
109.9

94.6
110.3

94.7
111.6

94.9
111.8

95, 2
112. 1

86.94

86.31

86.36

86. 16

86. 45

85.77

85.50

85. 03

84. 64

84.42

84.60

84.10

83.84

84.38

84. 70

84. 70

144. 14
148. 83

145. 04
137. 82

126. 55
127. 69

116.30
113. 84

128 95
120.99

120.86
113.87

131.47
121. 30

162. 77
158. 36

322. 41
240. 58

286. 79
253. 71

230. 97
213. 65

253. 06
240. 93

288. 43
228. 37

257. 85
236. 45

242. 25
229. 17

138. 80
143. 27

138. 94
132. 17

119. 48
122. 36

110. 37
109. 00

123. 41
116.29

113.14
107.96

122. 60
114.33

158. 16
153. 92

317. 40
235. 87

280. 62
248. 73

226. 21
209. 23

244. 06
232. 30

282. 05
222. 06

252. 29
''31. 2°

235. 66
90 1 9g

121. 21

123. 61

104. 26

95.87

106. 74

94.41

107. 04

173. 13

234. 32

284. 85

226. 12

212. 95

226. 94

200. 45

215. 15

190. 12

4.62

4.50

4.47

4. 49

4.50

4. 52

4. 52

4.54

4. 55

4.56

4.55

4.56

4.58

4. 59

4. 59

4.58

4.33
4.47
4. 65
5.02

4.26
4.39
4.48
4.86

4.23
4.36
4.45
4.84

4.2(5
4.39
4.47
4.84

4.29
4.40
4.48
4.83

4.31
4.41
4. 50
4.84

4.32
4.43
4.51
4.83

4.33
4.44
4.54
4.84

4. 35
4.46
4. 54
4.85

4.37
4.49
4. 56
4.83

4.36
4.46
4.56
4.83

4.38
4.47
4. 56
4.83

4.40
4.49
4. 59
4.85

4.41
4. 50
4.60
4.85

4.41
4.51
4.60
4.85

4.40
4.50
4.58
4.83

4.47
4.51
4.86

4.42
4.41
4.65

4. 40
4.40
4.61

4.43
4 49
4 6°

4.45
4.42
4.63

4.46
4.44
4. 05

4.47
4.44
4. 06

4.47
4.45
4.68

4.48
4.49
4.68

4. 50
4. 51
4.68

4.48
4.51
4.67

4.49
4.51
4.67

4.53
4.53
4.69

4.54
4. 53
4.69

4.54
4. 55
4.70

4.52
4.54
4.68

3.14
3.18

3.18
3.23

3.22
3.27

3. 12
3.29

3.15
3. 22

3.19
3.27

3.24
3.32

3. 31
3.41

3.26
3.34

3. 13
3. 23

3.17
3.17

3.32
3.32

3.26
3.29

3.J 6
3.21

3.20
3.20

3.19
3.18

3.95

4.00

4.00

4.01

3.99

4. 04

4.07

4.10

4.14

4. 15

4.14

4.18

4.20

4.16

4.13

4. 13

Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. $
Finance
Manufacturing. __
Mining
Public utilities:
Communications
Electric and gas
Railroads
Trade
Miscellaneous _ _ __

215,076 216,188 2,321.1 1,081.5

2 2, 360 2 2, 487
197.1
do
do . 27,823 28,510 1, 546. 4
2582
112.2
2549
do
2

480. 7 3, 316. 7 1, 187. 5

594.7 2, 377. 0 1,131.1

454. 2 2, 566. 0 1,157.8

220.7
355.5
15.5

233.1
96.0
170.1 1, 406. 0
110.0
2.8

216.9
358.4
15.1

124.8
449.2
165.6 2, 164. 8
3.4
175.1

305. 1
346.2
18.1

240.2
209.3
170.8 1,542.9
110.6
2. 2

221.2
353.3
18.2

104.0
229.3
164.5 1, 722. 5
112.3
3.9

241. 1
362.1
16.6

454.3 2, 230. 6 1,071.4

2 1, 773
2353
2606
2201

1,456
21,900
2377
2642
2232

102.8
212, 2
59.2
61.3
29.9

258.4
133.9
16.7
64.2
16.6

3.0
131.9
8.7
32.2
9.6

120.1
215.1
56.4
62.1
27.8

244.5
134.9
21.2
62.9
17.5

3.2
136.7
6.2
30.4
10.4

124.2
216.8
87.6
62.4
36.6

247.0
135.0
26.4
90.2
19.5

3.0
140.1
8.8
47.7
12.8

109. 6
223.8
62.4
57.4
30.1

289.4
140.1
23.8
66.7
18.4

3.5
137.5
5.7
23.7
11.4

111.6
225.8
63.9
65.6
35.0

288. 7
141. 1
21.1
70.3
16.8

5.99
6.43
2.97
3.36
4.30
5.31

6.42
6.98
3.21
3.50
4.46
5.84

6.40
6.97
3.21
3.48
4.45
5.84

6.41
6.97
3.21
3.48
4.45
5.84

6.41
6.97
3.23
3.48
4.45
5.86

6.41
6.97
3.30
3.49
4.45
5.86

6.51
7.10
3.30
3.60
4.45
5.86

6.80
7.39
3.32
3.60
4.51
5.86

6.82
7.41
3.33
3.67
4.51
5.86

6.89
7.52
3.33
3.67
4.54
5.86

6.91
7.55
3.34
3.70
4.55
5.90

6.93
7. 56
3.38
3.72
4.55
5.90

6.95
7.58
3.38
3.72
4.55
5.90

6.97
7.61
3.38
3.72
4.55
5.90

6.98
7.61
3.38
3.76
4.55
5.90

7.03
7.68
3.39
3.76
4.55
5.90

Price per share, end of mo. (200 stocks) 9 ...do
177.87 202. 32 198. 62 198. 29 207. 81
Industrial (125 stocks)
do . 189. 95 218. 24 214. 45 214.19 225.11
Public utility (24 stocks)
do
91. 50 102. 79 102.10 102. 44 107. 57
Railroad (25 stocks)
do
63.39
82.42
78.49
78.81
82.73
' Revised
1 End of year.
2 Annual total.
^Revisions for 1961-62 will be shown later,
9 Includes data not sho\ -n separ itely.
cf Number of bonds represent number currently u sed;the<3hange iii the nu rnber dot s not
affect the continuity of series.

206. 58
223. 69
105. 14
79.11

214. 67
231. 19
102. 53
78.73

211.74
228. 76
100. 82
80.68

216. 57
234. 99
102.31
84.06

222. 47
241. 38
103. 69
84.81

225. 21
246. 19
104. 23
87.99

227. 79
250. 46
103. 13
88.26

229. 62
251. 53
104. 00
88.66

232. 35
255. 45
104.11
94.99

236. 24
257. 62
105. 40
99.52

240. 48
263. 49
110.76
100.64

do
do
do
do
do

Dividend rates and prices, common stocks
(Moody's) :
Dividends per share, annual rate (200 stocks)
dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do— _
Railroad (25 stocks)
do
Bank (15 stocks)
_
do
Insurance (10 stocks)
do




21,411

^ Prices a re derive dfrom a verage yields on b asis of ati assumed 3 perccmt 20-ye ar bond.
OFor bonds due or callab ein 10 y ears or ID ore.

SURVEY OF CUEEENT BUSINESS

Aujrusl I!l(i4

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

S-21
1964

1963

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

Apr.

May

June

July

FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's):
Yield (°00 stocks)
percent-Industrial (125 stocks)
do
Public utility (24 stocks)
do _ _
Railroad (25 stocks)
do
Bank (15 stocks)
do _ _
Insurance (10 stocks)
do

3.37
3.39
3.25
5.30
3.31
2.48

3.17
3.20
3.12
4.46
3.15
2.51

3.22
3.25
3.14
4.22
3.22
2. 55

2
4.99
2

12. 43
6. 29

12.95
4.87
5 23

4.50

4.30

4.29

4.34

4.30

4.30

4.26

4.28

221. 07
639. 76
121.75
132.61

253. 67
714. 81
138. 36
165. 30

257. 30
719.14
139. 86
171.89

252. 72
700. 75
138. 73
170. 62

257. 69
714. 15
142. 83
172. 93

262. 53
738. 52
142. 74
172. 71

262. 16
747. 52
138. 68
170. 41

261. 09
743. 24
137. 59
171.16

Earnings per share (indust., qtrly. at ann. rate;
pub. util. and RR., for 12 mo. ending each qtr.):
Industrial (125 stocks)
dollars 111.10
M.73
Public utility (24 stocks)
do
2
5. 73
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
__ _
Railroad (20 stocks)
Standard & Poor's Corporation:^
Industrial, public utilitv, and railroad:
Combined index (500 stocks)
1941-43=10..

1

3.23
3.25
3.13
4.42
3.12
2.54

3.08
3.10
3.00
4.21
3.02
2.48

3.10
3.12
3 14
4.41
3 12
2.57

3.03
3.03
3.22
4.57
3.08
2.52

3 21
3.23
3 29
4.46
3 25
2 61

11 05
4.91
6 37

3 15
3 915
3 5
1.37
3 17
2.57

3 10
3 12
3 21
4.33
3 13
2 52

r

14 45
4 99
6 29

4.32
266
759
137
176

33
94
77
16

3 04
3.02
3 28
4.21
3 02
2.49

3 07
3 07
3 20
4.21
3 14
2 48

4.31
272. 31
776 62
140. 19
180. 93

4.31
276
793
140
184

74
03
09
55

3 03
3.01
3 25
4.20
2 99
2 46

3 00
2.98
3 25
3.92
2 94
2 45

282.
812
139
191.

93
18
25
97

2.92
2. 91
3. 06
3.74
2.95
2.39

15 00
5 13
6 95

13 85
5 02
6 81

4.34

2. 95
2.95
3 21
3.78
2.98
2.45

4.37

4.41

4.41

4.37

286. 09
820 94
139. 02
196. 15

289. 33
823 12
140. 86
202. 08

290. 08
817. 63
141. 56
206. 59

302. 02
844 24
147. 37
218. 78

62.38

69.87

70. 11

69.07

70.98

72. 85

73.03

72.62

74.17

76.45

77.39

78.80

79.94

80.72

80.24

83.22

65. 54
58.15
54.96
59.16
30.56

73.39
63.30
62. 28
64.99
37.58

73.61
64.03
62. 32
64.87
39.34

72.45
61.82
61.41
64.47
38.75

74.43
63.30
63.45
66.57
39.22

76.63
64 96
66. 45
67.09
39.00

77.09
65. 57
67.09
65.55
38.31

76.69
66 45
66.44
64.81
38 60

78 38
68 54
66.38
65.64
39 92

80 85
71 89
67.36
67.26
41 00

81 96
72 92
68.11
67 20
41 54

83 64
75 48
70.15
66.78
42 88

84.92
76 52
70.93
67.30
43 27

85.79
76 50
72. 67
67. 29
44 86

85.13
75 85
72.42
67. 46
46.29

88. 19
77 76
75.47
70.35
48 93

33. 75
66.19
57.43

36.75
74.81
63.38

37.01
75.85
62.76

36.87
75.29
62.58

37.76
76.82
63.61

38.33
77.31
64.96

37.04
76.05
63.79

36 67
75 24
63.00

36 29
75 37
63. 73

37 60
77 39
65.46

37 06
75 90
66.19

38 49
76 90
67.06

39 20
77.17
67.07

39 88
77. 66
67. 62

38.91
76. 69
66. 96

39 78
76.98
68.31

4, 561

139

5,359
153

5,036
149

4,533
132

5,033
144

6 093

7 049

6 003

6 156

7 649
'200

5 317

6 072

210

168

5 683

140

6 401
'l85

6 982

169

3,945
99

4,574
113

4,279
107

3, 827

4,215

5,161

123

5,943
136

5 082

5 154

6 149

4 280

5 325

5 933

5 196

145

102

137

156

125

80

96

91

76

92

107

122

94

99

117

88

114

124

99

96

103

Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
bil. $__ 339. 29
Number of shares listed
millions.- 7,464

386. 63
7,906

383. 00
7,923

382. 21
7,952

400. 96
7,972

396. 24
8,010

407. 24
8,029

401. 60
8,042

411. 32
8,108

422. 51
8,183

428. 42
8,214

436. 79
8,301

441. 72
8,378

447. 62
8,480

455. 01
8,841

464. 54
8,941

Industrial, total (425 stocks) 9
do
Capital goods (122 stocks)
do
Consumers' goods (188 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 and casualty insurance (22 stocks)!- -do
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
M^arket value
mil $
Shares sold
millions
On New York Stock Exchange:
Shares sold (cleared or settled)
millions
Exclusive of odd -lot and stopped stock sales
(N.Y. S.E.; sales effected)
millions--

96

102

170

184

149
111

123

155

4 745

114

FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Valuet
Exports (mdse.), incl. reexports, totall
Excl Dept. of Defense shipments
Seasonally adjusted __ __

mil. $_. 1, 806. 0 1, 934. 0 1, 865. 6 1, 818. 0 1, 903. 2 1, 823. 5 2, 079. 8 2, 104. 5 2, 155. 4 2,117.5 2, 091. 5 2 179 3 2 206. 7 2, 256. 6 2, 099. 1
do__ 1, 745. 4 1, 857. 3 1, 779. 2 1, 713. 6 1. 810. 7 1 765 5 2 023 0 2 028 5 2 092 3 2 095 0 1 994 5 2 127 2 2 120 4 2 204 3 2 031 1
1, 784. 7 1, 823. 0 1, 894. 6 1 979 6 1 946 4 1 944 6 2 049 4 2 037 3 2 028 7 2 077 5 2 046 0 2 052 1 2 004 3

do

By geographic regions: A
Africa
- Asia
Australia and Oceania

do
do
do

81.8
343 7
39.8
543 5

82.4
398. 1
43.6
589 0

77.2
347.5
44.3
553 8

87.4
395.2
41.6
494 7

78
401
42
561

do
do
do

319.4
130.7
167 7

343.2
142. 2
159. 6

371.0
138.0
146. 2

329. 9
136.3
141 8

328.7
140. 2
156 2

349 1
142. 9
131 1

405 9
154.5
149 9

359 2
152. 6
171 9

By leading countries:
Africa:
United Arab Republic (Egypt Reg.)..-do
Republic of South Africa
do

19.6
18 6

17.5
23 0

19.8
21 3

15.1
22 6

13.8
23 9

16.0
04 §

16.2
94 5

34.2
55.8
23 7

36.5
67.0
32.3

38.5
58.6
22 0

33.5
70.7
24 5

34.1
69 1
37 3

32. 2
60 6
36 9

9 9
22. 4
117 9

88
26. 9
141 5

8 6
21.6
113 7

6 0

lie' s

4 g
26.2
144 7

48 9
.1
90 0

56 5
.5
92 0

59.0

38 3

Northern North America
Southern North America
South America

-_

Asia; Australia and Oceania:
Australia, including New Guinea
do
India
_
_
_ _ _do._
Pakistan
do
Malaysia© -- - - -do _
Indonesia
Philippines
Japan

__

_

Europe:
France
_
East Germany
West Germany

do_
do _ _ .
do

Italy
__
Union of Soviet Socialist Republics
United Kingdom
___ _
T

do
__do
do

do
do ..
do

73 4
82 3
64 1
1.3
1.7
1.8
89.6
96.8
71.4
1 Quarterly average at annual rate.
2 For

1
2
7
8

79
442
44
658

3
4
8
8

92
438
55
671

6
0
8
6

95
489
59
678

6
7
7
9

86
449
48
695

no 9

95 6
420 1
702 0

700 9

99
410
48
692

355 4
147. 1
170 5

339 6
149.4
156 2

341 6
149.7
147 3

407 2
161.2
161 3

426 2
167.0
161 7

495 5
164. 6
186 6

417 3
179. 4
179 5

13.6
26 4

17.7
29 8

13.4
26 1

22 8

21 1

23. 5

r 29. 6

37 3

24.2

98 9

37.7
72 8
47 8

50.0
76 5
25 6

45.4
98 7
45 5

37.6
80 2
25 5
6 2

40.89
70
21 3
58

47.6

40.6
76 1
20 0
6 0

49. 7
97 8
30 6
6 4

10 9
24.1
139 4

7 8
35.5
159 7

I9 8
29.9
173 9

7 9
29.3
168 8

12 8
30.2
184 6

6 7
29.9

4 ri
29.3

2 2
31.3

3 9
32.6

52 7

51 1

(3)

(3)

75 8

90 9

88 4

63 5
1
98 9

64 1
19
103 9

64 7
93
103 0

84 2
32
97 6

66 0
35

70 9
2.8
80.4

80 5
2. 2
87". 1

68 6
.6
104.3

79 9
3.6
130.7

74 4
1.6
125.6

80 9
1.7
114 5

199 Q

70 8
8.3

75 2
29.3
193 9

Revised.
» Preliminary.
12 months
3
ending Dec.
Less than $50,000.
cfNumber of stocks represents number currently used; the change in number does not
atl'ect continuity of the series.
9 Includes data not shown separately.
fRevised series; former series covered fire insurance only.




79
381
40
544

2
4
6
1

(3)

88 1

6
7
3
3

9Q 7

1(\(\ ft

Q7 &

dnfi Q
54 0

R7 *i

a 1

7-1 A
1 8
o o

n

TO

Q

1
4
7
3

1 ro A

(\K n
i^

116 6
7d ^

55.3

22.2

191 7

1H7 A

115
450
59
695

2
6
0
5

71 °.

4

m

103
372
58
692

9
3
8
3

oo 7

49.8
55 1
38 4
6 1

3 9
30.4

1 9S °.

0

fi11 ^i

7

%o

R1 n
13.8
111 9

1.8

1H7 Q

t Revisions for various periods prior to Feb. 1963 will be shown later.
^Includes grantaid shipments under the Dept. of Defense Military Assistance Program, as well as economic
aid shipments under other programs.
AExcludes "special category" shipments.
OCountry designation established Jan. 1904.

SURVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are sh^wn in the 1063
edition of BUSINESS STATISTICS

1962

1063

Monthly
average

August .1 !><>-»

1963

June

.July

Aug.

So pi .

1%-i

Oct.

Nov.

Dee.

Jan.

Feb.

Mar. 1 Apr.

May

June

July

FOREIGN TRADE OF THE UNITED STATES— Continued
FOREIGN TRADE— Continued
Value— Con tinned t
Exports (mdse.), inel. reexports — Continued
By leading countries— Continued
North and South America:
Canada
mil. $-Latin American Republics, total 9
"Rr-l/ll

Chile
Colombia
Cuba
Mexico

do
dO

_ _ . _ _ _ — ~do— do
_
do
do

Exports of US merchandise total

371.0

329. 8

328.7

319. 1

405. 9

359. 1

355. 4

339. 6

341. 6

407.1

426. 2

425. 5

417.3

262. 8

255. 4

249. 6

263. 9

241. 1

267. 9

286.2

278. 5

269.8

261. 7

285. 3

292. 8

314. 4

325. 1

31.6
35.4
14.2
18.9
1.1
67.1
39.2

15.7
31.4
13. o
20.0
3.0
68. 9
42. 3

15.1
28.0
15.4
19.5
0)
70.6
39.6

15.6

14.4
29.0
14.5
22.6
0)
65. 1
44.1

10.3
20. 5
12.6
18.4
0)
70.7
41.2

15. 2
21. 7
13.0
22. 6
C 1 )'
78.1
46. 5

17.2
30.9
15.1
21.7
0
75.3
48.3

18.8
29. 3
14.4

15.1
32.4
13. ]

19.5
23.1

17.3
%. 5
13.0

16. 7
31.3
12.6

19. 2

IS. 8
39 5
14. 2

24.6
0)
69. 4
49.7

20.4
0)
72.5
43. 6

19.8
C1)
76. 6
40.5

20.6
0)
78.2
48.7

17.1
0)
91.0
47.1

14.2
21.0
3.7
66. 4
34. 9

31.6
16. 7
24.5
0)
81.8
57. 4

21.1
0
103. 3
55.8

I , 840.8 1,797.1

186. 2
167. 5
113.8
2,53. 4
1,062.7

214.7
189.4
124.8
273. 6
1,107.6

199.1
175.6
103. 9
259.5
1, 102.7

182.6
181.0
113.2
272.3
1,048.0

158! 8
124.0
300.2
1,084.1

-do

419.5

465.4

412.9

410.6

408.7

433.7

552.6

574. 5

588.1

542.2

525.3

530. 8

521. 1

528. 9

459.1

do_
do
do_-_*
do _
do _ _
do

26.1
44.8
35.8
171.4
11.8
40.9

26.6
48.9
37.2
191. 7
12.3
43.6

23.4
34.5
39.0
172 2
11 A
39.5

26.0
25.9
37.6
179.7
10.6
35.0

26.4
36.7
33.9
156.3
11.7
44.7

32.1
41.9
37.0
162. 3
13.0
64.2

28.9
50.9
50.0
211.2
16.4
73.0

20.7
67.8
40.0
220.9
17.3
60.1

25.4
86.1
37.4
247.7
13.8
55.4

26.6
79.0
32.2
234.1
16.8
38.0

27.8
74.9
33.7
226.3
16.0
37.0

33.1
64.4
33.3
238.2
14.5
30.0

20.9
51.7
28.4
245.0
12.6
30.5

36.1
49.5
34.5
238.4
16.7
33.5

32.9
50.7
37.8
180.3
14.9
41 2

1,444.7 1,427.9

By economic classes:
Crude materials
do
Crude foodstuffs
do
Manufactured foodstuffs and beverages.— do
Semimanufacturescf
do
Finished manufacturescf
—do

Animal and vegetable oils and fats*
Cotton unmanufactured
Fruits, vegetables, and preparations
Grains and preparation st Meat and meat preparations*
Tobacco and manufactures A

343.2

270.3

1,783.6 1. 910. 1

do

By principal commodities:
Agricultural products, total?

319.4

1,879.2 1,801.8 2, 055.6 2, 079. 1 2,131.6 2, 090. 6 2, 063. 0 2,151.3 2, 170. 3 2 925 5 2, 067. 5
9 JO 9

215. 5
284.9
237. 9
281.6
207. 6
219 1
247.4
217.9
227 o
232. 6
209. 7
228.3
22 I! 4
232.5
227.4
233. 1
182. 1
135.8
132. 6
131.9
137. 3
135.' 1
134.9
127.7
144.8
125.9
326.4
296. 5
297.1
289. 5
323. 4
285. 0
300. 7
270. 5
333.3
330.9
1,020.1 1.132.3 1,149.9 1,185.1 1,187.4 1, 188. 5 1.245.3 1.271.8 1, 295. 2 1,210.6

222.9
166. 7

279 7

]99 9

1,503.1 1. ,504. 6 1,543.5 1. 548. 3 1,537.6 1,620.5 1, 649. 1 1, 696. 6 1, 608. 3

- do

1,364.1

1,386.6

1,470.5

1,368.1

Automobiles parts and accessories
Chemicals and related products§
Coal and related fuels
Iron and steel prod (excl adv mfs )

do
do
do
do

115.2
149.3
32.0
50.9

125.5
2161.9
40.2
57.4

119.1
158.3
42.0
56.0

107.1
163. 1
37.0
61.6

112.7
176. 3
53.8
62.6

115.3
162. 1
53.3
56.5

146. 1
175.0
50.5
64.0

165. 3
169. 9
46.0
60.6

159.7
165.4
37.8
64.8

148.2
171.1
33.9
63.1

151. 6
172.3
31.6
61.8

149.0
191.9
30.5
67.2

148.7
149.4
34.3
68.7

156. 5
187.4
44.9
84.7

144.6
183.5
45.6
83.4

Machinery total§9

do

435.1

453.4

461.8

431.0

446.0

411.1

462.7

477.1

491.7

486.8

510.4

542.7

521.5

575.2

512.8

do
do
do
do
do

13.2
30.3
105.9
44.5
208.1

15.2
35 9
113.4
37.0
216. 5

19.2
38.5
111.9
34.7
224.0

18.4
33.0
104.2
31.2
211.2

16.6
36.5
111.7
29.0
212.9

10.6
31.2
108.9
34.6
192.4

11.7
41.1
114.0
38.1
218.0

11.4
36.9
124.2
37.5
228. 4

12.7
39.6
122. 5
42.2
236.8

15.8
39.2
125. 6
39.1
226.2

20.1
36.5
132.7
42.1
238.4

23.9
45.5
123.0
44.4
264.2

23.8
49.8
122.6
39.8
246.1

22.6
53.7
133.2
46.4
274.8

19.7
50.2
H9.9
39.7
240.3

do
do

36.8
57.3

41.0
57.8

37.1
57.6

42.6
53.3

41.5
57.8

41.0
55.2

41.1
65.0

39.4
63.2

41.9
62.8

37.7
59.6

35.1
61.5

38.4
70.9

41.8
68.2

35.8
71.0

39.4
68.2

1,365.8 1,428.5

1,356.5
1,420.5

1,502.6
1,457.5

1,458.3
1,508.3

1,398.5
1,450.4

1,591.3 1,425.1
1 ,458.8 1,465.3

1,529.9
1,477.7

64.8
266.1
41.8
400.8

54.8
252.9
37.1
362. 3

61.4
283.3
53.2
441.8

67. 6
306. 4
48.6
370.9

58.4
267. 6
52.9
378.7

74.0
297.8
48.1
466. 1

59.5
265. 2
31.6
445. 1

71.0
252.1
43.2
427.6

67.6
283.0
35.7
400.9

71.4
203.7
30.5
394. 6

89.8
282.9
38.3
456. 1

86.9
276.5
33.4
449.3

83.7
278.3
36.1
411. 5

67.5
317.2
45.6
446.7

339.2
319.4
342.7
334.6
305.2
Northern North America
- - do
132.2
109.1
128.9
127.4
123.1
Southern North America
do
174.2
204.2
220.9
207.7
194.7
South America
do
Bv leading countries:©
Africa:
1.2
3.9
.5
2.1
1.7
United Arab Republic (Egypt Reg.)_..do
23.3
31.4
21.4
21.6
16.8
Republic of South Africa
do
Asia; Australia and Oceania:
24.1
30.9
26.6
28.0
24.4
Australia, including New Guinea
do
25.6
24.5
23.3
26.7
21.3
India
do
2.9
3.3
3.6
3.5
3.8
Pakistan
do
Malaysia©
do
8.5
10.5
9.4
9.7
11.2
Indonesia
do
44.9
35.8
35.0
26.9
29.7
Philippines
do
109.7
143.3
145.6
113.2
124.8
Japan
_
do
Europe:
36.2
44.6
35.8
35.8
35.7
France
_
do
2
.2
.3
.3
.3
East Germany
- do
75.1
92.3
83.6
75! 1
80.1
West Germanv
do
38.2
46.1
47.0
41.1
37.7
Italy
do
1.5
1.8
1.2
1.3
1.7
Union of Soviet Socialist Republics
do
83.2
100.9
89.9
89.8
83.8
United Kingdom
do
T
\ orth and South America:
319. 1
342.2
338. 6
334.3
305. 0
Canada
do
258.4
272.2
287. 6
286. 5
282.2
Latin American Republics total 9
do
8.8
14.5
16. 2
8.9
13.7
Argentina
do
42.6
36.3
43.1
46.8
Brazil
. _do_- _ 45.1
18.4
14.5
19.8
15.9
15.7
Chile
do
12.7
28.8
22.9
20.7
20.7
Colombia
do __.
Cuba
do
.6
(0
(0
0)
0)
46.5
39.4
39.5
48.2
49.5
Mexico
do
76.2
82.2
75.3
81.3
78.1
Venezuela
_ _do
2
r
Revised.
v Preliminary.
1 Less than $.50,0 00.
Beginnin g Jan. 1963, exc Ludes
exports of certain fertilizer materials, coal-tar and svnthet ic resino us prodiicts, che mical
specialties, etc.; in 1962, such exports totaled $52.6 m il."
JSee similar note on p. S-21; for exports, see also note "T on p. S -21.
9 Includes data not shown separately.
cfData for semimanufactures reported as "spec ial categ ory, tvp p 1" are includec with
finished manufactures.
*New series. Data prior to Sept. 1962 ma^ • be obta ined froi i Bu.
of Census report?.

301.4
102.4
236. 6

354.2
115.7
235. 1

312.0
114.2
197. 5

351.1
140.9
243.0

307.4
150.4
199.8

301.9
142.2
192. 7

337.4
152.0
234.9

341.4
162. 2
211.3

«• 337. 4
* 143. 4
166.6

381.6
137.0
198.8

1.1
17.8

5.0
18.9

.5
17.4

1.1
25.8

1.0
24.1

1.0
20.3

3.8
21.1

2.0
21.3

2.5
19.9

1.0
19.3

34.2
21.7
3.2

36.8
25.8
4.0

20.7
22.9
3.7

29.0
21.0
3.7

9.8
36. 9
139. 8

9.7
18.0
134. 7

8.0
29.9
118.0

19.2
18.0
2.6
9.9
10.0
15.1
100.6

24.8
24.0
3.2
14.8
15.0
34.9
133.3

18.5
28.1
3.9
10.6
11.7
19.8
143.5

'16.1
25.7
3.5
12 2

8.4
32. 5
124.9

27.7
22.3
4.3
14.3
13.4
32.2
130.6

34.6
121.7

32.2
28.4
3.7
10.9
15.8
31.3
155. 1

31.5
.2
81.1
34.7
4.5
83.8

45.5
.3
92.1
50.2
1.8
106.0

42.0
.2
94.9
46.4
1.2
100.6

37.1
.1
92.2
43.5
.9
91.6

35.9
.3
92.0
36.3
1.2
83.5

35.0
.8
78.7
33.7
2.0
85.3

39.5
.7
106.1
40.3
1.0
90.8

43.9
.5
97.9
41.2
.9
94.0

41.5
.4
87.8
35. 2
1.3
91.1

42.8
.6
99.7
45.1
2.4
100.7

300.9
293.6
17.2
56.4
15.9
34.9
(J)
37.3
67.2

354.0
301.3
17.6
53.7
14.6
31.6
0
46.4
73.4

311.7
269.3
11.0
62.9
11.3
17.5

350. 9
332. 9
20.9
67.5
14.0
14.4

307. 2
294. 7
11.6
43.6
16.6
14.2
0)
63.6
85.3

301.8
284.5
9.7
38.0
7.4

337.3
338. 7
10.8
60.7
20.9

341.3
314.9
10.4
53.8
17.3
24.5
0
71.4
75.7 1

337.2
260. 4
9.4
23.6
19.3
17.3
0
55.9
66.2

381.3
280.7

Nonagricultural products total 9

Agricultural
-Tractors, parts, and accessories
Electrical
Metal working§
Other industrial
Petroleum and products
Textiles and manufactures
General imports totalO
Seasonallv adlustedO
By geographic regions: 0
\frtca
Asia
Australia and Oceania
Europe
-




-

do
do

-

do
do
do
do

62.8
246.7
36.6
385.0

-- -

0)

46.6
63. 1

0)

55. 6
88.1

1,446.7 1, 337. 7 1, 592. 3 1,562.3 1, 457. 9 1, 595. 5
1,421.8 1, 445. 3 1, 522. 9 1.542.1 1, 548. 1 1, 505. 5

22.2
f1)

59. 1
89.3

23.2
(0
67.2
87.2

is! 2

12.3
32.5
17.6
21.1
(^
50.6
81.8

tRe vised to i n elude S ITC iterns classif ied as "<cereals aiid prepa rations" , not corn parable
with iata pul lished in the 196 3 BUSINI:ss STAT [sues an d in SuiIVEY issiles prior to Nov.
1963.
AN anufacti ices of to bacco ar<} include d in the ilonagriciiltural p roducts t otal.
§E Deludes ' special category, type 1' exports
OF or certai i recent inonths, ;he data by regions and c ountries exclude imports uniden0C(>untry d ssignatio n establi shed Jan . 1964.
tified by area of origin

SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

S-23
1964

19G3

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Feb.

Jan.

Mar.

May

Apr.

June

July

FOREIGN TRADE OF THE UNITED STATES—Continned
FOREIGN TRADE— Continued
Value— Continued t
Imports for consumption, total
mil. $_.
By economic classes:
Crude materials
do
Crude foodstuffs
-- -do
Manufactured foodstuffs and beverages. _do
Semimanufflctures
- ..do. _
Finished manufactures
do
By principal commodities:
\griculturalproducts total 9
do
Cocoa (cacao) beans, incl. shells
do
Ooffee
- -do _.
Rubber, crude (incl. latexandguayule)._do
Sugar (cane or beet)
do
Wool and mohair, unmanufactured
do
Nonaccricultural products total 9

do

Furs and manufactures
do
Iron and steel prod. (excl. adv. mfs.)_--do
Nonferrous
ores, metals, etc.:
Bau v ite crude*
- -do _
Aluminum semimfs. (incl. calcined bauxite>*
mil. $ _ _
Copper crude and semimfs *
do Tin including ore
-do
Paper base stocks
Newsprint
Petroleum and products
Indexes
Exports of U.S. merchandise:
Quantity
Value
Unit value
Imports for consumption:
Quantity
Value
Unit value
-

1,354.3 1,417.8

1,327.8

1,505.3

1,479.1

1,375.1

278.2
148.0
149. 3
282.4
496. 3

274.0
143. 8
166.5
300.4
533. 2

266. 3
105. 0
174.0
293.2
489.3

281 0
128. 9
184.4
31 7. 5
593. 5

314 3
196. 6
177.3
313.6
547. 2

9(50 °

322. 3

334.8

295.6

333.6

11.0
82.4
19.0
42.0
17.4

11.3
79.7
16.4
50.9
18.8

12.1
51.5
12.8
73.0
15.7

7.5
78 4
13.3
64 3
22.1

1,031.9

1,083.1

1,032.3

9.7
47.3

U0.9
59.4

9.5
63.7

1,578.3 1, 427. 8 1,511.6

1,464.9 1, 322. 3 1, 567. 3 1,555.3 1,433.8 1,576.8

140 2
183.1
9
85 7
505 8

073 3
168 7
198.2
396 4
611 8

238 0
153 3
163.0
300 4
573 0

284 5
158 7
197. 4
315 0
556 0

974
160
133.
343
553

345. 2

345 4

377 5

319 8

369 4

33° 7

295 4

8.4
76 7
16. 5
62 5
17.2

9.7
89 3
13. 5
59 7
12.7

9.4
100 9
15.0
53 4
16.7

7.2
88 8
13.6
31 8
11.9

11.1
°0 1
14.0
68 8
22.9

14.4
87 4
19.4
26 3
19.7

12.5
94 0
13! 2
16 5
20 6

1,171.7

1,133.8

1,099 6

7.0
75.3

5.7
71.0

1

10 1
59.1

1,900 8 1 108 0 1 142 2
7 9
70.4

6 1
65.3

26 3
54.0

3
8
5
0
4

246
161
105.
314
494

1
4
7
0
1

9
67 8
199 2
142. 6
343 1
609 7

270 4
147 4
149. 2
311 1
555 7

09 1 r^
140 4
103. 0
340 l
641 8

383 1

362 7

329 9

316 1

8.2

8.1
84 5
20. 2
47 8
17.6

10.3
73 9
13.9
38 9
141

274
202
150.
339
601

8
5
5
1
5

125 7
19.4
37 2
17! 4

131 8
13^3
39 i
18.3

r

1 132 2 1 026 8 1 184 2 1 1Q9 7 1 103 9 1 260 7
r

n6 1
60.7

T 13 $
54 1

c 15 g
59.7

62.5

19 Q

q i
68 6

81
77.5

10.1

9.5

9.4

10.5

11.7

9.8

8.8

8 2

9 4

9 6

11 2

9 5

12 2

8 8

10 0

14.7
20.8
9.7

16.9
121.6
9.1

21.6
23.8
10.7

24.0
20.2
8.5

18.7
28.3
11.1

17.8
1
26 1
6.4

17.0
26 1
9.2

17.9
23 3
8.7

17.7
25 1
8 2

17.1
26 1
9.8

14 8
29 5
7 3

17.6
99 8
10 7

17 6
26 1
7 8

17 8
23 7
7 6

18.9
26 6
7 9

do
do
do_ __

30.0
58.0
147.1

30.1
57.3
i 149. 1

32.1
57.1
129.7

30.5
62.5
146.4

31.9
57.7
146.5

28.7
57.9
i 132. 3

34.6
66.5
149.0

31.1
58.1
135.9

32 0
68 0
164 9

31.7
56. 8
!93 3

31 1
52 4
r 154 3

35 4
58.7
159 5

31 9
61 2
r I5f> 7

30 4
59 6
<• 137 1

35 0
65 2
144 0

1957-59=100-.
do
-- do

112
115
102

"120
^123
*>102

116
119
102

113
116
102

119
121
102

114
116
101

130
132
102

131
134
102

135
137
101

*>131
^135
v 103

M30
v 133
P 103

v 134
v 139
TO

103

•p 137
P 140
v 109

v 140
P 143
p 109

123
117
95

Pl27
*122
"96

119
114
96

135
130
96

132
127
97

123
118
96

141
136
96

127
122
96

132
130
98

v 128
*98

p 116
pl!4
•P gg

v 136
v 135
P 99

P 134
P 134
P 100

P 195
P 123
P 98

11.9
150 3

11.9
157 2

1'>.9
150 9

12. 9
153 5

4 3
70.4

4 0
70.7

4 7
79.4

4 6
76.0

do
do
do

Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous. sh. tons.. 11,215 13,010 13. 061 13. 573 14, 846 14, 368 15, 070 14, 796 13, 887
Value
.
mil. $ 1,165.6 1, 232. 7 L.170. 6 1,164. 7 1, 219. 2 1.164.3 1. 375. 6 1, 408. 6 1, 450. 0
General imports:
17,552 17, 706 18, 778 19, 493 19, 996 18, 394 19, 076 17,066 17, 569
Shipping weight _
thous. sh. tons
982.6 1,116.0 1, 089. 0 1,049 0 1,163.9 1,032.0 1 077 2
Value
mil. $__ 983.6 1. 033. 2
Airborne trade:
Exports (incl. reexports) :1
10.4
9.1
9.4
9.6
11.5
9.9
10.2
Shipping weight
thous. sh. tons..
10.9
11.3
136.5
124.3
127.0
119.8
120. 3
126. 3
140.4
131.5
141. 9
Value
- mil. $
General imports:
4 3
5 4
5 3
Shinpins! weight
thous sh tons
5 3
67.9
66.5
58.0
57.4
67.9
81.3
82.8
89^0
Value
mil. $_. 59.7

rl

v 111

r

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total) :
Operating revenues, total 9
mil. $_. 570.7
Transport, total 9
do ... 566.0
509.8
Passenger
_
do
37.1
Property
do. ..
14.4
U S mail
do
551.4
Operating expenses (incl. depreciation) do
1.9
Net income (after taxes)
- do
Operating results:
Miles flown (revenue)
thous_- 59, 409
45,296
Express and freight ton-miles flown do
Mail ton-miles
flown
do. .. 13, 575
3,990
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
mil-- 2,667
Express Operations
Transportation revenues
Express privilege payments

621.9
617.1
557.0
40.3
15 0
585.5
8.4

632.1
627.9
569.0
39.1
14.7
577.6
20.2

63, 828
49, 195
14, 167
4,548
3,048

64, 620
47,334
13, 164
4,966
3,431

.mil. $_.
do

295.9
229.2

295 9
228.6

93.5
27.8

Local Transit Lines
Fares, average cash rate.
cents
Passengers carried (revenue)
.._ mil-Operating revenues (qtrly. avg. or total) ...mil. $_.

20.1
594
350.8

20 5
576
346.5

20.4
550
357.0

653. 3
648.7
587.3
41.0
14 2
592. 8
27.6
66, 502
46, 151
13, 002
4,648
3,251

67, 333
51, 894
13, 617
5,151
3,588

66, 676
57, 797
15,033
4,917
3,165

62, 455
51, 397
13, 376
4,446
2,861

96.3
29.9

20.5
533

20.5
534

Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
3954
Number of reporting carriers
_ __ ._
o 1, 017
Operating revenues, total
mil. $__ 1,343
e 1, 326
Expenses, total
.do. . 1,286
« 1, 304
87
680
Freight carried (revenue)
mil. tons._
r
c
d
Revised.
p Preliminary.
Corrected.
Deficit.
i Eft'ective Sept. 1963, data reflect adoption of U.S. Tariff Schedules and are not entirely
comparable with earlier figures also, beginning Jan. 1964,
data for furs and nifs. and
petroleum
2
3

and products
reflect further changes in 4 USTS.
Quarterly average.
Number of
carriers
filing
complete
reports
for
1962.
Reflects
substitution
of
data
for
one
or
two intrahttp://fraser.stlouisfed.org/
5
Aluskan carriers.
Revisions for 4th qtr. 1962 and 1st qtr. 1963, respectively (mil. $):

Federal Reserve Bank of St. Louis

64,335
52, 766
13, 043
4,639
3,119

20.5
560
330.3

20 6
630

20 7
563

45

* 5 634. 4
4
628. 3
4
561 9
4
44. 0
4
16 7
45
596 0
4511

646 8
640 8
579 4
42. ()
155
4
=613 7

65, 758
55, 581
19 401
4,732
3,221

66. 274 4 62, 863 467, 481
50, 710 4 50, 212 454, 522
14, .547 '14 051 415 488
4,801 4 4, 458 45, 008
3,245 4 2, 949 43, 316

105 4
31 3

96 8
27 1

20 7
590
366.8

4 5 11 0

20 8
581

20 8
552

20 8
585

4
4
4

65, 407
56, 472
15 091
4
5, 003
4
3, 287

91 0
600

4
4
4

68, 022
59, 014
14 823
4
5, 030
4
3, 322

91 9

91 •>

596

564

Operating revenues—559.7; 568.0; expenses—551.9: 572.1; net income— rf 1.8- d 1~>.S.
»• For 1st
qtr. 1963.
JSee similar note on p. S-21.
9 Includes data not shown separately.
*New series.
Data prior to Dec. 1962 may be obtained from Bu. of Census reports.
§Excludes "special
category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
^See similar note on p. S-21.

SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

August UK">4

1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

i
| Mar.

Apr.

May

June

July

TRANSPORTATION AND COMMUNICATIONS—Continued
j

TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, qtrly. index of volume, class I and
IT ( \T \)
averaee same period 1957-59 — 100
Carriers of passengers, class I (qtrly. avg. or total):
Number of reporting carriers
-- --

i 120. 3

1

126 3

2

195 4

1^4 0

127 8

140
136 9
117.3
57 1

138
165 7
128 8
6° 9

138
130 7
114.0
55 3

do
mil

140
131. 2
111.8
56.8

thous._
do
do
do
do

2, 394
439
30
158
231

2,406
461
32
156
234

2,424
467
34
148
221

2,137
300
30
135
'228

Livestock __
do
Ore
do
Merchandise 1 c 1
- do
Miscellaneous
do
Freieht carloadings, seas. adj. indexes (Fed. ~R.):t
Total
1957-59=100..
Coal
do
Coke
-do_ -.
Forest products
do
Grain and grain products
do
Livestock
do ._.
Ore
- - do
Merchandise, 1 c.l
__do__ _
Miscellaneous
- -do -

17
144
97
1,277

14
147
72
1.289

8
211
68
1,267

8
212
63
1,161

492
90
81
97
101
67
83
49
94

*93
95
88
96

95
100
107
93
99
49
81
36
97

94
100
104
94
86
51
83
36
97

Fxpen^es total
Passengers carried (revenue)
Class I Railroads
Freight car-loadings (AAR):
Total cars
_
Ooal
Coke
Forest products
Grain and grain products

Financial operations (qtrly. avg. or total):
Or>eratin° revenues total 9
-- mil. $
Freight
do
Operating expenses
Tax accruals and rents
"N"et railway operating income
Wet income (after taxes)

do
do__
do
_do._

Operating results:
Freight carried 1 mile (qtrly )
bil ton-miles
Revenue D6r ton-mile (qtrly avg )
cents
Passengers carried 1 mile revenue (qtrly ) mil

102
52
84
36
95

3

2, 872
3
582
3 34
3
189
3
270

2, 307
464
28
147
200

2, 518
474
27
155
258

3 2 , 859
3561
335
3
183
3303

1,972
417
29
130
197

2,045
415
31
136
227

3 13
260
3
81
1,444

15
205
64
1.185

25
183
65
1,331

325
3157
373
3 1, 523

10
55
53
1,081

10
50
51
1, 125

91
99
90
93

91
97
84
95
101
43
87
34
92

93
94
75
98
112
48
81
33
93

92
94
78
96

94
90
84
97
109
50
91
33
96

97
91
89
99
111
50
89
31
101

3

3

128. 6

97
51
81
34
91

2, 360. 1 2,389.9 2 473 7
1, 997. 8 2, 036. 5 2 118 9
154.8
147 0
150 9
1,854.3 1,862.9 1 883 2
324.1
325.6
356 1
181.6
234 4
201 4
143.0
162.9
188 8

105
56
104
31
92

2 398 0
0
035 0
157 1
1 874 1
326 8
197 1
156 1

2, 446. 6
2 084 2
138 6
1 893 5
304 4
948 7
225 1

158 2
1 312
5 225

103 4
1 300
4 315

3

3

2, 645
3512
341
3
196
3267

2, 105
393
34
154
186

2,202
407
35
151
177

32,913
3 542
345
3 190
3208

2, 403
476
38
154
205

2,114
293
35
147
197

310
375
370
1, 473

10
66
54
1,207

10
114
53
1,254

3
12
3271
365
3
1,581

7
224
50
1,248

8
223
48
1,163

97
89
90
106
104
51
93
31
100

94
90
92
103
93
50
88
28
98

95
93
100
99
92
42
123
28
97

96
100
111
100

95
100
128
10?

89
42
104
29
99

94
100
118
98
91
46
85
27
96

r

75
50
87
28
98

2, 362. 4
2, 033. 8
134.7
1,852.3
327.6
182.5
144.2

s 151.6
51.349
54,976

5 158 9
5 1 310
« 4, 624

165 2
1 310
4 695

14, 913
12, 066
2,847

15 698
12, 786
2 842

16 003
13 166
2 837

17 087
13 875
3 212

17, 485
14, 331
3, 154

16 341
13' 486
2 855

16 531
13, 433
3 098

16 686
13,618
3 068

15 454
12' 573
2 881

15, 204
12, 540
2,664

14 503
12, 054
2 449

14, 960
12,319
2,641

thous. Ig. tons .
do

5,490
855

5,454
780

5,460
821

5,924
862

5, 641
837

5 709
1 000

5,925
968

5, 399
722

5 691
708

5,832
613

6,187
906

6,269
965

5,912
866

6,166
1,022

5,902
1,100

Travel
Hotels:
Average sale per occupied room
dollars.
Rooms occupied
% of total
Restaurant soles index
_same mo. 1951=100--

9.35
61
112

9.37
60
109

9.64
62
110

8.75
54
107

9.60
59
104

9 56
63
107

10.24
68
109

9 82
58
101

8 90
47
107

9.09
57
105

9 26
60
109

8.87
59
108

9.86
67
116

9.18
62
119

9.83
64
113

thous
do
do
do
do
do

195
191
125
103
76
2,737

218
216
130
110
88
2,779

230
341
136
126
128
5,082

295
333
155
131
100
7,504

391
283
169
140
78
7,705

271
207
173
134
65
3 278

219
186
144
123
56
2,331

174
146
118
103
40
1,104

158
161
112
116
47
661

173
172
112
87
71
686

179
193
102
88
81
790

218
206
123
101
121
1,000

211
214
148
104
147
1,276

226

135
2,267

thorn "ft

726
12,076

629
10, 477

611
10, 397

845.6
465. 4
289.7
495.7
152.3
73.7

836.3
463.8
280.5
478.2
155.5
72.1

849.5
463.1
295.1
486.8
164.2
72.3

861. 4
465. 6
304.4
495.1
158.1
72.5

844.2
468.0
283.2
489.8
158.2
72.9

879.0
477.3
309.1
523. 4
156.1
73.2

856.8
475.2
286.3
500.5
155.4
73.4

881.8
480.0
308.7
539.8
150. 1
73.7

881.1
481.7
305.3
520.2
154.9
74.0

862. 2
480.6
286.0
501.7
163.4
74.2

892. 1
485. 5
311. 2
530. 9
156. 0
74.5

898.8
489.4
313.0
532.3
165.9
74.9

903 1
490.0
315.7
525.0
167.4
75.1

23, 902
21, 094
1.680

23,516
20 795
1,543

23, 834
21,264
1.348

24, 964
21,275
2, 590

24, 378
20, 700
2.597

25, 452
21,527
2,983

23, 676
20, 603
2,368

25, 550
21, 324
3, 663

24, 449
22, 213
834

23, 283
21,020
872

25, 181
21,715
2,075

24, 876
21,812
1,697

24, 708
22, 181
1,085

3. 065
2,495
219

3,009
2 468
212

3,201
2,575
245

3, 064
2, 697
99

2, 949
2.330
291

3,424
2, 560
509

2, 859
2, 186
370

2 950
2 271
156

3,138
2, 403
361

2, 814
2, 284
98

3, 106
9 986
475

3,012
2 403
245

3, 030
2 317
328

5,077
3 882
982

4,862
3 736
895

5, 117
3 996
974

5,034
3 in
1, 096

5, 069
3. 8°2
1. 015

5, 546
4,028
1,333

5, 525
4, 158
1,195

5, 654
4 339
1, 054

5, 901
4,448
1,222

5, 505
4.274
998

5,752
4, 336
1,192

5, 831
4 951
1, 345

5,774
4 379
1,167

Waterway Traffic
Clearances, vessels In foreign trade:
Total U S ports
thous net tons
Foreign vessels
do
United States vessels
do
Panama Canal:
Total
In Unite<f States vessels

-

Foreign travel:
TT g citizens* Arrivals
Departures
\lienS' Arrivals
Departures
Passports issued and renewed
National parks visits
Pullman Co. (qtrly. avg. or total):
i a> L enj-tr nine (, tfve lie;

147
5,006

112

608
10, 457

600
9 288

598
10 065

161

COMMUNICATIONS
Telephone carriers :
792.6
Operating revenues Q
mil $
440.0
Station revenues
do
270.4
Tolls message
do
468.2
Operating expenses (before taxes)
do
139.6
Net operating income
do
70.8
Phones in service end of year or mo
mil
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. $.. 22,010
20, 197
Operating expenses
incl depreciation
do
0
582
Net operatin " revenues
do
Ocean -cable:
3,013
Opera tin 0 " revenues
do
2,542
Operatin^ expenses
incl depreciation
do
153
Net operatin 0 " revenues
do
Radiotelegraph:
4, 675
Operating revenues
do
3 676
Operatin^
expenses incl depreciation
do
816
Nef operating revenues
do
T
3

2
Revised.
i Annual index.
Number of carriers filing complete reports for 19G2.
Data cover 5 weeks; other periods, 4 weeks. 4 Based on unadjusted data. -Quarterly
average.




t Revisions for 1902 are in the Aug. 1963 SURVEY.
? Includes data not shown separately.

........

SURVEY OF CURRENT BUSINESS
Unless otherwise stated statistics through 1962
and descriptive notes are shown in the 1%3
edition of BUSINESS STATISTICS

1962

1963

S-25
1964

1963

Monthly
average

Tune

July

Aug.

Sept.

Oct.

Nov.

Doc.

Jan.

Feb.

Mar.

Apr.

May

June

July

i

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
1, 233
1,204
1,271
1,103 1,148
1,252
1 154
1,197
1 216
1,120
1 123
1, 145
1 126
1 208
\eetylene
..mil.cu.ft
1 070
Ammonia, synthetic anhydrous (commercial)
484.1 553 8
636.8
659.7
636.7
thous sh tons
528 4
586 9
562 4
650 7
614 8
528 4
607 5
583 8
548 5
537 3
85.3
107 7
85.0
94.9
108. 9
82 8
88.7
80 5
Carbon dioxide liquid gas and solid
do
90 5
76 0
93 9
108 5
101 2
79 2
79 0
459 2
428.6
501 1
480 6
469 9
454 0
469 0
454 4
488 6
469 0
456 0
470 9
453 8
482 0
466 8
Chlorine gas (100% Ch)
do
87.7
104.4
106.0
100.8
Q9 8
87 3
104 1
85 5
86 0
91 2
88 4
94 8
87 2
88 4
87 2
Hydrochloric acid (100% HC1)
do
280.
8
375.
1
306.5
349.
5
349.
7
336.4
372
7
325
5
405
9
402
6
420
5
402
0
287.8
414
6
304 0
Nitric acid (100% HNOs)
do
Oxygen (high purity)
mil. cu. f t _ _ 8,661 10, 768 11.308 10 685 10, 140 10, 439 10 960 10.892 11 744 12,011 12 201 13,367 13,107 13, 402 12, 538
203.9 241.7
259.5
286. 5
280.3
284 8
253 3
2°9 5
238 6
236 6
273 5
261 7
?04 4
253 7
267 9
Phosphoric acid (100%> P2OO
thous sh tons
Sodium carbonate (soda ash), synthetic (58%
383.9
419.5
415.
3
399
6
390.1
435.
1
419
1
399
3
375
2
400
0
400
0
388
0
418
9
381
2
394
5
Na2O)
thous sh tons
10.6
12.3
11.2
11.5
11.7
10.9
11.4
9.3
8.9
10 7
10 5
10 9
Sodium bichromate and chromate
do
11.8
11.0
11.3
453.6
507.
3
534.4
503.7
474.
7
472
4
514
3
487
9
476 8
495 5
473 6
490 2
484 2
497 8
Sodium hydroxide (100% NaOH)
do
497 3
Sodium silicate (soluble silicate glass), anhydrous
46.1
44.5
52.3
46.0
53.7
45 3
52 6
thous sh tons
42 6
45 7
41 4
53 1
36 7
40 9
42 5
51 0
Sodium sulfates (anhydrous, refined; Glauber's
99.5
107.8
100.5
109.
2
116.1
100
9
102
6
95
4
97
6
107
7
106 5
106 3
103 2
108 3
106 1
sal t* crude si 1 1 cake)
thou^ sh tons
1,641 8 1,744 7 1 668 9 1 597 0 1 687 3 1 666 2 1 836 7 1 788 4 1 853 1 1 868 4 1 853 7 1 983 5 2 016 2 1,980 9 1,859.1
Sulfuric acid (100% H.SOO
do
Organic chemicals, production: of
Acetic acid (synthetic and natural)
Acetic anhvdride

mil. lb._
do

82.2
103. 5

mil. gal__

7.6

"DDT
mil Ib
Fthvl acetate (85%)
do
Fthvlene glvcol
do
Formaldehyde (37% HCTTO)
do
Glycerin, refined, all grades:
Production
- _- _.. do
Stocks, end of month
do —
Methanol:
Natural
mil. gal
Synthetic
do
Phthalic anhydride
mil. Ib
ALCOHOL
Fthyl alcohol and spirits:
Production
mil tax gal
Stocks end of month
do
f T 9g( : j fof denaturation
do
Taxable withdrawals
do
Denatured alcohol:
Production
mil wine gal
Consumption (withdrawal^)
do
Stocks end of month
do
FERTILIZERS
Exports total 9
thous sh tons
Nitrogenous materials
do
Phosphate materials
_
-- do
Potash materinls
do

87.4
105.8

87.2
109.7

83.1
107.0

84.7
103.7

72.6
111.6

95.4
104.6

8.2

7.1

8.4

9.1

11.4
8.8
121.8
207. 0

12 8
10. 8
109 1
203.0

13 3
9.4
138 8
°19. 5

11.3
7.4
129.3
237.7

13.0
8.0
116.9
r
225.2

12.0
11.9
138.2
229. 6

92.6
20.5

30 0
22 2

29.1
22.3

26.3
25.4

28.5
27.6

28.5
26.5

23.7
27.7

26. 7
31.1

.1
28. 5
40.9

I
30 8
39 5

1
29.6
37.4

1
29 9
36.7

.1
30.3
44.9

.1
33.9
49.2

.1
34.4
49.9

.1
31.1
48.5

8
9
9
4

54.0
189. 3
46.7
5.7

53.0
184.9
45.3
5.5

8 8

9.0

7.4

8.8

9.2

8.6

8.1

13.9
8.5
119. 5
199.8

14.9
9.2
121.0
212.7

15.6
10.8
114.0
203. 8

17.7
7.9
118.0
190.7

14.8
9.6
127.8
218.3

14.3
8.7
121.4
216.4

14 2
10.0
139 9
234.3

11.4
7.3
P3. 1
226.4

20.8
32.7

24.8
23.8

26.8
25.4

21.5
20.8

25.9
19.1

26.8
15.9

30 2
16.1

.1
28.0
35.6

.1
29 3
39.5

.1
27.6
40.4

.1
26.3
35.6

.1
31.7
37. 1

.1
28.7
41. 4

1
31 4
45.3

52.4
151. 4
42.4
5.3

57. 7
171. 5
44.4
5.3

50.4
170.7
42.7
5.5

58.1
175. 7
42.8
4.8

49.7
177.2
44 0
5.0

61 7
181.7
40 "
5 8

73.5
180. 3
47 5
7 5

22.9
23.0
3.9

23.9
24.0
3.0

23.0
22.9
3.7

23.1
23. 4
3.3

23.8
24.3
2.8

92 0
2.0
2 8

25 6
25. 6
2 8

23 6
24. 5
2 0

602
67
448
71

625
55
487
59

636
39
566
23

720
40
547
76

668
60
513
64

696
43
557
81

670
81
487
83

do
do _.
_ do
do
do

166
18
20
39
36

205
21
20
73
34

147
15
13
24
62

127
13
58
13

232
18
6
75
46

207
19
21
111
14

Potash deliveries (KjO)
do
Superphosphate and other phosphatic fertilizers
(100% P2O5):
Production
.. - - _ _
..thous. sh. tonsStocks end of month
do

197

227

49

150

290

235
425

269
419

239
377

205
428

246
456

Imports, total semimanufactures* 9 _ _
Ammonium n i t r n l e
._
\mmonium sulfote
.
Potassium chloride
Sodium nitrate
_ __ .

8

19

87. 5
106.5
9 5
9.8

4
4
4
4

90.9
121.0

9 &

9

Creosote oil

82.9
109.2

88.5
115.2
2 1
10.6

89.5
106.1

9
9
123
2^0

92.3
111.8

93.4
125. 4

5
5
5
9

56 1
183 0
44 0
4 7

24 5
93 8
3 3

?6 6
26.4
3 9

23 7
23 1
3 7

23 9
24.7
9
9

'25.1
24.8
3.1

23.8
23.5
3.4

701
64
517
88

693
66
524
66

692

668
39
534
59

704
68
495
94

584
55
468
33

684
63
529
50

827
47
660
60

244
21
27
qg
31

188
27
11
52
35

900
20
11
65
39

9

55
20
14
117
32

253
16
99
93
30

9

29

376
19
43
150
63

173
17
11
65
22

180
11
7
34
50

161

°58

162

189

374

933

369

424

254

247
441

291
446

282
462

294
490

304
459

327
443

336
383

337
249

307
249

9

58
169
43
5

7
8
q
8

58
177
45
4

9
3
5
3

60
179.
49
4

94.0
101.6

98

458
100

53
188
43
5

92
17
36
196

273
346

MISCELLANEOUS PRODUCTS
Fxplosives (industrial), shipments, quarterly:
1306
i 284
164
Black blasting powder.. .
thous. Ib
!277,199 i 301,665 315,789
High explosives
do
Paints, varnish, and lacquer, factory shipments:
152. 7 - 157.5
178.8
Total shipments
_
mil $
89.8
- 93.8
Trade products
do
110.5
62.9
63.7
68 3
Industrial finishes
do
Sulfur, native (Fraseh) and recovered:
3
M90
486
504
Production. _.
thous. Ig. tons..
4,832
4,875
Stocks (producers') end ofmonth
__ do
4,955
PLASTICS AND RESIN MATERIALS
Production:
13.2
13.0
12.7
Cellulose plastic materials
mil Ib
Thermosetting resins:
345.7
50.0
46.5
Alkyd resins
_ __ do
Coumarone-indene and petroleum polymer
3
29. 0
25.8
21.0
resins
mil. Ib
3
21.4
17. 7
21.3
Polyester resins
_
do
3
57. 5
60.5
61.0
Phenolic and other tar acid resins
do
3
40. 7
42.6
42 2
Urea and melamine resins
_ do
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
128.1
124.3
mil. lb_. 3 106. 2
149.9
3 130. 5
Vinyl resins (resin content basis)
__ d o _ _
149.3
168.0
188.2
187.0
Polyethylene
_ __
_ _ _ _ _ do_

423
321,379

195
334 018

141
262, 470

177. 0
111.8
65 2

176. 6
112.2
64 4

160 3
97 1
63 9

171 1
100 2
70 9

138. 9
77.0
61 9

117.7
61 0
56 7

138.8
75 5
63 3

1-12. 5
80. 6
61.9

165.2
97.1
68. 1

186.0
112.2
73.8

188.5
115 0
73 5

490
4, 931

476
4.880

473
4,844

491
4 743

484
4,763

495
4 760

500
4,780

499
4,786

499
4,720

513
4, 686

531
4, 676

10.9

12.1

12. 8

14.0

13.8

12.1

11.6

13 0

15 2

46.8

47.7

43.3

47.2

40.5

37.7

44.4

44.0

48 5

21.2
19.6
50.0
35.0

27.0
21.6
63. 0
41.2

25.5
21 2
62.8
42.2

30.2
23.9
69.6
48.5

24.9
21.2
62.0
41.5

25.9
20.4
61.7
38.0

26.0
22.7
66.3
42.8

25.0
23.9
64.0
39.6

27 6
25.4
72.6
43. 1

114.3
134.0
189.8

126.6
153.7
189.3

130.1
156. 5
183.3

136. 5
168.3
202.4

133.2
160.5
200.0

127.8
153.0
210.1

132.3
150.5
210.8

136.6
158.3
2C8. 7

146. 3
173.3
210.1

r
Revised. * Quarterly average. 2 Beginning Jan. 1963, the estimated totals are based
on a new and larger sample and reflect improved estimating methods, which affect comparability with data for earlier periods; Oct.-Dec.
1962 estimated totals on the new basis appear
3
on p. S-25 of the Feb. 1964 SURVEY.
Based on annual total containing revisions not
distributed by months.




323
322 968

13 9

12 4

49 0

47 9

29 8
27.2
71.5
45 9

26 2
27 0
67. 4
43 3

144.7
174.4
217.8

149.7
176. 7
226 6

r

r

197.8
119.5
78 3

c^Data are reported on the basis of 100% content of the specified material unless otherwise
indicated.
9 Includes data not shown separately.
*New series. Data exclude some materials (chiefly crudes) shown in the former series.
Monthly data prior to Jan. 1963 may be obtained from Bu. of Census reports.

SURVEY OF CURRENT BUSINESS

S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

1963

Monthly
average

June

Aug.

July

1%-f

Sept.

Oct.

Nov.

Dec.

Tan.

Feb.

Mar.

i
! Apr.

May

j
i Turn-

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total O
mil. kw.-br_. 78. 624
71,026
Electric utilities, total
do
57, 003
By fuels
do
14, 024
P>y waterpower
do

83, 991
76, 167
62, 379
13, 788

S3, 665
75, 731
61 756
13. 975

88, 703
81.000
66 8 l) 7
14 173

89, 861
81 973
68 440
13 533

82. 892
75.156
63 144

do
do

57, 725
13,301

62, 095
14. 073

62. 045
13. 686

66, 287
14,713

67. 161
14 812

do
do

7,597
7,313
284

7,824
7, 555
270

7, 935
7 653
281

7, 703
7 474
229

7 887
7 665

Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments total
Rv fuels
Sales 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
Oth^r public authorities
Interdepartmental

84. 845
76. 71°
64 491

82, 437
74, 474
61 769
12 705

90, 302
82, 260
67 653
14 607

90. 642
82, 328
67 834
14 495

84, 613
76, 701
6° 906
13 795

87, 987
79, 595
63 652
15 942

84,534 i 87, 22 (i
76, 392 78, 894
60 099 63 031
16 301 15 863

90, 585
82, 294
68 341
13 953

61, 769
13 387

63. 181
13. 531

60, 837
13, 637

66, 459
15,802

67, 024
15 304

62, 143
14 558

64, 596
14,999

62. 204
14 1«8

64, 155
14 739

67. 960
14, 334

7 735
7 533
9p.o

8,133
7 917
215

7, 963
7 722
241

8,042
7 770
272

8 313
8 019
294

7,912
7 69l
291

8, 392
8 075
317

8 142
7 807
335

8 332
8 (P7
305

8, 292
8 045
946

75, 196

72, 724

72, 692

71 549

71,065

19 019

909

64, 674

69, 234

67, 803

70, 509

73,018

72. 079

69, 51 6

68, 309

71 364

do__ _ 12, 008
31, 160
- -do

13. 387
32. 856

13. 503
33, 304

14.938
33. 081

15 639
33. 871

15. 097
33. 790

13,706
34, 279

13, 095
33, 463

14.093 H4, 165 114,061 U4, 121
32. 593 132, 993 1 32, 330 133,330

393
do_ _.
18. 868
do
612
do
do_ _ _ 1.529
104
do

389
20.141
646
1,683
133

346
18 304
541
1.647
157

351
19 75°
551
1.673
163

358
90 fi90
591
1 707
161

348
0 356
631
1,706

373
18 553
691
1.776
138

378
18 793
735
1,719
126

452
21 630
773
1,716
108

do

-

9

159

9

439
4 939
780
1,769
118

436
23 295
711
1 , 774
118

409
22. 301
693
1,707
130

!

14 034 i 14 327
33 643 i 34, 459
384
9Q qg°
' 641
1 79]
143

368
19 431
613
1,712
156

Revenue from sales to ultimate customers (Edison
9
Flectric Institute)
m i l . $ _ . 1,085.4 1, 141.4 1,1 1 6 1 167 3 1 ''(10 7 1 187 8 1 136 9 1 119 0 1, 161. 7 1 °17 9 1 184 5 1.169.0 1 153 0 1 145. 9

GAS
Manufactured and mixed gas (quarterly) reft
Customers end of quarter total 9
thous
Rp<?idential
do
Industrial and commercial
do
Bales to consumers total 9
Residential
Industrial and commercial

1 922
1.800
122

1.533
1.432
100

1,839
1,724
114

530
370
157

502
346
153

441
285
153

67.3
51.3
15.7

60.9
46,1
14.6

thous.- 32, 674
do _- 30,014
2, 624
do

33, 893
31,128

mil. therms-- 25. 045
8. 466
do
15.321
do

mil therms
do
do

Revenue from sales to consumers, total 9
Residential
Industrial and commercial
Natural gas (quarterly) :d" t
Customers end of quarter total 9
Residential
Industrial and commercial
Sales to consumers, total9
Residential
Industrial and commercial

-

mil. $_.
do _.
do

1 197
1 114
83

1 196
1 111
84

914

494

100
112

145

56. 9
42.3
14. 5

26. 6
16.9
9.6

47 8
34. 7
12 9

9 797

33, 336
30,628
2, 671

33, 989
31,286
2 666

34, 799
31, 929
2, 832

26, 321
8.748
16, 263

23, 964
6,924
15, 982

19, 504
2. 966
15,297

25, 866
8, 097
16, 465

1,002.5
401. 7
561. 8

1,596.5
848. 6
702. 5

Revenue from sales to consumers, total9-.mil. $. 1,541.3 1,613.2 1, 417. 6
880.3
733.4
847.7
Residential
_ _
-- do
687.5
648.1
Industrial and commercial
do. __ 651.0

i
i

FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8.07
Production
mil. bbl._
7.60
Taxable withdrawals
do
10.46
Stocks end of month
do
Distilled spirits (total):
Production
-- mil. tax gal-- 12.90
Consumption, apparent, for beverage purposes
mil. wine gal_. 21. 14
Taxable withdrawals
mil. tax gal-- 10.27
882. 72
Stocks, end of month
_ _
do
3.60
Imports
mil. proof gal-Whisky:
9.41
Production
--- .-mil. tax gal-7.18
Taxable withdrawals
do
859. 13
Stocks, end of month
do
Imports
_- mil. proof gal- 3.18

8.39
7.82
10.76

9.67
8.81
11.77

10.83
10. 22

11.70

9.38
9.26
11.18

7.31
7.05
9 67

7 63
6 74
10 08

7.50
6.42
10 68

10.79

6.82

8.52

9.42

15. 99

13. 39

14. 18

13.89

13 51

14 06

19.98
9.25
878. 48
3.49

20.12
10.02
874. 49
3.35

19.46
11.11
869. 81
3. 94

24.45
14. 57
867. 44
5.71

25. 89
11.36
865. 87
5.37

30. 92
8. 56
870. (X)
4.87

18.49
9.34
871 77
3.03

18.43
9.53
873 19
3.07

21.84
10. 51
874 44
3.62

8.74
7.08
852. 54
3.35

7.06
6.78
859. 77
2.90

3. 40
5. 63
855. 34
2. 99

5. 06
6. 46
851. 80
2 92

5. 80
8. 02
846. 88
3.38

10. 13
10. 85
843.02
5.04

8 49
8. 38
840. 03
4. S3

9 99
5. 91
842. 40
4.19

10.38
6.46
844. 01
1.57

10 97
6. 73
854. 14
1 77

7.24
5.19

7.37
5. 23

6. 23
4 42

6.73
4 62

7.74
5 68

10.88
8 35

8.15
6 24

5.87
4 15

6.35
4 33

30
31
3. 29
05

34
39
3. 21
09

45
54
3.07
18

37
57
2. 86
14

44
59
2.65
15

45 43
12.52
155. 87
1.07

108 68
15. 56
246. 45
1.92

91 47
14.07
249. 05
1 47

118.07

202. 64

70. 11

16 85
13. 11
185. 04
1.11

1 84
12.77
142. 45
1.00

9. 57
131 11
1.00

3 04
12. 84
120. 84
97

31.27

39.39

11. 87

8.38

9. 98

9

1

99

3.28
05
9 01

Revised.
i Not directly comparable with data through 1963. Comparable figures for
Jun.-May 1963, respectively (mil. kw.-hr.): Small light and power—12,609; 12,535; 12,617;
12,577; 12, 889; large—31,105; 30.442; 31,440; 31,753; 32, 496.
O Revisions for Jari.-Dec. 1962 appear on p. 24 of the Mar. 1964 S U R V E Y .

9 63
8 49
11 82

8 95
7 80
11 30

20.24
10. 76
883. 31
3.26

54
.31
3. 31
06




6.85
6.73
9 85

21. 58
10. 34
876. 90
3.82

40
.35
3.00
09

Distilling materials produced at wineries___do

7.93
7.95
10 19

12. 50

Rectified spirits and wines, production, total
7.20
mil. proof gal- Whisky
do -.
5.33
Wines and distilling materials:
K (fervescent wines:
.37
Production
mil. wine gal
.32
Taxable withdrawals
. _ _ _
do _ _
Stocks, end of month
do
2.79
Imports
do
09
Still wines:
15. 78
Production
_ _ _ _ _ _ _ _ _ _ _
do
12. 52
Taxable withdrawals
do
178. 86
Stocks, end of month
do
Imports
~~
do
1.08

r

7.42
7.37
10.72

9 28
8 73
11 77

r 14 51

13 64

21. 08
11. 46
874 54
3.84

22 27
10.91
874 97
3.71

4.16

10 36
7. 05
846. 910
3 3

10 95
7.50
846.91
3 49

9 70
7.05
846. 76
1 48

3 71

6.27
4 51

7.24
5 18

7. 85
5 68

7.38
5 16

43
34
2.71
06

48
27
2.88
06

63
34
3i 14
08

53
33
3.31
08

38
36
3' 30
09

09

4 76
13. 71
229. 08
1 18

9 73
13.57
213. 89
79

9 97
13! 76
201. 61
1 57

3 40
15.96
185.83
1 10

9 19
13' 80
175. 68
90

1 81
12. 86
164, 18
1 16

1 91

18.48

5.10

8.38

6. 15

1.79

1.51

r

cfThe averages shown for gas are quarterly averages.
JRevised data for 1st and 2<1 qtrs. of 1962 appear in the Sept. 1963 SURVEY.
9 Includes data not shown separately.

SURVEY OF CURRENT BUSINESS

August T!)(i4
1962
Unless otherwise stated statistics through 1962
and descriptive notes are shown in the 1963

1963

1963

1961
i
Nov. 1
1

AT^TltVll-TT

edition of BUSINESS STATISTICS

j

S-27

June

"average^

July

Aug.

Oct.

Sept.

Jan.

Hec.

Feb.

Mar.

Apr.

May

June

July

-139 4
191.0
.586

- 142 7
195 7
.586

- 153 5
203 5
.587

142 9
- 234 Q
.587

240 1
.591

r

145. 8
96. 5

- 151.8
- 106. 5

- 176. 4
- 128. 3

175 3
128. 1

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
- 128. 1
Production1 (factory) f
niil Ih
363.4
Stocks eo d storage end of month
do
.594
Price, wholesale, 92-score (N.Y.)
$ per lb._
Cheese:
Production (factory) totalj
mil. lb__ 132.1
91.1
American whole milkj
__do_
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:t
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do _
Stocks, manufacturers', case goods, end of mp.:
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened)
- do
Evaporated (unsweetened)
do

r 118. 3

328.4
.590

T

142.6
401.4
.586

r

114 1
392. 6
.587

* 95 2
367.0
.590

T

85 5
328.7
.603

-91.8
284. 5
. 596

-91.9 -111 6 - 128 8 -123 5
241.3
191.2
207. 0
187. 1
.593
. 593
. 587
.587

- 93. 6

176. 6
r 129.9

150.5
111.7

139. 8
99.7

127. 0
86.6

122.5
81.6

115. 7
73.7

124. 5
78.3

- 125.9
-82.4

124.0
-81.4

463. 4
420.4
6.5

385. 0
344.9
6.9

416. 0
373. 9
6.6

439. 9
394. 8

435.2
390. 6

3.8

407. 9
363. 9
5.1

378. 2
336. 9
7.5

363. 3
323. 7
9.7

340. 7
301.6
8.4

318.1
279.2
6.6

301.6
263. 7
4.6

301.7
264. 0
8.5

323. 1
284 0
6.4

352. 2
309 7
7.0

-331.8
- 339 •>
5.4

4"5. 4
359 0

.400

.426

.423

.427

.428

.428

.432

.432

.432

.430

.430

.422

.420

. 420

.421

.428

6.6
6.1
160 .7 - 158. 1

7.7

'9.2
- 184. 4

9.6
^ 175. 2

6.9
140. 3

-3.9
-129.7

4.0

- 208. 1

- 7.0
-133.9

6 0
- 140. 3

6 7
10 7
- 150. 0 - 160. 8

10 0
- 208 5

2()9 0

7.8

9.0

6.2
231.8

5. 7
199.8

150.8

5.8
131.7

5.9
96.8

6.1
82.6

7.3
69. 7

9. 1
82. 6

10 0
147. 6

9 6
208 9

5.9
10.0

7.9
3.3

.3
3.8

7.0
2.9

3.3
2.5

3.0
3.1

3.4
2.4

5.2
3.0

8.6
2 7

5 4
3.0

- 136. 1

5.7

5.0
178.4

6.6
162. 9

194.2

223. 5

10.4
243. 1

4.0
5.5

5.0
5.2

10.7

7.0

5.2
4.5

9.3
3.3

r

r

122 2

6.5

r

5.6
141.5

6.01
6.11
6.02
5.99
6.00
6.00
6. 00
6.00
5. 98
5. 98
6.00
6. 00
5. 96
5.94
5.93
Evaporated (unsweetened)
$ per case..
"Fluid milk:
10,
399
10,502
11.841
9,
205
9,
557
10,
861
10,
130
9.
842
9,
558
10,
066
11,007
9,
706
11,346
12,
330 - 1 1 , 790
Production on farms
mil.lb__
r
r
r
5,216
5, 099
6, 471 * 5, 635
4, 983 - 4, 183 - 4, 148 - 3. 900 - 4, 399 - 4, 922 -4,917 - 5, 655 - 5, 904 ' 6 613 6 528
TTtili/ation in mfd dairy productsd"
do
4.10
4.10
3.72
4.48
3.91
4. 43
4.12
4.29
3. 94
4.08
4.34
4.25
4. 42
3.82
-3.78
Price wholesale U S average
$ per 100 lb__
Drv milk:
Production:!
r
6.6
7.6
-7. 6
- 6. 7
-7.1
-7.4
'• 7. 6
6.6
-7.3
'8.1
-6.3
- 7.6
- 7.8
-7 4
6 6
Prv whole milk
mil. l b _ _
185.5 ' 174. 7 - 239. 7 r 182. 4 r 144. 8 -119.4 -121.4 - 128.2 r 158.3 - 176. 9 - 181.0 - 206. 7 -217.7 - 250. 2 235. 6
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of month:
6.3
5. 7
5.3
6.5
5.0
5 5
6 6
5.8
6.5
4.8
6.1
7. 5
f>. 3
7. 1
0.4
F>rv whole milk
_ do__ _
123. 4
95. 0
136. 5
63. 0
64.3
115. 9
97.6
86. 1
99.3
82. 1
81.5
80.9
104.6
130 6
r'8 6
Nonfat dry milk (human food)
-do
Exports:
2.5
1.1
1.6
2.0
.8
.8
(>
1.7
4.7
2.6
2.9
.8
2.1
1. 1
1 3
T)rv whole milk
- do_
44.6
25.5
53. 6
50.6
41.9
48.4
39.2
48.7
27.4
37.9
38. 0
88.6
61. 0
107 1
119 4
Nonfat drv milk (human food)
_ _ do
Price, manufacturers' average selling, nonfat dry
.144
.148
.144
.144
.144
.146
.144
.144
.144
.146
.146
.146
.146
. 146
.146
milk (human food)
- $ per Ib .
GRAIN AND GRAIN PRODUCTS
103.4
96.9
125.6
100.5
115.6
98.2
112 5
92. 7
130. 7
123.4
84.6
123. 8
126.6
96 6
129 7
Exports (barlev corn oats rve wheat)
mil. bu_.

Barlev:

* 436. 4 i 399. 9

Stocks (domestic) end of Quarter total
do
On farms
do
Off farms
do
Exports including malt§
do.- Prices, wholesale (Minneapolis):
No 2 malting
$perbu_No 3 straight
do. _Corn:
Production (crop estimate, grain onlv) mil. bii-•Grlndings wet process - _
do
Stocks (domestic), end of quarter, total

mil bu
On farms
do
Off farms
do
Exports, including meal and
flour
do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu_.
Weighted avg., 5 markets, all grades
do

Oats:
Production (crop estimate)

_ _ m i l . hu_

Stocks (domestic), end of quarter, total . do_ _.
On farms
_
do
Off farms
__. _ . __do
lExports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago) t
Iperbu-.
Hice:
Production (crop estimate)
mil. bags 9 -(California mills:
Receipts, domestic, rough _
mil Ib
Shipments from mills, milled rice
do
Stocks, rough and cleaned (cleaned basis) , end
of month
mil. lb_.
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers
mil. lb_Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of month
mil l b _ _
Exports
do
•Price, wholesale, Nato, No. 2 (N.O.)
$ per lb_.

2
2
2

8.3

2 284. 0
2 165. 0
2119.0
4.8

3 146. 8
367.6
379.3

5.3

1.7

1.26
1.20

1.19
1.11

1.24
1.14

1.14
1.05

4, 082
15.4

15.5

16.7

2
2

2 929
1, 807
21,122
35.5

1.11
1.08
1

1

r1

2

2. 705
21,779
2 926
36. 6

2, 115
1,386

43.1

35.6

1.24
1.20

1.29
1.25

1.32
1.26

4.2

426 0
262. 6
163 4
5. 5

4.8

1.11
1.02

1.18
1.09

1.22
1.14

16.4

15.3

16.8

7. 7

329 5
199. 1
130 4
5.8

5.5

1.21
1.11

1.18
1.09

1.18
1.10

16.7

14.4

15.9

3 I 316

26.6

3 514
3 801
27.8

33.5

1.32
1. 25

1.35
1.26

1.18
1.19

729

6.7

- 231 0
129.2
- 1 01 8
2.9

5.6

12 6

1.16
1.09

1.18
1.10

1.22
1.14

1 ?3
1 16

1 19
1 11

15.9

17.4

16.5

17 ?

17 0

- 132 7
'-' 59 7
3 73 1

9

55. 7

4 353
3 217
1 136
54.7

46.8

1.15
1.16

1.19
1.19

1.22
1.20

33.5

3 64
2 254
1 010
33.5

42.4

1.19
1.18

1.21
1.21

1.24
1.24

2

1 is
1 08
«3 885

15 *>

'-M C^

1 479
866
35 4

9g

1.28
1.27

1 . 2f>
1.24

f)

1, 020

i 981

2

628
2 553

274

2621
2 545
276

3274
3
232
3
43

2.5

.9

1.0

1.6

1.2

8

.6

9

2

.2

.2

1

.3

7

g

.71

.73

.72

.68

.68

.71

.71

.72

.74

.75

.71

.68

.68

.66

. 66

9

06
89

138
187

141
89

163
1«4

103
109

49

1.22
1.21
" 910

946
«33
113

- 517
446
72

773
688
85

3 31 ^
3 9r)9
3 f,3

66. ()

' 70.1

126
79

J22
85

83
53

59
52

66
54

61
45

271
62

81
48

70
84

97

132

103

90

78

75

192

200

168

232

143

170

105

69

74

364
255

438
270

62
234

115
218

836
231

1. 079
332

1, 113
357

377
264

295
329

329
379

192
386

123

148
494

71
428

58
372

866
193
.094

957
220
. 093

388
101
.095

255
245
. 095

570
97
.090

1.340
87
.087

1,235
197
.088

1,710
•'03
.088

1. 592
357
.088

] . 447
314
. 088

1. 197
419 I
.088

931
3,-^
. 088

746
4 00
.088

531

355

. 088

p. 088

. 65
a 79 4

3Rye:
1
i 40.8
29. 4
Production (crop estimate) _ _
_ mil bu
3
Stocks (domestic), end of quarter, total
do
2 19. 9 215.0
0. 9
1.30
Price, wholesale, No. 2 (Minneapolis). _ _ $ per bu..
1.22
~"l.~21~
1.22~
r
Revised.
*> Preliminary.
1
Crop estimate for the year.
* Quarterly average.
3
Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn).
^Revisions arc available upon request as follows: Jan. 1961-June 1962 and Jan.-May 1963
for cheese and nonfat dry milk; Jan .-June 1962 and Jan.-May 1963 for butter and condensed,
«vaporated. and dry whole milk.




3 94

" 387 7

284 8
160. 8
124.0

1 3, 637
14.3

10 824

a
34.4
"~i6~8~
"""a" 5." 3"
-----1.4~4~
"i.~48 ~~T38~
1.34 ~~"l.~32~
1.28 .
1.19
cf Revised series; data reflect inclusion of creamed cottage cheese and frozen products
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-fi2 (revised
series) appear 011 p. 24 of the Mar. 1964 SURVEY.
§ Excludes a small amount of pearl barley.
t Revised scries (for No. 2; formerly, for No. 3).
9Bags of 100 Ib. "Aug. 1 estimate of 1964 crop.

•
23. 1
1.42 ~"I.~45~

14.8
1.42

SURVEY OF CURRENT BUSINESS

S-28
1902

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

ISXiJ

19(14

1963

June

July

Sept.

Aug.

Oct.

Xov.

Dec.

Jan.

Eeb.

Alar.

May

Apr.

June i July
!

i

FOOD AND KINDRED PRODUCTS; TOBACCO— Continued
GRAIN AND GRAIN PRODUCTS— Con.
YVheflt:
Production (crop estimate) , total

Wi t ^ h V —
distribution fouarterlv total)
Stocks (domestic), end of quarter, total
Off farms
Fxports total including

flour

mil. bu.. i 1,094
i 273
i 821
do
2316
do

i 1,
138
1
233
1
905
2337

« 1,285
a
273
* 1,012
410

300

1, 205
153
1, 052

3 900
s 75
3825

311

39°

329

2 259

3 1, 195
395
3
1, 100

1, 941
409
1.533

1, 613
309
1,304

59.7
53.3

49.1
39.1

55.4
51.4

52.1
47.6

58. 1
52.2

75. 5
70.4

01.0
55. 1

68.9
60. 0

*70. 5
66.0

71.5
65.6

86.6
81.5

78.0
70.7

79.5
72.1

60. 0
54.8

2 42
2' 20
2.33

2.50
2.03
2.18

2.31
2.01
2.12

2.26
2.03
2.19

2.36
2.09
2.29

2.43
2. 20
2.37

2.39
2.21
2.34

2.37
2.23
2.31

2.37
2.24
2.31

2.32
2.23
2 27

2.25
2.17
2.19

2.34
2.26
2.26

2.35
2.13
2.26

2.38
1.53
1.58

21, 991
r 92. 6
M07
49, 976

20, 421
93.6
377
46, 520

21,687
90.4
398
49,215

22, 886
95.3
425
51.990

21, 409
97.9
400
48, 798

24. 649
98.0
»• 459
56, 105

22 220
101. 0
412
50, 558

21, 399
91.8
393
48, 599

23, 519
97.5
433
53, 494

21. 218
96.8
390
47, 872

21, 956
90.0
400
49, 640

22. 241
91.2
411
50, 226

21,961
94.3
409
49, 890

27, 057
110. 6
507
01,557

24, 710
2,808

4 383
4, 330

1,702

1,937

4 516
2, 570

2, 232

2, 550

4 823
3,878

1,912

2, 527

5 843
2, 183

3,127

3, 191

5, 354
2, 249

5.639
5. 365

5. 050
5. 233

5. 388
4.967

5.013
4.900

5. 550
5. 283

5. 725
5. 467

5. 738
5. 450

5. 538
5.233

5.538
5.250

5. 563
5.300

5. 313
5. 150

5. 600
5.400

415
1, 695
1,225
595

378
1. 805
1,173
551

282
1,752
997
294

341
1 . 838
1, 185
342

300
1,900
1,107
408

395
1, 829
1.2S7
717

402
2, 092
1.592
1,281

385
1,793
1,283
1,133

400
1,808
1, 205
578

412
2,013
1,189
525

342
1,710
909
319

400
1,878
1,141
384

379
2,045
1,139
355

27.20
24.53
29.75

23. 79
22. 95
30. 00

22. 54
22.74
28. 00

24. 50
23. 19
27. 00

24.47
23. 07
27. 50

23.80
22 71
28.' 50

23.97
22. 38
27.50

23.38
21. 53
30. 50

22.10
20. 00
30. 50

22. 38
21.17
31.50

21.18
21.57
34. 00

21.38
21.42
31.50

21.03
20.91
26. 50

5,648
1, 650

5, 965
1, 646

4,880
1,411

4,995
1, 405

5,174
1,393

5, 868
1,573

6,775
1,846

6, 380
1, 726

6, 095
1,874

6, 956
1,828

5,898
1,511

6 420
1,635

6,481
1,681

5, 476
1,460

5, 038
1,443

* 1,405

16.44

15.03

16. 30

17.20

10.00

15.53

15.29

14. 39

13. 70

14.22

14.37

14.22

13.89

14. 46

15.22

15.88

16.4

13.6

13.9

14.4

13.9

12.7

14.1

13.9

12.0

13.2

13.2

12.7

12.3

12.3

12.8

1,224
524
224

1, 163
444
200

972
350
115

1,201
470
122

1,204
442
223

1,236
601
428

1,441
040
457

1,112
419
213

1,105
400
122

1,296
394
146

980
294
143

1, 035
304
133

1,052
319
171

980
289
215

1, 050
337
154

19.45
18.69
15. 57 « 17.46

20.00
19.74

16. 50
17.80

10. 50
10.84

18.75
16.84

18.25
16. 52

18.88
16.44

19. 38

19. 50

21.12

22 ^5

22. 25

24.00

23.75
C5)

2,151

2. 292

2,078

2, 150

2,187

2,245

2, 582

2, 360

2,450

2, 662

2, 252

2,447

2,575

2, 406

2, 404

481
42
109

592
45
122

623
42
105

579
38
144

42
142

523
47
144

541
58
132

023
02
112

053
49
121

729
00
119

773
50
73

810
53
101

872
47
89

873
63
70

2

do.... 2 1,2 713
259
2 1, 453
*^

49.2
43.0

d*o

r

Prices, wholesale:
„ x
No 1, dark northern spring (Minneapolis)
2.48
$ per bu..
2.19
Vo.2.hd.anddk.hd.winter(Kans. City) -do
2.41
Weighted a vg 6 markets all grades
do
VTHeat flour:
Production:
,, x
Flour
.thous. sacks (100 Ib.).. 21, 839
92.4
406
Offal
'
thous. sh tons..
49,
613
Orindin?s of wheat
- thous. b u _ _
Stocks held by mills, end of quarter
a
4,
584
thous sacks (100 Ib )
2,686
Prices, wholesale:
Spr'ms? standard patent (Minneapolis)
$per 100 lb_. 5. 909
5.621
Winter hard Qr>^ patent (T^ans City") do

T

1.563

r

r

r

1. 70
1.55
1.59

«•r 5. 478 p 5. 785
5. 250 p 5. 334

LIVESTOCK
Cattle and calves:
Sin nearer (federally inspected) :
Calves
thous animals..
C strip
^^
Pppplpf 9 (salable) at 27 public markets
do. _.
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
"Reef stoers (Chicago)
$ PPF 100 lb_ _
Steers, stocker and feeder (Kansas C i t y ) - _ d o _ _ .
Calves, vealers (Natl. Stockyards, Til.).- do...
Slaurhter rfederally inspected) ....thous animals.
Receipts (salable) at 27 public markets
do
Prices:
Wholesale, average, all grades (Chicago)
$per!001b._
TTo<?-eorn price ratio (bu. of corn equal in value
to 100 Ib live hog)
- Sheep and lambs:
Slaughter (federally inspected). -..thous animals.
Receipts (salable) at 27 public markets
do
Shipments feeder to 8 corn -belt States
do
Prices, wholesale:
T ambs average (Chicago)
$ per 100 Ib
Lambs, feeder, good and choice (Omaha).do

5

321
2, 070
1,0^2
322

r

338
2, 207
1, 257 ~~M~201
200

20. 29
21.37
19.24
18.92
27. 50 p 23. 5!)

23.15
18.81

14,4
* 343

23.38

MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in), inspected
slaughter
mil.lb
Stocks (excluding lard), cold storage, end of
month
mil. Ib
Exports (meat and meat preparations) t
do
Imports (meat and meat preparations)! — do

r

833
56
126

Beef and veal:
Production, inspected slaughter .
..do,.. 1, 046. 6 1,137.4 1,112.8 1. 150.0 1,187.3 1, 130. 8 1,291.2 1,117.8 1,137.9 1, 292. 8 1,119.3 1,220.2 1,314.8 1.319.6 1,r 384. 8
217.2
279. 5
246. 1
282.1
197.3
287.6
208.8
297.5
276. 3
228. 2
201. 0
284. 5
Stocks, cold storage, end of month
do.. _ 163. 5
300. 4
2.3
2.3
2. 9
2.1
3.2
3.5
2 7
2.8
1.7
2.4
1.9
3.9
5. 0
2.5
"Kx ports
do
92.0
79.0
1 1?)'. 7
89.8
105. 7
122. 0
78.0
90. 6
89.3
51.9
60.4
110.1
99. 6
71.4
Imports
do
53.' 1
Price, wholesale, beef, fresh, steer carcasses, choice
.417
.464
.404
.402
. 391
.417
. 422
.381
.420
. 420
.398
.379
.372
.378
.384
(600-700 Ibs.) (New York)
Sper lb_
Lamb and mutton:
57.9
55.
6
44.6
52.5
55.
7
67.3
57.4
53.2
49.0
55.
0
63.9
52. 5
53.6
Production, inspected slaughter
mil. Ib
48 2
48. 3
19.5
14.3
17.2
19.8
18.6
18.4
19.8
18.3
16.3
17.8
18.0
19.9
Stocks, cold storage, end of month
. . do
18.3
10.4
' 18. 2
Pork (includinglard), production, inspected slaugh1,046.5 1, 099. 0
943. 5 1,050.6 1, 223. 4 1,195.7 1,259.2 1,305.6 1, 082. 8 1,174.7 1, 206. 5 1, 038. 1
920.4
944.2
ter
mil Ib
970. 9
Pork (excluding lard):
856. 6
806.0
939.2
708.0
959.3
735. 3
731.4
Production, Inspected slaughter.
. _ do
854.4
823. 7
987.4 1,017.1
914.5
940.9
798. 4
743. 6
279.2
235.9
322.5
250. 2
208.9
220.0
274.0
276.7
382.3
210. 4
Stocks, cold storage, end of month
..do
332.8
411.2
473.6
408. 8 -412.9
5.3
11.5
14.4
6.5
15.1
9.7
22.9
8.1
11.5
Fxports
_ _ _ _ _
d o
16.5
18. 5
13.0
10.9
12.9
13.5
17.6
17.0
19.1
14.3
14.5
14.8
10.2
16.7
20.0
Imports
. . . - . - - - - - ...do
18.6
14.8
16.3
17. 0
19.7
18.0
Prices, wholesale:
.464
.458
.472
.488
.478
. 463
. 405
Hams, smoked, composite
$ perlb.. 7.491
.457
.480
.452
.458
.435
p. 448
.423
.475
.443
.495
.427
.470
Fresh loins, 8-1 2 Ib. average (New York) .do
.417
.401
.498
.478
.438
.413
.401
.409
. 395
.461
Lard :
175.3
Production, inspected slaughter
. . mil.lb
176.4
191. 3
155.3
151.3
187.1
105. 1
155. 0
198.4
209.4
173. 0
189.1
193.0
175. 7
165.7
98.9
123.1
Stocks, dry and cold storage, end of mo
do.
136. 3
92.4
75.2
81.2
113.9
88.3
119.4
105.7
124.9
113. 6
116.3 r 125. 2
95.2
35.2
35.2
44.8
24.2
Exports
_- __ - do -.
47.6
53.2
52.4
62.7
64.8
32.7
52. 3
51.6
91.1
72.8 1 51.9
.122
Price, wholesale, refined (Chicago")
$ per l b _ _
.125
.118
.115
.125
.143
.131
.123
.125
.128
.131
.126
.130
p. 131
.130
r
Revised.
*> Preliminary.
1
2
Crop estimate for the year.
Quarterly average.
8
Old crop only; new grain not reported until beginning of new crop year (July for wheat).
* Beginning Jan. 1964, flour included in total is converted to grain equivalent on basis of
2.33 bu. of wheat to 100 Ib. of flour (2.3 bu. formerly used).
5
6
Average based on months for which quotations are available.
No quotation.
Cattle, etc., 1,154; hogs, 1,461; sheep, etc., 463




722

284. 7

. 408

10.9

325. 0

.503

SURVEY OF CURRENT BUSINESS

August l!Mi4

S-29

... - .
Unless otherwise stated, statistics through 19G2
and descriptive notes are shown in t he 1963
edition of BUSINESS STATISTICS

19G2

.Monthly
average

19G4

19G3

19(53

Juno

July

Aug.

Sept.

Oct.

! Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil 11")
Stocks, cold storage (fro/en), end of month, total
mil.lbTurkcys
do
Price, in Georgia producing area, live broilers
$ per l b _ _
5ggs:
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,_-

578

604

555

641

701

735

833

688

636

552

459

494

541

569

306
199

295
184

178
89

193
101

256
155

363
251

490
361

426
288

364
217

359
215

320
188

273
151

241
123

219
100

.138

.136

.137

. 137

. 130

.134

.138

.128

. 139

. 141

.140

.135

.130

.144
1

611
'89

224
101

.135

. 145

15.0

14.9

r2H

14. 6

14.8

14.6

M4.2

T 13 6

14.3

14.2

14.7

14.8

14.4

16.0

15.7

16.0

186
82

132
73

274
103

236
108

206
105

154
95

137
80

111
68

67
55

137
44

78
40

36
46

81
62

171
86

.334

.343

.289

.321

.337

.395

.375

.376

.372

.387

.320

.326

.290

23.8
.208

23.5
.253

23 4
.256

14.4
.245

16 7
. 245

19 3
.256

19.3
.276

13 8
.255

21 0
.261

26 7
.263

9

29 4
. 236

16 8
.220

3, 922
5, 704

3,435
5, 357

2,041
758

1, 986
772

1 332
520

1,957
790

1 888
745

2 167
908

2. 486
949

2 181
1 026

2 143
982

1 977
718

1 970
591

2 476
1 006

2 460
843

1 597
302

1 344
'399

.344
105

.345
110

.342
83

.338
75

.335
95

.335
154

.353
148

.380
133

.380
119

.480
129

. 465
120

. 505
109

.500
104

.490
89

'. 485

180

206

186

219

230

236

243

249

244

220

178

163

156

162

M77

199

1,158

550

465

275

175

25

130

625

1,345

1,835

1, 695

1,370

1, 380

64
451
246

98
516
1"9

146
230
98

750
424
150

938
241
94

939
124
56

595
1.213
78

305
224
108

197
371
•)98

120
348
223

66
399
216

45
723
244

628
2' >4

" 1 , 496

14.5

r

1 06

185
114

.276

.293

. 326

17 6
.227

.224

P 235

r

201

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
Roastlngs (green weight), quarterly total do
Import^ total
do
From Bra/il
do
Price, wholesale, Santos, No. 4 (New York)
$ porlb..
Confectionery manufacturers' sales
_ mil. $
Fish:
Stocks, cold storage, end of month
mil. l b _ _
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 9
do
Hawaii and Puerto Rico__
do
Deliveries, total 9—
do
For domestic consumption
do
Stocks, raw and refined, end of month.do
Exports, raw and refined
sh. tons.
ImportsRaw sugar, total 9
thous. sh. tons..
From Republic of the Philippines _ _ _ d o
Refined sugar, total
do
Prices (New York):
Raw, wholesale
$ perlb__
Refined:
Retail (incl. N.E. New Jersey) $ per 5 Ib
Wholesale (ex el. excise tax)
.$ per l b _ _
Tea imports

thous Ib

Baklnsr or frying fats (Incl. shortening):
Production. _
___ _ _
mil. Ib
Stocks (producers' and warehouse), end of month
mil. Ib
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 l b _ .

» 3, 355
2 5, 669

2
2

4, 008
5, 074

r

39
.233

r
r

4,726
6,306

4 366
6 645

4 216
5 016

1,424

-947

1,684

273
550
166

314
540
159

404
203

821
813
1,599

836
832
1,675

1.542

807
799
1,504

921
917
1,273

960
958
1,023

968
967
1,273

639
637
1,920

952
950
2,487

(542
641
2,579

583
582
2, 581

701
700
2. 533

732
731
2,341

765
764
2, 185

919
918
1 , 866

259

342

145

486

186

154

209

1,127

352

585

785

571

367

407

396

359
102
25

359
91
14

465
139
16

419
118
8

404
133
5

383
101
42

351
90
19

214
9
19

423
94
14

103
68
2

92
11

226
89
1

205
42
3

340
127
1

293

. 065

.081

.092

.077

. 065

.073

.092

.095

.084

.095

.082

.073

.074

r. 068

. 066

. 569
.089

.688
.111

.833
.139

.803
. 121

.753
. 108

.681
. 099

. 675
.114

. 750
.127

.771
.122

. 7(59
. 125

. 774
. 118

737
. 112

.722
.105

. 696
.102

. 66S
. 090

10, 808

10, 503

7, 155

9,493

7,717

11.011

13,439

10, 571

8, 851

10, 823

10 6 f) 7

l'> 377

13 982

11,552

10 409

224.0

211.1

210.7

186.7

211.4

214. 5

258. 1

228. 8

203. 0

207. 1

209. 8

213 0

216 3

221.4

233 8

173.5

132.3

132.0

115. 5

112.0

103.7

103. 4

104.2

119.3

114.2

113.4

113 9

116 5

122.1

131 1

211.0

191.0

195 7

197.2

190.5

183.9

187.5

177 0

183 ?

175 6

199 9

''II 4

201 0

207 4

935 i

245. 0

248.7

307.1

292. 5

258. 2

210. 2

(4)

160. 0

145. 1

137.5

124.7

119. 5

126.2

129.0

120.7

143.8

145.4

125.9

125. 2

136. 7

148. 6

161.3

147 9

163 1

181 4

159 4

159 8

150 2

138 4

134 3

39. 0

45.8

46.2

40.8

41.7

40.8

44.1

40.8

36. 4

42.7

46.7

52.0

48.6

50.6

47.2

.256

.238

.238

.238

.238

.238

.238

.238

.238

.238

.238

.238

.238

.238

". 238

39.7
35.9

42.5
36.5

42.8
37 7

38.5
28 8

41.3
30 2

46.3
37 2

41.9
37 3

44.6
39 2

49.6
42 0

45.9
40 4

j'>

595

3

r

" 475

^
". 062

FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
41.4
38.7
Production (quantities rendered)
mil. l b _ . 35.8
45.4
41.3
30.7
35. 9
33.6
Consumption in end products
__ do
36.5
39.5
Stocks (factory and warehouse), end of month
25.7
47.4
41.3
49.1
39.1
mil. 11)..
Tallow and grease (except wool), inedible:
317.2
287.8
309.2
Production (quantities rendered)
do
330 5
312 3
150. 6
127.4
Consumption in end prooucts
do
150.7
149.0
157.5
Stocks (factory and warehouse), end of month
349. 3
385.9
336.1
354.6
mil. lb_- 384.7
Fish and marine mamma lolls:
21.3
Production^
_ ___
_
do
15.3
28.0
•>9. 4
34 2
7.4
Consumption in end products _.. __ _ _ _ d o
8.2
8.4
7.6
7.0
Stocks (factory and warehouse), end of month
165.0
176. 5
mil.lb- 144.0 6 166. 5 184.7
r
Revised. * Preliminary.
* Beginning Jan. 1963, includes data for Alaska and Hawaii.
2
3
Quarterly average.
Effective Sept.
1963, includes5 small amounts of refined sugar,
4
tinctured, colored, or adulterated.
Not available.
Beginning Jan. 1964, data are not
comparable with those for eailier periods; consumption for feed now based on Tenderers'
shipments instead of feed mill reports.
e Beginning March 1963, includes7 General Services
Administration stocks no longer required for the strategic stockpile.
Includes a significant amount described as "contaminated."




33.9

29.8

29. 0

35. 6

35.7

36. 4

37.4

38.5

38.7

37.8

304 5
145. 6

350 3
167.0

397 3
140.1

319 9
141.8

363 3
5 183. 6

336 4
173.2

335 3
161.8

366 0
173.8

361 0
178.3

351 3
187.1

333. 6

353. 0

372. 8

386. 2

387.3

421. 5

395. 9

395. 9

331.1

329. 1

19 8
7 0

14 2
81

10 0
7 2

6 1
6 5

3
6 9

35
7 6

r 29 4

6 5

2
6 9

39 6
6 9

7

7

7

r

68

159.0
197. 1
168. 4
129. 8
110.5
95. 5
99.4
113. 2
124 0
OCases of 30 dozen.
cTBags of 132.276 Ib.
Q Includes data not shown separately; see also note "§"
§ Monthly data reflect cumulative revisions for prior periods.
A For data on lard, see p. S-28.
{Revisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.

181.5

r

8-30

SURVEY OF CURRENT BUSINESS
-

1962

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

19G3

June

•July

Aug.

Sept.

1964
Oct.

Nov.

Dec.

-Tan.

Fel:. 1 Mar.
i

Apr.

May

June

July

FOOD AND KTNDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil. lbRefined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of month
-_ -- - _ m i l . l b _ Imports
do
Cornell:
Production:
Crude
- -do
Refined
do
Consumption in end products!
do
Stocks, crude and refined (factory and warehouse) end of month!
mll.lb -

135.8
44.3
57. 5

29.0
46.2
60.4

23.3
49.9
62.2

34. 5
46 1
57.0

26. 3
50. 1
65. 0

31.3
45.3
60.7

33. 5
47.1
67.8

39.4
44.5
57.0

29.8
41. 5
59. 3

30. 0
41.2
58. 0

30.0
41 6
58.7

(-)
41 1
61.9

18 6
48 4
66.7

20. 0
41.9
65. 9

25.2
38 0
57. 7

243.4
22. 1

227. 4
31.0

210.9
20.0

227.9
38.7

215.3
46.2

225. 0
35.3

219. 5
39.4

209. 3
7.8

195. 9
0

193. 4
61. 1

196. 5
41.6

185. 5
46.1

166.0
34. 8

158. 2
27.8

153. 8
36. 4

30.4
29.3
26.8

32.5
30.3
27.5

33. 5
29 0
24.8

34.1
30.1
23. 3

34. 8
26.8
28.9

31.9
31. 5
29. 5

34.7
30. 0
31.6

34.6
32.2
28. 0

30.9
34.2
.32.2

32.7
30.1
33.3

34.6
28.6
34.5

37.2
34.7
33. 0

36.6
30 0
31.7

35.9
97 7
30. 9

37. 0
34.3
33. 0

49.1

58.2

59.8

(53. 1

61. 6

63.1

62.9

67.4

64.8

62.4

60.5

60.3

63.9

62. 6

63.8

223.2
118.6

225. 3
172.9

86.6
214. 0

72.0
190.4

101. 0
156.6

224. 1
159. 8

346. 3
169.8

353. 7
195.6

304. 8
188.0

326. 5
207. 5

292.8
'Ml. 4

259. 1
259.9

212. 9
295. 7

165. 1
325. 6

116. 7
305. 0

161. 5
132.4
108.8

158.2
131.1
95. 6

62 9
80.0
95.4

51. 2
52. 3
83.3

70. 5
57.4
88.5

156.7
98.9
92.7

241.3
166.1
107. 2

249.4
174.2
98.9

212.3
171.9
101.7

231.4
158.2
95.2

207.4
137. 1
102 9

185.8
146. 7
107. 5

154. 7
151 9
103.8

119.2
137.2
99.2

86.6
117. 2
111.9

419.6
30.9
.167

598. 4
30.4
.153

561.5
16.2
.154

513. 7
18.0
. 160

465. 6
23.7
. 150

487. 5
21.5
.151

554. 7
.154

637. 4
31.0
.161

685. 6
40.8
.146

739.8
53.3
.143

803. 7
48.7
.141

801.6
76.3
.145

810.2
38.4
.149

769. 2
54.0
.152

701.6
43.1
p . 1 52

31.8
31.5

33.3
32 0

39.8
35.5

8.1
36. 5

25.9
35. 1

37.4
32. 6

41.1
31.8

34.9
28.2

32.1
26.4

35. 3
28.0

33.6
31.0

33. 5
32. 5

31.5
35.1

39.3
34.6

40. 8
36. 4

111.8
.142

116 7
.127

130.7
.127

99.3
.127

92.5
.125

92.2
.123

103. 9
.127

109. 4
. 128

111.8
.129

124. 4
.133

132. 0
.133

132.9
.133

131.6
.133

137.6
.133

139.4
p. 133

867.8
86.5

900.1
127.3

899.7
140. 6

878.7
115.3

901 . 0
146.7

736.9
145.1

944. 4
147.7

918.7
165. 1

912. 0
159. 5

842.0
152.4

807. 3
162. 4

790.7
157. 2

819.0
139.9

855. 2
167.6

817.7
121. 6

407.4
338.9
340.7

421.1
334 1
318.3

422. 2
333. 5
307. 8

413. 6
295. 4
302.7

426. 9
336.1
303.9

345.9
340. 0
320.5

442. 1
361.5
348. 9

426.2
331. 6
317. 3

425. 4
329. 2
316. 1

388. 6
351.2
336. 6

376. 2
398. 3
330.9

368. 9
362.7
353. 3

385. 6
352. 1
344.8

398.7
355. 6
342. 3

380. 0
400. 5
366. 1

803. 9
101.1
.133

3 865. 2
92.1
.133

878.2
77.7
.134

921.2
82.2
. 132

923. 1
87.0
.124

919.8
142.7
.133

(2)
99.6
.133

898. 9
42. 1
.141

987. 9 1,022.4 1. 006. 4
57.3
70.2
74.7
. 127
122
.123

991.4
69.2
.122

922.3
126.0
.121

873. 3
62 7
.123

819. 1
99. 5
p . 121

< 2.315

42.337
76. 548
15.802

4 906
44,084
15,735

Cottonseed cake and meal:
Production
thous. sh. tons.Stocks (at oil mills) end of month
do
Cottonseed oil:
Production:
Crude
- mll.lb Refined
do
Consumption In end products
_ do
Stocks, crude and refined (factory and warehouse), end of month
mil. l b _ _
Exports (crude and refined)*
do
Price, wholesale (drums; N.Y.)
$perlb_.
Linseed oil:
Production, crude (raw)
__ _ _ mil.lb .
Consumption In end products
. __do .
Stocks, crude and refined (factory and warehouse), end of month
- _ mil.lb_
Price, wholesale (Minneapolis)
$ per l b _ .
Soybean cake and meal:
Production
thous. sh. tons.Stocks (at oil mills), end of month 5
_-do
Soybean oil:
Production:
Crude
mil.lb..
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse), end of month?
mil. l b _ .
Exports (crude and refined)*
do
Price wholesale (refined - N Y )
$ per Ib
TOBACCO
Leaf:
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers' end of quarter total
mil Ib
E xports incl scrap and stems
thous Ib
Imports, incl scrap and sterns
do
Manufactured:
Production (smoking chewing snuff)
do
Consumption (withdrawals):
Cigarettes (small):
Tax-exempt
millions
Taxable
do ..
Cigars (large), taxable
__
. _ . _ do. _ _
Manufactured tobacco, taxable
thous Ib
Exports, cigarettes
millions..

r
T

a 2 16*

r
4, 693 * 4, 929
39, 073 42,124
13,951 13, 985

4, 645
40,891
13. 458

33.215
14, 857

40, 033
14, 233

4,749
64, 827
11,905

14,066

13, 953

13, 860

12, 576

15, 019

14, 759

3,422
41,205
530
13, 770
2,007

3,424
42,466
547
13, 702
1,968

3, 266
41,562
509
13, 071
1,929

3. 347
42.414
566
13.012
1,990

3,867
47, 006
606
14. 810
2,448

3,173
42. 399
555
14.382
1,656

5

r

36, 307
22, 822

5, 310
23, 529
12, 876

29, 667
14, 687

31,307
14,147

15, 068

16, 150

16, 937

16, 701

14, 647

3,360
36, 684
407
12,440
1,964

3,344
40, 980
594
14,863
1,843

3, 234
29, 168
622
15, 550
1, 702

3, 216
37, 854
682
16, 214
2,107

3,144
43, 686
670
16, 028
1,862

3, 126
41, 714
731
14. 231
1 , 890

2, 046

5, 711

6. 525

6, 779

6, 385

245
778

7,088
213
882

8 620

8 252

1,072

151
987

8, 519
3,615
1, 650

8, 242
2, 732
1,134

59, 291
14, 737

5, 248
56, 370
12, 553

36, 901
12,438

16, 604

13, 017

11,947

3, 740
46, 740
652
15. 838
2 124

3, 561
41, 272
648
12, 858
2,047

LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
6,909
Value total 9
thous. $
171
Calf and kip skins
thous. skins_.
593
Cattle hides
thous hides
Imports:
Value, total 9
thous. $.. 5, 539
Sheep and lamb skins
thous. pieces_. 2,290
1,198
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavv, 9^/15 Ib
.-$perlb_. p . 623
*.152
Hides steer, heavv, native, over 53 Ib
do

6.215
155
664

5, 249

139
539

5.726
117
622

6,609
147
756

5,861

5,253
2,192
1,231

4,887
1.608
1, 127

6, 692
3, 709
1,275

4,809
1,723
1,346

.350
.113

.350
.108

v . 365
p. Ill

. 350
.108

136
661

7, 124

7, 256

190
919

206
843

203
659

4,948
e 1, 923
1,211

4, 320
1.249
1,250

3, 905
781
1, 000

4, 212
1,361
1,150

5, 223
7 1, 031
1,360

7,122
3, 254
1,113

8, 456
4,370
1, 099

8,111
3, 380
1,323

.300
.103

.275
.110

.300
.110

.325
.090

.325
.083

.325
.078

.325
.083

.400
.113

255
787

233
904

239

r

.438
.098

P431

p urn

LEATHER
Production:
498
466
424
485
483
Calf and whole kip
thous. skins..
1,804
1, 765
1,802
1,877
1,588
Cattle hide and side kip thous hides and kips
1.141
862
1,184
1,182
1,366
Goat and kid
thous skins
2,864
3.234
2. 367
Sheep and lamb
._ . do
2, 527
3,007
Exports:
3. 272
4,640
4,236
5,548
Glove and garment leather
thous. sq. ft__ 3,502
3,423
2,966
3,019
2, 573
3,860
Upper and lining leather
do
Prices, wholesale:
.687
.660
p. 678
Sole, bends, light, f.o.b. tannery
$ per lb_. v . 711
.687
Upper, chrome calf, B and C grades, f.o.b. tan1.173
1.170
1. 140
nerv
$ per sq. ft_. "1.326 P 1.151
r
J
2
Revised.
p Preliminary.
Average based on reported annual total.
Not avail3
able.
Average based on months
for which data are available.
* Crop estimate for the
5
6
year.
Quarterly average.
Effective Sept. 1963, data reflect7 minor changes in coverage
to conform with ''Tariff Schedules of the United States."
Effective Jan. 1964, data
exclude items presently reported in Ibs. instead of pieces. ° Aug. 1 estimate of the 1964 crop.
} Revisions for 1962 appear in the Sept. 1963 SURVEY.




403

532

1,774
1,064
2,833

453

471

484

1. 793
1,137
2,906

1,798
1,212
2,693

1,844
1, 325
2, 552

414

2, 039
1.258
3,128

1.790
1,047
2.727

1,835
1,059
2,731

1,993
1,171
2,813

1,989
1,132
3,018

4,252
2, 955

5,493
4,436

4, 763
3,984

4, 863
4,968

5, 273
4, 393

4, 522
4, 051

4,950
4 486

4, 293
3, 809

4, 562
3 627

.657

.657

.657

.657

1.133

1.097

1.103

1.137

386

. 650

1.143

.650

525

.647

.657

1.137

1.133

601

. 657

3,443
3 762

p. 657

1.138 P 1.138
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
§ Monthly averages for 1951-56, published in 1963 edition of BUSINESS STATISTICS,
should read as follows (thous. sh. tons): 1951-56, respectively—95.3; 60.1; 119.1; 1274; 78.7,
138.5. Corresponding data in 1961 edition of BUSINESS STATISTICS should read (rail
Ib.): 1951-56, respectively—190.6; 120.3; 238.2; 254.9; 157.3; 276.9.
9 Includes data for items not shown separately.
1.137

SURVEY OF CURRENT BUSINESS

August 1!)(>4

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1964

1963

1963

Monthly
average

S-31

June

July

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

May

June

July

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
49,803
Production total t
thous pairs
Shoes, sandals, and play shoes, except athletic
thous .pairs - 42,033
Slippers for housewear
do
0. 003
583
\thletic
do
584
Other footwear
__
do .
Exports
._do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodvear welt
1957-59 = 100.Women's oxfords, elk side upper, Goodyear
welt
1957-59 = 100
Women's pumps, low-medium qnaltty-_.do__-

49, 284

44, 635

44 848

55, 670

50. 132

53 809

44 671

45 258

51 556

50 033

52 314

49 905

47 795

42, 157
5, 918

37, 997
5, 401

38. 430
5. 368

46, 686
7, 526

40. 486
8,087

42, 784
9.212

35. 992
7. 357

39, 932
4, 1 09

46. 689
3. 882

44, 634
4,614

46, 250
5, 107

40, 325
6, 390

194

243

502
707

558
679

377
673

495
963

486

500

1. 073

1, 313

438
884

412
805

397
588

390
395

439
518

42.217
5, 969
443
576

156

910

174

354
726

177

170

145

136

182

190

205

208

132

115

105.6

105.1

105. 1

105. 1

105. 1

105.1

105. 1

105.1

105.1

105. 1

105. 1

105 1

105. 1

105. 1

105.1

107. 8
111.2

106.5
110.7

106. 5
110.0

106.5
111.1

106. 5
111.3

106. 5
111.1

106 5
111.3

106 5
110.6

106 5
110-9

106 5
111.2

106 5
110.6

106 5
110. 6

106 5
110.8

106 5
110.9

106 5
110.9

2 559
\501
2 058

9 701

'501

3 054
493
2 561

2 ? 953
465
2 488

3 041

2 200

9 817
524
2 293

2 999

2 198

LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Lumber Manufacturers Association:^ O
Production total
mil bd ft Hardwoods
do
Softwoods
-- --do

2, 764
530
2,234

2,882
581
2,301

2,835
619
2, 216

3, 145

3 115

2,189

2. 557

2, 506

617
2,627

2,777
525
2, 252

2, 866
564
2, 303

2. 923
564
2, 359

2.939
520
2,419

3, 100
567
2, 533

2, 903
56?
2. 341

3, 054
599
2, 462

2, 707
579
2, 128

2, 579
516
2, 063

2. 686
514
2,172

2, 945
548
2, 397

3,082
547
2. 535

3,129
537
2, 592

3, 041
594

3, 121
535
2, 586

6,346
1, 529
4,817

6,504
1,842
4, 662

6, 419
1 830
4, 589

6, 243
1 866
4.377

6,312
1 887
4, 425

6,454
1 914
4, 540

6 493
1 964
4, 529

6 555
1 987
4 568

6 541
1 971
4 570

6 594
1 957
4 637

6 472
1 930
4 542

6 461
1 871
4 590

6 386
1 810
4. 576

6 310
1 747
4 563

6 2969
1 75
4 474

63
408

73
i 445

60
516

77
616

76
576

77
457

84
469

89
381

84
364

70
'281

68
<391

97
455

72
475

90
445

77
576

680
496

679
538

664
554

609
521

618
450

719
491

800
520

649
598

665
535

842
671

738
721

694
637

731
594

705
558

735
520

665
673
991

671
676
969

595
651
974

542
643
882

692
689
894

700
677
925

745
772
878

666
641
923

638
659
903

761
706
984

708
688
1 004

771
778
997

1,056

1 048

1 045

26
Exports, total sawmill products
do
10
Sawed timber __
do __
17
Boards, planks, scantlings, etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft_. 78.65
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft_. 122. 52
Southern pine:
478
Orders new
mil. bd. f t _ _
255
Orders unfilled, end of month ..
do

31
12
19

22
8
14

30
9
21

31
11
21

26
10
16

34
15
20

37
14
23

37
18
19

28
11
17

27
12
15

38
14
24

27
10
17

41
18
23

29

77. 96

78.20

81.43

* 82. 01

82. 99

*82. 01

141.38

142. 46

150.02

152.42

Shipments, total

do

Softwoods

do

Stocks (CTross) mill, end of month, total _ do ..
PTard woods
do
Softwoods
_do
Fxports total sawmill products
Imports' total sawmill products

_

SOFTWOODSd1©
Douglas fir:
Orders new
Orders unfilled, end of month

__ do _
do

_nill. bd. ft_.
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
do
Boards, planks, scantlings, etc
do
Prices, wholesale, (indexes):
Boards. No. 2 and better, 1" x 6", R. L.
1957-59=100—
Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100..
Western pine 1
Orders, new
_
mil bd ft
Orders, unfilled, end of month
do
Productiondo
Shipments
_
do
Stocks (cross), mill, end of month
do
Price,
wholesale,
Ponderosa,
boards,
No.
3,
1" x
I9" R L (6' and over)
$ per M bd ft

2,743
554

588

609

1

3 244

2 798

600

48?

2,517

798
773

756
741

9

539

502

770
773

9Q

9

79.92

80.84

86. 00

85. 90

79. 86

77.96

77.73

134. 22

131.74

136.04

138. 45

136. 72

137. 67

139. 77

491
280

496
312

541
305

523
279

486
269

562
279

9

483
64

9

379
56

447
959

466
270

528
289

557
306

536
294

9

478
475

484
488

478
493

511
548

518
549

503
496

545
552

484
498

411
387

475
444

476
455

520
509

534
540

517
548

595
560

1, 366
6,325
1,571
4, 754

1,380
6, 414

1.395
5, 334

1,358
5, 926

1.327
7,174

1,334
4.681

1 327
7 676

1 313
8 210
1 925
6,985

1 337
7 955
1 300
6, 655

1 368
6 603
747
5, 856

1 389
6 391
902
5, 489

1 400
10 P43
1 Oil
9, 632

1 394
8 694
' 788
7. 906

1 363
10 050
9, 203

1 328
9 692
1 521
8,171

832
5, 583

534
4,800

4, 939

93.1

92.5

92.9

94.6

95.2

95.3

800
416

849
383

910
417

789
797

841
839

987

675

397

833

83. 10

r

151.90 ' 153. 45 P153.45

847

550
84

6, 499

4, 284

6, 843

93.9

94.3

94.0

92.8

93 0

92 8

92.7

92 8

92 6

92. 7

93 2

92.7

95.5

95. 7

96.0

95. 6

95.6

95.6

95. 6

95.4

95. 4

95.4

95. 4

95.1

942
435

89'?

866
347

1 002

7CQ

384

730
352

891
503

937
501

876
496

894
484

007
437

914
458

689
735
1, 625

QOQ

001

OCM

OQO

1,492

1, 541

1,485

1,494

1,476

K(1

63 07

63 67

66 45

68 05

r AO Q9

2.8
11.6
2.2

12.4
2.3

7.9
84 2
63. 6
65 2
65. 2
55.0

356

347

866
924

971

977
875

1, 577

992
837

1,519

1,554

1, 656

1.683

7799
76

7AQ

1, 657

835
894

1 006

1,679

1,693

1,678

67.43

67.42

69 06

70 79

72 16

70 56

65 96

fi4. R9

i'O

806

930

851
906

875

HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month
Oak:
Orders, new__.
Orders, unfilled, end of month. ._
Production
Shipments
Stocks (gross), mill, end of month

mil. bd. ft..
do
_do
do
do

3.1

2.9

10.5
2.7
2 9
7.9

10.8
2.8
2 7
6.5

2.8

3.1

2.0

3.2

11.4
2.5
3 4
6.2

2.1

10.5
2.7
3 4
5.5

10.0
2.8
2 4
5.8

10. 6
3.3

2.2

10.2
3.3
33
5.4

10.5
2.6

6.6

10.4
2.5
2 4
6.6

7.1

2.6
10.8
2.6
9
2
7.6

do
_do
do
do
do

65.7
42.8
65.0
65.9
75.2

68.3
45.2
69.3
69.1
43.6

68 4
49.6
70 0
74.5
40.2

7'? 9
48.1
72 2
74.4
38.0

75 5
47.5
75 3
76.1
37.2

64 9
44.9
69 4
68. 6
38.7

72 8
40.4
79 9
77.5
39. 7

55 1
34.7
68 3
64.7
41.2

51 0
36.9
62 8
56.4
46.6

75 7
44.7
79 7
64.4
55. 0

3.5

c
l
' Revised.
v Preliminary.
Corrected.
Beginning Sept. 1963, data exclude
small amounts formerly included.
tRe visions by months for 1961-Sept. 1962 are shown in Bu. of Census report M31A(62)-13.




9 (}

1 Q

3.0

3.1
12.5
3.0

12.5
2.7

3.1
12 2
2! 9

7.8

7.9

7.9

7.3

74 7
68. 6
71 2
73.2
52. 5

09 4
62.93
73
72. 3
53. 4

54.1

48. 5

68. 1
54.4

70.4
53.1 - - - - - - - -

2.8

^Revisions by months for 19nl-Oct. 1962 for production, shipments, and orders will be
shown later; those for 1951-62 for stocks appear on p. 28 of the Jan. 1964 SURVEY/
O Beginning Jan. 1961, data for Alaska included in pertinent items.

SUKVEY OF CURRENT BUSINESS

S-32
19R2

Unless otherwise stuted statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

August IIM'4

1903

| 19153

Monthly
average

Juno

July

A up;.

19 i i

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

METALS AND MANUFACTURES
i

IRON AND STEEL
Exports:
Steel mill products
Scrap
Pig iron*

thous. sh. tons..
do
do.

Imports:
Steel mill products If
Scrap t
Pig: iron*

I
!

182
530
6

169
589

195
698
3

178
748
9

162
640
1

212
552
8

207
428
5

230
564
6

226
580
4

212
557 :
3

235
744
0)

218
708 i
14

256 !
770
34

300
679 !
39

342
42

454
19
55

467
28 |
94 1

599
19
42

547
14
61

471
13
89

549
15
111

516
16
80

402
29
51

481
97
29

428
26
36

474
23
21

495
16
29 i

"44
17
}8

604
31
99

5, 494
3. 387
2,107
5,513
i 8 814

6. 108
3, 715
2, 453
6, 218
7 977

6, 858
4. 168
2. 690
6. 867
7.731

5.958 ! 5, 511
3. 732
3. 404
2, 227
2. 107
5, 681
5,425
8,011
8.097

5, 494
3. 363
2. 131
5 , 573
8, 013

6. 186
3. 670
2,516
6. 197
8,002

5, 898
3, 513
2, 385
5, 971
7, 962

5, 873
3, 535
2, 337
5, 944
7 937

28.12
29.00

26. 78
27.00

26. 20
25. 00

25. 69
25. 00

26. 56
25. 00

26. 89
26. 00

26. 00

27.02
''5. 00

27. 24
26. 00

28.94
29. 00

28. 63
29.00

28. 85
31.00

30. 36
32.00

6, 050
5. 859
2, 786

6, 063
6,157
2, 791

9,019
10 588
3. 725

8. 933
10. 704
4, 071

8. 865
10, 587
4.220

8. 573
9.718
3. 369

7.318
9.141
4, 064

3. 876
5. 997
2.980

3,543
1, 846
1.940

4,067
1 , 406
1,693

4.088
1.446
1.667

4,167
1,598
2.017

5, 731
4, 150
2, 403

8, 918
7, 867
3, 451

13, 199
10.028
949
68, 952
19, 002
45,016
4, 934

13, 070 13.375 12. 535
8. 758
7. 516
7. 548
1,258
711
1. 095
71, 536 r 75, 699 r 79. 638
17,226 15 505 14. 359
49, 329 '55,155 ' 60, 174
5. 105
4, 981
5. 039

8, 932
12.386
8. 033
8.010
715
4'}8
81,194 80, 030
1 1 , 391 9, 237
64. 550 65. 450
5. 343
5, 253

4,052
8,458
341
77, 325
10, 934
61,044
5,347

2, 710
9,113
255
73, 141
13,224
54, 644
5, 273

3, 225
8.867
211
69, 936
15, 866
49, 002
5, 068

3, 491
9. 764
195
65,816
18, 380
42, 729
4.707

7, 323
9,801
347
64,486
19,947
40, 250
4,289

13,432
10,558
621
68, 164
20 999
43, 124
4,041

47, 134
4,012

do
^°
do —

99

(

Iron and Steel Scrap
Production and receipts, total
thous. sh. tons..
Purchased scrap received (net)
do
Consumption, total
do
Stocks, consumers', end of mo. _.
__
do
Prices, steel scrap, No. 1 heavy melting:
ComDosite (5 markets)
$ per Ig ton
Pittsburgh district
do
Ore
Iron ore (operations in all U.S. districts):
MMne production
thous Ig tons
Shipments from mines
do
Imports
do
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants .
do
Consumption at iron and steel plants. .do
Exports,
__
_ _do
At mines
At furnace vards
At U S docks

168 i
426
13

do
do
do

Manganese (mn. content), general imports^__do
Pig Iron and Iron Products
Pio-iron:
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 ('furnace)
-do
Foundry, No. 2, Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Eor 9^10

do

Steel, Crude, Semifinished, and Finished
Bteel 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 forging's (for sale) :
Orders unfilled end of mo
i nip
^, ,
Steel products, net shipments :
Total Call grades) _
Structural shapes (heavy), steel piling
Plates.
Rails and accessories

do

_do__ .
do
do
do

8, 458
8, 121
8. 669
8,041
568
491 r
75, 737 74, 176
14. 657 15, 428
55, 289 ' 53, 376
5, 372
5, 787

' 30. 62 "31.90
33. 50 p 34. 50

j "^59

14.029
10,019
719

79

84

105

70

108

135

67

88

46

71

54

62

105

53

110

5, 477
5, 550

5, 993
6, 057

6, 940
6. 990

5, 989
5, 909

5. 278
5.' 270

5, 174
5 ^'M

5, 525
5, 603

5, 565
5, 587

5,897
5, 949

6, 291

6,199

6,910

6,973

7. 435

7,076

3,178

2,814

2, C69

2,782

2. 804

2.811

2, 813

2, 827

2, 806

65. 40
65. 50
66.00

62. 87
63.00
63. 50

62.95
63. 00
63. 50

62. 95
63. 00
63. 50

62. 75
63. 00
63. 50

62. 75
63. 00
63. 50

62. 75
63. 00
63. 50

62. 75
63.00
63. 50

62. 75
63.00
63. 50

62.75
63. 00
63. 50

62. 75
63.00
63. 50

62. 75
63. 00
63. 50

62. 75
63.00
63. 50

62. 75
62. 75
63.00 P 63. 00
63. 50 p 63. 50

680
963
527

783
1 . 064
591

819
1.146
646

806
1, 003
578

805
985
608

805
1.037
598

758
1,194
673

692
1,049
575

719
1, 014
534

806
1.068
546

759
1.095
564

816
1.229
687

837
1.264
699

859
1 . 227
678

73
72
42

81
78
44

78
44

82
68
37

82
68
40

??42

78
87
50

80
78
42

88
79
42

91
84
49

91
83
44

94
88
48

93
93
52

92
95
54

8, 194
101.2

9, 105
112.5

10,365
129.8

8, 654
104.9

7 78''
94.3

7. 858
98.4

8, 483
102.8

8,488
106. 3

8.753
106. 1

9. 515
115.3

9.474
122.8

10,485
127. 1

10, 549
132. 1

11,048
133.9

183
119
93

219
125
100

201
131
105

217
105
86

216
119
95

219
121
97

225
135
107

255
126
101

9()9

133
107

312
145
117

333
141
114

345
157
129

331
162
132

324
154
126

308
113
86

306
116
88

297
118
87

306
96
74

310
105
78

298
115
91

306
123
95

311
111
84

312
114
88

320
139
111

322
121
93

^328
138
107

334
137
107

331
131
101

5, 879
231
395
522
86

6. 296
263
443
603
92

7, 375
316
479
652
111

6, 460
237
451
636
84

5. 895
206
456
579
91

5. 455
212
417
587
90

5. 927
266
464
614
70

5,617
285
498
608
74

5,540
252
420
588
92

6,475
281
422
614
109

6, 239
311
405
613
120

7. 124
394
468
679
141

7, 359
333
509
737
143

7. 271
344
543
699
129

62. 75

10,173 p 10, 100
127.4 P 122.4

7, 065
385
503
679

977
972
853
916
848
1,095
1,140
1,113
910
948
916
1, 145
1,136
966
909
Bars and tool steel, total
do
621
579
080
722
631
702
490
734
743
584
597
584
536
686
580
Bars" TTot rolled (incl light shapes)
do
169
172
167
283
262
224
295
260
256
269
281
220
258
199
279
Reinforcing
do
114
120
126
124
99
123
122
129
97
90
112
103
97
110
97
Cold
finished
do
504
442
545
665
752
759
631
569
721
724
605
468
592
587
699
Pipe and tubing
do
221
226
262
221
192
276
299
297
302
244
299
263
255
250
259
"Wire and wire products
do
563
494
352
323
556
544
545
560
404
505
488
533
541
405
553
Tin mill products
do
2, 786
2, 860
2.378
2, 608
2,884
2, 663
2,272
3. 094
2. 084
2, 838
2, 232
2,587
2, 599
2.293
2,373
Sheets and strip (incl. electrical), total
do
833
843
750
685
834
672
735
571
878
891
646
582
655
708
Sheets* H o t rolled
.
. d o
1, 316
1,211
1,455
1,320
1, 327
1, 208
1,149
1,213
995
898
1,311
1,019
1,044
1,126
1 , 209
Cold rolled
do
Steel mill products, inventories, end of mo.:f
9.4
9.4
9.3
9.4
9.5
9.3
9.2
10.3
11. 2
11.9
11.6
10.9
10.0
p 9.1
10.0
Consumers (manufacturers only)._mil. sh. tons...
5.2
5.3
4.6
4.8
4.3
P 5.2
4.1
4.0
5.3
4.9
5.9
4.5
4.4
4.8
Receipts during month
do
5.4
5.1
4.2
4.8
4.4
5.3
4.8
4.8
p 5. 3
4.7
4.9
5.4
4.4
4.7
Consumption during month
do
r
3.4
3.5
3.4
3.5
3.4
p 3.6
3.4
3
.
6
3.4
3.5
3.6
3.4
3.5
3.5
3.5
"Warehouses (service centers)
do
Producing mills:
7.9
8.0
7.8
7.8
8.0
7.4
p 8.4
7.3
7.2
'8.4
7.3
7.2
7.4
7.5
1
7.4
In process (ingots semifinished etc )
do
7.6
7.6
7.2
79 ;
7.3
6.9
7.4
7.2
6.8
6.8
7.6
6.7
7.1
6.9
p 7.7
Finished (sheets, plates, bars, pipe, etc.) .do
.0704
I
.
0704
.0714
:
.
0715
.
0715
.0715
.0715
.0715
.
071
5
.0704
.
0704
.0705
.
0715
1
. 0715 ""'0715"
.
0698
Steel (carbon), finished, composite price_..$ per lb_.
r
1
tEf Fective w ith the O ct. 1963 £ U R V E V , data for s teel consumers (nlanufact urers onl y) reflect
Revised.
v Preliminary.
Less than 500 to ns.
re oak ulated of timates based on the. use of quant ii;y covei•age factc>rs (dem "ed from the 195S
*Ne\v series. Monthly data back to 1953 are aval lable.
Censi is of Ma mfactun s); previ ousiy pu blisherl ( lata wei e based on cost coverage factors .
% Beginning Sept. 1963, imports statistics reflect adopt i()n of the U.S. Ta in' Sche Jules;
Re vis ions bac < to Oct. 1961 apr eai in t h e Oct. 1< 63 S'-RV EY.
ths.
these data may not be strictly comparable with fi£rures she wn for i rior mor




:H

SUEVEY OF CURRENT BUSINESS

August 11)04

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1964

1963

| 1963

Monthly
average

S 33

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

478
412
2, 300

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. sb. tons..
- ..do __
do

_-

Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, end of mo
thous..
Cans (tinplate), shipments (metal consumed),
total for sale and own useO
thous. sh. tons..

302
322
2, 624

336
341
2,322

345
360
2, 396

302
370
2, 458

350
411
2. 323

289
371
2, 297

32f>
411
2, 260

262
324
2, 238

440
321
2, 322

356
310
2, 306

247
304
2. 270

384
355
2, 31 3

387
360
2, 270

308
377
2. 201

1,404
1,947

1.273
1.922

1,354
1,863

1.322
1 . 999

1,274
2, 058

1,281
1,956

1.233
1.994

1,107
1,702

1, 1S4
1.119
1 . 003 ' 1,858

1, 202
1,812

1, 389
1, 955

1, 379
2. 108

1 , 334
1 900

400

381

403

458

514

459

425

299

288

342

293

340

383

380

176.5
i 33. 2

192. 7
63.0

192. 5
63. 0

201.4
58.0

203.1
67. 0

197. 4
66.0

205. 1
71.0

201. 1
63.0

209. 1
73.0

212.0
08.0

200. 2
67.0

214.2
72.0

208. 3
69. 0

214. 6
63.0

203. 7

25.6
4.9
12.6

34.7
3.4
13.8

47.4
2.8
12.6

53. 9
4.1
16.0

40. 5
3.5
13.6

38.2
3.5
13.0

34.5
4.0
13.2

36.9
4.1
12.6

36. 1
3.9
11.9

34.3
4.6
16.8

28.8
4.3
13.0

30.5
4.1
15.9

35. 2
4.9
20.0

35. 6
4.1
20.4

36.8
4.6
17.2

153.1
. 2388

105.6
. 2262

83.3
. 2250

85.7
. 2250

94.5
. 2250

93.8
. 2250

96 9
.2298

110. 7
. 2300

99. 0
. 2300

108.0
. 2300

107. 8
.2300

. 2343

too. o

93. 3
. 2350

99.5
. 2350

87.0
. 2383

464. 3
317.6
142.6
77.2

526. 7
355. 2
166.9
79.4

526 .0
359 .7
172.2
78.5

526. 4
362. 1
1 75. 1
65. 1

552. 9
377.7
179. 7
75. 5

535. 6
345. 8
161.3
77.0

584. 6
423. 7
210.0
85. 0

489. 8
324. 8
144.4
79. 8

523. 7
328. 0
145. 0
79. 3

540. 3
36?. 3
170.9
90.7

532. 7
357.1
170.1
84.2

r
613. 7
047. 7
433.8 --417.4
225.3 i T193.9
90. 1
88. 5

600. 5
401. 7
194. 3
85.9

102.4
134.3
101.2
33. 1
22.7

100. 8
133. 0
101.6
31.4
24.0

92.9
138.9
102.4
36.5
24.4

86.1
135. 5
101. 7
33.8
17. 7

96. 8
134. 9
98.6
36. 3
23. 3

99. 1
129.0
95.1
33.9
24. 9

109. 8
138. 0
103. 5
34. 5
25.8

100. 3
131. x
103.7
28.1
23. 3

107. 0
141.3
106. 3
35.0
23.7

107.3
140.4
103.4
37.0
24.1

107. 4
147.1
109. 8
37.3
22. 4

112.3
145. 0
109 6
35. 4
29.4

111.9
144.9
113.3
31.6
?7 0

40.1
8.2

45. 1
9.9

46.2
9.6

41.3
11.0

55. 1
17. 2

70.8
13.3

51 . 7
12.2

33.0
11.8

54.0
7.4

45.9
8.9

35. 4
11.3

00.0
10.3

42. 1
10. 9

32.1
28.0
134. 2

30. 0
26.0
146.2

32. 0
28.9
155.4

27. 6

109! 2

37. 5
33. 0
144.4

29. 5
25.3
142.0

29. 5
25.6
163.7

30. 0
26. 4
1 17. 5

39. 7
33. 9
140.7

34.3
29. 5
150. 7

31.4
20. 6
152. 0

33.2
25. 4
102.2

177.5
102.0
. 3060

1 75. 4
96. 0
. 3060

153.3
87.6
. 3060

197. 2
119.2
.3060

183. 8
115. 1
. 3060

173.8
103.0
. 3060

15-1.7
80. 1
. 3060

150.3
75.9
. 3060

145.3
82.8
. 3060

135.0
80.9
. 3060

140. 4
90. 9
. 3060

140.7 P 135. 9 p 132. 9
88.8 v 88. 2 r 86. 4
.3160
.3100
.3112

589
409
229

616
428
239

669
445
239

19.7
37.0

'21.1
39.7

22. 3
38.1

23.6
33.6

24.5
39.8

22.2
40. 5

24. 7
47. 0

22.6
43.7

22 6
37.4

24.8
39.9

22. 7
39^6

24.3
42. 6

33.4
92.5

31.3
96.9

34.1
93. 4

31.9
85.0

24.8
92.7

31.5
93. 5

32.1
108. 6

38. 1
101. 9

33.1
100.7

32.4
105.4

37.7
93. 7

NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons__
Imports (general):
M^tal and alloys crude
Plates, sheets, etc
Exports, metal and alloys, crude

do
do
do

Stocks, primary (at reduction plants), end of mo.
thous. sh. tons..
Price, primary ingot, 09.5% min
$ per lb__
Aluminum shipments:
Tngot and mill products (net) A
AT1 11 products total
Plate and sheet fexel foil)
Castings

mil Ib
do
do
do

Copper:
Production:
Mine, recoverable copperf
thous. sh. tons__
Refinerv, primarv
do
From domestic ores
do
From foreign ores
do
Secondary, recovered as refined
do
Imports (general):
Refined, unrefined, scrap©!
do
Refined
- do
Exports:
Refined, scrap, brass and bronze ingots.. _do
Refined
_ _ _
flo
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. l b _ _
Brass and bronze foundry products

do

Lead:
Production:
Mine, recoverable leadt
thous. sh. tons..
Secondary, recovered from scrap©
do
Imports (general), ore®, metalf
Consumption total}
-

do
do

Stocks, end of year or mo.:
Producers', ore, base bullion, and in process©
(ABMS)
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous. sh. tons_.
1
Consumers'c?
do
Scrap (lead-base, purchased), all smelters
thous. sh. tons..
Price, common grade (N.Y.)
$ per Ib
Tin:
Imports (for consumption):
Ore©
__
lg tons
Bars, pigs, etc.
do
Estimated recovery from scrap, total©
do
As metal.. _
do
Consumption, pig, total
do
Primary
______
do
Exports, incl. reexports (rnetaD, _ _
Stocks, pig (Industrial), end of mo§
Price, pig, Straits (N.Y.). prompt

do
do
$ per UK

ftnc:
Mine production, recoverable zinct
thous. sh. tons
Imports (general):
Ores©!
do
Metal (slab, blocks)!
do
Consumption (recoverable zinc content):
Qf-pt;0

(-|Q

Scrap, all tvpes
r

_ do-__
l

578
398
234

115.4
1 47. 9
111. 7
36. 2
27.0

113.8
153. 4
116.7
37.3
28. 5

50. 6
10. 7

48.0
11.4

33.4
33. 0
33.4
28.2
25. 9
p 163. 8 p 163. 9 " 181.8

()<)()
407
959

fi'>3
454
249

' 125. 0
'' 9 ). 2
.3160

730
519

r

24. 0
42.3

23. 3
45.9

24.1

31.2
92.1

26. 0
97.4

26.4
96.7

32.1

91.0

110.2

90.6

98.8

97.0

105.3

111.1

112.2

110.2

109.5

117.4

111.5

109. 2

r

56. 9
115.5

101.0
95.7

94.5
101.8

85.3
104. 3

80. 4
109.4

72.0
108. 5

64.2
111.5

56. 9
115. 5

47.3
111.2

45.2
111.4

45. 6
118. 6

40.6
120. 3

30. 1
117.7

46.1
.0963

62.7
. 1114

45.9
.1071

52. 6
.1107

54.8
.1135

57. 0
. 1163

57.3
. 1194

55. 7
. 1215

62. 7
. 1250

67. 2
. 1298

71.9
. 1300

72.8
. 1300

70.8
. 1300

67.4
.1300

447
3,422
1, 750
250
6, 590
4, 550

211
3. 596
1,861

0
3, 451
1, 565
220
6. 425
4, 770

339
4.081
1,690
215
6, 470
4. 530

259
2, 327
1. 760
235
6. 030
4,145

697
3, 546
1,925
240
6, 705
4, 455

989
3, 080
1, 990
290
5. 490
3, 630

265
3,101
1, 765
270
5, 900
4.0H)

1.249
3, 227
1.770
190
6, 580
4,710

1. 705
2. 378
2,020
260
0. 750
4. 790

738
3,146
2. 025
•'55
7, 165
5, 085

2, 040
2 227
1/J85
200
7. 285
5. 190

313

6, 525
4.601

3
4,384
1,895
210
6, 985
5, 035

7, 265
5. 235

36
21,730
1. 1461

135
25,610
1. 1664

410
25, 585
1.1772

97
24,110
1.1534

151
23, 590
1.1484

265
32, 000
1.1011

170
30, 980
1. 1997

102
30, 245
1. 2704

165
29. 304
1.3020

207
27, 185
1. 3402

297
25. 245
1.4012

964
21.810
1. 3482

1 , 079
20. 120
1.3351

343
19, 600
1. 3485

97. 7

. 1300

1. 5060 T5965~

42. 1

'44.1

42.5

40.5

44.9

41.5

46. 9

45.1

45. 1

48.8

44.9

48. 6

46.5

46.6

45.8

31.1
12.1

34.8
7.7

33.9
11. 9

31.7
8.2

27.0
19.4

26.9
11.0

29.8
15.2

33. 0
14. 7

23.6
11.4

39 9

10.0

28.5
10. 5

27.6
9.7

35.9
9.1

33. 5

8.2
16.7

8.0
16.0

8.9
15.8

8.1
15.4

15.' 5

8.2
1(5.1

8.0
10.5

8.9
10. 9

7. 2
10. 9

17.1

16.1

15' 9

16.4

. 1300

301
2, 530

39.0
11.8

16'. 6

.3160

9f5()

142.5
93.5

Revised.
» Preliminary.
Recoverable aluminum content. Monthly data arc
•xpressed in metallic content (incl. alloying constituents).
Q Reflects new factor to derive tonnage equivalent (23.5 base boxes per ton of steel).
A Beginning Jan. 1963, net shipments of ingot derived by new method to include imports
lot previously included.
{Revisions for 1962 are in the Sept. 1963 SURVEY.




r

. 23X3

8.9

©Basic metal content (for tin ore, through Aug. 1963; gross weight thereafter).
fJSce
similar note, bottom p. 8-32.
cfConsumors' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§EfTectivc Sept. 1962, includes surplus tin held by GSA (i.e., tin to be offered
for sale and tin for which bids to purchase were rejected by GSA).

SURVEY OF CURRENT BUSINESS

S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

| 1963

Monthly
average

August 10CH

1963

July

June

Aug.

Sept.

1964
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

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
^econuar ir
i
/ »
rjo
Exports
Stocks, end of year or mo. :
Producers' at smelter (AZI^A

do
do

Price, prime Western (St. Louis)
$perlb._
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast iron
mil sq ft radiation. _
Oil burners:
shipments

thous _

Stoves and ranges, domestic cooking:
Shipments total (excl liquid-fuel types) _ _ d o
Gas^
_ __do
Stoves domestic heating shipments, total
do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipmentss total
thous.
G^s
do
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
TT ti -u

1 I'lOvNiTh, r e

.

-

Foundry equipment (new) , new orders, net
mo. avg. shipments, 1957-59 =100__
Furnaces (industrial) and ovens, etc., new orders

~Fl t '
~
Fuel-fired fexc for hot rolling steel)

do
do

i

73.3
4.9
86.0
3.0

74.9
4.5
90.1
2.8

69. 6
4.4
91.1
4.4

69.0
4. 1
85.4
4.9

72.6
4.6
92.5
4.1

72.5
5.4
90.6
2.0

78.1
6.0
99.3
2.4

79.3
5. 3
88. 5

144.7
80.0
.1162

55. 1
92. 1

.1200

105 .9
69.5
.1150

80.0
86.4
. 1202

64.6
88.1
. 1250

55.4
90. 1
. 1250

53.9
88. 1
. 1250

1 0
q 9

.9
9 0

91

1.0
11 6

1.4
12 4

39.8
49.9

48 8
42 2

48.7
65 8

41.9
65 1

58 5
63.8

75 7
51 8

166. 7
163. 6

1 76. 0
173.1

177.3
173.9

155. 3
152.6

185. 0
181.3

198.9
194. 9

157. 0
94.1

161. 9
101.5

158. 4
103.4

180.8
110 0

254. 2
171.4

108.9
87.1
217.7

117.8
95. 3
200 3

113. 1
91.4
231. 2

116. 4
94.6
183 5

140.2
110.4
184.9

M0.2
U6.2

*41 0
i 15 7

43.7
16.7

111.4

131. 9

135.1

127.6

160. 4

122.3

184.8

127.1

129.6

235. 8

251.8

272. 9

242.6

244.1

7.0
1.2
2.8

8.2
1.1
3.4

7 9
1.5
1.4

5.3
1.0
1.6

9.2
1.0
5.7

9.6
.7
2.7

7.6
.9

6.1
1.0
3.0

5.8
.8
2.4

9.7
1.0
5.7

10.5

•1.6

8.5
9
4.3

1.3
6.8

7.4
1.2
3.8

7.4
1.0
3.7

128. 7

98.2

140.8

150.2

128.1

135.7

136.6

156.2

146.5

153. 3

170.8

158.1

127.4

547
581

550
589

579
533

433
511

563
490

602
611

523
598

590
630

491
484

515
609

548
578

581
510

581
523

653
636

2, 434

2, 750

2, 307

2, 567

2. 661

2,941

2,738

2,830

2,543

2,518

2.862

3,032

2, 961

3,109

44.80
36.70
47.85
35.15
4.2

59. 50
47. 50
49. 90
41. 10

57.90
47.90
44. 55
38. 65
5.5

49. 20
38. 55
41.20
33. 30
5.6

56. 55
45.40
54. 75
42. 85
5.4

66. 85
53. 35
42. 95

59. 10
49. 65
52. 35
41. 75

80.15
60. 60
50. 35
39. 85

74.50
60.45
51. 25
39.10

5.6

6.2

6.3

r
85. 00
-70.10
"r 70. 75
57.
50
r
6.6

101.05
83. 85
74. 35
62. 65

5.6

77.70
61.40
63.80
48.45

91. 55
79. 55
64. 85
52. 35

5.7

77.40
64.15
69.00
56. 30

5.2

57.10
44.40
53.55
46.50
5.2

14.60
11.65
12.40
9.30
4.6

18.10
15. 90
15. 30
12.80
4.7

14.80
13.15
18.85
17.45
3.9

15.55
13.90
14.95
12. 70
3.8

19.85
18.15
12. 65
11.40
4.2

22. 35
17.60
14.70
12.10
4.6

15. 95
15. 20
14. 05
11. 30

21. 20
19. 80
14. 30
12.50
5.8

48.80
47.40
15.00
12. 40

20. 30
18. 85
19. 15
16. 15
7. 7

1 305. 9
!78. 5
1
22 9

378. 9
98.1
31 6

1.0

Material handling equipment (industrial) :
Orders (new) index seas adj
1957-59=100. . 112.6
Industrial trucks (electric), shipments:
500
PTnrid (motori/ed)
number
471
Industrial trucks and tractors (gasoline-powered),
2,232
shipments
number
Machine tools:
Metal cutting tools:
Orders, new (net), total
Domestic
Shipments total

mil. $..
do
do

Estimated backlog-

__months__

Metal forming tools:
Orders new (net) total

mil $

Shipments total
Estimated backlog- _ .

do
__

_ -

_ _ _ months..

Other machinery and equip., qtrly. shipments:
Construction machinery (selected tvpes),
total 9
_'__mil. $.. 1 261. 4
i 64.2
Tractors, tracklaving, total
do
i 19.7
Tractor shovel loaders (integral units only),
158.9
Tractors, wheel (excl. garden and contractors'
1 130. 1
Farm machines and equipment (selected types),
1 197. 7

83.8
4.8

76.0
4.8

91.7

1.9

88. 5
1. 3

50.2
87.0
. 1250

55. 1
92. 1
.1294

48.2
92.1
. 1 300

1 4
13 9

1.1
98

1.0
8 0

72.4
49 5

55. 9
43.9

32. 8
42.2

207. 3
02. 5

173. 7
170. 7

239. 1
146. 3

m2
170.4

168. 8
130.6
179. 7

170.4
134. 5
228 1

9

.4

76.8

4.7

100.0

2.4

84.8
5 3
98 3

1.7

2.6

3.6

46.0
93. 9
. 1300

43.5
'89.4
. 1332

38.0
85.9
. 1 350

.9

.9

8.1

8.2

1.1
7. 4

7.0

81

42.3
44.1

41.7
44.2

40.2
47.9

36.6
49.8

38 5
54 5

162.2
160.2

158. 1
156. 0

167. 7
165. 7

200.0
197.4

195.4
193.5

173.1
171 1

183. 6
132. 0

120.5
81.6

91.0
54.3

70.8
38.7

112.9
77.5

89.6
53.4

105. 7
66 0

132.4
106. 5
176.8

97.6
81.6
191.2

95.8
79.2
248.3

95.9
79.4
237.1

99.3
82.9
244.9

99.7
84.3

96.1 _ _ .
80 4
198 9

42. 0
18 2

5.4

83.7

5.2

95.2

43.6
92.5
. 1 300

39. 9
14 6

32. 35
29. 95
1 6. 35
13.00

86.0

4.9

86.9

5.6

309.2
80.2
27. 2

2.7

30.4 j
.1400

25 7

.135(1

.8

43 2
13 1

7.6

284.7
78.6
18.3

6.4

6.7

24.10
19 35
16.90
15. 40
8.0

45.80
43.30
19.80
18.25

343. 6
79.6
27 3

8.9

40. 4

2

59 5

86 3

71 8

73 6

86 2

166 1

100 6

159 0

189 1

2

1213.7

262. 6

199. 7

150.9

72.9

6.6

32. 55
59. 90
* 30. 35
55. 70
M8.20
21.25
M6.50 , 19. 95
^9.3
10.6

2

i 73 5

1.2
3.2

r

237.8

1150 9

221.4

ELECTRICAL EQUIPMENT
Household electrical appliances:
Refrigerators and home freezers, output
1957 59 ~ 100
Vacuum cleaners sales billed
thous
Washers, sales (dom and export)
do
Driers (gas and electric), sales (domestic and
export)
___thous_.
Radio sets, production §
do
Television sets (incl. combination), prod.§_._do
Electron tubes and semiconductors, factorv sales ©
' mil. $._
Insulating materials, sales, Index
1947-49—100
Motors and generators:
New orders index qtrly
do
New orders'(gross) :
Polyphase induction motors, 1-200 hp mil $
B.C. motors and generators, 1-200 hp
do

2 540

2, 653

1 903

2 iqo

2. 604

3 186

3 673

3 174

3 622

3 146

1 653

] 394

1 602

r \ 591

1 816

139.6

155. 8

160 8

140 2

156. 4

165 8

167 9

159.4

174 4

144 4

165 8

194 1

157 4

153 4

163 7

119. 2
309.3
305.5

127. 9
353. 9
329. 1

145 1
291.2
358.6

133 8
297.1
281.2

93 1
326. 1
379.7

149 0
423. 0
403. 7

127 8
416.4
367. 4

129 0
382.6
336. 9

128 6
349.7
273. 5

131 3
324. 7
302. 5

150 3
365.0
330.0

150 8
490 5
372 0

151 5
383.8
299. 2

150 9
337 8
300 8

163 0
335 2
345 8

116. 4

133.0

91.0

99.5

173. 5

200. 3

197. 1

180. 3

153. 2

142.8

135.8

121.1

90.2

71.6

1, 596. 8 1, 523. 5
539. 3 594.2

3

1,653.9

3

665.0

75.9
154

73.6
148

i 149

i 151

155

12.4
2.2

12 A

13.3
3.0

2.6

76.8
153

990 6 1, 252. 9 -2008. 2
384.3
565. 2 :i 779. 4

59.5
127

77.4
142

82.5
154

11.1
1.9

12.8
3.3

13.7
2.9

52.1
154

52.6
146

56.9
167

13.3

12.4

13.5

2.3

2.6

3.4

81. 5
160

71.7
144

73. 0
151

12.7

12.1

2.5

2.1

154

r
2
3
Revised.
i Quarterly 4 average.
For month shown.
Data cover 5 weeks;
other months, 4 weeks.
Data cover 6 weeks.
9 Includes data not shown separately.
AProducers' stocks, elsewhere, end of July 1964, 22,900 tons.
*Ncw series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Convectors,
90 to 95%; radiators and baseboards, 80 to 85%.
cfIncludes data for built-in gas fired oven-broiler units; shipments of cooking tops, not

included in figures above, totaled 29,100 units in May 1964.



1872. 7 1, 799. 8 41,772.0 1, 413. 3 1,367.9 31 f]39 i 1,337.4 1 410 7
630.1
731.1
621. 4 4690.0
751.5 3 877. 9
712.7
584.2

52.4
163

51.4

14.9

14.4

15 2

2.8

2.8

3.6

90.5
3

1 770 9 »p 1078.1
520. 9
3 835. 5

53.9

159

154

tAs reported by the Industrial Heating Equip. Assoc. for member companies, includin
orders (not shown separately) for indust. ovens, atmosphere generating and combustio:
equip., and miscel. items. Monthly data back to 1958 are available.
©Revisions fo
1962 appear in the June 1964 SURVEY.
{Revisions for 1962-63 appear on p. S-34 of the Apr. 1964 SURVEY,
§ Radio production comprises table, portable battery, auto, and clock models; beginniri
Jan. 1964, television sets include figures for color sets.
® See similar note, p. S-35.

SUEVEY OF CURRENT BUSINESS

August 1964

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

| 1963

Monthly
average

S-35

June

Aug.

July

1964
Oct.

Sept.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. 1,408
15G
Exports
.
do
Prices:
Retail, stove, composite
$ per sh. ton__ 28.63
13.050
Wholesale, chestnut, f.o.b. mine
do
Bituminous:
Production

r

r

1 , 522
279

1,455
286

' 1.124
212

r

1.606
420

' 1.574
407

r

29.39
13.361

28. 62
12. 565

28. 84
12. 775

29.04
12. 985

29.79
13. 510

r

r

1.615
319

* 1,535
309

1,527
248

1.311
149

1, 155
86

1,427
84

1,665
151

30.00
13. 510

30.54
14.420

30.95
14.420

31. 35
14. 490

31. 40
14.490

31.40
14. 490

31.40
13.195

30. 30
30.69
13.195 v 13. 195

1, 822
345

1 , 789
171

35,178

37,667

38,862

27,629

41, 650

39,710

44,195

38,228

38,491

40, 430

34, 790

36, 790 r 37, 490 '38,270

40, 21 5

Industrial consumption and retail deliveries,
total 9
thous. sh. tons., 32,314
15, 903
Electric power utilities
do
14,006
Mfg and mining industries, total
do
Coke plants (oven and beehive).
do. _. 6,188

34, 106
17 490
14 668
6,474

31,401
16,191
14,426
6,948

31, 615
17 053
13, 64P
6, 545

32, 470
17, 649
13.583
6,112

31.596
16 566
13 405
6. 039

33,814
17 593
14 612
6,370

34,388
17,783
14,615
6,241

40,199
9
0 727
16 329
6 570

39, 768
20 389
16 411
6 789

36, 755
18 732
15, 525
6, 540

36, 439
18 465
16 097
7,014

33,211
17 997
14 564
7 346

2, 349

1 962

703

841

1 153

1, 536

1 511

1 905

3 118

2 968

2 496

1 872

Stocks, industrial and retail dealers', end of
month, total 9
thous. sh. tons.. 67, 960
46,665
Electric power utilities
do
20, 845
MTg and mining industries total
do
9,044
Oven-coke plantsdo

65, 692
46 139
19 103
7,373

67,638
46, 799
20 381
8,202

63,318
44, 625
18 199
6, 386

67, 002
46, 912
19, 555
6,919

69, 388
49, 138
19 712
7, 290

72, 708
51,722
°0 4°3
7,912

73, 383
52, 383
20, 391
8,054

70, 083
49 314
20 270
8, 014

66, 536
46 422
19 659
7,780

64, 4HO
44, 961
19 121
7,900

63, 041
43, 71 7
19 070
8,299

449

450

458

494

535

538

563

609

499

455

348

3,201 3 923
Exports
do
Prices:
17.30
Retail, composite
$ per sh. ton-17.46
Wholesale:
i 4. 918 2 4. 748
Screenings, Indust. use, f.o.b. mine
do
* 7. 443 2 7.014
Domestic, large sizes, f.o.b. mine
do

4,110

3, 685

5, 325

5, 266

5, 029

4.500

3 536

3 152

3 065

thous. sh. tons__

Retail deliveries to other consumers

Retail dealers

COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§
Stocks, end of month:
Oven-coke plants, total
At furnnce plants
At merchant plants
Petroleum coke
Exports

do

do

thous. sh. tons__
do
do
do
do
do
do
do

518

569

65, 043 '68,619
45 045 r 47 886
420
19 743 2()
8,411 r 8, 841

70, 697
49 331
91 ()()9
ft' 372

1 030

9

r

54

255

313

357

3 028

3, 523

4 551

1 617

17. 31

17.23

17.04

17.13

17.13

17. 46

17.69

17.73

17.83

17.89

17.89

17.89

17. 76

4. 753
6.633

4.757
6.813

4. 752
6.886

4.752
7. 061

4.745
7.231

4.748
7.257

4.748
7. 257

4.726
7.276

4.731
7.221

4.731
7.026

4.807
6.524

»• 4. 832 P 4. 832
' 6. 482 p 6 511

96
4 734
1 390

84
4 467
1 407

80
4 900
1,385

79
4 157
1 350

83
4 391
1.367

78
4 989
1 355

82
4 540
1 457

82
4 6fii
1 440

78
4 485
1 343

87
4 891
1 457

87
4 855
1 366

r 5 1Q9
1 409

' 2, 998 r'2,607
1,r 947
2 298
660
700
i r?9
1 200
63
38

2,618
1,952
666
1, 157
44

2,730
2,089
641
1, 152
39

2.801
2,185
616
1 171
33

2, 888
2,304
584
1, 195

2,899
2, 379
590
1,381
41

2,881
2 394
486
1 297
19

2,831
2 380
451
1 284
19

2, 672
2 253
418
1 313
23

2.X7
2 141
496
1 329
27

2,421
2 008
413
1 359
25

1,633
2.92
266.9
86

1,480
2. 92
26l'o
87

1, 768
2 92
269 3
87

1, 567
2.92
273 3
88

1,628
2.92
256 8
89

1 564
2.92
269 9
87

9

68
4,258
1,312

3,899
2,796
1,103
1.053
33

33, 054 '32,702
16 666 r 16 757
1.5, 302 !5 324
7,044 r 7, 537

81
4 449
1 344
T

r

'90

78
o 036

2, 337
1 909

2, 283
1 864
419

r

499

1 379
83

1,127

30, 350

40

PETROLEUM AND PRODUCTS
Crude petroleum :
Oil wells completed
Price nt wells (Okla.-Kansas)
Runs to stills
_
Refinery operating ratio

number
$ per h n l _ _
mil bbl
% of capacitv.

All oils, supply, demand, and stocks: t
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

1,781
2.97
255.8
84

3

1, 691
2.93
264. 2
87

1,542
2.93
263.6
88

1,860
2. 93
272.7
88

1,809
2.93
273. 5
88

1, 725
2.93
260 2
87

1 566
2.92
58 4
r 84

i 557
2. 92
267 6
84

317.4

327. 6

312 9

333.7

333. 1

316 8

331.8

322 5

336 7

363 1

326 0

345 7

335 4

334 3

223.0
31.1

229.4
33.4

296 9
31.9

235 1
33.3

236 8
34.0

995 2
32.8

233 6
34.1

926 3
34.3

9

32 8
35. 6

238 1
36.4

9

24 5
34.1

240 6
36.' 0

93Q 1

34.0

235 8
34.4

34.3
29.1
1.0

34.4
30.4
.1

31 9
22 3
19.7

38 2
27.0
19.3

36.7
25.5
12.3

34 9
23 9
11.0

31 4
32.7
11.7

34 2
27.6
2.9

30 3
38 0
-54.9

3Q 6
49 0
-22.8

32 2
35 2
-9.9

36 9
32 2
6.4

33 i
35 2
8.8

36 0
28 2
24.7

396 6

309 7
2
5 7
303. 8
144 9
11 1

do

316.4

327. 5

293 2

314 4

320 8

305 8

320 1

319 6

391 6

385 8

335 9

339 4

do
do
do
do
do

.1
5.0
311. 3
132.1
13.7

.1
6.2
321.2
4
136. 2
4
14. 4

1
54
287. 6
140 7
98

2
5.9
308.3
150.0
10 9

.2
6.4
314.3
151 1
12 4

1
0
7
0
3

2
6.0
313.8
142.0
12 5

1
6.5
313.0
132.9
15 4

2
6 3
385.1
134 7
21 9

1
7
0
5
2

I
4 8
331.0
121 8
17 7

9

6 0
333. 1
135 5
15 2

1
6 4
320. 1
1409 6
I 6

Distillate fuel oil
Residual fuel oil
Jet fuel.

do
do
do

61.0
45.5
9.4

462.3
445.1
9.7

39 7
35 0
8 7

40.3
36 2
10 8

43 0
36. 1
11 8

50 5
35 6
10 2

49.5
41 8
10 9

61.5
43.8
9 1

102 2
60 4
88

96 1
66 4
Q 7

81 5
53 4
8 4

73 4
49 7
9 5

59 6
48 2
10 3

46 8
37 5
10 4

Lubricants

do
do

3.6
9. 5
21.3

3.6

Liquefied gases

419.5

3.8
13.8
14 8

3.7
16.5
17.0

4.0
16. 2
17.2

3.4
14.6
16 1

4.3
14.2
17.6

3.3
6.9
20.9

2.9
4.1
29 5

4.0
3.3
27 8

3.4
3.3
22 2

3.8
4.3
19 9

4.4
7.1
16 9

3.6
11.9
15 8

Stocks, end of month, total
Crude petroleum
Natural-gas liquids
Refined products

do
do
do
do

820 6
248 1
35.2
537 3

831 1
246 9
33.8
4
550 4

833 4
9 ^o n
35. 4
547 Q

852 7
250 0
38.8
563 9

864 9
249 1
41.4
574 5

875 9
48 3
43.1
584 6

887 6
245 5
43^8
598 3

890 5
244 4
42.1
604 0

835 6

33.7

28.4

27.4

29.9

34.1

38.9

Refined petroleum products :J
Gasoline (incl. aviation):
Production
Exports
Stocks, end of month

do
do
do

131.9
.5
188.6

4135.7
.6
192. 8

136 8

141 5
5
184.7

144 0
5
178. 3

l'^5 7

138 2
8
178.3

135 6
7
181. 3

144 1
q
190.9

142 4

181.3

203.2

133 0
4
215. 1

140 1
8
220.4

133 9
4
214.7

210.9

Demand, total
Exports:
Crude petroleum
Refined products
Domestic demand, total 9
Gasoline-.
Kerosene

Prices (excl. aviation)
Wholesale, ref. (Okla., group 3)
$ per gal..
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal..

4

4

192.6




9

907

Kf\A

6
379.
130
21

D-l 0

0

C

OAQ

9

o/m' i

A

Q

.113

.109

.125

.115

.108

.115

.110

.090

.105

.105

. 100

.100

.095

. 105

p. 103

.204

.201

.208

.208

.208

. 200

. 197

.201

. 204

.196

.199

.199

.195

.196

.207

" Revised.
v Preliminary.
Monthly average based on Apr.-Deo. data.
2
Data beginning Jan. 1963 not entirely comparable with those for earlier periods
3 Beginning Jan. 1963, data exclude condensate wells formerly included
* See note 1 for p. S-36.
1

7
298.
134
13

P 2. 92

9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
t Re vised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p, S-34—© Beginning Jan. 1964, excludes sales
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.

August 19(54

SUEVEY OF CURRENT BUSINESS

S-36
1962

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

1963
June

July

Aug.

Sept.

1964
Oct.

Nov.

Dee.

Jan.

Feb.

Mar.

Apr.

May

June

July

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products — Continued
Aviation gasoline:
Production
_ _ m i l . bbl_
Fxports
^°

10.2
.4
10.5

10.4

10 9
11 6

11 0
3
10 4

11 2
.3
9 5

9 5
.5
9 6

10 0

10.7

9 3

9 8
5
8 8

10 8
6
9 4

10 0
4
9 7

10 0
2
10 8

10 6
6
10 3

10 2
2
10 3

10. 5
.4
9.9

13.1
30.6
Stocks end of month
-do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gal .104
Distillate fuel oil:
Production
mil. bbl _ 60.0
1.0
Imports
- - do __
7
Fxports
-do
Stocks end of month
do_ _ . 133. 4
Price, wholesale (N.Y. Harbor, No. 2 fuel)
.092
$ per gal_Residual fuel oil:
24.6
Production
mil. bbl
22.0
Imports
- --do __
1.1
Fxports
-_ _ - -- - -do
46.6
Stock^ end of month
do
1.58
Price wholesale (Okla No 6)
$ per bbl
Jet fuel' (military grade only) :
8.6
Production
mil. bbl
8.7
Stocks end of month
- do
Lubricants:
5.1
Production
- do_
1.5
Fxporfs
-do _ _ .
12.8
Stocks end of month
do
Price, 'wholesale, bright stock (midcontinent,
.261
f o b Tulsa)
- $ per gaLAsphalt:
9.1
Production
__
_. mil. bbl..
16.3
Stocks end of month
do - ..
Liquefied petroleum gases:
6.4
Production
-do
14.9
Transfers from gasoline plantr
do
Stocks (at plants, terminals, underground, and
33.6
at refineries) end of mo
.mil. bbl .

1
13 8
131.7

11 7
32.3

I9 9
35.2

1? 5
36.2

12 2
36.0

14 9
39.1

14 8
39. 1

16 2
34.1

17 3
30.9

14 7
28.5

14 3
28.5

12 5
29.1

11 7
30. 5

.4

Kerosene:

Asphalt and tar0 products, shipments:!
\snhalt roofin " total
thous. squares
f
Roll roofin^ and cap sheet
^v
Shingles all types
- ( lo
f

\sphalt sjdin^
Insulated sidin cr
Saturated felts

lo
do
-thous. s h . t o n s -

1

.5

.5

.102

.101

101

101

.096

096

099

104

104

104

099

096

. 094

163.8

60 1

62 4

63.2

63 9

135. 8

r>3 4

1.0
145 9

F,3 3
.6
1.1
1 65. 2

1.4
177 2

1. 1
191 4

62 9
1.0
1. 3
192 6

65 8
.8
.4
156 7

67 5
1.6
1 2
128 5

62 8
1.1
.4
110 5

61 7
.9
.6
99 2

57 6
.8
.3
97 8

60.8
.7
.3
112.2

099

091
9

.8
1.2

i 23.1
22.9

.7
1.0

i8

.9

.091

091

.086

?1.8
16.9
1.4
5° 5
1 55

21.5
15.7
1. 7
52. 6
1.55

086

089

094

094

094

.089

086

084

p. OS3

23.2
1.0
54.4
1 55

22 5
20. 7
1. 8
52.2
1 55

25 0
31.6
1.3
47. 5
1 55

25 8
39 7
1.6
45 4
1 80

22 7
29.2
1.0
43.3
1 65

22 3
24.7
1.7
39.1
1.50

21 9
9
80
2.0
38 5
1 35

20. 8
19.8
1.4
40.5
1 35

P 1.35

9

io

148.6
1.57

15.3
1.0
48. 1
1 55

21 7
18.1
1.1
50.9
1 55

8.3
9.4

9 o
10 2

9 1
10 2

8 9
9. 6

8.5
9.3

7 8
8.6

8 3
8.9

7 8
8.5

7 8
8 5

70
9.0

9 1
9.9

89
99

9. 5
9.3

5.3
1.5

5 3
1.3
13 4

5 6
1.8
13 4

5.4
1 5
13.4

5.4
1.6

13.8

5.4
1.5
13.4

5.3
1.4
14.0

5.0
1.8
14.3

5 2
1 2
H 3

4.8
1.4
14.3

5.2
1.4
14.4

5 3
2 0
13 3

5.4
1.3
13.8

.270

270

.270

°70

.270

.270

. 270

. 270

. 270

.270

.270

70

270

9.3
16.7

12 1
1Q 8

12. 9
16.8

13. 2
14. 5

12.4
12.8

11.3
10.4

8. 2
11.9

6.2
14.4

4.4
15 8

5.6
18.1

7.3
21.3

8.0
22 3

11.2
22 0

i 4.7
14.9

4.9
10.6

5.0
12.7

4.9
12. «

4.4

12. 1

4.2
13.5

4 o
16.5

5.0
23 3

5 0

4.7
17.1

5.2
15.0

4 8
19 3

5.2
11 5

i 30. 2

31.9

35. 5

38.5

41.2

41.8

39.4

30.3

24.3

22.9

M4

9

34.9

5, 367
1. 913
r

5, 372
2. 009
3. 303

6, 309
2. 167
4,142

7, OS4
, 746
4. 938

6, 954
2 602
4. 352

6.419
2 450
3, 969

7 114
2. 764
4, 35D

4 604
1.810
2. 794

3 103
1 214
1 88S

3 134
1 913
1 920

4 521
1 610
2,911

4 705
1,777
2 928

5 719
2 04°
3 677

67

66
70
82

58
81
89

78
100
95

81
93
83

102
102
98

85
56
74

5°
37
60

43
31
67

60
36
88

48
44
78

50

3. 4. »4

1.3

13.7

82

9

78
93
109

p. 093

9

9 4
r

6 991
2 389
4 532

r

v 270

7 5%
M5
5 010

0

r 49

55

8°

95

PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks, end of month
Waste paper:
Consumption
Stocks end of month

thous. cords (128 cu. ft.) -do
do
_

thous. sh. tons
__ __do_

WOODPULP
Production:
Total, all grades
thous. sh. tons_.
Pissolving and special alpha
_
do .
R til fate
- -do
Sulfite
-do
Ground wood
do
_
Defibrated or exploded
._ ._ _ _ d o __
Soda, semichem., screenings, etc
do
Stocks, end of month:
Total, all mills
do
Pulp mills
-- _. _
...do . _
Paper and board mills
do _ Nonpaper mills
do

3. 068
3, 673
5, 225

3. 816
3, 847
5,124

3,574
3,860
4, 652

3, 656
3 555
4,819

4, 370
4 150
5, 180

3,945
3,754
5,118

4 335
4 102
5, 353

3 8'M
3 975
5.116

3 495
3 626
4,' 976

4 030
4 055
4, 936

4 175
3' 906
4,981

4 157
4 196
4,987

3 843
4' 119
4, 690

3 9^2
4' 213
4^428

756
498

729
501

742
509

663
529

769
515

737
494

797
506

710
-465

668
514

741
490

748
477

799
470

891
476

803
40«

2, 326
106
1,358
214

2,453
114
1,458
224

2,397
122
1,424

2,308
108
1,361

2, 576
121
1, 549

2, 390
106
1.416

2,593

211

2. 631
124
1 555
°42

2, 283
97
1 357
9
29

2, 605
138
1 528
2'-H

2. 530
125
1 509
924

2,667
127
1 608

949

2. 706
106
1 634
9
46

2,821
199
1 729
241

283
104
261

276
113
251

274
111
245

9

2
2

289
117
251

95
120
262

280
124
253

310
125
274

308
r}4
9

280
106
215

327
124
257

304
127
241

320
129
241

330
199
260

335
131
256

878
297
509
72

3

713
372

721
256
380
85

721
959
378
90

706
?43
381
82

707
246
384

9

3

731
64
394
73

717
235
408

739
266
396
78

74 5
966
399
80

759
271
403
84

130
489
8
249
''1

198
55
73

106
38
68

142
49
93

132

1°0
49
78

235

19

991

9Q4

9( )(5

236
9
2
214

3,314
1 481
1 529
11
293

2. 973
1 375
1 334
10
254

210

209

78

721
279
364
79

Exnorts, all grades, total.
Dissolving and special alpha
All other

. - do
__do .__
do

99
40
59

118
44
75

108
37
71

120
39
80

Imports, all crades, total.
Dissolving and special alpha
All other

do _ .
do
do

232
23
210

231
210

256
24
231

229
21
208

Paper and board:
Production (Bu. of the Census):
All grades, total, seas, adj
thous. sh. tons.All grades, total, unadjusted
do
Pa;>er _ _
do ___
Panerboard
_
_-do.
Wet-machine board, __
do
Construction paper and board
do

3,137
1, 382
1,458
14
284

3, 250
1, 436
1,507

3,273
1,408
1,544

3,014
1 31 9
1,387

___

263

99

229

220
16

41
76

r'Q

1 551
' 930

61

9

58
2']

4'i

89

9

1H

747
65
387
94

771
86
394
90

9

9

139
55
83

1 30
46
92

143

994
21
203

9
t>5
93
949

228
9
6
202

92 5
18
208

3, 276
1 448
1 533
11

3. 477
1 515
1 639
12
318

3, 553
1 547
1 662
11
333

3, 511
1 518
1 648
11
333

r. r.

197
40

ou

93
°33

PAPER AND PAPER PRODUCTS

3,456
1,508
1, 605

11
11
13
9
296
309
333
306
T
Revised.
v Preliminary.
1 Beginning Jan. 1963, data for the indicated items exclude
certain
oils which have been reclassified as petrochemical feedstocks.
2
Effective Jan. 1963, "screenings, etc." included with "defibrated or exploded."
3
Effective Jan. 1963, excludes stocks of "own pulp" at paper and board mills.




3, 200
1 387
1, 496
11
306

3.514
1 54()
1 690
12
343

3, 395
1 535
1 563
11
286

284
± Re vised monthly data for 1962 for petroleum products appear on p. 28 of the June 1964
S T R V E Y ; revisions for 1962 and for 1963 (also shown above) for asphalt and tar products appear
on p. 32 of the Apr. 1964 S F R V E Y .

SURVEY OF CURRENT BUSINESS

August 10C4

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1963

Monthly
average

S-37
1964

1963

Tune

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

101.4
109. 9
96. 5
94.4

July

PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and hoard— Continued
Ne\v orders (American Paper and Pulp Assoc.):
A l l Grades, paper and hoard
thous. sh. tons-_
Wbolesale price indexes:
Printing paper
1957-59 = 100.
Book y) a per A gra.de
do
Paperboard 9
do

r

3, 131

3,268

3, 265

3,170

3, 424

3,308

3,523

3,193

2,913

3,458

3, 298

3, 499

3 554

101.4
107.6
93.1
97 2

101.4
107.4
94.7
96.2

101.4
107.4
94.1
97.5

101.4
107.4
94. 1
97.5

101.4
107.4
94.1
97. 5

101.4
107.4
94.1
97.6

101.4
107.4
96.6
96.9

101.4
107.4
96.6
95.1

101.4
107.4
96.5
95.2

101.4
107.4
96. 5
95.2

101. 4
107.4
96. 5
95.0

101.4
109.0
96. 5
93.7

101. 4
109. 9
96. 5
93.5

101.4
109.9
96. 5
- 94. 4

166
88

174
99

170
92

164
103

179
102

171
103

192
108

173
100

157
90

185
85

184
93

-184
-83

-197
-92

199
92

Selected types of paper ( APP A) : t
Fine paper:
Orders new
thous sh tons
Orders unfilled end of month
do
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of month

do
do

170
168

177
174

178
175

159
160

185
187

177
170

190
190

180
179

169
153

187
183

183
187

r 191

-196

-188

r

192

196
197

do
do

412
370

454
394

454
424

432
396

457
395

472
410

484
394

443
378

414
375

499
383

449
368

497
-397

-483
-391

480
396

Production
Shipments
Coarse paper:
Orders new
Orders unfilled, end of month

do
do

409
409

445
445

445
445

412
412

471
471

439
439

478
478

457
456

426
425

481
481

446
446

467
467

- 475
-475

472
472

346
154

355
164

334
151

323
153

369
167

366
182

383
185

364
180

329
154

370
160

360
167

r372

r 365

-161

-145

359
143

do
do

350
343

353
350

328
327

311
311

372
363

340
356

373
366

377
370

339
341

370
369

362
354

-369
-373

-373
-372

370
364

do
do
do

f,58
557
249

553
552
268

539
565
278

551
575
255

586
576
265

551
580
235

630
638
227

613
611
229

535
578
186

564
533
217

549
491
275

566
540
301

625
664
261

610
594
277

610
652
240

do
do
do __

179
180
39

185
184
37

181
177
40

173
183
31

191
178
44

164
172
36

194
193
37

190
189
38

180
184
34

198
189
43

174
186
32

190
193
29

192
197
24

201
192
32

194
192
34

Consumption by puhlishersc?
do
Stocks at and in transit to puhlishers, end of
month cf
thous sh tons

465

465

483

421

4«

490

5^9

524

455

452

518

528

550

496

586

588

561

615

632

606

588

559

545

569

572

550

541

511

529

Fin ports
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh ton

456

451

448

497

455

455

522

463

536

444

409

473

475

470

513

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

i 357
518

326
572
319
78

385
574
381
91

363
611
355
86

385
622
387
92

357
545
373
90

316
494
325
75

363
537
349
88

387
538
386
91

381
532
384
92

387
519
386
90

do
_ do __

Production
_ _ _
Shipments
Newsprint:
Canada:
Production
Shipp'ents from mills
Stocks at mills end of month
United States:
Production
Shipments from, mills
Stocks at mills, end of month

Paporboard (National Paperhoard Assoc.): §
Orders, new (weekly avg.)
thous. sh. tons__
Orders, unfilled, end of month
... _ _ d o __
Production total (weekly avg )
do
Percent of activity ('based on 6.5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
shipments©
mil. S Q- f t. surf. area-Folding paper boxes, shipments, index of physical
volume
- 1947-49=100,

1

340
461
i 343
85

" ll

367
472
370
89

10, 182

10,711

10,508

10, 13r>

11,903

10,848

12,482

10,649

9, 870

10, 833

10,460

11,039

124.1

126. 1

123. 9

120. 3

135.5

129.6

141.7

119. 8

130.8

124.4

114.3

123.1

39. 59

36. 66

39. 80

40. 68
64. 74
28. 79
. 259

A

134. 40 "134. 40
399
565
391
90

395
587
390
90

361
624
351
81

1 1 , 520

11,399

11, 284

11,198

126.9

*>119 9

RUBBER AND RUBBER PRODUCTS
RUBBER
N a t u r a l rubber:
Consumption
thous. Ig. tons..
Stocks, end of month
do
Imports, inch latex and guayule
do
Price, wholesale, smoked sheets (N.Y.)~-$ perlh..
Synthetic rubber:
Production
Consumption
Stocks, end of month
Exports

thous. Ig. tons
_ _ _ _ _ _ _ _ do
do
do

Reclaimed rubber:
Production
Consumption _ Stocks, end of month

_

.

do
do_
do_

38. 56
68. 47
35. 13
v . 285

131.20
10 1.66
257. 15
25. 31

_

23. 38
21.95
29. 77

38.10

36. 28

72.70

77.76

31. 63
p. 263

25. 57
.270

134.04
108.90

132.99
103.54
281.72

281 . 05
23. 60
23. 45
21. 97

30.30

32. 92
75. 19
25. 72
. 265

35. 55
73. 00
31. 6«
. 253

36.31
68. 88
26. 24
. 230

42. 59
64. 30
30. 5X
. 255

130.78
92.34

127.30
100.42
296. 21

20. 04

296. 76
24. 00

27.27

292 20
21.33

22 79
21.43
29. 65

21.12
17.92
32. 12

20. 11
19. 27
31.22

22.42

26. 00

21.65
31.35

25.06
30.88

124.59
105.70

129.86
127.89
975 28
22. 5 1

35. 29
61.32
27. 09
. 258

134.81
109. 2<>
275. 28
22. 90
21.25
20. 65

29.78

35. 75
60. 58
28.61
. 240

62.44
38.78

64.34

64.97

. 235

26. 30
23 6

41. 75
. 256

24.86

143 59
120 74
279. 51
24. 00

140. IS
111 1 9
283. 20
28. 80

285. 88
27. 05

22. 17
20. 15
31.19

25.11
22. 99
31. 47

21.75
20. 75
30. 51

141.05
107.54
283. 01

140. 27

116.69

146.22
121.85

39. 36
69. 08
44. 07
. 254

150.31

8f 1 9
27 8"

IIS. 4<)
293. 17
24. 66

21. 03
2? 59
30. 37

24. 50
24. 20
30. 42

23. 96
9
3 10
29. 76

9

41.37
67. 14
31.24
. 251 """."246
1 16. 94
1_>3. 71
•'93 02

24.98

22'. 30
30. 92

"I

TIRES AND TUBES
Pneumatic casings:
Production

thous

11, 156

11. 594 -11, 186

10. 182

9,368

10, 540

13,469

1 1, 502

11.496

12, 681

11,835

12, 503

13, 331

13,214

14, 041

Shipments, total
Original equipment
Replacement equipment
Export

do
do
do
do

11,055

12. 681
3, 507
9. 044
131

9, 558
1. 606
7,819
132

11,232

14,021

3. 562
7. 552
117

10,491
4.470

14, 517

8,194
110

4, 542
8, 907
126

4,652

5, 888
134

14, 117
4, 854
9,1 HO
133

13,576

158

10, 406
4, 067
6, 209
130

1 1, 996

8,700

10, 746
4, 306
6, 263
117

12, 640

3, 495
7, 430
130

11, 551 -11,924
3, 919 - 4. 084
7, 503 -7,710
-130
129

Stocks, end of month
__
Exports (Bu . of Census)

do
do

27. 086
89

29, 978 -31,327
82
78

28. 830
97

28, 652
81

27, 889
78

27, 469
86

28, 272
82

29. 407
73

29, 544

31, 090
85

31,658
78

31,091

31,011

92

lot;

30, 644
105

do
do
do
do

3, 403
3, 442
8, 913
81

3, 021
3, 650
9,818
90

2,792

2,860

3,408

3, 032
9. 576
61

3, 115
9,180
82

3, 506
9, 155
85

3,914
5, 415
8,201
55

3, 673
3, 613

3, 837
3, 381
9,020
51

3, 956
3, 392

3, 591
3,117
10, 172
64

10, 471
73

[nner tubes:
Production
Shipments
Stocks, end of month
Exports (Bu. of Census)

3, 305
3.183
3, 398 - 2. 926
9, 462 - 10, 457
76
62 j

- Revised.
* Preliminary.
1 Weekly average for year.
9 Revisions lor 1961 are available upon request.
t Monthly averages for 1962 for new orders, production, and shipments reflect revisions
;o adjusted annual totals; revisions by months not available.
rf As renorte.d bv rmhlishers accounting for nhont 74 R ne.rcent of t.nt.al np.\vsnrint. orm-




5, 163

2, 827
2, 958

3. 138
2, 799

9,088

9,529

77

75

4,337

77

8,424
72

4,402
7,478
116

9,587
78

9. 718
146

3, 699

3,475

sumption in 1962 and 74 percent in 1963 and 1964.
§ Revised to reflect weekly averages for new orders and production, and percent activity
on basis of 6.5 days per week; comparable data prior to 1962 will be shown later.
©Revision^
by months for 1962-Feb. 1963 will be shown later.

SURVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 19G3
edition of BUSINESS STATISTICS

1962

1963

August li>64
1964

1963

Monthly
average

June

July

Aug.

Sept.

Oct.

Dec.

Nov.

Jan.

Feb.

Mar.

Apr.

May

June

July

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement
Porpont of capacity
Shipments finished cement
Stocks, end of month:
Finished
Clinker

thous. bbl__ 28,027
thous. bb1_

29, 441
74
29, 354

34, 992
89
35, 431

36, 802
91
39,145

37, 452
93
40.257

34, 682
88
36, 547

36. 624
90
41,352

30. 377

75
27, 893

77
26, 317

23. 993
59
16. 958

18,931
46
17 425

19. 729
51
17,597

24. 697
61
22 722

29, 493
75
29,178

34,417
84
35 511

36, 185
92
38 750

-- do
do

36, 720
24,160

38, 029
23, 072

40. 322
27. 332

38, 057
23, 884

35, 209
19, 774

33, 236
17, 400

28, 485
13, 631

32, 491
13. 820

39, 556
16, 793

41 047
21. 741

43, 180
25. 610

45,152
29, 242

45, 462
30, 667

44 368
29, 580

41 860
27, 184

576. 1
35. 2
142. 8

617.1
32.0
145. 6

691.8
36.3
171.5

747 . 4
39.7
176. 1

745. 3
35.6
186. 9

684.3
30. 9
171.1

34.1
186. 4

620.4
26. 2
135. 1

431. 1
23. 4
94.8

424. 1
27.1
93 4

446. 5
25.1
101.3

590. 8
29.6
137. 5

33.6

29.7

32.7

32. 4

33.1

29.7

35.7

90 9

25. 8

22 8

21 9

26.4

21.1

9

2 2

23. 5

23. 3

24.5

22. 8

25.3

21.5

19.1

21.0

20. 6

24. 6

104. 9

106. 1

106. 4

106, 4

106. 4

105. 8

105. 8

105. 9

106. 1

106. 1

107. 1

107. 1

Flat glass,mfrs.' shipments (qtrly. average or total)
thous $
^heet (window) glas^ shipments
do
Plate and other flat glass, shipments
do...

71,497
31,612
39, 885

78, 274
35, 370
42, 904

75. 501
32, 976
42, 525

ninss containers:
Production

thous. gross-

14, 655

15, 166

16, 214

16.202

17,095

14,P03

15,677

14.271

12, 712

14. 424

14, 704

15,877

16, 391

16, 776

17, 652

- . do

14,319

14, 730

15, 866

15,601

17,741

14. 805

15. 497

13, 283

13. 382

13, 714

13, 397

15,377

16. 514

15, 283

16, 967

1.582

1,602

1,396

1,863

2, 290

2 765

1 838

1, 186

1 204

1 331

1 °94

1 508

1 64?

1 367

1 455

4,110

4, 100

4,031

4. 048

5, 275

4,124

4, 633

3,847

3. 848

4, 181

4,034

4,134

3,911

4.040

4, 355

CLAY CONSTRUCTION PRODUCTS
Shipments:
"Rrick, 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 un glazed
mil brick equivalent.
Floor and wall tile and accessories, glared and unpla/ed
mil. sq. f t _ .
Price index, brick (common), f.o.b. plant or N.Y.
dock
1957-59 = 100..

r

679 3
31.7
151.8

739 8
32 6
166 4

27 8

9'^ 9

r

25. 5

23 9

107.3

107.3

107.1

GLASS AND GLASS PRODUCTS

Shipments, domestic, total
General -use food:

Wide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars)
thous. gross..

80. 857
38. 766
42, 091

r

89 29X
41 314
47. 984

r

78. 211
32, 610
45, 601

80, 644

35 '^72
45, 372

Peverasre
Peer bottles
Liquor and wine

do
do
do

1, 187
2. 183
1,269

1,350
2, 453
1,295

2, 141
3.215
1,319

1,969
3. 264
1.060

1.430
2. 983
1,338

858
1 . 971
1.337

921
2, 157
1. 643

959
2. 101
1.323

1 , 382
2 9^6
1, 226

845
2. 054
1,286

987
2.137
1, 293

1,422
2, 683
1, 413

1,700
3, 542
1,392

•> 105
1. 379

2 395
3. 543
1. 425

Medicinal and toilet
._ ._ _
Chemieal household and industrial
Dairy products

do._.
do
do

3, 066
786
134

3. 061
742
127

2. 867
789
108

2. 588
686
1°3

3,431
Sl'>
182

2. 933
679
138

3. 401
765
139

3, 095
648
124

2. 704
584
148

3. 263
639
115

2, 956
602
94

3, 364
751
102

3, 490
699
138

•' 890
590
90

3, 089
637
104

do .

22, 921

25, 533

26, 086

26. 401

26. 006

25, 151

25. 564

26 315

25. 540

26 067

25, 893

26, 136

25, 633

26. 948

27, 294

Stocks, end of month

__

GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons

1 , 355

Calcined production qtrlv nvg or total

do

Gypsum products sold or used, qtrly. avg. or total:
Tin calcined uses
thous sh tons
Industrial uses
do
Building uses:
Plnsters:
P>flc:p-P0at

C]Q

\11 other (incl Keene's cement)

do

I/atli
NVallboard
All other§

mil sq ft
do
do

1, 372
2 561

2 750

1.566
9 qf)9

1. 375
2 425

1,397
2 377

1, 280
9 733

2, 403

2, 518

2 226

2 209

2, 437

1, 250
72

1,263
70

947
69

822
73

1,200
75

283
260

•?84
°89

232
240

237
217

396 2
401.3
1, 657. 9 1, 777. 4 1,832.2
58.9
62.0
68. 8

437. 0
1,994 8
69. 0

365 6
1 730 1
60 9

365. 7
1 721 1
51.6

2 4(;2

r

2, 205

2, 295

1,012
67

' 1, 035
70

256
257

259
250

r

r

1
'

''69
954
391 8
1 905 7
73 8

TEXTILE PRODUCTS
WOVEN FABRICS
\Voven fabrics (gray goods), weaving mills: 0
Cloth woven, total...
_ _ mil. linear yd.
Cotton
do
Stocks., end of year or mo., totaled
___do
Cotton cf lo
Orders (unfilled), end of year or mo., total V lo
Cotton 1 .
_..
lo

975.5
760 2
1,488.0
1,192.5
2, 472. 3
1,848.9

981. 9
756 9
1, 509. 3
1, 176. 7
2, 491. 5
1, 800. 8

929. 4
710 0
1. 518. 0
1, 165. 0
2.311.0
1,672.1

i1 923. 2
71 0 7
11,491.5
U,133.6
12,436.3
U,760.3

934.
4
79() 9
1,506.1
1,158 5
2. 506 4
1, 798. 8

245

' 1,326

939.8
719 1
1, 505. 0
1,104. 0
2, 546. 1
1, 848. 8

1 11,179.7
915 3
i l , 475.7
11,149.9
12,827.9
'2,023.4

957. 0
736 3
1,494.5
1 168 0
2. 968. 9
2. 127. 1

887. 1
684 2 i 893 8
741 3
733 0 i ggg 5 799 i
1. 564. 0
1 235 6 il 157 1 1 131 4 1,116 5 1 1,081 4 1 087 1
2, 892. 8
2, 084. 8 ii.882~.5~ 1, 797. 4 I~682~2~ i~l.~555~8 i,"624.~8

r

3

COTTON
Cotton (exclusive of linters) :
Production:
GinningsA
thous .running bales
Crop estimate equivalent 500-lb. bales
thous. bales
Consumption O
__ _ _ .. do
Stocks in the United States, end of mo., total O
thous. bales _
Domestic cotton, total O
do
On farms and in transit
do
Public storage and compresses O
do
Consuming establishments
.. do_._
Foreign cotton, total O
do
T
3

214,864 215, 283
214,867 215 327
700
726
14, 696
14, 593
3,371
9,564
1,658
103

17, 741
17,613
3,492
12, 762
1, 359
128

4, 786 '10,055

12, 820

14, 070 415, 117

If
5

662

i 685

667

663

i 829

678

605

i 814

683

673

1831

687

683

11,893
11,794
283
10,183
1.328
99

11,216
11,123
280
9,647
1,196
93

24. 531
24, 395
13, 532
9,807
1,056
136

24, 046
23, 899
11,230
11,688
981
147

23, 360
23, 207
6,948
15, 209
1,050
153

22, 296
22, 146
4,391
16, 510
1,245
149

21, 170
21,019
2, 354
17, 260
1,405
151

19, 512
19. 373
1,218
16, 557
1.598
139

18,407
18, 277
1,066
15, 539
1,672
130

16, 957
16, 839
459
14, 664
1,716
118

15,700
15, 594
411
13, 582
1,601
106

14, 683
14, 588
387
12, 750
1,451
95

13, 712
13, 632
427
11,933
1 272
80

l
2
Revised.
Data cover 5 weeks; other months, 4 weeks.
Total crop for year.
Ginnings to Dec. 13. 4 Ginnings to Jan. 16. 5 Aug. 1 estimate of 1964 crop.
§ Comprises sheathing, formboard, and laminated board.
©Effective Jan. 1964, the manmade fabrics classifications were revised and the survey
expanded to include drapery fabrics; silk and chiefly silk mixtures were omitted from the
canvass. Because of apparent reporting problems in the synthetics, data for total fabrics are
being withheld; May 1964 figures for wool apparel fabrics (mil. yd.): Woven, 22.6; stocks,

34.0.



r

14 li

cf Stocks are those owned by weaving mills and those billed and held for others, excej
that stacks exclude denims stocks billed and held for others, and all bedsheeting stocks.
^Excludes orders for wool apparel fabrics and bedsheeting
ATotal ginnings to end <
month indicated, except as noted.
©Revisions for Aug.-Dec. 1962 are available; for stocl
monthly averages also reflect cotton released by GSA from the cotton stockpile (beginnin
July 1962).

SURVEY OF CUERENT BUSINESS

August 1!)G4

19G2

Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1963

Monthly
average

S-39
1964

1963

June

July

Aug.

Sept.

Oct.

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

490

400
6
31.7
33.4

May

June

July

TEXTILE PRODUCTS — Continued
COTTON—Continued
Cotton (exclusive of linters)—Continued
Exports
thous.balesTrn ports
do
Prices (farm), American upland
cents per lh_
Prices, middling 1", avg., 15 markets
do.._
Cotton Hnters:
Consumption©
Production!
Stocks, end of mof

321
363
11
12
131.7 P 2 31. 9
i 33. 5 * 2 33. 1

thous. bales.
do—
do

109
134
628

COTTON MANUFACTURES
Spindle activity (cotton system spindles):
Active spindles, last working day, total__thous . 18,797
Consuming 100 percent cotton
d o _ _ _ 16,754
9,911
Spindle hours operated, all fibers, total
mil.
458
Average per working day
do___
Consuming 100 percent cotton
d o . _ _ 8, 801
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
.660
20/2, carded, weaving
$ per Ib.
.938
36/2, combed, knitting
do__.
Cotton cloth:
Cotton broad woven goods over 12" In width:
2.312
Production, ntrly. avg. or totalt
mil.lin.ydOrders, unfilled, end of rno., as compared with
10.8
aver, weekly production
No. weeks' prodInventories, end of mo., as compared with avg.
5.4
weekly production
No. weeks' prod_.
Ratio of stocks to unfilled orders (at cotton
.51
mills), end of mo., seasonally adjusted -Exports
thous. sq. yd. 34, 691
38, 671
Imports
do
Mill margins
cents per !b_. 25. 24
Prices, wholesale:
39, 6
Denim, mill
finished
cents per yd
15.4
Print cloth, 39 inch, 68 x 72
do
17.0
Sheeting, class H, 40-Inch, 48 x 44-48 d o _ . _
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly. avg, or total©
mil. l b _ _
Filament yarn (rayon and acetate)
do
Staple, incl. tow (rayon)
do
Yoncellulosie (nylon, acrylic, protein, etc.)-do
Textile glass
fiber
do
Exports:
Yarns and monofilarnents
thous. lb_
Staple, tow, and tops
do...
Imports:
Yarns and monofilarnents
do
Staple, tow, and tops
do_~__
Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
mil. l b _ StapJe. incl. tow (rnyon)
do
Noneellulosic
fiberO
do_
Textile glass
fiber
IlllldoIIII
Prices, rayon (viscose):
Yarn, filament. 150 denier A
$ per Ib
Staple, 1.5 denier A
do
Manmade fiber broadwoven fabrics:
Production, qtrly. avg. or total 9 t--.mil. lin. yd
Rayon and acetate (excl. tire fabric)
do
Nylon and chiefly nylon mixtures
do_
Polyester and chiefly polyester blends._ _~do"~"
Exports, piece goods
thous. sq. yd_

597. 3
181.5
125. ()

243.2
47.6
9, 177
4,281

809

5,463

244
5
32.5
33.9

183
3
31.8
33.4

274
79
32.0
33.2

361
4
32.7
33.1

384
24
32.9
33.1

501
5
32.5
33.1

628
1
31.3
33. 2

111
129
667

115
46
615

3 99
36
550

114
63
482

106
147
497

* 131
205
566

100
201
651

99
169
699

18, 627

18,609

18,638 18, 681
1 5, 767 1 5, 692 15. 757
9, 280 3 9, 81 9 9. 344
393
464
467
7,833 3 8, 162 7,870

18. 696

18, 742

15,758

18. 660
15. 653
9, 538
477

18, 625

15,753

15,826
9, 863
456
8, 359

.644
.912

.640
.911

2, 195

? 942

397. 0
75.9
147.8

11,633

. 645
.911

8.000

.645
.911

. 650
.920

. 655
. 923

2 07°
12.6

10.1

10.5

11. 5

12.3

5.5

5.4

6.4

5. 3

5.3

5.1

5.0

.52
30, 942
38, 223
25. 20

.56
26, 918
32, 832
24. 25

.52
33, 827
39. 150
24. 71

.49
27. 543
35, 263
25. 27

.48
27, 543
31, 448
25. 80

.41
30, 764
33. 606
26. 23

.39

38. 1
15. 9
17.0

38.3
15.7
17.0

38.3
15.7
17.0

37.7
16.0
16.9

37.7
16.3
16.9

659. 2
177.4
144.8
289. 0
48.0

640. 7
174. 2
141.2

38. 2
15. 9
16. 9

22. 672
26. 73

.42
33, 389
35, 266
26 92

37.7
17.0
17.1

377
17.0
17.8

31,681

676. 8
176.6
146.0
305. 7
48.5

277.4
47.9

12 8

387
2
32.4
33. 3

132
119

109
89
726

118
62
649

IS, 4S4
15, 3S1
1 1 , 503
460
3 9, 609

18, 442

18,376

15,292
9, 481
474
7, 892

1 5. 208
9 422
' 471
7, 836

.631
. 895

".631
p. 897

30.7
33.4

111
165
783

108
147
797

18. 591
15, 596
11, 579
463
3
9, 74 2

18,543
15,521
9,494
7,978

18, 492
15, 440
9, 294
465
7, 798

. 655
. 923

. 655
. 923

. 655
.918

11.0

10.1

9.7

9.1

94

5.1

4.9

4.9

5.0

5 1

. 57
38, 495

. 56

26. 37

25. 95

3

3

381
4
32. 1
33. 4

570
3
29.4
33. 3

129
184
760

475

r •) •)] ^

9.6

3

3

.636
. 913

r

. 47
.51
33, 704 •29. 744
9
4 , 685 23. 996
26.87 2 >. 85
37.7
17. 0
17.8

37. 7
17.0
17.5

705 8
189 3
152. 6
313.4
50 5

38, 638
31, 987
26. 87

38.0
17.0
17.7
728 1
189 6
162.2
322 4
53 9

37. 7
16. 5
17.8

37.7
15. 8
17.8

25. 11

4 52. 7

4 59 ft 4 (54 5
4
44. 0 M4.8

4 (]9 (J

7,980

8.197

3, 170

4,715

4,679

8, 330
4, 003

8, 008
5, 556

8, 662
6, 080

9, 160
4, 309

6, 691
5, 544

8 899
3, 938

8, 498
3, 664

9, 005
3, 1 99

10.177

2, 499

6.y,o

512
10 , 294

723
12. 262

813
10, 063

837
10. 155

884
13, 089

487
12, 913

510
15, 462

529

518

15,367

437
12, 357

563
12, 287

592
11, 578

10,453

57. 3
33. 9
119. 6

53.1
38.5

50.4
35.7

47.0
37 9
135. 9
29. 7

44.7
40 3

43. 6
41 9

.82
. 28

.82
.28

.82
.28

.82
.28

.78
.28

.82

29^4

58. 5
32'. 1

58. 5
32. 1

.82
.28

.82
.28

94.9
28 0
.82
.27

754. 2 757. 5
428. 5 430. 4
72 1
73.7
187.8
188. 2
12. 972 13, 676 10, 492

13, 689

725. 0
415.3
71.8
177. 6
13, 439 13, 684

7,442

17,415

25. 35

P 37. 0
P 15. 7
P 16. 7

4. 187

10,463

32.5
32. 6

2 231

s, KM; 10.858

53. 2
56. 8
48.4
35. 5
79.8 5113.3
5 27 0

682.8

.640
.911

15.656
8, 563
428
7. 220

10. 6

5

.82
.26

.640
.911

9, 345 311,78S
467
472
7, 903 3 9, 903

587
1
30.1
33.2

5, 013

882

41.0
4s 3
137.4
29. 0

37. 9
£9 t.

36. 1

34. 9
60 9

.78
.28

. 78
.28

. 78
. 28

7S
v . 28

" 78
". 28

13, 788

17,318

16, 628

16, 612

15, S80

940

677

595

519

498

795 5
454 7
74 9

2:)(). 3
13. 283

14, 693

1 4, 06 1

806
6. 42

792
6 25

s. 07

SILK

Imports, raw
thous. Ib
Price, raw, AA A, 20-22 denier 0
$perlb..
Production, fabric, qtrly. avg. or total J
thous. lin. yd..
WOOL
Wool consumption, mill (clean basis):J
Apparel class
Carpet class
Wool imports, clean yield
Duty-free (carpetclass)*
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Oracled territory,
fine
Graded fleece, % blood
Australian, 64s, 70s, good topmaking

539
6. 03

532

5, 951

4, 497

492
7. 70

427
6. 80

591
6. 93

536
6. 48

767
6. 16

4, 205

4, 349

mil Ib.
V.._db..I"
do_
do._I~

23.4

20. 9

21.4

321.1

20. 0

23.1
11.8

23.8
14.0

20. 1
11.2

29.6
22.0

22. 2
16.6

$ per lb_.
~_-_do__I..
do

1.247
1. 090
1.155

1.326
1. 175
1. 285

1 . 300
1.140
1. 275

1. 325
1.175
1. 275

1. 325
1. 175
1. 275

;> 5 G'-'

V ^ Pitt

4 540

3

20. 7

16.1

20.6
14.7

13.7
6.9

1. 325
1.191
1. 275

1. 325
1. 205
1.275

1. 325
1. 226

104.6

104.6

107.1

18.2
13. 6
16.0
10.4

5(15

3.275

16.7
10.6
25.9
14.8

3 22. 7
'• > 13. 6
21.6
11.8

19.0
10. 6
21.6
11.5

1.425
1. 255
1. 455

1.425
1.255
1.455

1.450
1. 255
1.455

107. 9

107. 9

107. 9

17.8
9.4
17.8
8.9

321.3

18.5
9.8

19.2
7.5
18.5
11.5

19.8
8.6
13.8
6.6

1.450
1 . 255
1. 455

1.415
1. 255
1.439

1.375
1.289
1. 375

1.300
1.375

107. 9

107.9

107.9

107. 5

95.8

95.8

95. 8

311.1

L.375

1 . 335
1. 300
1. 375

WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system, wholesale price
1957-59=JOO__ 100.6 105. 4 105. 4 104.6 104. 6
Woolen and worsted woven goods, exc. felts:
Production, qtrly. avg. or total J
thous. lin. yd. 77, 465 71,630 78, 166
Apparel fabrics, total
do
75,310 68, 864 75, 246
Women's and children's
do
45, 423 43, 372 46,837 !
Suiting, price (wholesale), flannel, men's and
94.9
boys, f.o.b. mill
1957-59=10095.8
95.8
95.8 ;
95.8 i
r
2
Revised.
* Preliminary.
1 Season average.
Season average 5to Feb. 1, 1964.
3
4
Data cover 5 weeks; other months, 4 weeks.
For month shown.
Qrtly. average.
9 Includes data not shown separately.
© Revisions for 1962 are available.
t Production and stocks of linters at oil mills revised to approximate running bales; data
back to Aug. 1958 are available.
©Beginning
Feb. 1963, price in skeins, A A A grade; comparable Jan. 1963 price, $7.67 per

pound.
J Revisions for 1st half of 1962 are available upon request.
http://fraser.stlouisfed.org/
AEffective Jan. 1964, data not strictly comparable with earlier prices.

Federal Reserve Bank of St. Louis

95.8

68, 145

63, 783
61, 027
39, 547

67. 583
65, 544
45 451

95.8

95.8

95.8

66,159
42, 075
95. 8

95.8

95.8

*New series. Data cover wools, not finer than 46s, and camel hair, duty-free, for use in
the manufacture of rugs, carpets and certain specified items. Prior to the Feb. 1964 SURVEY,
imports of apparel class wool were shown; however, the calculated difference between total
wool imports and the former apparel class is not comparable with the present carpet class,
since the former "apparel" class included certain coarse wools (finer than 40s but not finer
than 46s) duty-free effective July 1958, for use in carpets, etc. Monthly data for 1959-62 are
available.

SUEVEY OF CUERENT BUSINESS

S-40
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962 | 1963
Monthly
average

August li»('!4

1963

June

July

Aug.

Sept.

19fi4

Oct.

Nov.

Dec.

•Tan.

Feb.

Mar.

Apr.

May

June

16, 544

July

TEXTILE PRODUCTS—Continued
APPAREL
Hosier v, shipments
thous. doz. pairs. _ 14,343
Mori's apparel, cuttings: t
Tailored garments:
Suits
- - thous. units _. 1,685
401
Overcoats and topcoats
do

15.007

14,722

14,361

17, 159

15, 194

17, 584

14,331

13, 399

16,350

15,411

15, 423

14, 763

13. 892

1,799
329

1,666
473

1,131
314

1,838
489

1,589
343

2.011
316

1,787
231

1,677
158

1,934
189

1.771
209

1,664
225

1. 929
309

1.724
362

943
q 527
2, 061

1,054
9. 120
2.071

992
9, 595
1,929

730
8, 876
1, 548

1,024
10,214
2. 201

882
8. 843
1.918

1,218
9,480
2. 276

1,022
8, 383
2. 100

967
7. 384
1,853

1,169
9,560
2,138

1,030
9. 587
2. 101

1,021
9. 698
2. 020

1,173
10, 672
2.118

1,116
10.847
•2. 098

281
303

366
313

325
340

372
283

425
335

410
311

475
341

373
307

325
219

402
336

424
325

433
319

444
339

409
306

Women's, misses', juniors' outerwear, cuttings: t
Coats
thous. units, . 2,002
20, 880
Dresses
do
806
Suits
.-do. _

2.046
21,914
828

2, 161
20, 721
734

2,488
19, 340
813

2,739
21. 061
813

2, 440
18,874
636

2, 529
22.353
858

2,001
18, 933
796

1.727
15,915
770

2, 247
21, 920
1 . 259

2. 445
24. 866
1 . 362

1. 588
28. 149
868

1,370
656

1,363
825

1, 180
874

1,263
935

1,371
1.005

1,263
804

1, 640
978

1,351
090

1.041
607

1,408
741

1. 500
776

1.442
758

Coats (separate) dress and sport
do
Trousers (separate) dress and sport
doShirts (woven fabrics), dress and sport, thous. doz
Work clothing:
Dunsrarees and waistband overalls
do
ghirts
-- - do

Blouses, waists, and shirts
Skirts

thous. doz._
do

1,032
1. 541
29, 943 25,521
584 i
619
1,471
825

1.250
843

114 6
9 99~33. 4

99 3
1.997
°4 0

96 0
2. 091
19 8

786. 4
770 2
153 5
139 1

875 7
845 1
735. 0
719. 5
r
140 7
* I 9 5. 6

8939 2
86 6
740. 6
7909 7
15 5
136 0

TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES

Orders new (net) Qtrly avg or total
mil. $__
U S Oovernment
do
Prime contract
do
Sales (net), receipts or billings, qtrly. avg. or total
mil $
U.S. Government
do

3, 741
2, 996
3, 330

4,414
3,519
4,018

4,020
3, 209
3, 656

5. 194
4 003
4, 680

3, 656
2 758
3, 263

4 899
3 863
4,443

3, 993
3, 138

4. 102
3, 301

3, 991
3, 207

4,170
3, 418

4 257
3, 398

4 098
3,144

Backlog of orders end of year or qtr. 9
do
U S Oovernment
do
Aircraft (complete") and parts
do
Ensine^ (aircraft) ind parts
do
Missiles, spnce vehicle systems, engines, propulsion units and wr^s
mil $
Other related operations (conversions, modifiea-

13, 138

10 572
5, 045
1,527

13,919
10,953
5, 301
1 510

13,498
10, 994
5, 438
1,406

14, 522
1 1 . 579
5, 345
1,484

13,919
10 95:-!
5, 301
1 510

14 720
1 1 672
5 879
1 383

4,056

4, 661

4 293

5, 151

4 6P1

4 894

1,480

1 , 295

1, 292

1 365

1 295

\ircraft (civilian)' Shipments ©
_
do
Airframe weight ®_thous. l b _ _
Exports
mil $

81.8
1,682
27.3

57 2
1.340
9
0. 3

57.4
1.250
7.0

47. 1
1,023
9.3

48.7
1,097
18.5

58.4
1.199
13.2

63.3
1,380
11.6

52 8
1,306
20.9

88. 1
2, 045
15. 4

84 6
1,815
41.8

66. 5
1, 567
17 9

96 7
2,011
25. 0

681.1
654. 6
577. 8
562. 8
103. 3
91.9

758.4
730.0
636. 5
620.3
I9 1.9
109. 7

804. 1
778. 1
687. 5
672. 9
116.6
105. 2

790. 0
763. 7
660. 9
649. 4
129.1
114.2

251. 4
240. 3
167. 8
165. 1
83. 6
75.2

598. 8
566. 1
481.8
463.0
117.0
103. 1

945. 7
906. 2
804. 0
779. 2
141.7
127.0

873 3
836. 8
74 S. 5
726. 2
I'M. 7
110.6

881. 8
846. 4
754. 0
733. 0
127. 8
113.5

859. 6
831 5
726. 2
709.0
133.
5
I99 5

814. 1
784 8
681. 1
665. 4
133. 1
119.4

860 5
829 3
718.0
700 9
142 5
128 4

number. _ 20, 100
11,246
do
8, 855
do

22, 928
12] 851
10,070

23, 667
14,151
9, 516

17, 587
6, 837
10. 750

13, 241
3. 519
9,722

17,142
8. 294
8.848

27, 970
14, 998
12, 972

42, 056
29. 066
12, 990

34,607
24, 799
9. 808

33, 829
20. 274
13, 555

27. 601)
13.995
13,611

23, 857
11,932
11,925

22, 407
12.031
1 0. 376

27, 769
13, 16ft
14,603

34, 681
18,986
1 5. 695

33, 080
Imports (cars, trucks, buses), totalo*
do
32, 063
Passenger cars (new and used) of
do
Shipments, truck trailers: A
6, 081
Complete trailers and chassis
do
3,733
Vans
do
Trailers and chassis (detachable), sold separately
537
number __
Registrations:©
578.
2
New passenger cars
thous._
28.3
Foreign cars
do
89.
1
NTew commercial cars (trucks) __
. do_ __

36. 534
35. 308

31,049
29,814

39 834
3S, 693

21,978
21,240

32,350
31.019

38, v;35
36. 834

39. 086
38. 504

40, 952
40.037

45, 588
44, 330

38. 426
38, 243

47, 238
46, 868

46. 104
45.950

41,211
40. 808

47.015
46. 481

6 465
3 885

6, 407
3 792

6. 153
3. 514

6. 541
3. 879

6 404
3 736

7.434
4 556

6 590
4 311

6 503
4 139

6 135
3 80°

5 910
3' 609

7 184
4 246

8 141
4 745

7 901
4' 5fi9

8 185
4 614

1 403

MOTOR VEHICLES
Factory sales, total
T)omestic
Passenger cars, total
Domestic
Trucks and buses total
Domestic _

thous
do
do
do ..
do
- - do_

Exports, total
Passenger cars (new and used)
Trucks and buses

939 9

909 ;•;

r
r

445

341

505

285

365

427

459

342

289

607

023

627

629.7
32. 1
103.7

691. (i
35. 9
102.8

706. 0
34.5
111.3

552. 9
31. 5
105. 0

403.6
33.7
93. 5

714.7
32.2
117.1

640. 2
26.4
100.4

712.0
35.8
114.6

612. 0
35.4
102.7

551.8
29.8
90. 9

636. 9
35. 8
108 3

812.3
45.0
1 32. 5

780.6
41.3
124 3

754. 3
42.5

3.747
2,608
1,140

3,701
2, 685
1.016

4, 017
3, 016
1,001

4. 141
2, 907
1, 234

4, 327
2,984
1,343

4, 725
3. 366
1,359

3 911
2, 925
986

4 449
3.087
1,355

5,253
3,299
1 , 954

5 467
3, 674
1.793

6 780
4, 336
2 444

6 59<»
3,531
2 998

6 931
3.
947
0
984

6 7*9
4,190
9 509

5, 143
3, 665
1 , 478

2, 349
1 . 908
441

4. 354
2. 083
2,271

3,020
2, 986
34

2.319
1,921
398

r 8, 066
T 3, 637
' 4, 429

8 273
0, 673
1,600

10,382 r 10,552
7, 868
3. 441
2, 514 r 7, 111

3, 701
3. 172
529

7, 696
5, 464
2 232

'"

1

710 6

1

586. 7

1

123 9

199 4

RAILROAD EQUIPMENT
Freight cars (ARCT):
Shipments
Equipment manufacturers, total
Railroad shops, domestic
New orders
Equipment manufacturers, total
Railroad shops, domestic

number
do
do
do
do
-do

3,046
1,962
1, 085
3, 076
1,979
1,097

r
T
r

7. 183
4, 594
' 5, 134 3,554
r
2 049
1 040

37 836
20, 291
17 545

36 080
19, 789
16 991

36 9"
20, 960
15 962

34 0^0
19,930
14 760

33 410
21.084
1° 396

30 631
20, 9383
10 48

94

178

14
317

5
352

5
387

5
382

377

6
371

15
356

1,519
"0

1 . 51 5
6 8

1.513
6 5

1. 507
6 3

1 . 505
6 3

1.503
69

1 . 502
6 1

1 , 501
6 0

-

22,183
12, 645
9. 538

21,959
13.233
8 726

21, 925
12.279
9, 646

20, 749
12,303
8, 446

18 388
11. 9188
7. 00

Passenger cars: Shipments
Unfilled orders, end of mo

_do
do

174

16
198

9
204

26
178

43
250

42
220

35
202

Freight cars, class 1 (A AR): §
Number owned, end of year or mo
Held for repairs °/c of total owned

thous_

1.552
8.0

1.515
6 8

1,530
7.6

1, 531
7.9

1 . 528

1 . 527

1, 521
7 i




r

39 311
20.161
I 9 150

14,315
6,788
7,527

r Revised. l Preliminary estimate of production.
t Monthly revisions for Jan. 1961-Oct. 1962 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
^i>ata include military-type planes shipped to foreign governments.
cfData cover complete units, chassis, and bodies.

2, 799
2, 499
300

2 196 9p, on
1 1 . 626 1 5, 425
10,570 11 186

l>

do
do
do

Unfilled orders end of year or mo
Equipment manufacturers, total
Railroad shops, domestic

1
r

AKfTective with the Apr. 19.14 S T R V K Y , shipments have been substituted for production.
Shipments of trailer chassis only and dump trailer chassis, sold separately, are now included
with the complete trailers and chassis (except detachable). Data back to 1901 are available.
©Courtesy of R. L. Polk & Co.; republieation prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:
Business indicators
Commodity prices
Construction and real estate
Domestic trade

1-7
7, 8
9, 10
10-12

Employment and population
12-16
Finance
16-21
Foreign trade of the United States
21-23
Transportation and communications
23, 24

Industry:
Chemicals and allied products
Electric power and gas
Food and kindred products; tobacco
Leather and products

25
26
26-30
30, 31

Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products

31
3 2-34
35, 36
36, 37

Rubber and rubber products
Stone, clay,, and glass products
Textile products
Transportation equipment

.

_

37
38
38-40
40

INDIVIDUAL SERIES
Advertising
10, 11,16
Aerospace vehicles.._
40
Agricultural loans
16
Air carrier operations
23
Aircraft and parts
3, 13-15, 40
Alcohol, denatured arid ethyl
25
Alcoholic beverages
8, 10, 26
Aluminum
23, 33
Appare!
1, 3, 4, 7, 8, 10-15, 40
Asphalt arid tar products
35, 36
Automobiles, e t c _ _ _ 1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Balance of international payments
2
Banking
16, 17
Barley
27
Barrels and drums
33
Battery shipments
34
Beef and veal
28
Beverages
4, 8, 10, 26
Blast furnaces, steel works, etc
13-15
Bonds, outstanding, issued, prices, sales,
yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials. 8,10, 31, 36, 38
Building costs
9, 19
Building permits
9
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
4, 5
Butter
27
Cans (tinplate)
33
Carloadings
24
Cattle and calves
28
Cement and concrete products
8-10, 38
Cereal and bakery products
8
Chain-store sales, firms with 4 or more and 11
or more stores
12
Cheese
27
Chemicals
4-6, 8, 13-15, 19, 22, 25
Cigarettes and cigars
8,30
Civilian employees, Federal
14
Clay products
8,38
Coal
4, 8, 13-15, 22, 24, 35
Cocoa
23, 29
Coffee
23,29
Coke
24, 35
Communications
2, 13-15, 20, 24
Confectionery, sales
29
Construction:
Contracts
9
Costs
9, 10
Employment, hours, earnings, wages
13-16
Highways and roads
9, 10
Housing starts
9
New construction put in place
1, 2, 9
Consumer credit
17, 18
Consumer expenditures
1, 2
Consumer goods output, index
3, 4
Consumer price index
7
Copper
23, 33
Corn
27
Cost of living (see Consumer price index)
7
Cotton, raw and manufactures
7r S, 22, 38, 39
Cottonseed cake and meal and oil
30
Credit, short - and intermediate-term
17, 18
Crops
3, 7, 27, 28, 30, 38
Crude oil and natural gas
_
4, 13-15, 35
Currency in circulation
19
Dairy products
Debits, bank
Debt, U.S. Government
Department stores
Deposits, bank
Disputes, industrial
Distilled spirits
payments, rates, and yields
DigitizedDividend
for FRASER
Drug stores, sales



3, 7, 27
16
18
11, 12, 17
16, 17, 19
16
26
1, 3, 18-21
11,12

Earnings, weekly and hourly
14-16
Eating and drinking places
11, 12
Eggs and p o u l t r y _ _ _
3, 7, 29
Klectric 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,
2,21-23
Express operations
23
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
1, 3, 7
Farm wages
16
Fats and oils
8, 22, 29, 30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8, 25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products.— 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Foreclosuress real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment
34
Freight carloadings
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, 11-15, 17
Furs
23
Gas, output, prices, sales .revenues
4, 8, 26
Gasoline,
1,35,36
Glass and products
38
Glycerin
25
Gold
19
Grains and products
7, 8, 22, 24, 27, 28
Grocery stores
11, 12
Gross national product
1, 2
Gross private domestic investment
1, 2
Gypsum and products
8, 38
Hardware stores
11
Heating equipment
8,34
Hides and skins
8, 30
Highways and roads
9, 10
Hogs
28
Home Loan banks, outstanding advances
10
Home mortgages
10
Hosiery
40
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 and permits
9
Imports (see also individual commodities). 1, 2,22, 23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3, 4
By market grouping
3, 4
Installment credit
12,17, 18
Installment sales, department stores
12
Instruments and related products
3, 13-15
Insulating materials
34
Insurance, life
18, 19
Interest and money rates
17
Inventories, manufacturers' and trade
4-6, 11,12
Inventory-sales ratios
5
Iron and steel._ 3, 5, 6, 8, 10, 13-15,19, 22, 23, 32, 33
Labor advertising index, disputes, turnover
16
Labor force
12
Lamb and mutton
28
Lard
28
Lead
33
Leather arid products
3, 8, 13-15, 30, 31
Life insurance
18, 19
Linseed oil
__
30
Livestock
3, 7, 8, 24, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10, 16, 17, 20
Lubricants
35, 36
Lumber and products
3, 8, 10-15, 19, 31
Machine tools
34
Machinery
3, 5,6,8, 13-15, 19,22,34
Mail order houses, sales
11
Manrnade fibers and manufactures
8, 39
Manufacturers' sales (or shipments), inventories, orders
4-6
Manufacturing employment, production workera, payrolls, hours, earnings
13-15
Manufacturing production indexes
3, 4
Margarine
29
Meat animals and meats
3, 7, 8, 22, 28
Medical and personal care
7
Metals
3-6,8, 13-15,19,22,23,32-34
Milk
27
Mining and minerals
2-4, 8, 13-15, 19, 20
Monetary statistics
19
Money supply
19
Mortgage applications, loans, rates
10, 16, 17
Motor carriers
23, 24
Motor vehicles
1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Motors and generators
34

National defense expenditures...... _...._........_... lt 18
National income and product-.**,«•-*—«-.¥.1^- 1,2
National parks, visits
,
_*....„..„._,. *,,*. , 2 4
Newsprint
„
,
<
...-'3J3, 37

New York Stock Exchange, selected data .„.•.. 20, 21

Nonferrous metals
3» 8,10, 23,33,34
fc
Noninstallment credit
- . '......«....*,«;.. 17»18
Oats
,
*..j. • 27
Oil burners
.
...i.-.*.....,..*,....',.. • 34
Oils and fats
„
8, 22,29,30
Orders, new and unfilled, manufacturer!*.......,
6
Ordnance
......I. -13-15
Paint and paint materials.
Panama Canal traffic
Paper and products and pulp

~.

........,...-,»' 8, 25
......^ 24
.<
.
3,

Parity ratio
, ......
-.„
Passports issued
.,.„...„.»_..,..
Payrolls, indexes
.„.',
„. ...
Personal consumption expenditures.......... „...
Personal income
. .-...-.,„».....
Petroleum and products.—:
«.
,*„.».
.

7
,24
14
1, 2
2,3
4-*6t

8,11,13-15,19,22. 23,35,36

Pig iron
32
k-.*...
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
fc
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 con vectors.. ... '...„.....
.
34
Radio and television
4, 8,10,11, 34

Railroads

2, 13,14,16,18, 20, 21, 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, 7,11-15,17,18
Rice
27
Roofing and siding, asphalt
.-—...„ ....
36
Rubber and products(incl. plastics)
4-6,

Rye

._.._

8,13-15,23,37
.
... 27

Saving, personal
. ......
. .......
2
Savings deposits
.........
17
Securities issued
............. .— 19, 20
Security markets
..... .. ....
._. 20,21
Services
„..,
1,2, 13-15
Sheep and Iambs
.....
.................
28
Shoes and other footwear
„„...
8,11,12, 31
Silk, prices, imports, production..
!.. 8,39
Silver
^
19
Soybean cake and meal and oil
.a.
30
Spindle activity, cotton
...
....
39
Steel ingots and steel manufacture*-,..,
32,33
Steel scrap
.
..I k.. 32
Stock prices, earnings, sales, etd
. 20, 21
Stone, clay, glass products
3-5,8,13-15,19,38
Stoves and ranges
....
34
Sugar
>—.
.. 23, 29
Sulfur
25
Sulfuric acid
.
25
Superphosphate
.
. .. 25
Tea imports
29
Telephone, telegraph, cable, and radiotelegraph carriers
.
............. 13-15,24
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
Tobacco and manufactures
Tractors
Trade (retail and wholesale)
Transit lines, local
Transportation
Transportation equipment

Travel

8, II, 12, 37
4-8, 10,13-15i 22, 30
22,34
4,5,11, 12
.
'' 23
1,2, 7,13-15,23,24
3HI, 13-15,19,40

Truck trailers
,
.
,
Trucks (industrial and other) ...
...

,... 23, 24

.

40
. 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

.... ..... 34
..
.. 11,12
. ..... 30
...... 7,8, 22
...........
24
; „+*
16,18

Wages and salaries
..—.— 1,3,14-16
Washers and driers
«
...... ..._.„..._
34
Water heaters
,
'
34
Waterway traffic
.
._
24
Wheat and wheat
flour
28
Wholesale price indexes
...
.....
8
Wholesale trade
4, 5, 7,13-15
Wood pulp
.....—....—
36
Wool and wool manufactures
. 7,8, 23,39
Zinc

_..

-33,34

UNITED STATES
GOVERNMENT PRINTING OFFICE

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $30O
(GPO)

DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 2O4O2
OFFICIAL BUSINESS

First-Class Mail

A
Supplement
to the
Survey
of
Current
business

TAT
SINCE

1929

* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
* PERSONAL INCOME BY STATE, BY TYPE, AND BY 1NDUSTRY-SINCE 1929
* ANALYSIS OF GEOGRAPHIC INCOME CHANGES

- PROCEDURES AND DEFINITION

THIS 1957 VOLUME—229 pages, quarto, illustrated, $1.50—is available from the Superintendent of Documenfs, U.S.
Government Printing Office, Washington, D.C., 20402, as well as at all Field Offices of the U.S. Department of Commerce.