Full text of Survey of Current Business : August 1965
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AUGUST 1965 /VOLUME 45 NUMBER
OF
CONTENTS
THE BUSINESS SITUATION
ILS« Department of Ccwiiineree
John T* Connor / Secretary
Summary
1
Revised Data: Manufacturing and Trade Total and
Retail Inventories
3
National Income and Product Tables
3
ARTICLE
The National Income and Product Accounts of the
United States: Revised Estimates, 1929-64
Definitional Changes
Statistical Revisions
Effect of Revisions on Postwar Economic Patterns
Index to Revised National Income and Product Tables
6
7
16
20
23
Andrew F* Brimmer / Assistant Secre~
tary for Economic Affairs
Office of'Business Economics
.
„ -
George Jaszi / Director
Morris R. Goldman Louis J. Paradiso
Associate Directors
Murray F. Foss / Editor
Leo V, Barry, Jr, / Statistics Editor
Billy Jo Hurley / Graphics
STAFF CONTRIBUTORS TO THIS ISSUE .
Business Review and Feature:
David E. Hull, Jr.
MONTHLY -BUSINESS' STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index (Inside Back Cover)
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BUSINESS SITUATION
A HE business expansion extended ing industries added moderately to
through July, with most of the im- their employment, but these gains were
portant measures of economic activity more than offset by a cutback in
displaying continued strength. There apparel manufacturing. After seawas another large increase in payrolls sonal adjustment, the manufacturing
as employment advanced to a new workweek for production employees
peak. The unemployment rate fell to was unchanged in July.
its lowest point in nearly 8 years.
Recent gains in employment have
Retail sales set a record; sales of new continued to exceed the growth in the
automobiles were close to the very high
rates of last January and February,
and sales in most other major lines
CHART 1
were higher than ever. As of midDurable Goods Manufacturers
August, the outcome of the steel labor
NEW
ORDERS in recent months have
negotiations still constituted a major
held close to peak levels
uncertainty in the near-term business
outlook. Otherwise, given the susBillion $ (ratio scale)
tained rise in activity so far this
c
24 t-"^-'Wf|f^" '^ -= i "? -S-i-T-'-'/f'^l^^'-7
''^?: .3?"^i^z'^f?'.cp»,iBya
^^;^^^i^e^^^-^e~;/^^l^M)
^^&«^
summer, the programed increases in
business fixed investment, and the
recent announcement of a step-up in
military spending, prospects seemed
good for another sizable increase in
income and output in the current
18
quarter.
: ??
: ;
;
s
;
Personal income advances
Personal income in July rose by $1.8
billion at a seasonally adjusted annual
rate (revised basis). The increase fell
short of the unusually large gains in
the 2 preceding months, mainly because
of a drop in farm proprietors' income,
which had increased sharply in the
spring. Dividend payments leveled off
after spurting in June. Last month's
advance in wages and salaries—$2%
billion—was somewhat above the average for the first 6 months of 1965.
Employment gains continue to be
sizable. In July, employment in nonfarm establishments rose more than
165,000 on a seasonally adjusted basis,
bringing the total increase in the past
6 months to approximately 1.2 million.
About two-thirds of the July increase
was in durable goods manufacturing,
with all industries showing improvement. Most nondurable manufactur-
16
14
UNFILLED ORDERS have
continued to rise
labor force, and the unemployment rate
has been gradually and steadily reduced. In July, the rate declined to
4.5 percent, its lowest point since the
autumn of 1957; a year ago, it was
5 percent.
Industrial output rises
Industrial production continued to
increase last month as a result of
advances in most major industries.
The increase in the Federal Keserve
Board index was somewhat above the
average monthly gain for the first half
of this year.
Steel ingot production, which ordinarily falls in July, maintained its June
level. Steel consumption has continued
to rise, and both producing mills and
manufacturing consumers have continued to build their inventories. In
June, steel stocks (measured by the
Census Bureau survey) increased an
additional 600,000 tons, as compared
with a rise of 1.1 million tons the
previous month. The June increase
was evenly divided between mills and
consumers.
With the shutdown period for most
model changeovers coming comparatively late, the motor vehicle industry
turned out nearly 865,000 units—the
largest number of cars and trucks for
any July on record. After allowance
for seasonal factors, July output changed
little from June, when assemblies
totaled nearly 1.1 million units.
Durable goods orders strong
45
40
1961
1962
1963
1964
Monthly, Seasonally Adjusted
U.S. Department of Commerce, Office of Business Economics
1965
New orders received by manufacturers of durable goods have been
maintained at very high rates in recent
months. (See chart 1.) Although the
flow of new business in May and again
in June was somewhat less than it was
from January through April, the
average for the second quarter was
virtually as high as the first quarter
peak. Throughout this period, new
SURVEY OF CURRENT BUSINESS
orders have continued to outrun shipments, and the advance in unfilled
orders that started in early 1964 has
been extended.
Machinery and equipment industries
have enjoyed a rather steady rise in
new orders as businessmen have expanded their capital investment programs. Most other industries have
also experienced an improvement in
bookings this year.
New orders for steel have fallen
back considerably from the peak
reached early this year. Orders for
defense products, which dipped in
the fourth quarter of 1964, recovered in
the first quarter of 1965 and rose still
further in the second; contract awards
for military aircraft were very heavy
in April but eased during May and June.
The recent announcement of plans to
increase defense spending should lead
Z3
CHART 2
Consumer Installment Credit
I960
61
1960
61
62
63
64
62
63
64
1 -
Seasonally Adjusted,
Note.—Data are monthly averages for the quarter.
U.S. Department of Commerce, Office of Business Economics
65
to a further boost in defense orders
this summer.
Retail sales higher
August 1965
1964 through the second quarter of
1965—are shown on pages 3-5 for those
tables ordinarily published in the
August Survey. The quarterly estimates for 1965 reflect the latest current
source data available.
The revised estimates confirm the
pattern of large quarterly increases
shown previously in total production
and sales over the past 2 years. From
the second quarter of 1964 through the
second quarter of 1965, the average
increase in current dollar GNP is now
estimated to be $10.4 billion per quarter; the average gain according to the
prior estimates was $9.9 billion. If the
time period is extended back to cover
the last eight quarters, the average
change in GNP on the revised and previously published bases is $10.4 billion
and $10.1 billion respectively.
On the revised basis, the increase in
GNP from the fourth quarter of 1964
to the first quarter of 1965 was $15%
billion, $1 billion more than estimated
previously. Revised second quarter
GNP now shows a rise of $Q% billion, up
slightly from the increase previously
published. The advance in consumer
expenditures in the second quarter was
greater than shown by the preliminary
figures. However, the increases in
Federal government purchases and net
exports were revised downward, and
inventory investment, although substantial, fell somewhat more from the
first quarter than was initially shown.
Consumer demand remains buoyant.
According to advance reports, retail
sales in July rose substantially over
the June rate to a new peak, with
good-sized increases in nearly all important lines of trade.
Sales of new automobiles have been
exceptionally good in the past 2 months.
In the first 5 months of 1965, seasonally
adjusted sales of new domestically
produced cars moved downward from
an unusually high rate as the effects of
the recovery from the late-1964 strikes
wore off. May apparently marked the
low point of this movement. Sales
rebounded in June and rose a bit in
July to a point almost as high as in
January and February.
Consumers have been borrowing
heavily to finance their purchases this
year. In the first half of 1965, the
net increase in installment credit outstanding totaled $4 billion, as compared
with full-year increases of $5.7 billion
in both 1963 and 1964. Much of the
rise in credit use this year has been
attributable to auto financing, but
other types of installment credit have
also expanded.
Although the excess of installment
credit extensions over repayments was
larger in the second quarter than in
the first, there has been a marked drop
from the April peak of almost $750 Profits up in second quarter
million. In June, the net increase
Corporate profits rose by $% billion
amounted to $600 million, a figure high
from
the first to the second quarter of
in relation to average monthly gains
1965,
according to preliminary estithroughout the 1961-65 business exmates,,
Book profits, which include
pansion but the lowest so far this year.
gains due to inventory price increases,
rose by $% billion on a before-tax basis
National Income and Product
and $K billion after taxes. All of the
THE article that starts on page 6 of after-tax increase was reflected in a
this issue presents a comprehensive rise in dividends; undistributed profits
remained unchanged.
reworking of the national income and
Changes in earnings by industry
product accounts, with revised esti- were mixed, and moderate in size.
mates that extend through the fourth Profits in nondurable goods manufacquarter of 1964. Users of the statistics turing were up, with the largest gain—
should refer to the article before $K billion—in petroleum products,
working with the new figures.
while profits among most durable goods
Revised estimates for the recent manufacturing
industries
declined
period—annual data for 1963-64 and somewhat from their high first quarter
quarterly data from the first quarter of level.
REVISED STATISTICAL SERIES.- Manufacturing and Trade Total and Retail Inventories
[MiUions of dollars]
1964
Jan.
Mar.
Feb.
Apr.
May
1965
July
June
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
Unadjusted
- 104,654 105,789 107,004 107,639 107,721 107,471 106,764 106,567 107,737 190,095 110,683 109,222 110,585 111,843 114,000 114,870 115,317
Manufacturing & trade
115,334
--- 28,761
29,602
30,585
31,062
30,910
30,854
30,673
30,158
30,799
31,071 31,860
30,181
30,486
31,298
32,913
33,384
33,277
33,061
Durable goods stores
12, 642
5,701
Automotive group •
Furniture-appl. group _ _ __ 1,949
Lumber-bldg. mat.-hard2,313
ware group
-16, 119
Nondurable goods stores
3,352
Apparel group
3,551
Food group
4,721
Gen. merchandise group
2,479
Department stores
13, 105
6,046
1,973
13, 616
6,285
2,051
13, 821
6,326
2,092
13, 832
6,253
2,110
13, 856
6,280
2,095
13, 672
6,145
2,106
12, 767
5,212
2,098
12, 823
5,220
2,157
12, 405
4,767
2,199
12, 816
5,070
2,238
12, 996
5,517
2,111
13, 542
5,993
2,110
14,037
6,372
2,151
14, 827
6,904
2,224
15, 125
7,073
2,290
15, 240
7,258
2,264
15, 138
7,228
2.259
2,350
16, 497
3,510
3,639
4,829
2,537
2,465
16, 969
3,606
3,692
5,059
2,660
2,512
17, 241
3,648
3,684
5,231
2,730
2,533
17,078
3,560
3,664
5,203
2,735
2,550
16, 998
3,489
3,654
5, 185
2,691
2,513
17,001
3,470
3,607
5,318
2,764
2,519
17, 391
3, 714
3, 617
5,434
2,869
2,521
17, 976
3,890
3,703
5,742
3,059
2,510
18, 666
3,999
3,800
6,152
3,342
2,531
19,044
4,040
3,816
6,338
3,466
2,514
17, 185
3,488
3,762
5,262
2,829
2,553
16, 944
3,371
3,716
5,218
2,743
2,577
17,261
3,517
3,714
5,416
2,849
2,684
18,086
3,831
3,759
5,749
3,050
2,667
18, 259
3,840
3,801
5,798
3,088
2,667
18,037
3,769
3,743
5,724
3,047
2,646
17, 923
3,690
3,743
5,683
2,985
105 551 105 746 106, 056 106, 722 107, 083 107, 270 107, 372 107, 613 108, 504 108, 539 109,320 110,535 111 465 111 884 113 032 113 761 114 542
115 01
Retail trade
Seasonally adjusted
Manufacturing & trade
Retail trade
Durable goods stores
Automotive group
Furniture-appl. group
Lumber-bldg. mat.-hardware group
Nondurable goods stores
Apparel group _Food group
Gen. merchandise group
Department stores
29, 727
12, 738
5,540
2,022
29, 904
12, 882
5,609
2,038
29, 996
13, 078
5,714
2,065
30,312
13,211
5,761
2,073
30, 502
13, 363
5,801
2,106
30,829
13, 473
5,930
2, 106
30,867
13, 419
5,880
2,125
30,864
13, 363
5,883
2,102
31,263
13, 738
6,214
2,127
30,486
12, 894
5, 411
2,123
30,559
12, 874
5,434
2,131
31, 130
13, 282
5,584
2,154
31, 478
13, 635
5,818
2,189
31, 635
13, 799
5,905
2,222
32, 260
14 220
6,265
2,240
32, 546
14 440
6,442
2,270
32 823
14 707
6,739
2,259
32,98
14 69
6,82
2,26
2 394
16, 989
3, 636
3,631
5,182
2,745
2 400
17, 022
3,652
3,672
5,110
2,722
2,412
16, 918
3,581
3, 670
5,096
2,668
2,436
17, 101
3,623
3,637
5,218
2,719
2,457
17, 139
3,611
3,639
5,252
2,754
2,488
17, 356
3,661
3,647
5,369
2,824
2,491
17, 448
3,668
3,651
5,491
2,906
2,509
17, 501
3,685
3,695
5,448
2,898
2,529
17, 525
3,666
3,718
5,463
2,900
2,546
17, 592
3,652
3,722
5,517
2,944
2,570
17, 685
3,666
3,727
5,597
2,998
2 605
17, 848
3,672
3,796
5,684
3, 039
2 637
17, 843
3,656
3 788
5,718
3,034
2 632
17, 836
3,667
3 748
5,737
3,057
2 626
18 040
3,801
3 740
5,794
3,062
2 592
18 106
3,810
3 749
5,784
3,079
2 589
18 116
3,823
3 724
5,782
3,072
2 57
18 29
3,87
3 73
5,87
3,12
Manufacturing and Trade Total and Retail Inventory—Sales Ratios 1 (Months)
Manufacturing & trade
Retail trade
-- Durable goods storesNondurable goods stores
•__
1.49
1.49
1.50
1.49
1.47
1.49
1.46
1.47
1.48
1.50
1. 49
1. 45
1.47
1.47
1.45
1.47
1.47
1.47
1.42
1.86
1.20
1.39
1.77
1.19
1.41
1.88
1.18
1.42
1.88
1.19
1.40
1.85
1.18
1.42
1.92
1.18
1.41
1.90
1.17
1.39
1.82
1.17
1.40
1.82
1.19
1.43
1.98
1.18
1. 41
1. 92
1. 18
1. 37
1. 74
1. 18
1.37
1.74
1.19
1.36
1.73
1.16
1.41
1.85
1.19
1.42
1.91
1.18
1.41
1.91
1 16
1.42
1.90
1.18
1
Retail inventory estimates for the period January 1964 through June 1965 have been revised to incorporate new information from 1964 Retail Trade, an annual report by the Bureau of the
Census. Inventory data in the annual report are derived from a substantially larger sample than are the estimates obtained from monthly surveys.
» Preliminary.
NATIONAL INCOME AND PRODUCT TABLES—REVISED BASIS
(See Article Starting on Page 6)
Table 1.—Gross National Product in Current and Constant Dollars
1964
1963
1964
I
II
1965
III
IV
I
1965
1964
II
1963
1964
I
II
Seasonally adjusted at annual rates
IV
III
I
II
Seasonally adjusted at annual rates
Billions of current dollars
Billions of 1958 dollars
589.2
628.7
614.0
624.2
634.8
641.1
656.4
665.9
550.0
577.6
567.1
575.9
582.6
584.7
597.5
601.4
373.8
53.4
168.0
152.3
398.9
58.7
177.5
162.6
389.1
57.4
173.7
158.0
396.0
59.1
175.7
161.2
404. 6
60.5
179.8
164.3
405.9
57.9
180.9
167.1
416.9
63.9
183.0
170.0
424.4
63.7
187.6
173.1
352.4
53.2
161.8
137.3
372.1
58.5
169.4
144.2
364.5
57.0
166.4
141.1
369.8
58.7
167.8
143.3
377.3
60.2
171.6
145.5
376.8
57.9
171.8
147.1
385.9
63.7
173.4
148.8
390.2
63.5
176.2
150.5
86.9
81.2
54.3
19.7
34.6
26.9
26.3
.6
5.7
4.9
.8
92.9
88.1
60.5
21.1
39.4
27.5
27.0
.6
4.8
5.4
-.6
89.7
86.5
58.1
20.7
37.5
28.4
27.8
.6
3.3
3.6
-.4
90.9
86.8
58.9
21.1
37.9
27.9
27.3
.6
4.1
5.1
-1.0
92.6
88.8
61.6
21.1
40.5
27.2
26.6
.6
3.8
4.6
-.8
97.7
90.2
63.5
21.5
42.0
26.7
26.2
.6
7.5
7.8
-.3
102.4
93.7
66.0
21.8
44.2
27.7
27.1
.6
8.7
9.3
-.5
101.1
94.4
66.4
22.7
43.7
28.0
27.5
.6
6.7
7.1
-.4
82.3
76.6
51.9
18.0
33.8
24.7
24.1
.5
5.7
4.9
.8
86.3
81.7
57.1
18.9
38.3
24.6
24.0
.5
4.6
5.1
-.5
83.8
80.7
55.1
18.7
36.4
25.7
25.1
.5
3.0
3.3
-.3
85.2
80.7
55.7
18.9
36.8
25.0
24.4
.5
4.5
5.3
-.9
86.0
82.2
58.1
18.8
39.3
24.1
23.6
.5
3.8
4.4
-.7
90.2
83.1
59.6
19.0
40.6
23.6
23.0
.5
7.1
7.3
-.3
94.7
86.2
61.9
19.2
42.7
24.3
23.8
.5
8.6
9.1
-.5
93.0
86.5
62.0
20.0
42.0
24.5
24.0
.5
6.5
6.9
-.4
5.9
32.4
26.4
8.6
37.0
28.5
8.8
36.3
27.5
7.7
36.0
28.2
8.8
37.3
28.5
8.9
38.4
29.5
6.2
34.8
28.6
7.5
39.8
32.3
5.6
32.2
26.5
8.5
36.5
27.9
9.0
36.0
27.0
8.1
35.7
27,6
8.7
36.8
28.1
8.3
37.3
29.0
6.0
33.8
27.8
6.7
38.7
32.0
Government purchases of goods and services
122.6
Federal
_
64.4
National defense
50.8
Other
_
13.6
State and local
_. __
.
. ._ 58.3
128.4
65.3
49.9
15.4
63.1
126.3
65.0
49.8
15.2
61.3
129.7
67.0
51.7
15.3
62.7
128.7
64.9
49.5
15.4
63.8
128.6
64.3
48.8
15.5
64.3
130.9
64.9
48.9
16.0
66.0
132.9
65.9
49.4
16.5
67.0
109.8
59.7
110.7
57.8
109.9
58.2
112.8
59.9
110.5
57.1
109.4
56.1
110.9
56.4
111.5
56.8
50.0
52.8
51.7
52.9
53.4
53.3
54.5
54.7
Addendum: Implicit price deflator for seasonally
adjusted GNP, 1958=100
„
108.9
108.3
108.4
109.0
109.6
109.8
110.7
Gross national product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ .
Gross private domestic investment
Fixed investment
Nonresidential__
. __ .
Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm
Change in business inventories _
Nonfarm_.
Farm
Net exports of goods and services
Exports
Imports
_ _
_ __
_
- -
107. 1
SURVEY OF CURRENT BUSINESS
August 1965
Table 2.—National Income by Type of Income
Table 3.—Personal Income and Its Disposition
[Billions of dollars]
[Billions of dollars]
1964
1963
1964
I
19655
I
IV
III
II
1964
II
1963
1964
I
ates
Seasonally adjusted at annual rates
National income
481.1 514.4 501.6 510.5 519.5 526.3 541.4 1550.4
550. 4
Compensation of employees
341.0 365.3 355.1 361.9 369.0 375.4 383.1 388.
388.77
Wages and salaries . .
Private
Military
Governmen t civilian
Proprietors' income
Business and professioral
Income of unincorporated enterprises
Inventory valuation adjustment
Farm
29.8
31.8
30.8
31.5
32.2
32.7
33.4
33.8
15.0
14.8
15.4
16.5
15.1
15.8
15.2
16.3
15.5
16.7
15.7
17.1
16.1
17.3
16.3
17.55
17.
12.1
2.7
13.5
2.9
50.8
51.1
50.4
51.0
51.4
51.8
51.9
54.6
37.8
39.1
38.5
39.0
39.4
39.6
39.9
40.1
37.8
Personal income
11.9
12.0
12.0
12.2
12.0
14.5
Rental Income of persons
17.6
18.2
17.9
18.1
18.3
18.5
18.5
18.66
18.
Corporate profits and inventory valuauation adjustment
---
58.1
64.5
63.6
64.5
65.5
64.9
71.7 172.1
*2. 1
Profits before tax
.-.-Profits tax liability
Profits after tax
Dividends
Undistributed profits
58.6
26.0
32.6
15.8
16.8
64.8
27.6
37.2
17.2
19.9
64.0
27.3
36.7
16.7
20.0
64.5
27.5
37.0
17.1
19.9
65.3
27.8
37.5
17.4
20.1
65.9
28.1
37.8
17.7
20.0
73.1
29.1
44.0
17.8
26.2
Inventory valuation adjustment—-
-.4
-.3
-.4
.0
13.6
Netlnterest
15.2
14.5
15.0
.2 .-1.0 -1.4
15.4
15.7
73.8
29.44
29.
44.4
18.2
18-2
26. 2;
-1.7
16.1
1. Second quarter 1965 national income total and the corporate profits share are
preliminary estimates and are subject to revision in next month's SURVEY.
II
464.8 495.0 483.0 490.6 499.1 507.1 516.6 524.9
Other labor income
....
14.8
16.5
15.8
16.3
16.7
17.1
17.3
17.5
50.8
37.8
13.0
51.1
39.1
12.0
50.4
38.5
11.9
51.0
39.0
12.0
51.4
39.4
12.0
51.8
39.6
12.2
51.9
39.9
12.0
54.6
40.1
14.5
17.6
15.8
18.2
17.2
17.9
16.7
18.1
17.1
18.3
17.4
18.5
17.7
18.5
17.8
18.6
18.2
31.1
34.3
33.2
33.8
34.8
35.3
36.0
36.7
35.2
36.6
36.9
36.2
36.4
36.7
38.4
37.5
ance benefits
15.2
16.0
15.8
15.9
16.1
16.3
16.6
16.6
ance benefits
Veterans' benefits
Other.
2.8
5.0
12.1
2.6
5.3
12.7
2.7
5.2
13.1
2.6
5.3
12.5
2.5
5.3
12.5
2.4
5.3
12.7
2.4
5.5
13.9
2.2
5.6
13.1
Less: Personal contributions for
social insurance
11.8
12.4
12.2
12.3
12.5
12.7
13.1
13.1
Less: Personal tax and nontax payments
60.9
59.2
60.4
56.9
58.8
60.7
64.8
66.0
Proprietors' income ._
Business and professional
Farm
._
Dividends
Personal Interest Income
39.1
.0
12.0
I
IV
Wage and salary disbursements. . .. 311.2 333.5 324.2 330.4 336.7 342.7 349.8 355.0
Commodity-producing industries
125.7 133.9 130.2 132.9 135.2 137.4 141. 4 143.3
Manufacturing
100.6 107.2 104. 1 106.2 108.4 110.0 113.6 115.0
Distributive industries
76.0 81.1 79.0 80.4 81.9 83.2 84.9 86.4
Service industries
49.9 54.1 52.4 53.5 54.6 55.9 56.6 57.6
Government
59.6 64.3 62.6 63.5 65.0 66.2 66.8 67.7
Transfer payments
.0
13.0
III
Seasonally adjusted at annual rate
311.2 333.5 324.2 330.4 336.8 342.6 349.8 355.
355.00
251.6 269.2 261.6 266.9 271.7 276.5 282.9 287.
287.33
10.8 11.7 11.6 11.6 11.7 11.9 11.8 11.
11.88
48.8 52.6 51.0 51.9 53.3 54.3 55.0 55.9
Supplements to wages and salaries.
Employer contributions for
social insurance .
Other labor income
Employer contributions
to private pension and
welfare funds
Other
. .
II
1965
V
.
Equals: Disposable personal income. ._ 403.8 435.8 422.6 433.6 440.3 446.4 451.9 458.9
383.4 409.5 399.3 406.3 415.3 416.9 428.1 436.0
Less: Personal outlays.
Personal consumption expenditures
TntarAftt paid hy p,nnsnniprs
Personal transfer payments
to foreigners
16.4*
*"•
,
3(1 on
based
on
Equals: Personal saving
_.
...
Addendum: Disposable personal income in constant (1958) dollars
373.8 398.9 389.1 396.0 404.6 405.9 416.9 424.4
9.6
9.8 10.2 10.4 10.6 11.0
9.0 10.0
.6
.6
.6
.5
.5
.6
.6
.6
20.4
26.3
23.3
27.3
25.0
29.5
23.8
23.0
380.6 406.5 395.7 404.9 410.7 414.5 418.4 422.2
Table 4.—Gross National Product by Major Type of Product in Current and Constant Dollars
1963
1964
I
II
III
IV
I
II
1963
1964
II
I
~
589.2
628.7
614.0
624.2
634.8
641.1
656.4
665.9
550.0
577.6
567.1
575.9
582.6
584.7
597.5
601.4
*. ,^. ^ . „ .
623.9
4.8
610.7
3.3
620.1
4.1
631.0
3.8
633.6
7.5
647.6
8.7
659.2
6.7
544.4
5.7
573.0
4.6
564.1
3.0
571.4
4.5
578.8
3.8
577. 7
7.1
589.0
8.6
595.0
6.5
_ _
296.8
291.1
5.7
316.1
311.3
4.8
308.2
304.9
3.3
312.4
308.3
4.1
319.8
316.0
3.8
323.3
315.8
7.5
332.6
323.8
8.7
337.2
330.5
6.7
288.3
282.6
5.7
304.6
300.0
4.6
297.6
294.6
3.0
302.2
297.7
4.5
308.4
304.7
3.8
310.2
303.1
7.1
319.2
310.7
8.6
321.0
314.5
6.5
115.9
113.1
2.8
126.1
122.8
3.3
122.3
120.1
2.2
125.0
121.6
3.5
128.1
125.4
2.7
128.8
124.3
4.4
138.1
130.9
7.1
138.5
132.3
6.2
114.0
111.2
2.8
123.1
120.0
3.1
119.4
117.3
2.0
122.3
119.0
3.4
125.2
122.5
2.7
125.5
121.2
4.3
134.6
127.6
7.0
134. 4
128.4
6.0
181.0
178.1
2.9
190.0
188.4
1.5
185.9
184.9
1.1
187.4
186.8
.6
191.7
190.6
1.1
194.6
191.5
3.1
194.5
192.9
1.6
198.7
198.2
.5
174.3
171.4
2.9
181.5
180.0
1.5
178.3
177.2
1.0
179.9
178.8
1.1
183.2
182.1
1.1
184.7
181.9
2.8
184.6
183.0
1.6
186.6
186.1
.5
226.9
244.0
237.3
242.8
246.4
249.7
254.2
257.8
201.5
211.5
207.4
211.5
213.0
214.3
216.8
218.3
_ _ _.
J_^_^,
_ _ __
_ _
Nondurable goods
Final sales _
Inventory change
.
Services
Addendum: Auto product
II
583.5
5.7
Gross national product
Durable goods
Final sales
Inventory change
I
Billions of 1958 dollars
Billions of current dollars
Goods output
Final sales .
Inventory change^
IV
III
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Final Sales
Inventory change
1965
1964
1965
1964
-
-
65.5
68.6
68.5
69.0
68.6
68.1
69.6
70.9
60.2
61.4
62.0
62.2
61.1
60.3
61.5
62.1
25.0
25.9
26.8
26.9
26.4
23.4
32.3
31.1
24.7
25.5
26.3
26.5
25.9
23.2
31.9
30.8
SURVEY OF CUEEENT BUSINESS
August 1965
Table 5.—Relation of Gross National Product, National Income
and Personal Income
Table 7.—Personal Consumption Expenditures by Major Type
[Billions of dollars]
[Billions of dollars]
1964
1963 1964
1963 1964
I
II
1965
1965
1964
III
I
IV
I
III
II
IV
I
II
II
Seasonally adjusted at annual rate
Seasonally adjusted at annual rate
Personal consumption expenditures- 373.8 398.9 389.1 396.0 404.6 405.9 416.9 424.4
589.2 628.7 614.0 624.2 634.8 641.1 656.4 665.9
Gross na tional product
Less: Capital consumption allowances.
52.8
55.7
54.6
56.9
58.3
57.7
536.5 573.0 559.4 569.0 578.6 584.3 598.6 607.6
Equals: Net national product
Less: Indirect business tax and nontax
liability _..
._.
Business transfer payments
Statistical discrepancy
54.6
2.2
-.7
58.0
2.3
-.5
56.4
2.3
.0
57.6
2.3
-.3
Plus: Subsidies less current surplus of
government enterprises
.7
1.2
.9
1.2
Equals: National income
56.1
55.2
58.8 59.3 60.7 61.0
2.3 2.4
2.3 2.3
-.7 -2.2 -4,2 1-4.7
1.3
1.5
1.5
1.5
__ __ 481.1 514.4 501.6 510.5 519.5 526.3 541.4 1550.4
Less: Corporate profits and inventory
valuation adjustment.
Contributions for social insurance
Wage accruals less disbursements
Plus: Government transfer payments
to persons. __ . . _ _ __ __
Interest paid by government
(net) and by consumers
Dividends . . .
Business transfer payments
Equals: Personal income
58.1
64.5
63.6
64.5
65.5
64.9
71.7 172.1
26.8
27.8
27.3
27.6
28.0
28.4
29.1
29.4
.0
.0
.0
.0
.1
-.1
.0
.0
33.0
34.2
34.6
33.9
34.1
34.4
36.0
35.1
17.5
15.8
2.2
19.1
17.2
2.3
18.7
16.7
2.3
18.8
17.1
2.3
19.4
17.4
2.3
19.5
17.7
2.4
19.9
17.8
2.3
20.4
18.2
2.3
Durable goods
Automobiles and parts
. _
Furniture and household equipment Other
53.4
24.3
58.7
25.8
25.5
57.4 59.1 60.5 57.9
25.7
27.1
24.8
63.9
29.7
63.7
28.9
21.9
7.3
24.7
8.2
23.9
8.0
25.1
8.2
25.0
8.4
24.8
8.3
25.3
8.8
25.6
9.1
Nondurable goods -- - _ _ - . 168.0
Food and beverages _
88.2
Clothing and shoes
30.5
Gasoline and oil - -- -.
13.5
Other
_
35.8
Services
Housing
Household operation
Transportation
Other
177.5 173.7 175.7 179.8 180.9 183.0 187.6
92.3 90.6 91.3 93.3 94.1 94.9 97.2
33.3 32.3 33.2 33.8 34.0 34.3 35.0
14.0 14.0 13.9 14.0 14.2 14.2 14.7
37.8 36.8 37.2 38.7 38.6 39.7 40.7
152.3 162.6 158.0 161.2 164.3 167.1 170.0 173.1
55.5 59.5 57.5 58.8 60.1 61.4 62.7 64.0
23.1 24.4 23.6 24.4 24.8 24.8 24.9 25.3
11.4 11.7 11.7 11.7 11.8 11.9 12.0 12.1
62.3 67.0 65.1 66.3 67.6 69.1 70.4 71.6
Table 8.—Foreign Transactions in the National Income and
Product Accounts
[Billions of dollars]
464.8 495.0 483.0 490.6 499.1 507.1 516.6 524.9
19 65
1*)64
1. See footnote table 2.
1963 1964
I
III
II
IV
I
II
Seasonally adjust edatannual rates
Table 6.—-Government Receipts and Expenditures
Receipts from foreigners
[Billions of dollars]
-
Exports of goods and services
1965
1964
1963
1964
I
II
III
IV
I
Payments to foreigners
II
Seasonally adjusted at annual rates
Federal Govern ment receipts
114.3
Personal tax and nontax receipts.. 51.5
Corporate profits tax accruals
24.5
Indirect business tax and nontax
accruals
15.3
Contributions for social insurance. . 23.0
Federal Government expenditures
Purchases of goods and services
Transfer payments
To persons
To foreigners (net)
114.5 114.8 112.0 114.6 116.8 122.7 1123.7
48.6 50.2 46.5 48.1 49.8 53.5
54.6
26.0 25.7 25.9 26.2 26.5 27.4 127.7
16.1
23.7
16.8
24.9
16.3
25.1
114.0 118.3 117.5 119.6 118.2 117.9 120.2
64.4 65.3 65.0 67.0 64.9 64.3 64.9
120.8
65.9
29.2
27.0
2.2
29.9
27.8
2.2
Grants-in-aid to State and local
governments
9.1
Net interest paid . .
7.8
3.6
Subsidies less current surplus of
government enterprises
Surplus or deficit (— ) on income and
product acco'unt
State and local government receipts
15.6
23.3
16.4
23.9
16.4
24.2
30.3
28.2
2.1
29.8
27.5
2.3
29.7
27.6
2.1
29.8
27.7
2.1
31.2
29.2
2.0
30.5
28.2
2.3
10.4
9.9
10.3
10.6
10.8
10.8
11.0
8.4
8.3
8.2
8.5
8.4
8.6
8.7
4.3
3.9
4.2
4.4
4.7
4.7
.3 -3.8
63.1
16.0
23.5
68.6
-2.6
66.4
-7.6 -3.6
68.0
69.5
-1.1
70.5
2.5
Surplus or deficit (-.) on income
and product account1. See footnote table 2.
Transfers to foreigners
Personal
Government
_ _.
Net foreign investment
39.8
71.8 173.1
62.2
58.3
6.0
.8
67.2
63.1
6.5
.8
65.4
61.3
6.4
.8
66.8
62.7
6.4
.8
67.9
63.8
6.5
.8
68.6
64.3
6.6
.8
70.4
66.0
6.8
.7
71.3
67.0
6.9
.7
2.8
3.1
3.0
3.0
3.1
3.1
3.2
3.2
.9
1.4
1.0
1.2
1.5
1.9
1.4
11.8
39.8
39.8
26.4
28.5
27.5
28.2
28.5
29.5
28.6
32.3
2.8
.6
2.2
2.7
.6
2.2
2.7
.6
2.1
2.9
.5
2.3
2.7
.5
2.1
2.7
.6
2.1
2.6
.6
2.0
2.9
.6
2.3
32
5.8
6.1
4.8
6.1
6.2
3.6
4.7
Table 9.—Sources and Uses of Gross Saving
[Billions of dollars]
19 64
1963
1964
I
II
18 65
III
IV
I
II
Sea.jonally adjust edatsinnual rate
4.7
12.9
Personal tax and nontax receipts. . 9.5 10.6 10.1 10.5 10.7 10.9 11.2 11.4
Corporate profits tax accruals
. 1.5 1.6 1.6 1.6 1.6 1.6 1.7 i l . 7
Indirect business tax and nontax
accruals
39.2 41.9 40.8 41.6 42.4 42.9 43.8 44.7
Contributions for social insurance. 3.8 4.1 4.0 4.0 4.1 4.2 4.2 4.3
Federal grants-in-aid.
L __
9.1 10.4
9.9 10.3 10.6 10.8 10.8 11.0
State and local government expenditures..
Purchases of goods and services...
Transfer payments to persons
Net interest paid
Less: Current surplus of government enterprises
Imports of goods and services
32.4 37.0 36.3 36.0 37.3 38.4 34.8
32 4 37.0 36.3 36.0 37.3 38.4 34.8
32 4 37.0 36.3 36.0 37.3 38.4 34.8
89.5 101.7
Gross private saving
20.4 26.3
Personal saving
Undistributed corporate profits — 16.8 19.9
Corporate inventory valuation
— . 4 —.3
adjustment
Corporate capital consumption
32.0 34.0
allowances
Noncorporate capital consumption
allowances
...
20.8 21.7
.0
.0
Wage accruals less disbursements. .
Government surplus on income and
product account
Federal
.
. .
State and local
97.5 102.4 101.5 105.3 106.3 1105.8
23.3 27.3 25.0 29.5 23.8 23.0
20.0 19.9 20.1 20.0 26.2 126.2
.2 -1.0
-1.4 -1.7
-.4
.0
33.2
33.6
34.3
34.8
35.4
35.8
21.4
.0
21.6
.0
21.8
.1
22.1
— .1
22.3
.0
22.5
.0
.8
1.2 -2.4 -1.6 -6.4 -2.1
.3 -3.8 -2.6 -7.6 -3.6 -1.1
1.9
1.2
1.5
1.0
1.4
.9
3.9 !4.7
2.9
2.5
1.4
1.8
Gross investment Gross private domestic investment
Net foreign investment
90.0
98.7
95.9
95.7
98.7 103.9 106.0 105.8
86.9
32
92.9
5.8
89.7
6.1
90.9
4.8
92.6
6.1
Statistical discrepancy
—.7
—.5
.0
-.3
-.7 -2.2
i See footnote table 2.
--
97.7 102.4 101.1
4.7
3.6
6.2
-4.2 1-4.7
by THE OFFICE OF BUSINESS ECONOMICS
The National Income and Product Accounts of the United States:
Revised Estimates. 1920-64
JL HE accompanying tables present
the results of a comprehensive revision
of the national income and product
accounts of the United States. This
revision incorporates major additions
to the statistical source data on which
the national income and product estimates are based, as well as certain
changes in the definition of the income
and product totals and some of their
components. Most of the large-scale
effort that went into this project was
devoted to reworking the estimates for
the postwar period. However, the
estimates for 1929-45 also were revised
to the extent necessary to provide continuous time series.
To summarize the results for the postwar years, the levels of gross national
product and national income, the two
comprehensive measures of national
output, have been raised moderately
for the latter part of this period. The
maximum revision occurs in the estimates for 1964—a net upward revision of about 1 percent. The statistical revision for that year amounts
to not quite 3 percent. About twothirds of this is offset by definitional
changes.
The postwar growth trends shown
by the new figures are slightly higher
than those shown by the prior estimates. For instance, the average annual rate of increase now indicated in
NOTE.—Lawrence Grose and Irving Rottenberg were in
charge of the back-breaking project on which this article
reports. John A. Gorman was their principal assistant.
The estimates were prepared in the National Income Division. The following is an alphabetical list of staff members
of that Division who were responsible for important segments of the work: Edward O. Bassett, Jacquelin Bauman,
Carolyn G. Bernhard, Richard W. Bond, George M. Cobren,
F. Beatrice Coleman, Pauline M. Cypert, Joseph Czako,
Jeanette M. Fitzwilliams, Shirley F. Loftus, Alan Odendahl,
Richard B. Quanrud, Marilyn Y. Rice, Charles A. Waite,
and Robert C. Wasson. More specific and comprehensive
acknowledgments of individual contributions will be made
in the forthcomong publications referred to in this article.
These acknowledgments will also cover the contribution of
OBE's National Economics Division, which was responsible
for the 1958 input-output table to which reference is made in
this report.
6
the real volume of gross national product (GNP) from 1948 through 1964
is 3.7 percent, as compared with 3.6
percent based on the earlier estimates.
The slightly higher growth rate is
largely attributable to an increased
estimate of the advance in real GNP
for the period from 1960 through 1964.
The two sets of estimates show closely
similar high average annual rates of
increase for 1948-53, retardation in the
rate of increase for 1953-60, and a sharp
pickup thereafter.
The pattern of short-term fluctuations as shown by the two sets of estimates is also quite similar. Perhaps
the most notable difference is that
peak-to-trough declines in the 1953-54
and 1957-58 recessions appear somewhat milder than in the prior estimates.
Sizable changes have been made,
however, in some of the components of
the income and product flow. Fixed
investment, and particularly producers'
durable equipment, are now estimated
as a higher proportion of GNP than
previously, largely because of statistical
revisions. Corporate profits are now
estimated as a larger proportion of
national income, reflecting both definitional and statistical changes. Nevertheless, short-term fluctuations and
long-teim trends are substantially
unchanged. Another interesting feature of the new estimates is that they
show personal saving as a percent of
disposable personal income to be somewhat lower in the past 6 years than in
the preceding years of the 1950's,
because of statistical revisions. The
net effect of the change in corporate
profits and personal saving, as well as
in capital consumption allowances, is
to show business saving as a larger
proportion of total gross saving and
personal saving as a smaller fraction
than in the previous estimates.
This report presents the principal
national income and product tables,
and an explanation of the major changes
that have been made. Another report,
providing the complete set of tables, is
scheduled for publication within a few
months; its availability will be announced in the Survey. A third report
will contain, in addition to the tables,
a description 'of the conceptual framework of the U.S. national income and
product accounts and of the statistical
sources and methods underlying the
estimates.
Major improvements in estimates
The estimates have been improved in
several ways as a result of the revisions.
1. They include the kind of updating
of the estimates for the preceding 3
years that is usually made for the July
issues of the Survey. Preliminary
source data are replaced by final data
that become available after the initial
estimates have been made. Examples
of such data are the income tax statistics
of the Internal Kevenue Service (IKS)
and the payroll statistics compiled in
connection with the State unemployment insurance programs.
2. The revised estimates incorporate
the results of the 1958 Censuses of
Manufactures, Business, and Mineral
Industries, and of the 1960 Censuses of
Population and Housing. These census data provide periodic benchmarks
for the national income and product
estimates and affect them for an extended period of years. The last
general revision of this kind covered
the period 1947-57 and incorporated
data from the corresponding 1954 and
1950 censuses. Its results were published in U.S. Income and Output.1
1. U.S. Department of Commerce, Office of Business
Economics: U.S. Income and Output, A Supplement to the
Survey of Current Business, Washington, 1958.
August 1965
It should be noted that the present
benchmark revision has been even more
systematic than the preceding one. It
embodies the improved data sources
and estimating methods that were used
by the Office of Business Economics in
the preparation of the input-output
table for 1958.2 Construction of the
input-output table required a complete
accounting for all product flows—to
industrial users of raw materials and
semifinished products as well as to final
markets. This provided a new and
powerful cross-check, which improved
the accuracy of the estimates of the
level of GNP. In the prior benchmark
revision, only sales to final markets had
been estimated, and no attempt made
to ensure that—industry by industry—
the implied sales of intermediate products to industrial users were consistent
with information on purchases made by
such users.
In the course of making the benchmark estimates for 1958, the corresponding estimates for 1954 and
1947 were reviewed and adjusted whereever necessary in the light of the 1958
experience.
3. The estimates also incorporate
other improvements in estimating procedures and data sources too numerous
to list completely in this article.
However, specific reference should be
made to the new series on construction
activity, which was prepared by the
Census Bureau after it took over
responsibility for this work.
4. The constant-dollar GNP series
have been reworked and are now expressed in terms of 1958 dollars, instead of the 1954 dollars previously
employed.
5. The techniques used in adjusting
the series for seasonal variations have
been improved.
6. The 1957 Standard Industrial
Classification (SIC) has been used to
classify national income for the period
beginning in 1948. Prior to 1948,
the classification is based on the 1942
SIC, with modifications that have been
described in National Income, 1954
Edition.3 It was not possible to follow
2. "The Interindustry Structure of the United States, A
Keport on the 1968 Input-Output Study," Survey of Current
Business, November 1964.
3. U.S. Department of Commerce, Office of Business
Economics: National Income, 1954 Edition, A Supplement
to the Survey of Current Business, Washington, 1954.
SURVEY OF CURRENT BUSINESS
the 1957 SIC throughout, because the
data for the years before 1948 could not
be adapted to it. Estimates of national
income for 1948 are presented on both
bases to show the degree of comparability between the two.
7. The revisions incorporate several
definitional changes, the more important of which are discussed below.
These changes in definitions, the first
that have been made since 1958, are
quite limited. The broad concepts
and most definitions underlying the
U.S. national accounts, as described
in National Income, 1954 Edition, and
U.S. Income and Output, remain unchanged.
The subsequent sections of this
article discuss the definitional changes,
the statistical revisions, and the extent
to which the revised estimates modify
our notions of postwar production
levels, growth trends, cyclical fluctuations, and the like. Those not interested in the technicalities of definitions
and statistical methodology may turn
directly to the last section, although
they may have to consult the preceding
sections to obtain a full understanding
of it.
Definitional Changes
As a result of intensive work in
national income and product accounting, particularly since 1929, considerable agreement has developed among
those working in this field as to
what are the most useful ways of
defining GNP and related aggregates,
their components, and other flows
registered in the national accounts.
The U.S. national income and product
accounts reflect these commonly accepted principles. However, all the
details have not been settled. Definitional revisions continue to suggest
themselves as the result of further
thought, of the extensive use of the
national accounts in economic analysis,
and also as the result of improvements
in data sources that permit the implementation of more appropriate definitions and concepts.
The present report incorporates revisions in definitions that have suggested themselves since the last overhaul
of the U.S. national accounts in 1958.
Admittedly, some of the definitions
underlying the U.S. accounts, including
some of those introduced in the present
report, do not command the agreement
of all experts in this field. In this
respect, national income and product
accounting is no different from other
branches of the social sciences or from
the natural sciences. However, the
importance of the uncertainty that
stems from these disagreements should
not be overstated. It is reassuring to
note that the definitional changes that
have been made in this report do not
greatly affect our measure of the total
size of the1 national output, of its longterm growth and cyclical fluctuations,
or of other aspects of the economic
process.
In the discussion below, the several
definitional changes have been grouped
so as to combine items that posed
closely interrelated problems. As will
become apparent, however, this classification is not quite neat-—the choice of
discussing a given item under one
heading rather than another was to
some extent arbitrary.
Another principle for organizing the
discussion was discarded as being less
advantageous on balance. This was to
group the changes into those that affect
GNP and national income, the two
measures of national output; those that
affect only their components; and a
residual category that does not affect
these totals at all.
However, inasmuch as general interest centers on GNP, it may be useful
to enumerate here the changes that
affect the size of this aggregate: The
changed treatment of interest paid by
consumers, of expenditures on small
tools and similar items, and of certain
government "nontax" receipts from
business reduce the measure of total
GNP. The new treatment of commissions earned in the transfer of real
property increases GNP.
The following changes affect the
components of GNP but not the
total: The new treatment of personal
remittances to foreigners, and of certain
government grants to foreigners, increases net exports and reduces personal
consumption expenditures and government purchases correspondingly; that
of transfers of secondhand fixed assets
leads to offsetting changes in gross
SURVEY OF CURRENT BUSINESS
8
August 1965
Table 1.—Summary National Income and Product Accounts, 1964
[BillioDS of dollars]
I.—National Income and Product Account
Item
1
2
3
4
5
6
7
8
9
Revised
361. 7
Amount of
revision
Definitional
365.3
3.7
-0. 1
Wages and salaries _ _ _ _
331.6
Disbursements (II- 7) — _
331. 6
Wage accruals less disbursements (V—4)
Supplements to wages and
salaries _
30. 1
Employer
contributions
for social insurance
(111-14)
16.0
Other labor income (II-8) _ 14. 1
333.5
333.5
2.0
2.0
-. 1
-. 1
Compensation of employees
Proprietors' income (II— 9)
Rental income of persons
(11-10)
Net interest (11-13) _
___
18 NATIONAL INCOME
19 Business transfer payments
(11-17)
20 Indirect business tax and nontax liability (111-12) __
21 Less: Subsidies less current
surplus of government
enterprises (III— 6)
22 Capital consumption allowances (V— 7)
23 Statistical discrepancy (V-9) _ _
CHARGES AGAINST GROSS
NATIONAL PRODUCT
31.8
24
25
26
27
1.7
28
15.4
16.5
-.6
2.4
52.0
51. 1
-1.8
29
30
31
32
12. 4
18.2
5.8
57.4
57.6
25.8
31.8
19.8
64.5
64.8
27. 6
37.2
17.2
4.7
4.8
1.3
3.4
-1.7
2.5
2.5
.5
1.9
-.9
35
11.9
19.9
5. 1
2.8
36
37
-.2
-.3
-. 1
26.8
15.2
.2
-11.8
510. 1
5144
12.8
-8.5
2.5
2.3
-.2
59.4
58.0
— 1
-1.3
.9
1.2
.6
-.3
53.4
-2.0
55.7
-.5
4.0
1.5
-1.7
622. 6
628.7
17.3
-11.2
.9
33
34
38
39
40
41
42
Amount of
revision
Previously
published
Revised
399.3
398.9
11.7
-12. 1
57.0
177.3
165. 1
58. 7
177.5
162.6
1.7
.4
9.6
-. 1
-11.9
87.7
92.9
5.9
7
84.0
58.0
22.9
88. 1
60.5
21. 1
4.8
43
-1.4
-.7
-1.8
-.4
35. 1
26.0
39.4
27.5
5.7
.5
-1.3
1.0
3.7
4.8
1. 1
7.0
8. 6
.6
1.0
35.2
28.2
37.0
28.5
.9
.4
.9
-. 1
Government purchases of
goods and services (III— 1) - 128.6
128.4
-.8
.6
65.5
55.4
10. 1
63.0
65.3
49.9
15.4
63. 1
-1.2
-1.9
.8
.4
.9
-3.6
4.5
g
622. 6
628.7
17.3
-11.2
331. 6
333. 5
2. 0
-0. 1
Item
Statistical
10 Corporate profits and inventory valuation adjustment
11 Profits before tax
12
Profits tax liability (III-ll) .
13
Profits after tax _
14
Dividends (11-11) _ _
15
Undistributed profits
(V-5)
16 Inventory valuation adjustment (V-6)
17
Previously
published
Personal consumption expenditures (II-3)__
Durable goods. __
Nondurable goods
Services
Gross private domestic investment (V-l) .
Fixed investment
Nonresidential
Structures
Producers' durable
equipment
Residential structures
Change in business inventories
Net exports of goods and
services __
Exports (IV-1)
Imports (IV-2) . _
Federal
National defense
Other
State and local _
.
_
GROSS NATIONAL
PRODUCT.
Statis- Definitical
tional
II.—Personal Income and Outlay Account
1
Personal tax and nontax payments (111-10)-
2
Personal outlays
3
4
5
6
Personal consumption expenditures (1—24) _ _
Interest paid by consumers
(11-15) .
Personal transfer payments
to foreigners (net) (IV— 4)
Personal saving (V—3)
PERSONAL TAXES, OUTLAYS, AND SAVING
59. 5
59. 2
0. 3
-0. 6
399. 3
409. 5
11.7
-1.5
399. 3
398. 9
11.7
-12. 1
32. 5
491.4
10. 0
10.0
.6
.6
26. 3
495.0
-4.8
7.0
-1.3
-3.4
7
Wage and salary disbursements (1—3) _
_
8
Other labor income (1-7)
14. 1
16.5
2.4
9
Proprietors' income (1—8) _. _
52. 0
51. 1
-1.8
10
Rental income of persons (1—9)
12. 4
18. 2
5. 8
11
Dividends (1-14)
19. 8
17. 2
-1. 7
12 Personal interest income
13
Net interest (1-17) . ..
14
Net interest paid by government (III-5)
15
Interest paid by consumers
(II-4)
36. 0
26. 8
34. 3
15. 2
.1
.2
-1.8
-11.8
9.2
9. 1
~. 1
.1
16 Transfer payments to persons. _
17
From business (1-19) _ „
18
From government (III-3)
38.2
2. 5
35.7
36.6
2.3
34.2
— 3
-!2
-.0
19 Less: Personal contributions
for social insurance (III— 15)
12. 7
12. 4
-.3
491.4
495.0
7.0
PERSONAL INCOME
.9
-. 9
10. 0
10. 0
-1.4
-1.4
-3.4
SUEVEY OF CURRENT BUSINESS
August 1965
HI.
Government Receipts and Expenditures Account
Previously
published
Revised
128. 6
2 Transfer payments
3
4
Item
1 Purchases of goods and services (1-38)
To persons (11-18)
To foreigners (net) (IV-3) —
5 Net interest paid (11-14)
Amount of
revision
Item
Revised
Amount of
revision
Statis- Definitical tional
Definitional
128.4
-0.8
0.6
10 Personal tax and nontax payments (II-1)_
__ _ -
59.5
59.2
0.3
-0.6
37.4
36.4
-. 1
-1.0
35.7
1.8
34.2
2.2
-.0
-.1
-1.4
.4
11 Corporate profits tax liability
(I-12)_.
25.8
27.6
1.3
.5
9.2
9.1
-. 1
.1
12 Indirect business tax and nontax liability (1-20)
59.4
58.0
-. 1
-1.3
13 Contributions for social insurance
28.7
27.8
-.9
14
15
16.0
12.7
15.4
12.4
-.6
-.3
GOVERNMENT RECEIPTS.. 173.5
172.7
.5
-1.3
.9
1.2
.6
-.3
7 Surplus or deficit (— ) on
income and product account
(V-8)—
-
-2.7
-2.4
.8
-.6
8
9
-5.1
2.5
-3.8
1.4
1.2
-.5
.1
-.6
173.5
172.7
.5
-1.3
GOVERNMENT EXPENDITURES AND SURPLUS
Previously
.Pubhshed
Statistical
6 Subsidies less current surplus
of government enterprises
(1-21)
Federal
State and local
9
Employer (1-6)
Personal (11-19)
IV.—Foreign Transactions Account
1 Export of goods and services
35. 2
37. 0
0. 9
0. 9
2 Imports of goods and services
(I-37)__: _ _ _
28. 2
28. 5
0.4
-0. 1
3 Transfer payments from U.S.
Government to foreigners
(net) (III-4)
_ _
1.8
2. 2
-.1
.4
4 Personal transfer payments to
foreigners (net) (II— 5)
5 Net foreign investment (V—2)
RECEIPTS FROM
FOREIGNERS
. _
35.2
37.0
.9
PAYMENTS TO
FOREIGNERS
.9
.6
.6
5. 3
5. 8
.5
35.2
37.0
.9
.9
32. 5
26. 3
-4. 8
-1. 3
11. 9
19. 9
5. 1
2.8
o
-. 3
1
V.—Gross Saving and Investment Account
1
2
Gross private domestic investment (1-28)
.
-.
87. 7
92. 9
5. 9
Net foreign investment (IV-5) _
5. 3
5. 8
.5
— 0. 7
3 Personal saving (II— 6) _.
4 Wage accruals less disbursements (1—4)
5 Undistributed corporate
profits (1-15)
6
Corporate inventory valuation
adjustment (1—16)
7
Capital consumption allowances (1-22)
_ __
53. 4
55. 7
4. 0
-1. 7
8
Government surplus or
deficit (—) on income and
product account (III— 7)
-2.7
-2.4
.8
-.6
Statistical discrepancy (1—23)
—2. 0
-. 5
1. 5
92. 9
98. 7
6. 5
9
GROSS INVESTMENT.
781-756 O - 65 - 2
92. 9
98. 7
6. 5
—.7
GROSS SAVING AND
STATISTICAL DISCREPANCY
-.7
10
SURVEY OF CURRENT BUSINESS
August 1965
private domestic investment, on the assessed from the discussion of the the one recommended by the United
one hand, and government purchases summary accounts that follows.
Nations and used by most countries.
and personal consumption expenditures,
Transfer payments to foreigners
on the other; that of purchases by the Interest paid by consumers
Interest paid by consumers is no
Personal remittances to and from
National Aeronautics and Space Administration (NASA) reduces national de- longer regarded as reflecting production. foreigners and Government nonmilitary
fense purchases and increases other Accordingly, such payments have been grants are uniformly treated as transfer
Federal purchases by equal amounts; excluded from GNP and its personal payments in the revised accounts. The
that of government payments to non- consumption expenditure component, former are classified as personal transfer
profit institutions reduces personal con- and from national income and its net payments to foreigners (net), and the
sumption expenditures and increases interest component in the national latter as Government transfer payments to
government purchases; that of govern- income and product account. For 1964, foreigners (net). In the prior version
ment "nontax" receipts from persons the reduction amounted to $10.0 billion; of the accounts, only cash Government
increases personal consumption ex- this is by far the largest definitional grants were classified as transfers;
penditures and reduces government change. This sum is included in entries personal remittances in cash and in
for items 17 and 27 in the definitional kind and Government nonmilitary
purchases.
revision
column of Account I, and in grants in kind were regarded as purIn deciding on the definitional
the
related
subtotals and totals.5 Per- chases of goods and services by persons
changes, the first consideration was,
of course, the improvement of the U.S. sonal income and its major components and Government, respectively. (Milinational income and product accounts are not affected by this change. A tary grants continue to be classified as
as a tool of economic analysis. Better new category, personal outlays, is government purchases—i.e., it is the
integration of these accounts with the introduced (item 2 of Account II), con- purchase of military equipment, etc.,
U.S. balance of payments statistics, sisting of personal consumption ex- by the U.S. Government that is regiswhich also are prepared by OBE, was penditures, interest paid by consumers, tered in the accounts, rather than its
a supplementary consideration in some and personal transfer payments to subsequent transfer to foreign nations.)
These changes do not alter the size of
cases. Weight was given throughout foreigners. (See immediately below.)
Personal
saving
is
unaffected,
but
must
total
national output, but they do alter
to the recommendations of the United
now
be
regarded
as
personal
disposable
its
composition.
Personal consumpNations for international standards in
income
less
personal
outlays.
tion
expenditures
are
reduced by the
national income and product account4
amount
of
net
personal
remittances to
The
new
treatment
given
to
interest
ing.
foreigners
($0.6
billion
in
1964, reflected
paid
by
consumers
is
the
same
as
the
In discussing the main definitional
in
item
27
of
Account
I),
and governestablished
treatment
of
interest
paid
changes, we shall systematically trace
ment
purchases
are
reduced
by the
by
government,
and
can
be
justified
on
their effects through the five major
6
amount
of
nonmilitary
grants
in
kind
the
same
grounds.
The
treatment
of
accounts by means of which the U.S.
($0.4
billion
in
1964,
reflected
in
item
both
of
these
items
is
somewhat
connat'onal income and product statistics
41).
These
reductions
are
offset
by
an
troversial,
but
on
balance
the
considercan be summarized: the national inincrease
in
net
exports
of
goods
and
ations
seemed
to
favor
the
change
that
come and product account, the personal
income and outlay account, the govern- has been made. The new procedure is services. (See item 35.)
ment receipts and expenditures ac5. The values hi the table column showing the magnitude of the definitional change may differ from the values cited in
count, the foreign transactions account,
the text for two reasons: The values in the table may combine several changes discussed separately in the text, and they
and the gross saving and investment account
for all definitional changes whereas the text discusses only the more important ones.
6. In an explanation of the treatment of interest paid by government and consumers, the question that is best answered
account. (See table 1.) The first of
is why interest paid by business is counted as part of total production, although the exclusion of interest paid by governthese accounts shows the national out- first
ment and consumers is recommended. Interest paid by business can be counted as part of production, because an item for
put; the next three show the distribu- profit or loss is also included in measuring the business contribution to production. If interest paid by business changes
a similar change in the value of business production, there will be an offsetting change in profits, which will ensure
tion of that output to major economic without
that the sum of interest, profits, and other incomes originating in business correctly measures the contribution to production
groups for current use; and the fifth originating in the business sector. Furthermore, it is possible to interpret some of these incomes as representing the contribution of labor and others as representing the contribution of business capital. In the case of corporations, for instance
shows the portion of national output employee
compensation can be thought of as measuring the contribution of labor, and the sum of interest and profits as
that is saved and invested.
measuring the contribution of corporate capital.
The situation is very different in the government and consumer sectors. In the case of government and consumers,
Most users of national income and interest
paid is not associated with a profit item that acts as a "lid," as it were. If interest payments by government and
product statistics will work with the consumers are counted as part of production, any change in these payments will be directly reflected in the total. It also
appears that these payments cannot be regarded as measuring the contribution of government and consumer capital to
tables that follow this article, rather production.
Debt resulting in interest payments may be incurred by government and consumers without a corresponding
than with the summary accounts. acquisition of capital assets, and capital assets may be acquired by them without incurring debt resulting in payments of
interest. Thus, there can be no presumption of correspondence between government and consumer interest payments,
Inasmuch as these tables are extensions on
the one hand, and the services of government and consumer capital, on the other.
of the summary accounts, the changes
The proper way to measure the contribution to production of government and consumer capital would be to estimate the
on it. However, this approach cannot be implemented at present because of statistical and conceptual difficulties
incorporated in the tables can be return
that have not yet been resolved. Pending the resolution of these difficulties, it seems preferable to refrain from measuring
4. United Nations, Department of Economic and Social
Affairs: A System of National Accounts and Supporting
Tables, Studies in Methods, Series F., No. 2, Rev. 2, New
York, 1964.
the contribution to production of government and consumer capital, rather than to attempt to approximate it by including
interest paid by government and consumers in GNP.
For a further discussion of this subject, see George Jaszi, "The Conceptual Basis of the Accounts," in National Bureau of
Economic Research: A Critique of the U.S. Income and Product Accounts, Studies in Income and Wealth, Vol. 22, pp. 50 ff.,
Princeton, 1958.
SURVEY OF CURRENT BUSINESS
August 1965
11
Table 2.—'Revisions of National Income and Product Accounts, Major Totals and Components, Selected Years, 1948-64
[Billions of dollars]
Total revisions
GROSS NATIONAL PRODUCT _
Personal consumption expenditures
D urable goods
N ondurable goods
Se rvices
-
Gross private domestic investment _ _
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential structures
Change in business inventories
1953
1957
1958
1960
-1.9
-0.8 -1.6
2.8
1.2
2.3
1.7
2.9
2.9
2.3 2.0
-1.4 -2.0 -1.2
-.5 -1.2 -1.1
-.9 -.8 -.1
4.2
3.1
4.3
-.3
-_-
Net exports of goods and services
Exports
Imports
1948
-4.8 -2.7 -3.7 -3.1 -3..0
.4
.4
.4
.6
— .0
-2.5 -1.2 -2.1 -1.5 -.5
-2.2 -1.9 -2.0 -2.3 -2.9
-
________
Statistical Revisions
___
_
_ _-
Government purchases of goods and services
Federal
National defense
Other
State and local
4.3 3.1
3.8
3.0
1.2
1.1
-.9 -1.5
1.9
2.7
1.8
2.7
.1
.5
1964
1948
1953
1957
1958
0.3
3.6
5.0
9.4
9.3
17.3 -2.1 -4.4 -6.7 -6.6 -8.2 -11.2
-.4 -2.5
1.8
3.0
3.8
6
1.7 -.0
.4
.4
.2 -2.3 -1.0 -2.0 -1.4
-2.4 -.2 2.5
4.6
4.5
5.5
.4
-.4
5.5
11.7 -2.3 -4.5 -6.7 -6.9 -8.5 -12.1
17
i -.1
.4 -.3
-.1 -.1
9.6 -2.0 -4*. 4 -6.6 -6!8 -8.3 -11.9
6.1
5.2
4.1
2.5
-1.8
4.3
1.5
1.1
2.7
2.7
-.3
-.0
3^0
-.0
.9
.1
1.1
-.5
10
.6
.1
—. 1 _ i
-.4
-.2
—.2
.0
-.2
.7
1.0
1.1
-.1
-.3
.0
.4
-.7
1.1
-.4
-.2
-.3
-5.5
5.2
.1
.0
.0
-.5
.5
-.0
-.6
-.6
-.7
.1
.1
10
.6
—.4
8
.6
—.1
1.0
.9
-.1
.1 -.9 -3.0
.2 -1.2 -2.8
.1 — 1 9 — 4
.1
.8 -2.4
— l
4 — 2
-.5
-.4
1
-.5
— 2
-.4
-.2
3
-.5
— l
-.2 -.1
-.1
.2
8
1
-.2
1.0
— 2 — 3
.6
.9
-3.6
4.5
— 3
2.8
1.2
6.1
.3
3.6
5.0
9.4
9.3
.7
.1
.6
.4
.3
.1
.1
.6
.3
.4
.8
.3
.6
.6
3.6
1.9
1.7
-.6
2.4
.2
.2
.4
.6
-.5
1.0
.1
.9
.4
.6
.7
-.3
1.0
.1
.9
Proprietors' income
Rental income of persons
G
.7
— 2
2.1
-.4
2.9
.6
3.2
-.0
3.7
-.9
5.8
-.2
.7
-.6 -1.1
2.1
2.9
2.2
2.2
0
2.2
-.2
2.4
2.3
2.3
4.0
4.0
.3
3.7
-.8
4.5
5.5
4.0
4.0
5.5
.4
.8
3.6
4.7
-.8 -1.1
4.4
5.8
7.1
7.2
1.8
5.4
-2.6
8.0
-.1
.6
.6
.0
.6
-.1
.7
-.3
-.3
—.1
-.1
-.2
.1
-11.6 -.2
1.0
4.2
-.2 -.0
-1.6 -.0
.1
.3
.5
2.3
1.5 -1.2
-.7
1.0
-.2
-.1
.0
1.2
1.7
PERSONAL INCOME
- _ _
PERSONAL TAXES, OUTLAYS AND SAVING
17.3 -2.1 -4.4 -6.7 -6.6 -8.2
-11.2
3.7
2.0
1.7
-.6
2.4
-.0
— 0
-.1
— 1
-.1
—.1
-.2
—.2
-.1
— i
-.1
—.1
— 2
3.2
—.6 -1 8
3.7 5.8
3
4
.7
7
5
.9
1.2
1.2
-.0
1.2
-.4
1.6
1.3
1.3
.1
1.2
-.3
1.5
2.6
4.7
1.6
2.6
4.8
1.6
o
.4
13
2.2
1.6
3.4
-.4 -1.7 — 1
5.1
2.7
1.6
-.1
2.6
2.6
2
2.4
-.2
2.6
2.7
2.7
.3
2.5
-.5
2.9
2.7
2.7
3
2.4
-.5
2.9
2.8
2.8
4
2.4
-.6
3.1
2.5
2.5
.5
1.9
-.9
2.8
-.8
2.9
-.3
-.1
-.1
1.9
.6
-.7
4.4
-.3
.0
-.1
2.0
3.0
-.9
5.6
-.4
-.3
-.2
2.2
2.0
2.5
.2 -2.1 -4.7 -7.1 -7.3 -8.8 -11.8
12.8 -.3 -1.8 -3.7 -4.0 -5.6 -.«. 5
-.2
-.3 -.3 -.5 -.8 -.9 -.9 -1.3
-.3
.6
.0 -.0
.1
.0
4.0 -1.5 -2.1 -2.3 -1.'7 -1.8 -1.7
1.5
-.3
3.6
.3
.9
1.1
2.1
7.0
-.5
-.9 -1.4
-2.4
-3.4
-1.7
.1
10.0
-1.4
-.3
-.2
-.7
-.8
-.0
-.7 -1.0
-.0 -.0
.1
-.1
.0
.1
.0
.0
-.0
-.1
.0
-.1
.1
-.0
-.3
-.6
.0
1.5
-.0
-.9 -1.2 -1.3 -1.5
.0
.0
.0
.0
5.9
5.8
7.3
3.8
-.2 -.2 -.3 -.6
-1.8
.1
10.0
-1.4
3.6
.3
.9
1.1
2.5
2.1
7.0
-.5
-.9 -1.4
-2.4
-3.4
.4
-.3 -.0
.0
.3
1.8
10.2 -2.5
3.0
3.8
.6
2.8 -1.0 -2.1 -1.6
-6.2
-.1
5.4
.3
11.7
-.0
-.1
.7
-.4
—.2
-.3
.5
-.5
-.3
-.4
.5
-.7
—.3 —.4
-.5 -.6
.5
.5
-.8 -1.2
—.6
-1.5
.6
-1.3
.5
-.3
-.5
-.8
-.9
-.9
-1.3
-1.3
-.2
-.1
-.1
-.3
-.3
.9
.9
-.3
—.1 —.2 —.1
.0 -.5
3.3
1.6
2.6
4.8
-2.6
.7
.5
.5
.5
.5
2.4 -1.5 -2.9 -2.4 —4.6
Personal tax and nontax payments
Personal outlays
Personal transfers to foreigners (net)
Personal saving
6
.9
.4
-.8 -1.6 -2.0 -2.1 -2.4
.1
.0
.0
.0
.0
5.9
7.3
5.8
1.5
3.8
-.3
-.6
-.0 -.2 -,2
.1
.0
.0 —.0
-.2
——
-.7
-.7
-1.8
-.4
-1.3
1.0
9
.5
-.3
.5
.1
.4
Personal interest income
Net interest paid by government
Interest paid by consumers
Transfer payments from government __
Less: Personal contributions for social insurance
1964
9
.5
—.4
.3
.2
.1
.1
-2.4 -5.4 -7.8 -8.0 -9.8
.4 -.0
.7 -.8 -.8
-.0 -.2 -.3 -.3 -.4
-.3 -.6 -.9 -.9 -1.2
.1
.0 -.1 -.2 -.3
.3
.4
-.9 -.9 -.4
.6
2.0
3.0
-1.2
1.7
1960
30
2.3
-.7
.3
.3
-.0
.2
.2
Net interest.
__
_
Equals: National income
Business transfer payments
Indirect business tax and nontax liability
Less: Subsidies less current surplus of government enterprises
Capital consumption allowances _ _
Statistical discrepancy
1958
—.1
-.3
-.2
-3.0 -1.2
-2.8 -.9
-8 — 6
-1.9 -.2
-.2 -.3
2.3
-.3
2.6
1957
—.1
-.3
-.2
1.6
1.8
.3
o
1953
—.1
-.1
i
1.1
.9
-.2
C ompensation of employees
Wages and salaries
Supplements to wages and slaries
Emplover contributions for social insurance
Other labor income
Corporate profits and inventory valuation adjustment _
Profits before tax
__
_
Profits tax liability
Profits after tax
Dividends-Undistributed profits _
Inventory valuation adjustment
1948
4.6
3.5
5.9
.2 -.2 -.5 -.4 -.4
4.2
3.4
4.8
.2 -.2 -.5 -.4 -.4
2.4
2.7 4.3 -1.1 -1.6 -1.6 -1.4 -1.5
-.4 -1.1 -1.4 -.5
-.5 — 4 -.5
2.8
3.8
5.7 -.6 -LI -1.2 -!9 -1.1
.7
1.7
.5
1.3
1.4
1.1
1.2
1.0
.1 1.1
.5
1.0
.4
-.6
-.8 -1.6
1964
2.2
2.4
.4
-.6
1.0
2.0
-.2
.8
.3
-.5
CHARGES AGAINST GROSS NATIONAL PROD-1.9
UCT
1960
2.5
2.5
-.3
-.6
.3
2.8
8
.3
-.5
30
2.3
-.7
Definitional Revisions
3.4 -4.8
-1.6
-1.6
GOVERNMENT RECEIPTS
—.4
—.6
-.7
-.5
-.8
-.8
*
-.1
.1
.4
GOVERNMENT
PLUS
—.4
—.6
—.7
—.5
-.8
-.8
-.1
—.1
.1
.4
.1
.5
-.3
-.5
-.8
-.9
-.9
2.3
.3
.4
-.1
.4
.2
.4
-.1
.3
.5
-.3 -1.1
.1 -.8
-.4 -.3
.3
-.2
-.0
-.2
.4
3
1.3
-1.1
-.1
.8
1.2
-.5
2.3
.4
.5
-.1
.4
—.2
-.1
-.2
.3
-.4
-.0
-.4
.5
-.7
-.3
-.4
.3
—.4
-.0
-.4
.4
-.6
.1
-.6
FOREIGN TRANSACTIONS: RECEIPTS FROM
FOREIGNERS
2.3
.3
.4
.9
1.8
FOREIGN TRANSACTIONS: PAYMENTS
FOREIGNERS
2.3
.3
.3
.4
.9
1.8
-.1
-.3
-.1
— 1
_ i
_ l
EXPENDITURES AND SUR-
Transfer payments to foreigners
Surplus or deficit ( — ) on income and product account
Federal
State and local
TO
.3
—.1
i
-!i
.1
.5
.4
.0
.1
.1
.0
—.4
-.5
.1
.0
.2
-.0
.2
-.1
-.3
-.3
.3
.9
2.3
.5
.5
.6
.6
.9
.3
.9
2.3
.5
.5
.6
.6
.9
3
5
-.5
-.4
-.4
-.7
-.1
-.1
.3
.5
2.9
2.2
1.6
4.2
3.4
5.7
2.7
2.4
2.1
4.6
3.8
6.5
.2
-.2
GROSS SAVING AND STATISTICAL DISCREPANCY.,
2.9
2.2
1.6
4.2
3.4
5.7
2.7
2.4
2.1
4.6
3.8
6.5
.2
-.2
-.5
-.4
-.4
-i7
GROSS SAVING
4.1
.1
1.1
1.1
1.4
4.3
3.9
.3
1.5
1.5
1.8
5.1
.2
-.2
-.5
-.4
-.4
-.7
Net foreign investment
GROSS INVESTMENT
.
SURVEY OF CUEEENT BUSINESS
12
Table 3.—Summary of Definitional Revisions—1964
[Billions of dollars]
Capital gain distributions
Profits of life insurance, etc.
*
5
1
1
1
Government payments to non-profit
institutions
Government non-tax
receipts
NASA purchases
Real estate
commissions
Petroleum and natural gas well
drilling
Second-hand fixed
assets
Small tools, etc.
Transfer payments
to foreigners
Total
Interest paid by
consumers
Definitional Revisions
GROSS NATIONAL
PRODUCT
_
Personal consumption expenditures
Durable goods.
Nondurable goods
Services.
Gross private domestic investment
Fixed investment. _
_._
Nonresidential
Structures
Producers' durable equipment
Residential structures
Change in business inventoriesNet exports of goods and servicesExports
Imports
Government purchases of goods
and services .
Federal
National defense
Other
State and local
CHARGES
AGAINST GROSS
NATIONAL
PRODUCT
Compensation of employees
Wages and salaries
Supplements to wages and
salaries
Employer contributions for
social insurance
__ _ _
O ther labor income
Proprietors' income _ _
Rental income of persons
Corporate profits and inventory
valuation adjustment
Profits before tax..
Profits tax liability.
Profits after tax...
Dividends _
Undistributed profits
Inventory valuation adjustment
Net interest
Equals: National income—
Business transfer payments
Indirect business tax and nontax liability
Less: Subsidies less current surplus of government enterprisesCapital consumption allowancesStatistical discrepancy
PERSONAL INCOME
Personal interest income
Net interest paid by government
Interest paid by consumers
Transfer payments from government
Less: Personal contributions for
social insurance
...
PERSONAL TAXES,
OUTLAYS, AND
SAVING
Personal tax and nontax payments
Personal outlays
Personal transfers to foreigners
(net) ..
Personal saving
GOVERNMENT
RECEIPTS
GOVERNMENT
EXPENDITURES
AND SURPLUS
Transfer payments to foreigners
Surplus or deficit (— ) on income
and product account
Federal.
State and local
FOREIGN TRANSACTIONS:
RECEIPTS FROM
FOREIGNERS
FOREIGN TRANSACTIONS:
PAYMENTS TO
FOREIGNERS
Net foreign investment
GROSS
INVESTMENT
GROSS SAVING
AND STATISTICAL
DISCREPANCY.—
GROSS SAVING
"Includes rounding errors.
-11.2
-1.4
-10.0
-0.2
-0.8
1.2
-12.1 —10 0
—.6
—14
-.1
—.1
-11.9
-.6
-1.4
-.1
.1
-10.0
— 7
-.7
—1.8
—.4
—1.4
-1.4
—1.4
6
6
—1.3
1.0
-1.4
1.0
.9
—.1
1
2
2
.1
.1
-.6
-.5
1
5
10
.5
1.0
.9
-
— 1
6
.9
-3.6
45
—.3
-11.2
—.1
—.1
12
12
Q
— 4
— 4
— 4
— 1.4
—10.0
4.6
6
1.1
.3
12
2.5
2.5
.5
1.9
—.9
2.8
—10 0
-10.0
-.2
—.5
.2
-.4
-.8
-.2
-.1
—.1
3
3
4
4
18
18
.3
3
4
13
-3
.3
12
5
4
1.6
-.6
.6
-.1
-.1
-1.8
—.8
-.3
—1.7
-.5
-.3
—1.4
— 3
.8
-2.0
—1.8
— 1.4
-.6
-.2
.1
10.0
—1.4
—1.4
-3.4
.8
—.6
—1 5
6
-1.3
-.2
.2
-.1
.1
—1.3
—3.4
—1.8
.1
10.0
-.8
—.3
g
.9
—11.8
—8.5
1.4
1.4
4 6
-2.0
— 1.4
-.6
-.2
-.1
-.1
—.5
-1 4
6
-1.6
.8
-.6
.1
—1.3
—.8
-.5
— 1.3
-.8
-.5
4
4
-.6
1
-.6
-.6
.1
—.6
.9
.9
.9
.9
—.7
-1.4
-.6
1.2
.1
—.7
-.7
— 1.4
-1.4
—.6
-.6
1.-2
.1
.1
1.2
August 1965
This changed treatment has the following ramifications: In accounting for
personal transactions, the reduction in
personal consumption expenditures is
offset by the establishment of a new
category, personal transfer payments
to foreigners (item 5 of Account II).
In accounting for government transactions, the reduction in government
purchases is offset by an increase in
government transfer payments to foreigners (item 4 of Account III).
Finally, in the foreign transactions
account, the increase in net exports
(item 1 minus item 2) is matched by a
corresponding increase in transfer payments from the United States—i.e.,
the net personal and government transfer payments to foreigners just discussed.
The changed treatment of personal
cash remittances follows common sense:
The prior treatment of this item as involving the purchase of a service from
foreigners was justified only on the
ground that it simplified the tabular
presentation of the national income and
product accounts. The new procedure
also accords with the classification of
these remittances in the balance of payments statistics. The new treatment
of personal remittances in kind and of
Government nonmilitary grants in kind
recommends itself mainly because it
conforms to the treatment of these
items in the balance of payments
statistics, and accordingly, together
with the new procedure for personal
cash remittances, obviates the need for
the complex "bridge" table used hitherto to reconcile the national income and
product with the balance of payments
accounts.7 The new procedures follow
international conventions for national
income and product and balance of
payments statistics.
Capital formation
Several changes affecting the measurement of private fixed capital formation have been made.
7. See table IV-4 of U. S. Income and Output. To eliminate
the need for this table, it was also necessary to change the
treatment of international flows of government interest.
In the prior procedure, international flows of government
interest were included in government transfer payments to
foreigners (item 4 of Account III and item 3 of Account IV).
In the new version, they are classified as government purchases (item 1 of Account III) and exports and imports
(items 1 and 2 of Account IV). Total GNP is not affected
by this shift, because the changes in government purchases
and net exports are offsetting. Total government and
foreign receipts and expenditures also remain unchanged.
August 1965
1. Purchases of small tools and
similar items usually charged to current
expense by business are no longer
counted as part of gross capital formation. In the national income and
product account, this change reduces
GNP and its gross private investment
component (producers' durable equipment) and capital consumption allowances (capital outlays charged to current expense) by identical amounts.
In 1964, the reduction amounted to $1.4
billion (included in items 22 and 32).
The remaining entry in the "capital
outlays charged to current expense'7
component of capital consumption allowances, which reflected expenditures
for petroleum and natural gas well drilling, is also liquidated as such. Expenditures for such drilling, which continue
to be included as fixed investment (in
its nonresidential structures component), are now depreciated over time
instead of being charged off in the year
in which they are made. This has offsetting effects on the measures of business profits and capital consumption
allowances; the sum of the two is unchanged. In 1964, total capital consumption allowances were reduced by
$0.3 billion, and corporate profits increased by the same amount (included
in items 22 and 15). To the extent that
unincorporated enterprises are involved,
the change in the treatment of gas well
drilling is reflected also in personal
income (through its proprietors' income
component) and in personal saving
(Account II). In 1964, the amount was
very small.
In the accounting for saving and
investment, the changed treatment of
expenditures for small tools and similar
items results in an equal reduction of
gross saving and investment, and the
changed treatment of petroleum and
natural gas well drilling results in a shift
among the components of gross saving.
The changed treatment of petroleum
and gas well drilling is a clear-cut improvement in accounting procedures.
The elimination of small tools and
similar items from capital formation
simplifies definitions and estimation
problems by accepting the accounting
practices of business in drawing the line
between capital outlays and current
expense. The distinction made by
SURVEY OF CURRENT BUSINESS
business between purchases of "complete" items, which are capitalized, and
of replacement "parts," which are
expensed, even though somewhat arbitrary, has traditionally been accepted
in the national accounts, because of lack
of better criteria. It seems equally
appropriate to adopt the conventions
of business with respect to the accounting for small tools, etc., which are of a
similar nature and have a much smaller
effect on the measurement of capital
formation.8
2. Transactions in secondhand fixed
assets among the several sectors of tha
economy (persons, government, etc.)
are recorded in the new estimates to the
extent that statistical information permits. In the prior estimates, these
transactions were taken into account
only to the extent that they generated
productive activity measured by commissions or maigins. (See point 3
below.) The basic capital value of the
secondhand assets exchanged was excluded. The new procedure results in
offsetting changes in the components of
GNP and does not alter the total. For
instance, government purchases of
secondhand fixed assets from business
increase government purchases and
reduce fixed investment. In 1964, net
government purchases of such assets
amounted to $0.6 billion (included in
items 29 and 38 of Account I). Transactions of this type were at a maximum
in 1946, when net government sales of
secondhand fixed assets were $1.2
billion. Again, when used passenger
cars owned by business are sold to
consumers, they reduce business investment and increase personal consumption expenditures (net purchases of
automobiles).
The new treatment affects the
measures of personal saving in the
personal income and outlay account and
of the government surplus in the
government receipts and expenditure
account. In the accounting for saving
and investment, the new procedure results in changes in gross private domestic investment that are offset by corresponding changes in the government
surplus and in personal saving.
The new procedure was adopted for
several reasons: It results in estimates
8. See George Jaszi, op. cit., p. 85.
13
of investment consistent with the
capital consumption estimates, which
reflect the depreciation of the total
stock of capital owned by business; it
permits the development of estimates
of the stocks of capital assets owned by
business and other sectors of the
economy; and it results in estimates of
sectoral saving via the income-lessoutlay approach that are consistent
with estimates prepared for similar
sectors by adding up changes in their
assets and liabilities.
3. Commissions arising in the sale
and purchase of new and existing fixed
assets, principally real estate, are capitalized in the new estimates; in the
prior version, they were generally treated as current expense. For 1964, real
estate commissions are estimated at
$1.2 billion. In the national income
and product account, a shift from expensing to capitalization raises GNP
(and its fixed investment component),
and total charges against GNP (and
the sum of its profit-type income and
capital consumption allowances components) by equal amounts. In the
personal income and outlay account,
personal income is affected through its
profit-type components, and personal
saving is affected identically. In
accounting for saving and investment,
the increase in investment is matched
by an increase in the sum of undistributed profits, capital consumption
allowances, and personal saving. The
new treatment recommends itself because it seems to reflect better accounting procedures, which are at the same
time in agreement with the accounting
procedures of business.
Government transactions
1. Federal defense purchases have
been redefined to exclude purchases by
NASA. These amounted to $4.6 billion
in 1964. NASA purchases are now
included in nondefense purchases, in
conformity with the classification used
in the Budget of the United States.
2. Government payments to private
nonprofit institutions to finance expenditures for research and development, amounting to $1.4 billion in 1964,
have been reclassified as government
purchases. In the prior version of the
accounts, they were classified as govern-
SURVEY OF CURRENT BUSINESS
14
ment transfer payments. The total
of government expenditures (Account
III) is not affected by this change.
Incomes and (net) purchases of nonprofit institutions are reduced by identical amounts. Inasmuch as these
institutions are part of the personal
sector (Account II), personal income
and its component " Government transfer payments to persons" are reduced
(item 18). The corresponding offset
is a reduction in personal consumption
expenditures (net purchases by nonprofit institutions). In the national
income and product account, the increase in government purchases (item
39) is offset by the reduction in personal
consumption expenditures (item 27),
with no effect on total GNP.
This change was made because it
seemed anomalous to classify Govern-
ment-sponsored outlays that are very
similar to outlays included in national
defense purchases, purchases by
NASA, and other Government agencies
as personal consumption expenditures
in the national accounts. The new
procedure also puts research and development work done for Government by
nonprofit institutions and by business
on an equal footing. (The prior classifications were established at a time
when Government payments to nonprofit institutions for research and
development were very small.) However, in making the change, it became
apparent that it is not easy to distinguish Government payments to
nonprofit institutions that should realistically be regarded as payments for
goods and services from bona fide transfers (i.e., payments made to these
CHART 3
Effect of Revision on 1964 Gross National Product and National Income
I Total Revision
| Statistical Revision
Definitional Revision
GROSS NATIONAL
PRODUCT
NATIONAL
INCOME
Employee
Compensation
Personal
Consumption
Expenditures
Proprietors'
Income
Gross Private
Domestic
Investment
Rental
Income
Net
Exports
Corporate
Profits
and IVA
Net
Interest
Government
Purchases
0
Billion $
U.S. Department of Commerce, Office of Business Economics
-20
-10
10
20
-20
-10
0
Billion $
10
20
65-8-3
August 1965
institutions to enable them to finance
programs directly benefiting individuals
from which the Government obtains no
direct return). In other words, the
prior definitions were easier to implement but yielded less meaningful results.
3. Several kinds of government receipts hitherto included in nontax
receipts have been reclassified as government sales and have been netted
against total government purchases to
derive the measure of (net) government
purchases for inclusion in GNP. The
items so reclassified reflect sales of
products generally sold mainly by busi
ness enterprises—timber, electricity,
and agricultural products, for instance.
Government receipts and expenditures (net) are reduced by identical
amounts by this change—$0.8 billion
in 1964—but their balance is not
affected. To the extent that the items
reclassified involve persons as the second party—a very small amount in
1964—the change increases personal
consumption expenditures and reduces
personal tax and nontax payments
correspondingly. (See items 3 and 1
in Account II.) In this case, there is
no change in total GNP: In the national
income and product account, the decrease in government purchases (item
38) is offset by the increase in personal
consumption (item 24). If, however,
business is the second party involved—
as it was to the extent of $0.8 billion in
1964—a reduction in total GNP results.
The reduction in government purchases
is carried through to total GNP, and
the offsetting reduction in the national
income and product account is in indirect business tax and nontax liability
(item 20).
It seems preferable to treat government transactions in items similar to
products produced by business as sales
and purchases instead of as similar
to taxes. In accounting for personal
transactions, the new treatment is likely
to provide a somewhat more useful
breakdown between consumption, on
the one hand, and payments akin to
taxes, on the other. When business is
involved, the new treatment gives a
better measure of total GNP. To put
it briefly, in the new procedure, sales
of intermediate products by government, like sales of intermediate products
August 1965
SURVEY OF CURRENT BUSINESS
by business, cancel out in the measurement of total GNP. According to the
prior procedure, government sales of
this type were reflected in total GNP.
15
CHART 4
Revised and Previously Published Series: GNP, National Income,
Personal Income, and Disposable Personal Income
Corporate versus personal income
1. In the prior version of the national
accounts, stock life insurance companies and all mutual institutions—
savings banks, savings and loan associations, credit unions, and insurance
companies—were not credited with
profits of their own. Their profits
were attributed to their policyholders
or depositors and appeared as a component of personal income and saving.
In terms of accounting techniques,
this was accomplished in general by
transferring to persons, in the form of
imputed interest, all property income
received by these institutions, and by
including in personal consumption expenditures amounts equal to the operating expenses of these institutions.
In the revised version of the national
accounts, these institutions are credited
with profits of their own. Total profits
of this type amounted to $1.8 billion
in 1964. For life insurance companies,
this profit equals "net gain from
operations," as distinguished from additions to their policy reserves. The
latter continue to be credited to policyholders. For other institutions in this
group, profits equal net operating
earnings, which they retain. Personal
saving is reduced by corresponding
amounts in the revised estimates.
Procedurally, the change is accomplished in general by reducing the
amount of imputed interest paid out to
persons by these institutions (included
in item 17 of Account I). Corporate
profits and undistributed corporate
profits are correspondingly increased
(item 15).
GNP is not affected by these changes.
The national income total is also unchanged, because the changes in profits
and net interest are offsetting. Personal income and its interest component
are reduced; this reduction carries over
into personal saving. In accounting for
saving and investment, personal saving
is reduced and undistributed corporate
Billion $
650
600
Revised
Previously Published
550
500
450
400
350
300
250
200
150
1946
48
50
U.S. Department of Commerce, Office of Business Economics
64
SURVEY OF CURRENT BUSINESS
16
profits are increased, with no change in
total saving or in investment.9
This change in the treatment of
stock life insurance and all mutual
institutions was made because it seemed
unrealistic to treat the profits of these
business-type institutions as though
they were saving by individuals. Inclusion of the profits of these institutions in corporate profits broadens
this concept somewhat. To facilitate
the analysis of profits, the new component will be shown separately in the
complete set of tables whose publication was referred to earlier.
2. The components of corporate profits
have been affected by a change in the
treatment of the distribution of capital
gains by investment companies. In
the prior estimates, these distributions,
amounting to $0.6 billion in 1964, had
been included in personal income and
its dividends component; they are
excluded from the revised estimates.
9 It will be noted that the above changes imply changes
also in the treatment of related taxes and dividends; these
will not be discussed here. About $0.5 billion of taxes were
shifted from personal to corporate profits taxes in 1964, while
dividends were reduced by $0.3 billion.
In Account II, personal saving is reduced like personal income; in Account I, there are offsetting changes in
undistributed corporate profits and
dividends; in Account V, in undistributed corporate profits and personal
saving. The new procedure conforms
to the exclusion, in national economic
accounting, of capital gains and losses
from income.
Table 2 shows for selected years of
the postwar period the information on
definitional and statistical changes that
table 1 shows for 1964. The organization of table 2 differs somewhat from
that of table 1: The two sides of the
accounts are presented in vertical
sequence, and items that represent
repetitions of previous entries are
omitted.
Table 3 provides a synopsis of the
effects of definitional revisions in 1964
and summarizes the preceding discussion. Reading across the table, we
can see the total effect of definitional
revisions on each component of the
national accounts, and how much each
of the definitional revisions contributed
CHART 5
Average Annual Rates of Increase in Real GNP, 1948-64
Percent
5
1948-64
1948-53
U.S. Department of Commerce, Office of Business Economics
1953-57
1957-60
1960-64
August 1965
to that total. Reading down, we can
see which of the various components
were affected by a given definitional
change, and the extent to which they
were affected. The column of table 3
marked "Total" agrees with the 1964
column of table 2 marked "Definitional
revisions," and also with the definitional
revision column of table 1.
Statistical Revisions
The following review of major statistical revisions will deal first with GNP
and its components and next with
national income and its components
and the other items on the left-hand side
of the national income and product
account. Statistical revisions that do
not appear in that account because
they affect transactions among other
accounts (personal income and outlay,
government receipts and expenditures,
foreign transactions, and gross saving
and investment) have not been large.
Gross national product
Although changes were made in all
of the major components of GNP in the
postwar years, large revisions were confined to three: personal consumption
expenditures for services, investment
in structures, and investment in producers7 durable equipment.
1. Most of the upward statistical
revision in personal consumption expenditures for services in recent years
was in housing expenditures. In 1964,
it amounted to $8.0 billion. (It is
included in table 1, item 27 of Account
I, and also in table 2, in the columns
labeled "Statistical revisions.") The
major element in this revision was an
increase in the average rental value
attributed to owner-occupied dwellings.
(This is an "in kind" or "imputed"
item rather than an actual monetary
flow.) The previous estimates did not
fully reflect the upgrading in the quality
of housing that became apparent from
an analysis of data from the 1950 and
1960 censuses. It may be noted that
the estimating methodology for rents
does not utilize the series on dwelling
units referred to below (paragraph 3).
As a result, revisions in the dwelling
unit series had no effect on the estimates
of rent.
August 1905
2. The estimates of investment in
nonresidential structures have been
reduced.
In 1964, the reduction
amounted to $1.4 billion. Public utility construction is the component most
affected. These revisions resulted from
improvements in the use of basic source
data from various regulatory agencies.
3. Estimates of investment in nonfarm residential structures were revised
substantially, particularly for the decade after World War II. On the basis
of information provided by the 1956
National Housing Inventory and the
1960 Census, the number of dwelling
units built in the postwar period was
found to have been considerably understated. This led to large revisions in
the estimates of residential construction
activity by the Census Bureau after it
assumed responsibility for work in this
field; these have now been incorporated
in the national income and product accounts. The upward revision
amounted to $1.5 billion in 1946 and to
$4.0 billion in 1950, when it was at its
maximum.
4. Upward revisions in the estimates
of investment in producers' durable
equipment, amounting to $5.7 billion
in 1964, resulted from the use of comprehensive shipments data from the
1958 Census of Manufactures and
similar data from the Annual Surveys
of Manufactures for later years through
1962. The prior estimates for years
following 1954 were based mainly on
extrapolations of census-based values.
The extrapolator was obtained by
deducting from total capital expenditures as reported in the OBE-SEC
Survey of Plant and Equipment Expenditures, the relevant components of
the estimates of construction activity
published by the Census Bureau. A
large part of the revision is visible in
the year 1958, with the final source
data showing a smaller 1957-58 reduction in expenditures for producers'
durable equipment than had been
indicated previously.
National income
The major components of national
income that underwent large statistical
revisions were rental income of persons,
corporate profits, and supplements to
wages and salaries.
SUEVEY OF CUBEENT BUSINESS
17
i CHART 6
Peak to Peak Cyclical Comparisons of Quarterly GNP,
Revised and Previously Published Estimates
Billion $
475
1948-53
Billion $
375
1953-57
450
350
Previously
325
425
300
400
275
375
350
1 2
1950
1951
1952
1955
1953
1960-64
1957-60
575
675
550
650
525
625
500
600
475
575
450
550
425
525
400
500
3 4 1 1 2 3 4l 1
234
1959
1957 1958
1960
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
1956
1957
SURVEY OF CURRENT BUSINESS
18
CHART 7
Private Fixed Investment as a Percent of
Gross National Product
Percent
17
TOTAL
14
\' Fully Revised
.-.-^ Statistically Revised
-—*— Prior Estimates
l I I I ! I I I , t I I I l,. I t l I l
12
12
NONRESIDENTIAL
i . i i i i i i i i t r. i ,
s
6
«
I
I
I
I
I
I
I
I
I
I
0
RESIDENTIAL
3 1 I I I I 1 I I I
1947
50
55
I
I I
U.S. Department of Commerce, Office of Business Economics
I
9
60
©
64
August 1965
1. Revisions in the rental income of it has charged as expense in the past.
persons—amounting to $5.8 billion in The income tax statistics upon which
1964—are largely the counterpart of the corporate profits estimates are based
the revisions in the imputed rental value are asymmetrical in this respect; they
of owner-occupied housing just noted. reflect only losses from such defaults.
In addition, newly available special To correct for this inconsistent treattabulations from the 1957 and 1962 meat, the new estimates adjust the inCensuses of Government on the assessed come tax statistics to account for the
valuation of taxable residential prop- "gains" of defaulting business firms.
erties indicated that the prior estiA further revision served to reduce
mates of property taxes charged as the estimates of corporate profits. In
expense against gross rents were some- national income accounting, depletion
what too high. Revisions have also allowances are added back to profits.
been made in several components of In the prior estimates of corporate profcash rents.
its originating in the domestic business
2. Estimates of supplements to wages system, the -full amount of depletion
and salaries have been revised upward— allowances reported in consolidated
by $1.7 billion in 1964. Upward revi- corporate tax returns was added back
sions were required because employer as though it represented solely depletion
contributions to employee group in- on domestic properties of U.S. corporasurance programs have grown more tions. New data developed by the IRS
rapidly in recent years than had been permitted elimination of depletion on
estimated previously. A thorough re- foreign properties included in the review of all available sources, including ported depletion allowances. (Profits
labor-management agreements, insur- from foreign properties are estimated
ance company data, and information separately in the national accounts.)
from Social Security Administration
The statistical revision of corporate
and Department of Labor studies, has profits amounted to $4.8 billion in 1964.
put the estimate on a firmer basis.
In addition to the elements noted, it re3. Statistical revisions have raised flected the more routine revisions that
corporate profits, primarily because of are made each year when comprehenan increased allowance for profits not sive IRS data are substituted for the
reported to the IRS on income tax more limited preliminary information.
returns. Cumulative experience with
IRS audit report statistics, which be- Capital consumption allowances
came available after the midfifties,
Statistical revisions in the estimates
indicated that allowances previously
of capital consumption allowances,
made for the audit of profits were too
amounting to $4.0 billion in 1964, are
low.
composed of several elements. The
Corporate profits have been increased
also as a result of changes in the treat- most important ones having a persistent influence on the estimates over a
ment of bad debts. In previous estinumber of years are as follows: On the
mates, profits were calculated by
basis of new IRS data, a substantial
charging to expense additions to bad
upward revision was made in the estidebt reserves. The new procedure submate of depreciation charges on nonstitutes estimates of actual defaults for
farm business property owned by
additions to reserves and thus yields
partnerships and sole proprietors. A
improved estimates of profits, business
second element is depreciation charges
transfer payments, personal income,
on passenger cars owned by employees
and personal saving. In addition, prereimbursed for travel expenses by their
viously published estimates of corporate
employers. Such depreciation is not
profits neglected the fact that when one
reported in the IRS tabulations and
firm suffers a loss by a default through
was omitted from the prior estimates.
bankruptcy, the defaulting business The new procedure yields consistent
firm has an equivalent "gain" from the estimates of the several income and
standpoint of national economic ac- product flows involved, including purcounting: For instance, a bankrupt chases of cars that are allocable to this
firm is no longer liable for items which kind of business use and have always
SURVEY OF CURRENT BUSINESS
August 1965
been included in producers' durable
equipment. Capital consumption allowances have also been revised upward
as a consequence of the increase in the
estimates of residential construction
activity discussed earlier.
Net saving
In principle, the saving of the various
sectors—personal saving, undistributed
corporate profits, and government surplus—can be calculated either by deducting the expenditures of the various
sectors from their receipts or by
summing the changes in their assets
and liabilities. In constructing the
national income and product accounts,
only the former method is employed.
Accordingly, the statistical revisions in
the saving of the various sectors reflect
the statistical revisions, already discussed, in the income and product
flows that make up their receipts and
expenditures. The effect of these statistical revisions, and of the definitional
changes noted earlier, on the estimates
CHART 8
Corporate Profits* as a Percent of
National Income
1947
* Including inventory valuation adjustment.
U.S. Department of Commerce, Office of Business Economics
64
of saving is summarized at the end of
this article.
The problem of statistical accuracy
As will be seen from the discussion
in the next section, the statistical
revisions just summarized do not change
significantly our general picture of the
performance of the postwar economy.
However, more detailed analyses of
economic interrelationships will be affected. For this reason, greater accuracy in the national income and
product estimates would be desirable.
In evaluating the desirability of more
accurate national income and product
estimates, account should also be taken
of the risk that on some future occasion
a pattern of revisions might emerge
that would require more serious modifications of conclusions derived from
from earlier estimates than do the
revisions presented in this report.
The primary data available to OBE
for the preparation of the national
accounts are collected almost entirely
by other agencies for purposes other
than national income and product
estimation, and consequently lack comprehensiveness and consistency ftfom
OBE's standpoint. These primary data
also necessarily fall short of accuracy
to various degrees. Many of the more
reliable data become available only
with substantial time lags, and less
reliable substitutes must be used in the
interim to prepare up-to-date national
income and product estimates.
The fact that the national income
and product estimates are subject to
errors is due essentially to the imperfections of the primary data. The estimating procedures developed by OBE
mitigate these errors in general, but
cannot eliminate them. If more accurate national income and product
estimates are desired, additional resources will have to be devoted to the
preparation of primary statistical data.
Moreover, these resources will have to
be directed to significant segments of
the economy in which the present statistical foundation of the national income and product accounts is not
sufficiently strong. Some of the data
collection programs required to improve
the accuracy of the national accounts
would be quite costly. In deciding
19
whether it would be worthwhile to incur
these costs, the consequent improvement likely to occur in economic analysis and policy formulation will have
to be assessed, and the alternative gains
that would accrue if the resources in
question were devoted to other uses
will have to be evaluated.
Changes in 1929-45 estimates
To provide continuous time series,
the major definitional changes have
been carried back to the 1929-45 estimates. Statistical revisions, suggested
by the postwar experience, have also
been made if they appeared significant
and feasible. As a result, workable
continuity between the prewar and
postwar series has been secured. The
prewar series on residential construction activity has not been revised.
While it is known that this series is not
securely founded, it is not possible to
judge conclusively the extent to which
it may be in error.
Personal Saving as a Percent of
Disposable Personal Income
1947
50
U.S. Department of Commerce, Office of Business Economics
60
64
SURVEY OF CURRENT BUSINESS
20
Effect of Revisions on Postwar
Economic Patterns
Chart 3 shows the revisions that have
been made in tne estimates of GNP and
national income, distinguishing the
statistical and definitional components
of the change. It summarizes the
prior discussion and also points to one
of the main features of the revisions:
For tJie later part of the postwar period,
the new estimates show a moderately
higher level of production than indicated heretofore, as can be seen from
the following table:
Table 4.—Percent Revisions in Gross National Product and National Income,
1946-64
Year
Gross National
Product
National Income
Percent Revision
Percent Revision
from all sources and income available
to persons for spending or saving. For
1964, personal income was revised upward by 0.7 percent, with statistical
upward revisions of 1.4 percent partly
offset by downward revisions due to
definitional changes of 0.7 percent.
The corresponding percentages for disposable income are 1.0, 1.6, and 0.7.
The conclusion that the absolute
level of national output has been a
little higher than previously estimated
is of some interest. It indicates that
we have been somewhat more successful
than we thought in turning out goods
and services for final use in consumption and investment, and that the
absolute level of our productivity has
been moderately higher.10
Long-term trends:
measures
current-dollar
Although there is interest in the level
of economic activity, the focus of attention centers more often upon changes in
economic activity over time—on short-1.0
-0.5
-0.5
0.5
0.1
1946
0.5
-.1
-.6
-.7
-1.3
.4
.5
1947_. .
term fluctuations and long-term trends.
.1
-.1
.4
-.7
-.8
.3
1948
.2
-.3
.3
1949
-.6
-.9 -.1
Chart 4 depicts these long-term trends
-.4
.1
.1
1950_. .—
-1.1
1.1
as shown by the revised and superseded
-.4
-.2
-1.0 -.5
1951
.9
-.1
1952
-.4
.6
.1
-.4
-1.1 -.3
estimates of current-dollar gross na-.2
1.0
-1.2 -.3
-.6
1953
.3
1.7
1954
.5
-1.3
.4
-.6
1.1
tional product, national income, per.1
1955
1.5
-1.4
.2
1.0
-.7
sonal
income, and .disposable income.
1956
.0
1.5
1.0
-1.5 -.0
-1.0
-.4
1957
1.2
-1.6 -.2
-1.0
.8
As
can
be seen, the revised series show
.6
2.2
1958
.1
-1.5
1.2
-1.1
1959
.2
1.7
-1.5 -.1
1.0
-1.1
an
upward
movement over the postwar
1960
.2
1.9
-1.7
.0
1.4
-1.4
period
very
similar to that shown by
1961
.3
2.0
-1.7
-1.4
1.5
.1
1962
.7
2.4
-1.6
-1.4
.5
1.8
the
prior
figures.
1963
.9
2.6
-1.7
2.1
-1.6
.5
1964
1.0
2.8
-1.8
.8
-1.7
2.5
Over the period 1948-64, the revised
GNP increased at an average annual
For 1964, the year in which the re- rate of 5.7 percent as compared with
visions had their maximum effect, the 5.6 percent shown by the prior series.
new estimate of GNP exceeds the pr or The corresponding percentages for naestimate by $6.1 billion or 1 percent. tional income are 5.3 and 5.3; for
Purely statistical revisions have raised personal income 5.5 and 5.4; and for
the level of GNP by 2.8 percent; this disposable personal income 5.4 and 5.3.
has been partly offset by a downward This similarity also holds if only statisrevision of 1.8 percent because of de- tical revisions are taken into account
finitional
changes. The
relative and changes in definitions disregarded.
changes in national income are similar. On this basis, the (statistically) revised
Statistical revisions have raised the series of GNP increased at an annual
level of national income in 1964 by 2.5 rate of 5.8 percent from 1948 through
percent. About 1.7 percent was offset 1964 as compared with the 5.6 percent
by definitional changes; the net upward shown by the old series. The corresponding percentages are 5.5 and 5.3
revision was 0.8 percent.
for
national income; 5.5 and 5.4 for
Upward revisions have been much
personal
income; and 5.4 and 5.3 for
smaller in two other key aggregates—
disposable
personal income.
personal income and disposable per10. The fact that a substantial part of the upward revision
sonal income. These measure, respecof GNP was in imputed rents from owner-occupied dwellings
tively, total income receipts of persons should, of course, be remembered.
Total Statis- Defini- Total Statis- Definitical tional
tical tional
0
August 1965
Long-term trends:
GNP
constant-dollar
Long-term trends, if they are to shed
light on real growth, must be calculated
on the basis of constant-dollar measures
of output. These measures show
changes in the physical volume of production and eliminate the effects of
price changes.
Chart 5 shows average annual rates
of increase in the physical volume of
GNP for the postwar period as a whole
and for peak-to-peak years of successive
postwar business cycles; 1964 was the
last year that could be used to calculate
the rates. For each period, the first
bar is based on the series now superseded and the second bar is based on
the new estimates. As can be seen, the
rates of increase calculated from the
revised series for the postwar period as
a whole and for its four subperiods are
quite similar to those based on the prior
estimates. For the period as a whole,
the revised estimates indicate an average annual growth rate of 3.7 percent
as compared with 3.6 percent shown by
the superseded figures. The slightly
higher growth rate is largely attributable to an increased estimate of the
advance in real GNP for the period 1960
through 1964. Both the revised and
the earlier series indicate a high rate of
increase in the 1948-53 period, retardation in the rates of increase from 1953
to 1960, and a sharp pickup thereafter.
Differences between the new and revised
measures for the subperiods are only
minor variations on this common theme.
It has not been possible in the time
available to establish precisely the
reasons for the differences between the
two sets of rates of increase. However, there is some indication that in
the first and second subperiods shown in
the chart, revised estimates of price
change ("implicit price deflators") have
been factors explaining the moderate
differences between the new and prior
figures. In the third subperiod (195760), the estimates of price change have
been raised. This offsets upward revisions in the increase shown by the
current-dollar estimates. In the final
period (1960-64), upward revisions in
the estimates of current-dollar increase
and downward revisions in the estimate
of price change both contributed to a
August 1965
SURVEY-OF CUEEENT BUSINESS
somewhat larger average annual rate of
increase in constant-dollar GNP than
had been shown by the prior estimates.
21
CHART 10
Percent Distribution of Gross Saving, 1946-64
FULLY REVISED ESTIMATES
Percent
Cyclical patterns
Chart 6 shows quarterly changes in
current-dollar GNP during the postwar
period. There is one panel for each of
the three postwar business cycles,
measured quarterly from peak to peak,
and one panel for the ongoing expansion, which started in 19.61. As can
be seen from the chart, the lines traced
out by the revised and previously published series are generally similar, although some differences appear.
Peak-to-trough declines in the 195354 and 1957-58 recessions appear somewhat milder than in the prior estimates,
and the rise in GNP during the current
business expansion appears to have been
somewhat larger than previously recorded. In terms of current dollars,
one cyclical turning point has been
shifted. The trough of tne mild recession tiiat started in 1960 is now in the
fourth quarter of that year lather than
in the first quarter of 1961. In terms
of constant dolJars, not shown in the
chart, the first quarter of 1961 remains
the low. On the other hand, the constant-dollar estimates now place the
peak of the 1958-60 business expansion
in the first quarter of 1960 instead of
in the second quarter, as before.
Each of these changes is due to quite
small revisions—of the order of magnitude of one-half of 1 percent of total
GNP—for periods for which both
the revised and the prior estimates
show very little change in the level of
economic activity. This indication of
little change is the message of importance that comes through clearly
whether the revised or the prior estimates are used. In a setting of little
overall change, the question whether a
cyclical turn in GNP occurred in one
quarter or in an adjacent one cannot
be answered conclusively, given the
present degree of accuracy of the
estimates. Major improvements in the
statistical source material, on which
the accuracy of national income and
product statistics ultimately depends,
would be required to permit the
elimination of uncertainties of this
kind.
-25
PRIOR ESTIMATES STATISTICALLY REVISED
100
75
50
25
V
Gov't Surplus or Deficit
-25
PRIOR ESTIMATES
TOO
,''-'/
" ,:'',','„',
Capital CpsuittptioR Allowances / ; / i / ; / ' - / '
<
75
50
25
V
Gov't Surplus or Deficit
-25
1946
48
50
"Includes wage accurate less disbursements.
U.S. Department of Commerce, Office of Business Economics
52
54
56
58
60
62
64
22
Investment, profits, and saving
The above discussion of postwar
production levels, growth trends, and
short-term fluctuations has only
skimmed the information available in
the revised national accounts. There
has not been time to pursue the analysis
much further. It may be worthwhile,
however, with the aid of some charts,
to examine a few relations in which
there has been a great deal of interest
in the postwar period: the relation
between fixed investment and GNP,
between corporate profits and national
income, and between personal saving,
personal disposable income, and other
types of saving.
Chart 7 shows private investment in
fixed assets and its major components—
investment in producers' durable equipment and nonresidential structures, and
investment in residential structures—
as a percent of GNP. The top line in
the upper panel is based on the new
estimates, the bottom line on the
prior ones, and the middle line on the
prior estimates statistically revised but
definitionally unchanged. In other
words, the distance between the top
and the middle lines shows the effects
of changes that have been made in
the definitions, and the distance between the middle and the bottom lines
shows the effects of the statistical
revisions.
As can be seen from the chart,
private fixed investment is a somewhat
higher proportion of GNP according
to the new series than according to the
series now superseded. The higher
ratio stems largely from the statistical
revisions. The effect of definitional
changes was secondary.
The short-term movements based
on the two sets of estimates are similar,
and the decline in the ratio of fixed
investment to GNP in the second half
of the fifties is also confirmed by the
new estimates. The new data also indicate a downtrend in the ratio from the
early fifties to the midfifties that was
not shown by the prior figures. As
SURVEY OF CURRENT BUSINESS
can be seen from the bottom panel,
this is due largely to the revision of
the residential construction estimates
to which reference already has been
made. The middle panel of the chart
also shows that the decline in the
ratio of fixed nonresidential investment
to GNP after the middle fifties was
somewhat smaller than had been indicated. In particular, the 1957-58
decline, which centered in producers'
durable equipment, appears to have
been smaller on the basis of the final
Census data than on the basis of
preliminary information.
Chart 8 shows corporate profits as a
percent of national income again on
three bases: the estimates previously
published; the estimates revised statistically, but employing prior definitions;
and the new estimates, which incorporate both the statistical revisions
and the definitional changes. The ratio
of corporate profits to the national income is a little higher according to the
new estimates than according to the
prior ones. However, the short-term
fluctuations as well as the longer term
movements are very similar.
In particular, the new as well as the
old series show a downdrift in the percent share of corporate profits after
peaks reached in the earlier part of the
postwar period. They also suggest that
this downdrift has not continued in recent years and that corporate profits
have done quite well in the ongoing
business expansion.
The definitional changes reviewed
earlier account for the bulk of the increase in the ratio of corporate profits
to national income for most of the postwar period. In recent years, the role of
statistical revisions has increased.
The above summary of profit patterns
represents only a superficial coverage
of a complex field. For instance, corporate profits are more appropriately
related to output originating in the
corporate sector of the economy than
to total national income, and allowance
August 1965
must be made for the fact that the
depreciation charges used to arrive at
profits are not necessarily the most
meaningful ones from the standpoint of
economic analysis. OBE's previous
analyses of corporate profits, which
took into account these and other
factors important for the interpretation
of profit trends, will be updated as soon
as possible on the basis of the revised
series.
Chart 9 shows personal saving as a
percent of disposable personal income.
As can be seen, the year-to-year
changes based on the new series are
quite similar to those based on the prior
series, but the longer term movement
is different. The previously published
series show only a minor downdrift
from the peak rates reached in the
fifties. The revised series show a reduction in the saving rate during the
fifties and continuing into the sixties.
As is also apparent from the chart, the
change in the trend of the saving ratio
is the result of statistical revisions.
Definitional changes have reduced the
saving ratio (by about 0.5 percentage
point in recent years) but have had no
significant effect on its trend.
Another feature of the new estimates,
implicit in the preceding discussion, is
clearly brought out by chart 10:
According to the new estimates, business saving (undistributed corporate
profits and capital consumption allowances) constitutes a somewhat larger
proportion of total gross saving, and
personal saving constitutes a somewhat
smaller proportion, than according to
the prior estimates. The chart also
shows that the greater relative importance of gross business saving as compared with personal saving as a source
of total saving is more noticeable in
recent years than in earlier years of the
postwar period. It is also apparent
that statistical revisions were the major
cause of this changed pattern; the contribution of definitional changes was
secondary.
National Income and Product Tables
Table
Page
1.—Gross National Product: Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-64
24
2.—Gross National Product in Constant Dollars: Annually, 1929-64, and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1947-64
26
3.—National Income by Type of Income: Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1946-64._
28
4.—Relation of Gross National Product, National Income, and Personal Income: Annually, 1929-64, and
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
30
5.—Personal Income and Its Disposition: Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1946-64
32
6.—Foreign Transactions in the National Income and Product Accounts: Annually, 1929-64, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-64
34
7.—Federal Government Receipts and Expenditures: Annually, 1929-64
36
8.—Federal Government Receipts and Expenditures: Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-64
36
9.—State and Local Government Receipts and Expenditures: Annually, 1929-64
10.—State and Local Government Receipts and Expenditures: Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-64
11.—Sources and Uses of Gross Saving: Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-64
12.—National Income by Industry: Annually, 1929-64
13.—Personal Consumption Expenditures by Major Type: Annually, 1929-64, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1946-64
14.—Personal Consumption Expenditures by Major Type in Constant Dollars: Annually, 1929-64
15.—Gross National Product by Major Type of Product: Annually, 1929-64, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-64_
38
38
40
42
46
46
48
16.—Gross National Product by Major Type of Product in Constant Dollars: Annually, 1929-64, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1947-64
__
50
17.—Implicit Price Deflators for Gross National Product: Annually, 1929-64, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-64
18.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates, 1946-64
52
54
23
Table 1.—Gross National, Products Annually, 1929-64, and
[Millions of dollars]
Line
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1
Gross National Product
103,095
90,367
75,820
58,049
55,601
65,054
72,247
82,481
90,446
84,670
90,494
99,678 124,540 157,910 191,592 210,104
2
Personal consumption expenditures
77,222
69,880
60,464
48,589
45,795
51,335
55,699
61,912
66,507
63,920
66,834
70,824
80,575
88,501
99,336 108,255
9,212
37, 686
30, 324
7,155
34, 022
28, 703
5,485
28, 956
26, 023
3,646
22, 741
22, 202
3,469
22, 257
20,069
4,213
26, 691
20, 431
5,111
29, 322
21, 266
6,304
32, 857
22, 751
6,925
35, 224
24, 358
5,686
33, 953
24, 281
6,670
35, 116
25, 048
7,766
37, 017
26, 041
9,647
42, 853
28, 075
6,947
50, 753
30, 801
6,572
58, 597
34, 167
6,718
64, 348
37, 189
16,228
10,260
5,618
960
1,401
3,334
6,411
8,486
11,783
6,475
9,264
13,133
17,909
9,811
5,741
7,135
10, 612
8,273
4,015
4,258
2,339
2,208
131
6, 766
5,041
2,343
2,698
1,725
1,647
78
3,440
2,709
1,219
1,490
731
693
38
2,965
2,402
931
1,471
563
520
43
4,069
3,205
1,050
2,155
864
812
52
5,337
4,138
1,234
2,904
1,199
1,119
80
7,226
5,619
1,645
3,974
1,607
1,510
97
9,241
7,308
2,442
4,866
1,933
1,807
126
7,389
5,365
1,897
3,468
2,024
1,923
101
8,853
5,927
1,953
3,974
2,926
2,791
135
10, 950
7,549
2,287
5,262
3,401
3,218
183
13, 440
9,506
2,928
6,578
3,934
3,703
231
8,060
5,951
1,886
4,065
2,109
1,934
175
6,371
5,013
1,342
3,671
1,358
1,198
160
8,120
6,843
1,841
5,002
1,277
1,132
145
1,714
1,836
-122
1,148
7,034
5,886
8,497
-352 -1, 148 -2, 480 -1, 564
-83 -1, 608 -2, 590 -1,370
-194
-269
460
110
1,032
358
516
407
2,402
5,448 3,641 2,474
3,125
4,416
2,067 2,044
9,222 8,093 8,047
9,195
-735
195
-930
601
2,975
2,374
9,784
1,074
376
698
128
3,265
3,137
10,009
1,260
2,066
-806
115
3,539
3, 424
11,968
2,542
-914
1,726 -1, 046
816
132
297
1,291
4,553 4,336
4,256 3,045
11,859 12,984
411
316
95
1,066
4,432
3,366
13,330
2,183
1,902
281
1,719
5,355
3,636
14,002
4,469
4,049
420
1,289
5,925
4,636
24,767
1,751
-630
-985
652
-577
-575
1,099
-53
-410
6 -2,049 -1,830
4,791
4,416
5,298
4,785 6,465
7,128
59,592 88,564 96,544
1,261
1,372
1,495
1,456
2,000
2,981
2,919
4,935
4,664
5,409
7,236
7,823
7,727
6,637
6,047
6,803
7,090
7, 033
7,195
7,575
5,105
1,249
3,856
8,225
6,015
2,214
3,801
7,987
16,882
13, 750
3,132
7,885
51, 875
49, 363
2,512
7,717
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
N onresidential
Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm
_
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
_.
Exports
Imports
Government purchases of goods and services.
Federal
National defense
Other
State and local
-
14, 514
10, 560
4,959
5,601
3,954
3,779
175
81, 148
79, 743
1,405
7,416
89,002
87, 433
1,569
7,542
[Billions of dollars]
1947
1946
1948
1949
Line
I
Gross National Product _ . _
1
2 Personal consumption expenditures
Durable goods
3
Nondurable goods
_
4
5
Services
•.-.
6 Gross private domestic investment
Fixed investment
7
Nonresidential
8
Structures
9
Producers' durable equipment
10
Residential structures
11
Nonfarm
12
Farm
_ _ __
13
Change in business inventories
14
Nonfarm
15
Farm
._ _
16
17 Net exports of goods and services.Exports
_
78
19
Imports
20 Government purchases of goods and
services
Federal
21
National defense..
22
Other
23
24
State and local
III
IV
223.6
155.0
19.3
87.3
48.3
32.8
32.4
22.9
227.6
158.9
19.9
89.7
49.3
31.6
32.6
23.1
231.8
162.5
20.4
91.6
50.4
31.7
34.4
23.2
242.1
166.5
21.9
93.2
51.3
39.8
38.3
24.4
13.4
8.5
7.9
.6
4.7
4.8
-.1
6.8
14.4
7.6
26.4
15.5
9.5
8.9
.6
.4
1.5
-1.1
11.5
19.3
7.8
24.2
15.7
9.5
8.9
.7
—1.0
1.5
-2.5
12.0
20.5
8.5
25.1
15.6
11.3
10.6
.7
-2.7
-.3
-2.4
12.5
20.4
7.9
25.2
15.5
12.3
3.2
10.9
12.4
9.4
3.0
11.8
12.9
8.9
4.0
12.2
12.4
8.7
3.8
12.7
III
IV
214.2
147.9
17.0
84.8
46.1
32.5
26.5
18.4
7.3
11.1
8.0
7.5
.5
6.1
5.9
.2
8.8
16.1
7.3
25.0
219.2
152.1
18.7
85.9
47.5
33.9
29.2
20.7
6.8
13.6
6.8
30.9
204.0
139.3
14.7
80.2
44.4
31.5
22.6
15.7
6.8
8.9
7.0
6.5
.5
8.8
8.7
.1
7.6
14.8
7.2
25. 6
22.2
20.4
1.8
8.8
16.3
14.4
2.0
9.3
14.9
11.9
3.0
10.0
196.5
134.3
12.6
78.6
43.1
24.5
18.6
13.1
5.6
7.5
5.5
5.0
.5
5.9
6.0
I
II
II
I
II
III
IV
I
1
1
II
III
IV
16.7
13.9
13.1
.8
1.4
2.4
-1.0
10.1
18.7
8.7
25.8
248.0
169.1
21.9
94.7
52.6
43.4
40.1
26.1
8.1
18.0
14.0
13.2
.8
3.3
2.3
1.0
8.2
18.1
9.9
27.3
255.6
172.8
22.3
96.6
54.0
46.2
41.1
26.1
8.7
17.4
15.0
14.2
.9
5.1
2.9
2.2
6.2
16.5
10.3
30.3
262.5
177.5
23.4
96.7
55.6
48.1
42.0
27.1
9.2
17.9
14.9
14.0
.9
6.1
3.9
2.2
5.9
16.7
10.8
32.8
263.9
176.6
23.1
96.9
56.5
46.3
42.0
28.2
9.4
18.8
13.8
12.9
.9
4.3
2.8
1.5
5.5
15.9
10.4
35.6
258.5
175.4
22.5
96.0
56.9
39.6
39.6
26.6
9.0
17.6
13.0
12.1
.9
.0
.6
-.6
7.4
17.4
10.0
3.6.1
255.2
176.8
24.4
95.0
57.5
33.1
38.5
25.7
8.7
17.0
12.8
11.9
.8
-5.3
-4.1
-1.2
7.2
17.0
9.7
38.0
257.1
176.2
25.3
93.2
57.7
36.2
37.9
24.3
8.2
16.1
13.6
12.8
.8
—1.7
-.6
-1.1
6.1
15.5
9.3
38.5
255.0
178.8
26.3
94.0
58.5
33.8
39.1
23.8
8.0
15.7
15.3
14.5
.8
—5.3
-4.7
-.5
3.8
13.3
9.4
38.6
12.4
9.3
3.1
13.4
13.5
9.8
3.7
13.8
15.7
10.4
5.4
14.6
17.3
10.7
6.7
15.4
19.5
12.0
7.4
16.1
19.4
12.8
6.6
16.7
20.6
13.4
7.2
17.4
20.3
13.7
6.6
18.2
20.1
13.1
7.0
18.5
[Billions of dollars]
19 57
19 56
Line
1
Gross National Product
2 Personal consumption expen di tures
3
Durable goods
4
Nondurable goods
5
Services
6 Gross private domestic investment
7
Fixed investment..
__ _
8
N onr evidential
9
Structures
10
Producers' durable equipment
11
Residential structures
12
Nonfarm
13
Farm
14
Change in business inventories
15
Nonfarm
_
16
Farm
17 Net exports of goods and services
18
Exports
19
Imports
20 Government purchases of goods and
services
21
Federal
22
National defense
23
Other24
State and local
24
I
II
410.6
262.0
I
III
IV
38 5
127 6
95 8
69.9
63.9
42 0
16.5
25.6
21 8
21.2
.7
60
6.6
— 5
2.3
21 9
19 6
416.2
264.4
38 6
128.5
97 4
69.4
65.1
43 1
17 0
26.1
22 0
21. 3
.7
43
52
— 9
3.8
23 3
19 4
420.6
267.5
38 4
129.8
99.3
70.3
66.2
44 7
17.7
27.0
21 5
20.8
.7
41
4.4
— S
4.1
24 2
20 0
429.5
272.8
40 2
131 2
101 4
70.4
66.1
45 0
17 8
27.2
21 1
20 4
.7
43
41
2
5.6
25 0
19 4
436.9
277.2
41 4
132.9
102 8
68.5
66.4
45 9
17.8
28.1
20.5
19.8
.7
2.1
2.0
1
6.6
27 5
20.9
76.4
44 5
38.4
6.1
31.8
78 5
45 8
40 4
5.4
32.6
78 7
45 3
40 4
4.9
33.4
80 7
46 6
42 1
46
34.0
84 6
49 3
43 4
5.8
35.3
II
III
IV
439.9
279.3
40 9
134.3
104 1
68.5
66.2
46 0
18.1
28. 0^
20 1
19.4
.7
2.3
2.0
3
6.3
27 1
20 8
446.3
283.8
40 6
137.7
105.6
70J4
67.2
47 '2
18.1
29.1
20.0
19.4
.7
3.2
2.5
7
5.5
26 2
20 7
441.5
285.4
40.2
137.4
107.8
64.0
66.3
46 3
17.9
28.3
20 0
19.4
.6
—2 2
-3.3
1i
4.5
25 2
20 6
434.7
284.5
37 9
137.8
108.9
57.3
62.7
43 0
17 3
25.7
19 7
19 1
.6
—5 4
—6.3
9
2.6
22 9
20 3
85
49
44
5
36
86 6
49 7
44 8
4.9
36.9
87 5
49 6
44 6
5.0
37.9
90 2
51 3
44 7
6.6
38.9
8
6
1
5
2
19 59
19 58
I
II
III
IV
438.3
287.4
36 8
139.3
111 3
55.7
60.8
41 2
16 7
24.5
19 5
18.9
.6
—5 1
-5 9
8
2.4
23 0
20 6
451.4
292.2
37.7
141.2
113.3
61.4
61.3
40 5
16.1
24 .4
'20 8
20.2
.6
.1
—.8
9
2.4
23 0
20 7
464.4
296.2
39.1
142.3
114.7
68.8
64.7
41.7
16.2
25.5
23 0
22.4
.6
4.1
3.3
.8
1.4
23 3
21 9
92 8
52 9
45 7
7 2
39.9
95 4
54 3
46 3
80
41.1
98 0
55 9
46 9
9.0
42.2
II
III
IV
474.0
304.0
42.8
144.4
116.8
72.1
68.3
43 0
16.0
27.0
25.3
24.6
.6
3.9
3.8
.1
.2
22 4
22.2
486.9
309.8
45.0
145.7
119.1
80.4
71.3
45.2
16.6
28.7
26.1
25.4
.6
9.1
9.1
.0
-.8
22.7
23.4
484.0
314.8
45.8
147.3
121.7
72.2
71.8
46.2
17.1
29.1
25.6
25.0
.6
.4
.5
—.1
.4
24.4
24.0
490.5
316.3
43.6
149.1
123.6
77.2
70,8
46.0
17.0
29.0
24.8
24.2
.6
6.3
6.3
.0
.7
24.4
23.7
97.7
54 6
46.5
8.1
43.1
97.5
54.1
46.1
8.0
43.4
96.6
53.1
45.7
7.3
43.5
96.4
52.9
45.9
7.0
43.4
I
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
1947
1946
1951
1950
1949
1948
1952
1954
1953
1955
212,010 208,509 231,323 257,562 256,484 284,769 328,404 345,498 364,593 364,841 397,960
119,701 143,400 160,704 173,555 176,803 191,009 206,266 216,679 229,969 236,494 254,381
1956
1957
1958
1959
1960
1961
1962
1963
1964
628,699
419,238
441,134 447,334
483,650
503,755
520,109
560,344
589,238
266,675
281, 432 290,069
311,207
325,241
335,152 355,057
373,812
52,593
51,724
67,374
70,016
67,850
60,901
75,304
398,907
44, 180 49, 540 53, 443 58, 732
155, 903 162, 557 168, 024 177,535
135, 069 142, 960 152,345 162, 640
74,826 71,699 83,018 86,871
92,876
52,146
34, 155
12,652
21, 503
17, 991
17,233
758
53,267
33, 613
13,061
20, 552
19,654
18, 951
703
61, 421
38, 114
14, 310
23, 804
23, 307
22, 685
622
65, 321
43, 714
17,246
26, 468
21, 607
20, 925
682
66, 515
46,355
17,980
28,375
20, 160
19, 498
662
62, 392
41,613
16, 585
25, 028
20, 779
20, 146
633
70, 547
45, 096
16, 661
28,435
25, 451
24, 806
645
71,257
48, 410
18, 127
30,283
22, 847
22,233
614
447 -1,543 5,953
10, 296 3,133
9,057 2,146
1,068 -2, 129 5,486
586
1,239
987 -621
467
3,671 2,226
386 1,828 2,009
18, 744 17, 992 16, 947 17, 759 19, 804
15, 073 15, 766 16, 561 15,931 17,795
59, 127 74,661 81,645 74,795 74,196
4,695
5,075
-380
3,967
23,595
19,628
78,580
1,335 -1,491
801 -2,339
534
848
5,729
2,206
26, 481 23,067
20,752 20,861
86, 123 94, 158
4,757
4,765
-8
134
23, 476
23,342
97,005
3,569
2, 022
6,004
5,709
4,806
3,336
1,743
5,290
4,933
5, 414
233
279
714
776
-608
4,067
5,633
5,149
5,917
8,560
27, 244 28,557 30, 278 32,353 37,017
23, 177 22,924 25,129 26, 436 28, 457
99,621 107,625 117, 120 122,638 128,356
74, 179 17,234 12, 544 16, 515 20, 112 18,403 37, 652 51, 779 57, 034 47,377 44,090
73, 507 14,738 9,071 10,734 13, 268 14,091 33, 584 45, 928 48, 664 41,198 38,557
672 2,496 3,473 5,781 6,844 4,312 4,068 5,851 8,370 6,179 5,533
8,102 9,772 12, 562 15,038 17, 733 19, 497 21,475 22,882 24, 611 27, 418 30, 106
45,586
40, 330
5,256
32,994
49,538
44,225
5, 313
36,585
53,594
45,902
7,692
40,564
53, 659
46,049
7,610
43,346
53, 531
44, 946
8,585
46, 090
8,044 15, 757 20, 394 22,677 24,628 30, 477 29, 648 29,334
71,903 82, 374 90, 471 96,215 94, 545 98, 110 108, 753 113, 950
39,754 45,269 49, 839 54,633 57, 630 62, 422 67, 865 73, 395
10,641 30,609 33,984 46,014 35,687 54,081 59,340 51,932
38, 762
25, 092
8,483
16, 609
13, 670
12,836
834
11, 675 24,230 34, 446 41,306
10, 152 16, 986 23, 387 26,866
2,867 6,778 7,499 8, 815
7,285 10,208 15, 888 18, 051
1,523 7,244 11, 059 14, 440
1,385 6,728 10,367 13,574
866
692
516
138
-1,034
-595
-439
-613
7,240
7,853
82,281
-462
1,298
-1,760
11,529
19,737
8,208
25,106
6,379
6,350
29
7,494
14, 735
7,241
27,006
4,708
2,976
1,732
6,440
16, 789
10,349
31,553
47,292
27, 903
9,249
18,654
19, 389
18, 608
781
-3, 075 6,789
-2,209 6,000
789
-866
6,149 1,779
15, 770 13,807
9,621 12, 028
37,845 37,900
49,044
31, 810
11, 159
20,651
17,234
16, 423
811
48, 799
31, 615
11,399
20,216
17, 184
16, 424
760
33,248 32, 836 39, 639 38, 920 40,795 37,881 44, 306 45,294
116, 792 118,278 123, 309 129,262 135, 589 140, 152 146,623 151,295
79, 929 85, 380 91,433 98,493 105, 048 112, 036 120,278 128,652
69,677
47,032
18, 385
28, 647
22,645
22, 043
602
57, 408
47,825
9,583
50,217
77,014
51, 667
19,207
32, 460
25, 347
24, 753
594
81, 162
54,285
19, 700
34, 585
26,877
26,298
579
63,389
51, 582
11,807
53,731
88,070
60, 533
21,086
39,447
27, 537
26, 971
566
64,371
50,812
13,559
58, 267
65, 303
49,944
15,359
63,053
Line
;i
,
(
i
10
i
11
i
12
i
13
i14
i
15
i
16
i17
i18
i19
20
2
2
2
2
2
[Billions of dollars]
I
II
III
I
IV
II
III
IV
293.1 304.5 318.0 325.8 332.8 336.9
199.4 197.0 207.5 202.9 205.4 209.2
28.6
28.1 28.3
33.6
31.4
35.3
100.8 100.8 107.6 107.0 109.0 111.4
67.3
68.4
69.5
66.3
63.4
64.8
53.4
64.1 58.8
55.8
65.8
61.0
48.3
50.5
48.9 48.5
50.9
50.7
32.0
31.0
32.4
31.8
29.8
30.7
11.1
11.4
10.7
11.5
9.5
10.3
20.2
20.9
20.9
20.5
20.3
20.4
16.0
16.3
19.5
17.1
21.1 20.0
15.2
18.7
15.5
20.3
19.2
16.3
.8
.8
.8
.8
.8
.8
15.2
4.9
10.5
10.4
5.1
15.1
14.0
3.8
9.1
3.8
13.8
9.3
1.2
1.2
1.2
1.2
1.3
1.1
3.1
5.5
1.0
5.0
.5
1.1
20.0
18.8
13.9
16.4
15.1
19.7
14.4
15.7
13.5
14.1 15.4
14.8
37.4
48.5
55.6
68.7
40.7
63.6
266.0 275.4
181.7
185.8
27.4
27.9
96.2
94.6
59.8
61.7
50.8
44.0
46.0
41.6
24.4
26.7
8.4
8.8
17.9
15.9
17.2
19.3
16.4
18.5
.8
.8
2.4
4.8
2.2
4.2
.2
.6
3.1
2.6
13.0
13.2
9.9
10.6
37.2
36.2
18.4
12.5
5.8
18.8
1952
1951
19 50
17.7
14.2
3.5
19.7
17.1
12.6
4.4
19.2
20.5
17.1
3.5
20.2
27.8
24.1
3.8
20.6
34.3
30.4
3.9
21.3
41.8
37.7
4.0
21.8
46.7
42.1
4.6
22.0
I
II
339.5
210.4
28.8
110.8
70.9
54.2
49 0
32.3
11.2
21.1
16.7
15.9
.8
5.2
4.0
1.2
4.8
20.2
15.4
70.0
339.1
214.6
29.1
113.0
72.5
47.4
49.7
32. 7
11.3
21.4
17.1
16.3
.8
-2.3
-3.3
1.0
3.0
18.2
15.1
74.1
47.8
42.5
5.3
22.3
51.1
45.7
5.4
23.0
19 53
IV
III
I
II
19 54
III
IV
345.6 357.7 364.2 367.5 365.8 360.8
216.7 225.0 228.4 230. 1 231.0 230.3
27.5 32.0
33.5
33.5 33.4
32.6
115.1 117.0 117.2 117.2 116.5 116.3
74.2
76.0
81.4
77.8
79.5
81.1
55.1 54.2
55.4
50.9
47.5
53.2
52.0
46.7
49.7
51.8
52.2
52.5
34.4
31.9
33.6
29.6
33.9
34.7
12.2
13.0
11.4
11.8
12.6
12.8
18.2
20.1
21.4
21.3
21.3
21.9
18.2
17.1
17.8
18.3
17.6
17.8
17.4
16.4
17.1
16.9
17.6
17.1
.8
.7
.7
.8
.8
.8
5.4
2.4
3.2
4.3
.7 -4.5
3.0
4.6
4.1
3.3
1.5 -4.3
-.2
.8
.6
-.9
.9
-.8
.1
.5
.6
.0
.3
1.1
16.7
16.9
17.2
16.8
16.8
16.9
16.2
15.7
16.8
16.8
16.9
16.3
76.9
81.9
77.6
81.0
81.2
82.3
54.1
47.0
7.1
22.8
54.2
48.5
5.6
23.4
56.9
49.2
7.7
24.1
57.8
49.5
8.3
24.1
56.5
48.4
8.1
24.8
56.9
47.6
9.4
25.4
19K
I
II
III
IV
I
360.7
232.3
32.0
117.4
82.9
48.7
51.2
33.5
13.1
20.4
17.8
17.0
.7
-2.5
-2.8
.2
1.1
16.3
15.3
78.6
360.4
234.6
32.5
117.4
84.6
49.7
52.4
33.5
13.0
20.4
18.9
18.2
.7
-2.7
-3.2
.5
17
18.3
16.6
74.3
364.7
237.3
32.5
118.4
86.3
51.9
54.1
33.8
13.1
20.7
20.3
19.6
.7
-2.2
-2.8
.6
1.9
17.6
15.8
73.7
373.4
241.8
34.2
119.8
87.7
56.6
55.4
33.8
13.1
20.7
21.6
20.9
.7
1.3
.2
1.0
2.7
18.7
16.1
72.4
386.2
247.7
37.4
120. 8
98.5
62.3
57.7
34.4
13.5
20.9
23.3
23.7
.6
4.6
3.8
.8
2.8
19.5
16.7
73.4
52.3
44.4
7.9
26.3
47.4
42.0
5.4
27.0
45.7
39.9
5.8
28.0
44.1
38.5
5.6
28.3
44.0
38.7
5.3
29.4
II
Line
III
IV
394.4 402.5 408.8
252. 7 256.8 260.4
39.6 41.4 40.1
122.6 123.7 126.1
90.4 91.7 94.2
66.9 69.0 71.3
60.8 63.0 64.2
36.9 39.5 41.7
14.0 14.6 15.2
23.0 24.9 26.5
23.9 23.5 22.5
22.2 22.9 21.9
.6
.6
.6
6.0
6.1
7.1
6.8
5.7
5.5
.3
.5
.3
2.0
1.6
1.6
19.0 20.1 20.5
17.4 18.1 18.9
73.2 74.6 75.5
2
44.4
39.2
5.1
30.3
2
2
2
2
43.3
38.2
5.1
29.9
44.7
38.1
6.6
30.8
(
1
1
1
1
1
1
1
1
1
1
[Billions of dollars]
1960
1962
1961
I
II
III
IV
503.0
321.1
45.9
149.4
125.7
82.5
72.6
47.8
18.2
29.6
24. 7
24.1
.6
9.9
10.0
-.1
2.4
26.1
23.7
504.7
326.3
46.1
152.0
128.1
76.0
72.1
49.0
17.9
31.2
23.1
22.5
.6
3.9
3.8
.2
3.5
27.4
23.8
504.2
325.9
45.3
151.3
129.3
73.5
70.4
48.4
17. 8
30.6
22.0
21.4
.6
3.1
2.7
.4
4.3
27.5
23.3
503.3
327.7
43.8
152.5
131.4
67.6
70.0
48.4
18.6
29.8
21.6
21.0
.6
-2.4
-2.8
.4
6.1
28.0
21.9
503.6
328.4
41.9
154.1
132.4
64.3
67.7
46.0
18.4
27.6
21.7
21.1
.6
-3.5
-3.7
.3
6.6
28.5
22.0
97.0
52.7
45.0
7.7
44.3
98.8
53.0
44.4
8.6
45.9
100.4
53.9
44.6
9.3
46.6
101.9
54.6
45.8
8.8
47.3
104.3
55.4
46.9
8.4
49.0
781-756 O - 65 - 4
I
III
IV
514.9
332.3
43.4
154.7
134.2
70.2
68.1
46.0
18.3
27.7
22.1
21.5
.6
2.1
1.8
.3
5.7
27.8
22.1
524.2
336. 7
44.8
156.1
135. 8
74.2
70.4
47.5
18.4
29.0
22.9
22.3
.6
3.8
3.4
.4
4.9
28.6
23.6
537.7
343.1
46.6
158.7
137.8
77.9
72.5
48.6
18.4
30.3
23.8
23.2
.6
5.5
5.3
.2
5.4
29.4
24.0
547.8
348.3
48.5
160.2
139.6
80.6
73.9
49.5
18.5
31.0
24.4
23.8
.6
6.7
6.3
.4
4.5
29.1
24.6
106.7
57.3
47.7
9.6
49.4
108.4
57.8
47.7
10.0
50.6
111.3
59.2
48.9
10.3
52.1
114.4
61. 9
51.1
10.8
52. 5
II
I
II
1964
1963
III
IV
557.2
351.7
48.5
161.6
141.6
82.8
76.7
51.3
19.2
32.1
25.4
24.8
.6
6.1
5.6
.5
5.7
30.9
25.2
564.4
357.2
50.1
163.2
144.0
84.3
79.2
53. 1
19.7
33.5
26.0
25.4
.6
5.2
4.3
.8
5.4
30.6
25.2
572.0
363.0
51.1
165.3
146.7
84.7
78.3
52.7
19.5
33.2
25.6
25.0
.6
6.4
5.3
1.1
4.9
30.5
25.5
117.0
64.0
53.0
10.9
53.1
117.4
63.3
51.3
12.0
54. 1
119.3
64.4
50.9
13.5
55.0
Line
II
III
IV
I
II
III
IV
577.0
368.0
52. 2
166.6
149.2
82.6
78.1
52.1
19.0
33.1
26. 0
25.4
.6
4.5
3.8
.7
4.5
30.0
25.6
583.1
371. 1
52.6
167.4
151. 1
84.8
80.1
53.4
19.2
34.2
26.7
26.1
.6
4.7
4.2
.6
6.2
32.4
26. 2
593.1
376.6
54.1
169. 2
153.3
87.9
82.1
55.1
20.0
35.1
26.9
26.4
.6
5.8
5.2
.7
5.7
32.6
26.9
603.6
379.5
54.9
168.9
155. 7
92.4
84.3
56.5
20.5
36. 0
27.9
27.3
.6
8.1
6.9
1.2
7.3
34.4
27.1
614.0
389.1
57.4
173.7
158.0
89.7
86.5
58.1
20.7
37. 5
28.4
27.8
.6
3.3
3.6
-.4
8.8
36.3
27.5
624.2
396.0
59.1
175.7
161.2
90.9
86.8
58.9
21.1
37.9
27.9
27.3
.6
4.1
5.1
7.7
36. 0
28.2
634.8
404.6
60.5
179.8
164.3
92.6
88.8
61.6
21.1
40.5
27.2
26.6
.6
3.8
4.6
-.8
8.8
37.3
28.5
641.1
405.9
57.9
180.9
167.1
97.7
90.2
63.5
21.5
42.0
26.7
26.2
.6
7.5
7.8
-.3
8.9
38.4
29.5
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
121.9
65.4
51.5
13.9
56.5
120.9
63.6
50.5
13. 1
57.4
123.0
64.2
51.0
13.2
58.8
124.3
64.4
50.3
14.1
59.9
126.3
65. 0
49.8
15.2
61.3
129.7
67.0
51.7
15.3
62.7
128.7
64.9
49.5
15.4
63.8
128.6
64.3
48.8
15.5
64.3
20
21
22
23
24
I
-i.o
25
Table 2.—Gross National Product in Constant Dollars: Annually 1929-64,
[Billions of 1958 dollars]
Line
1
2
3
4
5
Gross National Product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ _
1929
1930
1931
1932
1933
1934
1935
1936
1937
1S38
1939
1940
1941
1942
1943
203.6
183.3
169.2
144.1
141.5
154.3
169 6
193 0
203 3
193 0
209 4
227 2
263 7
297 8
007 9
QAf
<t
139.6
130.4
126.1
114.8
112.8
118.1
125.5
138.4
143.1
140 2
148 2
155 7
165 4
161 4
ICK a
m
A
16.3
69.3
54.0
12.9
65.9
51.5
11.2
65.6
49.4
8.3
9.4
60.4
45.9
58.6
46.0
62.5
46.1
11.7
65 9
47.9
14.5
73 4
50.5
15.1
76 0
52 0
12 2
77 1
50 9
14 5
81 2
52 5
16 7
84 6
54 4
19 1
89 9
56 3
11 7
91 3
58 5
10 2
93 7
61 8
8.4
1944
9 4
1945
f on n
in fi
Q7 3
-lf\A 7
CA 7
07 7
6
Gross private domestic investment.
40.4
27.3
16.6
4.6
5.3
9.4
18.0
24.1
30 0
17 0
24 7
33 0
41 6
21 4
12 8
11 A
1Q
7
g
9
10
11
12
13
14
15
16
Fixed investment
N onresidential _
Structures.. _Producers' durable equipment
Residential structures. _ .
Nonfarm
Farm
Change in business inventories
Nonfarm
Farm
36.8
26.5
13.9
12.6
10.4
27.9
21.6
11.7
19.1
13.9
10.8
12.0
15 6
11.6
20 9
15.8
24 5
18 9
11 8
56
23
15
5
9
8
7
28 1
18 8
6 7
12 1
92
86
32
22
8
14
9
9
17
12
4
7
4
13
10
2
7
2
2
99 7
1Q 0
10 3
19
13
5
8
5
I R Q
8.1
4.3
3.8
2.7
2.5
.1
9.6
7.6
3.3
4.3
2.1
1.9
.2
-6.2
-7.0
-4.3
-3.8
-2.7
17
18
19
20
21
22
.
_.-
Net exports of goods and services
Exports
Imports
_
Government purchases of goods and services
Federal
State and local--
._
7.4
6.6
5.1
4.9
.2
9.9
6.3
6.0
.3
-.6
-.4
-.2
9.9
.4
3.5
3.6
.0
-2.4
-3.9
1.5
.8
—.5
9.2
3.6
5.6
2.9
2.7
.2
.3
-3.0
4.1
7.5
4.0
3.8
.3
2.4
1.0
1.4
5.5
5.1
4.8
.3
3.1
4.7
—1.6
7.1
5.3
.4
5.5
3.7
18
4
7
6
1
7
5.4
.3
5
3
9
4
2
8
.4
—2 4
-2.6
.7
5
3
5
6
9
9
6
45
4
49
4 2
7
96
86
11
4 0
21
20
.6
12
2
0
2
1
2
8
1
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Gross National Product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
_ __
Gross private domestic investment
Fixed investment
N onresidential
Structures
Producers' durable equipment
Residential structures.
Non farm
Farm
•Change in business inventories. ._
Nonfarm
Farm _ _
..
Net exports of goods and services. .
Exports
Imports
.
Government purchases of goods and services.
Federal
State and local
141
19
14
29
21
3
5
28
25
g
1.5
1.4
.9
.6
.0
.3
-1.0
-1.2
—.7
19
13
21
21
59
58
10.4
9.0
8.9
7.9
7.1
6.6
7.1
7.1
7.3
7.1
7.7
87
8.2
9.3
9.8
9.9
10 5
80
10 0
8 7
11 0
89
11 2
10 8
7 8
9 9
6 8
12 6
76
13 4
10 2
13 9
22.0
24.3
25.4
24.2
23.3
26.6
27.0
31.8
30.8
33.9
35.2
36.4
56.3
117.1
164.4
181.7
156.4
3.5
18.5
4.0
20.2
4.3
21.1
4.6
19.6
6.0
17.3
8.0
18.6
7.9
19.2
12.2
19.6
11.5
19.4
13 3
20.6
12 5
22.7
15 0
21.4
36 2
20 1
98 9
18 3
147 8
16 6
165 4
16 3
139 7
16 7
II
III
IV
19 18
III
IV
I
306.4
309.0
309.6
314.5
317.1
203.4
207.0
207.4
207.3
208.5
23.6
107.0
72.8
24.3
108.9
73.7
24.5
109.3
73.6
26.2
107.9
73.3
26.1
107.9
74.6
26.2
109.0
75.5
51.3
48.9
48.6
57.1
59.8
49.7
36.2
11.6
24.5
13.5
12.7
50.9
35.4
11.7
23.8
15.5
14.6
54.9
36.5
11.4
25.0
18.4
17.5
56.4
38.5
11.7
26.8
17.9
17.0
.9
.1
5 9
9 6
25
2 2
11.8
10.3
II
11
— 1.0
38
9 0
I
£1.2
36.9
11.8
25.1
14.3
13.4
13 5
0
4
19 17
1
3
2
4
2
1949
1950
Line
2
0
1
9
2
9
6
.9
-.8
1.6
—2.3
.9
-2.3
-.2
-2.2
.9
2.2
3.1
—.9
II
1.0
3.4
2.8
.5
III
IV
I
322.9
325.8
328.7
324.5
210.7
211.1
212.8
213.2
26.6
108.1
76.4
26.2
109.7
76.9
60.9
61.3
56.2
37.5
12.2
25.3
18.7
17.7
55.6
37.5
12.6
24.9
18.0
17.0
1.0
4.7
3.5
1.2
1.0
5.8
4.6
1.2
II
III
IV
I
322. 5
326.1
323.3
339 6
348 5
362 8
370 1
216.3
216.8
219.7
223.5
227.6
238 8
232 1
25.7
110.3
77.2
28.0
110.5
77.7
29.4
109.8
77 6
30.5
111.4
77 9
31 7
112.6
79 2
32 1
113 9
81 6
40 0
116 0
82 7
35 4
113 5
83 6
59.7
52.3
45.0
48 6
46 0
59 1
66 3
70 8
81 0
55.3
38.5
12.8
25.8
16.8
15.7
52.7
36.7
12.5
24.2
16.0
15.0
51.3
35.1
12.2
22.9
16.2
15.2
51.1
33.4
11 6
21.8
17.7
16 7
52.5
32.7
11 3
21.4
19.8
18 7
55.6
33.6
11 9
21.7
22.0
21 0
64 8
39 9
13 0
26 9
24 8
23 9
63 4
40 0
13 6
26 4
23 5
22 6
—2.5
—1 5
— 1.0
-6.5
—6 0
— .5
60 2
36 5
12 3
24 2
23.7
22 8
10
50
10
17 6
16 4
1i
1.0
4.4
3.5
.9
1.0
—.5
.0
—.5
1.0
-6.3
—5 2
— 1.0
1.0
1.0
1.0
3.5
32
.3
6.0
54
.6
9
6.0
9
13.1
13.3
13.0
9.7
7.7
5.8
5.6
5.5
7.8
7.5
6.5
3.8
3.6
34
15
2 3
23.3
10.2
23.7
10.4
22.9
9.9
20.5
10.8
19.3
11.6
17.7
11.9
18.0
12.4
17.4
12.0
19.4
11.6
19.3
11.8
18.1
11.5
15.7
11.9
15.7
12.1
16 1
12.7
16 5
14 9
16 8
14.5
38.6
39.8
40.7
40.3
41.1
45.5
47.8
50.7
51.3
53.8
54.2
53.8
53.4
51.3
51.7
54.8
18.8
19.8
19.4
20.4
19.4
21.2
18.8
21.5
19.3
21.8
23.0
22.5
25.0
22.8
27.3
23.3
26.8
24.4
28.2
25 6
28.1
26 1
27.1
26 7
26.2
27.2
23 8
27 5
24.0
27 7
27.0
27 7
1956
1957
1958
19 59
Line
1
2
3
4
5
6
7
8
9
Gross National Product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
. .
Gross private domestic investment
I
II
III
IV
443.6
445.6
444.5
450. 3
453.4
453.2
455.2
448.2
437 5
279.8
280.3
280.8
284.7
286.6
287.0
289.3
289.7
285.6
41.3
136.2
102.3
41.0
135.8
103.4
40.2
135.9
104.7
41.6
136.9
106.2
42.5
137.4
106.7
41.5
138.0
107.5
41.0
140.1
108.2
40.9
139.4
109.5
75.5
74.5
74.0
73.3
70.5
69.9
70.9
69.9
48.0
18.8
29.2
21.9
21.2
68.9
47.5
18.8
28.7
21.4
20.7
68.4
47.7
18.5
29.2
20.7
20.1
67.5
47.3
18.4
28.9
20.2
19.5
67.9
48.0
18.2
29.8
19.9
19.2
I
III
II
IV
I
II
I
III
IV
439 5
450 7
461.6
468.6
287.5
291.9
295.2
302.3
38.1
137.8
109 8
37.0
138.8
111.7
37.7
141.2
113 1
38.8
142.8
113 6
42.2
145.2
114.9
64.0
57.5
56.0
61.6
68.5
66.4
46.4
17.9
28.5
20.0
19.3
63.1
43.3
17.3
26.0
19.8
19 2
61.0
41.3
16 7
24.6
19.7
19 0
61.3
40.5
16 2
24.3
20.8
20 1
.3
-.6
.8
III
IV
479 9
475 0
480 4
307.0
310.0
310.1
44.3
146.5
116 2
45.1
147.4
117 5
43.2
148.4
118 4
70.9
78.5
70.2
75.0
64.2
41.4
16 1
25.2
22.8
22 2
67.1
42.2
15.7
26.5
24.8
24 2
69.6
44.3
16 2
28.1
25.4
24 7
68.8
44.9
16.4
28.5
23.9
23.3
.6
.6
69.7
45.1
16 6
28.4
24.7
24 1
4.3
3.5
.8
3.8
3.7
.1
8.9
8.9
.0
.5
.5
—.1
6.2
6.2
.0
II
12
13
Fixed investment
Nonresidential - - - - - - - Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm
69.3
46.5
17.7
28.8
22.9
22 2
69.9
47.3
18.6
28.7
22.6
21.9
.7
.7
.7
.7
.7
.7
.6
14
15
16
Change in business inventories
Nonfarm
Farm _
6.2
6.9
—.8
4.6
5.8
4.4
4.3
.2
2.1
2.0
.1
2.4
2.1
.3
3.0
2.4
.6
-2.5
-3.5
-1.2
4.1
4.6
—.5
-5.6
-6.5
—5.0
-5.8
17
Net exports of goods and services
3.2
5.0
5.3
6.7
7.3
7.0
6.0
4.6
2.5
2.5
2.4
1.3
—.1
-.7
.6
1.2
22.3
19.2
23.9
18.9
25.0
19.6
25.6
18.9
27.2
19.9
26.9
19.9
25.9
19.9
24.7
20.1
22.6
20.1
23.1
20.5
23.2
20.8
23.4
22.0
22.5
22.6
23.0
23.7
24.8
24.2
24.7
23.4
85.2
85.8
84.3
85.7
89.0
89.4
89.1
89.9
91.8
93.6
94.8
96.5
95.5
95.1
94.3
94.2
50.0
35.2
50.3
35.5
48.7
35.6
49.8
35.8
52.1
36.9
52.2
37.2
51.3
37.8
51.3
38.5
52.2
39.6
53.4
40/1
53.9
40.9
55.0
41.5
53.5
42.1
52.6
42.5
51.9
42.3
51.9
42.3
10
11
18
19
20
21
22
Exports
Imports -
.7
- - -
Government purchases of goods and services.
Federal
State and local
26
_
1.0
.6
.9
.6
.8
.6
6
.6
.6
and Seasonally Adjusted Quarterly Totals at Annual Bates, 1947-64
[Billions of 1958 dollars]
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
312.6
309.9
323.7
324.1
355.3
383.4
395.1
412.8
407.0
438.0
446.1
452.5
447.3
475.9
487.8
497.3
530.0
550.0
577.6
203.5
206.3
210.8
216.5
230.5
232.8
239.4
250.8
255.7
274.2
281.4
288.2
290.1
307.3
316.2
322.6
338.6
352.4
372.1
20.5
110.8
72.1
24.7
108.3
73.4
26.3
108.7
75.8
28.4
110. 5
77.6
34.7
114.0
81.8
31.5
116.5
84.8
30.8
120.8
87.8
35.3
124.4
91.1
35.4
125.5
94.8
43.2
131.7
99.3
41.0
136. 2
104.1
41.5
138.7
108.0
37.9
140.2
112.0
43.7
146.9
116.8
44.9
149.7
121.6
43.9
153.1
125.6
49.2
158.4
131.1
53.2
161.8
137.3
58.5
169.4
144. 2
52.3
51.5
60.4
48.0
69.3
70.0
60.5
61.2
59.4
75.4
74.3
68.8
60.9
73.6
72.4
69.0
79.4
82.3
86.3
42.3
30.2
12.5
17.7
12.1
11.3
.8
10.0
10.2
-.2
51.7
36.2
11.6
24.6
15.4
14.5
.9
-.2
1.4
-1.6
55.9
38.0
12.3
25.7
17.9
16.9
1.0
4.6
3,6
1.0
51.9
34.5
11.9
22.6
17.4
16.4
1.0
-3.9
-3.2
-.8
61.0
37.5
12.7
24.8
23.5
22.6
.9
8.3
7.5
.8
59.0
39.6
14.1
25.5
19.5
18.6
.9
10.9
9.9
1.0
57.2
38.3
13. 7
24.6
18.9
18.1
.9
3.3
2.5
.7
60.2
40.7
14.9
25.8
19.6
18.8
.8
.9
1.4
-.4
61.4
39.6
15.2
24.5
21.7
21.0
.8
-2.0
-2.6
.5
69.0
43.9
16.2
27.7
25.1
24.4
.7
6.4
6.0
.4
69.5
47.3
18.5
28.8
22.2
21.5
.7
4.8
5.4
-.6
67.6
47.4
18.2
29.1
20.2
19.5
.7
1.2
.7
.5
62.4
41.6
16.6
25.0
20.8
20.1
.6
-1.5
-2.3
.8
68.8
44.1
16.2
27.9
24.7
24.1
.6
4.8
4.8
.0
68.9
47.1
17.4
29.6
21.9
21.3
.6
3.5
3.2.2
67.0
45.5
17.4
28.1
21.6
21.0
.6
2.0
1.8
.2
73.4
49.7
17.9
31.7
23.8
23.2
.6
6.0
5.2
.7
76.6
51.9
18.0
33.8
24.7
24.1
.5
5.7
4.9
.8
81.7
57.1
18.9
38.3
24.6
24.0
.5
4.6
5.1
-.5
1
1
1
1
]
1
1
8.4
12.3
6.1
6.4
2.7
5.3
3.0
1.1
3.0
3.2
5.0
6.2
2.2
.3
4.3
5.1
4.5
5.6
8.5
1
19.6
11.2
22.6
10.3
18.1
12.0
18.1
11.7
16.3
13.6
19.3
14.1
18.2
15.2
17.8
16.7
18.8
15.8
20.9
17.7
24.2
19.1
26.2
19.9
23.1
20.9
23.8
23.5
27.3
23.0
28.0
22.9
30.0
25.5
32.2
26.5
36.5
27.9
1
1
48.4
39.9
46.3
53.3
52.8
75.4
92.1
99.8
88.9
85.2
85.3
89.3
94.2
94.7
94.9
100.5
107.5
109.8
110.7
2
30.1
18.4
19.1
20.8
23.7
22.7
27.6
25.7
25.3
27.5
47.4
27.9
63.8
28.4
70.0
29.7
56.8
32.1
50.7
34.4
49.7
35.6
51.7
37.6
53.6
40.6
52.5
42.2
51.4
43.5
54.6
45.9
60.0
47.5
59.7
50.0
57.8
52.8
2
2
1953
1952
1951
IV
I
III
II
IV
I
II
1954
III
IV
I
II
1955
III
IV
I
II
Line
III
IV
II
III
374.8
381.5
388.7
388.7
391.4
389.6
393.9
405.3
412.1
416.4
413.7
408.8
402.9
402.1
407.2
415.7
428.0
435.4
442.1
446.4
1
236.0
230.0
232.0
233.3
233.7
238.1
239.1
246.8
250.1
251.5
251.1
250.4
250.8
253.3
256.9
261.9
267.6
273.0
276.3
279.9
2
35.6
116.2
84.3
30.7
114.7
84.6
29.9
117.0
85.2
29.7
118.3
85.3
30.0
117.5
86.2
30.7
120.2
87.2
28.8
122.0
88.3
33.6
123.6
89.6
35.3
124.5
90.3
35. 3
125.0
91.3
35.2
124.1
91.8
35.3
123.9
91.2
33.9
124.6
92.4
34.9
124.1
94.3
35.3
125.7
95.9
37.3
127. 8
96.8
40.7
128.8
98.1
43.4
131.0
98.6
44.8
132.1
99.4
43.7
134.9
101.2
3
4
5
I
71.7
75.1
70.0
63.0
63.8
56.0
58.6
63.6
63.4
64.2
61.5
55.7
56.3
57.0
59.8
64.3
70.8
75.5
76.9
78.5
6
61.0
38.8
13.8
25.0
22.2
21.3
.9
10.7
9.7
1.0
59.1
39.8
14.4
25.4
19.3
18.4
.9
16.0
15.1
.9
58.4
40.3
14.4
26.0
18.1
17.2
.9
11.6
10.6
1.0
57.7
39.4
13.7
25.7
18.2
17.4
.9
5.4
4.3
1.0
58.1
39.5
13.6
26.0
18.6
17.7
.9
5.7
4.8
.9
58.5
39.6
13.6
26.1
18.9
18.0
.9
-2.5
-3.2
.8
54.4
35.7
13.6
22.1
18.7
17.8
.9
4.2
3.5
.7
57.9
38.4
14.0
24.3
19.5
18.7
.9
5.7
5.1
.6
60.3
40.4
14.5
25.9
19.9
19.0
.8
3.1
3.5
-.4
60.3
40.4
14.9
25.5
19.9
19.1
.8
3.8
4.4
-.6
60.3
41.1
15.0
26.1
19.3
18.5
.8
1.2
1.7
-.6
59.9
40.7
15.2
25.6
19.2
18.4
.8
-4.3
-4.1
-.2
59.2
39.5
15.3
24.2
19.7
18.9
.8
-2.9
-3. 1
.2
60.6
39.5
15.2
24.3
21.1
20.3
.8
-3.6
-4.0
.4
62.3
39.9
15.1
24.8
22.4
21.7
.8
-2.5
-3.1
.6
63.4
39.6
15.1
24.6
23.8
23.1
.7
.9
-.1
1.0
65.8
40.2
15.6
24.7
25. 6
24.9
.7
5.0
4.3
.7
68.8
43.0
15.9
27.1
25.8
25.1
.7
6.7
6.4
.3
70.5
45.4
16.5
28.9
25.1
24.4
.7
6.4
5.9
.4
71.0
47.1
17.0
30.1
23.9
23.2
.6
7.6
7.3
.3
7
8
9
10
11
12
13
14
15
16
2.7
4.8
6.8
6.8
6.0
3.8
1.6
.6
1.0
.8
1.1
1.5
1.8
3.0
3.3
4.0
4.1
2.7
3.1
2.8
17
17.3
14.6
19.0
14.3
20.3
13.5
20.6
13.8
20.4
14.4
18.2
14.4
16.9
15.3
17.3
16.7
17.3
16.3
17.8
17.0
18.2
17.0
18.0
16.5
17.2
15.5
19.3
16.3
18.9
15.5
19.9
15.9
20.7
16.5
20.1
17.4
21.2
18.1
21.5
18.7
18
19
64.4
71.7
79.9
85.6
87.8
91.7
94.6
94.4
97.7
99.9
100.0
94.1
88.8
87.2
85.4
85.5
84.2
85.8
85.1
20
36.6
27.7
43.9
27.8
51.8
28.0
57.5
28.1
59.8
28.1
63.1
28.6
66.6
28.0
65.6
28.8
68.4
29.2
70.7
29.1
70.0
29.9
62.6
31.4
57.1
31.6
54.6
32.6
52.7
32.7
51.5
34.0
49.9
34.4
51.3
34.5
50.3
34.8
21
22
I
II
III
IV
I
II
70.8
30.5
1962
1961
1960
101.3
III
IV
I
II
1963
III
IV
I
II
1964
III
IV
I
II
Line
III
IV
490.2
489.8
487.4
483.8
482.7
492.9
501.6
511.9
519.7
527.9
533.6
538.5
541.2
544.9
553.7
560.0
567.1
575.9
582.6
584.7
1
313.9
317.8
316.5
316.5
316.3
320.5
324.0
329.6
333.5
335.9
340.3
344.8
348.3
350.0
355.1
356.4
364.5
369.8
377.3
376.8
2
45.4
148.8
119.6
45.6
150.7
121.4
45.0
149.5
122.0
43.5
149.6
123.3
41.7
150.9
123.7
43.2
152.4
124.9
44.5
153.3
126.1
46.3
155.8
127.5
48.1
156.6
128.8
48.1
157.8
130.1
49.7
158.9
131.8
50.8
160.2
133.8
52.0
161.0
135.3
52.3
161.2
136.5
54.1
163.0
138.0
54.7
162.1
139.6
57.0
166.4
141.1
58.7
167.8
143. 3
60.2
171.6
145.5
57.9
171.8
147.1
3
4
5
79.9
73.5
71.0
65.2
62.4
67.8
71.2
74.7
77.2
79.0
80.6
80.7
78.7
80.5
83.0
86.9
83.8
85.2
86.0
90.2
6
70.2
46.6
17.6
29.0
23.7
23.1
.6
69.7
47.6
17.2
30.5
22.0
21.5
.6
68.1
47.0
17.1
29.9
21.0
20.5
.6
67.8
47.0
17.8
29.2
20.7
20.2
.6
65.8
44.9
17.6
27.3
20.9
20.3
.6
65.7
44.6
17.4
27.2
21.1
20.5
.6
67.4
45.7
17.4
28.3
21.6
21.1
•6
69.2
46.6
17.3
29.4
22.6
22.0
.6
70.7
47.6
17.3
30.3
23.1
22.5
.6
73.1
49.3
18.0
31.3
23.8
23.3
.6
75.3
51.1
18.3
32.8
24.2
23.7
.6
74.5
50.7
18.1
32.6
23.8
23.3
•6
74.2
50.0
17.6
32.4
24.2
23.6
.6
75.8
51.2
17.6
33.5
24.6
24.1
.6
77.2
52.6
18.3
34.3
24.6
24.0
.5
79.0
53.7
18.6
35.1
25.3
24.8
.5
80.7
55.1
18.7
36.4
25.7
25.1
.5
80.7
55.7
18.9
36.8
25.0
24.4
.5
82.2
58.1
18.8
39.3
24.1
23.6
.5
83.1
59.6
19.0
40.6
23.6
23.0
.5
7
8
9
10
11
12
13
9.6
9.7
—.1
3.8
3.6
.2
3.0
2.6
.4
-2.6
-3.0
.4
-3.4
-3.6
.2
2.1
1.8
.2
3.8
3.5
.3
5.5
5.3
.1
6.5
6.0
.4
5.9
5.3
.5
5.3
4.4
.9
6.2
5.1
1.1
4.4
3.7
.7
4.6
4.1
.5
5.8
5.2
.6
7.9
6.7
1.2
3.0
3.3
-.3
4.5
5.3
-.9
3.8
4.4
-.7
7.1
7.3
-.3
14
15
16
2.6
3.9
4.5
6.2
6.4
5.0
4.4
4.7
3.5
5.2
4.9
4.4
4.0
5.8
5.5
7.1
9.0
8.1
8.7
8.3
17
28.0
23.6
28.6
23.9
28.5
25.0
30.7
25.5
30.5
25.6
30.3
25.9
29.6
25.7
32.2
26.4
32.5
27.0
34.3
27.2
36.0
27.0
35.7
27.6
36.8
28.1
37.13
29. d
18
19
109.6
109.9
112.8
110.5
109.4
20
68.7
50.8
58.2
51.7
59.9
52.9
57.1
53.4
56.1
53.3
21
22
26.2
23.5
27.5
23.6
27.4
22.9
28. 0
21.8
28.3
21.9
27.2
22.1
93.9
94.7
95.4
95.9
97.6
99.5
102.0
102.9
105.5
107.8
107.8
108.5
51.2
42.6
51.0
43.7
51.8
43.6
51.8
44.1
52.2
45.4
54.2
45.3
55.9
46.1
55.9
47.0
58.6
46.9
60.7
47.1
60.2
47.6
60.6
48.0
110.3
61.3
49.1
108.7
59.2
49.5
110.0
59.7
50.3
27
Table 3.—National Income by Type of Income: Annually, 1929-64,
[Millions of dollars]
1929
1930
1931
86,795
75,382
59, 669
_ _ _ 51, 098
46,845
39,751 31,064
Line
1
2
3
4
5
Q
7
8
9
10
11
12
13
14
15
16
National Income
Compensation of employees
1933
42,785 40,312
1934
1935
49, 515 57 208
1936
1937
1938
1939
65 013
73 650
67 372
72 564
1940
1941
1942
81 124 104 222 137 065
1943
1944
m qoo
I 09 KQO
29,547 34,302 37, 345 42, 914 47 934 44 996 48 108 52 127 64 784 85 260 109 545 10.1 910
30, 487 29, 005 33 712 36 695 41 924 46 107 42 978 45 941 49 816 62 081 82 098 105 786 1 1 fi 74.Q
25, 521 23, 863 27, 636 30 194 34 058 38 614 34* 754 37 742 4l' 393 51* 889 66 112 79 155 83 769
292
268
267
303
334
354
365
388
563 I 866 6 168 14 133 20 033
4 674 4 875 5 808 6 198 7 532 7 139 7 859 7 811 7 860 8 326 9 818 19 4.QR 19 04.7
542
590
577
'650
990 1,827 2 018 2 167 2 311 2 703 3 162 3 759 4 463
126
133
147
171
1,423
418 1,234
1,540
1, 624 1,983 2,302 2,677 2,937
451
443
409
479
572
593
595
627
687
720
860
1 082 1 526
148
166
140
180
238
218
228
248
282
314
401
586
948
303
269
277
299
334
375
367
379
405
406
459
496
578
9,165 5,654 5,915 7,675 10, 758 10 955 13 203 11 297 11 845 13 045 17 507 23 g3i 28 632 29 821
50,436 46,188 39, 130
Wages and salaries
Private
- . _ - _ _ _ 45,498 41, 034 33, 872
308
311
304
Military
4,630 4,843 4,954
Government civilian *
662
Supplements to wages and salaries.
657
621
101
Employer contributions for social
106
HI
insurance.
561
Other labor income
__
551
510
169
Employer contributions to private
160
158
pension and welfare funds.
392
391
352
Other
_
Proprietors' income
-
--
- 15, 108
11,884
8,958
8,816
142
6,150
7,581
6,826
755
4,303
5, 753
5, 142
611
3,412
3,558
3,263
295
2,096
3 331
3,856
—525
2 584
4 723
4,777
— 54
2 952
5,425
4,778
3,761
2,713
1,971
1 694
10,462
6,957
2,042 -1,262 -1,187
1,721
9,990 3,697
-372 -2,309
956
842
1,369
521
498
385
8,621 2,855
-870 -2,694
435
5,801 5,468 4,066 2,544 2,038
2,820 -2, 613 -4, 936 -5,238 -1,603
472 3,260 2,414
1,047 —2, 143
2,346
744
1,602
2,567
—965
—625
4,702
4,123
Business and professional
Income of unincorporated enterprisesInventory valuation adjustment
Farm
17
Rental income of persons
18
Corporate profits and inventory valuation
adjustment
19
20
21
22
23
24
Profits before t a x _ _ _ _ _ _ _
Profits tax liability
Profits after tax
_ __
Dividends
_
Undistributed profits
Inventory valuation adjustment
25
1932
__-
Net interest
-
4,918
4,950
4,616
4,066
5 488
5,,538
-50
5 270 '
6 663
6,783
—120
4 292
7 202
7,231
—29
6 001
6 926
6^705
221
4 371
7 435
7,601
—166
4 410
8 581 11 067 14 049
8,626 11,682 14, 416
—45 —615
—367
4 464 6 440 9 782
16 971
17, 127
156
11 661
1 661
1 776
2 081
2 560
2 742
2 885
3 465
4 *?47
5 097
5 413
3,371
5,602
6,754
4,932
6,327
9,813
15,247
20,331 24,357
23,820
3,598
951
2,647
2,844
-197
—227
6,340
1 409
4 931
4,523
408
—738
6,785
1 502
5 283
4,660
623
—31
3 969
1 029
2 940
3 165
—225
963
7,041 10 013 17 718 21 535
1 441 2 834 7 610 11 415
5 600 7 179 10 108 10 120
3 766 4 016 4 431 4 254
1,834 3 163 5 677 5 866
—714
—200 —2 471 —1 204
4,073
3,766
3,678
3,587
3,542
3,254
3,219
18 210
18,279
69
11 611
25 130
14 074
11 056
4 446
6 610
773
24 107
12 949
11 158
4 617
6 541
*287
2,691
2,326
3,096
i Includes also the pay of employees of government enterprises and of permanent United States residents employed in the United States by foreign governments and international
organizations.
[Billions of dollars]
1946
19417
Line
I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
II
III
IV
I
19418
II
III
IV
I
194 9
II
III
IV
I
II
III
IV
National Income
Compensation of employees
Wages and salaries
Private
Military
Government civilian x
„ „ _ ..
Supplements towages and salaries
Employer contributions for social
insurance.
Other labor income
Proprietors' income
Business and professional
Farm
- Rental income of persons _
Corporate profits and inventory valuation
adjustment.
Profits before tax
Profits tax liability
_
Profits after tax
170.6
113.5
107.7
82.7
12.5
12.5
5.8
4.0
178.0
115.4
109.5
89.2
7.6
12.7
5.9
4.0
186. 2
119.4
113. 5
94.6
5.9
13.0
5.9
4.0
192.5
123.0
117.2
98.6
5.3
13.3
5.9
3.9
194.6
125.6
119.6
101.7
4.6
13.3
6.0
3.9
195.8
127.5
121.4
103.9
4.0
13.5
6.1
3.9
198.8
128.9
123.3
106.4
3.8
13.1
5.7
3.3
206.8
133.5
127.7
110 3
3.9
13.5
5.8
3.2
215.6
136. 9
131.2
113 4
38
14.0
5.7
3.0
223.2
138.7
133.0
114 8
39
14.3
5.7
3.0
228.0
143.6
137.8
118 5
4 0
15.3
5.8
3.0
229.8
145.1
139. 2
119 1
42
15.9
5.9
3.1
222.1
143.1
136.7
116 6
42
16.0
6.3
3.5
217.0
140. 9
134. 4
114 0
41
16.3
6.5
3.5
217 1
140 3
133 7
113 0
42
16 5
66
3.5
214 0
139. 9
133.2
112 1
45
16 6
6.7
3.5
1.8
34.0
21.0
13.0
6.3
15.3
1.8
35.8
22.1
13.7
6.5
18.8
1.9
38.4
22.1
16.2
6.6
20.2
2.0
37.9
21.2
16.7
7.1
22.9
2.1
37.3
20.5
16.8
7.0
22.6
2.3
33.6
20.1
13.5
6.8
25.8
2.4
34.8
19.9
14.9
7.1
26.1
25
36.2
20.5
15.6
7.6
27.7
2.6
37.5
21.8
15.7
7.7
31.5
27
41 4
22 6
18.8
7.9
33.4
27
41 7
23 2
18.5
8.0
32.9
28
40*3
23 2
17.1
8.2
34.4
28
36 1
22 7
13.4
8.3
32.8
30
35 4
22 7
12.7
8.3
30.5
31
34 6
22 5
12 1
8.5
31.7
32
35 o
22 6
12.4
8.7
28.4
16.5
6.1
10.4
21.6
8.0
13.6
28.3
10.5
17.8
31.8
11.8
20.1
32.3
11.6
20.7
30.5
10.9
19.6
30.2
10.8
19.4
32.9
11.8
21.1
34.4
12.2
22.2
35.7
12.7
23.0
34.5
12.3
22.2
31.4
11.3
20.1
27.6
9.9
17.7
28.8
10.3
18.4
28.2
10.1
18.1
Undistributed profits
Inventory valuation adjustment
Net interest
5.3
-1.2
1.5
8.1
-2.8
1.5
12.1
—8.1
1.6
13.9
-8.9
1.6
14.6
-9.7
2.0
13.2
-4.7
2.0
12.8
—4.0
1.9
14.6
—5.2
1.8
15.0
—2 9
1.9
36.3
12.9
23.4
6.8
16.6
—2 9
1.8
15.8
—2 8
1.8
14.8
12.8
1.4
1.9
10.5
2.8
2.0
11.3
30
2.0
10.7
.2
1.9
1956
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
National income
Compensation of employees
Wages and salaries
Private
Military. _
Government civilian l
Supplements to wages and salaries. — -.
Employer contributions for social
insurance.
Other labor income
Proprietors' income
Business and professional
Farm
Rental income of persons
-_
Corporate profits and inventory valuation
adjustment.
Profits before tax
.
__
15
16
Profits tax liability
_ _
17
Profits after tax
18
Dividends
19
Undistributed profits
20
Inventory valuation adjustment
21 Net interest
____
19 57
19 59
19 58
I
II
III
IV
I
II
III
IV
343.0
236.6
222.2
184.8
9.7
27.7
14.5
6.5
348.3
241.2
226.3
188.3
9.7
28.3
14.9
6.6
351.9
244.3
228.7
190.1
9.7
29.0
15.5
6.9
359.3
250.1
234.1
195.0
9.6
29.5
16.0
7.1
364.5
253.7
236.9
197.3
9.6
30.1
16.8
7.7
366.0
255.5
238.4
198.2
9.7
30.5
17.1
7.8
369.5
258.1
240.6
199.6
9.8
31.1
17.6
7.9
364.0
256.6
238.8
197.8
9.5
31.5
17.8
7.9
357.9
253.5
236.0
193.9
9.5
32 6
17.5
7.8
8.0
42.1
30.9
11.1
14.1
46.0
8.3
42.3
31.2
11.0
14.3
46.1
8.6
43.1
31.3
11.8
14.4
45.5
8.9
43.5
31.9
11.7
14.5
46.3
9.1
43.4
32.6
10.9
14.5
47.7
9.4
43.8
32.8
11.0
14.7
46.6
9.6
44.7
33.1
11.7
15.0
45.9
9.9
44.3
32.7
11.6
15.0
42.1
48.9
21.7
27.2
11.1
16.1
-2.9
4.2
49.8
22.1
27.7
11.1
16.6
-3.6
4.4
46.7
20.7
26.0
11.2
14.8
—1.2
4.6
49.3
21.9
27.4
11.6
15.8
-3.0
5.0
50.1
22.5
27.6
11.7
15.9
-2.4
5.1
48.1
21.6
26.5
11.9
14.6
—1.5
5.4
47.2
21.2
26.0
12.0
13.9
-1 3
5.7
43.0
19.3
23.7
11.8
11.9
— 9
6.1
NOTE: The balance of this table follows page S-40 of Business Statistics section..
28
1.?
I
II
I
II
III
IV
399.7
280.3
259.1
213.2
9.9
36 0
21.2
9.7
402.8
283.3
261.8
215.5
9.8
36.4
21.5
9.8
III
IV
359 3
253 1
235 5
192 4
9.7
33 5
17.6
7.8
370.2
259 1
241 1
196.9
10.0
34.3
18.0
8.1
383.0
265.4
247 0
202.3
9.9
34 7
18.5
8.2
392.4
272.7
252. 7
207.7
9.9
35 1
20.1
9.4
404.9
280.1
259.2
213.7
9.9
35.6
20.8
9.7
9.7
46 4
32.4
13 9
15.3
36.4
97
46 3
32 8
13 5
15.4
37.8
9.9
46 7
33 3
13 3
15.4
42.0
10 3
47.1
34.1
13 0
15.6
47.6
10.7
46.0
34.5
12 4
15.3
50.4
11.1
47.1
35.4
11.7
15.5
55.2
11.5
46. 1
35.4
10.7
15.7
50.6
11.7
46.1
35.2
10.9
15.8
50.3
36.6
16.9
19.8
11 6
8.2
— 2
6.3
37.5
17.3
20.2
11 7
8.6
3
6.6
42.3
19.5
22.8
11 6
11.2
— 2
7.0
48.5
22.3
26.2
11.3
14.9
— 9
7.3
51.2
23.3
28.0
12.0
15.9
— 8
7.1
56.5
25.7
30.8
12.4
18.4
-1.3
7.0
51.0
23.2
27.9
12.8
15.1
—.5
7.0
49.5
22.5
27.0
13.0
14.0
.7
7.3
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
1946
1948
1947
1952
1951
1950
1949
1954
1953
1956
1955
1957
1958
1959
1960
1961
1962
1963
1964
181,485 181,879 199,018 224,178 217,494 241,074 277,978 291,380 304,734 303,138 331,018
350,799 366,096
367,762
400,025
414,522
123,097 117,851 128,892 141, 131 141,029 154,571 180,687 195,308 209, 111 207,956 224,479
243,058 255,996
257,816
279,093
294,226 302,638 323,632 341,031
117, 493 111,990 122,993 135,376 134, 505 146, 772 171, 093
82, 580 91, 288 105, 567 116, 514 113, 890 124,390 142, 108
7,818 4,067 3,970 4,248 4,999 8,684
21,819
13, 094 12,884 13, 359 14,892 16, 367 17, 383 20,301
5,604 5,861
5,899 5,755 6,524 7,799 9,594
3,805 3, 970 3,565 3,042 3,503 3,976 4,808
1,799
1,132
1,891
1,231
3,021
2, 024
2,713
1,810
2,334
1,555
211, 266 227,842 238, 695 239, 926 258, 187 270,844 278,080 296,091 311, 191 333,539
175, 074 189, 550 198, 245 196, 382 212, 538 222, 108 225,869 240, 132 251, 590 269, 192
9,644
9,663
9,873
9,894 10, 185
9,778
9,767
10, 756 10, 849 11,707
26, 414 28, 629 30,806 33, 777 35, 776 38, 842 42, 026 45, 203 48, 752 52, 640
17, 890 20, 906 23, 382 24, 558 27, 541 29, 840 31, 806
13,213 15,216 17,301
6,766
7,811
7,972
5,899
9,650 11, 380 11, 812 13,657 15,015
15, 353
3
4
5
6
7
8
196, 474
161, 889
9,951
24, 634
11, 482
5,182
5,316
4,019
5,994
4,598
6,300
4,822
7,314
5,695
1,396
1,478
667
660
779
903
997
1,080
1,204
1,297
36,524
35,488
40,218
35,285
37,475
41,963
42,111
19, 199
19,305
-106
12, 223
21, 596
23, 301
-1,705
14, 928
5,634
6,631
1
2
198, 259
164, 207
10, 337
23, 715
10, 852
4,858
31,422
457,687 481, 110 514,389
365,345
185, 076
151,948
10, 472
22, 656
10, 232
4,916
4,786
3,582
3,823
2, 743
427,341
Line
8, 450
6,613
9,490
7,527
9, 918
7, 870
11, 256
9,064
12, 002
9,684
12, 746
10, 357
13,884
11, 356
14,825
12, 149
16, 453
13, 518
9
10
11
12
1,619
1,837
1,963
2,048
2,192
2,318
2,389
2,528
2,676
2,935
40,512 39,988 41,701
42,735
44,063
46, 607
46,550
46,209
48,434
50, 111
50,797
51, 137
20, 286 22, 713 22,626 23,977 26, 125 27, 125 27,464 27,558 30,283
21,757 23, 123 22, 163 25, 071 26, 452 26, 924 27,632 27,607 30,481
+201
+463 -1,094 -327
-49 -198
-410
-168
-1,471
15, 202 17, 505 12, 659 13, 498 15, 838 14,986 13,048 12,430 11, 418
31, 340
31, 842
-502
11, 395
32, 780
33,080
-300
11, 283
33, 173
33, 229
-56
13, 434
35, 129
35, 269
-140
11, 421
34, 244
34,263
-19
11, 965
35, 586
35,553
+33
12, 848
37,093
37, 076
17
13, 018
37, 758
37, 793
-35
13,039
39, 110
39, 139
-29
12,027
13
14
15
16
7, 122
7,964
8,438
9,361
10,321
11,500
12,677
13,598
13,898
14,313
14,811
15,418
15,596
15,822
15,964
16,691
17,551
18,210
17
19, 158 19,326 25,571
33,036
30,797
37,669
42,731
39,903
39,630
37,963
46,871
46,132
45,638
41, 117
51,676
49,904
50,297
55,660
58, 146
64,544
18
19, 722 24,589 31, 470
10,689 9,104 11,268
9,033 15, 485 20, 202
4,600 5,574 6,321
4,433 9,911 13,881
-564 -5,263 -5,899
35, 188
12,518
22, 670
7,036
15,634
-2, 152
28,941
10,408
18, 533
7,238
11, 295
1,856
42,634
17, 770
24,864
8, 838
16, 026
-4, 965
43, 930
22, 335
21, 595
8,570
13, 025
-1,199
38, 922
19, 366
19, 556
8,560
10, 996
981
40, 627
20, 266
20, 361
8,886
11, 475
-997
38,281 48, 607 48,825 47, 177
17, 728 21, 616 21, 668 21, 202
20, 553 26, 991 27, 157 25, 975
9,282 10,478
11, 280 11, 742
11, 271 16, 513 15, 877 14, 233
-318 -1,736 -2, 693 -1,539
41,372
19, 045
22, 327
11, 566
10, 761
-255
52, 141
23, 679
28, 462
12, 580
15, 882
-465
49, 712
23,032
26,680
13, 437
13, 243
192
50, 349
23,104
27, 245
13, 770
13, 475
-52
55,408
24, 179
31,229
15, 183
16,046
252
58, 586
25, 994
32, 592
15, 834
16, 758
-440
64, 836
27,644
37, 192
17, 249
19, 943
-292
19
20
21
22
23
24
1,829
1,945
1,998
2,276
2,558
2,804
6,804
7,110
8,361
10,008
11,593
13,585
15, 153
25
2,174
1,547
1,945
3,633
4,561
4,069
5,588
[Billions of dollars]
I
II
III
222.3
143.9
136.6
115.4
4.4
16.8
7.3
3.8
232.7
149.9
142.4
121.0
4.3
17.1
7.5
3.8
248.4
158.2
150.3
127.7
4.9
17.6
8.0
4.0
3.4
35.6
22.8
12.8
9.1
31.7
3.7
36.1
23.4
12.7
9.2
35.5
4.0
38.6
25.0
13.7
9.5
40.0
4.2
39.5
24.7
14.8
9.7
43.4
32.4
13.5
18.9
8.3
10.6
-.7
2.0
38.8
16.2
22.6
8.4
14.2
-3.3
2.0
47.4
19.7
27.6
9.2
18.5
-7.3
2.0
51.9
21.6
30.3
9.5
20.8
-8.5
2.0
I
II
III
IV
276.2
179.8
170.3
142. 0
8.5
19.8
9.5
4.8
280.5
183.0
173.3
143.0
9.2
21.1
9.7
4.8
285.3 286.3
185.7 190.6
175.7 180.6
144.9 148.4
10.2
9.7
22.1
21.2
10.0
10.0
4.9
4.9
4.5
41.3
25.9
15.4
9.9
42.5
4.7
41.7
25.9
15.8
10.1
42.4
4.9
42.0
26.2
15.8
10.5
42.8
5.1
42.8
26.5
16.3
10.9
43.5
51.2
26.0
25.2
8.3
16.9
-8.7
2.2
43.4
22.1
21.3
8.5
12.8
-1.0
2.2
39.3
20.0
19.3
8.5
10.9
3.5
2.3
42.1
21.4
20.7
8.6
12.1
1.5
2.4
IV
260.8 270.0
166.2 174.2
157.7 165.0
133.3 138.4
7.4
6.3
19.1
18.1
9.2
8.4
4.2
4.7
1960
I
1953
1952
1951
1950
I
II
III
IV
414.2
291.8
268.8
221. 6
9.8
37.4
23.0
11.2
417.1
295.0
271.6
223.5
9.8
38.4
23.3
11.4
415.2
295.9
272.4
222.9
9.9
39.5
23.5
11.5
411.7
294.2
270.5
220.4
10.0
40.1
23.7
11.4
11. 8
45.4
34.7
10.7
15.8
53.3
11.9
46.6
34.5
12.1
15.8
51.6
12.1
46.3
33.9
12.4
15.9
48.6
53.9
25.0
28.9
13.3
15.6
-.6
7.9
51.8
24.0
27.8
13.5
14.3
-.2
8.0
47.5
22.0
25.5
13.7
11.7
1.2
8.5
I
II
I
II
1955
III
IV
286.6
192. 0
181. 8
148.8
10.6
22.4
10.1
4.9
291.7
195.4
185.1
151.6
10.7
22.9
10.3
4.9
301.2 306.0
203.2 206.9
192.7 196. 2
159.0 162.3
10.5 10.3
23.2 23.6
10.5 10.7
4.9
5.0
5.1
41.2
26.6
14.6
10.9
41.1
5.2
42.2
27.0
15.2
11.3
38.7
5.4
43.9
27.2
16.7
11.7
38.1
5.5
41.2
27.7
13.5
12.1
42.1
5.8
41.3
27.8
13.5
12.2
42.9
5.9
40.6
27.6
13.0
12.5
41.9
6.1
39.9
27.3
12. 6
12.8
40.5
6.2
40.2
27.1
13.1
13.2
33.2
6.2
40.3
26.9
13.4
13.2
35.6
6.2
39.3
27.4
11.9
13.5
36.6
6.3
40.1
27.6
12.6
13.8
38.2
39.8
19.8
20.0
8.0
12.0
1.3
2.4
37.5
18.7
18.8
8.6
10.2
1.2
2.5
37.4
18.6
18.8
8.5
10.3
.7
2.6
41.3
20.5
20.7
8.7
12.0
.8
2.7
43. 3
21.6
21.7
8.4
13.3
-.4
2.7
43.5
21.7
21.8
9.2
12.6
-1.6
2.7
42.5
21.2
21.3
9.1
12.2
-2.0
2.7
33.2
16.6
16.6
8.9
7.7
.0
3.1
35.6
16.5
19.1
9.4
9.7
.0
3.3
36.7
17.0
19.7
8.8
10.9
.0
3.5
38.9
18.0
20.9
9.2
11.7
-.7
3.8
III
IV
307.9 306.4 298.5
210.2 210.4 208.8
199.3 199.5 197.9
165. 2 165.4 163.8
10.4
10.4
10.3
23.8 23.7
23.8
10.9 10.9
10.9
5.0
4.8 , 4. 7
1962
1961
II
I
1954
299.3 299.5
206.9 206.5
195.6 195.2
161.5 160.8
10.1
10.0
24.0
24.4
11.3
11.3
5.1
5.2
Line
I
II
III
IV
320.5
215.8
203.3
168.1
9.7
25.6
12.5
5.6
328.7
222.4
209.4
173.1
10.0
26.3
12.9
5.8
334.5
227.3
213.7
177.3
9.8
26.6
13.6
6.1
340.9
232.3
218.4
181.6
9.7
27.1
13.9
6.1
1
2
3
6.5
40.2
28.4
11.8
13.9
41.3
6.9
40.9
29.2
11.7
13.8
46.0
7.2
41.6
29.9
11.7
13.8
46.9
7.5
42.0
30.7
11.3
13.9
47.2
7.7
42.3
31.2
11.0
14.1
48.1
9
10
11
12
13
14
41.9
19.4
22.5
9.4
13.1
-.5
4.0
47.1
20.9
26.1
9.9
16.2
-1.1
4.0
47.8 49.4 50.9
21.2 21.9 22.6
26.5 27.4 28.3
10.1 10.7 10.8
16.4 16.7 17.4
-.9 -2.2 -2.8
4.0 4.1 4.1
15
16
17
18
19
20
21
IV
302.9 310.9
207.1 211.4
195.6 199.6
160.8 164.5
9.9
9.8
24.9 25.2
11.5 11.8
5.2
5.3
1964
1963
4
5
6
7
8
Line
II
III
IV
I
II
III
IV
I
II
III
IV
448.8
317.1
290.3
235.2
11.1
44.0
26.8
13.4
456.0
322.9
295.6
240.0
11.0
44.6
27.4
13.7
460.4
325.7
297.9
241.8
10.6
45.4
27.813.8
465.6
328.8
300.6
243.5
10.3
46.8
28. 2
13.8
470.4
333.6
304.5
246.3
10.5
47.7
29.0
14.7
476.7
338.0
308.4
249.4
10.6
48.4
29.6
15.0
484.6
343.0
312.9
253.2
10.7
49.1
30.1
15.1
492.6
349.5
318.8
257.4
11.6
49.9
30.7
15.3
501.6
355. 1
324.2
261. 6
11.6
51.0
30.8
15.1
510.5
361.9
330.4
266.9
11.6
51.9
31.5
15.2
519.5
369.0
336.8
271.7
11.7
53.3
32.2
15.5
526.3
375.4
342.6
276.5
11.9
54.3
32.7
15.7
1
2
3
4
5
6
7
8
13.1
49.6
36.4
13.2
16.1
55.4
13.4
50.3
36.7
13.5
16.3
54.3
13.7
50.4
37.1
13.3
16.5
54.9
14.0
49.9
37.2
12.7
16.8
56.1
14.3
49.8
37.3
12.6
17.2
57.4
14.4
50.7
37.5
13.2
17.1
56.3
14.6
50.5
37.6
12.9
17.4
57.6
14.9
50.9
37.9
13.0
17.7
59.1
15.4
51.0
38.0
13.0
18.0
59.6
15.8
50.4
38.5
11.9
17.9
63.6
16.3
51.0
39.0
12.0
18.1
64.5
16. 7
51.4
39.4
12.0
18.3
65.5
17.1
51.8
39.6
12.2
18.5
64.9
9
10
11
12
13
14
55.7
25.6
30.1
14.2
16.0
-.3
10.8
54.4
23.7
30.7
14.4
16.3
-.1
10.8
54.8
23.9
30.9
15.0
15.9
.0
11.3
56.0
24.4
31.5
15.3
16.2
.1
11.8
56.5
24.7
31.8
15.6
16.3
.9
12.4
56.1
24.9
31.2
15.6
15.6
.2
12.7
58.5
26.0
32.6
15.7
16.8
-.9
13.2
58.9
26.1
32.8
15.8
17.0
.2
13.9
60.8
27.0
33.8
16.1
17.7
-1.2
14.5
64.0
27.3
36.7
16.7
20.0
-.4
14.5
64.5
27.5
37.0
17.1
19.9
.0
15.0
65.3
27.8
37.5
17.4
20.1
.2
15.4
65.9
28.1
37.8
17.7
20.0
15
16
17
18
19
20
21
II
III
IV
412.2
294.8
270.9
220.1
10.0
40. 8
23.9
11.5
422.6
299.5
275.2
223.7
10.0
41.6
24.3
11.7
430.7
304.7
279.9
227.3
10.0
42.6
24.8
11.9
443.4
311.5
286.3
232.3
10.8
43.2
25.2
12.1
12.2
46.5
33.8
12.7
15.9
46.1
12.4
47.4
34.6
12.8
15.9
45.0
12.6
48.1
35.4
12.7
15.9
49.3
12.8
48.6
35.9
12.7
16.0
51.1
45.7
21.2
24.5
13.6
10.9
.5
9.0
45.0
20.7
24.4
13.5
10.9
—.1
9.2
48.8
22.4
26.4
13.4
13.0
.5
9.7
51.4
23.6
27.8
13.6
14.2
-.3
10.2
I
III
-i. o
15.7
29
Table 4.—Relation of Gross National Product, National Income, and Personal Income:
[Millions of dollars]
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
103, 095
90, 367
75, 820
58,049
55,601
65 054
72, 247
82 481
90 446
84 670
90 494
7,868
7,973
7,858
7,369
6, 953
6,834
6,873
7,037
7,157
7,291
7,267
95, 227
82, 394
67, 962
50, 680
48,648
58, 220
65, 374
75, 444
83 289
77 379
83 227
Line
1 Gross National Product
1940
1941
99 678 124 540
1942
1R7
Q1A
1943
m
ean
1944
91 A 1 ft/4
2
Less: Capital consumption allowances- ..
3
Equals: Net national product
4
Less: Indirect business tax and nontax
liability.
Business transfer paymentsStatistical discrepancy. _ -
7,003
7,155
6,859
6,768
7,055
7,815
8,190
8,663
9,157
9,154
9,365
10, 021
11, 296
11, 769
534
-800
649
736
737
640
641
345
659
594
—215
594
1,213
567
-25
429
600
451
1 332
431
1 019
502
402
495
1 065
12, 735
cnc
2' 037
14, 127
587
7
Plus: Subsidies less current surplus of
government enterprises.
-147
-123
-49
-45
18
283
403
39
60
176
485
420
102
150
183
652
g
Equals: National income _
86,795
75, 382
59, 669
42,785
40, 312
49, 515
57,208
65, 013
73, 650
67 372
72 564
9
Less: Corporate profits and inventory 10, 462
valuation adjustment.
243
Contributions for social insurance. 0
Wage accruals less disbursements.-
6,957
2,042 -1, 262 -1, 187
1,721
3,371
5,602
6,754
4,932
6,327
5
6
10
11
15
Plus: Government transfer payments to
persons.
Interest paid by government (net)
and by consumers.
Dividends
Business transfer payments .
16
Equals: Personal income
12
13
14
--
695
532
7,503
8,220
9, 796
92 175 116 320 148 114
10, 250
m
qJO
11, 024
1 QQ ftftfl
KAC
0
KA7
81 124 104 222 137 065 170 322 182 592
9,813
15, 247 20,331
253
0
262
0
278
0
285
0
304
0
333
0
598
0
1,800
0
1,977
0
2,136
0
2,282
0
2, 784
0
24,357
23,820
3,468
0
4, 516
209
5,173
-193
909
999
2,065
1,433
1,457
1,553
1, 806
2,926
1,851
2,405
2,512
2, 683
2,611
2,648
2,459
3,082
2,518
1, 842
1,751
1,667
1,636
1,715
1,657
1,746
1,944
1,884
1,939
2,126
2,237
2,238
2,647
3, 279
5,801
587
5,468
534
4,066
649
2,544
737
2,038
659
2,567
641
2,844
594
4,523
594
4,660
567
3 165
3 766
4 016
4 431
4 254
4 446
4 617
85, 905
77, 015
65,896
50, 150
47, 004
53, 966
60, 405
68,602
74, 118
68 346
429
451
72 769
431
78 285
502
495
505
506
95 972 122 901 151 297 165 276
[Billions of dollars]
19 16
19 17
19418
1949
Line
I
Gross National Product
I
II
III
IV
I
196.5
204.0
214.2
219.2
223.6
I
III
IV
227.6
231.8
242.1
11.1
12.1
12.6
II
II
III
IV
248.0
255.6
262 5
263 9
13.3
13.9
14.4
14.8
I
II
III
IV
258 5
255 2
257 1
255 0
15.2
15.8
16.3
16.8
17.4
9.6
9.7
10.0
10.3
187.0
194.3
204.3
208.9
212.5
215.6
219.2
228.8
234.1
241.2
247 7
248 8
242 7
238 9
240 3
237 6
Less: Indirect business tax and nontax
liability.
Business transfer payments
Statistical discrepancy
16.4
16.9
17.4
17.7
17.9
18.0
18.3
19.3
19.3
20.0
20.4
20.6
20.7
21.2
21.6
21.6
.4
1.3
.5
.3
.5
.4
.5
-1.7
.5
-.6
.6
1.1
.6
1.2
.6
1.8
.7
-1.6
.7
-3.1
7
—1.4
.7
—2.2
.7
-.9
.7
-.2
g
.8
g
1.2
7
Plus: Subsidies less current surplus of
government enterprises.
1.8
1.4
.3
.1
-.0
-.1
-.2
-.3
-.3
-.4
-.0
.2
.0
-.2
-.1
-.1
g
Equals* National income
170.6
178.0
186.2
192.5
194.6
195.8
198.8
206.8
215.6
223. 2
228.0
229.8
222.1
217.0
217.1
214.0
9
Less: Corporate profits and inventory
valuation adjustment.
Contributions for social insurance. _
Wage accruals less disbursements. _
15.3
18.8
20.2
22.9
22.6
25.8
26.1
27.7
31.5
33.4
32.9
34.4
32.8
30.5
31.7
28.4
6.1
.8
6.1
-.9
5.9
0
5.8
0
6.1
0
6.0
.0
5.3
.0
5.3
.0
5.2
.1
5.1
.1
5.3
-.2
5.3
.1
5.8
.1
5.7
-.3
5.7
0
5.7
0
Plus: Government transfer payments to
persons.
Interest paid by government(net)
and by consumers.
11.8
11.0
10.6
9.9
10.0
9.8
13.7
10.8
10.9
10.7
10.4
10.1
10.9
11.5
12.0
12.3
5.0
5.2
5.3
5.4
5.4
5.5
5.6
5.7
5.9
6.0
6.1
6.2
6.3
6.4
6.6
6.8
51
.4
55
.5
57
.5
62
.5
61
.5
64
.6
66
.6
65
.6
71
.7
68
.7
.7
.7
.7
.7
.8
.8
170.8
176.2
182.2
185.8
187.9
186.1
193.8
197.4
203.3
208.8
214.5
214.5
208.6
207.1
206.1
207.1
III
IV
490.5
2
Less : Capital consumption allowances
3
Equals * Net national product
4
5
0
10
11
12
13
Business transfer payments
15
16
Equals : Personal income
19 56
19,57
195<J
19 58
Line
I
1 Gross National Product
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
410.6
416.2
420.6
429.5
436.9
439.9
446.3
441.5
434.7
438.3
451.4
464.4
474.0
486.9
484.0
33.6
33.9
34.1
34.6
35.6
36.6
37.6
38.5
38.7
38.6
39.0
39.4
39.9
41.1
41.7
42.8
376.9
382.3
386.5
394.9
401.3
403.2
408.7
403.0
396 0
399 7
412 4
425 0
434.1
445.8
442.3
447.7
Less: Indirect business tax and nontax
liability.
Business transfer payments
_ _
Statistical discrepancy
33.7
34.2
35.2
36.4
36.8
37.2
37.7
37.4
37.6
38.1
38.5
39.6
40.5
40.7
42.0
42.7
1.3
-.8
1.4
-1.0
1.4
-1.1
1.4
-1.0
1.5
-.3
1.5
-.5
1.5
.7
1.6
.5
1.6
-.3
1.6
1.7
1.6
3.1
1.6
1.9
1.6
.2
1.7
-1.2
1.7
-1.2
1.8
.0
7
Plus: Subsidies less current surplus of
government enterprises.
.3
.6
.9
1.2
1.2
1.0
.7
.6
.7
.9
1.0
1.1
.7
.3
-.1
-.4
g
Equals* National income
343.0
348.3
351.9
359.3
364.5
366.0
369.5
364.0
357.9
359. 3
370.2
383.0
392. 4
404.9
399.7
402.8
9
Less: Corporate profits and inventory
valuation adjustment.
Contributions for social insuranceWage accruals less disbursements.
46.0
46.1
45.5
46.3
47.7
46.6
45.9
42.1
36.4
37.8
42.0
47.6
50.4
55.2
50.6
50.3
12.1
0
12.4
0
12.8
0
13.1
0
14.3
0
14.4
0
14.7
0
14.6
0
14.6
.6
14.6
.6
15.1
-1.3
15.1
0
17.1
0
17.6
0
17.7
0
17.8
0
16.7
16.9
17.4
17.6
18.5
19.8
20.0
21.3
22.7
24.5
24.9
24.5
24.7
24.5
24.7
25.7
10.8
11.1
11.3
11.5
11.7
12.0
12.2
12.2
12.1
12.0
12.1
12.3
12.8
13.2
13.9
14.5
14
15
Plus: Government transfer payments to
persons.
Interest paid by government (net)
and by consumers.
Dividends
Business transfer payments
11.1
1.3
11.1
1.4
11.2
1.4
11.6
1.4
11.7
1.5
11.9
1.5
12.0
1.5
11.8
1.6
11.6
1.6
11.7
1.6
11.6
1.6
11.3
1.6
12.0
1.6
12.4
1.7
12.8
1.7
13.0
1.8
16
Equals : Personal income
324.7
330.3
334.8
342.0
345.8
350.2
354.7
354.3
354.2
356.0
364.5
369.9
376.0
383.8
384.5
389.7
2
Less: Capital consumption allowances...
3
Equals* Net national product
4
5
3
10
11
12
13
SO
Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
1946
1952
1951
1950
1949
1948
1947
1955
1954
1953
1956
1957
212,010 208,509 231,323 257,562 256,484 284,769 328,404 345,498 364,593 364,841 397,960
419,238
23, 192 25, 673 28, 074 31, 474
34, 071
11, 263
12, 270
9,889
18, 342 21, 195
16, 550
14, 547
17,088
532
3,968
478
72
760
897
20,072
18,402
21, 274 23, 334 25, 189
27, 593
441, 134 447,334
37, 089
38, 938
1959
1960
1961
1962
1963
1964
483,650
503,755
520,109
560,344
589,238
628,699
1
41, 378
43, 408
45, 244
49,970
52, 758
55, 709
442,272 460,347
Line
474,865
510,374
536,480
572,990
2
3
29,600 29, 449
32, 067
34, 894
37, 293
38, 455
41, 470
45, 200
47, 699
51, 508
54, 552
200,747 198,620 219,053 243,015 239,934 266,427 307,209 322,306 338,920 336,767 366,486
15, 522
1958
385, 167 404,045 408,396
58, 040
4
751
309
778
1,488
934
3,348
1,046
2,172
1, 201
2,996
1,077
2, 885
1,245
2,093
1,366
-1, 136
1,515
4
1,560
1,552
1,683
-806
1, 878
-1,010
2,006
-738
2,054
503
2,225
-670
2,340
-542
5
6
-106
247
240
-115
-389
-218
-63
756
863
933
100
243
1, 443
1,378
737
1,237
181,485 181,879 199,018 224,178 217,494 241,074 277,978 291,380 304,734 303,138 331,018
19, 158
580
700
887 -2, 043
-166
-108
42, 731
19, 326 25, 571 33,036 30, 797 37, 669
.
7
350,799
366,096
367,762
400,025
414,522
427,341
457,687
481,110
514,389
8
39, 903 39,630 37, 963 46, 871
46, 132
45, 638
41, 117
51, 676
49, 904
50, 297
55, 660
58, 146
64, 544
9
9,805 11, 135
0
0
12, 586
0
14, 503
0
14, 833
0
17, 572
0
20, 672
0
21, 441
0
23, 994
0
26, 807
0
27, 796
0
10
11
5,220
35
5, 737
-46
6,870
24
8,250
8,709
-22
8,843
-76
10, 848 11, 080 10, 538
11, 626
14,294
11, 535
11,992
12, 766
14, 948
16, 065
17, 118
19, 873
24, 104
24,911
26,609
30, 421
31,232
33,004
34, 246
12
9,459
10, 089
11, 161
12,016
12, 132
13, 577
15, 083
15, 014
16, 115
17, 532
19, 112
13
9,282
1,077
10, 478
1,245
11, 280
1,366
11, 742
1,515
11, 566
1,560
12, 580
1,683
13, 437
1,878
13, 770
2,006
15,183
2,054
15, 834
2,225
17, 249
2,340
14
15
171,113 178,730 191,266 210,216 207,154 227,619 255,595 272,455 288, 163 290,136 310,889
333,006
351, 101 361,174
383,528
400,953
416,814
442,617
464,752
494,996
16
6,138
14
5,633
5,683
15
5,981
-30
4, 173
5,228
5,536
6,055
6,533
7,198
7,633
8,067
8,973
4,600
532
5,574
478
6,321
580
7,036
700
7,238
751
8,838
778
8,570
934
8,560
1,046
8,886
1,201
[Billions of dollars]
1952
19 51
19,50
195-1
19 53
195 5
I
II
III
IV
I
II
III
IV
I
II
HI
IV
I
II
III
IV
I
II
III
IV
I
266.0
275.4
293.1
304.5
318.0
325.8
332.8
336.9
339.5
339.1
345. 6
357.7
364.2
367.5
365.8
360.8
360.7
360.4
364.7
373.4
386.2
17.9
18.0
18.5
18.9
19.8
20.8
21.7
22.5
22.8
23.0
23.3
23.7
24.3
25.2
26.1
27.1
27.3
27.8
28.2
28.9
29.9
248.2
257.4
274.6
285.6
298.2
305.0
311.1
314.4
316.7
316.1
322.3
334.0
339.9
342.4
339.6
333.7
333.3
332.6
336.5
344.5
356.2
21.9
22.8
24.8
23.8
25.5
24.5
24.9
25.8
26.6
27.4
27.8
28.6
29.2
29.7
29.8
29.7
29.2
29.4
29.3
29.9
30.8
31.8
32.6
33.1
4
g
3.3
g
1.4
.8
.8
.8
.6
.9
2.3
.9
3.7
1.0
4.7
1.0
2.5
1.0
2.8
1.0
1.0
1.1
1.7
1.1
2.9
1.1
3.3
1.3
3.0
1.2
2.0
1.2
3.7
1.1
3.1
1.0
3.1
1.1
2.4
1.3
1.8
13
.6
5
6
2
1
4
.4
.4
.0
.1
—.1
—.1
—.1
-.2
-.2
-.5
—.2
-.6
—.5
—.2
— 3
11
3.7
_ i
1.2
1.7
2
1.1
2.8
.1
o
_ 2
1
7
222.3
232.7
248.4
260.8
270.0
276.2
280.5
285.3
286.3
286.6
291.7
301.2
306. 0
307.9
306.4
298.5
299.3
299.5
302.9
310.9
320.5
31.7
35.5
40.0
43.4
42.5
42.4
42.8
43.5
41.1
38.7
38.1
42.1
42.9
41.9
40.5
33.2
35.6
36.6
38.2
41.3
46.0
46.9
47.2
48.1
9
6.6
0
6.7
0
6.9
0
7.3
.1
8.2
.2
8.3
-.1
8.2
.8
8.4
-.6
8.7
.1
8.6
.1
8.7
-.3
8.9
0
8.9
0
9.0
-.1
8.8
-.1
8.7
-.1
9.7
0
9.7
0
9.8
0
10.0
0
10.7
.1
10.9
.5
11.4
-.6
11.5
0
10
11
20.6
14.1
11.0
11.3
11.6
11.7
11.7
11.4
11.6
12.4
12.5
12.5
13.3
14.1
14.8
15.2
15.9
15.8
16.0
16.2
16.2
o a
12.5
o n
12.8
Q A.
9. 7
9. 9
10.1
1.2
11.3
6.9
O Q
9
A
II
8.3
.8
8.4
.8
9.2
.8
9.5
.8
8.3
.9
8.5
.9
8.5
1.0
8.6
1.0
8.0
1.0
8.6
1.0
8.5
1.1
8.7
1.1
8.4
1.1
9.2
1.3
9.1
1.2
8.9
1.2
9.4
1.1
8.8
1.1
9.2
1.0
9.4
1.1
9.9
1.1
220.5
220.9
229.7
239.0
247.1
254.3
257.6
262.9
264.7
268.4
275.4
281.0
285.0
289.1
289.4
289.4
288.0
287.2
289.8
295.4
300.2
1960
1962
1961
1963
III
Line
IV
394.4 402.5 408.8
30.9
32.1
32.9
363.4 370.4 375.8
328.7 334.5 340.9
1
2
3
8
12
13
10.8
1.3
14
15
307.6 314.9 320.3
16
10.7
1.3
1964
Line
I
II
503.3
503.6
514.9
43.4
44.1
45.0
I
II
III
IV
503.0
504.7
504.2
43.4
43.4
43.4
III
IV
I
II
III
IV
524.2
537.7
547.8
557.2
564.4
572.0
45.6
46.3
49.2
49.7
50.2
50.8
I
II
III
IV
577.0
583.1
593.1
603.6
51.5
52.5
53.2
54.0
54.6
I
614.0
II
III
IV
624.2
634.8
641. 1
1
55.2
56.1
56.9
2
460.7
459.9
459.5
470.0
478.6
498.6
507.6
525.5
530.6
540.0
549.6
559.4
569.0
578.6
584.3
3
44.1
45.0
45.5
46.1
46.1
47.2
48.1
49.4
50.3
51.0
52.0
52.8
53.7
54.1
54.7
55.6
56.4
57.6
58.8
59.3
4
1.8
-.9
1.9
-2.7
1.9
-1.5
1.9
1.1
2.0
.3
2.0
-.4
2.0
-.6
2.0
-1.8
2.1
-1.0
2.1
.0
2.1
1.1
2.1
1.9
2.1
.2
2.2
-1.6
2.3
-1.0
2.3
-.3
2.3
.0
2.3
-.3
2.3
-.7
2.4
-2.2
5
6
-.3
-.0
.4
.8
1.2
1.4
1.6
1.6
1.6
1.5
1.3
1.1
1.0
.8
.6
.6
.9
1.2
1.3
1.5
7
459.5
461.3
491.4
514.2
521.2
422.6
430.7
443.4
448.8
456.0
460.4
465.6
470.4
476.7
484.6
492.6
526.3
8
53.3
51.6
48.6
46.1
45.0
49.3
51.1
55.4
54.3
54.9
56.1
57.4
56.3
57.6
59.1
59.6
63.6
64.5
65.5
64.9
9
20.4
0
20.7
0
20.8
0
20.8
0
20.9
0
21.3
0
21.6
0
21.9
0
23.6
0
24.0
0
24.1
0
24.3
0
26.2
0
26.6
0
27.0
0
27.4
0
27.3
0
27.6
0
28.0
.1
28.4
-.1
10
11
25.9
26.1
26.9
27.9
29.8
30.3
30.9
30.5
31.1
30.8
31.1
32.0
33.5
32.5
32.7
33.3
34.6
33.9
34.1
34.4
12
15.1
15.1
15.1
15.0
15.0
14.9
15.0
15.2
15.5
15.9
16.4
16.7
17.0
17.2
17.8
18.2
18.7
18.8
19.4
19.5
13
13.3
1.8
13.5
1.9
13.7
1.9
13.6
1.9
13.5
2.0
13.4
2.0
13.6
2.0
14.2
2.0
14.4
2.1
15.0
2.1
15.3
2.1
15.6
2.1
15.6
2.1
15.7
2.2
15.8
2.3
16.1
2.3
16.7
2.3
17.1
2.3
17.4
2.3
17.7
2.4
14
15
403.3
403.3
406.6
419.4
428.0
433.9
440.8
445.0
450.3
456.1
460. 1
467.1
475.6
483.0
490.6
499.1
507.1
16
414.2
396.6
417.1
401.3
415.2
411.7
412.2
412.5
501.6
510.5
519.5
Table 5.—Personal Income and its Disposition: Annually, 1929-64,
[Millions of dollars]
Line
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1 Personal income
85, 905
77, 015
65, 896
50, 150
47,004
53,966
60, 405
68 602
74 118
68 346
72 769
78 285
95 972 122 901 151 297 ice O7ft
2
3
50, 436
21, 505
16, 092
15, 558
8,435
4,938
46, 188
18, 548
13, 850
14, 491
7,995
5,154
39, 130
14, 297
10, 810
12, 523
7,052
5,258
30, 487
9,936
7,678
9,758
5,827
4,966
29, 005
9,815
7,827
8,804
5,244
5,142
33 712
12, 064
9,643
9,918
5,654
6,076
36 695
13,547
10, 829
10, 708
5 939
6,501
41 924
15, 793
12, 410
11, 765
6 500
7,866
46 107
18,358
14, 571
13, 162
7 094
7 493
42 978
15, 276
11 837
12, 631
6 847
8 224
45 941
17, 358
13 585
13 284
7 100
8 199
49 816
19, 712
15 584
14 202
7 479
8 423
62 081
27, 518
21 714
16 320
8 051
10 192
4
5
6
7
8
9
10
11
Wage and salary disbursements
Commodity-producing industries
Manufacturing _
Distributive industries .
Service industries
Government
Other labor income
Proprietors' income ;__ __
Business and professional
Farm
1941
1942
1943
1944
82 098 105 577 lift Q49
39,440 48, 942 50,327
30 922 40 883 42 913
18 010 20 129 22 705
8 962
9 875 10 930
15 986 26 631 32 980
561
551
510
451
409
443
479
572
593
595
627
687
720
860
1 082
1 526
15, 108
8,958
6,150
11,884
7,581
4,303
9,165
5,753
3,412
5,654
3,558
2,096
5,915
3,331
2,584
7,675
4,723
2,952
10, 758
5 488
5,270
10, 955
6 663
4, 292
13, 203
7,202
6,001
11,297
6 926
4 371
11, 845
7 435
4 410
13 045
8 581
4 464
17 507
11 067
6 440
23 831
14 049
9 782
28 632
16 971
11 661
29 821
18 210
11 611
12
Rental income of persons
5,425
4,778
3,761
2,713
1 971
1 694
1 661
1 776
2 081
2 560
2 742
2 885
3 465
4 547
5 097
5 413
13
14
Dividends
Personal interest income...
5,801
7,220
5,468
6,760
4,066
6,701
2,544
6,283
2,038
5,702
2,567
5,838
2,844
5,730
4,523
5,512
4,660
5,622
3,165
5, 471
3 766
5,481
4 016
5 380
4 431
5 456
4 254
5 334
4 446
5 338
4 617
5 605
15
16
Transfer payments.
Old-age and survivors insurance
benefits.
State unemployment insurance benefits.
Veterans' benefits
Other
1,496
1,533
2,714
2,170
2,116
2,194
2,400
3,520
2,418
2 834
2 963
3 114
3 113
3 143
2 964
*165
3 588
*209
80
62
560
936
601
932
1,574
1,140
773
545
438
1,397
1,571
1,756
507
901
20
Less: Personal contributions for social
insurance.
142
147
151
152
152
15Z
21
Less: Personal tax and nontax payments-
22
23
24
Equals: Disposable personal income--
17
18
19
25
26
Less: Personal outlays.
:
Personal consumption expenditures.
Interest paid by consumers. .
Personal transfer payments to
foreigners.
474
1
10
14
35
88
2
393
429
518
344
130
344
593
531
522
524
509
500
1,926
1,889
1,631
1,822
1,900
1,998
2, 037
2,172
2 169
2 212
2 416
162
180
566
554
596
658
801
1,166
1,839
2,236
5,981
17,845
18,935
2,643
2,507
1,858
1,455
1,464
1,595
1,888
2,258
2,921
2,862
2,440
2,604
83, 262
79, 100
77,222
74,508
71,064
69,880
64,038
61,410
60,464
48, 695
49,332
48, 589
45,540
46,452
45, 795
52,371
51,982
51,335
58,517
56,377
55,699
66, 344
62, 733
61, 912
71, 197
67,422
66, 507
65, 484
64,765
63, 920
70, 329
67, 719
66, 834
75, 681
71,837
70, 824
1,535
343
878
306
667
279
526
217
466
191
485
162
516
162
645
176
740
175
692
153
734
151
835
178
948
179
721
123
507
249
470
357
4,162
3,444
2,628
389
2,140
3,611
3, 775
719
2,610
3,844
10,977
27, 575
33, 360
37,259
-637
-912
3,293
92, 679 116 920 133 452 146 341
81, 702 89,345 100 092 109,082
80,575 88, 501 99,336 108, 255
27
Equals: Personal saving
28
Addendum: Disposable personal income 150,564 139,007 133,691 115, 118 112, 167 120,393 131,795 148,421 153,112 143,605 155,940 166,332 190,306 213,358 222,791 231,552
in constant (1958) dollars.
[Billions of dollars]
19'16
I
II
19'.7
III
IV
I
1£*.8
II
III
IV
19<.9
I
II
III
IV
I
214.5
214.5
208.6
139.2
62.5
48.1
38 3
18.3
20.1
136.6
60.2
46.4
37 9
18.3
20.2
III
IV
207.1
206. 1
207.1
134.7
57.7
44.5
38 2
18.5
20.4
133.7
57.0
44.4
37 4
18.5
20.7
133.2
55.9
43.4
37 2
18.9
21.2
II
1 Personal income
170.8
176.2
182.2
185.8
187.9
186.1
193.8
197. 4
203.3
208.8
2
3
4
5
6
7
Wage and salary disbursements
Commodity-producing industries
Manufacturing
Distributive industries
Service industries
_ _.
G o vernmen t
106.8
40.2
31.5
28 2
13.5
24.9
110.5
44.9
35.9
31 0
14.1
20.4
113.5
48.1
38.3
31 9
14.6
18.9
117.2
50.6
40.2
32 7
15.2
18.6
119.6
52.3
41.2
33 8
15.5
17.9
121.3
53.4
42.0
34 3
16.1
17.5
123.3
54.3
42.3
35 8
16.2
16.9
127.7
57.0
44.4
36 9
16.3
17.4
131.1
59.3
46.2
36 6
17.4
17.8
132.9
59.7
46.5
37 1
17.8
18.2
g
Other labor income
1.8
1.8
1.9
2.0
2.1
2.3
2.4
2.5
2.6
2.7
2.7
2.8
2.8
3.0
3.1
3.2
34.0
21 0
13.0
35.8
22 1
13.7
38.4
22 1
16.2
37.9
21 2
16.7
37.3
20 5
16.8
33.6
20.1
13.5
34.8
19 9
14.9
36.2
20 5
15.6
37.5
21.8
15.7
41.4
22 6
18.8
41.7
23 2
18.5
40.3
23 2
17.1
36.1
22.7
13.4
35. 4
22.7
12.7
34.6
22.5
12.1
35.0
22.6
12.4
8.0
8.2
8.3
8.3
8.5
8.7
9
10
11
Proprietors' income- .
Business and professional
Farm
138.0
62.3
48.0
38 2
is! 2
19 3
12
Rental income of persons
6.3
6.5
6.6
7.1
7.0
6.8
7.1
7.6
7.7
7.9
13
14
Dividends
Personal interest income
51
6.5
55
6.7
57
6.9
62
7.0
6 1
7.4
6 4
7.5
6 6
7.5
6 5
7.5
71
7.8
6 8
7.8
7.9
8.0
8.2
8.4
8.6
8.7
15
16
Transfer payments. . _ _ _ _ _ _ _ _ _
Old-age and survivors insurance
benefits.
State unemployment
insurance
benefits.
Veterans' benefits
Other.
12.3
.3
11.4
.4
11.1
.4
10.4
.4
10.5
.4
10.4
.5
14.3
.5
11.4
.5
11.6
.5
11.4
.5
11.2
.6
10.9
.6
11.7
.6
12.3
.7
12.8
.7
13.0
.7
Less: Personal contributions for social
insurance.
17
18
19
20
_ _ __
1.4
1.1
.9
.9
.7
.8
.8
.7
.7
.8
.8
.9
1.2
1.6
2.0
2.3
77
2.9
68
3.2
66
3.1
50 80
5.8
3.5
5.5
3.6
92
3.7
6 4
3.8
6.5
3.9
6.1
4.0
56
4.2
50
4.4
5.3
4.5
5.3
4. V
5.0
5.1
4.9
5.2
2.1
2.1
2.0
1.9
2.2
2.2
2.1
2.1
2.1
2.1
2.2
2.3
2.3
2.2
2.2
2.2
21
Less: Personal tax and nontax pryments.
17.5
18.8
19.3
19.2
20.8
21. C
21.4
22.5
23.0
20.9
20.1
20.3
19.6
18.8
18.2
17.7
22
23
24
25
26
Equals: Disposable personal income
Less: Personal outlays
Personal consumption expenditures
Interest paid by consumers
Personal transfer payments to
foreigners.
153.3
135.4
134.3
.6
.5
157.4
140.7
139.3
.7
.7
162.9
149.4
147. 9
.8
166.5
153.7
152.1
.9
.7
167.1
156.7
155.0
1.0
.7
165.1
160.6
158.9
1.1
.6
172.4
164.3
162.5
1.1
.7
174.9
168.3
166.5
1.2
•6
180.3
171.3
169.1
1.4
.8
187.8
175.0
172. 8
1.5
.7
194.4
177.9
175. 7
1.6
.6
194.2
178.8
176.6
1.6
.6
189.0
177.6
175.4
1.7
.6
188.3
179. 2
176. 8
1.8
.5
187.9
178.6
176. 2
1.9
.5
189.4
181.3
178.8
2.1
.5
27
Equals: Personal saving
28
Addendum: Disposable personal income
inconstant (1958) dollars.
32
.7
17.9
16.7
13.4
12.8
10.4
4.5
8.1
6.6
9.1
12.8
16.4
15.4
11.4
9.1
9.3
8.1
233.4
235.6
223.7
217.1
219.3
215.0
221.2
217.8
222.4
229.1
233.3
234.0
229.7
230.2
231.1
232.7
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
1950
1949
1948
1947
1946
1951
1952
1954
1953
1956
1955
171, 113 178,730 191,266 210,216 207, 154 227,619 255,595 272,455 288,163 290, 136 310,889
117,479
45, 781
38, 229
24, 773
12, 012
34, 913
112,020
45,965
36, 476
30, 993
14, 360
20, 702
1,799
1,891
31,422
19, 199
12,223
122 978 135,341 134,551
54, 261 60, 975 57, 697
42,500 47, 185 44, 680
35, 233 37,568 37, 687
16, 058 17, 936 18, 552
17, 426 18, 862 20, 615
2,334
2,713
36, 524 35,488
21, 596 20,286
14, 928 15, 202
40,218
22, 713
17, 505
35,285
22, 626
12, 659
196,474
85, 388
67, 567
50, 151
26, 350
34, 585
1960
1961
333, 006 351, 101 361, 174 383, 528 400, 953 416,814
1962
442,617
1963
1964
Line
1
2
3
185,098
81, 835
64, 192
46, 895
23, 272
33, 096
3,823
4,786
5,316
5,994
37,475 41, 963 42,111
23,977 26, 125 27,125
13, 498 15, 838 14, 986
40,512
27, 464
13,048
39,988 41,701
27, 558 30, 283
12, 430 11, 418
6,300
1959
464,752 494,996
171,019
76, 102
59, 369
44,294
21, 682
28, 941
3,021
1958
211,266 227,842 238,695 239,926 258, 187 270,844 278,080 296,091 311, 191 333,539
92, 789 100, 218 103, 828 99, 666 109, 082 112, 464 112, 832 120, 756 125, 720 133, 929
73, 879 79, 458 82, 482
78, 682 86, 895 89, 712 89, 823 96, 662 100, 606 107, 166
53, 418
57, 737 60, 526
60, 819 64, 770 68, 138 69, 073
72, 538 75, 989 81, 142
28, 867 31, 595 33, 891 35, 897 38, 686 41, 506
43, 964 46, 838 49, 881
54, 121
36, 192 38, 292 40, 450 43, 544 45, 649 48, 736
52, 211
55,959 59,601 64, 347
146,748
64, 626
50, 331
39, 853
19, 887
22, 382
198,335
89, 380
71, 241
49, 766
25, 061
34, 128
1957
8,450
7,314
4
5
6
7
9,490
9,918
11,256
12,002
12,746
13,884
14,825
16,453
8
42,735
31,340
11, 395
44,063
32, 780
11,283
46,607
33, 173
13, 434
46,550
35, 129
11, 421
46,209
34, 244
11, 965
48,434
35, 586
12, 848
50,111
37, 093
13, 018
50,797
37, 758
13, 039
51, 137
39, 110
12, 027
9
10
11
5,634
6,631
7, 122
7,964
8,438
9,361
12,677
13,598
13,898
14, 313
14,811
15,418
15,596
15,822
15,964
16,691
17,551
18,210
12
4,600
6,347
5,574
6,775
6,321
7,481
7,036
7,884
7,238
8,478
8,838
9,196
8,570
9,909
8,560
10,625
8,886
11,777
9,282
13,092
10,478
14,158
11,280
15,722
11,742
17,604
11,566
18,936
12,580
20,687
13,437
23,444
13,770
25,022
15, 183
27,708
15,834
31, 117
17,249
34,265
13
14
6,165
273
11,326
378
11,660
463
11,238
552
12,377
664
15,072
954
12,469
1,872
13,038
2,177
13,967
2,979
16,025
3,633
17,310
4,915
18,484
5,652
21,388
7,321
25,664
8,478
26,594
10,175
28,487
11, 130
32,427
12, 614
33,286
14, 298
35,229
15,245
36,586
16, 018
15
16
10, 321 11,500
446
1,095
775
790
1,730
1,367
837
992
954
2,015
1,369
1,400
1,755
3,864
2,465
2,782
4,040
2,921
2,823
2,565
17
2,776
2,670
6,737
3,116
6,745
3,677
5,778
4,118
5,115
4,868
4,895
7,856
3,909
5,851
3,873
5,996
3,714
6,320
3,864
6, 513
4,267
6,759
4,256
7,176
4,395
7,917
4,587
8,735
4, 559
9,395
4,592
9,983
4,826
10, 947
4,827
11, 240
5, 036
12,125
5, 273
12, 730
18
19
2,333
2,011
2,118
2,178
2,234
2,894
3,442
3,793
3,985
4,623
5,236
5,820
6,692
6,861
7,922
9,292
9,629
10,337
11,792
12,443
20
20,867
18,709
21,433
21,078
18,569
20,679
29,012
34, 143 35,599
32,691
35,541
39,827
42,577
42,348
46,213
50,909
52,390
57,350
60,920
59,211
150,246 160,021 169,833 189, 138 188,585 206,940 226,583 238,312 252,564 257,445 275,348
120,664 144,812 162,487 175,763 179, 184 193,852 209,308 220,137 234,235 241,029 259,517
119, 701 143, 400 160, 704 173, 555 176,803 191, 009 206, 266 216, 679 229, 969 236, 494 254,381
293, 179 308,524
272,586 287,758
266, 675 281,432
318,826 337,315 350,044 364,424 385,267
296,528 318,235 333,002 343,246 363,658
290,069 311, 207 325, 241 335, 152 355,057
403,832 435,785
383,382 409,453
373,812 398, 907
21
22
23
24
3,790
476
4,049
486
4,692
444
5,381
530
5,783
543
5,919
540
6,453
575
7,303
458
7,624
470
8,108
493
8,9S5
575
9,986
560
25
26
18, 175 18,329
16,416
15,831
20,593
20,766
22,298
19,086
17,042
21, 178
21,609
20,450
26,332
27
229,734 226,980 218,014 229,815 230,826 249,626 255,737 263,328 275,424 278,319 296,711
309,261
315,787
318,826
332,986
367,621
380,615
406,516
28
490
473
762
650
1,114
669
1, 525
683
1,860
521
29,582
15,209
7,346
13,375
9,401
2,399
444
2,656
386
13, 088 17,275
3,041
417
340, 179 350,745
IBillions of dollars]
1950
1952
1951
1953
1954
1955
Line
I
II
III
IV
I
220.5
220.9
229.7
239.0
247.1
136.6
58.2
45.4
38.0
19.3
21.2
142.4
62.4
48.4
39.0
19.6
21.4
150.3
66.9
52.0
40.8
20.0
22.5
157.6
71.0
55.5
41.6
20.6
24.4
164.8
73.8
57.7
43.3
21.1
26.5
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
254.3 257.6
262.9
264.7
268.4
275.4
281.0
285.0
289.1
289.4
289,4
288.0
287.2
289.8
295.4
300.2
307.6 314.9 320.3
1
170.4
76.4
59.8
44.3
21.4
28.2
176.3
77 A
60.2
45.1
22.3
31.5
180.5
79.7
62.0
45.9
22.8
32.2
181.7
79.5
62.2
46.2
23.1
33.0
185.5
81.2
63.5
47.3
23.4
33.5
192.7
87.0
69.0
48.2
23.8
33.7
196.3
89.3
71.1
48.7
24.3
33.9
199.4
90.4
72.4
49.8
25.0
34.2
199.6
89.9
71.7
50.2
25.3
34.2
198.0
87.8
69.7
50.4
25.6
34.1
195.6
85.9
67.9
50.1
25.6
34.1
195.2
85.0
67.1
49.9
25.9
34.4
195.6
84.1
66.5
50.1
26.5
34.8
199.6
86.6
68.7
50.6
27.3
35.0
203.2
89.0
70.7
51.4
27.7
35.1
209.0 214.3 218.4
92.1 93.8 96.2
73.1 74.6 77.0
52.6 54.2 55.4
28.4 29.3 30.0
35.8 37.0 36.8
2
3
4
5
6
7
II
III
172.5
76.7
59.8
44.4
21.8
29.5
I
II
III
IV
3.4
3.7
4.0
4.2
4.5
4.7
4.9
5.1
5.1
5.2
5.4
5.5
5.8
5.9
6.1
6.2
6.2
6.2
6.3
6.5
6.9
7.2
7.5
7.7
35.6
22.8
12.8
3Q.1
23.4
12.7
38.6
25.0
13.7
39.5
24.7
14.8
41.3
25.9
15.4
41.7
25.9
15.8
42.0
26.2
15.8
42.8
26.5
16.3
41.2
26.6
14.6
42.2
27.0
15.2
43.9
27.2
16.7
41.2
27.7
13.5
41.3
27.8
13.5
40.6
27.6
13.0
39.9
27.3
12.6
40.2
27.1
13.1
40.3
26.9
13.4
39.3
27.4
11.9
40.1
27.6
12.6.
40.2
28.4
11.8
40.9
29.2
11.7
41.6
29.9
IT. 7
42.0
30.7
11.3
42.3
31.2
11.0
9
10
11
9.1
9.2
9.5
9.7
9.9
10.1
10.5
10.9
10.9
11.3
11.7
12.1
12.2
12.5
12.8
13.2
13.2
13.5
13.8
13.9
13.8
13.8
13.9
14.1
12
8.3
8.9
8.4
9.1
9.2
9.3
9.5
9.5
8.3
9.7
8.5
9.8
8.5
10.0
8.6
10.1
8.0
10.3
8.6
10.4
8.5
10.7
8.7
11.0
8.4
11.3
9.2
11.6
9.1
11.8
8.9
12.4
9.4
12.6
8.8
12.9
9.2
13.3
9.4
13.5
9.9
13.7
10.1
13.9
10.7
14.4
10.8
14.7
13
14
21.3
.7
14.9
.8
11.8
.8
12.1
1.5
12.1
1.7
12.5
1.9
12.7
1.9
12.7
1.9
12.4
2.0
12.6
2.0
13.5
2.1
13.6
2.6
13.7
2.7
13.8
3.0
14.0
3.1
14.5
3.1
15.2
3.3
15.9
3.5
16.2
3.6
17.0
4.1
16.9
4.4
17.2
4.8
17.4
5.2
17.6
5.2
15
16
1.8
1.5
1.1
.9
.8
.7
.9
1.0
1.0
1.0
LI
.8
.9
.8
.9
1.3
1.7
2.2
2.2
2.1
1.6
1.3
1.2
1.2
17
5.1
13.7
5.5
7.2
4.7
5.3
4.4
5.2
4.3
5.3
4.0
5.9
3.7
6.1
3.6
6.1
3.5
5.9
3.5
6.1
4.3
5.9
4.1
6.1
3.9
6.2
3.7
6.4
3.8
6.2
3.6
6.5
3.7
6.5
3.8
6.5
3.9
6.5
4.1
6.6
4.2
6.7
4.3
6.7
4.4
6.7
4.3
6.9
18
19
2.8
2.8
2.9
3.1
3.5
3.4
3.4
3.5
3.8
3.7
3.8
3.8
3.9
4.0
4.0
4.0
4.6
4.6
4.6
4.7
5.1
5.2
5.3
5.4
20
18.4
19.4
20.7
24.3
26.3
28.2
29.7
31.7
33.0
33.9
34.5
35.2
35.8
35.7
35.5
35.4
32.7
32.5
32.5
33.0
34.1
35.0
36.0
202.2 201.5
184.4 188. 6
181.7 i 185. 8
2.2
2.3
.5
.5
209.0
202.4
199.4
2.5
.4
214.7
200.1
197.0
2.6
.4
220.8
210.5
207.5
2.7
.4
226.0
206.0
202.9
2.6
.4
227.9 231.2
208.4 212.3
205.4 209.2
2.7
2.6
.4
.4_
231.7
213.6
210.4
' 2.8
.4
234.4
217.9
214.6
2.9
.4
240.9 245.8
220.3 223.8
216.7 225.0
3.1
3.3
.4
.4
249.2
232.4
228.4
3.5
.5
253.4
234.4
230.1
3.8
.5
253.8
235.4
231.0
3.9
.5
254.0
234.8
230.3
4.0
.5
255.3 254.7 257.3 262.4
236.7 239.1 242.0 246.3
232.3 234.6 237.3 241.8
4.0
4.0
4.0
4.1
.4
.4
.7
.4
266.2
252.4
247.7
4.3
.4
17.8
12.9
6.7
14.7
10.3
20.1
19.4
18.9
18.1
16.5
20.6
17.0
16.8
19.0
18.5
19.2
18.6
15.7
15.3
16.0
13.7
248.7
246.7
250.3
252.9
251.2
256.3
257.5
257.7
257.4
260.2
265.9
269.5
273.0
276.9
275.9
275.5
275.7
275.1
278.5
284.3
287.4
37.1
21
272.6 278.9 283.2
257.7 262.1 265.9
252.7 256.8 260.4
4.8 5.0
4.6
.4
.4
.5
22
23
24
25
26
17.3
27
294.4 300.2 304.5
28
14.9
16.8
33
Table 5.—Personal Income and Its Disposition: Annually, 1929-64,
[Billions of dollars]
19,56
19,57
19 58
19,59
Line
1 Personal income
2
Wage and salary disbursements
Commodity-producing industries
3
4
Manufacturing
- - -5
Distributive industries
6
Service industries
7
Government
--
g
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
324.7
330.3
334.8
342.0
345.8
350.2
354.7
354.3
354.2
356.0
364.5
369 9
376 0
383 8
384 5
389 7
222.2
97.4
77.5
56.7
30.6
37.4
226.3
9ft 4
78.6
57.5
31.3
38.0
228.7
100.3
79.3
57.9
31.9
38.7
234.1
103.7
82.5
58.8
32.5
39.1
236.9
104.5
83.2
59.6
33.2
39.7
238.4
104.2
82.8
60.3
33.7
40.2
240.6
104.3
82.9
61.1
34.2
40^9
238.8
102. 3
81.1
61.0
34.4
41.0
235.4
98.6
77.8
60.3
35.0
41.5
234 9
96.8
76.3
59 9
35.6
42.5
242 4
99.9
79.0
60 9
36.1
45.5
247 0
103.3
81 6
62 2
36 8
44 7
252 7
107.0
85 0
63 4
37 4
45 0
259 2
110. &
88 3
64 7
38 3
45 5
259 1
109.0
87 0
65 2
39 0
45 9
261 8
109.7
87 3
65 8
40 1
46 3
8.0
8.3
8.6
8.9
9.1
9.4
9.6
9.9
9.7
9.7
9.9
10 3
10 7
11 1
11 5
11 7
42.1
30.9
11.1
42.3
31.2
11.0
43.1
31.3
11.8
43.5
31.9
11.7
43.4
32.6
10.9
43.8
32.8
11.0
44.7
33.1
11.7
44.3
32.7
11.6
46.4
32.4
13.9
46.3
32 8
13.5
46.7
33 3
13 3
47.1
34 1
13 0
46.9
34 5
12 4
47 1
35 4
11 7
46 1
35 4
10 7
46 1
35 2
10 9
Rental income of persons
14.1
14.3
14.4
14.5
14.5
14.7
15.0
15.0
15.3
15.4
15 4
15 6
15 3
15 5
15 7
15 8
Dividends
Personal interest income
11.1
15.0
11.1
15.6
11.2
15.9
11.6
16.4
11.7
16.8
11.9
17.4
12.0
17.9
11.8
18.3
11.6
18.4
11.7
18.6
11.6
19.1
11.3
19.6
12.0
19.9
12 4
20 2
12 8
20 9
13 0
21 8
Transfer payments
Old-age and survivors insurance
benefits.
State unemployment insurance benefits.
18.0
5.3
18.3
5.5
18.8
5.8
19.0
5.9
20.0
6.4
21.3
7.5
21.6
7.5
22.9
7.8
24.2
8.0
26.1
8.4
26.5
8.6
26 0
8.8
26 3
9.6
26 1
10.1
26 4
10.4
27 5
10.6
1.3
1.4
1.5
1.5
1.6
1.6
1.7
2.3
3.1
4.2
4.5
3.7
2.9
2.2
2.1
2.7
43
7.0
43
7.1
42
7.2
42
7.4
4 3
7.7
44
7.8
44
8.0
8.2
8.5
8.8
8.7
8.9
9.2
9.3
d. f\
9.5
4 C
96
5.7
5.8
5.8
6.0
6.7
6.7
6.8
6.7
6.7
6.7
7.0
7.0
7.8
7.9
8.0
8.0
Other labor income
g
10
11
Proprietors' income
Business and professional
Farm
12
13
14
15
16
17
is
19
I
Other
20
Less: Personal contributions for social
insurance.
21
Less: Personal tax and nontax payments-
38.4
39.6
40.2
41.2
42.0
42.7
43.0
42.5
42.0
41.5
42.7
43.2
44.7
45.9
46.5
47.7
22
23
24
Equals: Disposable personal income
Less: Personal outlays
Personal consumption expenditures.
Interest paid by consumers _
Personal transfer payments to
foreigners.
286.4
267.7
262.0
290.7
270.3
264.4
294.6
273.5
267.5
300.8
278.9
272.8
303.8
283. 4
277.2
307.4
285.6
279.3
311. 6
290.2
283.8
311.7
291.9
285.4
312.2
291. 0
284.5
314.5
293. 8
287.4
321.8
298.6
292.2
326.7
302.6
296.2
331 2
310.6
304.0
337 9
316.6
309.8
337 9
322.0
314.8
342 1
323 7
316.3
5.2
.5
5.4
.5
5.4
.6
5.5
.5
5.6
.6
5.7
.5
5.8
.5
5.9
.5
6.0
.5
5.9
.5
5.9
.5
5.9
.6
6.1
.6
6.3
.6
6.6
.6
6.8
.6
25
26
27
Equals: Personal saving
28
Addendum: Disposable personal income
in constant (1958) dollars.
..-.
18.7
20.4
21.2
22.0
305.9
308.3
309.2
314.0
20.4
314.2
21.8
21.5
19.9
21.2
20.7
23.2
24.1
20.6
21.2
15.9
18.4
315.9
317.7
316.5
313.5
314.5
321.5
325.7
329.3
334.9
332.6
335.4
Table 6.—Foreign Transactions in the National Income and Product Accounts:
[Millions of dollars]
Line
1 Receipts from foreigFers
2
Exports of goods and services
3 Payments to foreigners
4
Imports of goods and services
5
Transfers to foreigners. _
6
Personal
7
Government
g
Net foreign inv^stTifmt
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
7,034
7,034
5,448
5,448
3,641
3,641
2,474
2,474
2,402
2,402
2,975
2,975
3,265
3,265
3,539
3,539
4,553
4,553
4,336
4,336
4,432
4,432
5,355
5,355
5,925
5,925
4,791
4,791
4,416
4,416
5,298
5,298
7 034
5, 886
377
343
34
771
5,448
4,416
342
306
36
690
3,641
3,125
319
279
40
197
2,474
2,067
238
217
21
169
2,402
2,044
208
191
17
150
2,975
2,374
172
162
10
429
3,265
3,137
182
162
20
-54
3,539
3,424
208
176
32
-93
4,553
4,256
235
175
60
62
4,336
3,045
182
153
29
1,109
4, 432
3,366
178
151
27
888
5,355
3,636
210
178
32
1,509
5,925
4,636
165
179
—14
1,124
4,791 4,416
5,298
4, 785
6,465
7,128
213
196
269
123
249
357
—53
90
—88
—207 -2, 245 —2,099
[Billions of dollars]
19 47
1946
Line
I
II
1 Receipts from foreigners
2
Exports of goods and services
13.6
13 6
14.8
14 8
3 Payments to foreigners
4
Imports of goods and services
5
Transfers to foreigners _ _
Personal
6
7
Government
8
Net foreign investment
_
13.6
6.8
14.8
7.2
3.1
7
2.4
4.5
_
Q O
.5
2.7
3.5
1948
1949
IV
I
II
III
IV
I
II
III
IV
I
II
III
16.1
16.1
14.4
14.4
19.3
19.3
20.5
20.5
20.4
20.4
18.7
18.7
18.1
18.1
16.5
16.5
16.7
16.7
15.9
15.9
17.4
17.4
17.0
17.0
15.5
15.5
13.3
13.3
16.1
7.3
2.6
.7
2.0
6.1
14.4
7.6
2.6
.7
1.9
4.2
19.3
7.8
2.4
.7
1.7
9.1
20.5
8.5
2.5
.6
1.9
9.5
20.4
7.9
2.8
.7
2.1
9.7
18.7
8.7
2.7
6
2.1
7.4
18.1
9.9
3.8
.8
3.0
4.4
16.5
10.3
3.7
7
3.0
2.5
16.7
10.8
5.5
6
4.8
.4
15.9
10.4
5.2
6
4.5
.3
17.4
10.0
5.7
6
5.1
1.7
17.0
9.7
5.9
5
5.4
1.3
15.5
9.3
5.8
.5
5.3
.4
13.3
9.4
5.2
5
4.7
-1.3
III
IV
[Billions of dollars]
1956
Line
1 Receipts from foreigners
2
Exports of goods and services
3 Payments to foreigners
imports of goods and services _
Transfers to foreigners
Personal
Gorernment
Net foreign investment
4
5
6
7
8
34
__ _
1957
1958
1959
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
21.9
21.9
23.3
23 3
24.2
24.2
25.0
25.0
27.5
27.5
27.1
27.1
26.2
26.2
25.2
25.2
22.9
22.9
23 0
23.0
23 0
23.0
23
3
nn 9
22 A
22.4
22 7
22.7
24.4
24.4
24 4
24.4
21.9
19.6
2.3
.5
1.7
0
23.3
19.4
2.4
.5
1.9
1.4
24.2
20.0
2.4
.6
1.9
1.7
25.0
19.4
2.5
.5
1.9
3.1
27.5
20.9
2.3
.6
1.7
4.3
27.1
20.8
2.5
.5
2.0
3.8
26.2
20.7
2.2
.5
1.7
33
25.2
20.6
2.2
.5
1.7
2 3
22.9
20.3
2.2
.5
1.7
4
23 0
20.6
2.3
5
1.8
1
23 0
20.7
2.4
5
1.9
0
23 3
21.9
2.4
6
1.8
—10
22 4
22.2
2.5
6
1.9
—2 3
22 7
23 4
2.3
6
1.7
—3 0
24 4
24.0
2.4
6
1.8
—2 0
24 4
23.7
2.6
6
2.0
—1 9
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64—Continued
[Billions of dollars]
IS 62
1961
19 60
1963
19 54
Line
I
II
III
IV
I
II
396.6
401.3
403.3
403.3
406.6
268.8
113.9
91.3
67.2
40.5
47.3
271.6
114, 0
91.0
68.3
41.2
48.2
272.4
112.3
89.5
68.6
42.0
49.4
270.5
109.7
87.1
68.4
42.3
50.1
270.9
109.0
86.5
68.0
43.1
50.8
I
II
III
428.0
433.9
440.8
445.0
450.3
286.3
117.0
93.5
70.3
44.9
54.0
290.3
118.3
94.7
71.2
45.7
55.1
295.6
120.9
96.8
72.3
46.8
55.6
297.9
121.7
97.3
73.0
47.1
56.0
300.6
122.1
97.8
73.6
47.7
57.1
III
IV
412.5
419.4
275.2
111.6
88.9
68.4
43.6
51.5
279.9
113.6
90.4
69.6
44.2
52.6
IV
I
II
III
456.1
460.1
467.1
475.6
304.5
123.0
98.6
74.5
48.8
58.2
308.4
124.7
99.7
75.3
49.4
59.0
312.9
126.6
101.0
76.4
50.2
59.7
318.8
128.6
103.0
77.7
51.1
61.5
I
IV
II
III
IV
483.0
490.6
499.1
507.1
1
324.2
130.2
104. 1
79.0
52.4
62.6
330.4
132. 9
106.2
80.4
53.5
63.5
336.7
135.2
108.4
81.9
54.6
65.0
342.7
137.4
110.0
83.2
55.9
66.2
2
3
4
5
6
7
11.8
11.9
12.1
12.2
12.4
12.6
12.8
13.1
13.4
13.7
14.0
14.3
14.4
14.6
14.9
15.4
15.8
16.3
16.7
17.1
8
45.4
34.7
10.7
46.6
34.5
12.1
46.3
33.9
12.4
46.5
33.8
12.7
47.4
34.6
12.8
48.1
35.4
12.7
48.6
35.9
12.7
49.6
36.4
13.2
50.3
36.7
13.5
50.4
37.1
13.3
49.9
37.2
12.7
49.8
37.3
12.6
50.7
37.5
13.2
50.5
37.6
12.9
50.9
37.9
13.0
51.0
38.0
13.0
50.4
38.5
11.9
51.0
39.0
12.0
51.4
39.4
12.0
51.8
39.6
12.2
9
10
11
15.8
15.8
15.9
15.9
15.9
15.9
16.0
16.1
16.3
16.5
16.8
17.2
17.1
17.4
17.7
18.0
17.9
18.1
18.3
18.5
12
13.3
23.0
13.5
23.2
13.7
23.6
13.6
24.1
13.5
24.2
13.4
24.6
13.6
25.3
14.2
26.0
14.4
26.3
15.0
27.1
15.3
28.2
15.6
29.2
15.6
29.7
15.7
30.4
15.8
31.7
16.1
32.7
16.7
33.2
17.1
33.8
17.4
34.8
17.7
35.3
13
14
27.7
10.8
27.9
11.0
28.8
11.2
29.9
11.5
31.7
11.9
32.3
12.3
32.9
12.7
32.6
13.5
33.1
13.8
32.9
14.1
33.2
14.4
34.1
14.9
35.6
15.0
34.7
15.1
35.0
15.4
35.6
15.5
36.9
15.8
36.2
15.9
36.4
16.1
36.7
16.3
15
16
2.4
2.5
3.0
3.6
3.8
4.6
4.0
3.5
3.3
2.8
2.8
2.9
3.0
2.8
2.7
2.7
2.7
2.6
2.5
2.4
17
4.6
9.8
4.5
9.9
4.6
10.0
4.6
10.2
4.7
11.3
4.9
10.4
4.8
11.3
4.8
10.8
4.8
11.2
4.8
11.1
4.8
11.2
5.0
11.4
4.9
12.7
5.0
11.8.
5.0
11.8
5.1
12.2
5.2
13.1
5.3
12.5
5.3
12.5
5.3
12.7
18
19
9.2
9.3
9.4
9.3
9.4
9.6
9.7
9.8
10.2
10.3
10.4
10.5
11.6
11.7
11.9
12.0
12.2
12.3
12.5
12.7
20
50.0
50.8
51.2
51.6
51.8
52. 0
52.5
53.3
55.0
56.8
58.1
59.5
60.4
60.6
61.0
61.6
60.4
56.9
58.8
60.7
21
374.7
351.3
343.1
378.9
356.6
348.3
384.0
360.2
351.7
386.9
365.9
357.2
390.8
371.9
363.0
395.7
377.1
368.0
399.4
380.5
371.1
406.1
386.3
376.6
414.0
389.5
379.5
422.6
399.3
389.1
433.6
406.3
396.0
440.3
415.3
404.6
446.4
416.9
405.9
22
23
24
Q A
o 9
A
o a
.5
.5
.5
.5
.5
.6
.6
.6
9.8
.5
10.2
.5
10.4
.6
25
26
346.6
328.5
321.1
350.4
334.0
326.3
352.1
333.8
325.9
351.7
335.7
327.7
354.8
336.4
328.4
360.6
340.4
332.3
366.9
344.8
336.7
.4
.5
.5
.5
.5
.5
.5
8
0
8
n
9
.6
.6
18.1
16.5
18.3
16.0
18.4
20.2
22.1
23.3
22.3
23.9
20.9
18.9
18.5
18.9
19.8
24.4
23.3
27.3
25.0
29.5
27
338.8
341.2
341.8
339.5
341.8
347.7
353.1
359.9
362.9
366.8
368.5
371.1
374.3
376.8
382.7
388.7
395.7
404.9
410.7
414.5
28
Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
7,240
7,240
7,240
7,853
825
473
352
-1,438
1946
19,737
8,208
2,612
669
1,943
8,917
1954
1957
1958
1959
1960
1961
1962
1963
1964
17,992 16,947 17,759 19,804
17, 992 16, 947 17, 759 19,804
23,595
23,595
26,481
26,481
23,067
23,067
23,476
23, 476
27,244
27, 244
28,557
28, 557
30,278
30, 278
32,353
32, 353
37,017
37,017
1
16,789 15,770 13,807 18,744 17,992 16,947 17,759 19,804
10, 349 9,621 12, 028 15, 073 15, 766 16, 561 15, 931 17,795
2,454 2,262 2,486
5,627 4,007 3,492 2,505
4,511
444
386
486
521
444
417
476
683
2,088
1,776 2,042
1,978
3,828 5,106 3,563 3,106
-434
522 -2,228
-279 -2,068
-477
179
1,929
23,595
19, 628
2,398
530
1,868
1,569
26,481
20, 752
2,318
543
1,775
3,411
23,067 23,476
20, 861 23, 342
2,338
2,424
540
575
1,798
1,849
-132 -2,290
27,244
23, 177
2,336
458
1,878
1,731
28,557
22, 924
2,559
470
2,089
3,074
30,278
25, 129
2,657
493
2,164
2,492
32,353
26, 436
2,754
575
2,179
3,163
37,017
28,457
2,723
560
2,163
5,837
3
4
5
6
7
8
1950
1949
14,735 19,737 16,789 15,770
14, 735 19, 737 16, 789 15, 770
14,735
7,241
2,899
650
2,249
4,595
1952
1956
1948
1947
1951
13,807 18,744
13, 807 18, 744
1953
1955
Line
2
[Billions of dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
15.1
15.1
16.4
16.4
18.8
18.8
19.7
19.7
20.0
20.0
20.2
20.2
18.2
18.2
16.8
16.8
16.8
16.8
16.7
16.7
16.9
16.9
17.2
17.2
16.9
16.9
15.1
14.1
16.4
15.4
18.8
15.7
19.7
14.8
20.0
14.4
20.2
15.4
18.2
15.1
16.8
15.7
16.8
16.8
16.7
16.2
16.9
16.8
17.2
16.9
3.6
.4
3.2
1.9
2.2
.4
1.8
2.7
2.8
.4
2.4
.2
3.0
.4
2.5
2.1
.4
1.6
2.5
.5
2.1
2.6
.5
2.1
2.4
.5
1.9
-2.1
-2.0
-2.5
I
II
III
IV
13.0
13.0
13.2
13.2
13.9
13.9
13.0
13.2
10.6
13.9
13.5
9.9
4.4
.5
3,9
-1.3
4.2
.5
3.7
-1.6
3.5
.4
3.1
-3.1
3.4
.4
3.0
3.9
.4
3.5
-3.0
-2.3
3.5
.4
3.1
-.4
3.5
.4
3.1
1.5
-1.9
II
III
IV
I
16.3
16.3
18.3
18.3
17.6
17.6
18.7
18.7
16.9
16.3
16.3
15.3
18.3
16.6
17.6
15.8
2.4
.5
1.9
2.1
.4
1.7
1.9
.4
1.4
-.1
2.6
.7
1.9
-.8
-2.1 -1.7
-1.0
IV
II
III
19.5
19.5
19.0
19.0
20.1
20.1
20.5
20.5
1
2
18.7
16.1
19.5
16.7
19.0
17.4
20.1
18.1
20.5
18.9
2.5
.4
2.0
.2
2.9
.4
2.5
-.1
2.4
.4
2.0
-.8
2.3
.5
1.9
-.3
2.3
.4
1.9
-.7
3
4
5
6
7
8
[Billions of dollars]
1960
1962
1961
1964
1963
Line
I
II
26.1
26.1
27.4
27.4
27.5
27.5
26.1
23.7
2.1
.4
1.7
.2
27.4
23.8
2.3
.5
1.8
1.2
27.5
23.3
2.5
.5
2.0
1.8
III
I
II
28.0
28.0
28.5
28.5
27.8
27.8
28.6
28.6
28.0
21.9
2.4
.5
1.9
3.7
28.5
22.0
2.6
.5
2.1
4.0
27.8
22.1
2.6
.5
2.1
3.0
28.6
23.6
2.5
.5
2.0
2.4
IV
III
I
II
III
IV
I
II
III
IV
I
II
III
IV
29.4
29.4
29.1
29.1
30.9
30.9
30.6
30.6
30.5
30.5
30.0
30.0
32.4
32.4
32.6
32.6
34.4
34.4
36.3
36.3
36.0
36.0
37.3
37.3
38.4
38.4
1
2
29.4
24.0
2.5
.5
2.1
2.8
29.1
24.6
2.9
.5
2.4
1.7
30.9
25.2
2.6
.5
2.0
3.2
30.6
25.2
2.6
.5
2.1
2.8
30.5
25.5
2.6
.5
2.1
2.3
30.0
25.6
2.6
.6
2.0
1.8
32.4
26.2
2.8
.6
2.2
3.5
32.6
26.9
2.8
.6
2.3
2.9
34.4
27.1
2.8
.6
2.2
4.5
36.3
27.5
2.7
.6
2.1
6.1
36.0
28.2
2.9
.5
2.3
4.8
37.3
28.5
2.7
.5
2.1
6.1
38.4
29.5
2.7
.6
2.1
6.2
3
4
5
6
7
8
IV
35
Table 7.—Federal Government
[Millions of dollars]
Line
1929
1930
1931
1932
1933
1934
1935
1936
3 804
3 047
2 047
1 708
2 670
3 541
3 964
1,263
1 323
1,238
1,134
1 183
1,093
1,224
61
29
49
744
607
643
567
56
20
36
423
331
366
320
30
16
35
328
474
495
375
69
16
21
462
595
609
452
129
13
14
644
827
842
580
248
14
15
820
1,193
1,045
894
924
1,619
2,181
2,181
1 219
1,067
912
937
1 658
1,246
2 270
1,833
2 235
1,730
1
Receipts
2 Personal tax and nontax receipts
3
Total receipts before refunds 1
4
Income taxes
5
Estate and gift taxes
N"ontaxes
6
7
Less: Tax refunds
g Corporate profits tax accruals
9 Indirect business tax and nontax
accruals.
Total accruals before refunds 2
10
11
Excise taxes
Liquor
12
Tobacco
13
14
Other
15
Customs duties
Nontaxes
16
Less* Tax refunds
17
18 Contributrions for social insurance
Expenditures
19
20 Purchases of goods and services
Compensation of employees
21
Structures (excluding construction
22
force account compensation) .
Other purchases
23
Addendum:
Construction force ac24
count compensation.
_
25 Transfer payments
To persons.. _
26
To foreigners (net)
27
28 Grants-in-aid to State and local governments.
29 Net interest paid
30 Subsidies less current surplus of government enterprises.
Surplus or deficit (— ) on income
31
and product account.
61
24
60
564
13
449
102
599
56
1937
1938
1939
1940
5 024
7 039
6 480
6 721
8 641
1,130
1 143
1 723
1 742
1 319
1 235
1 260
1 364
1 393
13
402
21
19
1 635
1 654
1 244
1,252
1 337
390
20
19
895
1 285
2,251
2,406
2,216
2,322
2 238
1 709
2 347
1 826
740
386
17
2, 273
1,693
2 425
1,775
308
37
89
459
478
793
371
39
54
569
536
588
403
39
22
587
563
625
469
42
19
1941
1942
1943
1944
15 420
22 943
qq OPO
At Mkft
2 016
2 044
1 622
4 668
16 517
17 536
4 062
*471
15 923
461
17 113
23
344
1*036
341
16
29
874
371
15
25
ift KAn
4*696
401
21
17
CCf)
565
28
42
28
2 635
7 333
11 065
13 616
12 484
2,627
3,567
4,049
4,944
6,171
2 662
2,122
3 593
2 817
3*364
4 073
4 979
4 076
6 226
5 257
2 083
1 632
2 249
7Q
108
26
537
11
446
80
474
56
22
25
721
645
756
327
46
35
124
124
123
125
115
121
136
391
1,573
1,734
1,879
2,015
439
55
26
2,504
3,161
4,181
4,817
2 629
2,764
4,181
3,185
6,394
6,535
9,966
20 484
56 079
85 844
95 493
1,372
1,495
1,456
2,981
1,694
413
2,919
1,768
467
632
5,105
3,414
502
16, 882
323
1,164
336
6,015
263
3,489
203
8,609
5,409
3,505
8 930
150
8,653
4,935
3,570
7 397
1,261
3,985
2,000
813
5,027
3,433
51, 875
10 645
8,968
81, 148
20 899
5,312
89 002
27 250
en
2 , 0ooy
254
6
311
8
253
10
500
10
874
13
771
1,756
1,716
952
610
879
915
232
5
725
490
10
425
55
373
49
18
635
7
387
241
259
43
13
921
138
409
699
296
36
39
880
375
452
1,006
715
4,664
313
67
24
410
112
35
*925
378
219
55
1,272
15
1,189
16
1,713
29
8,422
108
32, 262
279
54 937
168
59 393
75
654
634
20
2,096
2,064
32
828
60
888
1,225
1,196
1,267
1,240
1,453
1, 421
1,355
1,369
1,509
1,419
1,186
1,239
1,753
1,841
125
313
134
502
1,633
1,706
724
764
380
116
444
173
479
164
517
251
590
580
526
730
485
413
616
465
i Includes dividends tax, 1933-34, and automobile use tax, 1942-46. Annual dividends
tax, in millions of dollars, is as follows: 1933, $35; 1934, $15. This tax was discontinued in
1 290
955
16
283 -2,134 -1,477 -1,315 -2,853 -2,571 -3,629
1,175
859
1 141
719
15
600
10
441
85
1*454
990
1 215
684
14
40
117
928
748
3,013
696
698
17
735
36
602
593
631
344
44
646
931
21
691
34
565
567
577
357
45
22
29
27
32
778
988
857
807
888
942
947
619
578
643
927
726
915
774
666
1,038
769
1,707
861
2,420
-14
90
—53
—88
1,371
-358 -2,129 -2,209 -1,325 -5,064 -33, 136 -46,586 -54,485
fiscal year 1935. Annual automobile use tax, in millions of dollars, is as follows: 1942, $121;
1943, $77; 1944, $74; 1945, $81; 1946, $1. This tax was discontinued in fiscal year 1947.
Table 8.—Federal Government Receipts and Expenditures: Seasonally
[Billions of dollars]
19 17
19 16
Line
1
2
3
4
5
Receipts.
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accrualsContributions for social insurance
6
7
Expenditures
I
II
34.9
38.2
41.1
16.0
5.8
7.5
5.6
17.3
7.6
7.7
56
17.8
10.0
8.0
5.4
42.8
35 4
22.2
Purchases of goods and services.
19418
I
II
44.5
44.7
43.5
42.6
20.6
11.1
8.0
4.7
21.0
11.6
7.7
4.5
18.9
12.2
8.0
4.4
18.0
12.0
8.1
4 5
32.2
29.3
31.0
32.9
12.4
12.4
13.5
15.7
13.2
11.1
2.1
10.4
8.3
2.1
10.9
7.9
3.0
10.6
7.7
3.0
I
II
42.1
43.5
42.8
42.1
17.7
11.2
8.0
5.3
19.1
10.9
7.9
5.5
19.3
10.3
7.7
5.5
19.6
10.2
7.5
48
32.1
32.0
28.7
29.2
16.3
14.9
15.5
12.4
12.9
11.8
9.5
2.4
10.8
8.8
2.0
10.0
8.1
1.9
9.9
8.1
1.7
9.6
7.7
1.9
III
IV
19 19
III
IV
I
II
42.4
40.8
38.8
38.5
37.5
18.1
11.6
8.1
4 6
17.2
10.6
7.9
5.0
16.4
9.4
8.1
49
15.7
9. 7
8.2
4 9
15.2
9.6
7.9
4.9
36.7
39.0
40.0
41.7
42.4
41.4
17.3
19.5
19.4
20.6
20.3
20.1
12.3
7.5
4.8
12.0
7.5
4.5
13.3
8.2
5.1
14.1
8.7
5.4
14.4
9.1
5.3
13.8
9.1
4.7
III
IV
III
IV
g
9
10
Transfer payments
To persons
To foreigners (net)
11
1.0
.9
1.2
1.4
1.6
1.8
1.8
1.8
1.8
1.9
2.1
2.2
2.1
2.0
2.5
2.3
12
13
Grants-in-aid to State and local governments.
Net interest paid
Subsidies less current surplus of government enterprises.
4.1
2.6
42
2.1
4.2
1.0
4.2
.9
4.1
.7
4.2
.7
42
.5
4.2
.5
4.2
.5
4.2
.4
4.3
.7
4.3
1.0
4.4
.8
4.4
.6
44
.8
4.4
.8
14
Surplus or deficit (—) on income and
product account.
-7.8
2.8
9.0
10.2
14.8
13.6
10.0
15.2
13.7
10.6
5.9
3.4
.8
-2.9
-3.9
-3.9
II
III
IV
______
._
13.0
10.3
2.7
1957
1956
1959
1958
Line
1
2
3
4
5
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accrualsContributions for social insurance.
I
II
III
IV
I
II
III
IV
I
75.6
77.2
77.2
80.1
82.4
82.2
82.3
79.4
76.0
33.8
20.7
10.9
10.2
35.5
35.0
19.7
21.0
10.9 ' 11.3
10.4
10.7
36.4
20.8
12.0
10.9
37.0
,21.4
11.9
12.2
37.6
20.6
11.8
12.2
37.8
20.2
12.0
12.4
37.2
18.4
11.5
12.2
36.5
16.0
11.3
12.2
II
I
III
IV
75.9
79.5
83.1
87.5
91.2
89.9
90.3
36.0
16.4
11.5
12.1
37.1
18.4
11.4
12.6
37.5
21.2
11.8
12.6
38.6
22.1
12.3
14.5
39.7
24.3
12.2
14.9
40.2
22.0
12.8
15.0
41.2
21.3
12.9
15.0
69.3
71.8
72.3
74.1
78.1
79.7
79.7
80.9
84.1
88.3
90.3
92.9
91.7
90.4
90.9
91.0
Purchases of goods and services
44.5
45.8
45.3
46.6
49.3
49.6
49.7
49.6
51.3
52.9
54.3
55.9
54.6
54.1
53.1
52.9
8
9
10
Transfer payments
To persons
To foreigners (net)
14.7
13.0
1.7
15.1
13.2
1.9
15.5
13.6
1.9
15.7
13.7
1.9
16.2
14.5
1.7
17.7
15.7
2.0
17.5
15.8
1.7
18.7
17.0
1.7
19.9
18.2
1.7
21.7
19.9
1.8
22.2
20.4
1.9
21.6
19.8
1.8
21.8
19.9
1.9
21.4
19.7
1.7
21.7
19.9
1.8
22.8
20.8
2.0
11
3.1
3.3
3.5
3.5
4.2
4.0
4.2
4.5
4.8
5.6
5.4
6.8
6.6
6.4
7.6
6.7
12
13
Grants-in-aid to State and local governments.
Net interest paid _ _
..
Subsidies less current surplus of government enterprises.
5.1
1.9
5.3
2.3
5.4
2.6
5.4
2.9
5.6
2.9
5.7
2.7
5.8
2.5
5.7
2.4
5.6
2.5
5.5
2.6
5.6
2.8
5.8
2.9
6.0
2.6
6.2
2.3
6.6
1.9
6.9
1.7
14
Surplus or deficit (— ) on income and
product account.
6.3
5.5
4.9
6.0
4.3
2.5
2.6
-1.5
-8.1
-12.4
-10.8
-9.8
-4.2
.8
-1.0
-.6
Expenditures
6
7
36
Receipts and Expenditures: Annually, 1929-64
[Millions of dollars]
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
42,495
19, 379
20, 710
19, 848
663
118
1,331
10, 234
7,128
39,092
17, 166
18, 819
17, 987
734
97
1,653
8,642
7,791
43,206
19, 643
21, 316
20,446
830
40
1,673
10,664
7,791
43,301
18, 973
20, 759
19, 825
900
34
1,786
11,847
7,970
38,897
16, 137
18, 505
17, 716
754
35
2,368
9,803
8,020
49,857
18,090
19, 799
19,108
659
32
1,709
17,000
8,860
64,020
26, 131
27, 931
27, 134
751
46
1,800
21, 452
9,352
67,245
31,031
33, 167
32,264
850
53
2,136
18,540
10, 296
69,968
32,247
34,864
33, 878
922
64
2,617
19, 457
10, 895
7,180
6,214
2, 370
1,034
2,810
397
216
52
5,754
84,561
74, 179
29, 786
1,530
7,870 7,860 8,053
7,267 7,297 7,501
2,691
2, 330 2,177
1,219
1,312
1,267
3,357 3,700 4,012
503
410
436
100
142
127
79
69
83
5,493 5,108
4,511
35,569 29,822 34,888
17, 234 12, 544 16, 515
14, 606 9,395 8,936
202
405
918
8,092 8,927 9,420
7,561 8,252 8,677
2,204 2,419 2,459
1,320 1,348
1,447
4,037 4,485
4,771
381
549
591
150
126
152
68
72
67
4,937 5,907 7, 085
41,330 40,804 57,780
20,112 18, 403 37, 652
10,027 10, 760 16, 256
1,498 2,853
1,332
10, 364
9,622
2,726
1,663
5,233
582
160
68
7,378
71,045
51, 779
18, 925
3,993
10, 977
10, 215
2,820
1,614
5,781
589
173
42, 863
52
4,662
4,310
352
870
2,426
26
6,661
39
2,744
25
11, 431 10, 770
9,182 8,827
2,249
1,943
1,108 1,738
3,334
1,516
4,173
1,623
4,169
601
-42,066
3,523
13,384
6,145
63
8,753
54
1955
1956
1957
1958
1959
1960
63,798
28,998
31, 898
30, 914
921
63
2,900
16,955
9,733
72,086
31, 437
34, 537
33, 505
982
50
3,100
20,648
10,674
77,608
35, 170
38, 420
37,084
1,281
55
3,250
20, 624
11,245
81,629
37, 411
40, 929
39, 436
1,448
45
3,518
20, 183
11,793
78.680
36, 786
40,704
39, 307
1,350
47
3,918
18,041
11, 498
89,741
39, 900
44,090
42, 620
1,426
44
4,190
22,454
12,544
96,478
43, 634
48,048
46, 222
1,782
44
4,414
9,821
9,048
2,706
1,543
4,799
565
208
88
82
7, 369 8,112
76,989 69,728
57, 034 47, 377
18, 614 17, 805
3,936 3,228
10, 770
9,866
2,806
1,596
5,464
679
225
96
9,327
68,094
44,090
18, 387
2,332
11, 370
10, 370
3,044
1,638
5,688
743
257
125
10, 569
71,866
45, 586
19, Oil
2,571
11, 984
10, 926
2,902
1,704
6,320
787
271
191
12, 242
79,568
49, 538
19, 608
2,934
11, 684
10, 562
2,970
1,818
5,774
846
276
186
12,355
88,870
53, 594
20, 591
3,550
12, 750
11, 370
3,106
1,859
6,405
1,080
300
206
14,843
90,988
53, 659
21, 030
3,565
13, 676 13, 849 14,821
15, 569
12, 248
12, 376 13, 154 13,771
3,176
3,282
3,391
3,500
2,019
1, 954
2,031
2,116
7,118
7,075
7, 732
8,155
1, 079
1,077
1,213
1,283
349
396
454
515
225
246
246
260
17, 667 18, 235 20,520 23,029
93,016 102,086 110,256 113,996
53, 531 57, 408 63, 389 64,371
21,868 22, 925 24, 277 25, 261
3,501
3,857
3,879
3,814
18, 543 28, 861 34,484
188
125
199
26,344
175
23,371
150
24,004
155
26, 996
178
29, 453
208
10,867
8>779
2,088
2,646
11, 432
9,454
1,978
2,834
13, 284
11, 508
1,776
2,913
14, 454
12, 412
2,042
3, 120
15, 229
13, 361
1,868
3,331
17,493
15, 718
1, 775
4,209
21, 326 21,935
19, 528 20,086
1,798
1,849
5,641
6,827
4,739
1,014
4,858
831
11, 447 13, 833 14, 379 11, 637
7, 619 8,727 10, 816 8,531
3,828 5,106 3, 563 3,106
2,228 2,343
2,487
1,986
1961
21,726
13,451
1962
1963
98,274 106,450
44, 685 48,609
49, 589 53,848
47, 572 51, 720
1,972
2,076
45
52
4,904
5,239
21, 751 22,746
13,603
14, 575
1964
114,265 114,529
51, 467 48,641
57, 200 54, 775
54, 874 52, 120
2,264
2,594
62
61
5,733
6,134
24, 460 26,044
15,309
16,109
Line
1
2
3
4
5
6
7
8
9
16,363
14, 287
3,711
2,068
8,508
1, 327
749
254
23, 735
118,333
65,303
27, 189
3,584
10
11
12
13
14
15
16
17
18
19
20
21
22
29,064 28, 162
221
227
30, 626
237
35, 233
232
35,296
247
34,530
254
23
24
23,368
21, 520
1,878
6,521
27,037
24,948
2,089
7,241
27,702
25,538
2,164
8,000
29, 155
26,976
2,179
9,134
29, 932
27, 769
2,163
10, 431
25
26
27
28
4,403
754
4, 514
1,165
4,713
1,291
5,009
1,145
4,928
1,502
5,273
2, 447
5,694
2,634
6,433
2,134
7,081
2,485
6,624
3,776
7,186
3,979
7,762
3,574
8, 362
4,305
29
30
8,413 -2,433
9,053
6,240 -3,800 -7,021 -5,930
3,992
5,742
2,061 -10,190 -1,247
3,462
-3,812
-3,806
269
-3,804
31
4,267
673
2 Includes capital stock tax, 1933-45. Annual amounts, in millions of dollars, are as follows:
1933, $80; 1934, $92; 1935, $95; 1936, $138; 1937, $139; 1938, $127; 1939, $133; 1940, $167; 1941, $282;
5, 609
2,700
1942, $329; 1943, $381; 1944, $372; 1945, $353.
Adjusted Quarterly Totals at Annual Rates, 1946-64
[Billions of dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
42.4
46.6
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
52.9
57.5
65.6
62.7
62.0
65.9
66.2
66.3
66.8
69.8
71.7
71.9
70.7
65.6
62.9
62.9
63.6
65.7
69.2
71.1
73.3
75.0
1
32.9
21.6
10.8
9.6
2
3
4
5
6
23.5
25.0
10.0
7.1
21.6
20. 7
8.9
6.3
25.4
21.2
9.0
7.1
29.9
19.0
9.9
7.4
30.9
17.9
10.3
7.3
31.3
17.8
10.3
7.3
67.2
66.1
70.1
46.7
47.8
51.1
11.9
8.7
3.2
10.1
8.3
1.8
10.7
8.3
2.4
2.4
2.6
2.5
4.8
1.1
4.8
1.2
4.8
1.1
.1
-1.3
.1
15.8
12.9
8.0
5.7
16.8
15.5
8.6
5.7
18.1
18.9
9.9
5.9
26.8
19.2
9,0
7.0
47.2
39.0
36.4
40.4
47.6
54.5
61.9
18.4
17.1
17.7
20.5
27.8
34.3
41.8
21.0
17.1
3.9
13.9
10.1
3.7
10.8
7.7
3.1
11.6
8.1
3.5
11.2
8.2
3.0
11.6
8.6
3.1
11.9
8.8
3.1
2.4
2.4
2.3
2.3
2.5
2.5
4.5
1.0
4.5
1.2
4.5
1.1
4.6
1.4
4.6
1.4
4.7
1.4
-4.8
7.6
16.4
17.1
18.0
8.2
1960
I
II
97.5
97.6
42.9
23.6
13.6
17.6
43.6
22.7
13.6
17.7
28.8
20.5
9.5
7.2
32.0
19.7
10.7
7.5
32.5
20.8
11.0
7.5
74.4
73.5
76.2
78.0
54.1
54.2
56.9
57.8
11.8
9.2
2.5
10.9
9.2
1.6
11.4
9.3
2.1
11.3
9.2
2.1
2.5
2.8
2.8
2.3
4.7
1.0
4.7
1.0
4.8
.9
4.8
.9
-3.8
-7.6
-3.7
-4.5
-6.2
1961
IV
I
95.7
95.1
94.4
43.9
20.7
13.3
17.8
44.1
20.0
13.3
17.7
44.2
19.5
12.9
17.8
III
32.0
15.9
10.6
7.2
29.1
15.8
9.9
8.1
28.8
16.2
9.8
8.0
28.8
17.2
9.5
8.1
76.5
77.3
73.4
69.5
68.6
67.6
67.9
67.1
68.3
69.0
56.5
56.9
52.3
47.4
45.7
44.1
44.0
43.3
44.4
44.7
7.
11.3
9.4
1.9
11.9
10.0
1.9
12.4
10.8
1.7
12.8
11.4
1.4
13.7
11.7
1.9
14.4
12.3
2.0
14.7
12.2
2.5
14.3
12.3
2.0
14.4
12.5
1.9
14.4
12.6
1.9
8
9
10
3.4
2.8
2.9
2.9
2.8
3.0
2,9
3.0
3.1
3.3
3.2
11
4.8
.7
4.9
1.0
4.9
.7
5.0
.8
5.0
1.5
5.0
1.2
5.0
1.1
4.9
1.4
4.9
1.6
4.9
1.4
5.0
1.7
12
13
-5.7 -11.7 -10.5
-6.6
-5.0
-1.8
1.3
4.0
5.0
6.0
14
32.4
20.8
11.1
7.5
1962
29.3
18.5
9.7
8.2
IV
I
II
III
IV
97.1
99.1
102.4
103.4
105.6
107.6
109.2
44.3
21.1
13.5
18.1
44.8
22.2
13.7
18.4
45.5
24.1
14.2
18.6
46.5
22.3
14.4
20.2
48.1
22.5
14.4
20.5
49.3
23.0
14.7
20.6
50.5
23.2
14.8
20.7
I
30.9
20.3
10.8
9.2
30.0
20.0
10.2
8.9
31.9
21.0
10.9
9.6
1964
1963
III
II
32.1
20.4
10.9
7.3
II
III
IV
112.4
113.9
114.5
116.2
51.2
23.4
15.2
22.6
51.3
24.4
15.2
22.9
51.5
24.6
15.3
23.2
51.9
25.4
15.5
23.5
Line
II
III
IV
114.8
112.0
114.6
116.8
1
50.2
25.7
15.6
23.3
46.5
25. 9
16.0
23. 5
48.1
26.2
16.4
23.9
49.8
26.5
16.4
24.2
2
3
4
5
6
I
90.4
92.0
94.2
95.7
99.3
101.6
102.9
104.3
108.4
110.2
110.2
112.4
114.9
112.1
113.9
115.1
117.5
119.6
118.2
117.9
52.7
53.0
53.9
54.6
55.4
57.3
57.8
59.2
61.9
64.0
63.3
64.4
65.4
63.6
64.2
64.4
65.0
67.0
64.9
64.3
7
22.4
20.7
1.7
22.9
21.1
1.8
23.9
21.8
2.0
24.7
22.8
1.9
26.6
24.4
2.1
26.9
24.8
2.1
27.4
25.4
2.0
27.0
25.0
2.1
27.8
25.4
2.4
27.2
25.1
2.0
27.6
25.5
2.1
28.4
26.2
2.1
29.6
27.6
2.0
28.7
26.5
2.2
28.9
26.7
2.3
29.4
27.1
2.2
30.3
28.2
2.1
29.8
27.5
2.3
29.7
27.6
2.1
29.8
27.7
2.1
8
9
10
6.1
6.8
6.8
6.4
7.2
7.1
7.2
7.4
7.8
7.9
7.9
8.3
8.6
8.7
9.4
9.9
9.9
10.3
10.6
10.8
11
7.4
1.9
7.2
2.2
7.0
2.7
6.8
3.1
6.7
3.5
6.5
3.7
6.6
3.9
6.6
4.0
6.9
4.1
7.1
4.0
7.3
4.0
7.5
3.9
7.6
3.7
7.6
3.6
7.9
3.5
8.0
3.5
8.3
3.9
8.2
4.2
8.5
4.4
8.4
4.7
12
13
7.1
5.6
1.5
-.6
1.8
•6
1.2
-4.9
-4.5
-3.8
-1.9
-5.0
-4.6
-2.6
-3.2
-2.5
-2.6
-7.6
-3.6
-1.1
37
14
Table 9.—State and Local Government
[Millions of dollars]
Line
1
2
3
4
5
6
7
g
9
10
11
12
13
14
15
16
17
18
19
20
21
Receipts-
.
Personal tax and nontax receipts.
Income taxes.. _ . _
_•_
Death and gift taxes
Motor vehicle licenses _
Property taxes
Other taxes
Nontaxes
__
_ ..
Corporate profits tax accruals
Indirect business tax and nontax accrualsSales tax
State
.
- _
General
Gasoline
Liquor
Tobacco.
..
. -.
Local- _ _
Motor vehicle licenses
Property taxes
Other taxes _
__ _
Nontaxes
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
7,571
7,835
7,743
7,312
7,157
8,550
9,104
8,628
9,105
9,320
9 649
9,957
10 370
10 578
in 8^4.
11 19%
1,380
1,373
1,251
1,124
990
67
110
152
129
47
485
1,000
1,061
1, 128
1 198
1 227
1 205
1 240
1 277
1 313
1 398
139
165
187
148
47
694
110
182
183
154
49
695
74
168
171
149
47
642
64
137
158
144
48
573
87
97
153
126
52
485
121
109
163
129
60
479
167
116
176
130
64
475
204
129
183
134
69
479
208
137
181
137
75
489
201
122
190
137
78
477
232
115
210
140
65
478
258
116
219
142
64
478
291
111
198
•tA K
67
504
an
492
ARC
145
98
75
57
59
100
131
157
165
134
156
199
277
350
6,110
525
5, 965
571
545
7
524
1
13
5,844
578
552
10
522
4
16
5,436
669
641
61
526
34
20
5,634
934
904
228
563
89
24
6,009
1 156
1,096
300
620
141
35
6,412
1,396
1,306
6,751
1 518
1 417
6,938
1 583
1 463
449
782
175
57
7,043
1 653
1 542
465
815
184
78
7,394
1 835
1 705
533
865
205
102
7,729
2 073
1 942
7,720
2 033
1 900
26
148
4,539
475
232
26
137
4,424
452
253
28
133
3,962
424
248
30
140
3,907
406
247
60
153
4,023
417
260
90
166
4,058
529
263
111
182
130
200
131
213
621
280
120
178
4,277
612
288
4 407
4 449
500
0)
500
(i)
0)
0)
25
153
4,543
467
208
25
154
4,727
488
216
398
690
169
49
440
748
174
55
101
170
4,162
4 285
638
285
656
296
621
958
241
122
691
303
100
149
5,810
439
414
(i)
414
(i)
330
642
855
266
137
133
212
4 397
760
318
7,791
1 965
1 831
700
704
276
151
134
212
4 494
806
314
1
OQQ
oaa
IOK
1 70
n
'
Kin
ARK
7,956
9 009
1 866
751
fisi
001
153
136
215
4 565
847
327
22
Contributions for social insurance
119
129
139
153
170
183
197
207
227
243
257
267
280
307
335
23
Federal grants-in-aid
117
125
313
134
502
1,633
1,706
724
764
778
988
857
807
888
942
947
7,764
8,432
8,494
7,592
7,226
8,099
8,550
8,137
8 401
8 955
9 617
9 319
9 078
8 806
8 391
8 453
7,236
3,456
2,355
7,823
3,630
2,649
7,727
3,737
2,387
6,637
3,565
1,542
6,047
3,531
1,050
6, 803
3,884
1,195
7 090
4,178
1,134
7 033
3,696
1,742
7 195
3 889
1,613
7 575
4,121
1,632
8 225
4 185
2,157
7 987
4 289
1,800
7 885
4 388
1,462
7 717
4 473
1,075
7 416
4 663
693
7 542
4 938
579
1,425
58
1,544
66
1,603
60
1,530
38
1,466
•26
1,724
30
1,778
28
1,595
44
1,693
40
1,822
41
1 883
53
1 898
43
2 035
36
2 169
' 27
2 060
17
2 025
14
28
29
_
Expenditures
24
25
26
27
_
Purchases of goods and services
Compensation of employees
Structures (excluding construction
force account compensation).
Other purchases
Addendum: Construction force account compensation.
356
30
Transfer payments to persons
218
264
349
502
759
953
1,172
862
1,023
1,209
1,272
1,262
1,242
1s 229
1 220
1 241
31
Net interest paid
542
584
640
662
653
640
615
616
588
573
562
565
515
479
433
389
32
Less: Current surplus of government enterprises.
232
239
222
* 209
233
297
327
374
405
402
442
495
564
619
678
719
33
Surplus or deficit (— ) on income and
product account.
-280
-69
451
554
491
704
365
32
638
1,292
1,772
2,463
2,670
-193
-597
-751
i Small amounts included in "Other taxes".
Table 10.—State and Local Government Receipts and Expenditures:
[Billions of dollars]
1946
Line
1
Receipts
2 Personal tax and nontax receipts
3 Corporate profits tax accruals
4 Indirect business tax and nontax accruals
5 Contributions for social insurance
6 Federal grants-in-aid
7
Expenditures
_ _
__ __
8 Purchases of goods and services
9 Transfer payments to persons- .__
10 Net interest paid
11 Less: Current surplus of government
enterprises.
Surplus or deficit (— ) on income and
12
product account.
1947
1949
1948
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
12.1
1.5
.3
8.9
.4
1.0
9.9
8.8
1.5
.3
.7
12.5
1.5
.4
9.1
.5
.9
10.4
9.3
1.5
.3
.7
13.2
1.6
.5
9.5
.5
1.2
11.4
10.0
1.8
.3
.7
13.8
1.6
.6
9.7
.5
1.4
12.2
10.9
1.8
.3
.7
14.4
1.7
.6
10.0
.6
1.6
13.2
11.8
1.8
.3
.8
15.1
1.8
.6
10.4
.6
1.8
13.8
12.2
2.1
.3
.8
15.6
1.8
.6
10.8
.6
1.8
14.8
12.7
2.6
.2
.8
16.2
1.9
.6
11.3
.6
1.8
15.3
13.4
2.5
.2
.8
16.8
2.0
.7
11.6
.7
1.8
16.4
13.8
3.1
.3
.8
17.3
2.1
.7
11.9
.7
19
17.1
14.6
3.0
.3
.8
17.9
2.1
.7
.7
2.1
17.9
15.4
3.0
.3
.8
18.3
2.2
.7
12.5
.7
2.2
18.2
16.1
2.6
.3
.8
18.7
2.4
.7
12.8
.8
2.1
18.8
16.7
2.7
.3
.8
18.9
2.4
.6
13.1
.8
2.0
19.7
17.4
2.8
.3
.9
19.8
2.5
.6
13.4
.8
2.5
20.6
18.2
2.9
.3
.9
19.9
2.5
.6
13.7
.8
2.3
21.0
18.5
3.1
.3
.9
2.2
2.1
1.8
1.6
1.3
1.3
.8
.8
.4
.2
.0
.1
-.1
-.8
-.8
-1.1
II
III
IV
45.2
6.2
1.3
28.5
2.7
6.4
46.9
43.4
4.8
.7
2.0
47.1
6.4
1.2
29.2
2.8
7.6
46.9
43.5
4.8
.7
2.1
46.9
6.5
1.2
29.8
2.8
6.7
47.0
43.4
4.9
.7
2.1
.2
.0
12.3
[Billions of dollars]
19 56
me
1 Receipts
2 Personal tax and nontax receipts
3
4
5
6
7
8
q
10
11
12
Corporate profits tax accruals
Indirect business tax and nontax accruals .
Contributions for social insurance
Federal grants-in-aid
__
Expenditures
Purchases of goods and services
Transfer payments to persons.
Net interest paid
Less: Current surplus of government
enterprises.
Surplus or deficit (— ) on income and
product account.
38
1957
1959
1958
I
II
III
IV
I
II
III
IV
I
II
III
IV
33.4
4.5
1.0
22.8
1.9
3.1
34.4
31.8
3.7
.5
1.7
34.3
4.6
1.1
23.4
2.0
o O
35.2
4.7
1.0
23.9
2.1
3.5
35.9
33.4
3.7
.5
1.7
35,9
4.8
1.1
24.4
2.1
3.5
36.7
34.0
3.9
.5
1.7
37.4
5.0
1.1
25.0
2.2
4.2
38.1
35.3
4.0
.5
1.7
37.7
5.1
1.0
25.4
2.2
4.0
39.0
36.2
4.1
.5
1.8
38.5
5.2
1.0
25.7
2.3
4.2
39.9
36.9
4.2
.5
1.8
39.0
5.3
.9
25.9
2.3
4.5
41.0
37.9
4.3
.6
1.8
39.8
5.5
.9
26.2
2.4
4.8
42.2
38.9
4.5
.6
1.8
41.0
5.5
.9
26.6
2.5
5.6
43.3
39.9
4.6
.6
1.8
41.7
5.6
1.0
27.2
2.5
5.4
44.5
41.1
4.6
.6
1.8
44.0
5.7
1.2
27.8
2.5
6.8
45.7
42.2
4.7
.6
1.8
-1.0
-.9
-.7
-.8
-.7
-1.3
-1.4
-2.0
-2.4
-2.3
35.2
32.6
3.7
.5
1.7
-2.8
-1.7
I
44.8
6.1
1.2
28.2
2.6
6.6
46.7
43.1
4.8
.7
1.9
-1.9
-1.7
Receipts and Expenditures; Annually, 1929-64
[Millions of dollars]
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
31,393
34,698
38,155
41,642
46,020
49,856
53,601
58,581
63,142
68,593
1
4,104
1,345
285
504
316
143
1,511
4,657
1,574
336
568
302
148
1,729
5, 166
1,723
357
636
281
166
2,003
5,562
1,829
367
686
302
164
2,214
6,313
2,132
387
756
380
210
2,448
7,275
2,675
487
811
476
210
2,616
7,705
2,648
532
841
584
215
2,885
8,741
3,191
575
865
634
221
3,255
9,453
3,392
622
917
677
226
3,619
10, 570
3,978
664
989
724
240
3,975
2
3
Line
1945
1946
1947
1948
1949
1950
1951
1952
11,591
12,898
15,318
17,573
19,319
21, 139
23,253
25,212
1,488
402
141
182
149
72
542
1,543
409
153
199
155
69
558
1,790
488
177
226
171
82
646
2,105
570
183
253
189
93
817
2,432
718
175
288
211
102
938
2,589
776
182
326
227
107
971
2,881
905
209
373
245
108
1,041
3,112
1,002
218
397
266
117
1,112
883
826
809
773
968
1,044
1, 019
1,004
1, 225
1,306
1,353
1,433
1,534
1,600
9
15, 837 17, 297
5,366
5,847
4,815 5,220
2,118 2,347
1,791
1,968
462
449
444
456
18, 705
6,264
5,546
2,509
2,100
471
466
19, 716
6,469
5,766
2,557
2,296
455
458
21, 393
7,103
6,324
2,838
2,491
514
481
23, 649
7,989
7,100
3,208
2,788
566
538
25,500
8,590
7,559
3,512
2,892
567
588
26, 957
8,774
7,695
3,512
2,969
575
639
28, 926
9,697
8,547
3,972
3,174
623
778
31, 749
10,882
9,543
4,466
3,410
676
991
34, 096
11,439
10,007
4,742
3,526
701
1,038
36, 933
12, 462
10, 990
5,367
3, 740
787
1,096
39, 243
13, 376
11, 778
5,830
3,964
808
1,176
41,931
14, 230
12, 517
6,360
4,248
859
1,050
10
11
12
13
14
15
16
718
629
9,096
2,176
540
703
675
9,673
2,291
608
779
728
10, 448
2,499
615
889
754
11, 453
2,791
662
1,031
764
12, 609
2,850
687
1,079
756
13, 764
2,880
783
1,150
760
14, 624
3,145
700
1,339
793
15, 943
3,400
731
1,432
811
17, 354
3,583
909
1,472
824
18, 959
3,706
982
1,598
871
20,227
3, 798
971
1,713
942
21, 626
4,084
1,049
17
18
19
20
21
22
455
462
604
671
605
770
8,394
2,266
2,110
806
777
359
168
9,297
2,899
2,716
1,051
1,020
427
218
10, 611
3,508
3,202
1,330
1,176
407
289
12, 102
4,115
3,715
1,584
1,318
439
374
13, 254
4,333
3,882
1,609
1,451
418
404
14, 474
4,801
4,317
1,828
1,625
442
422
156
231
4,642
908
347
183
271
4,836
1,033
258
306
324
5,346
1,153
280
400
368
5,938
1,340
341
451
412
6,642
1,494
373
484
460
7,143
1,625
445
551
517
7, 696
1,774
484
627
570
8,385
1,980
515
27,174 28,788
3,352
1, 042
238
421
287
120
1,244
3,693
1,135
255
458
306
118
1,421
1964
4
5
6
7
8
384
488
575
709
800
963
1,165
1,331
1,474
1,693
1,808
2,017
2,261
2,478
2,729
3,005
3,206
3,474
3,778
4,061
870
1,108
1,738
1,986
2,228
2,343
2,487
2,646
2,834
2,913
3,120
3,331
4,209
5,641
6,827
6,521
7,241
8,000
9, 134
10,431
23
9,018
11,005
14,301
17,439
20,042 22,342 23,692
25,253
27,028
29,896
32,663
35,567
39,508
43,977
46,828
49,636
54, 123
57,645
62,233
67,226
24
8,102
5,370
684
9,772
6,177
1,369
12, 562
7,320
2,465
15, 038 17, 733
8,502 9,422
4,767
3,501
19, 497 21, 475 22, 882 24, 611 27,418 30, 106
10, 124 11, 136 12, 225 13, 306 14, 669 15, 807
5,254 6,262 6,531
7,083 8,263 9,055
32,994
17, 585
10, 112
36, 585
19, 520
11, 187
40,564
21, 524
12, 178
43,346
23, 280
12, 579
46,090
25, 615
12,355
50, 217
27, 975
13, 428
53, 731
30,391
14, 125
58, 267
32,961
15, 127
63, 053
35, 691
16, 367
25
26
27
2,048
17
2,226
34
2,777
62
3,035
88
3,544
120
4,119
131
4,077
157
4,126
197
4,222
195
4,486
216
5,244
219
5,297
257
5,878
273
6,862
305
7,487
297
8,120
297
8,814
331
9,215
350
10, 179
357
10, 995
375
28
29
1,323
1,666
2,253
2,919
2,899
3,478
3,004
3,213
3,312
3,440
3,653
3,757
4,155
4,576
4,825
5,089
5,473
5,694
6,028
6, 477
30
264
287
325
401
469
507
539
604
691
699
766
821
775
764
31
1,220
1,363
1,565
1,691
1,771
1,767
2,034
2,242
2,333
2,601
2,837
3,068
32
146 -1,108 -1,270
-869
-1,353
-2,335
-808
220
-522
936
909
1,367
33
349
293
253
263
270
285
756
726
767
781
860
918
1,051
1,129
2,573
1,893
1,017
134
-723 -1,203
-439
-41
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Billions of dollars]
15)50
1951
1952
I
II
III
IV
I
II
III
IV
I
II
III
IV
20.3
2.5
6
14.0
.9
2.4
21.7
18.8
3.4
.3
.9
20.8
2.6
7
14.2
.9
2.4
22.5
19.2
4.0
.3
.9
21.6
2.6
9
14.8
1.0
2.3
22.4
19.7
3.3
.3
.9
21.8
2.6
9
14.9
1.0
2.3
22.7
20.2
3.2
.3
1.0
23.0
2.8
10
15.5
1.1
2.5
23.0
20.6
3.1
.3
22.9
2.9
9
15.5
1.1
2.5
23.5
21.3
3.0
.3
23.2
2.9
8
15.9
1.2
2.4
24.0
21.8
2.9
.3
23.9
2.9
g
16.3
1.2
2.6
24.2
22.0
3.0
.3
24.3
3.1
g
16.6
1.3
2.5
24.6
22.3
3.1
.3
24.8
3.1
g
17.1
1.3
2.5
25.5
23.0
3.3
.3
25.6
3.1
g
17.5
1.3
2.8
25.2
22.8
3.2
.3
26.2
3.2
9
18.0
1.4
2.8
25.8
23.4
3.2
.3
-.8
-.9
.0
-.6
-.8
-.3
-.3
-.6
.4
.4
-1.4
-1.7
19 54
1953
I
26.1
3.3
9
18.3
1.4
2.3
26.5
24.1
3.2
.3
A
I
II
III
IV
27.5
3.3
9
18.5
1.4
3.4
26.5
24.1
3.3
.3
27.5
3.4
g
18.9
1.5
2.8
27.3
24.8
3.4
.3
27.6
3.4
7
19.1
1.6
2.9
27.7
25.4
3.3
.3
1.0
.2
-.1
19,55
II
III
IV
28.2
3.6
7
19.3
1.6
2.9
28.7
26. 3
3.4
.4
28.5
3.7
7
19.6
1.7
2.8
29.4
27.0
3.4
.4
29.0
3.7
g
19.8
1.7
3.0
30.5
28.0
3.5
.4
29.5
3.8
g
20.2
1.8
2.9
30.8
28.3
3.5
.4
-.6
-1.0
-1.4
-1.3
I
Line
II
III
IV
30.3
4.0
9
20.6
1.8
3.0
31.9
29.4
3.6
.4
30.9
4.1
10
21.0
1.8
3.1
32.5
29.9
3.7
.5
31.9
4.1
10
21.7
1.8
3.3
32.8
30.3
3.7
.5
32.5
4.2
10
22.3
1.8
3.2
33.3
30.8
3.7
.5
-1.6
-1.6
-.9
-.9
1
2
3
4
5
6
7
8
9
10
11
12
[Billions of dollars]
1960
1962
1961
I
II
III
IV
I
II
III
IV
I
II
III
48.1
7.1
1.4
30.6
2.9
6.1
48.0
44.3
5.2
.7
2.2
49.8
7.2
1.4
31.4
3.0
6.8
49.4
45.9
5.0
.7
2.2
50.6
7.3
1.2
32.2
3.0
6.8
50.0
46.6
5.0
.7
2.3
51.0
7.4
1.2
32.8
3.1
6.4
50.9
47.3
5.1
.7
2.3
52.2
7.5
1.2
33.1
3.1
7.2
52.7
49.0
5.3
.7
2.3
53.0
7.7
1.3
33.7
3.2
7.1
53.4
49.4
5.5
.8
2.3
54.0
7.8
1.4
34.4
3.2
7.2
54.5
50.6
5.5
.8
2.3
55.3
7.9
1.5
35.2
3.3
7.4
56.1
52.1
5.6
.8
2.4
57.0
8.5
1.4
35.9
3.4
7.8
56.6
52.5
5.7
2.5
58.0
8.7
1.4
36.5
3.4
7.9
57.0
53.1
5.7
.8
2.6
59.0
8.8
1.4
37.3
3.5
7.9
57.9
54.1
5.6
.8
2.6
.1
.4
.6
.1
-.5
-.4
-.5
-.8
.4
1.0
1.2
:s
1964
1963
Line
I
II
60.3
9.0
1.5
38.0
3.6
8.3
58.8
55.0
5.8
.8
2.7
61.4
9.2
1.5
38.5
3.6
8.6
60.5
56.5
5.9
.8
2.8
62.2
9.4
1.5
38.9
3.7
8.7
61.3
57.4
6.0
.8
2.8
63.8
9.5
1.5
39.5
3.8
9.4
62.7
58.8
6.0
.8
2.9
65.2
9.7
1.6
40.1
3.9
9.9
63.9
59.9
6.1
.8
2.9
66.4
10.1
1.6
40.8
4.0
9.9
65.4
61.3
6.4
.8
3.0
68.0
10.5
1.6
41.6
4.0
10.3
66.8
62.7
6.4
.8
3.0
69.5
10.7
1.6
42.4
4.1
10.6
67.9
63.8
6.5
.8
3.1
70.5
10.9
1.6
42.9
4.2
10.8
68.6
64.3
6.6
.8
3.1
2
3
4
5
6
7
8
9
10
11
1.5
.9
.9
1.0
1.3
1.0
1.2
1.5
1.9
12
IV
III
IV
I
II
III
IV
39
1
Table 11.—Sources and Uses of Gross Saving: Annually, 1929-64,
[Millions of dollars]
Line
1 Gross private saving
1929
1930
15,322
12 064
1931
1932
1933
1934
1935
7 964
2 541
1936
1937
1938
1939
1940
1941
1942
1943
1944
2 295
5 633
8 589
10 318
11 524
8 748
10 997
14 310
22 403
42 033
49 656
54 344
2
Personal saving
Undistributed corporate profits
4,162
3 444
2 628
—637
—912
2,820 —2, 613 —4 936 —5 238 —1,603
389
—965
2 140
— 197
3 611
408
3 775
623
719
—225
2 610
1 834
3 844
3 163
10 977
5 677
27 575
5 866
33 360
6 610
37 259
6 541
4
Corporate inventory valuation adjustment.
Corporate capital consumption allowances.
472
3,260
2,414
1,047 -2, 143
-625
-227
-738
-31
963
-714
-200
-2,471
-1,204
-773
-287
4,204
4,320
4,328
4,008
3,790
3,637
3,626
3,617
3,647
3,701
3,736
3,831
4,250
5,048
5,363
6,059
Noncorporate capital consumption allowances.
Wage accruals less disbursements
3,664
3,653
3,530
3,361
3,163
3,197
3,247
3,420
3,510
3,590
3,531
3,672
3,970
4,748
4,887
4,965
o
0
o
o
o
o
o
o
o
o
o
o
o
o
209
193
Government surplus on income and
product account.
982
-314 -2,885 -1,757 -1,384 -2,402 -2,017 -3,138
1,175
-193
283 -2, 134 -1,477 -1,315 -2,853 -2,571 -3, 629
-597
-280
-69
451
-751
554
491
3
5
6
7
8
9
10
11
12
13
14
Federal
State and local..
_ _
_
Gross investment
Gross private domestic investment
Net foreign investment .
Statistical discrepancy
346 -1,764 -2, 177
-687
-3.772 -31,364 -44,123 -51,815
-358 —2, 129 —2,209 —1,325 —5,064 —33 136 —46 586 —54 485
704
365
32
638
1,292
1,772
2*463 2*670
16, 999
10, 950
5,815
1,129
1,551
3,763
6,357
8,393
11, 845
7 584
10, 152
14 642
19 033
9 604
16, 228
771
10, 260
690
5,618
197
960
169
1,401
150
3,334
429
6,411
—54
8,486
-93
11, 783
62
6,475
1,109
9,264
888
13, 133
1,509
17, 909
1,124
9,811
5,741
7,135
—207 —2 245 —2 099
695
-800
736
345
640
532
-215
1 213
—25
600
1 332
1 019
402
3 496
— 1 065 —2 037
5 036
2 507
[Billions of dollars]
19 47
19 16
19 18
19 49
T irta
1
Gross private saving
2
3
Personal saving
Undistributed corporate profits
4
Corporate inventory valuation adjustment.
Corporate capital consumption allowances.
5
6
7
8
Noncorporate capital consumption
allowances.
Wage accruals less disbursements _ _ .
Government surplus on income and
product account.
$
10V
Federal
State and local
11
Gross investment
12
13
14
Gross private domestic investment
Net foreign investment
Statistical discrepancy
I
II
III
IV
I
II
32.3
30.7
27.4
28.1
26.5
25.1
17.9
5.3
16.7
8.1
13.4
12.1
12.8
13.9
10.4
14.6
4.5
13.2
-1.2
-2.8
-8.1
-8.9
-9.7
4.5
4.6
4.7
4.9
III
IV
I
II
III
IV
I
II
III
IV
29.5
29.3
35.3
41.0
44.0
45.3
41.5
38.4
40.4
36.3
8.1
12.8
6.6
14.6
9.1
15.0
12.8
16.6
16.4
15.8
15.4
14.8
11.4
12.8
9.1
10.5
93
11.3
81
10.7
-4.7
-4.0
-5.2
-2.9
-2.9
-2.8
—.1
1.4
2.8
3.0
.2
5.3
5.8
5.9
6.3
6.6
6.9
7.1
7.4
7.7
7.9
8.0
8.2
6.2
6.7
7.1
7.3
7.5
7.6
7.8
8.1
8.4
.0
.0
.0
.1
.1
— .2
.1
.1
—.3
5.1
5.1
5.2
5.4
5.8
.8
— 9
0
0
0
—5.7
4.9
10.9
11.7
16.1
14.9
10.7
16.0
14.2
10.8
5.9
3.5
.7
-7.8
2.2
2.8
2.1
9.0
1.8
10.2
1.6
14.8
1.3
13.6
1.3
10.0
.8
15.2
.8
13.7
.4
10.6
.2
5.9
.0
3.4
.1
.8-i
8.8
9.1
o
0
-3.7
-4.6
-5.0
-2.9
-.8
—3 9
-8
—3 9
-1.1
28.0
36.0
38.7
38.1
41.9
41.1
41.4
47.1
47.8
48.8
48.5
46.7
41.3
34.5
36.6
32.5
24.5
3.5
31.5
4.5
32.5
6.1
33.9
4.2
32.8
9.1
31.6
9.5
31.7
9.7
39.8
7.4
43.4
4.4
46.2
2.5
48.1
.4
46.3
.3
39.6
1.7
33.1
1.3
36.2
4
33.8
—1.3
.3
.4
-1.7
-.6
1.1
1.2
1.8
-1.6
-3.1
-2.2
-.9
-.2
.8
1.2
1.3
«
19 57
1956
Line
I
-1.4
A
II
III
IV
I
II
19 58
III
IV
I
II
19 59
III
IV
I
II
III
IV
1 Gross private saving
65.5
67.3
68.9
69.4
69.4
71.5
71.7
69.4
68.5
68.8
71.9
77.5
75.7
79.4
72.3
76.0
2
3
Personal saving
Undistributed corporate profits
18.7
16.1
20.4
16.6
21.2
14.8
22.0
15.8
20.4
15.9
21.8
14.6
21.5
13.9
19.9
11.9
21.2
8.2
20.7
8.6
23.2
11.2
24.1
14.9
20.6
15.9
21.2
18.4
15.9
15.1
18.4
14.0
4
Corporate inventory valuation adjustment.
Corporate capital consumption allowances.
-2.9
-3.6
-1.2
-3.0
-2.4
-1.5
-.9
-.2
.3
-.2
-.9
-.8
-1.3
-.5
.7
18.7
18.8
18.9
19.2
19.8
20.5
21.2
21.8
21. 8
21.7
22.1
22.4
22.6
23.4
23.6
24.4
Noncorporate capital consumption
allowances.
Wage accruals less disbursements
14.9
15.1
15.2
15.4
15.8
16.1
16.5
16.8
16.9
16.9
16.9
17.0
17.3
17.7
18.1
18.4
0
0
0
0
0
0
0
0
.6
.6
0
0
0
0
0
Government surplus on income and product account.
5.3
4.6
4.2
5.2
3.6
1.2
1.2
-3.5
-10.5
-14.7
-13.6
-6.1
-.9
-.8
-.7
4.3
-.7
2.5
-1.3
2.6
-1.4
-1.5
-2.0
-8.1
—2.4
-12.4
—2.3
-10.8
—2.8
-4.2
-1.9
.8
-1.7
-1.0
.2
-.6
.0
5
6
7
8
-1.3
-1.3
-11.5
9
10
Federal
State and local
6.3
-1.0
5.5
-.9
4.9
-.7
6.0
-.8
11
Gross investment
70.0
70.8
72.0
73.6
72.8
72.2
73.7
66.4
57.7
55.8
61.4
67.8
69.9
77.3
70.3
75.3
69.9
.0
69.4
1.4
70.3
1.7
70.4
3.1
68.5
4.3
68.5
3.8
70.4
3.3
64.0
2.3
57.3
.4
55.7
.1
61.4
.0
68.8
-1.0
72.1
-2.3
80.4
-3.0
72.2
-2.0
77.2
-1.9
-.8
-1.0
-.3
-.5
.7
.5
-.3
1.7
3.1
1.9
.2
-1.2
-1.2
.0
12
13
14
Gross private domestic investment
Net foreign investment
Statistical discrepancy
40
-1.1
-1.0
-9.8
—1.7
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Millions of dollars]
1945
1946
1951
1952
1954
1953
1947
1948
1949
1950
44,728 29,716
27,613
41,439
39,056
42,515
50,370 53,322 54,404 55,443
29,582 15,209
4,433 9,911
7,346
13,881
13,375
15,634
9,401
11,295
13,088
16,026
17,275
13,025
18, 175
10,996
1955
1956
1957
1958
1959
1960
1961
1962
1963
Line
1964
62,082
67,848
70,549
71,742
75,875
73,885
79,845
87,877
89,526
101,692
1
18,329 16,416 15,831
11, 475 11, 271 16, 513
20,593
15,877
20, 766
14, 233
22,298
10, 761
19,080
15,882
17,042
13, 243
21,178
13,475
21,609
16,046
20,450
16,758
26, 332
19,943
2
3
-318 -1,736
-564 -5, 263 -5,899 -2, 152
1,856 -4, 965 -1,199
981
-997
-2,693
-1,539
-255
-465
192
-52
252
-440
-292
4
6,368 4,668
5,821
6,986
7,946
8,800
10,251
11,477
13, 165
14,950
17,403
18,901
20,815
22,014
23,512
24,908
26,240
30,067
31,957
33,987
5
4,895
5,221
6,449
7,561
8,604
9,542 10,944
11, 715
12,508
13, 124
14,071
15, 170
16,274
16,924
17,866
18,500
19,004
19,903
20,801
21,722
6
14
-30
15
35
-46
24
74
-22
-76
0
0
0
0
0
0
0
0
0
0
0
7
-39,493
5,416
14,401
8,547 -3,156
7,850
5,801 -3,841 -6,875 -7,038
2,722
4,873
708 -12,525
-2,055
3,682
-4,334
-2,870
1,178
-2,437
8
-42,066
2,573
3,523
1,893
13,384
1,017
8,413 -2,433 9,053
134 -723 -1,203
6,240 -3,800 -7,021 -5,930 3,992
-41
146 -1,108 -1,270
-439
5,742
-869
2,061 -10,190 -1,247
-808
-1,353 -2, 335
3,462
220
-3,812
-522
-3,806
936
269
909
-3,804
1,367
9
10
9,203 35,204 42,901
47,943
36,209 51,853
10,641 30,609 33, 984 46,014
-1,438 4,595 8,917 1,929
887 -2,043
72
3,968
59,519
35,687 54,081 59,340
522 -2, 228
179
309
1,488
3,348
66,897
71,585
71,261
60,769
73,014
76,557
74,773
85,510
90,034
98,713
11
51,932 52, 593 51, 724 67,374
-477
-279 -2,068 -434
70,016
1,569
67,850
3,411
60,901
-132
75,304
-2,290
74,826
1,731
71,699
3,074
83,018
2,492
86,871
3,163
92,876
5,837
12
13
2,093
-1,136
4
1,552
-806
-1,010
-738
503
-670
-542
4
51,653
2,172
50,525 51,290
2,996
2,885
[Billions of dollars]
1950
1952
1951
1954
1953
1955
I
II
III
IV
I
II
III
IV
I
II
ni
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
45.6
41.9
36.3
45.9
38.4
52.5
56.2
54.4
54.2
51.1
54.5
53.5
53.9
55.1
54.7
53.9
55.6
54.3
54.5
57.5
58.9
61.9
62.8
64.9
17.8
10.6
12.9
14.2
6.7
18.5
14.7
20.8
10.3
16.9
20.1
12.8
19.4
10.9
18.9
12.1
18.1
12.0
16.5
10.2
20.6
10.3
17.0
12.0
16.8
13.3
19.0
12.6
18.5
12.2
19.2
7.7
18.6
9.7
15.7
10.9
15.3
11.7
16.0
13.1
13.7
16.2
14.9
16.4
16.8
16.7
17.3
17.4
Line
-8.5
-8.7
-1.0
3.5
1.5
1.3
1.2
.7
.8
-.4
-1.6
-2.0
.0
.0
-.0
-.7
-.5
-LI
-.9
S.6
8.6
8.9
9.1
9.6
10.1
10.5
10.9
11.1
11.3
11.6
11.9
12.3
12.9
13.4
14.1
14.2
14.7
15.1
15.8
16.5
17.1
17.8
18.3
9.3
9.4
9.6
9.8
10.2
10.7
11.2
11.6
11.7
11.7
11.7
11.7
12.0
12.3
12.7
13.0
13.1
13.1
13.1
13.2
13.5
13.9
14.3
14.7
-.6
.1
.1
-.3
0
0
-.1
-.1
-.1
0
0
0
0
.1
.5
-.6
0
-11.1
-7.6
-6.5
-3.1
-.3
2.4
4.1
5.1
-6.6
-1.0
-5.0
-1.4
-1.8
-1.3
L3
-1,6
4.0
-1.6
5.0
-.9
6.0
-.9
1
-.7
-7.3
-3.3
0
0
0
.1
.2
-.1
.8
-2.2
-2.8
5.9
15.6
16.2
18.0
7.6
-.7
-1.5
-.2
-4.4
-7.2
-3.4
-5.0
-5.2
-5.6
-4.8
-1.4
7.6
-1.7
16.4
-.8
17.1
-.9
18.0
.0
8.2
-.6
.1
-.8
-1.3
-.3
.1
-.3
-3.8
-.6
-7.6
.4
-3.7
.4
-4.5
-.4
-6.2
1.0
-5.7 -11.7 -10.5
-.1 -.6
.2
42.7
49.2
52.7
62.8
58.7
63.8
60.3
55.4
56.9
47.7
49.0
53.0
52.2
52.9
51.2
45.8
47.7
49.5
51.1
56.8
62.2
66.0
68.7
70.6
1
44.0
-1.3
50.8
-1.6
55.8
-3.1
65.8
-3.0
61.0
-2.3
64.1
-.4
58.8
1.5
53.4
1.9
54.2
2.7
47.4
.2
50.9
-1.9
55.1
-2.1
54.2
-2.0
55.4
-2.5
53.2
-2.1
47.5
-1.7
48.7
-1.0
49.7
__ 11
51.9
-.8
56.6
.2
62.3
-.1
66.9
-.8
69.0
-.3
71.3
-.7
1
1
3.S
1.4
.8
.6
2.3
3.7
4.7
2.5
2.8
1.0
1.7
2.9
3.3
3.0
2.0
3.7
3.1
2.8
3.1
2.4
3o7
1.7
1.8
.6
1
-6.2
1962
1961
1960
-11.8
1964
1963
Line
I
II
III
IV
I
76.4
74.0
74.6
70.8
73.3
78.6
81.6
85.3
87.7
89.5
87.5
18.1
15.6
16.5
14.3
18.3
11.7
16.0
10.9
18.4
10.9
20.2
13.0
22.1
14.2
23.3
16.0
22.3
16.3
23.9
15.9
20.9
16.2
-.6
-.2
1.2
.5
-.1
.5
-.3
-.3
-.1
.0
.1
24.9
24.9
24.9
24.9
25.5
26.1
26.5
26.9
29.6
29.9
30.2
30.6
31.0
31.8
32.2
32.8
33.2
33.6
34.3
34.8
5
18.5
18.5
18.5
18.5
18.6
18.9
19.1
19.4
19.6
19.8
20.0
20.2
20.4
20.7
20.9
21.2
21.4
21.6
•21.8
22.1
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
.1
-.1
7
7.2
6.0
2.1
-.6
-5.4
-4.9
-4.4
-2.8
-4.5
-3.6
-1.4
-1.7
-1.6
2.6
1.7
2.4
-1.6
-6.4
-2.1
.8
8
7.1
.1
5.6
.4
1.5
.6
-.6
.1
-4.9
-.5
-4.5
-.4
-3.8
-.5
-1.9
-.8
-1.0
.4
-4.6
1.0
-2.6
1.2
-3.2
1.5
-2.5
.9
1.8
.9
.6
1.0
1.2
1.3
-2.6
1.0
-7.6
1.2
-3.6
1.5
-1.1
1.9
9
10
II
III
IV
I
II
III
I
II
86.9
85.8
87.3
90.0
18.9
16.3
18.5
15.6
18.9
16.8
19.8
17.0
.9
.2
-.9
.2
IV
III
I
II
III
IV
94.8
97.5
1102.4
101.5
105.3
1
24.4
17.7
23. 3
20.0
27.3
19.9
25.0
20.1
29.5
20.0
2
3
-.4
.0
.2
-1.0
4
IV
-1.2
82.7
77.3
75.3
71.2
68.3
73.3
76.6
80.8
82.3
85.9
87.2
87.0
84.5
88.3
90.8
96.9
95.9
95.7
98.7
103.9
11
82.5
.2
76.0
1.2
73.5
1.8
67.6
3.7
64.3
4.0
70.2
3.0
74.2
2.4
77.9
2.8
80.6
1.7
82.8
3.2
84.3
2.8
84.7
2.3
82.6
1.8
84.8
3.5
87.9
2.9
92.4
4.5
89.7
6.1
90.9
4.8
92.6
6.1
97.7
6.2
12
13
-.9
-2.7
1.1
.3
-.4
-.6
.0
1.1
1.9
..2
-.3
0
-.3
-.7
-2,2
14
-1.5
-1.8
-1.0
-1.6
-1.0
41
Table 12.—National Income
[Millions of dollars]
Line
1
All industries, total
2 Agriculture, forestry, and fisheries
3
Farms _ __
_
4
5
6
7
g
9
10
Agricultural services, forestry, and fisheries
Mining
.
...
Metal mining
.
Anthracite mining
BitviTmlnoiiS and othar soft fioal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying—
11
Contract construction _
12
Manufacturing
13
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
_
_
-- __
..
Food and kindred products
Tobacco manufactures
Textile mill products
-- - Apparel and other finished fabric products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
-- Leather and leather products
Durable goods
---
-
-
-
_ _
Lumber and timber basic products _
Furniture and finished lumber products
Stone, clay and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products
Machinery except electrical
Electrical machinery
Transportation equipment except automobiles
25
26
27
28
29
30
31
32
33
34
35
__
__
Nondurable goods
14
15
16
17
18
19
20
21
22
23
24
__ _
Avjtnninbiles HTid Rntf>TTinbilft
__
__
fiqnipmp.nt
Miscellaneous manufacturing
__
Transportation
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing
Water transportation
Air transportation
Pipeline transportation
_
Services allied to transportation
Communication
Telephone telegraph and related services
Radio broadcasting and television
dec trie, gas, and sanitary services
-
Utilities' electric and gas
Local utilities and public services, n.e.c
__ -
Wholesale and retail trade
--
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
__ •
Banking
Security and commodity brokers, dealers, and exchanges
Finance n e e
Insurance carriers
Insurance agents and combination offices
Real estate
Services
-
-- --
Hotels and other lodging places
Personal services - Private households
Commercial and trade schools and employment agencies
Business services n e e
Miscellaneous repair services and hand trades
Amusement and recreation except motion pictures
Medical and other health services
Legal services
Engineering and other professional services n e e
Educational services n e e
Nonprofit membership organizations, n.e.c --
- - - -
Government and government enterprises
Federal
General government
Government enterprises
State and local
_
General government
Government enterprises
Rest of the world
42
_________
-
-
-.
-
-- -
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
86, 795
75, 382
59, 669
42, 785
40,312
49, 515
57, 208
65, 013
73 650
67 372
8, 473
6,400
5,165
3,506
3,872
4,236
6,650
5,749
7 597
5 945
8,278
195
6,218
182
4,997
168
3,373
133
3,749
123
4,116
120
6,507
143
5,610
139
7,412
185
5 779
166
2,101
1,660
1,547
1,990
1,544
960
681
628
1,145
1,217
466
283
649
276
281
533
107
228
377
23
151
245
39
130
260
125
172
419
166
139
' 446
262
145
534
453
137
600
277
120
457
499
204
377
193
137
111
210
52
157
42
358
71
383
83
490
116
657
143
584
106
3,835
3,199
2,220
1,081
788
1,118
1,342
2,042
2,104
2,005
21, 945
18,296
12,482
7,334
7, 705
11, 100
13, 390
16, 294
19, 450
15, 151
10, 642
9,761
7,525
5,248
4,944
6,488
7,313
8,224
9 591
8 407
2,128
256
1,793
1 270
558
1,588
1 123
959
365
602
2,392
299
1,406
1,013
502
1,503
1,034
836
282
494
1,865
325
1,151
821
387
1,224
831
291
238
392
1,420
316
720
516
269
890
566
117
122
312
1,358
152
708
561
290
809
626
55
110
275
1,637
159
1, 114
808
418
949
733
111
140
419
1,895
211
1,209
867
460
1, 050
811
211
217
382
2,096
142
1,365
987
503
1,183
963
339
216
430
2,418
202
1,607
1,009
564
1,259
1,168
604
294
466
2,268
229
1,101
932
572
1,146
1,008
538
207
406
11, 303
8,535
4,957
2,086
2,761
4,612
6,077
8,070
9,859
6,744
136
182
215
699
160
426
279
80
382
202
282
283
338
1,103
385
739
383
131
649
319
342
341
415
1,491
463
1,016
529
143
929
408
459
441
580
2,072
558
1,399
712
236
1,154
459
570
507
655
2,604
701
1,761
914
337
1,299
511
438
422
507
1,611
440
1,251
665
268
699
443
126
211
131
421
204
304
250
99
168
172
859
675
802
2,959
759
1,891
1,047
320
1,384
607
620
506
616
2,209
637
1,483
826
293
841
504
285
372
444
1,116
416
757
508
151
561
347
6,605
5,594
4,363
3,216
3,038
3,419
3,693
4,266
4,635
4,054
4,561
824
566
266
_3
129
262
3,746
765
544
216
-10
105
228
2,816
633
487
173
4
81
169
1,974
512
429
127
10
56
108
1,861
450
423
153
10
47
94
2,059
485
473
178
8
103
113
2,236
478
533
200
14
106
126
2,618
534
594
243
22
107
148
2,802
546
661
293
26
130
177
2,369
499
661
206
30
120
169
1,128
1,092
1,000
812
702
771
807
884
984
1,007
1,100
28
1,083
9
984
16
791
21
688
14
739
32
770
37
831
53
918
66
942
65
1,638
1,644
1,598
1,463
1,287
1,419
1,439
1,556
1,716
1,691
1,560
78
1,569
75
1,541
57
1,402
61
1,229
58
1,353
66
1,376
63
1,493
63
1,651
65
1,629
62
13, 511
12,357
9,911
6,532
5,625
8,310
9,408
10,768
12,354
12,096
4,261
9,250
4, 085
8,272
3,221
6,690
2,201
4,331
1,810
3,815
2,545
5,765
2,972
6,436
3,287
7,481
3,971
8,383
3,845
8,251
12, 813
10, 707
8,761
6,956
5,877
5,641
5,988
6,652
7,251
7,744
2,018
726
169
849
421
8,630
1,641
97
— 14
775
402
7,806
1,206
-45
—42
696
366
6,580
915
100
—71
564
328
5,120
692
191
— 11
552
289
4,164
539
214
10
636
315
3,927
662
227
66
709
330
3,994
775
346
125
785
347
4,274
893
241
140
886
386
4,705
844
190
214
908
383
5,205
8,843
8,371
7,236
5,661
5,141
5,782
6,183
6,847
7,514
7,225
623
1,287
1,718
40
568
315
440
379
1, 536
689
206
402
640
577
1, 218
1,485
38
568
306
438
336
1,476
683
184
413
649
465
1,040
1,148
31
450
276
361
268
1,306
701
152
412
626
335
814
836
22
363
228
194
177
1,037
591
102
393
569
291
707
733
20
338
191
210
154
948
561
98
363
527
361
790
851
23
432
203
283
197
1,036
600
113
361
532
383
865
912
29
483
218
329
211
1,115
624
121
365
528
418
962
1,017
32
578
230
391
253
1, 253
647
144
376
546
473
1, 113
1,190
39
610
247
437
305
1,323
680
156
394
547
460
1,028
1,026
34
601
259
426
266
1,330
666
164
409
556
5,093
5,316
5,426
5,150
5,326
6,271
6,724
8,108
7,772
8,524
1,649
1,164
485
3,677
3,531
146
2,234
1,694
540
4,037
3,884
153
2,382
1,768
614
4,342
4,178
164
4,232
3,570
662
3,876
3,696
180
3,688
3,013
675
4,084
3,889
195
4,203
3,505
698
4,321
4,121
200
323
303
367
300
283
386
1,460
879
581
3,633
3,456
177
1,499
915
584
3,817
3,630
187
1,503
921
582
3,923
3,737
186
1,424
880
544
3,726
3,565
161
810
746
547
393
by Industry1! Annually 1929-48, 1948-64
[Millions of dollars]
All Industries, Total
-
- - ._
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and
fisheries
_-__ _ __
1939
1940
72,564
81, 124
104,222
137, 065
170 322
182 592
181 485
181 879
199 018
224 178
1
6,026
6,141
8,401
12, 166
14 398
14 495
15 204
18 237
18 861
21 528
2
5, 854
172
5,967
174
8,200
201
11, 911
255
14 119
279
14 164
331
14 841
363
17 823
414
18 397
'464
20 974
554
3
4
1,633
1, 932
2, 360
2,588
2 764
2 960
2 794
3 Oil
4 241
5 380
5
345
125
503
443
137
624
505
165
806
581
192
990
498
214
1,133
403
238
1 264
334
218
1 194
287
286
1,249
491
304
1 828
610
346
2, 103
6
7
8
529
131
576
152
678
206
571
254
668
251
825
230
819
229
882
307
1 233
385
1 867
454
9
10
Mining
]VJ"fital mining
Anthracite mining
Bituminous and other soft coal mining.
Crude petroleum and natural gas.
Nonmetallic mining and quarrying
__
__
_.
Contract construction Manufacturing
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
_
_
Apparel and other finished fabric products _.
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Kubber products..
Leather and leather products
Durable goods
Lumber and timber basic productsFurniture and finished lumber products., _
Stone, clay, and glass products
Iron and steel and their products, including ordnance
Nonferrous metals and their products Machinery, except electrical .
Electrical machinery
__
Transportation equipment, except automobiles.
Automobiles and automobile equipment _
Miscellaneous manufacturing...
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing
Water transportation
__
Air transportation
_
_
Pipeline transportation
Services allied to transportation
._
Communication
...
Wholesale and retail trade
.
6,491
5,477
4 146
4 292
6 498
8 425
10, 612
11
58 253
60 331
52 186
49 134
59 496
67 571
12
9,093
10, 314
12, 894
16, 584
19 647
21 006
21 222
24 864
28 035
32 123
13
2,302
309
1,267
1,043
555
1 221
1 203
480
280
433
2, 480
267
1,515
1,152
664
1,264
1 492
691
324
465
2,763
230
2,072
1,476
1,029
1,375
1,943
889
496
621
3,706
190
2,856
1,937
1,123
1,445
2,776
1,174
597
780
4,402
192
3 017
2 424
1 256
1 748
3 350
1 499
899
860
4,954
284
2 965
2, 707
1 347
2 030
3 350
1 465
1 020
884
5,005
236
3 012
2,915
1 339
2 235
3 216
1 410
929
925
6,644
418
5,180
3,504
2 346
3,304
4 451
3 941
1, 089
1,246
14
15
16
17
18
19
20
21
22
23
9 001
12, 167
20, 317
28,853
38 606
39, 325
30, 964
24,270
503
507
666
918
784
1, 072
5,082
1,206
3,847
1,897
2,267
2,349
895
1,099
883
1, 174
6, 898
1,493
5,396
2,475
6,217
2, 009
1,209
1 144
522
601
563
761
3,081
792
2 180
1, 136
816
1,599
638
1 <V77
1 158
1,028
1,136
9 044
1,935
5 819
3 720
12, 465
1 401
1 619
1 086
1,052
1, 146
7 388
1,686
5 087
3 056
7,742
1 116
1,605
1 487
1,369
1, 570
5 574
1,779
4 767
2, 385
1, 700
1 964
1,675
4 643
5,039
6 302
8,604
10 7Q1
11 243
10 536
10, 341
11, 594
12 793
35
9 734
3 774
582
5,566
904
1,190
425
113
117
289
a QCQ
1 918
1 313
fQfi
2 939
526
819
336
57
131
231
6 892
1 293
1 359
857
175
145
522
5 995
1,305
1 404
989
192
131
520
5 452
1, 501
1 714
823
216
128
507
6,271
1, 482
2 Oil
812
247
157
614
7 124
1,457
2 315
815
307
194
581
36
37
38
39
40
41
42
1 071
1,111
1 993
1,474
I
con
1 822
1 929
2 182
2,300
2 817
43
QQQ
7fi
1 020
91
1 1 31
1
KAA
Q9
1 365
109
1 qo
1 647
175
1 743
186
1 977
205
2 073
227
2 563
254
44
45
1 766
1,925
o nftfi
2,187
2 243
2,227
2,290
2,614
2, 791
3, 174
46
1 7H9
9 fi14
79
2 115
72
9 1R4
R4
1 858
' 67
70
o 144
83
2 202
' 88
2 520
94
2 687
104
na
na
47
48
12 604
14, 460
17 411
20, 423
23 882
25,768
28, 010
34, 604
37, 551
41, 674
49
87A
a8 798
4 500
9*960
A O93
1 9 1 3H
6 223
14 200
f C QKQ
7 647
18 121
8 244
19 766
10 448
24 156
11 679
25, 872
13 083
28 591
50
51
7 QQ1
8 301
Q 97Q
10 730
n
12 303
12 983
15 318
16, 143
18 329
52
con
1 OQA
148
99ft
Qft3
fi 4fi8
1 186
105
362
983
468
7 626
1
390
K 450
980
186
186
872
405
5,672
1 658
223
271
1 028
*529
8 594
1 824
388
267
1 021
568
8 915
2 228
394
45
1 397
750
10 504
2 310
217
—5
1 468
858
11, 295
2 543
282
—99
1 919
'947
12 737
53
54
55
56
57
58
7 lltlA
8 026
8
CR7
10 268
n
7QA
13 158
14 128
16 670
18 093
19 537
59
485
585
675
1 552
1*480
112
829
419
652
388
1 806
793
385
461
716
878
34
642
261
434
288
1 381
692
181
415
556
532
1 154
1 221
34
668
261
448
310
1 463
719
193
424
599
990
2 015
1 890
134
1 056
701
882
507
2 341
874
320
532
916
1,087
2 121
2 145
72
1 182
703
929
613
2 459
930
335
569
983
1, 320
2 561
2 123
' 90
1 483
837
1 128
815
3 025
957
480
658
1,193
1, 289
2 640
2 350
113
1 641
934
1 045
796
3 542
1, 036
589
810
1, 308
1,341
2 840
2*363
133
1 859
934
902
830
4 020
1,176
782
865
1, 492
60
61
62
63
64
65
66
67
68
69
70
71
72
743
oon
..
44
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers, and exchanges
Finance, n.e.c
_
Insurance carriers
Insurance agfmts and combination offices ~
Real estate
...
_ ._
9fl4
.
Services
Hotels and other lodging places
._
Personal services
Private households
Commercial and trade schools and employment agencies
Business services, n.e.c
Miscellaneous repair services and hand trades
..
.
Motion pictures
Amusement and recreation , except motion pictures
Medical and other health services
Legal services
_ ._
Engineering and other professional services, n,e.c „ , .
.„., J t ,^,
Educational services, n.e.c
Nonprofit membership organizations, n.e.c
Government and government enterprises
Federal
____.._
General government
Government enterprises
.
State and local ^, ^^
-_^ .-..^
^
Genaral government^
_ _ _ ' -,„'
Government enterprises
Rest of the world
_
^
„„„
r
_ „
^ ...
_,„ __„„„_
163
QO4
1
1
fJKQ
139
1 097
432
77
•\AR
naK
£
<J7£
444
•I
OQO
1 940
57
781
350
513
368
1 ^7^
763
264
439
640
OKI
1 194
Q
1
K
3
19
1
071
Q45
097
3^7
107
333
KQK
190
41fi
1
fiOf
4ftfi
9flQ
9SO
09fi
488
8 222
1 8QQ
I fififl
159
916
610
830
436
1 988
814
344
503
819
5,542
320
4,008
3, 365
1 716
2, 705
3 278
1 764
1,083
1,083
5,819
356
4 655
3,398
2 221
3 061
3 768
2 504
1 134
1,119
31, 461
1 985 }
1,524
1,864
7 581 }
1, 956
6 217
3, 463
1, 528
3 561
1,782
35, 448
2
4, 040
2,140
12, 653
7 030
3 651
1,883
4 051
(2)
24
25
26
27
28
29
30
31
32
33
34
8 523
8,762
10 500
16 332
27 037
33 ,716
36,764
22,699
18,699
19,772
73
4 133
3* 41 4
719
4 390
4*185
205
4,235
3 489
746
4,527
4,289
238
5 835
5 027
808
4 665
4 388
277
11 563
10,645
918
4 769
4 473
*296
22 038
20* 899
1*139
4 999
4* 663
336
28, 438
27 250
1 188
5, 278
4,938
:340
31,034
29 786
1,248
5,730
5,370
360
16,100
14, 606
1,494
6,599
6, 177
422
10, 863
9, 395
1,468
7, 836
7,320
516
10,613
8,936
1,677
9,159
8,502
657
74
75
76
77
78
79
313
357
363
365
367
423
369
571
824
991
80
N.e.c.—Not elsewhere classified.
i The industrial classification for 1929-48 is based on the 1942 Standard Industrial Classification System; that for 1948-64 is the 1957 Standard Industrial Classification. Thus, estimates
Line
45, 437
515
.
1948 i
4,219
1 183
Utilities i electric and gas
Local utilities and public services, n e e
1947
33, 211
593
..
1946
2,589
Telephone, telegraph, and related services ._
Radio broadcasting and television
Electric, gas, and sanitary services
1945
22, 481
858
399
.
1944
1943
2,342
1 4Qfi
_
1942
18, 094
9 974.
Transportation
1941
for 1948 are shown by both classifications so that users may gage the comparability of data
for2 the earlier and later periods.
Miscellaneous manufacturing is included with iron and steel and their products, including
ordnance, and nonferrous metals and their products.
48
Table 12.—National Income
[Millions of dollars]
Line
I
2
3
4
5
6
7
g
9
All industries, total
Agriculture forestry , and
fisheries
Agricultural services, forestry, and
Mining
-
fisheries
- -
1949
1950
1951
1952
1953
1954
1955
224 178
217, 494
241,074
277,978
291,380
304 734
303 138
331 018
21 623
16, 593
17, 601
20,104
19 211
17 156
16 443
15 430
20,974
15, 922
16,883
671
718
19, 316
18, 356
16, 284
15 515
14 500
5,434
4,543
5,249
5,741
5,498
5 439
5 252
5 881
649
-
-
19481
-
788
855
872
928
930
651
745
1,715
1,881
1,997
2,062
2,114
2,260
1,830
2,357
785
732
2.449
1,921
1,707
2 286
1,301
2 508
10, 612
10,534
11,901
14,099
15,204
15 586
15 572
16 640
68,707
64,767
76,223
90,230
92,490
100,355
94,583
107 868
12
32,886
30,532
33, 345
38, 391
38,229
40,292
39, 687
44 025
13
14
15
7,621
7,445
7,723
8,174
8,856
9,302
9,416
10 300
5,030
4,011
4,401
5,047
4,462
4,287
3 701
4 183
3,598
2,349
3,426
2,180
3,524
2,703
3,916
3, 382
4,021
3,146
4,158
3,331
3 956
3,404
4 198
3 805
610
Crude petroleum and natural gas
__.
Mining and quarrying of nonmetallic minerals
454
10
11
Manufacturing.
Tobacco manufactures..
Textile mill products
,
.
- .- --
Apparel and other fabricated textile products
16
17
18
Printing publishing, and allied industries
19
20
21
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastic products
418
- -
-
-.
--
22
23
Durable goods
-
-
482
465
495
539
468
622
546
678
633
586
661
702
711
691
931
1 448
2 708
*794
706
3,353
3,499
3,687
3,926
4,183
4, 530
4,709
5 137
4 107
3,893
1,263
4,149
3,059
1,150
4,944
3,457
1,313
5,990
4,142
1, 921
5,775
3,833
2,009
6,090
4,458
2,071
6 236
4,448
1,774
7 352
4,784
2,166
1,254
1,118
1,125
1,347
1,358
1,363
1,352
1,394
35, 821
34, 235
42,878
51, 839
54, 261
60,063
54,896
63,843
2 776
1,189
2,288
2 334
1,162
2,238
2,953
1,399
2,802
3, 332
1,533
3,190
3,106
1,599
3,006
3,034
1, 612
3,320
2,882
1, 552
3,367
3,385
1,802
4,040
$144
4,353
6,322
5,622
3,972
5,749
7,394
5,062
6,614
9,361
6,015
9,133
8,239
5,947
9,953
9,698
6,563
10,038
8,001
6,255
9,131
10, 493
6,960
9,621
7,326
6,933
6,686
6,678
7,124
6,617
24
25
26
Lumber and wood products except furniture
Furniture and
fixtures
Stone clay and glass products. _
-
27
28
29
Primary metal industries
Fabricated metal products ..
Machinery except electrical
30
31
Electrical machinery „ __
Transportation equipment and ordnance, except motor vehicles
4,030
2,052
3,793
2,088
4,822
2,259
5,756
3,774
6,581
5,794
32
Motor vehicles and motor vehicle equipment -
4 026
4,796
6,582
6,302
6,375
7,582
6,441
9,553
1,038
1,603
1,019
1,462
1,268
1,723
1,618
1,825
1,826
1,835
2,007
1,950
2,019
1,884
2,169
2,079
12,793
12,050
13,362
14,946
15,485
15,833
14,613
15,935
7,124
1 463
2,315
6,362
1,407
2,392
7,073
1,398
2,826
7, 772
1,499
3,114
7,897
1,541
3,401
7,686
1,521
3,822
6,547
1,476
3,860
7, 102
1,484
4,322
1,066
989
391
205
304
1,029
1,332
1,308
1,397
1,238
1,420
344
194
287
2,817
3,034
3,346
3,866
4,280
4,757
5,061
5,657
2,563
2,771
3,029
3,845
4,276
4,519
5,016
263
317
3,475
3,174
3,650
3,910
4,548
5,049
5,430
5,924
6,218
39,861
39,035
40,943
45,091
46,680
47,264
48,251
52,270
12, 857
27,004
12, 187
26,848
13,307
27, 636
15,376
29,715
15,593
31,087
15,777
31, 487
15,825
32,426
17,841
34, 429
18,365
19, 781
22,005
24,058
26,469
29,291
31,959
34,105
2,543
-111
2,705
—152
3,037
-213
3,820
-229
4,232
-246
4,467
-156
4,777
-134
311
415
3,485
-219
1,919
2,345
2,208
2,671
3,088
1,192
20,549
26,811
1,592
3,416
2,484
1,012
3,301
1,330
22,335
27,762
1,623
3,500
2,672
1,034
3,260
1,372
24,025
31, 131
1,717
3,661
3,011
1, 172
5,801
1,606
1,300
2,310
1,934
2,690
35,509
21,040
18,614
2,426
14, 469
13, 306
1,163
1,303
1,039
5,874
1,758
1,405
2,486
2,026
2,570
36,102
20, 220
17,805
2,415
15,882
14,669
1, 213
1,616
33
34
35
-
-
-
Miscellaneous manufacturing industries
-
-
Transportation
36
37
38
Railroad transportation
.
Local suburban and highway passenger
Motor freight transportation and warehousing
39
40
41
42
Water transportation _
Air transportation
Pipeline transportation
Transportation services
--
.
-
..
-
>
43
44
45
Telephone and telegraph.- _
254
46
47
48
49
50
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
.
-----
..
51
Credit agencies holding and other investment companies
52
53
Security and commodity brokers
54
55
Insurance agents, brokers, and service
.56
Real estate
..
57 Services
,
58
Hotels and other lodging places
59
Personal services
-60
Miscellaneous business services
61
Automobile repair automobile services, and garages
62
63
64
Amusement and recreation services except motion pictures
65
Medical and other health services
66
Legal services .
- .
67
Educational services
68
Nonprofit membership organizations
.
69
Miscellaneous professional services
70
Private households
71 Government &nd government enterprises
72
Federal
...
73
General government
.
74
75
State and local 76
General government ._
77
Government enterprises
78 Rest of the world
44
--
292
-
-_
428
435
444
13,871
20,469
1,362
2,908
1,474
15, 734
21,768
1,388
3,021
1,684
17, 154
23,540
1.464
3,164
1,945
908
701
902
830
841
648
885
803
864
665
866
788
932
750
877
820
958
812
869
880
4,827
1,455
1,170
1,971
1, 504.
2,661
30,418
18, 402
16, 256
2,146
12, 016
11, 136
5,273
1,515
1,222
2,096
1, 776
2,614
34,669
21,364
18,925
2,439
13,305
12,225
1,080
1,202
972
...
391
652
294
392
13,045
20,029
1,341
2,840
1,439
3,925
1,176
-
582
284
363
2,631
1,084
18, 719
25,053
1,557
3,277
2,204
677
-
474
259
303
1,492
1,140
2 363
19,772
10, 613
8,936
1,677
9,159
8,502
657
991
701
4,045
1,257
1,040
1,686
1,164
2,356
22,033
11, 886
10, 027
1,859
10, 147
9,422
824
4,412
1,344
1,109
1,803
1,252
2,572
23,602
12,699
10, 760
1,939
10,903
10,124
725
779
1,005
1,164
539
880
1,337
722
288
397
481
476
833
849
984
785
297
410
542
682
822
953
877
293
437
641
805
873
979
1, 121
7,097
1,926
1, 524
2,675
2,324
3, 051
38,087
20,980
18,387
2,593
17,107
15,807
1,300
1,796
by Industry s * Annually 1948-64
[Millions of dollars]
All industries, total,
Agriculture, forestry, and
fisheries
-
- ..
Farms
-Agricultural services forestry, and fisheries
» .
-
..
Contract construction
_
_.
.
Nondurable goods
-
Food and kindred products
Tobacco manufactures
Textile mill products
-
-
1959
1960
1961
1962
1963
1964
350,799
366,096
367,762
400,025
414,522
427,341
457, 687
481, 110
514,389
1
15 484
15,509
17, 910
16,035
16 852
17 932
18 455
18 596
17 606
2
14,530
14, 563
16, 941
15,070
15, 857
16 898
1 034
17. 301
1 154
17 456
1 140
16 422
1 184
3
4
6 558
6,504
5 697
5 523
5 732
5 747
5 653
5 971
6 233
5
1,030
1,745
2,916
907
1,764
3,008
716
587
817
855
1,253
2,734
1 183
2,850
758
807
882
6
7
8
9
18,525
19,276
18,991
20,476
20,810
21,477
22,834
24, 117
26 151
113,072
116,251
107,741
124,040
125.822
125 051
136 988
143 817
154 662
10
11
46 239
46, 374
45, 715
51 103
52 208
52 757
55 609
57 735
61 893
12
10,352
10, 674
11,098
11, 943
4,263
4,050
3,868
4,477
981
12, 225
1,017
4,488
12, 537
1 055
4,242
12, 832
1 136
4 664
13,284
1 216
4, 722
14 355
1 215
5 252
13
14
15
4,485
4,293
4,424
4,118
4,412
4,061
4,732
4,602
4,953
4,707
5 058
4,856
5 489
5,112
5 654
5 177
6 098
5 479
16
17
750
____
Apparel and other fabricated textile products
Paper and allied products
Printing, publishing, and allied industries
-
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastic products
Leather and leather products
1958
867
Mining and quarrying of nonmetallic minerals
Itfflanufacturing
1957
954
Mining
Metal mining
Coal mining
1956
.
.
946
825
814
969
1,393
2,791
797
878
965
1,306
2,772
858
995
928
859
1 141
2,811
943
1 211
2, 928
1 025
Line
1 274
2 981
1 096
5,478
5,798
5,727
6,277
6,655
6,755
7,119
7,377
8 019
18
7,615
5 084
2,427
7,981
4,526
2,485
7,820
4 071
2,371
9,172
4 597
2,766
9, 159
4 586
2,809
9 418
4 501
2 811
9,910
4 489
3,172
10 486
4 805
3 303
11 291
4 814
3*579
19
20
21
1,492
1,504
1,409
1,556
1,609
1 791
22
66,833
69, 877
62,026
72, 937
73, 614
72, 294
81, 379
86,082
92, 769
23
3,424
1,923
4 194
2,973
1,933
4,156
2,929
1,801
4,075
3, 454
2,067
4,765
3,255
2,092
4,640
3 048
2,065
4 540
3,289
2,260
4 748
3,537
2,350
5 048
3 962
2,578
5 394
24
25
26
11,291
7,383
11, 356
11, 787
7,769
11, 518
9,514
7,209
9,877
10, 895
8,088
11, 765
11, 103
8,113
11, 861
1C, 238
8 112
11, 799
10, 937
8, 798
13, 307
11,440
9 239
13, 969
12,655
10 130
15 839
27
28
29
Electrical machinery -Transportation equipment and ordnance, except motor
vehicles.
Mo tor vehicles and motor vehicle equipment
,
7 972
7,322
8,732
8,542
8 411
8,201
10,160
8,430
10 469
8,270
10 887
8, 586
12 086
9,828
12 364
10, 316
12 793
10, 566
30
7 377
7,802
5 401
8,069
8,532
7 595
10 314
11 732
12 287
32
Instruments
-Miscellaneous manufacturing industries
2 423
2 168
2 501
2 164
2 476
2 132
2,902
2 342
2 954
2 325
2 982
2 442
3 265
2 547
3 488
2 599
3 773
2 792
33
34
16 974
17 407
16 569
18 252
19 060
19 865
21 027
Durable goods
„__
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
-
Transportation
Railroad transportation
Motor freight transportation and warehousing
Water transportation .
Air transportation
Transportation services
1 686
1 711
31
35
17 903
18 177
7,549
1 481
4 637
7,503
1 542
4 890
6,746
1 520
4 960
6,941
1,598
5 697
6,718
1,639
5 840
6, 475
1 678
6 051
6,438
1,703
6 588
6, 579
1 724
6 941
6,696
1 786
7 476
36
37
38
1 552
1 626
1 025
1 423
1 113
1,522
1 283
1 654
1 400
1 655
1 443
1,724
1 664
1 803
1 877
1 945
2 127
39
40
41
42
972
313
470
Communication
1 524
321
500
329
478
375
505
355
571
357
593
340
603
327
614
332
665
6 156
6,653
7 005
7,709
8 237
8.640
9,284
9,827
10, 610
43
5 459
5 924
6 236
6,857
7 304
7 738
8,253
1, 031
8 690
1,137
9,351
1,259
44
45
6 639
6,995
7 433
8,135
8 934
9,351
9,739
10, 239
10,833
46
54 806
57 243
58 246
63, 332
64 396
66,249
70,328
73, 285
78, 128
47
19, 326
35 480
20, 314
36 929
20,754
37 492
22, 710
40, 622
23, 126
41 270
24, 243
42 006
25, 505
44,823
26,688
46, 597
28,512
49 616
48
49
Finance, insurance, and real estate
35 929
38 160
40 874
43, 771
45 940
48 072
50, 730
53,213
57 048
50
Banking...
.
__
_ _
Credit agencies, holding and other investment companies
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service..
..
Real estate
Services...
Hotels and other lodging places
_.
Personal services
Miscellaneous business services
Automobile repair, automobile services, and garages
Miscellaneous repair services
-Motion pictures T
Amusement and recreation services, except motion picturesMedical and other health services
_
Legal services
Educational services
Nonprofit membership organizations
Miscellaneous professional services
Private households
.
Government and government enterprises.
..
Federal
Genera,! gnvftrnmftiit
Government enterprises
State and local
General government
Government enterprises
..
5 363
-126
866
3 062
1 513
25 251
33 896
1 812
3 916
3 493
1 336
'973
5,614
32
935
3 231
1,635
26 713
36 458
1,905
4 195
3 843
1 322
1 037
6 006
-317
1,192
3 941
1,739
28 313
38 381
1,885
4 236
4 088
1 445
899
993
828
6,640
-402
1,391
4 299
1,838
30, 005
41, 664
2,048
4,462
4 735
1 616
1 072
7,330
-496
1,656
4 946
2,028
32 608
47, 047
2,134
4 795
5 541
1 824
1 181
7,320
-333
1,513
5 064
2,175
34, 991
50, 678
2,270
5 036
6 122
2 017
1,227
7,406
-619
1,587
4 790
2,230
37 819
54, 071
2,403
5,370
6 594
2 150
1,313
1,235
8 275
2 131
1 887
3 120
3 287
3 322
43,445
22 525
19,608
2 917
20 920
19 520
1,400
2,195
1,369
9 046
2 231
2 040
3 378
3 339
3,503
46,885
23,841
20, 591
3 250
23 044
21 524
1,520
2,030
1,492
9,967
2 488
2 163
3 567
3,593
3,553
49,266
24, 380
21,030
3,350
24 886
23 280
1,606
2,171
7 276
-435
1 243
4 641
1 948
31 267
44 371
2 111
4 608
5 093
1 762
l' 105
*894
1,661
10 724
2 636
2 402
3*815
3 761
3 799
52,891
25 524
21, 868
3 656
27 367
25 615
1,752
2,360
1,789
11,475
2 982
2 660
3 Q89
4,011
3,733
56,591
26 773
22, 925
3 848
29 818
27 975
1,843
2,932
1,849
12,609
3 162
3 010
4 298
4,385
3,803
60,670
28, 347
24, 277
4 070
32 323
30 391
1,932
3,268
1,984
13, 485
3 416
3 353
4,531
4, 696
3,824
64,792
29, 676
25,261
4 415
35, 116
32, 961
2,155
3,317
8,215
-1,003
1,808
5 043
2,349
40,636
58,006
2,588
5,663
7 335
2 306
1,388
1,019
2,102
14, 502
3 604
3 697
4,865
5,027
3,910
70,000
31, 895
27, 189
4,706
38, 105
35, 691
2,414
4,085
Telephone and telegraph
Radio broadcasting and television
Electric, gas, and sanitary services.
_
_
_
697
..
Wholesale and retail trade
Wholesale trade
Retail trade
Rest of the world
...
949
1,196
7 530
1 979
1 723
2 873
2 850
3 266
40,685
21 759
19, Oil
2 748
18 926
17 585
1,341
2,075
729
i The industrial classification for 1929-48 is based on the 1942 Standard Industrial Classification System; that for 1948-34 is the 1957 Standard Industrial Classification. Thus, estimates
769
852
908
933
902
933
890
952
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
for 1948 are shown by both classifications so that users may gage the comparability of data
for the earlier and later periods.
45
Table 13.—Personal Consumption Expenditures by Major Types Annually,
[Billions of dollars]
Line
1
2
3
4
5
6
7
g
9
10
11
12
13
14
15
1929
Personal Consumption ExpendituresDurable goods
Automobiles and parts
Furniture and household equipment...
Other
Nondurable goods
Food and beverages
Clothing and shoes
Gasoline and oil
Other
_.
._
Services
Housing
Household operation
Transportation _ Other
1930
1931
1932
1933
1934
1
2
3
4
5
Personal Consumption Expenditures.
Durable goods
.-
-.
Autoipobilfls ?vnd pfwts
Furniture and household equipment. _ .
Other .
6 Nondurable goods
7
g
9
10
11
12
13
14
15
Food and beverages
Clothing and shoes
Gasoline and oil
Other
-
__
Services
Housing
_
Household operation
TYamsportatflon
Other
_
-
2
3
4
5
6
7
g
9
10
11
12
13
14
15
Consumption
Durable goods
Expendi-
_-
Automobiles and parts
Furniture and household equipment
Other
--Nondurable goods
Food and beverages
Clothing and shoes
Gasoline and oil
Other
:
Services
Housing
Household operation
Transportation
Other
1938
1939
1941
1940
1943
1942
1944
69.9
60.5
48.6
45.8
51.3
55.7
61.9
66.5
63.9
66.8
70.8
80.6
88.5
99.3
108.3
7.2
5.5
3.6
3.5
4.2
51
6 3
6 9
57
6 7
78
96
6 9
6 6
67
3.2
4.8
1.2
2.2
3.9
1.1
1.6
3.1
0.9
0.9
2.1
.6
1.1
1.9
0.5
1.4
2.2
0.6
1.9
2.6
0.7
2.3
3.2
08
2.4
3.6
10
16
3.1
09
2 2
3.5
10
2 7
3.9
1i
34
4.9
14
07
4.7
16
08
3.9
19
08
3.8
22
37 7
34.0
29.0
22.7
22 3
26.7
29 3
32 9
35.2
34 0
35 1
37 0
42 9
50 8
58o6
64.3
19.5
9.4
1.8
7.0
18.0
8.0
1.7
6.3
14.7
6.9
1.5
5.7
11.4
5.1
1.5
4.8
11 5
4.6
1.5
4.6
14.2
5.7
1.6
52
16 2
6 0
1.7
54
18 4
66
1.9
59
19
6
2
6
18
6
2
6
9
8
1
2
19 1
71
2 2
6 7
20
7
2
7
23
8
2
8
4
8
6
0
28 4
11 0
21
93
33 2
13 4
13
10 6
36 7
14 6
1.4
11 7
30.3
28.7
26 0
22.2
20.1
20 4
21 3
22 8
24 4
24 3
25 0
26 0
28 1
30 8
34 2
37 2
11.5
4.0
2.6
12.2
11.0
3.9
2.2
11.5
10.3
3.5
1.9
10.3
9.0
3.0
1.6
8.6
7.9
2.8
1.5
7.9
7.6
3.0
1.6
8.2
7.7
3.2
17
8.7
8.0
3.4
19
9.5
85
3.7
20
10.2
89
36
19
99
91
38
2 0
10 1
9
4
2
10
10 2
4.3
24
11 2
11 0
48
27
12 3
11 5
5.2
34
14 0
12 0
5.9
37
15 6
II
III
IV
9
8
1
3
1947
2
4
3
1
4
0
1
4
I®18
I
II
III
IV
I
II
III
IV
134.3
139.3
147.9
152.1
155.0
158.9
162.5
12.6
14.7
17.0
18.7
19.3
19.9
20.4
2.4
7.2
3.1
3.2
8.2
3.2
4.5
9.2
3.3
5.7
9.7
3.3
6.0
10.1
3.3
6.2
10.5
3.3
19 49
I
II
III
IV
I
166.5
169.1
172.8
175.7
176.6
175.4
176.8
176.2
178.8
21.9
21.9
22.3
23.4
23.1
22.5
24.4
25.3
26.3
5.9
11.1
3.3
68
11.8
3.3
7.3
11.3
3.3
69
12.0
3.3
76
12.4
3.4
80
11.7
3.4
8.4
10.9
3.3
10 2
10.9
3.3
10.4
11.8
3.1
10.5
12.7
3.2
78.6
80.2
84.8
85.9
87.3
89.7
91.6
93.2
94.7
96 6
96 7
96.9
96.0
95.0
93.2
94.0
44.9
18.0
2.7
13.0
45.7
17.9
3.0
13.6
48.7
18.9
3.1
14.0
50.2
18.0
3.3
14.4
50.9
18.3
3.4
14.8
52.0
18.5
3.6
15.6
52.9
18.9
3.7
16.0
53.5
19.3
3.9
16.5
53.8
19.5
4.2
17.2
55.0
19.9
4.4
17 3
54.1
20.2
4.6
17.8
53.8
20.7
4.7
17.7
53.4
20.2
4.7
17.6
52.8
19.6
5.0
17.5
52.0
18.5
5.1
17.5
51.7
19.0
5.2
18.1
43.1
44.4
46.1
47.5
48.3
49.3
50.4
51.3
52.6
54.0
55.6
56.5
56.9
57.5
57.7
58.5
13.5
6.7
4.5
18.4
13.7
6.6
4.8
19.3
14.0
6.8
5.1
20.2
14.4
7.0
5.3
20.8
14.8
7.1
5.3
21.2
15.3
16.0
16.6
17.0
5.3
21.3
5.3
21.5
5.3
21.7
5.5
22.3
17.3
8.0
5.6
23.0
17.7
8.2
5.9
23.8
18.1
8.2
6.0
24.1
18.6
8.4
5.9
24.0
19.0
8.4
6.0
24.0
19.4
8.5
5.9
23.9
19.9
8.9
5.8
23.8
1957
1956
Personal
tures.
1937
9.2
Line
1
1936
77.2
1946
Line
1935
1959
1958
III
IV
I
II
III
IV
287.4
292.2
296.2
304.0
309.8
314.8
316.3
37.9
36.8
37.7
39.1
42.8
45.0
45.8
43.6
15.5
17 1
5.3
14 9
16.7
5.3
15.1
17.2
5.4
16 1
17.6
5.5
19.3
17.9
5.7
20.3
18.9
5.8
20.5
19.3
6.0
18.0
19.4
6.2
137.4
137.8
139.3
141.2
142.3
144.4
145.7
147.3
149.1
74.7
24 2
10.7
27.8
75.7
23.9
10.6
27.5
76.3
24 4
10.9
27.7
76.5
24.9
11.2
28.6
77.0
25.4
11.1
28.9
77.9
25.7
11.3
29.5
78.1
26.5
11.4
29.6
78.7
26.4
11.8
30.3
79.6
27.0
11.8
30.7
105.6
107.8
108.9
111.3
113.3
114.7
116. 8
119.1
121.7
123.6
38.8
16.3
9.1
41.3
39.5
16.7
90
42.6
40.2
16.9
9.0
42.8
40.8
17.3
92
43.9
41.4
17.4
9.4
45.0
42.0
17.4
9.7
45.6
42.6
18.0
9.7
46.4
43.3
18.1
9.9
47.6
44.0
18.7
10.3
48.7
44.7
19.2
10.4
49.3
I
II
III
IV
I
II
III
IV
I
II
262.0
264.4
267.5
272.8
277.2
279.3
283.8
285.4
284.5
38.5
38.6
38.4
40.2
41.4
40.9
40.6
40.2
16.6
17.1
4.8
16.0
17.7
4.9
15.8
17.5
5.1
17.3
17.7
5.2
18.9
17.5
5.1
18.4
17.5
5.0
17.8
17.4
5.4
17 9
17.0
5.3
127.6
128.5
129.8
131.2
132.9
134.3
137.7
68.9
23.7
9.5
25.4
69.5
24.0
9.7
25.3
70.2
24.4
9.8
25.4
71.0
24.5
10.2
25.6
71.9
24.2
10.6
26.2
72.9
24.2
10.6
26.7
74.6
24.7
10.7
27.6
95.8
97.4
99.3
101.4
102.8
104.1
35.1
15.0
8.4
37.4
35.7
15.2
8.5
38.0
36.3
15.4
8.7
39.0
36.9
15.5
88
40.2
37.5
15.7
9.0
40.6
38.1
16.1
9.0
40.9
Table 14.—-Personal Consumption Expenditures by
[Billions of 1958 dollars]
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
139.6
130.4
126.1
114.8
112.8
118.1
125.5
138.4
143.1
140.2
148.2
155.7
165.4
161.4
165.8
171.4
16.3
12.9
11.2
8.4
8.3
9.4
11.7
14.5
15.1
12.2
14.5
16.7
19.1
11.7
10.2
9.4
6.7
7.8
1.8
4.7
6.6
1.6
3.6
6.3
1.3
2.3
5.2
1.0
2.8
4.7
.9
3.4
5.0
1.0
4.8
5.7
1.2
6.0
7.1
1.4
6.2
7.3
1.6
3.9
6.6
1.6
5.3
7.5
1.7
6.7
8.2
1.8
7.4
9.6
2.1
1.5
8.0
2.2
1.5
6.2
2.6
1.3
5.4
2.7
Nondurable goods
7
Food and beverages
g
Clothing and shoes.
9
Gasoline and oil
Other
10
11 Services
69.3
65.9
65.6
60.4
58.6
62.5
65.9
73.4
76.0
77.1
81.2
84.6
89.9
91.3
93.7
97.3
36.6
18.2
2.6
11.8
35.9
16.4
2.7
11.0
36.1
16.1
2.8
10.6
33.9
14.3
2.6
9.6
33.5
12.9
2.6
9.7
35.8
13.6
2.7
10.4
37.4
14.7
2.9
10.8
42 3
16.0
31
12.0
44.3
15.9
34
12.4
45 3
16.1
35
12.3
46.8
17.3
37
13.4
48.7
17.8
3.9
14.1
51.1
19.1
4.4
15.3
52.0
19.8
3.3
16.2
53.0
21.3
2.1
17.3
56.5
20.6
2.2
18.0
54.0
51.5
49.4
45.9
46.0
46.1
47.9
50.5
52.0
50 9
52.5
54.4
56.3
58.5
61.8
64.7
Housing
Household operation
Transportation
Other
14.1
7.8
4.7
27.5
13.9
7.6
4.2
25.8
13.7
7.2
3.8
24.7
13.4
6.4
3.4
22.8
13.5
6.1
3.4
23.0
13.7
6.6
3.5
22.3
13.8
6.9
3.6
23.6
14.1
7.4
4.0
25 1
14.3
7.8
4.2
25 7
14.5
7.5
4.0
24 9
14.9
8.0
4.2
25 4
15.4
8.4
4.5
26 1
16.2
8.4
5.1
26.6
17.0
8.9
5.5
27.1
17.7
8.6
6.7
28.9
18.4
8.8
7.2
30.3
Line
1
2
3
4
5
Personal Consumption Expenditures.
Durable goods
Automobiles and parts
_ _ __
Furniture and household equipment ...
Other
6
12
13
14
15
46
-
1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-64
[Billions of dollars]
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
119.7
143.4
160.7
173.6
176.8
191.0
206.3
216.7
230.0
236.5
254.4
266.7
281.4
290.1
311.2
325.2
335.2
355.1
373.8
398.9
24.6
30.5
29.6
29.3
33.2
32.8
39.6
38.9
40.8
37.9
44.3
45.3
44.2
49.5
53.4
58.7
1964
Line
]
8.0
15.8
20.4
22.7
1.0
4.6
2.5
4.0
8.6
3.2
6.2
10.9
3.3
7.5
11.9
3.4
9.9
11.6
3.2
13.1
14.1
3.3
11.6
14.4
3.6
11.1
14.3
3.9
14.2
14.9
4.1
13.6
15.0
4.2
18.4
16.6
4.6
16.4
17.5
5.0
18.3
17.3
5.2
15.4
17.1
5.4
19.5
18.9
5.9
20.1
18.9
6.3
18.4
19.3
6.5
22.0
20.5
6.9
24.3
21.9
7.3
25.8
24.7
8.2
71.9
82.4
90.5
96.2
94.5
98.1
108.8
114.0
116.8
118.3
123.3
129.3
135.6
140.2
146.6
151.3
155.9
162.6
168.0
177.5
j
i
,
(
40.6
16.5
1.8
13.0
47.4
18.2
3.0
13.8
52.3
18.8
3.6
15.7
54.2
20.1
4.4
17.5
52.5
19.3
5.0
17.7
53.9
19.6
5.4
19.2
60.4
21.2
6.1
21.1
63.4
21.9
6.8
21.7
64.4
22.1
7.7
22.7
65.4
22.1
8.2
22.6
67.2
23.1
9.0
24.0
69.9
24.1
9.8
25.4
73.6
24.3
10.6
27.1
76.4
24.7
11.0
28.2
78.6
26.4
11.6
30.1
80.5
27.3
12.3
31.2
82.9
27.9
12.4
32.7
85.7
29,6
12.9
34.4
88.2
30.5
13.5
35.8
92.3
33.3
14.0
37.8
i
<
11
39.8
45.3
49.8
54.7
57.6
62.4
67.9
73.4
79.9
85.4
91.4
98.5
105.0
112.0
120.3
128.7
135.1
1143.0
152.3
162.6
1
12.5
6.4
4.0
16.8
13.9
6.8
5.0
19.7
15.7
7.5
5.3
21.4
17.5
8.1
5.8
23.3
19.3
8.5
5.9
23.9
21.3
9.5
6.2
25.4
23.9
10.4
6.7
26.9
26.5
11.1
7.1
28.7
29.3
12.0
7.8
30.8
31.7
12.6
7.9
33.2
33.7
14.0
8.2
35.5
36.0
15.2
8.6
38.6
38.5
16.2
9.0
41.3
41.1
17.3
9.3
44.3
43.7
18.5
10.1
48.0
46.3
20.0
10.8
51.6
48.7
20.8
10.6
54.9
52.0
22.0
11.0
58.0
55.5
23.1
11.4
62.3
59.5
24.4
11.7
67.0
1
1
1'
1
1952
1951
1950
1953
1955
Line
1
II
III
IV
I
II
III
IV
I
II
III
IV
181.7
185.8
199.4
197.0
207.5
202.9
205.4
209.2
210.4
214.6
216 ..7
225.0
27.4
27.9
35.3
31.4
33.6
28.6
28.1
28.3
28.8
29.1
27.5
32.0
11.4
12.8
3.2
12.1
12.fi
3.3
14.9
16.9
3.5
13.9
14.1
3.4
13.8
16.2
3.6
11.6
13.5
3.5
10.7
13.7
3.7
10.5
14.1
3.7
10.9
14.2
3.7
11.3
14.0
3.8
9.4
14.2
3.9
94.6
96.2
100.8
100.8
107.6
107.0
109.0
111.4
110.8
52.3
18.9
5.2
18.2
52.9
19.2
5.4
18.6
54.8
20.4
5.5
20.1
55.4
20.1
5.6
19.7
59.5
21.3
5.9
20.9
59.8
20.8
6.0
20.4
60.6
21.3
6.2
20.9
61.5
21.5
6.4
22.1
61.7
21.2
6.5
21.4
59.8
61.7
63.4
64.8
66.3
67.3
68.4
69.5
70.9
72.5
74.2
21.0
9.4
6.1
25.2
21.5
9.6
6.3
26.0
22.1
9.9
6.4
26.3
22.8
10.2
6.6
26.6
23.5
10.3
6.7
26.8
24.2
10.4
6.8
26.9
24.9
10.6
6.8
27.2
25.6
10.8
6.9
27.6
26.2
11.0
7.0
28.3
26.7
11.3
7.2
29.0
20.4
9.2
5.9
24.2
1954
113.0
63.3
21.5
6.7
21.5
II
III
IV
I
II
III
IV
I
228.4
230.1
231.0
230.3
232.3
234.6
237.3
241.8
247.7
33.5
33.5
33.4
32.6
32.0
32.5
32.5
34.2
37.4
39.6
41.4
40.1
2
13.0
14.9
4.1
14.5
14.8
4.2
14.4
15.0
4.1
14.3
15.0
4.1
13.6
15.0
4.0
13.2
14.8
4.0
13.6
14.8
4.1
13.2
15.0
4.3
14.4
15.5
4.4
16.9
16.2
4.4
18.7
16.4
4.6
19.8
17.0
4.6
18.4
17.0
4.8
3
4
5
115.1
117.0
117.2
117.2
116.5
116.3
117.4
117.4
118.4
64.4
21.9
7.0
21.8
64.5
23.1
7.1
22.3
64.9
22.3
7.3
22.6
64.5
22.5
7.5
22.7
64.1
21.9
8.0
22.6
64.0
21.5
8.0
22.8
64.8
22.0
8.1
22.5
65.0
21.9
8.1
22.5
65.6
22.0
8.2
22.6
76.0
77.8
79.5
81.1
81.4
82.9
84.6
27.5
11.5
7.4
29.8
28.2
11.7
7.6
30.2
28.9
12.1
7.8
30.8
29.7
12.2
7.9
31.1
30.4
12.0
7.9
31.1
1962
1961
1960
I
31.0
12.2
7.9
31.8
86.3
31.9
12.7
7.9
33.8
•31.fi
12.4
7.9
32.9
119.8
66.4
22.6
8.6
23.3
87.7
89.5
III
IV
1
252.7 256.8 260.4
120.8
66.2
22.4
8.4
22.9
32.3
13.1
8.0
34.2
II
32.9
13.4
8.1
35.1
122. & 123.7
126.1
6
67.0
23.2
8.9
23.5
67.3
23.1
9.1
24.2
68.0
23.6
9.4
25.2
7
8
9
10
90.4
91.7
94.2
11
34.5
14.9
8.2
36.5
12
13
14
15
33.5
13.7
8.1
35.1
34.0
14.2
8.1
35.3
1964
1963
Line
1
II
III
IV
I
II
III
IV
I
II
III
IV
321.1
326.3
325.9
327.7
328.4
332.3
336.7
343.1
348.3
351.7
357.2
363.0
368.0
I
II
III
IV
371.1
376.6
379.5
II
III
IV
389.1
396.0
404.6
405.9
I
1
45.9
46.1
45.3
43.8
41.9
43.4
44.8
46.6
48.5
48.5
50.1
51.1
52.2
52.6
54.1
54.9
57.4
59.1
60.5
57.9
2
20.6
19.2
6.1
20.7
19.1
6.3
20.2
18.8
6.3
18.9
18.6
6.3
17.2
18.4
6.3
17,8
19.2
6.4
18.9
19.5
6.5
19.8
20.1
6.7
21.2
20.4
6.9
21.6
20.0
6.9
22.3
20.7
7.0
23.0
21.0
7.1
23.6
21.4
7.2
23.9
21.4
7.3
24.6
22.1
7.4
24.9
22.7
7.3
25.5
23:9
8.0
25.7
25.1
8.2
27.1
25.0
8.4
24.8
24.8
8.3
3
4
5
149.4
152.0
151.3
152.5
154.1
154.7
156.1
158.7
160.2
161.6
163.2
165.3
166.6
167.4
169.2
168.9
173.7
175.7
179.8
180.9
6
79.2
27.2
12.0
31.0
81.0
27.6
12.2
31.2
80.6
27.3
12.3
31.2
81.3
27.1
12.6
31.5
82.3
27.5
12.4
31.9
82.6
27.5
12.2
32.5
83.0
27.8
12.4
32.9
83.6
28.9
12.6
33.6
84.6
29.1
12.7
33.8
85.2
29.4
12.7
34.4
86.2
29.7
12.9
34.3
86.7
30.2
13.4
35.0
87.5
30.3
13.3
35.5
88.1
30.2
13.4
35.8
88.5
31.1
13.5
36.1
88.7
30.6
13.7
35.9
90.6
32.3
14.0
36.8
91.3
33.2
13.9
37.2
93.3
33.8
14.0
38.7
94.1
34.0
14.2
38.6
7
8
9
10
125.7
128.1
129.3
131.4
132.4
134.2
135.8
137.8
139.6
141.6
144.0
146.7
149.2
151.1
153.3
155.7
158.0
161.2
164.3
167.1
11
45.4
19.5
10.5
50.4
46.1
19.9
10.8
51.3
46.6
20.1
10.8
51.8
47.2
20.3
11.0
52.9
47.8
20.4
10.8
53.4
48.4
20.7
10.6
54.5
49.0
20.8
10.6
55.4
49.6
21.3
10.7
56.3
50.3
21.7
10.9
56.8
51.3
21.7
11.0
57.5
52.6
22.2
11.0
58.2
53.6
22.4
11.2
59.5
54.5
22.8
11.3
60.5
55.3
22.8
11.4
61.6
55.7
23.5
11.4
62.8
56.5
23.3
11.5
64.4
57.5
23.6
11.7
65.1
58.8
24.4
11.7
66.3
60.1
24.8
11.8
67.6
61.4
24.8
11.9
69.1
12
13
14
15
Major Type in Constant Dollars: Annually, 1929-64
[Billions of 1958 dollars]
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
183.0
203.5
206.3
210.8
216.5
230.5
232.8
239.4
250.8
255.7
274.2
281.4
288.2
290.1
307.3
316.2
322.6
338.6
352.4
372.1
1
10.6
20.5
24.7
26.3
28.4
34.7
31.5
30.8
35.3
35.4
41.0
41.5
37.9
43.7
44.9
43.9
49.2
53.2
58.5
2
1.6
6.0
3.0
5.8
10.8
3.9
8.5
12.5
3.7
9.5
13.1
3.7
12.1
12.8
3.5
15.9
15.1
3.7
13.3
14.3
3.8
12.3
14.4
4.0
16.0
15.0
4.2
15.7
15.3
4.4
21.2
17.1
4.8
17.9
17.9
5.2
18.8
17.4
5.3
15.4
17.1
5.4
19.0
18.8
5.9
20.0
18.7
6.2
18.4
19.2
6.4
21.8
20.5
6.8
24.1
22.0
7.1
25.6
24.9
8.0
3
4
5
104.7
110.8
108.3
108.7
110.5
114.0
116.5
120.8
124.4
125.5
131.7
136.2
138.7
140.2
146.9
149.7
153.1
158.4
161.8
169.4
6
64.6
22.0
4.7
19.6
62.5
20.9
5.0
19.9
61.6
21.1
5.4
20.5
62.2
21.2
6.0
21.1
63.2
21.8
6.5
22.5
64.5
21.6
7.2
23.3
66.3
22.7
7.8
24.0
68.4
22.9
8.5
24.6
69.4
22.8
8.8
24.5
72.4
24.0
9.6
25.8
74.8
24.6
10.1
26.8
76.2
24.4
10.5
27.5
76.4
24.7
11.0
28.2
79.7
26.1
11.5
29.6
80.9
26.6
11.8
30.4
82.3
26.9
12.0
31.9
84.1
28.4
12.5
33.4
85.3
29.0
13.0
34.4
88.3
31.4
13.6
36.1
7
8
9
10
67.7
72.1
73.4
75.8
77.6
81.8
84.8
87.8
91.1
94.8
99.3
104.1
108.0
112.0
116.8
121.6
125.6
131.1
137.3
144.2
11
18.8
9.1
7.7
32.1
20.4
9.4
9.1
33.3
22.3
10.0
9.0
32.1
23.5
10.4
9.0
32.9
25.0
10.8
8.6
33.2
26.8
11.7
8.5
34.8
28.8
12.4
8.8
34.9
30.7
12.7
8.7
35.8
32.3
13.2
8.9
36.6
33.9
13.7
8.7
38.5
35.7
15.1
8.9
39.7
37.4
16.1
9.4
41.2
39.2
16.7
9.5
42.5
41.1
17.3
9.3
44.3
42.9
18.0
9.7
46.1
44.9
18.8
10.1
47.9
46.6
19.4
9.7
49.8
49.1
20.4
9.9
51.7
51.9
21.2
10.3
54.0
55.0
22.3
10.4
56.5
12
13
14
15
60.8
21.4
2.8
19.6
43.2
47
Line
Table 15.—Gross National Product by Major Type of Products Annually,
[Billions of dollars]
1929
Line
1
Gross National Product
2
3
Final sales
Inventory change
4
5
6
Goods output
Final sales
Inventory change
7
s
9
10
11
12
__
Durable goods
Final sales .Inventory change
-
...
Nondurable goods
Final sales
Inventory change
13
Services
14
Structures
15
Addendum: Auto product...
..
--
1931
1930
1932
1933
1935
1934
1936
1937
1938
1939
1940
1941
1942
1943
1944
103.1
90.4
75.8
58.0
55.6
65.1
72.2
82.5
90.4
84.7
90.5
99 7
124 5
157 9
191 6
210 1
101.4
1.7
90.7
4
77.0
-1.1
60.5
-2.5
57.2
-1.6
65.8
-.7
71.2
1.1
81.2
1.3
87.9
2.5
85.6
-.9
90 1
.4
97 5
22
120 1
45
156 2
18
192 2
— 6
211 1
—1 0
56.1
54.3
1.7
46.9
47.3
-.4
37.4
38.6
—1.1
26.7
29.2
-2.5
27.0
28.6
-1.6
34.4
35.1
-.7
39.9
38.8
1.1
45.8
44.5
1.3
51.5
48.9
25
45.3
46.2
g
49.0
48.6
4
56.0
53 8
22
72.5
68 0
4 5
93 6
91 9
18
120 4
121 0
6
132 3
133 3
10
17.5
16.1
1.4
11.4
12.5
—1 0
7.7
9.0
—1.2
3.6
5.7
-2.0
4.9
5.4
—.5
7.4
7.3
.1
9.3
8.9
3
12.2
11.2
9
13 9
13.1
g
9.9
10.8
— 9
12 7
12 4
3
16 6
15 4
12
26 8
23 8
30
35 5
34 5
10
54 2
54 2
Q
57 9
58 5
6
38.5
38.2
.3
35.5
34 8
.7
29.7
29.6
.1
23.1
23.6
-.4
22.1
23.2
-1.1
27.0
27.8
-.9
30.6
29.9
.7
33.6
33 3
.3
37.6
35 8
18
35.4
35 4
o
36. 3
36 2
1
39.3
38 4
10
45 6
44 2
14
58 1
57 4
7
66 2
66 8
— 6
74 4
74 8
— 3
35.6
34.2
31.7
27.5
25.7
27.1
28.3
31.0
32.3
33.2
34.0
35.4
40.3
50.3
62 5
71 8
11.4
9.2
6.7
3.8
2.9
3.5
4.0
5.6
6.7
6.2
7.5
8.3
11.8
14.0
87
6 1
19-i8
19 47
1&19
19 30
T ina
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
223.6
227.6
231.8
242.1
248.0
255.6
262.5
263.9
258.5
255.2
257.1
255.0
266.0
275.4
293 1
304.5
2
3
Final sales
Inventory change
223.1
228.6
—1.0
234.6
-2.7
240.7
1.4
244.8
3.3
250.4
5.1
256.4
6.1
259.6
4.3
258.5
.0
260.5
-5.3
258.8
—1 7
260.2
—5 3
263.6
24
270.6
48
288. 2
4 9
289.4
15 1
4
5
6
Goods output
Final sales
Inventory change
135.1
134.6
.4
137.8
138.8
-1.0
139.6
142.4
-2.7
146.1
144.7
1.4
149.8
146.5
3.3
153.1
148.0
5.1
157.1
151.0
6.1
156.6
152.3
4.3
151.5
151.6
.0
147.3
152.6
-5.3
147.6
149.4
—1.7
143.3
148,6
—5.3
150.6
148.1
2.4
155.6
150.8
4.8
167.7
162 8
4.9
175 8
160.7
15.1
44.3
42.4
1.9
45.8
44.2
1.6
47.7
44.5
3.2
46.1
45.9
.1
47.9
47.6
.4
47.3
46.7
.5
49.5
48.6
1.0
50.1
49.0
1.1
49.5
49.0
.5
46.4
50.7
-4.3
50.1
50.1
—.1
45.1
49.7
—4.6
49.7
50.4
—.7
56.3
52.6
3.6
65 2
62.7
25
70.5
59.6
10 8
90.8
92.2
—1.4
92,1
94.6
-2.6
91.9
97.8
-6.0
100.1
98.8
1.3
101.9
99.0
2.9
105.9
101.3
4.6
107.5
102.4
5.1
106.6
103.4
3.2
102.1
102.6
-.5
100.8
101.9
-1.0
97.5
99.2
—1.7
98.2
98.9
—.7
100.9
97.8
3.1
99.4
98.2
1.2
102.5
100.1
2.4
105.3
101.1
4.3
Gross National Product
1
7
8
9
Durable goods
Final sales
.
Inventory change
10
11
12
Nondurable goods
Final sales
Inventory change
.4
_-
_. . _
13
Services
69.4
70.4
70.3
70.9
72.5
74.6
76.7
79.2
79.7
80.6
81.2
81.7
83.5
85.2
88.1
91.2
14
Structures
19.1
19.4
21.9
25.1
25.7
27.9
28.7
28.1
27.2
27.4
28.3
30.0
31.9
34.6
37.4
37.6
15
Addendum: Auto product
6.7
7.2
6.8
8.2
8.5
7.7
8.9
10.0
10.1
12.6
13.6
11.4
13.4
15.1
17.1
16.1
III
IV
1957
1956
Line
I
1
II
III
IV
I
II
19 59
19 58
III
IV
I
II
III
IV
I
II
410.6
416.2
420.6
429.5
436.9
439.9
446.3
441.5
434.7
438.3
451.4
464.4
474.0
486.9
484.0
490.5
2
3
Final sales
Inventory change
404.5
6.0
411.9
4.3
416.5
4.1
425.1
4.3
434.8
2.1
437.5
2.3
443.1
3.2
443.8
-2.2
440.1
—5.4
443.4
-5.1
451.3
.1
460.3
4.1
470.1
3.9
477.8
9.1
483.6
.4
484.1
6.3
4
5
6
Goods output
Final sales
Inventory change
222 4
216.4
6.0
223.9
219.6
4.3
225.0
220.9
4.1
230.3
226.0
4.3
234.6
232.5
2.1
234.4
232.1
2 3
238.2
235.0
32
231.4
233.7
-2.2
224.4
229.8
-5.4
224.6
229.7
-5.1
233.1
233.1
.1
240.9
236.8
4.1
244.6
240.7
3.9
253.2
244.1
9.1
247.4
247.0
.4
252.1
245.7
6.3
7
8
9
Durable goods
Final sales
Inventory change
89.4
84.4
5.1
89.3
86.8
2.4
88.5
87.7
.8
94.1
91.1
3.0
95.0
93.7
1.4
95.1
92.8
2.3
97.0
93.6
3.4
90.5
92.4
-1.9
81.0
87.1
-6.1
79.4
84.9
-5.5
84.6
85.7
-1.1
89.4
88.0
1.5
94.4
91.6
2.8
100.4
94.2
6.3
93.3
95.0
-1.7
94.7
92.2
2.5
10
11
12
Nondurable goods
Final sales
Inventory change
133.0
132.0
1.0
134.6
132. 7
1.9
136.5
133.2
3.3
136.2
134.9
1.3
139.5
138.8
.7
139.3
139.3
.0
141.2
141.4
-.2
140.9
141.3
-.3
143.4
142.7
.7
145.2
144.7
.4
148. 5
147. 4
1.2
151.5
148.8
2.6
150.2
149.2
1.0
152.7
149.9
2.8
154.1
151.9
2.1
157.3
153.5
3.8
137.9
140.7
143.4
147.1
150.1
153.3
155. 8
157.8
158.6
162.5
165.3
167.3
170.9
174.3
178.0
181.8
50.2
51.6
52.2
52.0
52.2
52.2
52.3
52.3
51.7
51.3
52.9
56.2
58.5
59.4
58.7
56.6
17.4
16.4
15.5
18.2
20.3
19.7
20.9
17.1
14.3
13.8
13.2
16.8
19.6
21.2
20.1
15.6
Gross National Product
.. _
13
Services
14
Structures
15
Addendum: Auto product
48
...
..
,
1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-64
[Billions of dollars]
1958
398.0
419.2
441.1
447.3
392.0
6.0
414.5
4.7
439.8
1.3
448.8
-1.5
197.1
198.6
-1.5
216.4
210.4
6.0
225.4
220.7
4.7
234.6
233.3
1.3
230.8
232.3
-1.5
79.4
78.5
.9
72.1
74. 6
-2.5
85.7
82.7
3.0
90.3
87.5
2.8
94.4
93.1
1.3
121.0
119.1
2.0
124.8
125.2
-.5
125.0
124.1
1,0
130.7
127.7
2.9
135.1
133. 2
1.9
101.2
110.8
118.8
123.5
132.6
37.5
39.1
41.7
44.2
49.0
13.5
12.0
16.3
14.6
21.2
1953
1954
1955
284.8
328.4
345.5
364.6
364.8
278.0
6.8
318.1
10.3
342.4
3.1
364.1
.4
366,4
-l.fi
147.5
150.5
-3.1
162.4
155.6
6.8
189.7
179.4
10.3
195.6
192.5
3.1
204.1
203.7
.4
48.7
48.0
.7
47.8
49.9
-2.1
60.4
56.3
4.1
73.7
66.8
6.9
74.6
73.5
1.1
105.5
101.5
4.0
99.7
100.6
-1.0
102.0
99.3
2.7
116.0
112.6
3.4
80.8
87.0
28.3
35.4
15.4
1947
1948
1949
1950
212.0
208.5
231.3
257.6
256.5
213. 0
-1.0
202.1
6.4
231.8
—.5
252.9
4.7
259.6
-3.1
128.9
129.9
-1.0
124.9
118.5
6.4
139.7
140.1
-.5
154.2
149.4
4.7
48.9
50.2
-1.3
36.9
31.6
5.3
46.0
44.3
1.7
80.0
79.7
.2
88.0
86.9
1.1
93.7
95.9
-2.2
76.5
68.0
70.2
75.7
6.6
15.6
21.4
27.7
7.2
8.8
11.9
1952
1951
III
II
1957
1952
1946
I
1956
1951
1945
IV
I
IV
1
II
1961
1962
1963
1964
483.6
503.8
520.1
560.3
589.2
628.7
478. 9
4.8
500.2
3.6
518.1
2.0
554.3
6.0
583.5
5.7
623.9
4.8
249.1
244.4
4.8
259.6
256.0
3.6
262.3
260.2
2.0
284.5
278.5
6.0
296. 8
291.1
5.7
316.1
311.3
4.8
1
2
3
4
5
6
83.6
86.4
-2.8
95.6
93r2
2.3
99.5
97.4
2.1
96.5
96.6
-.1
109.0
106.2
2.8
115.9
113.1
2.8
126.1
122.8
3.3
7
8
9
140.2
140.2
.0
147.2
145.9
1.3
153.6
151.1
2.4
160.1
158.6
1.5
165.8
163.7
2.1
175.5
172. 2
3.2
181.0
178.1
2.9
190.0
188.4
1.5
10
11
12
142.3
154.2
163.4
176.2
187.3
199.5
213.3
226.9
244.0
13
51.5
52.3
53.1
58.3
56.8
58.3
62.6
65.5
68.6
14
16.9
19.5
14.5
19.1
21.4
17.9
22.5
25.0
25.9
15
1954
III
Line
1960
1953
III
II
1959
IV
I
1955
II
III
IV
I
Line
III
II
IV
318.0
325.8
332.8
336.9
339.5
339.1
345.6
357.7
364.2
367.5
365.8
360.8
360.7
360.4
364.7
373.4
386.2
394.4
402.5
408.8
1
307.fi
10.fi
310.6
15.2
322.5
10.4
331.8
5.1
334.3
5.2
341.5
-2.3
341.4
4.3
352.3
5.4
361.7
2.4
364.4
3.2
365.1
.7
365.3
-4.5
363.2
-2.5
363.1
-2.7
366.9
-2.2
372.2
1.3
381.6
4.6
388.3
6.1
396.4
6.0
401.7
7.1
2
3
184.2
173.7
10.5
188.6
173.3
15.2
192.0
181.6
10.4
194.1
189.0
5.1
193.6
188.5
5.2
190.2
192.5
-2.3
194.6
190.3
4.3
204.1
198.7
5.4
205.8
203. 4
2.4
207.1
203.9
3.2
204.5
203.8
.7
199.2
203.7
-4.5
198.1
200.6
-2.5
194.3
197.0
-2.7
194.9
197.1
-2.2
201.1
199.8
1.3
207.5
202.9
4.6
214.6
208.fi
6.1
219.6
213.6
6.0
223.9
216.8
7.1
4
5
6
70.3
65.2
5.0
74.3
63.8
10.6
75.7
66.9
8.8
74.6
71.2
3.4
76.0
72.9
3.1
72.6
74.4
-1.8
70.0
69.5
.5
79.8
77.0
2.8
81.8
78.5
3.4
81.1
79.0
2.1
81.4
79.0
2.4
73.2
77.4
-4.3
72.2
75.7
-3.5
70.5
74.4
-3.9
70.6
73.1
-2.5
74.9
75.0
-.1
79.4
77.5
1.9
86.1
81.9
4.2
88.1
85.7
2.4
89.3
85.6
3.7
7
8
9
114.2 /116.3
109.6 / 114.7
1.6
119.5
117.8
1.7
117.6
115.6
2.1
117.7
118.1
-.5
124.6
120.8
3.8
124.3
121.7
2.6
124.0
124.9
-.9
126.0
124.9
1.0
123. 1
124.8
-1.7
126.0
126.2
-.3
125.9
124.9
1.0
123.8
122.6
1.2
124.3
123.9
.4
126.1
124.8
1.4
128.1
125.5
2.7
128.5
126.6
1.9
131.5
127.8
3.7
134.5
131.2
3.4
10
11
12
111.9
135.8
113.9
108.5
fi.fi
95.7
99V
103.8
105.6
107.8
110.2
113.2
116.8
118.7
119.7
119.8
120.2
122.7
125.0
126.3
130.5
130.6
133.4
38.1
37.5
37.0
37.2
38.1
38.7
39.1
40.4
41.6
41.8
41.5
41.8
42.4
43.4
44.9
46.0
48.2
49.2
49.4
49.1
14
16.3
13.8
12.0
12.1
11.2
11.6
9.5
15.7
16,2
16.6
17.4
15.0
13.9
14.9
13.9
15.5
20.2
21.5
22.4
20.4
15
1962
1961
1960
I
II
III
IV
I
II
III
IV
]
503.0
504.7
504.2
503.3
503.6
493.0
9.9
500.7
3.9
501.0
3.1
505.7
-2.4
507.0
-3.5
514.9
524.2
537.7
547.8
512.8
2.1
520.4
3.8
532.3
5.5
541.1
6.7
262.1
252.2
9.9
262.2
258.2
3.9
260.1
257.0
3.1
254.4
256.8
-2.4
251.5
255.0
-3.5
259.4
257.3
2.1
265.0
261.2
3.8
273.0
267.5
5.5
104.6
96.3
8.3
99.9
98.7
1.2
99.8
97.9
1.9
94.1
96.7
-2.6
87.9
93.6
-5.7
94.4
95.0
-.6
99.4
97.2
2.2
157.5
155.8
1.7
162.2
159.5
2.7
160.3
159.1
1.3
160.3
160.0
.2
163.6
161.4
2.2
165.0
162.3
2.7
183.2
57.6
186.0
187.9
192.3
194.5
56.5
56.2
56.7
57.6
23.1
21.5
21.6
19.3
14.3
II
1964
1963
III
IV
557.2
564.4
572.0
551.1
6.1
559.2
5.2
565.6
6.4
279.1
272.4
6.7
282.7
276.6
6.1
286.2
281.1
5.2
104.2
100.6
3.6
107.1
103.4
3.7
108.3
105.5
2.8
165.7
164.0
1.6
168.8
166.9
1.9
172.1
169.1
3.0
198.2
200.9
204.6
57.3
58.2
60.1
18.0
18.4
20.8
I
13
Line
IV
II
III
614.0
624.2
634.8
641.1
1
610.7
3.3
620.1
4.1
631.0
3.8
633.6
7.5
2
3
303.4
295.3
8.1
308.2
304.9
3.3
312.4
308.3
4.1
319.8
316.0
3.8
323.3
315.8
7.5
4
116.6
114.3
2.3
120.0
116.2
3.8
122.3
120.1
2.2
125.0
121.6
3.5
128.1
125.4
2.7
128.8
124. 3
4.4
8
9
178.5
177.2
1.4
182.2
178.6
3.5
183.4
179.1
4.3
185.9
184.9
1.1
187.4
186.8
.6
191.7
190.6
1.1
194.6
191.5
3.1
10
11
12
222.1
225.1
228.2
232.1
237.3
242.8
246.4
249.7
13
63.2
64.1
66.2
68.0
68.5
69.0
68.6
68.1
14
24.2
24.6
25.1
26.2
26.8
26.9
26.4
23.4
15
II
III
IV
I
577.0
583.1
593.1
603.6
572.5
4.5
578.4
4.7
587.3
5.8
595.5
8.1
290.2
283.8
6.4
291.7
287.2
4.5
293.9
289.2
4.7
298.7
292.9
5.8
110.8
107.9
2.9
109.9
108.1
1.7
111.8
109.8
2.0
115.4
112.0
3.4
174.4
171.1
3.3
175.4
173.2
2.3
180.3
175.6
4.7
179.9
177.4
2.5
208.2
212.1
214.6
218.5
60.5
62.4
63.6
63.4
21.3
21.7
23.5
23.4
49
5
6
Table 16.—Gross National Product by Major Type of Product in Constant Dollars:
[Billions of 1958 dollars]
1
Gross National Product
2
3
Final sales
Inventory change
4
5
6
Goods output
- Final sales
Inventory change
7
g
9
Durable goods
Final sales
Inventory change
10
11
12
1930
1931
1932
1933
1934
203.6
183.3
169.2
144.1
141.5
154.3
200.0
3.5
183.9
-.6
171.6
-2.4
150.4
-6.2
145.9
-4.3
156.9
-2.7
103.9
100.4
3.5
90.5
91 1
—.6
82.2
84.7
—2.4
68.7
74.9
-6.2
68.8
73.2
-4.3
77.9
80.5
—2.7
33.6
30.9
2.7
22.4
24.5
-2.1
16.1
19.0
-3.0
8.3
13.4
-5.1
11.7
13.4
-1.7
70.4
69.5
.8
68.0
66.5
1.5
66.2
65.7
.5
60.4
61.5
—1.1
1929
Line
-
Nondurable goods
Final sales
Inventory change
-
- —
- - - -
.
1935
1936
1937
169.6
193.0
167.1
2.4
189.9
3.1
88.6
86.2
2.4
16.9
16.7
.2
57.1
59.8
-2.7
1938
1939
1940
1941
1942
1943
1944
203.3
193.0
209.4
227. 2
263.7
297 8
337 2
361 3
197.8
5.5
195.3
—2.4
208.2
1.2
222. 3
4.9
254 1
9.6
293 g
40
337 4
— 2
363 2
—1 9
102.2
99.1
3.1
110.2
104. 8
5.5
103. 0
105.3
—2.4
110. 7
109 5
1.2
124.0
119 0
4.9
143.4
133 8
96
158 1
154 1
40
187 4
187 6
— 2
204 8
206 7
—1 9
21.5
20.6
.9
28.7
26.3
2.4
31.0
29.1
1.9
21.8
24.1
-2.3
27.6
27.0
.6
35.6
32.8
2.7
50.0
43 5
6.6
57.2
54 4
29
85 6
85 2
4
95 9
97 4
—1 5
61.0
63.8
-2.8
67.1
65.6
1.5
73.5
72.8
.7
79.2
75.7
3.6
81.2
81.3
—.1
83.0
82.5
.6
88.4
86.2
2.2
93.4
90 3
3.1
100 9
99 7
12
101 7
102 4
— 6
108 8
109 3
— 4
13
Services
69.3
67.7
66.8
61.9
63.0
65.3
68.1
73.3
73.9
72.3
76,9
80.0
89.8
107.7
131.8
144 0
14
Structures
30.3
25.2
20.1
13.6
9.7
H.1
12.8
17.5
19.1
17.7
21.8
23.2
30.5
31. 9
18 0
12 5
15
Addendum: Auto product _
1948
1947
1949
1950
Line
I
1
Gross National Product
2
3
Final sales
Inventory change
4
5
6
Goods output
Final sales
Inventory change
7
g
9
Durable goods
Final sales
Inventory change
10
11
12
Nondurable goods
Final sales
Inventory change
- - -
_. _
13
Services
14
Structures
15
Addendum * Auto product - --
--
- --,
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
306.4
309.0
309.6
314.5
317.1
322.9
325.8
328.7
324.5
322.5
326.1
323.3
339.6
348 5
362 8
370 1
306.3
.1
309.8
—.8
311.9
-2.3
312.3
2.2
313.7
3.4
318.2
4.7
320.0
5.8
324.3
4.4
325.0
—.5
328.8
-6.3
328.6
—2.5
329.8
—6.5
336.1
3.5
342.5
6.0
356.8
60
352.5
17 6
170. 1
170.1
.1
172.6
173.3
-.8
171.4
173.8
-2.3
174.8
172.5
2.2
175.6
172.3
3.4
177.4
172.8
4.7
179.4
173.6
5.8
180.9
176.5
4.4
176.5
177.0
-.5
173.0
179. 3
-6.3
175. 5
178.0
—2.5
171.8
178.3
—6.5
183.6
180. 1
3.5
187.8
181. 7
6.0
197.0
191 0
6.0
202.0
184 4
17.6
58.8
57.9
.9
60.6
59.0
1.6
61.5
58.2
3.4
59.2
59.3
___ -i
62.3
61.4
.8
60.4
59.4
1.0
60.9
59.5
1.4
61.5
59.9
1.6
59.9
59.8
.1
56.2
61.6
-5.4
60.8
61.6
—.9
55.3
61.1
-5.8
61. 7
62.1
—.5
69 3
64.7
4.6
78 8
75.7
3.1
84 1
70.6
13.5
111. 4
112.2
-.8
112.0
114.4
-2.4
109.9
115.6
-5.7
115.5
113.2
2.3
113.4
110.8
2.5
117.1
113.4
3.6
118.4
114.1
4.3
119.4
116.6
2.8
116.6
117.1
-.6
116.8
117.7
-.9
114.8
116.4
-1.6
116.6
117.2
—.7
121. 9
118. 0
4.0
118.4
117.0
1.4
118 2
115.3
3.0
117.9
113.8
4.1
107.0
107.6
106.6
104.9
106.6
108.8
109.8
111.9
112.2
113.0
112.7
111.6
113.3
115.8
119.0
121.8
29.3
28.8
31.5
34.8
34.9
36.6
36.6
35.9
35.8
36.5
37.9
39.9
42.7
45.0
46.8
46.3
9.8
10.6
9.6
11.2
11.6
10.3
11.3
12.4
12.6
15.6
17.0
14.1
16.5
18.7
21.1
19.9
1957
1956
1958
1959
Line
1
2
3
4
Gross National Product
Goods output
- -
5
6
Final sales
Inventory change
7
8
9
Durable goods
Final sales
Inventory change
10
11
12
- -
Final sales
Inventory change
-
Nondurable goods
Final sales
--Inventory change
- -
-
--
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
443.6
445.6
444.5
450.3
453.4
453.2
455.2
448.2
437.5
439.5
450.7
461. 6
468.6
479. 9
475.0
480.4
437. 4
6.2
441.0
4.6
440.4
4.1
445.9
4.4
451.3
2.1
450.8
2.4
452.2
3.0
450.6
-2.5
443.1
—5.6
444 5
—5.0
450. 4
.3
457.2
4.3
464.8
3.8
471.0
8.9
474.6
.5
474.2
6.2
239.6
239.1
236.9
240.5
242.3
240.6
241.9
234.3
224.8
224.5
233.2
240.8
243.6
251.8
245.6
250.0
233.5
6.2
234.5
4.6
232.8
4.1
236.0
4.4
240.2
2.1
238.3
2.4
238.9
3.0
236.8
-2.5
230.4
-5.6
229.5
-5.0
233.0
.3
236.5
4.3
239.8
3.8
242.9
8.9
245.1
.5
243.8
6.2
97.7
92.3
5.4
96.5
93.6
2.9
94.0
93.2
.8
97.8
94.8
3.1
97.7
96.4
1.3
97.3
94.9
2.3
98.5
95.2
3.3
91.3
93.3
-2.1
81.4
87.7
-6.3
79.7
85,2
-5 5
84.6
85.6
—1.0
88.9
87.3
1.6
92.7
90.0
2.7
98.6
92.4
6.1
91.5
93.2
—1.7
93.2
90.9
2.3
142.0
141.2
.8
142.6
140.9
1.7
142.9
139.6
3.3
142.6
141.3
1.4
144.6
143.8
.7
143.4
143. 4
0
143.4
143.7
-.3
143.1
143.5
143.4
142.7
.7
144.9
144.4
.5
148.6
147. 4
1.2
151.9
149. 2
2.8
150.9
149.8
1.1
153.2
150.4
2.8
154.1
151.9
2.2
156.7
152.9
3.9
13
Services
150.2
152.1
153.4
156.2
157.7
160. 0
161.2
161. 5
160.4
163.2
164.7
165. 5
167. 9
170.0
172.1
174.7
14
Structures
53.8
54.4
54.1
53.6
53.3
52.6
52.2
52.4
52.4
51.8
52.8
55.2
57.1
58.1
57.3
55.7
15
Addendum: Auto product
29.8
18.4
17.0
19.3
21.2
20.3
21.4
17.9
14.6
13.9
13.1
16.4
19.0
20.4
19.4
15.2
50
Annually, 1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-64
[Billions of 1958 dollars]
1950
1951
1952
1945
1946
1947
1948
1949
355.4
312.6
309.9
323.7
324.1
355.3
383.4
395.1
372.5
10.9
391.8
3.3
1954
1955
412.8
407.0
438.0
446.1
452.5
447.3
475.9
487.8
497.3
530.0
550.0
577.6
411.8
.9
409.0
-2.0
431.6
6.4
441.2
4.8
451.2
1.2
448.8
-1.5
471.1
4.8
484.3
3.5
495.3
2.0
524.0
6.0
544.4
5.7
573.0
4.6
1953
1956
1957
1958
1959
1960
1961
1962
1963
1964
Line
358.3
-2.9
302.6
10.0
310.1
-.2
319.1
4.6
328.1
-3.9
347. 0
8.3
198.0
201. 0
-2.9
172.1
162.1
10.0
172.2
172.4
-.2
178.4
173.8
4.6
174.2
178. 1
-3.9
192.6
184.3
8.3
208.4
197.5
10.9
214.0
210.7
3.3
225.4
224. 5
.9
215.1
217.1
-2.0
236.1
229.7
6.4
239.0
234.2
4.8
239.8
238.5
1.2
230.8
232.3
-1.5
247.8
242.9
4.8
256.1
252.7
3.5
257.4
255. 4
2.0
277.5
271.5
6.0
288. 3
282.6
5.7
304.6
300.0
4.6
84.3
87.4
-3.1
54.7
46.1
8.6
60.1
58.6
1.5
61.3
60.0
1.2
58.0
61.0
-3.0
73.4
68.3
5.2
84.1
76.1
8.0
84.6
83.2
1.5
91.0
89.9
1.2
81.9
84.8
-3. 0
96.5
93.0
3.4
96.5
93.5
3.0
96 2
95! o
1.2
83.6
86.4
-2.8
94.0
91.6
2.4
97.8
95.9
2.0
94.9
94.9
.0
107.0
104.1
2.8
114.0
111.2
2,8
123. 1
120.0
3.1
113.7
113.5
.2
117.4
116.0
1.4
112.2
113.8
-1.7
117.1
113.8
3.3
116.2
117. 1
-.9
119. 1
116. 0
3.1
124.3
121.4
2.9
129.4
127.6
1.8
134.4
134. 6
-.2
133.2
132.3
.9
139.7
136.7
3.0
142.5
140.7
1.8
143.6
143.6
.0
147.2
145.9
1.3
153.7
151.3
2.5
158.3
156.8
1.5
162.5
160.5
2.0
170.5
167.4
3.1
174.3
171.4
2.9
181. 5
180.0
1.5
1
1
1
144.3
113.3
106.5
109.3
112.4
117.5
130.5
136.3
140.3
141.8
147.5
153.0
160.1
163.4
171, 2
176.6
184.0
193.7
201.5
211.5
1
13.1
27.2
31.2
36.1
37.5
45.2
44.4
44.7
47.0
50.2
54.3
54.0
52.6
53.1
57.0
55.0
55.8
58.8
60.2
61.4
1
10.3
11.4
14.8
19.1
15.9
13.5
18.7
17.1
24.5
18.6
20.2
14.5
18.5
21.0
17.5
22.0
24.7
25.5
1
1952
1951
I
1954
III
IV
I
II
III
IV
389.6
393.9
405.3
412.1
416.4
413.7
408.8
402.9
392.0
-2.5
389.7
4.2
399.6
5.7
409.0
3.1
412.6
3.8
412.5
1.2
413.1
-4.3
405.8
-2.9
209.0
211. 5
-2.5
212.8
208.5
4.2
222.2
216.5
5.7
225.5
222.4
3.1
228.4
224.6
3.8
225.9
224.7
1.2
221.8
226.0
-4.3
86.7
82.8
3.9
82.5
84.4
-1.9
79.2
78.6
.6
90.1
86.9
3.2
93.0
89.3
3.8
92.5
90.1
2.4
93.0
90.5
2.6
127.1
125. 6
1.5
125.4
123.6
1.8
126.5
127.1
-.6
133.6
130.0
3.6
132.1
129.6
2.6
132.5
133.2
-.7
135.9
134.5
1.4
133.0
133.4
135.2
136.0
136.8
137.3
139.9
43,6
43.6
44.1
44.5
44.4
45.8
46.7
14.2
14.0
12.6
13.2
10.8
17.5
18.2
II
III
IV
374.8
381.5
388.7
388.7
391.4
364.1
10.7
365.5
16.0
377.1
11.6
383.4
5.4
385.8
5.7
202.7
192.0
10.7
207.3
191.3
16.0
212.0
200.5
11.6
211.7
206.4
5.4
212.1
206.4
5.7
79.8
74.0
5.8
85.2
73.1
12.1
86.9
76.5
10.4
84.6
80.7
3.9
122.9
118.0
4.9
122.1
118.2
3.9
125.2
123.9
1.2
126.1
129.8
46.0
44.4
18.8
16.5
I
1953
II
II
III
IV
402.1
407.2
415.7
405.7
-3.6
409.8
-2.5
414.8
.9
423.0
5.0
428.7
6.7
215.6
218.5
-2.9
211.4
214.9
-3.6
213.2
215.7
-2.5
220.1
219. 2
.9
226.5
221.5
5.0
85.6
89.6
-4.1
81.8
85.8
-3.9
79.8
84.5
-4.7
80.8
83.7
-2.8
85.0
85.4
-.4
132.8
134.3
-1.4
136.2
136.4
-•2
133.8
132.7
1.0
131.6
130.5
1.1
132.4
132.0
.3
140.8
140.9
139.7
139.0
141.3
47.2
46.9
47.4
48.3
49.4
18.7
19.7
18.1
15.9
17.5
1962
1961
1960
I
1955
III
IV
435.4
442.1
446.4
1
435.8
6.4
438.8
7.6
2
3
235.2
228.4
6.7
239.8
233.4
6.4
243.2
235.7
7.6
4
5
6
90.3
88.0
2.3
97.8
93.0
4.7
98.6
96.0
2.6
99.2
95.1
4.1
7
8
9
135.1
133.8
1.3
136.2
133.5
2.7
137. 4
135.4
2.0
141.2
137.5
3.7
144.0
140.6
3.4
10
11
12
143.3
143.7
147.2
145.4
147.9
149.4
13
50.8
51.9
54.3
54.9
54.4
53.7
14
16.6
18.2
23.5
25.1
25.7
23.7
15
III
IV
I
II
III
IV
I
II
III
490.2
489.8
487.4
483.8
482.7
492.9
501.6
511.9
519.7
527.9
533.6
538.5
541.2
486.1
-3.4
490.8
2.1
497.8
3.8
506.4
5.5
513.2
6.5
522.1
5.9
528.3
5.3
532.3
6.2
536.8
4.4
540.3
4.6
547.8
5.8
486.0
3.8
484.5
3.0
I
1964
II
480.6
9.6
428.0
1963
IV
Line
II
I
486.4
-2.6
I
,
II
III
IV
544.9
553.7
560.0
I
II
III
IV
567.1
575.9
582.6
584.7
1
552. 1
7.9
564.1
3.0
571.4
4.5
578.8
3.8
577.7
7.1
2
3
Line
259.5
258.4
257.0
250.0
247.0
254.9
260.6
267.0
272.3
275.8
279.4
282.4
283.5
285.1
290.6
294.2
297.6
302.2
308.4
310.2
4
249.9
9.6
254. 6
3.8
254.1
3.0
252.5
-2.6
250.3
-3.4
252. 8
2.1
256.8
3.8
261.5
5.5
265.8
6.5
270.0
5.9
274. 1
5.3
276.2
6.2
279.1
4.4
280.4
4.6
284.7
5.8
286.3
7.9
294.6
3.0
297.7
4.5
304.7
3.8
303.1
7.1
5
6
102.6
94.6
7.9
98.1
97.0
1.1
98.1
96.4
1.7
92.6
95.4
-2.8
87.2
92.7
-5.4
92.9
93.5
-.6
97.5
95.3
2.3
102.0
98.3
3.7
104.8
101. 1
3.7
106.2
103.3
2.9
108.8
105.9
3.0
108.0
106.2
1.8
109.9
108.0
1.9
113.3
110.0
3.2
114.9
112.7
2.3
117.9
114. 2
3.7
119.4
117.3
2.0
122.3
119.0
3.4
125.2
122.5
2.7
125.5
121.2
4.3
7
8
9
157.0
155.3
1.7
160.3
157.6
2.7
158. 9
157.6
1.2
157.4
157.2
.2
159.8
157.7
2.1
162.0
159.4
2.6
163.1
161.6
1.5
165.0
163. 2
1.8
167. 5
164,7
2.7
169.7
166. 7
3.0
170.5
168.2
2.3
174.4
170. 0
4.4
173.6
171.1
2.5
171.8
170.4
1.4
175. 7
172. 1
3.6
176.2
172.1
4.2
178.3
177.2
1.0
179.9
178.8
1.1
183.2
182.1
1.1
184.7
181.9
2.8
10
11
12
174.3
176.3
176.4
179.4
180.5
183.0
185. 1
187.5
190.0
193.2
194.7
197.0
198.8
200.6
202.6
204.0
207.4
211.5
213.0
214.3
13
55.0
55.9
57.4
57.4
58.9
59.5
59.0
58.9
59.3
60.5
61.8
62.0
62.2
61.1
60.3
14
17.7
18.0
20.3
20.8
21.3
23.1
23.0
23.8
24.1
24.9
25.8
26.3
26.5
25.9
23.2
15
56.4
22.5
55.1
21.0
54.0
54.5
55.2
21.3
19.1
14.2
51
Table 17.—Implicit Price Deflators for Gross National Products Annually,
[Index numbers, 1958=100]
1929
Line
1930
1931
1932
1933
1934
1935
1936
1937
1939
1938
1940
1941
1942
1943
1944
1
Gross National Product
50.6
49.3
44.8
40.3
39.3
42.2
42.6
42.7
44.5
43.9
43.2
43.9
47.2
53.0
56 8
58 2
2
Personal consumption expenditures
55.3
53.6
47.9
42.3
40.6
43.5
44.4
44.7
46.5
45.6
45.1
45.5
48.7
54.8
59 9
63 2
56.4
54.5
56 1
55.3
51.6
55 7
49 1
44.1
52 7
43.2
37.7
48 3
41.9
38.0
43 6
44 7
42.7
44 3
43 7
44 5
44 4
43 6
44.8
45 0
45 8
46 4
46 8
46 7
44.0
47 7
46 0
43.2
47 7
46 5
43 8
47 9
50 4
47.7
49 8
59 3
55 6
52 7
64 2
62 5
55 3
71 5
66 2
57 5
3
4
5
6
7
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
g
9
10
Nonresidential
Structures
Producers' durable equipment
11
12
13
Residential structures
Nonfarm._ _
Far^n
i__
14
C hange in business inventories
15
Net exports of goods and services
16
17
18
19
20
38.1
35.5
31.8
30.7
33.8
34 2
34.5
37 7
38.1
37.6
39 0
42 0
46 5
49 0
51 0
38.3
34.4
43 0
36.1
31.7
41 1
33.3
28.2
39 1
31.7
28.1
34 5
35.0
29.1
38 8
35 8
30 4
38 7
35.6
30.1
38 5
38 7
34.3
41 4
39 2
33.8
43 0
38.7
33.1
42 2
40 1
34.1
43 4
42 7
36.4
46 3
47 8
41 3
51 5
49 5
45 5
51 1
50 8
48 1
51 9
38.1
38.0
39 1
37.1
37.1
38 0
33.6
33.7
32 1
27.3
27 A
26 2
27.1
27.1
26 7
30.1
30.1
30.8
29 8
29.7
30 7
31.3
31.2
32 2
34.3
34.4
33 3
31 8
35.5
35.7
35.7
35.9
32 0
36.9
37.2
32 3
40.3
40.6
36 3
43 3
43.4
42 0
47 0
46.8
48 8
51 6
51 1
55 8
59 5
57.3
52.3
49.0
41 0
39.3
34.7
31.5
33.7
28.8
40.6
33.6
42.3
36.0
43.4
36.7
46.5
40.7
43.8
37.9
44.1
38.6
48.6
40.8
53.0
43.0
61.5
48.3
65.2
51.2
69 9
53.2
38.6
37.9
36.3
33.4
34.5
36.8
37.0
37.6
38.4
38.3
37.9
38.5
44.0
50.9
53.9
53.1
36 0
39.1
34.1
38.7
34.5
36.6
31.9
33.8
33.1
35.0
37.4
36.6
37.0
37.0
40. &
35.9
40.7
37.1
40.5
36.8
40,8
36.3
40.2
37.3
46.6
39.2
52.5
42.3
54.9
44.6
53 8
46.1
-
Exports
Imports
Government purchases of goods and
services.
Federal
State and local..
39.4
39 9
35.7
44 6
_
1919
1918
1947
1950
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
1
Gross National Product
73.0
73.7
74.9
77.0
78.2
79.2
80.6
SO. 3
79.7
79.1
78.8
78.9
78.3
79.0
80.8
82.3
2
Personal consumption expenditure
76.2
76.8
78.3
80.3
81.1
82.0
S3. 3
83.0
82.3
81.8
81.3
81.4
81.3
81.7
83.5
84.9
82.0
81.6
66.3
82.1
82.3
66.8
83.1
83.9
68.6
83.7
86.4
70.0
83.9
87.7
70.5
85.1
88.6
71.4
88.2
89.4
72.8
88.2
88.3
73.5
87.8
87.0
73.7
86.9
85.9
74.0
86.0
84.9
74.3
86.4
84.4
75.0
86.3
84.0
75.5
87.0
84.4
75.7
88.1
86.9
76.6
89.5
88.8
77.6
63.3
65.6
67.7
69.9
71.1
73.1
75.6
76.0
75.1
75.0
74.2
74.5
74.8
76.3
78.6
80.0
72.6
71.0
73.5
72.6
71.2
73.3
73.2
71.4
74.1
74.7
72.9
75.5
76.8
75.7
77.4
3
4
5
6
7
Durable goods
Nondurable goods
Services _ _
_
Gross private domestic investment
Fixed investment
8
9
10
Nonresidential
Structures
Producers' durable equipment
61.9
62.0
61.9
63.8
63.0
64.2
65.4
65.3
65.4
67.0
67.4
66.8
67.8
69.2
67.3
69.5
70.8
68.9
72.3
72.6
72.1
73.1
73.3
73.0
72.5
72.1
72.8
73.1
71.0
74.3
72.8
70.8
73.8
11
12
13
Residential structures
Nonfarm.
_ _
Fftrm
66.7
66.2
73.3
70.5
70.1
77.2
72.8
72.4
80.5
75.6
75.2
83.2
78.1
77.7
85.1
80.3
79.9
86.4
82.5
82.3
86.4
82.5
82.3
84.9
80.9
80.6
84.1
79.0
78.8
83.0
76.8
76.4
82.1
77.6
77.4
81.8
78.3
78.3
78.4
81.1
81.1
81.9
84.9
84.9
84.1
85.3
85.2
87.8
82.9
76.2
86.6
81.5
89.0
79.4
91.4
80.4
93.7
85.2
93.0
86.2
92.8
87.5
91.0
86.8
89.8
86.3
87.9
82.2
85.5
80.7
84.3
79.4
83.0
81.8
82.1
83.8
84.5
90.2
89.8
97.2
62.7
63.0
61.9
64.0
66.5
66.7
68.6
70.2
70.4
70.7
71.2
71.7
69.7
70.6
72.4
74.4
66.0
59.5
66.6
59.5
63.9
60.1
66.1
62.2
70.1
63.3
68.5
64.8
69.4
67.8
71.2
69.0
72.4
68.1
73.0
68.2
72.4
69.8
74.1
69.2
70.0
69.4
71.8
69.6
73.8
71.2
75.9
72.9
14
Change in business inventories
15
Net exports of goods and services
16
17
18
19
20
Exports. _ _
Imports
_ _
i
Government purchases of goods and
services.
Federal
State and local
_
_
1957
19 56
1959
1958
T irn»
Gross National Product
1
2
3
4
5
Personal consumption expenditures
Durable goods
Nondurable goods ~
Services
..
I
II
III
IV
I
II
III
IV
I
II
III
IV
92.6
93.4
94.6
95.4
96.4
97.1
98.0
98.5
99.3
99.7
100.1
100.6
II
III
IV
101.1
101.4
101.9
102.1
100.9
101.6
102.0
I
93.6
94.3
95.3
95.8
96.7
97.3
98.1
98.5
99.6
100.0
100.1
100.3
100.6
93.3
93.7
93 7
94.0
94.6
94.2
95.5
95.5
94.9
96.7
95.8
95.5
97.5
96.8
96.3
98.6
97.3
96.8
99.1
98.3
97.5
98.5
98.6
98.4
99.4
100.0
99.1
99.6
100.3
99.7
100.1
100.0
100.2
100.8
99.7
101.0
101.5
99.5
101. 6
101.6
99.5
102.4
101.6
99.9
103.6
100.9
100.4
104.4
6
7
92.1
93.2
94.7
95.9
97.0
98.0
99.0
99.8
99.4
99.7
100.1
100.8
101.8
102 5
103.0
103.0
8
9
10
NonresidentiaL
Structures
Producers' durable equipment
90.4
92.8
89.0
91.2
91.8
90.8
93.1
93.9
92.6
94.8
94.9
94.7
96.2
96.4
96.1
97.3
98.3
96.7
98.4
99.6
97.6
99.7
100.1
99.4
99.4
100.1
99.0
99.8
99.8
99.8
100.1
99.7
100.3
100.8
100.4
101.0
101.8
101.8
101.8
102.2
102 2
102.2
102.5
103.1
102.2
102.4
103.6
101.8
11
12
13
Residential structures
Nonfarm
Farm
95.6
95 7
93.7
97.5
97.5
97.1
98.2
98.2
99.7
98.4
98.4
100.3
98.9
98.8
100.9
99.7
99.7
101.7
100.6
100.6
100.2
100.0
100 0
99.1
99.5
99.4
100.6
99.3
99.3
99.8
100.2
100.3
99.4
100.8
100.9
100.2
101.7
101.7
101.6
102 9
102.9
102.4
103.8
103.8
103.8
104.0
104.0
104.4
14
Change in business inventories
98.1
102.3
97.2
102.6
97.0
102.2
97.9
103.0
101.1
104.9
100.8
104.4
101.3
104 0
101.9
102 8
101.3
101.1
99.9
100 2
99.3
99.6
99.5
99.2
99.7
98.4
98.5
98.7
98.3
99.2
98.8
101 0
89.7
91.4
93.3
94.2
95.1
96.0
97.2
97.4
98.3
99.2
100.6
101.6
102.2
102.5
102.5
102.3
89.1
90.4
91 1
91.9
93.1
93.6
93 6
95.0
94 6
95.9
95 1
97.2
96 8
97.7
96 6
98.4
98 2
98.3
99 1
99.4
100 7
100.5
101 6
101.7
102 0
102.4
102 8
102.2
102.2
102.8
102 0
102.7
Fixed investment..
15
16
17
18
19
20
Exports
Imports
_
Government purchases of goods and
services.
Federal
State and local
52
_
1929-64, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-64
[Index numbers, 1958=100]
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
Line
59.7
66.7
74.6
79.6
79.1
80.2
85.6
87.5
88.3
89.6
90.9
94.0
97.5
100.0
101.6
103.3
104.6
105.7
107.1
108.9
65.4
70.5
77.9
82.3
81.7
82.9
88.6
90.5
91.7
92.5
92.8
94.8
97.7
100.0
101.3
102.9
103.9
104.8
106.1
107.2
2
75.9
68.7
58.7
76.8
74.3
62.7
82.7
83.6
67.9
86.3
88.5
72.1
86.8
85.6
74.3
87.8
86.0
76.3
94.2
93.3
80.0
95,4
94.3
83.6
94.3
93.9
87.7
92.9
94.2
90.0
91.9
93.6
92.0
94.9
94.9
94.6
98.4
97.7
97.3
100.0
100.0
100.0
101.4
99.8
103.0
100.9
101.1
105.8
100.6
101.8
107. 6
100.7
102.6
109.0
100.4
103.8
110.9
100.5
104.8
112.7
3
4
5
5
1
51.4
58.5
66.7
73.9
74.7
77.5
83.1
85. 3
86.6
86.8
89.0
94.0
98.5
100.0
102.6
103.4
103.9
104.9
106.0
107.8
7
50.9
49.0
51.7
56.3
54.4
57.5
64.5
64.4
64.6
70.7
71.5
70.3
72.8
71.2
73.6
74.4
72.9
75.2
80.4
79.3
80.9
82.6
83.2
82.2
84.0
84.9
83.5
84.8
86.0
84.0
86.7
88.1
85.9
92.4
93.4
91.8
97.9
98.6
97.5
100.0
100.0
100.0
102.2
102.7
102.0
102.9
104.0
102.2
103.4
105.6
102.1
104.1
107. 1
102.3
104.6
109.2
102.2
106.0
111.8
103.1
8
9
10
54.9
54.6
58.5
59.7
59.4
63.5
71.7
71.3
78.6
80.8
80.5
85.7
78.5
78.2
82.7
82.5
82.5
82.9
88.6
88.4
92.2
90.8
91.0
86.8
91.9
91.8
93.3
90.4
90.3
91.9
92.9
92.9
93.4
97.4
97.4
97.7
99.8
99.8
100.5
100.0
100.0
100.0
103.1
103.1
103.0
104.5
104.4
105.0
105.0
105.0
104.9
106.7
106.8
104.6
108.9
100.0
105.7
112.0
112.2
106.8
11
12
13
14
15
71.3
56.4
75.4
64.9
87.3
79.4
92.7
86.4
87.0
82.2
84.9
88.7
97.0
107.2
98.8
103.6
95.2
99.1
94.3
100. 8
94.9
100.6
97.5
102.5
101.3
104.0
100.0
100.0
98.8
99.3
99.9
101.0
101.9
100.1
100.8
98.5
100. 6
99.6
101.5
101.8
16
17
52.6
55.8
62.9
68.1
71.0
71.8
78.5
81.0
81.8
84.1
87.1
92.1
96.4
100.0
102.4
105.0
107.1
109.0
111.7
116.0
18
53.1
48.6
57.3
53.2
65.6
60.4
69.8
66.4
73.0
68.9
72.9
70.8
79.4
76.9
81.2
80.6
81.4
82.8
83.5
85.3
86.9
87.5
91.7
92.7
95.8
97.3
100.0
100.0
102.2
102.6
104.2
105.9
105. 2
109.4
105.6
113.2
107.8
116.5
112. 9
119.3
19
20
III
IV
1m
1952
IS 51
1954
1955
III
IV
I
II
III
IV
I
H
in
IV
I
II
85.4
85.6
86.7
86.7
87.1
87.7
88.3
88.4
88.3
88.4
88.4
89.5
89.6
89.5
88.2
88.5
89.7
90.0
90.1
90.6
91.2
91.3
91.5
92.0
92.0
92.6
92.6
92.4
94.2
92.6
78.7
93.3
93.3
79.5
94.2
93.1
80.3
95.2
94.2
81.5
95.8
94.3
82.2
95.0
94.0
83.1
95.4
94.3
84.0
95.3
94.6
84.9
94.8
94.1
86.1
94.9
93.8
87.1
95.0
93.9
88.3
92.4
93.9
89.3
94.5
94.3
89.7
93.3
94.6
89.7
82.7
82.8
83.0
83.8
84.3
85.1
85.8
85.9
85.8
86.6
87.1
86.8
86.6
79.8
77.9
80.9
80.0
78.9
80.7
80.4
79.9
80.7
81.2
80.7
81.5
81.7
82.3
81.5
82.5
83.0
82.2
82.9
83.6
82.4
83.2
84.0
82.7
83.1
83.7
82.7
84.0
84.4
83.7
84.5
85.6
83.9
84.4
86.0
83.5
87.8
87.7
91.2
88.5
88.3
92.7
88.7
88.5
93.0
89.5
89.3
91.8
89.8
89.9
88.8
90.5
90.7
86.2
91.5
91.8
85.5
91.3
91.5
86.5
91.4
91.5
90.0
91.9
91.8
93.5
92.5
92.4
94.9
91.7
91.5
95.3
I
II
84.8
87.9
III
I
II
89.8
90.2
90.6
91.0
91.6
1
92.3
92.6
92.6
92.9
93.0
2
92.1
94.2
90.0
91.8
93.8
90.6
91.9
93.8
91.2
91.4
93. 6
91.7
92.3
93.6
92.2
91.9
93.5
93.0
3
4
5
86.5
86.7
87.3
8.77
88.3
89.3
90.5
7
84.7
85.5
84.2
84.7
85.5
84.1
84.6
86.2
83.5
85.2
86.7
84.3
85.5
86.8
84.6
85.8
87.6
84.8
87.0
88.3
86.2
88.4
89.6
87.8
8
9
10
90.3
90.2
93.7
89.9
89.8
92.7
90.6
90.6
91.3
90.7
90.7
89.8
91. 2
91.2
93.5
92.4
92.4
91.7
93.6
93.6
92.6
94.4
94.4
96.0
11
12
13
IV
6
14
15
94.9
105. 1
98.8
110.1
97.2
109.1
96.8
104.5
99.0
106.9
99.7
104.7
98.9
102.4
97.5
100.9
97.0
99.5
95.0
99.0
94.8
99.2
93.9
98.5
94.9
98.7
94.9
101.9
93.5
101.7
93.9
101.0.
94.4
100.9
94.7
100.0
94.9
100.2
95.5
101.3
16
17
75.3
77.6
79.6
80.3
79.7
80.8
81.3
82.2
82.9
82.0
81.3
81.3
83.5
83.7
84.6
84.8
85.8
86.9
87.0
88.7
18
76.0
74.3
78.1
76.8
80.6
77.8
81.2
78.5
79.9
79.4
81.0
80.4
81.3
81.4
82.6
81.2
83.1
82.7
81.8
82.7
80.7
82.7
80.5
83.3
83.5
83.7
82.9
85.3
83.8
85.8
83.8
86.3
85.4
86.4
86.9
87.0
86.4
87.9
88.8
88.5
19
20
1962
13 61
18 60
19C>3
I
II
III
IV
I
II
III
IV
I
II
III
IV
102.6
103.0
103.4
104.0
104.3
104.5
104.5
105.1
105.4
105.5
105.8
106.2
102.3
102.7
103.0
103.6
103.8
103.7
103.9
104.1
104.4
104.7
105.0
105.3
101.1
100.4
105.1
101.1
100.9
105.5
100.7
101.2
106.0
100.6
101.9
106.6
100.4
102.1
107.1
100.4
101.5
107.5
100.7
101.8
107.7
100.7
101.9
108.1
100.8
102 3
108.4
100.8
102.4
108.9
100.8
102.7
109.2
103.3
103.5
103.4
103.3
102.9
103.7
104.4
104.7
104.5
104.9
102.7
103.5
102.3
102.9
104.0
102.3
102.9
104.2
102.2
102.9
104.1
102.1
102.4
104.8
100.9
103.1
105.2
101.8
103.8
106.1
102. 5
104.3
106.5
103.0
104.0
106.5
102.5
104.5
104.5
104.8
104.7
104.7
104.9
104.5
104.5
104.6
104.1
104.1
105.4
104.1
104.0
104.9
104.9
104.9
104.9
105.7
105.7
104.7
105.5
105.5
105.1
105.6
105. 6
104.7
I
1964
II
III
IV
106.6
107.0
107.1
107.8
105.7
106.0
106.1
106.5
100.6
103.1
109. 6
100.4
103.5
110.2
100.7
103.8
110.7
100.0
103.8
111.1
105.2
105.1
105.2
105. 7
104.1
106.8
102.6
104.1
107.4
102.2
104.1
107.8
102.0
104.2
108.2
102.0
106.4
106.5
104.4
107.5
107.5
104.2
107.3
107.4
105.0
107.5
107.5
105.4
I
II
III
IV
108.3
108.4
109.0
109.6
1
106.8
107.1
107.2
107.7
2
100.5
104.2
111.6
100.7
104.4
112.0
100.6
104.7
112. 5
100.5
104.8
112.9
100.1
105.3
113.6
3
4
5
106.3
106.7
107. 1
107.5
108.0
108.5
7
104.4
108.8
102.1
104.8
109.6
102.2
105.1
110. 2
102.4
105.5
110.5
103.0
105.7
111.4
102.8
106.0
112.3
103.0
106.6
113.0
103.5
8
9
10
108.3
108.4
105.4
109.6
109. 6
105.9
110.2
110.3
106.3
110.5
110.5
106.7
111.6
111. 7
106.8
112.8
113.0
106.6
113.4
113.6
107.3
11
12
13
Line
6
14
99.8
100.9
99.6
101.0
100.3
101.4
100.0
100.5
100.7
100.1
102.3
100.0
101.8
100.1
102. 7
100.2
102.0
98.4
100.6
98.7
100.2
98.3
100.6
98.6
101.2
99.5
100.7
99.3
100.2
99.6
100.3
99.9
101.0
101.9
100.7
102.2
101.3
101.6
102. 9
101.7
15
16
17
103.4
104.4
105.3
106.2
106.9
107.2
106.2
108.2
108.4
108.6
108.9
110.0
110.5
111.2
111.7
113.5
114.9
115.0
116.5
117.5
18
102.8
104.0
103.9
105.0
104.0
106.9
105.4
107.3
106.2
107.8
105.7
109.0
103.3
109.8
105.8
111.0
105.6
111.9
105.4
112. 6
105.3
113.5
106.3
114.6
106.7
115.1
107.3
116.0
107.5
116.8
109.6
117.9
111.7
118.6
111.9
118.5
113. 7
119.5
114.6
120. 6
19
20
53
Table 18.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1951
[Billions of dollars]
Wage and salary disbursements
Personal
income
Year and month
January
February
March
April
May
June
-—
July
August
September
October
November
December
---
1947
January
February
March
April
May
June
--
July
August
September
October
November
December
-
1948
January
February
March
April
May
June
July
August ___
September
October
November,-December
_-
- ...
__
-
1949
Total Manufacturing
Distributive
Service Government
Other
labor
income
Business
and professional
Farm
Rental
income
of
persons
Dividends
Personal
interest
income
Less:
Personal
Trans- contribu- Nonagrifer pay- tions for cultural
ments
income
social
insurance
112.0
46.0
36.5
31.0
14.4
20.7
1.9
21.6
14.9
6.6
5.6
6.8
11.3
2.0
161.0
170.3
169.6
172.6
174.5
175.9
178. 1
107.2
104.8
108.5
109.6
110.4
111. 4
39.2
38.7
42.7
43.9
44.5
46.3
31.0
30.0
33.6
35.4
35.5
36.6
27.6
28.1
28.9
30.5
31.7
30.9
13.2
13.5
13.9
14.0
14.0
14.3
27.2
24.5
2,3.0
21.2
20.2
19.9
1.8
1.8
1.8
1.8
1.8
1.9
20.4
21.0
21.5
21.9
22.2
22.0
12.1
14.1
12.9
13.4
13.6
14. 2
6.6
6.3
6.1
6.2
6.3
6.9
5.1
5.1
5.2
5.3
5.5
5.7
6.5
6.5
6.6
6.7
6.7
6.8
12.7
12.0
12.1
11.7
11.5
11.2
2.1
2.0
2.0
2.1
2.1
2.0
155.6
152.8
157. 0
158.2
159. 5
161.1
182.4
183.7
180.3
184.7
185.2
187.4
111. 8
113.9
114.8
115.8
116. 7
119.0
46.6
48.4
49.2
49.8
50.4
51.7
37.0
38.5
39.3
39.5
40.2
40.9
31.5
32.0
32.2
32.4
32.7
33.2
14.4
14.6
14.8
15.1
15.2
15.3
19.2
18.9
18.6
18.6
18.4
18.8
1.9
1.9
1.9
2.0
2.0
2.1
22.2
22.3
21.9
21.4
21.2
21.0
18.5
17.4
12.8
17.0
16.7
16.5
6.7
6.7
6.6
6.9
7.2
7.2
5.7
5.8
5.7
6.0
6.2
6.3
6.9
6.9
6.9
6.9
7.0
7.0
10.9
10.8
11.6
10.6
10.3
10.4
2.0
2,0
1.9
1.9
2.0
2.0
161.2
163.6
164.9
164.9
165.7
167.6
191.3
123.0
54.3
42.5
35.2
16.1
17.4
2.3
20.2
15.2
7.1
6.3
7.5
11.7
2.1
173.0
188.1
187.9
187.7
184.9
185.3
188.2
119.2
119.4
120.2
119.7
121.4
122.9
52.0
52.2
52.7
52.9
53.6
53.9
40.9
41.2
41.6
41.8
42.0
42.1
33.5
33.8
34.1
33.5
34.2
35.3
15.4
15.5
15.7
15.9
16.0
16.3
18.2
17.8
17.7
17.4
17.5
17.4
2.1
2.1
2.2
2.2
2.3
2.3
20.8
20.5
20.3
20.3
20.0
20.0
16.9
17.3
16.2
13.9
13.0
13.7
7.1
7.1
6.9
6.7
6.6
7.0
6.1
6.0
6.1
6.3
64
6.5
7.4
7.4
7.5
7.5
7.5
7.5
10.7
10.3
|0.5
10. 6
10.2
10.4
2,1
2.2
2.2
2.3 I
2.1
2.1
168.2
167.6
168.5
167. 9
169.0
171. 4
188.4
189.1
204.0
196.1
196.9
199.3
121. 9
123.1
124.7
126.3
127.7
129.1
53.6
54.2
55.3
56.1
56.8
58.1
41.8
42.1
43.1
43.6
44.3
45.2
35.4
35.6
36.3
36.6
37.0
37.2
16.2
16.2
16.3
16.2
16.4
16.4
16.7
17.2
16.9
17.4
17.5
17.4
2.4
2.4
2;4
2.5
2.5
2.6
19.9
19.8
20.2
20.2
20.5
20.9
14.2
14.3
16.0
15.8
15.1
16,0
6.9
7.0
7.2
7.4
7.7
7.8
6.6
6.6
6.6
6.5
6.8
6.3
7.5
7.5
7.5
7.5
7.5
7.5
11.1
10.6
21.3
12.1
11.0
11.1
2.1
2.1
2.0
2.1
1.9
2.1
171.2
171.8
184.9
177.1
178.7
180.0
210.2
135.3
61.0
47.2
37.6
17.9
18.9
2.7
22.7
17.5
8.0
7.0
7.9
11.2
2.2
189.4
202.5
202.0
205.5
206.5
207.8
212.0
130.3
130.9
132.0
130.9
133.0
134.7
59.2
59.0
59.7
58.7
59.9
60.6
46.1
46.0
46.4
46.2
46.3
46.9
36.2
37.1
36.5
36.6
37.3
37.4
17.2
17.5
17.4
17.7
17.8
17.9
17.7
17.4
18.4
17.9
18.1
18.6
2.6
2.6
2.7
2.7
2.7
2.7
21.6
21.7
22.1
22.6
22.5
22.8
16.0
14.8
16.2
18.1
18.0
20:3
7.7
7.8
7.7
7.8
7.9
7.9
7.4
7.1
6.9
6.7
6.8
6.9
7.8
7.8
7.9
7.8
7.8
7.8
11.3
11.3
12.2
11.9
11.2
11.2
2.2
2.0
2.1
2.1
2.1
2.2
183.3
184.0
186.1
185.2
186. 6
188.7
212.8
215.2
215.4
216.3
215.0
212.3
136.6
138.5
139.0
139. 3
139.4
138.9
61.7
62.7
62.5
62.7
62.6
62.2
47.7
48.3
48.1
48.2
48.4
47.7
37.8
38.3
38.6
38.6
38.2
38.2
18.2
18.2
18.2
18.2
18.3
18.3
19.0
19.3
19.7
19.8
20.3
20.3
2.7
2.7
2.7
2.8
2.8
2.8
23.0
23.3
23.3
23.3
23.2
23.2
18.5
18.6
18.4
18.8
17.0
15.4
8.0
8.0
8.1
8.2
8.2
8.2
7.1
7.1
7.3
7.4
7.8
7.0
7.8
7.9
7.9
8.0
8.0
8.0
11.2
11.2
11.0
10.8
10.8
11,0
2.2
2.2
2.3
2.2
2.2
2.3
191.0
193.2
193.6
193.8
194. 5
193.2
207.2
134.6
57.7
44.7
37.7
18.6
20.6
3.0
12.7
8.4
7.2
8.5
12.4
2.2
191.3
38.1
37.9
37.8
38.4
38.4
37.9
18.3
18.1
18.5
18.4
18.6
18.4
20.2
20.2
20.2
20.3
20.3
20.5
2.8
2.8
2.9
2.9
3.0
3.0
22.7
22.8
22.7
22.7
22.7
22.6
13.1
13.0
14.0
13.2
12.8
12.2
8.2
8.3
8.3
8.3
8.3
8.4
7.4
7.2
7.2
7.2
7.2
7.2
8.2
8.2
8.3
8.4
8.4
8.5
11.1
11.4
12.4
12.3
12.2
12. 3
2.3
2.3
2.3
2.2
2.2
2.3
192.6
191.8
192.0
191.8
191.6
190.3
18.4
18.5
18.6
18.9
18.9
19.0
20.7
20.7
20.8
21.1
21.2
21.1
3.0
3.1
3.1
3.2
3.2
3.2
22.4
22.5
22.7
22.5
22.7
22.5
10.7
12.4
13.2
12.0
13.0
12.4
8.4
8.5
8.6
8.6
8.7
8.7
7.1
7.1
7.1
7.2
7.5
7.5
8.5
8.5
8.6
8.7
8.7
8.8
12.6
12.7
13.1
12.8
13.0
13.3
2.1
2.2
2.2
2.2
2.2
2.2
190.2
190.0
192.3
189.8
191.3
192.9
178.7
1946
All industries
Commodityproducing
Proprietors'
income
22.6
208.9
208.0
209.1
208. 1
207.6
205.6
137. 7
136. 5
135.6
135.3
135.2
133.7
61.0
60.4
59.1
58.2
57.9
56.9
47.1
46.7
45.6
44.8
44.6
44.1
204.0
205.5
208. 7
205.0
207.5
208.7
133.4
133.1
134.6
132.3
132.9
134.4
57.0
56.5
57.5
55.2
55.8
56.9
44.3
44.1
44.8
43.1
42.8
44.2
37.3
37.4
37.6
37.1
37.0
37.4
1950
227.6
146.7
64.6
50.3
39.9
19.9
22.4
3.8
24.0
13.5
9.4
8.8
9.2
15.1
2.9
210.9
January _
February
March. .
April
May
June
216.9
219.8
224.9
220.2
220. 7
221.8
135.7
135.8
138.4
140.5
142.2
144.5
57.7
57.4
59.5
61.0
62.6
63.6
45.1
45.3
45.8
47.2
48.7
49.4
37.8
37.8
38.3
38.5
38.9
39.6
19.1
19.3
19.4
19.5
19.6
19.8
21.2
21.2
21.3
21.5
21.2
21.5
3.4
3.4
3.5
3.6
3.7
3.8
22.6
22.8
22.9
23.1
23.4
23.9
13.6
12.2
12.8
12.4
13.5
12.2
9.1
9.1
9.2
9.1
9.2
9.3
8.3
8.3
8.3
8.3
8.4
8.5
8.8
8.9
9.0
9.0
9.1
9.1
18.1
22.1
23.8
17.1
14.1
13.4
2.8
2.7
2.8
2.7
2.8
2.9
199.9
204.3
208.8
204.7
204.0
206.3
226.1
230.5
232.7
235.8
237.9
243.3
147.2
150.8
152.8
155.7
157.4
159.7
65.5
67.5
67.8
70.1
71.0
71.9
50.8
52.6
52.7
54.6
55.5
56.4
40.3
40.8
41.3
41.4
41.3
42.1
19.7
20.1
20.2
20.4
20.6
20.8
21.6
22.4
23.5
23.8
24.6
24.9
3.9
4.0
4.0
4.1
4.2
4.3
25.0
25.2
24.7
24.6
24.4
25.2
13.6
14.2
13.3
14.3
15.0
15.0
9.3
9.5
9.6
9.6
9.7
9.7
8.6
8.7
10.2
8.9
8.8
10.9
9.2
9.3
9.4
9.5
9.5
9.5
12.2
11.8
11.4
12.3
12.0
11.9
2.8
3.0
2.8
3.2
3.1
3.0
209.3
213.0
216.1
218.3
219.8
225.2
255.6
171.0
76.1
59.4
44.3
21.7
28.9
4.8
26.1
15.8
10.3
8.6
9.9
12.5
3.4
236.4
26.0
25.8
25.8
25.8
26.0
26.0
15.4
15.3
15.5
16.0 /
16.4
15.0
9.8
9.9
9.9
10.0
10.1
10.2
8.1
8.2
8.6
8.5
8.6
8.5
9.7
9.7
9.8
9.8
9.8
9.9
12.3
12.1
12.0
12.1
12.6
12.8
3.5
3.3
3.6
3.3
3.6
3.4
226.0
228.8
231.0
233.4
234.4
237. 6
26.0
26.4
26.3
26.5
26.5
26.4
15.1
16.4
15.9
17.1
16.3
15.6
10.3
10.5
10.6
10.7
10.9
11.0
8.4
8.4
8.5
8.6
8.3
8.8
9.9
10.0
10.0
10.1
10.1
10.2
12.6
12.7
12.7
13.0
12.7
12.3
3.4
3.3
3.4
3.5
3.5
3.4
236.8
238.3
239.6
241.5
243. 3
245. 0
January
February
March
April
May
June
_
_ _ _.
_- -
July _ _
August
September
October
November
December
_ _
_
July
August..
September
October _
November
December
__
1951
JanurayFebruary
March _
April
May
Jiirie
244.5
247.2
249.8
252.7
254.1
255.9
162.1
164.9
167.2
169.3
169. 6
172.3
72.7
73.8
75.0
76.3
76.2
76.7
56.8
57.7
58.6
59.8
59.6
60.0
42.7
43.6
43.7
44.1
43.8
45.1
21.0
21.1
21.3
21.3
21.4
21.6
25.8
26.5
27.2
27.6
28.2
28.9
4.4
4.5
4.6
4.6
4.7
4.8
July
August
September
October _
November
December,
255. 5
258.4
258.9
261.9
262.9
263.9
171.7
172.5
173.4
174.5
176.6
177.9
76.8
76.6
76.7
76,5
77.3
78.5
59.8
59.7
59.8
59.3
60.2
61.2
44.1
44.4
44.8
44.6
45.0
45.6
21.7
21.8
21.9
22.1
22.3
22.5
29.1
29.6
29.9
31.2
32.0
31. 4
4.8
4.9
4.9
5.0
5.1
5.1
__
___
54
Table 18.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates, 1952-1957
[Billions of dollars]
Wage and salary disbursements
Personal
income
Year and month
All industries
Commodityproducing
Total Manufacturing
Proprietors'
income
Distrib- Service Government
utive
Other
labor
income
Business
and professional
Farm
Rental
income
of
persons
Dividends
Personal
interest
income
Less:
Personal
Trans- contribu- Nonagrifer pay- tions for cultural
ments
social
income
insurance
1952
272.5
185.1
81.8
64.2
46.9
23.3
33.1
5.3
27.1
15.0
11.5
8.6
10.6
13.0
3.8
254.1
January
February.
March
April
May
June
261.9
265. 7
266.4
265.8
268.8
270.4
179. 1
180.7
181.6
180.4
182.3
182.5
79.1
79.7
80.2
79.3
79.9
79.2
61.6
62.0
62.5
61.9
62.6
62.1
45.6
45.8
46.2
45.8
46.3
46.5
22.6
22.9
22.8
22.9
23.1
23.2
31.9
32.3
32.4
32.4
32.9
33.6
5.1
5.1
5.2
5.2
5.2
5.3
26.5
26.7
26.6
26.8
27.0
27.3
13.9
15.2
14.7
14.7
14.9
15.9
10.9
10.9
11.0
11.1
11.2
11.4
7.5
8.3
8.4
8.6
8.6
8.6
10.2
10.3
10.3
10.3
10.4
10. 6
12.7
12.3
12.3
12.4
12.8
12.7
3.9
3.7
3.8
3.7
3.7
3.8
244.7
247.1
248.2
247.7
250.6
251.2
269.4
276.9
279.7
280.8
280.1
282.1
180.2
186.6
189.6
191.1
192.8
194.1
76.6
82.0
85.1
85.8
86.9
88.3
59.5
64.2
66.9
68.0
68.8
70.1
46.9
47.5
47.4
48.0
48.4
48.3
23.3
23.3
23.7
23.7
23.8
23.9
33.4
33.7
33.5
33.7
33.8
33.6
5.3
5.4
5.5
5.5
5.5
5.5
27.2
27.1
27.2
27.7
27.6
27.8
16.9
16.8
16.5
15.3
12.6
12.6
11.6
11.7
11.8
12.0
12.1
12.2
8.5
8.5
8.5
8.6
8.8
8.8
10.7
10.7
10.8
10.9
11.1
11.2
12.9
13.8
13.6
13.5
13.4
13.8
3.8
3.7
3.8
3.8
3.8
3.9
249.2
256.9
259.8
262.3
264.4
266.3
288.2
198.3
89.4
71.2
49.8
25.1
34.1
6.0
27.5
13.0
12.7
8.9
11.8
14.0
4.0
271.9
282.8
284.7
287.5
287.8
289.1
290.3
194.4
196.2
198.1
198.7
199.8
199.8
88.4
89.3
90.3
90.4
90.6
90.3
70.3
71.1
72.0
72.4
72.5
72.3
48.1
48.7
49.2
49.4
50.0
50.0
24.0
24.3
24.6
24.9
24.9
25.2
33.8
33.9
34.1
34.1
34.3
34.2
5.7
5.8
5.9
5.9
5.9
6.0
27.8
27.8
27.9
27.8
27.7
27.5
14.0
13.2
13.4
12.7
12.8
13.4
12.1
12.2
12.3
12.4
12.4
12.6
7.9
8.6
8.8
9.1
9.2
9.3
11.2
11.3
11.4
11.5
11.6
11.7
13.6
13.6
13.8
13.8
13.7
14.1
3.9
3.9
4.0
4.0
4.0
4.0
265.6
268.4
270.8
271.8
273.1
273.6
289.8
289.2
289.1
290.9
289.1
288.1
200.2
199.8
198.8
199.5
198.0
196.5
90.7
90.2
88.8
89.0
87.7
86.8
72.5
72.1
70.6
70.7
69.6
68.9
50.0
50.2
50.3
50.7
50.6
50.0
25.3
25.2
25.5
25.6
25.5
25.6
34.2
34.3
34.2
34.2
34.2
34.1
6.0
6.1
6.1
6.2
6.2
6.3
27.5
27.3
27.2
27.2
27.1
26.9
12.7
12, 0
13.0
12.9
13.0
13.4
12.7
12.8
13.0
13.1
13.2
13.3
9.2
9.1
9.0
9.0
9. 1
8.7
11.8
11.8
11.9
12.2
12.4
12.5
13.8
14.1
14.0
14.8
14.1
14.5
4.0
4.0
3.9
4.0
3.9
4.0
273.8
273.9
272.8
274.8
273.0
271.7
290.1
196.5
85.4
67.6
50.2
26.4
34.6
6.3
27.6
12.4
13.6
9.3
13.1
16.0
4.6
274.7
287.7
288.7
287. 7
286.6
287.5
287.7
195.6
196.0
195.4
194.9
195.5
195.3
85.9
86.1
85.6
84.9
85.2
84.9
68.2
67.9
67.6
67.1
67.2
67.1
50.0
50.1
50.1
49.9
50.1
49.6
25.5
25.6
25.6
25.9
25.8
26.1
34.1
34.1
34.1
34.2
34.4
34.6
6.2
6.2
6.1
6.2
6.2
6.2
26.7
26.9
27.0
27.2
27.4
27.6
13.8
13.6
12.9
11.9
11.8
12.0
13.1
13.2
13.3
13.4
13.5
13.6
9.6
9.5
9.2
8.9
8.9
8.7
12.5
12.7
12.7
12.9
12.9
13.0
14.8
15.3
15.7
15.8
15.9
15.9
4.6
4.5
4.6
4.6
4.5
4.6
270.7
271.9
271.7
271.6
272.6
272.5
288.2
289. 8
291.6
293. 3
296.1
296.9
194.9
195. 9
195. 9
198.0
199.9
200.8
84.2
84.2
84.0
85.3
87.1
87.5
66.6
66.6
66.5
67.5
69.1
69.5
49.9
50.2
50.1
50.6
50.4
50.8
26.2
26.6
26.9
27.1
27.4
27.4
34.6
34.8
35.0
35.0
35.0
35.1
6.3
6.3
6.4
6.5
6.5
6.6
27.6
27.4
27.7
28.1
28.5
28.6
11.9
12.5
13.3
11.8
12.1
11.7
13.7
13.8
13.8
13.9
13.9
14.0
9.1
9.1
9.4
9.3
9.4
9.5
13.2
13. 2
13.3
13.4
13.5
13.6
16.2
16.1
16.4
17.1
16.9
16.9
4.6
4.6
4.7
4.7
4.7
4.8
273.3
274.3
275.3
278.6
281.0
282. 3
July
August September
October
November
December
- -
1953
January
February
March
April
May
June
- -
July
August
September
October
November December
-
1954
January
February
March
April
May
June
_
•.
July
August
September
October
November
December
--
310.9
211.3
92.8
73.9
53.4
28.9
36.2
7.3
30.3
11.4
13.9
10.5
14.2
17.3
5.2
296.4
June
298.2
300.0
302.4
305.5
308. 1
309.2
201.8
203.1
204.8
207.0
209.4
210.5
88.0
89.0
90.2
91.0
92.5
92.7
69.8
70.7
71.7
72.3
73.5
73.6
51.1
51.3
51.6
52.1
52.7
53.2
27.6
27.6
27.9
28.1
28.5
28.6
35.1
35.2
35.0
35.8
35.7
36.0
6.7
6.9
7.0
7.1
7.2
7.3
29.0
29.2
29.5
29.8
29.9
30.0
11.9
11.8
11.5
11.8
11.7
11.5
13.8
13.8
13.8
13.8
13.8
13.8
9.8
9.9
10.1
10.1
10.2
10.0
13.6
13.7
13.8
13.8
13.9
14.1
16.7
16.8
17.3
17.2
17.2
17.3
5.1
5.0
5.2
5.1
5.2
5.2
283.4
285.2
288.0
290.8
293.3
294.7
July
August
September
October
November
December
313.9
314.3
316.5
317.9
320.4
322.5
214.5
213.6
214.9
216.8
218.7
219.9
93.6
93.5
94.2
95.3
96.6
96.9
74.3
74.4
75.0
76.0
77.5
77.6
53.9
54.3
54.6
55.1
55.3
55.8
29.0
29.4
29.5
29.7
30.0
30.2
38.0
36.4
36.5
36.7
36.8
37.0
7.4
7.5
7.6
7.7
7.7
7.8
30.6
30.6
30.9
31.2
31.3
31.2
10.8
11.4
11.6
11.0
11.3
10.8
13.9
13.9
14.0
14.0
14.1
14.1
10.5
10.8
10.8
10.4
10.5
11.6
14.2
14.4
14.5
14.6
14.6
14.8
17.4
17.5
17.5
17.5
17.5
17.7
5.3
5.3
5.3
5.3
5.4
5.4
300.0
299.9
301.9
303.8
306.1
308.7
333.0
227.8
100.2
79.5
57.7
31.6
38.3
8.4
31.3
11.4
14.3
11.3
15.7
18.5
5.8
318.5
323.0
325.0
326.2
329.3
329. 8
331.9
220.8
222.0
223. 6
226.1
225.7
227.2
97.1
97.3
97.9
99.6
99.0
99.6
77.5
77.3
77.7
79.0
78.3
78.4
56.3
56.7
57.2
57. £
57.4
57.7
30.4
30.7
30.9
31.1
31.3
31.6
37.1
37.3
37.7
37.8
38.0
38.3
7.9
8.0
8.1
8.2
8.3
8.4
30.9
30.9
31.1
31.2
31.2
31.3
11.1
11.5
10.7
10.8
11.1
11.2
14.0
14.1
14.2
14.2
14.3
14.3
11.1
11.2
11.0
11.0
11.1
11.2
14.9
15.0
15.1
15.4
15.6
15.7
17.9
18.0
18.1
18.1
18.3
18.4
5.7
5.7
5.7
5.7
5.8
5.8
308.8
310.5
312.5
315.4
315.5
317.7
331.0
335.6
337.9
341.4
341.4
343.3
225.9
229.2
231.1
233.0
233.4
236.0
98.1
100.8
102.0
103.3
103.1
104.7
77.5
79.6
80.7
82.1
81.9
83.3
57.6
57.9
58.2
58.4
58.7
59.2
31.7
31.9
32.0
32.3
32.4
32.8
38.5
38.6
38.9
39.0
39.1
39.3
8.5
8.6
8.7
8.8
8.9
9.0
31.1
31.4
31.5
31.7
31.9
31.9
11.5
12.0
11.8
12.4
11.6
11.0
14.4
14.4
14.4
14.5
14.5
14.5
11.1
11.1
11.3
11.7
11.8
11.3
15.8
15.9
16.0
16.2
16.4
16.5
18.5
18.9
18.9
19.0
18.9
19.1
5.8
5.9
5.8
6.0
6.0
6.0
316.4
320.5
323.0
325.9
326.7
329.2
1955
January
February
March
April
May
__.
1956
January
February
March
April
May
June
..
-
July
August
September
October
November
December
_
1957
January
February
March
April
May
June
July
August
September
October
November
December
..
_ __
--
_
__ __
__.
351.1
238.7
103.8
82.5
60.5
33.9
40.4
9.5
32.8
11.3
14.8
11.7
17.6
21 A
6.7
336.6
343.2
346.4
347.8
348.2
349.8
352.4
235.3
237.5
238.1
237.6
237.9
239.6
103.9
104.8
104.7
104.3
103.8
104.5
82.8
83.4
83.3
83.0
82.5
82.9
59.2
59.7
60.0
60.0
60.2
60.8
32.8
33.3
33.5
33.6
33.6
33.8
39.4
39.7
39.9
39.8
40.2
40.5
9.0
9.1
9.2
9.3
9.3
9.5
32.4
32.7
32.6
32.7
32.8
33.0
10.8
10.8
10.9
10.9
11.0
11.1
14.5
14.5
14.6
14.7
14.7
14.8
11.6
11.6
11.8
11.9
11.9
12.0
16.7
16.8
17.0
17.2
17.4
17.6
19.7
20.0
20.3
20.7
21.6
21.6
6.7
6.6
6.7
6.6
6.7
6.7
329.3
332.4
333.7
334.2
335.7
338. 1
353.9
355. 5
354.5
354.4
354.8
353.7
240.2
241.2
240.3
239.1
239.3
238.0
104.5
104.7
103.7
103.0
102.6
101.4
83.0
83.4
82.3
81.7
81.4
80.1
60.9
61.3
61.1
60.9
61.2
61.0
34.1
34.2
34.4
34.2
34.5
34.6
40.7
40.9
41.1
41.0
41.0
41.1
9.5
9.6
9.7
9.8
9.9
10.0
33.1
33.1
33.0
32.9
32.7
32.4
11.6
11.9
11.6
11.5
11.5
11.8
14.9
15.0
15.1
15.1
15.0
14.9
12.1
12.0
12.0
11.9
11.9
11.5
17.8
17.9
18.1
18.2
18.3
18.4
21.5
21.6
21.6
22.5
22.8
23.3
6.8
6.8
6.7
6.7
6.7
6.6
339.0
340.4
339.8
339.7
339.9
338. 5
55
Table 18.—Personal Income: Seasonally Adjusted Monthly Totals at Annual Rates, 1958-1964
[Billions of dollars]
Wage and salary disbursements
Personal
income
Year and month
All industries
Commodityproducing
Total Manufacturing
Proprietors'
income
Distrib- Service Government
utive
Other
labor
income
Business
and professional
Farm
Rental
income
of
persons
Dividends
Personal
interest
income
Less:
Personal
Trans- contribu- Nonagrifer pay- tions for cultural
ments
social
income
insurance
361.2
239.9
99.7
78.7
60.8
35.9
43.5
9.9
33.2
13.4
15.4
11.6
18.9
25.7
6.9
344.3
353.8
353.5
355.3
354.6
355.8
357.6
364.0
363.8
365. 7
366.4
370.8
372.6
236.5
234.9
234.8
233.4
234.4
236.9
242.6
241.5
243.0
243.6
248.0
249.3
100.1
97.9
97.7
96.5
96.5
97.5
98.5
100.1
101.1
100.8
104.4
104.9
78.9
77.5
77.1
76.0
75.9
77.0
77.8
79.2
80.0
79.3
82.5
83.1
60.4
60.4
60.2
59.5
59.9
60.2
60.5
60.9
61.3
61.6
62.2
62.6
34.8
35.0
35.1
35.4
35.7
35.8
35.9
36.1
36.3
36.7
36.7
36.9
41.2
41.5
41.8
41.9
42.2
43.4
47.7
44.5
44.4
44.5
44.7
44.8
9.8
9.7
9.6
9.6
9.7
9.9
9.9
9.9
10.0
10.1
10.3
10.5
32.4
32.4
32.5
32.7
32.9
32.9
33.2
33.3
33.4
33.8
34.3
34.2
12.6
14.1
15.0
14.0
13.5
12.9
13.3
13.3
13.4
13.0
13.0
13.0
15.3
15.3
15.3
15.4
15.4
15.4
15.4
15.4
15.4
15.5
15.6
15.6
11.6
11.6
11.6
11.7
11.7
11.7
11.6
11.6
11.6
11.4
11.3
11.3
18.3
18.4
18.5
18.5
18.6
18.7
18.9
19.1
19.2
19.4
19.6
19.8
24.0
23.9
24.8
25.8
26.4
26.0
26.3
26.6
26.5
26.5
25.8
25.8
6.8
6.7
6.7
6.7
6.7
6.8
7.1
6.9
6.9
6.9
7.0
7.0
337.8
336.1
337.1
337.2
338.9
341.4
347.4
347.0
348.9
349.7
354.2
356.0
1959
383.5
258.2
109.1
86.9
64.8
38.7
45.6
11.3
35.1
11.4
15.6
12.6
20.7
26.6
7.9
368.5
January
February
March
April
373.5
375.8
378.6
381.8
384.0
385.6
386.0
383.4
383.9
385.0
389.0
395.3
250.7
252.4
254.8
257.4
259.7
260.7
260.4
258.6
258.3
259.1
261.0
265.2
105.9
106. 7
108.4
109.8
111.0
111.5
110.8
108.2
108.0
107.6
108.9
112.4
83.9
84.8
86.4
87.4
88.6
89.0
88.6
86.2
86.2
85.7
86.4
89.8
63.0
63.4
63.7
64.2
64.9
65.0
65.1
65.4
65.2
65.5
65.9
66.0
37.0
37.3
37.7
38.1
38.3
38.4
38.8
39.0
39.2
39.9
39.9
40.3
44.9
45.0
45.0
45.3
45.5
45.7
45.7
45.9
45.9
46.1
46.3
46.5
10.5
10.7
10.9
11.0
11.1
11.3
11.4
11.5
11.6
11.6
11.7
11.8
34.2
34.5
34.9
35.2
35.4
35.6
35.5
35.2
35.4
35.2
35.2
35.3
12.7
12.4
12.1
11.9
11.7
11.6
11.8
10.3
10.1
9.7
10.9
12.1
15.3
15.2
15.3
15.5
15.5
15.6
15.7
15.7
15.8
15.8
15.8
15.9
11.8
12.1
12.2
12.3
12.4
12.5
12.6
12.8
12.9
12.9
13.0
13.2
19.8
19.9
20.0
20.0
20.2
20.4
20.6
20.9
21.2
21.4
21.7
22.2
26.1
26.4
26.4
26.4
26.0
26.0
26.1
26.4
26.8
27.1
27.7
27.7
7.8
7.7
7.8
7.9
7.9
8.0
8.1
7.9
8.0
7.9
8.0
8.1
357.2
359.9
363. 0
366.3
368.8
370.5
370.8
369.6
370.3
371.7
374.3
379.6
1958
January
February
March
April
May
June
July
August..
September .,
October
November
December
_
-_
May
June
July
August
September
October
November
December
1960
January
February
March _.
April
May
June _ _
July
August
September
October
November
December
_
_
--.^ .„„._
_
..
.
--
1961
January
February
March
_
April
May .
June
-_
July
August
September
October.
November
December
.
_ _
1962.
401.0
270.8
112.5
89.7
68.1
41.5
48.7
12.0
34.2
12.0
15.8
13.4
23.4
28.5
9.3
385.2
396.4
396.5
396.9
400.2
401.7
401.9
402.8
403.3
403.8
404.8
403.8
401.3
268.3
268.8
269.4
271.2
272.0
271.7
272.5
272.4
272.1
272.6
270.9
268.0
113.9
114.1
113.6
114.0
114.3
113.6
113.3
112.3
111.5
111.5
110.2
107.4
91.3
91.2
91.2
91.1
91.3
90.7
90.3
89.5
88.7
88.7
87.4
85.1
66. 8
66.9
67.8
68.4
68.3
68.3
68.6
68.7
68.6
68.9
68.3
68.0
40.6
40.6
40.4
40.9
41.2
41.4
41.7
42.0
42.3
42.2
42.3
42.4
47.0
47.2
47.6
47.9
48.2
48.4
48.9
49.5
49.8
49.9
50.1
50.2
11.7
11.8
11.8
11.9
11.9
12.0
12.0
12.1
12.1
12.2
12.2
12.3
35.0
34.8
34.5
34.7
34.6
34.3
34.1
33.9
33.8
34.0
33.8
33.7
11.2
10.6
10.2
11.6
12.2
12.5
12.4
12.4
12.4
12.5
12.8
12.8
15.7
15.8
15.8
15.8
15.8
15.8
15.8
15.9
15.9
15.9
15.9
15.9
13.3
13.3
13.4
13.4
13.5
13.5
13.7
13.7
13.8
13.8
13.7
13.4
22.8
23.1
23.0
23.1
23.2
23.2
23.4
23.5
23.7
23.9
24.1
24.2
27.5
27.5
28.0
27.8
27.9
28.1
28.2
28.8
29.3
29.4
29.8
30.4
9.2
9.2
9.2
9.3
9.3
9.3
9.4
9.4
9.3
9.4
9.3
9.3
381.4
382.2
383.0
384.7
385.7
385.6
386.6
387.2
387.6
388.6
387.0
384.7
416.8
278.1
112. S
89.8
69.1
44.0
52.2
12.7
35.6
12.8
16.0
13.8
25.0
32.4
9.6
400.0
404.8
405.5
409.5
409.6
412.2
415.8
419.6
418.8
419.8
424.3
428.6
431.1
270.3
270.7
271.5
273.2
274.6
277.8
279.0
28C.3
280.4
283,7
286.9
288.2
109.1
108.8
109.3
110.3
111.3
113.3
113.7
114.2
112.9
115.7
117.5
117.9
86.5
86.4
86.7
87.8
88.8
90.0
90.5
91.2
89.6
92.2
93.9
94.3
68.0
68.1
67.8
68.2
68.3
68.7
69.5
69.4
69.9
70.2
70. 3
70.5
42.8
43.0
43.4
43.4
43.6
43.9
43.8
44.3
44.5
44.4
45.0
45.3
50.5
50.8
51.0
51.3
51.4
51.9
52.1
52.5
53.1
53.4
54.1
54.5
12.3
12.4
12.5
12.5
12.6
12.6
12.7
12.9
12.9
13.0
13.1
13.2
34.4
34.6
34.9
35.1
35.4
35.8
35.8
35.9
36.0
36.3
36.5
36.5
12.7
12.8
12.9
12.7
12.7
12.7
12.7
12.7
12.8
12.9
13.2
13.4
15.9
15.9
15.9
15.9
15.9
15.9
15.9
16.0
16.0
16.0
16.1
16.1
13.5
13.5
13.5
13.3
13.4
13.5
13.5
13.6
13.8
14.0
14.1
14.4
24.1
24.2
24.4
24.4
24.5
24.8
25.0
25.3
25.5
25.8
26.0
26.3
30.9
30.8
33.5
31.8
32.7
32.5
34.6
31.9
32.0
32.3
32.5
32.9
9.4
9.4
9.5
9.4
9.5
9.7
9.7
9.7
9.7
9.8
9.8
9.9
388.2
388.8
392.7
393.0
395.6
399.1
403.0
402.2
403.0
407.4
411.4
413.8
442.6
296.1
120.8
96.7
72.5
46.8
56.0
13.9
37.1
13.0
16.-7
15,2
-27.7
33.3
10.3
425.5
117.0
118.3
119.5
121.1
120.8
120.8
121.5
121.4
122.2
121.6
122.4
122.4
93.8
94.8
95.7
96.8
96.7
96.8
97.2
97.0
97.8
97.4
98.0
98.0
70.5
71.1
71.8
72.0
72.3
72.6
72.8
72.9
73.4
73.3
73.6
73.9
45.5
45.7
46.0
46.6
46.7
46.9
47.1
47.1
47.2
47.5
47.8
47.9
54.7
55.2
55.4
55.5
55.6
55.7
55.8
56.1
56.3
56.6
57.2
57.6
13.3
13.4
13.5
13.6
13.7
13.8
13.9
14.1
14.1
14.3
14.4
14.4
36.6
36.7
37.0
37.1
37.2
37.1
37.2
37.2
37.3
37.1
37.3
37.3
13.6
13.5
13.5
13.5
13.3
13.1
12.8
12.7
12.6
12.6
12.6
12.7
16.3
16.3
16.3
16.4
16.5
16.6
16.7
16.8
16.9
17.1
17.2
17.3
14.2
14.4
14.6
14.9
15.0
15.1
15.1
15.3
15.5
15.4
15.3
16.0
26.1
26.3
26.5
26. 8
27.1
27.5
27.9
28.2
28.6
28.8
29.1
29.5
33.1
32.9
33.4
32.7
32.9
33.0
33.0
33.3
33.2
34.2
34.1
34.0
10.2
10.1
10.3
10.3
10.3
10.3
10.4
10.4
10.3
10.5
10.5
10.5
413.1
416.1
419.7
422.2
423.4
424.6
426.5
427. 8
430.2
431.3
433.7
435.8
January
February. _
March
April
May.
June
July
___
August
September..
October
November
December
430.7
433.7
437.2
439.8
440.8
441.8
443.4
444.6
447.0
447.9
450.4
452.6
287.8
290.3
292.7
295.1
295.5
296. 0
297.3
297.4
299.1
299.0
301.0
301.9
1963 ..
464.8
311.2
125.7
100.6
76.0
49.9
59.6
14.8
37.8
13.0
17.6
15.8
31.1
35.2
11.8
447.4
456.6
454.9
456.7
457.2
460.0
463.1
464.8
467. 1
469.3
473.2
474.7
478.9
303.3
304.5
305.8
306.2
308.3
310.7
311.4
312. 9
314.6
317.4
318.3
320.8
122.8
122.8
123.6
123.5
124.8
125.8
126.2
126.2
127.2
127.9
128.2
129.6
98.4
98.4
99.1
98.8
99.9
100.5
100.8
100.7
101.6
102.3
102.9
103.8
74.1
74.6
74.8
74.9
75.3
75.8
75.9
76.5
76. 8
77.4
77.7
78.0
48.5
48.9
49.0
49.2
49.4
49.7
49.9
50.3
50.5
50.9
51.0
51.3
57.9
58.2
58.5
58.7
58.8
59.4
59.3
59.8
60.1
61.2
61.4
61.8
14.3
14.4
14.4
14.5
14.6
14.7
14.8
14.9
15.0
15.2
15.4
15.5
37.4
37.6
37.6
37.6
37.5
37.7
37.9
37.9
37.8
38.0
37.8
38.1
13.1
13.3
13.3
13.0
12.9
12.7
13.0
13.0
13.0
13.0
13.1
13.0
17.1
17.1
17.2
17.3
17.4
17.5
17.6
17.7
17.8
17.9
18.0
18.1
15.6
15.6
15.4
15.5
15.7
15.9
15.9
15.8
15.8
15.9
16.0
16.5
29.5
29.7
29.9
30.1
30.4
30.8
31.2
31.7
32.1
32.4
32.6
33.0
38.0
34.3
34.6
34.5
34.8
34.8
34.8
35.1
35.1
35.4
35.3
36.1
11.7
11.5
11.6
11. 6
11.7
11.7
11.9
11.9
11.8
12.0
11.9
12.2
439.3
437.4
439.1
439.8
442.8
446.0
447.4
449. 7
451.9
455.8
457.4
461.8
January
February
March
April
May
June
July .. ._
August.September
October _
November
December
_ _
1964
January
February
March
April
May..
June
July
August
September
October _
November
December
_ __
__
495.0
333.5
133.9
107.2
81.1
54.1
64.3
16.5
39.1
12.0
18.2
17.2
34.3
36.6
12.4
478.7
481.2
483.2
484.5
487.7
491.2
492.8
496.1
499.5
501.7
502.8
506.6
512.0
321.6
325. 1
326.0
328.3
330.9
332.1
334.3
337.1
338.7
339.4
342.6
346.2
129.1
130.4
130.9
132.2
133.0
133.6
134.2
135.2
136.2
135.2
137.4
139.8
103.5
104.1
104.6
105.7
106.2
106.8
107.3
108.3
109.6
107.9
110.1
111.9
78.4
79.4
79.4
79.8
80.6
80.8
81.7
82.0
81.9
82.6
83.3
83.8
51.8
52.6
52.7
53.1
53.7
53.8
54.3
54.6
55.1
55.6
55.8
56.2
62.2
62.7
63.0
63.2
63.6
63.9
64.1
65.2
65.6
66.1
66.1
66.4
15.6
15.8
15.9
16.1
16.3
16.4
16.6
16.7
16.8
17.0
17.1
17.1
38.3
38.6
38.5
38.8
39.0
39.1
39.4
39.3
39.4
39.4
39.6
39.9
12.1
11.9
11.7
11.9
12.0
12.1
11.8
12.0
12.1
12.0
12.2
12.4
17.9
17.9
18.0
18.1
18.1
18.2
18.3
18.3
18.4
18.4
18.5
18.5
16.6
16.8
16.8
16.9
17.2
17.3
17.4
17.3
17.4
17.5
17.7
18.1
32.9
33.3
33.4
33.5
33.8
34.1
34.5
34.8
35.0
35.1
35.2
35.5
38.4
36.0
36.2
36.4
36.3
36.0
36.4
36.4
36.4
36.6
36.5
37.0
12.3
12.2
12.2
12.3
12.3
12.4
12.5
12.5
12.6
12.6
12.7
12.8
464.9
467.1
468.5
471.3
474.8
476.3
479.9
483.1
485.5
486.5
490.4
495.3
56
U. S. GOVERNMENT PRINTING OFFICE : 1965 O - 781-756
CURRENT BUSINESS STATISTICS
JL 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.
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.
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
| 1963 J 1964
1962
II
Annual total
Data from private sources are provided
1963
III | IV
I
II
|
1964
III | IV
I
II
1965
| III
IV
I
II
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
National income totalf
Jbil. $ _
Compensation of employees, total
do _
Wages and salaries total
- do__
Private
do
Military
do
Government civilian
_ do
Supplements to wages and salaries
do
Proprietors' income, totalcf 1 _
_..,do
Business and professional^
- do__
Farm
__
do__ _
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
Net interest
_.
Gross national product, totalf
-
do
do
do__
.do
„ .... do
__ do
do_.__
T
457. 7 ' 481. 1
r 514. 4
r
456. 0 ' 460. 4 ' 465. 6 «- 470. 4
f 476. 7
r
484. 6 f 492. 6
r 501. 6
r
510. 5
»• 519. 5
r
526. 3
r
541. 4 v 550 4
323.6
341.0
365.3
322.9
325.7
328.8
333.6
338.0
343.0
349.5
355.1
361.9
369 0
375 4
383 1
388 7
296.1
240.1
10.8
45.2
27.5
50.1
37.1
13.0
16 7
311.2
251.6
10.8
48.8
29.8
50.8
37.8
13.0
17.6
333.5
269.2
11.7
52.6
31.8
51.1
39.1
12.0
18.2
295.6
240.0
11.0
44.6
27.4
50.4
37.1
13.3
16.5
297.9
241.8
10.6
45.4
27.8
49.9
37.2
12.7
16.8
300.6
243.5
10.3
46.8
28.2
49.8
37.3
12.6
17 2
304.5
246.3
10.5
47.7
29.0
50.7
37.5
13.2
17 1
308.4
249.4
10.6
48.4
29.6
50.5
37.6
12.9
17 4
312.9
253.2
10.7
49.1
30.1
50.9
37 9
13.0
17 7
318.8
257.4
11.6
49.9
30,7
51.0
38 0
13.0
18 0
324 2
261.6
11.6
51 0
30 8
50.4
11 9
17 9
330 4
266.9
11.6
51 9
31.5
51.0
39 0
12.0
18 1
336 8
271.7
11.7
53 3
32 2
51.4
39 4
12 0
18 3
342 6
276 5
11.9
54 3
32 7
51.8
39 6
12 2
18 5
34° 8
282 9
11 8
55 0
33 4
51.9
39 9
12 0
18 5
355 0
287 3
11 8
55 9
33 8
54.6
40 1
14 5
18 6
55.7
58.1
64.5
54.9
56.1
57.4
56.3
57.6
59 1
59.6
63.6
64.5
65 5
64 9
71 7
v 72 1
55 4
24 2
31 2
15.2
16.0
3
58.6
26.0
32.6
15.8
16.8
—.4
64.8
27 6
37.2
17.2
19.9
-.3
54.8
23.9
30.9
15.0
15.9
.0
56.0
24 4
31.5
15.3
16.2
.1
56.5
24 7
31 8
15.6
16.3
9
56.1
24 9
31 2
15.6
15.6
2
58.5
26 0
32 6
15.7
16.8
— 9
58 9
26 1
32 8
15 8
17.0
2
60 8
27 0
33 8
16 1
17,7
—1 2
64 0
27 3
36 7
16 7
20.0
— 4
64 5
27 5
37 0
17 1
19.9
0
65 3
27 8
37 5
17 4
20.1
2
65 9
28 1
37 8
17 7
20.0
—10
73 1
29 1
44 0
17 8
26.2
—1 4
p 73 8
* 29 4
J» 44 4
v 18 2
P 26.2
17
15 2
11.3
11 8
12 4
12 7
13 2
13 9
14 5
14 5
15 0
15 4
15 7
564 4 r 572 0 r 577 o
r 583 1
r 593 i
r 603 6
r 614 0
r 624 2
r 634 8
r 641 1
13.6
11 6
do
'560 3
Personal consumption expenditures, total. ..do
355.1
r
589. 2
373.8
r
628 7 ' 557. 2
398.9
r
OO
K
16 1
f
656 4
357.2
363.0
368.0
371.1
376.6
379.5
389.1
396.0
404.6
405.9
416.9
Durable goods, total ©
_..do
48 5
53 4
58 7
50 1
49 5
Automobiles and parts
__:
do_.._
24.3
25.8
21.6
22! 3
22.0
Furniture and household equipment. —do
21.9
24.7
20.7
20.5
20.0
Nondurable goods, total©..
do__
162.6
168 0
177 5
161 6
163 2
29 6
Clothing and shoes
do
29 4
30 5
33 3
29 7
Food and alcoholic beverages
...do
85.7
85.2
88.2
92.3
86.2
Gasoline and oil _ _
do
12 9
12 7
13 5
14 0
12 9
Services, total ©
do
143 0
152 3
162 6
141 6
144 0
Household operation.. _
do
22 0
23 1
21 7
24 4
22 2
Housing
do
52 0
55 5
51 3
59 5
52 6
Transportation
do
11 0
11 7
11 4
11 0
11 0
Gross private domestic investment, total
do
83.0
92.9
86.9
82.8
84.3
Fixed investment
_
do
77 0
81 2
88 1
76 7
79 2
Nonresidp.ntial
do
51 7
51 3
54 3
60 5
53 1
Structures- _
__ _
do
19 2
19 7
19 2
21 1
19 7
Producers' durable equipment
do
32.5
32 1
39 4
34 6
33 5
Residential structures
_ _ _ do
25 3
25 4
26 9
27 5
26 0
Nonfarm
do
24 8
24 8
27 0
26 3
25 4
Change in business inventories.
do
6.0
4.8
6.1
5.2
5.7
Nonfarm
._._
. . . do-53
54
49
56
43
Net exports of goods and services..
do__
51
59
54
86
57
Exports..
..
do
30 3
32 4
37 0
30 9
30 6
25 l
Imports .
.-,_• . _
do
26 4
25 2
25 °
28 5
Govt. purchases of goods and services, total._do
117.1
122.6
128.4
117.4
117.0
Federal
_ _
_
do
63 4
64 4
64 0
63 3
65 3
National defense
. do__
51 6
50 8
49 9
53 0
51 3
State and local
. _ do
53 7
58 3
53 1
54 1
63 1
By major type of product: f
Final sales, total
do
554.3 583.5
623.9
551. 1 559.2
Goods, total
do
278 5
291 1 311 3
281 1
276 6
Durable goods
_
__do
106.2
113.1 122.8
105.5
107.9
Nondurable goods
.do
172.2
178. 1 188.4
173.2
171.1
Services
do_.
213 3
226 9
2*4: 0
212 1 214 6
Structures
do
62 6
65 5
62 4
68 6
63 6
Inventory change, total
do
5.7
5.2
6.0
4.8
6.1
Durable goods
___. "do.
28
28
29
33
28
Nondurable goods......
do...
3.2
2'. 9
L5
2*. 3
3*.3
r
Revised. *> Preliminary. fRevised series. Estimates of national income and product
and personal income have been revised back to 1929 (descriptive material and earlier data
appear on p. 6 ff. and p. 24 ff., respectively, of the Aug. 1965 SURVEY); revisions prior to June
51 1
23.0
21.0
165 3
30 2
86.7
13 4
146 7
22 4
53 6
11 2
84.7
78 3
52 7
19 5
33 2
25 6
25 0
6.4
53
4 9
30 5
25 5
119.3
64 4
50 9
55 0
52 2
23.6
21.4
166 6
30 3
87.5
13 3
52 6
23.9
21.4
167 4
30 2
88.1
13 4
m i
22 8
55 3
11 4
84.8
80 1
54 1
24.6
22.1
169 2
31 1
88.5
13 5
54 9
24.9
22.7
168 9
30 6
88.7
13 7
57 4
25.5
23.9
173 7
32 3
90.6
14 0
59 1
25.7
25.1
175
7
qq 9
60 5
27.1
25.0
179 8
91.3
13 9
93.3
14 0
57 9
24.8
24.8
180 9
"R4 n
94.1
!
14 2
63 9
29.7
25.3
183 0
34 3
94.9
14 2
1 cq q
1 cc 7
23 5
55 7
11 4
87.9
82 1
55 1
20* 0
35 1
26 9
26 4
5.8
52
57
23 3
56 5
11 5
92.4
94 4
94 8
94 8
24 9
ec c
23 6
57 5
11* 7
89.7
86
5
CO -I
20 5
36 0
27 g
20 7
37 5
28 4
97 8
21 1
37 9
27 9
97 ^
9fi fi
3.3
36
88
4.1
51
7 7
3.8
4fi
88
q7 q
351.7
149 2
22 g
54 5
11 3
82.6
78 1
en -I
Cq A
19 0
33 1
26 0
25 4.
4.5
38
45
19 2
34 2
26 7
26 1
4.7
4 2
6 2
A
qo a
25 6
121.9
65 4
51 5
56 5
26 2
120.9
63 6
50 5
57 4
26 9
123.0
64 2
51 0
58 8
qr» n
q9
84. °.
97 3
8.1
69
73
9,4. A
27 i
124.3
64 4
50 3
59 9
°.fi q
27 5
126.3
65 0
49 8
61 3
CO
qq o
(\t A
0
n
an n
11 7
90.9
o
11 9
12 0
92.6
97.7
on Q
88 8
QA
9
(>r>
f
91 1
91
^
40 5
07 2
42 0
26 7
102.4
93 7
fifi n
21 8
44 2
27 7
27 1
8.7
93
6 2
34 8
28* 6
130.9
64 9
48 9
66 0
CO Q
qo o
90 9
129.7
67 0
51 7
fi9 7
98 ^
128.7
fid Q
49 5
ao o
9fi 9
7.5
7 8
89
qo A
9Q
K
128.6
64 3
48 8
fi4 ^
665 9
424.4
«q 7
28.9
25.6
1R7 fi
qe Q
97.2
14 7
c)K
q
A4 O
19 1
101.1
Q4 4
99 7
43 7
28 0
97
*\
6.7
7 1
7 5
qn o
09
0
132.9
65 9
49 4
R7 n
572.5
587.3 595.5
565.6
578.4
610.7
647.6
620.1 631.0
633.6
659.2
qno q
qi K Q
qqr» c
qrc /•)
q9q o
qrwi Q
9QK q
9Q9 Q
283 8
287 2
^89 2
108.1
109.8
114.3
130.9
112.0
116.2
124.3
132.3
120.1
121.6
125.4
177.4
175.6
177.2
179.1
184.9
178.6
191.5
192.9
186.8
198.2
190.6
257 8
232 1 237 3 242 8
218 5 222 1 225 1 228 2
254 2
249 7
246 4
CO -I
CO K
fi4 1
fifi 9 CO f)
fi8 R
fiQ n
fiQ fi
63 4
63 2
W Q
4.5
6.4
4.7
5.8
8:7
3.3
4.1
3.8
7.5
6.7
8.1
17
20
34
2 3
22
71
38
35
27
44
6 2
2*. 5
4! 7
L6
.5
L*4
3*5
3.1
4*. 3
LI
LI
.*6
1964 for personal income appear on pp. 54-56 of the Aug. 1965 SURVEY. (^Includes inventory
valuation adjustment. ©Includes data not shown separarely.
s-1
781-756 O - 65 - 5
16 4
r
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition of BUSINESS STATISTICS
1962 J 1963
| 1964
1962
III
Annual total
August 1965
1964
1963
IV
I
II
III
IV
II
I
1965
III
. IV
I
II
III
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
.|
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1958) dollars
Gross national product, totalf
_______bil. $__ «• 530. 0 ' 550. 0 ' 577. 6 ' 533. 6 ' 538. 5 r 541. 2
* 544. 9
r 553. 7
r 560. 0
338. 6
352.4
372.1
340.3
344.8
348.3
350.0
355. 1
356.4
364. 5
369.8
377.3
376.8
385.9
390.2
do
do
--do
49.2
158.4
131. 1
53.2
161.8
137.3
58.5
169.4
144.2
49.7
158.9
131.8
50.8
160.2
133.8
52.0
161.0
135. 3
52.3
161.2
136.5
54.1
163.0
138.0
54.7
162.1
139.6.
57.0
166.4
141. 1
58.7
167.8
143.3
60.2
171.6
145.5
57.9
171.8
147.1
63.7
173.4
148. 8
63.5
176.2
150.5
do
do
do
do
do
do
79.4
73.4
49.7
23.8
6.0
4.5
82.3
76.6
.51.9
24.7
5.7
5.6
86.3
81.7
57.1
24.6
4.6
8.5
80.6
75.3
51.1
24.2
5.3
4.9
80.7
74.5
50.7
23.8
6.2
4.4
78.7
74.2
50.0
24.2
4.4
4.0
80.5
75.8
51.2
24.6
4.6
5.8
83.0
77.2
52.6
24.6
5.8
5.5
83.8
80.7
55.1
25.7
3.0
9.0
85.2
80.7
55.7
25.0
4.5
8.1
86.0
82.2
58.1
24.1
3.8
8.7
90.2
83.1
59.6
23.6
7.1
8.3
94.7
86.2
61.9
24.3
8.6
6.0
93.0
86.5
62.0
24.5
6.5
6.7
Qovt. purchases of goods and services, total-do
Federal
do
State and local
do
107.5
60.0
47.5
109.8
59.7
50.0
110.7
57.8
52.8
107.8
60.2
47.6
108.5
60.6
48.0
110.3
61.3
49.1
108.7
59.2
49.5
110. 0
59.7
50.3
109.6
58.7
50.8
109. 9
58. 2
51. 7
112.8
59.9
52.9
110.5
57.1
53.4
109.4
56.1
53.3
110.9
56.4
54.5
111.5
56.8
54.7
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rotes
Personal income total
bil $
Less: 5Personal tax and nontax payments
do
Fcfiifili !: Disposable personal income
do
Less: Personal outlays 0
do
Equals: Personal saving §
do
442.6
57.4
385.3
363.7
21.6
464. 8
60.9
403.8
383.4
20.4
495.0
59.2
435.8
409.5
26.3
445.0
58.1
386.9
365.9
20.9
450.3
59.5
390.8
371.9
18.9
456.1
60.4
395.7
377.1
18.5
460.1
60.6
399.4
380.5
18.9
467.1
61.0
406.1
386.3
19.8
475. 6
61.6
414.0
389. 5
24. 4
483. 0
60. 4
422. 6
399. 3
23. 3
490.6
56. 9
433.6
406.3
27.3
499.1
58.8
440.3
415.3
25.0
507.1
60.7
446.4
416.9
29.5
516.6
64.8
451.9
428.1
23.8
524.9
66.0
458.9
436.0
23.0
11.09
9.40
11.11
11.54
12.84
10.79
4.67
2.37
2.30
5.59
2. 83
2.76
4.54
2.25
2.28
5.40
2.67
2.73
5.57
2.77
2.80
.29
.39
.58
1.32
1.08
2.59
.34
.41
.78
1.66
.34
.39
.60
1.82
34.04
34.19
Personal consumption expenditures, total.. do.»._
Durable goods
Nondurable goods
Services
-
.
.
Gross private domestic investment total
Fixed investment
Nonresidential
Residential
Change in business inventories
Net exports of goods and services
' 567. 1 * 575. 9 ' 582. 6 ' 584. 7 «• 597. 5
86.9
79.0
53.7
25.3 .
7.9 •
7.1
«• 601. 4
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadiusted quarterly or annual totals:
All industries
37.31
39.22
44.90
9.62
10.18
8.25
9.74
10.14
15.69
7.85
7.84
18.58
9.43
9.16
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
4.53
2.30
2.23
1.04
1.10
1.92
5.65
3.79
10.03
1.19
1.41
2.38
6.22
4.30
10.83
.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
.29
.36
.63
1.58
•1.10
2.61
.30
.37
.59
1.71
1.06
2.84
.33
.35
.64
1.76
1.17
3.01
do
38.35
37.95
36.95
38.05
40.00
41. 20
42.55
43.50
45.65
47.75
49.00
149.60
2 50. 80
do
do
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
17.80
9.00
8.80
18. 85
9.60
9.20
20.15
10.15
10.00
20.75
10.40
10. 40
21.25
10.45
10.85
22.35
11.20
11.20
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
1.15
1.25
2.25
6.30
4. 30
10.45
1.20
1.50
2.40
6.30
4.40
11.00
1.30
1.55
2.60
6.35
4.40
11.40
1.25
1.75
2.55
6.80
4.55
11. 30
1.30
1.45
2.75
6.60
1.35
1.50
2.50
6.60
316.20
3 16. 50
4,800
4,815
4,825
4,835
4,850
4,860
4,875
4,895
4,910
4,930
bil. $
Manufacturing..
.
Durable goods Industries
.___
Nondurable goods industries.
do
do
do
14.68
7.03
7.65
Mining _
Railroads
Transportation, other than rail__
Public utilities .
CfvmTrmri1w,tinTip
Commercial and other
do
do
do.
do
do
do
1.08
.85
2.07
5.48
3.63
9.52
Seas. adj. qtrly. totals at annual rates:
All industries
Manufacturing
Durable goods industries
Mining
do
Railroads
do
Transportation other than rail
do
Public utilities '
do
Communications
do
Commercial and other
do
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adil1Sf"Pf1^
fhniiQ
44,755
* 4, 797
33, 585
36,280
40,018
8, 443
8,610
8,803
9,595
8,619
9,263
9,380
9,691
9,997
10,950
9,730
U.S. BALANCE OF INTERNATIONAL
PAYMENTScft
Quarterly Data are Seasonally Adjusted
Imports :
Merchandise
^Military expenditures
Other services-
do
do
»_ __do_
16, 173
3,078
5,878
16, 992
2,929
6,515
18, 619
2,824
7,014
4,097
752
1,454
4,053
801
1,528
4,058
755
1,576
4,219
738
1,594
4,343
721
1,653
4,372
715
1,692
4,410
732
1,736
4,599
720
1,742
4,709
691
1,736
4,901
681
1,800
4,663
664
1,824
Remittances and pensions—
Qovt. grants and capital outflows
do
_ _ _ _do
738
4,293
837
4, 551
839
4,260
176
1,073
192
1,079
216
1,104
212
1,294
201
1,019
208
1,134
209
966
203
1,083
207
1,085
220
1,126
221
959
3, 425
1, 654
1, 227
544
4,456
1,976
1,695
785
6,462
2,376
1,975
2,111
891
436
217
238
957
514
314
129
1,094
626
562
-94
1,538
466
586
486
682
266
319
97
1,142
618
228
296
1,327
464
274
589
1,344
540
256
548
1,569
551
612
406
2, 222
821
833
568
1,399
1,003
684
-288
32, 579
34, Oil
38,381
8,436
8,371
7,764
8,563
8,677
9,007
9,411
9,261
9,695
10, 014
9,156
20, 604
do
...do.. .. 9,674
22, 069
10, 284
5,293
25, 288
11, 729 • 2,362
5,037
2,581
4,993
2,510
5,494
2,615
5,622
2,516
5,960
2,643
6,149
2,935
6,067
2,924
6,382
2,953
6,690
2,917
5,589
3,111
183
78
194
260
404
135
189
215
213
114
193
77
190
170
101
306
173
283
-574
-94
U.S. private capital (net)
Direct investments
Long-term portfolio.
Short-term
do
do
„_
_do__ ~
_______do
...
_
U.S. receipts recorded
Exports:
Merchandise
Services and military sales.
do
970
688
697
667
606
175
287
466
-1,006 -2,269
-1,197 -401
-1,637
-1,161
-7
-426
-239
-472
-1,039 -1,032
-76
-160
58
-268
-256
103
31
-288.
-430
-152
-302
-291
-936
-430
Total, net receipts or payments (— )
do
-433
-711
-2, 203 -2,670 -2,798
Net receipts or payments (-), inel. transactions in
nonmarketable, medium-term convertible Govt.
securities
__.mil. $__
-1,967 -2,423
r
Revised.
v Preliminary.
1
Estimates
for
Apr.-June
1965
based
on
anticipate
d capital expendi bures of I usiness.
2
Estimates for July- Sept. 1965 based on anticir>ated cai)ital exp enditures of business.
Anticipated expenditures for the year 1965 are as f ollows (i n bil. $) All ind ustries, ^)0.40;
manufacturing, total, 21.78; durable goods industri es, 10.89 nondur able goo ds industries,
10.89; mining, 1.32; railroads, 1.63; transportation, 2 64; pubh c utilitie s, 6.67; cc>mmercia 1 and
other (incl. communications), 16.36. s Includes commundcations. ^Unad justed, Data
represent firms in operation as of Jan. 1; estimate for Jan. 1, 1963, is based on in<jomplete data.
1 100 -1,108
01 n
-153
9K7
coo
593
-1,366
Repayments on U.S. Govt.loans
do—.
Foreign capital other than liquid funds (net). do
Excess of recorded receipts or payments (— )_._do
Unrecorded transactions (net).___
„
do
1,280
1,021
1 12. 63 212.92
5,473
6,743
298
-617
-257
-460
-390 -1,316
-128
-849
-955
-35
24 ff.
<
fSee corresponding no te on p. S-l (revi sions for qtrs. pri or to 3d citr. 1962 ippearonp.
of the August 1965 Su RVE Y) .
0Pe rsonal 01itlays coinprise pe rsonal co nsumpti onexpen ditures, Lnterest p lid by consumers,
and p ersonal t ransfer p aymente? to foreigners.
§Pei*sonal sa^ring is excess of di sposable income c>ver pers<mal outl iys.
c?Ad !ore com plete de tails are given ini the qu arterly r eviews in the IVlar., June, Sept.,
and I)ec. issues of the £ URVEY.
JRe vised da ta for 1960-61 appear on p. 10 of the June 19 34 SUEVI Y.
SURVEY OF CURKENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
sisd descriptive motes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964 P
Monthly
average
S-3
June
July
Aug.
Sept.
1965
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July v
INDICATORS—Monthly;
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates:t
'"1464.8 '1495.0 ' 492. 8 ' 496. 1 ••499.5' r 501. 7 '•502.8 '506.6 ' 512. 0
*rr513.4
515. 8 ' 515. 7 ' 518. 4
r
520. 7
r
525. 3
T
528. 8
530.6
Wage and salary disbursements, total.... do.... 311. 2
333.5
332.1
334.3
337.1
338.7
339.4
342. 6
346.2
' 347. 2
349.8
352.2
352.7
355.2
356.9
359. 2
125.7
100.6
76.0
133.9
107.2
81.1
133.6
106.8
80.8
134.2
107.3
81.7
135. 2
108. 3
82.0
136.2
109.6
81.9
135.2
107.9
82.6
137.4
110.1
83.3
139.8
111.9
83.8
140.3
112.6
84.0
141.4
113.6
84.9
142.6
114.6
85. 8
142.3
114.4
85.8
143.3
115.0
86.5
144.2
115.7
86.7
145.3
117.0
87.1
49.9
59.6
14.8
54.1
64.3
16.5
53.8
63.9
16.4
54.3
64.1
16.6
54.6
65.2
16.7
55.1
65.6
16.8
55.6
66.1
17.0
55.8
66.1
17.1
56.2
66.4
17.1
56.4
66.6
17.2
56.7
56.9
66.8
67.0
17.3 : 17.4
57.2
67.4
17.4
57.7
67.7
17.5
57 9
68.0
17.6
58 4
68 3
17 7
__do — „
37.8
13.0
39.1
12.0
39.1
12.1
39.4
11.8
39.3
12.0
39.4
12.1
39.4
12.0
39.6
12.2
39.9
12.4
39.8
12.4
39.9
12.0
40. 1
11.7
40.0
12.9
40.1
14.7
40.1
15.9
40 2
14.9
-^® —
do
17.6
15.8
31.1
35.2
18.2
17.2
34.3
36.6
18.2
17.3
34.1
36.0
18.3
17.4
34.5
36.4
18.3
17.3
34.8
36.4
18.4
17.4
35.0
36.4
18.4
17.5
35.1
36.6
18.5
17.7
35.2
36.5
18.5
18.1
35.5
37.0
18.5
17.8
35.7
40.1
18.5
17.8
36. 0
37.4
18. 5
17.8
36.2
37.6
18.6
18.0
36.5
37.8
18 6
18.1
36.7
37 4
18 6
18 6
37.0
37 2
18 6
18 5
37 2
37 5
Commodity-producing industries, totaLdo....
Distributive industries-
_-______d0____
Proprietors' income:
Farm
——
Dividends
Personal interest income
-
-
Less personal contributions for social insurance
bil. $__
mo
13.0
13.1
13.1
13.1
13.2
13.2
449. 1
499.5
502 7
503 4
506 1
508 5
511 3
3,529
3,284
2,429
2, 702
2,549
2,574
4,063
3,479
2 315
1 859
1,748
1,620
407
428
1 025
888
305
282
3,198
1,578
1, 620
430
905
251
2,292
822
1,470
399
809
227
2,452
743
1 709
443
971
260
2,466
804
1 662
438
916
267
2,546
823
1 723
454
972
261
2,896
1 106
1 790
438
1 050
278
129
162
105
119
138
105
85
72
95
91
65
111
92
70
108
95
72
112
108
96
116
157
199
126
135
161
116
124
140
113
84
63
101
88
48
118
86
48
114
87
51
114
105
91
115
135.0
135.9
135.2
136.8
139.0
ion o
137 4
•loo a
iq« o
14.fi 4
140 4
140.8e
m
135.8
113 3
131.0
111 9
137 6
140 6
133.8
111 0
141.5 ' 141. 5
1 49. Q r 143 3
136.5
110 8
6
138.7 ' 138. 2 If 138. '7 'r 1140.
1 K a
113 0 f 1 14 4
1Q4 A
iqc K
e
155.5
1°5 3
139.0
135 7
156.3
129 1
138.3
mi
137 4
160.8
129 9
139.8
11.8
12.4
12.4
12.5
12.5
12.6
12.6
12.7
12.8
447 4
478. 7
476.3
479.9
483.1
485.5
486.5
490 4
495 3
3,245
3, 256
2,625
2,929
3,438
4,084
5,134
4,168
3, 104
1,444
1,660
404
953
276
3,075
1,428
1,647
417
924
278
2,608
1,060
1,548
425
837
257
2,823
1,260
1,563
407
867
270
2,947
1, 305
1,642
398
929
295
3,644
1, 871
1,773
397
1,052
308
4,725
2 760
1 965
418
1 205
326
116
126
108
114
124
107
97
92
100
105
110
101
110
114
107
136
163
115
176
241
128
151
202
113
116
119
114
118
119
117
104
88
116
114
117
112
117
118
116
139
161
123
180
234
140
Unadj., total index (incl. utilities)^ ..1957-59-100.. 124.3
By industry groupings:
Manufacturing, total — _ -- .
»__do__
124 9
Durable manufactures
do
124 5
Nondurable manufactures ... _
do
125.3
Mining
—
do107 9
Utilities
._.
_
.....do
140 0
By market groupings:
Final products, total
do_-.- 124 9
Consumer goods
_
do.-.. 125 2
Automotive and home goods —do— 134.4
Apparel and staples..
_
do — 122.3
Equipment, including defense.- — ..—do
124.2
132.0
133,9
127.6
132.9
136.5
132.9
133 2
132.4
110. 9
150.5
135 2
136 4
133.6
112 6
127 9
126.7
107 0
133 1
129 6
137.4
113 0
137 4
136 8
138.2
113 3
131 5
131.3
142.1
127.8
132.0
133 3
133 2
149. 6
127. 9
133.5
127 5
126 3
128.6
125 6
130.1
131 4
131 5
117.1
136.1
131.1
136 1
137 1
144.0
135.0
134.0
Total nonagricultural income
-- - _._do____
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments (48 States), totalf.
— mil. $—
Farm marketings and CCC loans, total— —do....
Livestock and products, total? .
do___.
Meat animals
__do____
Poultry and eggs ,
.
do____
Indexes of cash receipts from marketings and CCC
loans, unadjusted:?
All commodities....—
1957-59= 100Crops
——do
Indexes of volume of farm marketings, unadjusted: {
All commodities
— 1957-59 =100..
Crops
-,— — do—
Livestock and products
____do
2
2
INDUSTRIAL PRODUCTIONS
Federal Reserve Index of Quantity Output
Materials ___ — _ _ _ _ _
Durable goods materials.
Nondurable materials
—
198 8
143 4
mo
•jqc -i
1°»4 8
135.6
136 2
132.4
152.5
129 1
135.7
IQC n
iqc a
IOC Q
107 n
1°>Q 7
135.4
f)
135.0
I°»R R
135.7
138.7
142. 9
140. 5
do—do—
do
123 7
121.2
126 3
132 5
131.0
134 0
134 5
134.9
134 1
127 8
127.7
127 8
134 2
132. 6
135 9
136 8
136.3
137 3
Seas, adj., total index (incl. utilities)cf...— do.-.By industry groupings:
Manufacturing, total
——do.— -
124.3
132.0
131. 6
132.9
133.8
134. 0
131.2
135.0
137.7
138.4
139.1
124 9
132 9
132 4
133 9
134 5
134 9
m
i°ifi n
-ion i
14fl fi
140 fi
Durable manufactures $
______do—
Primary metals
do
Iron and steel
_
do-Nonferrous metals and products.— do—
Fabricated metal products,,.
____do—
Structural metal parts
„_.„ do—Machinery.. ,
_„ _,
,_
do—
Nonelectrical machinery. ..........do
Electrical machinery..
____„. ...do—-
124.5
113 3
109 6
126.7
123.4
120.2
133.2
128 2
125 6
137.6
132.6
130.3
133.2
126 1
125 2
132.8
130.6
129. 6
135.0
135.2
129.4
136.7
140.6
141.9
142.6
135.9
133.3
131.2
135.7
132 8
132 2
133.0
134.8
131.0
129 1
138.5
134. 3
131.7
133.9
130.7
128.6
140.3
136.9
135.8
129 2
126.9
132. 3
141 0
141.8
140.0
140 1
141.9
137.7
141 9
143. 6
139.7
142 8
144.1
141.1
144 1
145.0
142.9
145.4
143. 8
Transportation equipment..
.....do— Motor vehicles and parts__
do
Aircraft and other equipment. ____ .do
127.0
146.1
109.5
130.7
150.1
112.4
134.9
158.3
113.4
134.3
158.6
111.7
135.3
160.9
111.5
130.9
150.1
112.7
Instruments and related products
do
130.2
Clay, glass, and stone products
„ do— 117.5
Lumber and products
..do— - - 108. 9
Furniture and
fixtures...
do
133.1
Miscellaneous manufactures
..do—- 125.0
136.4
126.0
112.7
143.4
133.3
134.8
126.6
109. 0
142.8
133.2
136.4.
126.4
116.1
143.2
133.8
137.4
125.6
114.1
144.4
133.4
138.6
127.0
109.7
144.1
132.6
132.4
122 8
134.0
100.7
133.4
131.5
119 2
133.8
97.3
130.1
132.5
121 5
134 4
103 5
132.8
133.1
123 5
135 1
103 1
132.8
134.4
125 8
135 8
100 3
135^5
Nondurable manufactures
—do
Textile mill products
do— .
Apparel products..
do—Leather and products.— —_do_—
Paper and products
__
do— —
125. 3
116 9
125.6
99.8
125.1
n
m
ion 4
' Revised. * Preliminary, i The total and components are annual totals. 2 Italicized
total for Jan. 1965 excludes stepped-up rate of Government life insurance dividend payments
to veterans; total disbursements of $200 million put on annual rate basis (multiplied by 12)
amounted to $2.4 billion. Figures for transfer payments and total nonagricultural income
reflecting similar exclusions are as follows (bil. $): 37.7 and 496.7. fSee corresponding note on
p. S-l. JRevised series. Dollar figures and indexes of cash receipts revised beginning 1949
(indexes shifted to 1957-59 base). Physical volume Indexes revised to reflect change to
too Q
131.3
7
-JOQ
•too A
1 °>B °.
14.fl ft
1°.7 1
142. 5
' 144. 7
r 1 44 K
r -{Ac. 7
r 1 til R
T 147 4
•JOC p|
m
r
r 1°,fi 4
r -jqc 7
167.2
131 5
141.6
r 19.Q x,
' r 1 Q7 Q
r
163. 2 ' 165. 2
129 1
' 142. 0 1 r 144. 2 r 146. 6
162.0
144.4
151 0
145.1
144.1
148.2
146.3
149.9
148.5
151.4
149. 2
152.7
151.7
105.3
96.2
110.8
129.2
143.9
114.5
140.3
167.4
115.0
141.4
169.1
115.5
137.6
126.9
110. 8
147.4
135.9
140. 2
127.7
109.2
149.3
137.4
142.0
130.2
105.5
151.5
139.1
142.7
132. 6
111.9
150.6
139.6
134.5
135.2
129 6
139 1
103 2
133! 8
137.3
m
l
148
r
144.6
149.6
143
140.9 j '141.4 ' 142. 4
143.6
145.4
144.7
140.4
149.0
144.9
140.9
119 7
f 1 47 O
147.1
r 144 °,
149 Q
148.0
140.6
137.0
133.7
r 128 7
r 144 Q
150.9
139. 7
137.2
r -140 q
f 14A 9
139.2
f 149 R
f 14Q Q
* 146. 5 ' 148. 0
r
140. 8
149.9
148
r
153. 6
149.4
156. 4
' 146. 0 ' 146. 7
144.3 ' 142. 7 ' 144. 4
148
145
153.8
153.4
155.2
155.3
' 157. 0 ' 159. 1
157.9
''156.8
161
160
139.7
167.7
114.1
144.4
176.4
115.3
144.6
173.2
118.6
r 121. 7
'147.3 ' 149. 2
'175.5 177.8
122.9
150
176
126
145.3
131.8
115.6
154.3
140.8
146.9
129.2
120. 5
154.3
142.4
145.5 ' 147. 0 ' 149. 7
129.9 ' 130. 3 ' 131. 0
114. 2 ' 117 1 113.0
155.6 'HIM
157.4
143.2 ',143.6' ' 143. 4
151
132
r 147. 4
147 4
m
e
137 2
102 4
137! 0
1°.fi Q
140 6
103 3
140!2
137. 6
109 i
142 2
103 6
137! 7
138.1
m
A
143 7
101 2
137! 5
138.8
' 138. 4
137. 8
138.5
144 0
100 8
r 143 g
r IQFj 0
143 6
105* 0
'140.9!
139.4
mo ' I4o'. 6
158
143
139.1
the 1957-59 reference base and incorporation of latest Census revisions. Data prior to
May 1964 appear in the Dept. of Agriculture publication, Farm] Income Situation, July
1965. 9 Includes data for items not shown separately. ^Industrial production indexes revised
beginning Jan. 1961 (seas, adjusted data incorporate new seasonal factors); seasonally adjusted
data for 1961-63 for selected groups appear on pp. 31-32 of the June 1965 SURVEY. Unadjusted
data prior to July 1963, as well as seas. adj. data for groups not shown in, the tables, will be
published later.
SUEVEY OF CUEKENT BUSINESS
S-4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964 v
Monthly
average
August 1965
June
July
Sept.
Aug.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
1 June
i
July v
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexes®— Continued
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
116. 4
108.0
148.6
162.7
117.1
123.2
117,0
159.4
178.0
121.0
124.1
117.2
159.6
176.3
122.1
124.5
120.0
158.7
177.1
124.6
124.3
118. 3
160.8
178.7
121.2
123.0
115.9
165.0
184.9
120.4
123.6
116. 3
162.5
179.9
122.9
123.9
117.5
163.0
182.6
121.6
125.6
119.6
166.5
188.2
120.6
126.6
120.7
166.9
186.3
119.0
127.7
120.9
167.8
188. 2
121.5
128.5
128.3
121.0
120.7
169.5 r 169. 2
190.8 '••191.6
122. 2
121.5
r
do
do__
_ _do do
do-- .
140.0
116.9
116.8
117.8
115.2
155.7
120.6
120.2
123.2
120.8
153.4
119.6
119. 5
120.1
118.1
155.2
120.0
118.9
125.8
127.5
158.2
120.4
119.1
127.6
121.4
162.4
120.0
119.1
124.6
120.6
161.0
120.7
120.2
123.3
123.3
160.5
122.8
122.6
124.1
121.0
164.0
123.5
122.9
126.9
125.4
167. 2
123.6
123.0
126.9
122.2
171.1
123.2
122.5
126.7
123.5
172. 6
123.0
122.2
127.5
127.2
167.7
?
122 5
122.6
r
!21 8
120.9
168.1
r
120 8
' 120. 6
122 0
116 5
do
do
do
do
_ _do__
do
107.9
102.5
107.9
108.1
112.3
112.1
110.9
104.3
110.4
109.8
117.3
118.7
111.4
105.1
110.8
110. 2
119.2
119.2
110.9
105.0
111.1
110.3
107.7
120.2
111.9
111.3
109.8
112.2
121.7
111.9
105.1
112.3
111.1
111.3
119.6
112.0
109.2
111.1
110.8
115.7
119.7
112.7
108. 7
110.4
110.2
127.1
123.9
112. 3
107.2
110.7
110.9
121.8
123. 4
112.1
107.7 |
110.1
109.8
126.7
120.8
111.5
103.2
110.3
108.6
123.4
122.9
112.5
103. 1
111.4
110.5
124.6
124.1
113.0
107.9
112.0
111 4
125.8
118.2
'r 114. 0
114.9
113. 0 rr 117. 2
r
111.9
112 2
r
111 3 •r 112 5
r
!21 6
121 7
rl23 9
125 6
-dodo
do
140.0
142.6
131.9
150. 5
153.6
140. 7
149. 7
153.6
143.2
151.4
155.5
145.0
154.5
159.3
146.0
153.2
157.2
147.1
153.8
157.4
148.3
152. 3
155.0
148.9
154.7
158.1
149.6
155.6
157.3
157.4
159.6
159.2
162.4
160 6
164.0
r
-
By market groupings: ©
Final products total
Consumer goods Automotive and home goods
do
do
do
124.9
125.2
134.4
131.5
131.3
142.1
131.7
131.5
143.5
132.3
132.1
145.0
133.3
133.1
146.6
132.5
132.0
141.8
130.3
129.2
127.3
134.6
133.6
145.2
137.4
137.0
155.5
138.0
137.9
156.9
138.2
137.7
156.8
139.5
139.3
161.3
Automotive products.
do
4.utos
do
Auto parts and allied products. do_-
141.2
149.5
130.2
145.1
150.6
138.0
151.7
161.7
138.4
152.6
162. 6
139.3
155.8
165 0
143 8
144.7
146.0
143.0
105.9
83.0
136.1
143.0
145.1
140.2
166.2
183.0
144.0
165.7
182.8
143.1
163.8
178.9
143.9
173.1
194.2
145.2
Home goods $
Appliances TV and radios
Furniture and rugs
do
do
do
129.6
125.1
131.3
139.9
134 2
142. 4
137.8
131 0
141.9
139.7
131 1
144.7
140 1
133 3
144 2
139 8
136 8
141.0
142 4
139 0
145.5
146 7
143 2
148.3
148.0
143 1
149.7
150 8
144 9
150. 6
151.9
146 6
152.6
153.1
148 5
152.7
Apparel and staples
do
Apparel incl knit goods and shoes do
Consumer staples
do
Processed foods
do
122.3
117.6
123.7
116.6
127 8
123 8
128.9
119.9
197 7
123 4
128.9
119.4
128 0
124 0
129.1
118.4
128 9
124 9
130.0
118 7
128 9
125 3
129.9
118.7
129 8
126 6
130.7
120.0
129 9
127 5
130. 5
122.0
131 2
128 8
131.8
122. 5
131 9
130 6
132.3
122.3
131. 7
130 6
132.0
121.2
132.7
131 5
133.1
122.1
T
' 132. 4
122.1
r
T
Beverages and tobacco
Drugs soap and toiletries
Newspapers magazines books
Consumer fuel and lighting
116.9
140.1
117.8
133.5
122 4
146 9
123 7
141.2
119 4
150 5
125 5
140.6
126 4
146 7
123 5
142.8
125 5
149 1
123 2
145 7
123 3
152 6
121 3
144 4
123 3
151 9
121 8
145 8
123 1
149 7
122 8
142 4
126 4
151 8
124 3
143.2
125 3
154 2
125 8
144 0
125 6
152.8
125 3
146.3
127.4
154.2
128 6
146.5
r 121 5
120 2
r 151 9
126 6
148 1
124.2
128.3
123.0
142.4
132.2
121.6
132. 0
139.0
136.9
145 3
141 0
132 4
132.0
139.0
137.6
143 7
141 3
129 1
132 7
140.0
138.5
145 7
141 9
127 9
133 6
141 6
139.6
145 5
144 9
139 9
133 7
141 8
140.4
147 6
141 0
136 0
132 6
140 7
140.4
149 3
128 6
145 i
136 8
146 2
144.5
151 0
149 1
138 0
138.3
148.4
145.9
152 4
155 2
140 5
138 2
147 8
144.8
152 5
154 0
144 3
139.4
149.1
147.1
156 2
150 7
139. 6
140.0
149.7
148.3
159.1
148.2
137.8
141 1
150 8
148.4
161 3
150 8
135 8
123.7
121.2
137 2
125.4
116.3
132 5
131.0
145 4
134 2
124 4
131 8
130 8
148 1
133 3
122 8
133 6
132 7
150 2
133 8
125 7
134 7
134 1
167 0
135 7
125 7
135 6
135 6
153 1
137 1
125 8
132 2
128 1
113 2
137 2
123 8
135 7
134 5
146 7
138 9
126 6
137 7
136.2
155 6
141 3
127 3
139 1
138 1
159 6
142 6
128 5
139.7
139.0
164 9
143.8
130 8
141.3
142.6
166 3
146.9
133.5
r 142
142
163
147
r 130
6
9
4
5
5
r 162 4
r 148 7
134 6
126 9
140.5
134. 2
129 6
136.5
r 142 4
r 141 8
r 134 1
r 137 3
134 0
r 132 o
127.2
114 3
159 6
' 128.0
Rubber and plastics products
Foods and beverages
Food manufactures
Beverages
Tobacco products
Mining >.
Coal
Crude oil and natural gas_
Crude oil
Metal mining
Btone and earth minerals
Utilities
Electric
Gas
do
do
do
do
Equipment, including defense 9
_ do
Business equipment
do __
Industrial equipment—
_
do
Commercial equipment
do
Freight and passenger equipment do
Farm equipment
do
Materials
_ __ _ _ _ do
Durable goods materials 9 _ _.
do
Consumer durable
do
Equipment
do
Construction
do
Nondurable materials 9
Business supplies
Containers
General business supplies
_ do _
do
do
do
126.3
120.3
120 2
120.4
134 0
127 1
127 7
126 9
139 9
1994 9
138
125 4
Business fuel and power 9.
do
Mineral fuels
do
Nonresidential utilities
do
BUSINESS SALES AND INVENTORIES §
Mfg and trade sales (seas adi ) total! t
mil $
117.2
109 3
138.7
122.3
111 7
149 4
122.7
112 2
149 7
Manufacturing, totaif
Durable goods industries-.
Nondurable goods industries
Retail trade, total |
Durable goods stores
Nondurable goods stores
Merchant wholesalers, totalf
tf
Durable goods establishments
Nondurable goods establishmentscf
do
do
do
do
do
do
do
do
do
1 fiS flft9
34 774
18 071
Ifi 704
20
6
13
12
5
7
536
675
861
692
244
448
Mfg. and trade inventories, book value, end of year
or month (seas, adj ) total f
mil $ 105 127
Manufacturing, total t
Durable goods industries ..
Nondurable goods industries
do
do
do
Retail trade, totalf
do
Durable goods stores...
do
Nondurable goods stores. _
do
Merchant wholesalers, totalfcf- .
do"
Durable goods establishments
do
Nondurable goods establishments^ _ I " "do
60 147
36 028
24 119
37 129
19 231
21 802
7 093
36 791
19' 023
7 QQ2
M 771
5 749
7 967
5 749
7' g74
rl 10 <%°,^
an QAA
qo 4.1O
f)A
(TOO
10
r 139 9 r 140 1
1 r!37 9
!58 5 r 158 0
140.8
137.9
166 9
183 5
145 1
r
'168 1
187 1
143 0
168
185
151 4
147 3
152.0
r
151.0
146 9
153.9
r
139 3
'138 4
157 8
r
!38
r
!68 0
184 9
r
!45 8
151 8
r 147 5
154.4
132 3
r 131 g
152 6
126 9
148 8
r
131 6
131 9
13L 6 «• 131. 4
121. 1 120.4
143 6
153 4
150.6
r 162 3
r 157 2
138 9
r 142 7
r 143 6
r 131 4
147.0
r 144 3
146.5
154. 7
152. 1
164 2
157 2
150
r 143 2
135 3
132 0
137 0
144
129.4
116 7
130
118
127 9
123.0
112 4
149 8
123.4
112 7
150 9
123.7
113 0
150 6
123.9
113 3
150 6
123.9
112 8
151 4
125.1
113 0
154 9
124.6
112 4
154 7
123. 7
110 8
155. 9
125. 7
112 3
158.5
73, 693
73, 204
73, 358
7fi 977
75, 913
77 815
77 529
77 884
77 990
39 318
20 559
90 OQK
IS 7%Q
18, 470
38 693
20 374
ia' °.io
40 285
21 284
19 001
40 044 r39 814
20' 915 r2o' 513
19 129 r ig' 301
39 948
20 646
19 302
22 781
7 645
oq qi7
22 805
7 669
15 136
14 725
6 240
8 485
22
7
15
14
6
865 r23 352
550 rr 7 703
315 !5 649
620 r 14' 718
213 r fi' 352
8*407 r g 366
23 299
7 855
7 060
1Q 984
18, 004
18, 028
7 094
7 p»41
14, 713
7
QQC
7
fiO 4.88
°.fi ^07
no oni
36 811
18 633
37 514
19 291
91 °.8°.
Q99
91 fifil
6 496
6 695
i f\ i°,fi
14 Qfifi
1 4 1 Qfi
5 Q77
8 91 Q
1 °. Q°.7
5 801
8 1 3fi
9O 41 ^
14 178
5 982
8 197
ORQ
1 3 Q4fi
fi OQ8
B nfin
7 848
6
rl 1 1 884 rl!3
rl OB f^QQ rl OQ °.9O r1 1 0 f^0.^
f»9 077
38 040
94 °.°>7
fil 777
07 ci 7
94 9fin
°,fi 7QO
29 383 r31 130 r30 829 r30 867 r30 864 T 01
12 509 f 1 3 989 f 1 °. 473 r i o AI Q r IQ qfiq rl 0 ,
16 874 r 1 7 848 r!7 356 r 1 7 448 r17 ^01 r17
15 597 I a Afil
16 043 Ifi 017 1 ^ Q8fi Ifi
o 7/<n
8 71H
8 447
9 077
7! 150
7. 384
7.304
7.' 307
7 984
7
9ftq
'30 486
r
30 559
7 966
i ^ QP\I
R9 Q44
qo 419
63 708
38 972
24 736
31 635
r
32 260
r
!4 220
r
94 tW)
r
31 130
r Q1
478
T
7Q8 r 1 9 8Q4 r 1 9 874 ,. i q 9529 r i q f->q ^ r 11 q 7QQ
f\9*\ T 17 592 r17 fiS 1 ^ r 1 7 848 r 1 7 84°> r17 8°.fi
999 16 276 Ifi °.S4 Ifi 4fi1 Ifi 774 16 867
8' Q4Q
7 398
Q 009
7 381
9 O77
7 384
9 ' °.9Q
7 544
160 1
r
7^744
15 555
14' 743
6 238
8 506
032 rl!3 761 rl!4 542 115 019
f»q qoo
qo fiQ9
94 fiQfl
qo AQK
r H5 1
157
145 3
169 7
149 9
131 4
140 1
133 9
136 2
132 7
r 135 2
131
rr 145 0
139 3
132 6
135 1
131 4
r 135 1
158
152 5
124 9
137 0
128 9
132 1
127 3
S^ee note mark^^on7' S-3T°tal and components are based on unadjusted data.
9 Includes data for items not shown separately.
f J,-Ztle0tfiI1L<<busiliesSa",llere m(Judes only manufacturing and trade. Business invenT?25£ t^S f °? P<
,COTer data for a11 ^P68 of Producers, both farm and nonfarm.
t§2?S?t data for manufacturing are shown on p. S-5; those for retail trade on p. 8-11.
drirtSJPdlepD?a?ed f K °\p' S ~ 4 ^ f the Nov- 1963 SURVEY. fRevised series. For a
detailed description of the changes affecting these series and data for earlier periods, see
161.0
136 3
128 7
131 6
127 3
1 Q 1 fi4
116.4
117
114
114
161 0
160 9
164 3
135 7
125 9
195 4
126 2
rl 07 970 rl O7 q79
60 398
36 492
121 2
121.0
2
1
6
8
37 Qfi^
1 Q Bfil
18, 102
131
123. 0
135
127
125
127
-toe n
«OO
90 one
129.9
124 7
196 4
140.3
135 6
137 9
134 4
91 77°.
M 70Q
iq 71 K
107.-9
129.3
121 5
167. 3
191.6
r 122. 9
!8 040
17 064
q 42g
63 999
39 233
94 7fifi
r
32
r
546
!4 440
!8 106
17 216
9 454
?! 763
r
r
64
r
269
39 475
794
64 607
39' 893
24* 714
r
32 823
r
!4 707
r
!8 116
r
32 987
14 692
18 295
17 425
9 572
7. 853
r 24'
!7 450
9 589
r
mm
7.635
r 7. 861
pp. 16-19 of the Dec. 1963 SUEVEY; see p. 28 of the Sept. 1964 SUEVEY and p. 3 of the Aug. 1965
SUEVEY for current revisions (Jan. 1963-M[ay 1964) affecting the retail inventory and total
manufacturing and trade inventory series,,
d*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 SUEVEY.
P.59
7 4QQ
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
amd descriptive notes are shown In tlie 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-5
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
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 ...
1.50
'1.48
'1.49
'1.46
'1.47
'1.48
'' 1. 50
'1.49
'1.45
'1.47
'1.47
'1.45
'1.47
'1.47
1.47
do
do
do. __
do
!__do__-_
1.69
1.94
.59
.80
.55
1.64
1.91
.57
.79
.54
1.64
1.92
.57
.80
.55
1.59
1.84
.55
.77
.52
1.63
1.92
.57
.81
.54
1.64
1.92
.57
.80
.54
1.68
2.01
1.66
1.97
1.60
1.87
1.63
1.89
1.64
1.90
1.58
1.83
1.60
1.88
1.61
1.92
1.62
1.93
do
do __
do
do
1.41
.59
.20
.63
1.35
.53
.19
.62
1.35
.53
.19
.62
1.32
.51
.19
.62
1.33
.52
.19
.62
1.33
.52
.19
.62
1.33
1.39
1.79
1.20
1.18
1.58
.90
'1. 40
'1.86
' 1. 18
1.17
1.51
.92
"•'1.42
'1.92
' 1. 18
1.18
1.52
,93
'1.41
'1.90
'1.17
1.16
1.50
.91
•' 1. 39
•' 1. 82
•' 1. 17
1.16
1.49
.92
'1.40
'1.82
'1.19
1.18
1.54
.92
Retail trade total J§
do
Durable goods stores
_do__ _
Nondurable goods stores ..
do
Merchant wholesalers, total §cf
do_ __
Durable goods establishments
do
Nondurable goods establishments cf
do
8
MANUFACTURERS SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj.), total. _mil. $__
.61
.84
.57
.53
.19
.62
.60
.82
.56
1.34
.53
.19
.61
' 1. 43 '1.41
'1.98 '•1.92
'1.18 '1.18
1.17
1.15
1.54
1.51
.90
.90
.57
.77
.52
.57
.77
.52
1.31
1.34
.51
.19
.61
.52
.19
.63
'1.37
'1.37
' 1. 74 '1.74
'1.18 .'1.19
1.19
1. 16
1.53
1.52
.90
.93
.58
.79
.53
.57
.75
.51
1.35
1.30
.50
.19
.61
.52
.19
.63
' 1. 36 '1.41
' 1. 73 '1.85
'1.19
'1.16
1.16
1.21
1.51
1.53
.90
.96
.59
.77
.51
1.29
.50
.18
.60
'1.42
'1.91
'1.18
1.18
1.52
.92
.61
.79
.52
'1.28
.50
.18
.60
1.41
1.91
1.16
1.19
1.51
.94
.61
80
.53
1.28
.50
.19
.59
1.42
1.90
1. 18
1 18
1.53
.92
678
750
797
681
693
760
762
782
839
615
733
941
'800
829
do_
34,774
37,129
38, 622
34, 774
36,001
38,874
38, 397
37,700
37, 631
36, 384
39, 380
41,231
41, 282 '40,074
41 926
do
do
do
_ __ __do
do
18, 071
947
2,944
1,586
1,877
19,231
960
3,236
1,770
1,962
20,542
1,070
3,333
1,775
2,075
17, 895
984
2,983
1,668
1,911
17,707
1,040
3,111
1,745
2,029
19, 759
1,057
19, 243
1,066
19,363
964
19 969
18, 924
20 685
2,094
2,047
1,828
3 354
1,853
1,904
3 347
1, 854
1,931
1,945
1,757
3 582
2 060
1,947
21,928
924
3,859
2,245
21, 968 ' 21, 157 22 278
967 ' 1, 010
1 086
4,074 '3 613 3 639
1,923
2,438
1 952
2,085 ' 2, 025 2 141
2,808 3,114
2,683 2,610
Machinery, except electrical
do____ 2,517
2,605
2,305 2,452
2,398
2,517
Electrical machinery
do
5,431
4,387 3,572
4,969
Transportation equipment _
;__do.
4,848
2,762
1,961
3,563
3, 204
3,154
Motor vehicles and parts
do
590
636
656
583
627
Instruments and related products
_do
16, 704 17,898 18, 080 16, 879 18,294
Nondurable goods industries, total 9 _
do.
6,422
5,832
6,324
6,429
6,104
Food and kindred products
do
391
425
416
403
383
Tobacco products.do
1,523
1,484
1,506
1,298
1,378
Textile mill products
do
1,426
1,468
1,355
1, 332 1,458
Paper and allied products
__ __do
2, 854
2, 798
2,778
2,597
Chemicals and allied products
do
2,568
1,540 •1,516
1,516
1,535
Petroleum and coal products.
. _do _ _ 1,451
910
772
851
759
836
Rubber and plastics products ..
do _
36, 791 37, 963 37,168
Shipments (seas, adj.), totalf ..
..^.doBy industry group:
19, 023 19, 861 19,164
Durable goods industries, total 9
do.
940
921
932
Stone, clay, and glass products
do
3,102
Primary metals
do
3,447 3,216
1,653
1,770
1,961
Blast furnaces, steel mills _.
do__._
1,908
1,914
2,040
Fabricated metal products _ .. do
Machinery, except electrical
do.
2,838 2,936 •2, 780
2,470
Electrical machinery
do
2, 501
2 622
5,036
Transportation equipment
do
5,102
5 008
3,271
Motor vehicles and parts
.do
3,230 3,408
619
Instruments and related products
do.-._
663
661
Nondurable goods industries, total 9
do_
17, 768 18 102 18,004
6,279
Food and kindred products
do
6,478
6,310
Tobacco products
do^.
397
395
389
Textile mill products
do
1,432
1 513 1 459
Paper and allied products
do
1,399
1 468 1 420
2,736
Chemical sand allied products. „
do_
2 820
2 793
1,532
Petroleum and coal products
do
1,539
1 517
Rubber and plastics products
do848
841
854
By market category:
2
2
Home goods and apparel.
_
do
3,459
3, 313 3,479
3 563 3 430
2
Consumer staples..
do
7,802
7, 258 2 7, 866
7 919 8 007
2
Equipment and defense prod., excl. auto.do
4,582
4, 242 2 4, 599
4,778 4, 548
2
Automotive equipment.
do.
3,677
2
3,
612
3,
571
3,622
3 827
2
Construction materials and supplies
do
2, 796 22 2, 990 2, 906
3,045 2, 899
Other materials and supplies
do____ 213,594 14, 583 14, 365 15,036 14,457
Supplementary market categories:
2
Consumer durables
__
do
1,467
1, 380 22 1, 492
1 550 1 455
2
Defense products.. _
do
2,160
2, 096
2, 163
2,187
*>• 060
Machinery and equipment.
do
3,506
2 3, 215 2 3, 528
3 706 3 514
Inventories, end of year or month :f
Book value (unadjusted), total ----do
359,738 362,642 60, 704 60, 214 60,458
Durable goods industries, total... _— — __.do
35, 565 38, 001 36, 815 36, 451 36,684
Nondurable goods industries, total
do.... 24, 173 24,641 23, 889 23, 763 23,774
Book value (seasonally adjusted), total
do— _. 360,147 3 62, 944 60, 398 60 488 60 763
By industry group:
Durable goods industries, total 9.
do _._ 36, 028 38, 412 36, 492 36 597 36 790
Stone, clay, and glass products. .... .do
1, 595
1,544
I, 587
1,574
1,586
Primary metals
.
do
6 111 6,019
5 918
6 001 6 056
Blast furnaces, steel mills
do... _ 3,533
3,707 3,628 3*. 609
3,670
Fabricated metal products. ._
do...
3,962
4,251
3,999
3,992
4 006
Machinery, except electrical...
do_.._ 6,910
7,035
7,558
7,070
7,161
Electrical machinery
.
do
5,055
5,061
5,388
5,069 5,086
Transportation equipment
do.
7, 331
7,428
7,908
7 497
7 531
Motor vehicles and parts..
.do
2,716
2,610
3,013
2,825 2, 796
Instruments and related products. .do
1, 540
1,468
1,619
1,534
1,533
r
Revised.
1 Advance estimate.
2 Based on data notJ seasonally adjusted.
3 Total
and components are end-of-year data, t See note marke d "f on p. S-4 of Nov. 1963 SURVEY.
§ See note marked "t" on p. S-4.
d" 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. f 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-
2,834
2,660
2,781
2, 670
4,331
2,618
2,726
2,883
2 610
5 006
2 407
3,266
654
18,337
6,433
407
2 635
5, 646
3,744
691
5,300
3,654
589
17 662
17, 460
6,184
1,596
1,470
2, 761
1,547
1,494
1,433
2 606
1,560
Shipments (not seas, adj.), totalf
Durable goods industries, total 9
Stone, clay, and glass products
Primary metals
Blast furnaces, steel mills
Fabricated metal products
3,331
1,812
4,801
3,040
656
19, 115
6,769
413
1,611
1,518
2,987
1,551
895
3,337
680
19, 154
6,795
392
1,640
1,517
2,931
1,542
898
37, 312
36, 811
19, 284
18, 633
3,301
1,786
1, 970
3 329
1,843
1 924
2 851
2 536
4 212
2 446
962
2,848
2 481
4 968
3,213
613
18, 028
6,400
404
1 478
1 451
2 808
1,541
866
3 457
7 971
4,613
3,629
2,979
960
659
18 178
6 500
392
1 505
1*461
2 845
1 533
834
3 472
8 067
4,634
2 837
852
37,514
837
6,346
419
806
3,345
2,695
860
3,021
2 676
5 755
2,012
3,207
2,748
6,176
18 695
369
6,378
399
4,223
704
19,303
6,578
394
2,723
1 601
1,559
2 919
1,545
3,073
1,444
1,441
1,542
3,832
650
1,636
1,640
1,530
983
40,285
862
871
39 318
38 885
38 693
20 559
1 022
3 656
2 074
2 077
2 977
2 597
3 502
20 415
1 030
3 455
1 976
1 959
2 969
2 657
5 361
3 550
20 374
1 013
3 456
1 979
2 033
2 898
2 616
5 444
3 628
661
647
18 759
6 629
18 470
6 446
18 9319
6 67
19 001
6 414
429
1 550
1 484
2 858
1 552
1 614
1 532
2 917
1 525
6*566
413
1 606
1 516
2 854
1 519
'931
1 560
1 530
2 902
1 519
1 618
1 598
3 006
1 571
3 653
8 077
4', 846
3 973
4,806
19,291
984
3 434
1 933
1 937
2 878
2 508
4 747
2*975
638
18223
390
875
3 521
7 972
4,657
3 387
3,017
5*341
641
429
922
3 713
8 298
4,791
3 936
3 154
15, 426
407
940
930
21,284
1 019
3*629
2
2
2
2
5
3
086
087
996
690
359
974
699
954
3 612
7 925
3 730
8 213
4 030
3 117
15, 203
4 392
3 183
15,822
1 574
1 625
2 281
3 872
4,945
853
3,228 ' 3, 164
2 718
19 314
6,594
427
1,574
1,617
3 221
1,553
1 007
40 044
967
3 681
8 395
14,960
1 477
2 171
3 621
1 497
2 129
3 630
3 73*>
2*197
3*755
1 567
2 222
3 709
61,433
62,058
37,647
24,411
62377
62, 642
38, 001
24. 641
69 944
63, 299
38, 403
24 896
63 213
63, 761
38, 875
24, 886
63 382
64,065 64, 366
39,265 39, 633
24,800 24, 733
63 708
63 999
38 040
1,593
6 153
38 412
1,587
6 111
4 251
38 692
1,595
6 153
3,717
4 395
38 972
1,593
6 071
3,618
4 420
39 233
1,606
5 900
4 149
7, 514
38 495
1,595
6 161
3,' 744
4 306
5,147
7 539
37 517
1,595
6 096
3,714
4 062
7,381
5,221
7 711
7 810
7,576
5,403
7,638
5,473
7,668
5,574
1,556
1,572
1,584
7 908
3,013
1,619
60, 658
36, 856
23,802
61 019
37 037
1,572
6 063
3,688
4 042
7,277
2,782
37, 251
24, 182
61 777
2,975
3,776
5,307
3,059
3,707
7,558
5,388
7 849
2,977
1.622
7 869
3,016
1,635
7 945
3,052
1,646
r 988
970
' 3 769 3 707
' 8 280 8 368
4,946
4 020 ' 4 088 4 '284
3 063 '3 001 3*051
15, 978 ' 15, 728 15, 592
1 466
2 150
3 587
15, 153
18 917 19 648
' 6, 575
6,840
'374
440
' 1 553 1 697
' 1, 566 1 636
'3 180 3 149
' 1, 584 1,655
'998
1 041
'39 814 39 948
4,907 '4,948
14, 663
1 691
2 185
3 306
2 834
*>0 915 '20 513 9Q 646
935
' 923
*954
3 796 '3 435 3 389
2 245
1 835
1*818
2 048 r i 955
1 969
2 984 ' 2 993 3 016
2 757 ' 2 748 9 Q9£
5 408 ' 5 519 5 675
3 620 r 3 680
3*845
'688
*701
688
19 129 '19 301 19 302
6 667 ' 6 661 6 682
*440
' 364
412
1 564 ' 1 610 1 618
1 591 ' 1 572 1 558
3 009 r 3 030
3 018
I 583 r 1 631
1 645
2,992
14,809
3*183
'2 646
5,866 '5 755 6 117
3,970 ' 3, 898 4 180
'679
696
728
1 594
2 259
3 871
' 1 567 1 538
' 2 281 2 278
' 3 849 3 829
64, 769
40, 033
24, 736
64 269
64, 965
40,265
24,700
64 607
39 475 39 893
' 1, 620
1,621
' 5 996 6 079
3,427 3,531 3,597
4 517 ' 4 544 4 565
7,726 ' 7, 763 7,874
5,628 ' 5, 662 5,702
8 095 ' 8 104 8 245
3,150 ' 3*. 249 3,273
1,676
1,653
1.683
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 publications, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised, Series M3-1" and "Series M3-1, Supplement 2."
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1962
siid descriptive notes are shown in the 1963
edition ©f BUSINESS STATISTICS
1964
1963
End of
year
August 1965
1964
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
GENERAL BUSINESS INDICATORS—Continued
\
MANUFACTURERS' SALES, INVENTORIES,
AND OEDEBS— Continued
Inventories, end of year or month f-— Continued
Book value (seasonally adjusted)— Continued
By industry group—Continued
Durable goods industries— Continued
By stage of fabrication:
Materials and supplies 9
. mil. $ _
Primary metals
_
~ do
Machinery (elec . and nonelec.)— _do
Transportation equipment
_ do
Work in process 9 _
do
Primary metals.. _ _ _ „ _ „
. do____
Machinery (elec. and nonelee.)—_do___.
Transportation equipment ___ _do____
Finished goods 9 _. ___.
___._do
Primary metals
do
Machinery (elec. and nonelec.)— .do__._
Transportation equipment
do__._
Nondurable goods industries, total 9 —do
Food and kindred products
do
Tobacco products __„_____.,
do
Textile mill products. „___
do
Paper and allied products
__«_do__._
Chemicals and allied products
.do
Petroleum and coal products
do
Rubber and plastics products __ do__
By stage of fabrication:
Materials and supplies
do____
Work in process..
do
Finished goods
do
By market category:
Home goods and apparel
do
Consumer staples
do
Equip, and defense prod., excl. auto
do
Automotive equipment
do
Construction materials and supplies do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
._ .
do
Defense products
do
Machinery and equipment
do
New orders net (not seas adj ) totalf
do
Durable goods industries, total
._do._._
Nondurable goods industries, total
do
New orders, net (seas adj.) totalf
do
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
Nondurable goods industries total
do
Industries with unfilled orders©
do
Industries without unfilled orders^.,— do____
By market category:
Home goods and apparel
_.___..._. .do
Equip, and defense prod., excl. auto
Automotive equipment. _
Construction materials and supplies
Other materials and supplies....
Supplementary market categories:
Consumer durables
10, 879 11, 688 10, 866
2,248 2,243
2,259
3,263 3, 028
3,009
1,956 - 2, 216
1,911
14, 857 15, 933 15, 211
2,024
1,901
1,969
5,763
5,249
5,385
4,695
4,467
4,533
10,292 10, 791 10, 415
1,839
1,758
1,807
3, 920
3,707
3,683
997
908
984
24, 119 24, 532 23, 906
6,030
6,028
5,991
2,359
2,314
2,322
2,837
2,886
2,754
1,885
1,800
1,812
4,003 3,910
3,818
1,745
1,736
1,732
1,176
1, 157
1,127
10,870
2,227
3,052
1,891
15, 325
1,994
5,421
4,596
10, 402
1,780
3,666
1,010
23, 891
6,009
2,297
2,763
1,836
3,934
1,708
1,137
10, 917
2,219
3,055
1,918
15, 442
2,034
5,493
4,640
10, 431
1,803
3,699
973
23, 973
5,910
2,263
2,803
1,859
3,936
1,733
1,154
11, 072
2,219
3,102
2,000
15, 497
2,011
5,570
4,623
10, 468
1,833
3,752
916
23, 982
5,837
2,241
2,819
1,851
3,973
1,717
1,159
11, 277
2,182
3,162
2,155
15, 622
2,050
5,636
4,602
10, 618
1,864
3,804
954
24, 260
5,956
2,319
2,857
1,865
3,985
1,731
1,176
11, 500 11,688
2,182
2,248
3,238
3,263
2,208
2,216
15, 799 15,933
2,088
2,024
5,717
5,763
4,623
4,695
10, 741 10,791
1,883
1,839
3, 866
3,920
979
997
24,337 24,532
6S031 6,030
2,303
2,359
2, 790
2,837
1,869
1,885
4,000
4,003
1,752
1,745
1,191 1,176
11,802
2,297
3,306
2,181
15,934
1, 999
5,7§2
4,673
10, 759
1,865
3,881
995
24, 718
6,194
2,322
2,829
1,869
4, 047
1,794
1,191
11, 876 12, 068
2,292
2,295
3,399
3,356
2,234
2,210
16,008 16,041
1,967
2,005
5,866
5,835
4,696
4,661
10, 808 10, 863
1,812
1,853
3,977
3,920
998
1,015
24, 690 24, 736
6,196
6,197
2,312
2,328
2,820
2,811
1,855
1,869
4,055
4,072
1,812
1,800
1,213
1,183
9,619
3,522
11, 391
9,432
3,422
11, 052
9,293
3,406
11,192
9,351
3,426
11, 196
9,412
3,457
11, 113
9,565
3,508
11, 187
9,637
3,497
11, 203
9, 619
3,522
11, 391
9,585
3, 532
11, 601
9,541
3,531
11,618
6,499
6,389
6,210
9,660
9,525
9,563
13,241
12, 363 '
12, 494
3,683 3,356
3,245
5,629
5,290
5, 386
23, 335 24, 232 23, 389
6,177
9,559
12, 463
3,453
5,380
23, 456
6,276
9,407
12, 538
3,446
5,389
23, 707
6,316
9,339
12, 693
3,425
5,426
23, 820
6,358
9,525
12, 788
3,629
5,500
23, 977
6,405
9,590
12, 978
3,720
5,533
24, 151
6,499
9,660
13,241
3,683
5,629
24,232
6,534
9,776
13, 225
3,654
5,643
24, 381
2,952
5,412
8,781
39, 317
21,249
18, 068
37, 782
2,953
5,391
8,808
36, 367
19, 530
16,837
39, 315
2,944
5,401
8,923
36, 190
17, 923
2,941
5,412
9,063
39, 361
20, 239
19, 122
38, 018
3,001
5,411
9,161
39,043
19, 863
19, 180
37, 846
3,037
5,455
9,321
37, 671
19, 277
18, 394
37, 720
3,056
5,625
9,431
37,986
20,357
17,629
39,590
18, 300 19, 803 20, 016
3,442
3, 472
2,959
1,942
1, 943
1,592
2, 013
2,018
1,886
3,030
2,911
2,574
2,601 2, 448
2,410
5,364
5,098
4,970
1, 510
1,460
1,398
16, 736 ' 17, 895 17, 766
4,694
4,776
4,411
12, 325 13,118 13, 072
21, 254
3,539
2,077
2,069
2,909
2,807
6,218
2,429
18, 061
4,887
13, 174
19,342 19, 907
3,847
3,280
2,296
1,825
2,045
1,946
2,923
2,952
2,581
2,694
4,760
4,771
1,148
1,081
18, 167 18, 111
4,883 4,866
13, 284 13, 245
19, 623
3,767
2,203
1,991
2,994
2,542
4,544
1,654
18, "33
4,894
13, 329
19, 454
3,663
2,072
2,011
2,971
2,763
4,283
961
18,266
4,960
13, 306
9,769
3,479
10, 871
3,056
2, 955
5,625
5,583
9,431
8,539
135,036 37,697
18,300 19, 803
16, 736 17,895
335,036 3 37,697
is, r
37, 509
12, 514
2,304
3,552
2,350
16, 499
1,980
6,096
4,825
10,880
1,795
3, 928
1,070
24. 714
6,049
2,317
2,887
1,893
4,139
1,769
1,235
9,557
3,533
11, 646
9,660 ' 9, 675
3,533 '3,558
11, 573 '11,561
9, 643
3,610
11, 461
6,534
9,756
13, 283
3,701
5,661
24, 447
6,593
9,827
13, 338
3,751
5,734
24, 465
6,650 '6,694
9,809 '9,770
13, 490 ' 13, 419
3,854 ' 3, 941
5,816 '5,835
24, 380 '24,610
6,658
9,726
13, 616
3,966
5,841
24, 800
3,072
5,605
9,445
37,785
20,320
17, 465
39, 704
3,081
5,607
9,54
40, 641
21, 878
18, 763
39,469
3,134
5,688
9,560
41, 820
22,507
19, 313
40, 712
3,164
5, 788
9,617
41, 842
22, 435
19, 407
41, 120
3,237
5,799
9,850
41,988
22, 300
19, 688
40, 307
20,720
3,821
2,243
2,089
3,098
2,637
5,172
1,227
18,870
5, 190
13,680
21, 271
3,739
2,232
2,068
3,092
2,891
5,546
1,465
18, 433
5,018
13,415
21, 130
3,802
2,291
2,110
3,050
2,597
5,690
1,703
18, 339
5,054
13, 285
21, 714 22, 043 '20,992
3,593 3, 456 '3,286
2,018
1,876 '1,632
2,065 2,098 '2,027
3,100
3,107 '3,108
2,711 2,929 '2,801
6,301
6,453 '5,878
1,757
2,248 ' 1, 552
18, 998 19, 077 '19, 189
5,203
5,130 ' 5, 157
13, 795 13, 9.47 ' 14, 032
3,339
7,257
do
4,368
3,578
do
do___. 2,803
13, 691
...do
3,478
7,866
4,814
3,637
3,027
14, 876
3,402
7,809
5,237
3,717
3,004
14, 613
3,585
7,915
5,534
3,717
3,086
15, 478
3,535
8,022
4,671
3,745
2,911
14, 625
3,490
7,967
4,478
3,678
3,052
15,353
3,418
8,068
4,824
2,916
3,071
15, 549
3,489
7,972
4,586
3,289
3,043
15, 341
3,750
8,303
4,738
3,984
3,098
15,717
3,607
8,093
4,939
4,116
3,238
15, 711
3,569
7,927
4,981
4,083
3,155
15, 754
3,727
8,207
4,97<
4,530
3,145
16, 129
1,404
2,156
3,326
1,493
2,260
3,706
1,421
2,336
3,916
1,566
3,287
3,774
1,500
1,862
3,772
1,471
1,982
3,686
1,426
2,412
3,786
1,498
1,788
3,882
1,664
1,873
3,917
1,580
2,372
3,958
1,529
2,438
3,799
1,601
2,463
4,024
52, 717
54, 313
54, 501
54,990
55, 637
55, 605
55,962
57, 363
58, 629
49,785
2,932
51, 422
2,891
51, 637
2,864
52, 119
2,871
52, 742
2,895
52, 652
2,953
53,042
2,920
54, 439
2,924
55, 636
29993
55, 042
56, 067
56, 363
57,044
57, 317
do
Machinery and equipment..
_
do__._
Unfilled orders, end of year or month (unadjusted),
49,149
totalf
mil $
55, 962
46, 193 53, 042
Durable goods industries, total—..
do
2,920
2,956
Nondur. goods indust. with unfilled orders©.do
Unfilled orders, end of year or month (seasonally
adjusted), totalf
mil. $ 49, 796 57, 044 52, 833 54, 075 54, 216
By industry group:
46, 676 53, 958 50, 037 51, 302 51, 366
Durable goods industries, total 9 —,
do
5,049
5,051
6,559 4,795
3,930
Primary metals
___„
.
do
3,024
3,013
4,311 2,748
2,120
Blast furnaces, steel mills.
do
4,520
4,451
4,475
4,811
4,062
Fabricated metal products
do
7,794
7,576
8,302 7,618
Machinery, except electrical
.do
7,027
7,795
7,646
7,413
8,103
Electrical machinery
.
.... do
7,114
21,
210
21,569
20,
679
21,
090
Transportation equipment...
do
19, 368
Aircraft and parts
_
_.do_... 14, 446 15, 526 15,383 16, 026 15, 742
3,086 2, 796
2,850
2,773
3, 120
Nondur. goods indust. with unfilled orders©.do
By market category:
1,976
1,910
1,901
1,975
Home goods, apparel, consumer staples do
1,987
Equip, and defense prod., incl. auto
.do
26, 197 29, 223 28, 028 28,820 28, 817
5,211
5,201
5,213
5,490
Construction materials and supplies
do
4,986
Other materials and supplies
.......do.... 16, 626 20, 356 17, 682 18, 153 18, 212
Supplementary market categories:
1,391
1,356
1,351
1,420
Consumer durables...
.._._do_... 1,407
Defense products
....do
18, 724 20, 058 19, 828 20, 588 20, 291
Machinery and equipment
...do
11,186 13, 367 12, 349 12,444 12, 695
1
2
3 D ata for t otal and com' Revised.
Monthly average.
Advance estimate
ponents (incl. market categories) are monthly averag es based on new c rdersno t seasonal lyadjusted.
fSee corresponding note on p. S-5.
91ncludes 3ata for items no t shown separately.
©Includes textile mill products, leather a nd prod nets, pap er and a llied pro ducts,
12, 406 12, 512
2,332
2,317
3,456
3,502
2,362
2,280
16, 114 16, 162
1,883 ' 1, 957
5,936 ' 5, 966
4, 686
4,782
10, 713 10, 801
1,685 ' 1, 722
3, 962 "3,957
1,033 ' 1, 056
24,766 24, 794
6,- 182 '6,100
2,307 '2,328
2,828 '2,826
1,865 '1, 885
4,106 '4,174
1,792 ' 1, 775
1,222 ' 1, 221
'3,210
'5,740
'9,651
'40,162
' 21, 166
'18,996
'40,181
20,947
3,462
1,817
2,025
3,113
2,863
5,621
1,408
19, 360
6, 279
14, 081
3,672 '3,689
3,708
8,372 '8,277
8,386
6,121 '5,323
5,308
4,239
4,133 '4,208
3,113
3,150 '3,105
15, 672 ' 15, 579 15, 553
'1,574
' 2, 460
'4,069
1,536
2,309
4,004
59, 217
59, 779 '59,869
59, 932
56, 215
3,002
56, 684 '56,694
o,095 '3,175
56, 716
3,216
8,160
58, 595
59,463 ' 59, 897
60, 206
55, 531
7 058
4,720
4,897
8,563
8,302
21, 776
16, 098
56, 374 ' 56, 875 57, 101
6,645
6, 683 '6,569
4,147
4,351 '4,148
4,911 '5,051 5,081
8,688 '8,782 8,873
8,773
8,448 '8,555
22,819
22, 66^
16, 849 '16,861 16, 834
52, 135
5, 699
3,608
4,565
7,931
7,913
20, 977
15, 437
53, 137
6,104
3,956
4,663
8,062
7,924
21, 346
15, 760
53, 406
6,370
4,125
4,762
8,194
8,142
20, 867
15, 363
53,958
6,559
4,311
4,811
8,302
8,103
21,090
15,526
54, 280
6,656
4,387
4,851
8,413
8,247
21,051
15,394
55, 092
7,073
4,759
4,910
8,467
8,269
21, 363
15, 738
2,907
2,930
2,957
3,086
3,037
3,068
3 064
2,002
28,869
5,263
18, 908
1,953
29,217
5,368
19, 529
1,954
28,971
5,433
20, 005
1,975
29,223
5,490
20,356
1,962
29, 210
5,558
20, 587
1,904
29, 494
5,596
21t 166
1,898
29, 549
5,591
21, 557
1,629
3,236
4,078
'3,022
3, 105
1,901 '1,908
30, 694 '31,154
5,628 '5,721
21,240 '21,114
1,879
31, 414
5,724
21, 189
3,089
1,374
1,354
1,371 '1,39^ 1,378
1,384
1,401
1,420
1,427
1,401
20, 080 20, 387 20, 058 20,058 19,964 20, 260 20, 502 21, 361 '21,457 21, 504
12, 812 12, 946 13, 175 13,367 13, 534 13, 572 13, 771 13, 981 '14,166 14, 336
andp rinting a nd publi shing inclustries; iinfilled orders for other no ndurable goods in dustries
t For thes 3 industr ies (food and kinidred prc)ducts, t obacco products, apparel
are z(3ro.
andr slated pr oduets, petroleum and coal product.5, chemic als and a lied prod ucts, anci rubber
andj lastics p roducts) sales are considenMl equal to new 01"ders.
SURVEY OF CUERENT BUSINESS
August 1965
1963
Unless otherwise stated, statistics through 1962
©ltd descriptive notes sure stiowm In tlie 1963
1964
Monthly
average
edition ©f BUSINESS STATISTICS
S-7
1965
1964
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
17 635
16 671
July
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS d"
New incorporations (50 States and Dist. Col.):t
Unadjusted
number
Seasonally adjusted
_.
__do
INBUSTEIAL AND COMMEECIAL
FAILURES cf
Failures, total __..__.
_
.number..
Commercial service
Construction
Manufacturing and mining
Retail trade _. .—
Wholesale trade
do
do
_ .— do __
._»_>.....__do._._
do
15, 534
16, 477
16, 856
15, 919
17, 145
15,979
14, 552
16, 074
15, 465
16, 605
16, 394
16, 493
14, 098
17,103
17, 459
17, 154
18, 180
17, 275
15 967
17, 367
19 789
17 112
17, 712
16, 504
16, 540
16, 043
1,198
1,125
•1,157
1,096
1,169
1,034
1,060
967
968
1,137
1,114
1,332
1,179
1,183
114
200
201
557
126
102
199
188
520
116
123
219
146
563
106
82
214
192
501
107
113
203
185
550
118
81
208
163
484
98
96
194
196
467
107
100
180
175
412
100
89
175
165
442
97
105
206
187
525
114
103
199
185
525
102
124
230
218
621
139
99
228
183
535
134
126
204
191
549
113
93, 766 119, 324
4,666
4 870
23, 967 22 953
35, 619 59,174
19 135 20 629
10 379 11 698
98, 282
9 171
25 835
27, 233
28 023
8 020
Liabilities (current), total.............•
thous. $.. 112, 716 110, 769 144,496 125, 642
7,425 15, 211 80,909
9,037
Commercial service - .. •
do
Construction „__
_._
-__
____.do___. 19, 280 21, 866 15, 349 23, 772
Manufacturing and mining
_
_ _ do
46, 475 30, 155 17, 951 23, 309
24, 947 23, 496 21, 694 20, 781
Retail trade
- .-- do
8,593 48, 743
14, 589 20, 041
Wholesale trade
do
Failure annual rate (seasonally adjusted)
53.2
54.9
No. per 10,000 concerns.. *56.3 '53.2
95, 180 114, 565
22, 555
6,074
17, 897 32, 185
16,079 31, 396
25, 715 24, 958
12 934 19 952
59.1
56.3
50.7
50.3
48.2
89, 272 111,985 146, 579
4 905
9 111 24 487
24 381 19 881 21 075
26, 189 43, 269 47, 868
19 744 28 663 29 913
14 053 11 061 23 236
52.8
51.7
54.8
1 094
90
205
172
510
117
83, 247 133, 113 144 607
6 039 48 806 54 207
19 554 17 799 35 601
26, 090 32, 978 22* 435
20 067 20 944 22 353
11 497 12 656 in on i
54.1
50.8
50.1
COMMODITY PRICES
PEICES EECEIYED AND PAID BY FARMERS
Prices received, all farm products©. _>_1010-14=s 100..
Crops.. _._.__
..__.__-»„_ _.„
do
Commercial vegetables
.
do
Cotton ._ -_
do
Feed grains and hay.
„__ .
do
Food grains..
.«
._— __ do
Fruit.—.
... .. —
Oil-bearing crops _ _ _ ....
Potatoes (incl. dry edible beans)
Tobacco
.— .
..do
_ do
... do
do
.
Livestock and products... _„._.__„_„_ .......do. .„
Dairy products
„ ,
____ __
do
Meat animals
___„_„.„
do
Poultry and eggs . ._ __._ ...
do
Wool
—..—•— .—.—_. do
Prices paid:
All commodities and services ...
do
Family living items.. _._„„..._„„.. _.
do
Production items _ _
>__do
All commodities and services, interest, taxes, and
wage rates (parity index)}
1910-14=100..
Parity ratio§t-_...
_. .
do
242
236
233
234
232
237
236
234
234
236
238
239
248
251
256
253
239
233
271
164
224
238
246
262
166
190
242
247
277
168
170
233
230
275
163
163
226
223
258
163
161
229
223
258
170
164
233
229
261
165
165
234
281
254
161
168
234
241
247
171
168
234
234
233
174
168
234
237
233
176
167
237
261
242
177
166
243
287
249
180
164
248
325
251
182
162
243
299
255
180
158
236
254
253
177
160
292
258
156
494
298
256
227
490
301
246
327
489
275
247
293
485
282
243
234.
489
295
254
203
487
319
260
206
497
280
263
229
496
268
273
282
495
272
275
322
488
257
281
331
497
244
282
336
497
241
281
371
499
249
272
391
499
245
274
368
498
219
269
386
498
245
253
290
146
269
235
256
270
142
291
225
235
264
134
307
234
243
275
139
294
238
252
275
146
287
244
265
281
147
281
239
274
267
144
288
235
275
258
143
277
234
271
261
139
266
237
267
272
136
270
240
262
280
137
269
241
256
283
139
268
244
248
292
144
265
254
242
320
136
268
266
239
345
138
267
269
247
344
142
268
283
298
273
282
300
270
282
300
269
282
300
269
282
300
269
282
299
270
282
300
269
282
301
269
283
301
270
285
303
272
286
304
273
286
303
273
287
303
276
290
308
278
290
307
278
290
307
278
312
313
313
••313
313
313
312
313
313
317
318
318
320
323
323
323
278
276
74
'74
74
76
76
75
75
74
75
75
76
78
79
78
1
CONSUMER PEI€ES
(U.S. Department of Labor Indexes')
3 108. 2
106.7 * 108. 1 4 108. 0
108.3
108.2
108.4
108.5
108.7
108.8
108.9
108.9
109.0
109.3
.109.6
110.1
do
106.7
107.4
108.0
108.9
107.9
108.8
108.2
108.8
108.1
108.9
108.2
109.0
108.3
109.2
108.5
109.5
108.6
109.6
108.6
109.8
108.6
109.8
108.7
109.9
109.1
110.1
109.4
110.3
110.0
110.3
do
do
do
do
do
104.1
104. 9
102.1
101.5
116.6
105.2
106.0
103.0
101.2
121.6
105.0
105.8
102.9
100.8
122. 7
105.3
106.3
102.9
100.6
122.7
105.2
106.1
102.8
99.9
122.2
105.4
106.4
102.8
98.7
121.9
105. 5
106.4
103.1
101.3
121.9
105.6
106.4
103.5
102.5
122.9
105.7
106.5
103.4
101.6
123.7
105.6
106.3
103.6
101.5
123.7
105.5
106.3
103.3
101.0
121.7
105.6
106.4
103.2
100.8
121. 7:
105.9
107.0
103.0
100.7
120.6
106.2
107.5
102.9
100. '2
121.1
106.9
108.6
102.6
97.4
122.7
do—
do
103.5
113.0
104.4
115.2
104.3
115.1
104.3
115.3
104.2
115.4
104.3
115.5
104.6
115.7
104.8
116.0
104.9
116.2
104.9
116.6
104.7
116.9
104.8
117.0
105.0
117.3
105.2
117.5
105.1
117.6
do
do_
do
do
105. 1
100.2
103.8
111.0
106.4
98.6
104.7
115.3
106.2
96.8
104.0
120.2
107.2
98.9
104.3
122.3
106.9
99.2
104.4
117.3
107.2
101.4
104.6
112.2
106.9
100.6
105.3
111.7
106.8
99.5
105. 3
113.0
106.9
99.0
105.6
114.5
106.6
99.2
105.6
112.4
106.6
99.5
105.2
113.3
106.9
99.6
105.0
115.3
107.3
99.8
104.5
117.6
107.9
100.3
104.2
121.4
110.1
106. 4
104.0
125.9
Housing.....—
do
Shelter 9 *
do
Rent.. do
Homeownership*..
__.
do
Fuel and utilities*
do
Household furnishings and operation*... _ do
Apparel and upkeep*.
__
do
Transportation..do
Private. .
do
Public—
.
do
106.0
106.9
106.8
107.0
107.0
102.4
107.2
108.7
107.8
109.1
107.3
102.8
107.1
108.4
107.8
108.7
107.1
102.9
107.1
108.6
107.8
108. 9
107. 0
102.8
107.2
108.8
107.9
109.2
107.1
102.6
107.4
109.0
107.9
109.5
107.2
102.8
107.6
109.2
108.2
109.6
107.4
102.8
107.7
109.3
108.3
109.8
107.5
102.9
107. 8
109.5
108.4
110.0
107.9
102.9
108.1
109.9
108.4
110.6
107.9
102.8
108.2
110.2
108.5
110.9
107.4
102.8
108.2
110.1
108.7
110.8
107.4
103.1
108.2
110.1
108.8
110. 8
107.2
103. 1
108.2
110.2
108.8
110.8
107.1
103.1
108.2
110.3
108.8
111.0
106.9
103. 1
104.8
107.8
106.4
116.9
105.7
109.3
107.9
119.0
105. 7
109.2
107.8
118.9
105.5
109.4
107.9
119. 0
105. 3
109.3
107.9
119.1
105.9
108.9
107. 4
119.3
106.2
109.4
108.0
119.3
106.4
110. 0
108.6
119.5
106.6
110.5
109.0
120.3
105.6
111.1
109.7
120. 6
105.8
110.6
109. 1
121.2
106.0
110. 6
109.0
121.3
106.3
111.0
109. 5
121.3
106. 8
111.4
110.0
121.3
106.9
111.2
109.7
121.3
113.7
119.5
109.3
114.1
113.8
119.8
109.4
114.2
113.9
119.7
109.5
114.3
114.0
119.9
109.7
114. 5
114.2
120.2
109.7
114.9
114.3
120.3
110.0
114.9
114,5
120.6
114.7
121.0
110.1
115.2
114.9
121.4
110.4
115.4
115.4
121.6
110.7
115.9
ll& 6
121.8
111.0
115.9
115.7
122.2
111.0
115.7
All items
._._
Special group indexes:
All items less shelter...
—-.1957-59=100.___
Commodities^
Nondurables.
Durables^ 9
New cars......
Used cars
Commodities less foodf.»>_
Services^...
.
Food?..
—_ _ _
Meats, poultry, and
fish...
Dairy products.. ..
.
_
Fruits and vegetables..
Health and recreation?*._ do— 111.4 113.6 113.5
Medical care
_
"do"
117.0 .119.4
119.3
Personal care
do
107.9
109.2
109.1
Reading and recreation.
_
do
111.5
114.1 1140
1
Based on unadjusted data. 2 Annual data for 1961-64 for
index on old basis (discontinued with June index).
parity ratio
New series. Beginning Jan. 1964 the
* £f V+asket omA 3?£ to.4°0 ^ms; 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
no: o
115.0
1 and "*"). More complete information and data are available from the Bureau of Labor
Statistics, U.S. Dept. of Labor (Washington, B.C., 20210). rfCompiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.). fData prior to 1963 exclude pist
of Col. Revisions for Jan.-Dee. 1962 (seas, adj.) appear on p. S-7 of the Aug. 1964 SURVEY
O Revisions for Jan. 1961-Mar. 1964 for all components, and revised data for all farm
products, crops, and commercial vegetables back to Jan. 1958 are available in the May 1965
"Agricultural Prices, Supplement 1." JSee note marked "t" on p. S47 of the Feb. 1964
SURVEY. § Ratio of prices received to prices paid (incl. interest, taxes, and wage rates).
IData beginning 1963 as shown here are not comparable with "old series'" data formerly
published.
9 Incl. data not shown separately.
*New indexes.
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition ©f BUSINESS STATISTICS
1964
1963 ( 1964
Monthly
average
August 1965
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
104.2
90.1
115.3
102.8
103.3
89.0
114 6
102 9
100 6
102.2
103. 9
100 5
102 3
104 0
COMMODITY PRICES—Continued
WHOLESALE PRICEScf
(U.S. Department of Labor Indexes')
Spot market prices, basie commodities:
22 Commodities..
.._ 1957-59=1009 Foodstuffs
do
13 Raw industrials
-do
By stage of processing:
Crude materials for further processing
do_ __
Intermediate materials, supplies, etc __do
By durability of product:
Total manufactures
Durable manufactures
Nondurable manufactures
do
do_
- do
193.9 197.7
192.0 188.8
195.2 1 104. 6
100.3
100.5
95.2
87.0
101.4
100.0
95.8
86.8
102.5
100.4
97.9
87 7
105 7
100 3
100.0
89 3
108 2
100 7
102.3
89.7
112 0
100.8
102.7
89.2
113 2
100 7
103.2
91.1
112.5
100 7
102.3
91 5
110 6
101 0
102.4
91.5
110 7
101 2
103.0
89.8
113 2
101 3
105. 3
90.6
116 7
101 7
105.2
90.3
116.9
102.1
95.0
100.5
101.4
94.1
100.9
101.8
92 4
100.3
101.7
93 8
100.5
102.1
94 1
100 4
101 9
95 7
100 6
102 1
94 3
101 1
102.1
94 0
101 1
102 1
94 0
101 4
101 9
94 2
101 6
102 3
95 5
101 6
102 3
95 8
101 6
102 4
96 9
101 8
102 8
98 3
101 9
103 2
101.0
99.6
102.4
99.1
102.3
98.4
102.4
98.9
102 5
98 7
102 4
99 4
102 8
99.2
102 9
99 1
103 0
99 0
103 1
99 5
103 2
99 6
103 3
99 8
103 4
100 4
103 6
100.8
103 7
102 0
103 7
102 2
100.6
101.3
99.8
101.1
102.5
99.7
100.8
102 4
99.1
101.1
102 5
99 7
101 0
102 5
99 5
101 2
102 5
99 8
101.4
102 8
100 0
101 4
102 9
99 8
101 5
102 9
100 0
101 8
103 2
100 5
101 8
103 3
100 3
101 8
103 3
100 4
102 1
103 4
100 7
102 4
103 6
101 1
103 0
103 7
192 2
103 1
103 7
102 5
95 7
101 5
90 2
90 9
93 8
98 2
88.9
85 8
94 0
108 0
88 0
83 6
92 7
98 9
90 I
83 1
93
98
90
85
94
102
90
88
5
5
5
4
95 4
107 8
90 6
89 8
97 6
117 7
91 2
91 4
98 4
118 5
91.0
96 2
100 3
100
104
88
105
r
Fruits and vegetables fresh and dried
Grains
Livestock and live poultry
do __
do
do
95.7
96.1
101.9
88.8
94.3
103.2
94.1
84.7
93.2
113 ]
89.8
82.3
94 1
108 9
85.7
87 7
93
97
85
88
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. __
101.1
107.3
107.5
103.9
93.3
101,0
107.8
107.8
104.8
90.8
100 2
107 9
107 1
106. 1
90 2
101 2
108 6
107 0
105.1
93 3
101 0
108 3
107 3
102.1
93 3
102 2
108 1
108 7
102.2
96 1 '
101 7
108 2
108 9
102.7
93 2
100 9
108 3
109 5
102.3
89 8
100 8
108 2
108 9
101.9
88 8
102 2
108 2
108 3
101.9
91 9
102 1
107 9
107 8
100.3
92 1
101 8
108 1
107 5
100.7
92 4
in9 ^
108 3
107 5
100.9
93 6
103 3 r log l
108 3
108 5
106 8
107 1
100.4 ' 101. 5
97 7 r 105 5
100.7
101.2
100.9
101.1
101.1
101.1
101.5
101.6
101.8
101.9
101.9
102.0
102. 1
102.3
96.3
94.8
95.1
80.3
99.9
103.8
96.7
94.2
95.0
96.8
100.1
104.7
96 5
94 3
94.6
93 2
100 2
103 9
96 6
94 3
94.8
95 9
101 1
104 1
96 5
93 9
94.7
101 3
100 2
104 8
96 6
93 9
94.6
106 2
98 8
104 8
96 9
94 3
94.6
107 7
99 3
104 8
97 1
94 1
94.7
11° 6
100 7
104 9
Q7 9
97 5
94 7
94.6
118 3
103 8
105 2
Q7 ^
Q7 fi
94 5
94.6
m7
94 8
94.8
104. 8
97 3
94 6
94.4
113 4
10° 3
104 8
104 3
104 4
104 4
97 6
94 8
95.0
116 7
104 3
105 7
97 4
94 8
94.7
114. n
104. s
105 7
99.8
Fuels and related prod., and power?
do
96.9
Coal
.
do
102.0
Electric power
Jan. 1958=100..
122.8
Gas fuels
- do
Petroleum products , refined
1957-59 = 100 . _ 97.2
98.1
Furniture, other household durables 9 ---do
91.8
Appliances, household
- do_
104.6
Furniture, household - do.
82.8
Radio receivers and phonographs. _ _ _ — do
92.3
Television receivers
. do_ __
97.1
96.9
101.1
121.3
92.7
96.3
95.3
100.9
116.0
92.3
96.7
96.1
100.6
120.2
92.5
96.4
96 6
101.4
121 2
91.4
95.2
97 3
101.5
118 4
89.5
96.7
97.7
101.5
120.4
91.9
97.6
98 0
101.4
123 1
93.3
98.1
98 2
101.3
124 0
94.0
98.5
98 3
101.1
121 4
95.2
97.9
98 3
100.8
124 1
93.9
97.9
97 3
100.8
124 1
94.0
97.6
94 6
100.8
122 5
94.1
98.4
94.6
100.8
122 2
95.4
98.7
100. 8
r 122 7
96.0
98.7
95 1
100.7
122 7
96.0
98.5
91.3
105.3
81.5
90.9
98.5
91.2
105.1
81.5
91.2
98.6
91.2
105.2
81.8
90.8
98.6
91 3
105 3
81.8
90 8
98.6
91 1
105 3
81.8
90 8
98.5
91 2
105.5
81.5
91 1
98.5
90 7
105 6
81.3
91 1
98.4
90 6
105 7
81.3
90 0
98.3
90 2
108 1
81.1
89 7
98.2
90 0
106 0
81.1
88 9
98.3
90 0
106 0
81.1
88 9
98.0
89 4
106 0
81.1
88 9
98.0
89 4
106 0
81.1
88 9
98.0
89 4
105 9
81.1
88 9
97.8
89 5
105 9
78.2
07 q
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
6
9
7
4
94 2
94.7
1 1 fi R
inn 7
0
5
4
5
m
o
-in ,4 q
r 109 0
89 6
104 6
0
0
4
0
i OR 7
109 3
107 8
101.7
106 3
' 102. 5 102.5
rQ4 7
Q7 &.
QC n
94.9
n ft ^
ino Q
1 OPC 7
Hides, skins, and leather products 9
Footwear
"
Hides and skins
Leather
_
Lumber and wood products..
Lumber
do
do
do_ _.
do
—do
do
104.2
108.3
84.0
101.9
98.6
98.9
104.6
108.5
87.5
102.9
100.6
100.7
104.8
1C8.3
90.3
103.3
101.4
101.8
105.4
108.3
92.6
104.7
101.2
101.5
105.6
108 3
96 0
104 5
100.9
101 1
105.4
108 4
95 5
104.0
100.6
100 7
106.0
109.1
95.4
104.8
100.3
100.4
105.5
109 0
90 7
103.9
99.6
99 2
105.4
109 0
90 2
103 9
99.4
no 1
104.9
109 1
86 5
104.2
100.8
100 8
105.1
109 1
90 2
103 2
100.8
101 4
105.7
109 1
92 1
105 7
100.7
101 3
106.3
109 7
96 3
103 6
100.5
101 0
107.4
109 7
105 9
104. 2
100.4
101 0
r
108. 2
109 8
103 1
107 6
100.3
101 1
109.2
109 8
117 4
105 9
100. 4
101 1
Machinery acd motive prod. 9 Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles
-do
__do.._do
do
do
102.2
111.1
109.6
97.4
100.0
102.9
112.9
112.4
96.8
100.5
103. 0
112.7
112.3
96.5
100.9
103.1
112.9
112.3
96.5
100.9
102.9
113.1
112.3
96.6
100.7
102.9
113.0
112.4
96.6
100.5
103.0
112.9
112.4
96.3
100.7
103.2
113.8
113.4
96.5
100.7
103.3
114.3
113.8
96.7
100.8
103.5
114.4
114.3
96.8
100 9
103.5
114.6
114.5
96.8
100 8
103.7
114.8
115.0
97.0
100 8
103.7
114.7
115.1
97.1
100.8
r 103. 8
103.8
114. 9
115.4
97.0
100 7
Metals and metal products 9
Heating equipment
Iron and steel
x.
Non ferrous metals
do
do
do
_ do
100.1
92.9
99.1
99.1
102.8
92.0
100.5
105.9
102.3
92.4
100.4
104.0
102.5
91.9
100.7
104. 4
103. 0
91.7
101.2
105.8
103.0
91.7
100.5
107.0
103.8
91.8
100.7
110.4
104.3
91.9
100.9
112.0
103.1
114.2
113.7
96.3
100 8
104.7
92.2
101.1
113.4
104. 5
91.3
101.4
111.9
104.6
91.4
101.2
112.2
104.8
91.6
101. 3
112.7
105.2
91.9
101.4
113.7
105.7
91.6
101.5
115.2
' 105. 9
105.8
92.1
101.5
115.5
do
.do
do
do.
do.. -do
do
do
do— —
do
do
do
—do
do
101.3
103.6
101.7
105.4
99.2
102.4
93.8
90.1
101.5
104.4
100. 9
108.2
99.0
103.6
92.5
89.0
101.4
104.5
100.8
108.6
98.7
103.7
91.6
88.0
101.5
104.4
100.9
108.6
98.7
103.7
91.8
88.0
101.7
104.5
100.8
108.6
98.7
103.7
91.8
88.0
101.8
104.6
101.1
108.6
98.7
103.7
91.9
88.0
101.8
104. 8
101.1
108.6
99.1
104.0
92.1
88.0
101. 8
104.9
101.1
108.6
98.9
104.0
92.2
88.0
101.6
105.0
101.1
106.6
98.9
103.7
- 92.2
88.8
101.7
105.0
101.3
106.6
99.0
103.7
92.3
88.8
101.8
105.1
101.2
107.7
99.0
103.8
92.2
88.5
101.9
105.1
101.2
108.4
99.5
103.8
92.2
88.5
100.5
101.9
100.3
93.9
139.9
100.9
101.2
102.8
99.6
95.8
117.3
103.0
101.0
102.8
98.7
96.2
117.0
102.8
101.1
103.3
98.3
96.2
117.0
102.6
101.2
103.3
98.6
95.8
117.0
103.0
101.2
103.3
98.9
95.7
117.0
102.9
101.4
103.3
99.0
96.1
116.6
103.1
101.4
103.2
99.1
96.5
117.8
103.3
101.5
103.1
99.4
96.8
117.4
102.8
101.5
103. 1
99.5
96.9
121.6
103.4
101.5
103.1
99.6
96.3
135.5
103. 3
101.5
103.1
99.6
96.4
131.4
103.1
101.9
105.1
101.3
108.1
99.8
103.9
92.3
88.5
101.5
103.1
99.7
96.1
134.5
103.1
106.1
101.0
104.1
110.4
101.0
107.4
100.7
105.6
109.2
101.0
107. 4
100.3
105.6
106.7
100.9
107.3
100.3
105.6
107.5
101.0
107.5
100.8
105.6
107.3
101.0
107.5
100.8
105.6
109.2
101.2
107.6
100.8
105.6
110.1
101.1
107.5
100.5
105.6
108.5
100.9
107.5
100.5
105.6
110.7
101.0
107.5
100.5
105.6
110.0
101.9
107.6
100.9
105.6
109.6
101.9
107.5
100.6
105.6
109.5
102.0
107.8
100.7
106.5
110.3
102.2
101.9 ' 102. 0
105.1
195.1
101.3
101.6
108.1 107.5
100.0
100.0
104.0
104.1
92.9 '92.8
89.7
90.2
101.6
101.9
103.2 r 103. 6
99.9
100.2
96.0
95.9
135.1 132.2
103.8
104.0
108.1
107.6
100.8
100.7
107. 3
105.6
108.9
111.0
102.2
102.2
99.7
93.7
99.5
92.5
100.0
92.6
99.6
92.3
99.7
92.4
99.3
92.3
99.2
92.2
99.3
92.0
99.3
91.9
99.0
91.8
98.8
91.8
98.7
91.7
98.3
91.5
-
Nonmetallic mineral products 9
Clay products, structural
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
Rubber and products
Tires and tubes . _
Textile products and apparel 9
Apparel
Cotton products
Manmade fiber textile products
Silk products
„
Wool products
Tobacco prod, and bottled beverages 9
Beverages, alcoholic
._Cigarettes
Miscellaneous
Toys, sporting goods _
— _
do
do
do
do
do
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices.
1957-59=100-.
Consumer prices
do
"Revised.
» Preliminary.
* Monthly averages computed by OBE.
2indexes
based on 1947-49=100 are as follows: Measured by—wholesale prices, 81.8 (July); consumer
prices, 74.0 (June).
d* For actual wholesale prices of individual commodities, see respective
commodities.
0Goods to users, including raw foods and fuels.
shown separately.
97.9
91.2
114.7
115.2
97.1
100 7
r
'92. 0
101.3
116. 2
2
97.3
90.8
101.9
105.1
101.7
107.5
99.9
104.1
92.7
90.2
101.9
103.7
100.3
95.7
127.6
104 4
107.6
100.7
105.6
112.5
102.6
297.2
9 Includes data not
SURVEY OF CURRENT BUSINESS
August 1965
Unless oflerwlse stated* • statistics through 1982
and descriptive notes are shown In the 1983
edition of BUSINESS STATISTICS
1963
1964
Monthly
1964
June
average
S-9
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACEf
miL$__
5,230
5,485
6,140
6,135
6,201
6,178
6,076
5,754
5,377
4,682
4,236
4,748
5,132
Private total 9
-- --— -,___do
Residential (nonfarm) 9
do
New housing units
do- ._
Additions and alterations
do
Nonresidential buildings, except farm and
public utilities, total 9-——mil. $__
Industrial
__.._
_do___.
3,655
2,154
1,672
0)
3, 824
2,209
1,718
4,221
2,570
1,882
0)
4,223
2,492
1,976
(i)
4,168
2,405
1,910
0)
4,089
2,311
1,842
4,000
2,229
1,788
C)
4,253
2,546
1,979
0)
0)
C1)
3,767
2,076
1,670
C1)
3,316
1,788
1,433
(0
3, 070
1,580
1,273
1
3,378
1,827
1,398
3, 713 "•4,045 ' 4, 434
2,134 ' 2, 371 '2 637
1,559 ' 1, 728 ' 1, 942
(i)
(i)
(J)
4 512
2 625
2 053
(i)
989
247
433
189
104
383
1,081
275
471
203
102
404
1,083
255
483
211
104
428
1,130
266
501
225
112
426
1,147
280
499
224
116
433
1,166
289
508
237
110
456
1,176
295
519
247
107
469
1,178
307
522
244
101
466
1,122
320
483
211
97
447
19 070
327
439
179
94
338
1,048
327
425
181
92
324
1,050
321
436
200
94
379
1,047
316
436
201
92
409
1, 108 »• 1, 209
315
'320
481
'555
233
'286
95
102
'435
'450
1,294
331
612
316
109
446
1,575
462
102
579
432
1,660
514
81
598
488
1,919
596
79
708
536
1,882
525
70
761
526
1,978
554
93
795
536
2,010
566
95
816
533
1,987
568
108
806
505
1,754
495
94
714
451
1, 610
493
63
640
414
1,366
470
57
439
400
1, 166
450
4.9
290
377
1,370
490
63
398
419
1,419
516
66
388
449
1, 564
••538
77
472
477
1 876
579
(i)
(i)
(i)
66, 361
66,384
65,480
65, 968
64, 861
65, 153
68, 178
66, 055
66, 881
67, 598
67, 590 '67,572 '69,024
69, 198
46, 168
46, 088
45, 508
45, 571
45, 294
45,368
45, 684
46, 333
46,846
47, 171
47, 544 ••47,982 '48 628
48 904
27 333
New construction (unadjusted), totalf
Stores, restaurants, and garages
Farm construction
Public utilities
.
-
do
-do
do—
Public total
- ——...Nonresldential buildings. „
Military facilities
Highways
. - . ...
do
do
do.
do....
New construction (seasonally adjusted at annual 2
rates), total t
—
——
mil. $_. 62,755 2 65,817
43, 859 45, 891
Private total 9
do
.._._._
Nonresidential buildings
Military facilities
Highways
-
C1)
r
' 1, 937
'589
i1)
741
526
25, 843
26, 507
26, 586
26, 551
26, 252
25,934
25, 685
25, 638
25, 953
26, 676
26, 713
26, 602
26,675 ••27,070 '27 308
11, 863
2,962
5,200
2,268
1,247
4,596
12, 975
3,303
5,656
2,434
1,221
4,850
13, 079
3,218
5,742
2,419
1,223
4,870
13, 027
3,280
5,642
2,348
1,220
4,900
12, 917
3,361
5,493
2,302
1,219
4,761
13, 018
3,400
5,587
2,454
1,217
5,071
13, 115
3,445
5, 653
2,543
1,215
4,990
13, 190
3,521
5,709
2,600
1S212
5,012
13, 034
3,610
5,641
2,549
1,209
5,165
13, 290
3,792
5,662
2,546
1,205
4,824
13, 466
3,871
5,701
2,660
1, 214
5,075
13, 761
3,934
5,903
2,855
1,212
5,207
14, 047
3,997
6,089
3,022
1, 209
5,181
do
18, 896
19, 926
20, 193
20, 296
19, 972
20, 397
19, 567
19, 785
20,494
19, 722
20, 035
20, 427
20, 046 '19, 590 '20, 396
do,
do
do.
5,540
1,227
6,948
6,163
968
7,182
6, 344
804
7,224
5,988
875
7,727
6,123
988
7,262
6,261
1,068
7,414
6,237
1,097
6,739
6,212
1,033
7,087
6,440
756
7,583
6,319
785
7,010
6,476
776
7,151
6,300
912
7,541
6,173
888
7,396
4,601
140
1,619
2,983
3,760
121
1,101
2,658
3,762
131
1,124
2,638
4,029
136
1,310
2,719
3,757
143
1,174
2,583
3,598
154
1,230
2,368
3,127
137
1,104
2,023
3,223
140
1,112
2,110
4,209
141
1,348
2, 861
4,770
152
1,539
3,231
4 864
145
1,517
3 348
4 625
'139
1 553
3 072
1,548
2,000
1,054
1,275
1,679
807
1,228
1,717
817
1,425
1,702
902
1,263
1,482
1,012
1, 298
1,306
994
1,155
1,273
700
1, 060
1,299
863
1,379
1,877
953
1,546
2,139
1,086
1 775
2 074
1,015
1 551
2 080
993
4,823
3,506
2,860
3,676
2,900
3,915
2,614
4,013
3,476
3,322
2 962
Residential (nonfarm)
do
Nonresidential buildings, except farm and
public ntilitips total 9
mil $
Industrial
.
.
do
Commercial 9
do
Stores, restaurants, and garages
do
Farm construction
do.
Public utilities
do
Public, total 9
C)
' 5, 609 '6,371
14,240
4.012
6,254
3,127
1,201
' 5, 034
r
6,388
'14 599 14 901
' 4, 040
4 076
'6 574 6 841
' 3, 290
3,317
1,196
1 188
' 5 115 5 099
6, 321 r 6 298
(i)
887
6,862
7 580
20 294
6 609
(i)
m
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Co.): A
4,504
3,942
3,796
Valuation total
mil. $
138
3132
s 137
Index (mo. data seas. adj.)... ..1957-59=100—
1,281
1,491
Public ownership.,.
mil. $__ 1,221
2,574
2,661 3,013
Private ownership
do
By type of building:
1,291
1,400
1,198
Nonresidential
- do
1,996
1,713
"Residential _
..— __do_ _. 1,709
889
937
1,108
Non-building construction..—
do
New construction:
2,770
3,700
3, 143
Advance planning (ENR)§
do
Concrete pavement awards:c?
430,942
33,
291
Total
thous. sq,, yds 430,160
4
1, 445 445 1, 338
1,120
Airports
do
4
19,
233
22,468
24,
049
Roads
_
do
4
4
7,599
Streets and alleys
.
do. _. 9, 481 s 6,395
4
5
7
4
2
523
Miscellaneous
do
32, 561
2,035
23, 008
6,648
870
31, 148
880
22 236
6,993
1 039
28, 931
623
22, 835
4,837
635
4 174
3 215
34 455
1 601
22 421
8 991
1*443
HOUSING STARTS AND PERMITS©
New housing units started:
Unadjusted:
Total, inch farm (public and private). ..thous..
One-family structures
do
Privately owned
_
...do
136.7
85.1
134. 1
132.6
81.1
129.8
164.9
102.2
159.4
146.0
91.9
143.5
145.7
90.2
142.3
127.4
79.2
124.0
146.1
92.0
144.0
114.6
69.5
112.0
98.3
58.8
96.7
85.6
51.8
81.5
87.9
51.5
85.4
124.9
76.7
120.7
154.9
100.2
152.2
162.1
103.5
157.5
156.9
Total nonfarm (public and private). .... do
In metropolitan areas
do
Privately owned..
do
134.4
95.8
131.8
130.3
693.2
127.5
162.2
118.4
156.7
143.8
103.2
141.2
143.2
97.5
139.7
125.3
90.6
121.9
143.5
100.9
141.4
112.4
77.7
109.9
96.4
70.4
94.8
84.2
58.8
80.1
87.1
63.4
84.7
123.0
90.7
118.8
152.8
101 6
150 1
159 7
105 2
155 1
154 3
1,621
1,593
1,500
1,475
1,513
1, 489
1,445
1,422
1,522
1,495
1,505
1,480
1,610
1 575
1,442
1 417
1, 482
1 468
1,489
1 465
1 552
1 532
1 516 1 531
1 501 1 504
1,305
726
1,264
683
1,285
694
1, 243
705
1,236
709
1,256
741
1,195
720
1,280
734
1,224
713
1,269
711
1,187
677
1,240
722
1,241
702
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)
do
do
New private housing units authorized by bldg. permits (12,000 permit-issuing places):*
Seasonally adjusted at annual rates:
Total
thous.. 2 1, 335
One-family structures
do
2750
2 1,286
2720
151. .9
149 3
CONSTRUCTION COST INDEXES
Dept. of Commerce composite}:
1957-59=100
American Appraisal Co., The:
Average, 30 cities..
1913=100—
Atlanta
_
do. .
New York
.._..
do
San Francisco
_
do
St. Louis
do
Associated General Contractors (building only)
1957-59=100..
r
109
112
112
112
113
113
113
113
113
113
114
114
114
114
'115
780
857
858
761
760
802
878
888
792
785
800
872
884
794
786
806
872
893
799
786
808
887
895
800
786
809
887
897
802
786
811
892
889
803
788
811
892
890
803
796
812
892
890
803
797
814
892
917
804
804
815
901
917
804
804
815
901
917
804
804
815
901
917
804
803
818
901
917
804
810
820
901
114
119
119
119
120
120
120
120
120
121
121
121
121
122
Revised.
i Not yet available; estimate included in total.
2 Annual total (also for
breakdown of new construction value).
3 Computed from cumulative valuation total.
* Quarterly average.
B prior to 1964, "miscellaneous" yardage was included with data for
roads and streets.
« Effective Jan. 1964, based on 1964 definition of standard metropolitan statistical areas;
not strictly comparable with earlier data.
fRevised series.
Revised monthly data for 1946-Apr. 1964 appear in Construction Reports C30-61 Supplement and C30-65-6 (Bu. of the Census).
., 9 Includes data not shown separately.
AMonthly averages are based on annual totals
including revisions not distributed to months.
781-756 O V 65,—
115
Q17
804
SflQ
123
124
§Data for July, Oqt., and Dec. 1964 and Apr. and June 1965 are for 5 weeks; other months, 4
weeks. Comparable data prior to 1961 not available.
cf Data for June, Sept., and Dec. 1964 and Mar. 1965 are for 5 weeks; other months, 4 weeks.
©Revisions for Jan.-Apr. 1964 for permits and unadj. starts and for 1959-Apr. 1964 for seas,
adj. starts appear in Census report C20-65-5.
* 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).
J Revised to 1957-59 reference base; also reflects revision of basic data.
SURVEY OF CURRENT BUSINESS
S-10
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1965
1964
1964
Monthly
average
August 1965
June
Aug.
July
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
CONSTRUCTION AND REAL ESTATE—Continued
CO NSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc.:^
Aver age, 20 cities:
All types combined
1957-59=100—
Apartments, hotels, office buildings
do —
Commercial and factory buildings
do.—
110.2
111.3
110.2
108.5
113.4
114.6
113.4
111.6
113.6
114.9
113.6
111.8
114.1
115.3
114.1
112.2
114.2
115.4
114.2
112.3
114.1
115.3
114.1
112.3
114.5
115.7
114.5
112.6
114.6
115.8
114.6
112.7
114.7
115. 9
114.6
112.7
114.9
116.1
114.8
113.0
115.4
116.7
115.3
113.4
115.5
116.9
115.4
113.6
115.6
117.0
115.5
113.7
116.1
117.5
116.1
114.1
117.2
118.4
117.3
115.0
1957-59 =100— 112.7
118.6
Bu. of Public Roads—Highway construction:
»
101.
0
Composite (av g. for qtr.)
1957-59 luu. .
116.1
123.2
116.2
123. 1
116.6
124.3
116.9
124.7
117.1
124.7
117.0
124.7
117.0
124.8
117.0
124.8
116.9
124.7
117.9
126.0
118.0
126.0
117.8
126.0
117.8
126.0
118.8 1 119. 1
127.6 i 128. 6
2102.0
99.3
142.9
152.5
167.1
156.4
162.5
169.1
163.1
148.4
165.5
159.1
163.8
144.9
141.4
147.9
130.9
152.2
129.1
137.6
132.1
149.0
165.5
171.1
161.6
158.5
140.7
'141.2
175.7
154.2
151.4
183.2
174.8
156.4
216.5
173.0
149.3
222.6
167.0
154.5
225.6
166.8
162.9
214.4
163.9
161.0
217.3
143. 7
141.3
186.0
135.9
132.5
155.3
136.7
131.7
104.9
136.2 ' 177. 4
138.4 171.0
93.4 134.8
183.4
159.1
179.4
166.0
155.5
15.8
15.2
11.6
9.5
17.9
177
10.8
103
15.2
162
10.7
109
15.8
176
8.3
88
15.4
174
10.4
121
15.1
183
8.7
112
11.6
194
7.3
118
11.7
193
7.1
118
11.8
202
6.8
113
15.1
203
8.7
124
19.2
184
10.5
110
18.7
190
9.5
95
16.6
183
10.4
109
15.7
155
9.7
93
15.1
168
616. 55
251. 51
604. 77
245. 93
605.39
270. 33
650.14 556. 64
275. 73 258.30
562. 63
241. 82
542. 46
225. 40
443. 58
199. 82
532. 44
216.46
541.38
178. 87
515. 58
182.49
610. 77
217. 36
646. 67
4,763
4,781
4,837
4,797
4,784
5,325
4,944
4,851
4,747
5,219
5,227
5,586
2,068 ' 2, 022 2,393
Engineering News-Record:
Building
102.4
103.8
106.9
103 2
CONSTRUCTION MATERIALScf
Output Index:
nn-mrtnciH-a
Iinarll11«tpr1 O
1947-49 — 100
Iron and steel products, unadjusted
Lumber and wood products, unadj
do
-do
REAL ESTATE
Mortgage applications for new home construction:
Applications
for FHA commitments 0
vv
thous. unitsReouests for VA appraisals
Seasonally adjusted annual rate
__do---do
Home mortgages Insured or guaranteed by—
Fed Hous Adm * Face amount
—mil. $.- 464. 09 547.77 570.30
253. 76 237. 68 232.60
Federal Home Loan Banks, outstanding advances
8
to member institutions
-mil. $— 4, 784 3 5, 325 4,769
New mortgage loans of all savings and loan associations estimated total
mil $
By purpose of loan :
Home purchase
All other purposes..
2,061
2,042
2,394
2,363
2,164
2,048
2,051
1,791
1,969
1,527
1,541
2,056
587
827
648
543
866
633
624
1,054
716
635
1,037
691
537
1,025
602
498
970
580
531
893
627
462
770
559
522
784
663
370
638
519
379
638
524
544
824
688
3,077
8,183
3,077
9,052
3,388
9,469
3,519
9,972
3,277
8,744
3,281
9,277
3,225
9,283
2,847
8,654
2,936
8,987
8,858
9,113
9,888
mil. $.. 117. 13
113. 93
108. 56
108. 08
99.47
100. 55
106. 11
104. 21
124. 59
136. 18
do —
do
New nonfarm mortgages recorded ($20,000 and
Fire losses (on bldgs., contents, etc.)
558
850
660
'526
'861
'635
610
1,100
683
113. 11 138.63
128. 48
116. 92
119. 54
~~
--
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adj.:t
Combined index
1957-59=100
Business papers
do
M^asa/lnes
do
Newspapers
Outdoor
Radio (network)
Television (network)
Television advertising :
Network (major national networks) :f
Net time costs total t
Automotive incl accessories
Drugs and toiletries
Foods so ft drinks confectionery
do
do
- do
do
mil. $
do
do
do
Soaps cleansers etc
do
Smoking materials
do
All other
do
Spot (natl. and regional, cooperating stations):
Gross time costs total
mil $
Automotive incl accessories
do
Drugs and toiletries
do
Foods soft drinks confectionery
do
Soaps, cleansers, etc
Smoking materials
All other
do
do
do
Magazine advertising (general and natl. farm magazines):
Cost, total
mil.$ .
Apparel and accessories
do
Automotive, Incl. accessories
do
Building materials
do
Drugs and toiletries
do
Foods soft drinks confectionery
do
118
111
127
125
112
136
128
119
138
126
109
142
126
117
140
128
112
138
126
117
139
127
119
136
129
115
141
127
120
140
126
114
142
130
121
144
125
114
139
95
88
102
145
103
89
103
157
105
86
100
159
107
79
101
154
96
83
103
161
108
65
95
167
90
114
99
163
101
96
104
161
104
104
112
163
108
58
90
153
103
101
92
149
106
90
101
155
100
82
110
154
286.5
2 24 1
90.2
52.4
260 8
19 8
81.0
49 5
223.8
16.1
70.2
42.4
353.6
33.7
109.2
59.1
310.6
21.1
105.7
58.2
2264
2 22
22 87
47
5
7
1
4
2
2
2
2 24 5
2 32 6
2 50.3
2
26 1
31.2
53.3
20.1
28.5
46.5
27.7
44.9
79.0
28.8
38.4
58.4
2217
8
2
81
2
42 8
2
254 0
6
2
88 2
263 7
11 4
47 0
93 1
223.6
90
43.4
74.4
272.8
8.3
49.8
92.8
249.6
8.8
51.9
90.2
222
9
2
97
2
61 2
224 6
2
12 5
2 70 8
26 5
12 4
73 3
24.2
13.7
58 9
23.6
13.7
84.5
22.3
13.2
63.2
77.6
4 8
85
2 2
80
10 4
83 1
51
92
23
9i
11 2
83 5
22
89
30
95
11 6
273 o
25.8
22 36.7
57.3
2
9
2
48
2
60.5
114.9
103.8
8.0
18.Q
8.4
11.9
12.9
11.2
19
11.8
13 6
4.2
6.0
6.7
8.4
6.3
2.0
3.8
85.7
95
6.0
4.3
1.5
7.4
10 2
85
95
2.7
3.3
.7
3.0
Q
7.7
4 7
Beer, wine, liquors
do
37
49
48
Household equip., supplies, furnishings do
55
43
60
77
Industrial materials
do
37
32
40
46
g
Soaps, cleansers, etc
do
10
13
12
Smoking materials
_
do
30
32
32
37
All other
do
18.5
25.8
26.7
26.3
' Revised.
1 Index as of Aug. 1,1965: Building,
119.5; construction, 129.5.
2
8
Annual average based on quarterly data.
End of year.
^Copyrighted
data; see last paragraph of headnote, p. S-l.
1
cf Revisions for 1961—Apr. 1964 will be shown later.
9 Includes data for items not shown separately.
58.5
63
20
32
18.0
29
7.6
2.6
6.3
76
80.2
39
61
10
10.4
11 1
58.8
19
77.2
35
14
6 3
87
6.5
103.4
18
94.1
66
10.9
30
11 5
12 3
11.3
9.1
8.5
9.6
8.6
11.9
3.7
9.7
103 7
66
11 0
37
94
11 6
37
19
6.1
59
49
3' 2
30
7.7
92
60
4 6
49
28
26
33
9
28
1.6
27
19
12
20
3.2
3.4
3.6
36
27
31
34
36
34.8
27.9
35.2
32.7
25.0
33.5
28.3
22.5
32.1
©Monthly data prior to 1963 are on p. 20 of the Feb. 1965 SURVEY.
§ Data include guaranteed direct loans sold; these became sizable after 1962.
JData revised beginning 1961; revisions prior to Mar. 1964 will be shown later,
f Revised series. Data revised beginning 1st qtr. 1963 to reflect net time costs (including
talent, production, and rights); figures for 1st qtr. 1963—1st qtr. 1964 will be shown later.
46
8.2
4 7
2 3
97
53
32
SURVEY OF CURRENT BUSINESS
August 1966
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
S-ll
1964
| 1964
Monthly
average
June
July
Aug.
Sept.
1965
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
-
__
-
-
-
do__
do
do
do__
do
238.0
62.5
247.8
65.6
247.0
68.4
226.5
66.9
238.0
70.5
248,2
64.9
265.0
67.6
276.4
63.7
262.3
54.8
223.8
65.2
214.5
62.5
256.3
71.3
271.8
72.7
286.0
79.9
266.0
75.7
175.6
12.5
182.2
13.3
178.6
16.2
159.6
12.8
167.5
11.8
183.4
15.6
197.4
12.6
212.8
13.1
207.5
158.6
10.6
152.0
12.0
185.0
14.3
199.1
16.6
206.0
16.9
190.3
17.3
25.4
151.4
28.5
155. 6
24.9
142. 7
4.9
5.1
5.2
5.8
3.9
4.4
5.2
4.7
9.3
5.0
7.3
4.3
5.4
5.0
5.7
23.8
134.3
24.4
139.4
25.9
131.3
19.6
121.4
17.5
134. 4
24.9
138.5
30.1
149.5
30.1
164.8
22.2
171.1
19.3
121.4
19.8
116.0
24.8
140.4
mil. $__ 20, 536
21, 802
22,242
22,145
21, 778
21,313
22, 605
21,720
27, 719
20, 581
19,608
21, 915
6,675
3,830
3,600
7,093
4,041
3,800
7,719
4,387
4,110
7,399
4,159
3,896
7,011
3,853
3, 611
6,893
3,728
3,503
6,813
3,713
3,471
244
242
8,201
4,370
4,057
6,665
4,219
4,032
242
225
7,133
3,858
3,614
313
187
6,664
4,247
4,069
7,709
4, 958
4, 744
8,061
5,036
4,780
214
256
1,112
1,111
1,088
1,182
1,169
1,488
890
598
953
631
322
903
598
305
1, 000
1,000
665
335
671
329
829
636
193
999
759
240
5.4
RETAIL TRADE
All retail stores:
Estimated sales (unadj.), totalDurable goods stores 9 Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
do
do
do
do
230
240
277
Furniture and appliance group
Furniture, homefurnishings stores
Household appliance, TV, radio
do _
do
do
968
622
346
1,091
Lumber, building, hardware group
Lumber, bldg. materials dealers cf
Hardware stores
_
do
do
do
964
743
221
970
738
232
1,129
Nondurable goods stores 9
--Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
- -
-do
do
do
do
do
do
13, 861
1,205
14, 709
1,297
14,523
1,238
Drug and proprietary stores.. .
Eating 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..
Liquor stores
do
Estimated sales (seas adj ), totalt
232
466
300
207
681
705
386
252
510
316
219
735
377
879
250
254
465
302
217
263
1,098
708
390
1,109
872
237
14,746
1,118
221
427
275
195
735
376
696
392
1, 052
1,045
823
229
814
231
14, 767
1,209
14, 420
1,289
220
463
314
212
234
497
323
235
178
776
406
752
417
1,118
871
247
995
743
252
992
643
349
743
553
190
697
528
169
15, 472
1,376
14,907
1,355
19,518
2,324
13,916
1,100
12,944
917
269
547
345
215
273
539
333
210
523
924
571
306
231
439
247
183
181
378
206
152
715
705
701
724
689
1,506
4,929
4,463
1,614
1,617
5,183
4,689
1,691
1,805
5,283
4,780
1,801
1,671
5,099
4,612
1,701
1,688
5,528
5,031
1,761
1,568
5,017
4,546
1,712
716
1,796
5,484
4,971
1,820
966
1,711
5,114
4.613
1,754
1,658
5,762
5,208
1,790
1,559
5,242
4,786
1 679
1453
4 854
4 405
1 561
2,388
1,390
2,643
1,553
2,491
1,481
2,380
1,384
2,591
1, 513
2,550
1,519
2,801
1,668
3,021
1,761
5,048
2 977
2,094
1 254
1 998
1 159
177
385
472
195
431
497
170
395
472
707
708
158
398
500
195
421
489
189
400
475
209
430
510
262
473
518
341
901
770
135
311
455
692
147
333
433
21 935
22 266
22, 254
21, 383
21,661
22781
22 900
7,002
3, 885
3,645
7 060
3,989
3,755
7 324
4,259
4,025
7,541
4,531
4,301
6,496
3,495
3,265
6,695
3,685
3,428
230
257
7 645
4,588
4,344
7 855
4 709
4,470
4 855
4 608
947
240
Furniture and appliance group
do
Furniture, homefurnishings stores do__
Household appliance, TV, radio ... -do
1,108
1 107
1 094
1,067
1 088
1 098
1 113
1 103
1 081
1 094
Lumber, building, hardware group ._ do
Lumber, bldg. materials dealerscf
do
Hardware stores..
do
Nondurable goods stores 9
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores _
do
do
do _
do
do
Drug and proprietary stores
Eating and drinking places
Food group
_
Grocery stores
Gasoline service stations
do
do__
do
do
do
General merchandise group 9
Department stores
Mail order houses (dept. store mdse.)
Variety stores
_
Liquor stores
.
do T _
do
do
do.
do -
735
373
709
398
234
719
375
230
679
388
992
765
227
954
732
222
938
711
227
966
729
237
14 771
1,322
14 875
1 316
14 942
1 363
14 713
1 285
244
522
338
218
721
257
509
333
217
726
269
519
351
224
261
504
314
206
722
734
244
703
385
701
397
983
741
242
982
721
261
1,004
14 887
1 301
14 966
1 310
15 136
1 300
259
512
320
210
739
261
517
303
229
724
702
411
742
262
257
518
299
226
731
239
748
355
1 050
805
245
748
1 653
5 409
4 913
1 755
1 704
5 192
4*714
1 749
2,620
1,533
2 686
1 580
2 734
1 630
2 591
1 516
2 664
1 568
2 738
1 580
2 762
1 600
2 832
1 715
'l93
196
442
508
i P» 1°.R
1 261
<JAC
1 609
5 258
4 774
1 738
191
466
509
oqc
970
746
224
734
1 637
5 229
4 736
1 722
198
429
503
991
756
720
374
253
513
285
210
1,600
5 250
4 755
1 695
192
427
499
71 P»
258
531
315
223
1 633
5 234
4 743
1*690
205
439
494
7 669
4 592
4 352
9«K
rqi
1 642
5 261
4 769
1 701
192
443
495
22 805
7 Qfifi
15 045
1 327
1,623
5 202
4 704
1,683
200
427
503
oq qiy
oao
439
499
5,338
4,841
1,798
1,712
456
515
345
369
' 1, 118
'854
'264
1, 182
930
252
do
do.,.
do
do
do_ _
i
i
i
i
i 761
1 987
5 934
P; 3gi
1 988
22 865 '23 352 '23 299 123 759
7 550
4 455
4 204
' 7 703 ' 7 744
4 560
' 4 279 4 319
241
r 259
251
1 086 ' 1 085 1 115
706
r 720
745
380
365
370
968
738
230
r I 030
r 791
1 048
15 315
1 253
*254
r
1 K RAQ
760
' 749
i 767
1 741
5 400
4 910
1 798
2 goi
I fififi
208
454
2 781 r 9 Q13
1 676 ' 1 1'•"iS
Kf\A
r 1 P5
1 326
' 263
' 519
r 320
' 224
499
295
205
197
432
512
817
231
' 239
1 699
5 qm
4 OAQ
1 774.
1 7 SQ^l
r 4 53g
r
r Pi 40P»
r 4 QO4
' 1 818
20
' 472
r
coc
Estimated inventories, end of year or month:f
Book value (unadjusted), total
mil. $_. 28, 500 '30, 181 '30,854 '30,673 '30, 158 '30, 799 '31,071 '31, 860 '30, 181 '30, 486 '31, 298 '32, 913 '33,384 '33,277
12, 255 ' 12, 996 '13,856 '13,672 '12,767 '12,823 '12,405 '12,816 '12,996 '13,542 '14,037 ' 14, 827 '15 125 '15 240
Durable goods stores 9
do
5, 353 ' 5, 517 ' 6, 280 ' 6, 145 ' 5, 212 ' 5, 220 ' 4, 767 ' 5, 070 ' 5, 517 ' 5, 993 ' 6, 372 ' 6, 904 ' 7, 073 ' 7, 258
Automotive group
do
1,975 ' 2, 111 ' 2, 095 ' 2, 106 ' 2, 098 ' 2, 157 ' 2, 199 '2 238 '2 111 ' 2 110'2 151 r 2 224 r 2 290 r 2 264
Furniture and appliance group
do .
2,316 ' 2, 514 ' 2, 550 ' 2, 513 ' 2, 519 ' 2, 521 ' 2, 510 ' 2, 531 ' 2, 514 ' 2, 553 ' 2, 577 ' 2' 684 '2 667 '2 667
Lumber, building, hardware group... do
Nondurable goods stores 9
Apparel group
_
Food group.
General merchandise group
Department stores*......
' 747
1 854
5 413
4 883
1 888
2 779 r 2 744
2 391
2 693 i 2 609
1 418 1 649 ' 1 646 1 620 i i 539
194
'192
'189
179
'442
456
371
431
r 506
482
448
485
21,773
234
' 1, 045 '1 118 i i 190
'700
749
736
'749
731
1,699 ' 1 818
1 595
5,381 ' 5, 441
5 158
4 886 '4 926
4 684
1 698 1 769 ' 1 847
do
do „
do__
do
240
' 8, 225 ' 8, 432 1 g 127
'4,984 ' 5, 044 * 4 746
' 4, 711
4,768
'273
276
14, 206 15,464 '15,595 '15,358 116,011
1 072 1 411
1 281 r 1 226 1 i igg
257
193
'248
*258
555
'511
448
470
323
241
'296
283
276
'226
190
215
do
Durable goods stores 9
Automotive group
Passenger car, other auto, dealers
Tlre, battery, accessory dealers
23,525 '23,820 '23,790 124 138
•I
f\Ht\
1 1 Pi Sfifi
OA-I
252
519
91 Q
761
1 7*51
K AQ(\
1 81 Q
9 crjfi
I
fifiB
205
4fifi
K-J q
33, 061
15 138
7,228
2 259
2 646
16, 245 '17,185 '16,998 '17,001 '17,391 '17,976 '18,666 '19,044 '17,185 '16,944 '17,261 '18,086 '18,259 '18 037 17 923
3,380 r 3 488 '3 489 '3 470 '3 714 ' 3 890 ' 3 999 r 4 040 ' 3 488 r 3 371 ' 3 517 r q eqi r 3 84.0 r 3 7fiQ
q CQA
q 7^q
3,554 '3 762 ' 3 654 ' 3 607 ' 3 617' 3' 703 r 3 gOO r 3 g!6 ' 3 762 r 3 yig ' 3 714 r 3 7P>Q r Q fiftl r Q 7/13
4,767 ' 5, 262 ' 5, 185 ' 5, 318 ' 5, 434 ' 5, 742 ' 6, 152 ' 6, 338 ' 5, 262 ' 5, 218 ' 5, 416 ' 5, 749 '5 798 '5 724 5 683
2,512 '2 829 ' 2, 691 '2 764 '2 869 r 3 059 r 3 342 r 3 466 r 2 829 r 2 743 r 2 g49 ' 3 050 r 3 088 r 9. 047
9 Q8Pi
Book value (seas, adj.), total
do
29, 383 '31, 130 '30,829 '30, 867 '30,864 '31, 263 '30, 486 '30, 559 '31, 130 '31, 478 '31, 635 '32,260 '32,546 '32, 823 32 987
12, 509 13, 282 '13,473 '13,419 '13,363 '13,738 '12,894 '12,874 '13,282 '13,635 '13,799 '14,220 '14,440 '14,707 14, 692
Durable goods stores 9
...do
5,435 '5,584 ' 5, 930 ' 5, 880 ' 5, 883 ' 6, 214 ' 5, 411 ' 5, 434 ' 5, 584 ' 5, 818 ' 5. 905 ' 6 265 '6 442 r 6 739
Automotive group
do
6 825
2,013 ' 2, 154 ' 2, 106 ' 2, 125 ' 2, 102 ' 2, 127 ' 2, 123 ' 2, 131 ' 2, 154 ' 2, 189 ' 2, 222 ' 2, 240 '2 270 '2 259 2 268
Furniture and appliance group.
do
2,402 ' 2, 605 ' 2, 488 ' 2, 491 ' 2, 509 ' 2, 529 ' 2, 546 ' 2, 570 ' 2. 605 '2.637 ' 2. 632 ' 2. 626 ' 2. 592 ' 2. 589 2.579
Lumber, building, hardware group. -do
'Revised.
i Advance estimate.
9Includes data not shown separately.
(^ComfRevised series. Revised to take account of benchmark data from the 1952,1953, and 1964
prises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
Annual Surveys of Retail Trade; revisions through 1932 appear on pp. 16-19 of the Dec.
JRevised (back to Jan. 1953) to reflect use of new seasonal factors and new adjustments
1963 SURVEY and those for Jan. 1963-May 1964 on p. 28 of the Sept. 1954 SURVEY and p. 3 of
for trading day differences.
Revisions for periods not shown here appear in the July
the Aug. 1965 SURVEY.
1963 Census report, "Monthly Retail Trade Report, Adjusted Sales, Supplement."
*New series; for earlier periods back to Dec. 1956 see p. 32 of the Apr. 1964 and p. 3 of the
Aug. 1965 SURVEY.
SUEVEY OF CUREENT BUSINESS
S-12
Unless otherwise stated, statistics through 1962
and descriptive notes are siiown In t!te 1963
edition of BUSINESS STATISTICS
1863
1964
August 1965
1964
Monthly
average
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories, end of yr.or mo.§— Con.
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil. $
Apparel group
__ _
do
Food group
_ __
do _
General merchandise group
do
Department stores*
do
Firms with 4 or more stores:
Estimated sales (unadjusted), total
do
Firms with 11 or more stores :
Estimated sales (unadj ), total 9 _
do
16, 874 r 17, 848 '17,356 '17,448 '17,501 '17,525 '17,592 '17,685 '17,848 '17,843 '17,836 '18,040 '18,106 '18,116
3,539 ' 3, 672 r 3, 661 ' 3, 668 ' 3, 685 ' 3, 666 ' 3, 652 ' 3, 666 ' 3, 672 '3,656 ' 3, 667 ' 3, 801 ' 3, 810 ' 3, 823
3,568 ' 3, 796 ' 3, 647 r 3, 651 ' 3, 695 ' 3, 718 ' 3, 722 ' 3, 727 ' 3, 796 ' 3, 788 ' 3, 748 ' 3, 740 ' 3, 749 ' 3, 724
5,186 ' 5, 684 ' 5, 369 r 5, 491 ' 5. 448 ' 5, 463 ' 5, 517 ' 5, 597 ' 5, 684 ' 5, 718 ' 5, 737 ' 5, 794 ' 5, 784 ' 5, 782
2,730 ' 3, 039 r 2, 824 ' 2, 906 ' 2, 898 ' 2, 900 ' 2, 944 ' 2, 998 '3,039 ' 3, 034 ' 3, 057 ' 3, 062 ' 3, 079 ' 3, 072
18, 295
3,872
3,732
5,879
3,129
5,813
6,301
6,109
6,157
6,230
6,186
6,766
6,566
9,280
5, 735
5,391
6,099
6,794 ' 6, 694
6,624
4,857
5,266
5,107
5,169
5,202
5,133
5,637
5,451
7,734
4,699
4,368
4,972
5,594
5, 507
5,446
Apparel group 9
-- do
Men's and boys' wear stores
do _
Women's apparel, accessory stores
do
Shoe stores
do
Drug and proprietary stores _ _
do _
Eating and drinking places. ._ __
do
Furniture, homefurnishings stores-- ___.do
316
30
134
88
144
104
42
345
32
146
95
158
120
46
335
32
144
94
152
131
46
292
26
125
82
153
134
44
329
25
143
91
151
138
47
341
28
140
103
154
129
45
361
36
153
90
160
127
53
367
37
161
91
155
120
54
626
67
272
147
252
123
56
263
28
106
74
149
115
36
225
22
93
65
145
111
37
290
25
124
81
162
126
46
406
36
162
124
167
132
44
349
34
147
97
169
140
48
338
33
138
96
171
144
50
General merchandise group 9
do
Dept. stores, excl. mail order sales.. ____do
Variety stores _
_
do _
Grocery stores.do
Lumber yards, bldg. materials dealerscT-do
Tire, battery, accessory dealers.
do
1,585
985
295
1,974
63
91
1,781
1, 113
327
2,075
66
100
1,698
1,075
304
1,981
79
115
1,605
1,003
299
2,158
81
108
1,756
1,089
320
2,021
75
101
1,717
1,079
305
1,999
77
93
1,877
1,182
330
2,293
75
104
2,004
1,247
350
1,981
68
102
3,358
2,089
675
2, 332
56
142
1, 375
887
229
2,125
48
80
1,286
793
246
1,952
46
74
1,580
994
280
2,081
56
89
1,868
1,175
345
2,222
67
108
1,863
1,184
336
2,163
84
115
1,833
1,165
328
2,111
90
118
5,240
5,311
5,366
5,296
5,309
5,382
5,440
5, 367
5,439
5,397
5,470
5,619
5,563
349
32
153
91
156
127
46
351
33
149
96
161
126
46
369
33
156
103
158
130
48
337
33
142
92
165
125
47
341
33
144
90
167
123
46
349
32
149
100
160
122
47
353
32
148
100
163
122
45
355
33
151
94
159
124
49
347
34
145
92
163
127
46
333
30
143
89
169
128
46
346
36
144
93
177
134
46
352
35
146
96
174
137
47
351
33
145
96
175
138
51
1,759
1,087
324
2,066
67
100
1,791
1,124
329
2,084
67
96
1,830
1,154
328
2,083
64
100
1,755
1,093
327
2,105
68
97
1,783
1,113
325
2,113
63
100
1,830
1,147
344
2,110
66
106
1,819
1,145
330
2,174
66
103
1,897
1,223
336
2,045
70
105
1,870
1,180
344
2,133
65
106
1,867
1,164
343
2,117
65
102
1,842
1,163
325
2,164
66
107
1,968
1,238
359
2,176
78
109
1,883
1,171
351
2,190
77
103
15,296
6,647
8,649
7,594
7,702
15,463
6,691
8,772
7,535
7,928
15,519
6,724
8, 795
7,502
8,017
15,689
6,833
8, 856
7, 555
8,134
15,729
6,799
8,930
7,584
8,145
15,813
6,646
9,167
7,611
8,202
16,929
6,885
10, 044
8,025
8,904
16,401
6,627
9,774
7,703
8,698
15, 848
6,474
9,374
7,466
8,382
15, 747
6,430
9,317
7,435
8, 312
16, 048 '16,509
6,732
6,520
9,777
9,528
7,996
7,723
8,325
8,513
16, 717
6,939
9,778
8,052
8,665
i 14, 577 1 15, 798 15, 270
6,542
6,456
6,696
8,121 9,102
8, 728
7,555
7,374
7,555
7,203 8,243 7,715
15, 596
6,511
9,085
7,576
8,020
15, 626
6,501
9,125
7,492
8,134
15,854
6,678
9,176
7,593
8,261
15, 767
6,607
9,160
7,464
8,303
15, 731
6,528
9,203
7,462
8,269
15, 798
6,696
9,102
7,555
8,243
16, 038
6,823
9,215
7,776
8,262
16, 381
6,907
9,474
7,874
8,507
16, 249
6, 784
9,465
7,794
8,455
16, 272 '16,469
6,745
6,734
9,724
9,538
7,782
7,850
8,619
8,490
16, 893
6,830
9,863
8,010
8,683
Estimated sales (seas adj ) tota!9t
do
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores _ _
do
do
do
do
do
do
_. do _
General merchandise group 9
do
Dept stores, excl mail order sales
do
Variety stores
do
Grocery stores
.
__do
Lumber yards, bldg materials dealers cf do
Tire, battery accessory dealers
do
All retail stores, accounts receivable, end of mo.:
Total (unadjusted)
..
mil $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
do
Total (seasonally adjusted)©
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts
_
_.
do
do
do
do
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
115,599 116,929
6,626
6,885
8,973 10, 044
7,826
8,025
7,773 8,904
49
17
49
17
51
18
50
17
48
17
49
17
50
18
50
18
50
18
49
17
48
17
50
18
47
17
48
17
51
18
43
39
18
43
39
18
44
38
18
45
37
18
44
38
18
43
39
18
42
40
18
43
39
18
46
38
16
43
36
21
43
38
19
43
39
18
43
39
18
43
39
18
44
37
19
193. 29
193. 50
193. 68
193. 85
194. 03
194. 20
194. 39
194. 58
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas©
mil__ 2189.42 2192.12
191.89
EMPLOYMENT
Nfoninstitutional population, est. number 14 years
of age and over, total, unadj
miL. 132. 12
192. 12
192. 36
192. 60
192. 85
193. 08
134. 14
134.04
134. 22
134. 40
134. 59
134. 77
134. 95
135. 14
135. 30
135. 47
135. 65
135. 81
135. 98
136. 16
136.25
75, 712
72,975
68, 809
4,946
63,863
76, 971
74, 233
70, 357
4,761
65, 596
79, 389
76, 645
71, 953
5,853
66, 100
78, 958
76, 218
72, 405
5,819
66, 586
78, 509
75, 758
72, 104
5,400
66, 704
76,865
74, 122
70, 805
5,230
65, 575
77, 112
74, 375
71, 123
5,126
65, 997
76, 897
74, 166
70, 793
4,545
66, 248
76, 567
73, 841
70 375
3,785
66, 590
75, 699
72, 992
68, 996
3,739
65, 257
76, 418
73, 714
69, 496
3,803
65, 694
76, 612
73,909
70, 169
3,989
66, 180
77, 307
74, 621
71 070
4,473
66, 597
78, 425
75, 741
72 407
5,128
67, 278
80, 683
78, 003
73, 716
5,622
68, 094
81, 150
78, 457
74, 854
5,626
69,228
4,166
1,088
5.7
thous.. 56, 412
3,876
973
5.2
57, 172
4,692
1,007
6.1
54, 652
3,813
857
5.0
55, 258
3,654
790
4.8
55,891
3,317
764
4.5
57, 721
3,252
780
4.4
57, 661
3,373
759
4.5
58, 055
3,466
802
4.7
58, 568
3,996
845
5.5
59,603
4,218
1,050
5.7
59, 051
3,740
1,019
5.1
59, 039
3,552
1, 050
4.8
58, 504
3,335
804
4.4
57, 556
4,287
762
5.5
55, 477
3,602
587
4.6
55, 102
Civilian labor force, seasonally adj|
do
74, 305 74, 188 74, 255
Employed, total
do
70 345 70, 496 70, 458
Agricultural employment __
do
4,817
4,864
4,826
Nonagricultural employment
do
65, 519 65, 632 65, 641
Unemployed (all civilian workers).
do
3,960
3,692 3,797
Long-term (15 weeks and over)
do
910
962
1,066
Rates (percent of those in group) :
All civilian workers. _
5.3
5.0
5.1
Experienced wage and salary workers .
5.5
5.6
5.3
4.9
4.8
'Revised.
1 End of year.
2 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.
cf Comprises lumber yards, building materials dealers, and paint, plumbing, and electncal stores. fSee note marked "J" on p. S-ll.
e Seasonally adjusted data back to Jan.
1959 are available from Bureau of the Census (Wash., D.C., 20233).
74, 280
70, 465
4,815
65, 650
3,815
924
74, 259
70, 379
4,721
65. 658
3,880
933
74, 409
70, 755
4,671
66,084
3,654
932
74, 706
71, 004
4,541
66, 463
3,702
889
74, 914
71 284
4^513
66, 771
3,630
823
75, 051
71, 304
4,595
66, 709
3,747
905
74, 944
71 440
4,' 550
66, 890
3,504
800
75, 377
71 717
4^843
66, 874
3,660
809
75, 443
71, 937
4, 958
66, 979
3,506
696
75, 676
72, 118
4,659
67, 459
3,558
806
76, 181
72 766
4,' 674
68, 092
3,415
659
Total labor force, incl. armed forces.
Civilian labor force, total
Employed, total
Agricultural employment
Nonagricultural employment
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
5.1
5.2
4.9
5.0
4.5
5.0
4.7
4.8
4.6
4.7
4.9
4.9
5.0
4.7
4.6
4.7
4.2
4.5
4.2
4.5
4.3
4.5
©Revisions for May 1960-Dec. 1963 are available upon request.
tRevised monthly data (back to Jan. 1957) appear in the "Monthly Report on the
Labor Force," Jan. 1965, U.S. Dept. of Labor, Wash., D.C., 20210.
SURVEY OF CUEKENT BUSINESS
August 1965
Onless otherwise stated, statistics through 1962
sad descriptive notes are shown In the 1983
edition ©f BUSINESS STATISTICS
1963
1965
1964
1964
Monthly
average
S-13
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July *
POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjusted!
____
thoiis.. 56,643
58, 188
58, 596
58, 418
58, 680
59, 258
59, 164
59, 441
59,938
58, 271
58,398
5f;,847
59, 545 '60,058 '60,865
17, 005
9,625
7,380
17, 303
9,848
7,455
17, 350
9,903
7, 4.47
17,299
9,855
7,444
17,498
9,836
7,662
17, 792
10, 105
7,687
17, 428
9,806
7,622
17, 638
10, 071
7, 567
17, 601
10, 093
7,508
17, 456
10, 045
7,411
17, 538
10, 101
7,437
If7, 643
10, 162
7,481
17,732 17,826 18,105 18, 082
10, 272 10,339 10,501 10,494
7,460 ' 7, 487 '7 604 7 5gg
635
80
148
289
635
82
144
289
651
85
143
295
646
78
143
297
647
78
143
297
645
80
144
292
644
84
145
288
643
85
145
289
635
84
146
287
619
84
144
282
616
84
143
280
615
84
140
279
2,983
3,914
772
272
3,106
3,976
758
275
3,308
4,005
767
269
3,424
4,031
771
262
3,482
4,043
770
260
3,391
4,045
761
277
3,376
4,C28
755
280
3,273
4,013
747
280
3,053
4,024
748
282
2,837
3,880
728
283
2,756
3,933
726
281
2,865
3,985
730
280
912
201
685
610
949
212
702
612
963
212
705
616
971
215
715
625
977
216
716
625
991
217
712
617
984
217
708
610
980
218
710
608
975
220
710
609
939
220
711
607
936
220
713
607
950
222
718
607
957
224
723
610
11, 803
3,119
8,685
2, 873
8,230
9,199
12, 188
3,220
8,969
2,944
8,533
9,502
12, 180
3,211
8,969
2,964
8,654
9,484
12, 173
3,245
8,928
2,998
8,698
9,149
12, 201
3,266
8,935
2,998
8,676
9,135
12, 243
3,258
8,985
2,972
8,661
9,509
12, 341
3,269
9,072
2,961
8,676
9,710
12, 518
3,272
9 246
2,958
8,608
9,790
13, 166
3,298
9,868
2,957
8,585
9,917
12, 275
3,254
9,021
2,949
8,515
9,740
12, 209
3,252
8,957
2,960
8,564
9,822
12 262
3 260
9 002
2,973
8, 623
9 881
12, 517
3,272
9,245
2,985
8,754
9,910
1 56, 643 i 58, 188
17, 005 17, 303
9,625 9,848
258
274
596
587
402
389
616
602
1,226
1,172
58, 104
17, 285
9,826
260
593
402
616
1,222
58, 256
17, 344
9,890
255
599
405
618
1,246
58, 301
17, 339
9,886
250
595
403
617
1,242
58, 458
17, 449
9,986
248
593
405
620
1,258
58, 382
17, 171
9,702
247
591
407
616
1,253
58,878
17, 505
9,992
245
595
409
618
1,269
59, 206
17, 622
10, 088
242
598
413
620
1,271
59, 334
17, 705
10, 150
243
597
415
623
1,277
59, 678
17, 772
10, 210
242
604
418
623
1,278
59,992
17,849
10,259
242
608
422
628
1,278.
59, 913 '60,110 '60,362 60, 528
17,896 17,915 18,040 18, 133
10, 311 '10,320 '10, 423 10, 533
241
245
248
250
599
' 595 ' 596
602
423
'423
'424
428
624
'621
'621
626
1,280
1,272 '1,303
1,330
1 23^
1,265 ' 1 266' 1 276 1 291
1 691 1 699 r 1 71 A 1 707
1,640
1,651 ' 1, 664
1,676
Manufacturing establishments
-do
Durable goods industries
•__
-_do
Nondurable goods industries _ _ _ _ _ __do
Mining total 9
Metal mining
Coal mining
Crude petroleum and natural gas__
do
do
do
do
Contract construction
_ _ __do ._
Transportation and public utilities?
do
Railroad transportation
do —
Local and interurban passenger transit—do
Motor freight trans, and storage
—do
Air transportation
do
Telephone communication _ _ - „ _ —
_do
Electric, gas, and sanitary services... __ do
Wholesale and retail trade
Wholesale trade
«
Retail trade
Finance, insurance, and real estate
Services and miscellaneous
_
Government
do
——do
do _
___do
do
do
Total, seasonally adjusted!
Manufacturing establishments.
Durable goods industries..
Ordnance and accessories ... _
IL/umber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
do
do
—do
do
do
do
do
do
623
85
141
278
1,153
1, 531
1,557
1, 197
1,612
1,549
1,192
1,608
1,537
1,196
1,620
1,550
1,208
1,625
1,548
1,223
1,643
1,558
1,179
1 644
1,560
1 213
1 643
1,572
1,232
1,665
1,588
1,242
1,672
1,597
1,260
1 674
1,610
Transportation equipment
do
Instruments and related products.. _. do— —
Miseellaneous manufacturing ind. ...do
1,609
365
387
1,623
369
400
1,628
369
399
1,632
371
398
1,632
369
399
1,667
369
402
1 429
368
408
1 646
371
411
1,671
374
414
1.696
374
414
1 706 1 7qq
378
378
417
420
1 748
379
421
Nondurable goods industries. _ _ _ _ _
do
Food and kindred products .
_ do—
Tobacco manufactures....
__do
Textile mill products...
do
Apparel and related products . _ do
Paper and allied products
.__
-do
Printing, publishing, and allied ind._do
Chemicals and allied products
do
Petroleum refining and related ind___do
Rubber and misc. plastic products. __do
Leather and leather products
do
7,380
1,744
88
889
1,284
620
931
865
190
418
351
7,455
1,730
88
897
1,310
630
952
877
187
430
354
7,459
1,720
89
895
1,323
631
953
880
187
427
354
7,454
1,719
89
894
1,309
632
955
879
187
433
357
7,453
1,726
83
895
1,311
631
954
879
185
435
354
7,463
1,716
82
899
1,317
632
956
881
185
439
356
7,469
1 717
90
899
1 319
634
955
878
187
433
357
7,513
1 737
92
904
1 329
635
956
882
185
436
357
7,534
1,743
88
909
1,333
634
962
885
185
438
357
7,555
1,741
86
914
1,344
635
964
887
184
442
358
7, 562
1 734
'84
917
1 340
637
967
890
184
450
359
7,585
1 712
85
924
1 357
641
973
893
183
458
3^9
1, 626
7,590
1 7^
85
921
639
971
894
184
453
'643
88
139
288
642
3,020 '3 245 '3 419 3 481
4,004 ' 4, 041 ' 4, 108 4,112
736
•••741
749
280
'280
272
Fabricated metal products
.__ _ _do
Machinery
do
Electrical equipment and supplies.... do
1 R87
632
85
139
282
60, 673
977
226
'727
'611
1.016
229
735
624
12
528 '12 655
r
3, 286 r 3 330
' 9 242 ' 9 325
' 3, 002 ' 3, 032
' 8, 859 ' 8, 966
'9 925 ' 9 937
. "
12 655
3 370
9 285
3,070
9,022
9 609
1 752 ' 1 769 1 789
378
'385
390
'418
'421
421
7, 595 '
'
85
922
'
641
'973
'895
'181 .
456
, -i 7OA
7, 617 7,600
1 706 1 704.
85
86
'924
925
1 382 1 q/o
642
647
'978
984
'899
903
'184
184
458
462
qc7
359
aoi
635
Mining
___ „
.
__do
637
633
A9Q
639
634
635
634
639
638
639
635
633
629
Contract construction
do
3 244
3 235 3 281 3,304
3 103 3 080 3 106 3 162
2 983 3,106
3 106 3 107
3 1 Qfi ' 3, 207 r Q 91 H
Transportation and public utilities...
do— _ 3,914 3,976
3,939
4,020
3,985 3,983 3,999 4,005 3, 996 3, 997
3,997
4.044 '4,057 ' 4, 067 4,063
4, 042
Wholesale and retail trade.---do __ 11 803 12, 188 12 187 12 223 12 231 12 229 12 278 12 311 12 362 12 447 12 532 12,
622 19 f\A3 ' 12, 636 r 1 9 fifiQ
Finance, insurance, and real estate
do.___ 2,873 2,944
2,973 2,987
2,960
2,943 2,948 2,951
2,975
2,964 2,970
2,997 ' 3, 005 ' 3, Oil 3,019
2,997
Services and miscellaneous.
do
8,689
8,509 8,561 8,573 8,592 8,633 8,634
8,654
8,230 8,533
8,730
8,754 8,763 - 8, 797 ' 8, 816 8,880
Government
do
9 509 9 596
9 707
9 199 9 502
9 470 9 451 9 471
9 692
9 74.9
9 660
' 9, 864 ' 9, 924 9,932
9,791
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted!
„
thous— 12, 558 12,808 12, 847 12, 768 12, 966 13, 280 12, 915 13, 125 13, 082 12, 941 13, Oil 13, 108 13, 1.76 13,254 13,489 13, 436
Soasonally adjusted
do
12 794 12 839 12 847 12 956 12 661 19 QQ3 13 099 13 168 1 Q 997 13 298 13,318 13 321 ' 13, 429 13, 514
7,788
Durable goods Industries, unadjusted.., do.— 7,030 7,238
7,523
7,619 ' 7, 674 ' 7, 812
7 292
7 227
7 211 7 490
7 471 7,421
7 190
7 454
7 467
Seasonally adjusted
do
7 615 7 649 '7 644 ' 7, 733 7,838
7 ^fi
7 ^70
7 219
7 518
7 271 7 279
7 467
7 377
7 089
102
105
Ordnance and accessories
do
107
116
100
99
100
101
102
106
104
104
103
101
103
103
563
'559
533
Lumber and wood products
— _do____
525
511
518
'533
502
521
556
560
561
555
543
534
507
352
'352
334
Furniture and fixtures
do
323
349
346
'346
341
334
341
344
333
344
347
342
346
521
'517
496
Stone, clay, and glass products
_do____
484
498
'506
484
473
513
489
514
519
519
511
506
474
1,079
998
Primary metal industries
___do_i__947
1.061 ' 1, 061 ' 1, 080
1,035
1,053
1,032
1,005
1,009
1,027
1,003
1,013
1,026
1,045
Aflfi
_ /« oq
AT*
502
424
456
Blast furnaces steel and rolling mills do
d.7f\
494
490
478
487
462
477
470
476
993
'999
920
Fabricated metal products
_ _ _ _ _ _ do
884
972
982
927
950
941
909
931
954
961
918
946
958
1,212
Machinery
__
do
1,121
1,059
1 130 1 120 1 118 1 142 1 132 1 130 1 159 1 164 1 173 1 191 1,197 '1 199 ' 1, 213
1,134
1,040
Electrical equipment and supplies. __do-__. 1,037
1,108 ' 1, 115 ' 1, 136
1,088
1,100
1,022
1,092
1, 022
l[ 037
1,068
1,075
1,092
1,086
1,250
1, 133
Transportation equipment 9 I
do
1,113
1 143 1 117 1 027 1 186
964
1 192 1 215 1 223 1 222 1 237 1,248 '1 261 1,268
EOQ
'702
593
4.QK
fid.9
497
Motor vehicles and equipment
do
577
686
672
694
683
606
666
352
'341
338
Aircraft and parts..
do____
348
339
336
'343
334
336
328
328
336
336
334
330
335
247
234
'246
Instruments and related products
do__ .
232
-240
'238
237
233
235
240
232
237
238
234
238
238
332
320
'339
311
329
Miscellaneous mfg. industries. _
do—
332
306
322
323
314
331
325
345
351
347
315
Nondurable goods industries, unadj
do..— 5, 528 5,570
5,520
5, 585
5,541
5, 555
5,611
5,755 5,790 5,725 5,671
5,557 ' 5, 580 ' 5, 677 5,648
5, 544r
5,676
Seasonally adjusted
do
5 650
5 575
5 632
5 568 5 568
5 579
5 683
5 669 '5 677 ' 5, 696
5 572
5 65"
5 617
1,153
1, 144
Food and kindred products. __
—do
1,161
1,081
1,131
1,126
1,171
1,262
1,272
1, 059
1,052 ' 1, 072 ' 1, 112
1,224
1,057
1,168
62
62
Tobacco m anufactures
do
76
76
62
74
82
80
65
65
63
65
91
70
95
85
820
802
Textile mill products
_do____
'831
796
822
805
807
793
809
818
808
811
822
811
811
813
1,167
1,164
Apparel and related products.
do
1, 139
1,192 '1,217
1,170
1, 194
1,196
1,215
1,161 1,133
1,181
1, 191
1,189
1,200
1,195
505
Paper and allied products
<%
493
'505
488
4.QQ
' 4Q6
490
492
499
498
501
496
499
494
496
490
620
Printing, publishing, and allied ind^ do
'618
591
'615
607
603
603
602
599
610
615
614
615
610
612
611
543
Chemicals and allied products
..do
544
525
'545
529
529
533
530
532
532
528
540
546
532
525
527
116
Petroleum refining and related ind___do
'116
120
'112
110
116
111
119
118
112
118
112
118
110
113
116
91
Petroleum refining
do
'90
96
88
'88
92
92
93
92
89
89
91
89
91
89
88
351
Rubber and misc. plastic products. __ do.. II
'355
322
342
352
332
329
342
351
326
337
345
342
350
347
343
312
Leather and leather products...... _ do
'316
309
'312
313
311
313
313
320
315
317
308
318
313
317
317
• Revised.
.„
.- -.- * Preliminary.
1 Total and components are based on unadjusted data.
seasonally adjusted data, all series beginning Jan. 1953 with only minor revisions prior to that
^Beginning with the Dec. 1964 SURVEY, data for employment, hours, earnings, and labor
time. Revisions not shown are available in BLS Bulletin 1312-2, Employment and Earnturnover reflect adjustments to Mar. 1963 benchmarks. The revision affects data back to
ings Statistics for the United States, 1909-64, $3.50, GPO, Wash., B.C., 20402.
Apr. 1962 for most series, back to Apr. 1957 for total and Government employment, and, for
9 Includes data for industries not shown separately.
r
SUEVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
August 1965
1965
1964
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July '
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT-Continued
Miscellaneous employment data:
Federal civilian employees (executive branch) :
United States
.thous—
Wash., D.C., metropolitan area
do
2,328
239
2,317
244
2,314
246
2,325
249
2,326
247
2,290
243
2,299
244
2,322
245
12,452
1247
2, 293
245
2,289
245
2,295
246
2,306
246
2,308
246
2,342
255
Railroad employees (class I railroads) : ©
714
Total
- .
do
Index seasonally adjusted
1957-59= 100.. 277.4
683
275.8
693
75.4
696
75.9
695
76.3
684
76.3
678
76.4
671
77.0
669
77.0
637
71.3
p641
*71.7
P645
*72.5
p 650
*656
?73.1 .p 73. 1
P663
*73.1
124.6
117.9
90.9
134.7
124.7
93.5
146. 5
125.8
96.8
153.3
124.1
94.8
158.8
126.4
96.7
147.8
130.9
95.6
155.6
125.4
98.6
142.6
129.4
97.9
133.3
132.1
96.0
120.2
129.3
93.1
115.6
130. 2
91.5
123.5
132.5
91.9
129.8
131.7
93.9
40.5
40.7
2.8
41.1
3.1
41.4
40.7
40.6
3.0
41.3
41.3
3.1
40.9
40.8
3.3
41.5
41.5
3.5
40.7
40.5
3.5
41.5
41.4
3.7
40.7
40.5
3.3
41.3
41.2
3.4
40.9
40.9
3.3
41.6
41.6
3.5
41.4
41.2
3.6
42.3
42.0
4.0
40.9
41.4
3.3
41.7
42.2
3.6
40.9
41.3
3.3
41.7
42.0
3.7
41.2
41.4
3.5
42.1
42.3
3.8
40.7
40.9
3.1
41.6
41.7
3.4
41.2
41.1
3.5
42.1
41.9
3.9
41.3
41.0
3.6
42.2
41.9
'4.0
41.1
41.0
3.5
41.8
41.8
3.8
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers)!. 1957-59= 100..
Manufacturing (production workers)!
do
Mining (production workers)!
do
' 149.0 156.5
134.7 ' 137. 7
'98.6
100.2
136.7
HOURS AND EARNINGS !
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.! __ _ _ hours
Seasonally adjusted
do
Average overtime
do
Durable goods industries
__ __do
Seasonally adjusted
do
Average overtime
do._
2.9
3.3
40.9
40.6
3.2
41.7
41.4
3.4
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
41.0
40.1
40.9
41.3
41.0
40.0
40.4
40.0
41.1
41.5
41.8
41.1
40.5
40.8
41.1
42.1
42.0
41.1
39.9
40.5
40.8
42.1
41.6
41.1
40.1
40.9
41.9
42.1
41.8
41.2
40.0
40.0
41.3
41.6
42.7
43.0
40.6
40.3
42.0
42.1
41.5
41.1
40.6
39.5
41.8
41.6
41.8
41.1
41.2
39.6
42.5
41.3
42.4
41.5
41.2
39.8
40.9
40.7
42.3
41.7
41.0
39.5
41.4
40.7
42.3
41.3
41.3
40.0
41.4
41.0
42.5
41.6
41.0
40.2
40.7
41.1
44.0
45.7
41.6
"41.1
'41.0
42.3
'42.3
Ml. 3
'41.6
'40.5
'41.5
'42.2
'42.7
41.9
41.9
40.4
41.1
42.1
42.7
Fabricated metal products
Machinery
_
Electrical equipmentand supplies
do
-do
do
41.4
41.8
40.3
41.7
42 .4
40.6
41.9
42.8
40.5
41.6
42.3
40.3
42.0
42.2
40.6
41.8
41.9
40.6
41.6
41.8
40.9
42.0
42.5
41.0
42.5
43.3
41.6
41.7
42.9
40.9
41.9
43.0
41.0
42.3
43.4
41.1
41.4
42.4
40.2
42.3
43.3
41.0
42.4
43.3
'41.1
41.7
42.8
40.5
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. industries
do
do
do
do
-do
42.1
42.8
41.5
40.8
39.6
42.0
43.0
41.1
40.8
39.6
42.6
43.9
41.2
41.1
39.7
41.6
42.4
41.0
40.8
39.3
41.6
42.5
40.9
41.1
40.0
42.3
43.9
40.9
41.1
39.3
40.9
41.1
41.1
41.1
40.1
42.3
43.1
41.3
41.4
40.0
44.0
46.3
41.5
41.6
40.3
43.1
45.1
41.3
41.1
39.5
42.7
44.4
41.0
41.2
39.8
43.2
45.1
41.3
41.3
40.0
42.2
43.6
40.7
40.3
39.2
'43.1
44.6
'41.5
Ml. 6
'39.7
43.0
'44.4
'41.6
'41.6
'39.8
42.9
Nondurable goods industries, unadj
Season ally ad jus ted .
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
39.7
2.7
40.9
38.6
40.6
36.1
42.7
2.9
40.9
38.8
41.0
35.9
42.8
39.9
39.6
2.9
41.1
39.7
41.3
36.2
43.0
39.8
39.5
2.9
41.2
38.9
40.8
36.3
43.0
40.1
39.7
3.1
41.2
38.9
41.3
36.7
43.3
39.6
39.4
3.2
41.4
39.3
39.9
35.0
43.1
40.0
39.9
3.1
41.3
40.8
41.6
36.1
43.2
39.9
40.0
3.0
41.1
38.3
41.9
36.3
42.4
40.2
40.0
3.1
41.4
40.6
42.1
36.2
43.2
39.7
40,. 1
2.8
40.8
37., 5
41., 5
36.0
42.6
39.8
40.2
2.9
40.3
37.2
41.7
36.6
42.6
40.0
40.2
3.0
40.4
37.2
41.8
37.1
42,9
39.4
39.8
2.7
40.1
35.6
41.0
35.6
42.1
40.0
40.0
'3.1
40.9
'37.2
41.6
'36.5
42.9
40.1
39.8
3.1
41.0
'37.8
41.9
36.6
'43.3
40.1
39.8
3.1
41.5
37.3
41.3
36.6
43.2
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
_
do
do
do
do
do
do
38.3
41.5
41.7
41.4
40.8
37.5
38.5
41.6
41.8
41.4
41.3
37.9
38.4
41.7
42.1
41.2
41.6
38.5
38.3
41.5
42.3
41.4
40.8
38.6
38.7
41.3
42.1
41.3
41.9
38.5
38.7
42.1
43.1
42.5
41.8
37.2
38.7
41.5
41.7
40.9
41.6
37.5
38.4
41.7
41.7
41.5
41.3
37.7
39.0
41.8
41.7
41.6
42.1
39.0
38.2
41.5
41.3
41.3
41.9
38.3
38.3
41.6
40.8
40.7
41.9
38.4
38.6
41.8
41.5
41.1
42.0
38.2
38.3
42.4
42.4
42.5
40.8
37.0
38.5
42.2
'42.4
'41.9
'41.6
37.9
'38.5
'42.0
'42.7
'41.9
'42.0
'38.2
38.3
41.9
42.7
41.9
41.6
38.7
do
do
do
do
41.5
41.2
«38.8
42.1
41.7
41.6
«39.0
42.0
42.2
41.6
40.2
41.9
41.7
40.9
42.4
42.1
41.2
39.7
41.6
41.3
41.8
37.5
41.6
42.4
41.6
40.4
42.2
42.0
41.5
40.1
41.9
41.9
42.6
40.6
41.8
41.4
41.7
39.6
42.1
41.0
41.4
39.5
41.2
41.4
41.6
39.3
41.8
41.5
41.6
39.1
41.6
42.5
'42.2
'40.0
'42.3
42.5
42.1
40.8
41.7
do
do
do
do
37.3
36.0
41.3
36.5
37.2
35.9
41.0
36.5
38.2
36.6
42.4
37.3
38.1
36.4
42.7
37.1
38.6
36.9
43.2
37.6
36.6
35.3
39.9
35.9
38.4
36.9
42.8
37.5
36.9
35.6
40.6
36.2
36.8
35.8
38.8
36.8
36.3
35.5
39.1
35.9
35.6
34.9
36.9
35.7
36.6
35.7
39.0
36.4
36.7
35.6
39.6
36.3
38.3
'37.0
41.9
37.7
38.0
36.5
41 6
37.3
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transposition and storage-do
Telephone communication
do
Electric, gas, and sanitary services
do
Wholesale and retail trade§
do
Wholesale trade
do
Retail trade§
do
42.1
41.6
40.0
41.2
38.6
40.6
37.8
42.0
41.7
40.1
41.2
38.4
40.7
37.4
43.0
42.1
40.0
41.0
38.7
40.8
37.7
42.7
42.3
40.2
41.5
39.1
40.9
38.3
42.2
42.3
40.2
41.0
39.0
40.8
38.2
41.8
42.2
41.8
41.2
38.3
40.6
37.3
42.0
42.3
40.8
41.6
38.2
40.7
37.2
41.9
41.6
41.3
41.2
38.0
40.9
36.9
41.6
42.2
40.4
41.4
38.6
41.1
37.6
41.3
41.1
39.9
41.3
38.0
40.6
36.9
41.4
41.3
40.1
41.2
38.0
40.5
36.9
41.4
41.6
39.4
41.0
38.0
40.7
36.8
41.6
41.2
39.8
41.3
38.1
40.6
37.1
'42.5
41.8
' 40. 1
'41.3
38.1
'40.9
36.9
42.5
42.4
40.4
41.1
38.4
41.0
37.3
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning and dyeing plantscf.do
39.0
39.0
38.6
38.7
38.4
39.0
39.3
38.7
39.4
38.7
38.0
38.5
38.1
39.1
37.6
38.6
37.7
38.9
37.7
38.5
37.8
38.3
37.7
38.5
37.4
39.4
'37.1
39.5
37.0
39.1
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
All manufacturing establishments!
dollars.
99.63
Durable goods industries
do - 108. 50
Ordnance and accessories._
do ... 119. 31
Lumber and wood products
do
81. 80
102. 97
112. 19
121. 60
85.60
103. 48
113. 01
121.91
87.72
102. 97
111.92
119. 70
87.89
103.07
112. 47
121. 10
89.98
104.60
114. 13
121.60
88.00
102. 97
111. 51
123. 83
87.85
104. 70
113. 57
124. 24
84.53
106. 81
117. 17
126.48
83.95
105.93
115. 51
126. 48
82.78
105.93
115. 51
125.87
84.53
107. 12
117. 04
127. 20
86.40
105.82
115. 65
125.46
87. 23
107. 53 108. 21
117. 88 118. 16
128. 13 '128.54
' 90. 83 ' 90. 32
107. 68
117. 04
129. 89
90.50
84.26
105. 83
130. 00
83.43
107. 36
130. 20
83.23
107. 36
128. 96
85.48
107. 78
130.00
85.49
107. 33
136. 21
86.94
108. 62
129. 48
86.53
107.33
130. 83
88.40
106. 14
133. 14
84.66
104. 19
133. 25
86.53
104. 60
133. 67
86.53
106. 19
134. 73
84.66 ' 85. 69 ' 87. 15
107. 27 110. 83 '110.56
140.80 '134.09 '136.21
86.72
110. 72
136. 64
111. 76
121. 69
102. 31
112. 29
123. 26
102. 06
111.07
121. 82
101. 96
112. 98
121. 11
102. 31
112. 86
120. 67
102. 72
110. 24
120. 38
103. 48
112. 98
122. 83
103. 73
116. 03
126. 44
106. 50
113. 42
125. 27
104. 70
114. 39
125. 56
104. 96
115. 48
127. 60
105.63
113.44 '116.75 117. 02
123.81 127. 74 127. 74
103.31 106. 19 '106.45
114. 68
125. 83
104. 90
Transportation equipment
_
do
126. 72 130. 20 132. 06 128. 54 129. 38
Instruments and related products.
"do
101. 59 103. 63 103. 98 103. 63 103. 98
Miscellaneous mfg. industries
do
80.39
81.74
82.80
82.37 82.58
••Revised.
* Preliminary.
« Average for 11 months.
i Includes Post Office employees hired for the Chri stmas sea son; the re were about 138,000
2
such employees in the United States in Dec. 1964.
Based onunac justed d ata.
0 Effective Jan. 1965, data reflect change in defini bion of cl ass I rai" roads (tc) $5 million or
more annual railway operating revenues). The ind ex (back to 1963) has beeri adjuste d for
comparability, whereas the number of employees ha s not.
133. 67
104. 81
81.35
125. 15
105. 22
83.41
Nonmanufacturing establishments:!
Mining 9
Metal mining
Coal mining
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors
Furniture and
fixtures
Stone, clay, and glass products
Primary metal Industries
Fabricated metal products
Machinery
"Electrical equipment and supplies
do
81.80
IldoII.I 102.42
do
124.64
do
do
do
108.05
116. 20
99. 14
42.2
41.3
39.3
132. 82 140. 80 137. 49 135. 79 138.24 134. 20 '137.92 137. 60 136. 85
106. 40 107. 74 106. 45 107. 12 107.38 104. 38 '108.16 '108.99 108. 21
83.20
85.44
84.53
84.77
85.20
83.10 ' 84. 56 ' 84. 77 83.71
!See corre spondin ? note, 1DOttom p . S-13.
9 Inchides dat a for ind ustries n<)t shown
sep arately.
§Exc 3pt eating and drinking pi aces,
cf Beginniiag Jan. ]1964, dat a relate t o nonsu pervisorjr workers3 and are not conaparable
wit h the pr eduction -worker levels for earlier periods
SURVEY OF CUERENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
S-15
1964
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
92.20
99.05
78.32
74,62
63.72
r 94. 00
94.24
101. 02 r 100. 86
'81.47 ' 83. 16
76.54
77.10
r 65. 70 ' 66. 61
95.04
101. 68
82.43
77.64
66.61
115. 37
116. 43
121. 09
139. 63
108. 58
71.97
June
July*
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.t— Con.
All manufacturing establishments!— Continued
Nondurable goods industries
dollarsFood and kindred products
do —
Tobacco manufactures- -- do
Textile mill products
do
Apparel and related products do _
87.91
94.48
74.11
69.43
62.45
90. 91
97.75
76.44
72.98
64.26
91.37
98.23
81.78
73.10
64.07
91.14
98.06
80.13
72.22
64.25
91.83
97.23
75.47
73 10
66 06
91.87
98.53
73.10
71 82
63.00
92.00
97.88
73.85
75 71
64.98
92.17
98.64
74.30
76.68
65.70
93.26
100.19
82 42
77 04
65 16
92.50
99.55
76.88
75.95
65.16
92.73
98.74
77.75
76 73
66.61
93.60
98.98
79.61
76 91
67.52
105.90
110. 69
112. 88
131. 77
100. 78
66.00
109. 57
114. 35
116. 48
133. 76
104. 90
68.98
109. 65
113. 66
116.34
133. 46
105. 25
70.46
110. 51
113. 37
116. 20
134.09
103 22
70. 25
111. 71
114 55
116. 47
133.88
107 26
70.46
112.06
116. 10
120. 41
140. 51
108 26
68.45
111. 89
116. 10
117. 45
133. 86
106 50
69.00
109. 82
114. 82
118. 01
134. 69
105. 73
69.37
112.32
117 39
118. 71
135.53
109 04
71.76
111. 19
114.60
117.86
133. 81
108. 52
71.24
111. 19
115. 67
118. 14
131. 78
108. 52
71.42
111. 97
116. 96
118.29
134.46
108. 78
71.43
109.46 112. 40 ' 114. 31
115. 67 117. 04 '117.43
120.42 '120.27 ••120.54
139. 07 -•137.80 "138.78
104. 45 ' 107. 33 ' 109. 20
69.56 ' 71. 25 ' 71. 43
do
do
do
do
114. 54
118. 66
119. 98
112. 41
118. 01
122. 72
126. 88
113. 40
118 58
122 72
131 86
110. 62
117 18
121 06
121 32
113. 63
119
121
131
112
56
95
01
32
118 53
125 40
124 50
113. 57
122
124
133
116.
11
38
72
05
121 38
124. 50
134 34
115. 64
121 09
12780
135 20
11453
120. 89
124. 68
135 83
116. 20
119 72
123 79
135 88
113. 30
120
124
134
114
47
38
41
95
121. 18 r 124. 95
125. 63 127. 87
134 50 T 138. 40
115. 65 '118.44
124. 53
127. 56
141 98
115. 09
__do _
do
do
.do
127. 19
117. 36
128 03
133. 59
132. 06
122. 06
132. 02
138. 34
133
122
134
139
32
61
83
50
134
122
137
140
49
67
92
61
136
125
140
142
64
46
83
13
131
121
130
137
138
127
142
144
62
67
52
38
131
122
129
138
36
11
92
28
133 22
123 87
126 10
142 42
131. 41
121. 77
125 12
139. 29
131
122
122
139
01
15
14
23
133
124
125
141
59
59
97
96
132 12 ••139.80
123. 18 '128. 76
125 93 138. 69
140 48 147. 41
138 70
126. 66
138 94
146 59
101. 88
117.31
102 40
121. 54
104. 58
122. 18
105. 06
125. 66
106 64
122 93
104 40
123. 82
106
123
104
125
75
09
52
75
105
124
104
125
50
79
52
05
104 92
124 07
109 10
126. 90
105 42
124 36
108 12
128.96
105 59
122. 72
109 86
128. 54
10483
12576
108 68
1291.58
104. 49
121. 25
106 53
129. 27
104 74
123 49
107 07
129. 78
105
125
105
128
16
22
20
33
106 91
123. 60
106 66
130. 10
••109.23
' 126. 65
'107 87
••130.51
109 23
127. 20
108 68
129. 88
77.59
99 47
68 04
79.87
102 56
69 94
80 50
102 82
70 50
81 33
103 07
71 62
81 12
102 82
71 43
80 43
103 12
70 50
80 22
103 38
70 31
79.80
104 70
69 74
79 90
104 81
70 31
80.56
103 94
70 85
80.94
104 09
70 85
•jne 01
70 fifi
80 94
81.15
104 75
71 60
82.30
!06 75
71 96
82.56
106 19
72 74
74 97
96 21
76 67
92 12
75 89
91 92
7fi ftft
91 94
7fi ^n
92 15
76 43
92 15
77 21
92 60
77 58
93 23
77 58
93 04
78 54
94 27
79 08
94 73
7Q 7ft
O4 18
79 24
95 08
78 86
r 95 39
78 81
94 95
47.58
51.87
48.64
55.73
48.00
56 16
48.34
55 73
47 67
55 73
48.26
56 21
49.53
57.48
49.26
56.36
50.14
57 18
49.76
56.60
49.52
56.30
49 76
56 98
48.99
59.10
' 50. 09
60.04
48.84
59.43
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:t
All manufacturing establishments!
dollars..
Excluding overtime d"
_ _-do_ _
Durable goods Industries
do
Excluding overtimed"
do —
2.46
2 37
2 64
2.54
2.53
2 44
2 71
2.61
2.53
2.52
o 40
2.53
2 43
2 70
2.59
2.56
2 46
2 73
2.62
2.58
2 48
2 77
2.64
2.59
2 49
2 77
2.66
2.59
2 49
2 77
2.66
2.66
2.60
2 51
2 78
2.67
2.61
2.60
2.57
2 46
2 75
2.63
2.60
2 A.Q
2.61
2.53
2 44
2 71
2.61
2 80
2.67
2.62
2 51
2 80
2.67
2.62
2 52
2 80
2.68
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 —
2.91
2.04
2.00
2.48
3.04
3.36
3.01
2.14
2.05
2.55
3.11
3.41
3.01
2.15
2.03
2.55
3.10
3 39
3.00
2.17
2.04
2.55
3.10
3.38
3.02
2.20
2.04
2.56
3.11
3 40
3.04
2.20
2.07
2.58
3.19
3.52
3.05
2.18
2.07
2.58
3.12
3.43
3.06
2.14
2.07
2.58
3.13
3.42
3.07
2.12
2.08
2.57
3.14
3.43
3.07
2.08
2.07
2.56
3.15
3.44
3.07
2.14
2.09
2.57
3.16
3.44
3.08
2.16
2.09
2.59
3.17
3 45
3.06
2.17
2.08
2.61
3.20
3.48
3.08
2.21
2.09
2.62
3.17
'3.43
'3.09
'2.23
2.10
'2.62
'3.19
3.46
3.10
2.24
2.11
2.63
3.20
Fabricated "metal products. „
Machinery.
Electrical equipment and supplies
Transportation equipment?
Motor vehicles and equipment
Aircraft and parts
Instruments and related products
Miscellaneous mfg. Industries
do
__do .
do_
__do
do
do
do
do
2.61
2 78
2.46
3.01
3.10
2 95
2.49
2 03
2.68
2.87
2.52
3.10
3.21
3 05
2.54
2.08
2.68
2 88
2 52
3.10
3 21
2.67
2 §8
2.69
2 87
2 52
3.11
3 24
3 06
2.53
2 07
2.70
2.88
2.53
3.16
3.28
3.07
2.55
2.07
2.65
2 88
2 53
3.06
3.12
3 09
2.56
2 08
2.69
2 89
2.53
3.14
3.23
3 09
2.57
2 08
2.73
2 92
2 56
3.20
3.32
3 11
2.59
2 12
2.72
2 92
2.56
3.19
3.31
3 11
2.59
2.14
2.73
2 92
2 56
3.18
3 30
3 10
2.60
2 13
2.73
2.94
2.57
3.20
3.33
3.11
2.60
2.13
2.74
2 92
2 57
3.18
3.31
3 10
2.59
2 12
^2.76
2 95
2 59
3.20
'3.32
3 13
••2,60
2 13
2.76
2 95
'2 59
3.20
3.32
2.75
2.94
2.59
3.19
Nondurable goods industries
Excluding overtime cf
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and related products.- ...._
Paper and allied products _ _ _ . _ _ _ „
do
-do
do
do
do .
do
do
2 22
2.15
2.31
1 92
1 71
1.73
2 48
2 29
2.21
2.39
1 97
1 78
1.79
2 56
2
9 9Q
2 30
2.22
2.37
1 81
1 82
1.80
2 59
2 31
2.23
2.40
1 94
1 83
1.81
2 59
2 32
2.24
2.42
2 03
1 83
1.80
2 60
2 33
2.25
2.44
2 05
1 83
1.81
2 61
2 33
2.25
2.45
9 no
1 84
1.82
2 61
2 34
2.25
2.45
2 14
1 84
1.82
2 61
2 34
2.26
2.47
o 20
1 82
1.79
2 60
r 2 35
1 84
1.80
2 62
2.89
2.72
3.16
3 32
2.47
1.76
2.97
2.80
3.20
3.37
2.54
1.82
2.96
2.79
3.17
2.76
2.88
«3. 12
2.67
3.41
3.26
3.10
3.66
2.83
2.95
« 3. 26
2.70
3.55
3.40
3.22
3.79
2.42
2.82
2.56
2.95
2.49
2.93
2.62
3.05
Paper and allied products
do
Printing, publishing, and allied ind __ do
Chemicals and allied products
do
Petroleum refining and related ind
do
Rubber and misc. plastic products
do
Leather and leather products
do
Nonmanufacturing establishments^
Mining 9
Metal mining
__ __.
Coal mining
Crude petroleum and natural gas
Contract construction
_
General building contractors
Heavy construction
Special trade contractors
__
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage-do
Telephone communication
do
Electric, gas, and sanitary services
do —
Wholesale and retail trade§Wholesale trade
Retail trade!
-.
_ _ _ _ _ _ _ do
-dodo
Finance, insurance, and real estate:
Banking
do
Insurance carriers©- - -- - do Services and miscellaneous:
Hotels, tourist courts, and motels
do —
Laundries, cleaning and dyeing plants Ado —
9 4.4
9 71
o no
2.53
2 08
3.09
3.19
3 05
2.54
2 08
t) 71
03
79
87
14
r
r 2 50
'31°
2.62
'2 13
3 14
2.62
2.13
2 35
2.26
••2.46
1 84
'1.82
r 2 64
2 37
2.28
2.45
2 21
1 88
1.82
2 67
3.04
'2.85
'3.25
3 43
2.58
'1.88
3.05
2.87
3.25
r 3 45
'2.60
1.87
3.04
2.89
3.27
3 45
2.61
1.86
2 94
3. 03
'3 46
2.80
'3.65
3.48
3.31
3.91
2 93
3 03
3 48
2.76
3.65
3.47
3.34
3.93
2 29
2.21
2.38
2 06
1 77
1.77
2 57
1.80
2 CO
2 32
2.23
2. 38
1 86
1 80
1.80
2 60
2.96
2.80
3.17
3 35
2.' 53
1.82
2.96
2.82
3.18
3 36
2.56
1.83
3.00
2.86
3.26
3.45
2.59
1.84
3.00
2.83
3.21
3 38
2.56
1.84
2.99
2.83
3.23
3 41
2.56
1.84
3.01
2.84
3.25
3 41
2.59
1.84
3.00
2.84
3.24
3.40
2.59
1.86
3.02
2.84
3.23
3 39
2.59
1.86
3.03
2.83
3.24
3 41
2.59
1.87
3.02
2.84
3.28
3 46
2.56
1.88
2 81
2 95
3 28
2.64
3.49
3.35
3.18
3.74
2.81
2.96
2.68
3.53
3.37
3.23
3.79
2.84
2.96
3.30
2.70
3.54
3.40
3.26
3.78
2.87
3.00
3.32
2.73
3.58
3.45
3.28
3.82
2.88
2.99
3 31
2.75
3.61
3.46
3.33
3.85
2.89
3.00
3.35
2.76
3.56
3.43
3.20
3.82
2.89
3.00
3.33
2.74
3.62
3.46
3.25
3.87
2.92
2.99
3.43
2.76
3.62
3.43
3.20
3.88
2 92
2 99
3 44
2.75
3 68
3.50
3.31
3.90
2.91
2.99
3.42
2.75
3.65
3.49
3.23
3.90
2 92
3 02
3 44
2.78
3 60
3.46
3.18
3.87
2.48
2.92
2.61
3.02
2.50
2.91
2.60
3.03
2.50
2.95
2.60
3.05
2.51
2.94
2.61
3.08
2.51
2.94
2.65
3.10
2.52
2.95
2.66
3.12
2.52
2.98
2.69
3.13
2.53
2.95
2.67
3.13
2.53
2.99
2.67
3.15
2.54
3.01
2.67
3.13
2.57
3.00
2.68
3.15
'2.57
••3.03
2.69
3.16
2.57
3. 00
2.69
3.16
2.08
2.08
2.08
2.08
Wholesale and retail trade§
do
2.01
2.52
2.52
2.52
2.52
Wholesale trade..—
do
2.45
1.87
1.87
1.87
1.80
1.87
Retail tradef..
do
Services and miscellaneous:
1.23
1.25
1.21
Hotels, tourist courts, and motels
do
1.22
1.26
1.44
1.44
1.44
Laundries, cleaning and dveing plantsAdo
1.33
1.44
' Revised. *> Preliminary. <» Average for 11 months. § Except eating and drinking places.
tSee corresponding note, bottom p. S-13. 9 Includes data for industries not shown separately.
^Effective Jan. 1964, data exclude earnings of nonoffice salesmen and are not comparable
with earlier figures.
2.10
2.54
1.89
2.10
2.54
1.89
2.10
2.56
1.89
2.07
2.55
1.87
2.12
2.56
1.92
2.13
2.57
1.92
2.13
2.58
1.92
2.13
2.58
1.93
2.16
'2.61
1.95
2.15
2 59
1.95
1.27
1.46
1.30
1.47
1.31
1.46
1.33
1.47
1.32
1.47
1.31
1.47
1.32
1.48
1.31
1.50
1.35
1.52
1.32
1.52
Printing, publishing, and allied ind-_..do
Chemicals and allied products.—
do
Petroleum refining and related ind
do
Petroleum refining „«,„ .
do
Rubber and misc. plastic products
do
Leather and leather products
do.-..
Nonmanufacturing establishments:!
Mining? _
_ __ _
_
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
Motor freight transportation and storage
Telephone communication
Electric, gas, and sanitary services
do
do
do
do
9Q
2.21
2.39
1.77
9
f\fi
q qe
2.53
1.83
2.20
2.36
1 77
2.26
2.47
9 1Q
r
9 90
cfDerived by assuming that overtime hours are paid at the rate of time and one-half. AEffective Jan. 1964, data relate to nonsupervisory workers and are not comparable with the
production-worker levels for earlier periods.
SUKVEY OF CUEEENT BUSINESS
S-16
1963 | 1964
Unless otherwise stated, statistics through 1962
@rad descriptive notes are sliown in the 1983
edition of BUSINESS STATISTICS
Monthly
average
August 1965
1965
1964
June
July
Aug.
Sept.
Oct.
Nov.
Jan.
Dec,
Feb.
Mar.
Apr.
May
June
July
3.339
4.851
3.339
4.852
3 342
4 856
1 18
3. 355
4.886
3.414
4.969
3 453
4.992
1 17
*145
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
3. 082
Common labor
$ per hr
4.526
Skilled labor
.
. do
l
Farm without board or rm 1st of mo
do
l 05
2.823
Railroad wages (average, class I)
do
*2 38
Road-building, com. labor (qtrly )
do
LABOR CONDITIONS
109
Help- wanted advertising, seas, adj t__ 1957-59 =100—
Labor turnover in manufacturing estab.: t
3.9
Accession rate total mo rate per 100 employees
Seasonally adjusted
_ do
2.4
New hires
_
_.
do
3.9
Separation rate, total
do
Seasonally adjusted
do
1.4
Quit
do
1.8
Layoff
do
Seasonally adlusted
do
Industrial disputes (strikes and lockouts) :
Beginning in month:
280
Work stoppages
number
78
Workers involved
thous
In effect during month:
Work stoppages
number
Workers involved
thous __
Man-days idle during month
do
1 340
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
__ ._ .
thous
548
Unemployment insurance programs:
2
Insured unemployment, all programs
do
1 939
State programs:
Initial claims
do
1 285
Insured unemployment, weekly avg do
1,808
Percent of covered employment:^
Unadjusted
4.3
Seasonally adjusted©
.__
„
Beneficiaries weekly average
thous
1 541
Benefits paid
mil. $
23L2
Federal employees, insured unemployment
thous
31
Veterans' program (TJCX):
Initial claims .
__ do
29
Insured unemployment, weekly avg._ do
55
Beneficiaries, weekly average
_ _ .do. .
52
Benefits paid. .
_
mil $
76
Railroad program:
Applications
._
_
thous
13
Insured unemployment, weekly avg _ do
47
Benefits paid.
.mil. $
8.3
3.242
4.733
1. 08
2.802
1
2.774
3.282
4. 769
1.13
2.775
3.295
4.787
3.295
4:807
2.811
2.818
3.300
4.812
1.01
2.808
3.305
4.815
3.307
4.823
2.856
2.901
3, 307
4.829
1.19
123
121
124
123
126
127
134
137
137
145
148
143
145
146
4.0
5.1
4.1
3.6
3.5
3.9
1.4
1.3
1.6
4.4
4.0
2.9
4.4
4.2
1.5
2.1
2.0
5.1
4.0
3.4
4.3
3.8
2.1
1.4
1.4
4.8
3.8
3.5
5.1
4. 1
2.7
1.5
1.5
4.0
4.0
2.8
4.2
3.9
1.7
1.8
1.7
3.2
4.1
2.2
3.6
3.6
1.2
1.7
1.5
2.6
4.1
1.6
3.7
3.8
1.0
2.1
1.6
3.8
4.0
2.4
3.7
3.6
1.3
1.6
1.4
3.5
4.1
2.4
3.1
36
1.3
1.2
1.3
4.0
4.3
2.8
3.4
3.8
1.5
1.2
13
38
3.9
2.6
37
41
1.7
1.3
15
'4.1
'4.0
'2.9
'3.6
'3.9
'1.7
1.1
1.4
*>5.5
P4.4
*>4.2
*>3.4
P3.8
'1.7
J>1.0
• »1.3
305
137
376
124
416
126
306
73
336
374
346
214
238
141
146
42
260
107
200
53
350
191
340
128
420
111
450
262
1,908
586
222
1 900
639
195
1 740
556
133
1 200
574
432
2 390
584
549
6 590
469
274
3 730
346
149
1 060
390
188
1,790
340
153
1,450
500
234
1,760
500
175
1 630
580
174
1 770
670
332
2, 520
523
572
549
639
579
418
421
491
'555
2.6
3.9
1.5
1.7
2
3.233
4.728
1, 725
554
2
21 390 21 445
1 358
2
1, 218 21 232
508
2
1, 397
433
2
1 792
2
2, 132 22,065
2
1, 837 2 1, 570
610
573
2
1 259
2
1, 131
1,162
1,605
976
1,297
1 238
1 343
937
1,261
858
1. 125
966
1 138
1 185
1,293
1 618
1 675
1,453
1,996
1,100
1,932
1,009
1,718
956
1,470
763
1 179
870
1,059
3. 8
1 373
210. 2
3.1
3.7
1 142
183.1
31
36
1 108
180 5
29
3.5
1 085
164 5
25
3.4
943
148 4
26
3.4
908
143 2
3.0
3.4
969
147.0
39
36
1 283
211 4
4.6
3.4
1,667
252.1
4.5
3.3
1 689
245.7
4.0
3.2
1,631
273.4
3.4
3.1
1,373
224.9
2 7
2.9
1 060
165 7
2.4
2.9
941
156.3
30
25
26
25
24
25
27
30
34
34
31
27
22
20
28
51
48
7.5
25
42
42
66
32
44
38
6 2
26
43
41
63
25
36
36
59
25
35
31
50
27
40
34
54
32
48
41
69
30
55
52
8.0
25
53
52
7.6
26
49
48
8.0
21
41
41
6.8
17
33
34
53
22
30
30
5.2
3>13
16
27
49
38
31
49
12
29
52
12
32
53
11
33
56
11
37
56
12
40
7.3
16
47
7.8
6
45
74
6
39
8.0
5
33
6.2
5
26
4.3
21
3 175
8*444
2 220
6 2^4
3 222
9 343
2' 431
6 912
3 217
9 14Q
2 438
6 708
3 385
8 361
2*223
6 138
3
8
2
6
276
928
143
785
3 232
9 033
2 239
6 794
3 325
9 077
2 070
7 007
*>38
»6. 5
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances.
_
mil $
Commercial and finance co. paper, total
do
Placed through dealers
do
Placed directly (finance paper)
do
3
2 890 3 3 385
33 6 747 33 8 361
1, 928
2 223
3 4 819 3 6 138
Agricultural loans and discounts outstanding of
agencies supervised "by the Farm Credit Adm. :
Total, end of mo
_
....mil. $ i 6, 403 3 7 104
Farm mortgage loans:
3
Federal land banks
do
3 310 s 33 718
Loans to cooperatives
.
. do
3840958
Other loans and discounts
do— . 3 2, 253 3 2, 428
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted: A
Total (225 SMSA's)_
Ml. $
New York SMS A... _
do
Total 224 SMSA's (except N.Y.)
do
6 other leading SMSA's 1
do
218 other SMSA's
. do
3 149
8 036
1 948
6 088
3 137
8 879
2 006
6 873
3 127
8'879
2*070
6 809
6 940
7 048
3 551
782
2 715
7 081
7 084
7 092
7 057
7,104
7 223
7,356
3 586
787
2 707
3 69Q
809
2 656
3 652
924
2 516
3 680
975
2 402
3 718
3 765
l'020
2 438
3 818
1 037
2,501
4833 7
2 087 0
2,746 7
1 058 9
1 6878
4 5799
1 898 2
2,681.7
1 021 3
1 6604
4 763 5 4 698 2
2 007 6 1 926 7
2,755 9 2, 771. 5
1 049 5 1 060 6
1 7064 1 710 9
4648 0
1 917 7
2,730 3
1 023 7
1 706 6
4816 5
2 013 0
2,803.5
1 065 4
1,738 1
3 516
' 757
2 667
4
4 621 4 4 535 4
4 i 925 3 1 928 0
2 607 4
99? 5
1 665 3 1 614 9
4
2,696 1
4
1 030 8
4
2,428
48709 4 842 5
2 067 6 1 997 4
2,803.3 2, 845. 1
1 065 5 1 077 2
1,737.8 1 767.9
4
2
2
1
1
3,384
3 467
9 533 '7 9 934
2 047
1 976
7 486
7 958
3,355
9 370
1,965
7 405
7,472
7,607
7 729
7,873
3 889
1 007
2 576
3 950
978
2,679
4 Oil
940
2 778
4 058
931
2,884
995 6
Q71 8
923 8
115 4
808 4
5 113 3 4 825 6 5 336 1
2 151 3 1 954 12 308 4
2, 962. 0 2 871 5 3* 027. 7
1 131 7 1 08? 7 1 146 8
1 830 3 1 788 8 l' 880 9
Federal Reserve banks, condition, end of mo, :
Assets, total 9
—„
....mil. $.„ 8 58,028 362,867
57, 742
57, 882
57,964
59, 421
59,643
61,561
62, 867
60, 729
60, 769
60, 573
61, 688
61, 475
62, 632
61,914
Reserve bank credit outstanding, total 9 .do
836,418 339,930
3
Discounts and advances
....do
363
186
U.S. Government securities
do... I 3s 33,593 3337,044
Gold certificate reserves
.
do
15 237 15 075
36, 589
79
34, 794
15 185
36, 797
239
35, 051
15 188
36, 941
185
35, 164
15 192
37, 111
95
35, 350
15 190
37, 900
415
35. 709
15 185
39,302
210
36, 774
15 091
39, 930
186
37, 044
15 075
38, 737
304
36, 741
14 906
39, 422
300
36, 907
14 661
38,972
124
37, 591
14 293
4.0, 071
568
37, 754
14 144
41, 169
545
38, 686
14 023
41, 159
657
39, 100
13 670
41, 166
536
39, 207
13, 591
57 742
57 882
57 964
59 421
59 643
61 561
62 867
60 729
60 769
60 573
61 688
61 475
62 632
61,914
3
do
18 391 3 19 456 18 250 18 445 18 365
. do
3 17,049 3 18, 086 16, 973 17, 327 17, 055
do.—. s 32,877 335,343 32, 835 33, 109 33, 330
Ratio of gold certificate reserves to FR note
liabilities O
percent.. 346.3 342.7
45.6
46.
45.9
' Revised.. _ * Preliminary..
i Quarterly average..
e extended
SE xcludes f ersons u ider
duration provisions (thous.); 1964—June, 58; July, 46; Aug. 38; Sept. 38;
Oct., 32; Nov., 20;
Dec.,
9; 1965—Jan., 4; Feb., 2; Mar., 26; Apr., 52; May, 57; June, 51. 3 End of year
4
Annual total.
§ Wages as of Aug. 1, 1965: Common labor, $3.482; skilhd "labor, $5 002
JRevised 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
covered; and shift of index base to 1957-59=100. Monthly data (1948-62) appear on p 24 of
18 396
17, 121
33, 590
18 884
17, 883
33, 852
19 523
18, 084
34, 640
19 456
18, 086
35, 343
19 091
17, 801
34, 646
19 255
17,903
34, 562
18 502
17, 277
34, 629
19 557
18, 259
34, 662
19 625
18, 006
34, 974
19 278
18, 229
35, 444
19 304
18, 008
35, 796
Liabilities, total 9
Deposits, total 9Member-bank reserve balances
Federal Reserve notes in circulation
do
8 58 028
3
62 867
38.0
40.1
41.3
45.2
44.9
42.7
38.6
42.4
43.6
43.0
40.8
theM ar. . 1964 SSURVEY., t Seec )rresponcling note ., bottom p.. S-13..
cflnsured unemployment as % of average covered employment in a 12-month period.
©Revisions back to 1959 are available.
A Revised series; data prior to 1964 not available. Total SMSA's include some cities and
counties not designated as SMSA's.
flncludes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
9 Includes data not shown separately.
©Revised series.
SURVEY OF CUEEENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
End of year
S-17
1964
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
21,609
21,198
411
243
188
21,619
21 217
402
299
103
21, 227
20 790
437
405
32
21, 248
20 908
340
416
76
Apr.
June
July
r
21 709
r
21r 366
343
528
r —185
91 g63
21 515
348
524
176
62 611 63 807
97 845 103 551
67, 525 69, 650
5 410
5 545
6 384
8 664
12, 046 12 403
72, 996 73 816
64 173
94 573
68, 095
4 900
5 022
10 863
74 762
May
FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of daily figures:
i 21,609
Reserves held, total
_
..mil. $.. 120,746
1
20, 210 i 21,198
Required
.
do
1411
1536
1243
Borrowings from Federal Reserve banks... do — 1327
1168
Free reserves
. . . _.do.._. 1209
Weekly reporting member banks of Fed. Res. System,
condition. Wed. nearest end of yr. or mo.:
Deposits:
67, 844 68, 045
Demand total 9
. do .„ 104,335 102, 574
74,
513 73, 654
Individuals, partnerships, and corp
do
5,338 5,239
State and local Governments _ _
do
4,563
4,556
U S Government
do
13,320 12,539
Domestic commercial banks
do.
Time, total?
_
...do.... 59, 227 66, 881
Indivlduals, partnerships, and corp.:
Savings
do.... 38, 083 40, 698
Other time
—
do—. 13,310 16 407
92, 901 102, 227
Loans (adjusted), t6talcf
do
38, 793 42, 119
Commercial and industrial
do
6,677
6,621
For purchasing or carrying securities.
do
8,595 9, 032
To nonbank financial institutions
-do
17.880 20,008
Other loans
._do__-. 23, 809 29, 156
48, 404 48, 783
Investments, total
do
U.S. Government securities, total
do
29, 018 27,679
23, 127 21, 979
19,386 21, 104
Other securities
do
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas.adjusted:$
267. 2
Total loans amd investments© „ _ _ _ _ _ _
bil. $_ 246 5
167.1
LoansO
_ ...
.
do__._ 149.4
61.4
U S Government securities
. do
62 1
38.7
Other securities
_
do „
35 0
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
......
....... ...percentNew York City.... — — — ........ 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..
Federal intermediate credit bank loans.
do....
Federal land bank loans
,
.....do .
Home mortgage rates (conventional 1st mortgages):*
New home purchase (U S avg )
percent
Existing home purchase (U S avg )
do
Open market rates, New York City:
Bankers* acceptances (prime, 90 days)... do
Commercial paper (prime. 4-6 months) ..do
Finance Co. paper placed directly, 3-6 mo..do....
Stock Exchange call loans, going rate. — do
Yield on U.S. Government securities (taxable):
3-month bills (rate on new issue) — percent..
2
5.01
24.79
25.01
2
5 30
3.60
84.26
3
6 49
8 *» 84.
8 R 08
JPersonal loans
By type of holder:
v^reuii/ uiuuua —,.
Other
Retail outlets total
Department stores
do
...— — ...
ao.,— „
do
do
do
20,665
20265
400
265
135
62, 664 63, 674
98, 717 90, 754
67, 206 66, 397
5,405 4,897
7,286 3,604
11. 784 10,441
63, 112 O3, 921
20,928
20508
420
331
89
21,033
20618
415
309
106
21,159
20763
396
430
34
62 689 63 722
93 372 99 479
66, 168 68,867
5 071 5 224
4 511 6,951
12 028 12, 318
64 440 64, 719
64 999
94 544
68, 627
5 035
3 389
11 699
65, 478
64, 607 68,045
97, 707 102,574
69, 515 73,654
5 333 5 239
4 563
4, 364
12, 548 12,539
65, 670 66, 881
20,566
20149
417
334
83
39, 053
15, 360
96 022
38, 785
6, .903
8 887
18, 936
26, 975
46, 698
26, 621
22, 420
20, 077
39, 168
15,943
94, 568
38, 498
6,384
8, 064
19, 120
27, 125
45, 764
25, 701
22, 104
20, 063
39 477
16 000
96 015
39 091
6,505
8 340
19 320
27 124
46 931
26,392
22 184
20, 539
39, 873
15, 854
97 784
39, 953
6,796
8,558
19, 533
26, 982
48, 094
27, 207
21, 955
20, 887
40 061
16, 464
96 545
39 882
5,863
8 030
19, 719
27, 267
47 818
26, 928
21, 655
20,890
40, 312
16, 237
98 992
40 999
5, 865
8 431
19 909
28, 355
48 005
27, 256
22, 103
20, 749
256.3
160.0
60 0
36.3
254.5
159.7
58 4
36 4
258 7
161 5
60 2
37 0
261.7
163.0
61.2
37.5
261.1
163.2
60.0
37.9
265
165
61
38
24.99
24.75
25.02
25.30
4.99
4.74
5.03
6.29
4.00
4. 70
35.45
3.50
4.74
5.45
3.50
4.74
5 45
3.50
4.74
5 45
3.50
4.75
5.45
3.50
4.74
5.45
4.00
4 76
5 45
x 7«
K 7fi
K QO
K 77
5 77
5 93
g 7K
C QA
5 91
5. 75
3
3
5 78
3 5 93
5 89
4.98
4.72
5.01
5.31
40, 698
16, 407
102 227
42, 119
6,677
9 032
20, 008
29, 156
48 783
27, 679
21, 979
21, 104
41,334
17,961
101,060
42,239
6,368
8,331
20,074
28,517
48,145
26,516
21,506
21,629
267.2
167.}
61.4
38.7
269.6
170.2
59.9
39.5
64 744
96 133
68, 572
5 270
5,266
10, 965
72, 081
41, 744 42, 323 42, 149 42, 538
18, 359 18, 456 19, 051 19, 679
102, 301 104 817 105 229 107 454
43, 343 44, 620 44, 597 *•' 45, 270
6,151 6,449
6,573 ' 6, 803
8,404 8 897 8 703 f 9 289
20, 188 20, 326 20, 555 r 20,848
28, 860 28, 906 29, 975 30, 475
47, 931 47 150 47 440 46 707
25, 963 24, 965 24, 512 24,026
21, 354 21, 159 20, 843 20, 823
21, 968 22, 185 22, 928 22, 681
272.1
171.9
60.2
40.0
275.5
175.8
59.6
40.1
277.3
177.1
59.1
41.1
279.1
179. 3
58.5
41.3
4.97
4.74
5.00
5.27
5.00
4.77
5.03
5.31
43 127 43 441
20 131 20 542
110 926 108 552
46 839 46 262
7,368 5,712
9 849 9 484
21 149 21 370
29, 368 30 245
47 512 44 254
24, 254 23, 667
20 619 20 677
23.258 23 577
282
182
57
42
2
6
6
0
Kft 1
42 6
4.99
4.74
5.01
5.31
4.00
4.74
5 45
4.00
4.78
5.45
4.00
4.84
5.43
4.00
4.82
5 43
4.00
4.88
5.43
4.00
4.93
5.43
K
rjf>
5 79
5 93
c >TC
5 91
5 74
5 89
E 77
Q9
5 79
5 95
5
6
5 88
5 86
TO
281 5
Ig9 g
4.00
4.99
5.43
4.00
_ __
3.75
4.00
3.88
4.50
3.75
3.96
3.81
4.50
3.75
3.88
3.76
4.50
3.75
3.89
3.75
4.50
3.75
4.00
3.91
4.50
3.79
4.02
3.89
4.50
4.00
4.17
3.98
4.50
4.00
4.25
4.05
4.50
4.10
4.27
4.12
4.50
4.15
4.38
4.25
4.50
4.19
4.38
4.25
4.55
4.25
4.38
4.25
4.75
4.25
4.38
4.-25
4.75
4.22
4.38
4.25
4.75
83. 157 3 33. 549
83 72
4.06
3.478
4.03
3.479
3.99
3.506
3.99
3.627
4.03
3.575
4.04
3.624
4.04
3.856
4.07
3.828
4.06
3.929
4.08
3.942
4.12
3.932
4.12
3.895
4.11
3.810
4.09
3.831
4.10
28, 260
390
26, 900
415
27, 051
411
27,272
407
27, 606
403
27, 713
397
27, 893
393
28,260
390
28, 482
385
28, 618
371
28, 955
363
28,883
356
28, 995
350
29, 272
342
29,380
338
76, 810
59 397
24, 521
15, 303
3 502
16 071
71 907
55, 914
23, 702
13, 730
3 395
15, 087
72 456
56, 496
24, 024
13, 813
3 426
15, 233
73 069
57, 055
24, 251
13, 923
3 466
15, 415
73 495
57, 446
24,295
14, 046
3 493
15, 612
73 928
57, 826
24. 423
14, 222
3 509
15, 672
74 371
58, 085
24, 367
14, 431
3 516
15, 771
7fl Rlfi
76 145
59,342
24, 574
15, 204
3,473
16, 091
75 741
59, 363
24, 743
14, 984
3 446
16, 190
76 085
59, 788
25, 063
14,944
3 440
16, 341
77 483
60, 803
25, 615
15, 056
3 439
16, 693
78 687
61, 739
26, 109
15, 229
3,484
16, 917
79 887
62, 790
26, 685
15, 422
3,524
17, 159
50 583
23 389
14 475
6 204
4 797
1,718
6 472
3*. 332
1 044
'363
1,733
16 014
6 299
5 335
964
50 937 51 220 51 341 51 990 52 159 52 352 52 837 53 8287 54 694 55 666
25 602 26 154
23 527 23 663 23 680 OO Q4.Q 24 091 24 246 24 537 25 II
14 553 14 625 14 622 14 762 14 797 14 782 14 831 14 991 15 158 15*372
6 871 7 032
6 429
6 465 6 569 6 739
6 283 6 334 6 378 6 458
K tyro
5 287
5 101 5 139 5 202 5 243
4 845
4 870 4 919
5 078
1,820
1,821
1,779
1,758
1,768
1,729
1 728 1,742
1 749 1,764
7 124
7
045
7
Oil
6
975
6 509
6 606 6 744
6
951
7
183
7 407
3, 745
3,785
3 713 3 673 3*701
3 371 3 444 3 541 3 922
3, 791
1 048 1 062 1 088 1 152 1 128 1 101 1 085 1 077 1 076 1 084
: 417
405
377
384
*395
367
365
367
373
370
1,838
1,819
1 725 1 733 1 748 1 963 1 891 1 820 1 809 1,802
16 049 16 102 16 286 17 413 16 803 16 378 16 297 16 680 16 948 17 097
6 776
6 686
6 354
6 518 6 606
6 333 6 412
6 473 6 412 6 442
5,495 5,572 5,628 5,707
5 436
5 361 5 361 5 377
5*469
5 409
972
fiPS
i 004.
i nna
1 OOfi 1.023 1.034
1.058
1.069
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 SUBVEY.
©Adjusted to
exclude interbank loans.
§ For bond yields, see p. S-20.
*New series (FHLBB); data prior to Dec. 1962 not available.
IData are as of end of
consecutive 4-week periods ending in month indicated, except June figure which is as of June
30 (end of fiscal year).
69, 890
53 745
22 199
13, 766
3 QQQ
14 391
3
51 990
23 943
14 762
6 458
A RQfl
5 078
1,749
1 647
7
407
6 763
3*427 3 922
1 AQft
1 152
'370
328
1 912 1 963
16 145 17 413
5 959
6 473
5 469
5 047
012
1.004
46 992
91 fii n
13 523
5 622
49 543 50 082
22 907 23 176
14 228 14 359
6*014 6 109
4 701 4 748
1,693
1,690
6 371 6 414
3 231 3* 267
1 028 1 037
355
360
1 750
1,757
15 993 15 960
6 233 6 218
5,313 5 329
920
880
Automobile dealers ... _ ._ ... do
Other
do
Non installment credit total
do
Single-payment loans total
do
Commercial banks
._
do
Other financial institutions
do
'Revised.
2
i Average for Dec.
Quarterly average. 3 Monthly average.
cTFor demand deposits, the term "adjusted" denotes 'demand deposits other than domestic commercial interbank and U.S. Government, less cash items in process of collection:
for loans, exclusive of loans to domestic commercial banks and after deduction of valuation
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9 Includes data^not shown separately.
JData have been revised as follows: Commercial bank credit (seas. adj. only), back to 1948; consumer credit—unadj., back to 1962;
781-756 O - 65 - 7
5
4
6
5
64992 63,507 63, 377
96 059 96 238 99, 178
68,515 68,127 67, 642
5,396 5 423 5 570
3,643 4,036 5,988
11,948 12, 327 12, 662
69,234 70, 341 71, 140
21. 505 21, 476
21 146 21 149
327
359
471
505
—112
178
3.77
33.97
33.83
3
4. 50
83.36
33.55
83.40
34.50
Savings deposits, balance to credit of depositors:
N. Y. State savings banks, end of yr .or mo-.mil. $.. 25,693
452
U.S. postal savings f ..._—.—
.
do _.
CONSUMER CREDIT?
(Snort- and Intermediate- term)
Total outstanding, end of year or month
.mil. $_.
Installment credit total
do
Automobile paper....
,___ .._._.. do. „
Other consumer goods paper
.........do....
20, 558
20,168
390
270
120
59, 397
24, 521
15, 303
3 502
16, 071
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
August 1965
July
June
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
5,154
4,977
601
3,743
633
4,802
626
3,942
642
4, 667
660
3,857
637
4,782
4, 864
664
4,809
683
4,793
5,007
6,173
6,480
2,496
6,189
6,780
2,608
May
June
July
FINANCE—Continued
CONSUMER CREDIT*— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit— Continued
Charge accounts total
mil. $ J-5,871 i 6, 300
1895
1909
Department stores
do
1
4, 456 i 4, 756
Other retail outlets
do
1635
1520
Credit cards
do _.
14,315 i 4, 640
Installment credit extended and re paid:
Unadjusted:
Extended total
Automobile paper
Other consumer goods paper
All other
Repaid total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Extended total
Automobile paper
All other
Repaid total
Other consumer soods paper
All other
do
do
do
do
do____
do
-- do __
do
5.068
1,834
1,417
1,817
4,593
1,613
1,320
1,659
5,506
1,964
1,597
1,945
5, 035
1,770
1,469
1,796
do
do
do
do
do
do
5,238
610
4,028
600
4,522
5,240
576
4,008
656
4,502
5,231
588
3,960
683
4,484
5,949
2,245
1,632
2,072
5,155
1, 798
1,501
1,856
5,747
2,166
1,543
2,038
5,165
1,844
1,460
1,861
5,519
1,984
1,540
1,995
4,960
1,757
1,430
1,773
5,399
1,962
1,537
1,900
5,029
1,768
1,486
1,775
5,541
1,996
1,546
1,999
5,058
1,781
1,448
1,829
5, 529
2,017
1,570
1,942
5,094
1,789
1,496
1,809
14,376 4,745
10, 502 10,217
3,874 -5, 472
10, 552
11, 296
—744
5,223
624
3, 928
671
4,472
5,393
5,352
660
4,055
637
5,323
6.767
1,727
1,672
1,924
5,023
2,404
1,836
1,440
1,747
1,915
1,338
1, 754
2,382
5,064
5,455
5,078
4,986
5,748
2,062
5,617
5,507
2,024
1,588
2,005
5,104
1,802
1,491
1,811
4, 280
5,552
1,786
1,469
1,747
5,002
5,724
793
4, 756
4,417
1,999
1, 657
1,896
5,172
1,871
1,481
1,820
1,830
1,592
1,971
6,300
909
5,394
703
4,065
626
4,480
1,783
1,463
1,818
5,456
635
4,640
1,992
2,371
1,838
1,532
2, 085
5,816
2,043
1,788
1,456
1,853
1,858
1,631
1,967
5,155
1,818
1,509
1,828
4,344
9,716
10, 256
10, 882
1,924
1, 582
2,001
5,097
1,719
2,054
5,256
1, 864
1,505
1,887
651
1,619
2,172
5,210
1,614
2,370
5,465
1,783
1,539
1,756
1,746
1,558
1,682
1,659
2,027
1,944
1,502
2,019
5,883
6,022
2,228
6,030
2,229
6,189
2,120
1,729
2, 034
5, 213
1,830
1,526
1,857
1,760
2,034
5,381
1,897
1,632
1,852
1,698
2,103
2,272
1,645
2,272
5,393 " 5, 445
1,924
1,567
1,902
5,453
647
4,142
2,384
1,682
2,123
5,253
1,890
1,509
1,854
1,804
2,368
5,729
2,032
1,611
2,086
6,105
2,215
1,728
2,162
6,139
2, 250
1,717
2,172
5,435
5,537
1,936
1,487
1,940
1,564
1,931
10, 492
10, 476
11,857
2,022
5,528
627
4,218
1,960
1,587
1,990
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public:cf
Receipts from
- mil. $ _
Payments to
do
Excess of receipts, or payments (— )
do
Seasonally adjusted quarterly totals: §
Receipts.
do
9,381
9, 763
—382
Excess of receipts, or payments (—)..... .do
Budget receipts and expenditures:
9,523
Receipts total
do
7,293
Receipts netlf
do
105
Customs
do
4,525
Individual income taxes
do
1, 897
Corporation income taxes
do
1,346
Employment tsxes
do
1,650
Other internal revenue and receipts
do
7,849
Expenditures total?
do
852
Interest on public debt
do
439
Veteran^' benefits and services
do
4,414
National defense
do
2,189
All other expenditures
do
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total
bil. $. . 1309.35
1305.21
Interest bearing, total
do
1261.56
Public issues
__
_
do
114.14
i 43. 66
Special issues
do
i 4. 13
Noninterest bearing
__
do
Guaranteed obligations not owned by U.S. Treas1.74
ury, end of month
bil $
U.S. savings bonds;
i
49.
03
Amount outstanding, end of month
do
.40
Sales, series E and H.
do
.42
Redemptions
do
9,586
10, 028
-442
'28,655
29, 869
'•-1,214
11,739
9,400
2,339
28,221
5,131
3,487
120
1,549
646
624
2,192
7,410
957
442
3,542
2,946
9,662
6,653
112
4,967
419
2,338
2,991
2,842
i 317.94
311. 71
311. 18
314. 09
i 313.55
i 1267.48
1436
i 46. 08
14.39
307. 36
260. 73
14.34
46.63
4.36
306. 86
261. 12
14.02
45.74
4.33
309. 62
262. 18
14.20
4.46
11, 766
10, 072
122
4,924
3,950
6, 387
9,109
-2,722
11, 227
13, 065
1,621
3, 499
9,606
4,275
3,398
126
1,423
572
479
1,148
1,621
1,676
8,083
913
479
3,784
8,450
927
489
8,329
923
467
4,233
8,972
7,037
124
5,068
449
1,491
1,840
7,051
10, 025
8,856
125
3,398
3,953
779
1,769
9,566
16
10, 567
1,290
r 29, 883
30, 086
-1,114
1,826
47.44
—626
28, 708
29, 822
30, 188
14, 531
12, 401
117
4,873
6,196
1,460
1,884
9,527
941
496
5,713
2,424
i 49. 89
.38
.44
9,398
318
-1,967
9, 769
7,391
113
4,361
2,087
1,426
1,782
8, 079
920
457
4,355
2,422
1.81
10, 317
-5,973
32, 737
32, 255
482
••-203
6,329
5,642
76
3,688
607
399
1,560
14,517
11, 329
7,518
11, 188
6,174
4, 135
106
155
473
6,759
2,810
1,765
7,146
2,009
1,459
15, 306
11, 535
3,771
8,549
139
6,943
11,582
7,268
128
6,067
520
p 15,495
* 13,377
11, 423
'145
* 5, 314
TO 6, 596
1,187
2,861 p 1, 407
1,311
2,007 p2,033
1,843
8,116 *9,081
8,268
955
*997
948
450
*476
452
'
4,
317
* 4, 934
4,351
2,526 '2,486 *>2,718
2,716
1,780
8,770
955
495
4,473
2,866
315. 61
315. 64
318.49
317.94
317.98
319. 88
317. 70
316. 56
319.22
317. 27
316. 58
311. 12
263. 76
14.30
311. 22
264. 96
14.10
314. 02
267. 36
14.33
313. 55
267. 48
14.36
313. 68
269. 44
14. 68
313.33
314. 17
267. 67
14.85
312. 21
267. 81
14.63
266.33
4.42
4.46
4.39
4.31
4.36
4.35
5.05
313. 11
264.46
14.59
48. 65
4.16
312. 20
264. 41
4.49
315. 54
269. 98
14.67
45. 57
4.34
4,198
47.37
46.26
917
366
3,997
46.66
46.08
8,139
7,676
966
450
3,987
2,349
933
478
3,835
1,940
961
459
4,497
2,224
44.24
45.66
44.40
14.70
47.83
47.79
4.38
.81
.82
.85
.89
.82
.83
.81
.66
.69
.72
.66
.61
.59
.47
49.44
.38
.45
49.50
.39
.47
49.57
.36
.41
49.63
.36
.43
49.70
.37
.41
49.81
.35
.36
49.89
.37
.43
49.94
.43
.53
50.01
.39
.45
50.06
.41
.49
50.08
.39
.49
50.11
50.15
.36
.46
5t).23
.39
.46
147. 17
147. 98
148. 75
149. 32
150. 39
151. 03
151. 66
152 27
152. 92
67.82
68.04
68.17
5.70
3.84
16.33
3.38
67.97
68. 54
5.72
3 82
16.27
3.35
68 73
5.76
3 80
16 26
3.34
33 42
68.74
68 85
5 52
3 77
16 25
69.12
5.49
3.75
16.21
3.32
.36
.43
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies §
bil $ 1141.12 1149.47 144. 96 145. 82 146. 48
Bonds (book value) , domestic and foreign ,
67.74
total
bil $ i 66. 08 i 67. 96 67.12 67.69
i 5. 81 15.59
5.63
5.76
5.76
U.S. Government
do
13.85 13.77
3.82
3.82
3 81
State county municipal (U S )
do
i 16. 44 1 16. 32 16.47
16.49
16.51
Public utility (U S )
do
13.35 13.31
3.39
3.41
3.41
Railroad ( U S )
do
i 31. 21 i 33. 14
31.90
32.18 32.22
Industrial and miscellaneous (U S )
do
Stocks (book value), domestic and foreign, total
17.14 17.94
6.02
6.13
bil $
6.06
12.31 12.51
Preferred (U.S.)
do
2.42
2.53
2 48
15.30
14.72
Common (U.S.)
do
3.49
3.49
3.47
150.54 i 55. 15 52.47
Mortgage loans, total
do
52.83 53.17
146.75 i 50. 85 48.38 48.71 49.01
Nonfarm
„ _
do
14.32 14.53
Real estate
do
4.44
4.45
4.46
16.66 17.14
Policy loans and premium notes.
do
6.99
6.96
6.95
Cash
do
11.47 11.49
1.26
1.35
1 25
14.92 !5.26
Other assets
do
6 64
6 71
6 60
Payments to policyholders and beneficiaries in
U.S., total
_
mil $
835.7 896.5
917.4
857.8
840.7
Death payments.. _
do
350.7 377.8
377.7
370.4
355.9
Matured endowments
do
67.4
74.9
66.5
78.1
69 1
Disability payments
do
13.4
12.9
12.1
14.4
11.9
Annuity payments
do
75.1
80.1
82 8
77 1
79 5
Surrender values
do
149.1
152.8
165 7
150 5
143.4
Policy dividends
do
180.4
197.5
202. 0
173.1 185.7
' Revised.
* Preliminary. i End of year; assets of life insurance companies are annual
statement values.
JSee similar note on p. S-17.
<?Other than borrowing
§Revisions available upon request are as follows: Net cash transactions with the public
(seas, adj.), 1962-63; assets all life insurance cos., 1963-May 1964.
5.77
3.87
16. 35
3.38
5.79
3.85
16.44
3.40
32.31
32.62
32.77
6.20
2.54
3.55
6.24
2.55
3.58
6.31
2.56
3.64
53.56
49.37
53.98
49.76
4.49
7.02
1.28
6 80
4.50
7.06
1.28
6 88
882.3
372.9
898.8
375.3
73.5
13.7
77.1
149.6
195.5
77.5
12.4
78 2
143 8
211.6
54.40
50 15
4.51
7.09
1.39
6 87
5.51
3 81
16.29
3.36
32 93
6.39
2 57
3 71
55 18
50 88
4 52
7 13
1 44
6 68
33.26
6.46
2 58
3 77
55.63
51 31
4 53
7.16
1 32
6 75
803.8 1 179 3 918 5
342.6 432 8
389.2
75.2
12.6
77 1
136 0
160.3
79 2
17.6
81 5
173 0
395.' 2
86 7
13.5
101 9
163 1
164.1
5.56
3.79
16.25
3.34
o QO
33.57
33 69
34.03
6.61
2.61
3.89
6.67
2.64
3 QS
51.92
4.57
7.26
1.24
6 91
6 62
2 63
3 88
56 69
52 21
4 57
7 31
1 20
7 02
842 3 1 059.2
468,3
363 7
91 9
75 6
15.7
12.7
88
5
84 2
183 6
143 4
211.2
162.' 7
922 0
398 6
82 0
12^9
83 5
162 1
182! 9
6.52
2 60
3 82
55 94
51 59
4 54
7 20
1 25
6 84
56.34
57.00
52.48
4.58
7.36
1 19
7 00
878 5
374.3
75 2
12.7
81 2
165 2
169.9
IData for net receipts and total expenditures reflect exclusion of certain Interfund transactions.
SURVEY OF GUERENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-19
July
June
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
10. 067
6,327
3, 090
12, 359
6, 896
4, 936
7, 752
5,477
1,722
7, 986
5,890
1,478
9,929
7,313
1,961
9,092
6,871
1, 595
8,914
6,674
1,549
626
691
9,435
7,003
1, 799
1 196
1, 210
907
189
101
917
189
105
14,290
124
13, 934
99
13, 858
1.293
1 293
1 293
July
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new pald-for Insurance) : t
Value, estimated total
mil. $_.
Ordinary
_ do
Group and wholesale
do
Industrial
do _
Premiums collected :J
Total life insurance premiums
Ordinary
- Group and wholesale
Industrial
MONETARY STATISTICS
do
do
do
do
7,464
5,293
1,574
596
1,134
847
169
117
8,734
6,077
2, 047
609
1,191
890
185
116
9,091
6, 362
2,098
631
1,183
890
191
102
7,839
6,012
1,243
584
1,188
893
188
107
Gold and silver:
Gold:
Monetary stock, U.S. (end of yr. or mo.) .mil. $.. 115, 513 1 15, 388 15, 461 15, 462
-21
-48
43
21
Net release from earmark!
do
4 28,146
Exports
thous. $„_ 16,982 35, 229
Imports
_
do _ 3,701 3,407 2,379 2,082
Production world total
South Africa.
Canada
United States
Silver:
Exports
Imports
Price at New York
Production:
Canada
United States
.
mil $
do _
do
do
thous. $
do
dol. per fine oz
thous. fine oz._
_
Currency In circulation, end of yr. or mo
Adjusted for seas, variation:
Total money supply
Currency outside banks
Demand deposits...
Time deposits adjustedl-
8,114
5,724
1, 793
8,405
6, 309
1,454
615
597
642
1,163
1,126
1 182
650
1,182
868
188
108
840
184
101
895
180
107
890
180
111
15, 460
11
1,799
15,463
3
28, 230
2,362
15,461
31
56, 453
2,221
15, 386
35
28, 187
9,704
0
527
1,441
553
618
1,200
1,153
655
1,299
911
181
108
873
181
99
15, 388
—26
28, 197
9,902
15,185
-173
49, 276
2,170
14,937
-69
95, 766
2,062
14, 563
-247
22, 304
2 128
14, 410
13
88 0
11 3
989
235
218
985
209
105
633
1 222
927
196
99
2 112. 5
80.0
11.6
85.0
11.1
85.4
10.8
86.9
11.3
87.2
11.3
88.2
10.9
89.9
11 5
88.0
11.5
84.2
10.8
87.4
10.8
85.3
9.8
86.8
10. 8
3,480
5,910
1.279
12, 010
5,526
1.293
4,672
5,010
1.293
6,341
6,707
1.293
6,466
5,184
1.293
13, 388
3,400
1.293
33, 949
5,703
1.293
23, 628
6,252
1.293
23, 621
4,956
1 293
5,023
4,716
1.293
8,280
5,278
1 293
4 476
2 760
1 293
2,487
3,286
3,843
2,526
3 476
3,823
2,708
3,579
4,879
2,434
3,672
3,603
2,797
3,268
3,787
2,635
3,784
4,200
2,382
3,440
3,141
2,594
4,017
2,844
2,963
3, 379
4,522
2, 577
2,981
3,445
2,299
r
2 432
4 035
2,358
4 180
4 452
4 599
3,527
*39. 6
37.7
37.8
38.0
38.2
38.4
39.2
39.6
38.5
38.6
38.8
38 8
39.2
39.7
3150.6 3 156. 3
3 31.5 3 33 4
3 119. 0 3 122 9
3 105. 5 3 119. 4
3
3
5.9
5.9
153.6
33.3
120.3
119.2
155.2
33.7
121.5
120.1
155.1
33.8
121.3
121.1
156.9
33.8
123.1
122.0
158.8
34.0
124 8
123.3
160.4
34.5
125 9
124.1
163.6
34.9
128 7
125.0
163.9
34.3
129 6
128.1
159.0
34 2
124 9
i3o!e
158.5
34.3
124 2
132.4
6.7
157.1
34.6
122 5
135.1
5.8
161.1
34 4
126 7
133.7
5 6
9.7
159.0
34 9
124 2
136.3
9 3
4.3
do
bll. $_. '37.7
Money supply and related data (avg. of dally fig.) : J
Unadjusted for seas, variation:
Total money supply
bll. $__
Currency outside banks
do
Demand deposits
do
Time deposits adjusted^
,__do
U.S. Government demand deposits
do__._
7,898
5.686
1,597
7.8
7.0
6.4
6.6
5.6
5.8
5.5
4.2
1 293
2 379
do
do
do
do....
155.6
33.4
122.1
118.5
156.7
33.5
123.3
119.4
157.2
33.7
123.5
120.6
158.0
33.8
124.2
121.7
158.6
33.9
124.7
123.1
159.1
34.2
124.9
125.1
159.4
34.2
125. 2
126.5
159.8
34.5
125.3
128.9
159.1
34.6
124.5
131.1
159.8
34.6
125.2
132.4
160.5
34.7
125.8
133.3
159.2
34.9
124.4
134.3
161.0
35.0
126.1
135.5
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted: f
Total (225 ^M^A's) ratio of debits to deposits
New York SMSA
do-_.
Total 224 SMSA's (except N.Y.)
do_.__
6 other leadinsr SMSA'scf
do
218 other SMSA's
do
45.0
91.2
32.9
40.9
29.3
46 3
95.8
33.3
42.3
29.4
44 7
89.3
33.0
42 4
29 1
44 3
88.5
32.9
41 4
29 2
44 6
89^8
32.8
40 9
29 3
45 1
91. 3
33.2
41 0
29 5
45 5
90.7
33.4
41 7
30 0
4fi 3
94.8
33.8
49 g
30 0
4.7 Q
96.9
35.4
44 8
31 2
AQ A
96.1
34.6
100.0
35.2
44 5
31 9
47 fl
96.0
34.7
44 3
30 6
51 0
107.0
36.3
45 5
32 3
AA 9
on R
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC) :
Net profit after taxes, all Industries
mil. $._ 44,871 4 5, 803
4423
4362
Food and kindred products
do
4
4127
88
Textile mill products
do
Lumber and wood products (except furniture)
478
462
mil. $._
4
4188
158
Paper and allied products
do .
4
4714
607
Chemicals and allied products
do
4958 4 1, 024
Petroleum refining
do __
4170
4148
Stone, clay, and glass products
_do
4190
4141
Primary nonferrous metal
do___
4306
4234
Primary iron and steel
__
do
Fabricated metal products (except ordnance,
4210
*167
machlnerv,and transport, equip.)
mil. $
4
4500
358
Machinery (except electrical)
___do
4378
4325
Elec. machinery, equip., and supplies
do
Transportation equipment (except motor
4136
vehicles, etc.).
mil. $__ 4111
Motor vehicles and equipment
do
4654
All other manufacturing industries
do
4510
Dividends paid (cash), all industries
do.. 4 2, 467 42,702
Electric utilities, profits after taxes (Federal Re4
596
serve)
mil. $_. 4547
Transportation and communications (see pp. S-23
and S-24).
6,121
400
108
5,670
6,299
487
155
6 232
464
159
93
194
765
960
217
200
325
94
180
707
948
227
163
283
1,164
227
553
361
238
526
372
225
506
456
4ftQ
151
66
218
755
56
185
701
1 061
167
221
355
150
142
622
390
757
651
749
2,600
2,395
3,405
« 542
583
600
' R3
oqr
qoQ
244
500
406
143
147
985
«C1
9 fi^R
7-19
SECURITIES ISSUED
Securities and Exchange Commission : £
Estimated gross proceeds, total
mil. $
3,093
3,084
2,635
2,500
4,148
By type of security :
Bonds and notes, total
do
2,521
2,836
2,714
2,275
4 036
Corporate
do
906
1 119
905
677
636
Common stock
do._
223
85
289
166
58
Preferred stock
do
34
82
59
29
54
' Revised.
1 End of year.
2 Estimated; excludes U.S.S.R., other Eastern European
countries, China Mainland, and4 North Korea.
3 Average of daily figures.
Quarterly average.
tRevisions will be shown later as follows: Insurance written for Jan.-Apr 1964 for all series,
1963 (Jan.-Apr., all series; May-Dec., total and ordinary), and 1962 (total and ordinary);
premiums collected, Jan.-July 1963; securities issued, 1961-62 and Jan. and Feb. 1964. 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.
2 548
2 914
4 631
3 339
2 333
3 997
3 003
3,176
3 152
2 392
1 069
2 701
4 579
' 675
3 196
1 662
2 202
3 842
797
fiQ7
2 860
1 215
3,013
1 196
2 704
1 317
94
49
QA
130
82
60
133
23
823
188
25
43
9
47
24
129
35
384
64
§Or increase in earmarked gold (-).
^Time deposits at all commercial banks other than
those due to domestic commercial banks .and the U.S. Govt.
fRevised series; data prior to
1964 not available. Total SMSA's include some cities and counties not designated as
SMSA's.
d" Includes Boston, Philadelphia,
Chicago,
Detroit,
San Francisco-Oakland,
and Los Angeles-Long Beach. a Revisions for 1962—lst-4th qtr. and avg.: 583; 473; 489;
516; 516; for 1963:1st qtr., 628; 2d qtr., 499; 4th qtr., 531.
SURVEY OF CURRENT BUSINESS
S-20
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
Monthly
average
August 1965
July
June
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission t— Continued
Estimated gross proceeds— Continued
By type of issuer:
Corporate, tota!9
-mil. $Manufacturing
do
Extractive (mining)
do
Public utility
do
Railroad
do
Communication
..- do
Financial and real estate
do
1,020
295
18
222
36
91
260
1,163
254
35
230
28
182
321
1,489
374
20
271
22
271
475
902
193
8
227
54
28
316
748
190
16
167
7
31
292
1,226
272
87
338
28
21
355
1,036
270
58
339
16
89
199
727
229
23
47
15
21
213
1,805
637
52
205
29
34
619
858
412
11
120
26
22
189
791
212
7
230
39
45
220
1,358
555
14
289
47
30
248
1,360
609
79
207
21
13
319
1,764
725
25
274
24
145
379
1,615
601
842
1,930
888
879
1,595
383
900
1,598
387
922
3,400
2,449
767
1,323
358
952
1,878
367
816
3,904
3,242
566
1,534
373
1,097
1, 475
433
811
3,205
2,129
933
1,646
413
1,003
1,816
390
971
1,387
356
1,020
1,007
1,149
1,469
887
738
1,212
1,019
720
1, 787
850
779
1,343
1,340
1,737
749
450
299
127
130
936
584
352
63
150
1.317
734
583
64
89
684
437
247
75
128
587
305
282
58
93
807
477
329
82
323
754
541
213
67
199
553
243
310
51
116
1,322
621
701
145
320
700
410
290
54
95
687
443
244
33
59
1,039
667
372
146
157
1,011
564
447
90
239
1,538
965
573
57
142
842
457
879
452
900
393
922
222
767
458
952
540
816
446
566
354
1,097
296
811
424
933
533
1,003
518
971
1,046
1,020
652
U88
mll.$ _ 1461
i 5, 541 i 5, 101
do
i 1, 210 1 1, 169
do
i 4, 481 i 4, 132
do
466
5,388
1,146
4,431
451
5,314
1,114
4,395
465
5,207
1,077
4,281
456
5,241
1,145
4,231
475
5,205
1,155
4,155
498
5,181
1,131
4,135
488
5,101
1,169
4,132
519
5,019
1,207
3,940
488
5,038
1,254
3,880
501
5,085
1,264
4,000
489
5,096
1,207
4,066
477
5,154
1,208
4,187
510
5,139
1,297
4,436
Noncorporate, total 9
do
IT S Government
do
State and municipal
do
New corporat e security issues :
Estimated net proceeds total
__do
Proposed uses of proceeds:
New money total
do_
Plant and equipment
do
Working capital
- do
Retirement of securities
do
Other purposes
do
State and municipal Issues (Bond Buyer) :
Long-term
do
Short-term
do
•
r
1, 000
'489
1,023
378
SECURITY MARKETS
Brokers* Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and In banks
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f- Issues):
Composite cf - - - dol . per $100 bond
Domestic municipal (15 bonds)
do
U.S. Treasury bonds, taxahlel.
do
Sales:
Total, excl. U.S. Government bonds (SEC) :
All registered exchanges:
Market value
mil $
Face value
.
do._
New York Stock Exchange:
Market value -do
Face value
do
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $..
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©
96.8
111.3
95.1
111.5
94.9
111.8
95.2
112.1
95.3
111.8
95.1
111.0
95.1
110.9
95.2
112.0
95.3
112.6
95.5
114.0
95.5
113.3
95.2
112.0
95.0
112.2
94.7
111.9
94.3
110.8
93.9
110.8
86.31
84.46
84.70
84.70
84.59
84.31
84.37
84.81
84. 65
84.56
84.40
84.48
84.53
84.58
84.57
84.51
145. 04
137. 82
240. 21
220. 06
242. 20
229. 12
247. 56
227. 28
197. 81
186. 44
221. 98
211. 69
239. 88
218. 21
204. 06
193. 97
211. 88
200. 92
204. 50
194. 12
215.95
195. 74
321. 07
295. 71
261. 23
257. 53
240. 82
220. 36
303. 79
278.99
138. 94
132. 17
231.90
211.86
235. 66
221. 26
238. 63
218. 63
190. 38
178. 75
212. 29
201. 31
227. 75
206. 52
189. 71
180. 23
203. 14
192. 02
195. 35
185. 17
203. 26
185. 24
305. 46
282. 15
251. 67
248. 48
230. 16
210. 27
287.04
262. 56
123.61
do
210. 38
215. 15
190. 12
166. 90
205. 15
222. 93
179. 45
193. 49
196. 84
215.30
258. 65
214. 56
207. 90
271.92
4.50
4.57
4.59
4.58
4.57
4.57
4.57
4.58
4.58
4.57
4.55
4.56
4.56
4.57
4.60
4.64
4.26
4.39
4.48
4.86
4.40
4.49
4.57
4.83
4.41
4.51
4.60
4.85
4.40
4.50
4.58
4.83
4.41
4.49
4.57
4.82
4.42
4.48
4.55
4.82
4.42
4.49
4.55
4.81
4.43
4.49
4.57
4.81
4.44
4.50
4.58
4.81
4.43
4.48
4.57
4.80
4.41
4.46
4.54
4.78
4.42
4.48
4.54
4.78
4.43
4.48
4.54
4.80
4.44
4.49
4.55
4.81
4.46
4.52
4.58
4.85
4.48
4.56
4.62
4.88
4.42
4.41
4.65
4.52
4.53
4.67
4.54
4.55
4.70
4.52
4.54
4.68
4.52
4.54
4.65
4.52
4.53
4.65
4.53
4.52
4.66
4.53
4.53
4.67
4.54
4.54
4.68
4.53
4.52
4.66
4.52
4.51
4.62
4.52
4.51
4.63
4.54
4.51
4.64
4.55
4.53
4.64
4.59
4.56
4.66
4.62
4.58
4.71
3.18
3.23
3.20
3.22
3.20
3.20
3.19
3.18
3.19
3.20
3.26
3.25
3.23
3.26
3.18
3.18
3.12
3.15
3.04
3.06
3.17
3.10
3.16
3.18
3.15
3.17
3.20
3.19
3.30
3.26
3.25
3.26
4.00
4.15
4.13
4.13
4.14
4.16
4.16
4.12
4.14
4.14
4.16
4.15
4.15
4.14
4.14
4.15
191. 64
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. $.. 216,188 217,682 2, 566. 0 1,157.8
475.3 2, 517. 5 1, 211. 7
488.5 3, 520. 3 1,385.2
613.3 2, 622. 9 1,243.8
487.4 2, 863. 7 1, 279. 3
22,805
229.3
29,298 1, 722. 5
2601
112.3
241.1
362.1
16.6
115.5
273.9
166.2 1,625.2
4.1
111.0
246.4
385.3
17.5
493.1
125.8
175.8 2, 282. 9
3.2
183.0
374.8
408.1
20.0
214.1
259.6
175.5 1, 725. 4
3.6
117.5
267.5
391.2
18.4
106.5
251.2
179.8 1, 951. 0
3.2
121.2
270.8
399.6
19.4
1, 456
2 1, 900
2377
2642
2232
21,573
2 2, 036
2422
2680
2268
111.6
225.8
63.9
65.6
35.0
288.7
141.1
21.1
70.3
16.8
3.2
139.7
8.9
26.2
11.5
109.9
230.1
65.7
66.2
35.5
292.1
144.7
31.8
71.7
22.2
2.7
140.7
6.5
23.0
10.8
112.6
236.9
96.8
71.2
43.8
290.8
146.1
19.1
102.1
24.2
2.0
151.4
9.1
45.5
12.1
111.8
233.9
69.8
67.3
37.6
292.4
152.2
25.7
74.2
22.2
2.0
150.2
5.9
27.4
12.4
114.8
241.9
70.7
74.3
38.6
311.9
151.5
21.5
81.6
23.0
6.42
6.98
3.21
3.50
4.46
5.84
7.05
7.70
3.43
3.81
4.57
6.00
6.98
7.61
3.38
3.76
4.55
5.90
7.03
7.68
3.39
3.76
4.55
5.90
7.05
7.69
3.46
3.76
4.55
6.12
7.05
7.70
3.48
3.91
4.55
6.12
7.12
7.77
3.49
3.96
4.55
6.12
7.37
8.10
3.68
4.03
4.68
6.22
7.44
8.20
3.73
4.03
4.80
6.22
7.47
8.24
3.73
4.03
4.80
6.22
7.48
8.24
3.80
4.03
4.92
6.25
7.48
8.25
3.80
4.03
4.92
6.25
7.54
8.38
3.80
4.00
4.92
6.31
7.55
8.38
3.83
4.04
4.92
6.31
7.57
8.41
3.84
4.04
4.92
6.31
Price per share, end of mo., composite
do
202. 32 235. OS 236. 24 240. 48 236. 88
Industrials.
do
218. 24 258. 55 257. 62 263. 49 260. 03
Public utilities
do
102. 79 108. 76 105. 40 110. 76 110. 86
Railroads
do
78.49
99.52 100. 64
94.01
94.14
T
Revised.
* End of year.
2 Annual total.
JRevisions for 1961-62 will be shown later,
9 Includ es data not sho\\m separeitely.
cf Number of bonds represented fluctuates; the ci ange in the num ber does not affec tthe
continuity of the series.
242. 73
268. 38
112. 67
98.13
253. 28
287. 13
119. 57
94.11
249. 78
282. 16
118. 21
90.22
238. 93
269. 18
114. 22
86.23
242. 16
273. 38
114. 76
90.93
Finance
Manufacturing.
._
Mining
Public utilities:
Communications _
Electric and gas
Railroads.
Trade
Miscellaneous
_ _
__
__
do
do
do
22,487
28,510
2582
do
do
do
do
do
2
Dividend rates and prices, common stocks
(Moody's) :
Dividends per share, annual rate, composite
dollars. Industrials. _
_ _
do
Public utilities
do
Railroads
_ _ _ _
do
N.Y. banks.
do
Fire insurance companies
do
7.32
8.06
3.49*
4.00
4.61
6.12
243. 14 241. 05 242. 99 250. 34 248. 21 245. 38
269. 08 268. 83 270. 21 -280. 74 278. 19 274. 90
115. 11 115. 62 115. 54 119. 00 118. 81 118. 85
102. 41 95.95 92.59
95.52
94.16
94.62
i [Prices ai'e derive I from a-srerage yl(>lds on b<isis of an
OFor bo ads due (>r callable in 10 yc ars or m are.
assumecI 3 perce Qt 20-yesir bond.
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
S-21
July
June
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's) :
Yields composite
— percent _
Industrials
- do_ __
Public utilities
- do Railroads
do__ _
N Y banks
do.
Fire insurance companies
_ __ _ -do
3.00
2.98
3.15
4.05
2.97
2.50
2.95
2.95
3.21
3.78
2.98
2.45
Earnings per share (indust., qtrly. at ann. rate;
pub. ntil.andRR., for 12 mo. ending each qtr.):
U2.43 1 14. 39
Industrials
dollars
Public utilities
_-do. - i 4.99 15.41
16.29 16.97
Railroads
do
15. 15
5.13
6.97
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)_._
..percentPrices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Railroad (20 stocks)
Standard & Poor's Corpora tion:d"
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10..
3. 17
3.20
3.12
4.46
3.15
2.51
2.92
2.91
3.06
3.74
2.95
2.39
2.98
2.96
3.12
3.99
2.90
2.49
2.90
2.87
3.09
3.98
2.76
2.52
2.95
3.00
3.02
4.17
2.93
2.60
12.60
5.26
7.26
4.32
4.41
4.37
4.29
253. 67 294. 23
714. 81 834. 05
138. 36 146. 02
165. 30 204. 36
290. 08
817. 63
141. 56
206. 59
302. 02
844. 24
147. 37
218. 78
298. 13
835.30
149.24
211. 25
305. 85
863. 55
151.85
214. 44
4.30
2.93
2.89
3.03
3.87
2.89
2.56
4.25
3.03
3.00
3.19
4.35
2.99
2.62
2.97
2.92
3.13
4 22
3.08
2.56
3.01
2.96
3.14
4.26
3.25
2.55
T
15.96
5.41
6.97
4.25
311. 73
875. 26
153. 93
222. 00
3.05
3.00
3.20
4.28
3.33
2.59
3.02
2 97
3 21
4 43
3 39
2 70
15. 90
5.51
6.83
4.23
4.18
4.22
4.26
311.04 304. 50
880. 04 866. 73
154. 33 154. 49
217. 16 206. 46
311. 84
889. 89
158. 09
210. 34
313. 79
894. 41
161.31
210. 01
315. 14
896. 44
161. 61
212. 26
4.25
2.95
2.87
3.18
4.28
3.24
2.51
3.16
3.11
3.35
4 69
3 51
2.84
3.13
3 08
3.35
4 44
3 38
2.86
17 15
5.66
4.28
317. 55
907.71
162. 25
212. 19
4.30
319
927
161
209
4.38
93
50
35
18
302 72
878. 06
154. 93
195 79
4.38
303 66
873 43
155. 7 1
199 51
69.87
81.37
80.24
83.22
82.00
83.41
84.85
85.44
83.96
86.12
86.75
86.83
87.97
89.28
85. 04
84.91
73.39
63.30
62.28
64.99
37.58
86.19
76.34
73.84
69.91
45.46
85.13
75.85
72.42
67.46
46.29
88.19
77.76
75.47
70.35
48.93
86.70
75.91
75.40
71.17
47.17
88.27
77.97
77.74
72.07
47.14
89.75
79.13
79.08
73.37
48.69
90.36
78.97
79.18
74. 39
48. 01
88.71
77.24
77.58
74.24
45.75
91.04
80.19
79.69
75.87
46.79
91.64
82.52
80.74
77.04
46.76
91.75
83.62
81.50
76.92
46.98
93.08
84.85
83. 78
77. 24
46.63
94 69
86 35
85.21
77.50
45 53
90 19
81.62
80.04
74.19
42.52
89 92
80.54
78.80
74.63
43.31
36.75
74.81
63.38
39.64
77.54
67.20
38.91
76.69
66.96
39.78
76.98
68.31
39. 71
76.58
68.27
41.60
77.48
68.46
41.75
80.50
67.99
41.61
81.20
66.82
40.08
76.08
66.14
40.40
75.13
66.80
39.43
73.30
68.47
38.96
71.13
68.26
40.00
71. 81
69.49
38.91
71.23
67.67
37.17
68.47
62.54
38. 18
70.22
60.95
5,359
153
6,012
170
5, 681
154
6,181
170
4,828
139
5,823
168
6,245
185
5,195
155
5,773
170
5,959
179
6,330
182
7 198
217
6 696
199
6 580
198
6 911
187
4,574
113
5,035
124
4,745
114
5,268
125
4,106
100
4,914
120
5,268
131
4,371
108
4,872
121
4,918
127
5,291
131
5,979
152
5 508
136
5 366
133
5 819
136
96
103
96
103
82
110
107
94
104
109
112
125
119
110
128
85
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
bil. $.. 386. 63
Number of shares listed
millions. 7,906
454. 14
8,732
455. 01
8,841
464. 54
8,941
458. 12
8,981
472. 02
9,010
476. 39
9 095
472. 15
9 136
474. 32
9 229
491. 85
9 292
493. 48
9 336
490. 25 506.58
9 481 9 516
503. 54
9 647
478. 83
9 785
487. 85
9 829
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:
Market value
mil. $__
Shares sold
_ _ ._
millions..
On New York Stock Exchange:
Market value
- .mil. $__
Shares sold (cleared or settled)
millions..
Excluslve of odd-lot and stopped stock sales
( N Y S.E.; sales effected) .
millions-
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value*
Exports (mdse.), incl. reexports, totaled)
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions: A
Africa
_
Asia
Australia and Oceania
Europe
.
mil. $_. 1,945.8 2,203.5
1,868.7 2,135.0
.do
do
_
.do
do
.do
. _ . _ . _ do
Northern North America
Southern North America
South America
.,
82. 7
401.1
44.3
593.1
101.6
435.5
61.5
692.0
104.6
373.5
63.8
629.2
103.3
440.3
64.0
633.0
93.5
378.4
68.9
554.3
93.5
422.9
75.6
639.4
111.9
446.6
72.1
733.4
97.8
447.4
67.3
719.6
122.1
575.5
64.8
825.4
33.9
273.7
24.2
352.2
49.1
165.5
283.7
680.2
63.3
87.4
509.3 1, 009. 3
131.1
559.6
82.3
885. 1
120. 4
466.7
76.7
806.3
120.2
459.0
70.2
675.9
343.3
145.1
153. 6
395.6
170.4
176.9
416. 5
180.3
182.1
365.8
169.1
167.3
380.3
156.2
175.8
389.4
175.0
188.6
429.7
184. 4
172.3
390.9
177.1
191.1
432.7
204.3
225.2
296.9
126.5
73.3
354.1
142.4
116.4
495.9
194.4
216.1
456.8
190.1
210.2
517.7
175.6
192.3
531.2
179.0
168.9
17.5
23.2
22.3
32.8
24.2
34.3
18.9
33.2
20.8
32.6
18.1
30.1
21.6
40.7
19.3
30.8
34.7
37.3
6.9
14.6
5.5
23.7
26.2
61.5
21.9
43.9
9.0
46.6
11.7
42.0
do
do
do
do
37.1
68.1
32.3
52.3
79.6
31. 3
6.4
54.7
55.1
38.4
6.1
53.9
87.6
40.4
7.5
58.0
53.1
34.3
7.7
65.6
88.6
32.2
6.6
61.8
91.1
34.9
5.7
58.4
80.7
38.1
6.3
55.6
104.2
44.3
6.7
19.5
41.9
14.2
4.3
56.1
28.3
13.3
5.6
75.3
156.2
31.9
8.7
70.2
93.3
42.8
9.1
65.2
81.0
41.9
8.1
58.2
92.2
28.9
7.6
do
do
do
9.1
26.9
142.6
5.7
30.0
159.0
3.3
30.4
129.5
5.7
28.8
147.7
4.3
28.2
136.7
4.6
32.6
139.9
6.0
29.5
155.7
7.4
27.1
164.0
7.5
30.1
212.6
1.7
13.9
116.6
2.5
21.2
135.8
4.5
36.3
244.1
4.4
34.0
189.5
5.4
32.0
152.5
3.3
27.7
152.3
do
do
do
56.8
.5
93.4
66.8
1.7
109.2
61.6
1.1
97.6
59.2
.3
100.2
51.3
.3
93.6
55.2
.8
114.2
67.0
.5
119.1
64.6
.8
104.0
82.8
2.7
139.5
42.3
.1
59.6
49.5
1.6
91.4
109.4
.8
163.4
84.8
.5
152.5
87.6
2.1
127.7
71.5
.8
113.0
.do
do...
do
By leading countries:
Africa:
United Arab Republic (Egypt Reg.).. -do
Republic of South Africa. _
do
Asia; Australia and Oceania:
Australia, including New Guinea
India
_
Pakistan
_.__
Malaysia©.Indonesia
Philippines...
Japan
_
Europe:
France.^
East Germany
West Germany
Italy
.
.
_
2,116.1 2,121.3 1,972.7 2,139.1 2,290.3 2,267.0 2,613.0 1,247.4 1,598.1 2,974.1 2, 612. 3 2,428.3 2,335.8
2, 047.4 2,045.9 1,899.6 2,084.7 2,258.9 2,182.9 2,560.9 1,188.1 1,513.7 2, 891. 7 2, 529. 1 2,381.4 2, 219. 1
2, 034. 2 2, 122. 9 2, 108. 8 2,235.3 2,154.8 2, 196. 8 2, 430. 4 1,217.3 1, 592. 7 2, 752. 7 2, 380. 3 2,277.7 2, 184. 8
do
73.7
69.3
56.1
68.3
49.7
Union of Soviet Socialist Republics
do
12.0
1.7
7.3
2.8
1.8
United Kingdom
do
96.9
122.4
107.9
108.0
105.8
p
Revised.
*> Preliminary.
1 Calendar year total.
cfNumber of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
tRevised series;
former series covered fire insurance only.
fRevisions for various periods prior to Feb. 1963
will be shown later.
QBeginning Jan. 1965, data reflect adoption of revised export schedule;
67.9
70.5
82.0
95.2
101.0
66.8
33.1
55.7
74.8
63.6
7.4
1.2
2.1
2.2
.8
1.8
.2
5.6
8.8
3.1
151.2
125.8
138.6
143.6
144.8
67.9
157.6
107.7
132.2
118.7
in some instances, because of regrouping of commodities and release of some "special category"
items from the restricted list, data for commodities and countries may not be comparable with
those for earlier periods.
^Includes grant-aid shipments under the Dept. of Defense Military Assistance Program, as well as economic aid shipments under other programs.
AExcludes "special category" shipments.
©Country designation established Jan. 1964.
SUKVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
August 1965
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
Exports (mdse.), incl. reexports— Continued
By leading countries— Continued
North and South America:
Latin American Republics, total 9
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
Exports of IT 8 merchandise totalO
Fxcl military grant-aid*
By economic classes:
343.3 ' 395. 4
do
266.7
309. 5
do
do
do
do
do
do
15.8
31.9
13.5
20.1
3.0
71.5
42.4
21.8
32.2
15.0
20.5
0)
89.7
50.0
do
do
Crude foodstuffs
do
Manufactured foodstuffs and beverages.__do
feemiinanu a c ./ o
,
By principal commodities:
Agricultural products total 9
-- do
Animal and vegetable oils and fats*
do
Cotton unmanufactured
do
Fruits, Vegetables, and preparations — do__.<
TV/T
+
A
t
rtT\cn.Q«/vno*
Tobacco and manufactures A
r\f\
do
19.2
33.0
14.3
21.4
0
104.5
57.0
389.4
429.7
301.6
298.1
325.4
318.7
328.8
23.3
26.7
13.1
19.3
0.
89.3
50.5
24.3
35.5
13.4
19.2
0
82.4
46.8
26.4
41.5
18.2
18.1
0
95.7
48.0
17.5
32.5
16.3
21.7
0
99.4
47.6
28.1
37.4
15.4
18.6
0)
95.8
49.7
390. 9
296.9
354.1
495.9
456.7
517.6
531.2
376.6
164.4
228.2
366.7
352.1
327.6
307.6
34.5
33.3
21.6
23.3
0)
103. 8
60.4
11.2
10.5
7.3
7.2
0
74.7
21.7
15.0
13.9
10.2
11.8
0)
81.0
34.3
31.2
26.1
21.5
21.1
0)
98.0
69.3
28.7
26.9
22.3
20.0
C1)
92.9
63.8
23.2
27.5
21.0
21.4
C)
92.7
54.6
19.4
20.2
15.8
13.8
1
432.6
C)
95.2
55.8
1, 921. 7 2, 173. 8 2, 084. 4 2, 094. 8 1,944.5 2, 112. 1 2, 261. 4 2, 242. 4 2, 577. 6 1,230.7 1, 575. 5 2, 942. 0 2, 585. 2 2, 397. 7 2,307.6
1,845.5 2, 106. 0 2, 016. 9 2, 020. 5 1,871.4 2, 057. 7 2,230.0 2, 158. 3 2, 525. 5 1, 171. 4 1,491.1 2, 859. 6 2, 502. 0 2,350.8 2, 190. 9
218.4
241.5
288.9 280.8
214.7
217.6
252.9
190.3
327.9
189.4
203.5
209.0
211.7
173.9
182.6
177.6
226. 6
235.7
145.2
140. 6
158.1
124.7
136.5
172.1
125.9
116.3
153.8
278.4 338. 9 338.9 339.1
351.9
324.6 348.5
334.5 410. 3
1, 114. 4 1, 241. 2 1,219.4 1,208.9 1, 119. 2 1, 196. 5 1,253.4 1, 237. 6 1, 440. 7
1, 037. 8 1, 173. 0 1,151.5 1, 134. 4 1, 046. 1 1, 142. 1 1,222.0 1, 153. 5 1,388.6
465.4
528. 9
459. 4
479.7
419.5
494.5
575.6
607.9
669. 2
26.6
48.9
37.2
191.7
12.3
43.6
35. 8
57.5
36.2
215.0
15. 1
45.4
32.9
50.7
37.8
180.3
14.9
41.2
40.0
91.5
32.3
171.1
13.0
37.0
41.3
16.6
35.8
174.4
12.5
34.6
36.7
24.5
42.5
204.2
13.3
73.0
31.8
38.6
50.2
205.0
16.6
58.1
36.3
50.9
35.5
231.3
15.2
58.2
53.5
97.9
38.1
232.6
19.3
73.4
125.5
2 161. 9
40.2
57.4
143. 4
193. 8
42.1
74.6
144.6
183.5
45.6
83.4
111.6
199.4
39.8
82.5
120.8
197.9
50.6
81.7
140.7
212.3
41.6
73.5
133.8
200.5
47.8
77.6
141. 4
192.6
36.0
69.5
174.1
234. 8
37.9
85.0
453.4
528.7
513.7
517.2
458.3
507.8
554.4
520.1
636. 7
do
do
do
do
do
15.2
35.2
113.4
37.0
216.5
19.1
45.6
128.4
43.4
249.3
19.7
50.2
119.9
39.7
240.3
20.8
48.4
116.9
45.9
241.1
19.1
41.2
109.8
37.1
218.3
14.1
46.2
122.5
38.3
242.8
14.5
48.0
139.9
46.8
258.2
16.5
41.0
137. 7
42.4
242. 1
18.1
47.5
156.4
58.6
299. 2
__.do
do
41.0
57.8
39.3
67.1
39.4
68.2
43.3
59.7
40.8
60.0
36.1
66.8
41.7
72.5
37.2
68.0
44.2
78.7
Chemicals and related products^
do
Coal and related fuels
do
Iron and steel prod. (excl. adv. mfs.)__.do
Petroleum and products
Textiles and manufactures
328. 6
380.3
365.7
210.4
325.8
696.2
553.9
532.9
530.9
1,456.3 1,644.9 1, 625. 1 1,615.1 1, 525. 0 1, 617. 6 1, 685. 8 1, 634. 5 1,908.4 1,020.3 1,249.7 2,245.8 2,031.3 1, 864. 8 1,776.7
Nonagrlcu tura pro uc s, o a
Agricultural
Tractors parts and accessories
Electrical
M^etalworkingS
Other industrial
416.5
General imports, total O
do -- 1,428.5 1, 557. 1 1, 593. 7 1, 610. 7 1, 491. 0 1, 561. 8 1,613.0 1,671.7 1, 755. 0 1, 112. 9 1, 463. 6 2, 040. 2 1, 854. 9 1, 724. 1 1, 906. 9
1, 518. 4 1, 578. 1 1, 574. 9 1, 546. 4 1, 547. 7 1, 697. 7 1,642.2 1,206.4 1, 600. 5 1, 869. 0 1,834.7 1, 798. 9 1, 834. 8
Seasonally adjusted©
do
By geographic regions: O
66.2
76.4
64.8
66.2
89.2
67.9
65.8
70.5
79.6
82.0
82.7
66.9
84.0
27.9
75.3
Africa
do
432.4
266.0
301.5
402.5 339.9
334.1 339. 1 336.3 315.8
316.7
329.3 217.1 291.7
410.9
322.6
Asia
do
30.7
57.7
41.8
43.7
36.6
45.6
32.5
41.2
32.5
30.8
37.6
21.3
20.8
38.0
32.6
Australia and Oceania
do
628.4 575.4
401.1 442.3 446.4
377.3 426.7
460.7
466.7
542.3 537.6
503.3 519.4 239.0 422.6
Europe
do
319.4
353.7 380.4
372.4 363.4
372.3 388.8
325.5 409.9 377.6
441.7
325.7
362.1 381.5
398.6
Northern North America
do
162.1
127.2
136.6
115.7
181.1
137.0
140.2
102.2
147.6
146.2
158.3
123.2
124. 4
145.4
123.2
Southern North America
do
207.6
185.4
240.1 240.4
209.1
212.4
198.8
156.5
188.0
245.1
202.7
202.3 242.6 259.3
183.0
South America
do
By leading countries: O
Africa:
1.3
1.4
5.0
1.7
.9
1.0
.4
1.0
.5
.3
1.9
.5
1.4
1.3
United Arab Republic (Egypt Reg.)_._do
.8
19.3
19.5
21.6
16.9
20.8
19.3
18.8
16.2
18.6
20.1
27.6
8.0
17.4
22.8
Republic of South Africa
do
24.5
Asia; Australia and Oceania:
19.0
35.6
26.6
23.4
26.8
20.1
32.2
24.4
23.4
17.0
Australia, including New Guinea
do
17.8
23.8
16.8
24.5
26.3
37.5
46.2
24.5
25.4
28.4
India
_
do
30.7
33.1
25.0
20.1
19.8
26.0
29.9
15.2
24.3
26.7
5.6
6.2
3.8
4.1
3.3
3.0
Pakistan
do
2.0
3.7
3.0
3.5
1.0
2.7
2.5
3.2
3.7
23.5
19.3
13.3
21.0
17.3
Malaysia©
do
10.9
9.5
13.3
13.0
15.3
6.8
11.9
16.7
12.2
16.6
9.4
16.9
14.1
15.7
Indonesia
do
14.6
16.0
10.3
12.2
15.8
15.2
15.2
12.9
12.2
14.7
36.7
34.3
29.7
32.3
36.6
27.1
31.3
44.1
33.4
Philippines
do
39.3
21.7
33.1
25.8
29.5
32.8
218.4
204.9
147.4
124.8
222.0
Japan
„
do
155.8
154.5
154.7
175.1 159.5
166.7
161.7
108. 3
177.3
165.8
Europe:
63.5
55.6
61.2
54.2
35.9
France
do
41.3
38.4
41.5
45.5
20.5
42.8
33.6
43.0
45.2
50.6
.3
.6
.6
.7
.3
.6
.5
East Germany
do
.6
.4
.9
.5
.3
.7
.1
.6
117.6
131.2
110.3
133.5
83.6
97.6
West Germany
do
99.7
74.7
97.3
46.0
102.7
97.8
119.7
101.8
113.5
54.8
52.6
49.7
59.3
41.1
43.9
Italy
_
do
45.1
48.6
37.9
47.6
45.3
48.8
22.1
48.2
56.1
2.6
2.5
2.2
1.5
1.7
1.7
2.4
1.9
4.1
Union of Soviet Socialist Republics
do
2.1
1.9
1.9
4.7
1.6
2.1
112.7
109.6
115.5
126.1
89.9
95.1 100.7
United Kingdom
do
85.6
101.4
101.3
92.3
57.6
91.7
103.3
112.8
North and South America:
398.3 441. 5
Canada
do
409.8 377.4
319. 1 353. 4
380.1 372.1
362.6
381.4
325.2
372.0 388.6
325.6
361.7
274.3 344.2
Latin American Republics, total 9
do
359.5 338.5
287.6 293. 7 280.6
288.8 247.3 265.3 275.1 321.1 352.4 222.3 280.4
11.1
10.3
Argentina
do
11.1
11.5
13.7
9.3
12.3
6.5
7.1
8.4
7.7
7.5
11.7
6.1
6.7
38.9
36.4
Brazil
do
37.2
49.6
46.8
44.5
32.5
31.9
24.6
36.7
46.5
59.2
16.6
36.6
71.4
22.3
13.8
30.3
Chile
do
15.1
15.7
18.2
9.4
18.4
17.6
17.9
19.7
18.6
20.0
28.8
14.2
25.2
20.7
Colombia
___
do
24.2
26.2
23.4
20.7
8.4
17.3
18.9
35.5
21.1
15.8
25.1
34.0
28.5
0
0
Cuba
do
0
0
C1)
0)
0)
0)
0)
0)
0)
0)
0)
0)
0)
61.9
57.2
Mexico
_
do
61.1
64.7
49.5
53.6
54.4
43.7
52.5
50.5
55.2
39.7
48.5
46.6
30.6
101.9
66.3
Venezuela
do
92.2
96.8
78.0
86.0
79.7
81.8
85.7
76.5
77.0
69.2
82.5
80.0
92.7
r
2
fRevised to include SITC items classified as "cereals and preparations"; not comparable
Revised.
*> Preliminary.
1 Less than $50,000.
Beginning Jan. 1963, excludes
exports of certain fertilizer materials, coal-tar and synthetic resinous products, chemical spewith data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
cialties, etc.; in 1962, such exports totaled $52.6 mil.
JSee similar note on p. S-21; for exports, see also note 'T' on p. S-21.
AManufactures of tobacco are included in the nonagricultural products total.
9 Includes data not shown separately.
QSee similar note on p. S-21.
§Excludes "special category, type 1" exports.
©For certain recent months, the data by regions and countries exclude imports unidencf Data for semimanufactures reported as "special category, type 1" are included with
finished manufactures.
*New series. Data for periods not shown may be obtained from
tified by area of origin.
® Country designation established Jan. 1964.
Bu. of Census reports.
SUEVEY OF CUEKENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
S-23
1964
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value t— Continued
1,416.7 1, 550. 0
By economic classes:
Crude materials
- .do
Crude foodstuffs
do
Manufactured foodstuffs and beverages__do
Semimanufactures
do
Finished manufactures
- _do
By principal commodities :
Agricultural products, total 9do
Cocoa (cacao) beans incl shells
-do _ _
Coffee
do
Rubber, crude (incl. latex and guayule)— do
Sugar (cane or beet)
_
-do
Wool and mohair, unmanufactured
do
NTonagricultural products total 9
do
Furs and manufactures
do
Iron and steel prod (excl. adv. mfs.) do
Nonferrous ores, metals, etc.:
Bauxite, crude*
do
Aluminum semimfs (incl. calcined bauxite)*
mll.$_.
Copper, crude and semimfs.*
do
Tin including ore
do
Paper base stocks
Newsprint
Petroleum and products
-
do
do
do
Indexes
Exports (U.S. mdse., excl. military grant-aid) :f
Quantity ....
__ 1957-59 =100—
Value
do
Unit value
do
Imports for consumption:
Quantity
do
Value
—
do
Unit value
do
Shipping Weight and Value
Waterbome trade:
E xports (incl . reexports) : §
Shipping weight
thous. sh. tons
Value
_ _ mil. $
General imports:
Shipping weight
thous. sh. tons
Value
mil $
Airborne trade:
Exports (incl. reexports):!
Shipping weight
. thous. sh. tons.
Value
mil. $
General imports:
Shipping weight
thous. sh. tons
Value
mil. $
1,575.0 1,613.4 1,489.8 1,567.7 1, 643. 5 1, 655. 1 1, 720. 4 1,138.1 1, 488. 6 1, 999. 2 1, 820. 7 1, 719. 6 1, 878. 0
290.8 325.0 302,4
300.1
296.1
282.7 313.5 253.0
140.4
145.0
136.9
182.1 202.6
200.1
155.8
78.5
163.0
148.8
143.6
164.2
168.6
165.4
176.7
77.3
334.3
322.6 314.3 331.5 337.1 357.8 300.1
340.9
640.0
660.3
584.3
633.3 665.1 655.9
683.6 429.2
274.0
143.8
166.5
300.7
531.7
287.0
169.5
151.0
332.4
610.1
335.0
342.0
316.1
318.6
316.7
11.3
79.7
16.4
50.9
18.8
10.9
100. 0
16.7
38.2
17.1
10.3
73.2
13.9
38.9
14.1
8.5
84.7
17.1
49.7
16.0
12.8
77.7
18.1
33.9
14.1
341.0
350.9
384.4
372.9
9.2
90.8
16.4
50.0
17.1
11.2
106.7
13.7
44.6
12.4
8.8
126.9
17.0
43.4
15.9
11.8
116.8
18.9
37.9
22.0
1,081.7 1,207.9 1,258.9 1,294.8 1,173.1 1,226.7 1,292. 5 1,270.6 1,347.5
1 10.9
59.4
19.7
68.3
8.1
77.5
9.5
10.5
16.9
121.6
9.1
16.6
28.4
9.3
6.2
74.8
4.7
69.1
10.0
12.9
18.9
26.6
7.9
20.5
25.4
10.2
33.8
30. 1
62.7
57.3
1 149. 1 1 156. 0
34.9
65.2
144.8
127
128
101
143
146
102
127
122
96
135
133
99
269.4
420.4
369.0
338.8
345.2
10.2
69.1
11.2
17.3
13.9
11.8
126.5
18.3
26.5
31.8
9.2
83.7
24.0
38.6
27.4
13 8
77.3
13.3
47.3
17.6
13 2
89.7
16.9
42.5
18.6
962.9 1,219.2 1, 578. 8 1, 451. 7 1 380.8 1 532 8
15.4
69.4
12.6
10.2
9.6
10.2
12.1
8.8
13.7
10.8
11.6
10.9
13.5
30.1
9.8
11.4
26.1
7.6
14.5
48.7
10.7
6.5
14.2
4.9
16.9
29.2
8.3
23.1
24.1
17.2
21.3
23.4
10.9
24.4
22.1
13 0
32.6
26.6
12.7
35.3
64.2
147.0
35.1
66.3
142. 7
35.6
68.6
144. 9
36.7
73.0
174.3
29.1
53.1
184.8
46.8
53.9
163.3
41.9
69.2
198.8
35.8
62.7
186.7
34.0
64.9
144.3
39.8
72.4
192.2
127
130
103
139
143
103
150
155
104
145
150
104
169
176
104
131
128
98
137
135
99
143
141
99
144
142
99
150
148
99
4.7
71.0
12.3
9.1
13.7
20.7
14.1
21.8
27.5
8.3
32.3
64.8
165.4
35.2
61.8
152.3
138
140
102
138
141
102
137
136
99
141
139
99
21, 308 22, 763
1,146.9 1,183.9
3.8
24.9
7.6
15.1
15.7
4.7
89.0
6.1
63.5
13, 084 14, 254 14, 191 14, 346 15, 300 14, 774 16, 426 14, 628 14, 962
1,257.2 1, 416. 9 1, 299. 7 1,365.5 1,268.4 1, 405. 0 1, 503. 6 1, 491. 2 1, 750. 2
17. 707 19, 401
1 031 9 1, 107. 9
175.2
r
22, 031 20, 161 19, 686 20, 419 19, 499
1,096.7 1,020 1 1,137 0 1 213 4 1, 250. 1
13.4
13.9
16 0
11 2
89
6,508
601.2
18, 141
651.4
10.3
136.5
13.6
153.7
12.9
147.1
13.4
148.7
12.0
128.2
14.8
151.3
15.8
169.7
13.9
140.2
17.7
187.4
14.9
140.7
19.9
175.2
21.5
197.4
>-19.0
189.1
19.1
193.7
4.7
68.0
5.4
79.7
5.0
76.9
5.1
77.2
4.5
69.9
53
76.6
7.3
93.9
7.0
89.9
8.6
108. 8
6.5
89.1
8.4
104.9
7.8
102.4
6.9
98.4
6.2
100. 3
75, 541
69, 963
17, 616
5,940
3,979
78, 016
74, 822
16, 631
5,774
3,879
21.9
593
21.9
577
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, total 9
mil. $„ 621.9
617.1
Transport, total 9
do
Passenger
_do____ 557.0
40.3
Property
do
U S mail
do
15.0
Operating expenses (Incl. depreciation)... do
589.2
Net Income (after taxes)
._
do
3.3
Operating results:
Miles flown (revenue)
thous
63, 828
Express and freight ton-miles flown do
49, 195
Mail ton-miles
flown
do
14,167
Passengers originated (revenue)
_do
4,548
Passenger-miles flown (revenue)
.mil- 3,048
707.7
701.3
631.8
46.8
16.4
632.6
34.0
710.9
704.6
637.7
4*5.2
15.7
622.2
39.1
68, 506
60, 576
15, 390
5,158
3,490
68, 852
58, 871
14,345
5,542
3,910
Express Operations
Transportation revenues
Express privilege payments
mil. $__
do
295.9 2 103. 1
228.3 229.5
99.9
29.6
Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrly. avg. or total)
cents
mil
mil. $..
20.5
576
347.5
21.2
571
21.2
563
362.5
71, 235
60, 391
14,337
5,324
3,796
72,362
63, 842
14, 178
5,647
4,023
69, 376
69, 009
14, 734
5,214
3,530
71, 735
72, 323
16, 145
5,509
3,610
67, 518
60, 756
14, 626
5,030
3,224
103.2
29.8
21.3
531
21.3
515
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
3
Number of reporting carriers
1,018 3 1, 018 1,029
Operating revenues, total
mil $
1,435
1,544
1,549
Expenses, total
do'
1,374
1,473
1,459
Freight carried (revenue)
—mil. tons
84
92
92
' Revised.
» Preliminary.
1 Effective Sept. 963,
1 data reflect a doption tf U.S. Tariff
Schedules and are not entirely comparable with eai•lier figu res; also, beginnirig Sept. 1963,
certain uranium bearing materials, formerly shown u nder cru de mater als, are i ncluded with
semimanufactures (monthly averages reflect this ch ange bejginning J an. 1963' . Beginning
Jan. 1964, data for furs and mfrs. and petroleum and products r eflect fur ther char ges in USTS.
2 Quarterly average.
3 Number of carriers filing completej reports for 1963 £ind 1964.
725.0
717.7
639.9
51.0
18.8
654.1
37.8
748. 2
742 2
670 2
49 1
15 4
641 4
48.2
21.4
560
335.8
70, 922
70, 782
22, 319
5,338
3,668
735.4
728.3
654.3
48.9
16.9
677.7
30.1
73, 511
59, 440
15, 630
5,450
3,747
67, 414
60, 734
15,111
4,861
3,248
112.5
31.7
21.4
610
21.7
561
21.7
599
76, 406
71, 822
17, 548
5,535
3,703
101.9
27.4
21.9
553
21.9
524
21.9
606
22.1
564
1,020
1,018
1,646
1,604
1,591
1,503
98
95
9 Includes data not shown separately.
*New series,
tSee similar note on p. S-21.
fRevised to
Data f or periods not shown may be obtained from Bu. of Census reports.
§Exexclud(>. military grant-aid shipments; comparable earlier data will be shown later.
eludes "special category" shipments and all commodities exported under foreign-aid programs
as Dep artment of, Defense controlled cargo.
TfSee 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
1963
1964
Monthly
average
August 1965
1964
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, qtrly. index of volume, class I and
II (ATA)
average same period, 1957-59=100— 1 126. 3 1 137. 6
Carriers of passengers, class I (qtrly. avg. or total):
2158
2158
Number of reporting carriers
-155.7
164.1
135.3
142.7
Expenses total
do
126.7
Passengers carried (revenue)
_mll_. 131.8
Class I Railroads
Freight carloadings (A AH):
Total cars
Coal
Coke
Forest products
135.4
137.0
139.2
159
164.7
143.6
131.1
159
200.8
157.8
132.8
158
157.9
140.6
128.1
141.1
thous—
do
do
do
2,406
461
32
156
234
2,453
462
41
163
219
2,355 '3 2, 645 3 2, 926
459
'3405
3578
33
348
'339
153
3198
'3186
3243
206
'3248
2,396 s 3, 195
3589
461
357
41
3196
151
3310
201
2,376
455
46
148
221
2,118 32,571
3518
427
347
44
3178
139
180
3231
2,074
410
36
147
178
2,185 32,848
409
3533
36
347
152
3193
193
3236
2,415
456
35
159
180
2,376 3 2, 768
455
3427
35
343
151
3189
211
3276
Livestock
do
Ore
do
Merchandise 1 c 1
do
Miscellaneous
do
Freieht carloadlngs, seas. adj. Indexes (Fed. R.V.t
Total.....
1957-59=100Coal
do
Coke
-—
do
14
147
72
1,290
13
168
53
1,334
r3Q
7
313
223
'3274
3268
50
363
'361
1,223 '3 1, 423 3 1, 514
330
16
211
3264
48
358
1,267 3 1, 691
18
154
41
1,292
311
10
92
381
37
346
1,189 31,460
7
72
39
1,185
8
210
3164
81
41
349
1,265 3 1, 616
8
206
39
1,332
5
225
37
1,257
3290
344
3 1, 493
*93
95
88
96
102
52
84
36
95
496
95
113
100
96
49
97
27
98
95
95
129
99
109
48
96
23
95
99
97
127
99
99
54
136
23
100
99
99
108
103
97
36
136
21
100
101
104
107
105
98
36
95
22
104
'94
'98
109
95
95
31
87
20
97
95
98
123
103
82
33
90
20
99
Grain and grain products
Livestock
.
Ore
-
do
..do
do
-
Miscellaneous
do
94
100
118
98
91
46
85
27
96
95
100
128
102
75
50
87
28
98
93
98
128
97
88
56
84
26
96
Financial operations (qtrly. avg. or total): A
Operating revenues, total 9
mil. $— 2,389.9 2,464.1 2, 481. 4
2, 038. 6 2, 113. 9 2, 133. 8
Freisht
do
146.3
147.0
144.5
Passenger
do
1,862.9 1, 934. 5 1. 910. 5
325.1 338.0
325.6
Tax accruals and rents
do
233.0
201.4
204.5
Net railway operating income
do
174.5
198.4
162.9
Net income (after taxes)
do
Operating results: A
Freight carried 1 mile (qtrly.)bil. ton-miles_- 5158.9 5 167. 7
Revenue per ton-mile (qtrly avg )
cents « 1.310 51.282
Passengers carried 1 mile, revenue '(qtrly.) —mil— 8 4, 624 « 4, 562
96
96
125
99
104
48
90
26
99
100
92
109
106
94
46
113
23
106
96
91
99
99
87
46
110
22
102
2,526.3
2,168.7
134.6 ........
2, 037. 5
302.6
186.1
182.1
2, 486. 5
2, 119. 2
162.3
1, 937. 6
332.3
216.6
175.4
168.5
1.287
4,594
99
90
125
100
97
46
143
22
103
2, 382. 5
2, 064. 7
125.9
162.8
165.2
1.270
3,801
172.0
1.269
4,163
167 1
1.293
5,380
98
92
98
101
97
42
110
21
103
36
Waterway Traffic
Clearances, vessels in foreign trade:
Total U S. ports
thous. net tons- 15, 628
12, 786
Foreign vessels
do
2,842
United States vessels
do
Panama Canal:
Total
In United7 States vessels.
16, 854
13, 909
2,945
18,948
15, 809
3,139
17,969
14,836
3,133
18, 232
14,982
3,250
17,092
14,092
3,000
18, 154
14, 902
3,252
16, 740
13, 786
2,954
16, 714
13, 942
2, 772
5,454
780
6,184
896
5,902
1,100
6,062
877
6,604
927
6,227
867
6,248
930
6,156
847
6,645
830
5,706
779
5,160
652
7,670
822
6,998
884
6,631
738
9.37
60
109
9.53
61
111
9.83
64
113
9.10
56
112
9.89
62
107
9.85
65
110
10.24
70
112
10.11
57
103
9.08
48
112
9.36
56
102
9.54
61
113
9.14
63
119
9.96
65
110
9.36
65
123
10.03
63
115
218
216
130
110
88
2,779
243
7238
157
138
94
2,831
271
356
172
154
147
5,047
314
359
208
173
112
8,067
430
302
210
201
86
7,561
288
238
218
174
74
3,287
238
195
186
174
56
2,283
191
167
127
116
50
1,061
173
186
123
130
53
654
206
207
130
97
74
708
95
782
151
977
168
175
1,453 '2,393
175
5,064
629
mil—
thous. $.. 10,477
555
9,441
556
9,500
thous. Ig tons
.. do
Travel
Hotels:
Average sale per occupied room
dollarsRooms occupied
% of total
Restaurant sales index
same mo. 1951 *= 100
Foreign travel:
US citizens: Arrivals _ _
Departures
Aliens* Arrivals
_
Departures
Passports issued and renewed
National parks, visits f
Pullman Co. (qtrly. avg. or total):
Passenger-miles (revenue)
Passenger revenues
_
_
_
_
-thous _
do
do
do
do
do
578
9,818
476
7,989
528
9,066
131
COMMUNICATIONS
Telephone carriers:
Operating revenues Q
mil $
911. 5
845.6
465.4
Station revenues
do
493.5
289.7
318.9
Tolls, message
do
495.7
541.3
Operating expenses (before taxes).. __
do
7 147. 5 7 160. 4
Net operating income..
_ do
77.4
Phones in service, end of period
.__ mil
73.7
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous. $_.. 23, 902 24, 951
21, 094 22, 014
Operating expenses, incl. depreciation
do
1,680
1,757
Net operating revenues
do
Ocean-cable :<?
3,064
Operating revenues
do
2,928
72,527 7 2, 252
Net operating revenues
do
7195
7348
Radiotelegraph:^
Operating revenues.-—
_
do
5,077
6,026
Operating expenses incl depreciation
do
3,883 4,662
Net operating revenues
do
982
1,119
912.3
494.6
318.9
531.3
169.2
75.3
917.0
492.5
324.3
569.1
150.2
75.6
915.3
492.1
324.3
529.8
167.3
75.9
921.3
497.0
322.6
539.6
165.3
76.4
82,835.2
81,518.5
81,005.7
81,715.6
8 488. 9
77.4
82,833.3
81,531.5
8 987. 6
81,687.6
8 505. 2
78.3
26, 020
22, 799
1,886
25, 092
23, 304
498
25, 113
22, 170
1,840
25, 256
22,089
2,106
8 75,432
8 64,860
8 8, 194
8 73,656
8 65,493
8 3, 862
3,172
2,381
427
3,227
2, 503
341
2,885 6 9, 164
2,423 6 6, 992
105 6 1, 561
827,310
821 158
8 4, 143
8 27,187
8 21,258
8 4, 720
5,961
4,598
1,152
6,087
4,768
1,103
5,773
4,609
946
(66)
()
(6)
(6)
r
Revised. 3 1 Annual index.
2 Number of carriers filing
complete reports for 1963
4
and
1964.
Data cover 5 weeks; other periods,
4 weeks.
Based on unadjusted data.
5
7
Quarterly average.
s See note "dV
Based on revised total; monthly revisions not
available.
s Quarterly total.
fRevisions for 1962 are in the Aug. 1963 SURVEY.
9 Includes data not shown.
AEffective 1st qtr. 1965, class I railroads are those having annual operating revenues of
$5,000,000 or more; prior to 1965, those with $3,000,000 or more.
(6)
(66)
()
(6)
. __
(6)
^Beginning Jan. 1965, visits to Canyonlands Natl. Park are included; such 1st qtr. 1965
visits totaled less than 500.
cf Effective Sept. 1964, ocean-cable and radiotelegraph carriers have been classified by FCC
as "international" telegraph carriers; data for month of Sept. 1964 and quarterly data beginning 4th qtr. 1964 cover operations for this group.
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-25
June
Aug.
July
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
AND
CHEMICALS
Inorganic chemicals, production:
1, 155
Acetylene
- -mil. cu. ft
Ammonia, synthetic anhydrous (commercial)
thous. sh. tons__ 556.8
90.2
Carbon dioxide,, liquid, gas, and solid
do
Chlorine gas (100% Cb)
_.
_._.do____ 455. 3
90.0
Hydrochloric acid (100% HC1)_
do
353.6
Nitric acid (100% HNOs)
do
Oxygen (high purity)
mil. cu. ft__ 10, 705
Phosphoric acid (100% PaOs^.-.-thous. sh. tons__ 242.1
Sodium carbonate (soda ash), synthetic (58%
Na2O)
..thous.sh. tons__ 390,1
11.2
Sodium bichromate and chromate
do
484. 5
Sodium hydroxide (100% NaOH)__
do
Sodium silicate (soluble silicate glass) , anhydrous
45.9
thous. sh. tons..
Sodium sulfates (anhydrous, refined; Glauber's
102.7
salt* crude salt cake^
thous sh tons
Sulfuric acid (100% H2SO4)
do - 1, 744, 7
Organic chemicals, production :cf
Acetic acid (synthetic and natural)
Acetic anhydride
A cetyls alicV lie a cid (aspirin)
Creosote oil
mil Ib
do
_ do
mil. gal
1,204
1,258
1,323
1,357
1,378
1,374
1,390
1,408
1,271
1,439
1,425
630.0
636.7
108.9
91.9
491. 1 482.0
100.8
102.3
384.1 306.5
13, 254 12, 538
259.5
271.9
620.2
116.0
483.4
96.6
341.0
12,741
248.5
614.1
112.6
500.4
104.7
355.7
13,476
266.6
589.3
100.6
494.6
103.1
371.6
13, 264
268.6
613. 9
90.9
513.5
107.3
419.5
14, 059
278.6
640.2
81.2
502.5
106.4
420.1
14, 225
275.3
699.6
84.4
523.6
108.7
445.2
14, 652
272.6
679.3
83.6
529.4
114.5
460.1
15, 080
284.1
650.4
80.1
482.1
98.1
409.5
14, 263
272.2
707.2
91.4
548.0
109.2
439.5
16, 321
304.4
'717.6
94.3
533. 0
106.2
415.1
15, 603
324.0
419.5
11.2
503.7
394.4
11.4
508.9
431.6
11.6
537.0
408.9
10.9
517.3
428.6
11.4
539.7
428.3
11.3
525.2
394.0
12.2
557.0
402.6
J1.6
568.4
382. 5
11.4
498.1
436.5
12.2
571.9
415.9
11.2
557.8
46.7
44.1
42.2
48.9
56.1
46.8
1,276
412.6
11.3
518.3
47.1
44.5
36.4
40.5
54.8
57.1
108. 5
1910. 3
107.8
1,861.9
102.9
1,751.4
102.8
1,813.9
108.0
1,853.3
112.1
1,959.0
92.8
116.2
2.4
!9.6
87.5
106.5
2.5
9.8
96.2
111.6
2.1
10.7
81.9
116. 9
1.9
8.4
89.4
123.4
2.2
10.0
94.9
118.3
2.5
9.8
112.6
118.9
2.2
10.6
100.0
135.8
2.5
12.0
U0.3
' 8.7
149. 5
229. 4
12.1
11.9
155.3
229.5
11.0
5.5
154.1
207.8
8.7
10.5
147.4
236.5
7.3
156.3
235.1
(3)
6.4
169.3
252.9
(3)
11.1
150.7
238.6
(3)
7.5
161.4
247.3
26.4
28.6
28.0
31.5
22.9
32.0
26.5
32.3
28.2
31.2
25.3
29.6
26.3
30.1
26.2
27.6
.1
32.7
46.3
.1
31.1
48.5
.1
32.8
44.8
.1
32.2
41.1
.1
31.9
49.9
.1
34.1
56.5
.1
34.0
47.3
57.0
186. 7
45.9
5.6
50.3
183.4
44.8
5.6
51.8
187.0
45.7
5.0
55.1
190.0
47.0
4.7
60.2
188.6
45.9
6.2
69.2
184.3
44.8
7.8
24.7
24.7
3.5
24.2
24.4
3.6
24.7
25.3
2.9
25.4
24.8
3.4
24.7
23.7
4.5
798
67
595
86
827
47
660
60
779
39
592
75
948
63
691
105
r
1
87 1
106,0
2.4
8.2
14.9
DDT
rail.
Ib
*9.8
Ethyl acetate (85%)
do
1
138. 3
Ethylene glycol
do
Formaldehyde (37%HCHO)
do __ ^H.4
Glycerin, refined, all grades:
25.3
Production
do
24.3
Stocks end of month
do
Methanol:
.1
Natural
.rail.
gal_.
29.3
Synthetic
do
*38.2
Phthalic anhydride
mil. Ib
ALCOHOL
Ethyl alcohol and spirits:
57.7
Production
mil. tax gal
171.5
Stocks, end of month
do
44.4
Used for denaturation
do
5.3
Taxable withdrawals
do
Denatured alcohol:
23.9
Production
mil. wine gal
24.0
Consumption (withdrawals)
do
3.0
Stocks end of month
do
FERTILIZERS
625
Exports, total 9 __
»_____thops.sh. tons
55
Nitrogenous materials
do
488
Phosphate materials
do
59
Potash materials
_ - _ _-_
do
1
1
1,420
1 401
r
721. 5 707. 9
107.7
119.0
544.7
524.5
107.4
104.1
351.5
291. 4
r
15, 314 15, 057
338.1 350.9
r
406. 8
12.4
569.4
398.5
11.6
549. 7
46.6
45.7
114.3
104.0
111.2
115.5
112.4
114.9
119.6
105 3
1,933.5 2,037.1 1,957.9 1,931.9 2, 044. 2 2, 101. 2 2, 116. 3 2, Oil. 0
114.9
2.4
28.2
114.7
2.0
7.9
126.7
2.5
10.3
117. 0
2.4
10.0
116.5
2.3
10.4
134.0
1.9
9.3
10.7
3.3
11.3
8.8
11.1
9.1
12.8
8.1
13.7
10.1
13.4
8.7
234.4
229.4
264.3
256.7
250.3
263.0
31.8
32.6
26.2
37.3
30.7
32 2
25.1
27.6
31.4
30.1
31.6
25 5
.1
37.7
49.2
.1
36.1
46.9
.1
31.7
42.7
.1
33.2
50.8
.1
36.1
48.6
.1
r
37.4
»-51.3
.1
37.2
45.2
60.7
188.7
47.1
6.7
59.7
192.9
46.3
5.5
51.5
186.3
50.7
4.9
54.6
191.7
43.5
4.9
84.2
191.2
55.6
6.6
54.0
187.0
52.2
5,6
58.9
190.4
50.8
5.3
24.5
25.6
3.4
25.4
24.7
4.0
24.9
25.5
3.4
25.6
26.4
3.3
23.4
22.8
4.0
31.0
29.6
5.0
28.0
28.8
6.0
29.2
27.5
5.8
936
101
659
108
1,044
117
817
91
744
44
522
122
1,038
135
721
129
4532
428
4408
459
525
39
430
43
874
44
687
89
1,067
116
826
68
835
107
650
57
1,026
78
828
77
(3)
- do
do
___do _„_
do
„_ _do
205
21
20
73
34
233
17
15
100
30
180
11
7
34
50
124
14
4
42
18
224
21
7
117
23
227
20
12
104
25
219
19
14
116
25
239
16
16
119
24
237
12
14
112
30
11
23
99
26
9
24
123
23
14
30
159
33
17
28
204
72
17
11
133
32
12
8
71
42
Potash deliveries (KgQ)
__
do
Superphosphate and other phosphatic fertilizers
(100%P205):
Production
.
__thous. sh. tons
Stocks, end of month.
,
.do „
227
257
66
151
355
189
296
181
196
357
206
348
459
301
116
269
419
289
379
261
346
237
402
256
417
258
396
296
373
289
407
294
431
303
400
295
395
333
336
353
224
343
220
306
330
Imports , total semimanufactures* 9 Ammonium nitrate
Ammonium sulf ate
„
Potassium chloride
Sodium nitrate
.
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder.
thous. Ib
High explosives.
do
Paints, varnish, and lacquer, factory shipments:
Total shipments
_
mil $
Trade products
do
Industrial finishes _
..
do
Sulfur, native (Frasch) and recovered:©
Production
_ _ thous. Ig. tons
Stocks (producers') , end of month
do
PLASTICS AND EESIN MATERIALS
Production:
Cellulose plastic materials.
___._.. mil. Ib
Thermosetting resins:
Alkyd resins
do
Coumarone-indene and petroleum polymer
resins _
mil Ib
Polyester resins.
do
Phenolic and other tar acid resins.
do
Urea and melamine resins. _ _ _ _ _ _ _ _ _ _ _ _ _ d o
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. lb__
Vinyl resins (resin content basis). „„_„„__ do..
Polyethylene
____„
do
5236
8284
195
s 301,665 5320,403 334, 018
166.8
97.8
69.1
197.8
119.5
78.3
183.1
115.6
67.5
181.3
111.5
69.8
176.4
104.2
72.2
163 1
95 3
67.8
145 8
80 7
65 1
133.7
66.2
67.5
141.3
74.7
66.6
i486
4,875
'•521
4,660
505
4,648
515
4,637
533
4,659
510
4,665
476
4,588
553
4,562
596
4,403
610
4,476
13 6
14.8
14.2
10.3
p
155.9
85 9
70.0
184 4
101 8
82 6
191 9
110 3
8L6
201 8
121 9
79 9
560
4, 500
614
4 451
594
4 333
625
4,273
12 1
14 6
14 2
14 3
12.7
13.4
13.7
11.3
12.1
14.6
50. 5
145.4
49.8
45.5
49.2
45.5
45 7
38 2
39.0
41.9
44 4
53 9
51 1
49 7
1
29.5
1
128.3
125.7
167.8
143.9
27.7
26. 7
65.5
43.1
27 5
23.3
53.8
37.4
25 3
25.8
70.4
44.1
34 4
26.8
70.4
47.1
32 0
28 4
75 1
49.1
27 2
25 1
68.0
44.2
25 3
25.9
69.0
45. 3
24 8
24.5
69.2
43.0
25 4
28 9
68.8
43.6
29
33
80
47
9
9
2
5
28 7
34 5
76 4
r
44.2
26 1
33 5
71.8
46.9
i1 144. 8
169.5
i 217. 1
147.5
170.9
215 9
129.2
156.8
216 8
144.8
177.9
221 0
143.4
171.4
227 3
150.1
190 4
215 0
155.1
174.5
216 8
158.0
178.4
223 8
159.8
182 2
229 1
145.5
168 8
216 2
171 9
194 4
241 2
165 4
190 8
237 8
167.7
181 5
256 9
1
21. 2
161.7
143.2
1 124. 5
146. 7
U89 2
1
160
387 057
310
279 164
8157.5
893.8
663.7
r
Revised.
i Based on annual total containing revisions not distributed by months.
Beginning Jan. 1965, data exclude creosote in coal-tar solutions 4(formerly included); these
averaged
927,000
gallons per month in 1964. a Not available.
See note "O" for p. S-21.
6
Quarterly average.
8 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 on p. S-25
of the Feb. 1964 SURVEY.
2
321
337, 431
289
347,691
216 9
129 6
87 3
cf 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.
0Monthly data for 1952-62 (1962 revised) appear on p. 28 of the Dec. 1964 SURVEY; production for Aug. 1957 should read 517,000 long tons.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
August 1965
1964
| 1964
Monthly
average
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial) , total O
mil. kw.-nr_- 84, 007
76, 177
Flectric utilities total
-do
62, 393
By fuels
do
13, 784
89, 900
81,646
66, 986
14, 660
90, 585
82, 294
68, 341
13, 953
95, 724
87,606
73, 343
14,263
94, 949
86, 647
72, 763
13, 884
89, 465
81, 376
68, 319
13, 057
89, 382
80, 941
66, 907
14, 034
87, 976
79, 753
65,600
14,153
95, 713 1 96, 621 88, 136 '96,601 90, 336
87, 222 187,979
80, 206 '87,839 81, 852
71, 046 11 70, 729 64,447 '70,490 64, 997
16, 176 17, 250 15, 759 ' 17, 350 16, 856
93, 320
84. 745
68, 134
16, 610
96, 142
87, 761
72, 023
15, 738
62, 096
14, 081
66, 942
14, 703
67, 960
14, 334
72, 645
14, 961
71, 588
15, 059
67, 340
14,036
66, 667
14, 274
65, 530
14,223
71, 455 1 71, 187
15, 767 U6,792
67, 036
14, 816
68, 959
15, 786
71,916
15,885
7,830
7,567
263
8,254
7,989
265
8,292
8,045
246
8,118
7,892
226
8,302
8,084
218
8,089
7,872
217
8,441
8,197
245
8,224
8,003
221
8, 491 18,642
8,227 18,364
264
1278
' 8, 762 8,484
' 8, 450 8,173
'312
311
8,575
8,257
319
8,381
8,126
255
do — 69, 234 74, 196 72, 775
13,876 15, 270 15, 551
do
32,367 34, 113 34, 675
do
393
389
366
20, 141 21, 834 19, 639
691
646
589
__«do__...
do.... 1,683 1,746 1,780
149
133
174
75, 827
78, 514
77, 433
73, 925
72, 557
76, 100
78, 718
77, 124
77, 852
76, 693
17, 194
33, 749
17, 781
34, 829
17, 133
35, 080
15, 496
34, 749
14, 339
34, 718
15, 001
34,802
15, 265
34, 382
15,060
33, 944
15, 171
35, 485
15, 170
35, 677
359
21, 972
599
1,779
174
357
22, 966
638
1,774
169
367
22, 323
680
1,690
160
377
20, 648
734
1,767
155
425
20, 413
789
1,724
148
432
23, 110
822
1,790
144
449
25, 812
865
1,809
136
441
429
25, 058 24, 096
716
763
1,771 1,764
134
143
393
22,882
660
1,771
140
10.05
9 24
12 24
11.21
10 21
12 51
Privately and municipally owned util.— do
Other producers (publicly owned)
do
Bv fuels
-
do
Sales to ultimate customers, total (EEI)
Commercial and industrial:
Small light and power§
Large light and power§...
Street and highwav lighting
Other public authorities...
65,049 '71,185
15, 157 '16,655
7,930
7,655
275
Revenue from sales to ultimate customers (Edison
Electric Institute)
- - -mil. $-- 1, 141. 4 1, 200. 7 1,178.5 1,236.5 1, 272. 4 1,256.9 1, 201. 6 1, 171. 3 1, 221. 4 1,262.8 1, 240. 2 1,232.4 1, 215. 6
GAS
Manufactured and mixed gas (quarterly) :o"t
Customers, end of quarter, total?
thous—
1, 540
1, 439
99
988
920
67
1,162
1,081
80
792
739
52
801
747
53
785
734
51
495
336
155
387
249
142
369
217
150
156
68
88
357
232
146
553
367
186
59.0
44.3
14.4
42.2
30.2
11.8
42.4
29.4
12.8
16.6
9.9
6.7
34.5
24.3
9.9
51.4
36.5
14 9
thous-- 33, 940
do — 31, 207
2,695
-do
35, 402
32, 516
2,848
34,999
32, 163
2,797
35, 338
32, 516
2,783
36, 168
33, 184
2,945
36, 438
33, 418
3 020
mil. therms— 26, 412
do. .- 8, 828
16, 279
-do
28, 658
9,360
17, 736
26, 699
7,851
17, 378
21, 263
3,160
16, 673
28,699
9,336
17, 810
38, 799
17, 577
21, 222
1,620.6 1,738.8 1, 579. 9
886.2 988.7
819.6
712.3
748.4
689.0
1, 081. 9
425.1
613.3
1, 760. 6
947.2
760.8
2, 624. 5
1 620 1
1 004 5
"RosH^Pntlfll
dO
Industrial and commercial
Sales to consumers, tota!9
Residential
Industrial and commercial
do
mil. therms- do
do
Revenue from sales to consumers, total 9
Industrial and commercial
Natural gas (quarterly) :d*t
Customers end of quarter, total 9
Residential
Industrial and commercial
Sales to consumers, tota!9
Residential
Industrial and commercial
mil.$do
Revenue from sales to consumers, total9-.mil. $
Residential
- do
Industrial and commercial.
do
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8.39
Production
mil. bbl—
Taxable withdrawals
_
do —
7.82
Stocks, end of month
do
10 76
Distilled spirits (total):
Production
mil. tax gal— 12.50
Consumption, apparent, for beverage purposes
mil. wine gal— 21.58
Taxable withdrawals.
.mil. tax gal- 10.35
Stocks, end of month
do
876. 90
3 82
Imports
_
_.
mil. proof gal
Whisky:
Production
mil. tax gal-8.74
Taxable withdrawals
_
do
7.08
Stocks, end of month
do
852. 54
Imports
mil. proof gal
3.35
Rectified spirits and wines, production, total
7.24
mil. proof galTrrv.. ,
Whisky
do ..
5.27
Wines and distilling materials:
Effervescent wines:
Production
mil. wine gal.40
Taxable withdrawals
do
35
Stocks, end of month
do .. 3.00
Imports
do —
.09
Still wines:
Productiondo
16 86
Taxable withdrawals
_ .do
13.11
Stocks, end of month
do. .. 185. 03
Imports
do
1 11
Distilling materials produced at wineries... do
39.41
8.82
8.22
11 07
10.31
9.48
11 93
11.54
10.92
11.77
9.88
9.40
11 56
7.73
7.65
10 68
6.95
7.03
10.13
8.10
7.71
9 99
7.75
6.54
10.73
7.34
6 32
11 30
9.84
8 58
11 93
9.22
8 43
12 08
15 93
13.58
12.79
8.65
9.13
14.36
17.07
16.07
15 53
15.03
13 96
15 72
14 44
23.00
11.10
868. 76
4 22
22.03
10.98
873. 92
4 16
20.94
9.51
871. 904
3 7
20.71
10.62
866. 18
3 58
22.02
12.04
863. 74
4 69
26.18
14.79
860. 08
5 86
27.84
13.30
859. 49
6 07
34.24
10.16
862. 42
5 70
19.21
9.82
864. 86
3 12
18.98
9.85
866 37
3 31
24.06
22.64
10.93
10.95
868. 44 '870 39
5 06
4 66
22.49
11.30
871 04
3 96
4 58
9.41
7.45
841. 75
3 40
8.46
6.56
846 81
3 71
5.03
5.72
844. 27
2 85
5.41
6.68
839. 97
3 07
9.69
8.41
837. 21
4 00
11.06
10.85
832 56
5 19
10.40
9.60
830 05
5 46
11.42
6.83
832 18
5 07
11.36
6.71
834 46
2 76
10.66
6.98
835 K"2 Qg
12.27
7.36
837 95
4 31
11.50
6.86
840 22
4 10
10.05
6.92
840 97
3 43
3 93
7.68
5 46
7:27
4 92
6.35
4 33
6.69
4 58
8.42
6 10
10.95
8 26
9.74
7 24
7.65
5 19
6.37
4 14
6.47
4 45
7.51
5 12
7.42
5 06
7.24
4 88
49
45
3.17
10
68
43
3.49
09
27
28
3.46
07
42
35
3.49
07
43
50
3'. 38
09
59
67
3.25
16
50
72
3.00
20
50
75
2.66
13
44
38
2.69
06
68
3.05
06
77
42
3.36
13
54
41
3.47
10
3.569
I
66
51
3.62
10
1 92
85
13.25
10.42
150 89 139 42
1 21
1 02
3 12
12^27
130 04
1 09
59 12
13.84
177 81
91
95 09
15.38
251 82
1 39
13 27
15.01
243 53
1 oa
6 68
14.66
231 23
1 54
3 05
16. 25
193 14
1 A.1
3 73
14.20
179 75
I or
3 28
12. 22
170 56
1 97
13.59
T%7 m
1 97
1.40
9.84
132.38
146. 22
35.19
18.26
4.01
2.39
3.79
3.42
16 10
13.73
188 82
1 21
30.59
.86
' Revised.
1 Beginning Jan. 1965, data include Alaska and Hawaii
©Revisions for months of 1962 appear on p. 24 of the Mar. 1964 SURVEY; those for the
months of 1963 on p. 28 of the Apr. 1965 SURVEY.
§Data are not wholly comparable on year to year basis because of changes from one size
classification to another.
8.40
8.27
11.13
3 36
12.35
98
3 04.
12.68
91 Q 1 K
907 1Q
C1
0A
3.48
5.18
57
AA
9 *vl
cfThe averages shown for gas are quarterly averages.
{Revised data for 1st and 2d qtrs. of 1962 appear in the Sept. 1963 SURVEY; those for 1st and
2d qtrs. of 1963 will be shown later.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
August 1965
1964
1964
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
S-27
June
July
Aug.
Sept.
1965
Oct.
Nov. 1 Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) J
Stocks cold storage end of month
Pri/»o wVinlAcalo Q9 snnrp fN -Y" ")
_
mil. lu__
do
118.3 ' 120. 2 ' 143. 2 '111.4
328.4 179.7 234.9 243.7
.590
.599
.591
.587
'95.0
221.2
.604
'86.3
180.9
.623
95.0
149.2
.616
'95.8 ' 121. 0 ' 132. 8 ' 126. 0 ' 141. 6 ' 140. 2 '146.4
135.8
98.9 132.1 165.8 '207.9
95.3
66.5
63.1
71.0
.604
.629
.587
.598
.587
.587
.595
.599
mil. lb__
-do
136.0 ' 143. 1 ' 177. 6
92.4 '96.9 ' 128. 2
151.0
108.7
140.8
97.7
128.9
86.7
128. 5
83.6
122.3
76.9
132.1 ' 132. 7 '128.3 '153.1 ' 162. 1 '179.3
83.6 '87.1 ' 83. 7 ' 100. 5 ' 110. 8 '129.2
385.0
344.9
6.9
344.1
302.4
6.5
381.8
339.2
5.4
398.6
353. 1
3.6
386.1
338.6
4.6
363.5
318.6
6.9
345.1
302.5
6.6
335.2
292.8
9.3
326.0
283.6
8.6
311.8
271.4
1.5
298.8
259. 7
6.1
292.4
252.3
9.4
310. 9
271.6
8.0
.426
.434
.421
.428
.431
.446
.451
.451
.455
.450
.444
.444
.441
$ Der lb
Cheese:
Production (factory) total t
American whole milkt
Stocks, cold storage, end of month, total
American whole milk
do
do
Price, wholesale, American, singfe daisies (Chicago)
$perlb._
Condensed and" evaporated milk:
Production, case goods:!
m
Condensed (sweetened)
mil lb
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of mp.:
Evaporated (unsweetened)
do
Exports:
Condensed (sweetened).—
do
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
Evaporated (unsweetened).
._$ per case..
Fluid milk:
.
Production on farms
mil. lb__
TTtili/ation in mfd dairv productsc?
do
Price wholesale IT S average
$ per 100 lb
Drvmilk:
Production: t
Dry whole milk
mil. lb
Nonfat drv milk (human food)
do
Stocks, manufacturers', end of month:
T)rv whole milk
do _ _
Nonfat drv milk (human food)
do
Exports:
T)rv whole milk
do
Nonfat dry milk (human food)
do
Price, manufacturers' average selling, nonfat dry
milk (human food)
__$perlb__
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) .. .mil. bu—
Barley:
179.8
128.8
342. 1 ' 378. 7
299.3 ' 333. 2
7.0
6.3
.439
7.9
9.3
'8.2
'8.7
'7.2
7.8
10.5
10.1
9.4
4.6
7.2
6.6
8.0
157.3 '203.8 ' 183. 0 ' 172. 4 ' 145. 1 '131.8 ' 114. 2 ' 127. 3 ' 122. 5 120. 5 ' 133. 1 ' 149. 4 ' 183. 7
5.4
180.8
6.6
162.9
8.5
173. 9
9.6
208.2
9.4
249.7
9.9
286.3
9.6
231.1
10.3
227.3
8.3
219.5
6.9
185. 3
7.3
154.5
5.8
123. 8
5.7
99.8
7.0
113.6
7.7
165.9
7.9
199.0
4.7
5.4
5.2
3.1
5.4
3.0
5.4
3.3
6.8
3.1
3.9
5.3
4.6
5.9
6.8
1.9
6.5
1.3
15.3
12.1
5.9
5.1
7.0
6.3
6.08
6.09
6.09
6.09
6,. 09
6.09
5.99
5.93
5.93
5.93
6.00
6.09
6,07
6.07
10, 417 10, 550 11, 820 10,874 10,235 9,636 9,700
9,991 10, 342 9, 796 11, 155 11,416 12, 300 '11,773
9,419
5,099 ' 5, 240 '6,556 '5,636 ' 4, 942 ' 4, 342 ' 4, 286 ' 4, 086 ' 4, 768 ' 5, 075 '4,939 ' 5, 765 ' 5, 942 ' 6, 435 6,354
3.94
4.09
4.17
4.11
4.16
4.46
4,,29
4.33
4.50
4.37
3.89 ' 3. 86
3.79
4.53
4.02
7.6
174.7
5.7
95.0
'7.3
'6.2
'6.4
'6.7
'181.4 ' 239. 6 ' 181. 4 '150.1
6.4
6.4
104.7 ' 129. 4
'7.2
'8.3
'8.5
' 7. 5
'8.5
'8.7
'7.4
'8.1
'7.6
121.7 ' 127. 2 ' 135. 9 ' 177. 2 ' 186. 0 ' 183. 3 ' 203. 4 ' 217. 3 '244.6
6.2
127.3
5.9
114.4
6.0
94.7
6.3
87.4
6.0
92.5
7.0
106.7
7.6
117.4
7.7
127. 7
6.7
114.6
8.8
123. 2
7.7
153.3
.6
107.1
2.4
93.5
.9
65.5
6.1
65.1
.8
51.5
.7
66.9
1.1
49.7
1.7
18.3
1.2
7.6
2.2
11.1
1.8
51.0
2.7
30.3
.144
.146
.146
.143
.146
.148
.148
.146
.146
.145
. 146
.144
.145
,145
.145
103.4
118.3
96.5
91.5
99.4
115.1
115.4
132.9
153.3
i 29.8
114.8
120. 4
127.0
10.2
7.6
310.2
190.4
119.9
4.3
U.2
2 405. 6 2 403. 1
3 285.9 3271.8
3 166.9 3161.0
3 119. 0 3110.8
4.8
6.1
4
133.9
4
60. 9
4
4.00
7.8
154.9
1.6
69. T)
142.4
10,888
7.7
224.9
2.5
44.6
67.3
397.4
349.6
.439
6.6
158.1
6.01
219.4
4
2.5
205 0
107.2
97.8
2.3
3.7
7.8
61. 6
9.3
102 5
« 364. 2
73.0
7.7
2.0
3.4
409 6
260.9
148.7
6.0
1.21
1.13
1.19
1.11
1.18
1.08
1.16
1.06
1.23
1.17
1.26
1.19
1.25
1.20
1.25
1.19
1.27
1.21
1.31
1.25
1.31
1.23
1.33
1.23
1.39
1.32
1.39
1.27
1.34
1.23
Corn:
Production (crop estimate, grain only)._mil. bu_. 24,092 2 3, 549
15.4
16.1
17.0
15.2
15.7
15.9
16.6
15.6
14.7
16.7
15.9
17.5
16.8
17.3
17.1
«3,912
16.8
17.7
40.3
2,836
1,897
939
68.1
42.1
46.3
1 926
1 265
661
57.5
1.26
1.28
1.29
1.26
1.31
1.28
1.33
1.31
1.36
1.31
1.34
1.28
Stocks (domestic), end of quarter, total. ___.do
Xff fn mt
---•'
Exports, including malt§
Prices, wholesale (Minneapolis) :
No 2 malting
No 3 straight
do
$perbu_.
-do
1.19
1.11
Stocks (domestic), end of quarter, total
mil. bu._ 3 2,720 '32,780 ' 2, 387
3 1,786 '31,814 ' 1, 524
On farm^
do
3934
3966
863
Off farms
do
40.1
36.6
28.0
Exports, Including meal and
flour
- do. __
Prices, wholesale:
1.24
1.23
1.26
No 3 yellow (Chicago)
$ per bu
1.23
1.20
1.24
Weighted avg., 5 markets, all grades
do
Oats:
Production (crop estimate)
Stocks (domestic), end of quarter total
On farms
Off farms
4
32.8
42.9
1,4 510
655
4
855
39.5
1.22
1.21
1.25
1.23
1.26
1.25
44.3
57.4
3,922
2,784
1,138
45.0
1.21
1.22
1.17
1.20
1.24
1.25
mil. bu..
do
do
do
2979
3620
3545
376
2882
3604
3519
386
Exports, Including oatmeal
.do
Price, wholesale, No. 2, white (Chicago) t
iperbu..
.9
.4
.6
.3
.6
.8
.9
.5
.4
.73
.70
.66
.65
.68
.71
.71
.72
.77
44
53
361
76
83
56
87
49
4
4
315
252
63
Rice:
Production (crop estimate)
mil. bags9— . 270.3 273.1
California mills:
122
127
62
68
Receipts, domestic, rough
mil. lb__
66
85
85
42
42
55
Shipments from mills, milled rice.
do
Stocks, rough and cleaned (cleaned basis), end
132
123
54
56
74
of month
mil. lb
Southern States mills (Ark., La., Tenn., Tex.) :
462
438
135
717
58
Receipts, rough, from producers
mil. lb—
270
308
168
199
208
Shipments from mills, milled rice.-do
Stocks, domestic, rough and cleaned (cleaned
997
1,045
372
296
basis), end of month
_
mil. lb._
559
220
248
122
79
Exports
do
237
'.086
.088
.088
Price, wholesale, Nato, No. 2 (N.O.)
$ per lb.. .093
.088
Rye:
Production (crop estimate)
mil. bu._ 229.2 233.5
4
315.0 316.8
Stocks (domestic), end of quarter, total
do
5.3
1.28
Price, wholesale, No. 2 (Minneapolis) _._$ per bu.. 1.30
1.28
1.19
1.20
'2 Revised.
» Preliminary. 3 1 See note "O" foi
• p. S-21
Quarterly averag<
4 Crop estimate for the year.
Old crop only; new crop not reported until begirming of ilew crop year (July for barley,
oats, rye, and wheat; Oct. for corn.
s Less than 5C,000 bu.
{Re visions are available upon request as follows: Jan. 196] -June 18 62 and Jan.-May 1963
for cheese and nonfat dry milk; Jan.-June 1962 and J an.-May 1963 for butter and condensed,
evaporated, and dry whole milk.
712
624
88
873
753
120
4
4
40. 8
4
4
4
474
403
71
283
221
62
«888
4
.78
(s)
.72
(6)
.74
(0
.77
.77
.74
121
58
186
182
197
114
158
151
125
134
82
45
(15)
1.33
1.26
.5
.72
« 72. 4
28
183
180
185
210
161
189
150
91
98
1,348
335
1,758
436
407
308
258
329
306
270
158
175
101
438
102
341
62
275
66
422
1,122
160
.083
1,844
200
.083
1,818
154
.083
1,670
273
.083
1,615
117
.083
1, 535
16
.083
1,225
55
.083
945
161
.084
718
392
.084
374
247
P. 084
« 30. 9
4
29.7
21.2
'17.6
12. 5
1.27
1.25
1.21
1.21
1.18
1.17
1.18
1.14
1.16
1.11 """I." 16"
cf Revised series; data reflect inclusion of creamed cottage cheese and frozen products
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-62 revised
series) appear on p. 24 of the Mar. 1964 SURVEY.
§Excludes a small amount of pearl barley,
f Revised series (for No. 2; formerly, for No. 3).
9 Bags of 100 lb.
« August 1 estimate of the 1965 crop.
SURVEY OF CURRENT BUSINESS
S-28
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
August 1965
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GEAIN AND GBAIN PRODUCTS— C©n.
Wheat:
Production
(crop estimate), total. — ....mil. bu__ 31,142 U,290
1234
1266
Qrwfno 1 wTiaafr
do
1908 U,025
2337
2364
305
380
362
304
328
do... _ 2 1. 564 2 1, 342
2253
2281
21,311 21,061
ClO
3901
375
3826
1,812
506
1,306
1,450
390
1,060
1, 146
264
882
3819
3133
3686
468.4
62.2
60.0
54.8
56.3
52.8
52.3
44.6
68.5
60.4
59.9
51.5
67.4
61.9
71,7
04. 8
820.8
819.7
24.5
22.6
71.8
69.1
68.8
62.3
65.4
62.6
59.7
56.1
2.38
1.53
1.58
1.70
1.55
1.59
1.74
1.58
1.69
1.80
1.63
1.72
1.84
1.66
1.75
1.84
1.68
1.75
1.82
1.65
1.71
1.80
1.63
1.70
1.80
1.61
1.69
1.80
1.57
•1.69
1.81
1.54
1.67
1.81
1.52
1.65
1.81
1.46
1.61
27, 057
111.0
507
61,557
14, 947
58.7
283
34, 215
20, 835
89.7
390
47, 324
23, 329
100.6
435
52,968
25, 017
102.9
462
56, 463
22,311
101.0
416
50, 765
21, 104
86.6
396
47, 910
20, 166
92.7
377
45, 750
18, 102
'83.3
336
41,042
22, 629
89.8
419
51, 068
20, 128
83.3
373
45, 511
19, 656
89.5
364
44, 331
23, 500
97.1
433
53, 168
5,354
2,249
1,540
3,289
4,840
2,620
3,606
2,347
5,068
2,956
8467
812
4,709
1,185
2, 792
1,195
4,846
1, 554
5.783
5.333
5.983
5.643
5.765
5.510
5.673
5.487
5.735
5.493
5. 773
5.477
5.623
5. 387
5.610
5.387
5.585
5.310
5.560
5.303
5.585 ' 5. 573 p 5. 740
5.280 " 5. 260 p 5. 360
Stocks (domestic), end of quarter, total
A-PF farrriG
59.7
53. 3
Prices wholesale:
No 1 .dark northern spring (Minneapolis)
2.06
2.42
$ per bu__
1.86
2.20
No 2, fad. and dk.hd. winter (Kens. City) -do
1.92
2.33
Weighted avg., 6 markets, all grades.... do.. ..
Wheat nonr:
Production:
/inn IK \
Flour
thous. sacks (100 lb.)__ 21, 991 22, 137
93.5
92.6
412
407
Offal
thous. sh. tons..
50,
181
49,
976
Grlndlnesof" wheat
....thous. bu._
Stocks held by mills, end of quarter
2
5,
276
2
4,
710
thous. sacks (100 lb.)__
2,629
2,808
Prices , wholesale:
Spring, standard patent (Minneapolis)
5.652
"
$per!001b__ 5.639
5.390
Winter, hard, 95% patent (Kans. City)— do— • 5.365
« 1, 354
c 284
«1, 070
1.86
1.50
1.64
Cattle and calves:
Slaughter (federally inspected) :
Calves
.thous. animals. _
Cattle
•
^
Receipts (salable) at 27 pnblic markets
.do
Shipments, feeder, to 8 corn-belt States
do.—
Prices, wholesale:
Beef steers (Chicago)
._$ per 100 lb_.
Steers, stocfcerand feeder (Kansas City)._do
OR,IVP*? veale**s (Natl Stockvards 111 ) do
378
1,805
1,173
551
402
2,094
1,231
591
385
338
2,162
2,207
1.257 "1,201
359
"260
384
2,125
1,228
588
453
2,199
1, 301
861
514
2,359
1,619
1,286
442
2,111
1,528
1,309
449
2,254
1,245
527
404
2,166
1,207
428
384
1,919
965
279
473
2,226
1,- 113
332
411
2,021
911
354
378
2,219
1,152
328
1,045
23.79
22.95
30.00
22. 86
19.79
26.21
21.37
18.92
23.50
23.15
18.81
23.00
24.94
19.30
22.50
25.82
19.79
25.00
24.88
19.33
20.00
24.42
19.18
24.50
23. 76
18.80
25.00
23.83
19.88
28.50
23.50
19.85
30.50
23.80
21.31
27.50
27.44
25.01 26.40
22.04. 22.68
23.88
29.50 " 27. 00 v 27. 51
26.71
23.22
Slaughter (federally Inspected) ....thous. animals. _
"Receipt* (salable) at 27 public markets
do
5,965
1,646
5,972
1,593
5,038 4,928
1,443 -1,405
4,841
1,294
5,630
1,506
6/804
19860
6,546
1,750
6,648
1,768
6,047
1, 527
5,301
1,294
6, 534
1,480
5,802
1,274
4,719
1,199
4,717
1,260
1, 090
15.03
14.92
15.22
15.88
16.21
16.40
15.13
14. 07
14.94
15.58
16.56
16.72
17.26
19.86
22.26
23.09
13.6
13.2
12.8
14.3
14.1
13.8
13.7
13.5
13.0
13.4
14.0
13.8
13.7
16.0
18.1
18.9
1,163
444
200
1,079
370
212
1,056
337
154
1,118
'343
179
1,020
385
314
1,141
511
433
1,213
551
394
997
394
134
1,053
336
134
1,062
278
122
850
209
129
986
227
133
989
199
136
918
229
116
966
294
136
278
18.69
617.83
21.93
« 19. 82
23.75
(7)
23.38
(7)
23.50
(7)
22.50
(7)
20.50
& 20. 31
19.75
20.62
H9.62
22.25
(7)
23.88
(7)
25.00
(7)
23.25
(7)
26.50
(7)
26.00
(7)
24.75
t7)
2,292
2,473
2,404
2,332
2,221
2,405
2,754
2,553
2,665
2,518
2,187
2,595
2,352
2,165
2, 288
592
45
122
723
55
91
826
56
126
724
49
75
532
50
79
582
62
76
665
56
82
702
65
86
703
681
33
63
689
68
108
675
44
72
610
44
87
"493
37
81
Wholesale, average, all grades (Chicago)
$perl001b...
Hog-corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)
—. —
—
Sheep and lambs:
Slaughter (federally inspected). ..thous. animals- Receipts (salable) at 27 public markets
do
Shipments feeder, to 8 corn-belt States
do
Prices, wholesale:
La^rbs average (Chicago)
__$ per 100 Ib
Lambs, feeder, good and choice (Omaha). do
(7)
340
2,043
995
367
MEATS AND LAUD
Total meats:
Production (carcass weight, leaf lard in), Inspected
slaughter
_ __. - _ _
mil. Ib.
Stocks (excluding lard), cold storage, end of
month
- -_
mil. Ib
Exports (meat and meat preparations) t
do
Imports (meat and meat preparations) j — d o _ ~ _ .
621
48
106
816
41
Beefand veal:
Production, inspected slaughter..
do . 1,137.4 1,304.4 1,384.8 1, 336. 5 1,278.0 1,323.3 1,421.3 1.271.7 1, 370. 4 1, 341. 5 1, 187. 8 1, 365. 8 1, 235. 4 1, 238. 9 1, 329. 5
StocKs, cold storage, end of month..
do
291.4
305.2
300.4
296.3 300.9
258.8
217.2
267.0
274.3 303.5
328.5
267.8
235. 1 215.7 r 181. 6
6
Exports..
do
5.0
2.4
15.6
3.8
3.1
2.4
2.3
4.8
3. 4
7.6
2.2
3.7
4.2
6.0
5.8
Imports.
__
do
99.6
30.5
66.3
92.0
99.9
58.1
70.1
53.5
73.0
59.2
'61.8
72.4
38.5
39.2
53.6
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs. ) (New York)
__
$ per 1 b
.408
.430
.384
.400
.403
.403
.417
.398
.424
.419
.404
.446
.462
.418
.408
Lamb and mutton:
Production, inspected slaughter
mil Ib.
48.3
51.0
46.2
52.4
55.6
52.6
52.0
53.7
43.2
50.1
45.2
57.3
49.4
48.9
44.7
StocKs, cold storage, end of month....
do....
18.2
17.3
19.5
16.2
15.3
12.3
16.1
13.1
11.2
11.0
13.7
11.4
13.0
10.6
"9.91
435
172.1
.446
10.2
Pork (including lard), production, Inspected slaughter
944.4
1, 099. 0 1, 116. 6 970.9
896.9 1, 029. 2 1,275.3 1,232.7 1,241.7 1, 122. 9
956.3 1,179.3 1, 067. 5 881.3
mil Ib
894.0
Pork (excluding lard):
Production, inspected slaughter
do
743.6 733.6
856.6
870.4
694.7 809.7 1, 000. 5 972.8 972.8
882.8 751.4
937.6
848.6 692. 5 697.7
Stocks, cold storage, end of month .....
do
279.2 333.0 412.9
321.4
184.0
283.6
318.9
229.1
307.9
334.8 334.8
221.7
275.0
292. 0 " 223. 5
173.6
Exports
do
12.9
8.6
5.9
5.5
11.1
11.5
6.6
« 2. 6
5.8
7.3
3.5
8.9
4.3
"4.6
3.8
Imports
do
17.0
17.6
7.4
17.8
15.9
17.9
17.5
22.1
20.6
18.1
27.7
26.8
17.3
21.0
18.6
Prices, wholesale:
Hams, smoked, composite
.... $ perlb
.448
.464
.453
.475
.465
.483
.458
.462
.475
.498
.463
.485
.472
.498
.531
Fresh loins, 8-12 ib. average (New York) do
.503
.443
.461
.513
.443
.503
.478
.403
.460
.454
.512
.401
.452
.453
T
.587
.571
Lard:
Production, inspected slaughter
mil. lb_. 176.4
165.7
155.5
189.4
147.8
159. 3
149.4
200.7
190.2
195.8
174.8
175.4
159.4
143.5
137.7
Stocks, dry and cold storage, end of mo. . do
125.4
96.3
98.1
104.2
89.1
68.2
82.4
127.1
103.8
150.9
131.1
92.9
143, 1 146.9 " 107. 3
Exports
do
46.4
44.8
91.1
45.8
46.3
42.6 822.9
56.8
54.9
38.0
20.0
63.5
18.4
29.9
13.8
Price, wholesale, refined (Chicago)
$per Jb._
.131
.130
.122
.135
.131
.136
.148
.156
.160
.140
.148
.149
.148
p. 144
.150
'1 Eevised.
» Preliminary.
}Re vised eff ective Jsin. 1961 toa accordsince witr the Staiadard In ternation al Trade ClassiCrop estimate for the year.
2 Quarterly average.
ficatio n (SITCJ) group!ng of ite ms; this groupingI exclude s lard (iiicluded nformei export
3
Old crop only; new grain not reported until begi fining of new crop year (Jtily for w heat),
series) and satisage casings (fontnerly in eluded) but inckides mea t extract
s, etc. (f(Mrmerly
* Beginning Jan. 1964. flour included in total is ccmverted to grain equivalc,nt on bsis is of
exclu(led). D ata for J an. 1961- Aug. 196 2 are a\Bailable \ipon req uest. a Beginnirig July
2.33 bu. of wheat to 100 Ib. of flour (2.3 bu. former y used).
s See7 note "C)" for p. S-21.
1964, (lata are Jfor 26 pulDlic marfe:ets.
& Choice mly. c A-Ugust 1 estimate of the IS 65 crop.
« Average based on months for which quotations e re avails ble.
No quo at ion.
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics ttaragla 1962
and descriptive notes are shown In the 1963
©ditlon of BUSINESS STATISTICS
1964
1964
1963
Monthly
average
S-29
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
. May
June 1 July
I . .
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTKY AND EGGS
Poultry:
Slaughter (commercial production) _____mil. lb__
Stocks, cold storage (frozen), end of month, total
mil. lb~
Turkeys
do
Price, in Georgia producing area, live broilers
$ per lb__
Eggs:
Production on farms
mil cases©
Stocks, cold storage, end of month :
Shell____.__.
thous. cases0__
Frozen
mil. lb
Price, wholesale, extras, large (delivered; Chicago)
$ per doz__
J
604
629
611
635
699
778
838
725
640
560
469
526
541
563
645
295
184
313
181
211
89
227
102
275
149
366
233
488
342
419
274
357
207
340
195
300
167
252
135
213
104
176
81
"158
r
69
174
85
.138
.137
.135
.144
.143
.142
.137
.140
.131
.135
. 145
.150
.145
. 150
.155
.155
14.6
15.0
15.0
14.9
14.5
14.0
14.6
14.4
15.1
15.4
14.1
15.8
15.5
16.0
15 1
132
73
124
76
201
106
184
114
119
108
132
98
141
84
102
69
62
58
57
54
41
53
38
55
53
56
321
67
'525
'84
.343
.331
.293
.326
.381
.362
.363
.329
.308
.261
.277
.291
.308
.273
.294
23.5
.253
22.4
.234
22.2
.224
18.4
.235
28.8
.228
19.7
.234
23.9 .
.235
18.6
.226
24.4
.240
8.0
.226
22.1
.201
25.4
.168
25.5
.164
40.2
.159
37.2
.134
24,281
5 594
4,216
5,016
1,902
1,344
522
98
MISCELLANEOUS FOOD PKOBUCTS
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 bagsc?
Roastings (green weight) Quarterly total do
2
3,
2
922
5, 704
Imports, total
_
do
1,986
772
From Brazil-- —
.___ do
Price, wholesale, Santos, No. 4 (New York)
$ per lb.. .345
110
Confectionery, manufacturers' sales „___ _ mil. $__
Fish:
Stocks, cold storage, end of month
...mil. lb__
Sugar:
Cuban stocks, raw, end of month
thous. Spanish tons..
United States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
. __thous. sh. tons
Entries from off-shore, total9__.__.__do
Hawaii and Puerto Rico.__.
__do
2
1,552
1,428
601
399
.479
116
.485
85
.475
77
.473
100
206
195
177
200
929
984
2,145
314
367
540
159
459
159
45
723
244
4,470
5,672
4,071
5,041
441
1,660
2,330
461
156
1, 296
2,446
1,659
1,554
333
386
1 831
.475
138
.458
124
.450
117
.463
116
.453s
12
458
109
.453
84
.460
.455
213
218
215
192
167
141
137
152
'166
191
255
125
80
25
410
1,245
2,105
3,275
3,200
3,525
3,055
156
753
967
1,006
599
1,870
215
215
108
1,502
924
.455
160
.483
160
216
219
'1,548
780
79
120
628
224
976
974
783
190
2,069
2 591
5 330
728
1, 960
367
368
'3,036
'5 401
525
529
158
146
116
83
54
60
64
167
261
110
107
525
196
197
457
145
250
245
240
253
239
855
846
878
878
836
832
809
806
919
918
1,866
1,234
975
971
965
738
730
1,997
1,493
830
823
1,676
1,409
2, 085
2,693
342
352
396
231
231
171
187
148
143
78
123
347
403
196
71
359
91
*14
292
98
7
293
77
5
367
170
11
271
101
6
429
183
7
391
104
22
381
109
8
347
91
16
132
46
5
154
35
3
238
56
20
333
138
6
373
82
9
373
72
4
.081
.069
.066
.063
.062
.062
.063
.081
.065
.069
.069
.066
.066
.068
.068
.688
.111
6.657
.100
.655
.092
.620
.092
.600
.092
.603
089
.594
.089
.590
.089
.583
.091
.590
.095
.598
095
.598
.093
.588
.591
093
093
v 094
10,519
11, 133
10, 409
10, 392
8,533
10, 897
10, 674
10, 242
13, 084
4,066
7, 176
16, 192
15, 994
10, 463
11 028
221.6
233.8
182.2
228.9
246.0
263.9
238.5
197.9
193.6
204.6
213.0
210 8
r
113.1
131.1
117.2
99.9
94 4
101.7
112.2
121.1
121.4
111.0
113 6
115 8
' 122 3 123 3
233 9
235.1
238.8
296.1
280 3
277 8
249 9
234 0
212 4
220 5
236 6
213 7
242 6
120.9
120.7
104.7
116.9
105.4
110. 1
137.5
118.8
162.3
166.9
138.5
170 0
156.1
148 1
154.8
134.3
136.5
142. 5
162 1
182.2
143 9
166 7
163 2
167 2
170 5
154 3
T 142 0
145 1
46.4
47.2
44.4
44.8
40.2
44.5
47.2
48.0
50.3
44.6
53.1
51.5
51.5
47.0
.241
.238
.238
238
.238
241
250
260
256
259
263
263
263
P 263
43.4
36.4
45.9
40.4
41.9
34.9
43.3
43.6
37.2
36.8
45.0
38.4
44.6
32.1
39.0
24.4
42.2
27.0
44 4
34.1
40 8
36 3
37 7
37.5
42.8
'35.8
37.5
37.0
34.1
37.8
35.5
29.9
24.6
24.0
29.2
41.7
46.4
45.3
41 7
35 0
T
34 9
29.8
348.4
178 6
351.3
193.0
347.4
159.9
332.2
184.0
322 3
187 1
372.6
196.0
343 7
167 6
349 2
185 3
343 8
184 2
331 3
17C 1
355 4
184 0
327 8
172 5
327 9
179 6
329.2
181 6
344.8
331.9
314.7
305.3
281 9
294.2
312 4
365 7
428 5
423 5
434 9
401 0
'359 4
338. 0
14 9
6 7
40 2
31 8
26 1
7 4
18 5
7 2
15 3
6 3
70
61
58
6 0
5
5
g
r 22 3
5 7
60
6 4
99
65
57
38 6
6 8
126.7
124.6
139.6
145.6
' Revised.
» Preliminary, i Beginning Jan. 1963, includes data for Alaska and Hawaii.
2 Quarterly average.
a See note "Q" for p. S-21.
4 Effective
Sept. 1963, includes small
5
amounts of refined sugar, tinctured, colored, or adulterated.
Data beginning Jan. 1964
not entirely comparable with those for earlier periods.
e Beginning 1962 on annual basis
and Jan. 1964 monthly, data are not comparable with those for earlier periods; consumption
for feed now based on Tenderers' shipments instead of feed mill reports.
1 Beginning March
147.4
130.0
144.6
139.9
145.7
126.9
116.0
M26. 4
144.9
Deliveries, total 9
do
For domestic consumption __„
do __
Stocks, raw and refined, end of month do
Exports, raw and refined.
sh. tons..
Importsr
Raw sugar, total?
_-thous. sh. tons__
From Republic of the Philippines
do
Refined sugar, total
do
Prices (New York):
Raw, wholesale.
.__.$ oerib__
Refined:
Retail (incl. N.E. New Jersey) $ per 5 lb..
Wholesale (excl. excise tax)
$ per lb
Tea, imports......
thous. lb:_
Baking or frying fats (Incl. shortening):
Production
•__
_
mil lb
213.4
Stocks (producers* and warehouse), end of month
132.4
mil. lb
Salad or cooking oils:
Production
do
s
196. 6
Stocks (producers8 and warehouse), end of month
mil. lb. 248.7
Margarine:
Production
do
149.5
Stocks (producers' and warehouse), end of month
46.3
mil. lb__
Price, wholesale (colored; mfr. to wholesaler or
large retailer ; delivered)
$ per lb
.238
978
977
11.8
866
860
753
745
2,893
3
617
609
2,731
797
780
2,619
775
756
2 490
T
2, 420 *>2 179
224. 2
.067
222.1
270 6
FATS. OILS, AND EELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
Production (quantities rendered)..
mil. lb
41.4
Consumption in end products
do
33.6
Stocks (factory and warehouse), end of month
mil. lb.. 41.3
Tallow and grease (except wool), inedible:
Production (quantities rendered) _
do
317.2
Consumption in end products
do
6 177. 8
Stocks (factory and warehouse), end of month
383.2
mil. lb
Fish and marine mammal oils:
Production}
do
15 5
Consumption in end products
do
7.4
Stocks (factory and warehouse), end of month
mil. lb- 7 162. 7
7.0
6.2
118.0 '
1963, includes 8General Services Administration stocks no longer required for
the strategic
c
stockpile.
Based on corrected annual total; months not corrected.
Corrected.
OCases of 30 dozen.
cfBags of 132.276 lb.
9 Includes data not shown separately; see also note "§."
§ Monthly data reflect cumulative revisions for prior periods.
AFor data on lard, see p. S-28.
JRevisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.
SUEVEY OF CUKKENT BUSINESS
S-30
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
| 1964
Monthly
average
August 1965
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
June
July
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil. Ib—
Refined
do_
Consumption In end products
do
Stocks, crude and refined (factory and warehouse), end of month
mil. Ib—
Cornoil:
Production :
Refined
0*0
Consumption in end products!
_do.
Stocks, crude and refined (factory and warehouse), end of month t
mil.lb—
Cottonseed cake and meal :
Production
thous. sh. tonsStocks (at oil mills) , end of month
do
Cottonseed oil:
Production:
Crude
mil.lb—
Refined
do
Consumption in end products
-do
Stocks, crude and refined (factory and warehouse) end of month
mil. Ib
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. Ib—
Price wholesale (Minneapolis)
$ per Ib
29.0
46.2
60.5
127.3
42.2
63.5
25.2
38.0
58.7
32.6
46.2
61.1
29.3
43.2
69.7
27.5
39.8
66.2
32.1
46.9
74.0
37.8
38.9
61.7
(2)
38.8
59.4
36.7
46.8
63.2
32.4
41.7
62.6
33.9
46.3
65.0
27.5
40.8
60.3
32.5
47.1
63.7
23.5
42.1
63.2
228.5
31.0
166.1
33.1
154.7
36.4
166.3
35.4
178.5
68.8
161.7
9.3
131.8
15.3
146.7
14.5
154.0
6.1
143.2
71.8
148.0
64.3
166.2
42.6
169.7
47.3
'181.3
38.8
155.5
22.7
32.5
30.3
29.4
34.5
32.8
34.2
37.0
34.3
33.0
33.0
32.9
34.3
33.9
38.5
35.2
31.5
29.9
31.2
36.0
41.3
42.6
33.5
32.8
34.8
32.0
32.3
36.1
35.1
32.4
33.3
34.2
31.9
33.5
38.0
34.8
34.4
36.0
32.2
30.0
36.1
34.3
••35.8
38.2
31.8
34.1
58.2
57.8
63.8
62.2
59.7
61.9
52.4
43.4
40.1
39.4
39.3
41.7
41.5
"38.4
39.6
225.3
172.9
225.5
218.3
116.7
305.0
87.3
249.4
82.5
171.5
181.9
138.8
316.9
137.4
339.0
159.9
325.0
126.8
315.4
150.6
284.0
177.0
294.5
192.7
222.7
220.7
181.9
238.5
126.1
207.6
159.8
131.4
96.0
161.1
133.3
114.4
86.6
117.2
111.9
60.3
78.9
105.4
55.9
72.2
111.8
127.2
86.7
127.9
227.3
143.9
140.3
243.3
177.2
129.8
233.7
192.8
136.5
227.3
172.9
121.3
205.9
162.4
131.1
213.6
192.8
122.0
164.6
135.5
110.8
135.0
119.6
106.8
93.0
98.9
125.5
599.2
30.4
.153
638.3
50.0
.141
701.6
43.1
3.132
611.0
21.2
.133
498.4
75.3
.131
432.8
43.7
.130
450.1
35.0
.135
534.7
22.1
.150
506.3
88.7
.150
518.7
65.4
.149
546.9
43.0
.159
568.7
50.2
.170
583.4
34.1
.164
560.0
26.9
.146
492. 5
50.3
P. 138
33.3
32.0
37.0
31.4
40.8
36.4
33.7
35. 2
38.2
32.2
42.1
30.3
45.7
30.3
35.2
25.8
34.7
25.8
34.7
27.5
31.9
28.0
39.5
31.2
28.5
31.0
22.3
31.8
31.3
33.7
116.7
.127
144.6
.134
139.4
.133
129.7
.133
139.5
.133
140.0
.133
165.0
.134
177.4
.139
185.5
.139
199.3
.139
204.2
.139
214.8
.139
212.3
.139
205.0
.139
198.2
p. 136
886. 3
131.8
830.8
124.1
893.8
121.4
885.1
119.8
852.3 1, 027. 4 1, 022. 2 1, 009. 4 1,001.9
112.8
100.7
120.3
102.6
186.8
877.5
199.0
956.8
181.7
882.0
194.0
944.1
239.5
855.9
205.3
412. 0
382.6
368. 0
386.2
400.5
366.1
412.0
340.5
341.7
413.6
435.6
425.8
398.8
458.4
434.8
482.5
444.3
432.5
467.9
392.1
368.7
464.8
370. 5
338.6
463.3
377.4
321.7
408.5
348.2
319.1
448.2
395.0
359.0
415.9
367.1
340.8
448.0
373.5
368.3
406.0
390.9
397.5
770.8
106.0
.123
814.9
99.5
3.102
759.4
127.1
.109
666.5
132.1
.110
577.8
124.8
.120
538.4
110.2
.129
532.7
117.8
.149
544.2
157.6
.140
586.6
68.4
.139
606.0
72.7
.142
613.8
146.6
.141
578.4
91.7
.145
573.3
85.1
.129
519.1
78.2
P. 121
56, 037
16, 706
56,081
14,846
5,623
65, 854
9,001
5,984
20, 802
7,025
13,440
5,551
43, 966
53, 208
42, 519
38, 749
35,737
15, 163
5,230
36, 116
16, 687
Soybean cake and meal:
Production...
thous. sh. tons- 900.1
127.3
Stocks (at oil mills) end of month § __do
Soybean oil:
Production:
Crude
mil.lb- 421.1
Refined
-do
336.1
Consumption in end products
do
322.0
Stocks, crude and refined (factory and warehouse) end of month J
mil. Ib . 1876.0
91.9
Exports (crude and refined)*
do
.133
Price, wholesale (refined ; N.Y.)
$ per lb~
TOBACCO
Leaf:
Production (crop estimate).
mil. lb_.
Stocks, dealers' and manufacturers' end of quarter total
mil Ib
Exports, incl. scrap and stems.
thous. Reimports, incl. scrap and stems
do
Manufactured:
Production (smoking, chewing, snuff)
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-exempt
millions
Taxable
do
Cigars (large), taxable
_do___
Manufactured tobacco, taxable
thous. lb__
Exports, cigarettes
___ millions
42,344
42,227
5 4, 931
42, 124
13, 985
5 5, 223
42,533
14,971
4,922
44, 084
15,735
32, 793
14,860
28, 522
15, 012
5,033
69. 311
16; 521
13,960
15,004
15, 350
13, 146
14, 513
15, 035
16, 189
13, 470
12,849
13, 583
12, 677
15, 449
14, 213
13, 143
15, 140
3,424
42,466
547
13, 709
1,968
3,554
41, 454
675
14, 630
2,095
3,644
45, 154
699
14, 757
2,046
3,877
42, 584
693
13, 187
2,148
3,708
44, 420
719
13, 909
1,990
3,986
43, 303
689
14,820
2,827
3,571
47, 136
777
15, 139
1,844
3,237
41, 548
784
13, 727
2,042
4,557
39, 898
444
13,306
2,843
2,088
39, 086
602
13, 098
718
3,380
40,210
554
12, 101
1,329
3,705
47, 385
642
15, 248
2,333
4,014
43, 483
633
13. 718
2,094
3,919
40, 814
714
13, 228
2,795
3,846
47, 063
659
14, 904
2,109
7 922
4 531
5 150
6 037
10 244
253
226
11 809
10 023
1,214
1,324
1,496
1,219
« 1, 99C
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
8,252
6,215
7,724
7,890
8,032
Value, total?
thous. $
184
155
151
199
104
Calf and kip skins
thous. skins..
972
664
1,051
Cattle hides
thous. hides..
959
987
Imports:
Value, total 9 thous. $.. 5,253 6,823 8,242 8,369 5,631
Sheep and lamb skins
thous. pieces.. 8 2, 192 7 2, 538 2,732 3,354 1,891
Goat and kid skins
do
1,231
1,134
1,074
1,157
850
Prices, wholesale (f.o.b. shipping point) :
.450
.430
.430
Calfskins, packer, heavy, 9^/15 Ib
$ per Ib.. p. 365 P. 414
p. Ill
.104
.115
.124
P. 106
Hides, steer, heavy, native, over 53 Ib
do
LEATHER
Production:
Calf and whole kip
thous. skins
466
495
542
545
611
Cattle hide and side kip. ..thous. hides and kips.. 1,804 1,903 1,954 1,698 1,993
Goat and kid
thous. skins.. 1,182 1,073
1,134
1,015
790
Sheep andlamb
do
2,864
2,629
2,736
1,917
2,865
Exports:
Glove and garment leather
thous sq ft
4 640
2 555
3 443
3 875
3 266
2 gQ2
Upper and lining leather
do
3 423
3 762
3 050
3 548
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
$ per lb_. p. 678 P . 662 .657
.657
.657
Upper, chrome calf, B and C grades, f.o.b. tannery.
$ per sq. ft.. p 1.151 PH. 200 3 1. 180 1.187 1.170
r Revised.
p Preliminary.
1 Average based on reported annual total.
2 Not available.
3 Beginning June 1964, data are not comparable with those for earlier periods because
of changes in specifications or reporters (for leather^. May 1964 prices on new basis- Cottonseed oil, $0.132; soybean oil, $0.103; leather, $1.180.
4 Crop estimate for the year.
» Quarterly average.
e Effective Sept. 1963, data reflect minor changes in coverage to conform
with "Tariff Schedules of the United States."
? Effective Jan. 1964, data exclude items
7,810
162
945
8,077
3,527
8,385
9,005
1,004
1,101
1,021
130
788
4,083
4,382
1,052
5,664
1,378
2,627
173
838
871
863
.450
.119
.450
.124
572
204
570
.450
.119
1,941
1,047
2,528
639
629
2,068
1,092
2 750
1,845
2 834
3 241
3 828
3 or»7
942
2,630
3 015
f)
<7KC
228
925
616
377
.500
.114
.500
.104
130
702
6.213
2,246
963
11, 659
6,322
1 687
.480
.105
.520
.105
.520
.116
210
9,330
7,353
2 799
4 288
1 893 1 409
r
637
603
565
588
1,875
1,147
2 261
1,884
1,085
2 450
2,033
1,235
2 508
r
506
2,022
1,248
2 505
1,952
1,162
2 646
[ 2,849
4,486
7,136
6,577
6,804
3 955
.657
.663
.695
.695
1.197
1.223
1.223
1.223
l o8
.695
1.237
.695
1.237
.695
1.237
6,298
1 825
1 430
.550
P. 525
. 139 P. 134
1,895
1,120
2,333
a*4QR
218
518
5,207
.700
.710
P. 710
1.243
1.252
Pl, 248
8
presently reported in Ibs. instead of pieces,
Effective Jan. 1965, data are for all leather,
except sole and rough; see note "O" for p. S-21. 9Avg. for 7mos. (June-Dec.). {Revisions
for 1962 appear in the Sept. 1963 SURVEY.
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
§Monthly averages for 1951-56 (corrected) appear in the Aug. 1964 SURVEY.
9 Includes data for items not shown separately. °Aug. 1 estimate of 1965 crop.
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-31
June
July
Aug.
Sept.
1965
Oct.
Nov.
Jan.
Dec.
Apr.
Mar.
Feb.
May
June
171
115
July
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production total t
thous pairs. _ 50, 361
Shoes, sandals, and play shoes, except athletic
thous pairs.- 42, 477
6,468
Slippers for house wear
do
813
Athletic
do
603
Other footwear
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper Goodyear welt
1957-59=100..
Women's oxfords, elk side upper, Goodyear
1957-59=100—
welt
Women's pumps, low-medium quality.—do
51,831
43, 457
7,205
555
613
49, 639
49, 489
55, 391
45, 374
486
675
41,820
6,628
429
612
162
141
150
41, 761
6,717
8,834
471
712
52, 967
42, 395
9,177
434
961
163
53, 413
41,684
47, 881
38, 289
r
52, 426 ''52,779
42, 982 '46,800
5,991 p 4, 876
r
r
59, 926
52, 365
46, 388 51,817
r
5,r 585 r 7, 223
44, 837
r
523
551
••559
r
191
629
177
'184
6,699
629
200
133
145
*98
190
291
247
461
797
8,485
461
646
219
10, 471
50, 047
702
170
159
105.1
105. 9
105.1
105.1
105.1
105.1
108.8
108.0
108.0
108 0
108 0
108.0
109.6
109.6
109 6
106.5
110.7
106.5
111.0
106.5
110.9
106.5
110.9
106.5
HO. 8
106.5
111.0
106.5
111.7
106.5
111.5
106.5
111.5
106.5
111.1
106.5
111. 1
106.5
111. 0
106.5
111.2
106. 5
111.3
106.5
111.2
2,980
533
3,111
LUMBER AND PRODUCTS
LUMBER-ALL TYPES
National Lumber Manufacturers Association :c?O
Production, total
mil. bd. ft—
Hardwoods
do
491
2,460
3,044
518
2,526
3,054
520
2,534
3,103
2,318
2,868
543
2,325
2,966
524
3,112
3,155
3 048
do
do
6,518
1,842
4, 676
6,393
6,287
6,203
6,264
4,643
4,535
4,449
do
do
73
2445
80
437
77
576
mil. bd. ft..
do
691
539
743
566
743
520
.
690
689
987
747
737
791
781
763
821
730
716
1,062
1,103
1,044
1,059
1,084
731
729
665
666
663
716
867
782
1 089
1,075
721
643
1,065
804
872
1,115
1 200
1 215
742
785
1 038
1 172
1 104
31
11
19
29
9
20
39
13
26
29
12
17
24
7
17
35
13
21
25
10
15
27
7
19
1 35
i9
i 25
26
g
17
33
11
22
32
11
21
35
11
24
28
7
21
80. 90
''80.00
Hardwoods
..do
Stocks (gross), mill, end of month, total
Hardwoods
Exports, total sawmill products
Imports, total sawmill products
SOFTWOODScfO
Douglas fir:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks (gross), mill, end of month
2,879
560
do
do
do
Exports, total sawmill products
do
31
Sawed timber
do
12
19
Boards, planks, scantlings, etc...
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft.. 79.92
Flooring, C and better, F. G., I" x 4", R. L.
$ per M bd. ft- 134. 22
Southern pine:
Orders, new
mil. bd. ft..
508
Orders, unfilled, end of month.
do
280
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=100Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100Western pine:
Orders, new
mil. bd. ft—
Orders, unfilled, end of month
do
Production —
do
Stocks (gross), mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3, 1" x
12", R. L. (6' and over)
$ per M bd. ft._
2,951
2,441
1,750
515
2,597
1,752
3,204
491
3,085
509
2,738
509
2,642
441
3,270
478
2,981
2 229
2,488
465
2,723
485
2, 576
2,201
2 023
2 238
2 972
2 511
3,050
518
2,532
3 098
557
2,709
559
3 107
3 088
2,150
2,556
489
2,067
2 807
2,541
2 137
6,412
1,693
4,719
6, 358
1 638
4 720
6,389
6,434
1 722
4 542
1 590
4 799
6,274
4,898
1 474
4 800
6,180
1 394
4 786
95
556
82
478
80
470
78
390
76
405
72
319
170
180
792
491
695
470
717
442
817
530
690
555
691
607
858
750
518
2,637
1,754
533
2,570
561
2,487
2,713
770
745
1,536
625
639
2 657
520
470
3 112
3 229
2 555
2 690
6,106
1 250
4 586
5,974
1 224
4 750
5,864
1 312
4 913
50
377
84
520
76
394
81
411
70
532
550
656
802
676
814
684
782
682
814
624
550
2 557
6,225
820
806
81.14
82.03
81.51
81.52
81.40
81.05
79.75
78.69
82.61
83.41
82.63
153.45
155. 52
155. 52
155. 52
155. 52
155. 52
155. 52
155. 52
157.60
158.26
158. 19
529
274
573
284
563
267
529
260
536
253
554
265
490
260
459
281
583
357
475
346
568
341
582
381
501
505
529
527
548
583
557
580
521
536
537
543
520
542
505
495
528
438
498
486
coo
Kfl7
573
1,380
6,414
832
1,335
1,328
1,305
1,367
1,521
8,171
823
4,790
1,360
12, 117
5,583
976
7,581
1,362
1,355
9,471 i 2, 515
1 187
8,557
9,692
8,400
1,290
9,496
1 691
1,284
8,033
800
7,577
7,805
7,233
1,262
860
7,640
1,272
6,711
532
6,179
8,500
2 572
528
2,560
557
2,250
153. 07
Cf)f)
539
2 447
r
81. 74
557
539
1 224
4 640
158. 19 P157. 08
618
380
579
374
KAfJ
C-JQ
KAf)
K79
KCQ
KQK
1,278
1, 348
10, 932 « 12, 380
1,233
9,126
8,284
92.5
92.7
92.7
92.9
92.3
92.4
92.9
92.7
92.0
92.3
92.5
92.6
92.3
92.0
92.5
95.2
95.3
95.1
95.1
95.1
95.0
95.3
95.3
95.6
95.6
95.6
95.6
96.0
96.0
96.3
840
383
880
463
904
459
938
485
883
453
913
430
966
434
726
413
848
463
813
537
806
479
960
524
889
511
906
505
947
532
918
832
882
840
1,654
871
1,606
883
1,477
911
1,484
1,003
915
1,572
1,087
936
1,723
1,003
962
1,764
747
1,798
798
1,809
738
1,716
865
1,617
916
1,666
901
1, 613
912
1,624
921
1,641
67.42
65.49
69.01
67.16
65 52
63 73
63 52
62 63
63 15
63 66
68 41
70 56
70 55
r 7Q 33
v fi8 98
865
781
809
646
766
965
848
923
938
HARDWOOD FLOORING
Flooring:
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of month
Production
mil. bd. ft..
do
do
Stocks (gross), mill, end of month
Orders, new
Orders, unfilled, end of month. __
Production
Shipments
__
Stocks (gross), mill, end of month.
2.9
11.4
2.4
2.6
6.2
3.1
2.6
2.5
12.2
2.9
3.4
7.3
2.5
11.3
2.4
3.6
6.0
11.1
1.4
2.4
4.8
10.9
2.1
2.3
4.4
2.6
2.2
2.1
do
10.8
2.8
2.7
6.5
2.7
10.6
2.8
2.9
4.3
10.4
2.0
2.4
4.2
10.1
2.3
2.4
4.0
10.7
2.2
1.8
4.3
do
...do
do
do
do
68.3
45.2
69.3
69.1
43.6
68 3
50.4
70.2
68.7
52.2
62 5
48.5
72.1
70.4
53.1
74 5
50.4
72.1
72.6
52.6
75 2
53.3
69.0
70.0
50.1
67 0
48.8
70.2
72.4
47.9
7
K7 7
39.5
74.3
74.7
47.5
35.3
64.8
62.0
50.4
54 8
35.6
67.0
58.8
54.5
39.4
65.0
62.0
57.5
2
*^~.
v Preliminary.
i See note "Q" for p. S-21.
Beginning Sept. 1963,
data exclude small amounts formerly included, t Revisions by months for 1961-Apr 1964
are shown in Bu. of Census reports M31A (62)-13 and (64) Supplement 1. Beginning 1962
data are adjusted to the level of production indicated by the 1963 Census of manufactures
«K
2.5
Of
Q
2.8
11.5
2.3
2.1
4.6
2.8
2.3
2.4
12.0
2.5
2.4
4.6
11.8
2.6
2.4
5.0
11.6
2.5
2.6
4.8
3.1
11.8
2.9
3.2
4.3
61.9
61 7
62.6
51.8
69. 5
56.2
65 1
70.0
46.7
KQ q
45.7
60.1
54.7
60.2
47.7
64.3
63.7
58.5
n
n
54.6
64.9
66.2
56.7
cf Revised data will be shown later as follows: Jan. 1961-Dec. 1963 for production, shipments, and orders; Jan-Dec 1963 for stocks; revisions for 1951-62 for stocks appear on p 28
of the Jan. 1964 SURVEY. ©Beginning Jan. 1961, data for Alaska included in pertinent items.
« Corrected.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1964
1963
August 1965
Monthly
average
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
Scrap
Pig iron*
-—
r
316
679
39
'347
718
27
'347
709
2
'273
677
22
'310
619
8
'269
495
14
'353
624
10
'2115
2281
'162
344
3
281
770
3
230
597
5
200
623
2
177
472
1
537
25
63
604
31
99
582
17
90
525
24
95
493
24
48
555
36
101
734
36
75
523
23
49
347
19
29
452
16
32
1,025
18
28
908
21
68
1, 014
17
99
1,192
28
80
6,168
3, 715
2,453
6,218
7,977
6,994
4,360
2,634
7, 052
7,344
7,035
4,331
2,704
6,831
7,129
6,634
4,254
2,379
6,460
7,317
6,864
4,330
2, 534
6,766
7,413
7,228
4,532
2,696
7,133
7,510
7,498
4,648
2, 850
7,579
7,428
7,218
4,584
2, 683
7,372
7, 287
7,598
4,767
2,831
7,542
7,413
7,467
4,742
2,725
7,756
7,138
7,284
4,463
2,821
7, 417
7,002
26.78
27.00
P32. 77
"34. 70
31.91
34.50
33.22
36.00
37.05
38.00
34.90
36.00
35.41
38.00
36.39
39.50
36.98
40.00
36.61
39.00
35.79
38.00
35. 41
36.75
35.52
37.50
6,778
6, 805
3,535
9,448
10, 227
4,752
9,199
11,059
5,070
9,238
10, 969
5, G62
9,002
10, 222
4,717
7,730
10, 201
4.385
5,290
7,678
3,700
4,459
2,945
3,501
4,516
1,782
2,192
4,169
1,747
2,382
4,780
1,966
2,943
5,469
4,622
3,489
9,144
10, 913
4,120
U.S. and foreign ores and ore agglomerates:
8,458
9,860
Receints at iron and steel plants
do
8,669 10, 183
Consumption at iron and steel plants
do
568
580
Exports
do
73, 798 '71,232
Stock*5 total end of mo
do
15,
049
'14,758
At mines
__
do__ —
53, 377 52, 225
At furnace yards
_
do
5,372
4,249
At U S docks
-_
do
14, 029
10, 019
719
68. 878
17, 722
47, 144
4,012
15, 077
10, 002
934
72. 084
15, 861
52. 219
4,004
14, 497
10, 363
852
74, 375
14, 129
56, 353
3,893
13, 676
10, 270
945
76, 526
12, 910
59. 759
3,857
13, 141
11,069
928
76. 376
10, 439
61, 831
4,097
11,476
10, 900
648
74. 465
8,051
62, 407
4,007
6,249
11, 472
309
70, 490
9,565
57, 184
3,741
3,981
11, 522
2139
65, 179
12, 310
49. 643
3', 226
4, 053
10, 446
195
60, 990
14, 732
43 249
3,009
4,748
11, 566
196
56, 431
17, 546
36, 431
2,454
7,081
11, 162
516
52, 577
18, 393
32, 350
1,834
14, 082
11, 682
929
53, 079
16. 624
34, 750
1,705
38, 923
1,594
Imports:
Steel mill products If
Scrap ^
Pig iron*
--
thous. sh. tons _
•
do __
do
-
do
do _
do
Iron and Steel Scrap
Production and receipts, total
thous. sh. tons..
Home scrap produced
_
do
Purchased '•'crap received (net)
do _ _
Consumption total
-do
Stocks, consumers', end" of mo
_
_-do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
..$ perlg. ton..
Pittsburgh district
do
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. Ig. tons__
Shipments from mines
do
Manganese (mn. content), general imports^__do
'185
530
6
'286
657
15
454
19
55
6,060
6,156
2,791
r
(12)
35.66 v 33. 87
38.50 y 35. 00
5, 106
15, 256
11, 083
950
84
86
110
80
64
41
92
194
108
97
104
71
122
97
109
5,993
6,057
7,133
7,198
7,076
7,063
7,006
7,059
7. 158
7,244
7,142
7,262
7,780
7,843
7,674
7,641
7,958
7,955
8,013
8,012
7,312
7,362
8,204
7,951
8, 195
7,849
62.75
p 63. 00
p 63. 50
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
thous. sh. tons,,
Consumption
do
Stocks (consumers' and" suppliers'), end of mo.
thous. sh. tons—
Prlces:
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..
Shipments total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons,_
Shipments total
do
For sale
do
Steel, Cr ade, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous sh tons
Index
_
1957-59=100Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons_.
Shipments, total
do
For sale, total _ _
do
1
Steel forgin^s (for sale ) : d*
Orders unfilled end of year or mo
do
Shinments totnl
do
Closed die (drop, upset, press)
do
Steel products, net shipments :
Semifinished products
do
Structural shapes (heavy), steel piling. _. do
Plates
do
Rails and accessories
do
Bars and tool steel, total
do
Bars* Hot rolled (incl. light shapes)
do
Reinforcing
_
do
Cold
finished
_
do
Pipe and tubing
do
Wire and wire products
do
Tin mill products
do
Sheets and strip (incl. electrical), total.. _do
Sheets: Hot rolled
_ .
do
Cold rolled
do
Steel mill products, inventories, end of mo.:f
Consumers (manufacturers only),_,mil. sh. tonsReceipts during month
do
Consumption during month.,
do— ._
Warehouses (service centers)
do
Producing mills:
In process (Ingots, semifinished, etc.)
do
Finished (sheets, plates, bars, pipe, etc.) -do
Steel (carbon), finished, composite price__.$ per lb.^
r
2,814
2,501
2,501
2,529
2,485
2,404
2,375
2,410
2,461
2,461
2,458
62.87
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
63.00
63.50
62.75
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63.50
783
1,064
591
845
1,193
678
834
1,245
697
891
1,116
635
902
1,191
731
859
1,255
762
878
1,221
733
841
1,202
726
855
1,202
682
924
1,241
699
949
1,201
674
974
'940
1, 425 ' 1,404
812
'816
960
1,376
822
81
78
44
103
83
49
95
89
49
101
71
44
112
80
48
112
85
52
115
76
54
121
76
47
122
83
49
123
95
54
130
90
50
136
109
61
139
100
56
9,105
112.5
10, 590
130.5
10, 185
127.6
10, 106
122.5
10, 515
127.5
10, 669
133. 6
11, 568
140.2
11,292
141.4
11, 612
140. 7
11,830
143.4
10,866
145.8
12, 347
149.7
11, 966
149.9
219
125
100
328
153
122
322
162
130
321
141
112
317
137
108
316
157
124
344
163
127
340
154
121
337
163
127
370
158
124
334
159
125
363
181
145
362
173
"137
355
164
131
342
129
98
459
147
113
370
152
116
388
126
93
395
129
101
412
151
115
427
153
117
445
144
111
459
156
117
485
155
125
491
159
126
494
192
151
484
'173
'135
512
162
127
6,296
263
443
603
92
7,079
352
507
708
116
7, 065
385
503
679
129
6,869
334
526
688
105
6,993
352
524
669
89
7,344
361
554
726
96
7,367
386
562
793
99
7,314
418
546
762
108
7,673
401
540
834
129
8,050
385
566
844
132
7,839
414
530
742
135
9,590
469
638
871
163
10, 101
489
648
881
166
7,874
395
569
811
148
7,887
394
577
808
132
972
631
224
110
587
262
488
2,587
735
1,209
1,100
700
269
122
678
259
507
2,852
829
1,308
1,113
686
295
124
752
297
544
2,663
750
1, 208
1,066
641
312
106
778
246
576
2,550
743
1,142
1,109
686
301
114
741
260
538
2,712
788
1,208
1,142
709
304
121
733
273
476
2,984
879
1,341
1,182
74 (
302
131
692
273
430
2,949
867
1,279
1,145
745
265
126
610
234
399
3,092
862
1,458
1,170
755
266
139
671
227
415
3,286
901
1,572
1,199
848
186
155
601
273
635
3,415
955
1,610
1,157
786
201
160
688
280
636
3,256
929
1,507
1, 462
986
262
203
970
369
818
3,829
1,060
1,774
1,534
1,041
279
203
1,040
420
1,026
3,896
1,182
1,747
1,266
827
285
145
778
306
317
3,286
960
1,489
1,282
814
305
152
734
298
419
3,244
942
1, 485
10.0
4.8
4.7
3.4
9.7
5.2
5.0
3.7
9.2
5.2
5.2
3.6
9.5
4.7
4.4
3.7
9.5
4.8
4.8
3.8
9.6
5.4
5.3
3.7
10.0
5.1
4.7
3.8
10.5
5.5
5.0
3.9
11.2
6.0
5.3
4.1
11.9
6.0
5.3
4.1
12.5
5.9
5.3
4.1
13.7
7.3
6.1
4.1
15.1
7.4
6.0
4.2
7.4
7.1
.0705
8.4
7.8
.0715
8.3
7.7
.0715
8.6
7.5
.0715
8.8
7.6
.0715
8.6
7.8
.0715
8.8
8.3
.0715
9.0
8.5
.0715
9.1
8.7
.0715
9.2
8.6
.0715
9.0
8.4
.0715
7.9
8.4
.0715
7.8
6.7
.0715
2
Revised.
*» Preliminary.
1 Less than 50() tons,
See rtote "O' ' for p. S-21.
*New series. Monthly data back to 1953 are availa ble.
^Beginning Sept. 1963, imports reflect adoption of the U.S. tariff sc tiedules; data ma y not
be strictly comparable with figures for prior periocIs.
cfData reflect adjustment to industry levels as cierived f rom com plete caiivass for 1962;
*
62.75
152
96
53
12, 012 '11,593 v 11, 563
145.6 ' 145. 2 v 140. 2
15.5 '15.8
*>6.2
6.2
5.8 ' "5.9
P4.2
8.1
7.1
.0715
P8.2
P7.3
.0715
.0715
annua 1 shipments for 1962 were r aised by 10%, bac klog (as 3f Dec. 31 , 1962) by9%. R evisions
for Ja a. 1962-Jipr. 1964 will be shown la ter.
tEfl ective O ct. 1963 £URVEY, data for steel con sumers r afleot rec alculated estiraat 3S based
>URVEY.
on qu intity coverage fa ctors. IRevisions back to Oct. 196 1 appear in the O ct. 1963 5
SUKVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963 | 1964
Monthly
average
S-33
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
458
363
3,245
July
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders, pew (net)
Shipments
Backlog end of year or mo
336
341
2,322
375
353
2,712
478
412
2,300
347
379
2,490
379
374
2,497
408
362
2,599
355
379
2,575
433
320
2,727
358
309
2,712
386
316
2,740
417
294
3,751
413
365
3,022
439
351
3,071
570
318
3,279
Barrels and drums, steel, heavy types (for sale) :
Orders unfilled end of mo
_ thous __ 1,273
Shipments
_ _ d o 1,922
Cans (tinplate), shipments (metal consumed),
385
total for sale and own useO
thous sh. tons
1,258
2,026
1,276
2,159
1,370
2,146
1,248
2,184
1,246
2,262
1,165
2,036
1,146
1,879
1,154
1,959
1,243
1,711
1,303
1,665
1,281 ' 1, 372
2,267 ' 2, 200
1,280
2,014
395
432
467
518
496
422
325
331
318
368
343
472
369
192.7
59.0
212.7
58 0
203.7
56.0
216.1
51.0
217.2
51.0
211.3
51.0
218.4
58.0
214.0
50.0
222.8
54.0
222.7
56.0
203. 2
56.0
230.0
62.0
226.6
62.0
237.0
227.6
34.7
3.4
13.8
32 7
4.1
17.4
36.8
4.6
17.2
40.4
5.4
14.6
26.7
3.4
18.9
44.3
3.5
19.1
25.6
3.3
17.2
20 3
3.8
15.1
27.8
3.7
20.3
12.9
1.1
17.5
33.4
3.9
15.6
46.2
5.2
27.7
41.7
5.0
13.1
51 1
4.6
18.3
65 6
56
16.7
105. 6
.2262
103.5
.2372
87.0
.2383
92.0
.2400
104.3
.2400
109.9
.2400
121.4
.2400
116.1
.2410
96.9
.2434
107.5
.2450
97.7
.2450
81.0
.2450
75.9
.2450
63.4
.2450
79.4
.2450
524.1 588 3
mil. lb
354.8 402.6
do
166.3 189.5
do
_ — do _ . '3100.6 '3104.5
639.9
424.8
206.8
87.2
574.6
409.5
186.2
70.0
557.3
392.1
183.9
76.9
606.5
404.4
186.5
82.4
576.0
410.9
183.8
72.2
536.8
382.4
171.4
80.0
651.0
422.0
192.0
85.2
530.6
401.5
187.8
90.1
614.7
414.3
196.2
93.3
778.6 ' 726. 3
528.5 r 531. 1
263.5 275.4
108.0
784 3
535.0
270.1
thous. sh. tons..
do
do
NONFEREOUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous. sh. tons..
Estimated recovery from scrapf
do
Imports (general):
Metal and alloys, crude
do
Plates sheets etc
- do
Exports metal and alloys, crude -do_
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons..
Price, primary ingot, 99.5% min..____$ per lb_.
Aluminum shipments:
Inerot and mill products (net) A
Mill products, total
Plate and sheet (excl. foil)
Castings
—
__
Copper:
Production:
Mine, recoverable copperf.—— thous. sh. tons..
Refinery, primary
do
From domestic ores _
do
From foreign ores
do
Secondary, recovered as refined.
do
Imports (general):
Refined, unrefined, scrap©f __
do
Refined
.
_ do
Exports:
Reined, scrap, brass and bronze Ingots do _
Refined
do
Consumption, refined (by mills, etc.).
do__ —
1
101.1
133.0
101.6
31.4
24.0
' 103. 9
0
0
0
7
113.8
153.4
116.1
37.3
28.5
73.9
125.2
94.2
31.1
27.4
77.7
110.8
78.1
32.7
27.2
93.1
110.4
83.0
27.4
27.1
115.3
140.4
107 9
32.4
32.0
111.1
134 8
110 7
24 1
26.6
111.7
156.1
121 9
34.2
33.7
115.7
146.6
115 0
31.6
31.4
107.1
131.4
107 0
24.3
31.2
121.4
150.1
118 8
31.3
35.4
45.1
9.9
48 7
11 5
48.0
11.4
47.9
12.5
45.5
12.6
51.1
14.1
52.4
95
36.3
11 4
69.8
14 0
26.2
6.7
45.4
82
35.5
12 6
138
105
33
27
1
116.7 ' 119. 2
150 0
144 6
109 5 116 6
40 5
28 0
35.5
37 9
65.7
10 8
31 1
97
115.7
147 8
110 2
37 5
30 2
58 4
12 9
29 3
18 9
30.0
26 0
146.2
35 9
26 4
154 9
33.4
25 7
178.5
33.9
25 1
114.4
24.9
16 4
150. 4
33.8
22 7
152.1
40 5
26 8
162.4
40 2
27 0
148 6
58 0
37 0
160.2
21.5
1 15 4
166.4
32 7
26 2
167.5
63 5
43 2
43 6
34 7
48 3
36 5
178.5 J» 164. 9 p 171 1 p 187
_._do
do
_.__$ per lb-
175.4
96 0
.3060
142 5
94 2
.3196
125.6
90.2
.3160
163.2
116.0
.3160
157.1
108.1
. 3160
147.0
92 6
.3223
138.5
87 2
.3361
144 2
90 7
.3366
149.6
110 0
.3370
158.2
91 9
.3360
146 4
83 0
.3360
119 9 Pl26 6 *>112 3 v 1187
74 9 v 79 3 z>76 7 f> 79°2
.3360 .3360 .3545 .3560
Copper-base mill and foundry products, shipments
(quarterly avg. or total):
Copper mill (brass mill) products
mil. lb_.
Copper wire mill products®
do
Brass and bronze foundry products _
do
616
428
239
697
498
266
732
521
281
Lead:
Production:
Mine, recoverable lead I
thous. sh. tons..
Secondary, recovered from scrap®.
.do.—.
21.1
41.1
'23.8
42.8
24.0
42.3
23.4
41.0
23.5
42.0
22.8
46.1
23.5
46.0
23.4
44.0
23.3
41.8
24.0
44.3
23.3
45.9
26.5
51.5
26.1
46.2
21.7
46.7
31.3
27.8
96 9 r 100 2
32.1
100.6
27.6
91 5
23.2
98.2
23.3
100 9
28.8
104 4
19 2
100 9
26.3
104 8
31.2
103 0
26.5
98 5
29.8
102 2
21.7
99 4
18.7
99 4
25.8
90 2
Stocks, refined, end of mo., total
Fabricators'
Price, bars, electrolytic (N.Y.)
Imports (general), ore®, metalf
Consumption, total t
_ _ _ «.
.
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. tonsConsumers' d*
do._—
Scrap (lead-base, purchased), all smelters
thous. sh. tons
Price, common grade (N.Y.)
$perlb_.
Tin:
Imports (for consumption) :
Ore®
„ — _„„__
Ig. tonsBars, pigs, etc.
do
Estimated recovery from scrap, total®
do
As metal
„
„_
do
Consumption, pig, total
do
Primary..
do
699
485
256
664
519
267
706
513
275
8
98.4
94.1
94.0
96.5
92.9
94.4
90 8
98.4
100.4
99.1
98.9
93.0
86.9
56.7
119.9
39 1
108 8
29.0
127.5
30.9
132.7
32 9
119.9
36 5
120 5
40 9
125 7
38 2
115 3
39 1
108 8
35 6
106 5
34 6
101 0
29 9
103 8
27 8
100 4
27 2
107 1
66.4
.1114
68 6
.1360
65.1
.1300
66.5
.1300
63.6
.1301
57 4
.1400
60 6
.1450
61 8
.1500
68 6
.1566
74 3
.1600
70 6
. 1600
66 1
.1600
65 7
.1600
63 4
.1600
.1600
(2)
(2)
3,596 2 632
1,861 ' 1, 959
r 278
255
6,525 6,898
4,601 4 873
301
2 530
2,130
260
7, 315
5,130
498
2 968
1, 695
260
6,430
4 805
451
4 194
1,860
220
6,885
5 040
505
2 045
1,890
245
6,750
4 730
357
2 407
2^090
300
6,655
4 620
312
1 768
1^875
275
6,190
4 245
268
2 422
1,980
285
6,795
4 680
473
1 845
2,035
240
7,090
4 900
17
870
2 239 4 183
2^035 ' 1, 990
240
260
6,970 7 905
4 980 5 775
376
2 908
2,000
250
7,485
5 440
492
3 207
322
3 073
7 010
5 080
Exports, Incl. reexports (metal)
do
135
328
Stocks, pig (industrial), end of mo§
do_
25, 610 21,909
Price, pig, Straits (N.Y.), prompt
$perlb__ 1. 1664 1.5772
Zinc://
Mine production, recoverable zincj
44.1 '47.9
thous. sh. tonsImports (general):
Ores®?
-.__—„
do
31.1
29 8
12.1
Metal (slab, blocks)!
do
9.9
Consumption (recoverable zinc content):
Ores® _......._...
do
38.7
'
3
88
Scrap, all types
„
do—. 3 17.0 '3 18.5
290
18, 560
1. 5060
160
18, 480
1. 5965
611
24, 260
1. 8067
83
24, 215
1. 9195
567
25, 250
1. 6498
46.9
47.7
49.3
46.8
50.3
47.4
47.5
50.5
49.3
55.2
53.5
48.2
33 5
8.9
29 1
7.9
28 9
9.6
24 6
9.3
on Q
qn K
qo Q
9Q 1
on Q
AQ 9,
OK Q
OO Q
9-6
12 3
9.4
12.1
15.1
7.2
18,3
94
85
17 1
87
16 2
80
16 7
76
16 9
85
16 6
A
Q 7
a
16 8
16 6
in e
17 fi
17 6
V Pr imi ar
] See
3
*
el ? ynote "O" for p. 8-21.
2 See note "© »for this page.
Based on annual total; for aluminum castings, monthly revisions back to 1962 will be
avaiia Die later.
o+GP?n«otSoon^ factors to derive tonnage equivalent (1964-65, 23.7 base boxes per ton of
steel; 1963, 23.5 boxes; 1962, 23.2 boxes); revisions back to 1961 are available
tEffective Dec 1964 SURVEY, data for all periods represent estimated industry recovery
of aluminum (excluding alloying constituents).
ABeginning Jan. 1962, net shipments of ingot derived by new method to include imports
403
i 251
90
219
21, 285 24, 343 23, 655 24 035
1. 9027 1. 6311 1. 5726 1. 5498
8
8
a
16 9
8
16 7
.3560
•p 799
P 544
•P 275
no. 2
311
162
182
22, 635 23, 225 20, 420
1.6167 1. 8538 2. 0461
. 2450
mo
.1600
173
1. 8894
1. 8412
32 3
3.7
Q 7
18 9
not previously included; revisions back to Jan. 1961 are available. JRevisions for 1962 are in
the Sept. 1963 SURVEY: those for 1st half 1963 are available upon request.
©Basic metal content (for tin ore, Sept. 1963 through Apr. 1964 data are in terms of gross
weight).
tSee similar note, bottom p. S-32.
'/Beginning Aug. 1964, data reflect sales to the industry of metal released from the Government stockpile.
cf Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§Stocks reflect surplus tin made available to industry by GSA.
SURVEY OF CUKEENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
August 1965
June
July
1965
Oct.
Sept.
Aug.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc: |j
Production (primary smelter), from domestic
Secondary (redistilled) production
Stocks, end of year or mo.:
Producers',^ smelter (AZi)A
do
..-—do
Price, prime Western (East St. Louis) .."$ per lb_.
MEATING EQUIPMENT, EJ.C, ELECTRIC
Radiators and conveetors, shipments:
Cast-iron
mil. sq. ft. radiation..
Nonferrous*
. do
Oil burners :
Shipments
-__thous__
Stoves and ranges, domestic cooking:
Shipments total (excl liquid-fuel types)
74.4
5.0
92.1
2.8
80.6
5.3
100.6
2.2
80.9
5.2
99.5
2.7
78.9
4.9
94.7
4.4
80.7
5.4
100.9
2.6
77.6
4.8
108.6
4.1
81.8
6.3
109.6
1.6
80.0
5.8
100.4
.1
80.2
5.9
102.8
.3
79.2
6.0
106.9
.8
75.8
6.2
104.3
.6
83.2
6.7
118.7
.5
82.8
6.5
109.8
1.2
86.9
6.8
113.3
.4.
47.9
92.1
.1200
32.0
103.0
.1357
30.4
87.2
.1350
25.7
89.5
.1350
29.5
83.5
.1350
30.6
99.1
.1350
33.9
103.0
.1399
36.4
98.0
.1450
32.0
103.0
.1450
34.4
93.5
.1450
28.4
87.1
.1450
22.9
79.7
. 1450
20.2
'77.6
.1450
25.2
102.8
.1450
1.0
9.2
.9
9.4
.7
9.9
.7
9.0
.9
10.5
1.2
13.6
1.3
12.9
.8
9.6
.7
8.8
.6
8.2
.8
7.3
.8
8.3
.7
8.0
.5
6.4
48.8
42.2
47.3
42.6
48.1
59.5
42.8
54.4
62.0
50.5
66.7
46.2
62.9
41.9
50.6
39.5
35.4
42.6
44.8
38.2
38.4
39.5
46.2
45.5
'40.5
'51.1
43.0
47 5
174. 1
172.1
150.7
167. 0
206.9
179.5
170 0
176.0
173.1
183.3
180.9
189.7
187.2
162.1
159.6
196.3
193.5
203.9
200.7
205.0
201.4
174.6
172.5
161 9
101.5
150.9
102.3
171.0
122.6
205. 4
142.8
222.4
158.7
231.9
160.4
283.7
194.9
132.9
92.5
98 6
70.6
49.9
48.1
119.4
84.5
117. 8
95.3
200.3
118. 8
96.8
223.3
111.6
93.1
215.0
120.5
100.7
213.2
139.7
111.3
213.0
169.1
131.3
230.7
170.2
134.6
256.5
121.9
97.0
190.5
106.3
87.9
194.2
104.3
85.2
210. 0
99.5
79.1
230.4
103. 7
83.1
227.2
141.1
U5,7
145.6
118.7
49.3
18.1
131.9
218.6
138.2
157.8
122.1
8.2
1.1
3.4
9.6
1.1
4.8
7.5
1.2
3.2
9.2
.9
3.6
10.8
1.0
6.8
11.1
1.2
5.3
13.7
1.8
6.4
8.3
1.1
4.1
128.7
152.0
138.9
153.0
147.4
155.2
150.6
163.1
547
581
574
594
653
636
581
519
473
585
555
632
604
688
585
671
724
694
564
566
572
627
2,434
3,014
3,109
3,003
2,730
3,127
3,316
3,208
3,762
2,944
_
- mil. $_
do
do
.. do __
months..
59.50
47. 50
49.90
41.10
5.2
81.35
67.40
65.95
53.05
6.6
100.10
83.35
73.80
62.25
6.6
78.10
66.50
60.00
51.70
6.7
73.80
62.65
60.90
51.20
6.8
83.60
68.00
72.30
56.85
6.9
81.00
67.70
71.65
54.40
6.8
69.95
57.85
65.65
52.75
6.8
81.05
70.75
86.50
70.35
6.3
Metal forming tools:
Orders, new (net), total
Domestic.
_>
„_.„_
Shipments, total
Domestic
Estimated backlog ._
mil. $..
__.do
do
do
.months..
18.10
15. 90
15.30
12.80
4.7
32.35
29.40
19.00
16.70
9.9
63.10
56.95
21.40
19.85
10.8
27.90
25.45
18 80
16.30
11.1
15.80
14.90
17 35
14.10
10.8
25.40
20.55
15.90
13.10
11.1
22.75
19.45
21 15
18 70
11.1
23.95
20.40
20.35
18. 10
11.2
do»__.
Stoves domestic heating shipments, total
do
Gas *
..do
Warm-air furnaces (forced-air and gravity air-flow),
Qaq
_.. _
Water heaters, gas, shipments
„
_....do
do —
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Fans and blowers new orders
____mil. $_.
Tin it- neater group new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments, 1957-59=100..
Furnaces (industrial) and ovens, etc., new orders
(domestic), netf
._ _ :
mil. $..
Electric processing
do
Fuel-fired (exe. for hot rolling steel) ._
do
Material handling equipment (industrial):
Orders (new), index, seas, adj
1957-59=100..
Endustrial trucks (electric), shipments:
Hand (motorized)
number..
Rider-tvpe
.- _.
do
Industrial trucks and tractors (internal combustion
engines), shipments
„_„ .number. _
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
_..
Shipments, total
Domestic
Estimated backlog
-
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
total 9
mil. $.. i 1312. 3 i 375. 4
78.6 198.1
Tractors, tracklaying, total
do
i 23.0 i 28 0
Tractors wheel (con orT-highwav)
do
Tractor shovel loaders (integral units only),
173.6
i 87. 8
wheel and tracklaying types
mil $
Tractors, wheel (excl. garden and contractors'
U50. 9 1 169. 8
off-highway types)
mil. $
Farm machines and equipment (selected types),
excl tractors©
mil $ 1210.3 i 238. 6
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shlpments....thous_.
Household electrical appliances:
Ranges (incl. built-ins), sales, totalt
do__
Refrigerators and home freezers, output f
1957-59= 100. _
Vacuum cleaners, sales billed
thous..
Washers, sales (dom. and export)
do
Driers (gas and electric), sales (domestic and"
export). —
thous..
2,653
155.8
2,442
163.8
221.4
176.0
472.2
119.6
37.2
367.6
105.0
27 2
407.3
249.0
374.1
192.9
274. 6
13.8
1.3
5.1
11.9
1.9
5.5
16.0
4.3
7.5
9.4
1.7
4.6
'11 3
1.1
'5.3
97
1.4
5.1
199.4
177.5
165.8
629
808
540
663
557
820
3,176
3,445
2,604
3,242
81.85
72.95
68.10
58.55
6.5
91.40
78.00
70.35
60.45
6.7
97.80
86.65
90.30
77.75
6.6
96.05
74 75
85.70 '67 10
77.75 r g2 45
68.20 ' 71 75
6.6.
6.4
94 15
87 50
85 35
71 85
6.6
38.25
36.35
24.20
22.00
10.9
20. 00
18.45
21. 20
19.60
10.5
22.50
20.55
24.55
2 2. 80
10.2
24.95
23.30
27.65
25.10
9.7
20. 15 ' 24 05
17.75 '-22 55
21.25 f 27 90
19.40 r 24 go
9.5
'90
41 75
40 55
25 70
23 20
97
317.2
93.4
20 4
237.8
2 34. 7
2
42.6
237.9
2 39.9
269.2
267.7
283.3
274.1
263.5
'1 660 1,920
169.3
139.9
72 6
142.1
266.5
219 8
190.6
O QQQ
163.7
163.0
335.2
345.8
152.2
90.5
128. 5
102.3
f\
q flK7
q KQA
2
1 fifi O
1B7 ft
m
d.ftQ fi
QQ-I
f)
QOO o
1QQ A.
070 A.
q-io i
1QQ
-1
184.9
294.5
0C1
l)
•JQK Q
158.3
AM
46.5
14.4
380.8
83 6
2, 269
'79.2
215. 9
.1450
13.6
1.4
5.6
120.4
1,816
49 3
109 4
88 8
26.9
.1450
358.5
199.6
1, 523. 5 1, 598. 0 31,770.9
Radio sets, production!
do
797.5 3835 5
Television sets (incl. combination), prod.f. do"
594.2
Electron tubes and semiconductors, factory sales ©
KA A
53.9
148
165
Motors and generators:
i i KI
1 fifl
1 178
New orders '(gross):
"
~
Polyphase induction motors, 1-200 hp__mil. $__
12.4
15.3
17.9
D.C. motors and generators, 1-200 hp
do
3.0
3.5
2.6
077 A
309 5
TU K
C
2 215
1 769
1 722
m
n
205 5
161 7
144 1
176.3
1R1 f\
Alfi 7
qqo a
168 4
1 fi9 0
qnrj n
397 8
298 0
160 5
329 6
315 0
159 8
367 9
388 7
I CO Q
•tAK o
91 9
83 3
109 0
AQZ, O
1,055.5 1,633.4 32,193.8 1, 692. 8 1, 700. 0 81,961.6 1, 702. 1 1, 825. 4 32,306.0 1, 782. 2 1,792.8 32,171.0 1, 802. 1
606.0
751.1 3 952. 9
756.7
745. 1 850. 9 3 996. 0
956.3
913.8 8 931. 6
517.4
705.8 31,052.7
AA 1
KA
1
-jqc
60 2
en 4.
57 1
58 7
IRQ
•to i
Ifiq
1fi7
14.9
2.8
15.8
2. 5
1R1
55 2
55 0
64 5
4 197
7
1A 4.
18 9
205
191
176
14.8
2.6
2
3
' Revised.
v Preliminary.
i Quarterly average.
J?QT month shown.
Data
cover 5 weeks; other months, 4 weeks.
< Quarterly index.
11 See note "||", p. S-33.
AProducers' stocks, elsewhere, end of July 1965, 6,300 tons.
*New series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Conveetors,
90 to 95%; radiators and baseboards, 80 to 85%.
9 Includes data not shown.
cf Includes data for built-in gas fired oven-broiler units. Shipments of cooking tops, not
included in figures above, totaled 25,600 units in May 1965.
201.6
109.0
127.8 •p 141.9
375. 6
353. 9
329. 1 349. 1
133.0
45.0
18.1
46.1
25.4
'48.6
' 100. 0
.3
23.3
2. 7
4.5
M
3
A
A
1
19 5
32
17 6
p3 7
tAs reported by the Industrial Heating Equip. Assoc. for member companies, including
orders (not shown separately) for indust. ovens, atmosphere generating and combustion
equip., and miscel. items. Monthly data back to 1958 are available.
©Revisions for
1962 appear in the June 1964 SURVEY.
1 Revisions for 1961 are available.
{Revisions for 1962-63 appear on p. S-34 of the Apr. 1964 SURVEY.
. .
§Radio production comprises table, portable battery, auto, and clock models; beginning
Jan. 1964, data for television sets include color sets.
0See similar note, p. S-35.
SURVEY OF CUEKENT BUSINESS.
August 1965
Unless ©tlierwlse stated, statistics through 1962
and descriptive notes are shown IB the 1963
edition of BUSINESS STATISTICS
1963
1965
1964
1964
Monthly
average
S-35
June
July
Aug.
Sept,
June
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
1,313 ' 1, 626
73
93
July
PETROLEUM, COAL,
COAL
Anthracite:
Production-.-.—..
_.._.__thous. sh. tons..
Prices!
Bituminous:
Production
1,522
279
1,373
131
29.39
13.361
13. 895
30 30
13. 195
1,245
142
1,240
128
1,275
120
1,278
78
1,348
61
1,262
132
1,045
23
1,305
42
1,171
45
13.699
13. 699
13.699
14, 196
14. 198
14. 196
14. 441
14.441
14. 441
12. 005
12. 005 p!2. 005
41,463 42,959
39, 390
37, 290
43, 150
41, 605
41, 880
41, 848
21, 174
17, 768
8,156
42, 813
21, 471
18, 517
8,215
38, 697
19, 608
16,346
7,554
41, 394 '35,866 '35,417
21, 134 18, 323 18, 632
17, 887 '16, 479 '16,174
8,445 ' 8, 144 ' 8, 430
1,816 ' 1, 182
171
158
— thous. sb. tons.. 38,244
40, 167
41, 613
31, 987
41, 949 43, 275
45, 439
Industrial consumption and retail deliveries,
tots) 9
..........thous. sh. tons.. 34, 102
17, 420
Electric power utilities......
........do
14,664
T^Efs and mining industries total
do
Coke plants (oven and beehive)
___do.._- 6,469
35,918
18, 586
15,640
7,388
33, 218
17, 997
14, 568
7,350
33, 764
18, 794
14, 237
7,447
34,613
18,685
14,774
7,457
34, 470
18,013
14,864
7,482
37,415 '36,965
18, 682 18, 678
16, 449 16, 355
7,964
7,870
Retail deliveries to other consumers..— _ .do. ... 1, 962
1,635
562
655
1,066
1,501
2,190
1,851
2,906
2,825
2,743
Stocks, industrial and retail dealers', end of
month, total9
.thous. sh. tons.. 65, 692
46, 139
Electric DO wer utilities
do
19, 103
M!fg and mining industries total
do
7,373
63, 842
48, 762
20, 149
8,665
70, 700
49, 331
21, 012
9,375
65,616
46,921
18, 306
7,461
67,682 71, S92
48,443 51,279
18,823 20, 185
7,976 8,643
75, 153
53, 697
21, 061
9,343
77,283
54, 785
22, 087
9,873
75, 342
52, 681
22, 305
10, 081
70, 435
49, 195
20, 930
9,517
67, 141
46, 589
20, 296
9,225
...—..—
2,370
43, 870
442
64,923 '65,489 r 68, 692
44, 670 44, 973 47, 713
20, 070 '20,349 '20,763
9, 424
9,576 ' 9, 749
71, 418
49,857
21,311
9,970
do
450
366
357
389
416
428
395
411
376
310
256
183
167
216
250
do
3,923
3,997
4,617
4,038
5,250
4,263
4,973
3, 718
3, 791
12,218
2,675
3,040
4, 268
4,707
5,069
Wholesale:
Screenings in dust use f o b mine
do
Domestic, large sizes, f.o.b. mine..... ..do
2 4. 748
27.014
4.798
6.895
4.840
6.513
4.832
6.657
4.829
6.800
4.814
6.987
4.810
7.016
4.810
7.094
4.810
7.144
4.788
7.176
4.789
7.175
4.785
6.960
4.804
6. 582
' 4, 806 v 4, 792
' 6, 551 p 6, 557
81
4.442
1,344
98
5,075
1,405
79
5,037
1,436
67
5,164
1,501
90
5,138
1,415
105
5,141
1,349
115
5,476
1,382
138
5,370
1,354
154
5,564
1,412
156
5,603
1,496
150
5,128
1,406
181
5,732
1,448
149
5,569
1,332
'136
'5,781
1,389
163
5,565
2,972
2, 275
697
1,200
38
2,392
1,982
410
1,354
45
2,281
1,862
419
1,393
40
2,353
1,876
477
1,417
61
2,357
1,878
479
1,379
59
2,359
1,915
444
1,339
36
2,346
1,973
373
1,324
63
2,211
1,888
323
1,375
62
1,975
1,713
262
1,359
36
1,855
1,634
221
1,461
159
1,656
1,485
171
1,507
57
1,424
1,277
147
1,508
74
1, 225
1,095
130
1,539
59
1,136
993
143
1,564
60
1,119
982
137
number 3 1, 691
2.93
$ per bbL.
264.2
mil bbl
87
% of capacity
1,718
2.92
270.1
87
1,730
2.92
268.0
87
1,819
2.92
281.7
88
1,892
2.92
281.0
88
1,945
2.92
269.1
87
1,705
2.92
273.3
86
1,836
2.92
262.6
85
1,662
2.92
279.8
88
1,455
2.92
277.1
87
1, 554
2.92
250.3
87
1,522
2.92
275.2
86
1,478
2.92
262.3
85
1,354
2.92
272.9
85
343.9
330.3
350.5
362.4
327.1
366.4
353.2
346. 8
240.9
37.0
218.6
34.3
243.8
38.4
236.8
36.7
283.3
36.8
Retail dealers
Exports
Prices:
17.23
17.46
COKE
Production:
Beehive
Oven (byproduct)
^etroleum cokef
Stocks, end of month:
Oven-coke plants, total
At furnace plants
At merchant plants
Petroleum coke
Exports
thous * sh tons
__ do
do
do
do
do
do
do
33,935
35,583
19,292
15, 761
8,118
528
1,019.
1,256
69
FETHOLEUM AND FEODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio
All oils, supply, demand, and stocks:!
New supply, total
mil bbl
Production:
Crude petroleum
do__
Natural-gas liquids, benzol, etc
do
Imports:
Crude petroleum
„„__
do
Refined products. _ _ _ _ „ _ _ „
do
Change in stocks, all oils (decrease,—)—» do
Demand, total
Exports:
Crude petroleum
„
Refined products
....
Domestic demand, total9___._
Gasoline
Kerosene
„
Distillate fuel oil
Residual fuel oil...
Jet fuel..
..
Lubricants.......
Asphalt
Liquefied gases
._._.
_
Stocks, end of month, total....
Crude petroleum
Natural-gas liquids.
Refined products
Refined petroleum products:!
Gasoline (incl. aviation) :
Production. ....
Exports
Stocks, end of month
327.4
337.7
321.9
340.2
335.5
325.0
229.4
33.4
233.8
35.0
228.3
32.9
233.7
34.5
232.6
34.9
227.9
34.7
237.3
35.6
230.7
35.5
242.3
37.0
34.4
30.2
.1
36.6
32.4
.3
34.4
26.3
1.1
43.8
28.1
12.9
40.7
27.2
16.6
36.9
25.6
3.2
39.2
31.8
1.8
34.1
30.0
4.2
31.7
39.5
-43. 2
37.3
47.1
-15.2
32.7
41.5
-22.1
41.4
42.8
-11.3
38.1
41.6
12.2
39.0
32.9
23.9
327.3
337.4
320.8
327.3
319.0
321.8
342.1
326.1
393.8
378.7
349.2
377.7
341.0
323. 0
.1
do.—
6.2
. . . do
320.9
_. do
«136. 0
do
414.4
do
.1
6.0
331.2
142.0
14.9
.2
6.4
314.2
153.5
10.3
.1
6.7
320.5
156.7
12.3
.1
6.0
312.8
150.1
12.8
A
5.6
316.2
145.6
13.7
.1
6.5
335.6
147.8
15.8
0
5.4
320.7
131.5
15.1
.1
6.2
387.4
145.5
20.7
.1
5.0
372.5
5125.0
613.0
(fl)
4.7
344.4
119.6
12.0
(<0
6.3
371.3
140.4
11.0
.2
6.3
334. 5
140.9
6.3
0
5.8
317.2
149. 6
4.3
do
do
do
462.3
M4.9
9.6
62.4
46.3
9.9
43.8
35.7
11.9
41.2
38.2
10.3
41.4
36.7
10.7
48.1
38.3
10.6
56.8
45.1
9.8
65.9
45.7
9.7
94.5
61.2
7.3
92.2
65.9
518.7
86.0
58.9
14.8
83.2
60.1
17.2
61.3
54.6
17.6
45.5
39.9
19.7
do
do
do
3.6
9.8
419.7
3.8
10.0
20.4
4.3
15.5
15.7
4.0
16.7
17.6
3.7
16.7
18.6
3.9
15.5
18.8
3.7
13.9
20.9
3.6
7.9
21.9
3.4
3.9
29.0
3.9
3.5
25.7
3.2
3.5
24.3
4.3
4.8
25.2
3.8
7.7
18.5
4.2
12.3
16.9
do
do
_ _ _ do
do
4831.1
246.9
33.8
4 550. 4
844,7
242.5
38.7
563.5
843.9
251.2
42.5
550. 1
856.7
246.3
45.0
565.3
873.3
237.9
46.6
588.7
876. 5
232.8
46.8
596.9
878.2
235.2
46.1
596.9
882.5
236.8
43.2
602.4
839.2
230.1
35.7
573.5
824.0
230.2
31.0
562.8
801.9
230.3
27.7
544.0
790.6
239.6
26.3
524.8
802.9
251.4
29.7
521.8
826.7
255.1
35.0
536.7
do
do
do
4135.4
.6
4192.8
142.2
.7
201.5
140.5
.7
198.5
149.7
1.0
191.4
149.4
.8
190.9
142.5
.5
188.6
145.9
.7
187.2
141.4
.7
197.2
147.3 «145.6
5.8
.8
199,5 » 213. 9
130.5
.3
225.0
139.7
.3
224.9
133.4
.4
217.4
137.9
.5
205.6
.109
.102
.103
.105
.093
.090
.105
.113
.113
.113
.113
.110
.113
.113
p . 113
.201
.200
.207
.201
.198
.201
.200
.202
.202
.198
.192
.212
.208
.208
.213
do
Prices (excl. aviation):
Wholesale, ref. (Okla., group 3).
$ per gal_.
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
_ ..$ per gal
2
r Revised.
» Preliminary.
1 See note "Q" for p. S-21.
Data beginning Jan. 1963
not entirely comparable with those for earlier periods.
3 Beginning Jan.
1963, data exclude
5
condensate wells formerly included.
4 gee note i for p. S-36.
Beginning Jan. 1965,
gasoline excludes special naphthas; aviation gasoline represents finished grades only (alkylate
excluded); commercial jet fuel (formerly included with kerosene) is now included with jet fuel.
& Less than 50,000 bbls.
9 Includes data not shown separately.
p 2. 92
§ Includes nonmarketable catalyst coke.
^Revised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p. S-34—0 Beginning Jan. 1964, excludes i
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.
SURVEY OF CURRENT BUSINESS
S-36
1964
1964
1963
Umiess otherwise stated, statistics through 1962
and descriptive notes are shown In the 1963
edition of BUSINESS STATISTICS
August 1965
Monthly
average
June
July
Aug.
1965
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products!— Continued
Aviation gasoline:
10.4
Production
mil. bbl_.4
Exports
do _
10.7
Stocks end of month
-do
Kerosene:
US. 8
Production
do „
*3i.7
Stocks end of month
do
Price,'wholesale, bulk lots (N.Y. Harbor)
.102
$ per gal
Distillate fuel oil:
163.8
Production
mil* bbl
.8
Imports
- do
1.3
Exports
do
* 135. 8
Stocks end of month
do
Price, wholesale (N.Y. "Harbor, No. 2 fuel)
.092
$ per gal
Residual fuel oil:
123.0
Production
mil. bbl
22.7
Imports
do
1.3
Exports
do
148.8
Stocks end of month
do
1.57
Price wholesale (Okla No 6)
$ per bbl
Jet fuel' (military grade only) :
8.3
Production
mil. bbl
9.4
Stocks end of month
do
Lubricants:
5.3
Production
do
1.5
Exports
- do_
13.7
Stocks end of month
do
Price wholesale bright stock (inidcontinent,
.270
fob Tulsa)
-_ $ per gal
Asphalt:
9.3
Production
_ mil. bbl
16.7
Stocks end of month
_ . __
do
Liquefied petroleum gases:
14.7
Production
_ _ __
do
15.2
Transfers from gasoline plants
do
Stocks (at plants terminals underground, and
130 2
at refineries) end of mo
mil bbl
Asphalt and tar products, shjpments:t
Asphalt roofing, total
_
- thous. squares
Roll roofing and cap sheet . do
Shingles all types
do
Asphalt siding .
Insulated siding _
Saturated felts
10.7
10.8
11.7
4
48.2
3.8
.2
8.5
17.3
36.2
49.7
424.0
8.7
8.4
20.7
18.1
18.7
21.0
.101
.101
.101
.095
.095
66.2
60.1
61.5
58.8
61.1
84.6
82.8
99.4
4. 7
15.0
38.6
.093
.093
.093
.093
.095
.099
64.2
62.0
59.4
59.0
58.7
66.2
1.9
.4
1.1
.4
186.7
189.4
.6
.3
175.0
182.6
155.8
130.6
.096
.093
61.8
61.1
153.6
.6
.4
.6
8.9
.9
.2
.9
.6
.8
.5
.5
8.7
4.0
.3
8.8
.6
9.1
10.9
15.3
37.9
12.7
34.4
1.0
.3
10.1
13.9
37.3
11.6
32.8
130.3
10.1
13.4
36.0
14.1
33.4
1.0
.5
11.2
.5
8.1
.6
9.0
143.5
11.6
.3
8.5
.5
9.2
.5
9.4
4.8
.8
.2
105.3
1.4
.6
3.8
.3
9.0
6.9
.8
.2
4.3
.4
8.6
6.6
1.2
.3
.086
.083
.083
.083
.083
.083
.085
.089
.091
.091
.091
.087
.087
22.3
24.7
19.5
17.7
21.6
20.5
21.1
18.4
21.3
18.9
22.5
24.7
23.5
23.3
25.7
30.9
25.9
38.7
23.3
34.2
25. 4
34.7
21.8
34.1
21.6
24.6
1.6
1.9
1.5
1.5
1.5
1.9
1.3
1.5
1.5
1.7
1.6
1.4
40.4
1.35
43.0
1.35
44.6
1.35
45.4
1.35
45.9
1.50
46.1
1.65
40.4
1.80
38.3
1.80
35.7
1.80
34.4
1.75
34.5
1.75
40.1
1.75
9.0
9.3
9.9
8.6
10.0
10.4
10.7
8.9
9.6
8.7
9.1
8.7
8.9
8.2
9.9
414.9
417.7
13.7
18.7
16.0
19.2
15.8
20.0
16.9
20.0
5.3
1.5
5.2
1.6
5.4
i.7
5.3
1.5
13.0
13.0
13.3
14.1
13.9
14.4
14.0
13.7
.270
.270
.270
.270
.270
.270
.270
.270
.270
270
13.7
15.4
12.5
12.8
11.7
11.1
8.2
6.1
5.7
7.4
11.7
16.9
8.3
14.2
5.7
19.4
22.4
23.3
12.2
23. 5
5.1
4.9
4.6
4.9
5.1
4.8
4.8
17.1
22.9
19.2
20.1
4.8
14.0
20.6
4.5
12.8
16.3
4.8
11.4
14.1
4.6
14.5
13.0
35 2
39.5
42.3
43.9
44.3
43.6
40.6
31.8
26.8
23.2
21.4
25.3
31.1
5,374
2,009
3,365
5,923
2,185
3,738
7,405
2,496
4,909
7,664
2,742
4,922
7,068
2,655
4,412
7,234
2,733
4,502
7,222
2,807
4,416
5,320
2,116
3,203
3,815
1, 485
2,329
3,404
1,416
1,989
3,880
1,529
2,351
5,504
2,289
3,215
5,216
1,992
3,224
6,070
2,197
3,874
66
70
82
60
57
83
56
75
94
64
74
97
64
68
95
76
75
90
83
82
91
70
47
75
50
27
62
45
25
64
47
23
70
49
38
91
37
47
68
40
61
75
4,038
4 268
4 695
4,190
4 365
4 429
_ _do
do
thous. sh tons
5.4
5.4
1.7
1.6.
12.9
12.9
.270
.270
16.9
12.7
20.2
13.6
17.8
4.9
5.1
15 6
13.5
13.1
.270
9.6
5.3
1.2
5.7
1.5
4.9
1.3
4.9
1.1
5.5
1.6
5.3
1.9
*.087
.9
42.7
1.50
9.5
» .095
»1.75
-5.6
1.7
13.4
v.27Q
PULP, PAPER, AND PAPER PRODUCTS
PULP WOOD AND WASTE PAPER
Pulp wood:
Receipts......
thous. cords (128 cu. ft.)
Consumption. __._ _
do
Stocks, end of month
do
Waste paper:
Consumption
thous. sh. tons
Stocks, end of month
_
do
3,835
3 870
5 124
4,064
4 027
4 763
4 120
3 952
4*478
4,186
3 898
4 660
4,254
4 151
4 620
4,145
3 823
4 924
4,220
4 273
4 807
3,801
3 977
4 769
3, 841
3 829
4 875
4.180
4 234
4 893
3 789
3 925
4 818
4,158
4,293
4,809
796
501
783
480
795
467
686
485
827
476
797
474
861
468
787
482
737
522
789
507
784
498
r
882
r
494
"•831
r
522
'818
f
513
WOODPULP
Production:
Total, all grades..
thous. sh. tons
Dissolving and special alpha
do
Sulfate.,..-...
do
Sulfite.».
do
2 510
2 645
2 769
124
2 544
2 855
226
1 602
208
1 754
244
192
1 516
2 781
'l20
1 699
*230
2 585
1 688
2 818
'l26
1 708
2 624
1 545
2 545
'l06
1 529
2 764
107
1 595
2 608
' 132
1 543
*223
2 509
1,495
1 694
239
2 900
'l32
1 787
'242
289
2
323
128
252
324
127
260
300
123
222
337
128
258
319
127
242
346
130
264
321
131
268
314
131
253
335
125
274
305
122
242
336
121
261
323
128
256
342
125
271
3 713
769
278
389
95
759
273
392
93
777
293
394
90
795
263
377
85
736
275
381
80
728
268
381
80
738
233
414
92
743
276
387
80
754
294
373
80
736
273
381
82
722
268
78
749
270
392
87
78
737
278
375
83
118
44
75
134
48
85
127
40
87
141
62
79
143
36
107
134
55
79
121
46
75
112
42
70
152
59
93
573
76
32
44
176
67
109
147
58
90
132
48
85
107
43
64
231
22
210
244
23
221
256
23
°33
227
23
256
22
261
22
9°.Q
257
24
232
257
26
901
210
16
00 K
230
21
209
1Q4
244
23
221
301
26
265
251
25
226
244
23
221
288
26
263
3 732
l' 632
I 739
3 402
1 493
1 599
3 249
I /IRQ
1 513
3 537
3 370
Groundwood
Defibrated or exploded
Soda, semichem., screenings, etc
Stocks, end of month:
Total, all mills....
Pulp mills
_
Paper and board mills
.
Nonpaper mills
Exports, all grades, total
Dissolving and special alpha
Allother__
Imports, all grades, total
Dissolving and special alpha
All other.—.
_do
.
do.
....do
do
do
do
do
do....
do
do
_ _ _ _ _ _ .do
_..___ do
do
114
224
136
2252
8
263
372
121
211
904
234
222
111
121
8 15
58
117
1 584
'215
144
239
122
r
377
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, seas, adj.- __ thous. sh. tons.3 445
3 578
All grades, total, unadjusted
_do.
3,268
3 441
3 291
Paper
do
1 438
1 505
1 484
1 521
1 414
Paperboard
do
1,522
1 615
1 552
1 612
1 711
Wet-machine board...
__
do
9
12
11
12
10
Construction paper and board
do
296
312
333
317
336
viS d
relim
? M * i,. I £
mary., ! Beginning Jan. 1963, data for the indicated items exclude
9 ™£
which have been reclassified as petrochemical feedstocks
I3 S2ecHve T •1963' "screenings, etc." included with "defibrated or exploded."
Effective Jan. 1963, excludes stocks of "own pulp" at paper and board mills.
3 373
1 458
1 576
12
327
4
13
349
11
299
12
235
1 ^Q8
-i' AGO
1 660
' 12
1 603
267
li
262
3 788 r 3 682 »-3 719
1 661 r j gl£ T 1 6H
1 780 1 736 r 1 768
' 12
13
11
'329
323
335
See note 5 for p. S-35.
« See note "O" for p. S-21.
JRevised monthly data for 1962 for petroleum products appear on p. 28 of the June 1964
SURVEY; revisions for 1962 and 1963 for asphalt and tar products appear on p. 32 of the Apr. 1964
SURVEY.
SURVEY OF CURRENT BUSINESS
August 1965
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
1964
1964
Monthly
average
S-37
June
July
Aug.
Sept.
1965
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
101.4
110.7
96.3
92.7
July
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— Continued
New orders (American Paper and Pulp Assoc.):
All grades, paper and board.— thous. sh. tonsWholesale price indexes:
Printing paper
1957-59=100..
Book p aper A grade
do
Paperboard 9
do.--Building paper and "board.
do
Selected types of paper (APPA) : t
Fine paper:
Orders, new....
._
_— .thous. sh. tons,.
Orders, unfilled, end of month. „
....do.—
3,284
3,469
3,481
3,395
3,567
3,436
3, 754
3,395
3,273
3,532
3,413 ' 3, 936
3,755
101.4
107.4
94.7
96.2
101.4
109.4
96.5
94.2
101.4
109.9
96.5
94.4
101.4
109. 9
96.5
94.4
101.4
109. 9
96.4
94.1
101.4
109.9
96.4
94.5
101.4
109.9
96.4
94.3
101.4
109.9
96.4
93.9
101.4
109.9
96.4
93.3
101.4
109. 9
96. 4
93.4
101.4
109.9
96.4
92.2
101.4
109.9
96.3
92.2
101.4
110.7
96.3
92.3
101.4
110.7
96.3
'92.7
175
100
186
92
187
89
188
101
185
91
176
92
192
89
191
106
175
98
177
116
195
127
223
'128
••213
>-136
208
136
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of month
do
do
178
175
187
187
189
196
171
179
190
185
185
179
197
193
182
186
183
180
191
175
187
190
216
223
'203
r201
201
208
do
do
448
389
483
402
482
398
467
413
461
390
463
392
538
439
478
420
496
437
510
448
484
465
577
485
'535
r511
525
521
Production
Shipments
Coarse paper:
Orders new
Orders, unfilled, end of month..
do
do
439
439
468
468
473
473
445
445
461
461
444
444
503
503
477
477
472
472
490
490
464
464
522
522
»-520
f-520
517
517
do
__do._._
355
164
366
168
342
143
357
161
384
170
370
187
397
193
364
203
362
190
393
214
387
240
411
233
••387
«-224
383
226
Production
do
Shipments
do
Newsprint:
Canada:
Production
do _
Shipments from mills
__
do
Stocks at mills, end of month..
......do
United States:
Production
do
Shipments from mills
do_
Stocks at mills, end of month
do____
353
351
363
361
341
336
337
341
372
366
353
353
397
394
360
359
359
360
388
375
370
365
412
414
••387
'391
391
379
553
552
268
608
609
238
610
625
240
617
620
237
637
634
239
605
628
215
664
661
218
643
665
196
614
632
178
606
556
228
582
500
311
650
595
366
622
677
311
648
691
268
634
697
205
185
184
37
188
189
30
194
192
34
174
182
27
200
194
33
181
188
26
198
196
28
183
184
27
176
181
22
191
179
34
174
180
27:
185
187
25
183
188
20
198
196
21
169
171
19
Consumption by publisherscf—
- do___
Stocks at and in transit to publishers, end of
monthcf
thous. sh. tons.
465
503
496
453
472
491
532
550
535
490
461
535
544
570
527
588
566
529
562
591
608
599
574
585
571
585
559
554
526
560
Imports
_ _ . ...
do.
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh. ton
451
496
513
515
492
506
527
546
584
422
429
554
'500
515
581
134. 40
134. 23
134. 40
134. 40
134. 40
134. 40
134. 40
134.40
132. 40
132. 40
132. 40
386
574
384
88
395
587
388
89
361
624
351
79
400
610
404
92
385
606
380
87
410
627
405
92
384
576
391
88
358
563
358
79
390
558
390
89
408
597
408
92
428
632
414
93
419
683
410
91
431
727
423
92
11, 436
11, 068
11, 159
13, 755
10, 219
13, 323
10, 899
11, 599
11, 039
10, 881
12, 519
12,112
11, 865
12, 674
125.7
133.3
121.2
125.3
128.5
134.0
121.3
128.7
115.5
114.7
132. 3 '125.5
120.4
* 133. 2
42 24
90 19
19 02
.261
42 13
79 12
27.53
.261
48 24
91 10
42 54
.260
-
Paperboard (National Paperboard Assoc.) : §
Orders, new (weekly avg.)
thous. sh. tons.. 1357
518
Orders, unfilled, end of month..
do___.
1358
Production, total (weekly avg.)....
do
87
Percent of activity (based on 6.5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
shipments© _
mil. sq. ft. surf. area_. 10, 716
Folding paper boxes, shipments, index of physical
volume...
....1947-49=100.. 126.1
132.40 132. 40
132. 40 *>132. 40
424
762
405
89
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tons
Stocks, end of month
do
Imports, incl. latex and guayule . _
do____
Price, wholesale, smoked sheets (N.Y.)___$ perlb__
Synthetic rubber:
Production
Consumption
Stocks, end of month
Exports
_
_
40.12
73.07
36. 77
p. 252
41.24
67.14
31.24
.251
34.73
75. 39
40.51
.246
thous. Ig. tons__ 134. 04 147. 08
do
108. 90 120. 96
do
281.06. 289. 93
do
23.60 26.77
146. 94
124 70
293 02
24 98
137.99
104 42
300 31
25 60
25 22
22 31
30 92
38. 10
72.70
31.63
p. 263
... _ _
Reclaimed rubber:
Production.
.
Consumption
Stocks, end of month....
do
do
do
23.45
21 97
30.30
23 02
21 93
30 81
thous__ 11,589
40.60
82.85
39. 04
.245
43. 76
81.16
37.20
.250
44.29
78 93
30 26
.261
39.16
78.95
38.83
.275
40 79
86 85
44.41
.255
63
05
15
52
144. 81
128 63
287 58
30 45
155.75
137 94
289 03
22 37
150. 88
116 69
286 96
29 84
157. 52
124 97
297 13
29 14
20 21
18 79
32 35
20 56
20 89
30 25
23 00
22 36
31 07
24 52
23 21
31 16
21 40
19 61
31 32
144.
120
298
26
41 52
93 87
31 72
.283
42.58
98.38
42.22
.268
54 153 28 r 155. 61
37 r!29 16 !21 65
20 r307 65 317 81
91
35 08 29 27
144. 93
125 54
316. 20
23 87
25 42
24 35
29 84
22 02
21 5l
30 22
22 70
22 94
30 07
54
19
21
51
144. 99
126 43
320 67
8 97
21 81
22 23
30 08
22 99
22 66
30 88
22 31
22 53
30 15
26 78
25 57
30 73
151
125
314
2 10
155
138
311
30
45 55
87 34
52 92
.276
.258
TIRES AND TUBES
Pneumatic casings:
Production
_
Shipments, total
Original equipment..
Replacement equipmentExport...
Stocks, end of month
Exports (Bu. of Census)..
Inner tubes:
Production
Shipments
Stocks, end of month...
Exports (Bu. of Census)
_
______ _
13, 176
14, 041
11, 509
13, 234
14, 355
14, 892
12, 797
13, 632
13 884
14, 126
15 242
14, 633
13, 228
13, 460
_ do...
____do
do
do
11 546
3 928
7,489
129
12 5^1
4 004
8,364
173
14 517
4 652
9,718
146
12 398
2 810
9,423
164
11 378
2 340
8,867
171
14 090
4 121
9,729
241
I9 805
2 594
9,922
289
11 120
4 035
6,870
214
12 962
5 366
7,364
231
13 237
4 954
8 136
148
11 864
4 830
6,796
239
14 327
5 712
8,' 352
15 408 r J4 ggg
5 049
5 341
9,782 ' 9, 439
200
285
15 605
5 336
10, 033
236
do
do
29, 985
82
32, 364
132
30, 644
105
29, 968
160
31, 979
148
32, 495
201
34, 731
205
36, 608
37, 553
165
38, 264
269
40, 532
158
41, 467
322
40, 601
211
39, 515
208
37, 207
199
do
do
do.
do
3 305
3 396
9 467
76
3 536
3 491
10 018
' 75
3 699
3 475
10 471
73
3 010
3 370
10 13^
87
3 364
3 404
10 195
86
3 439
3 448
10 439
96
3 607
3 271
10 908
81
3 008
11* 198
75
q 7Qq
41 0
3 079
3' 070
ll'334
100
3 290
3 438
11 266
82
'Revised.
* Preliminary
1 Weekly average for year.
2See note "O" for p. S-21.
9 Revisions for 1961 are available upon request.
{Monthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available,
cf As reported by publishers accounting for about 74 percent of total newsprint consumption
167
q 070
0 OK7
q 090
U 471
78
3
4
OQO
891
3
3
fi98
eqq
m i fin 10 285
239
41
9^3
4nifl
q 7Kn
10 7^1
115
3
11 225
102
in 1963 and 75 percent in 1964 and 1965.
§ Revised to reflect weekly averages for new orders, production, and percent activity (on
basis of 6.5 days per week); comparable data prior to 1962 will be shown later.
©Revisions
by months for 1962-Feb. 1963 will be shown later.
SURVEY OF CUKEENT BUSINESS
S-38
1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in- the 1963
edition of BUSINESS STATISTICS
1964
| 1964
Monthly
average
August 1965
July
June
Aug.
1965
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
15, 939
22, 535
29, 987
34, 416
418.8
21 5
90.1
578.4
23 6
123.7
June
July
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production finished cement
Percent of capacity
Shipments finished cement
Stocks, end of month:
Finished
Clinker
thous bbl
thous bbl
__do
do
29, 441
74
29,354
30 635
' 76
30 665
36, 185
92
38, 750
37, 220
91
40, 678
37, 710
92
39, 496
35, 834
90
38, 008
36, 333
89
40, 693
31, 100
79
27,950
25,968
64
19,969 s 17, 539
38,029
23, 070
39, 555
23 060
41, 894
27, 065
38, 467
24, 249
36, 805
20,628
34, 712
18, 322
30, 341
15, 302
33, 587
15, 624
39,585
18,687
r
r
r
T
T
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick
Sewer pipe and fittings vitrified
Facing tile (hollow), glazed and unglazed
do
r
617 1 r 645 3 r 770. 9
'28 6 7 r 25 9 r 28 6
147. 7 153 1 *• 188. 5
r 31 5
Floor and wall tile and accessories, glazed and unglazed
mil sq ft
Price index, brick (common) , f.oJb. plant or N. Y.
dock
1957-59=100
r 29 5
r
31 5
767. 5
27 6
193. 8
r
r
r 34 o
723. 5
26 1
179. 4
r
33 4
725. 2
25 0
178. 8
T
r
r
T
r
737. 4
28 4
183. 0
31 2
r
r
647. 1 'r494. 2 463.6
22. 4
23.3
22 6
93.5
132. 9 r 111. 2
r
r
r
r
r
r
r
700. 0
27 3
147.5
761.8
29 3
165.9
26 8
r
28. 1
20.1
20 2
26 3
27 0
22.1
21.3
20.5
21.4
25.9
24.3
23.6
107. 2
107.6
107.6
107.7
107.8
107.8
107.8
13 511
15 818
15 663
12 638
16 684
17 672
18 600
14 671
14 575
14 265
19 176
12 813
15 732
17 948
1,300
1,301
1,323
2 066
1,176
1 398 1,664
4 024
4 068
4 326
5 453
2 838
3 931
4 636
956
2,274
1,679
1,179
2,137
1,550
1,659
2,451
1,363
975
2,422
1,375
1,028
2,417
1,321
1,836
3,661
1, 968
1,541
2,761
1,082
2,277
3,355
1,221
2,465
3,915
3,352
32 2
24.4
31 9
»-22.3
23 8
25.9
25.7
24.8
23.8
106.1
107.1
107.1
106.7
106.9
107.2
Flat glass, mfrs.' shipments (qtrly. average or total)
79, 325
thous $
35 370
Sheet (window) glass shipments
do
43, 955
Plate and other flat glass shipments
do
81 326
36 188
45 138
79, 622
34, 089
45, 533
15 134
15 784
17 577
16 873
17 797
15 184
15 923
14812
14 692
1 ^ 3QR
16 880
16 241
17 188
16 893
14 917
14 122
1,602
1 736
1,455
2 105
2,652
3,027
1,792
1,356
4 096
4 656
4 751
4 471
1,101
2,622
1,525
107.2
107.8
GLASS AND GLASS PRODUCTS
Glass containers:
General-use food:
Narrow-neck food
do
Wide-mouth food (Incl. packers' tumblers,
4 100
4 227
4 355
84, 599
38, 156
46, 443
82, 874
39, 898
42, 976
4 132
do
do
do
1,350
2,453
1,349
1 472
2 771
1 396
2,359
3,543
1,425
2,027
3,669
1,094
1,324
3,318
1,357
do
do
do
2 972
739
127
3 064
614
118
3,008
631
104
2 591
549
110
3,124
625
132
3,106
613
148
3,000
621
124
3,225
536
115
3,192
489
149
3,471
602
103
3 305
640
99
3 236
835
120
2,776
541
98
2 947
524
79
3,275
552
89
_ _ ... ._ do
25,621
26413
27,178
27,543
27,724
25,668
26,432
26,929
25,375
26, 515
26, 794
20, 274
24,074
25, 733
26, 112
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons
Production
do
1 372
2,597
1 562
2 607
1,280
2,733
2 002
2,750
1,567
2,526
Calcined, production, qtrly. avg. or total
2,295
2 319
2,437
2,441
2,153
1,052
70
1 100
74
1,200
75
1,212
71
1,166
76
259
248
243
248
269
254
262
274
204
241
mil. sq. ft.. 387. 3 373 7 391.8
.....do
1, 777. 3 1 848 1 1, 905. 7
do
62 0
73 8
63 2
410.1
1, 986. 0
66 6
327.1
1, 744. 8
58.1
11 107 1 028
740
787
1,021
1,068
614
661
1 040
745
992
597
1 286 r 1, 026
1914
736
949
953
567
572
1 050
751
979
588
3 642
2,536
3 917
2,807
4 032
2,919
4 312
3,153
Beverage
Beer bottles
Uquor and wine
_ _ _ _
_
Medicinal and toilet
Chemical, household and industrial
Dairy products
Stocks, end of month
GYPSUM AND PRODUCTS
do
Gypsum products sold or used, qtrly. avg. or total:
Uncalcined uses
__ thous sh tons
Industrial uses
„
do
Building uses:
Plasters:
Base-coat___
do
All other (incl. Keene's cement)
do
Lath.
Wallboard
All other!..
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics, weaving mills :f
Cloth woven (gray), total
mil linear yd
Cotton (gray).. __ _
do
Stocks, total, end of period cf do
Cottoncf
do
Orders, unfilled (gray and finished), total, end of
period f
mil linear yd
Cotton (gray and finished) f
_
_ do
967
728
1,180
829
1 056
761
1 068
661
992
713
1,146
728
*997
1709
1,147
718
985
710
1,141
707
998
707
1,118
692
2 741
1, 865
3 661
2,500
2 628
1,564
2 855
1,755
3 034
1,891
3 093
1,956
1
1, 237
*893
1,071
673
1 000
714
1 073
670
3 320
2,174
3 541
2,357
1
3 661
2,500
1
4 166
3,067
COTTON
Cotton (exclusive of linters) :
Production:
GinningsA
thons ninnitig bales
Crop estimate equivalent 500-lb. bales
thous. bales_.
Consumption O
do
Stocks in the United States, end of mo., total 6
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...
2 15,290 2 15,148
152
r
1,009
3 681 r 9 061 r!2 383
215,334 215,180
699
745
683
i 742
712
702
1882
723
19, 580
19, 467
3,859
14, 290
1,317
114
13, 756
13, 676
473
11,932
1,271
80
12,378
12,306
270
10,916
1,120
72
26, 344
26,209
14, 264
11, 058
887
135
25, 974
25, 840
12, 646
12, 341
853
134
24, 948
24, 823
8,123
15, 754
946
125
23,709
23, 589
5,001
17, 354
1,234
120
17, 789
17,661
3,481
12, 818
1,361
128
r
Revised.
1 Data cover 5 weeks; other months, 4 weeks.
2 Total crop for year.
3
Ginnings to Dec. 13. 4 Ginnings to Jan. 15.
s Beginning Jan. 1965, excludes finished,
used in prepared masonry cement (128,000 bbls. in Dec. 1964).
6 Aug. 1 estimate of 1965
crop.
§Comprises sheathing, formboard, and laminated board
f Effective Feb. 1965 SURVEY, monthly data (back to 1960) reflect adjustment to benchmarks
and other basic changes; see Census report: "Woven Fabrics, M22A (64)-Supplement 1."
Beginning Jan. 1964, data for total cloth are not comparable with those for earlier periods;
manmade fabrics classifications were revised and drapery fabrics included.
r
r3
13, 595 f* 14, 939
1
799
22, 404
22, 292
2,130
18, 706
1,456
112
180
15,148
729
741
1914
735
742
1897
20, 976
20, 869
1,114
18, 115
1,640
107
20, 138
20, 034
808
17, 464
1,762
104
18, 813
18, 718
873
16, 021
1,824
95
17, 340
17, 252
388
15,080
1,784
88
16, 380
16, 300
448
14, 099
1,753
80
15, 240
15, 166
511
13, 056
1,599
74
6 14, 916
cf Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
toweling, and blanketing, and billed and held denims; small quantities of finished fabrics
are included. ^Unfilled orders cover cotton fabrics (gray and finished, except bedsheeting,
blankets, and toweling) and manmade fiber fabrics (gray, except blanketing).
ATotal ginnings to end of month indicated, except as noted. ©Revisions for Aug. 1962Dec. 1963 are available: for stocks, monthly averages also reflect cotton released by GSA
from the cotton stockpile (beginning July 1962).
SURVEY OF CURRENT BUSINESS
August 1965
Unless otto-wise stated, statistics through 1962
and descriptive m®t©s are sltown in the 1963
edition of BUSINESS STATISTICS
1963
1964
Monthly
average
S-39
1964
June
July
Aug.
Sept.
1965
Oct.
Dec .
Nov.
Jan.
Apr.
Mar.
Feb.
May
June
July
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of Ilnters)—-Continued
363
Exports
tfaous bales
11
Imports
do
Prices (farm), American upland— —cents per lb_. 232.0
Prices, middling 1", avg., 15 markets...._.do..». 233.2
Cotton Ilnters:
Consumption©
Production!
Stocks end of mo f 0
tiious. bales..
do
do
111
129
666
437
10
387
2
697
2
120
49
184
2
329.5
330.7
32.8
33.3
32.6
32.6
30.6
31.2
30.6
30.7
116
118
4107
107
114
131
671
44
600
62
648
46
541
290
44
388
1
747
(i)
244
(1)
181
1
584
7
407
4
31.0
30.6
30.1
30.6
29.3
30.6
27.6
30.6
27.6
30.6
28.6
30.7
29.5
30.8
29.7
30.8
4
131
198
572
115
505
COTTON MANUFACTUIIES
Spindle activity (cotton system spindles):©
18, 628 18, 541 18, 376 18, 446 18 543 18 489 18, 672 18 744
Active spindles last working day total tfaous
15, 813 15, 346 15, 208 15, 238 15 273 15, 174 15, 350 15 398
Consuming 100 percent cotton
do
9,849 10, 292
9,422 4 10, 272
9 909
9,678
9,608 4 12, 175
Spindle hours operated all fibers, total
mil
456
467
480
487
471 4 411
484
495
Average per working day
do
8,349
8,546
8, 455
7,836
7,931 4 10, 003
8 166
7 981
Consuming 100 percent cotton
do
Cotton yarn, natural stoek? on cones or tubes:
Prices, f.o.b. mill:
.644 v .630
.612
.617
.631
612
617
617
20/2 carded weaving
$ per Ib
.912 * .892
.869
.896
.881
.871
.869
.869
36/2, combed, knitting
_. _
do___Cotton cloth:
Cotton broadwoven goods over 12" in width:
2,156
2,190 f 2, 243
2 258
Production Qtrly avg or total© mil lin yd
Orders, unfilled, end of mo., as compared with
12.4
11.8
12 0
10 6
13 8
13 7
98
14 8
Inventories, end of mo., as compared with avg.
4.8
4 8
50
4 7
5 5
4 8
60
4 7
Ratio of stocks to unfilled orders (at cottoi?
.36
.39
.32
.42
.52
45
49
30
mills) end of mo seasonally adjusted
•• 25. 18 '29.49 f 24. 86 ' 25. 09 '533.19 ' 34. 14 ' 34. 53 ' 34. 62
Mill marginsf— _
cents per ib
Prices, wholesale:
34.9
36.9
34.9
38.1
36.6
Denim mill
finished
cents per yd
36 9
36 9
34 9
15.8
16.5
15.9 » 6 16. 5
(7)
Print cloth 39 inch, 68 x 72
do
15 6
15 8
17 0
17.5
17.0
17.5
17 0 v 17 4
Sheeting class B 40-inch 48 x 44-48
do
16 6
17 5
17 0
MANMADE FIBERS AND MANUFACTURES
659.2
754. 8
Fiber production, qtrly. avg. or total©
mil. ib
726 3
177.4
Filament yarn (rayon and acetate) _ _
do
194.4
190.1
144. 8
Staple, incl. tow (rayon)
do
148.6
141 5
289.0
351 7
Noncellulosic (nylon acrylic protein etc ) do
334 4
48.0
Textile glass
fiber
do
60 1
60 3
Exports:
8 196
Yarns and nionofilaments
thous Ib
9 706 10 177
Staple, tow, and tops
do
4,187
4 701
5 013
Imports:
Yarns and monofilaments
do
680
767
882
Staple, tow, and tops_
do
10, 463 11 141 10 453
Stocks, producers', end of mo.:
Filament yarn (rayon and acetate)
mil. lb_.
56.8
36 9
35 0
Staple, incl. tow (rayon) _
do
35.5
50 7
60 9
Noncellulosicfiber©.._.......„......... do
0113.3
1°
132.
2
132
6
10
Textile glass
fiber..
do
28. 5 1° 33 1
31 5
Prices, rayon (viscose):
Yarn, filament, 150 denier A --.-..$ per Ib
.82 P 11 73
78
Staple, 1.5 denier
__
..
do
27 P 28
28
Manmade fiber and silk broadwoven fabrics: $
Production, qtrly. avg. or total 9 ...mil. lin. yd_
765.2 r 879. 1 865 9
Filament yarn (100%) fabrics 9..—
do
391.8
388.2
Chiefly rayon and/or acetate fabrics. do
204 3
208 4
Chiefly nylon fabrics. „„„
do
72.2
71.2
Spun yam (100%) fabrics (except blanketing) 9
mil. lin. yd-_
Rayon and/or acetate fabrics and blends
do— .
Polyester blends with cotton
do
Combinations of filament and spun yarn fabrics
mil. lin. yd_.
Exports, piece goods
thous. sq. yd.. 12,972
WOOL
Wool consumption, mill (clean basis):©
Apparel class
mil Ib
Carpet class—. „
do
Wool imports clean yield
do
Duty-free (carpet class)*
do
Wool prices, raw, clean basis, Boston: """"
Good French combing and staple:
Graded territory,fine.--.._- .. ... Iperlb
Graded fleece, % blood
...do....
Australian, 64s, 70s, good topmaking..
do....
4
109
4
10 204
3 947
967
10 907
4,851
883
10, 831
4,994
110
186
762
109
18 667
15 286
11, 093
18 744
15 322
9 905
18 750
15} 308
10, 031
8 109
8,214
617
.876
.617
.876
15 6
17 2
18 0
43
41
A
23
123
444
4
9 155
617
.875
T
52
r
495
502
982
935
4
112
18 651
15 157
12 341
18 676
15 126
9 938
'497
8 084
18 846
15, 192
10, 116
8,196
4 9 347
622
.878
.622
.878
*.627
v. 885
19 1
19 1
19.5
39
39
41
494
10 079
617
.878
4
506
71
715
4
18 692
14 962
12 287
492
29
27
22
.21
.21
35. 22
' 35. 83
36.02
36 16
36.49
37.30
37.49
34 9
17 5
17 5
34 9
17 8
17 5
35 1
18 0
17 5
34 9
18 0
17 5
34 9
18 5
17 5
34 9
18' 8
17 5
P34.9
Pl8. 8
i>17 5
8
70 0 r 8 67 9
8 54 4 r 8 54 3
8
70.0
8
834.8
203. 3
165.4
400 6
65 5
r
13 078
7 831
93 736
9 2 225
5 575
2 671
12 100
7 184
11 041
7*492
7 559
4 686
10 071
4 976
706
1 208
11 140
1 814
4 948
975
5 837
1 032
16 470
1 087
8 892
r 9 7gi
970
1 564
9 505
9 gsg
6,902
7,782
8,433
10 346
35 9
58 9
34.9
53.2
35.2
49.8
123.4
35.2
33.1
47 8
32 4
46 5
32 6
51 3
134 4
36 6
33 9
49 3
32.4
49 0
32 1
51 8
32 9
52 2
r 33 5
r
55 5
34 5
60 6
78
28
.78
28
.78
.28
78
28
78
28
78
28
78
78
28
78
28
78
28
78
28
P 78
v 28
18 797
14 660
13 494
r
861.1
384.6
201.7
72.6
98
942. 0
421.9
228 4
r
75 1
994.9
436.5
238 1
75.2
308.5
336.4
360.2
166 3
105.9
162.4
112.1
165 8
132 2
173. 1
151.1
120 0
15 439
117 0
15 880
20 9
13.4
23 8
14 0
12 19. 1
12 10. 0
18.3
19.8
1.326
1.175
1.285
1.397
1.286
1. 389
12 546
4
13, 251
115.4
16, 842
20.1
7. 9
17.3
9 8
18.4
10.1
15.1
18.0
7.1
19.7
11.5
1.375
1.300
1.375
1.335
1.300
1.375
1.398
1.300
1.375
107.5
107. 5
4
r 128 5
16, 057
4
4
14 538
17 742
4
4
9 Q 716
10, 821
19 4
19.5
9.3
8.9
21. 7
12. 7
13.6
16.2
6.8
16.6
6 2
19.4
10. 7
25.2
12 6
1.405
1. 300
1.375
1.405
1.318
1.375
1.392
1.325
1.375
1.337
1.286
1.235
1.325
1.216
1.200
1.275
1.155
1.125
107.5
108.0
108.7
109.0
108 7
108.3
9.8
9.7
142 2
20 078
4
4
37.97
55 5
10 245
5 564
304.0
9.5
105
768
.26
162.7
114.0
13.8
6 6
133
132
800
311.5
8.6
4
112
141
29.9
30.4
2 363
820 3
199 8
154 2
402 8
63 5
10 496
5,367
4
30.2
30.9
175
815
167
798
2 329
18 ^
743.8
198.0
136.4
347.2
62.2
4
195
709
209
644
398
2
251
4
24. 7
11.0
22.5
1.215
1.138
1.095
1. 195
1. 130
1. 075
1. 195
1.145
1.075
1.195
1.155
1.075
106.9
105.7
106. 2
106.7
96.8
' 101. 1
101.7
8.7
1. 218
1. 172
1.100
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system, wholesale price©
1957-59—100
Woolen and worsted woven goods, exc. felts:
Production, qtrly avg or total© thous lin yd
Apparel fabrics, total
do
Women's and children's
do
Suiting, price (wholesale), flannel, men's and
bovs'. f.o.b. mill
1957-59=100
r
105 4 ^ 107.9
107.5
71 101
68 485
43 246
64 961
63,018
41, 629
71 463
69 822
46, 538
95.8
v 95.9
95.8
63,035
61, 251
42, 079
95.8
95.8
2
3
Revised.
* Preliminary.
1 Less than
500 bales.
Season average.
Season
4
5
average for sales prior to Apr. 1, 1965.
For 5 weeks; other months, 4 weeks.
See
8
note "If."
e For 11 months.
'*N.A.
For month.
« See "O," P-S-21.
10 Quarterly average.
» See note "A."
12 For 52 weeks.
©Revisions for 1962-63 are available.
9Includes data not shown.
tProduction and stocks of linters at oil mills revised to approximate running bales; data
back to Aug. 1958 are available.
f Beginning Aug. 1964, margins reflect the 6.5 cents per
pound equalization payments to domestic cotton users. Data reflect substitution of two
95.8
56 705
54, 343
35, 330
96. 1
96.1
96.1
66 641
64,544
37, 537
96.1
96.8
96.8
cloths used in the average; comparable data back to Aug. 1963 are available.
AEffective Jan. 1964, prices reflect change in BLS source and are not comparable with
those for earlier periods. Dec. 1963 price, comparable with Jan. 1964, estimated by QBE, $.78.
JSee note, p. S-40.
*New series. See corresponding note in the Aug. 1964 SURVEY.
©Beginning July 1964 index, yarn specification changed to "American system, manufacturer to knitter."
SURVEY OF CUEKENT BUSINESS
S-40
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
August 1965
1964
1964
Monthly
average
June
July
Aug.
Sept.
1965
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
17, 289
July
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery shipments
- thous. doz. pairs.. 15, 007
Men's apparel, cuttings: t
Tailored garments:
Suits
thous units. _ 1,713
357
Overcoats and topcoats
- do_...
Coats (separate) dress and sport
Trousers (separate) dress and sport
do
do
Work clothing:
Duncarees and waistband overalls
Shirts
15, 794
16,544
15, 177
16, 663
16,900
17, 417
15, 284
15, 671
14, 170
15, 534
17, 147
15, 033
13, 905
1,717
1,676
1,104
1,806
1,656
2,177
1,840
1,711
2,103
' 2, 059
'418
1,902
350
423
328
887
880
9,551 '10,695 11,646
2,304
2,109
2,382
570
840
10, 238
2,006
332
931
428
391
398
942
11, 562
2,335
728
11,322
2,325
280
1,841
256
1,785
193
193
930
1,022
11,240
2 505
1,095
12, 228
2 671
>• 1, 034
r
12, 405
T
2, 804
1, 085
12, 169
367
308
11, 108
2,679
1,087
9,601
2,444
10, 054
2,425
1, 035
10,354
2,499
do
do -
336
316
406
324
421
313
378
274
428
331
379
302
398
369
343
330
326
305
358
339
346
313
442
362
'399
'324
Women's, misses', juniors' outerwear, cuttings: t
Coats
thous units
Dresses
do
Suits
__do
2,046
21,914
828
2,133
22, 483
2,135
22, 953
2,521
20, 446
2,454
19, 608
2,438
18, 512
899
1,696
16,759
840
2, 126
20, 985
1,138
2,503
23, 630
1,362
2,222
30,228
909
2,408
19, 918
1,008
3,096
21, 178
901
r 1, 279
849
27,879
678
1,363
1, 374
1,354
1,274
1,344
1,349
1,170
1,506
1,505
837
1, 495
1,670
900
Blouses waists and shirts
Skirts '
'
thous doz
do
825
775
923
930
708
1,323
719
820
1,575
834
525
613
745
752
841
444
2,609
833
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net) qtrly avg or total
mil $
U S Government
do
Primp contract
do
Sales (net), receipts or billings, qtrly. avg. or total
4 409
3, 522
4,021
4,492
3,379
4,070
4 575
3,395
4, 191
4,505
3,293
4,120
3,995
2,971
3,534
4,694
2,960
4 050
3,011
4,341
4 102
3,301
4 172
3,204
4 352
3,366
3 978
3,060
4,262
3,247
Backlog of orders, end of year or qtr. 9
do
U S Government
_ do_ _
Aircraft (complete) and parts
do
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, propulsion units and parts
mil $
Other related operations (conversions, modifications) products services
mil $
13, 904
10,950
5 301
1,510
15, 218
11, 658
6 276
1,527
14, 928
11, 694
6,181
1,334
15, 454
11,927
6,294
1,461
15, 218
11, 658
6,276
1,527
15, 862
11, 607
6,377
1, 850
4 646
4,558
4,825
4,882
4,558
4, 602
1 295
1 418
1 324
1,381
1,418
Aircraft (civilian)' Shipments ©
do
Airframe weight © thous. Ib
Exports
mil. $
57 2
1 340
20.3
88 8
1 909
23.9
96 0
2,091
19.8
71 4
1,631
24.9
89 2
1,748
19.5
67 8
1,454
14.0
94.4
2,176
32.3
83.0
1,856
21.7
109.7
2,263
12.8
91 2
2,075
2 30. 0
99 7
2 071
23 1
758 4
730 0
636 5
620 3
121 9
109 7
774 4
744 3
646 0
629 5
128 4
114 8
893.2
862.6
740 6
726.7
152 5
136. 0
691 4
670.3
570 3
562.2
121 1
108 1
339.6
319.9
237 3
230.8
102 2
89.1
700 9
671.1
581 9
563 8
119 1
107 3
491.8
463.7
411 5
394.7
80 3
69 0
794.1 1 031 4
748.8
995.1
679 2
884 3
648.4
862 4
114 9
147 0
100 3
132 6
936.7
910. 7
798.1
782.8
138.6
127.9
908 0 1, 124. 6 1, 017. 7
991.4
873.2 1,091.0
957.5
861.0
774 8
937.9
846.9
753 1
156 7
167.1
131 2
153.1
144.5
120 2
22 928 27 455
12 851 14 726
10 076 12 729
34, 681
18, 986
15, 695
22, 032
10, 677
11, 355
26, 308
14, 927
11 381
22 853
11, 895
10 958
26, 938
13, 521
13 417
25, 130
14, 577
10, 553
36, 053
20, 732
15, 321
2
2
2 6, 617
4, 478
2 139
11 570
7 929
3 641
24 141
16 179
7 962
16, 593
10, 138
6,455
13, 805
8,155
5 650
11, 901
6,610
5,291
Imports (cars, trucks, buses), total d"
do
36 534 44 413 47, 015 47, 172
Passenger cars (new and used) d*
do
35 308 43 896 46, 481 46, 812
Shipments, truck trailers: A
Complete trailers and chassis. _
do
7 904
8 189
6 465
7 245
Vans
_ __do_ _
4,541
4 614
3 885
4 320
Trailer bodies and chassis (detachable), sold
separately
number
627
651
445
650
Registrations:©
New passenger cars
_thous__ 629 7 672 1 754.3
724.2
32 l
Foreign cars .
do
42 5
44 2
40 3
New commercial cars (trucks)..
__do
122.4
123.0
103 7
113 5
20 430
20, 181
40 283
39 632
46 831
46 382
48 374
47, 644
63 985
63, 427
24 172
23,622
44 476
43 971
57 355
56 F94
66 010
65 120
42 216
41, 800
51 779
51, 351
7 316
4 366
8 056
4 841
6 976
4 177
5 947
3 558
7 157
4*510
7 063
4*536
7 4521
4 613
9 591
5 659
9 337
5 753
9 450
5 983
U S Government
do
1, 514
137 9
2 834
57.2
159.6
3,174
51.8
124.6
2, 572
34.3
23.0
MOTOR VEHICLES
Factory sales, total
Domestic
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
.
_
number
__do
do
986.0 1, 058. 6 1 866 4
960.7 1, 034. 3
832.7
894. 1 1 740 4
819.3
880.9
153 3
164.5 1 126 0
141. 4
153.4
804
678
987
867
403
305
245
422
642
648 7
42 4
111 1
565 4
42 4
121 1
658 5
46 2
114 5
563.5
39 9
97.8
756.8
39 4
113.4
667.0
36.0
102.7
631 1
30 1
98 9
798.7
43 1
126.9
895 9
46 9
142 3
841.4
49 5
130.8
841. 5
49.3
135. 2
6,594
4,337
2,257
6,152
4 348
1,804
6 166
4 040
2 126
5,873
3,976
1,897
6,813
4,659
2,154
' 4, 988 r 7 827 r 4 gig
' 3, 532 6*025 r 3 117
1,456 r 1 802 1 699
5 839
5 241
8 555
7 971
806
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments.
__
number..
Equipment manufacturers, total. . . d o
Railroad shops, domestic
..do. .
New orders.
Equipment manufacturers, total
Railroad shops, domestic....
do
do
do
Unfilled orders, end of year or mo
Equipment manufacturers, total
Railroad shops, domestic
do
do. _
do___
Passenger cars: Shipments
_ do
Unfilled orders, end of mo
do
Freight cars, class 1 (AAR): §
Number owned, end of year or mo_
Held for repairs, % of total owned
••Revised.
1 Prel. est. of production.
thous. _
3,747
2,608
1,140
5,756
3,780
1,976
6,759
4 190
2,569
5,258
4,055
1,203
4,349
2 875
1,474
4,314
2 899
1,415
5,124
3 629
1,495
5, 820
4 260
1,560
6,490
4 665
1,825
6,130
4 272
1,858
5,089
3,665
1,423
5,911
3,701
2,210
4 289
3 550
739
4 644
3' 627
1 017
5 344
4 124
1 220
3 992
2 610
1 382
6 763
3 387
3 376
6 443
2 326
4 117
9 741
6 647
3 094
9 436
4 582
4 854
22, 183
12, 645
9,538
32, 876
20, 043
12, 833
30 631
20 383
10, 248
28 618
19 757
8 861
31 598
21 006
10 592
31 278
2o' 688
10 590
30 452
20 249
10 203
29 824
17 187
12 637
33 167
19 190
13 977
36 465
19 500
16 965
35, 006
18, 845
16, 161
36 580
20 517
16 063
35 2°5
19* 589
15 636
35 207
20 875
14,332
36 744
23, 982
12, 762
16
198
21
328
15
356
21
363
30
333
28
305
31
284
46
238
57
191
24
177
27
150
31
119
29
90
26
64
22
62
1,515
1,495
1,501
6 0
1,500
61
1,499
6 0
1 497
6 0
1 495
6 0
1 493
6 0
1 495
59
1,496
6 0
1,495
58
1 495
57
1,495
57
1,492
6.8
5.9
2 see note "O" for p. S-21
t Monthly revisions for Jan. 1961-Sept. 1963 are available upon request.
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
cf Data cover complete units, chassis, and bodies.
AEffective with the Apr. 1964 SURVEY, 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 1958 are available
O Courtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
1 495
6 0
598
584
5.7
NOTE FOR MANMADE FIBER FABRICS, P. S-39. {Effective 1st qtr. 1964,
data reflect revised fabric classifications. The difference between total production and the
sum of data for filament, spun, and mixed yarn fabrics shown separately (p. S-39) covers
upholstery, blanketing, silk, paper, and other specialty fabrics. The difference between the
total for 100% filament yarn and the components shown, covers all other filament yarn goods,
including glass fiber and polyester fiber fabrics. Data prior to 1964, comparable with the
detail shown, are not available.
TO
National defense expenditures
...
1,18
Earnings, weekly and hourly — » — ---------- 14-16
National income and product
.
1, 2
Eating and drinking places_____________, — 11, 12
National
parks,
visits
~
,
24
Eggs and poultry ..... _________ .... ....... 3, 7, 29
Generals
Newsprint
^..
.—..... 23,37
Electric power,___________.,____..._____,.» 4, 8, 26
New
York
Stock
Exchange,
selected
data
20,
21
Electrical machinery and equipment-.,— ---- 3,
Business indicators
-..<
1-7
Nonferrous metals
,.
3,8, t9, 23,33,34
5,6,13-15,19,22,34
Commodity prices
,
„
7,8
Noninstallment credit-- .——
.
17,18
Employment estimates,..,...._________________12-14
Construction and real estate
. . 9*10
Employment Service activities__~ ___________ 16
Domestic trade..—
:
...
10-12Expenditures, U.S. Government ________ _____ 18
Oats
^^....--..^i-...—...
27
Oil burners-.
. ,
„
;•-.
34
Explosives ___ ,„ ____ '___, _____________ . ______ 25
Employment and population
, ,. 12-16
Oils and fats
«__._^8,22,29»30
Exports (see also individual commodities) ____ 1,
Finance
1...
__.
^ 16-21
Orders, new and unfilled, manufacturers*—
6
2,21-23
Foreign trade of the United States.... 21-23
Ordnance
. ..-.. , • :
•- 13-15Express operations ---- '.___________.- _______ 23
Transportation and communications. , ~_ 23,24
Paint and paint materials
..«..-,„.
8,25
Failures, industrial and commercial ______ ____ 7
Panama Canal traffic.-,. ~
—
24
Fans and blowers____________________-~ ____ 34
Industry 2
Paper and products and pulp '..—.
3,
Farm income, marketings, and prices ________ 1, 3, 7
5,6,8*13-15,19,23,36,37
Farm wages ______ ,- __ *.._ ____ , ____ ,
___________
316
Chemicals and allied products
, __-_,..,
25
Parity
ratio.._;
'
.
.
.
1
.
7 •
Fats
and
oils
______________________
-..
8,22,
29,30
Electric power and gas
26
Passports^issued _-.,.-,
.
. -—. . „ 24
Federal Government finance- _______________ 18
Food and kindred products; tobacco
. 26-30
Payrolls,
indexes
'.
'.
.
.
,.
14
Feder
al
Reserve
banks,
condition
of
_________
16
Leather and products
'.„. 30, 31
Personal consumption expenditures
1,2
Federal Reserve member banks -^_______, ____ 17
;.,
: -, :
2,3
Fertilizers____________________....____L. 8, 25 Personal income:
Lumber and products
31
Petroleum and products.
:.'_... 4-6,
Fire losses________'_____'.__1... ____ . _________ 10Metals and manufactures
-..
,- 32r-34
8,11,13-15,19,22,23,35,36
Fish oils and fish,-., _______________________ 29
Petroleum, coal, and products _ 35, 36
Pigiron..
_.
...,.-__.^ - 32Flooring, hardwood _____ ___________________ 31
Pulp, paper, and paper products
36,37
2,20
Flour, wheat______.____._____._____________28 Plant and equipment expenditures ;.,
Plastics and resin materials
.
25
Food products. ,._ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Rubber and rubber products.„„. 37
Pflpulatidm...
«--._;,
'
.
.
'12
Foreclosures,,
real
estate
-------------------10
Stone, clay, and glass products
—
38
Pork
.......^......
.
„__„ • 28
Foreign trade (see also individual commod.)____2 1-23
Textile products _
.38-40
Postal savings—......;.
,».^r..-^. .' 17
Foundry equipment..._____________,„.. ____ 34
Transportation equipment
,
40
Poultry and eggs--..*^>«
*
3» 7, 29
Freight carloading«_...___________.______...
24
Prices (see also individual commodities)
7,8
Freight cars (equipment)____.__-,..________„._ 4, 40
Printing and publishing •..„
* ,^..«. 4,13^-15
Fruits and vegetables__________,..________7, 8, 22
•«,
...
...
. 1,19
Fuel oiL...-_______'_____,_____...._________35,36 •Profits, corporate
Public utilities-—..,
2-4, 7-9,13-45,18-^21
, INDIVIDUAL SERIES
Fiiel»«__._____________._,,__________. 4, 8, 35, 36
Pullman Company .„...-..,»
:
24
Furnaces _
. .. .__,...' ..
„• 34
Advertising——_____._,____ ________ 10, 11,16
Pulp and pulpwood—
..;,...;
36
Furniture._____
___
^
____
.
.
.......
3,
4,
8,
11-15,
17
Aerospace vehicles._____„_-•________.___., _______ 40
Purchasing power of the dollar-:....'
8
F«rt...._,.._____...______i.._____^^... _____ 23
Agricultural loans:_______________.__.„_____•. 16
Air carrier operations™______,____________: __ 23
34
Radiators and convectors
». .:, ;..- .
Gas, output, prices, sales, re venues_________4, 8, 26
Aircraft and parts-— — ..,_______,. 3,13-15,40
Radio and television^
-«
4,8,10, 11, 34
Gasoline .....i. _________ -_____-______, _____ 1,35,36'
Alcohol, denatured and ethyi_.____;,____. _____ 25
Railroads.,
.. 2,~13,14,16,18* 20, 21> 24, 40
Glass and products- „—_________:_____, _____ 38
Alcoholic beverages_____,____________.--__,,. 8, 10, 26
Railways (local) and bus lines
13--15,23
Glycerin, ...__________.___________________' , 25
Aluminum _____ . . . . . . - ' w • „.
23,33
; .
'
39
Gold-..-.™__________.___,_____.________... 19 Rayon and acetate
Apparel____.._____....I....... 1, 3, 4, 7, 8, 10-15, 40
'Real
estate
....
i......
10,17,18
Grains
and
products
___
,
.
.
.
;
.
.
____
7,
8,
22,
24,
27,
28
Asphalt and tar products__,__„______.__. ______ 35,36
18
Receipts,
0»S»
Government
...
„
,.
Grocery
stores,___
..,-.
____
,.:
____
^.^.
______
.
11,
12
Automobiles, etc,.,. 1,3-6, 8, 10, 11, 13-15, 19, 22, 40
.Recreation
,..^ "
-.•
; -,...
7
Gross national product-_____-______________1*2
Refrigerators and home freesers--.—^.
.
34
Gross private domestic in vestment____:____- __ 1,2
Balance of international payments__________;
2
Rent
(housing)
..."
.
.
Gypsum
and
products
____
__
_„
____
;
________
.
8,
38
:
Banking_______...•_______'____..____....... 16, 17
Retail trade
„...*...... 4,5, 7,11-15, 17, 18
•Barley; ______ .„ __________ '. _______ t __ .___, ____ , ' ' 27
^_,_—...
, ......
27
Barrels and drums _________ ;___• _____ '____: __ _
33
Hardware stores*______'.....-___,___,. j___^.. .
1 1 •Rice
Roofing
and
siding,
asphalt*.,
•».*._•
30
Battery shipments ____ ;__,._.:___: ______ .__„ ___ • 34
Heating equipment.____________.:. __________ 8,34
Rubber
and
products
(inel.
plastics)^
4^6,
Hides and skins ___________________________ 8, 30
Beef and veaL. ____ '_ __ *.___k _____ •___._ „_ ___ - 28
8,13-15, 23, 37
Beverages._______,_____..i.___.___._____.„ 4,8, 10, 26 Highways and roads ----- ,J__i____- _______ __ 9, 10
27
Blast furnaces, steel works, etc___^____..„__„ 13-15
I|ogs_-^____-..^____________...________.____28
Bonds, outstanding, issued, prices, sates,
Home Loan banks, outstanding advances___. «.
10
:
personal
', ;.-.. , . ^.'
,
yields,____________...___„,___,—____.. 18-20
, Home mortgages________:_______,__,________.
10- 'Saving,
Savings deposits- -,
, „.'.,
, l.-17
, 'Brass and bronze., „..,____• _________ •._"____. ___ 33
'
40, •
Securities issued-—-,.„_„
- , .^'.
-,. 1§, 20
Brick____._..;_____:___„-____,_._________.__„„__
'38
, 14, i 24
. . . .. . . . . .»*.Security
'markets
.^........
,
*
.„_,„
20,
21
Broker's balances__; _______ , _______ *,__„.;„___.„ , 20
Hours of work per weefc-^^
__
________
14
Services-—„..-..*....:.-.•_.,
,..i... 1,2,
Building and construction materials- 8, 10, 31, 36, 38
Housefurnishin^s____^____...^ _____ 1, 4, 7, 8, 10-12
28
Sheep aad lambs-- :
. ..I'.i^..^.;—...
Building costs_-_ —___.________-._________. 9, 10
Household appliances and radios _ _ ,.____4, 8/1 1 , 34
Shoes and other footwear
...;
8,11, 12,31
Building permits— »_'_______._____.' ...... _____'_,
9
Housing starts and permits- ,_____*______,,. ____ 9
Silver.
.,
^.......^^.....-^....ij^
19
Business incorporations (new), failures -__. ___ 7
Soybean cake and meal and oil _ -„_. .£
30
Business population __».„«,„ _____ «_. ____ ,_ _____ „
-2 '•
Imports (see also individual commodities)- 1 , 2, 2 2 , 23
Spindle
activity,
cotton^^
,..
..-..
39
Business sales and inventories_____~_ — ______ 4, 5
Income, personal- ____ . ___ , __ , ________ ^ ___ . ___ . __ 2, 3
Steel ingots and steel manufactures
ij. .„ 32,33
____ ...-..«•______...______,____....
27.' Income and employment tax receipts_______. 18
Steel scrap. .',...-. .-..' .'
^..
'
32
Industrial production indexes:
Stock
prices,
earnings,
sales,,etc,„....
20,21
Cans (tinplate)___v____.....1________•___'„.„;.. ' 33
. .. By industry —...I..____________......-.^. 3,4''
Stone,
clay,
glass
products
.
J-5,8,13-15,
19,38
Car-loadings___^__i-...'_____,'«„;..'___..___I " '24.
By market grouping_____________________$,4
; Stoves and rangeai-. ,-l.^^.j^..
-^
34
; Cattle and calves. -_____'.-.:.-____.__'____i.. ' 28 Installment credit.. *-„...__________-..,-. 12, 17, 18
Sugar- -.
»-,.-,-.• .
;
.' 23,29
Cement and concrete products,.,________-.1 8-10, 38
Installment sales, department stores*____„___
12
Sulfur
:*
^.
..,
;^....i.
'
,
25
Cereal and bakery products____.______j____
8
Instrtimefits and related products_________3, i3-15
!.*.- ' ; .^
25
Chain-store sales, firms with 4 or more and 11
Insulating materials .....__.____-.__,..^...___. ' 34 • Sulfuric acid- ,. ..: U.^..
-,_•*, ^.; *..;
i.
25
or more stores. ______ '.____<__ ___ „;;_. _______ : -'12 • • Insurance, life____k ,___.___^__..__!______.... 18,19 . • Superphosphate—.
Cheese________.._____________,___„,___;____,„_ .- 27
Interest and money rates..,—.,.___^^^ ________ 17
29
Tea i t - . . - .
„.. , .
Chemicals_____.iw-.____-— 4-6,8,13-15,19,22,25
Inventories, manufacturers* and trade ___ 4-6, 11,12
Telephone, telegraph, cable, and radioteleCigarettes- and cigars ____________ -„,__;___,___. ." 8,30
•Inventory-sales ratios— ----- ;•___,..- ___: _______ • :$•
graph
carriers—*—,-,
,
L<
1315,
24
Civilian employees, Federal_____: . _-J______ __ 14
Iron and steel. . 3, 5, 6, 8, 10, 13*15, 19, 22, 23, 32, 33
Television and radio-—
....
: 4,8,10, 11,34
Clay products.,,..,.____..w___„_____— — — — 8, 38
Textiles and products-- 3, 5,6,8,13-15,19, 22, 38-40
Coal. ----- . ---------- .________ 4, 8, 13-15, 22, 24, 35
Labor
advertising
index,
disputes^
turnover
___
16
'Tin—
.
—.
.
.
......i.. 23, 33
Cocoa-, .„—______...____;.„,_-__•'_„ . •
• '23,29'
Labor force-*___..-,.,___;______-,__..___!_____..
12
Tires and inner tubes-_;
'^L
;..'.. 8,11, 12, 37
Coffee.. ..*.._.______,________— —„______I' 23, 29'
Lamb
and
mutton
____________
.
__
.
_____
I.III
28
22,30
Tobacco
and
manufactures
,
4-8,10,13-15,
Coke_ —._____.___.____;____._________.____— 24, 35 ' Lard_-_________._______:____________..
28
•Tractors---~ -—'
;..»*.. 22,34
Communications™ _-,—__—__ ___ ____ 2, 13-15,^310, 24
Lend
---,
---.
---„
---_
______
.
-----L-III
'
33
Trade
(retail
and
wholesale)^
_
4,
5,
11, 12
Confectionery, sales „.„.'..,.."•.._..!___„._,_• ____ __ 29
Leather and products___________~ 3,8, 13-15, 30, 31
Transit lines, local--,-'
.....
'.^.^4.23
Construction:
Life
insurance
-------------,
—
...
_________
18,19
Transportation.-!
!__»_
1,
2,
7,13-15,
23,
24
Contracts.,,.._____.__-___„„——_,______... __ '9
Linseed oil______>__-_______-__.. ___________ 30
Transportation equipment„ 3-6,13-15, 19, 40
Costs,____._______:.....,..._______1__;___•.- __ 9, 10
Livestock* -------- ...*....-__________3,7,8,24,28
23, 24
Travel........
•„.
*,—
Employment, hours, earnings, wages . . „ -__13-16
Loans, real estate, agricultural, bank, brokers*
Truck trailerSi,
., ' .
• ....
40
Highways and roads — „______,-.—„„,___.__ 9, 10
(see
also
Consumer
credit)_________
10,
16,
17,
20
Trucks
(industrial
and
other)
*.:.«...
34,40
'Housing starts.——__—_________,„..
•9
Lubricants-_______________'___•____.-- _____ 35,36
New construction put in place - _ _'___,______1,2,9
Lumber and products——- — ---- ~ 3, 8, 10-15, 19, 3 1
Unemployment and insurance........^
. 12,16
Consumer credit-___._________s.. „.-.,,____I.' 17, 18
0.S, Government bonds—,..
__-, 16-18, 20
Consumer expenditures . „__,____.._______„— _ 1, 2
18
Consumer goods output, index _______ __ _____ 3,4
Machine tools-___;______:______*___..... ____ 34 ' U»S, Government finance , '.
Utilities—
,...»..-.... 2^4,9,13-15,18-21,26
Consumer price index___„___'_,„_____.____' _
7
Machinery____________.. 3, 5, 6, 8, 13-15, 19, 22, 34
Copper... .. ..... .....___________„_______• 23, 33
Mail order houses, sales_________.__..-;._. ___ 11
Vacuum cleaners..
, ,.-•_—.._^
34,
Corn— _______ .— ^_— _:— . _________ » _____ ',27 '
Manmacle fibers and manufactures __________ 8,39
.Variety stores-.-.—.—
,...i.*.I....^ 11,12
Cost of living (see Consumer price index) ____ 7
Manufacturers^ sales (or shipments), inventoVegetable oils
.- 30'
Cotton, raw and manufactures. -_— — 7, 8, 22, 38, 39
:..^........i.^......ries, orders _______ , ___ - _____________ - ____ • 4-6
Vegetables and fruits-.
-.^.-...,. 7,8,22
Cottonseed cake and meal and oil_____^ _____ 30
Manufacturing employment, production work. 24
Credit, short - and intermediate- term .„_.:. ___ 17, 18
ers, payrolls, hours, earnings --------- ^____13-15 Vessels cleared in foreign trade—
-i..:.^... 16,,18 Crops ..... .______„____.;._____- 3,7,27,28,30,38
Manufacturing production indexes______, . .__3,4 Veterans*benefits-..1........
Crude oil and natural gas——— ..... ..* 4, 13-15, 35
Margarine _______________ . _______________ __ ' • 29
Currency in circulation ... __ »_____•..:_______19 Meat animals and meats- ^..,_____-___, 3, 7, 8, 22, 28
Wages and salaries-.
..—-.. li 3,14-16
Washers and driers
•„.
, „
,'^—. ' 34
Medical and personal care_*_________._____„
7
' Water heaters...<:-^.-.-..-J
.... ' • 34
Dairy products___.____^.____________,.^..» 3, 7, 27
Metals ....... ... ____ 3-6, 8, 13-15, 19, 22, 23, 32-34
Waterway
traffic-...-^.....
.' - 24
Debits, bank______J.___^.._______....__.._' 16
Milk ..
. ...w -.
. •
27
Wheat and wheat
flour—
....^.
28
Debt, U,S. Cipvernmerit-^-^_____.'___*.!,___I.I - 18
Mining and minerals- - - - ______ 2-4, 8, 13-15, 19, 20
Wholesale
price
indexes
,—,—_.—'....8
Department^stores »_„________________ 11, 12, 17
Monetary statistics—.^,____________-__, ____ 19
Wholesale trade.
................... 4, 5, 7,13-15
Deposits, bank. ._______,-^i:_______.... 16, 17, 19
Money supply-,—-,___,.____... _____ - ________ •• 19
Wood
pulp....
_•
.
.
.
.
.
.
*
.
.
.
.
;
.
"
'
36
Disputes, industrial-_____,___^..-____;___+_____: ' 16- Mortgage applications, loans, rates.. j___-. 10, 16, 17
Wool and wool manufactures.
-.._ 7,8,23,39
Distilled 'spirits_____^ _ _ - ^_____'...i,____x.___,„ •• 26
Motor'carriers________i-.'.-.Ji-*-^.-., _____ 23,24' '
Dividend payments, rates, and yields ____ 1, 3, 18-21
Motor vehicles _____ 1, 3-6, 8, 10, 11, 13-15, 19, 22, 40
Drug stores, sales, _'___..i____,„,»__'___..^;.. __ 11, '12
Motors and generators:_____..._____________34
Zinc... .. L^--,;..^™---! .—~~ 33,34.,
SECTIONS
UNITED STATES
GOVERNMENT PRINTING OFFICE
POSTAGE AND FEES PAID
0. S. GOVERNMENT PRINTING OFFICE
D I V I S I O N OF PUBLIC D O C U M E N T S
WASHINGTON. D.C.
2O4O2
First-Class Mail
ICIAL BUSINESS
INPUT-OUTPUT
THE INTERINDUSTRY STRUCTURE
of the United States
THE TRANSACTIONS TABLE for the 1958 Interindustry Relations
Study will be published for the first time in the September 1965
SURVEY OF CURRENT BUSINESS. This table will show the value of
the flows of goods and services among each of the industries of the
economy and to final users, as well as the value added by each industry. The data will be statistically and conceptually integrated
with the revised national income and gross national product totals
appearing in the August 1965 SURVEY.
For convenience the September SURVEY will also carry two of the
input-output tables first published in the November 1964 Survey:
Direct Requirements Per Dollar of Gross Output
Total Requirements Per Dollar of Delivery to Final Demand
Single copies of the SURVEY OF CURRENT BUSINESS are available at 45 cents each
Orders may be placed with
the Superintendent of Documents
U.S. Government Printing Office
Washington, B.C., 20402
or with any Field Office of ®he
U.S. DEPARTMENT OF COMMERCE
@FedFRASER